/biz/ - Business & Finance

PREVIOUS THREAD: >>57485222

START MINING IN P2POOL
>START MINING IN P2POOL
START MINING IN P2POOL
>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 shut down/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. Once P2Pool reaches & maintains 51%+ of the total network hashrate, Monero will be essentially invulnerable to such attacks.

Although many inexperienced miners think that bigger pools give better profits, this is absolutely NOT the case. Your profits in the long run depend ONLY on your hashrate, NOT on the pool's hashrate.


>YOU CAN NOW MINE IN P2POOL FASTER & EASIER THAN EVER BEFORE WITH THE GUPAX GUI. USES TRUSTED REMOTE NODES BY DEFAULT!!!!

1. Download the *bundled* version of Gupax for your OS here: https://gupax.io/downloads/
2. Extract somewhere (Desktop, Documents, etc)
3. Launch Gupax
4. Input your Monero address in the [P2Pool] tab. USE A SEPARATE MINING-ONLY WALLET!
5. Select a Community Monero Node that you trust, although you can and should run your own node if possible.
6. Start P2Pool
7. Start XMRig

VIDEO GUIDE: https://gupax.io/guide/

You are now mining to your own instance of P2Pool, welcome to the world of decentralized peer-to-peer mining!

>NOTE THAT DUE TO BOTNET SHENANIGANS XMRIG IS AUTO-FLAGGED AS MALWARE BY MOST ANTI-VIRUSES, SO DON'T FREAK OUT!!!


OLD GUIDE FOR P2POOL MINING FROM THE MONERO GUI WALLET: https://pst.klgrth.io/paste/eecbe

https://www.reddit.com/r/MoneroMining
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

what just happened to my monerinos

>>57519361
binance delisting

Never forget what this is ultimately all about.

https://anarkio.codeberg.page/agorism/
https://freedomcells.org/

>Help grow the circular Monero economy: buy/sell goods & services with/for XMR!

https://monerica.com/
https://moneromarket.io/
https://www.reddit.com/r/moneromarket/new/
https://kycnot.me/services

>Live off XMR with Cake Pay (now available in 140+ countries!)
https://cakepay.com/

>or with CoinCards (currently US & CA only, UK, EU & AUS coming soon)
https://coincards.com/


>Monero stickers for guerilla marketing
http://monerosupplies.com/

>Monero-only VPS hosting
https://kyun.host/

>Monero-only bullion shop
https://monerometals.com/

>Win XMR!
https://monero.win/


Say buh-bye to Bitcoin and support the growing number of Monero-only darknet markets/vendors.

# = recently launched, exercise caution

>Alias Market #
>Archetyp
>Asur Market
>Calypso #
>Candy Haven #
>Chimera Market
>Cloud Market
>Cypher Market
>Dark Matter
>DrugHub #
>Drugula #
>FilthyFellas
>Gofish Market #
>Hectate Market #
>Mercury Market #
>Pygmalion's Refuge
>Retro Market
>Smackers
>Sonanza Market #
>Squid Market
>SuperMarket #
>Tribe Seuss
>Wizard's Palace #
>World Trade Center #
Links: https://pastebin.com/raw/fknwLx6q


>LocalMonero is now available on I2P
http://lm.i2p/nojs/


Anonymously exchange BTC for XMR using a reputable darknet service

>Majestic Bank
>Infinity Project
https://pastebin.com/raw/75mVpfED


or a reputable clearnet service

https://trocador.app/en/ | I2P: http://trocador.i2p/en/
https://xmrswap.me/
https://unstoppableswap.net/


>Want to support further development? Donate to the Monero General Fund or MAGIC Monero Fund
https://ccs.getmonero.org/donate/
https://monerofund.org/

>Have a particular set of skills? Join a Monero Workgroup and (potentially) earn XMR!!!
https://www.getmonero.org/community/workgroups/

>Want more Monero-chan? Donate to the Community Art Fund
https://www.monerochan.art/

START RUNNING AN I2P NODE
>START RUNNING AN I2P NODE
START RUNNING AN I2P NODE
>START RUNNING AN I2P NODE


>What is I2P?

I2P is an anonymized P2P overlay network akin to the Tor network but with several key advantages over it. I2P is now replacing Tor as the go-to darknet and will play a pivotal role in growing the Monerocentric economy.


>Why should I care? Why should I run a node?

Increasing shadow economy adoption and the proliferation of an XMR-only standard are what guarantee that XMR will have a floor and won't also crash to zero when the Crypto Casino finally implodes. XMR's long-term outlook is therefore *strongly* correlated with the darknet, you may have already noticed how the number of TXs begins to drop whenever the glowies attack & cripple the Tor network, which underscores just how critical it is that the darknet wins this war against the State. Make no mistake: if the darknet is allowed to die XMR will take a devastating hit as well.

So by running an I2P node you are helping to make the network Monero thrives in that much more robust while also enraging glowies in the process. Win-win!


>OK, but how difficult is it? Do I have to store GBs worth of data like when running an XMR node?

It is literally as easy as installing an Android app and no, there are no storage requirements, the node only consumes some bandwidth.


>Cool, I'm sold. What do?

