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submitted 5 months ago* (last edited 5 months ago) by orwelwasright@monero.town to c/monero@monero.town

I've been involved in crypto trading for about 10 years, and I'm looking for a genuine and valuable community (excluding Reddit) where I can discuss trading, crypto, and prices from both a technical and fundamental perspective.

I'm particularly interested in a space where not everyone insists on pricing everything in USD or BTC and where there's a strong interest in more trading pairs with XMR.

Privacy, self-custody, money -> Freedom.

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[-] prancing389@monero.town 8 points 5 months ago

I look forward to the day when all the people that "invest" in Monero have lost interest and moved on to greener pastures. Most of the folks in this community, at least the vocal ones, are more into expanding it's usage, promoting the build-out of the circular economy and helping spread the word to the "normies" without becoming brain damaged maximalists that can't really explain the value of their coin in coherent terms.

Another thing I look forward to is slowly phasing out any discussion of comparisons to and with Bitcoin. The ship has sailed and Monero WON. The two crypto-currencies now have less in common than they did several years ago due to several factors:

  • The delisting of Monero from Centralized Exchanges worldwide has removed it from the pick list for most CEX's, therefore taken it off the radar for those swapping in and out of various crypto's for profit.
  • The crackdown on any privacy tools associated to Bitcoin makes clear to the public that Bitcoin's authorized uses will be very minimal going forward, and being part of a circular economy in a peer to peer exchange will not be happening with BTC. This coin has been captured by the cabal and therefore, unable to fulfill any of it's original missions as outline in Satoshi's white paper.
  • The capture by the stock markets and Big Banking with the formation of numerous ETF's, based on derivatives which re-hypothicate (i.e. counterfeit) BTC to a point where it more closely resembles an over-valued tech stock than it does a bonafide cryptocurrency. Also, the ETF has affects on the price that DO NOT resemble that of crypto-currencies. It's like trading forex on the commodoties market, apples and oranges.
[-] Scolding0513@sh.itjust.works 6 points 5 months ago* (last edited 5 months ago)

Monero people are more into utility, not so much trading.

that being said, this makes me think of something, I'm really surprised that Trade Ogre doesn't have a set of XXX/XMR trading pairs, even though they focus on privacy, nokyc, etc. just xmrbtc and xmrusdt i think.

are there any markets that even have xmr pairs beyond those two?

[-] orwelwasright@monero.town 2 points 5 months ago

Basically XMR pairs means liquidity and more adoption, price is an integral aspect of every currency and we can like it or not but that won't change this reality.

I totally understand the show that influencers and all the rocket lines and predictions creates and I'm not talking about that kind of stuff. Seems to be a good timming for share something different and add value to the topic :)

[-] Scolding0513@sh.itjust.works 1 points 5 months ago

are there any markets that even have xmr pairs beyond those two?

.

[-] VolunTerry@monero.town 4 points 5 months ago

MoneroTalk has a price report with Bawdyanarchist to open most episodes and he covers price trends and technical analysis and the like. I don't follow that stuff much, but it's all I've got as a jumping off point for more resources for you. Maybe you could contact Bawdyanarchist or the team there to ask where the good discussions happen?

[-] orwelwasright@monero.town 2 points 5 months ago

Cool, I honestly don't spend time on videos or follow trends like Monerotopia (I prefer to read blogs, forums, like old days) but perhaps I can talk with Bawdy because I like their style.

Thanks ๐Ÿ‘Œ

[-] Wave@monero.town 2 points 5 months ago

Price speculation and analysis has always been of little interest or even frowned upon in this community. Monero is a tool that works. If you need it then get it, or borrow it and then use it. It is not meant to be looked at, displayed in a showcase.

[-] orwelwasright@monero.town 1 points 5 months ago

I understand that price is an integral aspect of good and services like currencies and the whole world priced into our social and/or community reality.

I think that confusing price with the BS around is like confusing privacy with pr0n or something else. I'm agree that security is more important, that means adoption and price on the complete equation.

this post was submitted on 23 May 2024
6 points (68.8% liked)

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