XMR

TonsilsDeep

Decentralized exchange. Transfer to anonymous crypto like ZEC or XMR. Transfer to USDT-USDC if you want to keep the dollar value the same. Non taxable and untraceable. You're welcome. The only taxable event after would be transferring into fiat.

SpontaneousDream

[https://www.tradingview.com/symbols/XMRBTC/?timeframe=ALL](https://www.tradingview.com/symbols/XMRBTC/?timeframe=ALL) Nuff said. XMR/BTC still down -26% all time. Trend is clearly lower. It's just lower high after lower high.

No-Masterpiece2246

Knowing what a cryptocurrency is and isn't doesn't require any "philosophical debate". It's just a skill issue on your part of not knowing how these technologies work. Bitcoin is mined and decentralized via a peer to peer node and mining system, like many other cryptocurrencies (BCH, DOGE, LTC, XMR, etc). Stablecoins are not mined and they're not decentralized. If you don't understand it, don't worry about it. Nobody is using DAI, and it's not proven to be stable or even safe yet. Probably flawed at the spec level because there is no actual fiat backing it. But who cares, USDT and USDC are the stables that are used for 99% of the time.

lacesvodka

XMR Monero

crazy_lolipopp

right because XMR is all alts?

Previous_Valuable873

Lolwhat, XMR is up 17% :-D

GothicCrow

Freedom just mirrors the society you live in. Nobody forces the Joe to be a greedy idiot looking for "get-rich-schemes", nobody forces to hold them something outside of BTC/ETH/XMR with lower volatility and low profits. While idiots got scammed, people in Iran or Russia got the opportunity to move money around without the US censorship; people in EU to save some money from outrageous taxation; etc. Decentralization is like a gun or drugs legalization - you can live a proper life with it or make a shooting/an overdose, you need brains and responsibility.

fleshN2gear

I spent 6 weeks and countless simulations, determining that solona 1:1 issuance beside a monero fork with the same coin supply and 500k difficulty is the most effective way to create capital within the first 1000 blocks. You guys are right a $50M infusion from a VC and a team would have been a better way. to get the network I have laid plans to create within the next 10 years, using the estimated fee income from this project to allow me the time to develop it. The whole point was to try and create a novel network by myself and a few friends. Then use that network, after it matures and we develop add layers to it, to launch the base of the originally designed network. But, we can't go straight towards it because there no way we could get venture capital. Hell if inwa trying to just make a bunch of money, I'd set up an IPO and sell token until I had enough and then make the tokens disappear behind layer and layer. But I wanted to create a network that at the very least, provided a basic utility(anonymity) and a way to easily create value for the privacy coin my duel "mining" a Solana token beside it to act as a wrapped privacy coin and be easily adopted by dexs and cexs for trading. Allowing the privacy coins value to increase with the token, while also allowing arbitrage traders to trade one for the other to try and keep the prices similar and allow me to collect the tiny 0.1% transfer fee. A transfer I hope will accumulate enough to apply towards the next progression if not the new novel network. I have Solana setup to take 1% of every transaction so that .5% goes to a burn Treasury, .2% to a liquidity Treasury, .2% to a development/reissuance treasury, and 0.1% as a transfer to fee to the founders Treasury. I've set up a elected governance board that will be elected by community members by block 1000 to votes on Solana token issuance, burn rate, ,Treasury yields and n whether to decrease or increase found rewards by +.15% or down to 0.05%. I have faith it be be adopted by enough miners and pools that block 1000 will be reached (120 target block times) and then the issuance of the Solana tokens will renew or increase the networks usage. I think this is a fair way to create capital for a bigger project. Everything is transparent. If the privacy coin become widely adopted, it's created to issue coins for 38 years plus a tail emission. While to Solana token is maxed out at certain supply. But this could change during governance voting. Either way I have faith in at least mild adoption on the merit of transparency, decentralization, and privacy alone. Oldschool miners are looking for a way in. XMR has become too difficult to mine solo. Perhaps Forgecoin will offer this niche group a chance to mine on RandomX again and prospect. You guys selling this an AI slop project is really demeaning. I'll agree that I didn't have the funds and man power to fully flesh out a novel and materially useful network that I set out to. But, I did my due diligence, and mathematics to ensure this project could be as succefull as possible given its limitations. I'm sorry I used AI for the coin Icon and banners. I'm sorry I used AI to summarize and extrapolate the tockenomics from my stacks of simulations and for debugging. But for someone whose only been coding for 6 years, calling my work AI slop seems a bit harsh. Especially with the amount of loveable, replit, etc apps floating around these days. But, at least you've convinced me to re band the networks webpages and desktop mining app. Feel free to join to network in the future if God forbid, monero collapses. Eveyones welcome.

