[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 120 KB, 450x568, 1611054156916.png [View same] [iqdb] [saucenao] [google]
26398503 No.26398503 [Reply] [Original]

Welcome to the Monero General, dedicated to the discussion of the world's leading decentralized p2p privacy cryptocurrency!

previous thread: >>26378240

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 transactions being visible only by a Monero user willingly providing a view key for a specific transaction.
Monero has also improved upon the scaling downsides of current popular cryptos. To avoid high fees, dynamic block size ensures that the size of the blocks will increase as the amount of txs increases. Further, the mining network algorithm RandomX 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 MoneroChad 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.26398557
File: 361 KB, 967x1280, anonymous.png [View same] [iqdb] [saucenao] [google]
26398557

UNKNOWN AMOUNT
>UNKNOWN AMOUNT
UNKNOWN AMOUNT
>UNKNOWN AMOUNT
UNKNOWN AMOUNT
>UNKNOWN AMOUNT
UNKNOWN AMOUNT
>UNKNOWN AMOUNT

>> No.26398664

>>26398503
Monero is the only cryptocurrency actively being used as a currency, so it's probably not going to go 20x anytime soon.

>> No.26398821
File: 21 KB, 788x699, incog.png [View same] [iqdb] [saucenao] [google]
26398821

>>26398664
and that's a good thing
i can only see monero growing in the long term, when people start actively seeking financial privacy and realize this coin is what they're looking for.
but for now i'm content to hodl and buy into each dip.

>> No.26398833

>>26398664

Better 100x later than 20x sooner.

>> No.26398857

>>26398833
Interesting that Monero was probably created by Satoshi Nakamoto
https://www.prnewswire.com/news-releases/new-research-suggests-bitcoin-founder-satoshi-nakamoto-created-monero-301033060.html

>> No.26398928
File: 272 KB, 788x669, 1611253548388.png [View same] [iqdb] [saucenao] [google]
26398928

>>26398857
makes sense
monero follows more closely to the original vision for btc.
makes sense satoshi would work on another coin that improves on bitcoin's faults.

>> No.26399231
File: 27 KB, 446x320, 58537A14-ED01-42F6-AF81-7869A371ABFA.jpg [View same] [iqdb] [saucenao] [google]
26399231

MFW I just picked up another unknown amount

>> No.26399485
File: 24 KB, 300x300, 1599664586661.jpg [View same] [iqdb] [saucenao] [google]
26399485

>>26399231
good work monerbro
i pick up unknown amounts whenever i get the chance, slowly building up my total unknown balance
isn't it great?

>> No.26399504

lmao.
zats the best you could participate in?
Illiterate mid-wit confirmed.
camy to you and “fuck your girl”
Don’t beg me to kick you off from this /biz/ thread
Wanna make profit - use your fucking brain and go for BASE
That’s all I can tell u

>> No.26399581

>>26399504
imagine being this much of a faggot holy shit

>> No.26399647

>>26398857
Look at the date on the article

>> No.26399655
File: 67 KB, 443x455, 1601335724590.png [View same] [iqdb] [saucenao] [google]
26399655

>>26399504
first shill of the thread, congrats!
leave /biz/, work on grammar, think your finances over, then come back and buy the unknown amount.

>> No.26399679

http://youtube.com/watch?v=-n1GKi27WC0

wow, fluffypony is cute!

>> No.26399809
File: 484 KB, 1082x695, 1590367618604.png [View same] [iqdb] [saucenao] [google]
26399809

>>26398503
XMR is the comfiest hold

>> No.26399947
File: 26 KB, 500x500, 1604531837601.jpg [View same] [iqdb] [saucenao] [google]
26399947

>>26399679
that voice with that avatar caught me so off guard holy shit
i'm assuming that's you, anon?

>> No.26400040

>>26399947
no, it's the lead developer of our beloved pedocoin. idk where the gayass rainbow fursona came from though

>> No.26400067

>>26400040
*former lead developer

>> No.26400218
File: 380 KB, 2082x1226, 1610683856349.jpg [View same] [iqdb] [saucenao] [google]
26400218

>>26400040
when you're this based and have a watch this expensive, you can have any fursona you damn well choose

>> No.26400221

>>26400040
huh, good to know
lot of stuttering, may just be late but it was hard to follow

>> No.26400242

I have multiple boomer friends interested in Monero. It's time something is done about the glitchy GUI wallet. Mining must be removed from the GUI wallet as it messes up the install due to anti virus. Second, monerod.exe is glitchy. Every other day I have to end the task and restart the wallet because the node freezes and won't connect. 3rd sending money drains my entire wallet due to the change system but no where is this really explained. It's time for Monero to grow up and this wallet is a terrible user experience. My boomer friends won't be able to invest. Not even my gen X friend wanted to deal with installing the wallet.

>> No.26400315
File: 1.82 MB, 752x1282, fight for privacy.png [View same] [iqdb] [saucenao] [google]
26400315

>>26400242
have you tried the other desktop wallets?
there are some listed in the general, try mymonero and exodus

>> No.26400366

Monero is based, about to put (unknown amount) of fiat into it. Dont care to see it paired against the usd but the opposite. See you frens never

>> No.26400374

>>26399485
It’s dreamy <3


Economic collapse when? I need to put my feet up in the Monero citadel

>> No.26400417

>>26400315
Thank you I will. My boomer friends have genuine interest. They are former Qtards so the idea of where the world is headed is finally hitting them and they want into a private coin. This coin has so much potential. It's like selling candy to kids. They are all very excited and want to learn more. I think recent political factors are having a huge influence right now.

