Do the math.

[Anonymous No.10049660]

XMR is a $2,000 coin. The only one with a right-now real-world usecase. Get good, faggot.

[Anonymous No.10049895]

>>10049660
Biggest hold for me. What are you talking about XMR at 2k though?

[Anonymous No.10049958]

>>10049895
Anyone who spends time researching what gives currency its value will see that XMR is an insane bargain.

[Anonymous No.10049968]

>>10049958

You mean inflation? lololo

[Anonymous No.10049980]

>>10049958

You mean inflation? lolol

[Anonymous No.10050036]

>>10049958
Oh yeah I agree, I'm just saying I don't think $2k is the limit. At this point it's really just a question of timing the bottom of this crash to buy more. People sleeping on Monero can't be helped.
>>10049968
>>10049980
Monero has perfect inflation (after tail emissions.)

[Anonymous No.10050048]

I been moving all my alts into xmr. This one will stand tall in the end.

[Anonymous No.10050067]

>>10050036
>>10049958
I like how you can tell where people are on the autistic spectrum so easily

[Anonymous No.10050088]

>>10049660
https://www.youtube.com/watch?v=u7WYFLlxGbA

[Anonymous No.10050089]

>>10050036
$2,000 right now.
Unironically $25,000 if it achieves 60% darkweb saturation.

[Anonymous No.10050159]

>>10050089
autism is off the fucking charts

[Anonymous No.10050171]

>>10050067
Show me on the doll where Ricardo touched you, anon.

[Anonymous No.10050265]

>>10050171
I don't speak autism can you rephrase that shitty joke?

[Anonymous No.10050332]

>>10050265
Just get the fuck off my board already, newfag.

[Anonymous No.10050368]

>>10050332
Aww you've been here since only 2012 and call people newfags thats cute

[Anonymous No.10050371]

>>10050332
This is not YOUR board you fucking autist, just go back, to YOUR board. I dont know which one, probably /pol/ judging by how god damn autistic you are.
/biz/ was actually not autistic, until about 2 months ago when retards really flooded the place and killed the board, 6 months ago the board wasnt just crypto, but now it turned from just crypto into /pol/ tier shit flinging because of autists like you.
Get off of MY board you fucking degenerate

[Anonymous No.10050383]

For Monero to reach 2000 it will first go down to 20, because BTC has to crash and burn for that to happen.

[Anonymous No.10050402]

>>10050368
>>10050371
This is a thread about Monero and this brainlet comes in and starts calling people autists without adding anything to the discussion and I'm the one getting told to leave? The fuck is wrong with you people.

[Anonymous No.10050434]

>>10050402
Ever heard of ignoring, you're just flinging shit at him. Also you didnt deny that you're a newfag to this board, so please just fuck back off to /pol/ already
>>10050368
This guy too

[Anonymous No.10050456]

>>10050383
The market is run by whales and fuckwits who are using it for pure speculation. That's the only reason XMR isn't $2,000 right now. It is literally worth $2,000.

[Anonymous No.10050468]

>>10050067
>>10050159
>>10050265
>>10050368
>t. Verge bagholder

[Anonymous No.10050472]

>>10050434
I posted an image from 2009 or something. What else do I have to do to prove my agingfag cred?

[Anonymous No.10050493]

>>10050371
six months ago was january you stupid kike.

[Anonymous No.10050494]

>>10050402
>>10050468
>>10050472

>>10050456
Listen to this guy you autistic fuck, whenever you start trying to predict the value of fucking retard coins like Monero you are instantly labeled an autistic retard because it shows you have absolutely no education

[Anonymous No.10050508]

>>10050472
you're too dumb, apparently, to notice a fairly common/simple derail tactic. you're new until you assimilate, ya dumb bastard. your years mean fuckall if you're still mouth breathing.

[Anonymous No.10050536]

>>10050494
>retard coins
>like Monero

[Anonymous No.10050603]

>>10050536
There are only 10 coins I can name from the top of my head that have the same fucking purpose of monero, not that hard to make private transactions you fucking neet

[Anonymous No.10050638]

>>10050603
Monero is the only one that's worth a damn. Zcash is interesting but is too computationally heavy to be practical and its encryption method hasn't been around enough to stand up to scrutiny. I suggest you read up on what makes a privacy coin worthwhile.

[Anonymous No.10050704]

>>10050638
>what makes a privacy coin worthwhile
The anonymous transactions do you stupid fuck which over 100 coins have the exact same fucking private protocol

Your autistic neet ass just hasn't seen it on here or the first page of google

[Anonymous No.10050734]

XMR is currently playing the role that BTC was in before it exploded.

