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10105742 No.10105742 [Reply] [Original]

Why are you not steadily accumulating the only cryptocurrency we actually need? You're like a naive little puppy. Keep investing in shitcoins, kids. Only way you poorfags can "make it" anyway. But for the anons with money, buy these 130 dollar XMR's.

>> No.10105771

>>10105742
I dont need drugs and the only person I see talking about it is some Fat italian fuck. What would you have me do.

>> No.10105778

why do we need that trash coin? privacy coins are pointless and will never be mass adopted

>> No.10105788

>>10105778
You must be larping or really special

>> No.10105794

>>10105788
please explain why anyone would want to use privacy coins for anything besides illegal activities

>> No.10105800

>>10105742
I always buy a couple during each bear market. Even when the other shitcoins bleed like a stuck pig, this will hold its value because it's actually being used on darknets etc.

>> No.10105808

>>10105794
ok anon np just post a picture of your current bankaccount saldo if you have nothing ot hide with all your expanses for the alst 20 years ty.

>> No.10105833

>>10105794
I know you're not too bright, so I'll try to make this as simple as I can. Privacy is a right. It's not a privilege. Over the years, through the likes of massive corporations like Google, FB, Amazon, etc, we are no longer free. The point of cryptocurrency is largely to take something that's become heavily centralized and make it ours again. Corporations mine your data. Your credit card statements are sold to advertisers. If that's a world you're comfortable living in, then don't buy XMR. It's not for you. It's not about having anything to hide. Now before you guys call me a SJW cuck for believing in crypto apart from its ability to make massive gains, I'll leave you with this tip. I'm also a TA fag. And I'm rarely wrong. Right now is the time to buy XMR. It's the strongest chart on the market.

>> No.10105844

So this wasn't made by fbi right ?

>> No.10105846

>>10105833
The Internet was once a beautiful place. It will be again. We're taking privacy back. We're taking power back. Now go buy yourself 5 XMR with your whole portfolio. You're probably one of those people that thinks ETH is better than BTC too.

>> No.10105856

>>10105788
K

>> No.10105864

>>10105794
And please tell me what the point of a rich list is.

>> No.10105877

>>10105844
fbi is too dumb to make this. Xmr is a fork of bytecoin which was premined on the Tor net for almost 3 years before someome "found" it and posted a thread on bitcointalk. xmr forked it with no premine and made it more secure.

Bytecoin is the mystery origin of the tech. They left bread crumbs in their original Tor website that made it look like cicada 3301 was behind it, could be them, could be DOD or other military, nobody knows

>> No.10105907

>>10105794
To avoid price gouging you fucking idiot. Do you understand nothing about the real world?

Also "illegal" activities could include hiding cash from seizure by the Venezuelan or Zimbabwean government, or wiring money to charitable organizations where their activities have been outlawed by dictatorships. In fact there's a whole host of moral reasons why we need a privacy coin purely for illegal activities.

Man, I almost want to buy some Monero because if your represent the abject stupidity of non-Monero holders, I don't want to be one of yo anymore, but I won't because I'm not sure it's a good buy at the moment and don't invest on impulse.

>> No.10105928

>>10105877
I feel like xmr has the most intriguing history out of any coin

>> No.10105942

>>10105907
It's a good buy. That's why I made this thread.

>> No.10105956

>>10105846
i mean youre braindead if u think privacy is a thing in this current age. What privacy are you gonna take back with xmr? how are u gonna find a practical way to spend ur xmr? no retailer is gonna accept xmr cause it makes no sense to, u gonna go buy something with no trace that u paid for it and if anything goes wrong with the purchase you cant be refunded cause they dont know who/when/where it was purchased? lul

>> No.10105962

>>10105877
tell us more anon

>> No.10105965

>>10105794
Please explain to me why would you want the whole fucking world to know everytime you move your money

>> No.10105977

>>10105742
monero functions only as a decentralized mixer and is going to be replaced by better solutions in the next few years.
It's a horrible investment.

