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/biz/ - Business & Finance


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57723477 No.57723477 [Reply] [Original]

Welcome to the Monero General, dedicated to the discussion of the world's leading decentralized P2P privacy cryptocurrency!

Monero is secure, low-fee, and fungible, meaning users can send XMR around the globe despite corrupt governments or broken financial systems. Innovative privacy features such as Ring Signatures, Stealth Addresses, and Ring CT ensure that Monero's blockchain is obfuscated -- In other words, the financial history of all Monero users is encrypted from the prying eyes of adversaries on a public blockchain, with transactions being visible only by a user willingly providing a view key.

Monero has also improved upon the scaling downsides of current popular cryptocurrencies. To avoid high fees, dynamic block size ensures that the size of the blocks will increase as the amount of transactions increases. Further, the mining network algorithm RandomX establishes that anybody with a CPU can participate in mining, preventing the ASIC miner domination that creates a high barrier to entry. Lastly, the mining network will be preserved by Tail Emission -- instead of the block reward falling to zero like with Bitcoin, the block reward gradually approached 0.6 XMR in June 2022, where it will forever stay. This constant linear inflation means the inflation rate will asymptotically go to zero while continuing to provide an incentive to miners to maintain the network.

If you still have questions, feel free to ask and a MoneroChad will be with you shortly.

XMR Redpill: https://yewtu.be/watch?v=wq6w03E2DS4

XMR Stats: moneroj.net

USE Monero: https://cryptwerk.com/pay-with/xmr/

OFFICIAL WEBSITE - getmonero.org

WHERE TO GET MONERO?

>KYC:
Kraken
Bitfinex

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

>Mining
archive.is/TWOah

HOW TO STORE MONERO?

>Desktop
Official Gui/Cli
Feather

>Mobile
IOS: Cakewallet
Android: Monerujo

>> No.57723489
File: 577 KB, 1298x900, 162614854231641471.jpg [View same] [iqdb] [saucenao] [google]
57723489

PREVIOUS THREAD: >>57666726

>> No.57723496
File: 888 KB, 1568x1080, P2Pool.png [View same] [iqdb] [saucenao] [google]
57723496

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

>> No.57723501
File: 65 KB, 560x558, TakeThePill.jpg [View same] [iqdb] [saucenao] [google]
57723501

*****/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

>> No.57723511
File: 1.47 MB, 1920x3246, CypherpunkManifesto.png [View same] [iqdb] [saucenao] [google]
57723511

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 #
>Gramazon #
>Hectate Market #
>Mercury Market #
>Pygmalion's Refuge
>Retro Market
>Smackers
>Sonanza Market #
>Squid Market
>SuperMarket #
>Tribe Seuss
>Whales Market #
>Wizard's Palace #
>World Trade Center #
Links: https://pastebin.com/raw/ivG7HN52


>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/

>> No.57723518
File: 540 KB, 1764x866, i2p.png [View same] [iqdb] [saucenao] [google]
57723518

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.

>> No.57723520

3D PIG DISGUSTING

>> No.57723526
File: 1.12 MB, 1920x1080, MuhPriceAction.png [View same] [iqdb] [saucenao] [google]
57723526

>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

>> No.57723998
File: 2.33 MB, 2133x2133, __wakasagihime_touhou_drawn_by_kaigen_1025__675151c24addd279bc3488097d606750.jpg [View same] [iqdb] [saucenao] [google]
57723998

BTC is over 44k.

>> No.57724001

Who needs this when CJ/LN already exists?

>> No.57724013

>>57723520
Real women need loving too.

>> No.57724071

>>57723059
never heard of Kuno is that also a marketplace for monero? do they use escrow too?

>> No.57724087 [DELETED] 

>>57723477
Guys, check out the airdrop

https://goo.su/9z5gnCL

>> No.57724124

>>57724071
looks like it's Monero based crowdfunding for people who can't sling up a webpage on their own with QR/link for donations

>> No.57724209

is that op pic ai?

>> No.57724535

>>57724013
Just kidding, would coom and breed.

>> No.57724542

Is it still possible to mine MONERO witrh NVIDIA GPU?

>> No.57724649

>>57724071
like this anon said >>57724124
I'm going to make a XMR-only blacksmithing business for any anons on moneromarket who want knives, forged nails, etc.

>> No.57724786

>thread has 3 replies if it wasn't for terroristbot posting
Wow ok I will buy your illegal coin now

>> No.57724838

>>57724786
>illegal coin
show me a place where monero is outlawed

>> No.57724857
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57724857

>>57724838
Monero is on kucoin. Can't use kucoin in America or Canada
Monero is on kraken. Can't use kraken in America or Canada
Monero is on binance (haha oh woops)
Monero isn't on coinbased. Because Brian knows how to play the game and won't touch anything illegal

It's not illegal in name but my grandpa won't ever touch it. It's time to sell

>> No.57724864

>>57724857
bad b8 m8

>> No.57724869

>>57724857

Buy Bitcoin anywhere and exchange it for Monero (XMR) on tradeogre.com.

>It's not illegal in name but my grandpa won't ever touch it. It's time to sell

I remember a Deutsche bank exec I met in person who said the same thing about Bitcoin back in 2015. She sounded so authoritative and firm, then fast forward to 2021, she said she wished she bought some back then.

>> No.57724870
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57724870

>*angry terrorist keyboard sounds*
Do I have to remind you that america is the world? I thought terrorists were smart

>> No.57724876

I'd honestly buy some xmr but I don't want to lose money.

>> No.57724882
File: 270 KB, 800x757, It's That Simple.png [View same] [iqdb] [saucenao] [google]
57724882

>>57724864
>actively advised selling to you terrorists since $160 levels
>>THIS IS LE BAIT
have it your way, I'll be over here stacking ltc. Let's check the chart real quick though

>> No.57724950

>>57723477
this is not a man

>> No.57725122

EYES ON THE PRIZE

> SERAPHIS
> JAMTIS
> FULL MEMBERSHIP PROOFS

MONERO IS THE FINAL SOLUTION TO THE TAXMAN QUESTION.

>> No.57725156
File: 59 KB, 1071x796, Screenshot_20240226_014306.png [View same] [iqdb] [saucenao] [google]
57725156

>>57724876
My brother in Christ, if you can't make money trading this, you need to stay away from crypto.

>> No.57725434
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57725434

>>57725156

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

>> No.57725439

>>57723477
I'd like to deposit my moneros with her

>> No.57725716

Loving the FUD lately.
Globohomo hating xmr can only mean good things.
Scooping these cheapies up

>> No.57725802
File: 73 KB, 2560x1707, lebxmr2.png [View same] [iqdb] [saucenao] [google]
57725802

fuck keynesians
stack monero

>> No.57725943
File: 21 KB, 1146x728, 1000001831.png [View same] [iqdb] [saucenao] [google]
57725943

>there are people out there who didn't slurp the Binance dump

>> No.57725958
File: 268 KB, 1072x960, Monero_02-25-24.jpg [View same] [iqdb] [saucenao] [google]
57725958

>>57723477
Hey guys, can i get some commentary on this thread that happened in /pol/?

https://archive.4plebs.org/pol/thread/459863453/

>> No.57726023

>>57725958
>muh insider info
0 proof or arguments
what's there to comment

>> No.57726055

>>57723477
why is that vagina so puffy? is that a man?

>> No.57726079
File: 35 KB, 220x234, 1688406167640012.gif [View same] [iqdb] [saucenao] [google]
57726079

>>57726055
She's in heat and craves your seed.

>> No.57726205

>>57724542
Possible but hilariously inefficient. Just recently tried it out for shits and giggles and my (admittedly old) 1080ti got about as much as a single (intel, so suboptimal) cpu thread. For context, I can utilize 8 of those to full potential for less wattage..

>> No.57726206

>>57725958
The last post in your screencap says it all. Whoever created this fud is an idiot.

>> No.57726252

What do you think about Railgun?

