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29032871 No.29032871 [Reply] [Original]

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

Monero is secure, low-fee, and borderless, meaning users can send XMR around the globe despite corrupt governments or broken financial systems. Innovative privacy features such as Ring Signatures, Stealth Addresses, and Ring CT (hidden tx amounts) ensure that Monero's blockchain is obfuscated -- the financial history of all Monero users is encrypted from the prying eyes of adversaries on a public blockchain, with transactions being visible only by a Monero user willingly providing a view key for a specific transaction.

Monero has also improved upon the scaling downsides of current popular cryptos. To avoid high fees, dynamic block size ensures that the size of the blocks will increase as the amount of txs increases. Further, the mining network algorithm RandomX establishes that anybody with a CPU can participate in mining, preventing the ASIC miner domination that creates a high barrier of entry. Lastly, the mining network will be preserved by Tail Emission -- instead of the block reward falling to zero like with Bitcoin, the block reward will gradually approach 0.6 XMR in May 2022, where it will forever stay. This constant linear inflation means the inflation rate will asymptotically go to zero while continuing to provide an incentive to miners to maintain the network.

If you still have questions, feel free to ask and a MoneroChad will be with you shortly.


OFFICIAL WEBSITE -https://web.getmonero.org

SOUND MONEY, SAFE MODE
https://youtu.be/aC9Uu5BUxII[Open]

WHERE TO GET MONERO?

>KYC:
Binance
Kraken
Bitfinex

>Non KYC:
Local Monero
Bisq
Kucoin
Tradeogre
Crypto ATMs
see: kycnot.me

>Mining
https://archive.is/TWOah

HOW TO STORE MONERO?

>Desktop
Gui/Cli (recommended)
MyMonero
Exodus
Feather

>Mobile
IOS: Cakewallet
Android: Monerujo

>Cold Storage
https://archive.is/DEfsP

>> No.29032921

i'm thinking of buying some cheap privacy coins besides accumulating xmr
does it make sense?

>> No.29032978

does anyone mine monero?
I was thinking of using my old ryzen 5 2600 for mining but I don't know if it will be worth it

>> No.29033021

>that pic

Lmao which one of you autists made that
I love it

>> No.29033087

>>29032921
I think monero is the best so no point but dyor
>>29032978
Recent generals have basically been mining support groups. You can look up mining benchmarks for that CPU and judge profitability yourself. People are using ryzens a lot for mining.

>> No.29033180
File: 319 KB, 769x1285, moneroway.png [View same] [iqdb] [saucenao] [google]
29033180

>>29032871
based and monero chan pilled,
for new creations, please don't increase the tit size. it seems like tits get bigger every new version. I like normal tits.

>> No.29033186

>>29032978
decentralization is important, so yeah, mine when you can on whatever you can (try to avoid super pools, but whatever, payouts are slow on small pools even though eventually it should all technically be the same)

>>29032921
Only if you're afraid of XMR to 0 due to some massive flaw in the tech. This is sort of a similar question to whether you should hold alts instead of just BTC. In general, XMR is the BTC of privacy coins, others might get more price action especially if they're attempting to use manipulated price action to lure in people who otherwise would invest in Monero.

Asking in this thread is like asking BTC maxis if you should buy Eth though. It's like... you know what we're gonna say, but do whatever you want right :D

>> No.29033251

>>29033087
im gonna buy a new high end ryzen setup with my profits and going to mine xmrerinos. it probably wont be profitable but i'm planning to hodl a few years and by then it probably will be very profitable! lets go bois!!!!!!! xmr is the only fair coin anyone with consumer grade hardware can support.

>> No.29033297

>>29032871
DO NOT LEWD XMRCHAN SHE IS PURE

>> No.29033356

>>29033297
Purely made for cock.

>> No.29033438

>>29033186
to amend my own comparison, its actually like asking btc maxis if you should buy XRP or LTC because there is no project comparable to ethereum that is competing with Monero for privacy purposes (yet) and all other options are centralized or worse at being private

>> No.29033460

>>29032871
daily reminder:

the chad line interface vs the gay user interface

learn cli fags

>> No.29033599

>>29033460
more like. the incel virgin cope line interface vs the chad fuckseveryhole graphical click click interface.

>> No.29034472

I JUST WANT MY TV TO WOOOOOOORK AAAAAAA

>> No.29034699

>>29032871
What's a good site to post Dr. Kim's videos thats not YouTube?

>> No.29035506 [DELETED] 
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29035506

>>29032871
Seek help or ngmi
https://youtu.be/cXGjN4XOehE
https://youtu.be/6yHae6zA4ZM
https://youtu.be/lyjJ99ipXqw

>> No.29036126

Price predictions for XMR/BTC? Should I stay at XMR or buy later with btc gains?

>> No.29036178

>>29034699
Bitchute

>> No.29036201

Does mining help the network even if my machine is so shitty that I can't reasonably expect rewards? Or would that just be a waste of electricity?

>> No.29036209

>>29035506
How does it feel to be a sexually frustrated grumpy old retard?

>> No.29036229

>>29034699

Peertube, LBRY, Mediagoblin

>> No.29036260

>>29032871
Can someone post the original pic on some external website

>> No.29036562

>>29036260
>>/biz/thread/S28920842#p28922578

>> No.29036752

>>29033460
Is there really a benefit from one over the other? Am dumb dumb that can't code at all so cli is daunting. I use gui and i think it's fine. Maybe cli runs a but faster?

>> No.29036840

>>29036126
Never Leave monero chan, you will regret. Upward correction lol

>> No.29037367
File: 49 KB, 512x512, DA4173A3-0E1C-41A3-BB8E-29F697E8EC3D.jpg [View same] [iqdb] [saucenao] [google]
29037367

>yet another bull flag on the 4h

>> No.29037421
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29037421

Threw everything I'm comfortable losing (its not a lot) into XMR. Don't have the money to mine despite having a decent CPU and okay GPU. Ready to just forget about this for a few months or years, then come back.
Will keep up on the software-side though, considering what I'm studying.

>> No.29037451

>>29036752
No significant advantage. If you want to mine, however, you shouldn't have a desktop environment at all in your node.

>> No.29038547

I started mining on my RTX3060TI and it manages to generate $3.50 a day in monero. Now I start understanding why the prices went up. Luckily I snatched it up at $450 during release. Probably will make my money back within 1 month of mining+valuation increase.

I'm also going to sell this used up slut of a GPU for a higher price than I paid for it as wel.

>> No.29038672

>>29037421
DCA whatever you can over the coming years and you'll be fine. Yeah the software side is actually pretty interesting saying this as a software engineer myself with interest in math and cryptography.

>> No.29038892

>>29038672
Eh, I'm a massive poorfag, so really, doing that wouldn't really be substantial enough. I don't care about the money too much though. Its what I'm comfortable losing.

>> No.29039061

Need more lewd xmr pics

>> No.29039080
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29039080

>>29037367
Satan will bring XMR to the top 10

>> No.29039126
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29039126

>>29039061

>> No.29039994

>>29039126
Where is this pic uncensored Monerochan?

>> No.29040039
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29040039

People aren't even talking about monero as much, needs to shine a light

>> No.29040189

>>29040039
G
R
O R G A N I C
W
T
H

>> No.29040219

>>29040039
No we don't need to shine a light. It has organic growth. The people for who Monero was made are already buying and using it daily. It's a chance for you to accumulate more.

Let other projects shill their shit.

>> No.29040404

The crab is bacc

>> No.29040707
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29040707

fellow monero chads, do you believe this is the comfiest hold in all of crypto?

>> No.29040918

>>29036201
im in same boat

>> No.29040952

>>29032871
Why the fuck would you buy at the top kek

Literally buy high sell low

>> No.29041004

>>29037421
im 99% xmr. maxis will be kings.

>> No.29041020
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29041020

>>29040707
>fellow monero chads, do you believe this is the comfiest hold in all of crypto?

Are black markets, tax evasion and money laundering going away anytime soon?

>> No.29041083

>>29039994
monero works, so out of luck sir.

>> No.29041146

>>29040952
enjoy being priced out retard

>> No.29041322
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29041322

>>29040952
>he thinks this is the top

>> No.29041440

>>29040404
Good.

>> No.29041510

>>29040952
This isn't even 50% of ATH

>> No.29042022

>>29040707
Believe? I know it is.

>> No.29042192

>XMR is less than 30% of my crypto portfolio
I'm NGMI am I?

>> No.29042460

>>29042192
As long as this 30% represents [unknown amount] Monero, then yes.

