/XMR/ Monero General

[Anonymous No.18596645]

Is Monero the comfiest long term hold in cryptocurrency?

[Anonymous No.18596844]

yes

[Anonymous No.18597005]

I keep her warm at night. Wouldn't be without her.

[Anonymous No.18597812]

>>18597005
>tfw no monero bird

[Anonymous No.18597849]

>>18596645
yes

[Anonymous No.18597901]

When everything crashes what makes you think XMR will be worth shit? Get gold and silver

[Anonymous No.18597928]

>>18596645
I want monero chan to tittyfuck my dick

[Anonymous No.18598005]

>>18597901
Monero is fungible, meaning it will continue to be used in markets that need to avoid government surveillance (dark net).
We are also seeing a continuing push towards cashless societies over time, so I think Monero will slowly emerge as the ultimate form of anonymous, digital cash. More liquidity will come as adoption increases.

[Anonymous No.18599155]

>>18596645
great coin. bump

[Anonymous No.18599199]

>>18598005
I’m just curious though. Let’s say I need to purchase something with untraceable currency, wouldn’t I just simply need to trade my BTC into XMR and then purchase the item? Why would I hold XMR (other than to hope for gains) if I can just trade into it when needed?

[Anonymous No.18599583]

>>18599199
Fiat to btc lose money
Btc to xmr lose money
Xmr to xmr lose small fee
Xmr to btc lose small fee
Buy thing

Also pay for ip obfuscation etc

Vs just using xmr
Cos youre not an idiot

[Anonymous No.18599699]

>>18599199
Yeah, you absolutely can hold other cryptos and then transfer to Monero when needed.
But in this scenario, you are proving that Monero has value and use case. This privacy/fungibility separates it from other crypto. One can "wash" their Bitcoin with Monero, so to speak. So while you do not need to hold on to it, the demand will always be there for privacy.
Now with that said, when you consider Moneros low block reward (95% of Monero has already been mined) and it's current undervalued status (1 XMR = 0.008 BTC), it is arguably the biggest long term rise in crypto. If we can agree that there is a long term need for privacy, what do you think will happen to the price of Monero as it becomes even more scarce?
So yes, we are hoping for gains. I also hold Monero because it is the closest thing that exists to pure digital cash, and I believe it will have a great purpose because of that.

[Anonymous No.18599818]

>>18597901
Monero has a lower emission rate than gold and will be even scarcer when asteroid mining starts and when energy becomes cheap enough to filter gold from the ocean.

I only hold a bit of gold in case an enormous coronal mass ejection takes us back to stone age, but even then, what's the point? Also there's a chance gold is valuable to aliens but I think they would just steal it anyway.

[Anonymous No.18599910]

>tfw comfy

[Anonymous No.18600838]

>>18599583
>18599699
>18599699
Thanks anons. This helped. Lots of good points.

[Anonymous No.18601304]

>>18596645
no it's grin

[Anonymous No.18601337]

>>18596844
checked. comfiest hold confirmed.

[Anonymous No.18601494]

>>18596645

well it's pretty fuckin comfy but bitcoin is more comfy senpai not guna lie

i hold 90% btc and 10% xmr

[Anonymous No.18601512]

>>18600838
no problem anon. we encourage any questions, even from skeptics.
>>18601304
that inflation is not comfy anon. And besides, Monero has better privacy. If you like mimblewimble, you should look into Tari.

[Anonymous No.18601523]

>>18601304

no.

that's an inflationary shitcoin.

if you want to transact off the bitcoin chain in complete privacy you may as well hold a deflationary currency dum dum

[Anonymous No.18601572]

>>18601337
Monero is going up. Buy today, buy next week, buy when it crashes, buy when it gains. This is the coin of the future my fren. Don't let the opportunity for early investment slip away.

[Anonymous No.18601793]

>>18596844
>>18599155
>>18599199
>>18599699
the dubs don't lie, from 44 to 55, we are looking at 99$ EOY

[Anonymous No.18601820]

>>18601494
>bitcoin is more comfy
Have you ever actually used it? Having your financial history on a permanent public ledger isn't comfy. Receiving tainted coins isn't comfy.

[Anonymous No.18601854]

>>18599818
>Also there's a chance gold is valuable to aliens but I think they would just steal it anyway.
Based and aliens pilled. Can't trust those bastards.

[Anonymous No.18601875]

>>18601820
>public surveillance chains

kek why do normfags keep using them

[Anonymous No.18601948]

>>18601820

yep paid for stickers via lightning, what was that about privacy? oh right i had complete privacy didn't i?

1) coin join
2) store of value
3) are "tainted" coins a meaningful metric if they are worth the same amount on the open market?

i like XMR but you fags are delusional sometimes

[Anonymous No.18602068]

Just lost 10XMR on live roulette....

Fuck

[Anonymous No.18602252]

>>18601948
lightning still shows what goes in and out of the second layer. There are likely other exploits as well but until lightning network actually gets adopted it isn't worth looking into.
coin join does not hold up to chain analysis
store of value is a meme.
tainted coins are worth less because you can't cash out and they will get your coins frozen by anything with kyc or aml.
I remember you from an earlier thread. you sperged out once I tried to get you to explain to me how bitcoin is more fungible than monero (because it isn't). Oh well. You will figure it out one day. You at least are hedging your bets.

