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/biz/ - Business & Finance


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49567492 No.49567492 [Reply] [Original]

Welcome to the Monero General, dedicated to the discussion of the world's leading decentralized P2P privacy cryptocurrency!

Monero is secure, low-fee, and fungible, meaning users can send XMR around the globe despite corrupt governments or broken financial systems. Innovative privacy features such as Ring Signatures, Stealth Addresses, and Ring CT ensure that Monero's blockchain is obfuscated -- In other words, the financial history of all Monero users is encrypted from the prying eyes of adversaries on a public blockchain, with transactions being visible only by a user willingly providing a view key.

Monero has also improved upon the scaling downsides of current popular cryptos. To avoid high fees, dynamic block size ensures that the size of the blocks will increase as the amount of transactions increases. Further, the mining network algorithm RandomX establishes that anybody with a CPU can participate in mining, preventing the ASIC miner domination that creates a high barrier of entry. Lastly, the mining network will be preserved by Tail Emission -- instead of the block reward falling to zero like with Bitcoin, the block reward will gradually approach 0.6 XMR in June 2022, where it will forever stay. This constant linear inflation means the inflation rate will asymptotically go to zero while continuing to provide an incentive to miners to maintain the network.

If you still have questions, feel free to ask and a MoneroChad will be with you shortly.

XMR Redpill: https://youtu.be/wq6w03E2DS4

XMR Stats: moneroj.net

USE Monero: https://cryptwerk.com/pay-with/xmr/

OFFICIAL WEBSITE - getmonero.org

WHERE TO GET MONERO?

>KYC:
Kraken
Binance
Bitfinex

>Non KYC:
LocalMonero
Morphtoken
Bisq
Kucoin
Tradeogre
Crypto ATMs
see: kycnot.me

>Mining
archive.is/TWOah

HOW TO STORE MONERO?

>Desktop
Official Gui/Cli
My Monero
Exodus
Feather

>Mobile
IOS: Cakewallet
Android: Monerujo

>> No.49567555
File: 577 KB, 1298x900, 162614854231641471.jpg [View same] [iqdb] [saucenao] [google]
49567555

PREVIOUS THREAD: >>49512476

>> No.49567592
File: 889 KB, 1568x1080, P2Pool.png [View same] [iqdb] [saucenao] [google]
49567592

STOP MINING IN MINEXMR
>START MINING IN P2POOL
STOP MINING IN MINEXMR
>START MINING IN P2POOL

P2Pool combines the advantages of pool and solo mining; you still fully control your Monero node and what it mines, but you get frequent payouts like on a regular pool.

P2Pool has no central server that can be shutdown/blocked because it uses a separate blockchain to merge mine with Monero. There's no pool admin that can control what your hashrate is used for or decide who can mine on the pool and who can't; It's permissionless!

Decentralized pool mining (P2Pool) is pretty much the ultimate way to secure a PoW coin against 51% attacks. When P2Pool reaches 51% of the total network hashrate, Monero will be essentially invulnerable to such attacks.


YOU CAN NOW MINE IN P2POOL DIRECTLY FROM THE MONERO GUI WALLET!

If you have a PC or laptop:

1. Download Monero GUI
https://i.imgur.com/ZGefPef.png

2. Pick 'Advanced' mode
https://i.imgur.com/4c0uSE4.png

3. Set up your wallet
https://i.imgur.com/4lMKh00.png

4. Keep the default Daemon settings "Start a node automatically in the background"
https://i.imgur.com/maACmmT.png

5. Once sync'd, go to Advanced->Mining and pick 'P2Pool'. If you have a laptop or low-end PC (~50 kH/s) pick "Mini" pool, else pick "Main"
https://i.imgur.com/E60JeMG.png

P2Pool-compatible remote nodes if you do not have your own local copy of the blockchain:

>p2pmd.xmrvsbeast.com - (Western Europe) (rpc-port 18081, zmq-port 18083)
>myxmr.net - (Northern Europe) (rpc-port 18081, zmq-port 18083)

OTHERWISE SWITCH TO A SMALLER POOL, IT TAKES YOU 30 SECONDS AND YOU CAN JUST SOURCE A DIFFERENT CONFIG FILE IF YOU DON'T WANT TO FUCK UP YOUR EXISTING ONE.

Many inexperienced miners think that big pools give better profits which is not the case. Your profits in the long run depend only on your hashrate, not on the pool's hashrate.

https://web.xmrpool.eu/xmr-monero-easy-mining-guide.html
https://monero.hashvault.pro/en/getting-started
https://www.supportxmr.com

>> No.49567618
File: 65 KB, 560x558, TakeThePill.jpg [View same] [iqdb] [saucenao] [google]
49567618

*****/XMR/ Monero General Info-Dump*****
>*****/XMR/ Monero General Info-Dump*****
*****/XMR/ Monero General Info-Dump*****
>*****/XMR/ Monero General Info-Dump*****


Learn more about Monero's key features and excellent future prospects, have some common misconceptions dispelled and discover the cold hard facts about Bitcoin, Zcash and PirateChain. Also featured is a noob-friendly buying, storage and wallet guide.


>Monero: it's what new Bitcoin users think they bought. Every feature, explained
https://moneroinfodump.neocities.org


>Why Monero is so untraceable: a rundown of the powerful stealth tech Monero utilizes
https://moneroinfodump.neocities.org#MoneroIsUntraceable


>The Writing on the Wall: Monero replacing Bitcoin as the new standard
https://moneroinfodump.neocities.org#MoneroReplacingBitcoin


>Breaking News: no, Monero still isn't traceable
https://moneroinfodump.neocities.org/#RecognizingTraceabilityFUD


>Vaporware: why nobody is worried about CipherTrace's magic crystal ball
https://moneroinfodump.neocities.org#CipherTraceFail


>Very Clever Math: how we can verify that the XMR supply isn't being inflated
https://moneroinfodump.neocities.org/#MuhInflationBug


>Pssst, wanna buy some Monero? Follow these simple how-to guides
https://moneroinfodump.neocities.org#BuyAndStoreMonero


>Bitcoin: The Original Non-Fungible Token
https://moneroinfodump.neocities.org#BitcoinBlackpill


>Why Monero is Better than Zcash: the "privacy coin" criminals won't touch
https://moneroinfodump.neocities.org#ZcashBlackpill


>The Lowdown on PirateChain: why this Zcash clone is considered a scam
https://moneroinfodump.neocities.org#PirateChainBlackpill


>LATEST UPDATES

- added Proof-of-Stake update to Zcash Blackpill
- added list of available desktop/mobile wallets
- expanded all sections with more relevant info, graphics & videos
- added easily linkable headers and sub-headers (link icon to the far right)
- added a new section about traceability FUD

>> No.49567655
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49567655

>The irrational exuberance of cryptocurrency investors

Irrational exuberance is characterized as a hype-fueled mania that causes investors to massively overestimate an asset's real-world value. In this delusional state, investors tend to become so smitten with expectations of greater profits that they disregard the assets’ potentially weak fundamentals and drink the proverbial Kool-Aid.

This then leads to them recklessly and repeatedly buying into whatever asset is currently rising in the charts, thereby triggering and/or sustaining an asset bubble. This bubble is kept inflated solely by the mass delusion that the market price is justified and will only keep going up in future, effectively becoming a self-fulfilling prophecy. Note that bubbles can last for years, especially in an age of easy investor on-boarding. However, when history inevitably repeats and the bubble bursts that optimism invariably turns into panic as the asset crashes back down to its real-world value.

In finance, the "greater fool theory" suggests that one can sometimes make money through the purchase of overvalued assets—items with a purchase price drastically exceeding the intrinsic value—if those assets can later be resold at an even higher price.

In this context, one "fool" might pay for an overpriced asset, hoping that he can sell it to an even "greater fool" and make a profit. This only works as long as there are enough new "greater fools" willing to pay higher and higher prices for the asset. Eventually, investors can no longer deny that the price is out of touch with reality, at which point a sell-off can cause the price to drop significantly until it is closer to its fair value, which in some cases could be zero.

This effect is often further exacerbated by herd mentality, whereby people hear stories of others who bought in early and made big profits, causing those who did not buy to feel a fear of missing out.

>> No.49567661
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49567661

>>49567492
Buying Monero is securing generational wealth.

>> No.49567686
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49567686

Never forget what this is ultimately all about.

>> No.49567737
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49567737

>No tail emission = Bitcoin is fucked

Right now, at the current hashrate, miners break even on energy expenses at a BTC price of $22K. Post 2024 halving, that break even point, at the current hashrate, goes up to $44K. If BTC does not go to $44K, miners will be unprofitable and hashrate will have to drop (miners going out of business) to reduce the cost of securing the network, also reducing the security.

