/biz/ - Business & Finance

>>54711463
except it seems you forgot xmr hasn't made a new high since 5 years AGO

LOL

>>54711472
And that's a good thing!

>>54711472
>>54711489
yes you have a nigger tier brain and think on 5 year timescales, instead of 20 or 30 year timescales

is it an investment or a currency?
it can't work as both

>>54711511
it's the same as gold

low inflation rate, currency and store of value

>>54711496
>Crypto
>20 or 30 year timescales
LMAO

>>54711521
indeed, maybe you just don't understand the future

you will never have mass adoption if big money can't have transparency

even discounting the kike inflation the USD has suffered, the majority of wealth is commercial and they will never ever ever use a currency that can't be easily audited

BEST case scenario is it plays a utility token to something else (like Bitcoin), which already has privacy tools available to it

love the community, but literally "token (mostly) not needed"

dero is better

>>54711581
>derivatives markets default
>big money is gone
Simple as. Why do we care so much over what they want? They're idiots.

>>54711589
>derivatives markets default
>big money is gone
>Simple as
are you fucking retarded?

there is always big money, no matter what dollar amount you place on it

business is always big money, there will always be business; what don't you get about that?
you think just because a bunch of kikes lose imaginary shekels that everyone will suddenly be equal?

>>54711511
Checked
Is a currency, and thats why I love Monero

>>54711630
and investment, because it has the same supply structure as gold

>>54711581
bitcoin is mined and controlled by the cia, they can shut down the centralized mining efforts at any time

bitcoin also will have over 50 percent of the supply locked in dead wallets over the next 30 years, making it totally unviable, in addition to halvings making the cost to mine prohibitive and impossible, further centralizing the project and opening it to 51 percent attack

monero wins, you're a gay niggershill and you lost, take your ball back to your superiors and whine about it

>>54711637
>bitcoin is mined and controlled by the cia
>bitcoin also will have over 50 percent of the supply locked in dead wallets over the next 30 years
>halvings making the cost to mine prohibitive and impossible
anon, if BTC is controlled by the CIA, none of your other predictions matter because they control it remember?

take your fucking meds retard

let us note the definitions of money I will work with
1.) fungible
2.) durable
3.) divisible
4.) portable
5.) recognizable / acceptable
6.) scarce

Honorable mention some argue are needed for money
7.) stability (no new money can achieve this till adoption levels out)
8.) utility (i.e. inherently valuable)

>>54711463
by the above not a currency
monero is pure money (unlike BTC due to fungibility)
the only argument stating it is not is the utility.
but there are also arguments that it is inherently useful due to its properties
the properties not being physical is the value add

>>54711512
gold also isn't a currency

>>54711584
why

>>54711648
the cia is pumping up the hype and many people will suffer when they dump on you, because it is controlled by blockstream who are jew bankers, and the cia

but honestly, if you die or go broke it doesn't really affect me

>>54711663
gold is a currency, and was a currency for over 1000 years

you are a retarded faggot

and xmr is digital gold

>>54711665
so Bitcoin is controlled by the CIA, but it's actually controlled by Blockstream (a Canadian company lol) and the CIA?

if a company was a CIA shell, it would be American 100% so they could squeeze it legally if necessary, and it would also have a kike in charge

monero survives if bitcoin survives
monero dies if bitcoin dies

you're just taking more risk than you are buying bitcoin hoping for more upside, but that upside seemingly ran out after 2017 like most alts of that era.

>>54711690
they work together, idiot

just like the fbi and twitter worked together

government and corporations are joint ventures

>>54711705
bitcoin is a worthless husk full of glow niggers and low iq religiously minded morons

>>54711694
low time preference, moron, I honestly hope we have 2 more years of bear market and don't make a breakout move to 1k, which is coming

>>54711690
its just more midwit cope from an {altcoin}-maxi.
monero is a nice idea but it's only able to survive in the shadow of bitcoin like most alts. it's woefully insecure with its minimal hash rate, it needs a full rewrite to keep up with the minimum viable privacy cryptography of the future, and if you've ever looked at the monero codebase you'll know what a complete disaster it is.

it's very much a blockchain of its current time, with no real path forward into the future without a large investment of time and money. very possible for it to get, but people have to care about monero's success instead of simply dealing with any private digital currency of the future.

most of the people actually using monero (not bagholders like >>54711512) seemingly aren't willing to fund it's continued development and evolution, they're just there while it works and will skip town to something else like many did with tornado cash before it got sanctioned.

monero is in dire need of funding and has a serious dearth of development talent. no amount of bagholder cope is going to help monero now, or it'll end up like other dead alts with insane communities like raiblocks/nano.

