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

/biz/ - Business & Finance


View post   

File: 173 KB, 940x551, 54234091237.jpg [View same] [iqdb] [saucenao] [google]
53509476 No.53509476 [Reply] [Original]

Can Monero beat Bitcoin?

>> No.53509485

>>53509476
No what a stupid question...

>> No.53510081

>>53509476
Why do monero bros insist on constantly picking fights with bitcoiners? Most sane bitcoiners are OK with monero, but monero bros get annoying sometimes by constantly throwing grenades over the wall

>> No.53510152

>>53510081
It's the price, it makes them seeth so thou cope.

>> No.53510388

>>53509476
already has. monero is what everyone thinks bitcoin is.

pricewise monero outperformed bitcoin the majority of time.

monero is the real bitcoin. chads own monero.

>> No.53511763

>>53510388
can confirm, I am a chad and this is true.
also checked Hulk Hogan dubs

>> No.53511839

>>53510081
The posting style indicates underaged or otherwise young teens who only understand crypto's use for illegal purchases. They are sitting atop "mt. stupid" and are under the false impression that Bitcoin transactions not being fully anonymous is a revelation to everyone else on this board. Lack of ability to comprehend geo-political, store of value, or financial interest in Bitcoin, so they grasp for what they do understand - trying to buy drugs online.

>> No.53512048

>>53510081
>he wasn't here for the 100+ post-per-thread polish bitcoin maxi that'd constantly shit up /xmr/ threads

>>53511839
>Lack of ability to comprehend geo-political, store of value, or financial interest in Bitcoin,
you fell for the digital gold meme

>> No.53512083

>>53511839
>store of value
this is a spook buzzword
not a real thing, you cannot store value, as its 100% dependent on the market (bid/ask/volume)

>> No.53512109

>>53511839
>store of value
dumped 70% last year

store of value, lol

>> No.53512404

>>53511839
this is a good post
first they ignore us, we took over dnm
now they laugh calling us young kids while we are starting to take over some clear markets like coincards
we know what this is all about, we're playing the long game
>about her
ok yes also about her

>> No.53512485

no alt can ever win trying to play bitcoin's game, alts can only win fighting amongst themselves

monero should be more concerned about its ticking time-bomb of a privacy technology. if they lose all the druggies to something that isn't so easily attacked it has nothing to fall back on.

>> No.53512615

>monero should be more concerned about some anon fudding its ability to serve as a privacy technology. if they lose all the druggies to something that i won't name that isn't so easily attacked in a way that i won't specify, because....well, it's just isn't as easily attacked ok? it has nothing to fall back on.
>checkmate monerons tehee uWu

>> No.53513348

>>53511839
>store of value
uhuh, yeah, sure

>> No.53514074

>>53512615
get your testosterone levels checked

>> No.53514133

XMR already has beaten bitcoin.
>>53510388
>monero is what everyone thinks bitcoin is.
Even just crypto in general. If you pull someone off the street and ask them what a cryptocurrency is/does they're going to describe Monero.

>> No.53514675

>>53509476
No. It sounds like a fucking low budget Toyota model.

>> No.53514727

>>53509476
The short answer is no. The long answer is only for niche felony shit, so no.

>> No.53515099

>>53512048
>>53512083
>>53512109
>>53512109
>>53513348
I started buying BTC in spring 2013, kiddos. So it's up about hmmm... I'll estimate about a bajillion percent since then.

Fucking canned responses the lot of you.

>> No.53515307

>>53515099
Bitcoin is good because line goes up. Wow bitcoiners really have incredible arguments to back up their surveillance coin

>> No.53515397

>>53509476
not possible.

>> No.53515923

>>53509485
That's simple, one has tail emissions, and one doesn't. One will always be rewarding to mine and support the network, one is going to lose miner support in 2024.

>> No.53516023
File: 172 KB, 1125x832, 1675002838308934.jpg [View same] [iqdb] [saucenao] [google]
53516023

>>53515923
Oh, I forgot to mention that BTC's monetary value matters a lot to its "use case" as "digital gold" or a "store of value". Conversely, the monetary value of Monero doesn't matter that much to its users because Monero is a medium of exchange for goods and services (AKA a currency). Monero could be $100k each, or $100 each, and i honestly wouldn't care. The only thing that would change is the number of tokens I need to buy things. It's foolish to back BTC for the long term.

>> No.53516255
File: 715 KB, 1920x1080, xmr fundamentals.png [View same] [iqdb] [saucenao] [google]
53516255

>>53515397
>not possible.
the decade is still young, and they have halvings and it's consequences to contend with.

