I don't think it's going to moon. If it was, people would've bought as the fear of a BTC flashcrash would happen. This did not happen. Instead, XMR dipped even harder. I don't think most people are looking to stick their money into an untraceable currency that is enemy of fiat. I've officially traded my 150 XMR back to BTC.
Real talk about XMR
Mason Diaz
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Jaxon Hernandez
byeeeeeeeee.
Cooper Gomez
>I don't think most people are looking to stick their >money into an untraceable currency
lol, you must not buy drugs
Isaac Bell
It has a hard ceiling of ~200 dollars because you can mine it profitably on AWS at that point.
Alexander Smith
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Adrian Lewis
Monero moons in phases and settles back to a lower price before going off again, this run has been out of the ordinary. Although I think the floor has been established at 150 so buy when you can
Sebastian Thomas
implying that drug users are a large % of the cryptobase. they did just fine when BTC was worth $100. again, just thought about this for a while on why I was into XMR, and seeing that even at 0.17BTC/XMR there's nearly no buy support, no people caving in, I figure it's best to sell and see that interest can potentially grow later on.
Michael Phillips
there is no point in hedging agains btc with alts during flash crash lol
every alt crashes when btc crashes and especially alts with usd margin available
the idea is that it will replace btc in the dnm after korvi and multisig is ready
only then it might become less dependable on btc price swings
Josiah Smith
Objectively, you're probably right, so it's my duty to tell you to shut the fuck up, and call you a faggot, because I've already lost 2 Gs on this shit and I'm in denial.
Tyler Clark
>seeing that even at 0.17BTC/XMR there's nearly no buy support
bitfinex pushed neo, omg and etp literally to the floor
i must say xmr support held very well