/biz/ - Business & Finance

[Anonymous No.27848194]

Why does XMR performs so poorly despite having more utility and real world adoption than 99% of crypto?

[Anonymous No.27848303]

>>27848194
cause it's actually meant to be used as a medium of exchange

[Anonymous No.27848362]

>>27848194
>he doesn’t know

Ngmi

[Anonymous No.27848372]

>>27848194
It will outlast Bitcoin because it burns

[Anonymous No.27848393]

no marketing team to pump it, no cred as a speculative asset. The money that props Monero up to the degree that it is is 100% use-case money, not speculative holding. There are very few "hodlrs". Money is bought, money is paid

[Anonymous No.27848559]

>>27848393
this.
the upside is slow steady gains in fiat value as use increases rather than massive pumps and dumps.

[Anonymous No.27848626]

Its a crabcoin.

[Anonymous No.27848882]

>>27848626
crabbing up though

[Anonymous No.27849093]

>>27848194
fear of delisting
..and sadly, quality projects are not guaranteed a pump.

[Anonymous No.27849175]

>>27848393
It needs a lust-provoking waifu

[Anonymous No.27849247]

>>27849175
post moar

[Anonymous No.27849361]

>>27849175
this is awful
we have a decent waifu, please stop

[Anonymous No.27849420]

>>27849175
I'm not gonna lie, she took some weight

[Anonymous No.27849839]

>>27849175
This isn't my heccin waifurino.

[Anonymous No.27850069]

>>27848194
Because retards don't know what they're actually buying with 99% of crypto. They see it as stock in a company they know nothing about, following the hype for gains. There's no way normies have even considered what public blockchains mean if cryptocurrency became a standard method of monetary exchange.

[Anonymous No.27850092]

>>27848372
>it burns
you mean because los federales seize parts of the supply? i believe they get access to those when making deals with the people they arrest. then they unironically hodl low and sell high.

if you think about it, several agencies are padding their slush funds with crypto and monero is no exception - especially when it's so common in their line of "work" (which basically boils down to racketeering the average recreational drug user and bottom rung dealers).

So yeah I don't know if it "burns" in terms of diminishing supply, but it certainly is valuable to various three letter organisations so it can only go up from here.

[Anonymous No.27850117]

>>27848194
Monero is real money

[Anonymous No.27850237]

>>27848393
Monero should gain adoption as a speculative asset considering how concern with anonymity keeps increasing in intesity and spread and there's no reason to believe the trend will reverse.

Moreover, I'm not expecting Monero to pump 100x but it should at least gain value steadily and be ahead of literally useless shitcoins like LTC. Yet it's in the dumpester right now while everything else moons.

[Anonymous No.27850285]

50% of my portfolio is in this shitcoin
completely missing out on the bullrun
this had better pay off long term

[Anonymous No.27850286]

i'm sure this has been asked and answered before - plz no bully

since monero is such a strong privacy token, what's the chance of it being outright banned in the future if/when cryptocurrency becomes mainstream? what would happen in such a scenario?

[Anonymous No.27850323]

>>27850237
>Yet it's in the dumpster right now while everything else moons.
Strong buy signal there fren

[Anonymous No.27850430]

retard here and never bought crypto. is it too late to buy monero?it looks more useful than bitcoin and i heard its used for black market stuff

[Anonymous No.27850433]

>>27850286
They tried to ban drugs too

[Anonymous No.27850486]

>>27850433

noted, thanks anon

[Anonymous No.27850718]

>>27850286
They can't stop people from holding or trading XMR through their own wallets but they could potentially ban exchanges from listing and normal business from accepting it. In this scenario It'd become exclusive to send money to people, lauder money and buying illegal goods.

[Anonymous No.27850727]

>>27850286
This coin has huge potential to be used by glowies. They can seize it from criminals and then use it to fund their favorite drug cartels, militias etc. Perfect for funding a coup or transferring money to undercover operatives. They'll make it difficult to adopt mainstream but low key keep it valuable with a stable price. Basically what's happening now.

[Anonymous No.27850751]

>>27848194
Because it takes a degree in computer physics to use it

[Anonymous No.27850805]

>>27850069
I don't think 99.9% of people are capable of even envisioning life without having your money in some corporate giga-bank backed by government promises.
Even in 2021 actually using crypto is still an underground l337 hax0r niche thing only really understood by comp sci autists and eastern bloc hackers -- everyone else has, at best, heard of "the bit coin" but could never tell you how and why it has value.

