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File: 30 KB, 640x721, wash-your-taint.png [View same] [iqdb] [saucenao] [google]
26077094 No.26077094 [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.26077163
File: 321 KB, 750x1160, 1535750957939.jpg [View same] [iqdb] [saucenao] [google]
26077163

>>26077094
Hello

>> No.26077311
File: 26 KB, 724x319, bisq.png [View same] [iqdb] [saucenao] [google]
26077311

>>26077094
>Bisq
Especially this: https://www.youtube.com/watch?v=og7tqVK8c1E

>> No.26077402
File: 123 KB, 1025x1199, iinbifxj2la61.jpg [View same] [iqdb] [saucenao] [google]
26077402

>How is Monero’s privacy different from other coins?

Monero uses three different privacy technologies: ring signatures, ring confidential transactions (ringCT), and stealth addresses. These hide the sender, amount, and receiver in the transaction, respectively. All transactions on the network are private by mandate; there is no way to accidentally send a transparent transaction. This feature is exclusive to Monero. You do not need to trust anyone else with your privacy.

>How is Monero different from Bitcoin?

Monero is not based on Bitcoin. It is based on the CryptoNote protocol. Bitcoin is a completely transparent system, where people can see exactly how much money is being sent from one user to another. Monero hides this information to protect user privacy in all transactions. It also has a dynamic block size and dynamic fees, an ASIC-resistant proof of work (RandomX), and a Tail Emission, among several other changes.


>What is fungibility, and why is it important?

Fungibility is a simple property of money such that there are no differences between two amounts of the same value. If two people exchanged a 10 and two 5’s, then no one would lose out. However, let’s suppose that everyone knows the 10 was previously used in a ransomware attack. Is the other person still going to make the trade? Probably not, even if the person with the 10 has no connection with the ransomware. This is a problem, since the receiver of money needs to constantly check the money they are receiving to not end up with tainted coins. Monero is fungible, which means people do not need to go through this effort.

>> No.26077464
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26077464

Windows antivirus detects my wallet as virus I don't know why I guess it's because it comes with mining tools. What should I do? I don't wanna ignore that cuz yesterday I DID find a virus, a trojan but it's located in the temp folder of a browser so those two are not related but it scared the shit out of me

>> No.26077603

>>26077464
>Windows antivirus detects my wallet as virus I don't know why I guess it's because it comes with mining tools. What should I do? I don't wanna ignore that cuz yesterday I DID find a virus, a trojan but it's located in the temp folder of a browser so those two are not related but it scared the shit out of me

Did you verify the SHA256 hash?

>> No.26077605
File: 54 KB, 1249x550, Screenshot_2021-01-16_12-02-34.png [View same] [iqdb] [saucenao] [google]
26077605

Maybe someone should start a XMR lottery pool to spark more interest.

>> No.26077677

Saffron Finance is rolling out a WXMR liquidity pool next epoch. Gonna stake some of my XMR on there and dip into that sweet sweet ridiculous APY

https://medium.com/saffron-finance/saffron-weekly-1-14-21-f2eade82bd76

>> No.26077709

>>26077464
yeah its most likely because of the miner, just check the anti virus warning should say "miner"

>> No.26077742

>>26077677
Are there any XMR LPs or will this be the first? I have a unknown amount of XMR that isn't doing any work.

>> No.26077745
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26077745

when up?

>> No.26077751

Thoughts on incognito.org? gains seem too good to be true

>> No.26077778

>>26077677
oooo this looks promising

>> No.26077852

Why is the XMR general telling me to wash my taint?

>> No.26077877

>>26077751

They have both open and closed source software. Unless it's all open source and AUDITED I wouldn't trust them. Once atomic swap becomes useful, Incognito will be worthless.

>> No.26077960
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26077960

>>26077709
is this false positive? it says it affects the monero installer.exe

>> No.26078138

>>26077960
>is this false positive? it says it affects the monero installer.exe

Probably but verify the SHA256 hash to be sure.

There are hash/checksum apps on portableapps.com

>> No.26078233

>>26077094

it's so easy, buy 100 XMR and just do nothing for a couple of years and you've made it. Free money literally

>> No.26078236

>>26077094
just installed the gui wallet from getmonero dot org, look better than electrum so far, very smooth and hand holdy. like the colors, too. thing i'm gonna get my shit on some offline wallets cause i'm bound to gamble it on shitcoins anyway. maybe my kid will find an unknown amount close to a dozen xmr useful 15 years down the line

>> No.26078449
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26078449

>>26078233
>a couple of years

Likely a little more than a couple of years but yeah, just need to let the black markets, tax evaders and money launderers do their thing and we should eventually see some epic gains.

>> No.26078534

>>26078233
>it's so easy, buy 100 XMR and just do nothing for a couple of years and you've made it. Free money literally
this

>> No.26078601

>>26078449

a couple of years is actually a viable horizon in my view. XMR is like BTC 2014/2015. Missed that one? Well, here is your change

>> No.26078631

>>26077603
>>26078138
I just verified the SHA256 hash and it looks fine to me I don't know the problem in here

>> No.26078956
File: 503 KB, 914x1343, Monero-Keep-Calm-HODL-Poster.jpg [View same] [iqdb] [saucenao] [google]
26078956

>>26078601
>a couple of years is actually a viable horizon in my view. XMR is like BTC 2014/2015. Missed that one? Well, here is your change

Its certainly not impossible given how irrational the current crypto market is but I prefer to temper my expectations and abide by more conservative projections.

>> No.26079007

>>26078631
>I just verified the SHA256 hash and it looks fine to me I don't know the problem in here

Then its a false positive, they happen all the time.

>> No.26079040

>>26078956
>rtainly not impossible given how irrational the current crypto market is but I prefer to temper my expectations and abide by more conservative p
fair enough fren

>> No.26079111

your shitcoin might moon in the next 2-4h

>> No.26079162

>>26079111
you just sold or why?

>> No.26079263
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26079263

>>26079111
>your shitcoin might moon in the next 2-4h

Monero moons on its own schedule.

>> No.26079292
File: 143 KB, 1602x589, 1584544153386.png [View same] [iqdb] [saucenao] [google]
26079292

>>26079162
was just checking the meme lines

>> No.26079388

>>26079292
niceme.me

>> No.26079405

>>26077877
which part is closed source? I thought it was all open

>> No.26079678

>>26079405
>which part is closed source? I thought it was all open

Not an expert but thats what I've read. DYOR.

>> No.26079939

comfy hold

>> No.26080236
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26080236

Feeling comfy with an Unknown Amount

>> No.26080445
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26080445

When go up?

>> No.26080700

can someone explain why monero is still so cheap? from what i understand it's effectively a more secure btc. probably a lot faster transaction time too

>> No.26080887

>>26080700

see here


>>26077402

>> No.26080981

>>26080700
Irrational market and moonboys chasing speculation. Regulation fud also keeps investment from normies away.

>> No.26081016
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26081016

>>26080700
>can someone explain why monero is still so cheap? from what i understand it's effectively a more secure btc. probably a lot faster transaction time too

n00bs are spooked by the delisting FUD and are also apparently clueless about what atomic swaps will actually mean for Monero.

Those that know are comfy.

>> No.26081046
File: 141 KB, 740x640, 1606437331272.jpg [View same] [iqdb] [saucenao] [google]
26081046

>>26080700
Because it is a coin with real utility, not a shitty pump and dump ER-20 token which will never be used in real world. It will only keep appreciating in value from now on, but don't expect moons.

>> No.26081092

When BTC-XMR atomic swap?

>> No.26081188

I love Monero. It's great. I love the tech and the idea of privacy.

That being said... you guys are all fucking retarded as fuck. Monero is not a good investment. Monero is used for illegal purchases only. Normies will never switch over. Normies don't give a fuck about tech or privacy.

Seriously /biz/.... it's getting sad how many people here don't actually understand the markets and the psychology behind them.

