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/biz/ - Business & Finance


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29988744 No.29988744 [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.

Longer introduction to Minero: https://www.youtube.com/watch?v=aC9Uu5BUxII

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

WHERE TO GET MONERO?

>KYC:
Binance
Kraken
Bitfinex

>Non KYC:
Local Monero
Morphtoken
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

>Mining guide
https://pastebin.com/CKwGCUwc

>> No.29988931

previous thread >>29938906

>> No.29989002
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29989002

nice fresh thread some retards were sperging out over racism and Jesus
Just bought more Monero

>> No.29989007

I love Monero, I love Monero-chan, and I hope you XMRChads have a great day.

>> No.29989184
File: 75 KB, 764x746, stimulus.jpg [View same] [iqdb] [saucenao] [google]
29989184

Time to do my part for the economy

>> No.29989317

Best thread for the best coin out there.

>> No.29989446

monero is the inevitable
how does it feel to be this right bros?

>> No.29989466 [DELETED] 
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29989466

>>29988441
hm? you're the one denying your nature. people do not like foreigners and if you've been brainwashed to the point where you don't feel this yourself you can simply observe the behaviour of the powers that be (https://www.informationliberation.com/?id=61403)) or read through studies (https://files.catbox.moe/40udjf.pdf)) which prove this simple fact of human nature which has strangely become controversial in the west

>> No.29989651

>>29989002
>>29989466
Monero chan tongues my anus

>> No.29989733

>Earlier this week, an explosives-filled SUV was parked outside ‘Antila’, the house of Asia’s richest man Mukesh Ambani living in Mumbai, India. As the investigation proceeds, Jaish-ul-Hind has claimed responsibility for this bomb threat and has demanded a ransom in crypto citing future threats if Ambani fails to pay them.
>From a written draft written by the terror outfit, it is clear that they have demanded the payment to their Monero address. The ransom message first appeared on the Telegram app.
Bullish af

>> No.29989818

This dude posted a chart saying bitcoin is fungible:
https://youtu.be/KBmVPdYuGvQ?t=169

I feel like he should know better wither his recent monero videos. I'm considering making a youtube account just to comment/message him

>> No.29989878
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29989878

>>29989733

Holy shit how did I miss that news. Bullish indeed

>> No.29990010

Wait do retards really think monero will be banned from dex's like changenow.io and stuff? Are they retarded?

>> No.29990011

>>29989818

I mean It is fungible on the software side though. But sometimes it is not socially fungible.

>> No.29990022

Question.
Why is this coin that is arguably one of the most actually useable for transactions so undervalued? I was thinking of buying but the coin doesent look volatile or bullish at all?

>> No.29990125

whats the best non-p2p non-kike your customer exchange to sell btc/eth for xmr?

>> No.29990179
File: 165 KB, 548x932, 1613830978568.jpg [View same] [iqdb] [saucenao] [google]
29990179

>> No.29990199

>>29990022
Because the majority of crypto investors are retarded moonboys.

>> No.29990217

GOD, the more people shilling a crypto the worse it dumps. Stop being a faggot, don’t follow this trash
I don’t trust this scam. My investments are on liquidity pools with YVS Finance model. I can withdraw whenever I need and any amount with no stupid gas

>> No.29990341

>>29990022
because that makes it boring, which also makes it the smart long term investment. remember, in the stock market, it's the less-frequently traded shares that yield the highest returns.

>> No.29990358

>>29989466
Imagine Monero-chan laughing as you desperately try to escape her. she rips off your clothes with ease as you crawl away, broken and bruised as she handles you like a child. you cry out for help as you squirm away, but her strong grip forces you right under her sweaty muscular body.
She breathes heavily as she takes in your lean body, ready for her personal use.
Tears fall from your eyes, watching her slide off her underclothes as she grinds painfully against your crotch, almost crushing your hips using her powerful glutes. your body responds, accepting your fate before your mind can, realizing that there is no escape from her.

She takes your rod, hot and ready to be used, and guides it into her, much to your despair. She grins evilly as you scream in pleasure and pain, her tight snatch robbing you of all your will; she likes your tenacity, enjoying the chase and fight she had to get through to reach her prize. She loves that she and her sisters will birth many strong children from your fertile body. She loves that you will share her bed and take pride in the children that her family will create with your ever-fruitful body.

Accept it or not, your fate will remain the same.

>> No.29990500

>>29990217
Finally, an Anon with a brain. Monero is TRASH!

>> No.29990539

You know all those movies where the bad guy is demanding a ransom and they have to have an absurdly elaborate plan for the cash-drop since that's the best opportunity for the cops to get them?

Monero is making that trope obsolete. Not long and that trope will date movies the same way not having cell-phones makes so many old stories look quaint now.

>> No.29990611

>>29990217
What did he mean by this

>> No.29990641

>>29990611
"He" is a Python script

>> No.29990666
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29990666

>>29989818
>This dude posted a chart saying bitcoin is fungible

Some people just gotta learn the hard way.

>> No.29990723

>>29990666
devil speaks the truth

>> No.29990780

>>29990217
cool story faggot, not sure why youre lurking in these threads
>>29990500
samefag

>> No.29990801

>>29990666
thanks, satan

>> No.29990805

>>29990666
the devil always tells the truth

>> No.29990959
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29990959

Threadly reminder for newfriends:
>Monero is NOT Jewish
>Monero took control of dnm after (((Bitcoin))) died & killed the jewish "privacy" (((coins))) who were using the names 'Verge' and ‘Zcash’
>Monero has killed an undetermined number of Jews greater than 0
>Monero has its own form of libertarianism, which is not the same as the jewish form (which aims for world domination - NWO).
>Monero is the lesser of 2 evils. If Monero does not take over, the jews will inflict much more harm and deaths on the non-jews.
>Some jews in the USA are at war against Monero (Jewish IRS offering to pay $700,000 to anyone who deanonymizes Monero - GOOD LUCK!).
>Monero supports BDS and is planning on destroying Zionist Israel.
>Jews gloat about supposedly defeating Monero in their writings.

>> No.29990995
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29990995

>>29990666

Mark of the beast

>> No.29991101

>>29990179
MUH DICKKKKKKKKKKKKKKKKKKKKKKKKKKKKK

>> No.29991186
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29991186

Mining Monero with my gaming rig and keep on stacking under 10% of BTC

>> No.29991252

>>29988744
So I read in a thread earlier that if you buy monero on an exchange, and move it to a wallet, that it cannot be tracked once it leaves the exchange?
Is that true?

>> No.29991291

>>29991252
that's the advantage of Monero

>> No.29991430

>>29990010
>ChangeNOW is integrated into multiple cryptocurrency trading platforms, including Binance, Bitfinex, Huobi, OKEx, and Kucoin. At the moment of the trade, we’ll choose the best exchange rate on the market at any given moment and offer it to you.
It won't get banned on those exchanges though because that would make it more difficult to trace

>> No.29991444

>>29991252
Yep that's the thing about Monero. Designed from the ground up to be fully anonymous and untraceable. Even the exchange won't know to which wallet it was sent to when withdrawing.