>> No.10105979

>>10105962
Yeah post some links please sounds very intriguing

>> No.10106003

>>10105956
Yes privacy is no longer a thing in this current age. That's what I said. But it should be. And it will be. We use privacy when we need/want to. There are still receipts. There are still payment ID's. You've done no research. It's okay. I'll still help you for some reason. Cuz it hurts to see someone so dumb here. It's digital cash. You know how cash works right?

>> No.10106015

>>10105977
>It's a horrible investment.
tbf, no one of the monero devs said it's good for investment
it gets used as a payment solution
it was a good buy at 1 dollar because i figured the black market payment-demand would be bigger than the current mc at that time
but now its vastly overvalued

>> No.10106025

>>10106003
you have really given me 0 reason to believe xmr will be used over any other shitcoin, back to ur tinfoil house with no electronics gayboy

>> No.10106027

>>10106003
>You know how cash works right?
yeah, it gets used for payment, not to make gains
see the difference?

>> No.10106039

>>10105794
Because privacy coins are the ONLY coins that ensure true fungibilty, and if you are unironically being serious in your thought process of why people do not need privacy coins, you really need to get your mental capacity improved, because you are currently portraying below average intelligence even for this board desu.

>> No.10106046
File: 13 KB, 800x450, monero_cryptocurrency_1518527179837.jpg [View same] [iqdb] [saucenao] [google]
10106046

Out of the thousands of coins you see listed on CMC, Monero has by far the largest real world use case. Which is a fact, not just an opinion. If you disagree, please tell me which other coin is used for millions in weekly commerce and trade. 95% of the coins and tokens out there satisfy not one single use case criteria and are nothing more than speculative investments on whitepapers. Monero is being used daily, because there is no second alternative to privacy and it is already the status quo.

The price does not reflect it because people actively use Monero instead of stashing 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 (hint: there is no supply), you will raise the price according to economic value of that transaction. Whoever cashes out will lower according to distribution principles.

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) than a Cryptocurrency. And it will at some point become the reserve currency of Crypto; similarly to Bitcoin right now. And sure, illegal stuff plays a large aspect here in this stage. But without Silkroad we would probably lag behind the current Crypto stage by 2-3 years at this point.

Monero will come to challenge Bitcoin for the throne. Need to pay for a shipment of a few tonnes cocaine? In the future, people may use Monero. Kidnappers demand few million in ransom? Monero will be the only option. State actors buy 0-days and information from black hats and leakers? Only Monero will do. Government going around some embargo? Pay up that Monero. This will happen, just like it happens with Cash. As demand grows, you better stack up.

Any government regulation on Monero will only add insane premiums to the price,
because people will still be required to pay with Monero when financial privacy is needed.

>> No.10106050
File: 47 KB, 1000x1000, dontbuymonero.jpg [View same] [iqdb] [saucenao] [google]
10106050

>>10106027

>> No.10106057

Best pick for long term hold

>> No.10106076
File: 6 KB, 178x178, don-t-buy-monero.png [View same] [iqdb] [saucenao] [google]
10106076

I was just trying to help... ¯\_(ツ)_/¯

Go back to Chainlink. Keep buying tokens. Let the big boys play with the coins.

>> No.10106085

Also can anyon explain the supply of this coins, it seemes like they got Infinity coins or sth

>> No.10106090

>>10106050
like i said i bought at 1 dollar, seemed reasonable to me back then
sold before ath, but enough gains for me
don't see it as a reasonable value rn
same for the rest of the market

>> No.10106100
File: 129 KB, 1024x768, b (1304).jpg [View same] [iqdb] [saucenao] [google]
10106100

>>10106046

Monero is pretty cool desu. Of all cryptos I think its the most distributed and since they kicked Bitmain out it will remain so

>> No.10106102
File: 1.25 MB, 1440x2960, 8ki3en03fcz01.jpg [View same] [iqdb] [saucenao] [google]
10106102

Monero is the definition of "crypto-currency"

>> No.10106104

>>10106090
congrats bro, nice gains

>> No.10106110

Is tutrle a cheap monero?

