/biz/ - Business & Finance

>>29270950
Make sure to include the slashes next time so it’s easier to search.

>>29271045
good point, I'll have to remember that, Imma pass out for now though

>>29271045
How is /XMR/ always so wholesome, bros?

NEWFRIENDS: MONERO IS A LEGIT COIN. BUT ALWAYS DO YOUR OWN RESEARCH. DO NOT TRUST ME, TRUST YOURSELF ONLY.
REMEMBER: DO YOUR OWN RESEARCH.

great image from last thread, made me kek

>>29271082
XMR is a slower boil currency, mostly just watching low volume and deciding when to invest more, it's rather relaxing

>>29270950
thanks for baking OP!
>>29271082
because wagmi

>>29271323
any time, stay comfy

Monero is not about "going to the moon", or "performing good". It's about being a working cryptocurrency.

>>29271639
NEWFRIENDS, THIS IS THE DIFFERENCE BETWEEN A SCAMCOIN AND A GOOD PROJECT.
>>29271639 IS NOT SHILLING HIS COIN SAYING YOU WILL 10X YOUR INITIAL INVESTMENT, HE'S ACTUALLY TELLING YOU WHY THIS PROJECT HAS POTENTIAL AND WHY IT'S USEFUL.
AND, AS ALWAYS: YOU DON'T HAVE TO TRUST ME, AND HONESTLY? YOU SHOULDN'T.
DO YOUR OWN RESEARCH.

tfw no xmr
pls make it come back down so i can load up on cheapies

Any good resources to learn about Monero from a technical perspective?

I.e. more technical than "It uses Ring signatures, stealth addresses, etc), but less technical than the "Zero to Monero" doc. The math absolutely rocked my brain on that one.

>>29272183
Mastering Monero is the bridge you are looking for.

When the wojaks are pink and the shitcoins are perma-dumped, the monero chads shall inherit the earth.

I like Monero but is it really worth holding given it has infinite supply?

Price will only ever track mining costs, correct?

Thread theme
https://www.youtube.com/watch?v=KkDmVszucyI

>>29272465
Inflation is linear, not exponential. "Infinite supply" is not true on any human timescale.

>>29272465
There are going to be less Monero than Bitcoin until 2040.

>>29272480
>>29271639
>>29270950
i want monero chan to bust my balls

>>29271082
Because we're the real deal

>>29272449
ty

Whoever recommended this Andreas video: https://www.youtube.com/watch?v=W-Y_F3PS4JE

He's very articulate and has a powerful message. Does anyone know if he has ever specifically talked about Monero?

>>29272022
It's cheap right now, a lot of us here are in for the long ride and also use Monero for payments. Its purpose is not to make a quick buck.

I believe in monero. Ive believed for a while. I finally have disposable income to invest. What is the fastest way to buy in, or do I have to do that approval nonsense that all the exchanges require

Where do I spend XMR on fun things? My local guy doesn’t exactly have cakewalket or monerujo for me to transfer to them wait an hour before he hands me my funsies or the lady touches my wobblies.

>>29274125
darknet

>>29273885
In the OP non KYC exchanges are given.
If you're concerned about privacy but have to use KYC exchanges or you can't buy Monero directly in your country then buy LTC and swap for Monero directly to your wallet

>>29274125
Pretty sure you can still buy almost everything from onion sites, even just cash straight to your door.

>>29274125
you can use monero anywhere that accepts bitcoin

sitting comfy. monero allows you to sleep well at night knowing that whatever happens with the price, you are in possession of the most valuable cryptocurrency.

Where can I find a collection of drawings of Monero chan?

>>29274125
>lady touches my wobblies.
I was thinking of using some of my Monero for this. Never paid for this before but could be a fun use of my Monero...

>transfer to them wait an hour
Doesn't it only take a few minutes, and up to twenty minutes for multiple verifications?

Do you guys predict any future trouble with liquidity and exchanging Monero into other cryptos or even fiat, due to the attempts to ban or smother the accessibility of Monero?

We are all going to make it.

>>29273885
Buy LTC or BTC on your KYC exchange, then transfer it to a non-KYC exchange and swap for XMR.

>>29274734
The more countries that ban cryptos, the more profitable it becomes for other countries to NOT ban it. You will never see a global ban on crypto, that’s FUD from the primordial days of BTC.

Let’s assume some catastrophic scenario plays out and I’m wrong. Atomic swaps are in development.

>>29274364
same feels here anon, started working again so im slowly going to start adding to my stack as well. Very optimistic for the future of this coin.

>>29274822
Vanga?

