/XMR/ Monero General - organic growth edition

[Anonymous No.28961002]

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 transactions being visible only by a Monero user willingly providing a view key for a specific transaction.

Monero has also improved upon the scaling downsides of current popular cryptos. To avoid high fees, dynamic block size ensures that the size of the blocks will increase as the amount of txs increases. Further, the mining network algorithm RandomX 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 MoneroChad will be with you shortly.

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

WHERE TO GET MONERO?

>KYC:
Binance
Kraken

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

>Futures
Poloniex

>Mining
https://archive.is/TWOah

HOW TO STORE MONERO?

>Desktop
Gui/Cli (recommended)
MyMonero
Exodus
Feather

>Mobile
IOS: Cakewallet
Android: Monerujo

[Anonymous No.28961071]

250 ooooooo

[Anonymous No.28961076]

>>28958140
sent.
You can use the check feature of the gui/cli wallet to verify:
Transaction ID: d2229f8c33d755eba42142fbebcc0eefdff51b855f26edd45a26b0a688ec349b

Recipient: 49ad4FKPj1JPymbkDnqaniVtqUTg2qPrT3iXhPVXBTdRVYthfkZcGwr3QM9mzSychrTosUAwhbHnFE8WyEHmkfWuRDn9rfp

Signature: OutProofV2AL67QuE8VAocGN7aa19VzWBzBCpt5MLtqPQ6TurGzQKKWUTb2sYB4MBV6w6JqHHqWwFkWTCeyJKT3E3yT3JDNjE9DyqDPzhXfobf34vekFnD3VDRTMdauVyy6YkVEeUiGena

Sender: 82tEHmPpr84dDA4L2p1vndMjrxro9ntxGEys9PARg5WDbELvcH8NpDTCpCEMqNa4PgKCvZiuLhpc7KDQu1d7Tp6tF4Nim4K

[Anonymous No.28961287]

0xMonero my dear sirs

[Anonymous No.28961404]

I GIVE MY LIFE
NOT FOR HONOR, BUT FOR YOU
IN MY TIME THERE'LL BE NO ONE ELSE
CRIME, IT'S THE WAY I FLY TO YOU!
I'M STILL IN A DREAM, SNAKE EATER!

[Anonymous No.28961559]

>>28961002
This anon forgot the XMR REDPILL but there's no problem, here are the videos from Dr. Daniel Kim:

Monero Means Money: Cryptocurrency 101:
https://youtu.be/8quGD9W7B2I

Monero: Sound Money, Safe Mode:
https://youtu.be/aC9Uu5BUxII

Behavioral Finance, Cryptocurrency Markets:
https://youtu.be/REC5V7d3pqM

[Anonymous No.28962207]

>>28961076
Send me some too plz 46HVQbPNo8oFmtrPakNVYL9zt5enxq2qBUsS4uhVy9EYMsyLqZebvqdPsxKhGWGyG4ZesbZ4Uhin24ESKLCDnxy7RcTt86M

[Anonymous No.28962323]

>>28962207
Show proofs you are trying to mine. This is not a charity thread.

[Anonymous No.28962363]

Man this shit is pretty easy to mine even on mid range 8 cores.

[Anonymous No.28962385]

>>28961076
Not that anon, but you may have to resync your wallet. Set the refresh block height to 0 through the monero wallet CLI

[Anonymous No.28962392]

>>28961559
my fav crypto redpill: https://www.youtube.com/watch?v=W-Y_F3PS4JE

The video is basic, yet still very important. Monero is never explicitly mentioned, but always meant. It's not about the price, but what crypto means for humanity. If ypu're in a rush, this is the most important part: https://youtu.be/W-Y_F3PS4JE?t=1217

[Anonymous No.28962448]

>>28961559
While I like Dr Kim's "Monero: sound money, safe mode". I dislike his other videos as they seem a bit patronizing in assuming the audience has absolutely 0 knowledge about the topics at hand.

Sure they are great for the normalfag new to finance or technology. But we're the Monero community. You don't have to explain the absolute basics of technology.

That's like explaining what a command line interface is to linux users.

[Anonymous No.28962457]

>>28962363
what pool you using?

[Anonymous No.28962587]

>>28962457
Use moneroocean. It's officially recommended by getmonero.org as the most private option. The fees are also 0.0% so the pool takes no cut from you.

https://www.getmonero.org/resources/user-guides/mine-to-pool.html

Scroll down to "Going further" at the bottom of the page where they recommend you mining in the MoneroOcean pool.

[Anonymous No.28962677]

>>28962587
thanks anon. I'm already mining eth at 120MH/s but I might as well use my 24core cpu to mine monero. My eth is gonna turn into monero weekly anywho, but I might as well support the monero network by running a node & mining.

[Anonymous No.28962829]

>>28962457
I just got setup on
https://moneroocean.stream/

I used their script to get it set up, I am sure there is room to improve but my 3700x is doing 9KH/s

[Anonymous No.28962844]

>>28962677
That's exactly what I am doing. Using my RTX3060ti to mine ETH and the spare cycles of my CPU to mine Monero. Then sell the ETH for Monero.

[Anonymous No.28962890]

Is mining reasonable with a Laptop?

[Anonymous No.28962932]

I SWUNG
GO BACK DOWN PLEASE

[Anonymous No.28962963]

Do not contribute to this failing ponzi. 0xMonero is Riccardo Spagni’s true vision.

>erc20 compatible
>private
>actually deflationary
>built in games

[Anonymous No.28963035]

>>28962829
nice. I've got a deamon that watches XMRrig for contributions and automatically pulls & removes the donation using sed & then compiles :^)

fuck paying dev fees. 1% of monero mined might be 1k per coin if monero goes where I expect it to go

[Anonymous No.28963068]

>>28962890
I think is going to melt down

[Anonymous No.28963193]

>>28962963
>erc20
ngmi

[Anonymous No.28963233]

>>28963068
I guess mining isn't for me then. I don't have a desktop and don't really need one, so I probably better just buy XMR directly.

[Anonymous No.28963252]

>>28961002
>borderless
Does that mean nigger monero can get into my monero wallet with my native white monero?

[Anonymous No.28963532]

>>28962932
Rope nao. Repent and buy in.

[Anonymous No.28963568]

>>28963035
Never heard of baked in contributions in xmrig before. You can usually just change the config file and replace it with your own wallet.

Am I missing something here or?

[Anonymous No.28963814]

>>28962932
You can't time this irrational market. The best you can do is know which projects have long-term potential and then just slowly accumulate in those projects over time.

I also recommend not going all-in into anything so that you can leverage moons in different projects the balance out your gains over different projects. For your own sake you should slowly put more into Monero for your retirement. Other projects are for speculation and grabbing quick moon funds.

[Anonymous No.28963891]

>>28963252
Yeah honestly "borderless" should be replaced with "fungible" all crypto is borderless.

[Anonymous No.28964020]

>>28961002
based monero chad

[Anonymous No.28964123]

>>28962392
I agree. Incredible presentation! He's so close to become a Monero shill...

