/biz/ - Business & Finance

[Anonymous No.30202958]

My favorite thing about this coin is that it does exactly what it’s supposed to. There doesn’t have to be a “Monero killer” unlike the bunch of “ETH killers” and “BTC killers” that were inevitably created since they both don’t scale. Monero already won the privacy space and the DNM space. Anyone who shills a “monero killer” gets laughed off. Why the hell would someone use piratechain or zioncash instead of a proven DNM currency? I wouldn’t be surprised either if XMR flips BTC. It’s only a matter of time before people start jumping ship to a crypto that actually does what it’s supposed to.

[Anonymous No.30203120]

YOU GUYS ARE FUCKING LYING LOOK AT XMR/BTC CHART I FUCKING HATE BIZ THIS SHIT IS JUST CRABS I’M FINANCIALLY RUINED

[Anonymous No.30203281]

Stay poor chainlink is making me rich.

[Anonymous No.30203350]

>>30203120
>2016: .001
>2021: .0045
>selling at the bottom

When BTC dominance falls again like it did in 2017 and alt season comes, you will be roping, I guarantee it.

[Anonymous No.30203353]

Has there been a stress test on Monero network to confirm scaling?

[Anonymous No.30203381]

DNM is illegal so there is almost no potential for growth

[Anonymous No.30203447]

the prob is that the majority of ppl and investors only go for the prime coin...
they dont care about useability

[Anonymous No.30203518]

>>30203353

No I didn’t sell it I bought it at like 0.005 I believe it’s a good project but this shits dying

[Anonymous No.30203675]

>>30202958
Comfiest hold of them all. A rallying cry for freedom, defense against the overbearing state, a shield from corporate surveillance. XMR symbolizes all good things and underlying principles that made the internet great. No wonder it cant get any comfier.

[Anonymous No.30203918]

>>30203675
This post smells a bit like s*y but I guess it is true. XMR does give off an early internet vibe.

[Anonymous No.30203979]

>>30202958
Were you the anon I was talking to about getting started with Monero? We were talking in this same thread but I can’t find him 85wbpdwwqbV48zYRjn3XsycH52jKMB58xN3iGbyvAPqgZoavgewEjQXevZjiJHQgx7aXkwiXuq4JqM3eviaaAGqUUstsqhe if you see this!

[Anonymous No.30204085]

>>30202958

ASKO here.

You had your chance to get a real coin, but instead you went with this worthless shitcoin.

Have fun rolling in shit. We're headed to the moon.

[Anonymous No.30204340]

>>30203353
In theory TPS is limited by bandwidth/memory. See here:
>https://monero.stackexchange.com/questions/405/how-many-transactions-per-second-can-the-monero-network-handle#414

Whereas bitcoin has a strict TPS cutoff of 7 due to block size and block time. We haven’t had a “real life” stress test because we aren’t pushing the limit yet in terms # of transactions.

[Anonymous No.30204366]

>>30204085

[Anonymous No.30204419]

>>30202958
monero scales among one of the worst in the swarm tho.

[Anonymous No.30204461]

>>30203518
This happens every bull run you impatient fucktard. It begins with a massive Bitcoin Season to make the maxis feel good about themselves, and once Bitcoin starts crabbing all the money flows into alts and alt season happens.

[Anonymous No.30204618]

>>30204340
not exactly true, also when talking about scaling we are talking about the tx/sec per burden (aka the increment on block size). linear scaling means you increase the blocks to get proportionally more tx-es. exponential scaling means every block increase allows for exponentially more transactions per second.
which is achieved in bitcoins case by taking the majority of small payments off-chain. this among other things allow for faster payments with lower fees but also allows for less shared global burden.

[Anonymous No.30204730]

>>30204340
oh and one more thing. pruning the monero blockchain is hard to impossible. pruning the bitcoin blockchain is a trivial task because we know what outputs have been spent.

monero transactions are also man many times larger than bitcoin transactions that have been really trimmed down thanks to segwit.

it's a different world but monero is not playing ball in the scaling game. it's sitting on the bench.

[Anonymous No.30204761]

You know why i hate this coin? Because genius pajeets and chinks are doing everything they can to hack every fucking device on the planet and turn it into a mining bot. Pretty much everything i own is pwnd by some pajeet

[Anonymous No.30204935]

>>30204461

So you're saying this shits gonna drop more on BTC 0.0025 and when btc crabs it will moon to 0.005? KYS

[Anonymous No.30205207]

>>30203675
This. I'm not even in it for financial reasons, the money is just a cherry on top. I like the tech and I like the theory and philosophy behind it. Simple as. Fuck centralization fuck the surveillance state and fuck get rich quick scams

[Anonymous No.30205441]

>>30202958
Monero is inevitable.

