/biz/ - Business & Finance

[Anonymous No.12344247]

>glorified address scrambler
>only real world application is for drug dealers, terrorists and other criminals
>they can achieve the same thing with literally any fork
>they can achieve the same thing without even holding xmr and just selling immediately
>will never have institutional or big business money invested in
>when regulations come it will either have to remove its untraceability feature or get delisted and doomed in the deep web forever
>shilled daily by pajeets spamming that ugly thot wearing xmr hat

how many /biz/lets fell for this?

[Anonymous No.12344258]

monero is the only actual private coin today, but people fall into the trap of thinking that monero is going to matter in the future, when everything the future is bringing is making monero and its base-layer security model more and more irrelevant.

[Anonymous No.12344271]

>>12344247
you can also achieve the same levels of privacy with BTC if your opsec isn't shit (and if you're ever needing XMR for anonymity, you better be damn sure you have solid opsec), XMR is totally unnecessary.

[Anonymous No.12344480]

>>12344247

Wow you dont know anything and should fuck off immediately

[Anonymous No.12344492]

>>12344247
>he doesn't own at least 50 XMR

never going to make it

[Anonymous No.12344503]

>>12344247
You mean the coin the bankers don't have full control of? How much are they paying you to fud monero?

[Anonymous No.12344514]

>>12344247
>>when regulations come it will either have to remove its untraceability feature or get delisted

[Anonymous No.12344994]

FBIanon, give up and go arrest some pedos already. We see right through your retarded fud.
>First bitcoin addresses have been banned and their coins are blacklisted meaning anyone who accepts them is also banned. Only a fungible currency stops this.
>Layer two solutions are easy for law enforcement to trace through statistical analysis. Only pure privacy coins offer protection from chain analysis.
We're going to a world where the law can not trace money, just like in the old days. There's nothing you and your pals can do to stop it. The global wealthy are already secretly accumulating. Price target? $100,000+ in 5-10 years.

[Anonymous No.12345166]

>>12344247
Threadly reminder that anybody that talks shit about Monero is a paid operative or just accumulating more.

[Anonymous No.12345191]

>>12344271
>you can also achieve the same levels of privacy with BTC if your opsec isn't shit
t. cop

[Anonymous No.12345219]

>>12344247
>glorified address scrambler
literally and undeniably more than bitcoin
>only real world application is for drug dealers, terrorists and other criminals
how about you prove this retarded fucking meme?

>>12344492
t. owns exactly 50 XMR
i love how these amounts always change arbitrarily, based on how many the poster owns (that poster always makes it)

[Anonymous No.12345228]

>>12345219
Nah I own 51

[Anonymous No.12345238]

>>12344247
t. Narco

Nice try pendejo

[Anonymous No.12345242]

>>12344994
FBI brainlet-posting comedy anon is funny but his act is getting a little stale, I agree. He needs some new material.

[Anonymous No.12345251]

>>12344247
Monero tards are the second most retarded group right after link tards.

[Anonymous No.12345257]

>>12345251
Reminder that BTC and Monero are the only cryptos that are actually being used.

[Anonymous No.12345307]

>>12344247
>privacy is only for drug dealers, terrorists and criminal
Based 1984.

>>12344271
>privacy with a public ledger and non fungible asset

[Anonymous No.12345433]

>>12345251
Heavy lies the crown.

[Anonymous No.12345483]

[Anonymous No.12345495]

what's the deal with all the privacy coin fud lately
like wtf

[Anonymous No.12345498]

>>12344247
Nothing to see here, just another worthless shitcoin
And yea the constant posting of that stupid thot is cringey as fuck

[Anonymous No.12345513]

fuck off op
never getting my 400 XMR stack with your retarded fbi fud
monero is king

[Anonymous No.12345594]

>>12344247
those are funny points. they contradict themselves.

[Anonymous No.12345721]

Fortnite merch shop accepts only one cryptocurrency. I wonder which one.

[Anonymous No.12346868]

I actully don't think I will ever exchange a single xmr back to fiat that I bought under $50.

[Anonymous No.12347116]

>>12344247
>alimony proof
lmfao OP is a cuck

[Anonymous No.12347281]

Not a single deep web shop takes xmr. That's mostly because all deep web shops are honey pots and wouldn't be able to trace back to the buyer. This is not a direct fault of monero though.

[Anonymous No.12347365]

>>12344247
>will never have institutional or big business money invested in

True. Only small ones like Fortnite and it's 100+M users.

[Anonymous No.12347369]

>>12347281
4 of em do check deepdotweb

[Anonymous No.12347388]

>>12344247
>when regulations come it will either have to remove its untraceability feature or get delisted
hahahaha ok so the it will get "delisted" because governments will all ban it? short term it could make the price be undetermined but long term it will send a signal that will secure it as #1 if it weren't 51% attacked. there is a reason govts havent done that yet. they know it admits defeat. they'd rather it die out on its own. they cannot deal with it. if they ban it they will expose this fact and make people truly understand and believe it. there are more countries than just the USA

[Anonymous No.12347405]

>>12344247
>>they can achieve the same thing without even holding xmr and just selling immediately
this the most relevant thing

the price of XMR doesn't need to pump for it to be used. there's no incentive to buy and hold. therefore I don't care.

[Anonymous No.12347458]

>>12344271
>you can also achieve the same levels of privacy with BTC if your opsec isn't shit

Plenty of motherfuckers are in prison right now who thought that.

