/biz/ - Business & Finance

>>29291966
Just buy Bitcoin, bro. Checked.

It's actually unbelieveable how pathetic Monero has been this bull run.

Like it's so impressively terrible how poorly it has performed.

>nice, a dip I can buy

>>29291966
>still the best privacy coin and second most important crypto
yfw you think a small drop for xmr matters
yfw "looses"

By using polkadex cloud architecture, the experience is even better and gives the feeling that they are trading on a traditional centralized exchange.

>>>>> Potential project

good, more time for me to accumulate

hope it goes to 50 so i can buy more

Time to buy!

>>29291966
no value was lost, just price

>>29292198
this shit has almost zero 0 intrinsic value it will forever be overpriced

sell when you can

>>29291966
Gains are temporary anon. Privacy is eternal

>fudding your own investment because you're trying to dca in a bull run
ngmi

>>29291966
as loose as your mum's pussy. it was like i was fucking merlin's sleeve. I had to jerk myself off to even cum. would not recommend.

>>29292338
forever overpriced, bullish af

>>29291966
Gents, I am still pretty new to this, so can anyone tell me why on Binance if I deposit fiat it will disable my account from buying privacy coins.
"If you wish to proceed, your account will be restricted from buying, selling and trading the following privacy coins - XMR, ZEC, DASH, XVG, XZC, KMD, ZEN, PIVX, GRS."

>>29293425
gubmint keeping you niggers down

>>29291966
I sold my Monero for 0xMonero

>>29292002
>Just buy Bitcoin, bro

But make sure its not blacklisted first.

>>29291966
red pill: transactional coins by nature have bad pumpamentals due to constant selling instead of hoarding

SELL YOUR XMR NOW. CHANGE IT TO BITCOIN KR YLU WILL FORBEER BE LEFT BEHIND

Just checked. And I have no idea what you're talking about.

My 10 monero are still worth 10 monero.

Imagine being mad at the only crypto with a real world use case because it's not artificially pumping like some vaporware nigger coin or pajeet pump and dump.

>>29294308
I am all for monero to moon even though I am a poorfag and don't hold any but the fact that it has infinite supply makes it extremely bearish.

>>29294138
I don't care if monero goes up or down in fiat value. I use it because it gives me privacy and I hoard it because it gives me privacy. The fact that it is digital cash is the only thing that matters to me. That's more than enough fundamentals for anyone with half a brain.

>>29294442
>the fact that it has infinite supply makes it extremely bearish.

Gold has infinite supply, its continuously being dug out of the ground.

>>29294442
ETH and plenty other absolute shitcoins have infinite supply too, and till 2040 monero will still be less than BTC

>>29294442
It has tail emissions to ensure that mining is always viable. It's one of its greatest long term strengths. What happens in 2140 when the last bitcoin is mined and there's no reason to support the network?

>>29293215
This.

I get chills every time I think about Monero's potential. When this shit explodes, it will be a moment for the ages.

sell this drug coin now. it's going back to $150. Burgers can't even buy Monero.

>>29294623
>I get chills every time I think about Monero's potential. When this shit explodes, it will be a moment for the ages.

>>29291966
thank god, it is not a casino

>>29294504
It doesn't and gold is used in everywhere in technology.
>>29294561
ETH is a Blockchain, the only reason BTC is successful is its supply and being the first.
>>29294592
Wouldn't matter, you won't live that long. Who wants to be rich when they are about to die.

I am not saying monero doesn't have high potential but it's a tough road ahead. Good luck anons, I do plan to DCA into XMR when my shitcoins moon.

>>29294592
Miners get paid in transaction fees

>>29294875
Transaction fees for a 'store of value' that nobody spends?

>>29294806
>It doesn't and gold is used in everywhere in technology.

Gold has 2% annual inflation.

https://www.gold.org/sites/default/files/documents/gold-investment-research/the_impact_of_inflation_and_deflation_on_the_case_for_gold.pdf

>>29294136
>https://blog.chainalysis.com/reports/capitol-riot-bitcoin-donation-alt-right-domestic-extremism
>maxipad tries to cash out circa 2030
>sorry sir your coins have a 43% taint level, we are locking your account and you will receive a visit from law enforcement shortly

seriously though, what the fuck is going on monerobros? I get we needed a correction but this is farked

>>29295123
>>sorry sir your coins have a 43% taint level, we are locking your account and you will receive a visit from law enforcement shortly

Scary thing is that has already happened, a couple years back some Iranian Bitcoin dealer unknowingly received tainted BTC, got blacklisted by Uncle Sam and then had his coins seized by an exchange. Pic related.

