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What's the deal with Monero?
>>
Will only pump after the bullrun, when people cash out
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>>59236667
it's a token that is not needed, now that Bitcoin has coin join, wasabi wallet, lightning network and more to come.

It doesn't even have limit on supply. It is NOT protected by ASICs.
>>
>>59236667
Yes, it's a very good deal. Very cheap right now.
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>>59236667
Where do you even buy this shit? They took it off of everything didn’t they? It’s way too complex for normies. Only druggies are willing to put in the effort to even figure out how to use it.
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>>59236667
2x by eoy
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>>59236705
/thread
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>>59236667
>I mean, it’s the cryptocurrency that’s so private, even you don’t know where your money went! It’s like, ‘Hey, I had some Monero... or did I?’ It’s the digital version of your socks disappearing in the dryer!”
>>
>>59236861
I can confirm. I've been dead for the past 2 years because of Bill Gates's vaccine.
>>
>>59236874
>t. coping for getting vaxxed for no reason
>>
>>59236667
It is the only coin that will pump only based on true usage. Drug dealers on the dark web still need to buy product with cash and so are forced to sell constantly for fiat. Every other coin is speculative garbage. If you want to know what the market growth really is, you look at monero.
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>>59236705
>it's a token that is not needed, now that Bitcoin has coin join, wasabi wallet, lightning network and more to come.
In b4 the market is wrong.
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>>59237039
>BUT WHAT ABOUT DRUG DEALERS?
ah yes, the computer experts. same ones who choose to use windows mostly, right?
seething shill
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>>59237064
>>BUT WHAT ABOUT DRUG DEALERS?
>ah yes, the computer experts. same ones who choose to use windows mostly, right?
>seething shill
So you're saying the market is wrong?
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>>59237097
>So you're saying the market is wrong?
market is usually wrong in picking the best technology
just look at all the fats in USA buying mc donnalds.
same story with monero faggots and other shitcoiners. it's bad for them, but ok their choice lol. still a bad choice.
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>>59237128
>market is usually wrong in picking the best technology
>just look at all the fats in USA buying mc donnalds.
>same story with monero faggots and other shitcoiners. it's bad for them, but ok their choice lol. still a bad choice.
This cope is hilarious on so many levels.
>>
>>59236667

Is used for trading, not as an investment.
>>
>>59237152
the druggie is unable to came up with a single rebuttal!
Expected, to be desuu.
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>>59236667
onramp for wownero
>>
Good currencies are bad investments.
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>>59237246
>the druggie is unable to came up with a single rebuttal!
>Expected, to be desuu.
Nigga, you just said the market is wrong. It was wrong when VHS replaced Betamax and it's wrong now as XMR replaces BTC.
>>
>>59236667
Low IQ bait
>>
>>59237281
>how are you insult the holy market??
lamao idiot
>>
>>59237097
You druggies are the ones constantly saying the market is wrong. "AHHHHH BITCOIN IS A SCAM IT'S ALL GOING TO ZERO THEN MY CHUD COIN AND SILVER DIMES WILL TAKE OVER YEAR TEN OF TETHER COPE".
The drug market isn't wrong concerning drugs. The finance market isn't wrong about Bitcoin. Illegal drugs are the tiniest fraction of the average person's expenditures. For everything else there's cash, credit, stablecoins, and Bitcoin.
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>>59237330
>>how are you insult the holy market??
>lamao idiot
that's right, who cares what the market thinks as long as you know you're a winner, champ!
>>
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>>59237355
>You druggies are the ones constantly saying the market is wrong. "AHHHHH BITCOIN IS A SCAM IT'S ALL GOING TO ZERO THEN MY CHUD COIN AND SILVER DIMES WILL TAKE OVER YEAR TEN OF TETHER COPE".
>The drug market isn't wrong concerning drugs. The finance market isn't wrong about Bitcoin. Illegal drugs are the tiniest fraction of the average person's expenditures. For everything else there's cash, credit, stablecoins, and Bitcoin.
wait, so is the market right now? Or is it still wrong?
>>
>>59237378
You tell me, you're the one always seething that the market is wrong about Bitcoin. I am saying the market is right. The drug market is right about Monero but that market is insignificant next to most people's needs. Financial markets are right about Bitcoin, and having a financial commodity, an ideal money that is a big improvement over gold, is much more important than drugs.
So yes, keep your drug markets and I'll keep all of finance thank you.
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>>59237394
>The drug market is right about Monero
Thank you.
>Financial markets are right about Bitcoin
You are going to be SO rich!
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>>59237419
See? Just be honest and say you don't give a shit about what the market thinks, unless it validates your pre-existing opinions. I say both markets are right. "In the long run, it [the market] is a weighing machine". Both Bitcoin and Monero have been around quite a while now and their value has been accurately weighed.
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>>59237362
>that's right, who cares what the market thin-

