/XMR/ Monero General

[Anonymous No.19390231]

Sup monero senpai. Feeling comfy?
Our daily transactions were close to 14k yesterday, continuing a very strong week of continued long term growth. In fact, I just read that we had more transactions yesterday than Bitcoin Cash. With continued dark net adoption, we should be pulling ahead of Litecoin and other Bitcoin derivatives within the year.
If you are a noob feel free to ask questions and we'll help you out. It's never too late to become familiar with the most fungible cryptocurrency.

[Anonymous No.19390420]

updated transaction chart

[Anonymous No.19390646]

already have $65 worth of monero, and i was going to buy another 145 before the latest bump. should i wait for a dip? ill prob spend most of it

[Anonymous No.19390887]

>>19390646
You can protect yourself by DCAing. I’ve recently started buying [an unknown amount of monero] every month, and I plan on doing it until x price.

[Anonymous No.19391221]

>>19390887
>>19390646
Where the fuck do you buy it tho?
I don't want to send money through the mail to get it off LocalMonero.

I tried Bisq but it won't run on my computer.

Where can an anon buy XMR?

[Anonymous No.19391265]

>>19391221
im using kraken. if you really value privacy then you should just buy it with cash through the mail.

[anonymous No.19391289]

>>19391221
You can purchase xmr directly from kraken

[anonymous No.19391344]

>>19391265
Kyc doesnt matter with xmr
If the irs comes to you show them your view key and say you havent spent any xmr so there's nothing to report.
View key only reveals incoming transactions btw

[Anonymous No.19391367]

>>19390231
Been mining XMR with my botnet since 2017. Comfy comfy gains.

[Anonymous No.19391384]

Never been this comfy in my life.
$1000 EOY

[Anonymous No.19391887]

>>19390231
Mfw other cryptocurrencies don't get used as currency

[Anonymous No.19391988]

>>19391367
lmao
hashrate anon?

[Anonymous No.19392023]

i started mining monero on my laptop since i leave it on all the time anyway. didn't notice any increase in electricity costs for the first month. it will be hard to tell the next few months since i'm going to be using AC which bumps up the electric bill significantly.

i mean i make next to nothing on a laptop. think i'll get like 0.7 XMR in one year if i leave it on 24/7 but since it doesn't seem to make any difference to my electric bill there's no point not to do it right?

[Anonymous No.19392555]

>>19392023
Just bought myself a dedicated mining rig. Should average about 6 xmr a year

[Anonymous No.19392643]

>>19392555
checked anon. and nice, whats your rig?
>>19392023
eh, probably not worth it anon. would be more cost effective to just purchase your monero
>>19391887
>tfw somewhere along the way creating a decentralized and fungible cryptocurrency got lost and everyone just wanted to scam eachother with icos and pnds
>tfw monero is where all of the jaded cypherpunks have ended up

[Anonymous No.19393431]

>>19390231
What percentage holdings of XMR does everyone have? I'm sitting around the 40% mark

[Anonymous No.19393724]

>>19393431
90%
Something very special is on the horizon

[Anonymous No.19393742]

is 100 xmr enough to make it?

[Anonymous No.19393762]

>>19392643
ryzen 3950. Found a cat on r/monero who's gonna build it and teach me how to expand in the future.

[Anonymous No.19393892]

>>19391221
>Where can an anon buy XMR?
well when you want to avoid kyc try tradeogre

[Anonymous No.19394043]

>>19393742
even 1 xmr is fine. when this shit pumps it pumps

[Anonymous No.19394082]

so is this a cult or something? i think it's great in principle but why are people so convinced this is about to take off.

[Anonymous No.19394092]

>>19394082
>he doesnt know

[Anonymous No.19394098]

>>19390231
There used to be 0 interest in XMR here, now I’ve seen a few threads... don’t know whether to be happy or worried...
Holding since Bytecoin

[Anonymous No.19394107]

>>19391221
go find a crypto atm without kyc. if it doesn't offer xmr, you can additionally use morphtoken.com

[Anonymous No.19394114]

>>19390231
evening lads

[Anonymous No.19394118]

>>19394082
It's literally the only crypto other than BTC that people actually use

You know how brick and mortar retail got BTFO by Amazon and the internet in general, well the same thing is happening to drug dealers by the dark net markets screencap this post

[Anonymous No.19394153]

[Anonymous No.19394162]

>>19394107
>go find a crypto atm without kyc
one of the yellow joints
then use to xmr.to to swap

[Anonymous No.19394178]

>>19394118
how to fuck girls like this?