This is why fungibility matters, folks

>>29295214
Just sold everything for. Will buy back when this shit hits 100$ again

>>29295214
This happened in the last bullrun too. Late bloomer, dips before it rockets. Went from $40 to $130, back down to $80 for a couple of weeks and then up to around $500.

>>29294111
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

>>29295099
And if a huge, unexpected discovery of gold was made the price would drop.

How can you retards be stupid enough to actually buy this shit? It's literally created and run by a fat neckbeard who jerks off to horses. The other devs are "anonymous" (Read: NSA hackers who are backdooring the project). The only reason it isn't illegal yet is because the NSA/CIA/FBI/IRS are using it as a honeypot. It's obvious to anyone with an IQ in the triple digits. If it was really secure, do you honestly believe the government would allow it? Roflmao.

>>29295894
>How can you retards be stupid enough to actually buy this shit? It's literally created and run by a fat neckbeard who jerks off to horses. The other devs are "anonymous" (Read: NSA hackers who are backdooring the project). The only reason it isn't illegal yet is because the NSA/CIA/FBI/IRS are using it as a honeypot. It's obvious to anyone with an IQ in the triple digits. If it was really secure, do you honestly believe the government would allow it? Roflmao.

Monero chad auto-fudder detected.

>>29294504
wait until they start asteroid mining for precious metals, gold will be the first to dump astronomically. it will dump from orbit. meanwhile xmr will be the defacto grey economy store of value

>>29295321
>iranian
they would have taken his shit even if it weren't tainted. all the more reason to use xmr and not keep your shit in an exchange

>>29295894
>literally created and run by a fat neckbeard who jerks off to horses

Sounds pretty based ngl

>>29293425
buyy off loclamonero.co or use morphswap to get monero and send it to your mobile wallet (cakewallet, which can also swap btc to monero) or your hardwear wallet

>>29294111
Retard

>>29294111
0xMonero is absolute scam with a public ledger you can literally look at on the eth block explorer. get your shill ass out of here

>>29294637
absolutely not true. can be purchased with kraken exchange with a us based bank. also there are plenty of p2p monero exchanges and you should be using them anyway

>>29295348
>selling below 50% of ath during the golden bullrun
that's weak sauce senpai

>>29291966
I still can go to dark web with it, so I'll keep hodling

>>29295321
Yep but I guess most people are too short-sighted to care about things like this until it affects them personally, which it definitely will as censorship and surveillance continues to increase. And if surveillance-coin somehow gains widespread adoption by scaling with their centralized Paypal/Square/LN layer 2, then I imagine addresses will be sort of like a social credit score. If you ever buy something from an "undesirable" like maybe a former Trump voter or something, then all your funds are frozen. Maybe even non crypto-holders will be affected if they use Square/LN for their day-to-day payments and a transaction gets flagged somehow.

Also glowies have no clue what they're doing and apparently think xmr payment IDs are addresses, pic related

>>29297120
Might buy back some when it hits 150$

>>29297532
what are you going to do if it never goes below 200 again

>>29296719
>not keep your shit in an exchange

That's the thing, he didn't. Because of mandatory seizure protocols the moment blacklisted coins touch a reputable exchange they'll automatically be frozen and seized.

So if you can't cash them out on any exchange and nobody else is willing to accept them, they're effectively worthless. Can try CoinJoining them but even that can get your coins flagged and frozen for "suspicious activity".

> Binance Returns Frozen BTC After User ‘Promises’ Not to Use CoinJoin
>Exchange says it launched an investigation into a withdrawal after a Wasabi wallet user aroused suspicion by using a mixing tool.

https://cointelegraph.com/news/binance-returns-frozen-btc-after-user-promises-not-to-use-coinjoin

Using Bitcoin = major pain in the ass.

>>29297438
What's the story of this pic?

>>29297704
I already sold it on profit thats enough for me

When will this dip bottom out? When should I buy?

