/xmr/ Monero General

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/xmr/ Monero General Anonymous Tue Jan 5 21:28:03 2021 No.25579776 [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

>>	Anonymous Tue Jan 5 21:32:05 2021 No.25579910 Thread mix: https://www.youtube.com/watch?v=zzoxXIHJcFI

>>	Anonymous Tue Jan 5 21:36:45 2021 No.25580073 File: 1.82 MB, 752x1282, C42F55BC-2B6D-40C9-AEC3-4EEFDD5185DE.png [View same] [iqdb] [saucenao] [google] Shit, monerbros. I got so cozy holding XMR that I had to take a nap.

>>	Anonymous Tue Jan 5 21:45:56 2021 No.25580327 >0.0039 why am i still holding this garbage

>>	Anonymous Tue Jan 5 21:47:02 2021 No.25580361 >>25579776 https:// discord .gg/mKRm3py9 XMR CHAT, Join and have fun

>>	Anonymous Tue Jan 5 21:51:27 2021 No.25580494 >>25580361 go away cia

Anonymous Tue Jan 5 21:51:59 2021 No.25580517

>>25579776
Monero is the IDEAL medium for private value exchange. Cash abolishment will happen faster than you think and Covid19-2? has created the perfect alibi for this. Adoption begins with darknet markets, just as it did with BTC, and then eventuates to absolutely private SoV. The rich tend not to like their wealth as public knowledge. Or the source or destination of it. There is huge value in mapping the Bitcoin (or any transparent) blockchain. Hence the abundance of blockchain analytics companies. There will undoubtedly be more delisting FUD this market cycle but the technology is close to unstoppable. Did you finish off last year with more individual sovereignty than you started with? Do you think the same will be true this year? and the next? God I hope the Monero project continues to be successful, because a world without it is grim.

>>	Anonymous Tue Jan 5 21:53:11 2021 No.25580554 File: 1.60 MB, 808x1024, E8ACA800-DD8E-4AEB-91E6-42390E7869C3.png [View same] [iqdb] [saucenao] [google]

>>	Anonymous Tue Jan 5 21:55:17 2021 No.25580614 >>25580494 SHUT UP YOU FUCKING JEET

Anonymous Tue Jan 5 21:56:03 2021 No.25580644
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>>25580327
Did you lose your nerve after a few days?
This is an opportunity to get monero at a discount.

Remember where buttcoin was 5 years ago?
Where will monero be in 5 years?

>>	Anonymous Tue Jan 5 21:57:12 2021 No.25580681 File: 371 KB, 1279x1751, 1609022373692.jpg [View same] [iqdb] [saucenao] [google] >>25580614 If you want to converse use the iirc or the mattersmost rooms. Don't spam your honeypot here.

>>	Anonymous Tue Jan 5 21:57:58 2021 No.25580702 >>25579776 Can we realistically expect $1000 moon mission in spite of the delisting fud?

>>	Anonymous Tue Jan 5 21:59:20 2021 No.25580733 >>25580702 if you listening to the delisting fud your ngmi

>>	Anonymous Tue Jan 5 21:59:21 2021 No.25580735 what is the roadmap for Monero? better logo hopefully

>>	Anonymous Tue Jan 5 22:00:56 2021 No.25580783 >>25580327 >>25580702 if you weak hands but really care about monero just mine it and or run a node to support the network.

>>	Anonymous Tue Jan 5 22:04:29 2021 No.25580903 >>25580735 >better logo hopefully The essence of /biz/ in three words.

>>	Anonymous Tue Jan 5 22:05:39 2021 No.25580935 >>25580903 are you denying the importance of a good logo bro? It's important to me

>>	Anonymous Tue Jan 5 22:05:58 2021 No.25580946 >>25580681 SHUT UP join my discord

>>	Anonymous Tue Jan 5 22:07:44 2021 No.25580998 >>25580735 >>25580935 the logo is never going to change, this isn't some pajeet scam that was created last year.

>>	Anonymous Tue Jan 5 22:08:04 2021 No.25581007 >>25580946 at least don't shill it in every thread.

>>	Anonymous Tue Jan 5 22:21:24 2021 No.25581453 Nice read: https://downloads.getmonero.org/Monero_Policy_Working_Group_FinCEN_01-04-2021.pdf

>>	Anonymous Tue Jan 5 22:25:56 2021 No.25581574 File: 9 KB, 253x199, 13496959.jpg [View same] [iqdb] [saucenao] [google] >xmr thread

>>	Anonymous Tue Jan 5 22:29:14 2021 No.25581670 Is there any way to generate interest with my Monero? using legitimate platforms like blockfi or Nexo? Dont hit me with "now your keys not your crypto".

>>	Anonymous Tue Jan 5 22:30:32 2021 No.25581713 File: 1.20 MB, 1242x1706, D17998BF-D229-4D7C-A8DA-CE87530B0CB3.jpg [View same] [iqdb] [saucenao] [google] Time to drop some red pills for any prospective Monerbros lurking.

>>	Anonymous Tue Jan 5 22:35:59 2021 No.25581868 >>25581670 there's one called "coinloan" that lists xmr but i'm not sure if it's a scam or not

Anonymous Tue Jan 5 22:37:38 2021 No.25581907

>>25581670
Kraken has some open research grant, I think on the most recent coffee and monero chat or whatever its called the team was going to reach out to them. Helping stateside broker/dealers and regulators understand KYC would be a good start, this would be worth a read. https://www.perkinscoie.com/en/news-insights/anti-money-laundering-regulation-of-privacy-enabling-cryptocurrencies.html

>>	Anonymous Tue Jan 5 22:38:58 2021 No.25581946 >>25581670 shit sorry anon I thought you meant general interest in Monero

>>	Anonymous Tue Jan 5 22:41:50 2021 No.25582037 >>25581670 How legit is BlockFi? I know its XMR thread but I want to start earning some interest on my ETH instead of it just sitting there.

>>	Anonymous Tue Jan 5 22:43:34 2021 No.25582100 File: 543 KB, 1242x2309, 6DB80B57-B0E8-4BAC-A589-6DAC4782DEDC.jpg [View same] [iqdb] [saucenao] [google] >>25581713 IRS seems like they have a bone to pick. Maybe it’s because Monero WORKS

Anonymous Tue Jan 5 22:50:39 2021 No.25582313
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>>25582100
This should be ringing bells for those of you old enough to remember 2010-2013 Bitcoin threads. Even as a young teen with my head up my ass at the time, this is ringing a lot of bells.

>>	Anonymous Tue Jan 5 22:54:32 2021 No.25582433 >>25581713 so... i don't have to pay commisions to the Binance jew anymore?

>>	Anonymous Tue Jan 5 22:57:33 2021 No.25582524 >>25580644 checked and based miner

>>	Anonymous Tue Jan 5 23:02:23 2021 No.25582662 >>25582100 Bullish.

>>	Anonymous Tue Jan 5 23:04:37 2021 No.25582729 >>25582433 CZ ain’t keeping those funds safu once this is available

>>	Anonymous Tue Jan 5 23:09:04 2021 No.25582850 File: 478 KB, 1242x2227, ACE1FA87-C3B2-4879-B2EB-9DFC484F5420.jpg [View same] [iqdb] [saucenao] [google] >>25582313 Black hats choose Monero because it works

>>	Anonymous Tue Jan 5 23:10:41 2021 No.25582906 File: 1.28 MB, 1242x2105, B20FF1BD-924B-4CBA-8DC4-3B2F8669BC6B.jpg [View same] [iqdb] [saucenao] [google] >>25582850 So do government officials

>>	Anonymous Tue Jan 5 23:12:43 2021 No.25582974 >>25582906 why declare though

>>	Anonymous Tue Jan 5 23:16:08 2021 No.25583065 File: 1.09 MB, 1427x2300, xmrwaifu.png [View same] [iqdb] [saucenao] [google] >>25580735 >>25580935 XMR's logo is one of the best and most memorable. Plus we have monero-chan

>>	Anonymous Tue Jan 5 23:16:35 2021 No.25583079 >>25582974 Maybe he’s working his way to a spot where he doesn’t have to worry about being caught.

>>	Anonymous Tue Jan 5 23:18:02 2021 No.25583123 monero logo is dope. the name is kind of shit on the other hand. Bitcoin has that one advantage of the perfect name. It perfectly encapsulates the idea of internet money.

>>	Anonymous Tue Jan 5 23:20:54 2021 No.25583204 >>25582037 BlockFi is legit. I stack sats in there. 90% is in cold storage, big official backers, they don't accept Tether... Might be an unpopular opinion ITT

Anonymous Tue Jan 5 23:22:31 2021 No.25583245

>>25581670
>>25581868
I'va been using coinloan since June and it's great, live chat through the day, small team that answer emails. They just raised interest rates for fiat, monero's only 3-5 percent though. And also guaranteed feeless withdrawals on any asset, which is pretty cool although not needed for monero.

>>	Anonymous Tue Jan 5 23:22:37 2021 No.25583248 Realistically, how much time do we have before it moons? Do I have at least another month?

>>	Anonymous Tue Jan 5 23:25:11 2021 No.25583325 >>25583123 It's easy to say Bitcoin has "the perfect name" when it was the first crypto and also the largest one (and always has been)

>>	Anonymous Tue Jan 5 23:25:38 2021 No.25583341 How long until atomic swaps.. I don’t want to get raped on tax

Anonymous Tue Jan 5 23:26:19 2021 No.25583362

>>25581713
I honestly think we need to stop hyping aomic swaps. It's stil a year away, stop talking about it like it's being released next week, every newb who comes in and gets hyped to buy because of the atomic swaps will leave and forget about monero when they hear it's a year away still. Not a good thing to spread to new people

Anonymous Tue Jan 5 23:27:03 2021 No.25583386
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>>25583248
Not long, but this is one of many cycles to come, I’m sure it’ll dump and be real cheap after this cycle, so you have a while to accumulate.

Mine it!

>>	Anonymous Tue Jan 5 23:27:31 2021 No.25583412 >>25583123 Monero means coin in Esperanto, a language created to facilitate communication between people all around the world. It's awesome, imo

>>	Anonymous Tue Jan 5 23:31:53 2021 No.25583540 >>25583341 Q4 2021

>>	Anonymous Tue Jan 5 23:34:58 2021 No.25583628 >>25583540 any links to this? I've seen the ccs website but the last update was 3 months ago, and zero milestones have been completed since, couldn't find any updates on it, would appreciate if you could help me out.

>>	Anonymous Tue Jan 5 23:38:45 2021 No.25583761 >>25583362 Yeah I agree. Plus even when swaps are released adoption will be gradual and not overnight. Too many moonboys come here asking only because of potential pump and dumps. Really annoying.

