Sup lads. Who here is feeling comfy?
Later today the Fed meeting may cause some fireworks. With the stocks looking like the most obvious bubble an history -- especially with the amount of businesses closing, high unemployment, and the possibilities of a second wave emerging -- we shall see how the markets react to whatever Chairman Powell has to say. This may lead to some nice opportunities to fill up some bags.
If you are a newbie looking for some insight, feel free to ask your questions and a Monero user will lead you down the right path.
/XMR/ Monero General: The Fed Edition
Joshua Scott
Other urls found in this thread:
monerooutreach.org
monerooutreach.org
monerooutreach.org
decrypt.co
blog.chainalysis.com
twitter.com
Landon Johnson
monero is one of my favorite coins but im starting to lose hope, shitcoins are pumping left and right and all xmr does is be le stable to btc rate goy.
Jace Morgan
If you're looking for a pump and dump meme then you should probably go elsewhere m80. Monero is about slow and long term growth. The low price is a benefit of the tech barrier and normies scared of regulation.
Anthony Garcia
>> low price.
kek.
Asher Martinez
>shitcoins are pumping left and right and all xmr does is be le stable
The shitcoins you see pumping left right and centre are mostly Uniswap scams and other random p&d projects. XMR is a solid project that's also undervalued and it's price will go up slowly. XMR is the long game, just like Bitcoin.
Logan Bell
Monero will need to fork Safex to stay relevant
Charles Cooper
mining SAFEX vs MONERO is 25% more profitable, so far!.
Gabriel Gonzalez
The only CONSISTENT slow and long term growth I've seen in cryptoland was Chainlink.
Monero follows usual cycles like 99.99% of coins out there, and when it does it doesn't pump as much.
It's a legit and comfy hold but it's not a money maker unfortunately.
Shut the fuck up
Easton Sullivan
>Safex
He look it's another sub 50 IQ brainlet shilling a random project with an entirely different ecosystem that uses a public blockchain in a Monero thread. KYS
Anthony Mitchell
Correct, Monero doesn't pump and it has a pathetic btc ratio. But this is indicative of an irrational market that will eventually correct. The tech Monero offers is too strong not to. It's not like one of the products derived from Bitcoin. It's fungible, digital cash.
chainlink has no long term future. it does not solve the oracle problem. It's one of the biggest scams in crypto right now. any centralized premine should be looked at with overwhelming scrutiny...and when you add in the fact that chain link doesn't actually solve the oracle problem you realize that it -- along with almost all of Ethereums products -- are nothing more than short term pyramid schemes. (fwiw Ethereum does have first mover effect for smart contracts and is likely going to make a lot of people money in the bull run...not really disputing that).
But I don't care about pumps. I just want a cryptocurrency that actually works as intended and is fungible. People will eventually come as adoption continues. Frankly if we stay sub $100 for the next two years. I'll be fine as long as the tech continues to improve and the adoption continues to grow. The pump mindset is just unhealthy when you are looking at investing with cryptos just because this market is so volatile.