/biz/ - Business & Finance

Thinking about selling all my linkies to go 100% into XMR

Does anything think there is a possibility of it dropping to something like 50 or 100 based on government fud?
I'd like to get a position, though I'm not sure if I want in at 150.
I'm definitely bullish long term, though unsure whether now it a good time to get in.
I guess this would depend on any XMR holders would sell due to fud.

>>26115353
>Does anything think there is a possibility of it dropping to something like 50 or 100 based on government fud?
We already saw this a couple weeks ago with Bittrex.
>I guess this would depend on any XMR holders would sell due to fud.
no, Monero holders aren't selling because of this lame fud. The weak hands that are looking for an immediate 10x are the ones selling.

>>26115353
Barring some black swan event, I don’t think we’ll be seeing even $100 XMR ever again. If we do it will only be for a few moments before someone buys the entire order book.

Why are you bullish on XMR when all platforms with smart contracts support anonymous txs? (already available on ETH and XTZ)
No to mention, PoW is inherently centralized and weak to attacks from botnet and other groups with a lot of computing power.

The whole reason I looked into XMR is because JFG talked about it. We need more youtubers to plug it.

thinking about selling my moneros for more polkadots

>>26115676
>Why are you bullish on XMR when all platforms with smart contracts support anonymous txs? (already available on ETH and XTZ)
>No to mention, PoW is inherently centralized and weak to attacks from botnet and other groups with a lot of computing power.

If any of that was actually the case Monero wouldn't be overtaking the darknet and blackhat realms right now.

>>26115676
>No to mention, PoW is inherently centralized and weak to attacks from botnet and other groups with a lot of computing power.
Because the network was built from the ground up with privacy in mind.
If the black market, grey market, or money laundering start picking up on XMR, then I don't see it going anywhere but up.

i sold all my monero, its just useless to hold this, i will just buy as needed to buy stuff in minecraft, holding it for investment is just throwing money away

>>26115676
Enjoy your $20 gas fees and slow as fuck network

>>26115676
>Why are you bullish on XMR when all platforms with smart contracts support anonymous txs? (already available on ETH and XTZ)
regarding ethereum erc 20 tokens, you run into issues with blatant pnd scams, non optional privacy, vaporware, ignorant communities, and no adoption. I am highly skeptical of your claim that these platforms support "anonymous txs" as you are required to use a transparent blockchain like Ethereum, and you will stick out like a sore thumb with weak anon sets.
>PoW is inherently centralized and weak to attacks from botnet and other groups with a lot of computing power.
Proof of work is tried and true capitalism. If you want to mine monero, you need to make an investment and pay electricity costs as well as costs to get a good cpu rig. ASIC resistance keeps the barrier of entry low so the average person with a CPU can contribute to the ecosystem.
Botnets do not account for as much of the hashrate as you think it does, and even if it did, this would only mean that it is securing the network.
It is true that Monero could be 51% attacked by a state with supercomputers at their disposal, but you are opening a can of worms if this action is taken because it would 1. legitimize Monero and 2. piss off a lot of nerds with nothing better to do. I'll tell you this much: if a government ever declared war on Monero, these /xmr/ generals would be LIT. Anons around the world would be contributing to keep the network alive.
>>26115715
who is that?

Lots of n00bs seem to think all crypto privacy is essentially the same. There are actually different tiers of reliability and right now Monero is the king, nothing else compares.

>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.

>>26115884
Well this literally means buying xmr more or less directly promotes criminality. You don't want this anon, do you? Most drugs that actually matter are legal anyway (research chems). And if you only care about money, there are so many projects that are guaranteed to go up by greater order of magnitude.

What are the risks of buying XMR from a KYC exchange.
I'm guessing they would know the wallet address that I withdrew the coins to, because I would have to tell them to withdraw?

>>26115936
unfortunately this, good coin to use but not to invest in

that was close i almost sold

>>26116198
>Well this literally means buying xmr more or less directly promotes criminality.
your logic is flawed. Monero being adopted by the darknet proves a use case by a group of people who need privacy. It is a bellweather. It's how Bitcoin first gained it's value. Cryptocurrency is mostly vaporware and scams, but Monero is actually bought to be used.
Long term, this privacy will be needed more and more by individuals who hold a transparent ledger and now are aware of the problems regarding chain analysis. What crypto are these normies going to turn to? They will go to the crypto with the most clout in the industry, and that will be Monero.
>And if you only care about money
We don't.
>>26116245
The kyc exchange would know that you, at a certain point of time, sent a certain amount of Monero to a public address. The public address does not appear on the blockchain. The kyc exchange would have no information as to how much this public address holds, unless you use the exact same public address for every transfer. However, the KYC exchange would have no objective proof that you own the keys to that public address, nor would they know what happens to the Monero after you withdraw it to that public address.