fleshN2gear

Again with the AI slop accusations. I spent 6 weeks and countless simulations, determining that solona 1:1 issuance beside a monero fork with the same coin supply and 500k difficulty is the most effective way to create capital within the first 1000 blocks. You're right $50M and a team would have been a better way. to get the network I have laid plans to create within the next 10 years, using the estimated fee income from this project to allow me the time to develop it. The whole point was to try and create a novel network by myself and a few friends. Then use that network, after it matures and we develop add layers to it, to launch the base of the originally designed network. But, we can't go straight towards it because there no way we could get venture capital. Hell if inwa trying to just make a bunch of money, I'd set up an IPO and sell token until I had enough and then make the tokens disappear behind layer and layer. But I wanted to create a network that at the very least, provided a basic utility(anonymity) and a way to easily create value for the privacy coin my duel "mining" a Solana token beside it to act as a wrapped privacy coin and be easily adopted by dexs and cexs for trading. Allowing the privacy coins value to increase with the token, while also allowing arbitrage traders to trade one for the other to try and keep the prices similar and allow me to collect the tiny 0.1% transfer fee. A transfer I hope will accumulate enough to apply towards the next progression if not the new novel network. I have Solana setup to take 1% of every transaction so that .5% goes to a burn Treasury, .2% to a liquidity Treasury, .2% to a development/reissuance treasury, and 0.1% as a transfer to fee to the founders Treasury. I've set up a elected governance board that will be elected by community members by block 1000 to votes on Solana token issuance, burn rate, ,Treasury yields and n whether to decrease or increase found rewards by +.15% or down to 0.05%. I have faith it be be adopted by enough miners and pools that block 1000 will be reached (120 target block times) and then the issuance of the Solana tokens will renew or increase the networks usage. I think this is a fair way to create capital for a bigger project. Everything is transparent. If the privacy coin become widely adopted, it's created to issue coins for 38 years plus a tail emission. While to Solana token is maxed out at certain supply. But this could change during governance voting. Either way I have faith in at least mild adoption on the merit of transparency, decentralization, and privacy alone. Oldschool miners are looking for a way in. XMR has become too difficult to mine solo. Perhaps Forgecoin will offer this niche group a chance to mine on RandomX again and prospect. You guys selling this an AI slop project is really demeaning. I'll agree that I didn't have the funds and man power to fully flesh out a novel and materially useful network that I set out to. But, I did my due diligence, and mathematics to ensure this project could be as succefull as possible given its limitations. I'm sorry I used AI for the coin Icon and banners. I'm sorry I used AI to summarize and extrapolate the tockenomics from my stacks of simulations and for debugging. But for someone whose only been coding for 6 years, calling my work AI slop seems a bit harsh. Especially with the amount of loveable, replit, etc apps floating around these days. But, at least you've convinced me to re band the networks webpages and desktop mining app. Feel free to join to network in the future if God forbid, monero collapses. Eveyones welcome.