>> No.57726357

>>57726252
I don't

>> No.57726415
File: 103 KB, 1101x527, XMR_02-06-24.jpg [View same] [iqdb] [saucenao] [google]
57726415

>>57726023
>>57726206
Ok thanks. Been out of the crypto scene for a long time so idk wtf has been going on with anything at all.

One more question:
What happened on Feb. 6th when the price dropped ~$65 in one day?

And it's good to see you LebAnon. We talked a couple times on /pol/. Glad you're still alive. Hope your family is ok and you didn't lose any body parts to the loan sharks or general chaos over there.

>> No.57726447

>>57726415
thank you brother
yeah kikes unironically just bombed northeast beirut like 3 hours ago
this was probably a scamwick, fuck CEX

>> No.57726610
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57726610

>>57725958
Hehe. Reminds me of the CipherTrace guy that suggested they used wallet addresses to trace something on the blockchain.

>> No.57726666

>>57725958
He is right. RandomX has nothing to do with privacy. OP is a faggot, as usual.

>> No.57726687

>>57726415
binance announced delisting monero but apparently didn't had the liquidity to allow withdrawals so people panic sold.

>> No.57727097

>>57723477
I tried to figure out that nostr thing but wasn't successful. Can somebody comment on 'https://kycnot.me/service/ln%20vpn' that the service category has to be "VPN", not "Aggregator", pls?

>> No.57727322

I'm Satoshi

>> No.57727523
File: 114 KB, 1000x563, Azusa_snaps.jpg [View same] [iqdb] [saucenao] [google]
57727523

>mfw a service accepts LTC but not XMR
Anyone using LTC to pay for services? Does it have something like privacy wallets for BTC?

>> No.57727733

>>57727523
I suspect they set up their crypto processor years ago and haven't been following it.

>> No.57727735

>>57723477
If Monero was worth anything they wouldn't have to advertise using the cringe sexbait. If you can't buy bread and gas with it, it ain't worth shit.

>> No.57727742

>>57727733
Seems like it's not the case, they only recently started accepting LTC and USDT.

>> No.57727757

>>57727735
I will sell you 1 gas and 1 bread for moneros

>> No.57728050

>>57727742
weird lmao

>> No.57728111
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57728111

>>57727523
there’s mweb you can use in the core wallet, but you could also just use grin, which is faster / lighter and privacy by default

>> No.57728362
File: 706 KB, 1026x1521, 16219214262585.jpg [View same] [iqdb] [saucenao] [google]
57728362

>>57724876
>I'd honestly buy some xmr but I don't want to lose money.

Very wise of you, Monero Is A Terrible Investment.

>> No.57728388
File: 375 KB, 1039x883, silent.link.png [View same] [iqdb] [saucenao] [google]
57728388

>>57725958
>Hey guys, can i get some commentary on this thread that happened in /pol/?

As Monero continues taking over Bitcoin's old jobs maxipads are getting evermore anxious so the level of baseless FUD is ramping up, its to be expected.

>> No.57728461

>>57725958
>10x short at 125
>oh shit why is it going up

>> No.57728505

>>57723998
For now, it's going to zero by EOY. Buy Monero if you want to actually make it.

>> No.57728507

>>57726252
Opt-in privacy doesn't work. Privacy and smart contracts are antithetical. If you want a private smart contract, you first establish the funds used to set up the contract are clean.

>> No.57728680

DAILY REMINDER

monero coin

>> No.57728767
File: 2.42 MB, 1920x1080, amazing.png [View same] [iqdb] [saucenao] [google]
57728767

>>57728680
Monero coin for buying eggs, vegetables and crops.

>> No.57728797
File: 353 KB, 544x498, 1660759019014577.gif [View same] [iqdb] [saucenao] [google]
57728797

>>57725958
>monegro

>> No.57728838

>>57726687
>but apparently didn't had the liquidity to allow withdrawals
This is why I would never trust an exchange

>> No.57728941 [DELETED] 
File: 1.84 MB, 480x360, 30a.gif [View same] [iqdb] [saucenao] [google]
57728941

>>57725958
C'mon anon just sell it.
Don't you see? It's flawed like OP in picrel said, it's from insider sources after all.
Just sell it anon, it will be worthless in 2 weeks

>> No.57729667

WTF is this volume. Who slurpin 500M every day?

>> No.57729923
File: 2.65 MB, 1920x2705, 1664306227366718.jpg [View same] [iqdb] [saucenao] [google]
57729923

>>57729667
I bought an n > 1 unknown amount of Monero yesterday.

>> No.57729954

>>57723477
is this a real girl

>> No.57729976
File: 70 KB, 1025x517, slurp.png [View same] [iqdb] [saucenao] [google]
57729976

>>57729667
>>57729923
The Russian Monero-chads.

>> No.57730015

>>57729976
holy shit

>> No.57730022

>>57729976
are these mainnet coins? where did you get this screenshot? fucking lucky bastard.

>> No.57730060
File: 37 KB, 400x400, 1477591130312.jpg [View same] [iqdb] [saucenao] [google]
57730060

>>57730022
>are those mainnet coins?
Seem to be. It's from a Russian anon image board.

>> No.57730084
File: 1.27 MB, 1024x1024, 00001-1636162550.png [View same] [iqdb] [saucenao] [google]
57730084

>>57729976
Is this wallet safe? Looks much better than the official one. I prefer the Electrum style.

>> No.57730097

>>57730084
That's Feather Wallet. It's the best desktop wallet other than the fullnode GUI.

>> No.57730100

>>57730084
Yeah, it also allows you to use polyseed (16 word seeds). I use it to generate all my wallets.

>> No.57730154
File: 246 KB, 1500x1125, 1688391316056212.jpg [View same] [iqdb] [saucenao] [google]
57730154

>>57729976
Is that 6 figure poorfolio supposed to be impressive?

>> No.57730255
File: 121 KB, 220x127, anime-shocked-535511509.gif [View same] [iqdb] [saucenao] [google]
57730255

>>57730154
Dios mio

>> No.57730261

>>57730154
My..

>> No.57730274

>>57730154
Whats that wallet tho, looks sick
I'm still on Exodus

>> No.57730308

>>57730274
It's the official Monero GUI wallet. Don't use Exodus man..

>> No.57730334
File: 140 KB, 1920x1080, 1703747164642531.jpg [View same] [iqdb] [saucenao] [google]
57730334

>>57730274
>Exodus
It's literally closed source malware, anon.

>Open-sourcing all aspects of a product (including the design and user interface elements) makes it very easy for others to copy.
>This makes it easier for hackers to make fake, malicious, phishing versions of Exodus. Hackers post these fake versions in an attempt to steal your private information and crypto.
>So while some elements of Exodus are open-source, some are not, to make it more difficult for hackers to steal your funds.
>>make it more difficult for hackers to steal your funds
....

>> No.57730373
File: 110 KB, 853x1000, 73lufb.jpg [View same] [iqdb] [saucenao] [google]
57730373

>>57730334
>>57730308
Thanks for saving me anons

>> No.57730499

>>57730373
Yeah dude, exodus is for amounts you're willing to lose and swaps you're willing to show. Assume its all being logged.

>> No.57730514
File: 2.46 MB, 3024x4032, 9.jpg [View same] [iqdb] [saucenao] [google]
57730514

>>57729954
>is this a real girl

You must be new here.

>> No.57730717

>>57730514
I've never clicked on one of these threads

>> No.57730824

>>57730154
But why

>> No.57730854

>>57730154 (You)
You're up to something aren't you?

