/biz/ - Business & Finance

i look like this but i don't say that

>>57791318
I look like this and I say that

>>57791318
You're not wrong but also what are you gonna do it is what it is. Whining about the price isn't going to change it

>>57791318
Glownigger detected. I vill own monero/gold/silver and i vill be happy

>>57791403
It's simple, you convert to superior money in the form of Bitcoin (ticker: BTC).

>>57791417
I like to diversify into something that's actually fungible. Not that I own any of this disgusting illegal coin of course officer

>>57791318
lmao thanks had a laugh.

>>57791318
kek

>>57791318
I don't hold any crypto because it doesn't work as a currency and without that there is no use case. Just speculating about price of useless data points isn't why I got interested in crypto in the first place. Monero is the closest to an actual cryptographic currency.

>>57791612
>muh use case
It's a final settlement layer. It's replacing FedWire and gold. Do you walk into starbucks with the gold you invested in to buy a coffee? Do you send them a wire transfer? No, you use a layer 2 on top of it, which is Visa. Visa transactions can be reversible for up to 120 days, and which uses FedWire underneath.
howmanyconfs.com
It's retarded fud to try to solve a non-existent issue. You don't want the base layer functioning like Visa, because not even Visa is a base layer. Monero is the low IQ person walking up to the beast system ready to get slaughtered by it, Bitcoin is the trojan horse that destroys it from within.

Atomic swaps already work and the price of xmr really doesn't matter so much. It's trivial to swap in and out of it as needed. Yeah it'd be nice to keep all my money in XMR 24/7 but it's only a few extra steps to stay in bitcoin and capture hodl gains as well.

A real nigga would be out there hustling on localmonero doing in person cash swaps. A big nigga would be hiring goons to do the swaps in every seedy underbelly of every city in the world.

>>57791687
Wow a superior currency that nobody wants to hold, and everyone wants to swap out of as soon as they don't need to use it. Sounds just like fiat. At that point just use cash. It's even more private, while being subject to the exact same debasement (in fact it performed better compared to XMR)

>>57791678
Doesn't matter. Monero is used as a currency. None of your hypothetical use cases will ever happen. Crypto isn't something new anymore. If it was gonna be the future it would have happened already. Crypto isn't needed nor wanted.

>>57791730
>None of your hypothetical use cases will ever happen
Have you been living under a rock? It's already happening. Bitcoin is the only coin seeing massive wallstreet adoption. It's a store of value.
The "hypothetical" use cases already happened before your eyes. And it's only going to get exponentially bigger now that even boomers are onramped by ETFs. But have fun with your fentanyl purchasing currency that loses purchasing power against the fucking USD each year bro

>>57791781
How does bitcoin store value? Please explain. Because to me it's just a ledger of data that has no practical application.

>>57791318

This, but unironically.

>>57791798
>This is the average XMR holder
It's like explaining to a nocoiner. You lack a fundamental understanding of what is money. Or even what is value. Scarcity is what makes value. Indians pre-colonisation were trading in seashells just because they were rare, to preserve their economic energy. That was a shitty weak money because as soon as europeans landed they just went to another island to collect seashells where they were abundant and collapsed their little seashell market.
Have you never noticed why is it that fiat money just loses purchasing value year over year while hard assets like Bitcoin and real estate gain? Because one is scarce, while the other can be inifnitely printed at will. Bitcoin doesn't gain value in as much it's just fiat USD losing value in relation to bitcoin. The fact that monero can't manage the same thing is pitiful.

>>57791798
there's nothing else to tell you but : stay poor.

>>57791318

Monero will never be worth $10,000, just as it will never be worth $1. It is a stablecoin.

>>57791863
No. Money isn't just scarcity. It is also convenience and practicality. A currency that is neither is not a currency. Also bitcoin can be printed for less that it is worth. That is the entire business of miners. And it is really inconvenient and slow and doesn't work without internet. Also you still don't understand that fiat isn't replaceable because the government requires you to pay taxes with USD. You will always have to convert it to fiat. The only use case is crime and Bitcoin isn't even good at that.

>>57791945
A stablecoin pegged to fiat currency that loses more than 10% of its purchasing power each year. Unless it gains each year, just like the SPX or real estate or bitcoin does, it's losing value.

