/XMR/ Monero General

[Anonymous No.26015369]

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 No.26015479]

>>26015369
When does the tether hammer drop? I’m ready for some cheapies.

[Anonymous No.26015622]

>>26015479
>he fell for the tether fud

[Anonymous No.26015627]

>>26015369
THANK YOU COMFY RICCARDO

[Anonymous No.26015669]

THANK YOU COMFY RICCARDO
>>26015479
We'll have to wait for evidence to be entered into the court case I guess

[Anonymous No.26015702]

I bought at $165

[Anonymous No.26016199]

>>26015702
Cheap in the long run

[Anonymous No.26016392]

>>26015702
Buy 100 XMR at $160.

Wait till XMR is 0.01 BTC.

Sell XMR for BTC. Got a BTC at $16k

Could be worse.

Anyone who asks me about buying BTC right now, this is what I'm telling em to do.

[Anonymous No.26016453]

>>26016392
>Buy 100 XMR at $160.
This but finish here

[Anonymous No.26016458]

>>26015369
0xMonero

[Anonymous No.26016473]

>>26015369
THANK YOU COMFY RICCARDO

[Anonymous No.26016499]

>>26015369
the crypto finale unfolding right before our eyes
WHAT A TIME TO BE ALIVE
this is going to be a massive shitfest and I love it already

[Anonymous No.26016524]

How long does the cake wallet exchange normally take?

[Anonymous No.26016593]

>>26016458
Can't wait until there's 0 x pajeets instead of the 0xpajeet

[Anonymous No.26016652]

THANK YOU COMFY RICCARDO

[Anonymous No.26016661]

its been crabbing $159-$162 for the past 5,000 years
DO SOMETHING

[Anonymous No.26016738]

>>26016458
nope. 0xmonero is still vaporware bullshit
just like the last hundred times you spammed it
shut up dickless little moron
https://www.reddit.com/r/CryptoMoonShots/comments/i27fhk/0xmonero_summary_of_findings/
>>/biz/thread/S24750658#p24755504

[mrbean !LarjpgJFOs No.26017006]

I missed this thread

[Anonymous No.26017152]

do I buy and hold now or wait for a better entry point?

[Anonymous No.26017190]

>>26016199
baserinooo

[Anonymous No.26017237]

>>26017152
dca

[mrbean !LarjpgJFOs No.26017238]

>>26017152
lots of features are on the horizon for Monero
when those drop, the price is going to go up (especially for atomic swaps)
I don't think you're going to get a better price than the current price

[Anonymous No.26017264]

>>26015369
How will XMR scale to 100,000 tx/second so that the entire world can achieve salvation from the tyrants we currently live under?

[Anonymous No.26017485]

>>26016661
>its been crabbing $159-$162 for the past 5,000 years
Crab like an agyptian.

[Anonymous No.26017702]

>>26017238
>>26017237
thanks for the advice, bros
what's a good /makingit/ amount that I should aim for? was thinking of working my way up to at least 100 if not more

[mrbean !LarjpgJFOs No.26017787]

>>26017702
[unknown amount] anon

If you predict that XMR is going to reach BTC price levels in the next 5-10 years (and it will), you can calculate the /makeit/ stack yourself

[Anonymous No.26017789]

>>26017702
That sounds like a good unknown amount
How long are you planning to hold?

[Anonymous No.26017800]

>>26016661

please dont. Im saving money to go all in

[Anonymous No.26017916]

>>26016392
>Buy 100 XMR at $160
I make $120k a year but I don't have $16,000 lying around

[Anonymous No.26018168]

>>26017787
gotcha, good stuff anon
it seems a solid coin from a technical perspective, is that the reason everyone thinks it'll reach BTC levels?
>>26017789
I consider myself pretty patient, I could sit on it 10-15 years if need be if I can /makeit/ in the end

[Anonymous No.26018373]

>>26016499
i'm a monero maxi but this doesn't include OTC transactions right? grayscale, paypal, and microstrategy are not using tether to buy from miners. i hate tether but this is garbage fud.

[mrbean !LarjpgJFOs No.26018385]

>>26018168
It will reach BTC levels because all the normies who think BTC is the future of money haven't realised that the ledger is 100% transparent.
Once they finally catch on that perhaps they would like at least some privacy, then XMR will start gaining.
I am not sure as to when that will happen, but I believe it will be in the next 3 years.

The code is solid. The developers are transparent and openly engage with hackers trying to break it, they don't hide any flaws (see Breaking Monero).
Additionally, they fundraise money to audit any important new code they want to merge. Yesterday they asked for $15k to audit Bulletproofs+, and they raised the funds in less than 24hrs. Monero is a serious project.

[Anonymous No.26018533]

>>26018373
>grayscale, paypal, and microstrategy
literally not even 5% of btc marketcap kek
>garbage fud
we'll see about that

[Anonymous No.26018542]

For now Monero is going to dump big-time. Too little buy volume at this price. We are going back to 130 prob.

[Anonymous No.26018605]

>>26017702
>what's a good /makingit/ amount that I should aim for? was thinking of working my way up to at least 100 if not more

100 XMR should be enough to yield you a couple million some years from now.

[Anonymous No.26018640]

>>26015369
Right now I'm converting all my XMR to other cryptos... But I'll convert it all to XMR back again later

[Anonymous No.26018656]

Monero threads are full of anime weeaboos, lmao

[Anonymous No.26018679]

THANK YOU COMFY RICCARDO

[mrbean !LarjpgJFOs No.26018694]

>>26018656
As if pepes and pink wojaks spamming the board are better?

[Anonymous No.26018919]

XMR is now number 2 in my portfolio
It's resistant to crashes imo and has a long way to go before ATH
By the way, can i buy stuff with it? Something thst isn't illegal preferably

[Anonymous No.26019059]

>>26017916
Buy 0.4 bitcoin instead, lol.

[Anonymous No.26019183]

>>26018656
wtf i love monero now?

[Anonymous No.26019215]

>>26018656
And?

[Anonymous No.26019285]

>>26018385
>It will reach BTC levels because all the normies who think BTC is the future of money haven't realised that the ledger is 100% transparent.
>Once they finally catch on that perhaps they would like at least some privacy, then XMR will start gaining.

Indeed, BTC's inherent non-fungibility has been making more headlines recently but currently very few normies realize the US government actually maintains a blacklist of tainted digital currency addresses.

>US Treasury Department Blacklists 20 Bitcoin Addresses Tied to Alleged North Korean Hackers
https://www.coindesk.com/us-treasury-department-blacklists-20-bitcoin-addresses-tied-to-alleged-north-korean-hackers

So as BTC taint continues to proliferate we're going to see more higher-profile cases of people having their BTC blacklisted, which doesn't bode well for the Bitcoin Empire.

Fungibility matters.

[Anonymous No.26019313]

>>26018919
https://www.getmonero.org/community/merchants/
Scroll down

[Anonymous No.26019322]

What makes this different from all the other shitcoins?

