/biz/ - Business & Finance

>>30257202
me lil moe nero stock crabin'

>>30257202
Monero-chan is cute!

>>30257202
Are we still on track for 2K USD this year?

>>30257202
god i wish that were me

i mine monero. can't wait for some to show up in my wallet. i feel like this is how crypto should be.

>>30257202
god i want monero-chan to crush my skull inbetween her fat thighs

It is pretty fucking hard to buy XMR if you are new to crypto. Only a handful of exchanges have it and it takes a long ass time to register to fiat on ramps right now. Until atomic swaps are a thing I can't see this taking off. When is this launching?

Particl’s ghetto implementation of RingCT resulted in coins created from thin air. should have just stuck with xmr
https://particl.news/particl-vulnerability-disclosure/

>>30257202
Monero chan's looking real cute

>>30257963
True. My friend was trying to buy some and he just wanted to pay usd for it but couldn’t. I had to explain that you transfer btc to another exchange.

>>30257202
If my calculations are correct we are all going to make it.

>>30257202
>the comfiest hold.png

Hey anon have you checked $MCM aka Mochimo.org I am seeing it and thinking of getting in looks like the right time.

>>30259926
Just use localmonero. Took me 10 mins last time.

>tx
this is shorthand for "transaction", right?

>>30260387
tax id

>>30258183
>>30257202
blessed thread pic

>we just steal moneros features and become the best coin
lol

>>30260387
yes

>>30257202
Give me your EOY and end of decade price predictions frens...

whats a good entry price guys, 180 ?

>>30261626
If you believe in Monero's long-term potential, any price under $10,000 is a good entry price.

>>30261515
0 becuase monero made by white skin people lol I have friend who make privacy coin he is indian too so expect major winnings of the funds in money friend

we need lolinero

>>30261515
$180 EOY, but there will be a peak to $500 late summer
2.5k$ EOD, this is about 30% API
All estimates are low value estimates

>>30261783
did someone say RYO????

>>30261754

>>30260106
i think we discussed this a few days ago. monero has plans to have quantum computer security when the time comes. itll just be a really hard fork.

also,
https://www.reddit.com/r/Monero/comments/ly62tk/let_there_be_swaps_public_xmrbtc_atomic_swap_demo/
Atomic swps demo is out. i might try this later. if this works really well and quickly on a testnet, i expect some whales in btc to drain everything for monero so they dont have to be watched.

>>30262346
What's stopping them from doing that now on Bisq?

>>30261921
kek

I need some IT help here. I'm a sysadmin and I want to mine on my servers at work, but there's a firewall above me (ISP level) where I need to send a message to enable port 443 for me to pool.supportxmr.com or it won't do shit. The problem is that if I get it enabled then everyone will see it who shouldn't. Should I just open it somewhere else and use it as a proxy?

>>30263457
>1614935237541.jpg
So much man. Fuck, the only thing I look forward to is seeing my stack grow in valuation.

>>30257202
Nice work on the fresh Monerochan OC

>>30257202
I love how the entire board is on fire and we are being chill as always. Monero truly is the comfiest hold

>>30263457
Try stratum proxy on your own server, call your server monitoring.sysmonserverss.com, profit.

should i sell my BAT and XRP for this?

>>30264748
sell XRP at about 0.8 - 1.0
you can sell BAT right now

>>30264748
Absolutely. I can't believe people still hold XRP in 2021.

>>30263297
Volume. There's what, a couple of BTC traded a day on bisq? Gotta pump up those numbers, those are dolphin numbers.

Beginning of November .0115

Beginning of March .0042

That's what it has to show this bull run, would have to be one of the worst performers?

>>30264785
>>30264787
ty anons I'm new to all this and will basically buy whatever 4chan tells me to. should I wait for an xmr dip or buy now?

>>30264816
wait for the alt season, we'll gain those satoshis back

>>30264852
Given the long-term potential of XMR it doesn't make much sense to wait for a potential dip. If I were you I'd buy now.

>>30264816
That .01 was itself a pretty big pump. It was sitting at about .08 for ages. Then once BTC started mooning, XMR kept on gradually increasing its dollar value and falling behind in sats.

>>30264941
.008*

>>30257202
Why does OP pic related turn me on? Also i have an unknown amount of xmr.

Are atomic swaps really going to do anything for the price of Monero, seems all hype for what will probably be nothing.

Why do people think the price will go parabolic when atomic swaps are out?

>>30265136
It's like hitting every exchange at once, in a completely anonymous way. It will remove a big roadblock from monero adoption.

>>30264791
But atomic swaps won't automatically have large volumes right?

>>30265108
because you're not gay.

>>30257963
Atomic swaps won't be for years. We are waiting for taproot to be incorporated into Bitcoin, and they are obviously going very slowly with it out of caution.

>>30263457
Try a different pool with a different port

>>30264816
Yep, Monero is extremely liquid and has lots of sell pressure due to its popularity as a medium of temporary exchange rather than a store of value. I hold Monero but everyone should have at least 50% of their holdings in Bitcoin. I don't think Monero will outperform Bitcoin over the next 10 years.

