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29050401 No.29050401 [Reply] [Original]

For all of its supposed benefits why hasn't this thing really mooned yet? Why is its mkt sitting around 5 billion?

>> No.29050622

>>29050401
Because you bought it and God hates you.

>> No.29050785

>>29050401
What >>29050622 said, although a secondary factor is that Monero is a stablecoin and doesn't like to be too volatile. A 2x in this short of a timeframe is unironically great performance, you just seem impatient.

>> No.29050822

>>29050401
>doubles in value
kek

>> No.29050914

>>29050401
The usual suspects hate this coin. They will do anything in their power to keep her down

>> No.29051045

>>29050401
because it always lags behind the bull market but slowly catches up

buy now and stop asking questions

>> No.29051064

>>29050401
>For all of its supposed benefits why hasn't this thing really mooned yet?
>>29050785
this, performing like an actual currency
besides, more time to acoomulate

>> No.29051356

>>29050401
monero doesn't need to have short term moon mission price action
it's used frequently and consistently improved upon without constant shilling to artificially generate hype for bag dumping
just comfy hold for 5-10 years

>> No.29051554
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29051554

>>29050401

regulatory risk... if you think governments will fully accept crypto including XMR, you should hop in.

>> No.29052444

>>29050401
Sell it pussy. I know you won’t

>> No.29053221
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29053221

>>29050401
>>29051554
How much of a bullish thing you guys think atomic swaps are?
I mean, once you have atomic swaps between xmr and btc or eth I won't be affected too much by exchanges blacklisting it or governments trying to ban it.

>> No.29053453

>>29053221
only a little. You might even see exchanges blacklisting BTC addresses if they have been associated with an XMR atomic swap
I still hold XMR btw

>> No.29053746

>>29053453
if bitcoin starts getting blacklisted based on its tx history then that only strengthens the case for monero imo

>> No.29054479
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29054479

>>29053746
>if bitcoin starts getting blacklisted based on its tx history then that only strengthens the case for monero imo

Starts? Its been happening since 2018.

>> No.29054772

>>29051554
> He thinks crypto was created to have government blessing
ngmi

>> No.29054940

>>29050401
I think drug markets have gone down. Is silk road still up?

>> No.29055128

It sounds kinda foreign, and not in a good way. Plus why should you buy this when you can buy litecoin?

>> No.29055220

>>29050401
Monero always pumps late, the recent “pump” was just a catch-up

>> No.29055263

>>29053221
I think atomic swaps are bullish, but not as much as some other people think. We might see a short term spike vs BTC once atomic swaps are implemented from cypherpunks and shady people waiting to get out of BTC anonymously. This might raise Moneros price a couple of percents in sats, but will realistically be a short term blip. I think after that there will be steady adoption of XMR as the premier anonymization method for BTC, as coinjoins are more expensive, result in less fungible BTC, can only mix fixed sizes etc. During this time people will see how Monero outclasses Bitcoin in every metric other than network effect, and there will be more steady organic growth.

>> No.29055304

Monero always pumps right before everything crashes. Prove me wrong

>> No.29055491

>>29054479
is my favorite racist friend simulator podcast on that list yet?

>> No.29055643

>>29055304
let it all dump. i want to buy in cheap.

>> No.29055809

>>29051356
based
>>29050914
they seethe when they see XMR anon

>> No.29055813

>>29050401
There's literally no need for privacy right now except for buying drugs from time to time. Most of us don't even use crypto for daily transactions and are in it for hodling and making money. There's no reason to accumulate XMR. Just buy some during times you want to buy stuff under the table online.

>> No.29055890

>>29050785
>you just seem impatient.
said the tall man in the tailor hat, standing perfectly straight in his pinstripe suit, glancing over his shoulder at a nervous anon sitting in an expensive leather subrex, clenching at the ends.

>> No.29056103

>>29055813
just shut the fuck up you absolute brainlet faggot

>> No.29056185

>>29053453
I swear in 2015 when I got into bitcoin people were calling it drug money and saying governments would never allow bitcoin and now look at it. Same thing will happen to xmr. Buying xmr now is unironically like buying btc at these prices. Yes btc can be traced but if you never reuse addresses you can be pretty fucking private. Also govs can't stop xmr either so they will get fucked. Xmr is true freedom and is slowly becoming Biz's new coin, the amount of xmr threads are growing while link threads are shrinking and on top of that, people actually know what xmr does unlike link.

>> No.29056311

>>29055813
See my other post I forgot to reply to u >>29056185

>> No.29056343
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29056343

I might buy some tomorrow. Should I? Are we entering the dawn of crypto or is this another random pump? Am I too late for XMR?

>> No.29056440
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29056440

>>29055491
>is my favorite racist friend simulator podcast on that list yet?

Could be. https://www.treasury.gov/ofac/downloads/sdnlist.txt

Incidentally, I checked and there is 1 XMR address (listed twice) on that blacklist. Unfortunately for the US government, XMR transactions aren't traceable like Bitcoin's are so blacklisting XMR addresses is utterly pointless.

