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20761815 No.20761815 [Reply] [Original]

I have noticed that XMR has already recovered most of its losses on the BTC/XMR chart and it did not even drop a lot either. It went down maybe 3pct against bitcoin. Compared to most erc20 losing as much as 30pct... I must say, XMR truly is one of the comfiest holds.

>> No.20762096

>>20761815
Yawn.

>> No.20762140
File: 639 KB, 500x281, 1595889801899.gif [View same] [iqdb] [saucenao] [google]
20762140

>>20761815
I hope it flips Bitcoin and it's clogged mempool. Fuck massive fees

>> No.20762148

>>20762140
no one but super whales use bitcoin itself for transfers, right?.

>> No.20762362

>>20762148
Nigga, I have 32 Bitcoin and even I don't want to spend 5 USD fees

>> No.20762448

>>20762362
lmao yeah I understand bro.
XMR transfers are cheaper, a lot cheaper.

>> No.20763159

Very comfy, very undervalued. Knew it was going to bounce back.

>> No.20763744

Monero is still one of the most undervalued cryptos. ETH is way overvalued right now, despite people like Ivan on tech saying otherwise. I'm bearish on almost everything that isn't XMR

>> No.20763822

>>20763744
same here bro. Personally I trade shitcoins then put profits in XMR. it has been great and comfy the past few months doingthat.

>> No.20763835
File: 98 KB, 769x1285, monero-chan-question.jpg [View same] [iqdb] [saucenao] [google]
20763835

>>20763744
Yeah ETH is overvalued in my openion too, BTC also, Assets like XMR, DASH and even DGB , severly undervalued.

>> No.20763876

is there any metric that supports the "undervalued" theory?

>> No.20763950
File: 171 KB, 1843x607, xmr_transacties.png [View same] [iqdb] [saucenao] [google]
20763950

>>20763876
ofcourse.

~ hashrate growing
~ transaction count growing
~ long term uptrending against bitcoin from the start
~ Third biggest community after BTC and ETH
~ genius developers working for XMR. RandomX algorithm dude for example
~ 5 out of 7 lead devs are anonymous, rumour satoshi is one of them.
~ I2P layer coming
~ BTC/XMR atomic swaps being researched (again)
~ DEFI for anonymous assets coming

Just go read in the reddit community even once. its not even the real core community but its full of super smart discussions and topics. Compare that to any other crypto subreddit. then you'll know.

1 Billion marketcap for an Anonymous Crypto that scales right now, They have scaling figured out to grow 100x in transaction volume and it will still be cheap to transact.

Second layer is also being looked at.

Truly decentralized cryptocurrency with fair distribution, did you know Vitalik premined 70 MILLION ethereum?

>> No.20763966

>>20763950
1000x* I am not up to date with the scaling research but they have made a lot of improvments. its fast and more scaleable than BTC

>> No.20763991
File: 444 KB, 930x534, unknown_amount_xmr.png [View same] [iqdb] [saucenao] [google]
20763991

>>20763950
>>20763966
>>20763876
Fundamentally they have solved many issues. its very scarce but they don't suffer from network failure once all XMR is mined. tail emissoin starts. it is more scarce than XMR but solves already the problem of what happens when 21 million btc are mined with tail emission. it is NOT proof of stake (aka the rich get richer banking 2.0 ) open system that anyone with computing power can join.

The only cryptocurrency chain analytics cant track, pic related

>> No.20764001
File: 52 KB, 1865x719, xmrhalving.png [View same] [iqdb] [saucenao] [google]
20764001

>>20763991
Emisson curve is gradual. less supply than bitcoin for a few decenia to come ( not accounting for lost bitcoin )

Bitcoin private bank.

>> No.20764014
File: 73 KB, 864x504, supply_inflation.png [View same] [iqdb] [saucenao] [google]
20764014

>>20764001