The insane bull case for Monero

[Anonymous No.24828235]

Before the 2017 bull run the thought of BTC over 10k was considered nuts

I view a series of market forces as coming to a crux over the next two years leading to a total valuation of Monero's network over 2tn

That XMR is about to go on a run that will dwarf anything BTC ever did is far fetched indeed; here's the why broken down first into market wide forces and their effects on XMR and then on XMR specific drivers...

[Anonymous No.24828351]

>>24828235
Market wide drivers I'll review briefly with focus on XMR
- Depressed market psychology: the whole space hasn't come out of the bear market yet but has rebounded with most rebound value being in assets with active development and use cases. This includes XMR
- Increasing familiarity with crypto: average tech literate consumers now understand how to download and use a wallet. They also understand that different decentralized products offer different advantages and disadvantages. Where a more complex wallet experience would previously have been a hurdle to adoption, now what is required to use/store XMR is well within the realm of normal for crypto users
- Legal guidance on crypto changing from outlawing to how to regulate: XMR is ahead of the game now with a position piece from Perkins Coie. Say what you will about their ethics, they are old and recognized
- Coming crypto indices: these will favor traditionally strong crypto projects and XMR has been a part of the top twenty for a long time. Having professional custody solutions for holding a proportion of XMR will provide a linearly-increasing buy pressure as the space matures...

[Anonymous No.24828607]

>>24828351
Now on to the more important XMR specific drivers:
- Traditional early emission format with clearly defined use case separate to BTC: When experienced investors look for precedent on how price may be effected by asset structure, the example of bitcoin will provide some level of reassurance to those looking at XMR, at least through the steepest part of the drop in emission curve until tail emission in mid 2022
- Becoming the de-facto darknet asset: This has twofold advantages in that first (and obviously) this provides continuous buy pressure and transactions usage. More importantly it provides the psychological crutch of "if the people who are risking their freedom on XMR's privacy, it's probably strong enough for my use case." This opens the door to below use cases that have yet to be really unlocked within crypto including wealth preservation from intimate relationships, offshoring for tax optimization and true safety from government/fiat censorship. More on these below.
- Simple supply and demand: Unlike BTC with defined halvenings XMR has a smooth and much steeper emission curve. As significant XMR volume is still traded against BTC this subjects XMR price to strong supply dilution through the emission curve at the same time that it is subjected to negative price pressure because of BTC's natural stock to flow cycle. Practically this means that XMR gets one real "halvening pump" but that pump is (proportionally) the equivalent of the entire emission curve, rather than a portion. This just so happens to be occurring at the time that BTC would be expected to experience its post halvening pump.
- Increasing awareness of chain analysis: A key value argument for BTC has always been censorship resistance. This is now only partially true: indeed nobody can stop you from sending and receiving BTC but you can now own "tainted" BTC. The intrinsic privacy of XMR makes it truly fungible, but more importantly it makes XMR the BTC without traceability...

[Anonymous No.24828628]

child porn coin

[Anonymous No.24828751]

>>24828607
- Global distrust in fiat currencies and their uses: the current US presidential election has a country now divided over whether they believe the election was legitimate and whether the person elected can be trusted to act in the best interests of their own people. This clearly alters trust in fiat assets but more importantly it makes the use of traceable funds for any political purpose (whether for the party in power or not in power) a risk for future personal safety. This leads directly into the desire for a value transfer system that does not risk one's job or social standing.
- The act of tax avoidance as a political statement: To follow on the above, currently taxed dollars are used overwhelmingly to fund one side of the political spectrum globally. In societies with the ability to wage armed conflict with their governments this may be an option, but in all societies, removing value from taxes collected has the ability to be a political maneuver to those people outside of power. This becomes increasingly justifiable if the way that power is maintained is viewed as illegitimate by a proportion of the society. Ironically this forces the fiat issuer into a predicament: if they print more fiat that causes the fiat price of XMR to increase, further cementing the argument of their opponents. If they do not do this, they risk alienating their base who are dependent on government issued value...

[Anonymous No.24828770]

>>24828628
Kek

[Anonymous No.24828792]

Good posts anon

[Anonymous No.24828877]

>>24828751
- The cost and latency of transactions: while this may seem counterintuitive, the fact that XMR will always have a significant cost to transact and does not transact instantly is bullish from a price perspective via monetary theory. Because the point of XMR is privacy, this is not likely to be actively engineered around, as opposed to such efforts in BTC
- The singular focus of XMR development: As XMR is a privacy coin first and foremost, it maintains a strong community who are even willing to donate their own assets to fund its further development. This creates a virtuous cycle where less XMR is needed for this application and is likely already self-sustaining at current price levels for years to come, making the intrinsic value of the asset bullish even without the above supply/demand and societal drivers

There are of course a large number of other drivers (Chinese getting money out of the country, avoidance of capital gains taxes, etc.) but this should serve as an adequate base for the argument that XMR has a large number of macro trends pushing it forward while having an arguably larger number of asset specific price drivers for the foreseeable future.

