Welcome to the /XMR/ Monero General, dedicated to the discussion of the world's most widely adopted privacy coin.Monero payments are anonymous, low-fee by design and fully fungible, meaning users can send XMR globally without issue and receive XMR 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. Thus by default, the TX history of all Monero users is kept hidden from the prying eyes of adversaries, with TXs being optionally transparent via the aid of a view key.Monero algorithmically ensures low TX fees by employing a dynamic (elastic) block size that can "stretch" to easily accommodate sudden TX spikes.Monero's bespoke 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.Monero's tail emission - 0.6 XMR every block forever - financially incentives for-profit miners to keep mining, helping boost long-term network security. This constant linear inflation asymptotically trends to zero and is offset somewhat by a steady rate of coin loss.Monero has thus far 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. Monero is now also starting to overtake BTC in clearnet commerce as well. See below.If you still have questions, feel free to ask and a MoneroChad will be with you shortly.XMR Redpill: https://yewtu.be/watch?v=wq6w03E2DS4XMR Resources: https://libereco.xyz/resources/XMR Stats: moneroj.netUSE XMR: https://cryptwerk.com/pay-with/xmr/OFFICIAL WEBSITE - getmonero.orgWHERE TO BUY XMR: https://i.imgur.com/XdppsQ7.pngCrypto ATMs: see kycnot.me>MININGarchive.is/TWOahHOW TO STORE MONERO?>DesktopOfficial GUI/CLIFeatherwallet>MobileIOS: CakewalletAndroid: Monerujo
PREVIOUS THREAD: https://warosu.org/biz/thread/59041293
START MINING IN P2POOL>START MINING IN P2POOLSTART MINING IN P2POOL>START MINING IN P2POOLP2Pool combines the advantages of pool and solo mining; you still fully control your Monero node and what it mines, but you get frequent payouts like on a regular pool. P2Pool has no central server that can be shut down/blocked because it uses a separate blockchain to merge mine with Monero. There's no pool admin that can control what your hashrate is used for or decide who can mine on the pool and who can't. It's permissionless!Decentralized pool mining (P2Pool) is pretty much the ultimate way to secure a PoW coin against 51% attacks. Once P2Pool reaches & maintains 51%+ of the total network hashrate, Monero will be essentially invulnerable to such attacks.Although many inexperienced miners think that bigger pools give better profits, this is absolutely NOT the case. Your profits in the long run depend ONLY on your hashrate, NOT on the pool's hashrate.>YOU CAN NOW MINE IN P2POOL FASTER & EASIER THAN EVER BEFORE WITH THE GUPAX GUI. USES TRUSTED REMOTE NODES BY DEFAULT!!!!1. Download the *bundled* version of Gupax for your OS here: https://gupax.io/downloads/2. Extract somewhere (Desktop, Documents, etc)3. Launch Gupax4. Input your Monero address in the [P2Pool] tab. USE A SEPARATE MINING-ONLY WALLET!5. Select a Community Monero Node that you trust, although you can and should run your own node if possible.6. Start P2Pool7. Start XMRigVIDEO GUIDE: https://gupax.io/guide/ You are now mining to your own instance of P2Pool, welcome to the world of decentralized peer-to-peer mining! >NOTE THAT DUE TO BOTNET SHENANIGANS XMRIG IS AUTO-FLAGGED AS MALWARE BY MOST ANTI-VIRUSES, SO DON'T FREAK OUT!!!OLD GUIDE FOR P2POOL MINING FROM THE MONERO GUI WALLET: https://pst.klgrth.io/paste/eecbehttps://www.reddit.com/r/MoneroMininghttps://web.xmrpool.eu/xmr-monero-easy-mining-guide.htmlhttps://monero.hashvault.pro/en/getting-startedhttps://www.supportxmr.com
*****/XMR/ Monero General Info-Dump*****>*****/XMR/ Monero General Info-Dump**********/XMR/ Monero General Info-Dump*****>*****/XMR/ Monero General Info-Dump*****Learn more about Monero's key features and excellent future prospects, have some common misconceptions dispelled and discover the cold hard facts about Bitcoin, Zcash and PirateChain. Also featured is a noob-friendly buying, storage and wallet guide.>Monero: it's what new Bitcoin users think they bought. Every feature, explainedhttps://moneroinfodump.neocities.org>Why Monero is so untraceable: a rundown of the powerful stealth tech Monero utilizes https://moneroinfodump.neocities.org#MoneroIsUntraceable>The Writing on the Wall: Monero replacing Bitcoin as the new standardhttps://moneroinfodump.neocities.org#MoneroReplacingBitcoin>Breaking News: no, Monero still isn't traceablehttps://moneroinfodump.neocities.org/#RecognizingTraceabilityFUD>Vaporware: why nobody is worried about CipherTrace's magic crystal ballhttps://moneroinfodump.neocities.org#CipherTraceFail>Very Clever Math: how we can verify that the XMR supply isn't being inflatedhttps://moneroinfodump.neocities.org/#MuhInflationBug>Pssst, wanna buy some Monero? Follow these simple how-to guideshttps://moneroinfodump.neocities.org#BuyAndStoreMonero>Bitcoin: The Original Non-Fungible Tokenhttps://moneroinfodump.neocities.org#BitcoinBlackpill>Why Monero is Better than Zcash: the "privacy coin" criminals won't touchhttps://moneroinfodump.neocities.org#ZcashBlackpill>The Lowdown on PirateChain: why this Zcash clone is considered a scamhttps://moneroinfodump.neocities.org#PirateChainBlackpill>LATEST UPDATES - added Proof-of-Stake update to Zcash Blackpill- added list of available desktop/mobile wallets- expanded all sections with more relevant info, graphics & videos- added easily linkable headers and sub-headers (link icon to the far right)- added a new section about traceability FUD
Never forget what this is ultimately all about. Don't be a HODLtard.https://anarkio.codeberg.page/agorism/https://freedomcells.org/>Help grow the circular Monero economy: buy/sell goods & services with/for XMR!https://monerica.com/https://moneromarket.io/https://xmrbazaar.com/https://www.reddit.com/r/moneromarket/new/https://kycnot.me/?t=service&q=&xmr=on>Shop on Amazon with XMR! https://monezon.comhttps://peershop.app>Live off XMR with Cake Pay (now available in 140+ countries!)https://cakepay.com/>or with CoinCardshttps://coincards.com/>Monero stickers for guerilla marketinghttp://monerosupplies.com/>Anonymous burner phone numbershttps://silent.link/>Monero-only VPS hostinghttps://kyun.host/>Win XMR!https://monero.vegas/https://sigmanero.org/Say buh-bye to Bitcoin and support the growing number of Monero-only darknet markets/vendors.# = recently launched, exercise caution>Alias Market #>Archetyp>Asur Market>Babylon #>Calypso #>Candy Haven #>Chimera Market >Cloud Market >Cypher Market>Dark Matter>DrugHub # >DrugTown #>Drugula #>FilthyFellas>Gofish Market #>Gramazon #>Hectate Market #>Mercury Market #>Pygmalion's Refuge >Retro Market >Smackers>Sonanza Market #>Squid Market>SuperMarket #>Tribe Seuss>Whales Market #>Wizard's Palace #>World Trade Center #Links: https://pastebin.com/raw/fF95wTNiAnonymously exchange BTC for XMR using a reputable darknet service>Majestic Bank>Infinity Projecthttps://pastebin.com/raw/75mVpfEDor a reputable clearnet servicehttps://trocador.app/en/ | I2P: http://trocador.i2p/en/https://xmrswap.mehttps://unstoppableswap.nethttp://basicswapdex.com>Want to support further development? https://ccs.getmonero.org/donate/https://monerofund.org>Join a Monero Workgroup and (potentially) earn XMR!!!https://www.getmonero.org/community/workgroups/>Want more Monero-chan? https://www.monerochan.art/
>How to *safely* acquire, store and spend XMRAn optimal XMR user set-up involves 2 separate wallets: an offline cold wallet (savings account) and an online hot wallet (chequing account) for everyday spending. XMR amounts larger than a few hundred dollars worth should not be stored on a hot wallet for obvious reasons. So ideally, you'll want to direct all payments/donations to your cold wallet by default and then transfer smaller amounts over to your hot wallet as necessary.Relying on 3rd party hardware wallets comes with certain security caveats so they are not recommended. Instead, its surprisingly easy to engineer a very robust storage solution yourself using readily available hardware: a laptop and a smartphone.>LaptopThis will be running Featherwallet and must be *permanently* disabled from ever connecting to the internet again! That means physically removing the M.2 Bluetooth/Wi-Fi card and gumming up the ethernet port with superglue.OS should be Linux rather than Windows, preferably a Debian-based lightweight distro. Encrypting the relevant user directory with LUKS is recommended but not essential.It must have a functional webcam.>SmartphoneThis can be your primary device. It will host both your hot wallet e.g. Cake, Monerujo, etc and the NERO view-only wallet that is paired with your laptop.To set everything up: https://4rkal.com/posts/feathernero/NOTE: if you don't have a laptop you can use another smartphone and install the ANON wallet onto it, its essentially the same thing but with somewhat weaker security guarantees. Video guide: https://www.youtube.com/watch?v=oJqYzZyqyno>In a nutshell- you accept all (substantial) payments to your cold wallet.- you monitor incoming payments on NERO.- you initiate the transfer of funds from your cold wallet to hot wallet on NERO and sign the TX on your laptop via QR codes.- you spend the funds and help grow the XMR economy.FYI this is the most secure storage solution currently available.
