/biz/ - Business & Finance

Bought my first monero today and I’m feeling good.

>>30037631
Just bought another unknown amount and I'm never fucking selling.

few days ago someone posted a picture of a painting with the orange smug pepe and mars, how can I buy something like?

Creating a wallet with moneroaddress.org seems so scary. I didn't have the courage to do it yet, paranoia is striking in

>>30037815
They need to turn it into an NFT. Then you can buy it.

>>30038064
Copy the site to a USB and do it on a linux live os disconnected from the internet. Then there's nothing to be afraid of because the bad guys can't get you anymore.

Uhh bros... I sent a small amount for the first time to Cake Wallet and my funds haven’t shown up for 2 hours now. Did I get scammed. Idk what I’m doing.

>>30038145
You fully synced?

Made my first ever purchase using crypto today. Not going to say what I bought or the currency I used. Only that I have a lot of time for Monero.

>>30038124
I made a tails usb to do it. Should I still do it completely disconnected?

>>30038268
yes keep an air gap, no networking potential means no risk of hack

>>30038268
yes, obviously. the thing is you're better off downloading monero gui wallet feom getmonero.org and doing the same. it doesn't even need an install, tou can run it from appimage

>>30038145
Nothing showing in the transaction page on cake?

>>30038184
>>30038368
Nothing showing on the cake wallet transactions page right now. It was a REALLY small test amount to get a feel of the process, could that be why? I also read something about rescanning block height/wallet date but that didn’t help me.

>>30038337
>the thing is you're better off downloading monero gui wallet feom getmonero.org and doing the same
Should I really do this instead? Many guides recommend moneroaddress.org, but does it really make sense to trust that website instead of the gui wallet? I mean, the gui wallet supports exporting the 25 words and keys, right?

>>30038465
sounds like somethings up bud, all my tx were extremely fast and had no problems. You sending from an exchange to your wallet?

>>30038611
Sent from Binance. CZ scammed me feelsbadman

Some anon asked if Monero was quantum resistant. Turns out the Monero community actually funded research towards this which has finished. Pic-related is their findings about every feature in Monero's blockchain and how vulnerable they are to quantum attacks. Only 4 vulnerabilities were found which is far lower than expected and compared to Bitcoin's 24 vulnerabilities a lot easier to fix

They also have proposed solutions but implementing them would result in longer transmission times and larger block sizes so the core devs decided to hold off on implementing this until quantum computers are getting within 10 years of being able to threaten Monero. Right now the estimation is 30 years but the community is actively revaluating the situation every year.

This means you can consider Monero to be quantum-proof for all intents and purposes.

>>30038504
Probably the safest thing would be to verify the gpg signatures for the webpage like it explains down the bottom of the page. Same goes for if you used the GUI. Really depends on how much XMR you're storing. The webpage alone is safe enough. Use common sense if something's sketchy. Airgapping on a live OS is the biggest bang for buck security wise I reckon.

>>30037631
Post your EOY price predictions boys...

>>30039124

LFG

>>30037714
Based.

>>30039124
>Turns out the Monero community actually funded research towards this which has finished

Link to the research?

>>30037714
Hold on to it and play the ultimate biz game of seeing how long it takes before other anons call you a larper when you tell them you own a whole monero.

>>30037729

You have to eventually sell.......fast cars and sexy women are not free

>>30039462

Who's this guy he's so bulky

XMR/BTC 0.0078

>>30039507
I'm on mobile and a bit of a boomer that doesn't properly know how smartphones work (linux desktop guy). But if you go to getmonero.org then to community funding. Then to finished. Then click the quantum research link and go to the github scroll down and you can see it's findings that are open sourced.

Good for you for actually looking into the tech behind it.

Bought 10 coins yesterday and bored, what is the realistic EOY prediction?

>>30039783
Between 50 and 1000

>>30039462
$500

Comfy

>>30039599
he's big lenny, a /fit/ legend, friends with Jason Genova you may know him.

>>30039783
similar situation here, just keep accumulating ur stack over the year and chill. We will make it eventually.

>>30039599
A non cookie-cutter

https://www.youtube.com/watch?v=9FkMmNb4ZjU&t=881s&ab_channel=TheDelrayMisfits

>>30039124
Am I the only one completely unconcerned about quantum?

>>30038064
practice with small amoutn like 0.01 XMR.

the transaction fees on monero is practically free. It's less than 1 cent.

>>30041379
Well yeah the conclusion of the study was that it was easy to remedy before it becomes a real threat. So in the case of Monero you are right to be unconcerned.

Bitcoin however would need to hard fork and will most likely fuck it up. So if you're a Monero holder you should hope Quantum computers are here quicker so that it destroys bitcoin and leaves Monero as one of the only alternatives left.

>>30041379

https://lbc.cryptoguru.org/about

>>30041505
Can I use a view only wallet to verify that the amount was actually transferred to the cold wallet?

>>30037729
Great jacket anon

>>30041677
yes

>>30041677
Instructions here:
https://www.monero.how/how-to-verify-your-monero-funds-with-a-private-view-key

What's the best wallet to have ETH and XMR?

Comfiest hold in crypto.

>>30038145
Sounds like you haven’t synced.

>>30037729
>>30041999

Where do i buy this jacket?

>>30039124
>quantum computing is actually more harmful to bitcoin and conventional banking than my child porn exchange token

>>30044734
>Where do i buy this jacket?

I believe its a Valentino design and costs $3K.

>>30044819
Yeah just did a google search. 3400 dollars for a jacket, holy shit. Ill buy one when XMR is at 10k each

For anyone who wants it: https://modesens.com/product/valentino-vstripe-leather-jacket-orange-multi-10517394/

>>30037631
Waiting for a retrace to 0.002

I read some threads that someone used crypto exchange & monero to launder his BTC of NYC. I’m trying that but the former has me a bit confused. On the exchange website, should I be saying the BTC I’m inputting is the total amount I have before fees or amount they’ll see after?

>>30045251
>.002

You’re gonna be waiting quite a while

>>30045288
I’ll admit, this is just me being new to electrum and BTC. Thought it over and the input from my wallet should show the amount the exchange is expecting being fees on the block chain, and they should recognize that no?

>>30040752
pissening

>>30039638
thanks!

