/XMR/ Monero General

[Anonymous No.30344885]

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.


Essential viewing: https://www.youtube.com/watch?v=wq6w03E2DS4


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
NOTE: MYMONERO FOR ANDROID IS A SCAM. DO NOT DOWNLOAD ON GOOGLE PLAY.

[Anonymous No.30344945]

>>30344903
What scandal?

[Anonymous No.30345226]

[in good mood today No.30345282]

>>30344885
recently /xmr/ generalls always reach bump limit ore get very close to it. New threads are created immediatly.
very bullish.

[Anonymous No.30345306]

>>30344885

>$250 stablecoin
>$220 stablecoin
>$200 stablecoin
YOU ARE HERE
>$150 stablecoin
>$100 stablecoin

[Anonymous No.30345340]

>>30345306
>$100 stablecoin
>$1000 stablecoin
>$10000 stablecoin
>$100000 stablecoin

[Anonymous No.30345350]

>>30345306
Based. Infinite inflation bug is sending this thing to 0.

[Anonymous No.30345429]

Reminder that there will be a Community Workgroup Meeting at 17:00 UTC

https://www.monerooutreach.org/monero-calendar/

[Anonymous No.30345688]

[Anonymous No.30345726]

LINK maxi here. I've decided to put about 50k into XMR. How important is it for me to run my own node? I plan on using a VPN if i go through any remote node, but what does running my own node entail? If it's basically on autopilot i may do it, but i don't plan on babysitting this position.

Basically, why would i run my own node if i just want to hold to hedge against the digital prison we're all being herded towards.

[Hodlen Caulfield No.30345747]

>>30345306
wow you just love to keep posting that over and over

[Anonymous No.30345762]

>>30345306
>faggot
>faggot
>faggot
YOU ARE HERE
>faggot
>faggot
>faggot

[Anonymous No.30345832]

>>30345726
Helps the network grow and make it easier for others to escape the prison. If every holder did this, the feds couldn't fuck with the network as much in order to take it down.

[Anonymous No.30345841]

>>30345726

Dont invest more then 3k

Into Monero in case it has a rough few weeks before sky rocketing

You will panic sell if it dips a little if you invest too much

[Anonymous No.30345850]

[Anonymous No.30345881]

>>30344885
I say it again, fag: Privacy is a basic human right. Stop linking illegal stuff to monero.

[Anonymous No.30345888]

DOOMPA
*BANG BANG*
DOOMPA
*BANG BANG*
DOOMPA
*BANG BANG*

[Anonymous No.30345900]

Anon check this out

$MCM

Future of crypto

[Anonymous No.30345906]

>>30344945
probably talking about when bitmain was secretly mining with asics which is why randomx was implemented. Idk much about the forks except there was monerov which revealed the key image reuse exploit and there are also non-malicious forks like loki and aeon

[Anonymous No.30345911]

>>30345726

Did you already put 50k into it?

You should just do $2000

If it dips 10 percent when you have 50k in it you might panic sell and not make 30-40 percent in the future.

[Anonymous No.30345985]

>there are STILL maxipads on /biz/ who don't own an undisclosed amount of monero

[Anonymous No.30345999]

Also Dont pay more the 220 a coin right now

[Anonymous No.30346042]

>>30345881
based israeli 'art student' poster

[Anonymous No.30346059]

>>30344885

Please Don t use pics that link crimes with Monero OP just use Monero Chan when starting threads

[Anonymous No.30346062]

>>30345911
>panic selling XMR
ngmi, fren

[Anonymous No.30346096]

>>30345832
How labor intensive is it to keep it running? Any good literature on breakevens based on CPU and energy costs?

>>30345841
>>30345911
I won't stress about 50k. Again, this is a hedge -- if it turns out to have been a smart idea, short term dips won't make a lick of difference

[Anonymous No.30346111]

>>30345841
>>30345911
>down about 90% from ath in USD and sats
>down about 30% from the local high in USD and sats
This is the dip. What are you waiting for, for it to go to $0?

[Anonymous No.30346148]

>>30345999
200*

[Anonymous No.30346155]

>>30345726

Did you only put $50k in?

Don't invest less than $300k

You will panic buy if it moons too much but it will already be too late and you will never have as many XMR as you could have.

[Anonymous No.30346164]

>>30346062

Well monero is down a little I would ate see someone invest 50k and panic sell the minute he sees a dip

[Anonymous No.30346191]

>>30346155
Checked, guess I'm going all in

[Anonymous No.30346261]

>>30346096

Theres youtube videos on mining Monero you need decent specs for your PC its why the pajeets cant mine it

[Anonymous No.30346290]

I unironically want tainted bitcoins for monero. I can’t take this shit anymore.

[Anonymous No.30346299]

>>30346148

It will be over 200 on monday

[Anonymous No.30346306]

lmaooo
>want to become a whale
>go for trash 3lvl scam
>fail with everything and wee in the corner

you shouldn’t be a smart ass to understand what project to invest in
my purse with enq and their node systems are bestoption for this year

[Anonymous No.30346318]

>>30346290
Then leave. We don’t care moonboy faggot.

[Anonymous No.30346331]

>>30346191

Your nuts investing more the 3k

It will only hit around 800 a coin in August at best

[Anonymous No.30346342]

>>30344885
https://twitter.com/CryptoMorpheus_/status/1362071788679790594?s=19

[Anonymous No.30346426]

>>30346059
>Please Don t use pics that link crimes with Monero

Superior privacy tech and criminal adoption go hand in hand, Monero has been linked to crime since the darknet markets started adopting it and this association will only get more pronounced as major crime syndicates begin adopting it.

In other words, no matter what we say or do, no matter whether we like it or not, Monero will inevitably be characterized as a "crimecoin" by governments and the media, so as libertarian shitposters we may as well wryly acknowledge it with zero-fucks given.

[Anonymous No.30346438]

digits and i sell all my bitcoin for monero

[Anonymous No.30346453]

>>30346290
unironically buy some tainted bitcoin for a 50% discount after atomic swaps goes live and then dump it on some unsuspecting pajeet for market price

[Anonymous No.30346514]

>>30346342
bullish

[Anonymous No.30346555]

>>30346342
Szabo originally liked these tweets... But I think he thought it would be better not to show himself like that.

What would happen if Satoshi swapped his bitcoins for Monero?

[Anonymous No.30346579]

>>30344885
nobody wants your pedocoin

it's not even on coinbase and got removed from few exchanges that held it

fuck off

[Anonymous No.30346605]

>>30346579
stay mad irs

[Anonymous No.30346614]

>>30346579
>nobody wants your pedocoin
>
>it's not even on coinbase and got removed from few exchanges that held it
>
>fuck off

[Anonymous No.30346628]

>>30346579
rope asap

[Anonymous No.30346640]

>>30344885
"Anonymity for many by many” Cannot exist in a moral Vacuum. Sentinel OP

[Anonymous No.30346711]

>>30346605
cope reply

if one wants, they can easily avoid taxes with Bitcoin

if they want to buy drugs they can do DEX swap BTC<->XMR and do their thing.

No need to hold this shit and lose on opportunity cost BTC gains like a dumbass. Pic related.

[Anonymous No.30346758]

>>30346711
Don't you have some rugpull to become a victim of?

[Anonymous No.30346762]

>>30346711
>if one wants, they can easily avoid taxes with Bitcoin

[Anonymous No.30346773]

>>30346628
>>30346614
>>30346605
>>30346514
>>30346453
>>30346438
>>30346331
>>30346318
>>30346299
>>30346290
>>30346261
>>30346191
>>30346164
>>30346155
>>30346148
>>30346111
>>30346096
>>30346062
>>30346059
>>30346042
>>30345999
>>30345985
>>30345911
>>30345906
>>30345900
>>30345888
>>30345881
>>30345850
>>30345841
>>30345832
>>30345762
>>30345747


0 arguments detected

seethe pedocels

[Hodlen Caulfield No.30346788]

monero transactions growing monthly, posted by the devs today

[Anonymous No.30346814]

>>30346758
>>30346762
notice lack of arguments and void of debunking in these "counter" posts lmao

[Anonymous No.30346815]

>>30346579
>nobody wants your pedocoin
I do.

[Anonymous No.30346838]

>>30346788
>monero transactions growing monthly, posted by the devs today

Organic Growth is Best Growth

[Anonymous No.30346880]

>>30346814
Why are you being emotional over money? Do you get this emotional every time you encounter an opportunity to make money?

[Anonymous No.30346903]

>>30346838

Well that s what makes Monero a real crypto currency is people actually is it to transfer funds for goods

Its not just a speculator coin.

[Anonymous No.30346928]

>>30346814
>notice lack of arguments and void of debunking in these "counter" posts lmao

Your initial claim is retarded to begin. Bitcoin has shit privacy & fungibility with mixing being equally problematic.

[Anonymous No.30346972]

Why is XMR so undervalued? It jumped recently but out of ALL the usable cryptos its one of the best by a long shot, XLM/Nano are great but not private.

[Anonymous No.30346982]

>>30346711
>Captura de pantalla 2021-03-06 a las 17.23.46
stay mad Enrique

[Anonymous No.30347005]

>>30346579

I found the Pajeet scammer with 2 cent shit coins

[Anonymous No.30347033]

>>30346191
be that chad you know you are. monero welcomes you. this is not a moon mission, this is a trip to mars, and preflight will take awhile.

[Anonymous No.30347125]

>>30346972
because there are whales out there that probaly own a 200,000 dollars worth of the coin that they bought at 100 dollars a coin.

That s why I told that guy not to buy 50k worth you buy too much at once the price per coin dumps

You got to slowly chip away at the whales

[Anonymous No.30347198]

>>30346972
my guess is either real suppression by whales, or pumping is literaly dictated by retail speculative investing and most of em are just too dumb or scared to speculate on it and choose food coins to spec on instead.

[Anonymous No.30347200]

Just bought my first stack of Monero. It was pretty goddamn difficult to buy.
I could easily imagine a normalfag finding out about XMR, wanting to buy in, but then giving up when they realize it's not listed on their exchange. It's pretty impressive that in spite of that the coin still is in the top 20.
Analysts have predicted that XMR will increase in the future due to various factors, like the blackmarket. This means XMR will probably only rise in predominance over other alt-coins, potentially breaking into the top 5 list, if not the top 10 list.
I'm sure everyone here already knows this, but what the analysis probably don't account for is that as XMR becomes more and more popular the exchanges will likely be willing to put up with more and more trouble and paperwork in order to list it. Which means that more normalfags will buy it, which means higher price, which means more marketcap, which means more exchanges will have it available, which means even more normalfags buying it, higher price, higher marketcap, more exchanges, etc.
tldr: The predictions for Monero are a lowball estimate

[Anonymous No.30347202]

>>30346711
The duality of newfags >>30286806 lmfao. Imagine using CMC in 2021, or linear scale on long term crypto charts, or not using candlesticks. Chinga tu madre pendejo chupa mi pito.

[Anonymous No.30347218]

>>30346982
>>30347005

0 arguments detected

I showed you chart which confirms that Monero is a shitcoin as an investment. It is good for utility, but only an idiot would "hodl" it when it loses out to Bitcoin big time.


What you think actual financial institutions will ever hold some druggie coin? LMAO

[Anonymous No.30347257]

>>30344885
stop ussing legally shit image for XMR general

Most are in XMR just for privacy and will pay their taxes.

[Anonymous No.30347282]

>>30346880
This is /biz/ board and I'm posting factual data that confirms that Monero is a poor investment as it loses out to Bitcoin in long term and if someone wants to buy from dark markets they can always swap their BTC<->XMR via DEX, buy the shit and be done. There is no need to "hodl" Monero. Monero is also aweful, because more and more exchanges will remove it due to KYC issues. Bitcoin can claim it has a transparent blockchain, therefore it's ok for banks and financial institutions to hold.

[Anonymous No.30347289]

>>30347198

There is whales holding huge amounts

And they did not buy it for pennies like a pajeet coin but they also didnt pay 200 a coin

[Anonymous No.30347316]

>>30347218
Umm there are plenty of criminal activities that XMR facilitates that dont include drugs (directly) lets keep it civil, its a crimecoin not a "druggie coin"

[Anonymous No.30347324]

>>30346928
> Your initial claim is retarded to begin. Bitcoin has shit privacy & fungibility with mixing being equally problematic.

That is a GOOD thing that Bitcoin has shitty privacy. If it had "good" Monero tier piracy, it wouldn't be at 50'000$ right now hedge funds sure as hell wouldn't be buying it.

[Anonymous No.30347334]

>>30347218
>What you think actual financial institutions will ever hold some druggie coin? LMAO
this was said about bitcoin back in 2013, I guess you;ve been living under a rock and just heard about btc last week

[Anonymous No.30347407]

>>30347282
Are you actively trying to be poor? Is this what it's like to be a dumb spic?

[Anonymous No.30347453]

>>30347218

Its not a crime coin or druggie coin

If i do repairs for equipment and I have to buy overseas I might not want tonuse but coin because my competition can see how much i paid for materials and supplies

And might place a bigger order then me to get a lower price in bulk pricing me out if my repair business

[Anonymous No.30347598]

>>30347218
>What you think actual financial institutions will ever hold some druggie coin? LMAO

If you've ever bothered to read the in-depth SG report prepared by professional analysts they conclude that the majority of Monero's future growth will come from "unlawful activities" i.e. criminal adoption and not from "institiutional investment."

https://research.bloomberg.com/pub/res/d37g1Q1hEhBkiRCu_ruMdMsbc0A

In other words, Monero doesn't even need Wall Street or normies in order to hit 5 figures, organized crime is a $2 trillion per-year business and even just 1-5% of that is enough to eventually send XMR to Mars.

