/biz/ - Business & Finance

im shorting this trash coin.

Regs will fuck it hard

Not private, can be tracked, at least 0x-==-MR can't be blacklisted.

>>23070190
you fucking pajeet, shut the fuck up
Stick your shittoken up your ass.
Monero is unbreakable so far.

yeah

Supply cant be audited

>>23070270
Yep, but the code can be. So far no problemos.

>>23070270
The supply is infinite anyway so it doesn't matter if there was a hack that stole a billion or two XMR.

>>23069835
or crash. pushing new yearly highs, the question is how far can it go until it corrects?

>>23069835

Already getting banned

>>23070270
Lol are you still afraid there's a huge amount of premined XMR?
>I'm sure the devs will dump any day now

$cock will be following core liquiddity lock up - full details to be released today. it is a nyan clone - more smooth and better... sitting at $3+ right now, LP mining live... active dev, liq locked - what more do you want? get in today before the news.... 77k supply 63% locked in staking
cockroach.finance

>>23069835
Anon this chart looks terrible, it’s going to retest lows again

>>23070498
always do the opposite of biz

>>23069835
Yep balls deep here.

i sold my xmr to go balls deep on defi and im down 80% if it decides to finally moon now after all these years im going to kms

>>23069835
Sold it all. It will never pump.

>>23071940
same

>>23071984
Sorry, 600 now. I'm shorting this ponzi!!

Lol at all these fudders.
Yes I’m balls deep in xmr. Shit is comfy af.

>>23071940
>>23071984
>>23071069
You deserve this pump.

Sitting comfy with my unknown amount.

>>23072065
See how XMR temporarily lagged behind the SF-model in 2015? Thanks for holding trough the valley though.

>>23072133
Nice comparison.

sold in 2016. send help.

>>23072169
Silver and XMR are more related than one would think. Both have a dominating big daddy (Gold and BTC), yet both also have special use cases in the real world while their big daddy is mostly dominated by speculative investments.

>>23072133
Funny thing, Silver is copying Bitcoin's previous bull cycle. If Monero is copying Silver, then it is also a fractal of Bitcoin.

>>23072220
idiot lmao

>>23069835
ransomware group with 2 billions in revenue recently switched to using monero.
They make fortune 500 companies buy dozens of millions every week, ppl don't know that (:
research REvil ransomware group

why can't I buy this shit on uniswap? how to buy, guys.
>t. brainlet

>>23072311
yeah i fucked up properly on that one. sold all of them for less than a dollar then spent all the money on vodka and crack, i'm not even joking.

there's a post by one of the biggest and oldest bitcoin whales on bitcointalk in which he asserts confidently that XMR will peak at a value of ten million satos. that's a x10 from here. if you don't hold at fucking least 10 XMR then you may as well just an hero now.

>>23072220
I bought in 2016 and feel bad for only buying a tiny fraction of that. "Only buy what you can afford to lose" is a trick.

>>23072486
Because it’s not a random erc20 shitcoin. Use kraken or vpn for Binance.

>>23073223
Well, "only invest money you wouldn't mind losing" is the real trick. It should be emphasized that you should invest every cent you can afford to lose and since it feels like 2016 again, that's what I'm doing.

>>23072460
Good info anon. Hadn’t heard about this. Based hackers ripping people off for monero.

>>23069835
>SELL SIGNAL

this thread

>>23073310
any better options? I don't like to support chinks

>>23073420
How?

>>23073439
Local monero. There’s also a website where you can swap xmr/btc similar to uniswap. Also bisq is a dex that has xmr/btc. Google.

>>23073420
Just bought an unknown amount.

Someone in Monero freenode submitted a FOIA on that IRS contract for cracking Monero. I wonder if anything will come of it?

>>23069835
It's not private, it can be tracked.

>>23073635
Prove it lol

>>23069835
whats fucking wrong with you retards, this is an obv exit scam, and you cant track em hahahahahahahahahahahahahhahahahahhhahhahahahahahahahahaahahahahhahahahahhh

yea reddit spacing, watch this now i type again hahahahaaahhahahhhhahahahahahaah

>>23073658
Name me a single person who has been arrested because they used monero. Go on. We are waiting.

