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29377077 No.29377077 [Reply] [Original]

Buy the dip edition

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

WHERE TO GET MONERO?

>KYC:
Binance
Kraken
Bitfinex

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

>Mining
https://archive.is/TWOah

HOW TO STORE MONERO?

>Desktop
Gui/Cli (recommended)
MyMonero
Exodus
Feather

>Mobile
IOS: Cakewallet
Android: Monerujo

>> No.29377334

>>29377077
Cheapies edition

>> No.29377404
File: 187 KB, 1000x1091, ADSACXE.png [View same] [iqdb] [saucenao] [google]
29377404

I bought at $270

I don't know what to feel anymore

At least I have some hope left

>> No.29377446

>>29377404
You should feel pretty good unless you dumped literally everything in at the top (bad idea).
This is a great opportunity to buy more.

>> No.29377480

>>29377077
>hair
>face
>midriff
>thighs
ABSOLUTELY HARAM

>> No.29377500

>>29377404
Same.
Looks like I'm just going to have to hold for the next 4 years until the next boom.
Was expecting it to at least hit ATH.

>> No.29377689
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29377689

I've waited patiently for this thread while looking into this myself, please help.

What's the best way to buy Monero? I live in EU. I want to buy a lot of monero (at least a couple thousand euro's worth) so I want to get it for as close to its actual value as possible. My only experience buying crypto is using localbitcoins to get bitcoin.
Pic related is from localmonero. Why are the rates so shit on this site? They are shit on localbitcoins too.
>USDT
should I spend time trying to figure this out? It seems like monero is mainly exchanged for other crypto rather than for Euro. I've looked at binance and there doesn't seem to be an option to buy monero with SEPA or credit card, just with bitcoin. If I have to buy bitcoin first I definitely don't want to be Jew'd on the exchange rates since I'll be exchanging twice. what's the cheapest way of getting monero from my euros? does binance screw you on the exchange rates?

>> No.29377732
File: 300 KB, 1280x933, 1613333277803.jpg [View same] [iqdb] [saucenao] [google]
29377732

>>29377077
Added to my XMR stack this morning. Getting paid tomorrow so will add even more then. Life is comfy.

>> No.29377782

>>29377689
Just buy btc then trade it for xmr on binance, that's the best u can get

>> No.29377816
File: 505 KB, 1583x2048, 1613550308812.jpg [View same] [iqdb] [saucenao] [google]
29377816

>>29377404
If you're buying Monero to make a quick buck you're invested in the wrong project.

>> No.29377912
File: 144 KB, 451x451, 1600099119811.jpg [View same] [iqdb] [saucenao] [google]
29377912

>>29377689
Kraken

>> No.29377961

Guys, extend your time preference as much as you can. Just hoard assets.

Someone post more of her. Google doesn't how much results.

>> No.29377977

>>29377404
Monero’s market cap = Bitcoin’s market cap at 2015. So it depends on where you think Monero is going to be in 5 years from now.

>> No.29377982
File: 258 KB, 3840x2160, 1613324962586.jpg [View same] [iqdb] [saucenao] [google]
29377982

>>29377689
Have you tried Kraken?

>> No.29378037
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29378037

AAAAAAAAAGGGGHHHHHHHHH

>> No.29378216
File: 892 KB, 1242x2688, 5749CB1C-281B-4B45-BC1C-0F2281DE39FB.png [View same] [iqdb] [saucenao] [google]
29378216

>>29377500
Buy the dip.

>> No.29378298

this dip is a gift for me

>> No.29378377
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29378377

I bought at $225

>> No.29378531

>>29378377
Buy more now then.

>> No.29378533
File: 782 KB, 940x639, 1613940392686.png [View same] [iqdb] [saucenao] [google]
29378533

Still the comfiest hold in crypto.

>> No.29379162

>>29377077
I have seen this around.

Need suggestion on $MCM as well

>> No.29379198
File: 22 KB, 581x109, michael saylor kek.jpg [View same] [iqdb] [saucenao] [google]
29379198

this was the absolute bitcorn top wasn't it?

>> No.29379349

FUCK YEA CHEAPIES

>> No.29379754

>>29379198
Why does everyone worship everything rich people say, like Buffet? He didn’t even buy Amazon stock until 2019.

>> No.29379975

>>29379754
People think they'll operate like billionaires too which is funny as one of the characteristics of a billionaire is that you don't have a clue what they do with their money.

>> No.29379978

No one has explained yet how Monero is the true investment coin when coins can just keep being created. BTC is valuable because it is a limited commodity.

>> No.29380178

Is buying BTC on coinbase and converting to XMR on cakewallet a decent way of obtaining Monero? I’m a no coiner and only interested in Monero. I don’t trust Kraken and their third world email only “24/7 customer service” and lack of ACH deposits.

>> No.29380215

>>29379978
We've been telling why in every single general.

What happens when Bitcoin reaches its limits? What's the incentive to keep mining? Basically this.

>> No.29380347

>>29380178
should be fine but you will probably lose more to fees due to passing through a failed currency
>>29379754
classic normie behaviour, lynch is a beter investor anyway

>> No.29380617

>>29380347
Is there a better way you’d recommend? I’m open to all suggestions. Like I said I don’t even want BTC just XMR. Seems like I need to get some other coin first unless I want to use Kraken or meet up with a local self described anarchist from local Monero.

>> No.29380774

>>29380215
If you’re essentially printing money, why doesn’t that money lose its value, or at best, remain at its current value?

>> No.29380852

>>29380617
I think you'll be fine doing that way. If only XMR.to still existed.

>> No.29381016

>>29380617
I use kraken

>> No.29381065
File: 1.11 MB, 1427x2300, monerochan.png [View same] [iqdb] [saucenao] [google]
29381065

threadly reminder that this is the perfect xmr-chan

>> No.29381159
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29381159

>>29379978
>No one has explained yet how Monero is the true investment coin when coins can just keep being created.

No one has explained yet how gold is the true investment when bullion can just keep being mined out of the ground.

>> No.29381203

>>29380774
There will be lost coins, there will be new users born and there will be miners wanting rewards to keep the network alive. The tail emission takes this scenarios into account.

If you fix the emission rate, there'll be no incentive to keep mining as people will be too afraid to move their funds and not be able to buy it back.

>> No.29381230
File: 484 KB, 1082x695, 1613576763781.png [View same] [iqdb] [saucenao] [google]
29381230

forever comfy lads

>> No.29381281

Won't this crash too if BTC crash?

>> No.29381398

>>29381159
Well yeah that’s my point. Gold is limited in quantity, even if we don’t know what that quantity is, and if 500 tons of gold were just dug out of the ground it would tank.

>> No.29381534

Just bought an unknown amount of Monero. Ty for discount.

>> No.29381733

>>29381398
monero is limited in quantity too

brainlet

>> No.29381895

>>29381534
Just saw monero go from 200 to 215. Was that you anon?

>> No.29381903
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29381903

>>29381398
>Well yeah that’s my point. Gold is limited in quantity, even if we don’t know what that quantity is, and if 500 tons of gold were just dug out of the ground it would tank.

Right, and XMR's tail emission roughly matches gold's 2% annual inflation.

If we assume there will always be a percentage of the private keys being lost due to technical failures, human error, people dying and not arranging for access, etc., then any fixed rate of supply will reach an equilibrium where the rate of production (0.3/minute in Monero) is equal to the rate of loss which is PM (P=percentage lost keys per unit time, M=money supply). If we solve this equation for M we get M=0.3/Pminute which comes out to around 30 million XMR with P=0.5% per year.

We don't know P exactly, and P may not quite be constant over time, but this is a very reasonable model and it shows that Monero's money supply is not actually infinite in practice.

>> No.29382109

>>29380178
Litecoin fees are lower and transactions are faster.

>> No.29382261
File: 1.57 MB, 1770x1499, 18_7 XMR.png [View same] [iqdb] [saucenao] [google]
29382261

I will keep buying XMR and I won't stop buying, THANKS FOR THE CHEAP XMR YOU FUCKING PANIC SELLERS!

>> No.29382302

>>29381903
Thanks m8, that’s what I was looking for

>> No.29382658

>>29380617
Rajeev, you post this shit on every XMR thread. I thought India was supposed to be a world superpower, so why the fuck can’t you understand that a tail emission that asymptotically approaches 0% over time is not inflationary.

>> No.29382798
File: 16 KB, 578x546, 1583615171141.png [View same] [iqdb] [saucenao] [google]
29382798

Look, I cannot buy in under 15 minutes. I do not hold my coins in exchanges and anyway I want to invest fresh fiat.
Please dump again. Thank you.

>> No.29382884

Meme’s aside, best to wait a few more days for a further dump before buying more?

