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Best Privacy Coin

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I think the best privacy coin is Monero, but in the market there are more privacy coin. so to be the top in the privacy coin then it should its privacy term very much.

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49 minutes ago, Ramz99737 said:

I think the best privacy coin is Monero, but in the market there are more privacy coin. so to be the top in the privacy coin then it should its privacy term very much.

No offense but i have no idea why you guys thinks that the oldest coins re the best, while been old itself means they are outdated.. like how many people thinks that bitcoin is the best coin over all others. Monero is the oldest privacy coin if not the first even, but it is not the best privacy coin and it is even in the risk of been cracked as many people are targeting to crack it, there are even bounties on cracking monero.

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I think that zec currency will have a very big future thanks to this feature, which allows hiding information and the inability to track the sender and it is similar to Bitcoin In addition to its privacy, and this is what I see gives it more strength and that is why I keep it.

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I think that for issues of commissions and legal security, I would opt for Zec (Zcash) and DASH, they fulfill the purpose of having totally private transactions and also an acceptable speed, another option could be any shitcoin, since nobody would expect  move 1 million of dollars in , what do I know, Nano? Doge? or even USDT using mixers.

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On 9/28/2019 at 11:16 AM, Consignee said:

Most say Monero is the best privacy coin but a group of researchers have shared flaws in the monero codebase already. On the other hand, if we check other privacy coin like as dash, verge, ONION etc, they are also not that much effective than Monero.

However, each of the coins are being developed. ONION has recently tested their first DeepSend transaction and has offered reward to find out the sender as well. What do you think? Will Monero remain in top or any other coin will be leading in the coming future?

How could those coins to be mentioned as the privacy coins while those coins are used publicly by many people but the issue of privacy is your wallet that you used to store coins.

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We know a lot about privacy coins.  BTC, Monroe, zcash, zcoin, grin.  However, these coins are good and expensive coins.  These coins are popular in the market.  However, out of these coins, BTC will lead all the coins.  Because BTC is the king of all coins and expensive currency.  So I will give Bitcoin the highest value.

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On 12/7/2020 at 2:20 PM, Teminali69 said:

No offense but i have no idea why you guys thinks that the oldest coins re the best, while been old itself means they are outdated.. like how many people thinks that bitcoin is the best coin over all others. Monero is the oldest privacy coin if not the first even, but it is not the best privacy coin and it is even in the risk of been cracked as many people are targeting to crack it, there are even bounties on cracking monero.

You are absolutely right, monero as it has become so popular and it is one of the oldest coins, there is bigger risk for it been targeted, so it is even better to stay away from such a coin which attracts too much attention.

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Monera is my favorite privacy  coins there are some new projects on this area that I think representative of the new generation of privacy coins and come to fill the lake i was amazed how to on talk beam then best project scene and interview with team and my dropped .

Grin and vil is also very good project  

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As a privacy coin, monero will always come first, because monero is a privacy coin that is well known for its ability to maintain privacy. Building trust in the crypto world is quite difficult, so if there are any new privacy coins, Monero will still be the best because trust in monero is very high.

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Dash was found to have little privacy and perhaps protect nothing, verge was all about hype and since it was 51% attacked it didn't make it again. I never heard of onion, except the part of the onion addresses in tor, but this is different. Many privacy coins use tor to create a sense of privacy but each one needs to be researched as many backdoors could exist.

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I've read a lot about Monero lately. First it was banned in Korea by the South Korean government and secondly there is some attempt to decrypt this coin and the way it hides the transactions. It seems that it is highly anonymous and gives absolute privacy to the user as right now there is no way of finding the link between sender and receiver, although there are some highly skilled people under the USA government payment trying to crack the code and find the missing pieces in this. 

I wonder if the encryption of Monero is broken one day, will this mean that all transactions until that time will be visible and could be traced to the owner and perhaps the name in an exchange and bank account.

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On 12/25/2020 at 5:51 AM, 3M1nv said:

It is heard a lot that Grin, is a very stable cryptocurrency, in reality, it has not had the good fortune to invest in it, I will find out more about this currency but so far I prefer much more BTC.

But bitcoin is not a privacy coin, I do not know much about Grin coin you talk about, but in short privacy coin is a coin that is completely private and more secure they follow their own protocol.

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I think Monero will continue at the top, actually the currency is very good, among the special characteristics that Monero has is that the identity of the Monero owners is totally private, it even prioritizes privacy and de-centralization, it is widely used by great number of users, very reliable, for my part I prefer Monero and Dash.

