Post
Topic
Board Altcoin Discussion
Re: When will funds rotate into privacy/anonymity coins?
by
mv1986
on 09/01/2022, 23:35:56 UTC
~snip
Any thoughts would be appreciated!
The time for privacy coin is coming to its end.
Just because the masses are batting an eye into Defi, NFT, and any dAaps supporting cryptocurrencies, does not mean highly privacy-centric coins will cease to exist. Each cryptocurrency has its own purpose, if there is enough of absurd people that flow their wealth into shitcoins, then those particular privacy coins will have its own benefit and it actually has the real utilities according to the user needs. So, I don't see it will end anytime soon!

privacy coins will always have their own niche in this market. i have the feeling that most users of these coins are just silent about it. because of course, they want to maintain their privacy. start worrying if you are not seeing good trading volume in exchange platforms. but for now, they are still doing good as compared to most new alts.
so nope, they will survive in the coming years. i don't see their dead end yet.

Well yes, people using it might not talk about it, they wouldn't be able to hide price movements on Coinmarketcap when demand were to outpace supply.  It is a bit surprising to me that a coin like Monero is behind a lot of other coins that do not offer anything special. I mean anonymity coins really bring something important to the table. I do think that they will have their time in the future pretty certainly.