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25660589 No.25660589 [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.25660647
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25660647

Comfiest hold.

>> No.25660721

What are thr devs working on and why isnt it lightning? or some other layer 2 alternative?

>> No.25660944

>>25660721
Atomic swaps first.

>> No.25660955
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25660955

Dear Monero friens, I wish for all of us best of luck and good gains in 2021!

>> No.25661070

>>25660721
Xmr doesn't need lightnight (or an equivalent, yet) because it doesn't have the same scaling, blocksize, or mempool problems that BTC does. Tari is currently being developed as a layer 2 merge-mined side chain that would be rewarded with XMR blocks.

>> No.25661071
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25661071

WAGTMI

>> No.25661093

>>25660589
this is bullish for PirateChain

>> No.25661547
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25661547

Threadly anthem music:
https://youtu.be/VNfhIY5-63I

>> No.25661597
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25661597

>> No.25661653

>>25661597
great meme, truly how it is to have xmr right now

>> No.25661703

>>25660721
Wrapped XMR available at https://www.btse.com/en/otc

>> No.25661738

Unofficial thread techno mix: https://m.youtube.com/watch?v=Ww9VtKqprUY

>> No.25662224
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25662224

>> No.25662356
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25662356

>> No.25662373
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25662373

>> No.25662417
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25662417

Daily reminder that Bitcoin's inherent infungibility has real-world consequences and that the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) maintains a list of tainted digital currency addresses.

Sauces:

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

https://home.treasury.gov/news/press-releases/sm556

https://home.treasury.gov/policy-issues/financial-sanctions/faqs/646

>> No.25662486
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25662486

>>25661738
>>25662373
the combo of this music and this image has made my fucking day, I feel like I'm inside the XMR blockchain right now

>> No.25662515
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25662515

>>25662417
Based

>> No.25662532
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25662532

am i doing it right lads

>> No.25662533

>>25662373
I'm out of the loop, what up with that dude?

>> No.25662669

>>25662486
hahaha this comment made me so happy. I'll try to keep posting mixes in these generals
>>25662532
based and node pilled. good job anon.

>> No.25663379 [DELETED] 

bizzump

>> No.25663486
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25663486

>> No.25663530

>>25663486
Based

>> No.25663761
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25663761

>>25663486
is that...

>> No.25664056

>>25663486
Based and heartwarming

>> No.25664120

Unironically, will 100 XMR make it?

>> No.25664181

>>25664120
An unknown amount will make it, unironically

>> No.25664351

>>25664120
i'm working towards that
currently have 11XMR, I don't think it's enough to make it

>> No.25664380
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25664380

>>25664120

Since XMR is projected to eventually hit 5 figures, 100 should eventually yield you at least $1 million, probably more.

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

>> No.25664456

>>25664120
In 100 years maybe. This shit only makes up for inflation

>> No.25664560

>>25664456
Kek.
There will be less Monero than Bitcoin until 2040. Try harder.

>> No.25664576

>>25664351
I am around 50, hopefully can get to 100 soon. I try to space my buys but on the other hand I feel like it will moon at least a bit soon and reach new support level

>> No.25664633

>>25664576
No anonfren, you have an unknown amount. Never tell anybody, even strangers on a Laotian Krav Maga board

>> No.25664677

>>25664576
Just buy some shitcoins and then sell them for Monero again

>> No.25664774

Monerochads asking a question here. Why is XMR/USDT always more expensive than XMR/BTC. Cant I just sell for USDT and buy back in cheaper and make more gains? Or am i retarded

>> No.25664848
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25664848

how do I get this shit to stop happening

>> No.25664969
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25664969

>>25664576
>I am around 50, hopefully can get to 100 soon

Even 50 should be enough to get you into millionaire territory eventually, it'll just take a while longer. Monero is still in the VERY early stages of shadow economy adoption and is expected to see significant influxes of offshore/unbanked capital over the next decade, boosting its marketcap by orders of magnitude.

>> No.25665008

>>25664848
Update your monero software.

>> No.25665025
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25665025

comfy sitting on heavy bags, buying more all the time

>> No.25665242
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25665242

>>25664969
Fukken saved

>> No.25665984 [DELETED] 

bamp

>> No.25666004

>>25664774
While I’m sure there’s always gonna be some kind of easy triangular arbitrage that’s POSSIBLE between BTC/XMR/Stablecoins, that’s not how it works, XMRs price compared to BTC looks so shitty because BTC is getting more expensive. If you’re looking to boost sats, XMR is clearly not the best option.

>> No.25666066

Nice scam bro

>> No.25666171

not trying to increase sats, increase my XMR bag

>> No.25666224

scam pedo coin

>> No.25666502

>>25666224
Tell that to millions of satisfied paedophiles and drug users

>> No.25666672
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25666672

>>25666066
>Nice scam bro

>> No.25666900

>>25664969
based!

>> No.25667121

Monero is dead smart money is in ZEC 500 eoy

>> No.25667253
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25667253

>>25666224
pedos are the soul of the crypto community

>> No.25667277
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25667277

>>25667121
>smart money is in ZEC 500 eoy

convince the darknet and then we'll talk

>> No.25667871

ARRR will pump and explode, then trade for XMR.

>> No.25668230
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25668230

>> No.25668325

>>25661653
A soon-to-be declared federal crime punishable by up to 10 years in prison?