If you have no interest in browsing the darknet yourself then the simplest solution is to install & run the I2Pd Android app on any compatible (Android 4.1+) device, ideally a TV box since they don't require recharging and are permanently online. But any old phone or tablet is fine too. Make sure you activate "start on boot" in the settings.

https://github.com/PurpleI2P/i2pd-android/releases/latest


Otherwise just install the appropriate desktop client and leave it running.

https://github.com/PurpleI2P/i2pd/releases/latest


The console is accessed via http://127.0.0.1:7070/ or the menu in Android.

>Bitcoin's price = NOT the result of organic real-world supply & demand = NOT sustainable

Wash trading has been artificially driving BTC's insane price action since the first major spike in 2013.

>Wash Trading 101
1. create/maintain the illusion of high volume
2. wait for poor unsuspecting fools to FOMO in
3. dump at a fat profit and leave them holding the bag

When the supply of gullible fools finally runs out, the entire scheme implodes.

TL;DR: exciting price action means nothing in an unregulated market rife with such manipulation, real-world utilization is the ONLY reliable metric of actual value.


>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 BTC = $62,008,590,336,000,000,000 BTC Market Cap

The block rewards shrink so fast that after enough halvings BTC would eventually require a $2.95 trillion price per BTC 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

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

What do we think of mining on moneroocean?

>>57519335
the time has come to test the kraken auto buys
god bless the delisting FUD

>>57519400
Hail Mary full of gravy, the lord is with thee, this is the whoppertunity of the decade.
Blessed be I, with dry powder.

>>57519391
its good, just increase the auto buy out a tad and mine away

im financially bogged

>>57519416
I feel bad about the payout amounts being fixed and rarer. It's so much more fun to mine on p2pool (mini) but it can go quite a while without getting blocks.

>>57519400
Based XMR Bogs vs. cringe compliancy Voss's.

So where do I buy XMR now? Is the a decentralized way?

>>57519335
>WHERE TO GET MONERO?
might wanna update this for all the KYC doxxed pedos kek

>>57519462
I'm Australian so I haven't been able to buy Monero from any cex for a while. What I do is buy bitcoin, set up a trade using trocador.app, and withdraw straight from the cex to the specified bitcoin wallet and they send the Monero to my wallet. It's easy.

I told clowns 3 months ago maybe 2 months ago that exchanges were about to delist monero and other privacy coins should have shorted big time

Monerobros... we got rugpulled

Did Kim Jong Un need to finance more rocket fuel or what? I think my anus is bleeding now.

Binance delisted Monero. Good. We've needed to filter out those CEX retards for far too long now.

I know Binance-US didn't offer monero, so what regions did Binance offer monero to? Europe, Asia, and Africa? Is Asia even a big market for crypto considering all of the China FUD?

Just trying to get some perspective on how "big" this de-listing is.

>>57519492
why this hassle when you can buy from Kucoin and send to wallet? lol

>>57519551
you realize all these dominos of de-listings is going to put monero at a price of about $60 right? then it'll pump to $100 and fall back to $60. you're going to hit like $250 during the bullrun. you really want to put "muh tech" over life changing wealth? Lol. You enjoy your tech, i'll enjoy my yacht

>>57519558
>you really want to put "muh tech" over life changing wealth?
Yes.

>>57519555
>Is Asia even a big market for crypto

Bigger than USA or Europe.

>>57519555
>Just trying to get some perspective on how "big" this de-listing is.
Binance was just a casual seller. The de-listing isn't going to hurt but they just dumped their holdings from the looks of it. Juicy 15% dip if anyone is hungry.

I fear nothing.

$160-$20 stablecoin

Can someone explain Dandelion?

>>57519558
>>57519564
If XMR devs knew what was up they'd say "why not both" and actually make some solid and easy bridges between ETH/BTC and XMR. XMR is great but if you can't dip in and out of the shitcoin casino on ETH without KYC'ing in places like Changelly or having to use Bisq, I'm sorry to say but its useless for anything beyond buying drugs on the darknet.

Also I really want to impregnate the Monero girl.

>>57519564
you're retarded. you could get rich and then buy even more XMR once you're rich. XMR in a bullrun is for midwits

>>57519585
>solid and easy bridges between ETH/BTC and XMR
Serai when.

Would have expected a larger drop from binance delisting desu

>>57519585
XMR devs are probably glowies.

>>57519599
I do own some other coins, but I have principles that limit what I can hold. Most of my coins are XMR and will foreseeably remain that way.

>>57519604
wait till you see what happens when Kucoin, Kraken, and every other exchange delists it cause they dont wanna get ass fucked by the US gov

the jews will win this. they are masters of finance. you are going to lose all your wealth

>>57519603
Oh shit, never heard of this. Is it actually happening or has it been promised forever?

>>57519610
If they actually had bridges to ETH then DEX would get around this entirely. But you're right, I guess there's always the possibility the whole thing is a glow op.

