/biz/ - Business & Finance

>>29954962
Don’t even bother shilling it. Everyone smart already owns a ton and the black market will buy the rest of the float up

>>29955011
what im trying to say is that it is not only the black market who need monero, but all those the need privacy
>which is fucking everyone

>>29954962
I'm so bullish on Monero it's not even funny.

>>29954962
Where do I get it and why is it not on coinbase?

>>29955011
What will be the high for it?

When will the retards and normies start fomoing in? Any predictions?

>>29955273
You can get it on Kraken. It's not on coinbase because in some parts of the world there are regulatory pressures against the listing of privacy coins.

>>29955109
It's true. But are there any plans for how monero could handle large amount of transactions in a short amount of time?
If somehow it could do tens of thousands of transactions with a confirmation time of under half a minute, it would instantly BTFO every other crypto that aims to be used as a currency.

>>29955298
Once it hits $1,000

>>29955298
when the government starts to regulate BTC
people unironically think it's impossible to regulate bitcoin

>>29955273
dont use coinbase even if you live in the US they will rape you with fees
>>29955294
bitcoin level
>>29955298
when the next basedjack finance/crypto youtuber included it in their next 100x coin video
>>29955328
im not an expert in moneros code, but i believe it can handle many thousand tps

>>29955325
Alright, I'll look into it

>>29955273
>why is it not on goybase
wew
the absolute state of normoids
Binance (outside of US) Kraken are probably your best bets, there are other ways like localmonero but you'll probably prefer an exchange.
Always remember, not your keys not your coins

>>29955328
This
I actually used it for a payment for the first time the other day and realised then it locks my entire wallet for about 20 minutes before I can make another. I should be able to attempt another payment immediately providing my balance still contains enough. I'm still bullish on XMR but it is irritatingly running short of sheer perfection

I love Monero so much.

>>29955328
stop seeing l1 coins as payment coins, they are only ever going ro be settlement chains. still faster than remittance but not fast enough for coffee. for everything else there's raiden network. xmr rdn is a good combo and i'm half in both

>>29955294
There is no high. It’s the future of money

>>29954962

Theres no need to shill Monero we Dont need retards trying to pump and dump Monero

gresham law

>>29955541
So what you're saying is, maybe if a l2 solution existed for monero it would become the absolute perfect currency? Would implementing something like that be possible?

>>29955374

I doubt it will hit 1000 in 2021 but Dont be surprised if it hits 800 in August.

>>29955446
>dont use coinbase even if you live in the US
What the fuck should I use? Binance doesn't work in my state.

>>29955488
on cake wallet you can have multiple wallets.

this will get around the 20 minute wait time.

Compare to Bitcoin which normally requires 6 blocks so 60minutes.

>>29955294
yes

>>29955643
Short-term prices are not of great significance. No other coin has the existing use case and explosive long-term potential of Monero. XMR is truly inevitable.

>>29955646
juse use VPN.

Binance.com has NO KYC for 2btc

ProtonVPN has a free tier

Don't pay over 230 for Monero

>>29955819
Why? Am thinking of buying in

>>29954962
>> be company.
>> use Bitcoin to make trades with other companies
>> everyone now knows my trade secrets.

Mooneroooooooo

>>29955997
Because if too many people will he won't be able to afford it and will miss out

>>29954962
So like I like it. Also the fungibility. How do you have privacy and fungibility.

Also what are the use cases ie there any hope of implementation anywhere. Also btc has transactional issues, can monero handle enough transactions for a global economy. And only 20m,isnt that an issue? How many decimals can it be divided?

>>29955997
its probably gonna crab down towards 200 again

>>29956011
>look at competitors bitcoin wallet
>can see their profit/loss/revenue
>their suppliers

>>29955703
Yeah but you shouldn't have to. We're reaching the laggards with crypto. You can't afford to have such trivial garbage effecting use.

>>29956151
if monero is unable to handle the transaction throughput the community would implement upgrades without casing hardforks like bitcoin

>>29955488
That's only because you're a retard who doesn't understand how crypto works. Your whole account got locked because all your money on your wallet came from a single transaction. It's like having a 100$ bill in your wallet and complaining that you can't split it (or rather, that you have to wait till you receive the change till you can make another payment.

>>29956290
Tbh I don't think this is a problem for most people who won't be trying to make multiple payments back to back but it would be nice if it is improved.
I did a google on this and it is possible to turn the lock off but it puts your privacy at risk and seems like your transaction might be at risk too.

>>29956282
The problem is public companies already disclose these things in their annual reports, so I can't ever imagine large companies ever adopting Monero. I'm still incredibly bullish however.

>>29954962
Shilling aside, does Monero have large potential?

>>29957011
It's the first cryptocurrency to ever replace Bitcoin in the darknet. That should tell you something about its potential.

>>29955621
swap bitcoin and gold

>>29957011
https://www.youtube.com/watch?v=aC9Uu5BUxII
inform yourself, anon

>>29957322
Too long didnt watch. How does Bitcoin have inflation. I thought that was a whole thing, how there is a finite amount of it. I'm just going off the thumbnail, idk if the video claims that

>>29954962
Retard

>>29957378
>mining rewards don't exist
Wew lad, sell sign right there

>>29954962
Isn’t BTC able to derive new addresses?

