[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   

File: 2.04 MB, 1750x3353, C003CBD0-9F6E-44F1-95F5-DB4F7EB3F675.png [View same] [iqdb] [saucenao] [google]
29154190 No.29154190 [Reply] [Original]

Previous thread >>29118238

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.

XMR Redpill: https://youtu.be/aC9Uu5BUxII

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



>Non KYC:
Local Monero
Crypto ATMs
see: kycnot.me



Gui/Cli (recommended)

IOS: Cakewallet
Android: Monerujo

>> No.29154273

This is the only coin I’ll buy, the rest are shitcoins or too expensive

>> No.29154301

>no Dr Kim videos in XMR pasta
check yourself faggot op

>> No.29154346
File: 224 KB, 657x631, 334866FF-E74A-4612-BC42-637048AE4561.jpg [View same] [iqdb] [saucenao] [google]

>> No.29154360

Based chad

>> No.29154398


>> No.29154404

common sense

>> No.29154470

This seems like the most stable steady gaining coin out there. Is that why you never hear anything about it?

Been throwing my money into GRT/BNB/RVN. Should I swap any out for monero?

>> No.29154525
File: 24 KB, 409x409, e1a3791e9be96ee893175676800e13f7.jpg [View same] [iqdb] [saucenao] [google]

You are not only based but also correct.

>> No.29154526
File: 10 KB, 259x194, 3616F5CE-0D8D-4271-B609-FEAF722F8A69.jpg [View same] [iqdb] [saucenao] [google]


>> No.29154552
File: 631 KB, 900x1258, John-F-Kennedy-Ted-Spiegel.jpg [View same] [iqdb] [saucenao] [google]

1 XMR per month until 2022 where 90% of all XMR will be mined so help me God.

>> No.29154566
File: 74 KB, 1280x720, 404.png [View same] [iqdb] [saucenao] [google]

All in on XMR.

>> No.29154787

XMR can be traced. Not always but about 1/3 of the time it's straightforward. I work for a three letter agency, you've been warned.

>> No.29154851
File: 288 KB, 1024x286, xmr-is-untraceable.png [View same] [iqdb] [saucenao] [google]

>XMR can be traced. Not always but about 1/3 of the time it's straightforward. I work for a three letter agency, you've been warned.

>> No.29154904


>> No.29154929

>I work for a three letter agency
Fake and gay. They'd probably rape your children for admitting this.

>> No.29154936

after it leaves my first gui you wallet you've got nothing. come back with a warrant next time, faggot.

>> No.29154952

ah yes the good old artificial fud from an xmr maxi

>> No.29155097

Never gets old.
Do you have a list of all these fuds by now or do you make them on the spot?

>> No.29155134
File: 18 KB, 225x225, whatthefuckwasthat.jpg [View same] [iqdb] [saucenao] [google]


>> No.29155164

>I work for a 3 letter agency

>> No.29155341

$300+ EOW

>> No.29155437
File: 116 KB, 598x400, xmrjack.png [View same] [iqdb] [saucenao] [google]

Every time I say the Monero word this guy shows up and throws me in white va

>> No.29155574
File: 11 KB, 229x220, 503F24EC-D23D-4EF1-840D-1DC38371503E.jpg [View same] [iqdb] [saucenao] [google]

corrrr nearly at £200

>> No.29155601


>> No.29155635
File: 91 KB, 954x954, 1611636436646.jpg [View same] [iqdb] [saucenao] [google]

i'm too green to figure out how to compile xmrig without the dev donation

>> No.29155711

i pray to god that XMR is how i will make it in the next 5-10 years, it feels like right and i have slowly bought since 2017 although i am quite poor

i am thinking of making a kraken API script to buy automatically every month so i can just leave it running and not let emotions fuck it up

>> No.29155721

you haven’t seen anything yet mate

>> No.29156228

whats the prediction?

>> No.29156254

>Bitcoin pumps
>Monero doesn't dump
based coin

>> No.29156406
File: 21 KB, 214x250, 1578257955196.jpg [View same] [iqdb] [saucenao] [google]


>> No.29156695

300 today.

>> No.29156794
File: 40 KB, 396x377, P1MOYiyI9_WySoWaB6oo5U9h3Rn5qbFhSjjcnEq4m1eYvGyMWr8XcIGKMdWFdFoXGSHK8zyaClgoj3kpHugedR26iQSNVCknm4cSqAA4xNijnA5HDBCDivvUWYWNcmTJAGscpYSZMTYyIcrDKhBNBiYQK_ac7w5-wrc.jpg [View same] [iqdb] [saucenao] [google]

>whats the prediction?

>> No.29156873
File: 218 KB, 595x850, moon mission.jpg [View same] [iqdb] [saucenao] [google]


>> No.29156971


>> No.29156972


>> No.29156982

Literally everyone of us wants to buy more.

>> No.29157054

1k by summer
5k by years end
10k next summer.

>> No.29157109

The prediction is that this is a irrational bull market and you can't accurately predict prices in a concrete way. Does that matter for Monero? No because it's the only coin that is actually used as money on the dark web.

>> No.29157154

biz is the only place that talks about it.

>> No.29157162

nice fud

>> No.29157285
File: 1.41 MB, 1308x744, Screen Shot 2021-02-19 at 3.05.43 PM.png [View same] [iqdb] [saucenao] [google]

Base linux chad luke smith is one of us.


>> No.29157360


>> No.29157368
File: 99 KB, 769x1285, .jpg [View same] [iqdb] [saucenao] [google]


>> No.29157407
File: 59 KB, 1024x998, 1585239994103.jpg [View same] [iqdb] [saucenao] [google]

Monero is currently the only crypto I own. Just wonder what others, aside from BTC toy guys see potential it.

Asking here because Monerochads are the only posters with above room te.pature IQ.

>> No.29157433
File: 54 KB, 600x499, DQme7GQS78xdXz3ea4JDPfkfcK8fze2eg6GZj4ZR2L2w8Xf.png [View same] [iqdb] [saucenao] [google]

>1k by summer
>5k by years end
>10k next summer.

I'll dance the jig naked if that happens.

>> No.29157473

With all the darknet adoption and people realising this coins potential I will be shocked if it’s under 10k in a few years time.

>> No.29157630
File: 148 KB, 498x421, 688C544D-F3D2-4F10-904E-64C1362E39B0.png [View same] [iqdb] [saucenao] [google]

I only hold this and PRQ

>> No.29157782
File: 1.06 MB, 1780x1106, 1c72caf750d6.png [View same] [iqdb] [saucenao] [google]

when are we breaking ath?