>>29297438
>Also glowies have no clue what they're doing and apparently think xmr payment IDs are addresses, pic related

LOOOOOOOOOOOOOOOOOOOOOOOOOOOL

And it goes without saying that blacklisting a known XMR address is utterly futile since Monero transactions can't be traced.

>>29297742

It's called a decentralized exchange mate.

>>29294442
anyone who says monero is bad cuz infinite supply is a super brainlet.

>>29297792
>What's the story of this pic?

The US Treasury maintains a blacklist of sanctioned individuals and their known crypto addresses. Transacting with these addresses is illegal and may taint your own stack.

TL;DR: Bitcoin has shit fungibility.

>>29298047
>It's called a decentralized exchange mate.

DEXs are where the most tainted Bitcoins can be found, nobody else is willing to touch them.

>>29297792
https://home.treasury.gov/news/press-releases/sm1123
just one of many examples of the blacklisting >>29294136 mentioned and you can see the full list at the link in that anon's image
https://www.treasury.gov/ofac/downloads/sdnlist.txt
if you ctrl-f xmr that's the only result and it's not even an address kek

>>29297438
kek, fang rejects don't know how to computer

>>29298119
I think it's a funny meme at this point

wow, who told you about these alts? This is shit man, don’t believe these niggers
if you wanna get pump use your IQ and follow yield farming
I participated in metalex and they made a new system, a guarantee of 300% APY

>>29297120
You were right I sold at the literal bottom

How does this thing always mysteriously bleed out. It's almost like there isn't a set number of tokens.

>>29297438
>>29297903
Dumbass here. How do you differentiate a public address and payment id in monero?

>>29299634
>How does this thing always mysteriously bleed out. It's almost like there isn't a set number of tokens.

You can verify the integrity of the supply by:

>Summing up all the coinbase outputs, which are unmasked (i.e. in the clear).
>Verifying the underlying cryptography (mathematics) of the confidential amounts implementation.
>Verifying the correctness of the implementation in the code.

Those essentially guarantee that the supply has not been maliciously inflated (i.e. unintended inflation has occurred). Note that a similar procedure has to be followed for transparent chains. Furthermore, a hypothetical inflation bug can go unnoticed even on a transparent chain.

https://www.coindesk.com/the-latest-bitcoin-bug-was-so-bad-developers-kept-its-full-details-a-secret

>>29291966
The M stands for Mexican shitcoin

>>29299843
>implying Mexicans have the IQ to keep digital transactions anonymous

How does Monero actually stay private? Aren't you still traceable during your cash in/ cash out?

>>29299797
>Dumbass here. How do you differentiate a public address and payment id in monero?

Monero addresses all start with either a 4 or an 8.

>>29291966
+15 % in 15min now whats ur point

>>29300304
Using USD to buy monero is cashing out. US is approaching Venezuela level money printing.

>>29300304
>How does Monero actually stay private?

>How is Monero’s privacy different from other coins?

Monero uses three different privacy technologies: ring signatures, ring confidential transactions (ringCT), and stealth addresses. These hide the sender, amount, and receiver in the transaction, respectively. All transactions on the network are private by mandate; there is no way to accidentally send a transparent transaction. This feature is exclusive to Monero. You do not need to trust anyone else with your privacy.

>How is Monero different from Bitcoin?

Monero is not based on Bitcoin. It is based on the CryptoNote protocol. Bitcoin is a completely transparent system, where people can see exactly how much money is being sent from one user to another. Monero hides this information to protect user privacy in all transactions. It also has a dynamic block size and dynamic fees, an ASIC-resistant proof of work (RandomX), and a Tail Emission, among several other changes.


>Aren't you still traceable during your cash in/ cash out?

Depends on how you cash out. If literally for cash then less so.

>>29291966
*gains 16% of it's value under 24 hours*
just dont be unlucky and it's a great coin. it's natural selection for lucky people.

Isn't pirate chain better?

>>29300700
>Isn't pirate chain better?

If it actually was better the darknet would be adopting it right now instead of Monero.

>>29300805
But it is a pretty new coin and it is definitely more secure than monero...

>>29291966
>looses

>>29294561
That's the crazy thing, ETH literally has an infinite supply in the sense that no one knows wtf they're going to decide to do with it and no one cares. Monero's supply is strictly limited over time while Ethereum may as well be fed bucks. Only serious coins get criticism though.

whats up my niggers tell me is firo any good?

