/biz/ - Business & Finance

PREVIOUS THREAD: >>49638921

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

*****/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

Never forget what this is ultimately all about.

>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 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

Tapping in

Anyone have advice for a newbie entering the black market for recrational drug use?

I am reading the Black Market bible or whatever, but, I think I am gonna wait until I can handle possibly going to jail financially to buy my dorgs.

>>49700141
man i've had quite a few memories with dark net markets. i was really into them in the years 2019 and 2020, especially during the pandemic. All i can say is make sure you're getting trusted links, and make sure to check reviews of markets and vendors from Dread.
In terms of OPSEC, using tails os is your best bet. in addition to that, just make sure you're getting your monero properly by following the advice from these threads.

>>49700294
Yeah I was reading that. I mean, should I not use monero that I bought with my btc wallet? How will they know it was me? etc etc?

Should I only use monero I purchased with cash? I don't understand. I am kind of new to monero. Maybe some one can explain.

Also, is getting your dorgs sent directly to your house as safe as they say? I mean as long as I don't do any international trades, right?

>>49700342
generally you should avoid any KYC exchanges when buying monero. however, your transactions will always remain anonymous regardless of how you obtain monero.
just don't give law enforcement a reason to search through your mail, and you should be fine. LE cares about vendors, not buyers. if you want to talk more then come to the monero IRC

>>49700403
The Rizon one?

>>49700141
from my experience:
- use tails
- as long as youre using monero you should be fine, even if you bought it with BTC. didnt even use PGP. however i do keep my links and stuff on a usb that i can destroy if necessary
- had no problem getting goods directly to my house, but it may depend on what country you live in. vendors use stealth, hiding it in paper letters, soap bars and other shit. if youre afraid, just get a small dose or a discreet drug (lsd is easiest to hide)
- use a trusted vendor (with lots of varied reviews, not all saying the exact same stuff)
- whatever youre trying, use the smallest active dose or you might make yourself freak out for a few hours/days/weeks or get instantly hooked

>>49700342
if your international package somehow gets seized (((they))) cant prove you solicited it and domestic packages are rarely searched and police require a warrant from a judge to open it.
as long as you dont buy el chapo quantities you will be fine

>>49700141
Drugs are gay. Don't be gay.

>>49700507
I'm an experienced drug user I just lost all my connections as I grew up and now I am getting abck into using again, so, this is the only way I can really procure drugs I want like mushrooms and yes LSD.

>>49700531
Shut up fag.

>>49700633
>lost all my connections as I grew up and now I am getting abck into using again
im in the same boat, good luck bro

>>49700503
onion

>>49699830
It’s done nothing in 4 years.

Nobody cares about dark net adoption. Institutional investors won’t invest in a digital asset thats supply can’t be easily audited on an open ledger.

People don’t care about privacy. They change their profile picture to advertise they own 100k jpegs of monkeys. And if they want to transact privately they’ll just use a credit cards, not an obscure internet currency used by schizos and autists.

Face it. You missed out on bitcoin and see something else with DNM adoption and cope thinking it will pump next. It won’t.

What incentive is there for a normie to use Monero? They won’t even use bitcoin because it’s too autistic and inconvenient. But they’ll use something without any easy onramps? You think normies will be using decentralized liquidity pools to pump your shitcoin?

>inb4 various bagholder cope
>it is LE MONEY and it is has LE USECASE

>>49699830
Running low on copium bros, why would monero chan do this to us?

>>49701255
You're literally getting an opportunity to sluuurppp

>>49699830
I heard Monero was made by the CIA. Is this true?

>>49699830
I was waiting for over a year for this opportunity. It's finally the time TO SLURP

>>49701430
It's going to go lower

>>49701474
>kycnot.me
Then I'll slurp more. But I won't be greedy, I'll slurp today.

"Monero performs the best in a bear market"

You delusional fucking retards LOL

>>49701151
Uh oh, another moon boy is here to explain to a bunch of tech literate chads why Monero is bad cause it wont rug after 3 months like his shibags.

>>49701386
No but it wouldn't matter anyways. How many times do these questions have to be answered for this glowing website?

>>49701673
It's literally out preformed most coins

>Misses the entire bullrun

>Doesn't even surpass its ATH from 2018

>Dumping the most of any coin in this market

How do you guys continue to endure and hold this absolute piece of shit?

So I’m thinking of buying monero on local monero via cash app. My question is if I’m going this route am I better off giving straight cash p2p? Or should I use the cash app bitcoin purchase, withdraw to private wallet, then send that to my monero dealer? The bitcoin from cash app seems to me like a much much cheaper route. I see many sellers on local monero selling monero for miniscule amount above spot when you pay in shitcoin. Problem I’m thinking of, is that once you go this route, you will not be able to click “nope” when filing for taxes and they pop the question “did you purchase cryptocurrency in the year of 2022?”. They find out you bought shitcoin with cash app your in trubba. But I guess you don’t owe taxes unless you sell shitcoin at a profit. Still. I’ll bet the whole “lost my crypto in a boating accident” really isn’t gonna work if you buy crypto from cash app or any other exchange for that matter right?

>>49701742
Why wouldn't that matter? I don't want the CIA on my ass.

>>49695358
XMR-accepting black market grocery stores? Remember that this is in the fedcoin future

>>49701780
tech and Monero-chan

>>49701991
you should worry about fbi not cia. if cia wants you dead you're dead.

https://youtu.be/Eyu3OIn5A00
Never selling.

>>49701386
So was Tor, your point?

>>49701151
>It’s done nothing in 4 years.
It's literally taken over the illicit drug and firearm trade online, that's "nothing" to you?
>Institutional investors
There's a payment system for institutional investors and it's called a bank. You should use one sometime, very low transaction fees.
>People don’t care about privacy.
So you're saying people are too retarded to value assets properly, which means we should... invest based on public opinion.
>You missed out on bitcoin and see something else with DNM adoption and cope thinking it will pump next. It won’t.
Any asset that "pumps" also dumps, you idiot.
>What incentive is there for a normie to use Monero?
None; what incentive is there for them to invest in Bitcoin once Matt Damon stops shilling it?

>>49702147
Not grocery stores.

In this eventuality, if you want local produce or meat that came from an animal with fewer than 6 legs, you're either gonna be spending $800/lb for it at Whole Foods or buying it from the back of some dude's van while looking over your shoulder for the cops.