>Good for you for actually looking into the tech behind it.
open source is only worth shit if you try to understand it

>>30038064
Seriously? You trust a random website to generate a seed for you??? Even offline, on a USB stick, their generation algo may be fake. Only trust a recommended wallet or at least something recommended officially.
I would not touch this with a 10 feet pole.

>>30046572
Its gpg verified you brainlet.

>>30039783
If a person knew, they would not tell you.

>China Region Declares War on Crypto Mining, Stirring Wider Fear
>China’s Inner Mongolia has banned cryptocurrency mining and declared it will shut all such projects by April, spurring fears the world’s No. 2 economy will take more steps to eradicate the power-hungry practice.

https://www.bloomberg.com/news/articles/2021-03-01/bitcoin-rises-after-china-region-declares-war-on-crypto-mining

[laughs in RandomX]

>>30047783
This is bullish for btc too though lol.

honestly dont know what to think about xmr, it seems so undervalued like it should be $1k at least but this is clown world. never expected the btc ratio to drop this low

>>30047783
CPU MINING IS THE FUTURE

>>30048187
you concluded the BIG SIGNAL for XMR

>>30048187
You should think of XMR as a very long-term investment that is guaranteed to outperform all other cryptocurrencies with time but you can't time it and the short term market is irrational. It's best to not even look at the price and just DCA over the next 5 years. The short term movements might as well be random.

>>30047855
I disagree. It will lower the profitability of Bitcoin mining and raise fees. It also (yet again) raises the question if btc mining is viable in the long term. Are miners going to survive the next halvening? What if bull market ends and btc drops will the current reward suffice for the miners?

This uncertainty is damaging to btc in general. It's the reason why Monero built-in tail emission. To not have this constant fear of the mining market collapsing.

>>30048637
You shouldn’t compare the hash rates of different mining algos.
That said, random x is clearly showing organic growth in the hash rate, which is very bullish.

**NOT BEGGING TECHNICALLY*
So Tari (Moneros version of Ethereum) is only testnet and is free right now - but you can use the Tari credits in their store for merch, and you just need to pay the shipping in USD/BTC/XMR -- I dont have enough Tari to make any purchases - do any anons currently have the TARI wallet installed and would be willing to send a bro some of your free tari so he can use it on lame merch?

>>30049059
Wow, gay

>>30049059
>Consoomer detected

Why does it take so long for mobile cakewalket to sync
>inb4 iPhone
Got one of each type. Shouldn’t syncing from a node be fast?

>>30049763
depends on how long you haven't used it. Even if everything is up-to-date, monerujo took like 40s to start on my 2-year old flagship android

Honestly I don't believe in smart contracts and defi and I think associating it with Monero is actually going to harm it's reputation.

I wish the developers recognized this and made tari completely separate instead of tangibly related to Monero.

>>30050168
Just started using it

>>30049059
Everything cool is sold out anyway. Post a picture of the item you want + and adress and I'll send you the few tXTR I have.

>>30050366
Tari is not defi. It can do smart contracts, but it's more intended for NFTs, especially those with real world usage such a a concert ticket. Tari uses atomic swaps to Monero as a way of getting money into it and it uses merge-mining to secure the network; in turn tari uses some of it's funds to fund monero ccs proposals and pays for high speed monero nodes in china.

>>30050497
That can take a few minutes. Depends on the speed of your remote note.

FLUFFYPONY DUMPS PREMINE SOMETIME IN 2023:
https://youtu.be/Fe5QPDLk0mE?t=2304

>>30051593
Wtf
I didn’t post that.

>>30049059
Post your address I'll send you mine. Is there an alternative to the emojis because I don't see that working a lot of the time.
Like here's mine to test. Maybe it works on phones?


Also don't both people have to be online to transact since it's based on mimblewible?

>>30052712
>>30051147
Same anon, dynamic IP on phone
A little spooked.

>>30051147
I think it also depends on your phones CPU since it has to scan the blocks. It can take ages if you haven't opened your wallet in a while.

I want to commission more Monero-chan. Does anyone know who the artist is?

>>30051593
>mfw I receive the exit scam rug pull yacht party invite

Stuck in traffic right now.

Can I mine monero on my econobox ecu?

good morning. zooko sends his regards.

>>30053753
>zooko

>>30053240
Is there a expression or pose you would like?

>>30053753

I guess someone has bought the literal top. That explains the post spammings. Enjoy your shekels.

>>30039507
for those reading along:
https://repo.getmonero.org/monero-project/ccs-proposals/-/merge_requests/142

I just acquired an unknown amount of Monero for the first time

>>30054800
Anon, any new pics with the original Monero-Chan and I would throw some XMR too.
What about one where she meditates? One on the beach drinking a cocktail?

>>30037631
safeX is a scam fork of monero,
they are spreading fud against monero.

>>30055239
welcome monerobro

>>30054800
I want her cosplaying as a crab.

>>30055456
Alright, saved. Do you have any anime pics? For reference
>>30055561
Haha no

>>30054800
I want one where she's super comfy. Like chilling on a beach drinking an umbrella drink.

Or one where she's all bundled up and comfy by a fire, reminiscent of this meme

>>30055601
But monero always crabs and it would be really cute. Maybe her holding up crab claws doing a funny pose :D

>>30048819
brainlet here. how would Chinese miners going offline lower btc mining profits?

>>30055613
This would be great too!

>>30055777
Ok let's put it on the idea list
>>30055613
Beach pic alright.You could edit her face on that comfy meme

>>30055601
Ther are posted always posted in Monero generals.
>>/biz/?task=search&ghost=&search_text=monero+chan

How much do you think 1 XMR can achieve in terms of sats long term? Do you think it will reach its ATH again (0.034298)?

>>30056090
It's not happening this year, thats for sure. 0.03 is only happening if BTC gets raped like it did in 2017 + XMR goes parabolic

>>30056090
I think it’s certainly possible.
If Monero is listed on coinbase we should see a big pump, for example.

>>30055601
They are always posted in Monero generals.
>>/biz/?task=search&ghost=&search_text=monero+chan

What type of wallet do you guys recommend for a long term hold? I just use cake wallet now because my unknown amount of Monero isn’t very much but when I keep stacking I want to move most somewhere secure.

