/biz/ - Business & Finance

>xmr general

dj billybool checking in

comfy thread

Finally my bank processed the wire transfer for my deposit.
So.. uhm... SELL MONERO IT'S A HONEYPOT.... uhm..... CRACKED BY FBI AND THE FEDS PLEASE SELL

>>25737421
monero, has been the worst investment I made in a loooong time aside from shitcoins.
great to trasnfer money, horrible to make money.
truly a pedo friendly coin

>>25737872
Institutional money ain't getting xmr.

>>25737872
when the time is right
you won't think of it as an investment
you need Adamantium hands, when atomic swaps kick in it'll be on literally another level

>>25737900
...yet

>>25737872
OMG THE COIN HASNT GONE TO 1000000% IT ACTUALLY WENT DOWN 15% MY LIFE IS RUINED WORST INVESTMENT EVER HOLY SHIT AAAAAAAAAAAAA

Monero can be traced. Zcash is only truly private coin.

>>25738013
Yeah but it actually can't be traced. GL with your shitcoin though.

I personally don’t think we will ever hit the ATH again. The average person doesn’t give a shit about privacy and is fine with handing out all their information. This will not change anytime soon. We are moving towards a society where the government has complete control and eyes everywhere. Once more, people are completely fine with this as long as it doesn’t impact their daily life (it does, but try explaining that). I think Monero’s succes is entirely based off money laundering and whether the top 1% will adopt it. For normies XMR will remain a spooky coin and not worth the time or effort when there’s bitcoin, and it turns out we need Bitcoin in order to stay relevant in the first place. Every crypto community is a gigantic echo chamber but Monero takes the cake for sure.

With that being said I am holding bags with an unknown amount because I believe in the tech.

>>25738013
kek

>>25738013
https://cointelegraph.com/news/researchers-claim-999-of-zcash-transactions-are-traceable

>>25738013
topkek

>>25737421
>asymptotically go to zero
this actually blew my mind a bit

>>25738081
someone debunk him pls im scared
i dont see normies piling into xmr as they do with BTC, ETH, LTC, etc. also if the 1% dont use it to launder money (they have tax havens) then xmr is fugged

>>25738081
based
I might have thought so as well, but
https://www.businessinsider.com/twitter-employees-dorsey-suspend-trump-2021-1
https://www.bbc.com/news/technology-55598887
privacy is becoming more and more a relic of times past, and the people with the education we can and will do my brothers, the people can, should and will care and fight for their privacy
big tech is leaning more and more to a 1984 dystopian future, they have more leverage than the big governments combined

>>25738190
indeed
afaik, unlike BTC who has the limited supply meme going for it, XMR truly acts as digital cash, fending off the problems 3rd world countries are facing, and soon the US when it becomes a Chinese colony

>>25738192
normies are already piling into Monero because of dark net usage.

>>25737421
This coin is shit. GTFO, buy LTC

Gimme that meme with the IRS and FBI.

>>25738283
I wouldn't say piling into Monero really. In my experience, most people hold BTC and exchange the amount they need for their purchases over to XMR at the time of purchase. Awful for OpSec I know but it's how I see most people using it.

Give me some references to places where I can explore the actual use of Monero.

>>25738597
dark.fail

>>25738597
just use darkfail and see for yourself

>>25738597
https://cryptwerk.com/pay-with/xmr/

>>25738494
the largest dark net marketplace only accepts Monero, and the increase in transactions over the past year shows how strong dark net adoption has been:
https://bitinfocharts.com/comparison/monero-transactions.html
>n my experience, most people hold BTC and exchange the amount they need for their purchases over to XMR at the time of purchase. Awful for OpSec I know but it's how I see most people using it.
How is that awful for opsec? It's a hell of a lot better than staying in Bitcoin or using mixers. And I am fine with people only using Monero for it's purpose as cash. That is great. Monero is emerging as Bitcoin's privacy layer.

>>25737421
Monero can be tracked, I sold my Monero for 0xMonero. cue the response from a 0xBitcoin shill bot

>>25738081
>The average person doesn’t give a shit about privacy and is fine with handing out all their information.

True. Except when they're buying drugs on the darknet, thats when they HAVE to use crypto....and guess which crypto is set to become the default on there?

>I think Monero’s succes is entirely based off money laundering and whether the top 1% will adopt it.

This is what professional crypto analysts think as well. Offshore/black money influxes. However, given that:

A) we're already seeing the forces of darkness moving into crypto....

>Criminals laundered $2.8 billion in 2019 using crypto exchanges, finds a new analysis
https://www.technologyreview.com/2020/01/16/130843/cryptocurrency-money-laundering-exchanges/

>Latin American crime cartels turn to cryptocurrencies for money laundering
https://www.reuters.com/article/mexico-bitcoin-insight-idUSKBN28I1KD

>Cali Drug Cartel Member Arrested for Crypto Money Laundering
https://decrypt.co/47740/cali-drug-cartel-member-arrested-crypto-money-laundering

and B) the trend of underworld elements moving away from BTC into XMR isn't letting up,

it is quite reasonable to assume Monero will eventually become the reserve cryptocurrency of the global shadow economy and thus gradually absorb HUNDREDS of billions of dollars (conservative estimate) into its marketcap.

