DONT BUY POONERO
SCAM COIN
FLUFYPON AND THE TEAM WILL DUMP ALL THE PREMINE OVER YOU AT ANY MOMENT
SHIT WITH DEV FEE
STAY AWAY FROM POONERO
The King
congratz man, I got in at 48 usd... it hurted seeing it lose sats, but the king is woken
Monero is cool but it never seems to want to pump. The fact that it isnt a top 5 coin is bogus desu but I dont see that changing
The only coin worth mining.
if you look at xmrbtc chart in an old exchange like bittrex, you will see that actually xmr didnt lose as much sats as other coins... this is because whales are interested and because of the asic resistant algorithm the only ones mining it are people that believe in the coin
Because xmr is a long term hold, look at the top 15 marketcaps on coinmarketcap and ask yourself "why does this fucking exist?". When the dotcom bubble burst in the 90s, only a handful of companies survived... but the ones that did became some of the biggest companies in the fucking world.
Ripple, Stellar, EOS... What's their fucking purpose? Why is btc cash, btc sv, litecoin so high up? Even worthless fucking bitcoin gold is right behind Chainlink at 26.
This.
Marketcap is kind of a useless metric with crypto for this reason. Only fairly mined PoW coins have a marketcap that's reflective of what their actual street value should be.
Monero Kon is this weekend. Hopefully the price should go up a nice bit if something good gets announced.
>Marketcap is kind of a useless metric
see: bitfinex coin
7m volume, came out like a week ago, higher marketcap than Monero which has literally been around almost as long as BTC itself
It’s followed the same trajectory as dozens of other coins, monero is not special in any way (inb4 muh Private fungible etc). Idk why biz has such a hard on for it, this shit will absolutely fucking not “make you rich”. I thought we were here to actually make money. Jesus Christ this is actually pissing me off