/biz/ - Business & Finance

PREVIOUS THREAD: >>49931996

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.


>Help build the circular Monero economy! Buy/sell goods & services with XMR!

https://www.reddit.com/r/moneromarket/
https://monerica.com/
https://www.monerochan.art/

>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

>>49981531
previous thread has not yet hit the bump limit

>>49981531
would it be retarded to buy an expensive 32 or 64 core amd server cpu to mine xmr? or should i rather build multiple 5950x rigs? i don't give a fuck about ROI, just want to acoomulate as much as possible

Buy Zcash if you actually want to make it, you fucking degenerates.

>>49981708

How much are you paying for electricity?

>>49981605
>UNLESS it is subsidized by BTC transaction fees.

But that‘s exactly what‘s happening with the btc blockchain, no? The difference would be that the costs for securing the xmr blockchain are distributed evenly across all participants by tail emissions while on the costs for securing the btc blockchain are paid by the people whole fill the blocks with their transactions. Do I miss something?

>>49981785
Sorry, meant to quote >>49981619

>>49981726
>Buy Zcash if you actually want to make it, you fucking degenerates.

lol figures, you bootlickers talk big about "muh privacy" but deep down you're all just moonfags hoping to cash in on the revolution

>>49981785
>Do I miss something?

Think about how large fees would have to become in order to offset mining expenses.

>>49981726

lol yeah, as if you faggots are truly "in it for the tech"

>>49981531
1. Are there any safe iOS wallets?
2. What new or coming developments with regards to Monero?
3. is Tari a meme?

>>49981825

lol yeah, as if you faggots are truly "in it for the tech"

>>49981726
>Buy Zcash if you actually want to make it

Make it where? The poor house?

>>49981964

I'll remember you when l'm getting blown on my Mediterranean yacht.

>>49981960
>lol yeah, as if you faggots are truly "in it for the tech"

Yeah, we obsessively encourage moonfags to sell their bags just for the hell of it.

Stay woke and give my regards to your tranny CEO.

>>49982010

Stay poor, pedocoiner. Monero will crash and burn soon enough.

>>49981726
>trannycoin

Your devs are mentally ill

>>49981708
The ROI is bad.
block is mined every 2 minutes, 30 every hour. 720 a day.
at .6 XMR per block, 432 XMR minted daily, now fixed forever.
Global hashrate is at 2.74GH/s right now.
A single ryzen 5950x mines at 18KH/s.
So the global hashrate = 150,000 units of ryzen 5950x.
Add your single ryzen 5950x:
you would capture 1/150,001 * 432 XMR = .0029 XMR daily, which is currently like .38 USD/day?
Adding power costs to that, a non-virgin setup of a 5950x has 100w tdp as a low estimate using about 2.4kw/day.
cheapest in America in roughly .10 usd / kw, so .24 usd costs in electricity a day, about 7.50 usd a month, optimistically eats about 2/3 your profits. Will be worse once you factor in power cost of other components, cost of cooling etc.

The better reason mine is to protect the network. Assuming you could build a decent 5950x rig in bulk for about 1,000$ a unit, a 50% attack on the network would currently only cost 75 million in hardware (seems low considering 2.4 billion market cap). An attacker adding a large number of miners to the network would tank the reward rate and force for profit miners out, making this even easier. If every single retard mined .0001 monero/day on their shitbox, this would be significantly more expensive. You can help spit in the lake for monthly electricity cost of a Netflix subscription.

>>49982253

Your devs are criminals and informers.

>>49982342

>>49982342
Pic related

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

>>49981977
Just don’t cum in the guys hair

>>49982342
Glowniggers getting desperate. Sad.

>>49982469
Based

Do you get much action on the tor irc? I keep forgetting to try it out while I am ‘online’.

>>49981726
Making it as a token or as a privacy protocol. Zcash may have one of the strongest cryptography of privacy coins, limited tooling makes it hard for the average user to actually send private transactions. Railgun is much easier to use imo, you can make any confidential payment or private services you have received and receive donations without a third eye being able to view your donaton history
Keeping my wallet secured is more important to me atm than stacking any fucking coin.

>>49982498

Moneroniggers glow brightest.

>>49982646

Why do your memes suck so much?

>>49982505
fairly quiet lately

>>49982646
This is factually incorrect and you know what, you’re too fucking retarded to debate with so I’m going to head on over to the Zcash gener— oh wait. Nevermind.

<- making fuck you money

kek zniggers can't keep a general so they infest ours.

>>49981954
>2. What new or coming developments with regards to Monero?
We have another network upgrade which will increase the ring size, decrease the wallet sync times, and incorporate bulletproofs+ for smaller transaction sizes.

For the longer time horizon, we have Seraphis network upgrade which will greatly expand the monero network address scheme capabilities, along with introducing a new address format (xmr1...)

>>49981726
zec is cucked. maybe the spinoffs - arrr, hush, vrsc. otherwise xmr.

>>49982885
It's a Monero-chad meta trolling.
>>49981954
1. Monerodotcom I guess. The CLI is the best though and feather is also grat.
2. Hard Fork is coming soon
3. At this point, yes.

>>49982885
They know Zcash is trash, that's why they come here to destroy.
Griefers are a plague.

>>49982924
?

fuck xmr is mooning and I am yet to finish accumulating my suicide stack.
What you guys doing nowadays? Accumulating or awaiting for it to drop to 100 bucks range?

>>49982646
Why can't you stay in the zcash general?

>>49982976
Inflation is still giga high, crypto will come down over the next year

>>49983031
isn't inflation fueling the crypto bubble, tho? If inflation (and thus money printing) is high, why should the excess printed paper not go into crypto and inflate it?

>>49983049
Because excessive money printing is a precursor to high inflation.
With covid they printed a lot of money, which causes high inflation so we will see a lot more QT and people taking their money out of superficial stuff like crypto again.

>>49983135
Understood. Yeah, makes sense.
So, the best move might be waiting until the end of this year, and the next year's start. And not heeding to the fomo that the upward bump in XMR price causes.
The goal is to get as much XMR out of the same amount of cuckbucks as possible.

https://www.getmonero.org/2022/04/20/network-upgrade-july-2022.html

>The new software (v0.18 "Fluorine Fermi") will be released one month before the network upgrade, on the ~16th of June.


What's the hold up?

>>49983219
>What's the hold up?
What "hold up"?
The software compatible with the hard fork is released earlier than the activation, in order to give people a chance to update their monerod software to the upgraded one.

>>49983158
If you want to get as much xmr as possible you should buy in ~2015. Realistically, you should dca 1/18th of whatever amount you have in mind into xmr every month, starting now. By having a sound preset plan you will save yourself a lot of mental anguish. Alongside this, make sure to never look at the price until 18 months from now. It will not go to 0 because xmr is actually useful tech (as opposed to most crypto), the rest is irrelevant.