>> No.29042610
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29042610

>>29041020
based

whoever said crime doesn't pay was actually retarded

>> No.29042919

>>29042610
The thing is you would still need to launder it. The on ramps and off ramps for profits still need to be made to look legit. Like you can't buy a mansion or a Lambo with cash that just appeared out of nowhere.

>> No.29043083
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29043083

>>29032871

>> No.29043173

>>29036752
Sometimes the GUI can be buggy and the CLI just works. There are things you can do in the CLI you can't with the GUI. Type help into the CLI to see the full list. One example is exporting outputs as part of the processes of verifying the real balance of a view-only wallet. Some of the other steps involved are in the GUI but don't work sometimes.

Mostly GUI is fine though and it is catching up feature wise.

>> No.29043191

>>29036752
its pretty much the same, I'm sure console works better for remote control, but otherwise stick to the gui and chill
>>29040952
not even close to the top tho
not calling it a dip either, just a bit over the average price now

>> No.29043484
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29043484

Monerobros, I don't feel so good...

>> No.29043570

>>29036201
>>29040918
Yes and no. Will your machine in particular make or break monero decentralization and prevent a 51% attack? No, probably not. But if a couple thousand people like you come to the same conclusion and mine solo or in a small pool, there will be a measurable benefit to decentralization. An i5 7600k is a fairly modest and barely profitable CPU, and for reference, the entire network hashrate is only about 1 million of these CPUs.

>> No.29043925

>>29042192
It's always wise to have a diversified portfolio as long as you rebalance it so that you over time have a rising net worth (at least in a bull market). You should treat Monero more like a long term stable hold because it actually is backed by streaming in through the dark web making it over the long term more stable.

>> No.29044161

>>29042919
"I mined it"

>> No.29044179

Which wallet can be logged into with a Trezor or Ledger?

>> No.29044214

>>29032871
When will Rubic support Monero?

>> No.29044274

>>29043484
Look at the charts everything is dropping. You know what this means, accumulation time.

>> No.29044284

>>29036201
No. You'd help more by using that electricity money to buy and hold Monero, thereby raising the price and increasing the incentive for other, more efficient miners to mine. Another way to support the network is to run a full node with open ports and lots of upload bandwidth to seed the chain for others.

>> No.29044597
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29044597

>>29036752
>Is there really a benefit from one over the other?
For me there are two major advantages to using the wallet via the command line: 1) unrestricted access to all possible commands that interact with the protocol. You have much more flexibility in managing your monero. 2) Command-line wallets are future-proof: the GUI may change its design in the future and its functionality could be a bit different -- the CLI is unlikely to change much. This means that within my backup plan and the instruction manual that exists in my will, I won't need to worry about software changing and my instructions no longer being effective. And besides, the CLI honestly isn't that hard. People get scared of the command line but if you're not a complete idiot, it's relatively simple. I believe that if you really want to be your own bank and custodian of your wealth, there is value in becoming comfortable with the command line. If you're only here to make more dollars in the near future and have no interest in using this technology long term, it's easier to leave everything in a hot wallet on your phone.

>> No.29044711

>>29036201
Yes you'd help the blockchain be more decentralized and the transaction fees to be slightly lower like $0.000000001 USD cheaper but still. And you also get a little bit of XMR for your efforts.

>>29044284
This is false. You buying Monero helps no one except the person you bought it from, yourself and price speculators. For the actual chain itself you can 1) run a node. 2) mine monero. 3) Make code commits or volunteer some other way (But not shilling).

Doing anything other than that doesn't really help in any way. The "rising price means more incentive for efficient miners" leads to centralization which is against the philosophy of Monero. It's better for people to mine decentralized than it is to drive the price up.

>> No.29044798

>>29032871
is this ENF? nice.

>> No.29044927

>>29044597
guess i need to get the cli. how will swapping over work? ive currently got latest version gui installed on my external ssd, runs 24/7 so i dont have to wait a long time to sync lol. will i have to re download the blockchain and go thru the whole process again with cli download? or will i be able to just doenload the cli client and connect to my existing blockchain file?

>> No.29044996
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29044996

>>29032871
>pic
moar

>> No.29045012
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29045012

Came for Monero-chan
Stayed for Monero-chan

>> No.29045178

>>29044597
>This means that within my backup plan and the instruction manual that exists in my will, I won't need to worry about software changing and my instructions no longer being effective.
Damn that's some next level long-term thinking. Respect.

>besides, the CLI honestly isn't that hard. People get scared of the command line but if you're not a complete idiot, it's relatively simple.
This is really true years ago before I started using Linux I was intimidated by the command line. After actually using it though you start seeing that it is really easy to use and now I don't like windows anymore due to it being convoluted and hard to use (ironic). That's the true reason people use CLI. Easy of use and laziness, not intellectual reasoning but just sheer efficiency.

>> No.29045182

>>29044798
Btc isn't embarrassed about it. She's a voyeur slut.

>> No.29045323

>>29045178
where would someone get strted with linux? raised on windows. love hate relationship. always admired linux and its users, always figured i wasnt smart enough to mess with it. maybe i should try.

>> No.29045407

>>29045182
very unfortunate, we need more crypto ENF. maybe some public humiliation *cough* AVAX *cough*.

>> No.29045513

>>29045323
Start with a gui. Maybe ubuntu. When I was working at tech companies like five years ago that's what they used so codefags could have their way but admins and pms weren't overwhelmed.

>> No.29045551

>>29044711
The price going up does help the network because it makes it more expensive to 51% attack. There's no reason it would create more centralization - "more efficient" miners just means miners who aren't mining at a loss like that guy. Losing money isn't a sustainable way to decentralize mining and isn't how PoW is meant to work anyway.

Running a node isn't useful unless you are uploading for others or you are mining on it. Volunteering is useful and shilling is also useful. People need to know about Monero - at the very least you'll get more people who can volunteer code.

>> No.29045625

>>29045513
sanks.

>> No.29045660

>>29045407
Someone mentioned it in the last general but the defi space is ironically mirroring the traditional banking house of cards. Just creating "money" and "contracts" that are all derivatives of each other and ultimately have little or no.

>> No.29045690

>>29045323
Start with Linux Mint. Just install and fuck around with it and donẗ be afraid to fuck it up to the point of having to re-install everything. Keep using it and it'll soon be easier to use than windows. I speak from experience.

>> No.29045735

>>29045323
Ubuntu or Xubuntu are my picks personally. Mint is for people who are too used to barebones Windows.

>> No.29045783

>>29045551
51% attacks is done by having 51% of total hashing. Hence centralization of mining is bad. I have no idea where you get the idea from that more expensive XMR means no 51% attack. Maybe you're confused with Proof of Stake vs Proof of Work?

>> No.29045814

>>29045323
>>29045690
also, unironically lurk /g/

>> No.29045912
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29045912

>>29044927
If you're using the GUI chances are you already have the CLI. As far as I remember it comes together on the same zip file. You quite literally just need to open the command prompt, navigate to where your wallet is and run monero-wallet-cli.exe (imagining that you're using Windows but if you're a TrueChad™ then you're using Linux).

This talks bring me back to something that was being discussed yesterday on a general thread: the merits of using a USB stick + Linux Live OS with persistent storage as cold storage. I believe that if the user is even minimally comfortable with using Linux, this would be a viable and inexpensive alternative for backing up cold storage with ease. The wallet keys and the software to sign transactions offline (GUI / CLI / Electrum) can all be inside a VeraCrypt encrypted partition. The immediate advantages would be the ease of cloning the USB into several other USBs to keep backups in different geographical locations. When booting into Linux Live, you don't need to connect to the internet (you can even uninstall the drivers that connect to the internet if you want to go into full paranoid mode) but you can sign transactions and transport them to another device via another USB to broadcast the txs.
The simplest is of course to use a commercial hardware wallet, but then you are trusting the hardware + software developed by the company. Besides vastly limiting the flexibility of being able to multiply the backup easily (needs to buy a bunch of Ledgers?). And I believe (I could be wrong) that the seed for those hardware wallets serves to restore your funds to another hardware wallet of the same brand -- otherwise you need to use external tools to convert your Ledger/Trezor seed to a seed that works in software like Electrum or GUI. If that is indeed the case, there is a certain dependency on the hardware that bothers me.

>> No.29045973

>>29045660
i feel this way. i dont know if its a good thing or not really. defi is copycating tradfi and i wonder if it ill be possiblie for it to suffer the same fate? i just feel like leveraging into infinity will lead to unheard of levels of disaster. idk shit though.

>> No.29046031
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29046031

>>29045912

>> No.29046066

>>29045690
linux mint and /g/. ok. i should probably have a dif comp to do this on and not on my main laptop. il learn about mint. ty fren.

>> No.29046077

>>29045513
Another option if you already have your windows box up and running currently is to boot linux off a flash drive just to play around.

