/biz/ - Business & Finance

based

before anyone says bitcoin is going up and XMR is still crabbing

Everything is still going as planned

Monerotards don't know what "opportunity cost" means and xmr has an inflation bug and can be tracked with breadcrumbs and will be made illegal by the nwo.

Where’d all these waifus come from?

>>27916977
Idk but whatever one's in the OP is ugly shit. Just draw the og monerochan damn

>>27917088
true

>>27915680
who's the artist?

>>27915680
I don't like this art style at all.

>constant linear inflation means inflation will go to zero
???

Monero News:
- Cake wallet downloads in January double compared to installations in December.
- Monero transactions in January was the highest monthly total in Monero's history, hitting 607,000.
- xmr.to has shut down, citing the multitude of alternative coinswap services available as well as the increased difficulty of dealing with restrictions. Rather than sacrificing privacy (e.g. not allowing tor or vpns to use their service) they have shut down.
- Grayscale has applied for a Monero trust. They have not announced any purchases of Monero, nor have they confirmed this in a press release.
- An anonymous contributor has created a CCS proposal to help refine the p2p network. For the unaware, Monero dealt with ~2 months of constant attacks against its network. While the attacks were fought off and ultimately fruitless, it does display that the network could be optimized. This anon appears to be in good faith with the dev team. You can see the CCS here: https://ccs.getmonero.org/proposals/anon-perfect-peer-to-peer-protocol.html
- Monero chan scored a gorgeous goal in the /biz/ 4chan winter cup match yesterday. Shout out to all the anons who voted for her to be included, as this is great exposure to the other 4chan boards who watch these games. You can see the goal here: https://twitter.com/oven770/status/1357794694705651712

>>27917350
It means that rather than continuing to emit X percentage of the supply it only emits 0.3 XMR each block. Meaning that as time goes on that 0.3 changes the supply less and less

>>27917170
She is so cute

>>27916465
base
>>27916896
fuck you and the (((nwo)))
Monero tackles inflation you dolt
>>27917181
an XMR fan made it yesterday I think

>>27917456
>xmr.to has shut down

>>27918484
>>27916896
inflation ≠ inflation bug

Still, the inflation is solved and the risk of an inflation bug is about as large as with any other crypto.

almost finished downloaded the blockchain so i can run my node bros

>>27917456
Thanks for the recap
>>27918484
Hi lebanon, having a good evening?

updated monero daily transaction chart
>>27919337
that's awesome anon. Thanks for contributing to the network!
>>27919450
no problem monero chad!

>>27919705
forgot image...

>>27919783
The transaction amount volatility is weird don't you think?

>>27919846
probably reflects dark markets going down for maintenance and shit like that

>>27919783
Moving average would be interesting to see
>>27919846
Weekends maybe? Not sure

>>27919977
Could be. The big spike down was the update iirc

>>27919846
no. for volatility you must look at the log chart. on a linear y-axis the volatility seems too increase with the volume, but still my only be +-30%.

>>27917456
excellent work

>>27919846
As the network grows we are going to have more variance with the day-to-day transaction totals, but I don't see anything that appears to be blatant manipulation. You should look at Bitcoin cash as an example of what I am talking about when it comes to clearly faked transactions. With the exception of the hard fork in october (some exchanges didn't update immediately, thereby stalling some transactions and causing the anomaly) we have seen what looks like a steady uptrend.
>>27920054
yeah you can play around with it here: https://bitinfocharts.com/comparison/transactions-xmr-sma7.html

>>27920143
Sexy graphs

>>27915680
I am currently mining Monero using a free trial of microsoft azure. I'm not even sure if that is allowed under the TOS

>>27915680
oh god not this waifu again

>>27917181
>>27916977
scolexxx

>>27920888
how many hashes/sec?

>>27921019
>scolexxx
did an anon commission this or did he make it himself? Either way, I like it. As a monero waifu connoisseur I am always down for more OC.

