Friendly Reminder

[Anonymous No.11006464]

Bulletproofs are coming out soon.

Monero is King. Monero is what Bitcoin was always meant to be: private, untraceable, decentralized, and FUNGIBLE.

You should be accumulating.

[Anonymous No.11006486]

useless drug dealer currency

[Anonymous No.11006502]

>>11006486
>useless drug dealer currency

[Anonymous No.11006560]

>>11006486
>bitcoin

[Anonymous No.11006794]

>>11006486
Never going to make it.

[Anonymous No.11006819]

>>11006486

[Anonymous No.11007338]

im waiting for it go hit 50

[Anonymous No.11007490]

>>11006464
market is still dumping. this isnt the right time

[Anonymous No.11007516]

>>11006464
so lets see here. every big name coin has a face behind it, or a "leader" .eth has vitalik. ripple has chris larsen. and monero has a fat brony guy named fluffy pony. do you honestly think anyone is ever going to take that seriously?

[Anonymous No.11007544]

>>11006464
monero's anonymity is nearly worthless. When you receive a payment you rely on other people to include your output in their mixins. You are lucky to get 4 in 2 days. Pathetic anonymity set.
It's only semi-popular on darknets because criminals are dumb and don't understand how shitty ring signatures are for anonymity.

[Anonymous No.11007548]

>>11007544
Huh?

[Anonymous No.11007670]

>>11007516
Shhhhh. Let them believe in another shitcoin for a while.

[Anonymous No.11007685]

>>11007548
Assume you're a drug seller and I'm a cop. I buy drugs from you for xmr.

Scenario 1:
You are a not very smart criminal and send xmr straight to an exchange almost immediately. The exchange is cooperating with me and I know all their deposit addresses. Each deposit address has a client id.

How it looks: there's one transaction with my output. It could be generated by you, or by someone else using it as one of 6 mixins. I see that it went to an exchange account #423. I do nothing.

I wait a week and buy drugs from you again. I again see that the monero I sent to you went to an exchange account #423. The probability that it happened randomly as a result of mixing inclusion is very low, so it's enough for me to get a warrant and get your full data from the exchange.

Scenario 2:
You're a bit smarter criminal and instead of selling directly, first send received monero into another address. Then you wait two days and send from that address to an exchange.
There are 8 possible ways my original payment could have went, if it was spent at all. I note that one payment went on a second hop into an exchange account #568.

I buy again, and again, I note that on a second hop one payment went to an exchange account #568. However as you used an indirect transaction I decide to wait for third confirmation.

I get it on third buy. I get a warrant etc and you get caught.

Monero is worthless for anonymity when you want to hide the destination from LEO who sent you money. Absolutely worthless.
It only sort-of works when you want to hide from the _receiver_ (eg. exchange) where you got xmr.

[Anonymous No.11007745]

>>11007685
Yep, Monero is better than DASH (fancy coinjoin) but not that much better.

Why use Monero when you have working alternatives working right now, where you can hide among a giant anonymity set?

Zcoin Zcash PIVX ... the list goes on and on.

[Anonymous No.11007759]

>>11007685
You’re first premise is predicated on using a kyc exchange to turn to btc? Why?
Secondly You don’t need to churn to a new address. Sending to yourself is the same as sending to a new address from an analysis standpoint.

[Anonymous No.11007770]

>>11007745
Zcash is much better.

[Anonymous No.11007783]

>>11007685
...your whole premise is that if they're monitoring your exchange address they'll see your deposit? I'm not sure I follow here. Isn't that a sort of "no shit" thing?

[Anonymous No.11007799]

>>11007685

you seem smart, can you tell me which coins to buy kind sir?

[Anonymous No.11007841]

>>11007759
>You’re first premise is predicated on using a kyc exchange to turn to btc? Why?
You don't need kyc, ip addresses + browser fingerprinting are enough. Does shapeshift even work through tor today? I don't think so, but I'm not sure.
In any case, anonymous exchanges are getting killed as shapeshift is going to add kyc.
>Sending to yourself is the same as sending to a new address from an analysis standpoint.
That's literally the same, stealth addresses are a way to generate new addresses
>>11007770
Zcash has transparent and shielded addresses. Transparent are transparent as name implies
>>11007783
They're not monitoring your exchange addresses in particular, but all monero deposit addresses to connect repeated deposits to same exchange accounts.
>>11007799
if you want anonymity zcash's shielded transactions are the best choice.
>kind sir?
I guess this could be sarcasm

[Anonymous No.11007855]

>>11007841
Isn't this solved easily with tor browser?

[Anonymous No.11007875]

>>11007855
The fingerprint part yes. Did you try selling xmr through shapeshift using tor? I know that combination is extremely likely to make exchanges lock your account and demand kyc

[Anonymous No.11007887]

>>11007875
You can tunnel through a server at the end and just use any random non KYC exchange

[Anonymous No.11007915]

>>11007685

Kek

I fully understand your point Anon, but have to disagree with you about the way you see Monero's privacy lacking.
Most criminals who deal about the internet are smart (not Silk road owner ofc). So your telling us the police would speculate on a certain amount in Deposits to catch the thief? Lol that's nonsense because in upside market trends there are thousands and thousands of tx's every day. How could you differentiate one tx from another ?