>> No.53516266
File: 255 KB, 881x800, Dec2022.png [View same] [iqdb] [saucenao] [google]
53516266

>>53515397
>not possible

>Ransomware pirates will always prioritize Bitcoin
>Monero-only markets will never happen
>OK, but it'll never go beyond the darknet.

How do maxipads keep getting it so wrong?!

>> No.53516270
File: 31 KB, 143x147, schadenfreude.png [View same] [iqdb] [saucenao] [google]
53516270

>>53515099
comply until your death and never change.
Keep making sure everyone on Earth knows your finances, you rebel.

>> No.53516286

>>53516255
>>53516266
still not possible. just look at the fucking charts! still below 2017 high, literally a dead shitcoin.

>> No.53516296
File: 1.59 MB, 1256x980, maxicope.png [View same] [iqdb] [saucenao] [google]
53516296

>>53516286
>still not possible. just look at the fucking charts! still below 2017 high, literally a dead shitcoin.

>> No.53516333

>>53516296
dude it's not just btc eth and even fucking doge is above 2017 levels. basically everything that is not dead.

>> No.53516352
File: 3.96 MB, 640x640, 1675128941597887.gif [View same] [iqdb] [saucenao] [google]
53516352

>>53516333

Wait, you actually take price action in a clownworld market seriously???!!!

>> No.53516563

>>53516352
the market is the most distributed oracle. it sees everything prices in every possibility with their probability. especially on multi year time frames.

>> No.53516615

>>53516023
The funny part of the 'digital gold' meme is that proponents will ignore what happened to regular gold: it was too expensive to move so they built a bunch of centralized layer 2 solutions on top of it (banks, fiat, check claims, exchanges, tally sticks, etc.) until one day everyone just said fuck it and stopped using the layer 1 (physical) altogether as a currency. Now the layer 1 gets called a memecoin by a bunch of finance autists on a Uzbekistani soap box derby enthusiast forum.

>> No.53516644

>>53516615
yep. but even cucked gold outperformed monero since 2017 high. takes a special retard to pick monero to store his wealth in.

>> No.53516753
File: 3.07 MB, 2048x1370, 1673028057234426.jpg [View same] [iqdb] [saucenao] [google]
53516753

>>53516563
>the market is the most distributed oracle. it sees everything prices in every possibility with their probability. especially on multi year time frames.

The current market is highly irrational and fueled by the dreams of retarded normies hoping to get rich quick, ergo literal dog memes achieving insane valuations.

The only reliable indicator of staying power is ADOPTION in real-world markets.

>> No.53516777
File: 712 KB, 1920x899, 16948593858213.jpg [View same] [iqdb] [saucenao] [google]
53516777

>>53516644
>takes a special retard to pick monero to store his wealth in.

Monero is backed by bricks of uncut Columbian marching powder.

>> No.53516817

>>53512048
I don't endorse off the rocker bitcoiners that are unhinged. BTC is for everyone including lunatics though so we cant get rid of em. Sane bitcoiners aren't picking fights.

>> No.53516884

>>53516753
i will always believe the market over random sunk cost bagholder shills on a mongolian basket waving forum.

>> No.53516893

>>53516286
>>53516644
Here's the central issue that you can't get around: Monero will get used and be useful at any token price. Can you say the same about BTC?

>> No.53516894

>>53516777
that would be funny. but it's bs ofc.

>> No.53516911

>>53516893
i'm pretty sure bitcoin will get used on magnitudes larger scale than monero yes. the only think monero can beat is bcash.

>> No.53516968

>>53516911
>i'm pretty sure
>-anon, 2023
I'll be sure to take that to the bank.

>> No.53517020

>>53516968
i mean it already is, and the gap keeps opening. 3 countries have bitcoin as legal tender and 3 more looking to add as legal payment. monero is playing checkers on a football court.

>> No.53517052
File: 643 KB, 942x1194, 765345906.png [View same] [iqdb] [saucenao] [google]
53517052

>>53516884
>i will always believe the market over random sunk cost bagholder shills on a mongolian basket waving forum.

>dog memes do make reliable investments!

>> No.53517065
File: 1.31 MB, 1060x1205, MoneroMafia.png [View same] [iqdb] [saucenao] [google]
53517065

>>53516894
>>that would be funny. but it's bs ofc.

Try keeping up with current events, pal, those Blownero memes exist for a reason.

>> No.53517106
File: 270 KB, 1191x710, CashOrMoneroOnly.jpg [View same] [iqdb] [saucenao] [google]
53517106

>>53516911
>>53517020

Any "use" in mainstream markets is permissioned and can that permission be rescinded at Uncle Sam's fancy.