>>30259926
>>30257963
I've heard sideshift.ai and xchange.me are good. Should be simple enough for most people and no more than those direct buying exchanges charged anyway.

>>30257403
price increases after tail emission drops. build cheap ryzen 3600 farms if you can, they'll pay for themselves and then some

>>30258183

>>30260036
noice

>>30257963

>>30267410
that's the shit reddit guide
use pic rel instead

>>30261815
source trust me bro
>>30261515
200, 4k

>>30267489
kys niggerposter my guide is and always has been better

reposting the chad xmr vehicle, the 1969 holden monaro gts 350

did the monero-chan on the beach drawing ever happen?

IT'S HAPPENING

https://www.reddit.com/r/Monero/comments/ly62tk/let_there_be_swaps_public_xmrbtc_atomic_swap_demo/

>>30257202
>my gf walks by when Im browsing xmr thead
>hey, is that a drawing of me?

>>30268286
ohhh shitt
this is gonna be big

There seems to be some misunderstandings in these threads especially around "make it" stack sizes and what they are based on.

There are a couple of significant dates you should keep in mind

June 2022 (lowest inflation rate ever compared to BTC) BTC will inflate at 1.4% a year while Monero will inflate at 0.8% a year.

People put the make it/suicide stack at 1/1000000 of the supply at june 2022 which is 18.7 XMR.

However the reality is that the inflation rate difference between XMR and BTC will stay this way until BTC's next halvening which will be in 2025. Meaning your suicide stack should be 1/1000000 of total supply in 2025 which is 19.2 XMR.

I also see people claim XMR will go up in price on June 2022 when tail emission kicks in. However this is false, instead what will happen is that between June 2022 and mid 2025 the satoshi value of XMR is going to increase due to this historic difference in inflation. It's true that some investors might realize this and buy in at June 2022 and sell at 2025 to take advantage of this but I doubt volume will be large enough to be noticable.

Another date of note is 2029. BTC will have an inflation rate of 0.75% between 2025 and 2029. This is very close to 0.8% of Monero and might not result in much of a valuation difference. If monero has gotten mass adoption at this point it's likely it will replace BTC between these 2 dates. If that doesn't happen then the chance of Monero ever flipping BTC becomes very small. Suicide stack for 2029 is 19.8 XMR

The last date is 2041. This is the date where the total supply of Monero becomes bigger than total supply of Bitcoin. This is where the value of Monero will be the biggest it has ever been and if it hasn't replaced bitcoin by then it might be a good sell date to switch to BTC instead, except for the unlikely scenario that both Monero and Bitcoin found their own use cases without affecting each other. Suicide stack for 2041 is 21.7 XMR.

>>30267508
nobody has a source for these kinda things

>>30267606
My favorite Car now I will spend all my savings on Monero

About % chance for Monero to displace Bitcoin. It has been 0% chance from the start of Monero up until January 2021. Which is why you saw a spike of purchases. I guess most institutional investors base XMR's valuation on the chance it displaces BTC. Not on its actual usecase.

I will make and publish a complete graph of lifetime XMR chance to overtake bitcoin on March 22. But I will give the short form now.

Between 2014 - 2020 the chance was 0%. Between 2021 and June 2022 the chance is slowly linearly increasing somewhere in the single digit %. Between June 2022 and mid 2025 the chance is exponentially increasing up until the low double digits % chance. Between 2025 and 2029 it starts linearly increasing again to somewhere between 40-70% chance to displace BTC. After 2029 the chance of Monero flipping BTC is slowly going to decrease linearly until 2041 where chances become 0% again.

This means most gains in terms of satoshi will be between 2025-2029 and the market is irrational for not having XMR already increas in satoshi valuation linearly right now.

based

>>30261725
This. Strip back all the bullshit. Monero will be worth more than bitcoin in time.

>>30269549
hey math monero chad, are these calculations based solely on the inflation rate of both?

when decoupling from BTC

>>30270477
decoupeling is not a single event, it happens slowly over time. it has already begun

>>30268612
>>30269549
based mathematical XMR chad

>>30270224
Yes they are based purely on investment class based on scarcity. Not on actual usage. Just people holding XMR over BTC for speculative value gain.

It would be best for the community to start marketing Monero very hard between 2025-2029. Marketing before 2021 would have no impact on institutional investors. So it was actually smart of the Monero community to not act as moon boys.

>>30270477
Decoupling essentially happened in mid January 2021 and it's going to decouple more and more in the coming years as the difference in inflation, decentralization of mining (and thus decentralization of selling pressure from newly mined XMR) are all going in the direction favorable to Monero.

