/XMR/ Monero General

[Anonymous No.56708487]

Дoбpo пoжaлoвaть to the Monero General, dedicated to the discussion of the world's leading decentralized P2P privacy cryptocurrency!

Monero is secure, low-fee, and fungible, 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 ensure that Monero's blockchain is obfuscated -- In other words, 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 user willingly providing a view key.

Monero has also improved upon the scaling downsides of current popular cryptocurrencies. To avoid high fees, dynamic block size ensures that the size of the blocks will increase as the amount of transactions 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 to 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 gradually approached 0.6 XMR in June 2022, where it will forever stay. This constant linear inflation means the inflation rate will asymptotically go to zero while continuing to provide an incentive to miners to maintain the network.

If you still have questions, feel free to ask and a MoneroChad will be with you shortly.

XMR Redpill: https://yewtu.be/watch?v=wq6w03E2DS4

XMR Stats: moneroj.net

USE Monero: https://cryptwerk.com/pay-with/xmr/

OFFICIAL WEBSITE - getmonero.org

WHERE TO GET MONERO?

>KYC:
Kraken
Binance
Bitfinex

>Non KYC:
LocalMonero
Morphtoken
Bisq
Tradeogre
Crypto ATMs
see: kycnot.me

>Mining
archive.is/TWOah

HOW TO STORE MONERO?

>Desktop
Official Gui/Cli
Feather

>Mobile
IOS: Cakewallet
Android: Monerujo

[Anonymous No.56708499]

>>56613128
Previous thread

[Anonymous No.56708732]

>>56708487
Monero is dead. Buy Zephyr

[Anonymous No.56708757]

How are you monero bull not unto POOF? Build on monero tech but executed in a compliant way. Currently sitting at 7.5M marketcap while raking in 1.7M profit going straight into POOF buybacks. And, their volumes are growing like crazy. Chart is looking to explode too. Do what you will with this information.

[Anonymous No.56708802]

Can I import a seed from cakewallet into Monerujo?

[Anonymous No.56710047]

>>56708029
it's less than 1%, lower than gold

[Anonymous No.56710401]

You can move to Paraguay with Monero

[None !!ZrnK6IK8Nit No.56711488]

Reporting in
##################################
Swimng Pool - https://pastebin.com/raw/Mb7Dyg24
IRC - https://pastebin.com/kP1gZ1Hk
##################################
Education - https://pastebin.com/V0SFR8qU
Mining - https://pastebin.com/Rd1V8P5L
Nodes - https://pastebin.com/j6Vv2Xn6

[None !!ZrnK6IK8Nit No.56711497]

>>56708802
as long as it's the normal 25 word seed monero uses it will work on any monero wallet client.

[Anonymous No.56712678]

>>56711497
ok thanks

[Anonymous No.56713031]

[Anonymous No.56713062]

moved from p2pool to moneroocean. zeph payments too good

[Anonymous No.56713202]

>>56710047
the problem is its being used to incentivize mining and enable low tx fees. most mining is done through botnets with zero cost so a reduction in inflation changes nothing. and low tx fees are the biggest attack vector that makes deanonymization possible.

[Anonymous No.56713233]

>>56708487
You guys really made me buy this shit instead of SOL. What's the point of holding this crabcoin?

[None !!ZrnK6IK8Nit No.56713618]

>>56713233
Go right now and market sell all of your monero.

[Anonymous No.56713710]

AHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

[Anonymous No.56713872]

>>56713710
are all monero baggies as high estrogen as you?

[Anonymous No.56713963]

>>56713710
If that was true nobody would use Bitcoin for transactions since it would be a huge waste of money to do so.

[Anonymous No.56714282]

>>56713710
Weak bait that was taken down immediately.

[Anonymous No.56715743]

bump

[Anonymous No.56716120]

im gonna into the monero market soon to help grow the circular economy. what are some things people want to be able to buy with monero?
inb4 gf

[Anonymous No.56716237]

I bought about 20 xmr on the fucking top, 500, still holding, basically not touching it till my son turnes 18, so 16 years to go.

Can I be redeemed?

[Anonymous No.56716377]

>>56716120
>what are some things people want to be able to buy with monero?

Precious metals, preferably coins.

[Anonymous No.56717364]

[Anonymous No.56718818]

>>56716120
Rent. It's the biggest expense and can only be done in fiat in almost all cases.

[Anonymous No.56718865]

Uh zephyrs hashrate is 1.5ghz
What the fuck do we do xmrsisters? They are stealing our hash!

[Anonymous No.56719485]

>>56710401
>Paraguay
potentially but im putting more into monero right now because honestly a lot of countries look easy to move to with monero handy.

like yeah your visa might run out but who cares?

[Anonymous No.56719489]

>>56716377
I can do that, ill start with small amounts because i dont have much myself.

[Anonymous No.56719493]

>>56718818
someone is selling a whole farm on moneromarket lol.

[Anonymous No.56719559]

>>56710401
I personally know the person who runs liberation travel. He’s one of the smartest people I had ever met

[Anonymous No.56719608]

>>56713963
actually, it will be used for million to hundred million dollar deals. not for your coffe. but when a company/country orders... a bunch of nuclear reactor equiment for example. or when you order 5000 tons of bananas. you know. actual big amounts. or when you buy a 100 million mcvilla

[Anonymous No.56720324]

>>56719608
>it will be used for million to hundred million dollar deals

This Is What Maxipads Actually Believe

[Anonymous No.56721307]

>>56720324
Yes, and?

[Anonymous No.56721359]

>>56721307

It helps to be reminded why we don't take them and their expert opinions seriously.