Anonymous Tue Jan 5 23:44:08 2021 No.25583923

>>25583245
What is it that gives you trust in them? It's a estonian op, if they exit there's no recourse. The founders and backers aren't doxxed. I am very comfy with BlockFi, but IDK if I want to KYC my monero again and trust somebody else to hodl it.
- Anons is there any OTHER way to have my monero working for me?

>>	Anonymous Tue Jan 5 23:45:26 2021 No.25583975 >>25583628 Last activity was ~14 days ago https://github.com/farcaster-project/RFCs

>>	Anonymous Tue Jan 5 23:48:08 2021 No.25584072 >>25583628 >>25583975 It's still very early anon. If I remember correctly, it's really dependent on BTC's implementation of Taproot and Schnorr signatures, so it's possible it comes early.

>>	Anonymous Tue Jan 5 23:48:22 2021 No.25584091 I've been holding these bags for years and it looks like the bull run is happening without xmr

>>	Anonymous Tue Jan 5 23:49:23 2021 No.25584120 >>25584091 Then sell

>>	Anonymous Tue Jan 5 23:57:55 2021 No.25584368 File: 6 KB, 235x215, 16094888289486167228904629303481.jpg [View same] [iqdb] [saucenao] [google] Meanwhile XMR/BTC ratio.... https://www.youtube.com/watch?v=K_e1T3zSZw8#t=1m11s

>>	Anonymous Wed Jan 6 00:09:13 2021 No.25584673 >>25579776 >https://archive.is/TWOah The link is down, do you have a new one since I want to use an old rig to join a pool.

>>	Anonymous Wed Jan 6 00:12:07 2021 No.25584759 File: 193 KB, 570x744, 1511385263788.jpg [View same] [iqdb] [saucenao] [google] SWIM just purchased an unknown amount of XMR

>>	Anonymous Wed Jan 6 00:34:29 2021 No.25585402 File: 484 KB, 1082x695, XMRpepe.png [View same] [iqdb] [saucenao] [google] bamp

Anonymous Wed Jan 6 00:37:24 2021 No.25585519
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XMR will test your hands and reward your patience.

https://www.3bit-lab.com/documents/satis-group-cryptoasset-initiation-report-fundamental-valuation-201808.pdf
^TLDR Privacy coins have the biggest potential for long term growth in crypto. Related note: dash and Zecash aren't actually private.

>>	Anonymous Wed Jan 6 00:43:03 2021 No.25585683 STOP MAKING THE GENERAL PROJECTS WITH GENERALS ONLY GO DOWN

>>	Anonymous Wed Jan 6 00:43:41 2021 No.25585705 >>25580361 >discord >xmr does not compute

>>	Anonymous Wed Jan 6 00:45:09 2021 No.25585752 >>25585683 go away, please

>>	Anonymous Wed Jan 6 00:47:18 2021 No.25585823 >>25584091 All planned of course. XMR was pumping hard even pushing up against $200 but quite (((conveniently))) the delisting FUD was announced and that literal who exchange delisting. Garbage weak hands piss me off. Keep holding monero chads

>>	Anonymous Wed Jan 6 00:47:33 2021 No.25585830 >>25585519 Wow a report by a literal who that hasn't been close to accurate, awesome stuff

>>	Anonymous Wed Jan 6 00:50:47 2021 No.25585904 >>25585683 XMR's been on the upswing since March

>>	Anonymous Wed Jan 6 00:54:29 2021 No.25586011 >linear, asymptote Pick one.

>>	Anonymous Wed Jan 6 01:00:04 2021 No.25586166 >>25585904 btc ratio is at all time low you coping dickhead

Anonymous Wed Jan 6 01:11:22 2021 No.25586500

>>25586166
Satbro, we know your butt hurts. We know you bought monero hoping for a giant 10x overnight. We know that you think in terms of opportunity cost, and the best possible trade you could have possibly made on any given day. You seethe if you didn't make that trade, and you hate that you gambled on Monero last week instead of bitcoin or ethereum. You're thinking about all the money you could've made. We know you don't have faith in XMR or care about what it could do in the long run, but only give a shit if a coin is making you money right now.

I'm sorry it's like this. Sincerely. I'm sorry you're so angry. Now sell your monero and get the fuck out. We'll see you in 5 years.

>>	Anonymous Wed Jan 6 01:32:58 2021 No.25587075 >>25580935 >>25580735 implying you have any design sensibility or basic taste. gtfo out scrubs

>>	Anonymous Wed Jan 6 01:35:25 2021 No.25587150 >>25582906 >>25582850 >>25582313 All these posts are the exact content that lead to Bitcoins rise. Brainlets around here like to pretend people weren't trading BTC for pizza and drugs on silk road

>>	Anonymous Wed Jan 6 01:40:00 2021 No.25587303 >>25583325 thats true to an extent is has some usage bias. but bits being central to computing and coin obv means money it's just a dope name. its only 2 syllables which is good. monero kind of sounds like money but also just kind of weird name

>>	Anonymous Wed Jan 6 01:41:20 2021 No.25587338 >>25583412 jesus phuck that makes it worse. you might as well name it after lord of the rings language. nerdcoin

>>	Anonymous Wed Jan 6 01:48:09 2021 No.25587503 >>25586500 Checked and rekt

Anonymous Wed Jan 6 01:48:20 2021 No.25587509

>>25587303
>>25587338
Bitcoiners are the retards who don’t realize that a currency should be designated with an X at the beginning of its ticker. BTC will never be what it was intended because it was cooped by the store of value crowd. They couldn’t give two shits about LN and even if they did, LN is a centralized plan that weakens the integrity of the network. XMR is the heir apparent to BTC.

>>	Anonymous Wed Jan 6 01:52:05 2021 No.25587608 >>25587303 >>25587338 Your criticisms of XMR make me think that you are 14 years old, up way past your bedtime, a BTC maxi because you’re too inexperienced to know a good project when you see one, and poor.

>>	Anonymous Wed Jan 6 01:53:29 2021 No.25587639 >>25580733 literally this. Thank you weak hands for discounting my xmr purchase of ???

>>	Anonymous Wed Jan 6 01:53:50 2021 No.25587649 >>25579776 if bitcoin is plan b is monero plan c? nice monero nippppps

>>	Anonymous Wed Jan 6 01:54:30 2021 No.25587659 >>25580735 bro wdym it's the best logo out there

>>	Anonymous Wed Jan 6 01:55:41 2021 No.25587685 >>25587649 BTC is plan b for beta males who let the surveillance state fuck them in the ass XMR is actually plan a for alpha chads who are returning value transactions to their roots.

Anonymous Wed Jan 6 01:56:32 2021 No.25587706

Let me get this straight, moneros success is dependent on btc gaining widespread adoption so you can easily cash out monero drug money by atomic swapping it with btc then cashing out into fiat?

Question, is atomic swaps limited to btc xmr? Or can other pairs like xlm xmr be made aswell?

>>	Anonymous Wed Jan 6 01:57:30 2021 No.25587726 >>25587706 >asks leading question about drugs, btc, and atomic swaps gtfo glowie, we’re not falling for your bait

>>	Anonymous Wed Jan 6 01:57:33 2021 No.25587727 >>25587509 >>25587608 im on team xmr retard. mining an undisclosed amount rn. im just acknowledging bitcoin has the best name. its a coin made of bits. self-explanatory. wtf is a monero??

>>	Anonymous Wed Jan 6 01:58:33 2021 No.25587762 >>25587727 It means coin in a language that belongs to no one. It’s literally the epitome of decentralization.

>>	Anonymous Wed Jan 6 02:06:31 2021 No.25587981 >>25581574 elaborate

>>	Anonymous Wed Jan 6 02:07:17 2021 No.25587997 >>25587727 It means money in Esperanto.

Anonymous Wed Jan 6 02:08:32 2021 No.25588035

>>25583123
>the name is kind of shit on the other hand.
respectfully disagree

the name bitcoin is bound inherently to technology and has a kinda not-real/virtual vibe to it. It was first, so we all got used to it anyways

monero on the otehr hand literally means coin/money. It's esperanto, so it's deliberatly choosen to bridge boarders and bring people together, no matter their language and nationality. because money is indifferent about race and culture. It's also the only name you could say unironically at the cashier. Just imaging going up and saying "I want to pay with etherium/ ripple/ polkadot/ cardano/ chainlink". Every other coin just sound edgy af.

>>	Anonymous Wed Jan 6 02:21:02 2021 No.25588321 >>25588035 damn you just redpilled me. i def agree most the coins sound super cringy so at least monero isnt like that. Ethereum sounds so bad cant believe they did that

>>	Anonymous Wed Jan 6 02:40:02 2021 No.25588788 >>25588035 Based

>>	Anonymous Wed Jan 6 02:41:49 2021 No.25588834 >>25587727 It means money in a constructed language that is mostly just Spanish with a few extras tacked on.

>>	Anonymous Wed Jan 6 02:51:55 2021 No.25589040 File: 136 KB, 640x406, n0f98qvf1ap51.jpg [View same] [iqdb] [saucenao] [google] >>25583123 >logo

>>	Anonymous Wed Jan 6 03:01:57 2021 No.25589242 File: 535 KB, 500x536, 1609768890544.png [View same] [iqdb] [saucenao] [google] i dont give a shit how much xmr is worth in fiat. just holding it makes me feel like im fighting against the NWO

>>	Anonymous Wed Jan 6 03:06:56 2021 No.25589353 >>25589242 based af. good to have you here the nice thing is that monero is not about tearing down the establishment, just offering a better option and letting the market do the rest.

>>	Anonymous Wed Jan 6 03:43:01 2021 No.25590236 Xmr is the way

Anonymous Wed Jan 6 03:45:54 2021 No.25590321

shyiettt I just learned there's only 17.81 million coins (why 17.81 btw?) and has a fraction of Bitcoin's marketcap and yet is the true decentralized coin which wasn't that supposed to be the point of all this? Monero is stupid undervalued eh. Think I'm gonna start mining this thing. It'll never disappear, it can only go up.

>>	Anonymous Wed Jan 6 03:48:48 2021 No.25590393 >>25590321 mine ETH too if you got a decent GPU, just flip it for xmr

>>	Anonymous Wed Jan 6 03:49:13 2021 No.25590404 File: 643 KB, 1337x762, happy.png [View same] [iqdb] [saucenao] [google] >>25581713 Someone cryogenically freeze me and wake me up when atomic swaps are a thing

>>	Anonymous Wed Jan 6 03:51:11 2021 No.25590449 File: 8 KB, 225x225, 1609778138877.jpg [View same] [iqdb] [saucenao] [google] >>25590404 I can't allow that anon, you have to be here to make fun of the butts when the bubble pops

>>	Anonymous Wed Jan 6 03:51:22 2021 No.25590454 >>25579910 fucking based music tastes anon

>>	Anonymous Wed Jan 6 03:51:27 2021 No.25590455 >>25590321 there's no cap, we have the 0.6XMR per block tail emission to secure transaction independent from the current transaction volume or demand. Real lifetime cap (monero in circulation at the point you die) is around 33M (year 2120)

>>	Anonymous Wed Jan 6 03:51:49 2021 No.25590461 >>25590404 Let's get wasted vodkanon

>>	Anonymous Wed Jan 6 03:53:01 2021 No.25590493 >>25590461 Hell yeah bro let's get hammered

>>	Anonymous Wed Jan 6 03:53:05 2021 No.25590495 >>25590393 sorry can you explain why eth first? is the difficulty more efficient going that direction? why not XMR only?