[Anonymous No.28964167]

I was raised Monerist by my father, but my mother leaned a little to heterodox UASF Satoshiism. They would discuss quite a lot about the time before the Fall and how the only proper economic system was a deflationary one. They held to the old ideas about the sins of fiat currency and would never stop talking about how life was better under decentralization. Personally, I believe that agorism is a sounder system because it makes more sense to have a monetary pluralism, but I recognize that altcoin revivalism has made life more complicated. In my early teens I went through a tokenism phase, but I got burned too many times by the older speculators. I did read The Wisdom of Satoshi as a kid, but I find it hard to believe that one man brought down the system of the Ancients, I mean it sounds to me like they were on course to destroy everything anyway. And my father told me that for the first hundred years there were purer visions that got crowded out by the hardliner Satoshiism, so the truth is probably lost to history, assuming that there is any truth to life at all.

[Anonymous No.28964297]

>>28962963
Cause the legit project has a ripped off logo from the scam right? KYS

[Anonymous No.28964477]

>tfw missed it at $120

[Anonymous No.28964902]

>>28964477
You're missing it at $250 right now as well.

[Anonymous No.28965083]

>>28961404
Make it 100%

[Anonymous No.28965225]

Anyone else riding the wave with lev. longs and shorts?
I have a huge bag of monero and I believe in it but this is actually like clockwork right now, easies peak/dip pattern of my life

[Anonymous No.28965249]

>>28961559
>This anon forgot the XMR REDPILL but there's no problem, here are the videos from Dr. Daniel Kim:
Youtube censor me on his latest livestream, i rewatch his stream and chat msg got deleted

[Anonymous No.28965284]

>>28965083
I have a little stack of an ERC20 gambling game token that I simply cannot sell because gas fees, the instant I can either gamble it away or sell it without getting molested, I’m gonna.

[Anonymous No.28965353]

>>28965249
>Youtube censor me on his latest livestream, i rewatch his stream and chat msg got deleted
what did you write into the livestream?

[Anonymous No.28965566]

>price goes up
>buy
>price immediately dumps
>buy more
>price dumps further
>get sad and angry but know it'll be OK
>price goes up again
>sad I didn't buy more
Dammit can this coin consolidate for a week so I have a clue as to what to do??? I didn't get enough

[Anonymous No.28965593]

>>28965566
just always buy

[Anonymous No.28965776]

>>28965566
dollar cost average over the next 5-10 years and you'll be okay.

[Anonymous No.28965958]

>>28963568
The minimum is hard coded in. Let this be a reminder for other anons; read the actual source code of the software that you are running in the crypto space. The exploitation vector is simply too high to not protect yourself.

https://github.com/xmrig/xmrig/blob/4e671a945d52c5a803fa0e19436c7c58e8ac59c7/src/donate.h#L43-L48

Glad I could help at least

[Anonymous No.28966008]

[Anonymous No.28966074]

>>28962323
Sure thing anon

[Anonymous No.28966173]

>>28965353
>Youtube censor me on his latest livestream, i rewatch his stream and chat msg got deleted
That aml regulations blocked xmr in my country

[Anonymous No.28966395]

>>28965958
Damn. Thank you man immediately changing and recompiling xmrig right now. This is why I love the monero community.

[Anonymous No.28966534]

>>28966173
>my country
what shithole country do you live in?

[Anonymous No.28966570]

>>28965566
>>price goes up
>>buy
i did this last week pump lmao sad.jpg now today why i dident i buy more

[Anonymous No.28966684]

>>28966395
np anon, remember to never pay devs
t. software dev

[Anonymous No.28966735]

>>28966534
Netherlands

[Anonymous No.28966800]

>>28964477
>he doesn't know

120 is a steal, so is 250

[Anonymous No.28966881]

dip when sirs

[Anonymous No.28966978]

>>28966881

It will dip

From $549 to $513

[Anonymous No.28967023]

>>28966881

[Anonymous No.28967055]

>>28966735
huh, thought you guys were progressive, with all your loose regulations around drugs.

[Anonymous No.28967184]

>>28966978
>>28967023

[Anonymous No.28967230]

>>28966074
txId: 3566f46f85e01071da50ca5784c591158a27b93763a040bda0abb4193073da4a

[Anonymous No.28967235]

post the machines that you're mining on bros

[Anonymous No.28967512]

Hey bros, when's a good time to buy some Monero? I noticed it just jumped quite a bit, so I'm wondering if it's better to hold off.

[Anonymous No.28967615]

>>28965284
i coinfes i have some btc aswel im mining true nicehash, and theta tokens aswel but not to gamble, im kinda it geek and love stuff like siacoin etc tested it its crap, theta seems to be working imo

[Anonymous No.28967663]

>>28967512
My friend sold to me at 200 cause he was finally done holding his bags from the last crash and I thought i was buying from him as a favor. It immediately went to 250

Honestly, don't even try to time it. Just think about how much money you'd be willing to lose, and buy monero. Timing is a loser's game

[Anonymous No.28967788]

>>28962963
>>28961287
You have been awarded Five(5) Rupees for this post.

[Anonymous No.28967979]

>>28967512
>Hey bros, when's a good time to buy some Monero? I noticed it just jumped quite a bit, so I'm wondering if it's better to hold off.
monero jumping is not jumping to fair value. please understand this. look at historical CMC. monero FAIR VALUE, TODAY is a top-10 coin. period. it is field-tested, been around the block, launched before pajeets etc.
we are CORRECTING upwards. the MOON begins at 4-figures.
Do not sell your freedom for peanuts.
"Do not give dogs what is holy; do not throw your pearls before swine. If you do, they may trample them under their feet, and then turn and tear you to pieces." Matthew 7:6

[Anonymous No.28968074]

>>28967235

[Anonymous No.28968120]

>>28968074
holy shit dude that's insane, nice

[Anonymous No.28968123]

>>28967979
with that being said, don't buy the top or buy it and don't look at the ticker for the next 24 hours

[Anonymous No.28968230]

>>28968074
How does a normal fag like me get started with this shit.

[Anonymous No.28968812]

>>28968230
Depends what u want to mine AMD vegas where very good at mining old monero algo, now its cpu only and you want amd ryzens

[Anonymous No.28968908]

>>28961076
Got it. Thank you anon. The initial 0.02 is not showing up still but maybe there was just an error made by the sender. Either way it seems to be working now. Thanks again.

[Anonymous No.28968978]

>>28968812
thnx homie. Is it possible to live exclusively from mining income? like having a giant ass mining farm?

[Anonymous No.28969022]

>>28968908
> ITT anon receives 2 million dollars in 2030 price

[Anonymous No.28969025]

>>28966173
>Blocked XMR in my country
>>28967055
>Progressive

What's confunsing anon? That seems to check out

[Anonymous No.28969077]

>>28967055
if you only knew how bad things really are

[Anonymous No.28969146]

>>28969022
That's why I am so hung up on the missing 0.02. I am confident that that will be thousands of dollars in due time.

[Anonymous No.28969508]

Such a comfy thread.
My make it stack of [an unknown amount] looms beautiful right now.