No-Masterpiece2246

Fair point. But imho it's less important that piracy "won" than it is that copyright lost. Basically copyright holders get pennies on the dollar from iTunes and Spotify. They try to make up for the losses with greater volume, but the golden era of the recording industry is over. You could even argue that it died with the end of the Payola system. But there is no question Limewire put a stake in their hearts. Netflix is eating Hollywood's lunch because people don't mind that monthly fee to stream what has now become better quality content. They took over the entire business model and all of the talent followed. Young directors don't really want to make a feature film, they want to make a 10 episode Netflix series. And people watch movies in their home and not theaters now. Returning to XMR, we see it through the lens of today's regulatory environment. But the laws will change radically in the next 10 years. Dems will win in 2028 and put Liz Warren in charge of regulating crypto. XMR may go completely underground if governments try to crack down. Or it may become mainstream if they're forced to accept it. Of course there could be a crypto "Spotify", likely Coinbase or Binance. If they succeed, they'll navigate the razor's edge of legality and profit from that arbitrage.

chainglance_cm

Funny thing about the Limewire analogy is piracy didn’t really win. Spotify did. The industry stopped fighting and made the legal option so convenient most people stopped bothering with torrents. Torrents still exist, just as a niche. Privacy coins could easily go the same way. Governments don’t need to ban the tech, they just squeeze the on and off ramps. Binance already delisted XMR, and EU rules kick in next year that stop exchanges from handling privacy coins. Meanwhile stablecoins win on convenience for the average person. So XMR probably survives fine, just as the torrent of money rather than the default.

Previous_Valuable873

I disagree. BTC is extremely expensive to move, slow, sluggish and in general totally transparent. When i first bought BTC i assumed I am buying XMR featureset wise. It was back in 2013 mind you. When normies hear "crypto" I am sure they all expect monero. And then they get BTC and later on find out "holdonasecond wtf, this is bullshit" and switch to xmr.

r_a_d_

The solution is XMR or a coin with real privacy.

unaccountablemod

"Originate from a source linked to Restricted persons" *Laughs in Monero #XMR.*

borg_6s

Loading up on XMR for this reason.

SpontaneousDream

You must be new here. You'll get it, eventually, (or maybe not) Any shitcoin can be "resilient" against USD over shorter periods. Now compare XMR + its risk to tradfi, btc, or literally anything else. horrific sharpe ratio

SpontaneousDream

Aww cute cherry picking. Now go look at the all time chart. XMR/BTC is on a long term downtrend just like any other shitcoin. Thanks for playing!

ciurana

If there’s one thing for which Russians are good, it’s grey economy.  Trade in crypto only will emerge for thuinvs that won’t touch the rouble. As far as the actual trading, if you understand crypto, you use XMR as the store of value, convert to BTC or ETH for transactions.  XMRs role is anonymity, value preservation, and plausible deniability.  Trade disconnected from you happens under a pseudonymous asset. Cheers!

DM-me-naughty-Cats

Learning why crypto is Imperfectly Fungible in practice. Always thought XMR would be more popular than it is

Lopsided_Cap_6606

You would still have to send crypto to your bank account, most Russian shops don't accept BTC, let alone XMR

baacode_

Exactly. XMR neither. Not even ETH cares

Objective_Digit

You don't need XMR for censorship resistance.

Serenaded

Inb4 LTC 10x's, just been seeing a lot of boners out for LTC this year which time in the market tells me is in an accumulation phase pre bull. I think people are getting quite horny for LTC and XMR if you ask me.

cedarrapidsiaus

If you go through KYC with it buying and selling it they can. Or if an undercover pays them or gets paid by them they might have something. But by straight peer to peer on Monero they aren’t going to have anything to find Between 2 people with offline wallets. Through seeing multiple documentaries and talking to the feds in my country they cant even track people with BTC that know how to cover there tracks. Let alone XMR.

ciurana

Good luck trying to enforce it. XMR is a wonderful thing.

dailyfrillystillness

For a one or two year horizon, I'd be pretty hesitant to put the entire $25k into ETH, XMR and QNT. All three have different narratives and can experience serious drawdowns. Moon is where I approach crypto as shorter term price speculation, but with money you might need relatively soon, capital preservation deserves more attention.