>>57791960
Jfc at this midwit. I guess the adequate response to this is really just: have fun staying poor faggit Lmao

>>57791798
>>57791960
I'm going to liquidate my xmr big time if I keep seeing these kind of ""xmr enjoyer""
swear to god this coin has become the ultimate redditor midwit investment

>>57791960
fiatcucks like him are very stupid
fiat isn't money because it's not a store of value, and it will disappear in the end, due to extreme devaluation, replaced by real money

>>57792139
it's the r/buttcoin of biz. The talking points are all the same, tether truthers, bitcoin is going to zero, all of it

>>57791318
>reading this only makes it more based

Arent we the golden child of satoshi oh yeah we are fucking back if we are the only coin to survive binance delisting

>>57792252
You are surviving big time, champ. Keep up the efforts lil buddy

Lol (((Bitcoin maximalists))) love to seethe about XMR
Brb buying more XMR

>>57792141
Fiat is real money which is why you measure your bitcoin in USD. Go try to pay your taxes with your "real money"

>>57792316
>seething
we're laughing at you nigga

>>57792342
Love you too thanks for your fud posting

>>57792330
>money is actually only what daddy government says it is chud
>yes we're revolutionary cypherpunks

>>57792330
how do you measure the value of an asset without comparing it with another, fiatcuck?
can't even wrap his head around the idea that fiat is trending to zero value, then what do you think will happen fiatcuck.

>>57791318
lol monero is having a bad time but I still love it

>>57792274
Monero will be ready when cbdcs come, for now i have taken profits from bitcoin but my xmr bag is bigger because it will be more usefull, bitcoin is just an investment vehicle but outside of that its horrible, its slow, stagnant community, retarded maxis, heck if you read satoshi emails he would feel shame for what bitcoin has become, the average bitcoiner is a fucking retarded moonboy that gets salty if other morons like him prefer dogecoin, basically maxis hold a stagnant religious ideology with no room for improvement while xmr has the true cypherpunk spirit, both will coexist in the future because bitcoin is for faggots that ask for kyc and more regulatios for my etf to daddy goverment so yes i do enjoy taking profits in bitcoin but fuck maxis because they are fucking retarded

>>57792427
Don't let him see this it'll break his mind

>>57792427
Go read the bitcoin whitepaper and tell me what it calls it. Hint, it starts with a c. Also the mighty dollar has 200+ years of history. Yours hasn't existed for long enough to buy a beer. 2 more weeks until the dollar is no longer used though.
>>57792424
>yeah I think that a currency where every transaction can be tracked extremely easy is a great way to protect me from the government.

>>57792534
Unbacked fiat hasn't existed since 1971 you retard lmao. The current world we're living now is unprecedented for 99.9% of human history. Fiat was always backed by gold and thus governments weren't able to debase it *this easily*. Bitcoin fixes this.

And the auditability of the bitcoin blockchain is what helps it become adopted by institutions and nation states. That's why monero is the midwit's coin. Yes you can onramp degenerate druggies, but you will never onramp the masses with a coin like that. I'd say it's necessary for the base layer. If you want to buy drugs use coinjoin or the lightning network. Layer twos should focus on privacy. You just don't even grasp what bitcoin is for when you bring up day to day transactions with it as a gotcha. Weak fud and you're worse than a nocoiner.

>>57792578
*hasn't existed before 1971
meant to say

>>57792578
>Bitcoin is for the masses

Have you seen the fees fucking retardes but
>muh lightning we cant even onramp the entire earth

>>57792578
It's not unbacked you retard midwit. It's backed by the economic and military dominance of the US government. You will always have to pay your taxes in USD so unless the government decides to stop taxing people (lol) it will have a demand. Unlike bitcoin who has no use case.

>>57792617
Almost 20% of your economy goes to healthcare which means for every 5 dollars 1 dollar is wasted on trying to save a fucking boomer and cgina outproduces you in every category where patents are expired, you are fucked

>>57792617
why is it that countries that have economic activity and military still have their currency collapsing in value? that's what will happen to the us because it has astronomical debt and supply

>>57792680
Another midwit. No that money doesn't just disappear after being spent on healthcare. It goes to a healthcare company or a nurse who will spend it again. And even if the US economy collapses it will be the Chinese yen or some other national currency that will take over. Crypto has no use case.

