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/biz/ - Business & Finance


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29693874 No.29693874 [Reply] [Original]

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 [Embed]

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.29694000
File: 207 KB, 1106x1012, 1614221452232.png [View same] [iqdb] [saucenao] [google]
29694000

>>29693874
has anyone gotten robbed buying from a dude on localmonero?

>> No.29694768

Posting this stupid anime girl in all the monero threads makes us look retarded

>> No.29694999 [DELETED] 

To the anon in the last thread with the ranjeet scammer I was about to post my wallet before it got biker hope you see this brother! 84M1pc7hUUA7GgFmjvZbp6FKLcRMna5DWjD66rZRfPiZL6AiLyodHLTVW459XYR5AVTJVPxi2YsRrZ5PrWXun7FRHWmNreM Hope your xmr gets to 2k

>> No.29695129

Comfy

>> No.29695136

>>29694768
Will improve next time, anon.

>> No.29695323

Sell this shitcoin right now

>> No.29695549
File: 416 KB, 1451x2048, 1614285923315.jpg [View same] [iqdb] [saucenao] [google]
29695549

How viable is cross-algo mining on monerocean with an RX580? I joined too large a pool and my payout won't be for a fucking year at this rate.

>> No.29696098

>>29695136
Thanks for making this thread but wtf is your problem taking that shit from him? Fuck that queerbait piece of shit.

>> No.29696934

>>29694768
xmr-chan is hot, faggot

>> No.29697079

I want to fuck monero-chan

>> No.29697418

Daily reminder that Monero is a fed honeypot. For privacy, use LTC (with mimblewimble) or ZCash. XMR will only attract attention from the feds.

>> No.29698055
File: 196 KB, 361x362, 1613743472124.png [View same] [iqdb] [saucenao] [google]
29698055

>>29697418
>Daily reminder that Monero is a fed honeypot. For privacy, use LTC (with mimblewimble) or ZCash. XMR will only attract attention from the feds.

Be sure to inform the plebs over at r/darknet!

>> No.29698115

>>29696098
I feel it's kind of true in some way.

>> No.29698344

>>29695136
>>29698115
you are a faggot and shouldn't be making these threads then. Monerochan is what puts us above the other schizogenerals. You are a parasite for creating these threads. Let them happen naturally by people who actually have taste.
> [Embed]
cringe

>> No.29698359

>>29693874
so legit question, i know its gonna glow. i own xmr and am a microsoft using normie. i really would like to buy some mushrooms. could someone please walk me through how i could do that.

>> No.29698871

>>29697418
Thanks, I sold everything.

>> No.29699125
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29699125

>>29698359
>so legit question, i know its gonna glow. i own xmr and am a microsoft using normie. i really would like to buy some mushrooms. could someone please walk me through how i could do that.

dark D0T fail

Ask on the forums listed on ^ there. Or try posting on r/darknet.

>> No.29699261

>>29699125
kk thank you. im hoping the feds arnt interested in a small amount of mushies. i mean what can i do lmao

>> No.29699474
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29699474

>>29699261
>kk thank you. im hoping the feds arnt interested in a small amount of mushies. i mean what can i do lmao

They don't typically give a shit about recreational buyers so I wouldn't worry too much.

>> No.29699514

>>29694768
Wrong. You are the retard.

>> No.29699638
File: 190 KB, 500x1011, 5dced010b86ad4ec62545b2bc4941238.jpg [View same] [iqdb] [saucenao] [google]
29699638

>>29699261
Pay with Monero, use your real name and real address (not kidding), never buy a big quantity at once and buy from a seller from your country.

>> No.29699703

>>29697079
Same. The Monero-chan OC is legitimately good and unironically might be the reason I became interested in monero in the first place. She goes hand-in-hand with the generally superior quality of these threads and the posters here being the highest quality of /biz/ stock. I have genuinely fapped to some of these anime drawings. I also like if she filters the normies who are so out of touch that seeing lewd anime drawings on 4chan is embarrassing to them. These posters should be filtered because they're low IQ and can't detach from their own ego. This sort of person can only be no good.

>> No.29699901

>>29699703
> I have genuinely fapped to some of these anime drawings.

ngmi

>> No.29699914

>>29693874
I'm a retard and I've never participates in any sort of crypto whatsoever.

But I think the use case for monero is excellent and I want to support the project on principle, and maybe get paid a bit.

Should I even try mining? 5800x here. I know my setup would be good for it. But I'm retarded, so...

>> No.29699986
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29699986

>> No.29700064

>>29699914
im no expert but just try mining on the GUI client. simplest way i think to get started. if you wanna go further, XMRig i think is the name of the mining software most use here, also pools are a good way to go aswell.

>> No.29700233

>>29700064
That's where I'm hung up.

Would I be correct that the gist of solo mining is that it's all or nothing - either you solve the hash and get paid or you don't and get nothing for your work? And that pools would smooth out your returns by allowing you to share the rewards with everyone else who participates with a pool?

I already have the GUI but haven't really fucked with it yet.

Thanks.

>> No.29700322

>>29699703
Based coomer
>>29699914
Yeah anon.
What questions would you have? Download xmrig and join a mining pool. If you do it on the side you can make long term gains and also help support the network.

>> No.29700389

>>29694768
No I think we look retarded because we’re retards

>> No.29700547
File: 701 KB, 1920x3566, monero_chaaa_by_daredevil48_de3630o-fullview.jpg [View same] [iqdb] [saucenao] [google]
29700547

can it be comfier?

>> No.29700580
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29700580

Im reaching levels of comfy I didnt think were even possible

>> No.29700579

>>29700064
>>29700233
Solo mining Monero is very difficult. Even if you have a very good hash rate, getting a block is quite difficult. Solo mining does help support the network, so that’s based, but it’s basically a lottery ticket. If you join a pool you will get essentially guaranteed returns, although of course much lower, but still pretty good.

>> No.29700616

>>29700233
basically yes.

>> No.29700716

>>29700547
honestly i wanna see xmr at 300. will be so comfy then. thats my effective 2x price.

