this post was submitted on 18 Nov 2024
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Monero

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

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Do you hold or trade Monero? (monero.town)
submitted 5 days ago by owe_addams@monero.town to c/monero@monero.town
15 comments fedilink hide all child comments
 

Do you hold or trade Monero or just use the coin with his direct purpose, for anonymous transactions?

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[–] gunnm@monero.town 1 points 1 day ago

What Monero?

[–] Wave@monero.town 1 points 1 day ago

When many other markets crash, Monero often remains stable. It would therefore make sense to exchange into XMR when prices are falling.

[–] pound_heap@lemm.ee 8 points 5 days ago (1 children)

Mostly holding with occasional spending on services that do accept it

[–] key_brolin@monero.town 2 points 4 days ago (2 children)

Hm, and which are that services? Share them, I am interested

[–] Ammortel@monero.town 1 points 16 hours ago

You can shop with Monero on shopinbit.com or buy cards on coincards.com. Then there are peer-to-peer Monero markets on xmrbazaar.com and moneromarket.io

All services happen to be listed on monerica.com

[–] pound_heap@lemm.ee 1 points 4 days ago (1 children)

Nice try fed /s

But if you are genuinely curious, here are a few things you can pay for with XMR:

  1. You can pay for VPN, many providers like iVPN and Mullvad accept it.
  2. There are anonymous hosting platforms like https://njal.la.
  3. Recently I discovered Nostr, which is a distributed Twitter alternative less centralized than Mastodon, and there are paid relays you can purchase access to with Monero.

I personaly donate to some Russian media outlets with XMR, which is not exactly a service purchase, but a good way to help them to survive government pressure.

[–] dragonsidedd@sciencemastodon.com 1 points 4 days ago

@pound_heap @key_brolin Many of my favorite Patreon creators have XMR tip jars. Shoutout to Yannic Kilcher, who breaks down AI papers so us STEM-educated non-experts can keep up. Super awesome.

https://inv.nadeko.net/channel/UCZHmQk67mSJgfCCTn7xBfew

[–] jay_edwards@monero.town 1 points 3 days ago

If we were trading Monero, the price had grown up with the rest of crypto 😜

[–] shortwavesurfer@lemmy.zip 3 points 5 days ago

I might hold it and I might use it on a pretty frequent basis to buy things like hand soap and AA batteries.

[–] mister_monster@monero.town 2 points 5 days ago

Why are you asking us our business man? Don't you know we care about privacy??

[–] sexy_peach 3 points 5 days ago

Neither of the three

[–] jay_edwards@monero.town 1 points 4 days ago* (last edited 3 days ago)

I usually swap, when it's needed, on Exolix or Trocador. But it's not the best coin to longterm holding, obviously

[–] noxy@yiffit.net 1 points 5 days ago

No

[–] xmr_unlimited@monero.town 1 points 5 days ago

Strictly research only. Don't buy monero meme refers to mining testnet coins and virtually bathing in them.

[–] 0x0@programming.dev 1 points 5 days ago

Neither, i don't own cryptocurrencies yet. If i do, i'll use bitcoin for trading and monero as digital cash.