/biz/ - Business & Finance

>>30353174
>Because as the BEST PRIVACY COIN it will also get PENALISED MOST by governments and KYC rules. Many institutions simply will never accept it...I am here to make money.
See:>>30348191, Streisand effect, and "price of alcohol during prohibition"
also, the only way to trace xmr is through compliant/compromised exchanges and merchants/service providers. So unless regulators are literally brain dead, it's in their best interest to increase the mainstream adoption of xmr. see: poisoned outputs, timing analysis, subaddress association etc
https://www.monerooutreach.org/breaking-monero/poisoned-outputs.html
>you are arguint that XMR will replace BTC.
I'm not arguing that, I wish that would happen and it might, but I'm not so delusional to say it's guaranteed or even likely. My argument is just that alts in general underperform btc, so it's not an argument against any specific coin.
>long term trend that even via TA (which is tea leaves)
No wonder your opinion and your charting is so shit, you're one of the "TA doesn't work" people that doesn't even know what TA is. You just slapped a random indicator on a chart, TA would be something like "oversold after breaking down from long term support (possibly flipped resistance) at .009, now sitting at long term resistance flipped support" pic related
>I hold 0 Monero.
Why waste your time like this, do you also do this same for other coins like eth, which is also down about 80% in sats?