>>57792717
Because a good currency isn't supposed to gain value? It's not a fucking asset. It's a way to make transactions. How are you this retarded? Why would you spend a currency that will be worth more in the future?

>>57792719
Your society is based on consumption, as boomers keep dying off and technology becomes more deflationary people will consume less, basically keynesian economics is over and the world will go back to a world where people saving money and debtors will get punished for borrowing, the healthcare company makes money but in the end a sick old population doesn't consume as much as a young fit society so your society is fucked and last month was proof of it, the only company carrying the stock market is nvidia, the debt deflation trap will hurt the world it will probably hurt europe and latin america more than the united states but it will still hurt you a lot

>>57792749
good money is a store of value. if you don't want to spend something then don't. that's like saying why would I buy a computer or a smartphone when I can have one twice better if I wait a little more. stupid fiatcuck.

>>57792808
So how does crypto solve this? The problem isn't the currency it's demography.

>>57792749
Because people still need to live today??, and you call other people midwita but the midwit repeats

>deflation is bad because people spect prices to fall off more

You are a fucking retard, in the end the prices keep falling off and there will always be a base level of consumption, ib fact if people are allowed to save they can relax more motivating them to consume more and have more sex and more babys, inflation is the reason people like are fucking broke losers with low sperm count

>>57792863
Japan was deflationary and had negative interest rates for decades and they are famous for how much sex and how many babies they have. Oh wait nevermind they have the same problems or worse. Also you can already save via stocks or bonds if you are extra paranoid.

>>57791678
>>It's a final settlement layer. It's replacing FedWire and gold. Do you walk into starbucks with the gold you invested in to buy a coffee? Do you send them a wire transfer? No, you use a layer 2 on top of it
I'd rather have instant settlements/confirmations on the base layer

>>57792749
I'm going to explain this simply so even you can grasp it.
Let's say you worked hard today and got compensated $100. You could go and buy 10 big macs for that price. But let's say you're the saving type and you have everything you need right now, and maybe you want to buy those 10 big macs 20 years down the line. What do you do to achieve that? Because you sure as fuck can't hold the $100 as it is and still be able to buy 10 big macs in 20 years, because by that time you would be like if you can get 5 big macs. So to preserve your purchasing power you have to invest it in either the S&P 500 index or real estate (oh and don't forget to pay capital taxes on it after you cash out to buy the big macs). Get it now? Why is real estate gaining value? Because people holding fiat are desperate to save their purchasing power in anything that is scarce. ANYTHING that is scarce is gaining value. This inadvertently prices out aspiring homeowners, because the instability of fiat is artificially pumping up real estate. Same with stocks and why we have boom and bust cycles and why stocks long term have always been going up despite the fact that we don't get 30% efficient YoY, it's just people escaping to these vehicles from the ever depreciating asset of fiat. Bitcoin fixes this because it doesn't depreciate. It holds a steady supply and looks to appreciate but only to the ever debased fiat.
Get it now, faggot?

>>57791318
>monerochuds when you tell them you can still use monero without having to hold/invest in it

>>57791678
>Bitcoin is the trojan horse that destroys it from within.
This Is What Maxipads Actually Believe

>>57791781
>It's a store of value.
AHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

>>57792929
There is a finite amount of first edition home alone 3 DVDs but I don't see anyone investing their life savings into that to "store value". Also bitcoins boom and bust cycles are way more volatile than indexes anyway. So what exactly makes bitcoin more of a store of value than limited edition home alone 3 DVDs?

Reminder that Monero is now overtaking Bitcoin as the preferred method of payment on the black market.

>>57792997
Because Home Alone 3 DVDs could be mass produced anytime at low cost, are difficult to check if they're original, aren't entirely fungible, are difficult to divide into smaller chunks and are physically difficult to transact with? Are you genuinely this retarded? Fucking hell you deserve to stay poor. In fact I hope you do.

Reminder that Monero is now overtaking Bitcoin as the preferred method of payment for ransomware piracy.

>>57793022
>now
2018 called newfag they want their fud back. Just out of curiosity are you a casual watcher of Mental Outlaw? Is that where all these less bright monero fans come from?

Reminder that Monero is now overtaking Bitcoin as the preferred method of accepting crypto donations for ISIS and assorted terrorist groups.

