/biz/ - Business & Finance

>>28502781
LTC will be the ONLY top 10 privacy coin once Mimblewimble gets released to mainnet EOM. /biz/ are sleeping on this right now while its the easiest mid-term gains in the market rn. Do with this what you want

>>28502781
It’s certainly the most hated by governments so probably yes. And with the ECB set to launch their digital Euro this year and make it clear to everyone that their every transaction will be tracked and traced, I think that makes Monero an attractive investment.

>>28502961
DELETE THIS

>>28502781

Monero is great, but XHV is better.
Being able to mint a completly anonymous stablecoin xUSD or xAssets like xGOLD is holy grail of crypto.

Mcap is growing constantly and in the near future xAssets like xGold are added. xUSD is already working flawlessly.

RUNE integration will send this to the moon with liquidity pools on a decentralised Exchange for XHV and xUSD.

how about torn? is there anything on ethereum that works for privacy, or is the nature of ethereum just not quite how that works.

>>28503154
Based. Haven is Monero on steroids. Only way to create fungible private assets. DYOR fast or stay poor.

Monero is the obvious frontrunner for many reasons, DYOR. Anyone shilling anything else is either retarded or a desperate bagholder

>>28502781
Yes.

Firo is worth looking into, but now is not the time for privacy coins

Monero is the OG, will always be up there but XHV will match and surpass it in marketcap in the very near future.

>>28502781
nobody cares about the store of value aspect of monero, xmr users (not retarded maxis) just want private transactions and they don't want to lose 5-20% of their purchasing power in a matter of hours so they will want to use xUSD not XMR. As >>28503154 said XHV is definitely the private and private defi play this cycle

>>28502781
look into rubic

>>28503361

nah mate, check it out yourself. Also, we dont want to get moneros market share. We are thankful for moneros technology and the haven dev team has good relations to the monero devs.

We want the stablecoin market. 10 bn mcap is FUD.

>>28503505
its actually a great time to buy for a long term hold. you don't buy when the hype is already out of control, like defi

>>28503269
Yes torn is legit, the pro tip there is to wait for the airdrops to run dry and the untouched supply to be burned. It’s gonna crab/dip until that happens unless feature news or some hypebeast shills it.

At some point all the retarded criminals that farm and dump this will realise we are in a bull run and they can get more money letting the price go up.

What's the emission schedule on this like? Are there halvings?

>>28503063
It doesn't matter as /biz/ isn't buying LTC anyways, thats why they stay poor. Everyone will FOMO in at $250-300 probably while we already filled our bags. Hoping to get one more paycheck into it before liftoff but I doubt its still crabbing end of month.

Great time to buy Grin. Just $0.60 and ATH over $10. No bloated chain like Monero (Grin deletes old history), which will become a problem with Monero when usage grows. Grin has also built-in mechanism to check that total coin supply stays correct.

You’re a mug if you’re buying LTC lmao

>>28503846
or you know... they will just use a private stablecoin like xUSD or xGold. Do you really think drug dealers really care about the emission schedule of XMR? Don't be fucking retarded and buy XHV while it's under $10

>>28504253
How exactly is a unit of xUSD or xGold generated without a centralized entity involved, can you explain in detail

No, none of them. You only need them if you're a dark web nonce. Kys.

>>28504717
Haven uses a decentralized oracle to fetch XHV/USD (or XAU/USD if you want to convert xUSD to xGold) and mint the appropriate number of xUSD when you burn your XHV: so if you have 100 XHV and chainlink says 1 XHV = 9 USD then you can mint 100*9=900 xUSD. As the demand for xUSD and other xAssets grow XHV supply goes down.

>>28504717

they are created on chain. You burn XHV and mint xUSD.
1 xUSD will always redeemable for 1$ of XHV or any other xAssets.

Price feeds are given via chainlink and in the future with loopring as a backup

>>28505243
loopring? isn't that a DEX?

>>28502781
It will be the best after the bull and following bear market. You’ll see.

And not because of the gains. There will be no gains, but it will be the best. If you’re skeptical, just put 1/4 of your portfolio in it.

>>28502781
Yeah it’s being adopted by the dark net. The largest dark net marketplace uses Monero, and Monero has by far the largest community dedicated to privacy working in it.
Ignore the haven pajeets. They are shilling you a dev tax scam that literally nobody uses.

>>28505533
oh lol. i mean BAND protocol.

to much tokens out there and i only have eyes for XHV

>>28505653
>dev tax scam
lmao have fun staying poor. Remember that haven is a monero fork, xUSD is exactly as private as XMR

>>28504180
Grin was compromised with a $150 AWS attack

Monero will come out on top 100%. Didn't research the shillcoins posted here, but I didn't see a good reason for the market to switch.

>>28505841
Yeah it’s a monero fork, which means is pointless to use. I’d rather have the up to date monero technology that routinely hard forks than your stable coin. How can you even get rich off of a stable coin? It’s fucking retarded.

>>28502961
Call me back when governments are actually trying to crack down on LTC.