>>23073966
Meant to quote this glow nigger >>23073635
those kikes are so easy to pick out. They add nothing to the conversation and talk about monero being a scam despite monero being the only legit cryptocurrency outside of bitcoin.

>>23073897
Pretending to be smart by pretending to be stupid. Not gonna work because xmr hodling is based on facts. I don't think a single person (npc) who trades on shitposts and astroturfed sentiment has bought xmr yet.

>>23074151
>I don't think a single person (npc) who trades on shitposts and astroturfed sentiment has bought xmr yet.
im considering buying an undisclosed amount of monero based on the astroturfed sentiment in this thread right now

ultra bullish

>>23074441
The sentiment in xmr threads is real besides the shitcoiners and the fudders.

>>23074441
Yeah it’s a glownigger bot. They frequently change ips and pop off a single sentence of nonsensical fud. The real ones can see right through it. Moneros growing adoption has them scared.

>>23069835
token not needed

If Monero hits $5k I'll be a millionaire.

Please dear God let this happen

>>23075604
because you bet someone a million that it'll go that high?

>>23075508
It isn’t a token you dumb glow nigger.
And it is needed, which is why dark net markets are switching to it.

>>23069835
Where do I spend this that isn’t likely to get me vanned? Serious question

>>23075926
there are ads on the derpweeb showing pics of kids who've been blackmailed into doing porn, which state that if you successfully dox and kill said kid, you can win a prize. you are not gonna get v& for buying an eighth. use any DNM.

>>23076007
Weed is legal where I live and I’m not terribly interested in anything harder nor in CP. Partial credit I suppose, but I’m still not seeing it

>>23075926
there are also a bunch of completely legal vendors who accept XMR including travala

>>23075926
You can send xmr to any bitcoin vendor with xmr.to

>>23076049
on what is it you intend to spend your monero? or are you just curious as to how big of a marketplace is available? in answer to the former, much more than there used to be. there was one DNM (may still exist, dunno, im sober) which only accepted monero. iirc the biggest of all uses it alongside BTC.

>>23076058
Thanks, this is pretty cool. I may at some point buy an undisclosed amount

>>23075926
You can buy a Cockbox from cock.li

>>23076058
>>23076174
found a list of vendors i was looking for
https://www.getmonero.org/community/merchants/

>>23076127
I dunno, say ten years in the future if I want to fuck off to South America or SEA or something, I’d conceivably cash out to live off of. That’s why I like the Travala thing

>>23076219
Yeah I found this: https://cryptwerk.com/pay-with/xmr/

Broader acceptance than I thought, although at least half of the shit listed looks scammy as fuck

>>23076216
Are you propositioning me?

>>23076287
I'm just a shill. Cockbox services are provided personally by Vincent Canfield, pictured here for your evaluation.

>>23076127
The markets are now converting to monero. The largest market endorses it and a lot of new markets are as well. We are in the midst of a transitioning period.

>>23077156
It always marvels me how fucking long it took for markets to convert to monero

Bucc on uni

>>23070328
Inflation is less than gold, and why you want 30% of total supply all dead and frozen? it's worthless if it can't be used.

>>23077196
Yeah monero was initially too hard to use but cake wallet had been massive for adoption. There has also been an increase in bitcoin chain analysis used to incriminate people.

>>23076231
You can pay any vendor who accepts BTC through xmr.to

>>23076216
>>23076457
That's actually extremely based. I love that guy.

>>23078188
ksy nigger

>>23074491
LOL CAN DO THE SAME THING WITH BITCOIN SCALE IT TO 1M USD URE A RETARD FAGGOT SHILL GTFO NIGGER

>>23078155
Monero really is appreciated by the best people.

Comfy holding with an unknown amount and knowing that my wealth isn't tied to any nation state.

It does look like it's about to moon.
How do I change my ETH to XMR in NYS?

>>23080318
Vpn + morphtoken

>>23080345
Can you explain all the programs I usr to do this? How do I even hold XMR what wallet so I use

>>23070190
>can be tracked
So that's why the IRS is desperate enough to give bounty payments in advance to anyone that will try to deanonymize txs.