If you know anything about the power of 2, you already know that things get very big, very fast. If we’re 3 halvings into 32 total halvings, then the estimated break even point for miners at current hashrate going into the last halving would be:

$22,000 * (2^27) = $2,952,790,016,000 per BTC

$2,952,790,016,000 per BTC * 21 Million total Bitcoin = $62,008,590,336,000,000,000 BTC Market Cap

The block rewards shrink so fast that after enough halvings bitcoin would eventually require a $2.95 trillion price per Bitcoin and a $62 quintillion market cap to sustain the current cost of $7.15 billion/year.

Even if these numbers were somehow realistic, can you imagine securing a $62 quintillion market cap on only $7.15 billion/year of hashrate? LOL.

And that’s assuming energy costs do not increase at all over the next 120 years, which they will.

So basically BTC mining will eventually become so unprofitable the hashrate (network security) will shrivel up UNLESS it is subsidized by BTC transaction fees.

https://cryptostackers.substack.com/p/bitcoin-is-not-a-store-of-value

>> No.49568068
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49568068

How does it feel knowing you're being obsoleted by a superior competitor?

>> No.49568246
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>>49567661
What are you trying to imply with that image, anon?

>> No.49568345
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49568345

>>49567661

>> No.49569104
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49569104

>> No.49569120

Reporting in

tor irc- https://pst.klgrth.io/paste/tzm4s
Aliases- https://pst.klgrth.io/paste/bjbx3
Extras- https://pst.klgrth.io/paste/daxte
Nodes- https://pst.klgrth.io/paste/ke2k8
Mining- https://pst.klgrth.io/paste/c7na4

>> No.49569267
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49569267

how much do you typically earn on mining in usd terms if you just left one pc on all the time

>> No.49569414
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49569414

We're not going away, faggots, get used to it.

This is now a Zcash appreciation thread. Post some zemes.

>> No.49569536
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>> No.49569768
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49569768

>>49568068
>>49569104
>>49569414
>>49569536

Ain't it hilarious how you faggots have to post in here because nobody else gives a shit about your corporate spycoin?

>> No.49569858
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49569858

>>49569104

oops not you

>> No.49570224

>>49567618
Love you, infodumpers. May you always be part of /XMR/

>> No.49570305
File: 3.79 MB, 4032x3024, XMR pizza.jpg [View same] [iqdb] [saucenao] [google]
49570305

If we hit 130 I'm buying. Does anyone know if Coinbase is restricting transfers of LTC or any other coin?

>> No.49570655

>>49570305
Coinbase is unbelievably shit. I don't think they're restricting transfers but I hey always seem to have maintenance problems and 0/10 customer service.

>> No.49570727

>>49569120
based

>> No.49570881
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49570881

>>49568246
"Do it for her"?

>> No.49571161
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49571161

>> No.49571362
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49571362

Anyone have that one of monero chan spanking IRS chan?

>> No.49571705
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49571705

>>49569858
All good bro, those ztrannies annoy me too.
>>49571362
Here ya go fren.

>> No.49571718

>>49571705
Thank you.

>> No.49572523
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49572523

>>49567661
>>49568246
>>49570881
>thinking-emoji.png
More like...
>>49571362
Fuck, why can't we have more Monero-chan cosplay? It probably cost less than the usual artist request.

>> No.49572733

>hard fork in one month
Should I be worried?
(Also LMAO at the four or so """Classic""" spinoffs)

>> No.49572763

>>49567592
What happens when minexmr gets to 51%? Does XMR die?

>> No.49572781

>>49570305
use Kraken if you can. Last time I used coinbase I used my paypal, not my bank account transfer, and they only let me send HALF of the amount off CB immediately, I had to wait 7 days to send the other half, at which point the asset I wanted to buy doubled in price. Never had done that to me before, and hasn't done that to me the one time I used it since. And yes, this happened on the day of a major dump (when btc went under 30k in early may)

>> No.49572811

>>49570305
am I too greedy if I am trying to wait for sub-100 dollar XMR to slurp?

>> No.49572928

>>49572811
Probably yes.

>> No.49573055
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49573055

I'm thinking of swapping the last 2 ETH that I have for XMR. Fuck ETH is being a piece of shit.

>> No.49573080

>>49572733
>Should I be worried?
No, Monero has never had a contentious hard fork. This one isn't controversial either.

>> No.49573152
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49573152

>>49573055
https://www.tradingview.com/symbols/XMRETH/

XMR has done a 2x against ETH since the beginning of the year.

>> No.49573249
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49573249

>>49573152
Yeah which is why I said ETH is being a piece of shit.
I kept a couple just to play with options on Deribit, meh I'm starting to think it's not really worth it.

>> No.49573310

When will XMR finally take off? Its the only serious project besides ETH. It should be a top 3 crypto at least

>> No.49573409

>>49571161
Is that oc anon? Very based.

>> No.49573530

>>49573249
The shitcoin casino coins/platforms are a very bad hold during bear markets in the same way that holding real life casino stocks are bad holds during a bear market. It's not just ETH, look at the ratios for every other smart contract platform in the top 100 and they've been bleeding against Monero for months. People flee to safety during bear markets.

>> No.49573571
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49573571

>>49573310
> When will XMR finally take off?

The sooner more people find a purpose for it, the sooner it will “take off” but what do you mean by take off? For me it means mass adoption. I don’t give a fuck about its USD price. If you want true cryptocurrency to thrive, good news! You can actually make it thrive your in control. Run a full node, and use monero to buy shit with extreme privacy and anonymity. So many useful reasons to by anonymously, private and censorship free. Buy some watches from Russia. If you like drugs I’m sure there’s dealers that take monero. Not encouraging anyone do drugs but people are going to do what they want. Use your monero like you use USD. And then it will “take off”. But if your looking for a moon, get the fuck out and go sign up for TD ameritrade. Then come back here once you convert your stock earnings to monero.

>> No.49573914

>>49568068
Why do Zcash shills always say that XMR is far less private than Zcash or that it's not private at all? Their entire brand is basically built on negging XMR and yet I have never seen a convincing explanation on why Zcash's privacy is superior.

>> No.49574049

>>49573571
By take off I mean either skyrocketing in price due to mssive demand or stabilizing in price and becoming the true stable coin of the crypto space which is used for all real transactions and which everyone cashes out to when other volatile markets fuck everything up.

>> No.49574119

>>49573914
Some people may actually prefer OPTIONAL privacy, which will just lead to the same issues of fungibility bitcoin had I guess. To each their own.

>> No.49574208

>>49572523
Drawn Monero-Chan = Timeless

Cosplay Monero-Chan = More iffy as years go by, and potential for cosplayer to do something afterwards which may change how we feel about the Monero-Chan cosplay she did. ie. IDK, does a Z-cash cosplay.

>> No.49574234

>>49573310
>When will XMR finally take off? Its the only serious project besides ETH. It should be a top 3 crypto at least

for what it's worth, TrueBit is also a serious project

>> No.49574384

>>49574208
>More iffy as years go by, and potential for cosplayer to do something afterwards which may change how we feel about the Monero-Chan cosplay she did. ie. IDK, does a Z-cash cosplay
I understand, we need someone truly into Monero to cosplay as Monero-chan, someone that we trust and that undestands us.
So, are you ready to crossdress anon?

>> No.49574924

>>49574384
>So, are you ready to crossdress anon?
Sorry anon, I don't do Zcash so I'm not a crossdresser.

>> No.49574940

>>49574384
>So, are you ready to crossdress anon?
I'll do it for 100 xmr
I won't look like a woman though

>> No.49575260

>>49574940
How does 0.01 XMR sound for programmer sock feet pics?

>> No.49575503

>>49572733
wownero has a fixed supply already if you care about that

>> No.49575518

>>49574208
>>49574924
>>49574940
Should we ask the thots on >>>/cgl/ ? I heard there are actual g-g-girls(female) there, yes girls on 4chan, hard to believe but it's real.

>> No.49575525

>>49575260
>1.5 USD

kek

>> No.49576035

>buy the dip
>it was a triple dip
I am financially ruined
See ya in 2025

>> No.49576543

>>49576035
You're seeing the rise of Monero right before your eyes and you're complaining about muh usd price? If you're not trading your fiat for crypto right now you will forever remain the goyim.

>> No.49576612

>>49576543
>You're seeing the rise of Monero

Im not seeing shit
Ive gotten paid in XMR, its awesome
But if I hadnt sold Id have lost money even during the bullrun

>> No.49576666
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49576666

>>49576612
>>49576543
Shoulda stuck with the stock market or the casino.

>> No.49576809

"Monero performs well in bear markets"

OHNONONO

>> No.49577202

>>49569414
Begone tranny with your foul coin

Start a separate thread

>> No.49577540

>XMR formed a perfect multi year cup and handle on the chart
Damn if only TA worked
>>49575260
sounds like you're a cheap jew

>> No.49577542

>>49567492
I'm currently downloading the entire monero blockchain on an external hard drive, been 4 days now.... is it normal?