[Anonymous No.18602336]

>>18602252

1) you coin join first or get your coins with cash so who cares
2) it is "actually adopted" already dumbass
3) if store of value is "just a meme" then all of crypto is worthless genius
4) where is the secondary market for "not tainted" coins for people cashing out?

i remember you from an earlier thread, you still don't get that monero is just another inflationary alt coin that is more centralized than bitcoin because the devs have to keep hard forking away from asics. you sperged out because you don't understand what store of value means. oh well, you'll figure it out one day. seems like you aren't hedging your bets though ;)

[Anonymous No.18602695]

>>18602336
1. The people that care are the people who don't want their transactions to be traced. Which really should be anybody. You have no idea what you are talking about if you think bitcoin mixers or coinjoin can avoid chain analysis.
2. Lightning network is barely adopted. The majority of people just buy and hold Bitcoin like a ponzi. It's usecase diminishes by the day because it's base layer is over a decade old. Any time you transact to the second layer, an adversary can view this.
3. Yeah, most of crypto is useless. This board is 99% ponzis and scams. Im in it for the use case and Monero is an improved version of Bitcon.
4. I don't understand this question. There is a secondary market for tainted coins though (bisq) and surprise surprise, the 80-90% of the transactions there are in Monero. Gee I wonder why.
>inflationary alt coin
Lol, you do realize that there will be more Bitcoin than Monero until the year 2040, right?
>more centralized
Imagine thinking a united community is a bad thing. Do you think Gnu/Linux distros are bad too?

[Anonymous No.18603325]

>>18599699
Came here to post this
Demand is steadily increasing and will greatly increase for the forseeable future
New supply rapidly getting choked off through 2022

[Anonymous No.18603374]

>>18596645
Where to buy monero?

[Anonymous No.18603449]

>>18603374
Kraken

[Anonymous No.18603913]

>>18602336
>4) where is the secondary market for "not tainted" coins for people cashing out?
people pay premium for fresh mined bitcoins. use google.

[Anonymous No.18603931]

>>18601572
based frenposter
>>18603374
kraken to buy monero directly. If you have bitcoin and want to use an exchange, I also recommend Kucoin (no kyc). For small amounts with no kyc, I heard tradeogre is good.

[Anonymous No.18603977]

>>18602336
>4) where is the secondary market for "not tainted" coins for people cashing out?
people pay premium for fresh mined bitcoins. use google.
>inflationary alt coin
Moneros inflation is actually one major benefit over bitcoin, technically and economically.

[Anonymous No.18604102]

>>18603931
all Monero frens will make it together!

[Anonymous No.18604148]

yes

[Anonymous No.18604317]

>>18596645

anyone else frustrated that ppl seem to be very resistant in understanding the importance of fungibility? It seems to me to be an obvious requirement for sound money. It would be quite annoying if everyone piled into bitcoin without knowing that their finacial privacy is now worse than if they kept their purchasing power in a legacy bank!

[Anonymous No.18604796]

>>18604102
you should make some monero fren edits
>>18604317
yeah change takes forever. The vast majority of bitcoin hodlers are ignoring the long term issues with privacy that a transparent ledger has. But the good news is Monero is showing long term growth, and the lag in adoption gives us more time to accumulate.

[Anonymous No.18605878]

yes

[Anonymous No.18605891]

>>18604796
i am not super artistic but i could try to make some. as you said the lag in adoption makes it much easier to build a nice stack. eventually people will come over for XMR's technical merits and im sure the shills and better fren edits will follow.

[Anonymous No.18605906]

Fagnero autists won't see any gains....

[Anonymous No.18606212]

>>18604317
I don't see how they keep wanting to use any public blockchains, to be honest.

Just shows how dumb people can be I suppose.

[Anonymous No.18606545]

>>18606212
the problem is not that they want to use public chains, but that they dont know they are public, and anyone not invested in XMR either doesn't know what privacy is or doesn't understand how valuable it is.

[Anonymous No.18606899]

>>18606545
Most normies are literal NPCs. Its why we see a bunch of people leaving Facebook because they were so upset by the actions of Cambridge Analytica and not understanding the same things have been happening for years. Or the people complaining about forced spyware in phones by Google or Apple, not understanding that these phones are spyware within themselves. To have these people understand, you need some big public incident that journalists get upset about and post in some twitter blog. Normies can't understand abstractions and need specific reasons why something that they believe doesn't effect them could in fact do so, and why changing their behaviors is worth it.

[Anonymous No.18606916]

>>18596645
xmr is so fucking boring to trade wew

[Anonymous No.18607079]

>>18606916
ok Zoomer. can't wait for the day of the noMo rope

[Anonymous No.18607151]

>>18607079
meant for >>18605906

[Anonymous No.18607211]

>>18607151
Fagnero can't scale and your anime girl is subpar...sad!

[Anonymous No.18607301]

>>18607079
kek I hold lots of xmr. its just boring to trade.
I trade shitcoins and put my profits in xmr, its like keeping your profit in BTC. it slowly uptrends on the btc chart for months now.

[Anonymous No.18607330]

>>18607211
check the charts, retard. have fun with your empty bags in ten years. your jewnigger FUD won't change reality. seethe harder faggot.
>>18599699
>>18599818

[Anonymous No.18607420]

>>18599818
gold actually isn't even that scarce.
they find nuggets the size of hands in australia

[Anonymous No.18608285]

>>18607420
Gold has a yearly inflation of about 1.5%. Monero should be below that within the next couple of years.

[Anonymous No.18608428]

>>18607420
go outside and find your gold then aussienigger

[Anonymous No.18608770]

>>18608428
i don't live in australia le