They got nothing. You'll know XMR is compromised when the arrests start happening.

>>23080405
Use the official Monero GUI wallet on PC, Cake Wallet on iOS, or Monerujo on Android. Get XMR using Kraken (KYC), localmonero.co (cash/local), or Bisq (Decentralized exchange).

>>23072460
It's genius actually. They get their victims to give them XMR and pump their bags at the same time. The pain comes when they liquidate.

>>23073542
you can do swaps in Atom wallet, it's 5% but there is no kyc.

>>23080513
psh, nothing in 6 years has managed to kill it

>>23080510
MXC has a USDT/XMR pair with decent liquidity and no kyc.

>>23080405
Or Binance (also KYC)

>>23080405
a vpn (virtual proxy network) is a service used to mask your IP, therefore allowing you to access websites that are not allowed in your region. Morphtoken is not allowed in new york state as far as I know. Neither is kraken..
Morphtoken is a website that allows you to autoswap one crypto for another. If you would rather use an exchange, tradeogre is pretty useful for getting small amounts of Monero and is available in New York.
Alternatively you can get around this by buying Monero through Local Monero, which will avoid KYC regulations.
For wallets, Cake Wallet and My Monero are both lightwallets that are very easy to use. I'd recommend using those. When you create your wallet address with Cake or My Monero, you will need to write down your seed, which is the private key for your wallet address. Once you send the monero off the exchange or from a website like Morphtoken to your wallet address, you are now in sole possession of your Monero (which means only you know how much Monero you have, and there is no way anybody can see what happens to your Monero afterwards).

>>23080672
If I go through all this trouble, you think if I went all in on Monero right now it would do a 3x in the next month?

>>23080771
If the ransomware group is indeed doing 2 billion a year in ransom payments exclusively in XMR that would double the market cap over the next 12 months, so no.
It won't 3x in the next month unless they start doing 72 billion in ransom payments in XMR per year, basically (ignoring all other market factors)

>>23080672
but can't they just ask the exchange for the address you sent it to? what's the point, it'll be in their system.

>>23080771
I think going all in on something you clearly haven't done any research on is pretty retarded anon. Take some time and actually learn about Monero. Nothing I described for you is that difficult to understand.
You do have Xmr in your ID however, so that might mean something.

>>23080771
no. But if your goal is to make a quick 3X out of crypto, 9/10 you're going to get fucked unless we're in a raging bull market like 2017.

>>23080961
Damn that bitch fine. I’d eat her apple, if you catch my drift

>>23080931
Monero uses stealth addresses. You can't follow a transaction to a wallet address. It's not like Bitcoin. The recipients public address is mixed into the transaction, so only the recipients private key is able to see and unlock the transaction.
If you go through a KYC then the exchange will know that on a certain date/time you removed x amount of Monero from your exchange wallet. But at that point it disappears and there is no way of knowing where the funds have gone. You can assume that the person the KYC account is tied to withdrew the Monero, but it can't actually be proven. Plausible deniability. Further, with the incoming atomic swaps as well as already existing services like Morphtoken, it is possible to not even tie purchases of Monero to KYC.

>>23080771
>3x in the next month?
please don't buy this coin. christ what have we come to.

>>23081270
moonbois from defi shitcoins are leaking over into our comfy XMR threads

>>23081121
what the bounty hunters are trying to do is similar to how the FBI statistically attributes TOR traffic using entry and exit nodes that they control. Basically they will never be able to prove you received or sent monero, they will only be able to 'statistically attribute' a transaction to you. This means they won't bust you for monero but they can then start investigating you based on the attribution and if they find other stuff they get you on the monero if your opsec isn't perfect. At least that's what it looks like they are trying to do

Since the ZEC thread that the XMR fags tried to usurp died, I'll just repost here:
>>23080131
while zooko & the ECC continues to innovate, your "prophet" is hanging out with a bunch of wanna-be crypto celebs. but sure, I'll "cope harder". lmfao.
>>23080135
you missed the joke, which isn't a surprise as you'll also miss the boat for ZEC.
>>23080166
>say goodbye to the top10
oh, I'm sorry -- did I miss when Zcash was ever in the top 10 this year?

don't worry you guys can FOMO in and exchange 7 XMR for 1 ZEC in a few months.