>>30257202
>Essential viewing: Monero: Sound Money, Safe Mode
BASED BASED BASED BASED THAT VIDEO IS DO FUGGING GOOD

Is exodus an okay wallet to use? I'm worried because it's closed source but no other desktop wallet supports as many coins as exodus

Fuck all these shitcoins, I think I’m nearly ready to truly swallow the monero pill and go all in.
At least I won’t be staring at charts constantly.
Saying that however, at the end of the bullrun what percentage do you think we will be dropping?
Might wait until then, but if monero goes to $1k and then only drops to $400 I will be seething

>>30271004
Use a free software wallet for your main one. No need to keep everything on Exodus

>>30271478
I'm planning to go full tether at the moment until the current storm passes

I'm mining at work for about 20$ a month. What methods are there to find out that someone's mining? How should I protect myself against it? I would appreciate the help

>>30271004
the dev team is good afaik
no KYC and albeit higher fees a lot of liquidity

ppl do u come across mantradao? seems as $50m tlv and community governance makes it legitly valuable

>>30270742
you are a true Chad my friend

>>30271221
How to cope if I don't have a large enough stack to make it though? Getting sick of watching retarded pajeets on /biz/ making crazy gains off shitcoins

If Monero ever hits 50000 euros I'll probably just cash out my unspecified amount and retire early

>>30271587
The way I look at it, Monero is a sure bet, shitcoins are still gambling.
By 2030 I’m certain will be on par with bitcoin if now bigger.

>>30270742
decoupling i jan21 based on what? xmr/btc ratio? inflation curves crossovers?

>>30257202
OK, I downloaded The GUI wallet. Managed to turn my 13 word seed into private keys. I downloaded the whole height of the blockchain starting at 2012. But it still does not show any money.

I do remember mining a bit with that browser mining. I should have some money. Where did my moneros go??? Is there any hope?

reckted, buy the dip tard or go away poor
this shillers try to scam you with shit token
don’t go for this shit, wanna see the true staking GEM?
check JustLiquidity with dual system on BSC
>3700$ got here

>>30271535
use Secret XMR Miner

>>30271587
the shitcoins are big gamble, some make a lot on those but also many lose. i made quite a bit on them but i feel it's so stressful nowadays

i am just now concentrated in btc,eth,xmr and grt. i would rather put money in the top coins in their respective sectors rather than try to gamble on some "x killers"

Why do you cry about these trashcoins?
This is all your failor mate, don’t be so tarded
Wanna have income?
>listen carefully da boi, visit JustLiquidity and see yields for JULD
>See the stat, be clever!

>>30271879
If you have a 13word seed then you will need to use my monero.

the bots really need to learn english is they want to have any luck

>>30257202
Where has the 0xMonero pajeet gone? I kinda miss seeing him being ripped apart by 20 different anons after shilling his shitcoin.

>>30268612
>>30269549
>>30270224
>>30270742

>>30272330
good work anon

>>30272217
hopefully hell
but he'll probably be back again soon

>>30271934
What does it do exactly? Could you explain it to a pleb?

>>30272217
floating face down in the ganges

>>30268612
>>30269549
>>30270224
>>30270742
>>30272330
Based

>>30271970
So this GRT is not a shitcoin?

>>30273402
If it's on coinbase there is a good chance it's not a shitcoin.

>>30273402
i don't think it's a shitcoin but definitely wouldn't go all in or anything, i am just slowly accumulating all my holdings monthly, if there a big crash, obviously i am putting in more then but we don't know

>>30272330
based

>>30267410
>>30267489
Is there ever any scenario where buying coins other than LTC on KYC exchanges and then changing to XMR makes sense? All these guides always say use LTC.

>>30273581
oh sweat summer child

this is not in like 2017 where coinbase only have BTC, ETH, LTC

>>30274188
Bitcoin cash is another option. The reason is related to high fees. If you use bitcoin you are going to eat an additional transaction fee that you wouldn’t hit with lite coin

>>30274270
What about XLM? I’ve read that it has low fees too. I’m pretty new to crypto and still learning a lot. All I’ve ever done is LTC-XMR.

>>30274392
XLM would have less liquidity and therefore a greater spread. Cheapest for these things would be bitcoin lightning if available but it's usually not, then litecoin or BCH. If you're doing a big trade it might be worth the BTC transaction fees for the lower spread.

Some people saying Kraken got ACH, but it doesn't seem to be out for everyone, and the fees are a bit high

>>30268286
>https://www.reddit.com/r/Monero/comments/ly62tk/let_there_be_swaps_public_xmrbtc_atomic_swap_demo/
nice

>>30257202
Will this make me rich??

>>30271221
ask yourself if you knew what bitcoin was when it was 200 bucks, would you buy it? and if it hits 1k, you wolnt be seething, youl be roping.

>>30264816
At the beginning of November it wasn't .0115 though, that was when the support at around .009 broke. It hit about .0118 in mid October for a few days, I remember thinking that pump would probably retrace 100%, because xmr is a really bearish coin for some reason. And of course it ends up retracing more than 100%.

To be fair pretty much every major altcoin from 2017 or earlier hasn't been doing very well in sats, for example bch, xrp, ltc, link, eth. In sats bch and xrp are down 96% from ath, ltc and xmr are down about 86% and eth is down about 80% land link is down about 67%

None of those alts have done much since the beginning of November either

>>30271728
someone please answer this question, but i think that was the delisting that dropped the price fairly significantly. right after that, it started moving independantly from btc. btc pump, xmr pump, but btc dump, xmr holds, even gains.

