so uh... you guys hear about the new regulations coming that will make non-kyc exchanges a thing of the past?
let it be known, this will give birth a major DEX with Monero as it's main currency instead of Bitcoin. from now on be very wary of monero fud, they want you to sell so you miss the enormous pump to 1,000
even if you don't believe me buy a couple XMR as a suicide stack, trust me you're gonna
source
ive been holding 25 XMR for 2 years and im still suicidal
yes.
op reminded us of it here
blokt.com
binance is gone next month
you have 1 month to get your coins off the exchanges, into a monero cold storage
if you think they're gonna let binance continue as is you are in for a rude awakening
this ties into margin trading that binance is going to feature. there will be one month of margin trading for binance to rake in as much money as possible before it gets shutdown. BNB will dump to 0 and CZ will make millions from liquidations on it
You’re freaking me out OP this may actually happen. Fuck
lmao chink exchanges has nothing to do with this, merely for the US ones which already has a kyc system
quit shilling this shit coin
> In addition to verifying and keeping records of their own users’ identities, exchanges and other service providers would have to pass customer information to each other when transferring funds, just as banks are required to do.
Binance is dead lmao
>assuming exchanges such as bitfinex doesn't commit to this already
retards
99% of countries will comply
>trust me you're gonna
What? I'm gonna what?
Did OP get assassinated?
OP?? COME IN?? OP ARE YOU THERE??
>global eco
do you think chink exchanges such as binance worth billions really give a fuck? those are solely words put into thoughts to pursue you into even considering this
kyc is nothing new and all of the us exchange sites has had it implemented for since the beginning
You are fucking retarded if you think major exchanges aren't already doing this with the rampant fraud and theft.
you don't get it, they will require KYC for EVERYONE even those with tiny amounts of coins. right now you can use binance anonymously if you're under 2 BTC, that will no longer be that way in the near future. prepare for the anti-monero shills
>major DEX with Monero
That would be unbelievably based and would immediately begin pushing us towards our technocratic cyberpunk destinies. but as long as monero is legit it can always exist as a sort of fog that generates fungibility for everything that passes through it. Then it would just work in tandem with whichever DEX's pop up anyway.
This makes sense to me. The way binance is structured with undisclosed physical locations and tax havens in malta seems to be serving it just fine.
winter is coming
bitfinex just didn't want to push its luck since it was already commiting massive fractional reserve banking...that being said I do question the incredible memetic support given to CZ. Was around before bizonacci even birthed that meme and it still lives. Implications of him flipping would be very disruptive but ultimately I still believe he has no incentive to. CZ breaking his safu-ness would self destruct binance.
the thing is muh global economy has never had to face a competitor like crypto. a digital cash system may have been in the works but I'm sure the projections were always ones of a centralized nature, unless this one is only meant to give the appearance of decentralization but I think the open source nature makes that difficult to obfuscate. over generations the elites have built themselves a gilded cage that is based on us hegemony but crypto is slowly and steadily constructing a parallel system that simply does not play by the same rules. All it takes is a few more advances in scaling and encryption and all of these traditional control models from the previous 500 years are heavily disrupted.
>implying my entire bag and day trading stack isn't 100% monero already because I already knew and know that XMR will be the true digital currency of the future
none of that matters if you're transactions are traceable. why do you think vitalik came out recently and said he wants to make ethereum similar to monero with it's privacy? why do you think the new regulations are being announced for "beyond KYC" for exchanges? we are headed towards a moment in time where privacy coins will be extremely valuable. monero is worth trillions in marketcap
bro how is it hard to understand that in the current world climate with all the technological spying a privacy first centered coin will boom and touch the heavens? I mean you have to be fucking blind to not see that monero is the next best choice for storing value due to the fact that it's untraceable. If you see any propaganda against monero it's probably ((((them)))) trying to sway you against putting your life savings in an asset that (((they))) can't trace as easily as (((they))) can any other crypto.