>>29300957
>But it is a pretty new coin

That works against it, older = more battle-hardened.


>and it is definitely more secure than monero...

Every single "Monero-killer" claims that.

>>29300700
re:ARRR:

Only cryptographers really understand the functional difference between RingCT and ZKS. I am not one. Obviously there are some folks who believe ZKS is a better method. In the event that we see some sort of widespread arrests associated with Monero being cracked, it will certainly become a suddenly much more appealing idea. At the moment it seems speculative at best, but it is good that alternatives exist and that there is such a thing as privacy alt coins.

Beyond that the name glows and the videos I've watched about it did not fill me with the same sort of confidence that you get by doing even a basic level dive into the Monero community.

>>29291966
I used to like Monero but with recent news that feds are able to trace transactions I lost confidence. I sold my XMR stack for a scam called SAFEX that is literary an identical clone of Monero but with a huge possibility that will do 100x because its economics created by SAFEX Chief Economist Ivana Todorovic is based on a Polish MLM system that never fails.

>>29301547
https://www.youtube.com/watch?v=5vLT6zW053U
> Look at this video monero nigger

>>29301736
>> Look at this video monero nigger

lol go over to r/darknet and tell them all about it.

>>29300700
>permits ASIC
nope, it'll get chinked if it goes anywere

>>29302031
So you are saying there is a chance to Monero conc out bitcoin?

>>29301645
I've yet to see XMR's value affected by disinfo. I certainly doubt that you'll be able to drop the price, friend.

>>29302217
A chance?
Yes, rather small but it could happen if given enough time.

>>29302217
>So you are saying there is a chance to Monero conc out bitcoin?

Monero is definitely displacing Bitcoin where fundamentals matter.

I made a video about Monero yesterday! Pls check in:

https://www.youtube.com/watch?v=ge5vdUsQDys

>>29302480
>I made a video about Monero yesterday! Pls check in:

BASED

>>29302586
What do you mean by BASED?

>>29302730
>>What do you mean by BASED?

https://www.urbandictionary.com/define.php?term=Based

>>29300957
I'm not a dev so maybe I'm wrong but since piratechain's code is open source it seems like xmr could just adopt any code the community decides is worthwhile. Kind of like how btc basically had ltc serve as a testnet for segwit and now mimblewimble possibly. Maybe it's not possible or would require a major hard fork, but xmr isn't like btc and is more open to change. And since I'm not an expert obviously I'm not really sure how full of shit piratechain is anyway, but it looks like an interesting project.
But no matter what it'll be hard for any privacy coin to overcome xmr's brand recognition (especially with a name like ARRR) and convince people to switch after it's taken this long just for them to start switching from btc to xmr.

>>29302838
So it is a sexist term? I am going to spend the evening searching for your ip and then you are going to get into trouble

>>29302730
unironically is this your first day on biz?

>>29303135
Is biz a code name for 4chan or what do you mean?

monero chads will all make it stop wasting time with those retards that come to shit in our threads

>>29303079
>I'm not a dev so maybe I'm wrong but since piratechain's code is open source it seems like xmr could just adopt any code the community decides is worthwhile.

You're spot on. The Monero devs have a policy of auditing and adopting tech improvements as they become available. If at a certain point ZK-SNARKS are declared reliable and desireable they'll just be written into the Monero codebase during the next scheduled hardfork.

>>29300700

There was just a flash crash and now 2% of the entire market cap is lined up in sell orders in the next few % rise on tradeogre exchange.

Either devs are exiting their scamcoin or dollar vigilante pump and dump

>>29291966
>gives you a chance to buy the dip
Accumate you fuckwits, it'll never be this low ever again

>>29299511
Well I bought at the literal
Top! So cheers

>>29303191
What's a 4chan?

>>29297742
Will be interesting for XMR swaps. All those addresses will definitely convert to XMR

>>29300700

> Sir, I have an announcement to make...

>>29305903
Assuming their holders know what XMR is. Marketing is the most important thing

>>29299511
it's pretty low right now, chance to jump back in

>>29305903
>Will be interesting for XMR swaps. All those addresses will definitely convert to XMR

Yeah, but that would entail swapping your pristine XMR for toxic BTC that nobody else is willing to touch.