>> No.29157787

other coins are just schemes to accumulate more monero

>> No.29157853

The majority of my net worth is XMR, but I turned 4k into 16k this week on the binance smart chain. Also holding BTC, Eth, LINK and Bancor

>> No.29157874

I’m 100% monero until 0.02 btc

>> No.29157883
File: 107 KB, 1159x644, 89238942.png [View same] [iqdb] [saucenao] [google]

>With all the darknet adoption

Darknet is small potatoes compared to the tax evasion and money laundering sectors, that is where the BIG money is.

>> No.29158151

It's only a matter of time before the entire linux community decides to hold some out of ideological reasoning.

>> No.29158230

Agreed, the DNM adoption is the only real world experience I have, in fact it’s what got me into crypto.
Bitcoin is nearly completely phased out now, especially after darkmarket was busted.
It’s also nice to see that many DNM users are putting 2+2 together and putting a little monero aside “in case this is the next bitcoin”. With all the recent pumps I expect most vendors are holding off converting to fiat as well.

>> No.29158572

Yep I got into bitcoin due to silk road back in the day so I can clearly see the parallel. In my eyes the coin that conquers the dark web is destined to conquer crypto commerce in general.

>> No.29158592
File: 118 KB, 404x404, confused doragon.png [View same] [iqdb] [saucenao] [google]

How does this coin work? I understand the chainlink which works because it is visible to everyone, so we all know who owns what funds. However if there is no public chainlink then what stops users to simply copy paste their coins and sell them to multiple people?

>> No.29158775


>> No.29158944

Basically without getting too technical it does some mathematics and you can check if the content is correct and not falsified with mathematics without seeing what is actually inside. Read "zero to monero" to see the actual mathematics involved.

So yeah everything is completely closed and private while still being tamper proof.

>> No.29159078
File: 23 KB, 640x428, ringscheme.jpg [View same] [iqdb] [saucenao] [google]

Literally PHD level cryptography. Check out ring scheme signatures.

>> No.29159128

Transactions are broadcast through proof of work, a specific amount of computational work had been done. Which is then verified.

>> No.29159131

Have a binance US & coinbase. How do I buy monero? Send BTC to kraken, convert it there and hold it there until im ready to convert and send it back?

Kraken is retarded and can only deposit/withdraw using wire so I don't want to use that for any other reason.

>> No.29159329

Is it a good idea to exchange other cryptos for monero in changelly?

>> No.29159377

Best way to promote Monero to the types that perform tax evasion and money laundering is for the price to pump, nobody cares about a privacy coin if it doesn't attract greedy types

>> No.29159556

localmonero, cakewallet and kraken in order of privacy.

>> No.29159624

This process is kind of a pain but you can buy Litecoin in Coinbase (use debit card for instant sending, otherwise it takes a few days to be about to send it)

Then download the cake Monero wallet and convert the LTC to Monero, send that to your UI wallet on your PC

>> No.29159642

I've been buying monero straight from my friends who are finally selling their 2018 bull run bags to me. For them its good because they can get rid of their bags, for me, it's good because I can get XMR privately. They have all their money on exchanges anyways so they can turn it into monero and withdraw

>> No.29159650

I checked out /r/cryptocurrency recently (yeah I know). And people were saying stupid things like “Bitcoin in fungible” and “be careful, monero has unlimited supply” (without understanding tail emissions). No one was calling them out on any of this. How many more months / years until Reddit crypto normies start to catch on?

>> No.29159729

the fact that reddit normalfags aren't aware of monero means its still a good buy

>> No.29159745

they never will. They will legitimately get priced out by organic adoption and ina few years say, "it's too expensive"

>> No.29159781

like 15 years
actual clever people are already in
retards will get in when line go up
midwits won't get shit, as usual

>> No.29159783

Community at large'll probably realize during the next bear market, crypto is flooded with retards rn

>> No.29159814

I remember when eth generals had these types of posts and everyone laughed. Good times

>> No.29159884
File: 296 KB, 1079x719, 1613035585584.jpg [View same] [iqdb] [saucenao] [google]

>Best way to promote Monero to the types that perform tax evasion and money laundering is for the price to pump, nobody cares about a privacy coin if it doesn't attract greedy types

Monero works the same whether it's $1 or $10K, just ask the darknet crowd.

Thus, Monero promotes itself by being the best and only viable privacy coin around, those that need it will use it regardless of price, its just an added benefit that increasing demand will gradually drive the price up.

>> No.29159886

Really? Monero has actually a very strong community on Reddit.
That said, that sub is fucking cancer. It’s full of moonboys and pajeets shilling nano and smart contract shit.

>> No.29159917

It's a cult, some Will never understand
Just like GME bagholders

>> No.29159995
File: 338 KB, 670x600, 50E77D5B-E7C4-45BB-AE78-8F3399C3F062.png [View same] [iqdb] [saucenao] [google]


>> No.29160009

CakeWallet just uses MorphToken as far as I know
xChange.me provides the same service with more anon features, but fees are higher

>> No.29160153
File: 590 KB, 1024x768, scarlet nervous.jpg [View same] [iqdb] [saucenao] [google]

The thing is 154 god damn pages long. Fucks sake, here I was hoping for a single paragraph summary.

>> No.29160165
File: 771 KB, 1200x630, FB_DIRTY-BITCOINS_20.png [View same] [iqdb] [saucenao] [google]

>And people were saying stupid things like “Bitcoin in fungible”

>Bitcoin is fungible
>Make sure to use CoinJoin!

>> No.29160230

when normans start getting tax letters

>> No.29160243

Hypothetically, if someone lived in a place where altcoins were restricted and bought a few hundred bucks of BTC thru a well known KYC vendor, then sent that with VPN to an electrum wallet, then sent that to an exodus wallet which had previously been opened without a VPN, but turned the VPN on to swap some BTC for certain alts before eventually swapping for monero and sending it off to a monero wallet - what would that imaginary retards hypothetical tax liability be?

>> No.29160284

>Bitcoin in fungible
Yeah that's clearly false
>be careful, monero has unlimited supply
technically true but they still don't understand.

>> No.29160307

>want the techincal details
>is a lazy retard that can't be bothered
oh wow I'm surprised

>> No.29160322

>cant read a book


>> No.29160359

The monero sub is great, but not a lot of people in crypto are on it. So just looking at the larger subs to gauge general sentiment / thinking.

>> No.29160422

10 years maybe, i have software dev friends who still don't own ANY crypto, not even btc, nothing

when i talk to my friends, i always realize how early it still is even if it feels retarded

>> No.29160436
File: 128 KB, 850x783, pout.jpg [View same] [iqdb] [saucenao] [google]

I didn't say I won't read it you fucks. I wanted a technical explanation. I am just surprised how much there is to it.