I could see it go down to 130$ if BTC dumps

>> No.29383433

>>29382884
You will never see Monero below 200$ again.

>> No.29383761

>>29377404

I am this anon, I was looking at the chart when the crash happened. I didn't sell it. So you shouldn't. Be patient. Buy the dip

>> No.29383792

>>29382884
Just buy more on every paycheck. Stop looking prices if you're aiming the long term.

>> No.29383835
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29383835

>>29383433

>> No.29383959

>doesnt pump
>always dumps

ah yes, thats my XMR

>> No.29384008

I have 2 XMR left that are my only hope if this goes down hard for good in my life, which is starting to look that's going that way. I believe in this coin I wish i could have bought more..

>> No.29384021

>>29377077
Real question, does it matter that it is private as far as a financial asset? I was trying to tell people that XMR was good, and they kept saying two things.
1. No one cares about privacy
2. BTC is decentralized.

Obviously, you know and I know that you can't have decentralization if your product can be heavily regulated by a central authority, but these dots didn't seem to connect.
But if enough people buy the meme, and so long as its even a little better than cash (No inflation) it will still be a popular currency despite alternatives that are clearly superior.

Just a thought. Love you all in a non-gay way.

>> No.29384034
File: 105 KB, 499x499, 1613290501901.jpg [View same] [iqdb] [saucenao] [google]
29384034

>mine XMR in pool
>get maybe 60 cents a day TOPS
>mine XMR solo
>minor chance to solve a block and recieve the entire reward
>also help the network be more decentralised
solo chads win again bros

>> No.29384384

>>29384021
>>29384021
>1. No one cares about privacy
Until the IRS equivalent of you country starts linking a bitcoin address to you directly.

>2. BTC is decentralized
Even Satoshi thought it would become a specialized business segment.

>> No.29384386

>>29384021
>1. No one cares about privacy
This is unfortunately true. XMR's value proposition has always been "people will start caring a lot about privacy".
Remains to be seen if that will happen.
>2. BTC is decentralized.
BTC is a sack of shit legacycoin. That said, anytime someone says ppl dont care about privacy, point out that they dont give a shit about decentralization either.
BTC is the leader because of massive name brand recognition and huge availability. That's it.
Will being a better coin matter in the future? I am personally on the fence about it. The market can remain irrational longer than XMR can stay relevant.

>> No.29384521

>>29378533
naomi holds monero?

>> No.29384771
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29384771

>>29381398
No it's not. We can literally create gold by smashing atoms of other things into each other with enough energy. Besides that, the universe is infinite or as good as. If the universe is infinite, gold is infinite. Similar with Monero - if time is infinite, monero is infinite. This is a far greater limitation on the supply of monero though. Gold supply is growing exponentially and we haven't even started asteroid mining yet. Monero supply only grows linearly. In the scheme of things it is nothing. Bitcoin's termination of block rewards is actually risky, not necessarily a good thing. It's surprising to me how few people can grasp this - basically only monero chads and other geniuses like Elon Musk.

>> No.29385032

>>29384386
Fact remains that, for better or worse, we are still in a highly speculative market. Monero being a better value proposition matters a little bit. But what matters a lot more is hype. If you wanna do alts, it is a better idea to get on /r/satoshistreetbets or scroll the front page of /biz/ for a day and see what faggots are hyping. Get in when you can feel the hype being real but have the good sense to get out soon. XMR is totally available to be hyped like this but it seems ppl would rather not, which is strange to me. No, hype doesn't "hurt" a project. All the hype coins from 2018 are still here, some with bigger marketcaps than XMR.

Will this speculative, hype based nature of the market change in the future? Idk. I'm not really seeing any indicators of it, desu. Its been years since I got into this and largely its the exact same shit.

>> No.29385161

>>29382884
Honestly, I don't think it matters. If your purpose is to spend it then clearly it doesn't matter at all unless the market is really really volatile to the extent your purchase may be affected.
If you're buying some to save, then since Monero is a long hold, it won't matter too significantly whether you buy at $270 or $230 as long as you're buying smaller amounts. In the long run I expect Monero to be valued significantly higher than $300 anyway.

>> No.29385496

>>29385032
>XMR is totally available to be hyped like this but it seems ppl would rather not
The theory on this is that pump groups watch the blockchains of other coins to see what whales are doing and like to accumulate and pump when distributions are a certain way. They also want to be able to dump in time when they see whale wallets moving to exchanges. With Monero they'd be playing blind, so they avoid it.

>> No.29386191

im a nocoiner with a lot of disposable income. should i buy aboout a grand worth and put like 500 dollars of my check into it everyweek? should i actually get into mining myself. i feel like i missed out on bitcoin from being to ignorant about the whole process, I dont want to make the same mistake with this.

>> No.29386416

If I wanted to buy a machine strictly used to mine monero what set up should I get bros? Preferably something cheap but can still mine efficiently

>> No.29386419

>>29377689
If you really wanna go P2P, just open your own buying ad at localmonero at the price you want and that's it. You can set a floating price depending on market price provided by localmonero (an aggregate of exchanges, so pretty close to actual value) and you can setup a positive or negative premium. You also get the opportunity to describe exactly how you wanna do the trade.

>> No.29387115

Anybody who caught that knife is blessed by lord kek.

>> No.29387123

Would it be smart idea to buy XMR, wait for it to go up and then buy opoids with it at a discount?

>> No.29387140

>>29386191
yeah dca is the way to go

>> No.29387423

>>29386416
>buy a machine strictly used to mine monero
anything you buy will put you at a loss compared to just investing it

>> No.29387481

>>29384034
If you're mining at 10KH/s, how long on average would it take you to mine a block with the current network hash rate?

>> No.29387642

>>29387423
I travel for work and was just going to let it run in my hotel room while I'm working, so power cost isn't a factor.

>> No.29387816

>>29384521
Yes, she supports and accepts monero donations. It's not surprising considering she's Chinese. I would be hoarding monero too. Shit, I'm not even Chinese and I'm hoarding the shit out of this coin.

>> No.29387959
File: 568 KB, 1280x720, OFAC-XBT.png [View same] [iqdb] [saucenao] [google]
29387959

>>29384021
>1. No one cares about privacy

No one cares about privacy until they receive tainted Bitcoin from a blacklisted address and enter a world of pain.


>2. BTC is decentralized.

If by "decentralized" you mean "dependent on China's goodwill", sure.

>> No.29388089

>>29384034
I've thought about solo mining it, I thought the odds were so low though that I would never have a real chance. I get about 1.8kh/s

>> No.29388140

>>29385032
Perhaps I'm a brainlet, but it just seems so stupid to me. At the end of the day all they are are solved differential equation problems. Why would you want to buy and sell something which is a bad currency?

>>29385496
I like this theory a lot, just a pain in the ass, and ultimately very disheartening.

>> No.29388246

New to monero. If it can't be tracked then how do websites like CMC and gecko know the volume and market cap? Are those numbers accurate?

>> No.29388266

>>29388140
In one sense, sure its stupid. But you really really are just overthinking it. People dumber than you have money to throw around too, and their money counts just as much as yours.
You're also just discounting hype. Don't.

>> No.29388340

>>29388246
Seriously? They calculate that the same they do with any other coin. When its traded on an exchange the exchange knows how much is traded and for what.

>> No.29388369

>>29387959
Could you elaborate on point 2 a bit, I agree on point 1, but it's also at this point just a speculative asset that people buy because of hype not because of its function as a currency (imagine paying capital gains tax when you go shopping if you haven't had your money for a year).

However I've never really heard the idea that China's benevolence is all that keeps BTC alive

>> No.29388378

>>29388246
It’s tracking exchange volume, not on-chain transaction volume. And market cap is just (price of monero) x (total number of monero in existence).

>> No.29388606

>>29388266
Yeah you're right

>> No.29388636
File: 42 KB, 866x632, 1595712031639.png [View same] [iqdb] [saucenao] [google]
29388636

>>29379978
>>29381159
The problem is that you are analysing monero's tail emission in the initial percentage instead of units per minute. The tail emission is set to 0.3 XMR/minute which means an inflation system that tends to ZERO. It doesn't even start at 2%, because the amount of total XMR will increase due to the accumulation of existing coins, but 0.3 XMR/minute will gradually be a smaller percentage. Pic related shows how the inflation rate of monero tends to 0% and in the end certainly will not be enough even to replace the coins lost naturally, but will keep the network safe with reward to miners forever.
Now, next time someone presents this FUD, you will know what to answer.

>> No.29388697

I think Monero will only see a big pump when the big players of underworld realize how useful is to hide and transfer their wealth using it.

