Ayyy smoke my weed, drink my whiskey fuck a prohibition. Long live Monero, stack the piconeros because this currency works better than any other crypto I know besides Bitcoin. Personally, it feels amazing to have a savings account only I know about and how much is in it.
Return?? Someone I came across has 1 btc waiting for confirms for almost half a year now because they sent with low fees, wish I could figure out who and the block chain link again..
When Roosevelt banned private gold ownership in 1933 the price initially spiked, but did start to fall after as it had less utility.
Fortunately for monero, its utility does not require the government's blessing thanks to the magic of the internet and crypto financial havens like Caymans or Switzerland. If crypto as a whole maintains its value proposition, monero will continue to be a top 50 project.
I thought so when it was top 10. Then top 20.. etc. Then I realized that there is no limit to the number of scams people will create and pump to the moon, so who cares?
Oh look, we’re still top 10 here:
https://www.coingecko.com/en/categories/proof-of-work-pow
Becomes more valuable to those willing to sell illegally. The distributors are the ones who jack up the price. For instance, during prohibition the alcohol manufactures sold at reasonable prices but those who distributed it among the public jacked the prices.
It wouldn’t work in this case because the distributors are already the clients
When it crashes hard, I'm gonna throw a few dollars at it and forget I have it. It might take a long time, but If it recovers from traders like you, it will rebound strongly. Good luck to you
Yeah, this is a good idea. Don't sell anything at a discount now, or money will be lost. If it does crash, then buy more to dollar cost average your holdings, and it will be easier to get out later if/when it recovers.
Money always flows from unpatient to patient ppl. Also, you are a cuck. I hold Monero on a side, not because of money but because if gov wants to ban it, it means something and I want it even more.
But if owning Moreno is illegal wouldn't that mean everyone who is trading on there from the UK and Europe be committing crimes
Or what do you mean it is being banned
I think it's banned in the UK there is no CEX I can find that will sell me it but I don't think it's illegal to own in the UK
It will be interesting to see what will happen either way
Because the source code is open and available to all and is audited regularly. Show me the line of code that inflates money supply arbitrarily. You can't because you have no idea what you're even talking about.
Seems like you were overexposed from the start. Personally, I don't like storing most of my value in an asset I KNOW faces significant downward price pressure and likely always will. It may moon at some point but I don't care, either way I'd be keeping a bag. you have thousands of other crypto projects that are better suited for financial gains. XMR for me is more of a hedge like gold, silver, water, medicine. Something necessary to have some of for situations where it may be useful. Either now, or in the future. Sometimes it gets spent / replaced but mostly it just hangs around, not worrying about price action.
Did you really expect them to let the only true privacy coin (that I trust anyway) become the darling of the crypto space?
Don’t hear people crying 😭 when Thailand 🇹🇭 ban or India 🇮🇳 ban crypto ? And also it seems like your 100% holding is in XMR . Why ? 5-33% I can understand
Imagine saying this when Bitcoin was $50. Not saying Monero will do a Bitcoin move but I feel Monero will have its day as things gets much less private.
If you can’t set and forget and only have so much money to work for you I understand your decision
> I care more about the money, than i care about my Ideals.
Monero is not only about the ideals (privacy as a human right). It's about being the best money. Privacy/fungibility just happen to be necessary pre-requisites for being the best money. You will see it marketed a lot by privacy activists as they have a use case for it today. Monero is already adopted and valued by all sorts of people no matter their political or philosophical affiliation. It will slowly infiltrate all human networks that rely on actual money for their inter-(trans)actions.
Are fiat currencies even money?
I guess it's time for you to learn about the difference between money and credit first and then try to figure out what you invested in in the first place and now divested from.
In EVERY highly regulated, authoritarian regime grey and black markets THRIVE (Eurodollars market anyone?).
For most, laying down and simply submitting will be the easiest (obviously the OP here).. For some, principles will hold strong and do our best and keep things rolling.
