Welcome to /XMR/ Monero General, dedicated to the discussion of the world's most widely adopted privacy coin.XMR payments are anonymous, low-fee, and fully fungible. Users can send and receive XMR globally without having to worry about tainted coins. Battle-tested privacy tech (Ring Signatures, Stealth Addresses and RingCT) ensures that critical TX data cannot be gleaned from the Monero blockchain; the TX history of all XMR users is kept hidden, with TXs being optionally transparent via the aid of a view key.XMR ensures low TX fees by employing a dynamic block size that can "stretch" to easily accommodate sudden TX spikes.XMR's mining algorithm, RandomX, is optimized for devices using general-purpose CPUs e.g. desktops, laptops, smartphones, tablets, keeping the barrier to entry low and ASICs out of the equation.XMR's tail emission - 0.6 XMR per block forever - incentivizes for-profit miners to keep mining, helping boost long-term network security. This constant linear inflation trends to zero and is offset by coin loss.XMR has proven to be the only altcoin capable of overcoming BTC's network effect by driving it out of the darknet economy BTC dominated for over 10 years. XMR is also starting to overtake BTC in clearnet commerce as well.If you still have questions, feel free to ask. A MoneroChad will be with you shortly.XMR Redpill: https://youtube.com/watch?v=wq6w03E2DS4Comment too long. Click here to view the full text.
>>61567073
>>61565488It will never happen at any significant scale and you know it. No ((government)) would ever allow it.
>>61568286not to you though they allow it to settle payments between themselves
>>61568286It makes sense since the objective of cryptocurrency is to make the centralised bureaucratic apparatus obsolete.
>>61568459there'd have been more to what could be done with them before those outcomes would have become problems
do you have any group of like minded individuals to discuss your moneymaxxing endeavours with or are you completely isolated in a pit of low iq normies fighting crabs in the bucket mentality type ish retards daily?how do you cope day by day? do you have a game plan? are you locked in full time wage slaving grindsetting? are you evolving? or have you given up other strats than the basic wage slave into invest?
>>61567279I have some friends who know a little but I can never share my worries or woes since they're not involved. Wish I was just a normie with a normie job and a normie life sometimes.
>>61567279I’m a doctor, in my year class there were a lot of tested 135+ iq people who didn’t give a fuck about becoming rich. Wanring to be rich is a midwit thing.
>>61568173>vaxxtard>muh iq
>>61568173you're a mid for even mentioning iq
>>61567279Unexpectedly, yes. He's an Amsterdam fellow IIRC. Apparently I should be more bullish when it comes to my positions but when they pop-off they pop-off, I don't have the experience to back being cocky. In any case, he's glad to have someone else to talk finance and life about and he looks at different fields so it's always interesting to hear from him. Good lad.
At what age should a man have reached his first million net worth?
>>61562855If you aren't part of the top 10% in 2025, you're lower class
>>6156285530? Honestly, I barely reached my first 200k just because I got there early to take some snowball, it will take me years to reach 1mil
>>61562867Thiswomen don't like 'hard workers', they like guys who knew they were winning from day 1,
>>61568048>women don't likenobody caresshow tits
>>61562855Before 30Otherwise you won't reach escape velocity
Do you add all your investments to your linkedin profile, or only your biggest holdings?
Great idea anon
>>61568246how do I add my holdings of fartcoin?
>>61568246>fartcoin investors to the front of the interview queue
India keeps winning.
>>61565689India is in asia
Saar!
>>61552415Joke's on you. AI = Actually Indians.
>>61550763based. the terminal jeetification will destroy everything
>>61549797The guy who made this meme got so butt blasted over trump winning he became one of those bluesky trannies KWAB
bitcoin is very bullish!!
>lower highsit's over...
What the fuck is this clown world nothing makes sense anymore
>>61561573Whoah the price doesn't consistently go up???
>>61561647because that's not what happened. Gold is the last resort, the last asset. To move the market 1.5 percent down, that means huge players had losses to cover and they couldn't liquidate anything else but their highest tier asset because that's all they had left. They all dumped to pay their debts, but gold will go straight back up, they will all be trying to buy it back. Enjoy the info and hope it helps you not panic, but that kind of move is by big players liquidating their gold because they have no other liquidity left. BULLISH NIGGER.