[Anonymous No.56722450]

>>56721359
Liquidity is important. The greater Monero's market cap, and the more on/off ramps there are, the easier it is to launder and settle millions of dollars.

Whether Bitcoin actually gets used to settle hundred million dollar deals is one thing, but it's currently the only cryptocurrency that CAN be used to settle such deals. I guess you could say stablecoins too, but stables aren't politically neutral.

[Anonymous No.56722630]

>>56722450
No one here cares about converting back to fiat maxipad. We want to overthrow central banks, you are happy being their lapdog. We are not the same.

[Anonymous No.56722735]

>>56722630
If you want to overthrow central banks, you're going to need to be able to move hundreds of millions in wealth out of central banks and into Monero.

[Anonymous No.56722979]

>>56722735
plz post your bitcorn address fagot

[Anonymous No.56723088]

>>56722735
Central banks don't have wealth. Their system is based on debt and they produce nothing. They are an instrument for the powerful to siphon off wealth from everyone else. I don't need to move hundreds of millions to Monero, just what I have. The great part is, I can simultaneously participate in the fiat economy while siphoning off my wealth to Monero. The fiat system will never see that wealth again, I will only trade it directly for goods and services.

If muh institutional investors don't follow, that's fine. Their monopoly money, musical chairs game won't last forever. When it collapses, my wealth will be preserved as well as those around me. Yours will be destroyed because you have made a deal with the devil.

[Anonymous No.56723188]

>>56723088
Regardless of semantic games about who technically holds the wealth, it remains that there's a lot of wealth out there that can't be easily moved to Monero without liquidity and access.
The wealthy moving their wealth into Monero is necessary for the collapse of the debt-based system, a required loss of faith in it, which is something we should all want.

[Anonymous No.56723288]

>>56723188
Getting into XMR is plenty easy, hell, so is selling it for fiat. What is more difficult is getting in without the state knowing. Exchanges de-listing it is because of state AML pressures, which of course would scare off investors who currently benefit from the fiat system. They directly benefit from the fiat system and are close to the printing press they're good house nigger slaves, can't do anything to upset their master. We don't need them. People in the real economy, the ones actually producing goods and services are the ones we need to convince. Not the people who leech off of everyone's work in the finance industry.

Do you ever stop to ask yourself why the state tolerates Bitcoin if it is such a threat to their power? Almost like it isn't because it is already captured with the simple act of KYC regs and the extreme conservatism of the Bitcoin community.

[Anonymous No.56724186]

>>56723288
The state is power. If Monero took the top spot the state would tolerate it and adapt, not because it wanted to, but because that's where power is. And if a critical threshold of people in your "real economy" adopted Monero, the wealthy and the state would as well, because they would have no choice. That wouldn't mean Monero was co-opted, it'd mean Monero had won.

[Anonymous No.56724598]

Ummm...monerosisters? Our response?

[Anonymous No.56725003]

>>56724186
This scenario for Bitcoin (even aside from the technical infeasibility) would mean the state could easily demand taxes on every transaction to an even greater extent than they do today. However, this scenario could never happen with BTC in the first place because they demand you pay taxes on every transaction. BTC can never compete with fiat for this reason alone.

Such an order with XMR could easily lead to the death of the state because as long as people don't snitch on themselves, they have plausible deniability for their tax burden. It would create an inflection point for the state to collect taxes in a different way and necessarily take the glove off the spiked fist to do so. They wouldn't take it lying down, but in their kicking and screaming would expose themselves for the gang of criminals they are.

[Anonymous No.56725028]

>>56724598
>coinbase
>have fun with taxes

[Anonymous No.56725655]

>>56708732

[Anonymous No.56725662]

>>56708487
monero and hbar
a match made in heaven. One will make it

[Anonymous No.56725770]

>>56725028
To play devil's advocate, not only as a fellow monero enjoyer, and because I've been made aware of this myself recently for reasons I won't disclose, it turns out that goynbase doesn't even report to the IRS anymore. Both they and IRS publication 8949 are actually adopting an honor system approach to reporting. Do with this information what you like, pic related.

[Anonymous No.56725797]

Monero would benefit from a reduction in the tail emission. 0.6 xmr per block is too high.

[Anonymous No.56725835]

>>56725003
>they demand you pay taxes on every transaction. BTC can never compete with fiat for this reason alone.
You only pay tax if you make a profit and on the profit you make.

>>56725003
>as long as people don't snitch on themselves, they have plausible deniability for their tax burden
People already do that with cash, monero isn't doing anything new.
But cash is going the way out so monero could fill the gap. Definitely will happen for the black market, for regular tax evasion I'm not so sure.

[Anonymous No.56726001]

>>56725797
>Monero would benefit

Thanks for the detailed explanation.

[Anonymous No.56726080]

>>56719608
>it will be used for million to hundred million dollar deals.
Are you retarded? No sane individual would move a single cent of BTC if he knew it would be worth 1 mil in 10 years. Especially if he owned large amounts. Imagine if you knew your 1 dollar bill will suddenly be worth 100 tomorrow, would you go buy something with it? Yeah I thought so.

[Anonymous No.56726207]

>>56726080
That's a Keynesian/MMT cope used to justify inflation and degenerate monetary policy.
People will still spend money on food, housing, transportation, medicine, clothing, because those are necessities. And if you haven't noticed, most people have a very high time preference despite being able to invest, so will still maintain discretionary spending.
But having a monetary system that incentivizes a lower time preference and less economic degeneracy is a good thing.

[Anonymous No.56726274]

>>56726080
Of course they would, people go into debt when they could save money each week because they prefer to live in the now than worry about the hypothetical future them. Hell, 90% of investors lose money because of how emotionally unstable they are, you're giving the average person far too much credit if you believe they're capable of holding onto an asset for an entire decade.

