Is the XMR pump all due some darkmarkets announcing they will add it?

[BillyBobZorton]

The darkmarkets accepting bitcoin is probably a part of the reason why XMR is being pumped, but it can't be the only reason.

Well, you tell me then what it is? I have been asking, and no one has replied me with anything convincing. No technological advancements on their technology, they have not solved the bloated big sized blockchain and slow transactions per second (way slower than bitcoin) and so on.. so if XMR transaction volume rises, it will be really slow.

[BigSirko]

I don't give a benefit of the doubt to "speculators".  These darknets are already accepting Bitcoin and some of them accept other alternatives too.  A lot of the sheep investors who probably think Monero has some exclusive contract, like how businesses are either pepsi or coke. 

[BillyBobZorton]

I don't give a benefit of the doubt to "speculators".  These darknets are already accepting Bitcoin and some of them accept other alternatives too.  A lot of the sheep investors who probably think Monero has some exclusive contract, like how businesses are either pepsi or coke. 

But bitcoin is not fungible enough yet, at least until we have confidential transaction and mimble wimble and more advanced technology like that.

[bbc.reporter]

This coin has been forgotten for 1+ year since the first ATH happened, it never close to the last peak. Now, in a matter of days, we have seen the ATH getting destroyed and we are at a price higher than ever before.

Why is this happening? Is there any solid reasons, or is just a "buy rumor sell news" scenario?

Do people in dark markets are willing to use XMR when they need to buy BTC to begin with? whats the point?

Any technological advancements in XMR that I have missed?

Why this pump? I may get in but man this has to correct with a dip. Also im scared this can start crashing and become stagnant again. At the end of the day BTC will keep getting more anonymous with further updates.

Part of it is due to the news that darknet markets are accepting XMR. Do not deny it, it is big news. Also most of the rise is due to the traders pumping the price then selling them to the speculators, then pumping it again then selling again higher. Well you know the drill. It will go as high as it can until there are no buyers because the rise will surely end. We have seen this everywhere even in the real markets around the world. In the cryptosphere it happens much faster.

[owm123]

I don't give a benefit of the doubt to "speculators".  These darknets are already accepting Bitcoin and some of them accept other alternatives too.  A lot of the sheep investors who probably think Monero has some exclusive contract, like how businesses are either pepsi or coke. 

Which alternatives? Dash was accepted for a moment by, forgot the name, Nuceuils? market? The market is gone now and dash support in darknet.

[asriloni]

The darkmarkets accepting bitcoin is probably a part of the reason why XMR is being pumped, but it can't be the only reason.

huh ? does this the sentence that I bold above have anything to do with XMR? bitcoin just being accepted in the darknet from an age ago and thus XMR still not yet exist,how dare it could giving effect to the current XMR price being pumped? I think there's really wrong with this statement

[ShooterXD]

Get ur ilegal btc, Exchange it to monero, go to other Exchange , get ur btc back, and now u laundry ur money

[chesthing]

You gotta be the imbecile from hell to be buying any coin that has gone 10x+ in a week, but I suppose the trap door will fall when they run out of imbeciles as usual.

If Roger Ver is right, you're the imbecile. (and it's 2.5X in the last 7 days)

https://forum.bitcoin.com/monero/monero-price-speculation-thread-t10274.html#p29049

Sorry, a week and a half. https://coinmarketcap.com/currencies/monero/#charts
Fuckin' pump and dump just like all the rest, trick.

Stupid fuckin' wankers buying at $10 should find another hobby quick. This was nothing more than a pump/dump.

[generalizethis]

You gotta be the imbecile from hell to be buying any coin that has gone 10x+ in a week, but I suppose the trap door will fall when they run out of imbeciles as usual.

If Roger Ver is right, you're the imbecile. (and it's 2.5X in the last 7 days)

https://forum.bitcoin.com/monero/monero-price-speculation-thread-t10274.html#p29049

Sorry, a week and a half. https://coinmarketcap.com/currencies/monero/#charts
Fuckin' pump and dump just like all the rest, trick.

Stupid fuckin' wankers buying at $10 should find another hobby quick. This was nothing more than a pump/dump.

Pulls up BTC chart and glances at its progress after ATH...hmmmm--as long as Monero doesn't do that, I think we're good.