So it really all comes down to how resilient Monero is to regulatory takedown - if it can go the distance it will end up on Mars.

>>25739070
0xmonero is still vaporware bullshit
just like the last hundred times you spammed it
SHUT UP DICKLESS LITTLE MORON
https://www.reddit.com/r/CryptoMoonShots/comments/i27fhk/0xmonero_summary_of_findings/
>>/biz/thread/S24750658#p24755504

>>25738709
I'm a XMR long time hodler, so everything I say is in good faith. I truly believe in the coin for long term use.
>How is that awful for opsec?
That's how you can get traced if you're not careful. Assuming the receiving peer is breached, tracing an exact (or close) BTC exchange to what is received on the receiving XMR wallet COULD expose yourself. It's just a small risk I know, but it could happen, and it's why most OpSec guide will advise to always exchange more than you need and not pay immediately. However, I have not seen too many folks actual practice that.
>It's a hell of a lot better than staying in Bitcoin or using mixers
Absolute. And with Atomic swaps, mixers will be obsolete.
>And I am fine with people only using Monero for it's purpose as cash. That is great. Monero is emerging as Bitcoin's privacy layer.
Same. I just need a way to better exchange XMR back to cash rather than paying an upcharge on Bisq for it. I'm patiently waiting for atomic swaps :(

>>25739070
Care to provide a source on that info, Rajeesh?

monero is an og coin and has been in the top 20 since its inception in 2014 can't say that about most coins. its value satwise is almost at its all time low. I already have a good stack but I am very tempted to go all in

>>25739226
Me too, friend. I'm holding BTC, ETH, XLM and XMR. I'm patiently waiting for the right time to convert profits from the formers over to XMR. Trying to time this market is proving to be a pain, every time I want to swap, we reach higher and higher highs :)

>>25739161
>It's just a small risk I know, but it could happen, and it's why most OpSec guide will advise to always exchange more than you need and not pay immediately.
gotcha. yea this is true.

>>25739198
Sure, read the whitepaper

>>25739288
Imagine actually converting a deflationary asset like Ethereum with EIP 1559 to Monero, which has an infinite supply.

My goal is to reach at least 100 XMR and just sit on it no matter what

>>25739597
there's nothing interesting in your whitepaper
just basic info and bullshit claims
quit wasting people's time
quit trying to rip people off by lying

>>25739735
don't feed the troll lol

>>25739669
>My goal is to reach at least 100 XMR and just sit on it no matter what

Do that and you'll likely end up a millionaire. Just stash into a paper wallet and forget about it for a few years.

>>25738081
Monero is the only major cc which has solved the block size issue. And it has fungibility on top of that.

>>25739883
I hope so. I've been accumulating XMR from around the $55 mark and still going.

>>25738013
https://twitter.com/zooko/status/863202798883577856?s=20

>>25740648
kek

>>25738081
>The average person doesn't give a shit about privacy
If this were true then window blind and bathroom door salesmen would be out of business.

>>25739669
Always [an unknown amount] anon.

Still, that particular UA sounds pretty fuckin comfy.

>>25737421
Do you realistically think Monero has any chance of competing with the maincoins?
I've heard it called the underground maincoin how true is this statement?
I have heard that Monero(and other privacy coins) are being stifled by most Govs in most countries cause they're afraid of this privacy coin gaining traction. Is the long run will they succeed?

>>25741260
you fucking know it
and yes the price is being suppressed because imo whales are trying to accumulate
when atomic swaps kick in it's gonna go into overdrive
we need to fight for XMR, education is key

>>25740773
That's a false equivalency.
I'd say that this true for the average person right now and it's getting worse unfortunately. But that doesn't mean that the average person shouldn't care about privacy. And I'd guess the average intelligent person does care about privacy.

>>25741260
maybe, maybe not
nobody knows dyor and see if you believe in the long term outcomes
what is certain rn is that it’s the only coin used as an actual currency alongside btc so no need for a normie FOMO or a retarded moon mission for it to grow steadily

>>25741260
>Do you realistically think Monero has any chance of competing with the maincoins?

As an actual currency? Its more a question of can maincoins compete with Monero.


>I've heard it called the underground maincoin how true is this statement?

Yes, Monero is gradually replacing Bitcoin on the darknet and related periphery.

>Bitcoin Will Never Be Truly Private Says Andreas Antonopoulos
https://cointelegraph.com/news/bitcoin-will-never-be-truly-private-says-andreas-antonopoulos

>Bitcoin is too hot for criminals. They're using Monero instead
https://money.cnn.com/2018/01/03/technology/bitcoin-popularity-criminals-monero/index.html

>Crooks opt for Monero as crypto of choice to launder ill-gotten gains
https://www.theregister.com/2018/03/16/cyber_crime_economics/

>Darknet Giant White House Market Drops Bitcoin, Supports Monero Payments Only
https://news.bitcoin.com/darknet-giant-white-house-market-drops-bitcoin-supports-monero-payments-only/

>Monero replaces Bitcoin for Sodinokibi Ransomware operators
https://www.cybersecurity-insiders.com/monero-replaces-bitcoin-for-sodinokibi-ransomware-operators/

>$7.5M in Monero Demanded in Alleged Cyber Attack on Argentinian Telecom Giant
https://www.financemagnates.com/cryptocurrency/news/7-5m-in-monero-demanded-in-alleged-cyber-attack-on-argentinian-telecom-giant/


>I have heard that Monero(and other privacy coins) are being stifled by most Govs in most countries cause they're afraid of this privacy coin gaining traction. Is the long run will they succeed?