The US government seething and putting a million USD bounty on cracking XMR's encryption is the best advertisement a privacy coin could ever have.

>>28505653
a dev tex which is neccessary atm but will be wiped soon. there was no premine, no ICO, nothing.

Exchange listings are very expensive and devs /contractors arent working for free.

But the dev team got some nice cex options for the future ;)

>>28505944
you dont want to get rich of xUSD retard, you buy it for offshoring wealth

XHV supply is getting burned for every swap.

if you just want to make $$$ you need to hold xhv and wait till the mcap grows and the supply shrinks

>>28503628
xUSD is subject to government regulation meaning they won't be private.

>>28506063
So you have two options: you can use Monero, which has far more support, which is actually being adopted, and which is actually innovating in the space — OR you can use a fork of Monero, with SHIT anon sets, with NO adoption, with trash monetary economics, and a fucking dev tax to top it all off.
Kill yourself curry nigger.
>dev tax necessary
Then why does monero not have a dev tax? Your shit coin wouldn’t even exist without Monero.

>>28505944
Read up on it before FUDding you retard.

>>28502781
>Redpill me on some privacy coins. is this still the best?
nope
PirateChain is now the best
largest privacy set
top notch tech
51% attack protected

>>28506240
>offshoring wealth by storing it in fiat
lmfao. Just throw your money in a garbage can and burn it you retard.
If people want to offshore in dollars then they will just offshore in dollars.
If they want to offshore in crypto they will use Monero.

>>28505944
>How can you even get rich off of a stable coin?
YOU really are fufkcing retarded. You need XHV to mint xUSD. If a lot of xUSD is minted then XHV supply goes down. There are only ~3M xUSD right now - what do you think will happen once the decentralized thorchain bridge is functional??? Billions of xUSD, xGold, xSilver, xEUR, xCNY are going to get minted and XHV supply will melt.

Currently supply is around 13.7M, by the end of the year it may very well be around 2-3M. With a 1B market cap (very realistic) it means XHV will be around 300-500 dollars.

>Yeah it’s a monero fork, which means is pointless to use
Haven is updated too

>>28502781
Monero is the ultimate anti-ZOG Chad coin

>>28506495
>what do you think will happen once the decentralized thorchain bridge is functional???
Nothing, because it’s vaporware that you are being taxed on.

>>28506497
This, if Monero maintains its top 20 status by 2025, we're hitting $5000 Monero for sure.

>>28506293
Haven is far more complex, it's the first and only implementation of colour coins, I'm glad the devs were able to eat in the last few years. It's still much more fair than ICOs don't be dumb

XMR is the best. You guys convinced me to buy some Haven though. Won't use it though just hodl it cuz I don't trust shit but XMR at this point

>>28506588
Sure ok well definitely stay on the side. Please look at XHV/XMR chart every now and then so you can remember that you deserve being poor

>>28506755
>color coins
What the fuck does that mean? So your saying it isn’t fungible. Fucking lol
>>28506495
> Haven is updated too
Yeah, by copying what Monero does.
It’s only good parts are taken from the hard work and research from Moneros developers.
You are living in a fantasy, acting like Monero hasn’t built up a reputation in the privacy sector over the past 7 years. For your shitcoin to overtake it would require it to actually innovate, which it clearly is t, because the only person shilling it is you hiding behind several ips.

>>28506588
It’s a shame that you’re actively against something you don’t understand. Not only will you be mad at yourself for missing the 100x but you’ll realise you are a retard for not understanding what you were seeing.

>>28506974
Isnt*

> ITT pajeets telling you to enjoy being poor

I'm out

BEAM. You have been warned.

>>28506979
>shilling a 100x price rise instead of talking about the actual fundamentals
That’s how I know your a curry nigger

>>28506974
>What the fuck does that mean? So your saying it isn’t fungible. Fucking lol
google it...

>You are living in a fantasy, acting like Monero hasn’t built up a reputation in the privacy sector over the past 7 years. For your shitcoin to overtake it would require it to actually innovate, which it clearly is t, because the only person shilling it is you hiding behind several ips.
If you actually believe a private stablecoin is not innovation I just feel sorry for you :(

>>28507167
The fundamentals have been lay out in front of you ITT bud. Just keep this exchange in mind and keep an eye on XHV’s price in the coming months.

Quick and reliable way of vetting the viability of privacy coins: do a search on r/darknet (or any darknet-related forum) and see what people with their freedom on the line are using and endorsing.

SPOILER: its Monero and only Monero.

Can you faggots stop pumping XMR? There's absolutely no reason to. It's just a currency to briefly buy stuff I want and get out. Stop treating it as a store of value. You already have BTC for that. If anything, you're putting your funds at greater unnecessary risk of governments wanting to shut it down.

>>28507989
What specifically makes BTC a better store of value than XMR? The fact that mining rewards will drop to zero in a century and the entire thing will fall apart? The unfeasibility of transfer and usage?

>>28507989
It's the best way to store offshore funds and savings. I moved countries 3 times last year, guess what, the money in my banks was a fucking nightmare to transfer and expensive too. My monero on the other hand, didn't even need to touch it.