>>61566340Correct, if exaggerated. The fact it's the most valuable, last to go asset is generally true, and especially true for smart money. It peaked, therefore it was an optimal point to sell to cover losses. It is just a small, healthy pullback to return to the baseline slope.
>>61561573How soft do you have to be to come to this board just to make a board like this one? OP sucks dick.
>>61561573Banks had to sell to cover their massively retarded silver short unwind.Likely wasn't all gold, but part of the pile
>Samsung is making more money selling ram to data centers than with anything else>AI companies valued over a trillion dollars>all products are available for free>radiologists don't need chatGPT they can just run AI locally>you can make images locally and don't need data centers>you don't need AI companies and they're giving it all for free because you don't need them>AI hasn't produced anything meaningful to humanity>CEOs of irrelevant companies adding "AI" to their scripts because they know it makes stock go up, like in the dotcom boom
>>61565331The general meta is to use a shitty small model locally, but pay for chatgpt 12 or whatever for a few months and just run whatever specific use case you have through chatgpt but fine tune the local cheap model.After a few months the local model will handle most of the use cases and you cut the chatgpt API calls.
>>61564170>the goal is to keep advancing by training more advanced onesWith what data? All data available has already been consumed.
>>61565287T. Read that one xeet from strawberryfag
Other than the formation of Roko's Basilisk in real-time, where is the money behind these literal trillions of USD of investments in AI supposed to come from? There is no product being developed through AI, there is no increase in the efficiency of industrial, agricultural, scientific, or cultural yield that can make even a fraction of what's been put into it back, and there is nothing being generated through prompts that won't immediately be invalidated by the existence of someone's knowledge of said prompt that can generate the exact same model as well. The race to AGI isn't something with a clean forecast for a timeframe (half because they keep lobotomizing AI for Israeli interests, half because development is being hampered by lowest-bidder hires making the bulk of the scientific workforce so companies can save money in the process) and even with the development of AGI, it will still be years before it produces anything of concrete value beyond its own existence as a theoretical infinite value engine. I could trust that a large portion of this is billionaire fossils being scammed out of their fortunes by some of the craftiest techno-jews in existence and simply being played at all levels because they see some numbers going up today, but there has to be a point where they realize that financial autofellatio can only sustain itself if there's something else to be brought in. What exactly is the sales pitch for another $100,000,000,000 investment into a data farm, chip supply, and research budget into this process?
>>61561589>AI hasn't produced anything meaningful to humanity
>not even a 3x this cyclekek, lol, lmao, roflmao even
>>61567490>muh digital silver
>>61567490why would anyone buy this when zcash exists
Still worth more than chainlink
>>61567499More like digital dog shit
Global conspiracy edition>Some helpful links to numb the painhttps://findahelpline.com/https://www.nvidia.com/refunds/https://www.whitehouse.gov/refundshttps://jlingz.com/>Educational sites:https://www.investopedia.comhttps://www.khanacademy.org/economics-finance-domain>Financial TV Streams:https://www.newslive.com/american/cnbc.htmlhttps://www.livestreamy.net/bloomberg/Comment too long. Click here to view the full text.
>>61568144Ben could take that guy.Not a good look.
>>61568157RIP
>>61568157How the fuq do you die from stims OD? Heart attack? Stroke?
>>61566749Chingchongs
>>61568157Genuinely very sorry to hear that, anon. May you be able to find peace.
>born in the 2000sBy the time you're 18 and finally able to make a bit of money, all the good opportunities have vanished and also you're parents lived through 2008 so there was no good foundation for you to launch from anywayThe young pill is brootal
>>61566492Look at this coping wagecuck.
>>61566543>Pic relDamn that's grim. Meanwhile boomers got multi-million dollar pensions Total boomer death
>>61566448>just magically know which assets are going to 1000x despite their complaining millennial uncs really had it easy, huh?
If you’re 18 I have an opportunity for you to make money.
>>61566543Idk how people like this exist. How do you work at a fast food job for 27 years? That shit is meant for teenagers on their first job, it's not a career.
Is this guy really as impactful as the memes would have you believe?
>>61567650Yes, he is, but I don't blame the yellow rat for doing what he does, I blame all the retards that allowed him to become so powerful, like the orange retard that sold his pardon for a few billion dollars, or all the retards that used and still use Chinance to this day.Crypto is a PvP game, and the best players deserve to win.