>> No.26081343
File: 54 KB, 1137x380, DNM-monero.png [View same] [iqdb] [saucenao] [google]
26081343

>>26081188
>>Monero is not a good investment.

Professional fintech/crypto analysts disagree.

https://research.bloomberg.com/pub/res/d37g1Q1hEhBkiRCu_ruMdMsbc0A


>Monero is used for illegal purchases only.

Yes, we know. And there's a shitload of gold in them hills.


>Normies will never switch over. Normies don't give a fuck about tech or privacy.

See attached screenshot.

>> No.26081448

>>26077094
for the love of god stop making this general

>> No.26081479

>>26081188
I've heard the same 10 years ago with Bitcoin and fell for it. I won't commit the same mistake again. Also, I'd rather stick to fundamentals than jump in the hype train.

>> No.26081490

>>26081343
>Professional fintech/crypto analysts disagree.

Cringe AF. Keep listening to what other normieniggers tell you and see how that works out.

Again... I love monero. It's never going to see wide scale adoption. You think normies even use their own wallet? You are delusional. They "Buy" crypto on robinhood app and don't even actually own it. Level 2 normies just buy on Coinbase and keep it on the exchange. You are truly delusional if you think Monero is going to surpass BTC or Eth or even other shitcoins etc. It's not going to happen man.

>> No.26081509

Please long XMR/ETH 3x and send me 5% of what you gain from this when you triple up.

>> No.26081600

>>26081479
>I've heard the same 10 years ago with Bitcoin and fell for it.
This is in no way comparable man... I don't even know where to start.

Again, I love Monero but it is an absolute SHIT tier investment. But spend your money however you want. Maybe you will 2x-3x your money over 5 years with Monero while everyone else rides Eth and altcoins to 20-100x+. Tired of trying to help all these newfags and social retards on /biz/ from bad investments.

>> No.26081674

>>26081600
>bad investments.
I take that back. It's just not the best investment but it could be worse. You could be a newfag who fell for the XRP meme or any of the other 100 shitcoins that will literally be worth 0 by next year.

>> No.26081733

>>26081490
Yes the elite will attempt to launder money through buying shitcoins on robinhood. There is absolutely no usecase for untraceable digital cash.

>> No.26081785

>>26081188
>Monero is not a good investment. Monero is used for illegal purchases only.
That’s exactly what bitcoin was only 6 years ago

>> No.26081798

>>26081600
Kill yourself moonboy faggot.
Enjoy gambling and pump and dump chasing you weak minded degenerate. You had nothing interesting to discuss other than your unrealistic expectations which will eventually burn you.
But as we all know, you’ll fomo into Monero once we pump.

>> No.26081825

Tbh lads this is the only crypto project I really believe in and like. It won't make me rich but it is nice to have a bunch of it anyway.

>> No.26081831

>>26081490
>>Cringe AF. Keep listening to what other normieniggers tell you and see how that works out.

Is that your professional assessment?

>You are truly delusional if you think Monero is going to surpass BTC or Eth or even other shitcoins etc. It's not going to happen man.

Monero is going to do its own thing. Namely, provide effective transactional privacy for primarily black markets, tax evaders and money launderers, things BTC and ETH aren't qualified to do.

>> No.26081898

>>26081733
>Yes the elite will attempt to launder money through buying shitcoins on robinhood.

The elite already have systems for untraceable cash. The elite are not ordering an ounce of weed or a gram of cocaine off the darknet and using monero. You need wide scale adoption for a market cap to increase to multiply profits. This is never going to happen.

But hey. It's your money, invest it how you want. I hope Monero is successful in the future but there are more profitable things for me to invest in. I hope we all make it Anons.

>> No.26081986

>>26081798
>Enjoy gambling and pump and dump chasing you weak minded degenerate

What the fuck are you even talking about. You don't even know what I invested in. You literally did not even comprehend my post and spew bullshit back. I hope Monero does pump. I like the tech. Going to put my money into better places though. Good luck.

>> No.26082006

>>26081898
there were already shops, you didn't need the internet to buy things. If you get the analogy

>> No.26082047

>>26081831
>onero is going to do its own thing. Namely, provide effective transactional privacy for primarily black markets, tax evaders and money launderers, things BTC and ETH aren't qualified to do.

Yes. And black markets are never going to see wide scale adoptions by normies. You expect people who buy "CRYPTO STOCK" off robinhood to download TOR and set up their own wallet? FFS man think this out.

>> No.26082069

>>26081188
Normies make illegal purchases all the time retard - way to let everyone know you've never been to a party.

>> No.26082128

>>26082069
>Normies make illegal purchases all the time retard
>>26082047
>. You expect people who buy "CRYPTO STOCK" off robinhood to download TOR and set up their own wallet? FFS man think this out.

Ok buddy. Typical /biz/ logic.

>> No.26082144
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26082144

>>26082047
Yes, because technology doesn't evolve and there isn't a strong developer community involved in this project. It is just a matter of making atomic swaps easy to normies.

>> No.26082173

>>26081986
You unironically said monero is a bad investment because it’s “only going to 2x or 3x in 5 years”.
In addition to this grossly underestimating moneros potential, a 2-3x in 5 years is a very strong investment.
This is RETARDED moonboy logic you are spewing. You are all talk and act like you want to be friendly and yet you are misleading anons with moonboy faggotry. You are everything wrong with crypto.

>> No.26082211

>>26081898
People are paying for kilos already. It's not hard to imagine how that will eventually become entire shipping containers. Or people wanting to fund political dissidents. You simply can't do those things with btc or eth. You can however, do those things on xmr even with a $3b market cap. Monero will slowly swallow up entire shadow markets just like btc did. Black hat activity is still transitioning. Sports gambling and the like will follow soon after. It's inevitable that these people will use the best tool for the job. That tool is monero.

>> No.26082274
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26082274

>>26082128
Literally every retarded stoner I know buys their shit OFF TOR using BITCOIN. You are in denial if you think that XMR can't supplant it with it's increased privacy, lower fees and faster transaction time.

>> No.26082308

>>26082173
Ok buddy. You invest your money in the hopes that normies will one day understand crypto and own there own wallets and understand TOR and darknets.

>> No.26082355

>>26082308
It’s so funny how you are acting like you like Monero and then you say FUD nonsense like this.
Yeah, you are clearly a maxipad spreading fud.
How much was Monero in 2016?
Fucking moonboys.

>> No.26082366
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26082366

>>26082047
>And black markets are never going to see wide scale adoptions by normies

Oh, they will once normies realize they don't have to score off dodgy street dealers anymore.

eBay for narcotics? It can only get bigger with time.

thanks for all the bumps btw

>> No.26082390

>>26082308
read
>>26082274
:)

>> No.26082441

>>26082308
>who is going to invest in tech companies in 1990
>normies will never understand it

>> No.26082443

>>26082173
>a 2-3x in 5 years is a very strong investment.
Bro... Eth has almost done a 3x in the last month or two. It has done a 10x in the last year. Bitcoin did 5x in the last year. I don't know what to tell you.

>> No.26082474

>>26077094
in my opinion, I think Monero will be growing because of darknet market purposes and will then switch over to become the dominant p2p currency. Basically following BTCs footsteps with better fundamentals.

>> No.26082537

>>26082308
>you think normies will ever understand how to use a personal computer?

>> No.26082560
File: 1.08 MB, 1600x900, eXogSZtzpJPnQVp-1600x900-noPad.png [View same] [iqdb] [saucenao] [google]
26082560

What about getting Styx to shill XMR? He is basically a libertarian.

>> No.26082589
File: 76 KB, 580x556, download.jpg [View same] [iqdb] [saucenao] [google]
26082589

>>26082537
ikr bro.. this interface looks so confusing.. PCs will NEVER take off!

>> No.26082657

>>26082443
Yeah I get it, you are a moon boy.
You bring nothing of interest to discussion and you are doing your best to fud the general with stupid fud. Hurrrrr line go up your investment bad. Seriously fuck off we don’t care. Most of us hold bitcoin as well.