If anyone has questions I'll be happy to answer. I will not discuss how much XMR I hold.

[Anonymous No.24829026]

>>24828877
For reference: The xmr emission curve showing how much steeper it is vs BTCs stepdown curve

[Anonymous No.24829029]

>>24828877
>cost
arent moneroo tx at ath while paying like 2c for txs faster than buttcoin?
only downside of monero is blockchain size

[Anonymous No.24829056]

>>24828628
>child porn coin
Thats Polkadot you faggot.

[Anonymous No.24829081]

>>24829029
this. how is monero more expensive or do you see it becoming more expensive when it reaches the same tx per day as bitcoin?

[Anonymous No.24829178]

>>24829081
Monero had dynamic block size and dynamic fees. So the cost to send transactions will actually become lower the larger the blocks become.
>>24828235
>>24828351
>>24828607
>>24828751
>>24828877
>>24829026
Based and moneropilled

[Anonymous No.24829184]

>>24829026
Second reference Monero stock to flow model taking in account btc dependence of XMRs price

[Anonymous No.24829519]

>>24828877
how much xmr do you hold?

[Anonymous No.24829593]

>>24828235
It will eventually get regulated to death and dump to 0.

[Anonymous No.24829660]

>>24828235
I will invest next gains into a monero mining threadripper, i expect 25k eony

[Anonymous No.24829861]

>>24829184
If the above model holds plus moderately increased demand from the above drivers a reasonable path to 2tn valuation within two years would be:
Jan 2021 200
June 2021 900
Jan 2022 5,500
June 2022 28,000
EOY 2022 110,000 @ ~18mm total supply

[Anonymous No.24830157]

>>24828792
Thank you
>>24829029
Current XMR transaction volume is less than 10% that of BTC
>>24829081
I'm more referencing payments focused products like stellar; XMR will always have a non-negligible transaction cost because of the intrinsic size of rings. More importantly the relative size of 100gb of harddrive/bandwidth will decrease (imagine how much it has just in the time since the project's launch). Think the same perspective that saw big investments in Youtube even back when bandwidth was cost prohibitive to its model.

[Anonymous No.24830230]

>>24829861
Monero isn't like btc though, it'll never have the retail demand like BTC had/has

[Anonymous No.24830268]

>>24828628
you mean fiat?

[Anonymous No.24830303]

>>24828235
compromised, not a provacy coin anymore

[Anonymous No.24830482]

>>24830303
Prove it, nigga.

>>24828235
Should I wait for a correction?

[Anonymous No.24830533]

>>24828235
>>24829861
TOP. Sell this bullshit or risk losing out on liquidity.

[Anonymous No.24830537]

Internet censorship will ramp up in the future. Monero is going to be one of the most important cryptocurrencies in the next 10 years. Zcash tech is way behind.

[Anonymous No.24830736]

>>24830533
t. 0x pajeet

[Anonymous No.24830818]

>>24830537
ZCash is a shitty privacy coin but not because of the raw technology imo; it's this:
>Developed by centralized company
>Founder accidentally alluded to a backdoor on Twitter
>Optional privacy which nobody fucking uses
Whereas Monero has:
>Decentralized ecosystem of developers, some anonymous, some known, and some who are well-educated researchers
>litany of failed IRS attempts to break it
>mandatory privacy

[Anonymous No.24830924]

>>24828235
hey guys, can someone help me out? my wallet wasnt synching so I upgraded to 17.1.7 and added the --ban-list block.txt command, but now it just wont connect to daemon

So now I either stay without fully synching forever, or I'm not able to connect to the network

I'm very pissed off from this.

[Anonymous No.24831143]

>>24829184

[Anonymous No.24831175]

>>24830924
>my wallet wasnt synching
Was this the 2 blocks behind error?

[Anonymous No.24831192]

>>24831175
yes

[Anonymous No.24831216]

Institutions have choosen ZEN

[Anonymous No.24831253]

>>24830924
If your daemon isn't running it could be an issue with your AV, or it's just stuck in a temp state. Try to force kill it and re-run, happened to me quite a bit when I first started using XMR.

