Hey brainlets I got a quiz for you:
Where do you think a silkroad wallet with BTC worth $1B will park their wealth?
You really think they're gonna cash out in fiat? Think again.
This is by far the most decentralized, useful and competent currency in existence today. MC only 2B, it's definitely worth $20-30B, as of THIS moment, if not more. Will overtake BTC in a couple years.
Other urls found in this thread:
research.bloomberg.com
twitter.com
didn't see this one coming yet. but sounds about what I would do, it has to pass through xmr atleast ONCE to get anonymysed.
For anyone that isn't a brainlet. The current XMR to ETH ratio is as high as it's going to get for a long time, so sell into ETH and buyback after the inevitable retrace.
I'm a fan of XMR but these shills want to make me sell everything.
my god, you're right. but is it a silkroad wallet or a mt. gox wallet?
wtf who cares about eth ratio?
Silk Road wallets were confiscated upon seizure iirc and undersold by the govt (kek) - not sure about this honestly
People who don't feel an emotional attachment to coins and want to increase chances of making it.
you never gonna make it with eth
I didn't say I was. I said sell now and buy more XMR in a few hours.
exactly. Personally think they'll just park it in XMR. No point in going back to BTC.
dont use anything but btc/xmr ratio, it'll shoort through the roof.
ETH lacks proper leadership & decisiveness (my impression as of late)
according to reddit user sick_silk it's a silkroad wallet of 2014 (untouched since then until a couple days ago)
that user registered only for posting that. Why would they create a separate identity just for posting that?
(tinfoil hat on) I think it's quite possible that they are associated with the wallet and playing a game to see market reactions (tinfoil hat off)
His research shows that the owner is actively splitting/mixing it into 100 BTC chunks.
>So it's now obvious that the wallet's owner :
>is very actively splitting his original 111,114 BTC this past month (a lot of transactions are very recent, see the amount of red nodes on the graph);
>some of this funds are currently being sold on Binance (picture 2 and 3);
>is very actively in the process of mixing, hiding and making difficult to track his coins (picture 4).
>Is the owner going to sell all his coins? How do you think this can impact the market?
Coincidentally Monero has been consistently up the past few days, outpacing the rest of the market (check BTC/XMR ratio).
I'd get in now if you haven't already.
>I think it's quite possible that they are associated with the wallet and playing a game to see market reactions (tinfoil hat off)
There's no way whoever controls that wallet would be that stupid.
Over the past 4 days Monero went up over 31%.
Check CMC 1 month chart, volume comes in chunks too
This is definitely just the beginning. Top 3 coin by EOY
youre right, stupid idea
>MC only 2B, it's definitely worth $20-30B
It's worth trillions
im talking about current market circumstances. Obviously trillions in a couple years
absolute delusion
there are many other privacy coins coming out now that dwarf monero's technology, the only edge monero has is market presence
nice coordinated shilling!
I like monero but no way in hell is the mcap going to be worth trillions...
Verge, the real privacy coin grew 75% this week. I feel sorry for all the pleb Monero hodlers
>the only edge monero has is market presence
This is the only edge that matters, especially when you are dealing with darknet markets. Also, monero is unmatched in terms of community and overall developer presence.
ledger nano support for XMR may be the catalyst
>Also, monero is unmatched in terms of community and overall developer presence.
yeah we can tell considering monero threads are only dwarfed by chainlink threads on this board. outdated technology and secret mining, but who cares as long as it's spammed everywhere right guys???
> doge coin dark with
> Vergedev the pothead
> countless issues with hacked funds, exploitable code, etc etc
> Le verge le le is le best le !!! don't buy le xmr!!
fucking retards.
New tech doesn't always win, especially in the crypto space.
not even if BTC goes to 100k and XMR is in the top 3?
This. If you don't believe me or don't get it, I don't have time to try to convince you, sorry.
Holding verge made me a millionaire in 2017 and I sold at the top, now I'm ready for round 2 in 2018.
