/biz/ - Business & Finance

>>53496656
>dragged their heels on increasing the ring size

lol the ringsize was increased just this past August.


>despite clear and obvious evidence of massive transaction flooding attacks for years now.

Source: trust me, bro. TX count has actually dropped recently in sync with the crippling of the Tor network.

>>52368061
>It’s been 8 years, Monero didn’t even reach its previous high during the last bull run, it has been bleeding against BTC since it released.

lol Monero-only markets have only been a thing since late 2020 and are already at over 50% DNM dominance. Just getting warmed up, son.


>AlphaBay
>Archetyp
>Asur Market
>Chimera Market
>Cloud Market
>Dark Matter
>Darkmoon
>FilthyFellas
>Mellow Market
>Retro Market
>Monero will replace Bitcoin as a dark web payment processor

An altcoin replacing Bitcoin in a crypto-only market BTC has dominated for 10+ years effectively falsifies the Bitcoin Maximalist narrative and makes Bitcoin seem weaker and more vulnerable.

Now think about what that looks like to hyped-up investors who've been assured that "Bitcoin has no competition, no altcoin can ever replace Bitcoin" since basically day one. Little kernels of doubt begin to sprout as people begin to wonder "if they were wrong about that, what else might they be wrong about?"

When it comes to finance, confidence is everything and Bitcoin being humiliated like that does not bode well for long-term confidence.


>but BTC is what every normalfag and their brother knows about.

Monero is already being talked about in mainstream media, check back in a couple of years to see how much its infamy has grown.

>>50856289

Yeah, and now its on HBO.

>>50390428
>XMR is only valuable because you can trade it for US dollars retard

XMR is valuable because it is an in-demand utility that helps keep drug dealers, terrorists, pedos, etc off the glowie's radar, dipshit.