/biz/ - Business & Finance

>>23632698
Incel alert

>>23632698
This fact makes me think the current btc action is purely manipulation with a little bit of normie fomo

>>23632755
>my cia nigger repellant Chuck E. Cheese token is going to 10k even though it’ll be delisted from every exchange

>>23632820
I don’t quite understand this, although I’m not disputing it per se. Isn’t half the point of crypto to be able to transact anonymously?

>>23632698
I don't even care, I unironically believe it is the best form of money available on earth.
So I will hold it to $0 while all of you fags eat bugs and get rekt by muh great reset and other such (((tricks)))

>>23632698
xmr is the coin for drug dealers and pedos. i won't touch it with a 10 foot pole

kek, there are other privacy coins anons

>>23632853
To transact without any entity being able to stop you.
Monero will be delisted from every exchange in a few years. Open your eyes

>>23632820
>delisted from every exchange
Exactly why you should be buying with both fists, imagine siding with glowniggers and kikes.

>>23632755
Cope. Zec will outperform it in a full fledge bullrun, due to the fact Zec is on Coinbase and they don’t care about your gay dark web coin

>>23632880
Once again, not disputing it and agree that delisting will probably remove enough volume to make it effectively worthless, I just don’t get why. I mean I get it, it’s just shitty is all. Crypto has such potential

>>23632918

with atomic swaps, isn't it effectively the go-to coin? you could transact in monero and go to bitcoin when you need fiat for something. ergo, it's untaxable money.

>>23632698
Wrong pic, OP. Fixed for you.

>all these glowniggers
>not realizing that Monero is taking over the dark net
>not seeing the growing daily transactions
>not being aware of the usecase of atomic swaps and the potential of a swiss bank 2.0
>not thinking privacy will ever be sought in crypto
>not at least hedging your Bitcoin with the only other crypto community that isn't full of moonboy faggots like OP
>caring about the price instead of use case

kill yourself OP

XMR still pales in comparison to BTC and ETH when it comes to number of transactions. Do you think XMR will ever reach BTC or ETH level of transactions?

>>23633159
yes xmr inflation curve is unique instead of having halvings like btc or a flat inflation like eth (that decreases very slowly using dogecoin inflation model).

XMR uses a way smarted inflation curve decreasing every day to 0.80% in 2021 then adopting eth-dogecoin inflation curve and decreasing slowly towards 0%

This shit will have less inflation than real estate or gold, it will be the asset with less inflation on the planet in about 500 days, with only 400 mined per day in about a year.

>>23633159
Yeah no shit. That's why Monero is so undervalued. Consider how limited the on ramps of Monero are in comparison and how normies are turned of by the tech because they are retarded. Also notice how the monero daily transactions have actual long term growth. That's because Monero is actually used, and right now Monero is where Bitcoin was in the early 2010s.
Consider: there is less Monero than Bitcoin until the year 2040, and rising demand for privacy and lowering inflation will eventually reach a breaking point -- likely once atomic swaps are fully realized -- leading to a bull run towards privacy so the feds can't prove how much crypto you actually own. Monero is the only cryptocurrency (other than Bitcoin) with ACTUAL use case. It works as intended right now and is taking over the dark net which is how Bitcoin first started.

>>23633212
>>23633538
You both seem smart. Tell it to me straight - is 100 XMR enough to make it?

>>23633063
>>not realizing that Monero is taking over the dark net

Why do all of you newfags suggest this? Literally do a Google search you faggit zoomer

>>23633159
That's the price for true privacy, brainlet. If you don't like, keep on using the 100% public blockchain Boomercoin and Shitereum.

>>23633688
Idk man. Just get an unknown amount and be comfy. Monero at 0.009 BTC is absurdly undervalued for how powerful it is.
Do your own research and if you like what you see come hang out in the xmr generals.
>>23633710
>he doesn't know about white house market
fucking lol. kill yourself. You actually think people use ethereum, bitcoin cash, dash, and litecoin more than Monero on the dark net now? You have no idea what you are talking about lol.

is XMR being used more than BTC on the dark net? anywhere to get this info?

>>23632755
This, so much this.

Monero is the final boss of crypto now.

For other privacy solutions, check LOKI.