[Anonymous No.26019398]

>>26018656
Yes?

[Anonymous No.26019407]

>>26018919
Would you like to buy some pizza for 10,000 XMR?

[Anonymous No.26019443]

>>26019322
This one has the cutest girl.

[Anonymous No.26019444]

>>26017916
how is that even possible

[Anonymous No.26019458]

>>26019322
>What makes this different from all the other shitcoins?

Its private, fungible and is currently replacing Bitcoin as means of payment.

[Anonymous No.26019491]

>>26019322
It's open source, community funded, and our ethos is anti moon boy. Monero maxis don't care about price, only increased utilization- and our daily TXs are constantly climbing.

Oh yeah, most importantly: IT WORKS.

[mrbean !LarjpgJFOs No.26019615]

>>26019322
Shitcoins are speculation tools by whales. They pump/dump in a week
Monero is an actual cryptocurrency. It's private, fungible, and untraceable. It's what online black markets like dark markets use.
Monero is not a moonboy toy, it's a long term hold. It will not moon overnight, it will make steady yearly gains.

If you're a moonboy hoping for a quick buck, we kindly ask you to leave this thread.

[Anonymous No.26019842]

>>26018919
>resistant to crashes
>down 10% within 24 hours
Kek

[Anonymous No.26019859]

the most alpha privacy play available rn is to all-in suterusu

after it 100x, go 80% xmr 20% suter

[Anonymous No.26019869]

>>26019458
I dont see how this being used by criminals makes it any more legitimate. Normies dont care about that sort of shit, and if anything it being used in alot of illicit dealings will make govts that much more likely to crack down on it

[Anonymous No.26019982]

>>26019869
Do you know Bitcoins history? Because it was a meme until the Silk Road.

[Anonymous No.26020090]

STOP SELLING YOUR MONERO!!!!
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

[Anonymous No.26020597]

>>26016661

[Anonymous No.26020711]

>>26017264
someone answer me. I don't expect it to happen for 5 years but I am curious about any conceivable paths to this

[Anonymous No.26020718]

>>26019869
>I dont see how this being used by criminals makes it any more legitimate.

Criminals actually make great tech auditors because their freedom depends on getting it right.

So the fact that they're turning to Monero en masse speaks volumes about its efficacy and reliability.


>Normies dont care about that sort of shit

They care about this sort of shit when they're enjoying the safety and convenience of buying drugs on the online black market, a market that is expected to rapidly grow in coming years, for obvious reasons.

And Monero just so happens to be in the process of becoming the default and only means of payment on said market. Just think about that.....millions of normies around the world literally FORCED to buy and use Monero on a REGULAR basis in order to get their fix in the mail.....consistent demand driving up the price... makes me tingly just thinking about it!


>and if anything it being used in alot of illicit dealings will make govts that much more likely to crack down on it

Since atomic swaps are on the way, it ultimately won't matter. Cracking down and banning XMR wouldn't actually hinder access, it would only reinforce the perception of scarcity, further driving up the price.

[Anonymous No.26020890]

>>26019842
It has literally been crabbing forever between 150-170 wtf you talking about

[Anonymous No.26021177]

>>26020711
I thought it was dependent upon the average node bandwidth. If that’s the case we just need moar bandwidth.

Am I just a retard? Also curious on the answer to this.

[Anonymous No.26021215]

>>26015369
THANK YOU COMFY RICCARDO

[Anonymous No.26021245]

>>26021177
https://monero.stackexchange.com/questions/405/how-many-transactions-per-second-can-the-monero-network-handle

[Anonymous No.26021470]

>>26017264
>>26020711
It’s hard to say. Blockchain technology is notably awful for scaling, so at the levels you are talking about, it would require a second layer solution.
If monero is just the privacy layer for crypto, it’s entirely possible that it will just operate as a bank, and if somebody wants to do faster transactions, they can then atomic swap to a crypto that is much faster (so if the lightning network does end up happening, then you can swap Monero to a new bitcoin wallet and be free from kyc).
Moneros base layer takes into account growth in transactions, and it therefore scales good in the long term because transaction fees will remain low. The problem is that hard drive space will be required to hold the blockchain and verification speed will be tricky, so it’s a balancing act between allowing the blockchain to grow (not capping block sizes) and also hedging that tech innovations will follow that will make syncing the block chain continually faster.
I think it’s also possible that Monero will simply learn from Bitcoins mistakes and a better lightning network or second layer solution will be created.

[LebAnon No.26021662]

comfy Riccardo
based thread

[Anonymous No.26021803]

>>26018656
Anime website

[Anonymous No.26021984]

>>26019859
I'm actually going with a suter/xmr combo. I'm done accumulating suterusu and I'm using the staking rewards to help a little bit with my monero accumulation. If suterusu moons this summer I'll dump 100k of them and buy monero.

[Anonymous No.26022033]

>>26018656
and that's a good thing

[Anonymous No.26022203]

>>26020711
> How will XMR scale to 100,000 tx/second so that the entire world can achieve salvation from the tyrants we currently live under?
>someone answer me. I don't expect it to happen for 5 years but I am curious about any conceivable paths to this

The maxipad notion of "One Coin to Rule Them All" is narrow minded, not every crypto transaction necessitates Monero-tier anonymity so Monero likely won't ever need to scale that high.

Having ACCESS to Monero's transactional privacy on demand is what matters, so think about Monero as a protocol that will also function as the God-Tier privacy layer for other coins.

So, you'll buy your daily coffee with BTC/LTC/NANO/whatever but when you require actual banking secrecy you'll route your transaction through Monero via automated atomic swaps, thus sparing the XMR network from having to process minor, inconsequential transactions.

[Anonymous No.26022210]

>>26019443
Yup

[Anonymous No.26022280]

>General
very nice me-me-s you got here

[Anonymous No.26022334]

>>26022280
>outsiders think we are using sockpuppets
bullish

[LebAnon No.26022359]

>>26022033
based

[Anonymous No.26022508]

>>26021470
yeah, I hold my wealth in bitcoin for scarcity and because realistically it isn't going anywhere long term, and I have zero concern it will be delisted at this point, unlike monero which is a constant risk. store of value wise it's the only coin surpassing it's previous highs.

every bitcoiner has a soft spot for monero, but I think the best way to use it is to swap in and out with bisq or atomic swaps, and basically just use monero as a bitcoin sidechain. I think privacy techniques on bitcoin will get way better than most people expect as well. monero has its own privacy tradeoffs as well, dynamic block size means low fees, which means it's easier for a well capitalized state actors to sybil the chain and deanonymize people that way

[Anonymous No.26022526]

>>26022334
W

[Anonymous No.26022550]

>outsiders
>we
>W

[LebAnon No.26022585]

>>26016453
basederino

[LebAnon No.26022628]

>>26017916
damn what area takes so much taxes

[Anonymous No.26022879]

if the tether shit fucks up how will xmr react on it?

