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55173237 No.55173237 [Reply] [Original]

Why is Bitcoin considered an investment, but Monero isn’t? Don’t they do the same thing, except Monero offers a privacy element?

>> No.55173246

monero supply is unlimited

>> No.55173340

>>55173246
Proof? Or citation?

>> No.55173387

an investment isn't "considered", it's earned
every alt needs to outperform bitcoin over multipl cycles or you're guaranteed to have to sell it back to bitcoin or a fresh alt if you want to stop losing money.

it's not just monero, even ethereum never made a new high since 2017, still underperforming bitcoin by ~50%

>> No.55173402
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55173402

>>55173237
Monero is a shitcoin that never recovered it's ATH back in 2017

>> No.55173412

because governments absolutely hate monero and will do what they can to harm it, investment vehicles need large sums of cash inflow from someone.
monero still isn’t a bad investment, you should definitely keep some and use it for online payments like vpns, game keys or 4chan passes

>> No.55173450

>>55173340
That's exactly the issue, no proof of anything means u can't audit it so you kind of just hope their isn't an exploit

>> No.55173523

It's as much of an investment as buying euros with dollars, just that the moneros are private and can't be cucked.

>> No.55173530

Monero is an investment. Just a historically very performing one so most people do not consider it appropriate of being considered one.

>> No.55173862
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55173862

>>55173340
I like the coin. Good buying opportunity at these levels.

>> No.55174014

>>55173246
>>55173450
>exploited inflation bug was found in bitcoin by adding up block rewards
>noooo monero inflation bugs can't be detected by adding up block rewards because... they just can't ok?

>infinite inflation in ethereum good
>infinite inflation in monero bad

>> No.55174118

>>55173246
The monero supply will grow slower than bitcoin's for your entire life.

>> No.55174143

>>55174118
supply dynamics mean nothing for every alt because the demand for alts is all shared between all of them
the only partial exception is ethereum, but even that didn't matter until it was on track to burning nearly 1% of its supply a year
thats the kind of change you have to make for supply to start to matter vs simple btc/alt price dynamics

>> No.55174180

>>55173237
Network effect

>> No.55174536
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55174536

Reminder that Bitcoin's exorbitant price is not the result of organic real-world supply & demand but is instead the result of 10+ years of orchestrated wash trading by a cabal of schemers who are counting on you to believe the hype and FOMO in every time they initiate a pump.

Reminder that this same kind of market manipulation is how utterly useless dog memes are also able to inexplicably attain multi-billion dollar market caps.

Reminder that price action in a market this spectacularly fraudulent is therefore not truly representative of an asset's actual value and is an inherently meaningless metric.

Reminder that such fraudulent trading is not consistent with long-term growth and stability.

Reminder that Bitcoin is now rapidly losing real-world economic relevance to Monero as *reliable* privacy and *full* fungibility become evermore necessary for truly permissionless crypto transacting. https://moneroinfodump.neocities.org/#MoneroReplacingBitcoin

Reminder that maxipads are delusional bagholders who actually believe Bitcoin can continue losing real-world economic relevance without it negatively impacting the price.

Reminder that those same maxipads will attempt to distract you from Bitcoin's downward spiral with constant appeals to historical price action that, as seen, is inherently meaningless.

Reminder that HOLDING FOR FUTURE PROFIT ≠ ADOPTION.

Reminder that HOLDING FOR FUTURE PROFIT = SPECULATION.

Reminder that actual ADOPTION = sustained & growing utilization by non-speculators as a medium of exchange in a real-world economy for the purchase/sale of goods & services.

Reminder that Monero is the only cryptocurrency that has consistently growing demand from non-speculators due to it becoming the exclusive medium of exchange for cyber-related black market commerce.

Reminder that this growing demand makes Monero the only cryptocurrency with a guaranteed floor since commercial users will continue buying it no matter the price or market conditions.

>> No.55174586
File: 61 KB, 1028x580, 2017.png [View same] [iqdb] [saucenao] [google]
55174586

>>55173387
>>55173402

Go on, tell us more about Bitcoin's spectacular historical performance.

>> No.55174719

>>55174586
>tell us more
just check the charts. crying about "market manipulation" makes no sense when you're talking about alts which have even less legitimate markets than btc does.

you only have a point when comparing btc, the most legitimately traded asset in crypto, with non-crypto assets themselves.

your cope posts and xrp-ification of the monero general tells anyone loo

>> No.55174731

>>55174719
>your cope posts and xrp-ification of the monero general tells anyone loo
looking at xmr that it's gone the way of every other alt of the past decade, a hollow mass of obsessive, overemotional children, with bitcoin living rent free in their heads.

>> No.55174803

>>55173237
Monero doesn't want to be an investment. You're supposed to use it.
The devs openly shit on anyone buying it as an investment.

