Holding this shit has a higher opportunity cost than XRP

[Anonymous No.22597119]

Don't get me wrong, I love it from a technical standpoint. But it just does not move at all. And it is starting to piss me off

[Anonymous No.22597156]

>>22597119
The kikes will never let monero shine. Sad but true

[Anonymous No.22597340]

that's because no one actually holds it. it has a usecase as a money laundering tool. people convert to it, then sell to obfuscate their trading history. apart from that it will always slowly drop against BTC just like almost everything, making it similar to bitcoin but slightly inferior.

if you want to make money, the only alternatives that i see are
a) leverage trading/TA
b) shittoken gambling
c) investing in something that has active development and might actually have a usecase

a) is very hard as ~90% of all traders lose money in the long run (almost everyone overestimates their skills), b) is a lottery because no one can actually read and properly analyze all the whitepapers, make educated guesses about the teams etc. and c) never pays off

what you're doing is investing in a crypto very similar to BTC but w/o the first mover advantage - a coin destined to never grow as quickly with no prospects of that changing. unless you expect monero to somehow become relevant again by seeing massive development (it won't) this is a bad idea and you should try a), b) or c) or at least hold BTC itself

[Anonymous No.22597436]

>>22597340
>apart from that it will always slowly drop against BTC just like almost everything, making it similar to bitcoin but slightly inferior.

stopped reading right here. XMR on the long timeframe is one of the only assets in the market that is gaining value against Bitcoin. Unlike XRP which came on the market around 5000 sats and is now 2000 sats.

also, I hold it. so your first line is also wrong. there are many people like me that hold xmr. its a better hold than bitcoin. and has been for atleast 6 months. and it went up multiple x from market entry at the start.

[Anonymous No.22597501]

Slow and steadily wins the rase. This is a comfy hodl.

[Anonymous No.22597523]

>>22597436
https://coinmarketcap.com/currencies/monero/
it dropped from 0.03BTC to 0.01BTC

just as i said: it's losing money to BTC in the long run.
don't listen to me and keep hodl'ing, not my goddamn problem if you stay poor

[Anonymous No.22597543]

>>22597340
>making it similar to bitcoin but slightly inferior.

are you fucking retarded? Monero, which can't be traced (unlike BTC), is inferior to BTC?

[Anonymous No.22597560]

>>22597543
first
mover
advantage

[Anonymous No.22597577]

>>22597543
Price action wise.

[Anonymous No.22597586]

>>22597340
That is such fucking nonsense. How do people like you manage to write such lenghty paragraphs of complete bullshit? Just kys you absolutely clueless fucking moron.

[Anonymous No.22597594]

>>22597543
The government tax-Jew will work against it for that reason. If/when it takes off, expect legislation against it, attacks on the chain, etc.

It'll still be used, but if popular, easy to use exchanges can't list it, normies won't be able to pump it.

[Anonymous No.22597607]

>>22597560
That's absolute bullshit.
XMR is anonymous and BTC is not
You can not compare those two

[Anonymous No.22597624]

>>22597119
youre supposed to spend it, think of it as a deflationary stablecoin

[Anonymous No.22597638]

>>22597607
first mover advantage means magnitudes the hashrate
hashrate means security and value of the network
it is a characteristic much more important than some gimmick like privacy and the average XMR holder doesn't seem to grasp that

there are hundreds of cryptos more "advanced" than BTC and guess what: they will never rank at 100th its value

[Anonymous No.22597646]

>>22597156
>The kikes will never let monero shine.
I have a solution.

[Anonymous No.22597653]

>>22597607
you can. they serve the same purpose except XMR is obviously better. harder to manipulate the network (no china ASIC bullshit) and fully private.

if BTC is worth $10k, XMR should be worth at least $15k. (1 XMR = 1.5 BTC)

[Anonymous No.22597666]

>>22597638
>gimmick like privacy
top fucking kek
What will people do once the digital dollar is out and people will be tracked on every single transaction?

[Anonymous No.22597681]

>>22597666
the same thing they do right now: convert to XMR and sell it seconds after (no lasting price impact)

[Anonymous No.22597717]

Monero is good

[Anonymous No.22597721]

>>22597594
All the more reason to support it.
And btw, that's EXACTLY the stuff you could hear everywhere about Bitcoin in 2012 when I got into crypto. It's not true, it doesn't play out that way. Crypto IS NOT mainly for illegal activity, and Monero isn't either, that has never been the value proposition.

[Anonymous No.22597757]

what might happen is these fucking (((governments))) print, and over control themselves into irrelevance and the people decide to do exchange completely in monero because it's the only thing that is reliable or unadulterated

[Anonymous No.22597759]

>>22597721
In the end companies like Grayscale and Microstrategy will buy and pump btc bags and nobody serious will touch monero because it has bad press.