>>30056396
reference pics for pose ideas, not reference for xmrchan

>>30037631
Fake and gay

>>30056464
https://www.getmonero.org/resources/user-guides/securely_purchase.html

paperwallet

>>30056090
Supply of BTC and XMR is roughly the same for the coming years
XMR can do everything BTC does
BTC's only advantage is that it does not change much, making it more predictable in a way
On the other hand the transparent property may make bitcoin undesirable real quick. Shatoshi could kill BTC it overnight by dumping his early coins.

Assuming bitcoin stays #1 market cap I think 0.1 is realistic, if BTC looses it's dominace the ratio can skyrocket (monero doesn't get more valuable in USD terms, but bitcoin looses massively)

>>30056505

Monero is awesome

Your just a broke fag that invested in Doge coin instead of Monero

>>30056482
maybe something like this

>>30055239

Nice you just pissed off all the pajeets trading shit coin that cant afford monero

>>30055797
If mining becomes illegal in certain places in China. Then the miners operating there can't exploit the cheap electricity. Which means they might stop mining if it isn't worth it. Lowering hashrates and raising transaction fees.

In the long term if the btc price crashes or halvening happens again the mining might become completely unprofitable and thus their revenue will come from transaction fees which will mean people will stop using btc if a single transaction costs hundreds or thousands of usd.

>>30039588
>implying
you'll be able to collateralize it eventually via lending services. chain-agnostic price oracles already exist, and cross-chain interop is on the horizon.

>imagine selling your gold for worthless fucking paper

>>30056464
mobile wallet = USD in your irl wallet (can spend with least effort)
hardware wallet = USD in bank account
cold wallet = USD in trezor

paper wallet, steel wallet or other kinds of pysical ways to keep your seed phrase is good
offline encrypted and multiple backups is great (better physical theft protection, accessible from anywhere, backups prevent accidental loss), BUT requires technical knowledge to not fuck it up.

>>30056482
https://healthyboomerbody.com/wp-content/uploads/2017/02/woman-meditating-outside-2.jpg
https://upload.wikimedia.org/wikipedia/commons/6/64/Thai_woman_meditating.jpg

https://c8.alamy.com/comp/JACD1R/smiling-woman-on-the-beach-drinking-cocktail-while-relaxing-on-her-JACD1R.jpg
https://cf.ltkcdn.net/cocktails/images/slide/108344-849x565-Drinking_in_the_Caribbean.jpg

Trying to mine some monegroes with ethash at moneroocean, but xmrig is not connecting (loging code error: 6). What do?

>>30057733
>monegroes
>ethash

DOOMPA
*BANG BANG*
DOOMPA
*BANG BANG*
DOOMPA
*BANG BANG*

>>30056482
How about this where she's chilling on beach with a crab in the background.

Make the crab bigger and put a coconut drink in her hand.

>>30057861
I demand crab claws
>>30057850
Kek

>>30056090
I think it will surpass 0.04 btc before June 2022.

XMR has a lower inflation rate than BTC from last month up until 2024-2025. Meaning there will be more btc created than xmr for years.

Also the total supply of btc will be more than total supply of XMR up until 2041.

Meanwhile xmr has actual adoption by terrorists/ransomware/darknet porn/darknet drugs and embezzlement which is growing exponentially.

The amount of interest in Monero as a fraction of interest in Bitcoin is also growing according to google analytics.

Hashrate and total transactions are also growing faster than bitcoin.

So if mining, usage and interest are all three growing faster than bitcoin while also having less coins minted than bitcoin it is only inevitable that the valuation will increase faster than bitcoin as well.

I think we will see 0.04 btc by june 2022 and 0.25 btc by june 2025 if current trends continue.

>>30058209
Waiting for a retrace to 0.002

>>30039124
Monero and Algorand are the only two coins I'm aware of that are even looking at post quantum cryptography in a serious way. That's why I don't long term hold anything else but PMs and undervalued stonks. I work for one of the companies contributing to these NIST standards and can confirm big tech / big gov is spooped beyond belief at the idea of a quantum computer in their base reading their dudes' plaintext.

https://www.algorand.com/resources/blog/algorand-contributes-to-4-post-quantum-standards-entering

>>30058209
At least $3,000 in this bull cycle

>>30056566
>>30057152
Thanks Monero bros. Helpful answers is why this is the comfiest general on /biz/

>>30058381
Based. Monero is the most comfy hold because its the best crypto at doing its job: working as a currency.

However, there are other non-currency problems that a blockchain can solve, which is why I also hold Algo. Monero doesn't need smart contracts and other memes, it just needs to be the best currency it can be

>>30058381
My man. I have the same investment strategy as you (XMR+value stocks+PM). I was considering picking up some ALGO, and your post plus the current dip put me over the edge.
By the way, you may be interested in picking up some miner stocks soon if you're not already on the ball:
https://www.crescat.net/february-research-letter/

>>30058381
>>30059273
TL;DR on ALGO? I'm trusting monerobros more than the pajeets on the rest of this damn board

>>30055973
Her as a crab would be super cute. I would also toss some monero your way for quality OC.

monero chads should i mine on moneroocean or XMRig? (3900x)

>>30058348
I'm not a gambling man so I can't do short term price predictions.

>>30059058
What I said was only as a fraction of btc. I have no idea what it would translate to in usd.

What I said is a logical conclusion based on transactions/hashrate/interest rising faster for monero than btc and it inevitably leading to a faster valuation gain. The delay between this and price movements seems to be between 6-12 months which is why I predict 0.04 by june 2022 specifically.

>>30056880
Network hashrate doesn't effect the transaction fees. They are determined primarily by the block size and fee market for Bitcoin.

>>30059379
utility blockchain except good

>>30059453
just do benchmarks on both

Algo is more pajeet trash. Stop shilling it.

>>30059841
Yeah that's what I meant.

Less cheap mining + static block size means higher fees to be included in the block.

Tari
Thanks anon! Not sure if we need to both be online but I’ll leave the app on.

I’m trying to get a tshirt - I have 9000 tari cuz I sent some to the stupid bot. I need 20000 so 11000 - It’s all good tho if I don’t make it. I’d like to try developing on tari but getting set up with my own node and miner was not happening. I’ll have to try again if I wanna get enough for something from their store

>>30041379
Nup, same here. It's always been a worthless argument, if we have usable quantum computers one of the first things to be developed will be quantum replacements for existing cryptography frameworks. There's already people looking into it today, it's not a serious concern.

