It's not about HW wallets or anything, XMR is being price suppressed because big players are accumulating it big time. As someone said smart money is well aware of monero and they want to keep it as much as they can for themselves until inflation is low and they can mark the price way up
Didn't you guys notice we always are the last to pump ? its because pump happen in hierarchical orders, first you get the shittest of the the shitcoins with the wierd names like GROESTLECOIN and so on, then you got noob coins and strange coins and semi good coins, and when smart money has taken dumb money for as much as they can they pump XMR because they need to store their accumulated wealth somewhere, and whats the better place than monero?
Next year, we'll be at 4% inflation, this is bitcoin level now, and then quickly we'll be under bitcoin yearly inflation... this will be the time to mark up the price BIG TIME, I'm talking BTC current level
This is a slow play, this is like poker when you got quad aces and you want to take as much as you can from the noobs, you take your time, you let dumb money bids and buy DRAGONCHAIN and then you put your profit back into XMR.
RINSE and REPEAT until we're at 2-3% inflation and price is above 10K and doesn't come back.
Yea i doubt that very much. Wishful thinking in light of knowing better.
The competition for monero is rising very rapidly, both in community and technology.
It's fair to say that now Wraith is active on Verge, it has technically surpassed Monero. And they already had a much bigger community behind them.
And then we have Spectre being technically similar but going environmentally friendly with PoS.
Tbh i can only see Monero go down from here, probably back to around 0.008-0.012 btc levels.
Yea yea, i know you're all going to hate on me now and say they are shitcoins.
Try bringing some solid arguments this time instead of just brainless bashing.
The stupidity of the unwashed masses always amazes me... The only DNMs that would start accepting Verge are the ones started up by LE agencies! Please, start your own market and only accept Verge!!! We will be seeing your name in the news rather quickly in that case! Actually, I think you know that already and this is simply all about manipulation of the new money that doesn't know any better.
I don't know who put this together but I think it's interesting... Don't you?