[Anonymous No.22597765]

btw, Monero is in a really good position for a break out now. If you're looking to get into it, this is probably a great time
https://www.youtube.com/watch?v=03FEQQmvXM4

[Anonymous No.22597821]

>>22597646
Go on

[Anonymous No.22598117]

>>22597523
nigger, it was a few cents (few sats) in 2014. now it is 840 000 satoshi. its going UP.

you only look at 2017 till now, lmao,

[Anonymous No.22598308]

>>22597119
How do I buy this without feds knowing I bought it?
Hardmode: no local trading

[Anonymous No.22598405]

>>22598308
1. Download the Exodus wallet.
2. Transfer in Jew approved coins of your choice (BTC/ETH).
3. Exchange those coins for XMR with its built-in exchange.
4. Send your comfy new stack to your choice of wallet. Or keep them on Exodus.

[Anonymous No.22598592]

>>22597717
Yep

[Anonymous No.22598936]

>>22597119

If Biden wins the Middle Eastern wars will start back up, and oil price will start to move, and so will Monero.

[Anonymous No.22598946]

>>22598592
monero is loved by everyone who isn't a complete retard.

>>22597340
is also completely wrong.

[Anonymous No.22598976]

>>22598405
i love the exodus wallet its so beautiful

[Anonymous No.22599080]

>>22597646
Is this solution of the final type?

[Anonymous No.22599151]

>>22598936
Fuck China and fuck Biden you CCP kike faggot

[Anonymous No.22599902]

>>22597765
is this a sell signal?

[Anonymous No.22600027]

>>22598976
>>22598976
the exchange just has fucking high fees.

[Anonymous No.22600031]

>>22597638
>thinking you can use BTC miners for XMR
Stop shilling. The XMR network is more secure than BTC. Chinks and Iranians attack BTC, not XMR.

[Anonymous No.22600143]

>>22597594
>The government tax-Jew will work against it for that reason. If/when it takes off, expect legislation against it, attacks on the chain, etc.
Unironically bullish.
All crypto that is accepted/endorsed by governments is mostly fake and gay. For most problems you don't actually need the decentralization of a blockchain and where crypto tokens are used for governance/voting and gaining dividends etc. it is merely a cheap form of a security minus the expensive and impossible regulatory barriers of entry inherent in mature stock markets.

Anonymity is the real crypto killer app.
Everything else is pretty well covered by

[Anonymous No.22600177]

>>22600143
>Everything else is pretty well covered by
existing solutions.

Also shielding from taxation is going to be big.
Just wait for that Caiman Islands money to onboard XMR.

[Anonymous No.22600507]

>>22597119
Thanks for teaching me the term «opportunity cost» fren.

I think the same as you, it’s epic on the technology but it’s a big opportunity cost as everything under 100M$ mcap is bulling

[Anonymous No.22600727]

Fluffy said in 2017 use it don’t hold it.

[Anonymous No.22600842]

>>22597523
monero is one of the coins that dropped the least through the bear market, and will very likely outperform btc in this bull market.

[Anonymous No.22600877]

>>22597560
you have no idea what you're talking about mr.onions

[Anonymous No.22600948]

>>22597759
The beauty is you would never know if anyone serious is touching it because it's PRIVATE

[Anonymous No.22601323]

>>22600948
i keep up to date with xmr news.

traffic analysis to the getmonero website has shown that there is interest from swiss BANKS.


north korea and iran both mine xmr (and btc) and use it too

xmr is gonna make it.

[Anonymous No.22601442]

>>22597638
>there are hundreds of cryptos more "advanced" than BTC
No, there aren't. There are coins which are basically just clones like Litecoin and there are coins that have added a bunch of crap that actually makes it worse (which I assume you were alluding to with "advanced").

Monero fixes the fundamental problems with btc. Privacy is not a gimmick. Bitcoin's transparency is unprecedented; there has never been money like it. Monero is also fungible and scalable. It is fundamentally better than btc unlike any other coin.

[Anonymous No.22601643]

OP, this isn't a coin for dopamine-depleted, thrill-seeking zoomers. This is an adult coin. As such don't expect MOONING or any other Uniswap shit.

It's a great coin to hold. Decentralized exchanges solve the issue of bridging fiat to Monero.

[Anonymous No.22602539]

>>22597340
>it has a usecase
True and more than can be said for btc

[Anonymous No.22602891]

>>22602539
This. I cant fathom how core maxis keep on saying BTC is the only form of usable money, then proceed to pay massive fees to transact on a spychain

[Anonymous No.22603782]

>>22602891
Instead of fixing problems with btc, they just fix their narrative. Now they're down to "store of value" but it's circular because that's its only value. Basically makes it a ponzi with collapse inevitable.