>> No.29046164

>>29045735
ok, noted. ty.

>> No.29046217

>>29046066
Yes, ideally you have an old or secondary machine that you can wipe (again and again) to play around with different distros and Desktop Environments until you get comfortable and have a better idea of what you want

>> No.29046293

>>29045912
Said it better than me. This is the shit right here.
I'm building a desktop soon and these threads have been inspiring. .

>> No.29046598

>>29045323
For people coming from windows I highly recommend linux mint nowadays. Avoid arch and gentoo. While they are good endpoints it might scare you off.

Also it has barely anything to do with intelligence unlike what many people tell you. It has mostly to do with habits. Linux is by far easier to use than windows. Linux is also one of the only ways to stay anonymous. If you are using TOR, VPNs and Monero but still use windows 10 then it might defeat its purpose if the FBI has a backdoor in it. Linux is open source and community vetted so we know it doesn't contain anything like that.

>> No.29046773

>>29045912
first part i understood. i should already have cli, got it. second part, confusing. i understand the idea of runnng linux on a usb. i understand benefits of cold storage, i understand trusting 3rd party proprietary software and hardware defeats the purpose of trustless, i personaly use a trezor so i get it, kinda unnerving. what i need and probably other moneroanons, is a easy way to do this trustless. i want to ditch the hardware wallet. i want to go trustless, im just kinda at a loss as to where to start. sigh. useing windows fked me, i never learned.

>> No.29046782

>>29045660
There is a real place in the world for derivatives and smart contracts. Smart contracts are basically automated trusts. Derivatives allow economic activity in the trade of something to continue even in absence of that thing. Technically making the market slightly more efficient.

>> No.29046799
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29046799

Artist (Autist) who did the OP XMR-chan here... thanks for liking my work! Hopefully the crypto gods will finally give me some gains...

>> No.29046930

>>29046598
>if the FBI has a backdoor in it
It's my understanding that the backdoors are at the hardware level and near ubiquitous across all manufacturers but who really knows :-/

>> No.29047015

>>29046799
Based. May the crypto gods take us to Valhalla

>> No.29047025

>>29032921
I think DASH and zCash and DOG SHIT. but I think I'm gonna try to get some before that privacy summit shit with Edward Snowden in March, if he doesn't mention Monero I atleast want to profit a little bit and then take the profit back to XMR
https://www.prnewswire.com/news-releases/orchid-announces-priv8-digital-privacy-summit-featuring-edward-snowden-301221201.html

>> No.29047093

>>29045783
It's because of incentives. The whole innovation of blockchains is the incentives in proof of work. At $258/XMR with the current block reward of about 1xmr, there is about $185,000 worth of XMR mined everyday. People run their CPUs competing for those XMR and they do it according to the rules so their effort isn't wasted. If you're a bad guy that wants to fuck with the chain or do a double spend or something you can roll back the chain 24 hours for just $185,000 worth of effort. If XMR was the same price as BTC it would be more like $37,000,000 worth of effort because there would be way more people running CPUs because there is more money to be mined. Good, rule following miners aren't going to spend $37m worth if electricity to get $0.2m worth if coins. Higher price = more security.

>> No.29047293

>>29046930
The EU did some investigation into that with the help of ASML and ARM and found that there was no concern of US spying in CPUs supplied by the US (Qualcomm/Intel/AMD). I know that there are some hardware surveillance things in it but they are either deactivated in the EU versions or not baked into the chips to comply with EU security. The EU didn't go into details out of security reasoning and because it's proprietary hardware which they can't publish openly. But it gives me enough confidence to believe it as it would be against the EU's self-interest to lie about.

>> No.29047309

>>29046799
you can seriosuly profit from artwork like this
nice job anon

>> No.29047402

>>29045783
Like its a 51% ATTACK. One entity having 51% of the hashrate isn't technically a problem unless they use it to attack. Centralization is completely separate to my point.

>> No.29047490

>>29046799
Spitballing here
Btc chan mooning a crowd of soi boy incels while pure xmr chan looks away and facepalms

>> No.29047509

>>29046598
ok mint, yes. il dabble and then check out those endpoints. scary is good, long term.
the only coin i hold in the crypto space is xmr, few bucks dabbling is other crap, but im not confident in anything other than xmr. im diving into this headfirst. privacy is severly undervalued and ignored currently. im done playing the surveilance games. i just want some privacy. if monero can protect me, im in forever. if linux can save me from prying eyes, i want in. fk a learning curve.

>> No.29047534

>>29046930
You can kill them, if you have the hardware skill. The program code executed by the internal co-processor is stored on an external spi flash, because integrating flash into a high densitiy CPU is not economical possible. You can modify it with dedicated hardware. One manufactur does that by default and removes eg. the network stack.

>> No.29047689

>>29046799
cant you somehow make this an NFT? make it an NFT and you will make it sir. guaranteed.

>> No.29047723

>>29047293
>The EU asked US companies to rat on their biggest US customers and they said it was fine. No need to worry, nothing to see here.

>> No.29047828

>>29047723
this 100%

>> No.29047855

>>29047093
I see where you're coming from.

>> No.29047861

>>29044927
The beauty of the monero node running as a daemon separate from the wallet is that you can connect whixhever wallet you want to it and nothing changes. The CLI is included with the GUI download already. When opening your wallet you'll need to type it's full file path or it might be easier if you just copy the wallet into the same folder with the CLI.

>> No.29047898
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29047898

>>29046930
There are companies like System76 that sell custom PCs with the Management Engine disabled.

>> No.29047951

>>29036201
Join a smaller pool to keep the consensus decentralized.
Monero is a 1 CPU = 1 vote network, no big asic spenders.

Run a full node to expand the network.

>> No.29048007

>>29047093
I like the way you estimate the cost of attack, it's staight forward and doesn't make many assumptions. Thanks, will remeber this.

>> No.29048037

>>29047861
ty.

>> No.29048050

>>29047898
There's also this
https://github.com/corna/me_cleaner

>> No.29048051

>>29046799
we need a What The Fuck Is That for MONERO.

If you create one I'll donate you $5 in XMR

>> No.29048196

>>29036752
The GUI runs the same CLI in the background, they are not separate implementations.
You get more commands with the CLI and you can work remote, but it should not matter to start.

>> No.29048198
File: 184 KB, 808x1024, 1590711815748.jpg [View same] [iqdb] [saucenao] [google]
29048198

>>29046773
There is nothing wrong with using a hardware wallet like Ledger or Trezor. Thousands of people trust millions and even billions of dollars in bitcoin and monero to these hardware wallets. But that doesn't mean there aren't risk vectors (Ledger's customer database is available on the deep web, which is a perfect recipe for phishing or literally home breaking invasions), plus other limitations like replicability.
I sincerely believe that switching to Linux -- at least on a separate device -- will be easier than you think. Linux today is a very robust and easy to use OS. Creating a so called Live OS Linux on a USB stick is also very easy and there are several open source tools that basically hold your hand and do everything for you (e.g. Rufus) -- just download the .iso image of the Linux distribution you wish to install (I recommend something based on Debian, like Ubuntu, Mint, Tails (advanced) or Debian testing itself).
Summary, if you've never used Linux in your life, get an old laptop or install a virtual machine on your Windows and install Linux Ubuntu or Linux Mint. Then if you want to venture a bit, install Rufus (https://github.com/pbatard/rufus/releases/)) on your Windows and create a USB Live Linux OS with persistent storage and do some testing. Remember to do several tests and a rehearsal before going ahead any backup plan.

>> No.29048257

>>29044597
can relate to this, I prefer CLI tools in general too. Really glad monero has a wallet CLI. Another thing for anons: less bells and whistles means less bugs and less chance for attacks such as supply chain attacks.

>> No.29048263

>>29047509
That's a good mindset and I think most people here agree with that. I think privacy will be the "killer feature" of the 2020s. Even the average joe is starting to care more about privacy due to mass surveilance becoming very evident.

>> No.29048340

>>29048037
You probably also need to run monerod (the daemon) manually. The GUI launches it for you but its just a double click on monerod.exe

>> No.29048352

>>29045323
go to /g/ friendly linux thread

>> No.29048480

>>29047723
ASML and ARM were both EU companies back UK left the EU so ARM isn't anymore. It was their own prelimenary investigation using expertise from ARM as a chip designer and ASML as a manufacturer.

Sure it's possible the EU was just swindled in this case but the EU is usually actually pretty good in the privacy and anti-spying department. At least when it's done by foreign entities.

>> No.29048548

>>29048198
absolutely. thank you for informing me. xmr threads are the best threads on biz. i will begin this journey, thank you again. i will post again after ive done some experimenting.

