Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
obit33
on 05/01/2018, 16:39:50 UTC
Yea i doubt that very much. Wishful thinking in light of knowing better.
The competition for monero is rising very rapidly, both in community and technology.
It's fair to say that now Wraith is active on Verge, it has technically surpassed Monero. And they already had a much bigger community behind them.
And then we have Spectre being technically similar but going environmentally friendly with PoS.
Tbh i can only see Monero go down from here, probably back to around 0.008-0.012 btc levels.

Yea yea, i know you're all going to hate on me now and say they are shitcoins.
Try bringing some solid arguments this time instead of just brainless bashing.

Please, not this... xmr is a highly technical community, it hires actual cryptographers to review and vet the code and do research.

Wraith hasn't been peerreviewed, there's not even a technical paper. It's supposed to be stealthadresses I think, but stealth addresses alone are not enough for privacy, not by a long shot.

For example look at this research: https://z.cash/blog/new-research-on-shielded-ecosystem.html
privacy fails because amounts aren't hidden... In Verge amounts aren't hidden either... Verge hasn't technically surpassed monero at all, it's just another pump and dump coin, with one dev that even fails to deliver their basic concept (tor integration)... They're all about marketing and have no vetted codebase...

XSPEC at the moment is just vapourware, they promise the world, but there's no white paper, no documentation whatsoever... You're buying into a future promisse right now. If I would try to sell you a Renault, with the promisse that it would become a lambo, would you pay lambo-price for that renault?

anyway, good luck and watch out for scams, Verge has all the red flags of a scam...