[Anonymous No.22603813]

>>22603782
Well put

[Anonymous No.22603898]

>>22597119
Usage and superior tech doesn't necessarily mean massive pump, Anon. I love Monero but it certainly isn't the coin that makes you rich quick. For that you have to put your money on more risky "projects". Also, see >>22597340.

[Anonymous No.22604464]

>>22597119
>>22603898
Don't lose hope guys, you would absolutely hate to miss one of the big legs up. Monero is going up in the long term, it's not going to bleed to death like other coins. The fact that we've suffered for a while now means the good times are coming. And the gains are better from a lower base.

Superior tech and genuine use doesn't necessarily mean pumps but it does provide a base/floor, which I think we've found now. See this >>22597765
Haven't watched but the description is correct
>Monero (XMR) has established a strong base over the past 10 months. We have attempted a liftoff 5 times, but this latest move is showing traction. The new highs and the higher lows are building out a really nice bullish price structure. The slower the build, the more strength as people start to recognize the move for what it is. Monero should be a really nice trade in the months to come.

[Anonymous No.22604907]

I realize all my shitcoin gains into Monero and PM miners

[Anonymous No.22604956]

>>22600727
Which is what people do. It has from what I've seen a stabilizing effect on the price. If I had to guess I'd say that the proportion of XMR holders vs XMR instant users is ~50/50, which is an anomaly for crypto. For most others it's more like 80/20, for BTC it's like 95/5.

[Anonymous No.22605042]

>>22597340
you are the only one that is gonna make it. monero is effectively just an anonymity tool, something that's used as a step in sending transactions, not something you hold

[Anonymous No.22605120]

>>22604956
I should also add that XMR, indeed, has a higher opportunity cost than XRP. If you hold Ripple I hope you're not sleeping well at night - you're hoping that the glowie coin gets put into mass circulation.

[Anonymous No.22605165]

>>22605120
If I'm not mistaken XRP is to be used by banks between transfers, not the public so I don't think it's as glowie as you say it is.

[Anonymous No.22605391]

>>22597119
>Don't get me wrong, I love it from a technical standpoint. But it just does not move at all. And it is starting to piss me off
anyone who sells now is selling right before the next bull run....you know it was <$30 earlier this year, right anon? don't fight the trend. see you at $200.

[Anonymous No.22605433]

>>22597340
>>22605042
or you can cut out the middle man and just do one transaction....tell me, what is the benefit of going BTC --> XMR --> BTC if my level of privacy is the same when doing 1 XMR transaction? I won't even bring up the fees (pic related though)
you're a fucking brainlet if you don't hold at least 10 monero for a long-term.

[Anonymous No.22605471]

>>22605433
wrong pic
honestly I hope all you faggots sell. same mentality of people who sold their bitcoin for mere hundreds - "ohh it's only for criminals, oh it's only for tax evasion, the gubment gonna ban it don't get stuck holding the bag" - history is repeating itself :)

[Anonymous No.22605547]

bruh i just use it to buy drugs lmao

[Anonymous No.22606576]

>>22605547
Exactly.

[Anonymous No.22607028]

>>22605471
based

[Anonymous No.22608035]

>>22597501
>Slow and steadily
I think this is a misconception about xmr. It's not going to 1000x in one week and then die like some shit coins but it's also not going to be a smooth rise. It's just the nature of crypto to go up a lot in a positive feedback loop of hype before a period of pullback and consolidation. Monero is no different. The log scale is sexy though.

[Anonymous No.22608104]

>>22597340
>inferior to bitcoin
except in literally every technical aspect it's superior to bitcoin

[Anonymous No.22608219]

>>22597119
why would you hold XMR? it has weaker privacy than shitcoin ZEC, a much weaker SoV case than Bitcoin, and absolutely no actual traction aside from spotty DKMs.

[Anonymous No.22608414]

>>22608219
>it has weaker privacy than shitcoin ZEC
Meanwhile even normalfags can trace ZEC's shielded transactions by statistical intuition:
https://cryptobriefing.com/zcash-privacy-back-question-user-traces-shielded-transaction/

[Anonymous No.22608639]

>>22608219
XMR has a better SoV case than Bitcoin lmao. Nobody can tell exchanges to blacklist your XMR address and prevent you from selling without the money immediately being confiscated.

[Anonymous No.22608950]

>>22608219
>no actual traction aside from spotty DKMs
So some actual traction vs no actual traction for any other coin

>much weaker SoV case than Bitcoin
Really value is stored in property and assets but there is value in having units of exchange. Monero is valuable because it is ideal for use as a digital cash. Because it is valuable you can hold some as a SoV. Bitcoin had that value but lost it after key issues of scaling and privacy made btc unusable. Now SoV is the only thing justifying it's value. It's valuable because it's valuable.... let's see how long you guys can keep that meme alive.

>weaker privacy than shitcoin ZEC
In some theoretical ways maybe but in practice no, it's not even close.