As long as XMR can maintain the technological advantage e.g. atomic swaps, its future looks pretty damn promising.

>>25741260
>Do you realistically think Monero has any chance of competing with the maincoins?
Monero has no competition when it comes to privacy.
>I've heard it called the underground maincoin how true is this statement?
It will be true. We are well on the way. As said earlier, the largest dark net marketplace now exclusively uses Monero, but there is still work to be done. We are seeing a snowball effect on the dark net right now as more and more people learn about Monero.
We are basically Bitcoin circa 2012 right now -- lots of regulatory fud and darknet adoption.
>I have heard that Monero(and other privacy coins) are being stifled by most Govs in most countries cause they're afraid of this privacy coin gaining traction. Is the long run will they succeed?
You've heard incorrectly.
There are several governments that are strong arming exchanges to prevent people from onramping to Monero, but these are easily worked around. Monero can't be banned.
Hell, if you check out the recent fincen documentation, Monero is the second most referenced crypto behind Bitcoin, and there is absolutely nothing in the writing to say that Monero should be looked at as differently than Bitcoin.

>>25737421
Should i sell dome btc for xmr now that btc is high and monero low?
I already have a small stack, but it's been under-performing so bad in comparison to my other holdings that i'm not sure really.

>>25741707
Yeah i'd say now is a pretty good time

>>25741344
>>25741399
>>25741475
>>25741572
Thank you for answering. This is one of the routes I am talking to DMOR. Do we have a timeframe for when the atomic swaps will be kicking in or is it best to just play it by ear. Also I'm sorry but I don't know what you mean by atomic swaps. I'd guess it just means a whales' pump but I am guessing.
Also I've only heard pros from so far and nothing has no downsides. What would you say are the cons for this coin that could be detrimental to Moneros price, other than the gov stifling?
It is difficult for the people to fight the government on anything but some countries, e.g. Malta, and a lot more privacy crypto friendly. And if those countries end up benefiting from the coin you could argue that other countries would follow suit. But this route of events is far from certain.

>>25741824
It needs BTC's Taproot implementation to go live first. Estimated 2021q4 for swaps

>>25741824
The expected timeframe is about a year but realistically it will be on and a half or two

>>25741964
This anon isn't developing farcaster so take his advice with a grain of salt.

>>25741707
It's hard to say short term, especially when BTC is red hot like it is right now. I believe XMR is in a position for growth relative to BTC over the next 5 years. I'm sure there are at least a handful of whales with an unknown amount of pre-kyc BTC that will want to aquire an unknown amount of XMR after atomic swaps come out. I don't think that factor will outweigh the institutional adoption meme this bullrun, but time will tell.

my wallet keeps fucking synchronizing all the fucking time and its never cathing up
do i need a new pc or what?
if thats how this shit works
how am i supposed to buy this shit
anybody can help?

>>25742036
>This anon isn't developing farcaster so take his advice with a grain of salt.
Anyone's ETA for atomic swaps should be taken with a grain of salt

>>25742039
wrapped XMR is much more important for APY incentives

>>25742058
Are you using the latest Monero GUI Wallet? If you aren't on the latest version compatible with the remote nodes, you won't be able to sync.

>>25742164
latest but i was told not to use remote nodes
and do local
should i be on remote nodes?

How are we today, fellas?

>>25742270
Your local node might not be running / sync'd up? You can try a remote node and see if that fixes it and then fix your local node.
>i was told not to use remote nodes
This is correct for long term storage / transactions. But you should see if the remote node fixes your problem. Then you know it's something to do with your local node.

>>25742401
Good.

>>25741824
>Do we have a timeframe for when the atomic swaps will be kicking in or is it best to just play it by ear.

Atomic swaps PROTOCOL drops in Q4 2021 but then it it'll probably take another 6-12 months to get the UX client/wallet and price discovery tech sorted out.

>Also I'm sorry but I don't know what you mean by atomic swaps.

AS enable two anonymous users, in this case BTC and XMR holders, to seamlessly and trustlessly exchange their coins directly without any intermediary. Think of it like P2P file sharing, except with crypto. This is significant for Monero because it means getting delisted/banned wouldn't won't stop people being able to acquire and use it.

So, it would go something like this:

Say Monero is banned and its illegal to sell it on exchanges. No problem.

1. You buy BTC on Coinbase or wherever

2. You send it to your AS wallet

3. Select swap offer and initiate the process and let it run.

4. You now have XMR


>Also I've only heard pros from so far and nothing has no downsides. What would you say are the cons for this coin that could be detrimental to Moneros price, other than the gov stifling?

Theoretically, some kind of fundamental flaw in the code that can be nefariously exploited to cripple Monero or saturate its supply. Other than that, network attacks, tho the devs are getting a lot of practice with mitigating those recently.

>>25737421
Bump for unknown

Holding XMR waiting for XSN to complete their dex to swap completely anonymus

>>25742963
Is there any way to identify a receiving wallet as a AS wallet in this case? Thinking of possible scenario where say, Coinbase, identifies you are trying to send BTC to a AS wallet and blocks the transfer (due to some regulatory restriction or something)?

