You are viewing a single comment's thread from:

RE: Why I Think We've Reached a Bitcoin Bottom

in #bitcoin7 years ago

i dont think monero has govt related issues or will ever be in . But i am concerned more on the community around it , development in particular (just recently forked into 4 offshoot) . These are signs of internal stress . I hope i am wrong . And i agree about ltc and nano. Thanks for the cover.

Sort:  

by nature you cannot stop the forks, I suppose what you'd want to decide on is if you want to stick to the one that stays asic resistent. Also, keep in mind that if key people in an "anonymising" currency stay anonymous, that would be better, but in saying that I dont fully understand ring signatures all that much...

Monero isnt anonymous , its transaction is just private . So i will hope to have more community development around it. Utility drives the price and building an advocate panel through community is a proven method of brining more users, hence utility.

Right, I need to do more research on Monero..