[Anonymous No.12347488]

>>12344994
You are a shill and probably a faggot as well, but I and the unknown amount of XMR that I may or may not hold want to believe.

[Anonymous No.12347648]

>>12347488
where/how do i get a gf like this?

[Anonymous No.12347837]

It's good for the crypto casinos I gamble on. I gives me something to focus on as a hobby(mining) and I use it to transfer funds between exchanges. And once I accumulate more I'll start using the dozen or more online retailers providing legal goods. Out of the dozen coins I've been shilled into this one is the best one I've used, mined and accumulated.
Tl; Dr XMR isn't for everyone, but it works well for those who do use it.

[Anonymous No.12347846]

>>12344247
> He holds XMR.
> He doesn´t hold millions of SAFEX instead.

[Anonymous No.12347866]

>>12347405
it's like oil. the scarcity will cause increase in volatility eventually.

[Anonymous No.12347918]

>>12344258
The NSA is unable to crack Cryponight pow.

Monero is the only untraceable coin to exist.

[Anonymous No.12347923]

>>12347918
the problem is that, you only need to use it when you need to use it.

[Anonymous No.12347949]

>>12347923
Don't forget the fact that mining doesn't require special hardware and payment is accept by many services.

Holding 60xmr. I will check in on it after 2020.

[Anonymous No.12347957]

>>12347866
What scarcity? XMR has unlimited inflation.

[Anonymous No.12347959]

>>12347957
if use > inflation, then there will be a scarcity.

[Anonymous No.12347963]

>>12347866
>>12347923
Tether destroyed crypto market volatility. Too much liquity and people keep pulling money out the market instantly with bots.

[Anonymous No.12347974]

>>12347963
wrong, tether increased the volatility in the market. there is more potential amount of dollars that can be pooled into crypto.

[Anonymous No.12347994]

>>12347957
>xmr unlimited inflation
>holds eth
It is almost as if some reward will be required for the chain to function properly via tail chain emissions after being mined.

Also the "inflation" rate is less then a fraction of market volume.

[Anonymous No.12348015]

>>12347957
Monero has a limited supply! Or can you proof that time is unlimited in this universe? No?

[Anonymous No.12348031]

I'm getting divorced in 2 months.
I bought 2 apartments before I married the succubus, she wants one.

If I sell the apartments, send the FIAT to Kraken via Sepa transfer and buy XMR she could basically go fuck herself?

[Anonymous No.12348042]

>>12347648
I wish I knew, anon. But whoever had the idea of putring the head of an Asian woman on the body of a T H I C C white woman deserves a goddamned Nobel prize.

[Anonymous No.12348057]

>>12348031
I would do that. Please report back how things went.

[Anonymous No.12348060]

>>12348031
Here is what you do:
Get XMR via Kraken
Send to address, Kraken will retain that address
Send from that address to another address only you know about
When asked, show Kraken linked address and say you got hacked

[Anonymous No.12348063]

>>12348031
You will eventually have to file taxes or move overseas.

[Anonymous No.12348073]

>>12347994
It doesn't matter. Crypto will be dead before any inflation is necessary to keep the network going. What matters is the perception. People don't want to buy and hold Monero when they think the supply will go up forever.

The price of Monero doesn't need to pump for it to be useful. I can get all the fungibility and privacy benefits of Monero by buying/selling it for {insert store of value coin, or fiat} and only actually holding Monero for a nanosecond on the exchange. Since no one actually uses crypto for transactions, this will rarely be necessary anyway, making Monero extremely useless.

[Anonymous No.12348077]

>>12348060
I was thinking to just say i lost the private key.

>>12348063
No problem

[Anonymous No.12348087]

>>12348063
Extra super bonus: XMR is going to be worth ~1000 each by EOY, so you can buy other women

[Anonymous No.12348097]

>>12348073
But it doesn't. There is a limited supply except for the end tail emissions. ETH has a heavier tail emission then xmr.

[Anonymous No.12348102]

>>12348031
>1. Sell apartments for fiat.
>2. Buy XMR with fiat.
>3. Trade for Bitcoin.
>4. Hold Bitcoin because it actually has a chance to go up.

You will still have to pay taxes and come up with some story to the judge for where the money went. "I gambled online with crypto and lost all my money," might work.

[Anonymous No.12348110]

>>12348073
I pay for cellphones, porn site, and online services using crypto. It is super easy and safe.

[Anonymous No.12348114]

>>12348073
wrong
if you want to spend crypto without people knowing your acct balance, you need XMR
XMR will become the venmo of the 1%
Let me use the yacht for a week for 100k? Sure but fuck USD I don't want the tax BS, just send me 100XMR

[Anonymous No.12348122]

>>12348102
Here in New Jersey that is a legit argument since gambling online is legal.

[Anonymous No.12348127]

>>12348077
Dumb move, that way you have no plausible deniability
If you can show the address with the funds is empty, you have a leg to stand on

[Anonymous No.12348135]

>>12348031
It will be very easy for her attorney to prove that you are trying to conceal assets. Before crypto people would convert the proceeds of the apartment into bill notes and buried the briefcase in the desert. They’d still know the money was out there somewhere and just garnish your wages or put you in prison.

[Anonymous No.12348153]

>>12348135
However he bought the Appartments before the mariage. So how this is legal that she gets one?