>>	Anonymous Wed Jan 6 03:56:45 2021 No.25590583 >>25590495 XMR is mined on CPU, ETH on GPU why only utilize half your pc? besides ETH mining is more profitable because of the crypto craze

Anonymous Wed Jan 6 03:59:50 2021 No.25590659

>>25590495
XMR is optimized for CPU mining to combat big mining farms which always bring along some centrealisation.

XMR mining needs CPU specific instructions (eg. AES) to be efficient and a lot of fast RAM per thread. GPUs have neither AES and a poor Corecount/RAM ratio

>>	Anonymous Wed Jan 6 04:01:05 2021 No.25590683 >>25590455 honestly didn't really understand what you said but the last part.. 33M even at 2120 is still nothing compared to these multi billion coins. >>25590583 ah I see thanks for explaining that. will plan for mining both then. Cheers

Anonymous Wed Jan 6 04:06:53 2021 No.25590817

>>25590495
Let me explain this anon.
A threadripper 3970X is roughly around 2k USD, and gets roughly 25k hashes/second. Not factoring in electricity (prices vary a lot by country), that would make you around 1.64 USD/day. Not to mention that you also need to pay for am expensive motherboard that is compatible with the threadripper, and some good RAM, it affects hashrate greatly.

Right now, since the ethereum price is so high, a single RTX 3080 (which costs roughly 800 USD) can make you about 7.38 USD/day (not factoring in electricity prices). Bonus is that you don't need expensive parts for a GPU mining rig, and you can have multiple GPU's in one rig.

>>	Anonymous Wed Jan 6 04:08:53 2021 No.25590859 >>25590495 Also,check whattomine.com for calculating profitability with the electricity price you pay, and other GPU's.

Anonymous Wed Jan 6 04:14:20 2021 No.25590985
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>>25590683
> honestly didn't really understand what you said but the last part
Do you want to understand it?

Bitcoin has a hard limit as the reward is cut in half every cycle. All the mining is expensive and has to be paid somehow, so progressively more and more of the cost will be covered by the transaction fees. If nobody wants to pay the insane fees, the mining isn't profitable and will implode.

Monero solves this by having a 0.6XMR tail emission to infinity. Sounds le at first because the supply is infinite, but unlike the fiat inflation this suppy increase is linear. This means the year-to-year percentual inflation will go down over time. But, even if there are zero transactions, the network is secure.

Anonymous Wed Jan 6 04:23:18 2021 No.25591167

>>25590683
You'll hear noobs say "but monero has infinite supply!"

Compare to bitcoin: there will only be 21million btc ever in existence. After you hit that magic number, it can inflate anymore. This is good, right? Well, kinda. Scarcity is good, but the creation of new bitcoin is what incentivizes miners- the people who run the network and keep the whole show going. Without them, bitcoin can't be sent and spent. How do you keep the system going when there's nothing in it for the people doing the work? Btc's community has some ideas for solving this, but none are perfect and a decision has yet to be reached.

Monero has a constant block reward, forever, to incentivize its miners. This means it technically inflates forever, right? Yes, but the reward is constant, even as the supply grows larger. Let's do easy math.

Year one, there are 10 total monero. 1 monero is generated per year through mining. You've increased the supply by 10%.

Year two, now you have 11 monero. At the end of the year, one fresh monero is generated. But 1/11 is 9.09%, so the amount you've inflated, as a percentage of the total supply, is less.

Year 3 you're at 1/12, now you've only added 8.3% to the total supply. Year 4 = 7.6%. And so on.

Every year the new monero added to the supply is a smaller and smaller percentage of the total. It doesn't take long before you're down below 1% (PS- gold inflates by about 1.5% annually as we add new shiny rocks to the global pile).

This is what's meant when you hear anons say that monero's inflation rate goes asymptoticly toward 0: it never hits 0, but it constantly gets closer to it.

This means monero never has to worry that it won't be worth it for the people who run the network to run the network.

Thanks for coming to my Ted Kaczynski talk.

Anonymous Wed Jan 6 04:26:10 2021 No.25591218
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Hourly reminder that Monero is poised to become the reserve cryptocurrency of the global shadow economy and is currently replacing BTC on the darknet while also making inroads into the cyber-crime and money laundering sectors.

>Bitcoin Will Never Be Truly Private Says Andreas Antonopoulos
https://cointelegraph.com/news/bitcoin-will-never-be-truly-private-says-andreas-antonopoulos

>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/

>$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/

>Criminals laundered $2.8 billion in 2019 using crypto exchanges, finds a new analysis
https://www.technologyreview.com/2020/01/16/130843/cryptocurrency-money-laundering-exchanges/

>Latin American crime cartels turn to cryptocurrencies for money laundering
https://www.reuters.com/article/mexico-bitcoin-insight-idUSKBN28I1KD

>Why untraceable cryptocurrencies are here to stay
https://www.cbs.dk/en/the-press/news/why-untraceable-cryptocurrencies-are-here-to-stay

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. 5 figure XMR is inevitable.

>>	Anonymous Wed Jan 6 04:31:59 2021 No.25591354 >>25590455 i'm going to live to be 150 years old? based

Anonymous Wed Jan 6 04:35:09 2021 No.25591430

>>25590817
thank you for taking the time to explain that. I'm saving both these posts. I honestly thought the reward would be a little more but it's getting a piece of the coin and believing it'll go up. Wondering if the capital for me is better off buying coins and holding instead. Electricity isn't that cheap where I am unless I hooked it up to the building electricity but obviously that's illegal and not ethical.

>>25590985
isn't it inevitable that it will implode then? Bitcoin is brewing hoarded and so the limited transaction fees will increase even greater and it'll price people out. (apologies if I'm way off). So if Monero has this check built in, why has it not gained more traction with miners? I'm starting to think Monero is one of these "if you know you know" situations. Cards will play out eventually. No need for marketing as the tech speaks for itself.

>>	Anonymous Wed Jan 6 04:38:58 2021 No.25591521 Should I pump Monero or Doge? I love investing in memes

>>	Anonymous Wed Jan 6 04:40:50 2021 No.25591555 >>25591521 >monero >meme Pick one.

>>	Anonymous Wed Jan 6 04:40:54 2021 No.25591558 >>25591430 >isn't it inevitable that it will implode then that's exactly what I think will happen, the market cant stay irrational forever eventually capital will flow to the better tech

>>	Anonymous Wed Jan 6 04:42:47 2021 No.25591608 >>25580681 What is the original photo of the knight wielding the standard?

Anonymous Wed Jan 6 04:47:20 2021 No.25591691

>>25591430
>isn't it inevitable that it will implode then?
My guess. Still holding an unknown mix of assets for risk minimasation. Someone said recently "Bitcoin is a hedge against fiat, Monero is a hedge against Bitcoin." and I'm inclined to agree. However, rich people will do everything in their power to keep it proped up, even if it's just hanging by a thread. Only time will tell.

>No need for marketing as the tech speaks for itself.
Too fast growth is ironically dangerous for the long term. The nodes in the network may handle a 5x in transactions right now, but beyond some nodes are forced to drop out. The steady growth we have is much better.

>Monero has this check built in, why has it not gained more traction with miners?
My guess? Simply doesn't scale well. Pumping a lot of investment into it doesn't give you much of an edge by design. Add uncertainty of regulations, low current price (miners have to sell a part for operational costs), and a global shortage of PC parts and this is what you get.

>>	Anonymous Wed Jan 6 04:47:27 2021 No.25591694 File: 1.40 MB, 2325x1679, comfy.png [View same] [iqdb] [saucenao] [google] >>25583065 Comfy

>>	Anonymous Wed Jan 6 04:48:23 2021 No.25591716 No coinbase? No thx

>>	Anonymous Wed Jan 6 04:49:27 2021 No.25591742 >>25591521 >monero >memes better invest in rope, fren

>>	Anonymous Wed Jan 6 04:50:43 2021 No.25591771 The market has decided Monero is a shit coin ?

>>	Anonymous Wed Jan 6 04:51:43 2021 No.25591792 >>25591716 >No coinbase? Yeah, its too effective at what it does so they're afraid.

>>	Anonymous Wed Jan 6 04:53:06 2021 No.25591816 >>25591354 You’re too old to browse 4chin >>25591218 MW will eat Monero’s lunch. First on LTC then on BTC

>>	Anonymous Wed Jan 6 04:53:19 2021 No.25591822 >>25591771 the market has an attention span of a 4 year old remember: buy high - sell low

>>	Anonymous Wed Jan 6 04:53:35 2021 No.25591826 File: 503 KB, 914x1343, Monero-Keep-Calm-HODL-Poster.jpg [View same] [iqdb] [saucenao] [google] >>25591771 >The market has decided Monero is a shit coin ? The market is highly irrational at the moment and hopped up on speculative hype.

Anonymous Wed Jan 6 04:57:32 2021 No.25591916
File: 333 KB, 840x400, xmmr.png [View same] [iqdb] [saucenao] [google]

>>25591816
>MW will eat Monero’s lunch. First on LTC then on BTC

lol optional privacy bolted on top of a public ledger will never be a reliable as default privacy built from the ground up. If your freedom depends on it, you'll use Monero.

>>	Anonymous Wed Jan 6 05:04:12 2021 No.25592040 >>25591916 Do they pay you in Monera? I'm sorry if they do

>>	Anonymous Wed Jan 6 05:09:15 2021 No.25592132 File: 47 KB, 1197x1010, 1609853075307.png [View same] [iqdb] [saucenao] [google] >>25592040

Anonymous Wed Jan 6 05:09:27 2021 No.25592136

>>25591816
>MW will eat Monero’s lunch. First on LTC then on BTC
>>25592040
bro i've been hearing about how btc/ltc are "implementing privacy soonTM" for LITERAL YEARS when the fact is monero works TODAY FOR LESS - get fucked idiot buy the low or stay poor.
stay retarded, /biz/

>>	Anonymous Wed Jan 6 05:13:03 2021 No.25592225 File: 3.48 MB, 274x228, LETS FUCKING GOOOOO.gif [View same] [iqdb] [saucenao] [google] >>25579776

Anonymous Wed Jan 6 05:23:34 2021 No.25592455

I'm not gonna lie, I've been holding this since it was $400 a few years ago - however all these years later, even looking past the fact it is mined by botnets and only used to buy drugs, is the fact that there isn't a supply cap. Why bother buying 1000 XMR today if in five years time it will be worth less because there is more in circulation? Also, the recent sat price dumping hasn't instilled confidence in me either.