>>49701780
>Dumping the most of any coin in this market
In the past 2 weeks alone, Luna and Celsius went to zero and BTC plunged below 20. Monero didn't pump because it isn't a DeFi™ product, and it dumps in tandem with King BTC, a dynamic that will hopefully go away as Monero stops being associated with the crypto™ industry.

>>49699830
Was thinking to get a bag, but i don't see a usecase. If u make big gains, like i did you will pay your taxes. You will, there is no way you're going to get away with millions and avoid tax fraud.

sry guys, privacy might be nice but there is tornado cash on eth.

Anyone have experience using gate.io to buy Monero?
Is it recommendable?

>>49703998
I love paying my taxes anyway. Because if the amount of happiness in the world can be increased by me paying taxes, the world is a better place.

Covering for the XMR-Fed.
Monero = Generational Wealth

>>49699830
Who is the guy in the picture? John McAfee?

>>49699855
I don't understand why we don't just put these in the OP like every other general.

>>49704924
Yes.
https://youtu.be/Et3mzqAp11U

>>49700047
>$22,000 * (2^27) = $2,952,790,016,000 per BTC
What did he mean by this?

>>49705579
hyperinflation is coming

looks good for midmonth

>>49705680
Is this the real Fed?_Is this just jewery?
Caught in a rate hike_No escape from realty

Open your purse_Look up to the Pow and see_I'm just a poor quant, I need no CBDC
Because I'm easy green, easy red_Little dove, little hawk
Any way the liquidity flows_Doesn't really matter to me, to me

Papa, just killed USD
Put a FOMC against it's head_Pulled my QE, now it's dead
Papa, recovery had just begun_But now I've gone and brrrred it all away

Papa, ooh_Didn't mean to make you inflate
If I'm not back at 2% this time next hearing_Carry on, carry on as if treasury really matters

Too late, my crash has come_Sends shivers down the market
Ecnomy's aching all the time_Goodbye, everygoy, I've got to go
Gotta leave you all to Hedge and face the BIS

Papa, ooh (Any way the liquidity flows)
I don't wanna crab_I sometimes wish I'd never been mandated at all

I see a little silhouetto of a man_, Goldman, will you absorb BOA?
Quantitative tightening very, very frightening me
(Larry Finko) Larry Finko_(Larry Finko) Larry Finko
Larry Finko Citadelo_Niggerrock-o-o-o-o

I'm just a poor chair, nobody guides me_He's just a poor chair from a kike family
Spare him his term from this Atro-Citi_

ESG come, ESG go, will you let me taper?
Fakkakta! No, we will not let you taper (Let him taper!)
Fakkakta! We will not let you taper (Let him taper!)
Fakkakta! We will not let you taper (Let me taper!)
Will not let you taper (Let me taper!)
Never let you taper (Never, never, never, never let me taper)
Oh oh oh oh

Oh, Papa Deutsche, Papa Deutsche (Papa Deutsche, let me taper)_Baselbub has a Volker put aside for me, for me, for me

So you think you can Blackstone me and spit in CPIs?
So you think you can dove me and leave me to goys?
Oh, Janet, can't do this to me, Janet_Just gotta get out, just gotta get right outta recession

Ooh, ooh yeah, ooh yeah

Hikes really matters_Anyone can yield_Hikes really matters
Its 1929 again to me_to me__Any way the liquidity flows flows_.

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

wtf how long does a dead cat bounce usually last??

>>49701780
Monero did pass it's previous high (the only exchange it didn't was a chink exchange nobody uses) and Monero has outperformed every crypto since the bear market began (Monero was ranked 52 at the top). Try harder.

>>49706857
bump

>>49701673
Monero was ranked 52(if not higher) at the peak of the bull run and is now at 29 after a particularly bad week (last week it was at 23). Monero is due for a bounce back, based on trends.
If you look at the BTC and eth ratio, Monero has out performed since the start of the bear market. And compared to every alt it has clearly put performed.

how can i as a britfag buy xmr with my gbp? i don't live anywhere near an atm, and localmonero has terrible prices.

>>49701932
There's a good chance you live near a crypto atm, maybe even without knowing it. Buy LTC or XRP via cash there and send it to some hot wallet you can dispose of (there are different atms so the process might differ). Then trade it for xmr. You'll get a shit price at the atm but better than paying absurd taxes on your coins.

>>49701932
regarding taxes:
all you have to do is file that you bought x amount of bitcoin at x price and then when you sold it.
So you would say that you $100 worth of bitcoin and later sold it when it was worth $100, effectively meaning you owe no taxes.
You do not need to tell what crypto you transferred to (assuming you live in America, this is how it works).
So in the future if you decide to sell your Monero, you can cash your Monero out on Kraken and then refer to the time you transfered the bitcoin over and say that you had x amount of Monero worth $100. That's it.
By the way, you can even deduct fees from exchanges so you actually will get money back if you do this.

captcha: R4TAX

>>49705802
Price action always traces behind adoption. Monero will bounce back.

I dont have any money to slurp with. This is agony.

>>49709269
>how can i as a britfag buy xmr with my gbp?
Buy Bitcoin and then trade it on TradeOgre.

>>49711614
Don't worry anon. We have a other 18 months of slurping most likely.

Can anyone explain to me why monero doesnt suffer from those "halving" issues like bitcoin does
as stated here >>49700047?

You're a fucking piece of shit Monero-chan you ruined my life you slut.

>>49713067

https://cryptopotato.com/moneros-tail-emission-everything-you-need-to-know/

>>49713328
Its a scam

>>49701932
The monero fags are trying use you as exit liquidityHYMY2

what is a good avg buy in price? and what are the stacks?
i started buying during this crash im around $146
i have 9.5 xmr

>>49713624
>and what are the stacks?

>>49713624
Hidden stack of 10 xmr seems like a nice insurance policy

Working to get something near that, currently at X amount

>>49714432
18 doesnt seem too bad.

>>49713328
Who the fuck do you think you are talking about Monero-chan like that, what has she ever done to you other than protect your privacy and be good to you. She doesn't even need to be defended really, she just inherently rises above trash like you.

>>49713624
Diversify into other privacy gems like SCRT. It's a low cap with good features and fundamentals.

Accidental monerochan I found on pixiv

>>49716231
Damn lookin' fine! Thanks for sharing fren.

>>49716231
Nice

monero doesn't seem to go up very much. surely if I need monero to do something private I can just atomic swap it from bitcoin. why hold monero?

