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25420187 No.25420187 [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.25420257

>>25420187
LOL @ paper hand niggers that sold the FUD, thanks for the cheap XMR.

>> No.25420317

I only have 2 XMR.
I'm not gonna make it, but at least in 2022 when they are 1k each I'll have 2k to spend on crack cocaine and heroin on the darkweb.

>> No.25420329

Why is it not following the other top cryptos atm?

>> No.25420341

>>25420257
I didn't sell, but this has done an absolute number on me
it was clearly being readied for a pump yesterday morning until the Kike bastards at bittrex pulled it. Was going to sell the top then buy some dogecoin
now dogecoin has already mooned ffs

>> No.25420380

>>25420329
It's too easy to just swap when you wanna spend bitcoins privately. However, when bitcoin stops mooning and turtles at 100k, monero will slowly follow.

>> No.25420419

Bought BTC to swap into monero but then it started pumping so I rode it out and got to increase my stack. Hopefully alts pump soon.

>> No.25420457
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25420457

Jesse Powell (CEO of Kraken) says that Bittrex's delisting of Monero has nothing to do with regulations
>>25420257
$130 is a damn good deal

>> No.25420478

crypto is dead, statist bankster co-opted trash. If xmr fails crypto fails. The next few weeks are unironically critical.

>> No.25420509

>>25420380
Now that's gonna be fun to watch

>> No.25420532

>>25420478
Long term XMR will increase in value. The longer bitcoin exists and becomes utilized the longer it will be scrutinized by governments and the demand for privacy coins will increase.
Just hold until 2030, XMR will moon, but so will Bitcoin so don't forget to hold more than one bag.

>> No.25420542

>>25420478
>The next few weeks are unironically critical.
how so? This is a long hold and dark net adoption is now starting to swing in our favor. We are slowly building a user base and gaining recognition, and this time next year we should have atomic swaps.
>>25420329
We're decoupled from the market most likely

>> No.25420579
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25420579

>>25420317

Those 2 XMR could be worth $80K someday.

>> No.25420625

>>25420187
Daily reminder that nobody uses monero except darknet pedos and drug cartels. Holding monero should be shameful for any person of good character.

>> No.25420718

>>25420625
*and the (((City of London))) and (((Switzerland))) et al

>> No.25420745

>>25420579
Don't worry the crack cocaine part was a joke. I am never going to spend my monero. I plan to buy more soon when my debt is fully paid off.

>>25420625
One day they will store a large part of their fortune in Monero and we can dump all our bags on them to shrink their fortune. We are doing a good thing long term.

>> No.25420871

>>25420625
>basing your concept of good character on use of financial systems built by the global elite
>voicing that opinion on a crypto board

NGMI

>> No.25421050

>>25420542
>how so? This is a long hold and dark net adoption is now starting to swing in our favor. We are slowly building a user base and gaining recognition, and this time next year we should have atomic swaps.
yea I know, just sad to see what this space has come to. I'm not selling though, I'm deep in profit.

>> No.25421248

>>25420625
>Daily reminder that nobody uses Bitcoin except darknet pedos and drug cartels. Holding Bitcoins should be shameful for any person of good character.
"some anon on 2010"

>> No.25421825
File: 133 KB, 724x1024, The-Enemy-is-listening-Final-Monero-724x1024.jpg [View same] [iqdb] [saucenao] [google]
25421825

>> No.25421827

bump

>> No.25421918

>>25420625
>if you use this tool you are bad
oh look, a retard.

>> No.25422003

>>25421050
>yea I know, just sad to see what this space has come to.
That's why I love Monero so much. We are continuing Satoshi's vision and not cucking to institutions or the state.
In the short term it might mean our number won't go up as much, this is true. But that gives us time to stack.

>> No.25422054

>>25422003
based and correct

>> No.25422140

>>25420317
My issue is different. I do have more XML than you, but I keep using them to buy 2C-B... So you may actually end up richer than me in the end.