>>26116631
>The kyc exchange would know that you, at a certain point of time, sent a certain amount of Monero to a public address. The public address does not appear on the blockchain. The kyc exchange would have no information as to how much this public address holds, unless you use the exact same public address for every transfer. However, the KYC exchange would have no objective proof that you own the keys to that public address, nor would they know what happens to the Monero after you withdraw it to that public address.
That sounds pretty good to me. Unfortunately I'd have to tell the taxman that I bought X coins at Y price.
Though I guess after that, it wouldn't be possible for them to know or prove those coins have ever moved, or been sold.

>>26116025
>who is that?
JFG has a show on YouTube.

>>26116198
>Well this literally means buying xmr more or less directly promotes criminality. You don't want this anon, do you?

Criminal use of crypto in general and Monero in particular will happen regardless of whether normies are buying it or not. Superior tech gets utilized.


>And if you only care about money, there are so many projects that are guaranteed to go up by greater order of magnitude.

There is no "guaranteed" in crypto, only degrees of probability. And its a pretty reasonable bet that the crypto that best assists black markets, tax evaders and money launderers do their thing also has the best chance of having its marketcap swell up by orders of magnitude over the long-term.

In that sense, Monero is the closest thing that you can get to a sure thing in crypto right now.

>>26117085

50 blacklisted Bitcoin addresses and counting.

>>26115723
Don’t FOMO
Don’t you fucking do it

How much do you people think Monero will be worth in 2026, 5 years from now?

>>26117565
Around 15k

>>26117565
Everything will be worth more dollars because of inflation.

>>26116631
>this privacy will be needed more and more by individuals who hold a transparent ledger and now are aware of the problems regarding chain analysis
Well it's true. In a few years, it will be common for people to be targeted by criminals who hunt high value wallets. It's pretty much already happening with dust attacks (https://academy.binance.com/en/articles/what-is-a-dusting-attack)) and phishing from personal data leaks (ie ledger hack). My point isn't that we don't need an anonymous crypto, it's just that PoW-based consensus protocols have lots of issue that might prevent scaling:
- uneven distribution of block rewards inherently promotes centralization
- vulnerable to selfish mining (https://www.cs.cornell.edu/~ie53/publications/btcProcFC.pdf).). Some pools already have what it takes to overthrow the network
- huge waste of planet resource
The bright side of Monero is its uncapped tps and arbitrary block size. But I'm just saying that it's probably better to invest in avax, xtz, ada with the potential anonymous layers built on top of a more (financially) secure PoS network.
>>26117015
Yes, it's still a good short term investment. Since just like btc, normies don't care about technological flaws as long as they don't have to actually face them.

>>26117565
>How much do you people think Monero will be worth in 2026, 5 years from now?

Timelines are tricky and notoriously fickle. But as long as darknet, blackhat & criminal adoption continues and accelerates XMR could end up hitting the Satis Group projection of $18K.

>>26117476
its okay fren i held

Friendly reminder that Monero is poised to become the reserve cryptocurrency of the global shadow economy and is currently replacing BTC on the darknet while also making inroads into the cyber-crime and money laundering sectors.

>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/

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

>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/

>Why untraceable cryptocurrencies are here to stay
https://www.cbs.dk/en/the-press/news/why-untraceable-cryptocurrencies-are-here-to-stay

Considering that the global shadow economy is valued in the trillions of dollars, even if just a portion of that ends up in Monero's marketcap that is still HUNDREDS of billions of dollars. 5 figure XMR is inevitable.