The good thing is that police officers or most of the detectives in Internet crime are often on the same level of dumbness than the thiefs who get caught the way you explain it . Kek.
Monero is like cash. You can also buy/sell IRL without anyone noticing.

[Anonymous No.11007978]

>>11006464
Same generation as :
> Btc
> Eth
> Bch

If you don't have make it now, you will never make it, Anon.

You have to upgrade to one with DAG or die,

[Anonymous No.11007986]

>>11007887
well ok you can still be anonymous even with bitcoin. The point is an anonymous cryptocurrency should be anonymous by itself and not require combinations like these.
You don't need tor with shielded zcash transactions. The only thing to remember when used as a mixer is that amounts that are visible externally (to and from and shielded part) are information itself. Sending 153.234 ZEC - fee -> shielded -> 153.234 ZEC - fee*2 can be linked because of amount, so withdrawal should be divided into more transactions.
If all commerce was happening inside the shielded part that wouldn't be necessary.
>>11007915
>So your telling us the police would speculate on a certain amount in Deposits to catch the thief?
Not amount, output utxo. Trying to detect based on amounts is possible - always possible in fact - but not necessary and easier to hide just by changing the amount slightly.

Look at the image, it seems safe when you try to go backwards from Z to the beginning. But if you want to go from A to Z, it's trivial if you have several known inputs like A owned by one person - they all have the same exchange account in their graph as fake destinations are very unlikely to repeat.

[Anonymous No.11007987]

>>11007978
These 3 along with XMR are the only cryptos I see not going to zero within the next decade or so

[Anonymous No.11007992]

>>11006464
>Tfw you have bought every dip and sold every top in xmr
Feels good man

[Anonymous No.11007995]

>>11007841
Local monero. Shapeshift is not trustworthy. I would go out on a limb and say most people that have monero at the very least use a vpn and possibly tor

[Anonymous No.11008014]

>>11007986
XMR is superior to ZEC

[Anonymous No.11008017]

>>11007841
Zcash depend on trusted hardware, desu.

[Anonymous No.11008024]

>>11008017
no it doesn't, you got it confused with 'trusted setup'
there were several people who cogenerated the proving key and if they all cooperated they can print infinite zcash, but that's it

[Anonymous No.11008041]

>>11008024

But fees aren't pretty high ?

[Anonymous No.11008058]

>>11008041
No fees are below one cent
0.0001 ZEC
I think you got it confused with cost of generating a transaction. Currently you need 3GB of ram for that which makes it impossible to have shielded transactions on smartphones.
Fortunately that's going to be fixed in the next hard fork

[Anonymous No.11008073]

>>11008017
>Dero

[Anonymous No.11008083]

>>11008058
Thnks Anon, did Zcash have any plan about scalability ?

[Anonymous No.11008092]

>>11008083
zcash has more tps than bitcoin
2mb blocks with 2.5 minute block time

[Anonymous No.11008106]

>>11008073

> he still think Dero is a copy pasta.
I wonder who recently announced to look after BlockDAG.

[Anonymous No.11008141]

>>11008106
Nobody cares about your shitcoin.
shoo pajeet
shoo

[Anonymous No.11008186]

>>11008141

FPGA : 22kh/s CNv7

[Anonymous No.11008257]

>>11008186
I've made a quick Dero research, and that's what I've found:

- Massive 10% premine. Unidentified single dev lied about it being locked. He alone controls everything, and can dump anytime.
- Never released code of changes made during some months, and released just the compiled binaries (aka closed source shit). There's a lack of move
- Implemented unaudited bulletproofs before the external reviews were finished
- Very few activity in Githib, and a gap from April to July without any commits (the period which it was closed source)
- ASIC mined CryptoNight v1 shit (like Electroneum and Sumo)
- 99% of network hash rate is at one single pool (miner.rocks)

GTFO with your pajeet coin. This shit is dead.

[Anonymous No.11008282]

>>11008257

Wow, did you read this on a private monero cucks chat ?

ASIC is futile no one want lost dev time to doing R&D about a new PoW ASIC-Resistant, even Eth dropped the idea about ProgPoW.

Only XMR team are still to dumb to figure out that with FPGA it will took only 3 day to update. any PoW hard-fork.

[Anonymous No.11008283]

>>11008058
TRUSTEDSETUP
R
U
S
T
E
D

[Anonymous No.11008291]

[Anonymous No.11008304]

>>11008282
>>11008291
Get the fuck out, pajeets. Nobody will buy your bags with more than 90% loss. There's no space for you here. The coin must be at least decent to be in this thread, not a completely centralized shit.

[Anonymous No.11008318]

>>11008291
I like how one is taking photo of someone's post to make it look more mysterious and trustworthy
100%

[Anonymous No.11008332]

>>11008304
At this point even TRTL or any Monero Fork is better than the original Bytecoin Fork.

[Anonymous No.11008562]

>>11007685
this is wrong, since the police cannot link the input and output of the drug dealer in your example.

[Anonymous No.11008577]

>>11006486
that's an oxymoron

[Anonymous No.11008590]

>>11006486
thanks just bought 100k