>Bitcoin's price = NOT the result of organic real-world supply & demand = NOT sustainableWash trading has been artificially driving BTC's insane price action since the first major spike in 2013.>Wash Trading 1011. create/maintain the illusion of high volume2. wait for poor unsuspecting fools to FOMO in3. dump at a fat profit and leave them holding the bagWhen the supply of gullible fools finally runs out, the entire scheme implodes.TL;DR: exciting price action means nothing in an unregulated market rife with such manipulation, real-world utilization is the ONLY reliable metric of actual value.
does it look suspicious if I run my own private node? I assume ——- would be aware
>>59123712I just run it. Yeah I'm interested in decentralized privacy tech. Yeah I'm a nerd. Sue me. There are enough of nodes running out there that just running one won't single you out by itself.
>>59123629DELISTED FROM KRAKEN
>>59123813Yep. Internet-only (more like darknet) coin-to-coin swaps and atomic swaps are the only reliable ways of buying over internet going forward. EU literally banned privacy coins so any "compliant" good boi exchange in not going to have them.
Reporting in##################################Education - https://pastebin.com/V0SFR8qU (embed)Mining - https://pastebin.com/Rd1V8P5L (embed)Nodes - https://pastebin.com/j6Vv2Xn6 (embed)##################################
why thread deleted?
>>59123876You are Mental Outlaw aren't you?
>>59123813Only in some countries.Not that it really matters, you can just get LTC instead and swap it for XMR.
>>59124368no>'member when this is all generative ai was capable of? /xmr/ 'members.
>>59125033Welcome to the future baby
what do you guys think of aztec?sending wrapped eth, btc or usd on a privacy l2 seems like a pretty strong counter proposal to monero
>>59125280aight, hold your crabcoin then
>>59123629pedo coin
>>59125952I think he just posts it because you sperg out every time. Just ignore it. Also your posts are so over the top that they scream fed.
>>59125386>pedo coinProblem?
>>59125386good for themergogood for me
>>59123629Monero is a midwit trap. Not for growing wealth
>>59126254growing wealth was never the point for monero. nor was it for bitcoin.
Why monero sync is so bad? >leave a week without using: 2 days to sync>same with bitcoin: 20 minutes to sync
>>59126254>>Monero is a midwit trap. Not for growing wealthlol and how exactly does crypto "grow wealth" without a peg to actual economic activity? You moonfags are embarrassingly stupid.Keep buying BTC, genius, $100K end of year guaranteed. And then you can all cash out hassle-free thanks to the endless liquidity provided by Good Guy Tether.
>>59126319Monero is about privacy. Privacy is about good opsec. Good opsec is about keeping a low profile. Going on about sticking it to niggers and jews by evading taxes isn't keeping a low profile. Everyone who is in the know already knows about tax evasion. But regular people who just care about privacy will be turned off. You're scaring off future users for zero gain. Plus feds browse these boards and you are painting a big billboard for them. Being so over the top when privacy is about stealth makes you look like a fed or an idiot.If you really cared about white farmers you'd talk about it to potential buyers under the table. Not jack off every day on /biz/ and /pol/ (fed central) about how amazing your cause is.
>>59126331A week without synch? Takes a minute for me. What have you been doing wrong?
>>59126331SSD
>>59126915Monero is about money. Privacy autists can get fucked. Monero is bitcoin but it actually works. Money needs to be private, it's not a big deal it's just one basic part of being money.
>>59127464That's also a good way to view it. It's just money. It should be accessible to everyone not some vehicle for this feds >>59126319 spaz attacks.
>>59124497I does matter because swapping to LTC adds another couple % to the price for the exchange cost.
>>59128121I've heard exchange rates on bisq are better
>>59127440I'm using a SSD.
>>59128651how strong is your CPU? I had a node with a 5950x, syncing to a SATA SSD go from genesis to top block in about 19 hours, and that was roughly 18 months ago so there's not *that* much more of the chain now.2 days is not unheard of if syncing from genesis on a weaker machine with a normal home connection. You only need to do it once per node.
>>59128242Transgender PoCs are using Monero to fund your son's estrogen injections without you knowing. Jews are using Monero to fund porn, demoralization, and race mixing campaigns. The CIA are covertly funding illegal immigrants who rape and kill white farmers with Monero. DEATH TO WHITESDEATH TO CISGENDER MALESBLACK TRANS JEWISH POWER IS MONERO POWER
Holding monero has been the most demoralising experience for the last 3 years.
>>59130032>Holding moneroTry spending it instead, bozo.
Poor lil Lightning Network lol
>>59130091You were already gonna keep posting cause you're a fed and your handlers pay you to do it.
>>59130032>holding moneroit's for swinging between 120-180, never failed me in 3 years
>>59132819Until it does.Swingies always get the rope.
>>59132842Monero just not moving man
Heads up anyone with a rino.io wallet, they're shutting down the servers tomorrow.
>>59130105Spend it on what? Those darknet markets are a fucking joke. Sure you can get degenerate drugs, but other than that not much. Everything else is at best a scam at worst a honeypot.
>>59134712>Spend it on what? Those darknet markets are a fucking joke. Sure you can get degenerate drugs, but other than that not much.There are Monero markets on the clearnet as well, you know. Or just buy a fucking giftcard and treat yourself to some ice cream.A hoarded currency is economically irrelevant and therefore fundamentally worthless unless you can keep a critical mass of wetbrains convinced its a guaranteed shortcut to generational wealth.
its over
I bought this shitcoin at $480. Am I ever recovering
>>59136189>I bought this shitcoin at $480. Am I ever recovering
>>59136189You'll never recover the time wasted these last three+ years but the Monero price will recover and then some. It's really can't be much longer now.
>>59136248Say it outright. That you want anons to buy your drugs.
>>59136535Drugs don't need to be advertised, people just buy them.Hell, people download Tor, PGP, and get Monero just to buy them.
>>59136248Stop posting this ugly kikess. Don't know if this shit is suppossed to be funny, but its not.
Considering Monero was banned from a lot of exchanges I consider it doing extremely well. Fuck BTCmaxis, they are a bunch of moonertards.
bros, is monero-chan going to be friends with luce?
>>59138222People who think that they'll become rich through crypto are insanely delusional. Are moonfags the reason why Bitcoin is so popular? I was aware of its existence in the early 2010 because of sites like ThePirateBay having it as a donation address but that's all I knew it for. Just a digital currency and not some investment.
>>59138750They could form a good cop/bad cop comedy duo.
>>59140672Interrogatin' bad guys
>>59139997The first speculators like Roger Ver anticipated that since unstoppable digital money is so awesome, it would get adopted by everyone (or at least a lot of people) eventually. The price would have to rise in that scenario to facilitate the amount of value being transferred. The same thing is still possible with Monero. The price of bitcoin rose so much and so consistently that each subsequent wave of speculators was more fixated on the price. Number go up is a self fulfilling prophecy but also a kind of ponzi that will collapse eventually. At this point there's probably hundreds of thousands of people putting in $50 a day, $50 a week or more into BTC as an "investment". Plus there's already ETFs, some countries buying, etc. There's only so many more places for new money to come from and there's more and more people who got in earlier who are ready to cash out. And at the end of the day there's noone who actually wants bitcoin for any reason but to sell it for dollars later so it's inevitable that one day we hit the point where all the buyers are in and everyone becomes a seller. Then again, these suckers putting in money every week could do that for the rest of their lives, not realising they're just funding an early whale's lifestyle, not actually saving or investing.
