Bitcoin Forum

With the news from regulators, privacy coins were not pumping at all for a long time. XMR was stable around $140 for a long time, so does DASH and other privacy coins too but today it is totally the privacy coins time. Dash was pumped more than 80%, XMR 30% and ZEC close to that.
Is there any good news for privacy coin? Why suddenly it’s getting increased?

Bitcoin is absolutely traceable with more and more methods, so the fans of privacy looking for alternatives and buying in to privacy coins. XMR is the one which is called the best between those. 

maybe some whales turn on the button on privacy coins now, just like in the past we will see a pump on any type of cryptocurrency when the time is come
and maybe now is the time for privacy coins to grow

it looks like investors are starting to try to play all the coins amidst the coin price has increased significantly. this means that all coins have increased and coins that do not have the potential to become coins that have a good price in a short time

IMO, every coin has their time to grow, even the most dumped coin grow this particular bull run period, but besides, privacy coins had been stuck in price and had never observe any high pump in price during this bull run period. To me I think the regulators on coin do no affect the price if coin for ever, same thing happened to ripple where SEC case in court dragged down the price if ripple but suddenly, XRP regained her price and moving smoothly with others, my question is does regulators/SEC news affect price of coin for ever?

I think that the most factor for this bull is bitcoin bull. It is natural thing that from many years ago we have seen it .So any altcoin that is still not bull now still has the capacity to bull very soon if it has use case and good team players.

the entire market is moving up. it is a gradual process. the money flows in from BTC to medium marketcap projects and then to new projects. you will notice that the current flow of funds moves from btc to Defi. from defi to privacy and from there to low cap coin. even XRP that has been condemned by the sec is still thriving. the current market is favourable to everyone.

I believe they've just been pump due to Bitcoin and other altcoins pumping. It's this time of the year again. I haven't really seen any news that's favorable to privacy coin so I guess it's just supply and demand playing it's game again.

Yes I can noticed that as well, I was worried about privacy coins weeks ago because they failed to be bullish like other coins but now things are better, sero, dash, veil, etc are all growing better than what they used to be in value, only Monero shows a good sign since the bullseason started, things are a lot better right now

XMA and ZEC for the win when it comes to privacy coins

Because it is altcoin season right now.
With the bull market on-going, its obvious that all of the coins whether it is on the top or bottom will go high.
Not all of them will go up at once but now it is the time for those privacy coins to go up.

No fundamentals that made the price pump, it is because of the altcoin season.

I hereby believe that altcoin season has started. privacy coins, Defi, even the meme coin (Doge)  have started moving up. Previously I had thought in the bull market this time only privacy coins like dash, monero, or zcash were not affected by the increase due to the intervention of regulators banning privacy coins especially in the US market. But the reality is different, privacy coins are being pumped up today. and it proves that privacy coins are still needed today.

DASH only pumped because Bitboy was likely paid to do a promotional video. It's a fact that Monero is a fork of Bytecoin and there is little technical reason why it should be valued any higher than Bytecoin @ 0.00068746 usd. I sold all of my Monero a long time ago. The majority of people talking about Monero online now are shills paid by whales to help pump their bags by getting naïve retail investors to buy the "best privacy token" (Cyphertrace has a contract with the DHS and two patents with which to track Monero).

I think it's more on the market sentiment why it pumped, privacy coin will always a privacy coin, the government stance on it will remain but since we are in the bull market, you can expect that people will eventually pump these privacy coins.

However, I think we need to be careful, who knows, this pump is just a short run and price will dump again, if people will ride, they'll need to be careful and closely monitor the price as if no fundamentals, it will not last longer.

Why do most think Dash is a privacy coin? It is not. Dash is not that different from Bitcoin and is completely tracable. Dash recently officially confirmed[1] this. If you really want to be untracable, you have to rely on other options. I can recommend ARRR (PirateCoin), for example, in addition to the ones you have already mentioned (except DASH).

[1] https://twitter.com/Dashpay/status/1345093269919854592?ref_src=twsrc%5Etfw

It is better if at this time we remain careful because we do not know for sure whether this pump lasts long or short,
with conditions like today, of course we must always follow the development of prices and market movements too,
and let's see what happens in the future

To be honest, I wonder why private coins get so little attention, especially in the situation where government regulation threatens that such coins would be the ideal solution from my point of view, but the fact is different

 the more people start to use crypto as currency the more people will be interested for their privacy of transactions
privacy coins are the future!!!

Privacy coins are our best bet for the future! Because many regressive governments are trying to impose a blanket ban on bitcoin and other cryptocurrencies. As we will see more and more countries joining the ban bandwagon, the demand of privacy coins will only increase! Many people will go against the law to keep on transacting in cryptocurrency even after such ban and privacy coins will be their primary choice!

So if you are planning for the future, privacy coins must be a part of your crypto portfolio!

I have some Verge. It's not the most popular privacy coin but I get to invest in it because it's cheap and there is a growing acceptance of it. I'm keeping it for good in the orbot wallet on my phone that I have no plans spending it nor selling it soon because I prepare for a situation when my government will actually declare something like crypto will be banned.

You may be right, but the more people are using privacy coins, the more they come into the focus of politics. And from there is a short way to go before politicians label the use of privacy coins as a crime. Anyone who then uses privacy coins is a potential criminal. In some western countries this may still be okay because the consequences are tolerable, but in many others you will have to reckon with disadvantages and prosecutions.