>> No.29991551

>>29991186
What do you mean with "stacking under 10% of btc"?

>> No.29991564

>>29991430
>>29991444
not really true, you guys should stop spreading misinformation, just tell people to dyor

>> No.29991644

>>29991564
meant for
>>29991291
>>29991444

>> No.29991832

>>29991644
>>29991564
Where are they wrong?

>> No.29992050

>>29991564
I agree that people should do their own research.

What I was referring to was the fact that monero uses one-time addresses so the address you give the exchange for it to deposit to your wallet can't be connected to your actual wallet.

The government Will only know that you bought X amount of monero and transfered it out of the KYC exchange. They can't say anything about the funds or wallets afterwards.

>> No.29992082

>>29991252
Yes. The exchange will know that you moved to a wallet, but has no way to know what happens afterwards.

>> No.29992110 [DELETED] 

kek, check this piss on /biz/
these faggots think we will visit this trash
>I am not a racist but these niggers are rly dumb
>good that my wallet is safe on justliquidity with their great staking and yield farming

>> No.29992212
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29992212

>>29988744
I'm so bullish on Monero it's not even funny. $10,000 is FUD.

>> No.29992393

Don't pay over 230 for a Monero coin

>> No.29992524

>>29991186

Keep mining bro even if you have to join a mining pool

>> No.29992546

>>29990125
>>29990010

>> No.29992679

>>29992050
you give the exchange your address/subadress and the stealth address is generated when they send it to that address. And subaddresses are linkable to some extent.

>> No.29993109

>>29991832
it can be traced to the first wallet that it's sent to from the exchange, i think, but after that all you have to do it push it to another gui wallet and you're in the clear from there

>> No.29994340
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29994340

All this FUD made me start up another miner.

>> No.29994425
File: 1.01 MB, 1295x864, 1613920037242.gif [View same] [iqdb] [saucenao] [google]
29994425

me solo mining at 110 H/s

>> No.29994653
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29994653

>>29992212
as you should be. It's not a moon mission...

>> No.29995422

>>29994425
Kek

>> No.29995942

>>29994425
Strength in numbers my boy.

>> No.29996443

is 4700 h/s good?

>> No.29996863

>>29996443
how does .5 monero a year sound?

>> No.29996891
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29996891

>>29996443
That's a respectable hashrate.

>> No.29997118

how accurate are this anon's posts?
>>29992679

>> No.29997273

>>29994425
I’m getting 350 on an old Frankenstein tower and I’m surprised it’s even getting that. Most of the parts are over a decade old.

>> No.29997517
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29997517

how many of you got this scam?
i don't even know how they got my discord

>> No.29997518

>>29991551
Stacking under 0.1 XMRBTC price is a gift. Monero will be at least 10% of Bitcoin's marketcap.

>> No.29997846

how many xmr do i need to stack to live a modest life in a few years?

>> No.29997869

>>29997517
>discord
cringe

>> No.29997956

>>29997846
Some estimate gave 40K per coin by decades end. So ten gives you 400K. 25 for a million.

>> No.29999207

>>29997118
If you use the same sub address for everything you could lose privacy (people can link your identity). But the contents of your subaddress can’t be known or proven.

>> No.29999485

Newb question about running my own node vs. connecting to remote.

If I connected to a remote node once just to check it out, but didn't perform any transactions, then ran my own local node after that and never connected to remote again.

How safe am I? Hypothetically if that remote node was a honeypot then they know my IP? Should I just make a new wallet now...

>> No.29999822

>>29999485
Knowing your ip address does not show any information about how much monero you have, how much you sent, or how much you received.
A node operator can see the ips that are connected to his node, but that’s all.
Making a new wallet would be pointless. If you are concerned about this run your own node or use a vpn.

>> No.30000579

You can't buy monero on binance, bitfinex, nor kucoin

>> No.30000627

>>30000579
good

>> No.30000678

>>30000579
You mean buy with USD?

>> No.30000704

>>29999822

I set up my own node locally soon after testing my connection to the remote node.

It just feels "dirty" having connected once. This is also my OCD and OpenBSD-tier paranoia talking though.

>> No.30000746

>>29997517
Same

>> No.30000779

>>30000579
Huh? I can

>> No.30000821

>>30000579
Use Bisq and Money Order. 100% Anon. Wear gloves, hat and sunglasses too lmao

https://bisq.wiki/US_Postal_Money_Order

>> No.30000899

>>30000704
monerod and xmrig should probably work on OpenBSD

>> No.30001140

>>30000579
Maybe (you) can't.

>> No.30001240
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30001240

>>29988744
>>29988744
Can someone give me a rundown on how to join a mining pool? I'd like to join something with no fees. Thank you so much.

I have a 5800x I'd like to put to work.

Is mining on my own even an option?

>> No.30001516

>>30001240
Download xmrig
Join monero ocean for 0 fees
Connect to their pool
????
Profit

>> No.30001652

>>30000579
the fuck are you talking about i'm watching it on kucoin right now, bought some last week

>> No.30001698

>>30001240
>Is mining on my own even an option?
Yes. You'll score big once in a while rather than getting small consistent returns from a pool.

>> No.30001803

Mine Monero

>> No.30001854

>>30001516
I have XMRig and see it on the donate.v2.xmrig.com pool. How do I change pools? Thanks so much.
>>30001698
How often is once in a while, and how much do you make per score? Is it even worth from the perspective of someone using a gaming computer (running 24/7 with a 5800x)?

Also, do I have to point XMRig at my wallet?

>> No.30002164

>>30001854
donate.v2 is the devfee pool, don't forget to change to 1% or if you can, compile it yourself to not donate to the dev.

>> No.30002170

>>30001854
currently around 1.2 xmr, decreasing towards 0.6 xmr in 2022. with a 5800x you should just over 1.5 blocks per year on average (at the current difficulty)

>> No.30002232

>>30001854
you change pools by editing the config file
once in a while will be like, once a year
not really worth it unless you just want to help the network
yes, you have to point at your wallet

>> No.30002344

>>30000579

ffs can someone add binance(non-us) to these threads? Jesus you guys are so fucked up you can't even use binance

>> No.30002395

>>30001854
xmrig donates to developer but if you build it yourself you can turn it off

>> No.30002915

>>29989651
paid her an undisclosed amount I'm assuming

>> No.30002927
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30002927

mogged

>> No.30003287

>>30002395
Done - thanks. Donatelevel line removed.
>>30002232
All done - thanks much.
>>30002170
Sheeeeeeeeeiiiit how a nigga fin botta get excited for sum that ain't happen but erry 8 months fuck dat

I pointed it at moneroocean.