>> No.57730929
File: 11 KB, 300x450, 1707054479506539.jpg [View same] [iqdb] [saucenao] [google]
57730929

>>57730824
maybe he's satoshi niggamoto, creator of monegro

>> No.57731149
File: 1.13 MB, 1024x1024, 2024-02-26_18-35-01_2906.png [View same] [iqdb] [saucenao] [google]
57731149

>>57730097
>>57730100
And even has Tor so I can use those fancy nodes called "Sneed"

Ctrl+F Sneed
https://monero.fail/?chain=monero&network=mainnet&onion=on

>> No.57731161

>>57730514
what do the monero panties smell like

>> No.57731221
File: 694 KB, 500x620, 1661302148487201.gif [View same] [iqdb] [saucenao] [google]
57731221

How many fumos left?

>> No.57731234

>>57730154
I too can use inspect element

>> No.57731262

>>57731234
Monero GUI is not a web wallet, it's a native wallet written in C++

>> No.57731327
File: 37 KB, 512x340, 53578759.jpg [View same] [iqdb] [saucenao] [google]
57731327

>>57731161
>what do the monero panties smell like

fungibility.

>> No.57731340

>>57731262
>he doesn't know

>> No.57731484

>>57731221
10 or less according to last post from the merchant (no 89 was sent). He posted about 4 days ago.

>> No.57731527

>>57731262
It's open source though.

>> No.57731554

>>57731484
>>57731221
I'd buy if I could pay with credit card or paypal. A lot more convenient.

>> No.57731640
File: 23 KB, 400x400, 7Va5Lx-d_400x400.jpg [View same] [iqdb] [saucenao] [google]
57731640

>>57731554
>not wanting your fumo to be privacy preserving and anonymous
>wanting your fumo to be seen and logged by the WEF

>> No.57731811

>>57731554
Anon, transacting with Monero is easy and simple. That's part of why I believe in it. The only hard part is onramping from fiat.

>> No.57731878
File: 266 KB, 1200x1145, wirey.jpg [View same] [iqdb] [saucenao] [google]
57731878

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

>> No.57731902
File: 2.73 MB, 1819x2877, 1662812359074581.png [View same] [iqdb] [saucenao] [google]
57731902

>>57731878
Anon, that IRC server is empty...

>> No.57732703
File: 15 KB, 882x758, 9645502283ea98b61ef3a6a8797ddd7d.png [View same] [iqdb] [saucenao] [google]
57732703

we're missing the buttrun

>> No.57732704

>>57731640
It's a fumo. Who fucking cares?

>>57731811
Onramping from fiat is the most important part.

>> No.57733049
File: 724 KB, 1024x1024, chips.png [View same] [iqdb] [saucenao] [google]
57733049

>>57732704
When you actually get into monero the need for on/offramps decreases as you earn and spend monero in the circular economy.

>> No.57733060

>>57730060

which board, got a link?

>> No.57733143
File: 147 KB, 1280x720, 1689247144696448.jpg [View same] [iqdb] [saucenao] [google]
57733143

>>57732703
>we're missing the buttrun

Once you realize just how much price manipulation is going on, the FOMO vanishes and you can start enjoying the clown show.

>> No.57733246

I'm Satoshi

>> No.57733363

>>57729667
>Who slurpin 500M every day?
What? Are you okay, anon?

>> No.57733577

>>57733363
I read scale wrong, actually it was a single spike yesterday. But anyway, it was 597M$, on both Coinmarketcap and Gecko. More than during Binance dump.

>> No.57733628

>>57733577
meds

>> No.57733645

>>57725958
This thread proves that /pol/ are actual retards. They are not pretending. Sometimes I want to think they are under seven layers of irony, because otherwise it is so sad.

>> No.57733898

>>57733645
/pol/ are abject retards about everything but the basics. It's the same on any technical topic, you get everything from boomer fuddlore to deeply unmedicated schizoposting.

>> No.57734183
File: 141 KB, 930x500, 1680699462555696.jpg [View same] [iqdb] [saucenao] [google]
57734183

>>57733645
How so?
Almost everyone calls out OP or just plain mocks him (except the memeflags). One even provides a technical explanation.

>> No.57734231

>>57733645
Makes sense why pol loves Monero so much then.

>> No.57734514

Received 2 XMR as payment. Gonna diamond hand the stack I make in business til dex are the norm.

>> No.57734561

Binance continues to fake Monero's price through Coinmarketcap.
If you check the individual markets it's long passed $130 but CMC has it suspiciously capped below $130
https://archive.is/ycXf4
>>57729667
There's an exchange reporting fake volume called CoinDCX. $800M volume currently.
https://coindcx.com/trade/xmrbtc

>> No.57734745

>>57725958
>the absolute state of /pol/ users

>> No.57734758
File: 211 KB, 1080x2340, Screenshot_20240226-202208.png [View same] [iqdb] [saucenao] [google]
57734758

>>57734561
I think that's a legit site fuckup due to the feed from Binance being cut. The chart still shows the real price.

>> No.57734806

>>57730084
Feather is like the official gui wallet but without all the features no one uses

>> No.57734812

>>57729954
yes not ai

>> No.57735087

Why does it keep crabbing is the inflation bug real? Where's the selling pressure coming from?

>> No.57735252

Antimoonfags utterly BTFO.
How does this make you feel?

>> No.57735398

>>57735087
Binance still faking shit, as well as KuCoin now too

>> No.57735417

>>57735252
What are you talking about

>> No.57735438

I severely regret not buying a bunch of XMR at $100. Would have been a free +40%...

>> No.57735476
File: 347 KB, 496x496, 7C5FAA38-698B-4989-9D0F-E5ACA68828F1.png [View same] [iqdb] [saucenao] [google]
57735476

>>57723477
Hey nig
You can’t talk about monero without talking about the child of money the fork of monero
SAFEX and SafeX Cash that goes on the world market place. The project is chugging along the next beta app is out on the SafeX forums called the big box store

>> No.57735516

>>57735438
Stfu moonfaggot

>> No.57735538

>>57735516
No. Price does matter. Being a store of value matters. If for nothing else, than for liquidity.

>> No.57735959

>xmr has climbed to 85% of its value before the delisting was even announced
>its price is guarantably more stable now that the largest volume of moonfags have been locked out of the marketplace
>most of the speculators who hurt its value in the first place have either gone back to the coin or been replaced by serious investors who are less itinerant retards
what we drinking tonight gang

>>57735476
>it has pepe frog in it that means 4chan will buy it rite?
if a single market deploys or gave a flying fuck literally any of these zogged startup "privacy coins" i would *consider* even learning about them. as it is they are opportunists at best trying to capitalize on retards buying the XMR fud. but wouldn't be surprised if some were actual psyops

>> No.57736592
File: 21 KB, 400x300, 1707393503710374.jpg [View same] [iqdb] [saucenao] [google]
57736592

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

>> No.57736625

>>57723477
I need 2 things answered:

1: I'm an actual newfag, how do i mine monero? Hold my hand through it & Explain like im 5.

2: (This is the more important question) Name of the slut in OPs pic? Source? Sauce? Plz?
>Again 2 is the more important question
Thank you.

>> No.57736643

>>57723477
Isn't that motherfucking Kiwawa

>> No.57736676

>>57736643
Who? I'd like sauce... >>57736625 it's for financial reasons

>> No.57736820

>>57723998
It's now over 56k. Nice thread.

>> No.57737130

>>57736625
>how do i mine monero?
https://gupax.io

>> No.57737152

>>57736820
Less upside movement for the month, smaller intraday range, no clear use case.

>> No.57737245
File: 27 KB, 580x278, dftgyuhijk.png [View same] [iqdb] [saucenao] [google]
57737245

Do I have to get accepted messages to be contributing and earning xmr, or do new job messages also mean I am?

>> No.57737261

>>57737245
Afaik accepted means you have submitted a valid work. Therefore you are contributing to the security of the network.

>> No.57737296

>>57737245
Yes, you need to be getting accepted messages in order to get paid.

>> No.57737300
File: 92 KB, 582x723, 1709005268599597.jpg [View same] [iqdb] [saucenao] [google]
57737300

>>57737130
Oh I'm retarded.

