/XMR/ Monero General

[Anonymous No.56037000]

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
Binance
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

[Anonymous No.56037007]

PREVIOUS THREAD: >>55950497

[Anonymous No.56037013]

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

[Anonymous No.56037018]

*****/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

[Anonymous No.56037022]

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/

>Buy silver/gold bullion with XMR (US only)
https://monerosilver.com/

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

>Monero-only Airbnb
https://safehouse.homes/

>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
>Chimera Market
>Cloud Market
>Cypher Market
>Dark Matter
>Darkmoon
>Drugula #
>FilthyFellas
>Gofish Market #
>Mercury Market #
>Pygmalion's Refuge
>Retro Market
>Sonanza Market #
>Squid Market
>SuperMarket #
Links: https://pastebin.com/raw/h4RgmFiB


>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/

[Anonymous No.56037027]

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.

[Anonymous No.56037030]

>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

[Anonymous No.56037068]

tummy cunny

[Anonymous No.56037105]

>>56036979
Can confirm, I shouldn't have used this glowcoin for dealing counterfeit Yu-Gi-Oh cards. Posting this from prison

[Anonymous No.56037120]

>>56037105
>Posting this from prison

Give my regards to Bubba.

[Anonymous No.56037172]

[Anonymous No.56037209]

>>56037105
they're not interested in tracing retail druggies or scammers, statistical privacy is likely fine for one off transactions, anyway.
they're tracing regular systematic users, exchanges, or markets, which with statistical privacy and a majority ownership of the decoy pool is comparatively trivial.

[Anonymous No.56037221]

>>56037209
>they're tracing regular systematic users, exchanges, or markets, which with statistical privacy and a majority ownership of the decoy pool is comparatively trivial.

Source: trust me, bro.

[Anonymous No.56037527]

>>56037221
>source
is like asking for a source for monero's privacy, which you will equally be unable to provide.

nobody is going to tell you they're deanonymizing the network using the now obsolete cryptography that allows it. it's like the pure cope of using some half decade old irs bounty as justification for while monero is fine for all your illegal needs.

[Anonymous No.56037596]

>>56037527

lol holy shit, is this what passes for Monero FUD these days?

Take a deep breath and try to comprehend just how retarded you sound.

[Anonymous No.56037606]

>>56037527
>which you will equally be unable to provide.
https://web.getmonero.org/library/Zero-to-Monero-2-0-0.pdf should be a comprehensive overview

>nobody is going to tell you they're deanonymizing the network using the now obsolete cryptography that allows it.
What point are you even trying to make, that the cryptography is obsolete (by what?) so it's easy to deanonymise, so nobody will bother publicising it (why not, far more trivial results get published regularly)? Or that it's very hard to deanonymise so nobody is going to reveal it if they found a way (why is it obsolete then)?

[Anonymous No.56037698]

When trying to send a transaction using Monero GUI and a Trezor, I get the following error pop-up: "Can't create transaction: unexpected error: Call method failed"
Anyone got experience with this?

[None !!ZrnK6IK8Nit No.56037709]

Reporting in
##################################
Swimng Pool - https://pastebin.com/raw/Mb7Dyg24
IRC - https://pastebin.com/kP1gZ1Hk
##################################
Education - https://pastebin.com/V0SFR8qU
Mining - https://pastebin.com/Rd1V8P5L
Nodes - https://pastebin.com/j6Vv2Xn6

[Anonymous No.56037803]

>>56037596
>FUD
another baggie who only cares about price, no wonder these threads are dead.

>>56037606
nothing about monero's cryptography gives you any privacy guarantees other than output size blinding. everything about utxo privacy comes heuristically only, and that's why if you're relying on utxo anonymity you simply have to trust that nobody is spending a small amount of money to attack it.

ring signatures were obsolete before bytecoin even launched, and everyone knew it. that's why privacy was optional. it's not hard privacy, it's soft bitcoin mixer quality privacy. increasing the ring size rapidly is the only way to stave off these attacks and monero has given up on this because ring signatures can't scale.

[Anonymous No.56037837]

>>56037803
nigger stfu full membership proofs are coming

[Anonymous No.56037958]

>>56037000
checked

Your participation needed:

Global. Hyperinflation General /GHG/ >>>/pol/440445527

[Anonymous No.56037987]

>>56037837
we'll see when they actually do, development on this has been needed since 2020 but monero has so few developers capable of this cryptographic work anymore it could take another 3 years.
none of that helps anyone using monero today though.

[Anonymous No.56038868]

>>56037803
>>56037987
You know if your theory held any subsidence you could get paid, but you are too retarded to construct a valid issue. Your issue is so retarded it’s not worth copying by a Pajeet for easy money. It’s that retarded https://bounties.monero.social/

[Anonymous No.56038960]

>>56033385
Even if its in a hardware wallet, in principle, crypto you're using to transact is money susceptible to loss. Cold wallet are for long term storage.

[Anonymous No.56039236]

>>56038868
To be fair, there's probably a ton of demand for top-tier cryptographers. Going for the Monero CCS or bounty system instead of a cushy silicon valley job would be a massive pay cut for their time.

[Anonymous No.56039478]

https://redcircle.com/shows/captainblackbeard

[Anonymous No.56039570]

>>56038868
ask any monero developer and they'll tell you this is a clear and obvious attack vector. there's literally nothing to "get paid" for, it's an unfixable issue without moving away from ring signatures.

and get real, if there was a theoretical cryptographic exploit (breaking weak statistical privacy requires no cryptographic exploit) against monero that shit is locked up at chainalysis or the nsa,

[Anonymous No.56041161]

I'm ready for the cyberpunk wild west future, only a few more catastrophes and we'll be there

if you liked playing fallout you'll love the new world

[Anonymous No.56041649]

>>56039570
If you're so sure, why waste time trying to convince us? Just go be a maxipad somewhere else?

[Anonymous No.56042072]

Some time ago I saw a discussion of monero-chan silver coins in the archives, but I can't find it anymore. Did those actually manifest?

[Anonymous No.56042107]

>>56042072
They talked about it in the /pmg/ threads and there's two groups that regularly produce coins (primarily holoanon). But I don't think either is planning on making a Monero coin.

[Anonymous No.56042839]

>>56039570
What do you mean its unfixable? You can't even describe the issue. GO ask the developers about it. Its been studied at the university level (math university being one of the remaining critical thought although math based thought). You can't do anything but bullshit, not break working proofs implemented on a peer to peer currency called Monero. I think you are simply way too retarded to understand any of this, maybe try to make your own ring signature based crypto and learn a thing or 2
https://courses.csail.mit.edu/6.857/2020/projects/17-Barabonkov-Esteban-Fabrega.pdf

[Anonymous No.56043469]

>>56037000
wtf is wrong with monero-chan's eyes, OP?
I can't fap to this

[Anonymous No.56043633]

>>56042839
For reading on the alleged issue and the actual research being done on it
https://github.com/monero-project/research-lab/issues/100
Warning biz users, it contains things like the below (this example is slow and unfit for Monero btw).
>d = -15203, h(d) = 38

>p = 2^255 - 19
>A_p, B_p = 42133672695493072568592123651119866263416556208894889063239545248024637995649
>E_p/F_p : y^2 = x^3 + A_p x + B_p
>#E_p = q

>q = 57896044618658097711785492504343953926225696987256860989792804023844074237167
>A_q, B_q = 29601700755814669423401170136441329018751839114999486207043705707424836093663
>E_q/F_q : y^2 = x^3 + A_q x + B_q
>#E_q = p

[Anonymous No.56044166]

>>56037000
Checked

Also, >>56043483

[Anonymous No.56044284]

>>56044166
>OP's baiting
>OP's dumb as rocks and doesn't realize this is a good thing for xmr
take your pick

[Anonymous No.56045780]

[Anonymous No.56046802]

Do you think those Monero Miners are being used by the manufacturers yet? Monero's hashrate is at pretty much ATH at the moment. Monero's hashrate has always been too low relative to the value of the network meaning it was potentially profitable to rent a shitload of CPU power and perform double spend attacks but I am starting to think we have finally gotten past that problem.

[Anonymous No.56047058]

>>56046802
monero has only become less and less profitable as legitimate miners capitulated and botnets and stolen electricity slowly dominated the hashrate.
you can literally see the former on that chart.

[Anonymous No.56047624]

>>56037000
Are there upcoming forks to Monero? Any built in atomic swap implementations with btc and eth?

[Anonymous No.56047822]

>Introducing Neveko: https://github.com/creating2morrow/neveko
>full-stack privacy application with gpg messaging, monero multisig and built-in i2p marketplace
>Still a work in progress, and pretty much an alpha. But run it, and give feedback, file issues---very much appreciated.
>Monero + I2P = ( THE FINAL SOLUTION to the taxman question )

Unfathomably based and agoristpilled. Kudos for going with I2P instead of Tor, this is the way.

Post a reminder in every General, this is exactly the kind of thing the circular Monero economy needs.

[Anonymous No.56048256]

>>56047822

Based.

[Anonymous No.56048382]

Monero being delisted from binance is bad for price appreciation, right?