foreveryoungperk

its not. thats why XMR is undervalued

ImADiene

quick question, is it allowed to use a non-custodial on-ramp like moonpay to buy something like BTC and immediatly atomic swap it to XMR? i have read conflicting info on if this is likely to earn you a ban/restrictions and finCEN issues. itd would be for a small amt of money like 2-300 USD. im in the us btw

Serenaded

I like Litecoin and it would probably be one of the cryptos I would invest in after ETH, XMR and BTC. But I'm currently not buying into any projects, just more safer and easier money to be made in stocks. So saying this, it wouldn't suprirse me in the slightest if LTC suddenly melted faces with a pump. It's extremely overlooked while being one of the most stable, oldest coins that actually achieves what it set out to do. It has all the hallmarks of something that could 20x. Still not buying into crypto though, not in this economy.

ihatearguingonline

I agree with those BTC criticisms, but if we're looking for a coin that takes BTC's best characteristics (fair launch, fixed supply, strong PoW security/decentralization), and combines them with next gen speed/scalability/low fees, then KAS is the obvious choice. LTC really is an obsolete dino coin at this stage. Zcash is similarly obsolete (XMR is still the coin of choice for the dark web), but due to its small market cap it was a good candidate for market manipulation. Small but recognizable. Claims to be fairly launched even though it has a 20% dev tax. There's a chance LTC will be artificially boosted in a similar manner, but I doubt it. It's already so big that it's much harder to give it enough momentum for escape velocity like they did with zcash.

Previous_Valuable873

Smiling in XMR

anymonero

Shouldn't there be a status page for your individual swaps? It typically says what the current status of your swap is which might help you understand why it's taking longer than usual. If you have to use an instant swap instead of a dex, I recommend trocador.app, it's a trusted instant swap aggregator with insurance. It also shows that you would have gotten a better price on CCECash than on SimpleSwap for 500 USDC->XMR.

Previous_Valuable873

XMR, as everything is a shitcoin at this point...everything

Previous_Valuable873

Nah I did not need to, while you guys have been dropping from 120k to 50, I tripled my XMR bag.

billybobbybrownbaby

Everyone here will either be a dick, try to make a little joke for some upvotes, or shill whatever coin they hold the most of. nobody here knows shit. if you want to stay in crypto and not “gamble” as you say then stick to BTC. If you still have an itch for alts then stuff that’s been around a while like ETH XRP XMR SOL etc…. but this is crypto it’s all gambling. anyone who says anything else is delusional

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MakCapital

Thorchain will be providing a on-chain swap for XMR. You can swap from something like BTC to XMR and swap back. You don't need to swap same amounts. Just like any other exchange, but Thorchain all on-chain and no KYC. Once you've swapped in you're shielded. Until this happens, Monero is vastly inferior to options like Zcash with Solana. Too hard and costly to get in and out. Monero maxis will respond with some garbage p2p marketed services that leverage centralized components, escrow, or some form of semi trust based sketchy solutions with little liquidity and no true permissionless order books. Many of these sketchy services are operated by the whales looking to escape their illicit XMR. Nothing truly solved until Monero adds complex contracts, but Thorchain will finally be the first reasonable option for your average person.

aaj094

XMR must be priming up to rise in the aftermath, no?

LaMeraVergaSinPatas

Expect a XMR pump

No-Masterpiece2246

Stablecoins are irrelevant to cryptocurrency markets. They're controlled by the same old regulated intermediaries as banking. They can be tracked, taxd, stolen, and frozen by governments. Stick with real cryptocurrencies that are mined using proof of work like BTC, BCH, SOL, etc. Or use privacy coins that are mined like XMR.

No-Masterpiece2246

Looks like the US government tricked the Iranians into accepting Tether for the Hormuz tolls. XMR is 4 steps ahead in this arms race. They won't be seizing anyone's XMR anytime soon, unless it's held on a centralized exchange.

divi2020

Is XMR where whatever is put in the account sits there, a good idea? Is there anonymous crypto today?