[Anonymous No.12348160]

>>12348102
*edit to this plan to prevent you from getting fucked by Kraken etc.:

>1. Sell apartments for fiat.
>2. Buy XMR with fiat from KYC exchange.
>3. Withdraw XMR to your own wallet.
>4. Deposit XMR in chink non-KYC exchange.
>5. Trade for Bitcoin there.
>6. Hold Bitcoin because it actually has a chance to go up.

[Anonymous No.12348175]

>>12348135
Dammit, what ever happened to innocent until proven gulity?
Don't get married, the gays have it made.

[Anonymous No.12348190]

>>12344247
i didnt fall for monero or chainink

>>12348153
because thats actually how it works

[Anonymous No.12348241]

>>12348135
Also I’d advise against making your divorce a contentious one which would send billable hours and legal costs sky high for both parties. Don’t cut off your nose to spite the face.

[Anonymous No.12348262]

>>12348241
this. just give the apartment and hide the juicer stuff. if not, then you deserve to be poor.

[Anonymous No.12348629]

>>12347957
>controlled inflation rate
>supply will reach 21 million only after 2040
>"What scarcity?"

[Anonymous No.12348842]

>>12348190
>because thats actually how it works
Not in germany.

[Anonymous No.12348852]

>>12344994
>We're going to a world where the law can not trace money, just like in the old days
Oh yeah? You're going to be sending monero transactions from your own private unregulated ISP, are you? Machine learning algorithms are going to wreck you faggots.

[Anonymous No.12348868]

>>12344247
i-i fell for this

[Anonymous No.12348877]

>>12348852
Whats your point? Everyone is free to use remote nodes with monero:
https://node.pwned.systems/

[Anonymous No.12348884]

>>12348852
go ahead and 1984 it up more.

[Anonymous No.12349099]

>>12345495
They're afraid

[Anonymous No.12349305]

>>12348629
That guy is terminally retarded. All he has to do is look at the fucking price history of Monero to see that it's going to go up. Even if it stays pegged to Bitcoin in the .01-.03 range it's still a pretty safe hold versus Bitcoin, especially if you were to buy right now.

[Anonymous No.12349345]

>>12349305
Also it's a very low tail emission rate. The number of coins emitted a year will probably be way lower than the coins lost yearly per accident.

[Anonymous No.12349402]

>>12349345
Exactly. You can't really take these Monero doubters seriously because their arguments generally don't even make sense. I'm convinced beyond a doubt that a good portion of the negative posts on this board directed at Monero are from devs of other coins or perhaps LE at the very beginnings of a psychological campaign against what Monero stands for.

[Anonymous No.12349457]

>>12344247
You can buy v bux with it now XDDDDDDD

[Anonymous No.12350567]

>Page 10
Not so fast.

[Anonymous No.12350647]

>>12344247

Monero is a good currency, but it's much more expensive to manage for miners and such. My hopes are on the 2nd layer fungibility features LTC and BTC are building currently.

[Anonymous No.12350665]

>>12348031

So sell the apartment for BTC directly.

[Anonymous No.12350679]

>>12348852

Hahaha do you even know how a neural network operates? It's an algorithm that does very specialized runs of trail and error. It might be great at learning patterns, but the whole point of encryption is to obfuscate any and all recognizable patterns.

Basically you commies are fucked, because you'd have to shut down literally ALL communication AND the entire internet to stop crypto. And that would destroy your economy in favor of nations that don't do this, making you vulnerable to invasions.

You haven't just lost, you're already dead.

[Anonymous No.12350681]

>>12350647
2nd layer isn't better than on chain.

[Anonymous No.12350741]

>>12350681

It kinda is, since the transactions themselves are already safe. Monero's ring transactions are very good, but similar things can be achieved with less computing power.

Basically a bunch of transactions will be merged into one big transaction, which will be sent to other transactions, which will then divide back until the original intended amounts are at their destinations. There is no 1=1 comparison to make and no way to accurately say who sent what where as the transactional data won't be kept. That's roughly the gist of it.

Since the number of possible addresses generated is so large, there is just no cost-effective way to trace all these addresses when crypto really takes off. Already it costs tremendous amounts of money to research terror groups that use crypto, and the security features are only going to improve.

[Anonymous No.12350915]

>>12348031
Should have bought 2 houses, so you could burn them both to the ground right after you cancel your homeowner's insurance, thus ensuring she gets nothing.

[Anonymous No.12350964]

>>12349305

this.

the high IQ's only hold BTC + XMR and use XMR to accumulate more bitcoins

[Anonymous No.12352121]

>>12348073
>The price of Monero doesn't need to pump for it to be useful.

It will be more useful after a pump.
>higher security (more valuable block reward)
>more liquidity
>larger anonymity set
>larger market cap, room for big players

Also
>insert store of value coin
You don't want to store your value in full public view. You guys that make these divisions between "privacy coin", " store of value", "payment coin" are really low iq. Each of those features support each other and are critical to have in money.

[Anonymous No.12352648]

>>12352121
I agree and people that think Monero is just a "feature coin" that becomes obsolete because second layer privacy may get introduced to Bitcoin or Ethereum at some nebulous point in the future are seriously selling Monero's development community short.
>>12350964
Word.
>>12350741
There isn't one working example of a trustless second layer solution that I'm aware of so until it exists with sufficient adoption I will remain skeptical. Honestly the idea that the entire crypto universe needs to revolve around either BTC or ETH is kind of flawed and we can look at the Bitcoin community's outwardly visible dislike of Ethereum in its infancy to realize that not too long ago Ethereum was regarded with this same degree of skepticism. Monero may very well grow to be large enough to develop its own ecosystem where the base chain isn't something that people have to actively avoid using.