[Anonymous No.56048387]

>>56047058
I agree that Monero isn't as profitable as it once was, however you have to consider that it's still one of the top privacy coins. Sure, it may be dominated by botnets, but that's still activity on the network. We are seeing an increase in the amount of Monero being held by legit users. This means that there is a strong demand for the coin, which should lead to an increase in price over time. Plus, the dev team is still working hard to improve the crypto space. Who knows, maybe in a few years Monero will be the most dominant privacy coin again

[Anonymous No.56048392]

>>56047624
Kys

[Anonymous No.56048410]

>>56048382
/xmr/ has been bitching about Binance's fractional reserve games for a long time, now we might get an idea how much it affected the price

[Anonymous No.56050667]

>>56047822
What’s wrong with Tor? Does I2p have a built in DDOS protection in the form of a PoW algo? Tor does, and that shit is impressive. I mean both are good for Monero so no need to cry about Tor

[Anonymous No.56050894]

I've gotten 12 payouts in in less than 48 hours from my little 3900x p2p mini miner. I'm usually lucky if I get 1 or 2 a day. wtf is going on?

[Anonymous No.56051137]

>>56046802
>claim all time high
>ATH nethash is like 4gh
Get out of here with that shit fud. Those fucking things will be stuck on rx when more profitable algos are out there that easily convert to xmr. Pools will never 51% even if run as charities.
>>56047822
Godspeed, I wish you'd take some sort of attaboy for the work.
>>56048382
KYS moonfag.
>>56050667
TOR glows, i2p shines.
>>56050894
Welcome to the hash lottery, expect a drought to come afterwards.

[Anonymous No.56051980]

XMR ain't got no funding, no governance, no instant txes, a big ass blockchain for no users and nobody cares about it so ya'll gotta keep tryna make it relevant by lyin' day by day. lmao

[Anonymous No.56052137]

>>56037698
Some trezor firmware versions don't work with some GUI versions.
Are you using the latest of both?

[Anonymous No.56052152]

>>56037698
>>56052137
Also I had that problem before and solved it by updating the trezor firmware

[Anonymous No.56052523]

>>56048382
true appreciation will occur from increased use. line go up from normalfaggot crypto-gambling is bad for actual utility

[Anonymous No.56052902]

>>56048382
People who use Monero don't buy it from Binance.

[Anonymous No.56053601]

>>56037000
sup lads, i'm mining at moneroocean and was wondering something, there are some ports that are labeled to be used on certain cases (f, ex: old cpu's, modern cpu's, rigs, etc), my question would be, at less difficulty per block by mining on ports dedicated to old cpu's, more shares and therefore more money?

[Anonymous No.56053763]

>>56053601
Those guys are smart, those ports are to default diff values. After a few shares it calibrates to your hashrate to find the largest shares the rig can spit out every 20 seconds or so to maximize by chances of the pool finding blocks.
>>56048382
The less fake paper xmr, and the less plebs using it, the better.

[Anonymous No.56053915]

>>56051980
Is this what passes for shilling in 2023? Kill your nigger self and your nigger children

[Anonymous No.56054636]

>>56037000
I am an A.I artist, and I've created some pieces that I would like to share. I have gave them the name "Nocturnal Fortune". Feel free to let me know which one you like the best.

[Anonymous No.56054641]

>>56054636

[Anonymous No.56054644]

>>56054641

[Anonymous No.56054657]

>>56051137
>shit fud.
Nigger I am of the opinion the new miners are a good thing. The higher the Monero hashrate is the better and the new miners help with that a little but don't seem to be capable of causing the network to become centralised.

[Anonymous No.56055174]

How many people in here would be interested in a monerochan version of picrl?
Im tired of the fucker who made it ignoring my requests so ill just have it minted myself.

[Anonymous No.56055196]

What's the usecase for p2pool standard, as opposed to p2pool mini?
Is there a downside to getting more frequent payouts? Coinbase transactions don't pay fees anyway, and p2pool just uses the coinbase directly right (correct me if I'm wrong). At what point should I switch to standard from mini?

My precise case, if it matters, is that I was mining on a 4-core getting ~daily-ish payouts. I might have access to most of the spare power of a 32-core soon, which let's say gives me 8 shares per day on average, which I don't see any issue with but also made me wonder what even is the usecase for the big p2pool. Or is it only for like actual server farms who would be getting hundreds of payouts per day if using the mini pool?

>>56053601
>more shares and therefore more money?
In every mining pool ever on every crypto, the way to get more money is to put in more hashrate. With the same hashrate, more shares = smaller shares, same total amount of money (less any fees or similar overheads which may vary from crypto to crypto and pool to pool).

[None !hPFV6Brm5A No.56055477]

>>56055196
every payout is an output, you will pay more in transaction fees when combining the outputs down the line.

id recommend mining to the big p2pool if you can get 2-3 shares per day but if you don't get spooked by only receiving 1 payout per 1-2 weeks you can obviously mine on it with lower hashrate as well, it's just not the best way to get started since you won't know if your miner is properly set up for quite some time before getting your first payout.

[Anonymous No.56055495]

>>56055477
>every payout is an output, you will pay more in transaction fees when combining the outputs down the line.
That is a very valid point. I don't know why I hadn't considered that.
Fair enough then, p2pool it is.

[Anonymous No.56055553]

>>56055174
only if it says "redeemable for 1 sex with monerochan"

[Anonymous No.56055632]

>>56055196
Hey bro, listen, p2pool is the most decentralized pool around. It has a few different modes of distribution like mini and standard but they all end up paying out roughly the same. The differences come down to personal preference. With mini you get more frequent payouts but with standard they tend to be larger so you can combine more shares into a larger transaction. This can save you a bit on transaction fees. In the long run it all comes out the same though. P2pool is a great way to earn that sweet sweet Scorchcoin and support the network at the same time

[Anonymous No.56055699]

>>56055632
Are you chatgpt or something?
>re-states the topic
>provides irrelevant generic background information describing the topic, as if the asker wasn't going to know that already seeing as he's asking about some detail
>provides some generic canned truthism, even though it literally restates something already said in the very post you're replying to
>ends with a generic cop-out "you have to consider all options", not provide any advice, and finally some platitude about how p2pool is great and you should use what fits your usecase

I'm pretty sure it's not because it doesn't sound extremely fake like chatgpt does but goddamn did you hit every single non-usefulness point of a typical chatgpt vacuous answer

[Anonymous No.56055853]

>>56055699

[Anonymous No.56056562]

>>56054657
You bought some of them didn't you, retard?

[Anonymous No.56056722]

>>56051137
>TOR glows, i2p shines.
explain further.. people said the opposite for so many years and now suddenly i2p is so much better?

[Anonymous No.56057141]

>>56056722
TOR has a lot more deanonymizing activities than i2p does, with like a third of TOR relays suspected to be owned by glowniggers for just that task. i2p had a similar issue with a ddos attack being suspected of trying to deanonymize people, and they went ahead and published an update that blacklists nodes that are too active to nip them in the bud. Unlike tor, i2p bandwidth improves with more users, as those users actually help in the routing of data just by logging on. Even localmonero has a b32 address, which I explicitly use when I make my trades with an identity that only exists on the darknet. Once Neveko gets off the ground, tor will be irrelevant, I just don't know why the guy just doesn't use the tech for himself to host the ultimate dnm.

[Anonymous No.56057203]

>>56056562
No, And I don't know why you would think I did. I don't know why I am met with such hostility when I say that the sale of commercial pre configured miners that aren't more powerful than standard mining rigs are a net positive on the network.

[Anonymous No.56057223]

>>56057141
>I just don't know why the guy just doesn't use the tech for himself to host the ultimate dnm.
Look how hosting the ultimate dnm worked for Ross Ulbrich. I can understand why the person making the tech behind something like that doesn't want to paint a target on his back.

[Anonymous No.56057262]

>>56057203
No monero enjoyer was wants moonfags with deep pockets buying these things for another moon mission, only to crash profits and push the poorer miners out of the game. Especially since the price of one x5 is 3 ks0s that will make twice as much daily, leading to a faster roi.

[Anonymous No.56057348]

>>56056722
>explain further.. people said the opposite for so many years and now suddenly i2p is so much better?


I2P is better optimized for hidden services because that's ALL it does by default, Tor has to juggle being a clearnet proxy as well, which increases the risk of crossover data leakage.

I2P scales better with more users since its an actual P2P network that seeds data rather than just leeching it as per Tor.

I2P is a fully underground cypherpunk project developed by crypto-anarchists, Tor was started by the US govt and is still funded by them to this day.

The average user is too ignorant to know better so forcing I2P adoption is necessary the same way forcing XMR adoption on DNMs has proven to be the only way to get rid of BTC, if it was up to normies BTC would still be the only option there.


>Is Tor Trustworthy and Safe?

>There is a growing chorus of people who blindly recommend Tor to anyone looking for online anonymity. This recommendation often ignores mountains of evidence suggesting that Tor is not the “privacy tool” it’s made out to be.

>No privacy tool is above criticism or scrutiny, and each has pros and cons. Unfortunately, Tor has garnered a cult-like following in recent years among people who pretend it’s infallible. Honest criticism of Tor is often met with accusations of “FUD” and ad-hominem attacks, so as not to disrupt the collective Groupthink.

https://restoreprivacy.com/tor/

[Anonymous No.56057383]

>>56057262
>No monero enjoyer was wants moonfags with deep pockets buying these things for another moon mission
Price going up will make the hashrate go up and that is good for everybody. That seems like a pretty fair trade off for annoying people making money. I have never understood the hatred of moonfags, they are a net positive for Monero since the price going up will secure the network. In addition to that even if they just hoard Monero and have no intention of using it as a currency that leads to a small amount of additional transactions when they transfer funds in and out of their wallets and more transactions = more privacy on the network.
>push the poorer miners out of the game.
I am under the impression most poor miners do not primarily do so for profit reasons. I just leave my old desktop running all day and am sure plenty of people do the same. Then you have the stolen electricity botnets who will be happy to mine at a loss on electricity since it is all free to them anyway.

