Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Privacy Coins Forum => Monero Forum => Topic started by: riponsumo on June 18, 2018, 11:20:52 AM
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The Bottom Line
The privacy-rich attributes have helped monero become the 13th largest cryptocurrency in the world based on its market capitalization as of February 2018, according to CoinMarketCap. One can trade in monero on leading cryptocurrency exchanges like Kraken, Poloniex, and Bitfinex. However, its privacy features have also led to questions about its use in illegal activities. (See also, The 6 Most Important Cryptocurrencies Other Than Bitcoin.)
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Investing in cryptocurrencies and other Initial Coin Offerings ("ICOs") is highly risky and speculative, and this article is not a recommendation by Investopedia or the writer to invest in cryptocurrencies or other ICOs. Since each individual's situation is unique, a qualified professional should always be consulted before making any financial decisions. Investopedia makes no representations or warranties as to the accuracy or timeliness of the information contained herein.
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We can not avoid that strength of monero to be use by illegality since its design is a perfect for their needs.
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The illegality is not impossible to be abolish in crypto world because everyone can invest in here due to its decentralized system, the chance to earn big, and everyone is anonymous. This is actually a perfect tool for the bad guys.
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People would always their free will in the world of crypto and it has become very difficult to eliminate all forms of negativity or illegality b from the world of cryptocurrencies.
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The basic concept in MONERO's development is privacy.
No matter how strong MONERO is to run in business, still MONERO is still constrained by privacy.
Business is needed for real and not privacy (OP provides more reasons for MONERO).
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really true of what you say, that I really enjoy it all and I think it is very good, and going forward will bring very good progress.
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What you mean is the need for transactions in DeepWeb, right?
As far as I know, Monero is used like that and it is common in dark world transactions on the internet.
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it's true that monero is also widely traded in many markets, and I think monero is one of the important coins, and I believe that monero will grow even more.
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The lowest line of Monero in Coinmarketcap is 0.26 USD and this is a figure in 2015, around 4 years ago.
Look at price here : http://prntscr.com/o9e5fr
Do we remember the past year?
This is 2019 and this is the time to continue monitoring Monero on the market or if you have better money at HODL.