/biz/ - Business & Finance

I have 0.1

Wagmi

>>27728155
I’ve been stacking for a while now and I’m so very proud of my unknown amount, but however much you have you always feel like you need more.

Fell for the GME "squeeze" that turned out to be a P&D in the end, lost the fiat equivalent of 40% of my xmr stack. Not the end of the world, but dang, this stings. Sorry for ot, just needed to vent.

The 2 XMR I bought @ 104€ made 20% gains in the meantime, I should have put it there instead of chaising after the hype.

On the upside I've discovered how crooked the "normal" financial system is and am more bullish on monero than ever.

wagmi?

when will this suffering end?

>>27727996
>Monero is going to be THE privacy coin despite what faggot TRTL shills say
>BTC, ETH, XMR will be kings while all other shitcoins fail.

I love the concept but I absolutely cannot stand how it's name is Esperanto. Esperanto is the faggiest god damned thing in the world

Also the waifu with multiple hair colors sucks.

>>27729564
just use a bot or write anything in the listening option lmfao do ledditors really?

>>27728155
>>27729394

An unknown amount of us are gonna make it

Sadly crypto performance is utterly decoupled from fundamentals so I can't say when

Some completely anon dev is getting ready to raise money for working on improve to the underlying P2P protocol for XMR and I'm feeling bullish as ever. It's about time we actually worked up the courage to address CryptoNote

>>27729630
>it's name is Esperanto
didn't even know that

>>27729394
That's what you get for gambling, hope you learn from these mistakes.
Remember this: EVERY experienced traders made stupid mistakes and lost money when they were newbs, that's how they learned and gained experience.

>>27729630
Esperanto is the chad language though, if the French didn't veto it a century ago it would be the international language instead of the abomination of a "language" that is English.

WHEN will we make it?

>>27729394
I made 2 XMR off the AMC pump and honestly I don’t know how I fucking did it. Was probably just early to the hype.

>>27729764
Please include me too:
> unknown amount + 1

>>27729928
>That's what you get for gambling
yeah, I know. Overall I'm not too mad at myself, just that I bought more at 310€ when I should have taken my initial out.
Another mistake I made was believing in the squeeze and standing longer than I should because I really wanted to stick it up to wallstreet. Also I should have read this (counterfeitingstock.com/CS2.0/CounterfeitingStock.html) before the hype started, I would have seen through it much clearer.
Lastly, I know now that my gamble amount threshold is at about 10% total and 7.5% loss (relative to net worth)
Again, no huge losses (<10% of my net worth), not gonna investing into $rope or anything, but definitly a pricy lesson.

>>27730298
Unironically congrats, bro.

Also, thanks guys for listening, can't/won't talk irl about this.

>>27730947
You’ll be okay.

I literally owned skycoin at one point, things get better.

>>27730032
>Esperanto is the chad language though
nordamerikano is that you?

will this suffer ever end? omg please

>>27732572
nope

>>27732575
I realize how faggy I sound but this is probably how BTC users felt in like 2014

>>27729630
>but I absolutely cannot stand how it's name is Esperanto
i've always assumed they did this to dab on globalist homos

>I’m retarded so everyone else is too
Margin is for bigdick gorilla niggas not pansy boi like you
That’s why I don’t believe this retards who tried to give me shitcoins

>remember dumpers, I use fucking top poolz finance, I don’t need you shit

>>27733139
how is that dabbing on globalist homos?
if anything, using a globalist language like that is just going to help their cause, not hurt them.
Should have used some cool ancient shit like Assyrian or Latin. And at the very fuckin least used a ticker that vaguely resembles the name.
"XMR"? [X]M(one)R(o)? what the fuck.
I can hate all day but that won't stop me from investing though.

>>27733445
The ticker is XMR because the devs wanted to comply with ISO 4217, which mandates that cryptocurrency tickers begin with an 'X' because they're not tied to any country. It's the same reason Bitcoin is sometimes (but rarely) called XBT. I haven't seen any specific reasoning for why other than that they wanted to remove a potential obstacle to adoption.

