[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 58 KB, 499x500, 5B86694D-91AE-4A2F-9F3F-EBBE3B595C42.png [View same] [iqdb] [saucenao] [google]
18716062 No.18716062 [Reply] [Original]

>> No.18716092

>>18716062
what does it even do besides privacy?

>> No.18716187

>>18716092
KYS newfag

>> No.18716230

>>18716092
it's used in the real world
unlike, you know, all other altcoins
LOL

>> No.18716238

The obese guy from Monero left the project and it's going down ever since.
Does he live in Africa, is he the reason why there is no food in Africa?
Is he really married to that hot blonde?

>> No.18716249

>>18716062
how does 5k sound to you?

>> No.18716267

>>18716230
>uses of monero
>black market drugs and child porn
very nice usecase you have there pedo

>> No.18716307

>>18716267
In other words it's the new bitcoin

>> No.18716463

>>18716267
KYS newfag

>> No.18716494
File: 198 KB, 550x535, 1578642481259.png [View same] [iqdb] [saucenao] [google]
18716494

>>18716267
yhtgb

>> No.18716509

>>18716062
>future
You answered your own question. Ftx is going to lis xmr futures this year. So yes
>inb4 futures bad
ftx is different

>> No.18716525

>>18716062

the only alt coin i will hold.

think about it this way, if you hold other alt coins (scams) you are literally harming the ecosystem because you know the project will never materialize yet you are putting value into it

my philosophy is i like to only invest in things i want to turn into a reality (aka not scams)

>> No.18716567

>>18716267
>uses of everything else
>none

>> No.18716609

>>18716307

in other words it's the silver to bitcoins gold

>> No.18716885

>>18716609
The financial elite will never transact in a currency that enables any random retard running a "Whale Alert" social media account to broadcast their every move to the world. Either Monero tops Bitcoin or crypto is going nowhere.

>> No.18716953

>>18716885
good point

>> No.18716981

buy suterusu

>> No.18717176

>>18716885
The financial elite will never transact in a currency that's decentralized

>> No.18717186

>>18716062
No.
XMR scale worse than BTC and you can just go in & out if you want to launder the coin.
Not a good store of value.

>> No.18717199

>>18717176
They will only use a private decentralized way.

You think they don't want to hide money?

What you smokin

>> No.18717219

>>18716062
Monero is tied to bitcoin, because of the very few FIAT to Monero gateways.

>> No.18717269

>>18717186
Actually monero scales with the hardware, while bitcoin is caped by design. Do you imply that hardware development will stagnate?

>> No.18717279

>>18716062
No lol

>> No.18717505

>>18716062
This year

>> No.18717537

>>18717186
Xmr scales better than btc
Only a fool would make it an intermediary when its a better asset and store of value

Xmr will kill btc

>> No.18717575

>>18717186
Enjoy $60 fees and "Lightning Network Coming Soon" during the next bull run while the Monero max block size programmatically adjusts in response to transaction volume.
Lol at "BTC is better than XMR because you can trade it for XMR if you need to"

>> No.18717727

>>18717575
No stupid, the point is BTC isn't needed at all.

>> No.18717886

>>18717727
Do you understand that I put "BTC is better than XMR" in quotes because I am mocking that idea?

>> No.18718294

>>18717575

>fantasizing about humongous block sizes
>decentralized

lightning network has been operational for almost 2 years now, do you want the value of your coins protected or not????

xmr is a good alt coin but it's still only an alt coin wake up faggot

>> No.18718317

>>18716187
Okay, that did not answer my question. Are you this retarded?
>Imagine holding an asset with zero knowledge of it.

>> No.18718371

>>18717575
>muh blocksize
2017 called, they want their meme argument back.

>> No.18718385

>>18716092
go back

>> No.18718413
File: 7 KB, 250x242, 1580793319823.jpg [View same] [iqdb] [saucenao] [google]
18718413

>>18716463

>> No.18718449

>>18718294
>>18718371
The creator of lightning network himself said LN is _not_ a silver bullet for scaling, nice cope tho

>> No.18718484

>>18718449

but we never said it was, you're coping because you need BTC to fail or have perceived problems for your alt coins to go up in value

nice cope tho

>> No.18718498

>>18718385
your mom is not ready yet, kid.

>> No.18718695

>>18718484
Where are all the merchants implementing LN? Can I buy something from Newegg with BTC? Believe it or not, buying stuff with bitcoin used to be a thing

>> No.18719108

>>18718294
The word "altcoin" was made up by greedy Bitcoin early adopters who want to see their holdings appreciate without bound, and you've let it muddy your thoughts. Bitcoin does not have a divine right to the #1 market cap by virtue of its name. It doesn't belong to some special category containing only itself, while all other blockchains are in a lesser category called "altcoin". They're all blockchains, and Bitcoin has first mover advantage. That's it.

>big blocks centralized
You fell for this ancient Blockstream meme too? The Raspberry Pi node meme? Non-mining nodes can't modify the blockchain. The reality is that blocks are produced by a handful of mining pools. Small players are unable to compete at mining without joining one of these massive pools. Sure, they can pass around blocks with their consumer hard drives and bandwidth, but without hashpower they have no influence on the decentralization of the chain. The cost of the hashing power required to be a relevant (mining) node will always far outstrip the cost of the memory and networking capacity needed to handle large blocks.