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/biz/ - Business & Finance


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26246583 No.26246583 [Reply] [Original]

How much to comfy long term?

>> No.26246667

>>26246583
If you're gonna use it then it's good to hold, it will gain few dollars.
If you wanna make actual money, sell and buy something else

>> No.26246764

>>26246583
Unknown amount

>> No.26246808

absolute shitcoin. everything else moons and this crabs.

I'm going to dump it all on the next pop.

>> No.26246834

>>26246583
190 xmr soon

>> No.26246922

market has decided Monero is a shit coin?

Monthly charts compared to other alts is horrendous..

>> No.26246993

>>26246922
It's a solid coin actually. The privacy it provides is unmatchable compared to any other coin and it's being used for a lot of txs. But it will never reach any significant heights. It's meant to be used, not profited from. So yeah, in that sense it is a fucking useless shitcoin that only "muh anonymous fight the goerbment" cringefags invest in.

>> No.26246994

Holding a lot of XMR, have bought over the years slowly. Not going to bother selling my stack, probably just adding very slowly, because if I sell, it will start to moon

>> No.26247040

>>26246583
Zero because btc will out perform

>> No.26247042

I want to start mining monero on my gaming pc, any tips, frens?

>> No.26247264

>>26247042
mining is CPU only, works best with high core count CPUs and low latency ram. tweaking ram timings/ ram overclocking can yield 10-40% more with the same electricity cost. In general mining is only worth it if your electricity is cheap or free.

>> No.26247560

>>26246583
I sold my Monero for 0xMonero, Monero is an overpriced fork of Bytecoin.

>> No.26247987

>>26247042
Don't bother unless you have a botnet

>> No.26248030

>>26247560
What time is it in India Pajeet? Curry again for dinner?

>> No.26248256

>>26247560
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.26248289

>>26248256
You deserve a medal bro

>> No.26248454

>>26248256
you are the true hero of /biz/. Post an address and I will tip you an unknown amount of XMR

>> No.26248582

>>26246922
lol fuck the markets
Monero stands for what people think Bitcoin is
it's being suppressed because whales are accumulating in my opinion, when atomic swaps are finished it will unironically pump to levels that are unprecedented
look at the ACTUAL usage of monero
its literally the only fungible coin that has usage and IS used
this thread has now an unknown amount of comfiness

>> No.26248615

>>26248454
based XMR chad
>>26248256
fellow DG poster
please make a DG jannies still range banned me

>> No.26248729

>>26247987
nope
you are a moron
thanks to random X you can run a single node and mine and help the network :)
>>26247040
seethe more

>> No.26248832

>>26246583
18.7 is suicide stack
>>26246667
You didn’t buy btc in 2014-2015 you damn well don’t deserve monero kike

>> No.26248856

>>26248832
based
an unknown amount would be a good suicide stack as well

>> No.26248893

>>26246583
Monero is king. Once the American ZOG goes after altcoins there will be an influx of nocoiners flooding into XMR.

>> No.26249103

>>26248893
DANGEROUSLY BASED
fuck ZOG

>> No.26249124

>>26249103
>>26248729
same guy
electricity went out

>> No.26249230

50 XMR comfy?

>> No.26249253

>>26249230
Probably, put it in cold storage and just sit on it

>> No.26249290

>>26249230
Comfy af

>> No.26249309

>>26246583
Yea it's almost like a stable coin

>> No.26249329

>>26246583
shitcoin

>> No.26249348
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26249348

Look Ma, I'm anonymous!

You guys are fools and need to understand what "opportunity cost" means.

>> No.26249460

>>26249348
I have approx 10k in XMR in cold storage and around 200k in BTC and ETH, it's just not worth playing around with something so little and move it around, rather just put in new money

>> No.26249470
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26249470

I bought at $165

>> No.26249497

>>26249470
Soon brother.

>> No.26249718

>>26249460
Whatever helps you sleep.