[Anonymous No.27850851]

People don’t see the value in privacy until it’s too late

[Anonymous No.27851035]

>>27850285
same here except feeling comfy

[Anonymous No.27851040]

>>27848194
The truth of the matter is that
"The average man does not want to be free. He simply wants to be safe"

[Anonymous No.27851166]

>>27850718
>>27850727

this is what keeps coming to mind when I think about it - that eventually it basically becomes "dark money" for feds and fed-adjacent operatives, while being actively suppressed and/or discouraged for public use.

if that's true - does that make it a GREAT investment, or a meh investment? i love what XMR does but it's future seems very shaky to me.

[Anonymous No.27851181]

>>27851040
I know what you mean, but ironically, your money is much safer in Monero than fiat.

[Anonymous No.27851288]

>>27850430
I don't think it's a good investment if you want 10x-100x material, and it isn't by design. It's a medium of exchange, and deflation only encourages holding over spending. It'll be a stable asset for sure. If you want real 100x material, go to defi shit like dex's, liquidity pools loan coins, defi insurance, defi brokerage etc. Those are meant to moon to the stars

[Anonymous No.27851309]

>>27848194
1) utility doesn't set the price, scarcity does.

2) people hold bitcoin and only some of it for XMR when needed. Since people are holding btc and not XMR this results in btc being more scarce thus price goes up relative to XMR.

[Anonymous No.27851459]

>>27850751
This is how bitcoin started.

[Anonymous No.27851566]

>>27848303
Unironically this.

[Anonymous No.27851610]

>>27850751
filtered

[Anonymous No.27851666]

>>27851309
>Utility does not set price
How hard are you trying to be retarded lmao

[Anonymous No.27851705]

>>27850069
new version just for you

[Anonymous No.27851761]

>>27849175
boobas not big enough

[Anonymous No.27851810]

>>27851705
and a downsize to go with it

[Anonymous No.27851888]

>>27848194
>real world adoption than 99% of crypto

Because most people aren't actually interested in hiring hitmen or buying 250 kilograms of cocaine.

[Anonymous No.27851951]

>>27851166
Remember government could do the same with BTC or any other cypto. In fact, It has more incentive to ban the one with higher adoption as that's a bigger threat to the financial system.
Worst case scenario is Monero gets banned in some countries, probably USA, but still maintains value as a anonymous medium of exchange for crypto activities. Even that is a better prospect than the majority of coins.
>>27851309
>Scarcity not utility
Semantics. Utility creates scarcity unless the good has infinite supply.

[Anonymous No.27852134]

>>27851810
ultra final version, no pixels hopefully

[Anonymous No.27852211]

>>27849175
Fuggggggg

[Anonymous No.27852517]

>>27850286
>what's the chance of it being outright banned in the future if/when cryptocurrency becomes mainstream? what would happen in such a scenario?
unironically zero.
You can't ban a p2p cryptocurrency.

[Anonymous No.27852518]

it's privacy focused crypto algorithms make it impossible to interact with defi so money has a hard time flowing to it during the only thing pumping crypto now - farming/yield/staking/loaning defi hype.

[Anonymous No.27852601]

>>27851951
BTC doesn't pose a threat to the financial system. Most people work for big companies or the government itself, and no big company will be paying their workers in BTC anytime soon. Even if they do, you can bet they'll be deducting your taxes straight from your paycheck if you choose to be paid in BTC. Stores that accept BTC will still have to pay sales tax to the gov and will pass that cost on to you in the price. If widespread crypto adoption happens, it will be by the gov and the financial systems rules, and at the end of the day it will look just like the way we handle USD today.

[Anonymous No.27852759]

the mineable aspect makes it prone to dumping as well. many of the shitcoin projects can artificially hold back supply to create big marketcap gains quickly. the big holders of monero are likely botnet miners and/or north korea who may just dump it for usd gains.

[Anonymous No.27852937]

>>27848194
Probably for biz, the FBI fud.

[Anonymous No.27853056]

Libertarian normies are just starting to let go of gold and in like 5 years they will possibly start to understand Monero and PAMP IT. I,m not buying monero for another cycle.