>>23634213
go to the dark net monero sub, dread, or any forum about the dark net
>>23634534
scam. avoid.

>>23634601
dark net reddit sub* (i know it's plebbit but it has a ton of traffic)

>>23633710
now show those percentages trending over time

>>23633772
Why aren't we seeing more growth against Bitcoin? It reached 0.00895 back in 2014

>>23634692
the crypto market is irrational. Gives the smart money time to accumulate.
And it's not like the BTC ratio hasn't done well over the past few months. Monero has actually performed really well all things considered. Plus as more demand finds its way on the dark net we will the ratio rise further.

>>23632875
>>23632918
this + infinite inflation on XMR makes it a dead coin.

>>23635337
>"infinite inflation"

the inflation approaches 0, it already has less inflation than gold (the gold supply is increased by 5% a year as more is mined)

the amount of new monero mined per block will become constant, for example, +1 XMR. imagine if the current supply of XMR was 100. then that 1 xmr would increase the supply by 1%.

but now imagine in a few years when there is 100,000 XMR. each block still mints just 1 XMR because it's constant. now that's a 0.001% inflation. and this process continues and the inflation approaches 0 forever. it's 0 for all intents and purposes.

can somebody please post her?

Nerva is the answer.

Seems almost incomprehensible that it's sitting at a cent.

Tail emission started, supply will dry up.

>>23632698
Better than Bitcoin in every way possible. Anonymous, still proof of work, less coins from the start, tail emissions instead of tx fees even when all coins are mined.

XMR is what Bitcoin should have been. Issue is regulation. Feds do NOT like Monero.

I swear I was thinking the same shit
but the only coin I can purchase in my country peer-to-peer is Bitcoin
and someone posted an .onion link but it was for exchanges and not freelancing services I could provide
anyone wanna help a poor brother out

>>23635535
localmonero

>>23635337
There comes the math brainlet.

>>23635433
Scam.

>>23635558
>localmonero
welcome to Lebanon my dude
we don't even have any fucking currency cause of inflation kek

>>23632880
>cross-chain dexes with privacy features will never exist
IMMUTABLE, UNSTOPPABLE, UN-BANNABLE

GLOWNIGGERS TONGUE MY ANUS

>>23632918
https://eprint.iacr.org/2020/593.pdf
“Zcash’s privacy guarantees are questionable.”

>>2363298
It's one of very few cryptocurrencies that matter. After Saberhagen finished the CryptoNote application layer protocol in 2012, it wasn't until two years later that, Monero came out. At some point privacy coins will become the defacto factor when looking for a cryptocurreny. (Of course, being feeless will also become very important.)

monero is the ultimate. at a bare minimum all drug trade will move to it. that's utility even if normies never care about privacy

>>23635614
damn anon. bitcoin supposed to help countries like yours and less established ones. death to all fiat currency and central banks.

>>23635848
Who is Saberhagen? Satoshi is Adam Back and Hal Finney. Satoshi name came from Hal's neighbor Dorian. But Saberhagen is still a mystery figure and kind of more curious about the origin of him (or her or them).

>>23635593
Just like Bitcoin was called one 10 years ago.

>History doesn't repeat, it abstractly "rhymes"

>>23635890
>Who is Saberhagen?
It's most likely a team of people. Given the use of first person pronouns, through out the whitepaper. It probably consisted of at least Satoshi, and Nick Szabo. If Saberhagen really is one person, then superhuman programmers walk among us.

>>23632880
If you aren't anonymous, then you can be stopped from using it. Your btc will be tainted if anyone flags you. You're not making any sense.

>>23635400
>the inflation approaches 0
> the limit as X(MR) approaches infinity.
>>23635733
>Currently, Zcash is not widely used. It is unclear at the moment how much illicit or criminal activity is on Zcash, but a study as recent as May 6, 2020, showed that it is by far not the preferred cryptocurrency on the dark web. Many criminals do not understand Zcash’s operating model and find it difficult to use, preferring Bitcoin and Monero.
Face it. XMR is doomed from the start. Forever labeled a pedo and druggie coin. There's a reason why most large exchanges (((like))) ZEC. Read between the lines, bobo.

>>23635406

>>23636012
>Forever labeled a pedo and druggie coin.
If Zcash actually worked as intended then degenerates would want to use it you imbecile.