Cozy thread.

I recently passed my goal for XMR holdings and all I did was move the goalposts because I want more

>>27915680
If I wasn't already in Monero, I wouldn't even look at this thread with that fucking ugly OP pic.

Blessed fellow Monero anons (true anons).

>>27921198
Pool reports an average of 1.6 KH/s over 4 hours, with spikes up to 2.6 KH/s. Xmrig reports a maximum of 1.7 KH/s. Pretty poor performance overall, but at least it's free for a month.

>>27921424
Every time I see some ugly half-assed westernized cartoon art of monero-chan being posted it really makes me want to leave this community. To hell with all privacy and tech if all the art looks like fucking shit.

>>27921668
>it's free for a month
And I can run it full tilt for a month straight without any regard for power consumption or a possible fire hazard.

>>27921424
Kek, it's not that bad
>>27921577
Monegros*
>>27921804
Go invest in meme coins

>>27915680
BOOBA

quick question about monero mining: is the whole block awarded to whomever finds it, or are rewards distributed among all miners who participate, paid out by % of work done?

>>27922308
Fill rward for Finder, Pools Will didtribute Profit for steady income

>>27920888
>>27921198
how much money do you make with this?

>>27922625
did you mean:
"Full reward for Finder, Pools Will distribute Profit for steady income"

>>27922819
Yes

>>27923048
okay thx

>>27922638
Not nearly enough to cover the costs of the VM if it wasn't a free trial.

>>27922203
Maybe I overreacted.
I am considering setting up my PC as a node, since I am living somewhere damn cold, the warmth of the PC can help warm up my office. Right now the computer is collecting dust anyway. Will I ever see any mining profit if I set it for mining? I used it for gaming five-six years ago, but I lost interest in video games and haven't used it in two years.

>>27923109
obviously

i'm asking is he making 100 dollars in XMR or .01?

>>27917456
>Monero chan scored a gorgeous goal in the /biz/ 4chan winter cup match yesterday.
based

>>27915680
OH MY GOD IM COOOOOOOOOOOOOOOOOOOOOOOOOOOOOOMING

Psssst anons: we have a /xmr/ biz telegram Channel. We don’t spam the generals with invites, but it’s been a while, so if you would like to join go to the link below!
t (dot) me/joinchat/Vdvqna4_7ueAIur9

>>27925352
post the element groupchat aswell telegram is gay

>>27925352
>>27925515
Sounds super comfy, especially if there is a Matrix chat.

>>27917456
Tell us more about the Grayscale stuff.

>>27925186
>>27922214
>>27921804
>>27921416
>>27921424
>>27920923
>>27917181
>>27917313
>>27917088
Wow this Monero waifu is about as divisive as a waifu can get, KEK
>>27925515
>>27925624
we've used the telegram for a while just because it's the easiest and we have a nice group of anons who contribute.
we might switch to matrix in the future, though the last time it was brought up in the telegram chat most anons didn't really care about making the switch.
the telegram chat is very friendly and there are some really based anons who post (such as LebAnon, for example). usually an article is posted every so often and we talk about it, or if an anon makes a general they post the link so other anons can go and contribute.
>>27925871
In short: Grayscale has trusts for different cryptocurrencies, and recently they filed for several different cryptos, one of which being Monero. See this link: https://www.coindesk.com/digital-asset-manager-grayscale-eyes-defi-space-with-new-trust-filings
Now this doesn't actually mean that Grayscale is going to actually invest in Monero, at least immediately, but it is very much a bullish flag and an indicator that they are, indeed, considering buying Monero. If this does happen, it would be immensely bullish as it would indicate that the regulation concerns did not dissuade the largest digital asset manager from buying Monero.
You can see the actual filing here (search grayscale):
https://icis.corp.delaware.gov/Ecorp/EntitySearch/NameSearch.aspx

>>27915680
I was gonna buy monero but that art disgusts me

>>27917088
but bro she is thicc

look at dat ass

look at the huge milkies

are you gay or what!