>>61567826You are right, but i am trying to do gods work and make a nice anti cex spam, so more faggotts will leave these scamming manipulating fucks.
>>61567807No because if Satoshi were to come back he would be able to leverage his bitcoin stack. Unlike CZ or Saylor, the Satoshi coins have no strings attached to them.
>>61567870I wonder how much he would. Satoshi's coins are all in old 2009-era wallets and not KYC'd. The second he tries to move coins outside the BTC network he would encounter a heap of obstacles, not least of which would be compromising his personal security ($100b in crypto).
>>61567650Before prison he was running wash trading bots.After prison Binance is one of the largest exchanges.So yeah, he's wielding quite some power.
Finally realised that it’s just sitting in my low interest account getting bled out by inflation and I want to do something about it by investing most of it an index fund (within an ISA), but is this the wrong time to buy in?Most of the recent growth in the S&P500 and even the VWRL index fund has been driven the magnificent 7 and their speculative AI bubble, if I invest now and the bubble pops in a year, how long could it likely take for my investment to break even again? Could it be possible that the AI burst kills stock market growth for the next decade like the dot com bubble did? Wondering if it’s more sensible to place the money in a cash ISA or to invest in commodities instead (but not BTC, as that could dive along with AI stocks and never recover)
For me, VWRP in my ISA, VAFTGAG in my SIPP.I have considered others like FWRG but ultimately I don't care and I didn't like the spread for regular buys, as I like to chuck in any spare money I have at any given point.I personally fill my SIPP before my ISA because of the tax relief is still an underrated boost to your investment.If the market goes bang which it will do eventually as that's the nature of it, the most important thing to do will be to keep regularly buying. People will tell you it took 13 years to recover from 2000 dot com crash, they are spastics who can only look peak to peak on a chart. That scenario is if you went all in at the absolute top and never bought another unit afterwards. Same in 2008, if you kept buying you were back in profit in no time.
>>61565981ETFs and Mutual Funds can both be indexes OP, they can also both NOT be indexes. It depends on the fund, you need to read what it actually does in the summary or Prospectus.In any case, don't worry about whether it's going up or down. If you're afraid of the market dropping in 2026 then just DCA instead of putting all your cash in as a lump-sum.Just spread it out. Put like 50% in an S&P 500 Index fund, 20% in an International Fund excluding the USA. The other 30% you can focus on more value focused funds and a gold fund (miners or physical bullion). You shouldn't hold any cash or bonds, they're completely useless funds at a young age. If you want dry powder for buying dips, have a maximum of 5% cash in a Money Market Fund, no bonds.You should have a 6 month to 1 year emergency cash allocation in your bank account before investing, just to cover things like an accident, losing employment, etc.
>>61565917No its about the right time, nigger. The best you can hope for is an early crash in your investment career, because now you have not much to lose and can easily dig your way out of the hole by buying the dips. Crash one or two year later like in my investment career is a little bit harder to stomach but still doable. Stop asking, just do it, take responsibility over your life and start acting.
>>61565917Put in 1500 a week and you'll be alright
Thank you all for the helpful advice>>61566096>People will tell you it took 13 years to recover from 2000 dot com crash, they are spastics who can only look peak to peak on a chartI was worried about buying in at or near the peak and being at a loss for years, but as others have said I can DCA to reduce the impact of this
Is moving to China as an English teacher and finding a Chinese woman from a rich family to marry a viable option for making it, if you're an above average looking white guy?
Not a bad idea, go hang out at the music colleges. Rich families send their daughters to learn music over there. Chengdu has the most beautiful women in China, plus awesome food that's where im going again if I ever get the chance.
>>61562667my friend dated this rich chink, her family owned some 10 level mall in a Tier 2 city. He had a benign brain tumour (long story but its been fine since he was ~10 yo) and the dad forced her to end the relationship over that.
>>61557599>Is moving to China as an English teacher and finding a Chinese femboy to pound his boipucci a viable optionIndeed
>>61558770There are excellent trad smart white women, and unbearable Chinese women, but in general, whites are kiked out of their mind, many are shit value graffittied good for nothing feminists and I can understand preferring an Asian women. Learning a language is nothing compared to finding a loving, non-feminist wife that you can treat as your equal without rolling your eyes or feeling like a babysitter.