>>25742963
>Atomic swaps PROTOCOL drops in Q4 2021 but then it it'll probably take another 6-12 months to get the UX client/wallet and price discovery tech sorted out.
That's a long time from now. How much do you expect the price to change in-between now and then? I'm hodling some crytos that are working very well for me and I don't want to sell yet. Wouldn't it be best to buy in around summer?
Yea I looked into atomic swaps after I was told about it I think I get it now. Thank you for your explanation I apologize for my initial ignorance.
Can't the gov do something to fight against that as well if they wanted to tho? They are the gov.
Is there a chance of XMR going partially open source? I've always held the belief that open source projects are better. HBAR would be the one if it was, the tech is sweet.

>>25742401
Comfy, as always

>>25743439
monero is completely open source

>>25743439
https://github.com/monero-project/monero

It is open source :)

>>25743172
>Is there any way to identify a receiving wallet as a AS wallet in this case? Thinking of possible scenario where say, Coinbase, identifies you are trying to send BTC to a AS wallet and blocks the transfer (due to some regulatory restriction or something)?

Nope, you'd just have the wallet generate a brand new receiving address. No blockchain history = nothing to find.

Anybody doing subsequent blockchain analysis would see:

1. the BTC leaving Coinbase for a virgin address

2. the BTC then moving to another virgin address (generated by the swap protocol)

3. And then off on an unrelated trajectory.

That is the beauty of cross-chain atomic swaps: there's no way of knowing they've taken place.

>>25741381
You’re retarded. That’s not how a false equivalence fallacy works. You made a claim regarding privacy in an individual’s daily activities. The anon responded with an example of when people care about privacy in their daily activities. Go fuck yourself and review logical fallacies before trying to BTFO a Monero chad

>>25743582
>>25743628
Fuck me fair play. Love that shit. Krita ftw
I'm in
>STEEM
>IOTA
>AVAX
>RLC
>HBAR
in that order. What you guys reckon I should drop for XMR. RLC is the one I'm leaning towards dropping atm.

>>25743794
those are all shitcoins

>>25743794
I like the RLC project, I just don't know if it will be adopted (the sad, unfortunate, fate for many coins). I've never heard nor looked up any of the others.

>>25743726
No I didn't, not the same guy. But it is a false equivalency and I don't care that you don't know why. Stay mad smoothbrain

>>25737872
What?
You imply stable transfer?

>>25743829
Why do you think so? I'll put it a different way which ones is the shittiest shitcoin?
>>25743851
Tbh RLC is the one I know least about. I was in it from the graphs/indicators and the memes.

>>25744147
I only invest in crypto with usecase, not vaporware speculation.
Monero is bought because it needs to be used in certain markets, hence it has actual value.

>>25743439
>That's a long time from now. How much do you expect the price to change in-between now and then?

In a market irrational and impulsive as this one, its really anybody's guess. Probably a gradual, steady rise to $500+ along with the usual corrective dumps.

>I'm hodling some crytos that are working very well for me and I don't want to sell yet. Wouldn't it be best to buy in around summer?

Best time to buy was in 2014. Next best time is today.

>Can't the gov do something to fight against that as well if they wanted to tho? They are the gov.

Well, they could also ban Bitcoin, that'd be a problem. But the current AS protocol is being designed to eventually function as a socket for other chains, so basically they'd have to literally ban ALL crypto.


>Is there a chance of XMR going partially open source? I've always held the belief that open source projects are better. HBAR would be the one if it was, the tech is sweet.

Monero is fully open source, couldn't trust it otherwise.

>>25740648
The guy is a cuck. Also wannacry hackers used shapeshift to move BTC to XMR

>>25743905
Cope

>>25738340
this one?

>>25742427
>connect to remote node
>wallet get synchronized
>change to local
>it starts from the start again
am i a retard or what?

>>25744529
A local node means you are syncing the blockchain to your own system and running your own node. This means you are downloading the blockchain from the start and supporting the network.
A remote node is somebody else who has downloaded the blockchain. This means you are connected to that node and scanning their blockchain for payments of your wallet. When you connect to a remote node you are not downloading the blockchain.
>am i a retard or what?
nah you are just a noob.
It's up to you. If you want to support the network you can sync to the block chain and run your own node, and if you want to just use the network you can connect to a remote node.

>>25744529
Did you ever download the complete blockchain locally? I'm on a fiber connection, 1gbps up/down, and when I had to initialize my new node it took about 8hrs to completely download it.

>>25744887
It has to be downloaded from other nodes, your seeder my just have a bad uplink. If you can provide a 24/7 node with a fiber connection and both ports open that'd be an amazing network contribution

>>25744147
I agree with >>25744200

Ony keep crypto with
1. an active use case
2. an extremly strong believe in, but not more than a suicide stack
3. small btc/eth reserves
4. tiny amounts of meme coins

I don't know much about the ones you have, so you best pick the ones to drop yourself

>>25742730
>>25743536
Great to hear!

>xmr thread

>>25745030
I can do this. Any thoughts on how to share?

>>25745822
https://www.reddit.com/r/Monero/comments/kkr04n
https://www.reddit.com/r/Monero/comments/kkgly6

Reddit links, but monero community so it's fine I guess? I haven't set up my own yet, so I can't give you a walktrough yet.

