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

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  
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.

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.

No hope needed my friend, it's technically superior to Bitcoin in every way so the evaluation of Monero will eventually surpass Bitcoin.

Let's hope it will stay that way

Last 7 days are looking really good for Monero

It's still essential to have your portfolio diversified no matter how gud BTC is feeling to see the most results from it

Higher res:
https://i.imgur.com/9XxCMdF.jpeg

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.

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.

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.

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.

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.

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.

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.

Higher resolution:
https://i.imgur.com/6Vbm2le.jpeg

Still looking much better compared to Bitcoin



Higher resolution:
https://i.imgur.com/4BEWNaN.jpeg

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.

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.

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.

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.

Maybe you mean before? Because if we take a look at the chart, it had recovered and improved its performance. Even OP said that charts for both coins are looking very good. It is stated in the title of his thread. If the momentum continues for Monero, then reaching its new ATH is possible.

As you said, there are different ways to analyse a chart. Maybe you only analyse it poorly, so you came up with such a conclusion but for some, they might be positive about it. When it comes to profitability, there's also different factors that can be taken and not only about their price, like how much coins we bought? And how long we are involved here? So, we can still profit more in BTC.

Monthly chart means Monthly chart, so don't get upset because it doesn't fit your vision  


I think you are living in a denial, number of tx per day is only increasing for Monero and demand according to coincards and other places has dethroned Bitcoin for a long while now.
https://bitinfocharts.com/comparison/monero-transactions.html#alltime

It's just a matter of time till Monero gets higher than Bitcoin due to Bitcoin fixed block size that can't handle more transactions.
Of course you can argue that LN should be used but LN is a failure that is getting more and more centralized due to it's nature so you can as well use PayPal.
But even LN had problems working when Bitcoin was abused by ordinals.

Adoption is increasing very fast due to low tx fees and possibility of 0-conf transactions (instant transactions without third-parties/second layers) - I pay like this for my servers, it takes about 3-5 seconds and the fact that on average your tx is included in next block no matter how much load there is due to dynamic block size makes it pretty safe for small transactions.

Here are some statistics you may lookup: https://cryptwerk.com/pay-with/xmr/

As for the all time charts, Monero looks much more stable.

Either way, I'm not here for the gains but for the freedom and due to transparent nature of Bitcoin, I choose Monero.
It's a free world so I'm happy that you're happy with your (whatever) project.

Because their goal is the same regardless of how many times Bitcoin narrative has changed due to not updating their protocol to the needs - to be Digital Cash.
The narrative of Digital Gold is dead because it fails at too many things to be one (too much volatility, no fungibility, too transparent), now it's Digital property...
Even for storing alone Monero is better, I don't want a random dude from some IdiotsUnited site like instagram/twitter to talk about my transactions.

The more money you have, the more privacy matters.

Bitcoin: A Peer-to-Peer Electronic Cash System -Satoshi Nakamoto
Remember ? Monero does remember.

Cheers!

You get to see them a lot. And it is normal to see people compare btc to altcoins.
Although I like both of them but I am holding btc and not monero.
There are just some things that we need to do and decide which is okay for us and if you see people that keep on comparing them, just get used to it.

Monero is not the right choice right now. As we can see in the chart that it is continuously dumping and I don't think it will move again towards its All time high. These charts can be analysed by different techniques but as far as my advice is considered it's not the right time to invest in Monero.

Bitcoin is a better choice but keep one thing in mind if Monero takes off towards its ATH it will definately give more profits then Bitcoin.

This kind of comparison doesn't make much sense to you, but in this space what we are seeing is the growth of bitcoin and of course it is the reason that directly affects everything else in the market.

Basically, I think Monero still has interest and support, speculation with this currency is also feasible but there are specific risks. The field in which it develops is gradually becoming the focus of government agencies that want to control crypto, but nonetheless its position is accepted as just that if there is a plan for it then the story is just that is to wait until the moment when you can sell.

Monero is trending likewise bitcoin still remains as the leading cryptocurrency no matter the situation, we couldn't have been placed with any opinion of trusting on any altcoins if not for the reliability already found with bitcoin, in such a way that even if we failed in other assets of investments, we are sure about earning some reasonable amount of profits with bitcoin, there is no doubt that bitcoin has been performing nicely together with monero from all the illustration charts given, for those investing already, its an added advantage or opportunity.

finally there is something good coming for Monero this year because for me this coin is Undervalued that needs to
show strength now more than what is really need to come .
I actually do believe in 2021 Monero will jump to the moon but I fail so this year at least something is better
waiting for this old coin.
Not sure why people is still trying to make Versus for Bitcoin against altcoins when this coin
is far different from the number one cryptocurrency in the world.

Obviously, Bitcoin has got a better chart and there's no doubt about that. As much as we want to retain privacy coins like Monero. We can't do shit about the authorities cracking it down where it is being listed. But as an investment, Bitcoin is wiser but if you're into privacy then obviously monero has got that field.

In all time chart. Monero chart looks so bad. Even when bitcoin is new ATH, monero still doing shitt!!! Im not even thinking monero will reach ATH again. Mothly chart means nothing. The all time chart has showed that monero continuously dumping.

It has lost its demand. Even the volume has been declining so hard. It seems to me people are starting to abandong the privacy coin these days.

Higher resolution:
https://i.imgur.com/CsoqjWV.jpeg