>>	Anonymous Wed Jan 6 05:26:51 2021 No.25592535 >>25592455 >that there isn't a supply cap explaination in thread, no gonna spoonfeed you

>>	Anonymous Wed Jan 6 05:28:55 2021 No.25592582 >>25592535 The amount of /biz/ brainlets who can't conduct a basic Google search never ceases to amaze me.

>>	Anonymous Wed Jan 6 05:29:03 2021 No.25592586 File: 35 KB, 651x807, NPC brainlet soy.jpg [View same] [iqdb] [saucenao] [google] >MW will eat Monero’s lunch. First on LTC then on BTC

>>	Anonymous Wed Jan 6 05:33:25 2021 No.25592692 >https://cointelegraph.com/news/slippery-slope-as-new-bitcoin-mining-pool-censors-transactions Private currencies will be the next bubble, forget about BTC, forget about DeFis and ETH killers scams. Get yourself a fat stack of Monero and just wait.

>>	Anonymous Wed Jan 6 05:35:27 2021 No.25592750 File: 1.86 MB, 261x171, i_4cdn_org_2020-12-13_07-08-08.gif [View same] [iqdb] [saucenao] [google] I traded ally BTC for XMR. Did I fuck up?

>>	Anonymous Wed Jan 6 05:35:45 2021 No.25592760 File: 33 KB, 512x288, Ep5RFO7UwAANxn1.jpg [View same] [iqdb] [saucenao] [google] >>25592692 >Get yourself a fat stack of Monero and just wait. This is the Way.

>>	Anonymous Wed Jan 6 05:36:09 2021 No.25592773 >>25592750 Yeah, extremely risky to be in Monero atm

>>	Anonymous Wed Jan 6 05:36:32 2021 No.25592784 >>25592692 Defi points the way to the privacy bubble. The unspoken reason for the interest in defi is so trading can't be shut down by centralized globohomo powers. Private currency itself is the next step.

>>	Anonymous Wed Jan 6 05:37:56 2021 No.25592819 Will monero crash when the btc bull run ends?

>>	Anonymous Wed Jan 6 05:39:46 2021 No.25592858 >>25592750 >I traded ally BTC for XMR. Did I fuck up? moonboy FUDsters will say yes, the fundamentals and adoption trends say no. If you're willing to just sit on it for a few years it should yield you some very impressive gains.

>>	Anonymous Wed Jan 6 05:53:45 2021 No.25593158 File: 3.59 MB, 450x252, vroom vroom.gif [View same] [iqdb] [saucenao] [google] >>25592750 No.

Anonymous Wed Jan 6 05:54:20 2021 No.25593181

>>25591792
>So why is XMR not listed on coinbase? Too good at what it does?
Is that really all there is to it? Just globohomo hate of the idea of a truly untraceable money system?

>>25592773
>BTC at ATH a week before tether potentially being exposed as a massive fraud operation
Sounds a bit more risky than XMR to me.

>>	Anonymous Wed Jan 6 05:59:32 2021 No.25593296 >>25592858 >>25593158 Thanks for the confidence, fellow monerochads

Anonymous Wed Jan 6 05:59:42 2021 No.25593301
File: 98 KB, 1280x701, red.jpg [View same] [iqdb] [saucenao] [google]

>>25579776
I really wish I lived in a based non-American country without the resources or willingness to send federal agents after you over for using crypto with inherent user obfuscation.
Monero is clearly the most based crypto out there. Live the dream for me, frens.

>>	Anonymous Wed Jan 6 06:01:42 2021 No.25593343 File: 387 KB, 769x1285, 1609583000605.png [View same] [iqdb] [saucenao] [google] >old janny hotpockets gave me a three day ban for posting this last night What did jan jans mean by this?

Anonymous Wed Jan 6 06:01:44 2021 No.25593344

>>25593181
>s that really all there is to it? Just globohomo hate of the idea of a truly untraceable money system?

More like pre-emptive action in anticipation of future regulatory developments. They're worried about being liable in case XMR and privacy coins in general become conduits for money laundering.

In any case, atomic swaps will soon make exchanges irrelevant, so no worries.

>>	Anonymous Wed Jan 6 06:04:44 2021 No.25593411 How many is a suicide stack of XMR and what is a 1m stack 2025

>>	Anonymous Wed Jan 6 06:06:23 2021 No.25593448 File: 3.70 MB, 600x336, drain ceo.gif [View same] [iqdb] [saucenao] [google] >>25593343 Jannies are faggots. It doesn't even matter what they meant.

>>	Anonymous Wed Jan 6 06:07:57 2021 No.25593482 >>25592750 Of course not

>>	Anonymous Wed Jan 6 06:12:59 2021 No.25593600 fuck monero because I can't get it anonymously unless you have btc and that's already shitty fees and super expensive, it's too good but also much of a hassle to put up with, why can't people just exchange fiat

Anonymous Wed Jan 6 06:13:51 2021 No.25593620
File: 223 KB, 1792x687, xDYXIip.jpg [View same] [iqdb] [saucenao] [google]

>>25593411

>How many is a suicide stack of XMR and what is a 1m stack 2025

50 is nice, 100+ is where you start getting into future millionaire territory. But if market projections come to fruition even just ~30 XMR should eventually be enough to push you into 6 figures.

https://www.3bit-lab.com/documents/satis-group-cryptoasset-initiation-report-fundamental-valuation-201808.pdf

>>	Anonymous Wed Jan 6 06:14:13 2021 No.25593627 >>25593600 >too much of a hassle Get out.

>>	Anonymous Wed Jan 6 06:15:20 2021 No.25593654 >>25593600 Just use localmonero bro, whats the matter???

>>	Anonymous Wed Jan 6 06:49:09 2021 No.25594443 /xmr/ matrix group >https://matrix.to/#/!aPTsXOKuYMQfuqtxYP:matrix.org?via=matrix.org

>>	Anonymous Wed Jan 6 06:58:18 2021 No.25594682 >>25587303 >weird name Volkswagen also sounds like a weird name at face value, but due to how ubiquitous it is, it has become a household name. Expect the same with Monero over the long term

>>	Anonymous Wed Jan 6 07:08:01 2021 No.25594957 >>25593627 how do you expect your coin or technology or privacy to take off if fucking hard to obtain

>>	Anonymous Wed Jan 6 07:08:50 2021 No.25594984 >>25594682 >Expect the same with Monero over the long term "Monero" is near-universally equatable with "money", so ideal from a marketing standpoint.

>>	Anonymous Wed Jan 6 07:15:37 2021 No.25595175 >>25593600 I honestly can't tell what you're complaining about. There are ways to do it, most people don't want to or have a need to be 110% anonymous. Give me one good reason please.

>>	Anonymous Wed Jan 6 07:15:57 2021 No.25595188 >>25594957 well its hard to obtain due to government regulations. not anything about the coin itself.

>>	Anonymous Wed Jan 6 07:21:13 2021 No.25595350 File: 36 KB, 469x431, kraken.jpg [View same] [iqdb] [saucenao] [google] >>25594957 very, very, very complex to buy fucking retard

>>	Anonymous Wed Jan 6 07:22:42 2021 No.25595398 >>25595350 is kraken kyc

>>	Anonymous Wed Jan 6 07:25:12 2021 No.25595472 >>25595398 yes, but i dont see why thats a problem they dont know where the money goes once its off kraken so

>>	Anonymous Wed Jan 6 07:25:59 2021 No.25595493 >>25594957 Stay poor I bet you'll figure it out once it 10x though, won't you.

Anonymous Wed Jan 6 07:29:02 2021 No.25595574
File: 55 KB, 860x615, image-498543-860_galleryfree-eand-498543.jpg [View same] [iqdb] [saucenao] [google]

>>25592784
It's been a decade and we haven't had a privacy bubble yet. Once it arrives, XMR will go parabolic 5-10k USD is my price target - at which point, I will buy a tesla.

>>	Anonymous Wed Jan 6 07:29:57 2021 No.25595591 >>25595472 it means that the government potentially knows you purchased monero.

>>	Anonymous Wed Jan 6 07:32:53 2021 No.25595685 >>25595591 >it means that the government potentially knows you purchased monero. its not what they know, its what they can prove. And atomic swaps are the ultimate wild goose chase.

Anonymous Wed Jan 6 07:34:32 2021 No.25595729

>>25595591
And? If you ever want to get out, you're going to have to use an exchange, and pay the tax man. Not like you will meet tyrone to sell your 'make it' stack at an arby's, at which point you have undeclared capital gains and an inibility to spend it without the IRS noticing, assuming you aren't robbed.

Once monero is off the exchange it's untraceable. You decide if you want to cash out. If so, there isn't a viable way assuming you 'made it' without KYC.

>>	Anonymous Wed Jan 6 07:37:35 2021 No.25595820 >>25595729 The interest is privacy doesn't necessarily mean a desire to evade taxes. It may simply mean that you don't want google to be able to view your transactions.

Anonymous Wed Jan 6 07:37:57 2021 No.25595831

>>25595729
i wont be 'getting out', i will be using my monero to buy goods and services directly. not impossible to trade xmr for gold or silver. fiat currency is for gay faggots. also, i carry a printed 3d gun with me to arby's whenever i go. im not a faggot who needs to hide behind a computer screen because im not a 100lb weakling whose nevr been to a gym or used a rifle.

>>	Anonymous Wed Jan 6 07:38:59 2021 No.25595867 >>25595685 yeah the proof is that you KYC'd and then purchased monero with your KYC'd account

>>	Anonymous Wed Jan 6 07:40:52 2021 No.25595921 >>25595591 >>25595831 >>25595867 you're a schizo, nobody cares that i bought monero in fact my gubberment retard boomers wouldnt be able to tell bitcoin from bitconnect and we have 0% capital gains tax, welcome to europe senpai

Anonymous Wed Jan 6 07:43:02 2021 No.25595990

>>25595820
I never said that it did, you said you don't want the government to know you purchased monero. The only reason you wouldn't is because taxes, Once the monero is off the exchange there is no tracing it, no way to tell what you bought if anything. Government can't do anything unless you decide to sell your position for fiat, and the only reasonable way to sell potentially hundreds of thousands in crypto would be an exchange.

I never said anything about general privacy, I was responding to your shit about governments and KYC.

>>	Anonymous Wed Jan 6 07:43:21 2021 No.25595997 >>25595921 if nobody cares why does everyone want KYC to buy it you dumb faggot.

Anonymous Wed Jan 6 07:44:39 2021 No.25596035

>>25595990
>The only reason you wouldn't is because taxes
no, you dumb stupid asshole, there are many reasons. one of which being they might declare it an illegal asset to own. what kind of retard would want their name on the list of KYC faggots who purchased it if it's declared illegal?

>>	Anonymous Wed Jan 6 07:44:39 2021 No.25596036 >>25595997 Everyone wants KYC to buy any crypto, it's dependent on regulations for your country.