>>49717859
You shouldn't hold monero now fuck off

Bump

>>49716231
reminds me of those bratty luxury anime thots
so hot.
>Made-It Monero Chads hanging out with Monero-chan

https://twitter.com/calciferciccio/status/1537353607212847104

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>49717859
>monero doesn't seem to go up very much.
It pumped from 115 to 205 last month when everything was dumping.

>>49717859
>surely if I need monero to do something private I can just atomic swap it from bitcoin.

Yeah, and the counterparty is going to take the risk of receiving your potentially tainted coins out of the goodness of their heart.

Here's what's actually going to happen: you will take a haircut on every BTC swap for XMR, meaning you're better off just holding XMR or not holding a tainted shitcoin like BTC in the first place.

>why hold monero?

For the same reason the moneyed elites use offshore banking: to keep your wealth and related TX off the radar.

>>49718850
what a queerfaggot
Never trust Northern Italians.

>>49716231
I feel like a lot of our art focuses on how she cares about privacy, but I really like how this art shows that she's also super fucking rich.

>>49718686
what is the name of the blue haired one? ive seen her many times in a Bugatti i think

>>49718850
I love how this guy paints himself as this poor little victim when he:
>is in the Monero working group
>is in the Monero community group
>was given $200,000 by the community
>is in charge of a large scale miners project he is NOT DOING
>has contributed NOTHING to Monero aside from demands to fire people

Like, dude, if you hate this community so much, just leave.

>>49699855
Holy fuck, the ztard never fails to show up does he?

>>49718850
use nitter next time

>>49711685
ltc has lower fees.

>>49720676
Also their new MW extension adds a layer of security. Credit where it's due.

>>49718850
jesus, what a whiny faggot

is there a way to filter out ztrash posts? these pajeet shills are so fucking annoying shitting every monero thread

>>49719165
normie reaction to having internet based offshore access is funny af

>What do you mean I can offshore all of this wealth?
yes you can anon, and that's the beauty of it

Going to try to wage to stash away some XMR

>>49718850
>https://twitter.com/calciferciccio/status/1537353607212847104
>WAHHH THEY DIDNT LET US INFILTRATE THE COMMUNITY WITH A CODE OF CONDUCT

>>49721045
what a fucking tranny the have no guy turned out to be lol

FUCKING SELL TO US DOLLARS IF IT WAS URGENT YOU RETARD, CANT BELIEVE YOU DIDNT CASH OUT INITIAL DONATION AMOUNT WHEN MONERO WAS AT 260$

>>49700047
Stop posting retarded math in the info dump
>Stop posting retarded math in the info dump
Stop posting retarded math in the info dump
>Stop posting retarded math in the info dump

>>49710978
I see. But if all I ever do with bitcoin is give it to my drug dealer for pot. Or if I just buy coffee with it or tip a waiter with it.. it’s not MY duty to file that right? That would be, the drug dealer, the coffee shop, or the waiter’s responsibility to report since THEY are making money off it? Also.. I can give away bitcoin as much as I want to family and friends so long as it’s like less than 15000$ I don’t have to report it to taxes right?

>>49721240
I've said it before and I'll say it again, infodump anon needs to keep it to 3. Way too much filler and that post you referenced is retarded.

>>49721167
>>49721045
>>49719828
Can we just fork the haveno project and finish it without this faggot?
I don't trust him at all. His jew ass might just purposely compromise the whole thing.
I shouldn't be this fucking hard to develop a Bisq ripoff.

>>49721240

What specifically is retarded about the math?

>>49718850
Typical faggot diverging attention from his failures & promises and/or projecting while making himself look like a victim. Get a fucking grip already Jesus Christ. No one likes him anyway due to multiple controversies, his contributions are easily replaceable.

>>49719828
>>49720492
True

I just upgraded the software, switched to Advanced Mode, &cet &cet &cet to get the new Miner. As soon as I started it, my entire wallet unsyncronized and does not appear to be syncronizing correctly. I had to `kill -9` the p2pminer. What happened and how do I fix this?

>>49722197

>>49721167
Technically, he couldn't. The XMR is locked up in tranches; each one is only released if a majority of donors vote that enough work has been done since the last one.

>>49699872
You provide a remote node for both Western and Northern Europe, but not the United States or any of the Western Hemisphere. Could you please provide trusted Remote nodes outside of Europe please?

>>49722197
N/m on this, I only realized I had not downloaded the entire blockchain in the previous configuration.

>>49700047
>If we’re 3 halvings into 32 total halvings
wait wat
isn't the last BTC halving the 4th one in 2024 and then that's it?

>>49722689
Oh damn, I can't use a remote node to mine. I have to download the entire 64GB blockchain? I don't have the disk space. I mined briefly before with XMRig and did not need to do this.

>>49722758
No it happens every 4 years and every time there's a chance bitcoin dies permanently if BTC doesn't double in valuation.

The hardest pill to swallow will be the realization that most people don’t want sound money, they want casino chips.

>>49722933
We're not appealing to those people. We're not saying XMR will be the biggest most profitable crypto. We're saying that XMR will be the only sound money that will in the long term be used for actual commerce in the online world.

>>49722985
And short term we are already there. We see actually growth and usage. This is what is most important.
We are in a bear market and we saw an all time high in transactions. This was likely fueled by sell offs, but also from the floor of transactions we have of daily dark net usage.

Is there a way to host trustless XMR<->WOW swaps, so as to cut out having to use BTC as a middleman on tradeogre?

>>49722985
This. Monero is not the crypto-optimist's coin. In a world of crypto dominance, Monero will be a shrimp among whales. We're the crypto-PESSIMIST coin, the only coin worth ANYTHING in a world where most other cryptos have gone to zero, be that because of censorship or just because blockchains are terrible technology or whatever reason you personally believe.

>>49721618
The current way taxes is set up you're supposed to report everytime the coin leaves your possession. Except cex, cause they're just holding it in custody. On the other party's end they report their income as usual. And then when they get rid of the coin they report, ad infinitum...

Do we have any perspectives, bought it when it was almost double the price. Hope we go back.

>>49700047
>>49705579
I was retarded tired when I read this last night, but I understand the idea now. Isn't this assumption predicted on ASIC technology never advancing, which over the span of 120 years seems extremely unlikely. If buttcorn minors can come to a consenus on which fork to choose surely they could agree on using slower ASICs which are 90% more efficient, if that does become an option. Billions are being invested into BTC mining farms (I am subcontracted to doing works on one right now), I'm sure the institutions behind these companies have done their due diligence and are aware of your pasta meme.