[Anonymous No.26023008]

>>26022508
>yeah, I hold my wealth in bitcoin for scarcity and because realistically it isn't going anywhere long term, and I have zero concern it will be delisted at this point,

The long-term concern with BTC isn't accessibility, its fungibility and taint.

[Anonymous No.26023333]

>>26022879
USD ratio decrease, sat increase

[Anonymous No.26023453]

>>26022879
It would be one of the few times it would make short-term fiscal sense to sell a portion of your XMR for BTC.

[Anonymous No.26023514]

Anyone use cake wallet?
It's been 2 and a half hours and still no sign of my monero

[Anonymous No.26023554]

>>26023514
what's on the other end?

[Anonymous No.26023688]

>>26023554
I used the in built exchange, sent over a load of Litecoin
I've exchanged bitcoin in the past and it definitely didn't take anywhere near this long, bit concerning seeing as the whole reason I used ltc is because it's meant to be faster.

[Anonymous No.26023775]

>>26023514
Don't worry my transaction took all night. It's either paper hands or chads buying that is clogging the network.

[Anonymous No.26023996]

>>26023775
I'll be patient, just a little on edge as this is a huge chunk of my portfolio
Been using XMR on minecraft for a year now, but i've finally decided to take the investment pill

[Anonymous No.26024131]

>>26023996
Always send a tester that’s just above the minimum send amount. You’re probably fine though, it’s kinda hard to fuck up crypto transactions now.

[Anonymous No.26024181]

>>26023514
cake wallet wouldn't be the cause, either you're connected to a bum node, the tx was never verified, or you sent to a wrong address

[Anonymous No.26024193]

>>26023688
changenow? you can track the progress on their website

[Anonymous No.26024282]

>>26024193
sweet, didn't realise that was an option
nice one mate
>>26024181
I've tried a few different nodes but i'll keep reconnecting

[Anonymous No.26024283]

>>26023996
You can use your transaction I'd on the change now website to see a more accurate status report.

[Anonymous No.26024305]

>>26024282
the default cake wallet node should be fine. if you used an exchange check the status with them first

[Anonymous No.26024328]

>>26018919
shopinbit.com
xmr.to for every vendor that excepts btc

[Anonymous No.26024375]

>>26019615
>If you're a moonboy hoping for a quick buck, we kindly ask you to leave this thread.

based

[Anonymous No.26024410]

EXEM ARE

[Anonymous No.26024473]

>>26024410

MUH NERAZ

[Anonymous No.26024711]

>>26017264
>>26020711

>>26021245
this is only the CPU aspect, you also need to consider bandwith and storage requirements. Realistically the network as of now can 10-100x the current transactionswithout much issues. Beyond that you'll need faster internet access.

>100,000 tx/second
second layer solutions are already proposed, but development is paused until xmr-to-xmr-sidechain transactions are implemented. It's essentially like an atomic swap, but all within xmr.

Details: https://ipfs.io/ipfs/QmdbNm6GCRP23tBDbs9JXQst65RWUZH1383zYcmkThAJLo/Scaling%20Monero.%20Sub-Ledgers.signed

If you assume that each sub network can handle 1000tx/s eventually, than you'll only need 100 side chains to reach the stated target of 100ktx/s

The sidechains also make it possible to have faster nano-like transaction speed in the sub second range.

[Anonymous No.26024771]

>>26015369
When will Bitcoin mining reward go to zero?

[Anonymous No.26024862]

I cashed out some of my XMR for this new watch, thoughts?

[Anonymous No.26024910]

>>26017264
>>26020711
100,000 tx/s is a shit ton. That's more than Visa is capable of (76,000) according to their own website. Realistically, monero would need to adopt something like mimblewimble or an off-chain solution to come close to those levels practically. Assuming bulletproofs+ is implemented, we will be looking at something like 178MB/s of transactions. That means even in 10 years, the average person wouldn't be able to run a node based on internet connection alone. In 25 years it might be on the edge of possibility if you have a high end fiber connection. At those levels, the blockchain would grow at 5378 TB/year, which again is insane.

If we look at something like 7000tx/s we get some numbers that are very hopeful in my opinion. That would put the blockchain at growing by 12.5MB/s and 376.5 TB/year. Again, these numbers are high, but I believe they will be within the affordability of a wealthy enthusiast or a semi-pro miner in 10-25 years. Keep in mind that with this kind of throughput, RPC pay to node operators will be significant. I would doubt if there would be as many nodes as bitcoin has, but 10k-100k nodes is hardly a centralized system compared to traditional banking. 7,000 transactions per second is about 1000x what bitcoin is capable of, and is close to 1/10 of what Visa is capable of today. I think side chain transactions could close the gap between monero and visa in this scenario.

[Anonymous No.26024913]

>>26024862
Hi Henry

[Anonymous No.26025026]

>>26018656
you are aware this is an anime website, right anon?

[Anonymous No.26025093]

Should I install the gui wallet on an external hard drive?

[Anonymous No.26025250]

>>26025093
Preferably a good quality ssd and make password encrypted backups onto M-Disc burns.

[Anonymous No.26025276]

>>26025093
install wherever but just make sure to keep your seed and backups safe

[Anonymous No.26025304]

>>26023008
that's not my point, bitcoin is a global player now and isn't going away, period. the most accessible thing will be the most liquid, and the more liquid it is the more capital it can absorb which means it can grow even bigger. bitcoin is gearing up to be a global reserve asset. if you want privacy for a certain transaction you can just hold bitcoin and atomic swap into monero. I'm bullish on bitcoin privacy techniques too, but that's a longer discussion

[Anonymous No.26025841]

is it likely we'll have a dip like this again soon? been looking to increase my holding

[Anonymous No.26026170]

>>26025304
>bitcoin is gearing up to be a global reserve asset.

Fungability matters if you're aiming to become a global reserve asset. This fact will become starkly apparent once atomic swaps are up and running and tainted Bitcoin starts flooding in, virginal BTC will start being prioritized by XMR holders essentially creating two tiers of Bitcoin: clean and dirty, with the dirty variant being valued less and premiums being charged for its acceptance. Meanwhile, 1 XMR will always = 1 XMR.

The fact that the US govt maintains a blacklist of tainted BTC addresses that is consistently expanding is frankly quite unsettling, never knowing if the BTC you receive will end up being blacklisted at some point will not sit well with people.

>I'm bullish on bitcoin privacy techniques too, but that's a longer discussion

Optional bolted-on privacy added as an afterthought will never be as reliable as default privacy built from the ground up. It might be "good enough" privacy but it certainly won't be "the best possible" privacy, so if your freedom depends on it you'll still use Monero.