[Anonymous No.56057408]

>>56055553

[Anonymous No.56057477]

>>56055174
As a precious metal and Monerochan enthusiast, I would buy one.

[Anonymous No.56057640]

>>56057348
>Tor started by US gov
The internet itself was started by the US government. DARPA. Should we abandon the internet too?
Tor has some compromises however
>Had Kim used a bridge or VPN before accessing the Tor network, he probably would have gotten away with it (we’ll discuss this more below).

It is no doubt a useful tool, though I2p seems in fact better although no doubt comes with its own issues. Moral of the story is you need layers, and both are good for monero.

[Anonymous No.56057742]

There are so many roadblocks to exchanging for USD.
Yes I know I should just stay in the privacy economy but I need some USD, OKAY?????

[Anonymous No.56057834]

>>56057383
>Price going up will make the hashrate go up
Big negative, its an inverse relationship. BTG, the only crypto of note that genuinely uses a gpu-focused asic resistant algo, died because all of the eth moonfag miners flooded their network after the pos fork, which crashed the profits and encouraged a sell off. The largest yielding coins are usually the smaller ones, then they stagnate or die after they get mainstream. XMR at 20gh would be a nightmare.
>more tx = more privacy
Maybe today, but seraphis with full membership proofs will invalidate this soon enough. I'll go as far as to say that maybe, MAYBE more txs will mean = more tx fee = more miner profits, but the flat emission and lack of precedent makes even this a hard sell for encouraging moonfags to buy inefficient miners when more profitable alternatives exist.
>I am under the impression most poor miners...
The lowest of us mine it in places where their currencies are dying, hoping that it will be a ticket out of poverty in the event of a total collapse. I'm no socialist, but I'd rather have monero inspire independence and autonomy rather than same gay speculation and collateral damage maxis and profit-chasers have done to other projects. Just look at Kaspa.
>>56057640
>Should we abandon the internet too?
Yes. Some genius will devise a weak signal rf to TCP bridge to bring back the heyday of packetized radio anonymity.

[Anonymous No.56059275]

where to find more of these?
https://files.catbox.moe/102xw5.mp4
its a monero/cypherpunk video but catchy ausio amd nice diting
ive realized these work good to introduce people to xmr

[Anonymous No.56059594]

>>56059275
>free the markets, free the world
This is possibly an even beter version than the maxipad
>fix the money, fix the world
since it actually understands that the world is not simply dependent on the money as an abstract thing (muh NgU), but its use is also instrumental. Without free markets, there are no free men. And with free markets, there is no license fees or taxes to collect.
Tho I kind of object to the natcap flag being included, but whatever.

[Anonymous No.56059774]

XMR ain't got no funding, no governance, no instant txes, a big ass blockchain for no users and nobody cares about it so ya'll gotta keep tryna make it relevant by lyin' day by day. lmao

[Anonymous No.56059781]

>>56037105
>Posting this from prison
heh

[Anonymous No.56059848]

>>56059275
its link baggie level cringe.
some fork of a premined shitcoin with privacy tech so bad it already needs a full non-backwards compatible rewrite in less than a decade is not something that can ever compete with bitcoin.

especially when their argument is "KYC", as if monero will ever be allowed to operate within the legal system. if it's operating outside of it then you can't cry about coin taint because then the whole thing is black market.
incredbile monero baggies still don't understand this.

[Anonymous No.56059901]

>>56059848
Sorry I couldn't hear you over the loud banging of the horrific shitscape of Bitcoins multiple fucked up layers crashing into each other.
Last month I had an LN transaction take 6 and a half hours.

uhhhh, cope?

[Anonymous No.56059971]

>>56057348
honestly I hate the i2pd logo so much

[Anonymous No.56059991]

>>56059848
What are you talking about? it has competed with Bitcoin. It is the one that was chosen for use by dark net markets. Bitcoin has massive open blockchain, Monero doesn't. What about this makes you seethe? Not that there isn't anything wrong with Bitcoin. Its working as intended as well. It works like this mostly: "Go fuck yourself, bankers"

[Anonymous No.56059997]

Why not just have her naked and holding a giant dildo? It would look less ridiculous

[Anonymous No.56060010]

>>56059275
>building xmrig on your phone
what, why
what's the advantage? is arm particularly power-efficient with randomx or something?

cause otherwise it just seems mostly like a cool way to nuke your battery and little more

[Anonymous No.56060105]

>>56059594
>>56059848
>>56059774
kys

>>56060010
you can have a monero node on any android phones
its not that powerful but it helps with bandwidth if you run a node
you can even mine but you'll have a few hundred hashese
see https://youtube.com/watch?v=z46zAy-LoHE
mine on p2pool mini

[Anonymous No.56060130]

>>56060105
>you can have a monero node on any android phones
Obviously but xmrig is not a node so why are you talking about this
>you can even mine but you'll have a few hundred hashese
Yeah which is what I expected, a few hundred hashes and probably nuked battery life. Seems not exactly worth it compared to idk even just buying a raspberry pi and leaving it to mine

[Anonymous No.56060454]

>>56059997
CALLING ALL MONEROCHAN ARTISTS. GET ON IT.

[Anonymous No.56060520]

>>56059781
This the best post of the whole thread. You lost your freedom, but you wear this accolade with pride.
>>56059774
>XMR ain't jewish
That's the best part. KYS.
>>56059971
What's to hate, its a carnivale mask.

[Anonymous No.56060844]

>>56051980
>>56059774
The exact same niggerspeak, twice! What could be the explanation for this?

[Anonymous No.56061288]

>>56060844
Bot, shill, glownigger, take your pick at this point.

[Anonymous No.56061378]

>>56055174
Not a silver expert but interested, how much would one cost?

[Anonymous No.56061627]

>>56055174
if you're shipping to europe I would be very interested

[Anonymous No.56061915]

>>56055174
I would, but you'll need a good deal of buyers to split the cost of dies/mint and make the pricing attractive enough for people to purchase. Holoanon seems to have found a workable point at $50, but he lost money on the first couple runs.

[Anonymous No.56061982]

>>56061575
Now that it is confirmed ETH will have a privacy layer and institutions will pump it, monero is officially dead. How are monero"chads" coping?

[Anonymous No.56062017]

>>56061982
Do better next time

[Anonymous No.56062353]

>>56057348
so it forces everyone to be an exit node then? there's no way that has no downsides for the average user that doesn't know any better right?

[Anonymous No.56062447]

>>56062353
>so it forces everyone to be an exit node then?

I2P doesn't have exit nodes, by default its fully isolated from the clearnet. You can manually configure your node to be an outproxy for others but that requires some work.

[Anonymous No.56062496]

>>56062447
even if it's self contained in said network the point still stands. by being apart of the network people are routing who knows what through your connection.. surely you see my point here? the term exit node was purely meant to put it on the same level in terms of potential risk for the user involved.

[Anonymous No.56062520]

>>56062496
except that it's completely different

[Anonymous No.56062528]

>>56062496
>by being apart of the network people are routing who knows what through your connection.. surely you see my point here?

That's the beauty of end-to-end encryption: you will never know.

[Anonymous No.56062552]

>>56062496
not quite. Addressing on i2p is your public key. To send a packet, you encrypt using the dest addr, then, you encrypt that to using the next hop addr. you then send the packet to the next hop. They decrypt, and encrypt to the next hop addr using their pub key. unlike tor, they have paths vs circuits. The path changes something like every 5 minutes. Everything is an ever changing one way street for the traffic.
When I fucked around with it some years back, it would take 20 minutes to start to participate with the network. It's a trust thing, due to it's p2p nature. Tor doesn't have this problem.

[Anonymous No.56062571]

>>56062496
>by being apart of the network people are routing who knows what through your connection
You do realize how xmr works right?

[Anonymous No.56062574]

Internal Celsius logs reveal just how blatant wash trading is on CEXs.

[Anonymous No.56062939]

>>56062574
>muh manipulation
might as well rebrand these threads to /msg/
getting cycled by the market really destroys you guys' mental state

[Anonymous No.56063049]

>>56062574
Aren't they talking about CEL? Also where can we see more?

[Anonymous No.56063066]

https://xmrposter.club is switching into a Mitra instance.

Mitra, while being ActivityPub-compatible, integrates Monero wallets into it. That means, one can login using a Monero wallet, accept donations per mitra-posts, and even take subscriptions in Monero to one's own posts.

Quite good stuff to see. Mitra can be the social posting platform of the Monero extremists. Go forth and spread your culture/memes.

[Anonymous No.56063510]

Bitcoin maxi who thinks Monero is a shitcoin now has all of his user's funds custodied by Ripple Labs.

[Anonymous No.56064721]

https://monerobookstore.com/
will it come back?

[Anonymous No.56064763]

>>56063066
>>56064721
Why anything monero related gets hosted on clearnet is a mystery to me. You're basically asking to get a glowing green weenie.

[Anonymous No.56064787]

>>56064763
Almost every single monero site gives you the option, as an user, to access it via tor
The only exception is this thread on this site
And if you meant in case the website itself gets shutdown by feds then yea sure I agree, but that bookstore site is the most innocent shit ever I doubt they ran into any issue

[Anonymous No.56065126]

>>56062574
>illiquid shitcoins are wash traded
ffty. Happens on the stock market too (https://hindenburgresearch.com/freedom/)), that doesn't mean the price of Apple(BTC) is the product of wash trading

[Anonymous No.56065246]

>>56065126
>Happens on the stock market too

not so much these days ever since it became highly illegal in the 1930s. The perks of a regulated market.