[Anonymous No.19394205]

>>19394178
Buy monero and then offer them drugs you purchased from empire market

[Anonymous No.19394223]

>>19394205
>empire market
say apollon or something next time bro we dont want plebs congesting the good sites

[turtlecoin.lol No.19394228]

>>19394162
afaik you can use xmr.to only for xmr to btc conversion, not the other way around. so you can only use it for selling xmr with one extra step inbetween.

[Anonymous No.19394232]

>>19394118
isnt that already priced in? and avg people arent going to buy monero like bitcoin ever because of its criminal associations and lack of availability.

[Anonymous No.19394267]

>>19394228
>not the other way around.
they have both

[turtlecoin.lol No.19394268]

>>19394118
bring a knife, show it to her and put it back. later, she might want you to pull it again. the rest you have to find out yourself.

[Anonymous No.19394305]

>>19394232
If normies are avoiding something then it means you have to get in early, the nsell your bag to them when XMR is $1000+

Normies won't care about criminal implications because bitcoin is also tainted in that regard but that doesn't stop them

[Anonymous No.19394309]

>>19394232
I think most people are pretty realistic about Monero. I don't think it is going to just suddenly take off, but that's a good thing. We are building a really solid and educated userbase, and because of that, the adoption is happening over the long term.
>and avg people arent going to buy monero like bitcoin ever because of its criminal associations and lack of availability.
I think as of now you are right, but consider that in 2012 Bitcoin was primarily used on the dark net, where it averaged 12k transactions per day. Today, nobody really thinks of Bitcoin as a drug coin, but that's how it gained a userbase initially. Liquidity will rise over time, especially if the adoption continues to improve.
>>19393762
wow that's really comfy anon. I'm jealous. I wish I could mine.

[Anonymous No.19394668]

>>19394118
Why didn't you mention ethereum. That is being used just as much as btc

[Anonymous No.19394728]

>>19394309
Just wait until its the political dissident coin

[Anonymous No.19394735]

>>19391367
neat. are you an ethical botnet? meaning, you dont fuck with peoples shit, you just mine. i would love to code a worm that only mined, had no backdoors/keyloggers/trojans etc. just mined.

[Anonymous No.19394740]

>>19394728
Yes, as the world economy continues to deteriorate people will use it to move money anonymously as government descent into totalitarianism and capital controls like Argentina

[Anonymous No.19394816]

>>19394735
even better would be one that only bots when the pc is idle, free compute power with to interference

[Anonymous No.19394855]

>>19394305
normies doint yet care because they dont yet see the value, all these etherium clones and shitcoins promising the world are more appealing to their brains, but the day will come that privacy reigns over all

[Anonymous No.19395476]

>>19394668
It’s not ready being used outside of speculation and pyramid schemes.

[Anonymous No.19396040]

>>19394728
based inflation anon

[Anonymous No.19396219]

>>19395476
right??? its such a fucking reddit coin, its tx fees are always through the roof because of these fucking chink scams, but muh sharding. Its such a meme

[Anonymous No.19396328]

>>19396219
Yep. The oracle problem won’t be solved anytime soon.

[Anonymous No.19396568]

$4-7k by end of 2021

[Anonymous No.19396839]

>>19394855
This.
Whenever I brought up XMR to normies they responded that "the government" will ban it. Also, they didn't yet see the value of XMR for themselves. In time they will see the light, once the sweet poison of fiat money (e.g. USD, EUR etc.) starts showing its ugly side. Precious metals will also gain tremendously since they are like physical versions of XMR but they already have much higher market caps and different properties.

I hate seeing the corruption of the cryptocurrency community by fast money, gambling, flashy marketing people in addition to the "serious" private equity people that moved in since 2017. FUCK YOU.