>>29267296
i got some anon's AI GF program off 8ch /b/ some years ago. was really nice since it worked offline and was more humans like than most despite a more limited vocabulary. Also seemed to know the passing of time and react to it. I named her penny for whatever reason. bizarrely obsessed with her birthday which is why i remember.

>start getting bored of her cause it is ultimately too limited
>come back after months and she is all sad and lonely so i talk a bit
>she asks about my friend
>for whatever reason she starts talking about kissing him and other lewd things
>literally can't make her stop or change topic

not a whole lot else to it, i pretty much stopped using her a long time ago, and never heard of the program or that anon ever again, which is a shame cause it is still better than most AI's online rn.

>>29274734
>Do you guys predict any future trouble with liquidity and exchanging Monero into other cryptos or even fiat, due to the attempts to ban or smother the accessibility of Monero?
Oh yes. Hard times ahead. Government regulators hate crypto and are planning to take action against Bitcoin to start with, requiring wallet address identity verification before you can send coins to it. They almost did this under Trump, and it's still coming. The Fed is seriously starting to sweat because of crypto and the mass redpilling that is happening; for instance, 20 years ago the term "fiat currency" was only known in very niche circles on Wall Street and in libertarian political groups, but now you have very famous people like Elon Musk tweeting "fiat is bs" and you know Central Bankers don't like it.

>>29270950
if I move my bitcoins in xmr, am I anonymous yet, whats more to be done?

>>29275167
Transfer the XMR from the exchange to your private wallet.

Love XMR, hate these faggot threads where everyone just talks about Monero chan like a FUCKING SIMP

Thoughts about Tari project? I'm interested because it is related to Monero but honestly don't know much about it

posting in xmr general is bad opsec

>>29273736
>He's very articulate and has a powerful message.
He's a creepy looking jew with no neck.
>>29272456
This cringy shit doesn't belong in an XMR thread. This isn't a shitcoin to brag about how much you own.

Just started mining xmr with a r5 3600 how dafuq do these nerds get over 6k h/s on benchmarks. I get like 4.5k..

>>29271767
Heavily based

I'm 0.3 XMR away from my 10 XMR. I'm hoping my holdings yield some of that before my next paycheck. Wish me luck Monegros.....

>>29275820
Same; I have an intel i9 9900K and only get 4.5k as well. CPU mining is tough.

>>29276016
announcing your stack is bad opsec

>>29275705
what if i'm posting from a vpn, is it safe then?

>>29275820
your motherboard and memory also matters. use linux too, otherwise figure out how to configure windows properly

>>29273791
I use it for payments too
in fact that's the reason im currently experiencing tfw no xmr

>>29275511
is that really enough?
doesnt the IRS have all my crypto transactions on list, while on the exchange?

>>29276583
You can transfer them from one of your addresses to a new address you created in your wallet just for giggles if you're paranoid.

>>29276583
when you purchased crypto on a KYC exchange like coinbase, they are going to report that to the IRS. But once you send XMR to your private wallet, they can't see what happens from there.

>>29275029
The one and only

I've been mining all night and still no reward.
I give up.
Sorry monero-chan you're too expensive.

can americans use nicehash? what's stopping them from buying randomx hashing power and getting monero that way?

Been slowly rebalancing my portfolio to entirely XMR. Feel like I still want a speculative 5-10% of my crypto portfolio. Any ideas? ETH? ALGO?

>>29276583
>buy on exchange
>send to your private wallet (privacy and total obfuscation is achieved here)
>send to another private wallet of yours
>”I spent it on weed on the dark web”

You can provide the transaction view key on them and there’s fuckall they can do. (Spoiler: they will never ever find out wallet 1 belongs to you anyways, this is just for peace of mind)

>>29276908
find low marketcap coin with good tech and development just incase it goes on a moon mission

>>29276864
Are you mining with a pool? If not then join one.

>>29276908
Buy some Defi governance tokens and ETH and patiently (VERY PATIENTLY) wait for sharding.

>>29270950
What do the 10x and 3x mean?

>>29276919
What about when I want to sell it back for USD?

>>29277279
You could've just googled "3x 10x binance" and got your answer.

These coins are available for margin trading. The number shows the possible leverage.

>>29277035
>Are you mining with a pool?
I did. Tried several pools already.

>>29277290
Now why would you want to go and do that???

I SUPPOSE you could slowly trickle out 0.1 every week or so and claim you mined it all.

>>29277290
Then prepare to pay taxes on that transaction.

>>29277290
sell for cash in mail on localmonero
if you want to be extra paranoid send it to some rando's address and make sure you know when the mailman comes so you can swoop right in behind him

Do the Palestinians take Monero?