> the United States enacted the Commodity Exchange Act (CEA) in 1936[1] to prohibit wash trading. To comply with regulations, most regulated stock exchanges have implemented protective measures, such as Self-Trade Prevention Functionality (STPF) on the Intercontinental Exchange (ICE).[2]

>However, in some unregulated emerging markets, such as cryptocurrency,[3][4][5] the practice is common.

https://en.wikipedia.org/wiki/Wash_trade

>doesn't mean the price of Apple(BTC) is the product of wash trading

lol BTC is by far the most manipulated crypto

[Anonymous No.56065299]

>>56065246
>xmr "maxi"
>tonguing the asshole of 'regulated' markets
Literally posted an example of a current shitco propped up by wash trading, "BTC is all wash trading" is hardcore cope, "closing prices"? It's a fucking 24/7 international multi-exchange market

[Anonymous No.56065338]

>>56065299
>Literally posted an example of a current shitco propped up by wash trading,

lol wash trading isn't limited to just a select few coins, wetbrain.

>"BTC is all wash trading" is hardcore cope, "closing prices"? It's a fucking 24/7 international multi-exchange market

oh, BTC isn't all wash trading, there's also the Tether manipulation artificially propping up the price as well.

[Anonymous No.56065352]

>>56065299
I just need a coin that actually works, is private, and doesn't cost an arm and a leg to use it. Just bought a sick new album with Monero and there's no way I could have done that with Bitcoin unless I wanted to spend twice the amount the album cost.

[Anonymous No.56065480]

>>56064787
Moneromarket.io doesn't have a tor or i2p dnm. Also, even using those sites on clearnet exposes ip and fingerprinting data to the glowniggers. If you're going to do normalfaggot shit like books, why not just use a merchant service or some other normalfaggot crypto?

[Anonymous No.56065496]

https://www.youtube.com/watch?v=fuXc9_jvOVw

[Anonymous No.56065497]

>>56065338
shitCO, company, in your precious "regulated market", statist faggot.
>load ze tether fud!
Boring.

[Anonymous No.56065499]

>>56065480
>hurr durr monero is only for shady-shit
>don't use monero for non-drug purposes goyim
>limit the breadth of monero markets to the dnms goy

it's afraid

[Anonymous No.56065510]

>>56065352
>spend twice the amount the album cost
The album cost $1?

[Anonymous No.56065604]

>>56065497
>shitCO, company, in your precious "regulated market", statist faggot.
>>load ze tether fud!
>Boring.

"I can't actually refute anything so I'll just talk tough instead"

[Anonymous No.56065656]

>>56065499
If you want to use addresses that can be tied to your ip, address, identity, social credit score, etc then go ahead. You're retarded enough to get what you deserve.
>>56065510
I'll bite. What's been the least you've paid in a btc tx lately? Its still a couple orders of magnitude more than xmr.

[Anonymous No.56065724]

>>56065604
Already refuted your dumb "argument", statist, you don't even understand that manipulating an asset COSTS money, you don't manipulate to magically sell your bags for more money, you manipulate an asset you control to make it appear more valuable to use as collateral for loans
>>56065656
Paid less than a buck last DCA into my cold storage, not ripping on XMR, it's my second largest holding, but "BTC's fees are outrageous" is bad fud

[Anonymous No.56066035]

>>56065724
>Already refuted your dumb "argument", statist

lol not my argument and you've refuted jackshit, BTC price manipulation is a demonstrably proven fact as per sources cited.

But I'm happy to indulge your feeble attempts to insist otherwise.


>you don't even understand that manipulating an asset COSTS money

lol its called "wash trading" because you're buying and selling to yourself, ergo its a wash, geddit?

And as for the Tether shenanigans, it doesn't cost them anything since they're buying BTC with USDT they've printed out of thin air.


>you manipulate an asset you control to make it appear more valuable to use as collateral for loans

We're just making shit up now? Crypto price manipulation has always been about only one thing: dumping on rubes at a fat profit.

[Anonymous No.56066145]

>>56065724
Unless its less than 4 cents, you paid too much. You maxi plebs are so stupid you don't even know that king shitcoin is barely going to do shit this coming bull run, smart money start picking ponies before the races are off.

[Anonymous No.56066846]

>>56064721
>https://monerobookstore.com/
>will it come back?

It's dead, Jim.

[Anonymous No.56066940]

Imagine holding this endlessly minted shitcoin with a known inflation bug being exploited ny the devs

[Anonymous No.56067110]

>>56065724
I've seen BTC fees as high as $168 for about an $8000 transaction and $20 for a $5 transaction. But it fluctuates. The last few times I moved $50-$200 around it costed around $1.50-$3.00. But even then that's way too much for me. I've never had an XMR fee bigger than $.03. Including when I moved my entire stack to a new wallet. If BTC fees are ever sub 5 cents then I'll happily use it for purchases when available but not before then.

[Anonymous No.56067121]

>>56066940
glowie or autism?

[Anonymous No.56067248]

[Anonymous No.56067314]

>>56067121
Retardism

[Anonymous No.56067518]

>>56066035
>"""proven""", source: fud spinning yellow journalists
Your "proofs" are statistical garbage based on nonsense like "closing price" on a continuously trading commodity
>more tether fud
Audited by BDO, over $70b in tbills/mmfs
>wash trading
1) not free 2) not magic, mostly just pumps volume
>We're just making shit up now?
That's how market manipulation ACTUALLY works, see: Celsius, FTX, Adani Group (for an equities example):
1) Control almost all of an asset
2) Bid up the price (easy when the float is tiny)
3) Wash trade to generate fake volume
4) Take loans on the assets that now look much more valuable than they actually are

You MUST control the majority of the market for an asset to successfully manipulate it for any meaningful time period, see Gold for how effective the worlds most powerful central bank was at long term market manipulation of an asset they didn't control, a perfect -1x inverse of fiat in-the-limit despite their best efforts (44x since '71, 42x USD shitcoin brrrrr).

[Anonymous No.56068055]

>>56067518
If you're so right, why try to convince us? Go and be a maxi pad.

[Anonymous No.56068899]

>>56067518

haha get a load of this genius!

>>"""proven""", source: fud spinning yellow journalists

First of all, news media isn't the primary source of the research - academia is. The news articles are merely citing said academic research, which you'd know if you'd actually bothered to read them.

Second, characterizing any and all critical analysis of Bitcoin by the news media and academia as orchestrated "FUD" puts you squarely in conspiratard territory alongside flat earthers & co.

>>more tether fud
>Audited by BDO, over $70b in tbills/mmfs

loooool not quite

>BDO Italia has signed off on Tether’s reserves in a reasonable assurance opinion, which states the report is free from material misstatement. The opinion falls short of an audit, which also reviews such areas as risk management and financial controls.

>Tether doesn’t meet U.S. Generally Accepted Accounting Principles (GAAP), which includes a yearly independent audit, and BDO Italia noted that the issuer’s reserve report also doesn’t comply with International Financial Reporting Standards.

https://www.barrons.com/articles/tether-accounting-review-bdo-51661192143


>It’s one of crypto’s biggest mysteries: Where are the billions of dollars backing Tether, and are these reserves robust enough to support the world’s largest and most important stablecoin?

>Despite government investigations and demands for transparency, Tether has never produced an audit of its balance sheet and has generally refused to name its banking partners — conjuring existential fears over the $68 billion stablecoin’s dependability.

https://www.forbes.com/sites/davidjeans/2023/02/10/tether-reserves-cantor-capital-union-ansbacher/

TRUST ME, BRO, IT'S ALL THERE!


>the rest of your inane strawman rambling

"I'm somewhat of an expert myself"


But by all means, do continue insisting that BTC price manipulation isn't actually a thing and that there is some ongoing grand conspiracy by the Puppet Masters to perpetuate such a blatant lie

[Anonymous No.56069066]

MONEROMARKET.IO

[Anonymous No.56069949]

Will you buy her skin?

[Anonymous No.56071191]

>>56068055
Because it makes XMR look like SHIT when the thread is dominated by a supposed agorist that can't stop carrying water for statist regulation fudding BTC with retard "market manipulation" bullshit that makes no fucking sense to anyone that understands how markets actually function. Jesus Christ, look at the shit you posted: >>56065246 yeah, no fucking shit BTC price doesn't follow Benford's law (especially in 2019), nothing trading in a >$1k <$10k range would follow Benford's, or a >$100<$1k etc, gold price doesn't follow Benford's between
1970 and 2010, XMR doesn't conform it either!

[Anonymous No.56071298]

>>56068899
>which states the report is free from material misstatement.
So they have the assets they claim. For a supposed agorist you have very little faith in markets to actually function. How do you cope with with us based stables, is USDC also fake in your bootlicking mind?

[Anonymous No.56072126]

>>56069949
kek

[Anonymous No.56072135]

>>56069066
Make an i2p mirror and maybe the site wouldn't be just filed with simps and fiatfags.
>>56071191
Claiming an argument is bullshit, without substantiating that claim, then subsequently claim that it doesn't make sense to someone who is supposed to know how it works to be able to know how its wrong... Isn't that like 4 fallacies in one? Again, if you're so smart then keep that smugness to your portfolio dude, we are not moonfags and the concensus here is that due to a multitude of factors, bitcoin has lived its usefulness. If that take is so hard to fathom, then why hurt your brain in failing to comprehend it? Fuck off dude.

[Anonymous No.56072217]

>>56072135
>we are not moonfags and the concensus here is that due to a multitude of factors, bitcoin has lived its usefulness.
Das rite only free thinkers here.
Only free range mooneros for me.

