Post
Topic
Board Altcoin Discussion
Re: rpietila Altcoin Observer
by
georgehosterguy
on 02/09/2014, 23:10:44 UTC
If the choice is Monero, Bitcoin or Cash what do I do?

I understand. I suppose you should buy Monero. And support it.

Normally you don't get an advance insight. I offer that, but what you do with the information is up to you.

Right.  Here is what I know.  Darkcoin was kinda a piece of shit and I avoided it.  But looking at the top market cap in the top 10 currencies it's pretty obvious that anon is NOT a fad in crypto.  It should be a cornerstone.  So anon = important.

Cryptonote is something besides a bitcoin clone.  Monero is well distributed.  Blockchain bloat sucks.  It's not the outright scam Darkcoin was.  Although Darkcoin scam + being first mover and seeing it's success was a lesson in how huge first mover is worth in this space.  

I'm not sure if first mover in anon coins is still a big deal since dark is falling to Monero?  Does Monero get first mover advantage if it passes Dark - or is first mover advantage gone?  But it sure seems like it would be an uphill battle for a new currency.  And at some point consensus / network effect takes over.  (MS Windows vs Mac, etc).

Just random facts.  I do wish all the issues you brought up were resolved (although I will admit to not understanding some of them).  But ... do they have to be to make a significant huge massive improvement to privacy over bitcoin?