>> No.26250069
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26250069

>>26249348
>You guys are fools and need to understand what "opportunity cost" means.
And you need to understand what Monero means.

>> No.26250125
File: 7 KB, 228x221, bobo-smiling-in-front-of-chart.jpg [View same] [iqdb] [saucenao] [google]
26250125

>147
smart people are filling their bags right now

>> No.26250389

>>26247042
Make a folder that's exempt from Windows virus scanner and run xmrig from there. Just run it in the background whenever you're on the computer.

>> No.26250497

>>26250125
Imagine going long on cope.

>> No.26250592

>>26250069
Monero means money.
https://www.youtube.com/watch?v=8quGD9W7B2I

>> No.26250902
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26250902

>>26246583
Is this enough?

>> No.26251063

>>26250902
You made it bro!

>> No.26251515

>>26250902
You need at least 800 to make it, sorry bro

>> No.26251532

>>26250902
look, it's that eurofag again with his Redmi Note wanting to be raided by kangz gang

>> No.26251593

>>26251532
you do realise that your screenshots contain GPS EXIF data, right?

>> No.26251619

>>26251593
>>26250902
quoting myself like the idiot I am

>> No.26251716

>>26250902
you're the same whale from last time
I have no idea how to feel about you
breaking every single rule
but if not LARP than DANGEROUSLY BASED AS TITS

>> No.26252001

>>26251593
No.

>> No.26252042

>>26246583
Reminder that XMR will allow sanctioned countries like North Korea, Iran or Cuba to trade with foreign companies anonymously without having to use (((dollars)))

>> No.26252060

>>26246993
>It's meant to be used, not profited from.
This is every coin, retard. They're all "meant to be used." Prices are based on demand. If all of a sudden a ton of people start buying XMR, demand goes up and so will prices. If a whale holding your mom amounts of XMR decides to sell, then the price stalls or goes down as supply outstrips demand. This is basic economics you mongoloid.

>> No.26252795
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26252795

>>26252042

>> No.26252855

>>26246583
I sold most of my holdings last night regrettably. I love Monero but it doesn't do enough to make it worth holding. It's utility is great though and I think it could outlast any crypto.

>> No.26253131
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26253131

>>26252795
>mfw Iran buying Uranium with XMR to destroy Israel will make me rich
Not only am I contributing to the genocide of jews, but also profiting from it, two birds, one stone

>> No.26253309

>>26253131
bullish

>> No.26253428

Taking the ongoing market crash in account is it wise to swing my neros?

>> No.26253435

>>26250497
Back to 150. XMR does not moon. But atleast it does not fucking crash either. In case you have not noticed nothing is growing in crypto right now. The total market cap stays the same. Literally just morons moving money around in hopes to catch moons. Then dumping for something else.

>> No.26253501

What are atomic swaps?

>> No.26253551

0. its gonna lose its milkshake to a L2 privacy coin.

>> No.26253588

>>26253131
bullish and based

>> No.26253617

>>26253551
That's not Private or safe moron. XMR is king privacy.

>> No.26253740

DERO already do everything that monero will ever do plus they had smart contracts and an ultra-scalable DAG chain like nano but immune to 51% attack, with 8 million marketcap. You will not make lot of money on monero buy new fresh coins with real tech behind. DERO next x100

>> No.26254743

>>26246583
The real question is how long to hold

>> No.26254858

The only reason I’m not investing in Monero is because I’m suspicious that the government will crack down on it eventually.

As far as use-case goes, this is far more valuable than most coins due to it having anonymous transactions.

>> No.26254983

>>26253131
unbelievably based and redpilled

>> No.26255032

>>26253740
pajeet detected

>> No.26255279

DERO is nice but look at XHV - this is going to be the next 100x or more - because stablecoin included. No need to trade anymore when you can just secure your wealth anonymously during hard times and switch back to volatile asset at any time.
Price is good atm, get in now or never. Thorchain integration coming VERY soon.

