web_riches
Regular Member
- Feb 9, 2010
- 303
- 247
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!
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!