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56995591 No.56995591 [Reply] [Original]

What happens to XMR long term

>> No.56995602

gigamoon to $150

>> No.56995603

It becomes nearly impossible to obtain and loses value very fast.

>> No.56995622

>>56995602
but its $170
>>56995603
Why would that happen?

>> No.56995631

>>56995622
ok but in 2024 it crashes hard to $140 then massive green candles to $150 in 2025 then cooling off in 2026 to $140

>> No.56995637

>>56995622
>Why would that happen?
It is happening.

>> No.56995691

>>56995637
Why? Can't you just fucking buy it on kraken?
>>56995631
No hope for the only true privacy coin?

>> No.56995774

>>56995691
As currency? Sure.
As a store of value? In theory yes in practice no

>> No.56995988

>>56995591
It's not compatible with any sort of dex so it dies in in it's own development desert. The fucking community are assholes anyway. Probably why the Lead Dev quit last month,

>> No.56996169
File: 487 KB, 786x965, 1673649823516.png [View same] [iqdb] [saucenao] [google]
56996169

>>56995591

Nature takes its course.

>> No.56996177
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56996177

>>56995603
>It becomes nearly impossible to obtain and loses value very fast.

Because that's what happens to scarce assets with growing demand.

>> No.56996193
File: 365 KB, 1332x1823, 1699500687096042.jpg [View same] [iqdb] [saucenao] [google]
56996193

>>56995988
>>It's not compatible with any sort of dex so it dies in in it's own development desert.

There are already 2 Monero-based DEXs in development, genius.

>Probably why the Lead Dev quit last month,

Fluffypony was never the lead dev, he was the lead maintainer and he stepped down in 2019.

>> No.56996203

>>56996177
It's about the network effect more than any imaginary demand out there for it. If no one can obtain it no one is going to ask for it. Where do you think demand is coming from?

>> No.56996334

>>56996203
I have no idea. All I know is that it gets spammed so much here and on reddit while every other privacy protocol gets posts pruned and deleted everywhere besides X.

>> No.56996428
File: 1.35 MB, 1102x1596, extremists.png [View same] [iqdb] [saucenao] [google]
56996428

>>56996203

The online black market is growing AND is moving to a Monero-only standard. Demand is only going to increase in future.

>> No.56996477

>>56995988
>>56996169
>>56996177
>>56996193
>>56996203
>>56996334
I dont understand any of the nerd shit, but i'm with this guy. >>56996428
America/the earth is moving towards an increasingly medicated populous, and with national/global shipping times decreasing, I see more people ordering drugs online, and anon coin go up

>> No.56996587

>>56996428
I don't care about drugs though

>> No.56996599
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56996599

>>56996477
Oh shit new fed honeypot just dropped bros!. I got you glowniggers some alpha. https://www.tari.com/#what-is-tari

>> No.56996645

>>56995602
LOL fr tho probably 3/400+ in the next bull run, then 150 new bottom

>> No.56996649

>>56996599
sorry for glowing, I dont get any of this coding bullshit though, what are the implications of that, and what happens hypothetically if I treat xmr like a bank account for 10+ years

>> No.56996676

>>56996477
>America/the earth is moving towards an increasingly medicated populous, and with national/global shipping times decreasing, I see more people ordering drugs online, and anon coin go up
This is exactly what I thought as the last bull run kicked off, and I ended up largely missing out on the entire run because I overextended on this coin. I'm not making that mistake again

>> No.56996706

>>56996649
Monero is mined mostly by malware and botnets. Since the majority of miner cost basis is essentially zero, It has no price pressure. It's not a moon candidate and likely will never be unless windows patches all it's server exploits. 10 years from now you may still have monero. That's about it.

>> No.56996726

>>56996477
>>56996676
drugs will be legal before monero has significant gains in value.

>> No.56996798

>>56996726
Hard drugs likely will become legal, and more people will order online on platforms which only accept monero, increasing the value
>>56996706
I dont understand miner cost basis is zero = no price pressure = no moon candidacy. I don't understand or care about the differences in these coins, more anonymous should = more long term value, no? Isn't privacy a main concern of most coin buyers?

>> No.56996821

>>56995591
Long term? It will be as performative as a BBC. Short term? Nobody knows.

Did I mention I was Jewish and trans btw? Not sure if that does the needful...

>> No.56996848

>>56996726
Or imagine a world where the global supply chain of pharmaceuticals were suddenly interrupted. Thousands, simultaneously going through withdrawals, would turn to illegal means and xmr could reflect it. Several ugly futures could inflate xmr

>> No.56996883

>>56996798
Monero is traceable. The US regulation compliant exchanges who make Monero markets are required by law to log IP's and use deterministic tracing software to monitor incoming and outgoing transactions to all user wallets.

>> No.56996887 [DELETED] 
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56996887

>>56995591
>What happens to XMR long term
buttcoin and monero swap prices
monero to $100l
buttcoin to $150

>> No.56996899

>>56996883
Jew here. Can confirm that we be doin backdoor shit and stuff.