>>26117753
>My point isn't that we don't need an anonymous crypt
how could you possibly reach that conclusion if you understand that people with transparent ledgers can be targeted by criminals or kyc regulations?
>- uneven distribution of block rewards inherently promotes centralization
this doesn't make any sense. if you mine monero, you can join a pool where you are working with others to maintain monero. If you know game theory, then it means that individuals who want to mine Monero will want Monero to succeed, so they won't spend money to purposely sabatoge the network.
Further, asic resistance ensures that there is no barrier to entry.
>vulnerable to selfish mining
see game theory
>huge waste of planet resource
so? It's better than a proof of stake shitshow which will turn into egos with big bags dictating the course of action.
>But I'm just saying that it's probably better to invest in avax, xtz, ada
yeah, go invest in vaporware. I'll stick with the crypto that is literally being used right now, not some hypothetical that is literal years down the line best case scenario.

>>26117753
>My point isn't that we don't need an anonymous crypto, it's just that PoW-based consensus protocols have lots of issue that might prevent scaling:
fair enough, let's discuss that

>uneven distribution of block rewards inherently promotes centralization
all distribution is inherently uneven. PoW rewards those who put continious effort in securing the network, while PoS rewards the owners with minimal real life cost. This promotes renseeeking and abuse behavior and should not be celebrated

>vulnerable to selfish mining
the monero reward algorithem is build specifically to avoid selfish mining practices. manipulative behavior such as censoring certain transactions is not possible as all details are private

>huge waste of planet resource
big numbers always seem big without an appropriate comparison. BTC is propably the most wastefull crypto due to it's size alone, yet it consumes only 40% of the energy as goal mining and refining does. And even that pales to the amount of energy and resources the global banking system consumes. Surprisingly enough neither ecological impact is ever discussed, almost like someone has to push an agenda... TL;DR: Yes, it's wastefull, but still much more efficient than the current alternatives

Moneros PoW is a feature, not a flaw.

>>26114634
me too.

Stop spoonfeeding trolls. Nobody believes them anyway

M-mommy monero-chan... can u buy me some meth? I've been a good boy i swear...

New meme, hot off the presses

>bullish pennant on the 1d chart

Fuck, I should really go all in.

>>26119350
Based

>>26119350
Doubly based. Keep the memes flowing, boys.

>>26116925
sorry mr taxman i lost all my coins

I will remind them

StakeNet fag here, when will Monero be lightning network compatible?

>>26119350
fuckin based and criminalpilled

Guys, I'm recently introduced to this coin and I withdrawed an unknown amount of XMR from binance with my primary address and I'm in a mining pool with the same address I realized that this is not the way it supposed to be so what should I do to gain more privacy? oh and you say that this is privacy by default?

I'm buying 1 Monero a week. Am I going to make it? I feel like I already lost out on other moon missions and I can't successfully gauge when to buy or choose good products. I didn't see DOT coming and was buying XMR instead. Am I just low IQ?

>>26120778
>StakeNet fag here, when will Monero be lightning network compatible?

"Lightning (and in general payment channels) are not possible with the current monero transaction structure. However there has been research into an extension of the current monero signature algorithm called 'DLSAG' that would enable payment channels. This research showed that payment channels on monero are possible in theory, but come with a complex set of privacy trade-offs. I suspect that in the next couple of years, more research will be done into this direction and fix most of the problems of the current 'DLSAG' construction."

https://www.reddit.com/r/Monero/comments/jg6yxu/lightning_network_equivalent_on_monero/

So no LN for the foreseeable future. But atomic swaps will be dropping at year's end.

>>26120951
>Guys, I'm recently introduced to this coin and I withdrawed an unknown amount of XMR from binance with my primary address and I'm in a mining pool with the same address I realized that this is not the way it supposed to be so what should I do to gain more privacy? oh and you say that this is privacy by default?

Just send to another address if you're worried. All sorted.

Monegros, is it mooning???

>>26120977
>I'm buying 1 Monero a week. Am I going to make it? I feel like I already lost out on other moon missions and I can't successfully gauge when to buy or choose good products. I didn't see DOT coming and was buying XMR instead. Am I just low IQ?

Monero is more a of a long-term but secure moon mission. If you can get to 50 XMR you'll be comfy.

>>26120951
due to the nature of confidential transactions, the only meaningful that could be an issue is if Binance and your mining pool collude to share info about you between each other, which would never happen. But like >>26121163
said, just start using different addresses (or different subaddresses from the same private key)

>>26121057
How realistic is atomic swap this year? Feels too good to be true. I mean it would send XMR on a moon mission like we have never seen. It will also start regulation on crypto in general. For example no exchange will touch Bitcoin that had ever been swapped. It will cause massive blacklisting of anything swapped with Monero.