>> No.10106134
File: 339 KB, 1000x1416, 647ae124f84565fc440635ad419966cf.png [View same] [iqdb] [saucenao] [google]
10106134

Just look at our sexy anime character.
1 XMR = 1 XMR (dat good good fungible shit)

>> No.10106144
File: 411 KB, 750x1059, 46775098_p47.jpg [View same] [iqdb] [saucenao] [google]
10106144

>>10106134
Old hag, but i guess children will not be using it
(except man child)

>> No.10106162

>>10106046
>Which is a fact, not just an opinion. If you disagree, please tell me which other coin is used for millions in weekly commerce and trade
Millions? Monero has few thousands users at most.
Monero transactions yesterday (24h): 3469
Ethereum: 632981
182x
The way monero is used by most people:
shapeshift/xmr.to/whatever from something to monero: 1 transaction
wait a while
shapeshift back: 1 transaction
this scheme doesn't even work well for anonymity.

https://bitinfocharts.com/comparison/transactions-eth-xmr-zec.html#3m

>because there is no second alternative to privacy
ZCash shielded transactions are actually fully anonymous compared to monero. Which is why it's so heavily fudded by monero fags. Zcash is indisputably better for anonymity and privacy.
Transactions yesterday: 10853, although that includes transparent transfers.

>> No.10106163
File: 197 KB, 412x392, xmr.jpg [View same] [iqdb] [saucenao] [google]
10106163

> unique codebase
> not another btc clone
> fungible
> anonymous
> strong community
> actually used

Go into any crypto discord or telegram channel and watch people talking about nothing but price and rumors. Go into an XMR chat. See the difference.

>> No.10106190

You really expect the retards here to understand this? Just accumulate and leave the plebs to their shitcoins

>> No.10106199

I think we'll see exchanges de-listing privacy coins like Monero due to money laundering concerns before we see any high degree of adoption.

>> No.10106203

>>10106190
yep I'm done shilling

>> No.10106208

>>10106100

Yep. At the end of the day I know that Monero is being actively used to buy tangible assets every single day. And that somewhere somehow this creates a price equilibrium. Between all the speculation of future tech and uses of whitepapers, buzz-words and whatnot. I'd would rather choose the one which functions right now and does not need hype nor marketing efforts.

>>10106162

Cybercrime is yearly growing multi-billion dollar market which already utilizes Monero as primary mean of payments. Along with that ransomeware, crypto-lockers and crypto-jacking has risen by almost 10.000% from 2017-2018. Most of those transactions go through Monero (at some stage, since BTC has no privacy). While ETH does outscales XMR on transaction count, it certainly does not on crypto to real world translation in terms of wealth transfer. Nobody goes online, purchases ETH and then purchases something online to have shipped to their home. Yet, this happens every single hour (probably every minute) with Monero, on a scale much much larger than ETH. Debatable whether at this point XMR outdoes BTC in that regard, but detemeristically it will. Privacy online is of importance, and nobody is gonna use BTC for that long term.

> ZCash

ZCash has 0.....ZERO adoption anywhere it would matter.
Monero is already the status quo, everywhere ZCash would matter.

>> No.10106216

>>10106190
idk what the thinking behind this is
monero is private money used for private transactions
the volume of these transactions/dubious goods is clearly a lot smaller than the current monero mc
why should i buy overvalued cash?

>> No.10106233

>>10106216
It's undervalued desu, just look at the charts
once again congrats on buying XMR at 1 dollar
that doesn't make it overvalued

>> No.10106241

>>10105833
>>10105846

guys I understand that you need something to believe in, but xmr won't do that.

the internet will be ours again when we will be truly involved. let's take skywire as an example of a more reality-based project. by holding a diy or an official you become your own internet provider and also you can share this bandwidth with your neighbours. this is the real decentralisation. the coin is not doing well at the moment, but strictly talking about the internet, I recommend a little research on skywire.

>> No.10106250

>>10106162
>>10106208

Zcash has a yearly inflation rate of 38% (!) while Monero is at 6.5%
You tell me which is the better storage here.