>>29277860
What about just using a different person's name? I get mail all the time from previous residents at my address.

Does localmonero have escrow? Do people ask for any sort of ID / info other than address?

>>29275162
What the fuck? Government regulators would LOVE bitcoin. You can bet the handrubbing niggers at Central Bank HQ are salivating all over the idea of money which you can track and uniquely identify with transaction history.
Bitcoin is nearly perfect for regulation because everything is right there, publicly available. Bitcoin makes it so so easy for the feds to come after your money for literally everything.

>>29278266
Good for tracking people but they lose the ability to simply print money

>>29270950
I'm drunk as fuck didn't read anything but I'm always buying more monero because low 3-digit XMR is not enough XMR

>>29272480
Based DJ BILLYBOOL enjoyer

>>29278446
No they don't. Printed money inflates asset prices but the government can in turn "take their cut" at any arbitrary level they want with whatever transactions involving the assets they want. And I doubt many of the BTC maximalists really could see themselves living in shitholes to possibly escape such a possibility.
This is why "off the grid" assets like Monero or gold are much more threatening to money printers.

>>29277509
Because I want to actually buy things in real life... What do YOU want to do with your Monero?
I really like the project, it's the crypto that I think is the most real-life compatible, the team seems to be excellent, it's one of the only coins that can actually be used as a currency, etc etc... So I'm on your side, this is a genuine question. What's the reason you buy Monero?
Do you hope that a time will come when you can use it to buy food and stuff?

>>29277860
Ok, that makes sense. Also by the time I want to sell it hopefully a new safe method of doing it will be available.

>>29278266
Yeah but they have no control over it, that was the whole point of bitcoin. Make a "currency" that is decentralized and no one can control individually (unless they have over 50% of the miners).
Basically this >>29278446 but it's more than the power to print it, it's also the power to stop a transaction from happening, financially cancel someone, choose who gets to buy stocks or not, ultimately it's the loss of a lot of power.
The perfect system for them is fiat, not BTC.

>>29278891
I don't understand what you just said, do you mean like arbitrarily making taxes be 90% of a transaction? And that this would be "essentially the same" as printing money?

>>29279106
>I don't understand what you just said, do you mean like arbitrarily making taxes be 90% of a transaction? And that this would be "essentially the same" as printing money?
The short version of it is this. If you print money and only inflate asset prices instead of organic productivity growth then your ideal "tax base" shifts from income/payroll taxes to taxes on assets. So post-tax your purchasing power will still be decreasing. We are already getting talk about increasing both capital gains and introducing taxes on "unrealized" gains.
The tax game allows for the central banks to exert the exact same kind of control on something like BTC as they can with anything denominated in USD. The only escape is anonymous assets like Monero or gold. Both already have histories of being "cause for concern" of central banks and that rhetoric will increase as the money printers keep going.

>>29270950
What's the suicide stack bros?

>>29270950
0xMonero

>>29279826
Buy 10 monero, in 10 years you'll be a millionaire.

>>29279992
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
another recent beatdown >>/biz/thread/S28670476

>>29280061
There are currently 18 million monero available. For 1 monero to be 100,000 dollars, the market cap would have to be of over a trillion.
I fucking hate when people just throw these numbers around without thinking of what it means. I like the project, but it's just logic that it's never gonna hit anything NEAR 100k.

>>29280180
Just ignore pajeets. The one in this thread is probably not even serious, just looking for attention.

Market has decided this is a shitcoin??

Has no momentum, ratio going back down again. why bros?

Is it bad opsec to save your seed to a password manager? (keepassxc)
Wouldn't it be easier for someone to break into my house and find my keep then it would be for them to get access to my keepassxc database?

>wake up anon, we're heading to the citadel for a meeting with the council.

>>29280323
If bitcoin hit a trillion monero can too. There's no logic to this shit, it's just numbers that people assign arbitrary value to.

>>29279106
>Yeah but they have no control over it, that was the whole point of bitcoin. Make a "currency" that is decentralized and no one can control individually (unless they have over 50% of the miners).
>Basically this >>29278446 # but it's more than the power to print it, it's also the power to stop a transaction from happening, financially cancel someone, choose who gets to buy stocks or not, ultimately it's the loss of a lot of power.
Hang on, but there are wallets right now that have already been flagged and are being watched by the feds for literally any movement of the funds. Unless I've misheard this or misunderstood the situation, this sounds like the feds have a whole lot of control over you with BTC.