>>28508115
BTC is an outdated and inefficient piece of shit but it still works fine for now. You value storagefags need to go back because suddenly pumping XMR from its usual crabbing is only going to bring unwanted attention.

>>28508545
All the unwanted attention in the world won't matter after atomic swaps. the cat is out of the bag

>>28507989
>Stop treating it as a store of value. You already have BTC for that.

You mean the shitcoin that keeps getting blacklisted by the US Treasury with increasing frequency due to it not being fungible? Good luck shilling that to the moneyed elites: " Just be careful not to accept tainted coins lest Uncle Sam decides to effectively freeze them!"

>>28508115
>What specifically makes BTC a better store of value than XMR?

Hot air. Take away the network effect and hype and you're left with an obsolete coin that wouldn't make a dent in the market if it launched today.

If you know you know. I dare all of you to do a little research on HAVEN tokenomics and the brilliance of being the only gateway to multiple, FULLY FUNGIBLE assets - on chain - with no counter party. Few understand.

>>28506745
Inject the hopium into my veins!

>>28506745
We have a good chance of hitting 5k during this bull run anon

>>28502781
Look up what criminals are actually using for currency. That’s your answer

ITT a bunch of fucking retards.

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

>>28503154
>>28503310
>>28503628
samefag shiller

>>28502781
Monero is broken, upgrade to 0xMonero

How quick are Monero’s transaction speeds?

>>28503154
>>28503310
>>28503628
You can't call something pegged to a fiat currency decentralized lmao. Supply is managed by a centralized authority to which the coin is pegged.

>>28511050
Fuck off. Someone reply to this fuck with the 0xMonero copypasta.

>>28511050
0xMonero is a backdoor to real XMR

They couldn't break XMR so they're creating a "New Coin" that is "better".

>>28511050
Stop shilling this you dumb curry nigger.

>inb4 hurr durr Reddit

https://www.reddit.com/r/CryptoMoonShots/comments/i27fhk/0xmonero_summary_of_findings/

>>28511050
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

>>28511086
They’re slow, but not impossibly slow. A very nice trade off for the best fundamentals in crypto couples with damn near nonexistent fees.

Monero is the only crypto currency. The rest keeps trying.

>>28510946
hey I was the one talking about xhv the other day and it's not me this time

>>28503628
>nobody cares about the store of value aspect of monero
i do and many others too. you should start accumulating, faggot

>>28503628
>nobody cares about the store of value aspect of monero
lmao wrong, especially at these retarded bargain basement xmr/btc prices. Not only are your holdings private, but a hold of monero right now at .04 btc represents an insane upside based on historical xmr/btc levels.

>>28513283
Sorry, obviously meant .004 btc.

>>28503154
>>28503310
>>28503628
>>28504253
>>28504717
>>28504253
>>28505206
>>28505243
>>28505834
>>28506495
>>28506881
>>28506918
>>28509303

I know you'll like to shill XHV, I like it too but:
>Monero atomics swaps will kill the need for private stablecoin
If you want you can just atomic-swap xmr for eth and they swap to DAI in UNI. You still mantain privacy because none will know where the xmr address comes from.

>>28513475
I can't wait for atomic swaps because what you just said is basically already possible with centralized services, it will make things so much easier. I'm still gonna buy some XHV though

>>28505970
What are the odds they actually crack it? The price would go to 0 really quick

>>28514064
Idk what are the odds of cracking 1+1=2? If monero gets cracked that means encryption in general gets cracked and the entire internet is fucked

>>28513475
Very true.
XHV token economics aren't bad with their "synthetic asset creation on-chain deflating xhv-supply"-trick but as the poster pointed out with atomic swaps XMR has basically the same capabilities, only that XMR users don't depend on the oracle companies price feeds.

>>28505944
based monerobro

>>28509303
XHV only has ~$2 million dollars in daily exchange volume transacted and it has a lot of empty blocks. I'd rather just use XMR, even if it a little more volatile.

>>28514064
this >>28514343
quantum is the only current path to cracking encryption, and even then it might be avoidable. the science of encryption is still in its infancy imo

XHV literally no developers, and just copies XMR. say poor anon

>>28512196
>???
>censor bar
lol

>>28515036

They have one of the most active github's in crypto. XHV team has innovated XMR's function and has had help from monero dev's along the way.

>>28514788

No pre-mine, no ICO means it's harder for team to pay exchange listing fees. Thorchain integration coming soon will provide liquidity and volume. Look out for it. Lead developer also hinted at binance listing recently.

>>28511086
Generally faster than Bitcoin, although that isn't saying much.

>>28514064
This study was conducted by a mellon university. Basically the amount of traced transactions is close to 0. Some can be traced only by timing heuristics. (People getting into XMR and leaving it quickly)

>>28511086
you can choose how fast they are. 20 minutes at its slowest which means most secure. 2 minutes at its fastest but only checked once.

Most people never change any settings and it defaults to most secure so most people have to wait 20 minutes.

This doesn't matter for the use case of monero though which is buying drugs and cp from the dark web. You don't care if it takes 20 minutes to confirm the transaction or not.

