/biz/ - Business & Finance

why should I buy this over chainlink

>>17384491
Because it's actually gonna keep going up


>>17384482
Bought 12 more yesterday, very excited to see where we go this next bull run. We could break $1k if we get back to the same BTC price it was at during 2017 (and BTC is over $20k)

>>17384491
Monero has the lowest inflation in crypto. The block reward is under 2 xmr. The upward pressure on the price will reveal itself as more news stories about chain analysis come to fruition.

Additionally, Monero actually has a current use case. There is no speculation. Monero can be used today and guarantee virtually complete privacy due to it's privacy being built in the base layer. The dark net is transitioning towards monero because of this, and to avoid future chain analysis tech improvements. As crypto goes, Monero will be the go-to crypto to avoid government surveillance, and for people to hide money from taxation.

has anyone done a stock-to-flow on the tail emission of monero?

I made money on monero.
Bought on localmonero .co
sold on localmonero co

It was not much, but... I coud buy a new iphone

>>17384543
https://monero.stackexchange.com/questions/1516/comparison-of-monero-and-bitcoin-money-supply-and-block-reward-schedules

This shitcoin don't get even used on the dark market at greater scale.

Can't scale either.

Much more advaned privacy solutions on the way too.

So, no i don't buy your heavy bag.

And when it gets delisted from major exchanges because of regulations, even newfags will not buy your bags anymore.

>>17384851
>This shitcoin don't get even used on the dark market at greater scale.
provably false.
>Can't scale either.
wrong.
>Much more advaned privacy solutions on the way too.
there does not exist another crypto that has built in privacy. and monero is actively researching zksnarks but as of now it is not a realistic option to have w/r/t scaling and tx size
>So, no i don't buy your heavy bag.
that's fine pajeet
>And when it gets delisted from major exchanges because of regulations, even newfags will not buy your bags anymore.
except it is not getting "delisted". this is baseless fud and is exactly what people said about bitcoin when it first became popular.

>>17385000
You are a liar:

https://bravenewcoin.com/insights/darknet-transactions-up-70-with-btc-still-the-currency-of-choice

>>17384851

>>17384482
Unlike Naomi Wu's giant plastic tits, I want to hold on to my Monero for a few years at least. (((Bloomberg))) projected $20K+ in 2023, right?

>>17385072
>a one year old article

Go and lurk dark net forums. Google house market.

https://blog.chainalysis.com/reports/darknet-markets-cryptocurrency-2019

> Finally, we may see more darknet markets accept, or perhaps even mandate the usage of privacy coins like Monero. Monero uses an obfuscated public ledger to make it more difficult to see the senders, receivers, or amounts of cryptocurrency exchanged on transactions. As of now, Empire appears to be the only major darknet market accepting Monero, but that could change in 2020.

>>17385239
White House market *

>>17384851
>Can't scale either.
How many TPS is it capable of right now? Serious question.

>>17384851
>> This shitcoin don't get even used on the dark market at greater scale.

HAHAAHAHAAAHHHH you can't be serious.

>>17385183
it's real to me damnit

Any burgers buy it on Kraken? What's the user experience like?

>>17386293
It's meh. Not nearly as good as coinbase. But at least you can buy XMR. I've always preferred coinbase -> binance -> XMR though.

>>17385379
I think bulletproofs put it around 1800tps. Monero has dynamic blocks so if the network grows, the TPS grows with blocksize increase. If all of a sudden the network right now experienced the max the network would crash. Called an atomic bomb attack. It’s a flaw of dynamic blocks.

>>17384482
Is 1 monero enough ;_; im poor

>>17386744
>1800tps
no. 10 tps at max with the current conf time.

>>17387475
Well monero can have very large blocks because of it's dynamic block size, so I've heard estimates about 1700 tps however many nodes don't have the bandwith to support this. So it's kind of unknown. But as scaling improves (they are introducing an upgrade on ring ct 2 later this year which should make txs smaller and more secure) the amount of tps should increase.

>>17384541
>There is no speculation.

>>17387568
>however many nodes don't have the bandwith to support this
Reading this, I'm eager to see how it's going to work out for bcash.

>>17386293
Can't buy XMR on burger Binance, last I checked. Looks like my options are Circle or Kraken.

>>17388095
Cashapp to flyp.me

Why should I support pedos? Because that's what you're doing If you support xmr.

>>17387954
how is Monero not the consensus privacy coin? It's the only decentralized crypto with built in privacy.

>>17388541
early bitcoin adopters were called pedos by dumb glownegros. Whatever you say though officer.

>>17384541
>There is no speculation
You are literally encouraging speculation

>>17389057
read the context of the statement. I was responding to an anon asking why monero over chainlink. The latter is pure speculation. The former has a proven use case (being fungible).

>>17388541
but that's exactly what they said about bit coin back in 2012; that and only druggies use it.

Now look at btc, this argument falls flat on it's face for any cryptocurrency.