/biz/ - Business & Finance

[Anonymous No.11094058]

>tfw buying the dip
>tfw eth miners are switching to xmr

[Anonymous No.11094089]

>>11094058
Based and Redpilled.

[Anonymous No.11094119]

>>11094089

Why would I touch the crowds favourite privacy coin? I'm going to all in ZEC because the majority are collectively low IQ, therefore bash ZEC out of low IQ emotions and lack of critical thought.

[Anonymous No.11094125]

>>11094119
This, monero is for plebbit 105ers

[Anonymous No.11094127]

it's digal cash because cash isn't traceable. 60% invested in monero. thanks to all contributors!

[Anonymous No.11094136]

>>11094058
>tfw eth miners are switching to xmr
Which is bearish because it means lower miners' profits -> more dumping
It's shocking how many think that higher hashrate is good for the price

[Anonymous No.11094150]

>>11094127
>isnt tracable
https://monerolink.com/

[Anonymous No.11094160]

>>11094125

XMR cultists believe the narrative that opt in privacy is bad, makes me laugh every time. In the end opt in is going to be the only way for mass adoption (AML/KYC) for larger liquidity providers, take Gemini for example and soon to be Coinbase and maybe BAKKT.

[Anonymous No.11094195]

>>11094119
>ZEC

[Anonymous No.11094200]

>>11094160
>opt in isn private fucking scamcoinloser

>>11094150
>outdated

[Anonymous No.11094213]

>>11094160
It's like they don't want people to use their shitty coin.

[Anonymous No.11094233]

>>11094200
>past transactions are tracable and thats no big deal
>ill buy drugs with it today, im sure its audited now, right?
https://www.newsbtc.com/2018/08/02/monero-wallet-bug-sees-altex-exchange-suffer-major-loss/
https://latesthackingnews.com/2018/08/05/monero-wallet-vulnerability-loss-of-1-8-million-to-livecoin-crypto-exchange/

[Anonymous No.11094270]

>>11094136
>being this shortsighted
>muh dumping
>he doesn't know more miners means more exposure and more people wanting the price to go up
the absolute state of biz

[Anonymous No.11094289]

>>11094233
>i dont argue with somone who get paid for it
>boring scamcoiner

[Anonymous No.11094300]

>>11094289
did I ever even mention another coin name? I am only posting links saying xmr is not the privacy solution it should be.

it can get there, but it needs to be audited a fuckofalot more than it is before that happens.

[Anonymous No.11094319]

>>11094119
>I'm going to all in the coin that's been bleeding sats forever
Go for it.
>>11094136
Higher hashrate is better for network security. More people mining it creates buzz with mroe people talking about it which in turn creates a market for more buyers. This is nothing new.
>>11094150
>posting this in 2018
>>11094160
>opt in privacy is bad
But it is. Temporal analysis, shitty trusted setups, etc. Also, mass adoption is a fucking meme. Monero's purpose will be as an anonymous store of value; the Swiss bank of crypto.
>>11094233
Hackers gonna hack. Don't leave your shit on exchanges. But speaking of the exchanges... Livecoin and Altex? AFAIK they never even proved they were hacked, so the published vulnerability may have just been an easy way for them to claim they were conveniently hacked while pocketing a fuckload of their users' Monero. In fact I'd bet on it.

[Anonymous No.11094361]

>>11094319
>its ok it wasn't audited
>its ok funds are stolen
>transactions from a year ago are tracable and thats ok too

there were 2 critical flaws found last month alone, 1 was exploited.
https://hackerone.com/monero/hacktivity

how many crits were exploited in other top 10 coins last month? if monero keeps fucking up over and over and over, don' tyou think its a sign the dev team kinda needs more resources?

[Anonymous No.11094424]

>>11094361
>1 was exploited.
Source? Also, I'm not sure you really understand what Monero is. It's an open source project which is hiding nothing. Its code is out there for the entire world to audit. This includes people developing creative new ways to attack it. Privacy and cybersecurity aren't like a race with a finish line, it's a constantly evolving battle. We're lucky there are people out there doing this shit at all, most of them completely for free. It's the shitty side of the double edged sword of Monero not being a corporate entity.
>transactions from a year ago are tracable and thats ok too
This is the last time I am going to respond to this assertion and this time I'll even spoonfeed you your homework assignment so you never bother posting about it again.
https://getmonero.org/2017/04/19/an-unofficial-response-to-an-empirical-analysis-of-linkability.html
>how many crits were exploited in other top 10 coins last month?
Who gives a shit? Other than Bitcoin, they're all fucking irrelevant.

[Anonymous No.11095147]

No, the ETH mining is still pretty good. It works well even with power saving/quiet settings. CryptoNight is just a mess, you will never be able to get acceptable hashes.

[Anonymous No.11095221]

>>11095147
>XOXOXOXOXOXOXOX

[Anonymous No.11095230]

>>11095147
>CryptoNight is just a mess, you will never be able to get acceptable hashes.
what did he mean by this? all the rx cards hash great per watt, explain yourself pajeet.

[Anonymous No.11095268]

>xmrholders are still ass mad about asic miners dumping their shitcoin

[Anonymous No.11095272]

>hold monero
>put it in colateral
>long on monero with that collateral
i cant go more long on monero i think

how much to make it tho?

[Anonymous No.11095306]

>>11095268
>tfw you are able to buy the second best crypto for a discount.
ty based bitmain

[Anonymous No.11095332]

>>11094119
Why would you go for the favorite most used coin? Hmmm I wonder.

[Anonymous No.11095387]

>>11094058
I’m actually staring to thing FaggotDonkey might pull this off. I’ll learn Esperanto if he does

[Anonymous No.11095441]

>>11094058
Lately I've been gaining a lot of weight, my biggest fear is I become as fat as him

[Anonymous No.11095461]

>>11094058