Syscon project is designed to provide Smart contracts and interoperability, while remaining at a low cost.

>>49713328
How could Monerp possibly ruin anyone's life anon. Crypto investment comes with several risks. That's the reason I invest in several things like I am currently doing with several DeFi platforms like moonbeam, equilibrium and acala. No way three are gonna fail me same time.

>>49723584
Same. I'm feeling the heat a little bit. Gonna try to get some more though to lower my DCA.

>>49725413
Monero is a shitcoin. Better code has been written

>>49725591
Such as?

any of you have that chart of the XMR price measured in BTC where it shows when Russia invaded Ukraine etc.?

>I DONT WANT TO READ ALL THIS SHIT, I WANT TO BUY MONERO AND NEVER EVER PAY TAXES EVER
>I WANT TO BE ABLE TO BUY SHIT WHEN MY BANK SAYS "MR. RETARD, YOU HAVE BEEN A VERY BAD BOY, NO MONEY FOR YOU!"
TELL ME HOW TO DO THIS IMMEDIATELY YOU FUCKING NERDS

>>49726773
Localmonero.co
Bisq.network
Kraken.com

>>49726773
Like OP said:

>>KYC:
Kraken
Binance
Bitfinex

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

Make sure to store it on your own private wallet.

>>49727003
>>49727187
I've seen people complaining about bisq, is there some issue or are these just pajeet retards?

My mum made me watch this for homeschool. It has that big fatty banker at the BIS abomination. Then discusses a paper about how to kike-max the groblar economy. About 20 minutes. Coin Bureau: https://youtu.be/CIRsEOBYxbA

>>49727418
>are these just pajeet retards?
Basically, yes.

>>49700141
If you're just a customer buying volumes for personal use no one really gives a fuck. Honestly to God law enforcement is not going to waste their resources in someone like you. They're more interested in vendors, market admins, people buying immense quantities (for resale), etc.
Them going after you because you bought a sheet of LSD won't give them any other information they couldn't have themselves by making the same order from the vendor. Which they do all the time.
So my advice here is you don't need to be a paranoid schizo, but of course that doesn't mean you shouldn't have any proper OPSEC. Do it properly to the best of your abilities, but don't lose sleep over it, you'll probably be alright.
Enjoy your drugs and remember to be safe.

>>49723506
Hmm interesting. So if I start at cash app, buy bitcoin from them. I have my personal identity tagged onto that coin. And anytime I spend it, the banksters if there interested could probably know that suddenly I withdrew to my personal wallet. And then if I started giving that bitcoin to my mom, my waiter as a tip, my local klan leader as a donation. The IRS is definitely coming for me correct? Because bitcoin is transparent ledger. No wonder people dumping monero for bitcoin don’t charge much peer to peer because either your identity is tied with the bitcoin or you went thru extra annoying steps like coinjoin/mixers already to get your coin cleaned so you can buy private monero with it and not have the IRS, government, bank, media tracking your net worth anymore. I’m beginning to think that just straight cash app, directly peer to peer is a much better option than buying bitcoin then transferring it. Hell even the pay with credit card options peer to peer I’d say have less identity tied to them than buying bitcoin from a central bank or exchange.
Direct peer to peer credit card or cash app transactions are gifts to your peers because they are struggling. And I guess if you pay a peer money with Venmo/cash app/credit card your donating. And if the IRS is interested in taxing that you can just file it as “donation” and pay your taxes that way right?

live

>>49727548
your mum sounds based

>>49728226
>The IRS is definitely coming for me correct?
Well it depends, If you are sending large amounts and then not reporting anything, yes I would imagine you would get talked to. If you are only sending a little then it isn't worth their effort.
>and not have the IRS, government, bank, media tracking your net worth anymore.
yes, you got it
>And if the IRS is interested in taxing that you can just file it as “donation” and pay your taxes that way right?
I mean either option is monitored. However if you pay in fiat you don't actually have to file taxes (fiat to crypto is not a taxable event). So all you would have to worry about is service you are using knows you sent money to someone.
Later on if you decide to cash out Monero, you can use the dates that you purchased xmr on those apps as a reference when you file capital gains.

>>49730430
>However if you pay in fiat you don't actually have to file taxes (fiat to crypto is not a taxable event).

This I can understand. It’s like purchasing a stock, this is not a taxable event. Only when you realize gains or profits is it taxable. Or if you sell at a loss you can get tax deductions I think. So if I’m sending bitcoin around that I bought from cash app and it’s a significant amount the IRS will wonder about me indeed. Makes perfect sense. And it would be easy for them to get info on what’s going on with shitcoin.
But the way I understand how Venmo, cash app, Apple Pay works is your just basically digitally handing your friends USD. Nothing cryptic about it. But it’s probably better to go straight from cash app to monero than to go cash app, to bitcoin, then monero. Because sending your friends on local monero an Apple payment is nothing suspicious at all. I mean the government gets their tax dollars out of me using their app. So their happy and satisfied. Don’t matter that I’m giving monetary gifts to my friends. Right?
Not sure how this would play out trying to make sure I know what I’m doing before I Apple Pay or Venmo someone on locamonero.

>>49730895
> using their app.

Err I mean using the bank’s app lol.

>>49730895
>Don’t matter that I’m giving monetary gifts to my friends. Right?
It shouldn't matter, no.
If you are really concerned though, I would contact a crypto tax lawyer.

>>49730066 (checked)
It is a challenging trade-off between narcissistic expectation and vain disgust; but I put on the bravest face possible.

>>49731143
I doubt I’ll buy crypto. It just seems to sketchy and all. But it’s fun to play around with the idea. In case someday I need crypto I’ll know how the whole ball game works and how to properly report all my taxable events.
I’m just wondering since I’m new to cash app and a lot of my friends buy bitcoin thru it and send it to each other and they give each other money sometimes. Makes me wonder how often some of these people including the local monero people are calling the cash they apped out for monero a “gift” on the memo.

>>49727187
Bitfinex doesn't require KYC for me. Is it a burger thing?

