/biz/ - Business & Finance

I have a unknown amount of XMR, and dont count it in my excel sheet. Had to check the price and you are right, it decoupled.

>>29902746
Would you recommend monero as a safe place to keep gains?

>>29903105
that's what I do, it's never going lower than $100 imo and it has a lot of upside potential also

>>29902746
do i have to pay taxes with monero, in minecraft?

>>29902746
one of few crypto safe from great reset

>>29902746
I posted we decoupled in /xmr general/ a week ago and you dumb faggots laughed at me
Thank you Bobo for proving me right

>>29902746
Based and privacypilled

>>29903178
How would they know what you need to pay taxes on in minecraft?
Also politicians and other elites are already doing this to dodge taxes. It clearly works if they're doing it too.

>>29903144
>never going lower than $100

take your meds

>>29902746
Yup. I'm about to be FILTHY fucking rich in the sucker's rally tho.

>>29903105
Depends on legislators and commitment. XMR is the number one target for crypto bans, and I doubt this trend will change. HOWEVER, the looming economic recession might make governments think twice about sowing further FUD in the USD. On the other hand, they might nip it and other cryptos in the but early so it doesn't replace the USD when the USD does collapse. The reason (justification) for this ban is because it is the #1 most used coin for darknet sales. This means that people who have XMR and use it for its intended purpose will not ever sell until a better coin comes along, which is unlikely as XMR has demonstrated similar desirable traits that BTC had back in the 2010s. This means there will always be a base of value for XMR. Even if XMR is totally banned, the USD will collapse and deregulation is a very good way for governments to avoid/postpone civil unrest backed by whales and boomers. It is also likely these governments will make their own crypto to secure their own power, which is more likely given Agenda 2030.

It's a gamble that is more likely than not going to give you dividends.

>>29902746
just bought xxxxx XMR, feels good man, its a bargain right now

>>29903144
Thanks. One more question, do you think it’ll be relatively stable after may of next year? I’m reading the website and it seems that’s when the last of the initial coins will be mined?

>>29903636
Good explanation thanks man

>>29903686
check the xmr generals for more info, monero has a linear increase that will stay at 0.6 XMR/min after 2022.

>>29903105
Yeah you can park some gains in there, some in BTC if you want. Just keep an eye on the ratio. It bounced off a critical support level (.0035 XMR/BTC pairing). Anything less than .1 (1 BTC = 10 XMR) is criminally undervalued imo.

>>29903485
Hey I didn’t laugh at you.

>>29902746
based . I sold off all my bitcoin for XMR.

>>29903686
No, it's when block reward drops to the final value.
From that point on production is constant.

>>29902746
XMR is overpriced. OXEN is not. Do with this what you will.

>>29903811
Ok thanks. I was reading somewhere that it is likely monero outlasts Bitcoin because of deflation. That’s a simplified version of what I read but it made sense

>>29902746
Monero is King.

>>29903791
Don't mention it. I am by no means an expert though, so you ought to check out the general and DYOR. Personally, I say buy, but I would not FOMO under any circumstances. Ideally this coin starts pumping during/after the next recession, so that normies don't pull out once they start getting hungry.

>just got my new linux build working
>amd ryzen 9 5900x 12 cores
>gonna be mining on this bad boy 24/7 for untraceable and unknown amounts of XMR
Feels comfy man. I have no idea how linux works. I'm still trying to install wallet programs while it's still hymen intact never directly touched the internet but once I get me a couple dozen wallets generated and stored offline I'm gonna make me some money.

>>29904285
Nice, was thinking about building something like that. How much did it cost you?

>>29903893
Same

>>29904407
A fair bit. It's my first PC build in 11 years so it was a little rough. I think overall it was about $3000. I paid a $300 premium for the CPU since it was out of stock most places. I think it's worth it though since it's going to be my main battlestation for the next decade or so.

Sadly the GPU is only a 1050 Ti but later once GPUs are available again I've got two slots so I'll be able to get some nice mining GPUs that also work for gaming when I feel like it. For now I figure the 1050 is more than good enough for gaming since I basically haven't played anything more graphics heavy than skyrim since it came out.

It was inevitable, Monero is just too damn valuable to the criminal underworld.

>>29904285
Nice anon. Are you trying out ubuntu? It’s really fun once you get used to it.
I recommend learn linux tv on YouTube.

how many is suicide stack? i don't want to kms when this moons in the future

>>29902746

Monero is what BTC was meant to be. When punitive tax rates are implemented due to wuflu/socialist utopian millennials and cash is phased out under the guise of “public health,” the grey market will survive using XMR. BTC went full speculative asset when DNM’s refused to accept it - the “store of value” crypto, tied to its utility, is now XMR. Since it’s used to buy a basket of goods the price will be less volatile which is good - it does what it needs to do.