[Anonymous No.28969658]

Here is some hopium

https://youtu.be/SGxk3oLeQJo

[Anonymous No.28969799]

>>28969022
Kek, everyone will hear the story of anons getting millions of dollars over 4chan in 2050

[Anonymous No.28970546]

Ok ex exchange has their wallet
Down for maintenance... was trying to send to my own wallet ASAP. Should I be concerned. Really don’t want to have to convert back to btc to send somewhere else and then convert again to xmr

[Anonymous No.28971404]

>>28969077
Enlighten me neighbor. You surely have seen the \ger\ threads, it's quite a shitshow here too.

[Anonymous No.28971414]

Bump

[Anonymous No.28972285]

>$256

[Anonymous No.28972479]

>tfw no big bagged XMR gf

[Anonymous No.28972870]

>>28968978
My rigs here generates avarage 1k a month at 300 electricity bill, It requires some investment, you mine the coins cheaper but need to sell them to get income while holding is better imo, coins i mined half year ago that 1k month x4

[Anonymous No.28972927]

>>28972285

[Anonymous No.28973796]

>>28961002
Is Binance a trustworthy exchange? I'm on Coinbase Pro but I'm tired of getting cucked by their ridiculous fees and it doesn't have XMR. A lot of FUD circulated here some time ago. Is it safe to just buy some XMR and move them to cold storage?

[Anonymous No.28974041]

>>28973796
it's absolutely not a trustworthy exchange, but, since we are buying xmr here, I'd say use it like a hooker, quick in and out

[Anonymous No.28974147]

Hey monerochads, xmr is my largest hold and the only one I really care about. I have some LTC and was curious what you guys thought about it. Is it worth holding some of that in my portfolio?

[Anonymous No.28974175]

>>28961002
OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

[Anonymous No.28974188]

seriously why isn't monero worth more than bitcoin? was bitcoin a honeytrap all along?

[Anonymous No.28974204]

>>28973796
Binance is alright if you’re not storing anything on it. Don’t trust CZ and his goons with your funds, they will NOT be safu

[Anonymous No.28974219]

>>28971404
Idk even know where to start our older generation complete fucked us over eg cant buy house have to work longer for pension, more taxes, immigration, this lockdown

[Anonymous No.28974264]

>>28973796
Yeah Binance is the best.

[Anonymous No.28974298]

>>28974147
If you have enough LTC to buy a BTC with it, do that instead. If you don't you might as well hold it I guess? I have a few random coins in my portfolio that I just hodl bc why not

[Anonymous No.28974383]

>>28961002
Bro’s I’m getting priced out. Fuuuuuuuuckkkk.
Atomic swaps when

[Anonymous No.28974401]

>>28973796
Not your keys not your coins, ordered myself a ledger last week as soon as its here my coins move out of binance

[Anonymous No.28974405]

>>28973796
binance is fine, just dont hodl on there

[Anonymous No.28974418]

>>28974298
Yeah no point in holding litecoin over Bitcoin.
Or swap your litecoin into Monero.

[Anonymous No.28974470]

>>28974383
>not aping 50% of your folio into XMR back when it was $50
ngmi

[Anonymous No.28974481]

>>28965566
It's easy man,
If you buy little and it rises you did not buy enough
If you buy a lot and it drops you bought to much
All you have to do is wait to see if you made the right decision

[Anonymous No.28974574]

>>28974147
The most important thing is that you’re comfortable with your holdings, LTC WILL perform well this cycle (already is) so it’s not like your folio is going to lose value.

I’ve often thought of it like a non-private version of XMR, or just a faster BTC. It does what it says on the tin.

[Anonymous No.28974715]

>>28974219
>pension
yeah, I'm not hoping to get any useful amount of pension either. They've started to tax the payout of the pension already and it will only get worse from here.
Seemy like you guys have pretty much the same shit as we do

[Anonymous No.28974829]

>>28962890
nope (short answer)
you could still do it, but you would need an extra fan and keep monitoring its temperature to avoid damaging it,
and you would still mine a miserable amount in comparison to a subpar desktop
I tried it and will never recommend it

[Anonymous No.28974832]

Monero is mainly used to pay for cp.

[Anonymous No.28974941]

>>28974832
and?

[Anonymous No.28974979]

>>28974832
Speaking from experience?

[Anonymous No.28974999]

>>28974041
>>28974204
>>28974264
>>28974401
>>28974405
Thanks for your opinion frens

I also noticed Bitfinex disappeared from the sticky of this thread. Why is that? And do you also have some thoughts on Kraken? Is it preferable (I'm a europoor for context) over Binance to just buy XMR and get out?

Sorry, I'm new to buying crypto. I've only mined XMR with XMRig so far. I just want to pick people's brains out because I'm going to be putting a large chunk of what I own in XMR.

[Anonymous No.28975067]

>>28969025
Not confused, when the started to delist i bought more )

[Anonymous No.28975212]

>>28974832
Cash is mostly used to pay for cp and drugs. Nothing is more anonymous than cash. They don't ban fiat, now do they? I'll take my benefits of cash with my benefits of crypto, thank you

[Anonymous No.28975269]

>>28974999
>And do you also have some thoughts on Kraken?
checked

kraken is fine, they regulary donate to the monero general ccs and the founder/ceo ist quite fond of monero

[Anonymous No.28975284]

>TFW only accumulated 15 XMR so far :(


Couple questions for you /biz/raelis if you'd be so kind as to spoonfeed me.

I installed XMR-Stak. It would appear that GPU has been removed or something because my load is at basically zero. Is there an added benefit to use a program that uses the GPU? I feel like this is probably a stupid question. I have a Sapphire Vega64 I feel like it's kinda going to waste.

1300 H/s is good right? or is that the total of the pool I'm in?

I have 4 other computers with decent CPUs and GPUs ranging from decent to really good. If I wanted to mine them do I just download Stak on each computer and include the same wallet address, or is there an "official" way of combining their power?

How long should it take on average to download the blockchain, and would it be useful to bootstrap my other PCs to my blockchain if I ever use them?

Pls answer some of my questions pls TY

[Anonymous No.28975294]

>>28961002
is that a horizontal asymptote or a vertical asymptote to zero?

[Anonymous No.28975372]

>>28974999
i bought XMR on kraken and got out. didn't use fiat so no proper verification. fees are fine, use kraken pro.

[Anonymous No.28975394]

>>28975284
>is that a horizontal asymptote or a vertical asymptote to zero?
anon its [unknown amount]

[Anonymous No.28975501]

>>28975372
That hat will never be clean again

[Anonymous No.28975754]

260 SOON

[Anonymous No.28975795]

>>28975372
>>28975269
Thanks chads. Seems like Kraken is getting my business then. I'm very bullish but of course I'll be DCA'ing. Might as well do that on a platform ran by competent people.

[Anonymous No.28975840]

>>28975754
soon? you mean now?

[Anonymous No.28976090]

based token please eliminate ripple

[Anonymous No.28976106]

I am SEETHING that i sold my stack a week ago to gamble on shitcoins
never felt more bogged

[Anonymous No.28976111]

>>28974832
We dont care lol
Monero is used for ( insert illegal thing here ) comunity so, The wil ban it so is drugs

[Anonymous No.28976169]

>>28975840
GIVE HIM YOUR POWER OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

GO, SMINEM, GO!!!

