Post
Topic
Board Speculation (Altcoins)
Re: Monero under 25 cents? What the hell _were_ you waiting for?
by
Layonk
on 10/03/2018, 10:22:58 UTC
I posted this thread in early 2015 - https://bitcointalk.org/index.php?topic=925649 - titled 'Monero under 25 cents? What the hell are you waiting for?'

For some reason it got locked which is a mystery in itself but hey I respect that. Now I'm posting this thread for the discussions started in that very thread to continue.

If you were around at the time did you buy some XMR for yourself and lock it away? I mean 1000 XMR for $250 wasn't so much. Anyone could have dropped some into it and it absolutely made sense at the time as it does today to use that coin

The coin is simply such a good one

Most people here are (or should) be interested about performance against Bitcoin, since most people buy alts with their bitcoins, or at least I do, and I was pleased to see that Monero is performing very good against Bitcoin, unlike most alts, which have been going down against Bitcoin, even if they went up against the dollar.

I must confess that I fucked up real bad by selling all of my XMR, I think I sold them at a loss because I bought at all time highs back then...

Anyway, the problem of XMR is that I don't see how you could buy a house with XMR gains since the blockchain is obscured so you can't prove you obtained your coins legally or ilegally, and at least me personally im interested in buying a house eventually with my crypto gains.

Owner of private keys can easily show where his transactions come from if he want to.  Coins where you would not show that would be a shity coins for doing buisness. Since you could not prove you sent a transaction.

Yes that is the power of private key holder which can very easy to see the transaction if can not then how we can approve the coin source of sender.
However, monero is privacy coin but if we could not approve the sender then how we can pay the sender.