/biz/ - Business & Finance

>>25420284
buy now if youre planning to hold long term

Accumulate as much as you can before atomic swaps go live at the end of this year.

so no chance to see it again in the range of sub 100/monero anytime soon I guess

>>25420717

Possible but not likely.

>>25420284
Normies and institutions are not touching this so very little upside. Exchanges might delist it. I’d stay away even if I like the idea tbfh.

>>25420284
this is bullish for PirateChain

im 100% on monero and im not going to lie, difficult times are coming, bitcoin has become a tool of the establishment and its willing to play by their rules, KYC, AML, transparency, etc.
Monero wont, so it will probably be attacked

>>25420743
alright thanks
probably will buy 2-3 in the next few days and see what happens during this month

>>25420842
Fuck your mom, Pajeet.

>>25420842
nobody gives a shit about piratechain, nigger

>>25420821

>Normies and institutions are not touching this so very little upside

Oh well. Monero doesn't need them to grow and succeed since its poised to be come the reserve currency of the global shadow economy. Its already replacing BTC on the darknet and making inroads into the criminal sector in general.

>Bitcoin is too hot for criminals. They're using Monero instead
https://money.cnn.com/2018/01/03/technology/bitcoin-popularity-criminals-monero/index.html

>Crooks opt for Monero as crypto of choice to launder ill-gotten gains
https://www.theregister.com/2018/03/16/cyber_crime_economics/

>Darknet Giant White House Market Drops Bitcoin, Supports Monero Payments Only
https://news.bitcoin.com/darknet-giant-white-house-market-drops-bitcoin-supports-monero-payments-only/

>Monero replaces Bitcoin for Sodinokibi Ransomware operators
https://www.cybersecurity-insiders.com/monero-replaces-bitcoin-for-sodinokibi-ransomware-operators/

>Why Malicious Hackers and Cyber attackers Love A Cryptocurrency Called Monero
https://analyticsindiamag.com/monero-cryptocurrency-hackers/

>$7.5M in Monero Demanded in Alleged Cyber Attack on Argentinian Telecom Giant
https://www.financemagnates.com/cryptocurrency/news/7-5m-in-monero-demanded-in-alleged-cyber-attack-on-argentinian-telecom-giant/

Considering that the global shadow economy is valued in the trillions of dollars, if just a portion of that ends up in Monero's marketcap that is still HUNDREDS of billions of dollars.

>>25420465
>berwick
I thought I was the only one who liked him here.

>>25420284
OP, I made a thread last night.

>Cartels, terrorists and criminals are using untraceable, spooky internet coins to buy bombs and sell drugs on the dark web
>IT is literally happening AGAIN, this time with your full knowledge of the first time, and you’re still not hoarding it


BUY ALL THE MONERO YOU FUCKING CAN. The exchange delisting was decided internally.

Monero printer go brrrrrrrr

>>25421066
I’ll disregard the fact that you intend to profit from drugs and child pornography which is pretty disgusting. Even if darknet transactions are conducted in Monero, this will not increase the value. Monero will be used as a channel to send USDs and nothing more - prices are quoted in USDs and as soon as the seller gets the Monero he dumps it for cash.

>>25420465
ATOMIC SWAPS WILL BE READY BY Q4.
THEY WILL BE COMING TO ALL CHAINS. MONERO THE KING.
FUDDERS BTFO, BITTREX WITH YOUR 1% DAILY VOLUME BTFO.

>>25421379
This is literally the same shit people were saying about BTC in 2012-13.

>>25421379
Thanks, just bought 100k.

>>25421379
the majority of crime uses good old fashioned US Dollars
Whatever amount of crime uses Monero is infinitesimal.

>>25421379

>I’ll disregard the fact that you intend to profit from drugs and child pornography which is pretty disgusting.

You mean just like USD and BTC back in the day?

> Even if darknet transactions are conducted in Monero, this will not increase the value

Rising demand for Monero will raise its price. Want to buy drugs online? Soon you won't be able to use anything else other than XMR. And since the online black market is only going to grow with time.....well, do the math.

> Monero will be used as a channel to send USDs and nothing more - prices are quoted in USDs and as soon as the seller gets the Monero he dumps it for cash.

Why dump a crypto that is consistently rising in value? Especially one that can be atomically swapped with BTC at a premium, since as a fungible coin XMR will always have more leverage over a non-fungible and potentially tainted coin.

>>25421796
Consider drug lords in countries where the local currency has been capitulating for years.

>>25421379
this is literally what they said about bitcoin in 2013

>>25422031
Trust your soul, anon. It’s dumping (on sale) purely off of emotion right now.