>>	Anonymous Wed Jan 6 07:45:04 2021 No.25596048 Bought some from bitfinex yesterday, did i do good? What is this delisting stuff?

>>	Anonymous Wed Jan 6 07:46:12 2021 No.25596088 >>25581713 gonna hodl monero and imagine it like how it was bitcoin in 2011

Anonymous Wed Jan 6 07:48:08 2021 No.25596159

>>25596035
Ok, lets assume the government would somehow make it illegal (which is fucking retarded), the government can't take it from you? they can't through you in jail cause you USED to have it? There is nothing to prove you own it if you use some common sense in how you store it. Sure if you keep thousands of XMR on an exchange's wallet and it was somehow made illegal they would take it, but if you aren't using a paper wallet, or otherwise encrypted way to store keys. you're just braindead.

>>	Anonymous Wed Jan 6 07:48:38 2021 No.25596169 >>25582313 I'm buying ty. I have been on the fence about MNR. But the fact that it's got BTC vibes, it's not too hard to buy then hodl for the next 10 years.

Anonymous Wed Jan 6 07:48:58 2021 No.25596181

>>25596036
yeah but monero and privacycoins in general are on the chopping block everywhere. states HATE it. they cannot stop people laundering money with it. when monero is being sold out of nowhere, they freak out. when it's being brought with KYC, they definitely add you to a list.
kyc for a privacycoin is bad

>>	Anonymous Wed Jan 6 07:49:48 2021 No.25596202 >>25583386 will this dump some more? I've run out of liquidity this month and waiting for my next salary. Gonna buy $1000 initial and keep dumping $50 a month until forever.

>>	Anonymous Wed Jan 6 07:50:30 2021 No.25596232 >>25596181 Then use localmonero?

Anonymous Wed Jan 6 07:52:15 2021 No.25596293

>>25596159
>lets assume the government would somehow make it illegal (which is fucking retarded)
they already did so in australia. its illegal for australian exchanges to sell monero or some other privacycoins. next they will make it illegal for australians to buy it, anywhere.
>the government can't take it from you
they will ask you where it is / what you did with it. if you say you still have it, they will demand you forfeit it
>There is nothing to prove you own it
except that you purchased it using KYC service and can't explain what you did with it. do you really think "i lost it" will work? really? im not giving anyone my fucking information so that i can bet on "sorry but i lost it in a boating accient" to save me when they decide to get rid of xmr

>>	Anonymous Wed Jan 6 07:53:16 2021 No.25596326 >>25596232 im explaining why using kraken is a problem >>25595350 >>25595472

>>	Anonymous Wed Jan 6 08:02:21 2021 No.25596630 File: 755 KB, 1100x1012, three eye stare.png [View same] [iqdb] [saucenao] [google] >>25596293 >they already did so in australia. its illegal for australian exchanges to sell monero or some other privacycoins. Show me the legislation faggot

Anonymous Wed Jan 6 08:04:06 2021 No.25596679

>>25596293
>If you say you still have it
If someone is that retarded they deserve to lose it

>Do you really think "i lost it" will work? really?
Yes, there is no proof it exists, no proof you have it. Bitcoin is literally the opposite, they can track every penny you have.

Crypto depends on you having access to the keys, and as we know from the early bitcoin guys who lost their millions from losing the keys many people end up losing their keys. Even if they know the public address, with KYC transactions of you buying them, there is no proof you actually have access to the coins themselves, that they're even still there, etc.

>to save me when they decide to get rid of XMR
save you from what? Like I said, there isn't proof you own it. Do you really think countries like the US, Canada, UK, etc. would throw you in jail without any evidence you currently own it? If that's the case, do you think they're just going to round up everyone who ever bought it and chuck them in a prison?

If your threat model is that monero would be outlawed and punishable by governments, then there wouldn't even be a way for you to profit off it without breaking the law anyways, so just don't buy it. If it is outlawed you would be forced to sell on black markets, better hope they don't just decide to rob you for it.

Anonymous Wed Jan 6 08:09:43 2021 No.25596857
File: 19 KB, 567x257, 1_o6PW7Cj7kMiYXVFAc82rHw.png [View same] [iqdb] [saucenao] [google]

>>25596679
>If it is outlawed you would be forced to sell on black markets, better hope they don't just decide to rob you for it.

If XMR is outlawed it becomes more scarce so you can atomically swap it at a profit for BTC then cash out as usual.

Anonymous Wed Jan 6 08:09:56 2021 No.25596862

>>25596293
>they already did so in australia
didn't they also ban encryption or at least try it? lmao schizo government

>what you did with it
boating accident, officer

>do you really think "i lost it" will work?
yes. what are they gonna do, tax you on capital gains? They've declared it illegal so it's worth zero. Or just say outright you lost it when gambeling on other shitcoins

Anonymous Wed Jan 6 08:11:10 2021 No.25596903

>>25596630
i was wrong, the australian delisting is "voluntary". extremely cringe
but look at this:
https://www.cpomagazine.com/data-privacy/south-koreas-new-crypto-aml-law-bans-trading-of-privacy-coins-monero-zcash/

>>25596679
>Yes, there is no proof it exists, no proof you have it. Bitcoin is literally the opposite, they can track every penny you have.
technically wrong. theres no way to prove you still have your private key for your bitcoin

>Do you really think countries like the US, Canada, UK, etc. would throw you in jail without any evidence you currently own it?
no i think they will issue warrants to seize hardware wallets, computers etc. if you brought a sufficient amount through KYC exchanges. lets say the price of XMR goes to something outrageous like $100k per coin, how many of use would be multi millionaires in (future illegal) evil internet money? do you think they wont fuck with your life if they knew that?

>If your threat model is that monero would be outlawed and punishable by governments, then there wouldn't even be a way for you to profit off it without breaking the law anyways, so just don't buy it
governments are illegitimate, but doesnt mean giving them your information is not a bad idea. even if they ban it, you can still trade it to individuals. fiat doesnt even enter the picture. stop fucking thinking in terms of fiat and 'getting out' into fiat you annoying fag.
>hurr you could get robbed!
you can get robbed using fiat too. news to you?

Anonymous Wed Jan 6 08:12:50 2021 No.25596950

>>25596857
yeah you can atomically swap it for tainted BTC which is completely trackable in every way shape or form. then when you go to "cash out as usual" your exchange account is frozen for using tainted btc. because theres no way to prevent that happening when you do an atomic swap.

also reminder atomic swaps are priced in

Anonymous Wed Jan 6 08:13:26 2021 No.25596969

>>25596903
You earlier:
>can't explain what you did with it. do you really think "i lost it" will work? really?

You now
>technically wrong. theres no way to prove you still have your private key for your bitcoin

Are you just braindead or maliciously retarded?

Anonymous Wed Jan 6 08:15:11 2021 No.25597033
File: 74 KB, 827x1181, dont buy xmr.png [View same] [iqdb] [saucenao] [google]

>>25596903
>i was wrong, the australian delisting is "voluntary". extremely cringe
I know you were, they were supposedly strong armed into complying with these guidelines: https://www.fatf-gafi.org/media/fatf/documents/recommendations/RBA-VA-VASPs.pdf
or face debanking, but they are not specifically illegal.
https://cryptonews.com.au/australian-crypto-exchanges-forced-to-delist-privacy-coins-or-be-debanked
It's gay as fuck but it's not illegal and there is no indication from actions taken so far that it will be made illegal for Australian's to own it.
Those guidelines are also inter-governmental, Australia appears to be the only cunt trying to comply with it though.
I'm not a lawyer so I could be misinterpreting it too.

Anonymous Wed Jan 6 08:15:33 2021 No.25597045

>>25596969
YOU are the retard. i am saying that you can claim 'i lost it' with bitcoin OR monero, and that in EITHER case, that's an unfalsifiable claim, and also a claim THE GOVERNMENT WONT GIVE A SHIT ABOUT, they will issue a warrant immediately. have fun having your whole life ruined

Anonymous Wed Jan 6 08:18:01 2021 No.25597121

>>25597033
>It's gay as fuck but it's not illegal and there is no indication from actions taken so far that it will be made illegal for Australian's to own it.
theres nothing stopping them from making it illegal because they make up rules arbitrarily because they are evil. why would they not make it illegal, its literaly everything they are against; freedom, privacy, autonomy, sanity

>>	Anonymous Wed Jan 6 08:19:35 2021 No.25597171 >>25597121 If they make up rules arbitrarily because they're evil why would they not make living illegal? better just kill yourself.

>>	Anonymous Wed Jan 6 08:20:27 2021 No.25597201 >>25597171 they will make being a faggot illegal when they see your post history

Anonymous Wed Jan 6 08:21:06 2021 No.25597233

>>25596950
>yeah you can atomically swap it for tainted BTC which is completely trackable in every way shape or form. then when you go to "cash out as usual" your exchange account is frozen for using tainted btc. because theres no way to prevent that happening when you do an atomic swap.

If tainted coins become *that* much of an issue then Bitcoin itself is doomed.

>>	Anonymous Wed Jan 6 08:22:11 2021 No.25597271 File: 65 KB, 700x700, uno no u.jpg [View same] [iqdb] [saucenao] [google] >>25597201

Anonymous Wed Jan 6 08:23:23 2021 No.25597322

>>25597045
>they will issue a warrant immediately
>have fun with your whole life ruined

Yet again, you're basing this whole argument, that they will issue warrants and hunt you down like some futurecrimes division, on the basis that back when it was legal, you bought some crypto on an exchange. Yet again, with no proof you have any access to it.

In your thimble brain not only does buying some crypto mean everyone will get swat warrants and have all of their property seized, but also will ruin your life.

kek, just don't buy it then

Anonymous Wed Jan 6 08:24:13 2021 No.25597352

>>25597233
atomic swaps are where all the tainted coins will funnel to because they won't be useful anywhere else. can't use them on exchanges, cant really spend them, cant even sell them in person without potentially revealing your identity. with an atomic swap from xmr to btc youre basically playing russian roulette for if you get clean btc or worthless tainted btc, and even worse you probably wont evne know until some account on some exchange is deleted or some shit

Anonymous Wed Jan 6 08:28:01 2021 No.25597505

>>25597322
that they will issue warrants and hunt you down like some futurecrimes division, on the basis that back when it was legal, you bought some crypto on an exchange.
Yes.
No dude, its as simple as
1. You buy XMR on KYC exchange because you're a dumb faggot and probably a moonboy looking to 'cash out'.
2. XMR becomes dominant form of black market currency, price explodes
3. Government sees you own the equivalent of ex. 1 million usd in monero
4. Government asks you where it is
5. You give the equivalent of an insanity plea by saying you 'lost it' (like saying you lost 10kg of gold, as if they would just nod and walk away)
6. Government issues warrants to seize all of your computers and accessories such as hardware wallets

What part dont you understand? the part where the government does bad things? thats why this coin exists ;)

>kek, just don't buy it then
i dont own, nor have i ever owned, or purchased monero

>>	Anonymous Wed Jan 6 08:28:30 2021 No.25597520 >>25597271 Go back to facebook you're not welcome here

>>	Anonymous Wed Jan 6 08:32:48 2021 No.25597662 File: 17 KB, 274x402, no u dick.jpg [View same] [iqdb] [saucenao] [google] >>25597520 God I love when newfaggots smugly out themselves.

