BTC vs XMR

[Anonymous No.56313600]

Should I buy Monero or Bitcoin? I'm trying to make moeny. Give it to me straight, no retarded paragraphs

[Anonymous No.56313609]

>>56313600
Do you want to send money to Isis? XMR
Want generational wealth? BTC

[Anonymous No.56314114]

>>56313600
Hmmm let's see
>BTC current price: $28k
>upside: 3x

>XMR current price : $154
>upside: 7000x
Yeah, it's a tough one...

[Anonymous No.56314125]

>>56314114
Sounds like head canon. Not sold

[Anonymous No.56314177]

>>56314125
>no retarded paragraphs
That's all I can give you, the straight facts.

[Anonymous No.56314219]

>>56314177
Why is it a fact that XMR can 7000x? But Bitcoin is capped at 3x?

[Anonymous No.56314323]

>>56314219
Because BTC already did 7000x and you missed it.

[Anonymous No.56314345]

>>56314323
Why is Monero going to do a 7000x?

[Anonymous No.56314353]

btc makes new highs every few years
monero's last high was in 2018

old alts aren't investments

[Anonymous No.56314362]

>>56314345
because niggers hate cheese but love chicken but hate cheese

tldr nigger cheese. my IQ is 740

[Anonymous No.56314382]

>>56314345
Think about it

[Anonymous No.56314386]

>>56314382
You sound about as smart as >>56314362

[Anonymous No.56314389]

for market making? both
for purchases? xmr

[Anonymous No.56314392]

>>56314386
when my brain enters a room time dilates. seethe brainlet

[Anonymous No.56314393]

>>56314386
Says the one who sits here spamming shit threads.

[Anonymous No.56314406]

>>56314386
Thank you

[Anonymous No.56314426]

>>56314353
>old alts aren't investments
Why?

[Anonymous No.56314430]

>>56313600
Buy the stuff that will be useful to the people making regulations.

[Anonymous No.56314455]

>>56314430
CBDCs?

[Anonymous No.56314519]

>>56314426
because new alts are printed faster than new money enters the market
old alts can't keep up with new ones, and it has nothing to do with technology or adoption

[Anonymous No.56314552]

>>56314455
And interoperability around them.

[Anonymous No.56314708]

>>56313600
>BTC
there will be total alt death due to ETF. all alts will lose sats. the few that remain will be utility or defi.

[Anonymous No.56314781]

>>56314519
No one is investing in new alts anymore.
The time to show what each crypto is capable of has come, your best investments are crypto that has use cases. And by use cases i mean organic use cases not forced ones like web3.

[Anonymous No.56314786]

>>56314781
>No one is investing in new alts anymore
yeah i turned my back for a year and now rugpulls are maxing out at 1-10 mm MC. shits wild. dexes heralded the end of the conveyor belt of greater fools. regulation and operation chokepoint will kill what remains.

[Anonymous No.56314818]

>>56313600
Owning any coins besides XMR gives you a risk of having tainted coins and going to jail. Its a no brainer. Even if crypto gets banned as a whole, you can still use and hold xmr as private offshore trading account.

[Anonymous No.56314894]

For reasons unknown, some entity has managed to successfully peg XMR to $150 for the past year, which makes it great for utility but not so much for investment.

[Anonymous No.56314972]

>>56314894
Or it makes it an incredible investment. The last two stocks to explode, TSLA and GME, were both short squeezes.

[Anonymous No.56315018]

>>56314114
7000x upside for XMR is never going to happen. Not even close.

If you want big upside for privacy focused token, go for RAIL
>> $0.28
>> $16m in market cap
>> Totally undervalued and privacy-focused.

[Anonymous No.56315025]

>>56314818
Monero is just one privacy protocol. There are others like Railgun, Azero and SecretNetwork that keeps you private as well.

[Anonymous No.56315070]

>>56315018
Railgun is legit?

[Anonymous No.56315086]

>>56313600
both. btc is surveillance network wealth asset, monero is private network wealth asset. you need these two assets, all the rest of the "crypto" market is irrelevant and tokens not needed

[Anonymous No.56315094]

>>56315070
nah its trash. scamtoken on ethereum

[Anonymous No.56315142]

>>56315018
>>56315025
XMR does have that upside and more because it actually has the potential to be THE cryptocurrency in a world where cryptocurrency reigns. Not saying it's a certainty but it's possible.