You can use the GUI on your normal PC as well, if the ports are correctly open (router settings) it should work too.

There are some chads here that run teir own node, maybe they could help out with details.

Can't use Poloniex or Binance because I live in Texas. What do I do? Will Exmo work?

>>25746489
I also live in Texas but I use Binance.com fine. Use a VPN and never login to binance without it. Buy on coinbase with fiat, send to binance wallet.

>>25746537
>Use a VPN and never login to binance without it.

Careful with that. If they get wise they're liable to close your account.

If you need to use a VPN make sure its one you set up yourself, commercial VPN IPs cannot be considered reliable.

mini moon
eyo!

>>25746636
mullvad. no ID required, you can pay with xmr. optional mode to block traffic if vpn can not be reached (killswitch)

>>25746728
>mullvad
It's all I use. :) Most based VPN provider out there

>>25746800
The only thing that I wish for is that they offer pirect payments with monero.

dont give up on me yet

has anyone used Changelly for buying Monero? Is it any good?

>>25747050
May require KYC or lock funds. Never used myself, so this is only what I heard.

>>25746636
>>25746728
>>25746800
I hope SENT + XMR becomes a thing, I really do

>>25746537
I'm too scared to do that. Also, how do you verify an account without giving them your address?

>>25747456
You don't have to verify your account on Binance to use it as an exchange.

My flow is usually like, Fiat -> Coinbase -> BTC -> Biance -> XMR -> XMR GUI Wallet

Is Monero still good?

>>25744724
>>25744887
Ok thanks
It took me 2-3 hours when i first installed it but considering how long it took you with that speed i think i haven't.
Can i keep doing it remotely? Or i should not trust it
The node im using is node.xmr.to

>>25747648
I was told its the best

cardano > zcash > monero

That’s so ridiculous that beggars still pray for mining conditions and old options with incredible gas fees. How dare are u???!
If you want to get income with crypto always try to find new platforms that can solve cashflow problems. Follow poolz and their nft options with low-level fees and pools features. You will easily win with it, I tell u

>>25747932
>cardano > zcash > monero

>>25748068
you missunderstood, he layed down his progression as he learned more about crypto.. or at least I hope that\s

>>25746728
Mullvad? Isn't mullvad based in sweden, so it's under the 14 eyes?

Bought a bunch of XMR yesterday for BTC and I am up 3.5% :)
>>25737554
Cute Rena

>>25748148
yes, but you don't give them even your email address, you jest gennerate an account number and refill the balance with crypto
their track record is pretty much the best you'll find

>>25748068
>>25748128
Kek

>>25747786
yeah using nodes remotely is fine, especially if it is a community approved one
>>25748068
oh look, its a retard

>>25748177
congrats anon, I believe in you!

>>25737900
Of course it will. The biggest institution of all: the government. When crypto starts its climb to overtake the financial system and society is crumbling, government officials will pour money into it to flee from the angry mob. Monero will be the final destination.

>>25748564
what about when its deplatformed ?

>>25748219
I don't think that really matters. If you entered your real name (or any information that identifies you personally) while using that VPN, that info is most likely in the hands of the swedish gov or any other niggerish gov

>>25748448
Do not reply to me with the reddit frog!

>>25748798
https should encrypt all user data, use HTTPS everywhere to force the browser to use it. The only data the VPN has is metadata.

Mullvad has a public statement which data they log (basically none) and although they could log more (can't be verified) they have at least never been caught pants down.

Can't wait to get an odroid or raspi to make it a node

>>25747501
You do with binance.us I think

>>25749445
Pls i just want some monero to hodl forever fuck binance this is so confusing

https://www.reddit.com/r/darknet/comments/ktjd9s/how_to_make_btc_transaction_untraceable/

>>25747050
didn't the faggot verhoof or whatever his name is delist xmr?

XMR price suppression ends soon

>>25751147
please no. Can I request a 20% flash sale first?

>>25751313
Don’t worry. Tether FUD is locked and loaded. You have one buying opportunity remaining.

>>25751399
Praise this sun

>>25751586
May the sun shine upon this lord of cinder

>>25737421

whats the best way to mine Monero?

>>25751742
Ryzen

>>25751893
This. If you can’t figure it out, buy AMD stock

>>25751665
best response
it's gonna be a blessed trade

You need an [unknown] amount to make it

>>25742130

When will wrapped XMR be on my favorite DeFi platform?

>>25737421
Hey Monero Bros. I have reasons to believe that there is a scheme behind supressing XMR and I might have discovered how they do it.
It is some Schizo shot though.

>>25753278
Tell us. We are schizo adjacent

>>25753306
Based, lol and fact

>>25753278
Tell us. Ideas are to be shared, wether you are a schizo or not.

>>25753306
>>25753640
Alright, give me a minute. Will get on my PC and type it out

>>25753278
fucking yeah bro
the shit with twitter and parler etc.. is a 1984 scenario coming
FAGMAN are the new unknown hand that plays God without asking permission
and we are here to be at the forefront of the battle

>>25751893

I have one

>>25754128
get xmrig my nibba

>>25754673
I kek'd

Whats the best way to send LTC anonymously?

>>25754986
convert it to xmr then send that :3

>>25754986
>Whats the best way to send LTC anonymously?