Reminder that Monero is now overtaking Bitcoin as the preferred method of accepting crypto donations for far-right and assorted extremist groups.

Reminder that Monero is now overtaking Bitcoin as the preferred method of crypto payment for buying virtual gift cards in the US.

Reminder that Monero is now overtaking Bitcoin as the preferred method of payment for buying anonymous eSIMs.

Reminder that Monero is now overtaking Bitcoin as the preferred method of payment on the EU's largest Bitcoin storefront.

>>57793025
>aren't entirely fungible
Neither is bitcoin. Enjoy your "tainted" coins and being raided by the feds.
>Physically difficult to transact with
You can't transact with bitcoin physically at all and if you lose your wallet and seed phrase you have no way to get any of it back. Nice store of value that can drop 10% in 1 second.

>>57793061
Admirable, and I'm actually glad people switched to do it in Monero instead of Bitcoin. It was terrible PR when that one retard made the Nick Fuentes donation, and it was terrible PR when WikiLeaks associated itself with Bitcoin in the early phases. Bitcoin has to be apolitical for it to get adopted and to subvert the system. You took one for the team. You're bags will be worthless but at least it's good way to buy fentanyl and crack online safely.

Reminder that Bitcoin's exorbitant price is NOT the result of organic real-world supply & demand but is instead the result of 10+ years of demonstrably fraudulent trading by a cabal of profiteers who are counting on you to take the bait and FOMO in every time they initiate a pump.

Reminder that this same kind of market manipulation is how utterly useless memecoins are also able to inexplicably attain multi-billion dollar market caps.

Reminder that price action in a market this spectacularly fraudulent is therefore not truly representative of an asset's actual value and is an inherently meaningless metric.

Reminder that such fraudulent trading is not consistent with long-term growth and stability.

Reminder that Bitcoin is now rapidly losing real-world economic relevance to Monero as *reliable* privacy and *full* fungibility become evermore necessary for truly permissionless crypto transacting. https://moneroinfodump.neocities.org/#MoneroReplacingBitcoin

Reminder that maxipads are delusional bagholders who actually believe Bitcoin can continue losing real-world economic relevance without it negatively impacting the price.

Reminder that those same maxipads will attempt to distract you from Bitcoin's downward spiral with constant appeals to historical price action that, as seen, is inherently meaningless.

Reminder that HOLDING FOR FUTURE PROFIT ≠ ADOPTION.

Reminder that HOLDING FOR FUTURE PROFIT = SPECULATION.

Reminder that actual ADOPTION = sustained & growing utilization by non-speculators as a medium of exchange in a real-world economy for the purchase/sale of goods & services.

Reminder that Monero is the only cryptocurrency that has consistently growing demand from non-speculators due to it becoming the exclusive medium of exchange for cyber-related black market commerce.

Reminder that this growing demand makes Monero the only cryptocurrency with a guaranteed floor since commercial users will continue buying it no matter the price or market conditions.

>>57793104
r/buttcoiner post

>infinite supply -> it's just like fiat infinite money!

>hidden amounts -> inflation can exist, so likely does exist.

>complex math -> impossible to verify, slow to innovate.

Wow. Epic. Simply epic. Bitcoin is the real trojan horse because of how one can audit and store value in it because of the trust of transparency.

Remember when Monero had a bug because of its complex math that one could spend a coin 8x?

>>57793094
listen up you little shits you better keep your mouths shut or im going to dump all these free money fries on your heads the only thing thats worthless is your iq you little cuck you should try having a little faith in something for once and maybe it wouldnt burn so bad when you get cucked you are right though bitcoin is pretty great for buying fentanyl and crack i prefer my wcdonalds wctokens so i have even greater ease and access into this new market because i am a true business visionary

>>57793113
>r/buttcoiner post
Nice refutation.