[Anonymous No.56726275]

>>56725003
I didn't say anything about Bitcoin, only that a higher market cap and greater access to markets are a good thing for Monero.
Regardless, the state adapting to crypto includes a change in tax laws. You're seeing it with the decreasing barrier to entry for citizenship by investment in zero or low tax jurisdictions, the ability to buy citizenship with crypto or get residency more easily, the growing popularity of digital nomadism and network states.
The US will be the last to reform since it has the most to lose, but other countries have plenty to gain by being lenient towards crypto and taxation, rather than going down with the ship kicking and screaming as you put it.

[Anonymous No.56726338]

>>56726207
>>56726274
>comparing real life to hypothetical
Retards. Of course people do shit like that because there's no scenario where a 1 dollar bill becomes 100 overnight. I was replying to a picture that shows impossible price growth for Bitcoin. My point was that if the market really thought Bitcoin's price would multiply according to the picture nobody would sell and Bitcoin would cease to be a currency. And the reply I got "people would use it for big transactions" is especially idiotic since whales are the exact type of person that stand to gain the most with such growth and would therefore not sell either.

[Anonymous No.56726415]

>>56726338
Bitcoin had a CAGR of 47% over the last decade, the closest we've ever gotten to a guaranteed 100X overnight (though that is being hyperbolic) and still very few people managed to hold that long. Even if it managed to pull the same growth rate over the next decade (which almost no Bitcoiners take seriously) people would still sell constantly because human nature.

[Anonymous No.56727764]

Monero will never moon because it has no appeal to retards. To succeed as a crypto you need to have stratospheric appeal to the left slope people.

[Anonymous No.56727943]

>>56727764
Much like the bull case for XRP, it has to be expensive per coin to provide sufficient liquidity for the target market (transnational crime).

[Anonymous No.56728724]

>>56725797
Less than a 1% yearly inflation in exchange for having very low transaction fee and no mining centralization like with other cryptos?
It's a pretty fantastic deal.

[Anonymous No.56728732]

>>56727764
That woman looks like a skinwalker that can't choose between a human and a deer.
If I saw her in the woods and shot her I would be cleared of all charges because there is no way a reasonable person would believe it's a human at first glance.

The Witch is a great movie though.

[Anonymous No.56729292]

[Anonymous No.56729745]

What do you think is the future price of XMR? It seems like a big crab coin

[Anonymous No.56730268]

>>56708487
Pondering going to FIN, anyone have refference or attended oin the past?
I hearded it was called Bitcoin N' Guns before

[Anonymous No.56730361]

>>56708029
this.
tail emission reward is too high and quicked in too soon imo

[Anonymous No.56730860]

>>56729745
>It seems like a big crab coin
The biggest.

[Anonymous No.56730986]

Where are the OP pasta posts? Need a link in one of them.

[Anonymous No.56731139]

FYI after overtaking Bitcoin on CoinCards sales, Monero has now also overtaken BTC on ShopinBit sales.

To put this in perspective: ShopinBit is the largest EU-based BTC storefront, so this is a pretty big deal.

The conquest continues, maxipads on suicide watch.

[Anonymous No.56732044]

>>56729745
At the current price, you don't buy XMR for the gains, it's a coin you buy for its inherent privacy use case.
Need to make profit? Buy RAIL. Also privacy focused, way lower cap, cheap af atm.

[Anonymous No.56733469]

>>56731139
Makes sense as it’s the only crypto interested in Satishi’s vision. If you seek decentralized peer to peer crypto where 1 cpu means 1 vote you gonna find Monero. The organic market growth speaks for itself.

[Anonymous No.56734464]

>>56730986
>>56708499
check the previous thread

[Anonymous No.56735314]

MONEROMARKET.IO

[Anonymous No.56735775]

>>56713062
based because it pumps monero when the zeph is sold for xmr

[Anonymous No.56737515]

[Anonymous No.56737734]

>>56735775
Can you explain for a brainlet why this coin has such high rewards for mining? Seems like a project that launched a few months ago and already has a huge hashtate despite very little usage. Is it artificially pumped?

[Anonymous No.56737819]

basedboy

[Anonymous No.56737862]

>>56737515
it doesn't look right on the shirt because of the white circle around the M,
remove the white circle and it will be a nice thing

[Anonymous No.56738293]

>>56737734
anon, just ignore the fucking pajeet like everyone else is doing. He will eventually go away to promote his scam coin somewhere else.

[Anonymous No.56738616]

heads up in case anyone has any firo bags. they're going to be ditching mandatory privacy for their next network upgrade.
https://forum.firo.org/t/firo-private-transactions-balancing-with-mica-regulations/3010
https://www.youtube.com/watch?v=C0UB6AKfIlA

[Anonymous No.56738824]

>>56738616
KEK
E
K

[Anonymous No.56739113]

>>56738293
Well where is the money coming from lol? Clearly the pajeet has money to spare if his coin did a x4 and siphoning all the xmr hashrate.

[Anonymous No.56739685]

>>56738616
>they're going to be ditching mandatory privacy for their next network upgrade.

Reminder that compliance cucks get the rope.

[Anonymous No.56740707]

>>56708487
hey anons, retard here. what do you guys recommend for the gui, simple mode, advanced or portable. I am a retard mind you, and I just want a place to safekeep. thanks in advanced.

[Anonymous No.56741406]

>>56740707
I hated using the monero GUI with my trezor wallet. Syncing the blockchain takes forever and you have to confirm on the Trezor every transaction your wallet has ever done as the blockchain syncs. It's an awful user experience.

