[loomixx]

monero's been ripping and i don’t get why. no big news, no upgrades (that i know of), but price is flying. is this just privacy hype or something else?

any idea what is driving this? more importantly, is it gonna keep going or dump soon?

want to hear your thoughts

[Mewtwo]

Someone hacked and stole 330m in Bitcoin and launder it all to Monero. Thats why the price pumped. I would assume since the Coinbase incident and everyone’s losing money due to SE, they’re laundering a big significant of money to Monero as well.

[Prettykitty]

The more efforts are made to crack down on Monero, the more its adoption appears to proliferate.


Apparently a viable private payment method that's even faster than Litecoin.

Source: https://eylenburg.github.io/payments.htm
An interesting perspective.