# Name Market Cap
1 BitcoinBTC $1.8T$1,796,486,951,689
2 EthereumETH $377.42B$377,417,758,834
3 TetherUSDT $127.65B$127,650,375,397
4 SolanaSOL $112.2B$112,199,749,606
5 BNBBNB $88B$87,997,880,312
6 XRPXRP $61.89B$61,892,832,474
7 DogecoinDOGE $54.04B$54,038,742,211
8 USDCUSDC $37.22B$37,219,304,739
9 CardanoADA $25.81B$25,806,446,399
10 TRONTRX $17.53B$17,525,669,402
11 Shiba InuSHIB $14.36B$14,359,492,083
12 AvalancheAVAX $14.28B$14,275,609,221
13 ToncoinTON $14.03B$14,031,859,504
14 SuiSUI $10.4B$10,398,966,153
15 ChainlinkLINK $9.37B$9,368,509,091
16 PolkadotDOT $8.86B$8,857,529,398
17 Bitcoin CashBCH $8.7B$8,703,623,293
18 PepePEPE $8.45B$8,445,563,243
19 NEAR ProtocolNEAR $7.24B$7,240,835,585
20 UNUS SED LEOLEO $7.13B$7,127,232,329
21 StellarXLM $6.74B$6,738,974,273
22 LitecoinLTC $6.58B$6,580,423,126
23 AptosAPT $6.25B$6,253,316,035
24 UniswapUNI $5.41B$5,408,447,355
25 DaiDAI $5.37B$5,367,561,906
26 HederaHBAR $4.63B$4,633,190,448
27 CronosCRO $4.49B$4,490,398,925
28 Internet ComputerICP $4.38B$4,384,495,908
29 KaspaKAS $4.26B$4,255,953,440
30 RenderRENDER $3.94B$3,937,538,633
(...)
38 MoneroXMR $2.94B$2,936,116,569

>...I.. I... I mean... I.... the m-market....
ahaahahaahaaHAHAHAHA
>*ACK*
>>
>>59237555
lmao you think mcap factors into the criminals decision making process?
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>>59237569
>NOOOOO NOT THAT MARKET!!! ONLY THE MARKETS THAT I SAY MATTER COUNT
Marketbros... our response?
>>
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>>59237569
>you think m-mcap factors i-into the crimin
MARKET IS NEVER WRONG, FAGGOT
>no no no.. I.. I.. mean, the CRIMINAL market is always right!
>the whole market is wrong!!!
AAAAAAAAAHAHAHAHHA
>>
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>>59237578
>>NOOOOO NOT THAT MARKET!!! ONLY THE MARKETS THAT I SAY MATTER COUNT
>Marketbros... our response?
>>
>>59237578
>>59237580
>>59237588
kek you forgot that markets can be highly irrational.

Is the market dropping BTC for XMR irrational?

Or is the market assigning DogWifHat a value above $0 value rational?

Go!
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>>59237601
>heh, who are you to say the market is wrong
>umm akshually, the market is wrong sweetie
>HOLY SHIT A MARKET JUST FLEW OVER MY HOUSE! THERE ARE MARKETS IN THE WALLS!!! LALALALALALA I CAN'T HEAR YOUUUUUU

Just answer this and be honest >>59237440 You don't give a shit about what any market thinks unless it's jacking you off.
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At first I was like:

>>59237039
>In b4 the market is wrong.

>>59237152
>>market is usually wrong in picking the best technology
>This cope is hilarious on so many levels.

but now I am like:

>>59237601
>you forgot that markets can be highly irrational.
...
>NO I AM NOT HYPOCRITICAL!!
XDDDDDDDDDDD
>>
>>59237619
>>59237622
So is the crypto market rational or not?

Is the darknet economy rational or not?

I await your responses.
>>
>>59237649
you say market is right, and therefore proven my point that Bitcoin is the king by your own standards, and monero keeps dropping and dropping.
gg
shill
>>
>>59237601
And yes, dogwifhat and bonk being valued over $0 is rational in the short term. They reflect society's current level of faith in the economy and desperation. They have value in the same way casinos have value and are profitable.

However, these are short term effects. Bitcoin and Monero have been around a very long time, where their long term value has been weighed much more accurately independent of short-term trends.

>>59237649
And I told you, drug dealers are rational in picking Monero. Finance and entire countries are rational in picking Bitcoin. The two aren't mutually exclusive but your puny drug dealers pale in comparison to all of finance. My position is logically consistent, both markets are acting rationally regarding assets that have been around a long while now. You are the one trying to cherry-pick which markets count or not.
>>
>>59237652
>>59237664
kek, I just want it to be clear that when it comes to crypto payments, XMR is being chosen over BTC for its superior fundamentals.
>>
>Bitcoin
Use case: store of value, accumulates value over time
>Wif
Use case: speculation, quickly gains and then loses value
>Monero
Use case: currency, does not accumulate value as users swap from their SoV to make a purchase only

Utility coins are like purchasing gas for your car. You don't store your net worth in barrels of oil, the value comes from using.
>>
>>59237649
And you can't look at a market cap chart of all crypto and think it's all one market. Your drug markets are mixed in there, gambling is mixed in there, traditional finance and the need for a digital commodity that's not destroyed by inflation is mixed in there, paxg and a digital asset pegged to gold is in there. But aggregating all those effects together, Bitcoin is the digital asset with the most global demand, and it's been that way consistently for a decade and a half, meaning that it is the most rational judgement the market has come to.