>>23635995
Interesting. Did you see the Barely Sociable YouTube video? I don't want to say Adam Back is Satoshi after watching it, but he as to be. Checks off every box. So does Szabo. Spent hours on him and the rabbit hole. Some of the most interesting people ever.

>>23632698
Isn't that piece of shit private?

>>23635893
Imagine comparing BTC with a meme CryptoNote scam fork with a shitty emission curve

>>23636012
>There's a reason why most large exchanges (((like))) ZEC.
Because it literally has a shitty fake privacy.

>>23636063
kek, I don't buy drugs or kiddie porn, so I don't have anything to worry about. If someone really wanted to view my purchases, they could contact my credit card agency to do so. If I'm buying cryptocurrency to opt-out from the current system, however, I'm buying BTC first. If BTC never adds privacy, then I'm looking for the next best thing -- Zcash. And if we're going based off of founders alone -- Zooko is a crypto OG and well respected. Fluffypony is a fat south african scammer (just like Elon Musk) who only cares about the popularity aspect of crypto (pic related).
tl;dr: I am 50% trans and 120% ashkenazi jew and I hold Zcash.

>>23636063
It does work as intended. The problem is support on exchanges for shielded transactions. The more people who use the shielded pool, the more entropy. You can still buy in at a very reasonable rate, anon. Or FOMO in when XMR is banned on all exchanges and there is 0 liquidity to offload your tainted coins.

>>23636069
It's gotta be Hal Finney.
This is an archive of the announcement of Bitcoin: https://satoshi.nakamotoinstitute.org/emails/cryptography/threads/1/#014815
Finney reads like a sockpuppet here and was involved with Bitcoin from the very beginning. His death also connects with Satoshi's death. Doesn't get much more clear than that.

>>23636013
nope. 0xmonero is fraudulent.
it has nothing to offer on privacy.
https://www.reddit.com/r/CryptoMoonShots/comments/i27fhk/0xmonero_summary_of_findings/

>>23636069
>Some of the most interesting people ever.
Agreed.

>>23636232
RIP Hal. There's a reason he was cryogenically frozen. Makes sense that he handed Bitcoin over to Gavin Andresen because he couldn't work on Bitcoin full time. Or that Bitcoin was already on its feet, so he moved onto other ideas and goals before he died.

>>23632698
I only ever use it to buy LSD on the darknet. Dunno what you have to bitch about.

>>23636193
Holding Zcash already explained how retarded you are.

>>23636218
U don't know what fungibility is

>>23636069
>Did you see the Barely Sociable YouTube video?
I'm watching it now. I find it interesting that the NSA, talked about something like Monero back in November of 1996. That wasn't know until the Snowden leaks in 2013, though.

>>23635535
Just use changenow

>>23632698
didn't read, still holding my unknown amount

>>23632880
as we all know, making things illegal stops people doing them

>>23632698
1/10
Of couse we cant prove you wrong, just as you can't prove your statement true
brainlet troll
Gtfo

>>23636536

Vitalik said ‘I wouldn’t be surprised if he is actually an American working for the NSA specializing in cryptography. Then he got sick of the government’s monetary policies and decided to create Bitcoin.’

What cypherpunk worked for the NSA and abandoned ship? The sha256 hash function was made by the NSA. Could the creator of that be Satoshi? A crypto like Monero is used by cartels and probably the NSA and governments themselves. Why not?

>>23637231
That's another problem with btc.

>>23636536
Another interesting fella was Paul Le Roux. NSA couldn't crack TrueCrypt. His background could suggest he was a candidate to be Satoshi.

>>23637317
Wow that not good. Bitcoin has backdoors?

Also, Nicolas van Saberhagen = a pseudonym of Nick Szabo?

Not making me sell my coins that I may or may not own nigger, fuck off. Everything got dragged up by bitcoins insane boom, and Monero has been making solid gains in the last month.

>>23637231
>What cypherpunk worked for the NSA and abandoned ship?
I don't think, even if someone at the NSA developed Bitcoin, they abandoned ship. Someone or some group there could have developed it for some unknown reason, and released it. Although I still believe Nakamoto was by himself, unlike Saberhagen, and someone else. I also believe studied the lexicons of Back, and Szabo to avoid a successful stylometry analysis.