[Anonymous No.12352695]

Ill bite. If I'm going to wash my trades ill use some so I hold a few hundred worths. I completely accept that the money is gone and this is just my price to be able to use its service.

[Anonymous No.12352700]

I dont even hold any monero, however these threads always have decent debate and info so I pop in

[Anonymous No.12352741]

i dont use or own monero...but doesnt monero having a practical usage that normies can understand unlike "smart contracts" and etc make it the next most likely crypto currency to boom? the future of companies is based on which one provides the best user privacy...and this coin seems to tailor well to that market

[Anonymous No.12352807]

>>12352695
>I completely accept that the money is gone and this is just my price to be able to use its service.
What do you mean the money is gone?
>>12352700
Monero threads are where the High IQ bizraelis hang out. Welcome.
>>12352741
Yes, Monero's directive is simple enough: be sound money. The issue I would show concern with is that "normies" generally don't care much about privacy. They are willfully getting datamined left and right in their everyday life, so asking for them to care about fungible crypto is a tall order. At least, we're not really there yet but maybe some day we'll start to turn that corner.

[Anonymous No.12352874]

>>12352741
>normies
>understand smart contracts

Choose one.

They can't even understand common crypto currencies like BTC. Try to explain how even PoW mining works for them and you'll see.

[Anonymous No.12353120]

>>12352874
Normies will never get crypto in our lifetimes. Adoption (and scalability) is basically a meme. Prices will still pump due to scarcity and crypto's growth as a store of value. I'm not sold on the rest of DLT, at least publicly traded shitcoins, seeing any real adoption.

[Anonymous No.12353616]

[Anonymous No.12353651]

>>12353616
Dero is far more centralized than Monero, and has a 10% premine.
Also, it was closed source in the past.
So, get out.

[Anonymous No.12353800]

>>12353616
>centralized
>ASIC mined
>premined
>was closed source
>has one (1) dev
>no community
Should I keep going?

[Anonymous No.12353961]

>>12353800
>centralized
Yeah sure wuth a PoW consensus...

>ASIC mined
Higher hashrate means higher TPS retard.

>premined
like every serious project : BTC, ETH, ...

>was closed source
And it isn't anymore. Anyway the emission can be audited anytime even if the source are closed, you knew it if you read the Cryptonote White Paper.

>has one (1) dev
Like Bitcoin in the early days. Anyway you are saying that 1 dev have build more that any crypto team on only 1 year.

>no community
We don't need technical illiterate people that talking only about Lambo and Moon-landing.

[Anonymous No.12353962]

imagine being in 2020 when monero is 10k per coin and thinking to yourself how fucking stupid you were for not buying atleast a couple monero for 50 dollars.

[Anonymous No.12354032]

>>12345257
>doesn't mention LTC

so explain to me how I bought all this silver and gold bullion then?

[Anonymous No.12354033]

>>12353961
It's ASIC mined on the old Cryptonight algorithm nobody of note is still using and last I checked there was essentially one pool. It is what it is.
>Higher hashrate means higher TPS retard.
What? Hashrate has nothing to do with a crypto's transaction throughput. Hashrate is just a measurement of network consensus. You are a fucking idiot.
>like every serious project : BTC, ETH, ...
'no'
>And it isn't anymore. Anyway the emission can be audited anytime even if the source are closed, you knew it if you read the Cryptonote White Paper.
What? I'm not talking about emission rates at all. The binaries for your shitty project were closed source for months. Completely irresponsible and quite retarded if you want to be taken seriously in the crypto community.
>Like Bitcoin in the early days.
Please do not even draw comparisons to bitcoin here. lmao
>We don't need technical illiterate people that talking only about Lambo and Moon-landing.
Yeah because that's what I've been talking about in this thread. Don't @ me Derojeet.

[Anonymous No.12354161]

>>12353961
Are you fucking seriously comparing this shit to BTC/LTC/ETH?

Sometimes I test tools (daemons, CLI and GUI wallets) of some projects in my virtual machine. I've tested many of them by downloading the source, compiling by myself and running (not only CryptoNote ones, but many others, like BTC/LTC/ETH forks). I've already tried this with Dero, and it, along with SUMO (another CryptoNote scam), were the only ones I had troubles by running the binaries compiled by me. This thing just doesn't run properly if you don't use the compiled binaries he provides.
Then I've appealed and used the binaries the dev puts in the repository.
When I ran the daemon, it showed a message telling to sync to a NTP server in order to run.

This is a complete joke, I've never seen something like this with a cryptocurrency. Why it needs to be sync to a NTP server to run a daemon? What kind of consensus is this that you depend on a external NTP server to sync your clock? It's completely ridiculous. It's not possible to say it's decentralized.

After that I made some deeper research, and found that the developer (nobody knows his identity) closed the source code in early 2018 to make a complete code rebase (released with the name "Atlantis"). During the proccess (which lasted some months), he didn't released ANY fucking code, just compiled the binaries by himself and told people to run (many times, without the possibility of seeing the code and compiling it by yourself) in the mainnet. After reading about this, I've abandoned it and never tried to use this thing again (and will not anymore).

I wouldn't touch this thing even with a 30ft pole.