>>54711765
monero is the only functioning cryptocurrency, and will be in 10 years 20 years 50 years and beyond, the trash you peddle will be pump and dumped and fall to 0 with jew bankers and the cia laughing all the way

you are a gullible piece of trash, and you get what you deserve

>>54711734
>>54711780
oh the irony. stay in your containment thread if you don't actually know anything about monero other than saylorisms

>>54711793
you guys aren't paid enough to lose

>>54711728
>just like the fbi and twitter worked together
>government and corporations are joint ventures
yeah sure, but they don't work with foreign companies in the same way because they don't have the legal means to throw people in supermax prisons for not cooperating

the idea the CIA is controlling a gigantic asset like Bitcoin (just to dump it later??) through a Canadian company is the dumbest thing i've read this morning

>>54711799
monero is a technology, and it's technology is rotten at the core. the utility it provides is real, but as long as it's full of midwit maxis like you that don't understand what makes monero tick it's doomed to irrelevance.

are you willing to throw a few thousand xmr at the developers to upgrade monero for the long term future? do you even have a few thousand xmr? if you don't then you need to sit down.

monero's problems are not going to be solved by trying to get retail to buy some pocket change worth of xmr. it needs real users, not desperage bagholders, and it needs real developers, not larping midwits like fluffypony.

>>54711823
the cia worked with the bitcoin project, and blockstream to shape bitcoin into what it is today

which is why the believers in bitcoin forked it into what satoshi's original vision of the project was

either way satoshi abandoned bitcoin because he saw it as a first attempt, noble, but not good enough

he even mentioned ring signatures in his forum posts


monero is truly satoshis vision and basically all of the improvements he was considering making

and yes, the cia will dump on you and it will be painful, and every day, it becomes more apparent and hilarious to see you retards squirm

mining is centralized between a few companies, the cia and blockstream control them

>>54711846
xmr with 0 improvements survives and thrives for atleast 200 more years, possibly more, the only way it could be cracked is if a white ethnostate with perfect conditions somehow tirelessly worked together for 100 years with the sole purpose of cracking monero, but that will never happen because there is no incentive to do so

>>54711854
if you actually believe bitcoin can so easily be compromised, why would you think an altcoin with <10% of the developers, <10% of the security, and <10% of the users would be able to fight off a magical power that's compromised a chain an order of magnitude larger?

>>54711865
xmr with zero improvements today is deanonymized fully by the end of the decade, at the latest.
again, if you didn't have an african iq you'd understand how monero's privacy works and why it's vulnerable today to attacks that even someone as poor as you can afford.

>>54711882
because a cryptocurrency is only as strong as it's design

and monero has perfect design

bitcoin has purposely shit design and is controlled opposition

xmr will not fall because world conditions are not so that the people with the talent will be focused on cracking it, because that would be stupid and unprofitable, and it will never happen

>>54711906
not a single person that's ever written a line of code for monero, or bytecoin, believes that monero without any upgrades can survive for 100 years.

the only person that glows in this thread is you.

>>54711913
you haven't asked any of them so you don't know that

and they'll never answer you because you're a pathetic cia worm shill

>>54711672
youre a retard who may understand compsci but hasn't picked up a macro econ book
sure XMR and gold MAYBE used as currencies
but they are money

and
currency : money
as
rectangle : square

Friendly reminder that Sonanza Market, which originally launched as a dual BTC/XMR market has just announced they're shitcanning Bitcoin and going fully Monero-only.

>Sonanza Market is now almost 11 months old and we've been working hard throughout this time to ensure we can offer the best experience to buyers and vendors alike. We recently took the decision to switch to XMR only in the interests of ensuring the best possible security and safety. We truly believe XMR is the gold standard in that regard.

Really makes you think.

>>54712014
xmr and gold are money, and long term investments because of a near 0 inflation rate, fungibility, and scarcity

>>54712023
based

>>54711694

Ah, the Appeal to Historic Price Action in an Irrational Market. Is this supposed to be taken seriously or something?

>>54711463
There's an infinite supply of it. I'm not being liquidity for some Indonesian hacker to buy gay hookers to piss on him with.

Reminder monero holders also hold a big stash of child porn and tranny hormones

>>54711463
I hold a small bag of monero but fucking hell, the amount of effort that goes into shilling it on this board is crazy

xmr zec sylo, the only privacy focused projects I hold

>>54712063
there is an infinite supply of gold in the universe as well, but in reality there is only around a 1 percent inflation rate or less

which is neccesary because some supply will be lost over time, it also keeps the miners happy and secures the network contributing to over 200 years of guaranteed stability

>>54712034
Tell me this isn't pure hopium?

>>54712071
cuck

>>54712034
>xmr and gold are money, and long term investments because of a near 0 inflation rate, fungibility, and scarcity

Monero being on the cocaine standard doesn't hurt either.

>>54712071
It can't be audited, so you have to assume someone somewhere found an inflation bug in any one of the several dozens hard forks over the years and has an infinite supply of this shitcoin.

Reminder that buying monero on kraken on your phone and holding on an app from the app store doesn't give you magic anonymity. Monero shills are basic shitcoin moonboy larpers.