Sadly, shitty monero can never do the same
you are literally openly admitting monero's tech to be inferior yet you don't care
it's just spam spam spam every day so sick of these threads
>pajeetbook.com has better website layout than facebook.com, it's gonna take over!!!
you got lucky.
verge tech is the shittiest and all the verge team can do is copy pasta code from other projects.
you were very lucky that a load of retards bought into the verge and hyped it for you.
you won't be so lucky next time.
also for being such a giant fucking retard I advice you to buy into verge, go all in.
its the best coin!!! do it loser.
more like monero is myspace and the new privacy cryptos are facebook, twitter, reddit, etc.
just because monero is popular today it doesn't mean it'll be popular forever if its technology gets dwarfed
went from 22c ATH to 1c low this month
whew
>not using paper wallets
its not about new or "better" tech. Monero has been around for years and it has gained reputation for being the only FULLY working privacy coin to date (&forcing all users to do user transactions)
>its not about new or "better" tech. Monero has been around for years and it has gained reputation for being the only FULLY working privacy coin to date (&forcing all users to do user transactions)
Agreed user.
Sorry man but the code in wraith protocol is actually quite innovative, not to mention its partners the internet conglomerate that currently occupies 40% of all internet traffic.
Too many normies shill the coin, sadly it can't die anymore
the ledger isn't public so you faggots don't know anything about what crypto billionaires are doing
for a privacy coin to get reputation & trust it takes years. not like Monero is going to sit around and do nothing.
also, Bulletproofs next month reducing transaction cost by 80% (and also transaction size by 80%)
>for being the only FULLY working privacy coin to date
except that it's not. not only has its privacy failed on several occasions but it had secret mining on its network for over a year.
oh wait, no it didn't!
let's just spam over and over and over again that monero is the best and has never had any faults! i'm sure if we spam it enough, it'll become true right guys??
bulletproofs have already been put on other coins. even worse, monero's bulletproofs are outclassed by other coins' bulletproofs.
the theory is they're going to convert 111k BTC to XMR to avoid LE crackdown
It's a silkroad wallet
If theory is right, XMR = short term moon
didnt mean to correct you, but other user who said xmr will be replaced by "new tech", like zcash (((trusted setup)))
Give me a link where it has failed, and please spare me that outdated link showing a flaw that was fixed back in 2015 but reported this year.
what has secret mining got anything to do with its privacy feature?
Yes I agree, Bitmain fucking XMR in the ass was bad. but now they do forks every 6 months to fuck Bitmain back. Next fork is scheduled for Oct 18th until perma ASIC-proof algo is found.
>what has secret mining got anything to do with its privacy feature?
if by "privacy feature" you mean "miners can mine in private while nobody knows" then that sure is a great privacy feature
what the fuck are you talking about?
Network hashrate is public, so nobody can hide their hashrate
Exactly the same as with Bitcoin
who is behind the mining? That's nobody business. I can also create a private Bitcoin and Litecoin pool and mine "privately"
>I found that at least 15,593 BTC originated from the 111,114-BTC wallet have been moved to Bitfinex and Binance wallets. This represents 14% of the original funds and more than $110M.
So by chance, those 2 are also the market dictating exchanges...if you need any more proof go look for yourself. I'm all in (since quite a while now).
Good luck with the FOMO when it hits 200 next week
he also conveniently never deposits more than 100 BTC to Binance (withdraw limit for a verified acc)
so he probably bought a shitton of fake IDs on the darknet or made a deal with Binance.
Interesting situation
>So by chance, those 2 are also the market dictating exchanges
liquidity dude
>overtake BTC
lel, no. banks and shit won't be allowed to interact with it. monero is like a side chain for BTC for drugz n shit, but normies aint going there
its still the #2 coin you should hold, but it'll never be #1
it just doesnt stop mooning
200 by friday if we keep up this pace
every day up like 7-8% since 4 days.
Monero is the only currway not crypto with a real usecase and it’s the same one that made BTC what it is. This will be $1k in the next 2 years and some big time researchers have predicted $18k within 3-5. The only coins I absolutely have confidence in are BTC, Monero, and Holo.
>some big time researchers have predicted $18k within 3-5.
source?
checked
research.bloomberg.com
xmr confirmed 99.9k
96k bitcoin and 18k xmr, intedasting
up $9 since i made this thread
it's not stopping.
200 by friday
dyor
would rather buy Holo desu
not buying any coin or token that was or is centrally issued.
Blockchain has to be decentralized.
BTC, XMR, LTC, ETH you get my idea
being ideologically motivated will lose you money
im anti central banks
btc and xmr offer that to me
dont need central figures to manage money
very easy decision
aaaaaand every little dip is immediately bought up. Feel sorry for the guys fighting against 111k BTC lol