>> No.25668535

>>25661738
this shit is lit af

>> No.25668648

>>25660589
stop making the general, the general is making us dump. It has only gone down since you started the general and I insist that you cease and desist the general

>> No.25668990

>>25668648
ThE gEnErAl Is MaKiNg Us DuMp
I think the XMR devs would approve of the DGs

>> No.25669103

Lads i don't know what im doing
I got 400 dollars from work and put it into binance then bought btc for fiat and then went to the btc market and bought as much monero at market value as i could afford

Is that what youre supposed to do

>> No.25669225
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25669225

>>25669103
Yes.

>> No.25669262

>>25669103
litecoin has lower fees

>> No.25669281

>>25661738
could have at least posted a non dorky boiler room set
https://www.youtube.com/watch?v=-ihLkFscHKQ

>> No.25669360

>>25667277
Monero is probably better for darknet, worse for rich westerners trying to avoid taxes as the welfare state collapses. Greyscale and inbred facefag twins are shilling as virtual swiss bank account/gemini allowing shielded withdraws with NY state approval

>> No.25669454

>>25668325
kek

>> No.25669474

>>25669262
No, it doesn't.
Google it.

>> No.25669616

>>25668648
bullish

>> No.25669692
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25669692

>>25669474
okay

>> No.25669723

>>25669360
hmm, how would that work in europe? and why exactly is monero worse?

>> No.25669822

>>25669692
Bro thats btc youre comparing to, not xmr

>> No.25669943

>>25669281
I’ll check this mix out.
Although calling surgeon dorky is straight up disrespect. He’s a legend.

>> No.25669995

>>25669723
Retard devs and less institutional support

>> No.25670115

>>25669995
>Retard devs
*citation needed*

>> No.25670332

>>25664380
Its wishfull but the price prediction for 1 year is already stupidly wrong...

>> No.25670613
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25670613

>>25660589
sorry for not going through the thread if there is the answer but what was the reason XMR suddenly dropped from USD 168 to 130 on 1 January? Is there a high probability of dropping like that again in the near future?

>> No.25670767

>>25670613
Bittrex delisted Monero, so it created a panic from weak hands thinking Monero would get deslited everywhere.
Bittrex had 0.07% of Monero's total daily volume, so it is a nothingburger.

>> No.25670932
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25670932

*tee hee*
hey anon, how much Monero do you have?

>> No.25671217

>>25669692
Avg LTC Transaction fee:
0.0003 LTC ($0.049 USD)

Avg XMR Transaction fee:
0.000017 XMR ($ 0.0022 USD)

>> No.25671278

>>25670932
you're gonna have to be lewder than that to get an answer out of me

>> No.25671470

>>25670932
Monero Chan would never ask, and the answer is always [an unknown amount].

(NewFrenz- never tell us or anyone else what you hold)

>> No.25671582

>>25667253
Bob was arrested for using a non fungible, traceable shitcoin.

>> No.25671794

Can you actually use this shit to buy drugs and porn and guns

>> No.25671877
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25671877

>xmr thread

>> No.25671900

>>25671794
You can use it to buy anything that’s for sale by an individual willing to accept Monero.

>> No.25671962

ahem

atomic swaps are priced in.

fuck niggers.

that is all

>> No.25672000

>>25669943
was just the around who looked real dorky lol

>> No.25672027

2k$ EOY 10k$ 2022

>> No.25672033

>>25671962
They most definitely are not dumb nigger

>> No.25672066

>>25672033
ive been in crypto since 2011. when did you get into crypto tranon? (tranny anon)

>> No.25672182

>>25671794
idk, I never heard of people using ordinary dollars to sell that kind of stuff did you?

>> No.25672691
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25672691

Is this bullish or bearish for monero?

>> No.25672805

>>25672691
it's bullish because Maxis unironically think that Bitcoin will be able to compete with Monero on the privacy front. Those fools are utterly deluded.

>> No.25672879
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25672879

>> No.25673014

>>25672805
Are the privacy BTC forks even possible?

>> No.25673610

>>25673014
maybe but no one will use them

>> No.25673642

>>25673014
they aren't possible for Bitcoin because the maxis (and their followers) will never agree with the necessary hard forks required to make transactions private.

>> No.25673693

>>25672691
>bitcoin also will support confidential transactions in the future
They can't even agree to increase the block size. The code for confidential Bitcoin transactions has been around since 2013. It's never going in.
>bitcoin is that big now that governments can't suppress it anymore
It's already been subverted. Glowniggers may or may not have been involved in the block size "debate", but either way it's now permanently unusable as peer-to-peer electronic cash. It's permitted to exist because government isn't threatened by it, not because it's too big.

>> No.25673758

>>25672691
optional privacy is useless

>> No.25673937

>>25672066
Nice LARP.
If you’re legit you’re either a tremendous failure, or have in fact made many millions, but are such a loathsome individual you spend your time here anyways.

>> No.25674640

Hello XMR bros :3
Just swapped some BTC for 75 XMR
Happy gains frens <3

>> No.25674735
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25674735

>>25674640
>saying how much you have rather than an "unknown amount"

no

>> No.25674779

>>25674735
ok fedora, this is a general.

>> No.25675199

>>25674640
The wojacks are pink today, hope you get to see some gains fren

>> No.25675820
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25675820

Bamp

>> No.25675865
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25675865

>>25674640
First rule of XMR club, don't talk about your XMR. The details of your (theoretical) XMR holdings are known only to you, the blockchain, and God. No one else.

>> No.25676459

>>25671470
chad response

>> No.25676713
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25676713

>> No.25676839

>>25676713
Thank you comfy riccardo