>> No.29700755

>>29697418
Doesn’t matter how much you fud, it’s not going below 200 anytime soon. Buy now

>> No.29700818

How long until xmr reaches all time high?

>> No.29700847

I have prayed to God for Monero to drop to 150 euro tonight, I need to get some on the cheap. I think that's why it's dropping. Don't worry if it dips low tonight bros, I've only prayed for it to drop to 150 but God knows I want it to explode right afterwards.

>> No.29700885

>>29700579
>>29700616
Thanks, I'll have to do some more research on this. I don't want to fuck up my rig but I figure I could leave it running while I'm at work and generate a few shekels.

Energy costs going up long term is no bueno

>> No.29701854
File: 371 KB, 800x800, danielkim.jpg [View same] [iqdb] [saucenao] [google]
29701854

>>29700847

hehehe not so fast I have prayed to Allah for Monero to drop below $120 after you bought but don't worry it will be explode afterwards

>> No.29702551
File: 2.04 MB, 1750x3353, monerochan4.png [View same] [iqdb] [saucenao] [google]
29702551

>>29694768
You're the retard, faggot. Monerochan is the best.

>> No.29703468

>>29695549
580 is still a great mining card, eth mining profits have been good too lately

>> No.29703683
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29703683

>>29698359
I buy growkits on clearweb
T. Yoropbean

>> No.29703790

>>29693874
Sir. What if governments outlaws privacy coins and binance/major exchanges unlists monero? I personally like monero but this shit makes me afraid of going in big.

>> No.29703870

>>29700579
I solo mine with an ancient tower getting 400h/s. I have never earned a cent from it and couldn’t care less.

>> No.29704249

>>29699914
Earlier today I setup the moneroocean pool. It's pretty easy, anon.

>> No.29704341

>>29703790
Just buy from localmonero. They have no way to know if you have any coin whatsoever.

>> No.29704519

>>29703790
That’s not how “decentralized” works.

>> No.29704662
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29704662

>>29703790
Govenments can't stop a decentralized network (see things like bittorrent and Tor).

They could ban the fiat onramps/offramps, and that would be annoying in the short term, but even then there will always be decentralized options (e.g. localmonero and Bisq) and there will always be countries without such draconian laws that you could VPN in to.

Not to mention atomic swaps. Once that's implemented governments would need to ban Bitcoin in order to stop Monero, and we're probably past that point for most countries.

>> No.29704672

>>29703790
so what's the point of decentralized crypto if you care what the government does? Just stick to fiat

>> No.29705902
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29705902

Bump

>> No.29705959

Do you guys saw this they mentioned Monero on a domestic terrorist financing talk

https://www.youtube.com/watch?t=5151&v=srCtXCY9GNg&feature=youtu.be

What are your thoughts?

>> No.29706341

Hello fellow anons! Boy, do I love monero. I'd love to get to know some of my fellow monero users. Feel free to post your email address here, and I'll be in touch!

>> No.29706358

>>29705959
>REEEEEE THEY WON'T STOP USING THE INTERNET MONEY
lmao get fucked fiatfags

>> No.29706481
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29706481

>>29706341

>> No.29706571

>>29705959
on a serious note though, they seem very unhappy with the fact that they have no control over the system currently and continue to say "we'll find a way to track it" without giving any information on it
Also, I genuinely laughed when he said "we need to make sure that those types of crypto currencies are banned", good luck with that

>> No.29706620

>>29705959
Could things be any comfier?

>> No.29706717

>>29700818
3, maybe 4. Possibly 5>>29703790

>> No.29706922
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29706922

>>29706571
In conclusion, they're mad they don't control it, they want to centralize it, but they know they can't, so they'll continue to be impotently angry about freedom like politicians always are
Stay mad fedboy, my digital dollar is worth 203 of your toilet paper prints because you suck at your job
Come and take it, if you can find it

>> No.29707087

>>29703683
uh how. i wanna grow my own mushiessssssssss. as well as also buy some cuz i wanna actually use some xmr lol

>> No.29707221

>>29704662
keep rehashing this for everyone chad. we need you.

>> No.29707292

>>29706341
jesus fking christ is this satire?

>> No.29707890
File: 364 KB, 1271x913, supportxmr.png [View same] [iqdb] [saucenao] [google]
29707890

>>29693874
Remember boys to support the network, run a local node and mine solo

>> No.29708118

>>29698359
buy spores from your market of choice, grow them yourself, get a test kit to confirm, then enjoy never having to buy them again
>>29699261
they almost never have the time, resources, or interest to go after you for something like that

>> No.29708274

>>29707890
Do you actually earn any XMR as a solo miner?

>> No.29708329

>>29707890
I wish I had the hashrate to make a difference solomining

>> No.29708397

>>29700755
Just did faggot. Next stop is under $100. Get out while you can, this coin is doomed.

>> No.29708446

>>29708274
No. There is no more profitable mining for any coin anymore. Sell everything now.

>> No.29708465

>>29694768
good. fud xmr. the price stays down and i buy more.

>> No.29708497

>>29707087
Growkits and truffels are legal in Holland

>> No.29708998
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29708998

>>29694768

>> No.29709077

>>29694768
This. Anime is faggy as hell. Might as well give it a bulge in it's pants and make it black.

>> No.29709298

>>29708274
>>29708329
i only found 1 block and this was short after we swicthed to random x

>> No.29709338
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29709338

>>29709077
Fuck you

>> No.29709445

>>29709298
it was most likely due to everyone having to move over to CPU mining, I don't think it's that doable anymore

>> No.29709467

>>29709077
>>29694768
anime is the anti-jew, just like monero

>> No.29709661

>>29709077
>comes to an anime website
>complains about anime
top newfag

>> No.29709664

>>29709338
>>29709467
Anime is essentially cartoon paedophilia and it's gross. Fucking coomers. Get a girlfriend and make babies faggots.