>>27926497
Red. telegram: Fair enough. See you in there, thank you for the invite.

please never used this image again

>>27915680
looks like a fucking dyke

>>27917170
>>27917856
based

>>27918470
deviantart tier

thinking about mining monero on my pc with my free energy

>>27917456
thanks for the recap, take this.

>>27928106
who are second from left and second from right?

piece of shit

Based
I don't read XMR threads, I just bump it with the truth, based coin. Nothing to add.

AAAAAAAAaaaaaaaaaaAaaaaaaaaAaaaaaah

>>27928568
水泳部の男子部員は、俺ひとりだけ

When will this suffering stop?

>>27929943
>水泳部の男子部員は、俺ひとりだけ
Tasty

>>27929943
thanks fren

>>27928106
>>27930395
BOOBA & POOPA

>>27929271
66 posts until an anon is negative? bullish.

Monero has a golden future ahead

>>27916465
You got it backwards. The bitcoin gets disguised by the monero, so the bitcoin should be in the horse instead of being the horse.

Let's start making /should've used monero/ posts with sauce like so:

https://www.coindesk.com/hacker-refuses-to-hand-police-password-for-seized-wallet-with-6-5m-in-bitcoin

>>27933123
nope. testnet monero (often called btc) was just to prove that cryptocurrencies are viable and accepted by more people than the nerds who invented and built it. Adoption the testnet is pretty good, and it gave us vital information on which things to improve.

>>27933327
SHUM

>>27933529
>spending 35 billion on a woman who probably didn't even cosplay as monero-chan
ngmi.

>>27933529
>>27933686
KEK!!

>>27915680
Privacy coins are starting to pump

>>27934068
Mcafees legacy KEK

>>27934310
That and his face panties

>>27919450
sorry for the late reply
it's delightful brother, XMR feeling comfier than ever

>>27933529
kek'd

fixed aspect ratio for better thumbnailing

Could we please have some cute and better art of monero-chan not drawn by 5 year olds?

>>27917456
based and thank you for mentioning me

>>27935547
oh you wanted something more professional, why didnt you just say to

>>27921416
Im back, just bought more @3835 sats

I now own more Monero than any other asset.

>>27936226
wgmi, chad

>>27936226
keep on stacking brother
>>27936191
kek

>>27936226
That's nice, same here. Although I had to exchange some BTC into an Unknown Amount when XMR was at 170 USD, that hurts a bit.

Do you think it will go to 140$? Just sold my entire stack hoping to get more XMR.

>>27936753
did you really sell the bottom bro lol. one thing i've learned after getting rekt and locked out of a decent link stack was never sell the suicide stack. sell part of it, but never the amount that you consider to be a suicide stack

>>27936753
Why would it?

>>27937048
Why not? Just looking at the chart. Seems it should go below 150 now.

>>27937297
never go "all in" in a trade, mate. I also think that we are going down, but I wouldn't dare to sell more than 20% of my stack. Slow and steady

>>27937297
Looking at weekly chart I would assume bottom is around 152 - 153.

>>27937469
This. Higher highs and higher lows. Next local top candle will close above $180

>>27918470
Mmm...

>monerowaifu27.jpg
i understand the need to separate monero from the fact it's the CP producer coin of choice but this is just ridiculous

Looking at 1d chart we should go below 140. Just hodling I don't get the adrenalin of loosing it all.

>>27938126
>1d chart
You’re trading wicks anon

>>27937708
based

>>27936319
Haven’t seen you since Reddit showed up!

MoneroCat blesses everyone in this thread!

AARRGGHHHH WHEN WILL THIS PIECE OF SHIT FINALLY DO SOMETHING

>>27938817
In an unknown ammount of time.

