It's all about Monero when it comes to anonymous coins.
Explain this to me: Why is it that the market doesn't trust Monero if it has so solid fundamentals? Why is it that 100% instamined PoW/PoS hybrids appear out of nowhere, and just by being based on the Bitcoin codebase are able to out-perform the marketcap of Monero in a few days or weeks? This shouldn't even be possible.
4 Darkcoin $ 34,537,954 $ 7.78 4,439,477 DRK
11 Bytecoin (BCN) $ 8,974,931 $ 0.000057 156,920,284,106 BCN
13
VeriCoin $ 7,597,613 $ 0.283679 26,782,417 VRC
15
XC $ 6,451,500 $ 1.17 5,515,507 XC
17 Monero $ 5,080,622 $ 2.72 1,867,647 XMR
First, regarding your reply to me above, yes, I haven't done a lot of DD on Dark Coin. I did look into it a while back, before the big run-up actually.
I have done a bit of work on Monero and really liked what I found thus far. There have been many things brought up about DRK here, and I'm not
real high on it. I realize it has a head start and that is often huge, but time will tell. What is clear to me is that Monero has superior technology (but
that doesn't always matter, I understand). We are still finding that #1 Anonymous coin and time will once again tell here.
Regarding the market not trusting XMR, how long has it been out? How many people even have a clue on this subject? Things are just getting started
and for sure I wouldn't just judge the success of a coin based on it's market cap. Of course, I will follow that and it will eventually be a great indicator,
but we are just getting started.
The downside with Monero to me right now has more to do with them not having a GUI wallet and nice paper wallet available (for the masses). But they are working on
some more important things (they say) so I will consider this as just having a better chance to have gotten in early.
There is some big money moving into XMR, perhaps DRK as well. Who knows, maybe both succeed.
IAS