π² Insider Information in my Socials π
π 20% Binance Low cost π
π βMaintain Calmβ Shirt π
π₯ TOP Crypto TIPS In My Publication π
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πΊ Monero Tech Vid π
πΊ Prime Coin Picks π
πΊ Bitcoin Valuation π
πΊ 21 Million Reached π
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– TIMESTAMPS –
0:00 Intro
2:17 Monero Overview
5:34 Medium of Trade
8:49 Exchanges & Regulators
12:20 Safety
14:55 XMR Value Evaluation
17:32 Monero Misconceptions
20:45 Conclusion
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βοΈ π Helpful Hyperlinks π βοΈ
βΊ Retailers Accepting Monero:
βΊ Triptych Replace:
βΊ RandomX For Monero:
βΊ The way to Mine Monero:
βΊ Monero Inventory-to-Circulate:
βΊ Bulletproofs:
βΊ Monero Transaction Charges:
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π Monero Background π
Blockchains like Monero & Ethereum are public which signifies that anybody can see what you might be spending your crypto on. They don’t seem to be fungible.
Nevertheless, Monero is totally fungible. They’re able to obtain this with some leading edge tech. Via using what are referred to as “Stealth Addresses”, customers are in a position to generate a singular Monero public deal with and obtain inward transactions.
Monero additionally has what are referred to as ‘Ring signatures’. This can be a mechanism the place a transaction is signed with a group of different potential signers.
π³ Medium of Trade π³
Monero is less expensive to ship than each Bitcoin & Ethereum. That is due to an improve to the tech referred to as “bullet proofs”. These made the transactoins not solely lighter but additionally less expensive and quicker.
Maybe because of this Monero is more and more being accepted as a technique of funds at quite a lot of retailers.
All of this adoption of Monero as a medium of alternate has meant that whole transactions on the Monero community are close to all time highs. It is worth from a “utility” perspective is commonly not thought-about.
π€ Trade Threat? π€
Monero is privateness coin enemy primary in relation to regulators & businesses. They’re funding quite a few blockchain auditing companies with a purpose to develop know-how to trace it.
Monero builders usually are not sleeping on the wheel both. They’re engaged on an replace to the Ring Signatures scheme that they presently use. It is referred to as Triptych.
Monero can also be not a safety as in comparison with quite a lot of different cash. It has the bottom score in relation to having the ability to be a safety.
There are a variety of exchanges which have been delisting Monero out of fears that regulators may finally clamp down on their buying and selling of it.
Nevertheless, with the potential launch of Atomic swaps, Monero may bypass the necessity for exchanges solely. Customers may swap Monero & Bitcoin cross chain.
π Community Safety π
Monero has at all times been preventing towards ASIC chips and mining centralisation. These are the {hardware} that threaten the present state of the blockchain.
Monero utterly neutered this menace with their launch of the RandomX mining algorithm. That is closely reliant on CPU mining which signifies that it decreases mining centralisation.
Because the implementation of RandomX, hash fee has been climbing whereas the variety of miners on the community has additionally been doing so. This all factors to Monero profitable the battle towards these ASIC miners.
π€ Value Potential π€
XMR remains to be 54% off of its all time excessive. Take be aware that Bitcoin is over 3x its all time excessive & ETH is 30% over its all time excessive.
This actually does shock me. Monero’s tech has improved by leaps and bounds since 2017 and but it seems to be extra undervalued than most different cash.
Monero can also be approach under its worth primarily based on what it could be in response to the famed inventory to stream mannequin. This has been fairly profitable at predicting the Bitcoin value and it may subsequently level to the truth that Monero is severly undervalued.
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π Disclaimer π
The knowledge contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who isn’t a licensed monetary advisor or registered funding advisor. Buying and selling Foreign exchange, cryptocurrencies and CFDs poses appreciable threat of loss. The speaker doesn’t assure any explicit end result.
#Monero #XMR #Privateness #crypto #Bitcoin #nameless #P2P #stealth
Source: Coin Bureau
33 Responses
Hope you guys are liking the vid. Call me jaded, but I am a bit of a privacy hawk. I really do encourage you folks to learn more about Monero – it's such an advanced protocol. If you guys want to keep up to date with my market moves, behind the scenes and other juicy content – you can follow me in my socials π https://guy.coinbureau.com/socials/
THE RICH STAY RICH BY SPENDING LIKE THE POOR AND INVESTING WITHOUT STOPPING THEN THE POOR STAY POOR BY SPENDING LIKE THE RICH YET NOT INVESTING LIKE THE RICH.
xmr xmr it feels like your wearing a bra it feels comfy and makes you feel so secure go ahead and buy some x m rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr.
Yes
Pirate chain!
BTC and XMR are the only two tokens I need
It's interesting tech. Thinking about those who don't use crypto yet but value privacy, it will probably have value.
Monero is rumoured to be created by satoshi himself
Monero just works like no other
PIRATE Chain is better: Every 10 min all the transactions on P-Chain gets notorized by komodo, then Bitcoin!! Its the most secured & Private Crypto ever..
arnt the fees a percentage of the transaction? i just sold some bitcoin and the fee was about Β£1, it is high i want to sell my XMR but i cant find a website that wants it with the fact i need to send them my passport, witch i dont have i only have a drivers license
Monero FTW Revolution
Monero is the real bitcoin. Problem is regulators are banning exchanges from being able to exchange for it.
Thanks for more info. I'm now at the point of buying more XMR mining power. And I want to be like that person, who mined or bought one Bitcoin in 2013 that still is holding watching how Bitcoin grow to few millions dollars. That's very inspirational.
Boys please do you know how to open Monero classic wallet on Bainance please?
Where can you buy Monero in the US?
"They will shut down your account quicker than you can say satoshi" πππππππππ
Maybe if people have to start paying reparations tax ,then they'll care about privacy. It's not a new idea. There is nothing new under the sun.
Please make video on haven protocol. It's based on monero.
The only good digital currency is private digital currency. Otherwise cash is king!
Stop snitching
Monero is the only true decentralized coin
Hi, wondering if you are willing to send me 0.1monreo cent, I just made a setup for mining, just want to see I did it right.
Thanks.
Please don't laugh lol
BTW you're overpaying 10X if you're paying 5cent per tx. You can actually transact with under 0.5cents on the chain just as quickly as higher fee tx option.
Monero crashed by 50% shortly after this clown posted this video.
McAffee said that bitcoin would be worthless compared to Moreno eventually. Let's hope he was right!
Can Monero scale?
Is it a good idea to keep the majority in BTC like gold and then when you use it swap BTC to monero before you need it?
"…it's also an unexplored crypto sector"
How is it unexplored if Monero (and many dozens of other privacy coins, dating to 2011), um, explored it?
Monero was always my favorit.
Bc it is (if you do it right) very difficult to track back. Almost impossible so long as you are not a victim of trojans/spyware/MITM Attacks.
If you trade Monero for btc, is it traceable?
Thanks. I am all in on this coin. Something about it feels really good. It will be had to spend any of it however.
Monero DASH and Zec are my faves but I think Monero is by far the best coin overall.
With an accent like that, how can I not believe him?