>>59140793some monero-chad make an AI anime art of monero-chan and Luce interrogating IRS-chan
>>59140945Whenever you have older investors being cashed out by newer investors you have a ponzi scheme that is mathematically guaranteed to implode at some point due to the exponential growth required to keep the entire thing going. The supply of gullible dipshits inevitably dries up as mortified bagholders finally realize everything was smoke and mirrors and that the promises of "muh generational wealth" was just bait to sucker them in. This is the future that awaits the hordes of overly-optimistic Bitfags who can't comprehend basic math.On the other hand, if you can set up a scheme where most of the people buying are NOT investors but actual users who require the utility provided and have no expectation of future profits, you have something sustainable over the long term.Tl;DR: exterminate moonfags while growing the Monero economy and you get a very comfy NGU that should at the very least track with inflation.
Awww better luck next time, bitfags.
>>59134712https://moneromarket.io/https://xmrbazaar.com/https://monerica.com/https://kyun.host/etc.Not only can you spend monero in most places there but you can also earn monero by offering legal goods and services. There's enough demand to regularly earn some extra.
Does anyone here have a approved non-KYC payment processing method, like old Revolut for example
>>59146013It doesn't exist. Regulations on financial institutions and service prevent that.
In case anybody needs reminding about how amazingly stupid these people are.
>>59126254>Not for growing wealthNeither was 2010 bitcoin in 2010. People bought it for memes and drugs. It's impossible to tell whether Monero will have the same fate.Though consider for a moment>2024Bitcoin is bought for growing wealthShitcoins are bought for growing wealth via ponziMonero is bought as a big middle finger to the government, and to transact anonymously. Using this logic, monero today is more like infant bitcoin than bitcoin is today, or any other shitcoin for that matter.
>>59147232Not to mention Satoshi's vision.
>>59136659without advertising the onion site to buy them at how would you ever have found it?
>>59147232litecoin is the most similar to bitcoin. Monero as an infinite supply. the creators could have easily capped it. have you asked yourself why they didn't?
>>59147297You're missing the forest for the trees.
>>59147299what's your argument?
>>59147312Read my original post and maybe you'll get an idea retard.
ITS UP>ITS UPITS UP>ITS UPITS UP>ITS UPITS UP>ITS UPITS UP>ITS UPITS UP>ITS UPITS UP>ITS UPITS UP>ITS UPITS UP>ITS UPITS UP>ITS UPITS UP>ITS UP
>>59147214Man I took some screenshots yesterday from twitter where all these people are maxxing credit cards to buy BTC and one guy reverse mortgaged his whole house. The crazy bit is the complete confidence they seem to have. Like they don't realise the price rises (or at this point is just held up) because of their insane injections of money they don't have.
>>59147290Dread.Good markets are talked about on the Dread forum openly, and in more censored ways in other places.
What the fuck, i just got an email that its being delisted from kraken. Do I just sell off my remaining monero? Crypto seems like such a hazzle nowadays´and I'm not buying drugs or anything illegal anyway
>>59138750vatican 2 is heresy. Luce is false idol. Monero chan is orthodox.
>>59148145The first email was a month ago, why did you ignore it?And do whatever you want, you can also withdraw it, and if you ever want to get rid of it just swap it for Litecoin and then sell that LTC back on Kraken.
>>59126103disturbing
>>59147757exactly my point. without being advertised to about where to buy your drugs online you would never be able to find it. muh drugs dont need advertising is something an idiot would say. are the drugs lying outside your door in a vending machine?
>>59147232>Bitcoin is bought for growing wealth>Shitcoins are bought for growing wealth via ponzilol implying what, that BTC isn't also a ponzi?
>>59147448Been waiting for this! All hail the Captain!If you ain't listening to these you're missing out on some epic shit.
>>59147449>Man I took some screenshots yesterday from twitter where all these people are maxxing credit cards to buy BTC and one guy reverse mortgaged his whole house. The crazy bit is the complete confidence they seem to have. Like they don't realise the price rises (or at this point is just held up) because of their insane injections of money they don't have.There's a reason why people say "a fool and his money are soon parted." I feel bad for the poor bastards that are going to lose everything once BTC inevitably implodes but let that be a lesson to the rest of yaz: there is no free lunch.
new monero song:> lil XMR - Monero Hustlehttps://www.youtube.com/watch?v=hB6tN15PaYM
>>59150541>Monerochan - Monero Dreamshttps://www.youtube.com/watch?v=Qa6mPXY_D5E
How bad of an idea is it to use monero to hide money from my family? Due to some fucky circumstances my parents have access to my banking information and will treat my money as their money if they can find it.
>>59150816>banking informationthats the banks money.
>>59150824Ok, i'll be more specific. I want to use a monero cold wallet as a savings account and a hot wallet as a checking account, for the next 2-3 years, instead of using banks in general.How bad would the experience of insta buying xmr every single month and paying everything that can't be paid with monero with fiat be?
>>59150816perfect use case actuallywhy would it be a bad idea?
>>59150855I dont hold fiat and I also dont know how you're buying xmr so I can't tell you if you're getting fucked on the fee fees or not. but the way I do it is have credit cards for daily spend and pay them off with crypto every month. I haven't had a bank account since 2016 and my total available credit is almost 100k USD, which I am still growing for when I plan to debtmaxx and file bankruptcy.
>>59150881I've not been up to what's happening in monero, but localmonero closing sort of put a stop in my plans of using it in may. How long does it take you between "i need to use my xmr from my hot wallet to buy x thing in fiat" to "i have the fiat to buy x thing"? My only experience is with ETH dollar pegged altcoins, so not having CEXes makes me worry a bit.>>59150902I've thought about doing the same, but here in Brazil at the time i looked around for crypto-paid cards (2022) i found none other than the ones who promised to launch but couldn't due to legislation and etc.
>>59150906haveno works like loacalmonero so you can take a look there. There is also still kraken US and kucoin that let you convert monero to fiat.But admittedly monero is sort of the nuclear option for your scenario. what's wrong with using stablecoins or other crypto to hide from prying eyes? It's not like your aunt is gonna perform chain analysis on your ass you know...
>>59150921>what's wrong with using stablecoins or other crypto to hide from prying eyes?Stablecoins are are good enough to hold money without getting fucked by the price (also to bet on the dollar) but they're not good enough to buy real things most of the time. If i want to make monthly buys i'll either have to choose between getting fucked by fees on mainnets or having to cross chains because my USDC is on poopychain and the local seller is on shartchain. If i have xmr i can at least trust that any respected seller will accept it, and i get to participate in the monero economy too.In fact, maybe it's better to have an ethereum cold wallet that i can use to store stablecoins while using a monero hot wallet to buy things and swap for fiat.>monero is sort of the nuclear optionNuclear options tend to be very fun.
>>59150944if you're comfortable holding USDC just use a CCTP bridge. its 1:1 exchange and you only pay gas between chains.
>>59150955Ever since DAI slipped i would prefer having more than one option to make swaps like that. But it's funny how much stuff advanced ever since 2020.
>>59150541>>59150771>>59150991Surprisingly catchy tracks. Looks like AI can finally render hands properly. When anime MC videos?
>>59150902>>59150921Looked more into it, i will probably start using monero at least as a hot wallet for daily spending via a crypto.com card. But now i have an additional question.How is it like to participate in the monero economy? I'll go on dread to look for what kind of goods and services are available, but it looks like my only luck will be mid weed and maybe some adderall.
>>59150944>>59151258>If i want to make monthly buys>I looked on dreadidk if you're looking for specific medicine etc. but most things I'd consider monthly buys you can get through>monezon>shopinbit>xmrbazaarwith monero directly>using monero at least as a hot wallet for daily spending via a crypto.com cardidk about crypto.com card but I'd assume that you can only top it up with your crypto.com wallet and since they don't carry monero I'm not sure if that's possible
>>59151336Mostly restricted chemicals and seeds, but i don't think i'll find sellers from my country there, and buying internationally seems like a horrible idea
>>59150816It works perfectly well.You could also just make another bank account like a revolut account or something and give them the access, but you know.Buying Monero works.>>59150855It depends if you intend to use a centralized exchange like Kraken. If so, it's very easy to just send crypto to the exchange and change it for fiat if you can't just use the Monero to buy Amazon or Walmart gift cards.If you don't use a CEX you'll have to use Haveno Reto which works well but it might take more time and have more fees.
>>59150816if you have the legal right to the money and don't care about absolute deniability, just buy btc/usdt coinbase > transfer to kraken to buy xmr > send to wallet
>>59152124Why go through Coinbase and not Kraken directly?
>>59152128wire transfers take much longer than ACH
>>59152525The gross Indian that's the CEO of cake wallet has been spending tons of money to sponsor that Mexican woman he wants to fuck so desperately, Ortega or something.It's both funny and creepy.
>>59152665Problem?
yeah fuck the us treasury
>>59152124What if in the future i don't have full legal right to the monero i have? Haveno?