On serious note, why in the full range proofs discussion people are against switching to different ec that supports the necessary cycles and instead are coming up with some towers that may or may not work and add bunch of extra steps. (Not familiar with this area, just from noob PoV it seems overly complex solution)

[Anonymous No.56072534]

>>56072135
>without substantiating
Already sustained. How would the prices of an asset trading between $1k-$10 conform to Benford? This self evidently ridiculous! Further, markets are reasonably efficient over meaningful time frames. Notice that this is a axiomatic REQUIREMENT for a rational belief in agorism!

[Anonymous No.56072618]

>>56072217
Short answer? Because "cycles" are jewish. There are not "steps" to xmr. There's layers to threat models and practicing good opsec alone levels up the skill. If you want a camera in your ass, keep it to yourself.
>>56072534
I'm not the one who brought up benford. Considering how it was one of the first ways used to show just how jewed up the 2020 election was, I wouldn't be so quick to dismiss it if it applies to tx values of btc, even if the price is subject to extremes. Because...
>Statement about agorism
... We don't live in a world in a bottle. We will never have a real free market as long as a small group of people own enough of the capital to manipulate entire countries' worth of currency and markets at a whim. What we have is an impasse. You can either except that what you have come to know about btc isn't congruent to its reality, or you can see it as a primary means of speculation. I just don't know why btc doesn't have its own general where you can gloat about the latter, and spare use your denial former.

[Anonymous No.56073371]

>>56072618
>Because "cycles" are jewish
?

[Anonymous No.56074323]

>>56071298
>So they have the assets they claim.

Uh, no, we have to take them at their word, its literally a case of "trust me, bro!"

>Tether’s ‘reports’ are not formal audits, despite their social media claims. Tether has never submitted its alleged reserves to an actual, unrestricted, third-party audit, despite years of promises to end that ignominious hot streak.

>BDO Italia, the saps who agreed to put their names on these documents, admit their report is entirely based on the state of the Tether nation on March 31, 2023. BDO “did not perform procedures or provide any assurance at any other date or time in this report.”

>Less impressed was John Reed Stark, a former chief of the internet enforcement division of the U.S. Securities and Exchange Commission (SEC). On Tuesday, Stark called Tether “a Mammoth House of Cards,” emphasizing that its reserves “remain unaudited, unconfirmed and therefore dubious, leaving Tether’s customers to grapple with Tether’s remarkably condescending and ineffective public relations blather, hype and bluster.”

>Stark rubbished Tether’s attestation as a “kind of ‘unverified snapshot’ [that] would never pass any sort of regulatory muster… Audits are methodically designed to look for potential risks, while attestations only evaluate whether the data being examined by the ‘attestator’ is accurate at that precise moment in time. Hence, any iteration of attestation is pretty useless, especially as a matter of due diligence.”

>Referring to Hoegner’s now two-year-old promise that a professional audit was “months, not years” away, Stark observed that “if Tether’s books and records are so disorganized, complex and challenging that it takes quarters or even years to make heads or tails of them, that speaks volumes as to Tether’s integrity and trustworthiness.”

https://coingeek.com/tether-attestation-dressed-up-as-an-audit-undressed-by-former-sec-enforcer/

Tether is the house of cards that is propping up the price of Bitcoin. Yikes!

[Anonymous No.56074568]

>>56072618
Yeah, my bad, the OP also has a yellow id.
>I wouldn't be so quick to dismiss it if it applies to tx values of btc
No, it's wholly inapplicable here, like I said gold and XMR don't conform either
>>56074323
Markets. Do. Not. Work. Like. That. USDC proves organic demand at current prices, if tether lacks 100% backing, it is infinity more likely because they stole funds, not that they minted tether without demand

[Anonymous No.56074877]

>>56074568
Don't bother arguing with OP, he's a CIA plant put on this board to make Monero users look demented and scare off all newcomers.

[Anonymous No.56075028]

>>56074568
>Markets. Do. Not. Work. Like. That.
Do you find it weird that the crypto markets which are supposedly resistant to manipulation due to the nature of the assets seem to behave in the exact same manner (and often in a synchronized direction) as the tradfi markets where there's literally designated players who can print whatever IOUs they want in whatever quantities they want as long as they pinky promise to pay it back at some point all in the name of (((liquidity)))? It seems weird to me and if you didn't convince me otherwise I'd think it's because someone in the crypto market is abusing their position to print a bunch of shit they have no backing for in real assets and using it to support their tradfi shenanigans

[Anonymous No.56075114]

>>56071191
hey man, maybe you can't handle the dialog, you're too simpleminded and got filtered by our superior brainpower, gg faggot

[Anonymous No.56075583]

>>56062552
>>56062571
>>56062528
>>56062520
ok so what OS are you anons using to be see the benefits of i2p?

[Anonymous No.56076901]

>>56074568
>Markets. Do. Not. Work. Like. That. USDC proves organic demand at current prices, if tether lacks 100% backing, it is infinity more likely because they stole funds, not that they minted tether without demand

>I'm right, all those professional financial forensics investigators are wrong.

Cool story, bro! Have you ever considered writing an academic paper about your thought-provoking conclusions and submitting it to the Journal of Forensic and Investigative Accounting?

[Anonymous No.56076940]

>>56074877
>Don't bother arguing with OP, he's a CIA plant put on this board to make Monero users look demented and scare off all newcomers

Shit, is it that obvious?!

[Anonymous No.56077012]

>>56076940
>25 pbtid + all your VPN samefagging
Yeah

[Anonymous No.56077185]

>>56072618
>Short answer? Because "cycles" are jewish.
Is there some proven back door or something?
If you don't have anything relevant to add apart from (((they))) posting its OK to be quiet you know.

[Anonymous No.56078087]

>>56065246
>>56076901
Nice job pushing academic papers while editorializing them to imply the opposite of their intended meaning. You'd make a great journo.

[Anonymous No.56078266]

>>56078087

lol this theoretical 40% shit yet again?

The central point being made here is the 100% proven FACT that the Bitcoin price has been fraudulently manipulated upward over the past 10 years, NOT what "could" theoretically happen if that manipulation was somehow mitigated.

So it seems you are now conceding that the current price isn't in fact a reflection of organic supply & demand but is rather largely the result of fraud, so that point stands.

And as for that theoretical 40% boost that "could" happen, 40% of what baseline price exactly? The current FRAUDULENTLY ACHIEVED price or the much lower price BTC would now be at if it had never been manipulated to the degree it has?

You're desperately trying to salvage some kind of win here by latching onto one paper's proposed *theory* that:

IF *global* Bitcoin trading could somehow be forced into strict trad-fi compliance (good luck making that happen) and
IF the wildly optimistic market assumptions of years past *still* hold true in future (as scandals abound and general crypo-skepticism only keeps growing) and
IF people in this blackpilled future will somehow still be willing to *consistently* buy into an asset historically associated with fraud and manipulation ("its different this time, we promise!")

then the price "could" *maybe* increase up to 40% from the unspecified baseline over time as stability and confidence return to the market. I'm sure all those stars will be aligning perfectly someday soon lol

So keep huffing that hopium and thanks again for finally conceding that Bitcoin's price action is blatantly fake and gay.

[Anonymous No.56079123]

>>56078266
You're the one who posted the paper and told >>56074568 to trust the academics, journalists, and write an article if he's so smart. I'm just posting the un-cropped version back at you. It's obvious you don't understand how markets work.

[Anonymous No.56079142]

>>56074568
I appreciate your meekness. The concensus is that gold and xmr are also being manipulated downward as opposed to btc/dow/s&p artificially upward. There is no contest for agorism when finance is this jewed up.
>>56073371
>>56077185
Did you know that over its first 150 years the dollar never once went through a cycle? Its value deflated slowly over that time scale. What changed?
>>56075583
Lurk more.

[Anonymous No.56079153]

Only good coin
Honestly
Too bad its way too ??? to exchange it

[Anonymous No.56079186]

>>56079142
>Did you know that over its first 150 years the dollar never once went through a cycle?
I was talking and tower-cycles on ECs not some dumb moon faggotry.

[Anonymous No.56079269]

https://en.wikipedia.org/wiki/20th_hijacker

[Anonymous No.56079284]

>>56079123
>I'm just posting the un-cropped version back at you. It's obvious you don't understand how markets work.

wait, you're the wetbrain that keeps insisting there is no manipulation and now you're citing a paper that unequivocally concludes there *is* manipulation!

lolololol

[Anonymous No.56079873]

I almost have a sui stack.
How low can we go? I'd like to slurp some more.

[Anonymous No.56080085]

>>56079186
The assertion cycles=Jewish manipulation is dumb if the dollar, the most jewed thing of all, doesn't go through regular cycles.

[Anonymous No.56081094]

>>56079873
You've got until spring to load up before things get wacky again.

[Anonymous No.56082528]

>>56079873
bitcoin has a long way to fall, retard market will take us down to 50 dollars at the bottom, hopefully you are ready to go all in

[Anonymous No.56082618]

>>56082528
Which will come first? Hyperinflation, CBDCs or Monero taking Bitcoin's throne?
My bet is everything happening in that order.

[Anonymous No.56082676]

>>56082618
central bank digital currencies are a meme, at least for americans, it would never catch on here, we have too much in terms of land and resources to bend to that, although it has potential in other countries

cbdc is clownwork, I think monero takes bitcoin throne in the next 10 years

then hyper inflation, then attempts at cbdc, but the central government will already be a paper tiger by then

[Anonymous No.56082794]

I'm definitely not an expert on cryptocurrencies, but the subject is growing on me. How safe is Monero in terms of full anonymity? Is it true that their servers got hacked and user data got compromised? My main issue with crypto is fear that in the future governments and central agencies decide to unite themselves to destroy the crypto ecosystem as a whole...in a scenario like that, I think anonymity will be key to guarantee the safety of your savings and escape tyranny.

