Today #monero dropped like 10+ ranks in shitcoin marketcap. It's now at rank 38, behind shitcoins that you never heard of, making it even more evident how insignificant and irrelevant the #XMR is. If you're still holding that melting cube, HFSP.
Discussion
#bitcoin maxis don't care about ETF listings – it's traders, shitcoiners, and twatter "influencers" who do.
This a lie. Bitcoiners everywhere were getting a hard-on for what they imagined it would do to the price.
Most self-proclaimed #bitcoiners, especially on Twitter, don't actually understand #bitcoin. They just want to get rich quick. They are essentially traders who also hold stocks and other "investments" for "risk allocation". They will be the first ones to sell back to fiat. Genuine bitcoin maxis are scarce, scarcer than bitcoin itself.
"They just want to get rich quick"
Sounds like you guys. All you ever talk or gloat about is price
There is no "you guys". I don't belong with all those fake #bitcoiners, so don't group me in with them. I am my own person, unique and distinct.
Take a look through my feed and find one post where I talked about ETF listings or fiat prices. The only thing you'll find is me criticizing others for being obsessed with those things and urging them to break free from fiat mindset.
No you're not. You all sound the same. All you talk about is price. You literally just tagged me in a price discussion
Getting rich quick is not the reason i hold #bitcoin. Not wanting to get poor quick is the reason why i don't hold #monero (or any other shitcoin). You may need to read this a few times to understand its meaning.
You are unique, distinct and non-fungible, just like every Bitcoin.
Last i checked it was called cryptoCURRENCY not cryptoINVESTMENT. What do any of those other coins actually do? Monero is one of the only coins trying, and succeeding at bring a currency. If you want to invest in something why not buy stocks that actually are part of companies that do something instead of random coins that do nothing?
Hopefully im just falling for a joke hear but if not absolutely garbage take
Your shitcoin currency is losing value faster than fiat. It's hot potato money. I know it, you know it, the market knows it.
#sats over #lightning or #liquid is succeding as currency for small payments, #xmr is not.
I don't care about ETFs, stocks, or Bugattis. The greatest investment you can make is in yourself.
Why the hostility? Losing value != useless. The usd loses value all the time but it is still effective as a medium of exchange. I agree lightning is successful as well but nowhere does bitcoin beat monero in privacy of transaction.
Why the fixation on price?
Don't make me pull up the early 2022 Bitcoin chart. Can't handle the volatility get out the kitchen.
LN and Liquid have trash privacy and even trashier adoption. No one wants to use it unless it's custodial. And DNMs won't touch the stuff.
Peter Schiff, is that you?
Your statement is completely irreleveant, you nailed that one. Monero is not full of ups, and so is not Bitcoin. Have you considered Bitcoin as hot potato money when it dropped from $60K? I'd have laughed.
My statement being irrelevant is not the point. The market has made its decision, just check the XMR/BTC graph. Every year that passes, #monero loses, not only to #bitcoin but to other shitcoins aswell.
Not hating on you, in fact, what hurts me the most is that the Monero community, unlike other shitcoiners, comprises of smart individuals who value #privacy and #freedom. Unfortunately, many become blinded and turn into maxis, constantly hating on #btc and refusing to acknowledge that #xmr is merely a privacy tool, a pseudo-L2 for Bitcoin and nothing else. It's a hot potato, where users constantly atomic swap to and from Bitcoin. No one wants to hold it medium-term, let alone long-term. And no one accepts it as a currency besides few privacy services. It has failed both as a store-of-value and as a currency.
It's actually easy to catch Monero maxis here on #nostr, they don't even bother setting up a Lightning address to receive zaps. They also think Monero will catch up to Bitcoin in the future, it won't. There is no second best. You can Bitcoin, or you can lose (with Monero), but at least you lose privately.
On-chain mixing, #lightning, #liquid, and eCash offer enough privacy for the majority of people. Unless you are into shady darknet markets, there's no need for Monero.
This is probably my last time answering about Monero-related topics. Bees don't waste their time explaining to flies that honey is better than shit. Best of luck to all Monero holders, I hope they can weather the storm ahead and jump ship before it's too late.