/XMR/ Monero General

[Anonymous No.19859961]

Sup Monero senpai, feeling comfy?
This daily general is for supporters of the cypherpunk ideology to hang out and help noobies learn about Monero, the most fungible cryptocurrency. We believe that Monero is the logical continuation of Bitcoin because it offers superior privacy, leading the way to many potential use cases. Discussion points include rising Dark Net adoption, news articles about Monero, daily transaction totals, and new technology updates to the Monero project.
Moonboy posting is discouraged, however price speculation and TA is fine.

Links:
Overview: https://web.getmonero.org/get-started/what-is-monero/
Daily Transaction Totals: https://bitinfocharts.com/comparison/monero-transactions.html
Mining Introduction: https://web.getmonero.org/get-started/mining/
Merchants that accept Monero: https://web.getmonero.org/community/merchants/
Crypto ATMs: https://coinatmradar.com/bitcoin-atm-near-me/

[Anonymous No.19860416]

Speaking to normies lately and they don't want a bar of this. On the one hand I'm getting 2015 vibes. On the other hand fuck normies.

[Anonymous No.19860484]

>>19860416
Monero is what normies imagine Bitcoin to be. At the same time, normies don't realize they need privacy to protect innocence.

[Anonymous No.19860569]

>>19860416
This is actually pretty good.
Here we stand @1B market cap and don't even have any hyped normie investors.

[Anonymous No.19861152]

Imho XMR is one of the few coins whose value is derived by more or less organic demand and use cases.
The few other coins that have this are exchange tokens that give discounts for trading fees but their use case is much smaller. ETH, EOS, Cardano etc. are more or less gambles on smart contract platforms but none of them see demand and price rise and fall because of the use of their contracts.

[Anonymous No.19861269]

What is an good buy in price?

[Sage No.19861369]

>>19859961
"I think that the only effective defense against the coming surveillance dystopia is one where you take steps yourself to safeguard your privacy, because there's no incentive for self-restraint by the people that have the capacity to intercept everything. A historical analogy could be how people learned that they should wash their hands. That required the germ theory of disease to be established and then popularized, and for paranoia to be instilled about the spread of disease via invisible stuff on your hands that you can't see, just as you can't see mass interception. Once there was enough understanding, soap manufacturers produced products that people consumed to relieve their fear. It's necessary to instill fear in people so they understand the problem before they will create enough demand to solve the problem." -
"Creating an electronic currency is a big deal precisely because control over the medium of exchange is one of the three ingredients of a state." "If you take away the state's monopoly over the means of economic interaction, then you take away one of the three principal ingredients of a state. In the model of the state as a mafia, where the state is a protection racket, the state shakes people down for money in every possible way. Controlling currency flows is important for revenue-raising by the state, but it is also important for simply controlling what people do- incentivizing one thing, disincentivizing another thing, completely banning a certain activity, or an organization, or interactions between organizations." "Government regulation has made particular financial players kings and doesn't allow other market entrants. Economic freedom has been impinged by an elite group that is able to influence both regulation and the principles involved in these banks."

[Anonymous No.19861396]

After a brief pullback in transactions (we never dipped below 10k) we have a ton of momentum right now and it looks like we are close to breaking 12. With the 4th of July coming up this could be a big week for transaction usage.

[Anonymous No.19861442]

>>19859961
Threadly reminder that XMR is the comfiest hold

[Anonymous No.19861478]

>>19859961
Op, do you have any more monero waifus?

[Anonymous No.19861537]

>>19859961
>>19861478
damn, Monero-tan is looking fine today

[Anonymous No.19861622]

>>19859961
SAFEX more profitable and decentralized than Monero

[Sage No.19861853]

New anons, familiarize yourself with the rules!

If you're a Monero enthusiast and would like to join our Telegram group to discuss XMR, feel free to join us at:
<https://t dot me/joinchat/RzBppVXb6p1_fS3jM47yqg/>

[Anonymous No.19861959]

>>19861853
should we be decentralizing communications? I feel like the reddit thread (fuck reddit though) with the skepticism sundays/etc is a much better/more accessible means for this.

[Anonymous No.19861985]

>>19861853
Thanks for the xmr gen
Always the best thread on biz

XMR is the only asset that acts as a hedge for earned profits (in that it is extremely hard to confiscate and can't be externally inflated away/dumped) and as an excellent current investment (as the block reward is continuously diminishing and demand is continually rising)

[Anonymous No.19862077]

>>19859961
nice new monero gril btw

[Anonymous No.19862107]

>>19859961
Are there any privacy exchange where I can trade my doge, xvg, pivx, monero, etc. for cash?

[Anonymous No.19862125]

>>19862107
>6
try bisq

[Anonymous No.19862157]

>>19862107
Why would you want to cash out? But also you can't.

[Anonymous No.19862306]

>>19860569
Based

[Anonymous No.19862558]

Serious bagholder here. Any hope of it breaking $100? It just seems stuck around $50-60.

[Anonymous No.19862582]

>>19861959
I think this war is waged on many fronts! Reddit and Biz and various social media channels all provide unique audiences, albeit with a bit of overlap. The best way to decentralize is to have a presence in as many communities as possible.

>>19861985
I wasn't OP today, but whoever he is, hats off to you, OP.

Based take, anon. I think, especially when we're talking with newcomers, it's worth noting that crypto markets are volatile and still nascent, so there's no rule that says that XMR, BTC and everything else couldn't go to zero- but the odds are in our favor.