These shitcoins could ride Monero's coattails for a bit. If they have the right combination of low price now and good promotion at the right time, they could even return more than XMR as long as you cash out. OP asked BTC vs XMR though. Pump and dumps is a whole different category.

[Anonymous No.56315745]

>>56315070
It's legit. The only project that let you use ethereum privately. Just do your research.

[Anonymous No.56315830]

>>56313609

Basically this

[Anonymous No.56315842]

>>56314818
>Owning any coins besides XMR gives you a risk of having tainted coins and going to jail.

Oh please no prosecutor can get a judge to believe that

[Anonymous No.56315857]

>>56315025
Couldn't they hypothetically match gas up to trace identity?

[Anonymous No.56315982]

>>56315857
No one cares about technico debates like this one. Really no one.

Folks need to understand that what makes BTC and XMR valuable are:
- decentralized infrastructure (resilience, trust, no downtime)
- distribution via mining
- block production features

Privacy is a by product of what makes Monero tremendously great

[Anonymous No.56316002]

>>56313600
Bitcoin obviously. I love Monero but it was born to crab. Its bagholders have all married the coin for political reasons, same as silver, always a bad move.

[Anonymous No.56316003]

>>56315982
there's so much going on in the monero space its insane. check out monerica.com

[Anonymous No.56316120]

>>56315857
Probably. It does not matter at all. No one will ever use those coins. They exist purely to make the creators money by tricking retards who want to "diversify" in the "privacy" sector.

[Anonymous No.56318601]

>>56316003
like hwut?

[Anonymous No.56318652]

>>56315025
>Not mentioning the leading privacy smart contract platform
Fucking kill yourself faggot and fuck your scam nigger tier bullshit

[Anonymous No.56319683]

Surveillance coins like Bitcoin are government approved. IRS loves them because it's capital gains if you ever transact. In theory Monero is too, but well, it's difficult to prove. With that in mind: Currency is whatever people perceive to have value. 10 years ago most people would've said Bitcoin is retarded, but it eventually overthrew those economists and thrived despite governments wishes to stop it. Monero can do the same. Will it? Idk. What I do know is that hedge funds are going to provide ETFs for Bitcoin, so it's the safer bet. But you're really not fighting the system, you're just giving governments a surveillance tool.

[Anonymous No.56319696]

>>56315842
If you're ever audited and honestly make a mistake, Bitcoin is just another tool the IRS can use to hang you. With Monero, whatever you report is all they have to go on.

[Anonymous No.56320097]

>>56319683
>>56319696
Monero will never be adopted without help from government. I hope no one disputes this. And I mean adoption beyond redeeming XMR for gift cards lol.

[Anonymous No.56320891]

>>56320097
Arhhhg... ahh jeez. You're not going to like this.... I dispute it.

[Anonymous No.56321560]

>>56320097
>never be adopted without help from government.
Cuckolds should be b& from mongolian basket weaving forum.

[Anonymous No.56321592]

I honestly thought btc was dead when this launched. Because why would a logical person not want the privacy. They had to name the fucking thing monero though and the battle was lost before it even began

[Anonymous No.56321597]

>>56315018
>>56315745
scam token with a pajeet dev shilling here

[Oh, Ohhhh god. Yess daddy No.56321602]

Monero is king use it to flip into hathor

[Anonymous No.56321638]

>>56315070
Railgun is pajeetware with closed source off chain components that they won't tell anyone about.

Tweet below warning people over TWO YEARS AGO, that's why this dogshit never mooned lmao. Picrel is the faggot who runs railgun.

https://twitter.com/buccaneerv3/status/1436548211846565888

[Anonymous No.56321994]

>>56321592
>logical person
Bet you learnt a few lessons about how logical most people are since then.

[Anonymous No.56322401]

>>56316002
You have a point here, Bitcoin will always be the favorable option for any logical investor and rather than invest in XMR I might even go for other privacy solutions which are undervalued at the moment.

[Anonymous No.56323019]

>>56322401
There are quite a number of them which are undervalued at the moment and a number of them have potentials to do better than the XMR.

[Anonymous No.56323282]

>>56323019
My best bet would be going for RAIL while also investing in projects building compliance solutions like NXRA.