>>26121472
It would be late this year if this year at all. The team is still on the specification development stage, and Bitcoin will need to start using Taproot (it's been implemented in the latest Bitcoincore software, but there needs to be a signal to start).

If Taproot works, no one should be able to tell that the Bitcoin was ever used in an atomic swap.

>>26121472
>How realistic is atomic swap this year?

We now have 2 separate teams working on atomic swaps: Farcaster on the back-end and COMIT on the front-end. As long as both teams keep up with each other we could have a working app by the end of the year, assuming Taproot has been activated on BTC's end.


>Feels too good to be true. I mean it would send XMR on a moon mission like we have never seen.

Not overnight. But once enough liquidity has built up coupled with greater awareness about Bitcoin taint and government blacklists.........

>>26117291
surprising is only so few blacklisted addresses

>>26121903
>surprising is only so few blacklisted addresses

Those are the the super-toxic addresses where feds are involved, the lesser tainted ones only get blacklisted by exchanges and the like.

i-is it finally our time bros? i just want it to make some kind of move

>>26121292
Not yet. Expect moon 1Q before major news regarding atomic swaps. If swaps go live Q4 2021, then announcement will be made Q3 2021. Smart money will make a move Q2 2021. Normies will be priced out by Q3 2021. Sell at peak in Q4 2021 (when Bitcoin will begin crashing). Wait six months, then buy in again.

Hello frens, does anyone know where i can trade a target giftcard for XMR? No kyc plz

>>26119356
Yeah I’m thinking we’re breaking out

>>26123064
I know there’s machines in some grocery store that will give you a receipt you can redeem for cash, then it’s just a matter of getting that cash onto a prepaid card and P2P buying on like localmonero or some sheisty non KYC exchange like KuCoin

>>26122134
Back to 155 tonight

>>26123064
https://kycnot.me/
You'll probably need to contact some one localmonero and work out a deal since Target giftcards aren't really normally used. You'll be paying a premium, of course.

>>26123601
Kek true. Somebody is prob whitewashing BTC

Last night someone was saying that you can buy regular legal items on the darknet with Monero. I'm not that familiar with darknet markets and I am not trying to break the law or anything like that, but I am genuinely curious is this true? Most markets I've seen have the same selections of drugs, stolen IDs, counterfeit gold, etc.

>>26120778
Never, you're being scammed btw.

>>26123601
Sad but probably true

shill.watch/biz

Found this in >>26121052
At the very least it’s neato

>>26120778
Monero likely won't have a lightning network but an alternative with more privacy

>>26115353
Unlike most crypto, monero is actually experiencing fairly organic growth from actual expansion in usage. As the dnm transitions wholly to monero, it’s only going to continue growing. I think there might be momentary dips just due to volatility, but I doubt we’ll see massive dumps like from other coins. I’d say just DCA your way in.

>>26124708
monero’s not as high as I thought it’d be, still pretty high it seems.

WHAT THE FUCK IS BINANCE'S FEE FOR BUYING CRYPTO DIRECTLY WITH A DEBIT CARD?

>>26125572
Idk, they closed my account and took all
My airdropped EOS shit tokens months ago :/

Just looked at the xmr chart for the first time since 2017 and I like it.

Nice steady growth since march without any wild swings.

I want to go retardedly long on XMR but regulation fud is getting to me

>>26127860
Don't fall for it. Its the reason I stayed out of BTC in the beginning.

>>26127860
>I want to go retardedly long on XMR but regulation fud is getting to me

>>26127860

>>26116198
taxation is rape

>>26127286

I have been going down the rabithole for last few days and came up with a theory that almost no one talks about.

Wall street institutional money is piling into BTC and Saylor is deep throating corn in all his tweets and interviews.

Chinese control about 70% of all BTC hash rate. What if the more value piles in China decides to weaponize BTC and coerce the miners to take action together to reorg blocks or censor certain transactions.

It is my belief this starts a domino affect where BTC crashes very badly as wall street fags desperately call up cuckbase to try and find sellers of there worthless corns now that the network is hijacked by chinese and the monero dex volume goes insane as the price of xmr is being bid up to the point where people desperate to get off the BTC ship are willing to swap 1 BTC for 1 XMR possibly more.