>>59237672
No, not crypto payments. Crypto payments for certain online drugs and CP, which are extremely niche. Monero doesn't cover the vast majority of online or crypto payments for the vast majority of goods. Neither is it used as an inflation-resistant commodity. Your chosen market is puny.
>>
>>59237672
If you wanted to even come close in the argument about online crypto payments you'd probably be shilling litecoin, which has 32% of Bitcoin's on chain transaction count, next to Monero's measly 4.5%.
>>
>>59237677
>And you can't look at a market cap chart of all crypto and think it's all one market. Your drug markets are mixed in there, gambling is mixed in there, traditional finance and the need for a digital commodity that's not destroyed by inflation is mixed in there, paxg and a digital asset pegged to gold is in there. But aggregating all those effects together, Bitcoin is the digital asset with the most global demand, and it's been that way consistently for a decade and a half, meaning that it is the most rational judgement the market has come to.
Speculative demand.
>No, not crypto payments. Crypto payments for certain online drugs and CP, which are extremely niche. Monero doesn't cover the vast majority of online or crypto payments for the vast majority of goods. Neither is it used as an inflation-resistant commodity. Your chosen market is puny.
Monero overtakes Bitcoin payments wherever the two are in direct competition, clearnet included.
>>
>>59236839
GRIN is probably closer to that.
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>>59237717
>Speculative demand
People are speculating on what will have value in the future based on a rational though process. People speculate on gold, they speculate on oil, they speculate on the price of wheat. All things with real demand and value. They also speculate on Monero. Speculation doesn't automatically make something not have value.

>wherever the two are in direct competition
Part of that competition is vendors deciding which currencies to accept based on what has the most demand. The vast majority of vendors not supporting Monero is partly because there is not enough demand to make it worthwhile. All the people who use Monero go to the Monero markets. All the people who use Bitcoin generally go to the Bitcoin-only markets. You're comparing all of Monero to the leftover dregs of Bitcoin.

And your view of the "market being right" is to decide beforehand how you think things should be and then try to force the market into that. What you should be doing is observing the market and adjusting your own beliefs in response. But you are incapable of doing that as long as you think yourself smarter than all of humanity aggregated.
>>
>>59237773
>People are speculating on what will have value in the future based on a rational though process. People speculate on gold, they speculate on oil, they speculate on the price of wheat. All things with real demand and value. They also speculate on Monero. Speculation doesn't automatically make something not have value.
Yeah, but crypto speculators aren't rational. Memecoins are utterly useless yet they find willing buyers.
> All the people who use Monero go to the Monero markets. All the people who use Bitcoin generally go to the Bitcoin-only markets. You're comparing all of Monero to the leftover dregs of Bitcoin.
CoinCards, Silent.link and ShopInBit were all originally Bitcoin-only markets.
>>
>>59237936
Crypto speculators are part of the market. When aggregated their actions are a rational consequence of cheap credit, inflation, and minimal regulation. Them ultimately dying and being replaced by new memecoins is also rational. You not liking something =/= irrational. There is a demand for gambling that is being met, but that market is separate from the markets Bitcoin or Monero address, which aren't primarily defined by short-term memes and gambling.

And I can see you changing the goalposts then from "the market is rational" to "the market is irrational" to "the market I care about is better than the market Bitcoin addresses which I think should go away". No one cares that you don't like finance. It doesn't make a shit-fleck of difference or make that market any less rational. What is irrational is conflating two completely separate markets and then insisting Bitcoin will go to zero because you jack off to speeches of Klaus Schwab talking about CBDCs.
>>
>>59237936
If we were on a gold or bitcoin standard, banks couldn't print free money, credit was expensive, the economy was moderately deflationary as in the golden age of the American economy, and the average person could afford a house and a family then yes, gambling on memecoins would be irrational. But that is not the world we live in. Maybe it's the world you want but pretending isn't going to profit you anything.
>>
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>>59236667
It's the only crypto I can think of that's used and not just a speculative asset.

Because it's private, the establishment hates it.
>>
>>59236667
Stablecoin praised by commies.
>>
>>59236777
You simply buy any other mainstream crypto like LTC or USDT and swap it on a swap service. It just adds another step.

>>59236705
>>59236790
Those privacy layers are not good enough, that's why no criminal trusts them. The guys avoiding the draft in Ukraine and Russia deal only with Monero.
>>
>>59238599
>Those privacy layers are not good enough
they are
(watch him being unable to prove anything)
>UUUUH BUT MARKETS SAID... NOOO NOT THIS MARKETS, THE MARKETS THAT AGREE WITH MY VIEW!
>>
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>>59238622
I'm not part of your schizo discussion, I don't care.
The reality is that chain analysis is able to track and identify people using mixers, and Litecoin privacy hasn't been field tested yet. The only tech chainanalysis and governments are on record saying they can't track is Monero.