[Anonymous No.56323303]

Reminder that discreet, and DIST is also a pajeet scam that has had a three year long presale and they spam the board weekly with their “next gen privacy DAG” scam

[Anonymous No.56323773]

>>56314323
>Because BTC already did 7000x and you missed it.
If that motherfucker missed BTC's 7000x ride, he better not be sleeping on RAIL's epic moonshot too

[Anonymous No.56323856]

>>56314818
You're talking outta your ass. Ever heard of private wallets and privacy protocols?
You can use them to shield up your funds, too

[Anonymous No.56323875]

>>56313600
Bitcoin. Monero is more for if you're trying to wash money or avoid taxes, whereas Bitcoin is the one you want if you're speculating on price.

Having said that, I'm surprised more people aren't going with Ethereum considering how in the long term it's outperformed Bitcoin for the past two cycles. My portfolio is about 70% ETH, but for some reason no one's talking about it.

[Anonymous No.56323920]

>>56315070
This stuff's the real deal, anon. It just smashed a whopping $500M in total protocol volume during the bear market.

[Anonymous No.56323931]

>>56323875
>I'm a turbo midwit

[Anonymous No.56323942]

>>56314114
>my shit price: $0.000002
>upside potential infinity %

[Anonymous No.56323997]

>>56315094
If Railgun was really some scam token like you claim, it wouldn't be hitting these milestones >>56323920
Plain and simple.

[Anonymous No.56324005]

>>56323931
If you're gonna call me a retard, at least say why Ethereum is a bad move

[Anonymous No.56324252]

>>56323875
I have some issues with Ethereum, which may or may not be founded. I will list them in no specific order.

1. Fear of another chain-split: as you may already know, a significant amount of mev-boost relays censor transactions that don't abide to regulators. https://www.mevwatch.info

If validators (Lido, Coinbase, etc.) do this during the block construction phase, we may very well end up with another chain, where one complies with OFAC and one does not.

Right now there is talk of slashing validators who participate in censorship, but could it go the other way and slash validators that make non-OFAC compliant blocks?

In any case I see a possibility of chain split.

2. Centralization of stake: In Bitcoin it's easy to see when miners reach or are on the way to reach 51% of the hash power simply because there is a physical limit to how much energy can be used in a specific location. However, since Ethereum migrated to PoS, stakers are not limited anymore by geolocation. So in theory some entity could be holding a lot more stake than we are aware of.

3. Centralization of nodes: running a node is increasingly difficult as the chain grows in size. It's 1.2TB today and growing. Eventually individuals will be priced out and the chain could belong to the stakes (Lido, Coinbase, other rich entities).

[Anonymous No.56324295]

>>56314114
The eternal state of alt baggies...

[Anonymous No.56324355]

>>56324005
Made this thread if you're interested: >>56324345

[Anonymous No.56324424]

>>56324252
>>56324355
Hey, thanks for actually providing proper criticism instead of just calling me an idiot. I've definitely heard centralization being mentioned as a negative before, so I can see what you mean, but from a utility standpoint my big thing is how Ethereum still has a major presence in things like NFT's. Yeah, they're snake oil, but people are still buying them, whereas I don't see as many things being bought in BTC. As far as centralization goes, wrt to individuals being priced out this is already somewhat true with BTC too, considering how much infrastructure you need to profitably mine. It's not as bad as ETH currently needing roughly $52,000 to mine it via PoS, but for the average person not hoarding their money specifically for messing with crypto it's still prohibitively expensive to mine BTC.

Probably opening myself to spam replies by asking this, but what should I be holding instead of ETH? I mainly held BTC during the last cycle and felt like I made the wrong move since I only gained 5x from it, which is why now I'm not even touching it, at least directly (I'm still holding some shitcoins that are BTC-based).

[Anonymous No.56324492]

>>56324424
>As far as centralization goes, wrt to individuals being priced out this is already somewhat true with BTC too, considering how much infrastructure you need to profitably mine.

When I spoke of the cost of running a node, I was referring to standard user nodes, no mining or staking involved. A full node allows you to verify the chain yourself instead of relying on others. You can compare the hardware requirements from Bitcoin Core and Ethereum official sites. Running a full Ethereum node requires x4 better hardware.
>Yeah, they're snake oil, but people are still buying them, whereas I don't see as many things being bought in BTC.
Here's a little experiment. Go to YouTube and look for people using the Ethereum network to pay for goods, then do the same exercise for Bitcoin and let me know what you've found. Which one is way more used?