The entire cryptospace goes through a massive apocalyptic correction and ETH and XMR are the two major giants standing and a handful of alts.

BTC is forked into something else but permanent damage is done to the name, Wall Street fags lick their wounds and pile into ETH because of muh smart contracts and XMR becomes the global reserve asset of the entire shadow economy and starts eating away at BTC's multi trillion dollar market cap until the point where IG models are sucking dick for picomoneros (smallest unit of XMR possible).

Anyone owning whole XMRs are the new wealth class and those who own large unknown amounts are living in citadels.

I know this is a massive leap for me to make but considering the alt-right movement in the capitol riots and people moving towards signal and private messaging apps the idea of private digital fungible cash that also is more scarce than BTC im starting to see this as a likely future scenario bros.

Chinese wait quietly until BTC has multi trillion dollar marketcap than crushes the network and anyone with half a brain looks at XMR as the only logical scarce life raft left.

>>26128517
Its entirely possible that China would do that but at what cost and would it be considered an act of war? Just the possibility of it makes XMR more appealing but we also need more diverse mining pools.

>>26128709

Chinese dont care about the cost because they are waging economic warfare against the West and will force the miners to fall in line to what they decide will do most damage to US.

Wallstreet getting blown the fuck out does huge damage to US economy if all those fags buy into BTC is digital gold meme.

Meanwhile Chinese move forward with their crypto yuan which is centralized and XMR becomes the life raft for the world.

>>26128709
>Its entirely possible that China would do that but at what cost and would it be considered an act of war? Just the possibility of it makes XMR more appealing but we also need more diverse mining pools.

I agree with you on the that part i think XMR does the best job at having decentralized mining with randomX whereas in BTC its a joke at this point its pretty much entirely centralized.

>>26114132
Enough XMR or do I buy more?

>>26116198
>Most drugs that actually matter are legal anyway (research chems).
What the fuck ? Are you speaking about

>>26128902

Nicely done sir. You are going to wealthy beyond belief in a few years. Convert 80% of that Link to XMR and just wait for the revolution.

>>26128902
Wow are you trying to become an emperor? Also get that shit off the exchanges.

>>26128517
Dude, this is more than a dream.
>opens up a calculator
>multiply unknown amount of moneroj with up-to-date BTC price
>cries from happiness

>>26128902
that's a beautiful portfolio

>>26128974

Are you saying there is a legit chance this happens?

I was asking a friend how likely this scenario could play out I told him I think its 20-30% he is saying 80% because he believes Chinese are playing the long game and going to crush BTC when it starts really becoming a multi-trillion dollar asset class.

Let Wall Street pour in and fucking annihilate them and the US economy. Makes total sense not sure though.

>>26116198
>buying xmr more or less directly promotes criminality
based

>>26128902
bro
I hope you are not LARPing
if not then fucking based
keep stacking
and for the love of God always say an unknown amount, and keep that shit off exchanges

>>26128801
>BTC is digital gold meme.

- is not fungible

- can be blacklisted by governmental agencies

- balances are on public display

>>26129182

I know its not im saying all the normies are gonna buy into that shit and then wall street gonna dump on them.

>>26128949
>>26128960
>>26129054
>>26129070

Actually not LARPING and yes it's not on an exchange

Pic related

>>26129297
I KNEEL

>>26129297
you had 1122 XMR
what happened mind me asking anon

>>26129367
Some is on the ledger

>>26114132
lewd!

We're all gonna make it

This is the only crypto I believe in

Apparently the Monero subreddit is seeing a steady surge in views and subscriptions.

Unique visits:

>August - 92,067
>September - 97,384
>October - 110,022
>November - 113,626
>December - 135,591
>January (until Jan 16) - 126,156

Seems the normies have finally started to take an interest....its certainly going to be an eventful year.

Is now a silly time to buy monero? Should I wait till everything dies down a little?

>>26130002
It’s always a good time to buy Monero

>>26130002
It's the same price as a month ago

>>26130002
It's a good time. Price fluctuates a lot, so find a good entry. I put a limit order in for $150 yesterday, which was partially filled.

>>26129297
Jesus, how do u keep that much in a single wallet on a phone app?

>>26130433
I would go schizo ngl

>>26130526
Imagine always looking behind your back and worrying about if somehow somebody knows.

