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Author Topic: Monero vs Bitcoin - Price charts for the last month looking very good  (Read 352 times)
Cryptoababe
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July 15, 2024, 11:29:01 PM
 #21

I'm not saying Monero's price isn't going to go higher. But no matter how high the price goes, Bitcoin is still going to outperform it. Also, Monero's price will only look good if Bitcoin's price is looking good. This is because the support behind Bitcoin is much stronger than that of Monero.

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July 18, 2024, 08:39:43 PM
 #22

I'm not saying Monero's price isn't going to go higher. But no matter how high the price goes, Bitcoin is still going to outperform it. Also, Monero's price will only look good if Bitcoin's price is looking good. This is because the support behind Bitcoin is much stronger than that of Monero.
There is no doubt that any altcoin that is available in the market moves up or down when Bitcoin moves in that direction, whether it's Monero, Ethereum, or any other strong altcoins with a lot of supporters and investors, none of these coins or tokens can be compared with Bitcoin because Bitcoin has a very large user base and it has an extremely large investor's base, and no other cryptocurrency can have that many investors which means they can't compete with it.

The growth percentage can be different and that is because the price of Bitcoin is already pretty high, which means that for Bitcoin to do a 2x or 3x, it will need a lot of investments, but another coin or token worth $5 or something wouldn't need that much.

We need to know how we can differentiate between different cryptocurrencies when we are making our investments, and we should know our goals and targets before doing that.

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Cryptoababe
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July 18, 2024, 11:28:30 PM
 #23

There is no doubt that any altcoin that is available in the market moves up or down when Bitcoin moves in that direction, whether it's Monero, Ethereum, or any other strong altcoins with a lot of supporters and investors, none of these coins or tokens can be compared with Bitcoin because Bitcoin has a very large user base and it has an extremely large investor's base, and no other cryptocurrency can have that many investors which means they can't compete with it.

The growth percentage can be different and that is because the price of Bitcoin is already pretty high, which means that for Bitcoin to do a 2x or 3x, it will need a lot of investments, but another coin or token worth $5 or something wouldn't need that much.

We need to know how we can differentiate between different cryptocurrencies when we are making our investments, and we should know our goals and targets before doing that.
You made good points and explained them well. I totally understand what you mean, and your opinion is really on point. I was trying to compare Monero as a coin to hold, with no less attention than the new ones. I think it was recently delisted from Binance. However, I'm not sure why, or maybe it wasn't Monero.
But to be realistic, you are right with what you stated, and that's mostly how it happens when it comes to altcoins and Bitcoin.

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August 30, 2024, 04:31:48 PM
 #24



Higher res:
https://i.imgur.com/9XxCMdF.jpeg

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betswift
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September 02, 2024, 06:19:13 AM
 #25

I'm not saying Monero's price isn't going to go higher. But no matter how high the price goes, Bitcoin is still going to outperform it. Also, Monero's price will only look good if Bitcoin's price is looking good. This is because the support behind Bitcoin is much stronger than that of Monero.
There is no doubt that any altcoin that is available in the market moves up or down when Bitcoin moves in that direction, whether it's Monero, Ethereum, or any other strong altcoins with a lot of supporters and investors, none of these coins or tokens can be compared with Bitcoin because Bitcoin has a very large user base and it has an extremely large investor's base, and no other cryptocurrency can have that many investors which means they can't compete with it.

The growth percentage can be different and that is because the price of Bitcoin is already pretty high, which means that for Bitcoin to do a 2x or 3x, it will need a lot of investments, but another coin or token worth $5 or something wouldn't need that much.

We need to know how we can differentiate between different cryptocurrencies when we are making our investments, and we should know our goals and targets before doing that.

It's still essential to have your portfolio diversified no matter how gud BTC is feeling to see the most results from it Grin

MeGold666 (OP)
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September 04, 2024, 08:40:40 AM
 #26

Last 7 days are looking really good for Monero


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September 04, 2024, 08:58:20 AM
 #27

Last 7 days are looking really good for Monero



Let's hope it will stay that way Grin
MeGold666 (OP)
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September 04, 2024, 09:28:09 AM
 #28

Let's hope it will stay that way Grin

No hope needed my friend, it's technically superior to Bitcoin in every way so the evaluation of Monero will eventually surpass Bitcoin.

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September 05, 2024, 05:08:40 AM
 #29

Monero has something different than the market that is going on for it, and because of that I think it's clear that it will not move along with the market at all. I would consider that it is going to be something that will move differently from bitcoin as well.

The main reason why monero has something different is the legality of it, in most cases hiding what you have is illegal and monero does allow you to do that, it doesn't mean that you have to be a bad person, but a bad person like a drug dealer could hide their money in monero, and then move it around whenever they want however they want, and a normal regular citizen could just say they invested early into monero once upon a time, and launder their money, hence why monero is not liked by governments and that's why it goes up or down based on different things than the regular market. I do not think that we are going to see this make big changes for monero, it will still not be a great coin, but it's a good one for sure.

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MeGold666 (OP)
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September 05, 2024, 10:00:26 AM
Last edit: September 05, 2024, 01:40:37 PM by MeGold666
 #30

Monero has something different than the market that is going on for it, and because of that I think it's clear that it will not move along with the market at all. I would consider that it is going to be something that will move differently from bitcoin as well.

The main reason why monero has something different is the legality of it, in most cases hiding what you have is illegal and monero does allow you to do that, it doesn't mean that you have to be a bad person, but a bad person like a drug dealer could hide their money in monero, and then move it around whenever they want however they want, and a normal regular citizen could just say they invested early into monero once upon a time, and launder their money, hence why monero is not liked by governments and that's why it goes up or down based on different things than the regular market. I do not think that we are going to see this make big changes for monero, it will still not be a great coin, but it's a good one for sure.

Thanks to Monero I don't care what government thinks, my money is my money and it's not their business how much I have or what do I do with it  Wink
Monero is not only great, it's the greatest and the only cryptocurrency project that sticks to the cypherpunk roots.

If I wanted to launder money I would use FIAT.
It's the same "illegal" FUD we had with Bitcoin in 2010, it's the best time to invest before it gets into tens of thousands of dollars in evaluation.
Your money, your choice. I know Monero will soon hit the sky even if Bitcoin plummets.

Monero is unstoppable and the market is starting to recognize it.
People need efficient transaction processor.

https://x.com/shopinbit/status/1811651225005195471
https://x.com/CoinCards/status/1809702144288882870

Monero is taking over Bitcoin wherever both are present as it's better in every way.
You can thank me later for good advice or join /r/buttcoin and be angry at the whole cryptocurrency scene because you didn't invest when you had the chance.
Monero does today what Bitcoin promises to do in the future, that's why I think Monero is better "store of value" aside from being better digital cash while Bitcoin is "store of hope" without real world utility aside from speculation.


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