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22719237 No.22719237 [Reply] [Original]

Sup lads. This is the Monero general, where cypherpunks discuss the world's only fungible cryptocurrency!
Recent news: CLSAG is coming next month, adoption continues to rise on the dark net (we are currently trending at the second highest transaction total in Monero's history), and the legal whitepaper supporting Monero was released.
Come in, get comfy.

>> No.22719494
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22719494

Don't mind me

>> No.22719971
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22719971

updated transactions chart.

>> No.22720005

XHV is superior in every way but I still respect the OG.

>> No.22720273
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22720273

>>22719237
is this shitcoin traceable or what?

That fat fuck FLUFFLYPONY dumped on you and can afford multiple 800K watches.

>> No.22720349

>>22720273
This again?..
They can't.

>> No.22720410
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22720410

XMR is the comfiest hold

>> No.22720426

>>22720410
because it never moves

>> No.22720435

>>22720273
name me a single person that has gotten their monero traced.
this ciphertrace company is just a government paycheck. They look to appease the government grant with bogus claims. Just watch the interview that their ceo had with the monero dev team. He has no answers to anything. He "isn't the math guy". https://youtu.be/w5rtd3md11g
Monero can't be traced. It goes against mathematics.

>> No.22720440

>>22720349
He's just mad because a fat brony makes more money and goes to more conferences than him. The dude himself is alright but I really wish he hadn't taken 'fluffypony' as a name...

>> No.22720547
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22720547

>>22720273
>>22720435
>>22720440
at best they can (((coerce))) centralized exchanges to monitor what monero addresses are being used to transfer.

>> No.22720594
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22720594

>>22720426

>> No.22720673

>>22720273
You are funny

>> No.22720796

>>22720273
He likes hamburgers, just as sergey

>> No.22721298

Seems Bisq is paying attention to Monero. They added auto-confirm for transactions

>> No.22721338

>>22719237
Is Exodus a good Monero wallet?

>> No.22721534

>>22721338
I've never used it. The GUI and the CLI are what we recommend mostly, or cakewallet/my monero for lightwallets.
>>22721298
good to hear

>> No.22722395

Bump

>> No.22722399
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22722399

Make it stack?

>> No.22723131

>>22722399
an unknown amount

>> No.22723874

>>22721338
I use the gui

>> No.22724175

>>22722399
i know everyone says "unknown" because it's the meme, you can read the supply and assume the make it stack is about 21, similar to bitcoin.

>> No.22725059

>>22724175
The make it stack is an unknown amount

>> No.22725285
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22725285

>>22725059

>> No.22725321

>>22722399
You tell me that i have to w8 100 years for monero reaching 3k usd? What the fuck?

>> No.22725325
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22725325

>>22722399
>>22724175
>>22725059
>>22725285

>> No.22725382
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22725382

>>22725285
You need 500 - 1000 xmr to make it in the next bull run.

>> No.22725482
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22725482

>>22725285
>>22725382
I assume that xmr will reach ~1k usd in the next bull run, and way above that till 2033

>> No.22726537

>>22725059
Only correct answer. Make-it stack is whatever you want it to be, and this applies for all coins

>> No.22726904

>>22720426
it's currently in an accumulation region against bitcoin. watch it slowly creeping up over the next three to six months.

>> No.22727665
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22727665

xmr/btc wtf was dat?

>> No.22727944

>>22727665
Wew. Maybe some drug lord upgrading their tech.

>> No.22728215

but where can I buy it guys? I just use jewniswap

>> No.22728576

>>22728215
Morphtoken.com
use cake wallet

>> No.22729296

>>22727665
It's the slow accumulation phase and low inflation beginning to pay off.

>> No.22729763
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22729763

>>22720547
>at best they can (((coerce))) centralized exchanges to monitor what monero addresses are being used to transfer.
note that this only applies to what addresses you WITHDRAW to - they cannot see where you send FROM.
as a result, a prudent person privy to privacy would prefer to perform transactions with sub-addresses. ppppppppppppp

>> No.22729956
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22729956

bros why is having monero so comfy?
its such a nice coin to have

>> No.22730440

>>22727665
Well that was surprising. XMR is officially back to where it was pre-Monday dump.

>> No.22730713
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22730713

>>22725482
30k

>> No.22730908

>>22720426
noob

>> No.22731331

>>22728215
binance

>> No.22731339

monero is doing good. why is that?

