Post
Topic
Board Altcoin Discussion
Re: Is it possible to destroy Monero (XMR)?
by
rikkejohn
on 07/09/2014, 12:36:04 UTC
Why are people pushing the coin this hard when it has this many problems?

My previous long post answers this:

Fair launch. It is just so precious. And never before happened as well. So that the largest holders are not there by accident (or more likely planning by the dev), but because they wanted to buy a crappy coin at a high price. Monero's history is special.

Just tell me one example of a coin where the dev is not the largest owner.

I believe it is very good that the coins are not dev pet projects.

Quote
"Why is this coin not taking off when so many big names are supporting it"

I can only say that if something should happen, but has not yet happened, there is a good chance that it will happen.

Fallacy again using the modal verb "should". This is a tactic of the XMR people.

"if something should happen, but has not yet happened, there is a good chance that it will happen."

There is no "should" about it, no reason to believe it will do anything at all. You are bestowing it with an "end", like it can be measured. But this is impossible in crypto.

Actually, scrub the last comment. Of 1000 coins, only a handful have made a wave, and only bitcoin and perhaps litecoin have had a meaningful impact in market terms and popularity.

So if we throw "should" about, we have a duty (should) to use it properly. XMR should crash and burn, or just muddle along or disappear.