[Anonymous No.56741425]

>>56728724
>no mining centralization like with other cryptos
Everyone mining Monero uses one of only a handful of mining pools, same as bitcoin

[Anonymous No.56741949]

>>56725770
>adopting an honor system approach to reporting
a lot of incomes are like this now. if you think you are effectively evading the tax man just keep it up and dont tell a soul.

[Anonymous No.56741958]

>>56740707
I went with simple and used a trusted node.

using the gui is really disheartening because its definitely not going to be adopted en masse in its current state.

[cunny_slayer !!T2UdrWkLSWB No.56742105]

NIGGERS NIGGERS NIGGERS NIGGERS NIGGERS
>NIGGERS NIGGERS NIGGERS NIGGERS NIGGERS
NIGGERS NIGGERS NIGGERS NIGGERS NIGGERS
>NIGGERS NIGGERS NIGGERS NIGGERS NIGGERS
NIGGERS NIGGERS NIGGERS NIGGERS NIGGERS
>NIGGERS NIGGERS NIGGERS NIGGERS NIGGERS
NIGGERS NIGGERS NIGGERS NIGGERS NIGGERS
>NIGGERS NIGGERS NIGGERS NIGGERS NIGGERSW

[Anonymous No.56742268]

>>56708487
How will the US targeting of exchanges affect XMR?
Could we see a rise of shadow exchanges?

[Anonymous No.56742270]

>>56742105
A convincing argument. I just bought another Monero.

[Anonymous No.56742279]

>>56742268
It's been happening for a while now. Almost all exchanges have delisted Monero for years, and Kraken is getting sued yet again by the us govt.
This does not really affect XMR. XMR can be obtained easily once you have another crypto like BTC or LTC. Just swap it. It adds another step into obtaining it which is a mild inconvenience but that's it.

[Anonymous No.56743357]

>>56724598
Haha

[Anonymous No.56743463]

I like the coin

[Anonymous No.56744839]

Monero has held the 162 support level easily. Volume still remains elevated due to general bull market crypto conditions. Looking like we will pump to a higher level probably 200 and above here soon, as shorts have no chance at current level

[Anonymous No.56745743]

>>56737734
good question, people on twitter are shilling 24/7, including $LUNA people because the supply can't deathspiral (for example this tweet: https://nitter.net/ParabolicPump/status/1727309892271100395))
it seems like this is the coin people currently think they can get in early, it's only on unregulated exchanges and the bull market should be starting soon

[Anonymous No.56746204]

>>56745743
I recommend to mine it and sell this greedy nigger coin. You would have to be raging retard to buy it now and be exit liquidity. So many faggots gonna lose a lot of money this cycle I do like that. But the use case and project of this garbage you push are simple forms of a much better project: monero.
>warning: cancer causing https://github.com/ZephyrProtocol/zephyr

[Anonymous No.56747482]

[Anonymous No.56749064]

[Anonymous No.56749228]

>>56708487
Is it true that Monero miners dump their XMR for the much more hodl worthy BTC?

[Anonymous No.56749267]

>>56720324
That‘s a red hering if we‘re talking about capability as store if value and you know it.

[Anonymous No.56749360]

>>56749267
>capability as store if value and you know it.

lol another dumbass maxi narrative, nobody is actually using BTC as a store of value. You'd have to be legit demented to expect something that volatile and unpredictable to reliably function as a SoV.

There's a reason why Tether needed to be invented and is still so widely used.

[Anonymous No.56749413]

>>56749228
>Is it true that Monero miners dump their XMR for the much more hodl worthy BTC?

Yes, the big-brained move is to dump the only coin that's actually used for the one that's had its price artificially manipulated upward over the past 10 years.

[Anonymous No.56749707]

>>56749360
>volatile and unpredictable
Downside deviation (volatility) has been decreasing since inception, returns have been greater than almost everything, and it has and continues to follow an extremely predictable trend

[Anonymous No.56749836]

>>56749228
I do not. Cannot say for others.

[Anonymous No.56750693]

>>56749707
>Downside deviation (volatility) has been decreasing since inception, returns have been greater than almost everything, and it has and continues to follow an extremely predictable trend

lol outside of stablecoins there is still essentially zero predictability about BTC and crypto in general, genius, anything can happen at any moment, that's precisely the problem.

[Anonymous No.56750997]

>>56750693
Every year Bitcoin and Monero is running perfectly fine, upgrades perfectly fine etc makes it more valuable. Perhaps you are retarded if you don't see Bitcoin as a tremendous store of value. I guess the game theory of the billions and trillions of dollars backing that price point goes over your head so you denote it as unpredictable.

[Anonymous No.56751588]

>>56739685
rofl

[Anonymous No.56753009]

[Anonymous No.56753118]

>be me
>get home
>open /pmg/ and /xmr/

Simple as.

[Anonymous No.56754220]

I don't even use it, it's just cool to host a copy of the blockchain, small enough to keep it on a modest SSD. Thanks for visiting my blog.

[Anonymous No.56754487]

>>56750997
>Perhaps you are retarded if you don't see Bitcoin as a tremendous store of value.

Nobody outside of the maxi echo chamber sees or uses Bitcoin as an actual SoV, its literally a forced meme at this point.


>I guess the game theory of the billions and trillions of dollars backing that price point goes over your head so you denote it as unpredictable.

lol none of that means anything if you can't reliably anticipate the ballpark price, weeks, months, years in advance. Actual stores of value have decades/centuries-long track records demonstrating sustained price stability, that's exactly why they're trusted enough to be used thusly. Bitcoin, on the other hand, has an utterly abysmal track record for dependability, imagine buying it as an actual store of value at $69K lmao

The only thing Bitcoin has actually been useful for was kickstarting the darknet economy, now it's functionally useless as currency, non-existent as a store of value and thrives only as a ponzi token for whales to play with.