>> No.49577602

>>49577542
yes
Make sure you use the safe sync flag once you're finished you don't want it corrupted unless you want to go through this all over again

>> No.49577624

>>49577542
HDDs are slow but not sure if that slow.
The pruned version is about 42gb the whole thing maybe 120+ however the time consuming thing is the "synchronization" not the download.
It decodes all the blocks and that takes time.
In the next update there is going to be about 40% performance increase for syncing new blocks.

>> No.49577776

>>49576809
For XMR to be doing as shit as BTC the past month or so we would be at <$100.

>> No.49577966

>>49577602
>use the safe sync flag once you're finished
What do you mean "safe sync flag" please? Thank you

>> No.49578147

>>49577966
Okay so once you have the blockchain finished you have to resync it (or leave it running) every time you use it to account for new blocks. The problem is it's easily corrupted if for example you lose power.
The optional flag for monerod '--safe-sync' slows down the sync speed which isn't a problem if you're only syncing new blocks but is when you're downloading the entire thing
https://monerodocs.org/interacting/monerod-reference/
To use it run monerod with the flag '--db-sync-mode safe'
This should protect your precious chain from power outages, crashes etc
I'm not sure how on windows I think maybe you have to add it to the shortcut

>> No.49578288

>>49578147
ok thanks very much, going to do my research

>> No.49578329

>>49567492
7000 XMR sold on Binance in just 15m...
0.04% of total supply

believable ?

>> No.49578439

When I hear the word gems, what comes to my mind is this amazing Syscon. Design the most ambitious, future-proof projects you can imagine without needing to worry about scalability and inordinate fees.

>> No.49578541

>>49578288
Good idea my explanation was pretty shit kek
You do want to use safe sync though
>>49578329
>chinknance
>believable

>> No.49578802
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49578802

Shit's comfy. Never selling, only buying. Easy af.

>> No.49579676

>>49576035
Triple dips are bullish anon

>> No.49580239

>>49573080
Thanks.

>>49575503
LOL I don't really care about shit like that.

>> No.49580816
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>> No.49580912
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>>49573249
Can empathize, anon. Want out of ETH too. I followed the tech into BTC, then ETH while now it isn't there anymore. Buterin is asking investors to wait so long that he has unconsciously driven himself into a longevity obsession that made his body look like typhus. XMR is admirable.

>> No.49581335
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49581335

I'm buying.
Simple as.

>> No.49581481

>>49573310
https://haveno.exchange/
>end of 2022

>> No.49582570
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>> No.49583840
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>> No.49584016

>>49581335
> exit liquidity

>> No.49584197

>>49584016
moonboy detected

>> No.49585289
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>> No.49586263

>>49567492
How can i run a node with pruned chain ?

>> No.49586896
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49586896

>> No.49586961

>>49573571
i'm currently working on a nice wallet app that will make "xmr poker nights" esay for many people

the wallet offers near 0 security but imo suits well for cheap and day to day transactions.

>> No.49587104

>>49586263
run with argument (or in a .conf file including the argument) "--prune-blockchain true" or --prune-"blockchain 1"

Also run "--sync-pruned-blocks true" / "--sync-pruned-blocks 1" which will reduce network transfers when running a pruned chain.

If you already have a chain and want to prune it rather than redownload a reduced set of chain data, see "monero-blockchain-prune-tool". /? or --help for CLI usage.

>> No.49587161

>>49587104
>--prune-"blockchain 1"
"--prune-blockchain 1"

My error. Careful with a copy paste

>> No.49587321

>>49587161
thanks anon

>> No.49587374
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49587374

Bros, bros, I literally got my first whole monero today.

>> No.49587572

>>49587374
Congrats fren, i'm on my way to 0.3 BTC and 10 xmr

>> No.49588007
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49588007

>>49569120
based

>>49569267
i make around 0.004 XMR per day on p2pool mini with my CPU at 60%. just doing it to support the network

>>49572763
no. but in theory they can double spend a few XMR. otherwise minexmr promised they will take so much fees that barely no one would mine on minexmr if the pool is close to 50% hashrate.

>>49572811
i don't think so, but i don't know. you better have a few open orders for such prices in case it happen.

>>49573914
yes, Zchash cucks only rely on criticizing Monero to promote Ztrash

>>49587374
nice, keep going fren

DONT FORGET TO MINE ON P2POOL (MINI)
>DONT FORGET TO MINE ON P2POOL (MINI)
DONT FORGET TO MINE ON P2POOL (MINI)
>DONT FORGET TO MINE ON P2POOL (MINI)

>> No.49588141

>>49587374
>>49587572
>they disclosed

>>49588007
>0.004 XMR per day on p2pool mini with my CPU at 60%
How
I make 0.0002/day, granted I have only four cores on a Haswell, but do you have like a 64 core threadripper or something?

>> No.49588223

>>49571362
>bellybutton piercing
I'm in love

>> No.49588762
File: 57 KB, 827x697, comfy.jpg [View same] [iqdb] [saucenao] [google]
49588762

>>49588141
i have a i7 7600k at 60% power and I forgot i keep a computer on at work. i'm around 3500kh/s constantly.
i have good luck on p2pool mini so far.
I even mined a valid monero block while mining on p2pool mini.
so it gives me around 0.004 XMR per day. more or less 2 shares per day at 0.002 XMR.
on which pool are you mining ?

>> No.49589019

>>49588762
>i'm around 3500kh/s constantly.
2500kh/s here. p2pool mini as well.
It was an exaggeration, I get 0.0002-0.0003 per share and I haven't really calculated an average yet, but I seem to get around 0-3 shares per day, so maybe 2 shares/day sounds like a reasonable average. So let's say around 0.0006/day.

>more or less 2 shares per day at 0.002 XMR.
Are you sure you're not misreading a zero? A couple of days ago I got two shares at ~0.00055 XMR but that's a huge outlier, most are below 0.0003. I find it hard to believe you're getting 10x more payout per share than me, unless I misconfigured something and am totally wasting my hash power?

>> No.49590036
File: 14 KB, 333x221, mini.png [View same] [iqdb] [saucenao] [google]
49590036

>>49589019
yes you are right, i'm a stupid dumbass who gave you wrong numbers while at work. sorry for that fren.
i'm only mining to support the network anyway and maybe buy a VPN subscription in XMR after a while.
also i was mining BTC a long time ago with CPU and was earning basically the same (something like 0.002 or 0.0002 BTC, i don't remember but i was "nothing") per day but stopped because "it wasnt good enough" (worth only a few cents at best at the time). this time i'll mine for years and not stop
anyway, good luck with mining and sorry for the mistake

>> No.49590041

bought @ 138

>> No.49590355

>>49590036
Ohh, 0.0004/day (ish) makes much more sense.
No worries, I'm not in it for the profit either (anyway it's not like 0.004 is a particularly meaningful amount of money, either, I just wanted to make sure I wasn't wasting 90% of my hashing somehow).

>> No.49591147

>>49587374
>Bros, bros, I literally got my first whole monero today.
chad 8)

>> No.49591738

>>49567492
When to buy moonerino? Rn or wait longer?

>> No.49591762
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49591762

BTC is crashing because Wall Street is dumping their bags to save their balance sheets. XMR not being held by Wall Street is what makes the price action independent.

>> No.49592396
File: 2.39 MB, 297x229, 1483144176315.gif [View same] [iqdb] [saucenao] [google]
49592396

Oh, the price has dropped? Haven't been paying attention.....

>> No.49592695
File: 496 KB, 748x1200, 99020104_p0.jpg [View same] [iqdb] [saucenao] [google]
49592695

Reporting in,
fuck Bitcoin.

>> No.49592697

>>49591762
It precipitates. XMR is still down v BTC on the day, but's also pretty well up v BTC since last June. Not terribly much.

Still, BTC is dumping, and XMR has technically dumped harder over last 2 days. We're ALMOST at parity with the last two years (given that's a terrible sample including a bull.

This is binance - so fair to say local or other anonymous avenues aren't still trading higher.

>> No.49592879

>>49592697
Forget this - I botched my chart data something serious

Still in an uptrend c BTC, and correcting back upward where BTC is down worse than XMR.

I don't even know how I messed up so hard on that but whatever. I just got back in out of the sun.

>> No.49592964

>>49590041
bought at 220

>> No.49593593
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49593593

>>49592964
>tfw reduced average buy in to 190 on this dip

>> No.49593984

>>49592964
People will sell their mothers for $220 per XMR in a couple years. Worst thing you can do is panic sell.