[Anonymous No.24831340]

>>24831253
When I add --ban-list block.txt to the tags, the daemon wont run, and when I leave it without, then I'm always 2 blocks behind

My funds are stuck, I cant move them

[Anonymous No.24831504]

>>24831340
You can use a remote node for the short term. Then you have time to trouble shoot

[Anonymous No.24831582]

>>24828235
Legend has it Satoshi was one of the creators of Monero. What's your take on that?

Also what's the make it stack? I heard 21?

[Anonymous No.24831651]

>the year is 2030
>the cia is now paying $10k per xmr to keep them out of the hands of money launderers and terrorists

[Anonymous No.24831658]

>>24829861
LMAO screen capped

[Anonymous No.24831670]

>>24831582
nope more like 181.32

[Anonymous No.24831675]

>>24831340
what wallet mode are you running?
and if advanced, is it remote or local?

[Anonymous No.24832126]

>>24831670
Lol I can't afford that.

[Anonymous No.24832158]

>>24828235
>>24828351
>>24828607
>>24828751
>>24828877
>>24829026
>>24829184
>>24829861
>>24830157

[Anonymous No.24832885]

Ok so you buy some btc from a kyc exchange, you buy xmr with that, xmr pumps hard, you start taking profit by turning it back to btc and selling on kyc exchange.
> IRS spook: "where you getting all this money son?"

[Anonymous No.24832890]

what if on every transaction the recipient just receives every wallet that can exist in the ecosystem? like instead of 1 wallet address showing they see all 2^256 or something addresses and the person who sent it is one of them. that way it's private by obscurity

[Anonymous No.24832949]

>>24832885
1. buy xmr on kyc exchange
2. don't move the part you want to sell for profit

[Anonymous No.24832994]

>>24832885
You would simply keep transaction records and pay taxes. If they actually bother to ask questions you would say: Here is the day I swapped Bitcoin for Monero and paid taxes. Here is the day that I swapped it back to Bitcoin and paid taxes. Here is the day I traded Bitcoin for fiat and paid taxes.
It's not that complicated.

[Anonymous No.24833006]

>>24828877
1. How many xmr is for financial freedom?
2. Xmr at 2 trillion mcap is about $10,000 per coin, yes this seems crazy
3. How has kraken been able to keep monero listed and still adhere to US regulation standards ?
4. Do governments embrace BTC and try and make owning xmr criminal??

[Anonymous No.24833076]

>>24832994
What if you're using bisq though, how does that get reported?

[Anonymous No.24833120]

>>24829184
What is the blue line indicate?

[Anonymous No.24833178]

>>24833076
You need to do the reporting yourself anon. Crypto to crypto is taxable. The feds won’t ask questions if you are paying taxes, and if you are that concerned then you should talk to a tax expert.

[Anonymous No.24833185]

>>24828235
>Not on coinbase
Imma pass

[Anonymous No.24833302]

>>24833006
>Xmr at 2 trillion mcap is about $10,000 per coin, yes this seems crazy
No for a $10,000 XMR it would need a market cap of around $177 Billion dollars
at 2trillion dollars you are looking at around $100,000 XMR

[Anonymous No.24833325]

>>24833185
>>Not on coinbase
>Imma pass
Who let all these newfags in...

[Anonymous No.24833330]

Seems like Zcash is actually private while Monero is only kind of private through obscurity.

[Anonymous No.24833534]

>>24833330
Kek. Zcash is (((optional privacy))). There’s a reason it has zero adoption on the dark net.

[Anonymous No.24833536]

anyone have a good place to buy if i already have my own wallet?

[Anonymous No.24833579]

How safe is it to store xmr on a ledger?

[Anonymous No.24833791]

The government is just going to say there are no legal reasons to have it and therefore anyone who does is breaking the law. CP, terrorism, human trafficing, drug trade... that's what they'll accuse you of.

>Increasing familiarity with crypto: average tech literate consumers now understand how to download and use a wallet. They also understand that different decentralized products offer different advantages and disadvantages. Where a more complex wallet experience would previously have been a hurdle to adoption, now what is required to use/store XMR is well within the realm of normal for crypto users

Yeah I'm not sure about that. See:
>>24830924
>>24831340
>>24833185
>>24833536
>>24833579

[Anonymous No.24833805]

>>24832890
is this what monero already does?

[Anonymous No.24833816]

>>24833325
Ahahaha

[Anonymous No.24834066]

>>24833791
>Yeah I'm not sure about that. See:
That guy is running is own node instead of just looping into a remote one. Very common to trouble shoot I don’t see this as a good example. GUI is simple as cake wallet or mymonero now.