>>57519633
I guess both. There's basically one person working on it but it's being developed.
https://github.com/serai-dex/serai

Mental outlaw told me to buy this shit now im financially ruined

thank god i just spent the last of my xmr on goodies yesterday
this is a dip i will be happily slurping

>>57519606
You are probably a nigger faggot

it's fucking over, xmr works too well

pls stop selling I went all in at $139

This is just like what happened with xrp when they hit major delisting. The price dropped so low. Then... Bam outta nowhere the regulators came out in full force. Only cex exchange who kept selling xrp was uphold. Kraken folded on xrp... They'll definitely fold on monero.

>>57519585
ETHswap-tan (?) has been working on ETH-XMR swaps for a while now. Last I saw it was in testnet

its over

>>57519828
don't worry, it will pump later today

>>57519555
Basically the whole world. I have used Binance to do transactions using XMR from South America.
>>57519720
That guy is legit likeable.

>>57519943
nah, wait until burgers wake up and we see below 100

Well guys, it’s over. All of these CEX’s are delisting Monero, big stacks are dumping on us, it was fun meming with you all. *Sigh*, now I’ll be buying Link

Monerosisters what are we gonna do, we dipped 10% only on one of the worst news possible.

Monero stands for a future I believe in
so I stand with Monero
bring it on

>>57519584
>Can someone explain Dandelion?

Your TX is essentially diffused amongst many nodes before they broadcast it to the network simultaneously.

Anybody snooping the network won't see your IP address as being the original source of the TX

>tfw you realize malicious (((CEXs))) now hold less Monero and users who want to legitimately use it a cash hold more Monero

So basically moonboys are going to sperg for a few days and then it's back to business?
Sounds comfy.

>>57520054
>we dipped 10%
its 22% and going down

>send a bitcoin transaction
>takes up to 24 hours
>send a monero transaction
>takes a few minutes
>AND the fee was lower
>AND it's not traceable
Why hasn't this replaced bitcoin yet?

>>57520121
it works too well

>>57520096
>sounds comfy

There are so many people who have completely deluded themselves into thinking XMR will ever take off. It’s insane cope I have never seen with other coins. I’ve seen people say they’ve been investing in XMR for years, how can you watch countless of people make big profits and coins taking off and not think to yourself ‘hmm, maybe i made the wrong choice’?

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

>>57520160
Black Tuesday for Monero. Worst dump ever?

>>57520127
This really is it. AML, KYC, etc. are impossible to enforce on Monero. Institutions won't touch it.

How low are the xmr chads setting their buy orders?

>>57520158
Monero has been the only coin in which I am in un-ironically because of le tech and le privacy. I had to get a Binance loan using XMR as collateral because I am a broke South American without a job, who now is hoping that the price does not fall a few dollars more, otherwise I will be liquidated. It has been fun, keep on holding lads.

I guess crypto as a market has no meaning. I'm out

>>57520158
>ID: coot

>>57520208
Probably going to buy tonight regardless of price, then in two weeks (tm) and then in another two weeks (tm). I'm too boomer to set buy orders.

im waiting for <$100 to slurp, cmon baby!

Total XMR death.

>>57520121
Crypto is for making money, not sending transactions. Bitcoin is on every exchange and has ETFs.

>>57520277
no, XMR is 100% buy right now
you will rope missing it out

Your xxx.xxxxx USDT loan order with XMR as collateral has reached the applicable liquidation LTV ratio, and has entered the liquidation process.

It's over lads.

>>57520280
sure, binance will list obama inu, but will de list xmr
you cannot comprehend what is going on, how you are fleeced

>>57520291
exactly, degens are being liquidated, this is what makes this dump bullish

>>57520301
Except I am not a degen. I needed the money, hence why I got the loan.

>>57520310
STFU poor
like what do you need money for? I can't even thing of a single thing I need

>>57520316
Feed myself and my pets. I mean good for you. I mean I don't really need nor desire much.

>>57520292
Do you have a point?

>>57520291
If it's any consolation I'm pretty sure CZ will eventually be charged with something by the SEC.

>>57520328
yes, XMR is the same it was yesterday, just better buy, binance is a scam exchange

>>57520342
good thing chinks dont extradite

>>57520365
CZ is canadian

>>57520355
Binance is a massive exchange, if it delists monero that makes monero a worse buy because other people can't buy it on there anymore. Do you understand?

>>57520370
when you have that kind of money, you are whatever you wanna be

>>57520373
since the KYC I no longer have binance account
I hope this exchange burns

>>57520280
>Crypto is for making money, not sending transactions.

This is it. This is peak moonfaggotry. Frame this shit for posterity.

>>57520158
But no other coin is used on Monero market and it actually works unlike every other piece of garbage

>>57520280
>Crypto is for making money, not sending transactions
wow just wow

>>57520407
"we finna get dat paper my niggaaaa"
-satoshi, 2008

I'm going all in at 125 idgaf, there's no way it doesn't recover.

bullish for XMR, thank you EU bureaucrats

>>57520280
Crypto is not for making money, you fucking nigger.
Learn the meaning of crypto

>>57520422
>But no other coin is used on Monero market and it actually works unlike every other piece of garbage

Don't bother, moonfags are mentally defective and incapable of understanding the fundamentals-first approach.

WHAT THE FUCK HAPPENED??