>>28517206
Everyone talks about these alleged black markets yet I haven't seen one so far that doesn't look like and FBI honeypot

>>28502781
whatever people shill. When it comes to privacy, XMR is king.

>>28514064
You are asking if governments have the ability to crack all encryption in the world. If that was possible North Korea would have crashed all digital systems by now.

>>28506390
technically correct, but piratechain is worthless unless it gets widespread adoption, which wouldn't happen unless monero got seriously, seriously compromised (and in a way that wouldn't also compromise ARRR)

You buy btc to hedge against fiat (smart)
You buy xmr to hedge against btc (brilliant)
You buy arrr to hedge against xmr (probably retarded, possibly genius)

unrelated, but if you like the hedge and you aren't getting your PMG and /k on, you've failed at order of operations.

>>28517503
dark.fail

Also are you new to crypto? silk road was so normalfag friendly that it resulted in festivals booming due to lots of cheap available drugs. That was back when BTC could still be used as a currency. XMR replaced it.

Personally the store I use is "White House market" which is a smug name picked on purpose by the people running the store.

>>28502961
I hold both

>>28517513
This.
Zcash and Dash are popular, but they are shit, as are all coins with opt-out privacy. Other privacy coin projects like 0xMonero or whatever it's called get shilled all the time, but they are absolute shit.

>>28517735
buying precious metals right now is like buying CDs and DVDs in the late 2000's

>>28517735
Pirate chain is complete shit though. Go look at it’s block explorer. They average like one transaction each block.
It’s only shilled because of the arrrr pirate meme, which is cringe.

>>28504253
Yeah but nobody will lmao

>>28502961
I dont think you know how mw or xmr works fren, but keep throwing money at stuff you dont understand, you are definitely going to make it :)

>>28506390
Difference is network effect. Monero is already the standard to be used by dark web. You need to basically convince these stores to somehow change to PirateChain.

Monero has basically already proven its anonymity by the US government putting a million USD bounty on it which is the best advertisement and crime endorsement possible.

Meanwhile PirateChain already sounds nefarious, has no proven track record in the eyes of the dark web stores and there is no reason to switch to something else if what you are using already works.

Bitcoin didn't stopped being used because the dark web thought "Hey man Monero is a cool project". Bitcoin stopped being used because it wasn't viable anymore. Huge transaction fees and a every so increasing chance of being caught by the government. So they switched to Monero.

People are only going to switch to PirateChain if Monero shits the bed and either the fees become too expensive. Or the privacy features get cracked.

Both of those things are already accounted for by Monero by being divisible by 12 digits (compared to 8 with BTC). Having scalable block sizes do fees are only a couple of cents max, and finally RingCT and encryption ensuring that no one can see anything you're doing so you can't ever be caught.

>>28517989
precious metals have been used as currency since fucking hammurabi you have no clue what you're talking about

>>28518549
Never since then had we systems like crypto which are trustless and decentralized. Precious metals have been surpressed, it had to happen some time.

>>28517989
I made my first 3x by buying silver in 2009/10 and selling it in 2012. WIll happen again. PMs and anon coins are complements.

>>28514064
if they crack encryption every stock will also crash by 90% and society will shut down

>>28517989
This would be true if we were about to invent a new technology that could replace silver and gold industrially- EG something that was conductive and necessary for the production of almost any device that requires computation.

Although paradigm shifts aren't totally unheard of in human society, they're certainly rare. I doubt that people are going to stop caring about shiny rocks, even if only for their aesthetic worth and as a tool for status signaling.

>>28518186
exactly, ARRR is shit because it has 1 transaction each block. It has adoption whatsoever. I'm a monero lover, but ZK-Snarks is good tech that's utilized poorly by ZEC because it's opt-in.

where can i trade btc to xmr without kyc?

>>28518831
it'll probably not be superseded for a good decade still, but their time is up soon.

>>28515030
quantum shillers are saying it will break rsa to get funding. and even if it would elliptic curves are safe desu.
we no longer on that factoring shit

>>28518970
don't know about silver but the amount of gold used in hardware is insanely small, that's not what's keeping the price up

>>28517989
Yeah this is right

>>28517735
>>28518549
The main problem with precious metals is the rate of inflation. Sure you normally don't notice this due to fiat inflating at a faster rate.

But for example the total amount of mined gold right now is 138,000 kilotons in 2120 it is estimated to be 1,150,000 kilotons.

This means that the inflation rate of gold is about 1.8% a year. Which is a lot better than fiat but really high compared to cryptocurrencies which act deflationary instead.

Why should I buy metals that become worth 1.8% less when I can just buy crypto which becomes worth more instead?

>>28506495
Why is having a limited supply of XHV necessary for the swaps to work?
There could just as well be an increasing amoung of XHV, since the price of xUSD or xGold is based on the real price.
All the limited supply serves is to create FOMO, not to actially make the real use successful, as with all shitcoins.

>>28517989
I still buy CDs

>>28519255
Added to this, the amount of gold used up in hardware manufacturing is LESS than the rate of newly mined gold.