>>54712090
it is a fact, and you are cia

>>54712108
>It can't be audited

How wonderfully retarded lol

>>54712108
it can and has been audited and a monerochad will be here shortly with the links and data proving you wrong

>>54712086
Gold hasn't hard forked dozens of times and there's no Indonesian man that is holding a trillion ounces of gold he exploited on a computer.

>>54712121
Showing me the intended emissions schedule from the latest update doesn't prove that someone does not hold an infinite amount of the worst performing shitcoin ever (suspiciously so even).

>>54712123
most of the gold in the world sits in a jew vault collecting dust, so if you want to pump jew bags you should buy more gold

gold isn't bad because you can't deny it is perfect physical money, like monero is perfect digital money

the IQ bell curve meme doesn't really apply here. low IQ people don't use monero. the learning curve compared to bitcoin is really steep

>>54712143
someone else who has saved the data to refute this fud will be with you shortly, I assure you, maybe you could ask in the xmr general if you want a quicker answer

>>54712153
niggers and mexicans are actually a large percentage of darknet market traffic or atleast a part of it

they are verifiably low iq but some of them are using monero for its intended purpose

>>54712172
How bad do you think the anonymity set is after exchanges report the details of all Monero transactions to chainanal and they get to instantly subtract those?

>>54712232
At least cryptonote isnt suspicious at all and didn't just pop up with arbitrary constants to be glued to a shitcoin out of nowhere or anything.

Reminder that monero is magic privacy from the convenience of your iPhone

>>54712232
0 percent worse than before whatever magical scenario you just thought up in your head

>>54712267
it didn't just pop up, a group of developers worked on it and improved it over a period of years, to make it better than bitcoin

>>54712159

>Muh Inflation Bugz

1. RingCT has had multiple 3rd party code audits. No bugs found.
2. The MIC (Monero Inflation Checker) project has examined TX activity specifically looking for inflationary anomalies. None found.
3. Monero suffers from the same paper crypto issues as Bitcoin i.e. suspended withdrawals due to lack of available supply. Self-evident.

>>54712334
The magic scenario of 95% of monero transactions being kyc'd purchases on exchanges? This is just objectively true.

>>54712363
uh no, they aren't

the whole, privacy thing eliminates that

>>54712354
lmao
>muh code audits
>muh monero inflation paranoia discord

>>54712354
lol at centralized exchanges, always make me laugh

>>54712371
>the whole, uh, shitcoin technology
lmao the absolute state of monero larpers

>>54712389
you cannot see how much a monero chad is holding no matter what talmudic magic or screeching you engage in jew, now shut up

>>54712071
It's called dedication kek
>sylo
never heard of this one but it seems to have nothing to do with privacy looking at it

>>54712396
>I cannot see the infinite tokens an Indonesian gay man exploited in hard fork 34 no matter what now shut up

>>54712108
exactly lmao
where's the privacy if you still have to use it on exchanges where you KYCd

>>54712405
is this gay man in the room with us right now

>Bitfags in this thread

>>54712412
most people use fake ids, sorry bro

>>54712153
>low IQ people don't use monero.
This. They come to this thread and try to FUD it with absolutely retarded arguments.

>>54712440
Concerns that any one piece of code that hard forks every two months could have ever been exploited is very real considering you would never know it has occurred. Everyone buying or using Monero now or in the future must accept this.

>>54712501
can you prove this is the case

>>54712501
>hard forks every two months

>>54712501
You might be able to argue that the only way for you to buy tranny hormones and child porn today is with Monero but if you're talking about something gaining a monetary premium in the future, it's a very real point of concern.

>>54712527

Why don't you just relax and let the free market do its thing?

>>54712523
Can I prove it's ever been exploited and an infinite number of the tokens exist? No. You cannot prove that it hasn't though, and technical risk is extremely real.

>>54712546
the price would have been dumped far lower, the market would reflect this

>>54712563

Pretty much. You can't hide the effects of inflation on the economy. Its like if the gubmint secretly printed $100 trillion and put it all into circulation - you wouldn't factually know it but you'd definitely feel it.

>>54712563
Monero is one of the worst performing coins of the last decade, especially considering it is, on some points, the best shitcoin.

But as far as Monero becoming "money" all participants have to accept the very real technical risk associated with a digital coin whose supply cannot be audited.

Some of the Monero guys have linked me to dedicated bagholder websites where they try to run constant analysis of the data available to try to detect anomalies, and that's fine, but that's not suited to being a global money. It's a tool with a bit of liquidity thanks to the general environment of shitcoins existing.

>>54712614
bitcoin with 100 percent verifiable fact is

going to have less than 50 percent of supply circulating in 30 years, dead supply will be the majority

controlled by jewish bankers in blockstream with the collaboration of the cia, with a few mining farms firmly under their control

plagued with horrific design that will make mining pointless and unprofitable

even if you're a dumbass and you still wanted to use it, feds are watching your every move

>>54712400
Doesn't need to have it's own L1 chain or offer transaction anonymity to get that tag, privacy could be in different forms.