[Anonymous No.27853274]

>>27851888
The range of what's considered socially unacceptable or illegal increases as the grip of our bureaucratic oligarchies grow tighter. You're delusional if you think there's no utility in fully anonymous money for big players and average joes alike.
>>27852601
Even in this highly regulated scenario it still threatens the financial system because It can't be controlled like fiat. Fixed supply is and always was the biggest selling point of crypto. Also, tax laws and regulations are just stuff written in a piece of paper. They can be enforced only insofar as it's physically possible. Which is to say sure, you can put some level of regulation on bitcoin and make it less useful than it could be, but you can't regulate it nowhere near to the same extent as fiat, since the latter is infinitely easier to track and seize.

[Anonymous No.27853669]

>>27851705
>>27851810
>>27852134
blessed frens

[Anonymous No.27853781]

>>27853274
By this logic, physical cash poses an even bigger threat than BTC. But the financial system has an endless list of tricks to stop you from getting paid in cash and hoarding it in your personal safe without the tax man knowing. Tax laws may just be words on paper but the whole structure of government throughout history has been designed to enforce the collection of tax from the middle class.

[Anonymous No.27854388]

>>27851288
I see, thanks. I'm just looking for some place to park my money to protect it from inflation. Monero seems cool with the whole privacy thing so that's a plus

[Anonymous No.27854885]

>>27852134
drop the logo so white isn't peaking out from behind his left eye

[Anonymous No.27854986]

>>27853781
physical cash hasn't been fungible for decades, it all has rfid serial no. encoded in the strip nowdays. even the 50 euro notes. i think USD may not have an rfid serial, but the inflation really fucking kills it

[Anonymous No.27855151]

>>27854885
there you go, changed the name as well

[Anonymous No.27855399]

>>27853781
>By this logic, physical cash poses an even bigger threat than BTC
First off, how does physical cash - assuming you mean physical fiat - poses any threat if it's still a currency controlled by the central bank?
Second, physical cash is becoming obsolete in a era of growing digital commerce. There's no future to any physical money except if it's used to back digital money in the style of silver/gold claims of the past.

>Tax laws may just be words on paper but the whole structure of government throughout history has been designed to enforce the collection of tax from the middle class.
The point is that technologies like blockchain allow you to better dodge the grip of central authorities. Your argument amounts to saying that there's no point locking the doors in your house or owning a gun because a group of thugs can always potentially rob/kill you if they plan well enough. These things add layers of protection and so does BTC. BTC hedges your wealth against inflation better than fiat will ever be able to, It can't be manipulated by a central bank, It gives you more autonomy over funds than leaving the money on a bank and makes it easier to avoid taxes. No matter what government does all these things hold true. All you're saying is BTC won't overthrow government, which I agree and never argued against. But it nonetheless poses a threat to the financial system.

[Anonymous No.27855997]

>>27848194
A bit shaky future, as (((they))) try to crackdown on privacy coins (white supremacist funding!).

[Anonymous No.27856055]

>>27855399
If the authorities want to get you, using BTC to be a bit safer than fiat isn't good enough. You security that's bulletproof.

The central banks can easily manipulate BTC by printing a ton of fiat like they're doing right now and buying it all up. They have the advantage that the normie world still runs on fiat, and they control the supply of that. At the end of the day, BTC is still useless in daily life, regardless of what the delusional posters on this board believe.

[Anonymous No.27856134]

>>27850092
Monero has fixed inflation to avoid excessive fees to attract miners. New Monero will be mined forever. But new coins are mined a linear rate, which means the inflation rate will infinitely approach zero (the .6 block reward represents a smaller and smaller portion of the money supply).

[Anonymous No.27856273]

>>27855151
perfect bro, now i will use it forever.

[Anonymous No.27856296]

>>27850286
It literally can't be banned. As long as there's a coin that's seen as both legitimate and has any modicum of freedom (free exchange and no whitelist/blacklist of coins), operation of and exchange to Monero will be possible.

[Anonymous No.27856325]

>>27848194
anyone that doesn't have the balls to hold at the very least two digits unit of xmr should off himself rn btw
I'm a broke student and even I can afford the bet.

[Anonymous No.27856457]

fking dissapoints me how i bought big on xmr in 2018 when it was 290$ then it dropped... i had so much confidence in the coin being the top. havent sold and plan to buy when goes back down. Never even knew about the blackmarket shit behind it either just felt that it was special cuz the xtra long hash key.