[Anonymous No.24834105]

>>24828235
>>24828351
>>24828607
>>24828751
>>24828877
>>24829026
>>24829184
>>24829861
>>24830157
Stupid nigger. Monero is the cash-out coin. Every buy order is a simultaneous sell order because people just flip it to clear their trail before cashing out. Prices don't move off their own and noone is interested in playing price discovery with Monero, they just want to flip it to cash out or buy whores.

[Anonymous No.24834163]

>>24833791
>The government is just going to say there are no legal reasons to have it and therefore anyone who does is breaking the law. CP, terrorism, human trafficing, drug trade... that's what they'll accuse you of.
you have zero understanding of actual law if you think this could happen, especially on a massive scale, or all at once. This goes against the already decades of legal cases about encryption, p2p applications, or cryptocurrency (Bitcoin, in its early days, faced the exact same fud) in jurisdictions throughout the world. What say you about torrents, or To and their current legalityr? Or how would one crypto like Monero be banned and not conceivably every other cryptocurrency? There is no precedence for a worldwide ban of Monero.
As has been said many times before, governments will eventually figure out they can't trace Monero, and that the only way to loosely keep track of who owns it is through on ramps where they can collect metadata. This way they can see who is swapping large amounts of Monero and then not paying taxes.
>Yeah I'm not sure about that. See:
So you had one anon troubleshooting problems (which people currently do for literally EVERY type of computer software you retard) and you have other anons asking questions about Monero (which shows a growing interest from new consumers). What are you even trying to say here?
I agree that Monero still has a ways to go to being user friendly for normies, but this is pretty much the same for all of crypto. Monero has made some pretty big strides this past few years with cake wallet, for example.
>>24833536
kraken
>>24833579
you have to make sure your ledger version can support it, but it will work like it does with other cryptos.
>>24834105
>states Monero has a usecase for washing transaciton history
>doesn't realize that Monero has a limited supply and that the demand for this privacy will be at a premium over the next decade
ngmi

[Anonymous No.24834165]

>>24828751
> - The act of tax avoidance as a political statement

This is a very good point. People are tired of funding their enemies, libertarians have all the reasons to adopt monero, conservatives are angry that they are losing more and more, leftists will see themselves left behind stuck with the melting ice of inflation, I feel like practices of Agorism will see an exponential rise, such as mass adoption of privacy coins, 3D printing of guns, etc.

[Anonymous No.24834191]

>>24834163
Tor*

[Anonymous No.24834704]

>>24834163
People flip Monero to clear their trail. Since everyone who buys Monero wants to sell immediately sell it, demand does not grow in proportion to supply when people use it to launder money

[Anonymous No.24834871]

>>24834704
>Since everyone who buys Monero wants to sell immediately sell it
wrong. many people buy Monero and hold it because they believe it is going to gain value or because they want to have wealth that nobody else can see or prove without your view key. And you are also overlooking many of the other usecases of Monero. Smoothbrains like yourself who don't see the purpose of financial privacy in a world that is becoming increasingly more orwellian are never going to make it.
look at Monero's price chart this year and then come back to me and start talking about demand. Monero has done very well this year and that's despite all the glownigger fud we deal with every day.

[Anonymous No.24834876]

>>24833330
>Seems like Zcash is actually private while Monero is only kind of private through obscurity.
Meanwhile: Zcash shielded transactions get broken by simple heuristic attacks.
https://cryptobriefing.com/zcash-privacy-back-question-user-traces-shielded-transaction/

[Anonymous No.24834945]

How are you guys getting such good hash rates mining on shitty office computers? I've got an AMD 5 3600 and my hash rate is only over 6K.

[Anonymous No.24835035]

>>24832885
There are a large number of other options:
- Transfer to BTC and casino, cash out cash
- Buy PMs and use those
- Open localmonero account and get cash
- Buy and sell versus fiat on Kraken and pay normal capital gains taxes in 2022 and beyond
>>24833006
By the above reasoning with 2.5mm post tax as freedom and giving a 10x cushion would give 280 xmr or 43k investment today
>>24833120
Real XMR price
>>24833185
Generally a barrier to entry that will disappear in the future is an indication to buy now
>>24833302
Correct
>>24833330
Zcash has such a small pool of private transactions that it should not be considered private
>>24833536
KYC with good liquidity and long history of supporting the asset: Kraken
Non-KYC/as a political statement: Localmonero
>>24834163
I agree with all of this
>>24834165
I generally view people as fed up as well
At least behind closed doors and after a few drinks

[Anonymous No.24835082]

after researching the cryptonote protocol i have come to the conclusion that it's an interesting idea with irredeemable clusterfuck of an implementation.

i have written a simple program that speaks the protocol, if deployed across a relatively small number of zombies (10K to 20K) would indefinitely hold the entire network down.

how much could i sell this for?

