Post
Topic
Board Speculation (Altcoins)
Merits 1 from 1 user
Re: [XMR] Monero Speculation
by
Hueristic
on 01/02/2019, 16:22:48 UTC
⭐ Merited by infofront (1)
Chainalysis: "@monero is our top priority" - https://threader.app/thread/1091010633657659395
Bullish?

Don't know anymore, its dangerous to be right when the world is wrong.

“Obviously, we listed Zcash, We didn’t attempt to list Monero and we felt that Zcash was the privacy coin that we could get our regulators comfortable with.”

get this right, they did not even dared to attempt list Monero, because it could displease the regulators, if you don't think we are living in 1984 meets Brave New World, I don't know what to say.

but the bittersweet part is, Monero will still pump hard in a bullmarket just because everything else pumps and Monero is in a good number of exchanges already. The last big uncorrelated pump was when Alphabay added Monero, and that alone made it the most profitable coin of the year, I don't think we'll see that happening again.

I also don't think they will try to go after Monero simply because its too late at this point, as it was with Bitcoin in 2011, at end of the day its just another open-source project. And they already have a ''privacy'' coin where they want, the corporation behind Zcash will bend to the will of the USG. Green said so.

Zcash will be the trojan horse that eventually gets Monero onto the big exchanges. A privacy-lite coin is a stepping stone toward getting the regulators comfortable with real privacy coins.

In a few years when Grin gets it's legs under it it will be the red headed stepchild (in place of monero) and not allowed on regulated exchanges and all the fat cats will have their bags of monero's and then it will be a private store of value they will have accumulated enough of to allow it on exchanges.