Damus
nostrich · 94w
A 90% dump means BTC at 6k. The thing about Monero is, that we are already through this. There is no one left in centralized third parties to dump it. Any sell off in BTC will increase the ratio be...
Mabardino ๐Ÿ€ profile picture
Genuine question from someone who doesn't know much about monero

I thought that it was 100% private in that you can't track any transactions or know how much someone is holding. So how can you make the statement that there aren't any centralised monero holders that can dump ๐Ÿค”
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mleku · 94w
But seriously, monaros live in a parallel fluffy bunny universe
nostrich · 94w
CEX and other custodians hold coins for their customers. Though some are running fractional reserves. As almost all CEX have already delisted Monero ore are going to do so soon means that all coins are held in self-custodial wallets. Monero is not advertised as an investment. Although there may be...