[Anonymous No.26026510]

>>26025841
rn the market is kinda turbulent, 10% swings care common. so yeah, within the next few days you might get a chance

[Anonymous No.26026960]

>>26026510
lovely to hear, i'll keep my eye on it

[Anonymous No.26027017]

[Anonymous No.26027081]

>>26027017
bullish, could you please post the orginal?

[Anonymous No.26027368]

50 tainted Bitcoin addresses officially blacklisted as of September 2020.

[Anonymous No.26027633]

Is there any actual reason to run a node? wouldnt it make you more traceable and liable?

[Anonymous No.26027821]

>>26027633
what do you mean by liable?
and what do you mean by more traceable?
running a node means you are helping support the network and relay transactions. It also allows you to broadcast your transaction from your own computer which means you aren't relying on a remote node.

[Anonymous No.26028031]

>>26027821
Well I assume when determined people are looking at a node they can see stuff like IP and hardware. Then if determined people wanted to they can tie you to transactions that facilitated illegal stuff. Am I missing something?

[Anonymous No.26028048]

Nobody wants your pedocoins, OP. Stop shilling. On and off-ramps will all be removed soon, because Monero is actually too good for it's own sake. Monero will fail because it is too powerful, that is why druggies and scummies use it. Which gov or company will support that shit? None.

Naive fucks.

If you need to do shady transaction one would just exchange BTC to Monero on a dex, do their thing and exchange back without hodling in Monero.

[Anonymous No.26028314]

>>26028048
>On and off-ramps will all be removed soon
Atomic swaps coming soon.
>Which gov or company will support that shit?
Those who support freedom and self-determination.

The strongest reason for people to retain the right to keep and transact in anonymous money is, as a last resort, to protect themselves against tyranny in government.

Monero gives people the power to go on their daily lives even under economically adverse conditions.
Countless times in history have people been cheated out of the fruits of their labor by rulers and central banks. In order to avoid such fates, free people require free money: Money that is not at the whim of whoever is in power.

It is time to get crypto back to its original vision again!

[Anonymous No.26028345]

>>26028031
If somebody is broadcasting a node then their ip address would be visible if they aren't going through tor or i2p. However, it wouldn't prove anything other than that the person is running a node.
It would be impossible to tell that the person who is running the node is sending transactions or if they are relaying transactions from other people who are sending transactions.
>they can see stuff like IP and hardware
they would only see an ip address. you can't derive hardware from a node.
> Then if determined people wanted to they can tie you to transactions that facilitated illegal stuff
They can't tie you to transactions. How would you prove somebody has made a transaction? How would you tie a transaction to "illegal stuff"?
Also Monero isn't illegal. You are starting the conversation from the belief that Monero is illegal, when the reality is that it is completely legal. Even in the several countries that have strong armed exchanges to not allow privacy crypto (such as Australia) Monero is still legal. You can still send Monero transactions in Australia. There is no legal precedent that you are standing on that states that encryption or cryptocurrency is illegal.
>Am I missing something?
Yeah, you have been convinced by state propaganda that encryption is bad and that Monero should be illegal. This same FUD was repeated ad nauseam against bitcoin.

[Anonymous No.26028391]

>>26028048
>Which gov or company will support that shit? None.
that’s why I’m buying it retard
fuck them
and fuck your narrative where your xrp or whatever shitcoin you’re holding becomes the normative investment of institutions
want to play by the rules->get raped

[Anonymous No.26028550]

>>26028048
>On and off-ramps will all be removed soon

Doesn't matter, atomic swaps.


>Monero will fail because it is too powerful, that is why druggies and scummies use it.

They use Monero because it works. And if it works for those lowlifes it'll also work for the higher-ups scumbags with billions in assets.


>Which gov or company will support that shit? None.

To thrive, Monero doesn't need to appeal to governments or industry, it just needs keep being useful to moneyed offshore and underworld elements, as is explained by fintech analysts.


>If you need to do shady transaction one would just exchange BTC to Monero on a dex, do their thing and exchange back without hodling in Monero.

Why hold BTC if there exists a non-zero chance it might end up on a govt blacklist? Why hold BTC if the balance is open to public view?

[Anonymous No.26028682]

>>26019869
I could change the site style to Burichan, edit the post date and number, remove the ID and this post would pass as ancient BTC fud.

How do you not realize you’re about to miss it AGAIN???

[Anonymous No.26028710]

>>26028314
>>26028345
>>26028391
>>26028550
You are missing the point. Bitcoin has "government approved" legitimacy behind it, because there is always excuse that "Bitcoin is transparent" and "look at institutions holding it" and all that. Institutions actually buy Bitcoin, they would never, EVER buy a Pedocoin, even if it works better than Bitcoin.

Yes, Monero is good.
Monero's fails by succeeding.

Bitcoin is good enough to be decentralised and transparent enough to stealthily get mainstream adoption, governmental and institutional acceptance.

And Bitcoin will get anonymity features AFTERWARDs, after the stealth phase. Monero, on the other hand, goes out from start guns blazing and rightfully gets labelled as crimecoin (which it unironically is).

Using Monero for crime is smart.
Investing in Monero is stupid, because big money won't do it, so your investment thesis will rely on "dark net market adoption" lmao

[Anonymous No.26028929]

>>26028710
>You are missing the point.
No, I am completely aware of the point. It is you who has no fucking clue what you are talking about.
Read the fincen pdf that got released recently. This is coming straight from the feds -- there is no difference between Monero and Bitcoin when it comes to regulations. Monero is the second most referenced cryptocurrency in that document. They are clearly aware of Monero, and they are aware there is nothing that they can do to stop it, because legally there is no precedent to banning a p2p currency.
> Institutions actually buy Bitcoin, they would never, EVER buy a Pedocoin, even if it works better than Bitcoin.
They said, literally, the exact same thing about Bitcoin.
>And Bitcoin will get anonymity features AFTERWARDs,
No it won't.
You have no idea what you are talking about.
You can't have privacy on a transparent ledger. You can't have non optional privacy. You either have privacy built in or you don't. We are already seeing wallets getting flagged and we will soon see miners rejecting transactions being made to flagged wallets.
>Monero, on the other hand, goes out from start guns blazing and rightfully gets labelled as crimecoin (which it unironically is).
Bitcoin got started as a "crimecoin" you retard.
>Investing in Monero is stupid, because big money won't do it, so your investment thesis will rely on "dark net market adoption" lmao
How much was Monero worth in 2015/2016?
Is privacy a bigger issue today than it was 5 years ago?
You brainlets are never going to make it.

[Anonymous No.26028952]

>>26028710
yeah this guy gets it. the only money that exists is that which is under control of the government.

i mean they spent the last 50 years ensuring people had no money left as it was removed from circulation and replaced with some paper notes that actually say 'big money' right on em and everything, right?

there's no way monero isn't a shitcoin!

[Anonymous No.26029002]

>>26028929
I meant to say, you can't have optional privacy*
and that you need nonoptional privacy.
The reason being is that Bitcoin will only ever soft fork, rendering any privacy enhancements fucking useless.

