Just bought this coin

What am I in for?

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Seeing your investment crash to 0 after regulations hit all privacy coins

never gonna happen. and even if it does locally, it will never happen globally

I'm cybercrimanal, but a brainleat one.
How it will affect monero, if you still would be able to exchange for bitcoin?

I don’t think you understand how prohibition worked, or how peer to peer trading works, or maybe how to cook your own tendies

Watching people like get proven wrong.
But for real you should expect it to essentially follow BTC (and the rest of the market) for the most part. Note that it doesn't usually moon because the devs don't hype it and whatnot.

initial excitement and then eventual boredom unless you truly are "in it for the tech"

probably gonna dip hard and when dex's are feasible enough for drug billionaires and tax evaders to buy Monero, this thing is going to $1000

felony but are others are in for way worse

Isnt ot a stable coin?

its a boring investment. transaction volume increases, tech is good. follows bitcoin and is bleeding sats constantly

>peer to peer trade some public coin to monero
>no way to tell if it's a sting
>go to jail

Literally the best cryptocurrency that exists and one of the very few that even deserve existing and aren't just base- and pointless vaporware.
Unfortunately from the market side it is usually pretty boring, it stays in the top 20 but you probably can't expect it to moon dramatically in the short term.
It should actually, unironically be in the top 5, if not top 3 though - but people still understand crypto too little to realize this and make it happen.

You are in to have a coin that has no privacy and to make things even worth - is a POW stoneage tech shitcoin too.

>work bad
>stake good
Easy there rabbi

It won't, because atomic swaps have already been proven to be viable. XMR is fucking unstoppable, or at least it will be pretty soon. It is a comfy perch to swing from if you feel like tarzaning your gains and can time the markets properly, monero doesn't lose as much value as other shitcoins when the market goes *poof*

>wat is atomik swap
You're lucky I don't have my memes folder on this computer, but still; consider yourself served with a "brain swinging from a noose inside an empty room that is the head of a brainlet" jpg for this shitty post you just made

drugs, money laundering, tax evasion
basically all the good stuff

Comfy gains due to its low inflation

The best long term investment, if you are into HODL.

If peer to peer from some public place/store IP .. who is going to jail ??
Or even if behind a proxy or tor... who exactly is going to jail?

Serial question, where can i buy such that its truly clean?

You don't understand monero do you

Apparently not?
Like if I buy on an exchange, at least that tx exists that those assets became monero no? This is what im asking, are you saying i can turn btc into monero with no record?

You could just buy it off a non-KYC exchange and then move your funds to a 2nd wallet or something.

K, i figured that was it, this is more of a pita than it seems, amounts on no kyc changes are so small. If i wanted to convert say 5 btc to monero its alot of small txs...

All monero is clean and untraceable. That's why all ransomware attacks/hackers ask for payment in monero

Price follows btc but won't dump as much
The price is suppressed as much as possible to encourage stability
When it moons it's fast and feels random
Safer long term hold, but not a pump chaser

>All monero is clean and untraceable. That's why all ransomware attacks/hackers ask for payment in monero
The initial buy where one currency becomes monero is no though. Am i not understanding something?

inb4 BUCC niggers show up and shill their fake privacy token

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>dex's are feasible enough
what does this mean? it's already used by drug buyers and tax evaders