/biz/ - Business & Finance

>>57523074
'the goyim cant have this, too powerful' freefall

>>57523074
The slurping opportunity of a lifetime.

The future of finance.

>>57523087
You'd slurp literal whale shit.

>>57523074
The
>If you didn't see this coming you're fucking retarded and got what you deserved

>>57523074
Panic selling from exchange weenies. I'm excited for sub-$100.

>>57523074
Binance and their market makers doing a shakedown. Have seen this shit before with HNT.

Total pedophile death TPD

>>57523074
It's not really a dump.
It's showing you that the market rate is set by the CEX.
If we can assume, that since Binance can't withdrawal any XMR because they do not have XMR, but they set the price.
Then
Since people want the XMR from them, but they can't, they can mainuplate the price lower, attempt to purchase Monero to provide to withdrawal.
But, what does this mean?
That likely most if not all XMR is already in the hands of people who want it.
When CEX's no longer set the price. Then the price is set by those who use it.
This current action is likely temporary.
What market mechanism will set the price in the future?
That is the issue, we cannot know for sure.
But, as stated above, demand outdoes the supply. And as markets go, that means the price should be, and thus will then again be, higher than it is now.

>>57523411
>>57523376
Monero Chads are the smartest people in the room

>>57523074
binance doesn't allow withdrawal & gives 'til feb 20th to trade/sell xmr..
Binance just forced me to enjoy the dip by trading then buying back on another platfor
After that I'll send it all to xmr wallet, never to hold too long on a platform anymore
Fuck u binance for betrayal of crypto

>>57523074

Kucoin + Bybit + binance + Poloniex dumped. wtf is happening?

is this the canary in the coal mine?

>>57523087
> Slurp my old shitcoin that is still 100x up
No thanks, it will never go back up because EU is banning these privacy coins and NA will agree.
All regulated exchanges are going to delist it as well.

>>57523074
jewed

>>57523074
> Yes, I did lose 40% of my money, but this is actually good, see how...

>>57523411
The vast majority of people buying monero do it as a way to speculate on privacy crypto just like everything else. Without cex listing this is going to $20 which is fine because it still works. Holding monero for profit is so dumb that I don't actually believe anyone does it.

>>57523074
So where can i buy this fag shit?

>>57523794
kraken

>>57523074
the no fixed supply realization

>>57523863
irrelevant as supply expansion is negligible and predictable

>>57523445
Withdraws are open til may wtf you on

>>57523601
Btc maxi's wish this is their coin

>>57523074
Burj khalifa

>>57523644
have to admit to holding a little in the hope of a return, been watching the XMR BTC chart for a while and was considering a swap, wish I had now, what's my best chance of mitigation?

>>57523601
You are wrong! So wrong.

It will keep some value since, being a privacy coin, it has a meaningful use as a token for illegal trades.

Bitcoin and the rest, on the other hand, has an inherent value of zero

I don't hold xmr but it's obvious it's the only crypto that makes sense. Transnational untrackable store of value. You'd think it would be obvious but it's not. Might get some if it's still around when crypto becomes boring five years from now or so.

>>57523601
I guess people who want privacy will have to be private in secret, lol
Does that sound like a dealbreaker to you?

>>57523074
WHAT THE FUCK IS HAPPENING?!?

>>57523445
That’s why I only trade stocks now. Way too much fuckery in crypto

>Only true privacy token gets attacked at every angle.

Jeez, I wonder (((Who's))) behind this.

>>57523074
Funds not safu