>> No.25422196

*XMR

>> No.25422700
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25422700

>>25420187

>> No.25423088
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25423088

>absolut with the ice let's get hammered

>> No.25423229
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25423229

im not scared monero bros.
because i believe in monero fundamentals so much i KNOW (((they))) will attack it, they wont allow us to be our own banks, to manage our own money.
Dark times are coming monero bros, times of FUD, times of delisting, times of weak hands capitulating.
But yet i am not afraid, i know these vicious attacks will only make us stronger in the long run.
Peace

>> No.25423557

>>25420718
>>25420745
>>25420871
>>25421248
>>25421918
You cultists are so pathetic. I’ll be celebrating while your shitcoin gets more and more marginalized by the rest of the crypto community. Hope you have enough to buy a rope when monero crashes to 0 while everyone else is making millions.

>> No.25423796

>>25420625
Thats why its the only crypto that holds any value apart from scamcoins.

>> No.25423846

>>25423796
>holds value
>is one third the price of itself 2.5 months ago

pick one brainlet.

>> No.25423855

>>25423557
Good bait but fudding Monero on 4chin won't bring it down to $140, it has too much adoption

>> No.25423857

>>25423557
Ahahahaha welcome to our thread retard. Your shitcoins will be btfo nigger it's only a matter of time.

>> No.25423952

>>25423846
we have 3x'ed in the past 365 days retard.

>> No.25423957

>>25423557
You're either late to crypto or you've lost your principles.

Bitcoin was special precisely because it claimed to offer normal people the ability to transact privately, outside the influence of the corrupt institutional forces who have consistently trampled individuals in the service of consolidating their power and wealth.

Over time it's become clear that btc failed to live up to that promise. Now it's just another speculative asset, regulated and manipulated by the elite.

Monero is a tool, not a commodity. Call me a fucking cultist because I want ownership of my wealth with no strings attached. I'll call you a spineless cuckold.

>> No.25424027

>>25423952
no the fuck you have not.

it's actually down 4x from last year.

try harder to think next time.

>> No.25424126

>>25423229
rare pic

>> No.25424128
File: 55 KB, 828x681, nigga.png [View same] [iqdb] [saucenao] [google]
25424128

>>25424027
Idk what shitcoin you think you're talking about but this is the Monero thread

>> No.25424214

>>25424128
What kind of fucking inbred potato still evaluates their fucking 'net worth' in us dollars?

that shit lost about 15% of its purchasing power as well last year.

baka fuck-for-brains pricing their personal worth in used cars like no fucking shit you can buy more fucking garbage year in and out.

get this through your brainlet egg shell of a sister-fucking skull.

There is ONLY ONE index that matters. and it's certainly NOT the long-since aborted remains of some non-important jurisdiction in some fucking one off fly over shithole.

>> No.25424327

>>25424214
>hurr muh bitcoins
USD is shit but it's still the standard whether you like it or not. I can't buy McDonalds with Bitcoin. It's just the pet rock bankers will stash their money in until it's time to dump on you

>> No.25424372

>>25424214
>all that projection
kek the maxis are scared. We'll be seeing you in a few weeks when Bitcoin is dumping and Monero isn't dumping as much proportionally because we are decoupled form your coin. We'll see how you are feeling then maxipad.

>> No.25424428

>>25424327
Also, yeah I know it's hypocritical to point this out because Monero still isn't a name 99% of the world will recognize but adoption will eventually come because it is a useful payment platform as well as private

>> No.25424485

>>25420187
how to swap wth to XMR completely anon?
asking for a friend btw

>> No.25424533

>>25424485
eth to xmr

>> No.25424556
File: 95 KB, 1542x902, monero node status 20201230b.png [View same] [iqdb] [saucenao] [google]
25424556

'm not going anywhere

>> No.25424589
File: 164 KB, 1555x896, monero miners 20210102a.png [View same] [iqdb] [saucenao] [google]
25424589

>>25424556
arg wrong pic

>> No.25424609
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25424609

Daily reminder that Monero is poised to become the reserve currency of the global shadow economy and is already replacing BTC on the darknet while making inroads into the e-criminal sector in general.