1000$ by 2180, easy

>>27938817
Never. You should sell ;)

>>27938817
damn anon i just sold never looking back

monero is all i use when i order weed

>>27938784
I was afk for a bit but thank you for not forgetting me
blessed monerocat

>xmr thread

>>27940530
Based frogposter

>>27917088
Would fuck the one in OP just to make /pol/tards mad.

https://twitter.com/426426D/status/1353384310246567936/photo/1

https://pbs.twimg.com/media/EsgvN67VcAUsCXs?format=jpg&name=small

>>27941427
I tend not to buy suuuuuuper bullish calls like that, but it’s hopium anyways. If Monero 20x’s in 3 years, I’m golden.

30k end of year. We're experiencing a generational dip right now due to the lack of on-ramps. Once we have atomic swaps, every coin from bitcoin to the average shitcoin will be clamoring for XMR. There's nothing like it out there.

>>27941427
BULLISH!

>>27915680
favorite monero-chan so far

>>27942195
I want her to suffocate me with her boobas

>>27938817
when i sell

>>27915680
Monero is so based.

Anyone else see this wownero thread?

>>27941037

Is it legit or bullshit??

of course it's a scam. if you can see how much people hold, it's not private. Buy XMR.

i am pretty demoralized by the XMR performance but i just feel like it's not worth selling or starting to swap for anything because my BTC and ETH are doing so well

>>27944410
Here have some hopium anon

xmr is a great utility while second layers aren't dominant on bitcoin or ethereum, but long term they will be, what's it going to do then? monero can't have a second layer that won't undermine it's sovereignty, so why invest big in a project that lives in this gap in time?

>>27943277
She can suffocate on both sides.
Imagine the smell.

>>27944843
they've been developing a second layer for a few years now, its called Tari

>>27944843
you can't have second layer privacy without baselayer privacy.

>>27916896
FUD condensend into a single statement. A pure gold mine.

>>27944643
300x from here

>>27944979
monero's strength like every alt is entirely in the base layer, which means it's screwed when nodes cant keep up with processing x transactions a second. second layers just devalue the base layer until it gets ported over to a more secure blockchain.

>>27945022
you absolutely can, for the same reason monero doesnt fall apart when people exchange usd/btc/eth in and out of it.

>>27936753
It probably will, XMR is performing pretty bad even if it rising. There is a lot of resistance from bears or whales. Like every fucking 10$ is a resistance level. 150, 160, 170. It is incredibly annoying. Sometimes even 5$ levels offer resistance.

My guess is some big whales are still busy unloading their huge XMR bags. This light take a few more years at least until the fuckers finally sold it all of. Remember XMR had a huge inflation curve at the start millions of monero's minted back then.

>>27945947
Maybe you can but neither BTC or ETH has succeeded in it. Also optional privacy will ways be bad privacy since most people won't bother turning it on.

>>27945947
it would take a while for it to have problems with scaling though anon, it has a dynamic block size. it doesnt really suffer from high fees during high volume.

>>27920251
I have a gut feeling that Monero is getting ready to shoot up like a compressed spring coil.

I can see a very sharp 2-3x coming.

>>27946468
it ceases to be any more optional than just using monero if you stick a second layer on top though. once second layers are the super dominant way of moving money around whats the difference?

>>27946861
its processing thats an issue for monero, scanning for outputs, validating txs, etc.

>>27926497
Michael Saylor has mentioned Monero in one of his online meetings. He's at the very least aware of it's properties and benefits.

>>27945947
>you absolutely can, for the same reason monero doesnt fall apart when people exchange usd/btc/eth in and out of it.
But Monero's biggest weakness is kyc metadata. This is understood and accepted by most of the Monero community.
With transparent ledgers you are adding an entire other area for attack. Privacy is a constant battle and if you are not fortifying one area, then you can build up metadata to track a persons actions.
Further, Monero has the largest community based on privacy, and it has a community dedicated to improving this. These ethereum scam tokens are almost entirely pump and dumps or moonboy communities. It takes years to build up respect to have obfuscated ledgers (because of, say, inflation bugs). Monero's 7 year head start in this scene is massive.
If there comes a time where second layer solutions are available, it is clear that a project like Monero will have better second layer privacy than Bitcoin. One needs to only look at the history and the industry respect in this regard.