>>49983263
>If you want to get as much xmr as possible you should buy in ~2015.
Well, that ship has sailed, hasn't it.
>Realistically, you should dca 1/18th of whatever amount you have in mind into xmr every month, starting now.
I am already doing DCA, but I would like to know where this 1/18 figure comes from?
>Alongside this, make sure to never look at the price until 18 months from now.
Yes. XMR is my long-term hold. It's my hedge against the globohomo DEMON world.
Fuck WEF.
Fuck drag kween story hours.
I will not eat the bugs.
I will not let my sons get groomed into mutilating themselves.
I will print 3D guns.
I WILL FIGHT.

>>49983236
wow thanks I had no fucking clue now I am enlightened.

Obviously, now check the releases. It's the 26th.

>>49983408
You are welcome fren.
Keep following the releases.
Keep engaging in the community discussions.
Keep up the good fight.

>>49983385
>I am already doing DCA, but I would like to know where this 1/18 figure comes from?
Out of all US recessions in the last 100 years, the longest had a duration of 18 months.
>I WILL FIGHT.
Good luck.

>>49983454
Thanks for explaining.
Have a nice day.

>>49983466
You too.

>>49981708
>just want to acoomulate as much as possible
if that's the case you're better off just buying. i'd still make a ryzen 9 build just to secure the network and host a node.

>>49982256
why wouldnt you just use a used 3900x off ebay & get basically the same hashrate at half the cost??

>>49982256
also, there is a chance that XMR price appreciating in time to leave OP some profit not today, but in the future.

>>49985500
sex

>>49981726
o p t i o n a l p r i v a c y
p
t
i
o
n
a
l

>>49981785
>Do I miss something?
Yeah, last time bitcoin fees rose to like $40 or something everyone went "wtffff!!!!!!!" and jumped off to transact on eth, ltc, etc., and nowadays there's a huge push to move transactions off-chain with L2 and whatnot. Fees rapidly dropped back to sub-$10 levels because everyone rushed to move out of BTC and then stopped transacting as soon as they were able to.

And you'd need like $100/tx or more to secure the network currently.

>>49984558
This dumb argument again.
>spend $1000 on a rig
>make $0.5/day
>ROI of 2000 days to make $1000 worth of monero (and that's assuming the network doesn't actually grow in the meantime and keep tanking the returns)
>assuming that for five years the monero price is constant and then after five years it suddenly shoots up 5x, you now have $5000 worth of monero
>OR, buy $1000 worth of monero directly
>you now have $1000 worth of monero RIGHT NOW
>make the same profit if it shoots up later, but also lock in any profits if the price gradually rises over time
>also can just buy $1000 next year and now you have $2000 worth of monero (or however much depending on price action), instead of now having to wait 6 years total to get your monero

Building a miner "for future profit" is like some kind of bootleg DCA where you put down all the cost upfront but then only actually enter into the market at a drip-feed. Plus you have to spend effort on maintenance, and this is assuming 100% free electricity.

>>49984558
>>49985677
Look anons, the main priority to mine Monero isn't the perspective on huge profits. The devs barred ASIC miners for a reason and wanted to decentralize mining for average joe as much as possible, with the advantage of a pool mining when they implemented P2Pool.
I use it, despite knowing that i have a shitty hashrate myself and that i will most likely never get a single monero in return. even if i let my computer mine for years. But i support the network and try to use monero to buy goods and services as well as i use it to sell my stuff to people.

We all know how Bitcoin ended up as.
It went from a movement that wanted freedom and independency from the banking cartel to a speculation rapefest with exptremely high volatility, leaving no chance for merchants to provide goods for a stable price in BTC.
In- or de-flation keeps people from trading/buying goods with a currency.

If the trends in buying/selling BTC's and ETH's wouldn't affect other cryptos that much, Monero would be a much more stable coin as it is right now.
For me, priority lies more on making profit with the stuff i sell rather than profiting from ups and downs of the crypto i sell my stuff for. And it always worked well for me but could work much better, if the volatility would not be this extreme.

There's no option for me to mine on the p2pool network. I can only seem to do solo mining. Why?
I'm on Arch btw.

>>49986448
4chan thinks my post is spam, there are no obvious keywords I can see and I'm too tired to debug it so: https://hastebin.skyra.pw/raw/ubodevulap

>>49982885
Be receptive, anon. At the end of the day, it is a privacy enabling project

>>49983018
Is there one?

>>49986573
>There's no option for me to mine on the p2pool network.
Are you sure you have the newest version?
I'm running 0.17.3.2 GUI In advanced mode

Download it on getmonero.org

>>49986595
>4chan thinks my post is spam,
Sometimes 4chan is retarded and labels your posts as spam, even if you're not spamming. Weird.

And i fully agree with you in the comment you linked.
We really need decentralized platforms to trade stuff on and pay with Monero. This would help a lot.
Since i'm not a dev or any kind of IT related tard, i can't help with such projects but i plan on organizing local meetings to bring farmers and small business owners into the Monero Network.

>>49981726
Sure privacy coins are worth it but at this point, I won't be surprised if people actually begin to explore privacy protocols that are multi chain composable. ZCash is largely limited by that

>>49985573
Optional privacy = Zero privacy

>>49982537
Well, if privacy has the option to transparent, it might actually be a good thing if regulators keep the pressure up

>>49986728
>Since i'm not a dev or any kind of IT related tard, i can't help with such projects
There are a lot of ways you can help with projects even if you cannot code: https://invidious.flokinet.to/watch?v=FccdqCucVSI

>>49981960
i'd sure hope so, XMR chart is among the lamest to trade on

>>49986728
Yeah I've got the most recent version.
Also I have the full blockchain downloaded.
It's like the drop-down menu for choosing the mining method just doesn't work.

Do I need to actually install p2pool or something? I thought it came with the monero gui.

>>49986759
I cannot expect my grandma and other non-tech savvy people to use private transactions if they are not the default. This is clearly true, and less than 1% of all zcash transactions are completely private. So yeah, optional privacy is basically as good as no privacy.

>>49986867

>Do I need to actually install p2pool or something? I thought it came with the monero gui.
Well, both yes and no.

The dropdown menu should let you chose P2Pool. And the first time you push the "Mining" button you will be asked to download an additional plugin that installs itself.
You have to confirm this with "OK" button
Then it should be up and running.

For me, it took just some seconds to install and activate. And i was ready to mine on P2Pool.
Have you maybe blocked things from getting installed in your security adjustments in Linux itself?

>>49986728
>Sometimes 4chan is retarded and labels your posts as spam, even if you're not spamming.
Generally it uses some keywords to do that, I have no idea what triggered it in my post.

>>49986887
Hmm, I actually agree with you on this. Privacy should have high standard, especially when it comes to security. It should be absolute with no centralisation, security or custodial risk. Permission less and trust less protocols enabling privacy might actually become something huge

>>49987178
I know, but i'm also clueless about what words or phrases triggers the spam protection.
Numerous times it barred me from posting certain comments and i could edit and re write them with other sentences as much as i wanted. No chance.