>Bitcoin is too hot for criminals. They're using Monero instead
https://money.cnn.com/2018/01/03/technology/bitcoin-popularity-criminals-monero/index.html

>Crooks opt for Monero as crypto of choice to launder ill-gotten gains
https://www.theregister.com/2018/03/16/cyber_crime_economics/

>Darknet Giant White House Market Drops Bitcoin, Supports Monero Payments Only
https://news.bitcoin.com/darknet-giant-white-house-market-drops-bitcoin-supports-monero-payments-only/

>Monero replaces Bitcoin for Sodinokibi Ransomware operators
https://www.cybersecurity-insiders.com/monero-replaces-bitcoin-for-sodinokibi-ransomware-operators/

>Why Malicious Hackers and Cyber attackers Love A Cryptocurrency Called Monero
https://analyticsindiamag.com/monero-cryptocurrency-hackers/

>$7.5M in Monero Demanded in Alleged Cyber Attack on Argentinian Telecom Giant
https://www.financemagnates.com/cryptocurrency/news/7-5m-in-monero-demanded-in-alleged-cyber-attack-on-argentinian-telecom-giant/

Considering that the global shadow economy is valued in the trillions of dollars, if just a portion of that ends up in Monero's marketcap that is still HUNDREDS of billions of dollars.

>> No.25424855

>>25424214
go back to plebbit please, this is exactly what I was referencing above.

>> No.25424857

>>25420625
you ever used cash before?

>> No.25424901

>>25424589
based and XMRpilled

>> No.25425015

>>25420532
>Just hold until 2030
What about quantum cpu

>> No.25425054

>>25425015
what about encryption algorithms that are made on a quantum cpu?

>> No.25425242
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25425242

>>25424589
Based fellow minerbro

>> No.25425339

>>25420718
yea he mentioned pedos and druglord already

>> No.25425946

>>25425015
>>25425054
Qbits work REALLY for certain applications, but not here. Even Google's 51 qbit quant is mostly billshit and boiled down to a random number generator. Who knows if there'sa breakthrough in the space by 2030, but it is not something that makes me worried about my stack.

>> No.25426499
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25426499

>>25420187
So you missed the Bitcoin train? No sweat. The recent FUD is a gift, use it wisely. Eventually when the normies find out 5 years from now that blockchain analytics can track every single microtransaction on the BTC ledger and that governments are coming after them for taxes they owe on a 2 dollar candy bar it will be game over. The realm of privacy coins will explode and the flood gates will open into most privacy projects.

And what's great about Monero is it still has a very scarce supply, so getting 5-10k USD of it now is probably a huge wad of digital cash in the future.

I'm currently buying up XRP and Monero because I think both projects are undervalued right now and have massive upside.

XRP only because I think it's the bankers new global payment system and Monero for reasons I've already stated.

>> No.25426547

what's the best way to turn my UNI into XMR everyone ignored me in a previous thread >:[

>> No.25426686
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25426686

Long live Monero

>> No.25426752

>>25426547
turn the uni into eth and you can pretty much use any swap service.

>> No.25426910

>>25426752
yeah this and use morphtoken or an exchange
>>25426499
why would you be stacking that centralized scam kek

>> No.25426995

>>25426910
>why would you be stacking that centralized scam kek
lol I know, it is a centralized "scam" but I believe bankers are going to use it for global payments. The schizos are right, all the members are in bed with WEF, IMF, big banks and they've got so much say in things that I think it's going to eventually reach 100 bucks a pop. But make no mistake, I'm only purchasing Xerps to get rich, Monero's an actual valuable coin with incredible fundamentals.

>> No.25427010

>>25426910
Fiat is a centralized scam and it dominated the planet for 300 years. If you can’t beat them, join them. XMR and XRP are the perfect hedge of decentralization and censorship resistance against control and centralization. Only a retard wouldn’t prepare for both outcomes.

>> No.25427072

>>25426995
>but I believe bankers are going to use it for global payments
no they won't. central banks may develop their own blockchain digital currencies but ripple will have nothing to do with it.
it's a pump and dump scam anon. They championed how important compliance is and now they are getting in legal trouble and delisted everywhere. Dump while you still fren.

>> No.25427192

>>25427010
You're retarded. Go back schizo

>> No.25427292

>>25427010
how can you say that ripple is decentralized? That’s just laughably absurd.