>>19862157
I disagree, friend. I'm a localmonero guy over any other, but any exchange that accepts XMR will let you cash out, and converting XMR to BTC is easy for exchanges that don't. Now, you've gotta connect that money to your name and bank account, which it sounds like this anon wants to avoid, but cashing out is possible through a plethora of off-ramps.

[Anonymous No.19862672]

>>19862582
>I disagree, friend
I guess you're unaware. You literally can't cash out.

[Anonymous No.19862717]

>>19862672
Local monero is very easy to use anon. You can meet up with another anon at a Starbucks and easily do a transaction.

[Anonymous No.19862728]

>>19862672
Local Monero > Sell Monero for Cash

Explain to me how this isn't cashing out

[Anonymous No.19862738]

will this ever get added to Coinbase?

[Anonymous No.19862933]

>>19862738
Maybe once Armstrong is done stacking.

[Anonymous No.19862945]

>>19862717
>>19862728
lol looks like we arrive at this point again. Where another poor soul finally realizes that crypto is a scam because you can't cash out.

You LITERALLY can't fucking cash out. Seriously, try it. You wasted all your money on internet bucks. There is no way to convert it back to fiat. All those "exchanges" that claim to deposit your money into your bank? Those are scams, the deposit never goes through. All those people saying it isn't a scam? They're shills for the scam "exchanges."

Anyone who tries to refute this post is a scammer shilling for scammy exchanges.

[Anonymous No.19863013]

>>19862945
Didn't know we had a fag from antifa on /biz/
>IF YoU doN't AgReE wITh me You'RE a NaZI

[Anonymous No.19863053]

>>19859961
nice monero girl.

[Anonymous No.19863062]

>>19862945
Uh I have cashed out. So I think you are kinda retarded anon.

[Anonymous No.19863276]

>>19862945
this is one of the weirdest fud attempts I've seen so far.

[Anonymous No.19863423]

>>19861478
Yes, for later.
>>19861537
Glad you like her.

[Anonymous No.19863607]

>>19862945

[Anonymous No.19863691]

>>19863423
Based. Are you the artist?

[Anonymous No.19863844]

>>19862945
2013 called, it wants its FUD back

[Anonymous No.19863910]

>>19862945
I cash out every month
Sage

[Anonymous No.19864919]

Bump

[Anonymous No.19865821]

Besides https://bisq.network what other exchanges do I have? I'm from Eastern Europe. I want to cash out like 300k in the future.

Kraken supposedly reports back. Localbitcoins even more-so (unless I trade face to face).
My only chance is that my government doesn't give two shits about crypto. They didn't bother filing a report on my crypto taxes last year.

[Anonymous No.19865829]

>>19859961
Paypal and venmo are getting ready to create the biggest onramp to BTC the world has ever seen, while chainanalysis and institutional policy are making it near impossible to achieve anything like privacy.

Good days ahead for XMR and crypto in general.

[Anonymous No.19865966]

Comfy hold

[Anonymous No.19866084]

>>19865829
Oh wow, that’s big news. Just saw the news about this.
The odds of monero being on there are like 1% lol.

[Anonymous No.19866253]

>>19866084
I'd put it at less than 1%, and I'm just fine with that. XMR is how you get away from institutions- but giving people an easy way to buy BTC and ETH makes it much easier for them to get XMR.

[Anonymous No.19866383]

boo

[Anonymous No.19866466]

>>19866253
They’ll put zcash on there lmfao.
But all the time they put into suppressing Monero only makes it stronger. It keeps the community free of moonboys and we can use this time to make the best possible base layer. It also allows us to fundamentally grow in user base. In a weird way it’s probably beneficial.

[Anonymous No.19866474]

>>19866383
Mcafee has already bent the knee to Monero...

Your Ghost is nothing more than worthless copy + pasted vapourware

[Anonymous No.19867616]

>>19866474
He's shilled for Monero pretty hard over the years, funnily enough. Most ghostfags don't realize that.

[Anonymous No.19868157]

>>19861442
Based comfy anon

[Anonymous No.19869021]

bump

[Anonymous No.19869047]

>>19861269
2 kg of heroine

[Anonymous No.19869128]

>>19869047
if you know you know
>>19867616
based & redpilled

[Anonymous No.19869268]

>>19860416
First they ignore you, then they laugh at you, then they fight you, then you win.

[Anonymous No.19869300]

>>19861269
it's a question of when, not if, monero hits 4-figures. just keep this in mind.

[Anonymous No.19869353]

>>19869300
This

[Anonymous No.19869998]

>>19866466
Yes, I think fluffypony has hinted that by the time normies discover monero, the easy UI and spending will be all set up for them.

[Anonymous No.19870168]

This:
https://www.coindesk.com/paypal-venmo-to-roll-out-crypto-buying-and-selling

Plus this:
https://decrypt.co/31461/coinbase-wants-to-identify-bitcoin-users-for-dea-irs
>"According to public records, the Drug Enforcement Administration and the Internal Revenue Service are planning to buy licenses from Coinbase for a cloud-based software called Coinbase Analytics. According to the prospective DEA contract, Coinbase's software will provide "identity attribution" for crypto addresses both domestically and internationally."

[Anonymous No.19870194]

>>19870168
First article says they expect functionality in ~3 months. My money is on the easy on ramp for normals leading to a fuckin bull run that makes 2017 look tame (but there won't be as much volatility in alts).