[Anonymous No.24835120]

>>24828235
WHEN THE FUCK IS TARI COMING OUT

[Anonymous No.24835150]

>>24835082
Why would you do that instead of just using those zombies to mine monero for you.

[Anonymous No.24835212]

>>24835150
because monero doesn't have any monetary value

[Anonymous No.24835259]

>>24835035
>Real XMR price
Why is the blue line flat lined like that ?

[LebAnon No.24835443]

>>24830268
kek'd
there's a reason most USD bills have traces of cocaine
XMR is comfy af rn brothers

[Anonymous No.24835502]

Its not a small coin, how come its so unprofitable to mine even though it supposedly is asic-resistant? How does it Keep itself secure?

[Anonymous No.24835579]

>>24835502
it exists through the power of fanboys, that is really the primary thing keeping it afloat, hype. the dev team has a very clear and obvious trend of stiffing researchers, developers and other contributors. there is no strong project leadership it's just a bunch of idiots that keep adding retarded features that make the codebase progressively more fragile.

[Anonymous No.24835587]

>>24835212
lmfao okay how about you post the price chart since 2014 you retard
>>24835502
mining is a long term project. you can't really make too much in the short term unless you have a really nice rig and low electricity. But it is far more profitable than mining other coins because of thea sic resistance.

[Anonymous No.24835608]

>>24835587
I can make it go to zero if you want me to.

[LebAnon No.24835623]

>>24835579
progressively more fragile
goddammit man that is hilarious

[Anonymous No.24835647]

>>24835608
come on larp fag, let's see what you got.

[Anonymous No.24835662]

>>24835608
Try it

[LebAnon No.24835673]

>>24835608
right
please do mate please fucking do
while you're at it fix the economy, prevent the imminent crash of the current monetary system and idk whatever delusional thoughts you have

[Anonymous No.24835715]

>>24835647
i'll describe the attack I have in mind.

>iterate over every node in the network
>for each instance connect to every node
>fill up inbound connection slots with zombie connections
>request blocks forever
by virtue of not having to verify any blocks you can do resource exhaustion on the entire network pretty easily, the p2p layer is trash, you can choke it out really easily if your implementation is more efficient and you don't need to verify any block headers.

[LebAnon No.24835758]

>>24835715
hey I have an attack in mind
why don't you chortle my balls
XMR is the true vision Satoshi had

[Anonymous No.24835767]

>>24835715
hurry up and do it pleb. Monero is mooning. You larping cunt.

[Anonymous No.24835784]

>>24835758
xmr could've been satoshi's vision but the developers are retarded so it has plateaued

[LebAnon No.24835840]

>>24835784
alright
I live by a saying
either do shit or don't
you know how they say those who can do and those who can't teach?
instead of teaching you're throwing conjectures
break XMR
https://securityboulevard.com/2020/09/can-you-crack-monero-irs-offers-625000-bounty-for-anyone-who-can-break-privacy-of-cryptocurrency/
make 600K
or implement Satoshi's vision
or make your attack
or stop larping

[Anonymous No.24835890]

Good points, OP.
I have been exchanging btc for xmr every time I see xmr in the red (in relation to btc). I'm using changelly for the trades.

[Anonymous No.24835938]

>>24832890
transactions would be huge

[LebAnon No.24835948]

>>24835890
nice
hope you stacked up a good unknown amount

[Anonymous No.24835986]

>>24835608
the only thing going to zero is the number of girls youre gonna have sex with before you die

[LebAnon No.24836005]

>>24835986
lmao

[Anonymous No.24836132]

>>24835715
You are clearly a larping fag. But if you are not, you can disclose the information to Monero and actually improve the protocol and probably land a gig out of it. That's how grassroots communities work. Or you can be a glownigger I really don't care. Any attack like this would be solved fairly quickly, whether you believe it or not.
Monero has been dealing with sybil attacks for the past two months. All that's happened is it has strengthened the protocol.
There has been 51% attack disclosures in the past etc.
>>24835784
But this is why it's obvious you are full of shit.
Random X, Dandelion ++, and CLSAG are each big deals, and adoption has never been greater. Saying Monero has plateaued is pants on head retarded.