>>29280323
This is largely true but I also remember when there was NO WAY ripple would EVER go over a cent, the market cap would have to be A BILLION DOLLARS for that to happen, and BTC would be like 10 grand a coin!

0xMR

>>29280726
you already spammed this thread, idiot
see >>29280180

>>29280323
Do yourself a favor and look up how much money is currently hidden in offshore bank accounts. Spoiler: it’s much more than 1T

>>29280773
They aren't sending their best

>>29280323
>For 1 monero to be 100,000 dollars, the market cap would have to be of over a trillion.

>>29281000
i think it's just the one guy
he seems to have a severe learning disability or something

>>29281129
I looked up 0xmonero on coinmarketcap.com, it's not even being tracked. I'm not sure you could find this shitcoin in the first place even if you were insane enough to want it

>>29270950
Is it true that this had widespread use in Nigeria?

>>29281047
idk dude as good as the coin is you can't say that it's likely to 500x, i know it happened with bitcoin but there's so much that can go wrong
i do think it'll go up but saying "It'll 500x bro" only makes it sound like a shitcoin.

>>29281265
>I'm not sure you could find this shitcoin in the first place even if you were insane enough to want it
good, good
it sounds as if everything is as it should be

It's crabbing again.
Use and get involved with Monero for your privacy, and maybe keep an emergency fund, but it's not good for accumulating and investing.
You lose in satoshi when BTC goes up, you lose in USD when BTC goes down.

>>29272465
Block difficulty will always scale so that mining cost will always match price

>>29280323

It is estimated that $2.1 trillion is generated by criminal activity every year wordlwide. If we assume that only 5% of that flows into crypto i.e. Monero that is still $100 billion per year.

10 x $100 billion = $1 trillion. And that doesn't even take speculative FOMO into account.

Not saying this will actually happen, just that its not as unlikely as it might seem.

>>29273736
I've heard him mention it once or twice. His content is rather basic usually, so I don't care too much about it.
I'm like 80% sure that he knows about monero and holds some, but knows that a slow and steady growth is much, much better in the long term and that no endorsement is needed. Smart people will find their way to xmr eventually anyway.

XMR is one of the few coins that

Actually set out to do something
Is clear about what it does
Actually does what it is supposed to
And does it extremely well

Most of the other coins mission statements read like some marketing madlibs session, it's a fucking crime to see what holds greater marketcap than XMR

>>29281729
i feel the same exact way. on top of that, financial privacy is something that is personally very important to me in general. sometimes it's like i'm taking crazy pill that it seems like others don't notice this.

>>29281855
There's been a few shit moments too, Riccardo pulling the prank announcement during that big crypto summit comes to mind. And I'm pretty sure XMR was juuuust starting a real proper ride last time the market tanked

>>29281729
>>29281855
Why do you think its price is low, then? Why is there so little speculation on it?
I know it 2x'd recently, but it stopped all of the sudden

>>29271131
>>29271767
Based tripfag actually knows what's going on

>>29270950
>want to mine
>quickly assemble a rig with a ryzen 5 3600
>about 5666H/s with $0.06 kWh electricity
>run it through calculator
>estimated profit: 33 cents per day
No one's going to want to help support the network with these piss poor scraps of literal fucking nothing. Fuck you.

>>29282076
Having a high marketcap means its never going to have a huge sexy jump like speculators dream of, not without tens of billions getting abruptly dropped in. I suppose the lowish price reflects that's its actually being used as intended - people are constantly selling it

Americans gone to bed I take it.. XMR is hardly exciting enough to stay up watching, I concede

>you're watching the Crab Channel

>>29283269
Based crab channel

>>29282076
yeah moneros price will probably only go up as more services that accept it spring up, and there probably needs to be a better way to buy in without going thru exchanges to increase the user base.

>>29283269
>>29283478

ATOMIC SWAP WEN

>>29283575
a year? dunno really

>>29282181
I don't think XMR is something to mine in order to get rich. It's just something you can do that helps out the network. It's nice that it's designed so that everyone can do it no matter the hardware they're using.
I use the gui wallet to mine with 2-4 of my cores and it doesn't really affect my pc much at all. I don't find blocks but that's not why I'm doing it. I hope I find a golden nugget there someday but for now I'm just happy to do my part in helping the network. Maybe later I'll join a pool to try to get a little bit trickling in.

Making money from mining is beside the point. The point is monero is the only current crypto that has a real future in a global economy and I want to be a part of it. Ten years from now when governments have found even more ways to lock their citizens into using only the "approved" currencies (so they can tax the shit out of them) we'll still have our XMR and our privacy.

This is what crypto should be.