>>23081335
now is the time to be vigilant. defi is sizzling out and there's been a lot more monero threads lately, naturally some of them are gonna hop in

>>23081543
>while zooko & the ECC continues to innovate, your "prophet" is hanging out with a bunch of wanna-be crypto celebs
"waaaa your coin's guys are actually associating with crypto influencers and trying to promote adoption instead of fleecing users with a dev tax"

>>23081543
https://bitinfocharts.com/comparison/transactions-xmr-zec.html
>>23081413
yeah it takes a lot of direct surveillance to prove a monero transaction was made. Like you need to do drops of Monero through a KYC exchange, observe the amounts being sent, have a honeypot collecting the amounts later, observe timing analysis, monitor the targets IP, etc. But if you are a target simple adjustments to how you use Monero can essentially render this surveillance as useless.

>>23080771
Anon, here's how you can see a 3x in under a month:
>Bet it all on black.
>Then make the same bet again.
I'm serious. The house edge in roulette is much smaller than your expected loss from trying to time pump and dump scams despite having no insider information.

>>23081648
>crypto influencers
make sure you hit the LIKE button! and don't forget to subscribe!
>>23081815
>https://bitinfocharts.com/comparison/transactions-xmr-zec.html
nice! the kiddie porn market is THRIVING!

>>23081905
you will never be a real woman

>>23069835
I'd been waiting to unload my bags for a while now. I just sold yesterday.

>>23081905
>nice! the kiddie porn market is THRIVING!
The funny thing about this statement? If zcash was actually used the same slander would be said about it by detractors. But zcash isn't used, like at all. It has shown zero growth except for being an asic miner pump and dump. You don't even realize you are literally self owning yourself.
CP is purchased with dollars and Bitcoins, but we don't correlate CP with those things. Hell, if you go back 8 years ago Bitcoin was referred to as a drug coin, as a pedo coin, etc. All you are doing is projecting the strength of Monero onto it. You are just too delusional to realize this so instead you hold on to your bags and call us bad names because you are too afraid to admit that Monero has cornered the niche privacy market and that Zcash has zero adoption.

>>23081924
thank you. what a compliment!

>>23082150
>CP is purchased with dollars and Bitcoins
oy VEY. don't out yourself on this onions skinning advice forum, anon.

>>23082150
it's genuinely baffling how ZECtards flex their so-called privacy and then call Monero users pedos. like pedos wouldn't be using ZEC if it actually worked

>>23082207
What a shocker. He ignores all the points I made and instead infers that I am a pedo. Zcash supporters folks.
Let's see if he's going to respond to the fact that Monero has actual growth in adoption while Zcash does not.
Let's see if he will concede that Bitcoin used to be referred to as a drug/pedo coin and is now worth 10k per coin.
Let's see if he acknowledges the massive drug trade powered by fiat.
My guess is he will call me a pedo again, because that's all he can do.
>>23082307
he knows nobody uses Zcash so he has to convince himself that Zcash is morally superior or whatever. It's delusional and sad.

>>23070270
>what is a range proof

>>23082547
look at how much you wrote vs. how much I wrote. keep coping. your XMR support line is literally a daily thread on biz with the same 15 people.

>>23082853
ah yes, the anon who was so butthurt that he had to respond to comments in an unrelated pruned thread and who won't directly debate my points is the one not coping. gotcha.

>>23080672
>morphtoken
man I am such a fool to not accumulate via this

>>23082853
>same 15 people.
But there are 48 plus (((you))) in this thread.

the network will meltdown with the next hardfork because of dandelion and the increased volume.
transactions will be at least 50 times slower to confirm and there will be a cascading failure.

>>23082853
the irony in your statement is that XMR might be one of the only cryptos that people who have no interest in crypto are buying and/or holding because they need it to buy things

>>23085288
The next update literally improves transaction speed. Also we have dynamic block size so our blocks can just increase and size. The network “won’t collapse”. And dandelion ++ has been integrated since the spring and has worked splendidly.
The glowfudders are really reaching these days.
>>23085116
Well we have 14 more posters than they do, using that math.