Do I have to wait to Synchronize muh Daemon Blocks before I get mining? Should I node to support the project (I'm leaning yes, to make up for all those torrents I never seeded)

Also when does my first moneroocean check get deposited into my monero wallet

>> No.30003393

>>30001854
>How often is once in a while, and how much do you make per score?

seconding this question, very curious

I remember reading a few weeks ago about one anon that started solo mining and hit a reward very shortly after starting, currently living off that sweet hopium

>> No.30003403

>>30003287
Can you share your binaries ?

>> No.30003404

>>30003287
Follow up qn - do I need to have the GUI running when I'm mining or nah?

>> No.30003465
File: 275 KB, 1102x1242, monerochan10.png [View same] [iqdb] [saucenao] [google]
30003465

>>29994425
Based king. Thanks for securing the Monero network . Every bit helps after all.

>> No.30003609

>>30001240
Sure is. use start_mining 4.

>> No.30003619

>>29994425
This guy is going to make it.

>> No.30003772

>>30003465
>She's driving a modena spyder
I knew I picked the right shitcoin boiz

>> No.30004491

>>29988744
6110h/s for a 5800x decent?

>> No.30004684 [DELETED] 
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30004684

>>29988744
>>29988931
>>29989002
>>29989007
>>29989184
>>29989317
>>29989446
>>29989651
>>29989733
>>29989818
>>29989878
>>29990010
>>29990011
>>29990022
>>29990125
>>29990179
>>29990199
>>29990217
>>29990341
>>29990358
>>29990500
>>29990539
>>29990611
>>29990641
>>29990666
>>29990723
>>29990780
>>29990801
>>29990805
>>29990959
>>29990995
>>29991101
>>29991186
>>29991252
>>29991291
>>29991430
>>29991444
>>29991551
>>29991564
>>29991644
>>29991832
>>29992050
>>29992082
>>29992212
>>29992393
>>29992524
>>29992546
>>29992679
>>29993109
>>29994340
>>29994425
>>29994653
>>29995422
>>29995942
>>29996443
>>29996863
>>29996891
>>29997118
>>29997273
>>29997517
>>29997518
>>29997846
>>29997869
>>29997956
>>29999207
>>29999485
>>29999822
>>30000579
>>30000627
>>30000678
>>30000704
>>30000746
>>30000779
>>30000821
>>30000899
>>30001140
>>30001240
>>30001516
>>30001652
>>30001698
>>30001803
>>30001854
>>30002164
>>30002170
>>30002232
>>30002344
>>30002395
>>30002915
>>30002927
>>30003287
>>30003393
>>30003403
>>30003404
>>30003465
>>30003609
>>30003619
>>30003772
>>30004491
don't mind me. just passin' thru.

>> No.30004688
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30004688

positive market correction incoming. this could be it

>> No.30004735
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30004735

WTFWT

>> No.30004773
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30004773

>leave work
>stop by my old high school classmates brand spanking new pizza restaurant to pick up a pie
>get home
>check mailbox, wax has arrived
>check Blockfolio, we’re back at $230

Today was a good day, I hope it spreads to you guys, too.

>> No.30004834
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30004834

where's the POOMPA guy?

>> No.30004871
File: 338 KB, 670x600, 045479F3-AA24-457B-BD73-7ED824EC9C6C.png [View same] [iqdb] [saucenao] [google]
30004871

POOMPA

>> No.30004970
File: 385 KB, 1080x2160, Screenshot_20210301_233806_com.kraken.trade.jpg [View same] [iqdb] [saucenao] [google]
30004970

wtf why is it pumping so hard? Did some billionaire's son just get kidnapped and he has to pay the ransom in Monero?

>> No.30005176

>>30004684
I am very mad because i too worship the developers of the coin I choose to hold and now I will cry

>> No.30005320
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30005320

WHAT THE FUCK WAS THAT

>> No.30005324
File: 122 KB, 576x906, Screenshots_2021-03-01-17-45-24.png [View same] [iqdb] [saucenao] [google]
30005324

>>30004970

Its not being pumped people are making their stacks

Don't buy Monero over 230 right now make your stacks

Encourage miners to mine Monero and not other coins

>> No.30005388
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30005388

>>30005176
don't forget to hit that LIKE button!

>> No.30005389

>>29992393

HOW THE FUCK DO YOU KNOW THAT

>> No.30005438

>>30000579
wrong, I got XMR on both Binance and Kucoin, you're probably not look at the BTC pairs: XMR/BTC

>> No.30005503

>>30005389
why are people saying this ?

>> No.30005924

>>30005438
It's harder for Amerifags to get XMR but don't worry, their government definitely isn't turning more and more into China or anything like that.

>> No.30005986

>>30005503

Sorry if you find it rude or smth but I saw that post twice today and I don't get it like okay don't pay over 230 for monero but it hit like 230 in an instant unbelievable

>> No.30006117

What are your plans if XMR goes to like 1000 usd this bullrun? Do you try to time and cash some out or just hold? I only own BTC, eth and XMR and have always just holded. I think long term XMR potential is way over 10k usd

>> No.30006127

>>30005986
Seems to be some creepy school shooter type message.

The one day I don't fucking read /biz/ is the day I short Monero.

Luckily it didn't liquidate since I shorted at 222, but fuck me, blueballing me all night then follows up with a fucking uppercut.

>> No.30006463

>>30005986

Yes normies and boomers might buy it over 230 but not us trying to create stacks

You cant have retards buying it at 300 and selling it the minute it hits 290

I am encouraging poor pajeets to get into mining pools to mine it

Eventually it will be Dont buy over 240

The Monero will eventually hit 800 a coin by August

We Don't need TV news talking about the coin then boomers will dump 30k at a time pricing us out of building stacks

>> No.30006519

>>30006117
Just hold

>> No.30006647

>>29988744
watch price whole week fomo in at 230 xDDDD

>> No.30006682

>>30006519
If he has enough coins he can sell here and there

But Always keep at least one

>> No.30006693

Is it worth it to start mining monero this late?

>> No.30006709

is that true? will this token make me rich mr anon?
or you just trying to scam people with shit
>I have already hold SWG and got rewards
>BSC will be amazing for platform development

>> No.30006764
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30006764

>>29989878

>> No.30006766

Havnt been following me for a while. Did they ever get ip privacy working? With i2p otherwise?

>> No.30006768

>>30006117
buy lots of stuff with it

>> No.30006791
File: 10 KB, 259x194, D035BA0F-072A-4DAC-BA13-B3650ABFE891.jpg [View same] [iqdb] [saucenao] [google]
30006791

>>30004834
POOMPA
*BANG BANG*
POOMPA
*BANG BANG*
POOMPA
*BANG BANG*

>> No.30006862

>>30006117
Going to buy more, not going to make it at just $1000

>> No.30006868

>>30006693
>this late
No idea what you mean by that.
Look up monero mining benchmarks and find the hash rates for your cpu. Go to the monero page on whattomine and plug in your hash rate and electricity cost for a rough estimate of what you can expect.