[Anonymous No.27856462]

>>27856134
yeah that was a brainfart on my end, i was fucking baked

[Anonymous No.27856790]

>>27852601
If enough governments dropped petrodollars as a world reserve currency and migrated to bitcoin, it would be a disaster for the US. The value of bitcoin would also go interstellar.

[Anonymous No.27857102]

>>27853274
>Fixed supply is and always was the biggest selling point of crypto.
I'd argue the biggest selling point is the lack of trust. Fixed, immutable rules mean that even if you have central authority and grant them permissions, they can only exercise that which they have been explicitly given. Blockchains are the final form of the ideals espoused by the Founders: governance by immutable law.

[Anonymous No.27857201]

>>27856055
Imagine being financially illiterate enough to think that hoarding money is equivalent to counterfeiting.
Even assuming central banks buy a massive stack of bitcoin they are not inflating the currency because the supply is not increasing. If anything this will deflate - increase the value - of BTC by pumping its scarcity up.

>They have the advantage that the normie world still runs on fiat, and they control the supply of that
The whole discussion was done under the assumption of widespread crypto adoption. You're moving goalposts.

[Anonymous No.27857246]

>>27855997
who gives a shit? Atomic swaps are coming

[Anonymous No.27857251]

>>27848194
because the price you see on XMR is the actual inflation in the world...

[Anonymous No.27857348]

>>27856134
not linear, fixed. linear would imply a percentage of supply, but monero has a flat .6xmr tail emission

[Anonymous No.27857449]

>>27848194
flithy pedophile, terroist and drug dealer coin

[Anonymous No.27857750]

>>27848194
Because the big players aren't using it yet. Monero will become the reserve currency of underworld. It will become a tool to hide large amounts of wealth.

If Bitcoin is the light, Monero is its dark counterpart. Reminder that when dealing with illicit transactions, losing a part of your money is better than having it all apprehended by government.

[Anonymous No.27857932]

>>27848194
Good coins take longer to pump. Monero dosint have the marketing nor does it want the marketing of other coins. XMRchads know they got the best coin and want more so if people dump it we happy and stay quiet. Grayscale knows this and grayscale wants to become MONGREYOSCALEchad so they made a monero offering. get inbefor elon makes a monero post and sends us to the moon

[Anonymous No.27858127]

>>27857750
>tfw shes famous now

[Anonymous No.27858311]

>>27849175
like this?

[Anonymous No.27858336]

>>27858311
UOOOOHHHHH

[Anonymous No.27858417]

>>27857348
Linear is y=mx+b
The slope, m, represents inflation in Monero. Once rewards stabilize, you have the rise, block reward, and the run, block length. m = (0.6XMR/1 block)
I believe it checks out. Once the reward stabilizes, you can consider the pre-final reward supply as b, x is n blocks post finalization, and y is the new supply.
If there were 100 coins in existence before the first .6 reward, you could express the supply, and inflation, with y=mx+b.
First block is y=(.6XMR/1 block)(1 block) + 100XMR = 100.6XMR
Second block is y=(.6XMR/1 block)(2 block) + 100XMR = 101.2XMR
Third block is y=(.6XMR/1 block)(3 block) + 100XMR = 101.8XMR
And so on. It's linear. Fiat currencies typically aim for compounding inflation, where it's a percentage of the current supply. With Monero the supply increases linearly, and instead of the 2-3% (lol yeah right) inflation you get with fiat, it approaches 0% inflation.

[Anonymous No.27858431]

>>27858336
She's Misogi from Princess Connect, in case you want to see more pics of her.

[Anonymous No.27858437]

>>27858311
She’s cute!

[Anonymous No.27858550]

>>27850285
Imo there is no question whether or not it will pay off. I, being just a random anon, am autistic enough to sift through etherscan wallets to connect in/out transactions and base investment strategies off of that. I fully expect there are people looking at my shitcoin trades and I sure as hell hate people going through my shit. Privacy is always in demand.

[Anonymous No.27858665]

Hidden inflation bug due to private blockchain, jts why price doesnt increase, constant selling from bug abuser

[Anonymous No.27859065]

>>27850430
no, monero is probably the safest gainer in the crypto space right now. as the other anon said, don't expect a 100x, but it's all im throwing fiat at personally.