>> No.26082735

>>26082560
looks like the retarded bastard clone of JD and Gilfoyle

>> No.26082773

How com Monero hasn't gotten on coinbase?

>> No.26082827
File: 95 KB, 866x900, retard.png [View same] [iqdb] [saucenao] [google]
26082827

>>26082657
Ironic. You sit here calling me a moon boy and throw out FUD HURRR while not actually addressing any of my points with logic.

Your not going to see wide scale adoption any time soon. You are not going to see the average person downloading TOR and ordering off darknets.

>> No.26082836

>>26082735
He has 400k subscribers. Many are already familiar with alt tech.

>> No.26082862

>>26082773

https://decrypt.co/36731/heres-why-coinbase-still-hasnt-listed-monero

>> No.26082937

>>26082836
400k retarded satanist teenagers? a worthless audience imo. besides, word of mouth memetic marketing works better anyway

>> No.26083014

>>26082937
Watch those edges kiddo.

>> No.26083061

>>26082827
>Your not going to see wide scale adoption any time soon. You are not going to see the average person downloading TOR and ordering off darknets.

Monero doesn't really need "wide scale" normie adoption to succeed. It just needs to continue being the best avenue of transactional privacy as global crime syndicates move into crypto.

Tax evasion and money laundering will likely be the largest sources of black money influxes over time, as is projected in the Satis Group analysis.

>> No.26083095

>>26082836
That's not really a substantial amount on youtube, not worth another retard parroting for xmr, we need people that aren't schizos so we don't look like a conspiracy and/or a drug coin.

>> No.26083130

>>26077094
Based OP post
I just wanna say I love every one of you XMR chads
stay based my brothers

>> No.26083190

>>26082827
Go to r/darknet.
Then go here: https://bitinfocharts.com/comparison/monero-transactions.html
Then, look up bitcoins history regarding the Silk Road and how bitcoin first gained value.
Normies are flooding to Monero you are just too stupid to realize.

>> No.26083216

>>26083061
>It just needs to continue being the best avenue of transactional privacy as global crime syndicates move into crypto.

Imagine being this much of a newfag. First year in crypto buddy?

You have never actually used TOR and darknets, have you? You know how I know? Because Darknet markets have been accepting BTC/ETH/Monero for over 4 years. I have been using Darknet markets for fucking ever. Dealers ALWAYS accepted Monero.

>>26083061
>as global crime syndicates move into crypto.

Fucking LOL. Global syndicates have been in the darknet markets since the start you fucking NEWFAG.

>> No.26083222

Think the FUDers underestimate just how much the dark net markets are catching on.

>> No.26083276

>>26083216
you don't know how to read

>> No.26083277

>>26083190
>hen, look up bitcoins history regarding the Silk Road and how bitcoin first gained value.
>Normies are flooding to Monero you are just too stupid to realize.

Unlike your fucking newfag ass I actually used Silk Road when it came out. "Normies are flooding to monero"

Monero price in the last month. + 2 percent.

>> No.26083343

>>26083216
>. I have been using Darknet markets for fucking ever. Dealers ALWAYS accepted Monero.
This is simply not true. In fact, even with White House market only trading monero today, the majority of the dark net still trades in Bitcoin.

>> No.26083373
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26083373

>>26082827
No shit they're not 'addressing any of [your] points with logic' because you don't reply to anyone who does.

>> No.26083376

>>26081188
People are try to doxx addresses of people who donated BTC to the capital movement.

I get what you are saying but you are wrong. Absolutely bullish for monero.

>> No.26083384
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26083384

>>26083277

>> No.26083407

>>26083216
>Darknet markets have been accepting BTC/ETH/Monero for over 4 years. I have been using Darknet markets for fucking ever. Dealers ALWAYS accepted Monero.

And soon they'll accept ONLY Monero.

>Global syndicates have been in the darknet markets since the start you fucking NEWFAG.

Not on this scale.

>> No.26083415

>>26083190
Exactly. There are thousands of normies who couldn't tell you why eth is valuable but know monero is anonymous bitcoin.

>> No.26083443

I'm shorting btc to get rich and go all in on monero when it crashes completely

>> No.26083445

>>26081188
have fun staying poor
in all honesty it is a good investment, and I will not sacrifice my beliefs for gains
the system already fucked me over once
normies DO give a fuck, a fucking tweet about whatsapp from Musk made people do a switch to Signal
matrix is better in my opinion, but I think YOU have no idea how mass psychology works
fuck this 1984 future, we're taking our freedom back

>> No.26083467

>>26083415
>Exactly. There are thousands of normies who couldn't tell you why eth is valuable but know monero is anonymous bitcoin.

Just do a search for "Monero" on r/darknet and its glaringly obvious where things are headed.

>> No.26083488

Why is the price so suppressed?
I have a healthy bag, but I’m surprised XMR hasn’t had larger gains since the markets all started adopting monero last year.

>> No.26083586

>>26083488
People who know almost nothing about crypto aside from BTC and XMR use it for darknet shit. They buy and then sell almost immediately after a transaction which has a stabilizing effect on the price. If you paid attention to the price the past few days, you'd notice that XMR dips less than BTC does... but conversely it doesn't pump as hard either.

>> No.26083593

>>26083488
The delisting really shot them in the foot. And the FUD of the big bad alphabet bois coming to snatch you for having privacy coins is starting to get to people.

>> No.26083607

>>26083488
>I have a healthy bag, but I’m surprised XMR hasn’t had larger gains

Oh no it's almost like your not getting enough public adoption by normies to increase the market cap to multiply profits. Don't worry though. That sick 2% increase Monero made this month is sure to skyrocket once Suzie Fuckwits gets off facebook and downloads TOR for transactions on the darkweb. LOL.

>> No.26083617

>>26083216
>>26083277
Maxi pads pretending to be darknet oldfags should rope. Anyone who is in the know sees the writing on the wall.

>> No.26083634

>>26083607
>14 posts by this ID
Thanks for bumping the thread though

>> No.26083681

>>26083586
>They buy and then sell almost immediately after a transaction which has a stabilizing effect on the price

This is actually a really good point I did not include. The majority of people buying/using Monero just fucking use it right away. It's not a store of value like BTC. It's unironically a better currency which in return makes profits a lot worse for investors.

>> No.26083702

>>26077464
just migrate to linux already ffs

>> No.26083737

>>26083702
based

>> No.26083750

>>26083607
I dunno mate, lot of people use or are interested in learning how to use the markets
Not to mention other illegal activities
Certainty has more use than most of the shite shilled here

>> No.26083758
File: 108 KB, 1024x576, Never let evil take root.jpg [View same] [iqdb] [saucenao] [google]
26083758

>>26083617
>Maxi pads pretending to be darknet oldfags should rope

Nigger I have been on 4chan for over 15 years. I was here when there was only 2 fucking boards. Keep coping though brainlet.

I don't have to shill my bags like you faggots. You know why? Because I was here to buy BTC under 1k. I was here to buy ETH for under 100.

>> No.26083762

>>26082827
Joke's on you, darknet market order volume is growing rapidly year after year.
The postman's my favorite plug.

>> No.26083813

>>26083634
>Thanks for bumping the thread though
Sure I don't mind. Monero is a fucking lot better than 98% of any other shitcoin pushed on this board. Newfags could do a lot worse. Still not great from an investment perspective though.

>> No.26083834

>>26083758
>I was here to buy BTC under $1k.

Still seething about being late?

>> No.26083913

>>26083617
He’s the most obvious moonboy larp ever. It’s sad. He doesn’t realize his projection and poor understanding of the market are easy tells to anyone here that has experience.

