Post
Topic
Board Altcoin Discussion
Re: rpietila Altcoin Observer
by
aminorex
on 14/08/2014, 18:28:12 UTC
i can not agree unconditionally with your argument of liquidity regarding Monero, simply because i do not think that CNs are used for real "purposes" - atm they are used mainly for speculation. "Real word" usage may turn tides on no 1. privacy currency, only time can tell which it will be imo.

The leadership is clearly overwhelmingly in XMR at the moment  - by a market cap factor > 32x.  You consider the emission schedule of BBR to offer some competitive advantage during the phase prior to development of an organic economy.  I would like to understand that better.  It will have to be an overwhelming advantage indeed to surmount a factor of more that 32x.

Quote
...Monero just has to steep curve to be properly distributed without large mining-marketing campain... Monero will spend large amount of life in time period that is skeptical to cryprocurrencies - which will affect its distribution to extent that will not reach satisfactory nettwork effect imo. ... Further, XMR will not have army of GPU miners to come to support it in the near future, and BBR just might

Your argument seems to be that buyers will be few, so GPU miners are needed to increase dispersion.  I question whether GPU mining promotes dispersion more than CPU mining.  In fact I think the opposite is likely true.  Moreover, GPU mining has generally been more profitable in XMR than in BBR.  I think these points refute your argument.  Please correct my error.

Quote
Generally, comparing XMR to BTC is too far stretched.

That is precisely why XMR offers such an advantage to investors at this time.  The vision to see the likely end-game is sparsely distributed.  I work to distribute that vision more widely.