>> No.29388821

>>29387698
>I'm invested in Monero to fight the NWO. Ultimately I hope Monero succeeds but it's not for my own personal financial success, it's because if Monero fails it will mean the slow death of my people(Whites). It's important to take the long view on this. If we're thinking of financial investments then literally everything is a gamble, but what makes Monero different is that there's a real moral imperative to engage with tools that further the wellbeing of our people. In this way Monero is more of a moral investment for me than a financial one. And if you want to be a 100% self-interested psychopath, think of your children. Think of the society you want to hand down to them. Ultimately our individual fates are tied with that of the White race. You could become a millionaire, have 5 children who will never know poverty, but will your kids be able to achieve the same life that you had? The answer to that question is increasingly 'no'. The intergenerational culling is only becoming worse every decade. Every generation was expected to be only 2/3 the size of the previous generation. Now, with the covid-1984 jewflu and the acceleration of ZOG's technocratic commie world government dystopia, the destruction of our race is most assuredly going to accelerate.
>Think of your children. Think of your race. Buy the dip.
Yeah BTC has completely given up on its original goals. Monero is probably the last chance at a peaceful exit from the tyranny of (((global finance))).

>> No.29389283

that face when you buy in 400$ worth at the top of the bull run.... fuck me.... I hate fomo, but I believe in this little mf'er... will have to strategize some DCA as we limp on.

>> No.29389441

>>29387481
wery long time sir

>> No.29389611

just bought 1k worth of this, i wanted some for a long time and now seemed a good time to go in. I hope im not wrong

>> No.29389721

>>29384021
>1. No one cares about privacy
Usually I'd say you're right, but it's impossible to deny that there has been already a slightly shift towards more privacy-enhancing software. Apple decided to use Google's privacy intrusion as their selling point; they have ads on TV saying how they're privacy-oriented. WhatsApp changed its terms of service and people migrated massively to Signal, Telegram, etc. It's coming, my friend, and here you are having the opportunity of being an early adopter.
>2. BTC is decentralized.
Yeah, this is a contentious statement. But even if bitcoin is decentralized; so is monero.

>> No.29390556

>>29389283
>at the top of the bull run
holy kek is everyone this new? this bull run won’t stop til the summer at earliest, this is just a pullback

>> No.29390743

>>29377077
Ppft you monero virgins are like week little babies against us HAVEN PROTOCOL CHADS.

You should bow down and be scared of us.

>> No.29390911

why is monero crashing

>> No.29390942

>>29390743
Cool where do I spend it? You can’t? A-anon, you aren’t serious r-right?

>> No.29390953

>>29377689
>I've looked at binance and there doesn't seem to be an option to buy monero with SEPA or credit card, just with bitcoin.
literally retarded
deposit EUR on Binance and then buy XMR

>> No.29391011

>>29390911
specifically so i can purchase more

>> No.29391194

There has to be a way to buy more XMR without having to pay those fucking Bittrex withdrawal fee’s

And no there is no local monero in my country

>> No.29391338

>>29387423
Im laughing at you right now. You have never mined in your life.

>> No.29391576

>>29387816
Hmm, I just strongly agree with about half of what she does/says and strongly disagree with the other half. There is no inbetween. Didn't expect have the same opinion here.

>> No.29391842

>>29391194
You should email whatever is the biggest exchange in your country so they accept XMR. People need to complain less online and actually go and ask for services and stores to accept the coin. Since 2017 I've sent at least 10 emails do stores and services to accept XMR and 2 of them actually implemented it. Be the change you want to see in the world, faggot.

>>29391576
Yeah same, I had to unfollow her on Twitter at some point because she was spewing too much gibberish, she does some cool cypherpunk shit though which is interesting as fuck.

>> No.29392136

No longer in the top 20 REEEEEEE

>> No.29392702

>>29392136
good lets go back to page two so i can buy more

>> No.29392781
File: 261 KB, 648x710, Screen Shot 2021-02-22 at 12.04.37 PM.png [View same] [iqdb] [saucenao] [google]
29392781

The TURKs are coming.

>> No.29392795
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29392795

I WENT ALL IN ON THIS SHITCOIN WHEN IT WAS HIGH. NOW IT TANKED AND I'M FUCKING RUINED.

>> No.29392886

>>29378216
Wait this was forced by exchanges? So it’s an inorganic dip? This markets going back I up?

>> No.29393001

>>29384034
>>29389441
I have a 3900x coming in the mail. Should I actually consider solo mining? Benchmarks put it at 15 or 16 kh/s.

>> No.29393007

I only bought XMR because of the anime tiddies you guys post here.
I want more XMR porn. The colors are very aesthetically pleasing

>> No.29393085
File: 92 KB, 749x606, top strategist buy every dip.jpg [View same] [iqdb] [saucenao] [google]
29393085

I just got unspecified amount of Monero.
>the bank didn't want to let me transfer funds to the exchange
The jew fears crypto.

>> No.29393288

>>29393001
you can if you want but you need to run the cli wallet and have the blockchain downloaded plus you probably wont get a single coin unless you mine for a year straight

>> No.29393362
File: 90 KB, 882x439, what the fuck am i reading.jpg [View same] [iqdb] [saucenao] [google]
29393362

>>29384386
Every normie I've ever known uses a bathroom door and has blinds on their windows. The vast majority of people like privacy - some just trade privacy in favor of convenience.
XMR is the best of both worlds: private and convenient.

>> No.29393516

>>29392781

Biz zaten buradayız yiğidim

>> No.29394716

>>29392886
Do those scamwicks look organic to you

>> No.29395499

>>29377732
welcome to the comfy zone, grab some cocoa

>> No.29395528
File: 665 KB, 500x373, 98959279-72DF-4D6B-899A-C642BE8FB50D.gif [View same] [iqdb] [saucenao] [google]
29395528

Pls mr monero pump

>> No.29395702
File: 149 KB, 850x850, monero3.png [View same] [iqdb] [saucenao] [google]
29395702

Yes, I've been waiting for this dump. Sell me your bags.

>> No.29395926

what is stopping me from ctrl c + ctrl all the monero code, and replacing POW with POS and instantly having a better coin?

>> No.29396073

>>29395926
your retardation

>> No.29396087

>>29395926
That was already done and nobody uses it because pow will always work better than pos. pos increases centralization

>> No.29396109

>>29395926
you must be new.

Proof Of Stake is a ponzi.

All PoS coins will go to zero in long term.

>> No.29396124

>>29395926
nothing.
except pos is a meme and the monero community is smarter than that.

>> No.29396141

>>29395926
>monero
>PoS
why do you have brain injury?

>> No.29396144

>>29395926
Look at oxen, it's a retarded idea

>> No.29396234

>proudly a top ten coin si-
>proudly a top 20 co-
>proudly a top 50 coin since 2016! Remember fundamentals are all that matter!

>> No.29396359
File: 101 KB, 1280x720, 1536418903928.jpg [View same] [iqdb] [saucenao] [google]
29396359

>was trying to accumulate more but 280 was rather steep
thank you for becoming more affordable, monero-chan

>> No.29396810
File: 538 KB, 1242x2005, 6300D0DA-89E7-472D-9789-B71CC60750F5.jpg [View same] [iqdb] [saucenao] [google]
29396810

>>29396234
Lol retarded post. Monero was 18 like a day ago. The market does retarded shit all the time.

This screenshot is January 2016. Point is shitcoins come and go.

>> No.29396839
File: 680 KB, 2048x2048, 1611881120724.jpg [View same] [iqdb] [saucenao] [google]
29396839

>>29396234
Just market it yourself then. Monero is open source, freedom money. It doesn't have a company behind it throwing mining rewards in marketing. It's hard to compete with these other fucking scams who understand they need to make a lot of noise for the scam to be successful. There are some ideas about proposing to fund marketing initiatives in the community crowdfunding system. That being said if you have marketing ideas you can always just go talk with the guys from Monero Outreach and join their efforts.
If you have no idea on how you can help, you can always become a literal shill. Make a reddit account, twitter, whatever, and start preaching. (Un)fortunately because monero is a grass roots project it will need to be marketed by the little man.

>> No.29396953

>>29396810
ngl, kinda surprised that stellar is still around

>> No.29397443

Trying to get into mining. Have two gaming PC set ups I don't use. I wanted to mine ETH with the GPU and XMR.

I got xmrig set up, used the config wizard, and am using the supportxmr pool, but I feel like I could be optimizing my set up better.

What do you guys use, any tips?

>> No.29397878

>>29397443
I'm getting 1 kh/s in a i5 - 8250U and I feel this is way worse than it should be.The desktop isn't even freezing.

>> No.29398223

>>29397443
Use their settings - https://moneroocean.blogspot.com/2021/02/ethereum-gpu-miner-setup-options.html

I am set up with CPU using their own XMRig MO edition (from the setup/help page), and now hooked in my GPU so it mines eth, but they pay me out in XMR.