[Anonymous No.56324521]

>>56324424
As for your last question, I have no clue. I'd probably invest in real-estate, short term bonds, metals and a bit of BTC. But I'm broke and all I can afford is to play McDonald's monopoly game.

[Anonymous No.56325886]

>>56314708
Btc is based anon. But altcoins have a future as well, I'd keep accumulating and holding in a self-custodial wallet for security in preparation for the bull season.

[Anonymous No.56328153]

>>56314323
For the safest long-term bet in the space, go with BTC, anon. Make sure to lock in a self-sovereign AA wallet for top-tier security and keep accumulating.

[Anonymous No.56328184]

>>56325886
Self custody wallets like BrillionFi are the way to go, anon. They're even diving into Account Abstraction to tackle those pesky seed phrase issues.

[Anonymous No.56328750]

>>56322401
>>56323019
>>56323282
I swear, once I make it I'm devoting my life to murdering you shitheads.

[Anonymous No.56328941]

>>56313600
I own monero and also some btc and eth. I buy goods and services with monero all the time. it is fast, it works, fees are low, coins are fungible, when i make a payment the recipient doenst know how much is in my account. basic stuff.
what would I use btc or eth for? they both seem worse than xmr in terms of having features that are actually useful for commerce. a friend earlier asked me to pay them in btc and so I paid xmr -> btc via trocador to keep the transaction anonymous. seems better than paying with the actual btc i own.
at this point btc and eth feel more like pet rocks than anything else

[Anonymous No.56329133]

>>56314382

ASIC resistant won't do a 10x let alone a 7000x anon

[Anonymous No.56329153]

>>56329133

Nigger

Nigger

Nigger

[Anonymous No.56329166]

>>56314353

The older the coin without broken encryption and steady mining the more trustable, generally speaking.

[Anonymous No.56329172]

>>56314781
>And by use cases i mean organic use cases not forced ones like web3.

Web3 is a marketing buzzword but it is an actual concept.

[Anonymous No.56329187]

>>56315142
>XMR does have that upside and more because it actually has the potential to be THE cryptocurrency in a world where cryptocurrency reigns

The only 2 privacy coins I give a shit about is XMR and ZEC. If you don't have even a conceptual idea of how it is private (ring signatures/zksnark) than it's stupid to purchase or use.

[Anonymous No.56329215]

>>56316120
>No one will ever use those coins.

I've made a purchase with both BTC and XMR.

[Anonymous No.56329226]

>>56319683

>BTC is IRS SPY COIN

That's a new one and I've been here a long time

[Anonymous No.56329236]

>>56320097
>XMR for gift cards

That was it's primary liquidity, ignoring .onions

[Anonymous No.56329247]

>>56324492
>Go to YouTube and look for people using the Ethereum network to pay for goods, then do the same exercise for Bitcoin and let me know what you've found. Which one is way more used?

ETH is for contracts, not necessarily for "money." BTC is designed to be used as cash.

[Anonymous No.56329260]

>>56329226
I'm not saying it was developed with that in mind, but that's essentially what it's turned into. Before KYC, BTC made sense. After, transacting with it essentially means you're just waiting to get fucked over and your transactions are recorded for future scrutiny for all time. Guarantee you if you fuck up on your taxes those fuckers are using chain analysis programs to fuck you over and just waiting to tack on fees. Don't forget, every time you use a crypto to transact, it's a taxable event at least in the United States (land of the 'free'). At least with cash if you fuck up there isn't someone waiting on the other side to fine the fuck out of you.

[Anonymous No.56329527]

Day Three of posting about Nyan Cat Money five hundred times per day until its over $1 each. Post Counter 109

[Anonymous No.56329595]

Day Three of posting about Nyan Cat Money five hundred times per day until its over $1 each. Post Counter 109

[Anonymous No.56329634]

>>56329153
>Spergs out because he lost an argument
Classic Monerocel move

[Anonymous No.56329652]

>>56313600
Only listen to me anon
this is rest of your grandchildren's lives money
>buy bitcoin miners, have them hosted
>search bitcoin miner hosting
>start LLC or Ccorp, trust whatever
>generate profits each month
>save surplus and sell at top
>get loans based on monthly profit
>study bitcoin cycle -80% from peak
>buy miners when cheap "bitcoin asic price index"
ez gainz

[Anonymous No.56329679]

