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26104097 No.26104097 [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.26104145

OP's question:
let's say I define make-it-stack as 250k for my country. How much XMR would I need by Q4 2021 to make it?

>> No.26104178

>>26104145
to make in 5 years or less**

>> No.26104424
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26104424

>>26104145
>>26104178
An unknown amount.

>> No.26104438
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26104438

>>26104097
thread got archived before I got an answer, I`m tired of gambling those shitcoins, is XMR a good DCA and forget hold?

>> No.26104542

>>26104438
Yes. XMR has good fundamentals. It's not a flashy project, but it is being used today and will continue to be adopted.

>> No.26104566
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26104566

I bought at $165

>> No.26104664

>>26104566
still cheap imo
>>26104097
based monegro edition

>> No.26104693

>>26104424
that is the answer
>>26104438
indeed, we're reaching comfy levels that are unprecedented

>> No.26104938

>Serious question to XMR users.
What do anons buy with it?

>> No.26104996

>>26104097
is it a safe way if i want to buy drugs on the dn market. buy xrm on kucoin. send them to personal xrm wallet and then to the darknet adress? after that delete the wallet

>> No.26105282
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26105282

>> No.26105631

>>26104996
If you're buying drugs in personal use quantities, you're worrying too much, they don't care about you

>> No.26105681

>>26104996
I don’t know about drugs, but when my dog in Minecraft wants more milk bones he does this
>set up KuCoin while hiding behind 9 proxies (or on old phone you bought off a boomer on Facebook)
>make account using burner cell phone number
>buy BTC, ETH or Stablecoins off the p2p section
>trade for XMR
>send to wallet

Ready to roll

>> No.26105762
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26105762

>>26105631
yeah only really small amounts
>>26105681
nice. but probably overkill for my use but thanks anyway

>> No.26105855

>>26104097

Monero: What Bitcoin should have become.

>> No.26106162

>>26104097
Monegro

>> No.26106459

for everyone concerned about regulations: read this extensive report from a law firm: https://www.perkinscoie.com/en/news-insights/anti-money-laundering-regulation-of-privacy-enabling-cryptocurrencies.html

>> No.26106869
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26106869

>> No.26107279

>>26104097
lol does monero still exist? fucking retard fags love this one

>> No.26107333

>>26107279
I’m sorry you sold the bottom, anon.

Life happens

>> No.26107663
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26107663

>> No.26107988

>>26106459
nice read thanks

>> No.26108054

Switched part of my monero bags to firo. Let's see what happens.

>> No.26108363

fucking piece of shit go up

>> No.26108498

>>26108363
Shhhh I need more

>> No.26108874

>>26106459
>If anything, privacy coins pose lower inherent AML risk than other cryptocurrencies when considering evidence of illicit use in practice. A recent study by the RAND Corporation found that, while most transactions made with cryptocurrencies are legitimate, Bitcoin is “widely documented to be the most dominant cryptocurrency on the dark web.” 219 According to RAND, more than 90% of the cryptocurrency addresses mentioned on dark web markets or forums were Bitcoin addresses. Together, Dash, Monero, and Zcash accounted for just 0.3%.

>> No.26108932

>>26108874
nigga shut the fuck up

>> No.26108978

>>26108054
enjoy 0 tx/day nigga

>> No.26109043

>>26108874
This is because boomer cocaine lords don’t know about Monero yet.

>> No.26109051

>>26108932
>nigga

ok DUDE

>> No.26109141

>>26108363
shhhhhhhhhhhh

>> No.26109247

>>26104438
>The best.

>> No.26109929

>>26104438
Been there, done that. I also kept *one* risky coin, just for fun... But my portfolio is 90% Monero.

>> No.26110028

>>26108874
Outdated data, Monero is well on the way to replacing Bitcoin, just do a search on r/darknet and its glaringly obvious.

>> No.26110103

>>26108874
and since then the largest dark net market has gone 100% Monero and we are swiftly gaining in adoption. In other words, there is so much room to grow.

>> No.26110650
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26110650

75% XMR, 25% LINK


ADOPTED USE CASES ONLY

>> No.26111155
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>> No.26111534

>crypto thread on /b/
>multiple Monero shills

it’s all coming together, fellas.

>> No.26111547

>>26104938
You already know the answer to this.
Drugs, credit card numbers, stolen goods, more drugs, child pornography, gold, more drugs and evade taxes.

>> No.26111996

>>26111547
>gold

I dunno about buying gold on the DNM, lots of counterfeit shit out there.

>> No.26112043

>>26111534
I’m back from the cesspit.

Normies still don’t understand how crypto works. One of these retards said something to the effect of “just wait til someone gets an old goodwill laptop with billions worth of BTC on it”

We’re still early, bros!

>> No.26112612
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>> No.26113173

>>26112043
imagine living in a clownworld where even normie+ aka 4chan users still see btc as something that doesn’t have any intrinsic value
it’s insane to think that you share the same physical space than those absolut retards, I sometimes wonder how can these people maintain basic vital functions like breathing/eating