>> No.29398825

>>29397878
>any year after 2014
>buying intel
At least you have good performance on games.

>> No.29399314

>>29384771
ur a fkn idgit

>> No.29399342

>>29397443
check r/moneromining

>> No.29399398

>>29397878
that's worse than i get on a 3520m (9 y/o laptop chip)

>> No.29399526

>>29397878
Is it thermal throtteling? If yes, try undervolting.

>> No.29399690

>>29396144
>>29396141
>>29396124
>>29396109
>>29396087
>>29396073
why is pos bad? I genuinely don't know. I don't want to mine and btfo my college laptop processor, but I want to contribute to the decentralization of the network, and make profits.

>> No.29400174

>>29391194
Try hotbit

>> No.29400283

>>29377404
I bought at over 300 during the last run, but your know what? I keep on buying at different times so it averages out. they have a word for it: “dollar cost averaging”. Just keep on buying and keep on using your moneroj to buy stuff.

>> No.29400297

Someone redpill me on monero. Does it have any future outside of being used to buy drugs?

>> No.29400459

>>29400297
redpill yourself retard

>> No.29400529

>>29400297
Community is growing massively and, despite what all the paranoid schizos would have you think, governments don't have XMR on their radar. Price action is annoying but I think the future is positive and it definitely has a future.

>> No.29400675

>>29400297
no. short it.

>> No.29400885

>>29388636
This is something that no one seems to get. And it happens in threads almost every day

>> No.29400941

should i buy some more now or will it dip lower

>> No.29401022

>>29399690
because pos increases centralization, the whales would be in control of everything, they don't even need to really invest in anything just deposit their money to control the network. asic resistant pow is the ultimate decentralization, as you can't make huge profitable mining farms, but everyone can mine some profits at home.

>> No.29401129

>>29400297
It's unironically better than Bitcoin in every single way.

>> No.29401265

>>29400297
I honestly do not know. People will throw out shit like whales converting to XMR when atomic swaps are out, and other stuff like state actors moving crypto.

To be perfectly honest, these all feel like reaches and just copes for the price sucking while a bullrun happens.

Then you have ancaps who are just in it to try to fuck the state over. These people should not be listened to, IMO.

tl;dr Monero has great, prehaps the best fundamentals in terms of being an internet currency. Privacy does equal fungibility and there is no way around that. But as an investment, even long term (talking ten years, etc), I'm pretty skeptical.

>> No.29401355
File: 48 KB, 732x412, 1590162890083.jpg [View same] [iqdb] [saucenao] [google]
29401355

>>29400297
>Does it have any future
It has a $32 trillion dollar future.
https://www.reuters.com/article/amp/idUSBRE86L03U20120722

>> No.29401563
File: 1.85 MB, 3508x2480, 1613573248226.png [View same] [iqdb] [saucenao] [google]
29401563

>>29377077
Serious question Monerochads. I have fat Bancor and GRT stacks that I bought before they pumped last week. Should I convert these to XMR or just hold in the hope of further gains?

>> No.29401603
File: 1.23 MB, 1000x1571, 217dd15ba0904157ed0dccd5bbbaa007.png [View same] [iqdb] [saucenao] [google]
29401603

>>29401265
Most of us that are invested in XMR are oldfags and already experienced the same talk with BTC 10 years ago. Ancaps are always right.

>> No.29401706

>>29401265
Yeah I seriously doubt these hypothetical Bitcoin whales are actually going to convert to XMR as soon as atomic swaps are out. It's been years since a really notable seizure of Bitcoin has occurred, there's nothing to make them conscious about Bitcoin's transparency. It seems like a big cope, though that doesn't diminish the value of atomic swaps ofc.

>> No.29401765
File: 63 KB, 1280x720, aeon.jpg [View same] [iqdb] [saucenao] [google]
29401765

Any love for AEON?

>> No.29401819
File: 834 KB, 1200x948, GFnMe.png [View same] [iqdb] [saucenao] [google]
29401819

>>29401765
stfu no

>> No.29401910

>>29391842
>Since 2017 I've sent at least 10 emails do stores and services to accept XMR and 2 of them actually implemented it
Based
Did these sites already accept crypto?

>> No.29402280

>>29398825
It's a laptop the company gave me to work on. But my work is pretty lightweight.

>>29399398
Yeah, it's awful.

>>29399526
It doesn't get hot at all.

This is my xmrig config.


"cpu": {
"enabled": true,
"huge-pages": true,
"huge-pages-jit": false,
"hw-aes": null,
"priority": 0,
"memory-pool": false,
"yield": true,
"asm": true,
"argon2-impl": null,
"astrobwt-max-size": 550,
"astrobwt-avx2": false,
"argon2": [0, 2, 4, 6, 5, 7],
"astrobwt": [0, 1, 2, 3, 4, 5, 6, 7],
"cn": [
[1, 0],
[1, 2],
[1, 4]
],
"cn-heavy": [
[1, 0],
[1, 2]
],
"cn-lite": [
[1, 0],
[1, 2],
[1, 4],
[1, 6],
[1, 5],
[1, 7]
],
"cn-pico": [
[2, 0],
[2, 1],
[2, 2],
[2, 3],
[2, 4],
[2, 5],
[2, 6],
[2, 7]
],
"rx": [0, 2, 4],
"rx/arq": [0, 1, 2, 3, 4, 5, 6, 7],
"rx/wow": [0, 2, 4, 6, 5, 7],
"cn/0": false,
"cn-lite/0": false,
"rx/keva": "rx/wow"
},

>> No.29402321

>>29401706
how is atomic swap any better / more anonymous than using exodus / cakewallet or another no KYC exchange? Is it because atomic swaps have more liquidity to swap a large amount?

>> No.29402364
File: 298 KB, 680x680, 1613455678653.png [View same] [iqdb] [saucenao] [google]
29402364

>>29401765
No.

>> No.29402378

>>29401265
>>29401706
These are predictions fuelled by the current mania. But to believe that private money doesn't have a future outside of buying drugs is to be very narrow-minded. As I said elsewhere, the Monero Project doesn't have a marketing team promoting and pumping the coin 24/7.

>> No.29402460

>>29402321
Atomic swaps only use the respective blockchains. They are trustless.
Coin swap services depend on third party exchanges.

>> No.29402483
File: 477 KB, 659x626, 1612463681920.jpg [View same] [iqdb] [saucenao] [google]
29402483

>>29401603
>Most of us that are invested in XMR are oldfags and already experienced the same talk with BTC 10 years ago. Ancaps are always right.

I'm fully aware. I've been in this since 2013. I remember the big btc block size shitstorm and how it went down and how all the oldfags basically ditched to ETH/XMR/BCH.

>roger ver is a fertilizer terrorist therefore small blocks are best!!!!

But unlike a lot of people here, I have lost most of my faith in markets to function rationally or even properly. It is entirely unsurprising that XMR, being chock full of old crypto people, libertarians and ancaps, would also be full of people who place outsized faith in markets to stick to fundamentals and get things right.

I think you guys are wrong, you haven't learned that markets aren't infallible. Even over long enough timescales, markets are simply groups of people, who sometimes fuck shit up. I am definitely looking at changing my strategy from one based almost purely on fundamentals of of technology, to one more cognizant of what hypebeasts are pushing and can I extract a chunk of this pump? That's just the raw reality of where the market is now, I don't see how anyone can challenge that. And worse, I see no real indicators of this changing. We are just as dependent on the pump of the week now in 2021 as we were in fucking 2017.

Again, markets can stay irrational longer than XMR can stay relevant.

>> No.29402809

>>29402460
Gotcha, so there is a concern that your coins get stuck/stolen/seized/lost if you are using a third party?

>> No.29403390

>>29402483
How big is your stack, fud boy?

>> No.29403574

>>29402483
Name me another crypto that is actively being purchased by people with no interest in cryptocurrency.
The adoption doesn’t lie. We don’t really care that the market is irrational because it allows us to stack.
Monero isn’t going away. You are acting like Monero is just going to fizzle out. How could you possibly even suggest that?

>> No.29403693

>>29402809
Not only that but kyc/aml regulation also gets in the way.
Atomic swaps are the future because each crypto currency can be trustlessly swapped for other cryptos. Because Monero has the privacy sector locked up, every other crypto looking for privacy will swap into Monero.

>> No.29404212

>>29403390
Probably a lot bigger than yours, retard. Its really, really hard not to be when you've been in this since 2013.
Are you ok with discussion about pricing and markets? Or is anything but POOMPA going to be met with autistic screeching and accusations of FUD?

