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29018294 No.29018294 [Reply] [Original]

Why is it pumping? Thought it was a shitcoin.

>> No.29018390

People don't like letting others know what they're doing

>> No.29018417

It's the future.

Price suppression shorts starting to liquidate.

Why where they there in the first place is the real question?

>> No.29018434

Because it's not, it's stable and it works.

>> No.29018454

RE: shorts https://datamish.com/xmrusd/360d

>> No.29018471

Its probably the most actually utilized coin out of all of them. Crypto hype is utterly decoupled from utility though, so the answer to your question is "because they ran out of shit to pump"

>> No.29018701

>>29018294
Right now it's by far the best digital currency to actually use as currency.

>> No.29018752

I wish I got rewarded for running a node of XMR

>> No.29018888

>>29018294
>shitcoin
It's the only coin that you would be able to use in the real world without people camping outside stores waiting to jump you for the millions of $s worth of coins they found out you have by looking up the wallet address you just paid with.

>> No.29019049

>>29018294
It's tax season.

>> No.29019103

>>29018752
Running a Monero node hardly takes up any ram or cpu power. You should always be running it, it strengthens the network and also your investment. You can easily mine monero with your CPU as well.

>> No.29019120

Monero is a government honeypot, use 0xMonero

>> No.29019137

>>29019049
Lol this. Yet more proof of it's use case.

>> No.29019161

It's honestly the best coin. Bought a nice stack at the bottom. When bitcoin gets adopted it's only a matter of time when people will start to make private payments.

>> No.29019253

>>29019120
Gurdeep detected

>> No.29019257

>>29019120
nope. 0xmonero is still vaporware bullshit
just like the last hundred times you spammed it
stop trying to steal from people by lying to them about the capabilities of the project
https://www.reddit.com/r/CryptoMoonShots/comments/i27fhk/0xmonero_summary_of_findings/
>>/biz/thread/S24750658#p24755504
another recent beatdown >>/biz/thread/S28670476

>> No.29019313

>xmr
>shitcoin
Kys

>> No.29019332

>>29018294
It's literally the only non-shitcoin. That's why people thought it wasn't pumping with the shitcoins the last few months; because it's not scammy enough with retards pumping it and because glow niggers work to suppress it.

>> No.29019361

>Thought it was a shitcoin
>literally the only coin worth holding

>> No.29019489

I think by the end of this year xmr will get up to 500$

>> No.29019513

>>29018294
LET ME IN LET ME IN
i just filed my returns i don't wanna miss this boat, it is already up from 170 when i wanted to buy, but i don't wanna liquidate my other positions. this is killing me.

>> No.29019553

>>29019513
Yo either bought to little or you didn't buy at all, time to invest.

>> No.29019702

>>29019120
Post your eth address you keep 0xmr in so we all can see just how private it really is

>> No.29019753

>>29019257
The worst part is that these tards know 0xmr is a scan, they are fully aware it's nothing but a shitty code fork. Yet they try and shill it just to dump their bags, absolutely pajeet behavior

>> No.29019763

>>29019553
ehh i guess i can liquidate some stocks but i am so impatient rn.

>> No.29019794

>>29019489
More like end of march, at this rate it's gonna hit it's previous ATH in a matter of weeks. Have no idea how high it will get during this run, maybe 1k

>> No.29019795
File: 190 KB, 485x319, Monero.png [View same] [iqdb] [saucenao] [google]
29019795

>>29018752
The reward is a strong decentralised network and true anonymity.

FUCK THE FED
FUCK THE IRS
FUCK THE DEA
FUCK THE NSA
FUCK INTERPOL
and most of all
FUCK JANNIES

>> No.29019933

honestly i have not looked at crypto too much, what is the best way to securely buy monero without racking up fat fees and taxes?

>> No.29019997

>>29019794
what do you think the price will be in like 5 years? i am just holding and buying more slowly because i am poor, won't make it this run

>> No.29020037

>>29019103
it does however use quite a bit of bandwidth

>> No.29020079

>>29019753
that's why i try to provide resistance every day
it's disgusting to me that in this world of virtually unlimited opportunity
that they try to profit by lying and fooling people (essentially stealing)

>> No.29020349

>>29018294
Because everything's pumping

>> No.29020839

>>29019933
fucking normies

>> No.29020906

>>29019933
kys normie
go back to plebbti

>> No.29020964

>>29018294
the doge pump marks the start of the bull market, the xmr pump the middle, shitcoins running out of steam mark the top
just keep buying whatever you were buying

>> No.29021161

>>29020906
>>29020839
not a fuckin plebitor, i just stay in /smg/ and /pmg/ cause 95% of these shitcoins sound like schitzo pump and dumps and I haven't looked into buying anything crypto related since like 2015 until recently.

monero sounds like it actually has some applications as a currency for day to day use.