>> No.29160487

I actually read it. Took me an entire evening but made me extremely proficient in the inner workings and it convinced me of its long-term future.

>> No.29160622

it's alright man I'm just filtering normies at this point
enjoy I guess

>> No.29160631
File: 1.11 MB, 1427x2300, monerochan.png [View same] [iqdb] [saucenao] [google]

threadly reminder that this is the perfect xmr-chan

>> No.29160781


Damn you really reminded me how bad my attention span is. Try month for me.

>> No.29160905

The zero to monero paper is very difficult to follow even with a strong maths/cs background. I would recommend watching some videos they made instead if this is your first encounter

>> No.29160920

monero is COMPLETELY untraceable so the answer is 0 tax liability if you don't want to pay.

>> No.29161248

It's reasonably understandable with a firm CS background.

>> No.29161302

Speaking of taxes(US). Don’t you also need to technically disclose your holdings even if you don’t cash out? I got the Coinbase IRS letter last year

>> No.29161423

No. Only if you realize any gains ("cash out")

>> No.29161570

>Don’t you also need to technically disclose your holdings even if you don’t cash out?
Yes, no way for goverment to ever verify how much (or any) monero you have though. So it's voluntary.

>> No.29161576

I have a CS and math background but I quite literally have forgot most of my math after being out of school for so long. Going to try and read it still but doesn’t mean I’ll understand all the equations and shit.

>> No.29161648

new monero talk about atomic swaps.

>> No.29161767


Never go all in unless you're prepared to lose everything.

I split my crypto purchases between ETH, BTC, and XMR equally.

>> No.29161797

do you disclose your mtg card collection value to IRS? your used care sale? you pokemans ? baseball cards?

>> No.29161854

it's almost as if this is the primary reason anyone should get monero

>> No.29161906
File: 383 KB, 500x477, 327622.png [View same] [iqdb] [saucenao] [google]

>new monero talk about atomic swaps.

cheers, been waiting for this!

>> No.29161912

100% xmr. too scared of btc and eth sucks.

>> No.29161952

I bought in at $145 fuuuuck why didn’t i buy more. i believe in the tech and want more but it feels bad buying at the peak.

>> No.29161972
File: 26 KB, 400x400, uhu2.jpg [View same] [iqdb] [saucenao] [google]

>ethereum aka mining onramp for monero

shiggydiggy my dude

>> No.29161980

It's mostly linear algebra but even if it flows over your head you can treat the equations themselves as black boxes and read the rest of the book that way.

>> No.29162002
File: 193 KB, 914x1200, ethereum.jpg [View same] [iqdb] [saucenao] [google]


>> No.29162117


What if I traded another crypto for it. Is that still the case? Would they be able to track it via the other?

>> No.29162207

did you do it on a KYC exchange? If yes, it's a taxable event.

>> No.29162247

top will be support soon.

>> No.29162302

Well, that's what it takes to have a privacy coin that works without issues. You are going to have more high level mathematics and advance computing concepts to underpin the privacy features and how it works compared to base Bitcoin. Otherwise, just find some random beginner's guide to introduce the currency to you.

>> No.29162317

I agree with this message.
The peak was in late 2017. it's far below ath
Don't do it with KYC

>> No.29162529

Some distros are starting to pervade Monero packages. Arch even has the GUI wallet in the repo.

>> No.29162647

What the fuck just happened with Wownero?


>> No.29162768

Also what the fuck is happening with the fucking shorts
Why are people still shorting the fuck out of XMR, what are they doing?

>> No.29162771

>Volume 24h $65,149
A proper pumpndump

>> No.29162846

I dont see much of a dump

Fuck me where was that coordinated

>> No.29162849
File: 49 KB, 512x512, 48C341B6-AA70-4F87-A0A1-17ACCC1AA200.jpg [View same] [iqdb] [saucenao] [google]



>> No.29162975

I know, That peak was a bubble though. Anything and everything was pumping.

yeah.. i’ve been telling myself i’ll buy the dip when it was at $200 lol

>> No.29163035

People think a dump is most likely after a sharp rise. Thus they are betting their shorts on it. They might lose out big time.

>> No.29163092
File: 53 KB, 804x804, greenwojack.jpg [View same] [iqdb] [saucenao] [google]



>> No.29163250
File: 2.09 MB, 1188x1078, Stack.png [View same] [iqdb] [saucenao] [google]

Bros... we're making it.

>> No.29163298
File: 858 KB, 601x800, 1613495341801.png [View same] [iqdb] [saucenao] [google]

Got my <unknown amount> poorfag bag. Hesitating on keeping them long term or cashing out at the top of this bullrun, since I think xmr will be still highly coupled to btc.

>> No.29163327

XMR not crabbing for once.
Still mad I sold BNB for this last month.

>> No.29163391

You don't know that. Bear market coyld see this go below $200. In fact I'm betting on it.

>not that I won't be averaging in the whole time.

>> No.29163437

im really sad doge is higher. fking doge.

>> No.29163465

Do what you want however Monero is a long-term hold. Best strategy is to hold for a decade.

>> No.29163519

i wish it would dump sub 100 so i can literlly throw my soul at it. the further down the better.

>> No.29163603

I haven’t bothered but I actually cashed out a little bit this year so I’ll need to report that to not get fucked because I did it on Coinbase

I actually got a 4.0 in that class but I’m just good at getting high grades, then all the material drains from my brain, lol

>> No.29163629

this. dont want to be holding shitcoin bags when XMR moones without you

>> No.29163708
File: 300 KB, 1280x933, 1613333277803.jpg [View same] [iqdb] [saucenao] [google]

Pleasantly surprised to see XMR hit £200 this fine Friday evening. God bless, fellow Monero holders.

>> No.29163740

I really like this. Gives me hope as a R5 3600 miner that I can still make it. Buying very small amounts on dips and in bear markets to supplement, but hoping that mining can provide me with a decent stack by 2030.

>> No.29163772

if your cashing you through a kyc exchange, you have no choice but to get ahead of it. death and taxes. if your just hodling, fk reporting anything.

>> No.29163831

This is very true but you just can't predict it. It's possible it will moon to $500 next month and then bear season starts and it crashes to $100. It could also moon to $2000 and then crash down to $500 during bear season.

We don't know. It's a irrational market.

>> No.29163910

any scenario is delicious.

>> No.29163967
File: 53 KB, 675x1200, 1582072303176.jpg [View same] [iqdb] [saucenao] [google]

If fucking only. I've never been so long-term bullish on a coin. It hurts that I was sleeping on it for so long.