trillions to whom? if they stop you cashing out with them you can only circle jerk it around with like minded people which doesnt get you the house, car or anything else like that
not gonna make it
this guy fucks
monero is solely being used for dark net transactions nobody is storing millions of dollars in monero and main reason being crypto is volatile, you know people prefer to do it the old fashioned way, offshore banking
how do you know what monero is being used for? where did you get this information? did you just pull that out your ass? if it's private then no one knows what it's being used for.
i mean that's mostly what it is being used for you fucking retard use common sense and do your research, everyone into crypto is in it for the money merely among the 10% actually use the tech
i am not saying monero is another shitcoin in any way but you should take thus in consideration
If what you say about DNM is true then Monero is literally going to become offshore banking 2.0. The volatility is only a short term problem. The tapering emissions curve will see to that. By the way, people said the same shit about bitcoin and look what happened.
We're headed for a future in which XMR will be the preferred way to move and store funds anonymously. Nothing can stop this from happening.
Monero will be offshore banking 2.0, if you can't see it, you are blind.
>Financial Action Task Force
>fatf.org
>.org
>.org
so, a fucking think tank thinks that crypto should be over regulated.
Imagine.
my.
shock.
This doesn't mean shit in the near near term.
1. Any coin can implement privacy features (and that is all monero has going for it- one trick pony).
2. Monero is inflationary
3. Banning privacy coins means they are not fungible and lose value.
4. Using monero for transactions is not private because user/wallet ip addresses are not obfuscated.
Too bad the DARPA backed currency will destroy monero, everyone will FOMO in but it will already be a trap, a new technocratic world order will be established, those holding REDACTED will be modern day oil barons sitting on the high council with the elites
1. Completely false. Seriously, read a book.
2. We'll be at a perfect 1% (and decreasing) linear inflation in a few years to ensure miners keep getting paid to secure the network.
3. What.
4. Monero's job isn't to mask your IP, though it would be a nice bonus feature in the future.
Smart money is putting some mone into monero AND xnv neeva
interesting indeed.
also checkem
fucking checked.
But if everyone is going to FOMO should I buy some now on a normie exchange like binance and put some sell orders at 2-3x?
>.com
>ip addresses are not obfuscated.
You could just use Tor. Also it doesn't really matter, nobody could see what you're doing with Monero via your ip.
i thought monero was working on implementing an IP obfuscation. i read about it a while ago
They know you are transacting in monero without ip obfuscation, especialy if there is a dex that specializes in trading it.
"1. Completely false. Seriously, read a book.
2. We'll be at a perfect 1% (and decreasing) linear inflation in a few years to ensure miners keep getting paid to secure the network.
3. What.
4. Monero's job isn't to mask your IP, though it would be a nice bonus feature in the future."
1. True E.g. Litecoin and Bcash are discussing
2. Inflation admitted
3. Not a rebuttal
4. For a coin claimed to be the most private, it doesn't even protect your ip when transacting- not private
You moron they are have a project in the works to mask your IP it’s called Kovri
The future is bright friends
monero doesn't even have a scripting language.
they dropped one of the amazing things about bitcoin because programmers were too lazy.
Stop trying to fool anons into buying this scam coin. Easiest scam to spot since bitconnect, but brainlets on here will fall for it
So XMR will reach the thousand range in a year or two. Makes sense since BTC is getting more and more centralized and LN is a scam, plain and simple.
Only normies and retards don't see this. Monero is the best privacy coin as of now, and will continue to be so. Also it's developed by the community, not by a huge consortium, who has no reason to screw the banking system over. Easy 5k in a year or two, simply because of this.
Monero still can be integrated with DEXes as it supports atomic swaps. There are XMR pairs on OpenLedger. OP's post is still larp, though.
i sold 4,000 at 2014 prices. i know suicidal.
Fking one man show tard dev at verge made ip obfuscation 2 fking years ago. Glad I dumped this steaming pile of sht.
this. crypto's value is measured in fiat. if you can't cash it out it's effectively worthless.