So much for "muh opportunity cost"

[Anonymous No.30347602]

>>30347289
whales keeping the price down i guess is only a temporary setback. people will make their money. but it cannot be suppressed forever. eventually the markets will respond, and the price will be reflective.

[Anonymous No.30347685]

>>30346972
The US government released a paper a while back on how to handle Monero and the solution they settled on was basically "Just buy up as much as you can and suppress the price by putting up dump walls."
I wouldn't be surprised if, given a single private actor holds 1% of all Monero (Ukranian 24-year old in >>30347289) that the US feds own 10 and just keep dumping price in circulation.

[Anonymous No.30347714]

I had to buy an nvme ssd, a pci adapter card, and re-flash my bios to get it to work, but now that it does, I can run a local node. Feels good. Now I just need to start accumulating

[Anonymous No.30347780]

Has anyone tried exchanging chain link for other coins on this site?

https://changenow.io/

[Anonymous No.30347813]

>>30347714

Are you in a mining pool for mining solo?

[Anonymous No.30347896]

>>30347813
it says on xmr rig hes on https://moneroocean.stream/

[Anonymous No.30347922]

>>30347714
I think you dropped this mate!

[Anonymous No.30348054]

>>30347200
You can buy right off Kraken in the USA and Binance everywhere else
The non KYC places are even easier, especially localmonero

[Anonymous No.30348097]

>>30347334
Bitcoin is not private.

Anyone can claim that "hey, you can just run ChainAnalysis and see if BTC has been tainted", so that is plausible deniability any institution can use when buying BTC. They can never use this argument with XMR. EVEN COINBASE DOES NOT HAVE XMR. BITSTAMP DO NOT HAVE XMR.

XMR is a SHIT investment.

I love how you absolutely KNEW this argument, but pretended not to know, because realising it would destroy your narrative.

[Hodlen Caulfield No.30348118]

>>30348054
local monero rocks but dont ever buy from BuyCoinFast, its a honeypot

[Anonymous No.30348140]

>>30347813
Pool for now. I have two machines mining on moneroocean for a combined 29KH/s according to their GUI. Once I upgrade this old clunker of a PC, I'll probably set it up so that one or two cores are always solo mining in the background and leave everything else hookup up to a pool

[Anonymous No.30348145]

>>30347685
It seems like a perpetual cycle of xmrbtc shorts reinvesting their profits to add to their shorts. There are a ton of people who could've shorted at/near the top, based on the emission curve most whales are probably early miners. Then there's the rumor of secret asic mining operations pre-randomx, so they could've hoarded a huge amount. Then like you said there are state actors who probably have been paying attention since the beginning. There's also probably some added sell pressure from the fact that it's used as a currency and vendors need to protect their USD value profit margins, even though that makes up a tiny percentage of overall trading volume, but I assume a lot of whales are vendors. And of course, the coin simply is not hype and is too hard for retarded zoomers and boomers newfags to figure out how to buy even though it's on binance lmfao.

[Anonymous No.30348159]

>>30347598
It is a cope for you to think that intrinsic use from lawful activity will flood Monero with same amount of billions that went into BTC.

Pension funds will never hold Monero.

But they might hold BTC.

The chart attached disproves any arguments you XMRcucks can even hold.

>>30347453
> Its not a crime coin or druggie coin

It absolutely is. If you haven't been living under a rock, you would know that Monero has become dark net coin of choice in 2021.

[Anonymous No.30348191]

>>30348097
https://www.perkinscoie.com/en/news-insights/anti-money-laundering-regulation-of-privacy-enabling-cryptocurrencies.html

>Is it possible for regulated entities to comply with anti-money laundering (AML) obligations when supporting privacy coins?
>
>The answer, in our view, is yes.

[Anonymous No.30348209]

>>30347407
No, because I held BTC like non-tard and my gains have far outpaced your XMR cuck gains.

PROOF --> >>30348159
>>30348159
>>30348159
>>30348159

[Anonymous No.30348277]

Why use Monero over Tornado Cash?

[Anonymous No.30348314]

>>30347289
Don't you realise that faggot claimed that to launder money? He holds no such thing. He just says he does so he can explain where his villas come from. Because there is no way for him to prove he holds it.

[Anonymous No.30348315]

>>30348209
So then why don't you cash out your btc gains instead of shitting up every XMR general with your constant seething? You are clearly emotional. You need to sit down and calm yourself while you think things over.

[Anonymous No.30348320]

>have number on a screen you can't use to buy anything but amazon giftcards aka shit you don't need
congrats retard

[Anonymous No.30348386]

>>30348209
Implying we don’t hold bitcoin.
Also your chart you keep posting shows that in bull markets Monero outperforms Bitcoin you retard.

[Anonymous No.30348402]

>>30348320
you just described crypto as a whole

[Anonymous No.30348445]

>>30347202
>>30347202
>>30347202
>>30347202
Especially for you.

Anyone looking at this chart thinking "WOW WHAT AN AWESOME INVESTMENT!"

[Anonymous No.30348461]

>>30348159
>lawful activity

lol you misread, chief, its UNLAWFUL activity that will push Monero to 5 figures. Black markets and tax evasion aside, money laundering via crypto is only just getting started (pic related) and Monero stands poised to be the primary beneficiary of it all.

[Anonymous No.30348510]

>>30347324
>muh money, muh institutions
Cope. I've already made it and the best part is I've never paid my fair share in tribute to welfare nigs. Stay mad.

[Anonymous No.30348522]

>>30347714

Mine those coins

[Anonymous No.30348538]

>>30348315
> So then why don't you cash out your btc gains instead of shitting up every XMR general with your constant seething? You are clearly emotional. You need to sit down and calm yourself while you think things over.

Because I did just that.

What am I seething at exactly? I would seethe if I had bought XRP or something.

My investment in Bitcoin literally outperformed XMR cuck hodlings.

It's just sad to see naive people coping with no logical thought. If you think about it logically and not narrative based, you will see that Monero is a bad investment, despite being a good coin.

[Anonymous No.30348577]

>>30348315
> You are clearly emotional. You need to sit down and calm yourself while you think things over.

You call me emotional, yet I provided solid arguments, historical performance and factual points that were not debunked by any of you while being called names and ad hominems. Am I the emotional one here?

>>30348386
> Also your chart you keep posting shows that in bull markets Monero outperforms Bitcoin you retard.

Ok, so now you are using the "bull markets outperform" market timing argument. If you are such a great market timer, why stick with Monero? Just use your market timing skills to figure out which altcoin "bull market" will outperform BTC next.

[Anonymous No.30348645]

Have any anons here sold Monero on localmonero? It seems like it would be comfy to buy [undisclosed amount] of monero, sell it for a bit of a premium on localmonero, and put the earnings back into monero. Are there any risks with this? Will I end up with the feds shooting my dog at 3 in the morning?

[Anonymous No.30348710]

>>30348538
What's your logical thought process then Einstein?

[Anonymous No.30348736]

>>30348577
>Ok, so now you are using the "bull markets outperform" market timing argument.
Okay, answer these two questions:
1. What period did the last bull run occur?
2. How did xmr/btc perform in this period, compared to the following bear market period?
Also I hold Monero because I don’t gamble on shitcoins.

[Anonymous No.30348764]

>>30348645
I've only ever bought on localmonero with cash. Your idea sounds like a lot of hassle tbb.

[Anonymous No.30348774]

>>30348645
no feds but you'll get fucked by fees and the markets themselves. there's a reason none of the original sellers on.localbtc still exist, and that reason is that this short of arbitrage works mainly in crab markets. one good dip or peak at the wrong moment and you're fucked

[Hodlen Caulfield No.30348786]

>>30348645
ive never considered it actually, but if i ever do sell, im going to do it through local monero

[Anonymous No.30348828]

>>30348645
I used it to buy monero. Never sold it there. Most of it is just cash in the mail. Use the higher rated sellers. I kinda wanna get more desu. Are you in Texas?

[Anonymous No.30348871]

>>30348461
> lol you misread, chief, its UNLAWFUL activity that will push Monero to 5 figures.

1) It doesn't matter in "how many figures" monero will be. All that matters if XMR will outperform BTC. If you hodl XMR and BTC outperforms, you are a retard who lost money due to opportunity cost as measured against index.

2) Unlawful activity and your pedo/drug markets are NOT larger than pension funds and financial institutions. Therefore the money inflow to XMR will be LESS than in BTC.

3) If Monero grows in price it will effectively HURT ITSELF? Why? Because financial regulations will notice "Look, this pedocoin is gaining traction, we must penalise all exchanges that allow it" and Monero will be removed from all major exchanges.

BONUS: If you were smart you would have argued that trillions hidden in offshore institutions would flow into XMR. But literally nobody used this potentially strong argument. Problem is - due to Monero being so restricted by lack of on-ramps and off-ramps, due to it being so tainted and due to it becoming more restricted in future it is very unlikely that offshore holdings will use Monero instead of just using cleverly obfuscated BTC.

[Anonymous No.30348971]

>>30348736
Oh cherry picking I see.

Yes, I can do that as well, pull out any shitcoin and say to you "AHA! LOOK HOW IT PERFORMED DURING X Y BULL MARKET CHECKMATE!"

Good luck market timer. See you on cover of Forbes.

[Anonymous No.30349006]

>>30348871
Thanks just bought 14 more XMR

[Anonymous No.30349016]

I'm skeptical of the claim that Monero can scale via Dynamic block size until we can see it happen in practice. At the moment, Monero has a tiny number of tx's compared to something like ETH. To understand the weakness of blockchain size increases you just need to ask yourself "why have any limits in the first place?"

Decentralization isn't just about computing power, it's also about Network capacity.

There's nothing in theory stopping BTC or ETH from increasing their block sizes to 1GB or more, that would mean the theory that we would have nearly free transactions again right?

That assumes every node is able to sync a gigabyte or more in the timeframe it takes to write a block. Scaling is difficult. I never see this addressed.

[Anonymous No.30349027]

>>30348710
Just common sense.

Read all my arguments here:
>>30348871
>>30348445
>>30348314
>>30348159
>>30348097
>>30347218
>>30347282
>>30346711
>>30346579
Will be great to see the debunking.

[Anonymous No.30349112]

>>30348054
>>30347200
I'm getting filtered right about now since it's also my first time buying crypto. What's the fastest way from my bank account to a couple of monero's?

[Anonymous No.30349159]

Anyone check out that recent fluffy pony interview with real vision?How was it?

[Anonymous No.30349200]

>>30348577
Okay there is no need for all this seething. Just relax and buy some XMR.

[Anonymous No.30349213]

>>30349112
I bought litecoin on coinbase, then got cakewallet on my phone and used the exchange feature to turn the LTC into XMR. I found connecting my bank account to coinbase much easier than when I tried with Kraken

[Anonymous No.30349215]

>>30349112
Kraken exchange.

[Anonymous No.30349216]

>>30349027
>pedo/drug coin
Same arguments were made for bitcoin
>rising in price hurts it
doesn't make sense
>financial institutions won't invest in a druggie coin
grayscale is already looking at XMR

[Anonymous No.30349240]

>>30349112
Kraken needs a picture of your drivers license and a utility bill and you can buy Monero directly with your debit/credit card in a day.

[Anonymous No.30349270]

>>30349112
If you can’t directly buy Monero directly on an on ramp you can buy litecoin at an on ramp and send to an exchange or a coinswap service. There are links in the OP. The process to get Monero is different for everyone but with a little research (check the OP for recs) you can find sites that fit your criteria.

[Anonymous No.30349348]

>>30349200
0 arguments detected

>>30349216
> Same arguments were made for bitcoin

Conveniently ignoring this posts where I debunked this argument. I will make it easier for you.
> Anyone can claim that "hey, you can just run ChainAnalysis and see if BTC has been tainted", so that is plausible deniability any institution can use when buying BTC. They can never use this argument with XMR.

>>30349216
> doesn't make sense
Rising price -> normies buying in
Normies buying in -> attracts more attention and scrutiny
More attention and scrutiny -> More restrictions put in place on exchanges

We see exchanges REMOVING Monero NOT adding it.

> grayscale is already looking at XMR
"Looking" =/= "Investing

Debunked.

NEXT!

