Interesting. I never realized how stable the BTC/XMR ratio seems to be for a long time, meaning that today an X amount of XMR buys you the same amount of BTC (and vice versa) as it did since 2016 if you neglect the peaks between 2016-2019.
Discussion
shhhh
they think that increased speculation by fiat maxis in 2017 was a good thing.
and they never post the whole chart 🙄
Yes I know. Always cherry picking. There was a tweet here recently from a guy who posted a photo of a gold bar and said how much more profit one could have made if he had bought bitcoin instead of the gold bar at this specific point in time. I then just for fun looked at how much more this person could have made if he had gone into DOGE and it turned out that it would have been a 3x more or so than what he could have made with bitcoin if he held DOGE until today 😂 I must admit that even I was very surprised
I posted the whole chart. Maybe tradingview doesn't have data far enough back, but I selected "all time" or whatever it was at the bottom
probably just a interface thing.
I'm just saying increased speculation around 2017 doesnt mean the value of monero has decreased since that date.
it just means that for a brief moment
shitcoin speculators thought they could make fiat by pumping it.