>>57520280
>Crypto is for making money, not sending transactions.

>>57520487
EU MiCa regulation misinterpreted by binance so binance suck state cock to the max so CZ can avoid jail

>>57520487
Binance is delisting XMR Feb 20th

>>57519720
He also shilled Wownero and Whackd, bad track record.

>took a look at r*ddit and see people unironically storing their XMR at exchanges
What explains this?

>>57520280
>https://yewtu.be/watch?v=wq6w03E2DS4
link in op is just for you

NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

Burgers are dumping on us...

I thought scarcity was bullish?

>>57520669
good id though

>>57520669
It is. We have cheapies right now and watch as retards get shaken out.

>>57520653
I'm waiting for them to dump more.

>>57520422
>>57520477
The point is that you’ve lost money while DCA’ing into XMR when you could have made huge profits, yet you cope with ‘muh fundamentals’ (which are indeed good)

>>57520532
It amazes me how successful grifters are in the financial space

I'm Satoshi

>>57520818
>The point is that you’ve lost money while DCA’ing into XMR when you could have made huge profits, yet you cope with ‘muh fundamentals’ (which are indeed good)

good grief, you moonfags really are fucking fixated on "muh huge profits" and nothing else, huh?

Be gracious and send us a postcard from the moon when BTC inevitably hits $100K later this year, OK?

>>57520898
what’s so hard to understand? you could’ve picked basically any halfdecent project the past 6 or however many years you’ve been DCA’ing and make bank. with this money you could buy more XMR and increase your stack. please for the love of god don’t miss out again

>>57520923
XMR is not fly by night scam that you can miss out on
you miss out only on scams
XMR is here to stay forever

>>57520923
im starting to sense a bit of PROJECTION

>>57520898
You're more of a moonfag than anyone, thinking Monero will flip Bitcoin while the latter goes to zero. Only difference is you hide it behind muh irl use case darknet markets cope.

>>57520923
>what’s so hard to understand? you could’ve picked basically any halfdecent project the past 6 or however many years you’ve been DCA’ing and make bank. with this money you could buy more XMR and increase your stack. please for the love of god don’t miss out again

Fuck off, I'm not putting my hard-earned money into a highly irrational, demonstrably manipulated clown market on the off chance I get lucky by picking the right pump 'n dump at the right moment. If I want to gamble I can visit my local casino where at least I understand the odds.

XMR is backed by uncut bricks of the finest Peruvian blow on the market, that's something I feel more comfortable banking on. Always bet on black markets.

So yeah it's over, probably going down to $20 and will stay there forever

>>57521010
stfu i can only get so hard

>>57521010
ETH could go to 20 USD, but XMR even in nuclear war stay above 100 USD

the delisting proves it's a legitimate threat...

I like cakewallet you can just swap BTC for XMR on it idk how it works.

>>57520995
>You're more of a moonfag than anyone, thinking Monero will flip Bitcoin while the latter goes to zero.

lol you're the one fixated on price. Monero is currently flipping Bitcoin on actual real-world adoption, which is all that matters in the long run.

BTC's price isn't a reflection of organic supply and demand so who cares? Enjoy the ride while it lasts.


>Only difference is you hide it behind muh irl use case darknet markets cope.

Think about how stupid you sound saying that.

>>57521040
>Monero is currently flipping Bitcoin on actual real-world adoption
Which implies what, in your world? That the price will go down, do nothing, or go up?

>>57521030
You're delusional and have no idea how speculative markets work

but why is a sell off happening now? XMR has been delisted from various exchanges, including Binance & Binance US for a while. You can't buy XMR on Binance in the EU for example, for like months.

What is this sus price action?

>>57521105
Could you buy XMR on Binance in the US? Americans will be dumping then.

>>57520941
>>57520971
>>57520996
absolutely mindbroken. hope my words got through to other anons lurking.

>>57521074
>That the price will go down, do nothing, or go up?

DON'T. CARE.

wow $100 soon, time to go all in?

>>57521075
>muh PoS will never dump
the cost of production is zero, ETH can and will dump to double digits

>>57521124
I'm calling the bottom at $115, just went long with $10k x5 for the lolz

>>57521124
liquidations are processing, you have hours only at this price level
later today it will be near 150 again

>>57521121
Hopefully. We want it to dump more.

>>57521147
> liquidations are processing
who tf had this much in longs on XMR? it does look like a long squeeze event though, but wtf

>>57521161
you have loans, they put collateral and hodl in a loan form
total degenerates

>>57521147
>already at sub 115
Bros...

buy at $101 sell at $1000 later this year

>>57521177
cascading liquidations do that
same with btc
went to 18k then it dumped to 15k

>>57521193
I just realized in April it will be XMR 10 years.

>>57521206
I first thought it might go to 100, now I think it might be even lower.

>>57521208
in 2.5 hours we will be back at $130-140

>>57521208
only 1 trade of only 1 person will pick the bottom
Will you be that one person?

>>57521142
this didn't age well

Monero bros if you're looking for other ways to privatize your swaps and tx try Illuminex

>>57521122
You do care. If it went to an exchange rate of $0.00 security and the ability to transact would die. Security would die even somewhere in the double digits. Even of you think price is a biased or manipulated indicator of demand it still contains useful information.