>> No.55174912

>>55174536
>Reminder that actual ADOPTION = sustained & growing utilization by non-speculators as a medium of exchange in a real-world economy for the purchase/sale of goods & services.
>Reminder that Monero is the only cryptocurrency that has consistently growing demand from non-speculators due to it becoming the exclusive medium of exchange for cyber-related black market commerce.
>Reminder that this growing demand makes Monero the only cryptocurrency with a guaranteed floor since commercial users will continue buying it no matter the price or market conditions

Indeed. And with high interest rate everyone is poor environment, I think we will see things break soon at a banking level and global inflation level… and in the ashes Monero will prosper.

>> No.55175019

>>55173237
1. Bitcoin is launched first, things will be different if Monero is first.
2. Every coin after BTC is paired with BTC, just like every fiat currency is paired with dollar.
USD JPY
USD EUR
USD GBP
Is there even any currency that can defeat dollar ? Even Euro kneels. Same with Bitcoin.

>> No.55175042

they're both investments, but the people investing in XMR are 10 years early

>> No.55175072

Just use Litecoin with mweb.
It has more liquidity and exchange support than monero

>> No.55175108
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55175108

>>55174719
>just check the charts

Charts are merely a reflection of proven fraudulent activity lol.

Bitcoin's price action was fake & gay in 2013, it was fake & gay in 2017, it was fake & gay in 2021 and it will continue being fake & gay until a critical mass of HODLers finally realize what's going on and dump en masse.

>100K EOY!!!!
>crying about "market manipulation" makes no sense when you're talking about alts which have even less legitimate markets than btc does.

lol ALL of crypto is highly manipulated. But only Monero is actually being used for its intended purpose in a growing real-world commercial sector, at the expense of Bitcoin I might add.
>btc, the most legitimately traded asset in crypto

actual lol. Do go on.

>> No.55175200

>>55174536
I like Monero, but you people make me want to hate it.

>> No.55175226
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55175226

>>55175200

>> No.55175266
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55175266

>>55175108
>wall of text of cope
Bitcoin is the only crypto that matters and no amount of schizo cope is going to change that.

Monero is a shitcoin on par with Ripple, Cardano, Waltonchain and Feathercoin

>> No.55175290
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55175290

>>55175266

Wow, very impressive rebuttal of Bitcoin's continued price manipulation.

Still fake & fay, still losing its historical usecase to Monero.

>> No.55175311

>>55175290
>Bitcoin's continued price manipulation.
why do I need to debunk a made up theory?

You're a Monero baggie who thinks they're holding the next Bitcoin but the truth is that after 9 years (which is ages in crypto) the market deemed Monero to be a shitcoin like the rest

>> No.55175391

>>55175108
>muh fraudulent activity
you're living in a dream works, like a tranny, expecting reality to bend itself to your will
enjoy waiting forever, smart money has already won

>> No.55175437

>>55175311
critically monero is finding itself needing to rewrite its entire cryptography to even survive the next five years, yet you have midwits still trying to claim monero's privacy is still acceptable.

when the product is so rotten to the core that doing nothing undermines the one purpose the altcoin even has to exist maybe everything isn't going so swimmingly.

>> No.55175463

>>55173237
They are all good investments but I think BTC only has the first-mover advantage here. There are other privacy tokens like Railgum. The question is that what makes this one stand out? I still think ETH offers a better investment. If we are to speak in general NXRA, XRP, AVAX, and many others are all investments.

>> No.55175620
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55175620

>>55175311
>a made up theory

looooooooooooool, there we go, maxipads have now been reduced to outright denying forensically proven facts.

Yes, there is no market manipulation, its all a grand conspiracy by academia and the LAMESTREAM MEDIA to FUD Bitcoin, maaaaaaaaaaaaaaaaaaan!

Keep it up, genius.

>> No.55175946

>>55173237
monero is ethical software.
You can invest in it if your values align with the projects, but I imagine most people buy it for non-ethical reasons. Sad, but inevitable.
I'd like to own some one day, without using a CEX

>> No.55175964

>>55175266
>Bitcoin is the only crypto that matters
It'll always be at the top of my investment list because it's more widely recognized than others, and there's been rave reviews on major Al analyzers, including tokenmetrics, predicting that the price will soar before you.

>> No.55175968

>>55175620
>we can say
>with NEAR 100% confidence
>that bitcoin's price has been fraudulently manipulated
>
>at some point in its lifespan

I can say with 100% confidence this journal article is pure balls. What a shit

>> No.55175984

Because if the government wants to they can just ban it. It's worthless as an investment because like all cryptos it follows bitcoins movements.
High risk,high volatility,low returns.

>> No.55175990

>>55175984
Regulation by litigation will be futile

>> No.55175998

>>55173237
xmr struggles to pump because it is actually used as a currency. drug dealers have to sell into cash (or anyone further up the supply chain) in order to buy more product. once xmr is used all the way up to the coca plant it might struggle to moon. join the circular economy so nobody has to convert it back into cash if you want to help.