>>49981977
>>49981726
how can you make it with that centralized, OPTIONAL privacy with a backdoor for muh goberment regulators? Quit smoking crack, you're better off making it with bitconnect than that shit.

>>49982646
Do you just troll or you don't understand that zcash isn't a privacy coin and that the faggot in charge is all for complying with regulators?

>>49981726
I'm going to write a copy pasta refuting Z-cash thanks.

>>49982537
The major problem with these is optional privacy. Though I don't know that railgun is optional but I imagine so.

>>49981960
The reason we like monero is cause we're all computer science majors kek

>>49983018
There isn't one

>>49986702
It's not though. 87% of Z-cash use is not using it's zsnark tech which begs the question"how many people think it's private when it isn't"

It's a glow nigger currency. Imagine tor with "optional security"

>>49989337
>I'm going to write a copy pasta refuting Z-cash thanks.

https://moneroinfodump.neocities.org#ZcashBlackpill
https://moneroinfodump.neocities.org#ZcashBlackpill
https://moneroinfodump.neocities.org#ZcashBlackpill
https://moneroinfodump.neocities.org#ZcashBlackpill
https://moneroinfodump.neocities.org#ZcashBlackpill

Seriously who is behind the company that developed cryptonote? It’s important to know this

https://bitcointalk.org/index.php?topic=512747.msg6766453#msg6766453

>>49990531

Elon Musk

Stay up to date with Monero news.

https://www.themoneromoon.com/

Subscribe for free!

>>49992576
Needs more Monero-chan.

Also BTC maxis have been busy coping over darkweb markets, thinking LN will save them, a good sign for Monero.

>>49994921

lol I love this, LN is DOA as far as the darknet is concerned, nobody cares.

>>49994921
It's pathetic.
Even more pathetic than xmr price action

>>49995345
>Even more pathetic than xmr price action

Price action in a highly irrational market is inherently meaningless.

>>49995345
>Oh no we get to buy low and sell high becauseost crypto investors are retarded

Honestly, the Monerochad/Z-tranny feud is cringe-

My gf is a pretty med t-girl dev and we're both constantly upping our XMR bags. We use XMR to buy quality black market estrogens for her. And I get to dress her up in Monerochan cosplay. In the end, the cucked Z-cash devs might be trannies, but even fucking trannies still actually use XMR to get their femboy juice cause it's actually useful for that purpose on specific DWMs.

Y'all can shit on trannies all you want, they're actually out there using XMR for what it's supposed to be used, buying quality HRT and passing. Meanwhile Z-trannies rely on shitty ass globohomo approved taxpayer funded HRT and look like fucking dudes.

Imma keep using XMR-funded DWM femboy juice to further feminize my domestic t-girl so we can collectively laugh harder at Z-trannies.

>>49996986
One thing this general collectively agrees on is that monero is for everyone.
What ever floats your boat.

>>49996986
>And I get to dress her up in Monerochan cosplay.

How you gon' say that and not post pics?

>>49996986
Wtf did I just read? In case this shit is for real, allow me one question. How do you cope with the fact that you will never have children? Not to judge just asking...

>>49981708
then buy monero with that money. its at a discount atm, together with all crypto. you're never gonna mine more than what you'll be able to buy right now

>>49997164
Biological progeny guaranteed at a scale out of reach for most people in the west by being a sperm donor in a certain jurisdiction that has a shortage. That's been handled.

As for raising our own, probably gonna pay a surrogate in Eastern Europe like 15 XMR or so to carry one for me then we raise it together.

Ez

>>49997076

Cute.

Honestly, can't wait till XMR gets big enough that they start selling Monerochan cosplays on fucking AliExpress or something and we get tons of egirls and traps parading around in skimpy Monerochan cosplays.

>>49997076
Also, uh... sauce?

>>49987955
>how can you make it with that centralized, OPTIONAL privacy with a backdoor for muh goberment regulators
that's how

I hate trannies so much it's unreal.

>>49998003
We should finance a kill team.
Oslo worked well.

I’m considering putting all of my money into this. Realistic price prediction in 2025?

>>49998217

If you're only looking to "make it" then perhaps you should be buying dog memes instead.

>>49982537
Railgun and Secret Network are two good privacy projects that I'm using but Secret is my favorite because it brings security to the application layer.

>>49998217
Don't buy any monero if buy low/sell high is your reason for doing so.

People like that are dead weight on the network.

>>49998003
based.

>>49998217
buy it if you're gonna use it the more monero gets traded the more value it grows its not like other shitcoins which you get and do nothing with this is supposed to be used like a real currency

Let´s make the get XMR related.

>>49981583
It's about Monero-chan, right?

CAW
CAW
CAW

>>50000052
this next one's going to hurt, isn't it?

https://www.getmonero.org/2022/04/20/network-upgrade-july-2022.html

>The new software (v0.18 "Fluorine Fermi") will be released one month before the network upgrade, on the ~16th of June.
>~16th of June

>>50001049
some dev on reddit said that there was a dely or something.

>>50001049
https://github.com/monero-project/monero/issues/8401

>>49981954
>1. Are there any safe iOS wallets?
if you're wanted by nation states or glowies? no
if you just want something that works and won't rug you? yes; see monero.com (or if you want more than JUST monero use CakeWallet itself)

>>49982256
>If every single retard mined .0001 monero/day on their shitbox, this would be significantly more expensive.
based
it's not about mining fat stacks of monero
it's about denying them to anyone else

>>49982646
>>49982342
if this is the best they've got, we already won bros

btw is zcash pumping transaction numbers? pic related shows a literal spike with no indication that this is natural. Also checking out the chain shows transactions with 0 visible or shielded inputs and outputs. Like
https://explorer.zcha.in/transactions/0f6e41d4c2d00c9ecad632366c69df687646702cbeb73cbbdba09781663eb7b5
https://explorer.zcha.in/transactions/26f8afc6cdda658b3524c701c65cdbfd4bf4e690823b903cd1543fcb004b7048
https://explorer.zcha.in/transactions/4ce68ff5d6793a7248e9ccb9222c0a5e55935632da854c9d26da7d73fa959e20
https://explorer.zcha.in/transactions/6560f5497a7b48bce3a2641f9f3e20d93c49e4b02fe00e832f0586b565996d35

But the entire transaction log seems to be littered with these. Are they getting this desperate or can someone explain this fuckery?

>>49981531
Where do I get that hoodie at?

>>49990531
If you don’t know the answer to this, then how do you know there is no back door like z trash?

>>50004559
who cares about backdoors in cryptonote

>>50001049
so there ares an external team that is supposed to audit the multisig fixes but they take their sweet ass time. hardfork will probably be delayed by 2 weeks, maybe longer

>>50004559
>company

Not everything good needs to be done by a for-profit entity. How about you learn Moneros history first.

>>50004074
taking a look through the few most recent .tsv dumps and holy shit yeah there are a LOT of transactions with 0 outputs right now.