>>57521224
lmao this shit traded at 30 cents only a few years back. Return to normal is imminent

>>57521128
Pro tip, the cost of XMR production is also much closer to zero than people think.

i don't think the general moved this fast even in 2021
i hope it stays this way a while longer

>>57521342
it is not

>>57521342
ok prove it by sending XMR to my address since it's free to make it's not a big deal

>>57521361
What are bot farms? Everyone here admits to them, but somehow thinks they're a good thing.

>>57521375
you need effort to make them
and you are exploiting infrastructure
because that is the only way to produce more monero

while ETH you do nothing, you have 10 dollar AWS

>>57521257
so far so good?

So, years of making this thread for what?

>>57521419
The real gains were the Monerochans we posted along the way.

>>57521419
he does, because monero is de-facto the only crypto that matters now

Where's the faggot that slurped NYCB yesterday?
>Muh the market is overreacting
Fucking negro I told you they're fucked.

>>57521324
>You do care. If it went to an exchange rate of $0.00 security and the ability to transact would die. Security would die even somewhere in the double digits. Even of you think price is a biased or manipulated indicator of demand it still contains useful information.

No, I don't care because as long as XMR is actually useful and elicits organic demand it has value and won't go to zero, which is more than you can say for everything else in this godforsaken market.

Monero will be fine, the more moonfags we can purge during this dump the better.

>>57521430
I knew anime pics are a red flag, 100% of the time

>>57521430
>>57521435
Honestly i just bought at 110.6

>>57521438
yes, this dump is incredibly bullish and I am Bobo the bear saying this

Trying hard to hold off on slurping right now, ngl.

>>57520121
BTC's worth is derived from demand for Store of Value, like gold or large cap equities, not demand for transactional media. You got midwit filtered, thinking crypto was about the tech when it was always and only about bitcoin

>>57521505
ticker BTC's value comes from speculation on the ticker and not what bitcoin is, it is not store of value, because the value is external to it

>>57521505
>BTC's worth is derived from demand for Store of Value

"muh SoV" is my favorite forced Bitcoin meme.

alright guys its time to be realistic. last time something like this happened it was june-august 2022, during a period of hard fork uncertainty. XMR lost ~50%, back up to 80% of its value in 2 months and it went no higher. it'll be toast for about a week after which i expect ~10% weekly growth with high variance. if you can't afford to wait you should sell now as it will go lower. but the real move over the next week its time to buy

>>57521584
that was when FTX got closed

Is this the mt gox moment for moohnero? Might swap some btc for some cheapass moneros.

100k USD buy order @ 90

>>57519335
>57519335
erm.. what happened, I just randomly check my bal and see that we are at 116

lets go $97 XMRUSD

What's the best time frame to be watching this? I'm thinking of switching to 5m

>>57521725
1 year

>>57521725
12 months

Hope it drops to 40-60$ so I can megaslurp.

>>57521517
All value is extrinsic, dullard, we have 500 years of industrial demand for gold sitting in vaults and a decade of demand mined every year, you think the boomer rock would fetch even $100/oz without SoV demand? Notice that jewelry is SoV demand as tungsten filled gold jewelry is functionally identical to solid gold jewelry.
>>57521532
>fiat on da blockchain
>store of value
For an "anarchist" you sure do love tonguing the State's asshole. Something will always be used as a SoV, it is a fundamental universal economic demand seen even in tribal societies, BTC will continue its meteoric rise as it better meets the demand than anything else.

>>57521783
Monero is what Satoshi always wanted BTC to be. You need a literal globohomo ETF to prop up your shitcoin lol. BTCs value is 100% from speculation, not use. It stores 0 value - why? Because it's not fungible - it's 100% traceable and some exchange can randomly blacklist and seize your coins even if you bought them in a legit way.

>checks localmonero
>$124
>current kyc price is $115
hmmm, this spread is not that bad

>>57521783
>For an "anarchist" you sure do love tonguing the State's asshole. Something will always be used as a SoV, it is a fundamental universal economic demand seen even in tribal societies, BTC will continue its meteoric rise as it better meets the demand than anything else.

"fiat on the blockchain" is not the point, wetbrain, the point is that BTC's alleged SoV properties are in reality so notoriously bad that stablecoins had to be invented to function as a reliable SoV in the crypto space, a task they continue to widely perform to this day since BTC is STILL a terrible SoV.

TL;DR: nobody actually buys or uses BTC explicitly as a SoV, its just a forced meme Bitfags keep pushing to make BTC seem relevant at a time when it's losing the MoE gig to Monero.

>>57521851
wait is it cheaper buying LTC on binance then converting it to XMR?
t. eurofag

>>57521888
>Morphtoken
nevermind

AAAAAAAHAHAHAHAHAHAHAHAHAHA

HAHAHAHAHAHAHAHAHAHAHAHA

>le epic XMR general for 4 YEARS
>goes the same way as every fucking thing that has a general
WHO'D HAVE THUNK IT

Finally b*nance is out of the picture.

im ruined

>>57521438
You care about demand. Price is the primary indicator of demand, especially given on-chain transaction volumes are unknowable. And with the Binance delisting you won't be able to cope about manipulation anymore.