[Anonymous No.24836148]

>>24828235
PirateChain is better

[Anonymous No.24836218]

>>24835938
right. is there any way to fix that?

[Anonymous No.24836234]

>>24836132
this isn't a smart attack at all, it's a resource exhaustion attack. it only works because monero's p2p code is dogshit. it's far easier to bring the network to its knees than to fix it. the amount of code cleanup required to do that is insanity.
i cannot think of a clean way to mitigate such an attack without hardforks and flag days because this looks the exact same as a new node coming online syncing the chain.

[LebAnon No.24836256]

>>24836132
preach my man
this is what it's all about
and yes indeed
https://edge.app/blog/monero-development-update-dandelion/
I still am amazed as to how committed and based the community is
we're all gonna make it

[Anonymous No.24836266]

>>24836234
Do it then

[Anonymous No.24836284]

>>24835758

[Anonymous No.24836292]

>>24836266
i don't have a botnet to launch this attack on as i am not a script kiddie.

[Anonymous No.24836348]

>>24836218
for a while i've been wondering if we could have a crypto where every transaction is first sent to the genesis address, mixed, and then sent to the receiving address. amounts are hidden, and so it's impossible to isolate any one transaction. coins are fungible because every coin you receive originates from and is signed by the genesis address. might be retarded

[LebAnon No.24836351]

>>24836292
no you are not a script kiddie
I'd abbreviate it to skid, you know like the ones I leave on the toilet bowl after I take a shit lmao

[Anonymous No.24836360]

>>24835035
What are PMs?

[Anonymous No.24836405]

>>24836360
shiny rocks

[Anonymous No.24836417]

>>24836292
yeah your are a delusional schizo. probably a tourist from the xrp gens.
okay, keep living in your fantasy world that these attacks haven't already been considered. There are a lot more powerful adversaries against Monero than some overweight neckbeard who wants to pretend like he is intelligent.

[Anonymous No.24836441]

>>24836417
I am only posting this here for historical purposes, your input on this matter is not important.

[Anonymous No.24836447]

>>24836348
sounds like it might have a single point of failure at the genesis station. how bout a crypto where its sort of like proof of stake but the node operator can pay the fees of transactions and would earn interests just by holding it because of his incentive

[Anonymous No.24836513]

>>24836360
You can purchase significant amounts of gold silver platinum and rhodium without having to report the transaction to the government
You can make those purchases using decentralized assets
https://www.apmex.com/now-accepting-bitcoin

[Anonymous No.24836525]

>>24836447
also i would call my original idea "Wallit"

[Anonymous No.24836561]

>>24835212
Same with any fiat retard

[Anonymous No.24836718]

>>24828877
monero honestly transacts faster than any other digital currency i've used for actual purchases. on top of that the tx fees are hilariously low for PoW. adoption aside it's my most preferred means of paying currently.

[Anonymous No.24836799]

>>24836513
Still gonna look weird when you sell a bunch of gold out of nowhere and instantly make it.

[Anonymous No.24836818]

>>24831340
first off, if you need to move your funds, connect to a working node and move that shit.
second, make sure the the block list is a .txt file and there are no typos. your node start command should look like this

monerod.exe --data-dir C:\ProgramData\bitmonero --rpc-bind-ip 192.168.x.x --confirm-external-bind --ban-list block.txt

[Anonymous No.24836902]

>>24834945
i'm getting 7800H/s on the same cpu, 3600 cl14 ram. try tightening your timings. definitely disable PBO and set your own all core OC if you haven't already; ryzen clock tuner does a good job of doing it for you.

[Anonymous No.24836927]

>>24835082
speak the protocol to the toilet before you flush rajeet

[Anonymous No.24837025]

What's the best wallet for Monero? I'm not interesting in light wallets or importing the block chain. So I guess the real question is GUI or CLI.

[Anonymous No.24837379]

>>24837025
https://getmonero.org is the official one it's pretty good, also there's https://cakewallet.io for mobile

[Anonymous No.24837499]

I have like 1 monero and honestly I dont think it will hit 1000 so soon, like in 5 years maybe.
All the rest is delusion..
It's just used to do flipping and buying kid on the deep web, in fact everyone who have 1 monero is a pedophile. I'm out.

[Anonymous No.24837515]

>>24831582
I have 2, might buy 2 more tho uwu !!!