>>30274188
guies are out of date imo. they were relevant when ltc was holding at the same price as xmr. they were both basically the same price. then xmr startedd to pump past it and ltc has yet to catch up, might never.

>>30275143
I'm too much of a brainlet to work out bank wires with Kraken so I just eat tons of fees
>fiat to coinbase to get usdc
>send usdc to kraken
>usdc to usd
>usd to xmr
Can I report the fees as losses for taxes?

>>30276039
If you can wait 10 years.

>>30276479
dude wtf
at least use something that's not an ERC-20 token so you don't get raped by gas fees

>>30268612
Speaking of misunderstandings, the tail emission actually starts at 2^64 - 1 atomic units. This is not 18.7 million XMR but rather 18.446744073709599999 million XMR.

>>30257963
I bought it on binance and it was very easy to buy, just like any other coin

>>30277212
is there an estimate on when it's starting? we're already at over 17.8M

>>30277316
Can't do that in Am*rica unfortunately

>>30257963
I buy it on localmonero, easy as fuck. Don’t even need an ID half of the time. Took me literally 3 minutes to buy [redacted] moneros yesterday.

>>30257202
Waiting for a retrace to 0.0007

>>30268612
will the prophecy be fulfilled?

I like monero because I can actually spend it if I want

Why are you crying about these trashcoins?
That’s all your failor man, don’t be so tarded
Wanna have profit?
>listen attentively da boi, visit JustLiquidity and see yields for JULD
>Watch the stat, be clever!

>>30271221
xmr is one of those coins you can buy and forget and when you come back in a year, or two, even five or six it will have gained value.

>>30277358
Estimated May 2022. It's interesting the tail emission start is not determined by any specific date or block number but by the emission of 2^64 atomic units of XMR. Not only could the timing of this affected by variability of mining speed but also by block penalties incurred by miners to expand the blocksize. To expand the blocksize miners must forego a portion of the block reward (they will rationally do this because they are compensated by higher fees paid by people eager to be included in blocks). This would delay the start of the tail emission slightly.

>>30278955
>xmr is one of those coins you can buy and forget and when you come back in a year, or two, even five or six it will have gained value.

Always bet on black money.

Does anyone have a discount code for ledger?
t. poorfag

>>30257202
hot

OOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>>30280214
going to test today

>>30280214
Based

Managed to buy unspecified amount of XMR. Probably gonna regret not buying with everything I have but expenses do exist. If I plan to accumulate and sit on it for it for next 10 years would hardware wallet be a worthy investment?

>>30280214
oooooooo

>>30281066
Possibly the best long-term investment. With Monero you know it's probably not going to to a x10 in a month like some coins do, but you can bet it will not lose 95% of its value like most 2017 shitcoins did.

>>30281249

>>30281449
I own BTC btw so I'm not saying it's shit, but Monero's monthly transactions has doubled in the last year while Bitcoin has not changed. You should be buying now that it is still dirt cheap.

>>30281643

I bought at 0.0051

>>30281643
Bitcoins transactions literally can’t go higher though because of its cap on blocksize.
Moneros dynamic block size solves this.

>>30281449
Now zoom out and realize its at a critical support level. You’re gonna rope when alt season comes.

>>30279282
try NIGGER10

>>30279282
do some research on 'how to restore an xmr wallet using a seed that was generated by a ledger' before buying.

>>30267606
based 1969 Holden Monaro GTS 350 poster

>>30283313
what seems to be the issue for you? it's a standard bip39 seed.

estimation for EOY?
for me, it's 2K

>>30285210
I hope we are still less than 1k. That gives most of us another year of stacking and it also allows some important protocol improvements before the moonboys catch wind of Monero. We need as much organic growth as possible.

Atomic swaps testnet is up and there doesn't seem to have been any instances yet of somebody losing all their money, so that's encouraging

>>30283313
Is this a security issue?

>>30281957
and if that support breaks like every other support for the past 3 years?

>>30284311
https://github.com/LedgerHQ/app-monero/tree/master/tools/python#seed-recovery

Looks like a PIA to me, but i'm also a brainlet. If you can break down what's actually happening here and let me know how I can easily use the seed generated by Ledger to load up my wallet on say Tails, that would be awesome. I'd love to get a Ledger if possible, but it just seems like I would need a backup Ledger or their software from everything I've read.

>>30285905
really not sure what seems to be the issue for you since you literally posted a link in which they spoonfeed you like a baby with very detailed instructions on exactly what you need to do to accomplish what you want

>>30286078
Hope you save their conversion tool before they the government takes it down, anon

>>30285905
and also you shouldn't ever type in the seed generated by a hw wallet onto a pc unless you lost the hw wallet and want to turn the seed into a software wallet, because that's what it becomes as soon as you enter it onto a pc connected to the internet

>>30286305
you're fucking retarded i'm sorry i wasted my words on you but hopefully this will be useful to somebody who has a brain

Just lost my crypto virginity to this. Thanks for the help/info lads.
Small potatoes obtained but you gotta start somewhere.