>>57793104
>>57793092
>>57793083
>>57793072
>>57793061
>>57793047
>>57793031
>>57793022
>>57792963
>>57792947
the mentally ill pedo coin lover still spending his life obsessing about bitcoin
if it's not widely used it's not a currency and monero will not be widely used

>>57793129
muh tether fud off the front page of reddit
good job brah i'm selling my bags right now
two more weeks

I swear every shill post is making me consider selling my bag
we’re at an almost xrp tier of dissociation from whatever is going on in the crypto scene
everyone and their mother knows that it has good fundamentals and an actual use case, the argument should be about wether or not it is pertinent as an investment
replying with the eternal cope moonfag get out makes absolutely no sense if you only use it and don’t give a shit since a gram of ket or coke will always be annexed to usd

>>57793104
>Holding for preservation of purchasing power is LE SPECULATION AND THAT'S LE BAD BECAUSE... IT JUST IS OK??

>>57793189
>dissociation from whatever is going on in the crypto scene
>the """"crypto scene""""
How is this a bad thing, kek?

>>57793143
>if it's not widely used it's not a currency and monero will not be widely used
As if any crypto will lmao

>>57793189
Crypto was never meant to be a greater fools investing vehicle. It was supposed to be a replacement for fiat currency. Early crypto was almost all people who were into it for the tech and ideology. It clearly failed and became a investment opportunity for people too stupid for the stock market. What the "crypto scene" has become is fucking pathetic.

>>57793146
It's just a coincidence, bro!

it's a midwit trap. you get arrogant over being intelligent enough to know what monero is. it makes taking the extra step very compelling, just to be in on secret thing that normies don't know.

I dropped in their generals a few times to warn them. I even posted a youtube video where fluffypony(the main monero guy) talked about how he did not consider monero to be an investment vehicle but just a payment method alongside bitcoin. but once a midwit gets trapped in his circular logic you cannot save him. a normie who learned what a bitcoin is just last year made more gains than a monero holder will ever make.

>>57793189
I bought the dip to buy a domain name with it, but I don't hold a single XMR long term and that's the rational decision to make with this coin. Monero used to have intelligent people similar to bitcoin but it's like they got switched with drooling retards overnight who fanboy for it because they saw it in a youtube video. Bet they never read the saberhagen whitepaper either.
Just hold your bags in btc and convert it to xmr on a per need basis.
All the
>heckin circoolar ecoonomy dude
meme is just that, a meme.

>>57793252
>>57793282
so it’s just a cypherpunk libertarian thing to circlejerk about it on /biz/ instead of using it as intended

>>57793189
>I swear every shill post is making me consider selling my bag

What are you waiting for? Sell EVERYTHING and put it all into BTC, its going up forever, you know.

>>57793299
>I dropped in their generals a few times to warn them.

How kind of you to care so much about our financial well-being. Truly a saint on earth.

>>57793282
Is gold a greater fools investment vehicle? Is real estate? Is the stock market?

>>57793326
>Just hold your bags in btc and convert it to xmr on a per need basis.

This. NEVER spend your BTC.

>>57793393
>gold
yes
>real estate
no
>stock market
some stocks are but overall no

>>57793422
spiteful faggots like you don't really help your already piss poor adoption rate you know. which you probably don't care about because you're a teenager who picked up on this as a hobby after watching mental outlaw or luke smith and like larping as an edgy cyperpunk, despite lacking the cognitive capabilities to become one or to even read your own shitcoin's whitepaper

>>57791318
>>WE'RE IN IT FOR LE TECH
monero is just losers bitcoin. there are better privacy coins out there

>>57793511
By adoption rate you mean line go up? Because nothing else seems to matter to maxis.

>>57793511
lol have you decided what color Lambo you'll be getting?

>>57793380
if anyone listened to me instead of making fun of me like you are doing right now he would be literally better off. but sure, laugh at me for telling the truth.

>>57793536
>monero is just losers bitcoin. there are better privacy coins out there
Totally.

>>57793585

I always take financial advice from bagholders.

>>57793326
pretty much spot on I guess
worse thing being that I must be one of the few in the epic xmr community that do use it for the fundamental purpose they’re shilling so hard (not speculation at all hence why they’re all focusing on the superiority of xmr as a rational investment of course)

>>57793729

Based. Monero Is A Terrible Investment

>>57793673
that explains why you are balls deep in monero.

>>57793564
>that pic
Lol, I can't tell if it's unironic at this point.

>>57793809
Why would I be? Monero Is A Terrible Investment!

Post cringe-core BTC maxi youtubers.
https://www.youtube.com/watch?v=BNzSS8ItXkA

>>57793840
I would agree.