[Anonymous No.56755267]

>>56754487
Nigger, regressing Bitcoin log-price against time gives a correlation of 0.95, long term price growth and the 4 year cycle are both painfully predictable.

[Anonymous No.56755399]

>>56755267
>>Nigger, regressing Bitcoin log-price against time gives a correlation of 0.95, long term price growth and the 4 year cycle are both painfully predictable.

lol muh analysis. Its a *highly* irrational + manipulated market, nimrod, your charts are meaningless and BTC's future price is still just as unpredictable today as it was 10 years ago

[Anonymous No.56755751]

>>56755399
It's not technical analysis, it's just the basic trend+variance. Market manipulation causes deviations from it. Hundreds of different parties maintaining a single trend for a decade via "market manipulation" is impossible. You are either stupid or baiting. Expand your time preference beyond a month nigger.

[Anonymous No.56755765]

when jail

[Anonymous No.56755766]

>>56754487
You underestimate Bitcoin‘s first mover advantage. Due to that attribute BTC is pretty much invincible. There never will be a decentralised network as secure as Bitcoin, attacking it is just too expensive at this point.

[Anonymous No.56756005]

>>56755751
>It's not technical analysis, it's just the basic trend+variance. Market manipulation causes deviations from it. Hundreds of different parties maintaining a single trend for a decade via "market manipulation" is impossible. You are either stupid or baiting. Expand your time preference beyond a month nigger.

lol, again, Bitcoin's future price is just as unpredictable TODAY as it was 10 years ago. Ergo, shitty store of value.

Get back to us when your lines on a chart actually prove useful in that regard.

[Anonymous No.56756010]

>>56755766
>You underestimate Bitcoin‘s first mover advantage. Due to that attribute BTC is pretty much invincible. There never will be a decentralised network as secure as Bitcoin, attacking it is just too expensive at this point.

lol is this your first time here?

[Anonymous No.56756124]

Would you guys bet XMR on Pokémon matches on showdown?

[Anonymous No.56756155]

>>56756124
>Would you guys bet XMR on Pokémon matches on showdown?

XMR Sports Betting & Casino when?

[Anonymous No.56756383]

>>56756005
I'll check in when Bitcoin is at 100k then to see if you're still coping.

[Anonymous No.56757040]

>>56756124
I had this idea long time ago but how to even execute it, but yes we need to gamble and win money in tournaments with xmr heck we need a cryptocurrency for pokemon showdown of course anonimous

[Anonymous No.56758282]

>>56757040
>I had this idea long time ago but how to even execute it, but yes we need to gamble and win money in tournaments with xmr heck we need a cryptocurrency for pokemon showdown of course anonimous
Not sure if you’re being sarcastic or serious. I notice a lot of pokefags talk about not being a wagering shit for matches and tournament prizes so this is exactly why I’m asking.

[Anonymous No.56758291]

will the glowies force kraken to stop offering xmr in the US?

or even on binance global ???

[Anonymous No.56758292]

>>56758282
Not having an outlet for wagering shit*

[Anonymous No.56758717]

>>56756383
>I'll check in when Bitcoin is at 100k then to see if you're still coping.

kek why so bearish?

[Anonymous No.56758741]

>>56758282

MoneroChads enjoy a good wager, we used to have a weekly poker night before Tor started getting raped into uselessness.

[Anonymous No.56759820]

[Anonymous No.56761129]

There is a way to do trading in anonimity?

[Anonymous No.56761361]

>>56761129
Yes. Trade on a DEX.

[Anonymous No.56761436]

>>56708487
>XMR pumps 1.2%
>/XMR/ loses its mind

[Anonymous No.56761458]

>>56758291
I hope so. Only when XMR is banned by every government will it reach its true form.

[Anonymous No.56761467]

>>56761436
NOOOOO XMR IS NOT ALLOWED TO GO UP

[Anonymous No.56762149]

>>56758291
Binance sells paper XMR, I hope they delist it, the real price discovery will take place.
Kraken is cool though.

[Anonymous No.56762215]

>>56719608
No they wouldnt. So I can see on the piblic ledger Iran buying nukes off China and exactly what they paid. Thats dumb af.

[Anonymous No.56763379]

[Anonymous No.56764253]

I haven't been here in a while, what happened to the weekly OPSEC discussion?

[Anonymous No.56764709]

>There are less Monero in circulation than Bitcoin, and this will remain a fact until 2040. By then, it's predicted that Monero will take over the market of offshore accounts, which is currently at least 16.000 times bigger than its whole capitalization.

What will happen once we reach 2040? Explain this as if I was a 5 y.o brainlet

[Anonymous No.56766253]

>>56764709
>What will happen once we reach 2040? Explain this as if I was a 5 y.o brainlet

We'll all be 17 years older. Some of us will even be dead.

[Anonymous No.56766279]

>>56766253
Well and what about my XMR?

[Anonymous No.56766300]

>>56766279
>Well and what about my XMR?

1 XMR will still = 1 XMR

[Anonymous No.56766820]

>>56737734
Most likely. I have a mate whose brother is high up in Crypto and he just pumps and dumps shit. Baaically his comoany is a market maker or there to pump a coin. He gets a call and creates liquidity at a price then when the coin gets to a certain level he pumps it with the owner then they both get out.
They dont fuck each other cause they are both repeat partners for each other.

[Anonymous No.56767933]

Looking like the last time we will see Monero below 170 is coming . Chart looks comfy

[Anonymous No.56768690]

[Anonymous No.56768737]

>>56764709
>what will happen?
Nothing. It doesn't impact the currency in any way.

