XMR is literally the next BTC. Unironically. It is the true expression of "digital cash" and everyone will prefer privacy over global surveillance once they understand what BTC really is. Why the fuck would I want every transaction I make be viewable by everyone in the world? You have no idea how big of an opportunity this is. Literally the next BTC available for under $350.
Holding Monero instantly reveals how much of a shitcoin virtually every other crypto is. Try it out!
Because it's an actual form of currency, it will never moon like bitcoin did
a global private medium of exchange that has strong advantages against literally every other form of money in human history won’t moon
I disagree. BTC may have manipulated its way to 100k and higher, but it still paved the way for crypto valuation. Monero’s inherent value will cause it to rise and rise. Maybe instead of overnight bulls it will just be a gradual rise to 10k and beyond. Except for the occasional 9+ figure “hacks”.
Muh alt coins
This time will be different
Don't be retarded anon. Don't do it
premined scam
buy my shitcoin, please
NIGGA HEIL HITLER
XMR is what BTC wanted to be before it became a "store of value" held by governments and banks. It will be er moon but it will be very useful and everyone should mine it.
Never moon*
You omitted decentralised from the criteria, presumably because you know monero isn't, and it is trending towards centralisation all the time.
Can't read award
see
If Monero is centralized then there is no such thing as decentralization. Uncoupled from both ASICs and bullshit PoS, Monero is the most decentralized crypto possible.
I don't think XMR will be compliant in the new system so it will only be used as an "off-grid" coin (big use case). Of course It will rise in price and $10k seems likely, I thought you meant it would be the same price as BTC.
I thought you meant it would be the same price as BTC.
I think that's possible. It's the only coin that has a shot at unseating BTC for the top spot. The question really comes down to what is more valuable:
corrupt, manipulated speculation or
legitimate economic activity plus speculation
In today's world BTC wins. But as more people become aware of the corruption -- and as fiat and US hegemony dies -- I think XMR wins in the end. It's not a small detail that BTC's subversion has tied it more and more to dying fiat.
I bought 1233 xmr back when it was $10.
I really think it can take off but it may take a crisis in Bitcoin for that to happen
I don't think BTC will be number for long, the cryptos the new financial system will be running on will be up the top. When BTC isn't on top anymore I think it will just crash and take out all useless coins with it (the only thing it has is it's number 1) XMR has a good chance of sucking up some of that liquidity. There won't be many coins left but XMR will be one of them for sure.
I could be wrong obviously.
This thread is filled with retards that can't even make basic sentences
HOLy bullish, circulating supply will reach equilibrium unlike BTC which has to deal with satoshis of satoshis of satoshis… in the *far* future
Why bother making such an obviously incorrect statement?
muh next bitcoin
lmao
Absolutely bullish on the XMR love lately.
Anon Babble, reddit, Twitter, bluesky
Xmr is in the spotlight.
SEETHE
my delisted coin will surely break it's 2017 ATH
lol
As someone who loves XMR I can tell you why XMR will be rendered garbage because of glownigger government regulations.
Most jurisdictions already banned XMR from exchanges and payment providers which means soon you won't be able to sell your XMR on an exchange or even buy shit. I know what you're going to say now: shady offshore exchanges like exch (which got busted now) or P2P ones like Bisq. Nice, now you'll get tained crypto for your XMR which won't be redeemable anywhere because it will trigger AML security checks and put you into a position where they'll accuse you of money laundering. What else is there? XMR to cash and vice versa. Fucking nice, apart from the constantly raising chance of getting into an armed robbery situation for a couple of hundred bucks you now have to explain where the cash comes from if you actually want to buy something significant with it.
This is what this whole thing is leading to and you can thank your fucking goverments and NPCs for it because NPCs hate the fact that people made money with this shit.
nice Y axis
wownero is 100% superior to monero. however thinking the cattle and their master will prefer absolute anonymity is peak delusion.
also monero isn't a+ "verifiable". you can tell the guy who made this chart has no clue.
LOL Monero is complete shit compared to BEAM...massive size blockchain that actually records all your transactions. BEAM does not.
Tell us how you plan to pass off counterfeit XMR
can i have one? how do you store that much and dont you get worried?
While Monero has been delisted in many situations, it has also been listed in other exchanges. Your jump from "already banned from exchanges" (which is exaggerating, as it is still available in numerous places) to "and payment providers" is also retarded as Monero is still usable in literally every place that Bitcoin is usable. An exchange not listing Monero is not "banning" it's use as a peer to peer cryptocurrency.