>>57793823
>Lol, I can't tell if it's unironic at this point.

Oh, that's just a psyop. There's apparently a matrix room churning them out.

>>57793953
>I would agree.

Finally!

Can I just jump in and say that fiat is fake - it literally doesn't have any value, other than the one that we give it. Without this it could be used only as toilet paper, that's the true value of money. As for BTC - it was first and had value because it was actually used for something, now it's just a glorified relic - which cannot be used by free internet users as anonymous money without total KYC and regulations and even then they can trace you easily. What are BTC/Monero values? They have no physical form - in fact anyone can make a carbon copy of both and call it whatever. They are worth so much because of demand and communities, which are both formed from usage. What usage and value does BTC have if no one uses it?
>BBBBBUT MUH BLACKROCK BLACKCOCK
You're literally playing into the hand of WEF and their agenda 2030 and playing against freedom of capital/the very foundation of Internet. You will sell and get your gains now, sure, but do you think the large companies won't destroy you in the end? Are you so dumb to believe this? Blackrock has the most advanced AI for trading and it's gonna absolutely destroy you in the BTC market, you will see. Also remember - you didn't make/lose money until you sell at a certain price.

>>57791318
B A S E D
A
S
E
D

>>57791863
>Money doesn't have to be fungible
We will see who has the last laugh.

>>57793061
Based
>Ein Reich!
>Ein Volk!
>Ein Crypto!

>>57791318
holy kek

>>57791318
>Monero is not an investment, it's sound money.
>It's digital freedom which allows you to to keep your assets in an unconfiscatable form. That's what makes it so good dude.
>The price going down is actually a good thing. It proves that we are not only in it to make money unlike those distasteful bitfucks.
>You're supposed to keep your assets in permissioned and inflatable cash and anytime you need to buy some drugs on le deep web, you use Monero and then quickly dump any extra coins you have, because we are not diamond handed moonboys.
>No hodling allowed! Did I mention we are not in it for the money? Let the normies make profits. Let the hedgies make profits. But we are better than that. We have a vision where everyone can be their own bank. But again, don't hold Monero. Only buy it and spend it and get back into USD as soon as possible.

>>57793061
welp that does it for me. switching my portfolio to monero. GTK RWN 1488 HH
>boku no verifio

>>57795722
'm

>>57793022
>>57793031
>>57793047
>>57793061
>>57793072
>>57793083
>>57793092
>>57793104
You just said Bitcoin 12 times in 8 consecutive posts. The level of "rent free" is off the charts.

>>57793299
OP of XMR gen is a fed. His entire purpose is to discourage people off of Monero by making it look retarded or psychotic and prevent cooperation between the Bitcoin and Monero communities.

EYES ON THE PRIZE

> SERAPHIS
> JAMTIS
> FULL MEMBERSHIP PROOFS

MONERO IS THE FINAL SOLUTION TO THE TAXMAN QUESTION.

>>57794690
>blackrock somethimg something AI something something WEF
>see chud see those buzzwords that's why you will be destroyed
you don't understand money, you don't understand value. You don't need physical form for value. The money that you already transact with digitally through visa already has no form. it's just numbers on a screen for both you and the merchant. how many withdrawals into cash have you made this month? how many times did you opt to pay with cash instead of card this month? this system is worth more because it's backed by physical printed papers? you're so fucking clueless. retards on /biz/ still struggle to grasp the concept of digital scarcity. this is why we're so early.

>>57791318
I hold a few but yes there really are these kind of retards holding monero.

>>57791678
>>57791781
Does Saylor pay you retarded Maxipads?