[Anonymous No.30349378]

>>30348871
>1) It doesn't matter in "how many figures" monero will be. All that matters if XMR will outperform BTC. If you hodl XMR and BTC outperforms, you are a retard who lost money due to opportunity cost as measured against index.
XMR with shitcoin gambling will generally outperform BTC. Shit, even ETH has outperformed BTC when used alongside shitcoins.
>2) Unlawful activity and your pedo/drug markets are NOT larger than pension funds and financial institutions. Therefore the money inflow to XMR will be LESS than in BTC.
Nobody will put their retirements into a first generation blockchain. BTC is already falling behind ETH in terms of relevance and will soon fall behind ETH competitors like ALGO and ADA. The only place BTC belongs is in a museum.
>3) If Monero grows in price it will effectively HURT ITSELF? Why? Because financial regulations will notice "Look, this pedocoin is gaining traction, we must penalise all exchanges that allow it" and Monero will be removed from all major exchanges.
So? If its removed from all major exchanges, you'll just buy it using localmonero. Drug cartels already moves tons of cocaine across borders, why wouldn't they mine XMR and wash their fiat profits with it.
>BONUS: If you were smart you would have argued that trillions hidden in offshore institutions would flow into XMR. But literally nobody used this potentially strong argument. Problem is - due to Monero being so restricted by lack of on-ramps and off-ramps, due to it being so tainted and due to it becoming more restricted in future it is very unlikely that offshore holdings will use Monero instead of just using cleverly obfuscated BTC.
Offshore institutions will simply mine XMR or use an ETH onramp into XMR. BTC is also traceable, and, using your own arguments above, if BTC tries to implement privacy solutions or if a large percentage of it is used for illegal activity, it will simply not be traded or held by institutions or just be banned. Congrats, you played yourself.

[Anonymous No.30349493]

>>30344885
How about Zcash? is it based, will it ever blow up and make my poor ass rich?

[Anonymous No.30349497]

>>30349348
Price goes down
>Monero is finished!
Price goes up
>Monero is finished!
Price crabs
>Monero is finished!

[Anonymous No.30349567]

>>30348871
>All that matters if XMR will outperform BTC. If you hodl XMR and BTC outperforms, you are a retard who lost money due to opportunity cost as measured against index.

Yeah, see, the thing is I don't have faith in BTC's long-term viability so I'm not going to gamble on an obvious bubble.


>2) Unlawful activity and your pedo/drug markets are NOT larger than pension funds and financial institutions.

Pension funds and the like don't NEED crypto like the darknet NEEDS crypto, and they are certainly not going to invest in an obvious bubble.

https://en.wikipedia.org/wiki/Bitcoin#As_a_speculative_bubble


>Therefore the money inflow to XMR will be LESS than in BTC.

I don't care, BTC is more likely to collapse due to shittier fundamentals.


>cleverly obfuscated BTC.

Never happening.

[Anonymous No.30349654]

>>30349497
BTCmaxis are delusional. Imagine holding a first gen coin and thinking that it'll actually be used in 10 years. I would like to see what he has to say about ETH and other cryptos that improve upon BTC and blockchain tech.

[Anonymous No.30349676]

>>30348577
Oh look, the SAME demoralization nigger from last week.

Kill yourself you miserable fucking pussy.

[Anonymous No.30349762]

>>30348774
Good points. Looks like the fees are 1%, not ideal, but not the end of the world. And that's a good point that this would be ideal in a slowly downward trending or crab market.

>>30348828
I'm thinking about buy some from there as well as opposed to opening an account on Kraken. And no, I'm not in TX

[Anonymous No.30349779]

>>30349348
>Deboonked
If privacy isn't important then why are they trying to make bitcoin more private with taproot? Cypherpunk Holdings have invested 500,000 leaf dollars in XMR, which is peanuts in the investment world, but investment firms aren't turned off by the pedo/druggie coin argument that they made for bitcoin as well. Making something illegal to buy doesn't lower the price or make it go away.

[Anonymous No.30349806]

>>30349762
Are you near texas? Like in state bordering it?

[Anonymous No.30349811]

>>30349378
> XMR with shitcoin gambling will generally outperform BTC. Shit, even ETH has outperformed BTC when used alongside shitcoins.

No it hasn't. Pic related.

Oh you will use the: "yeah but you just buy low sell high" market timer argument. Ok, market timer master, see you on FORBES.

Debunked

> Nobody will put their retirements into a first generation blockchain. BTC is already falling behind ETH in terms of relevance and will soon fall behind ETH competitors like ALGO and ADA. The only place BTC belongs is in a museum.

There is literally no argument in this. "BTC belongs in museum" is an emotional statement. I don't even see the point in sentence. Facts are:
BTC is highest valued coin.
BTC is most established coin.
BTC has longest track record of performance.
BTC has most natural, organic distribution.
BTC has first mover advantage.

Debunked.

> So? If its removed from all major exchanges, you'll just buy it using localmonero....

Ok, and how will that input billions into XMR eco-system? You think oligarchs will be driving around city with billions on coffers and buying coins in dark alleys?
You do realise that if enough money flows into Monero and attracts regulatory scrutiny, LocalMonero will remove physical meetups. Just like LocalBitcoins did. And those who will try meeting IRL and selling their Monero will get criminally charged with running an unlicensed financial exchange. Which has already happened in precedent with BTC. But with XMR it would be even WORSE, because XMR is a tainted pedo coin, while for BTC they can run chainanalysis and confirm its clean.

> Offshore institutions will simply mine..

Yeah, offshore launderers will invest in expensive mining ecosystems for facilitating a crimecoin only to get all of their equipment seized by authorities, thus defeating purpose of holding a crypto in first place

Debunked.

I give you props for trying though.

NEXT!

[Anonymous No.30349986]

>>30349567
> Yeah, see, the thing is I don't have faith in BTC's long-term viability so I'm not going to gamble on an obvious bubble.

"Muh obvious bubble". If it's all so obvious then according to that narrative you are market timer master and we will see you on Forbes.

Debunked.

> Pension funds and the like don't NEED crypto like the darknet NEEDS crypto, and they are certainly not going to invest in an obvious bubble.

In fact large funds and institutions will be MORE inclined to invest in asset when it has a certain high market capitalisation instead of it being low. So Bitcoin going higher will make institutions MORE inclined to invest not LESS, because they will see that there is enough liquidity to allocate billions to. There is a reason SpaceX and microstrategy are buying millions in billions in 2021 and not 2015.

Debunked.

> I don't care, BTC is more likely to collapse due to shittier fundamentals.

Ok fundamentals:
First mover.
Organic distribution.
Less bloat than others.
Actual mainstream adoption.
Can still be used for dark transaction purposes if you are not braindead.
Yeah, awful indeed.

Debunked.

> Never happening.

For what reason? You claim "this will never happen", but do not provide reasoning.

Debunked.

NEXT!

[Anonymous No.30349988]

>>30348445
That chart just confirms how new you are, stop using linear scale on long timeframes. You seem a bit overinvested maybe try trimming your position a bit so you can relax, but if you aren't then I'm confused as to why you even care, I don't go into threads for other coins to fud and talk shit.
I just tell people that they're a noob for buying shitcoins instead of just low leverage longing btc and buying a make it stack of xmr. Serious question though, when did you first buy crypto, or honestly when did you start investing/trading including stocks. I'm guessing you're new to this, but fyi most xmr whales probably hold way more btc than you will ever own.

[Anonymous No.30349998]

>>30349806
No, Volunteer state. Sorry - not exactly close

[Anonymous No.30350034]

>>30349676
>>30349676
>>30349676
>>30349676
>>30349676
>>30349676
Seethe harder boyo.

[Anonymous No.30350160]

>>30349779
> If privacy isn't important then why are they trying to make bitcoin more private with taproot?

Because that will be an addon that people will be able to CHOOSE to use instead of default privacy for all coins.

> Cypherpunk Holdings have invested 500,000 leaf dollars in XMR, which is peanuts in the investment world, but investment firms aren't turned off by the pedo/druggie coin argument that they made for bitcoin as well.

Good for them.

> Making something illegal to buy doesn't lower the price or make it go away.

Ok, it doesn't make it go away, but it sure doesn't help it. If Monero would be made illegal and exchanges removed it? How will people buy it?

From each other?

LocalMonero? I already debunked that moment.

Sure it will be used as grey market currency, but it will never be held by big boys who control billions. Tesla would be UNABLE to buy illegal coin, therefore it couldn't rise as BTC did after Tesla buy.

Debunked.

NEXT!

[Anonymous No.30350171]

>>30349811
>BTC is highest valued coin.
>BTC is most established coin.
>BTC has longest track record of performance.
>BTC has most natural, organic distribution.
>BTC has first mover advantage.

BTC fails to compete where fundamentals matter. All it has going for it now is hype, ignorance and I-Was-Here-First!

[Anonymous No.30350213]

>>30350160
>but it will never be held by big boys who control billions.
How can you prove this?

[Anonymous No.30350346]

>>30349811
It literally has maxicuck. Chainlink was $1.50 in April last year. BTC was $5k. I bought $15k in LINK at that time. I've 20x my money. Outperformed BTC by a factor of at least 4.
>There is literally no argument in this. "BTC belongs in museum" is an emotional statement. I don't even see the point in sentence. Facts are:
Nah.
>BTC is highest valued coin.
IBM was the highest valued tech company at one point
>BTC is most established coin.
IBM was that as well
>BTC has longest track record of performance.
Only 11 years.
>BTC has most natural, organic distribution.
Several million coins are in whale wallets
>BTC has first mover advantage.
Meaningless in tech
>Ok, and how will that input billions into XMR eco-system? You think oligarchs will be driving around city with billions on coffers and buying coins in dark alleys?
Most criminals and money launderers are not billionaires.
>You do realise that if enough money flows into Monero and attracts regulatory scrutiny, LocalMonero will remove physical meetups.
Ok, then you meet using instagram/facebook/whatever social media or some other shit.
>And those who will try meeting IRL and selling their Monero will get criminally charged with running an unlicensed financial exchange.
Just like they catch the thousands of face to face drug deals going on rn?
>But with XMR it would be even WORSE, because XMR is a tainted pedo coin, while for BTC they can run chainanalysis and confirm its clean.

Please try harder next time. And don't play yourself like you just did.
Yeah, so you can't wash profits in BTC. You played yourself again.
>Yeah, offshore launderers will invest in expensive mining ecosystems for facilitating a crimecoin only to get all of their equipment seized by authorities, thus defeating purpose of holding a crypto in first place
Yes because we all the police in Mexico and other shithoels are competent enough to do such a thing. Even though they got chased out of their own police stations.

[Anonymous No.30350359]

>>30349988
> That chart just confirms how new you are, stop using linear scale on long timeframes.

Ok, here is log scale. Happy? Still shit long term performance.

Debunked.

> You seem a bit overinvested maybe try trimming your position a bit so you can relax

Overinvested in what?

> but if you aren't then I'm confused as to why you even care, I don't go into threads for other coins to fud and talk shit.

How is it FUD if I can logically and factually argument it?

> I just tell people that they're a noob for buying shitcoins instead of just low leverage longing btc and buying a make it stack of xmr.

What is purpose of calling someone name? I'm here to debate and figure out pros and cons and the truth. The truth is figured out in extensive debates and debunking. Once one side has absolutely exhausted debunking, the side no longer has arguments and thus is rendered wrong. I thought long and hard about investing in Monero and these were the arguments which made me NOT invest in it and hold BTC instead. I'm happy with my decision and BTC drastically outperformed XMR. I come to these threads to present my arguments and see if there are any rebuttals that make logical sense, which might shake my confidence in my arguments. If I can't see solid counter-arguments, I just try later.

> Serious question though, when did you first buy crypto, or honestly when did you start investing/trading including stocks. I'm guessing you're new to this, but fyi most xmr whales probably hold way more btc than you will ever own.

What is the reason you decided to ask me this question? I'm in this thing way before 2017.

[Anonymous No.30350368]

>>30348538
XMR is a very decent investment. It's just still just in it's young years. Money will come flooding in, it is fluffing in slowly.

As long as transactions continue to increase I am not worried in the slightest.

Yes BTC is performing better. For now. But this won't last forever given it is at literally a 1 trillion marketcap and gains will slow down as more money is required to pump it.

[Anonymous No.30350391]

>>30350160
>How will people buy it?
Atomic swaps

[Anonymous No.30350447]

>>30350213
Alright, well spotted. I should have elaborated.

More accurate sentence would be: it is very UNLIKELY that billionaires will be investing in Monero. Why? Because of reasons I outlined before:
1) Lack of on-ramps and off-ramps
2) "But they will create their own mining farms) -> ok and then we are back to square 1, because those mining farms will get confiscated
3) Negative stigma. Extremely rich people care about their reputation. You can say "Same with BTC", but there they have plausible deniablity: "B-b-but we run chainanalysis and our BTC is clean. This is GOOD BTC!!".

[Anonymous No.30350588]

>>30346579
Lmao, as if Coinbase is what determines if a coin is good.

Stay poor newfag

[Anonymous No.30350591]

>>30350171
> BTC fails to compete where fundamentals matter. All it has going for it now is hype, ignorance and I-Was-Here-First!

"Muh fundamentals" is a vague and abstract term. All of the things I mentioned are objectively true.

People are seeing it as Store of Value, digital goal. Nobody cares what was written in satoshi whitepaper.

Nobody cares about "muh digital currency", "muh fees". High fees are because the thing is ACTUALLY USED.

Guess what, second layer solutions like PayPal, Square, Cashapp, Venmo, Lightning Network will all solve the normie "buy coffee with btc" problem by providing price exposure to BTC in their cash app portfolio while having the backing held in cold storage.

Oh and by the way, if you want to use the "BTC has failed as currency argument" then you will absolutely get wrecked, because Monero will FAIL EVEN HARDER as currency, since there will be no way to trace if payments have been way and it will SCALE EVEN WORSE THAN BITCOIN.

So basically you just shot yourself if you tried to promote Monero using that argument.

