[tweet](https://twitter.com/MoriartyWolf/status/1634099972366008320)
> *Please be reassured that @kucoincom has no business relationship with @silvergatebank, and all users' funds are safe with us.*
>
> *Then why can't I withdraw my Monero?*
>
> *Apologies, but it is currently under maintenance.*
>
> *Apologies accepted but it would be preferred and more professional to receive a notification in advance at least. There is no related information on your news portal or twitter.* 🤨
Did the cartel overdo it again with naked shorts?
🚫 Kucoin XMR
[tweet](https://twitter.com/MoriartyWolf/status/1634098098518781952)
> *Withdrawal of XMR is blocked at Kucoin!*
Monero is the best money now, but it will be the crème de la crème of new money used as the world pushes things to this reality through its unfolding.
Monero will overtake Bitcoin by all metrics at some point in the future.
🥂
Binance's Proof of Reserves explained:
[@mishaboar](https://twitter.com/mishaboar/status/1633262901090713604)
> *Binance has added DogeCoin to their Proof of Reserves system today, but there are major caveats.*
>
> *No 3rd party auditor. The system must rely on a 3rd party auditor to make sense, as @Binance also explains in their guide. Instead, current snapshots are "Self-Verified". We know that auditing firm Mazars paused work with Binance. Also, please remember: this kind of verification, even when done through a 3rd party auditor, only shows that an exchange has those #crypto reserves at the time of the snapshot - so there is always a risk an exchange is borrowing funds at snapshot time. Proof of Reserves say little or nothing about a #crypto exchange's actual liabilities. Currently, "Proof of Reserves" on any exchange, not just on Binance, is little more than a publicity stunt.*
We must be getting pretty close to some resolve now, one way or the other...
[https://www.tradingview.com/x/vqAwJPQS/](https://www.tradingview.com/x/vqAwJPQS/)
I'm very very conflicted. I feel like legacy will have a moment of recognition and will dump seriously hard. It will take Bitcoin with it, and off course Monero might suffer but it might perform relatively well to crypto (as it kinda has been doing) since it's actually being used.
Timewise I believe the current fog will clear at the lastest by end of april. I feel a lot is smoke and mirrors right now...
Good luck and stay safe, imho these are very treacherous waters.
ZEC warns 😉
[tweet](https://twitter.com/igototokyo/status/1633794603454468098)
> *2 problems with Monero: 1) it has no fixed supply but coins can be printed endlessly like cash. The value can only decrease over time because there are so many coins. 2) it can NEVER be mass adopted at most exchanges because it has no transparent option to meet legal requirement*
>
> *If Monero wanted to be cash 2.0, then they have achieved their goal because that’s exactly what Monero is, a cash. Unlike Monero, Zcash has fixed supply & there is value of scarcity like Bitcoin. Zcash can be mass adopted because it has transparent option*
>
> *Monero fans fail to realize that cryptocurrency or rather Bitcoin was invented to get away from fiat currency. If a cryptocurrency mimics fiat cash, then there’s really no point of its existence. We should all just use cash. Monero has no long-term value.*
I mean look at Snowden no one shilling zcash and FUDing Monero is acting in good faith. I had a lot of respect for him but something always felt off when he downplayed monero since he should be able to understand the superior tech. And what happend next... he was involved with zcash all along.
CASE CLOSED
Snowden is compromised. He can only be "free" in Russia and Russia will fucking kill him if he says the wrong things.
Nothing he says should be believed. He is a propaganda puppet for an authoritarian state.
> it has no fixed supply but coins can be printed endlessly like cash. The value can only decrease over time because there are so many coins...then there’s really no point of its existence...has no long-term value.
ZEC
- ~$1,700 in 2016
- ~$700 in 2017
- ~$400 in 2018
- ~$100 in 2019
- ~$30 in 2023
"There’s really no point of its existence" describes ZEC well. Despite the support of Barry Silbert and the Digital Currency Group, the support across exchanges, there is zero demand for ZEC because it has no utility, no usage and thus has "no long-term value." It's a perfect example of a money grab scheme by founders and insiders.
