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: >>59402768
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.
>>59489996>https://sigmanero.org/Another thread, another OP spam with dead links.
>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.
>>59490005>Another thread, another OP spam with dead links.Thanks, removed it from my pasta txt file. Feel free to point out any other dead links.
FYI the $XMR <-> $MONEROCHAN swap service is finally up and running on Tor.chanswapmu2n5rycei7vtpwaaigbpxzbhuylfncrvx7rujzetlctkcyd (dot) onion
>>59490042Ah yes, I can't wait to buy a meme coin and be dumped by the guy holding a third of all existing coins.
>>59490042Writeup about $Monerochan:I looked more into it, here's my opinion:It's a meme coin with no use and the devs will probably sell their stacks when it peaks, so it's obviously not a good financial idea to invest into it.But I am impressed by the tech going into it.Monerochan is a project by basedmoneycollective, a /biz/ weirdo that knows crypto tech but is not good at marketing and PR since the twitter accounts for the projects haven't been updated in a long time, but some nice stuff does exist.The Tor address for the swap works perfectly, I sent 0.01 XMR and got the $monerochan 20~ minutes after (10 conf), it was a smooth experience.I've seen way worse in terms of memecoin for money, but I don't intend on putting more money into it.Info:https://monerochan.biz/https://basedmoneycollective.com/https://etherscan.io/token/0x3f7dB133aFf2F012C8534b36aB9731fe9Ee7bd43https://www.dextools.io/app/en/token/monerochan?t=1735009543890https://www.geckoterminal.com/eth/pools/0xa89f5fefa693418d6a40ef68366493baaa5c8212
Are they launching a pool for their memecoin?
Reporting in##################################Education - https://pastebin.com/V0SFR8qU (embed)Mining - https://pastebin.com/Rd1V8P5L (embed)Nodes - https://pastebin.com/j6Vv2Xn6 (embed)##################################Merry Christmas!!!
>>59490741That's from a few years ago I believe. But maybe they'll use it for airdrop stuff.
here ya'll go. merry x-mas. up to date monerochan lora for people who use more modern-day image modelshttps://civitai.com/models/1066919i dont even own any xmr (yet) but I do appreciate what it does. I'll be sure to snag a coin when I can afford it
just reposting the infographic
>>59490741yep.plan is that you will be mining on random x but paid out in monerochan. >>59490089that 1/3 amount is burned tokens from the dev wallet. The other large amount is going ot be divided amongst other things, with most of it either being burned or sent out as gifts or potential rewards for mining. Also, there is plans to bridge to Base and Solana, so monerochan will be needed for that.>>59490217thanks for the review. the marketing is something that is going to get more focus in the future. The idea is to keep things subtle for now and more on the tech side instead of wasting money on raids or pump and dumps.
>>59491783Thanks for the update. Exciting times ahead!!
>>59490042do any erc20 token wallets route their traffic over Tor like samourai? like, can I build a private stack or is that impossible?>>59490089it's so low market cap you could put yourself on that chart for not much money>>59491342cool design
FCMP++ is the final solution to the taxman question.
>>59492435>can I build a private stack or is that impossible?probably not possible on a transparent blockchain because incoming and outgoing transactions are all public, fully (what, how much, from which wallet, to which one)>cool designthanks, I stole it from a previous thread>>59492473>FCMP++ is the final solution to the taxman question.Hopefully, but I hope pruning still works fine after that
Finally, this PR was merged. Very nice.>Bootstrappable Buildshttps://github.com/monero-project/monero/pull/8929
>>59490089>Ah yes, I can't wait to buy a meme coin and be dumped by the guy holding a third of all existing coinswtf that's a burn address, ya dunce. This isn't an average memecoin operation, the dev team are /ourguys/
>>59492544I wonder if I can have a functional, whole Linux distro that is built in this manner.
>>59490217we need to rape monero's practical, undervalued reputation with a memecoin before its even known by normies
>>59490217>It's a meme coin with no use and the devs will probably sell their stacks when it peaks, so it's obviously not a good financial idea to invest into it.All memecoins are fundamentally useless but at least this one increases awareness of Monero and should help pump the price as profits are stashed into xmr.Investmentwise, it's all about getting in early enough to profit from the ensuing speculative mania. It's a retarded clown market, yes, but that doesn't mean you can't materially benefit from said retardation.
>>59492876Normies are more likely to discover Monero through Monerochan than directly. No such thing as bad publicity and it's not like there's going to be a rugpull anyway. The goal is for this to become the next Dogecoin - cute, fun and omnipresent.