>> No.26083918

the one thing im wondering is what the chances are that some of its privacy preserving features will get broken in the feature or have already been broken. Also if someone finds or has already found a way to mess with it what are their incentives to release that information to the public given there are probably a handful of institutions who would be very happy to suppress it

>> No.26083922
File: 8 KB, 343x81, bWasAlwaysShit.jpg [View same] [iqdb] [saucenao] [google]
26083922

>>26083758
>I was here when there was only 2 fucking boards
There were more than 2 boards by the end of the first week, but OK friendo ^__^

>> No.26083931

Anecdotal, but the markets were my ramp into crypto
Imagine it’s the same for a lot of people who aren’t autists

>> No.26083932

>>26083095
>we need people that aren't schizos so we don't look like a conspiracy
Yeah we need normies that have no use for privacy.

>> No.26083937

>>26083750
>I dunno mate, lot of people use or are interested in learning how to use the markets
>Not to mention other illegal activities
>Certainty has more use than most of the shite shilled here

"A lot" is certainly an overstatement. And yes it does have a lot more use and is better than most the shit coins. Like I said I actually like Monero. It's still not a great investment if you are looking to maximize returns. If you are just investing because you really believe in the tech then I can get behind that. It certainly is important tech but from an investment perspective it's not going to outperform Eth or BTC in the long run.

>> No.26084004

>>26083758
getting XMR now is like getting in BTC back in 2010 anon

>> No.26084007

how hasn't that subreddit been shutdown by reddit yet? wtf? I bet feds are watching that shit lol.

>> No.26084064

>>26084007
the markets are huge mate, they are after the sellers not buyers
you just get an angry letter if your package is intercepted, unless you are buying dealer amounts

>> No.26084088

>>26084007
let them seethe
FUCKING LET THEM COME AT US!

>> No.26084098
File: 149 KB, 1200x675, Ef2ya0KWoAAp4ZR.jpg [View same] [iqdb] [saucenao] [google]
26084098

Brother Nathaniel is not using Monero yet he still has a coinbase account.

>> No.26084130

>>26084098
he will soon brother

>> No.26084164

>>26084064
>the markets are huge mate, they are after the sellers not buyers
>you just get an angry letter if your package is intercepted, unless you are buying dealer amounts

Pretty much this. It's pretty rare for packages to be intercepted also. I have probably ordered 50 different times over the years and never had a package seized. I have a feeling most packages being seized are probably weed because someone did a shit wrap job and someone can literally smell it from 5feet away.

>> No.26084174

>>26084164
based XMR power user

>> No.26084191

>>26084174
He’s a larp

>> No.26084206

With everything else pumped into the stratosphere I have to wonder why this coin is so damn cheap. What is the real reason? Probably my top short term investment, intend to put at least 10K into this by the end of the year.

>> No.26084256
File: 360 KB, 714x2801, talmud.jpg [View same] [iqdb] [saucenao] [google]
26084256

>>26084191
Keep telling yourself that.

>> No.26084275

>>26084191
ah shit I just looked at his previous comments
sorry lol

>> No.26084353

>>26084206
too similar to btc is my guess. plus delisting. also saw an article from some firm claiming they could trace monero transactions. not sure if it was fake news or not cause tldr lul

>> No.26084359

>>26084088
>LebAnon
based lebanon

>> No.26084459

>>26084206
no monero or litecoin pump... yet

>> No.26084505

>>26077094
Btw shout out to the OP and all the monero anons who make these threads!

>> No.26084523

>>26084359
much love my man

>> No.26084564

>>26084505
best community ever

>> No.26084692

>>26084275
I actually really do love Monero. I just don't think it's an optimal investment. People just don't want to hear that though because they are already invested.

>> No.26085018

>>26084692
I could sell my Monero and convert it to something else in 10 minutes. I won't.

>> No.26085085

>>26084692
yeah you’re one of the few that made sound points regarding the limits of xmr in those threads
a good thing, really, keep generals from turning into pure circlejerks between soon-to-be millionaires
I actually agree with many of your arguments although I’m balls deep in this, I just care more about a steady growth than in any contingent x10, and I’m convinced this will at the very least reach its ath again in the year to come.

>> No.26085142

>>26085085
slow and steady wins the race
>>26084692
as long as you use XMR you're good in my book
>>26085018
based

>> No.26085365

>>26085085
>eep generals from turning into pure circlejerks between soon-to-be millionaires
>I actually agree with many of your arguments although I’m balls deep in this, I just care more about a steady growth than in any contingent x10, and I’m convinced this will at the very least reach its ath again in the year to come

Good points. I do think Monero is going to go up over time and it certainly is not the worst investment.

>> No.26085980

Slow and steady indeed.

>> No.26086011

>>26085365
>not the worst investment
Monero is my s&p500

>> No.26086067

>>26077464
I have a dedicated laptop with a fresh install of OSX and no Apple ID just for crypto.

>> No.26086099
File: 34 KB, 474x509, A97A4E9F-DA9E-4EF9-AF6F-D78EC57C4ED2.jpg [View same] [iqdb] [saucenao] [google]
26086099

>cup and handle on the 4h chart

I can feel it coming, Monerbros

>> No.26086368
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26086368

>>26086067
for what exactly? I guess your take here is that windows = virus but nowadays most of the ransom viruses are developed for macOS cuz they're too dumb + willing to pay anything whereas most of the windows users are not. And don't start me on the case for other operating systems. You think that MacOS have less viruses than linux or BSD? Do you?

>> No.26086756
File: 507 KB, 1070x601, 33481015d04b3974f9ed7acf616592901b13507ebdabf48ee1d6d09d63acc2c4.png [View same] [iqdb] [saucenao] [google]
26086756

I bought at $165

>> No.26086835

>>26086756
It gets better.

>> No.26086867

Surely it's too late to get in on this for us new fags. Totally understand the utility and importance of XRM, but what about Z Coin or any other alts?

>> No.26087217
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26087217

>>26086867
>Surely it's too late to get in on this for us new fags.

XMR is where BTC was in 2013.

>but what about Z Coin or any other alts?

Privacy coins? Nobody is using them in any meaningful way.

>> No.26087248
File: 23 KB, 509x619, 1610841103250.png [View same] [iqdb] [saucenao] [google]
26087248

>mfw I could only put USD$35 into monero
Is it even worth it?
Am I gonna make it?

>> No.26087545
File: 150 KB, 1207x457, 2021-01-16-192801_1207x457_scrot.png [View same] [iqdb] [saucenao] [google]
26087545

.

>> No.26087618

>>26087545
who thought this kind of wording would be a good idea

>> No.26087627

i raised this point for monero, only because people are overlooking the game theory in regulating monero
>>>/pol/303043686

>> No.26087713

>>26077464
>still using windows in 2021
SWITCH TO LINUX FAGGOT
START WITH POPOS OR UBUNTU OR MANJARO

>> No.26087743

>>26081898
Perhaps not the rich and the elite but I can see cartels getting in unironically. Slowly testing the waters, then bit by bit more

>> No.26087782
File: 60 KB, 1000x500, doge.washingonexaminer.biz_-1000x500.jpg [View same] [iqdb] [saucenao] [google]
26087782

>>26087618
Redditors that only like the non racist doge memes

>> No.26087906
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26087906

>>26087627
It will never be banned
>Oh the rebels in Shitukrainestan need more money?
>Oops I just transfered (an unknown amount) of monero from federal money
>Oh we have to pay a cartel leader to take out a rival gang in the mexican border
The glownigger doesn't have to leave his house to do this anymore with fiat

>> No.26087907

>>26082308
Your 88 year old grandmother isn't going to understand Monero. But old people die and are replaced with more tech savvy generations.

Your argument is the same as people saying the internet won't take off because old fucks don't understand it.

>> No.26088206

>>26082144
need more of her

>> No.26088298

>>26087743
>I can see cartels getting in unironically. Slowly testing the waters, then bit by bit more

They already are:

>Cali Drug Cartel Member Arrested for Crypto Money Laundering

"Spain's national police have arrested a suspected Colombian drug trafficker who was allegedly using cryptocurrency to facilitate his operations."

"According to police, he didn’t give up drug trafficking, but instead moved from being a “direct intermediary” to a money launderer, setting up a cryptocurrency trading company as a front."

