Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
KeyJockey
on 22/05/2017, 23:45:59 UTC

3. Untracable XMR is the coin of choice for botnet/malware mining, creating a steady steam of coins sold soon after being mined.


On this note, I've lately been speculating (ha!) that another possible reason why XMR has been largely left OUT of the recent alt-coin pump & dump frenzy, and another possible reason why XMR has been establishing itself in a position of "safe-haven" of the ALTS, is precisely *because* some day (soon?) this Epic Alt P&D Era that we are living thru, WILL BE COMING TO AN END.

And, what will happen when all the alt-pumps start to crash back to their true value (zero)?

What will happen when all that profit in all the OTHER shitcoins, needs somewhere to go?

Will all the alt-pumpers want to cash out to fiat-dollars CASH?  Or even JUST to the transparent-blockchain BITCOIN?

Will all the alt-pumpers want to honestly declare their ( "ill gotten" ) profits by moving said profits to $ or to ฿...?

IMHO, not bloody likely... LOL ('cuz, guess what?  Cash going to banks thru exchanges, and bitcoin -both- will be tracked and taxed and maybe seized!)

Seems to me that, at the end of all this fun, a lion's share of ALL these Alt-Pump PROFITS will probably be finding their way... to the only truly fungible secure and anonymous store of value currency yet invented on this planet... MONERO!!!  Shocked