>>29403574
>How could you possibly even suggest that?
Well, lets calmly (I realize its hard for some of you todo, but lets try) look at what that would take.
It would mean the market in general simply doesn't care that much about XMR's privacy proposition's. It would mean that this "irrationality" lasts long enough and deep enough for XMR to get pushed wayyyyyy to the bottom in terms of marketcap.
Let me ask you: do you take #200 on coingecko seriously? Do you? Do you really?
No, of course you don't, and for good reason. And it is exactly for that reason that XMR's continued slide is something to worry about and try to take action against.
>but we have the darknets on lockdown!
Yeah? So? You've had a monopoly on the darknets for at least a year now, and a significant chunk of it for many years now (trust me, I kept track of that shit!). What has that gotten you?

The core of XMR's value going up is the argument "yeah things aren't great now, but they will change as the market matures and people start to care about privacy". Ok.
What proof do you have that this fucking gongshow of a market is maturing? Or that it will even ever mature? Because again, as someone who has been through a couple of these cycles, I don't see this market maturing. I see an eternal september of people buying into stinky linky because a podcaster mentioned it.

>> No.29404585
File: 457 KB, 2432x2352, mastermonerochan3cencor.png [View same] [iqdb] [saucenao] [google]
29404585

>>29377404

>> No.29404592
File: 99 KB, 769x1285, 1613608216058.jpg [View same] [iqdb] [saucenao] [google]
29404592

>>29401819
u still have png of that monero chan?

>> No.29404792

>>29404212
>It would mean the market in general simply doesn't care that much about XMR's privacy proposition's. It would mean that this "irrationality" lasts long enough and deep enough for XMR to get pushed wayyyyyy to the bottom in terms of marketcap.
That's not what I am saying retard.
Monero is an open sourced project. It isn't going to "go away" like you are saying. It has the third largest amount of developers and an active community of people who care about it.
>No, of course you don't, and for good reason. And it is exactly for that reason that XMR's continued slide is something to worry about and try to take action against.
I don't care about the coingecko rankings at all, actually. That's where you are wrong.
I care about the fundamentals. I don't care about a list of ponzi schemes and scams.
> You've had a monopoly on the darknets for at least a year now, and a significant chunk of it for many years now (trust me, I kept track of that shit!). What has that gotten you?
you evidently don't.
Transaction totals have gone up 3x over the past year.
Last year at this time r/darknet was not talking about Monero like it is now. Threads about Monero on there would be shot down by people arguing that Monero was a pointless conversion.
Cake wallet's downloads have skyrocketed and now the largest dark net market is Monero only. The markets have not been 100% Monero. They still aren't. You are talking out of your ass when you say that. There is still much room to grow and every day we are onboarding every person who neesd privacy.
>What proof do you have that this fucking gongshow of a market is maturing? Or that it will even ever mature?
I don't need that proof. Again, I invest on the fundamentals and over time Monero's clout will continue to grow.
>I see an eternal september of people buying into stinky linky because a podcaster mentioned it.
I don't disagree with this point, for what it's worth.
But Monero will outgain in the long run.

>> No.29405372

>>29404792
>Monero is an open sourced project. It isn't going to "go away" like you are saying. It has the third largest amount of developers and an active community of people who care about it.
I never claimed that it was going to "go away", like you are accusing me of saying. It WILL slide into irrelevance though. That has always been what I am saying, so stop trying to misdirect shit. Thats just dishonest.

You may not care about price. You may not care about how the market acts. You may not care about how the wider public, both in crypto and outside of it perceive things. But I do. Most people that prefer to stay grounded and adapt their models to reality do. You think that raw fundamentals are the only thing that matters in the long run? Frankly that's stupid, ignorant and stubborn, and has already been proven mostly wrong. I get that you are very emotionally invested in this. Tbh I am way too emotionally invested in it as well. But at some point you have to realize that others don't share that and that those others may make up the majority of the market. And that those others, for a variety of reasons, may never come to share that.

Maybe they will. Maybe someday, 5-10 years down the line, people will "wake up". But you know what? If that happens I'll just buy back in and enjoy the rise when it actually happens lol.

>> No.29406218

>>29405372
>I never claimed that it was going to "go away", like you are accusing me of saying. It WILL slide into irrelevance though.
want to make a wager on that? because you are fucking retarded if you think another privacy crypto will overtake Monero.
>You may not care about price.
yeah, in the short term.
The price has been unironically good for Monero over the past year. We had a strong 2020 and despite the Bittrex sidestep we have performed solid in 2021.
I have seen profits 3x over the past year because of my DCA strategy for Monero. I am quite pleased with my Monero stack. Long term, these gains will be glorious.
>You may not care about how the wider public, both in crypto and outside of it perceive things
Again, that's where you completely, 100% wrong, and I will repeat the question that you ignored:
Name me another cryptocurrency that is being purchased to be used by people who don't care about cryptocurrency. The "wider public" perceives Monero as the new dark net coin and this is insanely bullish.
>You think that raw fundamentals are the only thing that matters in the long run?
In the long run, it is the one of the biggest.
but you are a retard who only looks in the short run.
Which, by the way, is even more retarded when you consider how much Monero cost in 2016, prior to the last bull run.
> But at some point you have to realize that others don't share that and that those others may make up the majority of the market. And that those others, for a variety of reasons, may never come to share that.
Okay? Then sell. Nobody fucking cares demoralization nigger. If you want to get rich quick then go gamble on shit coins. It's absolutely insane that you are complaining about the gains we have had over the past year. Like seriously you need mental help. Whining about an irrational market and how Monero's gains aren't better than scams like Cardano doesn't accomplish anything other than you sounding like a moonboy larp who wants number go parabolic.

>> No.29406390
File: 319 KB, 769x1285, image0.png [View same] [iqdb] [saucenao] [google]
29406390

>>29404592
>>29404592

>> No.29406465

>>29405372
Ohhh my god shut the fuck up you negative whiney little bitch, just sell and go enjoy what minuscule shambles of your life you still have left. Do you really think nobody here has considered the shit you’re saying? Like you’re the only one who’s capable of critical thought? How did you end up so fucking arrogant and snobbish? Was it your parents or your high school bullies that did it?

>> No.29406556
File: 98 KB, 769x1285, bg.jpg [View same] [iqdb] [saucenao] [google]
29406556

>>29404592

>> No.29406603
File: 3.11 MB, 520x293, 1612790440295.gif [View same] [iqdb] [saucenao] [google]
29406603

monero bros, I...I...I bought litecoin

>> No.29406909

>>29406603
y lol

>> No.29407063

>>29406218
>ignores or misdirects basically all I'm saying.
I guess that shouldn't be surprising considering you accused me of stating that XMR will stop being fucking developed.
>demoralization nigger
K. I'm done. Peace.

>>29406465
>we've heard it before and reached different conclusions and still cant explain in a calm and logical manner why you are wrong
Disappointing. You're probably wrong on both counts too.
>negative whiney little bitch
but not surprising at this point. This is just pathetic. I am sure you are one who can make sense of what is going on and explain it.

Anyway, you retards want to be left alone in your slide into irrelevance. You havn't answered shit about WHY the market will fundamentally change, just that it will and to stop asking questions and to sell and leave you alone. Surely fundamentals will win out....eventually.....while fucking Bitcoin fucking SV is leaving you behind and fucking TRON is on your heels.

If this doesn't tell you something is wrong, well that's what being caught in pure delusion looks like.

Enjoy your circlejerk.

>> No.29407160

>>29407063
Ohh my gooood shut the fuck up tl;dr you fucking fag. Either off yourself or go find a reason to not be such a depressed piece of shit all the time.

>> No.29407162

>>29405372
> It WILL slide into irrelevance though.

How so? You claim that, but don't provide a single fact to back it. Privacy will always be relevant and Monero is still the leader with no competitors in sight.

>> No.29407323

>>29406603
tell us about the value that litecoin adds to the crypto ecosystem....

>> No.29407535

>>29407323
bro, I don't care, it didn't hit it's previous ath yet, it was cup and handle and it's normie coin, I desperately need to make gains, I can't just invest in coins that have cute mascots
oh wait, I wanted to star accumulation ravencoin because I thought it has potential and nice logo, but didn't and it did x20 last month
I fucking hate myself

>> No.29407567

>>29394716
>>29392886
>>29378216
>all the gains I got on sunday got wiped out by a fake dump

b-b-based

>> No.29407673

>>29407063
typical demoralization nigger. Gets confronted with logic and then whines only about the btc ratio like a moonboy faggot larp.
> You havn't answered shit about WHY the market will fundamentally change, just that it will and to stop asking questions and to sell and leave you alone.
do you actually think that completely transparent ledgers can be used as currency? Are you seriously that fucking retarded?