[Anonymous No.26029006]

>>26028710
Another way of saying all of this is, “I was too much of a pussy to buy btc when it was only used on the Silk Road, and I will be just as big of a pussy with monero!”
It’s okay anon. When winklevoss and Michael seylor and Elon tweet about monero next year you’ll buy our 4-figure bags like the good little lemming you are.
After all, you were late to bitcoin.

[Anonymous No.26029024]

>>26028710
>your investment thesis will rely on "dark net market adoption" lmao
how is this problematic you midwit
do you have any idea of the number of people using dnm?
darkmarket has been took down the other week and german police claimed that they had 500k users
we’re talking about a single site in an evergrowing domain

[Anonymous No.26029059]

>>26028952
If this assertion was true they never would’ve allowed bitcoin to hit 40k and make neets like myself rich.
It’s okay to be wrong, anon. It’s okay to be late, anon.

[Anonymous No.26029117]

>>26029059
>the point
>your head

[Anonymous No.26029276]

>>26029117
>hurrr da gubment would never let da new money work!!!
>btc enriches everyone who believed in the past 12 years
>hurrrr da gubment would never let monero werk!!!
Go back to your cage, wagie.

[Anonymous No.26029324]

>>26029276
He was being sarcastic...

[Anonymous No.26029385]

>>26029324
Well then I’m being a fucking retard but at least the other retards who can’t discern sarcasm over text will be on my side

[Anonymous No.26029464]

>>26029276
this guy literally retarded baka.

bro if only being a rich neet actually made you -smarter-

also you're literally not 'rich' in any sense of the actual usage of the term.

fucking retard thinks his suicide stack of 200 monteros is life changing in any fucking way whatsoever.

fucking non-brainlets find ways to, actually fucking go and get a source of fiat so they can prop up the market as it's watered down endlessly with paper moneros.

you idiots could never protect yourselves on an open market anyways why do you think this shitcoin dumped 70% in value over the last two months?

[Anonymous No.26029483]

>>26023514
If you are exchanging using it, I wouldnt worry. I did one before the delisting crash that didnt go through for 5 or 6 day. When it did I had bought at 130 instead of 160.

[Anonymous No.26029538]

>>26022508
Won't matter if it is delisted with atomic swaps upcoming

[Anonymous No.26029541]

>>26028929
You seem intelligent, how much time have I before converting all my crypto into XMR ?

[Anonymous No.26029721]

>>26028710
>Bitcoin has "government approved" legitimacy behind it, because there is always excuse that "Bitcoin is transparent" and "look at institutions holding it"

50 tainted Bitcoin addresses and counting on "government approved" blacklists. This can't happen with Monero.


>Institutions actually buy Bitcoin, they would never, EVER buy a Pedocoin, even if it works better than Bitcoin.

No need to buy it if you can anonymously swap for it. And they will because "cooking the books" will always be a thing and XMR just makes it easier and safer.


>Bitcoin is good enough to be decentralised and transparent enough to stealthily get mainstream adoption, governmental and institutional acceptance.

Except when its blacklisted and while public BTC richlists exist.


>And Bitcoin will get anonymity features AFTERWARDs, after the stealth phase.

Privacy as an afterthought can't compare with privacy as founding principle.


>Using Monero for crime is smart.

>Investing in Monero is stupid, because big money won't do it, so your investment thesis will rely on "dark net market adoption" lmao

The DNMs are small potatoes compared to global money laundering schemes and the drug cartel economy. But being established on the darknet gives XMR serious street cred.

>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

>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/


BTW, the global shadow economy is valued in the TRILLIONS of dollars. Just a portion of that is still HUNDREDS of billions of dollars. Do the math.

[Anonymous No.26029843]

lmao all monerocucks seething itt

pretending not to realise Bitcoin will get anonimity layer once it reaches normie mainstream and its too late to stop it, rendering XMR utterly useless or designated only for druggies and pedos loool

[Anonymous No.26029870]

>>26025304
You would not use BTC for privacy if your life depended on it. Also optional privacy means a a to small anonymity pool.

[Anonymous No.26029924]

comfy

[Anonymous No.26029957]

>>26029843
Your bags are heavy fren? Sorry you picked a coin with no real use case, simply because you are a normie and you think like everyone else.

[Anonymous No.26029963]

>>26029464
>fucking retard thinks his suicide stack of 200 monteros is life changing in any fucking way whatsoever.
I haven’t worked since 2018 and I don’t plan on ever working again. Can you say the same? Sorry I misinterpreted your comment on an this Mongolian basket weaving forum after waking up at 1:30pm.
>dumped 70% in value
Not sure what country you live in but I still pay the bills in USD. Anyone buying monero with their paycheck over the last SEVEN MONTHS has not lost value.
If you lament about sats then your portfolio needs rebalancing. Simple as that.
But yeah you’re a genius anon. Think of me when you clock in :)

[Anonymous No.26029965]

T-t-this will c-change any d-day now... just hodlll

[Anonymous No.26030021]

>>26029843
you are beyond salvation if you cant understand, privacy by option and privacy by default is not the same thing. we will all ridicule you when you get doxxxed for sending a transaction to someone who forgot to enable privacy options. you will buy my bags, little yuppie, its inevitable.

[Anonymous No.26030045]

>>26015369
THANK YOU COMFY RICCARDO

[Anonymous No.26030077]

>>26029843
It’s okay to be wrong, anon. We still love you.

[Anonymous No.26030106]

Monero is literally for idiot laggards who missed Bitcoin and are too braindead to understand institutional adoption and first mover advantage.

Nobody wants your Spiccoin, even the name is stupid and that orange color is ugly. Sounds like something for illegal immigrants from Mexico lol

[Anonymous No.26030164]

>>26029965
Bullish uptrend

[Anonymous No.26030205]

>>26028710
Be you
>Buy shit with le epic BTC
>Store knows your address spreads it everywhere
>Store gets hacked address leaks
>Niggers demand your money while holding you at knife point
Great coin. BTC is fucking retarded.

[Anonymous No.26030214]

>not even listed on Coinbase
SHITCOIN

Reported to mods to delete obvious shilling thread.

[Anonymous No.26030252]

>>26030106
the absolute cope.
imagine mentioning "being late for bitcoin" multiple times on a future investments forum. its okay anon. you are ngmi. let that sink in.

[Anonymous No.26030285]

>>26030214
>>26030106
>>26029843
bullish

[Anonymous No.26030286]

>>26030205
keep coping with "muh privacy" nobody but criminals and paranoid incels need your "100% anonymity". Monero is fucked.