[Anonymous No.24837517]

Fuck the cunt who got the monero.org domain and is using it to shill his shit
Wish the monero team could get it and not have to rely on getmonero.org

[Anonymous No.24837677]

>>24837499
this sentiment reminds me of when everyone was saying this about bitcoin but it was
>internet drug money, pfft!
>>24837517
lol seems someone is ddosing that site right now. super laggy
maybe they will sell soon

[Anonymous No.24837992]

>>24837517
Monero team actually explained why they haven't taken the address back. Apparently the guy was demanding a $500,000 ransom to give the domain to them, so they decided to just ignore him.

[Anonymous No.24838488]

I've recently started using XMRig to mine. With a hashrate of ~6400, when should I first see any currency at all in an empty wallet (just to make sure I've set it up right)?

Also, I'm using the command line - is there an easier way that you miners normally use?

[Anonymous No.24838539]

>>24838488
(I'm in a pool btw - no I'm not retardedly trying to solo mine))

[Anonymous No.24838569]

guys im holding monero and i have a problem, im way too comfy

[Anonymous No.24838628]

>>24838539
You can check on the pool's webpage by entering your payout address
Some also let you edit the payout limit
After about 6 hours you should see some decimals appearing

[Anonymous No.24838707]

I'm getting 1200H/s on a 2700x, what am I doing wrong?

[Anonymous No.24838849]

>>24838628
Much appreciated.

[Anonymous No.24838999]

>>24836799
You are missing the point
You have an investable asset and a worldwide payment standard with no interaction with government or fiat
You can buy a house, a car, land with gold
You can take gold and exchange it for fiat for groceries, electricity, alcohol

With XMR and precious metals you have the personal option to do business with the state on their terms or exclude yourself from their interaction if you view it as fundamentally unfair to you

[Anonymous No.24839276]

>>24838849
No prob, god I miss the days of mining 0.5XMR/month on my vega56.

>>24838999
>You can buy a house, a car, land with gold

Nope, still have to transition to fiat as it's the only legal tender.

And how about payments in crypto to the gold sellers?
I guess it's taxable as if you were converting to fiat yourself, although might be a feasible grey area path

My plan if I make decent gains is to buy bullion and then pay my taxes when selling that, but at some point someone will ask how I obtained said bullion

[Anonymous No.24839325]

>>24838999
Interesting, I didn't know people were out there buying houses with gold like medieval autists but I like it.

[Anonymous No.24839522]

>>24839325
Literally anything is negotiable.
Goods
Relationships
If you provide enough value, you can make your life as you please

[Anonymous No.24839523]

>>24835082
do it faggot. you don't have shit.

[Anonymous No.24839535]

Good thread anon.

[Anonymous No.24839593]

>>24835579
you're 100% retarded and probably can't write any useful piece of software.

t. https://www.getmonero.org/2020/07/31/clsag-audit.html

[Anonymous No.24839739]

Bump xmr crashing

[Anonymous No.24839960]

>>24839739
>2.9%
Whole market is down.

[Anonymous No.24840190]

btc isn't

[Anonymous No.24840301]

>>24839739
this is probably one of the last buy opportunities before alt run.

[Anonymous No.24840450]

>>24839739
>>24840190
Going up every day is never a good sign. Look what is happening to ripple for example. Monero didn’t pump during the alt coin pump and then when the entire markers was bleeding (the past three weeks) Monero has gained. This is the first slow down in a while, but it’s healthy and it looks like we are already rebounding.
Monero is still the best performer on the 7 day.

[Anonymous No.24840589]

>>24828235
Blessed thread. I didn't think I could be any more comfy with a four figure but [unkown amount] of monero, but OP found a way.

To privacy, sovereignty, and fungibility. Cheers OP.

[Anonymous No.24840726]

>>24840450
monero isn't an outright scam like ripple though, of course xrp isn't a stable market, bitconnect wasn't either

[Anonymous No.24840858]

>>24838488
How do you get this high hashrate. I have a macbook pro (i9 processor with 8 cores) and can barely pull 1200 while the fan is going crazy. Surely I must be doing something wrong.

[Anonymous No.24841657]

>>24840858
lol dont use a shitty laptop cpu thats how, even low end ryzen desktop chips pull 4-5kh

[Anonymous No.24842943]

Fuck with ALIAS, it's Monero on crack and also offers stealth and mobile staking. Fuck yall. Imma wip dis hoe.

[Anonymous No.24842964]

>>24842943
Oh god it's a new scam coin. Go fuck yourself pajeet

[Anonymous No.24842997]

>>24842943
pathetically unfunny

[Anonymous No.24843028]

>>24842964
fuckin look at the tech before blurtin scam you fuckin numbnut pirate hooker.

