How will you determine the price of 1 XMR once

Everyone’s guess is just their take on how a ban will affect the price of Monero. Read the book Monerostandard.com - it’s a great book and maybe it can reveal where price is heading.

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4 месяца назад

YellingTurns

then you determine the price

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4 месяца назад

Jd Автор вопроса

YellingTurns
then you determine the price

I can't. My point is nobody can. It will end up like a barter system. Where you sell 10 grams of silver for 1 kg of bacon whereas someone in the other end of your town will sell 10 grams of silver for 2 kg of bacon. It will be total mayhem.

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4 месяца назад

YellingTurns

Jd
I can't. My point is nobody can. It will end up li...

which means you set the price. it, worked for many thousands of years, then a tribe of swindlers showed up

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4 месяца назад

Jd Автор вопроса

YellingTurns
which means you set the price. it, worked for many...

It's the reverse. The seller if goods sets the price. He will pull down xmr to near cheap rates. You all know what xmr is used for. XMR is always used in a seller's market.

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4 месяца назад

Big Knobby

Jd
I can't. My point is nobody can. It will end up li...

Why would it end up like a barter system? We still have the Internet, dexes and still other cex. OkX and binance aren't the only scammers in town, you can easily go to another one.

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4 месяца назад

David

YellingTurns
which means you set the price. it, worked for many...

What tribe? 👀👀

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4 месяца назад

Monero66 Monero

It will become rare, and it is the rarity that makes the value so I think it will be high

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4 месяца назад

YellingTurns