Aerocryptic

The XMR/OTHERS chart doesn't look particulary good either. But there's kinda reversal that started in dec 24 if we look at it with the lovers eyes

Aerocryptic

Really depends what time frame you look at. The XMR/BTC all time chart is not really bullish

aaj094

Perhaps the only coin that is truly low correlation with Bitcoin and yet has performed decently over time is XMR. Perfect for portfolio addition.

WildNight00

XMR

ArticMine

Long term holder of Monero (XMR) since 2014. My average cost in terms of Bitcoin (BTC) is less than half what what XMR/BTC is trading today. So yes my Monero holding have out performed holding Bitcoin over the same period of time. I remain very bullish long term on Monero. I see the long term fundamentals as very strong. It is not just privacy and fungibility, but also security (there is no security deficit in Monero since Monero has a fixed block reward of 0.6 XMR per block which is like stopping the halving of Bitcoin at the current 3.125 BTC per block for ever), scaling (Monero has an adaptive blocksize so it can scale to meet transaction demand) and anti spam (Monero has a cost to increase the blocksize, making large spam attacks cost prohibitive)

anon1971wtf

fiat - XMR hops / BCH CashFusion - BTC long-term - XMR hops / BCH CashFusion - fiat. Plenty of places to exchange crypto to crypto without providing anything or just with a temporary email

final_lionel

I'm tired of altcoins after years accumulating. I think ETH and SOL can outperform BTC if you want to try. XMR too but it's delisted from most CEX now. I have a big bag of LTC. I don't know what to think about LTC. For me it's undervalued

CrowComfortable8817

I am gonna tell u about projects that have utilities and are gonna work long term.DYOR 1)HyperLiquid - They are making money and using that money for BuyBack their token.Volume in billions [https://app.hyperliquid.xyz/join/MARKETDIT](https://app.hyperliquid.xyz/join/MARKETDIT) In case u wanna check it out. 2)Uniswap- A good defi for swapping also recently announced buyback and you would see their token getting up in value 3)XMR - The most private network. Token gone to 96% higher this year.

Previous_Valuable873

2 days and XMR is ahead of Doge. What a fair time to be alive.

magma_lakes

BTC + ETH (and maybe some XMR). Get some BC3 as "practice" if you're not comfortable with BTC yet: https://bc3.network

djscoox

To be honest, the whole "privacy narrative" is exaggerated in general, in fact I don't think there is a privacy narrative going on at all but people are just reverse-engineering a story from the price move to confirm their bias and keep price pumping. It's like saying "we saw something in the sky, we don't know what it is but we are just going to assume it was UFO because that's what we wish it was." With Zcash it's the same: everyone wants to believe the rally is driven by utility and grassroots mass adoption, but all I see is Winklevoss VC wank. Zcash has 2x'ed in a very short period of time, and yet it's not like people are scrambling to protect their privacy. In fact, everyone is still on Whatsapp instead of SimpleX and using fiat to pay for goods and services. If you genuinely worry about privacy right now, you are a nerd or a criminal; trading ZEC or XMR on a centralized exchange does not make you either. Shielded usage hasn't even remotely kept pace with price. If mass privacy adoption was real, I very much doubt ZEC would still be traded on centralized exchanges. Therefore, it looks like the ongoing ZEC rally is primarily speculatively, and that's perfectly fine. You can still make huge gains from ZEC, but let us stop pretending there is widespread desire for financial privacy driving price.

Ok_Lunch1400

XMR

Impressive-Fig-9532

nearly every altcoin that THIS SUBREDDIT PUMPS has ultimate dumped. Fixed it for you ALGO ADA ATOM and soon XMR any alt this sub loves is dog shit. The ones that pump that this subreddit HATES ultimately are the winners (see solana and soon to be zcash)

corpski

This sub always loves to hate the coins that pump, and loves the ones that don't make it to the top. It's always been consistent like that. The crowd here doesn't get it. The optional privacy is what makes it more appealing to the institutions. The black and white crowd are still too idealistic and can't wrap their heads around the obvious value proposition. ZEC will continue to pump and outperform XMR throughout the next cycle. I can't even buy XMR in good volume today from any reputable exchange if I wanted to. Kraken is not available in my country.

