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/biz/ - Business & Finance

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3868932 No.3868932 [Reply] [Original]

what does /biz/ think of monero?

>> No.3868945

Fucking awesome. The only privacy coin.

>> No.3868955

>>3868932
the network has a unique use, the actual coin i can take or leave

>> No.3868956

biz doesn't like it because it's not traded at binance

I would get some from binance if it had it, I think Snowden is wrong on this one

>> No.3868980

>>3868956
this I dont know why snowden would make such a mistake about Zcash over XMR. Drug users make this coin an easy hold at worst it will just sit around where its at.

>> No.3869034

>>3868980
my thoughts exactly

>> No.3869047

So how exactly does this work?

>> No.3869708

im thinking of buying some soon, its one of the only top coins that i believe in despite not having any

how do other privacy coins (verge, zcash, ect) compare to it?

>> No.3870101

>>3869047
literally magic

>> No.3870129

>>3869047
ring signatures

>> No.3870138

>>3868932
-20%.

luckily bags are light on this one.

>> No.3870139

>>3868980
snowden is compromised. that's why.

zcash is zogcash

>> No.3870175
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3870175

>>3868932
it may be more popular, but zcash tech is better.

monero ring sigs are just obfuscation (good privacy)

zcash ZKsnarks are provable anonymity (perfect privacy (with tor))

likely that the better tech will win out in the end, but not guaranteed

don't let your current investment in a coin blind you to what is better tech. Look at the ZCash team, world leading cryptographers.

Also blockchain is dead, DAG's are the future. IOTA is the new bitcoin.

>> No.3870184
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3870184

Good coin, horrible, horrible childish community.

>> No.3870200

Also Edward Snowden said Monero isn't private at all, while it claims to be.

http://i.imgur.com/1ZrsumA.png

>> No.3870207

Lets see.. buy a overpriced monero coin with outdated tech and soon they are releasing asic miners for monero that will put it at risk for a 51% attack and make it centralized. Or buy a privacy coin with up to date tech, like pivx? However pivx is overpriced and runs a bad POS that enables early investors to dump regulary. Or just maybe.. you know, you could buy the up and coming, low cap, x10-x100 potentional coin with shining new algo, anti centralized mining support and fully run on TOR network that will soon release a decentralized side chain that will make transactions 100% untracable with even hidden wallets. That coin is called VERGE. Your choice man.

>> No.3870220

>>3870139
this it's so obvious

>> No.3870429

Nothing is as efficient as monero in terms of privacy. And monero doesn't need a trusted setup.
Maybe read about Ring signatures, ring size, RingCT, stealth addresses, public view key, etc. Try to send a monero tx and a zk-snark tx on (note that zCash doesn't use them by default, it also has a public blockchain). snarks take a lot computational power right now.
https://getmonero.org/resources/moneropedia/

>> No.3870585

>>3870207
Newbies, don't listen to this moron. XVG is complete and utter crap. Anyone who understands technology to some degree would be able to confirm that.

>> No.3870654
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3870654

>>3870585
hmmmmmm

The only thing that missing is a private ledger and Verge would be the comfiest darknet coin.

>> No.3870671
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3870671

>>3870654

>> No.3870688

>>3868932
just so you guys know its still without a doubt undervalued. dark markets are for some fucking reason just now starting to use it, assholes are still buying cocaine with poorly tumbled bitcoin.