DEBUNKED
CHECKED
REKTED
AND SNEED
Also
D I L A T E

[Anonymous No.30350611]

>>30350368
BTC is a joke and is only doing well because of the bubble we are in. LINk and other alts have out performed it by large margins. Buying BTC now is like buying IBM stock while Apple was doing its IPO.

[Anonymous No.30350629]

>>30349986
>"Muh obvious bubble". If it's all so obvious then according to that narrative you are market timer master and we will see you on Forbes.

Dunning-Krueger in full effect. The consensus by non-maxis is that Bitcoin is currently a speculative bubble since it doesn't offer much actual utility as a cryptoCURRENCY.

>In fact large funds and institutions will be MORE inclined to invest in asset when it has a certain high market capitalisation instead of it being low. So Bitcoin going higher will make institutions MORE inclined to invest not LESS, because they will see that there is enough liquidity to allocate billions to. There is a reason SpaceX and microstrategy are buying millions in billions in 2021 and not 2015.

Pure fantasy. Very few if any Wall Street investors actually believe in Bitcoin's long-term viability and are buying it only for the short-term gains. Pic related.

>Ok fundamentals:
>First mover.
>Organic distribution.
>Less bloat than others.
>Actual mainstream adoption.
>Can still be used for dark transaction purposes if you are not braindead.

>Getting replaced by Monero where fundamentals matter.

Guess the market is speaking.


>For what reason? You claim "this will never happen", but do not provide reasoning.

Technical limitations, you can never make a fundamentally transparent public ledger truly private.

>Bitcoin Will Never Be Truly Private Says Andreas Antonopoulos

"In addition, he said the structure of Bitcoin simply doesn’t allow ring signatures and stealth addresses."

“I think what we’re going to see soon is Schnorr, Taproot, and Tapscript, which open the door to a lot of improvements,” Antonopoulos said, “But they still do not involve zero-knowledge proofs or the types of ring signatures and stealth addresses that are done in Monero. Bitcoin is not a privacy coin.”

https://cointelegraph.com/news/bitcoin-will-never-be-truly-private-says-andreas-antonopoulos

NEXT!

[Anonymous No.30350675]

>>30350368
A very interesting sign is that normies are absolutely CLUELESS about Monero, they still think that black markets activities are conducted with Bitcoin.

>>30350447
"Billionaires" are a meme. Monero doesn't need 10 shady guys pouring dozens of billions into it, it need thousands of small millionaires who just want to hide a few hundred thousands of $.

[Anonymous No.30350695]

The fact that there is a ton of anti-Monero shills tells me some people are afraid.
If people are afraid, it means the coin has intrinsic value.
I like this.

[Anonymous No.30350716]

>>30350591

OK, now I'm pretty sure you're an undercover MoneroChad fudding for a dip. Had me going there!

[Anonymous No.30350741]

>>30350447
You still can’t prove this.
Therefore I win.

[Anonymous No.30350759]

>>30348097
Again, how much of a new fag are you to use Coinbase as the foundation for what coins are good, literally retarded

[Anonymous No.30350802]

Can someone teach the federal agents in this thread how to sage? I don't think they realize that their constant fudding is pushing this thread back to to top

[Anonymous No.30350862]

>>30350716
I know right? Monerochads now larping as retarded mexican kids who are larping as bitcoin whales kek

[Anonymous No.30350865]

>>30350802
That anon is a monero holder. He is trolling to create discussion and because he is a fag.

[Anonymous No.30350870]

>>30349811
>Question: how will cartels get their XMR?
>Answer: by getting clean people to buy it from exchanges and send it to them. Just like WhiteHouse does.

Once in the darknet system it does not need to touch the clearnet anymore. It can be used as settlement between crime institutions.

Also Atomic swaps literally means this entire DeLIsTEd SOOn!!! will finally go away.

[Anonymous No.30350876]

>>30350802
>I don't think they realize that their constant fudding is pushing this thread back to to top

Oh I think they're well aware. ;) ;) ;) ;)

[Anonymous No.30350920]

>>30350591
>will FAIL EVEN HARDER as currency, since there will be no way to trace if payments have been
Holy shit, so the cash in my wallet has failed as currency?

[Anonymous No.30351003]

>>30350862
>I know right? Monerochads now larping as retarded mexican kids who are larping as bitcoin whales kek

Monerbros are the only bizfags who actively FUD their own coin and actually get upset when it pumps.

[Anonymous No.30351020]

What's the latest update on the XBT XMR Atomic Swap development?

[Anonymous No.30351072]

>>30350591
>High fees
>Actually used
You can argue a lot of things but not that. Most of BTC volume is on exchanges to avoid fees. It's useful will also be forever capped at 10 million transactions unlike XMR

[Anonymous No.30351171]

>>30350346
> It literally has maxicuck. Chainlink was $1.50 in April last year. BTC was $5k. I bought $15k in LINK at that time. I've 20x my money. Outperformed BTC by a factor of at least 4.

> Using anecdotal incident of successful market timing as basis for his argument.

ngmi

> Nah.

Isn't an argument.

> IBM was the highest valued tech company at one point

And? You can literally make that argument for anything. That doesn't prove XMR will overtake BTC. I could say: "Byzantian Empire was most powerful judical body on earth at one point and that means USA will collapse soon". False equivalence basically.

> IBM was that as well

Continuing the same non-argument.

> Only 11 years.

We are measuring against competitors. So longer than literally every other altcoin including XMR.

> Several million coins are in whale wallets

Organic distribution and natural distribution. It has natural market discovery. The case is even worse for alts and johnny-come-lately clones.

[Anonymous No.30351209]

Community meeting 6 March 2021, 17:00 UTC. https://github.com/monero-project/meta/issues/556

[Anonymous No.30351224]

>>30350346
[cont]

> Meaningless in tech

This argument actually holds some ground. Congratulations on getting 1 in 10 right. Even if we use this argument, we can just apply it to XMR and say: "Ok it's meaningless that XMR is first privacy coin, it's still shit and won't scale and will get replaced by better privacy coin".

> Most criminals and money launderers are not billionaires.

Exactly. And that is why the argument "XMR will outperform BTC" falls apart. Because you need money from billionaires not druggies and pedos to move market significantly. Just shot yourself, gratz.

> Ok, then you meet using instagram/facebook/whatever social media or some other shit.

Ok, and if you do this then you get arrested and risking criminal prosecution and there is no way you will transmit enough money this way to move the needle.

> Just like they catch the thousands of face to face drug deals going on rn?

No, just like they caught guys who already did it with LocalBitcoins. Again, even if this is done, the volume will be meaningless in terms of moving the needle. And if it starts becoming meaningful, authorities will catch on real quick.

[Anonymous No.30351269]

>>30350346
>>30350346
[cont3]

> Please try harder next time. And don't play yourself like you just did. Yeah, so you can't wash profits in BTC...

At which point exactly did I "play myself"?
At which point did you disprove my claim that Bitcoin has plausible deniability to allow large financial institutions to buy into it due to having the claim of running ChainAnalysis and accepting only "clean" crypto?

Crypto sold at Cuckbase is run through ChainAnalysis, you can't sell druggie BTC at Coinbase, therefore any legit company feel safer buying "whitelisted" coins from Coinbase in contrast to buying Monero from some shady back alley drug dealers.

> Yes because we all the police in Mexico and other shithoels are competent enough to do such a thin...

Ok, so you are claiming that:
Monero will become so much more useful to offshore institutions that they will:
1) Buy inventory for mining setups
2) Setup huge mining farms, enough to produce the right amounts of Monero
3) Hope they find jurisdiction in which these mining farms simply won't get confiscated by the state. Examples: China.
4) Hope the Feds do not go after them.
5) Hope the Monero price maintains, despite it being a low cap coin.
6) Hope that they can actually find buyers who will buy their Monero for real moneys.

You think that is more likely than them simply buying Bitcoin and obfuscating it via clever way like Offshore structuers combined with BTC?
Or you know what - even buying stable coins like USDT might make more sense.

If one wants decentralisation, last thing they would want to do is centralise their mining infrastructure on some shit tier third world country where local tribe leaders will just take over.

NEXT!

[Anonymous No.30351276]

>>30346579
>nobody wants your pedocoin
This guy is right. Please send all your pedocoins to me so I can make sure nobody ever uses them. Making a world a better place one coin at a time.

[Anonymous No.30351288]

>>30347200
Besides amerifags all the world buys XMR normally on Binance

[Anonymous No.30351363]

>>30350391
>atomic swaps

Ok, so your argument is:
"Hey people will buy Monero via exchange through BTC"

Well, guess what! That will mean that people will need to buy BTC first, which means that first and foremost people will buy BTC and only then EXCHANGE it to XMR when they need to buy drugs.

So in reality it is extremely unlikely that XMR will outperform BTC.

Mostly due to reason that BTC is more stable as it has higher liquidity and that to take advantage of anonimty Monero all you need to do is make an atomic swap and use your Monero for nefarious purpose and done deal. It would make sense for large HODLER to hold BTC because it has higher liquidity and is more established.

[Anonymous No.30351407]

>>30350675
> "Billionaires" are a meme. Monero doesn't need 10 shady guys pouring dozens of billions into it, it need thousands of small millionaires who just want to hide a few hundred thousands of $.


That won't make Monero outperform BTC, because there are billionaires pouring billions into BTC.

Billions > millions

[Anonymous No.30351446]

>>30350741
Sorry what? I just gave you very logical sequence of events that would lead to conclude that the odds of billionaires buying into Monero are extremely low.

[Anonymous No.30351452]

>>30349348
The problem is that, atleast in my view, the reasons XMR may succeed are the same for BTC failing so I can only see as something time will tell. Overall as any other individual with minimum intelligence will tell you, you shouldn't be all in a single coin, just as your stock portfolio shouldn't be in one single stock. Yes this may hurt returns, and your portfolio's return will always be a reflection of the risks you have taken, but ultimately, XMR has and will continue to have an use case, atleast for the foreseeable future. In conclusion, XMR is the coin to go to if BTC ever finds itself at a crossroads.
>>30349493
We seem ZCash as a shitcoin here.

[Anonymous No.30351494]

>>30345881
>basic human right
Doesn't exist. Privacy is a crime.

[Anonymous No.30351493]

>>30350759
> Again, how much of a new fag are you to use Coinbase as the foundation for what coins are good, literally retarded

Big money rather use coinbase or established exchanges or OTC not some shady chinese exchange which sells pedocoins.

> literally retarded

you meant to say "figuratively retarded". If I was literally retarded I would not have capacities to write these large argumentative paragraphs with logical sequences. Also, when people use ad homs instead of arguments it automatically means they are wrong. Literally just got rekd, gratz

[Anonymous No.30351499]

>>30349493
Yes friend. I like Zcash approach to privacy a lot better than Monero but I hold both because I'm not an idiot. It's gonna be a long and bumpy road but people are eventually going to realise that public legders are a pretty bad idea.

[Anonymous No.30351508]

>>30351363
>Well, guess what! That will mean that people will need to buy BTC first,

Atomic swaps will eventually ported to other chains, likely starting with LTC.

[Anonymous No.30351546]

>>30350870
>Answer: by getting clean people to buy it from exchanges and send it to them. Just like WhiteHouse does.

How will clean people buy it?

On the streets? And get risk being arrested?

Clean people will buy billions of Monero on shady back alleys?

Remember that they can't use bitstamp or coinbase.

[Anonymous No.30351575]

I like XMR a lot, but I'm always afraid of a very failure-prone component in a project, and that's people.

Unlike BTC or whatever, XMR is actively being worked on, modified, edited, the mining protocol has radical changes all the time, etc.
But since I am not knowledgeable enough on the topic, my question is:
How much can they fuck up? For example if some retarded dude (or even worse, woman) start having stupid decisions for the future of the coin and stuff, to what extent can they break everything?

I've seen too many "volunteers" groups breakdown over retarded shit to be confident.

[Anonymous No.30351583]

>>30349016
Reminder that no one has addressed this yet.

Let's pretend all transactions in the world were in XMR. How long would the transaction time be.

[Anonymous No.30351650]

>>30350920
> Holy shit, so the cash in my wallet has failed as currency?

False equivalency.

Why?

Because:
1) Cash in your wallet is only a small, tiny, miniscule % of total fiat.
2) Only tiny miniscule of that tiny miniscule of cash is actually used in crime.
3) Huge fucking portion of XMR is used in crime.
4) The argument was originally used to shit on Bitcoin. Basically "bitcoin failed as currency", so I counterargumented with "If Bitcoin failed as a currency, Monero will FAIL EVEN HARDER, because MONERO CAN'T SCALE WELL".

>>30351072
> You can argue a lot of things but not that. Most of BTC volume is on exchanges to avoid fees. It's useful will also be forever capped at 10 million transactions unlike XMR

Transaction batching and second layer solutions for normies literally solve this. Any app that has Bitcoin price exposure becomes a second layer solution for normies. Even paypal, yes, paypal, if it allows crypto price exposure to a dumb normie sheep it is "my bitcoins package" and works as second layer.

[Anonymous No.30351685]

>>30351508
> Atomic swaps will eventually ported to other chains, likely starting with LTC.

Ok, so your argument is that for some weird reason people will suddenly choose got use a small clonecoin shitcoin LTC to exchange to Monero instead of BTC? And what would be the reason to do that exactly?