But i still need sauce on the chick in OPs image...
>>57736625
>2: (This is the more important question) Name of the slut in OPs pic? Source? Sauce? Plz?
>>Again 2 is the more important question
>Thank you.

Need sauce......

>> No.57737329

>>57735959
0% chance that some of these projects aren't directly funding glowies.

>> No.57737335

>>57737245
>900 h/s

anon you aren't going to earn shit with that.

>> No.57737446

>>57737335
yeah, it's an i5 8th gen ):

>> No.57737701

Reading satoshi emails i think there are only 2 important developments left for CryptoCurrencys,

1) decentralized stock ownership, i don't know how the stock market works but i am sure the sp500 is in blackrock or whatever centralized garbage
2) a decentralized artificial inteligence that uses distributed computing, a general artificial inteligence that replaces all workers but isn't controlled by sam altman and has decentralized ownership is actually a net benefit to humanity

Anything else is a gimmick

>> No.57738057

>>57737701
>2) a decentralized artificial inteligence that uses distributed computing, a general artificial inteligence that replaces all workers but isn't controlled by sam altman and has decentralized ownership is actually a net benefit to humanity
post sauce on the recent leaked satoshi emails which say this part

>> No.57738069

>>57734758

I see it switching between $129 and $136 on coinmarketcap, definitely some kind of a glitch. Any explanation?

>> No.57738120

>>57738057
No it doesn't say anything of that, but i read his comments on how bitcoin could be used and it would start with digital goods first like digital collectibles and digital books, so of course the next step to inventing decentralized money is inventing stocks that have no central control and ai that has no central control

>> No.57738560

The best is yet to come:

1) serai.exchange
2) haveno.exchange
3) samourai swaps
4) basicswapdex.com

Go and shill Monero. Go and send email to every online business to consider accepting Monero payments. Setup their XMR payment processors yourselves, if necessary.

>> No.57738589
File: 672 KB, 1024x1024, 1708900123441789.jpg [View same] [iqdb] [saucenao] [google]
57738589

>>57734806
The only thing missing is more currencies for the balance, like Electrum.

>> No.57738826
File: 1.17 MB, 768x1024, sm_3672691644.png [View same] [iqdb] [saucenao] [google]
57738826

>>57738560
>Go and send email to every online business to consider accepting Monero payments.

Yes, do: https://www.gog.com/wishlist/site/accept_monero_xmr

There's a retarded comment supposedly shitting on Monero too over there.

>> No.57738861

>>57723477
Wow. His tuck game is on point

>> No.57738931

1/2
Monero vs. Bitcoin: Fungibility

One of the main reasons privacy is important for Monero and Bitcoin is that without privacy, money cannot be fungible. Fungibility means one unit of money is interchangeable with any other unit of money.

Imagine that a political dissident fighting against the oppressive government in your country came to eat at your restaurant. You have no idea that this person is wanted by the government and accept BTC as payment for his meal. Later on, you learn that the BTC you received are not spendable anywhere because they have been blacklisted by the government.

This kind of scenario proves that Bitcoin lacks fungibility, or that 1 BTC = 1 BTC no matter what, since all transactions are public and BTC associated with unwanted activity can be tracked and blacklisted. Even if you yourself did not participate in any activity that would “taint” some Bitcoin, you could unknowingly receive “tainted” BTC from someone else to later find out that they are useless due to their “tainted” nature.

In the real world, a dollar bill is a dollar bill. Even though there's a good chance that your dollar was used for something illicit, since 80% of dollar bills have traces of cocaine, merchants will accept your money because they know that they can use it elsewhere without anyone questioning its legitimacy.

Monero solves this fungibility issue by automatically applying privacy to every single transaction. Even if Monero in your possession was used for something illicit in the past, no one can know that since Monero transactions are private. It's source or transaction history cannot be easily tracked.

>> No.57738938

>>57738931
2/2
For better or for worse, Monero is widely accepted on illegal darknet markets, and its fungibility is a primary reason for that. Unlike Bitcoin which travels through the darknet and can be blacklisted by exchanges who won't let users sell it for government currencies like the dollar, illicit Monero cannot be blacklisted and shows up in the system just the same as Monero from something as innocent as Monero from a children's charity. This property of Monero has made it one of the few altcoins (crypto that isn't Bitcoin) with a use case beyond speculative trading.

>exodus site

>> No.57738948

>>57738931
MONERO IS NO BETTER IF ALL THE MONEROS ARE BLACKLISTED BY THE STATES WHICH IT WILL BE UNDER MEME STATES ABSOLUTE MORON.

>> No.57739307
File: 136 KB, 500x550, lr.gif [View same] [iqdb] [saucenao] [google]
57739307

>>57738948
1 xmr = 1 xmr

>> No.57739335

>>57739307
since xmr is inflationary, no not really

>> No.57739407
File: 48 KB, 1024x576, b997f.jpg [View same] [iqdb] [saucenao] [google]
57739407

>>57739335
it's deflationary because it's a fixed rate
it's already lower than gold
and lower than btc

>> No.57739605
File: 391 KB, 1920x1080, 1706309149633218.jpg [View same] [iqdb] [saucenao] [google]
57739605

>>57738948
>MONERO IS NO BETTER IF ALL THE MONEROS ARE BLACKLISTED BY THE STATES WHICH IT WILL BE UNDER MEME STATES ABSOLUTE MORON.

>can't use "blacklisted" XMR in white markets
>can still use "blacklisted" XMR in black/grey markets

>can't use blackisted BTC in white markets
>can't use "blacklisted" BTC in black/grey markets either

Note the difference.

>> No.57739742
File: 389 KB, 827x1181, 168497852897.jpg [View same] [iqdb] [saucenao] [google]
57739742

>>57735252
>Antimoonfags utterly BTFO.

Hating moonfags doesn't also entail being disappointed when the price goes up, numbskull.

>> No.57739787
File: 109 KB, 1040x585, 14.jpg [View same] [iqdb] [saucenao] [google]
57739787

>>57736625
>Name of the slut in OPs pic? Source? Sauce? Plz?

Her name is Monero-chan.

>> No.57739919

>>57739335
found the brainlet

>> No.57739926
File: 156 KB, 1092x750, 1708948231512129.jpg [View same] [iqdb] [saucenao] [google]
57739926

>>57739787
Are you sure that's not a kun?

>> No.57740182

>>57739407
increase at a fixed rate means overall increase in supply still which means inflation, you are a very stupid person

>> No.57740224

I'm Satoshi

>> No.57740422
File: 517 KB, 1200x2005, 1664140419374665.jpg [View same] [iqdb] [saucenao] [google]
57740422

>>57736625
Monero sisters like to retain their privacy.

>> No.57740456

wtf is this spike?????

>> No.57740511

>>57740456
what spike fren?
we don't want pumps here

>> No.57740541

>>57740182
NTA, but reconciling fixed-rate inflation with natural coin loss (e.g., user death, seed loss, etc.) and exponential world population/economy growth will result in a currency with deflationary traits.

>> No.57740624

>>57739605
future illegal transactions will be made of 1000s of users coinjoin in a single transaction

>a black/grey market that follows states blacklisting instructions
lol

>> No.57740656

>>57740541
there can always be a drop in birthrate creating a drop in world population, best example is what is happening right now, and it can happen again any time in future history

>> No.57740662

>>57738826
Can I call someone the N word in gog forums?

>> No.57740836

>>57740662
No

>> No.57740873
File: 43 KB, 372x351, 1709013317674690.png [View same] [iqdb] [saucenao] [google]
57740873

>>57739335
>since xmr is inflationary, no not really

>> No.57740890
File: 415 KB, 1078x633, DarkMatter.png [View same] [iqdb] [saucenao] [google]
57740890

>>57740624
>future illegal transactions will be made of 1000s of users coinjoin in a single transaction

lol at the current rate of abandonment Bitcoin won't be accepted on the black market for much longer.

>>a black/grey market that follows states blacklisting instructions
>lol

see above, retard.