>>28502781
XMR is literally the best cryptocurrency out there. Only until recently though did it start becoming profitable. I don’t have a stake in it but we’re finally getting to the point where the price is starting to approach it’s true value

>>28519549
>anticipated to be worth $40,000 by 2030
>approach its true value
It's still accumulation time. I am personally planning to slowly putting 10% of my paycheck every month into Monero for the next 10 years. My goal is to have 1000 XMR before 2030.

>>28519012
xchange.me [has an onion address]

>>28519832
>2030
Ahh what's that like 20 years from now?
>2030 is in 9 years
What the fuck, really?

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.

>>28519832This is the best strategy. I'm buying £100 worth of XMR every week for the rest of the year (started Jan 1)

>>28519255
>>28519448

1.8% is less inflation than the tail emissions from Monero itself.

I can't speak to gold but industrial silver use will only ever increase, drastically so as it's the most conductive metal that exists and the entire modern world relies on electric conductivity, including the semiconductors that make it possible for crypto to exist.

>>28520580
Tail emission from Monero is 0.6% a year and will slowly drop to asymptotically 0. (Because the total amount of XMR rises but the increase is linear).

This has the end result of inflation effectively becoming 0 in the long term. But still incentivizing miners to keep the system running.

>>28519832
>I am personally planning to slowly putting 10% of my paycheck every month into Monero for the next 10 years. My goal is to have 1000 XMR before 2030.

Probably won't get to 1000 if the price keeps rising. But you really only need 100 to make it in the long run, hell, 50 XMR should eventually be sufficient.

>is Monero the best privacy coin

Monero is the ONLY privacy coin that actually provides you uncompromising privacy.

Verge is the only coin that allows the choice of either a public or private ledger for different uses.

>>28521635
Optional privacy is not privacy.

>>28520896
I tried explaining that but retards bring up shit like Zcash even though it's fucking controlled by a company and not even decentralized for fucks sake.

But people here are just shitcoin pnd peddlers. I doubt there are a lot of people here that actually realize the real life usage of monero (as in right now already) and buy it because it's inevitably going to blow up big time.

>>28515649
super low energy subreddit too.

>>28521635
>Verge is the only coin that allows the choice of either a public or private ledger for different uses.

And that is why nobody trusts it.

>>28520580
>1.8% is less inflation than the tail emissions from Monero itself.
More than twice, actually. The starting inflation of the emission is 0.8%, and that number will approach zero.

>>28521635
>XVG

I watched my old boomer boss lose $40k on that in one day back in 2018

>>28502781
Monero is good but haven is better, and haven is actually mooning

>>28521862
>I watched my old boomer boss lose $40k on that in one day back in 2018

MUH WRAITH PROTOCOL

>>28503642
rubic is not a privacy coin. stop.

>>28521885
>Monero is good but haven is better, and haven is actually mooning

If Haven really was better than Monero the darknet would currently be adopting it. But that clearly isn't happening.

>>28521776
Speculators get rekt every time it just takes a while

>>28521635
Firstly optional privacy is not real privacy you NEED to have it forced on everyone that uses it to protect the blockchain in the long run

Secondly what you say isn't even true fucking Zcash shitcoin also has both a public and private ledger.

>>28502781
ZEC is a better buy for that. More corporate backing so they're gonna make a show soon.

ARPA / Bella protocol are even better.

>>28521635
You are fake news.

>>28522804
Good to know that retards are still retarded and I still have lots of time to accumulate XMR.

>>28522035
not yet
check roadmap

>>28522804
>More corporate backing
That's a bad thing.

Monero is the best because it's the only crypto out there with a government bounty on its head of 1 million USD to crack it. The fact that the government is losing its shit and going apeshit trying to crack it shows already how good the privacy actually is.

>>28522804
>ZEC is a better buy for that. More corporate backing so they're gonna make a show soon.
>
>ARPA / Bella protocol are even better.

>better.

Talk is cheap. Actual adoption is what really counts.

Unironically GHOST is making a comeback.

Let me summarize this thread.

There is only 1 privacy coin, Monero. Zcash isn't private. Bitcoin isn't private. Dash isn't private. Litecoin isn't private.

Monero is being used right now at an ever-increasing rate for people looking to make private transactions. There is only one coin that is being allowed to get used on dark net markets. People are already USING Monero for its actual intended purpose of private transactions because it is a fully working product which is being improved over time. If you don't own at least some Monero you are doing yourself a disservice.

>>28523268
What he said.

>>28518970
Well there are other reasons that it is shit. For example, it’s mining distribution is retarded. They have already mined 95% of their blocks in like two years and there is KO asic resistance. The whole thing comes off as a pump and dump scam.
Not to mention trusted set ups and a community with little trust.
I respect the fact that they have built in privacy and they emphasize that, so I give them credit there. But when they come in monero threads saying that pirate chain is better and monero is shit, it’s so cringe. It tells you all you need to know about their supporters.