That's why people betting their lives on tech (criminals) only trust Monero at the moment.
Maybe things will change, I wish for every currency to be private, but for now only Monero works. That's where we are.
>>
>>59238656
>chain analysis is able to track and identify people using mixers,
detect use of mix? hardly
find out who is who? nah

Also I can identify 100% of people using mixers on Monero: it's all of them.
>>
>>59238656
Yeah it's called regulatory arbitrage. Enough people have been annoyed by the US government snooping into their bags that they've offshored to South America which doesn't give a shit. That's why congress is panicking to back off, because ultimately politics serves money not the other way around.
>>
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>>59238712
You obviously don't know what you're talking about and do not frequent privacy circles.
We used to trust mixers UNTIL people using them got caught anyway through modern chain analysis.
We trusted them until James Zhong got tracked and arrested. Until Shakeeb Ahmed got tracked and arrested.

Now that we know that mixing BTC doesn't work, we don't use it anymore. It's basic logic.
That's why BTC was widely accepted on DNMs until a few years ago, now it's almost exclusively XMR.

And maybe one day XMR will be tracked as well, who knows. But for now they can't.
>>
>>59238875
>You obviously don't know what you're talking about and do not frequent privacy circles.
that's my job but ok

>We used to trust mixers UNTIL people using them got caught anyway through modern chain analysis.
nope
only some idiots who don't know what they are doing - probably likes of you
>>
>>59236674
I hate that you might be right. I think I'll sell mine.
Get out and get into a lower cap coin that has a higher chance of mooning in the coming months.
>>
>>59238267
>Crypto speculators are part of the market. When aggregated their actions are a rational consequence of cheap credit, inflation, and minimal regulation. Them ultimately dying and being replaced by new memecoins is also rational. You not liking something =/= irrational. There is a demand for gambling that is being met, but that market is separate from the markets Bitcoin or Monero address, which aren't primarily defined by short-term memes and gambling.
The crypto trading market is irrational because its detatched from all fundamentals and real-world economic interactions, the tech and what it actually does is less relevant, does it have a dog and will it pump are the primary considerations. Ultimately, people are buying not to use but to hopefully sell at a profit. Its glorified gambling.

>And I can see you changing the goalposts then from "the market is rational" to "the market is irrational" to "the market I care about is better than the market Bitcoin addresses which I think should go away".
Fuck off, you're comparing apples and oranges again. The crypto trading market and the black/grey market are not one and the same, they exist for entirely different reasons and have entirely different needs and expectations. Memecoins simply aren't a thing in the black/grey market, all considerations boil down to: is this tech optimal for doing business and will using it help keep my ass out of prison? In a word, rational.

In short, the black/grey market is rational because it has to be while the crypto trading market is irrational because it can afford to be, worst case scenario is you lose money as opposed to your freedom.
>>
>>59238931
>that's my job but ok
So go post all this on Dread.
>>
>>59239178
Here we go with the goalposts again.
>The market is rational
>uhh wait, only markets I like are rational. All the others are badbadnogood and must go away. I decide which ones are rational or not because I say so
>fUcK oFf sToP bUlLyInG mEEEeEee, muh oranges.

Yes, different markets have different needs. I already told you you're trying to pigeonhole Bitcoin into your puny CP markets and then jizz yourself because people have better uses for Bitcoin that you seem unable to comprehend.

>Ultimately, people are buying not to use but to hopefully sell at a profit
Hello? dipshit? Stocks, bonds, real estate, gold, literally every commodity and business venture on earth. But "oh not not Monero, with our dipshit commie pipedream staying poor is a badge of pride"

>>59239235
>He frequents glowie central
Amazing, I'm sure you're a real cool dude hackerman selling all those badass drugs and sticking it to the man. Tell me all about agorism and post plenty of react images to own the moonfags
>>
>>59239256
>Yes, different markets have different needs. I already told you you're trying to pigeonhole Bitcoin into your puny CP markets and then jizz yourself because people have better uses for Bitcoin that you seem unable to comprehend.
We were talking about BTC payments getting shitcanned for XMR and the rationale for doing so. You then invoked mcaps.

>Hello? dipshit? Stocks, bonds, real estate, gold, literally every commodity and business venture on earth. But "oh not not Monero, with our dipshit commie pipedream staying poor is a badge of pride"
All those are pegged to the actual economy in some way, their value ultimately depends on goods or services being exchanged somewhere for money.

>Amazing, I'm sure you're a real cool dude hackerman selling all those badass drugs and sticking it to the man. Tell me all about agorism and post plenty of react images to own the moonfags
So, as expected.
>>
>>59238931
>people using them got caught
>only some idiots who don't know what they are doing
People say acquiring Monero is too hard but expect people to figure out how to use bitcoin privately (it's not actually possible)
>>
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>>59239340
>privately (it's not actually possible)
addresses A,B,C,D,E,F each send 0.1 btc into addresses P,Q,R,S,T,V all in 1 transaction together.

Lets assume you somehow knew who each of A..F is.
Who is R now? Which of them?

