Considering the current situation in China, what would be the better long term hold

Considering the current situation in China, what would be the better long term hold

King Bitcoin?

Or the ever crafty Monero?

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both. 3:1 ratio. both are some of the most solid coins . any downer without either in their portfolio is so new it's a disgrace

Satoshi is God!
Group of 7 developers - greedy whores.

...

Monero will never be used as a digital currency, like every other anonymous coin.

If you really think your government would allow people to use an untraceable currency, think again.

funnily enough it's actually already used for that, like, in the real world. To think! a cryptocurrency with an actually legitimate usecase. It's wholly decentralised so it's not like any government can shut it down, that's kinda the point.

Anyone with half a brain knows that Monero is the only legit cryptocurrency, and as people mentioned, it's actually being used already. Monero is a necessity for some people already (darknet markets, etc). Bitcoin is not a necessity for anyone, as it's almost as traceable as fiat.

It's more traceable than fiat. Fiat has cash.

>Considering the current situation in China
did you do this? the issue is turning their gook dollars into crypto.

>government would allow
>untraceable

Imagine thinking like this.

Yeah I was just being conservative with it..

wait 6 days and buy some Ethbet. We're gonna be way richer.

Why is this token needed exactly?

What are you, fucking stupid? A truly untraceable currency would NEVER take hold. It shitcoin monero ever did miraculously pick up traction on a global scale, there would be so much ancillary legislation around it that it would effectively be banned.

You are retarded. If governments ever target Monero specifically, it will create a MASSIVE Streisand effect. It will be known that Monero must be doing something right.

> U can build your own Bitcoin on Ethereum
> U can build your own Monero on Ethereum

>Muh appeal to authority

This same shitty argument was used when BTC was rising.

"Oh the govs will never allow for BTC to get big!"

And here we are retard.

gov't is already starting to clamp down on btc and altcoin trading, it is happening slowly just look at the recent SEC announcement and now all these china fears.

>you can make an airplane out of lego
Airlines btfo

Govt is failing and is only scaring weak investor hands, not actual use

What if I told you that btc gained popularity as it started out use in darknet markets. Then news reporters slandering btc just got the word out and made it's price go up

People were saying the same shit in 2014 and look where we are now.

uscc.gov/sites/default/files/Research/USCC Economic Issue Brief - Bitcoin - 05 12 14.pdf

These governments are just blowing hot air in the face of something they can't control.

Cats out of the bag now Goyim!

So nothing happened today regarding China? This was all once again just a bunch of panic selling over nothing

Govt might not be able to control who uses Monero, but it will never be used by the public iunless it's traceable.

Govt will never allow merchants to use an untraceable currency and your shitty coin will be useless. The darknet maybe, but that's it.

This doesn't make any sense. The whole point of Bitcoin was to use it in ways that fiat can't be used. Monero is doing exactly that.

In real life you have laws you need to follow. You can't open a business and tell the govt to fuck off. If the govt bans bitcoin tomorrow the price is going to drop to 10 dollars again.

Bitcoin is traceable. Merchants will not be allowed to accept your monero or any other coin that is anonymous and the coin wlll not be used by the public.

Invest your money in something that can be regulated and accepted by the govt, like NEO.

They won't ban it. It will just be regulated through KYC and all that bullshit, which will mean fuck all because you can easily churn your monero.

I certainly don't want to invest in useless chink gimmicks that nobody asked for, and that don't need to be a cryptocurrency.

>buy NEO friends
>ching chong ping pong

Verge will take over XMR soon and after that we're going for BTC! Get in now

Its about taxes. If bitcoin every does actually become mainstream it will be taxed. How the fuck do you think the CIA is going to fund their bullshit? Nigga, if people can get away from paying taxes with Monero you bet that shit will be stopped. Fucking dunce read a book.

BTC is gaining traction because of unprecedented greed and FOMO, fucking tard use your head.

>Btc has only existed for this year
Nice going newfriend

Bitcoin is already taxed through capital gains, idiot. They can do the same with Monero, such that when you cash out you pay your capital gains taxes.

>muh streisand effect
>hurrr durr cash out capital gains

Shush you uneducated nigga. If something is truly untraceable then there will be no taxes paid. BTC is traceable therefore it will cause people to pay taxes, because punishment is a possibility. If punishment is not a possibility then there will be no taxes paid. DUH.

I've made more off crypto than most people do wage cucking in 10 lifetimes. Shush nigga.

All these BTC shills come across as really sad guys.

>Gov this, gov that, gov is all powerfull
You are creating an imaginary bogeyman.

If the gov was all powerful cash would be long gone, yet here we are.

BTC would not really be a thing, yet here we are.

If one person does it, he's an outcast.

If large groups of people do it they are revolutionary.

If everybody does it, it's regarded as accepted.

We are at step 2.

except step 3 will never come for monero because of its untraceable nature

Wow you are an idiot. It can still be taxed even if untraceable. You buy 1 monero and you cash out at 10 monero, both of these things they will know. They won't know anything you did with the monero in between the initial purchase and final cashing out.

holy shit, you biztards are actually retarded.

>If the gov was all powerful cash would be long gone, yet here we are.

The gov exploits cash. If the government had no use for cash it would have been gone long ago.

I know thinking hurts your peanut sized brain but try to stay with me here- IF something is untraceable then it will not be taxed because there are simply too many ways to get around paying tax.

That's a big IF

FUD. if this causes monero to dip i buying back in.

Honestly the only retard here is you.