[Anonymous No.10050759]

>>10050704
>The anonymous transactions do you stupid fuck which over 100 coins have the exact same fucking private protocol
What? No, they really don't. Most claimed "privacy coins" out there are some shitty fork of DASH which uses CoinJoin and maybe optional stealth addresses, and are completely subject to blockchain/wallet analysis. Some of the newer ones use Zerocoin which has a trusted setup and generally isn't that interesting.

The only privacy coins that are worth even being called by that term are Monero (Cryptonote protocol - ring signatures, unique key stealth addresses, RingCT) and maybe if you're being generous and you aren't suspicious of their organization, ZCash (Zerocash, zk-snarks).

[Anonymous No.10050809]

>>10049660
probably the only decent thread in about a week. Thanks for a dose of reality OP

[Anonymous No.10050818]

>>10050456
The marketcap of monero should be $2000

[Anonymous No.10050832]

>>10050371
just buy some XMR lad. It’s the only way to stop the assblasting

[Anonymous No.10050857]

>>10050818

[Anonymous No.10050917]

>>10049660
Ledger support on the way plebs

[Anonymous No.10050923]

[Anonymous No.10051001]

>>10050917
never going to happen, it's been ages since the last update for partial support thats only enabled through developer mode. shits fucked.

[Anonymous No.10051082]

>>10051001
still accumulating?

[Anonymous No.10051084]

>>10051001
Enjoy life pleb

[Anonymous No.10051161]

>>10049660
>real world usecase
>buying muh illegal drugs
meh, 500 maybe. 2000 u must be high on those illegal drugs bruh

[Anonymous No.10051196]

>>10050508
i'm an oldfag
been here since october

[Anonymous No.10051202]

>>10051161
2000 would be 1/3 of bitcoin. Keep in mind that it's a lower supply, higher utility bitcoin that's committed to asic resistance. Do you really think it doesn't even deserve 10% of the price of btc?

[Anonymous No.10051289]

The problem is that darknet is essentially dying

[Anonymous No.10051365]

>>10051202
bitcoin is terribly overvalued for what it is

[Anonymous No.10051406]

Lol you fucking delusional SJW cuckolded fags

Team Monero LOL

[Anonymous No.10051609]

>>10051001
this is wrong they released dev support like last month

[Anonymous No.10051622]

>>10051161
You must have forgotten that BTC is only where it is today because it was the preferred currency used in drug transactions of Dread Pirate Robert's Silkroad.

[Anonymous No.10051803]

>>10051622
how does that give BTC any value today? silkroad died many years ago. maybe you could argue that it proved the "worthiness" of making online transactions using cryptocurrency...BTC happening to be the most "legit" at the time.
Market cap of BTC was <10 billion in silkroad's time.
Today there is much better crypto out there and BTC can't compete because of transaction time and fees. It's only a matter of time until BTC holders who bought at 15k figure this out and dump their bags

[Anonymous No.10052679]

>>10050704
this guy is on point, monero is worthless, also Fluffypony and other crew have a lot of premined XMR \w Bitmain ASICS so yeah $50 is tops its worth

[Anonymous No.10052726]

>>10049660
No it's not, not until we can verify that it is quantum proof... and it's open source, what's stopping someone from replicating everything but pegging the value to the USD? The thing stopping most from using it is the price volatility because of speculators like you and whales manipulating it's value.

Why would anyone with a significant amount of money risk converting it to Monero only for the price to crash 250% by the next week?

[Anonymous No.10052738]

>>10052726
>for the price to crash 250% by the next week

[Anonymous No.10052740]

>>10052738
not an argument

[Anonymous No.10052876]

>>10050818
Best comment so far. Dubs confirm me pls

[Anonymous No.10053320]

>>10050456
It's worth what people are willing to buy and sell it for no matter how great you think the technology is.

[Anonymous No.10053327]

>>10051202
I think Monero should be 1/3 of bitcoins price but bitcoin should be $850

[Anonymous No.10054043]

>>10050759
b-b-but verge has TOR integration?!?!?

[Anonymous No.10054186]

>>10053320
This is where you're a fucking brainlet faggot with a yardsale mentality. Currencies are not baseball cards, dumb fuck.

[Anonymous No.10054200]

Who else monero maximalist?

[Anonymous No.10054465]

>>10052679
>Fluffypony and other crew have a lot of premined XMR \w Bitmain ASICS so yeah $50 is tops its worth
Sauce

[Anonymous No.10054502]

>the only one

You must be bag holding hardcore

[Anonymous No.10054647]

>>10049660
Realistically once bitmain stops their dumping and the market stops taking a shit we'll be lucky if this coin gets back to ATH, but October will be defining once bulletproofs is implemented.

[Anonymous No.10054660]

>>10054647
You are pulling random prices out of your ass. There is a way to figure out what a currency is worth. Do that instead.