Check the privacy coin matrix linked here:

https://news.bitcoin.com/the-privacy-coin-matrix-a-comprehensive-spreadsheet-of-anonymous-digital-assets/

>> No.10106257

>>10106241
yes a decentralized internet is also a good thing
who knows about sky
we've also got NKN
and SUB
these are all good ideas
not yet ready for my money though

>> No.10106276

>>10106250
Wow, that link made me realize what an utter trash monero is.
Quantum computing can deanonymize all of monero transactions. All.
ZCash anonymity is quantum secure.

>> No.10106282

>>10106233
idk, i'm not that ta-savy to evaluate that
i just feel that it is overvalued in the same way as the rest of the market
apart from the fact that the rest are worthless shitcoins who will likely go to zero
being undervalued in relation to a clearly overvalued market is not a safe buy for me
but that's just me
i'm a rather simple mind

there should be a xmr bank in a tax heaven with xmr redeemable for btc or something like that

>> No.10106292

>>10106257
you know, even having your own internet can bring you more money. there is no cash flow indeed at this present moment, but if you get involved there are some incentives which later could serve your interests. now if you are interested in crypto strictly then feel free to go around. , sky are very very affordable but no profit now, mb in 6 months. who knows, I might be wrong

>> No.10106293

>>10106276

>Large quantum computers, if and when built, would be capable of breaking an encryption scheme used by Zcash. As a result, an attacker with access to such a computer could check if a transaction's recipient matches some given address. In case it does, the attacker could now discover the amount and encrypted memo attached to the transaction (but not the sender). It could also compute the note's nullifier, which means it could track when the recipient subsequently spent this note. Note that shielded addresses don't appear on the blockchain, and those shared privately and unknown to an adversary would not be vulnerable. (Again, no information on the sender address of a transaction can be extracted, even if the address were known to the attacker.)
In addition, large quantum computers would be able to fool zk-SNARK verification, and thus counterfeit ZEC.

>> No.10106304

>>10105742
privacy isn't selling, apparently, right OP? kek!

>> No.10106305

>>10106276

kek, as if you understand the slightest thing about quantum computing.
Stealth addresses on Monero are quantum resistant braintart.

Anything else to say in defense of ZCash?
Enjoy that 38% inflation, year by year.

>> No.10106320

>>10106293
>and thus counterfeit ZEC
Who cares, at least you won't go to prison for buying drugs with monero 9 years ago. Some places (countries or US states) have no statute of limitations at all!
>>10106305
monero anonymity relies on ring signatures, 'stealth addresses' are a meaningless gimmick.

>> No.10106352

>>10106320

>monero anonymity relies on ring signatures, 'stealth addresses' are a meaningless gimmick.

thanks for showing how much a retarded you are, stealth address (qr) are what makes rich lists impossible, something Ztrash doesn't have because its not 100% fungible

>> No.10106363

>>10105928
>>10105962
>>10105979
https://ipfs.io/ipfs/QmXoypizjW3WknFiJnKLwHCnL72vedxjQkDDP1mXWo6uco/wiki/CryptoNote.html

>> No.10106387

>>10105979
Bytecoin and Cicada

Bytecoin Tor site included a hidden message with a reference toCicada 3301. Users also noticed that Cicada-style pictures were used by Bytecoin developers or by somebody impersonating them. Bytecoin blockchain contains several riddles composed of multiple messages. One of these messages possibly refers to Cicada: "And it's the name of person you should give your key. To find it - follow little rabbit on land you've recently inhabit."[28]

>> No.10106406

>>10106352
Rich lists are impossible because amounts are encrypted as part of the ring signature system, called ring ct.
It has absolutely nothing to do with stealth addresses. Stealth addresses are an old gimmick invented for bitcoin to use a new address for every transaction.
Educate yourself on the basics.
https://getmonero.org/resources/moneropedia/ringCT.html
>Ztrash doesn't have because its not 100% fungible
Stealth zcash coins are the ONLY fungible coins that exist. Monero anonymity is a lottery and there's no way to know if your transaction is actually anonymous.