>> No.29408360
File: 277 KB, 1700x1197, 1585894944461.jpg [View same] [iqdb] [saucenao] [google]
29408360

>>29404212
>he core of XMR's value going up is the argument "yeah things aren't great now, but they will change as the market matures and people start to care about privacy". Ok.
>What proof do you have that this fucking gongshow of a market is maturing? Or that it will even ever mature?

As I said here >>29389721
>Usually I'd say you're right, but it's impossible to deny that there has been already a slightly shift towards more privacy-enhancing software. Apple decided to use Google's privacy intrusion as their selling point; they have ads on TV saying how they're privacy-oriented. WhatsApp changed its terms of service and people migrated massively to Signal, Telegram, etc. It's coming, my friend, and here you are having the opportunity of being an early adopter.
If you think Monero will slide into irrelevance when there are trillions of dollars waiting to be hidden in this new digital tax haven, you're being naive.

>> No.29408365

>>29393001
at current difficulty i believe you would make slightly more by pool mining over the average time it should take you to find a block than from the block reward

>>29393288
you can do it with the gui wallet

>> No.29408420
File: 15 KB, 241x209, xmrc.jpg [View same] [iqdb] [saucenao] [google]
29408420

Reminder that Monero is the apex of fungibility and privacy.

https://en.wikipedia.org/wiki/Marked_bill

>> No.29408468

I dont care about the price. Accumulating and just comfy holding my unknown amount

>> No.29408640

>>29407673
Just bully them, it’s much easier.

>> No.29408907

Do you think Monero will overtake bitcoin? If so, why hasn't it happened already?

>> No.29409323

I think it’s reasonable to be concerned with growth in terms of price, and overall perception / marketing / adoption. That being said, price has been relatively stable which is good and a lot of us have had our stacks increase a good amount in just this year. I’m not worried about price in the short run and don’t buy into this FUD bullshit because at the end of the day, monero has a specific and extremely important use case and it does it very well. On top of that is actually being used to exactly that. I may be a minority but a lot of people a disgusted by the overreach of government restriction and taxation. And also value privacy from other people and corporations. This is why o feel the most comfortable holding monero out of anything. I’m in it for the long run, my income is already really good and I’m with monero to protect the freedom of my family in the future from evil thugs who have no problem stealing from us, harassing us, and committing violence on us.

>> No.29409362

>>29408907

Why does it should? I think that coexistence is a much better thing for bitcoin and monero

>> No.29409430

>>29408907
Because crypto is still not used that much, except on the dark net and for speculation.
Bitcoin is the king of speculation. Monero is the king of actually working cryptos.

>> No.29409967

>>29407323
Nearly as popular and accepted as bitcoin but low fees and faster transactions.
Mumbly bits or whatever it's called could be neat because it would be a feature on a normie friendly coin (even if monero is better).

>> No.29409974
File: 1.18 MB, 1298x800, 1605847055802.png [View same] [iqdb] [saucenao] [google]
29409974

>>29409323
I agree, I think people here underestimate how intrusive governments are and how they take actions that play against the average citizen. How do you think the national debt will be paid off? Pay attention: the government can inflate the currency, inflating the debt. Another option is to simply raise taxes so that we the people foot the bill. Finally, it is possible to raise interest rates which will cause the market to automatically crash and put the nation in a new economic crisis.
In all above options it is interesting and important to have monero. Unlike what the polarised media shows, the majority of people around the world are extremely suspicious of their governments and will logically prefer to keep their wealth in a currency that protects them from the espionage apparatus that is being built.
I don't believe in this "irrelevance" FUD at all.

>> No.29410881
File: 406 KB, 854x1404, crypto-money-laundering.png [View same] [iqdb] [saucenao] [google]
29410881

Friendly reminder that the majority of Monero's future growth is projected to come from global criminal adoption (black markets, tax evasion, money laundering), not institutional investors or frenzied moonboys.

Therefore, all Monero has to do to succeed in the long term is continue being the premier privacy coin in function and by reputation i.e. maintain its already excellent FUNDAMENTALS.

Anybody that suggests FUNDAMENTALS don't actually matter is a bubblehead. The Hype Train can only carry you so far, FUNDAMENTALS is how you remain standing after the bubble bursts.

https://en.wikipedia.org/wiki/Dot-com_bubble

>> No.29411097

>>29377404
Don't feel bad broski we're all gonna make it

>> No.29411384

>>29410881
If the crypto bubble burst today, Monero would be one of the only cryptos to actually still be purchased because of use case.

>> No.29411596
File: 1.42 MB, 2325x1679, 1613692907020.png [View same] [iqdb] [saucenao] [google]
29411596

>>29406556
>>29406390
thanks anon

>> No.29411677
File: 1.70 MB, 1192x1084, europol-xmr.png [View same] [iqdb] [saucenao] [google]
29411677

>>29411384
>If the crypto bubble burst today, Monero would be one of the only cryptos to actually still be purchased because of use case.

Precisely. Most other crypto use cases have viable alternatives, payment for illegal goods and services on an online black market doesn't.

>> No.29411757
File: 349 KB, 1684x1067, n0f98qvf1ap51b.jpg [View same] [iqdb] [saucenao] [google]
29411757

>>29378533
that is monero waifu in real lifu

>> No.29411996

>>29404212
>Do you? Do you really?
number 258, yes: https://www.coingecko.com/en/coins/lbry-credits

>> No.29412050
File: 454 KB, 1001x823, mll25v5ad4w51.jpg [View same] [iqdb] [saucenao] [google]
29412050

>>29411097

Thanks anon

>> No.29412414

>>29407323
Faster transactions and lower fees than Bitcoin

>> No.29412539
File: 45 KB, 1070x154, the chad army.png [View same] [iqdb] [saucenao] [google]
29412539

newfags please leave
I was comfy at 4th jan with xmr at 130 bucks, I am comfy today with xmr at 225 bucks. I will always be comfy, I will always buy, and I will not sell

>> No.29412763
File: 3 KB, 115x90, 1609772990233.jpg [View same] [iqdb] [saucenao] [google]
29412763

>>29411996
Unbelievably based.

>> No.29412945
File: 99 KB, 1700x1750, 1613394574497.jpg [View same] [iqdb] [saucenao] [google]
29412945

>>29412539
Based.

>> No.29413636
File: 405 KB, 1024x1024, lain.jpg [View same] [iqdb] [saucenao] [google]
29413636

>>29409323
exactly this. I have monero because I do not trust some elite bankers to control the value of my money, and I do not trust the government to not increase the dial on taxes to 11. No one has your interests at heart, and through technology we can gain some freedom. Technology is an unstoppable force, and it's going to be painful for the people who want to control human behavior through currency manipulation & taxation.

It's true financial freedom. The freedom to own something. The freedom of privacy. The freedom to move my wealth out of my country to another, and the freedom to transfer part of my estate to any of my heirs without having the government put its nose in my business. The freedom from divorce rape, and the freedom of purchasing whatever I want, whenever I want. Monero is the part of my wealth that cannot be taken from me.

I read into the tech a long time ago while I was still in university (the cryptonote protocol). The tech itself is what I'm long on. Ring signatures are ingenious. The frequent hard fork mechanism to introduce updates is also a great solution for adapting a blockchain for new challenges.

Monero is genuinely useful to have.

>> No.29413826

>>29412539
sorry nigger I get to be here as long as I want and you'll never know when or how much I bought.

>> No.29413917
File: 230 KB, 706x680, sniff.jpg [View same] [iqdb] [saucenao] [google]
29413917

>>29413826
based nigger, you can stay fren

>> No.29414146

>>29377404
first time?

>> No.29414564
File: 92 KB, 512x400, 1613910990060.jpg [View same] [iqdb] [saucenao] [google]
29414564

Which one of you Monero chads made this?

https://www.youtube.com/watch?v=IprScr_TBGY

>> No.29414629

>>29413826
i too have been in this thread for an undisclosed amount of time and have bought/sold an undisclosed amount

>> No.29414800
File: 89 KB, 602x508, 1614028575594.jpg [View same] [iqdb] [saucenao] [google]
29414800

I hope your bags are packed monerochads

>> No.29414856

>>29414800
Amerimutt moment

>> No.29414915

>>29414800
Hah it's like the cynical man's goldmine.

I just wish my bags were heavier.

>> No.29415066

>>29410881
I thought some growth might come from men that split with women that wanted to avoid paying more than half+alimony.

>> No.29415113

>>29413917
>>29414629
frens
:)

>> No.29415182
File: 349 KB, 906x496, 1514780955113.jpg [View same] [iqdb] [saucenao] [google]
29415182

>>29415066
>I thought some growth might come from men that split with women that wanted to avoid paying more than half+alimony.

Some definitely will but it'll be a drop in the ocean compared to the worldwide proceeds of organized crime.

>> No.29415368

>>29414856
If World Government is rolling this out in the land of the free, do you think they won't do the same in your shithole?