>>49981726
>" If i need to buy Zcash to make it,
I dont wanna make it "
-Anon

>>50004619
>taking a look through the few most recent .tsv dumps and holy shit yeah there are a LOT of transactions with 0 outputs right now.
The worrying thing for me is the fact that the miner received a fee from nothing, no inputs. It goes from nowhere to nowhere. Where is that money coming from?

>>50005122
oh now THAT'S stinky.
>no inputs/outputs
How is that even possible though? Are we possibly just witnessing a feature of how zcash works but misinterpreting it as some funny business happening?

>>50005122
>>50005448
Kek this looks hilarious.
Occam's razor suggests this is probably some explorer failure? That, or their entire chain just broke, which would be unlikely but fascinating if that's really what's happening.

I dont think crypto biz outside of XMR general can contemplate how bad the coming bear market is going to be. I am moving my btc off exchange and swap into xmr to hold on wallet for decade plus. My thesis is that old oldfags from pre 2017 run that moved on to xmr or sold were right. XRP? Defi? Study the charts and you see btc was dead in water for years after 2013 blow off top. The mt gox trading bots conspiracy? This is all fake money being moved around and no actual floor has been made in nearly 10 years for crypto. Market makers were able to get away with things up until we had literal dog coins moving billions of dollars in marketcaps in a few days. All these lending platforms are blowing up, stablecoins are unsafe for real, and you have link schizos pointing fingers all over the place. We haven't seen the actual effects of interest rate hiking and supply chain problems yet that will bring stock markets down more.

>>50005592
>cont.
I think we will see a real meltdown this coming year and it will not return for years. The money in defi was just fake money like tether or other stablecoins being printed to manipulate "defi technology". Nothing of substance was built and why would they care? Its just mt gox exchanges with more liquidity to dump and manipulate charts. You could argue BTC deserved a fiat pricing when btc was used for exchange of goods but its not. BTC is just empty "collateral" for these manipulation games. Do kwon bought up a bunch of BTC with luna stablecoin fake money and BTC dumps when fake stablecoin money depegs. I don't know the nitty gritty but its just fake marketcap. "Stable"coins ruining crypto wasn't a meme my hypothesis should play out if I'm right here. My other theory is the "no regulations" thing. I really believe that feds want no regulations and clarity on crypto on purpose. Why would they want regulations? It would crash the defi fake money casino too fast. You come in with regulations after the dust settles and faith is gone in the unregulated market. Regulations when easy money is everywhere is unpopular. Regulations when people are broke are easy to pass.

Monero will always have a price because you NEED a price to buy some good with monero. Monero is not held by defi rich scammers that need it for collateral to make ends meet when their defi schemes implode. BTC is held hostage in this case and will experience worse price action in the heat of actual meltdown we will experience next year and the year after to come. Check XMR/BTC charts every time a lending platform goes under or a stablecoin depegs.

>>50004619
Maybe you should look into the history yourself

Have you seen what crypto zoidberg said about cryptonote and saberhagen?

https://m.youtube.com/watch?v=8TdRor-xFp0

>>49981531
I voted for the man in the pic

>>50005495
Maybe, but there are not many functional explorers to compare on, the fee seems to be different tho. I started looking because of the recent artificial spike in transactions. https://nitter.net/xenumonero/status/1541470541881671681 seems to be the answer, however these addresses and their tens of thousands of transactions seemed to have happened on June 10th, the spike today seems to be z-to-z transactions. Thought with them being 0 fee, the theory that it is a miner upset by the migration to PoS seems plausible to me. https://nitter.hu/xenumonero/status/1541481687057633282 But why use z-to-z then?

>>50005895
You're close but not quite there imo. The entire fiat ponzi is unravelling anon. We are in the end stages of an empire and starting to see the fall of the dollar with China and Russia starting to challenge it's dominance. BTC and XMR are the only assets designed to survive times like this and the only out for westerners to protect their wealth (gold can and will be confiscated). Their value in dollar terms may collapse in the coming months/years as people (wrongly) sell for dollars thinking they are safe but they will burnt as the US government is forced to inflate its debts away and start asset seizures to fund its ability protect itself from outside influences (given the dollar will become worthless when trading between countries). BTC and XMR will become defacto reserve for the wealthy and those who plan ahead and they will capture trillions of dollars (in today's worth) in value. People selling now are playing a game of chicken with the US government as if they decide they cannot keep the money printer off any longer they will get completely fucked if they are left holding dollars.

>>50005592
>>50005895
It's worse than that. Wall Street hedge funds were using BTC as margin collateral, knowing that as long as those wacky chinks kept printing more Tether and nobody dumped their bags, the price would go up forever. Then they started eating shit on housing, on China, on meme stock shorts (particularly GME), on tech stocks, on retail, etc. so they all doomped eet. At least half of the BTC collapse was Wall Street exiting their positions. Next time nobody is going to trust BTC as an institutional hedge because the market cap is too low to offer proper liquidity for large movements and so it ends up correlating to the fiat stock markets anyway. You'd need a multi trillion dollar market cap to provide stable liquidity for those hedgies, and so that's more likely to be XRP than BTC - forex on a blockchain rather than true cryptocurrency. XMR won't get dragged into that mess at all because it'd effectively be a giant money laundering machine bolted on to the side of the NYSE and the feds know exactly what would happen next.

What a good price to buy in?

>>50010996
Right now, unironically.

Fr. Coughlin, 1936: On the Fed.
https://youtu.be/RzLMRAz5G_4

>>50004609

Better to wait a lil longer then

>>49992455
checked

>>50004609
>multisig wallets

This will make the bisq/haveno fork a lot easier to develop, right?

>>50006485
>>50004619

Looking for feedback on this. I feel like this is a legitimate concern

monero is cool and all but is there any reason for it to pump?

>>50008680
>BTC margin call collateral on wall street
Where can you dig into this? No one considers where the mt gox 2013 bubble trading bots came from with all that money. Videos on that topic point at some random russian but its sketchy in itself. Bitcoin went from low hundreds to near 70k run when you consider tether starting in mid 2010s, then defi bubble in 2017 then defi getting bigger in late 2010s. I can see wall street being balls deep in stablecoin fake money printing though. Theres a never ending supply of do kwons with fintech bullshit on their resumes.

>>50008232
I dont see how wealthy would choose btc over xmr if crypto markets collapse down to these two choices. Blockchain analysis is big business to tradfi and btc is compromised. I would rather baghold xmr to low tens then btc to low hundreds if its going to get that bad.

>>49997076
Kakegurui righ?

>>49981531
Reminder that Monero bottomed at $37 during the Pandemic crash. You could have bought Monero for $40.

Isn't it weird how any other privacy coin thread get's clipped?
Isn't it weird how Monero advocates implore you to use it and only it?
Isn't it weird how fluffypony got picked up by the actual feds and is still a free man today?

>>50016158
>Isn't it weird how any other privacy coin thread get's clipped?

Nope, nobody uses them so obviously nobody gives a shit about any related threads.


>Isn't it weird how Monero advocates implore you to use it and only it?