>> No.57740948

>>57740656
>there can always be a drop in birthrate creating a drop in world population
kek, it's strange to see a bitcoiner finally argue that past performance is no guarantee of future results.

>> No.57741030

>>57731221
It's down to 5 or 6, will be shipped today.
Btw I have two special versions (aka with manufacturing errors), they are missing the black cloth on one of their arms, one on the left, the other on the right.

If anyone wants to have this one-off a kind combo, buy 2 and let me know in the notes, you'll get upgraded to the supremacy edition for free as well :)

>> No.57741388

>>57740182
>tell me you failed high school algebra without saying
What's lim(0.6/x) as x -> ∞?

>> No.57741428
File: 33 KB, 700x400, 1691842487498852.jpg [View same] [iqdb] [saucenao] [google]
57741428

>>57741030
Full disclosure:
I still have xmr for three more fumos and I'm trying to snipe #99 and #100 specifically. I'm the retard who bought 5 yesteryesterday BTW. Wouldn't mind buying one of the special editions also. But if you're not comfortable with me buying any more that is also OK, I'm know I'm going full retard here.

>> No.57741480

>>57741428
how do you know which number they are

>> No.57741511

>>57741480
>It comes with a credit-card sized plastic certificate of authenticity which has a serial number of 1 out of 100. Serial numbers get assigned chronogically, so order #1 gets #1, etc.

>> No.57741581

>>57741428
Please enjoy fumos responsibly :)
I'll set it to show how much stock is remaining later or tomorrow.


>>57741030
This was wrong btw, I'm still waiting on a refill of history stickers to get here before shipping, ETA tomorrow.

>> No.57741588

>>57741428
may i see your fumo collection?
I didn't knew there were other fumos apart from reimu and cirno

>> No.57741611
File: 38 KB, 800x921, 1696358986942128.jpg [View same] [iqdb] [saucenao] [google]
57741611

>>57741428
>I'm the retard who bought 5 yesteryesterday

>> No.57741668
File: 2.49 MB, 2048x3072, 1682595908048446.jpg [View same] [iqdb] [saucenao] [google]
57741668

>>57741611
Monero-chan appreciates you

>> No.57741672
File: 2.00 MB, 3000x4000, IMG_20240227_170930.jpg [View same] [iqdb] [saucenao] [google]
57741672

>>57741588
I don't have any other fumos, but the Monero-chan fumo army is on the way.

>> No.57742194

>>57740182
Increasing supply has no implications for demand (outside of tardies like you not buying it for that reason specifically). If the rise in demand is higher than the increasing supply the price is still rising. Low supply is only a boon (if you are a moonfag/haver and high price = good to you) relative to demand, not on its own. Demand is generated elsewhere and not necessarily tied to supply, as is showcased by there being only one of you yet nobody giving a fuck regardless and your value according to it.

>> No.57742232

>>57741388
what is the amount of monero in year 3000? year 30000? year 10^999?

>> No.57742271

>>57742194
increase in supply dilutes value, if you have to rely on an exterior factor to maintain value then it means your currency is intrinsically dog turd as a store of value, and will lose competition vs proper money

>> No.57742279
File: 673 KB, 1540x2048, my partially erect clock.jpg [View same] [iqdb] [saucenao] [google]
57742279

Loving my MoneroMarket purchase, making good progress. Anyone else comfy as heck this week?

>> No.57742305
File: 75 KB, 1043x502, goldsupply.png [View same] [iqdb] [saucenao] [google]
57742305

>>57742271
>increase in supply dilutes value

lol what an unmitigated retard. Gold as been inflating for the past 5000 years, still holding up remarkably well!

>> No.57742530
File: 133 KB, 1520x1080, 73f1504c1bb3cdd3f76dece9af620da8df4a8906f88fd70fce64fbed5051bf7d.jpg [View same] [iqdb] [saucenao] [google]
57742530

>>57742279
I'm /comfy/ mining and thinking of increasing the number of EPYC processors I own.
Didn't know they can run so cold, 54C while mining.

>> No.57742532

>>57742232
Currently it'll hit 42m around 2175 and stop. Future generations may change the protocol to increase security. Right now you have .85% inflation heading asymptotically to 0.

>> No.57742567

>>57742530
What's your hardware cost? I'm trying to build out mining but H/s/$ is killing me.

>> No.57742601

>>57723477

What I wanna know is, when did Monero (Ticker: $XMR) get so dusty?

I remember when it was all shiny and 1337, the cypherpunk coin for shady doings and druggy deals.

Now it's a smelly coin, held by boomers and pretty much consigned to the same dustbin of history as Litecoin (Ticker: $LTC)

What went wrong?

>> No.57742642
File: 49 KB, 890x625, shadowstatsgold.png [View same] [iqdb] [saucenao] [google]
57742642

>>57742305
Lol no

>> No.57742702

>>57742601
it's as fresh and shiny as ever faggot
nothing went wrong and it's being used as intended

>> No.57742713

>>57742271
>your currency is intrinsically dog turd as a store of value, and will lose competition vs proper money
inflation asymptotic to zero doesn't preclude a currency from being "proper money," however a lack of fungibility - as demonstrated by bitcoin - absolutely does. further, the speculative expectation that bitcoin will rise in value *severely* undermines its utility as a currency, as one is disincentivized to spend a currency that will be worth more at a later date.

in other words: bitcoin is a shit currency.

>> No.57742715

>>57742305
because there were no better alternative. have you tried opening your eyes right now? also the value of gold didn't caught up with all the money printed in the past decades. but the fact is still that people lost value over the years as the supply increased compared to a situation where it wouldn't. 2% a year is not at all negligible and like I explained population could suddenly drop for many reasons, which would lower the value because there would be more supply for less people.

>>57742532
I was asking the amount, not the inflation rate. you didn't answered. so, answer.

>> No.57742763

>>57742642

that doesn't disprove my point, numbnuts.

>Continuously mined for the past 5000 years
>ATH as recently as 40 years ago.

>> No.57742813

>>57742713
>inflation asymptotic to zero doesn't preclude a currency from being "proper money,"
it does because that means that the supply keeps increasing and that other assets will hold value better


>however a lack of fungibility - as demonstrated by bitcoin - absolutely does
this is a cope and the cope will get worse as monero is increasingly banned, preventing it to become a real currency - for something to become money, it needs to be widely accepted, not accepted in a small circle of murderers and pedos; fungibility will not help here

>the speculative expectation that bitcoin will rise in value *severely* undermines its utility as a currency, as one is disincentivized to spend a currency that will be worth more at a later date.
knowing that there will always be money that is more scarce and desirable, like bitcoin, people will always be disincentivized to spend anyway
when scarce money exists, there is no escape from this fact, that is normal and a good thing, technology is deflationary by nature, money should not be inflationary to create fake incentives, as all it does is stealing people's savings

>> No.57742921
File: 250 KB, 425x498, lain-serial-experiments-lain.gif [View same] [iqdb] [saucenao] [google]
57742921

>>57742567
Two EPYC 7601 - 2.5 XMR
16 sticks of ECC RAM - 1.88 XMR
Dual socket motherboard - 4 XMR
Two non-server quiet coolers - 0.8 XMR
>I'm trying to build out mining but H/s/$ is killing me.
The cpus were a steal compared to what the rest of the hardware cost me, and electricity is cheap for me.

>> No.57742938

>>57742921
Yeah holy shit that's an incredible buy.

>> No.57742979
File: 23 KB, 165x106, usdeptclock.png [View same] [iqdb] [saucenao] [google]
57742979

>>57742642
How does picrel factor into your assesment? Note that the huge 1980s spike was due to the Hunt brothers almost breaking the paper silver market. Banks are doing what some here were accusing Binance of doing to XMR with gold and silver and way worse than Bianace would ever dare to.

>> No.57743025

>>57742763
>yes, just perfectly time the pico-top 44 years ago and you too can beat inflation
The point is that gold has bled to inflation for centuries. A short-term hype cycle is completely irrelevant.