>> No.29164007

What if someone hypothetically buys the BTC on a KYC exchange and moves it to an electrum wallet, then to exodus to do all the swaps with a VPN to work around a geoblock, and finally out to a monero wallet?

>> No.29164036
File: 2.19 MB, 388x218, 1613591138979.gif [View same] [iqdb] [saucenao] [google]

Just watched the new MoneroTalk, COMIT is just "months" away from launching Atomic Swaps 1.0, it'll be a bare-bones affair at first but will be gradually expanded into a fully-functional service.

Strap in, boyos, shit is about to get real interesting.

>> No.29164156

obvious larp since you're implying they even need to trace txs on the blockchain when they have hardware/firmware/software backdoors on nearly every machine

>> No.29164253

agreed. i cannot look at the old charts, and its time line. just think of the worthless crap i was doing and wanna kms. gotta be focused and positive. any dip is a gift, any top under ath is also a gift.

>> No.29164321

maybe this explains the recent growth.

>> No.29164435

bitcoin moving out to a wallet that has been determined to be a wallet which handles exchanges to other coins will get dinked. with bitcoin, you're fucked

>> No.29164574
File: 2 KB, 125x79, PEPE.jpg [View same] [iqdb] [saucenao] [google]

I didn't accumulate enough

>> No.29164643

ramp it up.

>> No.29164744
File: 9 KB, 225x225, triplemasksaveslives.jpg [View same] [iqdb] [saucenao] [google]

Even with the non-exchange wallet in the middle and sending it off to monero wallet from the exchange wallet? Hypothetically.

>> No.29164815

yeah man, it's public. This is why you should have bought monero

>> No.29164881

Ask yourself if you really need new clothes or expensive food between now and swaps. Great Depression this shit, I believe in you.

>> No.29164975
File: 3 KB, 234x78, altsdotsupply.png [View same] [iqdb] [saucenao] [google]

feeling bretty good about pic related bros.
>threadly reminder that 18.7 monero is the same network share equivalent as 21 bitcoins until the year 2040
>threadly reminder that global financial regulatory trends coupled with us monetary policy longterm will only increase the demand for monero's usecase
stay free, bros.

>> No.29165018
File: 284 KB, 947x633, 0786a7f15854d2e6b536c43cc917e93b2369bea1.jpg [View same] [iqdb] [saucenao] [google]

XMR and BTC.

I bought BTC only because I predicted Zoomers and Boomers would ape into crypto without doing research.

>> No.29165035

I'm just waiting on Tari mainnet to launch so I can get in early on mining it.

>> No.29165245

Still time. Thinking of going all in. Got an undisclosed amount already but I primarily held ETH and that's a bitch.

>> No.29165256

I hold Bitcoin, Monero, Ethereum, Bancor and the Graph. In that order.

>> No.29165731

the majority of the old heads deleted their plebbit accounts ages ago, I wouldn't be too concerned about what all the noobs think

>> No.29165773
File: 32 KB, 180x170, 1610731878820.png [View same] [iqdb] [saucenao] [google]

>XMR is priced @ $113 on crypto.com
Umm guys...

>> No.29165795

I guess hypothetically you could make it all bitcoin again and send it back to KYC wallet and hopefully just have to pay normal gains taxes on the change in value of the bitcoin. It's <1k so hypothetical ass may retain some elasticity assuming no need transfer funds into prison wallet.

>> No.29165874

link right now I'll arbitrage the shit out of it

>> No.29165892
File: 1.28 MB, 2592x1936, f1140265888.jpg [View same] [iqdb] [saucenao] [google]

I've wasted more years and more potential and accumulated less than all of you, all while knowing exactly what I should be doing. No, it wasn't good, but we're ALL going to make it going forward.

>> No.29166026
File: 102 KB, 730x1080, 1516070873851.jpg [View same] [iqdb] [saucenao] [google]

Fuck it, I threw my £104 in. It's all I can spare. Maybe I can increase it over time, but I'm going to be lacking funds soon.
Going to be a tough next year.

>> No.29166083

seriously, how old are you guys? how are you this poor?

>> No.29166088
File: 166 KB, 1280x640, D4345E8C-92A1-4B1C-8617-A842F81798B0.jpg [View same] [iqdb] [saucenao] [google]

All you need is XMR and BTC this cycle, maybe squirrel away a few % in ETH waiting for sharding but don’t hold your breath. I’m all in XMR right now hoping to buy back some BTC with 10% of my stack when it peaks in sats.

>> No.29166115
File: 194 KB, 1080x2160, Screenshot_2021-02-19-16-50-40.png [View same] [iqdb] [saucenao] [google]

Not making this shit up. It's down 57% on that site.

>> No.29166155

I'm 18. Had a job, lost it with Covid. In University right now studying.

>> No.29166194

Just mine at that point.

>> No.29166255

XMR chads don’t judge based off of financial status, only cucks who buy into classist 1%er lies designed to keep people separated, weak and dumb do that. How about you educate yourself you fucking mong.

>> No.29166270

its kinda mazing we somehow managed to get a second chance. i mean, what are the odds of this timeline?

>> No.29166279

centralized chink scam. buy bnb instead.

>> No.29166338
File: 126 KB, 991x695, making it.jpg [View same] [iqdb] [saucenao] [google]

probs a bug

>> No.29166340
File: 380 KB, 2082x1226, 1611035057281.jpg [View same] [iqdb] [saucenao] [google]

>I didn't accumulate enough

Don't worry, the atomic swaps market will take a while to build liquidity and awareness, you should still have a year or so to accumulate.

>> No.29166352

looks like it's glitched for you anon

>> No.29166425

Try buying some and moving to your wallet lol

>> No.29166547
File: 77 KB, 1280x720, 8236589471.png [View same] [iqdb] [saucenao] [google]

>its kinda mazing we somehow managed to get a second chance. i mean, what are the odds of this timeline?

>> No.29166629

Probably. Still weird that I can buy any crypto EXCEPT it.

It won't let me :(((

>> No.29167421
File: 104 KB, 534x680, 93E979D7-F822-44B6-BFFC-842FACEA46FC.jpg [View same] [iqdb] [saucenao] [google]

A reminder

>> No.29167473

What the fuck is up with XMR bears though. Every fucking 10 dollars this coin bumps in some weird ass resistance caused by bears. Shorts are still at 31000. Fucking pricks.

You bet your ass there will be like multiple breakthrough attempts for 300 aswell.

>> No.29167757

2017 bagholders looking to get out without knowing about monero on a technical level.