[Anonymous No.56769134]

>>56767933
Give me a couple more weeks before my new Trezor arrives. I still need to buy cheap

[Anonymous No.56769361]

>>56724186
the monero can not win, Strong state power is invincible.

[Anonymous No.56769667]

>>56769361
https://www.youtube.com/watch?v=zlieWAng4w8

[Anonymous No.56770397]

i sold all my monero for peptides

hel;p

[Anonymous No.56770693]

Does monero have multisigw wallets

[Anonymous No.56771393]

>>56770693

RINO wallet does.

[Anonymous No.56771700]

i've spent most of my bag on drugs over the past few months, i have a problem

[Anonymous No.56772042]

>>56770397
>>56771700
What's your DoC bros?

[Anonymous No.56772683]

>>56771700
Thank you for your service.

[Anonymous No.56772689]

>>56755766
The first mover's advantage is only that. An advantage. It can be overcome, and Monero has just done that. DNMs and grey markets (practically the only real usecase of cryptocurrencies as of right now) are using Monero. Bitcoin lost the first mover's advantage, and now Monero has the market leader advantage.
>inb4 mass adoption
I won't be harsh with you and say that mass adoption is a pipedream, but consider what is mass adoption. It is new markets getting confronted with the choice of cryptocurrencies and choosing Bitcoin. Now why would they do that? Monero is faster, cheaper, private, anonymous, has less volatility, doesn't require KYC to buy, easy to use. Literally Dogecoin is better to use as a cryptocurrency than Monero.
>but muh liquidity
Liquidity is secondary and will always come in response to demand. The only reason Bitcoin can have more liquidity than its real demand is speculation, which will both inflate prices and induce volatility making it a worse choice than Monero for adoption.

>There never will be a decentralised network as secure as Bitcoin, attacking it is just too expensive at this point.
Hashrate =/= network security. Not resisting ASICs has made Bitcoin hashrate cheap as fuck, governments could literally order warehouses worth of hashrate, while the same can't be said for Monero. Si if you calculate the actual numbers, Monero is close to having the same security despite being a way lower security budget and orders of magnitudes lower market capitalization. I don't know, but it's definitely food for thought.

[Anonymous No.56772755]

>>56772689
>Literally Dogecoin is better to use as a cryptocurrency than Monero.
True

[Anonymous No.56772812]

>>56772755
Oh shit, this is what I get for not proofreading KEK. Meant
>[But] literally Dogecoin is better to use as a cryptocurrency than Bitcoin.
Before anyone asks.

[Anonymous No.56774174]

>>56771700
you drove up volume. this will encourage adoption. You're doing a great service to the community :)

[Anonymous No.56775472]

[Anonymous No.56775676]

>>56767933
moonfag

[Anonymous No.56775795]

What sort of motorcycles would people buy with Monero? I see MoneroMarket doesn't have any active listings.

[Anonymous No.56776300]

>>56769134
Using Trezor with monero is a painful experience

[Anonymous No.56776943]

>>56776300
1. Why?
2. I need to migrate my [redacted] XMR from years ago to a more secure wallet rather than keeping it on software. Any recommended hardware wallets for Monero then?

[Anonymous No.56776970]

>>56776943
>Any recommended hardware wallets for Monero then?
It's going to be the same for all hardware wallets. You won't be able to use the integrated suite. You'll need to install the Monero client and have the hardware client only unlock it.
It's a Monero limitation that you wouldn't keep privacy otherwise.

[Anonymous No.56776999]

>>56776970
I was already aware on needing the Monero CLI/GUI + Trezor, yes. I thought there was another limitation or pain point. Got it, I'll still use the trezor once it arrives, thanks.

[Anonymous No.56777090]

>>56775676

Based.

[Anonymous No.56777345]

>>56777090
Nigger that guy called this rally what did u faggots do for Monero? Moonerofags are the front line 10x leverage champions of crypto and unfathomably based

[Anonymous No.56777933]

>>56777345
they are probably just bitter about barely breaking even/ having nothing to show for the last four years of bagholding the infamous crab coin. they want nothing more than to see their bags grow in value, like everyone else.

[Anonymous No.56779048]

>>56777345
>>56777933

Fuck off and kill yourselves.

[Anonymous No.56780093]

MoneroSilver is shutting down operations due to regulatory bullshit. :(

https://monerometals.io/posts/post-10-monerosilver_monerometals_shutting_down.html

[Anonymous No.56780215]

>>56779048
dubs hurt

[Anonymous No.56780977]

>>56780093
Ahhhhh, my heckin' darknet economy don't need no state approval.

[Anonymous No.56781023]

>>56780977
>darknet
>monerometals.io

[Anonymous No.56781036]

>>56781023
Meant to say circular

[Anonymous No.56781215]

darknet board over at https://endchan.net/dnm

[Anonymous No.56781237]

>>56781036

The lesson here is that a genuinely permissionless circular economy cannot have any contact with the clearnet.

100% darknet is the only way to be sure.

[Anonymous No.56782583]

>>56781237
I kept trying to tell the monero market guy this, but evidently he's content making shekels from coomers and cock.li, I just can't believe that the monero metals guy doesn't just go dnm. Those are some small shoes to fill.

[Anonymous No.56783265]

>>56780093
What’s the alternative? The guy actually was successful from what I was reading

[Anonymous No.56783430]

>>56782583
>>56783265

The PM guy has already doxxed himself, moving to the DN wouldn't help him now.

Doing it right means being a darknet-only, Monero-only operation from day 1 and not getting sloppy with your OPSEC.

You gotta assume the glowies will attempt to deanonymize you by making controlled buys and then trying to narrow down where the packages are being mailed from.