>>57521430
The Monerochans have become trash since they all turned to AIslop.

>>57521905
this changes absolutely nothing, tard
if anything, this proves XMR is a real crypto with a real use case

So what's the easiest way to get monero now as a burger now? Kucoin is gone and that was my exchange of choice. I've got 6k of USDC rn that I wouldn't mind putting into this

>>57519462
i have been using swap services for years, I haven't even been on an exchange since 2021.

TradeOgre just got a ton of new customers.

>>57519558
false. the centralized exchanges inflate supply by orders of magnitude

>>57521966
trocador, tradeogre
kraken if you don't mind CEX fees and KYC

>>57521966

trocador.app

Reporting in
##################################
IRC - https://pastebin.com/kP1gZ1Hk
Education - https://pastebin.com/V0SFR8qU
Mining - https://pastebin.com/Rd1V8P5L
Nodes - https://pastebin.com/j6Vv2Xn6

>>57519335
I got btfoed by binance and
Kraken wants to charge me 3 usd for a deposit and THATS FUCKING CRINGE. I RATHER DRAG MY FULLY ERECT COCK THROUGH A FUCKING GLASS SHARDS AND DIP IT INTO SALT BATH THAN TO PAY THISE FUCKING DEPOSIT FEES any decent platform to swap around this garbage? i want to slurp

>>57521934
>Price is the primary indicator of demand

No its not, numbskull, as already established, crypto prices are routinely manipulated by faking the perception of demand through wash trading and assorted shenanigans.

Actual adoption i.e. merchant acceptance is the only objective metric of real, ORGANIC demand. And Bitcoin is rapidly losing that, leaving it wholly reliant on the hopes & dreams of delusional bagholders who *currently* still believe they're going to acquire generational wealth soon by virtue of owning a fraction of a BTC.

Not a good long-term outlook.

>>57521939
>means of exchange losing its value doesn't matter
ok GME tard :^)

>>57521979
>>57521987
hold on, just registered at tradeogre, looking at these prices and fees and I have a question: why do you even need localmonero if you can just buy it at tradeogre?

>>57522136
you dont.

there are way more options for getting monero than the ones we shill here. Losing Binance was just an L for normies.

>>57522074
Say what you will about bitcorn... but as long as i can get some shekels for them, that's all i care about.

>>57522112
it lost price, not value
its value is the exact same

>>57522167
>but as long as i can get some shekels for them, that's all i care about.

https://monerometals.com/

>>57522172
before you could get more food and goods for it so no, its value is not the same
LOL

MONERO STILL THE BEST

BINANCE DELISTING PREDICTABLE MOVE

>MONERO STILL THE BEST

>BINANCE DELISTING PREDICTABLE MOVE

>>57522136
Tradeogre is one of the last based DEX's that is Monero friendly and kyc free.
>>57522144
This

>>57519335
Warned you faggots for years about XMR and ZEC. Get fucked with your shitty threads and stay poor

>>57522184
that might be the case. the dealer I posted had a larger selection, and by the time the government comes to collect at my door, it will be out of the country.
fingers crossed for Jamaican property, but eastern europe will do fine, just fine.

Who is still selling at these prices though?

>>57522310
XMR holders with enough of a brain to not lose everything I guess

>>57522310
its going down to $60 unironically

>>57522310
people who hold on exchanges.

>>57522074
All Monero is held by someone. If the Monero held by vendors dumps by 30% they have that much less incentive to deal in it. If the XMR held by potential shoppers dumps by 30%, that's 30% less goods they can purchase from your darknet markets.
You care about price, but bury it under layers of cope and denial.
Just watch, once the Binance delisting is though Monero will continue to stagnate, despite the biggest source of "wash trading and paper monero" being gone.

>>57522334
no it's liquidations and shorts

>>57522345
Which are all on exchanges.

>>57522341
the opposite
binance itself is know to short monero
a bad actor is removing itself
strong hand and buying and maybe just maybe, we can squeeze binance shorts

By the way. B*nance is leaving some big boots to fill. Although their true on-chain xmr volume is highly questionable.

Who do you think is going to attempt at that?

If youre falling for fud now. Christ in heaven, why did you purchase xmr in the first place? People pretend fundamentals, but drop it as soon as action occurs.

>>57522367
kraken works and will replace binance no issue at all

>>57522184
Lmao that's you're idea of a competitor to silvergoldbull? Shitty off-brand 1/4 gram gold coins, overpriced silver kruggerands, and nothing else? I think I'll stick with buying 1oz gold bars with Bitcoin.

>>57522361
Another cope you bagholders invented.

AHAHAHAHAHAHAHAHAHA

>>57522391
this is the easiest buy the dip if there was one

>>57522417
XMR is truly the comfiest hold, when people seethe about it i just feel bad for them desu

>>57522341

lmao the black market's demand for Monero is due to what it does so well i.e. keep them off the radar and out of prison, not due to how much it costs at any given moment.

So yeah, Monero will be just fine, organic demand will not be affected. Moonfags are more than welcome to leave.