That's rite, bitch, you can't tell.
>>
>>59239291
No, you were talking about BTC and XMR payments regarding an extremely niche market (drugs and CP) and pretending like those are the only things that matter (maybe they are to you) and you think a victory in the most insignificant market imaginable means Bitcoin will somehow go to zero.

I was talking about all the other markets you're conveniently forgetting or pretending don't count. That store of value is thousands of times more important than drug sales.

Trying to compete solely on digital payments is a losing battle. Crypto can't do subscriptions well, it can't do chargebacks, it can't do all the all the things people want when they shop online which is why 99% of people will always prefer credit cards. But when I want to cash out some gains to consumer goods without paying taxes I am covered. I have coinjoin, lightning (which can do subscriptions), the largest gift card market, the largest online bullion markets. Bitcoin doesn't try to compete in digital payments but even so I have zero use for Monero, it causes more inconvenience without any benefits. I get more goods at better rates with Bitcoin.
>>
>>59236667
after looking at XMR/BTC chart I can safely conclude it's a scam that never pumped since 2018
>>
>>59239496
For something to be a "store of value" it itself first has to have some kind of value. The value of cryptocurrency is that you can send it to people and it's fungible. You cannot send BTC to people because of fees and it's not fungible. You can send Monero to people and it's fungible.
People are not using BTC as a store of value. Literally no one is doing this. Literally not one person on the entire planet is using BTC as a store of value. Every single person buying BTC does so as a speculation. They expect the price to go up so they can sell at a profit. This is the definition of a bubble.
People actually use Monero as a store of value. Monero actually works as a medium of exchange, so people are entirely comfortable picking up some Monero and holding on to it until they need to use it to buy something. Lots and lots of people are actually using Monero in this way; buying for reasons other than speculation. This means Monero is not a bubble.
Do you understand this?
>>
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>>59239518
Right, because the definition of a scam is that which never pumps, and the way you know something isn't a scam is that it pumps!
>>
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>>59236667
monero has no future, privacy coins are verboten
>>
>>59239598
it has to be at the very least a store of value
if you can't even beat dollar inflation rate then why would anyone care about it
>>
>>59239633
Over the last couple of years Monero has been getting nuked by governments left and right. It's been fudded, it's been delisted from exchanges over and over again until at this point only one single centralized exchange is left listing it (Kraken), and they can only list it in the US. It's been getting hammered as hard as possible and what has been the result on the price? Nothing. Nothing has happened. Throughout all of this Monero has essentially remained a 160 dollar stablecoin. And you're complaining that it's not increasing?
What do you think would happen to the price of BTC if it got delisted from all exchanges, was made illegal in multiple countries, and most western governments released research papers and statements making it clear they were actively trying to kill it?
What would happen to any crypto other than Monero?
Do you understand what is happening here? Do you understand the significance of this?
No. You probably don't. Because all your smooth brain can process is
>number no go up
>dis iz scam
>gibs me DOGESHIT CAT COIN
>NUMBER GO UP :D:D:D:D:D:D::D:D
>>
>>59239621
>monero has no future, privacy coins
are done better on Bitcoin
token not needed
you are 1 decade late.
>>
>>59239571
>You cannot send BTC to people because of fees and it's not fungible
Amazing, this whole time I've been buying and selling Bitcoin and sending it to people and no one told me it was impossible.

>People are not using BTC as a store of value. Every single person buying BTC does so as a speculation.
A store of value is speculation. You are speculating that the value of something (land, gold, Bitcoin) will go up relative to an inflating US dollar. You have no clue what a store of value is. The better question should be "why isn't Monero going up against an increasingly worthless dollar?"
>>
>>59239750
>increasingly worthless dollar
The dollar is increasingly worth more because there are more loans than ever that people need dollars to pay. The fed is working very hard to stave off deflation. You must have a lot of faith in them.
>>
>>59239653
Possibly the smartest post in this thread.
>>
>>59239820
I only use it because it's a Monero maxi talking point. They are incapable of admitting the dollar has value since their entire bull case hinges on the economy being a fake house of cards that will collapse, tether, Bitcoin, the dollar, all of it, proving them (and probably silver/gold fans) right, at which point everyone will flock to Monero and their agorist utopia.
>>
>>59240229
Bro, come on. Inflating dollar is a BTC maxi talking point, don't lie. Monero has always been about permissionless digital money with a focus on privacy, fungibility, and scalability because that's what bitcoin lacked (still lacks). The bull case was originally that it could be a better bitcoin until it became clear that BTC is actually NGU technology, which XMR was never going to compete with. Maybe $150 is actually the current value of permissionless digital money, it's pretty close to what BTC was worth in 2013 when silk road got shut down, before NGU hype hit the mainstream. The buy case for XMR is primarily that you should get some so you can use it. You will have more freedom, more privacy, and it can't just be taken from you. The bull case is that these obvious benefits mean more people will adopt it, driving the price higher with increasing demand. The reality of most people being apathetic retards means that practically speaking the bull case rests on the prediction that there will be less financial freedom in the future for people using the traditional financial system and transparent blockchains, forcing anyone who wants an inch of freedom into Monero.