>> No.29709849

>>29709664
>clicks on anime webforum
>complains about anime on the anime board
back2rebbit

>> No.29710154

>>29707221
Also kyc exchanges and compliant merchants are pretty much the only way for them to trace xmr with methods like poisoned output attacks (similar to dust attacks) and timing analysis and so on. Money laundering and tax evasion are already illegal anyway, but xmr probably falls under the 1st and 4th amendment, I'm pretty sure it's similar in any civilized country.

>> No.29710159

>>29709664
> girlfriend
> babies
Thanks but no thanks. I had 3 girlfriends in my life but I realized long time ago that I'm way happier alone. If you can't enjoy a cute anime, it's ok. But there is no need to try to prove everybody you are a top Rambo chad. Nobody gives a fuck.

>> No.29710194

>>29709849
It's literally a Mongolian wool spinning message board. You are a digital pedo. Neck yourself.

>> No.29710328

>>29710159
Lol. Good. With all the people like you who don't want to reproduce will make the future less faggy.

>> No.29710688
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29710688

>>29709664
every time

>> No.29710771

>>29709849
>>29710159
>>29710688
this is not an anime website. we have containment boards for weebs, go there

>> No.29710985

>>29710771
Go to reddit, its anime free

>> No.29711020

I want to cum deep inside Monero-chan

>> No.29711084

>>29710985
reddit is for niggers and faggots like (You)

>> No.29711146
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29711146

>>29710194
must be new or a nocoiner, probably hold eth or dot which are created by literal pedos. or maybe just glowing.

>> No.29711252
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29711252

>>29710771
>this is not an anime website
yes it is, newfag

>> No.29711297
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29711297

>>29711084
>Hes still typing
you dont even own any xmr do you

>> No.29711428
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29711428

>>29710771
I'm more right-wing than the majority of people. I absolutely hate reddit and the current clown world we live in. But if this means it has to be drugs free, anime free, porn free and fun free, then I'll go back.

>> No.29711698

>>29711297
i didn't realize this was the xmr general, lmao. no i don't own any of your currycoin, faggot

someone in another thread said that "monero" literally sounds like a drunk brit trying to say "money" in spanish while asking his waitress for a bj.

this coin and general is for faggots, niggers, and trannies

>> No.29711813

>>29711698
>reddit spacing
you have to go back newfren

>> No.29711903
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29711903

>>29711698
>this coin and general is for faggots, niggers, and trannies

You forgot drug dealers, tax evaders and money launders.

>> No.29712168

>>29711813
i've always spaced my posts like this, it's easy on the eyes, unlike ur mum lmao

>> No.29712414
File: 354 KB, 1928x1240, 1610914174694.png [View same] [iqdb] [saucenao] [google]
29712414

>>29711698
Go back

>> No.29712492

>>29708397
>btc drops 3k
>xmr drop $1
yeah, xmr is fucking finished

>> No.29712497

>>29712414
make me, faggot

>> No.29713286
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29713286

>>29712497
>make me, faggot

>> No.29714310
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29714310

>>29711428
sauce on this?

>> No.29714423
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29714423

>>29708397
>Next stop is under $100.
so still higher than when i mined it

>> No.29714488
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29714488

>>29714310

>> No.29714576

>>29714488
based. you fucking rock anon

>> No.29714738
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29714738

>>29700233
>Would I be correct that the gist of solo mining is that it's all or nothing
Yes, solo mining with your own computer should be regarded as if you were playing the lottery. Meanwhile pool mining will actually give you some reward, but it will be very small and it might take a while until you can withdraw due to the very small participation on the overall work. Some people pointed out XMRig which is a very good recommendation, but you will need to read a little bit to set it up properly. If you want a quick way in just to see how it works, I recommend going on cryptonote.social and downloading the MoneroCart miner that they have. It's super straightforward and it has a chat feature so you can ask other miners (and the pool operator) questions about mining, etc, they're chill.

>> No.29715140
File: 1.02 MB, 896x1490, 1613967721315.jpg [View same] [iqdb] [saucenao] [google]
29715140

New non-KYC option: cryptiswap. I can't say how trustworthy they are in aggregate but they worked for my order of >1 XMR today.

>> No.29715322

>>29694768
She's the only reason I come here

>> No.29715530
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29715530

>>29709661
you're right
the nerve of these reddit newfags

>> No.29715564
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29715564

>>29710771
>>29709664
you're newfags and you should lurk more before posting literal feces in my website. I don't care about monero-chan but complaining about it on 4chan is actually quite retarded.

>> No.29715619

i want to invest in monero.
if i buy through binance, does that negate any privacy of the coin? also want to mine it.

>> No.29715692
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29715692

How many of you bought in since 11-12 February? are you regretting your decision? Are you concerned by things like this? >>29705959

most of the soothesayers in this general either bought in early and don't mind if it tanks back down to $20, or they haven't ever bought a significant amount of Monero and just like its use for freedom/privacy. Monero's accurate value should be in the double-digits, there is no way the ride-or-die monerochads will sustain over $100 when it's regulated. Too many normalfags are pushing up the price. If you really like Monero just wait until it tanks.

>> No.29715845
File: 89 KB, 640x651, fedorabaka.jpg [View same] [iqdb] [saucenao] [google]
29715845

>a different thread
>on an entirely different board
>and Fedoranigger is still ruining things
>on a subject that the US IC would very much like to disappear
Hey guys, just a public service announcement, this thread is literally being raided by the CIA because they're butt hurt. This faggot has a very distinct posting style and has spent years shitting up /pol/. His presence means XMR is the real deal, ironically enough.

>>29714738
The one gotcha with XMRig is you need to run it as admin/root because it tweaks your CPU settings to boost hash rate. Thankfully it's all open source so you can audit and do a personal build if you're paranoid.

>> No.29716069

>>29715619
they can see that you bought it but once you move it off the exchange they don't know what happens with it. I think most of us are fine with this because at the end of the day nobody can prove that you didn't lose the keys (they can't see the money moving from your wallet like they can with BTC).

If you really want it without anyone knowing then mining or buying from something like localmonero is the way to get it

>> No.29716169

>>29715692
>are you regretting your decision?
It hasn't been a month, anon. What would I be regretting?

>Are you concerned by things like this?
Not at all. Things get expensive in the dark market and so will monero.

