All this talk of will xmr will ever shake btc dominance and trying to justify whether the xmr/btc price will ever moon brings back fond memories of early 2016.
All we need now is Hueristic to start dabbling in margin trading again and we are bound to rocket once again after another alphabay announcement
All we need now is Hueristic to start dabbling in margin trading again and we are bound to rocket once again after another alphabay announcement
Ha, right! I may when Binances new exchange opens. BTW, i wasn't trading when alphabay hit I was temporarily dis-invested while dealing with a liquidity issue and we had been sideways so long I figured i could use those funds elsewhere for a month. I really do have the worst luck.
Reasons for XMR to potentially to overtake BTC. I'm not predicting this just throwing out reasons why it could happen.
1. Pure stupidity of crypto markets i.e. anything is possible. e.g. Verge could overtake BTC.
2. Tail reward comes to forefront as a confidence crisis over stability
3. On-chain fungibility advantage recognized as crucial
4. RandomX is a huge success (large and widely-distributed mining network becomes a clear advantage, contributing to a confidence flip)
5. Flexible blocksize results in significantly better on-chain scalability without a bloat explosion that destroys decentralization.
1. Pure stupidity of crypto markets i.e. anything is possible. e.g. Verge could overtake BTC.
2. Tail reward comes to forefront as a confidence crisis over stability
3. On-chain fungibility advantage recognized as crucial
4. RandomX is a huge success (large and widely-distributed mining network becomes a clear advantage, contributing to a confidence flip)
5. Flexible blocksize results in significantly better on-chain scalability without a bloat explosion that destroys decentralization.
It would be great but I wouldn't hold my breath. The establishment money are making money on btc/Fiat again and they barely even recognize Bitcoins existence let alone a system that will disrupt their very existence.