>> No.29048623

>>29048051
WTFWTs are simple, that's the beauty of them. Also we''ll just get shat on for copycatting. Monerochan is really good stuff.

>> No.29048698

hey guys, the positive reviews for this site "changenow" that apparently swaps cryptos, look completely fabricated
https://www.trustpilot.com/review/changenow.io


agree?

i want some xmr but fuck scams like this

>> No.29048733

>>29048340
more steps, understood.

>> No.29048801

>>29048352
bbookmarked. i will.

>> No.29048824

Great to see all the love for the CLI in here. Using the CLI feels like you are in a cyberpunk novel. It’s so comfy and quick and easy to use. Highly recommend.
>>29046799
Based. Make more!!!

>> No.29048850

>>29036201
Yes but even if your machine is shitty you can expect rewards. It will be a small amount, maybe 0.001 monero per day. I currently mine on Monero Ocean pool with 2 of my old laptops and my current PC and clear about 0.005 xmr per day. It aint much but I'm holding it. I used to mine bitcoin in 2015 and got around 0.01 btc per day which at the time was worth $4, but today is worth $500. Just hold everything you mine.

>> No.29048935

>>29048698
If in doubt consult the OP. Hell even Reddit can be helpful sometimes.

>> No.29049000

>>29048263
privacy will be deemed terrorism shortly here in US. the writing is on the wall. interesting times call for interesting means.

>> No.29049023

>>29046799
Porn is one of the weirdest but also most unique, inventive and funny ways I've seen for shilling a crypto. Wagmi

>> No.29049216

Monero is criminally underrated, no pun intended.

>> No.29049222
File: 97 KB, 698x474, 1613240926917.jpg [View same] [iqdb] [saucenao] [google]
29049222

CRAB KING CRAB KING CRAB KING

ULULULULULULULULULULULULULULUUUUUU

>> No.29049268

>>29048935
yeeeeah I kinda hate the circlejerk atmosphere of crypto-related subreddits. I mean, here is pretty bad, but it's more.. entertaining

local monero seems good. time to get rid of the conbase reward shitcoins and get something actually worth something

might not sell my GRT though, it seems kinda neat and it's early days

>> No.29049272

>>29046799
Your memes unironically increase XMRs value.

>> No.29049273

>>29048480
>ASML and ARM were both EU companies
huh, you're right, didn't know that

>Sure it's possible the EU was just swindled
Both companies have a vested interest in selling their products worldwide. I'm sure the silicon itself is not flawed (expertise of both companies), but the loaded firmware might very well be. It's impossible to independently verify each and every PC shipped. If they knew about malicious firmware it's likely because 3 letter agencies hold them at gunpoint. Their hands are bound, so the only thing they can say is "the silicon is fine".
Bit paranoid, but retroactive paranoia never works.

>> No.29049339

>>29038547
Are you lying? You can't mine Monero with a GPU

>> No.29049392

Why did the gay Jannie delete the non nude OP?

>> No.29049417

I'm also a drawfag looking to advertise monero, got any fun ideas for a drawing?

>> No.29049509

>>29049000
https://youtu.be/y8TGLLQlD9M

Ladies and Gentlemen, I would like to summarize for you the meeting that I have just had with the bipartisan leaders which began at 8 o’clock and ended 2 hours later. I began the meeting by making this statement, which I think needs to be made to the nation.
America’s public enemy number 1 in the United States is Privacy abuse.

>> No.29049544

>>29049339

nub

>> No.29049630

>>29032871
THREADLY XMR REMINDER

It all goes through globohomo tubes. They run the infrastructure.
They know you.
They know you have XMR.
They know where you send your XMR.

>> No.29049646

>>29049392
Because fuck jannies, that's why

>> No.29049648
File: 1.02 MB, 283x198, Monero_general.gif [View same] [iqdb] [saucenao] [google]
29049648

>> No.29049700

>>29049417
Draw xmr Chan with cute cleavage or booty.

>> No.29049728

>>29049339
Not lying just forgot to add that I use the GPU mining to generate XMR using a swapping pool (means the pool generates lots of different currencies and you can choose what you want to be paid out in). I thought it would be obvious to people reading it.

>> No.29049811

>>29049417
Draw a male XMR cucking a male BTC and have the girl be the "dark web"

>> No.29049867
File: 73 KB, 720x362, 20210218_122409.jpg [View same] [iqdb] [saucenao] [google]
29049867

>>29048698
Changenow is what cake wallet uses for btc/xmr swaps. It works. I don't know enough to rely on it or trust it with large swaps.

>> No.29049906

I actually stumbled on the thread late, and thought the "file not found" icon was an appropriate pic for a privacy coin thread

No boobs though so no interest or w/e

>> No.29049996

>>29049867
oh ok, cool. good to know

>> No.29050044

>>29047490
>>29049417

>> No.29050123

>>29049630
Can we please keep the schizophrenia confined to the XRP threads?

>> No.29050153

>>29049728
Whats kinda hashes you pulling doing that? Got a 970 I'd like to fry for some xmr.

>> No.29050175

>>29049811
rolling for this, trips get

>> No.29050210

>>29049728
What pool?

>> No.29050325

>>29049417
Medieval aesthetic please

>> No.29050406

>>29049728
For GPU mining I use Moneroocean to mine ETH and get paid in XMR

>> No.29050428

>>29049630
Good job not understanding cryptography, now go back to XSG

>> No.29050611

>>29050406
Can you do that with xmrig?

>> No.29050805
File: 622 KB, 2020x2554, 1596026801155.jpg [View same] [iqdb] [saucenao] [google]
29050805

>>29049630
>It all goes through globohomo tubes. They run the infrastructure.
>They know you.
>They know you have XMR.
>They know where you send your XMR.

Something like:
>be me, ultra normie
>sees that bunch of stores accept xmr
>buy some xmr on KYC exchange to buy stuff
>don't buy anything
>send monero to a different wallet in a few transactions
>knock knock, it's the IRS
>"hi I have no xmr, I bought it in 2020 to buy stuff online"
>"what stuff?"
>"not gonna lie sir, i bought some weed and cuban cigars from a guy online on craiglist"
>"here, look, these are the transactions"
>show transactions from the first wallet
>"ah ok have a good day sir"
>"thanks"
So, nah, even in a full police state scenario you still have plausible deniability. Monero always wins.

>>29050611
Yes. MoneroOcean has their own fork of xmrig so you can mine multiple currencies and get paid in XMR... Or it was like that a few years ago. MoneroOcean.stream, check it out. I like MoneroOcean because it kinda works with Gresham's law: it mines a bunch of currencies and sell all the bad money for good money (monero).

>> No.29050855

Fucking boomer ass, sexually frustrated faggot nigger Jannies deleted OPs pic. Can I get a big “FUCK JANNIES”?

>> No.29050936

>>29050406
why not just mine eth directly and do the swap yourself?

>> No.29051141

>>29050805
I've been using xmrig and supportxmr pool. Can you tell me what to plug into config to start using a gpu and cpu for the moneroocean pool? Tried to do it on a config wizard but want to double check.

>> No.29051183

>>29050855
here here, fuck jannies.

>> No.29051339
File: 1.85 MB, 3508x2480, moneroChan.png [View same] [iqdb] [saucenao] [google]
29051339

>>29049417

do we need to standarize monerochan?? the newer pic related boobas are on the excessive side. but maybe monerochan bustiness needs variety??

>> No.29051627

>>29051339
Different artists have different interpretations. It’s pretty based. We will have a harem of Monero Chans by the end of this bull run.

>> No.29051661
File: 1.54 MB, 2176x2241, 20210218_124239.jpg [View same] [iqdb] [saucenao] [google]
29051661

Is this crop jannie approved? I'm not trying to be disrespectful. I understand this is a blue board.

>> No.29051862

>>29049630
i mean i wouldn't be surprised if some federal agency is running a monero node somewhere.... but the information going through my node is all encrypted transactions and noise... ive got no clue whats going on other than the outward facing information visible to everyone

>> No.29052572
File: 738 KB, 1242x1497, AE114110-4126-4909-9113-A69B529DA333.jpg [View same] [iqdb] [saucenao] [google]
29052572

Was deleting old pics and found this gem.

>> No.29052959
File: 8 KB, 364x137, file.png [View same] [iqdb] [saucenao] [google]
29052959

yo.... am I really going to get one monero a month for free? kek I can't believe people will actually give me monero for their eth

>> No.29053161

>>29052959

how???

