/biz/ - Business & Finance

Drugs are a big market.

Will not get wide adoption? Why? When fiat isn’t used for drugs what the fuck do you think there going to use. There won’t be any banks next century

>>27099175
fpbp dude, lmao

>>27099175
Yes but it is more simple for most people to just hold BTC then change it to XMR on an onion when they want to make a purchase.

>>27098853
anyone can be considered a criminal, all it takes is enough power. they are already going after "wrong think" https://www.bloomberg.com/news/articles/2021-01-19/far-right-groups-get-bitcoin-windfall-weeks-before-capitol-riot

>>27098853
I just think it will always exist. It already has found its niche in the market. People use it. There is a reason to use it: anonymity.

There are lots of reasons to have your transaction anonymous besides buying a child slave.

I just buy XMR and don't sell it. Just long holding because its value doesn't totally depend on weather or not apple add it into the phone wallet.

>>27098853
Your thread sucks but if anyone has a solution to:
>hard to get for cash without paying a large premium plus the time it takes
I'd like to hear it

>>27099648
ok by this logic wouldnt you have more plausible deniability if you werent holding monero wallets on your devices? Again you can hold btc and send XMR to a market for 1%-2% when you need to. The only people who want to go through the headache of acquiring XMR through cash because 1%-2% is too much are professional drug dealers.

>>27100427
The fact that Monero is being used at all for that purpose is bullish. Prices are set with the expectation that someone will buy. It doesn't matter if they hold

>>27100335
Are you asking us how to buy XMR, or are you asking how XMR will become more accessible?

There are plenty of guides on how to buy if you are a first time crypto noob. But its pretty damn easy if you ask me. Just buy sometime you can get with cash and then switch to XMR.

>>27100427
Ya, no one is expecting to be able to buy a double chocolate sunday with sprinkles on top with XMR at their local hipster ice-cream shop anytime soon.

>>27100665
This.

>>27100665
>>27101007
Im not saying XMR doesnt have its uses, my point is I do not think the prices will become independent from BTC. By investing in XMR you lose the opportunity cost to invest in BTC.

>>27101325
ok well that's a different argument from what was stated. BTC to altcoin argument then applies to every altcoin not just Monero

>>27098853
>there are onion sites and dark markets that will do BTC to XMR exchanges
this proves that Monero has a usecase, which means Monero has value.
>will not get wide adoption like BTC, LTC, and ETH potentially could
And what is the basis of your argument? Monero has had steadily rising daily transactions over the past year. If you go to r/darknet right now there are daily threads from noobs who are not investors who want to learn more about Monero. These people are not shills who go from one echo chamber (Bitcoin) to the other (Litecoin) talking about "number go up". They seek Monero because it has use that they need.
>hard to get for cash without paying a large premium plus the time it takes
This is true of every crypto.
But there are many non kyc around this that already exist, and in the future we will have atomic swaps.
>price will likely not rise independently of BTC
What makes you think that? Monero often moves when nothing else moves, as has been seen time and time again.
>Monero only seems good for drug dealers making so much money
They said the same thing about Bitcoin back in the day.

>>27101325
XMR has the most potential to completely detached from BTC. It is literally the only coin that already has a niche. It has more of a use than BTC, and XMRs use / niche isn't threatened by what google or apple choice to feed to their consumers on the newest OS update. It also isn't threatened by regulators (theoretically, IDK, how far that can go though).

>>27098853
If it wasnt for the drug market bitcoin wouldn't be where it is now

>>27101596
USD>btc>monero is much much faster and simpler than USD>monero even though its one less step. Bisq and Agora desk fucking suck as of right now.

>>27101987
XMR is literally where BTC was ten years ago, except it has the added benefit of being virtually immune to government/regulatory fuckery, at a time when a lot of investors old and new are learning some hard lessons about just how free the "free market" actually is.

>>27102344
You can do USD to Monero with Kraken.

Shut the fuck up about monero.
Are you a stupid retard that needs validation for your crypto?
Obviously monero is good. Now shut up and keep buying.
Stop trying to pump or hype it.

It will happen regardless and it will not happen soon, so stop shilling

Did you hear about Baex(#baex) defi binary platform? A lot of people try to bring referrals there, and I checked this option. 80% of commissions and 4% of the tokens bought by your referrals, that can be good for passive income.

There are a lot of stocks, indices, crypto, and fiat tools, and I want to trade Microsoft and Apple shares, as I see, they are rising, so it will be easy to get profit with them

>>27098853
just buy PirateChain
much bigger upside potential
most private coin to date
enjoy the gains, no need to philosophy, privacy is in ever growing demand

>>27102475
We are just talking about coins, my man. It's all good.

>>27102560
>PirateChain
Dump as hell name, I am out. Simple as.

>>27098853
>>there are onion sites and dark markets that will do BTC to XMR exchanges
also clearnet websites that do this e.g. changenow, xmr.to
>>will not get wide adoption like BTC, LTC, and ETH potentially could
already has wide adoption on the darknet and also some clearnet sites e.g. pornhub
>>hard to get for cash without paying a large premium plus the time it takes
can change to any crypto and cash out via traditional fiat cashout routes
>>price will likely not rise independently of BTC
appears to have decoupled from btc to some extent, compate the xmr/usd and btc/usd charts
>Monero only seems good for drug dealers making so much money they want to save the 1%-2% fee it would take to change BTC to XMR
this argument relies on misunderstandings already explained earlier
>>27099547
>>27100335
>>27100427
>source trust me bro
>>27101325
kek bitcoin maxi
>>27101596
based
>>27102475
based acooooooomulator
>>27102560
fuck off you street shitting pajeet

>>27102475
>dont use the M word

M*N*R* M*N*R* M*N*R* M*N*R* M*N*R*

See anon, nothing happened, no one came to take me awa

>>27098853
tell me anon... how do you cope? u missed every bullrun

>>27102434
Kraken doesnt have ACH

>>27102344
If you're gonna use an intermediary coin (which I agree is far easier and is how I first bought xmr), LTC is the better option due to lite fees.

>>27103226

>>27103226
>>27103128
>>27103131

THEYRE GOING TO BUY MY COINS!

>>27102475
You had 6 years

If this really is the new bitcoin why aren't you as jealous as i am.
Every coin you guys sell by shilling is potentially thousands if dollars i am losing in the next 3 years.

You guys must not believe in xmr as much as i do, because i would kill to be able to buy btc in 2013

>>27099175
fpbp

https://www.bridgewater.com/research-and-insights/ray-dalio-what-i-think-of-bitcoin

>As an extension of Bitcoin1 being digital are the questions of how private it is and what the government will allow and not allow it to be.
>1When I use “Bitcoin” please take that to mean Bitcoin and its analogous competitors.
>there is also a growing need for assets that can be privately held
>there exists the possibility that Bitcoin and its competitors can fill that growing need
>Bitcoin will unlikely be as private as some people surmise.
>Since the way Bitcoin works is fixed, it won’t be able to evolve and I presume that a better alternative will be invented and pass it by.

And finally...
>if it’s successful, the government will try to kill it

Please draw your own conclusions.

>>27104211
i see misunderstandings, i try to inform
buy it now buy it later dont buy it idgaf

>>27098853
yess, keep the newfags fudded so I can acooomul8

>>27099175
Look what the kikes did to GameStop, they are coming for your crypto very soon. They want blood after what you pathetic plebs did to them. They are going to implement draconian crypto tax laws to crush you pathetic goyim. And then what will you do. You'll buy Monero as fast as your fingers can trade.