I think Monero will continue at the top, actually the currency is very good, among the special characteristics that Monero has is that the identity of the Monero owners is totally private, it even prioritizes privacy and de-centralization, it is widely used by great number of users, very reliable, for my part I prefer Monero and Dash.

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Do you know which is the best anonymous cryptocurrency? any shitcoin they find ... since most of them are operated under the radar, no government entity has them in their sights, but if we talk about currencies famous for being anonymous then opt for dash or zcash, monero is already being monitored.

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The topic you mentioned does have a true possibility, but what if the team upgrades on the code base used?
 If monero uses the POW mechanism, X-Cash makes a difference, the project uses DPOS,
 in detail I can't explain it here, and you can read it directly,
 but privacy used is better and also faster when making transactions.

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This is complicated since each privacy-based currency has certain characteristics, for example I can mention that monero is the best simply because it can be mined without so much configuration but from my point of view the best is Dash, since transactions are "  save "in specific nodes the only record that exists is there and can be deleted by pressing a button.

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As far as I know Moniro is the best privacy coin but there are more privacy currencies on the market. So privacy should be at the top of the coin but its privacy period should be very long. Since I think 2020 is the golden year for crypto so I think the price of Monroe will also go up. 

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Moniro is the best privacy cryptocurrency. It was created specifically to provide maximum privacy against many of the cryptocurrencies of those using their blockchain., Because its price is stable.  Most likely, I will buy it later in the long run.  XMR prices are likely to rise in the near future.

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On 9/28/2019 at 2:16 PM, Consignee said:

Most say Monero is the best privacy coin but a group of researchers have shared flaws in the monero codebase already. On the other hand, if we check other privacy coin like as dash, verge, ONION etc, they are also not that much effective than Monero.

However, each of the coins are being developed. ONION has recently tested their first DeepSend transaction and has offered reward to find out the sender as well. What do you think? Will Monero remain in top or any other coin will be leading in the coming future?

Thank you so much for giving this information about the privacy coin. As a beginner I don't know about the privacy coins but I have gained knowledge about the privacy coins from your post. You've written a very useful post for us. Yeah I also think that Monero is the best privacy coin and no other coin is much effective than Monero. 

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I think monero will be the best privacy coin, because I have read that there are people who post on this forum that monero is more dangerous than bitcoin.

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My friend I think that all cryptocurrencies are private and deserve a lot of attention from us they are all in a place of trust so we all have to work with them and trade they are really the future. 

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I've also heard and seen some Crypto users prefer the Monero coin because of the privacy issues, and I think it's a good coin. Trading with Monero can also be very useful for the users.

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On 1/16/2021 at 6:21 PM, Sophia Ella said:

I think monero will be the best privacy coin, because I have read that there are people who post on this forum that monero is more dangerous than bitcoin.

Monero is not the best privacy coin, it is just one of the privacy coins and it is more popular than others. And it's popularity has made it a target as there is a bounty running for hacking this coin.

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Bitcoin is a good privacy coin. Many people use Bitcoin currency. Bitcoin currency has a lot of value. Many people use Bitcoin currency and it is enough. 

I think that bitcoin is privacy coin Many people use it. It has not been a few years since it was launched, but it has a good appearance in a very short time. Many people use it and use it. 