[Anonymous No.12354162]

>>12353961
fuck off. your desperation is incredibly sad - just get a goddamn job if you need a few dollars that much you fucking loser

[Anonymous No.12354193]

>>12354033
> was essentially one pool.
pic related.

> Hashrate has nothing to do with a crypto's transaction throughput.
Really ? Go back to middle school dude. If you speed up the check at the entrance, you don't have any lesser TX pool queue ?

> 'no'
BTC was solo mined by satoshi, ETH : 15-17% premined

> I'm not talking about emission rates at all.
You can't secret mining in the latest version of Cryptonote, read the WP.

> Please do not even draw comparisons to bitcoin here. lmao
Even Szabo who is behind the original WP about SC said Dero have nice ideas.

[Anonymous No.12354196]

zcoin>>>shitnero

[Anonymous No.12354237]

>>12354196
>"10% of the total Zcoin supply will be distributed to the Founders Reward as time passes."
Nope.

[Anonymous No.12354246]

>>12354161
You look like a web dev zoomer, if you don't have any source code you are in panic mode. Grew up a little and use a debugger.

[Anonymous No.12354280]

>>12354193
Szabo said BlockDAG was interesting. Don't let it go to your head. Hashrate, once again, is a measurement of network security, not transaction throughput. Also I haven't been keeping track of Dero's pool distribution because I don't give a fuck. Congrats on it not being completely dominated by one pool anymore, I guess.

[Anonymous No.12354284]

>>12354237

Nothing wrong with founder's rewards

[Anonymous No.12354300]

>>12354161
>he didn't released ANY fucking code, just compiled the binaries by himself and told people to run (many times, without the possibility of seeing the code and compiling it by yourself) in the mainnet.
Exactly. Completely unheard of in cryptosphere to just tell people to trust your binaries.
>>12354284
Founders tax is disgusting.

[Anonymous No.12354312]

>>12354300
>Founders tax is disgusting.

How do you expect devs to be paid?

[Anonymous No.12354324]

>>12344247
>only real world application is for drug dealers, terrorists and other criminals
Literally more real world applications than any other coin.

[Anonymous No.12354326]

>>12354312
Why the fuck should devs get paid automatically for an open source project?

[Anonymous No.12354531]

>>12354246
>don't know how extremly important and mandatory is for a crypto currency to be open source (even more if is a privacy foccused one)

[Anonymous No.12354540]

>>12354284
>nothing wrong with devs obligatorily earning 10% of all what is mined

hmmmm....

[Anonymous No.12354558]

>>12354280
> Szabo said BlockDAG was interesting.
pic related, again.

> Hashrate, once again, is a measurement of network security, not transaction throughput. Also I haven't been keeping track of Dero's pool distribution because I don't give a fuck. Congrats on it not being completely dominated by one pool anymore, I guess.
In case of Dero it matter, if you did your homework carefully. Dero-DAG consensus based on BlockDAG paradigm accept every blocks. (Blocks are reordered further in the protocol even double spend are allowed until the blocks are tagged like a side-blocks by the dero protocol)

>>12354312
> Everything should be free.
See no one care about devs being paid, it's like with the gaming industry no one want paid devs even the indy studio...

[Anonymous No.12354579]

>>12354531
>>12354540
>arguing with a shill
anon... take your aspie meds

[Anonymous No.12354633]

>>12353962
>imagine being in 2020 when monero is 10k per coin and thinking to yourself how fucking stupid you were for not buying atleast a couple monero for 50 dollars.

Yes, because things that happened in the past are gonna repeate, isn't it anon? Life is predictable... you're shitcoin that can easly be replaced by other projects is going to 10k in two years.. sure, lol... people who burned in 2017 are going to put again their life saving into bitcoin..
Normies are retarded but not so retrded... once you fuck them they became souspicious, and never came back

MTGOX fucked nerds and early adopters. Thr 2017 crash instead fucked normies

[Anonymous No.12354649]

>>12354558
>even double spend are allowed
Dero is scamers heaven.

[Anonymous No.12354688]

Was thinking about selling that Anneliese Stenzel girls nudes on /biz for some Monero but decided otherwise. If anyone is still searching for her, her new instagram is sickfuck98

[Anonymous No.12354869]

>>12354633
>monero was 10k
>normies got burned on monero
>mtgox users left crypto forever, didn't just become people that hold their own keys

[Anonymous No.12354874]

>>12354649
> average poster on /biz/.
Not even knowing how a blockchain works.

[Anonymous No.12354901]

>>12354874
Dero isn't a blockchain.
>doesn't even know his own coin

[Anonymous No.12354945]

>>12354901
Once blocks are ordered it's like a classic blockchain.

[Anonymous No.12355047]

>>12354649
>>12354649
>>even double spend are allowed
>Dero is scamers heaven.
Can someone explain why are double-spend possible with Dero? I am a brainlet

[Anonymous No.12355241]

>>12354945
>Once blocks are ordered it's like a classic blockchain.
So you cannot claim the fast block time as a fast confirmation, but you do. Thats why you are a shill.

[Anonymous No.12355369]

>>12355047
>>>even double spend are allowed
>>Dero is scamers heaven.
Can someone explain why are double-spend possible with Dero? I am a brainlet

[Anonymous No.12355492]

>>12355241
The fast blocktime and fast confirmation are nothing to do with the ordering part.