>>54712651
off topic shit

all btc and monero investors are sub 130 IQ, you're all retarded

>>54712664
prove it

>>54712034
i get a disturbing feeling that a human isn't writing these posts.
i guess its not disturbing
but why would a bot shill for XMR

>>54712715
you're cia

>>54712649
Everything is Jews, my brother in Christ. But Monero is specifically poorly suited to gaining a monetary premium.

>>54712727
and you offer no proof so the pain for you is eternal

>>54712893
Why are Monero holders so stupid? It's not that it has to proven that an inflation bug was ever exploited, it's that there would be no way of necessarily knowing if a bad actor had an infinite supply of the token. This is what you would call one of Monero's "fundamentals" and it's a massive albatross.

>>54712927
prove it

>>54712651
Data and communication privacy is also also important as having anonymous transactions

>>54713036
Exposing your data to third party sucks, i give it to sylo wallet

>>54712927
>It's not that it has to proven that an inflation bug was ever exploited, it's that there would be no way of necessarily knowing if a bad actor had an infinite supply of the token

Anybody discovering and exploiting an inflation bug has to move fast to cash out as many coins as possible before the bug is discovered and patched.

So, either they don't and no harm is done or they do and the results are felt in the economy.

>>54711633
Gold is a currency

>>54714052
and investment

>>54714098
Yeah, sure :)

>>54711463
>monero is the best currency that exists
b- b- but government and regulators won't allow it

>>54712435
Monero is a shitcoin for midwits

Have fun holding bags forever

>>54714611
Sounds great.

>>54714630
>Monero is a shitcoin

lol

>>54711463
Bitcoin is still better.

>>54711472
fascinating arguments

>>54714736
yeah I'm coping so hard on your losses lmfao

I swear the average Monero holder is a drooling idiot

>>54714150
good we agree

>>54714793
I don't lose

>>54714002
This is extreme cope and delusion. There's no reason to even punch down at Monero because it's such a silly shitcoin, but I'm having my coffee so here we are.

>>54714833
>Monero because it's such a silly shitcoin,

Sure is lol

>>54714848
just two more weeks until monero replaces buttcorn

The only people who don't like monero are idiots who bought the top in 2017
cope

i bought xmr on kraken once and sent it to the wallet and it never came lol

>>54714872
>his shitcoin hasn't made a new ATH in 6 years
fucking lol

>>54714872
Read what you posted back again

>>54714916
>>54714919
lemme guess, you fell for the hodl meme?

I love monero but it’s inaccessible and clunky to use.

>wanna buy something?
>lol sorry you can’t I’m syncing

>>54711496
You're starting to sounds like a silver chud.

>>54714937
monero drooling moron, when confronted with reality, pivoting to the usual
>"what you aren't supposed to hold monero lol"
Worst faggot shitcoiners in the space

>>54714973
Holding monero is like holding cash, but with better privacy. Any monero enjoyer will tell you this. Moonboys can go suck elons dick.

>>54715006
>It's just like cash except you can't spend it

>>54715006
And /biz/ is an investment board. No one's looking to hold cash long term.

>>54715068
Monero is a shitcoin that enables convenient purchases of tranny hormones and child porn supported by the liquidity of fucking retarded monero holders and the general environment of unregulated shitcoin grifting.

>>54715122
Dark markets use monero because, right now, it's more convenient than using bitcoin privately. At the end of the day what enables this convenience is basically the existence of Kraken. By the time people are having to swap monero across three dexes for bitcoin to cash out, it's more steps than just using a mixer with bitcoin

>>54715174
And,
>le epic redpilled monero holder
you're facilitating child rape through your dishonest shitcoin moonboy shilling. when people point at laugh at you, you pretend you weren't actually holding monero just shilling it just because guys lol. you bunch of faggots are worse than ethereans and fucking bsv holders. you should all be ashamed and fuck off

>>54715204
A reminder, that only virtuous people are capable of freedom. Something to think about.

see how mad they got

>>54715254
>>54715204
I wish you had said this in your first post so I would have know not to bother reading your arguments.

ITT: monero widwit tries to shill his bags despite not understanding the first thing about how monero works
other retards fall for it

>>54715339
>other retards fall for it

Are you implying the market is wrong?

>>54715174
>Dark markets use monero because, right now, it's more convenient than using bitcoin privately. At the end of the day what enables this convenience is basically the existence of Kraken. By the time people are having to swap monero across three dexes for bitcoin to cash out, it's more steps than just using a mixer with bitcoin

Get a load of the seasoned darknet expert here.

>>54715174
>he doesn't taste his monero directly from the source by mining it with Ryzens

>>54715420
the free market gets it, which is why monero peaked in the 2017 cycle, because that was the first bull cycle monero went through after launching in 2014.

alts are an expiring asset. monero's ability to provide a utility to others does not give xmr value. decentralized mixers do not need expensive tokens, and the market knows that.

>>54715585
bitcoin is an alt

>>54715594
kek, those bags real heavy, we get it.