[Anonymous No.30205622]

>>30203381

[Anonymous No.30205711]

>>30203381
Drugs and money laundering are illegal so there is almost no potential for growth

[Anonymous No.30205906]

80/20 btc, xmr here

[Anonymous No.30205985]

>>30202958
>piratechain
Piratechain is a dangerous french CIA scam. Don't fall for it

[Anonymous No.30206085]

>>30204618
>>30204730
Monero transactions have slimmed down to ~2kb since bulletproofs were put in place, compared to 250 bytes in btc. It has to be more because it uses ring signatures. Thats ok because disk space is the least concerning bottleneck. Consider picrel. Not to mention, monero pruning is already in place.

Clearly off chain transactions are not accessible or understandable to most people who own bitcoin right now (as evidenced through the current transaction fees on the network that people are willing to pay).

If I am proven otherwise in the future, then fine. Otherwise, bitcoin is not usable in its current state other than for large $ transactions.

[Anonymous No.30206107]

50 XMR reporting, enough to make it in 2 years?

[Anonymous No.30206169]

>>30206085
Woops. Picrel lol

[Anonymous No.30206219]

>>30206107
2 years maybe, 5 years probably, 10 years absolutely.

[Anonymous No.30206272]

>>30203675
Based as fuck

[Anonymous No.30206377]

We're all going to make it.

[Anonymous No.30206405]

>>30202958
zooko sends his regards

[Anonymous No.30206728]

>>30206219
almost good enough, adding another 50

[Anonymous No.30206779]

>>30206405
And fluffy sends his

[Anonymous No.30206791]

>>30206728
Based.

[Anonymous No.30207834]

>>30206085
>Not to mention, monero pruning is already in place
how? i know a few theoretic possibilities but they all seemed so god damn cumbersome and absolute half measures.

[Anonymous No.30207968]

>>30203447
not a problem.

[Anonymous No.30207992]

>>30206377
Why did it drop in Februari 2021?

[Anonymous No.30208002]

>>30206085
>bitcoin is not usable in its current state other than for large $ transactions
adoption is a bitch but now we have goo economic incentives.
in 2021 exchanges still hadn't implement lightning for inter-exchange transfers and for private wallets going in and out of custody quickly and off the blockchain.
i don't know what the actual fuck they are doing but ince that in place you will see lightning adoption blow the fuck up.

[Anonymous No.30208042]

For the tech lovers.

Check Mochimo

Share the thoughts with me

[Anonymous No.30208060]

>>30202958
Is there a decentralized finance ETH-XMR pathway?

[Anonymous No.30208663]

>>30207992
Februari has 10% less days than other months, as you can see BTC transaction count also dropped by around 10% in Februari.

[Anonymous No.30208948]

>Bitcoin and wider crypto adoption relies on normies wanting to use Crypto instead of fiat despite Crypto being 10x less efficient than fiat

>Monero adoption relies on people wanting to do sketchy shit which Monero is 10x more efficient at than fiat

lol

[Anonymous No.30209087]

>>30203350
if I had 1 xmr for every time I've read someone say that it's the bottom...I would have a lot of xmr

[Anonymous No.30209152]

Satoshi likes Monero

[Anonymous No.30209260]

>>30206219
im similar bro, we will make it in a few years. just HODL like your Financial Liberty depends on it, because it does. One day we will be proven right.

[Anonymous No.30209423]

Ignore people talking about the price of Monero. The market may go up or down, it doesn't really matter.

What matters is that Monero is actually adopted by the Darknet, Terrorists, Stormfront, North Korea, Iran and Ransomware hackers.

Why does that matter? Because it demonstrates that Monero is actually the most private coin in existence. And the fact that it is actually the most private is inevitably going to attract big money. Tax evasion, corrupt embezzlement. But also Chinese citizens trying to hide their wealth from uncle Xi.

These elements basically guarantee that in the LONG TERM Monero will outperform other cryptoprojects. These markets are already higher in value than the marketcap of gold so the potential of Monero (hidden wealth) is higher than Bitcoin (Just digital gold).

[Anonymous No.30209550]

>>30209152
nick szabo
nakamoto satoshi
nicolas van saberhagen
could be or maybe not we may never know

[Anonymous No.30209839]

>>30208948
>despite Crypto being 10x less efficient than fiat
Unless you use... NANO

[Anonymous No.30210224]

>>30209550
why are you pretending that sergey nazarov isn't satoshi nakamoto?

[Anonymous No.30210267]

>>30209839
Nano is the only crypto that has forced several exchanges to maintenance the whole website because of broken deposit wallet. Worse than fiat.

[Anonymous No.30210559]

>>30210224
he just looks dumb to be honest and he is not a coder.

[Anonymous No.30210627]

>>30203447
https://finance.yahoo.com/news/cypherpunk-holdings-inc-announces-corporate-215700164.html

Retards always get left behind. Ngmi.

[Anonymous No.30210793]

>>30210267
>trusting wops
Never happened, or somehow it only affected the one exchange that exit scammed... Sketchy

[Anonymous No.30210845]

ou are anon, you didn't start shit.
Stop with the stupid shills that aren't about making money
this scammers never know cool project to advise
>Buy no worry about it, hold SWG and wait for swirge development