>>	Anonymous Wed Jan 6 08:33:58 2021 No.25597693 >>25597662 thats rich for someone who has to buy monero because they missed out on mining it

>>	Anonymous Wed Jan 6 08:35:25 2021 No.25597744 >>25597505 right just like they busted down doors of buttcorn holders literally never happened, apart from dumb darknet big fish selling kilo's of drugs over a public blockchain

>>	Anonymous Wed Jan 6 08:36:15 2021 No.25597774 >>25597693 And you're still upset I called you out for lying Top kek, I bet you phone posted as >>25597520 too you little nigger

Anonymous Wed Jan 6 08:36:57 2021 No.25597795

>>25597744
except for the fact that bitcoin isnt a threat to the monetary system at all whereas monero is. thats why its being delisted and not bitcoin. bitcoin is crypto for wallstreet and probably fucking created by the CIA to demo blockchain technology which is gonna be used for the upcoming fedcoin.

>>	Anonymous Wed Jan 6 08:37:59 2021 No.25597832 >>25597774 lying about what? i dont have a smart phone

>>	Anonymous Wed Jan 6 08:38:57 2021 No.25597859 >>25597832 >lying about what? >>25596293 >they already did so in australia. its illegal for australian exchanges to sell monero or some other privacycoins. next they will make it illegal for australians to buy it, anywhere.

>>	Anonymous Wed Jan 6 08:40:06 2021 No.25597899 >>25597662 you are not forming coherent thoughts anon, and those images can't really be anything other than trolling or you're actually 12 years old, either way you're ruining the thread

>>	Anonymous Wed Jan 6 08:40:11 2021 No.25597903 >>25597859 i wasnt lying you retarded faggot, i was just wrong. are you autistic? because i'd like to punch you in the face

Anonymous Wed Jan 6 08:41:10 2021 No.25597940

>>25597352
>atomic swaps are where all the tainted coins will funnel to because they won't be useful anywhere else. can't use them on exchanges, cant really spend them, cant even sell them in person without potentially revealing your identity. with an atomic swap from xmr to btc youre basically playing russian roulette for if you get clean btc or worthless tainted btc, and even worse you probably wont evne know until some account on some exchange is deleted or some shit

Should be insanely lucrative for XMR holders willing to swap at hefty premiums. And as long as BTC keeps mooning, thus maintaining demand, they'll be able to swap back and repeat.

Anonymous Wed Jan 6 08:43:07 2021 No.25597996

>>25597940
>And as long as BTC keeps mooning, thus maintaining demand, they'll be able to swap back and repeat
meaning it will be faggots swapping tainted btc for xmr, back and forth, forever... gay
im less concerned about how 'lucrative' it is but how disruptive it is to the financial system. if you want lucrative this is the wrong coin, it will dump every time theres a delisting kek

>>	Anonymous Wed Jan 6 08:47:32 2021 No.25598179 >>25597899 >2 posts by this ID >they're both absolute trash >y-you're ruining the thread 'no u' >>25597903 >I'm not a liar I'm just a retard who speaks with authority on topics I know jack shit about Glad we cleared that one up.

Anonymous Wed Jan 6 08:49:19 2021 No.25598243

>>25597996
>meaning it will be faggots swapping tainted btc for xmr, back and forth, forever... gay

Wherever there are easy gains to be made there shall ye find them. But at least they'll maintain liquidity in the swaps market while showcasing Monero's godlike fungibility.

>>	Anonymous Wed Jan 6 08:50:12 2021 No.25598281 >>25597996 Ok, fine, but why the fuck are you here? To warn us all in advance because you're a generous god? To kek a bit while holding shiny rocks or overment issued slips of paper?

Anonymous Wed Jan 6 08:50:28 2021 No.25598290
File: 96 KB, 730x501, LOKILIVESMATTER.jpg [View same] [iqdb] [saucenao] [google]

>>25579776
XMR is dead anon. I'm so sorry. You can keep the beanie baby. It's over.

>>25580517
This post makes it sound like XMR is $1 or something. It's market-cap is HUGE for what it is.

You need to let it go.

LOKI is the real gem of 2021.
https://loki.network/2021/01/06/oxen-rebrand-rollout/

Anonymous Wed Jan 6 08:51:47 2021 No.25598342

>>25597505
Why are torrents legal?
Why is tor legal?
Why is bitcoin legal?
What legal precedent do you have as an example for banning Monero?
You are a brain let anon. You live in a fantasy world. The fincen docs released a few weeks ago make no indication that Monero is legally any different than Bitcoin (and for what it’s worth, monero is mentioned second most out of all cryptos behind Bitcoin, so the government is aware of it).

>>	Anonymous Wed Jan 6 08:52:13 2021 No.25598366 >>25598290 >LOKI Gay corporate shit.

Anonymous Wed Jan 6 08:54:23 2021 No.25598444

Australian never “banned” monero, they are just strong arming exchanges. You can still legally use Monero over there. Same as with the several Asian countries who have “banned” monero.
There is nothing illegal about using Monero. If you use a vpn you can simply coin swap bitcoin for Monero in the literal current year.

>>	Anonymous Wed Jan 6 09:04:57 2021 No.25598867 >>25598290 >LOKI What the fuck is this shit lmao

>>	Anonymous Wed Jan 6 09:11:59 2021 No.25599120 File: 2.06 MB, 1280x720, Monero chick 1.webm [View same] [iqdb] [saucenao] [google] How much for this monero-chan?

>>	Anonymous Wed Jan 6 09:16:13 2021 No.25599300 >>25599120 >monero chick 1 I'd give an unknown amount of monero if you show the rest.

>>	Anonymous Wed Jan 6 09:18:07 2021 No.25599374 File: 173 KB, 1124x724, abraham liclon.jpg [View same] [iqdb] [saucenao] [google] >>25599120 An unknown ammount of XMR.

>>	Anonymous Wed Jan 6 09:20:27 2021 No.25599481 File: 50 KB, 234x215, chad.jpg [View same] [iqdb] [saucenao] [google] >>25599120 god damn chad likes what he sees, in every possible aspect

>>	LebAnon Wed Jan 6 09:24:29 2021 No.25599636 >>25599374 based

>>	Anonymous Wed Jan 6 09:26:39 2021 No.25599727 >>25599374 What he said

>>	Anonymous Wed Jan 6 09:28:30 2021 No.25599809 File: 356 KB, 450x359, 1608567672586.gif [View same] [iqdb] [saucenao] [google] >>25599120

Anonymous Wed Jan 6 09:30:57 2021 No.25599902

>>25598867
Some obscure coin for autists.
They say it will go 100x, but nobody adopts it, because its exclusive to autists, which are less than 1% of the potential customers.
No adoption means price wont go up, so the autists collect these coins because they long for heraldry, so they see those symbols and think on flags, on tribalism. Its a unconscious mechanism, more present in autists.

>>	Anonymous Wed Jan 6 09:31:05 2021 No.25599907 >>25599120 The video is private on youtube :/ Post XMR address and I'll give you .00001 XMR to release the rest of the clips.

>>	Anonymous Wed Jan 6 09:34:00 2021 No.25600042 >>25599902 >They say it will go 100x wrong thread buddy. we don't give a damn about the price or the gainz, shill us on the tech or provide us a link to >>25599120

Anonymous Wed Jan 6 09:36:13 2021 No.25600136

Serious question about atomic swaps

1. Will DEXs that use it still have orderbooks? I have a market maker bot on CEXs and really like using limit orders

2. Wont people be swapping tainted BTC with our untaintable XMR? While I can understand people who want to clean their BTC with XMR, whats in it for people who hold XMR? How will they clean the BTC? I am guessing this would add buying pressure to XMR from the BTC side but will it only be from dirty buttcoins?

I just don't get what is going to happen with dirty btcs once atomic swaps using monero make it feasible. I don't want XMR to just be the janitor of crypto and have us looked on as criminals, although maybe that's a good thing, and people will eventually skip other cryptos and stay in monero since swapping will be too cumbersome?

>>	Anonymous Wed Jan 6 09:41:22 2021 No.25600386 >>25600042 This was the vid before it was made private. https://www.youtube.com/watch?v=FeNYjYA2lVg&feature=youtu.be I hope op gives the sauce.

Anonymous Wed Jan 6 09:52:43 2021 No.25600884

>>25597996
not saying that monero won’t face any legal issue but thinking governments will ban any profit made via tainted Bitcoin and monero in the next few years is pure paranoia, just like the autists on those threads fearing they’ll get in trouble if they buy it via kyc exchange

>>	Anonymous Wed Jan 6 10:06:51 2021 No.25601536 >>25600386 underestood. just wanted to give >>25599902 a chance to redeem himself

>>	Anonymous Wed Jan 6 10:07:53 2021 No.25601584 File: 34 KB, 474x509, 83C575DD-CEA3-4796-8265-8F62B7D9C61D.jpg [View same] [iqdb] [saucenao] [google] Jan, 6. Still no emergency $600 tendie airdrop from the government. I watch my bags slowly get more and more expensive

Anonymous Wed Jan 6 10:13:53 2021 No.25601818

>>25600136
>>1. Will DEXs that use it still have orderbooks? I have a market maker bot on CEXs and really like using limit orders

DEXs become irrelevant since atomic swaps will be P2P via custom wallets. But something like that will likely be a feature, its just matter of coding it into the GUI.

>2. Wont people be swapping tainted BTC with our untaintable XMR?

Indeed they will, Monero's fungibility is what they crave.

>whats in it for people who hold XMR?

If BTC keeps mooning some will want to jump over for the gains. Others will swap-for-profit by charging hefty premiums. And some will just use it to cash out in case XMR is delisted/banned.

>How will they clean the BTC?

They can't, taint is forever.

>I am guessing this would add buying pressure to XMR from the BTC side but will it only be from dirty buttcoins?

Not necessarily, some OG whales might want to finally cash out with a measure of banking secrecy, and using XMR enables that. And once XMR's price goes into overdrive and FOMO kicks in, plenty of normies will also be rushing in hoping to get in on "the next Bitcoin."

>I just don't get what is going to happen with dirty btcs once atomic swaps using monero make it feasible.

Taint only becomes an issue when off-ramping, so dirty coins will be in constant circulation providing liquidity for the swaps market.

>I don't want XMR to just be the janitor of crypto and have us looked on as criminals, although maybe that's a good thing, and people will eventually skip other cryptos and stay in monero since swapping will be too cumbersome?