>>54715420
Lmao
>bitcoin is old tech
>shitcoin is new tech
retards never learn

>>54715698
no, I'm doing fine, you will be fucked, and they're going to destroy you, and it's going to be incredible, finally you'll be done

>>54715731
just hodl bro

bump

>>54717003
pathetic

>>54717086
What I know it makes bitshits seethe so I'll keep bumping it, and when this goes down I'll make another one

>>54717360
>50 posts by this ID
I don't think Bitcoiners are the ones seething here

>>54717360
>What I know it makes bitshits seethe so I'll keep bumping it, and when this goes down I'll make another one

Unfathomably based. Lets keep the Appeals to Historic Price Action fallacy going!

>>54717360
This is fun. Keep up the good work.

>>54711463
Unauditable supply.
/thread

>>54717527
>Unauditable supply.

>I don't understand how zero-knowledge proving systems work.

>>54717565
>I have zero knowledge of the supply

>>54717629

Other way around. Mathematical validation of the total supply, zero-knowledge of specific amounts.

>>54717651
Mathematical validation of the *intended* supply wow amazing

>>54717629
u can check the supply retard

>>54717565
>I don't understand how zero-knowledge proving systems work.
You forgot to unquote this part

>>54717651
Same brainlet as above

>>54717689
You literally can't be sure 100% and it's even explained by someone from Monero R&D.

It's a sidechain app for BTC and at this point, why not just using Ethereum and a privacy rollup and inherit mainchain security.
What a brainlet festival, I'll never enter one of these threads again I promise.

>>54717687
>Mathematical validation of the *intended* supply wow amazing

6 years in and its clearly working, excess supply would inevitably be felt in the economy.

>>54717816
>You literally can't be sure 100% and it's even explained by someone from Monero R&D.

If you want a 100% ironclad guarantee that the flight will land safely, don't get on the plane.

Oh look, tens of millions of people still fly every year!

>>54717400
>>54717462
I know I already won so we just get to rub it in a little more until it's all over, at that point it won't be fun anymore

>>54717478
indeed

>>54711637
>bitcoin is mined and controlled by the cia, they can shut down the centralized mining efforts at any time

this

>>54711906
this as well

>>54712023
based

>>54714792
kek

>>54717938
>I already won
I'd hate to see what losing looks like.

>>54711463
Meme is incredible cope, XMR is actually one of the biggest midcurve traps in crypto (/biz/ loves it of course)

>>54711496
people have made life changing money in this market in a matter of 2-4 years, 5 figure to 7 is entirely possible. You going to be an old bitter man.

>>54718639

Post more clownworld market stats.

>>54718639
>>54718908
>>54718938
what does ta tell you about my balls

>>54718639
>last ATH 5 years ago in a completely different macro regime
>didn't even make a HIGHER LOW in 2021 biggest generational bull market and monetary stimulus
>even weaker/lower than it was in the horrific 2018 bear market

Why should this ever make new highs again.

>>54718997
don't worry about it, you couldn't comprehend it

we spelled it out to you

>>54717842
>would inevitably be felt
Says shitcoiner down 98%

>>54719092
>regurgitating shit McAffe said 3 years ago and was wrong about

wow great thesis you are going to make it anon

>>54719102

Not a rebuttal.

>>54719120
name one thing

the cia doesn't pay you guys enough

>>54711521
Yeah everyone is just going to go back to notes and coins haha!

>Implying the digital age and innovation hasn't changed literally everything about modern walks of life

The rope is calling for you because you are NGMI

monerochuds wagmi

>>54711648
>bitcoin is mined and controlled by the cia
1,000,000 out of the 19,300,000 definitely is. You're retarded if you think otherwise. America has sent 80% of BTC's current market cap to Ukraine. You think this government couldn't fire up the clandestine printers to get to 51%?

>>54711463
xmr isnt currency, it is fiat. if theres wasnt an infinite supply of it than it would be a currency.

Monero is the only undervalued coin in the whole market. It doesn't make sense to bet on anything else.

>>54711463
>monerofag making a midwit meme
divine ironing

>>54721755
There is wownero

>>54721755
>xmr isnt currency, it is fiat. if theres wasnt an infinite supply of it than it would be a currency.

You mean just like gold?

>>54712614
>Monero is one of the worst performing coins of the last decade
I saw this coming for a long time on tokenmetrics, but still it's not the worst performing alt, there have been many that have bled heavily in the last few months, with no signs of recovery.
When I see a good buy order, i would slurp in

>>54723150
indeed

>>54723315
the bitshit displays dunning kruger

Post moar clownworld market charts, dammit!

>>54723150
You're a shitcoin moonboy pretending you care about privacy or freedom or whatever to grift shekels. Through your larp you provide liquidity to child rapists. You're a fucking faggot and should be imprisoned

>>54711463
68.26% of people buy btc
0.26% buy monero of wich half are too retarded to function.
Thats why top 0.1% is poor and all billionares are between 95 to 99precentile.