>> No.49594680

>>49593984
absolutely true

just set away some spare cash and leave it in xmr

if BTC<xmr ever happens it's going to be the funniest shit ever. Imagine the triggered laser eye retards who never looked two steps further than price action kek

and yes monero doesn't have to necessarily pump for obsolete BTC faggot tech to be left behind and abandoned

>> No.49595776

>>49594680

Faggot tech indeed.

>> No.49596191

>>49572781
If I want to invest real money in this shit, do I need a lawyer or what? Idk how to report the gains and shit and its more confusing how to handle anonymous coins like monero

>> No.49596325
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49596325

>>49596191
>report the gains

You mean losses? Shit happens.

>> No.49596484

>>49596325
Well both.

Like if you buy monero with cash, how is that treated tax wise? Once the money leaves that wallet do you just report it as a trade at whatever the spot price of monero was since nobody can really prove what it was used for?

>> No.49596769
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49596769

>>49596484
What monero?

>> No.49597084

>Self-incriminating by reporting what are your Monero movements
Couldn't be me.

>> No.49597095

>>49596191
>report the gains
means wat?

>> No.49597635

>>49597084
Wouldn’t they be able to tell since you exchanged it?

Unless you mined it all but good luck mining useable amounts

>> No.49597905

>>49597635
>Wouldn’t they be able to tell since you exchanged it?
Not if you buy (or sell) from an exchange that doesn't require verification.
Selling from a KYC could be tricky, since they probably couldn't know if you won money over it (unless you bought and sold on the same exchange, which only makes you extremely dumb).
Moral of the story is: use P2P, go to your local weirdo and buy/sell some Monero to him, he's not gonna bite you.

>> No.49598733
File: 1.27 MB, 2480x3507, nurse_nobg.png [View same] [iqdb] [saucenao] [google]
49598733

>>49593984
>>49594680
The prevailing wisdom in this general has been to only buy XMR if you have a use for it.
I have been because there are a couple places I like to donate where it is preferable. That said, I am sitting on a little stack.
Is buy to hold one of the acceptable uses?
>picrel: remember why we do it

>> No.49599100

Where is the wownero shill?

>> No.49599130

Looking forward to sub 100 prices. What do you guys think of firo (formerly zcash). Apparently their crypto is legit because monero developers have been talking about it wrt to the seraphis upgrade

>> No.49599525
File: 2.92 MB, 480x480, 1647334223456.webm [View same] [iqdb] [saucenao] [google]
49599525

>>49598733
>Is buy to hold one of the acceptable uses?

Store of value is a valid usecase.

>> No.49599645
File: 246 KB, 1920x960, firofud.png [View same] [iqdb] [saucenao] [google]
49599645

>>49599130
FUD related: https://firo.org/guide/privacy-coin-comparison.html

>> No.49599698

>>49599525
It's not a usecase, it's just hoarding. If you are going to drive up the price, at least participate in the monero economy.

>> No.49599821

>>49599645
having a big anonymity set isn't just a brute force way of obtaining better privacy, mind you.
>>49599130
zcoin not zcash

It seems kind of promising but
>total supply 21.4 mil

Also I'm not sure how genuinely useful it will be assuming all of the tech works as advertised.

>> No.49599954

>>49567661
Buying SCRT is what smart investors do. Monero is an old fag and lacks some unique features which SCRT offers. A combination of ETH smart contract and monero's hardcore sounds like a good upgrade IMO.

>> No.49599990
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49599990

>>49599698
>It's not a usecase, it's just hoarding. If you are going to drive up the price, at least participate in the monero economy.


I get paid in XMR, you expect me to spend it all?

>> No.49600195

>>49599698
I do, I just happen to save more than I spend. If I buy 1 XMR, I'm spending like .2 to .35 of it and socking the rest away into a cold wallet.

plus mining
plus a full, open node (onion and clearnet)

It's really easy to justify hanging onto a money that actually means something to me.

>> No.49600200
File: 2.07 MB, 244x180, b3b.gif [View same] [iqdb] [saucenao] [google]
49600200

>>49599821
My biggest concern about firo is that they have some staking system called "masternodes", and the users are very "moonboy-ish". I have an account on their forum, I can ask them any questions you guys might have.

The other month I asked them why they used Merkle-Tree Proofs over RandomX, turns out they tried to make it CPU-limited but failed. I think firo could really benefit from stealing monero's features and vice-versa.

We'll see about this whole anonset thing after the propsed 128-ringsize seraphis thing. but it seems that chainalysis has put together a poisoned output thingy. https://www.ibtimes.com/private-coin-monero-can-now-be-tracked-us-homeland-security-3037794

Should be pretty easy to defeat tho. just churn a couple times and give the outputs to someone else, like send it to a crypto-crypto exchange and back, or do an atomic swap. I wonder if we could implement monero-monero atomic swaps. that could really fool these poisoned outputs

>> No.49600355

>>49600200
You don't even need to churn if you use a subaddress.

>> No.49600445

>>49600355
You do need to churn if they've poisoned the output.

>> No.49600508

>>49600355
well, you don't need to, but it will have some impact on anonymity one way or the other

>> No.49601186
File: 139 KB, 420x420, 1654959681077.jpg [View same] [iqdb] [saucenao] [google]
49601186

7kH/s added to p2pool. Unmetered electricity.

>> No.49601617

>>49599645
>zcash
>2^32
lmao no
zcash's opt-in shielding means your anonimity set is limited by the actual amount of shielded transactions going around

>> No.49601762

>>49600200
>I think firo could really benefit from stealing monero's features and vice-versa.
To an extent they do, but it would not be a strength for both networks to imitate each other.

Still, Firo's team does at least take privacy seriously enough that there is value in being aware of what is going on over there.

I think I agree, Firo's community is probably wrong headed - but at least for the sake of network integrity, a committed community is a good thing. These sort of networks don't just go places because they're 'good'. Privacy is certainly a thing, and a certain market looks for it, but within Firo's own community they've had problems with pool hashrate consolidation, which provoked a slashing of block rewards to miners. Community running masternodes may be 'moonboys' but that's the nature of venture capital. The notion you will get out significantly more than you put in. Which means many of these node operators are running at a loss.

Look at XMR. A lot of us a running public nodes, or mining in the negative, but it supports the network. We're actively trying to split up hashrate, and a contributor up and built p2pool to help solve hashrate consolidation and secure the network. I don't recall if that fine fellow took donations upfront, but even if that were the case, contributors were self sacrificing in the believe that a more secure network would be more valuable than the XMR they contributed as incentive.

But I'm rambling. I like what I see out of Firo's team. I think some of the network restructuring to provide a quadratic funding commity incentive pool will be helpful. It's absolutely a different take from XMR. It may not be better, and certainly not as private (default, but optional), but it is different, where there are few viable legitimate cryptocurrencies. Firo may not even be on that list, but at least it is seriously regarded. So I may or may not have stake in a firo masternode. I just like the coin

>> No.49602770
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49602770

>> No.49603581
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49603581

>> No.49603739

>>49602770
fit monerochan grilling you chicken breast with her tits out

how do we make it happen

>> No.49603841
File: 368 KB, 1600x900, cover5.jpg [View same] [iqdb] [saucenao] [google]
49603841

>>49601762
>I don't recall if that fine fellow took donations upfront

Nah he pretty much just spent his vacation days developing it, released it, went on monerotalk to talk about it and all he has is a donation address on the observer websites. actual chad.

>> No.49604319
File: 1.09 MB, 2453x3209, wownerochan.png [View same] [iqdb] [saucenao] [google]
49604319

>WOW is under 5 cents
boughted.

>> No.49604520
File: 58 KB, 1024x998, 1650167840467.jpg [View same] [iqdb] [saucenao] [google]
49604520

I don't like the current economic scenario bros

The insane amount of printed money in the last few years
A war that is going to make the whole Europe poorer, including the UK
Europe being ass raped because of sanctions backfiring
Europe being ass raped again because famine will bring millions of Africans refugees
Europe being ass raped again because (((climate change))) will bring millions of Africans refugees
Rates going up will cause a crash of catastrophic proportions
Rates not going up will cause inflation of catastrophic proportions
The United States on the verge of social collapse

I really feel like we're reaching the end game
I believe silver to be the most manipulated and probably most shorted PM in the world
I believe monero the be the most shorted crypto in the world
The only reason I won't go full retard on both assets is because I'm conservative with money and I can't sleep well if I don't have 12 months of average costs (+buffer) in my bank account
But I don't feel much confidence in fiat, so all excess will be promptly transformed into sound money

>> No.49604822

>>49604520
eh, they don't even need to short monero, realise how little people have been talking about future utility instead of smellycoin#273's recent pump?

Attention spans being ruined means that their media outlets can suppress actual open interest in disruptive tech much longer

>> No.49605108

>>49603581
ooo Tron monero chan?