Atomic swaps will glaringly showcase Monero's virtues and Bitcoins flaws to the crypto world and over time incentivize more people to stay in XMR. Any way you look at it, its going to be very good for Monero, exciting times ahead!

>>	Anonymous Wed Jan 6 10:26:30 2021 No.25602316 Looks like wrapped monero as an ERC20 was just released.

>>	Anonymous Wed Jan 6 10:33:11 2021 No.25602591 >>25579776 do you guys know how a typical purchase with monero on the deep web looks like? Everytime I want to buy something on the deep web I get scared with the long ass instructions

Anonymous Wed Jan 6 10:33:20 2021 No.25602599

>>25602316

>Introducing Wrapped Monero

Wrapped Monero, brings XMR to the Ethereum network with all the flexibility of an ERC-20 token. Wrapped Monero (WXMR) is backed 1:1 by Monero and secured by BTSE.

Wrapped Monero brings greater liquidity to the Ethereum and DeFi ecosystem. It gives holders of Monero more flexibility to utilize their tokens without having to sell it for Ethereum or stablecoins, in order to access the many exciting opportunities in the DeFi space.

Additionally, Monero is a cryptocurrency with historically strong privacy features which sometimes is a disadvantage. When a user obtains Wrapped Monero, it allows them to provide transparency necessary in a world where KYC/AML is increasingly required. By wrapping Monero into the Ethereum blockchain, a user is not sacrificing any privacy that’s already afforded to them by the Monero blockchain.

Minting and Redemption

Wrapping your Monero is as simple as depositing XMR to BTSE, then using the “Convert” function on the Wallet screen. To unwrap, you can also use the same “Convert” function. In this way, WXMR is always backed 1:1 with XMR.

BTSE is the custodian of the Monero backing Wrapped Monero. Due to the strong privacy of Monero, “Proof of Reserves” is more complicated than with open blockchains. BTSE has been a trusted custodian since 2018 as an exchange, with experience securing many forms of cryptocurrencies and digital assets. With millions in fiat and crypto currencies under custody, BTSE has proven to be safe and reliable. BTSE will maintain the custody of XMR from beginning to end through the minting and redemption process, and will publish regular cryptographic proof of reserves.

https://blog.btse.com/introducing-wrapped-monero/

>>	Anonymous Wed Jan 6 10:34:42 2021 No.25602663 >>25598179 He's right though anon, go back to your facebook groups

>>	Anonymous Wed Jan 6 10:35:25 2021 No.25602691 >>25602599 This would be great if the fees werent 1750x the fees on monero

Anonymous Wed Jan 6 10:36:15 2021 No.25602726

>>25602591

>do you guys know how a typical purchase with monero on the deep web looks like? Everytime I want to buy something on the deep web I get scared with the long ass instructions

>How to order from White House Market! Noobs friendly #Darknet
https://www.youtube.com/watch?v=KAPuyrHr74w

>>	Anonymous Wed Jan 6 10:38:43 2021 No.25602839 File: 1.24 MB, 1280x720, Monero chick 2.webm [View same] [iqdb] [saucenao] [google] Well, given you asked nicely...

>>	Anonymous Wed Jan 6 10:39:16 2021 No.25602864 File: 1.30 MB, 1280x720, Monero chick 3.webm [View same] [iqdb] [saucenao] [google]

>>	Anonymous Wed Jan 6 10:44:43 2021 No.25603088 >>25593620 im a big fan of monero (bought in at 8 usd) and see it growing to a top 4 coin but why does this fucking table by some literal who get posted as proof of monero's value?

>>	Anonymous Wed Jan 6 10:45:05 2021 No.25603101 File: 32 KB, 258x259, 78183295_988001924886592_4771403216371843072_n.jpg [View same] [iqdb] [saucenao] [google] >>25602726 thanks !

>>	Anonymous Wed Jan 6 10:45:28 2021 No.25603117 >>25603088 Honestly make your own table, buy a domain name, and people will post it.

>>	Anonymous Wed Jan 6 10:52:03 2021 No.25603389 >>25595990 You are correct anon. Once we have atomic swaps however literally billions will come rushing in from traced BTC. Just be patient.

>>	Anonymous Wed Jan 6 11:02:11 2021 No.25603840 >>25602864 aw she's cute

Anonymous Wed Jan 6 11:12:49 2021 No.25604305

>>25603088
>coin but why does this fucking table by some literal who get posted as proof of monero's value?

because Satis Group is a professional and respected crypto analysis firm that is considered authoritative enough to be used as a source by the European Union's financial affairs dept.

https://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=SWD:2020:0380:FIN:EN:PDF

https://satisgroup.io/

>>	Anonymous Wed Jan 6 11:25:49 2021 No.25604909 bizzump

>>	Anonymous Wed Jan 6 11:53:07 2021 No.25606163 bizzump

>>	Anonymous Wed Jan 6 11:53:36 2021 No.25606188 >>25602591 it's easier than acquiring monero lol

>>	Anonymous Wed Jan 6 11:57:06 2021 No.25606340 >>25602864 Enough! I'm going all in Monero.

>>	Anonymous Wed Jan 6 12:11:28 2021 No.25606911 bizzump

>>	Anonymous Wed Jan 6 12:12:41 2021 No.25606964 >>25592819 maybe, hold enough cash for this case :*

>>	Anonymous Wed Jan 6 12:19:23 2021 No.25607232 >>25580327 Because after you sold it will make +25% in a day.

Anonymous Wed Jan 6 12:24:19 2021 No.25607457

>>25607232
>>25580327

Tell you what anon, you sell your monero now, here's what could happen:
>monero goes up, I get rich you retain your wealth
>monero goes down, you saved money
>monero crabs, you retained your wealth

Murphy's law states it will go up, so I'll probably get rich and you literally can't lose. Tell you what, I'll give you 5% of the profits because you were such a sport

>>	Anonymous Wed Jan 6 12:34:34 2021 No.25607904 When will this shitcoin stop dumping. I missed on the golden bullrun holding this POS

>>	Anonymous Wed Jan 6 12:36:23 2021 No.25607981 >>25607904 but anon, it's up 6% today

>>	Anonymous Wed Jan 6 12:52:31 2021 No.25608721 Patience is a virtue, gentlemen.

>>	Anonymous Wed Jan 6 13:00:18 2021 No.25609060 File: 78 KB, 994x1024, 1605235414817.jpg [View same] [iqdb] [saucenao] [google] why the fuck is xrp pumping more than us they're literally getting sued, were an illegal security, and delisted off every exchange

>>	Anonymous Wed Jan 6 13:04:50 2021 No.25609273 >>25603840 >she

Anonymous Wed Jan 6 13:05:30 2021 No.25609297 [DELETED]

$PHR PantsOnHeadRetarded is a yield farming NFT project with wrapping capabilities similar to REN and Aavegotchi. That is all. Read more in the Medium article.

https://memecat.medium.com/pantsonheadretarded-phr-token-farming-nft-wrapper-66780d167b17

twitter.com/HeadRetarded

https://dogred1.typeform.com/to/tBXTqqM6

Airdrops are given based on effort, go create publicity for the project. Below you can find a few links to telegrams and discords, there's plenty more crypto instagram facebook, twitter, free discord self-advertising channels to pick from.

Website coming soon.

We're aiming for a 1M marketcap current supply starting point before I launch on Uniswap
10% of the current supply will be airdropped.
5 effort-loving lucky investors get to buy tokens -50% cheaper with an exact amount of 2 ethereum per each person and also receive a limited edition pair of pants NFTs.
Presale will start once we get enough exposure and investors.

PHR planned tokenomics
Total supply - 20k tokens
10k presale+airdrop
6k for farming
4k for advertisement funds boop

Anonymous Wed Jan 6 13:17:30 2021 No.25609737
File: 136 KB, 250x203, 1607093938463.gif [View same] [iqdb] [saucenao] [google]

>>25592040
I would kill to have my employer pay me in Monero. I take an invisible pay cut every second of every day by being paid in USD. Wealth is stolen from me for every moment that my wealth is stored in dollars. Unlike fedbux, Monero isn't a centrally-managed shitcoin.

>>	Anonymous Wed Jan 6 13:17:33 2021 No.25609739 >>25609060 Whales >>25609297 Neck yourself pajeet

>>	Anonymous Wed Jan 6 13:17:39 2021 No.25609746 How the fuck do you buy anything on Kraken?

>>	Anonymous Wed Jan 6 13:20:20 2021 No.25609843 nooo why is it mooning I want to buy more

>>	Anonymous Wed Jan 6 13:24:29 2021 No.25610019 >>25609843 >why is it mooning It's not, the entire crypto market is just going up in tandem right now. XMR/BTC is flat.

>>	Anonymous Wed Jan 6 13:24:40 2021 No.25610027 >>25609746 Did you KYC? Then go to Funding and do a deposit.

>>	Anonymous Wed Jan 6 13:29:42 2021 No.25610216 >>25610027 Yes. I don't know what any of these deposit methods mean though.

Anonymous Wed Jan 6 13:32:07 2021 No.25610320
File: 118 KB, 527x817, snap-467.jpg [View same] [iqdb] [saucenao] [google]

>>25610216
Jeez, if you need to be handheld through that I'm going to double down on my shorts.
Those are banks. You pick one of them, add them as beneficiary in your online bank, and do a deposit WITH YOUR ACCOUNT REFERENCE that you find the kraken deposit page.

>>	Anonymous Wed Jan 6 13:32:18 2021 No.25610326 >>25610216 shouldn't be too hard, it's just a banktransfer https://support.kraken.com/hc/en-us/articles/360021985471-How-do-I-fund-my-Kraken-account-

>>	Anonymous Wed Jan 6 13:37:44 2021 No.25610531 >>25609737 B A S E D

>>	Anonymous Wed Jan 6 13:45:46 2021 No.25610823 >>25610320 >>25610326 This is a pain in the ass. Why can't I just link my bank account like every other platform on Earth?

>>	Anonymous Wed Jan 6 13:47:23 2021 No.25610877 >>25610823 Because you really don't want your actual bank account to be used as collateral for your margin trades.

Anonymous Wed Jan 6 14:01:52 2021 No.25611383

>>25610823
>Buying bitcoin is pain in the ass. I mean, it's almost $200 - why can't I just buy it from the bank or a store? I can't believe I have to do all of this work to get in early on the most advanced decentralized cryptocurrency...
this is kinda what you sound like. i'm guessing Mt. Gox would be too confusing for you too back in the day. it's okay, you can buy our bags from normie base in a year or so.

>>	Anonymous Wed Jan 6 14:07:53 2021 No.25611599 >>25610823 NGMI

>>	Anonymous Wed Jan 6 14:11:43 2021 No.25611750 >>25610823 >Why can't I just link my bank account Ahh i remember when bitcoin was like $150 and I would fucking wire money to btc-e which was in fucking RUSSIA. TOP KEK.

