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/biz/ - Business & Finance


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28618503 No.28618503 [Reply] [Original]

Why are Zcash, Monero and Dash pumping so hard rn? Do you guys think is it because some kind of institutional investor bought a huge load of them or is it a coordinated PnD? I really love Monero and /XMR/ general community and I'm curious about what do you guys take on this situation?

>> No.28618573

More like people are moving their gains to a place where the tax man can't look.

>> No.28618591

Donno, I'd say the whole market is pumping.

Even DeepBrainChain is pumping, sun.
End times are near.

>> No.28618690

>>28618591
Lol I saw that DeepBrainChain shill thread last night. Hope noone actually fell for it

>> No.28618711

Dash and Zcash aren't privacy coins. They just pump whenever Monero pumps.

>> No.28618759

>>28618711

yeah but dash pumped much harder than those two

>> No.28618960

>>28618759
and its way lower than it's all time high.
dash literally said they weren't private on twitter after the bittrex fud. they are a joke.

>> No.28619345
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28619345

>>28618503
lol no privacy coins are dead

>> No.28619516

>>28618573
that's not how it works

>> No.28619574

>>28618503
Front running because someone, somewhere knows regulation is coming. Probably Amerifats

>> No.28619619

tax season

>> No.28619700

>>28618573
You have to move your starting capital to monero and then trade monero for the coins you want on non-kyc exchanges.

>> No.28619791

>>28618503
some insider know something is about to happen
or tax season like other anon said

>> No.28619812

>>28619345
>using statistics to lie
found the jew

>> No.28619912

>>28619812
how does it feel losing 46% of your money in a year

>> No.28620031

>>28619700
biztards really dont understand how taxes work I guess, I bet a lot of people will rope once the audits start

>> No.28620130

>>28619912
Nobody uses boomercoin in the real world, so I'm feeling pretty good about the 5x from last March's lows

>> No.28620648
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28620648

>>28618960
Can't you read? They said they're as private as bitcoin using privacy services. They're pushing for real change and adoption while still protecting the little guy while your shitcoin jerks itself off because the chain is transparent and you cant tell how many whales are manipulating the network. Eat shit crab.

>> No.28620727

>>28620648
*IS NOT* transparent

>> No.28620845
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28620845

>>28620648
Who's coin is actually being used

>> No.28621121
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28621121

>>28620845

>> No.28621279

>>28621121
this too. What about privacy should be COMPLIANT to you? >>28620648 Fuck being compliant

>> No.28621329

>>28620845
Exactly monero isn't accepted anywhere in US except black markets where most you can buy with it is some overpriced crack. Admit it your crab coin nothing more than a laundromat for criminals to convert their funds into something useful

>> No.28621455

>>28619619
This
/thread

>> No.28621460

>>28621279
how many crayons do you eat a day

>> No.28621469

BECAUSE I HOLD THEM AHAHAHHAHHA

>> No.28621624
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28621624

>>28621329
>Exactly monero isn't accepted anywhere in US except black markets where most you can buy with it is some overpriced crack. Admit it your crab coin nothing more than a laundromat for criminals to convert their funds into something useful

Shadow economy is worth TRILLIONS of USD. Do the math.

>> No.28621923

>>28621329
XMR is:
A great savings account, not only have I made gains but I'm also not worried about volatility because it "crabs", $250 today btw, $89 in August, hasn't gone below $100 since Oct.
>overpriced crack
Looks like you should do some market research on street drug prices.
>isn't accepted anywhere in US except black markets
Ask any online retailer who accepts crypto and they will probably create a Monero address for you to send to.
tl;dr you sound like a snitch just like your cryptocurrency because it's compliant

>> No.28622242
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28622242

>>28618503

>> No.28622340

>>28621624
look at the bigger picture
I have trillion illicitly gained xmr and want to spend trillion xmr on yacht and house. Yacht and house seller wont accept my xmr. Need to spend next year gving xmr to crackheads who will give me an acceptable currency at a most likely undesirable rate without getting noticed on exchanges as xmr whale. After wasting a year and paying for all these micro transaction my total worth is half of my trillion xmr and have to forgo the yacht and go back to selling crack.
>trillions of USD of substitute goods

>> No.28622387

>>28621329
Yup. That's right. What are you going to do about it fag?

>> No.28622843
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28622843

>>28622340
>look at the bigger picture
>I have trillion illicitly gained xmr and want to spend trillion xmr on yacht and house. Yacht and house seller wont accept my xmr. Need to spend next year gving xmr to crackheads who will give me an acceptable currency at a most likely undesirable rate without getting noticed on exchanges as xmr whale. After wasting a year and paying for all these micro transaction my total worth is half of my trillion xmr and have to forgo the yacht and go back to selling crack.

lol why so complicated? You simply atomically swap your XMR for BTC/LTC/whatever in smaller increments and cash out on any exchange at your leisure. Pay whatever taxes you need to and enjoy.

>> No.28622853

>>28621329
>DASH has a rich list, so this is not a private coin. The financial details of coin addresses are visible to anyone examining the blockchain.
>Transactions are routed through a series of Masternodes to make them untraceable. This practice might work if all masternode operators had only pure motives. However, if a government, group of hackers, other entity, or even an individual bought many masternodes (there would be no way to know if this occured) and if the transaction passed through a route where all of the masternodes were owned by that entity, then the transaction could be traced by that entity. Given the relatively low cost of masternodes and the enormous budget of governments and some organizations, the possibility that coins can be traced is real.
>>28621329
https://web.getmonero.org/community/merchants and I'm sure there are more that aren't listed, too bad xmr.to is no longer operating though because that used to shut retards like you up.
I don't think anybody buys crack on the darknet, you are either a broke 13 year old or a glowie

>> No.28623329

>>28622340
https://www.cryptohomes.me
XMR is fungible so there's no dirty XMR, and it can't be traced. So go buy your house.

>> No.28623489

>>28620031
Or we'll just leave the country and take our crypto with us.

>> No.28623495

>>28622843
So is atomic swap already available?

>> No.28623551

>>28622853
Masternodes are the reason why I'm abandoned DASH in 2017.