How are Bitcoin maxis explaining the fact that Monero is now the dominant currency on darknet markets?
How are Bitcoin maxis explaining the fact that Monero is now the dominant currency on darknet markets?
Eli Collins
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Jacob Price
"Monero is still a shitcoin" lolololololol
Charles Hall
if that was true surely it would sport a higher price than in 2017
Luke Hall
>if that was true surely it would sport a higher price than in 2017
Price doesn't correlate with fundamentals in markets as irrational as this one.
Kayden White
What "if"? It's a fact, Bitcoin is now a minority on darknet markets.
Lucas Gray
price correlates with adoption in scarce assets. now either monero is not actually scarce due to a hidden inflation bug or it gained no adoption since 2017.
Dylan White
Monero has a high money velocity and only a small number of people are long-term holders. Everyone's afraid to invest in it because of exchange/regulatory uncertainty.
Isaiah Price
this will be interesting with eth merge coming up. will the user be able to strong arm exchanges into playing nice or will they get fucked? serious implications for the future...
Jaxson Wilson
>price correlates with adoption in scarce assets.
Only in rational markets. For example, Shiba Inu had a supply of 589 trillion coins when it famously mooned 45 million %, its utterly bananas.
cryptotips.eu
Kayden Roberts
why monerotards focus on stealing bitcoin mcap instead of vc shitcoins like ethereum and solana?
stop trying to beat the king, even the clowns court dogecoin have a bigger impact than you
Luke Davis
>stop trying to beat the king, even the clowns court dogecoin have a bigger impact than you
Trying? Nigga, adoption trends speak for themselves: Monero-only is the new standard for OPSEC-critical applications, even organized crime syndicates and Latin American narco cartels are jumping on the XMR bandwagon.
Oliver White
i think at this point they are happy they didn't go to zero just lost about 50% purchasing power since 2017.
Carson Wright
lol yeah that's a great stat to compete with. Hope you have a string of cold wallets kek
Caleb Morgan
>btc store of value
>xmr actual use case
Simple as
Josiah Bennett
Because this all they can do seethe about things that are better than their shitcoin.
>low volume
>The same price as 4 years ago, this means they are bagholding this shitcoin for over 4 years by now
>They are low iq losers who can only find satisfaction when they try to lower the quality of the board for everyone else
>They are Any Forumschuds
Now their thought process is
>Le btc was a le coin used on le black market for le drugs and shieet
>This means le xmr will also pump just like lie bitfuck because it is also a le drug market coin
Yes they are stuck in 2013 this is how bad it is.
Nathan Johnson
On-brand as always kek
Henry Russell
monero is not anonymous, and probably not a good currency to invest in barring some public hype
Kayden Cox
>N-No I d-don't care about le price action
>xmr pump 5 %
>WOWOWOWOOWOWOW LE GUYS BUY LE XMR NOW WE WILL PUMP TO DA MOON XD
>inb4 n-no w-we are n-not like this we only buy this shitcoin with our own money because we like le tech XD
How about you tell us how comfy you are.
Gabriel Sanders
>How about you tell us how comfy you are.
As comfy as one can be knowing their holdings are backed by Colombia's finest marching powder.
Jason Lopez
It's a scam. Actual tech people know this.
Carter Stewart
>Dude
>le drugs XD
Absolutely pathetic.
Lincoln King
>It's a scam. Actual tech people know this.
Yes, we know. Be sure to spread the word!
Ayden Diaz
>Absolutely pathetic.
Do a line or two, it'll make you feel better.