/biz/ - Business & Finance

>>2867228
stop shilling this shit faggot i don't want /biz/ to ruin a non shit coin

obviously NEO/ANS

>>2867295
why's that?

>>2867228
Soon Eth will make it redundant.

>>2867228

>I O T A
>O
>T
>A
I love how /biz/ hates this coin. Stupid faggot ass niggas, it's the future and my 100 Gi are going to make rich as fuck.

>>2867394
explain this shit

>>2867228
Monero is definitely #1 to me.

Blocknet.

>>2867432
Same. Has been for a year.

>>2867413
tangleblog on youtube

>>2867228
>required 2 keys and a monero wallet off exchange to actually use, complicated instructions

Sorry but when it comes down to it, people will just use ETH because its faster. Only pedophiles will use monero

>>2867564
hahaha
this is just role playing right
like you are hyperbolizing societies views on anonymous money right

you aren't actually this fucking stupid are you?

>>2867371
Source on this? Monero is supposed to be used like anonymous cash, how is it anything like ETH?

>>2867591
Eth is gonna implement functions from zcash and somehow this will make it better than monero even though zcash is shit.

>>2867620
when is this gonna happen?

>>2867371

But monero and eth are completely different and don't even compete

>>2867237
Even /biz/ can't ruin Monero

>>2867620
Doesn't Zcash have giant backdoors that make it's claim to privacy invalid?
I haven't investigated it to be honest, but that seems to be the theme floating around /biz/

>>2868127
Only Monero can ruin Monero

XMR looks like it's doing pretty good, up about 10% over the last few days.
Not exactly a moon mission but some nice steady growth.

>>2868138
That's probably a bit of an exaggeration but somewhat true. Its CEO said that they can make it "too traceable for criminals". It's definitely shit compared to Monero.

Not only Monero itself is the best, its community is also the best from what I've seen during my few months in crypto. Too bad that it will never be used for anything other than illegal stuff.

>>2868219
>it will never be used for anything other than illegal stuff
I disagree. Monero is better at the "store of value" role that Bitcoin proponents love to tout, due to its fungibility. As an example scenario, imagine a future where cryptocurrency is widely used and Donald Trump's fortune was largely stored in Bitcoin. A bunch of angry tech-savvy liberals could attempt to dismantle his fortune by agreeing not to use Bitcoins that ever passed through his hands. Maybe someone makes an "Anti-Fascist Bitcoin Wallet" or something cute like that which examines the blockchain and flags any incoming transactions if the coins ever belonged to Trump, and a bunch of progressive companies jump on board to refuse such coins. Now even people who support Trump will be less willing to accept his Bitcoin, knowing they won't be able to use it themselves, so his net worth drops because his own Bitcoin becomes less valuable than the average coin. Some store of value that is. Any controversial figure could face the same problem.

Yes, Bitcoin tumbling exists, but the recent AlphaBay bust showed that the FBI has a way to get around it. I'm not confident that will remain a state secret for long.

Monero is the only coin with always-on privacy and therefore the only fungible coin. This makes it the coin best suited to store value. All it needs is some baseline acceptance as having value, which already exists and is increasing (yes, largely due to illegal stuff at the moment).

>>2868378
The fact that no government cannot track it would cause a great propaganda though. There are millions of people even in civilized world, unironically telling that nothing is wrong in being spied to your molecules by the governments, and you should be OK with it unless you are a criminal.

Meanwhile Bitcoin has also mostly been used for illegal stuff for years before FBI started taking this seriously. It is still being used that way in less developed countries. Bitcoin instead got billions of dollars of free media.

And that scenario is... Wow. Geniunely never thought of that. Limited number of Bitcoins and people doing it to a number of billionaires for different reasons may kill the transaction traffic.

I actually don't like all the attention xmr has suddenly been receiving....

>>2868991
It seems were getting another Fluffypony like chapter
It's nice for people to know it's benefits, but all this fags are looking for some quick profits since most shitcoins are in a downtrend

>>2867336
It is a trustable bet due to its highly responsive (although toxic) community, reliable devs, excellent whitepaper and has a lot of partnerships in the works. While I wish it's market cap was lower, if things go relatively well we could see x3 on this coin by the start of next year

>ETH is gonna make it useless!

By doing what? Using tech from zcash, which was developed with support from none other than.....

*Amazon.com

*Broadcom Foundation

*Tel Aviv University Authentication Initiative

*Center for Science of Information (CSoI), an NSF Science and Technology Center

*Check Point Institute for Information Security

*U.S. Defense Advanced Research Projects Agency (DARPA)

*Air Force Research Laboratory

*European Community’s Seventh Framework Programme

*Israeli Centers of Research Excellence I-CORE program

*Israeli Ministry of Science and Technology

*The Leona M. and Harry B. Helmsley Charitable Trust

*Office of Naval Research

*Simons Foundation

*Skolkovo Foundation


YES, anon, you should definitely trust zcash and any technology it implements, especially considering how it's founder, zooko, is a massive faggot who

a) has admitted he doesnt even understand z-snarks
b) has advocated making it easier or possible for law enforcement to track down users of zcash

Anyone advocating zcash at this point needs to off themselves before the Feds do it for you.

Monero is boring and the logo sucks I hate orange.

orange and grey, wtf is that shit

>>2869095
Um what the fucking shit? Proof?

>>2867591

it isn't... Ethereum gets hacked all the time, no one will trust something that their life depends on it on that chain

>>2869128
http://www.globalresearch.ca/zerocash-a-cryptocurrencys-deep-state-ties/5553661

http://zerocash-project.org/about_us

https://www.reddit.com/r/Monero/comments/59xop4/zcash_founder_i_dont_understand_how_zeroknowledge/

https://twitter.com/zooko/status/863202798883577856

Zcash is basically nsacoin.

>>2869106

I love Monero, its a not a hacked-contracts blockchain but plain and simple electronic money. The logo is second only to Bitcoin itself, the name also is perfect. It was born to be king.

>>2869181
This.

>>2869181
Not to mention the dev team is a bunch of anonymous cryptotrolls. People rag on MOnero because of Fluffypony, but they troll like that specifically to keep egotistic fags out of the community.

>>2869352

And you need to have a certain IQ to get that, so it only makes retarded shitcoiners rabid crazy when they "see" the "creators" not pumping the shit out of it.

I'd invest in monero if it wasn't for the infinite supply. I know Ethereum has infinite supply too but at least it gets burned/ supposedly will stabilize around 100m.

>>2869663

so does Monero: https://www.reddit.com/r/Monero/comments/3xm7w1/about_the_economic_implications_of_the_tailend/cy6vh7m/