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In addition, on Friday, May 3, we traditionally await another batch of very important statistics from the American labor market, including the unemployment rate and the number of new jobs created outside the agricultural sector (NFP), as well as revised data on business activity (PMI) in the US services sector.   GBP/USD: US PCE Hindered the Strengthening of the Pound   The preliminary statistics on business activity in the United Kingdom released on Tuesday, April 23, were mixed. The PMI in the manufacturing sector of the country crossed from above to below the growth/fall boundary, and with a forecast and previous value of 50.3 points, it actually fell to 48.7. In the UK services sector, on the other hand, there was growth in April – the indicator rose from 53.1 to 54.9 (market expectations 53.0). As a result, the Composite PMI reached 54.0 (52.8 a month earlier). However, all these figures did not attract much attention from investors.   On April 22, GBP/USD fell to 1.2300. The bulls on the pair took advantage of the dollar's overbought condition to return it to the lower boundary of the medium-term corridor of 1.2500-1.2800 in which it had been moving since the end of November last year. However, they did not have enough strength to consolidate within the corridor. The two-week maximum was recorded at 1.2540, after which, pushed by US PCE, the pair went down again and ended the five-day period at 1.2492.   According to specialists from United Overseas Bank, as long as the support at 1.2420 is not broken, there is still a possibility of the pound breaking through the 1.2530 mark. The next resistance, according to them, is at 1.2580. The median forecast of analysts regarding the behaviour of GBP/USD in the near future looks maximally uncertain: 20% voted for the movement of the pair to the south, the same amount – to the north, and the majority (60%) simply shrugged their shoulders. As for technical analysis, the trend indicators on D1 point south 65% and 35% look north. Among the oscillators, the picture is mixed: 25% recommend selling, 25% – buying, and 50% are in the neutral zone. In case of further decline of the pair, it will encounter support levels and zones at 1.2450, 1.2400-1.2420, 1.2300-1.2330, 1.2185-1.2210, 1.2110, 1.2035-1.2070, 1.1960, and 1.1840. In case of growth, the pair will encounter resistance at levels 1.2530-1.2540, 1.2575-1.2610, 1.2695-1.2710, 1.2755-1.2775, 1.2800-1.2820, 1.2885-1.2900.   No significant statistics on the state of the UK economy are planned for the week.   USD/JPY: Reached the Moon, Next Target – Mars?     We called the previous review "Higher and Higher". Now, it is worth asking at what altitude will this flight into space end? When will the Bank of Japan (BoJ) finally decide on a radical change in its monetary policy?   At the meeting on April 26, the members of the Japanese Central Bank unanimously decided to keep the key interest rate at the previous level of 0.0-0.1%. Moreover, the regulator removed from the statement the reference that it is currently buying JGB bonds for about 6 trillion yen per month. The statement after the meeting states that "the prospects for the development of the economy and prices in Japan are extremely uncertain," "if inflation rises, the Bank of Japan will likely change the degree of easing of monetary policy," however, "it is expected that the eased monetary policy will be maintained for some time."   The market predictably reacted to such decisions of the Japanese Central Bank with another Japanese candle on the chart of the USD/JPY pair. The maximum was recorded at 158.35, which corresponds to the peak values of 1990. There were no currency interventions to save the national currency, which many market participants feared. Recall that strategists from the Dutch Rabobank called the level of 155.00 critical for the start of such interventions by the Ministry of Finance of Japan. The same mark was called by 16 out of 21 economists surveyed by Reuters. The rest predicted such actions at levels of 156.00 (2 respondents), 157.00 (1), and 158.00 (2). USD/JPY has long exceeded the levels at which the intervention took place in October 2022 and where the market turned around about a year later. It now seems that 158.00 is not the limit. Perhaps it is worth raising the forecast bar to 160.00? Or immediately to 200.00?   USD/JPY ended the past week at 158.32. The forecast of analysts regarding the near future of the pair looks as follows: fear of currency interventions still prevails over 60% of them, while the remaining 40% are waiting for the continuation of the flight to Mars. Technical analysis tools clearly have no concerns about interventions. Therefore, all 100% of trend indicators and oscillators on D1 point north, although a third of the latter are in the overbought zone. The nearest support level is located in the area of 156.25, then 153.90-154.30, 153.10, 151.00, 149.70-150.00, 148.40, 147.30-147.60, 146.50. And it is practically impossible to determine resistance levels. We only note the reversal maximum of April 1990, 160.30, although this target is quite conditional.   No significant events regarding the state of the Japanese economy are expected in the coming week. Moreover, traders should keep in mind that Monday and Friday in Japan are holidays: April 29, the country celebrates the birthday of Hirohito (Emperor Showa), May 3 – Constitution Day.   CRYPTOCURRENCIES: Where Will Bitcoin Fall?   As expected, the fourth halving took place in the bitcoin network at block #840000 on April 20. The reward for finding a block was reduced from 6.25 BTC to 3.125 BTC. Recall that halving is a halving of the reward size for miners for adding a new block to the bitcoin blockchain. This event is embedded in the code of the first cryptocurrency and occurs every 210,000 blocks – until the moment when the mining of 21 million coins (presumably in 2040) ends the emission of cryptocurrency. It should be noted that the fourth halving will provide for the mining of approximately 95% of the entire bitcoin emission, about 99% of all coins will be mined by 2033-2036. Then, the emission will gradually move towards zero.   