While all cryptos are falling down, struggling, Monero (XMR) seems to keep the bull running.
A strong bullish trend - against the dipping Bitcoin seems to establish and keep growing.
I read many analyses of Monero trading charts and almost all got the same conclusion: BULLISH!
what do you think? Will the bulls win? Will Bitcoin shorts go into Monero?
What is Monero?
"Monero is a secure, private, and untraceable cryptocurrency. It is open-source and accessible to all. With Monero, you are your own bank. Only you control and are responsible for your funds. Your accounts and transactions are kept private from prying eyes." - https://getmonero.org/
Monero is strongly focused on privacy, decentralizing and scalability, coded from scratch - this is not "just another bitcoin fork" - it is better. bigger. stronger!
Your payment address is secured by a payment ID - and there fore different for every transaction.
for instance: you could deposit some Monero here:
payId: 9f81eb6f2f824450ac9393528bf501d08ea667cceeb745798ef9e0d0282704a7
address: 463tWEBn5XZJSxLU6uLQnQ2iY9xuNcDbjLSjkn3XAXHCbLrTTErJrBWYgHJQyrCwkNgYvyV3z8zctJLPCZy24jvb3NiTcTJ
and only you and me would know ;)
Will Monero be the new strong guy?