>>54726316
Is there a reason you directed this at me specifically? I'm fairly certain the currency of child rape is blackmail leverage. Monero is for us plebs to avoid some tax and trade in stuff like grey/black market goods that are restricted from the super plebs by means of small technical barriers like tor and xmr. Never said I'm not in it for the money either.

>>54724065
hehe, the original infinite supply shitcoin

Where did all the Bitffags go? Getting lonely in here.....

>monero is the best currency that exists
simple as really

Monero is the only currency where I've sold a lot of digital and physical stuff on moneromarket.io. Yes, completely normal and legal stuff, just like I would on Ebay.

Monero is the only currency I actually use, and hold as it moves pretty much same as Bitcoin these days.

Monero is the only currently for which I run a node. I run it at home on my own regular PC hardware, on own internet connection. Compare to shit like Ethereum the "decentralized" nodes of all run on AWS and shit.

It's the only currency for which I mine. No need for ASIC. No need for giant capital, nor for an ultra high availability server you can't realistically host at home without slashing risk. Oh and I mine on P2Pool which is a decentralized pool. Just one of those real "decentralization" things that actually exist and work on Monero unlike every other currency. Funnily enough, like many things, the idea was originally on Bitcoin/Litecoin/Dogecoin, but there, it's flawed abandonware, whereas in Monero, it actually works. Says a lot about who actually gives a fuck about decentralization.

It's the only currency where I can give one address to the open public with my name on, one address to the kinky porn shop, one address to the black market, one address to the children's lemonade stand, and not worry about anyone snooping around my transactions, let alone tying the addresses together. It's absolutely incomprehensible to me how Monero is the only internet currency that takes this assurance, and the peace of mind it brings seriously.

I simply cannot take any other form of internet money seriously. Like, transparent ledger? Hello? Are fucking serious? Do you even internet? Holy shit.

>>54711463
baka, xmr maximalists at it again. There are other needs for privacy asides p2p and xmr can't do that. xmr is based but not the only fucking crypto!

>>54729356
no there aren't, xmr is the only crypto

>>54711734
bitcoin is worthless?
>>54711865
monero privacy is based and has been proved by no one claiming the irs bounty for craching monero

>>54729411
>irs bounty
anyone trying to use this an an argument is a glownigger

>>54729411
yea

>>54711463
>58 posts by this id
fuck off with your infinite supply pedo coin

>>54729589
nope, what will happen is you fucking off once the cia stops paying you

I'm thinking of opening an online store that sells gold and accepts Monero as payment. I have the contacts to make this possible. Is this a service anyone here would use? Beats fucking with an exchange, getting KYCd and ruining any privacy you had.

>>54729641
the cia doesn't pay me. no matter how hard you wanted that to be true, you are wrong. how does it feel to imagine things? this proves how deep you are into whatever mental illness you're dealing with. that and spending literally a day on a thread talking about an infinite supply pedo coin

>>54729650
for me, probably not as xmr the best asset imo, I mean, it isn't a bad idea at all, and actual criminals who earn in xmr it would be incredible for them

>>54729729
I'm right and the future will prove it, you're here crying and wailing because you know we're going to win

There's a great deal of COPE in this thread.

>>54729748
right about what exactly? a currency with infinite supply cannot compete against a currency with a fixed supply. what do you think of chainlink cultists or ripple cultists? they're a bit like you but not as desperate

>>54729805
gold mogs your shitcoin in mcap

>>54729810
why did you ignored my question and instead said something completely irrelevant and stupid? (considering gold is stable compared to competitors which keeps appreciating in value over the years)

>>54729650
>I'm thinking of opening an online store that sells gold and accepts Monero as payment. I have the contacts to make this possible. Is this a service anyone here would use?

ABSO-FUCKING-LUTELY, this is a *very* high-demand sector. If you're honest and reliable you'll have customers up the ass. Bonus points if you offer an I2P (darknet) mirror.

There's already a shop selling bullion exclusively for XMR: https://monerosilver.com/

>>54729951
gold the infinite supply shitcoin has 22x the marketcap of your finite supply shitcoin

>>54730021
yes and years ago it was much much more than that, you're really stupid

>>54711463
i hold some XMR for diversification but BTC's network effect and transparent nature are not caveats they are necessary features that give it a huge advantage over XMR as far as becoming a mainstream treasury asset and keeping price growth goes. XMR is the middle, BTC is the left and right

>>54730226
And years from now bitshit will have 10 bil mcap if you're lucky

Proving that infinite supply on a 1 percent per year scale is actually good for stability

>>54730305
Dunning Kruger

>>54730308
stability is related to volume, not whatever thing you're making up, bitcoin will be stable in the far future, at a high market cap

>>54730326
repeating dunning kruger over and over every time your retard thesis gets challenged is dunning kruger

>>54730351
Bitcoin will have half of its supply in dead wallets within 30 years
>>54730364
I'm right

>>54730399
The market thinks you're laughably wrong

Neither BTC or XMR are good at smart contract, meaning they are both shit.