>>61562071Swedish nigger, Swedish slime, or Swedish feminazi?
>muh store of value>rugs -10% in a day
>>61567759you can play make believe all you want
>>61561953you'd think making so much money like this would have peope bragging with very easy to get proof but here we are
>sir they're doubling down
>>61567829>sir, the second top just topped>the currency is under attack
>>61561613Oh no!It’s back to where it was Friday
Every pullback is an opportunity
>>61566713Bot
I dont understand, I thought the CME raising the margin call for Silver to 25k was market manipulation to tank it for at least a few weeks. How is it already coming back up 5% the next day? Is this the time to sell and wait for another fall? Do I hold?
>>61567597>Why does an exchange even care what the price is?
>>61567634One more thing, most big players are not so overleveraged that a reasonable margin increase will cause mass liquidations or maybe even any.
>>61567639Because it’s a part of the American soft power system and if American banks collapse because they made bad short bets it speeds up dedollarization
>>61567667>if American banks collapse because they made bad short betsyou can't even know what orders are openit's a literal "trust me bro" all the way to the base
silver won
Stacked Edition>Why precious metals?https://youtu.be/i3S4rl6ehiIhttps://youtu.be/gksenA5Al_Ahttps://youtu.be/FI7NnOg2rxo>Huge deficits in minerals such as silver by 2050 inevitablehttps://youtu.be/iibsrDXdEos>Bullion dealershttps://libertycoin.com/(US)https://www.chards.co.uk/(EU/UK)https://www.silburycoins.co.uk/(Ancient)https://www.luciteria.com/(Other rare metals)Comment too long. Click here to view the full text.
most of my stack is 90% constitutional. how fucked am I?
>>61568804It’s probably the most liquid form of silver outside of the comex 1000 oz bars
It’s very easy to buy/sell very easy to transport, and it’s easily the most fungible form of silver.
New Thread:>>61567980>>61567980>>61567980
>>61566902I bought 200 ounces when it dipped below 50. Very Glad I did.
I am quite smart. I used to think I was very smarter than average so I bet on stocks. I put everything into AI stocks when no one knew about AI. When ChatGPT came out I sold them because I thought well the rest is priced in. I moved that into another industry. Now the same thing is happening.Overall I barely made money not because I was wrong, but because the average investor is a retard. They are just wrong in their assumptions. If I wait long enough, I am right. But long enough is years. Last year I started a business and I've made more money than I ever made in stocks. Why? Because I don't depend on anyone. I can eat retards alive because I'm smarter than them.If you are smart, don't invest. Take all your capital and start a business. If you work hard, god willing you will crush the normies. Don't waste your time worrying about what normies think, because you will never be able to comprehend their delusions.
>>61564783>If your ideas depend on the stateNot what you said but this is the actual reality. Majority of money comes from the state. If the state isn't handing you shit loads of money for doing terrible work, you're just getting trickle down scraps from the criminals with government connections.>>61564683Young and naïve or midwit?
>>61564996>Young and naïve or midwit?neither, just a successful multi-business owner who bootstrapped myself unlike the retards ITT. it's peak midwit to make up excuses for yourself not to take action cuz 'muh corpos are evil'. As private company, you're not beholden to shareholders and provide real value to people, daily.stay coping
>>61563230I’m starting an e-commerce business for selling supplements to a niche market. Any words of wisdom?
>>61567489It is better to sell not working stuff, than resell Chinese cancermaxx asbestos with covid
>>61563281>Something anyone can do>Just do it better bro™>Completely cutthroat and you either sink or swimlol you aren't really selling it here
Explain the silver bear thesis in a single well-articulated post.
>>61566190Short selling is part of the process to find its actual price.
>>61562767HOW IS SILVER GOING BACK UP?!? YOU TOLD ME IT WAS GONNA TANK YESTERDAY!
>>61566168>Right now there's not enough silver in the world for all industrial needsThat's just incorrect. The line goes that silver mines don't produce enough new silver to meet industrial demand. It would take a century to use up the million tons of silver in existence if none was ever mined again.q1
I want it to happen because I missed out and have crab mentality so I made it up.
>>61567364I didn't miss out, I bought when it was below $20.But the current enthusiasm is bad for even me in the long term.