>>	Anonymous Wed Jan 6 14:20:19 2021 No.25612099 >>25610877 I have brokerage accounts linked to my bank account, which I use to transfer money into my brokerage account. Who fucking wires money anymore like it's 1997?

>>	Anonymous Wed Jan 6 14:34:42 2021 No.25612723 Bump

>>	Anonymous Wed Jan 6 14:38:40 2021 No.25612862 File: 310 KB, 1280x1662, 1609885797809.jpg [View same] [iqdb] [saucenao] [google] >>25612171 See you there xmrchad

>>	Anonymous Wed Jan 6 14:43:21 2021 No.25613051 >>25579776 is it really as easy as sending everything to binance, swap to monero and cash out tax free?

>>	Anonymous Wed Jan 6 14:44:16 2021 No.25613082 >>25604305 Their prediction had been completely off for every coin, why do you think monero will be right?

>>	Anonymous Wed Jan 6 14:44:56 2021 No.25613118 >>25610823 They probably only have a license to operate as a broker/dealer and don't have a NACHA agreement.

Anonymous Wed Jan 6 14:46:03 2021 No.25613160

>>25613051
>is it really as easy as sending everything to binance, swap to monero and cash out tax free?
no, because when you sell the monero you need to declare a cost basis. sure, you can declare the cost basis as 0, claim you mined very early, and then pay 15-30% on your entire XMR cash-out. But that is a lot of money depending on your needs.
there is no tax-free cash-outs for meaningful amounts unless your goal is to only spend that money on cash lunches for the rest of your life.

>>	Anonymous Wed Jan 6 14:49:08 2021 No.25613296 >>25607981 That’s just btc pumping, it’s all time low in sats.

Anonymous Wed Jan 6 14:49:38 2021 No.25613320

>>25613082
the numbers are shit and I tell him that every frikkin thread. I think they severaly underestimated the short-to-mid term market irrationality

However the fundamentals (ie. reasoning behind the gain numbers) are sound. There was a quite insightful podcast .mp3 last time, maybe someone can repost the link.

Anonymous Wed Jan 6 15:06:17 2021 No.25613923
File: 177 KB, 640x640, 98749283742342564.png [View same] [iqdb] [saucenao] [google]

>>25613082
>Their prediction had been completely off for every coin, why do you think monero will be right?

Yeah, its a rough guesstimate obviously, timeline will likely be off by a matter of years, BTC only just hit $30K. But the tendency towards a steady constant rise seems to be on the mark.

Monero is a little different due to it being a privacy coin, which brings with it a degree of regulatory uncertainty that regular coins don't face, ergo no real institutional capital flowing into it.

But if you read the study the analysts point out that Monero's primary driver of value won't be institutional capital, it will be the billions in offshore/black money assets that are expected to flow into crypto over the next decade:

>90%+ of cryptoasset value will be derived from penetration of offshore deposits in the next decade

>Currency and Privacy networks will be the largest beneficiaries, as most fundamental value will stem from store of value use cases

> Recently, we have already seen early signs of adoption by some of these cryptoassets; ransoms being posted to large corporations where even BTC could be tracked and was not the preferred method money laundering and asset shielding. Looking into the space, we believe the use cases that target the largest end markets will primarily use XMR (~60%) and ZEC (~ 20)

And we're already seeing this flow start to happen:

>Criminals laundered $2.8 billion in 2019 using crypto exchanges, finds a new analysis
https://www.technologyreview.com/2020/01/16/130843/cryptocurrency-money-laundering-exchanges/

>Latin American crime cartels turn to cryptocurrencies for money laundering
https://www.reuters.com/article/mexico-bitcoin-insight-idUSKBN28I1KD

>Cali Drug Cartel Member Arrested for Crypto Money Laundering
https://decrypt.co/47740/cali-drug-cartel-member-arrested-crypto-money-laundering

>>	Anonymous Wed Jan 6 15:10:10 2021 No.25614066 >>25613320 >Monero $18,000 in 5 years? A talk with Satis Group. https://aphid.fireside.fm/d/1437767933/9813d709-5a6d-4a87-8b5e-46ebf14f99d6/6c733c2b-d644-416b-a518-bcda03824f02.mp3

>>	Anonymous Wed Jan 6 15:12:38 2021 No.25614151 The US capital is under siege, Monerbros. This is fucking insane.

>>	Anonymous Wed Jan 6 15:20:06 2021 No.25614418 >>25589242 Dangerously based

>>	Anonymous Wed Jan 6 15:34:14 2021 No.25614885 File: 2.22 MB, 460x356, 1609924587792.gif [View same] [iqdb] [saucenao] [google] can you use monero to buy ganja off the deep web? asking for a friend

>>	Anonymous Wed Jan 6 15:55:52 2021 No.25615611 >>25614885 Hookers & blow, my man

>>	Anonymous Wed Jan 6 16:00:51 2021 No.25615839 >>25614151 Meh it’s a nothing burger. The luggenpresse will make a big deal of it but riots are literally weekly, and often from the left.

>>	Anonymous Wed Jan 6 16:03:08 2021 No.25615913 >>25614885 See dark.fail for a list of DNM's. Thank me later.

>>	Anonymous Wed Jan 6 16:05:05 2021 No.25615981 >>25614885 yes. whitehouse market.

>>	Anonymous Wed Jan 6 16:08:27 2021 No.25616097 twitter.com/naomibrockwell/status/1346892258474401798 Just in: shapeshift is apparently ending KYC. It's a DEX so it may play nicely with the new wrapped XMR. Livestream intervie with the CEO/founder: youtu.be/RN3wcDFXAFE

>>	Anonymous Wed Jan 6 16:27:33 2021 No.25616777 bizzump

>>	Anonymous Wed Jan 6 16:49:21 2021 No.25617480 >>25616097 Based.

Anonymous Wed Jan 6 17:04:08 2021 No.25617926

Where I can buy monero with the lowest fees?
Just got jewed by Changelly:
>sell some XMR
>sent ETH to Changelly address
>they charged a % trade fee
>they charged 0.01 ETH on-chain fee
>went to see tx said only 0.002 ETH spent for miners
So they just robbed me on 0.008 ETH what the fuck.

>>	Anonymous Wed Jan 6 17:06:24 2021 No.25617991 >>25617926 yes i sold some for eth to ride eth wave and now want to buy back, also you can see from the chart XMR/ETH pair is at all time low, I'm about to buy some XMR I dont think will dip more

>>	Anonymous Wed Jan 6 17:17:32 2021 No.25618371 MONERO IS SO FUCKING STAGNANT AAAAAAAA AAAAAAAAAAAAA AAAAAA AAAAAAAAAAAA AAAAA

>>	Anonymous Wed Jan 6 17:31:35 2021 No.25618865 File: 29 KB, 741x568, thinkbrain.png [View same] [iqdb] [saucenao] [google] to sell half btc stack for monero or not hmmm

>>	Anonymous Wed Jan 6 17:41:07 2021 No.25619181 >>25598281 do i have to be a moonboy faggot to browse this board and talk about monero?

>>	Anonymous Wed Jan 6 17:43:05 2021 No.25619254 >>25618865 >to sell half btc stack for monero or not If you did you'd probably end up regretting it. XMR is as close as you can get to a sure thing in crypto.

>>	Anonymous Wed Jan 6 17:43:15 2021 No.25619262 >>25600884 dude there are already reports of peoples accounts being frozen on exchanges because they sent tainted btc to the exchange anyone buying thru kyc exchange is just lazy and stupid.

Anonymous Wed Jan 6 17:46:40 2021 No.25619395

>>25619262

An Iranian bitcoin trader, Ghorbaniyan was among the wallet holders whose names and blockchain addresses were added to the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) sanctions list last week.

But in the wake of that event, Ghorbaniyan has told CoinDesk that he was unaware of the origins of his apparently tainted bitcoin, which OFAC said was extorted from more than 200 victims including corporations, hospitals, universities and government agencies that were hit with the SamSam ransomware virus.

https://www.coindesk.com/iranian-bitcoin-trader-on-us-sanctions-blacklist-says-hes-innocent

>>	Anonymous Wed Jan 6 17:54:38 2021 No.25619690 how to purchase monero for retards please? thanks also fuck niggers

>>	Anonymous Wed Jan 6 17:59:48 2021 No.25619882 >>25619262 how would you track "tainted" monero?

>>	Anonymous Wed Jan 6 18:00:31 2021 No.25619904 >>25619690 >kycnot.me

LebAnon Wed Jan 6 18:02:43 2021 No.25619979

>>25619395
I know right?
btc maxis in the region here were like but hurr durr you can be private and evade sanctions
this is a prime example of how they CAN sanction and track BTC, hence why they allow it to be bigger and traceable
a based anon once suggested that BTC might actually be governmental though that might be far fetched, imagine if it's code came out almost flawless, maybe it's an experiment on how the people would adopt it instead of fractional reserve banking?
this is all a conspiracy but what if
also XMR is comfy af
hope other sanctioned countries start using it

>>	LebAnon Wed Jan 6 18:04:29 2021 No.25620029 >>25589242 this this is a man I am proud to call my XMR brother stay based anon

>>	Anonymous Wed Jan 6 18:21:34 2021 No.25620612 300+ posts, gentlemen.

>>	Anonymous Wed Jan 6 18:24:11 2021 No.25620703 File: 40 KB, 500x600, freno.jpg [View same] [iqdb] [saucenao] [google] >>25619254 you mean... not regretting it? I'm a long term hodler fundamentalist, XMR is the way it seems, BTC was just the gateway coin to XMR

>>	Anonymous Wed Jan 6 18:25:46 2021 No.25620757 File: 955 B, 20x20, tiny_pepe.jpg [View same] [iqdb] [saucenao] [google] >>25618371 i'm buying the dip unironically

>>	Anonymous Wed Jan 6 18:28:46 2021 No.25620871 >>25620703 Yeah, I misread, thought you meant sell XMR for BTC, hahaha. If you're prepared to let your XMR just sit for a few years it should yield some very nice returns.

>>	Anonymous Wed Jan 6 18:34:02 2021 No.25621050 File: 153 KB, 1000x667, download-2020-09-18T095557.633.jpg [View same] [iqdb] [saucenao] [google] are you expecting the 40k point to be hit by 2028? I feel it can get higher, t. new hodler

Anonymous Wed Jan 6 18:43:29 2021 No.25621409

>>25621050
>are you expecting the 40k point to be hit by 2028?

Thats a ballpark timeline, so could be sooner, could be later. It'll definitely depend on the rate of shadow economy adoption, which will itself depend on its confidence in XMR's reliability, stability and longevity.

So, the first few years will be a gradual testing of the waters followed by a more substantial and sustained influx of offshore/unbanked capital, which is where the the most dramatic gains should be seen.

>I feel it can get higher, t. new hodler

Yeah, I agree.

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