5mo ago

Why Monero is uniquely immune to the Collapse

simplifiedprivacy.com Monero is uniquely immune to the Bubble | Simplified Privacy

Today Monero is listed as a front-page trending coin on Coinmarketcap

But it isn't rising that much ($148.81 from the low of $137), it's just that it didn't collapse with coins primarily traded on centralized exchanges. Monero's attitude of "use it" over hodl & leverage keeps it stable.

And special to this situation, as I've written about earlier, this entire collapse is triggered by Japanese yen carry trades. Monero's history of being banned from the Japanese exchanges, makes it so that very few people long XMR/JPY on leverage

https://simplifiedprivacy.com/Monero-Japenese-Yen/index.html

10 comments

Lol wut. The featured image shows bitcoin going up and monero going down
- It had less volatility over the period of time, as measured by the algo. It might help to read the actual information before mouthing off
  
  I read it, I understand that. Which is why the image is so poorly suited for the article. That irony is why its funny.
  Don't be so defensive.

Do people in Japan use Haveno? Is there any cash-by-mail happening in Japan?
- asking the real questions here any japanese person can say?

It's still crazy to me that proton picked btc instead of monero for their wallet. It should've either been xmr only, or xmr + btc, like cakewallet does
- They larp as a private company.
- Not suprised, look at tails. You'd think by now monero has proved itself. Everyones gutless except the monero devs.
- It's because the Khazarian bankers are behind Proton, as deep state as it gets.
- Cakewallet led me to scammers :( Blaming my own stupidity afterwards but still ...

10 comments