>> No.29415763
File: 40 KB, 396x377, P1MOYiyI9_WySoWaB6oo5U9h3Rn5qbFhSjjcnEq4m1eYvGyMWr8XcIGKMdWFdFoXGSHK8zyaClgoj3kpHugedR26iQSNVCknm4cSqAA4xNijnA5HDBCDivvUWYWNcmTJAGscpYSZMTYyIcrDKhBNBiYQK_ac7w5-wrc.jpg [View same] [iqdb] [saucenao] [google]
29415763

>>29415368
>If World Government is rolling this out in the land of the free, do you think they won't do the same in your shithole?

Indeed. This is the wave of the future. Insanely bullish for Monero.

>> No.29415812
File: 574 KB, 1242x955, FE7F1449-DFB4-4FF7-85E3-D2A8D4BCCF8A.jpg [View same] [iqdb] [saucenao] [google]
29415812

>>29415368
>Copes in burger

>> No.29415972

>>29380774
Do you hold eth? You know eeth has an infinite supply? What about doge?

>> No.29416115

>>29414800
seems to be fake, got any link?

>> No.29416144

>>29380774
Inflation is lower than bitcoin for 5 years

>> No.29416169

>>29414800
they already had the question on the 1040 asking "did you receive, sell, send, exchange or otherwise acquire any financial interest in any virtual currency?"

>> No.29416246

>>29400529
>governments don't have XMR on their radar
They absolutely do.

>> No.29416301

Test

>> No.29416309
File: 22 KB, 400x400, cigar.jpg [View same] [iqdb] [saucenao] [google]
29416309

>>29416246
What are they gonna do about it?

>> No.29416444

>>29415972
or cake? I'm really curious what shitcoins all the xmr fudders are holding lol

>> No.29416706

>>29416115
Seems like I've been bamboozled. Sorry

>> No.29416826

>>29416309
nuhting

>> No.29417413
File: 2.87 MB, 1920x1080, 1587784432886.webm [View same] [iqdb] [saucenao] [google]
29417413

>MONEro iS IrreLevaNT BeCAUSe no One caReS AbOuT prIVACy

>> No.29417966

>>29382261
This is the XMR-chan for me.

>> No.29419134

Did we just hit a double bottom? Huge pump incoming.

>> No.29419245
File: 88 KB, 300x202, 0F00E156-ECFB-4A98-824D-B7BD91D379C3.png [View same] [iqdb] [saucenao] [google]
29419245

>>29416246

>> No.29420109
File: 3.17 MB, 3035x4299, monerochan_w_btcchan.jpg [View same] [iqdb] [saucenao] [google]
29420109

It's not that normies don't care about privacy, they do. The issue is they don't understand how Bitcoin works.

I just watched as it slowly dawned on one of my coworkers that Bitcoin is a public ledger. He had no idea that everyone he transacted with could see his balance and account history, and once I explained this to him his first response was "well surely there's gotta be a crypto out there that keeps that info private right?"

Monero is what normies just assume Bitcoin is.

>> No.29420163

what is /xmr/'s opinion on Grin, Nerva and Verge? Or any other privacy-oriented currencies/technologies I should look into. I've heard that Nerva is the White nationalist crypto of choice, but the shilling in the /biz/ archives is underwhelming.
what website or program do you use for exchange rate graphs? I'm looking for one that lets you graph multiple currencies at the same time.
I've only been looking into cryptocurrencies the last 12 hours, mainly using the /biz/ archives.

>>29409430
so what are your predictions for monero, bitcoin and possible regulation in the future? are they all going to crash, but maybe monero will still have some usage by dissident libertarian / alternative lifestyle communities? or do you think no regulation is coming? I've seen posts speculating that the NWO (((globalists))) will keep monero unregulated so they can hide their vast Jew gold wealth, but I don't see why they wouldn't be doing this already if this was their endgame.

>> No.29420681

>>29420163
It’s good to have competition but Moneros tech is solid, the community is is really good and very importantly it is actually being used so you have the network effect. I honestly don’t see a point to the other ones when monero already has this use case nailed and is the leader

>> No.29420764

>>29420109
Who is the artist for monero Chan? We should get them to make even more

>> No.29420846
File: 155 KB, 1450x1731, 148049869_2482700272026558_7495454555372823587_o.jpg [View same] [iqdb] [saucenao] [google]
29420846

how can XMR go higher than 2k this cycle?
please shill me I want to get into this coin but im a hessitant coward.

>> No.29420933
File: 1.44 MB, 720x960, XMRchiefcommanda.png [View same] [iqdb] [saucenao] [google]
29420933

SHOUT OUT MONERO MAN NUMBER ONE CRYPTO ON THE WHOLE PLANET MAN

>> No.29421035

>>29417413
Monero doesnt matter because no government allows privacy, and actively legislates it out.

>> No.29421040

>>29420846
it's a long term hold anon. If it pumps it pumps because everything else does and you're probably better off putting money into something available on all exchanges if you plan on selling high.

>> No.29421184

>>29420163
Verge is a proven scam. Anyone who was here in 2018 will remember.

>> No.29421244
File: 1.03 MB, 680x504, 1316975568001.png [View same] [iqdb] [saucenao] [google]
29421244

>>29421035
>Monero doesnt matter because no government allows privacy, and actively legislates it out.

>no government allows piracy and actively legislates it out.

>> No.29421291

>>29421040
How long for a 10x? 3 years 1year>?

>> No.29421344

>>29393001
Damn, I have a 5800X and my mining rate caps out at 5kh/s, wtf.
I got a block my first day solo mining though so now I do it to support the network for paying me in advance.

>> No.29421673

>>29421344
Memory speed makes a big difference. Keep in mind that if you have a memory kit over 2133mhz it is overclocked (JEDEC standard is 2133mhz) and you will need to enable X.M.P. in the BIOS or manually input timings to achieve the rated speed. Also a reminder that fclk uclk and memclock need to be matched when dealing with ryzen 3 for best results.

>> No.29421717
File: 659 KB, 1088x1420, BFEBD9B5-FE48-4929-8200-E01C301C57AA.png [View same] [iqdb] [saucenao] [google]
29421717

>>29421244
These cucktards never learn, they think government is full of 300 IQ men in black types with alien tech, when in reality the majority of their employees are just average Joes. Governments are utterly inefficient by nature and also corrupt. Trusting them is idiocy.

>> No.29422136
File: 123 KB, 420x420, 148212685-126998162632268-8115279052425736380-n.png [View same] [iqdb] [saucenao] [google]
29422136

>>29421291
10x in 3 years is guaranteed. Maybe even 100x. The reason I don't expect it to moon in 1 year is because most people are genuinely unaware of the fundamentals of monero, the issues of bitcoin, and only see monero as "another shitcoin".
But I'm very bullish on this and I genuinely expect monero to replace bitcoin one day. So take my advice with a grain of salt lol

>> No.29422414
File: 251 KB, 1146x1089, 1612462847997.png [View same] [iqdb] [saucenao] [google]
29422414

>>29419134
i thought double bottom meant a dump
like its trying to go down but there are limits/orders stopping it. but when they break it falls down.
idk

>> No.29422572

>>29421717
Anon you need governments and the free market. Sometimes government is better, sometimes free market. It's not one or the other.

>> No.29422837

>>29388369
China has like 61% of the BTC mining power and I'm sure winnie thee pooh can just go seize it if he wants

>> No.29422863
File: 68 KB, 935x753, monero.png [View same] [iqdb] [saucenao] [google]
29422863

what happened to the volume?

>> No.29423011

oh and anyone who calls them moneroj is a huge faggot. they're called neros

>> No.29423145
File: 230 KB, 329x600, 91d0be55e30f419cb7738723369bd4b8848f3b42.png [View same] [iqdb] [saucenao] [google]
29423145

>>29421717

>> No.29423303

>>29422863
Yeah wtf is up with that. very strange volume patterns.

>> No.29423307

>>29422136
I want to share your vision but how is this possible with an unlimited supply?

>> No.29423391

>>29422572
retard

>> No.29423468

>>29423307
How many XMR exist today and how many will exist in 3 years?

>> No.29423510

>>29417413
nice edit. kinda creepy that apple is advertising iphones as private, and after the san bernardino stuff people think it's not backdoored, even though the feds did get in with a backdoor eventually anyway...
but yea lol at retards who think the average pleb doesn't care about privacy
not that the plebs matter or even influence price action at all anyway. And obviously the people in power care about privacy, privacy for thee and not for me.

>> No.29423523
File: 437 KB, 465x544, rudd.png [View same] [iqdb] [saucenao] [google]
29423523

>>29423391
unironically based

>> No.29423709

>>29423307
>unlimited supply
just like gold, silver, fiat, stocks, bonds, ... ?