Do you think we can go anywhere near the 2020 low of 25 usd per XMR?

>>57522186
>food
nobody is doing this
>goods
you can still get them, the ability to get them is not decreased

>>57520280
Actual retard here. Try using your “making money” crypto when trying to sell drugs or anything like that. Good luck getting buttfucked in jail

Monero is the only crypto I use. All other coins are utterly pointless to me. They're just amplified stock market. They're all surveillance nightmares worse than fiat. They're traps. Every time Monero gets delisted it only reinforces my belief that it's the only legit cryptocurency. I will continue to run a node and mine. I will continue to buy my VPS anonymously with monero.
Making money from pumping coins is a separate thing and >99% are interested only in that, but if you actually care about financial independence, exchange goods and services with monero and keep going. This is the only way forward.
More than a decade ago when I first heard about Bitcoin, anonymous and private internet money is all I wanted from it. Something that doesn't give a fuck about regional regulations this and that or real name accounts. Exactly like the real internet. But it was a stillborn baby. Now it's a zombie for (((them))) to trap (You).
I should probably get into exchanging monero to cash IRL now. You should start thinking about it too.

>>57522373
Kraken is a pussy though. They dropped xrp when the sec sniffed around.

>>57522481
ah so XMR is not money but just an electronic drugs receipt, good to know, and drug dealers don't need money for food or other goods right? They just sell drugs for more drugs, everything they own is drugs, they don't need to sell their XMR

yeah makes perfect sense, in the XMR baggie world I guess

>>57522553
xrp is worthless trash
Monero is cash money, lets see

>>57522208
KuCoin....?

come on shekels!
why aren't you selling you XMR!?

>>57522577
They freak out easily. Thats the issue here.

>>57522566
You get it!

>>57522607
the kraken enjoyed sorry but my buy walls will not fall

>>57522548
>More than a decade ago when I first heard about Bitcoin
are you rich by now?
I also heard about BTC around 2013/14 and it earned me many fruits

>>57522548
what do you need to mine monero? What's a decent rig?

>>57522466
Your black market vendors either:
A) sell all their Monero for USD on receipt meaning it will never be circular economy and exchange access and liquidity is important to them, or
B) just took a 30% loss on their holdings

>>57522566
Drug dealers don't hodl, they sell their XMR for fiat. Drugs are priced in fiat. Customers generally buy XMR in order to make one or two transactions. The value of XMR comes from its utility as a means of exchange and grows based on that. The more transactions that are made in Monero, the more of it is being "hodled" at any given time, but this is obviously a much slower process than with currencies that are bought based on sudden hype.

>>57522566
to explain why you're incorrect would be spoonfeeding you, which you don't deserve.

>>57522655
>A) sell all their Monero for USD on receipt meaning it will never be circular economy and exchange access and liquidity is important to them, or
Anonymity is important to them. That's why they're on Tor and i2p and not the clearnet, where the average brain dead drug addict hangs out.

Liquidity is also not that big of a deal when anonymous XMR-BTC exchanges are available.

>>57522624
order books won't even load :( fuck!
stop crashing the server you god dang white whale!

Should I buy the dip now or will it get lower?

>>57522726
Yeah

>>57522655
>A) sell all their Monero for USD on receipt meaning it will never be circular economy and exchange access and liquidity is important to them

lol nice assumption, bro.

>just took a 30% loss on their holdings

only if they sell at a loss, dipshit.

>>57522391
>I think I'll stick with buying 1oz gold bars with Bitcoin.

Be sure to smile for the camera lol

>>57522748
Thanks, bought 2 Moneros

>>57522624
ass

I boughted because of monerochan. Do it for her, anons <3

>>57522754
>only if they sell at a loss
So you admit price matters

>>57522790
109 that's me
STOP THE SELLING

>>57522793
Is it me or her boobs grow bigger as Monero usage grows?

>>57522805
97 is me

Why would this happen just due to Binance?

Doesn’t really make sense to me

>>57522859
>biggest exchange gets rekt
>-30%
seems normal tbqh

>>57522859
Turns out Binance wasn't printing paper Monero. They were actually the biggest source of demand.

>>57522841
this is the bottom BTW and the pump starts in less than 3 hours
we are pumping it back to ~140 ish

>>57522870
no that's not true
binance naked shorts monero

>>57522871
Check the chart. Buy walls have been crashed, we are going lower.

>>57522878
Persecution complex typical of midwit baggie cope. They are an exchange. They make money from fees.

>>57522886
We better not I just bought 2 whole Moneros

>>57522886
it's ok, the pump is a go no matter the price

>>57522804
>So you admit price matters

Price matters whenever you're running a business, asshat. Most of us, however, aren't darknet vendors.

>>57522906
it's never going back up
FUD FUD FUD

>>57522937
the only thing matters is how much beans, rice, and ketchup you have stockpiled.

>>57520280
uncomfortable truth

>>57522956
if you don't exit into PM or land, you'll lose in the end.