>>57742979
All silver Thursday proved is that any attempt to squeeze the market is counteracted by miners ramping up production (since they can afford to mine more expensively), crushing the price back down.

>> No.57743030
File: 2.05 MB, 3001x2939, global-gold-demand-2019-web-a13d.jpg [View same] [iqdb] [saucenao] [google]
57743030

>>57742715
>because there were no better alternative. have you tried opening your eyes right now? also the value of gold didn't caught up with all the money printed in the past decades. but the fact is still that people lost value over the years as the supply increased compared to a situation where it wouldn't. 2% a year is not at all negligible and like I explained population could suddenly drop for many reasons, which would lower the value because there would be more supply for less people.

Gold has guaranteed demand from the tech/industrial and jewelry sectors, 100% of the demand for it as a SoV/investment could vanish tomorrow and it would still have value, not as much as before BUT it wouldn't drop to zero.

Bitcoin, on the other hand, relies primarily on fraudulent trading and FOMO to keep it propped up these days. It has objectively failed as a medium of exchange and nobody actually uses as a store of value so once a critical mass of bagholders finally realize that there's no real economic activity justifying its overinflated price, game over.

And no, no amount of appeals to MUH ABSOLUTE DIGITAL SCARCITY changes this.

>> No.57743095

>>57743030
>MUH ABSOLUTE DIGITAL SCARCITY
If scarcity on its own is an absolute good then NFTs should be the world reserve currency, kek.

>> No.57743101

>>57743025
>>yes, just perfectly time the pico-top 44 years ago and you too can beat inflation
>The point is that gold has bled to inflation for centuries. A short-term hype cycle is completely irrelevant.

Who said you should be relying entirely on gold hold to offset inflation? That's what investing in productive assets is for.

>> No.57743141

>>57743101
I never said that either. I said gold has bled to inflation for centuries. Which it has. So it's not "holding up remarkably well" as you put it.

>> No.57743144
File: 69 KB, 680x672, 1701812930944591.jpg [View same] [iqdb] [saucenao] [google]
57743144

Are we perhaps arguing with IQDELET?
Check his other posts. I'm noticing.

>> No.57743183
File: 795 KB, 300x300, 1708115352709597.gif [View same] [iqdb] [saucenao] [google]
57743183

>ID: 7nbkWbcJ
>I'd buy if I could pay with credit card or paypal. A lot more convenient.
>Onramping from fiat is the most important part.
Do the opposite of whatever this guy says.

>> No.57743211

Hello guys

Is there any way to go crypto => Paypal without too much KYC ?

Thanks in advance

>> No.57743228
File: 250 KB, 1102x595, 1707662465240853.png [View same] [iqdb] [saucenao] [google]
57743228

>>57743183
>>I'd buy if I could pay with credit card or paypal. A lot more convenient.
It's Matthew Crowder of Trader Univerity (TM).

>> No.57743339

>>57742715
At least read the posts you're replying to retard.

>> No.57743372
File: 3.82 MB, 2500x3035, 16498004528110.png [View same] [iqdb] [saucenao] [google]
57743372

daily reminder that
Monero coin.

>> No.57743389

>>57742813
>it does because that means that the supply keeps increasing and that other assets will hold value better
I'm not entirely sure you grasp the phrase "asymptotic to zero." monero's fixed inflation *currently* has an arguably imperceptible influence on price, and the aforementioned influence will wane ad infinitum.
>this is a cope and the cope will get worse as monero is increasingly banned, preventing it to become a real currency - for something to become money, it needs to be widely accepted, not accepted in a small circle of murderers and pedos; fungibility will not help here
anon, I have some bad news about bitcoin's history...
>technology is deflationary by nature, money should not be inflationary to create fake incentives, as all it does is stealing people's savings
you're incorrectly generating macroeconomic theory from personal financial goals and microeconomic observations. there's nothing wrong with holding an asset (in this case, bitcoin) to combat fiat inflation, but you must recognize that bitcoin's inherent "strengths" - scarcity, price action, and transparency - subvert its ability to exist as a currency.

>> No.57743416
File: 388 KB, 1000x1000, 1698385398386356.jpg [View same] [iqdb] [saucenao] [google]
57743416

>ID: u70hC38s
is also IQDELET. Don't engage.

>> No.57743417

>>57743339
it appears you're the only one to not read the posts you're repying to

>>57743030
it would have value the same way copper or sand has value. we're talking about money and preservation of value.

bitcoin relies on its network to maintain the 21 million supply and rules. it's true that it's very demanded.
but it's no surprise, considering the property it has. there's always a competition.
it keeps growing and is getting closer to being money so I don't know what you're talking about, you're turning crazy and in denial suddenly, that is however surprising.

>> No.57743537

>>57743389
>monero's fixed inflation *currently* has an arguably imperceptible influence on price, and the aforementioned influence will wane ad infinitum.
that's too bad because this inflation is precisely what will make monero orders of magnitude less scarce than competing assets attempting to be money. money has to be desirable and in the end the best money will remain.

>you must recognize that bitcoin's inherent "strengths" - scarcity, price action, and transparency - subvert its ability to exist as a currency.
no I disagree with this, I've already explained that there is no escape from the existence of scarce digital assets, that can be swapped instantly on your phone. if people want to hold the scarce asset, and it can be used as money, then in the end that's what will be used as money once everyone is part of the network. if there's a non scarce "currency", then it will always end up going to zero, and be a waste of time for everyone.
bitcoin will have to stop going up in value, that will be when everyone is using it, it will be stable. and I hope people will reject KYC in the end, as it's a problem broader than bitcoin or monero.

>> No.57743556

>>57741668
too much slutty

>> No.57743580

>>57743389
>>57743537
As regards the price, inflation should be compared against total exchange liquidity rather than total supply, if all the coins being produced each block get sold shortly after.
In that sense the Binance delisting increased any downwards pressure due to inflation.

>> No.57743778

>>57743580
if supply increases and demand drops, market price goes down, yes
but the level of liquidity is just a temporary thing of the moment, total supply is a long term metric to account for if we want to determine the actual value

>> No.57743819
File: 18 KB, 511x383, 0713IU_PPG.gif [View same] [iqdb] [saucenao] [google]
57743819

>>57743141
>I never said that either. I said gold has bled to inflation for centuries. Which it has. So it's not "holding up remarkably well" as you put it.

Nah.

Nothing in economics is perfectly constant because supply and demand for every tradable item continuously fluctuates versus other items. However, the mere fact that countless long-term investors and central banks continue to store significant amounts of gold in their vaults for decades on end even after the decline of the gold standard suggests that gold does in fact preserve purchasing power reliably over time even as it continues being mined.

>> No.57743888
File: 524 KB, 1066x1066, SimplerThingsFirst.jpg [View same] [iqdb] [saucenao] [google]
57743888

>>57743417
>>bitcoin relies on its network to maintain the 21 million supply and rules. it's true that it's very demanded.
>but it's no surprise, considering the property it has. there's always a competition.
>it keeps growing and is getting closer to being money so I don't know what you're talking about, you're turning crazy and in denial suddenly, that is however surprising

And yet......

>> No.57743925
File: 37 KB, 616x710, FhH6j3fWIAMyvWo.jpg [View same] [iqdb] [saucenao] [google]
57743925

>>57743537

Cool. Don't Buy Monero then, stick to Bitcoin and reap the epic rewards while we have fun staying poor.

Now GTFO already, you're quite annoying.

>> No.57743962
File: 136 KB, 1164x776, 1679567239942360.jpg [View same] [iqdb] [saucenao] [google]
57743962

>>57743228
>>>I'd buy if I could pay with credit card or paypal. A lot more convenient.

>> No.57744015

>>57743819
Your "purchasing power in gold" chart likely relies on highly manipulated numbers the fed puts out that discounts housing, energy, food, assets, etc. This >>57742642 chart is more accurate.

