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28596396 No.28596396 [Reply] [Original]

>>28596303
Just bought Monero, what am I in for?

>> No.28596471
File: 1010 KB, 1593x2460, monerochan17.png [View same] [iqdb] [saucenao] [google]
28596471

>>28596396
long term hold that is guaranteed to go up

>> No.28596525

>>28596396
Sell all your crypto holdings (including monero) and buy reliable stocks

>> No.28597544
File: 354 KB, 1928x1240, 1610914174694.png [View same] [iqdb] [saucenao] [google]
28597544

>>28596396

>> No.28597972

the future

>> No.28598322

crabbing

>> No.28598452

>>28598322
pretty much this. privacy coins rarely moon

>> No.28598471

>>28596525
Why would anyone invest in boomer shit?
>>28596396
Unironically being rich before 2030

>> No.28598484

>>28598452
except its literally pumping right now

>> No.28598491

what will 1 XMR be in 5-10 years?

>> No.28598504

>>28596396
You probably should have waited a month or two before investing in crypto fyi. The mainstream "adoption" (which always mysteriously and quietly disappears in a few days) indicates that (((they))) are preparing for a massive dump.

>> No.28598534

>>28598491
ten years? 2k easy

>> No.28598563

retribution

>> No.28598737

>>28596396
A visit from the FBI and SEC.

>> No.28598761

i have 40 xmr, too scared to buy more now, if there will be a huge market wide dump, going to DCA more into btc and xmr

>> No.28598829
File: 98 KB, 750x739, 1606714775918.jpg [View same] [iqdb] [saucenao] [google]
28598829

>>28598737
FBI maybe.
SEC not likely.
IRS maybe.

>> No.28598964

>>28598761
>if there will be a huge market wide dump
i hope there is one.. waiting to put another 10k into xmr

>> No.28600002

>>28596396
Pain and suffering. Monero is just an overpriced fork of Bytecoin, you got scammed. Sell your Monero for 0xMonero while it's still worth something.

>> No.28600104

>>28598491
Professional expectations are that privacy is going to be the biggest issue of the 2020s and a lot of companies looking to get into cryptocurrencies are worried about public ledgers, especially because it could expose trade secrets and supply routes so they want the ledger to be private.

This could lead to actual institutional forces switching away from BTC to XMR over the long-term (5-10 years time).

My personal expectation is $1000 at the end of this year, yeah that is pretty low and other coins are going to moon harder this year most likely. Could be as high as $3000 if the decentralized BTC -> XMR swap starts coming online though.

I expect it to be around $6000 5 years from now and it's expected by financial firms that XMR will be around $40,000 in 2030.

It's basically slowly going to become the defacto currency that is actually used. That is already the case on the dark web but it's slowly going to come true for the rest of the internet as well. Remember when you could buy steam games with BTC officially supported by valve in 2015? Yeah that's going to be the case again with Monero in 2025.

>> No.28600133

https://youtu.be/ImtQ6xw66kE

>> No.28600212

>>28596396
Gratz now you can buy drugs on Dark Web

>> No.28600278

>>28600002
The real value of Monero is not the coin itself but the adoption and community behind monero. Just like BTC doesn't have the best resume. It has the backing of a large community that sees it as a store of value.

Monero has the backing of the entire criminal world as being seen as the one true currency they can use to avoid prison time. And so does the US government considering Monero is the only crypto in existence they put a bounty on for someone to crack it.

They offered 300K, then 600K now it's at 1.2M to crack monero. We'll most likely see the bounty as high as 100M by 2022 as adoption is growing exponentially and the US government is getting really scared of being unable to ever see any information about those users ever again.