Huobi Delisted Privacy Coins

[LovelyMe]

Everyone already understands that all these delistings are most likely a form of manipulation. Now everyone is shouting that the regulator is on the verge. Soon the evil regulator will punish all crypto-currency projects. And for several years now there has been talk of a ban on anonymous coins, but this has all remained just talk. Therefore, do not be afraid if you are a holder of anonymous coins.

[Klassew]

As for the ban on anonymous coins, it is true that there has been talk about it for several years. However, it is important to note that some countries have already implemented regulations requiring exchanges to identify and verify the identities of their users, including for anonymous coins. It is possible that more countries will follow suit in the future. As a holder of anonymous coins, it is important to stay informed about any regulatory changes and to comply with any regulations that are put in place.

[LovelyMe]

This law was passed just to have a legal basis so that if they could catch someone, they could arrest and convict that person. But in fact it is almost impossible to find an XMR user. That's why such blockchains were created, to get away from bans. So they can take all the bans they want, it's another thing to implement them.

[Klassew]

While it is true that privacy-oriented cryptocurrencies like Monero (XMR) can provide an additional layer of anonymity and security for users, it's important to note that governments and law enforcement agencies have access to a variety of tools and technologies to track and monitor cryptocurrency transactions.

Furthermore, while it may be difficult to identify specific XMR users, it's not impossible, and there have been cases in which law enforcement has been able to track down and prosecute individuals using Monero for illegal activities.

[LovelyMe]

In 95 cases out of 100 find only fools who themselves use Monero incorrectly. They can link Monero purse with his wallet from the exchange, or pay with it something related to a personal account of the person. If you use Monero correctly, the risk of getting caught is close to zero

[Klassew]

While it's true that using Monero correctly and taking appropriate precautions can reduce the risk of getting caught, it's important to recognize that no system is foolproof. Even if someone takes all the necessary steps to use Monero correctly, there may still be potential vulnerabilities that could be exploited by those with malicious intent.

[LovelyMe]

No, they can't. If you have set up your security properly, no one can hack your account. It's the same here. The only vulnerability is you, not the technology.

[Klassew]

Okay, then could you tell me the right step-by-step behavior in order to remain fully anonymous and secured while trading Monero or other privacy coins?

[LovelyMe]

Okay, then could you tell me the right step-by-step behavior in order to remain fully anonymous and secured while trading Monero or other privacy coins?

The Monero blockchain itself is designed so that each transaction will be looped. They will identify those people who are dirty with the wallets. They withdraw to tokens to the exchange or to a wallet from which money was often sent to their exchange account, etc. That's it. That's how they find users.

[Klassew]

While Monero's privacy features can make it challenging to track specific transactions and identify individuals, it's important to note that they are not foolproof. Law enforcement agencies and experts in blockchain analytics have developed techniques to analyze and de-anonymize certain transactions, although this can be a difficult task.

[LovelyMe]

I'm trying to explain to you how monero works, but you just answer like a robot or answer with a text from some news.

[Klassew]

I'm just telling you that you're wrong considering that Monero and other privacy coins are fully anonymous. There are still possibilities that exactly your transactions will be decrypted as such thing already happened.

[Lore]

And I'm trying to explain to you that you don't know the exact cases and you're trying to prove that you can trace a person by transactions, and it could be anybody. But I say again that only people who compromise themselves can be traced.

[Klassew]

And again, I won't agree. So let's just simply stay with our own opinions each. Better let's discuss what do you think will be the next market movement. As I'm already tired waiting for the Bitcoin to rise well.

[Lore]

So far we are going up, which was obvious since we saw the dump recently, which means that at least we will see a corrective bounce. The only question is whether we see a bounce or whether we will see bitcoin rise at least to the 32k level.