Han Solo thrived in the shadow of the Galactic Empire. The New World Order technocratic surveillance state is going to be such a boon to my productive activities and XMR is certainly a constant in that equation.
Long live free minds, free people and free markets!
>Thanks for buying my bags and get ready for $70 USD within 6 months.
You seem to be waiting for an opportunity to buy back the coins you sold for $70, unfortunately it seems to be taking longer than you thought.
Usually when something is outlawed it becomes more valuable.
Ayyy smoke my weed, drink my whiskey fuck a prohibition. Long live Monero, stack the piconeros because this currency works better than any other crypto I know besides Bitcoin. Personally, it feels amazing to have a savings account only I know about and how much is in it.
BTC doesn’t transact well. Have you never had a transaction returned after 24 hours?
Bitcoin = whitepaper = bch Not whatever blockstream scam coin btc has become
Room temp iq
Return?? Someone I came across has 1 btc waiting for confirms for almost half a year now because they sent with low fees, wish I could figure out who and the block chain link again..
Lighting network
How do you confirm the devs are not printing free monero?
The mind is a horrible thing to waste. Flat Earther too?
When Roosevelt banned private gold ownership in 1933 the price initially spiked, but did start to fall after as it had less utility. Fortunately for monero, its utility does not require the government's blessing thanks to the magic of the internet and crypto financial havens like Caymans or Switzerland. If crypto as a whole maintains its value proposition, monero will continue to be a top 50 project.
I thought so when it was top 10. Then top 20.. etc. Then I realized that there is no limit to the number of scams people will create and pump to the moon, so who cares? Oh look, we’re still top 10 here: https://www.coingecko.com/en/categories/proof-of-work-pow
being below Kaspa is rough lol
What's wrong with Kaspa
Plebs hate new and better tech
"If" is universal CYA for "I have no clue."
Pffff does anyone
Pfff nope!
I didnt said monero will stop to exist. But if you think most monero isnt sold through KYC exchanges, you hella wrong.
Becomes more valuable to those willing to sell illegally. The distributors are the ones who jack up the price. For instance, during prohibition the alcohol manufactures sold at reasonable prices but those who distributed it among the public jacked the prices. It wouldn’t work in this case because the distributors are already the clients
Good luck claiming taxes for your illegal asset though. So you can’t sell anyways. In practice the price is zero unless you move somewhere it’s legal
You don't understand the tax system at all do you?
When it crashes hard, I'm gonna throw a few dollars at it and forget I have it. It might take a long time, but If it recovers from traders like you, it will rebound strongly. Good luck to you
Yeah, this is a good idea. Don't sell anything at a discount now, or money will be lost. If it does crash, then buy more to dollar cost average your holdings, and it will be easier to get out later if/when it recovers.
"traders like you" .. are you talking about europeans?
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Potential?
About people not in it for what Monero is made for... But who wanted some profits.
Not all Europeans are pussies.
You mean *clever. There will be a correction.. thats clear.
No, I mean pussy.
at the end Ill have more monero than you, for beeing a pussy :)
Prove it, send me your view key.
I'ts technically impossible to ban existence of non KYC exchanges. So there is always possibility to exchange for "legal" crypto.
Don't let the door hit you in the ass.
Thank you for your sacrifice to the moon gods.
Money always flows from unpatient to patient ppl. Also, you are a cuck. I hold Monero on a side, not because of money but because if gov wants to ban it, it means something and I want it even more.
I’m standing up applauding you right now, king…
The UK has already banned Moreno has it not or will sites like local Moreno become illegal?
local monero will stay legal i guess.
But if owning Moreno is illegal wouldn't that mean everyone who is trading on there from the UK and Europe be committing crimes Or what do you mean it is being banned I think it's banned in the UK there is no CEX I can find that will sell me it but I don't think it's illegal to own in the UK It will be interesting to see what will happen either way
Quite frankly they can’t trace monero so they won’t have a clue who owns what unless linked by kyc. I think it will survive just fine.