You seem to be projecting bitcoin maximalism with the house of cards financial system thing or maybe getting some wires crossed. Some monero people think Bitcoin is a house of cards propped up by tether. Tether, btw, seems to be a tool the banks are using to get more dollars into circulation to hold off deflation, so at this point it looks totally sanctioned and unlikely to collapse. The collapse of the entire economy or whatever is more akin to "hyperbitcoinization", the peak NGU fantasy proposed by Daniel Krawisz.
>>
>>59236667
Haven't seen Monero moving for a while, how is it doing? I replaced it with $Galaxis after yesterday's pump
>>
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>>59239496
>No, you were talking about BTC and XMR payments regarding an extremely niche market (drugs and CP) and pretending like those are the only things that matter (maybe they are to you) and you think a victory in the most insignificant market imaginable means Bitcoin will somehow go to zero.
Uh, no. The original assertion was:

>it's a token that is not needed, now that Bitcoin has coin join, wasabi wallet, lightning network and more to come.

This was disproven by highlighting how the the market with objectively the greatest need for privacy & fungibility is in fact abandoning BTC for XMR.

Then you faggots started coping by changing the topic from tech and utility to moons and lambos as usual.

>But when I want to cash out some gains to consumer goods without paying taxes I am covered. I have coinjoin, lightning (which can do subscriptions), the largest gift card market, the largest online bullion markets.
Clearnet commerce is not permissionless or tax-free. Might as well just use paypal or credit cards on there.

Darknet commerce is permissionless and tax-free. Can't use paypal or credit cards on there. Or Bitcoin eventually.
>>
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>>59241778
>>it's a token that is not needed, now that Bitcoin has coin join, wasabi wallet, lightning network and more to come.
>This was disproven!!!!!11111
>disproven by the market
but market chosen Bitcoin
>nooo, but the market that agrees with my theory!!!!!
don't most Bitcoin users seek privacy? no one loves the gubirment you know
>uhhh NOOOO don't look at that, look only at the drug users market, because they agree with me!!!
>>
>>59242128
>but market chosen Bitcoin
Around and around we go.
>>
>>59236667
The harsh reality is that the only people, aside from a few schizos, that care to go the extra mile for privacy are black market vendors
>>
>>59242226
>the right markets are the ones that agree with me
yeah he has no rebuttal. /topic
>>
>>59242269
>The harsh reality is that the only people, aside from a few schizos, that care to go the extra mile for privacy are black market vendors
Precisely. Those that actually need privacy and fungibility for their crypto transactions don't use BTC + CJ/LN/whatever, they use Monero.
>>
>>59242476
>>the right markets are the ones that agree with me
>yeah he has no rebuttal. /topic
Nigga, you're the one forcing number go up into a discussion about BTC's shitty privacy solutions.
>>
>>59240544
I was reading too much into Wymg's posts, but the generals have nothing positive to say about the USD and want a parallel system that people will flee to to evade taxes or once they realize traditional finance is fake/oppressive. A lot of them also hoard silver so it's not a big stretch. There's that sentiment among Bitcoiners too, but they are actively trying to fix traditional finance by merging it with Bitcoin rather than throwing in the towel and waiting for everything to go to shit in their parallel bunker. Asking "why hasn't Monero, something with actual use, gone up against the dollar when everything else has?" is still a valid question.

>>59242519
>>59241778
That's because you try to limit the playing field, pretend all markets except the one you like are fake, then proclaim you won. Sure, the market with a certain need (mouthbreathing drug addicts who can't into coinjoin) like Monero. But you're pretending that one use case trumps all others. The vast majority of people don't need or want the same level of privacy as a drug dealer, and they don't want their vendors to have that level of privacy either so that they can expect better customer service and dispute resolution. You don't see Bitcoin marketplaces regularly exit scamming their customers like with Monero. All the Bitcoin marketplaces I use have a much better UX, nostr marketplaces, tipping via lightning wallets, bitrefill, American Gold Exchange, and I have no problem with taxes. On top of that Bitcoin does SoV, it handles all my use cases.

And no commerce is trustless or permissionless. You're sending money to a vendor you trust will send you the goods back, trust the marketplace owner will arbitrate any disputes in your favor, and trust the owner won't exit scam you. Your marketplaces require deposits from vendors or a reputation score because trust is still needed. Having a permissionless currency doesn't automagically fix human interaction.
>>
>>59242992
>That's because you try to limit the playing field, pretend all markets except the one you like are fake, then proclaim you won. Sure, the market with a certain need (mouthbreathing drug addicts who can't into coinjoin) like Monero. But you're pretending that one use case trumps all others. The vast majority of people don't need or want the same level of privacy as a drug dealer, and they don't want their vendors to have that level of privacy either so that they can expect better customer service and dispute resolution. You don't see Bitcoin marketplaces regularly exit scamming their customers like with Monero.
Cool, so you agree that Monero is in fact needed where robust privacy and fungibility are mission-critical.

