The more attacks carried out in crypto the less people will take it seriously as viable currency. I saw the USDC/USDT swap attack the other day and had to rethink perhaps this was all a mistake and that money has to be trackable, reversible in the event of a crime happening. The fact that tour entire life can be ruined with a tiny fat finger slip or an unholy and unheard-of methodbis a strong argument against crypto.
crypto was interesting until the ROI became shithigh risk and low reward is unacceptablei will buy Bitcoin if it goes back to 40K otherwise, bye i'm good on Realty Income and S&P500
>>61653651>The fact that tour entire life can be ruined with a tiny fat finger slip or an unholy and unheard-of methodbis a strong argument against crypto.well, I tried to warn you that it will never catch on, partly because of this. Bybit sent their ETH to norks... it's not even worth a trade. before you can exit, another accident has taken place in the crypto worldIt doesn't surprise me at all that mouthbreathers see a $150M pump on monero, and pile in like a bunch of retarded lemmings, PVPing all the way to 700 and then back down to wherever it came from. Crypto is so pathetic. seem to have mistyped the captcha.
>>61653651aaaand it's dumping
>>61653685It pumped to almost 800, mostly because the Zcash privacy shilling paved way and sideliners wanted in on the next pump. Guess they got it, KOLs even started making new privacy season posts. Unreal levels of mass psychosis.
>>61653651Market cap was too high to say that this is the only reason
>>61653742>Unreal levels of mass psychosis.Browsing twitter during the ztrash pump and this xmr pump this revealed this. my biggest grievance. it revealed to me just how maximally pathetic the crypto crowd is. one little pump and they start writing their nonsensical one line paragraph essays filled with these stupid mantras. "You don't have enough x." "Higher." "Billions." Unreal levels of mass psychosis indeed. Replacing currency with something that goes up and down 80% didnt work the first time, so lets try again I guess? There is absolutely 0 logic and morons keep drinking the koolaid. These things should never pump as much as they do.
>>61653778though picrel describes chainlink better than ztrash
>>61653778Either way I'm opening a 10x short on XMR. Somebody is gonna learn twice.
>>61653666>goes to a million dollars in your pathwhat a retarded take
>>61653804based. I exited crypto but what's left is in a ztrash short
Monero is that one problem child in crypto lol
>>61653812try breaking 100K first, incel
>>61653812I had more than 100k in bitcoin but I realized i was mentally ill just in time, and sold for profit. I'm also never buying it again unless it goes to some retarded low. Im sure there are many who feel this way. the risk is absolutely not worth the reward.
>>61653778stop grouping ztrash with monero. ztrash has never been and will never be used as a currency anywhere.
>>61653882if you do some research you will see that the darknet is not growing. on top of that, use of your favorite little privacy blockchain is also not growing.youll probably reply with something described in >>61653778 and fail to refute these facts. theres usually even a couple cultists that join in
>>61654127You can't accurately gauge usage growth just from the transaction count, you have to also look at the volume, which isn't possible on Monero. The volume is probably growing though, judging by the fact that we had 2 heists that stole hundreds of millions of dollars converted to xmr just in the past year
>almost 300 million>no multi-vendor hardware wallet multisig
>>61653651>a strong argument against cryptoRetards get scammed out of this much via paypal and visa everyday anon
>>61653834>I'm not going to invest UNLESS it's super safe and I can be guaranteed profit because that's how investments that go up wild amounts work!!!!
>>61654127>darknet is not growinganon think a bit. how many scam hack is happening in crypto? is people smart enough to not get hack? will it ever stop?
>>61653651>social engineering only happens in crypto
>>61653744Remember they tried to say this last time too. No way some singular hack is responsible for that kind of movement.
>>61653651Hacker just doing what that retard should have done years ago.Also this (some hack or something) is what they said when xmr pumped last year. It never went back below the first leg of that pump and has been climbing relentlessly for months since finding that new floor. Monero is still stupidly undervalued, the current price only looks good in comparison to the obscenely low prices of the last few years.
>>61654318Yep, fools like you will gladly stay in bitcoin for a 2x that you can achieve without a worry in the world by investing normally.
>>61654537Not for the full movement certainly but 282 million is certainly enough to cause a big spike and then others seeing that its pumping and jump in causing a cascade effect.
it will never reach 200k, btw. it's dead. This was the final run. When trump pulls his dick out you'll be left with a bunch of bagholders and adversaries because it is now fully politicized. Since it stopped being interesting and rebellious, younger people are not interested in it. That grinning ugly hag, Cynthia Lummis, the low IQ witch whose only contribution is "pump my bags", is just a fall woman. None of these bills are meant to pass. They bought cryptards' votes on the cheap, and that's it. They'll continue to put on a dog and pony show like this clarity act bullshit. Interest in crapto will continue to drop. It will be a slow rug until 2055-2065 as millennials die off and their kids (if they have them lol) will liquidate it. Maybe quantum accelerates it or another black swan. it's grim and blackpilling what happened to bitcoin but yeah. the only way to "challenge the master" is to get rid of him.
>>61656326yeah. Mouthbreathing cryptards PVP it all the way to 700 just because "SOMEONE BOUGHT, BRO, FR FR". Along with a little help from CEX/DEX of course. the invisible hand
>>61656332>2019 ITS OVER ARTARDS>2022 ITS OVER FOR REAL ARTARDS>2025 ITS OVER FOR REALSIES ARTARDS
This isn't a pump.It's a total escape to privacy.Yada yada blah blah blah this & that yada yada. Emdash emdash, finger pointing emoji, finger pointing emoji. Yada yada blah blah blah.You're not bullish enough.Millyuns.Billyuns.Higher.Up and to the right. Privacy supercycle.("Thread" emoji) 1/1342 (arrow down emoji)
>>61656349It wasn't over then, it's over now. things change, DESÜ NE~
>>61656361SUBSCRIBE TO MY SUBSTACK FOR MORE DRIVEL
>>61656368So you're saying>This time is differentNot like the other times though...>For real this time.
>>61653651>Steal over a quarter billion dollars>Immediately pump the fuck out of XMRSo the tech absolutely works, the distro is probably just ass which makes infinite sell pressure.
>>61653651Just joined his channel. Such a great guy, announcing this D+7 after his long is printing money.
>>61653651>yeah he got scammed, brosSure bubby, totally not a laundering/tax evasion scheme.
>>61653651>The fact that tour entire life can be ruined with a tiny fat finger slip or an unholy and unheard-of methodbis a strong argument against crypto.Rational thinking? On /biz/?
>>61653812>he still believes Saylor’s predictionsWhat a retarded baggie lol
>>61653651Lol. Monero has so little liquidity 282mil swaps caused a pump like that Literal shitcoin .
>>61657141The swaps caused the breakout when XMR was about to triple long term top and every sleeper algo bot was activated, and then opportunists jumped in on another privacy pump because clearly its privacy season because people have been saying that
>>61653666Thanks for the countertrade, Satan
>>61659484
>>61653651Source besides Zach?Has the retard who lost the money come out?I dont buy 300m of daily volume 80% pumping a coin
Volume doesn't line up, it may have played a part in the pump but doesn't explain it at all. Its rotation from ztrash crashing, positive sentiment for privacy centric coins and organic growth. Expect a dump back into the 400's, which is fine. Adoption > NGU
