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/biz/ - Business & Finance

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52627005 No.52627005 [Reply] [Original]

Is it BTC? ETH? Some other shitcoin?
Gold? Silver?

Apart from real estate, for stocks it has to be GME or TSLA. We are in control lads.

>> No.52627678
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52627678

>Bitcoin was once trading for under $1.00
>30% of all GameStop shares are owned by retail traders and are held off exchange
>GME is unironically the new BTC

>> No.52627764
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52627764

>>52627005
>What asset is most owned by retail?
Easily XMR

>> No.52628278

>>52627005
kek baggie

>> No.52628379

>>52628278
>shit color ID
lol, lmao

>> No.52629361
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52629361

>>52627764
Not true whatsoever. I love XMR and it's the only crypto that I can see value in but it is definitely NOT the one most owned by retail. You shouldn't feel the need to lie to shill our currency.

Retail investors barely know how to get bitcoin from a CEX, where they usually just leave it. They don't even understand what it does or why it's so shit as a currency (I could write a long list of reasons and it wouldn't be exhaustive). They definitely do not know how to buy Monero when it isn't on their exchange. DEXs don't exist to them and atomic swaps are hard to use without a fancy GUI to click buttons on. Simply put, retail is not competent and Monero requires some competence to set up for safe self custody and to actually acquire.