>> No.29716234

What's the best us exchange to buy this shit coin? Kraken? I heard they were depositing it

>> No.29716521

>>29716234
>shit coin
When a coin is actually being used in the real world for its intended purpose, successfully, it is no longer a shit coin.

Also yeah, Kraken.

>> No.29716533

>>29706571
Just wait until they hear about what you can do with cash.

>> No.29716701

>>29693874
Bought my first xmr feels good

>> No.29716780
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29716780

>>29716701
>Q+

Trump approves

>> No.29716829

>>29707890
I'm close to a payout. I'll switch after that. No point in my hashes going to waste unless I'm going solo.

>> No.29716839

>>29715692
>Might as well be bitcoin fud copypasta from 2014

>> No.29717425

>BTC and shitcoins tank
>XMR up $3
heh, nice

>> No.29717483

>>29716701
that's great anon. welcome aboard. what wallet are you using?
>>29715619
nice anon! mining is really fun.
like that other anon said, getting Monero from an exchange is like withdrawing cash from an atm, so the government will know you extracted Monero on that day, but the trail ends there.

>> No.29717642

>monerujo updates
>completely fucking breaks
Good work

>> No.29717819

>>29717425
not nice. i want my buy order filled god fucking dammit. i am not going to just market buy [an unknown amount]

>> No.29717866

>>29717819
Just wait until BTC bounces back, it will return to normal as it always does
Today just further proves how much more stable XMR is

>> No.29717933

I just bought 1 xmr to send to someone and it left but I can’t tell if it went I’m new to Monero,
8Aa9cWvsW3WeWxwhKApRbRFca1xw4tNYFitUHMb4rLa5XVXfQNQBE67YgESV1dJCr189JNfczECLydzP3gj5YKa7Uxm5wo8
Is there a way to check that address to see if it went out right?

>> No.29718013 [DELETED] 

>>29717933
delete that shit
just check in GUI or google the command for CLI

>> No.29718053

r/buttcoin discusses monero

https://www.reddit.com/r/Buttcoin/comments/lrjxlt/what_do_you_guys_feel_about_monero/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

>> No.29718165
File: 21 KB, 291x302, 1393182853015.jpg [View same] [iqdb] [saucenao] [google]
29718165

>>29718053
>"I just used it to buy some drugs"
>Says the reddit user with a trackable account
Definitely reddit tier opsec

>> No.29718258

>>29711428
i'm more right-wing than you

>> No.29718832

>>29717933
https://www.getmonero.org/resources/user-guides/prove-payment.html

>> No.29719438

>>29718053
>https://www.reddit.com/r/Buttcoin/comments/lrjxlt/what_do_you_guys_feel_about_monero/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

Jesus those are some particularly shitty hot takes in that thread, absolute normie tier

>> No.29719469
File: 563 KB, 1736x2456, gentoo melty.jpg [View same] [iqdb] [saucenao] [google]
29719469

Holy shit, I just realized that "GET MONERO" is an anagram for "MR GENTOO".

>> No.29719686

I wonder if there is a way to disincentivize large mining pools to encourage more smaller pools and/or soloers. Is there some way that there would be a difficulty penalty if a pool had too high a percentage of hashrate? I'm only familiar with some other POW systems and just got into Monero. But it's something I've often thought about.

I pretty much gave up on thinking about it in BTC since the powerful mining cartels would never be interested in being *less* profitable, but since Monero hashrate isn't as centralized, perhaps it's something that could be proposed one day.

>> No.29719805

>>29719469
always bet on tux

>> No.29719815

>>29719686
Maybe any node/pool that gets more than 2% of blocks over a week gets zero rewards for any they find for the next X weeks where X = block rate percentage -2.

>> No.29719949

>>29719815
>>29719686
yeah and we could also make it so people we dont like never get block rewards haha
we could call it paypal or mastercard or visa and make it a centralized system with trusted third parties lol

>> No.29720031

>>29719949
Restricting large pools is the opposite of that.

>> No.29720077

>>29716521
Lmao aspie, thanks though

>> No.29720477

>>29720031
not only is it centralization because you need to have someone dictate what makes a pool 'large', as well as which pools are breaking the rules, it's also pointless because the pools can also simply split into smaller pools or setup a new node so you don't even accomplish anything

>> No.29720613

>>29720477
>not only is it centralization because you need to have someone dictate what makes a pool 'large'
That would be determined algorithmically by a protocol change, RandomX.2 or whatever. No hard forks without community buy in on the change.
> it's also pointless because the pools can also simply split into smaller pools or setup a new node
...thus splitting their hash rate and discouraging new users from joining any of them, which serves the long term goal of decentralization.

>> No.29720752

If we don't stay above $200 for the next 8 hours monero will literally end. I'm not joking falling below $200 will destroy this coin

>> No.29720876

>>29720752
You forgot to shill 0xMonero this time.

>> No.29721035

>>29720752
Hey Rajesh

>> No.29721142

>>29720876
>>29721035
I'm not shilling anything lads I'm just bringing the truth. We need to hold above $200 or else the coin will literally delete itself from all our wallets and no one will no where the fuck it went to since it's untraceable

>> No.29721547

>>29720613
>No hard forks without community buy in on the change
good fucking luck

>thus splitting their hash rate and discouraging new users from joining any of them
what??????
how do you determine if two small pools aren't colluding?

>> No.29721555

>>29703790
>outlawing something causes it’s demand to drop

>> No.29721596

>>29721142
its true, a monero transaction with 1 billion xmr in it just flew over my house

>> No.29721645

>>29721142
Sirs my monero coin has been deleted from my wallets. Good thing i upgraded most of it to 0xMonero

>> No.29721703

>>29721547
It would need to be at least 26 sub-2% pools colluding to perform a 51% attack. That's a bit harder to disguise.

>> No.29721729

>>29720613
There is a valid "meta" attack to this I can see, someone can simply run N pools under the control of the same entity, out of band of the internet. Not sure there is a way out of that other than the "large pool penalty" getting high enough that you have to keep splitting and making it an inconvenience to have to run a bunch of nodes.