>>49728226
>>49730430
>>49730895
>>49731143
>>49731364
>Monero threads talking about paying taxes
bearish

>>49731835
Well yea. One of the most important aspects of money is the fact that it can be taxed and redistributed to increase the amount of happiness in the world by preventing famines and starvation. Food stamps, welfare, highways, police forces, military. All funded by our glorious tax dollars. Which I demand that you all pay whenever you purchase monero. Because, I will report every cent. I expect you all to do the same. We are moving into a collectivist globalist future. Taxes on our crypto will take us back to the moon and put moonbases there.

>>49731931
I also concur with this statement. All of the monero I have ever purchased has been immediately traded for goods of equal value to that of my xmr. If I ever held monero as an asset or traded it for another crypto currency I would report it to the tax office 100%. It's just not worth the risk bro.

There is a massive buy wall of xmr on tradeorge. Wonder if this is a cex buying to cover their shorts?

>>49732293
I like your thinking. I mean hell, the government just wants a little pinch of the sweet honey anyway. I’ll give it. And in return I get censorship free digital cash that can be donated to white advocacy groups of my choice without getting cancelled by banks or exposed by the media. It’s a win win.

>>49732611
huh. It's like 3 million USD. probably just some rich asshole

>>49733130
Considering we're in a severe bear market that is one hell of a buy wall.

>>49733130
It is the biggest trade compared to the ones I've seen on there.

>>49733847
Why tradeogre though? It's got the thinnest order book, and he's not set up a sell wall to bounce the price between. Unless it's dirty btc he's trying to launder.

>>49734239
>Unless it's dirty btc he's trying to launder.
Tradeogre isn't KYC, so it could very well be someone looking to get some Monero without anyone knowing.
>>49733130
There was another large buywall two weeks ago. Not as large as this one but around 20k xmr if I recall correctly.

>>49733130
>probably just some rich asshole

can someone explain to me in simple terms why i should buy this? I have 0
let me pump your bags

>>49734626
watch the xmr redpill in the OP.

>>49734626
>can someone explain to me in simple terms why i should buy this?

You shouldn't. Go away and buy more dog memes.

>>49734626
I buy it because I'm Canadian. And after the Ottawa protests, it should be obvious to you how fucked we are.

if it goes below 100 im going in big tyme

>>49701780
Just once I want to open this thread with out endless walls of fud being present.

>>49733130
Yesterday wenn I noticed the order it was like 33.000 XMR maybe the original size was even bigger.

Inb4 Draghi floated some trading ideas to them on the train.

https://monerica.com/

>>49731765
Can't be, Americans aren't allowed access to trading at all on bitfinex.

>>49735914
I'm not a burger I was saying, I'm a leaf, and can trade fine without kyc.

>>49734626
Satania loves Surveillance

>>49716231
nice
>>49719781
she's from that boatfucker gatcha game. don't remember her name but she was name after a ship.

>>49703874
But obviously that's not what I want, because I earned the XMR by selling illegal meat and now I want to exchange it for fedcoin and pay bills and buy legal groceries

>>49734626
Monero is what noobs think they're buying when they buy bitcoin

>>49735255
basado

>>49738752
just going to say this to you anon, not every country is going to have xmr banned, island nations definitely won't

So a smart anon with a lot of cash and business acumen is going to start a hybrid bank account that exchanges xmr/bank dollars for a premium. we'll pay him 2% markups to convert from MONERO to dollars and he will wire you your deposited amount

use your damn imagination

good morning

>>49739442
sir good morning

Most extremely secure and private wallet:
Monero on tails USB stick. Delete private key every single time your done using. Restore from seed every time you need to use it. Etch seed phrase into a stainless steel card.
Good idea? Bad idea?

>>49739433
Those FEDCOINS will be tracked, because they're fedcoins, remember? How are you going to explain random gifts from island nations?

how use to monero?
thanks for your post

>>49740001
Bullion bank storing gold and being an asset custodian duh

Stop being a pussy and imagine things to escape from the crony madness

>>49740100
Sounds like a hassle and rather complicated for a normal guy like me
I really want to imagine how monero will liberate regular people in fedcoin future but it seems so difficult

>>49740207
Think smarter and do what all other corrupt places do to survive

I can assure you that offshore banking will be one avenue of moving from xmr to paper usd

>>49734682
what's this picture from?

>>49740561
>paper USD
It's extremely optimistic to assume this will exist. When I say fedcoin, I mean fully pozzed cbdc

>>49740583
newfag

>>49739864
Where are you planning to keep the card, up your ass?

>>49739864
it's simple, read this

friendly reminder

>>49739864
Might as well go through the extra step of setting up persistant storage with a strong (>23 characters or >8 diceware words) password

>>49740607
As much as I love Monero, physical money is still superior. In your scenario, all it takes is a simple (maybe controlled) blackout and you cannot buy or sell basic important resources such as food or water.
Physical > digital. Always.

wen rich

>>49741323
Sadly, Monero is always a coin you'd rather not have to use. We just have to make sure it's the best possible experience for when we have to.

Is the monero community the only one left that believes in the original promise of crypto?

>>49741323
You really think grocery stores will accept cash during a blackout? Everything is digital.

>>49741707

Next Thursday.

>>49727548
Is your mum single?

>>49741740
>Sadly, Monero is always a coin you'd rather not have to use.
What is your perspective by saying this? If you are a dissident against the government Monero is definitely the best option.
>We just have to make sure it's the best possible experience for when we have to.
It already is, it's just send and done. Every upgrade will make it easier to understand, but usage is fairly simple.

>>49742121
>You really think grocery stores will accept cash during a blackout? Everything is digital.
If your speaking the same scenario, it is easily preventable by having physical cash. Not everyone has access or understands digital currency. People would severely panic if they could not be able to do basic survival purchases.
Everything being digital and controlled is wrong on several levels, it creates more problems than it can solve.

>>49742011
>Is the monero community the only one left that believes in the original promise of crypto?
It is. There are a few others, but they might not reach the extent as Monero will reach due to it being a currency. An honorable mention is oxen, they made an anonymous messenger called Session - picrel. I like the project and the privacy usecases presented. But don't just go with my word, DYOR. https://oxen.io/

you retards discussing lights out scenarios while monero is being used right now to bust sanctions

If Monero requires constant updates by a team of developers couldn’t someone just take them out somehow and thus kill the coin?

>>49743923
What would stop project maintenance from being picked right back up or forked by any number of anonymous devs/users?