>> No.29053670
File: 141 KB, 740x640, 1589236667731.jpg [View same] [iqdb] [saucenao] [google]
29053670

>>29052959
>for free
There's no free lunch. You're at this very moment being part what's probably the next ponzi scheme on cryptocurrency to the likes of Bitconnect. You can make some money but EVENTUALLY it will all come down. Be smart to get off before it happens. I prefer to not participate on it because I would never trust the keys of my XMR to some random software developer. You're going to make it if you hold your XMR safely; don't be (too) greedy.

>> No.29053698

>>29050428
>>29050805
>>29050123
>>29051862
I studied cryptography for years.
The break point is not the cryptography. As the 4th respondent to me actually hit on the key point.
They know everything that happens before and after.
They can piece together what you are doing quite easily.
For fuck's sake...you are all on 4ch talking about how you have Monero.
lmao

>> No.29053966
File: 5 KB, 190x144, file.png [View same] [iqdb] [saucenao] [google]
29053966

>>29053670
You misunderstand anon, i'm just mining eth with a rtx 3090 then swapping it to monero. You think I would trust people?

>>29052959
rtx 3090

>> No.29054056

>>29053698
you're right. beijing biden actually has the authority to come into my house and take a shit on my desk. do you think he is going to?
i wouldn't disagree if you predicted we're heading towards a china-like police state that throws due process out of the window, but this is not a fault of the monero protocol.

>> No.29054349

>>29054056
Well he doesn't have the authority to do that.
I'm simply pointing out to anons that think they are safe that they are never safe and the idea of a "Monero General" wreaks of a honey pot and at the very least I'd not post online about how I have Monero and about how no one can find out about.
May as well paint a target on your head.

Until you are allowed to spend your Monero all over the place, you will have to convert it, and then you are basically done for.
I don't cheer for this.
It's just reality.

No. They won't come after you if you are a piss ant. But most people here aspire to eventually be more than a piss ant.

>> No.29054396

>>29054056
as for "They know everything that happens before and after."
if you've purchased xmr on a kyc-compliant exchange or mentioned it on 4chan, they know you own xmr. if you cash out xmr on a kyc-compliant exchange, or deposit large sums of cash into a bank account, they know you moved your xmr.
the whole point of monero, and the reason why you hear so many people saying "there is no exiting monero" in this circle is because the whole point of monero isn't speculation and profit, but maintaining obfuscation of funds from agents of the supreme authority. once your money goes into monero you should absolutely not take it out; as long as it stays in monero, the feds are clueless

>> No.29054554
File: 222 KB, 639x356, 3090.png [View same] [iqdb] [saucenao] [google]
29054554

>>29054349
You're implying that people in this thread don't plan to pay capital gains taxes or do something illegal with their monero. Many people here understand the tax dodging & illegal transaction use case, estimate an increase in demand over time, and plan to sell their monero to people who need it.

It's something that's genuinely useful to have, and you can have it as a law abiding citizen.

>> No.29054643
File: 140 KB, 420x420, 1583419612735.png [View same] [iqdb] [saucenao] [google]
29054643

>>29053698
You need a reality check. You're being ridiculous if you honestly imagine that there's an interest of Nation States (not everyone here is American, you know?) in discovering who the neckbeards behind the posts made in a general thread on /biz/ are, collaborating with multiple international agencies and even abroad internet service providers to pinpoint every IP here to a physical address. Your line of thinking is completely in line with people who believe they are being followed by the government 24/7. Most people here don't even have $10,000 to their name. The authorities have more important things to do like hunting down literal pedophiles and international traffickers on the deep web. And if they want to go after crypto hodlers there are a bunch of people out there who owns more than all of us combined.
If this post of mine is not enough to give you a reality check I recommend that you see a therapist because you are not of sound mind and might need help.

>>29053966
My fault, I thought that screenshot was for one of these lending projects out there. Keep mining and selling ethereum, yes. Fuck that.

>> No.29054751

>>29054349
and lastly as daniel kim mentioned in his most recent presentation, it is in the supreme authority's financial interest to not ban (and subsequently not peruse with force) monero and its users because they stand to gain revenue through taxation on the legal, regulated use of the protocol as opposed to throwing all hodlers into a gulag, never to recover their wallet seeds and their dollar value.

>> No.29054966

>>29054396
Good advice. I don't hang around Monero crowd much so I don't know the general attitude. But this general seems counter to that.
This is still the bleeding edge.
Everyone here is going to bleed so that the future generations can do what they are idealizing about.
We are a long way off.
Cheers

>> No.29055364

>>29054643
>an interest of Nation States
>in discovering who the neckbeards
Well that's a stretch from what I said.
They have an interest in maintaining control over the money supply.
Anons that think they are getting away with something will be collateral damage whether they shave infrequently or not.
I have a neckbeard.
Examples are made.
>>29054554
>You're implying that people in this thread don't plan to pay capital gains taxes
This is what I am implying and the vibe I get from most Monero posters online.
Perhaps I have been fooled by well poisoners. That is possible.
>>29054751
I'll check into the presentation.
Off the top of my head though, maintaining control of the money in general is far more valuable than taxation skimmed off the top of it.

>> No.29055393

>>29054751
Also, you can't "ban" crypto in a multi national environment. China has "banned" crypto. When you ban crypto out of your country what ends up happening is crypto capital just escapes your country, leaving you worse off.

I believe the biggest threat to monero is really nation states compromising the technology itself - all software has bugs and it isn't difficult to introduce them. I genuinely believe that monero is a threat to nation states, specifically their control over conventional currency.

>> No.29055487

>>29054643
>The authorities have more important things to do like hunting down literal pedophiles and international traffickers on the deep web
lmao dude
You are blue pilled as fuck.
The governments and agencies ARE THOSE PEOPLE.

>> No.29055712
File: 259 KB, 463x453, 1603805562274.png [View same] [iqdb] [saucenao] [google]
29055712

>>29054643
Anon, the threat is the IRS. Remember the Tampa twitter hacker? Look into the news articles, the IRS found him, not the FBI or NSA.

>> No.29055984

>>29039080
kek

>> No.29056124
File: 41 KB, 725x192, file.png [View same] [iqdb] [saucenao] [google]
29056124

>>29055984

>> No.29056151

>>29052572

I don't get it can someone explain

>> No.29056214
File: 7 KB, 236x236, drunkalien.jpg [View same] [iqdb] [saucenao] [google]
29056214

>>29056124
meant
>>29055712

>>29056151
welcome to 4chan, new friend. repeating digits are magical here

>> No.29056336

>>29054554
>You're implying that people in this thread don't plan to pay capital gains taxes or do something illegal with their monero.
I don't use monero for either. There is no tax in on crypto gains my country if you hold longer than 1 year (as if I'm selling my xmr anytime soon, lol) and I have no need for regulated substances.
I DO use monero to pay for privacy enhancing services (such as vpn) and to donate to NPOs and independent privacy researchers.
In my opinion privacy is necassary to ensure freedom of speech, which is one of humanities greates tool to solve all kinds of issues.
Making some profit is a great side effect, so I have more capital to poor into my beliefs in the future.

>> No.29056448

>>29056336
based. Me neither, I also lost all my monero in a boating accident yesterday

>> No.29056583
File: 502 KB, 451x379, 1602053829213.png [View same] [iqdb] [saucenao] [google]
29056583

>>29055364
It is important not to underestimate human nature of wanting to be free. The deep web does not exist as a huge honeypot. It exists because there are people who want to consume information and products like drugs and weapons, which are not accepted within the society where they live. I think it is irresponsible to imagine that "pedophiles and international traffickers" are, in total equivalence, the government and law enforcement agencies.
This post >>29049630 doesn't specifically talk about paying taxes, it goes deeper into the idea that regardless of what you do, it's impossible to have monero and not be a known entity at the same time. I reject such a statement because it's not true.
>>29055712
And about paying taxes, honestly, if you don't have a citizenship in a place where you can withdraw your cryptocurrencies paying as little as possible, it's important to start considering the option. Otherwise, simply bear the consequences of paying what is due for you to live in whatever society you are without problems. This is considering if you bought XMR on an exchange with KYC and sold for capital gains, which is completely normal and acceptable, and people here clearly understand that entities, private and governmental, know THIS fact specifically... What happens with the XMR next no one will know (if you're smart).

>> No.29056978

>>29054643
>The authorities have more important things to do like hunting down literal pedophiles and international traffickers on the deep web.
implying those are not one in the same

>> No.29057142
File: 305 KB, 1024x909, download.jfif.jpg [View same] [iqdb] [saucenao] [google]
29057142

Long term hodler

I traded all my BTC for XMR back in 2018. I left some on Poloniex though (this is relevant later).