>> No.29721735

>>29721703
here, read this post on le reddit
https://www.reddit.com/r/Monero/comments/6olf5l/mining_pool_centralization/dkimrpb?utm_source=share&utm_medium=web2x&context=3

>> No.29721788

>>29721555
based trips

Imagine thinking that getting rid of bot manipulation is bad.

>hey anon, I can't buy XMR on binance anymore, sell me yours
>yes, I will sell you one for $10k

>> No.29721836

>>29721703
how's that any harder to disguise than one pool performing a 51% attack...

>> No.29722001 [DELETED] 

88MwZXEGBtw8Jnh1pGLDDeGmux3ZhxS8r3FTuvDtWJctZ3t5GR6Dvn7EqN7R7Pm9zo6hrx7Rht2hAQRUqdXP5QqtFj9h59P
Any Christian monero chads that could bless me my life is shit and I’m about to lose my car don’t have anyone to to turn but I know you guys are good people, god bless you all I mean it.

>> No.29722007

>>29721735
Ah thanks, I figured I definitely was not the first (nor last) person to think about pool decentralization.

>> No.29722046

>>29722001
Have you tried sucking nigger cock yet?

>> No.29722126

>>29722007
yeah, i mean i'm not opposed to the concept itself, its just that it requires centralization to pull off in any real capacity

>> No.29722135

>>29721735
>linking Reddit
No.

>>29721836
More coordination required, easier to watch from packet sniffing, whether by a hostile government or someone watching traffc on his own node with Wireshark or whatever.

>> No.29722208

>>29722135
its literally an explanation by a monero developer on why the idea doesnt work. read it you faggot.

>> No.29722242

>>29722208
Monero developers using Reddit unironically makes me trust the coin less.

>> No.29722479

>>29722242
i dont care

>> No.29722794

>>29722242
Literally anyone can be a Monero developer

>> No.29723045

Someone please send me the list of the blacklisted BTC addresses.

>> No.29723296

>>29694000
>tttrrriiipppsss
I heard someone on here someone got ripped off for their amazon gift card lol. look for established vendors with 99% postive reviews. i use bisq, never had a problem

>> No.29723337
File: 73 KB, 1280x720, Attack on Interjection.jpg [View same] [iqdb] [saucenao] [google]
29723337

>>29719469
You lost one E.

>> No.29723402

>>29722242
I don't think reddit blocks vpns or tor though

>> No.29723450

>>29723402
Neither does 4chan with a Pass.

>> No.29723549

>>29723402
Reddit blocks Tor.

>> No.29723578

>>29694000
Robbed no but I sent cash by mail and the envelope was returned because the seller spelled the address wrong.

>> No.29723675

How do I into crypto investing?

>> No.29723741

>>29723450
True but they don't accept xmr lol, point being though I think people can still stay anonymous on there, but it might require js enabled so maybe not.

>> No.29723818

>>29723549
Really? I could be wrong then but I thought that was the case.

>> No.29723951

>>29723818
Yeah, I mostly use it with teddit.net when out of my home network.

>> No.29724153

>>29722794
I'm a monero developer. I used it to develop a cocaine habit

>> No.29724536
File: 23 KB, 291x291, 1533060849041.jpg [View same] [iqdb] [saucenao] [google]
29724536

>>29694768
>POZ ID

>> No.29724673

Monero is my only investment where it goes down I'm still comfy. My stocks, other crypto or home value dip and I sweat - Monero goes down and I smile and buy more.

>> No.29725453
File: 906 KB, 2544x4000, cope.jpg [View same] [iqdb] [saucenao] [google]
29725453

>>29694768
POZ ID

>> No.29725680
File: 90 KB, 898x960, 1608596039870.jpg [View same] [iqdb] [saucenao] [google]
29725680

>>29722242
>Monero developers using Reddit unironically makes me trust the coin less.
reddit is a huge platform, it would be absolutely retarded to not have a presence there. some of the core team uses reddit, some uses exclusively IRC, there's at least one that's ONLY on twitter (and on IRC with some random nickname I'm sure), etc. also, take your meds.

>> No.29725703
File: 2.55 MB, 3000x4000, 1585746308080.jpg [View same] [iqdb] [saucenao] [google]
29725703

>>29699986
chad

>> No.29726065

>>29699638
why not use the address of some who lived at your residence either before you, or at the same time as but has since moved out?

>> No.29726103

>>29719815
That wouldn't work. First of all, one person could just run a mining pool that is made up of many smaller pools and nodes. One organization could still control everything and it would be trivial to fool the network. Secondly, that goes against the basic capitalistic theories behind proof of work. The best way to prevent centralization is to educate people about how joining one of the top pools is directly against their self interest.

>> No.29726299

>>29704662
This is so very correct. They would need to have an all out ban / assault on crypto. But even then it wouldn't be every country and the tech in fundamentally decentralized even if it becomes too hard to convert to fiat.

>> No.29726549

>>29715692
I bought at 350 last cycle. I bought this week and the week before. I bought a few times under 200 bust missed out on most of the deal. All that being said, I am extremely comfy. Its not going to get regulated the way you think will destroy it, and if they try that then that means monero is exactly what we need. Who know what other shit they will try to pull on us.

>> No.29727203
File: 1.41 MB, 2325x1679, 16131331568.png [View same] [iqdb] [saucenao] [google]
29727203

>>29714488
delete

>> No.29727245

>>29727203
no don't

>> No.29727352
File: 2.50 MB, 2000x1100, kino.png [View same] [iqdb] [saucenao] [google]
29727352

>>29700847
>>29701854
based abrahamicgodlovers

>> No.29727442

>>29721142
bitcoin shit the bed to 47k, xmr still above $200
the crab wins again

>> No.29727497

>americans cant use binance
this is pain

>> No.29727527

>>29714488
HOLY FUCK WE DID IT BOYS I NEEDED THAT

>> No.29727599

>>29700847
I made a wish for it to hit $300 after reading a copypasta that told me to make a wish and share or else the wish wouldn't come true

>> No.29727638

>>29727497
get cakewallet on your phone, you can exchange to xmr there

>> No.29727710
File: 447 KB, 508x500, surfsup.png [View same] [iqdb] [saucenao] [google]
29727710

>>29707890
wait can't large governments and agencies just take over mining and hoard XMR? I'm new so I don't get it

>> No.29727742

>>29727710
that would take like hundreds of millions of dollars

>> No.29727776

>>29727742
implying the fed can't print off a billion at will and not tell anyone about it.