You're a perfect example of monero brainlets fudding zcash. Monero's anonymity is nearly worthless, but few junkies are capable of understanding why.

>> No.10106425

>>10106208
>>10106162
Zcash is mossad security theater bs and the fact that the privacy feature is "opt in" and not every tx makes it very easy to trace. And zooka tweeted that the privacy feature needs to give enforcement a way to trace "bad" people

>> No.10106435

>>10106163
it's a bytecoin/cryptonote fork, not unique. but it has the most work put in and became the most popular of all the cryptonote coins

>> No.10106447

>>10106406

no you retarded, you literally are, I'm using Monero since before RingCT, its because of STEALTH ADDRESS (hides the recipient) that you don't have rich lists, there are no addresses in the blockchain as each tx creates a one-time address, the value of the txs assigned to them before CT had little meaning but allowed some theoretical attacks, that were used by Zcash co. to create a massive FUD campaign against Monero, but it blew on their faces after no service relying on anonymity (DNM) adopted Zcash and no one ever will make Zooko a billionaire from their drug activities since he is skimming a million USD per month on dev taxes alone.

>> No.10106448
File: 327 KB, 834x870, house.gif [View same] [iqdb] [saucenao] [google]
10106448

>>10105742
Got any good videos that explain more about what Monero has to offer?

>> No.10106458
File: 451 KB, 1440x2880, Screenshot_2018-07-01-07-28-50.png [View same] [iqdb] [saucenao] [google]
10106458

>>10106406
Fungible for mossad-approved uses. Nice try shlomo

>> No.10106474

>>10106448

https://www.youtube.com/watch?v=fHLXm2YBPDs

>> No.10106478
File: 278 KB, 930x534, download.png [View same] [iqdb] [saucenao] [google]
10106478

>>10106406
>Stealth zcash coins are the ONLY fungible coins that exist. Monero anonymity is a lottery and there's no way to know if your transaction is actually anonymous.

You don't have the slightest clue what you are even talking about here. When did you join crypto, 6 months ago? Not sure why anyone should even argue with you here. You are just showing ignorance, and don't understand functions.

And if ZCash is so great, why is it lagging behind Monero in terms of adoption?
I repeat: Monero has already been the status quo for a long time.

PS: See pic

So fungible, so private.

>> No.10106539

>>10106425
>the fact that the privacy feature is "opt in" and not every tx makes it very easy to trace
Anonymity set of stealth transactions is several orders magnitude larger than monero mixins
>And zooka tweeted that the privacy feature needs to give enforcement a way to trace "bad" people
>>10106458
which doesn't mean anything because it's physically impossible. Everything is open source. Another example of monero brainlets fudding zcash.

I own neither because monero is worthless and zcash has bad pr, which sadly prevented the first truly anonymous crypto from being widely used.

>>10106447
>there are no addresses in the blockchain
>as each tx creates a one-time address
you managed to contradict yourself in just one sentence

>>10106478
>And if ZCash is so great, why is it lagging behind Monero in terms of adoption?
Because most people are unable to understand the technology, and monero devs mounted a successful anti-zcash fudding campaign.
>PS: See pic
They had the private key which makes the premise idiotic. Check that info source and you will realize the amount is public in later reports. That sentence was put in create a false sense of security in dumb monero users.
That pic as proof is another good example of dumb monero users, zero critical thinking skills.
Law enforcement absolutely loves dumb monero users. They trace everything, then knowing the perpetrators use parallel construction to create the case and that's it.

>> No.10106581

>>10106539

You are going into full retard mode now

> Check that info source and you will realize the amount is public in later reports.

Nowhere, ever was the Monero amount mentioned. Point it out, post your BTC address and I will send you 0.1 BTC.

> They trace everything, then knowing the perpetrators use parallel construction to create the case and that's it.

Provide a single example where Monero is being mentioned as the currency which led cops to criminals.