>> No.57744036
File: 18 KB, 460x288, PF-gold-price_1494468c.jpg [View same] [iqdb] [saucenao] [google]
57744036

>>57744015
>Trust me, bro.

>> No.57744043

>>57743925
You have to do some serious mental gymnastics to justify BTC. I only hold XMR because it’s the only crypto I find useful. I pay in XMR at my local French restaurant regularly, they even give me a discount for not using a credit card. I would never use BTC, even though they accept it, since I don’t want to pay 10 dollars in transaction fees, and since I don’t want the restaurant to know how much BTC is in my wallet. Simple as

>> No.57744058

>>57744015
That big slump in the 16th century was due to Spain basically market dumping mountains of gold and silver kek. Gold is deflationary until it isn't.

>> No.57744060

>>57744036
You keep shilling manipulated numbers put out by the fed to "prove" they aren't robbing people through inflation.

>> No.57744089

>>57743888
see >>57742813
>for something to become money, it needs to be widely accepted, not accepted in a small circle of murderers and pedos

>> No.57744184
File: 28 KB, 351x219, 1705727049908099.gif [View same] [iqdb] [saucenao] [google]
57744184

Gradually I began to hate them.

>> No.57744195
File: 537 KB, 1080x1080, 2023-05-12-Index-funds-win.png [View same] [iqdb] [saucenao] [google]
57744195

>>57744060
>robbing people through inflation.

You're supposed to invest in productive assets to offset inflation.

>> No.57744249
File: 1.43 MB, 200x200, 1708082386507825.gif [View same] [iqdb] [saucenao] [google]
57744249

>>57744195
>inflation 2.2%

>> No.57744251

>>57743580
>inflation should be compared against total exchange liquidity
>exchange liquidity
>>57744015
>highly manipulated numbers
>>57744060
>manipulated numbers

anon, do you see the irony here?

>> No.57744258

>>57744195
That's not what you said initially. Here >>57742305 you said gold has held up remarkably well against inflation, which it hasn't.
I never said people aren't supposed to invest in productive assets. I only stated that gold (and especially silver) have not outperformed inflation in the long run.

>2.2% inflation in your image
Lmao, you're just googling and posting random images you retard. The real rate of inflation has never been 2.2%

>> No.57744262
File: 99 KB, 1280x720, 1662458724.jpg [View same] [iqdb] [saucenao] [google]
57744262

>>57744089
>>for something to become money, it needs to be widely accepted, not accepted in a small circle of murderers and pedos

What part of "parallel economy" do you find confusing?

>> No.57744300
File: 41 KB, 1055x630, world-gold-production-gold-price.png [View same] [iqdb] [saucenao] [google]
57744300

>>57744258
>which it hasn't.

>Trust me, bro

>> No.57744314

>>57744251

>>57743580 was a discussion of the Monero inflation rate X coins/Y total supply, vs X coins being sold into Z available liquidity. Not relative to fiat inflation.

The other posts were regarding the inflation rate of gold relative to fiat and consumer prices. You're completely confusing two different concepts.

>>57744300
Posting whatever random images you come across with zero understanding of what they mean doesn't make you any less stupid.

>> No.57744332

>>57744314
>>57744251
*or more properly, the price of gold relative to inflation of fiat and the price of goods

>> No.57744363
File: 495 KB, 245x240, 1653529619921.gif [View same] [iqdb] [saucenao] [google]
57744363

>>57744314
>Everybody that hoards gold is wrong

Cool story, bro. Just Don't Buy Monero and go be fabulously wealthy somewhere else, we're very busy having fun staying poor over here.

>> No.57744381
File: 500 KB, 1280x1707, 1691991406168052.jpg [View same] [iqdb] [saucenao] [google]
57744381

>arguing with a guy who doesn't have enough monero for even a single fumo

>> No.57744394

>>57744363
Everybody that hoards gold isn't wrong if their reason for hoarding is to buy something decoupled from the stock market or as insurance against society going tits up. But hoarding it solely to beat inflation long term is a bad play. Even I hold gold. But I don't hold it with the idea that I'm beating inflation.

Everyone who hoards silver is definitely wrong though.

>> No.57744445

>>57744262
what part of "money" do you fail to understand?

>> No.57744492

>>57744445
The man (post-op ftm) thinks inflation is 2.2%. He doesn't understand any of it.

>> No.57744493
File: 370 KB, 944x816, 1698682298510316.jpg [View same] [iqdb] [saucenao] [google]
57744493

>>57744445
>what part of "money" do you fail to understand?

Why are you still here? Go enjoy the totally organic BTC pump and let us losers find out the hard way lol

>> No.57744518

>>57744314
>>57744332
>You're completely confusing two different concepts.
I haven't confused anything. I'm quoting your citation of a nebulous, easily manipulated metric - crypto exchange liquidity - while pointing out your skepticism of another vaguely manipulated metric: the price of gold as it pertains to inflation. You've no consistency in your skepticism, and I'm taking the piss.

>> No.57744614

>>57744518
I didn't state how much liquidity there is or whether it could be perfectly measured, since we all know the orderbook can be spoofed (though determining it for dexes should be easier).
But the Binance delisting did decrease available liquidity (by how much it's hard to say) and there's more downward pressure from tail emission when liquidity is lower.

These are all fairly reasonable statements, and miles away from OP asserting that the official government inflation numbers are reliable.

>> No.57744865

why is this shitcoin so hard to buy

>> No.57744912
File: 480 KB, 1184x1074, ENJOY.png [View same] [iqdb] [saucenao] [google]
57744912

>>57744865
>why is this shitcoin so hard to buy

Because the State doesn't want you using it. However, the State perfectly fine with you using Bitcoin or Zcash.

>> No.57745831

Monero is what satoshi wanted bitcoin to be, the thing is bitcoin has first mover advantage, also we still don't live in a cbdc world so why would normal people want monero, maybe if all normies want lsd and other drugs but i can't imagine other products that sustain monero maybe just prostitution also monero wallets still take a lot of time to synchronize

>> No.57745915

why doesn't dread go back to using i2p? the i2p site never had any downtime until they shut it down to focus on polishing the turd that is the onion version

>>57744865
buy litecoin, withdraw to electrum-ltc wallet, trade on a kycnot.me exchange for xmr
easy

>> No.57746052

>>57745915
Who's dread? What onion version of i2p?

>> No.57746081
File: 563 KB, 1200x900, file.png [View same] [iqdb] [saucenao] [google]
57746081

>>57745831
>bitcoin has first mover advantage

It had first mover advantage. Bitcoin spawned the darknet economy and absolutely dominated it for 10 years. Nonetheless, its now being replaced by Monero, the market don't give a fuck who came first, it only cares about which tech can service its specific needs the best. Turns out, it ain't Bitcoin.

>why would normal people want monero

Because it gives them access to a growing underground grey market economy and all the goods & services therein.

>> No.57746107

>>57745831
>we still don't live in a cbdc world so why would normal people want monero
Because we live in a world where the government demonstrated they're willing to fuck with your medicine supply to enforce compliance.

>> No.57746134

>>57746052
darknet reddit that could be accessed via tor or i2p
it was hard to access on tor due to DDoS attack and anti-DDoS protection, but i2p users had no problem
they shut down for over three months to "improve" their DDoS protection and are just as hard to access as ever, and meanwhile, their i2p gateway has gone offline

as i understand it, i2p users can't use up bandwidth without also contributing it, so there's not much risk of DDoS over i2p

>> No.57746309

where can I buy Monero stickers? I want to be cool like that Berlin dude.

>> No.57746711

Will there be a time where Monero is user friendly and easily accessible to normfags?

>> No.57746749
File: 34 KB, 572x536, bcb.jpg [View same] [iqdb] [saucenao] [google]
57746749

>>57746052
>Who's dread?
it's like plebbit for the darknet

>> No.57746818

>>57746711
Its the gayest fucking thing to crave other people's attention solely to satisfy a base desire. Monero, being a magnum opus, demands the attention of those wise enough to see its appeal.