>>26129056
5 figures is easily attainable for XMR
It’s all a matter of weathering the test of time, it’s not a done deal, shit can always go left.

Run a node and mine, help strengthen the network.

>>26130666
Okay what the fuck, I’ve rolled Satan trips TWICE today and dubs like 5 times.

>>26130699

>>26130666 #

kek blessed

>>26130733
this u?

>>26130666
>>26130699
>>26130733
haha checked

>>26116198
>Most drugs that actually matter are legal anyway (research chems)
>Why yes I did fry my brain doing random Chinese chemicals instead of sticking to well researched substances like LSD, 2C-B and MDMA, how did you know?

>>26130627
ifkr
I have a small unknown amount and am always worried
based XMR chad >>26129297 this guy

>>26130666
>>26130699
>>26130733
mother of god

>>26130892
That jacket looks fucking COZY

>>26130666
The dark Lord has spoken
My node needs 4.4 days left to sync
we all gotta pitch in my brothers

>>26119113
I’ll do it if you do it

>>26128517
It's not an impossibility.
Monero is what a cryptocurrency should be and it has the advantage of being the best established.

The chinese arent doing what they're doing for no reason.

Hopefully the market crashes soon so i can scoop up a bunch more.

>>26119113
>>26131667
>>26114634
You're all being idiots, please stay diversified. I don't know if it's autism or what but regardless of what people seem to invest in on /biz/ they get this fanatical obsession that it must be the only thing that can accumulate in value because they like it the most. On /pmg/ people shit on crypto, on the rest of the board they shit on boomer rocks. Just because YOU think things are going to go one way doesn't mean they will.

>>26131825
Massive buy signal.

I do have boomer rocks, silver is my favorite c:

>>26131825

>>26127973
ngmi

>>26131825
Based. Diversifying is chad.

>>26131825
why do you care?

>>26132341
Am I not allowed to care about people who have similar interests to me? The mere fact that the people in this thread understand the importance of Monero and own it makes them more relatable than most people in society.

>>26131825
>You're all being idiots
...
well, yeah.

>Just because YOU think things are going to go one way doesn't mean they will.
Ha! There was never any thinking to begin with!
the dollar is gonna collapse this year

>>26132682
The collapse of the dollar can play out many different ways. I am highly confident that the dollar is going to fail soon too, but I am hedged for several different outcomes which should make me profit whether it fails or not, and whether it fails from default or hyperinflation.

where are you KYC bros buying? i'm a US resident

>>26129297
>715 XMR on a phone wallet
Please take your personal safety seriously anon. I'm talking 2/3 multisig hardware wallet with a safety deposit box and the whole 9 yards. I'm sure since you have that much LINK you already know these things, but I just wanted to reiterate for any lurkers.

Completely unrelated, but I stumbled across this article just now. It's probably the most bullish thing for monero I've seen in a while. Unfortunately I lost all my private keys in a tragic boating accident a while back. https://scholarlycommons.law.northwestern.edu/cgi/viewcontent.cgi?article=1319&context=njtip

>>26132832
>wanted to be cool like ecco2k, put my wallet on a usb and use it an an earring
>it got destroyed in a car accident
all my coin gone

>>26132910
spending (unknown amounts of) moneros online, power up in no time
shield gang, (unkown amounts of) moneros on the usb

Just setup my pc to mine some xmr . Supportxmr seemed the easiest pool to setup

Only getting 1002H/s probably ngmi

>>26124192
I am never selling my masternodes fudmaster3000, you can suck on an egg while I continue to market buy more stacks every day. Bitfinex XSN trading starts on Tuesday fudster, your puny lies won't work forever :^)

Hello Monerochads, cant buy xmr with Krucken in US, how to I get coinf from KYC Krucken to anon wallet

>>26133667
AUS*

>They altered the standard 1040 form by putting this question on the front page: At any time during 2020, did you sell, receive, send, exchange or otherwise acquire any financial interest in any virtual currency? The taxpayer must check the box "Yes" or "No."
Bros?

>>26133763
Never mind,l

>>26132816
I buy litecoin on coinbase and send it to kraken to trade for monero.

>>26133667
>>26133709
Bitcoin from Kraken to wallet to non-kyc exchange from >>26114132

>>26114132
I have 15k USD I want to put 10k back into crypto and I’m considering going 100% Monero. Any Monero chads have coins other than Monero they like to invest in?