> m-m-uh fudders

You have no argument other argument.

>> No.10106602

As someone who sold and traded BTC since 2011 i'm no longer using BTC because of

1. everyone can check all my transactions
2. mixers dont work anymore due to Chainalaysis
3. everyone knows whom i sent my ETH/BTC to
4. everyone knows my balance
5. when I used to deposit $100k+ to my BTC/ETH addresses people would pm me within minutes, "nice balance bro"
6. you cant trust the carder/blackhat person on the other end that he wont use the information about your transactions/balance

wait for Kovri + Bulletproofs and RandomJS for $10k per XMR

>> No.10106667
File: 5 KB, 334x151, index.png [View same] [iqdb] [saucenao] [google]
10106667

>>10106539

I'm not going to argue with you anymore, found hundreds like you over the past 4 years, they all ate their words, Monero isn't a get-rich-scheme like Zcash is for their devs and CEOs, and just because of that and will to provide, as it has been with RingCT and other improvments, it will remain the king of privacy, here a pic to you. Good luck with your ZookoCash.

>> No.10106751

I read that Monero is prone to sybil attacks, and that since put me off looking for better privacy coins (hint they're few and far between). Is a sybil attack a likely possibility?

>> No.10106763

>>10106602
mixing happens off chain

explain how chainalaysis track a coin that was mixed off chain

I would be more worried using a privacy crypto that keeps a record of the privacy transactions that can be broken someday. That is why Monero is a ticking time bomb.

>> No.10106852

>>10106581
>nowhere, ever was the Monero amount mentioned
From alphabay
>Approximately 11,993.15882 Monero moved from server 10073 into secure government controlled Monero address"
https://www.gpo.gov/fdsys/pkg/USCOURTS-caed-1_17-cv-00967/pdf/USCOURTS-caed-1_17-cv-00967-0.pdf
From Cazes' personal wallet
>Cazes's assets seized by the U.S. government included $6.6 million Cdn in bitcoin, $2.4 million in Etherium, $622,000 in Monero, and $980,512 in Zcash."
http://www.cbc.ca/news/canada/montreal/alexandre-cazes-millionaire-cars-property-alphabay-1.4215894
The guy had a fucking spreadsheet with all his holdings:
>His assets were listed in a spreadsheet on his unencrypted laptop

355VmoGHz2Uask94YaYybkN9RDdWbQgW78

>Provide a single example where Monero is being mentioned as the currency which led cops to criminals.
why would they tell anybody that, false sense of security is perfect for them.

>> No.10106974

>there are people on /biz/ shilling for a literal kikecoin

>> No.10107208
File: 106 KB, 756x1000, any minute now.jpg [View same] [iqdb] [saucenao] [google]
10107208

>>10106581
>Point it out, post your BTC address and I will send you 0.1 BTC.
>>10106852
>355VmoGHz2Uask94YaYybkN9RDdWbQgW78
>11,993.15882 Monero
>$622,000 in Monero

>> No.10107233
File: 136 KB, 560x577, 1516322349790.jpg [View same] [iqdb] [saucenao] [google]
10107233

>>10106050
>>10106076
>posting on an alt-right neo-nazi racist homophobic hentai image board based on anonymity, but not supporting the #1 anonymous crypto

>> No.10107257
File: 148 KB, 422x599, file.png [View same] [iqdb] [saucenao] [google]
10107257

>>10106852

As someone who has both reported/covered and researched the Alphabay case I can tell you that

> From Cazes' personal wallet

Is not the case. The funds were moved from Alphabay's hot wallet (i.e. customer deposits). Which was possible because the running server was seized. Cazes personal proceeds from running Alphabay were only accounted for through through ETH, BTC and ZEC (Not Monero). You can go back to that pdf you linked me, look at page-4, go through the proceeding pages and tell me where it says anything along the line of his personal funds in Monero being seized (you can't). Zero, Monero were seized from Alexandre Cazes personally, but you may spin it any way you want.