[Anonymous No.56082812]

>>56082794
no servers to hack
cryptography wise monero uses the weakest primatives, ring signatures. if you're not doing anything illegal it's fine but for real privacy you'd need to use other things in combination with it

[Anonymous No.56082841]

>>56082618
Agreed, these kikes like giving the illness before their "cure" so that's the only way it goes.
>>56082676
>CBDCs are a meme
One they will force under the name of UBI for all the niggers, spics and women who will beg for the gibs once they kill what's left of the market.
>>56082794
>Not an expert
>Servers hacked
>User data compromised
>Fears a future that's the opposite of what will happen
>Wants to be spoonfed
They're not sending their best.

[Anonymous No.56083660]

>>56082841
and I reply, with what army, are they going to force us to farm, simply won't happen, america is a situation where democracy doesn't trump the wealthy landowner even now, white men simply have too many tangible resources for any communism to work, also, areas where communists are the majority are isolated urban areas, they don't control the land, they don't control shit, doesn't matter how much they want to decree, local government takes precedence, and if you want to send the army in, I reply, what army

jose and daquan who didn't pass 8th grade math or english, I think the infighting between them will intensify

[Anonymous No.56084204]

>>56067110
>
You do know that fees don't depend on the amount moved, retard?
They only depend on the amount of inputs and outputs so I suppose if you were sweeping your entire wallet into one transaction, the fee would be higher, but otherwise the actual amount you're moving is completely irrelevant.

[Anonymous No.56084244]

Best phones to use as a dedicated wallet for xmr?

[Anonymous No.56084252]

>>56059971
I agree it's the worst thing I've ever seen in my entire life

[Anonymous No.56084265]

>>56084244
any brand/model that can run grapheneos or calyxos.

personally, I am using a pixel 4 device. But I have been eyeing the fairphone 5 nowadays. calyxos support and removable battery are vital for long term use.

[Anonymous No.56084272]

>>56084265
So pretty much only Pixel phones and Fairphone.
Thank you, will look into them.

[Anonymous No.56084782]

>>56043469
We need more people making AI Monerochans to deliver perfection.

[Anonymous No.56084830]

>>56084244
>>56084272
Yeah I'd say pixel 6a (almost the same thing as the 7 line, way cheaper than the 7s, but still reasonably recent enough to have many years of guaranteed security updates left). A pixel 4 is not going to have a lot of time left with security updates, and once Google stops shipping updates for the firmware, nobody can do anything: sure you can keep the OS updated, but phones have a LOT of proprietary firmware blobs that handle a LOT of the internal functionality, and if any of them get a vulnerability past the OEM support period you're shit out of luck.

However, why use a phone for this rather than just an actual hardware wallet?

[Anonymous No.56084862]

>>56043469
We need more people making AI Monero-chans if we want perfection.
Try it https://civitai.com/models/23982/monerochan

[Anonymous No.56084886]

>>56084272
Whats up with all of this eco freindly over priced phone shit. If this is what white people care about.its a good thing they are getting replaced.
Its a shame pine phones suck on purpose and its a shame calyx only makes their os work with overpriced libtard phones.
If you want to avoid surveilance, you have to ditch mobile phones.
Jist get a trzor of perhaps a ladger(has potential exploit).
Or bettter yet, make a paper wallet and put it into your door knob.

[Anonymous No.56085171]

>>56084204
fair enough. But the fees are still too high for normal use. If someone wants to buy a $3 cup of coffee in the morning with BTC but will have to pay anywhere from $1.50-$20 in fees because the network is experiencing high volume of transactions then that's not a good implementation of crypto as a daily use currency. Also, fuck you.

[Anonymous No.56085770]

>>56085171
Oh yeah no I don't disagree, I just wanted to correct your seeming major misunderstanding of how crypto fees work (on any normal network, really, be it bitcoin, monero, ethereum or almost anything else)

[Anonymous No.56085883]

>>56084862
why does she has a gun? I don't like it.
Monero is peaceful in its own garden, while everything around it is burning

[Anonymous No.56085995]

>>56083660
While I applaud your spirit, resisting jewish hegemony won't be as simple as a speech and a spat. They won't have to send the army, just tell the power companies that they don't accept dollars anymore. The power company will then ask for payment in fedcoin only, which you will resist. So they turn your power off, and to make a point, will cut the power to your neighbors to turn them against you. Your move.I'm not antagonising you, these are just the kinds of thought experiments we have to start finding the solutions necessary for the strife to come.
>>56084886
KYS.

[Anonymous No.56086219]

>>56085883
Agree to disagree

[Anonymous No.56086737]

>>56085995
oh wow, the power company supplied by coal and gas that rural men produce through their work, anyone who can't handle living without amenities, or who can't build their own system is retarded

[Anonymous No.56087095]

Monero is cool but it becomes hard to mine and hard to protect the system when its large
Samurai Wallet with Bitcoin mixer is fine
Its just a lot of bloat

[Anonymous No.56087470]

>>56037709
based

[Anonymous No.56087836]

>>56086737
You've seen it already with the china cough, my friend. What do you think those coal and gas miners will work for, the warm fuzzies of fighting the man? There will be no fedcoins for bad goys by association. They're already starting to attack the smaller local coin shops by giving them the andrew anglin treatment.

[Anonymous No.56089770]

>>56086219
>Agree to disagree

Agreed.

[Anonymous No.56089795]

>>56087095
>Samurai Wallet with Bitcoin mixer is fine

Be sure to enlighten the darknet.

[Anonymous No.56090112]

>>56089795
This is because of retards and honestly it doesnt really matter unless you want more adoption
XMR is just more foolproof but it wont work at a larger scale

[Anonymous No.56090207]

Speaking of bloat, how much shock porn is embedded in BTC blockchain by now?

[Anonymous No.56090884]

>>56055174
I would, I actually missed on the Holo one and it left me butthurt for a while.

[Anonymous No.56091289]

>>56037000
New to Monero. I'm confused on the privacy. Is it like tornado? How exactly does it allow untracable transactions? Which I guess is a good thing. How does that work?

[Anonymous No.56091336]

>>56090112
>This is because of retards and honestly it doesnt really matter unless you want more adoption
>XMR is just more foolproof but it wont work at a larger scale

Got any more of that scaling FUD?

[Anonymous No.56091347]

>>56091289
>New to Monero. I'm confused on the privacy. Is it like tornado? How exactly does it allow untracable transactions? Which I guess is a good thing. How does that work?

[Anonymous No.56091463]

>>56091347
Is there a step by step guide on how to actually make a private transaction? Would love to test it out for like $10. Can i convert eth from metamask to do it?

[Anonymous No.56091545]

Why don't I just swap ETH for BTC on TrustWallet using their ThorChain Bridge swap which automatically does it for you, and the ETH to BTC bridge exchange should provide all the anonymity you need right? Because the BTC you receive won't be linked to the ETH. And trustwallet is anon Instead of using monero

[Anonymous No.56091755]

>>56091463
Transactions are private by default

[Anonymous No.56091822]

>>56090884
I have a spare holo, might put it up on moneromarket, will post in the general again if I do.

[Anonymous No.56091861]

>>56091755
but how do you do a transaction?

[Anonymous No.56092189]

>>56091347
The state of the art ring signature based Monero is not tornado. Heres a good paper which talks about ring signatures, which Monero uses heavily currently. If anyone has a quantum computer they may have a small chance to eventually figure something out. But dev's would be all over that challenge when it comes.
https://eprint.iacr.org/2021/1616.pdf

[Anonymous No.56092307]

>>56091861
www.getmonero.org

[Anonymous No.56093056]

>>56092307
Does it matter what exchange you use to do the transaction to make it private? I don't understand how every monero transaction is private if its only available on binance on coinbase. Makes no sense to me

[Anonymous No.56093071]

>>56084830
>However, why use a phone for this rather than just an actual hardware wallet?
Ledger soured it for me.

>>56084886
The entire point of the Fairphone here is that it's easy to repair, which is more that can be said for most phones or hardware wallet.
The fact that it is eco-friendly is irrelevant.

[Anonymous No.56093218]

>>56093071
>Ledger soured it for me.
Fair enough, though how so

[Anonymous No.56093555]

Sad to see the devaluation of monero-chan with these ai slop images.
I remember the days when people were commissioned to make SOVLful art of her.

[Anonymous No.56093567]

>>56093218
I'll repost this:
>ledger marketing for years has claimed there is absolutely zero way for your seed phrase to leave the device, it’s a bulletproof solution
>last month they introduce an “optional” feature that allows you to encrypt and back up your seed phrase so it can be recovered if you lose it
>people rightly point out that this means the firmware does indeed allow your seed phrase to leave the device and since it’s closed source we have no clue how “optional” the feature really is or what else can use it
>ledger says well technically it was always possible why are you so mad
>this all could have been avoided if they just introduced a new product that allows the backups instead of sending it as a firmware update to existing wallets so ledger just shot themselves in the foot for no clear reason

Also the data leak on their website which got memoryholed.

Anyone recommending ledger is either a useful idiot or a glowie.