[Anonymous No.27859089]

>>27858311
>>27858431
Is this the cunnyswap coin i heard about a couple days ago?
Based cunny bros

[Anonymous No.27859190]

>>27858417
well if you're doing math for fun, can you calculate the rate of inflation for the first year after tail emissions kick in? just out of curiosity. i personally can't into math, but I read somewhere that "xmr will still have a lower total supply than btc 10 years from now", this is low enough inflation for my standards

[Anonymous No.27859275]

>>27851810
Thx fren

[Anonymous No.27859620]

>>27848194

I like to think after mainstream adoption of normal crypto and a greater price stabilization through accumulation by the rich through business activity rather than speculation... Only then will privacy start to be of a concern and then you'll see privacy coins outpacing your average crypto.

Not that XMR wont track steady growth to $500-1000 while BTC goes from $100k to $500k

[Anonymous No.27859861]

>>27848393
>no marketing team to pump it, no cred as a speculative asset. The money that props Monero up to the degree that it is is 100% use-case money, not speculative holding. There are very few "hodlrs". Money is bought, money is paid
why did bitcoin break out of its bear phase in 2014-2015, then? literally all of what you said applies to bitcoin back then. depreciating price for months, money is bought, money is paid, drug-dealer coin.
sure wish i bought more back then, though.

[Anonymous No.27859911]

CIA FBI AND ALL OTHER INSTITUTIONS TERROIRIST, NEVER NEEDED CRYPTO FOR AN ENDS. THEYVE GOTTEN THIER REACHAROUND THE GOVERNMENTS EONS BEFORE XMR. OF COURSE XMR CAN BE USED BY THEIR MEANS BUT PEOPLE ON THE LOW CLASS NEED SOMETHING LIKE THIS FOR PERSONAL FINACIAL FREEDOM TOWARDS THIER OWN PRODUCTIONS OF LIVELIHOOD...THINK ABOUT IT IN TERMS OF BEING TAXED ON ANYTHING YOU DO IN LIFE THAT GRANTS YOU PROFIT BY YOUR GOVERNMENT...ELITES SIDE STEP THIS YOU CANT. XMR ,DASH AND ZEC CAN EVEN THAT PLAYING FIELD...

[Anonymous No.27859961]

attention market-makers: i am literally never selling my freedom. get fucked.

[Anonymous No.27860091]

>>27859861
> why did bitcoin break out of its bear phase in 2014-2015, then?
Because eventually the organic growth snowballed into a speculative frenzy. It also helps that regulation concerns were softened over time.
> sure wish i bought more back then, though.
https://mobile.twitter.com/binaryFate/status/1345417438540738560
See that Twitter status. It’s literally you, retard.

[Anonymous No.27860162]

>>27860091
Oh wait sorry, I misinterpreted your post and assumed you were fudding.
In general though, we just need to wait until the growth becomes something that can’t be contained.

[Anonymous No.27860181]

>>27848194
Its last gen tech in an environment with lots of newer entrants. It has a very slow tx time. Governments actively fudding. The black swan that makes normies start appreciating privacy in financial transactions hasn't happened yet.

[Anonymous No.27860458]

>>27849175
>nigger lips

[Anonymous No.27860666]

>>27859190
https://www.getmonero.org/resources/about/
18.132M coins in May 2022.
Constant 157,784.76 XMR increase (.6 per block, one block per 120 seconds, 31556952 seconds per year) per year after that. 0.87% inflation that first year. The inflation rate would then approach zero as time goes on. It'll take ~18 years to get to bitcoins 21,000,000 (2040).

[Anonymous No.27860729]

From an actual early adopter of crypto:

- The world Monero exists in is not equal to the world Bitcoin exists in. Bitcoin's existence makes Monero's usage heavily skew towards the usages that need privacy, and since average people don't care, it disproportionately puts Monero in a bad light, drugs, CP, mining malware, ransomware. This is going to be almost impossible for them to shed because unlike Bitcoin it's not dominated by investment/store of value utility, but payment utility, which will always skew towards the activity that needs privacy.

- Monero is fundamentally a utility coin, which means it's value is driven entirely by utility. Almost every single altcoin is a utility coin, because without their differing technology, they don't have a place in the market to compete with Bitcoin. It would be like having 8,000 Litecoins, clearly not sustainable. Because of this, it's almost impossible for Monero to ever become a store of value, or attain any store of value properties, and as we know, payment/utility coins do not have the same gravity effect on capital that Bitcoin has, and rightfully so.

