Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
Billy Bunter
on 22/05/2017, 19:19:28 UTC
So I know this subject has been done to death, most of you are probably tired of discussing it, but even so...why has Monero missed out on these big pumps? I get that the pumps are irrational. I understand that there's a lot to be said for a currency that's stable and so on. I realize that sharp increases in prices are not healthy for the long term ecosystem.

All that said, the majority of traders on Polo et al, wouldn't know fungibility from a hole in the ground, much less care. So, given that they're willing to buy anything with a pulse, why not Monero? Why hasn't this madness pumped our currency? It seems more than odd. It seems...deliberate.

I'm beginning to think that there are entities who, either out of fear, spite, or revenge, are deliberately keeping our price down. And honestly, I'm usually not the sort of person given to conspiracy theories.

I won't name names, but dash it all, isn't this the most likely reason?