Why I am bullish on XMR (Monero) : Darkweb BTC no more.

web_riches

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Hey black hat world,

Just want to give you heads up on potential upcoming crypto hit.

This involves what bitcoin is, the dark web most use currency , and what it is changing to.

People think that BTC is untraceable, this however is sadly untrue unless you're very technical. Most dark websites take BTC as payment, These sites then wash the BTC by swapping BTC into XMR, then back to BTC, this way it's clean and less traceable (This is a bit overly simplified but you get the idea). This is technically referred to as wash trading. Quick swaps in and out of a particular token. XMR (Monero) Being untraceable it is the ideal method to do this.

For this reason people thought that XMR (Monero) Would never catch on and would only be used as a wash token for the dark web, As such its price remain kind of low. Keep this in mind.

Most dark websites do have a limited lifespan before an exit scam, or they get taken down, or who knows. This cycle happens regularly.

What's happening though is that the next weave of dark websites that are coming are not accepting BTC anymore, only XMR (Monero).

That is the big part: I hope you can see where this is going..

XMR has a Market cap of $1,642,131,490 so about a billion or so today.

When the next generation of dark websites come online and do not accept BTC anymore, but only XMR, I expect the market of XMR to move up to around by a few billion or so. I tentatively put estimate about 10 billion in a year. The reason being that the downward selling pressure/wash trading will be removed, and hence more investment into XRM and the price will rise.

The second key, is the this next cycle of dark websites falling and relaunching is just about to kick off in several weeks (*Give or take).

So if this prediction proves to be true we could start to see a rise in the price of XMR (Monero) soon, from $92 ish today, up to ???? .

Keep in mind though this is crypto : never invest more than you're willing to lose and do your own research. This is just information that I wish to share with you all it's up to you to validate the validity of it. If it proves to be successful you make a couple of million, consider sending your boy over here a tip ;) lol.

Good luck!
 
Following.

How'd you know a new wave of dark sites is coming? How many have you prepared :D
 
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Reactions: Toz
Following.

How'd you know a new wave of dark sites is coming? How many have you prepared :D
Well... the largest one out there just went down (EmpireMarket), so maybe it's time for some new stuff :)
 


Thanks for the heads up!
Personally I don't do any business on the dark web, I Just do some day trading.

My overall goal is to invest in this token and let it ride up than cash out a few months, or even a year. I think Monero could hit $10K , or, dam.. I would like it to.

But it's good point that there always People finding ways to watch for these red flags.
 
I don’t like alts some how don’t see value in them even though your arguments makes sense I’ll yet avoid them. But others will have to do their research before buying it
 
what is the world coming to holding crypto =criminal.The powers at be hate to lose control.
 
I totally agree with you. XMR seems like a potential future.

But I'd also recommend you watch how the Zk-SNARKs technology is applied and maybe the transition of Zcash (ZEC) on Ethereum.
 
Cash is private. They want to gain control, not lose it.
Well put they want fuck us with taxes. If you swap a coin for another or sell goods and services its a taxable event this is bs you are losing money in the process. Much better to use cash.
 
Thanks for the heads up!
Personally I don't do any business on the dark web, I Just do some day trading.

My overall goal is to invest in this token and let it ride up than cash out a few months, or even a year. I think Monero could hit $10K , or, dam.. I would like it to.

But it's good point that there always People finding ways to watch for these red flags.

I think they gonna crack down on Tether at least.

It got too crazy with Tether. It's now at the top 5 I think and it's not even a proper cryptocurrency, it's just a token with a unknown amount of dollars behind it.
 
what is the world coming to holding crypto =criminal.The powers at be hate to lose control.

Well there does seem to be a lot of wrongdoing surrounding crypto.

Crypto itself isn't criminal but we gotta admit the amount of scammers and criminals using it is probably insane.
 
I think they gonna crack down on Tether at least.
People have been saying this for years but the Tether doomsday never arrives. That article you linked above just says that tightening restrictions would just mean exchanges or anyone else selling USDT and other stable coins would have to have KYC/AML implemented. Thats pretty much all the mainstream ones already.

The volume levels on uniswap should be a clear indicator of where this is all going.
 
so your hodling an xmr bag and want us to help bail you out ?
 
so your hodling an xmr bag and want us to help bail you out ?
HAHAHAHAHHAAH Good one.
Sure the kids here on BHW make the bank, but it would take a lot more than them to move the needle up past $200.
 
:) . whatever hype you here about this alt and that theres only one to watch and when that goes up they all go up and vice versa .the end
 
People have been saying this for years but the Tether doomsday never arrives. That article you linked above just says that tightening restrictions would just mean exchanges or anyone else selling USDT and other stable coins would have to have KYC/AML implemented. Thats pretty much all the mainstream ones already.

The volume levels on uniswap should be a clear indicator of where this is all going.

Looks like New York courts have issued some new orders recently. Could happen any minute. Don't take tether for granted.
 
Been following monero for 3 years now. Recently divested 50% of my holdings because I can see a regulatory tsunami incoming.

It has always had regulatory issues as it is completely untraceable -- but it seems like the regulations are just:
- If you allow XMR Trading you MUST have KYC/AML in place.

This makes on/off ramps traceable, but the actual source of those funds aren't.
I do believe we will see a crackdown on monero. Sure, it may still power the darkweb but you still have to let the powers that be know that you are using it when you KYC/AML, even if you aren't directly incriminating yourself.

ETH will get privacy built in, eventually.
 
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