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25350463 No.25350463 [Reply] [Original]

Welcome to the Monero General, dedicated to the discussion of the world's leading decentralized p2p privacy cryptocurrency!

Monero is secure, low-fee, and borderless, meaning users can send XMR around the globe despite corrupt governments or broken financial systems. Innovative privacy features such as Ring Signatures, Stealth Addresses, and Ring CT (hidden tx amounts) ensure that Monero's blockchain is obfuscated -- the financial history of all Monero users is encrypted from the prying eyes of adversaries on a public blockchain, with the proof of the transactions being possible by a Monero user willingly providing a view key for a specific transaction if needed.

Monero has also improved upon the scaling downsides of the current popular cryptos. To avoid high fees, dynamic block size ensures that the size of the blocks will increase as the amount of txs goes higher. Further, the mining network algorithm Random X establishes that anybody with a CPU can participate in mining, preventing the ASIC miner domination that creates a high barrier of entry. Lastly, the mining network will be preserved by Tail Emission -- instead of the block reward falling to zero like with Bitcoin, the block reward will gradually approach 0.6 XMR in May 2022, where it will forever stay. This constant linear inflation means the inflation rate will asymptotically go to zero while continuing to provide an incentive to miners to maintain the network.

If you still have questions, feel free to ask and a Monero Chad will be with you shortly.


OFFICIAL WEBSITE - https://web.getmonero.org


WHERE TO GET MONERO?

>KYC:
Binance
Kraken
Bitfinex

>Non KYC:
Local Monero
Morphtoken
Bisq
Kucoin
Tradeogre
Crypto ATMs
see: kycnot.me

>Mining
https://archive.is/TWOah


HOW TO STORE MONERO?

>Desktop
Gui/Cli (recommended)
MyMonero
Exodus
Feather

>Mobile
IOS: Cakewallet
Android: Monerujo
NOTE: MYMONERO FOR ANDROID IS A SCAM. DO NOT DOWNLOAD ON GOOGLE PLAY.

>Cold Storage
https://archive.is/DEfsP

>> No.25350560

https://www.scmagazine.com/home/security-news/malware/new-golang-worm-turns-windows-and-linux-servers-into-monero-miners/

>> No.25350800
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25350800

https://youtu.be/VNfhIY5-63I

>> No.25350828

>>25350463
>Welcome to the PirateChain General

>> No.25350978

I'm looking to build some miners, is there any way to build a monero mining rig? High end cpus will never be profitable and you can't really stack multiple cpus in a rig

>> No.25351028

>>25350828
trusted setup, 0 adoption. fuck off

>> No.25351031

>>25350828
Why do you shill your random shitcoin here?

>> No.25351509

If you're using the Monero GUI Wallet, please update to the current version (0.17.1.8).

>> No.25351633
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25351633

>>25350978

There certainly is! And over time, even at the current price (IMO super undervalued) you can turn a profit.

reddit is gayer than freddy mercury, but /r/MoneroMining has everything you'll need to explore that path.

>> No.25351750

The XMR community feels a lot like the early crypto community in 2014.

FeelsGoodman

>> No.25351898

>>25351750
This is what I'm seeing. Can anyone provide some serious FUD on Monero? At this time I'm not seeing any downsides to going all in and discarding the rest of the shitcoin world.

>> No.25351949

>>25351898
There isn’t much of a downside.

It’s just a “how much potential shitcoin upside are you willing to trade for relative stability/privacy”

I’ve yet to hear any substantive Monero fud in all the years I’ve held it.

>> No.25352174

>>25351898
>serious FUD
No such thing. The best they can is
>muh exchange ban
>muh IRS reward
>muh infinite supply

>> No.25352344

>>25351898

>This is what I'm seeing. Can anyone provide some serious FUD on Monero? At this time I'm not seeing any downsides to going all in and discarding the rest of the shitcoin world.

Pretty much the primary FUD you'll hear is that privacy coins are doomed to be regulated into illegality. However, even if, say, XMR was eventually banned (and thats a big IF), the advent of atomic swaps means exchanges become irrelevant and no longer necessary.

In other words, you'd literally have to ban BTC as well in order to hinder XMR trading. Not to mention banning XMR would effectively be the government admitting Monero works so they don't want anybody using it, you couldn't buy that kind of endorsement.

>> No.25352449

>>25352174
This!

I think there is reasonable FUD to be had here: if XMR becomes a household name, it will become public enemy #1 for the taxman, the financial sector, and anyone else who doesn't want people to have total privacy and ownership of their money.

There will always be a struggle between the state's desire to consolidate to increase its own power and the rights of the sovereign individual. If you side with the latter and begin to use XMR, you've gotta be comfortable with the idea that powerful people won't like it. The Monero Devs will always be fighting to stay a step ahead of the latest attempts to compromise the network's security.

It's a free country and if an investor doesn't have the stones to bet on an uncertain future, they don't have to (and they most certainly don't belong in crypto).

>> No.25352461

You cant fud monero.
If the government bans it, price go up.
If the government embraces it, price go up.

>> No.25352569
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25352569

>absolut with the ice let's get hammered

>> No.25352712

https://youtu.be/EubliC7xzHM

POV: It is 2080 and you are a cute young woman who runs into an XMR early adopter on your way to a meeting.

>> No.25352723

>>25352569
well okay then.