>> No.29167770
File: 643 KB, 3035x2871, monerochan with btcchan.jpg [View same] [iqdb] [saucenao] [google]

People are paying over 55K for honeypotcoin. kek

>> No.29167784

I have no idea. XMR sure is special in a few aspects. Not being listed on major exchanges, the IRS has a bounty out for it, no mention of it in the Cyphertrace paper, tons of price suppression. It can only mean one thing: XMR is the real deal.

>> No.29167971
File: 22 KB, 500x607, 16113313131.jpg [View same] [iqdb] [saucenao] [google]

it's an investment

>> No.29168006

link to the cyphertrace paper?

>> No.29168053

I could do that, I don't think my uni charges extra for electricity. I'll see when I go back.

>> No.29168113

I think he met the chainanalysis dark net report that was just released. It's like 100+ pages and they don't mention monero or whm a single time.

>> No.29168207


>> No.29168728

Interesting, thanks anon.

>> No.29168823

Obviously cause they don't know anything about it. The patent they submitted was for transactions before 2017 without ringCT most likely.

>> No.29168831

god i wish i were btc-chan

>> No.29168950

Oh they know. They fear it more than anything. It's in the best interest not to mention it because the day they mention it or admit defeat, is the day they go bust.

>> No.29169332
File: 147 KB, 689x1280, monerowaifu16.jpg [View same] [iqdb] [saucenao] [google]

this anon gets it.
the last thing they want to do is give Monero clout. they are terrified.

>> No.29169495

Is that candleja

>> No.29169911

The only realistic long term problem is most likely Quantum computing taking off exposing the XMR blockchain. But that is yearsborbeven decades off and by then we will have a new quantum resistant algo.

Then ChainAnalysis can submit another patent 3 years later they "cracked" XMR kek

>> No.29170010
File: 188 KB, 840x838, nuuuuu.jpg [View same] [iqdb] [saucenao] [google]

i sold at $240 after this thing crabbed at $150 for weeks FUCKKKKKKKKKKKKKKKKKKKKKKKKK
i want back in

>> No.29170083

probably just transaction graphs with poisoned outputs

>> No.29170264
File: 13 KB, 476x254, Eun1ApPXUAUr72s.png [View same] [iqdb] [saucenao] [google]

Monero transaction volumes are absolutely insane right now. Fees still only one cent.

>> No.29170286

the monero research community already identified a couple possible quantum resistant algorithms. They decided to not implement it yet because quantum computing isn't a short-term risks and there are some downsides associated with the quantum resistant algorithms like higher transaction fees and transaction times.

>> No.29170497

Bulletproof+ will lower the fees tenfold again as well later in 2021. So fees will stay low which encourages commerial usage.

>> No.29170752
File: 102 KB, 720x1280, IMG_20210219_082953_060.jpg [View same] [iqdb] [saucenao] [google]


>> No.29170783


>> No.29170996

Order got cancelled, now im not spending lol.

>> No.29171218
File: 43 KB, 633x505, 1596312551203.jpg [View same] [iqdb] [saucenao] [google]

Most shitcoins in my poorfolio are just for gambling. The only ones i hodl because i trust the concept beside XMR is Theta, wich has brought consistent gains the last months.

>> No.29171791
File: 46 KB, 480x473, 167743.jpg [View same] [iqdb] [saucenao] [google]

Playing a bit with (semi-)shitcoins is fun. My own gamble is IOTA, but I'm comfy 80% into XMR. Good luck anon!

>> No.29172120

is >50 enougth to make it?

>> No.29172277

yes. see photo.

>> No.29172341

>The forecast is that if Monero manages to become the #1 privacy coin in 10 years it'll have a valuation around ~$40,000

>> No.29172472
File: 22 KB, 686x703, firefox_oliLXrMuWT.png [View same] [iqdb] [saucenao] [google]

My heart wants to just go all in on Monero but my stupid brain is forcing me to diversify.

Slowly selling my nano since that ballooned to a way higher % of my folio than I want.

Debating whether to keep the profits in USD (in case of a dip/crash), low mcap gambles, or just more XMR.

>> No.29172779

sell the top left and buy GRT anon

>> No.29172841

>Debating whether to keep the profits in USD (in case of a dip/crash)
Always have some fiat ready
>low mcap gambles
Statistically a losing game
>just more XMR.
Diversification is good and you can re-invest back the gains into XMR as your retirement fund.

>> No.29173385


I'll research it, I don't like buying things I don't fully understand. I'm lukewarm on ETH and its tokens, concerned someone else is going to eat their lunch before they get 2.0 out.


Good advice. If things were to crash tomorrow I wouldn't have much fiat to buy the dip. Didn't think of it that way.

>> No.29173467

I don't get it, why are people saying atomic swaps are a game changer for monero? What is the difference from the user's perspective from using bisq or cakewallet?

>> No.29173516

Now this may be a fucking retarded question but since XMR is delisted in my country I need to be sure before I potentially throw money into the void.
If I buy LTC in an exchange, I can withdraw my LTC from that exchange directly to the address they give me in Changenow, and enter my XMR wallet address in Changenow so that I swap my LTC directly to XMR, right? There's no need for me to first withdraw the LTC to another wallet, in other words.
I just want to confirm that there's nothing I'm missing with the process just before I throw my LTC into changenow to convert it.

>> No.29173549

>Debating whether to keep the profits in USD
Depends on timeline. Dry powder should always be ready to go for buying opportunities. Longer term profit securing vehicles I use are silver (digital or physical) and SPAC equities trading below NAV. Those get liquidated in larger chunks for BIG dips.

>> No.29173561

kinda depends on the size of your crypto portfolio. under 7 figures I would allocate all to just 1-2 high conviction coins

>> No.29173658

Yes, just follow the instructions on changenow and you will be fine, that’s what changenow is for. If you’re worried, just send a small tester amount that’s just above the minimum send amount to be certain.


>> No.29173793
File: 243 KB, 600x600, 00811A23-DC67-4393-B993-D424472D6C9A.png [View same] [iqdb] [saucenao] [google]


>> No.29173959

i am pretty poor, i have only like 50k in crypto split between btc, eth and xmr. XMR is the one that i have highest confidence in and i think it's the best out of all

it makes me kind of happy when people FUD XMR, tells that poor people like me have time to slowly buy more

i just buy and hold, don't like trying to time or go in rugpull gambling

>> No.29174134

you're not poor bro
t. net worth under 5k

>> No.29174252
File: 133 KB, 512x512, DyUB6yD.png [View same] [iqdb] [saucenao] [google]

Can you guys stop pumping the price please, I need to convert more sats and shitcoin gains

>> No.29174284

We going parabolic and I'm kinda upset about it desu senpai

>> No.29174288

because when atomic swaps are implemented all goberments can fuck off with they ban

>> No.29174508
File: 496 KB, 902x1103, ED207AD3-C576-481E-B821-520236B8919E.jpg [View same] [iqdb] [saucenao] [google]


>> No.29174597

>because when atomic swaps are implemented all goberments can fuck off with they ban

Right, I get that but what do atomic swaps do that dexes can't? I'm not saying you're wrong but it seems like an anonymous dex already defeats the glowie.

