Topic: [XMR] Monero Speculation - page 193. (Read 3314309 times)

Good time to exercise clicking on the ignore button too mate.  I do wonder what is behind accounts like this.  Paid shills..? Sock puppets..? Who knows....

As if anyone here who has held this far is likely to sell now...  

Yeah but doesn't mean "THEY" ain't gonna TRY to do it anyway in order to preserve their power structure.

It comes down then to a problem of Educating The Masses. Making the proverbial Man On The Street AWARE of the problem, and its solution.

That never happened yet in all the time since 1913 (at least) with the creation of the (not) Federal (no) Reserve System.

They were able to accomplish the scam thru purely social and communication education medium control.

Bitcoin and Crypto is MAYBE DIFFERENT ("it's different this time") perhaps ONLY because it's a little more TECHNICAL, as the "software" plays a larger role in replacing the middle man, custodial aspect.

But the idea the entire Grand Experiment that Satoshi launched could FAIL just 'cuz da peeple iz stoopid... is still pretty depressing  

Deploying a similar system for Bitcoin and/or other cryptocurrencies such as Monero is just insanely stupid imho - it counterfeits most of their initial ideas that led to the creation of Bitcoin.

The way paper crypto would work is like this:

1.  The institution holds 1 XMR
2.  The institution gives you some sort of promise of ownership of the capital it is holding.  This 1 XMR belongs to pönde.
3.  But they still hold the keys.
4.  They then use this same 1 XMR for further financial purposes, for example selling it short, or giving ANOTHER entity claims on it as well as you.

All of the above works fine until there is demand from multiple owners of the asset at the same time.

This was a huge part of the 2009 financial crisis.  It is a form of fractional reserve.  And poof Lehman Brothers is just a page in history...

And YES!  Those "paper BTC" *do* already exist.  Most, if not every exchange that holds the private keys for user's accounts is doing exactly this.  In the end (because of theft) it was also the way GOX fell.

The ultimate remedy is unique to bitcoin as it is a digital bearer asset.  All users have to do is either to hold their own private keys, take "physical delivery" of any contracts they purchase, or at the very least only do business with entities that keep BTC in segregated addresses for which the user KNOWS the public key, or address.

This is where it get's interesting, because never before has there been a financial instrument that has the bearer asset properties of cash, but all the advantages of digital money on top.

The WORLD is not anymore the way it used to be, mm mm mmm, Nuh Nuh NO!

Good time to sell.

Ya I guess monero turned out to be a shitcoin like the other ones. I really wish I never pucrhased this crap coin, I lost so much money on this scam.  The price continues to fall each day with zero signs of improvement

Guys (or one guy probably) I so much believe in your generic statements about monero. Please, go on, at least you adding to posts count in thread,

I used to believe in this coin but now he only go down.  I wish I never gouth Monero it will probably be 5 dollars or less soon.

I used to believe in this coin but now he only go down.  I wish I never gouth Monero it will probably be 5 dollars or less soon.

Law enforcement agencies have to follow laws. They cant just make up laws. Laws exist for centuries and millenniums and evolve slowly in time. People employed in this agencies dont even dream of doing anything against TOR and now private ledger cryptocurencies.  They see use case in them also valuable to them and to everyone else. Same as ithave use case to criminals. Like many other things beside TOR and private ledger cryptocurencies.

Yes I am 100% sure that there will be politicians trying to do something. But in most countries law is independent pillar of society and is not influenced by politicians wishes. And this turmoil will go on for some time so those politicians will get lots of attention.  But at the end common sense and law will win.


It is beyond my imagination how some, and it shocks me there are so many, people even imagine future with most transactions and basically everything totally transparent. Criminals will know just everything about you. That will be way way way way way more dangerous for society that criminals will have easier way to hide their activities.

Monero is a very interesting coin, but if law enforcement agencies take up the fight against anonymous cryptocurrencies, then many investors will leave this coin.If this happens, the price may fall to a very bad point due to the downward trend.

I converted all my monero to bitcoin and other alts.  Quite frankly, I don't think Monero has a bright future.  There are too many competing privacy projects that have better tech.

I feel bad for the suckers that bought this shitcoin.