Quote from: stetym on July 31, 2018, 06:47:04 PM

Quote from: SnapStefan on March 04, 2018, 09:22:16 AM

Dear bitcoin community,

I recently started researching in altcoin and I tried to figure out which other altcoin is more used in sending money online (I think a traded currency shows that the currency will resist in the future and will grow) and I came to the conclusion that Monero is that coin.

Why Monero? I think it's pretty simple, Monero because I saw that everyone from the dark web asks for payments in Monero, and this leads me to think that Monero would be a good investment now because from what I understand, even Bitcoin has first massively traded on the dark web, and Monero came as a more anonymous alternative to the dark web and so it replaced the bitcoin there.

So, as the title of this thread says: Is Monero a Good Investment?

I have presented my theory, but what do you think?

Please expose your opinion to help me in making the final decision whether to invest my money in Monero or not.

I deeply appreciate your contribution on this thread.

Monero has too high transfer fees. The only way to reduce it without turning the basic security algorithms upside down is to reduce the size of the transaction and automatically reduce the commission, which is traditionally calculated for the byte transferred to the processing of the information to miners.

Exactly that will happen in less then 3 months with bulletproofs. That should reduce transactions sizes and with that also transaction fees by factor 8. That is huge. And I dont believe that such huge development as Monero have will stop there but there will be constant redustions.