[Anonymous No.26030361]

>>26030252
keep projecting laggie

I bought Bitcoin 7 years ago for a couple of bux and still hodling, your seething incel tears are delicious, go jerk off to your private transactions some more cuck, keep coping with a coin that nobody will touch with a 10 foot pole, maybe with enough dark net transactions it will rise to $160

[Anonymous No.26030390]

>>26017800
Buy some now with what you have. And the buy some more when you get more money that you would have saved for this "all-in"

[Anonymous No.26030423]

>>26030361
there are only two people in your worldview, criminals, and sheep. which one are you?

[Anonymous No.26030495]

>>26028710
>>26029843
>>26029965
>>26030106
>>26030214
>>26030286
>>26030361
thanks for bumping our thread!

[Anonymous No.26030553]

>>26030361
You Sound Like Someone Who Uses Google Products.

[prove me wrong No.26030562]

>>26030361
btc maxi seething because he knows that this is the one aspect where bitcoin is completely uncapable of competing in, kek
as >>26030495 said thanks for bumping the general

[Anonymous No.26030617]

>Absolut with the ice, let's get hammered
>In the back of the club with the bad girls
>The mean girls, the bad girls
>Back, back of the club with the bad girls

[Anonymous No.26030644]

>>26030553
yeah and at least I'm getting laid and in 7 digits now while you cyberpunk incels keep fantasizing about your 100% anonimity coin and living in some Akira fantasy land dystopian dream without being able to accept the facts of reality.

Let me remind you again:
THIS COIN IS NOT EVEN ON COINBASE

inb4 "muh dex"
inb4 "druggie markets is enough to make it go 100x"
inb4 more cope

[Anonymous No.26030702]

>>26030617
>anime girls
Do you know how I can tell you're a virgin?

[Anonymous No.26030718]

Bitcoin can't compete with PayPal on the clearnet and can't compete with Monero on the darknet.

Its a public ledger that enables easy tracing of transactional history.

BTC offers zero banking privacy, its balances are viewable by the entire internet,

Its inherently non-fungible and is thus ending up on government blacklists.

It currently costs ~$15 to make a BTC transaction.


But its the future of money.

[Anonymous No.26030748]

>>26028048
>>26030106
You went from
>Monero will fail because it's too powerful
to
>Monero is literally for idiot laggards who missed Bitcoin
"Institutional adoption" and "store of value" are just memes. Monero is just bitcoin, but a little bit better in every way. If you read the bitcoin whitepaper, it describes monro with only a few exceptions.

[Anonymous No.26030801]

>>26030702
>>anime girls
>Do you know how I can tell you're a virgin?

[Anonymous No.26030896]

>>26030702
now this is a good one
it’s ok man no need to be so emotional
you’re in full damage control ever since you got assblasted by 5+ people, all of them using different arguments

[Anonymous No.26031010]

>>26029963
Yes i most certainly plan to fucking work, are you fucking retarded?

Oh no thats right you're a fucking bagholding fuckwit that expects literally the rest of the people he pretends to be a part of to run the same fucking marathon you come here and brag day and out about being in.

you know that one where monero wins out in the long run?

only it certainly wasn't because of wastes of life like you.

you don't even have the chance to stand in line to hold my bags you fucking parasitic waste of fucken plant life.

tell me fuckwit, does it make you thrilled to be alive? to sit here day in and out, posting shit posts on a forum while never actually participating in fucking anything?

have you even gone and got anyone to buy a single monero and then get it on their computer? have you even sent a fucking single update to the code base you pretend so much to be a part of? did you even once do a single thing other than filter the air in your shitty one bedroom apartment while your monero sits there and does .. exactly the same fucking nothing you are?

fuckwits like -you- make it a shitcoin.

[Anonymous No.26031033]

>>26030748
Based monegro chad

[Anonymous No.26031111]

>>26030617
UNKNOWN AMOUNT coming in
UNKNOWN AMOUNT going out
UNKNOWN AMOUNT coming in
UNKNOWN AMOUNT going out

[Anonymous No.26031114]

>>26030644
This is just sad, bro.

>millionaire early BTC adopter
>life is still so empty he must bully poor people on /biz/

We all know it’s a LARP, bro. Just stop.

[Anonymous No.26031159]

>>26031010
What the honk did you just honking say about me, you little honk? I'll have you know I graduated top of my honk in the Navy Honks, and I've been involved in numerous secret honks on Al-Honkuaeda, and I have over 300 confirmed henks. I am trained in gorilla honkfare and I'm the top honker in the entire US honk forces. You are nothing to me but just another honk. I will honk you the honk out with precision the likes of which has never been honked before on this Earth, mark my honking honks. You think you can get away with honking that henk to me over the Honkernet? Honk again, honkler. As we speak I am honking my secret network of honks across the USA and your IP is being honked right now so you better prepare for the storm, honklet. The storm that honks out the pathetic little thing you call your honk. You're honking honked, honklet. I can honk anywhere, anytime, and I can honk you in over seven hundred ways, and that's just with my honk honks. Not only am I extensively honked in unhonked combat, but I have access to the entire henks of the United States Honk Corps and I will honk it to its full extent to honk your miserable honk off the face of the honkinent, you little henk. If only you could have known what unholy honktribution your little "clever" honk was about to honk down upon you, maybe you would have held your honking horn. But you couldn't, you didn't, and now you're paying the honks, you goddamn honk. I will honk honk all over you and you will go deaf from it. You're honking honked, honko.

[Anonymous No.26031288]

>>26031010
Go back to /Pol/ faggot
>>26031159
Kek

[Anonymous No.26031431]

>>26030644
Generally, the people who have to flex about getting laid and being rich on basket weaving forums, are not getting laid, and they're not rich either.

If you really had money you wouldn't waste time caring about people being interested in Monero.

[Anonymous No.26031533]

i understand spoonfeeding season is over, but will tether fud effect monero much, shitting my self with btc currently

also there seems to be a lot of smart anons here so if any of you have any prediction on tether situation I would be grateful

[Anonymous No.26031825]

>>26031533
>also there seems to be a lot of smart anons here so if any of you have any prediction on tether situation I would be grateful

This market is highly irrational and hopped up on speculative hype, so predictions based on logic and reason aren't going to be very helpful or accurate in the short-term.

[Anonymous No.26032130]

>>26030106
Ford was the first car maker they are not the biggest car maker anymore now in terms of market cap
Tesla is way bigger because it has new technology let that sink in

[Anonymous No.26032209]

>>26030286
I can give you plenty of examples why it matters but you are clearly here to argue and piss people off

[Anonymous No.26032260]

>>26030361
It broke 190 like a few weeks ago wtf you smoking

[Anonymous No.26032349]

>>26015369
THANK YOU COMFY RICCARDO

[Anonymous No.26032360]

>>26031431
> If you really had money you wouldn't waste time caring about people being interested in Monero.


Cope, some rich people just like to shit on losers for fun

[Anonymous No.26032428]

Lmfao that maxi pad is projecting so hard. Poor fella.