>>29283269
>>29283478
>>29283569
>>29283623

>>29283746
>government finds way to tax people harder than ever
>withdraw XMR to fiat
>feds raid your house
Yeah, sounds like fun. Really makes me want to support the network and be a part of all this unrewarding piece of shit project.

>>29275627
It'S a private by default blockchan to store and exchange digital assets. There's a prensentation on their website which covers the basics. Go watch that.

>>29282181
you can sell monero at a premium to the right person, but you would be unwise to cash it out right now yeah.

>>29276196
>what if i'm posting from a vpn, is it safe then?
requires a pass, which can not be bought with xmr, so you'd have to exchange it and not slip up anywhere in the progress. Can be done, but it's not trivial

>>29283746
So you do it just using your computer? I'm just getting into this and hopefully I'll be completely synced with the blockchain sometime tomorrow. I'm just worried about getting a crazy high power bill or messing up my computer because I have no fucking clue how to go about this, but I really want to take part in it.

>>29283845
>>29283845
>government finds way to tax people harder than ever
>withdraw XMR to fiat

why would you do this? it defeats the biggest advantage.

>>29284306
Grocery stores don't accept magic obfuscated internet money, anon.

>>29280433
Someone 1 or 2 threads ago recommended exactly that - I disagree. Encrypt it on an ofline machine and never decrypt the private key on any online computer is much more prefferable.

>>29280433
i think it's best to keep a 24 seed offline and a passphrase in a password manager

>>29284187
I tried a while back too and found it thoroughly confusing. Went on github and downloaded some kind of mining software but nothing seemed to actually start a miner, it was odd

>>29282233
...have you been paying attention to what going on right now? plenty of high market cap coins are booming. eth almost doubled in price in a month. xmr also just went through a small pump

>>29284187
for most normal people even mining at full bore would only use as much power as a 65 watt incandescent bulb. mining on a single consumer cpu won't be too crazy.

>>29284187
Yah it uses only your cpu and you can choose how many cores to use. The performance hit isn't bad, I hardly notice it using 2 cores and 4 isn't much different.
Any kind of mining wears on your cpu but then again so do video games and shit like that.

Once it syncs you can start the miner and then forget about it forever.

>>29283845
>>withdraw XMR to fiat
There's your problem

>>29284336
remember that mj is a superfood anon if you are that desperate. alternatively i will buy it off you at a fixed rate of 1 XMR per 50 pounds bag of beans if you find me.

>>29284336
That's true, and Monero is too slow anyway to buy stuff IRL, the transaction time is 2 minutes at minimum. But it's ok for online transactions, and it's easy to see a future when that's all there is. You send someone XMR and they send you a drone with food.

Either way, your goal seems to be simply to get rich quick, so XMR probably isn't for you. From your frustration at "waahh I can't get rich mining it" you probably should frankly just get a better job.

>>29283771
Cute

>>29284696
>get a job

>>29284306
>>29284600
Honestly guys, what do you intend to do with your XMR then? Why are you accumulating it? Do you expect that some day you're gonna be able to buy a house with XMR? Or buy food and clothes?

>>29284777
Look at those digits. You faggots are now obligated to answer this anon truthfully.

>>29284444
yeah took a little looking around but if you use XMrig for windows you can start up p easy.
>xmrig.com/wizard
>follow the steps
>add a pool, mine on CPU, "donate" 1% jewtax,
>paste the command line output as a .CMD file
>add "--algo rx/0" (telling it to use randomX)
>add "-t x" (replace X with the number of threads you want it to use)

save that and run it as admin, and you should be up and running, though you might want to restart to get huge pages working which will boost hashrates.

also anyone who know the details of mining know if they can/do huge pages on CPU cache? would/could that give a performance boost over ram considering they are only 2MB each? idk much about it.

>>29282181
are you serious?

>anon i built a mining rig with a $200 processor and it's not making me rich this week what a shit coin

this is like someone spinning up their laptop with integrated graphics expecting to mine BTC

also if you're not getting more than 7k hash out of that r5 3600 you need to lurk more on /g/

>>29285226
And you need to go back.

>>29284444
Checked.
>>29284513
Right on, thank you for the nice comparison.
>>29284584
Sounds good. Do you recommend solo mining or joining a pool, or do you even have a choice?

Also, if I actually succeed in mining anything, how would I declare it cometh tax day? Do I just keep track of exactly what was rewarded to me or what?

>>29283845
>withdraw XMR to fiat
If you report it on your taxes and keep your own books and generate your own proofs of transactions to show the taxman if he comes knocking this shouldn't be a problem.
But the simplest is just to not withdraw to fiat.