[Anonymous No.10054685]

>>10049660
privacy isn’t selling, apparently, kek

[Anonymous No.10054691]

>>10054660
I never mentioned prices specifically all I said is monero is getting fucked by bitmain and that ATH is the most we're gonna see until bulletproofs. But whatever you can be delusional all you like.

[Anonymous No.10054705]

>>10050371
what a retarded faggot

[Anonymous No.10054711]

>>10054685
Because people have not realized how import it is. Which they hopefully will in the near future

[Anonymous No.10055088]

ZenCash is the new Monero

[Anonymous No.10055216]

Zcash way better than XMR

XMR is the literal fagcoin of crypto

Hilarious that you retarded fucks are lining fat boys pockets even though Monero had an infinite coin exploit forever

Don’t worry - I’m sure they didn’t generate too many coins LOL

[Anonymous No.10055468]

>>10049660
Syscoin Blockmarket has a very real use case right now.

[Anonymous No.10055808]

>shitty GPU coin
No thanks, I'll stick to my secure and predictable ASIC-coins

[Anonymous No.10056105]

>>10051803
you're reinforcing my point.

> how does that give BTC any value today?

Its the absence of value thats why BTC is falling and we're saying XMR is under valued

[Anonymous No.10056180]

>>10050759
No
https://www.groestlcoin.org/groestlcoin-samourai-wallet/

[Anonymous No.10056713]

monero and all other crypto built with security at its base layer are for use rather than investment as any compromise in integrity or improvement in tech will render it obsolete and will take it to zero overnight

[Anonymous No.10056769]

>>10049660
seriously the best long-term hold.
tail emission kicks in 2020 which will severely reduce the selling pressure by default, simply because there will be less created to dump in the first place.
$2k by 2021 at the absolute latest. screencap this, hi mom.

[Anonymous No.10056786]

>>10050067
>>10050159
>>10050265
>>10050368
>>10050494
waaaaa i'm angry waaaaaa. form a coherent argument that isn't ad hominem or stay poor, christ.

[Anonymous No.10056813]

>>10050603
>not that hard to make private transactions you fucking neet
tell me, then, why on earth no darknets accept verge? dash? pivx? oh right, they're objectively inferior. same reason blackhat hackers install monero miners and not verge/dash/et al miners.
because it fucking works. no other privacy coin is community-funding $500,000 proposals in under a week to get literal cryptographer PhDs working on the project.
seriously, you're delusional if you think any other privacy coin comes close to XMR.
Try your best to look into all of this yourself. I know it's difficult when you're not being spoonfed, but just try your best, okay kiddo? :^)

[Anonymous No.10056823]

>>10051001
i currently have 4 digits of monero on my ledger at home, retard. is this really the best fud this thread has to offer? i can dismantle any fucking argument in this thread lol.

[Anonymous No.10056833]

>>10052679
>all of the privacy coins are the same!
imagine being this fucking retarded LOL

[Anonymous No.10056855]

>>10056713
>any compromise in integrity or improvement in tech... take it to zero overnight
yeah, no, that's not how software development works retard. furthermore, monero has an easily-verifiable history of being extremely adaptive to improvements in tech. no other coin has regularly scheduled hard-forks with such overwhelming consensus. BTC shit the bed over something as simple as block-size(which monero already handles dynamically, btw...) while Monero is funding PhDs and being accepted by the black market worldwide.
i screencapped this entire thread and I WILL be posting it in 2021 to laugh at you all.

[Anonymous No.10056882]

>>10056855
>>10056833
KEK CONCURS.
also pic related: your privacy coin of choice will never have this utility. Notice how z-cash, another "privacy coin" can't even hide amounts. fucking kek.

[Anonymous No.10056936]

>>10056855
your dear monero has 30% of hashrate unknown =) in the past 2 weeks it jumped from 15% to 30%, I wonder what that Uknown hashrate might be, btw before 12.0 fork it was at 81%, that means BITMAIN controlled 81% OF TOTAL HASHRATE.

https://i.imgur.com/k75rmEP.png

its going back up from 15% unknown to 30% and more! check it out : http://minexmr.com/pools.html

Monero is a shit coin just like all others, sure amounts are hidden with ringCT but 7 ring signature size only gives u plausible deniability of 1/7, which is a joke.

[Anonymous No.10057001]

>even though Monero had an infinite coin exploit forever....I’m sure they didn’t generate too many coins
I am sure they didn't generate any, actually, because you can audit the entire emissions/block-rewards yourself. Fluffy posted how to do this, too. You probably couldn't figure it out though seeing as how you can't even do basic research.