Aazimoxx

Realistically most of that (especially mixers) isn't needed at all - just get the desired amount converted to Monero by whatever means, including swap sites accessible via Tor with no account, email or anything else tied to it, then transfer between a few dummy Monero wallets through new Tor connections, then parceled to a bunch of different Monero addresses within the same wallet for convenience. So you've got say 15-50 XMR in each address, then you can feel free to use whatever cashout option works for you, which still doesn't put your ID on-chain anywhere.

Horror_Pitch_63

He could have just let them sit and slow exchange them for XMR. Cash out as needed Also, how did an old wallet get mixed with a new one? Besides exchanges, how do people connect a name to a wallet? So many questions, especially with that amount of money. I'd be so cautious about every transaction I made with crypto

JarJardid9-11

mad respect to the XMR army for holding the PoW line, but if we want private cash that doesn't need a mining farm to scale or botnets to run, pure PoS with native zk-snarks is the actual endgame. let the suits keep their corporate coins, go spin up a node.

No-Masterpiece2246

There is value if you look closely. Learn the real strengths of cryptocurrency as Satoshi designed it. Uncensorable money with no intermediary is a powerful tool. Slowly as the fiat system crumbles this will become more apparent. Therefore a good investment opportunity. Privacy tech like XMR will also blow up soon.

Due_Bar_7247

Good news for XMR

Previous_Valuable873

Now go check XMR in the last 2 years how it's tripled against BTC

absinthiumxmr

Litecoin is fucking miserable. Look up the security incidents MWEB has caused in the last year, someone drained nearly 85k ltc from it (at which point corpo miners had to coordinate to functionally freeze the individuals transactions and eventually force them to return it). Zcash also had an inflation bug in their private pool. With my luck someone is going to drain all of XMR with an inflation bug and I'll look back on this comment going "dude you are a moron". But genuinely, other "privacy coins" do not know what the fuck they are doing and add these layers usually just to have new marketing material, without having any actual usage on them.

PeteyPab305

That's is exactly why I don't buy it though, It offers essentially no special utility, it solves not problem, and has never really peaked my interest, XMR has some unique traits - ASIC resistance etc.. ZEC has a great wallet, and both unshielded and shielded TX's and both have a semi decent exchange presence. ZEC is especially intriguing being that is it fixed. LTC doesn't solve an obvious problem to me.

JarJardid9-11

Securing a multi-billion dollar financial network on 'love' and 'charity' is a catastrophic security model. Nakamoto consensus relies entirely on economic incentives. If honest miners are operating at a financial loss, they eventually unplug. You know who never unplugs? Botnets. Because RandomX is CPU-optimized, a massive portion of XMR's hash rate historically comes from malware hijacking unsuspecting people's computers. It's 'profitable' for them because they are stealing the electricity. That isn't love, it's a parasitic consensus model. I'll take a mathematically verifiable PoS network where economic incentives are properly aligned over a chain secured by stolen CPU cycles.

QuaternionsRoll

\>Technically you can trace it with reasonable sureness, if you have that metainformation that it came from an ETH swap This is exactly my point. They didn’t *just* give the Z->Z txid, but also the knowledge that a T->Z transaction immediately preceded it. This is more-or-less equivalent to giving a Monero txid along with the knowledge that an ETH->XMR swap immediately preceded it. In both cases, privacy was not compromised by the ability to perform a public transaction, but rather by information connecting the public transaction to the private one. Simply executing T->Z transactions as soon as you receive funds to a t-address (rather than just before you want to send them from a z-address) is sufficient to eliminate this concern, just as swapping ETH for XMR as soon as you receive ETH (rather than just before you want to send XMR) does.

anymonero

No, that comparison is wrong. The ETH-XMR swap is public, yes. But when I donate my freshly acquired XMR and give you the txid, you couldn't determine my ETH address from it (which is what happened to the Twitter user) Caveat: Technically you can trace it with reasonable sureness, if you have that metainformation that it came from an ETH swap, but that is due to ring signatures and an implementation detail of Monero, and not due to not having transparent addresses which we're discussing. It's actually an argument AGAINST transparency and a reason why you should use Monero-only. It's why I recommend & use Monero, and nothing else. And once the next hard fork launches, I can finally stop adding that caveat whenever I mention Monero's privacy guarantees.