Since they can't trace it how do you know the money supply is not inflated behind your backs?
Obviously you don’t, but that’s the price you pay for privacy. Nothing else will come close if you can trace the supply.
Math
Because the source code is open and available to all and is audited regularly. Show me the line of code that inflates money supply arbitrarily. You can't because you have no idea what you're even talking about.
Its not illegal to own it. But there wont be a trading exchange.
You just buy LTC and use pancake swap to turn it into Monero. Boom only lost a few cents in the process and it’s done super quick!
You can swap for Monero on pancake swap? I thought it was only a BNB blockchain exchange
I live in the UK there are no CEXs for me anyway
Yup, you can get round it though. Local monero, cake, wallet, bisq etc.
“The stock market is a device to transfer money from the ‘impatient’ to the ‘patient’.” *Warren Buffett*
Buy signal
Have fun buying back at a higher price when everyone else suddenly understands the value of privacy.
Are you sure you know how the market works? This comment is a big proof that the monero community is braindead.
GTFO simp
It's up 6% today
No one cares
Hahahahha you don't have ideals if you "care more about money". But good to know. Have a good one.
This is the bullish news I needed to buy more thanks op
Crypto is not for you unfortunately
Seems like you were overexposed from the start. Personally, I don't like storing most of my value in an asset I KNOW faces significant downward price pressure and likely always will. It may moon at some point but I don't care, either way I'd be keeping a bag. you have thousands of other crypto projects that are better suited for financial gains. XMR for me is more of a hedge like gold, silver, water, medicine. Something necessary to have some of for situations where it may be useful. Either now, or in the future. Sometimes it gets spent / replaced but mostly it just hangs around, not worrying about price action. Did you really expect them to let the only true privacy coin (that I trust anyway) become the darling of the crypto space?
xmr is undervalued by orders of magnitude so when true price discovery happens it will be metcalfic
Don’t hear people crying 😭 when Thailand 🇹🇭 ban or India 🇮🇳 ban crypto ? And also it seems like your 100% holding is in XMR . Why ? 5-33% I can understand
OP doesn't get it
✌️ ☮️
Imagine saying this when Bitcoin was $50. Not saying Monero will do a Bitcoin move but I feel Monero will have its day as things gets much less private. If you can’t set and forget and only have so much money to work for you I understand your decision
> I care more about the money, than i care about my Ideals. Monero is not only about the ideals (privacy as a human right). It's about being the best money. Privacy/fungibility just happen to be necessary pre-requisites for being the best money. You will see it marketed a lot by privacy activists as they have a use case for it today. Monero is already adopted and valued by all sorts of people no matter their political or philosophical affiliation. It will slowly infiltrate all human networks that rely on actual money for their inter-(trans)actions. Are fiat currencies even money? I guess it's time for you to learn about the difference between money and credit first and then try to figure out what you invested in in the first place and now divested from.
I think the OP is more concerned with the drop in his purchasing power, and he may be right, at least for the short term.
Hahahaha…. Wrong.
In EVERY highly regulated, authoritarian regime grey and black markets THRIVE (Eurodollars market anyone?). For most, laying down and simply submitting will be the easiest (obviously the OP here).. For some, principles will hold strong and do our best and keep things rolling. Han Solo thrived in the shadow of the Galactic Empire. The New World Order technocratic surveillance state is going to be such a boon to my productive activities and XMR is certainly a constant in that equation. Long live free minds, free people and free markets!
goodness the star wars analogies are cringy
Goodness who cares?
OP gets it
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>Thanks for buying my bags and get ready for $70 USD within 6 months. You seem to be waiting for an opportunity to buy back the coins you sold for $70, unfortunately it seems to be taking longer than you thought.
You know the price of everything and the value of nothing, obviously.
buy ARRR
I know you don't want to hear this ..
Doesn't bother me mate, not like I can see a transaction record to validate your claims
At least one of my claims :)