>>23085396
dandelion isn't on by default, by switching it on by default it will pretty much make it totally unusable the p2p layer is so shit and it's about to get 100 times worse.

t. runs both btc and xmr full nodes

>>23085471
how can you run an xmr node and not realize dandelion ++ runs by default?

>>23085526
it doesn't run for ALL transactions... yet.

>>23085543
that's completely false. Unless you neglected to update your node, once we reached 0.16 dandelion ++ was auto implemented (this was back in March or April). Stop spreading baseless FUD.

>>23085574
dude go read the release notes for the next hardfork coming up.

>>23082853
cope

>>23076007
ok so i want to buy a small amount of weed from a dnm
i have mullvad/tor but im on my home network and ill be shipping to my home address. is it worth just getting whonix on a burner laptop? or can i buy my weed in peace. i live in a legal weed state too but dispensary shit here is GARBAGE and overpriced and im sick of getting raped by expensive dealer weed too when i can buy wholesale for much cheaper.

>>23085303
Asuka is STINK!

>>23076007
>you successfully dox and kill said kid, you can win a prize.
What kinda prize are we talking?

>thinking the feds give a fuck about your tiny purchase
think about it logically - the logistics required to intercept your oz of weed, get warrants, arrest you (which, if you never open the package - they cant), forensically analyze your pc to get the info to prove you made the purchase

vs

applying your bigass gov budget toward targeting traffickers and the sources, also running drugs yourself on the side (See: CIA)

tl;dr - you over thinking it my guy

>>23085701
you're doing more harm posting on 4chan about thinking of doing it than actually doing it.

>>23085871
also this
also if you live in a legal state wtf just go fucking get it at a store you lucky cunt

some (probably contractors) CIA guys runs about 40% of the xmr nodes at this point, prepare your anus for rico.

have a blessed day.

>>23085701
>>23085848
>>23085871
>>23085883
>dispensary shit here is GARBAGE and overpriced
f u c k

y o u

and your poor ass complaining the weed you can fucking buy legally isn't 'good' enough for you, then blasting your ass allover BIZ about buying weed on dnms
you absolute fucking cretin

>>23085596
the next hardfork is clsag, which concerns transaction speed. I don't know if there any specific release notes yet...they may have an update on the code with dandelion ++, but that has been integrated in nodes since the spring.
https://web.getmonero.org/2020/05/23/monero-0.16-released.html
https://www.getmonero.org/2020/08/18/network-upgrade-october-2020.html
>>23085959
lol, and then you post retarded fud like this. Never mind. You are just trying to act like you are a supporter of Monero while slipping in retarded conspiracy theories. Total nonsense.

>>23086020
dude, not every post you hate is a conspiracy theory.

>>23081905
you're probably the same kind of faggot that welcomes gov bootlicking
right to privacy is fundamental - XMR gets a bad wrap for being 'cartelcoin' or used 'exclusively for dnm' - when in reality it is one of the closest answers to satoshis original vision of p2p payments, private and cryptographically secure - digital cash.
now we have faggot coins with blockchain analysis progressing faster than those that are fighting against it.

ask yourself, when you have fiat in the bank - do you run around town, tappin your card at every fucking store, use your google maps to get to the store and back - being a good little goy and handing all your movements over to the gov and corps

or do you take cash out and only spend cash, leaving enough in bank to cover overheads and use a fucking map or memorise routes to get around (amases me how many zoomers cant get from Point A to Point B just using their natural bearings)

ask uself anon
then you understand why this is becoming more and more important as we enter this post-covid world.
it'll be patriot act on steroids

>>23086117
>posts a theory about a conspiracy
>"dude, not every post you hate is a conspiracy theory"
what did he mean by this?

>>23069835
i have a stack that i am saving for the cyberpunk dystopia which grows closer every day

>>23086246
I don’t mind conspiracy but this nigger is claiming we are all getting hit with racketeering charges and that the cia runs 40% of monero’s nodes. And this is notwithstanding his erroneous fud earlier about dandelion ++. Anon is either a schizo or he’s spreading fud with an agenda. Probably a little of both.