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The original was posted on /r/monero by /u/kayn1k on 2024-02-19 23:35:57.
Hang on boys. Binance is playing their last games. Normally we don't talk price on this sub, but today is an exception.
Total XMR on Binance sell order books on four trading pairs is right now around 14k XMR. Remember if you buy any of this 14k XMR you cannot withdraw, its just fake XMR.
But let's assume they are real. Whales on Kraken alone waiting for $100:
Some big purchases are happening on tether pairs as well:
If you are in doubt, always look at fundamentals. Last time XMR was $100 Bitcoin was $15k and we have same circulating supply. Yes we do not have institutions and we do not want them. Because we are "people's currency" what Bitcoin supposed to be back when it was created.
Remember back in 2017 they said they will "tame" Bitcoin, and they did:
Satoshi whether he was Hal Finney or Len Sassaman or both doesn't matter, they created it after 2008 crisis against the banks and today Bitcoin is at the hand of the bankers. They will manipulate it, play with it. They will absorb all Pension funds into it then blow them all away.
Monero will forever be people's currency and people's true answer to CBDCs.
Don't get me wrong you can both have Monero and Bitcoin. But once your Bitcoin is marked as "tainted" you are screwed. Noone can taint your Monero ever.