Hence why establishing and maintaining a foothold in the shadow economy is critical - its permissionless and black markets are eternal.

>> No.53517109

>>53517065
well i'm not going to be exit liquidity for the choppy choppy cartels and the fucking italian mobs.

>> No.53517146

>>53517106
The level of shilling for XMR is pretty shitty. At least the Linkies sound smart.

>> No.53517384

>>53516644
>2017
Do you keep using this year because from 2015-today monero outperformed bitcoin by 6x? Cause it kinda sounds like you want people to forget that

>>53516563
>Le priced in meme

>> No.53517448

>>53517384
if we count from the beginning let's count from the beginning! compare it with bitcoin's first 5 years! cuck! xmr is up like 9000% bitcoin is too big a number to put in here.

>> No.53518413

>>53511839
There are some benefits to it being pseudoanonymous. For one, it's much easier to verify the supply which imo is a more important property. Just need to add up all the utxo amounts.
It's also possible to verify the supply in monero with proofs but that's way more abstract and who knows if there are any other inflation bugs (there was one in the inception). Honestly the price could be so low because of someone anonymously exploiting an inflation bug and nobody would know

>> No.53519398
File: 405 KB, 1200x677, 16987634382.jpg [View same] [iqdb] [saucenao] [google]
53519398

>>53518413
>There are some benefits to it being pseudoanonymous. For one, it's much easier to verify the supply which imo is a more important property. Just need to add up all the utxo amounts.

This doesn't preclude the possibility of inflation bugs. BTC has already had 2, the first one required a chain rollback.

>It's also possible to verify the supply in monero with proofs but that's way more abstract and who knows if there are any other inflation bugs (there was one in the inception).

If the math and implementation are sound, then its just a matter of running the code.


>Honestly the price could be so low because of someone anonymously exploiting an inflation bug and nobody would know.

You can't anonymously exploit an inflation bug, an inflated supply causes real-world effects that are eventually felt.

>> No.53520178
File: 203 KB, 2160x1438, moneroeconomy.jpg [View same] [iqdb] [saucenao] [google]
53520178

>>53509476
I've bought things with Monero.
I've never ever bought anything with b*tcoin.

>> No.53520230

>pls buy my shitcoin
>it's super secret

>> No.53521037

>>53509476
Privacy would always be prioritised by users who know the importance of I anon. Monero would definitely rise and I see even platforms that enable data privacy and decentralized communication taking center stage as well

>> No.53521246

>>53510081
>Why do monero bros insist on constantly picking fights with bitcoiners?
They also seethe in every litecoin thread.

>> No.53521534

>>53511839
if I can't buy drugs or other illegal shit with the currency without being tracked, it's as good as the shit on the toilet paper that I use to wipe my ass with.

>> No.53521625

>>53515099
>I started buying BTC in spring 2013, kiddos.
no you dont, larping faggot

>> No.53521740

>>53511763
HH brother

>> No.53522020

>>53510388
>monero is what everyone thinks bitcoin is
this. if normans understood the difference between monero and btc the value would be swapped

>> No.53522029

>>53509476
In usability? It already has,but you (xmr bagholder) does not have to get rich for xmr to beat Bitcoin.

Your actual question is, when will my bagholding be rewarded? This is what you want to know, well maybe the gains never come. But you are in it for the tech right?

>> No.53522037

>>53516352
based. price movements mean nothing nowadays. shit is mooning and tanking overnight, left and right. the winning move is to embrace clownworld in your finanical moves but not in your morals or everyday life.

>> No.53522088

>>53509476
IMO Monero as ilegal use or philosophy of privacy is logic to became and stable coin so I dont get it when people want to xmr bumps

>> No.53524123

>>53509476
I can't say for sure, maybe in a couple of years when the people are tired of the government up their ass and want some privacy finacially.

>> No.53524135

>>53521534
Privacy coins shouldn't be for illegal use, this is the reason it's being fought against.

>> No.53524145
File: 4 KB, 225x225, 1654514647607.jpg [View same] [iqdb] [saucenao] [google]
53524145

>>53521246
To enlighten more people of the difference and advantages.

>> No.53526506

>>53509476
I fucking wonder why you loser bother yourself BTC and Monero when some solid project could give you more profits.
Fucking look at QNT and ALBT!!!

>> No.53526704

>>53524135
if you can't safely purchase and do illegal things with a privacy coin, then it's not really a true "privacy" coin, now is it?
Think About It.