[Anonymous No.19397082]

[Anonymous No.19397155]

comfy thread, gonna go buy more xmr now. hopefully I can eventually release an application/service that only accepts monero.

Anyone know what darknets are using XMR? Is it a majority of them?

[Anonymous No.19397646]

>>19397155
whitehouse market is a new market that is monero only. it's the fastest growing market on the dark net.

[Anonymous No.19397936]

>>19397155
most of the big markets allow the option of xmr, btc or sometimes others.
It is usually up to the vendor/seller which of the available coins accepted by the market they will allow payment with.

[Anonymous No.19397953]

>>19397082
prove it. Until such a feature is properly audited its vapor ware, etherium is an open blockchain, prove theres a way to do anonymous tx's with the level of anonymity of monero, until then its a shitcoin with hollow promises

[Anonymous No.19397991]

>>19394728
Woke

>>19394740
Argentinean here , can confirm, the government is actually worried as fuck about bitcoin now they realized it's moving the currency markets since 1 usd in bitcoin is more worthy in pesos than 1 usd in cash.

But they don't know how to cuck it , i hope they ban it so we can trade in cash usd would be the most bullish shit ever.

[Anonymous No.19398029]

>>19397936
i dont often see vendors who dont accept monero

[Anonymous No.19398229]

>>19394223
>empire market
>good site

[Anonymous No.19398231]

>>19394267
No they don't. They don't want shitty tainted btc. Imagine accepting a token that directly links you to a crime in exchange for fungible xmr. That would be stupid.

[Anonymous No.19398243]

>>19397155
Very few as the darknet is a CIA honeypot.

[Anonymous No.19398271]

>>19397155
way more than there used to be

[Anonymous No.19398412]

>>19398271
nobody should buy from vendors who dont accept xmr

[Anonymous No.19398537]

>>19392643
>eh, probably not worth it anon. would be more cost effective to just purchase your monero
i'm still buying monero. since it doesn't seem to make any difference to my electricity usage though i don't see a reason not to mine on a laptop even though i only get like 0.002 XMR a day. is it going to burn out my laptop eventually if i keep doing it? haven't noticed any increase in heat or anything.

[Anonymous No.19398539]

>>19397991
Do you have crypto/peso markets in Argentina?

[Anonymous No.19398579]

>>19397991
And how much pesos does someone need to be rich in Argentina?

[Anonymous No.19398599]

>>19398537
you wont burn it out, modern computers can scale to reduce hitting dangerous temps, and cpu's dont just fail

[Anonymous No.19398725]

>>19390231
*buzzes by loudly*

[Anonymous No.19398763]

>>19398725
wow 66 posts until a pajeet!!!!!!! That's a new record high fives everyone wew

[Anonymous No.19398806]

>>19398725
this shit is the most laughable trash shilled here

[Anonymous No.19398894]

>>19390231
Xmr is only a small percent of my portfolio but I believe in the project. My main holdings are Link/Eth but I've been DCA'ing into XMR with all of my unemployment checks.

[Anonymous No.19398921]

>>19398894
can you explain to me why you believe in link? what technological innovations have they made that make you think they are on the way to solving the oracle problem?

[Anonymous No.19398934]

>>19398725
literally a shitcoin vaporware, take your shit elsewhere

[Anonymous No.19399073]

>>19398921
Solving the oracle problem is kinda like the "decentralization" meme, it isn't a binary solution. At least not with link. i just think with deposits, and link used as collateral, aswell as many sources, dataproviders and nodes, you can connect every blockchain. It creates a really interesting market dynamic, where you lose your collateral if you try to screw with the network (if you choose enough reliable providers in your smart contract). Will be cool to see if Polkadot works, and if they achieve true cross chain connectivity via link.

[Anonymous No.19399089]

>>19390231
not long before ghost flips monero easily

[Anonymous No.19399110]

>>19399089
retard.

[Anonymous No.19399116]

>>19399110
cope.

[Anonymous No.19399235]

>>19399073
sure it might not be an upfront solution, but link has done nothing in terms of research/development to convince investors that they are making progress on this issue.