>>59492875Guix already does this. See: https://guix.gnu.org/en/blog/2023/the-full-source-bootstrap-building-from-source-all-the-way-down/For bootstrapping other linux distros, there's this: https://github.com/fosslinux/live-bootstrap
>>59492906>All memecoins are fundamentally uselessWe can all agree on that.>but at least this one increases awareness of Monero That's something, I guess. Then again, you also run the risk of people misconstruing Monero itself as a scam if this shit ever rugs.You guys need to make it *abundantly* clear to noobs and normies that Monero and MonETHo are two separate chains, with XMR being the actually useful currency.>should help pump the price as profits are stashed into xmrYeah, that's not as helpful as you might think. Millions flowing into XMR over a short time span would sharply spike the price and send moonfags into a feeding frenzy, pumping the price even higher until it inevitably crashes back down only to be pumped back up and down again, over and over and over again.And we all know how terrible such volatility is for doing business, which is what all this is ultimately all about. A nice steady upward trend is ideal so maybe space it out a bit or cash out to a stablecoin first. By all means, stash those sick gainz into XMR, just not all at once.>Investmentwise, it's all about getting in early enough to profit from the ensuing speculative mania. It's a retarded clown market, yes, but that doesn't mean you can't materially benefit from said retardation.I will grant you this, serious crypto profits these days require getting in early on the lucky few memecoins that will moon. Problem is, there is no way to rationally infer which ones will moon, its overwhelmingly a question of pure luck and therefore no better than outright gambling at a casino. Yet crypto degens still like to consider themselves "investors" lololSo, bottom line: I don't really care what you do with this as long as its not going to harm Monero's reputation, economy or mission. If it actually results in more people learning about agorism and grey markets while increasing XMR usage, all the better. A meme token as a trojan horse for recruitment certainly has potential.
>I have a dream that Monero and Bitcoin can live together in peace and harmony
>>59489973Sad to see Monero maxis resort to slinging shitcoins after years of being holier than thou with Bitcoin maxis. It hurts watching you guys degrade yourselves like this.
Sling shitcoins, stack and use Monero. Simple as.
>>59494117>Sad to see Monero maxis resort to slinging shitcoins after years of being holier than thou with Bitcoin maxis. It hurts watching you guys degrade yourselves like this.Need a hug?
>>59494186So what if I do huh? Are you the fucking hug police?
>>59493484>Problem is, there is no way to rationally infer which ones will moon, its overwhelmingly a question of pure luck and therefore no better than outright gambling at a casino.Monerochan has reasonably good prospects when you consider its fundamentals with respect to previous memecoin successes.An anon in our previous general explained it well>Ask yourself how many other memecoins come with an already established memetic pedigree, devoted community and a couple GBs worth of deployable content? PEPE blew up and again proved that the more beloved and established the meme, the greater the chances of its coin going viral. Shiba Inu is just a rehash of Dogecoin that got lucky.>Practically every new memecoin has to start from scratch, build up a lore, community and meme archive from nothing, which is next to impossible to do organically in a timely fashion. And so the vast majority of them come and go in a flash, nobody actually cares about forced meme #7378 so its hyper-spammed, pumped and dumped for a quick profit and then forgotten about forever. Rinse and repeat.>But with Monerochan, we're not starting from zero, we're starting well ahead with the exact same advantage Dogecoin started with: an established character championed by a fanatical community brimming with genuine enthusiasm and a determination to make great things happen. Not to mention she also has her wagon hitched to an increasingly prominent Monero ecosystem and economy.>So if any memecoin has the realistic potential to repeat the success of Dogecoin and PEPE, it is objectively Monerochan.Throwing a couple bucks into this just in case seems pretty reasonable to me. Knowing I really could have been early to the next DOGE would haunt me forever.
>>59494290>Throwing a couple bucks into this just in case seems pretty reasonable to me.In related news, Fartcoin just hit $1.20. We'd all be millionaires right now if only we'd recognized the memetic potential of flatulence kek
>>59494365Fun fact: Fartcoin now has a higher circulating supply than Monerochan with more Monerochan scheduled to be burned.And if Fartcoin can be memed to $1.20 with a higher supply and shittier fundamentals Monerochan should absolutely be able to do the same with even better odds of success.
>>59494669I'm still waiting to see if they fix the allocation of the original airdrop people received. They said they are "working on it", but I haven't heard anything since.