You can't. MW will enable "good enough" private transactions BUT they won't be truly anonymous like XMR.

I'm not from the US and I forgot that I was using a proxy/vpn and logged in to Binance on an unverified account . I got a warning saying that I should do KYC and something else, what do?

>>25738013
you've got it backwards

>>25753864
Is it the whales or fbis trying to squeeze the criminals?

>>25753640
Anon you played me.

>>25754430

Done. How much do you mine a month with a decent cpu?

>>25755207
i had the same thing happened, nothing will happen. just make sure to KYC

Start buying drugs using monero. It decalcifies your pineal gland so you should be doing them anyway. Do you ever have a cloudy head or unclear thoughts or feel run down or confused or without purpose? Your pineal gland is probably full of calcium. Descartes himself reckoned the pineal gland to be the physical catalyst for the concept known as the soul and youre walking around with yours full of calcium and flouride and xenon and all types of degenerative material. The great whore of babylon from the revelations of john was carried and eventually killed upon a beast with 7 horns and 10 heads by a greater being called the beast. The latter was a man of human number 6 hundred threescore and 6 and his followers agreed to shun the harlot of babylon, for she was an abomination, to their own demise, for they had no faith on the things that were foretold to come. They didn't know what was to come because they could not see, and my personal hypothesis is that they could not see the blatant truth because they had calcified pineal glands, which would explain most of what has been repudiated as proof of fictitiousness.

>>25756006
>just make sure to KYC
Why? What I I dont and I just create a new account?

>>25751399
>>25751586

>>25755949
My Ryzen 5 2600 gets me about 0.1 xmr per month, so I'm doing a lot more by mining eth with my 3070 and trading for xmr, then I make about 0.05 xmr per day :)

>>25756075
>Start buying drugs using monero. It decalcifies your pineal gland so you should be doing them anyway. Do you ever have a cloudy head or unclear thoughts or feel run down or confused or without purpose? Your pineal gland is probably full of calcium. Descartes himself reckoned the pineal gland to be the physical catalyst for the concept known as the soul and youre walking around with yours full of calcium and flouride and xenon and all types of degenerative material. The great whore of babylon from the revelations of john was carried and eventually killed upon a beast with 7 horns and 10 heads by a greater being called the beast. The latter was a man of human number 6 hundred threescore and 6 and his followers agreed to shun the harlot of babylon, for she was an abomination, to their own demise, for they had no faith on the things that were foretold to come. They didn't know what was to come because they could not see, and my personal hypothesis is that they could not see the blatant truth because they had calcified pineal glands, which would explain most of what has been repudiated as proof of fictitiousness.
Based and hyperboreapilled

>>25756075

>>25756131
Yeah you can create new account I guess.

>>25756192

Thanks anon

>>25756075
Most based post of /biz/ right now.

>>25756075
Wat.exe

>>25755949
Depends on what you mean by decent and if you count electricity. If it's ryzen 3000 or 5000 and 10¢/kwh you will net a couple dollars a week. If it's a 14nm cpu and expensive electricity you will be close to breaking even.

>>25756192

The GUI wallet and XMRIG is all I need right?

Yes it might be all anonymous and shiet, and you may be able to get XMR by atomic swap with BTC (When it is implemented).
But the fact of you getting XMR via BTC (which is traceable) makes you a criminal if XMR gets banned.

>>25756444
Whats the timeframe on becoming a monero millionaire?

>>25756511

100 XMR
5/10 years

right now : $14.3k

>>25737421
Guys, I am a poor college guy, how much is a serious investment in XMR?

>>25756502
>But the fact of you getting XMR via BTC (which is traceable) makes you a criminal if XMR gets banned.

To an outside 3rd party there is no way of knowing that a cross-chain atomic swap has taken place, blockchain analysis will just show regular old transactional activity.

>>25756566

You convinced me anon.
The GUI wallet and xmrig is all I need right? I just need to link my wallet to the mining software?

>>25753306
>>25753640
>>25753914
>>25755591
Alright, let's start with BTC first.
You have to realize that it was never a threat to "them", and instead a long planned out thing (making BTC blow up).
Refer to what I wrote here >>25704635 and to the pic here >>25734571
Obvious facts who is behind it and who manipulates the prices and the market. Same goes for stock market and precious metals by the way.
In case there are some LINK faggots here as well, read these posts: >>25706997 >>25708908
If you are not a LINK holder, read them anyway and focus on the aspect where I explain Gematria and the Jesuit connection, which is important to understand for the point I am going to make here regarding XMR.
So some anon yesterday asked this question here >>25720797 which led me to do some research.

First of all it is important to know, that for market manipulation, you obviously need a good chunk of the supply under your control.
Since "they" were in on BTC from the beginning it was an easy thing for them to do so.
However I think XMR took them somewhat by suprise, even though they propaply expected something like it.
And after all they will make use of the Anonymity it offers as well. But letting the free market develop a privacy solution itself is easier then coming up with it yourself. After all XMR has proven itself over and over again at this point. And they could have tried to shut it down if they really wanted to. But they didn't.
So what would be the best way to accumulate a shitload of a FUNGIBLE currency like XMR without making it go up in price? Take a guess anons?
How would you do it?
I will write out my thoughts further, but it would be interesting to know what you guys think at first

>>25756511
I'm not a moonboy or anything, but I think we could hit .1 btc in 10 years or less. Monero has government sponsored fud, so it might take a long time for the cream to rise to the top so to speak. I think the technology speaks for itself to people who want to use crypto as currency.