>>28524372
No asic resistance*

>>28523268
yeah but it's a stablecoin tied to heroin. Haven is better because you can make a heroin token on haven and haven can increase in value

>>28523201
Thankfully you can’t kill a Ghost. Development continues on various fronts and the scammers who looted community dev funds are currently being dealt with.

>>28505892
my only issue is its POW and not POS

>>28502781
SCRT is going to $50 this year, still time to get on board.

>>28519110
quantum still has a loooong way to go to cracking anything but the smallest RSA keys

>>28514064
to be fair, you don't literally have to "crack encryption" to find a flaw in monero. most encryption leaks come from flaws in the implementation since the maths is perfect. xmr is a fairly complex coin so it's entirely possible the implementation has a few bugs that could be exploited. and the problem with blockchain is that any such bug would retroactively reveal all transactions ever to the glowies.

>>28512196
Audible kek.

>>28502781
For me, it's the only one that has a true, honest magical spark. You know, like the Internet when it was fun and free.
Many developers will work on Monero only by convictions, not for money.

>>28525951
it's also inflationary with a 2^64 max supply, but at least the algorithm works well on consumer cpus, keeping the control away from ASIC chinkfarms

>>28521862
It was me.

>>28505865
Any coin can be 51% attacked

>>28505970
Our central bank already banned it cant buy it on dutch platform.
This made me buy

>>28529246
The Dutch banned xmr?

>>28529730
I think he's mistaken and probably means that some local crypto exchanges removed XMR trading out of caution. There has been no government that actually officially banned Monero yet.

The Australian government pressured one exchange to stop listing it but it wasn't an actual official ban on XMR. It's still kinda showing how governments think about it though.

>>28502781
yes

On another note you know how 1 BTC is called a bitcoin but 0.000001 of a bitcoin is a satoshi right.

1 XMR should be called a Monero but 0.000001 should be called a Nonce.

XMR is nice if you just want private transactions. But SCRT gives you private smart contracts.

>>28530738
I'll look into it some more. I don't really see the value of smart contracts in general as it tends to go towards increased centralization but if it's truly private it might have a niche. Privacy is going to be the biggest topic of 2020s after all.

>ctrl + f oxen
>no results found

a newfag thread i see. look into lokinet and session. DYOR

>>28529730
>>28530234
How will they do that anyway?
How do one block a decentralised cryptocurrency?

Seriously this many comments and not one person talking about TANGRAM??? You’re all so stupid.

Tangram = nano + Monero

>>28531705
Just block the exchanges and the fiat -> monero streamline. No one is going to bother exchanging it with strangers.

>>28530234
Crypto exchange must be licenced by the DNB central bank, to get licensed the must comply to AML
so
Dutch AML regulations have effectively banned all privacy coins and Monero has already been delisted from Dutch crypto exchanges

>>28531879
>No one is going to bother exchanging it with strangers.
Why not though? Regardless of privacy, one of the use case will be to be used in face to face transaction

>>28532065
Are Dutch people allowed to trade on other exchanges though? If they are then what does it even matter?

>>28531879
>No one is going to bother exchanging it with strangers.

>>28503310
HOLY SHIT
i got one as an airdrop, just recenly found it, had SUCH a hard time sending it to kucoin to selll is asap and buy monero

webwallet - not working
client wallet - broken
use windows comicality to fix it
wait 10h for it to sync up
transfer it out

JESUS CHRIST

XMR is king, it's just the best crypto currency out there.
And I mean it really, although it's slightly more cumbersome than BTC to use with the addresses and such on a global scale it's a far better coin than BTC.

First of all it has real world application, the darkweb uses it daily with great success. So it's viable, moreover the project is old and has proven how fucking perfect it is.
On a more realistic note it also has very low fees, at least comparred to BTC and transfers are pretty quick and efficient. It's value is above BTC for sure, we're just still too early to realise it.

Too all the shit lovers out there and portfolio builders, you SHOULD really put some XMR in your basket. Anyway I have plenty but I bitterly regret selling the XMR I had before 2018, so don't do the same, buy some and hold on to it

>>28532242
Atomic swaps don't allow fiat to enter.
>>28531879
2 hoodie wearing dudes meeting together having to wait 20 minutes for a transaction to finish while awkwardly standing around on a parking lot. Yeah I somehow doubt that is going to happen.

>>28513475
>>28503628
>>28503154
see >>28532325

suterusu renders all other privacy projects obsolete
layer-two privacy on ANY blockchain
soon to be the privacy standard

stop lollygagging and hop on u fckn imbeciles

>>28532065
Untill now i thought the dutch were most liberate people, but it seems they are not.

>>28532201
2 hoodie wearing dudes meeting together having to wait 20 minutes for a transaction to finish while awkwardly standing around on a parking lot. Yeah I somehow doubt that is going to happen.

>>28532580
layer 2 privacy isn't real privacy.

>>28532682
Tx takes usually 2 minutes.

>>28502961
>LTC will be the ONLY top 10 privacy coin once Mimblewimble gets released to mainnet EOM. /biz/ are sleeping on this right now while its the easiest mid-term gains in the market rn. Do with this what you want
yo i mean this in the nicest way possible but - fuck litecoin. your shit community has been saying "privacy soon" for FOUR YEARS.
guess what? even if you roll it out it will be sub-optimal optional privacy.