[Anonymous No.56093619]

>>56093567
I mean that's fair but Trezor's firmware is open source IIRC.
A phone - ANY phone - is not only gonna have plenty of ways for the seed phrase to leave the device, but it's also going to have an ABSOLUTE FUCKTON of closed-source firmware that cannot be disabled or replaced in any way. The attack surface is enormous compared to a HW wallet. Even Ledger has a vested interest in making sure that their product is ultimately secure (it would very, very seriously undermine their reputation if they had some backdoor and someone lost funds because of it), so they're just being dumb; meanwhile, phone firmware manufacturers have no such incentive. If there's a vulnerability in e.g. the baseband modem firmware or some chipset firmware or whatever the fuck else which allows an attacker to just sniff your seed phrase out of RAM (because to my knowledge no wallets are using, or perhaps even can use, the ARM secure enclave for their keys, so it has to be in RAM), literally no manufacturer is going to care, it'll be a minor news story for a day, the vuln will get patched and 99.99% of people will go about their day and continue buying the same phones.

And again that's for Ledger; Trezor is entirely open source from what I remember. There may, again, be minor security tradeoffs or whatever between the two, but again phones are simply not meant for that and are going to be way, way worse in every metric.

The only real benefit of a phone is security by obscurity: everyone has phones and most people don't get constantly hacked. Far less people have a hardware wallet, and none of those have been hacked either, but it makes you a lot more of a target and you blend in a lot less if you pull out e.g. a trezor in public for some payment.

[Anonymous No.56093832]

>>56093056
because then only you and binance know the transaction occured. with bitcoin the whole world knows

[Anonymous No.56095068]

>>56093555

Be the change you want in the world.

[Anonymous No.56095096]

>>56095068
Even if he has the cash to fund 10 new commissions, they'll be drowned out by 1000 new AI pieces that can be sharted out with a button.

[Anonymous No.56095108]

WOw /biz still shilling this unintentional stablecoin.

You all will definitely end up on the moon. In your dreams. While Bitcoin and Eth holders will actually be terraforming it. LMao. failed coin, failed hopes, what a miserable general.

[Anonymous No.56095321]

>>56095096
The more hand-made Monerochans there are the better AI will be capable of making them.

[Anonymous No.56095350]

>>56095321
AI can't make soul

[Anonymous No.56096033]

>>56091861
Just send xmr to or receive xmr from an address using your preferred wallet. Same as any other crypto. The transaction is private by default you don't have to do anything special.

[Anonymous No.56096050]

>>56093056
Don't use exchanges for anything other than withdrawing to a private wallet.

[Anonymous No.56096344]

hello fellow 4changs
is localmonero.co safe?
i'm trying to sell some monero via someone trading via transferwise
anyone have exp with this?

[Anonymous No.56096766]

>>56091861
>>56096033
Oh yeah, one common sense precaution though is to not just send funds back and forth from an exchange. If they see a withdrawal for 0.24834264873 XMR, and then a deposit for 0.24824264873, they can easily conclude that you're the exact same person depositing the exact same amount minus fees.

As long as you don't do anything super retarded like this, you're good.

[Anonymous No.56096910]

>>56096344
Transferwise ban people for doing this but worst case scenarion your account is banned but they will give you a window to withdraw your balance. Assuming they don't change their policies.

[Anonymous No.56096934]

>>56096910
how does that affect the receiver of the fiat?
it's a bank transfer

[Anonymous No.56096944]

>>56096934
It shouldn't. You aren't doing anything illegal assume you pay your taxes. It is just Transferwise's internal policy that they don't want clients doing that.

[Anonymous No.56097027]

>>56096944
sounds like it's not my problem then
i hope my bank doesn't act up

[Anonymous No.56097105]

>>56096910
Interesting, what about revolut?
In general what would you say is the best method of transferring money online (so not cash by mail) for this without doxxing yourself to either the other party or your payment provider?

I'm in the UK though if you can only answer for e.g. the US I'd be curious too

[Anonymous No.56097211]

>>56097105
>In general what would you say is the best method of transferring money online (so not cash by mail) for this without doxxing yourself to either the other party or your payment provider?
If there was an easy way of doing this we wouldn't need XMR. Selling Amazon gift cards after you buy them with XMR is probably the most anonymous way but has the obvious drawback of locking you into the Amazon ecosystem and will incur pretty high fees. If you don't trust the person enough to know your real name and bank details you are kind of out of luck and even if you do you need to use small enough amounts that your account doesn't get flagged.

[Anonymous No.56097220]

>>56097211
Yeah fair point.
>Selling Amazon gift cards after you buy them with XMR
I mean that's kinda circular if you're trying to buy XMR online.

I guess that's why cash by mail is still king.

[Anonymous No.56097320]

This Is What Maxipads Actually Believe

[Anonymous No.56097337]

>>56097320
Does he just... envision a society with zero rule enforcement then?
Zero police presence or state power?

[Anonymous No.56097354]

>>56097320
>This Is What Maxipads Actually Believe
No it isn't. They believe in getting rich and everything else is just retarded justification for that.

[Anonymous No.56097362]

>>56097320
>it matters if they can stop you from doing it
and that's a whole lot fucking easier if they know exactly who you are. These people are braindead or think their followers are, there's no other explanation

[Anonymous No.56097376]

>>56097337
>Does he just... envision a society with zero rule enforcement then?
>Zero police presence or state power?

Who the fuck knows? At least the thread is an entertaining read.

https://twitter.com/EricOfRivia/status/1701573526757540016

[Anonymous No.56097405]

>>56097376
I hate bCore holders so much it's unreal

[Anonymous No.56097425]

>>56097362
>and that's a whole lot fucking easier if they know exactly who you are. These people are braindead or think their followers are, there's no other explanation

Pretty much.

[Anonymous No.56097484]

>>56097320
>lightning in his handle
>laser eyes
Cmon this is low hanging fruit.
You instantly know any of their takes is going to be bat shit insane.

[Anonymous No.56097968]

>>56097320
>just buy bitcoin bro all you need is to provide your GOV ID and proof of vaccination, then we'll all be rich and free!!!

[Anonymous No.56098331]

nothing ever happens

[Anonymous No.56098384]

>>56052902
I bought it from there

[Anonymous No.56098447]

>>56098331
Gonna need some evidence, provide a list of all the things that didn't happen today

[Anonymous No.56098458]

All this talk about I2P. What about Hyphanet (formerly Freenet)?

[Anonymous No.56098475]

>>56061915
that guy has a way broader audience and can just use indiegogo to do it with basically no risk.
only way i could see it work out for Monerochan coin would be to do preorders that get refunded if not enough are sold. ironically this relies on a lot more trust and manual work than the legacy system but id hope i have proven myself as pretty trustworthy by now.

i think the lowest i can sell for would be about 100€ and i doubt people would pay a full XMR per coin lol.

[Anonymous No.56098712]

What is better
>Card and KYC -> {Kraken, Binance, Bitfinex} -> LocalMonero
or something else

[Anonymous No.56099204]

>>56087836
cityfags always have more to lose

I'm surrounded by fields and cattle

you're surrounded by concrete and negros

[Anonymous No.56099213]

I have 0 friends, can you help me /pol?

https://www.fb.com/profile.php?id=61551240747536

[Anonymous No.56099850]

>>56097320
>you think both coins don't serve a purpose.
They are both infinitely better than the fiat system, dumb nigger. Bitcoin being open has allowed it to infilitrate fiat, and soon it will consume them. You wouldn't get it since you believe in dividing and a world where 2 distinct coins should bitch at each others holders. FIAT is the problem, not bitcoin. Both will do damage against fiat in their own way, you utter faggot(s)

[Anonymous No.56099923]

>>56099850
What is the purpose of bitcoin

[Anonymous No.56100055]

>>56099923
A fiat virus is the best way to describe it. Deflationary virus to rid us of banker middlemen usurper niggers. Their market dynamics applied to bitcoin at its current levels is hilarious, kek worthy. Its a deflationary fucking digital currency. And it cant be ignored by anybody anymore. We used to get laughed at for suggesting it to normies. Still do, but now even their masters aren't laughing. Soon they won't be laughing.
> I was there, Gandalf
> I was there 3000 years ago when bearwhale tried to kill Bitcoin at 200$
> I saw then what I see now
> Bitcoin will kill the greedy bankers

[Anonymous No.56100415]

>>56100055
I see. Deflationary means number will inevitably go up. Utility is not a concern for a currency with inherent value.

[Anonymous No.56100922]

>>56100055
>>56100415
bitcoin has no utility, also stop shitting up the only good thread with bitshit nonsense

[Anonymous No.56100963]

>xmr went from a dollar or so in 2016 to over 400 in 2018
>btc did same thing in 2011 to 2013

how did xmr go up so much in 2 years? BTC was mt gox trade bots. Who was flipping switches in 2015 to blow up crypto markets that much? Can't just be tether. You don't see stocks do a 400x in 2 years not even nvidia or GME bubble.

[Anonymous No.56101058]

>>56100963
>what is marketcap

you are a stupid mother fucker aren't you

personally I discovered bitcoin in 2015 and monero in 2020

[Anonymous No.56101091]

>>56101058
I'm willing to bet that anon knows what market cap is

[Anonymous No.56101174]

>>56100963
>picrel linkrel, I even highlighted for the retards
https://dvchain.co/
these guys get binance their coins when they run out

[Anonymous No.56101230]

>>56100922
>stop shitting up the thread
>>56101058
>shits up the thread
Anywho anon I would've ignored you but by letting you know why Bitcoin has Utiliy I can inform you and make you seethe simultaneously.
With deflationary currency - which has become absorbed by the financial system. It almost will always make sense to buy some with your depreciating fiat monopoly money.
> it will go down anon, I seen it
Yes, but you waited so long you need a fucking starting point. You invested say 5% of your capital because you are risk adverse. You now double down when you see your bitcoin has been jewed downward for the past year. Check in every year, double down or such if its down enough. It provides a utiliy- hedge- against your fiat of choice inflation. Eventually it won't get jewed so much but we are a long way from that. A lot of gov owned coins, they want to not see it blow USD away right away, etc. As such it has quite a bit of utility as a hedge against inevitable fiat devaluation. Deflationary store of value is a hell of a utiliy. Also possibly the only on ramp to Monero in the future, time will tell.

