Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
leea-1334
on 18/09/2018, 07:40:47 UTC
After all, this recent bloodbath the price of Monero has resisted well. I remember that for some time it was similar to the LTC. Now it's double. Not that this comparison is worth anything, but it is a simple way to compare.

There was a great fall with the hunt the anonymous coins by the authorities of Asian countries. But in those two weeks besides resisting the falls still rises above average.

Monero is undoubtedly the only anonymous project. Still has several difficulties. But my theory is that some people are selling BTCs from their exchanges in an attempt to escape from KYC and to leave no trace they choose Monero.

This shows that eventually, monero will outperform other projects as the standard currency of those seeking freedom and privacy.

That is the real takeaway from everything I ever see about Monero, same as Bitcoin, the resistance to negativity. I agree we should not be looking at comparisons as they cannot predict the future outcome but we can learn about how strong Monero is in the face of bad developments and how quietly it always moves as it grows ever in adoption and use.

Absolutely people will choose Monero when they want a privacy coin. They can always go for ZEC, Dash, whatever,,, but in the end, you cannot beat XMR's acceptance.