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Topic: Monero vs Bitcoin - Price charts for the last month looking very good (Read 363 times)

jr. member
Activity: 28
Merit: 37
Monero has something different than the market that is going on for it, and because of that I think it's clear that it will not move along with the market at all. I would consider that it is going to be something that will move differently from bitcoin as well.

The main reason why monero has something different is the legality of it, in most cases hiding what you have is illegal and monero does allow you to do that, it doesn't mean that you have to be a bad person, but a bad person like a drug dealer could hide their money in monero, and then move it around whenever they want however they want, and a normal regular citizen could just say they invested early into monero once upon a time, and launder their money, hence why monero is not liked by governments and that's why it goes up or down based on different things than the regular market. I do not think that we are going to see this make big changes for monero, it will still not be a great coin, but it's a good one for sure.

Thanks to Monero I don't care what government thinks, my money is my money and it's not their business how much I have or what do I do with it  Wink
Monero is not only great, it's the greatest and the only cryptocurrency project that sticks to the cypherpunk roots.

If I wanted to launder money I would use FIAT.
It's the same "illegal" FUD we had with Bitcoin in 2010, it's the best time to invest before it gets into tens of thousands of dollars in evaluation.
Your money, your choice. I know Monero will soon hit the sky even if Bitcoin plummets.

Monero is unstoppable and the market is starting to recognize it.
People need efficient transaction processor.

https://x.com/shopinbit/status/1811651225005195471
https://x.com/CoinCards/status/1809702144288882870

Monero is taking over Bitcoin wherever both are present as it's better in every way.
You can thank me later for good advice or join /r/buttcoin and be angry at the whole cryptocurrency scene because you didn't invest when you had the chance.
Monero does today what Bitcoin promises to do in the future, that's why I think Monero is better "store of value" aside from being better digital cash while Bitcoin is "store of hope" without real world utility aside from speculation.

legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
Monero has something different than the market that is going on for it, and because of that I think it's clear that it will not move along with the market at all. I would consider that it is going to be something that will move differently from bitcoin as well.

The main reason why monero has something different is the legality of it, in most cases hiding what you have is illegal and monero does allow you to do that, it doesn't mean that you have to be a bad person, but a bad person like a drug dealer could hide their money in monero, and then move it around whenever they want however they want, and a normal regular citizen could just say they invested early into monero once upon a time, and launder their money, hence why monero is not liked by governments and that's why it goes up or down based on different things than the regular market. I do not think that we are going to see this make big changes for monero, it will still not be a great coin, but it's a good one for sure.
jr. member
Activity: 28
Merit: 37
Let's hope it will stay that way Grin

No hope needed my friend, it's technically superior to Bitcoin in every way so the evaluation of Monero will eventually surpass Bitcoin.
copper member
Activity: 168
Merit: 4
Last 7 days are looking really good for Monero



Let's hope it will stay that way Grin
jr. member
Activity: 28
Merit: 37
Last 7 days are looking really good for Monero

copper member
Activity: 56
Merit: 1
I'm not saying Monero's price isn't going to go higher. But no matter how high the price goes, Bitcoin is still going to outperform it. Also, Monero's price will only look good if Bitcoin's price is looking good. This is because the support behind Bitcoin is much stronger than that of Monero.
There is no doubt that any altcoin that is available in the market moves up or down when Bitcoin moves in that direction, whether it's Monero, Ethereum, or any other strong altcoins with a lot of supporters and investors, none of these coins or tokens can be compared with Bitcoin because Bitcoin has a very large user base and it has an extremely large investor's base, and no other cryptocurrency can have that many investors which means they can't compete with it.

The growth percentage can be different and that is because the price of Bitcoin is already pretty high, which means that for Bitcoin to do a 2x or 3x, it will need a lot of investments, but another coin or token worth $5 or something wouldn't need that much.

We need to know how we can differentiate between different cryptocurrencies when we are making our investments, and we should know our goals and targets before doing that.

It's still essential to have your portfolio diversified no matter how gud BTC is feeling to see the most results from it Grin
jr. member
Activity: 28
Merit: 37
member
Activity: 898
Merit: 19
Do it For Better Humanity (Bitget trader)
There is no doubt that any altcoin that is available in the market moves up or down when Bitcoin moves in that direction, whether it's Monero, Ethereum, or any other strong altcoins with a lot of supporters and investors, none of these coins or tokens can be compared with Bitcoin because Bitcoin has a very large user base and it has an extremely large investor's base, and no other cryptocurrency can have that many investors which means they can't compete with it.

The growth percentage can be different and that is because the price of Bitcoin is already pretty high, which means that for Bitcoin to do a 2x or 3x, it will need a lot of investments, but another coin or token worth $5 or something wouldn't need that much.