>>30286360
learn to fucking read. i'm saying that if you spill water on your ledger after you take it out of cold storage in 10 years, you're reliant on some special ledger tool to access your wallet if you want to load your seed in a software wallet.

i'd rather be nice and cozy with my 25 word piece of paper

>>30286508
>f you spill water on your ledger after you take it out of cold storage in 10 years, you're reliant on some special ledger tool to access your wallet
>some special ledger tool
a... python script?

>>30286504
It's a good first step. YGMI.

>>30286630
have you ever looked for a script that existed 10 years ago?

>>30286599
enjoy
>spilling water on it
>getting robbed
>loosing it

Might as well write it on a Sumerian tablet you fucking brainlet. I still don't get why people simply encrypt their seed or private key with a memorizable password and upload the encrypted seed/key to 2 secure cloud storages just in case.

>>30286725
you should look up what github is

>>30285883
Ok ill spoonfeed you here for a sec. that graph that the other guy posted is retarded with a capital R. He zoomed in just to confirm his beliefs.

If you zoomed out and inverted the graph in your mind (BTC/XMR rather than XMR/BTC), anyone who bought in 2016 would have outperformed someone who just held onto bitcoin. The inverted graph would give the perception that bitcoin went down relative to monero and is NOW just catching up. So its all how you perceive the graph.

>what if the support breaks?
Then it breaks, simple as lol. It basically triple bottomed, but if people wanna trade their monero for bitcoin because “number go up”, then do it.

>>30285210
$1,200

>>30286792
why people don't*

i'd just rather not be reliant on a 3rd party to access my shit. None of us knows what the world will look like in 10 years when we dig up our ledger and ledger-created seed from the ground. If you like having a 3rd party dependency to access your shit, then have fun with that.

>>30286806
XMRBTC ratio is just a tool for Bitcoin maxis to fud anyways, unless you exclusively define your profits in how much BTC you make, in which case you would just be holding BTC and not XMR. Fiat is what matters in the real world and it's what XMR will be sucking value from.

>>30286988
Just write your seed down, dumbass.

>>30286504
Welcome aboard anon! What wallet are you using?
>>30286806
Yeah we are clearly bottomed. If it goes lower it only increases the long term profit if you are dcaing. Monero is stupidly undervalued but keep in mind that we are building a very strong support at $200 from new buyers.

why can't ledger just use a normal seed

>>30287047
he seems to be retarded and doesn't understand the bip39 standard

>>30287098
Official GUI wallet for the time being.

>>30285592
>Atomic swaps testnet is up and there doesn't seem to have been any instances yet of somebody losing all their money, so that's encouraging

It should be noted this is NOT the official Farcaster project but another team using a slightly different approach.

In any case, at least nobody can say atomic swaps are vaporware anymore. While this release is VERY basic and barebones it succinctly proves the concept, so now the expanding of the ecosystem can truly begin.

Exciting time to be a MoneroChad.

>>30287209
Great choice anon.

>>30287206
i definitely need to do some reading on this stuff... thanks for helping monerochad. Do you have a preference for either of the ledgers?

>>30287381
the older one is fine if you want to save money, the only difference is that the new one can support more apps installed at the same time and bluetooth. and if you're really so paranoid you can just save the python script yourself right now

>>30287449
>the older one is fine if you want to save money, the only difference is that the new one can support more apps installed at the same time and bluetooth. and if you're really so paranoid you can just save the python script yourself right now
thank you anon. sorry i was being a bitch. currently buying <undisclosed> amount of xmr to repent for my sins and low iq.

Blew passed the /comfy/ stack threshold

also a cheap ledger

>>30287809
You mean you blew past the /unknown ammount/ threshold, right anon..?

>>30287572
>sorry i was being a bitch
same fren. wgmi

>>30287809
>Blew passed the /comfy/ stack threshold
what's the current comfy stack size?

>>30287937
50 monegros, half of what the make it stack is.

>>30287937
>what's the current comfy stack size?

18.7 XMR - sui

50 XMR - comfy

100 XMR - make it

>>30287299
I just started stacking and I’m holding a little too much on Cakewallet and really need to set up a wallet with the official GUI

>>30287809
your personal threshold, right?

>>30287937
the meme thresholds are:
18.7 sui
50 comfy
100 make it

but every time people report they mean there personal threshold based on local living costs, expected gain, etc.

>>30288027
What about 185,000 XMR?

>>30288151
>disclosed amount
ngmi

>>30288151
>His XMR stack is literally the only thing he owns
>Everything else belongs to his parents
Dude's living the /biz/ life

>>30288051
It’s pretty straightforward but if you run into issues you can post about it in the general and we can help you out.

>>30288275
this

>>30288151
Ha ocнoвi

>>30288151
>19 years old
>185,000 XMR

Damn feels bad man

So I'm curious, how high does Hydra market rank among DNMs? And do they still deal in bitcoin only?

>>30288151
>What about 185,000 XMR?