[Anonymous No.30351729]

>>30351685
>Ok, so your argument is that for some weird reason people will suddenly choose got use a small clonecoin shitcoin LTC to exchange to Monero instead of BTC? And what would be the reason to do that exactly?

Because it's already a thing lol.

[Anonymous No.30351748]

>>30351003
I just want it to go down so I can buy more while we're still in the early game. The FUD from intelligence agencies ITT only proves monero's inherent value and threat to the central banks.
Hell, even if you're not a political activist or a criminal, it's safer than BTC, as there's no chance of getting fucked over by tainted BTC being used for drugs/cp/cyber-jew-hitmen and associated with you before / after you held it.

It's clear xmr-chan is truly worth more than her market price, only a matter of time until she moons, especially if xmr gets listed on mainstream exchanges and normalfags get involved.
XMR is what people think BTC is; the privacy, the ease of use, the fungibility. Not only is it a steady investment, you're passively sticking it to the man. Easiest buy of my life.

[Anonymous No.30351757]

>>30351583
I did address it. It's a thing that pedofags here conviently ignore.

Like "let's just pretend this does not exist.

>>30349016
>>30349016

They use arguments like "Bitcoin has failed as currency" ,but if Bitcoin fails as currency, Monero fails 1000x more, so they would get rektd even pretending that arguemnt exists.

Same way Sergey gets rektd every time confronted with the oracle problem. You see, him making money depends on him never realising that problem.

[Anonymous No.30351855]

Thanks to the based anon last night who recommended Zcash tower, zalgo text, and a bunch of other small things last night. Really liked your ideas.

Wondering what else I should re-add from the original (pepes on tower, "Second Age" text, etc)?

Also debating whether or not to specify stack amounts (makeit = 100XMR, etc).

[Anonymous No.30351913]

>>30351171
>thinking my evidence is anecdotal
I guess BSC, AAVX, XRT, ALGO, DOT, and others are all anecdotal, right?
>Isn't an argument.
Its all the argument that is needed.
>You can literally make that argument for anything.
Exactly maxipad. That means BTC will not be king of the hill forever. Competitors will replace it as time goes on. XMR is just one of the things that could, and probably will, do it.
>We are measuring against competitors. So longer than literally every other altcoin including XMR.
Again, this means nothing in tech. What is the difference between 11 years for BTC and 7 for XMR in the grand scheme of things?
>Organic distribution and natural distribution.
A few market makers could crash the market if they decided to sell off.
>XMR and say: "Ok it's meaningless that XMR is first privacy coin, it's still shit and won't scale and will get replaced by better privacy coin".
XMR is probably the best privacy coin right now though. The fact that its first doesn't matter.
>Ok, and if you do this then you get arrested and risking criminal prosecution and there is no way you will transmit enough money this way to move the needle.
You literally won't get arrested cuck. Look at the thousands of drug sales going on rn.
>No, just like they caught guys who already did it with LocalBitcoins
They got caught because of bad security practices. XMR and potential money laundering won't have that problem.
>At which point did you disprove my claim that Bitcoin has plausible deniability to allow large financial institutions to buy into it due to having the claim of running ChainAnalysis and accepting only "clean" crypto?
Because if BTC is going to start featuring privacy options like you said upthread, it will be banned (according to what you said about XMR). And unlike XMR, BTC is traceable currently. If BTC is going to continue to remain a public blockchain, than other cryptos do its job better and are better overall investments..

[Anonymous No.30351945]

>>30350160
>default privacy
is why xmr is the gold standard of privacy coins, and taproot/schnorr just reduces tx size making mixers like whirpool cheaper. Taproot is also necessary for xmr atomic swaps if I'm not mistaken, which is obviously superior to mixers.
>>30350359
>Ok, here is log scale. Happy? Still shit long term performance.
I think you uploaded the wrong captura de pantalla, maricon. Look at the pic I posted, every major alt from 2017 or earlier is down 75% or more in sats, at least xmr is doing better than bcash and ripple.
>Overinvested in what?
Monero
>How is it FUD if I can logically and factually argument it?
That doesn't mean it isn't fud. Fear, Uncertainty, and Doubt can obviously be either fact OR fiction.
>What is purpose of calling someone name?
Noob shouldn't be offensive to anyone who isn't new, since they know it doesn't apply to them.
>NOT invest in it and hold BTC instead. I'm happy with my decision and BTC drastically outperformed XMR.
Look at some older alts like LTC that hit rock bottom before mooning in 2017. If you're only holding btc, you're going to regret it in a couple months even if xmr underperforms other alts. You're just stating the obvious and I agree that if someone cares about gains they should hold some btc. And again, most xmr whales probably own more btc than you ever will.
>I come to these threads to present my arguments and see if there are any rebuttals that make logical sense, which might shake my confidence in my arguments.
Maybe try doing your own research instead of using biz for financial advice and expecting internet strangers to hold your hand. Monero is one of the most established coins and has more devs than any other coin but btc and eth, even though at the moment it's ranked #22 in mcap.
>What is the reason you decided to ask me this question? I'm in this thing way before 2017.
Because if you've been through even one bear market you would use better arguments.
>Debunked
pic related is (You)

[Anonymous No.30351947]

>>30351855
>Also debating whether or not to specify stack amounts

Sometimes less is more.

[Anonymous No.30351948]

>>30351729
>it's already a thing

pic related
...

NEXT!

[Anonymous No.30351994]

>>30351948
>37 posts by this ID
You're either overinvested or you're a glowie.

[Anonymous No.30352017]

>>30351945

FYI you're debating a fellow MoneroChad.

[Anonymous No.30352050]

>>30350391
I can only be so erect

[Anonymous No.30352081]

>>30351650
>Just centralize the coin around exchanges
Not even gonna comment on this
>Cash in your wallet is only a tiny miniscule % of exchanges
Ok, same for crypto. You need to remember most people own fractions of crypto
>Only tiny miniscule amount of cash is actually used in crime
Conservative estimates put the total amount of illegal/criminal money in the world anywhere from 10-15 trillion USD. If that's small to you then I don't know.
>Huge portion of XMR is used in crime
Not sure what you mean by this
>Bitcoin fail= Monero fails harder
Now who's using false equivalences?
>Monero can't scale well
>In my opinion
>Monero won't be used because muh pedocoin
>In my opinion
>Banning crypto tanks the value
>In my opinion
For someone who seems to want an argument, you seem to have clearly convinced yourself that your rather relative views of Monero are a representative of the entire truth about the coin.

[Anonymous No.30352136]

>>30351269
Financial institutions are smart to not buy a first gen cryptocurrency that can't even do its main purpose properly.
>Ok, so you are claiming that:
Monero will become so much more useful to offshore institutions that they will:
1) Buy inventory for mining setups
2) Setup huge mining farms, enough to produce the right amounts of Monero
3) Hope they find jurisdiction in which these mining farms simply won't get confiscated by the state. Examples: China.
4) Hope the Feds do not go after them.
5) Hope the Monero price maintains, despite it being a low cap coin.
6) Hope that they can actually find buyers who will buy their Monero for real moneys.
Yes nigger.
>You think that is more likely than them simply buying Bitcoin and obfuscating it via clever way like Offshore structuers combined with BTC?
Or you know what - even buying stable coins like USDT might make more sense.
BTC implements any kind of privacy measures and its gets banned. Offshore structures are not viable because all BTC transaction are public. Therefore, any offshore structures made with tainted BTC from criminals will have their addresses blocked.
>If one wants decentralisation, last thing they would want to do is centralise their mining infrastructure on some shit tier third world country where local tribe leaders will just take over.
Sure, because Mexico, North Korea, and Iran are in Africa.
>NEXT!
Dilate maxipad. Maybe one day you'll finally understand and you can donate some of the BTC to the local technology museum.

[Anonymous No.30352140]

>>30352017
Yea that would be the only other reason, I can come up with better fud than that though. Even the infinite inflation bug fud is more damning.

[Anonymous No.30352161]

>>30351948
>pic related

Nobody cares about the price if not hodling, LTC is useful because its faster and cheaper than BTC and can be exchanged for XMR.

[Anonymous No.30352209]

>>30351407
Billionaires aren't pouring money into your bubble. See the post above with the interview with the trader. ETH is a better investment than BTC, as are numerous other alts.

[Anonymous No.30352273]

>>30351546
>On the streets? And get risk being arrested?
Imagine being this cucked.

[Anonymous No.30352305]

>>30344885
Deboonker reply waiting room. Report in until the deboonker replies

[Anonymous No.30352349]

>>30351650
>False equivalency.
No, because its not just me. Its every single person with cash in their wallet. Every business with cash in their registers. You need to tell the world that their cash has no value.

[Anonymous No.30352659]

So if i'm a new fag with some money to invest, XMR or BTC? Split between the two? Or am I approaching this with the wrong mindset?

[Anonymous No.30352764]

>>30352659
xmr is a stable hold, it may fluctuate but its privacy/scalability advantages over btc basically ensure it will outlive btc, if not outright usurp its #1 spot, in my opinion

[Anonymous No.30352793]

>>30352659
I recommend Zcash.

[Anonymous No.30352840]

set up my pc to mine, getting about 3.5kh/s pretty decent
would i benefit from also running a local node on another machine?

[Anonymous No.30352850]

Keith Woods just did a video on monero.
https://www.youtube.com/watch?v=NFSvuKWLGA4

[Anonymous No.30352873]

>>30352659
Neither. Put into a good alt like DOT. XMR is a long term hold. BTC will be in the Smithsonian in 10 years.

[Anonymous No.30352898]

>>30352850
Based.

[Anonymous No.30352906]

>>30352659
Medium term (a year)? XBT.
Long term (years)? XMR.

[Anonymous No.30352957]

>>30351945
>>30351913
Ok, this is going to be a long one.

>>30351913
> I guess BSC, AAVX, XRT, ALGO, DOT, and others are all anecdotal, right?

What are you claiming?
The fact that you can time the market?
Congratulations, you are smart. Now go make billions.
This thread was about debunking XMR claims to fame and not arguing if you are able to market time or not.
If you can market time with various alts, then you can also do that with penny stocks and what not. Good for you. I don't see how that debunks my arguments though.

> Its all the argument that is needed.

I'll bite.
You claim: "BTC belongs in museim"
I say: "Emotionally charged non-argument"
You say: "Nah"
I say: "That is not an argument"
You say: "That is all the argument there is needed".

Ok, how is that all the argument that is needed?

> That means BTC will not be king of the hill forever. Competitors will replace it as time goes on. XMR is just one of the things that could, and probably will, do it.

Ok, so you are going by "tech will get replaced narrative". Alright, and what makes you think XMR will be the one replacing BTC? This is an XMR / BTC outperformance DEBATE and not "will BTC get replaced" debate, so don't try shifting the narrative.

Do recall the fact that:
1) XMR SCALES WORSE THAN BTC
2) XMR attracts MORE regulatory scrutiny
3) XMR has LESS on-ramps and off-ramps
4) XMR has MORE percentage of crime committed on it (can be confirmed by popularity of drug markets)
5) Drug money is LESS in total amounts than institutional investment money
6) If XMR becomes MORE popular it will be MORE CENSORED also as larger "shady" money attracts more restrictions

XMR is effectively a punching bag of the crypto world. If people claim BTC is used for crime, we can say: "No, no, BTC is clean, XMR is the crimecoin". Thanks for taking the hit.

[Anonymous No.30353009]

>>30351913
>>30351945

> Again, this means nothing in tech. What is the difference between 11 years for BTC and 7 for XMR in the grand scheme of things?

"Grand scheme of things" is a vague statement. 11 years of stability > 7 years with more frequent changes that are being committed by Monero team (added instability and bug risk).

> A few market makers could crash the market if they decided to sell off.

Which would be 100x worse for Monero if FluffyPony decided to sell off.

> XMR is probably the best privacy coin right now though. The fact that its first doesn't matter.

Well, you go by logic that it doesn't matter in tech who is first, so you should also add: "But it doesn't matter, because tomorrow a better scalable privacy coin might replace Monero". If we are honest in using your logical narrative.

> You literally won't get arrested cuck. Look at the thousands of drug sales going on rn.

"You literally won't get arrested".
You claim this with such confidence, yet so many people get arrested for selling drugs and caught money laundering. Precedence in LocalBitcoin arrests confirms this:
https://www.reddit.com/r/Bitcoin/comments/1to08d/arrested_by_the_police_for_localbitcoins_business/

If this was a thing in BTC 7 years ago it will be WAY MORE OF A THING in an actual privacy crime coin now in 2021 and beyond.

[Anonymous No.30353115]

>>30351913
>>30351945
> They got caught because of bad security practices. XMR and potential money laundering won't have tha..

How will it not have that problem?
Again. Simple question - for Monero to "replace" BTC, then more money has to flow into than in BTC. What will make this happen if the coin has risk:
1) Of literally being outlawed
2) Of literally being removed from exchanges
3) Major exchanges already not accepting it

Do you go by narrative that in some weird magical way the mysterious drug lords will provide more liquidity in Monero exchanges compared to all the current money circulating in Bitcoin? That includes billions from Tesla and other companies/funds?

> Because if BTC is going to start featuring privacy options like you said upthread, it will be banned (according to what you said about XMR). And unlike XMR, BTC is traceable currently...

