Good discussion guys.. couldn't say better so here are some great quotes that i found interesting...
The competitive nature of the altcoin forum and the "fighting" among the defenders of various altcoins results in attack and/or hate.
privacy is the *one niche* that people who've thought long and hard about bitcoin/alts/crypto for years have identified as having potential merit. And that XMR is the first coin to implement technically sufficient privacy with a fair-enough launch.
The forces that are trying to discredit it are only strengthening the coin and the community. Monero should be thankful that they are getting such a hard "peer review". This is something that most minor altcoins escape.
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.
fair launching and distance from the muddy CN coins to the transparent team of dedicate developers that leads it today with only the donations and the community support, I ask that right now just read what OP said and think about why Monero is being attacked both with an army of trolls and an army of skilled coders when as technology its completely neutral and have not made anyone a multimillionaire, yet.
the fairness how everyone can acquire coin virtually at the same term as everyone else, all-time-average price is 0.004, same price of XMR now... lol
it has ring signatures that provides untraceability of transaction, CN protocol also solves the fungibility problems of bitcoin, its a really simple coin and the real investors don't need much besides what been already said on OP.
People do tend to forget that coins are not stocks. It's a great point.
In the long term, markets are weighing machines. In the short term, people can have opinions, and FUD can rule the day. Price can be driven down, and that may be happening with Monero. (Or it may not.)
In the long run, though, if Monero has true advantages and innovation, the short-term price "destruction" that results from FUD, hatred, etc... simply gives us a buying opportunity.
This is where it's important to realize that cryptos are NOT stocks. They are MORE resilient and LESS subject to pressures like bankruptcy, de-listing, etc...
My take is that the advantages of 1) talented and deep team of devs, 2) fair launch, certainly compared to many cryptos, 3) innovation with regard to anonymity, 4) maybe even whale support--in the long run, I think the weighing machine theory makes it unlikely that Monero will be destroyed.
Makes me want to accumulate more, in fact, because the short-term price pressures might make buying more attractive.