|Coin – Monero |
|Symbol – XMR |
|Exchange – (*most) |
Why is Monero a good buy?
Monero is not just a good buy. It would be considered a very intelligent buy, for many reasons. Monero is secure, private and untraceable. Every transaction is locked and finalized.
What makes Monero value added?
Monero (XMR) can be mined, not only with a GPU but, it can be CPU mined down to a Duo Core on Linux. Though personally testing the aforementioned method, it is not recommended as it is not profitable at all (in that format) As the power consumption is greater than that of which your CPU could pull for hash rate. There are even Cell Phone Miners that will pull micro hashes of Monero.
GPU Mining of Monero is still profitable and, would be a viable way for a person to make sure they had a small supply / savings building up at all times. As a way of turning XMR into BTC, it is also a great way to ensure you’re getting the best quality Monero coin available, and putting the best on the market when you trade it in for whatever coin you desire.
What is the future of the coin?
The ability to securely transfer value while maintaining security and anonymity is one of the best things around, especially in the current market. These aspects will ensure Monero (XMR) is around for a long time to come in the cryptocurrency market.
Who is involved on the team?
Monero has a core group of developers but, is more of a community project. It allows for the product / project to stay up to date, facing all fronts. Monero’s GitHub is very active and has a knowledgeable group backing the repo.
Where will they be in the next year?
Here to stay. It’s holding very strong against FUD.