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12239699 No.12239699 [Reply] [Original]

What could be a catalyst that could drive Monero to go parabolic and all the other Cryptonote coins with it?

>> No.12239702

>>12239699
It's going to go parabolic into the ground in a few years when major nations start banning private ledger coins on domestic exchanges.

>> No.12239704

nothing, ZCASH is superior

>> No.12239711

>>12239702
What are decentralized exchanges?

>>12239704
Based and saturnpilled

>> No.12239712

>>12239699
If the government starts using your wallets' transaction histories to tax you.

>> No.12239719

>>12239699
maybe a massive crackdown on all the scam icos by sec causing all of them to move their funds into private coins

>> No.12239730

>>12239702

Sounds like a bunch of bullshit to me. NYS has some of the most restrictive crypto regulations in the world and even they are on board with privacy coins

>> No.12239739

>>12239711
>muh decentralized exchange mainstream adoption
K
>>12239730
If you dont realize by now that private ledgers will be targeted under the guise of money laundering and financing terrorism in order for governments to milk crypto with taxes, you're either a fresh newfag or totally fucking retarded.

>> No.12239770

>>12239739

I've been in the game longer than you I'd wager, and people said the exact shit about bitcoin almost verbatim over half a decade ago. Privacy coins aren't going anywhere

>> No.12239775

>>12239739
>Implying XMR needs Billy who plays Fortnite to buy it in order for it to become big.
Try offshore accounts, dark web, money laundering, illegal shit etc etc. Decentralized exchanges enable people to keep buying and selling it you fucking retard.

>> No.12239779
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12239779

>>12239719

>> No.12239819

>>12239770
Yeah they said it would be banned because of the threat it posed against financial institutions. I always said it would be taxed and regulated. Now its taxed and you can bet your ass it will be regulated in the years to come. All the private ledger coins are going to eat shit because governments want their cut and they cant get it from private ledgers.

>> No.12239850

>tfw going to run a darknode and collect massive fees in privacy coins from dark money whales
feels good man

>> No.12239871

me selling the bottom

>> No.12239879

>>12239819

Privacy coins are already taxed. If you cash out on a mainstream exchange you pay taxes on it. They have no reason to ban them from these exchanges.

>> No.12239895

>>12239879
Every transaction is a taxable event that they arent getting their cut from. OTC cuts out cash out taxes. Are you a fucking moron too?

>> No.12239903

>>12239702
Yeah because banning things always makes them go down in value instead of rocketing the price up

>> No.12239920

>>12239699
Something to spend them on which isn't illegal

>> No.12239968

>>12239895

Same thing with cash. No shit it's illegal if you don't report it, you could say the same thing about any crypto. You're failing to grasp the fact that privacy coins already are traded within an established regulatory framework. They're not being banned, they're being given the green light for mainstream adoption. Unless you have some evidence of an impending ban you're just spouting bullshit that contradicts reality.