>> No.26400493

Putting my entire stimulus into XMR. Wife doesn't even know that there was another stimulus

>> No.26400501

Here’s a great summary of market manipulation. Exactly what’s happening to Monero right now: https://financialpost.com/business-insider/the-secret-trading-strategy-from-the-1930s-that-hedge-funders-dont-want-you-to-know-about-2

>> No.26400518

DON’T WASTE AND BE A TARD

>> No.26400579
File: 1.14 MB, 1080x1521, 1611182263059.jpg [View same] [iqdb] [saucenao] [google]
26400579

>>26400374
i have a good feeling about monero this year
i think the growth will start sooner than we realize
but if not, it'll stay a comfy hodl, and that's fine with me.
>>26400417
the current political sphere is the best thing that could happen to monero. the administration has already expressed disdain for crypto, and that means coins will all but grow. especially monero, as people realize how much of a threat it is to the government's control.

>> No.26400741
File: 1.57 MB, 1684x1067, 1610052457160.jpg [View same] [iqdb] [saucenao] [google]
26400741

>>26400579
I have a feeling that the foretold Ragnarok between Government and Crypto comes very soon. Like this year, or 2022. No government can tolerate competition in the monetary realm, the marketcap of crypto is getting too large to ignore. Especially with normies waking up to the fact that "BitCorn" is not a fad and is never going away. XMR is probably the canary that will be banned first, with other coins regulated into the ground not long afterwards. And then shit gets interesting.

>> No.26400831
File: 1010 KB, 1593x2460, 1610657163350.png [View same] [iqdb] [saucenao] [google]
26400831

Comfy!

>> No.26400911
File: 943 KB, 1272x1800, The-Enemy-is-listening-Final-Monero.jpg [View same] [iqdb] [saucenao] [google]
26400911

>>26400501
good read
>>26400741
things are so uncertain right now, and i'm watching with nervous optimism.
i don't think even the government can fully stop monero, they already tried to track it and it's near impossible to stop exchanges. one can only imagine the ride we're getting onto.
buckle in, friends, it's about to be wild.

>> No.26401150

>>26400417
Try feather wallet. Definitely what you are looking for and open source

>> No.26401213

Monero threads are comfy af
>>26400501
Thanks for sharing

>> No.26401240
File: 59 KB, 1080x493, Screenshot_20210123-075201__01.jpg [View same] [iqdb] [saucenao] [google]
26401240

XMR shitcoin status confirmed. Soon out of top 20 into 30 then slowly out of top 100. The market has decided monero is shit.

Already struggling to get above 140 while everything else is seeing fat gains. Prepare for another massive dump.

>> No.26401311
File: 65 KB, 640x648, 1611049050643.jpg [View same] [iqdb] [saucenao] [google]
26401311

>>26401240
you mean i can buy more?

>> No.26401341

monero masters race

>> No.26401396

>>26401311
You can get more :) And lose more money on the way. Having high hopes for the coming year for XMR

>> No.26401416
File: 224 KB, 521x937, 1597340978180.png [View same] [iqdb] [saucenao] [google]
26401416

>>26401311

>> No.26401421

>>26400242
reeeeeeeeeee monero is a scam reeeeeeeeeeee how could i fall for it? reeeeeeee i just want to life forever reeeeeeeeeeee i dont weanna die reeeee

>> No.26401716
File: 101 KB, 1280x719, LOKI comfy.jpg [View same] [iqdb] [saucenao] [google]
26401716

>>26398503
Imagine yourself buying a dead chinese miner ponzi that's rapidly getting delisted from exchanges.

Now stop.

Look a LOKI.

then act.

>> No.26402066
File: 185 KB, 900x856, 1604528425814.jpg [View same] [iqdb] [saucenao] [google]
26402066

>>26401716
>falling for the trickster's coin
you're one to talk about exchanges when you use a coin that's only on three

>> No.26402391
File: 1.17 MB, 2827x4000, 1611338186917.jpg [View same] [iqdb] [saucenao] [google]
26402391

let's talk, monerbros.
how do you think this next month will be for monero?
will we see a return to the rankings, and is that even a good thing?

>> No.26402506

>>26398503
Monero can be tracked and is likely a government honeypot, use 0xMonero. Cue the bot

>> No.26402539

If taxes on unrealised gains will come in the US, monero will be a safe.

>> No.26402683

>>26402506
hi, this is not being done by a bot
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.26402734
File: 21 KB, 411x386, 1599725896846.jpg [View same] [iqdb] [saucenao] [google]
26402734

>>26402506
>>26402683
that's a tad strange

>> No.26402879

>>26400040
SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELLSELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELLSELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELLSELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELLSELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELLSELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELLSELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELLSELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELLSELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELLSELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL

>> No.26403050

>>26400242
mymonero works fine for me, maybe try that

and the good ol paper wallet ofc

>> No.26403161

>>26402391
Who knows. It won't dissapear that's for sure

>> No.26403452
File: 59 KB, 842x594, node.png [View same] [iqdb] [saucenao] [google]
26403452

Syncing my full node

>> No.26403871

>>26398503
Monero is a government honeypot, use 0xMr

>> No.26403968

>>26402391
Will crab around 130, maybe dip below that if BTC shit itself