[Anonymous No.10057019]

>>10057001
meant to reply to: >>10055216
also look at the pic i posted faggot, z-cash can't even hide tx-amounts AND the developer said he'd bend over backwards for law enforcement when prompted. oh, and I'm suuure z-cash destroyed their genesis keys, where they could actually print unlimited z-cash and unlike monero, you _cant_ audit the emissions.
>this is all easily verifiable information

[Anonymous No.10057039]

>>10051406
How are you today?

[Anonymous No.10057058]

BOW DOWN SHITCOINERS, THE KING MONERO IS HERE.

[Anonymous No.10057088]

>>10056936
>your dear monero has 30% of hashrate unknown =) in the past 2 weeks it jumped from 15% to 30%
yes, that's because of botnet owners/operators who had set&forget on their drones.
you do understand that an unknown hash-rate is a good thing, right? that is the definition of decentralization.
we nuked bitmain's asics and will do so again in september, if they even have the audacity to attempt and build new ones within a 6 month timeframe.
the increasing "unknown" percentage is botnet operators switching to the new algo.
you're incredibly naive if you think it's a single actor, sorry kiddo

[Anonymous No.10057167]

>>10056936
They'll just fork the network again like they did a couple of months ago.

[Anonymous No.10057201]

>>10049958
>>10049968
>>10049980

FUNGIBILITY

[Anonymous No.10057325]

Too bad current prices of coins have nothing to do with real world.

[Anonymous No.10057587]

>>10056936
>>10057088
It may be botnet reactivation but I think there's a simpler explanation. The hashrate jump has to do with the fact that all Equihash based coins are getting absolutely mined the fuck out by ASICs and are increasingly unprofitable to GPU-mine on. The only coin in this godforsaken bear market that is worth GPU mining is Monero since it is extremely likely to rebound from this current price even if it isn't even currently at breakeven on Nvidia GPUs.

Miners have very few alternatives except gambling on total shitcoins shilled by Rajesh on BTCT.

[Anonymous No.10057744]

>>10057587
true, that is a valid point. the real hard part with XMR speculation is since the tx-set is so private, making informed deductions based on who's doing what is difficult. personally, I think this feeds into the pressure keeping xmr undervalued.

[Anonymous No.10057775]

>>10057744

yeah, I can't wait for Monero to be #1 so we don't have these faggots posting on reddit every time a whale farts on the blockchain

[Anonymous No.10057846]

guys im out of the loop
havent touched crypto in months

is monero still THE privacy coin

everything still ok? no ones cracked it yet right

should i re-buy at this low price

[Anonymous No.10057906]

Yes to the first two question. The last only you can answer for yourself.

[Anonymous No.10057920]

monero ranked top 8 fastest cyptos right now and that is still without bulletproofs. i change my mind that xmr is highly undervalued.

[Anonymous No.10057921]

>>10057846
daily reminder even one security breach will likely reveal the entirety of blockchain
just something to think about

[Anonymous No.10057936]

>>10057921
fork it to death is one option. greeed kills

[Anonymous No.10057964]

>>10051289
this. one of the worst things about trump and sessions.

[Anonymous No.10058086]

>>10057964
I guess it locks up a good bit of supply tho....

[Anonymous No.10058150]

>>10057921
Hasn't happened yet and the longer Monero exists, the more tangled the web of outputs becomes. Quantum computing could break its encryption but that probably won't happen in our lifetime.

[Anonymous No.10058353]

This, out of a few thousand coins, has the highest use case by a significant margin. If we are talking about payments instead of market cap then Monero would be at a +50% dominance, outshining both BTC and ETH. The price does not reflect it because people actively use Monero instead of stash it. This kind of use does create its own economy. If someone needs 10$ mil in Monero and he does not have it. Good luck accumulating it, you will raise the price according to economic value of that transaction. Whoever cashes out will lower it.

I am pretty sure that the importance of Monero goes over the average /biz/ users head. You should see it as an actual currency (from a Forex perspective) then a Cryptocurrency. Considering BTC reached $20k, I have absolutely, no doubt in mind that we will eventually reach $2k, if not more. Government regulation will only boost the price here, because people would still need to use and buy; and now have to do so at insane premiums.

[Anonymous No.10058487]

>>10058353
Based.

[Anonymous No.10058865]

>>10057921
that's no different than saying "daily reminder that if sha-256 breaks then all bitcoin is valueless"
technically correct, but absolutely asinine

[Anonymous No.10058914]

>>10049660
Dero just made xmr obsolete

[Anonymous No.10059005]

>>10058914
Literal who coin.

[Anonymous No.10059037]

Who else here /miningxmrwithvega/?

