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Why this is not correlated with the price?

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Speculation. Main problem is, that cryptos are object of speculation currently rather than currency for payments

𝗛𝗮𝗹𝗶𝘀
Speculation. Main problem is, that cryptos are ob...

I kind of agree and disagree If it were all purely speculation, there'd be nowhere to use cryptocurrencies.

it,s said 1- the price is suppressed by exchanges selling paper monero (because exchange reserve in monero is secret and unverifiable unlike other crypto) 2- governments shorting it to make it not get any attention by price being suppressed these 2 cailms are unverifiable and no proof , but you can google there is some justification for the first one in Reddit

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