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24732276 No.24732276 [Reply] [Original]

You have to be a literal ape to not realize MONERO is the future of crypto, look at the fucking charts, its holding on a BTC drop

>> No.24732384
File: 215 KB, 1372x1044, monero.jpg [View same] [iqdb] [saucenao] [google]
24732384

>> No.24732407

>>24732276
All we need is atomic swaps and we're golden

>> No.24732518

>>24732407
Triptych releasing sometime next year will be another big catalyst because it BTFOs all the "tools" CipherTrace have pulled out of their ass

>> No.24732568

>>24732276
gotta hide them capital gains from the gubbermints

>> No.24732578

>>24732276
they have a great team. excellent people. really stay true to the vision of crypto

>> No.24732620

Being exposed to socialists makes me extremely bullish on XMR. I'm gonna buy an unknown amount to increase my stack.

>> No.24732903
File: 115 KB, 1080x770, IMG_20201211_182703.jpg [View same] [iqdb] [saucenao] [google]
24732903

It's not holding anything it you zoom out. Also, if I wanted to buy an actual privacy coin I'd buy ARRR.

>> No.24732986

>>24732903
zoom further out

>> No.24733000

>>24732903
Shill cope

>> No.24733055

>>24732276
Monero is up 17% after dropping 45% against BTC in weeks prior. Monero is pretty much the same value against BTC it was 4 years ago

>> No.24733079

>>24732276
It will get regulated to death.

>> No.24733082

>>24732903
Lmao hey guys look at the peak of the bubble and ignore before it when monero was under a dollar.
Oh and instead check out my shitcoin with zero adoption, trash anon sets, trusted set ups, unproven dev team, and unmarketable name.
Kill yourself scammer.

>> No.24733609

>>24732276
its happening isn't it.

>> No.24733646

>>24732903
>> noname shitcoin that no one wants
vs
>> big name crypto that everyone uses

stacies will never buy ARRR
stacies will never trade ARRR for sex
dealers will never take ARRR for drugs
people will never offshore bank with ARRR

Monero has been chosen.

im sorry for your loss holding the useless arrr bags

>> No.24733653

>>24732903
so you're saying we are heading back to 0.03 btc? bullish.

>> No.24733695

>>24732276
I read about the tail emission, this is one of the biggest strengths it has over Bitcoin.

>> No.24733772

>>24733695
it has tons more than just tail emission. its technically super advanced compared to bitcoin. with stronger cryptographic algoritms. its updated for the future right now. SHA256 willbe fucked in a few decennia.

not to mention adaptive blocksize, and many many performance tweaks and compression methods. they even have a few geniuses on board. 5 of the 7 head developers are anonymous. one of them invented randomx hashing algoritm. its rumoured that one anon of the head devs is satoshi.

>> No.24734499

>>24733772
I think BTC may destabilize once mining rewards dry up. Deflationary taken too far. What do you call it when someone making a transaction pays a miner off-chain to include it in a block? It'll just be that. Difficulty is too high, costs of mining skyrocket, so blocks are paid for exclusively by transaction fees, and mined on demand instead of every 10 minutes. This makes BTC drop to zero. That's why tail emission is the biggest strength.

Challenges for XMR:
There's no layer 2 solutions to solve the fees problem that Bitcoin currently wrestles with. I don't know if the variable block size helps in this regard.
But the biggest challenges are not technical in nature: User friendliness is even lower than Bitcoin, preventing widespread adoption. Also has the stigma of being used primarily for illegal purposes, meaning it has trouble being exchanged legitimately.

What are your opinions on the attacks on the XMR network lately?

>> No.24734927

>>24733646
Feels so good and comfy to be a normie.
Autist retards think they are special by holding obscure coins nobody uses. But they lose money after all. You dont stack crypto like you stack rare MtG cards.

>> No.24734939

>>24734499
>There's no layer 2 solutions to solve the fees problem that Bitcoin currently wrestles with. I don't know if the variable block size helps in this regard.
that's because it is solved on layer one with dynamic fees and dynamic block size. This is in addition to tail emission being a huge deal. Block sizes simply increase to allow more transactions depending on the size of the previous 100 blocks. Fees actually decrease as the blocks get bigger FWIW.
>User friendliness is even lower than Bitcoin, preventing widespread adoption. Also has the stigma of being used primarily for illegal purposes, meaning it has trouble being exchanged legitimately.
The UX has improved dramatically since 2017. Cakewallet is becoming very popular for example. But yes there still needs to be improvement here. We are basically where Bitcoin was in like 2012.
The darknet stigma is where Bitcoin started. This will lessen overtime.
>What are your opinions on the attacks on the XMR network lately?
Pretty bullish imo. The devs were on top of it since the beginning and after the latest GUI/CLI update, it appears that the attacks are thwarted for now.