Utopians are already starting to target upper middle class wagies - seeking to loot anyone above them in their jealousy. I wouldn’t be surprised to see retirement accounts looted when the wealthy flee the US financial system and the utopians start grabbing whatever’s left. You’ve been warned - XMR is your insurance policy against the mob’s sloth, avarice and envy.

It’s crashing down to 60$ XMR fags are in panic mode as you can see from all the shilling threads right now.

If it really was great these tards wouldn’t be trying to shill it like the pajeet shitcoin that it is lmao

>>29905455
>how many is suicide stack? i don't want to kms when this moons in the future

Depends on what your needs are. Assuming Monero hits its oft-cited $40K projection by decade's end, your potential stack would be worth:

10 XMR = $400K

25 XMR = $1 million

50 XMR = $2 million

75 XMR = $3 million

100 XMR = $4 million

>>29905455
18.7 sui

BASED

>>29904701
Nice. I have a pc that I built several years ago. 8 core cpu with a decent gpu. Was cutting edge back then but not really anymore. Been mining Bitcoin on NiceHash but have been thinking of switching to all monero

>>29905516
>it is going down to 60 rupee
>xmr fags very scared now
>you must sell now and purchase 0xMonero, mcdonald coin and pancake token
>pls sir do the needful

>>29905369
I'm on debian but I'll still check it out. Eventually I'll upgrade to gentoo once I'm more comfortable with how things work. Ideally I never want to use winblows ever again.

>>29905516
You are retarded.

>>29905675
I'd love to be able to mine btc but it's just way too competitive. My electricity isn't free and I don't have a warehouse full of ASICs. I figure XMR is better because privacy and no ASICs means I have a decent shot of actually mining some.

>>29905889
Why does he have a street growing out of his head?

>>29905889
>>29905970
Maximum cope
Explain why you’re attempting to shill like pajeets with all these threads and not just quietly accumulating more?

Correct answer: Looking for some idiot to dump your bags on

>>29903105
I definitely think so.
Good fundamentals, more stable than other coins, very good as an actual currency, etc.
The downside is that there is less potential to do those insane short term gains you can make with BTC, ETH and smaller coins.

>>29906050

>upset BTC maxipad
Imagine watching your shitcoin drop 20% yet XMR has retained its fiat-value.

>>29905891
Debian is based, you're good.
Remember to compile XMRig from source with ryzen optimizations.

>>29906437

Zoom out XMR/BTC

>>29906822

>literal retard doesn’t understand what XMR is used for
Buy more food tokens, plebbitor tourist.

>>29906822
>he buys high

>>29904701
on shit retard what are you doing
you can get a 3900x on ebay for $350-400 right now

>>29907194

I've been on /XMR/ generals all the time but that's the blackpill. Zoom out and you will see that all altcoins going to zero in terms of satoshis. Even if bitcoin drops altcoins drops much harder thus not gain any value from bitcoin's regression XMR has a bigger chance for not going lower because of the demand from BTC side but who knows I feel hopeful for it and want to see at least 0.01 BTC even then it's 3x lower in terms of satoshis

dump already goddamit i need to buy more

can you tards stop making monero threads. i need it to dip more so i can buy

No coins here, let's say they actually did ban Monero. How could they possibly enforce that? If you have basic opsec it seems to me like no one ever needs to know you have Monero. Perhaps the riskiest thing then becomes trying to cash out Monero for fiat and getting caught by a sting.

>>29909943
Realistically the government could run nodes and subpoena IP addresses within their jurisdiction that connect to them
I don't think XMR can be banned in the United States though because because the block chain is kind of a form a speech, so it might be constitutionally protected. It has to be brought to court before I can say that for certain though.

>>29909943
>No coins here, let's say they actually did ban Monero. How could they possibly enforce that?

They'd force Monero off the main exchanges but the advent of atomic swaps make delistings irrelevant.

>If you have basic opsec it seems to me like no one ever needs to know you have Monero. Perhaps the riskiest thing then becomes trying to cash out Monero for fiat and getting caught by a sting.

You wouldn't cash out directly, you'd atomically swap into BTC or LTC first and then cash out, nobody need ever know you hold XMR.

So should I be selling BTC at a loss now for XMR or wait for it to rise a bit more and switch before the normalfags catch on

>>29910731
>So should I be selling BTC at a loss now for XMR or wait for it to rise a bit more and switch before the normalfags catch on

DCA

>>29908281
But 5900x is bigger number so isn't it better?
XMR mining is a secondary concern to me over futureproofing so this PC keeps working for the next decade.