NeonMaxi

All currency is non-KYC and therefore attractive to criminals. Your conflating currency with remittance systems because crypto is both in one. The remittance is most crypto is done using public distributed ledger, that is not a smart or good way to transact if your doing illicit activities. Some shielded ledgers like Monaro XMR are better suited to this activity but that’s not your point is it ?

JoJopama

Exactly. If you want a optional privacy coin that has longevity, cheap transactions, and had no premine; go with #LTC. The founder bought his own coin and later sold what he bought to not be accused of it being centralized. LTC has been operational for fifteen years. I’ve personally been using it since 2016 without a single problem. If you want a non-optional privacy coin get #XMR by swapping for it with #LTC or #BTC. 

Temporary-Cause730

And the weirdest thing is that you can actually love both! These Monero shills think that you can only have one coin in your portfolio, it's so bizarre. I have a lot of ZEC, but I also have XMR, because I believe the privacy narrative will be profitable in the next few months/years. I also have BTC, HYPE, ETH and SOL, four different L1s.

MrArtless

you are getting to the core of the difference which is that zec and xmr were designed for different purposes. The vision for zec was bitcoin with optional privacy to fullfill Satoshi’s original goal. XMR was supposed to be darkweb spending money. You dont want your darkweb spending money to accidentally be sent unshielded. Both projects are cool and cypherpunk but it’s always the xmr people who bash zec not the other way around

CyanDew

interesting. but what’s the comparison between ZEC and XMR?

Kecsk1

There is XMR and the other ponzi schemes

Crypto-Bets

🤡 ZEC has no actual infrastructure, it doesn’t have thousands of payment rails like LTC/XMR/BTC DarkFi has already chosen LTC & XMR. They’re never abandoning the legacy payment rail in exchange for ZEC. ZEC is going to remain speculative, it’s never going to be used for DarkFi & it will never be used as a mixer.

CONSOLE_LOAD_LETTER

I agree with the first part of your post, but I'll do you one better... Instead of using centralized exchanges, learn how to mine XMR with your CPU or XCH with your hard drives or something else with equipment you already have and use that as a bridge into the world of actual decentralized crypto. Crypto will never really take off until people start earnestly trying to understand and use it instead of just treating it like a purely speculative vehicle. If you have a desktop computer for example you can mine on equipment you already have, and the electricity cost is basically like a small monthly DCA. Keep stakes low, and learn how to actually participate in decentralization instead of just paying some centralized corporation to keep your keys and act as bank 2.0. If they start with centralized exchanges, so many people just never even think about why they need their own wallets or what decentralization even is.

lessgo321

Monero is growing organically and zcash is being manipulated more. XMR wins long term

No-Masterpiece2246

But on the flipside, the global monetary order is being disrupted as we speak. Fiat electronic currencies are in a crisis, and trust in banking is at lows. Central banks print like wildfire and inflation is running away. That's why gold is almost $5k/oz still. Crypto may be overvalued, but every day it gains more users. This increases network effect, which increases the utility of crypto. Mainstream acceptance also creates more trust. Each time governments and the bankers convulse and try to limit crypto adoption, they create more pain for normal people who just want to make money and life comfortably spending what they've earned. Ramping up all of these identity features to banking is making it worse and worse to use. Who wants to do biometrics and have their face scanned every time they buy something? It's idiotic. But this is their vision which is being enacted in China, EU, and USA. Crypto represents and alternative. Bitcoin BTC is probably capped out at $100k since Wall Street is now speculating on it and more or less controlling the price. When they profit they lessen opportunity for other investors and hamper the coin from having more organic growth. That's why other coins like SOL, ETH, XMR and BCH are running.