>>26133667
LTC > cakewalket > XMR

>>26133996
You should probably wait 2-4 weeks or buy in small increments.
We are due a big correction.

>>26114132
Is monero able to be traced with enough government resources thrown at it? Is the cryptography realistically able to be cracked? What makes monero a better choice over other privacy coins like dash? I want to eventually put my stacks into monero but im not sure if itll be the same secure token in 5 or so years from now

>>26133996
BTC, ETH, LINK, and XMR are top coins for a reason. I don't fuck with litecoin or any of the bitcoin forks. I don't know enough about Polkadot to say anything and there are a couple of other high market cap "ETH killers" at the top. Basically everything lower cap than XMR is gambling but if you put in the work, you might find a project that's not total shit. Good luck!

>>26134092
I was holding BTC and ETH since mid 2020, then sold the top bc of the tether situation, so I was going to wait for the price to drop in that amount of time anyway, is this why you think the market will correct? Or do you believe just monero will correct soon?

>>26134226
Thanks anon, good luck to you as well

>>26134194
Dash isn't a privacy coin, first of all. As of now monero can't be traced, and trust me the government is doing everything in its power to make that a reality. It's only going to get more secure over time though because there is so much pressure against it.

>>26134194
>dash
See the pic. They finally told the truth when they were about to be delisted.

>>26134274
Obviously I'm speculating but I'm assuming the whole market will correct.
I personally see monero as the future and I'm treating it like a bitcoin time machine.

>>26134434
With the delisting of monero on many exchanges, how are people supposed to get it anymore?

>>26134484
atomic swaps with btc

>>26134484
Why would i want people to easily buy up all the cheap monero?

But it's not really that complicated. You just buy btc or ltc on your preferred fiat ramp and then trade it for xmr on another exchange. I personally use kraken.

Also ive been looking into atomic swaps and that seem to be a big solution to the delisting problem. Hopefully it plans out like they ant.

Guys, I've just been in alts trading to get money but now I can afford 50 monero, I'm thinking about going all in since Monero will definitely hit six figures per coin before its supply becomes greater than Bitcoins in 2040.

>>26132816
Kraken

>>26133996
I hold XMR and BTC 50/50.
Tbh. I only hold BTC because I assumed plebs would be plebs and not immediately but the good stuff.

>>26132832
>boating accident
GOAT status

>>26134828
>50 monero

50 XMR = $1 million if you consider Monero should eventually reach $20K at the least.

>>26134484
Monero is pretty easy to get anon. Binance and Kraken both have it, and those exchanges are both quite popular. There are also non kyc options that are easy to figure out.
>>26134194
>Is monero able to be traced with enough government resources thrown at it?
There is no such thing as perfectly private. Monero as a tool is effective because of its built in privacy that obfuscates the ledger, however even with that being the case, there will always be ways in which an adversary can get information on somebody; If somebody is that much of a target, then their opsec will need to be airtight because glowies have an immense amount of tools at their disposal. So, if you happen to be somebody who is being targeted -- say, by an oppressive government -- then knowing the ins-and-outs of how Monero works will help that person improve their security, making it today's best and most recommended way to send cryptocurrency privately.
But if you are somebody just concerned with blanket use of chain analysis, such as what is happening right now with transparent ledgers, then the answer to that is no. Monero is highly effective against passive surveillance, in which adversaries compile information about you and build profiles.
>Is the cryptography realistically able to be cracked?
It would require quantum computing.
>What makes monero a better choice over other privacy coins like dash?
Built in privacy instead of optional; Passionate and active community; Growing adoption.
>I want to eventually put my stacks into monero but im not sure if itll be the same secure token in 5 or so years from now
Don't put all your eggs in one basket.

>>26135182
how does 200k total sound

>>26132832
Jesus christ anon. That article is amazing. Have they seriously got nothing better to offer than
>no PLEASEEEE give us your private keys. You HAVE to give us your private keys. Come on just hand them over. PLEASEEEEEEE

>>26135302
>how does 200k total sound

Well, if global crime syndicates and the wealthy elites take enough of a liking to Monero to dump in, say, $1 trillion, sure.

>>26134194
>What makes monero a better choice over other privacy coins like dash?