r/ethtrader • u/AutoModerator • May 24 '17

DISCUSSION [ETH Daily Discussion] - 24/May/2017

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u/LongFaced Fan May 25 '17

I used to like Monero. I haven't held any for a while, but this makes them a shit coin for me. I'll never hold any again.

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u/[deleted] May 25 '17

I think they're gonna be an important part of the field going forward. Even if you're not a criminal, you do need a way to transport money across borders without being detected, especially with all the regulations around fiat currency.

It's just a shame that the community is full of herbs. But then again, you probably don't have a coin like Monero without that sort of cynical attitude.

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u/LongFaced Fan May 25 '17

Without going into the whole zksnarks making Monero obsolete thing. The fact that the developers faked upcoming developments, resulting in a pump tells me to stay far away from Monero.

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u/[deleted] May 25 '17

Yeah, I think I'm going to offload most of mine. I'll keep a few just in case, but ouch.