>> No.30006964

>>30004773

Thats the thing we need to avoid pumps a slow build up so our coins are worth something it will go to 240 next Monday

But it needs to stay stable at 227-230 right now

So those that want to sell can sell and those that want to buy can buy without numbers bouncing allover the place

>> No.30006972

>>30006117
>>30006768
but I also think it might go much higher than that this bull run. I expect btc to hit 200k+ so xmr would have to stay at basically the same ratio it's at now for 1k to be the top.

>> No.30006993

>>30006117
I would be tempted to sell and then realize I wouldn't know what to do with the cash beside buy more monero.

>> No.30007126

>>30006709

It will double theres not a once coin that you can buy for a dollar and a month later its worth a million

Monero will be worth 800 by August if it only goes up like $10 dollars a week for awhile

We need more miners not just buyers

>> No.30007205

>>30006682
Fair enough.
If I make it, I'll try to create side businesses that accept payment in Monero. Do not wanna get into this just to get rich, this has potential to improve society.

>> No.30007247

>>30007126
you just responded to a literal shill bot lol

>> No.30007354

>>30006693

Depends on your rig tons of videos on mining monero on youtube.

If you needed to know its not possible to mine on a rasberry pi

Your best bet is to join into a mining pool for monero

>> No.30007462

>>30007247

Didnt realise he was a shill trying to shill some shit coin

Was hoping he was a pajeets that could use his electricity and CPU for mining

>> No.30008219

Are 100+ monero enough to make it?

>> No.30008413
File: 354 KB, 1270x1352, satis-group-privacy-coins-.png [View same] [iqdb] [saucenao] [google]
30008413

>>30008219
>Are 100+ monero enough to make it?

Fuck yes.

>> No.30008546

>>30008219
100 I think is very easily make it in 5-10 years

Wish I had that much

>> No.30008757

>>29991252
it's the whole point breh

>> No.30008790

>>30006764
Lmaoooo good news article, need more stacks.

>> No.30009151

>>30008413
why are monero's projected so high?

>> No.30009408
File: 107 KB, 1159x644, 89238942.png [View same] [iqdb] [saucenao] [google]
30009408

>>30009151
>why are monero's projected so high?

Basically because organized crime is getting into crypto now and will almost certainly adopt Monero as its digital reserve currency.

Considering OC worldwide generates $2 trillion a year its not hard to see where things are headed.

>> No.30009522
File: 760 KB, 1242x1518, 8997CCE5-A1E7-49D6-8392-ACD3358A8E0E.jpg [View same] [iqdb] [saucenao] [google]
30009522

I just found my make it vehicle

>> No.30009592

>>30009522
My make it vehicle is an old used 1999 nisan maxima because expensive cars are for niggers who dont care about their money

>> No.30009747

>>30009592
mine is a bicycle and living somewhere that isn't full of fat fucks where you have to drive everywhere

>> No.30009831

>>30009408
ok so price predictions for monero?

>> No.30009861

>>30009408
i'm so fucking erect.

>> No.30009915
File: 354 KB, 1928x1240, 1614548730920.png [View same] [iqdb] [saucenao] [google]
30009915

>>30009408

>> No.30009981

>>30009592
Ya I posted that bc it was supposed to be a play on words for “holding monero.”Based take though. Stay frugal.

>> No.30010015

>>30004688
checked and dusterpilled

>> No.30010067

>>30004773
<3

>> No.30010259
File: 133 KB, 654x409, RUdPyQP.jpg [View same] [iqdb] [saucenao] [google]
30010259

>>30009831

>> No.30010262

Do you guys think another market correction/dump will happen like in 2k17? If so do you guys think monero will take a hit as well? I really do have faith in this project but dont want to buy in only for it to dump hard latter.

>> No.30010467

>>30010262
monero acts a bit different from the rest of the coins since it isnt really "speculative" and is actually used. I treat this coin as like "crypto gold" because a bubble is generally harder to make.
I am personally predicting that the current bull run for both crypto and the stock market will die out sometime this summer or earlier since there are still stimmies to be handed out, but no solution for inflation.

>> No.30010544

>>30009831

800 by time August

If you keep the boomers out

>> No.30010591
File: 554 KB, 1891x1017, why-monero-is-safe.png [View same] [iqdb] [saucenao] [google]
30010591

>> No.30010794

based

>> No.30010821
File: 406 KB, 854x1404, crypto-money-laundering.png [View same] [iqdb] [saucenao] [google]
30010821

>>30009831
>ok so price predictions for monero?

Well, predictions are tricky in a market this volatile and irrational but if criminal adoption and therefore black money influxes keep steadily increasing then high 5 figures, even 6 aren't so fanciful.

XMR only needs a market cap of $180 billion to be at $10K. If just 5% of annual OC revenue flow into crypto i.e. Monero that's $100 billion EVERY YEAR! If its 10% that's $200 billion EVERY YEAR.

And that doesn't count the truly epic FOMO-fueled bullrun that will kick off once normies realize Monero is a bona fide Mars mission.

So you can see why the $40K projection is actually pretty reasonable and might well be an underestimation.

>> No.30010896

>>30009831
1xmr = $1000000 next week

>> No.30011203

>>30006117
Literally not selling a single Monero until $50k

>> No.30011302

>>30006766
Yes with Dandelion++

>> No.30011663

>>30011302
https://web.getmonero.org/2020/04/18/dandelion-implemented.html

>> No.30011768

>>30010896

No Dont pull that bullshit here

This is not a pump this is building stacks before the normies and boomers discover Monero

>> No.30011832

Heres a video on mining Monero

https://youtu.be/t9pmLZNrJZQ

>> No.30011967

>>30010821
At the end of the day, Monero will become more valuable than btc. It’s just a matter of when. It is the only true crypto. It can reach $100 000 plus in time and become one of the most valuable commodities in existence. This is one of the most important developments in recent history.

>> No.30012050

>>30011203
This. This in every sense.

>> No.30012303
File: 70 KB, 769x1285, monerochan14.jpg [View same] [iqdb] [saucenao] [google]
30012303

>>29990358
Based and orangepilled.

>> No.30012310

>>30006117
My price target is $1 million. That's around ~$19 trillion market cap. The global black market is at least $15-20 trillion by conservative estimates. The amount of offshore wealth is $21-32 trillion. So, a $19 trillion market cap for Monero would only represent (at most) half of the black market + offshore wealth. I think that's a very realistic number long term. And that's not even factoring in any additional value from speculation or mainstream adoption.