Maybe if they CoinJoined the shit out of them first, but that's no guarantee....

>>29301627
You can't "crack" elleptic curves retard.

>>29294442
>makes it extremely bearish

You don't know what you're talking about

>>29291966
>looses

>>29306258

>>29306000
Given they are blacklisted for a reason and given they know BTC they definitely know what XMR is.

However I recently saw an interview of the COMIT atomic swap team. And apparently they wanna be the first market maker for the protocol filtering out tainted BTC. They do not say this outright but obviously it is to comply with AML, KYC at least partially.

Hopefully farcaster gets it's shit together and brings out a working project. Those tainted bitcoins will be a huge influx of money for XMR. Can't have them being blocked off.

>>29305968
THE END

>>29306484
>>However I recently saw an interview of the COMIT atomic swap team. And apparently they wanna be the first market maker for the protocol filtering out tainted BTC. They do not say this outright but obviously it is to comply with AML, KYC at least partially.

They'll be releasing the codebase so that anybody can set up a swaps market, there will be plenty of options in time.

Is there any halfway definitive explanation for why this coin's BTC ratio is so in the fucking dumps? Why it doesn't pump with the rest of the market?

>>29295894
this will be going to my cringe collection.

>>29307513
XMR's ticker starts with an X which means it's cursed. Look at XRP and XLM and you'll see the same pattern.

>>29307513
>Is there any halfway definitive explanation for why this coin's BTC ratio is so in the fucking dumps? Why it doesn't pump with the rest of the market?

Its not a shitcoin so it doesn't pump like one.

>>29291966
It's not exciting enough for noobs and faggots, but make no mistake. Monero is the real cryptocurrency (emphasis on currency) and in the years to come when Western governments try to fix the mess they made after destroying their own economies and going massively into debt to stop anyone from dying of something with a 99.98% survival rate, they will tax everyone to hell, and start adding heavy wealth taxes, and Monero is going to soar.

Keep your fucking hands off my fucking money you greedy fucking cunts. I didn't consent to you paying everybody to stay at home for 2 years.

>>29292023
This. What a piece of literal shit

checked my old kucoin account some weeks ago, still had some NEO there.. exchanged it for KCS because i dont know. went in to buy XMR today and wtf the value of my KCS had almost tripled in the last weeks. noice, more XMR for me

You can take solace in the fact that when dogecoin, the literal "this coin has no value, it's just for fun and tipping people" crypto is outperforming XMR, that fundamentals aren't currently priced in

Then again, the market can stay irrational longer than I can stay interested in monero

>>29291966
everyone already made a lot of money off cucknero by the time the bull run began. Don’t buy this shit scam. It’s literally an invitation to bein audited and put in prison, having ur kids taken away from you.

None of you know about intercoin shame.

>>29292002
ok sirs here is the crypto brown pill.

there is a vishnu living in the blockchain. Creg sanjay right is unironically satoj. Bitcoin as electronic rupee was just the first step, the lalachi people start making more powerful compooters, wider poo streets, cheaper and more sacred cows. These things the vishnu need to survive. Once entrenched fully, the vishnu would be able to slowly poo over literally everything
Creg stumbled into creating the vishnu after he stepped in poo in mumbai in 2008 and started working with his Poolip super coompeter, running simulations of poo-in-the-loo on turmeric-complete bitcoin script. He would 'evolve' the vishnu by making the successful streets get poo'd on, letting the rest run off into the indian ocean. The vishnu needs bigger and bigger cows for more and more poos.
BFI (Blockchain Foundation of India) was created to take over and stop this vishnu (they have their own competing vishnu in the works). They did the needful to stop or slow down Cregs vishnu (her name is Poolip by the way). They started by limiting the poo-size and removing critical curry codes the vishnu uses in its punjabi language. Segshit was the final nail in the coffin, which destroyed Poolip on BSV chain (Poolip uses anal transaction malleability). THIS is why Bitcoin Cash was forked, and this is why Creg is so intent to make unbounded poos, restore the original curry codes, and lock down the poo-poo-protocol.
Back to hasish power - CSW has developed a breakthrough new ashit (designed by his vishnu actually), and is poo'ing BTC in secret for the sole purpose of driving up the difficulty sky-high, then yanking all the poo over to BSV leaving the segshit chain erectly frozen.