>>30060226


Forgot my address

>>30060265
It's a serious concern for bitcoin because it would need a hardfork to implement the quantum-proof features. And bitcoin doesn't really have the best track record when a fork was needed.

>>30060513
It’s a serious concern for everything.
There are concerns that properties of moneros security would be compromised by quantum computing. The network would be fucked. The devs are aware of this but it’s all hypotheticals right now.

Lmaaaao I just got the notice that I been sent some - and I go to open the wallet and this happens

Thanks anyway anon! Looks like I need to create a new wallet lol. Hilarious.. oh well

>>30059377
Already lurking /pmg/, fren.

>>30060226
>>30060712
currently network issue on tari's end. Initiated a 4999 tXTR tx and the remaining ~4.5k should follow eventually tomorrow

>>30060639
Look at my post above. The one with the image to see why it isn't a serious concern for monero.

>>30059379
>TL;DR on ALGO?
Fast, cheap, safe transactions. Proof of Stake with 8% APY. Has significant partnerships in industry. USDC runs on it.

>>30058209
Wait, what is darknet porn? Is it better than clearnet porn?

>>30060947
Proof of stake is a Ponzi scheme and 8% apy is their fishing hook for moonboys. It’s a model with no use case.
>>30060934
Yeah I know anon. I’ve read the (summary of) the findings. There are concerns that some things before quantum computing will be exposed post quantum, even if Monero does hard fork. Again, a lot of this discussion is hypothetical and I trust Monero’s team to figure out a work around, but it would still be crushing to the network if nothing was done.

>>30061193
cp, bestiality, snuff are the three big ones. I'm not too familiar with that stuff though. I just buy my booger sugar from WHM and leave it at that.

>>30054964
The fact that the devs are even considering these things already builds so much faith for them in me. Every time I see them do anything I get an inescapable sense they're the real deal and understand the real risks and stakes, they seem to have a real hard-nosed drive to refuse to capitulate and instead fight it out. It's different from my read of say the ETH devs as being onions-filled SanFran liberal idealistic morons who will get squashed like bugs at the first sign of government flexing, or the BTC devs being easily spooped corporate drones that don't want to change or improve anything ever (even when something's obviously broken).

when Tari releases I am going to start xmr + it on merge mine

wonder when it releases

>>30061317
Yea, even after the quantum hardening hardfork is implemented, any transactions up to that date are vulnerable (much like how RingCT doesn't protect any transactions that already occurred pre-RingCT). The bigger issue is that the public/private key scheme will need to change, which means everyone would need to migrate to a new wallet. Also, UTXOs on the old wallets would need to be frozen to protect against double spends post-QC. So, there needs to be a period between when the quantum-resistent-wallets are implemented and between when legacy-wallets are still supported that everyone would need to migrate to. Legacy wallets would need to be frozen as soon as QC becomes clearly feasible (because you have to assume that some governments will have more advanced QC than any that are publicly known about. So, if the state of public QC is "coming in 2 years", it's likely that China has already achieved QC). Which means that quantum-resistence needs to be implemented several years before QC becomes apparently feasible, in order to give time for this migration.

I trust that the monero community will be able to carry this out, though. They're certainly a lot more likely to do it than the vast majority of other chains.

>>30061317
>There are concerns that some things before quantum computing will be exposed post quantum, even if Monero does hard fork.

To me the interesting part is that the different privacy features break differently, eg. ring signitures break, but ringct and stealth addresses remain intact.
Stealth address are the most secure privacy feature, espcecially if you use sub-adresses which do not break at the same time.
Extraction of private key from public key is an issue all cryptos AND traditional banks face, so there will be massive research from all sites.

>>30061712
All the research makes me super comfy

>>30060064
I'm not sure what you mean. Do you mean miners will not accept transactions with fees under a certain threshold? The miners will always maximize the amount of fees included in their blocks, and that won't change just because mining difficulty drops. If you mean there will be network congestion before the difficulty is adjusted, that is true. But it would be a very short term event if the miners quickly went offline and more or less undetectable if they slowly stopped.

>>30062041
Great post. This highlights a lot of my concerns. I wish there was just a button that could be pressed to solve everything but the reality is it would be messy.
The good (well bad) news is that literally everything would be effected by quantum computing so this chaos would be going on everywhere.

I want to dump in a couple grand into XMR (Im already hodling but a tiny amount) but Im waiting for it to dump first, is this reasonable or will it only go up?

>>30062684
you may catch a dip here or there but the overall trend is positive growth

>>30062684
DCA; buy some now and continue buying whenever it dips.

>>30062059
As much as we like to say that Monero is secure and private, the truth is there *are* some vulnerabilities. Most of those vulnerabilities aren't in the underlying cryptography or protocol, but at higher layers.

Poisoned outputs are a good example. If you're a darknet vendor who is specifically being targeted by LE, they could make a lot of purchases at your store, then force a couple of big exchanges to comply and monitor for any transactions which lead back to the transactions they made. Ring signatures make it so that if a given transaction has a transaction tree that includes one of the poisoned outputs, that's essentially meaningless. However, if there are 100 poisoned outputs, and a single person sends transactions to an exchange that can *all* be linked back to those 100 poisoned outputs, that becomes a meaningful signal.

This would be largely mitigated by atomic swaps, though. Just swap your Monero to any other coin before transferring to the exchange, and LE has no way to connect the transactions sent to the exchange from the poisoned spends they made. Even using an anonymous coin changing service right now probably works well enough.

And again, that's only for targeted surveillance of someone they're already suspicious of. Mass surveillance just based on blockchain analysis is basically impossible (again, barring QC at some point in the future).

This is not FUD, btw. I strongly believe in Monero. I just think it's good for this information to be out there, in case anyone really is using it in a high-risk way, they can be aware of the shortcomings and modify their opsec accordingly. The worst thing is if we just tell everyone "Monero is perfectly secure!" and then someone does something stupid and gets caught, and then the media really starts FUDing about how Monero users can be traced.

Everyone should watch the Breaking Monero series, imo.

