/biz/ - Business & Finance

>>52677920
Probably because degens are hoarding it for buying drugs on alphabay.

>>52677920
because its bitcoin but better

>>52677920
Probably because anarcho-capitalism is inevitable

>>52677920
More and more dark markets are using xmr rather than btc.

>>52677920
By contrast remember how badly the bear market bled Monero out of sats in 2018? This is a genuine indication that this time really is different

>>52677920
Low iq savages had to go back to work once their crptorinos and bitcorn rugged, only smart money remains in the bear market

>>52677920
Dead cat bounce

>>52677920

Because Bitcoin is vastly overrated while Monero is the One True King.

>>52679067
>dead cat bounce
>an entire year

>>52677920
Normie cultists

turns out no exchanges actually hold enough xmr and now that it's no longer an up only market there is a greater focus on having 1:1 match of assets to liabilities

>>52678032
>picrel
Can you explain this? I don't get the Intel part.

>>52679250
>turns out no exchanges actually hold enough xmr
Why is this exclusive to Monero though, FTX blew their BTC reserves without anyone noticing. Sure, there was suspicion of insider trading, but not outright insolvency.

>>52679435
it is reference to old pentium floating point bug in hardware. FP64 operations are usually expected to be accurate to the nearest possible value, but there was a messed up LUT or something that would give bad outputs for some inputs.
https://en.wikipedia.org/wiki/Pentium_FDIV_bug

>>52678006
anarcho-anything is impossible for any situation lasting more than 24 hours and any region larger than a parking lot

>>52677920
have the glowniggers not sanctioned it yet? it's a honeypot if not.

>>52677920
because its the real bitcoin, the sooner you get this, the longer you can buy it cheap

>>52677920
Because its actually used for what bitcoin is advertised for.

>>52677920
you have it backwards. BTC hasn’t improved in years so every other coins on the market is beating it. it’s going down more than all its competitors, XMR isn’t going up

>>52679731
>have the glowniggers not sanctioned it yet? it's a honeypot if not.

>>52677920
when the shit starts hitting the fan the real safe asset shows itself

>>52679702
Thanks for the clarifying answer.

>>52679719
read about agorism and crypto-anarchism
it is literally inevitable

>>52680492
AHAHAHAAAAAA AAAAA HAHAHAHA

/biz/tards need to read /his/tory, or perhaps some proper /lit/erature like philosophy, or literally anything but wikipedia articles. none of your utopian ideals are "inevitable", let alone possible.

> "28. Buddhists, Christians, democrats, socialists, communists, anarchists: Precisely because none of them already have the utopia that they are all so desperately seeking, it'd be ridiculous to take their absurd, incoherent ravings seriously, as ridiculous, indeed, as taking business advice from a homeless person."

to state it more clearly,

> "407. [...] Lower still lies complete anarchism — savagery — which again can only be temporary, instantaneous even (if not utterly fictional). The moment the strongest men in the group step forward, new governments and government mixtures and nations spring forth, and the game begins anew."

>>52680492
is that some nick land bullshit?

>>52679171
macro = micro

Because it's unironically the most bitcoinish bitcoin that OG bitcoiners recognize as the goal of bitcoin all along.

Bitcoin started as a proof of concept and will remain an important public network. There was always going to be a proper solution for some of the PoC's shortcomings, and XMR is what the cypherpunks have collectively come up with.

It is what it is and it ain't tryina be nothing else.

>>52677920
>cbdctracker.org
Gee I wonder why

>>52680665
Where did you get those quotes?

>>52679437
The btc markets were way more liquid and ftx was in a relative sense a much smaller market participant. XMR CEX volume is concentrated amongst only a few exchanges. Binance alone is more than 25% of volume.

>>52680774
Orgy of the Will

>>52677966
nah there are other pre-2018 shitcoins doing just as well if not better than XMR

because it actually has a value a fungible currency.

>>52677966
Again. Another retard assuming that all activities surrounding privacy crypto is all about illegal activities

>>52678014
Well, it seems people are beginning to explore other blockchain based privacy solutions with better tech.

>>52680665
biz/tards need to read /his/tory,
Which Roman or Assyrian book do you recommend I check on on the internet. stupid nigger straw man.
Technologies exist independent of policies and politics. History if full of examples when a new technology changes the face of the planet forever.
When guns came to the ancient Japanese, the strongest samurai sad no and as a result got genocide-d by people who did embrace new tech. simple as. XMR or any other future iteration is a decentralized novel technology for which there is no president, just like the firs fire arms. While Buddhists, Christians, democrats, socialists, communists, anarchists were CENTRALIZED POLICIES, which succumb to corruption on both ends. You can not kill a technological idea. only delay or suppress it, and by historical president at huge cost to suppressors.

your not just wrong, but your soul is sick as well. your a cynic and a defeatist. the prefect cuck.Keep hording your fiat, give up your reproductive rights,don't own any property,let them take your kids away, depend on the governments as much as possible and have no skills I'm sure that's how you will win cattle brain.

>>52679813
where is your argument

>>52679731
>have the glowniggers not sanctioned it yet?
they did. Its delinted from most exchanges and crpyto atms, if vilified by the media (John Oliver), and constantly attacked by BTC bots, THE frigging WEF and OFAC are always writing recommendation and law to ban it.