>> No.24734977
File: 36 KB, 2560x369, Screen Shot 2020-12-11 at 11.48.53 AM.png [View same] [iqdb] [saucenao] [google]
24734977

>>24734499

>> No.24736318

>>24732903
> I'd buy ARRR.
oh look, it's retarded :(

>> No.24736395

>>24734499
>Also has the stigma of being used primarily for illegal purposes, meaning it has trouble being exchanged legitimately.
so did BTC when I was buying at <1k. with peak opportunity comes peak FUD. have you people learned nothing the past 6 years?
>What are your opinions on the attacks on the XMR network lately?
they are free audits as far as im concerned. the attacks basically only result in a simple DOS as a result from a malicious node - funds are safu, you can just run your own node or switch to a more trusted remote node and there is no attack.
basically, the attacks are being done by a loser who was ostracized from the monero development team and has now made it his pathetic mission to try and sully monero.
it's funny, because he doesn't understand The Streissand Effect and related social phenomena - his efforts will actually only bring positive attention to monero in the long run, as the network can resist all of his pathetic script-kiddie attacks lmao

>> No.24736505

>>24734499
>I don't know if the variable block size helps in this regard.

i keep up with scientific developments and as we speak, new methods of saving data are being developed. chemical data storage in DNA like structure. in 2019 a Scientist came on the news here with reports of new advancement in data storage tech. He said that in 10 to 20 years these new techniques will be perfected and it will revolutionise the entire tech space. Datacenters we know now will beocme things of the past as chemical data storage will allow us to , as the scientist said "store the entire contents of the internet in an object the size of a cup of coffee"

let me remind you that the first computer ever build was "

The ENIAC was invented by J. Presper Eckert and John Mauchly at the University of Pennsylvania and began construction in 1943 and was not completed until 1946. It occupied about 1,800 square feet and used about 18,000 vacuum tubes, weighing almost 50 tons
"

let me remind you we are in baby science territory. its just the beginning of computing. Computers are toddlers or even smaller.

big blocks will be able to run. and even if it wont. XMR is also looking at a second layer. but something better than LN.

>> No.24736529
File: 19 KB, 100x100, 1605944942132.gif [View same] [iqdb] [saucenao] [google]
24736529

>>24734977
might i say, based?

>> No.24736802
File: 1.12 MB, 1427x2300, comfy.png [View same] [iqdb] [saucenao] [google]
24736802

>>24733772
Comfy.

>> No.24736851

>>24736802
Hot damn

>> No.24737384

Am I retarded for accumulating xmr instead of btc? I hold 1 btc just in case, but xmr is is just so much better for reasons already stated.

>> No.24737467

>>24737384
no

>> No.24737516
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24737516

>>24733772
>its rumoured that one anon of the head devs is satoshi.

>> No.24737586

>>24737516
Satoshi is van Saberhagen.

>> No.24737865

>>24737586
>van Saberhagen
could very much well be.
Monero came to late though, a few years earlier and it would've made bitcoin obsolete as the userbase was very small.
bitcoin has lost its purpose. it's is useless as a currency and power hungry, it only hurts the planet.
Monero on the other hand, is a great currency, with actual fungibilty. And a uncorrupted dev team.

>> No.24737955

>>24737865
I read something that their writing styles are very similar, and that a writing algo has ruled out other devs who contributed to other technical papers.

>> No.24739269

>>24737586
Who is van saberhagen?

>> No.24739362

>>24732276
XMR is a piece of shit. At least Fluffypony got a
large collection of Richard Mille thanks to you retards shilling his bag.

>> No.24739399

>>24732568
and also your whole income while at it

>> No.24739425

>>24739269
The anonymous author behind the cryptonote protocol, which XMR is built on.

>> No.24740233

>>24739425
Wonder why he didnt he just keep his satoshi name if it was him