The way around this is to randomize where you ship from, never use the same place twice in a row. Shiny Flakes learned this lesson the hard way:

>Two mistakes sealed Maximilian's fate. One was the insufficient postage on a package that focused investigator's attention on Leipzig. The other was laziness: Maximilian kept using the same package station that was situated close to his house to send and receive drug parcels. He would take taxis to package station 145, which was under video surveillance. He always ordered these taxis using a cell phone he used exclusively for this purpose. More than a dozen cell phones and more than two dozen SIM cards were discovered in his room, demonstrating a high amount of effort put into logistics and organization, which continuously grew as the volume of his business did—allegedly hitting 4.1 million euros revenue per year as of February 2015.

An even better solution is using remailers, basically mailing packages to trusted partners around the country who then repackage and ship to the actual customer. But that obviously drives up shipping costs.

Given that and the very thin profit margins we're dealing with here, customers buying PMs on the darknet are simply going to have to accept somewhat higher prices, consider it the cost of doing business in a high stakes, zero-KYC environment. If you're using PMs to cash out, just call it a "privacy tax" and be grateful its not the 25%+ rate the IRS would rape you for.

[Anonymous No.56783545]

>>56771700
spend it on weapons instead
>Verification not required.

[Anonymous No.56784372]

>>56783430
I like your moxie, but we're talking about metals, not feel-goods for degenerates. If bullion dealers can swap for crypto, then its not a matter of law, only control. The hardest part is ensuring packages would get to their recipients in this world undergoing a competency crisis. Regarding shipping, there are other options, but naturally not going to mention them here. Maybe on the bitch, though.
>Privacy tax
There's no way around it since every service has its fee, whether or not people will pay it remains to be seen. the xmr pm guy was probably making a killing advertising on mm, due to use of escrow. It just goes to show you how stupid the idea of wanting xmr on clearnet really is.

[Anonymous No.56784639]

>>56708487
There's a new Monero-carrying CEX that can be used for small volumes (<$2k/day withdrawal) non-KYC or $1M/day KYC: XeggeX

https://xeggex.com/market/XMR_USDT

The downside is that XeggeX doesn't actually have any fiat onramp/offramps so the closest you get is Tether... but if you can't figure out how to get USDT at this point you're a dummy.

[Anonymous No.56785483]

>>56784372

Legal requirements mean collecting and forwarding KYC data above a certain threshold.

[Anonymous No.56786091]

I can't open my own monerujo wallet, it says,

Node connection failed: check username / password

Explain this shit it has happened for 1 month

[Anonymous No.56786193]

based
CEX wallet -> CEX wallet is also off chain

[Anonymous No.56786694]

>>56786091
restore your wallet with your seed phrase with a different software such as the Monero gui or cakewallet

[Anonymous No.56787405]

>>56784639
seggx :DD

[Anonymous No.56787410]

>>56787405
fug :DDDD

[Anonymous No.56788752]

>>56784372
>I like your moxie, but we're talking about metals, not feel-goods for degenerates. If bullion dealers can swap for crypto, then its not a matter of law, only control.

There's a legal obligation to collect customer information and hand it over to the glowies.

>Basically, the Binance press conference made it very clear that they want all crypto financial businesses to use KYC and AML... especially "money-related" businesses such as gold/silver traders. Anything that enables money trading without KYC/AML is going to be categorized as a national security risk.

>I believe that those requirements are really against the underlying philosophy of Monero, so rather than try to introduce them and compromise the privacy of my customers, I'd rather just stop the service.

https://www.reddit.com/r/Monero/comments/18462oa/monerosilvercom_is_shutting_down/

[Anonymous No.56790335]

[LebAnon No.56790413]

God bless Monero

[Anonymous No.56790432]

>>56790335

How very organic.

[Anonymous No.56790635]

>>56785483
>>56788752

You're in a monero thread, posting coal about arbitrary bullshit. KYC? More like KYS my man.

>>56790432
You obviously don't mine, shoo.

[Anonymous No.56791945]

>>56790335
Who is using Zephyr and for what?

[Anonymous No.56791967]

>>56790413
Range this faggot

[Anonymous No.56792035]

Is it a good time to 10x leverage on Moonero right now?

[Anonymous No.56792151]

>>56791945
>Who is using Zephyr and for what?

Nobody and nothing.

[Anonymous No.56792160]

>>56792035
>Is it a good time to 10x leverage on Moonero right now?

[Anonymous No.56792509]

>>56792035
>>56791945
Zeph is the speculative cpu algo of choice, xmr is for storage/washing.

[Anonymous No.56792907]

>>56791945
Token price got inflated and they are early in their emissions so the hashrate distribution between the two coins is fucked. Do yourself a favor and exploit this turmoil while it lasts.

[Anonymous No.56793341]

>>56792035
No, you will get heemed by volatility.

[Anonymous No.56794673]

[Anonymous No.56796701]

Lets say we live in a lunarpunk world and well CryptoCurrencys won the battle against the state because every blockchain that survived is inmune to surveilance, lets say we won, how would the world look like, what would the consecuences for the state, does crime run more rampant and more groups like hamas become inmune to sanctions

[Anonymous No.56796729]

>>56796701
>lets say we won, how would the world look like
It would look beautiful

[Anonymous No.56796736]

>>56796701
>groups like Hamas
You mean a foreign government? They already trade freely by using other friendly governments as a proxy you know.
I don't know what your Jewish media is telling you but they're a democratically elected government of a sovereign nation. It's a war between states.

And I don't think private money would make crime go up that much. Crime is already something easy to do, the only reason people don't is because they're afraid of the legal consequences, and this wouldn't change.