>> No.49605201

>>49603739
Submit your idea to the art fund guy

>> No.49605873

>>49601186
sirs pls to help on p2pool mini sir,. will very good sir much help !

>> No.49605874
File: 32 KB, 474x290, 1644616111748.jpg [View same] [iqdb] [saucenao] [google]
49605874

>>49598733
>Is buy to hold one of the acceptable uses?
Absolutely! Don't listen to faggots like >>49599698
Do you know why he believes it's "hoarding"? Because he's a brainwashed zoomer who only lives in the moment and is not capable of preparing for or even thinking about the future
He's the kind of person that if there's $100,000 sitting in his bank account, he will rush to spend it as fast as possible, because otherwise it would be "hoarding" dollars!
It's funny because many people are actually like that, you hear every now and then how millionaire lottery winners become poor again in less than a year...
If you have extra dollars, you absolutely can buy an asset like monero and hold it because you believe it will preserve your wealth better than dollars. It's not "hoarding", it's preserving your wealth, which usually is fruit of your labour, so that it won't be devalued by retard monetary policies in the future
Very valid use case, don't listen to faggots saying otherwise

>> No.49606030

>>49605874
>He's the kind of person that if there's $100,000 sitting in his bank account, he will rush to spend it as fast as possible, because otherwise it would be "hoarding" dollars!
To be fair accumulating $100,000 dollars isn't gonna make even a tiny dent in the overall dollar economy. That having been said, on a mass scale people switching to predominantly saving and reducing spending is indeed detrimental to the economy, and at a macro level you do in fact want people to spend as much of their income as possible. Spending is what stimulates the most economic activity and drives the growth that underpins much of capitalism.

Monero - and crypto in general - is so incredibly tiny compared to the fiat economy that those macro effects manifest not on a population level, but on a community level. Fiat spending vs. saving is basically determined either by years-long propaganda campaigns to change public opinion, or monetary policy that forces ("encourages") some specific behaviour. In crypto, you can effect a change essentially just through memeing it in.

>> No.49606413
File: 1.83 MB, 390x158, 1652954381493.gif [View same] [iqdb] [saucenao] [google]
49606413

>>49606030
You can encourage people to spend monero if you want, this is what this community does in general, I have no problems with that
You can't say that saving monero to use it in the future is not a valid use case
Very simple

>and at a macro level you do in fact want people to spend as much of their income as possible.
Can't be me, I'm not attracted to material shit, I will keep saving as much of my income as possible until I can buy a nice home for my kids, and once that's bought I will keep saving again for the future
>you WILL spend your income
>you WILL NOT save your money
>you WILL buy the new product
>you WILL consume shit you don't need
Listen I get you, I understand what you're saying, I just won't tell anyone that they can't save monero for the future, or try to shame them saying that they are "hoarding"

>> No.49606500

>>49606413
Oh yeah I don't really disagree. Individually, it's always better to save. Fiat, Monero, whatever - spending drives the economy but for YOU, it's much better if others spend, and in the meantime you save and then get to enjoy the newly improved economy with a fat stack in the bank while everyone else is in debt.
So yeah basically we're agreeing.

>> No.49606943
File: 482 KB, 967x925, D5322F53-FCF6-43F0-A327-BB1CA62C95DC.jpg [View same] [iqdb] [saucenao] [google]
49606943

Fuck! It’s floating around 140$ I gotta slurp guys. But I’m hungry. I want a large quantity! I’m seeing it drop dollars upon dollars by the minute! What do? Slurp now? Or wait till it tanks harder?

>> No.49607243

>>49606943
Slurped 1 whole BTC and ??? XMR today. Hope this is the bottom, taking a lot of chances buying right now.

>> No.49607721

>>49607243
i don't know dude, i'm pretty sure this is bottomLESS, xmr will be fine, probably drop under 100 for a while

>> No.49607756
File: 401 KB, 1242x1511, 01AACC6D-AB84-4919-8505-E41FF1FB8C3B.jpg [View same] [iqdb] [saucenao] [google]
49607756

>>49607243
Meh. I wouldn’t be too worried. Ya got that monero at a bargain. Just slurp more if it goes down to 40$. Believe or not it wasn’t that long ago and it was about 40$. Pic related. January 25 2019. Don’t think it can bottom like this again? Think again. Have your bib, dinner plate fork and knife ready then. And don’t you dare think for a minute about mooning. It’s fluctuating and “stabilizing” it’s way into become the new digital cash that will keep the globalist fuck wad klaus Schwab niggers in check.

>> No.49608316
File: 266 KB, 344x389, F5C09AAD-5A63-4A43-AEF0-62A918301949.png [View same] [iqdb] [saucenao] [google]
49608316

Fuck. Having more tech difficulties guys. I have switched from using GUI to CLI. I’m starting to like CLI better. Had to move my wallet .key file around a bit. Because it kept giving me an “error” key not found. Finally got it to work I loved .key into same directory as CLI. But now every time I open it says “key file found but not wallet file regenerating” then it scans entire blockchain to find all my wallets and subaddresses. Am I literally regenerating it every time from my hardware wallet? BTW, I’ve never regenerated a wallet from seed before. Is this exactly how it works? It scans thru block chain and goes “height xxxxx txid <wallet key> (balance)” to your primary first then digs up all your subaddresses? Damn I was always worrying about subaddresses I was wondering if you need to find seed phrase for all those too.

>> No.49608508

at least we're getting rich, right lads?

>> No.49608686

>>49577624
>>49587104
can I mine p2pool mini with a pruned chain using the official gui wallet

>> No.49608691
File: 800 KB, 1015x800, hiss.png [View same] [iqdb] [saucenao] [google]
49608691

>> No.49608758
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49608758

Ah fuck! Monero CLI won’t show my subaddresses! Any time I ask it to show all it only displays primary. I know that I got a few others. Wtf!? When it scanned blockchain it showed transaction ID and amount transacted but the wallets are gone? What did I fuck up?

>> No.49609053

>>49608758
why don't you create a new address?
you think you created some in the past, maybe you didn't bc you were dreaming

>> No.49609253
File: 3.45 MB, 452x344, save.gif [View same] [iqdb] [saucenao] [google]
49609253

just grabbed a couple more, literally dont care if its a falling knife

>> No.49609280
File: 468 KB, 970x717, file.png [View same] [iqdb] [saucenao] [google]
49609280

>capitulation finally on the horizon
bout to buy X.XXk xmr as soon as this reaches 120 usd bros. been waiting forever to do this. i'm so excited

>> No.49609315

>>49609053
Uhh no. I created them on GUI and they had balance on them! WTF!

>> No.49609461

>>49609315
you mean other accounts? not address
are you semi retarded?

>> No.49609472

>>49609315
that's not how it works, stupid bastard

>> No.49609597

>>49609461
Eat shit.
>>49609472
Lick muh balls

>> No.49609617

>>49609597
go take 2 minutes and learn wtf you're doing, stupid bastard

>> No.49609622

>>49609597
Imagine being filtered by the easiest crypto to use. Damn.

>> No.49609654

I’m in my monero CLI and the subaddresses just won’t scan. Fuck I dunno how this works? Do subaddresses come with the wallet in the becginning and when you click “generate new subaddresses” your just opening what already comes with the wallet? So all I do is click “make new subaddresses” and the ones I filled with monero will pop up?

>> No.49609697

>>49609622
Guzzle my cum

>> No.49609731

>>49609654
all sub-addresses are associated with your private key and all incoming funds received on different addresses are lumped together. they're just for unique receiving transactions. if you're not seeing all your funds, they're associated with a different private key

>> No.49609796

>>49609731
But they were all generated under the exact same private key. In the GUI wallet. They couldn’t be associated with another account. My other accounts are all on completely different devices.

>> No.49609891

>>49609796
i assume you've already checked your transaction history to rule out a compromised key? there has to be something you're overlooking. you're positive it was all under that key?

>> No.49610025

>>49609796
How are you possibly making things this fucking complex for yourself

If the address start with a "4" It's your wallets main address, you only get the one.

If the address starts with an "8" it's a subaddress, they "already exist" in the same capacity that the sum of 2+2 "already exists", you just tell your computer to run the calculation and it does it. Yes, it will generate the same subaddresses if you try generating them from the same main address on multiple wallet clients.

subaddresses and main addresses all funnel monero to the same wallet, It's like using two different hoses to fill the same bucket, your subaddress isn't some separate pocket dimension within your monero wallet, it's just your main receive address wearing a disguise.

>> No.49610239

>>49606500
to be fair, what you're saying about saving vs spending is literally a economic debate, some economists believe you need a surplus of savings to build a sustainable economy, you are less likely to have quite as dramatic boom bust cycles in that economy. Though with the way our dollar works right now, and how strung out America is on debt, it makes saving (on a macro scale) look like nothing but a hindrance on the economy.