>> No.57747217

>>57746309
monerosupplies.com

>> No.57747364
File: 85 KB, 1095x846, Screenshot 2024-02-27 195520.png [View same] [iqdb] [saucenao] [google]
57747364

Is this shitter ever going to stop bleeding sats?

>> No.57747475

>>57744865

It's not hard to buy, buy BTC anywhere and exchange it for XMR on tradeogre.com, they have the best rates (only 0.2% commission) and no limits!

>> No.57747497
File: 112 KB, 500x500, shitpostxmr.png [View same] [iqdb] [saucenao] [google]
57747497

Monero does what Bitcoin't.

>> No.57748429

MoneroOcean is creeping up on 25% of XMR global hash rate. It's time to stop recommending it to new miners.

>> No.57748700
File: 34 KB, 391x390, smug CZ.jpg [View same] [iqdb] [saucenao] [google]
57748700

>>57747364

>> No.57748743
File: 417 KB, 1170x1437, sam bankman.jpg [View same] [iqdb] [saucenao] [google]
57748743

>>57748700

>> No.57749440

I understand the main selling points of Monero, especially that there will will always be a need for a FOSS solution for a secure, private exchange of value, and Monero serves that niche well. However, the market of individuals who absolutely require this are already in the Monero network likely, which means that demographic won't really grow unless everyone and their grandma decides they want to buy illegal substances.

I still need to be convinced that Monero will be something that continues to grow and get more adoption beyond that. Of course, in my utopian dreams, I would very much like for this to happen, but is there any precedent that financial systems will adopt the absolute most privacy respecting option? If anything, I would see a coin like Bitcoin receive more fed backing as they leverage things like the public ledger to further control and monitor banking.

tl;dr - will green line go up, or has the supply of black market participators hit its peak and Monero will coexist as a niche -- yet useful -- coin that doesn't necessarily increase in value over time?

>> No.57749595

bros i think we're back

>> No.57749810

>>57749440
The US government is going to keep increasing black market participation for the foreseeable future.
> unless everyone and their grandma decides they want to buy illegal substances
Fingers crossed they fuck with grandma's insulin supply!
>doesn't necessarily increase in value over time?
You make money with Monero by actively trading. Probably the easiest asset there is to swing trade. It respects the 200W EMA like a law of physics.

>> No.57749817
File: 2.19 MB, 640x445, 1708138871824437.gif [View same] [iqdb] [saucenao] [google]
57749817

Don't get baited.

>> No.57749989

>>57749595
>bros i think we're back

Yes! Party Bus Time!

https://www.youtube.com/watch?v=IvcdV1CZMocygwn8

>> No.57750390

>>57746818
Righto edgefag. Would it be more based and preferable if we had less adoption? Having an appreciation for privacy and not having 50 hours spare to rabbit hole /xmr/ generals are not mutually exclusive. Try again

>> No.57750741

>>57750390
Not to be rude but if you can't find 50 hours to learn something worthwhile across your lifetime it's long been over for you.

>> No.57751034

>>57726079
for fuck's sake how can people be in crypto in 2024 who still don't know to NEVER give your seed to anyone

>> No.57751149
File: 37 KB, 735x395, doc.jpg [View same] [iqdb] [saucenao] [google]
57751149

>>57751034

What seed bro? I'm new to 4chan, and browsing /biz/ for a few weeks, I think I lost a few IQ points and on the verge of a stroke from contemplating all the retarded shit going on here.

People are collectively investing ten's if not hundreds of billions into "tokens" that don't even have seeds or private keys, try to wrap your mind around that dumb money bullshit.

I will channel God and nuke Earth into smithereens, fire and brimstone will feel like a nice day at the beach compared to this 50,000,000°C inferno!

>> No.57751290

>>57746749
>>57746134
Oh that dread. Now the whole message makes sense.

FYI people could also move to FMS on Freenet, it may be harder to DoS and it has no central server.

>> No.57751342

>>57750741
Because you browse 4chin and associate with basement dwellers predominantly, you assume that every highly capable individual has an affinity for nerdy shit, which is essentially what Monero is. NERDY SHIT. Do you realise how many things there are to learn, research and experience? Just because somebody isn't interested in downloading Tails onto a SSD they bought with cash, ordered to a neighbours address with a fake name from a laptop they traded for sea shells from a Mongolian sheep herder, doesn't make them stupid. They simply have better things to do. Anyway. Can we not just agree that MORE adoption is better so let's do away with the clunky desktop wallets and steep learning curves.

>> No.57751445

>>57739335
As more are minted, it will reach a point where the percentage of coins lost to technical issues or people dying and not passing them on will be equal to the fixed mintage amount. So it will be neither inflationary not deflationary.

>> No.57751458

>>57746711
What isn't user friendly about it right now?

>> No.57751470

>>57751458
It’s not on coinbase so he’s not willing to look into it past that kek

>> No.57751498
File: 372 KB, 252x156, sloth.gif [View same] [iqdb] [saucenao] [google]
57751498

>>57751470
>It’s not on coinbase so he’s not willing to look into it past that kek

True

>> No.57751560

>>57751458
It requires a desktop, decent computer literacy and a fuck around way of purchasing. Isn't there a mobile app in development that can do p2p swaps so one doesn't need to go through the currently sizeable barrier to entry for normal cunts who just prefer convenience?

>>57751470
I am a holder faggot shut up

>> No.57751625

>>57751560
>Isn't there a mobile app in development that can do p2p swaps so one doesn't need to go through the currently sizeable barrier to entry for normal cunts who just prefer convenience?

All necessary infrastructure for convenience already exists. Phone app wallets, non-kyc exchanges, etc. If you need an offr-amp to cash, then localmonero.co. If you need to exchange BTC to XMR or vice-versa, then use tradeogre.com, no limits, low commission (0.2%).

>> No.57751669

>>57751560
>who just prefer convenience?

If you mean the 3 yr old infants in adult bodies, then yes, a simple app with all of those features will go a long way in mass adoption by the double digit IQ masses.

>> No.57751887

>>57745915
>why doesn't dread go back to using i2p? the i2p site never had any downtime until they shut it down to focus on polishing the turd that is the onion version
Most DNMs are on tor only, so having an i2p forum that links to websites that you have to open in a different browser is just bad UX. Didn't tor circumvent the DDoS issue with some kind of proof-of-work mechanism?

>>57749440
The market for monero will grow as the walls continue to close in on bitcoin privacy. You think they're done adding KYC/AML regulations? You think they're done increasing taxes and expanding IRS operations? You think advertisers are not interested in datamining bitcoin transaction data to create financial profiles? You think NGOs responsible for de-banking political dissidents are fine with bitcoin becoming a viable alternative? As bitcoin becomes de-anonymized, surveilled, and eventually censored, it won't just be darknet marketplaces that will have a "need" for monero.

>> No.57752249

>>57724857
dawg buy litecoin or doge and just use an exchanger to swap said crypto for monero. You can also use local monero as well.

>> No.57752847
File: 170 KB, 632x597, 1705500116335924.jpg [View same] [iqdb] [saucenao] [google]
57752847

This is your final chanse. If you want a fumo you better buy today.
Tomorrow I'm going to slurp. You have been warned.

>> No.57752871

>>57752847
Save one for me please :(

>> No.57753049

I'm Satoshi

>> No.57753104

>>57753049
you are a faggot

>> No.57753114

>>57753104
Cope, Craig. Cope and seethe.

>> No.57753243
File: 2.48 MB, 4096x3072, 1691322953413750.jpg [View same] [iqdb] [saucenao] [google]
57753243

>>57752871
I'm going for #99 and #100, so that is impossible, sorry. But I think there are also two special unserialized fumos with slight production errors. I'm no expert on fumos but if they were numismatics those would actually be highly sought after. Dunno about fumos, though.