This Is What Bitards Actually Believe
>>59155123hysterical how Bitcoin lives rent free in every altcoiner's head 24/7.freedom truly is never having to care about alt bags ever again.
>>59154089Yeah I think Indians are gross and him paying for that girl he wants to fuck (and maybe has) and posting pictures of her all the time on social media even though he's married is really gross.But hey, the White men working on Cake Wallet are doing a good job, so something good came out of his money I guess.
>>59155459If you don't care about real privacy and real decentralization, I guess Bitcoin is fine.You have to be aware that the state is tracking everything happening on BTC, so don't do anything illegal or unapproved by the state (having the wrong politics), and that BTC is centralized in a few approved mining places and manipulated by investment banks and financial firms.It's basically CBDC. If that's what you wanted then it's perfectly fine.Don't get surprised when criminals and rebels never use Bitcoin though.
>>59155459>hysterical how Bitcoin lives rent free in every altcoiner's head 24/7.Digital comedy gold is a gift to be appreciated.>freedom truly is never having to care about alt bags ever again.$100K end of year. $1 million end of decade. Guaranteed.
What's happened to moneroj.net?
>>59155867>$100K end of year. $1 million end of decadeYes we know, but thanks for the reminder.
Monero general reporting
>>59156311>Yes we know, but thanks for the reminder.Wow, I've never met a future millionaire before! Have you decided what color Lambo you'll be buying?And yes, we know, Monero is a terrible investment. BTC to the mooooooon!
>>59157639No, lambo's are tacky. I much prefer American muscle, a 60s or 70s Pontiac, maybe a new truck for work, import an AE86 or RX7 from Japan too.>BTC to the mooooooon!Have you loaded up then?
>>59158017>Have you loaded up then?Whoosh.
>>59155670based
>>59159432>WooshSounds like the rocket engines taking off. Glad you're locked in and loaded up.
I'm russian and it looks like my country's is going to shit itself. Looking where to dump my copecks is monero a suitable choice?It's not long term I will most likely need to sell some of it or everything eventually.Can I safely buy monero and sell it as needed to get my fiat back?What will the commission be like, how much am I loosing each time I buy/sell?
>BTC: +8%>ETH: +6.5%>SOL: +15.2%>Doge: +22.5%>Link: +12.6%>XMR: +0.02%Fuck off
>>59159849Well Monero is the perfect choice when it comes to security and privacy of course.You have to keep in mind that it's volatile to some extent even if it's extremely stable compared to other cryptos.I don't know the laws and exchanges of your country but if you can buy other cryptos like LTC, you can swap it easily for Monero on swap services, it's easy.As to get back to fiat afterward, you might swap back to another mainstream currency and sell it back to an exchange, or sell the Monero directly peer to peer. If you are patient with p2p or use centralized services you can buy and sell with very little commissions, less than a percent is common.XMR is pretty common in Russia because of darknet markets and drug payments, you shouldn't have too much trouble finding explanations on how the ecosystem works in your country.
>>59159849Buying and selling Monero varies by country these days so you tell me what it's like in Russia. There's a good looking russian language Monero resource herehttps://xmr.ru/
is it true that monero is kept alive only by all the darknet drug dealers, market admins and other cyber criminals who have their entire life earnings in xmr
>>59160464What do you mean "kept alive"?But yes, Monero is the most commonly used crypto for darknet markets.Although they don't necessarily keep the money in XMR, the point of making money doing crimes is to spend it, so they either sell it for fiat or spend it with gift cards and such.
>>59159730>Sounds like the rocket engines taking off. Glad you're locked in and loaded up.But of course, it's going up forever, you know,
>>59160480>What do you mean "kept alive"?Like without them, monero would be irrelevant and nothing
I’m satoshi
>>59160464>only
>>59160593im anon, see pic
>>59160599That’s a lot of paper stuff you hold there don’t cut your finger on it
>>59160554Without them Monero would have lots of "potential" like other shitcoin ponzis. The price would be higher because "it could do anything". But now it's like "that's just used for drugs". "JUST". There is not a single cryptocurrency that can touch Monero's actual usage.
>>59160464>is it true that monero is kept alive only by all the darknet drug dealers, market admins and other cyber criminals who have their entire life earnings in xmrAs opposed to what? Utility-based consumer demand is real, organic demand that you can depend on long-term since all it requires is people needing/wanting actual goods or services. Moonfags need not apply.Speculative FOMO-fueled demand (pretty much everything other than XMR) is notoriously fickle and requires an endless supply of delusional moonfags be kept believing that NGU 4EVA without fail. See Tulip Mania.Notice how just like last time, this latest ATH has again failed to generate any buzz outside the cryptosphere, mainstream interest peaked in 2021 and now nobody cares anymore, which spells eventual doom for pretty much everything that isn't relevant to actual, real-world users/consumers. Meanwhile, the Monero economy continues to expand as more and more LEGAL goods and services are brought to market, we are witnessing the birth of a permissionless and global P2P grey market economy that should dwarf the DNM economy over time, buying and selling drugs was just the proof of concept.TL;DR: organic consumer demand is the comfiest demand and XMR can expect more and more of it in the coming years.
kyun.host is down for 2 hours and counting. Any recommendations for relatively cheap vps for XMR?
>>59161104Cockbox
Why is the thread so dead.
>>59162447Surprise. Faggot OP policing what people can it can't talk about makes people not want to talk itt except to bait him.
>>59162511whut. Is this post neurosloppa or what?there's no thread level moderation on 4chan by OP, only global one by janniesAnd btw I'm waiting again 900 seconds, even from a same ip, after previous 900 seconds. Every post. That's an another sad thing about this place.
>>59160599He looks like a man who fucks horses.
>>59162594I'm not talking about moderation. I'm talking about the faggots who shit their pants every time someone tries talking about the price or economics and ruin all discussion.
>>59162617
>>59162768Thanks for pointing yourself out.
does xmr use post-quantum encryption?
>>59162851>Thanks for pointing yourself out.Does moonfagging really mean that much to you?
>>59164178You're embarrassing yourself.
>>59164178All I ask is to preserve my wealth against a rapidly inflating dollar and escape a system where inflation is the norm. The Golden Age of America was deflationary. But in an inflationary system the price of Monero, gold, Bitcoin, land, everything should be going up as a matter of course. Talking about 1+1=2 isn't moonfaggotry, it's common sense.
I've been out of the loop since 2016 and this thread seems like the best place to ask:What happened to dash to turn it into such a shit coinI remember people gassing up master nodes and its privacy
>>59164355It was always a shitcoin. I don't know what you expected.
>>59164297>But in an inflationary system the price of Monero, gold, Bitcoin, land, everything should be going up as a matter of course. Talking about 1+1=2 isn't moonfaggotry, it's common sense.Talking about the XMR price won't magically make it go up so who cares? Focusing instead on tech and business logistics is actually productive and ultimately helps NGU by reinforcing the XMR brand: real money used by real people to buy real goods and services.Everything else is hot air.
>>59164355>What happened to dash to turn it into such a shit coinWhen push came to shove they revealed themselves to be shameless Zcash-tier compliance cucks.
>>59165167>Will any anon here help me with $1.5k?Shit, I'm feeling generous, how does $10K sound?
>>59165186I don't know you are joking or not as people starts making fun here always. I just only need $1.5k, I don't need $10k anon. I just want to get a good ring for her, thats it
>>59165194$1.5K? That's a decent-sized village you got there.
>>59165230Lol, not indian.
>>59165241I trust you, bro.
>>59165148Talking about Bitcoin won't magically make the price go down so who cares? Yet posts like that are common itt like >>59123681You're no different from the "NGU HODL!!!" caricature you talk about, flip side of the same coin.But talking about inflation, ways to get around it, realistic price appreciation in face of inflation, economics, has nothing to do with moonboyism. The demand for drugs isn't going down, so Monero should be going up to match that demand + price inflation. If it's not then we should be allowed to talk about why.
>>59165309>Talking about Bitcoin won't magically make the price go down so who cares?kek BTC pumps due to price manipulation and FOMO, pointing that out is educational.>But talking about inflation, ways to get around it, realistic price appreciation in face of inflation, economics, has nothing to do with moonboyism. So talk about inflation, discuss the myriad options for preserving your purchasing power. At least those are somewhat quantifiable.As for "realistic price appreciation": once better established, assume XMR tracks with inflation, that's pretty realistic. Will it go higher? Probably, but that's where we enter speculative moonfag country. >The demand for drugs isn't going down, so Monero should be going up to match that demand + price inflation. If it's not then we should be allowed to talk about why.lol your expectations have been warped from years of crypto price manipulation. Monero's current crabbing is much more consistent with organic supply & demand than BTC's endless rollercoaster ride.In any case, drug markets alone aren't going to cut it, ergo all the effort to expand the Monero economy into a global grey market with potentially tens of millions of customers, that's when shit starts getting real.
