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#1 2019-04-24 02:30
- TormarketSupport
- Verified Vendor
- Registered: 2019-03-31
- Posts: 716
Bitcoin bull market problems and alternative digital currencies
It looks like Bitcoin will have another bull market and the inevitable high transaction fees will cause disruption again. Has anyone used other digital currencies while ordering or selling on DNMs? Lightning might be too experimental for big payments so another currency may be needed. Tormarket has Litecoin support which can be turned on if vendors are willing to accept it. If you are reading this and don't understand the problem, basically Bitcoin transaction fees can become so high that it isn't worth buying low value items.
#2 2019-04-24 04:10
- Psychedaddy
- Member
- Registered: 2019-04-01
- Posts: 260
Re: Bitcoin bull market problems and alternative digital currencies
Monero.
#3 2019-04-24 19:20
- LWC
- Verified Vendor
- Registered: 2019-04-01
- Posts: 21
Re: Bitcoin bull market problems and alternative digital currencies
Monero.
I second that the anonymity monero offers appeals to me, would probably need a wee step by step guide with the easiest/cheapest way to trade crypto for people who havent before. Im not sure what the transaction fees are like for monero though, are they any better ?
#4 2019-04-25 13:20
- TormarketSupport
- Verified Vendor
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Re: Bitcoin bull market problems and alternative digital currencies
Monero might be a harder for customers to learn, whereas Litecoin is a clone of bitcoin. Litecoin has cheaper fees. The only advantage I can think of for Monero is vendors don't need to mix.
#5 2019-04-25 21:00
- is0m3tr1x
- Member
- Registered: 2019-04-01
- Posts: 165
Re: Bitcoin bull market problems and alternative digital currencies
Which is easiest to implement for you td?
What you do in life echoes in eternity...
#6 2019-04-25 21:20
- TormarketSupport
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Re: Bitcoin bull market problems and alternative digital currencies
Litecoin is ready to go now if Bitcoin becomes too difficult to use. Monero looks like it could be added without too much trouble but would prefer to add other features first before integrating Monero unless there was a big demand to pay in Monero.
#7 2019-04-28 02:50
- MirrormereNZ
- Member
- From: Middle Earth
- Registered: 2019-04-01
- Posts: 9
Re: Bitcoin bull market problems and alternative digital currencies
Monero is the way the go. Yes there is a learning curve involved but has a big advantage for opsec
#8 2019-04-29 22:40
- Murphynigel
- Member
- Registered: 2019-04-14
- Posts: 2
Re: Bitcoin bull market problems and alternative digital currencies
Monero should be better than Bitcoin coz Bitcoin transaction can be traced in some ways.
#9 2019-04-29 22:50
- moshka
- Member
- Registered: 2019-04-17
- Posts: 16
Re: Bitcoin bull market problems and alternative digital currencies
+1 Monero
#10 2019-04-30 10:40
- Psychedaddy
- Member
- Registered: 2019-04-01
- Posts: 260
Re: Bitcoin bull market problems and alternative digital currencies
moshka just advised of an NZ retailer selling Monero - Bitprime.
I think it would be great if the market accepted Monero and we could set up a guide for newbies on buying and using Monero. The Windows wallet blows but they could use the online wallet as a temporary middleman for purchase.
I'm really surprised at the lack of Monero support on the world markets - bitcoins not safe anymore and getting less so all the time. We should transfer to the new standard before the world gets a harsh reality check on bitcoin.
#11 2019-04-30 12:30
- TormarketSupport
- Verified Vendor
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Re: Bitcoin bull market problems and alternative digital currencies
moshka just advised of an NZ retailer selling Monero - Bitprime.
I think it would be great if the market accepted Monero and we could set up a guide for newbies on buying and using Monero. The Windows wallet blows but they could use the online wallet as a temporary middleman for purchase.
I'm really surprised at the lack of Monero support on the world markets - bitcoins not safe anymore and getting less so all the time. We should transfer to the new standard before the world gets a harsh reality check on bitcoin.
Would you hold your earnings in Monero or immediately switch them back to bitcoin or fiat?
#12 2019-04-30 15:00
- Xar777
- Member
- Registered: 2019-04-30
- Posts: 122
Re: Bitcoin bull market problems and alternative digital currencies
Psychedaddy is spot on. Monero is the only currently viable solution for a truly fungible crypto-currency.
Bitcoins are very easily tainted and constantly tracked. Monero is the real digital cash, it's also backed by a great community and so far has managed to remain ASIC resistant which is impressive.
Also, with all the new DEX's coming on-line these days and things like xmr.to, it's easy to convert XMR to BTC and vice-versa while "cleaning" your BTC at the same time. Even the centralized exchanges which allow tor/anon signup's are OK too for this.
Just my 2-cents 
#13 2019-04-30 15:20
- Psychedaddy
- Member
- Registered: 2019-04-01
- Posts: 260
Re: Bitcoin bull market problems and alternative digital currencies
Would you hold your earnings in Monero or immediately switch them back to bitcoin or fiat?
Its been in a constant decline in price so would need to switch 80% to bitcoin as long as that continues. Keep the remaining as monero to purchase stock and also add to savings - I'm thinking monero will become much more valuable in the near future. Wall St accepted it so with them becoming the main market I thought that was gonna lead the surge - until they exit scammed.
#14 2019-04-30 18:20
- TormarketSupport
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Re: Bitcoin bull market problems and alternative digital currencies
I would be too cautious to hold Monero for risk of value disappearing. If the mathematics used by Monero is merged into Bitcoin then Monero won't have much value. Or a news announcement from a large govt banning Monero is very plausible.
#15 2019-05-01 19:40
- moshka
- Member
- Registered: 2019-04-17
- Posts: 16
Re: Bitcoin bull market problems and alternative digital currencies
Monero's value has actually been fairly stable ( for a digital currency at least 
) slightly less jumpy than bitcoin.
https://www.coingecko.com/en/coins/bitcoin/nzd
https://www.coingecko.com/en/coins/monero/nzd
> Or a news announcement from a large govt banning Monero is very plausible.
They might ban drugs too 
#16 2019-05-01 22:30
- TormarketSupport
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Re: Bitcoin bull market problems and alternative digital currencies
The price does look surprisingly stable. I wasn't expecting that.
#17 2019-05-01 22:40
- Psychedaddy
- Member
- Registered: 2019-04-01
- Posts: 260
Re: Bitcoin bull market problems and alternative digital currencies
Oh yea, guess I wasn't paying much attention. Even more keen for Monero now.
#18 2019-05-02 08:50
- is0m3tr1x
- Member
- Registered: 2019-04-01
- Posts: 165
Re: Bitcoin bull market problems and alternative digital currencies
+1 for XMR at your earliest convenience
What you do in life echoes in eternity...
#19 2019-06-13 10:10
- tagape
- Member
- Registered: 2019-06-10
- Posts: 2
Re: Bitcoin bull market problems and alternative digital currencies
+1 for Monero support.
Monero users can use XMR.to ( http://xmrto2bturnore26.onion/ ) for instant XMR -> BTC transaction