[Anonymous No.10059062]

These major factors and developments will cause a huge boom in XMR value:

1) Kovri (This will render Tor and .onion browsing obsolete)
2) Hardware Wallets (This will reduce the circulating supply)
3) Bulletproofs (80% reduction in size)
4) DNM adoption (Huge increase in demand)
5) Globee project (Mainstream adoption)
6) Immaculate code (Constantly reviewed by PHD mathematicians
7) Decentralised (Arguably the most fairly distributed coin with no central authority or figure)
8) Untraceable (People are waking up to bitcoin/blockchain analysis

[Anonymous No.10059076]

>>10058865
This. SHA-256, RIPEMD-160, AND Elliptical Curve encryption would need to be cracked in order for bitcoin to be compromised. Unless the entire field of cryptography is rendered useless overnight, this is such an unlikely scenario. If you store your coins in an address without any transactions, your ECC public key is never revealed to the network, so even if there is an ECC vulnerability bitcoin can still be stored safely in these addresses. If there is a SHA256, or RIPEMD vulnerability, your addresses are still very secure.

Even if you could reverse engineer the function for generating a bitcoin address (minus some details):
SHA256(SHA256(RIPEMD160(SHA256(ECC_PUBKEY))))

You would still only have the ECC public key. So if anyone can figure out a way to reverse engineer all of that, then shit.

[Anonymous No.10059197]

>>10059062
Except some asshole told Jeff sessions about dnm s>>10057964

[Anonymous No.10059451]

Monero is the state of the art in money. Nothing better expresses the qualities of money better than Monero. After Bitcoin has gone to zero for its political deadlock and unsuitability for use, Monero will still be money. So yeah, but not for long: By the time it passes 0.1 BTC it will be poised to rapidly surpass 1.0 BTC, then eventually 10BTC, 100BTC and perhaps even 1000BTC, depending on whether or not a settlements network can be salvaged from the ashes of Bitcoin.

[Anonymous No.10059667]

>>10059197
Monero doesn't need DNM to be successful though. It would help its value increase but that's not the only reason for Monero to exist. More and more people are just realizing that bitcoin is completely transparent and that it doesn't make any sense to conduct any kind of business, legitimate or otherwise, with a public ledger currency. If Monero can ever figure out how to be a bit more user friendly without compromising its ideals there's a chance it could be the transactional currency of the crypto space within a few years.

[Anonymous No.10059687]

>>10059062

no shilling this is 100% true

damn I love XMR

[Anonymous No.10059705]

>>10059667
>>10059197
agreed, moneor doesn't need the dnm, it's just a nice market to have.
pandora's box has been opened though: nationwide darknet operation only results in 35 individuals arrested? i.e. they only went after big, low-hanging fruit.
the financial incentive to vend isn't going anywhere, and the decentralized globalization of the drug-trade (through dnm's) will ensure there is no shortage of markets to arbitrage in, i.e. buying pot in california and vending to those in kentucky.
what, are we supposed to believe that prohibition suddenly works now, in contrast to thousands of years of history? laughable.

[Anonymous No.10059720]

>>10059705
>moneor
fuck

[Anonymous No.10059747]

>>10049660
top 16 coins on CMC by market-cap, guess which coin is monero? Yep.
get in before this thing decouples, desu.

[Anonymous No.10059831]

>>10059705
XMR KOVRI PROJECT

“While I love Tor tremendously and will defend her with tooth and nail, at this time of writing there are two issues that concern me the most with regard to the Tor project:
First, with new management, the current state of the project is in questionable flux: core volunteers who have been with the project since its very early years are uprooting and leaving, there are publicly known conflicts within the organization, there are many rumors (both founded and unfounded) about U.S. government infiltration,
Secondly, Tor’s Achilles’s heel: authorities, consensus, and flow-based onion-routing (as current implemented in Tor): they are not truly decentralized.”

But doesn’t Monero obfuscate transaction destinations and transaction amounts? Yes, but when you make a transaction, you tell the network that you want it to be included in the next block. Your IP address, along with other metadata, is leaked. But your IP address is not recorded forever in the blockchain.
Malicious actors could try to figure out IP addresses if they actively monitor the network and explains why Kovri is so important. Monero contributor SamsungGalaxyPlayer (SGP) stated, “[Kovri] will make it very, very hard, hopefully impossible, to monitor this information.”
Spagni added that, although possible, such as attack would be difficult to pull off, “your IP address is not embedded in the transaction. They need to be running nodes of their own, and then observing which node first broadcasts a transaction, so it’s a hard attack to pull off, it has happened with bitcoin before, and maybe it could even be happening with monero, we wouldn’t know…”

[Anonymous No.10059874]

>>10059831
I believe IP obfuscation will change the landscape as we know it. KOVRI is extremely important and I believe it will launch Monero into another league.