>> No.25427587
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25427587

>xmr thread

>> No.25427999

>>25427292
Learn reading comprehension. He's saying by investing in XRP you're hedging against banks succeeding in using it to take control of the global payment methods while also investing in Monero is the other side of that coin: pure decentralized private transactions. It's a bullet proof strategy.

>> No.25428329

>>25426499
>>25427010
this is how i know monero is doomed
schizos that are holding monero is unironically holding xrp too
>>25427999
you might as well gamble at the roulette table and bet on black and red

>> No.25428447
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25428447

>>25426752
>>25426910
thanks frens, ive been waiting for a time to make the swap happen and there's no better time than now while uni is up and xmr is down.

>> No.25428500

>>25427010
hedging your bets includes precious metals. gold and silver cannot be ignored.

>> No.25428867
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25428867

>>25427587
Henlo fren

>> No.25429061

>>25428500
Agreed
>>25428329
Do you even know how retarded the comparison is? How could you compare emerging markets (nearly infinite upside percent-wise) with a negative-sum game?

>> No.25429491

>>25424214
>What kind of fucking inbred potato still evaluates their fucking 'net worth' in us dollars?
>that shit lost about 15% of its purchasing power as well last year.
okay, now evaluate the purchasing power delta in the past year
>it's positive
that's right, sit the fuck down faggot and go pay your rent in btc (oh wait, you pay it in USD like everyone else)
KEKW

>> No.25429503

>>25427999
digits
I'm all in XMR because I believe in it. I don't want to fund a project that goes against my morals and values like XRPEEPOO. It's a good strategy, but I'm just not willing to pay those fuckers.

>> No.25429524

>>25427999
the only reading comprehension required is you schizo brainlets are trying to hype up your shitcoin bags in the xmr general. Fuck off.
You unironically think hedging against fiat with a centralized scam is a good idea. Yeah they took some pictures with some kikes. How's that working for you?

>> No.25429699

>>25429524
>Someone mentions a tangentially related topic in a thread on an anonymous Mongolian basket-weaving forum
New in town?

>> No.25430588

Bump

>> No.25431160
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25431160

who else is comfy as fuck?

>> No.25431168

>>25429061
yeah its almost as retarded as saying xrp is decentralized

>> No.25431363

>>25431168
Read the original post again. XMR is the decentralized aspect of the hedge while XRP is centralized.

>> No.25431603
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25431603

>>25431160
Same here anon, we know

>> No.25431863

Is 100 xmr enough to make it?

>> No.25431944

>>25431863
Depends on the country but if you’re willing to hold until November 2021 then yes. We will hit 0.1 BTC and BTC will be 250-300k

>> No.25431989

>>25431363
the original post said "if you can't beat them, join them" but then "XMR *and* XRP are the perfect hedge of decentralization and censorship resistance against control and centralization". Even taking into consideration the last sentence, the implication is that Monero and Ripple are on the same level, which is complete horseshit.
For the sake of not arguing some retarded sentence any further, let's just agree that the anon made the statement that Monero is a hedge against the banks and that Ripple is a hedge for centralization.
And that, anon, is FUCKING RETARDED. Ripple is a shitcoin scam and they are DUMPING THEIR BAGS ON YOU.
It's clear over the past month or so the refugees from ripple are coming into Monero. This is fine, we are happy to have more people learn about Monero. But any shilling for ripple is going to be called out by Monero chads because it is a scam that cucks for the exact opposite of what satoshi envisioned.

>> No.25432111

>>25431989
You’re a sad, hostile Anon. I’ve been mining XMR since 2017 and continue to support the network. My intent was clear from later posts if not in the original. I know we’re all gonna make it because of XMR so Godspeed.