"According to some estimates, in 1996, the Cali Cartel generated about $7 billion in annual revenue from the US alone. To launder its money, the Cali Cartel had a complex structure of more than 50 businesses."

https://decrypt.co/47740/cali-drug-cartel-member-arrested-crypto-money-laundering

Still early days yet but once they get comfy with using crypto, they'll start pouring billions in. And you can bet your ass it won't be into Bitcoin.

>> No.26088299
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26088299

>>26087713
>>26083702
But anons, I'm already using LMDE on my second pc and self-hosting so many things on that machine and I actually first tried monero mining at that LMDE machine too before this problem came out.
And no, I'm not switching entirely to linux. I often lurk in /g/ and an avid user of such but some of the programs don't really have any alternatives i.e. adobeshit , vidya, autodesk, I've been thinking about VM'ing Windows inside a linux distro but performance wise it is not the same as using bare-metal. I hope you guys understand me.

>> No.26088412

>>26088299
well, you could just get another ssd, and doubleboot, if you want to waste time with vidya.

>> No.26088625

i like kyc but its inconvenient sending cash in mail to get monero
i hope with kucoin, the irs can't fuck me

>> No.26088669
File: 190 KB, 1328x515, 2021-01-16-200236_1328x515_scrot.png [View same] [iqdb] [saucenao] [google]
26088669

>

>> No.26088693

>>26088625
You like kyc?
You don't need to use cash by mail, other good ways to get it anonymously

>> No.26088795

>>26088693
sorry, mean i dont like kyc,
what other ways?

>> No.26088825

>>26077464
You should make a folder somewhere for all the"viruses" you want to keep and make an exception for it so Microsoft doesn't virus scan it. Windows just automatically deletes half the stuff I download without that.

>> No.26088876

>>26088795
Check out xchange.me, they have onions, and good support team.

>> No.26089028

>>26078956
Irrational is XMR below $5k.

>>26078449
Speculators should lead the way. They just need to grow some balls and also brains.

>> No.26089173

Inflation will drive everything up even crypto.

>> No.26089257
File: 272 KB, 788x669, 252.png [View same] [iqdb] [saucenao] [google]
26089257

>>26088298
Based

>> No.26089315
File: 1.89 MB, 4000x2640, 1535991434378.jpg [View same] [iqdb] [saucenao] [google]
26089315

>>26083607
>public adoption by normies
Imagine thinking that normalfags are the ones mainly driving this market. Crypto is absolutely not being influenced in any substantial way by retail normalfag "investors" spending their allowance on Coinbase. It never has been and probably won't be in the future.

>> No.26089420
File: 140 KB, 640x444, 756829A6-6123-4024-B2B4-C41D14419223.png [View same] [iqdb] [saucenao] [google]
26089420

I wish I was rich enough to give out some anon coins to my anon frens

>> No.26089424 [DELETED] 

>BTC under 1k. ETH for under 100
Lol maybe you'll warm up to XMR once you see a few normies frothing for it at $5k. Sure you'll make some money from there but I'll have already made the big contrarian bucks.

>> No.26089807

I just bought 1 Monero XMR share.
Do you guys think i can make it if I reinvest my profits for 6 months?

it's my first time doing the crypto investment.

>> No.26089947

>>26089807
It's the same thing I'm planning to do, the projections show it will remain stable for a couple of years and then explode, try to accumulate as much as possible before Q4 2021, when the atomic swaps launch, because it may only grow stronger.

If you sit on 50-100 XMR you will be rich in 5 years

>> No.26090042

>>26089947
Why will atomic swap make any difference?

Because everyone will be able to dump into xmr quickly?

I understand it's what crypto money should be.

I can just keep putting in $1k every month.

I want to be able to buy a house or have enough to flee the US

>> No.26090119

>>26081798
>>26082173
>>26082657
>Moonboy
Can you please stop posting this retarded shit? XMR is a risky speculation which in 20 years will likely be 1000x+ or close to 0. That's not moon boy shit it's just reality and goes for all cryptocurrencies.

And adoption growth may be a slow and steady uptrend but the price won't move like that. It will spike like crazy to make up for all the growth and then it will crash to make up for spiking too hard.

The real answer to this guy is that eventually fundamentals will rule and you will miss the XMR spike if you're still holding coins that will eventually go to zero (basically every other coin).

>> No.26090280
File: 412 KB, 800x401, 1610806852620.png [View same] [iqdb] [saucenao] [google]
26090280

>>26090042
>Why will atomic swap make any difference?
Because you will be able to transfer BTC to XMR without a commission from sites like (((binance))) or (((coinbase)))
>I can just keep putting in $1k every month.
if you do so, you will definitely make it, I am a poorfag, but I plan on putting $35 to $40 every month
>I want to be able to buy a house or have enough to flee the US
If it goes like the predictions say, but you should take this with a grain of salt, you should have enough to buy a house wherever you want

The real money will start kicking as soon as more drugdealers and pedos adopt the coin

>> No.26090425

>>26083758
>BTC under 1k. ETH for under 100
Lol maybe you'll warm up to XMR once you see a few normies frothing for it at $5k. Sure you'll make some money from there but I'll have already made the big contrarian bucks.

>> No.26090477

>>26090280
So does the atomic swap pump infer that people will begin to dump btc and switch to xmr permanently?

>> No.26090559

>>26090477
>So does the atomic swap pump infer that people will begin to dump btc and switch to xmr permanently?
We don't know, probably not, but it will be cheaper to buy/sell XMR, which will make it go up in price

>> No.26090591

>>26078233
100 XMR=13K USD rn

If you can afford that you already made it, congrats

>> No.26090640
File: 6 KB, 241x209, wNlIkDwp5yIsQAAAABJRU5ErkJggg==.png [View same] [iqdb] [saucenao] [google]
26090640

>>26090591
>13K USD = 2million

>> No.26090664

>>26090119
That not what I was saying.
The anon I was responding to called monero an absolute “SHIT” tier investment, which is outrageous if you look at either the historical price charts, or the strong fundamentals that hint that this is an accumulation phase. He’s being a moon boy because he expects massive, immediate returns and he’s only pulling up one month charts. Crypto trading is nonsense gambling and these generals are dope because anons understand this is a long and that gaming the crypto market is pointless.

>> No.26090727
File: 184 KB, 1601x1600, Atomic_Swaps.png [View same] [iqdb] [saucenao] [google]
26090727

>>26090042
>Why will atomic swap make any difference?

Two primary reasons:

1. Atomic swaps = immunity from regulatory takedown. Once exchanges stop being necessary for acquisition and trade, the sword currently hanging over Monero's neck disappears. At that point delisting would be little more than a nuisance and would actually drive up the price due to the perception of scarcity.

2. Atomic swaps with Monero = the gold standard of crypto mixing. This means that those wanting to clean their coins with the highest degree of stealth will have to acquire equivalent amounts of XMR, usually with a premium having to be paid since XMR is fungible while others aren't. Constant asymmetrical demand = higher price over time.

>> No.26090869

>>26077464
>holding crypto on a windows computer
absolute mouthbreather

>> No.26090878

>>26090664
>He’s being a moon boy
My main objection is the term "moon boy". It's really gay. Like are you implying aiming for 100x is bad?

>> No.26090944
File: 46 KB, 549x427, fungibility.png [View same] [iqdb] [saucenao] [google]
26090944

>>26090869
>absolute mouthbreather

Learn to use paper wallets, boyos.

>> No.26090961

>>26090727
Okay, so hypothetically people would use xmr to wash their other coins.

There would be no reason not to use monero, and it is an established coin and has the brand position to hold off other competitors.

>> No.26091218

>>26090961
>There would be no reason not to use monero,

Over time if the price remained stable or kept rising more coin scrubbers would stay in XMR than swap back out.

Bitcoin is the one that will ultimately come off looking bad, non-fungibility and taint are motherfuckers.