>> No.10107360

>>10107257
>Zero, Monero were seized from Alexandre Cazes personally
>Cazes's assets seized by the U.S. government included $6.6 million Cdn in bitcoin, $2.4 million in Etherium, $622,000 in Monero, and $980,512 in Zcash.
>Cazes's assets
>$622,000 in Monero

not that I expected you to actually pay

>> No.10107393
File: 146 KB, 1121x543, unknown_amount_of_Monero.jpg [View same] [iqdb] [saucenao] [google]
10107393

>>10105794
>please explain why I don't want everyone to know my entire value
are...are you serious?
funny thing is, the people who seem to think this ISN'T a big deal are generally poor, i.e. they've never had people knowing them having money be an issue.
don't worry, you'll understand one day if you're lucky.

>> No.10107400

>>10107360

This is a quote from cbc.ca, which is just as ill informed about these issues as you are. You literally have the exhibit in-front of you. Where does it say that his personal assets included any Monero? Screenshot it for me, I'll wait for you.

>> No.10107401

>>10106027
>yeah, nobody makes money trading currency pairs!
LMFAO look at USD/AUD and tell me you wouldn't short that shit a few months ago.

>> No.10107429

>>10105742
no thanks. i only buy coins with finite supplies

>> No.10107460

>>10105942
>It's a good buy. That's why I made this thread.
buy my bags the thread

>> No.10107477

>>10107400
>still trying to spin
They got a spreadsheet with everything and all private keys.
They put in the 'unknown amount' to advertise monero to dumb criminals. It couldn't be more obvious. They knew that every darknet drug dealer would read that indictment. There's literally no other explanation. They had the fucking private keys.

The journalist asked about the value of the confiscated monero and someone with access to full case files told him, probably too low to know about the honeypot marketing idea.

>> No.10107523

>>10107477

Bullshit speculation pulled out of thin air. You are looking at a court exhibit here, not some journo's blog post. Unless you are calling a conspiracy here no Monero were seized according to the case files, presented in courts. Anything else is unsubstantial FUD, and you know it.

>> No.10107647

>>10105844
Fbi doesnt do crypto just investigates fake russia medling

>> No.10107690

>>10107523
do you even know what a private key is? It doesn't matter how anonymous the coin is if you have it.
>court exhibit
Which states in plain text that they confiscated monero. Can you read?
>Written next to these wallet addresses were the "private keys"
>computer agents took control of [..] an unknown amount of Monero
>took control

It's clearly written: they have the private keys for all his addresses. They confiscated monero from his addresses. That's what 'took control' means. It doesn't mean 'noticed he had monero'. It means they transferred it.
Knowing that junkie idiots like you still won't connect the dots, they added 'an unknown amount' and didn't write even more explicitly about transfers to make you feel safe.

Later someone slipped up and told the journalist a dollar-converted amount, but fortunately for leos brainlets just ignored it.

>> No.10107732

>>10105942
The market cares nothing about what is good, only what is shilled by "influencers"

>> No.10107841
File: 210 KB, 900x675, women in the military.jpg [View same] [iqdb] [saucenao] [google]
10107841

>>10106474
interesting. one flaw with a non-auditable crypto is that you can never be sure that a bug hasn't created a bunch of inflation anywhere

>> No.10107894

>>10107841
Monero is auditable.

>> No.10107896

>>10105794
Gr8 b8, I'll r8 8/8

>> No.10107937

>>10106025
>>10105956
Ok shit...It isn't even a bait. You are really part of a subhuman race or completly brainwashed.

Obviously privacy isn't a thing in the current age because people doesn't feel the consequences right way. convenience and dopamine are more precious for the monkey minded people. Sooner than later everyone will regret it and then privacy will retake its deserved throne

>> No.10107981
File: 1.75 MB, 1080x1168, gender identity.png [View same] [iqdb] [saucenao] [google]
10107981

>>10107894
yeah voluntarily, i mean if some bug happened to John Smith and one day he has three times more Monero than he had yesterday for no reason it's possible he wouldn't tell anybody about it

>> No.10108003

>>10105742
Because you have no way of knowing if a 51% attack happened or not

>> No.10108024

>>10107981
well to become a pirate you dont have to wear a pirates costume you just have to pirate things
so in order to become a woman maybe you just have to get fucked, whine all day and spend a lot of money on clothes

>> No.10108092

XMR is currently not fully scalable which limits/restricts its adoption curve.