>>25756802


im sold

>>25756075
B... based?

>>25737728
glad you're here dj billybull

>>25756705
>To an outside 3rd party there is no way of knowing that a cross-chain atomic swap has taken place
I am not expert, but how is this supposed to work?
You are will end up with XMR and BTC addresses that contain reserves for exchange (Because BTC/XMR cannot be created out of thin air, you have to take them from reserves, right?), and when BTC address gets flagged by authorities - everyone will know intention of transaction.

>>25754673
so browser based dex's were priced into ETH?

nice FUD lol

>>25756798
Schizopill us

>>25756202
how do I get cute swedish twink bf?

>>25757223
Be one yourself. Then jerk off and imagine that you're not jerking yourself off, but you're jerking off another twink swedish bf.

>>25757113
>I am not expert, but how is this supposed to work?
Person A has Bitcoin and Person B has Monero.
Person A sends Bitcoin to a created Bitcoin address. Person B sends Monero to a created Monero address.
Person B gets the private key for the created Bitcoin address, provided he completed his task of sending Monero to the created Monero address. Person A gets the private key for the created Monero address, provided he completed his task of sending Bitcoin to the created Bitcoin address. If either party does not complete the task, the cryptocurrency is returned to the original wallet.
This isn't exactly how it works, but it is pretty much what is happening. The Bitcoin wouldn't be flagged by any kyc exchange because it would just be going to a brand new bitcoin wallet.

>>25757447
I think what will ultimately happen is multiple rounds of atomic swaps that will render any chain analysis useless. Because the n value of new Bitcoin holders of the previously “tainted” coins would be hilariously large.

>>25757363
>Be one yourself.
god i wish, they are so cute

>>25757520
Former XMR holder comes out with tainted Bitcoin? No problem. Just swap again.

>>25757447
Thanks, now I get it.

>>25756798
>I will write out my thoughts further, but it would be interesting to know what you guys think at first
interested, but too tired to make sense of what you wrote here + all the linked thread and give you a answer with even just a fraction of a thought left

>>25757573
Get an ottermode body, lose weight, dye your hair blonde, get a swedish flag hoodie and that's pretty much it.

>>25737421
If tether fud is true and bitcoin price dumps how fucked would monero be?

>>25757732
Not at all. Monero is the safe haven from/for all scandals and fuckery. The only thing we can’t protect you from is CEX and whale manipulation. Trust the fundamentals.

>>25757680
>dye your hair blonde
doesnt work like that

>>25757578
>Former XMR holder comes out with tainted Bitcoin? No problem. Just swap again.

Tainted BTC could just circulate endlessly and provide liquidity for the swaps market. Another thing to keep in mind is that the Farcaster team eventually intends to expand atomic swaps to other chains, so you could also conceivably do BTC->XMR->LTC+MW to cash out to fiat.

>>25756798
>So what would be the best way to accumulate a shitload of a FUNGIBLE currency like XMR without making it go up in price?

Fudding it and forcing delistings?

>>25756798
this is golden dude

>>25756798
my only rebuttal is that the only way they could ever shut down XMR is heavy FUDing and delistings

>>25756375
agreed

>>25757846
that doesn't answer my question. If btc crashes then what happens to monero price? think hypothetically if you have too

Down for everyone or just me?
https://localmonero.co/blocks

>>25758831
It depends on where the money goes when Bitcoin crashes, Anon. Remember that we are at the same price fiat-wise as Bitcoin at approximately 15-20k. We are decoupled.

>>25758261
>Fudding it and forcing delistings?
Yes and no.
>>25758527
Thank you LebAnon.

>>25756798
>How would you do it?
Well, to acquire a lot of XMR just go to the fucking source and start your own darknet market.
What easier thing can you possibly do? And then you only accept XMR and collect a shitload of fees. Because one thing is for sure: There is no way that XMR isn't supressed.
Also the government and the three letter agencies had their hand in truck trafficking for ages anyway already.
And one of the biggest darknet markets who only accepts XMR anymore is the White House Market.
"White house" reminded me on something else, and I know there is a lot of symbolism out there.
Anyway, so I ended up checking the Gematria of "White House Market" and ended up with a n interesting discovery.
Not saying that's the ultimate truth or a fact on how things are, but a possible take on the current situation
>pic related

>>25759206
Holy shit

>>25759371
Indeed

>>25759206
Oh my god

>>25759415
Did you screenshot? I only saved image

>>25759371
>>25759415
I hope that was enough hopium for the next few months

>>25759501
Who tf are you???

>>25759479
Screenshotted and saved image. Not gonna post it here tho, the guy wanted it deleted

>>25759415

>>25759626
Agreed, I will refer to it when my hands get shaky

WGMI

MOON YOU PIECE OF SHIT!!!

>>25759523
Just an anon with too much fantasy and the ability to think outside the box.
Like I said, refer to it as an interesting observation.
At the end of the day, I can not tell you if that is how it is. And I don't want to be here calling out those powers in place. I wouldn't be the first one who accidentally hung himself with a red tie on a doorknob.
I was also the one who tipped LebAnon a few weeks ago on his XMR address, kek.
And I am sure XMR will have its day somewhere in the future.