>> No.22731804

>>22731339
solid project and pumpamentals; actual pow currnecy - not a premined erc20 shitcoin; top privacy coin; asic mining resistant; active community with strong principles.

the flavor of the day defi coins had their summer, but i expect some older coins to regain some ground over the next three to six months. mainly looking to see a breakout of the eth/btc ratio and xmr/btc ratio. it's been a rough bear market for monero, but it had such a strong bull market last cycle and it is tried and true. notice how a lot of alts have bled hard against btc the last few weeks (xrp, dot, link, ada, flavor of the day defi), while xmr and eth have held their ground.

>> No.22732709

>>22725382
100 suicide, 1000 to make it (assuming monero hits $1000 next cycle).

>> No.22733392

>>22731804
based

>> No.22733913

>>22732709
*an unknown amount

>> No.22733967

>>22733913
i love this meme

>> No.22733987

>>22719237
Hey Monero anons, is there a way I can avoid paying crypto taxes to the IRS by switching all my crypto to Monero?

>> No.22734003

>>22733987
Like can I cash out Monero to USD somehow?

>> No.22734212
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22734212

>>22734003

>> No.22734276

>>22734003
Do you work for a 3 letter agency, and are you mining an anime image sharing message board for information that you can then relay to your superiors?

>> No.22734364

>>22734003
>>22734212
>>22734276
No way dude. I don't want to cash out at all.
These were the steps I was thinking of taking after my coins take off.

>1. Convert everything into ETH
>2. Put into a tornado
>3. Put all the coins from the first tornado into a second one
>4.Put all the ETH from the second tornado and convert it into Monero
>5. Someone convert all my monero into USD?

Could this work? What is the flaw in this plan? Can you actually convert Monero to USD? Should I use TOR and VPN's to execute this plan?
I don't want to pay the IRS shit

>> No.22734380

>>22725321
No that's his estimate for a fair valuation on 8 Aug 2020. He's saying that Monero should be worth $3000 right now, and so is greatly underpriced.

>> No.22735171

>>22734364
google local monero

>> No.22735631

>>22735171
>google

>> No.22735714

>>22733987
>>22734003
>>22734364
bro just pay the fucking taxes

>> No.22735803

>>22735714
G L O W I N G
L
O
W
I
N
G

>> No.22735821

>>22734364
where we're going we don't need cash

>> No.22735848
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22735848

>>22735714

>> No.22735937

Bioluminescence of United States federal agency employees, ranked:
CIA > NSA >> FBI >>>> IRS

>> No.22736113

>>22734364
In most places when you convert your moonshot shitcoins into another type you're eligible for capital gains. If they know who the address is connected to, all they'll care about is that they've been removed in a way that doesn't look like someone just moving wallets (and the blockchain is forever, so they can still figure it out later). This sort of thing will be figured out by datamining AIs and they're only going to get better.

If you've made sure the ETH address you're currently using can't be connected to you (ie.you put money into it via a tumbler), this shouldn't be a problem. Most likely you'll still have to explain the cash coming your way though.

>> No.22737288

>>22733987
Yeah if you want to cash out like $1k. Otherwise the governments going to ask where your money came from.

>> No.22737339

>>22737288
What if I sell my monero on localmonero and get the cash mailed to me?
I mean realistically if I am not holding it in any banks or the like, how could they tell I was holding so much?

>> No.22737398

>>22737339
Yeah sure. You're just not going to be able to buy a house, stocks, nice car, etc with it.

>> No.22737427

>>22737398
couldn't I basically just set up a non-profit and funnel all the money as an "anonymous" donator into there?

>> No.22737428

>>22719237
thoughts on LOKI, lads?

>> No.22738171

>>22733913
*an unknown amount at an unknown price in an unknown year

>> No.22738314

>>22737427
Maybe. I assume you need to be Jewish to get away with the more blatant tax scams like that. It's a whole other level of complicated compared to just living the cashed up hobo life.

>> No.22738365

>>22737427
better call saul!

>> No.22739428
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22739428

>>22720410
it is!

>> No.22739641

>>22727944
Epstein flight logs might be making some pizza vendors nervous about btc

>> No.22739685

>>22737398
If you want those things you pay tax. Its that simple. At least trading profit capital gains are cheaper than laundering drug money AND paying tax.