The BlockDAG remove the 51% attack, free faster the pool queue (blocks are checked asynchronously and accepted so no orphan are created) and once the blocs past through 10 nodes with the same rules (10 confirmations), the block order is final and transaction settled.

At the end once every block has their order, it's like a classic blockchain (pic related : with blocks 1,2,3,4,5,6,7

[Anonymous No.12355516]

all the dero fudders ITT.
pic related. get fucked

[Anonymous No.12355520]

>>12355516
shit wrong pic. here

[Anonymous No.12355525]

>>12354161
you're just a retard. how hard is it to do
"go get github.com/deroproject/derosuite/..."

thats literally all you need to compile.

[Anonymous No.12355572]

just found this on the dero discord

i knew dero was good but i didn't know how good until i saw this chart

how does this thing even get fud anymore? they've delivered on every promise and even more

[Anonymous No.12355833]

>>12355492
>The fast blocktime and fast confirmation are nothing to do with the ordering part.
>The BlockDAG remove the 51% attack, free faster the pool queue (blocks are checked asynchronously and accepted so no orphan are created) and once the blocs past through 10 nodes with the same rules (10 confirmations), the block order is final and transaction settled.
>At the end once every block has their order, it's like a classic blockchain (pic related : with blocks 1,2,3,4,5,6,7

why does this process eliminate the 51% attack? why the fact that blocks are checked asynchronously remove the 51& attack?

[Anonymous No.12356770]

>>12347488
>trying to find out who this brap hog is
>reverse image search on google
>google auto searches for "milk"

Google has confirmed that the Milk truck has arrived boys.

[Anonymous No.12357006]

>>12344271
>needing opsec vs sending to yourself with $0.02 fees and the shortest, most efficient blocktime ever (1)

(1) (talking about actual blockchains here)

[Anonymous No.12357036]

>>12344247
Oh look, the deep state is still fudding monero. I wonder why... Oh yeah, because bitcoin is their puppet now.

[Anonymous No.12357049]

>>12350679
Based. Commie cucks and big bank boot lickers under suicide watch

[Anonymous No.12357079]

so youre saying its good if you want to dodge the feds.

i also assume you aint paying taxes on t either.

seems like an e-tax haven
and an easy way to wash money.

i wouldnt be suprised if govenment agencies use this and causing big spikes in price.

[Anonymous No.12357118]

>>12344247
You're right, fluffy is pushing his shit hard but not smart enough to compete with DERO development and will lose to DERO within a year. Nick Szabo is contributing to DERO Smart Contract development, can't beat this.

[Anonymous No.12358028]

>>12357118
>will lose to a centralized shitty project that you must be sync to a NTP server to work and was closed source before

Yeah, right...

[Anonymous No.12358057]

>>12355525
You're a brainlet, because you don't understand that the binaries created are different from the ones pre compuled by the dev.

[Anonymous No.12358088]

>>12344247
>glorified address scrambler
cool, you know nothing about ring sigs and protocol-level privacy
>only real world application is for drug dealers, terrorists and other criminals
value attracts crime, not the other way around, i.e. most crime is done in US dollars because it has the largest acceptance and value
>they can achieve the same thing with literally any fork
no, all cryptonote forks are too cheap to compromise; they lack hashing power
>they can achieve the same thing without even holding xmr and just selling immediately
what the fuck does this even mean, rajesh?
>will never have institutional or big business money invested in
lol, yes that's why statis and grayscale own a huge chunk -- WEAK FUD
>when regulations come it will either have to remove its untraceability feature or get delisted and doomed in the deep web forever
oh sure, prohibition is foolproof... fucking kek
>shilled daily by pajeets spamming that ugly thot wearing xmr hat
this is the only point i'll give you, that stupid thot wearing the hat sucks.
none of that matters though, OP is a faggot and his coin will never do pic related

[Anonymous No.12358098]

>>12358088
dubs of truth.
also pic related, free taxpayer audit incoming :)

[Anonymous No.12358099]

Look at this, I'm talking seriously, it's a complete joke.

[Anonymous No.12358146]

>>12358099
don't even bother with the dero shills, none of them can speak technically. let them invest in an illiquid scam coin and the inevitable rush for the door will squeeze it back to a penny.

[Anonymous No.12358149]

>>12358057
>the binaries created are different from the ones pre compuled by the dev.

Not even knowing what is a consensus and you dare to speak ? Every node must have the same code/protocol (binaries) to work with the same blockchain if a node has a different one, it's tagged like corrupted and discarded by the network.

Sorry Anon, but you are definitely a retard.

[Anonymous No.12358215]

>>12358099
Explain how to sync parallel computing without time.

[Anonymous No.12358360]

Monero could easily shoot up to 1000. You’re retarded to not buy a small bag of 100. Buy some gold too as a hedge if you’re scared.

[Anonymous No.12358446]

>>12358215
This is ridiculous. Kys dero low.

[Anonymous No.12359150]

>be OP
>shit out this thread next to my turd on Pajeet Street
>stick around for zero (0) discussion, just made the thread so I can collect my rupees from the shill group
>thread ends up completely backfiring as people just end up getting educated as to why Monero is so g reat
I fucking love this thread and will bump it until it autosages.