>> No.29021620
File: 252 KB, 1210x1000, 4031D22F-7DDB-481B-8861-CDD4AEB57856.png [View same] [iqdb] [saucenao] [google]
29021620

>>29019795
KING shit right here!

>> No.29021700

>>29018294
It’s always the final exit pump before things crash. Scammer move their coins through it first before the rug pulls.

>> No.29021947

>>29020906
Stfu you are probably the most normie faggot on here

>> No.29022001

>>29019753
>shitty code fork
It's not even a fork, they've just slapped the name on an erc20 token.

>dump their bags
No one actually has bags of it. It's just the people who created the coin looking for suckers. It's extremely low effort too, probably just bots posting in any XMR thread.

>> No.29022036

>>29021700
Monero hasn’t even pumped yet, that was just a catch up

>> No.29022075

>>29022001
>probably just bots posting in any XMR thread
i think they don't use bots
i think it's manual
99% of it is by one guy
they have no coders to make a bot
that's why they struggled to even plagiarize an erc20

>> No.29022170

>>29020839
>>29020906
Wtf fuck off

>>29019933
Depends where you are. Try Kraken or Binance. Often the best way is getting the cheapest BTC and trading it for XMR at Poloniex or something. The Coinmarket cap monero page has a list of exchanges sorted by volume you can look at too.

>> No.29022190

>>29019933
Buy USDT on Binance, then exchange to XMR then and send to a Monero GUI wallet. Fees are almost nonexistant this way. Binance is however a total cancer of an exchange.

>> No.29022317

>>29018888
Based. No one is paying with a public ledger.

>> No.29022373

>>29019795
based

>> No.29022577

>>29018888
Checked but no one was paying for stuff with bitcoin at the store anyway it’s too slow and doesn’t work

>> No.29023063

>>29022577
This isn't true. Between 2011-2015 there was active usage of bitcoin on a lot of stores. I remember buying my steam games with bitcoin. Only after 2016 did the transaction fees and transaction time became so long that it wasn't worth it.

>> No.29023385

>>29022577
That just adds to my point. XMR is significantly faster and transaction fees are low as fuck compared to other coins people are hoping to use as currency.
Public coins are out by default. I'm waiting for the day retarded normies who say dogecoin will become a legit form of payment realize that they basically want to broadcast to the world every single financial decision that they make in their lives.

>> No.29023473

>>29019049
that is a brainlet take

>> No.29023492
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29023492

>No longer below 20th mcap
>Finally above fake fake bitcoin
When did this happen XMR bros?

>> No.29023495

>>29018752
I will run this node without even owning XMR. I am 100% BTC but Monero seems like the only other based crypto out there.
Godspeed monero hodlers.

>> No.29023553

>>29019103
Can I decide how much bandwidth to allocate to Monero? Is it an easy setup? I will watch some youtube videos anyway, but would be cool to hear from someone on here.

>> No.29023600

>>29022190
thanks anon, i'll give it a look, i was looking at binance and it did indeed seem aids, but ig it can't be helped.

>> No.29023681

>>29018294
i just bought 5 at 160 to buy drugs when i sign off a ship RRREEEEEEEEEEEEEEEEE I`ve always believed in it but it came before I had time and resouces to accumulate cause i couldn`t move my money at ship RRRRRRREEEEEEEEEEEEE

>> No.29023810

I'm guessing it's the best crypto for drug and human trafficking plus dark web biz.

>> No.29023882
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29023882

>>29023495
based

>> No.29023901

Because you can literally buy gold with it and cash out in small amounts to be completely anoneeemooouse. /thread

>> No.29023953

>>29023810
Best for drugs/weapons/child porn/human trafficking
Best for money laundering
Best for dodging taxes
Best for hackers demanding funds from hospitals
Best for rogue states like North Korea and Iran to avoid sanctions
Best for security black ops to pay for spies and equipment under the radar.

All of those use cases will make XMR worth more than bitcoin eventually.