[Anonymous No.26032649]

>>26029541
Do your own research anon.
Imo we still have several years of Moneros clout building. Taking over the dark net and further enhancements in chain analysis will push more people into Monero. Any privacy story or regulation story will be bullish for Monero.
I’d recommend dcaing to avoid volatility.

[Anonymous No.26032909]

>>26032428
I think it's a troll, or a monero chad in disguise trying to level up the intellectual dialogue for lurkers and bump the thread for newfags

[Anonymous No.26033114]

THANK YOU COMFY RICARDO

[Anonymous No.26033241]

>>26030644
Glowing

[Anonymous No.26033488]

>>26030718
BTC transactions costs 15 bucks?
wtf in monero its like 0.01 cents

[Anonymous No.26033648]

>>26028550
you keep missing the point about why being removed from exchanges is bad. so fucking what if you have atomic swaps? that means the entire liquidity of monero is 100% contingent on another coin providing it. so why would a rationale person hold monero over the more liquid person?

this is extremely bearish for monero PRICE. monero will basically be a sidechain of the most liquid coin, and will used parasitically by that more liquid coin for whatever fraction of transactions require the features of monero.

basically, monero is cool but you will bleed sats eternally.

[Anonymous No.26033674]

>>26033488
>BTC transactions costs 15 bucks?
>wtf in monero its like 0.01 cents

Actually, now its $16.

https://ycharts.com/indicators/bitcoin_average_transaction_fee

[Anonymous No.26033843]

>>26033488
if monero had anywhere near the level of transactions bitcoin had it's chain would be massive, which is a huge centralizing force. blockchains just plain suck at scaling which is why any intelligent project wants to move more payments to 2nd layers.

monero transactions are around 10x bigger than a bitcoin transaction due to the ring and bulletproof sizes, so it actually scales worse than bitcoin, it's just that they prefer to downplay the tradeoffs associated with massive blockchains because they don't have enough demand for it to be relevant yet, which is the exact same thing that every chain that "scales" using this shit technologies tries to do

[Anonymous No.26033876]

>>26033648
You are under the assumption that a exchanges will be removing monero.
Please, point us to your legal opinions which support your viewpoint. Because it sounds to me that you, like most people who fud monero, are talking out of your ass when you are talking about widespread delistings.

[Anonymous No.26033938]

>>26033843
The size of the blockchain will increase. It fees will never go up to bitcoin levels because of dynamic block size.

[Anonymous No.26034006]

>>26033876
did you not see the regulation fincen just tried to push through about kyc of addresses? sure they backed off for now but this shit is not going away. it's getting to the point where governments feel like they need to respond to this industry with regulation. it's a guarantee that regulation will not be favorable to any coin, especially a coin like monero. to comply with that regulation, because they want to keep making money, most exchanges will just delist it and remove the headaches completely.

[Anonymous No.26034075]

Are there XMR liquidity pools?

[Anonymous No.26034251]

>>26033938
yeah, that great and everything but don't act like there isn't a downside to a huge blocksize. everything in life has tradeoffs.

even low fees is a trade-off too because it makes it very easy for a well capitalized actor to sybil the chain by spamming transactions and becoming a significant portion of the ring signatures. this deanonymizes other users of the chain if a huge percentage of the people you are mixing with are just governments spying. having a capped block size and high fees would actually push small surveillance companies out of this market completely which would be a good thing. of course a state actor has essentially unlimited money and could still pull off this attack

again, literally EVERYTHING has tradeoffs. we're all trying to make it here and we're on the same side, I just wish people would stop shilling their coin like there are never any downsides. I'm a bitcoiner and I'm first to admit it has plenty of downsides and trade-offs

[Anonymous No.26034361]

Im a huge Monero fan, Im interested in holding even more. I'm considering swapping some ETH for XMR, Im thinking about waiting a bit for ETH to moon first.
XMR's value has not yet been realized with the normies but ETH is being hyped. Is my thesis wrong?

[Anonymous No.26034408]

>>26034361
nope not wrong, xmr price is also being suppressed like fuck

[Anonymous No.26034457]

>>26033648
>so fucking what if you have atomic swaps?

It makes acquiring XMR as easy as buying BTC/LTC/whatever on Coinbase.


>that means the entire liquidity of monero is 100% contingent on another coin providing it. so why would a rationale person hold monero over the more liquid person?

Because as long as they know they can seamlessly swap back into BTC/LTC/whatever at any time, holding Monero isn't really an issue.

Also, holding and using XMR provides you full transactional privacy with guaranteed fungibility, unlike BTC/LTC/whatever.

That means holding XMR = less headaches and stress. You're not going to wake up one morning to discover half of your stash has been blacklisted by the US Treasury.


>this is extremely bearish for monero PRICE. monero will basically be a sidechain of the most liquid coin

Its more likely that BTC and XMR will develop a symbiotic relationship where BTC will provide XMR greater liquidity while XMR will provide BTC greater fungibility and privacy.


>and will used parasitically by that more liquid coin for whatever fraction of transactions require the features of monero.

The fungible coin will always be at an advantage. XMR = zero chance of ending up on a "tainted" blacklist. BTC = non-zero chance of ending up on a "tainted" blacklist.

[Anonymous No.26034671]

>>26034457
simply put, less liquidity is very fucking bearish for monero price. atomic swaps that rely on bitcoin will be a FRACTION of actual bitcoin itself, simply because moneros privacy demand is a FRACTION of the full transactional demand of bitcoin.

by definition, you will bleed sats. it's ok to love monero, but there is no reason to hold it over bitcoin because you think bitcoin itself will provide enough swaps to make you rich on monero. you are literally relying on bitcoin, so just hold it and use monero if you actually need it

[Anonymous No.26034687]

>>26018605
No it won't, this coin never even got past $400, why would it go higher this time
Stablecoin

[Anonymous No.26034744]

>>26034006
More like did you not see it?
Monero is the second most referenced cryptocurrency in the documentation and there is no wording in it to assume that Monero is going to be "banned". If anything, it was the opposite. Monero is seen as on equal legal footing to Bitcoin. All of these regulations are going to push more people into Monero anyways, so its a win/win.
>>26034251
Spamming transactions works if you know that there is no other actors spamming transactions.
It would also require a massive amount of transactions to deanonymize the network. I think over 80% is required.
It would also be attempting to fight nerds in their territory, which state actors are wise not to do, because it legitimzes the network. This is notwithstanding other privacy enhancements that are coming anyways, such as increasing the ring decoys rendering deanonymizing even more useless.
>again, literally EVERYTHING has tradeoffs. we're all trying to make it here and we're on the same side
I'm not trying to say that there is a downside to a larger blockchain, but having dynamic block size is far better option than a capped one, because the fees for Bitcoin are really fucking stupid.

[Anonymous No.26034856]

ITT: Seething Moneroless plebs try to stack up to adamantium-handed Monerochads.

[Anonymous No.26034866]

I have a unknown amount of XMR I would like to put to work. Are there any good liquidity pools?