[Anonymous No.28976211]

Miners I need your help. So I recompiled XMRig after removing the insidious 1% hidden donation that >>28965958 told me of.

However now it seems like it only mines at 50% of my CPU. In the past it would have my CPU at a constant 100% stress but it stays at 50% right now. Some inquiry around on the internet shows it has to do with my L3 cache only being 8MB. However in the past it utilized all threads. Is this an improvement or did I mess up something?

I'll let it running overnight to see if it has any long-term effect on the hash rate but I'm still curious what my fellow miners know.

[Anonymous No.28976213]

>>28976106
You fucking retard, XMR is the most shorted crypto. You're lucky we haven't begun mooning yet. Jump back in ASAP and hodl this time.

[Anonymous No.28976215]

>>28976106
He fell for the “this piece of shit never pumps” FUD

[Anonymous No.28976308]

>>28976106
Thank you for selling me your bags

[Anonymous No.28976338]

>>28976211
it's built in to mess with your hashrate if you remove the donation. Just keep the donation % in it should be fine, it's also not "insidious" it's part of network maintenance for large-scale crypto networks.

Although personally I'm mining XHV right now

[Anonymous No.28976544]

>>28976338
>it's built in to mess with your hashrate if you remove the donation.
You're trolling right

[Anonymous No.28976625]

[Anonymous No.28976693]

>>28974298
>>28974418
BTC seems so high in comparison to LTC, if "alt season" takes off then it would be a shame if I traded now when LTC is well below its ATH.

>>28974574
seems like a decent hold compared to others since it is an OG alt coin. I have about 2x as much XMR as LTC, which seems like a lot of LTC... thinking about swapping for xmr

[Anonymous No.28976798]

>>28976544
I recompiled as well with the 1% removed and it is putting 100% load on the 3700x. 9KH/s now

[Anonymous No.28976964]

Tfw 26 XMRlet

[Anonymous No.28976968]

>>28976338
Gay pajeet

[Anonymous No.28976970]

>>28976798
are you on windows? i was getting 8.8KH/s on the same CPU. Never tried it on windows though

[Anonymous No.28977181]

>>28976970
Yes, Windows 10. I do have 32GB of RAM at 3800Mhz CL16 with a stable 1900Mhz fclk.

[Anonymous No.28977237]

>>28976970
should be 3% higher on linux due to 1GB pages. Maybe you were throttling due to ineffective cooling.

[Anonymous No.28977258]

what’s causing this pump anyway?

[Anonymous No.28977334]

POOMPA
*BANG BANG*
POOMPA
*BANG BANG*
POOMPA
*BANG BANG*

[Anonymous No.28977337]

i recently started mining on my old laptop through GUI wallet, it says 1 in 5000 a day chance of finding block, should i even keep it on??

[LebAnon No.28977354]

>mfw XMR general is top thread of /biz
we're gonna make it brothers

[Anonymous No.28977448]

>>28977258
Organic growth.

Nah it's pumping with bitcoin like anything else. I will say that monero market cap is like 25% of where it should be. This is a value hold.

[Anonymous No.28977477]

>>28977337
If you can see yourself still being alive in the next 5000 days

[Anonymous No.28977564]

$260

God fucking damnit my funds don't land until tonight and I wanted to buy two days ago REEEEEEEEEEEEEEEEE

[Anonymous No.28977579]

>>28977258

6% the txn volume of bitcoin and yet market prices it at ~0.5% bitcoin. extremely undervalued

[Anonymous No.28977605]

>>28977237
my cooling was absolute shit, getting up to over 90C, i'm switching up some parts on my machine to fix that

>>28976798
are you undervolting at all? i heard these cpus run hot and need to usually undervolt

[Anonymous No.28977623]

Monebros,
I plan to DCA every week (like sub 100), to add to the [small amount] of XMR I already have.
I'm on Binance, so I need to buy BTC (or BNB/ETH) that I then convert into XMR.
Should I just go all in XMR or keep some of the BTC as well?

[Anonymous No.28977642]

>>28977258
It's an irrational market so who knows. Only thing you need to know is that XMR will win out in the long run.

Run a local node and Mine locally on a smaller pool to help out

[Anonymous No.28977645]

>>28977564
>>28977579
Holy shit, what's the source of that data?

[Anonymous No.28977680]

TWO SIXTY OOOOOOOOOOOOO

[Anonymous No.28977696]

>>28977337
if you want consistent but small payouts then join a mining pool. also please find a smaller mining pool so hashing power doesn't stay concentrated in the top pools

[Anonymous No.28977698]

>>28977258
correcting upwards, the ratio is still in the below the ~0.006 previous support. So imagine when we actually start pumping.

[Anonymous No.28977725]

>>28977564
Fundus are safu

[Anonymous No.28977808]

>>28977564
Should have bought some from your local drug dealer instead

[Anonymous No.28977839]

whats the min suicide stack guys ?

[Anonymous No.28977895]

>>28977623
i ask the same question myself. no one really knows. personally i'm heavier on the monero side. i think btc is a solid and safe hold though, especially in the near term

[Anonymous No.28977898]

>>28976964
Ygmi just don’t sell

[Anonymous No.28977904]

>>28977645
If you have both the bitcoin blockchain and monero blockchain you can compare the amount of transactions and make charts like that yourself.

I confirm that it's real and Monero is #4 in amount of transactions. (Behind BTC,ETH and BNB).

It's #1 in actual purchases being made online (admittedly due to dark web, but still)

[Anonymous No.28977971]

>>28977605
I don't have any voltage offset set, never goes above 78c. That is with a Noctua NH-U12A and 20c abient.

[Anonymous No.28977981]

I made 10 different Monero FUD threads 2 weeks ago and haven't sold a single one from my stack of [unknown amount]

[Anonymous No.28977989]

>>28977623
Never go all-in

[Anonymous No.28978002]

>>28962392
>The video is basic, yet still very important.
Also true believe in freedom for the ppl fuck banks see bitcoin genesis block, but you realy need a untraceable chain or get all this tracing aml kys bs

[Anonymous No.28978028]

>>28977839
why do people call it suicide stack? is this in reference to people memeing about roping themself when their coin gains a lot of value?

[Anonymous No.28978035]

>>28977623
Potential for making money with BTC gets harder and harder each day
$50,000 gets normies excited, but the way I see it, the only way to double your money is if it goes it $100,000
Meanwhile Monero is sitting at $260 right now, and to double your money it only needs to go to $520.
We've already seen it tack on 50 dollars in value yesterday dip, so the future is bright bros

[Anonymous No.28978196]

>>28977989

This.

I basically split Monero equally with Bitcoin and Ethereum. Anyone who tries to convince you to go all in is selling you snake oil.

[Anonymous No.28978275]

>>28978028
oh, just saw an image in another thread... think i get it

[Anonymous No.28978320]

>>28977989
I’m all in on Monero. It’s undervalued as fuck and it’s a great project.
Down the line I will swap for bitcoin and ethereum but we have major gains to be made still.

[Anonymous No.28978322]

>>28977904
I need to dust off my coding skills. That's very cool, thank you.
>dark web
How do we meme monero into more online retail space? Btc doesn't make sense as a conduit for small online purchases.