[Anonymous No.22609003]

>>22605042
>something that's used as a step in sending transactions, not something you hold
You will never know.

[Anonymous No.22609388]

>>22609003
They'll find out eventually. Nobody said it will be quick, it isn't, but Monero's going to stick around and you will definitely hear about it more in the coming years.

[Anonymous No.22610352]

XMR is so fucking based its unbelievable. Like I wake up in the middle of the night sometimes and say "holy shit, monero" and I can't get back to sleep for hours, I just lay there thinking about ring signatures. But I don't mind this happening because XMR is real fungible money and it's so goddamn comfy to hold it.

[Anonymous No.22610490]

great utility token, but why would you hodl the one coin that govts are all working together to destroy?

[Anonymous No.22610557]

>>22610490
Because the more they fail the more I have a pile of government-proof money.

[Anonymous No.22610697]

>>22597501
You realize a lot of aesop fables are lies or mottos that only apply in really specific situations, right anon?

[Anonymous No.22610921]

>>22610490
Have you seen the IRS and Treasury Department fumble around trying to figure out how to break it? They barely even understand what Monero is, and they sure as hell aren't cooperating with every government in the world to destroy it.

[Anonymous No.22611030]

>>22605042
so much fud around monero lately saying it's a stablecoin and won't make you gains. These people want you to miss out on monero. One only has to look at monero's history to know these claims are false.

[Anonymous No.22611082]

>>22605120
The smart move is to hold and profit from both. These two coins are both near rock bottom vs btc and will have megapumps when their time comes.

[Anonymous No.22611101]

>>22599080
Well we wouldn't want to have to implement multiple solutions so a single solution that solves the problem would be ideal.

[Anonymous No.22611146]

>>22605547
think of how many people did the same with bitcoin in the past, and instead of being wealthy by holding onto btc, they bought some shrooms or steoids instead.

[Anonymous No.22611640]

Monero is going to be the "cool" crypto in the upcoming bullrun. It's Bitcoin but with massive upgrades in privacy and scaling. It is what the cutting edge will turn to, and already we are seeing this proven with dark net adoption. It has actual use case, which means it has value. Let the kiddies chase Ethereum shitcoins and let the normies chase the Bitcoin pyramid scheme. The smart money is moving into Monero, which is a fundamentally sound project that only wants to be digital cash. As the weak hands continue to shake out, the strong hands continue to accumulate, and with our very low inflation we will soon go on a bull run which will rival Bitcoin's ascension in 16/17. Just wait until the coinbase listing -- and it will happen, Kraken just became a Bank of crypto in the US and they love Monero. Once coinbase lists and other onramps follow you will see a massive surge in Monero's popularity, and why wouldn't you? Why would you be okay with the feds knowing how much Monero you have and have used?

[Anonymous No.22611701]

>>22611640
I meant to say how much Bitcoin you have and have used, but it is applicable to Monero to -- because with the Monero project they are constantly working on privacy upgrades to ensure that this will never happen. Further ring signature upgrades and possibly zkstarks in the future will ensure this. Bitcoin, on the other hand, has already given up. Their culture is a failure when it comes to innovation.

[Anonymous No.22611914]

>>22611640
Nigga this is high IQ and precisely why Monero will probably crab for the next 2 years. The crypto space is full of fucking retards distracted by the shiny new shitcoin.

Crypto is all about which direction the wind blows retards, not about usecase or tech or quality or function.

[Anonymous No.22612339]

>>22611914
here's why you're wrong: Monero is going to have clout. It's going to be seen as an extremely powerful and mysterious cryptocurrency with tech improvements in literally every category compared to Bitcoin. The media reporting on Monero's rise in dark nets will be the beginning of this.

[Anonymous No.22612627]

>>22597340
>b) is a lottery because no one can actually read and properly analyze all the whitepapers, make educated guesses about the teams etc. and c) never pays off
AAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAAHHAAHAHAHAHAHAAHAHAHAHAHHAHAHAHAHAHAA
I made money being just smart about what coins to invest in
if you can't do that you're ngmi and will be stuck with biz meme coins

[Anonymous No.22612775]

>>22601643
>This is an adult coin. As such don't expect MOONING or any other Uniswap shit.
this, monero is great as a 30y investment

[Anonymous No.22612854]

>>22610352
>I wake up in the middle of the night sometimes and say "holy shit, monero" and I can't get back to sleep for hours, I just lay there thinking about ring signatures

[Anonymous No.22613061]

unfortunately bitcoin relies on centralization to function. you are going to need to rely on a crypto bank and the purpose of its bank is to pause any incoming transactions to itself if it deems those funds were illicit. then its easy to exchange for the every day consumer to not have to worry about where funds are coming from if all he needs to use is his bank on a first system level. xmr obviously isnt involved in this ecosystem so i'm not sure where it value will be