[Anonymous No.26035116]

>>26015369
that is not ricardo, that is just some random faggot

[Anonymous No.26035205]

>>26034744
isn't a downside to a larger blockchain*

[Anonymous No.26035292]

>>26034744
agree to disagree on the regulation side of things, I just don't see a future where a heavily regulated crypto industry allows any on/off ramps for monero. maybe you have more faith than me in world governments I guess. give it time and we'll see who turns out to be right.

the trade-off bitcoin makes for the fees is that it's pretty clear at this point that bitcoin will be able to survive without the block reward, meaning we can conserve the scarcity property without needing to implement tail inflation like monero has done. capped block size is essential to solving this problem without bloating the chain.

since bitcoin is demonstrating it can preserve it's hard cap and will never be delisted, holding monero means you will bleed sats. even besides that, bitcoin coinswaps like chris belchers current project get you imperceptible privacy on bitcoin with a fraction of the blockspace demand that monero requires due to ring sizes.

[Anonymous No.26035394]

>>26034671
>atomic swaps that rely on bitcoin will be a FRACTION of actual bitcoin itself, simply because moneros privacy demand is a FRACTION of the full transactional demand of bitcoin.

Liquidity shouldn't be an issue since demand will be asymmetrical in favor of Monero. More BTC holders will be seeking to acquire XMR (for mixing/DNM purchasing/money laundering) than vice versa.

And since the possibility of receiving tainted coins will always exist XMR holders will be able to demand a premium for taking on the risk, further devaluing BTC.


>but there is no reason to hold it over bitcoin because you think bitcoin itself will provide enough swaps to make you rich on monero.

lol nobody thinks the swaps market will be the primary driver of XMR's growth. The anticipated influxes of offshore/black money assets will be. Read the Satis Group analysis, it literally says as much.


>you are literally relying on bitcoin, so just hold it and use monero if you actually need it

Bitcoin isn't fungible or private and I don't want to risk having my stash get blacklisted.

[Anonymous No.26035672]

>>26034687
>No it won't, this coin never even got past $400, why would it go higher this time
>Stablecoin

Because it provides actual utility and the best possible transactional privacy, making it attractive to criminals, money launderers, extortionists and tax evaders.

I suggest you read the Satis group crypto analysis, they project that XMR will eventually hit $40K due to it being so useful to the above.

https://i.4cdn.org/biz/1610737376800.png

https://research.bloomberg.com/pub/res/d37g1Q1hEhBkiRCu_ruMdMsbc0A

[Anonymous No.26035788]

>>26035292
>agree to disagree on the regulation side of things
As is literally always the case when people FUD Monero about delistings, when you press for any actual real life examples for legal enforcement they can't bring up any because they don't exist. The fincen docs that you referenced literally support my argument because the feds look at Monero and Bitcoin as being on the same playing field. But the FUD of Monero being "banned" works well and it's what keeps Monero's price down. Good thing too I suppose, as it allows us to stack.
>it's pretty clear at this point that bitcoin will be able to survive without the block reward
In the short term, perhaps. But your fee market is going to suffocate your network in the long term, as we are already seeing. Tail emission is essential for the long term maintaining of the mining network, and this is not even looking at the asic miner domination that I view as a problem (especially when combined with censorship).
>capped block size is essential to solving this problem without bloating the chain.
No, it's essential to making transaction fees assrape the network. It also assumes that technology won't improve in the long run, which it will as we have seen time and time again.
>holding monero means you will bleed sats.
We don't care. Most monero holders also hold Bitcoin.
>bitcoin coinswaps like chris belchers current project get you imperceptible privacy on bitcoin with a fraction of the blockspace demand that monero requires due to ring sizes.
"imperceptible privacy" on a transparent ledger? kek.
You're a nice anon but you need to study privacy with regards to blockchain technology. Once you dip your toe in you will quickly realize than anything privacy Bitcoin related is ass when facing off against chain analysis. Optional privacy will never, ever be a solution, and it is even less of a solution when factoring in how all of this is happening on a transparent ledger.

[Anonymous No.26036483]

>>26034075
Incognito.org

[Anonymous No.26036769]

>>26034866
Incognito.org

[Anonymous No.26037352]

>>26033843
Monero transactions aren't 10x the size of bitcoin. The average bitcoin transaction is about 600 bytes, and has been for a while now. The average monero transaction with bulletproofs+ will be somewhere around 1800 bytes erring on the side of caution. This means the monero blockchain will grow by about 370 GB/year if monero is used to bitcoin's max capacity. A 4 TB hard drive is $70 online and will last 10 years at that rate. The storage capacity will literally outlast the warranty. All of that with 6 min confirmation times, no network backup, and low fees.

[Anonymous No.26037909]

[Anonymous No.26038135]

>>26034671
That is if you care about sats. I care about monero.

[Anonymous No.26038503]

>>26030562
>btc maxi seething
It's maxiPADS anon

[Anonymous No.26038693]

>>26037352
>network backup
network congestion was the word I was looking for there.

[Anonymous No.26039020]

https://twitter.com/monero/status/1350186013126230016
50:56 and forward does a good job of explaining why holding btc might become a hassle or even dangerous as time goes on, especially if you're a public person. Somebody doesn't like you? Oh look, anon is holding btc that was used for a snuff cp transaction days ago. Pedocoins indeed

[Anonymous No.26039148]

whats up with the recent spike in fees? what does this mean?

[Anonymous No.26039474]

>>26030617
Absolute is the only good vodka

[Anonymous No.26039543]

>>26039148
https://www.reddit.com/r/xmrtrader/comments/kx1clz/comment/gj7snao

[Anonymous No.26039896]

>>26039543
holy shit. I wonder if it was that dutch elected kid forced to move or sell

[Anonymous No.26039920]

>>26021984
smart kid
hang on to the 1M long-term and you’ll be grand

[Anonymous No.26039995]

>>26039543
Whale moving off exchange? Tether exit scam? Who knows what it is, and that is what’s great about Monero

[Anonymous No.26040440]

>>26039995
note the idx

[Anonymous No.26040761]

>>26018533
Do you think 100% of btc's marketcap is being traded daily? lmao.
A couple of percent of the total market cap AT MOST gets traded in a few days. The companies listed there do take up a good portion of the trading volume

[Anonymous No.26040932]

>>26024862
Nice, very oldschool. I think my grandpa showed me one of those things once.

[Anonymous No.26041068]

>>26034866
coinloan.io

[Anonymous No.26041179]

fucking piece of shit 160 dollars stable coin

[Anonymous No.26041443]

>>26034866
>>26036769
>>26041068
Isn't there a way with this newly wrapped XMR (it think WXMR) to use a plethora of ETH based liquidity mining opportunities?

[Anonymous No.26042002]

I gotta shit

[Anonymous No.26042232]

>>26034687
stock to flow ratio

[Anonymous No.26042304]

>>26041179
Higher highs, higher lows.