>>30062684
the price will probably be relatively stable. XMR isnt really a moonshot to hold, black market wants to keep it stable

how will the covAIDS-1984 jewflu scamdemic plandemic "vaccine" effect my monero holdings? is monero the tool Whites will use in the coming final fight with the International Jew? how confident are you that such an important tool for fighting the NWO will retain its value when they try and suppress it?

>>30063498
why does the "black market" wants to keep it stable? what is that for a retarded statement?

fucking nocoiner retard

>>30043022
I don’t know about best but exodus works well and is gaining in popularity

>>30064462
yeah youre right bro idk thought it sounded cool at the time but i have no idea what im talking about. apologies.

>>30064210
yes.

>>30037631
still syncing wallet, holy shit this takes forever.

>>30065526
Just sync to a remote node if you're in a hurry. Let the full node sync overnight or something.

can anyone put up a torrent or such of the blockchain.raw? my download keeps dropping at ~64 gb and I'd really rather not redownload all that on my shitty connection

>>30062684
what you're hoping for (that the (((bitcoin))) bubble bursts and every coin resets back to how it was a year ago) isn't going to happen. just look at what (((they)))'ve put the White man through this past year. the last three months they have baited the White man into investing half his savings in the jewcoin. if they were to collapse it, I think it's obvious how the White man would react. I am not even White by the way, but it's obvious. The Jew knows not to wake the White man from his slumber, they know not to push him too far. If they collapse (((bitcoin))) we all have much more to worry about than imaginary internet money, the White man is going to start WW3.

Started mining on my unRAID server, my gaming PC, and my work PC.

>>30066248
how much money do you make per kwh from mining monero?

>>30066232
This is your brain on /pol/

>>30066232
Thanks for giving us a peak into your retarded stream-of-consciousness. Now please shut the fuck up and get yourself some mental help.

>>30066335
Its about break even right now.

I'm just trying to support the network and I'm confident it will be worth enough to be worth it in the future.

>https://twitter.com/Marty_P_B/status/1366737347887456260?s=20

AHAHAHAHAHAHAHAHAHA

>>30066787
topkek.

>>30066787
That feel when you realize btc will dominate BECAUSE it's the surveillance coin

>>30066787
lmao

>>30065932
someone, please, I want to run a node.

>>30066787

Hilarious

It's literally the best currency on the market and it's under valued because feds and jews don't want to hype this with their media like they do with bitcoin, because Monero poses a real danger to them. Real use cases (buying cool stuff like drugs and illegal guns) and viable as a real currency. Once the normies find out and after atomic swaps are introduced we're mooning monero-bros. We're all gonna make it.

>>30064462
I think this means that darkest vendors are constantly trading their xmr to Btc or fiat so that they can use fiat since they can’t hold onto all their xmr as they need to pay for expenses in usd. Them selling their xmr makes the price more stable because the market is not just hodlers which would cause the price so increase

>>30037631
please make image
>holds monero
>amount unknown

>>30041379
Same boat, it’s just a bunch of Twitter check marks and redditors who think quantum computing will be how scishow says it will

>>30053753
cope

>>30060265
It's a very, very serious concern for businesses because they'll have to update every single piece of their software that touches cryptography (realistically all of it). How much slapdash done-once-decades-ago software is going to get forcibly EOL'd by this? How many factories are going to have to upgrade their control machinery they've been running since the 20th century? It's even worse for people using specialized load balancers for HTTPS, because those need HARDWARE replacement to change algorithms or bump TLS versions after a few years.

For Monero and other open source software? It'll be fine. The hardest part will be generating and distributing new SSH keys.

>>30067751
or because when funds are in escrow the merchant probably doesn't really want the price to double or something

>This Is What Maxipads Actually Believe

>>30068706
nevermind that doesn't really make sense, they wouldn't want it to drop in price, but increase in price would be good for them

>>30068776
lol, they think they can just tack privacy on in L2 and compete with Monero.

>>30067590
This doesn’t really improve your verification time. You still need to process every transaction, even if you download the raw file. Purchase and ssd.
>>30066787
Djkhaledanotherwon.png
>>30068776
Lmfao. Ah yes, the optional soft form which doesn’t hide transaction amounts or shield the public ledger and the buggy piece of shit vaporware is going to solve privacy.
And the other maxipad talking about how monero can’t scale. Kek. They are so fucking retarded. All blockchain scales like shit but Moneros dynamic block size and tail emission destroys Bitcoins protocol.

>>30069219
Phone posting so I have typos everywhere kek. Sorry.

>>30068776
Delusional retards, have any of them read the satoshi whitepaper? Bitcoin is dead.

>>30069065
BOOBA

>>30069065
>>30069219
>>30069290

What makes it even better is that Andreas himself has admitted that Bitcoin will never have comparable privacy.

>Bitcoin Will Never Be Truly Private Says Andreas Antonopoulos

In a livestream Q&A on Antonopoulos’ YouTube channel on July 7, he said Bitcoin (BTC) was unlikely to ever implement privacy features similar to those used by Monero (XMR).

Antonopoulos said creating such features on a cryptocurrency like BTC “would create an enormous amount of controversy.” In addition, he said the structure of Bitcoin simply doesn’t allow ring signatures and stealth addresses.

“I think what we’re going to see soon is Schnorr, Taproot, and Tapscript, which open the door to a lot of improvements,” Antonopoulos said, “But they still do not involve zero-knowledge proofs or the types of ring signatures and stealth addresses that are done in Monero. Bitcoin is not a privacy coin.”

Bitcoin can be better thought of as pseudonymous rather than fully anonymous, as many transactions on the BTC blockchain can still be traced even with these privacy improvements.

https://cointelegraph.com/news/bitcoin-will-never-be-truly-private-says-andreas-antonopoulos

Ignorance truly is bliss. :D

>>30069219
>This doesn’t really improve your verification time. You still need to process every transaction, even if you download the raw file. Purchase and ssd.
I know. Like I said, I have slow internet. Verification time is not the problem, the problem is redownloading several dozen gigabytes.

>>30066787
THIS IS BULLISH FOR XMR

>>30063299
Like you said, yes, this would be a problem at higher layers. This is an issue trusting a 3rd party in general though. There really is NO solution for this if you are trusting a centralized 3rd party with your keys, and therefore giving up some of your privacy. The more tools you give people to deduce who you are, the more likely they will be successful.