>>57522237
>Guy asking about gig work values
Think about the kinds of gigs you would do. Even for the smallest one, what fraction of an hour would they take to do? If it doesn't up with what I sent, then it's doomed to failure. .01XMR isn't money to live off of, at least for now.

wait what the fuck is happening

>>57523059
XMR is going on discount.

>>57523059
maximum pain
10k incoming (satoshi/xmr)

>>57523064
on what occasion?

>>57523073
Binance delist announcement.

>>57523073
binance is going to delist it

>>57523076
>>57523079
ah okay so a nothingburger
it's a sale indeed

congrats, you failed the midwit test.

Bros...its so over.....

Start exchanging monero <=> fiat/gift cards/gold/food in your local area. Usage is the pillar 1 of Monero, the pillar 2 is ensuring a robust exchange network. Monero needs to be usable as a wealth store too. We all talked about how the days of CEXes are numbered. So time to execute the next steps. Starting points, at least get established here:
moneromarket.io
localmonero.co

>>57522646
>what do you need to mine monero?
A regular CPU! Anything not too old.
>What's a decent rig?
Newer CPU means better hashes per watt. Moar threads mean more hashes.

>>https://xmrig.com/docs/miner/randomx-optimization-guide
>Memory size requirements
>2080 MB per NUMA node for dataset, 1 NUMA node usually equal to 1 CPU socket, the miner show number of nodes on startup.
>256 MB for cache on first NUMA node.
>256 KB of L2 cache and 2 MB of L3 cache per 1 mining thread.

xmrig (miner) -> p2pool (decentralized pool) -> monerod (node)

>>57523119
much obliged.

>>57522809
That’s where she gets her power

ÒÓÔÕÖŌỌØOOOOOO
IM M M I AM I I'M SLURPING

BACK TO $60 YOU GO HAHAHAHHAHAH

>>57522937
True, most of you are either savers who just lost 30% of their savings or buyers who just lost 30% of their purchasing power. In both cases price matters. All Monero is held by someone. Price matters to them because it determines the value of their accumulated labor.

>>57521870
Zoom out. Stablecoins, like fiat/gold/equities/real estate has continually declined in real, BTC denominated, terms.
>>57521825
Intention is worthless. BTC will continue to be used for the economic function it best fits, which is SoV.

>>57521908
>finally, price is 50% lower
hahahaha

>>57521825
Satoshi was also pro namecoin and that went to zero. He's not a God.

>>57522074
>muh heckin binance is short ladderino da monorno!
>Binance drops XMR
>Price tanks
Baggies gonna bag

>>57523220
>>57523188
>Says to zoom out
>Is screeching about short term movements
Kek

>>57523166
>just lost 30%

Not the first time, not the last time. Nothing about Monero has fundamentally changed so who cares?

Now FUD harder, we need more moonfags to sell!

Still the very best digital money out there. Fuck centralized exchanges.

FUCK *SLUUUUUUUUUUUUUUURP*

>>57523188

OK, retard, lets spell it out for you: centralized stablecoins aren't necessary/desirable if BTC is a reliable SoV.

Ergo, nobody actually uses BTC as a SoV no matter how much you laser-eyed faggots insist otherwise.

>>57523241
>Now FUD harder, we need more moonfags to sell!
strongly agree

The bag holder cope is insane
This time isn’t like others before
It’s literally over

>>57523241
I'll take you changing the topic as admission that price matters.

>>57523301
>I'll take you changing the topic as admission that price matters.

Stability is what matters matters, Monero works the same at $2 or $20K.

Now FUD harder!

>>57523282
https://www.youtube.com/watch?v=8US_N0Dnl10

>>57523188
>he doesn't know SoV is a secondary money characteristics to utility
Read up
>https://mises.org/wire/cryptocurrency-money-store-value-or-medium-exchange
>https://mises.org/wire/critique-bitcoin-stock-flow-model
For fuck's sake, these links should already be included the OP.

>price moves
>moonies show up in force
>"reeee what r we gonna do now?!?!"

I wouldnt know this even happened if i didn't have a price checker on my desktop. Why do people even care so much? Because binance is a large exchange? Everyone else who still trades it will be enriched instead now.

I just bought an unknown amount of monero.

>>57523324
>price doesn't matter, price volatility matters
I.e., price matters. And its not stable at all.
And at $2 the network would have zero security. Meaning it wouldn't work at all.

Sub 100?

>>57523282
I guess this is how the dog coin people feel at the very top of a candle.

>>57523347

Talking about commerce here, numbskull.

>>57523349
double digits would be psychological, i'm expecting 97

>>57523356
You can't have commerce on an insecure network.
Meaning price matters.

NEW THREAD: >>57523381
>NEW THREAD: >>57523381
NEW THREAD: >>57523381
>NEW THREAD: >>57523381
NEW THREAD: >>57523381
>NEW THREAD: >>57523381

>>57522326
it was still 120 when I posted this, did YOU >>57522310 sell?

>>57523386
lmao holy shit nigger go back to r/autism

>>57522548
>>57522641
Latefags i heared about it 2011 at latest
(did buy in 2020)

>>57523443
Just admit price matters (which it does).
Or at the very least go read some Von Mises.

>>57522660
true I don't deserve to lose all my money by holding XMR, thanks for looking out for me.