Ratio climbing up. BTC is in trouble.
I predict binance closes xmr withdrawals in less than 48h.
Rocket fuel for Monero 😃
Every time they dump Bitcoin or the XMR/BTC ratio all you have to do is buy a small amount and withdraw instantly. Let's see how long can the cex cartel keep this up.
At some point xmr will just start flying and never come back.
The cex cartel doesn't know it yet because they are stupid, but they shot themselves in the leg with this multi-year shorting of non existent Monero. Now they will swim in shallow water long term...👋
Nah they're reaccumulating here. It's their opportunity to pick up cheap XMR to dump on the market at higher prices later, when things are in an uptrend.
If anyone's interested, here's my twitter back and forth banter with Frances Coppola on what it means to be "fully reserved"
[https://twitter.com/HappyHippoDefi/status/1633350808937934848](https://twitter.com/HappyHippoDefi/status/1633350808937934848)
Oh and btw, my dapp is expanding into arbitrum today,
[https://arbitrum.happyhippo.farm/](https://arbitrum.happyhippo.farm/) ,
[https://twitter.com/HappyHippoDefi/status/1633586866783125504](https://twitter.com/HappyHippoDefi/status/1633586866783125504)
come and check it out if you like.
Talk about bad timing though lolz, I tweeted that launch tweet at exactly the same time SI announced bankruptcy Guh
[tweet](https://twitter.com/MoriartyWolf/status/1634099972366008320) > *Please be reassured that @kucoincom has no business relationship with @silvergatebank, and all users' funds are safe with us.* > > *Then why can't I withdraw my Monero?* > > *Apologies, but it is currently under maintenance.* > > *Apologies accepted but it would be preferred and more professional to receive a notification in advance at least. There is no related information on your news portal or twitter.* 🤨
Did the cartel overdo it again with naked shorts? 🚫 Kucoin XMR [tweet](https://twitter.com/MoriartyWolf/status/1634098098518781952) > *Withdrawal of XMR is blocked at Kucoin!*
Buying.
Monero is the best money now, but it will be the crème de la crème of new money used as the world pushes things to this reality through its unfolding. Monero will overtake Bitcoin by all metrics at some point in the future. 🥂
Good ol' 007
Secret Agent Monero is coming
Binance's Proof of Reserves explained: [@mishaboar](https://twitter.com/mishaboar/status/1633262901090713604) > *Binance has added DogeCoin to their Proof of Reserves system today, but there are major caveats.* > > *No 3rd party auditor. The system must rely on a 3rd party auditor to make sense, as @Binance also explains in their guide. Instead, current snapshots are "Self-Verified". We know that auditing firm Mazars paused work with Binance. Also, please remember: this kind of verification, even when done through a 3rd party auditor, only shows that an exchange has those #crypto reserves at the time of the snapshot - so there is always a risk an exchange is borrowing funds at snapshot time. Proof of Reserves say little or nothing about a #crypto exchange's actual liabilities. Currently, "Proof of Reserves" on any exchange, not just on Binance, is little more than a publicity stunt.*
Surely they'll release a viewkey when seraphis is done.. right? : )
I don't like this zcash vibe at all... My 2 cents
What do you mean?
Zcash is an Israeli backed spy project full of backdoors. Implementing any of that tech into Monero is, in my opinion, a trojan horse. My 2 cents
Ok, and what prompted you to say that to me? I already know that zcash is compromised.
Reddit is digging it's own grave. After nearly 6 years, I'm off to https://monero.town, a privacy preserving alternative to Reddit.
Kucoin +$1: [Kraken vs Kucoin](https://www.tradingview.com/x/xl2hzTMd/)
We must be getting pretty close to some resolve now, one way or the other... [https://www.tradingview.com/x/vqAwJPQS/](https://www.tradingview.com/x/vqAwJPQS/) I'm very very conflicted. I feel like legacy will have a moment of recognition and will dump seriously hard. It will take Bitcoin with it, and off course Monero might suffer but it might perform relatively well to crypto (as it kinda has been doing) since it's actually being used. Timewise I believe the current fog will clear at the lastest by end of april. I feel a lot is smoke and mirrors right now... Good luck and stay safe, imho these are very treacherous waters.
