this post was submitted on 22 Sep 2023
-1 points (44.4% liked)

Monero

1653 readers
24 users here now

This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

GitHub

StackExchange

Twitter

Wallets

Desktop (CLI, GUI)

Desktop (Feather)

Mac & Linux (Cake Wallet)

Web (MyMonero)

Android (Monerujo)

Android (MyMonero)

Android (Cake Wallet) / (Monero.com)

Android (Stack Wallet)

iOS (MyMonero)

iOS (Cake Wallet) / (Monero.com)

iOS (Stack Wallet)

iOS (Edge Wallet)

Instance tags for discoverability:

Monero, XMR, crypto, cryptocurrency

founded 1 year ago
MODERATORS
admin@monero.town
-1
Could the price be so stable because of a gigantic whale? (monero.town)
submitted 1 year ago by MoneroLover1@monero.town to c/monero@monero.town
8 comments fedilink hide all child comments
 

Maybe the xmr price is stable because some whale(s) sell the right amount at the right time, balancing supply to the present demand.

BTC wasn't stable when it was "the only coin used as an actual currency" way back in time

you are viewing a single comment's thread
view the rest of the comments
[–] naphtha@monero.town 1 points 1 year ago* (last edited 1 year ago)

iirc it is possible it just takes some m[a/e]th