I have a wallet on my other machine that I haven't touched since 2019. Literally its just been sitting there. I fired it up yesterday and its fine, I see a balance of [unknown amount] but for the sake of ease lets call it 70 XMR. Daemon is version 14 so obviously I need to upgrade but I haven't ran the node in literally something like a year.

I decided to download and run the MyMonero desktop wallet. I did so and entered my restore mnemonic. It pulled up a balance of [unknown] but again lets just call it 30XMR.

>wut

Ok I'm thinking that this wallet isn't going back on the blockchain far enough, and this 30XMR might be the stuff I finally withdrew from Poloniex last year. (My personal accounting spreadsheet shows 100XMR total). MyMonero seems to want to charge a fee to go back longer than its default blockchain height though, so I said fuck that and downloaded the official GUI wallet.

I did so, set a block date of mid 2016, and let it do its thing (connecting to a remote node via VPN, and again using my restore mnemonic). This fucker shows a balance of zero.

Both MyMonero and the official GUI wallet are restore using my mnemonic. They show the correct wallet recieve addresses. Anyone got an idea what is going on? I am probably just going to fire up my old machine, install the new daemon/cli and sync up manually, but I want to understand what the hell is going on here first.

Thanks guys.

>> No.29057534

As I accumulate more monero I am starting to feel like a villain. Not like a bad person that needlessly hurts people. Just someone that is vilified by society. I realize how a lot of things that society accepts as normal and good are actually evil. Some of the things I am passionate about are illegal. Hopefully I can find way to make money while at the same time supporting my passions. Not sure if those 2 things mix but it’s way easier to stay focused on something I care about.

>> No.29057578

>>29057142
use the wallet cli, set the block restore height to 0, resync your wallet, hope you have an NVMe because it's going to take a while to resync otherwise

good luck

>> No.29057721

>>29057578
thats probably what I am going to do, but I also want to know why restoring from my mnemoic isn't working out. This is a serious safety/backup thing and I want to know what is going on.

>> No.29057781

>>29057142
download your own copy of the blockchain and use that. make sure you're not connected to any hostile nodes by using the --enable-dns-blocklist startup flag.

>> No.29057851

>>29057721
idk what MyMonero wallet is, hopefully it wasn't compromised software you were running. Use the wallet-cli/gui, and check the hashes

Do what >>29057781 is suggesting, run your own node.

>> No.29057859

>>29032871
Monero is just a fork of bytecoin
buy 0XMR

>> No.29058125
File: 2.00 MB, 3300x5100, 1592569013607.jpg [View same] [iqdb] [saucenao] [google]
29058125

>>29057142
>I did so, set a block date of mid 2016, and let it do its thing (connecting to a remote node via VPN, and again using my restore mnemonic). This fucker shows a balance of zero.
If you are sure the wallet finished scanning the whole blockchain and is not showing the correct balance may I ask you to please inform the MyMonero developers so they can fix whatever this bug is? Thanks.

>>29057534
You are not the villain, anon, on the contrary, you are the hero of human history.

>>29057859
welcome back pajeet
you can gtfo now

>> No.29058155

>>29057781
and while you're waiting for the node to sync check the version of mymonero you were using and if possible verify its signature. im not too familiar with the situation but apparently mymonero has been subject of different scams/fake websites

>> No.29058442
File: 94 KB, 700x457, fetchimage.jpg [View same] [iqdb] [saucenao] [google]
29058442

>>29057859

NOPE. FOR THE LAST TIME 0XMONERO IS STILL VAPORWAVE BULLSHIIIIIIIITTT
JUST LIKE THE LAST FUCKING HUNDRED TIMES YOU SPAMMED YOU FUCKIN IDIOT STOP TRYING TO STEAL FROM PEOPLE BY LYING TO THEM
https://www.reddit.com/r/CryptoMoonShots/comments/i27fhk/0xmonero_summary_of_findings/
>>>>/biz/thread/S24750658#p24755504

>> No.29058516

>>29051661
Show more skin near crotch.

>> No.29058538

>>29058155
my worst nightmare. i check md5 hash every time i run software. also god bless arch linux

>> No.29058693

>>29057534
you're not alone anon
https://www.amazon.com/Everything-Want-Do-Illegal-Stories/dp/0963810952

>> No.29059018

>>29055712
ogey

>> No.29059238

>>29057781
>>29057851
MyMonero offers a local wallet. I havn't seen any complaints about it. I did my research on it, believe me.
And if it robbed me, Idk why they would have left the 30XMR in it that I found. This is the big thing that makes me suspect this isn't theft (with MyMonero).

As for the official wallet, I downloaded it from the getmonero.org and yeah, the hashes check out and it shows zero balance.

>>29058538
I accidentally ran a SHA1 verification just now instead of 256 that I needed to. Almost shat my pants.

>> No.29059597

>>29059238
Mymonero is the most widespread scam wallet for monero! Yes, there is a niche legit wallet called mymonero, but there are very widespread scam wallets being spread around for it. The android app for example on the playstore is a scam, as well as some windows downloads you can find in search results!

>> No.29059775
File: 10 KB, 491x326, portfolio.png [View same] [iqdb] [saucenao] [google]
29059775

>>29058442
i coinfes

>> No.29059786

>>29033021
Why was she deleted
Wtf anons

>> No.29059864

Why the pic is deleted

>> No.29060059

>>29059597
Its not an android wallet, its windows. From literally MyMonero.com.
This is linked on the r/monero sub (inb4 reddit) and there have been no complaints about it.
Additionally, why leave 30XMR there if its a scam?
I'm just going to upgrade my monerod/cli on my old machine an sync up to remove any doubts/whatifs, but I really doubt this is a scam. I'm not downloading random bullshit off the internet. I literally just checked for the second time that the official GUI installer was legit.

>> No.29060247
File: 409 KB, 1000x1416, 1505185532555.png [View same] [iqdb] [saucenao] [google]
29060247

>>29059864
because its low quality

>> No.29060264

>>29059775
nice!
is there a portfolio tracker that I don't need to enter transaction prices / details? I just want to enter my total amount of xmr and then be able to see its current value

>> No.29060337

>>29059864
Jannies don't appreciate our creative means of advertising

>> No.29060361

>>29059597
dont know much about mymonero. do they use the same type of seed you can plug into the cli?

i would just dl the latest cli, del the chain, and resync from scratch. there could be some fuckery going on since you fired up version 14 which has been forked on already.

>> No.29060695

>>29060361
to funds anon
https://www.getmonero.org/resources/moneropedia/mnemonicseed.html
according to this webpage mymonero doens't use the same mnemonic as the monerod cli. if you're typing a 13 word seed into the cli/gui you won't get the same wallet as you would in mymonero.

>> No.29060745
File: 68 KB, 1498x564, coinmarketcap.png [View same] [iqdb] [saucenao] [google]
29060745

>>29060264
coinmarketcap goto xmr and fill in unknown amount

>> No.29060884
File: 437 KB, 1080x1519, 1603300130294.jpg [View same] [iqdb] [saucenao] [google]
29060884

>>29059597
>>29060059
>>29060361
MyMonero is an actual web light-wallet that has been developed with the help of the community and core developers. It's managed by community-approved members and it's not a scam. It's was considered mainly a web wallet though, so that comes with a series of risks (like using the seed as login). MyMonero has been target for many years now of malicious entities phishing, buying weird domains like mymōnero.com and scamming people out of their moneroj.
If >>29060059 downloaded the actual wallet from the correct website, he's most probably safe.

>> No.29060980

>>29059775
based
>>29060337
fuck them

>> No.29061140
File: 1.46 MB, 1280x720, file.png [View same] [iqdb] [saucenao] [google]
29061140

just saying, the levels of comfiness in this thread are similar to the comfiness in the pre-pump eth threads

I think in general XMR attracks software engineers/CS grads/mathematicians in general. I learned about XMR first when someone made a presentation on ring scheme signatures for my CS crypto class

>> No.29061536

what are the risks of using a remote node?

>> No.29061757

>>29061536
none, just use a well known node like xmr.to's

>> No.29061872

>>29060695
he needs to get his real monero seed then. can he export it from mymonero?

>> No.29061996

>>29060884
This seems like it has no purpose to exist but it screws everyone over who'd try to use their seeds in the better wallets, why the hell was this even made?

>> No.29062293

>file deleted
wow the mods are literally gay.

>> No.29062454

>>29056583
I've been using Tor since it existed. I understand what the deep web is.
I just think you are better off avoiding the internet all together if you want to do those things.

>> No.29062497
File: 768 KB, 2602x674, 1607010646185.png [View same] [iqdb] [saucenao] [google]
29062497

>>29061996
There was a time in monero's life that the only official wallet implementation was the CLI, and people at the time were urging for any kind of GUI wallet. MyMonero was developed by a member of the community (actually fluffypony but it was never considered part of the Monero project, which is the right thing) and made ultra easy for people to create wallets, what attracted a bunch of miners. With the release of GUI in future years MyMonero lost a lost of relevance but still functions.