>> No.29727871
File: 1.12 MB, 1427x2300, monerowaifu37.png [View same] [iqdb] [saucenao] [google]
29727871

>>29714488
w-w-w-w-when did I take that picture..

>> No.29727936

I NEED 2 XMR ANON QUICK FUUUCK

>> No.29728062

Step 1 - Buy LTC through exchange.
Step 2 - Set up a LTC to XMR ChangeNOW transaction in Cake Wallet.
Step 3 - Send LTC from exchange to ChangeNOW wallet address
Step 4 - ???
Step 5 - profit!

>> No.29728128

>>29727776
The fed printing money is one thing. Going through the beurocrocy to get hundred of millions assigned to a project like attacking Monero is something else, especially if it's gotta be kept secret. They're always fighting the last war, they won't dedicate significant resources to abstract threats like Monero until it's too late.

>> No.29728226

>>29728128
i read that they were just talking about the dangers of decentralized currencies like this one though. when everything starts falling apart in the coming months/years, we may see a gov crackdown by taking over Monero mining and owing a significant amount of monero that way

>> No.29728260
File: 285 KB, 620x375, 1611685469984.png [View same] [iqdb] [saucenao] [google]
29728260

>>29714488
based. fuck jannies

>> No.29728279

>>29714488
1(4)488
checked for monero-chan's private address

>> No.29728300

>>29723337
Mr. E. Gentoo

The E stands for _________

>> No.29728335

>>29728128
The fed is the only sovereign institution in America. they don't ask the government for anything. and they can't be audited.
you have a lot to learn.
the only "power" the US gov has is to choose, out of a board of 8 people at the Fed, which person will represent the Fed to the US.
it's like going to the Chicago Bulls and choosing one of them to rep the Bulls. pro-tip they all have the same agenda and goal.

>> No.29728379

>>29728128
>significant resources
1bn is literally nothing. and they just print it or type it in to a bank account.
did you think they had to *work* for that money? lmao...

>> No.29728383

>>29727871
monero-chan is definitely the best cryptochan out of all of them. orange and black are my favorite colors. wish she didn't wear heels though

>> No.29728454

>>29728379
they just printed 5 trillion dollars but printing 1bn more to combat dissidents whom they fear are the biggest threat to their power is totally out of reach, right? lmao...

>> No.29728462

>>29728226
You would have to consistently and permanently out-mine literally every bored neckbeard on the internet, and justify to congress why consuming the entire power output of the Hoover Dam in perpetuity is worth causing a minor inconvenience for people buying weed on the internet. Even a 51% attack doesn't let you see past transactions.

>> No.29728501

>>29728379
>>29728335
>>29728128
by the way, this is why I stack silver and buy monero. ammo too as a given, but a mix or crypto and PMs will keep you safe from everything. 70/30 PM to crypto will keep you safe from the fedjew

>> No.29728507

>>29703870
based

>> No.29728521

Just commenting to say I joined the xmr family today on the dip with my 43 stacklet

>> No.29728601

>>29728454
Printing 1bn is one thing. Spending all of it on AMD CPUs hooked up to six nuclear power plants is entirely something else.

>> No.29728626

>>29728462
is it easier to mine using CPU vs GPU or something? Does that make it easier for small groups to outmine large agencies from taking over mining? I'm genuinely trying to learn asI only just started stacking monero for about one month.

>> No.29728714

>>29728626
Monero is specifically designed to favor independent miners using consumer-grade CPUs. The RandomX algorithm cannot be efficiently implemented on GPUs or more importantly on ASICs. The video in the OP has a good explanation of this.

>> No.29728839

>>29728714
okay, i will watch it tomorrow, im already going to sleep in a few anyway, just still curious about the coin.
Could you give me a rundown on how you could pay for services and goods on deep web markets? It's all anonymous you say right? Is there anything you should avoid specifically to avoid breaking opsec?

>> No.29728870
File: 193 KB, 1545x869, coomer.png [View same] [iqdb] [saucenao] [google]
29728870

>>29693874
P-p-post the thick one

>> No.29728966
File: 41 KB, 856x1146, monerowaifu27.png [View same] [iqdb] [saucenao] [google]
29728966

>>29728870

>> No.29728987

>>29723337
Santa technically should have gotten the attack Titan

>> No.29729225
File: 83 KB, 1000x1106, based.jpg [View same] [iqdb] [saucenao] [google]
29729225

>>29728870
goddamn coomers

>> No.29729416

>>29728128
>beurocrocy
I personally hate spelling this word and never get it right either. Stupid french

>> No.29729652

monerobros, i'm getting over 13KH/s mining on full cpu but I am able to browse the internet and youtube fine without and lag. CPU temp staying in the low 60s C

>> No.29729695

>>29729652
name of CPU?

>> No.29729700

>>29729652
that's damn fine anon!
what cpu do you have? Is this your first time mining?

>> No.29729757

>>29723045
you need to pay chainanalysis

>> No.29729814

>>29729652
Lucky bastard. I'm getting a tenth of that on twelve threads.

>> No.29729874
File: 54 KB, 700x500, 1610399379518.jpg [View same] [iqdb] [saucenao] [google]
29729874

Yeah I get money
Yeah my baby bad as hell
She send me kisses, shit, I can't even tell
I can't even tell
Even tell
I can't even tell
Even tell

>> No.29729877

>>29729695
the most cost efficient CPU: Ryzen 3900x

>>29729700
been doing it for a little while so I'm kinda new. Tried back in 2017 but I only had a laptop at the time and it was way too slow.

>> No.29729949

>>29729652
Stock cooler?