>>27947329
tari is not a second layer, it's just merge mined. True second layer solutions are discussed here:QmdbNm6GCRP23tBDbs9JXQst65RWUZH1383zYcmkThAJLo/Scaling%20Monero.%20Sub-Ledgers.signed

The processing of transactions is not that slow (about 1700tps on an old-ish desktop cpu), but by the network speed an blochain storage. Network speed is limited for all other coins as well and storage is much worse for eg etherium.

>>27947329
i'm very well aware of this but that has nothing to do with l2 or tari lol

>>27926497
theres no reg concern if they disallow like-for-like deposits of xmr like they do btc/eth and just buy xmr themselves for their clients.

if they do allow you to sell them your own xmr for gscale shares then thats interesting

>>27946468
>>27947329

the problem of optional privacy is not of people turning it on or not, it's that it still doesn't solve the "tainted coins" issue, doesn't fix fungibility and also it might even make you stand out more instead of your transactions looking like everyone else's, for example like using the web on a VPN, you are standing out as the person on the VPN that probably has something to hide

Are all v3 services down?

>>27947793
Also I forgot to add the last part makes it even worse for fungibility, because those private transactions can just be blacklisted, just like a website can block access to VPN users

>>27915680
Can someone walk me through some potential money saving implications of Monero? I'm not investing but I can certainly see the utility in private transactions.

Also, do any retailers accept it as payment directly?

>>27947637
but monero will never be a global payment system or the only money to be used ever, so again, it's not a problem. you have to exit the system at some point, and there will be less exits using a private layer on bitcoin than using monero, let alone a private second layer on monero.

>scam tokens
the only decent privacy project on ethereum mainnet today is zksnarks via something like tornado. dont know of any others. and they have a headstart but they cornered themsevles by using ring signaturs when the rest of the world has moved onto zkp

>>27947661
interesting. at what point does tari obsolete monero then if its seemingly better in every way? don't know why anybody invested in xmr would wnat to push that.

>>27947793
when your entry and exit is all inside a second layer, your privacy is functionally identical to monero. it's really not difficult to understand. dont get caught up on the fact theres a layer underneith, nobody gets confused about xmr being non-private because you have to buy it and then exchange it for dollars later.

>>27947919
what, just like monero is?

>>27947992
the main benefit of monero is it's relatively fast, transactions are cheap, and it was until xmr.to shut down the best way to actually pay for things with crypto. very little retail adoption amung crypto accepting retailers.

>>27948223
No because Monero is meant for ALL transactions to look equal, when you are on a second layer you are standing out more than everyone else's transactions

>>27948330
I think in the near future traditional fubds will be frozen for a variety of activities for "crimes" we currently believe are banal. So how does Monera protect me in that situation if I can't privately cash it out, or use it to buy good directly?

>>27948223
>when your entry and exit is all inside a second layer, your privacy is functionally identical to monero. it's really not difficult to understand. dont get caught up on the fact theres a layer underneith, nobody gets confused about xmr being non-private because you have to buy it and then exchange it for dollars later.
it is hard to understand, because they don't exist yet smoothbrain.
>and they have a headstart but they cornered themsevles by using ring signaturs when the rest of the world has moved onto zkp
ring signatures are only one part of monero's technology. Monero does use zero knowledge proofs as part of it's confidential transactions sceme.

>>27948449
not when the supermajority of all transactions go over the second layer, thats my point.

>>27948490
thats the main problem i have with it. its clearly becoming a sacrificial lamb for regulators so bitcoin can come through unscathed.

>>27915680
Nice mascot

>>27915680
I really like XMR, the people behind it, the concept and usage.

however, i also want to make money off 'store of value' coins similar to bitcoin (sure not the same high price)

but i am not completely sure if XMR can serve for this purpose, can you frenz shed more light on this?