>>29061536
read moneroworld.com
>Using a public remote node has its risks. The primary risk is that a public remote node can get your IP address. If a public remote node is malicious, the node operator now can associate a transaction with an IP address. They could also know that there is a user of monero with an ACTIVE wallet at a given IP address. They could then scan your IP address to try and identify any open ports. If they find any open ports, they can test these ports to see if they can get in to your computer. Granted, this is true of ANY IP address that can be obtained from the monero peerlists. TL;DR, run your own node. If you can't, make sure you have good firewalls, wallet passwords, and malware scanners.
>Public nodes should be considered a last resort if you can't get your own node working. The entire value of a decentralized cryptocurrency is its decentralized nature. If you are a mobile user, you can even setup your Moneroju wallet to connect to your home node. Please, take the time to try running your own node, or perhaps just use a remote node until your daemon is synchronized.

>>29062454
lmao

>> No.29062502

>>29032921
Monero IS a cheap privacy coin. The entire sector is massively undervalued.

>> No.29062584

G
R
O R G A N I C
W R
T O R G A N I C
H W R
T O R G A N I C
H W
T
H

>> No.29062676

>>29060247
Low quality threads and pics now forbidden on /biz. You heard?

>> No.29062699

>>29062497
>They could also know that there is a user of monero with an ACTIVE wallet at a given IP address. They could then scan your IP address to try and identify any open ports

jesus that's actually genius.. if someone has an sshdaemon open with user/password enabled it'd be trivial to brute force into there and install a keylogger

>> No.29062875

>>29062497
Existed publicly is what I clearly meant
I'm old. Used it when I first went to college.
Could have been publicly available a year before I was using it frequently.

>> No.29062947

>>29062497
>They could then scan your IP address to try and identify any open ports. If they find any open ports, they can test these ports to see if they can get in to your computer
well shit i fucked up

>> No.29063048

>>29062497
Also...
>I reject this statement because it's not true.
That person is certainly not you.

>> No.29063176

>>29045912
No. You're still retarded. You're trusting hardware and software either way. The difference between hardware wallets and DIY airgapped computers is that hardware wallets are made for the sole purpose of securely signing crypto while your DIY airgapped solution is attempting to overcome massive attack vector surface area to do something (airgapping) that Iran's nuclear program and the US DoD have both fucked up. Meanwhile hardware wallets only have to do one thing, so they can be designed to do it very well, and they can be thoroughly tested, which they have. As for back ups, seeds are better. There's a reason it's a standard, and you seem to not know that it is, in fact, a standard. BIP-39 mnemonic seeds are standardized way of backing up keys. Any wallet that supports BIP-39 will create a seed that will work with any BIP-39 supporting wallet. It's a standard. Further, while you could encrypt the seed and store it on a flash drive, the standard has a standardized solution. The seed can be combined with a passphrase of your choice, and the same seed will produce keys specific to any passphrase. So you can remove the dependency on flash memory and etch your seed on steel, and protect it with the same passphrase you would have used for your encryption.

>> No.29063224

>>29062497
>If a node is malicious.....
so just choose a trusted node ran by a legit project like xmr.to, moneroworld, monero space, or any big pool? That's it, all risks eliminated, was that so hard?

>> No.29064448
File: 443 KB, 1639x2048, 1607238060165.jpg [View same] [iqdb] [saucenao] [google]
29064448

>>29063176
Oh I wish everyone were following one single standard for mnemonic seeds. Ledger uses BIP-32, Trezor uses BIP-39. In the end in a diverse cryptocurrency environment you will need to relay on mnemonic seed converters. I dream of the day all wallets are supporting the standard that lets the seed to be combined with a passphrase, that would be ideal.
It's all about the trade offs. I clearly admit that using a commercial hardware wallet is the simplest solution, but it's not perfect for all cases. Again, not everyone lives in a country where you can safely buy (or afford) a commercial hardware wallet. Having a USB stick also gives you some more flexibility with being able to back up more than just your keys. Yes, technically this solution can be considered less safer than having a device that has been constructed uniquely to cryptographically sign a transaction, but honestly ask yourself what are the chances that a random person will be target of a hack that would inject malicious code on a OS that was booted from a USB stick. What computer would be infected with a virus residing on the memory that would inject on the USB on boot? Are you plugging your USB on the CIA headquarters? 99.99% of the people would be reasonably secured using this DIY solution.

>> No.29064689

>>29064448
couldn't you store a seed on an etched plate, but encrypted using a passphrase that only you know, and hidden in two areas where you would be alerted immediately if it was compromised? That way you'd have enough time to move your funds away (for the attacker to break the crypto on your seed)

>> No.29064697

>>29062497
>>29063224
is daemon a trusted node?

>> No.29064937

told you yesterday monerobros, that we will be back to xmr~160usd, but its good for me i will buy more cheap xmr

>> No.29065203
File: 1.41 MB, 2284x2284, 0a1bb841fc3aa6c3ab21dceab4a58620.png [View same] [iqdb] [saucenao] [google]
29065203

>>29064937
Which means I might be down half, but oh well. Guess I deserve that one.

>> No.29065302

I'm all for monero too but as for market entry, you'd have to be a complete retard to buy XMR right now over ~$200. It's overpriced as shit given the short time. It will correct downwards pretty hard soon. I'm expecting $170 to be a good entry.

>> No.29065449

>>29065302
I should have bought when it was $150. Damn it.

>> No.29065515
File: 475 KB, 945x745, never selling.png [View same] [iqdb] [saucenao] [google]
29065515

>>29065302
cope harder. buy xmr

>> No.29065679
File: 1006 KB, 744x1052, 1602322517318.png [View same] [iqdb] [saucenao] [google]
29065679

>>29064689
There is no perfect formula or backup plan that simply works for everyone. In your case this may be the best option, for others it may not. The common elements that need to be thought of when devising your own plan are: portability to different devices/software, accessibility in different geographic locations, risk of some third party having unrestricted access to your wealth (e.g. storing the mnemonic seed directly on a piece of paper anywhere in the world), being future-proof, and writing clear instructions on how to access your crypto in case of your incapacitation (for a family member, etc). I also would never recommend storing your mnemonic seed on an unencrypted file that is exposed by the internet via a connected device.

>> No.29066140

>>29065302
doubt it. It may come down to ~220 but it would be short lived. BTC ratio has a long way to run. xmr playing catch up right now

>> No.29066740
File: 11 KB, 277x182, semiconductor.jpg [View same] [iqdb] [saucenao] [google]
29066740

New to mining. I am using XMRig and am apart of XMRPool. I've got a Ryzen 3700x (8 cores).

1) How many cores should I dedicate to mining? All 8 cores at night when I am sleeping, and something less than 8 during the day when I am on the PC? This is my gaming PC by the way. I am using all 8 cores now and XMRig CPU usage is at about 60% (shouldn't it be at 100%?)

2) XMRig is using about 2.5 gigs of RAM out of 16 gigs that I have. Is this normal?

>> No.29066879

>>29064937
Zoom out. It’s a bull flag.

>> No.29067163

I looked in XMR mining a bit. It's still a minable coin if you have anything over a ryzen 9 3900X. I have 2 ryzen 7 2700X's but the electricity costs of where I live won't make it worth it. A powerful CPU can break even if you constantly mine it for a year, especially this year being a bull market. Ideally I'd like to move an operation like this to a shit hole country where the costs are cheap. Rather than mining it I think it's better to just buy and hold. Assuming there's no inflation bug or exploit that would go further in helping increasing the price. Mining is just for the keks if you live in a 1st world country. Sure you feel good about making $3/day on paper but meanwhile you are getting electric bills that offset that $3/day. This is why I'm eyeing cheap countries to live in where the women are hot and the electricity is cheap. I'm thinking Ukraine or Russia.

>> No.29067200

>>29066879
Kraken 4h showing a very healthy sell off after the fat pumps we just got. Going back up soon.

>> No.29067278

>>29066740

yeah it is normal to use that much of a ram or more

>> No.29067414

>>29032871
>>/biz/thread/S29032871#p29032871

>> No.29067487

>>29067200
It's probably going to retest key resistance of 0.0052btc a couple more times then breach it maybe.

>> No.29067502

>>29066740
Make sure to recompile XMRig because it has a 1% donation fee in it that automatically gets taken from your mining. It's in Donation.h

I mine using all cores and threads and mine with my gpu on a seperate miner for a double whammy.