>>28532239
>then what does it even matter?
I buy it on binance
Some dutch platform allows you to buy and sell but not transfer the coins of the exchange lol

Lol this samefag is STILL shilling his shitcoin

>>28527684
>the problem with blockchain is that any such bug would retroactively reveal all transactions ever to the glowies
That's true for any encryption transported over the internet, really. I doubt the NSA is building data centers for their personal loli stash.

>>28503154
>>28503310
who determines the peg? what happens when whales mint/unmint at a whim to create volatility?
pegged systems need an oracle. the protocol just "creating/destroying" xUSD will not work - what happens if majority of network mints/destroys in unison? there are so many questions under the hood of this coin..... pass

btw, have you seen how XMR is pumping ?

How much will XMR suffer as drugs are slowly being decriminalized in the near future?

>>28532927
>Some dutch platform allows you to buy and sell but not transfer the coins of the exchange
You're kidding right? That's like someone selling you gold but you're not allowed to grab it out of the bank's vault.

>>28533055
Depends on how much money laundering, tax evasion and child porn gets decriminalized.

>>28533055
Crime will still continue to be illegal anon

>>28533040
in xmr threads, price is secondary

>>28523023
kek. have fun when liquidity dries up.

>>28532951
That's the entirety of /biz/

53XMR stacklet checking in. Am I gonna make it and when do I sell?

>>28503628
so let me get this straight: you want to do a private transaction. the government, exchanges, NSA, FBI et. al. KNOW your public address and holdings. they see your coins move. now what?
you think you get monero and it's game over, trail ends? holy shit you noobs are going to rekt by the tax man in the future. correlation attacks, address re-use, IP correlation, literally any service that uses KYC connected to ANY of these other variables....
when are you going to take the black pill and realize that monero IS more bitcoin than bitcoin?
Most of you will need to wake up in a world where transferring on-chain means generating a taxable event. Don't worry, Chainalysis is already making this dream come true to glowies. You wanna know what ISN'T mentioned at all by Chainalysis? Monero. They're scared.
monero is btc in 2014-2015: darknet standard, people scared of regulation, price action is slipping - but if you accumulate....oh if you accumulate.... good luck anons. you will need it.

>>28533040
Who cares man. We are here talking about how we buy our drugs.

>>28502781
This is all you need to know

https://www.youtube.com/watch?v=aC9Uu5BUxII&t=781s

>>28533186
That's what I keep fearing. Ending up as a monero billionaire except I cant find anyone willing to buy it without actually having to seek out mafia types

>>28533293
>2021 crypto crime report: https://go.chainalysis.com/rs/503-FAP-074/images/Chainalysis-Crypto-Crime-2021.pdf
>ctrl+f
>search XMR or Monero
>0 results found
someone literally made the decision that it would be better for the company's image to ignore reality than admit their incompetence. imagine not buying the most obvious signal that monero is the GOAT.

Is nerva private

>>28533226
>when do I sell?
Whenever you want to pay taxes. The true endgame of XMR is that you never have to sell at all and just use XMR to buy whatever you need like real estate, cars and of course drugs and escorts.

>>28512196
lmao

>>28533226
pretend it's 2014 and you just bought 53 bitcoins. now realize that it's 2021 and you bought 53 monero that will end up just as valuable as 53 bitcoins today.
inhale. exhale. it's going to be a good decade.

>>28533424
This video is very brilliant. However I would recommend you don't show this around until june so that we can accumulate before the cryptocurrency market flips from Bitcoin to Monero.

>>28533178
>>28533401
Yeah but you're on /biz/ not on /g/ but whatever tickles your prostate man I'm as convinced as you, probably more actually in this project

>>28533429
If you are a Monero billionaire you ARE the mafia type. You'll just have to hire prostitutes and strippers and start some casino/strip club businesses where you pay the girls in Monero.

>>28533055
The fuck? I’d use XMR and I don’t even commit crime. Why would I want someone knowing my balance when I send them a transaction?

>>28533723
.....legitimately hadn't thought of that LOL

how do I buy this crap in vermont please help

>>28533723
I mean why not really ?

>>28533071
Nope https://www.bitcoinmeester.nl/monero
Let op! Monero is een privacycoin en vanwege aangescherpte regelgeving is deze munt niet meer op te nemen of te storten.

>>28534182
>>28533071

revolut does this shit as well. Oh and they block transfers to kraken lmao

>>28534182
>>28534345
You should buy as much XMR as you can while you still can and put it into a private wallet. Especially if you're dutch and the government is already acting up.

>>28534345
Gatekeepers will start springing up everywhere soon

>>28534182
Vvhat?

>>28534345
*fiat transfers

SCRT

>>28534471
I got banks open in multiple countries. I'll make it anons but thanks for looking after me

>>28502781
If you can use it to buy shit on whitehousemarket then yes, it is very private and secure

>>28534471
What's a good private wallet? I dont want a full syncd bastard like the official wallet

>>28502781
It is the best, yes. One of the best comminties out there too

I suspect there are hijinks going on with the price because the ratio with BTC right now is fucking inexplicable.