XMR's codebase is obscure and difficult to adapt for 3rd party implementations. You should look at the history of the JAXX attempt at XMR implementation.

>> No.10108101

Adoption /mainstream usage concerns:

XMR's community and ethos does not play well with KYC. KYC is almost mandatory in order to have a direct fiat gateway.

The XMR community rallied and led a FUD/Slander campaign against Changelly which required KYC of its XMR users to protect its company from accusations of money laundering by international lawmakers (which would then mean it would lose its fiat licence).

The XMR community did not acknowledge the pragmatic reality of this and in rallying a campaign against changelly attempted to slur its reputation.

Changelly responded by delisting XMR.

This means that any hopes of XMR obtaining fiat gateways in the future are greatly minimized since due to our regulatory climate almost all direct fiat services or services offering fiat:xmr pairs will require KYC. It is doubtful any reliable and legit fiat providers will want to take that risk.

As such XMR's own value will be more dependent on dominant crypto trading pairs (at present this means Bitcoin).

It also means that unless more services appear which directly accept XMR for goods & services, the only way XMR can function as a currency as opposed to a store of value will require an XMR -> other crypto or XMR -> Fiat conversion. Both these steps could compromise the identity of the seller/buyer and create barriers to adoption.

More importantly this opens up the real major criticism of XMR which is that whilst you could argue that it is now decentralised as a currency, it is still fully dependent on other mostly centralised services for adoption most of which are vulnerable to censorship, shutdown, hijacking (many DNMs) or delisting of XMR as an accepted payment option (either via regulations or through other means including community harrasment as outlined).

>> No.10108139

>>10108092
>not fully scalable
>he still thinks block size is an actual issue

>> No.10108157
File: 97 KB, 800x800, vegan2.jpg [View same] [iqdb] [saucenao] [google]
10108157

>>10108024
and to become a vegan you just have to climb a mountain

>> No.10108658

>>10107690

Of course I know what a private key is....If they got his Monero private key, why would they not list the exact amount? It would be view-able just as with ZEC/ETH/BTC. And it would be 100% in the exhibit.

> Which states in plain text that they confiscated monero. Can you read?

The exhibit states "Any and all" along with "a unknown amount", which equates to 0. Persecution has no case at all to make based on the proof regarding Monero. No amount from Cazes was seized, neither traced. If it were, the information would be just as transparently provided by the persecution/plaintiff in the exhibit as ZEC/ETH/BTC

> That's what 'took control' means.

Again: no amount = 0 Monero, seized or traced
They took control over Monero used by sellers and buyers,
which was easy since Cazes was busted with the server running.

> Later someone slipped up and told the journalist a dollar-converted amount,

Yeah sure, what a coincidence that the Alphabay hot wallet funds equaled the approximate dollar converted amount as those 11993 XMR which were seized from the server (not cazes). The journalist, read the exhibit, and drew the conclusion that server = cazes private holdings.


>>10108101

In long term Monero does not need fiat. It is fiat which needs Monero. Maybe it sounds deluded and I may very well be. But if a fortune 500 company gets their entire system compromised by a crypto-locker. You cannot tell them to go through weeks of KYC, and that they cannot purchase Monero. They need it yesterday. Monero is not gonna go away. Both for purely private and legal reasons and also nefarious ones (unfortunately). PS. Bitfinex has a XMR OTC desk.

>> No.10108729
File: 9 KB, 247x204, 1525624332775.jpg [View same] [iqdb] [saucenao] [google]
10108729

>>10105742

the truth, pick one :
> Unknown amount of Monero was found by the fbi.
> Dozen of security hole has been found in Monero base code.

Fluffypony, Monero lead dev is a public figure.