CAN A BROTHA GET SOME FLUORINE FERMI

>>49744912
kek'd
what is that tho

>>49745342
new monero version name

xmr is going down with the rest

>>49745389
fluoride ferment>cryptonight

redpill me on starks
im too lazy to read the papper

>>49735255
This, coupled with the fact that the Monero wallet now has a "merchant mode" is making me wanna start an online shop lol

i just slurped up a monero

>>49709269
This >>49711685

>>49720676
Tradeogre takes an 0.2% trading fee and doesn't have a LTC-XMR pair so you need one extra swap. It's worth it but only as long as the BTC tx costs more than 0.2% of your purchase. Right now we're at like 10 sats, so anything on the order of £1000 or more best goes through Bitcoin.

But either way it's saving pennies, you're calculating whether to pay £0.5, £2 or £5 in fees.

>>49746665
The XMR->BTC->(other altcoin) trap on tradeogre is intentional so there is actually liquidity on both sides of the XMR/BTC pair.

It's really quite smart.

>>49742011
There are bubbles of it in other communities; BSV, for example, or Litecoin adopting MW, or any of the abortive attempts at "private smart contracts" that pop up before flaming out because the technology precludes them from working, etc.

But as far as I know, Monero has the only community of users that SOLELY focuses on privacy and anti-KYC and disparages moon math and the Crypto™ industry, to the point that it's the foundation for the entire product ethos.

>>49743275
>What is your perspective by saying this?
Monero is a great product, but it's like the fire department; you hope you'll never really need it. Yes, obviously, dissidents are happy to have it, but they would much rather live in a world where they don't have to be dissidents and their views are mainstream and accepted by society.

>>49714432
What's the price per coin for those? $5k, $20k, $50k?

>>49735255
amazing UX

>>49746805
>your perspective
I definitely agree, especially since Monero is the ultimate currency safety measure. You can support a cause the governments do not like or you simply don't want them to know such information.
There will always be dissidents, some good, some bad. That's why privacy is important, it removes censorship.
The Canadian truckers are a great example for a good cause - autonomous freedom. If Bitcoin was replaced by Monero in those donations, the proceeded events would be vastly different since no one would know they received money (unless they disclose), let alone blacklist their wallets.

>>49747422
Governments will never let XMR replace BTC. If the conditions are met where that becomes a reality then we will be living in dark times and XMR will be invaluable.

If governments start removing cash completely and go fully digital then surely XMR will moon past 1 BTC in value, no?

>>49748254
XMR will be harder to onramp and off ramp with CBDC. XMR is a threat to government control, if it becomes widely adopted expect on/off ramps and CEXs to be targeted.. liquidity will fall until unstoppable solutions are easily accessible. Thorchain integration will help with that .

>>49748130
I'm not aware of any cases historically where a new technology that was clearly superior to existing technology was successfully stamped out by governments. Governments might be successful at slowing down monero, but I doubt they can stop it. Monero is both effective peer to peer cash and has properties closest to digital gold. No other option comes close.

>>49748130
>Let

Let me know when they finally manage to shut down piratebay

>>49748766
Governments have been able to tax pretty much everything made in modern society. Crypto is already hard enough for them to get their slice, XMR becoming a defacto crypto will pose a serious threat to governments ability to tax their population and is a direct threat to their power over their populace. Even with other crypto's they can still make examples by tracking some big players. It's naive to think they won't do what ever they can to stop usage and adoption if it becomes a serious threat to their grip on society. Expect all CEXs dealing in monero to be cut off if it see large adoption outside of current circles. Monero is essentially war against the elites and those in power.

>>49748906
Yeah a bunch of countries already have blocked it. The average idiot isn't ever getting on pirate bay. Terrible retort.

>>49746860
update your OS, emojis are a standard feature now

>>49749005
No, I have no usecase for emoji

>>49749187
They're literally common shorthand now.

>>49748130
>Governments will never let XMR replace BTC.
There seems to be an issue here, you're implying that the governments is an intelligent beast that can stop anything. This is far from reality as they are closer to incompetent than intelligent. You cannot stop a decentralized network. I'll give you an example: the internet was supposed to be controlled, this goal has been close due to big tech's controlling efforts, but it's far from fully centralized. What makes you think they can take down Monero?
Like this anon said >>49748766
>I'm not aware of any cases historically where a new technology that was clearly superior to existing technology was successfully stamped out by governments.

Every governmental effort made is untenable as you cannot stop it. It would also be counterproductive as they can still benefit from Monero, as everyone can. If they can't control the currency, their power is severely mitigated.

>>49749206
I don't have conversations in any contexts where people need to communicate by emoji.

>>49749187
>paru noto-fonts-emoji-apple
>shell prompt $ can now be an Orangutan emoji

there's your use case, a goddamn good one at that.

>>49743923
>If Monero requires constant updates by a team of developers couldn’t someone just take them out somehow and thus kill the coin?

Unlike centralized corporate projects like Zcash, Monero devs have mostly chosen to remained anonymous, the core team doesn't even submit code directly.

>>49749265
My shell prompt is > and I will literally never change it, all the fucking unicode prompts and powerline symbols and shit make me puke

>>49746280
>redpill me on starks
>im too lazy to read the papper

STARKs, not SNARKs, are the future. Sorry, Z-fags.

>>49749339
Yes but how do they work
I want to understand them but I don't want to put in the effort, spoonfeed me

>>49748130
>Governments will never let XMR replace BTC.

What does that say about BTC lol

In any case, CBDCs will do to non-hardened crypto what that asteroid did to the dinosaurs

>>49749231
Governments have stamped out the majority of what threatens them and is a large reason why you see centralised power structures the world over. Institutions are set up with the aim to control, monitor and destroy anything that challenges them; just look at the SEC, cenetral banks worldwide which are controlled by a couple families etc. I am a massive long term Monero bull but I'm talking 10 years minimum for it to start to show how important it is. Anything before that time period it will remain niche IMO. For monero to take over and become the defacto currency it will need to overcome massive hurdles in the future. As popularity grows you will need to consider;

>Will XMR be able to overcome a liquidity crisis as more and more governments regulate crypto and ban exchanges from listing privacy coins that aren't pozzed?
>Will there be developments in regards to on-boarding that are censorship resistant? Monero will stagnate if it cannot be traded for other assets and governments removing fiat as a viable go between will harm adoption.
>Will XMR have front end developments which allow easier onboarding and usage? The new generation of people entering adulthood right now don't even know basic file structures on computers let alone tor usage or VPN usage to overcome local censorship.
>Will XMR continue to win the arms race it is having with governments? Can it survive almost guaranteed blips along the way?
>Can XMR survive and win in an environment where a potential collapse of the west happens? Will infrastructure such as internet be reliable enough in said environment?