>> No.29174817

stop poomping
i need to accumulate

>> No.29174856

i read about people here in 7 figures, maybe some are larpers but it always hurts

>> No.29175052

Monero already is the #1 privacy coin. The battle is trying to make anyone give a shit

>> No.29175165
File: 184 KB, 665x662, 1613695506614.jpg [View same] [iqdb] [saucenao] [google]

Stop fucking pumping you fucking faggots I'm still accumulating

>> No.29175177

>breaks $280

>> No.29175204

You need to have the shoeshine boys and institutions realize that BTC isn't a protection against anything.

>> No.29175273

cool thanks man, the ban on it is pretty new to me so just needed to check that with someone
just means short term buying opportunity
long term we're gonna be in a great position

>> No.29175486

A lot of people are still hodling from 2018. Because XMR actually has fundamentals, they're waiting to break even rather than cutting their losses. If the price gets up to the 400s again they may not even sell

>> No.29175604

Thats true, guess you can use the atomic swaps like an automatic anonymization technique for btc

>> No.29175726

Imagine selling a currency masterpiece in regards to its private, fungible, decentralized, and disinflationary nature, for inflationary fiat currency that the gubment could delete with a few swift mouse clicks.

>> No.29175779

I want to touch Monero's unknown cup size.

>> No.29175948

What are some serious market cap prognosis?
With about $4 billion there seems to be a lot of potential
It would be interesting to see how much money went over BTC mixers in the past

>> No.29176339

Idk. I want to think that atomic swaps will seriously bump the BTC ratio up. But I don't trust that BTC morons will want to do that.

>> No.29176411
File: 84 KB, 612x612, 1612643263676.jpg [View same] [iqdb] [saucenao] [google]

An atomic swap allows two parties to swap tokens on different chains without an intermediary. When you use a dex, the dex acts an intermediary.

>> No.29176900

All people care about is "is it pumping"

>> No.29176920

Swingers rope nao

>> No.29176977

Nobody can prove that you haven't already

>> No.29177060
File: 484 KB, 1082x695, 1593908262443.png [View same] [iqdb] [saucenao] [google]

I don't think this will ever happen unless monero literally becomes #2 or #3 on market cap. Monero has a very strong reddit presence on r/Monero, r/xmrtrader and r/MoneroMining. A couple of very prominent community members are also mods at r/cryptocurrency and they could use their position to shill monero but they don't because they're Chads. I like that, I can accumulate more if scrubs have no idea monero exists.

>> No.29177126

xmr top price for this run?

>> No.29177217
File: 12 KB, 258x245, peepLOL.jpg [View same] [iqdb] [saucenao] [google]


>> No.29177221

an [unknown] amount

>> No.29177262

I'm personally waiting for when terror and sanctioned nations start seriously using btc or xmr to move large amounts of money around.

>> No.29177273

Wont hit 300. Remember XMR is always the last coin to pump before the bull market ends

>> No.29177350

Chinese have been using BTC to get money out of their shithole since forever

>> No.29177396

I got my first full Monero coin.

Do I get a special hat as graduations?

>> No.29177459

You get an unknown amount of hats

>> No.29177484

>not "got my [unknown] full [unknown] [unknown]"

>> No.29177575
File: 65 KB, 690x690, coolHat.jpg [View same] [iqdb] [saucenao] [google]

Here's the hat

>> No.29177630
File: 12 KB, 281x281, xWcl1LVy_400x400.jpg [View same] [iqdb] [saucenao] [google]

Oh anon, you're making me blush

>> No.29177723

I think it'll be years for normies to really wake up to Monero
Right now if you're in on Monero, you either know your cryptocurrencies properly, you got into it through darknet markets, or you're doing some other illegal shit and swapping your other currencies to Monero to keep your profits safe (some huge amount of scams end up converting profits to Monero apparently).
Normies go into bitcoin because it's a big name, and they never bother to use it so they don't even understand how it works. Only some of them ever understand that Monero is what they think BTC is.
Just an anecdote, in 2016 or 2017 I noticed government tax forms or customs forms (can't remember which) were asking specifically whether you held Monero. They asked about crypto, and specifically gave BTC and XMR as examples, nothing else. This was years back. So this is the real deal and normies are just too retarded to understand BTC let alone XMR.

>> No.29177860
File: 2.11 MB, 1411x1176, 1593750058059.png [View same] [iqdb] [saucenao] [google]

>I split my crypto purchases between ETH, BTC, and XMR equally.
Ethereum has a high chance of not working in the end or people using something, this is very high risk. Deserved allocation: 0%.
Bitcoin is not money and it sucks at being gold because it's not fungible. That being said, Bitcoin IS the new fucking shiny thing that everyone wants. It's almost a question of virtue signaling now. Because of that it has and will always have some value. Deserved allocation: 1-20%.
Monero... well, I don't have to explain. 80-99% allocation is reasonable.

>> No.29178157


NGL, hearing about Eth2.0 makes me wonder if Eth1.0's price will crash into the ground.

I mean it wouldn't be disasterous for me. I only just started and barely have anything into crypto, but still makes me wonder.

>> No.29178227

Here's a where a massive problem arises which I've recently realised: in order for XMR to succeed, you and I are relying on people to be smart, research, and correctly identify monero as the best real world use case coin

Unfortunately, people are fucking stupid. We are unironically better off putting our money into a coin whose logo is just a pair of tits

>> No.29178282

To me it honestly seems like it might turn out to be a sell the news event. Obviously it'll be good to have but I don't think there are any btc whales who are waiting for atomic swaps to buy xmr like some people have been thinking. Also I'm just cynical I guess so disregard everything I say.

>> No.29178335

she is so cute, i need to get this coin.

>> No.29178342

How is that a massive problem?
I buy Monero and spend it no matter what retards think. It's an actual currency, and as long as it works, it makes no difference what reddit thinks of it.

>> No.29178421

The darknet users aren't in Monero for the FOMO rallies. Normies give you those. It was BTC's original use case which has since fallen by the wayside as a fiat in -> more fiat out ponzi.