>>57791318
>>D-did you just say you want your coin to keep up with inflation?
>>MOONFAGGOT!! Y-YOU'RE A MOONFAGGOT
Inflation is a non issue. A Fixed inflation amount is basically neither inflationary nor deflationary because at some point the percentage of lost XMR due to tech errors and user deaths will be equal to the mintage. Fuck off idiot.
>>WE'RE IN IT FOR LE TECH
We're in it for having usable money that doesn't make you a KYC cuck.
>>what do you mean central bankers are debasing fiat money by 15% YoY and XMR isn't keeping up?
Jesus dude where did you get that kind of esoteric knowledge that nobody else has heard about.
>>FUCK OFF MOONBOY
Yes, fuck off.
>>GETTING BANNED FROM CEX IS LE GOOD
It is. Monero was never meant for financial cucks.
>>SHUTTING DOWN ONRAMPS IS AKSHUALLY LE GOOD
No. Shutting down onramps for cucks is actually good. Localmonero exists.
>>LE CIRCULAR ECOONOMY
The one that BTC was kicked out off for being useless? What about it?
>>BEING USED BY FENTANYL ADDICTS IS AKSHUALLY A BIGGER ACHIEVEMENT THAN WALLSTREET ADOPTION C-CHUDS
It definitely is. Unless you are a faggot sucking wallstreet dick for a few sats. Maybe read the text in the genesis block faggot before praising having a currency being accepted by the very system it was supposed to depose.

What is the best monero wallet for Android?

Monero is a honeypot.

>Tt+xFfrd

It's astounding how one internet addicted high-estrogen male can completely destroy Monero generals.
Almost as if they were being paid to do so.

>>57798433
>inflation is a non-issue
not talking about coin inflation, but real world inflation. If your asset or currency is not gaining significantly against the dollar it's losing value. And your coin lost value against the fucking US dollar. Enjoy extra hyperinflation on top of the USD that even normies don't experience.
Generating wealth is only for hedgies and bitcoiners, you're nobler than that bro, serving drug addicts is the ultimate use case for a coin.

>>57798442
It's unlikely to be an intentional one, but given the incompetence of the developers it's managed to turn into one over the last few years.

>>57798565
>It's unlikely to be an intentional one
Of course.

>>57791612
>no use case
Dullard. Medium of Exchange is both the lowest and least valuable property of Money, Store of Value & Unit of Account are where the value lie, this can be seen self-evidently in that increasing a Money's transactional properties does not increase it's value, e.g. paper is a better currency (medium of exchange) than coinage, but did paper money ever develop a price of premium over coinage? No! Never, not once. Clearly transactional efficiency is low order then and can therefore be ignored entirely. BTC is the first fixed unit of account the world has ever seen and as such the last Money the world will ever need. Simple as.

>>57791678
>It's retarded fud to try to solve a non-existent issue.
Exactly. All of global finance will be bitcoin's L2, only net transactions matter

>>57792534
"A purely peer to peer version of electronic cash" it's a technical description smoothbrain

>>57793043
>Pretending to be hard and not knowing when monero started taking over the darknet.

Your projection is showing.

>>57799191
Congrats, Bitcoin is taking over wallstreet markets.

>>57799214
In what way?

>>57799242
In a good way, of course.

>>57793953
huge cup and handle

>>57791407
Problem is they will steal your monero through inflation. If only there were a supply cap :(

>>57799242
Your boomer grandpa owns bitcoin.

>>57799302
Is my boomer dad a wallstreet market? Getting the last 15% of the population too retarded to get a coinbase account isn't an achievement. Let me know when markets actually start using Bitcoin for settlements.

>>57798553
>And your coin lost value against the fucking US dollar.
Yes because we lost a bunch of idiot moonboys that kept their currency in a KYC exchange. Good riddance. I hope the rest of these morons get out of Monero so that actual users are the users. Nobody promised you profits for investing in Monero. It's just a great way to buy stuff. If you want stability and protection from inflation buy precious metals. Or, you know, if you are a cuck, buy BTC and join the pyramid scheme while the big boys from wall-street join in on the game. Trust them.

>>57799362
BlackRock has $10 trillion in assets under management. Your boomer grandpa is among one of those. It's the largest untapped retail market.
Do markets use Gold for settlements? Do markets use the S&P 500 index for settlements? The fact that you're able to do final settlements with Bitcoin so easily does not mean you have to do it to get value out of it.

>>57799425
>t.

>>57798885
About your pic: The reason wages didn't rise with inflation of the monetary supply is because they didn't just increase the supply, they COMPLETELY wrecked the production during covid with their measures which lowers the wages, enough to even counteract the ridiculous inflation of the supply of money. We were DPed during covid.

About your post: it's autistic maxi drivel.

>>57791678
>Bitcoin is the trojan horse that destroys it from within.
Meds.

>>57792947
Anon stop doxing people

>>57799496
Explain massive inflation post-1971 after getting off the bretton woods system

>>57796566
>You just said Bitcoin 12 times in 8 consecutive posts. The level of "rent free" is off the charts.