>>49749447
I'm not saying BTC isn't pozzed. I'm saying XMR will need to win a war to become the defacto crypto and currency of the internet.

>>49749404

STARKs use decades-old collision-resistant hash functions as opposed to the unproven moon math that SNARKs rely on.

So, STARKs can do everything SNARKs can but faster and safely, with the added bonus of being fully quantum-proof.

Once they optimize proof sizes down enough, its game on.

Hey anons, I just say the talk by Daniel Kim, Monero Means Money. It was really interesting and I liked how it was very clearly broken down in digestible chunks of information. What other talks or readings would you guys suggest for someone who wants to learn more about monero?

>>49749692
Breaking Monero

Sound money, Safe mode (also by Dr Kim)

just read the entirety of monerodocs.org too

>>49749644
>I'm saying XMR will need to win a war to become the defacto crypto and currency of the internet.

Well yeah, we've always known that war is coming. That's why there is so much emphasis placed on decentralization, DEX-ification, ASIC resistance and stealth tech research/upgrades.

Get some, glowies.

Differences in creating new account versus creating a new receiving address ? Any pros / cons ?

>>49749900

Rule of thumb is: new subaddress per unique identity.

You don't have to create multiple accounts.

>>49744157
>>49749286
Couldn’t the CIA or whomever just infiltrate and take over this developer team?

>>49749960
>Couldn’t the CIA or whomever just infiltrate and take over this developer team?

How?

>>49749960
Yes, they could. And if that happens, we'll have to switch to a different project.

>>49749954
Anon... is this girl of age?

>>49750119
>Anon... is this girl of age?

The piercings confirm it.

>>49748927
sir you are failing to see the wider angle here:
Some of the 1% doesn't want to follow the policy-making 1%

The offshore wealth aspect and tax avoidant properties of MONERO is also what makes it attractive to these larger capital figureheads

it will thrive no matter what big gubnment has the sheep think

>>49749960
>Not understanding open source technology

>>49750119
No they literally couldn't, Monero is open source.

Redpill me on monerujo , I just started :)

>>49750385
>>49750404
I pity the glowies trying to propose pozzed changes to MONERO core schizos

Top
Heckin'
Kek

>>49750460
It's literally private, secure and everything bitcoin was supposed to be. It also follows the Free and Open source mantra unlike Litecoin zcrap which are both centralized development teams.

It's literally the only crypto worth anything outside of bitcoin

>>49750404
So is Linux.

>captcha: ANANA

>>49750503
It just goes to show people who shit on monero literally do not understand tech.

>>49750520
Right what is your point?

>>49750667
Open source doesn't mean glowie-proof. You need principled anonymous devs.

>>49750790
That's retarded because any one can audit and look at the code. If there was malicious code then it would be discovered and your reputation would be tarnished. It's happened many times and just happened recently with node-ipc.

Nice try glowies

>>49749732
Saved and thanks

*THHHHBBBBBBBBBTTTT*
mmmm, oh yes, very nice my dear
*BRAAAAAAAAAAP*
yes, very good, very musky, is that black pepper I detect?

>>49751850
rope immediately

>>49748956
>what is a mirror
>What is changing your dns to 1.1.1.1

Your average idiot probably already did the second one when he heard he can get less lag on fortnite by doing so. Point being, bans don't work.

>>49752198
don't act like you wouldn't huff monerochans tail emissions if you had the chance.

>>49752441
Don't act like everyone must share your exact degeneracies
I'm only into horses for example, so I have never felt attracted to monero-chan at all

>>49752485
>I'm into horses

>>49752274
Using torrents and pirating was average idiot stuff back in the 2000s. Now it's basically 1337 h4x0r shit to your average smartphone addicted normie. Hell, zoomers don't even know what a file manager is. Do you think people will ever wake up to the fact that they have become digital slaves?

>>49752662
Are you retarded? Normies use torrents all the time.
Also Moneros privacy is only one aspect of it's use case. Monero is a cryptocurrency, not a privacy coin. It improves on Bitcoin in more than one way. It's low fees, for example, will be way more appealing to normies long term.

>>49752567
And the guy I'm replying to is into being farted on by a drawing. Your point?

>>49752876
>Normies use torrents all the time.
What normies are you hanging out with that are torrenting regularly from their smartphones?
>Monero is a cryptocurrency, not a privacy coin.
Yes it is.
>Are you retarded?
No you.

>>49699830
"let's just negate this reality over the red line for 2 days"

>>49752662
Actually, yes.
Normies probably already learned most of this stuff by mistake while consooming content on YouTube. There's literally a subreddit dedicated to piracy. It'll be a slow process since zoomies aren't as ambitious, sure, but they'll learn it just fine

Noin'ey too pound sterling

>>49703998
patience and not being a goy faggot.

>>49705803
acknowledged

>>49750516
I just starting and don't have any nodes, can I create

>>49752995
Smartphones? Nigger I absolutely know people who know how to torrent and use windows and social media and spend all their time talking about the Johnny Depp trial. You are highly exaggerating the difficulty of using torrents. Many of them probably saw a guide on reddit or even on Instagram.
My friend is a literal retard with computers. He told me the other day that he is completely anonymous because he goes on incognito and uses duckduckgo, and even that retard knows about pirate bay.
Normies are already using Monero on the dark net. And over time more normies will use Monero because of its low fees.

>>49754909
Ok nigger.

I’m new to tails y’all. I am fucking around with all sorts of elite hacker shit as a 50 y/o grandpa for the first time in my life and don’t know wtf I’m doing. So I’ve got a node running thru tor on my laptop. But it’s not tails. If I were to ditch that node, for one running 100% thru tails on an external hard drive that’s 1 terabyte I don’t have to do all the extra steps to make that node run thru tor right? Because NOTHING in tails goes thru anything but TOR right? And to connect to it though I wonder… on a regular non tails node ya gotta just type IP of device. On tails… I dunno how I’d find the IP address of a hard drive lol.

>>49754990
install gentoo

>>49754990
TAILS is a precision tool specifically built to be used as-is and to "forget" everything that was done on the system when it's powered down, It's not recommended for a daily driver, and pretty much unusable in a server role.