>All the Bitcoin marketplaces I use have a much better UX, nostr marketplaces, tipping via lightning wallets, bitrefill, American Gold Exchange, and I have no problem with taxes. On top of that Bitcoin does SoV, it handles all my use cases.
That's great if you don't mind dealing with the usual bitcoin headaches and white market retail is your thing.

>And no commerce is trustless or permissionless.
Didn't say trustless, said permissionless, as in you don't need to appease anybody to set up shop and stay in business, as in the state can't trace you to shut you down, as in radical financial freedom.
>>
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>>59242519
>Nigga, you're the one forcing number go up
1) Bitcoin is superb in every way, including
privacy
2) the Monero shills stgarted seething OMG BUT MONERO IS MORE POPULAR IN THE MARKET TRUST THE MARKET
to which they were BTFO with simple fact:

# Name Market Cap
1 BitcoinBTC $1.8T$1,796,486,951,689
2 EthereumETH $377.42B$377,417,758,834
3 TetherUSDT $127.65B$127,650,375,397
4 SolanaSOL $112.2B$112,199,749,606
5 BNBBNB $88B$87,997,880,312
6 XRPXRP $61.89B$61,892,832,474
7 DogecoinDOGE $54.04B$54,038,742,211
8 USDCUSDC $37.22B$37,219,304,739
9 CardanoADA $25.81B$25,806,446,399
10 TRONTRX $17.53B$17,525,669,402
11 Shiba InuSHIB $14.36B$14,359,492,083
12 AvalancheAVAX $14.28B$14,275,609,221
13 ToncoinTON $14.03B$14,031,859,504
14 SuiSUI $10.4B$10,398,966,153
15 ChainlinkLINK $9.37B$9,368,509,091
16 PolkadotDOT $8.86B$8,857,529,398
17 Bitcoin CashBCH $8.7B$8,703,623,293
18 PepePEPE $8.45B$8,445,563,243
19 NEAR ProtocolNEAR $7.24B$7,240,835,585
20 UNUS SED LEOLEO $7.13B$7,127,232,329
21 StellarXLM $6.74B$6,738,974,273
22 LitecoinLTC $6.58B$6,580,423,126
23 AptosAPT $6.25B$6,253,316,035
24 UniswapUNI $5.41B$5,408,447,355
25 DaiDAI $5.37B$5,367,561,906
26 HederaHBAR $4.63B$4,633,190,448
27 CronosCRO $4.49B$4,490,398,925
28 Internet ComputerICP $4.38B$4,384,495,908
29 KaspaKAS $4.26B$4,255,953,440
30 RenderRENDER $3.94B$3,937,538,633
(...)
38 MoneroXMR $2.94B$2,936,116,569
>>
>>59243180
>1) Bitcoin is superb in every way, including
>privacy
lol

>2) the Monero shills stgarted seething OMG BUT MONERO IS MORE POPULAR IN THE MARKET TRUST THE MARKET
to which they were BTFO with simple fact:

# Name Market Cap
See, you're doing it again.
>>
>>59243117
Not really, your definition of mission critical is so narrow as to be insignificant and coinjoin is an easier experience.
Monero has way more headaches that make it a poor medium of exchange.

Bitcoin:
>send money from bank to exchange
>buy Bitcoin
>send Bitcoin to marketplace
>buy stuff
If you want excessive privacy just send it to wasabi wallet first.

Monero:
>send money from bank to exchange
>buy Bitcoin
>send Bitcoin to secondary swap service
>buy Monero, eat the extra fees and bad liquidity
>send several days setting up a Monero node so you don't get tracked
>download tor
>figure out which marketplaces haven't closed and that won't scam you
>send Monero to intermediate wallet so exchange doesn't know you're buying drugs
>send Monero to marketplace
>hope your Monero doesn't get seized or exit scammed
>buy stuff

Except the state is tracing and shutting down Monero darknets vendors all the time. Your darknet has more feds than users. Meanwhile I can buy bootleg anything from China, they didn't ask anyone's permission, and no one gives a shit. I can buy a computer in 2 steps, not pay capital gains taxes, and no one gives a shit.
>>
>>59243217
>>privacy
>lol
not "lol", but "yes". You are just a paid shill so you can't know/admit it.

>>2) the Monero shills stgarted seething OMG BUT MONERO IS MORE POPULAR IN THE MARKET TRUST THE MARKET
>to which they were BTFO with simple fact:
># Name Market Cap
>See, you're doing it again.
What is this rambling idiot on about?
>>
>>59243266
>Not really, your definition of mission critical is so narrow as to be insignificant and coinjoin is an easier experience.
>Monero has way more headaches that make it a poor medium of exchange.
Mission-critical = freedom/life at stake

>If you want excessive privacy just send it to wasabi wallet first
Can't send BTC to marketplace because they don't accept BTC anymore. What do?

>Meanwhile I can buy bootleg anything from China, they didn't ask anyone's permission
It will always be this way.
>>
>>59243327
>not "lol", but "yes". You are just a paid shill so you can't know/admit it.
BTC has a transparent blockchain.
>>
>>59243180
monero gets delisted from time to time because its just too fucking private.
people actually use monero, they dont just hold it so with usage any buying pressure will be balanced out by selling pressure.
>>
>>59243337
People's lives are much more at stake when being driven into poverty from inflation and bad monetary policy then they are when not able to buy meth on the internet.