[Anonymous No.19399277]

>>19390231
Should I buy more XMR or LOKI

[Anonymous No.19399478]

>>19399277
xmr obv. loki is just a shitcoin clone with worthless features

[Anonymous No.19399488]

>>19399478
I'm not so sure about that

[Anonymous No.19399593]

>>19399488
what features make loki worth anything? how is it not just a monero code fork?

[Anonymous No.19399756]

>>19398921
Owning link is like owning a basket of DeFi protocols and crypto itself as every project will needs oracles. The growth of these protocols and value locked in smart contracts has been growing exponentially. (defipulse.com) How do you not own link?

[Anonymous No.19399772]

>>19399756
again, what technological innovations have they made that make you think they are on the way to solving the oracle problem?

[Anonymous No.19399850]

>>19399772
Mixicles
700k
VRF
Suck my cock nolinker

[Anonymous No.19400708]

How will the moon happen?
>gradually, as all darknet markets transition to Monero only
>quickly, as the US-backed world order degrades and nations scramble for a chunk of the most popular digital asset which doesn't reveal their finances to the rest of the globe
>in an instant, after Satoshi atomic swaps his stacks into XMR
When does it happen? What will cause the world to recognize the greatest form of money to ever exist?

[Anonymous No.19400834]

>>19400708
[redacted] if true

[Anonymous No.19400853]

>>19398725
based

[Anonymous No.19400858]

>>19399756
>How do you not own link?
Its a scam newfag. time to sell was when it hit $5. All thats left is delusional bag hodlers now. Keep hodling while Sir Gay pulls a Based Charlie

[Anonymous No.19401822]

>>19399478
>>19399593
There's no reason to hate on LOKi, you dumbfucks. It's used for making the Session messenger decentralized.

[Anonymous No.19402751]

>>19401822
this

[Anonymous No.19402783]

>>19399089
>not long before ghost flips monero easily
XMR is the default standard and offers more privacy than a Swiss numbered account. Please stop comparing your novelty ERC20 token to Monero, you are embarrassing yourself in front of all the high IQ anon's. It's like comparing a Rolls Royce to a second hand golf cart.

[Anonymous No.19402927]

>>19399235
Threshold signatures, mixicles, VRF and Arbitrum is still important though.

[Anonymous No.19403082]

>>19401822
Loki is a good buy, Monero is inflationary. Have you seen all the cool tech Loki has made over the last year? They literally made a Tor on the blockchain for one. What has Monero done beside switch algos? Monero devs are busy watching furry porn and dumping on you so they can buy million dollar watches.

[Anonymous No.19403496]

i remember seeing the infinite supply fud over and over again back in 2017. was there any truth to it, if so is it much of a concern?

[Anonymous No.19403562]

>>19403496
Its not of much concern. Its linear inflation. So after a while you get lim 0% inflation

[Anonymous No.19403582]

>>19403562
>>19403496

maybe new ip, but basically like this

[Anonymous No.19403598]

supply is infinite

[Anonymous No.19403615]

>>19403582
The further you go the lower the inflation rate is in terms

that being said, if your X is infinite, so will your supply be, but that's not really a useful metric in any way.

[Anonymous No.19403623]

>>19403598

see
>>19403615
>>19403562
>>19403582

[Anonymous No.19404164]

>>19402927
>>19399850
threshold signature research has been primarily done by bitcoin devs, has it not? And as to your other points, randomizing inputs is cool and scaling is cool but there is no reason to believe chainlink should be worth 1.5 billion dollars, when again, it has done nothing to actually solve the oracle problem. There is no point in having a token for a company. All it serves is to raise funds so the devs can then dump on you.
>>19401822
>>19403082
Nobody cares about Loki. It's just another Monero fork. All you are doing is shilling this in Monero threads to try to ride Monero's clout. You did it last month with Zano. You'll do it next month with some other shitcoin. Whatever Raj.
>What has Monero done beside switch algos?
lol is this nigger serious?

[Anonymous No.19404192]

>>19404164
Furry discord is out in force