I hate this, because it makes it hard to use Monero as peer-to-peer digital cash, which is what truly matters. Fuck all these moonboys, and may they burn in hell.

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it's worth noting that the price floor has risen. but that's about it.

I use these things primarily to determine what's going on in the world, where capital flows and therefore sentiment in the crypto world is. Price moves themselves matter little to me.

exactly. a higher floor just means there's more non-speculative money involved.

people will only become *more used to the idea of digital monies.

This event is the third time in more than a decade. Price increases are OK to raise value and attention.

This is also needed, to break through the current difficulty to acquire Monero nowadays with all the restrictions imposed silently since last year.