Yes, you can totally rely on the privacy tech that nobody else is using.


>Isn't it weird how fluffypony got picked up by the actual feds and is still a free man today?

Oh wow, he must totally be an informer and shit!

>>50016158 (You)
Not really, thus far monero is the only properly implemented and executed privacy coin, so those first things don't surprise me and he was picked up by feds because he's a foreign national wanted for crimes committed in a foreign country.

Isn't it weird how fucking insufferable (You) are?

>>50004609
They just came through with the audit.

Reminder to be a Monero chad and to mine on P2Pool

monero's main problem, is precisely the lack of transparency. there are uses of money that are impossible to go forward if the market is a black box.
think of it this way, you don't want joe biden to fuck you over. you can't do it if his wallet is a black box and view keys won't cut it since he can transfer.
it's no accident that classic parallels of secrecy is the satanic pentagram (a closed circle of knowledge that is kept trapped).

>>50018139
>think of it this way, you don't want joe biden to fuck you over. you can't do it if his wallet is a black box and view keys won't cut it since he can transfer.

His wallet is already a black box to you. Adding everyone else to the list with the exception of the ukranian woman he buys children from changes nothing on your end

>>49989350
Railgun gives absolute privacy and there is no limit to the number of tokens or transactions it can keep anonymous.

>>50018139
yes, indeed, let's create a system of "transparency" where specific actors are able to circumvent it through loopholes and technical means while the average person is fully surveilled and data modelled for optimum citizen score.

privacy is a right, state governance as a concept will meet it's end before surveilled money becomes common tender.

people will spend inherently differently when they become acutely aware of how their spending is tracked and impacting their life. bartering is about to have its biggest comeback in history, and while the average citizen is busy trading handjobs for menthol cigarettes, word of "Monero" will spread organically by word of mouth. Soon they'll see that there's no need to jerk off your contraband nicotine dealer, you can simply pay him with Monero. Benjamin Franklin's ghost smiles down upon you both and a bald eagle screeches in the distance.

>>50020121
>people will spend inherently differently when they become acutely aware of how their spending is tracked and impacting their life
This may or may not be far too optimistic. There's zero secret about how facebook, google etc. operate, and yet normies do not give a single shit. Facebook literally only got some bad rep when the MSM decided to tell everyone to think "facebook bad" for a news cycle or two - which they did because some of its data was used, oh horror, to help blumpf's politics rather than their own. But then that news cycle ended and within a couple of months nobody cared anymore. And everything that's not facebook (so google, twitter, amazon, and yes paypal, visa...) nobody cared about even slightly because the MSM never bothered to tell them to think it's bad.

Chrome is a browser built by an advertising megacorporation which gets like 90% of its 250-billion dollar revenue directly from processing user data. 90% of revenue and something like 120% of the profits because all their other shit like google cloud is operating at a fucking loss.

Chrome has like 75-80% market share right now. Something like another 10% is safari from itoddlers that just use the default installed on their iphone/mac, another 5% is Edge/IE which is the same but for boomers on windows. This means that the VAST majority of normies who actually pick a new browser to install, make the conscious choice to install a literal adware browser. To give, to a company that makes hundreds of billions a year off of user data as its sole profit source, to give that company unfetterd access to every single aspect of their internet activity. That's the mindset of a normie.
When Chad wants to fuck Betty without Stacy knowing, he's not gonna pay in Monero, just as he's not gonna switch to running a private browser on a FOSS operating system. He's gonna switch his browser to private mode, then he's gonna use whatever payment method leds him tick a "don't show this transaction :)" option.

>>50018126
Mining with P2Pool, at 1212 H/s

>>50018126
I do. The payouts are much better than I got on moneroocean.

>>50020339
Monero doesn't need normies.
People are cattle and that's fine.
Monero just the top 1% (that has all the money anyway) to diversify their tax dodging schemes.

>>50020339
The problems you describe are just centralization vs decentralization. In centralized systems, companies trend towards being monopolies with monopolistic practices that destroy or gobble up the competition.

Facebook, Google, Apple, Microsoft, etc. Where's the alternatives to their products? All the centralized competitors got crushed. Where's the decentralized alternatives? There is none for the most part? There's nothing to really switch to that's good enough, or used enough.

Chrome? Yeah there's Brave browser, despite it being centralized and Chromium, it's an alternative that people can easily switch to. I used to be always using Microsoft Office, but now I use Libre Office, easy switch.

Now lets look at some decentralized things. Torrents? Oh no's, the centralized monopolies can't take down the Torrents because of piracy to their centralized distribution systems, ie. Steam, itune, Disney+, etc. They can't even get rid of all the pirate sites. Bitcoin?, it's been 10 years and they couldn't Gaddafi it...they got to manipulate and control it in other ways. War on drugs, oh no's couldn't win...got to legalize it.

IDK, what else is decentralized? 3d printers? Good luck banning those when fun stuff are being printed out more on those. I noticed a lot of electric bicycles and scooters being used now...good luck having the DMV requiring licensing/insurance/testing and such on them. You know they would if they could.

Anyways, my point is when there's a decentralized alternative, it's very hard for the centralized monopoly to take down. Having any alternative (competition) to switch to is a step in the right direction. When there's no real alternative, people are stuck...especially the normies.

If they allowed the monetary system collapsed in 2008 before there were any cryptos, instead of kicking the can down the road until now, they'd be laughing instead of trying so hard to regulate cryptos now since it's a threat to their new monetary system plans.

WHY can't we buy Monero via gift cards?
It's literally the best possible option for anonymously exchanging fiat to monero directly, and there is already an existing market for buying gift cards with monero.

>>49981619
tail emission is meaningless. it will literally never be enough to secure the network from reorg bounties. even a annual 2% inflationary emission would not be enough long term.

as for the security budget of monero it's a joke. you get more per block for btc than what you get for a day in monero.

>>50023298
Gift cards are just basically store credit (substitution for currency), a promise the bearer of the gift card is owed goods not currency. I guess somebody could make a card with a wallet seed written on it that contains X number of XMR on it, and sell it. But how is that any different than just selling XMR for fiat? The other problem is the value of XMR keeps changing, so the value of a XMR redemption card keeps changing. Normally with gift cards, the value of the goods aren't changing as much as XMR would...just very slowly being more expensive every year so the gift card holder is getting robbed by inflation when the store raises prices. With gift cards you're basically loaning the company money with negative interest rates (inflation).

>>50023298
Just sell gift cards for XMR, that's essentially "buying XMR via gift cards".

Just bought again, we're gonna dump.

>>50023283
That anon said "normies will see how their spending is tracked and rush to privacy!" My post was a counter-argument against that.

>Facebook
Is literally a data mining platform. It's not even that facebook tracks you, it's that it's a place for you to publicly declare everything you're doing. SUPER popular with normies.
Also the tracking is a thing, of course. uBlock Origin is trivial to install. I think something like ~10%-15% of people used adblocking last I checked. Meaning 80%+ of normies don't even bother blocking visible flashing ads that interrupt their browsing, pause their videos on youtube, etc. If they put up with that, how many do you think even spare a single thought to the invisible tracking scripts present in every page?

