Replying to Avatar SimplifiedPrivacy.com

Monero moving 10% a day (up or down) is bad in the long-term

It's fine to be happy we got a jack up. But long-term, it makes it impossible to price anything in XMR. And if it's got fast volatility up, it can do more down later.
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Liberty Farmer 7mo ago

There is zero real liquidity, unless that changes, it will always be that way.

Exchange trading volume is only 100 to $150M on average.

One small whale steps in or out, or a LP for the atomic swaps, and boom. 10%>

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SimplifiedPrivacy.com 7mo ago

Depends on how we're using the word liquidity. If it's price to volume, then yes you're correct.

If it's volume of on-ramp or off-ramp liquidity, when compares to other coins such as Bitcoin... Monero has a vibrant peer-to-peer market.

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Liberty Farmer 7mo ago

Lol, no. It doesn't.

I am talking about real volume. Say a few thousand to a million Monero per day.

You have also no idea the actual volume due to the tx amounts hidden.

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SimplifiedPrivacy.com 7mo ago

if you go on retoswap or openmonero, you'll find at least (if not more) liquidity than bisq. And those volumes can be seen

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Someguyspoasts 7mo ago

No monero bags? Ngmi

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Liberty Farmer 7mo ago

Also, you are talking about price movements in USD, so yes, the metric would be on and offramps at exchanges.