>>27948534
but thats the only way blockchains are going. the base layer will not be the main transactional layer for small-mid sized transactions.

and yeah, they use zkp for value hiding, but ring signatures make theoretical and practical attacks against utxos easier.

>>27949298
sure, this: >>27944643

Just zoom out the chart, what makes you think it doesn't serve the same purpose? the last few weeks?

monero will be the BEST place to park your coins. It's a HUGE pain in the ass to spent bitcoin and not have people be able to see your stack size through chainanalysis. It's just a matter of time, kids.

>>27949298
i think looking for any store of value coin outside of bitcoin is very misguided. every alt is a tech product not a store of value. if you want privacy today monero is really your only choice, but that says nothing for the future.

Using bitcoin will be like going to the shopping mall in the future. Accepted anywhere, lots of vendors. Convert your XMR to BTC before entry.

>>27949303
>but ring signatures make theoretical and practical attacks against utxos easier.
Lol, they sure as hell don't make it easier. And with Monero, it's not like you can follow transactions on a ledger.
Zero knowledge proofs are cool but for what you are describing they would require a trusted set up. There are tradeoffs involved here.
Monero works as advertised and it works now, and they are provably taking over the privacy market. If second layer solutions are developed, Monero will be at the head of the pack for developing privacy solutions for these second layers. They are the only project that consistently cares about privacy in this space.

>>27949533
>>27949621
based

>>27949912
there are zkps without trusted setups. yeah, they're the only widespread base layer privacy coin today, but when base-layers are abstracted over to a certain extent that advantage melts away, that's all.

>>27949621
That Will never ever happen

>>27950084
>but when base-layers are abstracted over to a certain extent that advantage melts away, that's all.
You overestimate how successful second layer solutions have been so far, and you underestimate the Monero community. If there was a feasible second layer solution Monero would adopt it. Again, there are always tradeoffs and the available information for second layer solutions has not delivered anything close to what you are suggesting.
the difference is that I am arguing for something that actually exists, and you are arguing for a yet-to-be-created hypothetical.

>>27950631

You may not know it's happening under the hood of your wallet, but yes, it will happen. It's just a matter of time. Most tech we use in our daily lives is just combinations and layers of what was once totally disparate tech under the hood.

>>27950686
monero could adopt it, sure, but monero isn't at a position of strength to compete with an equivalent second layer on bitcoin or ethereum, thats the problem.

i'm arguing about the obvious future of blockchains, which will have to be done on layered networks like lightning because blockchains simply do not scale. the details are unknown but the way the tide is turning is not.

>>27918470
source?

>>27950919
>monero could adopt it, sure, but monero isn't at a position of strength to compete with an equivalent second layer on bitcoin or ethereum, thats the problem.
except Monero is already winning on the front of privacy adoption.

>>27952166
yeah, which is clearly niche given its usage and position. its going to be almost impossible to unseat bitcoin for day to day transactions if second layers become the primary method of transacting, and if second layers aren't coming then blockchain is basically only good for SoV

>>27952419
I think you're getting way too caught up in the tech side of the market, although I agree that a Monero flippening is less likely than hell freezing over.

Monero will always be relevant and at least have slow, steady growth because its the first major privacy coin and it's just what everyone uses. Increasing darknet adoption just cements it's position as the only worthwhile coin for avoiding big daddy government.

>>27952419
>which is clearly niche given its usage and position
what do you mean by this? Monero has shown large adoption gains over the past year. We are in an area comparable to Bitcoin in the early 10s, right down to the dumb regulation fud that gets spammed at us.
Monero is the only crypto that I know that has unseated Bitcoin in a market primarily using Bitcoin. You really don't think that Monero's marketshare won't continue to grow? Financial privacy is a massive area of gains potential and the second layer alternatives you are offering don't actually exist..
> if second layers become the primary method of transacting,
and IF second layers become a primary method of transacting, then they will have vulnerabilities that projects like Bitcoin won't care about like Monero will care about.
>and if second layers aren't coming then blockchain is basically only good for SoV
or for making private transfers of value, like with Monero...