>and it is an established coin and has the brand position to hold off other competitors.

Right. First mover advantage, its why BTC is currently valued at $40K even though its technically inferior to many other coins. Tho in the case of XMR, it really is the best privacy coin around.

>> No.26091703
File: 177 KB, 640x640, 98749283742342564.png [View same] [iqdb] [saucenao] [google]
26091703

>Are Cryptocurrencies 'Super' Tax Havens?

>112 Michigan Law Review First Impressions 38 (2013), 11 Pages Posted: 5 Aug 2013 Last revised: 5 Jul 2015

Abstract

I describe the mechanisms by which cryptocurrencies — a subcategory of virtual currencies — could replace tax havens as the weapon-of-choice for tax-evaders. I argue such outcome is reasonably expected in the foreseeable future due to the contemporary convergence of two processes. The first process is the increasing popularity of cryptocurrencies, of which Bitcoin is the most widely recognized example.

The second process is the transformation of financial intermediaries to agents in the service of tax authorities, as part of the fight against offshore tax evasion. Financial institutions are faced with increased governmental pressure to deliver information about account holders, to withhold taxes from earnings accumulating in financial accounts, and to remit such taxes to taxing authorities around the world.

Significantly, cryptocurrencies possess all the traditional characteristics that tax havens do; Earnings are not subject to taxation, and taxpayers’ anonymity is maintained. The operation of cryptocurrencies, however, is not dependent on the existence of financial intermediaries. Thus, cryptocurrencies have the potential of defeating the recent successes of governments in battling offshore tax evasion.

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2305863

>> No.26091753

>>26077742
Incognito.org

>> No.26091790

>>26077751
I have an undisclosed amount of monero with them and so far so good. Seems like an active community but who knows really.

>> No.26091972
File: 22 KB, 1150x1730, hide2.png [View same] [iqdb] [saucenao] [google]
26091972

>>26077094

>> No.26092048

>>26091646

>> No.26092056

>>26091753
>>26091790

what is this? is it trustworthy?

>> No.26092081
File: 54 KB, 768x574, tannhausergate.jpg [View same] [iqdb] [saucenao] [google]
26092081

>>26077094
Should I buy XSN or XMR bros... i'm a bit of a newfag, i just want to make it, but i'm currently hesitating into those two

>> No.26092088
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26092088

>>26091972
Nice. Saved.

>> No.26092116

>>26092081

Read through this entire thread carefully and the answer should be obvious.

>> No.26092162

>>26092081
if you're new you will have paper hands, therefore i would recommend xsn just because it'll be more "hype"

>> No.26092173
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26092173

>>26092116
Shouldn't I just buy both and make 50/50?

>> No.26092214

>>26092173
>Shouldn't I just buy both and make 50/50?

Nothing wrong with that. But DYOR.

>> No.26092245
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26092245

I wish I was smart enough to really contribute to Monero. I'm a developer, but I'm far from being qualified enough to contribute to this insane and beautiful project that may change history...

For the very smart people out there, mathematicians and hardcore developers, Monero is, in my humble opinion, a project that may allow you to leave your mark forever. Please considere contributing.

>> No.26092252

so is incognito legit, like has any xmr contributor commented on it? I would love for my stack to be doing something.

>> No.26092314
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26092314

>>26077094

>> No.26092330
File: 53 KB, 750x767, 77d73d537aba6bd69a1afb1bfa7ff4f6.jpg [View same] [iqdb] [saucenao] [google]
26092330

>>26092252
>I would love for my stack to be doing something.
What would you like it to be doing anon?

>> No.26092567
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26092567

>>26081188
>Normies don't give a fuck about tech or privacy
I've never met a normie who doesn't have blinds on their windows and doors to their bathrooms.
Heinous waste of double dubs

>> No.26092949

>>26079292
Literally just converted my last BTC into XMR based on this post. Don't let me down TAggot.

>> No.26093112

Where did all the volume go >:(

>> No.26093155

Started mining with minexmr and my 3950x. Seem to be going okay, but I am rather new to this.

It's been going for around 6 minutes now and I have 15000000 accepted shares. Is this alright?

>> No.26093167

>>26093112
It's not just XMR, other coins have disappearing volume too. Even king shitcoins volume is down 20%

>> No.26093288

>>26093155
Yeah, the "shares" are basically a way of measuring how much your hashrate is contributing to the pool finding a block. Minexmr has a great dashboard where you can follow your average hashrate and see what your pending balance is.

>> No.26093373

>>26082560
Unrelated but just kill myself if I ever looked into the mirror like this

>> No.26093421

>>26093167
Do not like

>> No.26093634

>>26077094
I don't have any XMR yet, but I see privacy coins being a very important use case given the talk of central bank digital currencies, etc. Only problem I see though is if this did come to pass (i.e. great reset / everyone uses central bank coins) then there will be no way to do on / offramp as everything will be tracked. Anyone have thoughts on this?

>> No.26093667

>>26093288
Cool. Any idea how I can figure out how much I may be expected to get paid out over time? New to mining.

>> No.26093726

>>26093634
>I don't have any XMR yet, but I see privacy coins being a very important use case given the talk of central bank digital currencies, etc. Only problem I see though is if this did come to pass (i.e. great reset / everyone uses central bank coins) then there will be no way to do on / offramp as everything will be tracked. Anyone have thoughts on this?

Read up on atomic swaps. Monero will use other, more "legit" coins as on/off ramps.

>> No.26093953

>>26093726
also there is wXMR now, and soon there will be renXMR so there are going to be multiple solutions to the KYC/AML problem.

>> No.26093969

>>26093634
>atomic swaps
Also I could see OTC buying/ATMs/“rent hash power” services expanding significantly, like when BTC was used mostly for illegal stuff.

>> No.26094081

>>26093726
>>26093969
Interesting thanks.

I guess my issue is, say the Fed creates a "FedCoin" they are going to see that you are transferring it to crypto exchanges and possibly swapping for Monero.

E.g. you buy some BTC to swap to Monero, they're gonna know that you used FedCoin to buy BTC, then the trail disappears.

>> No.26094144
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26094144

>>26094081
>E.g. you buy some BTC to swap to Monero, they're gonna know that you used FedCoin to buy BTC, then the trail disappears.

There's no way of knowing a cross-chain atomic swap has taken place. All anybody would see is BTC leaving one nondescript address for another.

>> No.26094147

>>26094081
I don't think that should be alarming to them. It's kind of like when you withdraw from the ATM, they know the amount withdrawn but after that the trail is gone.

>> No.26094181

>>26094081
They’re already doing that with USD, tether, BTC, literally everything that’s not Monero.

>> No.26094290

>>26094144
>>26094147
>>26094181
Okay you've convinced me I shall buy some bags.

I do like monero just out of principle (privacy). I mean it's what BTC should have been really - think that was a big oversight by Satoshi.

>> No.26094312

>>26094181
>They’re already doing that with USD, tether, BTC, literally everything that’s not Monero.

Exactly why Monero is so special.

>> No.26094455

>>26094290
>Okay you've convinced me I shall buy some bags.
>
>I do like monero just out of principle (privacy). I mean it's what BTC should have been really - think that was a big oversight by Satoshi.

Welcome aboard.

I believe Satoshi realized the necessity of privacy, he just didn't prioritize it while working on the initial release of BTC.

And now that ship has sailed, no matter what kind of optional privacy they try to bolt on top of that public ledger, it'll never be as reliable as fundamental privacy built from the ground up.

>> No.26094456

>>26092314
What kind of hardware? I have been wanting to mine some XMR

>> No.26094839

>>26092056
You offer liquidity and get a return.

Is it trustworthy is a different question and I believe so but you should do your own research but more and more people seem to believe it is as liquidity pools keep getting bigger.

>> No.26094909

>>26093667
There are a few different websites that you can plug in your hashrate to so you can see your expected payout. My guess is on that 3950X you could expect something like .008 XMR per day.

