Why xmr -10%?

I know. "Use" part is applicable to perhaps of 5% of people in this group the remaining 95% are here either for "Investment" or as a "reserve doomsday currency" if the shit hits the fan in future. This 95% is concerned about their investment. This 95% is not using the XMR like a "Swift service".

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12.06.2023

Fraz

Jd
I know. "Use" part is applicable to perhaps of 5% ...

Are u retarded mate

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12.06.2023

Fraz

Jd
I know. "Use" part is applicable to perhaps of 5% ...

Just sell Ur xmr is we are dropping to 90 dollars and buy it back genius

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12.06.2023

Jd

Fraz
Are u retarded mate

Haha. You are retarded mate. The XMR market cap is say 2.5 Billion. The daily transaction volume is only 50 million. i.e only 2% of the total market cap is flowing in and out of XMR pipeline per day on an average. I have given a conservative figure of 5% not to piss anyone off. Now consider the Swift network. Look at what % of the daily transaction volume that is stuck in the Swift pipeline. It will be barely 1% , the remaining 99% of the money entering the swift network on a day will exit the network on the same day. This is not the case with XMR and it can be quantified. Now who is retarded?

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12.06.2023

Jd

Fraz
Are u retarded mate

Another way of looking at it is that people are holding money in XMR for 50 days on an average before they decide to do their transaction. This is unusually long period if anyone is using XMR as a network, especially during the Times of high volatility.

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12.06.2023

Fraz

Jd
Haha. You are retarded mate. The XMR market cap is...

Mate there's 8 thousand people in this group

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12.06.2023

Jd

Fraz
Mate there's 8 thousand people in this group

Atleast 6000 are bots

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12.06.2023