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52450646 No.52450646 [Reply] [Original]

https://www.coindesk.com/policy/2022/11/15/privacy-enhancing-crypto-coins-could-be-banned-under-leaked-eu-plans/

>> No.52450729
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52450729

Will XMR dump to 0 or moon to 1k+ if all guberments Ban it and all CEX unlist it?

I’m starting to think maybe the supply would crash but the demand remain the same thus the Moon option

>> No.52450763

>>52450646
nothing burger
>buy btc on CEX
>exchange to XMR on DEX
>??
>buy coke
simple as

>> No.52450770

>>52450729
Won't people that want it just buy it illegally?

>> No.52450772

>>52450646
>He fell for the delisting fud
We want Monero to be delisted lol.

>> No.52450796

>>52450763
>Care to explain where the BTC went?

>> No.52450797
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52450797

>>52450770
>>52450763

The supply on the illegal DEX will dump too dumbdumbs if the original supplier can no longer buy in bulks from CEX.

>> No.52450815
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52450815

>>52450646

If your crypto isn't seen as a threat it isn't truly permissionless.

>> No.52450820

>>52450797
Okay so price will skyrocket because demand remains the same.

>> No.52450854

>>52450820
I am a retard and I am just hoping this will happen. I also bought XLM at $.45 so..

>> No.52450863
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52450863

>>52450820
Yes. Demand remains the same while supply crashes to near 0 hence the price explodes.

>> No.52450957
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52450957

>>52450646
If privacy coins can't survive a state attack then they are useless technologies in the first place.

>> No.52451022
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52451022

>>52450820
What demand?
Criminals wont want a coin that they can't sell for cash
Why would they want a low liquidity coin that they can't sell on an exchange?

>> No.52451111

>>52451022
Criminals arent selling their XMR on cex's in the first place

>> No.52451123
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52451123

>>52450646
>privacy
>coin
That's fine because Monero isn't even a coin it's a note, a 'cryptonote' with not much on it soo..

>> No.52451158

>>52450646
If I don't want drugs
Don't need a hitman
Don't want to buy weird porn
What's the use case for me?

>> No.52451181

>>52451022
Because it's an immutable object

>> No.52451222
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52451222

>>52451158
>What's the use case for me?

Frictionless transacting. Fungibility makes it all so easy and carefree.

>> No.52451236

>>52451022
Also government wants criminals to make them money. So there will always be a way to make a living.

>> No.52451268
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52451268

>>52451022
>What demand?

Monero-only standard.

>Why would they want a low liquidity coin that they can't sell on an exchange?

Why are offshore bank accounts so coveted?

>> No.52451283
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52451283

>> No.52451290

>>52450796
> sorry guberment man, ive got scammed by jeets, I'll make sure to add this loss as a tax deduction.

>> No.52451302
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52451302

>>52451283

Ah, price action in an irrational market, the maxipad's last line of defense.

>> No.52451325

>>52451302
yeah, do you want to complain about "muh irrational market" or do you want to make money?

>> No.52451337
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52451337

>>52451325

I want to make glowies seethe.

>> No.52451339

>>52451325
You don't buy XMR to make money.

>> No.52451358

>>52451339
Correct. You short XMR.

>> No.52451385
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52451385

>> No.52451402
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52451402

>>52451358
>Correct. You short XMR.

Indeed, you can only lose money by betting on the narco coin.

>> No.52451438

>>52451358
Show your shorts or shut the fuck up

>> No.52451448

>>52451302
Lol maxipads

There aren't any more left

>> No.52451784

>>52450646
They should fuck off already, ama just keep holding Panther protocol, Sylo and Qredo even more. Fuck their opinions.

>> No.52452506
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52452506

>EU
Literally who cares? Vinu, Monero and DASH are all safe.

>> No.52452512

IMAGINE living in europe

>> No.52452531
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52452531

>>52450863
stop using this picture in every thread. that's called samefagging and it's a bannable offense.

>> No.52452535

>>52452506
The US is next with all the sanctions faggot. They are going to take away your CP money.

>> No.52453044

>>52451283
the sats comparison is erroneous for several reasons.
1. Monero transaction usage is 5x higher over the last three years than during the 2016-2018 bull run. In fact, during the peak of the bull run it was 8x higher. This means that the majority of Monero usage was in the past 3 years.
2. Monero has been in parity with Bitcoin over the past 3 yaers.
3. Monero is currently at 0.0077 sats, so your chart needs to be updated.
4. Monero has outperformed Bitcoin during this bear market.