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Messages - Avikz

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The way Bitcoin has become the 16th largest currency in the world is really surprising. Bitcoin's popularity is not only growing, but the price has gone up a lot. There have been many comments about Bitcoin but no one's comment has been correct. So time can really tell how far Bitcoin will go.

Nope! The rise of bitcoin is not at all surprising! It was well envisaged! And if you think that 40k is the limit for bitcoin, then I would request you to wash your face with a sprinkle of cold water and rub your eyes to look at the endless possibilities that Bitcoin has come up with. Bitcoin is still a very underrated currency and majority of the world population have not yet heard the name of bitcoin and we have just started seeing institutional adoption.

Imagine if this institutional adoption continues as well as individual adoption grows at the current pace, where bitcoin will reach in next 5 years! Sky is the limit!

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Monero Forum / Re: Why Monero(XMR) is so popular
« on: January 11, 2021, 05:56:58 PM »
I don't know much about Monero.I want to know about it.
Why is it so popular specially among miners?
And what is main concept of this project and it's use cases?

I personally believe there are 2 reasons behind the popularity of Monero,

1. Anonymous in nature - Monero is a privacy coin so it is untraceable unlike bitcoin! So whoever is more concerned about privacy, Monero is their ideal choice!

2. CPU only mining - Monero is a CPU mining coin. So you wouldn't need expensive mining rigs to mine it. The Random-x algorithm is specifically made for CPU mining. That's what I believe is the major reason for its popularity.

Hope that helps!

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