This is CORRECT. If BTC introduces a "privacy" mode, then it indeed will come under stronger scrutiny. Therefore, it might lead to distinguishing of "whitelisted" and "non-whitelisted" BTC addresses. Whitelisted/clean addresses will be accepted by miners and by Coinbase/Major Exchangers, while blacklisted won't. So it will cause asset segregation. But if that happens then privacy coins like XMR will take EVEN HARDER BEATING, because there won't be no "whitelisted addresses" to even evaluate accepting in Coinbase and normie circles.

[Anonymous No.30353174]

>>30351945
>>30351913
> is why xmr is the gold standard of privacy coins, and taproot/schnorr just reduces tx size making mixers like whirpool cheaper. Taproot is also necessary for xmr atomic swaps if I'm not mistaken, which is obviously superior to mixers.

Yes, it is superior to mixers. And Monero is fungible. Monero is indeed the best privacy coin, which is why it's actually a BAD INVESTMENT. Because as the BEST PRIVACY COIN it will also get PENALISED MOST by governments and KYC rules. Many institutions simply will never accept it. I am not arguing for coin being good, I'm arguing if it will outpowerform money. I am here to make money.

> I think you uploaded the wrong captura de pantalla, maricon. Look at the pic I posted, every major alt from 2017 or earlier is down 75% or more in sats..

Yes, but you are arguint that XMR will replace BTC. I just showed you long term trend that even via TA (which is tea leaves), there is no reason to believe that.

> Monero
I hold 0 Monero.

[Anonymous No.30353186]

ok this dumb mexican kid larp is getting old now

[Anonymous No.30353206]

>>30349348
Thinking that centralized exchanges removing Monero will kill it is like thinking that governments closing torrent sites will kill p2p. Cryptocurrencies are global and decentralized, and there is no way this can be stopped by all the governments at the same time. Be grateful to have at least one private coin that allows you to opt out of the massive increasing tax hell that only fuels their propaganda to get more votes and continue in the power position while doing nothing for the interest of your country. Power to the people, buy Monero.

[Anonymous No.30353223]

> That doesn't mean it isn't fud..
Ok.

> Noob shouldn..
Ok.

> Look at some older alts like LTC that hit rock bottom before mooning in 2017. If you're only holding btc, you're going to regret it in...

Right, but that is market timing and alt picking. We can pick some alts and time frames, but long term we measure against the index "BTC". And risk-reward wise if one has no capacity to pick-alts and time markets, then simply for "le hodl" it makes more logical sense to hodl BTC rather than XMR.

> And again, most xmr whales probably own more btc than you..

But that is irrelevant. So what? My arguemnt is only at question of XMR/BTC outperformance long term and long term prospectives of XMR growth, capital inflows in XMR.

> Maybe try doing your own research...

Forums are "doing research". You figure out things in heated discussions not simply googling.

> Because if you've been through even one bear market you would use better arguments.

I'm in BTC since 2012, at some point was in XMR, but realised all of this and dropped it.

> pic related is (You)

And how is that bad?

[Anonymous No.30353253]

>>30350034
>38 posts by this ID

I just ate a steak. I haven’t even thought about Monero since I ordered you to kill yourself (which you clearly have disobeyed) but here YOU are, tap tap tapping away at your keyboard trying so very desperately to fud this, our most holy of cryptos.

Sure, I’m the one who’s seething. how many more posts will you make? How many more times will you bump our beautiful thread? I wager 10 more.

[Anonymous No.30353269]

>>30353206
> Thinking that centralized exchanges removing Monero will kill it is like thinking that governments closing torrent sites will kill p2p.

I didn't say "kill". I said "XMR won't outperform and replace BTC".

Torrents aren't dead.

It's that most people use NETFLIX.

[Anonymous No.30353307]

>>30353186
>ok this dumb mexican kid larp is getting old now

Free thread bumps, we should be thanking him.

[Anonymous No.30353340]

>>30353186
> ok this dumb mexican kid larp is getting old now

If I'm so dumb, how come you haven't debunked all the claims I have made?

[Anonymous No.30353405]

>>30352957
>42 posts by this ID
>cherry picking
>Strawman'ing
>Privacy bad ok
Are you the IRS?

[Anonymous No.30353415]

if monero is so bad why don't you just let us sit in this thread and rot away
instead you're here too

[Anonymous No.30353470]

>>30344885
it would be interesting if you could wrap another coin with monero

[Anonymous No.30353480]

>>30352957
1. No it doesn't, it scales far far better. Prove your claim if you're going to make it
2-6. You could've said these same exact things about bitcoin in 2011 and you would've been retarded then too

NEXT

[Anonymous No.30353489]

>>30344885
i don't think it works for tax evasion. crypto to crypto is taxable for murricans and they will get you at cashout.

[Anonymous No.30353511]

>>30352957
>The fact that you can time the market?
The fact that the whole "you could be making money rn instead of holding XMR" applies to BTC as well. BTC is not a stable investment and should only be looked at as a short term hold.
>Ok, how is that all the argument that is needed?
Because it DOES belong in a museum. ETH and other cryptos do its job better.
>Ok, so you are going by "tech will get replaced narrative". Alright, and what makes you think XMR will be the one replacing BTC? This is an XMR / BTC outperformance DEBATE and not "will BTC get replaced" debate, so don't try shifting the narrative.
Because publicly available transactions history is a retarded concept. XMR is currently the best private crypto, and since the purpose of BTC was originally to be a currency, it will be replaced. ETH and other currencies do other things like smart contracts better than BTC.
>Do recall the fact that:
>1) XMR SCALES WORSE THAN BTC
>2) XMR attracts MORE regulatory scrutiny
>3) XMR has LESS on-ramps and off-ramps
>4) XMR has MORE percentage of crime committed on it (can be confirmed by popularity of drug markets)
>5) Drug money is LESS in total amounts than institutional investment money
>6) If XMR becomes MORE popular it will be MORE CENSORED also as larger "shady" money attracts more restrictions
All of those have been debunked maxipad. Learn to read.
>"Grand scheme of things" is a vague statement. 11 years of stability > 7 years with more frequent changes that are being committed by Monero team (added instability and bug risk).
Obsolete tech from 2010 versus continually improving tech. Yeah.
>Which would be 100x worse for Monero if FluffyPony decided to sell off.
Nah. ETH will take most of the institutional money and we'll continue to handle dark money. Its all good. Besides, we are banned from exchanges supposedly, so BTC price fluctuations won't effect us as much. Pros of being a crime coin I guess.

[Anonymous No.30353608]

>>30353489
>i don't think it works for tax evasion. crypto to crypto is taxable for murricans and they will get you at cashout.

Atomic swap to XMR is untraceable.

[Anonymous No.30353612]

>>30353009
>Well, you go by logic that it doesn't matter in tech who is first, so you should also add: "But it doesn't matter, because tomorrow a better scalable privacy coin might replace Monero". If we are honest in using your logical narrative.
You are right. But that coin doesn't exist yet.
>You claim this with such confidence, yet so many people get arrested for selling drugs and caught money laundering. Precedence in LocalBitcoin arrests confirms this:
BTC users aren't very security minded. Kinda like their coin desu.

[Anonymous No.30353616]

>>30352349
So this was your logical progression and how our argument went.

I claim: "If we use logic that Bitcoin failed as currency due to scaling issues then Monero will fall even harder as currency, because it will be even WORSE at scaling issues"
You attempt using equivalency and slight redirection: "So my cash has failed as currency?"
I say: "False equivalency" pointing out that you misdirected.
You keep claiming you are spot on.

Ok, let's grant you some leeway. Let's pretend that you tried to use the argument that "Cash is so great, BECAUSE its untraceable", but that would be an intellectually dishonest statement, as mosh "fiat" IS traceable and issued by governments. At no point governments thought that fiat will be popular and used, because it's untraceable. No, it will be popular and used because:
1) Governments force you to use it to pay your taxes and pay for shit in general
2) Governments forbid you to use something else
3) It's inflationary, which means you want to get rid of it and spend it

Basically those 3 points make cash in your wallet "useful" and not your argument of it being "untraceable". And it IS traceable somewhat, each USD bill has serial ID to trace its origin. So that proves governments INTENT to have it be traceable. In that way cash in hand is actually MORE similar to traceable BTC than 100% anonymous XMR.


Does any third neutral party reading will confirm your argument holds stronger ground?

[Anonymous No.30353663]

>>30353616
>45 posts by this ID and counting

[Anonymous No.30353667]

>>30349988
> I just tell people that they're a noob for buying shitcoins instead of just low leverage longing btc and buying a make it stack of xmr.
Best crypto investment advice you will read around. Safe and highly profitable.

[Anonymous No.30353739]

>>30353616
Damn, I don't know whats going on here but 45 posts! Seems kinda fishy or maybe you are a chad trying to save us.

[Anonymous No.30353832]

>>30353663
Well, better start debunking each then. I want to see where are flaws in my thinking.

[Anonymous No.30353884]

>>30353608
> Atomic swap to XMR is untraceable.

There is a chance that exchanges will blacklist BTC addresses that came from atomic swaps if they realise this is used to launder XMR.

[Anonymous No.30353987]

>>30353612
> You are right. But that coin doesn't exist yet.

Ok, but also a coin that would replace BTC doesn't exist yet. Because if it would have existed, it would have replaced BTC by now.

> BTC users aren't very security minded. Kinda like their coin desu.

Ok, but if you want XMR to outperform BTC, you would need large quantities of capital.

Which would mean normie money.

Which would mean money that comes from people who are not security savvy.

It also means that with large amounts of money
there would be higher chances of something going astray.

It would mean that eventually there would be many occasions of authorities detecting illicit money transmittal and laundering and clampering down on XMR and anything XMR related thus driving XMR into drug world underbelly and never allowing it to become anything akin to BTC.

[Anonymous No.30354063]

>>30353832
>>30353405

[Anonymous No.30354085]

>>30353884
>There is a chance that exchanges will blacklist BTC addresses that came from atomic swaps if they realise this is used to launder XMR.

Assuming Schorr is activated, an atomic swap with XMR will look like a regular old transaction on the blockchain.

Also, XMR doesn't need to be laundered - it is the MEANS of laundering other coins.

[Anonymous No.30354175]

>>30353987
Monero this Monero that. I just wanna be rich for God's sake!

[Anonymous No.30354279]

>>30353511
> The fact that the whole "you could be making money rn instead of holding XMR" applies to BTC as well. BTC is not a stable investment and should only be looked at as a short term hold.

Of course. I never claimed BTC is panacea and you should go all in.

But if we assume once wants to allocate certain portion of portfolio to crypto, we are arguing if it should be BTC or XMR. I said that it should be BTC based on all the facts explained before.

> Because it DOES belong in a museum. ETH and other cryptos do its job better.

How does ETH and other cryptos do its job better if BTC is most accepted, most popular crypto and also most secure SO FAR?

> Because publicly available transactions history is a retarded concept.

Why is it a "retarded concept"?

Had BTC transactions not been public, financial institutions might not be as prone to accepting it since they would be buying "cat in bag".

There is nothing preventing BTC to add anonimity features down the road if consensus so decides.

[Anonymous No.30354313]

>>30353987
>Because if it would have existed, it would have replaced BTC by now.
Yes, because a ten year market is enough time to see such a thing. See you in ten years maxipad.
>Ok, but if you want XMR to outperform BTC, you would need large quantities of capital.
>Which would mean normie money.
>Which would mean money that comes from people who are not security savvy.
Most people trade in fiat. Crypto is exclusively a speculative investment rn. XMR has the utility needed to attract certain clients to it. BTC is losing marketshare to XMRs and other cryptos.
>It also means that with large amounts of money there would be higher chances of something going astray.
Indeed. The people moving millions of dollars are retarded.
>It would mean that eventually there would be many occasions of authorities detecting illicit money transmittal and laundering and clampering down on XMR and anything XMR related thus driving XMR into drug world underbelly and never allowing it to become anything akin to BTC.
>muh authorities
You do realize the majority of the world is not Amerca nor Western Europe right?

[Anonymous No.30354354]

>>30354279
>There is nothing preventing BTC to add anonimity features down the road if consensus so decides.

Too little, too late.

[Anonymous No.30354392]

>>30353511
>>30353511

> and since the purpose of BTC was originally to be a currency, it will be replaced.

you use "BTC bad currency" argument when we discuss BTC vs XMR. XMR is worse currency because it has worse scaling issues.

BTC scaling issues are solved in second layer solution specifically:
> Lightning Network
> Paypal (yes, price exposure in BTC counts as second layer to normies)
> Square
> Revolut
And literally any other apps that will allow BTC price exposure

> All of those have been debunked maxipad. Learn to read.

That is a lie. Where have you debunked the fact that XMR has less on-ramps and off-ramps than BTC? This is just a false statement.

> Obsolete tech from 2010 versus continually improving tech. Yeah.

How is BTC obsolete when it allows upgrades via protocol change? Guess what, if some other coin figures out some "genius" algorithm, it might be easier to just fork BTC using that algo instead of everyone transferring to the new coin. Hence the privacy feature upgrade in future for BTC. Also, you show novelty bias here. "NEW = GOOD". That is not always the case. TCP/IP is still used. Don't fix it if its not broken. Also ignoring fact BTC can be upgraded if necessary. For example, in case of quantum resistance necessity.