>> No.29024072

>>29023953
>XMR worth more than bitcoin eventually

I'm a big XMR fan but that's a tall order

>> No.29024079

>>29021161
based

>> No.29024193

>>29024072
No I mean that from a mathematical standpoint. Bitcoin's aims are to be a replacement to gold (10trillion USD worth). Monero is targetting all the points I adhered to in that post. Those are the shadow economy which is expected to be 10 trillion A YEAR (because unlike gold, drugs, sex etc isn't finite).

>> No.29024197

>>29023681
man looking back at my drug purchases in 2016 that I made with BTC is fucking absurd. Near 32k at current price LOL.

>> No.29024208

>>29022190
doesn't binance rape you with fees on credit card purchases?

>> No.29024242

>>29018294
it's the only cryptocurrency that's good as currency on darknet

>> No.29024334

>>29023953
We need bitcoin institutional adoption to spearhead XMR via atomic swaps
>XMR used for dodgy shit
>They ban it from exchanges
>Institutions adopt BTC
>Institutions now have a stake on BTC
>Atomic swaps happen
>No longer can ban XMR.

>> No.29024339

>>29024197
You should watch out about that. The US government is mapping out the entire bitcoin blockchain and retroactively punishing people whose wallets get linked to their person.

The entire bitcoin blockchain will eventually be 100% mapped and every transaction, wallet and bitcoin will be linked to individuals.

I'm not saying this to scare you (I also used silk road back in the day). I'm just saying you should try to think of an alibi when they inevitably come knocking.

>> No.29024451

>>29024339
I've considered this, but realistically they will only go after distributors. It would cost far to much to pursue the little guys like myself who only purchased $300 worth back then.

>> No.29024488

>>29024334
They aren't going to ban XMR in the first place. Why? Because the reason they want to ban XMR is because they want to see your information.

If they ban XMR then they won't even see the KYC from people that bought XMR so they'll have access to even less information which is counter intuitive to what the state wants.

Also if the US bans XMR then they just push the industry in the hands of the Chinese. And similar in reverse. The end result will be that no government will ban XMR because the detriments of banning it are bigger than the potential rewards of banning it. And I'm not even going into the battle of a ban not holding up in a democratic court as it goes against fundamental rights of financial privacy to ban Monero on its privacy grounds.

>> No.29024541

>>29018294
Its part of my exit stat for Australian crypto if you can prove receipts ect but you "loose your crypto password" you can claim it as a capital gains loss and claim on tax. then I just bounce out of this 1984 shithole and live like a king in a slightly more tax free shithole.

>> No.29024713

>>29024339
They'd need to go though a shitload of exchange logs.
Assuming they'd actually comply there is also a chance the exchange died or lost old records. There is really nothing to fear and I don't think the government is competent enough to do something like that on any scale. When they actually get up to speed with blockchain tech in 10 years the cases will be too old to litigate.

>> No.29024738

>>29024208
The tards won't even allow me to deposit with a credit card, did a SEPA transfer instead with Revolut, it was almost instant too somehow, fees were 1.75% in total.

>> No.29024790

>>29024451
>this guy used crypto to buy drugs in the past
>okay just check all their packages at least 3x before delivering in the future
And just like that, everything you order will be opened beforehand, or delayed because they have to look up if everything about the package matches perfectly.

>> No.29024802

>>29022190
Binance is fine. What's wrong with it?

>> No.29024875

>>29024713
>Assuming they'd actually comply there is also a chance the exchange died or lost old records.
Doesn't matter you can use heuristics to slowly map out the entire blockchain. The CIA, KGB and Chinese Communist Party have been untangling it since 2017 and there are a couple of machine learning papers that show the AI can accurately map out an entire blockchain with just 3% of all information. If for example the US government already has 3% of all bitcoin blockchain information due to KYC then it might already be game over.

This is the main reason for why people are switching to Monero. What the hell is the difference between BTC and a normal bank account when every coin,transaction and wallet is linked to specific individuals?

>> No.29024915

>>29024790
lol you think they have time for this shit? you think they will hire more people to do these checks?

The best vendors I seen always send their stuff inside a box that is shrinkwrapped and customs will never bust open a shrinkwrap.

>> No.29024982
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29024982

>>29024875
you make a sensible point

>> No.29024998

>>29024875
How the fuck do you untangle exchange wallets? There is no way to tell which one of the thousands or millions of transactions coming out is yours.

>> No.29025012

>>29024802
Most autistic verification requirements i've ever seen anywhere. I have to send them a utility bill because where i live now doesn't correspond with the adress on my passport. Luckily XMR can be bought without verified address.

>> No.29025070

>>29025012
You don't need to do the address verification. Just verifying your ID is enough for pretty much everybody. That's the standard KYC everybody does.