>>27733445
>if anything, using a globalist language like that is just going to help their cause, not hurt them.
globalists want centralized control, taking their meme language and making it represent the polar opposite of that is why its dabbing on globalist homos. i don't see how that helps them in any capacity. that's how i see it, anyway. no idea if that was their intent obviously.

brighteon.com is prepping for opening a TOR access point to their site, and their audience doesn't know much about coins. Its a great chance to lead a new crowd over to xmr. Get on their twitter clone brighteon.social. Put up some monero/crypto/tor vids to get those concepts all together as one. Be subtle. They've got a bunch of silver shills and people are tired of it

>>27733720
It's probably along the lines that no one country controls the currency, like no one country controls Esperanto.
Esperanto is just a shitty language. It was invented by a fucking eye doctor. Has absolutely no substance, no linguistic intricacies, and was shilled constantly for being the official second-language of the world because OMG ENGLISH IS SO PROBLEMATIC.
It's brooklyn champagne socialist "lets all hold hands and stop fighting" bullshit. If it were actually adopted mainstream across the world, beautiful languages that have developed organically would be eradicated. Complain about English all you want but at least it gave us Shakespeare and Melville. Name one work in Esperanto that's in the same league.
God damn I hate Esperanto so god damned much.

I'm also a broke linguistics/literature major trying to crawl out of debt with shitcoins so disregard my autism and keep buying

>>27730032
man i'm all up for decentralization and all that good shit, but fuck your gay language. i'd rather speak engrish, it's le ez mode. compared to greek, english is a very easy language to master. esperanto sounds like 3rd worlder yabadabadoo and i already speak one yabadabadoo language

>>27729630
Agree wrt Esperanto, disagree wrt waifu

>>27733714
correct. kinda weird but with a lot of foresight, as usual for monero

i bought this shit coins in feb 2020 and sold in june kek

it's a chink scam bro, let it go

"mUh ETH killers" participate your narratives fuckboi

participate poolz finance, that’s all I can advise you if you are not a tard

>>27735583
Monero’s name is very likely to be Esperanto’s largest contribution to the world to be honest

>>27735736
>largest contribution
*only meaningful contribution

>>27735646
who do you think you're fooling poopreet? go back to your designated shitting coins

>>27734751
>Esperanto is just a shitty language.
intentionally
>Has absolutely no substance, no linguistic intricacies, and was shilled constantly for being the official second-language of the world because
because 1984/brave new world, unironically. if you dumb the language down its easier to control how people think. it could just be because the devs believed it to be a neutral language, but i'm at least suspicious they're woke on the globalist problem and are poking fun at them. the only problem w/ english imo is that it's really awkward to attribute a long list of causes to something, and leads people to think in slightly simplistic ways about things of attributing only one cause to an event. normies end up believing that this one cause is the only cause, where other ppl obviously still understand its more nuanced and can infer as much, but this gets lost in translation to the normies. english being """problematic""" is a great way to keep out outsiders and identify them on the internet. if you dumb the language down you strip away these qualities. to circle back, you hate it because its a prole language, and that's probably on purpose to some degree.

>>27729821
This went under the radar.
I wonder if this anon was the attacker all along. Weird how the attacks suddenly stop and then a proposal is floated.

>>27735736
Aside from that one guy in Blade Runner speaking it, Monero is virtually the only time it's even been remotely in the public eye since the 20's or whenever it was shilled.
And Monero is really only known by coin autists anyway.

>>27736429
attacker was fireice_uk afaik

>>27736531
He never confirmed it was him. the badcaca attack was him but that's where it stopped.
It probably was fireice but still the anon proposal strikes me as odd timing. >>27736531

>>27736429
Are you saying this proposal would’ve prevented/mitigated the attack?

I like the name Monero and also the fact that it comes from Esperanto, it gives some philosophic transcendence to the coin and differentiate it from the rest of shitcoins. Also I like the XMR ticker.

When will this actually start to take off?
Hate to sound like a mood boy but I would have thought we should be seeing some gains with all the darknet adoption the last 6 months.
It’s now practically the only way to buy drugs online and that’s a BIG market.

>>27737227
“XMR” sounds like a fancy high-end rifle system or a very expensive piece of computer equipment

>>27727996
>pic
Anyone got more monerochan?

>>27737533
Once the price suppression stops. We are at the mercy of whales in a manipulated market. So accumulate for now and once we start pumping sit back be comfy.

>>27737652
She says she think you're cute

>>27737881
Thank you, send her my regards!
It's a good meme, mind dropping your stash or linking me to one?

>>27738068

>>27738321
Lovely! Did you make them, or know who drew them?

>>27738321
Found some. No idea what the text says, though.

>>27738832

>>27738832
ナイショにしてね
"keep it a secret" or something along those lines

>>27738939

>78% of crypto holdings are in Monero
>20% of my total net worth is in precious metals

I’m pirate?

>>27739100
nah you are just based. I'm pretty much the same lol
>>27738496
we have anons come in and drop OC from time to time

>>27738832
means like "let's do it secretly, ok?"

btw is there a ZEC/ZCash-chan?