>> No.30012535

- news mostly about attacks, patches and delistings

- perceived as archaic and static compared to newer smart, agile and well-connected projects

- might get banned and then difficult to trade with no liquidity

- wallets not fool-proof, users of hardware wallets show up daily because they can't see their coins

- no ubiquitous ways to buy directly with fiat

- missing on important exchanges

- (relatively) high barrier of entry for 2021 batch of buyers and people unfamiliar with crypto

- not natively compatible with ETH ecosystem

- no equivalent to easy browser plugins (e.g. Metamask)

- Anti-Virus stops Monero wallet installations

- no major DeFi applications, locked-out of the system

- few ways to earn money & rewards

- rewards only people with beefy mining CPUs

- no staking

- no official support

- no supply deflation by incentivizing to lock-up XMR

- supply inflates forever

- hodlers get nothing and continuously pay for inflation

- network effects haven't reached critical mass

- indirect governance is difficult and incentivizes freeloading

- little incentive to build on top of XMR

- other projects have far greater resources

- might get tracked in the future

- privacy might get trivialized and becomes a worthless commodity

- many other projects add "good enough" privacy leaving XMR only attractive for marginal groups

- some DeFi protocol with a pool and stablecoin might offer seamless privacy and stability in DeFi ecosystem without having to jump through as many hoops as one has to do with XMR

- stigmatic reputation

- some reputable parties don't want to be associated with XMR

- big target for the government while other coins can fly under the radar

- already somewhat mature so less growth rate to be expected

- less price action means less attention

- age of coins with just one feature + chain might be over

- perpetual downtrend against BTC discourages hodling

>> No.30012580

>>30011768
we will see next week

>> No.30012598

>>30012535
- community encourages only to buy when people have a reason to dump/sell it right away

- investors are dumping in favor of BTC and DeFi which have monster momentum

- possibly giga-whales perpetually dumping

- uncertainty about supply bugs

- inefficiency in initial mining exploited

- parts of the code are weak and have never been properly audited (e.g. P2P stack)

- during attacks simple people had a bad user experience and nothing worked

- possible crackdown by governments and central banks on whole crypto space with uncertain outcome for XMR

>> No.30012668

>>30012535
Thanks, this thread was getting super gay.

>> No.30012715
File: 50 KB, 750x730, 1592626838602.jpg [View same] [iqdb] [saucenao] [google]
30012715

>>30012598
>>30012535
the fud is getting desperate, time to accumulate more

>> No.30012751

>>30012598
great. just went all in xmr

>> No.30012758

99% of the planet doesn’t understand Bitcoin. 99% of crypto hodlers don’t understand Monero. That’s how early we are

>> No.30012802

>>30012535
I don’t know where to begin with how retarded this post is. I don’t have time to rebut every point here but suffice to say most of these are strengths of monero, perceived as weaknesses by individuals who have no sight for the bigger picture.

>> No.30013083
File: 280 KB, 2024x5392, farcaster-swaps.png [View same] [iqdb] [saucenao] [google]
30013083

>>30011967
>At the end of the day, Monero will become more valuable than btc. It’s just a matter of when. It is the only true crypto. It can reach $100 000 plus in time and become one of the most valuable commodities in existence. This is one of the most important developments in recent history.

Probably, but this will require Monero surviving the many multi-governmental onslaughts that will inevitably follow once it becomes apparent that Monero is facilitating widespread tax evasion and money laundering, they won't just sit back and watch, they'll play the terrorism and pedophile cards and do their best to hurt Monero wherever possible.

I'm confident XMR will survive in the long-run but it might get hairy for a while. This is why atomic swaps are so critical, once they're up and running I'll sleep a lot easier.

>> No.30013094

>>30012535
>>30012598
idk why but this made me crack up pretty hard

>> No.30013305

>>30013083

Dont you think governments would have already acted to ban monero in various jurisdictions??

The latest chainalysis report mentions monero not even once seems their strategy is to ignore it until it becomes big then FUD it to death. I don't see how they can really stop it???

>> No.30013416
File: 144 KB, 740x640, monerochan13.jpg [View same] [iqdb] [saucenao] [google]
30013416

>>30012535
>>30012598
Anon... you've posted the worst FUD on the board.

>> No.30013495

>>30012535
>>30012598
kek. autistic fudposter just blew his load.

>> No.30013914

>>30012535
>>30012598
The absolute state of XMR fud.

Dear newfags, this is what desperate, forced fud looks like. This is what people are talking about when they say “always do the opposite of /biz/“

>> No.30013981

>>30006972
>>30006117
$1k is horseshit and this ratio is horseshit. Monero will go over $5k this bullrun. That's a conservative price.

>> No.30014072
File: 152 KB, 1280x720, 75753.jpg [View same] [iqdb] [saucenao] [google]
30014072

>>30013305
>Dont you think governments would have already acted to ban monero in various jurisdictions??
>
>The latest chainalysis report mentions monero not even once seems their strategy is to ignore it until it becomes big then FUD it to death. I don't see how they can really stop it???

Right now they're mostly in a wait-and-see holding pattern with only a few jurisdictions forcing Monero off exchanges. But if and when they start to see the numbers shifting in the wrong direction is when the gloves will come off and then we'll see a much more aggressive adversary.

If they can't prevent people acquiring and using XMR they'll either ban ALL crypto (unlikely) or focus all their resources on taking down the network, which might yield mixed results. Hopefully by then we'll have enough nodes and miners to weather the shitstorm.

>> No.30014112
File: 2.32 MB, 1050x1404, sn.png [View same] [iqdb] [saucenao] [google]
30014112

regulation works. they banned tumbling bitcoins, they will definitely ban your shitcoin. when World Government makes private wallets or the privacy features of monero illegal it's over for monero.
>atomic swaps
will successfully be outlawed.

>b-but how will World Government hide their wealth?
they don't need to anymore. we're entering the final stage of World Government, global communism. Only white people have ever cared about corruption but that era is long over by now because of a number of reasons. Grow up and accept the situation.

>i-it will never work! what about tor?
yeah because governments can never get together and tor nodes. retard. the eternal cope of the White man - "th-they'll never take muh free speech", "th-they'll never take muh guns". Monerofags are a 1:1 equivalent of people who think 3d printer will save the second ammendment, or that "decentralization" is going to save free speech on the internet. CRINGE. you are cringe and don't know what you're talking about. Sell all your monero before you lose EVERYTHING. Cash out to a bank and do something useful with your money.

>> No.30014232

>>30014112
>because governments can never get together and tor nodes
and ban* tor nodes

>> No.30014416

>>30014112
>Bitcoin SV

>> No.30014638

>>30014416

So I just bought some ETH to shove into EXODUS (ETH and BTC are the only crypto's I can buy on the exchange that doesn't require ID). ETH is going up quite a bit now. Should I wait for a bit before buying XMR?

>> No.30014738
File: 99 KB, 769x1285, monerochan5.jpg [View same] [iqdb] [saucenao] [google]
30014738

>>30014112
>>30014232
DON'T CARE
DIDN'T ASK
NOT SELLING MY [UNSPECIFIED] XMR UNDER $1,000,000

>> No.30014783

>>30012535
>(relatively) high barrier of entry for 2021 batch of buyers and people unfamiliar with crypto

the best coins are the ones that are not meant for normies, because normies will never adopt crypto en masse. it's for people who want to obfuscate wealth, and smart contract devs.