>> No.29025158

>>29024790
Paranoid. Wagies in post offices don't care, and post office sorting isn't automatically synchronized with law enforcement, which you can check yourself on various forums, people order to "burned" adresses and other packages come just fine later. These things don't happen in democracies, if only because there's simply no resources to implement this kind of shit. Also no one really cares about you ordering 20 tabs or LSD or some shit, cops focus on the big time guys.

>> No.29025164

>>29024998
The trick is to target exchange wallets last. Focus on individual wallets with KYC information and transactions between wallets. Once you know every individual transaction then you can map out the exchange wallets as well.

You're right that exchanges like MTGOX won't have records, but it doesn't matter if you know all wallet that ramped on and all wallets that ramped off.

>> No.29025469

>>29025164
There is no way to track somebody that withdrew from exchange to self-generated wallet and used that wallet to buy stuff on darkmarkets except for getting information from the exchange itself. The wallet isn't used for anything else so there is no other information that can be used to identify it.
Also even if they knew you sent the BTC to a darkmarket they still have no idea what you bought. What are they going to charge you with? There are actually some legal products on darkmarkets too. How do they prove what you bought is illegal?

>> No.29025508

>>29025469
Declare darkmarkets illegal retroactively.
ez

>> No.29025684

>>29025469
>How do they prove what you bought is illegal?
They can't. However at least in the US and most of the EU. The police only need reasonable ground to start an investigation and multiple cases have already shown that people can and will be arrested without firm final proof.

For example multiple pedophiles that were arrested but their hard drives have been encrypted. They were still charged on the reasonable assumption that those drives have child porn based on other online behavior (like putting BTC into a child porn website wallet).

I know we all like to believe that it's innocent until proven guilty but that is only stretched to a certain limit. And a lot more grey-area in actuality.

>> No.29025689

>>29024875
>What the hell is the difference between BTC and a normal bank account when every coin,transaction and wallet is linked to specific individuals?
The difference is the general public can't see your bank account details.
>>29025469
tax evasion and there's no statute of limitations

>> No.29025918

>>29020079
i've seen you do this in monero threads. you are extremely based, thank you for your effort

>> No.29026034

>>29025918
thanks
no prob

>> No.29026385

>>29025689
Tax evasion on 100$ sure. I'll pay the fine for that.

>> No.29026703

>>29023953

None of any of those above, just put a centralized ATOMIC SWAP project directly connected to CMC without any control of any kind and you'll have the biggest crypto market manipulation even more than BTC and Tether.

Who gonna check if the ATOMIC SWAP transaction are legitimate if transaction are hidden by the RingCT ?

TLDR:
FUCK the SEC
FUCK THE NORMIE
FUCK BTC.

>> No.29026762

>>29025684
>Oh noo, not my child pornerinos.
If you want a fungible, dark web safe, illegal use case coin with anonymity use monero. I dont see the debate here mate. I dont *need* to buy Monero because I dont plan on participating in illegal activities. Yes, the government isnt your friend but I dont give a fuck what they want to know about my crypto holdings, I wont sell my shit, I wont have taxable events, I wont give them the keys either. If push actually came to shove and Monero suddenly becomes extremely valuable then yeah, bitcoin holders might move there when the government tries to literally kill Btc holders or something. But other than that, I dont see any reason as to why Bitcoin is worse in technical terms. And yes, I think of Monero as the second best crypto token, even the best "currency" but as long as there is Cash in my society, I dont need it.

>> No.29026761

>>29018294
Scammers are exiting with their money so they can't be traced.

>> No.29026786

it's a bubble, doesn't matter what the shitcoin does it pumps

>> No.29026963

>>29026762
>token
C'mon dude.

Also you might not care. But the Chinese billionaires like Jack Ma that are about to get CCP'D by the CCP sure as hell want to move their wealth away before they can confiscate it. BTC is effectively traceable so you can't use that in a totalitarian regime. At least not in the long-term.

I mentioned those crime based use cases because they provide a bottom of "value backing" as it were. Like what was old USD backed by? Gold. What is Monero backed by? Dark web crime.

>> No.29027105

>>29024339
be sure to admit to something ...something else

>> No.29027172

>>29024451
they print their own money. are you new?

>> No.29027312

>>29024915
what if you're not trying to evade customs? if a rocket round is being tracked customs wont be the ones to bitch about shrink wrap

>> No.29027444

>>29025684
youre assuming police or anyone else follows the rules

>> No.29027669

>>29027444
trips means im right

>> No.29027709

SOMEBODY POST THE CHARMANDER MONERO POST PLEASE!!!!!!!!!!!!!!!!!!!!!!!!

