THIS THING IS FUCKING PROGRAMMED TO NEVER PUMP I FUCKING HATE THIS BULLSHIT BIGGEST FUCKING SCAM IN CRYPTO

Moonfags don't belong in Monero. Stick to your jewish digital panopticon aka bitshit.

>>60653452
why would you shill for an asset that doesn't go up?
are you bragging about not making money?

>>60653495
It's not an asset, it's an insurance policy against technocratic tyranny

>>60653495
its not your average coin that you buy just to sell later for a profit. I don't own any xmr, but it is the only project I truly believe in.

>>60653514
What is the point of a deflationary anonymous crypto currency that doesn't go up when the dollar goes down and doesn't go up when bullshit shitcoins that are hundred billion mc+ valuations and still goin higher?? Let's not fucking kid ourselves we want this to pump

>>60653495
they really are

>>60653514
>>60653582
hahahaha its the same 2-3 people every time i swear

>>60653432 (OP)
xmr is the only cryptocurrency that does what cryptocurrency was designed to do in the first place, namely, private transactions

the problem is that exchanges don't like it, therefore you can't make money from p&d with it, and it's therefore not interesting to the average chud who just wants to get rich quick

>>60653432 (OP)
How dare you try to make money comrade. Off to the agorist gulags for you

>>60653812
>>60653848
This fucking market is retarded. I hate this. Literally the whole cocksucking market is pumping besides this shitcoin. Nothing here makes sense. If this can't pump the whole market is fucked.

>>60654116
Lol you bought monero and expected huge gains from it because you couldn't stop fapping to monerochan didn't you

>>60654132
I have been shilling this bullshit for years and just keeps fucking dumping against Bitcoin. It's illiquid. Governments are going to target you more if you get this. Normies only care about motherfucking fart coin and cripple. Face it. We're fucked

>>60653514
What do you mean “insurance policy”? Are you implying that there’s some possible future where governments AREN’T a technocratic tyranny? Because every single one is obviously going in that direction.

How the fuck is it not an asset? What are you even talking about? Why are Monero people so backwards? You’re a retard dude

>>60653582
This.
XMR is the only privacy coin worth anything.
Privacy coins are for the distant future.
Once the world is on Bitcoin it'll probably turn to XMR or something else with complete privacy.
But it's gonna take a while.

>>60654360
>What are you even talking about? Why are Monero people so backwards? You’re a retard dude
Cool it with the ad hominems

>>60654469
Fag

>>60653432 (OP)
I've always assumed Monero was a Mexican shit coin used for drug trafficking

>>60654489
this isn't wrong
mexican cartels use monero

>>60653432 (OP)
Shit pumps when there's speculation. There's nothing to speculate about with XMR, it already just works.

>>60654621
>Coin does nothing
>We have no idea what it's capable of, the possibilities are endless, the potential is enormous!
>Coin enables unrestricted commerce, the foundation of civilization
>Isn't that just for buying drugs off the internet?

it's just very comfy having this form of thing that truly is "internet money". not some accounted "asset" on a ledger where you can never feel truly free, no, but effectively real money that you can do whatever with. together with tor, it enables that cyberspace dream where it's effectively its own jurisdiction and you can ignore many stupid laws. i know comfy hold is a common cope, but regardless of price it's just very satisfying to my 'tism to have a "base" form of money that just is money regardless where is came from. it's neat, like having physical gold. it's a money separate from the usual system. in a kinda schizo way monero is totally suitable to being a full blown memecoin but in a very autistic way where the meme is holding this thing and yet the meme is also super real... or something like that, yeah.

>>60653452
Why would the crypto that is the best at being money wouldn't appreciate in price?
Monero deserve to be in the top 5, maybe even 1st place

>>60656870
I get you. Everyone who gets crypto should hold at least 1 monero at this point, it's feels wrong not to have at least some pocket change worth of monero.

>>60656870
also being able to host a node and even mine on the same order of magnitude efficiency as all other miners just with my regular old personal computer adds to that sense of true ownership. as much as internet money can be at least. even the pool is decentralized ffs.

>>60656899
not only it's best internet money, but it's true money properties are even contagious, in a sense that it's very useful to clean money. if nothing else just to remove liability problems to a known constant of monero.

vgh... imagine what can be...