>>27938276
nice

>>27915680
Monero General - Huba Boobas edition.

>>27944951
Yeah she thicc I’m all the right places. Lots of fags hating on her.

Updated model guys. Great community by the way.

>>27955037
Add more color please

>>27915680
wp anon

>>27955037
Hope it doesn't dip like it predicts

>>27957425
C H E A P I E S

>>27957494
It already is cheap

>>27957425
I counted 24 friends who are waiting for that dip. Just buy a shitload if that happens.

>>27917088
are you a fucking faggot?

>>27957826
yeah but I believe in the long term success of this project, so cheaper xmr is never a bad thing.

why the fuck did scolexxx draw this?

>>27946213
Resistance isn't real. TA is astrology.

>>27961676
>implying astrology isn't real
>implying they aren't connected
get out

>>27955037
Awesome. Have you written up anything about the models you're using?

>>27963747
>>27955037
i second that, whats the model?

>>27955037
The only price that matters is BTC. USD price is irrelevant

>>27961676
lol astrology is real. read into vedic astrology, j krishnamurti and others.

ta is fake tho

>>27917350
>Doesn't know what linear means
.6 XMR becomes a smaller and smaller % of supply as more is printed, that's not linear

Anyway what kind of CPU is recommended to mine this? Would getting a VPS be profitable or no?

>>27965048
Bots trade TA signals so it is a self fulfilling prophecy.
What is the suicide stack monero bros? I’m still dcaing into it

>>27965522
Curious what other people say, but I'm going to say 50-100

>>27965481
Ryzen Desktop CPU or Threadripper

>>27949621
>Using bitcoin will be like going to the shopping mall in the future. Accepted anywhere, lots of vendors.

There is a decent chance Bitcoin will die a gradual death as it develops a reputation for being vulnerable to governmental blacklisting. We're only 2 years in and already 50 BTC addresses have been declared toxic and the funds they hold rendered effectively unusable, that number is only going to keep rising in future. Soon it'll be 100. And then 500. And then 1000.......

At a certain point a critical mass of people will start realizing that holding BTC isn't as safe a proposition as was advertised, at which point confidence will start to seriously waver and we all know what happens to a currency when people lose faith in its viability.

Right now BTC is coasting on network effect and widespread ignorance about its core vulnerabilities. But there will be a reckoning sooner or later, history shows us the bubble ALWAYS pops eventually.

>>27966523
How is Monero safe from blacklisting?

>>27965522
this is true. ta is real in that sense of those who believe it to be true will act as if it is true. it is existentially unreal.

50 xmr is suicide stack

>>27966651
incoming atomic swaps. it is already blacklisted from aus exchagnes for example - hasn't really hurt it

>>27965522
Suicide stack is 18.7
Make it stack is 50+

>>27966651
that anon means the coins itself can be blacklisted, because bitcoin has information attached to each transaction. So let's say a certain coin was used for buying drugs, the government can consider anyone that holds those a criminal, so it forces people so transact only "accepted" coins, making the "tainted" ones useless. Monero on the other hand obfuscates all information, so all coins are the same, so the only way to stop it would be banning the whole blockchain, which is impossible

>>27966651
>How is Monero safe from blacklisting?

Untraceable transactions render blacklisting useless. Bitcoin CAN be effectively blacklisted because all transactions are transparent and traceable.

what the fuck is wrong with this coin
why won't it go up

>>27967074
>>27966974
Cool beans. Why can't you ban the entire blockchain?

>>27967680
how can you ban a p2p application?

>>27967680
>Why can't you ban the entire blockchain?

For the same reason you can't prevent bittorrent piracy.

