/biz/ - Business & Finance

>>56682068
>Look, I love the tech of monero, but what I don't like is my money losing value faster than the fucking US Dollar

Invest in index funds then. Crypto "investing" = gambling in a crooked casino with the odds squarely against you. But hey, who knows, maybe you'll get lucky.

Monero may yet prove to be a winner in the long term provided real-world organic demand keeps growing. But *everything* else is artificially inflated junk, the price action may look very impressive at first glance but scratch the surface and you'll find there's nothing real backing any of it up.

>>55505715
>Its use case isn't hold and hope it goes up in value.

"lottery ticket" isn't a use case.

>>54862678
>after it craters in value against my other assets

lol your other assets are wash traded ponzi tokens with nothing meaningful propping them up.

>>54606851
>already priced in
>>54606911
>my nigger in sodom it is PRICED IN

Nobody with an IQ above room temperature takes price action in a clownworld market seriously, champ.

Go play with the doggie meme of the week.

>>54436639
>lol what a fucking shitcoin, Monero is a midwit trap

JUST TAKE CLOWNWORLD MARKET METRICS SERIOUSLY, BRO

>>54370314
>based on the current trend and situation

But we've already established that the "current trend and situation" is based on little more than FOMO-fueled speculative mania.

>like I've said monero has to do a x200 right now to even catch up

lol or maybe the market finally sobers up and realizes BTC is essentially worthless.

>>54225953
>Thats against btc dog

And? Is the current BTC market price the result of actual demand from real-world (black) markets? Because if not, we're still in clownworld.

>>53825667
>you mean the same free market that decided monero peaked in 2017 and never made a new bitcoin high, ever again?

lol that would be the clownworld market, not the real-world market.

Telling the difference is easy: only the clownworld market thinks dog memes are valuable.

>>51075317
>price correlates with adoption in scarce assets.

Only in rational markets. For example, Shiba Inu had a supply of 589 trillion coins when it famously mooned 45 million %, its utterly bananas.

https://cryptotips.eu/en/news/shiba-inus-45-million-percent-price-rise-has-cnn-discussing-memecoins/