For example, say Alice (law enforcement in conjunction with an exchange), and Bob (anonymous bad guy), enter multiple transactions together over the course of the year. Bob happens to send all his coins straight to the KYC exchange after every transaction, down to the decimal. Alice can reasonably assume that the person identified on the exchange is in fact Bob based on transaction amounts and transaction times. She might not even need to identify which transaction it is on the blockchain.

That said, it would be a cool improvement if the vulnerability you mentioned could be prevented.

>>30066787
This is pretty big for XMR. BTC works, up until a point where more and more companies actually start taking cryptocurrency security seriously, then people will have to realize that it is less fungible and less private than paper money.

>>30070322
why not just sync with monerod like normal? it's pretty similar to a torrent

>>30066787
Nice. Clearly shows that "mixers" are not a good solution for Bitcoin lack of privacy.

based

>>30071240
It goes EXTREMELY slowly. I'm talking like 1 kb/s. I have it on an SSD (870 EVO) and Ryzen 2600, so I have to assume it's my download speed fucking it up somehow.

>>30072451
Try starting the daemon with: ./monerod --block-sync-size 10

>>30072451
something's definitely wrong unless your download speed is super super super slow. i have an old dual core laptop cpu, 20mbps (2.5 MB/s) down, and an old samsung 850 evo, and the full chain syncs in under 12 hours for me just running monerod normally.

>>30072451
how much ram?

>>30072757
Thanks friend. Did that and now it seems to be syncing at a rate actually limited by my download speed.

>>30073132
its 10 mbit/s, so yeah relatively slow but nothing that absurd.

>>30073364
16 gb, though underclocked to like 2800 mhz because of complicated mobo fuckery

42GB done.
Am i close?

>>30074478
45% done

>>30053240
>>30054800
>>30055456
>>30057861

I too will contribute some XMR to anyone creating new quality Monero-Chan art. I like the beach idea.

>>30073605
what region still has 10 mbit internet, fren?
just wondering what kind of people to expect on the marsbase

>>30074669
oke
>>30074866
UK :(

>>30074767
You pervs just want to see her in a bikini.

>>30037631
>Cakewallet

Available on Android also.

Does Monerujo support hardware wallet?

>>30074767
based
>>30074866
I have 4 Mbps bruh

>>30075025
PLEASE STOP SAYING BASED!!!!!!

>>30075154
kek

Opsec question: I’m thinking about buying a super car (used one though). How bad is that for attracting attention? My official career make a lot of money and I live in a pretty wealthy area so I think the relative risk is low

>>30075025
auch, but I did kinda expect low speeds for lebanon
digital cash across the globe aww ye

>>30073605
Great to hear anon!

>>30075216
AWWWWW YEAH

>>30075154
>>30075206
Baste
>>30075212
Such a shit investment, if you have money you should unironically buy an EV.

>>30067744
fuckin checked dude
i still need to accumulate 100 more monero tho

>>30075212
It’s probably the easiest way to draw unnecessary attention to yourself in public.

>>30075370
Already have a Tesla, monerobro. But I’ve always been into cars and I don’t want to wait until my hair turns gray to buy something cool.

Also thinking about starting a YouTube channel to talk about my Tesla because any dumb video there gets clicks. Could then use that platform to shill monero.

>>30075568
do you know what opsec means? You are doing the opposite of that.

>>30075568
that would be nice
monero has no official marketing team because the fucking coin speaks for itself
but if you do go forward with it don't be douchey about it because fuck moonboi and clickbait culture
But I doubt you would fellow XMR chad
there's a channel called mental outlaw and the guy is pretty bullish on monero
good shit

>>30075568
Nice
A youtube channel is great if you manage to get it off the ground. Big IF ofcourse

>>30075715
I’ve been watching a lot of mental outlaw lately. Really great introduction to linux and I like pretty much al of his content.

>>30075664
That is the dilemma I face. Part of me is very private and careful but I am also so excited about monero and the food it provide for the world that i want to talk about it. It’s not like you ever state how much you have, just mention it in a theoretical way

>>30075715
Just started watching his channel, I’m also interested in Linux and security stuff which he covers there. I bet he also browses these threads. If I ever do make a channel, moon boy or douchey is pretty much the opposite of my personality too.

>>30075212
attention from who? crooks or the taxman?

just slap a shitty decal on the side
>Steve's Supercar Rental, 556 Myrtle Beach Blvd
then you just look like a fag broke poser

Goddamn my hashrate inexplicably just boosted up higher than I've ever seen. I'm using the same machines I always use.

>>30075715
imo it shouldnt be marketed, at least not to normies. convert the maxis and moonboys first, organically. theyre the only people who might have that 2nd braincell to understand fungability.

>>30076400
I decided to mine on your address for a while, you're welcome.

>>30076408
yeah of course, but some normie exposure so that they dont just think of bitcoin or dogecoin when someone mentions crypto would be nice
XMR is what people think BTC is

Got a fresh OC for my

Any tips on how to compile xmrig for best performance on an intel machine ?

Is xmrfast a scam

>>30077677
Looks legit.

>>30076654
L2 cache is important you can pretty much run only cores that have 2mb of it. I was able to get an old laptop to run 1kh/s by compiling the xmrig in linux. Nothing special, just ran the compiling software.

OH NO NO NO

>>30078526
This was before the 2018 RingCT update that made it more secure than Zcash.

Don't tell biz though. Still need to accumulate

>>30078526
that's from over 3 years ago. at that time monero had several fundamental issues, all of which have now been fixed. monero is currently far ahead of zioncash tech-wise in pretty much every aspect except one.

Any decent small pools that have a withdrawl of less than .3 XMR? I would love to contribute to a small pool but it would take literally 2 years to get to .3XMR, which is the withdrawl for most small pools, and i am not that patient.
With the minexmr pool its .004XMR which is about 2 weeks for me, but I hate to contribute to the largest pool

>>30078738
moneroocean.stream is probably the best small pool, min withdraw is 0.003. there's also even smaller pools like xmrvsbeast.com run by some redditor

>>30078738
nanopool minimum is 0.01XMR

>>30078526
then he recommended zcash, which doesn't have the critical amount of users needed for private transactions.