>> No.29056540

>>29056343
You are absolutely 100% in the spotlight of getting dumped on if you buy now. I have been following XMR prices these past few years and the pump lately is highly inorganic and unnatural. Let the price back down to around $170 and don't let your fomo make you spend more than you should.

>> No.29056905

>>29055813
No NeEd FoR pRiVaCy
>>29056343
DCA brother, be a proud Monero bull

>> No.29057261
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29057261

>>29050401
people with more power and resources than you are shaking you out.
just like bitcoin, they realize the best way to control such an asset is to shake out, accumulate, and price out all of us.
all you have to do is buy 1.87-18.7 - whatever you can afford - but these amounts are the same proportional network share as 2.1 bitcoins and 21 bitcoins, respectively.
you're an absolute retard if you don't hold AT LEAST 1.87 monero, assuming you're not impoverished.

>> No.29057364

>>29053746
>if bitcoin starts getting blacklisted based on its tx history then that only strengthens the case for monero imo
he doesn't know....

>> No.29057429
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29057429

>>29053746

>> No.29057678
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29057678

>>29057261
>>29050401
seriously though.... you people REALLY think it's a coincidence that bittrex, a literal nobody-exchange in 2021 with <1% of XMR volume, delists monero at the beginning of the year, the same month that grayscale announces their reservation of the XMR fund name?
and then a month later we have more than doubled in price?
how fucking stupid are you people? watch what the rich do, not what they say. it is that simple. and all of this is going to look SO obvious in hindsight, people will rope themselves for ignoring the most obvious bitcoin replacement that has been around since 2014 all because "I already missed out, it's worth hundreds a coin!" - it's sad, really. I hope some of you smell the bacon.

>> No.29058078

>>29054940
monero is the only accepted coin on the white house market, which is the biggest on the dark web, if i recall correctly

>> No.29058180
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29058180

>>29058078
>monero is the only accepted coin on the white house market, which is the biggest on the dark web, if i recall correctly

Correct.

>> No.29058252

>>29055128
>It sounds kinda foreign, and not in a good way. Plus why should you buy this when you can buy litecoin?
1) faster block time than litecoin
2) cheaper average fee than litecoin
3) private by default
4) atomic swaps fully funded for this year while litecoin has been "implementing privacy soon!" for years
litecoin is basically just a live sandbox for bitcoin. walking away when charlie lee did was the smartest thing i ever did.

>> No.29058318

>>29057261
What happens with Monero's bloated chain size if it's already starting to be a problem and number of transactions is only 6% of BTC?

>> No.29058628

>>29058252
>all this hogwash that nobody cares about

99% of buyers only want one thing: coin goes up, has a good name+logo

>> No.29058696

>>29055643
Agreed brozzer

>> No.29058699
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29058699

>>29058628
ok buddy, go back to making polluting /biz/ with shitcoin threads

>> No.29058728

>>29058318
CLSAG is reducing block size required
https://www.getmonero.org/resources/moneropedia/clsag.html
it's a relatively mediocre improvement, but it's still an improvement and i'm sure we'll be seeing more in the future

>> No.29058779

>>29050622
Based and Christ pilled
OP jewish

>> No.29058841

>>29055128
It's esperanto for "coin".
Esperanto is an artificially constructed language that was designed to be a new universal language.
It was also used as the roleplaying language of the enemy in military wargames during the cold war, think of that what you will

>> No.29058905

>>29050401
Because it's only used for black market purposes.

>> No.29058936
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29058936

>>29058699
Sorry that's the truth

>> No.29058947

>>29050401
just buy PirateChain
thank me later

>> No.29058951
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29058951

I have 1k available, should I throw it at Monero or AVAX?

>> No.29058957

>>29058318
>What happens with Monero's bloated chain size if it's already starting to be a problem and number of transactions is only 6% of BTC?
who says it's a problem besides you? fees have already been reduced 90% and you can run a pruned node.
*ahem* next question please!

>> No.29059126

>>29058628
>all this hogwash that nobody cares about
yes i'm sure grayscale will ignore all of these metrics anon you are so smart! short monero!
>retard
furthermore, please take a glance at xmr/usd weekly - i believe "line go up" is in effect in any case :)

>> No.29059160

>>29050401
because most of cryptomarket volume is fake and the locomotive - bitcoin - was overtaken by chinks and jews. They are only interested in centralized, regulation-friendly scams.

>> No.29059595

>>29058951
AVAX is down hard right now because their devs fucked up, so its probably the better short term buy
XMR has better fundamentals all around though

>> No.29059709

>>29058905
>Because it's only used for black market purposes.
And using this same logic in 2011-2015 would have acquired you how many cheap bitcoin, exactly?
>that's right, zero: you'll buy monero when the media tells you it's "safe" like a good prole