>> No.49610831

Okay, now that all the coins are down it seems like the perfect time for me to join the crypto gang.
How do I get started?

Is coinmarketcap any good? where do you trade? anything i have to look out for?

I take any advice.

>> No.49611025

>>49610831
learn everything you can about blockchain tech, how it works and why its properties are attractive. then research the top 10 projects and see what they're trying to do and what social/economic issues they aim to address and the problems in their way. this will give you a decent starting point. don't take financial pointers from anyone until you do these things

>> No.49611169

>>49611025
Will do, mind telling me what portal you use to trades with?

>> No.49611356

>>49611169
op has some recommendations. this is for monero specifically though. you'll have more options for others

>> No.49611523
File: 139 KB, 747x788, 1653395326758.png [View same] [iqdb] [saucenao] [google]
49611523

>>49610831
Listen, are you serious about this? If I send you a one hour video, are you going to say "omggg broo just give me a 5 minutes video explaining me everything fr no cap" or are you going to watch it?
You should watch the Monero Means Money documentary, available on this link: https://moneromeans.money/
If you enjoy what this man has to say, you can find other two videos from him called Monero: Sound Money, Safe Mode and Behavioral Finance, Cryptocurrency Markets respectively. Just type these titles on YouTube and you will be good to go

>Is coinmarketcap any good?
If you want to see the current valuation and market cap of what makes up the cryptocurrency industry at large, sure

>where do you trade?
Kraken is a good platform. I think it's the only OG exchange that has never been hacked. If you want to venture on more bizarre cryptocurrencies you might want to create an account on Binance

>anything i have to look out for?
Scams, which makes up 99% of this industry (not an exaggeration)

>> No.49611917

>>49611523
i will look it up, thanks

>> No.49613196
File: 2.46 MB, 1920x1080, Monero-chan Rocket Ship DOOMPA Crash Landing.webm [View same] [iqdb] [saucenao] [google]
49613196

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.49613343
File: 529 KB, 927x925, pinkpeepee.png [View same] [iqdb] [saucenao] [google]
49613343

Monerochads, how we feeling today

>> No.49613400
File: 441 KB, 2432x2352, Monero-chan Lolinero Pegging Pink Wojak.png [View same] [iqdb] [saucenao] [google]
49613400

>>49613343

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.49613464

>>49613343
As a holder of exactly 0 xmr im feeling pretty good. Thinking about scooping up some of this coin soon

>> No.49613587
File: 96 KB, 386x342, 16341253238.png [View same] [iqdb] [saucenao] [google]
49613587

I really hope this hits 80 or even lower so i can SLURP

>> No.49613981
File: 166 KB, 1280x640, 1641242776579.jpg [View same] [iqdb] [saucenao] [google]
49613981

>>49613343
Feeling quite good to be honest. Fundamentals remain solid
I'm very pragmatic and clearly an ideologue, so of course I'm only speaking for myself. I care about sound money. I can't help but imagine the people who are clicking the SELL button. Thinking "oh shit I need these dOlLaRs right now". In my mind it's all a bunch of literal retards who bought monero trying to get more fiat out of it. And because they're retards they NEED to sell right now, today, at a loss, to get fiat in their hands for who knows what reason, because they can't make more fiat I guess. Stupid motherfuckers if you ask me. Literal subhumans without any financial education putting money that they might need urgently in an asset like Monero. Can you imagine their fucking brains? The synapses? "oh noooo this is going to zero bros!!!! nothing changed but now it's going to zeroo0000ooo"
Fortunately this is my fourth crypto crash and I've learned the lesson to ALWAYS have dry powder to buy in times like this, which I did, but I'm smart enough to not use all of it because I know it might go lower and lower. Always have dry powder. Always take the chance to acquire cheap assets because of literal retards who 'suddenly' need to sell to get their hands on fiat. On fucking fiat, lmao

>>49613587
This man understands
It's been a couple of years since I've last calculated my crypto portfolio in fiat. Once you've been here long enough you notice that it's not THAT important

>> No.49614239

>>49609280
soon

>> No.49614510

>>49613400
me on the left

>> No.49614583

What do xmr holders this of bat?

>> No.49614610

>>49613343

>>49613981
This

The more I learn about some of these projects the more enthusiastic I had the wherewithal to keep paying attention and opportunity to dive into this stuff low in a bear. Sure, probably going to be more than a year of continued down trend or crabbing. Maybe worse.

But that just means months of DCA when everyone else is sleeping.
No more FOMO. No more Fud. Just fundamentals.

>> No.49614887
File: 49 KB, 700x431, tru.jpg [View same] [iqdb] [saucenao] [google]
49614887

>>49613343
I'm scared of losing my job (home construction) and being forced to liquidate my assets, but I will live in a tent on the street before I sell any XMR. Fuck the government, fuck central banks, and fuck the WEF. Rest in peace John McAfee.

>> No.49615012
File: 1.28 MB, 768x768, 1654172610998.png [View same] [iqdb] [saucenao] [google]
49615012

At this point I unironically wish I had more fiat. I'm so deep into crypto that I have very little funds left to buy more. If Bitcoin dips below $15,000 I'll sell my fucking Rolex and buy as much shit as I can. Hopefully Coinbase goes bankrupt and collapses us even further, I want maximum pain for maximum opportunity.

>> No.49615024

>>49614887
typical day in monero land

miners and early investors dumping on plebs

>> No.49615177

>>49613400
tfw ywnb pegged by monero chan

>> No.49615227

>>49613343
wishing I had an extra $120 to snag a cheap XMR. But if things continue they'll be even cheaper or at least stay the same until I get paid. Until then I'm comfy with my current stack. Sell is the last thing I want to do.

>> No.49615368

>>49610831
>Is coinmarketcap any good?
Filled to the ass with ads, I use coingeck nowadays
>Where do you trade?
Binance or kraken. I left binance because they locked me out unless I go buy a smartpone
Tradeoger is good as a non-nonsense crypto to crypto exchange (i.e. no fiat, you have to get some BTC or whatever somewhere else first then go trade on tradeogre)

>> No.49615429

>>49614887
Based.

>> No.49615508

fucking zoomer retards should be investing in silver if you want an untaxable untraceble asset not this jew coin disguised as not a jew coin. enjoy the ride down fucking tards.

>> No.49615764

>>49615508
Why not both?

>> No.49615851

monerochads what's happening? it looks like the stock market and everything is crashing
are we gonna eat the bugs?
hug me

>> No.49615953

>>49613400
Her strapon needs to be way bigger and red.

>> No.49615961

>>49615764
what part of jew coin disguised as not a jew coin do you not understand? fucking zoomer retards please die

>> No.49615975

>>49614583
Interesting, and good idea completely cocked up by a garbage chain and playing it legit with KYC (taxes).

If there were someway to trade/exchange this trash with the scraps anyone gets from rewards without burning it all on gas it might be novel - butt there's simply no margin to do ANYTHING with bat. Price goes down because no one can sell. It sits in wallets where no one can afford to bring their pocket change to market. Brave can't buy anything but a pittance to fund rewards because liquidity isn't there. The few chuckle fucks that KYC don't care and just sell at any price.

Price keeps going down, and rewards keep going down. Making it all the less practical to actually do anything with it but lose more money than it is worth on gas, locking up even more BAT in black hole wallets (mine).

I want BAT to succeed, but Brave fucked it with a short sighted execution on the worst chain. Unless they they bite the bullet and just centralize their own chain, migrating all BAT to said chain, or else rebuild in some sort of contrived reward system that circumvents KYC (tax) requirements (like mining) then it's as good as dead to me. Too much trouble to exit for no particular reward.

>> No.49616205
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49616205

>>49615508
>>49615961

>> No.49616215
File: 1.53 MB, 1150x4384, 1635487596749.png [View same] [iqdb] [saucenao] [google]
49616215

>>49615961
>what part of jew coin disguised as not a jew coin do you not understand?
Imagine not knowing that monero is actually a fork of bitmonero which is a fork of bytecoin which was a eastern european scam organized by oligarchs who funded the brightest cryptographers in russia to come up with cryptonote which uses sound, vetted cryptography
LMAO NGMI SON
LURK MOAR

>> No.49616352

>>49616215
imagine not knowing that the mere fact that your "asset" is digital fundamentally makes it jewish. fucking zoomer. enjoy the ride down. i will be laughing at you the whole way.