[Anonymous No.12359193]

MONERO IS THE ONE AND ONLY

[Anonymous No.12359701]

>>12345307

[Anonymous No.12360856]

>>12359701
/comfy/

[Anonymous No.12361125]

>>12358446
Monero's usability is?
Dero's is potentially limitless.
stfu gtfo dumb scum

[Anonymous No.12361172]

>>12358146
>says a technologically illiterate piece of shit

[Anonymous No.12361329]

>>12361125
>Monero's usability is?
Cash-like, fungible crypto with a strong ethos of decentralization and openness.
>>12361172
>can't refute the issues
>ad hominem
You guys are so easy.

[Anonymous No.12361347]

>>12361125
>Monero's usability is?
its one of two actually used crypto's, im sure you can figure it out yourself
jesus christ /biz/ is absolute garbage

[Anonymous No.12361665]

>>12354161
Based anon. What are your views on TurtleCoin?

[Anonymous No.12361804]

>>12344258
Except that the dev team "harden" Monero every 6 months. Go on their website there's a long list of improvements coming out and they're usually pretty good at hitting their metrics.

[Anonymous No.12361820]

Fuck Monero don't buy it its a total shitcoin ok im out niggers

[Anonymous No.12361837]

>>12354649
>being this retarded
>>12355369
https://eprint.iacr.org/2018/104.pdf
to get an idea what Dero is like

[Anonymous No.12362100]

>>12348031
>I bought 2 apartments before I married the succubus, she wants one.
The worst thing about all of this is that we live in a society where a judge could go and give her one of your apartments and it would be lawful. How insane is this? Why are we not changing these laws?

[Anonymous No.12362290]

>>12349402
There's no doubt (((they))) don't want people using Monero.

[Fatjenny No.12362324]

Nerva is the best thing to come out of Monero. Cpu only mining. Privacy. No pools.

Get it on tradeogre

[Anonymous No.12362442]

>>12345251
funny, xmr is my second biggest holding. right after... you guessed it

[Anonymous No.12362453]

>>12362324
Why?

[Anonymous No.12362473]

>>12361329
Monero devs are filthy rich and too retarded now to pop out anything but a turd as an update.

- There is no scalability possible
- There are no SC possible
- There is no P2P traffic security, everything is in plain text for NSA to record.
- It does not offer anything unique not already offered by a shitload of other privacy coins.

Basically Monero is old dry mamont turd from the past, it will be worthless soon.

[Anonymous No.12362485]

>>12348031
Dude yes do that. Post a follow up thread on 4chin after that.

[Anonymous No.12362493]

>>12362473
DERO offers unique features and cannot be forked keeping this as a permanent competitive advantage.

[Anonymous No.12362506]

Why is it that the super rich love privacy so much???

[Anonymous No.12362515]

>>12362473
>There is no scalability possible
Monero's blocksize is unlimited. It actually scales quite well at the protocol level.
>There are no SC possible
Smart contracts have never been a goal of Monero. Monero is just a currency. Smart contracts are difficult to implement on a network where fungibility is the top priority.
>everything is in plain text for NSA to record.
Monero's job isn't to obfuscate IP activity. End users concerned about IP fingerprints probably have good enough op-sec to take matters into their own hands.
>It does not offer anything unique not already offered by a shitload of other privacy coins.
It's irrefutably the best of the bunch and widely respected among cryptographers and developers alike for its uncompromising commitment to quality above all else. It's one of the most successful FOSS projects in the entire world, let alone in crypto. Your claims otherwise are peak delusion.

[Anonymous No.12362618]

>>12362493
Dero unique features over monero:
>10% premine owned by one single unknown dev (half of it unlocked right now)
>was closed source in the past (legitimacy of the networks's integrity gone forever)
>one single dev controls and makes everything
>machine must be sync to a NTP server for the daemon to work (rlmfao)

[Anonymous No.12362629]

>>12362618
Forgot one more:
>unknown dev has a license over the code (not full open source)

[Anonymous No.12362637]

>>12362506
There are hundreds of privacy coins, what is special about Monero? Exactly nothing you dimwit.

[Anonymous No.12362640]

>>12362629
>not full open source
For some reason they tout this as a positive. Derojeets are truly subhuman.

[Anonymous No.12362649]

>>12362637
>what is special about Monero?
That's easy. Monero is the best.

[Anonymous No.12362661]

>>12362618
Haha, 60% premine in Erhereum did not stop it, did it? DERO has 5% for devs + 5% for marketing, very modest. Nobody works for free, ask fluffy bhiw he bought $800,000 watch. Monero is mined by a small group with FPGAs, who own over 10% of it's supply. Kek.

[Anonymous No.12362674]

>>12362640
DERO is not open source? The license is what prevents it from being forked by a hundred shitcoins, this is a huge advantage.

[Anonymous No.12362687]

>>12362661
>>12362674
You can't prove who owns how much Monero :^)
Also why shouldn't people be allowed to fork your coin? I already told you in another thread I'm going to fork Dero with 0% premine. I think someone may have already beaten me to it.

[Anonymous No.12362696]

>>12362515
>Monero's job isn't to obfuscate IP activity.
Monerocucks have no idea when using remote nodes all their wallet addresses are recorded against their IP and will be used by correlation context search to strip anonymity.

[Anonymous No.12362721]

>>12362696
Nobody that cared that much about their IP privacy would sync using a remote node. Get real.