In the previous review, we promised to tell how the market would react to this important event. We promised – we report: the market reaction is close to zero. For several days after the halving, there was no growth in volatility. The price of bitcoin slowly and lazily moved first upward, reaching $67,269 on April 23, and then returned to where it began its weekly journey: to the $64,000 zone. It seems that market participants froze in anticipation of who would be the first to start buying or, conversely, selling the main cryptocurrency massively.   According to experts from Bitfinex, the post-halving supply restriction stabilizes the price of the first cryptocurrency and may contribute to its growth. "The reduction in the pace of bitcoin issuance after halving, which will amount to $30-40 million per day, contrasts sharply with the daily net inflow of $150 million into spot ETFs. This emphasizes a significant demand and supply imbalance, which may contribute to further price growth," stated the Bitfinex report.   However, analysts from QCP Capital believe that bitcoin optimists will have to wait at least two months before assessing the effect of the past fourth halving. "The spot price grew exponentially only 50-100 days after each of the three previous halvings. If this pattern repeats this time, bitcoin bulls still have weeks to create a larger long position," their report stated.   Anthony Pompliano, the founder of the venture company Pomp Investments, believes that within 12-18 months, the coin is expected to grow to $100,000, with chances of reaching $150,000-200,000. However, before moving to a bull rally, BTC/USD, in his opinion, is waiting for a correction down. At the same time, Pompliano believes that the price will not fall below $50,000. "I think we have already crossed this Rubicon," – he wrote.   The possible upcoming decline of the main cryptocurrency is probably a topic currently much more discussed than its subsequent growth. Many agree that bitcoin coins will appreciate in the long term. But how will quotes behave in the more foreseeable future? Fidelity Digital Assets, the leading issuer of one of the spot BTC ETFs, has already revised its medium-term forecast for bitcoin from positive to neutral. The reason for abandoning optimistic sentiments is several worrying trends in the crypto market. Fidelity analysts noted the growing interest in selling from long-term hodlers. Among them, there is currently a large percentage of profitable addresses, as noted in the company's report. This means that holders may want to lock in profits and start selling BTC. On the other hand, on-chain data indicates that small investors, on the contrary, continue to accumulate the first cryptocurrency. Since the beginning of the year, the number of addresses on which BTC is stored for at least $1,000 has increased by 20% and reached a new historical maximum. "Such a trend may indicate the growing dissemination of bitcoin and its acceptance among 'average' users," – Fidelity noted.   Specialists from CryptoQuant examined the SOPR indicator readings for these categories of investors and made conclusions similar to those of their colleagues from Fidelity. Investments in Bitcoin by "new" whales (owners of coins "aged" less than 155 days) almost doubled the indicator of "old" large players (more than 155 days). At the same time, the increased value of the metric showed that the profits of the "old" hodlers significantly exceed the indicators of the "newcomers". And if the "old-timers" move to fix profits, this may lead to the formation of price peaks. An analysis of the current picture, according to CEO of CryptoQuant Ki Young Ju, also speaks of the need to exercise caution in anticipation of possible corrections and increased volatility.   Recall that earlier, specialists from JPMorgan noted that digital gold is in a state of overbought. And co-founder of CMCC Crest Willy Woo noted that if the price of the first cryptocurrency falls below the support level of short-term holders at $58,900, the market risks moving into a bearish phase.   As of the evening of Friday, April 26, the BTC/USD pair is trading in the region of $63,950. The total capitalization of the crypto market is $2.36 trillion ($2.32 trillion a week ago). The Bitcoin Fear & Greed Index remained in the Greed zone, although it rose from 66 to 70 points.   Finally, in conclusion of the review, our long-forgotten crypto-life-hacks column. It turns out that in order to become a crypto millionaire, it is enough to have a marker and a piece of paper. The possibility of such a way of enrichment was proven by Christian Langlois, also known as Bitcoin Sign Guy. This guy made headlines in many news outlets after showing a notebook sheet with the inscription "Buy Bitcoin" behind the back of the Chair of the Federal Reserve System Janet Yellen. At that moment, the head of the Fed was giving testimony about the state of the US economy. This image instantly spread across the network and became one of the symbols of the emerging crypto industry.   For his misdemeanour, the 22-year-old intern Langlois was disgracefully expelled from the hearings. But after this episode was shown on television, enthusiasts sent 7 BTC to his crypto wallet to thank the guy for his bold move. Four years ago, Christian sold 21 copies of the "cult" sheet at an average price of 0.8 BTC, earning another 16.8 BTC. Thus, his total earnings reached 23.8 BTC, which is more than $1.5 million at the current exchange rate. And a few weeks ago, Langlois was offered another 5 bitcoins for the original, but he refused to sell the sheet. Nevertheless, Christian liked the idea of further monetizing the self-created object of "artistic and historical heritage", and he decided to sell it at an auction, directing the proceeds to finance his startup Tirrel Corp. On April 25, 2024, the auction house Scarce.City reported that the lot, which became a popular meme, was sold for 16 BTC (more than $1 million). NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
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