We're sub .004 btc right now. Fear is MASSIVE right now in the XMR community... Hope you guys are loading up heavily. Especially my btc hodlers.

>>27965522
18.7 Sui
50 Comfy
100 make it

2031

>>27968754
legit

>>27966974
Yeah of the big coins only ltc and xmr care about fungibility

Bumping

>>27969383
LTC is a BTC clone bro

>>27969383
LTC is working on OPT-IN fungibility. This is worthless. Privacy by default is the only kind there is. Never forget this anon

>>27917088
bruh you're just mad the chestlet is getting absolutely mogged by the new one

What do /xmr/bros do about having to wait 20 mins to spend coins? Do you just send 1 xmr to lots of sub addresses? Do lots of withdraws from exchange to each sub address so you don't have to wait each time?

>>27972011
as you spend your coins the wallet should be broken up enough to the point where it's not a problem anymore. however, how often are you really transacting?

do you guys use the monero gui wallet?

>>27972699
Yeah its pretty great

>>27972699
Yes, run my own node and solo mine for fun, 1 in 1000 chance of finding a block, pretty sure botnets are the main miners, not way is it profitable and I have 20 thread 10th gen intel

>>27972174
I reposition my portfolio by selling all crypto for XMR then buying new portfolio with the XMR, lately have been doing it a fair bit

>>27972699
I use the CLI
>>27972011
you can just send monero to yourself if you want more inputs.

>>27969805
Explain why opt-in fungibility is worthless. No it's not private but it's better than nothing

Monero bros- currently watching this video. Skip the complicated parts if you need to, but god DAMN this guy is good.

https://www.youtube.com/watch?v=aC9Uu5BUxII

>>27974165
>Explain why opt-in fungibility is worthless. No it's not private but it's better than nothing

Okay check this out. HEY ANON- THIS IS THE IRS/GOVERNMENT. JUST WANNA CHECK IN ON THAT PRIVATE LITECOIN TRANSACTION YOU MADE 3 MONTHS AGO. ONLY 1231 PRIVATE TRANSACTIONS WERE MADE THAT DAY AND WE SUSPECT YOU SENT MAY HAVE USED THIS PRIVACY TO SEND MONEY TO AL QUESADILLA YOU HAVE UNTIL THE END OF THE WEEK TO REVEAL WHO YOU SENT THIS TO, OR WE'RE GOING TO PUT YOUR FAMILY IN PRISION. KTHX

>>27974336
Yeah, this is an extreme case but it could happen. Also it's not a private transaction, it's fungibility, so the coin history would be removed but the transaction is still public.

>>27974192
Dr. Daniel Kim is the chad who coined the phrase "Monero is what Bitcoin noobs thought they bought."

Dumb question guys- I'm a latecomer to XMR. Should I be concerned about how many XMR were produced in the early days and the giga-whale hodlers that are probably out there still?

Newfag/retard here. What are some of the atomic swaps that you can use yo exchange ETH to XMR

fuck XMR, still shilling this meme coin

only privacy coin is $GRIN

comfy

>>27949621
>Using bitcoin will be like going to the shopping mall in the future. Accepted anywhere, lots of vendors.
Check btc fees. Noone will pay those for shopping.

>>27974998
Nah. There will always be whales. Nothing you can do about it.
>>27975247
Atomic swaps are in development.
Coinswap services do exist however until atomic swaps are developed. Morphtoken is popular. Check the OP for more.

>>27976109
wtf

>>27976294
Thanks will do. Also, how do Monero whales cash their monero with all the regulations and restrictions?

>>27974192
this is excellent.

>>27976459
I don’t understand your question. If you mean cashing out, then Monero is like any other crypto with regards to taxes.

>>27972871
he'll be looked back on as one of the most important people of our time without a doubt. what a legend

>>27976109
that bog model never fails to make me laugh

>>27976109

>>27976306
she scored a goal

>>27977011
>the ball is chainlink

o i am laffin