>> No.29730007

>>29729877
>Ryzen 3900x
I'm actually buying one of those this weekend. It's definitely one of the better value buys for mining random x.

>> No.29730114

>>29729877
oof that's a bit expensive. im not really interesting in mining though, for actual profit, I just heard it "strengthens" the network. is that true?

>> No.29730159

>>29730114
>I just heard it "strengthens" the network. is that true?
yes, the more honest miners the stronger the network in case an adversary tries to 51% attack it.

>> No.29730261

>>29730159
sorry but i don't understand. how do more "honest" miners protect from a 51% attack?

>> No.29730340

>>29730114
yes
more (non bad actor) miners = more computing power = need more computing power to take down the network
consider running a node if you have unlimited internet bandwidth, a pc you can leave on, but dont want to invest in hardware, theres a shortage of nodes right now. but there's no reward for doing so other than being a good person and feeling warm and fuzzy :3

>> No.29730439

>>29729949
360mm liquid cooler for the CPU

>>29730007
nice, you will have fun

>>29730114
not too expensive for me, especially since i spend so much damn time on the computer. i'm not mining for profit really, but with my hardware setup the electricity cost is small and it doesn't ruin my hardware or anything. my primary goal is to strengthen the network and make it more decentralized which is why i'm mining in a small pool. also it is just fun and basically "free" monero or at least no KYC

>> No.29730483

>>29730261
https://youtu.be/bBC-nXj3Ng4?t=1193
skip to 19:45
(its pretty much exactly the same for every cryptocurrency that uses proof of work)

>> No.29730493

>>29730340
alrighty, I'll do it. I like doing passively good things like that. I need to get away from my computer anyway a little bit more

>> No.29730521

>>29703790
If it's just for usage or savings they won't even know you have it.

>> No.29730571

>>29730340
was thinking about running a node but don't have great bandwith. also you need to open an incoming port on your firewall so i wanted to make sure i understand any security implication of that. plus, i would probably want to make sure it is using vpn / tor or something so i need to understand that too

>> No.29730618

>>29730571
If you're just mining for the keks you can put it on a Raspberry Pi. Solo mining has shit odds anyway.

>> No.29730696

>>29730483
oh I already tried discussing this up above the thread, but is it feasible that a 51% may occur anyway because of the gov trying to limit monero directly ?

>> No.29730784

>>29730618
yeah, i have a pi and some old laptops mining. but i just happened to buy a new gaming machine recently so i put the 3900x for mining. it's nice accumulating by just running your hardware, even if it's small. and i use a mining pool for more consistent payouts

>> No.29730798

>>29730571
>>29730493
iirc running a node uses between 100 to 200 gb a month
someone can correct me on this because ive never done it and i could be way off ( i would run one but im on university campus)
> i would probably want to make sure it is using vpn / tor or something so i need to understand that too
you would need a vpn that doesnt throttle speeds and wouldn't limit your bandwidth. you'd probably want to make your own private vpn using some cloud service rather than buying a 'regular' vpn service

also, you'll want enough storage space that you dont run out, but you can use pruning to limit the size of the blockchain stored locally

>> No.29730842

>>29730571
If you use a VPN the port won't get forwarded and you'll just be leeching. On your normal connection you might not need to make any changes to ports or anything. Just run monerod and type status after its been running a few minutes. If you get incoming connections then it's working to seed the network. You can confirm by looking at network stats in task manager or something.

>> No.29731008

>>29730696
maybe, but in that case if there were state actors working against the blockchain, we would probably take drastic measures and have to either use some kind of central whitelist until we could outperform them in computing power, or temporarily block miners in that country i.e. if china was attacking the network or the USA specifically, or make some drastic change to make mining on the hardware that the malicious actors are mining on less effective, or some other mitigating fork in the protocol which would probably be broadly supported if we were legitimately under attack by one or more states

disclaimer: im not an expert and the monero team would probably have a much better answer

>> No.29731121

>>29730798
>100 to 200 gb a month
that's not actually that much though

>>29730842
i'm running monerod with the the full blockchain, i think i usually get warning messages about a port being blocked. from what i heard its a router level thing i need to open
>If you use a VPN the port won't get forwarded
really, ok then

I think i saw a guide that you can setup the node with tor, that's an option

>> No.29731205

>>29731008
also i'll note that its already an insanely massive undertaking to 51% attack even monero. literally hundreds of millions if not billions of dollars worth of hardware needed - and they need to somehow get all that hardware and get it up and running before it becomes obvious whats going on. you either have 51% computing power or you dont

>> No.29731308
File: 182 KB, 1080x1004, Screenshot_20210226-062557__01.jpg [View same] [iqdb] [saucenao] [google]
29731308

>>29715692
Concerned for what? Only speculation volume has dropped, not adoption.

>> No.29731357

>>29731121
you would be surprised how many ISPs throttle if you go over a monthly limit, especially in remote / shithole places. even on 'unlimited' plans. since for 99 out of 100 people 'unlimited' just means being able to stream netflix videos when they want to

>> No.29731380

>>29731205
>literally hundreds of millions if not billions of dollars worth of hardware needed - and they need to somehow get all that hardware and get it up and running before it becomes obvious whats going on
And also before miners upgrade their own hardware.

>> No.29731493

>>29715692
>iT Will bE rEgULatEd
there it is again. he posted it again. god forbit the 'regulation' come into effect! we're dreading the day when the government announces that it's 'regulated'! when you try to sign a transaction and the GUI wallet tells you
>sorry bro, monero is regulated, you cant use it anymore
someone save us

>> No.29731536

>>29693874
Currently all in with OGN, should I sell half for Monero now? Or would it be better to tether up and wait for Monero to dip further?

>> No.29731549

>>29731380
yeah, and theres already a massive hardware shortage without states trying to buy enough miners to feasibly 51% attack lol

>> No.29731767

>>29715692
I'm not at all concerned by that talk.
The fundamentals still look excellent to me.

>> No.29731945

>>29728714
ASIC's can be made but the advantage they give are not significant, like 2X or something.

