What is Monero?
Monero is an open source cryptocurrency focused towards being MORE private than Bitcoin.
Users of the are moving into Monero because of it's privacy.
It is based on the CryptoNote, which is a different type of protocol than Bitcoin.
All transactions are untraceable, and unable to be linked to the user. So nobody is able to look at the blockchain and track your transactions.
Users of the "darkweb" are finding this a better alternative to Bitcoin because of the privacy benefits.
Monero price is increasing quickly!
The currenty price of Monero is over $8 and it seems to still be on the rise!
Obviously Bitcoin is still the most widely accepted cryptocurrency for the moment, but I do think that Monero is definately a competitor for second or third!
Monero is on fire right now! So nice to see (since I hold some).
:D
let's buy coin monero as much as possible, the benefits waiting for you :D
Monero had a big party... retrace is going on. Will be back in action tomorrow
Can't Wait To See
I want to buy coin monero hopefully can benefit. thanks for this information is very useful
Monero is an interesting project but I make a point to never buy a coin rapidly increasing in value.
Crypto has been used for dark web and ileagal purposes since the very beggining, so far BTC had the lead but I could easyly see Monero taking that lead for those purposes, which represent a good percentage of crypto market cap.
Very interessing. But I want to know something.
We know that steem has the social network steemit
Ether has "smart" contract"
Dogecoin has a very secure system
Etc.
What is the particularity of this cryptomonney in comparaison to the other?
i hope we can see xmr > btc this year :D
my trading strategy @ monero work like a charm look at
https://steemit.com/bitcoin/@swalayan/my-trading-strategy-is-work-and-making-me-rich-today
It got to over $10, and is sitting at $9.50 as I write this. It's a move driven by massive buying. Bitcoin saw this in several stages, leading to spikes, then retracements, levelling out, and next spike. I believe Monero has a big future, so glad to have gotten some before this spike (wish it was more though!).
what is your price estimate by December 2016?
There is a statement that by 2016 XMR will have a billion market cap, what do you think about it?
Never been any good at timing the market. Most people aren't. Do I think it has the potential to reach that level? Yes I do. When will this occur? I do not know. If you believe in it then by the dips, and don't let them freak you out.
Looking at the data, the price would need to rise 10X from current price ($8.25) for Monero to have a market cap of $1B. I personally would give that a couple of years, but again it's just an estimate.
if I have xmr were do I store it?
mymonero.com is one option.