If you want to act self-righteous about saving lives, then the use of Monero has probably contributed to more lives lost than saved. If Monero went down tomorrow and every online drug and CP market with it, a lot of lives would be saved.

Also can't send XMR to marketplace because the vast majority don't accept XMR and none of the exchanges in your country sell it. What do?
>>
>>59239433
nice cope.
>>
>>59243444
>People's lives are much more at stake when being driven into poverty from inflation and bad monetary policy then they are when not able to buy meth on the internet.
>
>If you want to act self-righteous about saving lives, then the use of Monero has probably contributed to more lives lost than saved. If Monero went down tomorrow and every online drug and CP market with it, a lot of lives would be saved.
Strawman. It pains you to admit that Monero can do something Bitcoin can't.

>Also can't send XMR to marketplace because the vast majority don't accept XMR and none of the exchanges in your country sell it. What do?
Should've thought of that before you boughted
>>
>>59243496
You're the one who first tried invoking how much more noble Monero is, not me.

And it pains you to figure out that all your tech and heckin science don't really matter. Money is a social phenomenon. Monero sacrificing simplicity, ease of access, liquidity, decentralization, transparency (a good thing), and monetary soundness for a jerry rigged privacy solution that Bitcoin does better was a losing tradeoff.

But I've admitted Monero is good for buying CP. You've failed to admit that your usecase doesn't count for shit.
>>
>>59243536
>And it pains you to figure out that all your tech and heckin science don't really matter. Money is a social phenomenon. Monero sacrificing simplicity, ease of access, liquidity, decentralization, transparency (a good thing), and monetary soundness for a jerry rigged privacy solution that Bitcoin does better was a losing tradeoff.

>But I've admitted Monero is good for buying CP. You've failed to admit that your usecase doesn't count for shit.
The digital black market used to use Bitcoin.
>>
>>59243551
Before everyone figured out that's a stupid use case.
>>
>>59236667
It's an infinite supply shicoin. Your monero is losing value daily due to inflation.
>>
>>59243561
>Before everyone figured out that's a stupid use case.
How are we supposed to buy contraband online then?
>>
>>59243347
>BTC has a transparent blockchain.
you are lying, you failed to reply to:
>>59239433
you monero shills have no understanding of privacy
>>
>>59243585
Bitcoin has a transparent blockchain.
>>
>>59243579
Don't dumbass. The vast majority of drugs actively make their user's life worse.
>>
>>59243590
confronted with facts, the shill defaults to repeating his chant while failing to rebut anything.
does this count as flooding/spam?

>>59243347
>BTC has a transparent blockchain.

>>59243585
>>BTC has a transparent blockchain.
>you are lying, you failed to reply to:
>>>59239433 (You)

>>59243590
>Bitcoin has a transparent blockchain.

yeah keep repeating it Wymg without addressing the obvious example proving you wrong, you dumb shill spammer
>>
>>59243607
>Don't dumbass. The vast majority of drugs actively make their user's life worse.
Nobody needs black markets.
>>
>>59243622
Bitcoin has a transparent blockchain. This gives it superior privacy guarantees.
>>
>>59243629
Nobody needs internet meth and CP. And all the big grey markets use Bitcoin or really, they just use cash in person. Making Monero not needed.
>>
>>59243641
>Bitcoin has a transparent blockchain. This gives it superior privacy guarantees.
what?
is he losing the plot?
>>
>>59243660
He defaults to Reddit-tier sass whenever he doesn't have an argument. Next will be spammy s.o.y.face react images.
>>
>>59243647
>>Nobody needs internet meth and CP
Evidently.

>And all the big grey markets use Bitcoin
And this will always be the case.

>Making Monero not needed.
Monero-only markets don't exist.
>>
>>59243660
>>59243670
It's called "humoring"
>>
>>59243703
Well don't quit your day job for standup comedy cause you'd fucking suck at it. Cmon, give us some crypto youtubers with big mouths and rocket ships next. Is everything okay? You've barely spammed "moonfag" yet
>>
>>59243714
Principle of least effort.
>>
>>59243725
Doesn't follow. You usually seem to put a lot of effort into spamming the same garbage day after day to little benefit.

Let's be real for a sec. Why so antagonistic against Bitcoin? Why years of tether fud and gay react images whenever anyone calls you out or tries to have a discussion? I would love for there to be a parallel economy where I can buy or sell whatever I want without having to worry about the feds or taxes or inflation. But I have to be realistic and realize the vast majority of people want something different, they don't care about agorism, there's a system I was born into and have to operate within to benefit, and there is obvious real demand from Bitcoin from people who are tired of losing all their savings to money printing. Maybe the agorism thing will pan out and power to you if it does, but attacking everything that doesn't exactly align with that paints a big target on your back. It's like Ted Kaczynski's "The System's Neatest Trick". The system uses your overt aggression against you, like an immune response to see what dissidents it needs to suppress or absorb.



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