>> No.29027804

>>29024339

Imagine buying BTC on craig list / ebay then get sued for pizza/drug stuff related because you sell an old car / laptop.

>> No.29028796

>>29018294
He doesn’t know

>> No.29028842

>>29027709
IM FUCKING IP RANGE BANNED
HODL MONERO
WE'RE ALL GONNA MAKE IT BROS

>> No.29028898

>>29019795
FUCKING BASED XMR BRO

>> No.29028921

>>29025684
Pedos are a different thing, but no one will bother with you ordering some drugs for personal use, even if they found out about it. Not worth the police time and effort, even if they can prove it

>> No.29029103

>>29026762
Ledgers like BTC can be traced forever.

> walks into store to buy some $1 product
> store owner sees amount in your wallet
> 'you better hand me all that BTC anon or I'll shoot ya'

There are reasons why we don't write our net worth on our foreheads and rich fucks need bodyguards

>> No.29029419

>>29029103
>pay 10$ transaction fee on 1$ product
Realistically. You'll be using L2 like lightning for small purchases and they'll only see your balance there which will be small for daily purchases.

>> No.29029900

hope you bought that lil dip

>> No.29030205

what do you think the top will be this bull run?

>> No.29030280

>>29028921
Not true in every country.

>> No.29030317

>>29030205
If XMR follows the same path as BTC then it will need to reach $8000 this bull run (20x previous ATH)

>> No.29030390

>>29030280
can confirm
you could get up to two years for possessing a joint here
recently you can get mental health counseling because apparently weed means you're a junkie jfc
still a lot of people smoke hash on the regular

>> No.29030885

>>29018390
That's me. But there are legitimate coins you can't fud. Because only retards don't get them. Monero being one of them.

>> No.29030899

>>29030390
Same here. I mean I'm against degeneracy but posession of drugs should only cost you money if you get caught. Like 10x street value of whatever you have. It would make much more sense to bleed actual addicts of their money instead of using tax money to feed them in prison.

>> No.29030988

>>29030899
based
hash is grown locally by farmers in the mountains its literally their only source of income
they even make oils and shit like that

>> No.29031402

>>29023492
Yesterday smashed 20->18 top 10 soon

>> No.29031440

>>29030988
checked
lebanon werent you the guy who got his first xmr from some poltard? i swear i remember a thread

>> No.29031749

>>29031440
it was on /biz I dont know if he was a poltard
but yes it was
god bless XMR chads
I will pay it forward because we're all gonna make it brothers

>> No.29031916

>>29031749
based we all gmi

>> No.29032433
File: 139 KB, 747x788, 45349734945907.png [View same] [iqdb] [saucenao] [google]
29032433

Friendly reminder that Monero is poised to become the reserve cryptocurrency of the global shadow economy and is currently replacing BTC on the darknet while also making inroads into the cyber-crime and money laundering sectors.

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

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

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

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

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

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

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

>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/

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

Considering that the global shadow economy is valued in the TRILLIONS of dollars, even if just a portion of that ends up in Monero's market cap that is still HUNDREDS of billions of dollars. 5 figure XMR is inevitable.

>> No.29032930

>>29032433
Look I know you're just excited but this shit makes XMR seem to be shilled to new people. Keep the threads mostly about technology. Or only share it once in a while. I've seen that specific post posted in every thread for at least the last week already.

>> No.29033052
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29033052

If there's ever a Monero citadel, this might be a good location

>https://en.wikipedia.org/wiki/Monegros_Desert

>> No.29033068

Stop fucking pumping, I don't have enough yet. Shitty shitcoin should drop to 50 for another year.

>> No.29033852

>>29020079
ty for your service

>> No.29033910
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29033910

i can only afford 10 XMRs, AIGMI?

>> No.29033966

>>29033910
Give it 6 months before 4chan starts accusing you of larping.

>> No.29034093

>>29033052
hehe i live near there AMA

>> No.29034122

>>29018294

as a poorfag I do arbitrage trading between shitexchanges. xmr is my no. 1 shitcoin to transfer value between shitexchanges. low withhdrawal fees and low transaction fees.

xlm and co. aren't on shitexchanges.

>> No.29034978

>>29034093
Hola, it looks very rural. Is it a decent place to live?

>> No.29036231
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29036231

>>29027709

what is charmander ?