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/biz/ - Business & Finance

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53214462 No.53214462 [Reply] [Original]

Crushing the bear market, up in sats. Wtf is going on?

>> No.53214488

>>53214462
Fluffypony sold to buy nfts.

Not many sellers yet. Arcticmine, but I think his bag is already mostly cash

>> No.53214636

>>53214488
>source: 4chan degree in /biz/faggotry

>> No.53214701

>>53214462
STOP BUYING

>> No.53214794

>>53214701
No

>> No.53215191

>>53214462
Flight to quality.

>> No.53215195

>>53214462
only crypto thats useful for more than short term gains

>> No.53215398
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53215398

the only viable holds right now

>> No.53215797

>>53214701
sorry anon

>> No.53215864

if you want to talk realistically, only polygon is crushing the bear market since it had the biggest partnerships in 2022, entered the top 10, insane ecosystem growth powering over 53k dapps...

>> No.53216216

>>53215864
shut up faggot

>> No.53216436

>>53215864
>realistically, only polygon is crushing the bear market
Extremely false

>>53216216
Extremely based

>> No.53217319
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53217319

>>53214462
There is no second best.

>> No.53217398

>>53214462
I’ve explained this 400 times. This is the only crypto that is genuinely used in the real world. It’s the currency of the black market, so people will always buy it. Vendors cash out so it’s a constant teeter totter, but that’s how it remains more stable relative to any other shitcoin

>> No.53217619
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53217619

Monero is the only cryptocurrency with a floor that isn't $0 because Monero is the only fucking cryptocurrency that is actually used.

>> No.53217752

Barry’s shorts all pulled now that dcg is bankrupt

>> No.53219228

Comfiest hold in crypto.

>> No.53219517

>>53217619
That's why we will keep buying. I would buy more privacy protocol tokens this year (2023). Set for the next phase of self-custody

>> No.53221548
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53221548

>>53217398
It will also be the only crypto in the world when govs start to ban it or try to go after our tendies when their fucking fiat shit fails

>> No.53221637
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53221637

>>53221548

>> No.53221656

monero is a HONEY POT you retarded faggots how many times do we need to say it?

>> No.53221794

>>53214462
genuine question, what if drugs become legal? even in europe more and more countries opt for legalisation of weed, maybe in future even for some harder drugs. doesn't xmr lose its utility more and more the more drugs become legal?

>> No.53222305

>>53221794
Drugs aren't the only thing you can buy with monero. I've only ever bought steam games and music equipment with monero. And that's only because I'm extremely frugal with it. I could buy a lot more things using coincards or cakewallet's gift card function.

>> No.53222487

>>53221794
>what if drugs become legal?
Doesn't really matter. Monero is going to become big when money becomes illegal.

>> No.53222679

>>53221794
Doesn't have to be drugs. As long as government is run by massive faggots who want to stop you from doing things, Monero will have a value.

>> No.53222903
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53222903

I've been putting 5% of my goodgoy check into XMR for the past 2 years, feeling pretty comfy with my XXX stack desu

>> No.53224262

>>53217319
The creator of Samurai wallet said in an interview that his team was considering using XMR in place of a coin mixer. Basically swap BTC for XMR and back, to cut off the trail.

How would this affect XMR price and adoption?

>> No.53224328
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53224328

>>53221794
So long as governments try to use money and tracking of funds to crush citizens XMR will be useful.

Privacy is a necessary function of cash, doesn't have to be illegal goods.

>> No.53224387

>>53224262
Higher transaction count at the very least. More adoption as people realize that they don't really need BTC that much at the most.

>> No.53224684

>>53224328
100% correct. nobody needs to know what i buy or with who i interact, period.

>> No.53225168

>>53222903
>I've been putting 5% of my goodgoy check into XMR for the past 2 years, feeling pretty comfy
Based