[Anonymous No.10059920]

>>10059705
>>10059667
> Monero doesn't need DNM

I think that commerce and trade anywhere is fundamentally important to price discovery. Don't discount DNM's because they are the bastard child in Monero's public perception. DNM's may lead the road to long term adoption, similarly how the Silkroad gave Bitcoin a huge push in its early prime. The alternative of speculating on future use cases outside of DNM's, is not so good for price discovery, we can only draw data from what is going on right now (DNM adoption).

[Anonymous No.10059998]

>>10059705
I read through it and it said all arrested were using bitcoin. Honestly pretty bullish for xmr, however not bullish if dnms die

[Anonymous No.10060017]

>>10049660
There will never be a relevant competitor to monero regarding privacy and fungibility. Brainlets in this thread didn't research or baghold shitcoins.

[Anonymous No.10060020]

>>10050371
is this bait? 6 months ago was January

[Anonymous No.10060072]

>>10059998
>however not bullish if dnms die

Yeahhhh, going out on a limb saying they won't die

> In 1972, long before eBay or Amazon, students from Stanford University in California and MIT in Massachusetts conducted the first ever online transaction. Using the Arpanet account at their artificial intelligence lab, the Stanford students sold their counterparts a tiny amount of marijuana.

Digital illegal trade has existed and thrived way before Bitcoin. Way before the dot com bubble. Cryptocurrencies are just accommodating here. Without Bitcoin those markets would have existed in some other way or shape in the past. In fact they did.

[Anonymous No.10060143]

>>10060072
yeah it’s kind of amazing that people still use bitcoin on those markets. feeling pretty bullish that xmr was not listed in their report (considering they listed the actual names of the dnms, I don’t think secrecy was part of it)

[Anonymous No.10060495]

I have a friend of a friend that has close to 100 monero, will he make it?

[Anonymous No.10061187]

>>10060495
has *an unknown amount of monero*

FTFY

[Anonymous No.10061224]

Would bubs buy something with monero? I'm a 37yr old greatest generation and I wound never use it. Maybe it's a boomer thing.

[Anonymous No.10061243]

>>10049660
>Real-world use case
>a private coin that can circumstantially
>Not using it and dropping it as quickly as you can

You're gonna make it OP straight to prison.

[Anonymous No.10061630]

>>10061243
Have to get caught first ;)

[Anonymous No.10061643]

>>10060495

after 2020

he can't spend it before

[Anonymous No.10062185]

>>10061243
>a private coin that can circumstantially
Want to finish this thought, brainlet?

[Anonymous No.10062207]

Dero has made Monero obsolete at this point.

The only two problems Dero has are lack of advertising and exchange listings. Once those problems are solved, it's lights out for Enigmacucks, and Dero will take its rightful place at a 50% marketcap of whatever Monero is.

[Anonymous No.10062304]

>>10062207
Is Dero open source yet?

[Anonymous No.10062411]

>>10061224
bubs would definitely use monero to buy some viagra and get raided by police.

Wanchain is using monero in a less creepy and more user-friendly way. It's also blockchain agnostic

[Anonymous No.10062950]

>>10062207
The "only" problem with Dero is that they promise multiple new revolutionary features, but provide no proof whatsoever. No code, no technical papers, not even a simple explanation from one of their devs.
I have now seen 2 team members of them say "we are all about the tech, we dont want hype", but all they do is hype.
Until source code or papers are released, its nothing more than vaporware.
>but muh atlantis release, look at their block explorer
yes, you can do all of that with something like a central coordinator ran by the Dero team, and it doesn't prove anything for all of their other insane promises.

[Anonymous No.10063029]

Well its certainly on a strait uptrend, guess bitmain stopped dumping

[Anonymous No.10063144]

>>10062304
The Atlantis mainnet release was today. Right now, those with merits in cryptography and blockchain code are getting first dibs at looking at the source code. After this, the public release of the source code will come out.

>>10062950
>The "only" problem with Dero is that they promise multiple new revolutionary features, but provide no proof whatsoever. No code, no technical papers, not even a simple explanation from one of their devs.

1. See response to previous post about source code
2. Technical papers should be releasing shortly after the source code
3. There is actually a huge questions list releasing shortly. The main dev has already finished answering those questions, and it's currently being double-checked by other members of the dev team.

>Until source code or papers are released, its nothing more than vaporware.
I agree 100%. If they don't release the source code, I'll be one of the first Dero supporters to immediately turn on them. However, if they do release their source code, and it's everything they said it would be, I'll become one of their strongest supporters, fully helping out with marketing and spreading of Dero as much as I can.

>insane promises.
What's funny is that what you call "insane promises" Monero and Turtlecoin devs are calling "underwhelming." I'd like to know what about Dero's promises you find to be "insane."