[Anonymous No.28978329]

>>28978028
the amount the you need to hold so you dont commit suicide when you check the price in a few years

[Anonymous No.28978474]

>>28978322
We don't have to meme it's already starting to happen organically.

[Anonymous No.28978620]

WILL MONERO CHANGE HUMANITY AND BRING TRUE ANARCHO CAPITALISM??????

I mean who the fuck will know who you are and where you were and who you are paying when you pay at the supermarket from your phone using monero or just rpeviously converting it to normiecoin anonimously????

PROVE ME WRONG!

[Anonymous No.28978833]

>>28978620
cash already exists anon

[Anonymous No.28978895]

For high iq anons in last thread about monero offshore

>>28972406
>a) Would you agree that BTC is increasingly becoming a store of value?

I'd agree with this, however I don't think big players are ever going to use btc as a bank account. So maybe store of value isn't the right term, but maybe a hedge commodity is more fitting. Like a more volatile gold perhaps. I'm sure any wealthy entity buying bitcoin is only doing so to either hedge or take on risk in their portfolios by some small %. These wealthy entities wouldn't trade their offshore bank accounts for this kind of "store of value" other than allocating a small % as a private hedge or crypto risk exposure.

>c) If (if) BTC with time becomes annoying to hold because of coin taint/history, what do you think would be the next best store of value among existing solutions?

I think this is a great point, monero can definitely fill that niche. BTC may be used as collateral into the future, maybe to secure loans or for fractional banking, much like gold and other commodities are used today. I can see xmr filling a niche for those wanting collateral off the books. But for the most part transparency and public assets will be favoured in these situations. I think they'll both have their place. My point still stands that the wealthy won't be trading their offshore account for monero. If there were cryptonote stablecoins/assets with the same ring ct and bulletproof tech as monero, then I think that would have potential to capture a major portion offshore wealth.


>>28972523
>It will gain value from being a good means of private exchange.

I agree with this.


>>28973307
>crypto won't be this volatile forever

Probably true. But I don't think offshore wealth will be trading their obfuscated bank accounts for monero. The wealthy are very happy with guaranteed <2%/year. If there were such a thing as monero style synthetic assets or monero treasuries, that would be what captures offshore wealth.

[Anonymous No.28978914]

Mining an unknown amount of XMR with my AMD Ryzen 3900 CPU. It's not much but it's honest work.

[Anonymous No.28978927]

>>28978833
Yeah, and it’s value is fucking shit if you hold it.

[Anonymous No.28978939]

>>28978620
No. But it's a good development in the sphere of truly anonymous funds

[Anonymous No.28979113]

>>28977642
We're going to make it anon.

Godspeed everyone. Hodl and don't you dare sell before 2024.

[Anonymous No.28979201]

>>28978833

government can print infinite of it fag

[LebAnon No.28979372]

>>28977642
>>28979113
running a local node here
comfy af
we're all gonna make it

[Anonymous No.28979493]

>>28979372
Does running a node give you any direct benefits, or does it simply increase the performance of the overall network?

[Anonymous No.28979674]

>>28979113
>sell before 2024.
I'll still be accumulating in 2024. I'm mining and dollar cost averaging for the next 5-10 years.

[Anonymous No.28979761]

>>28979493
The 2nd. Mining gives you some reward but I do both.

[Anonymous No.28979790]

>>28979493
lets you see your balance without relying on external nodes which could log your ip

[Anonymous No.28979886]

>>28979790
>> MUH IP MUH IP.

fucking faggot lmao.

[LebAnon No.28979898]

>>28979790
>>28979761
based XMR bros
>>28979493
support the network my brother

[LebAnon No.28979972]

>>28979201
kinda like tether kek

[LebAnon No.28980045]

>>28979886
your nose is showing bro

[Anonymous No.28980222]

Tell me anons why I've choosed fucked up centralized Hedera instead of Basesd coin ever, knowing that Monero is fucking the best?

[Anonymous No.28980263]

>>28979886
Leave the thread. Monero isn't for you.

[Anonymous No.28980283]

>>28978895
you're right that it won't capture all offshore wealth but it could easily capture a small amount, maybe 1-2%, which would still be huge. Crypto could be a hedge against some of the risks associated with storing wealth in an offshore account, like a regime change making your account inaccessible. It would also offer higher potential returns. Also, don't forget that the wealthy elite in 10+ years will be much more tech savvy and open to crypto than they are now.

[LebAnon No.28980368]

>>28980222
I'm sorry for your loss anon
there's still time
cut your losses
DCA into XMR

[Anonymous No.28980463]

anons on monero threads are always kind and helpfull, so i will ask, what is the best (for you) portfolio tracker of your crypto

[Anonymous No.28980540]

>>28975394
>Oooooooo

[LebAnon No.28980587]

>>28980463
indeed they are
I see blockfolio as the most used one

[Anonymous No.28980599]

>>28975284
GPU mining is not worth the time or power, mine ETH with GPUs if you want to.
1.300H/s is pretty low, like 5$ per month without costs. Recent AMD cpus are the best to mine Monero.

You should join a pool to start.
No need to download the chain on each machine, the pool will give you your job.
https://monero.org/services/mining-pools/

Downloading the blockchain and running your own node is good for the network, and best for privacy. Takes about 100GB and 1-4 days depending on your disk and network.
You should be able to copy&paste the chain file (MDB) between PCs.

[Anonymous No.28980648]

>>28980463
coinstats

[Anonymous No.28980874]

>I only get 2300 H/s
That's it I am ordering a 3600

[Anonymous No.28981080]

>>28978914
right on bro. i wanna do that soon.

[Anonymous No.28981197]

>>28980463
I'm using Delta.

[Anonymous No.28981502]

>>28980463
a spreadsheet lol

[Anonymous No.28981556]

>>28965566
>>price goes up
>>buy
Never change /biz/

[Anonymous No.28981583]

>>28980283
Most tax heavens aren't like Liberia, though I doubt Jersey or Liechtenstein will have a violent coup in the near future. To be honest with you one of the reasons XMR is so appealing to me is because it's value is more than supposedly hedging against doomsday.

[Anonymous No.28981681]

>>28981502
>spreadsheet
but this inst track a price of crypto

[Anonymous No.28981736]

>>28978914
How much XMR are you making with that 9 KH/s hourly? I'm thinking of getting a Ryzen rig.

[Anonymous No.28981776]

>>28980599
To clarify: "Pretty low" for solo ventures I perfectly understand, but are you saying even slow for pools?

I'm doing this mainly because I see a possibility for this to retroactively be worth a couple thousand if this really takes off, which I think is a foregone conclusion.

I'm squirreling away 90% of my disposable income in here, I'm a believer.
https://youtu.be/aC9Uu5BUxII
vid related

[Anonymous No.28981903]

>>28981681
You can do some scripting on spreadsheets to get prices on load

[Anonymous No.28982069]

>>28981776
Not him but I think your presently making a loss of around 50% with that kind of hash rate. Given the current undervaluedness of XMR I think it will be retroactively totally worth it, but you're going to be better off just buying.

[Anonymous No.28982082]

>>28981776
What he means is that 1300h/s is probably going to swallow up more $ in power than it generates in XMR so you're better off just buying.