[Anonymous No.24843102]

[Anonymous No.24843338]

>>24843028
Seething tranny

[Anonymous No.24843499]

If I don’t want to use Monero can I just buy it on an exchange and hold onto it for a few years or do I need to access it specially?

[Anonymous No.24843715]

>>24843499
Yes.
Just make an address that only you have the seed for.

[Anonymous No.24844112]

Welp I'm aping in. It's the 15th and I got 3 checks today. I'm thinking onramp with bisq.. $ to btc to xmr. Get a gui wallet.
>Am I missing anything?
>Should I stake some on an exchange to get a return?

[Anonymous No.24844305]

>>24828235
XMR is dead. Imagine holding these useless bags instead of both better spec and better catalysts that is EPIC (10x especially with ECR coming in Q1)

DYOR.

[Anonymous No.24844318]

>>24844112
Don't stake, anon. It's contrary to the purpose of cryptocurrency, which is its trustless nature. Cryptocurrency only really explodes in value when widespread trust in institutions fails, which is exactly when you don't want some exchange to have control of "your" funds.

[Anonymous No.24844415]

>>24844305
i heard epic cash might be a scam according to that deadcoins website, but i'd dyor on that

[Anonymous No.24844496]

>>24844305
Yea I DMOR and decided that I want you to Open your mouth so I can use it as a launching pad. How you ask? Well it's simple if you ask me. I will lock my butt into position and your lips will give good enough suction to keep my butt in place. Then your tongue will insert my anus and then the 10 second count down will begin. At 0, my butt will thunderclap with an explosive, EPIC booster fart and then we are off to the races! Only going to the moon from there on. The rest is history.

[Anonymous No.24844859]

Why buy XMR when 500K BTC is certain! https://youtu.be/-U88W7dfepE

[Anonymous No.24844994]

>>24828235
Sorry to break it to you but Monero is just a fork of Bytecoin that can be tracked. Use PRV or 0x.Monero instead.

[Anonymous No.24845087]

You can eat bugs OP and keep shilling your trash, or buy Sentinel.

[Anonymous No.24845088]

>>24844994
nope. 0xmonero is still vaporware bullshit
just like the last hundred times you spammed it
shut up
https://www.reddit.com/r/CryptoMoonShots/comments/i27fhk/0xmonero_summary_of_findings/
>>24755504

[Anonymous No.24845092]

@24844994
we really need flags

[Anonymous No.24845177]

>>24845092
how would you feel if the 0xmonero guy's flag was uk?

[Anonymous No.24845559]

What's a suicide stack for XMR? I can afford 20 right now, 50 by Jan

[Anonymous No.24845857]

>>24845559
100

[Anonymous No.24845880]

>>24845857
>>24845559
1

[Anonymous No.24846101]

>>24844305
>XMR is dead
>transactions tripled in the past year
haha okay anon go play with your erc 20 token while the big boys talk about the future of money, mmkay?

[Anonymous No.24846139]

>>24834105
>noone is interested in playing price discovery with Monero
I am interested. Oh, and "noone" isn't a word, you 'stupid nigger'

[Anonymous No.24846252]

>>24828235
You can’t store xmr on ledger safely right?

[Anonymous No.24846370]

>>24846252
yes you can but you need the GUI wallet

[Anonymous No.24846398]

>>24845177
>bongistan
wellp

[Anonymous No.24846427]

sentinel is the only /biz scam with actual revenue

[Anonymous No.24847303]

Does anyone know how to avoid the 1% XMR rig config fee? I have zero coding experience but you apparently need to compile it yourself and edit out the forced fee they have implemented in the program.

[Anonymous No.24847523]

Kraken member here who bought xmr at 290 with delusions of it buttfucking ethreum and going to the moon holding hands with bitcoin instead plummeted down to 130? Out 2k! I'm a blue collar boy who also got bent on ripple purchasing it at 45 cents with more delusions of it reaching 5 bucks sooo at least I'm even with ripple now considering its above 45 but monero just irks me! Cuz im in the negative but now since I'm reading this thread I'm strongly contemplating buying more because it seems to me that my faith in its privacy and presence makes it a long reward worth seeing pan out but If it gets to that it means that our economy has pretty much gone to shit and money is not important anymore moire like water and gas and shit....

[Anonymous No.24847701]

>>24835715
>i'll describe the attack I have in mind.
>>iterate over every node in the network
>>for each instance connect to every node
>>fill up inbound connection slots with zombie connections
>>request blocks forever
>> node owners block your requests
problem solved.

[Anonymous No.24847822]

>>24846370
Not true,

>./monero-wallet-cli