/biz/ - Business & Finance

>>26172201
nope those are the people that actually use it to transact

>>26172201
nah, it's pretty obviously whale and tether manipulation.

>>26172227
I used to buy adderall on darknet and maybe 1/10 vendors accept XMR. it's still btc everywhere.

not a bad guess, i'm honestly dumbstruck by xmr's performance so far lol. It's still kraken, binance, poloniex, and a million chinese and russian exchanges.

Been accumulating this slowly, goal is to reach around 100, just going to sit on them no matter what

>>26172201
Monero will pump when Monero will pump. Monero is lonely at the top

I‘m filling my bags

>>26172326
Things change quickly on the darknet anon

>>26172326
Times change
Now that blockchain analysis is so big, monero is supplanting btc for the discerning criminal

>>26172414
yup just waiting for the next day we get a 40% green dildo out of nowhere

>>26172326
>>26172421
>>26172431
it's at least 50% XMR already

by the way, for anyone concerned about this subject, here is a very recent talk (posted today lol) by fluffypony talking about supply auditability with nontransparent ledgers: https://www.youtube.com/watch?v=meDkx6gRPMg

>>26172201
No, that’s not it. Explain by what mechanism you think the price should increase? If you buy this and hold for a year, why would anyone want to buy it from you for more than what they paid?
Before you think I’m some general bear, Monero is pretty unique in not having any reason for its price to increase. Remember, it is NOTHING like Bitcoin, which takes the Store of Value use case, and that is also what got its price to climb and took it out of the drug market niche that Monero is trying for. But being used to buy drugs is not a reason for the price to climb, rather the incentive is for the price to stay stable. Which it will, because that’s what you do when you go for the payment use case, incognito payments or not.

>>26172617
For more than what you* paid

>>26172326
Yeah to be fair I got clean and don't buy drugs anymore, but people used to say the same shit about XMR in 2017. I don't think I ever saw it accepted. It was always BTC, granted a lot can change in a coupl years.
Have any of you shills even made a purchase on the darkweb?

>>26172326
right, you hang around places and people that get caught and raided. we get it. Every safe place uses XMR now

>>26172326
the market I use only accepts XMR

>>26172697
the biggest market only accepts xmr

>>26172201
This only affected exchanges that didn't know what they were doing and didn't affect gui/cli or other wallets.

>>26172267
Wow congratulations on being the biggest retard on /biz/

>>26172598
sounds like he knows it's going on. no wonder he left the team and is a maxipad now

>>26172719
id only use a market the exclusively takes xmr

Unironically XMR rarely pumps because its actually used to transact instead of just speculate. It's a slow and steady climber, volatility is much lower than with other coins

>>26172201
Other explanation : Monero is constantly raped by intelligence agencies dumping their fat bags taken from the crime world.

>>26172617
>Remember, it is NOTHING like Bitcoin, which takes the Store of Value use case

Bitcoin:

>non-fungible

>addresses vulnerable to blacklisting

>mining centralized in China

>balances open to public scrutiny


Monero:

>fungible

>addresses invulnerable to blacklisting

>decentralized ASIC-resistant mining

>private balances


But Bitcoin is the superior store of value. :D

This is obviously a reverse psychology bait thread.

Please stop talking about xmr.
Let's just fill out bags for now and we can spread the word after $200+

No more monero threads

>>26172326
>explains herd mentality

>>26173823
Yes. For all those reasons you mention. Your understanding of what makes a good store of value, except for criminals, is lacking.

>>26172201
>oh look, it’s this thread again
This is how you know monero is btc in 2014-2015. The best fud they have is CRIMINALS USE IT and this 4-year old supply bug meme.
When this breaks out it will be violent, and non-believers WILL be left behind.

>>26174438
>Yes. For all those reasons you mention. Your understanding of what makes a good store of value, except for criminals, is lacking.

Oh I see, you're trolling. Carry on.

>>26172326
>used to
>thinks his past experience on the darknet is current reality
??????
Time to download tor and take a peek at reality

>>26174486
Constant massive sell pressure as darkweb crime dominance reaches upwards of 80%

>>26172326
>I used to buy adderall on darknet and maybe 1/10 vendors accept XMR. it's still btc everywhere.

Go here: https://www.reddit.com/r/darknet

And do a search for "Monero"

Then do a search for "Bitcoin"

Report back with the results.

Monero serves no speculative purpose. It is useful for what it is.

>>26173823
>reddit spacing
opinion discarded

>>26174948

Make sure not to accept any tainted bitcoins!

>>26172326

Are they stupid ?

>>26174694
Constant massive buy pressure as darkweb crime dominance reaches upwards of 80%

State actors like North Korea farming XMR, they will pump the bags when the time comes