>>59165591kek XMR crabs against an inflating dollar due to miners selling into declining liquidity, pointing that out is educational.And Monero is the same USD price as 1 & 2 years ago, down considerably from 3 years ago, not far off from 4 years ago, during one of the biggest periods of inflation ever. So it's not tracking with inflation. Talking about it isn't moonfaggotry, it's a real problem caused by liquidity drying up and needs a better solution than ”fuck the gubermint moonfag, heckin' agorism ftw">your expectations have been warped from years of crypto price manipulationAnd yours have been warped from living under the fiat system all your life, an even bigger scam>crabbing is much more consistent with organic supplyThat isn't self evident, Monero is still quite volatile, with none of the reward extra risk usually brings
>>59165772>In any case, drug markets alone aren't going to cut itThen let people talk about using Monero as a savings account without shitting your pants.
>>59164355Its privacy was never even close to Monero's privacy. So the entire niche of people wanting privacy just stayed with Monero. Darknet markets never adopted Dash.The investors hyped Dash, but it didn't grow, so it slowly withered away.
>>59165194A ring? A good woman doesn't need an expensive ring.I have money and my wife and I both got a 16ct gold ring worth 100 dollars.Buying expensive rings is a jew psyop.
>>59165772>kek XMR crabs against an inflating dollar due to miners selling into declining liquidity, pointing that out is educational.>>And Monero is the same USD price as 1 & 2 years ago, down considerably from 3 years ago, not far off from 4 years ago, during one of the biggest periods of inflation ever. So it's not tracking with inflation.Its so over.>>59165772>Talking about it isn't moonfaggotry, it's a real problem caused by liquidity drying up and needs a better solution than ”fuck the gubermint moonfag, heckin' agorism ftw"So a .....final solution?>And yours have been warped from living under the fiat system all your life, an even bigger scamI have Keynes tattooed on my left buttock.>That isn't self evident, Monero is still quite volatile, with none of the reward extra risk usually bringsSo don't hoard it.>Then let people talk about using Monero as a savings account without shitting your pants.Spending takes priority when you're trying to kickstart an underground economy.Have you considered hoarding more Bitcoin? Apparently its going hit $100K by the end of December!
>>59165148>Focusing instead on tech and business logistics You guys are full of shit. If you were serious the OP would be dedicated to news like this last week Rino.io and localmonero.co both closed down. That is highly relevant business logistics info. Instead you have some perma-screed "USE MY BAGS". 7 posts long fucking hell.
will monero ever get back to $500?
>>59166480No one can predict the future.But if financial freedom continues to be eroded and black markets continue to flourish, it's a perfect environment for Monero to grow.
>>59166142Pathetic meme response. 90% of your post is just my post as greentext. I know what I wrote nigger, you don't have to quote the entire thing.>So don't hoard it>Spending takes priority>hoard more BitcoinParadox of good money. If someone has sound money (say gold) and an utter shitcoin (Venezuelan Bolivar) people are going to spend the shitcoin first and hoard the sound money. By insisting that people only spend and not hoard you're calling Monero a shitcoin and/or you don't understand human behavior.
>>59123629160 dollar stablecoin
>one hour to sync after 18 hours off>if you use another node you can have your money stolenHorrible coin.
Seriously, cant use this for my business. Too slow. I'm switching to litecoin. Sync much faster.
>>59167416>>if you use another node you can have your money stolenwut? This has never been my experience. I use other nodes all the time with Cake Wallet. I use my own node for my main wallet but for any incoming transactions they go to my hot wallet first witch has never had an issue.
>>59166500>By insisting that people only spend and not hoard you're calling Monero a shitcoinYes. Don't Buy Monero, it's a Terrible Investment. BTC to the moon!
>>59167416>Horrible coin.Yeah, its the absolute worst.
>>59167416I just caught up 22 hours in 6.3 minutes.You can't have your money stolen like that. If the node owner wants to spy on your transactions they can get some information but still much less than BTC (or LTC if that's what you're into).
i tried to rescan my old wallet which i last remember had 10k on it, and now after scanning from block 0 it has $0 in the acct. how is this possible
>>59168273>i tried to rescan my old wallet which i last remember had 10k on it, and now after scanning from block 0 it has $0 in the acct. how is this possibleIf there is an unknown outgoing TX you've been h4x0r3d. Otherwise, update to the latest version.
I'm a bit new to this, but how am i supposed to transfer from metamask to my monero wallet?
>>59167416>>59167451Can't you just enable background synch on your software?Also I've never heard of malicious nodes stealing your money. What have you been doing wrong?
With more deregulation in the next 4 years. Are there any site where creators can make memes and stuff and profit from them. How about places where crowdfunding can happen?
>>59169455I forgot to mention specifically to make profit directly in Moreno.
>>59169466*Monero.I'm dyslexic, its hard to type things correctly if I write too quick, so the letters become scrambled :(
>>59169455>make memes and stuff and profit from them.NFTs are old hat, kid.
>>59169636How about making some meme coins and pool connected to Monero. I am guessing the pool would have to be with a 3rd party?
>>59169672>How about making some meme coins and pool connected to Monero.I take it you've never heard of Wownero?
We have officially reached peak maxi.
>>59171590actually painful to read, even if a shitpost.>Before Jesusget this arian heresy away from me.
Wow, what a crazy coincidence, Tether fired up the printer yet again just in time for the BTC pump: $4 billion USDT minted since November 6th.
>>59172721This is some 2008 level shit, yet this time there wont be bailouts. Its kinda like a sleeping hydrogen bomb, that requires an atomic explosion first in order to set it off, situation.The question becomes, in what situation will everyone start running towards the tether exit?
>>59172689>even if a shitpostKeiser really is this batshit.
Any of you guys have any thoughts on Zano? As far as I can tell it's basically Eth/Sol but with Monero's privacy tech. With Eth/Sol being in practice platforms for generating shitcoins, Zano is then a platform for generating privacy shitcoins. I could see this project being a reasonable "investment" (gamble). It's actually doing something interesting and has first-mover advantage and a good team behind it.
>>59171590Maxxies are like vaxxies: HELLBOUND
I heard jews can trace monerocan you prove to me jews can't trace monero?
>>59166618Its crazy how it stays around its peg no matter if Bitcoin is 75k or 20k
>>59173539Yeah. Something really fucking weird is going on. Every single time Monero starts pumping and makes it into the 170-180 area it instantly dumps back down to 150-160. Every. Single. Time.I can't make sense of this. It's been happening for so long that it's begun to legitimately make me nervous of a possible inflation bug being exploited. I know this sounds like bad faith FUD or whatever, but I really can't think of an alternative explanation. What other possible explanation could there be for this phenomenon? It's seems totally unnatural.
>>59173556Chinese bot farms mine monero. They're in no rush cause the electricity and hardware was free. So they set a limit order forever. No big whales buying to break through it cause liquidity has dried up.Monero's inflation rate is low, maybe 0% overall with coin loss. But if you compare tail emission to the low liquidity miners have to sell into, rather than against total supply, the effects on price are much bigger.
>>59173556There might be some issue somewhere but an inflation bug can't be one of them, the amount can and is often audited.My personal opinion is that criminals have a lot to do with Monero being so stable.As being openly talked about on Dread, when you're a darknet seller and have a lot of Monero from your sales, you don't sell it right away, you can keep it for months and only sell it when the price is at the highest of the last six months or something.Well if you have a lot of Monero to launder, might as well do it when it's 180 instead of 140. There's no hurry. As a side effect this prevents the price from going further up and stabilizes it.Monero is not a ponzi, it doesn't get bought and stocked, it gets bought, used, and resold very often.
Hey retard here. Should you have a separate wallet for monero away from the rest of your crypto?
>>59173961No need to, except if you want another layer of security.What wallet do you use?
>>59173556>but I really can't think of an alternative explanationNaked shorting by the NWO.also XMR is not pumped by non existing tether like bitcorn.But XMR does seem to be slowly rising up over the long run, just like most commodities. its just stable which is a good thing. it means there is not much speculation which can crash with no survivors.Inflation bug != open source.Also what is swing trading.
Its impossible to get monero in the US, the only way is to waste electricity mining it.
>>59174347I mean honestly at this point I think monero is the leading cryptocurrency technologically, but it may fail economically if all the governments make it impossible to easily get monero. I’d imagine another CryptoNote coin that takes a different approach to inflation and mining rewards will come out with the understanding that it will be blacklisted from public exchanges. Put simply, monero is having negative inflation (due to coin loss, etc.) and it can’t last forever. I don’t see monero existing in 10 years, maybe that’s okay and we should just enjoy it while it lasts.