>> No.30014826

>>30014112
>>30014232
based just bought even more.

>> No.30014838

>>30014738
If they break in to shut down my node, it's not going to be my problem for that long.
>complying

>> No.30015421

>>30014112
Not sure if bait since I thought BSV was just a meme to trick newfags. But tumblers have always been illegal, that's just called money laundering. Since money laundering and tax evasion are illegal they don't have to ban xmr, they can just charge people who they suspect of breaking those laws. Just like guns will never be banned since murder is already illegal. And they don't need to ban tor for similar reasons, they'll just charge whoever they suspect of breaking a law that's already on the books, and they run their own tor nodes to monitor the network. Similar with xmr, they can just get data from exchanges and compliant/compromised merchants to help with blockchain analysis like identifying decoys/real outputs and for timing analysis. Also BCHA is the true bitcoin and CSW is a fraud, and xmr uses dynamic block sizes which is superior to default big blocks.

>> No.30015618

>>30014112
Bitcoin tumblrs still exist lmfao retard

>> No.30015729

>>30015618
>>30014112
btw like how he threw in the bit about 3D Printers, GLOWING RETARD
https://twitter.com/Ivan_Is_Back
GO CHECK OUT SOME 3D PRINTED WEAPONS

>> No.30016013
File: 549 KB, 945x745, 38DEFC1F-E655-48DB-BD39-226AE719BAED.png [View same] [iqdb] [saucenao] [google]
30016013

>> No.30016181
File: 22 KB, 480x480, microwave head.jpg [View same] [iqdb] [saucenao] [google]
30016181

>>30014112
imagine being this retarded

>> No.30016283
File: 48 KB, 600x587, good night my sides.jpg [View same] [iqdb] [saucenao] [google]
30016283

>>30009522
Criminally unchecked

>> No.30016526

>>30014112
>Under the conditions of the surrender, three hundred married women were to be handed over to the victorious Romans asconcubinesandslaves. When thematronsof the Teutones heard of this stipulation, they begged the consul that they might instead be allowed to minister in the temples ofCeresandVenus. When their request was denied, the Teutonic women slew their own children. The next morning, all the women were found dead in each other's arms, having strangled each other during the night. Their joint martyrdom passed into Roman legends ofTeutonic fury.

>> No.30017034
File: 493 KB, 828x1792, 20EA7301-4D35-4836-8B54-6DEB1B169C96.png [View same] [iqdb] [saucenao] [google]
30017034

Cake wallet is so pretty with the bright theme

>> No.30017454
File: 24 KB, 600x623, bigjb21.jpg [View same] [iqdb] [saucenao] [google]
30017454

>>29990358
>mfw not in a universe where i get violently raped and abused by monero-chan
>mfw i will never become mentally broken by her and her lashes
why even live

>> No.30017564
File: 60 KB, 714x737, monerowaifu26.jpg [View same] [iqdb] [saucenao] [google]
30017564

>>30017454

>> No.30017863
File: 148 KB, 1251x800, xmr 2-21.png [View same] [iqdb] [saucenao] [google]
30017863

BUMP

>> No.30017896
File: 193 KB, 567x1011, atomicswaps.png [View same] [iqdb] [saucenao] [google]
30017896

https://moneroinvestor.com/

>> No.30018327
File: 95 KB, 1137x677, xmr 3-21.png [View same] [iqdb] [saucenao] [google]
30018327

>>30017863

>> No.30018350

>>30009522
kek, does owning one of those indicate probable cause for the taxman now?

>> No.30018388
File: 64 KB, 925x750, 1531691900499.png [View same] [iqdb] [saucenao] [google]
30018388

>>30012580
based schizo poster

>> No.30018428

>>30018350
depends how much you pimp it out

>> No.30018472

Anyone else here mining with xmrig?
Im up and running but I cant find a way to reduce my max CPU usage. Id like to set it back to around 80% but there is no "max_cpu" : 100 thing in the .json file

>> No.30018518
File: 2.45 MB, 1280x720, caintrain.webm [View same] [iqdb] [saucenao] [google]
30018518

>>30012535
Didn't read, nice bullet points FAGGOT

>> No.30018582

>>30018472
https://github.com/xmrig/xmrig/blob/master/src/config.json#L36
Set that value to 80 instead of 100.

>> No.30018585

>>29988744
I hold 294.93 XMR

Am I going to make it?

>> No.30018657
File: 83 KB, 709x230, mate2.png [View same] [iqdb] [saucenao] [google]
30018657

>>30014112

>> No.30018694

>>30018585
damn son, thats my goal

>> No.30019158

Would I be a tard to roll the remaining ETH I have into my xmr bag?

>> No.30019176

>>30018694
I got it in 2015 when it was .50 kek, been wait for this shit to flip BTC for eons

>> No.30019383

>>30019158
Monero, AMP, PRQ, LINK is the god stack

>> No.30019393

>>30018585
that's a sexy stack, you should round it out to 300

>> No.30019425

>>30019158
XMR will always be there anon. You can make the move when you are ready.

>> No.30019508

>>30019176
i was trying to buy some back when it was a little above a dollar but i was a total noob. also my ID didnt match up with the rest of my info for insurance reasons so kyc didnt work so i gave up and got back into years later. ive been reading and keeping up with it forever tho.

was always really into the project

>> No.30019565

>>30018582
my script just goes from

"yield": true,
"asm": true,

with nothing in between. rage..

>> No.30019603

>>30019565
So add it, retard. It's just a text file.

>> No.30019673

just doubled my stack today. feeling comfier than ever.

>> No.30019844

>>30019393
or round it down to 250 ;)

>> No.30020023 [DELETED] 

>>30019844
shit need help?

83bddfmuHXiQuU1X1WqTMV1JzZsPLSfRRJ8HLystsWJyV3TBwRZZsR8S92YLxUVDS45zDxwRWL4pZgTjhaanbUsQNYQhKQM

>> No.30020170

>>30020023
>begging a larp
ngmi

>> No.30020197
File: 194 KB, 300x300, file.png [View same] [iqdb] [saucenao] [google]
30020197

>>30012535
0,0001 XMR, that's the best i can do.

>> No.30020280

>>30020170
lol just shootin my shot
i dont expect shiit

>> No.30020316

>>30019603
cpu still runs 100% even at a value of 1

>> No.30021017

>>30018585
How does $29000 sound? (It will crash back to $100)

>> No.30021341

>>30008219
>disclosing the amount of monero you hold
No. You're not going to make it.

>> No.30022491
File: 3 KB, 225x225, peepee.jpg [View same] [iqdb] [saucenao] [google]
30022491

>>30018585
Of course you're going to make it, what a dumb question to ask.