>> No.29424076
File: 64 KB, 709x417, 0_QKXPh-8tvW-GfNft_.png [View same] [iqdb] [saucenao] [google]
29424076

>>29423307
Well for one thing, coins are lost every day.
Monero will keep increasing the supply in a linear rate (think 432 XMR mined per day). This means the percentage increase will be very small on the first year, and getting smaller each year going towards 0%. See pic attached

But the upside of this is incredible - miners will forever be incentivised to mine so the network can stay alive, which is definitely not guaranteed for bitcoin

>> No.29424173

>>29423307
tail emissions, increase in difficulty and mining network maintenance
anyways, by 2040 we'll sure have more and better technology to use as cash, so XMR and BTC will be like the current PMs,
maybe the concept of "antique virtual gemstones" will be a thing by 2100 and make them even more expensive

>> No.29424396

>>29424173
Maybe but monero has hard forks to update tech so you never know what will happen. But yeah, it’s inevitable that new tech will come

>> No.29424411

>>29420163
>I've heard that Nerva is the White nationalist crypto of choice
You’ve heard wrong.
To answer your question: monero is king of privacy. Maybe look into wownero for a comfy community based on Monero.

>> No.29424437
File: 1.36 MB, 996x2048, file.png [View same] [iqdb] [saucenao] [google]
29424437

so what's the biz approved way to turn the weekly payout of eth i just got into xmr?

>> No.29424473

>>29424076
also notice how monero surpasses bitcoin only in 2040, even though their current supply is only 1 million appart

>> No.29424721

>>29424437
You can swap it on localmonero with me ;)

>> No.29424794

>>29382884
Well of course, if you plan to sell high then you should wait to buy low. Watch the price and buy when it starts rising again.
But if you don't plan to sell high, if you just want to hold for the long future, then it doesn't matter.

>> No.29424803

>>29424437
Doesn’t exodus wallet have a nice exchange feature?

>> No.29424926
File: 120 KB, 387x357, thinking2.png [View same] [iqdb] [saucenao] [google]
29424926

>>29424721
sure. what's your rep? i always prefer doing it with the community

>>29424803
i'll check it out, thanks

>> No.29424976
File: 371 KB, 1240x541, Screenshot 2021-02-20 185658.png [View same] [iqdb] [saucenao] [google]
29424976

>>29423303
it would seem like some manipulator is no longer manipulating.
hmm

>> No.29425108

>>29424926
https://localmonero.co/buy-monero-using-cryptocurrency-with-eth

Look for the cheapest, I think my price is better than some swap websites anyway

>> No.29425140

>>29424076
yes, and the claim that Bitcoin's inflation would be zero isn't realistic. it would actually go into negative inflation.
Monero could realistically reach zero inflation

>> No.29425211

>>29420163
>so what are your predictions for monero, bitcoin and possible regulation in the future?

Your predictions are as good as mine, anon. I don't know what will happen, to be honest. The only thing I can talk about is the project itself, the use cases and the community. The mathematics that Monero uses are way, way too complex for my skills but, as a developer myself, I often can feel (after some researches!) if a project is bullshit or not. Monero is legit. There are a lot of very honest and smart persons behind it!

>> No.29425625
File: 70 KB, 260x307, wallstreet aint shit.jpg [View same] [iqdb] [saucenao] [google]
29425625

>>29425211
checked
and remember, it doesnt take a genius to be a good investor

>> No.29426142

Just created my first wallet and performed my first transaction using the Exodus wallet. Should I continue using this app or switch to a new wallet in Monerujo?

>> No.29426274

>>29382884
Yes keep waiting we will see 100$ likely. Ideal scenario is 30$. That way we also drop of the top 100 so we become more private.

>> No.29426382

>>29424076
don't bother, anyone with a brain will figure this out on their own

>> No.29426469

>>29382884
It depends how hard btc dumps, the sat value isnt going much further down imo and I can see monero gaining hard in btc value it bitcoin continues to crab down.

>> No.29426506

>>29381065
Nice

>> No.29426538

>>29426274
Are you trying to summon the fundamentals dont matter idiot again?

>> No.29426692

>>29390911
Because BYC crashed. And even before that it started to lose bullish momentum. We are looking at a huge drop aswell. Since it failed to break ATH. Prob back to 30.

>> No.29426891

>>29426382
nah man I don't mind helping people who are genuinely interested to find out about the project. Better understanding and more adoption is good for the ecosystem

>> No.29427036

>>29404585
I have the weirdest boner rn
m-more?

>> No.29427097

>>29401265
I think it has pretty good potential actually. I recently saw a documentary about India where shit happens in Cash. However government is printing new bills forcing people to show how much cash they have.

Tbh XMR is perfect a for large scale black market economy which I can definitly see appearing over time. Not if but when.

Which will result in larger price. Atm this calm before the storm is nice for XMR devs to improve the protocol.

>> No.29427100
File: 21 KB, 640x480, images (85).jpg [View same] [iqdb] [saucenao] [google]
29427100

>>29399314
fuck yourself retard

>> No.29427200

>>29401706
It's not. The silk road wallet has 100,000 worth of BTC. It is also blacklisted so no way to cash out. This is just one example of many.

>> No.29427621

>>29427200
Can you explain the blacklisted meme to me? Can they not just use one of those websites like changenow.io or a mixer?

>> No.29427846

>>29425108
thanks a lot for the unknown amount of monero, anon <3

>> No.29428048

>>29422863
Exit scam

>> No.29428082

>>29424437

I'd recommend using Bitcoin for this. The transfer fees on ETH are absolute rape.

>> No.29428157

>>29428082
yeah, but the eth I mined anyways - maybe I can find some service that pays out in something that isn't so shit

>> No.29428217

>>29428082
Bitcoin has shit fees too.

>> No.29428295

>>29428157
Monero ocean mines whatever gives best profits and pays in monero. Lots of people here use it.

>> No.29428680

>>29427846
Many thanks, keep it safe for me <3

>> No.29428739

>>29428295
yeah, but mining ETH is way faster with my GPU (I also mine on moneroocean with my CPU though)

>> No.29429345
File: 55 KB, 422x512, 1613971852351.jpg [View same] [iqdb] [saucenao] [google]
29429345

What it feels like to hold Monero everyday

>> No.29429459
File: 20 KB, 282x179, E50F9BA7-5D04-4D64-93A0-59272CD9274E.jpg [View same] [iqdb] [saucenao] [google]
29429459

>>29429345
I think u meant this

>> No.29429466
File: 295 KB, 700x525, sum.png [View same] [iqdb] [saucenao] [google]
29429466

>> No.29429795
File: 53 KB, 717x363, 2021-02-22_22-01.png [View same] [iqdb] [saucenao] [google]
29429795

Lol what a shitcoin, completely diving while everything else is booming. No one believes it'll go up. This whole thread is just a cope.
This is just me being objective, you can say "b-but it's the only one you can use as currency..." No one cares, no one buying crypto right now is doing it to buy stuff or do smart contracts, EVERYONE who's in the market is only in it to make money. You guys are autists for not realizing this.

It's not that the market is "wrong", it's that there's nothing to be "wrong" about. It's not a mechanism to reward the best product, it's a mechanism to reward the people who read the market the best.

>> No.29430000

>>29429795
I do think it's shitcoin and underperforming but I don't know what talk about with "everything else is booming", unless you compare it fucking fantom or somethimg
ltc is right there with eth and link, tho off the tree currently on biggest -% but they switch places last few hours

>> No.29430177

>>29430000
xmr*

>> No.29430200

>>29429795
>usd value
Lel. Double bottom in sat value, once btc settles monero is seeing 800k.

>> No.29430258
File: 6 KB, 210x240, soy.png [View same] [iqdb] [saucenao] [google]
29430258

>>29430200
I hope you're right but this is you rn

>> No.29430313

>>29429795
>EVERYONE who's in the market is only in it to make money
which is why Monero is a long you fucking retard.
How much was Monero in 2016 prior to the '17 bull run?
>>29430000
>calling monero a shitcoin
waste of quads you retard.

>> No.29430420

>>29430368

New thread

>> No.29430716
File: 213 KB, 512x512, Monero-fox.png [View same] [iqdb] [saucenao] [google]
29430716

>>29429795

MoneroChads are going to make it because they aren't judging XMR based off the current price, or chart movements, but based off of fundamentals and real world utility.

I was comfy when it was $50, I was comfier at $150, and now I've reached Nirvana levels of comfy.

If you think this current market-wide dip means shit for Monero's long-term prospects you are retarded.

>> No.29431051

Bump I’m getting this thread to 12 hours if I gotta do it by myself

>> No.29432044

>>29431051
there's a new general
>>29430368