>>54730427
The market is full of sheep, who will be slaughtered, and I'll enjoy every second of it

>>54730467
Smart contracts are retarded

>>54730427
>The market thinks you're laughably wrong

You mean the same market that gives literal dog memes a place in the Top 10?

>>54711472
>NGU is the only thing that matters
Sad. Many such cases.

>>54711694
I love looking at shit like this knowing that the moment we come close to ATH on either pair, thousands of moon-boy "maxis" will start picking some up "just in case"
just like no-coiners rushing to pick up some btc "just in case" in 2017
fucking dumb sheep can't look past a year of anticipation

>>54730491
No, they are absolutely essential for a decentralized system.

>>54711512
no one uses gold to purchase goods and services

>>54731121
Why not? Everything after bitcoin on CMC is a dog coin
>>54732013
lol okay jeet

>>54711496
Baggie cope. In a 20 or 30 timescale you could 100x your Monero stack by trading shitcoins instead of missing out on another bull market

>>54732747
they do though

wait so you're saying, even though gold supposedly isn't used it still has 22x the marketcap of bitshit

isn't gold an infinite supply shitcoin

>>54732838
this is why you're firmly in the 100 iq camp
>>54732792
if you simply read what monero is, you would feel the opposite of how you feel

1 of 2 things are true

you have read what monero is, and since you are a greedy little niggershill, you for perceived financial gain will choose to steer the public away from the best currency

2 you haven't read what monero is, and you are really dumb as shit

>>54732792
>Why not? Everything after bitcoin on CMC is a dog coin

The fact that meme tokens with no practical utility are capable of achieving insane valuations tells you something about the state of the market.

>>54711463
I literally don't see apoint in any crypto that isn't Monero.

Crypto is for privacy, not for gay "pump and dumps". All bitcoin retards just want to dump at a certain amount.

Havint that into account you see that in terms of crypto monero is the only thing that makes sense

>>54734144
>All bitcoin retards just want to dump at a certain amount
no

>>54734586
even worse they want to hodl forever to 0

>>54734743
shut the fuck up

>>54734820
u mad nigga

>71 pbtid

he went insane from bagholding a worthless shitcoin, hm?

>>54734926
We'll go to bump limit

>>54734987
What are you trying to accomplish here? Spergs like you just make Monero look like ass. Be more chill and you'll get more bagholders .

>>54735005
we're keeping your shitcoin in the spotlight, and promoting monero which is the number 1 coin in the market

>>54733097
lol keep buying more take out a loan bro

>>54735061
If you want to be number one, you need people to buy. And if you want people to buy, you can't convince them you're a hopeless, ideological freak, which is what you're doing right now.

>>54712023
this reads like u/waterchain fed speak

>>54735101
>>54735119
bitshits, proud of nothing, stand for nothing, cia assets paid to promote pure dogshit, soulless, husks of human beings

and they'll suffer like they deserve to suffer

>>54735282
You're not even responding to my statements. I'm getting the impression this whole thread is some z-tranny reverse Monero fud.

>>54735497
you are a faggot shill, promoting scams, give up

>>54711463
https://www.reuters.com/technology/crypto-must-end-anonymity-illicit-finance-us-regulator-says-2023-04-25/

>>54735497
Question: are you Mexican (or some other south/central American)?

>>54735575
Meant for you >>54735531

>>54735582
are you mad that your faggot scam is coming to an end

>>54711472
that's actually good dumbass

>>54735552

>>54735752
redpill me why monero is the best crypto

>>54736052
you can read right

>>54721755
fiat means "by order" or "decree". Fiat currency is what the state forces you to use as legal tender.
The state isn't forcing xmr upon you

>>54711463
did you know that a lot of advancements in society are due to the need of criminals?

the low IQ take is actually pretty solid

>>54736105
thats a lot of fucking replies buddy. how about you go back.

>>54728485
>Monero is the only currently for which I run a node.
This can also be done on Ankr and sylo network using seekers nft, even on cardano when you download the node software.

>>54711846
> monero's problems are not going to be solved by trying to get retail to buy some pocket change worth of xmr. it needs real users, not desperage bagholders, and it needs real developers, not larping midwits like fluffypony.
what the fuck did I just read? what problems? XMR has much more devs than BTC

>>54712123
>Gold hasn't hard forked dozens of times
Ahhhh you are talking about BTC, BSV, BCH, BCG, BC2, etc?

>>54712501
https://www.moneroinflation.com/amounts_confidential_tx
Read that shit, if you can. If you can't, just know this "technology" is years ahead

>>54714002
No bug is found and it's constantly analyzed. If someone had billions of XMR hidden (somehow), passing through all the checks of input/outputs and ringCT mechanisms, then neat, XMR has a fully diluted valuation of trillions of dollars! yay!

