/biz/ - Business & Finance

>>18799053

BTC is worth a lot because idiots are willing to pay a lot for it. Now, you may ask, why are they paying so much for it? because they expect other to pay even more for it. why? Because number go up of course. Fuck user experience and general market adoption. some moron is going to pay more than you bought it for anyway, just so that you can buy yourself a stupid car. You just have to constantly tell the perpetual lie that Bitcoin will always go up. People aren't smart enough to think about why that number will go up.

Bitcoin has so many problems that stupid moonboys seem to ignore. They're too busy popping champagne for $5 TX fees, while constantly sending 0.001 dollars to the CIA through their LN channels, to "support the network". The network is dying, as miners will lose on-chain fees, and the block-reward only gets smaller and smaller.

>but anon, halving is good, number go up, miner no longer sell bitcoin only buy bitcoin

yes, but securing the network just got a whole lot less profitable, and by reducing the on-chain activity, you will never make up for lost rewards. BTC will die a slow death, people are just expecting things to be fine because "BTC will be more expensive, so miners are still profitable". There is no guarantee for this. BTC will die without more on-chain activity.

XMR, BCH or BSV will win over BTC in the long run.

>>18693587
Threadly reminder that XMR is the comfiest hold

>>18421555
Trips of true fungibility

>>18351767
If you are selling large amounts, you will need to look into fincen I believe. I'm not sure what the threshold for what is legally considered an exchange, but once it is crossed you need to abide by aml regs. That's why some people on local bitcoins were arrested (however, I remember reading one of the court docs on one of those bitcoin traders, and that guy had arguably the worst opsec of all time).
>>18351978
Anon, your wallet tells you how much monero you have. Also, I have no plans of buying roasties dinner.
>>18352088
It's a merge minded second layer for Monero, to be used for decentralized apps. Uses Mimblewimble. The idea is that companies would be more interested in using something with a private base layer than something where competitors can snoop around. It's success is dependent on Monero's success, and swaps will be able to happen between Monero and Tari.

>>18268203
Threadly reminder that XMR is the comfiest hold

>>18115876
XMR

Imagine buying BTC at $46

Oh wait, you don’t have to.

People may not want crypto in a recession, but they’ll still want drugs. Stack XMR while its cheap.

XMR is king of the privacy coins and arguably the best, soundest money available anywhere today. Comfy af to hold. Will eventually be banned, which will be a testament to the fact that it actually works. Market price after that day, who the fuck knows, but it will be sought after.

>>17151158
Where the fuck is XMR
Do you hate money

>>17056442
Here are the top 200 Zcash addresses: https://explorer.zecmate.com/rich-list

See if you can find the XMR richlist

>>17018725

>>17014739
Recently updated to version 15 of the XMR gui wallet. Comfy af. Doesn't require patrician levels of crypto autism to get working.

Have a bump.

>>16816320
Based

>>16798246
this desu

>>16744228
Whoa there pump the brakes sweetie

>>16735166
dubs of truth

>>16660662
XMR is the comfiest hold

>>16601363
The comfiest hold, you just have to have patience

>>16501230
I don't know whether XMR will go up or down in value in the short or medium term. It's unfriendly to regulation, which limits its ability to be listed on mainstream exchanges, and sets it up for inevitable conflict with law enforcement in the future if it ever gets huge. This is the double-edged sword of having strong, mandatory privacy tech on a coin. Any "privacy" coin that ever eclipses XMR when it comes to exchange listings or regulatory friendliness, would be a red flag in my book that that coin isn't really private.

>>15918360
It's always a good time to buy XMR

>>15911651
Monero uses layers of privacy to ensure fungibility, meaning units of the currency have no history, nothing to distinguish one from another. There's no such thing as "tainted" XMR. You could receive XMR from a Mexican drug lord, and have no worries about it you'll be able to spend it or that you'll get in trouble for having it. The point isn't so much that Monero is designed for shady shit, rather it's that Monero is the highest quality money (has the most perfectly realized level of fungibility, even greater than physical cash), and people doing shady shit will naturally seek out such high-performance money to use, because money with lesser fungibility (like BTC) is a liability. You don't need to be up to shady shit to benefit from this. Everyone can and should demand total privacy in their money, it's a natural right.

>>13687750
$1k eoy