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/biz/ - Business & Finance

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16855178 No.16855178 [Reply] [Original]

Monero’s Bitcoin ratio is about to 5x. Get in here boys

>> No.16855621

>>16855178
5x the market cap?

>> No.16855739

pssst: the monero block reward is now under 2 xmr.

>> No.16856150

>>16855621
Depends on what Bitcoin/usd does for market cap. I’m talking about Bitcoin ratio

>> No.16856504

https://www.viewbase.com/inflation

>> No.16856532
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16856532

>>16855178
unironically love the jews since becoming big /biz/
good style, good and merciless business instincts

>> No.16856548

>>16856532
a jew once told me "keep the gelt in the family"

>> No.16856573

>>16856548
a jew once told me "PLEASE STOP! NOOOOOO! AAAAAAAAAAAAAAH!"

>> No.16856583

>>16856532
>>16856548
Cringe not gonna lie

>> No.16856853

The bullish case for Monero is that wealthy entities store their assets in Monero to hide from authorities.

The problem with that theory is actual users, like NK and Iran, don't store assets in Monero - they move assets through Monero. While this does provide some base price support for XMR, it will never surpass BTC or even get close. Users who want anonymity will buy Monero then use anonymous exchanges/swaps to put their assets in a more usable asset, like Eth.

>> No.16857037
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16857037

>>16856583
you should wear plain suits anon

>> No.16857084

>>16856853
No

>> No.16857152

>>16855739
Yes very based

>> No.16857164

>>16856853
Monero does not have to surpass BTC if the ratio moves up back to old ATHs it’s a 4x move from here
>>16857037
Get off my thread freak

>> No.16857175
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16857175

>>16856573

>> No.16857553

>>16856853
>The problem with that theory is actual users, like NK and Iran, don't store assets in Monero - they move assets through Monero

What do you mean by "actual users"? Actual users are completely unknown. We have no idea if people are hiding their wealth on it, if other countries are investing in it, and we can only assume there is a decent amount of dark net usage as well as laundering crypto gains instead of cashing out.


>While this does provide some base price support for XMR, it will never surpass BTC or even get close.

This depends on whatever happens with second layer solutions, but Monero's use case of ultimate fungibility and privacy will ensure that it will at least follow Bitcoin on any pricing increase, and it will likely gain on the Bitcoin ratio over time because of the improved privacy and overall use case possibilities.

>Users who want anonymity will buy Monero then use anonymous exchanges/swaps to put their assets in a more usable asset, like Eth.

This is definitely true, but because it provides Monero with a use case, it makes it even stronger and more valuable because of this use case of being able to anonymously add funds to ethereum, bitcoin, or whatever else. There will therefore in the long run be an increased demand for access to Monero to use it's privacy, thereby increasing it's liquidity, and further increasing it's value because of lowering inflation.

>> No.16857663

>>16857553
It should probably be mentioned that Bisq is just as important.

>> No.16857691

>>16857663
I fucking love using bisq but I wish more people were there. I've been trading with the same 3 people for like 6 months lol

>> No.16857810

>>16856532
Jews are the children of Satan. They will all die, because of their parasitic “business” strategies