No-Masterpiece2246

Why even use any Layer 2 tech? Just use any blockchain validated via proof of work. BCH, XMR, DOGE, LTC, etc all work fine and their fees don't go to the moon. Same thing with ERC20 tokens (similar to Layer 2s), they're 99% shitcoins. Just use native ETH or ETC.

fffatalfame9

Narrative. ZEC = BTC with privacy option and same max supply cap. XMR = crime coin with no supply cap. This is one explanation for the different price trajectories, at least.

automotive420

LTC suffered the same fate, if not worse, than XMR. only available on a few major exchanges

5khan1

Agreed everyone  stick to XMR. 

b1mm3rl1f3

Sure, but the market will reprice the importance of privacy coins. XMR has more comprehensive privacy by default mechanics vs zcash. They're both 5 digit coins

gamesbrainiac

XMR is private. Extremely so. You don't know the sender, the receiver or the amount. ZCash is not like that. Monero has been around for a while and is battle-tested. ZCash seems to be something that people are pumping quite a bit. Whenever you see institutional investors put a lot of money into something, be skeptical. Monero is very community driven and has been for more than a decade now.

tenor_tymir

I‘m a born EU citizen with proven residence in a wealthy EU country. XMR doesn’t even show up when I search for it in the app. Zcash is showing up though.

Flashy-Potatoe-Queen

Technically, there are only 3 solid currencies to hold long term, BTC, XMR and KAS.  For the rest you need to be very up-to-date in order to avoid being rugged by the cryptocompany that is in control. Do not click any links people will DM you, their are 100% of the time scammers. Even the friendly ones that haven't sent a link yet, some play the long game. 

monerobull

It's been half a decade and I'm sitting pretty in XMR

Cryptocaller

Saying “Don’t buy this, buy that” is shilling. It’s taking a position and promoting it, while simultaneously also taking an opposing position hating on something else, typically the “competition”. That’s you. XMR = 👍 ZEC = 👎

CertiBud

XMR Simple, innit ?

sadpanda03

At least it has many ASIC manufacturers. The Monero network is literally controlled and completely taken over by Bitmain and their X5/X9 ASICs, and the XMR devs and community don’t seem to care.

sadpanda03

At least it has many ASIC manufacturers. The Monero network is literally controlled and completely taken over by Bitmain and their X5/X9 ASICs, and the XMR devs and community don’t seem to care.

sadpanda03

At least it has many ASIC manufacturers. The Monero network is literally controlled and completely taken over by Bitmain and their X5/X9 ASICs, and the XMR devs and community don’t seem to care.

xcom1995

It's not what I'm holding. I'm very high risk. But if someone asked me for advice, I'd recommend the following: BTC, ETH, XMR, DOGE

Toody4

Useful to swap your bags to XMR if you actually care about privacy

Aerocryptic

Typical angry bag holder reaction. Have you ever used a dark market anon? Are they using XMR or Zec?

NovastaKai

I thought the same untill i set bars and learned most of the cryptos since 2016. I have since done a few rebounds with zcash and its a pretty solid hitter so you so you but It's aight. Like monero(XMR) similarly.

Flashy-Potatoe-Queen

Something has either a fixed supply or it is deflationary..  It can't be both...  Also, the only successful coin today has a fixed supply. It's called Bitcoin.  Everything else is a bunch of scamming VC cryptocompanies and in some rare cases ; an attempt at innovation (like XMR and KAS). If gold is a failure, fiat currencies are a cancer. People mostly don't invest to make money, it's protect themselves from getting slowly rugpulled by their local central banks. You need to take a lesson in economics before giving advice... 

xmrcache

ZEC is just a pump and dump coin, XMR Is at least stable and has real world use case.

Nub19

XMR tech is infinitely better

the_rodent_incident

Monero/XMR. All in.

jackrazorr

Could someone please explain to me like I’m retarded why Zcash and the technology backing it is even remotely as solid as XMR?