>> No.55176021

>>55175620
>>55175108
>>55174586
>>55174536
>Bitcoin is... le bad... because university professors and journalists say so
LMAOOOOOOOOOOO get a load of this nigger

>> No.55176027

OP is a faggot.

>> No.55176076

>>55175990
you still have to get you're monero and cash out if no exchange is going to hold it or exchange it for fiat than it's borderline worthless. drug dealers aren't going to want a currency that plummets in value every time bitcoin takes a shit.

>> No.55176194

>>55173246
>>55173450
Actual retards detected. The technical "unlimited supply" of Monero is over an infinite timescale. The inflation rate constantly approaches %0 because it is a fixed .6 per block.

>>55173387
>>55174719
>>55175311
>>55175391
>>55175964
Price niggers. If you want to make fiat profits, have fun. If you actually want to change the monetary system and overthrow fiat, Bitcoin can't do it. Bitcoin is simply being co-opted by the institutions and its price is almost entirely meaningless. A speculative asset like Bitcoin that no one actually uses is going to be highly manipulated by the people closest to the money printer. Just like they manipulate the price of everything else.

>>55176076
Peer to peer is already very popular for Monero. Exchanges are suspect for creating paper XMR.

>> No.55176223
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55176223

>>55175968
>I can say with 100% confidence this journal article is pure balls. What a shit

>>55176021
>>Bitcoin is... le bad... because university professors and journalists say so
>LMAOOOOOOOOOOO get a load of this nigger

Ah yes, the standard Flat Earther mindset: when unable to refute, deflect, deflect, deflect!

Anybody can Google the data and you're all encouraged to do so. Reality don't care how heavy your bags are.

>> No.55176230

>>55173237
Monero is made to be used, BTC only use is to hold and hope and hope it goes up.
>>55173412
Govs hate us using it, I'm sure they will be using something similar to do their shady shit.

>> No.55176279

>>55176223
Hello polishnigger. Coinjoin still a shit and lighting network is fake and gay

>> No.55176288
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55176288

>>55176279
>Coinjoin still a shit and lighting network is fake and gay

Based

>> No.55176435

>>55173237
Pretty simple, bitcoin is accepted by all the major financial institutions and has plenty of on/off ramps for fiat to flow into it, monero is designed to have zero accountability which doesn't work in the real world so pretty soon it will have little or no on/off ramps for people to buy/trade it with fiat.

Monero chuds won't admit this but having a completely untraceable currency doesn't work for globohomo inc. and for that reason it will never be as big as bitcoin.

>> No.55176470

>>55176021
it's all they've got left, some already out of date news articles
nobody trusts the mainstream media more than monero baggies, because the msm doesn't report on monero's obsolete cryptography or the spam attacks that are undergoing. they can pretend it's 2016 where ring signatures are still relevant and agencies throw their hands up in the air when someone uses monero.

>>55176194
it's not about price, look at all the metrics you want, monero's slice of the pie has only been shrinking

>> No.55176533

>>55176194
cool so why would I as the drug lord with all the money exchange it for internet token that loses value every month?

>> No.55176535

>>55173237
Both are ponzis

>> No.55176566
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55176566

>>55176435
>Pretty simple, bitcoin is accepted by all the major financial institutions and has plenty of on/off ramps for fiat to flow into it,

"the government lets me have this, I sure hope it stays that way!"


>monero is designed to have zero accountability

"I don't need the government's permission, lets violate some more OFAC sanctions for the lolz"


>Monero chuds won't admit this but having a completely untraceable currency doesn't work for globohomo inc. and for that reason it will never be as big as bitcoin.

lol a truly censorship-resistant payment system that enables routine violation of sanctions will never be acceptable to the State.

So the only way to stay in Uncle Sam's good books is to sacrifice censorship resistance. Really makes you think.

>> No.55176625
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55176625

>>55176470
>because the msm doesn't report on monero's obsolete cryptography or the spam attacks that are undergoing. they can pretend it's 2016 where ring signatures are still relevant and agencies throw their hands up in the air when someone uses monero.

It's over. Somebody alert the darknet before people start ending up in prison!!!!!

>> No.55176679

>>55176533
Because rats are going to eat your physical cash if you don't; it's why they started using paysafecards and eventually crypto to begin with. Also Like it or not this ecosystem doesn't exactly work without fiat to trade against; This is the reason tether exists and why you can still buy crypto with things like cash by mail and money orders.

>> No.55176707

>>55176435
Dumb to say major. Not until there is a clear legal part for crypto major institutions won't accept it.
I just hope we do not lose track of decentralization. Maybe the growth of autonomous cards will do the work.

>> No.55176726

>>55176707
I mean cards like NexeraID. EverestID, and PolygonID are perfect examples.