[Anonymous No.56101266]

>>56101230
Nobody uses BTC as a currency.

[Anonymous No.56101303]

>>56101266
No one really uses BTC. That's a fact. The main thing the community promotes is to not use it at all. Saylor even encourages people to perform a 'selfless act' by dying holding onto their keys, which dilutes the value of their coins in circulation. Bitcoin is pretty much a cult, and its main purpose seems to be taking advantage of newbies.

[Anonymous No.56101439]

>>56101230
So its utility is that it will become more valuable, guaranteed? That's amazing.

[Anonymous No.56101441]

>>56101230
bitcoin only has utility for the centralized powers who dump on you

[Anonymous No.56102317]

>>56065496
kotor and vrill pilled

[Anonymous No.56102447]

>>56101303
>Bitcoin is pretty much a cult
Bitcoin isn‘t a cult, it is software and it does what it‘s supposed to do. A cult has been built around Bitcoin, though, and it is up to the educated mind to come to the conclusion whether and how much BTC‘s price is manipulated or not.

[Anonymous No.56102463]

>>56037000
>Morphtoken
I thought that Morphtoken isn‘t in operation anymore. Does it still work?

[Anonymous No.56103201]

>>56102447
>digital cash

no it doesn't do that, it allows every law enforcement agency to monitor your transactions though, gg fag

[Anonymous No.56103388]

>>56037000
Daily reminder. XMR is actively being delisted as new point to point traceability regulations come into effect

[Anonymous No.56103521]

>>56100055
>>56101230
>Bitcoin will do all the things.

See, its difficult to take such lofty claims seriously when BTC can't even hold on to what it had.

[Anonymous No.56103533]

>>56103388
>serai exchange
>haveno exchange
>simpleswap dex
>samourai wallet adding btc<->xmr atomic swaps into their wallet
>full membership proofs
>seraphis+jamtis upgrade

COME AND FIND IT.

[Anonymous No.56103575]

>>56103388
>Daily reminder. XMR is actively being delisted as new point to point traceability regulations come into effect

Do you not understand where you're posting, nimrod?

[Anonymous No.56104156]

>>56102447
>it is software and it does what it‘s supposed to do.
"Peer to peer digital cash"
LN isn't p2p and nobody uses Bitcoin as a currency.

[Anonymous No.56104204]

>>56104156
>>56103201
Please read the comment again. Anon claimed neither of that.

[Anonymous No.56104210]

Where are the LN shills?
https://nitter.net/sethforprivacy/status/1702121099180282350

[Anonymous No.56104244]

>>56104204
The Bitcoin whitepaper is titled "Bitcoin: A Peer-to-Peer Electronic Cash System." So when anon claimed Bitcoin does what it's supposed to do he was wrong.

[Anonymous No.56104289]

>>56103533
Chkeked
Will need to update this picrel with “come and find it” and monero coin pic for use when the euro cucks are crying about it being banned. I like it

[Anonymous No.56104318]

>>56104289
>Will need to update this picrel with “come and find it” and monero coin pic
Already exists

[Anonymous No.56104335]

>>56104204
I read the comment perfectly accurately, it is you who is the retard, you should also die

[Anonymous No.56104384]

>>56104244
Bitcoin is peer-to-peer. But the whitepaper says nothing about whether or not every other element of society should be peer-to-peer, of which cash is a part.

[Anonymous No.56104425]

>>56104318
How could you possibly replace the cannon with the coin and not the star? I will fix this, priority 4 issue.

[Anonymous No.56104434]

>>56104384
If I can avoid the L1 which is p2p and use the L2 which isn't p2p that means the p2p element is optional. Optionally p2p is not p2p.

[Anonymous No.56104493]

>>56104434
Gold and silver are p2p, but often treated in a centralized manner with certificates and federal reserve notes. Monero p2p-ness is optional whenever someone uses a centralized exchange. That doesn't make gold, silver, or Monero fundamentally not p2p.

[Anonymous No.56104585]

>>56104493
Being able trade gold or Monero IOUs which is what you are describing doesn't fundamentally alter Monero at the protocol level like the LN does. Is zcash fundamentally private because it has optional privacy? There is already a growing problem of places that supposedly take Bitcoin payments actually only taking LN payments.

[Anonymous No.56104632]

>>56104585
But LN doesn't exist at the protocol level, it's not part of the core Bitcoin protocol, that's the whole point of it.

[Anonymous No.56104676]

>>56104632
It is being treated like it is. If people are forced to use it then it can't really be considered optional. The base layer isn't attempting to scale and all development is going to the LN with everyone involved saying that the base layer will only be used for settlement and most users will be priced out of that.

[Anonymous No.56104834]

>>56055174
I doubt sales volume would be large enough to justify a run. Maybe wait for next bull run before pulling the trigger.

How much was the og 4chan holocoin?

[Anonymous No.56105438]

>>56104676
I have never used LN and I don't care to.
LN is a hype academic project which is very trendy right now, doesn't mean it's relevant or will ever become relevant. Bitcoin fees were like $50/tx a few times during bullruns (long before LN was functional or even prototyped); right now they're a couple of bucks per tx. It's far from good but it's usable and you can ignore LN entirely.

LN really honestly reminds me a lot of all these VC-backed hypechains, like Polkadot for example. Awesome whitepapers. Well-funded research team. TONS of VC funding, extremely highly paid and well-staffed dev team. High market cap. Literally nobody bothers accepting payment in DOT (or SOL or AVAX or any of these similar memes).

Yeah if you're into that specific ecosystem, or riding the hype, you're probably involved and trading it and using it. For anybody else? "Sending crypto" means BTC (non-LN), ETH or LTC in 99% of cases on the clearnet (and XMR on the darknet).

>The base layer isn't attempting to scale
The base layer can't scale much and it's a well-known problem. Regardless I don't think "all development going to the LN" is even true. There's a bunch of parallel efforts going on, especially now that taproot exists.
Practically speaking, various kinds of wrapped bitcoin is probably the most widely used "scalable" bitcoin right now (most of it centralised, of course). There's also various kinds of sidechains (like Liquid/Sovryn, that kind of shit). Yeah LN is being memed right now but what are its practical volumes?

[Anonymous No.56105532]

>>56104318
New card. What do you think?

[Anonymous No.56106161]

>>56100055
holy cringe please tell me this is posted ironically

[Anonymous No.56106495]

>>56105532
I'd say get rid of the canon alltogether, make the Monero logo black and white and bring back the easy to read font. Simple is better and is what made the original flag so impactful.

[Anonymous No.56106601]

>>56100055
so bitcoin is like the thanos glove?

[Anonymous No.56106612]

"We hope Haveno will be ready to be deployed by the end of 2022."
it's never happening is it

[Anonymous No.56106647]

>>56106612
I've basically given up hope.

Erciccione, faggot completely torpedoed it with his retarded terms of use or whatever bullshit.

You can go harass cakewallet, though. I think they still have some hand in it. Don't think it will be very fruitful though, considering there's been a few months of work left for like 18 months.
https://twitter.com/cakewallet/status/1590362719001415680

[Anonymous No.56106679]

>>56106612
I think alfa is live but yeah another project that is effectively dead.
Apart from the core team upgrading the chain, pretty much every supporting project shat the bed.

[Anonymous No.56106726]

>>56106679
>TFW donated to the development

I'm actually pretty butthurt about this one, guise.

[Anonymous No.56106747]

>>56106679
>>56106612
also its STILL only in testing.
https://github.com/haveno-dex/haveno#status-of-the-project

[Anonymous No.56106796]

>>56105532
The l33tspeak is pretty bad, keep the original font.
And make the logo monochrome I'd say. Keep to the same silhouette, black-on-white style as the cannon.

[Anonymous No.56107242]

>>56098712

[Anonymous No.56107358]

>>56106747
>also its STILL only in testing.

Currently running on testnet. Consider helping out by running the beta.

https://www.reddit.com/r/Monero/comments/13ot1fe/havenos_test_network_is_now_live_with_installers/

[Anonymous No.56107369]

I literally in all my time on biz which is getting on to 6 years now never EVER seen a thread up after this long - WHAT THE FUCKKKKKKKKK

[Anonymous No.56107409]

>>56107369
I think the last one made it to 2 weeks, this is definitely up there, though.

>dedicated community of autists
>absolute ghost town, post-nuclear war market for crypto

[Anonymous No.56107515]

>>56107369
>I literally in all my time on biz which is getting on to 6 years now never EVER seen a thread up after this long - WHAT THE FUCKKKKKKKKK

Ideology is a helluva drug.

[Anonymous No.56107773]

not Bitcoin = niggercoin.

[Anonymous No.56107842]

>>56107773
ask any nigger what they hold the most of

[Anonymous No.56107919]

NEW THREAD: >>56107917
>NEW THREAD: >>56107917
NEW THREAD: >>56107917
>NEW THREAD: >>56107917
NEW THREAD: >>56107917
>NEW THREAD: >>56107917