>>59174347>>59174405What are you talking about? In the USA you can literally by Monero on KYC exchanges like Kraken. In Europe it's been delisted and people can still buy it easily p2p.
sup /xmr/. I have a new video out on how chain analysis companies can use metadata from coinswap sites to link your identity to KYC exchanges with a high degree of confidence. With XMR coinswap usage being so common, this is the primary way feds and blockchain surveillance companies are able to trace XMR today. links here:https://www.youtube.com/watch?v=SfcmT1w0HcMhttps://odysee.com/@anti_moonboy:7/AotPO14:3https://rumble.com/v5njlf2-aotpo-episode-14-how-chain-analysis-can-trace-monero-transactions-with-coin.html
>>59174492he's a retard who doesn't know about atomic swaps, just ignore him
don’t buy wownero
>>59172943>The question becomes, in what situation will everyone start running towards the tether exit?When the math finally breaks down and confidence tanks. This obvious ponzi scheme can only work for so long.
>>59173556>Yeah. Something really fucking weird is going on. Every single time Monero starts pumping and makes it into the 170-180 area it instantly dumps back down to 150-160. Every. Single. Time.>I can't make sense of this. It's been happening for so long that it's begun to legitimately make me nervous of a possible inflation bug being exploited. I know this sounds like bad faith FUD or whatever, but I really can't think of an alternative explanation. What other possible explanation could there be for this phenomenon? It's seems totally unnatural.kek you're just too accustomed to "pumping" being a normal thing. Assets with organic demand don't pump, they appreciate over time.Besides, crabbing = stability = better for business. Volatility is fucking murder for DNM vendors, last time XMR dumped bigly they had to mass cancel orders.And if you want dependable long-term XMR appreciation you *need* consistent and growing economic activity aka lots of business.
>>59175027A side effect of XMR dominance on dnms is a possible snowball effect of dark net market users throwing fiat into XMR if there ends up being an appreciation in value. This didn't really happen last time because, in 2021, Monero was still fighting for dominance, but now things have changed. They would have incentive too because if the value of XMR is rising, they can use it to buy a greater amount of drugs.
Do any of you hold/use anything else than BTC and XMR other than for gambling purposes? I want to learn about other projects but there's too many centralized shitcoins out there to sort through. Asking ITT since you guys are the least retarded people here.
>>59175283See>>59173394
>>59175283>>59175357Oh, and they're also apparently making privacy stablecoins possible. If this actually works out it'd be massive.
>>59175283I own LTC,XMR and WOW only
>>59174711i failed sensei
how to add a wallet address to muh wownero node on monero.fail?
>>59174405>it may fail economically if all the governments make it impossible to easily get monero.So.....only govt-approved crypto can succeed?
>>59175138>A side effect of XMR dominance on dnms is a possible snowball effect of dark net market users throwing fiat into XMR if there ends up being an appreciation in value. This didn't really happen last time because, in 2021, Monero was still fighting for dominance, but now things have changed. They would have incentive too because if the value of XMR is rising, they can use it to buy a greater amount of drugs.Speculative mania is absolutely to be expected as XMR keeps slowly crabbing upward. Once HODLtards become convinced that Monero will definitely be more valuable in future then they'll do what they always do.That gets you a dramatic increase in price (at least for a while) BUT it comes at the cost of higher volatility (bad for business) and the emergence of a hoarding culture (really bad for business). And whatever is bad for business threatens the growth and vitality of the Monero economy, which in turns makes maintaining NGU less likely since in that case you're evermore reliant on slack-jawed speculative demand, which can evaporate overnight.This is why downplaying Monero's ROI potential is critical: if too many consumers stop seeing XMR as a boring utility, they'll stop spending it in favor of hoarding it. And so begins the downward spiral into economic irrelevance. See current Bitcoin Economy.Bottom line is we can't prevent speculative mania but we don't have to actively encourage it either. Its tempting to invoke moons & lambos & HODL for short-term gain but doing so means less business for merchants/service providers = less options for spending your XMR = greater need to cash out = greater sell pressure = lower price. Conversely, if more and more consumers go shopping in the circular Monero economy, that's more and more circulating XMR unavailable for sale = greater buying pressure = higher priceSo yeah, just between us, XMR is obviously going to do very well in future. But as far as anybody else is concerned, its a terrible investment.
>>59175883>continues crabbing upwardSir the price of Monero has been the same for 4 years, and considering the USD inflation this actually means that the value of Monero has been trending downward.I'm a Monero extremist myself, but Monero is a terrible investment.Which is okay because it's a currency, not an investment fund.
>>59176289>Sir the price of Monero has been the same for 4 years, and considering the USD inflation this actually means that the value of Monero has been trending downward.First of all, don't expect a clown market unpegged from economic reality to make sense. Second, I'm talking about the long-term outlook that assumes a growing and vibrant circular economy emerging over time. Remember that unlike BTC and other useless shitcoins, Monero has to appreciate the hard way: organically through increasing use/commerce. And we're just getting started in that respect.>I'm a Monero extremist myself, but Monero is a terrible investment.Fuck yeah, that's what I'm talking about! HODLtards get the rope! >Which is okay because it's a currency, not an investment fund.Indeed. That said, no crypto is an investment fund. Without meaningful economic activity backing it, nothing is.BTC is fucked in that regard since consumers don't need it to go shopping anymore now that altcoins offer superior utility. Hence the forced SoV meme and an ever-growing reliance on Tether's magical printer to keep baggies hyped, holding and stacking.$100K end of year.
Something that I've found that massively increases profits is dismissing the feedback from timewasters.Just be careful about how you do it.NEVER IMPLEMENT a timewaster's feedback.Implementing a timewaster's feedback loses business.An example of a timewaster's feedback would be complaining about another type of customer for an arbitrary reason.Did something immoral happen? No. Then the timewaster is at fault, they are breaking a discrimination law actually.Does the feedback waste your time? Yes.Will implementing the feedback waste everybody's time? Yes.Bad employees, bad employees can include management and administration if they implement feedback from a timewaster.Not implementing the vocal timewaster's feedback will save you time and money.
The future is wow.
>>59176850Storing your value in money is... LE BAD!
>>59176850You are the r/buttcoin of 4chan
>>59175027>Assets with organic demand don't pump, they appreciate over time.Right. Which Monero doesn't. As it stands Monero depreciates over time, and I don't really find any of the offered explanations plausible. Any, or all of them combined, could explain retarded appreciation sure, but not a downwards crab for years and years. People are losing money by saving in Monero. You'd be better off hodling gold coins under your mattress than saving in Monero. This is clearly a problem and this clearly calls for some kind of explanation, to my mind... >>59173842>...but an inflation bug can't be one of them, the amount can and is often audited.That's not my understanding. I'm not a tech guy, I make no claim of understanding any of the tech/math of Monero whatsoever, but it seems pretty clear from listening to people who do that a hidden inflation exploit is actually possible. It would require breaking Monero's issuance AND circumventing the method by which Monero can be audited despite it's encryption, but it's technically possible.
>>59178526Indeed mein comrade. As XMR will surely miss out on yet another bullrun, there is still hope for WOW it seems. May the doggie smile upon us.
>>59179209It's not even that complicated. Tail emission is 0.6 XMR per block, 157680 XMR per year, much of which is probably being sold as it's mined. People look at that against a total current supply of 18446744 XMR and think Monero's inflation is only 0.85% yearly. But most of that Monero is sitting, doing nothing. The amount available to trade against is small. Miners selling into a shrinking pool + less buy volume due to all the exchange delistings means price crabs down. You don't need an inflation bug when liquidity is shit. It could go up just as easily, but not if retard maxis insist that you shouldn't buy up and hoard Monero, or that all the delistings were somehow a good thing.
Why isn't there any movement on XMR. Even long dead coins like Luna are getting a bump but nothing on XMR?
>>59179558Because it is not widely available on CEX, it's not speculated on a lot, unlike other coins that are 99% speculation.Monero is actually used so there's a natural flow keeping it stable. People buy to use it when it's low and sell to have fiat when it's high, so it's stable.Lots of druggies have buy orders at 150 to get some more Monero per dollar for their usual drug use, and lots of sellers have a sell order at 170 to make more fiat per Monero sold. It's a living economy, difficult to compare it to another coin without a use case.
>>59179637What's stopping speculators from flooding the market?
>>59173394Zano is retarded. They have no smart contracts, only tokens comparable to ordinals. They also essentially have a dev-tax and through their boolberry -> zano swap event, there is no telling how much of the supply they actually control.
>>59179815Laziness. If it's too much of a bother to buy a crabcoin no one will bother.
