full image - Repost: Regarding Moneroruns... (from Reddit.com, Regarding Moneroruns...)
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This is a repost because I shared a link from bitcoin sub with similar content and original post got blocked. Sorry about the language but this is how I express myself:Guys I understand the enthusiasm to deliver a message. But I don't get why do we need to do an organized run on a X date?If you leave your XMR on Exchanges you contribute to their fake XMR creation. Just pull your Monero out to cold storage right after buying it, we do not need to decide a date for that.Then when someone wants to withdraw, Exchange will be either forced to buy XMR from elsewhere to deliver your request therefore rallying the price higher, or find some kind of excuse (network error etc.) to delay your withdraw hoping that someone else will deposit the amount meanwhile.There is less Monero on the market right now than order books shows. Order books are scam. They are just database numbers showing there is an X amount of Monero buy wall / sell wall etc. Who knows if it's real or not? But when it comes to withdrawing then we'll see what is real.Let's say they enter a sell wall of 100k fake XMR to suppress the price on their order book. If by chance people buy this 100k XMR and withdraw right away, exchange will be fucked. They cannot "network error" thousands of people, twitter / reddit will turn into a shitstorm. Sooner or later, they will have to go and find 100k from elsewhere therefore creating a price rally.The FTX scammer (I don't want to advertise his name anymore) just confirmed that they even did this on Bitcoin. You can be 100% sure even Bitcoin figures are BS on Exchanges.Here's the situation:There are 19,222,787 BTC right now. (including satoshi + lost coins)There are 18,208,480 XMR right now. (including lost coins)You can easily see that XMR price is heavily heavily suppressed by fake Monero. So, please stop contributing to that by not keeping your real XMR on their scam servers.Sit tight, the day is coming soon that fake monero issue blows out, until then keep stacking...keep using...
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