>> No.49616502
File: 128 KB, 750x569, 1627892336620.jpg [View same] [iqdb] [saucenao] [google]
49616502

>>49616352
>be you
>using the internet
>a digital protocol
>have a smartphone
>a digital device
>using digital tools
>falling for the jewish scam
>literally a zion pawn
sucks to be you bro

>> No.49616598
File: 99 KB, 341x229, file.png [View same] [iqdb] [saucenao] [google]
49616598

>>49614239

>> No.49616741

>>49616502
>be you
>retarded zoomer who only knows a world of internet and nothing before
>thinks the future of free finance will be constructed on a system that fundamentally spies on you and everyone 24/7

enjoy the ride down retard while i hold my actual untraceble and untaxable asset lol

>> No.49616890

>>49615851
>monerochads what's happening? it looks like the stock market and everything is crashing
who cares, i only own cash and xmr, and this crash means i get to buy more cheap xmr

>> No.49617041
File: 44 KB, 750x600, 1641553960131.jpg [View same] [iqdb] [saucenao] [google]
49617041

>>49616741
>on a system that fundamentally spies on you and everyone 24/7
Imagine being so clueless that you're posting this on a Monero thread
I'm willing to bet my 20 Reichsmark 5 Silver coins that I'm older than you

>> No.49617205

>>49617041
wow a whole 20 reichmarks and 5oz holy shit high roller lolololololololololololololololol

instead of putting your cash in fundamental jewish digital currency you should have been buying more coins. oh well. maybe next generation kid.

>> No.49617253

>>49617205
oh yes because all my silver stack is in reichmarks
good lord some people really are subhumans

>> No.49617360

>>49617253
post stack faggot. i know you won't lol

>> No.49617409
File: 730 KB, 1000x663, Monero Vice (1).jpg [View same] [iqdb] [saucenao] [google]
49617409

https://www.youtube.com/watch?v=B-8EORB783c

>> No.49617625
File: 236 KB, 1191x790, 1642107541972.jpg [View same] [iqdb] [saucenao] [google]
49617625

>>49617360
you think you're worth of me getting all my fucking stack and taking a photo? TO PROVE TO A FUCKING SUBHUMAN that I have silver?
oh please I'm already being friendly enough giving you a little bit of my attention tonight because I have the day off tomorrow. you should be feeling special
go learn what monero is and does before coming here saying absolutely mongol things like this >>49616741

>> No.49617734

>>49617625
lol faggot hahahahaha

post your 20 reichmarks and 5oz then

let's go faggot i know you won't

>> No.49617833

>>49617205
>putting other people down for not having as much silver as you
>they are trying to better themselves by saving up precious metals and other assets
you are truly a fucking faggot

>> No.49617899

>>49616352
>jewish

Rent free

>> No.49617937
File: 80 KB, 600x536, 1626384710817.jpg [View same] [iqdb] [saucenao] [google]
49617937

>>49617734
lol I'm not moving away from my chair for you
I'm definitely not going to go get my reichmarks to show off on 4chan
lmao
what a fucking loser

>> No.49618017

>>49617833
he's a lying little faggot who is lying and holds no silver. follow the conversation you fucking retarded zoomer.

see here like i said
>>49617937

>> No.49618038
File: 13 KB, 484x169, indie.png [View same] [iqdb] [saucenao] [google]
49618038

>>49615508
>hes not diversifying his portfolio
oof. No one wants ur shitty american eagles boomer

>> No.49618133
File: 542 KB, 1200x800, Monero Vice (2).jpg [View same] [iqdb] [saucenao] [google]
49618133

https://www.youtube.com/watch?v=D1zW5FFwxOo

>> No.49618150
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49618150

>>49618017
>if you don't post a photo RIGHT NOW on 4channel.org then you're LYING!!!!!!11!!

>> No.49618163

>>49618017
>follow the conversation
no, I've seen more than enough to know you are an antagonizing cunt. Get the fuck out of my comfy thread and go be a pissy dickhead elsewhere.

>> No.49618352

>>49618163
your autism is acting up you anime faggot. buying digital assets inherently props up jewish scams. you are a retarded zoomer and i will be fucking up all your threads from now on to make sure people are buying precious metals instead of this retarded zoomer shit.

>> No.49618533
File: 197 KB, 1559x803, pepe sanctum.png [View same] [iqdb] [saucenao] [google]
49618533

>>49618352
I already own silver you fucking poindexter bitch, this is a MONERO thread for a reason, there is a PRECIOUS METALS thread for a reason. Fuck off, stop glowing.

>> No.49618548

>>49618352
Just bought another XMR because of your niggardly posts, kek

>> No.49618619
File: 90 KB, 1280x720, 1645276342118.jpg [View same] [iqdb] [saucenao] [google]
49618619

>>49618150
Bro I know how this feels.
I tell people all the time on 4channel.org
Bro, I have the thing and do the thing
And they never believe it.....
But bro, I know the truth bro.

>> No.49618643

>>49618533
>he promotes digital currency
>says others are glowing
i'm glad retarded cringe anime fags are gonna lose their funds on this shit. makes me smile.

>> No.49618698

>>49618643
You're on a digital website nigger

>> No.49618725

>>49618643
Get with the times, grandpa

>> No.49618790

>>49618698
i don't even know how to respond to this retardation lol...average monero holder right here lol

>> No.49618901

>>49618790
You do know you just spelled "retardation", right?

>> No.49619058

>>49618901
ya i have the intelligence to invent new words that most everyone can understand the meaning. keep up zoomer retard.

>> No.49619330
File: 208 KB, 696x1002, 7689346266.png [View same] [iqdb] [saucenao] [google]
49619330

brb mailing silver coins to my darknet cocaine dealer

>> No.49619441

>>49619330
awesome, using monero to engage in fundamentally jewish degenerate activities. fantastic work digital currency fags

>> No.49619514
File: 1.82 MB, 5003x3934, monero pancakes.jpg [View same] [iqdb] [saucenao] [google]
49619514

>>49613343
I just like the coin and my cute wife

>> No.49619519
File: 1.35 MB, 2100x1028, BusinessOrPleasure.png [View same] [iqdb] [saucenao] [google]
49619519

>>49619441

Mazel Tov

>> No.49619660

>>49619058
You realize you just said "Zoomer" right?

>> No.49620804
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49620804

>> No.49621877
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49621877

>> No.49622230

My first bear.
Feeling pretty bad lads.
Not sure if buy some more or wait, probably won't be able to dca for a while.

>> No.49622657
File: 99 KB, 511x646, pickets.jpg [View same] [iqdb] [saucenao] [google]
49622657

>>49622230
The crypto winter is maximum opportunity because everyone is so battered and defeated that you can buy all kinds of crypto, stocks, etc. at irrationally low prices.

>> No.49622872

How low did Monero go historically in bear markets? Been wanting to get a stack since the bull run started.

>> No.49622959

>>49622872
Last bear market we wicked down to $30. Although I doubt we will get close to that this time around.

>> No.49623172

>>49615508
It's literally sales taxed when you buy it though
t. yuropoor
Also just bought more Monero

>> No.49623738

>>49622657
Problem is this winter might be nuclear

>> No.49625321
File: 298 KB, 1700x958, 87949632761.jpg [View same] [iqdb] [saucenao] [google]
49625321

Is it now time for fundamentals in the market? I think yes.

>> No.49625434
File: 706 KB, 1242x992, DA892B2D-F30B-42FD-B90D-35800EC55072.jpg [View same] [iqdb] [saucenao] [google]
49625434

>>49609891
When the CLI wallet scans it shows the transaction ID’s and the balance of those. It just wont show subaddresses. And when I type “show_all” it only shows my primary. Are the other anons telling me, that to see them, I must type “generate new address” or whatever command is for that to be able to see these subaddresses again?
Yes I’m 90 IQ. What are ya gonna do about it faggots?

>> No.49626282

>>49625434
Do you have any funds in those subadresses?
In the GUI wallet if you restore your wallet it won't show them unless you have at least some money in it.
Try send 0.000001 in it or something.

>> No.49626337

>>49626282
I got funds in them yes. I’m in CLI now. Used to use GUI. From some research I’ve done if you restore a wallet, it will only show your primary. Then. Just like you did in the beginning you click “new subaddress” or in CLI in my case”new address” and it will deterministically generate the same subaddresses in the same order every single time. And my balance on the one right under my primary will be their too?

>> No.49626399

https://datamish.com/xmrusd/90d
7400 XMR sold short
only 1300 XMR are longed

It's a good time to be buying spot, short sellers are handing out discounted monero that they borrowed

>> No.49626442

>>49626399
250000 XMR were market sold in just 3 days on binance.
They are scamming us to get cheap monero and sustain their mafia.

>> No.49626465

>>49569120
based

>> No.49626560

>>49626337
If you have funds in them then I don't know what's happening.
Some other anon might know more or IRC or some other channel with monero devs could help.

>> No.49626642
File: 366 KB, 2048x1809, FUkgINVWIAIr2Qs.jpg [View same] [iqdb] [saucenao] [google]
49626642

>>49626442
>250000 XMR were market sold in just 3 days on binance
Suspicious even for a bear market.

