Sheeeeet. Im done with ETH. It should be a lot higher idk what is going on but BTC and XMR and LTC have me hooked right now. Such unbelieveable gains. Im getting scared, this is just free money at this point. XMR is still very undervalued when you think about it. shyt could easily be at 5000 USD by this time next year, its a better more private system of payment than BTC.
Official CryptoCurrency Thread (Bitcoin, Litecoin, Ethereum & More)
- Thread starter irishfury
- Start date
Sheeeeet. Im done with ETH. It should be a lot higher idk what is going on but BTC and XMR and LTC have me hooked right now. Such unbelieveable gains. Im getting scared, this is just free money at this point. XMR is still very undervalued when you think about it. shyt could easily be at 5000 USD by this time next year, its a better more private system of payment than BTC.
heisenburrr
Have Fun Staying Poor
Payments isn't what people are buying Bitcoin for today so I don't see how Monero should be higher based on it supposedly being better (it's not)
Privacy
I always liked xmr because it allows you to send and receive funds without your transactions being publicly visible on the blockchain. This ensures your purchases, receipts, and other transfers remain private by default.
Scalability
Monero doesn’t have a hard coded maximum block size . This means that unlike Bitcoin, it does not have a 1 MB block size limit preventing scaling for mass adoption. Since there is no maximum block size limit, a block reward penalty mechinism is built into the protocol to disincentive excessive block size’s.
By default, the Monero system promotes and permits net neutrality on the blockchain; this means miners cannot become censors, since they do not know where the transaction goes or what is contained within it while still permitting auditing when desired.
But Bitcoin has a certain appeal to it now becasue the name ''bitcoin'' itself is now a household name. People trust it in the general branding sense.
It will probably always find a way to be the Numero uno crypto but Monero and even Aeon are two that you have to keep an eye on. For me they are both supremely undervalued right now because everybody is all bitcoin bitcoin bitcoin, without seeing that there might be even better options out there for people depending on what exactly you wanna do.....
buybitcoinworldwide.com/monero
Let's say you never got involved in crypto before. But now you have $500 to invest.
If you all had $500 to do this right now, which would you buy and how would you buy it?
If you all had $500 to do this right now, which would you buy and how would you buy it?
Logic Reigns Supreme
Banned
I just signed up with Binance. What an annoying verification process, they want you to upload a picture of the front and back of your Driver's License. And then want you to take a Selfie holding your License along with a piece of paper bearing their name and today's date.
InfamousThoro
All Star
I just signed up with Binance. What an annoying verification process, they want you to upload a picture of the front and back of your Driver's License. And then want you to take a Selfie holding your License along with a piece of paper bearing their name and today's date.
Yes all exchanges have this process.
InfamousThoro
All Star
@heisenburrr are you an eternal hodler or selling some on levels like 10k? And do you only have BTC or also other coins?
heisenburrr
Have Fun Staying Poor
Blockchains don't scale by increasing the block size so mass payment adoption cannot happen on a single layer.
You should evaluate the claims you encounter before you go around preaching something. This space is more complex than anyone of you can imagine and the technology isn't "magic".
heisenburrr
Have Fun Staying Poor
Logic Reigns Supreme
Banned
Coinbase didn't make me take a Selfie from what I remember.
Logic Reigns Supreme
Banned
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itsyoung!!
Veteran
up to 11k
itsyoung!!
Veteran
itsyoung!!
Veteran
For quickest come up? bitcoin still.. its up 33% in 1 week, ethereum up 31.62% in 1 week, litecoin 40.27% but fluctuates more even though steadily rising
for long term potential id put in ethereum or litecoin. Ethereum is up 61% this month, litecoin 77% but ethereum is a higher $ ($494 vs $101)
When you say long term, how long are you talking? Over 12 months?
Is the coinbase all I need to buy these currencies?