[Anonymous No.56797030]

>>56708487
Will ZEPH overtake XMR anons?

Despite only having a market cap of $90 million, this week ZEPH overtake XMR in hash rate. This is crazy considering XMR’s market cap in comparison.

[Anonymous No.56797144]

>>56725662
RAIL bodies both of them real hard. Unironically, there's no reason to be stacking XMR at this time when you can just buy RAIL and position for a 100x pump

[Anonymous No.56797153]

>>56783265
Railgun is a much better alternative. Regulatory compliant through their private proofs of innocence.

[Anonymous No.56797419]

fuck off scammers

[Anonymous No.56798542]

>>56797419
>fuck off scammers

Based.

[Anonymous No.56799109]

>>56792035
Ey Tone, looks like the bottom is in at 165

[Anonymous No.56800655]

[Anonymous No.56802137]

[Anonymous No.56803838]

>>56796701
>lunarpunk
Blockchains are local to a single planet's gravity well due to speed-of-light concerns making it impossible to sync blockchain transactions between planets. There will be a separate Marsnero net.
>lets say we won, how would the world look like, what would the consecuences for the state, does crime run more rampant
Taking money printing and surveillance of transactions away from the state will collapse any government that doesn't shrink itself down to size in time. This includes bulk repeal of a whole bunch of nanny state laws, and so yes, many behaviors currently labeled as "criminal" would increase, but with most transactions available in public marketplaces, they wouldn't actually be crimes anymore, and people who commit violence for control over black markets would have much less reach.

[Anonymous No.56804511]

>>56710401
Pretty nice.

[Anonymous No.56805637]

[Anonymous No.56806748]

Mobile Wallets outside monerujo and cake wallet

[Anonymous No.56806989]

>>56806748
stackwallet duo
mysu
anonero
monero-cli inside android termux

[Anonymous No.56807994]

>>56732044
>>56797144
>>56797153
Great if you can afford to set fire to your money with extortionate gas fees on centralized Lidothereum. I'll stick to XMR.

[Anonymous No.56808306]

So I did some reading up on taxes and stuff in my country... You only have to tax it if you convert your profits into fiat it seems. So you can just keep it and use it does that make sense to anyone?

[Anonymous No.56808317]

>>56808306
Not that it matters with monero lol
because your position will never increase by 600$ in a year

[Anonymous No.56809405]

>>56806989
>monero-cli inside android termux
Tiny phone touch screens with a terminal emulator are a nightmare. I can't imagine using termux for anything more than rebooting my plex server from bed when it's fucking up.

[Anonymous No.56811364]

[Anonymous No.56812369]

>>56737734
Private 'stable' coin, with BTC/XMR tokenomics, putting it on the lower end of the supply side.
Meanwhile a lot of circulating supply is also being pulled out and put into reserve or stable token. Base coin is thus constrained.

Since this affords people a means to speculate on a private chain, there is at least some portion of users that are entering a (limited) arena to freely speculate without tax man fucking them at every transaction.
That's just one use case of course. It's a limited market, but since it is "monero but a stable algo" I guess some people are assuming darknet markets, who might find the stable coin attractive for the convenience of pricing. Same for prospective buyers wanting to enter said markets. Less friction figuring out how many magic internet units your USD will buy, and so on.
It's all speculation at the moment of course. It pumps because it pumps. Mining rewards simply follow.

[Anonymous No.56812520]

>>56708732
literally 0 adoption

[Anonymous No.56812693]

>>56738616
What a waste of time. This changes nothing for transparency (good for FIRO). Anyone can send to a transparent address (from private addresses). It makes zero difference and regulators are obviously just going to jump back with more strict requirements. Naturally, until all privacy is gone.

Complete and total waste of development time. Refusing to bend would be a better look. This isn't the end for FIRO, like I said, it doesn't ultimately change anything, but it's a terribly look for an already struggling network. I can't even think of a single reason to use FIRO, outside of hedging against network catastrophe for XMR. This only makes me even less inclined to care.
>>56739685
basically this. It's not there yet. Next move clinches it. Comply and die. Non-compliance may not be any better, but at least there's a fighting chance.

[Anonymous No.56812767]

nothing ever happens

[Anonymous No.56812825]

Is there an increased counterparty risk of monero atomic swaps because you're more likely to receive stolen or tainted coins?

[Anonymous No.56813290]

>>56812693
>Non-compliance may not be any better, but at least there's a fighting chance.

Non-compliance is based and the only way to maintain a shred of credibility.

[Anonymous No.56813340]

>>56812825
>Is there an increased counterparty risk of monero atomic swaps because you're more likely to receive stolen or tainted coins?

Pretty much, you'd basically need to have them move their coins first so you can run a taint check on em before proceeding with the swap. You can avoid most of this bullshit by never dealing with BTC, LTC, ETH and BCH all come with a greatly reduced chance of being tainted.

[Anonymous No.56813390]

>>56812767
>nothing ever happens

Need more excitement in your life? Go skydiving.

[Anonymous No.56813751]

>>56813290
Exactly. Die, or die standing.

[Anonymous No.56814804]

>>56797030
does ZEPH uses randomx?
if no, then comparing hashrates like that is plain retarded

[Anonymous No.56814886]

>>56797030
Isn't it just a copy-paste of Haven, a coin that already failed for the same reason Luna did, since their stablecoins were just derivatives of XHV & LUNA, and not pegged to anything.

[Anonymous No.56816232]

>>56814804
Id doez.

[Anonymous No.56816356]

Volume is pumping. The 165 support is unbreakable.
> See you at 300

[Anonymous No.56816521]

[Anonymous No.56816581]

It's nothing but crabs all the way down. I don't believe the chart magic.