>> No.26256049

>>26253501
https://localmonero.co/knowledge/monero-atomic-swaps

>> No.26256210

>>26254743

at least 3 years to make it

>> No.26256248

>>26253131
Fucking based. I'm going to donate Monero to Iran's (non-Rothschild) Central Bank

>> No.26256576
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26256576

>>26246583

>> No.26257302
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26257302

>daily TX keep rising

>darknet adoption keeps increasing

>atomic swaps on the way

>major crime syndicates are moving into crypto

Those of you that can connect dots can see where this is headed.

Atomic swaps will neutralize any regulatory suppression while black money assets and offshore capital are going to be pouring into crypto en masse over the next decade.

Monero is a no-brainer if you have enough of an IQ to see the benefits of delayed gratification.

>> No.26257377

>>26256576
Yes.

>> No.26257413

>>26253617
Remember me fatboy
Im calling this 2-3 years before it happens.

monero is too slow

>> No.26257421
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26257421

>>26251716
>100k
>whale

>> No.26257582
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26257582

>>26257302
>muh atomic swamps

If you keep using that as your cope you'll only manifest a huge sell off once the atomic swamps are implemented.

>> No.26257938
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26257938

>>26253131
Excellent.

>> No.26258292
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26258292

>>26249470
You bought, that's the important part. Now just wait and be comfy with us.

>> No.26258464
File: 406 KB, 854x1404, crypto-money-laundering.png [View same] [iqdb] [saucenao] [google]
26258464

>>26257582
>If you keep using that as your cope you'll only manifest a huge sell off once the atomic swamps are implemented.

lol excellent, more liquidity for the tax evaders and money launderers then. As the darling of the darknet, Monero is clearly going to be THEE primary if not exclusive crypto of the blossoming shadow e-conomy and will see its marketcap grow accordingly. Tingles!

>> No.26259250
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26259250

>> No.26259456
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26259456

Monero lost btc value, because it was a fake tether pump. This is a scammy and manipulated market. And so is /biz/.
But hey dump more on me.

>> No.26259960

I had a dream where I bought $4500 of XMR at a grocery store. Like at a checkout with a gift card? Someone explain this I’m going schizo

>> No.26260390

>>26257421
the amount of XMR he has is astouding
don't compare it to mere fiat

>> No.26260789

>>26246764
this

>> No.26261482
File: 184 KB, 1601x1600, atomic swaps.png [View same] [iqdb] [saucenao] [google]
26261482

>>26253501

>> No.26261675
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26261675

>>26257413
base-layer fungibility and privacy is most important. Would make more sense if a L2 solution is desired to have it on top of Monero, not a transparent base layer.

>> No.26261684

>>26261482
based

>> No.26262293
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26262293

>>26257377

>> No.26262413

>>26262293
based

>> No.26263543

>>26246583
bump

>> No.26263557

>>26252042
Based.

>> No.26264451

>>26248256
thank you anon for keeping the shills in their place

>> No.26264827
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26264827

>>26252042
>Reminder that XMR will allow sanctioned countries like North Korea, Iran or Cuba to trade with foreign companies anonymously without having to use (((dollars)))

That is actually a very apt use case, didn't even consider it. Usually these types of circumventions invariably leave a digital paper trail which can be traced and investigated and then sanctioned. By using crypto as airtight as Monero there is nothing to find and thus there is plausible deniability, which plays a strategic role in global geo-politics.

So, lets recap:

>black markets

>tax evasion

>money laundering

>rouge state banking

>black budget off-the-record transactions

Lawd, the amount of shadow capital that could potentially flow into Monero's marketcap is insane....

>> No.26265170

I live in the US.
What's to stop this new insane government from totally screwing me over.

>> No.26265215

>>26265170
Monero is the least likely to be fucked over especially once it gets atomic swaps. How can they fuck you if they can't track you?

>> No.26265295

>>26265215
Alright, let me explain.
I'm coming from stocks, I'm damn good at it but now I'm stuck in 6 figure hell.
I don't know how to do anything fancy with crypto, even though I've been dedicating a lot of time to learning it.
I have KRAKEN set up to buy XMR.