You can achieve the same thing (a monero node networking exclusively over TOR) on any other linux distribution, for ease of use I would recommend starting with something line Linux Mint or Ubuntu (artix is also on the list but is a bit more advanced) because they have graphical installers and are heavily documented (so any issues you encounter have likely already been solved)

Also, an external hard drive is a great way to store big files like a blockchain, but you're throttling yourself on transfer speeds (won't go any faster than the USB port can transfer data, and likely much slower) an internal SATA SSD is a better option, but if you're patient the external drive will do just fine.

>install linux distro on machine
>install tor, torsocks and all monero software
>follow this guide step by step.

https://monerodocs.org/running-node/open-node-tor-onion/

Follow it like a ritual and don't know what you're doing and it should still work, but I STRONGLY ADVISE googling any terms you don't understand and reading up on them just to broaden your understanding on what you're doing a bit more. (also search on monerodocs, it's incredibly helpful!)

how much lower are we going bros? when do I slurp

>>49754990
So, tails is short for 'the amnesiac incognito live system'. It's a live (meaning nothing about what you did is stored on the computer you booted it on) linux distro that forces all connections through tor by default. You don't need this at all for added security since your node is already working over tor, and you can't install tails on a harddrive anyways. BUT it could be useful to make a DIY hardware wallet with a flash drive.

>>49754990
>>49755782
And as far as how you'd connect to it, the guide has you generate some .onion addresses (the type of URLs that only work on TOR)

you just "sudo cat /var/lib/tor/monero-rpc-service/hostname"
and it will spit out your nodes RPC link (RPC is the one wallets need, p2p is the one other nodes need), you plug that into the wallet client along with the correct port number and you're off to the races

On a desktop wallet you would connect to it using a command like
torsocks monero-wallet-cli --daemon-address (.onion address you made for RPC service)

on your phone you will need something like orbot to connect to tor, but it's the same link and port number you'd plug into your wallet client app.

You will also need to forward the ports for the p2p and rpc services on your router (typically ports 18080 and 18081)

>>49746743
what "trap"?

>>49757338
it's less of a trap and more of an intentionally inefficient setup of trading pairs

Let's say I have Monero in my wallet and want to spend it on some WOWnero, Tradeogre is basically the only place to do that right now.

I would send my monero to my exchange wallet, but there is no XMR/WOW trading pair. There ARE, however, XMR/BTC and BTC/WOW pairs (this is also the case for a few other pairs)

So you are forced to sell your monero back for bitcoin, providing liquidity to people who want to spend their bitcoin on monero.

Once you've sold for bitcoin, THEN you can spend that bitcoin on wownero and withdraw to non-custodial wallets.

>>49746665
none of that made sense.
why do i need an "extra" swap (whatever that is)?
what is as long as the BTC tx costs more than 0.2% of your purchase supposed to mean?
what is "10 sats"?

>>49757448
>why do i need an "extra" swap (whatever that is)?
You can trade LTC for BTC. You can trade BTC for XMR. If you have LTC and you want XMR, how many trades do you need to do?
>what is as long as the BTC tx costs more than 0.2% of your purchase supposed to mean?
You pay an 0.2% on every trade. As per above, you need 2 trades coming from LTC, whereas if you had BTC in the first place you would only have needed one trade.
Sending BTC transactions costs more than sending LTC transactions, so it's best to buy BTC (and trade BTC -> XMR) if the cost of doing so is less than the 0.2% you'd pay if you buy LTC and then trade LTC to BTC before being able to do BTC to XMR.
>what is "10 sats"?
Shorthand for 10 satoshi/vbyte, the fee cost for bitcoin transactions. In practice at 10 sats/vbyte it costs about $1-2 to send a normal-ish bitcoin tx.

>>49757446
I never thought about it that way. I just assumed it was for fee reasons, as the granularity of the BTC pairs is lower than LTC due to the price of btc, favoring the exchange in fees.

Is that why they don't have an XMR/LTC pair?

>>49758617
That would be my guess, to facilitate more LTC/BTC and BTC/XMR trades

>>49744912
>FLUORINE FERMI
best I can do is some slightly used uranium hexafluoride.

>>49701780
I don't hold it for the price action.

Price action is why I hold WOWnero

WHY ARE ALL OF THE LISTING ON LOCAL MONERO KYC???

FUAARRRRKKKKKK!!!!
I NEED TO SLUUUURRRRRPPPP

>>49759620
create your own buy order
only pay a 1% fee to LM

DON'T FORGET TO MINE ON P2POOL (MINI)
>DON'T FORGET TO MINE ON P2POOL (MINI)
DON'T FORGET TO MINE ON P2POOL (MINI)
>DON'T FORGET TO MINE ON P2POOL (MINI)

I'm watching that Monero Community Workgroup video.
Is it true that almost all Bitcoin mining is now within a Chinese oligopoly? Anyone knows anything about this?

>>49760269
It's been an open secret for years that Bitcoin mining is horribly centralized.

Specifically China, I believe that balance of power has shifted with their recent crackdowns. Most bitcoin mining happens in the USA now if I'm not mistaken.

>>49760269
Yeah pretty much.
Look up which mining pools hold the majority of Bitcoin's hashrate. It's mostly Chinese groups. That's what happens when you don't have ASIC resistance.

Hello frens. Not sure if this is the place to ask. I have a gift card that I have an ability to unload $5 to existing other gift cards of common stores across the USA. Unfortunately, I can’t get a visa prepaid card. I want to turn/trade a gift card (ie amazon, Nike, Starbucks, etc) that gets loaded with $5 to a visa prepaid card. Where and how can I do this? I need the $5 in visa form, I don’t want a gift card. Is there any market place that lets me convert the gift card to xmr and then I can buy a visa prepaid card with xmr?

>>49743153
No, anon. My pops is over on /fit and /k. He kind of scares me; yet I love him on principle.

>>49763577
Checked and very nice.

When are we getting rich lads?

>>49765436
2 weeks

>>49765436

As mentioned, next Thursday.

>>49762454

Should I move all my bitcoin to my monero wallet? Forcast is not looking good for btc.

>>49765909
>bitcoin to my monero wallet

That's not how it works, chief.

>>49765954
What?

>>49765975

You need to exchange coins first.

NEW THREAD: >>49766058
>NEW THREAD: >>49766058
NEW THREAD: >>49766058
>NEW THREAD: >>49766058
NEW THREAD: >>49766058
>NEW THREAD: >>49766058