>> No.29731953

>>29731549
This might actually explain why Biden is so keen on fixing the chip shortage - so long as regular Americans HODL our guns, PMs, and mining hardware, ZOG is in a partial blood choke. Moreso if crypto takes off among normies.

>> No.29732978

>>29731121
Hosting a node is like seeding torrents.
Opening your port means you will allow peers to contact your node so you can relay them information. If you don't open your port, then you are just leeching off the network.

>> No.29733039

>>29694768
the monero girl is cute
i might get some bc of her

>> No.29733495

>>29714423
Dont tell peeps you facilitate dark market transactions.

>> No.29733538
File: 55 KB, 1021x574, love-is-war-kaguya-smile.jpg [View same] [iqdb] [saucenao] [google]
29733538

has anyone tried depositing XMR to huobi exchange??? it doesn't show up on the exchange transaction history even though it says that the transaction is sent from my wallet (yes the address is correct)

>> No.29734016

>>29733538
sometimes exchanges take extra time, check in a hour

>> No.29734265

>>29731493
I can actually see Microsoft blocking all known Monero wallet/miner binary hashes from working on Win10 via a mandatory update if that law ever passed.

>> No.29734311

>>29734265
>running this shit on windows

>> No.29734322

>>29734265
>Microsoft does something gay
>Now it costs $8 to get a liveUSB and load your wallet.
Oh no.

>> No.29734477
File: 47 KB, 474x479, 1614303762724.jpg [View same] [iqdb] [saucenao] [google]
29734477

>>29734311
>>29734322
Can't spell GETMONERO without GENTOO. As easy as it is to evade, such a block would definitely reduce adoption among the less competent.

>> No.29734726

>>29734016
anon.. i sent this 2 days ago

>> No.29734803

>>29734265
are there any examples of them doing something like this?

>> No.29735038

>>29734803
They already soft block most miners and wallets as potential malware via Windows Defender, including xmrig, the daemon, and the GUI wallet, making you click through Windows Defender's "actions" menu to allow. Upgrading to a hard block wouldn't be out of the question.

>> No.29735049

>>29714488
fucking finally

>> No.29735686

>>29726065
You think it's a smart idea but you risk attracting attention by creating a single focal point to investigate. Letters and packages will always come for you, but if a package comes for someone who hasn't consistently ordered packages there for a while, then you made their job a lot easier to try fishing the smoking gun if they were already in your tail.

>> No.29736038

>>29700885
Running your computer 24/7 does not damage it at all as long as you are operating at a safe temperate. Maybe fans could wear out faster, but no damage will be done to your CPU.

>> No.29736118

>>29736038
You're actually more likely to damage your computer turning it on and shutting it off every day. It's why servers last longer than Aunt Betty's Facebook Machine before letting the magic smoke out, aside from generally higher QA.

>> No.29736144

>every 2-3 hours, have to keep adjusting my buy order to ~10k sats lower than current ask
STOP CLIMBING IN SATS YOU FUCKING STABLECOIN PIECE OF SHIT I WANT CHEAPIES

>> No.29736335

>>29735038
Hard block is unlikely. Also people that want to mine will mine regardless of "policies".

>> No.29736385

>>29735038
Also Windows does not block wallets only Miners.

>> No.29736428

>>29736385
It blocked the GUI wallet for me on Win10 20H2.

>> No.29736555

>>29694768
Anime Website

>> No.29736615

>>29694768
(you) look retarded

>> No.29736647

>>29736428
Yeah because it has a miner built in for solo mining. It's good for decentralisation if people run it but I doubt many people do. Probably better to have a minerslees default version for Windows, as disappointing as it is.

>> No.29737682

Sat value holding up

>> No.29737779

someone said the other day "shit crashes because the people holding it suspect it's actually worthless" XMR is rock solid so I'm happy to hold

>> No.29738337
File: 38 KB, 801x814, 1607949186098.jpg [View same] [iqdb] [saucenao] [google]
29738337

>>29736555

>> No.29738723

Hey guys
I would like to add monero support to the lamassu crypto ATM servers. Which nodejs wallet would you recommend?
Would anyone like to participate in this?

>> No.29739338

>>29738723
Sounds fun, but I see all the prices denominated in Euros. Does Lamassu sell in the US?

>> No.29740243

Comfy monero thread

>> No.29740451

>>29739338
>Sounds fun, but I see all the prices denominated in Euros. Does Lamassu sell in the US?
They do, though we are not affiliated with them, we run software on our own machines
mail at comradar3@gmail.com if you’re interested in participating

>> No.29740658

>wake up
>See that Monero pumped a massive pump not seen In months
>Thread barely discusses the pump
>In fact the couple of posts discussing the pump are actually mad

/XMR general/ - The only place on biz that gets mad when their coin pumps.

>> No.29740835

>>29740658
It's a timing thing. Once more anons have sunk wealth into it there will be much rejoicing.

>> No.29740947

Is buying litecoin, transferring it to kraken then using it to buy XMR cheaper than buying xmr with a credit card?

>> No.29741143

there's actually people on other thread thinking btc is 'private enough' lol

it's worse than a bank transfer or credit card in terms of privacy

>> No.29741376

>>29741143
When you see black people on twitter talk about the value of privacy and their Monero stock is when you should sell. Every bit of objectively false criticism before that is a massive bullish sign.

>> No.29742051
File: 249 KB, 484x394, legendary drain ceo maaan rip ripsquad rip bladee.png [View same] [iqdb] [saucenao] [google]
29742051

>>29729874
Based thaiboy monegro
GTBSG forever

>> No.29742435

>>29734311
>not running the cli wallet on templeOS

>> No.29743178

>>29741376
My monero stock do be doing somin

>> No.29743397

>>29741143
It's one retard and he thinks he's building generational wealth by HODLing BTC. He's going to get an unpleasant surprise if he ever tries to cash any of it out.

>> No.29743443

>>29694768
I want reddit to go away. You don't belong here.

>> No.29744152

wtf was that?

>> No.29744228

>>29740658
Most of us are still accumulating so we like them cheap.