What happens if my glorious socialist government decides to make buying/selling XMR illegal on Kraken? They already kicked it off of Coinbase.

>> No.26265501
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26265501

>>26265295
>What happens if my glorious socialist government decides to make buying/selling XMR illegal on Kraken? They already kicked it off of Coinbase.

Atomic swaps are coming later this year. You simply swap seamlessly in and out of BTC as necessary, there is nothing the government can do about it short of banning ALL crypto.

>> No.26265805
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26265805

>>26265501
>there is nothing the government can do about it short of banning ALL crypto.
Not only that, but they would have to ban all crypto in all countries, just like they did with pirate bay :^)

Monero is literally the future

I just wish I had more money to accumulate more monero, or for it to dump massively so I can buy enough

>> No.26265848

>>26264827
There is still the underlying problem that monero can't be held as a store of value because it's so unstable. That is gonna shake off a ton of people from holding it as a "wallet" for their black market funds.

>> No.26265931

>>26256049
>>26261482
Pretty cool.

>> No.26266455
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26266455

Thanks to this thread and yesterday's XMR general I have been converted. I want in!

A few questions (this is my first venture into crypto so pls be gentle):

Doesnt buying monero intially require a bank account? Does this mean that if ((they)) see money going into it from my bank that i can still be questioned about it?

Whats your non-KYC of choice when it comes to buying XMR? Is there one considered the best or can I arbitraily choose one from the general list? (>>26182946)

>>26222737
Are there telegram groups like this in other countries, where you meet in person to exchange XMR for cash?

Is it possible to trade stocks for monero, maybe a better question would be, is there a broker that trades both stocks and crypto? Asking for a friend that might want to transfer stock gains into crypto.

I'm interested in mining but if I've understood correctly, for it to breakeven you would need a pretty ridiculous set up and low elec fees.
https://www.cryptocompare.com/mining/calculator/xmr?HashingPower=73&HashingUnit=KH%2Fs&PowerConsumption=2000&CostPerkWh=0.12&MiningPoolFee=1
I have a crappy laptop that I could put to work, how do esitmate its hashrate?

THANK YOU, WAGMI

>> No.26266558
File: 3.16 MB, 640x480, use-monero.gif [View same] [iqdb] [saucenao] [google]
26266558

>>26265848
>There is still the underlying problem that monero can't be held as a store of value because it's so unstable. That is gonna shake off a ton of people from holding it as a "wallet" for their black market funds.

I still remember when they used to say that about Bitcoin.

>> No.26266584

>>26266558
It's still true about bitcoin though.

>> No.26266608

>>26266455
>Doesnt buying monero intially require a bank account?
Just like buying anything on the internet
>Does this mean that if ((they)) see money going into it from my bank that i can still be questioned about it?
You buy bitcoin or usdt or whatever, then buy monero
If you are still concerned you can just re send the monero to another address inside your wallet, that exchange can not be traced

>> No.26266752

>>26266455
>questioned about it?
If you want to use Kraken or a KYC exchange you can buy it through a bank account. This is not illegal, but you would want to keep it in a different subaddress from any privately acquired XMR, and keep a record of your transactions in case you get audited.
>non-KYC of choice
I like bisq!

>> No.26266948
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26266948

>>26266584
>It's still true about bitcoin though.

Once this overhyped irrational market finally calms down and gets back to fundamentals we'll see more realistic coin valuations and thus greater stability.

Bitcoin stands to lose more than Monero in that respect since it has pressing privacy+fungibility issues and is vulnerable to governmental blacklisting.

>> No.26267042

Just bought [an unknown amount] more

>> No.26267556
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26267556

>>26267042

>> No.26267625

I'm a precious metals and stocks guy but I've taken to accumulating an unknown amount of monero. Very comfy.

>> No.26267989

>>26246583
many more

>> No.26268544

>>26267625
welcome based anon