>>27739100
checked. whats ur plan, though? do you live somewhere where monero is useful or can be legally converted to fiat?

>>27736429
Interesting theory. The only other thing I'd add is that this anon dev is apparently willing to work 12 hours each day on it... including weekends. He seems bizarrely committed to working on this.

>>27729821
why? nothing against XMR, but look at ZEC zk-snarks. volume of fully-shielded ZEC transactions is laughably low, and their tech is better than XMR. so what is the point?

Monero nowdays seems more like dark market, money launderers, shady people coin more then investors coin. It has real use case, more then can be said about 99% of the other coins, but as far as price action it seems really boring, but at least stable.

>>27727996
Has anyone used bisq? I want to switch over to a DEX bit from what I've seen including the gas prices a lot of CEX are cheaper. Binance is 0.01 and a lot lower if you have their shitcoin BNB. Have 0.08 taker fees and there's more that I know of but don't remember rn.
Tldr:cheap DEX with all coins, tokanized securities and low fees. And I'll be in bliss. Would be up for paying like a fiver for this info desu.

>>27739701
>and their tech is better than XMR
no it's not. trusted set up negates that.
and this is ignoring all the other things that make zcash fucking terrible.
>>27737183
The attack was mitigated but it took like a month of back and forth updates (monero devs would update something and then the attack would target another weakness). Eventually it stopped and then the proposal happened.
>>27739531
yeah it's kind of weird but this is crypto, so weird things like this are sort of normal.

i always get a really good feeling about xmr, pretty sure i had a dream where i sold my btc and put it all into xmr so don't know if that was a sign and i should just take the risk and trust my instinct.

I have an unknown amount atm so maybe the digits will guide me to see if i should sell more btc for xmr

>>27739788
Remember that bitcoin's first real use case was as a darknet market currency.
Now that the DNMs have started to replace it with XMR, it's only a matter of time before normies get over the "but criminals use it!" hump. They've done it before; that's why I'm bullish on XMR, and bearish on BTC (in the long run).

>>27739788
Normies still believe a transparant ledger with slow blocks, skyhigh tx fees, mined by chinks with asics in china - can function as a store of value
Bubbles can last for long but fundamentals will prevail eventually

bros, i have an imac at work that i dont use. can I mine monero with it?

XMR is OK, but let's be honest, this is defi season

>>27741829
yeah dude you mine a whole .00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000001 XMR per decade with that

wow there sure are a lot of threads on /biz/ made by real anonymous users just like me stating that cryptoshit i've never heard of is the world's leading hot new thing

>>27741829
you need at least a gen 8 cpu to make it even remotely worth it
BUT if you aren't paying for electricity it's good to just set it and forget it. Even if what you mine is laughable it is still free moni

>>27742434
Ask me how I know you did not come to this board any earlier than a couple weeks ago

>>27742564
wow you sure got made irrationally mad by that statement!

>>27742651
Yeah man I'm mad as hell I'm literally seeing red right now

Did you see this? Metal Pay offers XMR, which means you can buy it with cash. They also used a graphic from here, which means their social media intern probably browses this general kek
>https://twitter.com/metalpaysme/status/1357076393956237313?s=20

>>27742651
if you've never heard of XMR before you almost certainly just came here from reddit last week. how are those GME gains doing? stick it to any hedgies lately?

>>27742889
>>27742924
hmm hmm very interesting seethedata for me :^)

>>27742434
>>27742651
I get you are probably some pajeet or maybe just a newfag, but if you are actually not capable of doing research to determine whether or not a coin is useful or even worth buying, then you will never make it.

>>27742904
extremely based

>>27740198
trust your instinct
>>27742206
>>27742463
Might be a retarded question but theoretically could someone find out it was me using the electricity if I was mining say at work or a McDonald’s

>>27742434
>>27742954
Monero has been around for more than half a decade, it’s BEEN the de-facto cool kids and criminals crypto for years. I’m sorry you’re just now learning about it, but it’s the comfiest hold I’ve ever had

>>27744189
Probably not. It would come down to knowing how to stealthily install the miner.

>>27744189
Naw I’ve been mining off my jobs electricity for over a year and nobody’s noticed.

I will say, I got really lucky and was able to install it during a change in the stores ownership, so the new guy didn’t know exactly how much electric bills would be, or how much they can fluctuate.

>>27742904
wtf that's true, I remember an anon created one of these generals saying "I made this render". what if you part of them and is trying to promote it back here anon?

How people can be that retarded?

>>27745968
that's pretty based
>>27744189
problem is miner is detected by many AVs, if you can get around that and leave some threads so the system is functional you can probably get away with it