Post
Topic
Board Altcoin Discussion
Re: Monero (MRO) Speculation thread
by
nutildah
on 14/07/2014, 23:31:04 UTC
I'm speculating that Monero is bullshit and will go to .00000001 based on the quality of the "community" involved.

Whenever a new coin has a pack of rabid, flame-retardant fanboys foaming at the mouth over it in trollboxes and forums worldwide, it gives me pause. Most of the time these people don't even know they are brainwashed and pumping on behalf of a larger, more powerful entity who will soon hang them out to dry.

I've watched this play out least ten times in the last 2 months, and nobody learns a thing. Different coin, same mind control techniques, same pump and dump. The only thing that ever changes is the name of the coin.

This is irrelevant. What matters in the long run is if the technology efficiently covers a necessity. Privacy is a big, big necessity these days. If the MRO devs keep it solid and the hard work goes on and it turns out a solid product that addresses all of the privacy problems within monetary transactions (what BTC originally intended by failed to do so), do the math. This is how real value is created, nothing of this hyped out pumps shit. Just give it time.

Turns out the only thing Monero actually did was destroy value and it actually _was_ one of the "hyped out pumps shit(s)."

Monero won't make it. The name is too silly and the coin is too unoriginal.