[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 10 KB, 512x288, XMR.jpg [View same] [iqdb] [saucenao] [google]
21866995 No.21866995 [Reply] [Original]

why is this considered a safe investment?

>> No.21867318

>>21866995
its not a safe investment but a tool to protect yourself against glowies

>> No.21867346

it has a usecase

>> No.21867376

Empire market getting taken down is bullish, main alternative (White House market) only accepts monero

>> No.21867383

If you need to have some coins handy to help get to Canada while fighting off crazies, monero is what you want.

>> No.21867458

>>21866995
Nothing in crypto is truly safe, but XMR is definitely safer than most cryptos. It's called that because XMR, in most scenarios, doesn't experience major fluctuations in price unless it's being dragged along by Bitcoin. It experiences slow and steady increases (with corrections) rather than violent mooning.

>> No.21867497

>>21866995
Come in the daily >>21866282

>> No.21867506

>>21867458
Just to expand on this a bit, it’s because there is constant buy and sell pressure from people actually using it. Stabilized the price

>> No.21867644
File: 82 KB, 1024x554, 1598322614891.jpg [View same] [iqdb] [saucenao] [google]
21867644

>>21867376
Do you have more information?

>> No.21867760 [DELETED] 

Empire was under ddos attacks for weeks a couple months ago before they implemented a new captcha. Hope it comes back.

>> No.21868217

>>21867644
I don't, other than that whm has the most stringent encryption/security standards of any dnm and seems well positioned to take alot of empire's market share

>> No.21868492

>>21866995
Who is saying this? Relatively maybe but anything in the crypto space is certainly NOT a safe investment??

>> No.21868529

>>21866995
>safe investment
>just dropped 15%
lol, also do you really think the kikes are gonna just let monero cotinue to be "secret" ((((they)))) will get their piece of the pay along with the irs

>> No.21868609

>>21866995
its the only cryptocurrency that actually does anything

>> No.21868816

>>21868609
for now

>> No.21868916

>>21868816
Get cancer.

>> No.21868995

>>21868916
Just wait until they push monero mining into the terrorism funding article (next year). The stubborn miners will get their asses navysealed and land into gitmo.

>> No.21869001

The theory is that normies will eventually recognized that Monero is what they thought bitcoin was back in 2013. Truly “anonymous” and “untraceable” currency. In addition, it solves bitcoin’s fungibility problem.

>> No.21869043

>>21868995
So you can look into the future? Very nice.

>> No.21869113

>>21869043
I'm an aide of a senator (not really since corona hit, just chilling at home now). I know it's in the works. Everything private will get raped up the ass, but not by SEC. This time it will run under the Patriot Act.

>> No.21869318

>>21869113
Mining=terrorism oh wow
Mom look I am a terrorist nao!

>> No.21869434

>>21869113
It is funny, since the land of the free want to forbid freedom.
But noone can forbid math. Not even they.

>> No.21870182

>>21869113
>admits to being a glowie
>doesn’t realize that the US gov uses Tor
>can’t fathom US intel utilizing XMR

You strain at a gnat but don’t see the plank in your eye

>> No.21871057 [DELETED] 
File: 89 KB, 619x361, 1598220232721.jpg [View same] [iqdb] [saucenao] [google]
21871057

>>21870182
Glowies are afraid.

>> No.21871195
File: 89 KB, 619x361, 1598220232721.jpg [View same] [iqdb] [saucenao] [google]
21871195

>>21870182
>You strain at a gnat but don’t see the plank in your eye
The elite is worshipping satan.