>> No.30024010

>>29999999

>> No.30024127

>>30011203
How long do you think this will take though? Your youth is worth more than Monero, remember that.

>> No.30024334

bump

>> No.30024371

>>29990959
The Jew fears the Monero.

>> No.30024392

>>30024127
>>>>>>>>>>>>

>> No.30024714

>>30009151
>>30009408
This
Darknet business is unironically bigger than Disney

>> No.30024807

>>30012535
>>30012598
thanks for doing the needful

>> No.30024968

>>30018472
Xmrig's very good at getting out of the way. No reason to set something like that.

>> No.30025314

>>30024968
It really is. But I want my CPU to not be maxxed out all the time
I found a janky back way to reduce the the thread count to half my number of cores. 6 cores and 3 threads. It actually ended up increasing my h/s from a measly 950 to a measly 1200.
Also dropped my CPU usage down to 80%
2 threads is 50% CPU at ~1000 h/s

>> No.30025424

>>30025314
For longevity reasons? You should undervolt.

>> No.30025739

>>30025424
Ye, its my home computer so I dont want to burn it out by mining 24/7 at 100%
how to undervolt?

>> No.30025788

Anon must check about Mochimo

> Fast
> Scalable
> Quantum secure

>> No.30026327

>>29990666
Oh my, these digits

>> No.30026698

>>30025739
You google what settings other people have managed to get with your CPU to inform your first few attempts. Then in your bios or a program like Intel XTU you lower the core voltage of your CPU and reboot and see if it doesn't crash. You can also lower clock speeds to lower the voltage even more. This will lower your power bill, heat, fan noise, and decrease the wear on your CPU. It like the opposite of overclocking, you get efficiency gains instead of performance gains.

>> No.30027113

I'm shorting this shitcoin
https://en.m.wikipedia.org/wiki/Just-world_hypothesis

>> No.30027293

Hypothetical question anons

Would Quantum computing stand a chance at cracking Monero's security?

>> No.30027326

>XMR generals are now just a couple fags posting half-baked fud and getting a dozen (You)s
so sad

>> No.30027401

>>30027293
yes but you don't even need quantum. Monero's privacy is probabilistic. it is not as cryptographically hard as zero knowledge proofs. it's an outdated shitcoin.

>> No.30027466
File: 434 KB, 454x801, 1610172733179.png [View same] [iqdb] [saucenao] [google]
30027466

>>30027293
Oh yeah. Quantum computing is a problem for a lot of things, and Monero is effected as well. There was actually a research group that looked into this last year for Monero and they wrote up a report for the community. Here's a podcast they were on and links are in there:
https://www.monerotalk.live/post-quantum-monero-update

>> No.30027584
File: 97 KB, 699x600, 1614637297423-2.jpg [View same] [iqdb] [saucenao] [google]
30027584

just checking in again. everything going ok?

>> No.30027910

>>30027293
I don't think so. Pretty sure the privacy stuff is quantum proof.

>> No.30028037

>>30027113
You found out about this word today and you are coming here to flaunt your new vocabulary, you big boy

>> No.30028165

>>30024127
male golden years are 30-50. nobody takes you seriously when you're young unless you're rich, so might as well spend your youth getting rich if you weren't born into it

>> No.30028338
File: 292 KB, 1022x497, cute fluffypony.png [View same] [iqdb] [saucenao] [google]
30028338

wow! fluffyponys cute!
i'm gonna buy one

>> No.30028391

>>30024127
>Your youth
you mean the time of life where 99.9% of people set themselves up for failure and hardship later down the road by pursuing high-time-preference activities and goals?

>> No.30028600
File: 8 KB, 250x250, 1445652589663.jpg [View same] [iqdb] [saucenao] [google]
30028600

newbie here, has been mining dogecoin for a week. (50 doges)
I want to try to get serious now, should I all in this coin?

I use my gaming PC so I don't think I will make much with Ethereum or Bitcoin.

>> No.30029461

>>30028600
What you do you have? Also some high end CPUs can mine quite well on monero

>> No.30029525

>>30028600
Fuck, sorry autocorrect, I meant what GPU do you have?

>> No.30029570

>>30029461
>>30029525
I am using RTX 2070 super.
Tried Ravencoin for a bit but it didn't work out too well.

>> No.30029802

>>30029570
I have a GTX 970, and mining ravencoin is really the only crypto I can mine to get about 10 cents every day. Luckily I don't have to pay electricity bills because parents

Anyway your RTX 2070 super should be pretty good, I'm no expert though. Try mining for a few days and see what you get from it

>> No.30029928

>>30029802
Random X is optimized for CPUs, not GPUs.

>> No.30030009

>>30029570
Get into ETH pool mining with that 2070S. Sell immediately and buy XMR. Get your CPU on XMR right away.

>> No.30030173

>>30029928
Oh shit, would an i5-6600k at 4.2GHz OC get me some decent gains?

>> No.30030316

hey guys newb here. I read about tail emission replacing dead coins in abandoned addresses so I wanna ask, is there a chance if I send some monero to my hardware wallet and don't use it for a while my funds will be lost?
I searched for tail emission couldn't find anything about this so I wanted to ask you.

>> No.30030351

Thoughts on morphtoken to switch btc to xmr?

>> No.30030445

>>30030173
>i5-6600k
I checked Monerobenchmarks.info and it looks like the best you can get with that is 2,000 h/s. This isn't that great.

>> No.30030700

>>30028600

Theres youtube videos on mining monero

>> No.30030748

>>30030316

It might not even be true the guy who posted that left he was trying to shill some shit coins earlier that was not monero

>> No.30031017

>>30030316
Sounds retarded, probably is. There's no mechanism in XMR that i know of that would even be remotely like what you've described.

>> No.30031048

>>30027910
It’s not. Quantum computing is pretty much the only legitimate threat to breaking Monero’s privacy. The community funded research basically outlined what needs to be done to harden it, though.

>> No.30031064

>>30030173
>>30030445

On xmrig.com/benchmark someone got 2230h/s without hugepages or msr set correctly. With a 4.2ghz overclock and the miner set up properly you should be able to do alright. Could do even bettter in mineroocean with algo switching. Of course for that hashrate it's not worth investing too much time into it except for fun.

>> No.30031065

>>30030316
no haha thats not what it means. abandoned wallets are just ones where the keys for them are lost by the owner forever and they cant be accessed anymore. your coins in your address will be in there forever given you have the key to get to them. tail emissions are just fresh coins to keep miners motivated and as a side effect keep the supply somewhat stable as as time goes on wallets are lost by their owners for whatever reason.

>> No.30031157

will monero be bridged onto secret network? would be cool to see privacy coins work with private input/output contracts

>> No.30031159

>>30030316
they meant that tail emission shouldn't be thought of as inflationary because people lose coins all the time. also check out that website >>30017896

>> No.30031167

>>30008413
isn't this "study" like several years old already?

Shouldn't XMR be $6,000 ?

