I agree it's a bit risky since it had a huge rise. But the market cap is still only $400-500M which seems so tiny today - especially if it makes true on it's promise to give Monero-strength privacy to (for example) Ethereum.
I think I'm going to ride the wave hopefully back to 48K satoshi's. In this bull market this should be totally possible. I'll probably sell half and then decide what to do with the rest.
This market currently is great for making quick 10% gains left and right and jump right back into ETH or BTC.
I've been hesitant to jump into privacy coins anyway, many risks involved and I fear regulation may kill them one day. Monero seemed like the safe bet for the long run but you are right, many new competitors. Still I think Monero won't be sitting still either.. but who needs it when you can just use something like ENG?
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Nice share. ENG has had a serious rise. I'm gonna watch it a bit and since if it corrects, but I love the idea of privacy.
I agree it's a bit risky since it had a huge rise. But the market cap is still only $400-500M which seems so tiny today - especially if it makes true on it's promise to give Monero-strength privacy to (for example) Ethereum.
I think I'm going to ride the wave hopefully back to 48K satoshi's. In this bull market this should be totally possible. I'll probably sell half and then decide what to do with the rest.
This market currently is great for making quick 10% gains left and right and jump right back into ETH or BTC.
Undoubtedly, the best team in crypto!
That's what I heard too!
I read that Monero isn't as private as they claim. With XVG, ENG, etc. it makes me think that it is a generation behind now.
Thanks for flagging ENG.
I've been hesitant to jump into privacy coins anyway, many risks involved and I fear regulation may kill them one day. Monero seemed like the safe bet for the long run but you are right, many new competitors. Still I think Monero won't be sitting still either.. but who needs it when you can just use something like ENG?
This post has received a 2.02 % upvote from @drotto thanks to: @pandorasbox.
This post has received a 50.00 % upvote from @steemthat thanks to: @pandorasbox. Thank you for your support. Stay Updated And Use Cool Tools At SteemThat.com Want Some Steemish Built On Ethereum? Get You Some!
This is not accurate. Privacy coins are focused on transaction privacy, while Enigma’s focus is on data privacy, traded on their marketplace.