> Nah. ETH will take most of the institutional money and we'll continue to handle dark money. Its all good. >Besides, we are banned from exchanges supposedly, so BTC price fluctuations won't effect us as much. Pros of being a crime coin I guess.

Well yes, if something is not used, it also doesn't fluctuate in price. If nobody used Monero, it would stay at $0. Good point. Only we debated the fact that BTC is a better investment than XMR.

Also, not sure what makes you think ETH will "take most of the institutional money"?

[Anonymous No.30354448]

>>30354354
What is too little and what is too late?

How is it exactly "too late"?

At which exact moment in time it became "too late"?

[Anonymous No.30354458]

>>30354279
>19:22:02
>>30354392
>19:24:41

[Anonymous No.30354650]

>>30354448
>What is too little and what is too late?
>
>How is it exactly "too late"?
>
>At which exact moment in time it became "too late"?

The moment BTC launched. Optional privacy retrofitted as an afterthought can NEVER be as reliable as default full-spectrum privacy built from the ground up.

Bitcoin will thus NEVER be able to do what Monero does and suggesting otherwise is delusional.

[Anonymous No.30354685]

>>30350675
Normies don't even know that altcoins exist. Elon's dogecoin shitposting has been helpful in that regard.

[Anonymous No.30354774]

>>30354085
> Assuming Schorr is activated, an atomic swap with XMR will look like a regular old transaction on the blockchain.

That is good.

> Also, XMR doesn't need to be laundered - it is the MEANS of laundering other coins.

If it is just a "means of laundering", then why would it outperform BTC in terms of price and adoption?

It will just be used for one thing - crime.

While BTC can be used for shitton of things.

>>30354175
If you want to be rich then it does not make sense to buy monero.

> Yes, because a ten year market is enough time to see such a thing. See you in ten years maxipad.

Goalpost moving.
My claim: "BTC is first mover". Is an measurable fact. It's binary. 1- first mover. 0-non first mover.

Your claim is that "ten year markets is not enough" which is vague non argument.
Because if it was 20 years, you could literally say the same.
If it was 5 years you could say the same.

> Most people trade in fiat. Crypto is exclusively a speculative investment rn. XMR has the utility needed to attract certain clients to it.
Yes, certain clients. I never said XMR does not serve a niche. I said it won't outperform BTC.

> BTC is losing marketshare to XMRs and other cryptos.

Not losing to XMR. I proved it in screen.

Second argument - BTC losing to other cryptos.
It isn't true. Pic related.

> Indeed. The people moving millions of dollars are retarded.

Yeah, exactly, which means if people can't move millions of dollars they also can't bump up the XMR price for it to ever become significant. You basically proved my point. Thank you.

> You do realize the majority of the world is not Amerca nor Western Europe right?

The majority of money is USA and Western Europe... AND CHINA.

And if China is strict on this shit.

[Anonymous No.30354863]

>>30354650
> Bitcoin will thus NEVER be able to do what Monero does and suggesting otherwise is delusional.

Great. And why would world dump BTC and replace it with Monero?

I never said Monero is not useful. I'm just saying it won't even be more than a niche use coin and never replace BTC. Because normies don't care about privacy. In fact, lack of privacy can be good. If I'm buying a house with my BTC, I would need proof in court that I actually made the payment if something goes wrong. Public Blockchain provides that proof.

[Anonymous No.30355030]

>>30354863
>In fact, lack of privacy can be good. If I'm buying a house with my BTC, I would need proof in court that I actually made the payment if something goes wrong.
Buy house with Monero, buy guns with Monero, shoot anyone who tries to take your property.

[Anonymous No.30355089]

>>30354863
> lack of privacy can be good. If I'm buying a house with my BTC, I would need proof in court that I actually made the payment if something goes wrong.
https://web.getmonero.org/resources/user-guides/prove-payment.html

[Anonymous No.30355194]

>>30353480
> 1. No it doesn't, it scales far far better. Prove your claim if you're going to make it

Monero doesn't have second layer solutions.
Bitcoin does, also transaction batching, also segwit.

> 2-6. You could've said these same exact things about bitcoin in 2011 and you would've been retarded then too

Incorrect, since Bitcoin was first mover, but these are johnny-come-lately copycats.

I couldn't have said those things in 2011, because there was nothing to compare BTC index to, right now I'm using those arguments to compare XMR to benchmark BTC. Also, you are using intellectual dishonesty pretending that the fact that XMR gets actively persecuted (yes, exchanges are actually REMOVING XMR) is comparable to BTC not having had infrastructure built in 2011. Tsk, tsk!

DEBUNKED
AND SNEED AND CHUCK ALSO

And D I L A T E at all times

[Anonymous No.30355207]

Monero has a specific usecase and is used, please don’t compare it or tear down other cryptos and compare it to monero.

[Anonymous No.30355318]

>>30355089
Ok, you debunked that. Congrats. Great job. 1 down, 29 arguments left to go.

So, let's say you want to buy stocks or actually, anything of substance, even that same real estate.

You know that governments have KYC laws in place that allow them to check that money doesn't come from illicit activities?

This is impossibvle with Monero?

I wonder what will government do:
a) Just allow these transactions, because "there is nothing we can duh DURRR"
or
b) BAN THE FUCK out of allowing XMR-to-real life transactions. Want to buy drugs online? Go ahead! Want to buy a home or stocks or car or assets in company with XMR? JAIL!

[Anonymous No.30355426]

>>30354774
>If it is just a "means of laundering"

Its way more than just a "means of laundering." But it is definitely the best means of laundering other coins.


>then why would it outperform BTC in terms of price and adoption?

Actual utility and demand ensuring it doesn't drop to zero when the crypto bubble finally pops.

Bitcoin can't compete with PayPal on the clearnet, can't compete with Monero on the darknet and is now forcing the "digital gold" meme for its last stand.


>It will just be used for one thing - crime.

Cool, organized crime generates $2 trillion every year.

>Transnational Crime is a $1.6 trillion to $2.2 trillion Annual “Business”, Finds New GFI Report

https://gfintegrity.org/press-release/transnational-crime-is-a-1-6-trillion-to-2-2-trillion-annual-business-finds-new-gfi-report/


>While BTC can be used for shitton of things.

Apparently not.

[Anonymous No.30355449]

>>30355318
>55 posts and counting

[Anonymous No.30355458]

>>30355318
FUDDA
*BANG BANG*
FUDDA
*BANG BANG*
FUDDA
*BANG BANG*

[Anonymous No.30355913]

>>30355318
XMR > BTC > Fiat
Problem, government?

[Anonymous No.30355971]

>>30355426
> Its way more than just a "means of laundering." But it is definitely the best means of laundering other coins.

Sorry, you're right. I forgot drug purchases and human trafficking.

>>30355449
I'm not stopping anytime soon.

[Anonymous No.30355988]

Get ze fudder on ze monero general. Zis is getting out of hand.

[Anonymous No.30356033]

>>30355426
> Cool, organized crime generates $2 trillion every year.

Most of crypto crime money will go into BTC not XMR. XMR will be used only for rarest cases.

Drug lords want a stable, tested coin as well.

[Anonymous No.30356044]

>>30345306 ARE A FAGGOT
>>30345306 ARE A FAGGOT
>>30345306 ARE A FAGGOT
>>30345306 ARE A FAGGOT
>>30345306 ARE A FAGGOT
>>30345306 ARE A FAGGOT
poo.init;() Rajesh.

[Anonymous No.30356079]

>>30355318
So pay in XMR plus $10, report the sale price as $10.

[Anonymous No.30356116]

No matter how annoying fudfags are, they will never be quite as annoying as the guy who spammed every XMR thread saying "CANT BUY WITHOUT KYC" for a week

[Anonymous No.30356129]

>>30356033
>Most of crypto crime money will go into BTC not XMR. XMR will be used only for rarest cases.
>
>Drug lords want a stable, tested coin as well.

My dude, if you're going to FUD our beloved Monero-chan at least make it sound somewhat reasonable.

[Anonymous No.30356175]

>>30356033

>Most of crypto crime money will go into BTC not XMR. XMR will be used only for rarest cases.

Current trends indicate otherwise

[Anonymous No.30356265]

>there’s no point in holding XMR, just hold BTC and convert to XMR for private purchases!
Except when people are holding XMR and the circulating supply decreases, and to handle the volume of people holding BTC wanting to convert for business competes for the circulating XMR and causes a constant uptrend in price.

[Anonymous No.30356310]

I love the tech and in love with crypto not really because of money but coz of the unique features every new project gives..

I just found a gem its looks unique lets see how they work on it
https://mochimo.org/

Plz share with me more good projects.

[Anonymous No.30356327]

>>30346773
CS&D

[Anonymous No.30356330]

>>30355913
If government figures out that BTC came from Monero, then yes, that address might be "tainted".

[Anonymous No.30356350]

>>30356175
>Current trends indicate otherwise

Not least because the US government actively monitors the BTC blockchain for "suspicious activity" and blacklists like a boss.

[Anonymous No.30356376]

>>30356129
Alright. Even if they get money in Monero. Simple question: what methods will these billionaire drug lords use to get into fiat <-> Monero? And not in Mexico, in US.

[Anonymous No.30356415]

>>30356079
>So pay in XMR plus $10, report the sale price as $10.

This leaves place for other party to scam you. They might not send the Monero.

[Anonymous No.30356465]

>>30356175
> Current trends indicate otherwise

Please specify which trends exactly? I showed my charts, now show me yours.

[Anonymous No.30356493]

what do you guys do with your monero to turn it into cash

[Anonymous No.30356546]

>>30356493
> what do you guys do with your monero to turn it into cash

Even /biz/tard doesn't know how to turn monero in cash and people here think big drug cartels will be buying their coins and somehow laundering billions through them lol

[Anonymous No.30356564]

>>30356330
See >>30354085

[Anonymous No.30356608]

>>30356493
Why would I ever sell for cash?

[Anonymous No.30356616]

>>30356546
Lol stfu retard you can literally trade XMR on shit like binance, kraken and kucoin as we speak

[Anonymous No.30356642]

>>30356493
localmonero

[Anonymous No.30356664]

>>30356616
> Lol stfu retard you can literally trade XMR on shit like binance, kraken and kucoin as we speak

Yes, you can now, because right now its XMR is a nobody, but if all the drug money starts flowing into XMR and XMR starts becoming big, then it can be blacklisted on those exchanges as well.

[Anonymous No.30356680]

>>30356415
...so do the XMR part of the exchange first, you absolute cretin.

[Anonymous No.30356754]

>>30345688
>>30346514
>>30354458
>>30356129
>>30356327
Whoever draws Monero Chan is based and talented.

[Anonymous No.30356767]

>>30356664
Good thing there is massive progress being made in the realm of dexes huh?

[Anonymous No.30356821]

>>30356664
>doesn't realize decentralized exchanges are thing
>doesn't realize localmonero exists
>doesn't realize atomic swaps will not be so simple to stop

[Anonymous No.30356837]

>>30356680
Then the other party can bail. "Got my monero and changed mine".You sent them monero, never got the property.

You will sue?

And what will you say: "Hello, I tried to use this illegal pedocoin to buy property, but got scammed"? LOL

>absolute cretin

You just used an ad hominem. That proves you are wrong, as that indicates you lack factual arguments. Sad

[Anonymous No.30356879]

>>30354863
>Because normies don't care about privacy
Then why apple promotes it as their main selling point in wall ads all around the world?

[Anonymous No.30356915]

>>30356837
>illegal pedocoin
Can you show us your FBI badge already?

[Anonymous No.30356930]

>>30356821
>doesn't realize decentralized exchanges are thing
Doesn't realise exchanges can penalise BTC that comes from DEXes.
Doesn't realise fiat still has to find a way into this DEX and if BTC is the gateway, then it proves argument that BTC is a better investment than XMR, since XMR definitely won't be the gateway due to lack of on-ramps and censorship and lack of normie exchanges.

>doesn't realize localmonero exists
Does realise and pointed out issues with localmonero. Same issues with localbitcoins. Limited quantities. As soon as it starts increasing in qtys , authorities start getting interested.

>doesn't realize atomic swaps will not be so simple to stop

Great, but off-ramps to turn the cryptos to fiat will be easy to censor and block.

[Anonymous No.30356939]

[Anonymous No.30356944]

>>30354863
Normies do care about privacy but they are not aware of it.

[Anonymous No.30356988]

>>30356879
>Then why apple promotes it as their main selling point in wall ads all around the world?

Good point.

Main reason normies want "privacy" is so sluts can cheat on their cuck boyfriends and they can't install spyware or tracking devices on their Androids. This is why you see most slut whores using iPhones. They know it's more secure than Android.

[Anonymous No.30357014]

>>30356664
I see you haven't bought any drugs online recently. Let me educate you. Nowadays almost all darknet markets only accept XMR. In case you don't believe me look at dark fail. And specifically white house market which is the biggest darknet exchange and only accepts Monero.

Most of the people convinced to get into Monero over Bitcoin are people that used to use bitcoin to buy drugs but noticed the entire darknet has switched.

Ransomware also demands monero now. Terrorist groups like isis, hezbollah and wrong speak like stormfront now also only accept their donations in Monero

You might think Monero is trash and bitcoin is better and you might be right. However the criminal economy certainly doesn't seem to think so.