>Chrome
There's Brave. There's ungoogled-chromium, which granted can be more obscure to install, but if normies cared about privacy it could have been easily ported into a super convenient installer available everywhere. On mobile there's Bromite. These are all niche choices.

>Torrents
Netflix became of the biggest tech companies around. If it's in decline, it's not because of torrents, it's because streaming got so popular that two dozen competitors sprung up and now normies are getting annoyed at having to subscribe to six different streaming sites for the content they want.
>Bitcoin
Lmao literally nobody actually uses it. The adoption among normies for peer to peer payments is nil. I know because I shill it regularly when paying people (for commissions, small services, etc.) Now obviously if your goal is to find someone who will e.g. draw art for XMR, you can. But if your goal is to find some guy who you want to draw for you and then get him to accept any crypto whatsoever, you better be very convincing, or have the luck to stumble upon the very, very very rare person who's actually used it before.

I'm not saying decentralised alternatives are inherently failing. I'm saying mass adoption among normies isn't happening.

>>50023298
I think the issue is probably fungibility. Especially in an asymmetric, the "seller" may be a market maker, maybe even some business venture, or at least an enthusiast who does the selling long-term, not because they need a good right now but because it's profitable; meanwhile the "buyer" is an individual who wants to obtain a specific good as quickly and conveniently as possible.

In this scenario, you can have gift card buyers, because people may want to actually shop in a shop and will buy the card for that shop. So to satisfy that, you have gift card sellers which operate for profit and provide the service of exchanging XMR for gift cards.
But in the other direction, if you want to buy XMR, you find an XMR seller, and then you pay him - and the seller will have no use for a gift card, unless they're integrated in a secondary gift card economy where they can then offload it. I'm guessing nobody has just found it worthwhile yet to go through the effort of setting up trading this way.

Hence you'd probably need a p2p marketplace where gift cards are an accepted form of payment. >>50023591 basically, YOU have to be the "gift card seller" and find buyers for that specific gift card, because otherwise you're not gonna find "XMR sellers" who will take your gift card.

>>50023654
Effective privacy solutions require some technical skills because they haven't been made accessible to non-technical normies yet.

This is not an indication that normies do not want privacy, This is an indication that the privacy tech available needs to be made more accessible to less technically inclined users.

People can only do what they know how to do and most normies look at learning about digital privacy like it's a 30-foot-tall hydra, get discouraged and then fuck back off to what's easiest for them to use.

>>50023977
While there's a portion of the population who does care about privacy but is intimidated, I still think you guys are WAY overestimating the average normie.
Again, consider Facebook: it's literally a "let me post everything I'm fucking doing, in public" platform. There's no privacy-preserving alternative because the POINT of the platform is for you to publicize everything. It's one of the biggest websites and tech corporations around.
Consider adblocking. Even if ublock requires you to know about its existence, "adblock" is much more famous and much more people know what it is. You'd be astounded at the amount of normies who quite simply do not care. Not just can't be bothered to spend the ~10 seconds to open the extension browser, enter "adblock" and click install - but flat out don't care, and will just shrug and go "why? it doesn't bother me" when you mention adblocking. And that again is for VISIBLE ADS THAT DISRUPT BROWSING, not for some nebulous "privacy" or "tracking" behind the scenes.

Shit like Brave is EXACTLY as easy to install as Chrome. People don't use it anyway. In the Firefox vs. Chrome browser wars, "it's more private" held zero ground - Chrome rose up from nothing and crushed Firefox just because Google used their market share to tell everyone "btw you should totally use this". So everyone went "oh ok".

I think the only successful example of making normies care about privacy are VPN companies. They shelled out a mind-boggling amount of money on sponsorships and ads and successfully instilled into people a fear of "your data will be spied upon and that's baaaaaad! but you can protect yourself using a VPN, like us for example!". The amount of marketing that had be done for this is mind-boggling though - I feel like every youtube video with more than a few hundred thousand views published during 2016-2020 or so had a VPN sponsorship.

>>50023368
>tail emission is meaningless.
No it isn't. It's purpose is to reward miners who comply with an increase in dynamic block size, and if they don't, the block rewards is burned. You don't understand what you are talking about.
>as for the security budget of monero it's a joke. you get more per block for btc than what you get for a day in monero.
Is this retard seriously comparising the hash rates of Asics vs cpus, and of completely different mining algos?
>>50023654
Mass adoption of crypto is definitely not happening but that is why we must continue pushing to create a parallel economy. Your blackpilled viewpoint is cancer.

>use xmr
>xmr crashes
>basically just stole money from vendor
nothing personnel

>>50023654
That's fair. The problem with normies is they'll always choose convivence (or complacency) over security. Maybe a good majority of them will need to get burned really bad before they'll change their attitude on that. Sort of like people taking security more seriously after they get robbed. Maybe things will change with the normies after the coming inflation and monetary crash.

As for mass adoption, the switch and use of the thing needs to be easy/convenient, or the rewards of doing so have to be greater. Even though I'm technically & security inclined, I find myself unmotivated to keep all my programs/apps up to date, and to learn how to switch to things until I get around to feeling like it (have time to invest in the chore). It helps a lot when programs have self-updaters, and if setup/startup is very easy. For example, there was a lot of resistance to learn XMRig and Gminer, but it turned out a lot more easier and simple than I had thought. But still I had to follow a guide on a website, and sort of figure out the switches and config files. Good luck with that normies. Although the XMR gui wallet was incredibly easy to learn by just running it, and I think that'll go a long way towards helping adoption.

On the flip side, if a normie goes to the bank, they got staff that will walk them through opening an account and doing stuff. ATM machine too complicated, go talk to a teller. At the store, self-checkout too complicated, talk to a cashier that will do everything for them. Normie gets hired for a job, HR will walk them through everything, and they'll get taught how to do it by somebody. It's all a lot more convenient than something like self-employment or opening a business where the person has to find and learn everything themselves. So normies are conditioned to expect convenience, thus much higher adoption because of all the resources spent on walking them through stuff. It's the saying of people will take the path of least resistance.

>>50024596
vendors have to adjust prices in real time to match fiat equivalents if they wish to be fair, if you buy coins on Binance there is a seconds window where the price you see on the screen is valid, after that they will feed you a new price, but i guess in the dark web those kinds of systems would be very hard to implement, since most pages are very static with little to no client side scripting

>>50025083
You could trivially have a backend check. Just have the page say "this is valid for the next ~30 seconds" or whatever. With a bit of UX design to make sure it's convenient to actually check the price and confirm the order within 30 seconds, it'd be fine.
The real issue is that exchanges don't need to liquidate to fiat as such since they are just there to facilitate trades, but DNMs do if they want to lock in value, and I would be surprised if they could offramp every order within 30 seconds or even a few minutes. I'm guessing the process is much slower, and/or they might also hold some (or all) of the XMR for using in turn.