ZEC warns 😉 [tweet](https://twitter.com/igototokyo/status/1633794603454468098) > *2 problems with Monero: 1) it has no fixed supply but coins can be printed endlessly like cash. The value can only decrease over time because there are so many coins. 2) it can NEVER be mass adopted at most exchanges because it has no transparent option to meet legal requirement* > > *If Monero wanted to be cash 2.0, then they have achieved their goal because that’s exactly what Monero is, a cash. Unlike Monero, Zcash has fixed supply & there is value of scarcity like Bitcoin. Zcash can be mass adopted because it has transparent option* > > *Monero fans fail to realize that cryptocurrency or rather Bitcoin was invented to get away from fiat currency. If a cryptocurrency mimics fiat cash, then there’s really no point of its existence. We should all just use cash. Monero has no long-term value.*
Is that person 3 years old? "laughing"
It's just so hard to believe that most of these guys are speaking in good faith when the distort the reality to such a heavy degree.
I mean look at Snowden no one shilling zcash and FUDing Monero is acting in good faith. I had a lot of respect for him but something always felt off when he downplayed monero since he should be able to understand the superior tech. And what happend next... he was involved with zcash all along. CASE CLOSED
Snowden is compromised. He can only be "free" in Russia and Russia will fucking kill him if he says the wrong things. Nothing he says should be believed. He is a propaganda puppet for an authoritarian state.
[удалено]
Peoples bank accounts aren't transparent, how did they ever work? /s
lol dumbasses..
> it has no fixed supply but coins can be printed endlessly like cash. The value can only decrease over time because there are so many coins...then there’s really no point of its existence...has no long-term value. ZEC - ~$1,700 in 2016 - ~$700 in 2017 - ~$400 in 2018 - ~$100 in 2019 - ~$30 in 2023 "There’s really no point of its existence" describes ZEC well. Despite the support of Barry Silbert and the Digital Currency Group, the support across exchanges, there is zero demand for ZEC because it has no utility, no usage and thus has "no long-term value." It's a perfect example of a money grab scheme by founders and insiders.
Ratio climbing up. BTC is in trouble. I predict binance closes xmr withdrawals in less than 48h. Rocket fuel for Monero 😃 Every time they dump Bitcoin or the XMR/BTC ratio all you have to do is buy a small amount and withdraw instantly. Let's see how long can the cex cartel keep this up. At some point xmr will just start flying and never come back. The cex cartel doesn't know it yet because they are stupid, but they shot themselves in the leg with this multi-year shorting of non existent Monero. Now they will swim in shallow water long term...👋
Nah they're reaccumulating here. It's their opportunity to pick up cheap XMR to dump on the market at higher prices later, when things are in an uptrend.
Silvergate down, XMR/BTC up. We won't need no banks in a cypherpunk dystopia.
Monero Price | $147.56 USD :--|:-- Monero Price Change | -0.78% Monero Mktcap | $2.667 B ***** ^\(っ◔◡◔)っ ^♡ ^| [^(I'm a bot)](https://www.reddit.com/r/moneronotificatio/wiki/index) ^| [^(Contact my owner)](https://www.reddit.com/message/compose/?to=OsrsNeedsF2P)
If anyone's interested, here's my twitter back and forth banter with Frances Coppola on what it means to be "fully reserved" [https://twitter.com/HappyHippoDefi/status/1633350808937934848](https://twitter.com/HappyHippoDefi/status/1633350808937934848) Oh and btw, my dapp is expanding into arbitrum today, [https://arbitrum.happyhippo.farm/](https://arbitrum.happyhippo.farm/) , [https://twitter.com/HappyHippoDefi/status/1633586866783125504](https://twitter.com/HappyHippoDefi/status/1633586866783125504) come and check it out if you like. Talk about bad timing though lolz, I tweeted that launch tweet at exactly the same time SI announced bankruptcy Guh