Why does xmr always do nothing in terms of price?
The coin that never moons
Other urls found in this thread:
because it's a worthless shitcoin
it will take time :)
no paid company behind which paid for pump and dump
DAUERT BISSCHEN ZUM MOND BRUDI
Because its actually useful right now as a way to purchase drugs, guns, fake IDs, launder cash, evade taxes, etc etc, and thus isn't as plagued by speculative bubbles that shitcoins in alpha with no immediate use case go through.
Because Moneros price is strongly correlated to bitcoin. Interestingly enough it’s % movement to the upside when compared to bitcoin has been gradually increasing. If bitcoin doesn’t get its act together there’s no reason why monero can’t become the defacto store of value. If bitcoin can implement privacy you better fucking sell monero
Because it's the only coin people use for purchasing items. All the other coins are speculative trash with no adoption.
It's not regulator friendly which means it's not tax friendly which means institutional investors won't touch it which means it always does nothing in terms of price.
It went from $0.30 to over $300. What the fuck more do you want from it?
hahaha lol how delusional can you be
nobody expects institutional money to go into XMR
Because its used for a lot of transactions where people sell it afterwards. Its stable because its being used as a currency. It will moon eventually, especially as regulations become harsher and harsher until normal goyim cant own anything except it.