[Anonymous No.10063227]

>>10063144
I think people are rightly skeptical because they look at all of the technical issues surrounding something as "simple" as a pure currency coin like Monero and they question how it's possible for Dero to just break out onto the scene claiming to have a super-scalable AND private blockchain with lots of other functionality without really explaining how they can do it. I'll also jump on board if they have been sitting on some revolutionary new tech but I think people are right to be skeptical first. There have just been way too many scams in crypto to feel comfortable taking someone's word based on promises.

[Anonymous No.10063228]

>>10049660
How do you cash out Monero though ? The tax inspectors are going to ask where the money is coming from and when you start blabbering about "uuh it's an anonymous currency from the internet you see" they're going to buttfuck you so hard you will actually OWE them more money than what you earned.

[Anonymous No.10063247]

>>10063228
You don't use Monero to tax evade. The minute you involve fiat banks or even centralized crypto exchanges then everything is potentially subject to IRS subpoena anyway. You use Monero to maintain blockchain anonymity. That's pretty much it.

[Anonymous No.10063358]

>>10063144
You realize that your points 1-3 are again "promises", right?
One insane promise they gave was that they are a PoW coin with no possibility of a 51% attack. This is literally ridiculous. I don't even know where to begin with that, so I wont. Another promise is "no orphans" with 2 second blocks. But they probably just redefined what "orphan" means for this one.

[Anonymous No.10063387]

>>10063227
That's what is the most insane thing about it. Right now, Dero is sitting at about a $3M marketcap. There are literal scam coins right now that are above Dero's marketcap. If Dero releases the source code, and everything they have promised is actually real, is Dero's price REALLY just going to keep declining to sub-$1 for months and months?

Also, people aren't skeptical, they're MAD. Monero and Turtlecoin supporters have been mass-downvoting every Dero thread on /r/CryptoCurrency. Dero was even banned on there for a short while. It's kind of mind-boggling, really.

[Anonymous No.10063425]

>>10050371
RETARD ALERT

[Anonymous No.10063450]

>>10063358
>You realize that your points 1-3 are again "promises", right?
You are 100% right. They will just be "promises" until they actually deliver.

>One insane promise they gave was that they are a PoW coin with no possibility of a 51% attack.
To be fair, when they say 51% attack, they mean strictly 51%. Dero survived a "70%" attack with zero issues earlier this month, and it was on the old mainnet. If we're talking in that sense, a "51%" attack literally IS impossible. 95% attack? Probably not.

>2 second blocks. But they probably just redefined what "orphan" means for this one.
It was 2 seconds, then 8 seconds, then 10 seconds, and they finally settled on 12-second blocks. Real-time Internet infrastructure prevents it from being any lower than 12-blocks, which was the purpose of the testnet. Once the world upgrades, they can scale it to 2 seconds when the time comes.

This picture gives an idea of how hard the devs have been working behind the scenes. Of course, there is zero proof in what she is saying, so you can take it with a grain of salt. The point is that this next week is put up or shut up for Dero. They have a lot of promises to deliver on, so we'll have to wait and see.

[Anonymous No.10063454]

>>10063247
I personally use monero to tax evade.

[Anonymous No.10063480]

>>10063387
People are going to have different reactions to cryptocurrencies that aren't completely up front about what they're trying to offer. At some point, people want to get a look under the hood, and those people that have been burned by scams before will just dismiss technological claims that can't be proven as scams outright even if that isn't the case.

My beef with Dero is if they really just want to continue to develop their technology, then why even make any announcements in the first place? Why even start hyping the project at all? Just quietly go about your work, get everything in order, and then go all out once it is ready? Nobody can steal your technology if they don't even know it exists. We all know the reason they went about it the way they have is because they needed funding to continue development, I just think it's the wrong way to go about doing business in this space. It's just going to generate a lot of skepticism from crypto veterans.

>>10063454
I'm not saying you can't do it if you're creative, just that if you're using centralized exchanges you could get fucked.

[Anonymous No.10063507]

FUCKING MONERO IS FUCKING BEST #LOVETHISCOMUNITY

Fust centralized tangle losers or platform companys #GOXMR

[Anonymous No.10063534]

>>10063450
By definition, a PoW coin will always use the chain with the most work put into it. This was the solution from Nakamoto to prevent doublespends.
If a coin is truly decentralized and PoW, then someone with 51% hashpower will ALWAYS be able to mine more blocks than anyone else, and thus be able to doublespend.
Nakamoto and all the cryptography experts in crypto in the last 10 years couldn't come up with a better solution.

Now, Dero comes along and claims to have found a revolutionary way to have a decentralized PoW coin that CANNOT be 51% attacked. They provide no proof whatsoever, not even a very simple explanation.