>> No.30031190

>>30030748
>>30031017
>>30031065
damn that's effective FUD to filter a retard like me. I got scared for a second. thx frensd.

>> No.30031322

>>30031167
Shut the fuck up, I haven't finished buying my stack yet.

>> No.30031351

>>30031322
That's ok I don't think its getting anywhere near $6,000

I'd cream my pants if it got to $600

>> No.30031519

>>30030351
Bamping for help

>> No.30031625

There needs to be a good ratio of legal-illegal transaction volume at scale for monero to have a chance. I just don't see this happening with the impossibility of tax enforcement. CMV?

>> No.30031823

>>30031519
Morphtoken is good.

>> No.30031925

>>30031519
I have used https://xchange.me/ before and it has worked like a charm.

>> No.30031965

I’m off to bed. Will need a new baker.

>> No.30031979

>>30031823
>>30031925
Thank you. Looking forward to having my first XMR now :)

>> No.30032438

>>30031979
Welcome to the family, grab a nice book and blanket because your about to hit ultimate comfy

>> No.30033530

Should I buy my first unspecified amount now? Or should I wait for the price to drop? But there's the risk that it won't drop much

>> No.30033556

>>30033530

Buy now and hold

Its slowly going up

>> No.30033617

>>30031625

Normies Don't even know monero exist they will be too busy worrying about BTC that Monero will get to run wild

>> No.30033703

so I have a pleb take... isn't monero centralized therefore requires trust in an authority for its usability? it's actively being developed, so currency can be hurt if developers make a shitty decision or maybe a mistake. when you own BTC you know that it will work the same way 10 years later, as Satoshi stopped developing it over a decade ago. doesn't this give developers initiative to yank the currency at whatever direction they want to? this has been a real source of concern for me especially after learning main developer's twitter handle is fluffypony.

>> No.30033937

>>30033703
Bitcoin literally has bitcoin devs employed by the bildeeberg group. Are you new?

>> No.30034005

>>30033703
BTC is centralized and it will have to make significant changes to its architecture. For one, incentivizing miners when the block rewards and remaining BTC go to zero. Also what to do about quantum computers which WILL make it go to zero if they don't have a solution up in hand.

>> No.30034117

>>30033937
yes man I openly stated that it's a pleb take, I am new and trying to learn more as much as I can.

>>30034005
hmmm... I don't really get it.

>> No.30034271

>>30034117
>hmmm... I don't really get it.
lurk moar

>> No.30034383

>>30034117
>hmmm... I don't really get it.
If miners have no incentive to continue mining then its becomes exponentially easier for a 50% attack on the blockchain. Similarly quantum computers defeat SHA-256 (and a lot of other conventional cryptographic methods) in log(time).
Simple explanation of this: 1 quantum computer can do the work of ever increasing numbers of conventional GPUs/ASICs as the difficulty increases. So 1 person, or more likely, 1 state sponsored institution will be able to use a handful of quantum computers to defeat millions of ASICs. So also a 50% "attack".

>> No.30034469

>>30018585
Gimme

>> No.30034614

>>29988744
OXEN > XMR

>> No.30034699

>>30034383
I see. two questions, I should've asked how BTC is centralized as you mentioned in your previous post. second is how will people mitigate the problems you listed? let's say someone found a solution, how will it be implemented into the code?

>> No.30034765

>>30034117
Decentralization is irrelevant aslong as theres a use case and price goes up. Devs dont matter because the coin is functional as is and if theres a problem someone with a financial incentive bound to fix it. Moneros utilization is hinged upon btc mass adoption and atomic swaps effectively making it a pool proof way to launder dirty crypto money into clean fiat using btc as a offramp

>> No.30034920

>>30034699
>I should've asked how BTC is centralized as you mentioned in your previous post
This anon already answered >>30034005
>Second is how will people mitigate the problems you listed?
There are quantum resistant protocols already in the works, or already implemented in many tokens. You have to DYOR here. BTC at some point will have to make changes to.the architecture or it will go extinct. And it is not quite clear how those would even be done with BTC. Would it be the oligarchy of whales? The miners? How could it be done equitably and confidentially? Etc.

>> No.30034961

>>30034614

Monero is king get out of here with your shit coin

>> No.30035319

>>30034920
I see, thank you for the answers. and to anyone who replied to me, thanks for the inputs. you make it easier for me to understand.

>> No.30035459

>>30034920
>implying btc will be relevant till quantum computing becomes a problem

>> No.30035576

>>30034765
>Moneros utilization is hinged upon btc mass adoption and atomic swaps effectively making it a pool proof way to launder dirty crypto money into clean fiat using btc as a offramp

Atomic swaps will be ported to other chains as well, personally I'd prefer to use LTC

>> No.30035705

>>29988744
xmr replaced by CONFLUX

>> No.30035711

>>30035459
There are lots of problems with BTC and lots of reasons why that issue will be moot well before it ever becomes a problem. It is just a useful thing to bring up to obnoxious BTC maxis.

>> No.30035944

I'm putting US$150 into Monero every week, which the best I can do. Will I be priced out before I put together a 50 stack?

>> No.30036198

>>30034920
The miners will stall adoption of a new BTC algorithm until they have ASICS fabbed.

>> No.30036329

>>30035944
i think there is still time

>> No.30036360

>>30030009
got it, doing it in Cudo Miner now.

>> No.30036712

>>30036329
Thanks anon, I hope so.

>> No.30037090

>>30030316
kek

>> No.30037132

>>30035944
nah you should be good
price eoy no higher than $500

>> No.30037213
File: 75 KB, 734x593, crab_market.png [View same] [iqdb] [saucenao] [google]
30037213

>>30006791
based poompa poster

>> No.30037257

>>30012535
bullish

>> No.30037391

>>30012535
0xMonero do the needful

>> No.30037557

>>29990022
https://youtu.be/REC5V7d3pqM

>> No.30037603

>>30014112
STRONG buy signal

>> No.30037667

new bread
>>30037631
>>30037631
>>30037631

tried to invoke kek. please forgive me

>> No.30037835

>>30033703
Bitcoin is also still developing, they are just do "soft forks" which are a like a messy and dishonest version of Monero's hard forks. Bitcoin developers actually introduced a massive bug in September 2018 and many nodes never patched it presumably because they thought bitcoin never updates. Also like the other guy said BTC development is controlled by the NWO via AXA via Blockstream.

Monero development is more decentralized and many devs are anon. They self funded or are paid via community funding rather than being paid by jews who want to stifle bitcoin. If the devs did something fucked up people could simply fork away just like Monero did from Bitmonero in the early days. Also fluffypony is no longer lead maintainer, it's a guy called luigi1111 now.

>> No.30037862

>>30037391
i don't think you're the guy, but just in case, ...
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

>> No.30037879

>>30033703
Also fluffypony isn't some brony, apparently he got the nickname from some girls who worked with/for him so it's more of a chad thing.