>> No.49626646

>>49626560
Ok. I scanned blockchain with wallet when it finished it showed Untagged accounts: and displayed the first 4 digits of my primary and all it’s subaddresses with balance. Problem is. It only shows first four digits. And when I type “address all” it only displays primary.. hmmm. I’m just trying to get my CLI to list every single subaddress in full and balance. Do I have to “address new” and it will just restore the subaddresses I made in order before I restored wallet?

>> No.49626699
File: 127 KB, 1143x601, Kiked.png [View same] [iqdb] [saucenao] [google]
49626699

>>49626642
Just normal operation @ FTX kiked center
meanwhile is trying to MM higher DOT, SOL, ADA.
All jews are scammers.

>> No.49626876

c u again at 800 bros

>> No.49626914

how long will it keep bleeding sats
looking for a good entry point

>> No.49627460

>>49616215
Just tapping in to mention that Monero is not a fork of BitMonero, BitMonero was just the earlier name for Monero. (with the namechange the ticker also changed from BMR to XMR) And as to ByteCoin, there is not much known, other than the crippled miner, the premine, and the fact that we don't know who made it. Also ByteCoin was the first implementation of the CryptoNote whitepaper. And Monero's cryptography is not only from one source but it is indeed well-tested and sound and has been around for quite a while.

>> No.49627848

>>49626914
we're in a bear market, bro. timing market is impossible anyway. you should dca if you want to buy in.

>> No.49628256

>>49615961
>yes goy buy my jew metals disguised as not jew metals

>> No.49628281

"Monero performs best in a bear market!"

You delusional fucking retards LMFAO

>> No.49628314

>>49618017
Show me the post where you posted a photo of YOUR stack, you lying kike

>> No.49628630

>>49599100
Slurping on milky udders

>> No.49629069

>>49626699
Go back to pol chud, we dont need ur mental illness here

>> No.49629394

>>49629069
sam is it you ?
i have i nice surprise coming @ your desk
>>49629010

>> No.49630249
File: 213 KB, 512x512, moneros.png [View same] [iqdb] [saucenao] [google]
49630249

LMAO

"MONEROS"

LIKE AMOGUS

HAHAHAHAHAHAHAHAHAAHA

>> No.49630368
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49630368

>> No.49631530

Kek

>> No.49631943
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49631943

>>49628281
It's holding up better than zcash.

>> No.49632090

when are you guys going to buy back in? im thinking when we hit $40 or so

>> No.49632091
File: 46 KB, 688x543, 1_JEqsAQnGJAFFnMX-SWGmwQ.png [View same] [iqdb] [saucenao] [google]
49632091

>>49567661
>>49568068
sorry but private chain is superior

>> No.49633014
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49633014

>>49632091
>sorry but private chain is superior

What's that? Sorry, can't hear you over the sound of the darknet going Monero-ONLY.

>> No.49633100

>>49633014
rome wasnt built in a day

>> No.49633193
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49633193

>>49633100

lol and in the meantime Monero keeps upgrading. Token not needed.

>> No.49633539
File: 43 KB, 200x181, marseyseethe.png [View same] [iqdb] [saucenao] [google]
49633539

>>49632091

>> No.49633593

>>49632090
For me it’s 55$ mid 2023

>> No.49633694
File: 181 KB, 648x765, arrrfud.jpg [View same] [iqdb] [saucenao] [google]
49633694

>>49632091

>> No.49633812

Hey monerochuds, haveno has got a nice surprise for you. Go check their latest telegram post.
Hint: the recent price action has had some unfortunate consequences

>> No.49633900

>>49633812
>Go check their latest telegram post.
screenshot? I'm not going to register my phone number with facebook

>> No.49633946
File: 119 KB, 828x822, 1639786234101.jpg [View same] [iqdb] [saucenao] [google]
49633946

>>49633812
This whole situation seems like a big joke.
>Oh yeah, we're just gonna hope the price doesn't drop in an extremely volatile market where everybody knows the price is going to drop. Number go up forever lmao!
I mean, just agree to pay the developers in XMR regardless of USD price. I had assumed that's what they did in the first place, but I guess they're literal retards.

Link to blogpost:
https://haveno.exchange/blog/development-ui-suspended/

>> No.49634514

tell me about Monero, why does he wear the mask?

>> No.49634637

>>49633946
Why not just raise more XMR to cover the cost?

>> No.49634965

>>49634637
That would look pretty bad. And what if it drops more? It will, btw. This is just so shortsighted.
Maybe Haveno had some reason why they couldn't pay the developers in XMR instead of fiat. I'm kind of hoping that's the case.

>> No.49635235

>>49634965
Who cares how it looks if the developers are under contract? Once Haveno gets released it'll be worth it.

>> No.49635390

>>49632090
>>49633593
Posts like this make me think the bottom is in.

>> No.49635542
File: 55 KB, 804x784, nico-pout-cropped.jpg [View same] [iqdb] [saucenao] [google]
49635542

>>49635235
Sure, they might ask people to donate more XMR, but I doubt they'll receive any significant amount because it looks like they're running a clownshow. This coupled with the code of conduct and talks of listing ZEC has probably rubbed people the wrong way.

>> No.49635793

4 chan has gone to shite since asian moot took over, but maybe it's the globo homo.
I hope we will meet again my true friends.

>> No.49635836 [DELETED] 

>https://www.monerochan.art/
You boys ready for some crabbin?!

>> No.49635917
File: 2.97 MB, 2000x2800, zen_crabnerochan.jpg [View same] [iqdb] [saucenao] [google]
49635917

>https://www.monerochan.art/
You boys ready for some crabbin?!

>> No.49636080
File: 118 KB, 852x944, 1654893725806.png [View same] [iqdb] [saucenao] [google]
49636080

>>49635917
Yep. Ready to mine and accumulate and work on my ecommerce website. I think I'm gonna write a book and sell copies of it for XMR.

>> No.49636119

>>49635917
If it cabs around 120 for a while I wouldn't complain as I can DCA whole coins at a time in this range.

>> No.49636776
File: 315 KB, 1158x1216, 9c0b07d49200f3271682aca0a5862c0a4041d740527722fc6e632e5e754756ea.png [View same] [iqdb] [saucenao] [google]
49636776

>>49635917
always has been. Spend my monero last week for the first time, works great. Also preparing to move my PC to my current location so I can finally host a node and start mining.

>> No.49637056
File: 469 KB, 1092x1200, 1635558191097.png [View same] [iqdb] [saucenao] [google]
49637056

>>49635917
kani?
kani!

>> No.49637122

>>49633946

The Haveno arc has been hilarious. Imagine paying trannies to do “frontend work” instead of just using bisq then swapping into xmr. NEVER gmi.

>> No.49637148

Couldn't help myself from slurping today bros...

>> No.49637210
File: 264 KB, 827x1181, 1689724578245.jpg [View same] [iqdb] [saucenao] [google]
49637210

>>49637122
>f just using bisq then swapping into xmr.

Haveno is custom-built around XMR, that's the entire point.

>> No.49637326

>>49633946
>we will continue work on the backend
Wasn't their entire CCS about back end being ready and they only need money for front end?

>> No.49638166

>>49635390
Same, it's literally the reverse of NGU when everyone's waiting for their 10x or whatever.

>> No.49638178
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49638178

>>49637326

Pretty much, they want the backend to be as idiot-proof and noob-friendly as possible to make Haveno a viable alternative to CEXs.

>> No.49638574
File: 300 KB, 1896x1280, Buy Monero.jpg [View same] [iqdb] [saucenao] [google]
49638574

Can't... stop... buying... at... these... prices...

>> No.49638628
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49638628

>>49633946
The fact that this guy managed to steal 750 XMR from the community is fucking appalling. That's 500 Monerochan commissions or (depending on salary) a year or so of full-time funding for a cryptographer at the Monero Research Lab.

>> No.49638657

>>49567492
i wish the Yoshi committing tax fraud meme had a monero edit or pic

>> No.49638714
File: 133 KB, 600x600, crabnero.gif [View same] [iqdb] [saucenao] [google]
49638714

>>49635917
Cute!

>> No.49638719
File: 241 KB, 850x750, 1654272599164.jpg [View same] [iqdb] [saucenao] [google]
49638719

>>49632091
Why is it that every other "privacy" coin live in the shadow of monero?

>> No.49638790
File: 171 KB, 890x580, 1653520522855.jpg [View same] [iqdb] [saucenao] [google]
49638790

>>49638178
This is good thought because people shouldn't be using these scam exchanges anyways. You should be holding your own fucking coin on your own fucking wallet. Acting like this is a negative is fucking retarded.

>> No.49638819

when’re we getting rich lads?

>> No.49638931

NEW THREAD: >>49638921
>NEW THREAD: >>49638921