Monero (XMR) – What do you think?

PrimeCove

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Hello,

Recently, the importance of digital privacy has been increasing, and privacy‑focused crypto assets like Monero (XMR) are under intense regulatory pressure.
Do you think XMR will face heavy sanctions in the future, or will the demand for privacy enable it to withstand this pressure?
 
Hello,

Recently, the importance of digital privacy has been increasing, and privacy‑focused crypto assets like Monero (XMR) are under intense regulatory pressure.
Do you think XMR will face heavy sanctions in the future, or will the demand for privacy enable it to withstand this pressure?
It has underperformed. But consistent 10-20% cagr is possible for 5-10 years investment.
 
It has underperformed. But consistent 10-20% cagr is possible for 5-10 years investment.

In fact, for more than 70% of XMR users, the price doesn’t matter. There are also those who consider it irrelevant because their goal is to conceal transactions.
 
In fact, for more than 70% of XMR users, the price doesn’t matter. There are also those who consider it irrelevant because their goal is to conceal transactions.
That means price growth is not going to happen as with other coins.
 
I am surprised that Monero is less popular than I would expect.
Especially one of the reasons why crypto became popular- anonymous transactions.
Monero has it.
I am ready to use it, but seems nobody around me don't use it
 
Monero is still used by "onion" marketplaces as the primary payment method. However, I don't see people using it as much as BTC, ETH, or other coins.
 
I am surprised that Monero is less popular than I would expect.
Especially one of the reasons why crypto became popular- anonymous transactions.
Monero has it.
I am ready to use it, but seems nobody around me don't use it
Monero is still used by "onion" marketplaces as the primary payment method. However, I don't see people using it as much as BTC, ETH, or other coins.

I absolutely agree. However;

In fact, privacy is a serious responsibility from the user’s perspective. Especially when using Feather Wallet, it is necessary to receive payments to each unique Monero address and to make node connections over Tor, preferably through a .onion address, while confirming these transactions on the network. Using XMR naturally brings this responsibility along with it.

Exchanges or third party wallets like MyMonero can share your IP address and possible DNS leaks while scanning incoming payments. This is an advanced topic; however, to protect privacy, it is very important that not only the receiving party but also the sender who engages in heavy trading shows the same level of care.

In addition, these wallets can be monitored by law enforcement, including through Telegram, and it can be determined who they belong to. If high level privacy is already the goal, it is not about being paranoid; it is about acting smart and carefully. Therefore, encrypting XMR wallet payment and receiving addresses with AES and sharing a private key so that the other party can view the wallet address is another way to avoid scans.

We have gone into a very deep topic. After all, this is not the “deep web” :) :)
 
I absolutely agree. However;

In fact, privacy is a serious responsibility from the user’s perspective. Especially when using Feather Wallet, it is necessary to receive payments to each unique Monero address and to make node connections over Tor, preferably through a .onion address, while confirming these transactions on the network. Using XMR naturally brings this responsibility along with it.

Exchanges or third party wallets like MyMonero can share your IP address and possible DNS leaks while scanning incoming payments. This is an advanced topic; however, to protect privacy, it is very important that not only the receiving party but also the sender who engages in heavy trading shows the same level of care.

In addition, these wallets can be monitored by law enforcement, including through Telegram, and it can be determined who they belong to. If high level privacy is already the goal, it is not about being paranoid; it is about acting smart and carefully. Therefore, encrypting XMR wallet payment and receiving addresses with AES and sharing a private key so that the other party can view the wallet address is another way to avoid scans.

We have gone into a very deep topic. After all, this is not the “deep web” :) :)
Wait, what's wrong with MyMonero wallet?
 
Edit
 
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It won't face sanctions because the guys who could impose sanctions, are the same guys who are using XMR to stay private and fly under the radar of their own authorities
 
It was performing pretty well in recent shitstorm. And certain exchanges’ greedy and stupid market makers don’t control it anymore, meanwhile, btc and eth have become speculative dildo toys for these cocksuckers.
 
XMR doesn't have the hype like the others. Most amateurs are chasing trending coins and next big thing. XMR has never been the next big thing and it'll never be. So, I don't expect a surge in its value. It could slowly grow but the profits are not the reason why people buy it.
 
Wha...? Why? What a scam.
If you are not using Tor with Feather wallet, you are not considered private. There is also an etiquette to using XMR.
XMR doesn't have the hype like the others. Most amateurs are chasing trending coins and next big thing. XMR has never been the next big thing and it'll never be. So, I don't expect a surge in its value. It could slowly grow but the profits are not the reason why people buy it.
Even if XMR is at $0.0001, as long as the purpose is privacy, its price does not matter.

True.
 
Pretty much one of the few actual coins/crypto’s that’s doing exactly what it’s supposed to do, provide a way to send funds anonymously. I think majority of users don’t really go into XMR for a ROI.
 
Even if they ban it on exchanges, P2P and DEX trading will keep XMR alive.
 
Hello,

Recently, the importance of digital privacy has been increasing, and privacy‑focused crypto assets like Monero (XMR) are under intense regulatory pressure.
Do you think XMR will face heavy sanctions in the future, or will the demand for privacy enable it to withstand this pressure?
Unfortunately they already face big sanctions. I guess it’s why they are not listed on Binance no ?
 
Hello,

Recently, the importance of digital privacy has been increasing, and privacy‑focused crypto assets like Monero (XMR) are under intense regulatory pressure.
Do you think XMR will face heavy sanctions in the future, or will the demand for privacy enable it to withstand this pressure?
its still going strong and the only way they can win against monero is if they ban all crypto swaps in the world with xmr and that wont happen so monero will always live on.
 
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