>>59180902XMR is pure utility, like cash. Not an investment. It's where the smart crypto investors dump their profits into when they cash out. From there they are free to move their money about as they see fit. It's why XMR always has bumps after corrections and during bear markets but always crabs or dips during bull markets. It is not a normie friendly coin because you can't just go to any exchange and buy it with one tap like BTC, dogs, frogs, feriums, etc. So if you are holding it just be aware of that and accept that it is not a moon coin and will remain relatively stable as the markets fluctuate. It's you cash stash under your mattress, basically.
>>59181036sorry, >>59181036 was meant for >>59179815
>>59179209>Right. Which Monero doesn't. As it stands Monero depreciates over time, and I don't really find any of the offered explanations plausible. Any, or all of them combined, could explain retarded appreciation sure, but not a downwards crab for years and years.lol compared to what? Literally every other cryptocurrency has *only* inorganic speculative demand, people aren't buying those coins because they actually need them, they're buying them solely to sell to somebody else for a fat profit. And then that person intends to do the same. Rinse and repeat until suddenly one day the market finally sobers up and realizes nobody actually needs this shit.As already mentioned, Monero has to appreciate the hard way and is currently hobbled by shitty liquidity and accelerating delistings, not to mention a lack of LEGAL spending outlets. Its going to take a while.In short:- if you believe Monero will eventually be worth much more in future, then continuing to hold it even at a (temporary) loss makes sense.- if you believe Monero won't prove capable of tracking with inflation then spending it as you acquire it makes sense. >People are losing money by saving in Monero. See above. Monero is first and foremost digital cash, not "digital gold". It might eventually become a decent SoV but that's some years down the line.> You'd be better off hodling gold coins under your mattress than saving in Monero. Pretty much. Fortunately, you can buy gold coins with XMR.>This is clearly a problem and this clearly calls for some kind of explanation, to my mind... Its not a problem if you treat XMR like cash and spend it in a timely fashoon. If you insist on holding XMR long-term then that's on you. If you suspect it'll eventually get better then hold. If not, just sell. Or better yet, just dump it all into BTC, it's mathematically engineered to go up forever!
>>59179209>a hidden inflation exploit is actually possible.>but it's technically possible.Something being technically possible doesn't necessarily make it probable. You're still far more likely to experience multiple privacy/fungibility dramas with BTC than experience a single catastrophic inflationary event with XMR.
>>59182622>spending it as you acquire it makes sensIf you don't believe it will beat inflation (it isn't) then why would anyone acquire it in the first place? Except for drugs and cheese pizza everything you can buy or sell with Monero can be bought or sold for cash at better rates and greater selection. I'm not paying a premium to buy from a shitter selection of gold. The Monero pledge is basically drug & cp dealers asking freetards to sell them shit so they don't have to worry about offramping.
>>59183059same weak fearmonger rhetoric used by bank-klkes on btc.
>>59183149What did I say that was incorrect?
>>59174347I'd be happy to sell some but I ain't selling for this price
>>59179637> Monero is actually usedHave you seen the volume
>>59183059>then why would anyone acquire it in the first place?To get a better deal on a darknet grey market. Or to go gambling at a darknet casino. Or score some steroids/estrogen pills. Use your imagination.>Except for drugs and cheese pizza everything you can buy or sell with Monero can be bought or sold for cash at better rates and greater selectionFor now. That's why so much effort is now being put into developing platforms that will facilitate the emergence of a global grey market where perfectly legal goods and services can be acquired with XMR at competitive prices. The secret ingredient is tax evasion, white market merchants have to factor customs, sales, value-added or income taxes into the retail price, grey market merchants don't so they can offer the same goods/services for less and still make a profit.> I'm not paying a premium to buy from a shitter selection of gold.lol then don't. How many times must you be told to not buy Monero?!>The Monero pledge is basically drug & cp dealers asking freetards to sell them shit so they don't have to worry about offramping.Truly a terrible investment.Have you considered hoarding Bitcoin instead?
sorry monero bros you will need to adapt sooner or later. $SPR will be the new privacy standard. xeggex take a look and decide for your self.
lmao at xmr's price action this last month
>>59183531>Have you seen the volumelol compared to what exactly?
>>59183743>lmao at xmr's price action this last monthBeing a moonfag must be bliss.
>>59183976It's alot more enjoyable than your constant copefest
>>59183658Darknets don't give better deals except in the case of drugs, cp, or stolen goods, none of which are the basis for a healthy society or economy.And tax evasion for who? Drug dealers? I don't care about garbage humans like that. If I want to evade taxes I buy gift cards with any cryptocurrency, ones that give better returns than XMR, and the rates are still better than what your no volume monero gay markets offer.>>59182622>Fortunately you can buy gold with XMR>>59183658>Don't buy gold with XMR lolNice saveThe primary use case of all cryptocurrencies is to go up against an inflating dollar. r/buttcoiners coming here to cockblock Monero with cope and gay markets is one of the biggest obstacles to adoption. Monero would immediately 2X if you suck started a shotgun.
>>59184599>It's alot more enjoyable than your constant copefestYes, that's the great thing about blissful ignorance. Magic is real!>Darknets don't give better deals except in the case of drugs, cp, or stolen goods, none of which are the basis for a healthy society or economy.Darknet grey markets wouldn't be drug or cp markets. Grey goods/services are just regular everyday consumer goods/services being sold off the books, it happens literally millions of times a day all over the world. Darknets + XMR merely enable these kinds of routine trades to take place online without fear of IRS rape. >And tax evasion for who? Drug dealers?Drug dealing is black market. >If I want to evade taxes I buy gift cards with any cryptocurrencyHoly paper trail, Batman!>better returns than XMRkek and where exactly do these "returns" come from?>the rates are still better than what your no volume monero gay markets offer.and the clearnet markets selling them are also completely immune to State crackdown!>The primary use case of all cryptocurrencies is to go up against an inflating dollar. Yes, magically without any economic activity involved. Number just goes up.>r/buttcoiners coming here to cockblock Monero with cope and gay markets is one of the biggest obstacles to adoption.Buttcoiners hate ALL crypto. And your retarded moonfag definition of adoption i.e. HOARDING 4 PROFIT would cripple the growth of this parallel economy we're trying to get going.Monero needs spenders, not hoarders you fucking imbecile. Self-serving lambo chasers like you ruined Bitcoin by making NGU the top priority, crypto-anarchism and crypto-agorism be dammed. Well, lesson learned.>Monero would immediately 2X if you suck started a shotgun.kek why don't you just start your own /XMR/ Moonfag General and post face-melting price predictions there? Or just stick with BTC, pal.
lol will the coincidences ever end?! Like fucking clockwork, Tether has just printed YET another $2 billion USDT! That's $6 billion printed in just the past 6 days, I can't recall so much USDT being printed in such a short span of time before, truly exciting times. Getting close to $130 billion USDT in circulation!Anyway, BTC to $100K is all but guaranteed now, boys! HODL TO THE MOOOOOOOON!
I'm gonna make it, bros...
>>59185858Does this mean people are buying or whales are cashing out, because if whales cash out it's plumetting back to 40k and below.
excuse me I'm a crypto noob, but I think XMR is useful whether it win against inflation or not>backed by black market so you could always cash out>worldwide trading with ease, always low fees>number is number without any complicationatm I could see a good use case in payment for virtual goods (like game subcription) for indie developer, it is costless and has global avaibility
>>59186444Monero is effectively functioning as a currency in active use. That's why it remains stable. It's inevitable that it will go up with inflation because otherwise drug dealers would lose money if they kept the same prices.But it's unlikely to be dragged up in a BTC bull run because XMR holders generally sell for other crypto to make gains, and buy back XMR in bear markets to hold onto their value.The moderating influences of being used in the real world in exchange for actual things means it's difficult for Monero to ever moon or crash too much.
The bitcoin rocket is kinda getting on my nerves.It feels like being a no coiner at the moment. Only 18% up on my position.Demand better explode once everything is dexified, feds lose their possibility to manipulate and only organic supply remains.Although I must admit, bitcoin becoming very mainstream is a good thing. More spotlight is indirectly shed on monero, which in turn gives the highest class the opportunity to capitalize the grey markets. It's a smaller leap from bitcoin -> monero than trad finance -> btc. Tax evasion is objectively in everyone's personal interest, yet nobody would ever admit such. Furthermore illegal activity is impossible to stomp as long as humans exist, a market beyond a ponzi will always exist.It's a long haul and I'm not folding. WAGMI
>>59186286>Does this mean people are buying or whales are cashing out, because if whales cash out it's plumetting back to 40k and below.It means Tether is printing USDT out of thin air and buying BTC as necessary to keep the pump going, as is tradition. It's a kind of magic.