>> No.26095020

What is the suicide stack? And don’t say “unknown amount” like a smartass faggot, serious replies pls

>> No.26095064

>>26095020
Suicide stack is a meaningless term faggot.

>> No.26095111

What price does Monero need to be at to have your mining investment to pay Itself off in a year or less? Like 4 3950x rigs or Threadripper? What happens if they change the algorithm again?

>> No.26095147

>>26095020
I would say suicide stack is 10 and make it is 100.

>> No.26095153

>>26095020
An unknown amount

>> No.26095168

>>26095111
they wouldn't change it away from CPUs, they only changed it to be ASIC resistant.

>> No.26095188
File: 46 KB, 128x128, monerodance.gif [View same] [iqdb] [saucenao] [google]
26095188

>>26095020
An amount that can't be known.

>> No.26095258
File: 67 KB, 1217x203, jrzx.png [View same] [iqdb] [saucenao] [google]
26095258

>> No.26095281

>>26095111
The payoff time for equipment is tough to calculate since the price is so volatile and power costs vary, but assuming the price remains relatively stable and you pay about 10 cents per kilowatt hour, you're looking at about a year of straight mining to break even. 3900X seems to be the sweet spot for price/performance, but if you're banking on XMR taking off, you won't regret spending more on a better CPU now.
>>26092314
Nice.
>>26094456
Most likely a 3950X.

>> No.26095666

>>26095020
A “suicide stack” is the minimum amount required to not become an hero when a coin moons

For XMR I’d say around 10 or 15, but Buy more over time as you make money.

Make it stack is triple digits and up, all depends on your definition of “making it”

>> No.26095996
File: 105 KB, 1024x683, XMRcoming.jpg [View same] [iqdb] [saucenao] [google]
26095996

>>26095281
>assuming the price remains relatively stable and you pay about 10 cents per kilowatt hour, you're looking at about a year of straight mining to break even. 3900X seems to be the sweet spot
Most of the BTC miners of 2013/14 regretted having bought mining equipment and would have made much more profit if they had bought BTC directly.
XMR hash power will likely go up and reach 3.5-4.5 GH/s by July. Possibly even 6 or 7 GH/s if we go more the exponential direction.

>> No.26096234

>>26095996
It's just a matter of preference I guess. Mining is still a decent option if you want to get a lot of money into crypto off the radar and have time to kill.

>> No.26096330

How the fuck can i connect my ledger S to the monero gui desktop app.

I keep getting an error when i try to connect the wallet.
Is it imperative for my ledger to be update? Im on 1.6 and i believe 1.6.1 is the newest.

Wtf, why so complicated!!!

>> No.26096367

I have a boomer friend that is almost computer illiterate who was very interested in Monero with the way things are headed. What wallet should I have them install? They don't have a phone. The GUI is a headache to install even for an experienced user. I want easy, light, no node just boom installed

>> No.26096410

>>26096330
Yes you need the 1.6.1 the gui wallet is garbage and they really need to improve so much if they ever want further adoption

>> No.26096424

>>26082827
Have you seen the number of transactions / day? It's been growing rapidly. https://bitinfocharts.com/comparison/monero-transactions.html

>> No.26096465

>>26096410
Thanks.
Ill try that. I just didnt want to waste 15 minutes with the 24 words.

Monero needs ledger live support asap.

>> No.26096473

>>26096330
Also make sure you close ledger live before you open gui wallet or the ledger will keep exiting out of the Monero app

>> No.26096487

>>26096367
Probably MyMonero, but honestly just have them use the official one and run a node, it's better and very very easy.

>> No.26096507

Realistically how many Monero shares do i need before Q4 to "make it"
25-40?

>> No.26096513

>>26096410
You don't need to input your seed to update firmware. It's easy and takes a few mins

>> No.26096558

>>26096487
Lol boomer adding anti virus exceptions and downloading the node? I said computer illiterate she is 70 years old

>> No.26096608

>>26096513
Thanks bro. Ill try again tomorrow. Im mentally worn out from all this computer stuff.

Im considering going 85%+ in on Monero this year.

Im moving into a rent-free situation and i will be spending all my rent money on crypto each month.

I want to break free.

>> No.26096612

>>26096507
$1000 by eoy is possible. It will be years before it ever sees $5,000+ but the great thing about investing in Monero it is blue chip safe.

>> No.26096675

>>26096608
I've been there I was so turned off from the wallet experience that I halted my investing. In time I just got used to all the quirks that go with it. Like a lot of times the node just won't start so you have to exit out CTRL alt delete and end the monerod task and start it up again

>> No.26096807

>>26091703
Any thoughts on incognito.org? I put in a large unknown amount of monero and interest is getting paid out quickly.

>> No.26096839

>>26096807
What is the APY?

>> No.26096844
File: 198 KB, 2048x1152, LOKI IS THE GOLDEN OX.png [View same] [iqdb] [saucenao] [google]
26096844

>>26077094
LOKI > XMR

change my mind. you can't.

>> No.26097055

>>26096367
Exodus wallet is awsome.

>> No.26097094

>>26096839
12

>> No.26097103

I am a Monero maximalist in that I think Monero is the #1 most undervalued coin on earth, and that I think Monero is the true heir to the throne of Bitcoin.

HOWEVER, I still hold a number of alts. Why? Because I think these alts will pump faster than Monero and thereby allow me to acquire more XMR. Simple.

Anyone else? What are you holding? Tbh I've got a good stack alongside XMR for good measure. From lowest risk to highest risk (IMO): BTC, ETH, LTC, PNK, BAO.

>> No.26097338

>>26097103
based me too,
the alts I hold are: btc, eth, ada, link, and vet, once they pump good i put them right into XMR [unknown stack quantity]

>> No.26097359

>>26096507
cant say for sure, but ive gone in on 15 for now, with an aim of 30 by dca by the end of the year.

>> No.26097417

>>26077094
What were to happen if lets say, the US, banned you from cashing out crypto that has been held in Monero before. Is that possible? I am just wondering because the main question I have is, whether or not its easier to evade taxation if you just stay in Monero and them eventually go back into Bitcoin.

>> No.26097440

>>26097417
Lets say you work off the clock and someone pays you in Monero, would it be better than being paid in cash? I mean cash has the consumption use case but you know what I mean. Lets say its more than 10grand after a while.

>> No.26097447

>>26089420
WAGMI anon
privacy will make us rich

>> No.26097455

Scarcity determines price not use case. I'll admit XMR has the best use case after bitcoin.

The issue isn't people getting in and out of XMR. The issue is bitcoin has been on the market for 10-11 years now. XMR was made in 2014 so it's only been on the market for 5-6 years depending how you count it. It took btc 3 years to reach 1k. It only XMR 2-3 years to hit around half that at $470 and this was because it was priced in sats as well as fiat. Unfortunately btc and alts are eating XMR's lunch which is why it's not performing as good as bitcoin. XMR inflation is as scarce as bitcoin but it's also true that much more bitcoin has been lost from people being careless with their private keys. I think around 3-4m btc has been lost this way but probably not the case with XMR.

On top of this you know about the general FUD with institutional investors staying away and retail is also afraid because of delisting right after XRP got rekt.

I think XMR can easily revisit 0.02 BTC this year with hype momentum. That is when I am dumping it but I will keep 100XMR because I too believe this is basically a huge winner in a couple of years.

Again, the issue isn't usage. This thing is going to be used more than any other crypto. The issue is scarcity.

>> No.26097535

Forgot to mention that XRP has very low market cap. Less than 3b. Very soon a bunch of coins are going to surpass XRP and be in the 10's of billions. Eventually BTC owners will buy up cheap XMR and I expect the cap to increase to around 30b which would make XMR around $1600.

>> No.26097556

>>26096839
13% on XMR plus 28% compounded on their own token in which we get interest payments.