>>28534893
You do not have to download the whole blockchain. You can simply connect to a remote node.

>>28534982
The poor price performance I think is just a reflection of the fact that fundamentals are completely decoupled from buyer enthusiasm. Everyone asks "what will pump?" not "what is a useful coin"

>>28534893
I use cake wallet on android

The XMP/BTC daily chart look unironically primed for takeoff.
Am I deluded?

The XMR/BTC daily chart look primed to pump massively.
Am I deluded?

>>28535286
I think this is completly true.

>>28535499
the daily chart ? entering right now is gambling but it has some potential yeah

>>28502781

I havent seen OXEN mentioned yet. monero is the king of private money. but OXEN has some cool privacy apps that are functional right now. Session is their messaging app that they forked from Signal and routed through their onion-routing protocol called Lokinet. Just had a big pump today because of Bittrex shilling it. Still really low mktcap. good one to add to watch list

>>28509303
Haven is a great paper, but it has no real world adoption or testing.
It might work, it might not.
Monero could (and is trying to) develop new things too with swaps, and has a quite large community of smart people working on it. So it's not obsolete.

>>28534539
is this using zkSnarks or w/e for blockchain encryption??? were they able to start off the blockchain trustlessly??

>>28535499
People have the same idea: they hodl xmr while actually using it, hence the low market activity. That's why the price isn't as fluctuative as other coins, people buy it once and use it.

>>28535700
you are not deluded, it's showing a strong double-bottom at several year's ago highs
xmr/btc, historically, underperforms - until it fucking rockets upwards.
i am not selling privacy for peanuts.

>>28534893
You can connect to a remote node with the official wallet. However I still recommend syncing the bastard. It helps Monero stay healthy and it's better for your privacy, especially if you go buy [redacted] amount of [redacted].

It's unlikely but still technically possible for local nodes to be infiltrated by the government to track XMR payments.

If you just want to hold then sync to a nearest mode. If you want to buy certain stuff then sync that beast up.

>>28531175
I'll admit I don't know enough to compare the level of centralization between the two. But SCRT allows for computation of encrypted data without the data ever having to be revealed. Functionality of ETH but with the privacy of XMR

I read atomic swaps will only be available at the end of this year.
This is bullish for XMR. However, at the end of this year the current cycle for BTC ends, which will push the price of every coin down, with the coming of a new bear market in 2022.
Will XMR decouple from BTC cycles, and be able to go up during the bear market? People could escape the bear market by changing BTC for XMR, instead of fiat money, which would increase the price of XMR.

>>28534982
>>28535286
I don't think there is any hijinks going on. People just don't speculate on XMR. The growth in valuation is purely the growth in transactions as more and more people start using XMR on the dark web. This growth is long term and slow so speculators think it's a waste of time as they can rather buy something else that has more volatility.

And honestly they are correct. If you want to be rich you need to hold XMR for 10 years before it reaches $40,000. Sure everyone realizes it will actually become that eventually. But how many other coins will do a 10x in the next couple of months?

People rather want gains NOW by gambling than ensured gains by waiting 10 years.

I personally am completely fine with that. Means more time for me to accumulate and retire on my XMR stack.

>>28536462
XMR is already decoupled from BTC in a real sense. People actually use XMR to buy stuff on the dark web. People aren't going to stop shooting heroin because bitcoin crashed so XMR is actually going to perform really well in the next bear market as the amount of transactions in XMR has constantly grown since 2016.

>>28502781
XMR/USD looking like a fractal-repeat of ETH/USD. See:
XMR/USD, 2-days old: https://www.tradingview.com/x/HJd9ERQI/
ETH/USD: https://www.tradingview.com/x/HJd9ERQI/
please note that XMR/USD has already broken out of the purple zone. We could see $800 a LOT sooner than people anticipate.

>>28536462
XMR is already decoupled from the BTC, and is performing poorly in satoshi this year.
XMR is a stablecoin backed by heroin.

>>28537559
>ETH/USD: https://www.tradingview.com/x/HJd9ERQI/
wrong link, I am big dummy head. Proper link for ETH/USD: https://www.tradingview.com/x/Y0BXknlZ/

>>28502781
Look into SCRT.

>>28502781
you fat pony pussies have got nothing on us XHV chads

>>28537690
Not a coin, that's a smart contract platform.

>>28537559
>>28537640
I hope this is wrong. I want more time to accumulate.

>>28538200
I hope it's right, I would like a house.

>>28537889
>you fat pony pussies have got nothing on us XHV chads
hey idiot, who determines the price peg for your xUSD? oh right, nobody? that's what i thought, settle down unscalable nephew

>>28537889
>XHV

Darknet: "Who dat?"

Fuck bros, I’m having so much fun being a solo miner using work’s energy. Not looking for profits (not that it’s an option) just here for my XMR bros.

>>28533568
Based. Thanks anon.