>>30046572
If you do it offline, you can just check to see if it's legit. Generate the wallet offline, write down the VIEW key as well as the private & public keys, and send a small amount to the wallet. Then hop on any old computer and pop in the view key. Now, since you generated the key offline, and since the network accepted the transaction, you can be certain of the safu-ness of your funds.

tl;dr - zk-proofs are the best privacy tech; mixing algos are the new fool cells. ZECs features reflect important qualities about the ZEC developers: that they are gentlemen and statesmen. Zooko is an OG badass; his vision is the most important on the Internet.

BEST PRIVACY
ZEC utilizes the strongest cryptographic techniques - zero knowledge proofs. Full stop. Why would anyone concerned about privacy settle for less than the best encryption? Privacy coins that rely on mixing algos are in a precarious position: they are implementing techniques (data mixing) that machine-learning tools are designed to break. Good luck. Consequently, it also seems to be the mixing crowd that is concerned with what % of transactions are 'private' vs. 'public' - because for mixing this matters. For ZEC, which stores value in the Dark Pool, not so much. See below.

BEST STRATEGY
A lot of ZEC criticism is about the fact that ZEC's privacy features are optional, and not a mandatory or default option, e.g., "I'm not quite sure what the point is of a privacy coin that doesn't default to privacy. "

Firstly, since when is providing fewer user-options a feature and not a bug? It's a bit infantalizing to assume that privacy coin users are so low-IQ that they can' tell the difference between t-addresses, and z-addresses. But I could be wrong. Maybe there is a need for forcing privacy options, and Monero will ultimately survive as a sort of short-bus coin for the ones that can't figure out ZEC.

>>30079443
What if the generated seeds are valid, but follow a sequence that the website owner controls (in the code)?

That said, I agree the code seems to be signed by a trustable key. I wouldn't use it anyway, though. Better be paranoiac about those things, imo.

>>30079583
Secondly, ZEC t-address/z-address flexibility is an incredibly thoughtful and strategic feature given that the biggest threat to the durability privacy coin projects is regulation. Add on that ZEC also provides 'viewing keys' so that users can optionally provide records for private transactions, and ZEC seems to be the only project that understands the need to balance the tripartite goals of regulatory approval, exchange adoption, and strong privacy. After all, what is the point of a privacy coin that doesn't get widely adopted??

BEST TEAM
The hackers/cypherpunks behind ZEC are best in class. The real deal. For anyone that doesn't know the history behind Zooko and his involvement in this space, please do some homework. SATOSHI NAKAMOTO WAS LITERALLY READING ZOOKO'S BLOG WHILE BUILDING BTC.

So why should you care?

Well it means that Zooko's project is OG and badass. It also points to the fact that, in many ways, ZEC is what BTC originally wanted to be. Nakamoto solved consensus, but not privacy. ZEC has both. And besides, doesn't it give you some comfort to know that the founder is an old school cypherpunk/Nakamoto-contemporary.

>>30079090
so your only criticism is that not enough people are making private transactions? in other words, the reason you don't think it will get mass adoption, is because it doesn't already currently have mass adoption? aren't you "monerochads" constantly bringing up that privacy coins will one day be the modern equivalent of Swiss bank accounts for billionaires?

>>30079583
your fudnigging was funny yesterday with your autistic shit but today it's just sad.

>>30079583
>Zooko is an OG badass; his vision is the most important on the Internet.

solid baitpost, I chuckled

0xMonero destroyer, post address so I can reward you for your dedication to the cause

>>30079583
>>30079716
>>30079870

I've never seen so much bullshit get completely and utterly wrecked by a single screencap.

>>30061614
kek enjoy anon

>>30079583
>Zooko is an OG badass; his vision is the most important on the Internet.

Hmmmm.....

>>30078526
>>30079583
>>30079716
>when your coin is so shitty you can’t even make your own thread because no one will response
>when your coin is so shitty the best fud you can come up with is a 3 year old quote by Snowden

Zcashies are so embarassing.

>>30037815
this one?

>>30078809
>>30079042
thanks

>>30079583
>since when is providing fewer user options a feature and not a bug

>”Hello bank, i would like to make a feature request on your app. Please allow users to make their bank balance and credit card transactions public. Thanks”

Yeah ok tard

>>30054800
please make her muscular

>>30080225
Snowden has voiced supportive things about Monero as well, but all of his quotes are old and he clearly is not familiar with block chain.
He is giving a speech later this month at "priv8 digital summit. Zooko-jew is also speaking there. He very well may shill for zcash again. Fucking glowies.

>>30079716
>so your only criticism is that not enough people are making private transactions?
The way it works, if there's not enough private transactions, it's easy to guess who sent what, so a critical amount of private txs are needed. Maybe private txs could be spammed, expensive. Monero devs are smart, already talked about adding zcash privacy tech to monero

>>30037815
kek, I literally did a simple photoshop, sized in word to picture frame, print, done
pic W/L is sized to 13x18cm, since that's the dimension for the smallest pic frame of gf
>>30075370

>>30079716
>trusted setup
>devs refute its status as a privacy coin
moneroniggers are too intelligent for this, why bother?

>>30080595
snowden is a faggot.

Just acquired my first unspecified amount. I'm in for the ride bros

why is kraken asking me for fees this time? they didn't for past transactions, and they don't if I preview buy zcash instead of monero. is it because I've bought too much monero recently and the fees only kick in when you hit some limit? I don't want these jews getting any more of my money. this is when buying with account balance. I'm legit tempted to just buy zcash instead.

>>30081856
now suddenly there is a transaction fee listed when I preview zcash. what's going on? the preview page was different literally just a couple minutes ago. FUCKING KIKES.

>>30079941
If you're actually serious my addy is 47CL7FiNtW417VjzWt9Zse8Z8URhaHaA2L9jJq6rrLtDhiYK9PfbCavhhMKws9xEdKHBeGcQtJmPt4uEMivooNztC5UkHLD

>>30080104
is zooko a jew? if yes then this changes my opinion on zcash entirely

>>30082012
wtf, is it really you? i saved that address from the paypal scam thread cuz i wanted to drop you a dime. nice tummy bro.

>>30082559
Yeah, I posted the first 0xmonero pasta lol

>>30082012
>47CL7FiNtW417VjzWt9Zse8Z8URhaHaA2L9jJq6rrLtDhiYK9PfbCavhhMKws9xEdKHBeGcQtJmPt4uEMivooNztC5UkHLD
kek, dropping the address from the monerohow wallet guide.