Can't help it, bro, I have this condition that compels me to obsessively post actual examples of Bitcoin losing ground to Monero.....uh oh, I feel it coming on again.....

Two years ago there were just 8 Monero-only darknet markets in existence.

Today:

>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

HELP ME, MAN!!!!!

>>57799302
>Your boomer grandpa owns bitcoin.

Bitcoins ETFs are based because you can't actually spend those coins. And spending your BTC is just about the dumbest thing you can do because BTC is going up forever!

>>57799521
Explain what about it? How brrrrrr works?

>>57799432
Congratulations on speedrunning a fractional reserve system. I'm sure the number will continue going up forever because of this development.

>>57799549
>post actual examples of Bitcoin losing ground to Monero
Wow dude people are using XMR on DRUGULA? ON DRUGHUB? IT'S SO FUCKING OVER BTCBROS. NOOO. The ETFs are nothing in comparison to this. Pic unrelated.

retards here buy monero for ideological reasons, but. Even if it went up (it won't) how are you gonna cash it out if eventually all offramps from mnero are banned?
>hurr durrr you never cash out retard
well then good luck buying a house with it

I'm here to make money, like most, buy a house, a piece of land, whatever, but monerogfags are just ideologically blinded retards just like goldbugs, just because monero is cool doesn't mean it's a good investment,just because you want to use it to buy some onlyfans roastie's bath water doesn't mean you need to put most of your networth into it, you guys are a lost cause

>>57799607
Did they wreck the production then too? Or is it just simply getting off the gold standard and debasing worthless fiat through eternal moneyprinting?

>>57799638
>Bitcoin stock!

>>57799638
>The ETFs are nothing in comparison to this

Indeed. ETFs are the future of Bitcoin. Monero is for spending, BTC is for NGU forever!

>>57799645
>>hurr durrr you never cash out retard
>well then good luck buying a house with it

Is cashing out permissionless?

>>57799712
Glad we agree. If I were a fentanyl addict I would surely swap an ever decreasing amount of btc to get high. Fortunately I'm not so Monero has no usecase for me and I like getting wealthier over time. Going to buy a large plot of land this year, all thanks to holding a deflationary asset like Bitcoin. I'm sure you can relate. Oh wait you can't.

>>57799645
>just because monero is cool doesn't mean it's a good investment

Sez who? Haven't you been paying attention? Monero Is A Terrible Investment!

BTC to the moon! $100K end of year! HODL!

>>57799649
>Did they wreck the production then too?
Do you see the numerical value of salaries stagnating around that time in the graph I posted?

>>57799755
>I like getting wealthier over time. Going to buy a large plot of land this year, all thanks to holding a deflationary asset like Bitcoin.

Absolutely bro! Just keep HODLing BTC and it'll totally work out for you. There is no end to up!

Is there any anon enough kind to donate me 700$ for my university admission? Will be helpful, thanks:)

If anyone may help send me a mail to walkerstogetherjoin@gmail.com

My eth: 0x00902F9E0b9675618e5bd2b43926D055E857b3f1

>>57799796
Now you're getting it.

>>57799645
>how are you gonna cash it out if eventually all offramps from mnero are banned?
Easy: Atomic Swaps then use any offramp you want to use, if you want to be KYCed.

>I'm here to make money,
We wouldn't have guessed.

>just because you want to use it to buy some onlyfans roastie's bath water
Please don't project. We like drugs only.

>doesn't mean you need to put most of your networth into it
Who said to put most of your networth in it? Diversify on stuff you can spend when you need to spend them.

>you guys are a lost cause
Thanks, now go back to your thread.

>>57799837
>Now you're getting it.

Never knew staying poor could be such fun!

>>57799645
>Thanks, now go back to your thread.
Just realized you are on "your" thread. Stay here then.

>>57799845
>just hold value in a devaluing currency then swap to a superior one when trying to offramp
Lmao. Do they make geniuses like you in a factory?

>>57799899
All assets are going to ZERO when denominated in BTC. The number is going up to infinity!

>>57799989
If only you knew how right you are.

>>57799989
>The number is going up to infinity!

More like double infinity!

>>57800032
ORDINALS OF INFINITY