If it's your only option or if you want to help the network then sure it's good and XMR=XMR it will still appreciate in the future.

[Anonymous No.28982312]

>>28982069
Yeah, if only I had infinite fiat at hand.

[Anonymous No.28982497]

>>28982312
honestly, I have a ton of money just lying around but I can't just throw it at crypto. I know it's going to go up long term, but I'm much more comfortable mining to gain some of it. I end up putting most of my money into equity based ETFs in specialized tax advantage accounts with my real money, and only buy crypto from friends when they want out (get them to buy monero then buy that from them)

[Anonymous No.28982532]

>>28982082
I think it's also worthwile to look up if you have different eletricity prices at night or in weekends. I'm in Belgium and if I mine with a similar 1.5 KH/s at night I break even.

[Anonymous No.28982575]

>>28979972
Shhhh lmao

[Anonymous No.28982729]

>>28982312
Well, then don't mine and use the money you save on your electricity bill to buy more XMR?

[Anonymous No.28982856]

>>28981736
Honestly, mining is just to support the network. The problem with mining is it's a slow game. Only do it if you have the CPU lying around and cheap electricity.
It's more profitable just to buy the coin because you can hold on to the coin as it appreciates in value.

[Anonymous No.28982984]

>>28982497
Having a diversified portfolio is always adviced.

[Anonymous No.28983014]

>>28982856
Usually that's a sign that the coin itself is undervalued. But you're right, buying might be smarter for most people trying to get in.

[Anonymous No.28983082]

XMR hodler since 2015 here.
I'm moving some of my BTC to XMR tbqh.
Just look at the XMR/BTC graph. It's actually still very cheap.

[Anonymous No.28983093]

>>28982856
I'm not really wondering whether it's a good ROI. I'm just wondering how XMR/hour mined scales with KH/s, honestly.

[Anonymous No.28983099]

kek, we #18 now. Lets fucking gooooo

[Anonymous No.28983117]

We need a Photoshop anon to create a

"WHAT THE FUCK IS THAT PEPE" for MONERO

[Anonymous No.28983173]

107 Moneroj enough to make it?

[Anonymous No.28983258]

>>28983099
we still got a huge pile of dog shit to cross to get to the top

[Anonymous No.28983292]

>>28983173
shit 20 is enough to make it if you play your cards right

[Anonymous No.28983479]

>>28983014
It takes 6 months to mine 1 XMR with a single AMD Ryzen 3900. So not really worth it. I'm only doing it because it's my gaming rig.

[Anonymous No.28983535]

>>28976964
>Tfw 26 XMRlet

Assuming Monero makes its $40K projection by decade's end, 26 XMR would be worth $1 million and change.

[Anonymous No.28983563]

>>28983479
yeah same here, just mining with my CPU because why not, ryzen 5900 12k h/s

[Anonymous No.28983783]

>>28983479
To be fair that 1 XMR might be a thousand $ next month. Point is you should base it on future pricing potential, not current valuation.

[Anonymous No.28983830]

>>28983783
>might
try will

[Anonymous No.28983894]

>people stating their exact amounts
Don't. People have been jailed for that in 2017. Your IP is public on 4chan. It WILL be linked to you.

[Anonymous No.28984080]

>>28983894
>jailed
as if

[Anonymous No.28984276]

>>28983093
Look at my screencap.
I'm getting 0.0056 XMR a day.
Divide that my 24 for the hourly rate.

1 / 0.0056 = 178 days to mine 1 XMR.

Shit the more I do the math the more I realized how undervalued XMR is. I've been mining at a lost.

[Anonymous No.28984394]

Price in a year bros?

Need explanations why as well if you wouldn't mind.

[Anonymous No.28984492]

>>28984394
there might be a big crash, no one knows, just buy monthly so it will average out

[Anonymous No.28984549]

>>28961559
I don't like sharing links to google services

[Anonymous No.28984575]

>>28984394
20X from $420 this cycle. That's $8,400.

Bitcoin 20X it's last all time high in the 2017 bull market.

[Anonymous No.28984583]

>265.01

[Anonymous No.28984608]

>>28984394
No one knows, it's an irrational market. Only thing we know for sure is that Monero has the best positioning for long-term growth.

[Anonymous No.28984680]

>>28984394
Why are you even thinking of selling before 2024?

[Anonymous No.28984682]

I just bought some monero frens. Not too much but I thought I'd share

[Anonymous No.28984849]

>>28968074

>keeping them on the plate...

wtf retard

[Anonymous No.28984870]

>>28973796
Every exchange is "safe" that is allowed to issue debit cards. Visa is very strict about that and they take responsibility for your funds if you hold it on your card.

[Anonymous No.28984904]

>>28984849
IF IT BRINGS FOOD TO THE TABLE IT DESERVES A FUCKING PLATE

[Anonymous No.28984949]

>>28984276
Seems like a pretty good yield to me

I've been trying to find a cloud service on which I could mine profitably (people have tried and failed in the past). I'm pretty sure it can't be done but if I find one I'll definitely let you guys know.

>>28984682
Welcome, buddy! You're a monerochad now

[Anonymous No.28984954]

>>28984575
Fair. I assume you mean it going from ~$1000 to ~$16000.

The same pattern would have BTC going from roughly ~$10000 to 200k this time around. Which we are 1/4 the way through and might hit this summer if this looks like past bullruns.

Here's my thing: alts in general but really XMR specifically, how closely do they follow Bitcoin's patterns?
Also, why do people expect this bullrun to be 15-20x? I know, historical patterns show this to happen every 3-4 years. But why do they happen?

>>28984680
Who said anything about selling? I just want to understand this market better.

[Anonymous No.28985070]

>>28984949
>I've been trying to find a cloud service on which I could mine profitably
Can't be done.

[Anonymous No.28985071]

>>28984954
Look at the log chart. We're going to 40k as soon as this breaks 400.

[Anonymous No.28985101]

>>28983258
xmr remains crazy undervalued due to ludicrous volume of fud and lack of a coinbase onramp

even just reverting to historical trends vs. btc it should 3-4x (ignoring any upside from the fact that it is the only crypto to actually replace btc in a market)

it also should easily flip a legacy project like ltc
>technical superiority
>plebbit community faster growing, more active
>clear use case
extrapolating from that it should easily 3x marketcap to $750 per

[Anonymous No.28985216]

I have missed BTC besides having hold quite a few in 2012. Living from welfare and put most of my savings in XMR. I will hold these 11 Moneros for a few years and hopefully make my first gains..

[Anonymous No.28985265]

Bros this chart scares me why does these spikes happen?

[Anonymous No.28985277]

Virtually ZERO fees because of bulletproofs. Rapid transfers and Anonymous. It's a shame the market is pegged to bitcoin otherwise this would be much higher in price. The price doesn't reflect it's value at all but I'm hoping the price will go up one day to reflect this.

[Anonymous No.28985300]

>>28985071
Looking at the log chart, I can easily see 1k. 10k is a bit of a stretch but again purely from the log chart I can see it. Idk about 40k though.

[Anonymous No.28985350]

>>28985216
Don't make the mistake I made and not continuously DCA. Even if its half 1 XMR per month, I'm hoping it will pay 100 fold in a few years.