Do you think it is more likely that they actually found this revolutionary way, or that they are bullshitting and are either not PoW, or not decentralized.

Extraordinary claims require extraordinary evidence.

[Anonymous No.10063628]

>>10063480
>At some point, people want to get a look under the hood
Agreed, which is why they're releasing the source code.

>My beef with Dero is if they really just want to continue to develop their technology, then why even make any announcements in the first place?
Because Dero speculators and miners keep bugging them nonstop for updates? Also, it's a good practice to keep your base updated.

>We all know the reason they went about it the way they have is because they needed funding to continue development
1. They have refused donations from everyone in their Slack channel who have offered
2. The premine has not been touched
3. The mined coins by the dev team who got in on day 1 (because they're the dev team) have not been touched
4. They never had an ICO

Honestly, I have no idea where the funds are even coming from at this point. Dero's price has crashed almost 80% in the past month, and they never even mention it. Likewise, when it pulled its original 10x over the span of a week, it also wasn't even mentioned by he devs. If they're all about "making money" you would think they would have just slowly cashed out their premine when it was $5, got out with an easy $10M, then went away. Hell, there are scams that I've seen that steal barely $100,000 from people then go quiet. The money argument is one of the weakest arguments I have ever seen against Dero.

>>10063534
>Extraordinary claims require extraordinary evidence.

The evidence is in the blockchain during the specific time the 70% attack was going on. I don't know how much more proof you can get than that.

[Anonymous No.10063678]

>>10063450
where do you buy dero its only on absolute trash scam exchanges

[Anonymous No.10063683]

>>10063678
Yeah, stocks and tradeogre are the only two at the moment.

[Anonymous No.10063713]

>the only one

[Anonymous No.10063740]

>>10063628
>The evidence is in the blockchain during the specific time the 70% attack was going on. I don't know how much more proof you can get than that.
You wouldn't be able to see 51%+ attacks on the blockchain after the fact, only if you had a node that would log the chain reorgs. But even if you would, that is no evidence at all, as once again we have no idea what the Dero binaries do as there is no code. If you don't think the claim that 51% attacks are impossible is ridiculous, you don't understand much about PoW blockchains.

You also say they don't do it for money, so >>10063480 point stands
>My beef with Dero is if they really just want to continue to develop their technology, then why even make any announcements in the first place? Why even start hyping the project at all? Just quietly go about your work, get everything in order, and then go all out once it is ready? Nobody can steal your technology if they don't even know it exists.

They say they don't want hype, but all their community manager does is crosspost threads on multiple subreddits that Dero is now "500x faster than Monero", "more TPS than Monero", "200x more scalable than Monero". That is called hype, especially if it is accompanied with no proof.

>>10063480 hit it on the head with
>People are going to have different reactions to cryptocurrencies that aren't completely up front about what they're trying to offer. At some point, people want to get a look under the hood, and those people that have been burned by scams before will just dismiss technological claims that can't be proven as scams outright even if that isn't the case.

There have been many many scams in the cryptoworld, and all these things I just listed together paint a very scammy picture for Dero. It shouldn't be surprising that most people will be vary of it at first, but this is not "hate".
If they just released a finished product together with source at the same time, with solid proof, I would be the first to go all-in.

[Anonymous No.10063762]

a privacy coin should never be looked at by whatever the developers shill
a privacy coin can only be proven with use
dero fags get the fuck out

[Anonymous No.10063778]

>>10063740
The source code is already been released to those with cryptography or blockchain code knowledge, then to the public a few days later. If you are so desperate to see the source code right now, find somebody with those credentials and contact the Dero team, and you could literally see the code RIGHT NOW if you wanted to.

But you won't do that. Of course, neither will I, but that's because I'm too lazy to find someone and would just rather wait out the few days until the source code is made public.

The reason for letting those people get the source code first is so that they have a head start in cracking and explaining it.

[Anonymous No.10063839]

Monero is THE only privacy coin with real use case and that is being used today as we speak on darknet
haters can just go and buy Verge, the future has cum for you

[Anonymous No.10063865]

>>10062207
>Dero
stop saying it's obsolete and start saying why it's obsolete so i can destroy your argument faggot

[Anonymous No.10063874]

>>10063228
>that feel when i can sell at 0-cost basis and still be 6-figure in the green
wew

[Anonymous No.10063923]

>>10063778
>then to the public a few days later.
If this actually happens and the code is legit, then great! I'm all for new technology. Until then though, any investment in Dero is an investment made on faith in its dev team. I will go by what third parties have to say about the code if and when it gets released to the public in its entirety.

[Anonymous No.10063940]

>>10049660
>real-world usecase.
coin of 1 exchanger with heavy money laundry policy
used only by "investors" for buy high then sell low

[Anonymous No.10063960]

>>10063940