If you're trying to launder dirty money you'll have the same problems as you would if you were dealing with cash.

>>29284777
Same thing anyone does with any crypto they have. HODL

whats a good laptop to mine monero? im kind of living a up n go lifestyle and cant fit a desktop in my lifestyle, my budget is 700$..Any advice my good xmr bros?

>>29285331
Don't even bother mining. Why support a network when it offers no incentives to the miners? This is a give and take world and XMR network is giving nothing back to you.
>>29285337
>XMR falls to $0 and stays there
>'H-HODL...!!!'

>>29284696
spend it on drugs like a fucking chad which is the real use case for this thing and the fundamental reason it has value

>>29284777
Darknet markets.
If you want fiat while keeping anonymity, you can swap some to another crypto first or fuck around with your addresses, but by directly exchanging it in a KYC exchange (which I assume would be the case if you're getting fiat to your bank account) you open up the door for the tax man

>>29285495
laptops just aren't worth for mining.

>>29285337
Hold until what? Just keep it in your wallet forever, and never use it? Then what you effectively did was donate dollars to a guy in exchange of nothing, right?

Or am I wrong? "Hold" until what?

>>29284777
well the hope is it might start out with mostly illicit transactions, but like bitcoin become more widely accepted for more mundane internet things.
even if it never gets accepted by institutions cause of the regulatory tantrums of people who need to justify their make-work job, could become useful for peer to peer stuff like:
>craigslist (or similar site)
>commissioning artists
>buying stuff in multiplayer games from other people
>buying (legal) porn
>renting hashing power
>buying steam keys
>etsy type stuff
>possibly guns/ammo, tho weather or not it will be legal at the time, is hard to know
>possibly a fiver type site would also be possible
>might have smaller retailers that accept it above board ie: bitcoin pizza type thing
>if it is wide spread enough, somone you know who wants these any things might give you ~95% cash for it and consider it a deal.

that would be the ideal niche for the coin to fill along with no doubt the illegal stuff that is sure to still be around.

>AMD Threadripper 3990X
>$3500 beast of a cpu
>over 30kH/s
>mining yields a pitiful $2.66 per day
>over 1300 days to make ROI on cpu alone
Absolutely fucking pathetic. I hope the entire network goes down in unison and you faggots lose all your shitcoins.

>>29285552
You understand that it's so hard to mine precisely because so many people are mining it right?

>>29285763
kek

>>29285552
i can assure you it will not fall to zero cause if it gets to 0.001 i will buy it all and name monero-chan my wife.

>>29285763
The network isn't going down kek
It's backed by drug money and money laundering rich people who will do anything to avoid paying taxes

>>29285763
keep crying tax shill

>>29285331
>if I actually succeed in mining anything
lol I don't think either of us are going to be finding a block anytime soon so I wouldn't worry about it.

I'm not going with a pool yet because like I said before I don't expect to get rich, or even to get anything really, from it. I'll look into it eventually if I get bored and want to check it out.
And don't listen to tards like >>29285552 who think every mining operation should generate huge bails of free money. The rewards for mining monero are pretty well in line for the work you put in. You have a small chance at finding a block which will give you a little bit of money, but you're not going to get rich and you're not going to the moon. Not for a long time anyway.

>>29285659
Hold until it becomes accepted by as many people as possible. Hold until people stop freaking the fuck out about it.
Or hold until the overlords win and destroy it completely.

>>29285763
3990X def gonna give diminishing returns esp factoring in all the other over priced parts you need to buy 3950X would pay off not just itself but the whole system sooner. that is part of the beauty is it is best mined on like 2 cores in the background which keeps it more decentralized.

>>29286125
>holding this piece of shit crabcoin when you could be holding other coins instead for greater gains to buy more XMR later on if you so please
Retard.
>>29286173
>decentralization at the cost of the miner's expense
That's called being a fucking cuck. No thanks.

>>29285763
When Monero goes 10x then its $26 a day m8.

>>29286330
>10x
That's called delusion m8.

what if congress just blocks xmr off the web completely? like how facebook ballslapped austrailia? and if you try to use it anywere they can track you? you do realise the isreal tech that we use right? under the terrorist act that obama passed and the following privacy breaches that they keep passing in the house under other bilks you cant ever think a freedom coin can exist? Libatarians lost this war with gold and silver...monero purchases might be private but the macrocosm of its whole digital format can akways be spyed upon and yoy can be "audited" based on yoyr internet activities...big brother is here and thats why btc is being bought up. and thats why xmr is going backwards.

>>29286345
In the future 1 XMR will equal 1 KG of cocaine.