Cheers, drunkanon

>> No.25353191
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25353191

>>25351750
You mean nobody around to call you pajeets out?

>> No.25353216

>>25353191
we have the 0x deboonker

>> No.25353245

>>25353216
Nothing but yet another pajeet shilling his shitcoin. It’s no surprise he feels right at home in this threads

>> No.25353322

>>25353245
what are you even trying to say lmao? esl I'm guessing?

>> No.25353381
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25353381

privacy protected

>> No.25353449
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25353449

>xmr thread

>> No.25353562

fuck we need a dip to 100 so i can accumulate m0ar

>> No.25353599

>>25353562
stfu we're at fucking 0.0055 btc fuckkkkk going lower

>> No.25353601

>>25351898
the most legit FUD is the same FUD bitcoin had 5 years ago
its used by drug dealers and pedophiles and governments will ban it and it will crash

>> No.25354118
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25354118

>>25353449
I wait for your post every time :)

>> No.25354225

>>25350463
Cracked shitcoin. Gonna be illegal and crackable. Fagoot

>> No.25354380

>>25354225
>Cracked shitcoin. Gonna be illegal and crackable. Fagoot
t. 0xMonero investor

>> No.25354543

>>25354225
Pajeet go back

>> No.25354696

>>25354225
t. crack smoker

>> No.25354795

>>25354225
fudders be like: it's gonna get banned because it's too private! while simultaneously saying: it's been cracked and isn't private! fucking lol get your narrative straight.

>> No.25355064
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25355064

>>25350463
Just bought 3 XMR on localmonero. Am I gonna make it?

>> No.25355102
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25355102

>>25350463
Hello, how should my dog go about obtaining an ((unknown)) triple digit sum of Monero? In Minecraft my dog prefers to trade USDC for XMR on a non-KYC exchange like Swapspace, but I think this time she would rather not be gouged by their fees for such a large purchase.

>> No.25355130

>>25355064
No but it's a good first step.

>> No.25355225

>>25355064

>Just bought 3 XMR on localmonero. Am I gonna make it?

Buy at least 47 more.

>> No.25355322

>>25355225
ok

>> No.25355340

>>25355064
You have your foot in the door

>> No.25355368

>>25355102
Any decent exchange

>> No.25355377

>>25355102
My dog installed Bisq, but she is holding fiat and the authorizing signatures required to deposit enough fiat will take too long to approve. She heard Kraken is a viable alternative, but she is unfamiliar with their fee structures.

>> No.25355429

>>25355102
Kraken is okay

>> No.25355440

hey XMR guys, XSNfag here, just wondering if Monero is on lightning network yet. I think XSN and XMR have a lot of similar values and are creating something that will leave governments ass blasted and our funds with stay safu.

>> No.25355448

>>25355102
>>25355377
Kraken and *Bitfinex*

>> No.25355475

>>25355064
You bought an unknown amount fren.

Rule Number Uno, never let no one know
How much dough you hold cause you know
The cheddar breed jealousy

>> No.25355492

>>25355475
Isn't this an anonymous BBS?

>> No.25355612

I want to cash out some ETH into Monero but I don't like the look of the automated exchanges
>send us ethereum to this address with no transaction history and we'll send you monero

Can any anons confirm that the automated exchanges won't just take my ETH?

>> No.25355706

>>25355612
Depends on what exchange it is

>> No.25355791

>>25355706
Swapswop and Fixedfloat
If any anons have used them, can you post the address that you sent the bitcoin/monero into?

>> No.25355827

>>25355791
fug, meant to write ethereum instead of monero

>> No.25355851

>>25355612
I would honestly just convert it to BTC first then use xmr.to or bisq. ETH>XMR isn’t a common swap just yet.
Fantastic time to sell eth for xmr though.

>> No.25355872

>>25355377
kraken takes 0.16% maker and taker fees if I remember correctly, binance takes 0.1%. Binance has no KYC depending on your circumstances.

>> No.25356257

when is this garbage going to moon?

>> No.25356286

>>25356257
Tax season

>> No.25356927

what's a suicide stack for xmr?

>> No.25357353

>>25355492
Indeed it is

>> No.25357423
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25357423

>>25356257
XMR doesn't moon. It steadily appreciates in value over time. >>25356927
An unknown amount.

>> No.25357631

>>25355492
no, it's a honeypot. tax niggers are logging the ip you posted that from and correlating it to the times of recent purchases on localmonero. But they don't care about that amount of money anyway, I think it's ~$10k where they start caring.

>> No.25358557

>>25357423
WHAT'S A SUICIDE STACK FOR XMR?

>> No.25358578

>>25358557
2

>> No.25358664

One reason I never got into this shit back in the day is because John McAfee shilled it hard. I think he's a particularly slimey individual and a bit of a prick hence what put me off.
Is he involved with the project at all or just a cheerleader? I feel like i should steer clear of anything he touches

>> No.25358716

>>25358664
he is the owner of the australian company that makes monero

>> No.25359280

>>25358716
>>25358664

He's also the author of the cryptonote protocol.

>> No.25359359

>>25358716
>>25359280
ah shid. the fact that he used to get paid to shill random shitcoins on twitter is a big red flag for me. not to mention he paid hookers to shit in his mouth kek

>> No.25360397

>>25358664
he has literally nothing to do with the devleopment of Monero lol
>>25358557
An unknown amount

>> No.25361064

>>25352449
>This!
Go back.