>> No.26097596

>>26097455
This argument doesnt really make sense. Scarcity alone does not equal value or demand.
The main problem is that Monero is intimidating to people, because of its qualities. People dont trust total privacy and freedom because they instinctively believe that it is not possible to have these without the government stepping on their toes and eventually fucking them over.
People are scared of buying into something that criminals use, because they think that something being used by criminals inevitably renders it a prime target, which is true. So why should people buy it anyway? Is monero the golden calf? Is it protected against government crackdowns? Exchanges will take it down without loosing a sweat over their own integrity.

>> No.26097772

>>26097556
Damn that’s solid. Any concerns? Do you have complete custody of coins?

>> No.26097925

K bros I must be fuckin retarded cause I can't find the answer to this anywhere:
What's binance's fee for buying crypto with fiat? Is it different if I buy with a debit card vs a bank transfer?

>> No.26098023

>>26097440
Sell on localmonero?

Or buy gold from the dark web with monero.

>> No.26098034

new to monero... is there any point to holding monero on a kyc exchange? Isn't that antithetical to it's purpose?

>> No.26098044

>>26097925
I cant tell you for Binance but on Kraken its very low, so I cant imagine it being higher on Binance. I think its equal to less than 5 dollars per buy order.

>> No.26098077

>>26098034
Aside from the fact that you probably shouldnt hold coins on exchanges, its not bad to buy monero via KYC exchanges. Kraken requires Kyc but monero becomes untraceable after 2 transactions. So just move it into two different wallets that arent kyc'd to you, and youre set. Nobody knows how much or what you hold

>> No.26098090

>>26095020
Suicide Stack 18.7
Comfy 50
Make it 100
2031

>> No.26098135

>>26098090
Fellow glowie here thanks for telling me how much monero you own.

REPORTED FUCKER

>> No.26098183

>>26098044
is that for when you use a debit card or a bank transfer?

>> No.26098211
File: 90 KB, 1010x850, raid.jpg [View same] [iqdb] [saucenao] [google]
26098211

>>26098090
>>26098135

>> No.26098253

>>26083445
Completely agree. People like my friends moms switched to signal. That is about as normie as you can get. Give it 2 years and max and the normies will wake the fuck up.

>> No.26098305

>>26097535
>Forgot to mention that XRP has very low market cap. Less than 3b. Very soon a bunch of coins are going to surpass XRP and be in the 10's of billions. Eventually BTC owners will buy up cheap XMR and I expect the cap to increase to around 30b which would make XMR around $1600.
Yeah, XMR market cap is very low, about 3b. I read the Satis memo about future price, I frankly doubt XMR could reach like 40K within 10 years though. As for this year, they said 1500 is on the horizon. Still very skeptikal. I expected more like 200USD, 300 max.

>> No.26098331
File: 19 KB, 320x320, 6hDY5lUO_400x400.jpg [View same] [iqdb] [saucenao] [google]
26098331

>>26098135
seed phrase is tattooed on the walls of your moms vagina

>> No.26099041

Comfy here, feeling like Elon name drop is an inevitably. He mentioned signal and they got 7.5 million new downloads in 4 days- think about what comparable attention would do to a coin like XMR with a 2.8 billion market cap.

>> No.26099048

>>26098305
Assuming btc goes to 100k which is pretty much a given this year, $1500 is only 0.015BTC which XMR has done previous on several occasions.

>> No.26099062

>>26099041
Wouldn't he just shill Doge though?

>> No.26099129
File: 621 KB, 1000x659, 1604782427407.jpg [View same] [iqdb] [saucenao] [google]
26099129

Are there any other liquidity pools besides incognito? I was looking at coinloan but was wondering if there were other options.

>> No.26099209

>>26097596
Even if all the dumb normies you talk about never buy monero it still wouldn't matter. All that matters is that it is scarce and can be used as a store of value. Even if the only buyers are BTC holders with atomic swaps that would still guarantee price rise as long as XMR is scarce. Using it and changing hands doesn't increase scarcity. Holding it does.

>> No.26099272

>>26081188
what about all the rich people who are going to money launder and hide their wealth from taxation by buying monero, won't that make it moon?

>> No.26099617

>kucoin
let me guess, it reports to the IRS

>> No.26099789

>>26083216
Holy shit this boomer cope lmao.

>> No.26099886
File: 484 KB, 1082x695, Monero.png [View same] [iqdb] [saucenao] [google]
26099886

>>26083222
Nice trips. Can you buy legal stuff on the darknet, as well?

>> No.26100032

>>26099886
yea you can homie

>> No.26100432

>>26100032
Can you give an example? It would be nice to plan long term for what exactly I could buy with monero since I don't do drugs.

>> No.26100545

I want to buy Monero, but I use windows, and I don't want to take a stupid risk by putting my money on such an insecure OS
Would it be just as effective if I were to dual boot a linux distro on the same laptop?
And if it's not, is it worth the ~150 to buy a new laptop and put linux on it be worth it? Or am I just overly paranoid about hackers?

>> No.26100560

>>26100432
there are exchanges on the darknet that sell goods just to avoid taxation and tracking. so while maybe them trying to avoid taxation might be illegal (maybe) and them trying to avoid tracking might be illegal (probably not), the actual goods them selves are not illegal and you buying them is not illegal. also there will be clearnet markets eventually which will let you pay them in monero.

>> No.26100590

>>26077094
im sorry this project is not going anywhere until they build a better website..

my god...

>> No.26100994

I Recently cashed out my btc investment from october. Do we buy in now or wait for the inevitable crash

>> No.26101093

>>26077852
Because monero removes all taint

>> No.26101108

>>26100545
You can use Exodus wallet on a smartphone.

>> No.26101225

>>26088299
i understand you broseph, because i was you. paid thousands of euros to learn autodesk max and other proprietary shit at uni.

i just couldn't justify being bill gates' bitch anymore and gave it all up about 7 yesrs ago to only use foss shit. blender has made huge strides since then, especially with version 2,8 onwards. relearning everything from scratch was hard AF. got no issue with games though, i can pretty much play anything i want except eac games. this i don't mind actually, since games that need anticheats generally have shitty playerbases. i'm an oldschool quakefag so i was always picky about games anyway

>> No.26101928

comfy thread is still comfy

>> No.26101959

>>26100590
XMR needs no flashy websites nor hard shilling by pajeets
the tech and the literally beautiful fundamentals speak for themselves

>> No.26102162
File: 2.80 MB, 600x336, djbillybool.gif [View same] [iqdb] [saucenao] [google]
26102162

>>26096844
>LOKI > XMR
Interesting argument, Bharath, care to explain more?

>> No.26102181

>>26102162
based DJ
>>26096844
LoKi
more like low-key scam

>> No.26102387
File: 98 KB, 1080x1080, 1610794913751.jpg [View same] [iqdb] [saucenao] [google]
26102387

>>26100545
You can use a live OS like Tails, just make sure you know what you're doing on it.

>> No.26102716

>never moons
>tanks harder than everything
Lads
I want some whitepilling

>> No.26102834
File: 114 KB, 960x1026, 1610693303157.jpg [View same] [iqdb] [saucenao] [google]
26102834

>>26102716
patience.

>> No.26103041

>>26102716
hodl it and forget about for 5 years. go out and live and enjoy your life and when you come back you will be rich.

>> No.26103079

>>26077094
Monero is a government honeypot, you need to upgrade to 0xMonero to protect your privacy.

>> No.26103219
File: 226 KB, 360x356, 1607787504807.png [View same] [iqdb] [saucenao] [google]
26103219

>>26103079
nope. 0xmonero is still vaporware bullshit
just like the last hundred times you spammed it
stop trying to steal from people by lying to them about the capabilities of the project
https://www.reddit.com/r/CryptoMoonShots/comments/i27fhk/0xmonero_summary_of_findings/
>>/biz/thread/S24750658#p24755504

>> No.26103953
File: 14 KB, 186x271, ole jose.jpg [View same] [iqdb] [saucenao] [google]
26103953

>>26077094
Hola hombres, I`m tired of gambling shitcoins, is XMR a good DCA and forget coin?