The reason this anon >>52679813 called you a retard is because you shouldn't state (ask) the obvious. lurk more

>>52683923
keep flapping your lips subhuman, you're just making noise - i'm the only one who's talking, and evidently, not to you.

>>52684326
silence goy

>>52684363
meds, now >>>/x/

>>52677920
Because it's been absolute shitcoin status since 2018 and that's a tiny blip on the radar

>>52683727
Railgun? Can't see any other privacy solution that has maintained fairly high activity this H2

>>52680492
>it is literally inevitable
all the US gov't has to do is fuck with cashing out and impose huge retarded taxes on it and crypto is donezo

>>52678006
It's already happening.
>>52679719
Absolutely incorrect.

>>52684692
>It's already happening.
you really think this now when we haven't seen what regulations are going to be imposed on crypto following the FTX debacle?

>>52684692
To spell it out for you fucking retards, the moment any region is in anarchy, a powerful group of individuals will immediately band together in _some_ capacity and begin imposing order, and the situation is no longer anarchy. The only reason you retards fail to understand this, no matter how simply it is spelled out for you, is because you are effeminate faggots who would be the ones being subjugated rather than the subjugators, and continue to posture about "technological anarchism" as if it isn't inherently an oxymoron.

>>52679437
>Why is this exclusive to Monero though
because it's actually anonymous so cexs think they can get away with it

>>52684326
If anything you appear to be the sub-human. And this is coming from a bystander that just happened upon this thread.
>You can never hide the fact that the audience viewing the exchange will always see who the shady liar is.

>>52684838
> bystander
lost me there, subhuman. engage the arguments or get back to dilating.

>>52684856
>Lost me there, sub-human. Engage the argument, or get back to dilating.
Fixed your grammar, but I can't do anything about the humongous dick you have in your mouth.

>>52684650
>gov't has to do is fuck with cashing out
they did. removed from most exchanges. Still here
>>52684650
>huge retarded taxes on it and crypto is donezo

and it will so but because XMR is PRIVATE, it doesn't care. are you really this stupid BTC man.
Dark net markets are super illegal and they operate just fine

>>52684721
>regulations on the top privacy coin
Shit bro you need get a handicap parking space asap.

>>52684363
>silence goy
this. figured it out as well. They give a false straw man narrative, yet when confronted with evidence lash out with their racism, racial superiority and hatred of others>>52684326
>keep flapping your lips subhuman, you're just making noise - i'm the only one who's talking, and evidently, not to you.

https://www.youtube.com/watch?v=SECVGN4Bsgg

>>52684898
crime is inevitable, yes, but that doesn't mean society is going to restructure around some kind of crypto-dystopia where everyone's paying for groceries with hardware wallets full of monero

>>52684930
>but that doesn't mean society is going to restructure
true, but maybe it will and frankly who cares, if the world become a huge dystopia smart people will use any tool available to survive, so what if plebs get annihilated. We tried to warn them plenty. We don't need them to survive, dead weigh. In fact its good hat cheap labor and sex work will be available, someone needs to clean the toilets

>>52684449
ah so you're part of the, "the price can go to $0 even if there is exponential usage!" retards eh?

>>52684930
>crime is inevitable, yes, but that doesn't mean society is going to restructure around some kind of crypto-dystopia where everyone's paying for groceries with hardware wallets full of monero
monero to $10k does not require this, though, you fucking retards
we aren't trying to pay for burgers with monero
we are trying to capture a massive shadow economy between 7-65% of any given countries' GDP as cash is getting phased out; it's an asymmetric bet on the tightening of financial regulations that has been present since before cryptocurrency even existed
>https://www.imf.org/en/Publications/WP/Issues/2018/01/25/Shadow-Economies-Around-the-World-What-Did-We-Learn-Over-the-Last-20-Years-45583
>The average size of the shadow economy of the 158 countries over 1991 to 2015 is 31.9 percent. The largest ones are Zimbabwe with 60.6 percent, and Bolivia with 62.3 percent of GDP. The lowest ones are Austria with 8.9 percent, and Switzerland with 7.2 percent.
Monero can capture a FRACTION OF A PERCENT and demand a multi-thousand dollar price-tag.
screencap me.

luke skywalker buys monero

>>52686468
OMG MONERBROS! WE'RE JUST LIKE THE JEDIS DEFEATING THE EVIL EMPIRE!!!! MONERO TO THE ENDOR MOOOOOOOOON

>>52679719
This is Hillary's fav coin, you'll see.

>>52677920
bitcoin:
- a technological relic that's idolized by militant, autistic cultists
- volume is like 9 whales (i.e. every pedo and /or lolbert early adopter that knew what the fuck a "bitcoin" was in 2012) violently scam wicking leveraged positions 24/7
- any hypothetical regulation of bitcoin is very unlikely and completely lacking in legal precedence

monero:
- has actual utility, and is used as a real deal currency
- volume is an authentic, organic stream of internet crack sales
- whales are likely cartels and fed agencies
- muh privacy
- muh asic resistance
- and of course:
> regulation