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25443886 No.25443886 [Reply] [Original]

Welcome to the Monero General, dedicated to the discussion of the world's leading decentralized p2p privacy cryptocurrency!

Monero is secure, low-fee, and borderless, meaning users can send XMR around the globe despite corrupt governments or broken financial systems. Innovative privacy features such as Ring Signatures, Stealth Addresses, and Ring CT (hidden tx amounts) ensure that Monero's blockchain is obfuscated -- the financial history of all Monero users is encrypted from the prying eyes of adversaries on a public blockchain, with the proof of the transactions being possible by a Monero user willingly providing a view key for a specific transaction if needed.

Monero has also improved upon the scaling downsides of the current popular cryptos. To avoid high fees, dynamic block size ensures that the size of the blocks will increase as the amount of txs goes higher. Further, the mining network algorithm Random X establishes that anybody with a CPU can participate in mining, preventing the ASIC miner domination that creates a high barrier of entry. Lastly, the mining network will be preserved by Tail Emission -- instead of the block reward falling to zero like with Bitcoin, the block reward will gradually approach 0.6 XMR in May 2022, where it will forever stay. This constant linear inflation means the inflation rate will asymptotically go to zero while continuing to provide an incentive to miners to maintain the network.

If you still have questions, feel free to ask and a Monero Chad will be with you shortly.


OFFICIAL WEBSITE - https://web.getmonero.org


WHERE TO GET MONERO?

>KYC:
Binance
Kraken
Bitfinex

>Non KYC:
Local Monero
Morphtoken
Bisq
Kucoin
Tradeogre
Crypto ATMs
see: kycnot.me

>Mining
https://archive.is/TWOah


HOW TO STORE MONERO?

>Desktop
Gui/Cli (recommended)
MyMonero
Exodus
Feather

>Mobile
IOS: Cakewallet
Android: Monerujo
NOTE: MYMONERO FOR ANDROID IS A SCAM. DO NOT DOWNLOAD ON GOOGLE PLAY.

>Cold Storage
https://archive.is/DEfsP

>> No.25444084

>>25443886
Kek

>> No.25444209

I love XMR but being decoupled from BTC is just not where I wanna be right now. I did pick up some cheapies yesterday tho

>> No.25444316

>>25443886
fucking go-nowhere shitcoin, who gives a fuck about usage when price crabs eternally. 60% of my net worth in this GARBAGE while boomercoin with 7tx/s and zero real use cases is literally rocketing to omega centauri as I type these words. FUCK.

>> No.25444397

>>25443886
The Jews are scared of XMR.

>> No.25444555

>>25444397
Based
>>25444316
You should probably hold bitcoin then. Monero has performed well this year and these are very nice prices to get in.

>> No.25444992
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25444992

>> No.25445710
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25445710

>xmr thread

>> No.25445826

>>25444316
Moonboying is not tolerated here

>> No.25445830

Finally the 0xMR pajeet got tired of posting in these threads lol he probably fill in a shit pool and died

>> No.25445984

>>25445830
he went on a crazed spamfest on reddit instead
https://www.reddit.com/user/No-Step7806

>> No.25445999

>>25443886
Thank you for making this threads OP.

>> No.25446072

Glowie bro at DHS told me they have very smart people there working on breaking Monero anonymity and it’s just a matter of time. Drug dealers are writing a permanent incriminating record on XMR blockchain thinking it’s anonymous but in the future, even if it’s years from now, all the data will be made public. Buy this coin at your own risk. Chances are anyone who touches this will have a tainted record and get marginalized by society.

>> No.25446113

>>25443886
I just started mining, its slow progress but Im making about .75 to .80 cents every 19 hours. Actual pennies but hey, why not right?

>> No.25446154

>>25446072
Kek (((they))) are scared

>> No.25446217
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25446217

>>25445984
>>25445984
Imagine being so destitute that you'd rather shill that crap for a few dollars instead of performing a job that pays more, is generative, and takes less effort.

>> No.25446222

I might buy this dip lads

>> No.25446565
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25446565

I'm so horny and lonely

>> No.25446655
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25446655

>>25445710
comfy cost-savings for the new year

>> No.25446810
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25446810

>>25445984
https://www.reddit.com/r/CryptoCurrency/comments/jv6zd5/what_are_some_altcoins_you_bought_in_2017_that/gci2rwk/?context=3
AHAHAHAHAHAHA OH NO NO NO

>> No.25447101

>>25445826
This is a shit attitude. Monero works better with a higher price. People need to believe in future higher prices to create the self fulfilling prophecy.

>> No.25447264

>>25447101
>Monero works better with a higher price.
not really, it works better with more adoption than speculation/trading tool, price just comes naturally from the demand

>> No.25447291

>>25446072
t. glow nigger

>> No.25447349

>>25447264
>price just comes naturally from the demand
And there's lots of demand when people hide into XMR.

>> No.25447477

>>25445984
Here is his twitter, he has shilled a lot of trash in the last 18 months
https://twitter.com/jeremyp57186822
He has another one solely devoted to fudding 0xbitcoin for some reason. I'll keep looking as long as he keeps spamming, he'll slip up eventually.

>> No.25447826

>>25447101
Anti-moonboy is built into the bedrock of the monero community's ethos. XMR is about transacting privately. Everything else, price included, is secondary. Do we expect and look forward to an increase over time? Absolutely. But this isn't about what happens today, timing the market, or maximizing the value of your sats or fiat investment. It's about being part of a movement that legitimately embodies crypto's foundational principles.

There are hard times ahead. I fully expect days when monero loses half of its value in sats, fiat, whatever. Lotta weak hands will be shaken out the first time a world leader declares this thing as a public enemy. I'm unconcerned.

It's a long play, and fundamentally, monero WORKS. It does what its supposed to, and that's more than most projects in this space could say. If one wasn't being charitable, a good case could be made that bitcoin has lost its way and no longer fulfills its original mission.

So no, Anon, I don't care about whether I could have had more sats or fedbux by liquidating it all and buying bitcoin, or Tesla, or what the fuck ever. A fixation on short term value measured in dollars vs long term value built on function is cancerous to crypto projects and the community as a whole.

>> No.25448395
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25448395

>> No.25448397
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25448397

>>25447826
Based outlook

>> No.25448619

>>25448395
this.

>> No.25448763
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25448763

>absolut with the ice let's get hammered

>> No.25448859

>>25446565
Its ok fren we are here for u