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Hah, no, you don't drive the price up to get people to sell, you just keep driving it down. With a small market cap and without traditional financial regulations it can be surprisingly easy. At some point people cut their "losses" and you can buy their coins for cheap.

But really, when the only people using it are "interesting", it's a valuable signal! Why would you get rid of that?

ede3d957... 9mo ago

Are you guys new to this? That's exactly what has been happening for well over half a decade already.

Do some research and you'll find plenty of information on how price manipulation has been done. The nice thing is that at least against USD, Monero is still stable and rising slowly.

So the need for privacy is bigger as the tools for price suppression.

Do you really think that a coin that is in the portfolios of almost all OGs, that is used for actual transactions more often than Bitcoin and took over the DNM would be ranking top 30 only by marketcap if it were not for constantly attacking it?

Marketcap measured in fiat is a useless metric. The fight is real and adoption also.

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Discussion

ynniv 9mo ago

I don't have a strong opinion on Monero because I haven't looked deeply enough. All I know is that "ASIC resistance" isn't a thing, using something that's only used by people who are hiding is a signal of its own, and the world is a complex and brutal place.

"Go, Confront the problem! Fight! Win!

And call me when you get back darling I enjoy our visits"