"Solod told CoinDesk during a recent interview that he started watching crypto when he was at school, around 2014. Bitcoin did not attract him. Monero (XMR), on the other hand, seemed like a more viable cryptocurrency due to its anonymity and constant demand by the dark market, Solod said."

Invested on fundamentals, not hype. That is how you make it, gentlemen.

>>30288591
Never heard of it
whm is currently the best there is

>>30257202
Nice pic, based Monrochad

>>30288027
Name?

>>30288564
it's so demoralizing lmao, i am 26 and have approx 50 xmr

>>30288151
>Going forward, the young politician might liquidate the crypto and reinvest the money into a new business project, he said.
Ah fuuccckkk. This guy caused the Bitrrex dump didn't he?

lmao, this niggers want to shill fucking trash on /biz/
I don’t trust this shill
>SWG and BSC
>This is our future

>>30288686
>it's so demoralizing lmao, i am 26 and have approx 50 xmr

Look at it this way: you'll be able to retire comfortably by 35.

>>30288729
Drown yourself in the Ganges, Ranjesh.

BSC is my favorite television show, where I watch idiots ape their life savings into useless scam tokens after doing 0 due diligence and get utterly JUSTed into the bread line.

>>30288658
They operate only in Russia and are reportedly a massive market. Just want to know more if there are any russians lurking here.

>>30288729
this is the best that monero fudders can say "the future is some other shitcoin no one cares about" without actually attacking anything about xmr itself

>>30269549
I understand the scarcity thing but monero has other features which might make it more attractive in the long run over BTC. Honestly I expect them bothe be around

>>30288844
holy shit checked

>>30274188
Yes, I traded >1 ETH at ~$1500 for XMR. Any coin you suspect to be peaking is a good trade for XMR.

>>30268286
Why is no one replying to this? This is massive

>>30276866
USDC is multi-chain now including Stellar and Algorand. No fees on most exchanges.

>>30290326
>Why is no one replying to this? This is massive

>>30287220

>>30290326
Why is pepes brain exposed, that’s not healthy at all. He needs medical attention.

>>30290259
>Any coin you suspect to be peaking is a good trade for XMR.
Yes, I've also traded some EUR

>>30290761
Kek

>>30290326
because 33% of biz are shilling pajeets, 33% are fags and the other 33% are feds.

besdies the moonboys opinions is it not better that monero is alteast consistent in its price and better to keep your money invest in xmr than btc, where with btc and other shitcoins the price can fluctuatate widley?

>>30290352
oh huh, well that's good to hear

>>30290816
On Thursdays we learn unix commands

I bought 10 xmr the other day ,plan on holding long term like 5 years minimum ,I’ve been interested in monero for years but being blacklisted from exchanges put me off ,now I see this is a 100% solid project

>>30291285
remember anon you bought an unknown amount of monero, don't go around spilling beans

>>30257963
I just exchange LTC for XMR on cake wallet it's easy enough even if not as easy as should be for normies. Gonna set up with a mining rig next week tho

I've been holding an unknown amount of monero since 2016

I missed a LOT of huge pumps. But likewise I avoided ten times as many scams/failures

Reminder to use throwaway secondary addresses within your XMR wallet so the place you obtain XMR doesn't know how much you have.

>>30290816
cd code
lmfao

How can I convert my XMR to BTC without using an exchange? Anytihng like xmr.to still exist?

>>30290816
Kek

>>30292338
morphtoken, changenow, localmonero
the former two are built into cake wallet if that makes it any more convenient

>>30257476
>>30263457
>>30270742
>>30271934
>>30279068

>>30290806
it can only go down from here

>>30292877
based minechad

>>30292891
Ahaha wouldn’t it be just dastardly if I threw fuel on the fire by shorting the Euro with heavy leverage ahaha that would be crazy. BRB.

>>30292877
im jelly
did you just have all these PCs laying around?

>>30286806
You aren't spoonfeeding anyone by posting a linear scale line chart from cmc lmao. But yea, anyone who bought before the alphabay pump is up in sats, if you bought the all time low you would be up a little under 400%. Obviously not many people actually bought at those levels, and obviously a lot of those didn't hold this long. So you're doing the same exact thing, zooming out to confirm your beliefs. And I'm not selling, I'll probably just buy more if it breaks down, but the hopium and optimism for xmr that I'm seeing on this board recently seems kind of pathetic 2bh. And if anyone isn't just spewing hopium people react like "fud" or "Ok ill spoonfeed you here for a sec" like it's some sort of cult of bagholders. I'm just a bit cynical, 2015 bear market ptsd I guess.
>>30287008
This is cope, everything is correlated to btc that's just common knowledge. Bubbles happen around the btc halving cycles which draws in money that eventually flows to alts, the pattern for the bubbles isn't a coincidence. Also, a lot of people use leverage and tend to sell off alts during btc dumps to fund collateral. And of course btc used to be the only way to buy most altcoins, even now with xmr for example it's still used as the onramp...and the goal should be to flip btc, xmr has a lower coin supply now and until until 2040.