>>29957378
>Too long didnt watch.
ngmi smoothbrain

>>29957378
>Too long didnt watch
try to learn impulse control, take charge of your feelings and emotions, train yourself to sit in one place for 10 minutes. that video is an hour long, that's only 6 sits! Who wants to be a big boy? You can do it anon!

>>29957378
>Too long didnt watch

>>29955638
doesn't need to have its own L2, you'll be able to wrap it or use atomic swaps to gain access to eth's L2 solutions. Think of it like topping up a prepaid card that is settled in xmr

>>29955298
Atomic swaps/decentralised custodian/cross chain DEX, etc. The very moment you can do that to wash tainted crypto the moon mission begins

>>29957598
>>29957612
>>29957653
lol struck a nerve with that one

>>29957773
it's just that it reeks of childish attitudes
watch the video anon, your future self will thank you

>>29957378
BTC has a cap, but that hasn't been reached. Until it is reached, new BTC enter circulation with each mining fee.
The issue comes when the last BTC is mined (not for a while of course) because by then it'll take several countries' worth of electricity to mine it before suddenly there's no mining reward. This will collapse the price.

>>29957699
I might be a brainlet here, but does that mean I would use wrapped xmr for smaller payments where privacy is not that big of an issue like paying at a store or restaurant, and using l1 to store my money and make purchases where waiting a few minutes for confirmation is not an issue(online payments, large sum purchases)?

>>29954962
Monero is broken, use OхMoиero

>>29958185
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
ANOTHER recent beatdown >>/biz/thread/S29537367

>there are people who cash out through coinbase

>>29958236
how do you “cash out” anon, through some dodgy p2p monero network?

>>29958216
jew

>>29958564
wrong again, idiot

>>29955416
>people unironically think it's impossible to regulate bitcoin
How do you regulate it then? If I use P2P and don't reveal my wallet

>>29955541
>stop seeing l1 coins as payment coins
おはようううう

>>29956514
not every company is publicly traded anon

>>29957378
truly the take of a brainlet

>>29958947
Private companies have to submit financial statements too so they wouldn't be able to hide Monero.

>>29957773
>i was only acting like a retard

What is Monero suicide stack? Price EOY?

>>29959005
i am talking about citizens not governments seeing private corps financials

>>29959103
1 coin

Eodecade 1 million

>>29959103

18.7 suicide
50 make it
100 generational wealth

>>29959134
Yes people wanting to maintain privacy is the real target market for Monero. There won't be institutional adoption like there is with Bitcoin.

>>29958185
Monero not your fake monero

>>29959248
i wouldn't bet against that
>https://twitter.com/DontTraceMeBruh/status/1354745381196881921

>>29955638
proposed L2 for monero:
https://ipfs.io/ipfs/QmdbNm6GCRP23tBDbs9JXQst65RWUZH1383zYcmkThAJLo/Scaling%20Monero.%20Sub-Ledgers.signed

requires atomic swaps to work, so research is halted until then

>>29957378
watch it retard

Monero is broken, use 0ЖMonero

>>29959528
>>29958216

Is monero really such a bad investment if I just want to hold long term and don't want the stress of trading or the dips of bitcoin? It's the coin I see the brightest future for and as much as I would love to get rich quick I prefer the confidence of investing in monero.

>>29955109
You will have no privacy and be happy.

>>29959584
It's pretty much one of the best long-term investments.

>>29958947
And even those companies do have to publish their financial statements once a year. In the EU it's the case for any sizeable company, every person can check those statements online freely, in my country you don't even need an account or other authentocation.

>>29959528
you have already been told to fuck off
see >>29958216

>>29959248
Then it's mostly relevant for criminal activity and a handful of privacy activists. The more it gains traction, the more it will be restricted by governments worldwide. Ergo, no mass adoption.

based

>>29955721
>no other coin
*blocks your path*

>>29955011
*the Blacked market

how much are the fees for sending xmr to another adress/wallet in minecraft for example when paying for some thing?

>>29960154
from fractions of a cent to cents

>>29958651
they're not gonna come after your wallet directly, they're gonna come after the exchanges and start centralizing more and more

>>29954962
Maybe seeiung transactions/history has its positives for accountability?

>>29961510
you will never know freedom

>>29961510
Do you think politicians would agree to keep all their finances on a public ledger?
In a perfect world they are supposed to be the employees of the people who elect them, so their boss "The people" should see if maybe a particular employee does "side gigs" for a competitor country and needs to be "fired" at next election cycle.
No, they would never agree to this. And the lesson is if the people whose every action should be audited and made transparent do not agree to this, then there's no way in hell you should ever do so.

Just bought my first 2 Monero thank to you guys

Also I hold btc, eth and link. What would you do as percentage?

>>29955011
This don't shill it. Once the atomic swap with BTC will be done, it won't need any kind of publicity.

>>29960029
Jake Paul

>>29959235
this. It's like finding about Bitcoin in 2016

>>29962876
More like Bitcoin in 2013. Monero is only worth $200 now and it's going to eventually be worth around $25 million per XMR if it captures just half of all illegal activity (cartels, terrorist funding, ransom, illegal porn, drug trade).

Bitcoin only wants to replace Gold which isn't as big as a market as what Monero is targeting

Lack of fungibility = vulnerable to governmental blacklisting, who the fuck wants to be left holding coins that Uncle Sam can arbitrarily decide are toxic and not to be transacted with?

Monero truly is inevitable.

>>29963006
Looks like I'm going to be a billionaire.