>>25759908
Based hyperborean XMRchad

>>25759908
holy fucking shit
thank you fren
>>25760042
truly

>>25759908
what was on the pic i missed it ffs xd

>>25760247
It was pic rel

i just bought 6.9 XMR hello bros

wtf did he post

>>25760247
i would like to know too but their conviction is enough for me to hold

>>25760337
Based giving and receiving anon

I've been buying XMR from a local ATM. Is there any exchange I can buy with a linked bank account? Kraken only does bank wires.

Is it true that XMR is more vulnerable to attacks than BTC?

>>25760403
get Litecoin(because lower fees) and swap them on a non-KYC platform

>>25760337
based. welcome aboard anon.

>>25759908
and please don't consider roping
I've dealt with this issue on a personal level; uncle shot himself couple of years back due to debt
WGMI

>>25760381
i believe

>>25760427
Good point. So binance.us doesn't allow linked bank accounts?

mfw was outside for 5 minutes and now the post I had been waiting for is baleeted.. GG

>>25760483
he meant theyd kill him, brainlet

>>25760415
The network is smaller with less attention so I would say yes, it is more likely. Infact, the network has been under attack for the past few months, which is why we emphasize running nodes so much in the generals because we need to help support the network.

>>25760483
>and please don't consider roping
No worries anon, I won't.
I referred more to "getting suicided" if you know what I mean, instead of committing suicide. My mental condition is pretty good.
Also sorry for your uncle

>>25760657
what was in the post ?

>>25760629
Hey whoa, don’t insult LebAnon. He’s full of love and compassion for his fellow man.
>inb4 /bant/
He opened up to us in his concerned post, asshole

I've had an awakening on XMR. A sudden strong urge to acquire as many as possible. I feel like I only have a couple weeks if that.

>>25760722
An unknown ammount of images containing an unknown ammount of words.

>>25760399
>>25760432
thanks broskis. i figured if coinbase banned a privacy coin for being private then it must be true.

>>25760722
The answer to this question basically
>>25756798
>So what would be the best way to accumulate a shitload of a FUNGIBLE currency like XMR without making it go up in price?
I am sure you can connect the dots

>>25737421
Someone needs to dump and supress the price.
I need to buy some on monday. Please guys, wait for me.

>>25761237
I didnt see the image, but I suppose it has to do with dumping some monero and making it cheap on BTC pair? They could supress XMR and pump BTC, so it would be where we are now.

M-O-O-N that spells XMR

>>25738013
If this was true Counbase wouldn’t list Zcash

Is MorphTrade any good? What other DEX can you use that doesnt requiere KYC or login/username?

Also Exodus wallet has an exchange option for XMR? is it any good?

>>25762476
haven't used Exodus but I have used Coinomi and Atomic internal exchanges. Theyre so fucking slow.

>>25737421
There's one thing about Monero I've never quite understood. You can't look in someone else's wallet, right? So how does the miner know that you actually have enough money to make the transaction?

>>25744526
Topkek

>>25762898
Very good question!

The short answer is that your wallet attaches a mathematical proof to your transaction that proves the inputs are equal to the outputs without specifying what those values are. This proves that no new Monero is being created.

Example: If you have 0.5 Monero, and you want to send out 0.4 to somebody else, then your transaction will be:
1 Input of 0.5
2 Outputs: 0.4 to the recipient, and 0.1 back to you.
You can see that the sum of the inputs equals the sum of the outputs, and so long as this is the case, nobody is cheating or printing their own free money.

If you want to get into the super technical details, check out Zero to Monero Section 5.2 Pedersen Commitments.

https://web.getmonero.org/library/Zero-to-Monero-2-0-0.pdf

>>25762898
It uses inputs (incoming amounts), which are not bound to addresses, to make an output (outgoing amounts). These are not connected to any wallets, but if the owner of the XMR signs the input and their output with their private spend key, the miner knows that the transaction is correct, without having to know who owns the inputs, or outputs. (Because the signatures are unique for each transaction)

>>25763196
>>25763260
Bah, beat me to it. gj anon

>>25762898
>>25763196
If you want a keyword to google, they're using homomorphic encryption that preserves addition, so you have an encrypted value for all the inputs and outputs, you can add them all together without knowing their value and it gives you zero.

>>25758831
Monero will crash aswell. I am no BTC maxi but for now better or worse XMR is still tied to BTC. It is however more decoupled then other coins for a number of reasons. So BTC movement alone only tells half of the story. And the other half are well, unknown kek.

>>25763324
Say BTC goes down 75% again, to 10k. Monero would probably follow suite, and then slowly rise in sats because of it's widespread usage as a anonymoose tx .. Which makes for a great way to hedge against btc domps, if you want more sats.. And surely btc is headed for 80k before another 75% dump, in my opinion.. and anything other than a massive dive wouldnt touch 150 usd stable coin xmr

>>25763196
>>25763260
>>25763298
Very informative, thanks
>>25763324
Afaik mining XMR is cheaper than mining BTC so at least in the long run XMR will likely recover even if BTC somehow doesn't.

>missed >>25759206
>look it up on the archive
>it's gay numerology shit

>>25764083
kek