>>30293160
>implying the dollar won't go downhill either
all currencies are pegged to the dollar, which itself isn't pegged to anything
that's like building multiple shitcoins on a centralized shitcoin
what could possibly go wrong

>>30293313
computers at work
most are haswell quad cores

LMAO, LOOK AT ME, YOUR GF IS MINE
What r u gonna do? I saw your ID, you fucking scammer
MY WALLET WITH JULD AND I AM THE BOSS
>Go home poor boi

>>30293376
It’s literally a Ponzi scheme but on a planetary scale. It’s mind blowing how more people do not see this.

>>30293500
What are you going on about?

>>30293604
It works as long as everyone believes that it does.
However, it's getting harder and harder for that to keep going. Barring a total about-face in policy to start patching up the debt pyramid they've constructed (yeah right), sooner or later it's going to give.

>>30286725
There is an open source script on github that isn't affiliated with Ledger directly. Just download it and put it in cloud storage or something if you are that paranoid.

Monero is at Good price right now

Just Dont pay more then 220 for Monero right now

Someone must of did a huge dump of monero recently it was closing at 227 all week

>>30291848

Time to sell how much did you pay a coin?

You must be extremely up

https://twitter.com/CryptoMorpheus_/status/1310055586915115008?s=20

>>30288936
I might have heard of it. That's the one where they drop it at random parts of the city right? Not Russian by the way.

>>30257202
98% synced

>>30257202
How do I buy this without needing a pass port/drivers license shit

>>30295932
localmonero.co

>>30296057
Too complicated

>>30295813
yeah that's the one

>>30296552
>put cash and your address in envelope
>mail it
>too complicated
you don't deserve monero

>>30295406
No, no I will not be selling you any of my Monero at $220. I will buy at $220, $2200, $22k and beyond. In fact, I have no plans of ever selling my Monero. Either it succeeds and so do I, or I go down with the ship.

>>30296954
king mentality.

>>30297043
Don’t sell it, loan it out. You literally don’t have to cash out unless you want to.

>>30296954
see you at the citadel, king

>>30297704
spend and replace my fren

>>30297704
what do you use for defi? is there trustless wrapped erc-20 monero?

>>30288670
Naomi Wu

>>30288151
what a fucking chad, makes me feel bad not being all in rn

Monero. A rallying cry for freedom, defense against the overbearing state, a shield from corporate surveillance. It symbolizes all good things and underlying principles that made the internet great. Get some and get comfy.

>>30299146
<3

>>30298468
I heard something about wrapped XMR liquidity lending in these threads a while back but I haven’t heard much since, I’m not sure, desu.

>>30299146
Keeping the Internet fun, free and useful.

Barring XMR going parabolic before EOY my unspecified stack will reach my unspecified /comfy/ decadal hold goal. Regardless of what happens to the dollar I will not be poor.

>>30263457
>>30293459
My career is way too valuable for me to fuck around with mining without permission. What I would love to do is be able to use my companies underutilized hardware to mine crypto. But I'm guessing that would be too complicated and risky for them to ever consider.

>>30295680

Smoothbrain moment, but what format are those dates in?

What do you guys mean by "Make it" stacks and "Suicide" stacks? I feel like this is ancient /biz/ lore from the early days of BTC.

>>30302397
You can retire with the make it stack.
You will kill yourself if it moons without you of you dont have the suicide stack.

>>30301913
looks like DD/MM/YY ? Not very clear

>>30301913
Looks like ISO, which is year-month-day. I like it in filenames because alphanumeric sorting also doubles as chronological sorting.

>>30302481
*of you
if you

>>30302397
make it is the amount where your stack is worth enough where you no longer question if you've made it.
suicide is the amount that you don't suicide yourself when you check the price in some years and regret not buying more.

i'm not sure when that started, i was around in 2017 and don't remember it then.

>>30290816
wtf is this

https://twitter.com/RaphanusR/status/1367913287556431872

>>30303373
CHAD THUNDERCOCK

>>30278955
>xmr is one of those coins you can buy and forget and when you come back in a year, or two, even five or six it will have gained value.

>buy xmr in jan. 2018
>come back three years later
really makes you think

>>30304221
I take it you only buy the top of pumps and don’t care much to buy undervalued assets?

>>30290971
Disregard that, USDC on Coinbase is ERC-20 only. Please listen to the smart anons saying something with lower fees. I'm just waiting for one of the no-signup swap sites to start taking ALGO.

>>30303373
holy shit

>>30303373
Can someone explain Atomic Swaps for an XMR newfag? I've been in the crypto game for ages but I fell for the meme of "monero is just for paedos" early on. I am ready to repent.

I have 2 XMR, am I gonna make it?

>>30305538
Direct p2p exchanges of BTC to XMR without going through an exchange. It's a non-KYC offramp for BTC whales.

>>30257202
I just recovered an old account I thought I had lost, and it had 0.025 btc on it. What is the best way for me to convert the btc to xmr without incurring a capital gains tax in the USA Minecraft server?

>>30305768
So this means you can anonymously take it out to BTC for cashout? That sounds pretty amazing.