>> No.29178667
File: 1.35 MB, 1440x2960, 1613159348108.jpg [View same] [iqdb] [saucenao] [google]

The solution is simple: flip shitcoins and convert the profits to xmr

>> No.29178691

And by the way, the phrase
>in order for XMR to succeed
is a bit misguided. It is succeeding, because it's working exactly as intended. It's digital gold, that the government cannot touch, as proved by its real world use in purchases.
There was recently a story about a Ukrainian(?) politician who stored millions in Monero to avoid taxes or something. It works. It already is a success.
I do agree that you're better off putting your money into something like CZ's latest shitcoin if you want fast gains though. Monero is a long haul.

>> No.29178697

/XMR General/ - The only thread that gets mad when their coin pumps.

>> No.29179149

This is why you have a diversified portfolio and treat monero like a retirement fund. It has organic growth through real usage. With or without pump kiddies.

>> No.29179309

Just moved more than $1,000 for 3 cents. Monero is the future.

>> No.29179346

Anonymous dexes already work but they're clunky to use and not the most accessible. I have hope though because back in 2017, Monero went to $400 with only a fraction of the educational resources, wallets and other things it has now. By the next bull run atomic swaps should cover BTCXMR pairs and dexes should cover everything else, i.e. maybe you'll be able to scam someone by making an ETH food token and then cash out into XMR.

>> No.29179365
File: 58 KB, 640x625, 1598824504713.jpg [View same] [iqdb] [saucenao] [google]

Whonix is also shipping Monero GUI and Electrum by default. Nice.jpg.

>kinda depends on the size of your crypto portfolio. under 7 figures I would allocate all to just 1-2 high conviction coins
That's what I've been doing, only BTC and XMR. The rest can go fuck itself as I have no interest in trying to "time the market" and I don't believe I'm good at it.

>you and I are relying on people to be smart, research, and correctly identify monero as the best real world use case coin
I'm not relying on this at all. SOME very smart people will research and identify monero as the best real world use case coin. Then THESE people will start a consulting firm and convince the DUMB millionaires to put their money into Monero. That's what we need :) example Dr. Daniel Kim started his own digital asset consulting firm exactly because he wants to instruct his clients to invest in monero and bitcoin. We don't need everyone to understand how it works the same way my grandmother doesn't understand what is really happening on the background when she "swipes" her phone to send an email.

>> No.29179638

Both the May 2022 tail emmission and atomic swap implementation are going to do fuck all to the price except for maybe sell the news.

There is no rational reasoning for why either would increase valuation. XMR has no chance of being actually banned so atomic swap accomplishes nothing and adds nothing of value except maybe the peace of mind of knowing nothing can stop XMR from a legislative angle even though it was never really a threat.

Tail emmission being reached won't even be a concrete change. It's a gradually lowering block reward that just happens to reach 0.6 in may 2022. So what?

>> No.29179710
File: 1.08 MB, 1920x1080, monero.png [View same] [iqdb] [saucenao] [google]


hell yeah. join the party anon!

>> No.29179983
File: 283 KB, 595x585, tiredai.jpg [View same] [iqdb] [saucenao] [google]

I'm just trying to accumulate more. Fuck

>> No.29180013
File: 132 KB, 770x433, 1604769326534.jpg [View same] [iqdb] [saucenao] [google]

>There is no rational reasoning for why either would increase valuation.
While I tend to agree, someone mentioned a few days ago the possibility that some of the old school bitcoin whales from >2010 are waiting for something like monero atomic swaps to be available to actually exchange the coins. It is true that almost all old wallets are under active surveillance, if not only by the fucking twitter account whale_alert that is monitoring a bunch of blockchains and tweeting to half a million people anytime someone moves a high amount of money. If there really is or are a couple whales waiting for this, it would mean a dump of bitcoin for xmr which will make xmr increase its valuation in btc.

>> No.29180186

hmmm i dont think we even need mainstream use to reach 1T+. Have u read the panama papers? Those people will do almost anything to avoid paying taxes and they are a lot smarter than the average prole.

>> No.29180297

and we have every right to be

>> No.29180351


>> No.29180399

Yeah these tax dodgers basically need a couple of years to see if XMR stands the test of time as being truly anonymous on the dark web and if they see it's truly untrackable they will consider it as a money laundering/tax evasion scheme.

>> No.29180499


>> No.29180538

and then the feds will ban it and it's value will plummet

>> No.29180605

this guy!

>> No.29180630

can't wait

>> No.29180645

how are the feds possibly going to enforce that?

>> No.29180720

>If there really is or are a couple whales waiting for this
I don't think they are. At least not because of atomic swaps. They might be convinced to swap because they realize XMR is more valuable in the long-term. But I highly doubt there are some rich whales out there waiting for a very specific feature on a project most of them are barely familiar with. And if they are familiar with it and believe in it they would have exchanged no matter if atomic swaps is a thing or not.

>> No.29180873

they'll ban exchanges from selling, arrest the developers, take down trade networks like localmonero, eventually attack and take down the whole network.

>> No.29181025

Game theory suggests they won't as every global country would have to come together to ban Monero together. If for example the US bans Monero but Russia doesn't it just means Russia would become Switzerland 2.0 and have a massive transfer of generational wealth from the US to Russia.

Therefor governments aren't going to ban XMR. It's a prisoners dilemma situation.

>> No.29181119
File: 36 KB, 655x527, 1604482504098.jpg [View same] [iqdb] [saucenao] [google]

lmao nice fanfic. half of the core team is anonymous btw faggot.
localmonero is on hong kong I'm not so sure the feds have jurisdiction there I will check my manual.

>> No.29181124
File: 53 KB, 432x504, 1334590850707.jpg [View same] [iqdb] [saucenao] [google]

That has to be mod interference right

>> No.29181261

>they'll ban exchanges from selling
decentralized exchanges and atomic swaps would negate that.
>arrest the developers
The 5 developers of Monero are anonymous under a pseudonym just like Satoshi Nakamoto
>take down trade networks like localmonero
Yeah that one could actually happen
>eventually attack and take down the whole network
A 51% attack can't take down the system. It can only change the consensus mechanism which could be undone by a rollback afterwards. Taking down the network is like taking down torrents. It's peer to peer. The government would have to shut down global internet for that to happen which they won't even be able to do once everyone uses satellite internet in 10-20 years time.

>> No.29181453

So what? Exhanges ARE banned from selling in a few countries already. Didn't stop me.
Just swap it through a different country and you're good.
Also, politicians already hold XMR for tax evasion. Are they going to voluntarily give up one of their best methods of tax evasion?

>> No.29181646

monero chan says i can only orgasm once for each coin i buy/earn. things are getting rough.