>>60656920
The silver/gold system was the best money and as such became the monetary system and store of value everywhere on earth from antiquity to the end of the industrial era, replacing the alternatives (sea schells, rice, and even dried fruits were used as money at some point)

But how much time passed between the moment humans figure out how to extract and work precious metals, and the moment these metals came to dominate the economy?

It might be decades before XMR takes the place it rightly deserve

>>60656962
you can melt down gold and silver and to "release" the stored energy

but you can't melt down cryptocurrencies. no value is therefore stored therein

>>60656993
^most nonsensical argument award

>>60657144
How is it nonsensical? The energy taken to mine and refine bullion is "stored" in the coin in the sense that it can be melted down and released, moulded into a new form and used in other applications.

The energy wasted in "mining" a cryptocurrency cannot be later released by melting it down--it's gone.

>>60657188
"other applications" makes a minuscule fraction of gold's value. if you insist about inherent value, then monero has one as a well: you see, even if gold is the perfect physical money, you can't transfer gold over the internet as is. you have to use third party financial institutions, the same ones that will fraction reserve and turn your gold to paper. if you want to transfer money over the internet trustlessly, as if you are exchanging gold coins, monero is the best thing there is. being internet money (with real fungibility) *is* a valid application.

as an example of how gold's other uses do little to prop up its value in time of need: consider how for example during the yugoslav wars, gold was worth nothing. everyone was trying to sell it. food and cigarettes exploded in price. in a collapse situation, nobody is looking to make an expensive conductor, or an advanced nano coating, or even jewelry.

>>60657236
Why not first convert the gold to monero to hop over the border, then convert it back into gold? That's about the only use case I can see.

Do you have a source for the Yugoslav war situation? I've never seen one. I get the argument though: gold is worth nothing in a SHTF scenario. There's a grain of truth to that. But gold isn't for a SHTF scenario. It's for the couple of steps above that where there is still civilization. Gold is extremely easy to hide.

Gold has inherent value because of its beauty and uses as a periodic element. If gold was cheap people would be using gold to plate and make all sorts of things and because it looks really good. And if gold was cheap it would be used in far more industrial and scientific applications. It also does not corrode like most metals, (except for aqua regia), is non-reactive with other things, and is extremely rare meaning you can store millions worth in a tiny space.

what is xmr? qrd

>>60657303
gold is good. its advantage is also its only shortcoming: it's physical. there is a huge demand for money over the internet. monero is the native internet money. so in my ideal world we would have direct XAU<->XMR exchange and not rely on any particular third party (or a traceable ledger) to hold our money. be it physical or digital. the border is also a great example of not being physical being an advantage.

monero too is for a gray world, not black in white, even more so than gold. i don't like going too prepper over it. by preparing for the 1% black scenario, you miss the 99% gray scenario. for a black scenario, things like food and drinks, cigs etc. are best.

>>60657384
there are crypto coins like bitcoins, yes? they are all easily tracked: you go to the block explorer and can see the detailed transactions of everyone. yes? monero (xmr) is a crypto coin that hides all those. when you send money in monero, nobody else can see who send to whom and how much.

let's say some criminal pays you bitcoin but you don't know he's criminal. boom: now you have a big problem on your ass. at best your accounts get frozen, payments denied. can't sell your bitcoin. at worst: you're charged with conspiracy with that criminal. not a problem with monero.

>>60656993
True, but the price of currency metals rise way about their intrinsic values.
Crypto is a new experiment of humanity in which a mean of exchange was created without any value beyond being a lean of exchange.

The thing is, the moment people start speculating on it, it gets value. Not intrinsic, but it function the same. The moment you have a great mean of exchange and a big enough amount of people meming themselves into thinking it has value, it becomes a self fulfilling prophecy.

>>60657406
Yeah, like fiat. The value comes from the perception of value, i.e. trust in the network.

I would understand scarcity, if new cryptocurrencies could not be minted for "free", that are for all intents and purposes functionally equivalent. And we come full circle and arrive at the same counter-argument: BTC is "different" because people say it is.

therefore, it doesn't have inherent value, just assumed value. but it is de facto infinite in supply.

>>60657440
The value is the network effect, again a self fulfilling prophecy.

Fiat is very different because the only reason it has value is because it's made mandatory by the government.

No, USD lives on its network effect.

>>60653495
Would it amaze you to realise that there are some people who actually USE crypto?

>>60656993
Read up on Mises' theory of monetary regression. Gold (and bitcoin for that matter) doesn't have to do anything besides have an opportunity cost attached to increasing the money supply. The value doesn't actually matter