[Anonymous No.28985447]

>>28985300
The last time the xmr/usd log chart broke it's previous ATH it 100x'd. This doesn't indicate future returns but it's my price target and I'm comfortable with it.

[Anonymous No.28985449]

Anyone know whether there's something like BlockFI that's trustworthy and supports XMR?

[Anonymous No.28985460]

>>28985277
You're still an early adopter. Crack a cold one, relax and watch the fomo when the inevitable inevitably happens. The price fluctuations don't mean jack shit now, but they bring very good exposure to the project

[Anonymous No.28985513]

>>28984954
>alts in general but really XMR specifically, how closely do they follow Bitcoin's patterns?
>alts in general
They don't.
>XMR specifically
Eerily similar to the point that you will think it's photoshopped/fake. I personally don't believe XMR is going to take the exact pattern Bitcoin had. But I can't refute the fact that so far it has had a overlapping factor of over 90%. Is that going to continue in the future? Probably not but if it does I'm sure some economist is going to write a paper about it and win a nobel price.

>The same pattern would have BTC going from roughly ~$10000 to 200k this time around
First bullrun was 200x last ATH the 2nd was 20x last ath and this one is already past 2x last ATH.

Monero had its first bullrun last time and it was 200x last ATH. If it follows BTCs trajectory it means 20x last ATH which would be $8000.

But this is all unfound pattern recognition. There's no magic in the numbers. At the end of the day it's people buying XMR that makes the price go up, nothing else.

[Anonymous No.28985518]

>>28967235
Rig 1, 3900x cranked up to 4.2, getting about 14KHs

[Anonymous No.28985517]

>>28985265
>xmr/btc doesn't slip
>btc/usd someone does a BIG BUYED
>xmr/usd, thru a=b=c; a=c property, sharply goes up with btc

[Anonymous No.28985592]

>>28961002
Sounds cool. I found this picture of the Monero coin in gold and silver. That is pretty dope, it is actually backed by real useful commodities. How do you claim the gold/silver monero coin when you want to cash out? Can they deliver it to you after you sell it or something?

[Anonymous No.28985603]

>>28984394
>Price in a year bros?
>
>Need explanations why as well if you wouldn't mind.

Don't worry so much about next year's price, just kick back and relax safe in the knowledge that the inevitability of black markets, tax evasion and money laundering will drive XMR to Mars in due time.

They don't call Monero the comfiest hold in crypto for nothing.

[Anonymous No.28985606]

>>28985518

[Anonymous No.28985612]

>>28976211
lmaooooo
>he doesn't use the arch linux AUR alternative with donations set to 0

[Anonymous No.28985687]

>>28985606
1700 only doing about 2-3KHs
both rigs are decent but planning on clustering some older system

[Anonymous No.28985717]

>>28985350
Yeah that's extremely smart. You shouldn't look at total pricing but at growth potential when DCAing. People get emotional and think "I already missed out on (arbitrary valuation) so I might as well not buy in at all". Or they think "I can't buy a whole one so I won't buy". This irrational behavior makes people lose a lot of potential gains.

[Anonymous No.28985742]

Boys, we are all going to get so motherfucking rich. It brings a tear to my eye just thinking about it.

[Anonymous No.28985908]

>>28985592
>gold and silver
My grandparents sometimes tell me stories about those, they still have a coin of each just for sentimental value.

[Anonymous No.28986117]

Any guides on putting together a mining rig for XMR? This looks like the coolest hobby/side business to set up. I want to get more into the crypto space but without drawing the ire of the ATO

[Anonymous No.28986150]

>>28985908
gold and silver are in electronics lol - how have you never heard of them?
Also can you pls tell me how to convert the monero coin into the gold/silver version?? that is amazing

[Anonymous No.28986160]

>>28985742
This. I'm so ridiculously bullish it hurts

[Anonymous No.28986170]

>>28985717
Going to screenshot this and keep it in my diary.

Thanks anon. God speed for the future.

[Anonymous No.28986314]

>fell for KYC meme because low fees and thought it would be instantaneous to transfer to XMR
>being forced to hold LTC until its all available for transfer
>XMR keeps rising and rising.
>I bought when LTC was higher than XMR, hoping for at least a 5 XMR
>now ill probably be 3 XMR

[Anonymous No.28986358]

>>28986117
>basic
Aim for ryzen, focus on cache size, get the best memory clock speed you can, 3200MHz is ideal
>minmax autismo
Run linux, compile kernel with '-mtune=znver2', build XMRig with the same flag, optimize kernel config for memory performance, OC as hard as you can

[Anonymous No.28986528]

>>28984394
No one knows. But let me put it this way. If XMR ever went below $200 again I'd liquidate a good portion of my personal possessions to buy the dip.

[Anonymous No.28986535]

>>28986117
>get an AMD Ryzen
>install arch linux
>install xmring from AUR with donations set to 0
>setup ur xmrig to connect to pools in https://minexmr.com/miningguide
>???
>prophet

[Anonymous No.28986614]

>>28983082
Waiting for atomic swap or just trading?

[Anonymous No.28986661]

>>28986150
>gold and silver are in electronics
less than the yearly inflation is used in manufacturing from gold. No wonder it's been going down, there's no point for it to be valued above 1% of it's current market cap after crypto replaces it as the main hedge asset.

It's performance over the last 6 months has been an abomination, you'd have lost money if you bought it.
USD actually beat it... imagine.... THE U.S DOLLAR BEAT IT. BAHHAHAHHAHHAHAHHA

[Anonymous No.28986710]

if I had a chance to change something I would like to shoot this nibbas who shilled here this trash
have already lost 2000$ for their scam bot
who this fucker that made this fucking retarded algorithms
seems like it is better to wait for full-ecosystem open for Bot Ocean and their solutions
my purse is crying

[Anonymous No.28986739]

>>28986614
Long-term holding tbqh. My portfolio used to be balanced between BTC, XMR and LTC but now it's out of whack.
and I think BTC is overvalued, while XMR is undervalued, considering its usefulness as a privacy coin
Black markets will never go away

[Anonymous No.28986878]

>>28986150
You could always register an anon btc address and just buy with btc..

idk anything about monero.. looking into it though.

[Anonymous No.28986919]

Are the SideShift fees low enough to do LTC>XMR regularly with very low sums without losing tons of money? ($10-$20)

[Anonymous No.28986918]

>>28986739
I mean what's the best way to move from BTC to Monero.

Sell the BTC and buy XMR?
Trade the pair?
Or wait for atomic swap?

[Anonymous No.28986926]

>>28986661
bro im confused, why are you buying monero if you dont like gold/silver? you can convert monero into a gold and silver coin.

[Anonymous No.28987087]

>>28986535
An AMD Ryzen is $200, I wonder if that's profitable compared to just using that money to buy XMR

[Anonymous No.28987144]

>>28986918
Trade the pair on Binance XMR/BTC
I wasn't aware that atomic swaps are coming to XMR-BTC to be honest
Is it even feasible?

[Anonymous No.28987154]

>>28986926
>why are you buying monero if you dont like gold/silver?
Because gold and silver have no intrinsic value and are cumbersome physical items, whereas Monero is a virtual currency that is widely used on dark markets (=high demand).