>>23637469
That could be possible. Satoshi didn't lack precision. If Satoshi mined over a million coins and each reward went to a newly generated wallet, are all of those wallets still active with unspent bitcoins in them? All those private keys are store somewhere.

>>23637469
Found this

https://bitcointalk.org/index.php?topic=512747.3030;wap2

>>23637607
>All those private keys are store somewhere.
I believe, given Satoshi's advance understanding of: computer programming, mathematics, and cryptography. That the private keys were wiped from his hard drive, using the two Linux programs, shread, and hdparm. However, Bitcoin was most likely developed on Windows XP, so it's very possible the NSA, or even Microsoft have a copy of the private keys.

>>23632698
You are absolutely right. You should just go put 100% in core, sure fire win right there.

>>23637654
You can see on different blockchain explorers of Bitcoin the first mined blocks are still unspent. Satoshi was definitely mining heavy early on until he accumulated the million that he is now known to have mined.

He went the extra length in every which way he went. What a genius.

>>23637654
Have any btc been sent ftom the genesis wallet? Isn't it possible the private key was never generated?

>>23636013
kek low tier shop

>>23637649
That's interesting, I didn't know he was talked about in the ByteCoin thread. He made in "appearance" (obfuscated voice appearance) at a crypto conference in Germany. That was back in January of 2015.

>>23636193
>there's no reason for me to use a privacy coin
>I have nothing to hide

>>23637736
Nick Szabo, Adam Back, and Hal Finney are as close to who was responsible for Bitcoin. Adam's username is Adam3us (3 of us) so you never know.

the wallet that satoshi had started with 1NS that could be abbreviation for Saberhagen Nickolas

https://twitter.com/NickSzabo4/status/1152648193823219712

Szabo approves of Monero. Now Nick's political philosophy lines up with a person who would create Bitcoin to sway money from central banks to the people.

>>23636193
>tl;dr: I am 50% trans and 120% ashkenazi jew and I hold Zcash.
ultramega bait

>>23634534
go make your own thread instead of shitting up xmr threads
loki and ghost piggy back off of xmr, and we all saw how ghost went

>>23636069
>Some of the most interesting people ever.
satoshi will be talked about for at least a century, if not longer

>>23637769
What ever did you use before a bank?!

>>23638275
cash, which is largely anonymous you dummy
why do you think band structurally prevent you from depositing large amounts of cash without justification of its source?
>hint: it's not because it's easy to trace

>>23634601
LOKI has faster tps, 10 ring signatures (4x more privacy), and Proof of Stake. Whether or not it has lots of devs building dapps at the moment, it’s already superior to XMR out of the box.

>>23638393
if it's so great go make your own threads instead of piggybacking off of xmr

I love XMR threads, so essentially its either the most important thing to crypt currency or its about to go to 0..
Surely there has to be an in-between? For me it has good use case, most markets on the darkweb accept it or btc however if imagine due to security most people are paying with xmr.
Also surely if governments, banks and law enforcement really dislike a currency that's a massive buy signal?
I think at this point anyone without a decent sized stack of xmr is a smooth brain

>>23632698
There are a million better privacy projects one could invest in that haven't mooned yet, like 0x>>MR. Besides, Monero is a honeypot that can be tracked.

Best coin on the market for a long term 10 year hold

>>23638562
This! So much this.
Be smart, jump ship to the growing project.

>>23638708
Grin and Beam. Mimblewimble is another crypto invention with a pseudonymous creator who planted it and left. We have like 3 Satoshi-like figures.

>>23638708
Buy XMR and don't look back.

>>23632698
ethereum gets full anonymity probably even this year, it's going to kill monero.

>>23634213
>Is Monero being used more than bitcoin on the darkweb?
Not yet, but it is in second place according to Europol's Internet Organized Crime Threat Assessment (IOCTA) report for 2020
In terms of payment options, bitcoin remains the Darkweb’s most popular method, the report says, “mainly due to its wide adoption, reputation, and ease of use.” But “monero is gradually becoming the most established privacy coin for Darkweb transactions, followed by zcash and dash.”
https://www.europol.europa.eu/activities-services/main-reports/internet-organised-crime-threat-assessment-iocta-2020