- The biggest factor though is the way crypto is going, base layers are becoming less important, which is a dangerous president for all altcoins, because the base layer is their entire product. This is especially so for utility coins, slightly less so for Ethereum, but it's still a concern even for Ethereum, as L2 networks could turn out to be an existential threat, through fragmenting the network effects of the chain, or subverting Ether through a layer becoming super dominant, weakening security. For Monero, layers eat into it's core value proposition. If Monero needs a layered network to scale (it does, as do all decentralized blockchains) the value of privacy on the base layer becomes increasingly diminished, especially since any L2 network on Monero will need equivalent privacy to it's base layer, causing them to effectively cannibalize their own advantage.

[Anonymous No.27860805]

XMR 130-135 $ respectivly, what are the odds of us seeing this position again?...my buy entry.

[Alitus No.27860877]

yo, cool pump I passed by
need help mates, someone uses Bot Ocean project?
worth investing or better to check for other bots?
wanna test trading with algorithms and tools

[Anonymous No.27861146]

Dont buy this shitcoin
Turtlecoin is 24x more secure, read the v2 whitepapers

[Anonymous No.27861714]

>>27860805
it wont matter if you bought at $130 or $200 in the long run

[Anonymous No.27861725]

>>27848194
Because its main upside is money laundering.
People don't hold this shit.

[Anonymous No.27861739]

Privacy is great but imagine if you held AAVE last year instead of this

[Anonymous No.27861749]

>>27855997
Centralized exchanges won't exist in two years.

[Anonymous No.27861900]

>>27858550
>etherscan wallets to connect in/out transactions and base investment strategies off of that
Tell me more about your strategies autismo man

[Anonymous No.27861936]

>>27861749
The vast majority of money will always move through trusted exchanges. Fiat pairs are critical for any non-shitcoin trader.

[Anonymous No.27861942]

>>27861146
vaporware

[Anonymous No.27862007]

>>27861936
>trusted exchanges
And centralized exchanges can't be trusted, you're starting to get what this is all about

[Anonymous No.27862104]

>>27861900
Watch what moves big wallets are making.

[Anonymous No.27862219]

>>27862007
No, you're vastly underestimating what big money actually needs. The on and off ramps are the most important part of an exchange, everything else is code.

[Anonymous No.27862297]

>>27861936
Not an issue as long as decentralized exchange is possible. This is why bitcoin fungibility is such an issue. As long as you can freely trade bitcoins and then deposit them to a centralized exchange, you can easily move money from XMR to fiat, assuming XMR is banned on exchanges.

[Anonymous No.27862325]

>>27855151
Saved

[Trader_kamikaze No.27862394]

a Brazilian starting to buy monero!

[Anonymous No.27862456]

>>27860729
>This is going to be almost impossible for them to shed because unlike Bitcoin it's not dominated by investment/store of value utility, but payment utility, which will always skew towards the activity that needs privacy
But what happens when the governments start to crack down on crypto and people actually need those anon coins just to safely get in/out of crypto, without doing anything shady

[Anonymous No.27862537]

>>27848194
Anyone in crypto since 2015-2017 knows that fundamentals mean close to nothing in this market. No one gives a fuck about the tech or usage. It's all about hype and marketing. Unfortunately, Monero will always be known as the pedo coin. If you want to make money invest in something else. This will 2x in the next 2-5 years at most.

[Anonymous No.27862721]

>>27861900
As >>27862104 said. Also sorting by recent erc20 txs and identifying tokens I'm unfamiliar with and researching about them.

[Anonymous No.27862832]

>>27862537
"Fundamentals" mean nothing but my anecdotal babbling does! I think you should be saying that nothing (or very little) in this space makes discernible sense in advance and is all hype, bullshit and randomness, with a small fraction of reality. So XMR could moon tomorrow, you're not the arbiter of the market (despite pretending to understand the psychology of the masses), if you were then you'd be a billionaire multiple times over.

[Anonymous No.27862901]

>>27862456
If governments crack down on cryptocurrencies, Monero's shady image will be the least of their problems. I don't foresee a world where cryptocurrencies are banned globally, and Monero sustains a valuation significantly higher than it is today, especially as that would be the black swan catalyst to accelerate Bitcoin's attempts at on-chain privacy and/or second layer privacy. It's much more likely that Monero becomes a sacrificial lamb for regulated" crypto, and it's seems like it's already happening.

[Anonymous No.27863061]

>>27862901
you don't need binance to get monero you know?

