Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
inca
on 21/03/2016, 18:49:49 UTC

Monero price is too volatile for them to consider adopting at this time. Sellers would not choose to use Monero because they would be scared of losing money.

More scared of losing money than they are of losing their freedom? Questionable.  Also, bitcoin volatility is low now, but during DNM adoption phase it was much higher.  The very fact of adoption creates volatility.  Nobody minds upside volatility.

I feel like shorters wouldn't like it that much.

We don't acknowledge those types of people here  Wink

I on my behalf acknowledge them since they pay me well. I am happy to help them with their aspirations.

Yep someone has borrowed several thousand monero of mine at 0.67% daily interest. There is definitely interest in shorting.