Day Three of posting about Nyan Cat Money five hundred times per day until its over $1 each. Post Counter 109

[Anonymous No.56329724]

Monero is what Bitcoin should have been:
- No ASICs (decentralized)
- No price manipulation from baggies (in fact it's quite the opposite because of paper Monero from CEX)
- Private
- Fungible
- Low fees

I don't care what baggies say - they are retarded. With so many BTC in circulation a huge chunk of it happen in illicit transactions - meaning that tomorrow a baggie might wanna cash out his BTC only to have it permanently seized by the exchange, because it's tainted. I know a few ppl that had this happen and they permanently lost their money - read the exchange ToS before you use them you fucktards - you can't even sue them for this lol.

[Anonymous No.56329751]

Day Three of posting about Nyan Cat Money five hundred times per day until its over $1 each. Post Counter 109

[Anonymous No.56329761]

>>56329724
>I know a few ppl that had this happen and they permanently lost their money
Does you dad work at Monero too?

[Anonymous No.56329811]

Day Three of posting about Nyan Cat Money five hundred times per day until its over $1 each. Post Counter 109

[Anonymous No.56329884]

Day Three of posting about Nyan Cat Money five hundred times per day until its over $1 each. Post Counter 109

[Anonymous No.56329941]

Day Three of posting about Nyan Cat Money five hundred times per day until its over $1 each. Post Counter 109

[Anonymous No.56329955]

>>56329761
No, but tell me - did you read your exchange ToS precisely?

[Anonymous No.56330015]

Day Three of posting about Nyan Cat Money five hundred times per day until its over $1 each. Post Counter 109

[Anonymous No.56330359]

>>56329634
???
He didn't make an argument, just an incorrect statement. My response must have been too nuanced for you to understand.

[Anonymous No.56330389]

>>56329215
what's stopping you from getting it all? I have XMR and BTC and still bagged up on some NXRA, MEX, and ZPAY.

[Anonymous No.56330640]

>>56329260
Lightning and CoinJoin and Tor provide decent privacy. Also having no privacy by default has its advantages. The reason Bitcoin is seeing adoption is because gubbamin sees it as the less threatening digital currency and like it or not, without gubbamin intervention, no digital currency will ever get adopted. If you think otherwise, do tell us in what steps, or via what mechanism could a currency like Monero ever see adoption beyond muh dark nets.

[Anonymous No.56331723]

>>56330640
Bitcoin gained traction despite governments wishes for it not to. Personally , I think that just shows the resilience of this stuff. Cryptocurrencies are kind of designed to be unstoppable. It seems inevitable to me once a few people get blacklisted bitcoin (i.e. you're a plumber and you're paid in bitcoin, but unbeknownst to you the bitcoin was used in a drug transaction) that they can't sell on exchanges, well that would be the last time they accept bitcoin as payment. Suddenly, it stops being a currency. There's a reason pizza day is celebrated in the bitcoin community, because they developed something that actually works as a currency. Doesn't take a rocket scientist to figure out XMR is better for the reasons I laid out. Matter of fact it shows that Bitcoin actually failed. Bitcoin does have value in so far as people don't understand this. Bitcoin will be used as an investment grade asset, hedge funds will buy it, you'll put it in your retirement portfolio. But it's essentially a collector item at this point, not a currency. Monero is a currency. The market could be irrational for decades here though.

[Anonymous No.56332639]

>>56330640
bitcoin is gold, monero is cash doofus, in fact bitcoin is better than gold as you know exactly how much bitcoin banks have, aka accountability. Monero is cash, anonymous and nobody's goddamn business. and bitcoin can absolutely be obfuscated to oblivion just like anything else.

[Anonymous No.56333226]

>>56313600
You want it straight? Buy BTC. For diversification, buy;
>ETH
>MATIC
>LTC
>RAIL
>VRA

[Anonymous No.56334183]

>>56330389
Bagging some NXRA and waiting on the SUPRA Tge has been my hopium dose for a while.

[Anonymous No.56334376]

>>56330640
>>56331723
>>56332639
They need each other. XMR for actual payments - cheap to use and anonymous by default - and BTC for kosher on/offramping

[Anonymous No.56334663]

i'm 100% monero idk about numbergoup i'm just a humble merchant selling goods and services on moneromarket.io and some other sites

[Anonymous No.56336535]

>>56313600
bump