[Anonymous No.27863136]

>>27862901
You can't make blanket statements in regards to the government, we're talking about hundreds of governments which will all regulate crypto in unique ways. There will be a legitimate place for a coin like that, in some countries, surely

[Anonymous No.27863474]

The only three coins I believe in are:
1) Bitcoin because it's the first crypto and the most popular
2) Monero because of the privacy - number of users is growing
3) Ethereum because of smart contracts

The rest is pump and dump garbage that are no better than bets

[Anonymous No.27863579]

>>27863136
True, there are many reasons for Monero to remain a niche in the world of crypto, but the problems that occur if it becomes mainstream or highly used are the same ones that create existential threats for all payment coins.

[Anonymous No.27863589]

>>27863474
I WOULD LIKE TO PUMP AND DUMP HER IF YOU KNOW WHAT I MEAN
CHECK MY DUBS

[Anonymous No.27863722]

>>27863589
u miserably failed

[Anonymous No.27863732]

>>27863589
almost

[Anonymous No.27863849]

Oxen is going to be the successor to Monero. Faster & more anonymous as a currency and the best encrypted messenger tech-wise (Session) that utilizes decentralized servers & onion protocol is built on the oxen network.

They just dropped plans to monetize a premium version of Session while keeping core features fee to mitigate strain on the network and increase value of Oxen.

[Anonymous No.27863856]

>>27863474
The metrics for on chain transaction are actually something I've been concerned about for a while, given the best attack on Monero to date is simply spamming transactions and logging your UTXOs, meaning when somebody makes a transaction, you can drastically cut down on the effective ring signature size. I've never seen much discussion about this, though it seems the developers are quietly concerned given their intention to massively increase the ring size in the future.

[Anonymous No.27863928]

>>27859089
>Is this the cunnyswap coin
yes

[Anonymous No.27864021]

>>27863849
>shitcoins popping up claiming to be the next XMR

Is this how bitcoiners felt when shit like LTC came around?

[Anonymous No.27864163]

>>27848194
because i like keeping it around 100 GBP so that it's easier to know how much it is in fiat
pic rel

[Anonymous No.27864172]

>>27849175
we already have one

[Anonymous No.27864359]

>>27863474
Swap Ethereum for Link. Also Bitcoin is just shit.

[Anonymous No.27864476]

>>27864359
What is Link without Ethereum? Every other chain that has any need for off-chain oracles is building that functionality into their own blockchains.

[Anonymous No.27865019]

>>27864359
Link is shilled way too much on /biz/ to be totally legit on the long run. Bitcoin is shit indeed, but it's the normie cryptocoin and it's often used to buy other cryptos

[Anonymous No.27865411]

>>27863849
>They

[Anonymous No.27865515]

>>27848194
Because it's not a meme. People want to see some frog coin go 30k% in 6 months.

[Anonymous No.27865594]

>>27848559
Based. This is how you end up a millionaire at 50 as opposed to a 25 year old that has to go live with mom and dad after you blow through 100K you made "investing" in shiba or doge.

[Anonymous No.27866252]

>>27862537
Prob more like x5 looking at the price historically. Still not bad.

[Anonymous No.27866547]

>>27859961
based

[Anonymous No.27867202]

Everyone can see what you have purchased if you use Ethereum.

[Anonymous No.27867419]

>>27849175
>>27864172
i made one

[Anonymous No.27867874]

>>27867419
Post nudes

[Anonymous No.27868214]

>>27866547
Someone should create a twitter bot doing this all the time

[Anonymous No.27868270]

>>27867419
"MMM" is right. Come to papa.

[Anonymous No.27868284]

>>27868214
>>27867202
was meant for this

[Anonymous No.27868528]

>>27848194
Just wait....

[LebAnon No.27868548]

>>27850117
based
https://www.youtube.com/watch?v=QrHsFZBab4U

[Anonymous No.27868691]

>>27848194
Because it has more utility and real world adoption than 99% of crypto.
So it trades based on that not hype.
You should own some not because it will pump, but because it's one of the only assets in the world you can truly own in a completely anonymous sense.

[Anonymous No.27868743]

>>27867419
Lmfao

[Anonymous No.27868744]

>>27848194
Because it's the scammers crypto of choice

[Anonymous No.27868863]

>>27848194

[LebAnon No.27869299]

>>27858127
based

[LebAnon No.27869399]

>>27862394
based as tits