>>50024596
>bought 50 sheets of research acid @ 180€
>a decade of 100% pure acid, nearly half off
nothing personelle

>>50026440
*tabs, sheets would have been insande

>>50027956
https://youtu.be/iKjoSxjRNjI?t=19

>>50013905
The crickets are concerning

XMR global reserve currency when?

>>50029037
as soon as you buy it.

>>50029488
Checked.

>>50024759
>On the flip side, if a normie goes to the bank, they got staff that will walk them through opening an account and doing stuff
>you must set up an appointment to make a deposit or a withdrawal because COVID :^)
>only open during inconvenient times for working people
>fees and fees and fees
>spit on the goyim who allow them to exist

OR normies can actually be given help 24/7 by a monerochad in the xmr/g or anywhere else online

>>50026440
>pure acid
H2SO4 or HCL?

>>50016292
>pretends to fit in by using an anti-ztrash meme
>totally not an acting-in-bad-faith concern troll

>watch xmr redpill video
>muh 80% of all USdollarinos were printed since 2020
I just found out this might be all bullshit. Apparently in April 2020 savings were included in the M1 money supply data hence the dramatic increase in "printing", as per this source:
https://fredblog.stlouisfed.org/2021/05/savings-are-now-more-liquid-and-part-of-m1-money/?utm_source=series_page&utm_medium=related_content&utm_term=related_resources&utm_campaign=fredblog

Can a non-retarded anon explain this to me?
> t. retarded anon

>>50032975
They don't even track M1 anymore and this doesn't explain why M2 (which they've also reworked) went up instead of down

>>50021097
based
with this hash you might consider mining on P2Pool mini if you aren't already

>>50034095
quick guide on P2Pool tiers by level of equipment
P2Pool Main: I own a network of 10 or more machines to mine with.
P2Pool Mini: I own a few okay CPU's to mine with.
P2Pool Micro: I own a phone or single laptop from 2007 to mine with.
P2Pool Nano: I own a pen, a piece of paper, and a description of RandomX.
P2Pool Pico: I have stick and rock.

>>50034095
I'm on P2Pool Mini already.

https://www.youtube.com/watch?v=ni1BfAxBnK0
Highly recommend, legit wtf Bitcoin maxi think bitcoin privacy is easy?

Sethforprivacy is supposedly going on the What BItcoin Did podcast soon

>>50006485
Who is behind cryptonote

>>50034927
honestly if you actually do put in the effort you can use Bitcoin privately. It's just that normies will never do that. Like never. They will just use Monero. The proof of this? Dark net markets.
I respect Matt Odell for what he stands for but it is pissing in the wind compared to what atomic swaps will bring.

>>50032975
IIRC it's something like, they didn't print literally 80% of the money supply - that's due to the accounting change yes. But they did print a metric shitton. (Maybe the accounting change was specifically made to obscure things, so people who don't care to look deep could dismiss it as "conspiracy theories that don't even bother to check where the data is coming from"?)

>>50030827
Well yeah, if fiat gets more inconvenient like with the coof, or when it goes to zero...then that increases the incentive to adopt XMR. What can also help adoption is if there's more goods and services available for exchange with XMR (it also increases XMR's value). I just searched Craigslist and there were no matches for XMR where I am, and 30-ish matches for BTC and 30-ish for ETH. If everything on Craigslist was available for XMR, adoption and it's value will increase dramatically. I don't know anything about XMR's black market uses other than hearsay, but if it's all true, then it helped XMR a lot due to having "exclusive goods and services" available that were less accessible by fiat and normie means.

Do we think bitcoin might do another leg down soon, thus taking XMR with it? I am debating on making a purchase, and would rather do it now if it's going to go down. But if it's gonna go up, I'd rather wait until then to make the purchase. What do you think will happen within the next week or two?

>>50037019
There's still enough top-heavy dumb money in the space that it's fully within Bitcoin's potential to see another massive leg down. Coinbase + Nexo are two big proximate risks of collapsing, not to mention the Celsius fiasco still isn't over. That being said, no one can predict how things are going to go.

I
>personally
think we will see another big collapse down to 15k, but that's gut feeling more than anything. I would say if you own zero XMR currently it's probably wise to buy some amount now instead of trying to time the bottom and risk getting left behind.

>>50006485
This is supposed to be the place to get the best info on XMR and I can even get a witty troll response?

Did I actually find a plot hole?

>>49982646
>zionchan
>holding a cross

>>50036231
I like Matt but his resistance to XMR is bizarre

It's literally what he think BTC should be, except you don't need hours of podcasts talking to autists about utxos or whatever, it justwerx

UR PEDO COIN WILL GET DECRYPTED AND EXPOSED FOR BEING SHIT
FUCK YOU

>>50039767
The federal reserve didn't get your message.
Wrong thread.

>>50039730
I don't understand why you wouldn't immediately flip all your buttcoins for a ton of XMR once you got that far. It's obviously the better software and you get a huge discount for being early.

>>50040084

Probably still holds out hope that Bitcoin will "some way, somehow" manage to overcome all obstacles to become the ONE TRUE WORLD CURRENCY.

But I wouldn't be surprised if he's the first prominent Bitfag to jump ship, he seems to actually care about privacy and fungibility.

>>50040318
I wonder if btc whales are going to swap their bags once the fork and swaps are live.
You would be stupid not to right?

>>50034927
>Sethforprivacy is supposedly going on the What BItcoin Did podcast soon
He's done other maxipad podcasts and spends more time telling the host that king shitcoin should integrate privacy features than he does promoting Monero.

>>50037019
I agree with Arthur Hayes analysis that July 2nd-4th is a strong contender for a massive dump

>>50040397
>I wonder if btc whales are going to swap their bags once the fork and swaps are live.

Not enough liquidity to do so at scale yet. But it would be a good idea to keep an eye on whale wallet activity in future.

As confidence in BTC begins to erode beyond the darknet we can expect to see some intredasting shit.

>>50040581
>spends more time telling the host that king shitcoin should integrate privacy features than he does promoting Monero.

Because he knows it'll never happen

i just boughted some more xmr
i now have almost 4
am igmi now bros?

>>50041569
Pick out your Lambo and complementary real life Monerochan anon, they are already yours.

>>50034274
kek

>>50034437
based

>>49998757

kek just put another xx.xx into cold storage

drns

>>49981531
Tell me when your coin has a limited supply and doesn't cripple PoW competition and security with communist hashrate redistribution anti-ASIC forks. Until then you're part of the problem.

>>49981531
Monero has a 51% attack risk

>>50042300
Thanks for stating the obvious, its not like every other coin also has a 51% attack risk

>>50042270
You will have a (relative to other coins) fair chance of mining a block, and you will be happy

>>50042270
>Until then you're part of the problem.

U MAD

>>50042270
Tell me when btc doesn't cripple PoW competition and security with little to no inventive to mine come 2140.