>>59182622>lol compared to what?Compared to everything you fucking spastic retard. In my country the price of ground beef, as an example, has more than doubled since 2020. In the same time span Monero has crabbed down. I've lost an insane amount real life purchasing power by holding Monero.>As already mentioned, Monero has to appreciate the hard way and is currently hobbled by shitty liquidity and accelerating delistings, not to mention a lack of LEGAL spending outlets. Its going to take a while.Monerois still listed on Kraken US. Even the most abject of shit coins that aren't listed on any CEX and have way worse liquidity than Monero are still getting positive price action in bull runs. Monero is basically the only crypto that is seemingly immune to price appreciation.
>>59188087>inb4 I get called a "moonfag" for wanting to preserve my ability to buy food by saving in Monero
>>59188087>>59188107Why didn't you just buy ground beef on online Monero only grey markets at a 50% discount you moonfag? Don't buy Monero Bitcoin to the heckin' moon youMOONFAGOONFAG
Ok this crab coin isn't funny anymore. I've been waiting 3 years. Me on the left getting mogged by dog coins.
>>59123629everything in my portfolio is pumping like crazy EXCEPT this fucking shitcoin
>>59188862This coin isn’t for you, moonfaggot
top 100 and only one coin is in red over the last 7 days and it's XMRHAHAHAHAHA
>>59189677For years we worried about not being decoupled from the market and from bitcoin.Well, we are now. There are good and bad things about it.
does this mean people not even bothered to trade xmr and btc/alts?
Didn't realize that Monerochan hibernates.
>>59188153>buy ground beef on online Monero only grey marketswould
>>59189715Tbh this doesn't just seem like "decoupling". It feels very similar -- and the chart looks basically identical -- to right before the Kraken EU delisting, when all the insiders were dumping their xmr based on insider knowledge. I wouldn't be surprised if a Kraken US delisting is coming up. Or something even worse.
>>59188087>Compared to everything you fucking spastic retard.lol everything else is wash trading, Tether printing and FOMO, its all a mirage, numbskull. Everybody who is "up" is "up" on paper only, if they all tried cashing out they'd quickly discover just how illiquid this clown market actually is.> I've lost an insane amount real life purchasing power by holding Monero.You'll lose *everything* holding anything else once the market finally sobers up and realizes the price action was fake & gay and nobody actually uses this crypto shit.
>>59188338>I've been waiting 3 years. Me on the left getting mogged by dog coins.You were warned.
>>59188862>everything in my portfolio is pumping like crazy EXCEPT this fucking shitcoin
>>59189677>top 100 and only one coin is in red over the last 7 days and it's XMR>>HAHAHAHAHA
>>59191653>>59191671>>59191690>>59191718This has to be performance art or paid Israeli demoralization goon.
>>59192085>This has to be performance art or paid Israeli demoralization goon.Why are you still here? You're missing out on le epic bull run!
Gotta say though, its very encouraging to see the Tether Blackpill propagating far and wide, more and more people are finally realizing how fake and gay this all is.Cryptopocalypse Soon.
>>59192104Congratulations; you have single-handedly killed the Monero general. You are pure cancer.
>>59192104>wHy ArE yOu StIlL hErE?
>>59192391>Congratulations; you have single-handedly killed the Monero general. You are pure cancer.Agorists: 1. | Moonfags: 0
>>59192408Your purchasing power is leaking away!
>>59192391Anyone know why the privacy advocate would keep uploading pictures of himself to a Mongolian basket weaving forum?>>59101214
>>59192444Really makes you think.
>>59192444>Bitcoin tattooAttention whoring.
>>59191316I've got a question related to pricing in this situation. My gut assumption is that sellers would still look at "price" of 1 XMR, as in how much physical currency they can get for it, so for example if they decided their food is worth 2 USD and 1 XMR was worth 200 USD then they would say their food is worth 0.01 XMR.But then you've got the buyers who could either be buying XMR from someone else (which could become more difficult when it disappears from CEXs) for a price similar to what they'd get selling XMR on the same site (which sounds fair enough), or you could have people who pay for electricity, CPUs and obtain the coin on their own, but at quite higher price (at least in my country) per XMR.So in other words, the way I see it is that I could buy food in an average shop for e.g. 1 USD, or I could buy food in a Monero shop for 1-1.2 USD in XMR (if I bought XMR from someone), or I could buy food for 2 USD (if I mined XMR myself).And if the above bears any resemblance to truth, then it sounds like it's difficult to be a "good guy" to Monero overall by mining, and at the same time actively spend it on groceries. It sounds like it's kind of "not worth it", because of the electricity cost. And if I am supposed to only buy XMR, not mine it myself, then is there really a point? I'm retarded in economy and cryptocurrencies, but mining to hodl ironically seems less of a "waste" than mining to spend. I guess if XMR was in a vacuum, then people would price it differently and maybe closer to cover cost of mining? And then in vacuum you wouldn't have other currencies to pay with, so you wouldn't compare to whatever CEX says the price is.>year 2077>people at home have solar panels and CPUs with many cores and big L3 cache, making some money>they spend it on foodsounds comfy but I caught myself writing "everyone" instead of "people" at first, because I thought that if everyone could have baseline amount of coin, then the prices of food would go up, no?
>>59183658>The secret ingredient is tax evasionIt's always seemed obvious to me that everyone could save lots of money by using Monero. For example PayPal fees are 2.9% + 30c. It's crazy to me that people just eat that. But then that's nothing compared to some of the taxes people put up with.>>59184732>And tax evasion for who? Drug dealers? I don't care about garbage humans like that. If I want to evade taxes I buy gift cards with any cryptocurrency, ones that give better returns than XMR, and the rates are still better than what your no volume monero gay markets offer.Hey idiot, you're not evading sales tax by using gift cards. It's funny that bitcoin has actually massively increased the amount of taxes paid because people pay tax on selling something that's supposed to be a currency and no one actually uses it peer to peer.
>>59192566If mining hurts your wallet acquire monero by different means. You can sell goods or services. That already makes you a chad especially if you make enough to fully pay for your monero expenses.
>>59192566Buying goods and services with XMR makes the most sense when you've earned that XMR directly since you're avoiding conversion fees and related hassles, not to mention KYC bullshit.And that's the basic elevator pitch for the budding Monerontrepreneur : earn an untaxable income that you can spend on goods/services you would otherwise be paying for with your taxed fiat income.Of course, this requires a wide selection of goods & services to be purchasable with XMR, and you're not going to attract all those varied merchants by hoarding your coins and rarely/never spending.
Chat, is it over or are the Bitcoin trolls in this thread were right. BTC up to $89k now while XMR throughout this year have been punished by exchanges and kyc. And yes we know these things are bad but seems like no one really cares about it anyways, including the ones balling rn with BTC going up. I love the XMR community as it is one of the only few real communities compared to other cryptos which people only care for profit and not for the greater good, but at the same time, damn I wish I was eating that good too. Not to mention the fact that the ones in power are controlling the numbers of btc too including with the many rituals being connected with Donald trump.At the same time, I feel like I'm coping atp...
>>59193005>damn I wish I was eating that good too. You'll stop feeling FOMO or regret once you finally realize that all these "sick gainz" are really just phantom paper gains. Its *mathematically* impossible for more than a comparative handful of BTC bagholders to cash out of this Tether-juiced market without crashing the price and starkly revealing just how little exit liquidity actually is available.Moonfags are too low IQ to understand any of this so like Bernie Madoff's victims who kept reinvesting their paper gains they'll remain smugly convinced they're up bigly until that one fateful day when reality bitchslaps them in the face.
Basically.
>>59192549More like an old flame
install wownero
happy slurping
Is using anonero really necessary? What's wrong with just using Tails?
>>59196588Tails requires you to be online. NERO doesn't.
>>59196588No it's not. Just make sure to run your own node if you do particularly illegal things.Even tails, for personal quantity buyers in most countries it's overkill. Not many police departments will seize your computer and do comp forensics to determine if you used that device to buy 50 dollars worth of drugs.
>>59196680Yeah, Tails is fine as a spending wallet. But I'd want to stash XMR savings in a forever offline wallet. Why take the risk?
>>59196680>Just make sure to run your own node if you do particularly illegal thingsDoesn't feather submit transactions over Tor?
NEW THREAD: >>59196802>NEW THREAD: >>59196802NEW THREAD: >>59196802>NEW THREAD: >>59196802NEW THREAD: >>59196802>NEW THREAD: >>59196802
AAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHH
>>59192566Don't mine at a loss. That's literally a psyop to help hold the price down. Likewise destroying as much liquidity as possible (localmonero, CEXs) is a manipulation to increase friction and the bid/ask spread.