>>30082637
cool and sorry for your loss. keep up the good work

>>30054394
kek

I’ve read that converting XLM to XMR from Coinbase via Cakewallet has lower fees than LTC to XMR. Is this true or is LTC still the way to go?

>>30066787
aren't these the same dirty bitcoins that you'll be getting when atomic swaps happen? doesn't this put a death knell in the idea that monero is some panacea for the coming commie tech dystopia?

Will larger mining pools show pending xmr sooner? mined on both a larger pool and smaller pool for about an hour and the larger pool showed that I had pending xmr, granted an extremely small amount

>>30083915
cakewallet uses changenow.io and morphtoken.com, both of which generally charge higher fees than sideshift.ai.

>>30084056
Thanks for the tip. Unfortunately I live in one of the blocked countries. That’s some fine company we are lumped in with. I guess a VPN could circumvent that?

>>30084353
Biden's America.

>>30083930
>aren't these the same dirty bitcoins that you'll be getting when atomic swaps happen? doesn't this put a death knell in the idea that monero is some panacea for the coming commie tech dystopia?

Tainted coins will definitely be in circulation but because the swap requires the BTC move to a temporary address you'll be able to run a scan on its transactional history. Coins coming directly from exchanges (this will be people looking to acquire XMR) can be considered clean, freshly mined coins are pristine while those with a longer or extensive history will be more suspect.

Fortunately, the most toxic coins of all are all listed in a txt file on the US Treasury website so weeding them out is a cinch.

>>30083998
I don't think the size of the pool matters, i think it comes down to how it's programmed on their back end. Moneroocean is a smaller pool and my balance there seems to show pending XMR right away

>>30085758
Any experience with xmrfast? Been mining on it for an hour eachday for 4 days

>>30068776
It's hilarious because you literally can implement a Lightning-like L2 on Monero. There was a CCS proposal for this. It's just not very urgent or useful since Monero's base layer scales just fine.

>>30084698
ok ty for clarifying

>>30084056
CakeWallet has been supporting a shitload of podcasts as well as CCS funding. They're good shit and I'm totally cool giving them a little extra jingle jangle using their in-app exchange service.

>>30085874
Nah I've never tried them before, but 4 days and no pending balance seems really weird to me

>>30086195
I was saying that morphtoken and changenow take a bigger % than sideshift. Nothing against cakewallet, I'm not sure if they even take a cut at all, but the services they use for exchange take a bigger percentage than alternatives.

>>30081412
true

>>30086195
I’ve really been meaning to try them out, already have the app downloaded. The thing is I do all my crypto on desktop. So copying addresses to a phone sounds annoying unless there is a QR code I can use...

Just forgot password for the GUI and mnemonic doesn’t seem to work. So I tried all of the previous words as last and now my wallet seems empty. Well fuck me.

>>30086766
I could open a wallet which has different address.

>>30086766
Not synced

>>30086766
Did you check wallet addresses? Each wallet you restore from seed will take a while before a balance shows up

>>30086562
>I was saying that morphtoken and changenow take a bigger % than sideshift. Nothing against cakewallet, I'm not sure if they even take a cut at all, but the services they use for exchange take a bigger percentage than alternatives.
Cake uses changenow (maybe others as well), and I believe they take a cut on top of the changenow cut

If I simpleswap all my gains to monero do I not have to pay taxes?

Is this the top? Is it time to Schiff out?

>>30087305
yes. sell me your bags

>>30087305
Please sell. Everyone please sell.

>>30086920
”Primary account” is different.

Dont pay more then 230 a coin for Monero right now

>>30086369
Even for someone who only mines for an hour a day? Should I switch over to another pool?

>>30079583

>>30087565
Why not?

Just bought 111 monero and putting in another 25k worth later this week. Going all in. I either become a millionaire or live long enough to see myself die a drug addict overdosed on meth, cocaine, ecstasy, etc. Screencap and match me.

>>30087565
Don't tell me what to do

>>30087664
Slightly better screenshot. Zcash is a catastrophic failure.

>>30087492
You put the wrong mnemonic then

>>30087492
Hopefully the password comes to you. Backup the wallet in a few places so you don't lose it incase you remember or maybe it will be worth enough to brute force one day. Wierd that you're getting so many valid seeds with different words though.

What's the cheapest way to exchange NANO to XMR?

>>30088196
non-kyc probably godex.io, kyc no idea

>>30087728
goodluck , im sure youll do great though

>>30087827

Z cash is extremely Jewish the z stands for ZOG

>>30045153
Exactly this. I plan on buying it once Monero hits a thousands, which is feasibly possible this bull market if it performs as it did in 2017.

>>30088634
>Exactly this. I plan on buying it once Monero hits a thousands, which is feasibly possible this bull market if it performs as it did in 2017.

Fun-fact: everybody who makes it is obligated to buy that jacket.

>>30088196
I've traded Nano for XMR on Kucoin, no KYC and fees weren't bad.

How the FUCK do I use the command line on xmrig
You cant just type shit into the program as its running

>>30089436
??? just put xmrig -args like you would with anything else

>>30089516
ye but where do i type them in? when im running xmrig theres nowhere to type shit in
Do I need another program just to use -args in xmrig?

>>30087827
OH NO NO NO

>>30089604
legitimately not following. xmrig accepts command line arguments in the exact same way that every other program that accepts command line arguments accepts them. just do exactly the same thing you do for other programs.

>>30089704
I don't think he knows how to run command line arguments period.

>>30089436
https://www.bleepingcomputer.com/tutorials/understanding-command-line-arguments-and-how-to-use-them/

New thread: >>30089924

>>30075568
I'm not a car guy but wouldn't a Roadster 2 be the only thing worth getting for performance? Maybe it will be like mechanical vs quartz watches and there's something special about ice cars. Personally though I tried an automatic watch and it was nice but the bulk and inaccuracy was too annoying.

Anyway yeah I reckon doing YouTube would be fine. I'd definitely shill Monero subtly if I did YouTube. Surprisingly haven't seen any crypto celebrities run into trouble because of it and you should easily be able to get a place in the citadel if shit starts going down