[Anonymous No.30357128]

>>30356930
>but off-ramps to turn the cryptos to fiat will be easy to censor and block.

not every country on earth would do this, and VPNs and Tor exist. You're deluded if you think governments can truly stop this. They aren't as all powerful as idiots assume.

[Anonymous No.30357144]

>>30353174
>Because as the BEST PRIVACY COIN it will also get PENALISED MOST by governments and KYC rules. Many institutions simply will never accept it...I am here to make money.
See:>>30348191, Streisand effect, and "price of alcohol during prohibition"
also, the only way to trace xmr is through compliant/compromised exchanges and merchants/service providers. So unless regulators are literally brain dead, it's in their best interest to increase the mainstream adoption of xmr. see: poisoned outputs, timing analysis, subaddress association etc
https://www.monerooutreach.org/breaking-monero/poisoned-outputs.html
>you are arguint that XMR will replace BTC.
I'm not arguing that, I wish that would happen and it might, but I'm not so delusional to say it's guaranteed or even likely. My argument is just that alts in general underperform btc, so it's not an argument against any specific coin.
>long term trend that even via TA (which is tea leaves)
No wonder your opinion and your charting is so shit, you're one of the "TA doesn't work" people that doesn't even know what TA is. You just slapped a random indicator on a chart, TA would be something like "oversold after breaking down from long term support (possibly flipped resistance) at .009, now sitting at long term resistance flipped support" pic related
>I hold 0 Monero.
Why waste your time like this, do you also do this same for other coins like eth, which is also down about 80% in sats?

[Anonymous No.30357200]

>>30353223
>that is market timing and alt picking
Maybe index funds like spx are more suited for you if you're not into trading or taking risks. History repeats itself, ltc and xmr were dumped heavily and were among the last to pump. When they did, they pumped in a vertical line erasing years of losses in a few weeks. eth/btc is up about 6000% since presale and anyone who bought before 2017 is up in sats.
>XMR/BTC outperformance long term
btc has always dominated alts, that isn't unique to xmr, pic related
>long term prospectives of XMR growth, capital inflows in XMR.
high net worth individuals and institutions are starting to learn about btc, the smart ones will diversify a bit into undervalued altcoins like one that has the 3rd most devs but is only #22 in mcap. The black market economy is worth trillions, and xmr will moon if even a tiny fraction of that flows into xmr as society becomes increasingly digital.
>Forums are "doing research". You figure out things in heated discussions not simply googling.
yes but biz is a pajeet/bot/newfag shill infested shithole. Plebbit is unironically a better source of technical discussion. And your arguments have been beaten to death already, pretty sure https://localmonero.co/nojs/knowledge/ covers every signal point you've made in this thread.
>I'm in BTC since 2012, at some point was in XMR, but realised all of this and dropped it.
Sort of skeptical about that. I can believe it though since of course nobody enjoys losing sats, and btc maxis are definitely some of the biggest xmr fudders.
>And how is that bad?
makes you seem like a CNN watching npc.

[Anonymous No.30357211]

>>30357014
Great. So worst of worst are accepting Monero.

Wonderful.

How will that help XMR dethrone BTC? Because that is what we are debating here.

> You might think Monero is trash and bitcoin is better and you might be right.

If you would have read my posts I actually said the opposite.
I said that Monero is actually BETTER than Bitcoin due to its functionality, which ironically makes it WORSE as an investment, because it's actually TOO GOOD.

You see, when people say: "B-b-but isn't BTC used for crime?" now every hedgie can simply say: "No, silly, we have ChainAnalytics and the blockchain is transparent, we can see if it came from bad things and blocklist it. All criminals use Monero anyway."

PLAUSIBLE DENIABILITY.

Had Bitcoin had same anonymity as XMR from start, it might not be where it is today and it sure as hell would be persecuted much harder.

Therefore while XMR is a better coin in general in terms of practicality, BTC is a better coin in terms of investment.

I never said that Monero is trash. I said it's not a good investment compared to BTC.

[Anonymous No.30357253]

>>30356376
>Simple question: what methods will these billionaire drug lords use to get into fiat <-> Monero? And not in Mexico, in US.

Organized crime by its very nature is absolutely flush with cash, they literally have stockpiles of the stuff. So cashing out to fiat is stupidly easy at any time.

The real question is: how does XMR get into the OC ecosystem en masse in the first place? Well, given the historical corruptibility of trad financial institutions, buying up a shitload of BTC via bank wire should be a cinch, probably use some shell corp voodoo to make it seem legit. Then gradually swap for XMR and build up strategic stockpiles. Use XMR back and forth and only cash out to fiat when necessary.

[Anonymous No.30357258]

>>30357128
> not every country on earth would do this, and VPNs and Tor exist. You're deluded if you think governments can truly stop this. They aren't as all powerful as idiots assume.

So now you believe that the normies and hedgies will be using TOR and VPN?

Please read our debate from start.

I wasn't claiming XMR is useless. I wasn't claiming it will die.

I was claiming BTC is a better investment and will attract more money.

[Anonymous No.30357279]

>>30356310

Get the fuck out of here you pajeet with your shit coin

[Anonymous No.30357334]

>>30357144
>unless regulators are literally brain dead
Anon, I....

[Anonymous No.30357401]

>>30356546
its easier with connections but i was born in a fucking shitty ass hick town because of my shitty parents

[Anonymous No.30357444]

ULULULULULULULULULULULULULULUUUUUU

[Anonymous No.30357639]

> Streisand effect, and "price of alcohol during prohibition"

Ok, there is a truth to that.

But you miss the point that if alcohol was banned then Tesla couldn't just put 1.5$ bil in alcohol which would absolutely DWARF any input from normies who increase by buying "forbidden fruit" under the table.

If a certain asset is made illegal, then legal publicly traded companies cannot buy it. And THEY have most money, not normies. Normies drove the 2017 bubble. This one is driven by institutions. So your Straisand effect would not hold ground in this case.

> I'm not arguing that, I wish that would happen and it might, but I'm not so delusional to say it's guaranteed or even likely. My argument is just that alts in general underperform btc, so it's not an argument against any specific coin.

If you argue that alts underperform BTC, then I agree.

> So unless regulators are literally brain dead, it's in their best interest to increase the mainstream adoption of xmr. see: poisoned outputs, timing analysis, subaddress association etc
https://www.monerooutreach.org/breaking-monero/poisoned-outputs.html

But actual criminals would be aware of these tracking methods and would mitigate them. This way the government would just introduce more normies to the privacy coin ecosystem and shoot themselves in the foot.

> No wonder your opinion and your charting is so shit, you're one of the "TA doesn't work" people that doesn't even know what TA is.

I think TA works long term. So weekly, monthly and due to self fulfilling prophecy. Those are logical reasons it might work to an extent. I don't believe it is panacea.

> You just slapped a random indicator on a chart, TA would be something like "ov..

I had 0 indicators. I just showed the long term trend for ration of BTC/XMR, that's it.

> Why waste your time like this, do you also do this same for other coins like eth...

Not yet, I don't know enough about ETH.

[Anonymous No.30357644]

>>30357258
>So now you believe that the normies and hedgies will be using TOR and VPN?

criminal organizations aren't "normies" they are clever as shit. The mobs, the cartels, and even many freelance operators are smarter than your average /biz/ "debater". And most are more clever than the governments entities that pursue them (otherwise they wouldn't exist). They can sure as fuck figure out how to use a VPN.

Get the fuck out of here with your weakass excuses for arguments.

[Anonymous No.30357663]

>>30347200
>it was pretty goddamn difficult to buy
How? What the fuck is wrong with you brianlets? Just use https://xchange.me/ or something, it's about as complicated as sending BTC.

[Anonymous No.30357828]

>>30356754
Seriously, is Monero-chan being commissioned or something?

[Anonymous No.30357900]

>>30357828
The main artist has been anon contributing for over a year now.

[Anonymous No.30357982]

>>30357900
Bless him

[Anonymous No.30358170]

>>30357200
> Maybe index funds like spx are more suited for you..

Index funds are a more logical choice long term.
And I am taking risks by holding BTC.

Trying to up that risk by gambling in alt fluctuations is lottery. I have no capabilities of using TA in a manner which would beat the index (just holding BTC).

If you have, more power to you.

> History repeats itself, ltc and xmr were dumped heavily..

Where is this absolute proof that history repeats itself?
Just because something happened to some altcoins once, doesn't mean it will repeat.
This is too little of a sample size to make that conclusion.

> eth/btc is up about 6000% since presale and anyone who bought before 2017 is up..

I actually did buy ETH before 2017, but I sold it, because I realised that BTC will win long term. I gambled with ETH and won, it was not an investment of intelligence.

> btc has always dominated alts, that isn't unique to xmr, pic related

Well, the whore debate was around the fact that BTC makes a better investment risk reward wise than XMR. That is all. That picture you linked just proves my point.

> high net worth individuals and institutions are starting to learn about btc, the smart ones will diversify a bit into undervalued altcoins like one that has the 3rd most devs but is only #22 in mcap.

If they do that and diversify in others... they will still maintain biggest position in BTC, so... BTC wins again against others. And others move with BTC anyway. Coupled with BTC.

>"Undervalued"
It seems like a very arbitrary and vague term depending completely on viewpoint and perspective. What is "undervalued" to you might not be undervalued to someone else. It's not a definite, logical viewpoint.

> yes but biz is a pajeet/bot/newfag shill infested shithole

Mostly but some people like you actually make good points.

[cont]

[Anonymous No.30358213]

>>30357200
>>30357200
>>30357200
[cont]


>Plebbit ..

Prone to hivemind and mobbing, doesn't allow people to speak their mind, so can't find full objectivity. Since people are incentivised to go with certain narrative to fit their alter ego and karma points. On /biz/ people are more neutral as there is no karma or narrative incentives.

> And your arguments have been beaten to death already, pretty sure https://localmonero.co/nojs/knowledge/ covers every signal point you've made in this thread

Right, but they will use pro-Monero arguments, like "Monero is best!!" only.
There will be no arguments about XMR problems. They aren't neutral. I am looking for truth not pro/contra-bias.
Notice how I admit Monero is good, but I admit why this is a problem. You will not see people talk about this. Because they have to take either pro or contra stance.

> Sort of skeptical about that. I can believe

Usual phase of evolution: BTC->ALTS->ALTS&BTC->BTC

I was big into alts, then just dropped all for simplicity once I realised BTC is main mover and alts follow and I have no capabilities to time markets in order to increase BTC stack.

> makes you seem like a CNN watching npc.

Doesn't matter, only arguments matter. I could be a shit-eating-manlet-Pajeet-cuck doesn't matter, only facts, objective truth and predictive models. This is investing, not instagram.

[Anonymous No.30358311]

>>30357644
>criminal organizations aren't "normies" they are clever as shit. The mobs, the cartels, and even many freelance operators are smarter than your average /biz/ "debater".

Yes, but those alone won't drive XMR to popularity that will help it beat BTC performance long term, which was the whole argument. It will serve a niche use.

> And most are more clever than the governments entities that pursue them (otherwise they wouldn't exist). They can sure as fuck figure out how to use a VPN.

VPN is for noobs. Cartel tiers would be using QubesWhonix

> Get the fuck out of here with your weakass excuses for arguments.

Debunk them to point I have nothing else to say and I will leave and admit you were right. I admitted before to some points which came close to debunking or were on point, so if your logic is good enough, present it.

[Anonymous No.30358391]

>>30358311
have sex

[Anonymous No.30358648]

>>30358391
seethe incel

also dilate

also sneed and chuck

[Anonymous No.30358710]

>>30357900
Oh yeah, that anime is is a really bad association to your Spaniard coin. Why? Because normies associate anime girls with incel losers. Imagine any serious hedgie Chad buying some coin with an anime girl Mascot.

Elon Musk doesn't count, he is an incel himself (paying for sex doesn't count).

[Anonymous No.30358781]

>>30358311
>Yes, but those alone won't drive XMR to popularity that will help it beat BTC performance long term

There's trillions in criminal enterprise alone. Last I checked that by itself would surpass BTCs marketcap.

And that's assuming your assertions that all (or most) governments across the world will ban XMR and try to ban fiat onramps/offramps (which I don't buy for a second).

It's been getting easier to buy/sell XMR as years go by not harder. Normies will eventually wake up to it when some stupid celebrity tweets about it.

[Anonymous No.30358832]

>>30358391
Just hide his threads, he's either farming (you)'s, trolling, or is a literal schizo. Maybe all three.
>>30344885
Let's turn this back into a comfy Monero general. What are your EOY predictions frens?

[Anonymous No.30358843]

NEW THREAD: >>30358823

[Anonymous No.30358875]

>>30356664
You realize it's impossible to dictate what monero is being used for? Are you friends with the ASKO fudder? Get a fucking life dude

[Anonymous No.30359050]

>>30345688
n-

[Anonymous No.30359302]

>>30358843
Oh you think if you can't debunk my points you will just create a new thread? It doesn't work that way sweaty. I'm not letting you go just yet. I'm just getting started. The night is long and full of horrors.

[Anonymous No.30359348]

>>30358875
You do realise that government can easily control on-ramps and off-ramps thus severely limiting capital inflows into Monero?

[Anonymous No.30359443]

>>30359302

Thread has reached its bump limit, you're welcome to keep bumping the new one.

[Anonymous No.30359509]

>>30359443
The fuck is a bump limit?

No, I'm not gonna just copy everything fuck that.