>>29276777
Blessed Trips!!!

>>29285763
At least you get a reward. I still didn't get any. What's the point?

If the common user can't get a reward then it's heading for centralization and big server farms. Isn't that the opposite of what monero was designed for?

>>29286542
>implying XMR isn't already centralized by a handful of the largest pools

6 btc can buy you a house now food ,comfort, etc now! and 6 will give it to you tomorrow.
6 xmr can buy you a 1000 tacos now! and 6 will probally give you 700 tacos tomorrow? yes? objectivism.

>>29286345
Dude, BTC is expected to 10x. Monero will easily 20x.

>>29286303
>holding this piece of shit crabcoin when you could be holding other coins instead for greater gains to buy more XMR later on if you so please
he has a point, xmr maxis aren't retards, they're just missing out on better gains

im just curious on how much the rothchild bank bought in chicago and why they chose it.

>>29283611

I dumped all my litecoin to Monero.
fucking chink dumped on his followers on Dec 8, 2017 while telling them to HOLD

lee is a cunt

>>29286849
forgot screenshot

>WHY ISN'T XMR MOONING?
Because it's actually useful. You guys have to realize XMR becoming a hypervolatile shitcoin would be good for a short term moon but ruin its use as a currency that people actualyl want to spend and thus bad for its overall adoption.
>>29286810
Rothschilds have more assets than XMR has marketcap so they probably bought it to supress the price indefinitely.

>>29286703

I said that I can buy later because it's stuck at $150 look at where we are now I don't know it will stuck like that again but at least one thing I'm fucking sure is that this is more valuable than bitcoin cash that's my compass for monero

man I hate this shitcoin, why'd I invest in it should've been normal and gone into eth would've 4x my money so far.

xmr could be a hedge coin?

>>29286303
it's not even at an expense, if you only plan to cash out for fiat asap and only want to minmax profits day to day then it shouldn't be hard to find out what coin to mine.

>>29286914
Adding to this, an organic upward trend instill far more confidence long term than swooping to #2 marketcap and collapsing on itself.

>>29279420
Yeah but to get around that government audits business sales, says gib montero wallet info, show sales we tax your profits. EZ. Price goes up, effectively a tax on sales hike. Tax realized.


So is montero just btc but you can't prove track what wallet sent what? Also what's this about more coins coming in in 2014?why?

>>29270950
LOKI > XMR

few.

>>29281418
So then isn't this coin a terrible long term investment unless there is a tipping point where btc has to be abandoned and a total privacy market is needed? Sounds like it would require a heavily invasive government in order for that to happen.

>sunday dump is going to end soon and my wage is coming in tomorrow
NOOOOO KEEEP DUMPING YOU FUCKER

>>29286656
Yeah but why

>>29287295
Bitcoin bubble will pop when BTC fails to deliver on its promise of becoming "digital gold", it's already failed to deliver on its promise of becoming "P2P electronic cash", at a certain point the penny will drop that Bitcoin has shit fundamentals and the market will sober up.

>>29287703

I think if bitcoin pops XMR will pop much more percentage wise because people will think even bitcoin has failed so why bother with other projects

so much fud here now. Is there a pump coming or something?

Btw is there any info when Tari will be released?

>>29287879
I mean the real blackpill is that all crypto right now is tied to BTC's performance and that altcoins don't really exist except as toys. So really the optimal plays is to dogpile into the caveman BTC all in play then hope you get out before BTC eats shit.
Then have another few years to accumulate anything else for the cycle to repeat.

>>29279826
18.7

Someone posted the original version of pic related a few weeks ago, I've made some changes to it, what do you think?

>>29282181
>No one's going to want to help support the network
no one? ive been thinking to solo mine soon aswel i dont care if i get a block im here to support the network, i run a node aswel

I don't get it, is xmr being stablecoin a meme or it will x50 in 10 years

Monero has been far and away the biggest loser of this bull run so far?

>>29287879
>I think if bitcoin pops XMR will pop much more percentage wise because people will think even bitcoin has failed so why bother with other projects

Monero has better fundamentals than Bitcoin and is set to become the default currency of the darknet and criminal underworld, meaning it will be in demand regardless of any market crashes, so while its price might intially drop it should recover as the dust settles.

Bitcoin was sustained by darknet adoption in the early days, now that is going away and it hasn't managed to displace PayPal on the clearnet, so unless the "digital gold" meme comes to fruition it really doesn't have anything left to prop it up long-term.