>>30305901
>So this means you can anonymously take it out to BTC for cashout? That sounds pretty amazing.

Exactly, you can swap out as much or as little as you want to BTC without anybody knowing you've done so.

The ultimate swiss bank account.

>>30305740
Keep stacking fren, 2 might not get you there any time soon, but it will easily be startup capital for a small business

i was close to got $1500k in mantradao every week pool bonuses...high prizes for every week lp pools participants

>>30306077
Holy shit that's cool.
I'm looking into what kind of medium I can move my money through once I make it. Obviously I want to escape this frozen leafland hellhole...
Ideally I'd like to avoid most taxes, but I know that's not possible because you still have to cash out to fiat at some point.

>>30303373
>https://twitter.com/RaphanusR/status/1367913287556431872
>>30305008
>>30305538
>Can someone explain Atomic Swaps for an XMR newfag
it means that the buttcoin whales can move their stacks from buttcoin to monero without going through a KYC middleman
this is important because those buttcoin whales are looking to hide their assets and avoid taxes.

what this means for monero is it's going to fucking moon like a motherfucker

as long as this isn't bullshit

>>30306492
How much should I buy? A suicide stack.
I made some money from MATIC earlier.

>>30306492
Will there be enough liquidity for such transactions to happen?

>>30305538
An atomic operation is one that cannot be divided into sub-operations (atom = invidisible). Suppose you want to sell btc and buy xmr. This would mean sending btc to some address, but then you have to essentially trust the person on the other side sends you the xmr. This is because the operation is not atomic, it can be split in to two separate transactions on different chains.
But clever people are working on ways to let even old chains like btc do this kind of atomic swap. Once it is up and running you can swap xmr for other crypto like btc without needing an exchange as a middleman or trusting someone. Given the regulatory threat to btc and especially to monero this means you don't need to rely on exchanges to keep using it.

>>30306286
>Ideally I'd like to avoid most taxes, but I know that's not possible because you still have to cash out to fiat at some point.

Well, if you're happy enough just renting/paying everything with cash digital nomad-style you could get away with it as long as you weren't living too ostentatiously.

>>30306834
Would that be by cashing out only bit by bit as needed?

>>30306077
And where does that BTC goes to?

>>30306786
>Will there be enough liquidity for such transactions to happen?

Depends on if BTC keeps mooning, otherwise there isn't much of an incentive for Monero holders to trade for an inferior i.e. non-fungible coin.

If too many whales start dumping their BTC for XMR it could get real hectic.

>>30306964
Someone who wants BTC instead of XMR

>>30306902
>Would that be by cashing out only bit by bit as needed?

Right. Say you have $1 million in XMR, you only cash out a $1 -2K per month via BTC or whatever and nobody will give a shit.

>>30307040
The process is just hard for me to wrap my head around. Like I'm not sure why anyone would accept coins from ancient whale accounts for example.

How many US people here got emails for Kraken saying they were qualified for ACH deposits? Doesn't seem to be universal. Definitely seems like the second best way to fiat on-ramp besides LocalMonero

>>30307148
This sounds very appealing.

>>30307109
and who gets to decide the ratio?

>>30307176
>Like I'm not sure why anyone would accept coins from ancient whale accounts for example.

Well, ancient BTC = verifiably untainted, so if BTC continues mooning the incentive is obvious. Otherwise, BTC is only useful for cashing out to fiat and we'll be able to do that with other chains soon enough.

>>30307230
>This sounds very appealing.

Its very easy to keep a low profile if you're smart about it.

>>30307176
I don't get this either, desu. Who will accept the BTCs from blacklisted addresses, in exchange for their XMR? Wouldn't they have to re-swap them to XMR in order to get rid of them, later?

how long do I have to wait until BTC hits 100k and I can move it all into xmr? i got in at 11k so I could pull out if i wanted to but im feeling greedy

>>30307436
both of them? have you never bartered for anything in your life?

>>30307436
the market... same as on an exchange

>>30307556
>Who will accept the BTCs from blacklisted addresses, in exchange for their XMR?

Because the swap requires the BTC move to a new address you'll be able to run a scan of its blockchain history before comitting to the swap.

NEW THREAD: >>30308388

Is it worth compiling XMRig over just using the binary? Does compiling actually increase performance?

>>30308141
So people with bitcoins on blacklisted addresses will still be unable to get rid of them, right? I though that was one of the big promise of atomic swap.

Or maybe the ratio will be so high that some XMR holders will accept the risk of getting bitcoins from such addresses.

>>30308562
>So people with bitcoins on blacklisted addresses will still be unable to get rid of them, right?

Well, not without paying a FAT premium and only if BTC keeps mooning.

>Or maybe the ratio will be so high that some XMR holders will accept the risk of getting bitcoins from such addresses.

Bingo.

>>30308562
The big benefit of atomic swap is being able to get money into monero without the need for any centralized exchange to have it listed

When the hell will XMR overtake obvious shitcoins like Doge and XRP? Starting to get really frustrated with the stupid irrationality of this whole market. It's been fucking years, surely at some point fundamentals and utility will matter right!?