Monero

Does anyone actively invest in monero? I've been seeing an insane growth over the past few days. And it seems like no one really talks about it that much. Is it worth investing?

Its cause of bithumb adding Monero. Which is a well known korean exchange.

Originally Posted by Digital

Does anyone actively invest in monero? I've been seeing an insane growth over the past few days. And it seems like no one really talks about it that much. Is it worth investing?

Monero train is over. Bitcoin cash train is aboard. It will immensely spike by the end of the year. Coinbase and blockchain.info are adding support.

Originally Posted by Allura

Monero train is over. Bitcoin cash train is aboard. It will immensely spike by the end of the year. Coinbase and blockchain.info are adding support.

You meant bitcoin is gonna immensely spike by the end of the year?

Originally Posted by LilDurk

You meant bitcoin is gonna immensely spike by the end of the year?

Not? Bitcoin cash. Bitcoin developers are stubborn and aren't increasing the block size. The difficulty to mine a block is very high and miners might start mining over currencies. Essentially bitcoin has no room to grow

Originally Posted by Allura

So you're saying, that if miners begin to leave bitcoin, that it will completely fail? What do you think the probability of that happening is?

Originally Posted by Patagucci

So you're saying, that if miners begin to leave bitcoin, that it will completely fail? What do you think the probability of that happening is?

Yes. Currently bitcoin's difficulty is very high and it's becoming less and less profitable. The chances of this happening is like 50-50 but it will be like a 1-2 year process. Won't happen instantly. The future is in bitcoin cash and eth as of right now. Segwit (aimed to solve this) which happened a couple days ago but fees are still high

Originally Posted by Allura

Realistically the future is in neither BCH or BTC as they both are pretty shit compared to alt coin alternatives

Originally Posted by Football6

Realistically the future is in neither BCH or BTC as they both are pretty shit compared to alt coin alternatives

Time will tell. BCH is too new to tell. I personally believe in it. Of course ETH is probably the best coin right now, but didn't ETH have years to develop? It has a tonne of support. BCH is still in the gaining support stage (which it's doing great since coinbase and blockchain.info are adding support). They wouldn't add support if they thought it was a shit coin

Originally Posted by Allura

Bitcoin is big because it was the original cryptocurrency, and its a gateway, however its pretty shit as a currency. BCH is slightly better than BTC, at least until segwit is implemented, but still pretty shit. It has no real advantage going for it. Monero is private, IOTA is quick and low fees, Ethereum offers a platform on which you can base currencies, bitcoin is the original and the most mainstream. What does BCH bring to the table that warrants support

Originally Posted by Allura

It's only becoming less profitable for everyday people that don't want to spend $100,000+ on ASIC miners. You have to understand, that the reason why bitcoin's fees are so high right now is because of miners. Miners want more profit, so they switched to bitcoincash, hoping that people would jump onto the bitcoincash altcoin because of lower fees. However, this has not happened, and they try to continue to do it. Once miners realize that bcash is a gimmick, bitcoin will have already implemented lightning.

btc is gonna spike pretty soon watch out

i'm actually mining monero

Monero

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