Monero is trivial to receive through coinswaps such as embedded exchanges in cakewallet or one of the numerous sites on kycnot.me. Monero is also simply used, which is why transaction data is so strong for it in available market data.
, it has also been listed in other exchanges
where? i wasnt aware it has recently been listed anywhere all ive seen is a steady delisting. its stil available on a few exchanges but the number keeps shrinking
hiding from a memetic parasite
Slavemind. Transparency is a feature not a bug in systemic economic units of account.
letting the entire world track every transaction you make is a feature
The irony of saying "slavemind" is just incredible
Yes, slavemind. They can already track all your transactions, you can’t see theirs at all. Complete transparency is far superior. You think too small, medium of exchange is easy, we use the hardcore shit USD as MoE! MoE is not the value of BTC, bitcoin’s value is Systemic Unit of Account: Trustless Money.
Physical goods require active force simply to maintain ownership, trust-based assets require trusted third parties (TTPs) to operate them. Storing abstract economic value in either enables negative sum actors (NSAs) to parasite as negative sum actors can specialize exclusively in force, taking physical goods by force and either coercing TTPs, or using force to BECOME the TTP (the origin of State). Positive sum actors had to either reduce their own production to make time for murdering/imprisoning/exiling NSAs, pay extortion to them, or employ positive sum actors specializing in force (police/military), however, as abstract economic value was seizable, there was a constant selection pressure for these “immune cells” to turn malignant.
Hence the cyclic nature of empire/nation growth and decay, positive sum actors build, negative sum actors corrupt and destroy, NSAs are excised & PSAs rebuild from the ashes. As can be seen, PSAs have been at a HUGE disadvantage to NSAs through history, the best “solution” we had come up with pre-BTC was Plato’s Benevolent Philosopher King, a perfectly trustworthy trusted third party, do you have any Benevolent Philosopher Kings lying around? Not a real solution.
But by placing abstract economic value beyond the veil of voluntarity, positive sum actors can reverse the advantage. Satoshi has “fixed the glitch”, NSAs will no longer be able to parasite “so it'll just work itself out naturally”. No force, no confrontation, necessary.
Bitcoin obsolesces coercion, achieving Voluntarism not via an impossible to implement memeshit “non-aggression principle”, but by removing the profitability of force.
You didn’t make the case for “transparency” (read: surveillance) versus privacy (a fundamental right) at all.
Personally I'm for a BTC/XMR split system. I don't believe the government should have access to private spending, let them use BTC. XMR is for the people.
also monero isn't a+ "verifiable".
It's just math
Transparency is a feature not a bug
I don't want to live in a world where the nonexistence of financial privacy is enforced on me.
Are your retarded? The supply of monero will keep increasing until its worth 0
it's verifiable. just run the software
bitcoin is transparent to companies and governments large enough to do chainalysis and correlate data from KYC datasets, but pretty much opaque to the general public. It has the worst of both worlds.
Medium of exchange is not easy to achieve at all. Also, a cryptocurrency that is the best medium of exchange and an adequate store-of-value will eventually become the dominant store-of-value over one that is a poor medium-of-exchange and an adequate store-of-value. Bitcoin doesn't have technical attributes that make it a good store-of-value, it just has technical attributes that make it a bad means-of-exchange.
There is no reason why monero can't function as a medium of exchange while also replacing bitcoin as a store of value. It's a fatal mistake to assume that they're mutually exclusive. They are actually synergistic. Money that is easier to exchange for goods will be a safer store of value, because you can be more confident that you will be able to spend it in the future.
All of your arguments for why bitcoin is necessary, are even more true for monero.
Because the supply of monero is always growing at a linear rate and the token emission is constant, the effect of inflation decreases as a % of the total supply forever. So the inflation rate for monero is always going down.
The reason why inflation is such a problem in the fiat world is that inflation is always INCREASING such that it is measured as a constant % of the total supply.
When you consider the effect of lost coins on supply, you realize that bitcoin's supply rate is dangerously deflationary (to the detriment of its own security).
Because the rate at which coins are permanently lost is proportional to the number of coins in circulation, it becomes obvious through basic calculus that the coin supply reaches equilibrium (pic rel) in tail-emission currencies like monero
this is solved in monero through the use of view keys
If you aren’t running an monero node you are a faggot. If you can do it on a raspberry pi you can do it on your computer. Change my mind.