>>50042270
https://youtu.be/wFNr9FnpZBk

>>50042424
BTC is unsuitable for payments so I don't disagree there.
The incentive on Bitcoin (Cash) after block rewards run out will be transaction fees paid by billions of users.

"Otherwise we couldn't have a finite limit of 21 million coins, because there would always need to be some minimum reward for generating. In a few decades when the reward gets too small, the transaction fee will become the main compensation for nodes. I'm sure that in 20 years there will either be very large transaction volume or no volume." Satoshi Nakamoto

>>49997164
>In case this shit is for real

>>50042521
>I'm sure that in 20 years there will either be very large transaction volume or no volume."
Probably the latter because I don't think anyone will be using it as a currency once they find out that everyone can see all their financial data.

>>50042620
Touché. Decentralized mixing is already implemented with CashFusion but I do believe privacy by default will be enabled at some point like on Monero.

>>50042699
>Touché. Decentralized mixing is already implemented with CashFusion
Im not really sure how decentralized the mixing is, since it still has coordinating servers and on the cashfusion website they say currently, the fewer servers, the better.
On top of that, cashfusion just seems to be coinjoin, which just means only outputs being spent at the same time you are spending can be used, which isn't anywhere near as private as how ring signatures work today. And this wasn't cover by the FAQ, but I feel like your transactions will take longer if there are not many people using it, or not go through entirely if the coordination server goes down or censored.

>>50042582
Not memeing or anything. An IRL trans friend of mine had her neovagina done a year ago. Killed herself a few weeks ago and I saw it coming. This shit is modern day lobotomy. Detransition.

>>50006485
Who created cryptonote?

>>50043033

Who fucking cares? Trust the code, not who writes it.

>>49981726

Nope, Z-cash is going to zero fag.

>>50043033
Martin Shkreli

>>49996986

The Z-cash devs are giga hons anyway

>>50041569
>almost 4
Let me tell you lies sweet little lies.
The future is bright.
You are no longer anon.
You are sir anon from now on.
Bitches want to be with you, man want to be you.
We are looking at not one but several lambos with this stash.
You probably still won't be able to buy a house tho, shit is ridiculous.

>>50037019
Buy now
Buy the dip if there's another one
And remember, you should never actually buy monero, and nobody actually owns any monero, except in minecraft

>>50042300
Byzantine voting algorithms have a 51% attack risk by design

>>50043163
wtf bought $10k

>>50042972
What did they think of the neovag

>>50042270
Tell me when your coin can be used without
>everyone seeing how much you earn
>needing to go off-chain to make it usable as currency
by default thx

Until then we're content to keep our transactions simple and private with XMR

>>50042270
Dude, the exact same things you want to have implemented in Monero are what fucked up the Bitcoin and made it a money milking gambling coin.

Good Morning, /XMR/ General!

>>50042270
>communist hashrate redistribution

Stealing from literal communists isn't communist

Tapping in

>>49996986
Based QT Monerochan tranner vs gigahon Z-Cash troon

>>50042582
what a horrifying image.

https://www.youtube.com/watch?v=6dOwHzCHfgA

>>50045199
https://youtu.be/B-8EORB783c

POOMPA
*BANG BANG*
POOMPA
*BANG BANG*
POOMPA
*BANG BANG*

>>50042221
fucking squatter

SethforPrivacy's interview is up on the What Bitcoin Did podcast.

https://www.youtube.com/watch?v=wfZU1hxGrk8

>>50047588
o7 to keeping this thread alive for 3+ days
/biz/'s most unsung hero.

>>50040697
>wallet
The whale may have connected his wallet to a privacy platform like Railgun because it allows to keep an unlimited number of tokens anonymous unlike other privacy platforms to desist from some prying motherfucking eyes like yours, fag.

i love xmr-chan so much

>>50004074
>>50004619
>>50005122
Looked more into this. It's literally someone spamming vanity address tx's that say hilarious shit such as,
>t1ZookoisALiarxxxxxxxxxxxxxxxvWqE9Q
>t1ZookoPAYDAiRAandSEANMoRExxxwGTRjm
>t1ZookoPAYScroniesxxxxxxxxxxy1VSEWJ
go ahead and look up these addresses on a block explorer. Kek. 20k+ tx's on each address since May.
it's hysterical because cringe twitter accounts like "Documenting Zcash" are celebrating the "new TX ATH" while nobody actually uses the fucking thing.

Buy Zcash, retards, crime coins will never see mainstream adoption.

>>50049922

Organic growth is happening, just wait until Musk discovers Zcash.

>>50050982
See you in the zcash general
>if it existed :^)

DAILY REMINDER:
>sex

>>50051037
>Organic growth is happening
>just wait
lol which is it, retard?

>>50046036
>SethforPrivacy's interview is up on the What Bitcoin Did podcast.

Cue impotent maxipad rage.

>>50051081

Yeah, cuz you niggers cant stop with the FUD.

>>50051306

Read between the lines, moron.

>>50050982
>Buy Zcash, retards, crime coins will never see mainstream adoption.

Monero doesn't need mainstream adoption.

>>50051481

Cope

Why are you responding to the obvious meta troll? Lol

>>50051349
Who the hell is that and why does he look like that? Is it a tranny?

>>50051521
>Cope

That's rich, tell us all about how Wall Street will be flocking to Zcash any day now.

>MORE ztranny fud than normal
Bullish.

Are there any monerochans wearing a hood?

>>50051622
>Who the hell is that and why does he look like that? Is it a tranny?

Who knows these days?

Why do Zcash trannies always come /XMR/ general ? Why can't they make their own general and let us talk about Mpnero ?

>>50051740
Because it's not about shilling zcash, it's about ruining monero's image.

>>50051740

Because you faggots raid every general we start and FUD Zcash at every opportunity.

Play nice or suffer the consequences.

>>50051102
>with

>>50051808
>suffer the consequences.
Kek.

>>50051808
>>Play nice or suffer the consequences.

lol is that a threat? You dipshits lack both the intelligence and the numbers to back that shit up. Enjoy your slow descent into irrelevancy.

>>50051949

There are more of us than you realize, watching....waiting.

>>50051740
It's a larping monerochad

>>50052274

You wish.

>>49981726
Doesn't sounds right by 1bit pajet.
If I got your energy in shilling shits, would have channelled it in playing P2E game and horning my skills to earn more by winning my opponents

>>50052129

Low T detected

>>50052787

Sneed

>>50010996
dca

>>50053604

Your memes suck so hard.

>>50051808
>Because you faggots raid every general we start and FUD Zcash at every opportunity.
The reason there is no Zcash general is because Zcash is an intellectually bankrupt corporate-controlled monstrosity that shits on everything cryptocurrency, especially a "privacy oriented" cryptocurrency, is supposed to stand for and anybody that does any serious research can figure this out after about 10 minutes of investigation. There is nothing to talk about when it comes to Zcash because it was founded on such abysmal premises.

NEW THREAD: >>50054018
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>NEW THREAD: >>50054018