I bought this shitcoin and havent seen A SINGLE DAMNED SOUL fud it, yet it keeps bleeding to death. PLEASE, IF YOU'RE SECRETLY BEARISH ON THIS, COME OUT OF THE WOODS AND SAY IT TO MY FACE. I CANT LOSE ANY MORE MONEY
>Vote to help me decide whether to drop these bags forever or tighten my asshole for a while longer while bears try to penetrate it
linkto.run
linkto.run
linkto.run
>will post results afterwards
Very yellow my friend.
Also, use STRAWPOLL you retard. It is what everyone else uses.
>tfw pick the poll site nobody uses
>tfw pick the shitcoin nobody buys
I feel a strange presence...
bitmain dumping their bags
general poor alt sentiment in advance of bitcoin etf announcement
Fedora mode: engaged.
People here generally aren't smart enough to FUD Monero. I'm long Monero and I know a ton about the coin, how it works, what its strengths and weaknesses are, etc. The problem is there are very few people on Jow Forums that are intelligent enough to even discuss some of the basic aspects of Monero or how important it could be to the future as an anonymous store of value, let alone credibly FUD it.
As for Monero being in a downtrend? Sure, it sucks and it seems counter-intuitive, but you have to remember that the market is not rational. Look at the big picture of Monero vs. Bitcoin and just be patient. Privacy isn't a sexy topic among crypto enthusiast moonkids that would rather talk about mobile wallet releases, LN, or the latest shitcoin that can process 10809718 transactions per second, so you aren't going to see much posted about it here.
I'm right there with you OP
Same. I just worry if most people will EVER get it.
>bleeding to death
>still 500% over the price of one year ago
>"bleeding to death"
There's the brainlet who thinks that this long correction is "bleed to death".
Also, you're a complete imbecile with less than 60 I.Q. if you sell the second best cryptocurrency at this price.
>I just worry if most people will EVER get it.
I think as far as the masses are concerned, no, they probably won't ever get it. They don't value their own privacy and frankly, they don't have enough money to matter anyway. I think the people that will end up moving the line on Monero are multi-millionaires/billionaires that are looking to diversify portions of their wealth in something anonymous that they can easily move across borders without the prying eyes of three letter agencies giving them any trouble.
It's going to be a slow burn with Monero. Tail emissions kicking in in a few years.
Well, how much of a market are we looking for that? How much could it move the needle? Honestly, I doubt it would move it much at all. They'd buy it, transfer the wealth, and then sell it.
>this
Long term Monero is going to make billionaires much more free to use their money as they please without having to use convoluted schemes and third parties that they invariably need to trust.
Now they can easily fund their mercenary armies, illegal bio lab research, drug smuggling, human trafficking and 9/11's without a paper trail.
Buy set at 0.011
It's going to take a long time. Sure, some will simply use Monero as a means to an end. Buy a bunch here and sell a bunch there. As that happens though, some will see its value as a very secure, if somewhat volatile, store of wealth that they can access anywhere.
The more liquidity there is in the market the more secure their holdings will be. Obviously this will take years and years. There's still too much volatility in the market, but this is what the heavy hitters are going to be using cryptocurrency for, not for buying their morning coffee.
Tip me and I will share the bearish news
*tips*
No you have to really tip me
jesus fuck man, save that 4 ever.
sites use monero
that is how bitcoin got its value literally
its just a question of time before it catches on and people realize that its lowkey the next brother to bitcoin
Op here
Theres got to be some insider shit going on. This shitcoin keeps its promises reasonable and delivers well, theres no reason for it to go down when general crypto sentiment is going up.
Yeah but the bitmain virgins tried to fight btc and got rekt by chad btc bulls. Who are the monero barons? The nature of the currency goes against any big name shilling it, which is discouraging for everyone. How do we deal with this?
I've learned my lesson to never sell my xmr stack. Only question is whether or not to go all in with what btc I still have...
Only thing I van think of bearish is dream wallet having been down? Not sure if it still is
Could still be Bitmain dumping though my guess was that was mostly overwith a few months ago so I'm not really sure. Could be insider shit we don't know about yet. Unless Monero is broken I'm not really worried.
They've been down for a while but the bug was fixed a few weeks ago. They may be pissed that they got fucked by it (or users got fucked by it) so they could be taking it out on Monero. Still, there's going to be a demand for it and they'll bring it back online eventually.
If you'd been trading xmr for more than a few months, you'd know that this isn't the first time its happened. Monero's price is the most manipulated of all major cryptocurrencies. Someone or some group keeps it trading within a certain range, usually trending down, until the demand is too great and they lose control. Eventually Monero is going to get too big for this to continue but for now? Monero is going to go down until the buy pressure starts up again, probably in the next few months. But there's no way to know when, so just buy in and wait.
Zcoin>shitnero
Monero will only really moon once people realize the privacy implications of a public blockchain. It will take a major event though, like the next silk road bust, or the government coming after people for taxes and using public blockchains to identify them. Finally, ot sill get a boost once cryptos become more accepted, and the rich realize that monero is an easier way of hiding money than offshore shell companies. Expect it to go up long term, but not so much short term.