We are actually number 1 bros

>>54711463
>monero is the best currency that exists
wrong, faggot
Bitcoin is the king
you are the midwit
reasons in pic

>>54714793
Monero has been almost an stable coin literally the one job bitcoin is supposed to have

>>54738987
no, bitcoin's job is to be the king of all meme coins, the absolute symbol of crypto. When you think about it, it's really in the interest of all nation states to push Bitcoin. It has no utility, most of the time it makes people lose money & faith. Win win

>>54738015
You're losing shill

>>54738826
Your scam is over

>muh infinite supply
This has to be bait at this point. This shit was explained billion times.
https://petertodd.org/2022/surprisingly-tail-emission-is-not-inflationary

Also at the highest the inflation is 0.8%, which was set so as to be half of the gold's. This alone should end all discussion about this retarded FUD. Tail emission has already started so this peak inflation point is already behind us BTW. And this tail emission wasn't added just because. There are very good reasons why it's worth it.

For retards:
>To clarify a bit more, let me explain with an analogy:
>Imagine a balloon.
>We're filling it with water at an absolute, constant rate (0.6 XMR tail emission).
>Imagine now there is a hole in the balloon. This represents coin loss.
>As the balloon fills with water, it stretches, and the hole gets bigger. (Coin loss is characterized as a percentage rather than an absolute value)
>Eventually the balloon stretches to the point where the water leaking out of the hole is the same as the water we're putting in it.
>Balloon now has a constant size. It has reached equilibrium.
>From the point of view of the user, the effective usable supply becomes constant. From the point of view of the miner, there is always a trickle, providing incentive to mine. It's the best of both worlds, and I think it's genius.
>What effectively happens in a roundabout way if you think about it (on very long term), is that the lost coins are slowly being trickled back through miners.
>It's also nice to know even if all monero became unusable somehow, there is a trickle of new ones always being made.

>>54739637
BTW even if we disregard* lost coins, there is still a separate mathematical fact. Remember high school math limits: If you mention infinite supply, you're necessarily implying infinite time. Monero's inflation is always decreasing. That is to say, over infinite time, the inflation tends towards zero. You can say Monero is 0% inflation with the exact same math which allows you to say it's infinite supply. Again, to be clear, this inflation bitshits are crying about is 0.8% at its worst, and will only ever get lower in a completely predictable, smooth manner.

* Which you can't, because *any* rate of coin loss, even the tiniest one, makes the supply mathematically impossible to be infinite. And unlike limits which happens over infinite time, this settles in finite (albeit still a long) time.

>>54739684
Soon there will be 1 bitcoin in circulation, then 0

>>54738751
>XMR has much more devs than BTC
no, it doesn't, and they've been struggling to make any progress for at least 3 years despite needing upgrades yesterday.
monero with its tech of today is borderline private, good enough but not viable for high risk users. monero with it's tech of today in 5 years is likely broken.

>>54739832
Hey jew, you can't lie and win, it's already over

>>54712034
>near 0
anon there thousands of asteroids packed with gold in it once that reaches earth the price is going down whether you like or not

>>54738987
>Monero has been almost an stable coin literally the one job bitcoin is supposed to have
>getting rich is... LA BAD

>>54740216
If you hold you will no longer be rich, so get out before the cia dumps on you
>>54740206
Gold has been an infinite supply shitcoin since the beginning of time but mogs bitcoin in marketcap

>>54740216
Nothing wrong with getting rich. The thing is, the plebs worry about getting rich. The already rich worry about the freedom of their money.

>>54711581
>posts meme of the very three-letter agency who benefits most from the OPSEC they're afforded by XMR

Guess which laser beam eyes, number-go-up, regulator-approved, good-goy-of-the-year, traceable, public-ledger, bank-approved shitcoin they AREN'T using when privacy matters most?

>>54738826
You're guy must have had an aneurysm after the Monero square because bitcoin will never be fungible and will never work as money. Unusable shitcoin.

>>54738826
>cope, the pic

It reads just like a lefty "meme" - next it will add a few more paragraphs of text and reduce the font size to 2 points so all the steps will fit for what it takes to try and achieve privacy with Bitcoin.

>>54711472
He said best currency, not best store of value.

>>54742034
At worst it is the second best store of value after gold and that is only if somehow all internet services go down

If the digital age continues as we expect then it's number 1

>>54743105
>At worst it is the second best store of value after gold and that is only if somehow all internet services go down
>If the digital age continues as we expect then it's number 1
this

Monero is the only legit way to avoid divorce rape that I know of. This is not a game. retarded bitshits

>>54711463
How do i know monero devs aren't dumping their premined bags on us?

>>54743761
>that's the neat part, you don't

>>54743761
>How do i know monero devs aren't dumping their premined bags on us?

Because there wasn't a premine.

Bump

Where all da Bitfags at?

>>54726404
>we're all criminals
no, monero is great for normal people, get off /pol/

Needs moar Bitfaggotry.

>>54749115
aww yeah

>>54711672
what the fuck is digital gold. digital gold is non existent. gold does not corrode but technology does, it gets replaced all the fucking time.
if i read about "digital gold" one more time..

>>54750096
Xmr