Post
Topic
Board Wallet software
Re: Exodus Wallet to End Monero Support
by
Synchronice
on 05/07/2025, 11:16:29 UTC
Guys, what do you think, will Monero crash? I think that lots of companies will cut its support.

It will only crash if the demand vanishes. As long as there are people who buy it and use it, it will be good. And in fact, if the demand remains the same and the ease of supply diminishes, then the price will go higher. It's always a combination of supply and demand.
Of course the price of the coin is a combination of supply and demand and a few other details but I mostly wanted to know what others think about it's price. It's getting very hard to buy, sell or use Monero, which is definitely becoming a problem for Monero's adoption. If it becomes hard to use Monero and buy a thing with Monero, then I think that it will crash and I'm afraid we are leading that way (but want to hear opinions from others).

For example, if I have XMR and you need it and you can't find it elsewhere, I can add a premium to sell it.
That's a good point but Monero is a currency, not a treasure, so I think, that won't work. Who needs XMR when it's hard to convert it into fiat or pay for services with it?