“OIG Investigators found that the DEA paid one airline employee tens of thousands of dollars over the past several years in proceeds from cash seized as a result of their tips. However, the vast majority of those airport seizures aren’t accompanied by criminal prosecutions. This has led to years of complaints from civil liberties groups that the DEA is abusing civil asset forfeiture—a practice that allows police to seize cash and other property suspected of being connected to criminal activity such as drug trafficking, even if the owner is never arrested or charged with a crime.”
It’s not going to rise or fall that much in such a short amount of time. That’s for sure. With Monero, I generally prefer to use the 365-day simple moving average, and I found that normally it fluctuates within about 6% of that level. So that’s not a terrible fluctuation in either direction. Actually, if you have the money and patience, it would be a really good swing trade. Buy Monero when it is like 6% below the 365 day simple moving average. Wait for it to climb 6% above and then sell it all and do it again. But as I said, you would definitely need time because those swings can take several months.
I have less than zero interest in trading crypto. I think it’s all a net negative for the world with only dubious utility. The utility may improve, and something like monero may be what brings me on board, but I’m not there yet.
Even if it does stabilize/is stable enough that the world shifts to it, what an interesting factoid that early adopters (who were lucky enough to pick the “right” crypto) would stand to benefit more than others.
Sheesh. At least you stopped shilling this crap on gonewild