[Anonymous No.12362734]

>>12362442
fuck bro me too

[Anonymous No.12362740]

>>12362687
>You can't prove who owns how much Monero :^)
If lead devs cash out a hundred millions you know it was not an inheritance from an uncle, right? :)

>Also why shouldn't people be allowed to fork your coin?
And what entitles these people to steal intellectual property of hard working DERO devs? DERO is not a fork unlike Monero and did not inherit restrictive GPL license, so it is free to protect it's property. Monero being a fork cannot do such thing.

[Anonymous No.12362759]

>>12362721
>Nobody that cared that much about their IP privacy would sync using a remote node. Get real.
Exactly where DERO shines, takes a few minutes for remote nodes wallet sync. Even full node sync takes under 12 hours. Monero chain sync will take from a few days to a week and the number of blocks in DERO and Monero chains is roughly the same!

[Anonymous No.12362824]

>>12362740
>If lead devs cash out a hundred millions you know it was not an inheritance from an uncle, right? :)
Monero is an old-ass project by crypto standards. Anybody still holding a coin from the early days of Monero mining when difficulty was way lower should probably be rightly rewarded for "cashing out" whenever the fuck they want. You have no point here.
>And what entitles these people to steal intellectual property of hard working DERO devs?
The spirit of open source software is that it's FREE and open source. You are creating something in good faith for use by the rest of the world as they see fit, not for your own benefit. This is why your project is a joke. It's amazingly shortsighted to include a restrictive license on a cryptocurrency software project.
>>12362759
Full sync for Monero on an SSD takes about a day, and if you were a casual user then you can remote node sync. A one time inconvenience for using the best cryptocurrency in the world.

[Anonymous No.12362936]

>>12362637
LOL mate you have no clue gtfo you poor fag

[Anonymous No.12362964]

>>12362637
It has the biggest community of all of them, and has a cryptographic experts team working on it.

>>12362661
>Monero is mined by a small group with FPGAs, who own over 10% of it's supply. Kek.
What a lot of shit you said here, holy crap. Supply is really near to the tail emission, and FPGAs are entering the game just now. A bit late for them to have 10% of the supply (differently from Dero, that is being mined by ASICs since the start of it. Few ASIC miners have ~40% of total Dero supply right now).

>>12362674
That license is what makes it completely tied to a single unknown guy developing it. It's one big centralizing factor.

>>12362696
You know that Dero don't hide IPs too, right?
But soon Monero will have Kovri, which will do this job very well.

>>12362759
You're lying here, buddy. The entire 4 yar Monero ledger took exactly 10 hours in my SSD drive last month. Dero took far more time when I've tested it (even being 3 years younger, and I've tested it long time ago, in July. Must be longer now).

[Anonymous No.12363005]

>>12362824
>The spirit of open source software is that it's FREE
Well, no cookie for you, DERO is not free, the opportunity cost for each dev there is over $250,000/year, they are pros, not kids like most others, they are entitled to keep what they developed and earned.

[Anonymous No.12363019]

>>12362824
>You are creating something in good faith for use by the rest of the world as they see fit,
FUCK OFF you commie, or someone may see fit to take your bank account, your house and your wife, I guess it should be FREE for all to take by your logic, dumbass?

[Anonymous No.12363021]

>only real world application is for drug dealers, terrorists and other criminals
Do you know how fucking huge is that market, OP?

[Anonymous No.12363041]

>>12362964
>FPGAs are entering the game just now
You idiot, FPGAs and ASICs have been mining Monero for the last 2 years, look at the huge hashrate drop at algo changes.

[Anonymous No.12363051]

>>12344258
What about Zcash?

[Anonymous No.12363071]

>>12363005
>"they are pros"
>implemented unaudited cryptography before external audits were finished
>can't accomplish deadlines
>contracts in BASIC
>pros

My sides.
You're pathetic.

[Anonymous No.12363087]

>>12363041
That's why they fork each 6 months, brainlet, to maintain ASICs away. Also, no, FPGAs are in the game just in the last year. But too late for them.

[Anonymous No.12363214]

>>12363087
Sure they do... Collude with ASIC manufacturers and FPGA groups. Fluffy has a track record lying to monerocucks.
>>12363071
They fixed issues with Monero bulletproofs that came up in the audit report BEFORE the report was published. This tells you all you need to know about their skill.
Would you really on a school kid auditing your work? Similarly it makes no sense for Dero devs to ask someone of a lesser skill to audit their code.

[Anonymous No.12363216]

>>12350647
>Much more expensive for miners to manage Source? Cause I've stayed in the black mining Monero through the whole crypto bear market. I also check-in on my farm about once a week, for about 15-20 min a day tops. Monthly 4hr maintenance window too, so not really killing me in man hours either.

[Anonymous No.12363655]

>>12363005
>>12363019
What does being FOSS have to do with my bank account? DERO is a shitcoin because it isn't truly open source and it's a centralized scam. Nobody that matters will ever take it seriously. Your attitude that the devs need to be compensated is telling. Monero is fully open source and funded through donations and is doing pretty well for itself.

[Anonymous No.12363777]

>>12363041
Wrong faggot, Monero is completely ASIC resistant now unlike your faggot DERO garbage premined centralized closed source scamcoin

fag

[Anonymous No.12363779]

>>12363655
DERO for the win

[Anonymous No.12363807]

>>12363779
Go back to your chatroom Discord shill

Ugh can't even have one Monero thread on /biz/ without you Dero pajeets throwing up all over it..........

[Anonymous No.12364150]

>>12363807
Dero shills are by the premine.

[Anonymous No.12364174]

>>12363807
Dero shills are paid from the premine.