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npub1ah3a...l76e
npub1ah3a...l76e
I wonder why the Monero "trader" community, after getting rid of Binance now entrusts KuCoin with 55% of all paper market volume. Are humans really not capable of learning anything? This is either masochistic behaviour, laziness that is easy to exploit or stupidity that will only net negative return. Atomic swaps, P2P exchanges are available but traders beliefs, that they can beat centralised third parties is unbreakable. I don't think that humanity deserves the benefits they could gain from Bitcoin and Monero use as money. Most prefer to live a slaves life.
Stop comparing exchange rates of Bitcoin and Monero in USD. Use gold to get a better understanding of where in the cycle we are. The answer for Monero is close to the bottom of an insansely stable range. For 10 years already it is fluctuating around 0.08 in gold terms. Do maxis still think it is not a good store of value?
$320 is the new $150 for Monero. They can't dump it any lower. Which means we are close to the point of max opportunity at lowest risk. They are in the game of painting candles here as the weekly close comes in suppressed. We'll see it get lifted again as the new week starts.