>> No.25432203

>>25431944
Lol. No. Money Will pour from btc to xmr

>> No.25432210

>>25431989
And don’t fall for the anarcho-capitalist fantasy of the end of central banking. As long as countries exist, there will be nationally issued currencies. Maybe techno-egalitarianism is possible but it’s down the road. I admire the leaps in advancement that you desire but the reality is that everything takes baby steps. If we can get central banks to adopt SOMETHING as backing their currencies that isn’t as easily debased as the full faith and credit of x government, then it is a step in the right direction. XMR will always be the people’s coin. I’d be afraid for XMR to be in a banker’s hands desu

>> No.25432219

>>25431160
Based and Berwick pilled

>> No.25432349

>>25432203
I hope so too, but until they are live and functional we can only make rational projections based on the tech as it exists today. With atomic swaps, we could achieve parity and even superiority when BTC has its bear market.

>> No.25432732

>>25432210
>And don’t fall for the anarcho-capitalist fantasy of the end of central banking
I've never claimed for this to ever be possible or realistic. I'm just interested in having p2p digital cash. The usecases will fill themselves around this as adoption grows, sort of like with Bitcoin.
>but the reality is that everything takes baby steps.
agreed
>I’d be afraid for XMR to be in a banker’s hands desu
While it's true that Monero's community may eventually become infiltrated by lames who advocate censorship and cucking for feds because "number go up" (hey, sort of like Ripple), I don't think bankers investing in Monero would be a bad thing at all. Institutional money will absolutely see value in a cryptocurrency that is private.
These conversations are difficult because of Monero's power, and the beauty of Monero is that it will never go away. It'll just keep growing in adoption and fitting into the niche usecases of private transactions of value on blockchain. So yes, long term these are very exciting time.
>>25432111
the truth hurts but I'm trying to help you and others who are going to be bag holding. I'm honestly not trying to be a dick because ripple is a gigantic scam and all I see from their bag holders is delusion and zero use case.

>> No.25432805

>>25432732
I’m unironically in it for the low fees and great transaction times. To each their own I guess. The only thing that worries me about elites having XMR is that they will not be held accountable for how they leverage their wealth to shape the world in their image.

>> No.25432871

>>25432805
>elites having XMR is that they will not be held accountable for how they leverage their wealth to shape the world in their image.
are they ever?
But, and I'm sure you realize this anon, don't hate the player but hate the game. I foresee a future where digital privacy will be looked after with a premium, and once the stampede begins I will be comfy with my Monero. The low fees, transactions times, and scaling are just cherries on top of the beautiful concept of fungibility.

>> No.25432934

>>25432871
They are held accountable in the sense that there’s always an Epstein running interference for them. With XMR, it leaves fewer weak points in their money machines. Everything has its pros and cons.

>> No.25432954
File: 1.01 MB, 828x1792, blockfolio2.jpg [View same] [iqdb] [saucenao] [google]
25432954

just got xmr as my first holdings

>> No.25433046

>>25424214
>What kind of fucking inbred potato still evaluates their fucking 'net worth' in us dollars?
Maxipads do, clearly.

>> No.25433091
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25433091

>>25432954
i'll give you a pass just this once because this is ur first time but we have a culture here to not reveal how much xmr we hold but only refer to it as "an unknown amount"

>> No.25433166

>>25433091
i know but i wanted to flex the meme number, soz

>> No.25433169

>>25432934
> With XMR, it leaves fewer weak points in their money machines.
I'm not sure I follow
>>25432954
fucking lol
>>25433091
based and unknown amount pilled

>> No.25433204
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25433204

>>25433091
today I purchased an unknown amount of xmr tokens

>> No.25433225

>>25433169
So instead of using shells of shells of shells mediated through bookies in multiple countries, a wealthy adversary of the common man can move money with less opportunities for intervention.

>> No.25433294

>>25423557
Ok pajeet nigger.

>> No.25433400

>>25433225
The difference that you misunderstand, however, is that wealthy and powerful people already have access to means of moving around or hiding money without people knowing, but now Monero exists, meaning anybody with an internet connection can do the same.
Powerful and connected people will always exist and Monero is something that levels the playing field.

>> No.25433494

>>25433400
Fair. I just know that we can GUESS as to what entities donate millions of dollars for US Presidential libraries with today’s technology. When the House of Saud starts “donating” to soon-to-be former world leaders to cement their legacies, we will have even less of a clue. Leveling the playing for the common man is still a needed change despite the unintended side effects.