We need to know how we can differentiate between different cryptocurrencies when we are making our investments, and we should know our goals and targets before doing that.
You made good points and explained them well. I totally understand what you mean, and your opinion is really on point. I was trying to compare Monero as a coin to hold, with no less attention than the new ones. I think it was recently delisted from Binance. However, I'm not sure why, or maybe it wasn't Monero.
But to be realistic, you are right with what you stated, and that's mostly how it happens when it comes to altcoins and Bitcoin.
hero member
Activity: 2828
Merit: 611
I'm not saying Monero's price isn't going to go higher. But no matter how high the price goes, Bitcoin is still going to outperform it. Also, Monero's price will only look good if Bitcoin's price is looking good. This is because the support behind Bitcoin is much stronger than that of Monero.
There is no doubt that any altcoin that is available in the market moves up or down when Bitcoin moves in that direction, whether it's Monero, Ethereum, or any other strong altcoins with a lot of supporters and investors, none of these coins or tokens can be compared with Bitcoin because Bitcoin has a very large user base and it has an extremely large investor's base, and no other cryptocurrency can have that many investors which means they can't compete with it.

The growth percentage can be different and that is because the price of Bitcoin is already pretty high, which means that for Bitcoin to do a 2x or 3x, it will need a lot of investments, but another coin or token worth $5 or something wouldn't need that much.

We need to know how we can differentiate between different cryptocurrencies when we are making our investments, and we should know our goals and targets before doing that.
member
Activity: 898
Merit: 19
Do it For Better Humanity (Bitget trader)
I'm not saying Monero's price isn't going to go higher. But no matter how high the price goes, Bitcoin is still going to outperform it. Also, Monero's price will only look good if Bitcoin's price is looking good. This is because the support behind Bitcoin is much stronger than that of Monero.
sr. member
Activity: 1680
Merit: 379
Top Crypto Casino
The all time high price for the Monero is 178$ and now the price of the Monero around 154$.So their is not huge difference and the same may happen in few months in the upcoming bull run.Many traders know the fact Monero is the decentralised cryptocurrency,So the price may increase to any value in a single day.The demand of the Monero was still exist like the bitcoin,So the Monero holders can make the good money by investing in the Monero.But the patience is not followed by many traders may leads to loss.

I don’t know what chart you were looking at but Monero was over $500 in 2018. It is down over 70% since then. Growing adoption does not necessarily correlate with an increase in price. Litecoin is another example. Their daily transactions have increased a lot and it is used more than Bitcoin with some payment processors like BitPay, yet the price is 80% below its all time high.
member
Activity: 1027
Merit: 11
Even though last month's monero graph was very good compared to last month's bitcoin graph where the price fell slightly, do you know what the price of monero is now and try comparing it with the current price of bitcoin, you can see a very significant difference, Even so, I do not deny that Monero is one of the best altcoins currently, but I really prioritize Bitcoin as an investment at this time.
full member
Activity: 1025
Merit: 100
PredX - AI-Powered Prediction Market
I think it is very clear that Bitcoin's development is extraordinary, if you look at the monthly graph every year, Bitcoin is still superior when compared to Monero, and after I studied several articles about Monero, from year to year Monero's growth has decreased greatly and the community has divided and moving on to other altcoins, I concluded that they couldn't compete with Bitcoin forever.
hero member
Activity: 907
Merit: 1003
The all time high price for the Monero is 178$ and now the price of the Monero around 154$.So their is not huge difference and the same may happen in few months in the upcoming bull run.Many traders know the fact Monero is the decentralised cryptocurrency,So the price may increase to any value in a single day.The demand of the Monero was still exist like the bitcoin,So the Monero holders can make the good money by investing in the Monero.But the patience is not followed by many traders may leads to loss.
jr. member
Activity: 28
Merit: 37
jr. member
Activity: 28
Merit: 37
Still looking much better compared to Bitcoin



Higher resolution:
https://i.imgur.com/4BEWNaN.jpeg
hero member
Activity: 907
Merit: 1003
The bitcoin is the top of the other cryptocurrencies,but some of the potential coin was compared with the bitcoin.Monero is the potential coin which had huge supporters in the market and get the potential to compare.The Ethereum also used to compared with the bitcoin more often,the Monero also the decentralised currency and the market change in the bitcoin will surely reflect on the  Monero.If the cases of the monero was solved,the growth of the Monero will be like unimaginable one.The short period enough for Monero to reach 500$ from current value.
jr. member
Activity: 28
Merit: 37
I know they got delisted from some of the CEX's which will hurt them in the long run but if it's worth buying then it will hold it's price.

Actually when it comes to Monero delisting has more value than being listed on CEX due to price manipulation and paper sells by scammy exchanges like Binance.

We are all moving to DEX right now, as it should be from the beginning but the tech wasn't there back then.

CEX are nothing more than banks, you need to trust people that are behind it and people are not to be trusted as sooner or later they abuse their power.
hero member
Activity: 2464
Merit: 519
Comparing Bitcoin with other cryptocurrencies since the inception of cryptocurrency is a distraction. None of these coins have demonstrated superiority over Bitcoin, not even Ethereum despite its position on CoinMarketCap. Monero, with its special use case as a privacy coin, continues to be utilized regardless of market conditions. It remains listed on many top exchanges and is not intended to compete with Bitcoin.
legendary
Activity: 3752
Merit: 1415
Everything worth buying typically mirrors the bitcoin charts.  Bitcoin up then alts are up.  Bitcoin down then alts are down.  It's a simple game to play.  Monero is no different, I know they got delisted from some of the CEX's which will hurt them in the long run but if it's worth buying then it will hold it's price.
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