>> No.29067541
File: 106 KB, 1146x875, costs.png [View same] [iqdb] [saucenao] [google]
29067541

>>29067163
why is Monero mining much less profitable than ETH mining? I mentioned to someone I had a Ryzen 3700x and a 3070 GPU and someone said mine XMR with your CPU and mine ETH with your GPU. but crunching the number now, why even bother with mining XMR? You make a strong point

>> No.29067744

>>29067163
I've lived in Ukraine before. Electricity is not as cheap as you think and there are lots of hidden costs. Wouldn't recommend Russia as it's a hastle to get into Russia (need visas and lots of moving to embasies if you stay long term).

>> No.29067964

>>29067541
Mining ETH takes almost 0 CPU usage so if your PC is running anyway to mine might as well let your CPU mine tha $0.80 a day as well.

Mining isn't worth it for profit. You'll break even at best unless you expect the valuation of whatever you mine to increase.

>> No.29068050

>>29066740
just set the resource priority to below average in task manager

>> No.29068052
File: 17 KB, 225x225, 1611149866343.jpg [View same] [iqdb] [saucenao] [google]
29068052

>>29058125
Fuck this stupid BLM bourgeoisie vs proletariat bullshit image, use this one instead:

>> No.29068206

>>29067163
Monero is just so shitty and unprofitable to mine. I don't understand why anyone would be incentivized to support the XMR network over others that reward far better returns. Anyone with a brain would just mine eth and buy XMR if they wanted to but what about the overall health of the network?

>> No.29068357

>>29066740
>and XMRig CPU usage is at about 60% (shouldn't it be at 100%?)
XMRig chooses the most efficient way to mine those algorithms based on your CPU. Sometimes lowering the burden actually raises the hashrate for example if your cpu cache isn't big enough.

>> No.29068589

>>29064448
>Ledger uses BIP-32, Trezor uses BIP-39
?
They both use BIP-39. BIP-32 is a method of creating HD wallets, not a method of encoding a seed for those wallets in words. BIP-44 is an implementation of that method. BIP-39 is the only one of the three that deals with mnemonics.
>I dream of the day all wallets are supporting the standard that lets the seed to be combined with a passphrase, that would be ideal.
Both Ledger and Trezor do. Most software wallets do. It's a notable exception if a wallet doesn't. And an additional passphrase is a part of the BIP-39 standard.
> What computer would be infected with a virus residing on the memory that would inject on the USB on boot?
Any rootkitted computer. Any computer you don't own and can't guarantee physical access history. Hardware wallets aren't just simpler, they are also objectively more secure.

The underlying problem is that backing up keys on a USB fundamentally requires they be exposed to a general purpose computer, and standard exists to make backups easier and more secure.

>> No.29068755
File: 368 KB, 588x680, 5A0E3A41-4AC1-4D3C-BCC0-B78947AFC2AA.png [View same] [iqdb] [saucenao] [google]
29068755

>>29068206
Ahem.

>> No.29068769

>>29068052
RECREATIONAL McNUKE INCOMING

>> No.29068967

>>29068755
That's foolish. No business would want to reduce the demand on their own products just to appeal to one group. In any case, returns for XMR mining will stay shit and will remain shit.

>> No.29069090

>>29068755
pure publicity.

>> No.29069122

>>29068967
It's product segmentation. This way they can guarantee low prices for gamers and higher prices for miners so that Nvidia has more customers and profit catering to both at different price points.

>> No.29069199

>>29068967
How big is your stack, fud boy?

>> No.29069431

>>29068755
I hate this because they're literally locking features behind paywalls

>> No.29069685
File: 31 KB, 838x874, gnuchad.png [View same] [iqdb] [saucenao] [google]
29069685

>>29069431
you should have listened

>> No.29069713

>>29068755
Wtf is this real
Also where can I get information on checking if my houses electric box is proper functioning. I want to get into mining but I dunno what cards are good for it and even if my old ass 1930s house can withstand it...
After seeing that image I have to wonder even more what the hell is good and cost efficient. I imagine older GPus are worth more now due to whatever that nigger shit nVidia is pulling?

>> No.29069730
File: 1.57 MB, 1684x1067, 1610052457160.jpg [View same] [iqdb] [saucenao] [google]
29069730

>>29051661
where to read that comic?

>> No.29069844
File: 177 KB, 664x611, file.png [View same] [iqdb] [saucenao] [google]
29069844

>>29069431
oh no no no no no

>> No.29069895

>>29069713
It’s real, check “BBC News (World)” on Twitter, it’s a few posts down the account is very active.

>> No.29070083

>>29069844
Shorting Nvidia right now is probably a sure shot, huh...

>> No.29070214
File: 403 KB, 1424x2048, 1604414883079.jpg [View same] [iqdb] [saucenao] [google]
29070214

>>29068589
>?
BIP-32 can exist independently from the BI-39 as far as I know, but I can be wrong.
Truth is many people will use software that don't follow this standard. Lightning network daemon uses aezeed to improve upon BIP-39. Monero software doesn't use BIP-39. While I wish this would be the standard everywhere, it isn't, so there's no avoiding needing mnemonic seed converters of some sort in the future.

>Any rootkitted computer. Any computer you don't own and can't guarantee physical access history.
>The underlying problem is that backing up keys on a USB fundamentally requires they be exposed to a general purpose computer
I didn't deny hardware wallets can be objectively more secure, but I think you're greatly exaggerating the risk factor of having people plugging their USBs in rootkitted computers. These threats are not even close to being real to the extreme majority of average users. It's common sense to imagine that most people would access their cold storage on a new computer or a computer that they already own, fully formatted, and believe is safe from a hardware perspective.
Security, as privacy, is a spectrum and different people are subjected to different threat levels.

>> No.29070479

>>29069685
YES, I WILL CONTRIBUTE TO NOUVEAU'S DEVELOPMENT
NO, I WILL NOT BUY YOUR ASIC

>> No.29071545

>>29060695
you neeed to use the cli if you have a old 13w seed recreate the wallet and than u can use this with the gui

>> No.29071680

>>29070214
>BIP-32 can exist independently from the BI-39 as far as I know, but I can be wrong.
They are independent, and accomplish different things. That was my point. BIP-32 is not a mnemonic seed standard. Official Monero wallets not supporting BIP-39 is notable and somewhat contentious, which is what I said. Multi coin wallets, such as Trezors and Ledgers, typically use a BIP-39 seed to derive a Monero wallet. BIP-39 is significantly more popular than any other standard, is what most wallets use, and if something deviates from it, they have to make a blog post justifying their deviation. Which is fine. I don't think it's a great standard. But it is the dominant standard.

>> No.29071949

>>29069844
Honestly this was always the solution. Chip makers producing GPUs and ASICs for customers to buy off the shelf for crypto mining.

>> No.29072584

Should >>29049700 have big boobas or not? One anon >>29051339 seems to be against so far

>>29049811
>>29050044
Noted, would need some extra time for this in case I deliver

>>29050325
Like as a knight with a monero inspired design?

>> No.29072954

>>29072584
Less boobas please. Or at least they should not look fake.

>> No.29073117

>>29072584
Draw what you like & can do well.

>>29072954
agreed

>> No.29073142

>>29072584
Those boobas aren’t sexy, probably has to do more with the form than it does the size.

>> No.29073487

>>29072584

I like busty monerochan but I agree they shouldn't look fake. Maybe like a c cup?

She shouldn't be flat chested or have ridiculous bimbo jugs though.

>> No.29073825

>>29072584
I WANT BIG BOOBAS

>> No.29074806

>>29073825
please don’t

>> No.29075638

>>29032921
>i'm thinking of buying some cheap privacy coins besides accumulating xmr
>does it make sense?
no, everything else is garbage or doesn't have the network hashing power to properly implement privacy

>> No.29075829

>>29073825
based

>> No.29076490

>>29073825
redpilled

>> No.29076708

>>29048698
>changenow
the dont to tend have fav rate better buy urself on ex

>> No.29077829

>>29049417
anything but deviantart style """"art""""

>> No.29077959

>>29069199
chek

>> No.29078034

>>29072584

big boobas or small boobas I think we can all agree monerochan shall NEVER be drawn naked. leave that for that slutface bitcoinchan

>> No.29078108

NEW THREAD
>>29078003

>> No.29078148

>>29078034
Unless you have her view key ;)

>> No.29078231
File: 1.11 MB, 1427x2300, monerochan.png [View same] [iqdb] [saucenao] [google]
29078231

friendly reminder that this is the perfect xmr-chan

>> No.29078303

>>29054643
>more important things to do like hunting down literal pedophiles and international traffickers on the deep web
they hunt themselves?

>> No.29078574

>>29078148
kek