[Anonymous No.28987265]

>>28986919
Honestly, if you aren't buying via binance or kraken (trading fiat or btc) then just bite the bullet. The fees won't really matter when you see your investment goes up.

[Anonymous No.28987365]

>>28978620
Yes.

[Anonymous No.28987405]

>>28987154
But the monero coin can be turned into the gold/silver monero coin....? im confused.

gold and silver is used in everyday things and its scarce, that obviously has 'intrinsic' value. its bulky, sure, but fortunately you can convert the monero coin into gold/silver like this so you get the best of both worlds;
>>28985592

[Anonymous No.28987472]

>>28987144
>Is it even feasible?
Apparently it's coming soon.

Just imagine how whales escaping taxes into Monero will affect the price of XMR.

[Anonymous No.28987529]

>>28987405
>But the monero coin can be turned into the gold/silver monero coin....?
Yeah and monero can be turned into a car, what's your point?

[Anonymous No.28987547]

>>28987154
>no intrinsic value
this is the most smoothbrained take i've seen in a monero thread this week

[Anonymous No.28987578]

>>28987144
>I wasn't aware that atomic swaps are coming to XMR-BTC to be honest
>Is it even feasible?

https://localmonero.co/knowledge/monero-atomic-swaps

[Anonymous No.28987598]

Speaking of whales

If peeps make it big, what country are you moving to? I sure as fuck don't want to deal with US bullshit

[Anonymous No.28987631]

>>28968074
fuck atleast build them a stand with a fan or something

[Anonymous No.28987675]

>>28985592
>>28986150
Precious Metals are okay and I always encourage a diversified portfolio to everyone. However Precious Metals have an unknown future because they can be attacked from four angles.

Firstly cheap oil, more automation and better drilling techniques could raise the inflation of gold and silver from the 2% a year it is right now to about 5% a year very soon.

Secondly the main purpose of investing in Precious Metals as safeguards against inflation might fall out of favor due to cryptocurrency taking its spot. Causing the valuation to drop.

Third in the medium term astroid mining might wipe out the valuation of a lot of PMs. If you're in your 30s or younger this means holding PMs for retirement might not be worth it due to this medium term risk.

Last but not least the long-term risk of transmutation from cheap energy sources like fusion power will make it trivial to turn lead and mercury into gold and will plummet the price. This means you can't use PMs to let your children inherit wealth as it won't be relevant to your kids anymore.

I personally do hold PMs. But only as a short term investment and cash alternative.

A healthy portfolio includes Stocks, crypto, bonds, PMs, Cash and if you have a certain amount Real estate and Art/collectibles to fully isolate yourself from financial risks.

[Anonymous No.28987746]

>>28986314
What's transfer?

[Anonymous No.28987762]

>>28987529
???? no it can't, look at the picture->>>>28985592

it's excellent that this coin is backed by real money, so it can be used as a store of value.

[Anonymous No.28987778]

>>28967235
>>28968074

[Anonymous No.28987860]

>>28986314
>be using changenow on CakeWallet
>decide to sell my BTC for XMR
>set lowest txn fee to maximize XMR yield
>network was congested
>txn got stuck for 2 days
>XMR pumps hard as fuck
>by the time my trade goes through I am fucked out of 15%

It hurts

[Anonymous No.28987869]

>>28987675
mining asteroids?? transmuting lead into gold? wow.... is the gold price like $1,000,000 already? I didn't know that.

[Anonymous No.28987893]

>>28977696
What's "small"? Anything out of the top few?

[Anonymous No.28988064]

>>28985070
unless you already have rigs, buying is just cheaper

[Anonymous No.28988252]

I'm trying to find a way to invest my XMR and get some kind of returns from it.

Is it possible to lend it and see some returns?
Investing in a mining pool somehow?

[Anonymous No.28988259]

What the fuck
Based blockfolio bug telling me the "high" target price in real time

[Anonymous No.28988279]

I spent literally almost 80 dollars in fees switching 250 dollars to monero some weeks ago, due to being retarded and drunk when doing this ( normally i would have paid at least 25-35, which is still horrible ). Due to this new price rise i almost made up the loss in Monero token worth i hold ( only use for me is buying drugs on the DNMs ). However switching it back to BTC or something else and then back to exchange would could me at least maybe 20-30 dollars more. Monero is a great coin but buying and selling it is pure cancer. I will just HOLD it for a while, and occassionaly maybe buy some meth with it. Every possible solution i read of ( Cake wallet/ Morphtoken ) costs me and arm an a fucking leg to get or sell this token. If they figure this shit out it might be a top-tier cryptocurrency, so far it's a pain in the ass

[Anonymous No.28988308]

>>28987675

[Anonymous No.28988314]

>>28987860
>try to save 15c
>cost 15%

based changenow and stingypilled

[Anonymous No.28988418]

>>28988279
imagine being this retarded

[Anonymous No.28988423]

>>28988252
Don't. It's a haven of scams out there. Especially for XMR which can be easily stolen as it's fully private and untraceable. Why take the risk.

I honestly think you're better off just selling some XMR and putting it in speculative coins that might moon. You'll have a higher chance of actually seeing a return that way.

[Anonymous No.28988445]

>>28987675
>Last but not least the long-term risk of transmutation from cheap energy sources like fusion power will make it trivial to turn lead and mercury into gold and will plummet the price. This means you can't use PMs to let your children inherit wealth as it won't be relevant to your kids anymore.
Transmutation is a meme idea but the general sentiment is right. Like shale oil, there are stores of PMs that are not currently profitable to exploit, like gold in ocean water, but will be if PM value shoots up. As a result, PMs (like oil) have natural negative feedback mechanisms in their price.

[Anonymous No.28988562]

>>28988252
coinloan.io is quite reputable, regulated under eu licenses

[Anonymous No.28988799]

>>28988314
It’s like getting the belt from the universe itself.

[Anonymous No.28989041]

>>28988252
Coinloan and nexo seem pretty reputable

[Anonymous No.28989106]

>>28989041
>>28988562
>>28988423
Thanks. I'm going to just sit on my stack right now but also watch this stuff and hopefully it matures.

[Anonymous No.28989155]

>>28989041
nexo doesn't support XMR

[Anonymous No.28989352]

>>28988418
I admit i am quite stupid, but i was also drunk and high on meth
t. lowlife

[Anonymous No.28989735]

>>28961002
Hi Monerobros, I tried mining on my Thinkpad just to get a feel for it as my pitiful hashrate was going to give me $14/year. I used xmr-stak-rx, my question is, where is the blockchain downloaded to? I want to delete it because I have no more space lmao

[Anonymous No.28989830]

Why do some people call Monero a token? I see this happening more and more recently.

[Anonymous No.28989831]

>>28989735
Miners don't download anything besides the mining software. Only nodes store the blockchain locally.

[Anonymous No.28990009]

>>28989831
Damn, I think I have bigger problems then

[Anonymous No.28990040]

We have such long ways to go xmrbros

[Anonymous No.28990142]

>>28990040
That's a good thing

[Anonymous No.28990147]

>>28990040
~1500 xmr sell wall ay 5108 sats