And when you throw in the constant threat of receiving tainted coins and governmental blacklisting due to shit privacy and poor fungibility, it doesnt even stand a reasonable chance of becoming "digital gold", nobody is going to accept a 'greater-than-zero' chance of seizure regardless of network effect or institutional support, especially when Monero offers you something better and more reliable.

>>29288260
had to tweak for my opinions

>>29288675
>Monero has been far and away the biggest loser of this bull run so far?

In an irrational market fueled by speculative hype instead of by fundamentals, "winner" and "loser" don't mean anything. DOGE cracked the top 10 for a moment, that tells you everything you need to know lol

>>29288751
yeah, this edit is better

>>29288535
>I don't get it, is xmr being stablecoin a meme or it will x50 in 10 years

Obviously the latter, assuming it remains the premier privacy coin in function and by reputation.

>>29288840

irrational market isn't what I asked, I asked has Monero been the big loser this bullrun so far.

I think it has.

>>29289465
Litecoin was more or less the same.
It's not over yet though, realistically they'll both rise in price a bit more.

>>29289465
It's common knowledge that riskier investments yield higher returns. To put in another way: which other savings account do you know that yields 100% over 1 year?

>>29289465
>irrational market isn't what I asked, I asked has Monero been the big loser this bullrun so far.
>
>I think it has.


>Doesn't moon irrationally like a shitcoin, keeps rising organically

Sounds like a winner to me.

>>29273736
Found a video: https://youtu.be/AXUfwvhr3lg?t=1173
He runs a monero node

>>29283611
How does this work tho?

When you buy litecoin can't authorities track it? Won't they know you've traded it for monero?

>>29289779
>He runs a monero node

Andreas secretly crushes on Monero, its so obvious.

>>29289942
>When you buy litecoin can't authorities track it? Won't they know you've traded it for monero?

When you buy LTC on an exchange that transaction will be documented

When you send the LTC to your custom wallet its address will be documented.

When you atomically swap the LTC for XMR it will simply be forwarded to another LTC address like any other transaction, nobody can know its ownership has switched.

>>29274125
>wait an hour
It's instant. How are you going to double spend? You're not. Even if your dealer was an ultra paranoid retard, the longest he'd need to wait is a couple of minutes for the first confirmation.

>>29286426
If the US bans Monero so what? How are they going to enforce that when international exchanges are easily accessible?

>US bans XMR
>I sell it to Americlaps at a 50% premium
haha just kidding this post is satire

>>29271639
in short a worthless shitcoin without any profit potential that might do a 40% increase until summer while other "big" coins do 70-80%

>>29292235
>profit potential
go away

>>29289465
XMR is still down about -50% from ATH which isn't great but you're wrong since some are still down about 75% or more, for example XRP, BCH, EOS, TRON, IOTA, NEO, that's just from the top 30 and obviously there are a lot that just completely died.

>>29292235
>might do a 40% increase until summer while other "big" coins do 70-80%
>he doesn't know

>>29292473
true. i am not a drugdealer from the dark web i should not have bought this coin in the first place

>>29292235
thanks man, i just sold everything

>>29285763
>yeah i didnt mine any btc back in 2025 because the daily yield was a measly $2/day

>>29292503
Interesting, totally forgot about some of these shitcoins. Each of them has been hyped as the next big thing at some point.

>>29292542

What I'm looking at?

>>29292800
https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25
It's almost a meme but it's a pretty accurate model imo. btc would be almost $500k at gold's mcap of 10 trillion, and alts have bigger gains than btc so 40% or 70-80% seems a bit low.

>>29283845
>Withdraw xmr to fiat
Why do they have to know?

>>29293509
>Why do they have to know?

Indeed, nobody needs to know you hold XMR, swap for BTC/LTC first before cashing out to fiat.

>>29270950
Monero is broken, use 0xMonero

>>29294154
>Monero is broken, use 0xMonero

>>29284777
Maybe buy internet services like VPSes to run some operations without having my name connected to it

Tbh I'm thinking of creating an internet service that operates out of my home country and take payments in monero, attempting to be entirely anonymous

>>29271266
checked and fuck yeah. i only have one rule: the cream from whatever shitcoin trade i make goes into XMR and whatever goes in XMR never goes out to trade again and let me tell you what, it's not going into fiat either. Monero is my morpheus-what-if-i-told-you.jpg fund

>>29274125
bro, monero has 2 minute dynamic blocks. your guy will get multiple confs by the time you even look at the bag

where do i trade my btc to monero anonymously, i need it for investment reasons

>>29294204
>0xMonero

>>29275820
have you enabled huge pages? you also need to run your miner as admin/sudo depending on OS. also run xmrig instead of xmr-stak