>> No.29181821

>5 years from now
>your xmr stack is worth the equivalent of 10M in today’s dollars
How do you about cashing out some of it? I would keep most of it and use it to buy things but at this point the economy might still be fiat based and it might be useful to have some fiat to buy real estate or other things.

>cash out on Coinbase and get ass fucked with taxes
>sell on local monero /bisq here and there
>buy PM and other assets directly with it

Eventually it would be nice as more people and merchants accept its usage but you want realistically want some fiat in the meantime.

>> No.29181939
File: 1.16 MB, 200x200, 1591337827966.gif [View same] [iqdb] [saucenao] [google]

Think about getting an extra citizenship.
Read about the Flag Theory and 5 Flags approach.

>> No.29181967

yeah, almost certainly

>> No.29182388


Hookers and blow.

We're halfway there, once hookers start accepting XMR directly we'll know we've made it.

>> No.29182403

Past patterns do not hold up for the future especially with such a small sample size. What we are seeing here is extreme bearish defence for the 300 mark.

But since the entire crypto market is pumping this bearishness is futile it will break now or later.

>> No.29182496

My solution is to keep working a day job and hide your wealth powerlevel fund your daily life with fiat. Buy assets with monero which the asset holders would gladly oblige by since it would save them from having to pay taxes like how when you pay cash in restaurants you get a discount or freebees because they can dodge taxes.

>> No.29182528

Frens, I want to buy shitload of monero.
Do I just jump in, DCA, or wait for dip?

>> No.29182619

You can buy CP and drugs with XMR. I'm 99% sure you can find escorts that accept XMR right now. Those are the type of people already most familiar with it I would guess.

>> No.29182690
File: 181 KB, 500x512, 1606287353908.jpg [View same] [iqdb] [saucenao] [google]

Get X amount of money.
Divide X in 12 pieces of the same amount Y.
Invest Y every week, for 12 weeks MAX.
Why max? Because if there's a dip, you get that cash in hand and buy at least a couple of Ys amount so you can profit of the dip. And never stop DCAing until you invest everything that you wanted to.

>> No.29182693

I personally am DCAing over the next 5 years. But some other anon posted papers showing "jumping in" is statistically more profitable so do what you want. I don't recommend waiting for dips in a bull market.

>> No.29182734

I'm unironically kinda worried about this as well as a long term holder. I don't wanna get absolutely assraped by taxes and whatever other punative shit uncle sam wants to throw at me for keeping my crypto off the books.

Look, if crypto does end up getting really big, you think any of the cocksucking boomers are going to like it? Looking at how these trash actually act, they'll get pissed that a bunch of gen x'ers, millennials, and zoomers are making it big DESPITE boomers lifelong efforts to rent seek on the entirety of western civilization.
Think boomers are butthurt now? Fuck you aint seen nothing yet.

I'll be looking very seriously into >>29181939
another country/citizenship sounds like a very good option.

>> No.29182837

yep I saw that too, that's why I am asking, I am not sure if that logic can be applied on monero in current state

>> No.29182853
File: 818 KB, 640x868, Monero.png [View same] [iqdb] [saucenao] [google]

>There was recently a story about a Ukrainian(?) politician who stored millions in Monero to avoid taxes or something.
I bet that politician doesn't have the Monero. This is just a 3d chess move for him (or his parent who are also politicians) to accept future bribes in form of XMR.

>> No.29182914

How do you spend the time waiting for the transfer to go through?

>some fat guy shows up with cash in the meantime and rails her before you

>> No.29182982

There 100% are few BIG BTC addresses that have been blacklisted and are being traced like the silk road BTC wallet. This single wallet contains 200,000 BTC which is valued at 10 fucking BILLION.

And all this BTC is stuck. All of it. Don't believe me? Check out the BTC address: 1HQ3Go3ggs8pFnXuHVHRytPCq5fGG8Hbhx

This shit WILL dump into XMR gradually whenever this guy needs cash. And the higher BTC goes the more money will dump into XMR when atomic swaps work and are fully peer to peer.

Atomic swaps are actually a monstrous threat to BTC maxis. They just don't realise it yet.

>> No.29183025

Thanks! That helps a lot actually

>> No.29183089
File: 25 KB, 363x363, 1599019993355.jpg [View same] [iqdb] [saucenao] [google]

>another country/citizenship sounds like a very good option.
It is, and it's what very wealthy people do. If you become very wealthy you should be able to do the same. Read about it and come up with your own designed plan. I have three citizenships and I intend to fully exploit that when I decided to cash in *some* of my crypto.

you're welcome my dude. we're all going to make it.

>> No.29183122
File: 90 KB, 1200x683, Lumpy+hopeless+gerbil_8c3b23_8253565.jpg [View same] [iqdb] [saucenao] [google]

Is there decent money in buying via kraken or other cheap methods. And then selling on localmonero for 10-15% extra?

Any of you bros doing that? Recommend it or nah?

Also dip back down to $200 when boys, I wanna accumulate

>> No.29183176
File: 731 KB, 800x800, best-countries-for-cryptocurrency-investors.png [View same] [iqdb] [saucenao] [google]

Oh I'm already reading about it fren

picrel in case anyone else is wondering about this path

>> No.29183257

Same boat, I settled for buying a large sum up front and now I’m doing weekly DCA with relatively large amounts. Planning to continue for years.

>> No.29183531
File: 272 KB, 788x669, XMR feels.png [View same] [iqdb] [saucenao] [google]

>Atomic swaps are actually a monstrous threat to BTC maxis. They just don't realise it yet.
Does anything need to be implemented on BTCs end though?

>> No.29183574


>> No.29183598

I would write off Hong Kong as it falls under China's jurisdiction which doesn't respect the law always and Belarus which is a corrupt place with authority possibly blackmailing you for potential wealth extraction.

The Netherlands is the best on this list and looking into it the first ~million euro is tax free after that you pay like 0.3% tax on every subsequent million euro until it peaks at 5%. They won't ever tax your crypto after that. Trading is tax free, purchases are tax free etc.

Still though. Why pay taxes if you don't have to report anything?

>> No.29183660

You are putting in the risk of being robbed or identified by a government agent arresting you for tax dodging or not adhering to KYC rules.

>> No.29183681

Huh, I just checked that, it does seem like there are some opportunities... localmonero offering about 10 bucks more than it costs me to buy off poloniex

>> No.29183708

Depends on where you are. In most countries the government doesn't even know about this stuff nor care.

>> No.29184163

The people buying tend to be buying small sums. Maybe it's worth driving and meeting people for a 10-20 dollars profit for you I don't know. But I doubt it'll be a very lucrative deal unless you're unemployed or something anyway.