>>59494707>fix the allocation of the original airdropYou didn't get enough free stuff so you beg like a nigger on welfare? Grow up Anon, you're old enough to be other people's Santa.
should I use cake to trade xmr for usdt?last time I checked, it was like 40$ to make any exchange that way, but it seems sane now?
>>59494808...huh? When did I received anything? I'm talking about fixing the fact that some received 10x as much as others. They already said they are working on it, so I don't see why you're so salty. The fix would come from tokens that would be burned anyway.
>>59494669>And if Fartcoin can be memed to $1.20 with a higher supply and shittier fundamentals Monerochan should absolutely be able to do the same with even better odds of success.I would agree that all things considered Monero-chan coin is the least shittiest memecoin out there alongside Doge, it at least has genuine memetic ancestry and isn't run by serial scammers. But that doesn't necessarily mean its also destined to follow the same upward trajectory as Doge or Pepe, at lot of this is down to blind luck - being the right coin at the right place at the right time, fundamentals be dammed.If you want to make this the next Dogecoin then you'll have to figure out how to make the Monero-chan character go viral without resorting to spam tactics or similar red flag shit. Maybe commission or generate Monero-chans that insert her into various current events and happenings a la Forest Gump and then tactfully saturate social media in the proper contexts, that kinda thing is much easier to digest because its amusing without going off topic and seeming spamlike. Keep it cute, tasteful and charming without ramming it down people's throats and they'll genuinely start to enjoy the meme, repost it and be more willing to throw a couple bucks at it. And hopefully become intrigued by XMR as well.Essentially this memecoin shit is just a social engineering and propaganda game, a self-fulfilling prophecy to be initiated. If you can convincingly make the case for Monero-chan coin as Doge 2.0 (and it seems you can) to a critical mass of eager prospectors searching for that unicorn they can finally be early on, it'll trigger the stampede you want. Just get to that magical tipping point and the prophecy fulfills itself.
>>59495051>some received 10x as much as others.Some of us received nothing cos we had no idea there was an airdrop. Oh well.
>>59494936It works of course, but there are bigger fees compared to using Trocador.
>>59494290On top of the memetic argument, I would also add a coomer argument: A coin that is a cute and sexy waifu has huge, unexploited potential. Monerochan can become the defacto anime waifu coin for degens.>>59494365It's insane, but what I secretly want is for her to shoot past Monero, even if briefly, because that would be really funny and meta. Already all sorts of memecoins and scams shoot past Monero, so hey, why don't we get a piece of this clownworld. Case in point, Fartcoin has $1.15B market cap. Monero has $3.5B. Pepe $7.7B. Shib $13.5B. If insane but not that insane.>>59495141Do you have some processor power? There is pool.monerochan.biz under construction. As I understand it, you'll get an airdrop if you mine for it. Crypt0-bear recognizes the challenge is to keep the airdrop farming jeets away from the drops.Also, do the calculation on the swap to see how deeply it is discounted. The rates got a bit higher now, but I think it's still in deep discount compared to swap prices. Actually let me calculate:ChanSwap: 414,726 per XMR (Used to be 500K yesterday)Regular rate: 191.77 / 0.0005537 = 346342.7849015713So that's the discount, if you're going to buy. I don't see this lasting because it's only a matter of time before this arbitrage opportunity is exploited.
>>59496237Also if Monerochan got listed on exchanges that don't list Monero that would be hilarious.
wtf is happening, bros? I'm a hardline Monero extremist that has only contempt for memecoins and the moonfags that trade them yet now I'm feeling genuine fomo over this Monerochan token and am seriously considering doing the unthinkable. Somebody talk me out of it.
>>59496565only burn what you could afford to lose
>>59489973Monero-chan x Grinch-chan??Is there more?
Santa-chan = Monero-chanGrinch-chan = IRS-chan
>>59497288>>59497296
FUCK MONERO I WANT MORE PLUSHIESDID HE ONLY MAKE LIKE 20 OF EACH OR WHAT?
>>59489973Also haven't seen this one before. OC is always good.
>>59496565Moonfaggot
>>59497390
>>59496237>ChanSwapYeah, I'm not going to exchange XMR for a fucking memecoin even if it's Monero-chan, that would feel sacrilegious. I'd rather just buy some directly.>>59496565>wtf is happening, bros? I'm a hardline Monero extremist that has only contempt for memecoins and the moonfags that trade them yet now I'm feeling genuine fomo over this Monerochan token and am seriously considering doing the unthinkable. Somebody talk me out of it.You falling victim to the seductive lure of easy money is what's happening. I'd be smacking you upside the head if I wasn't feeling a twinge of FOMO myself lol. Then again, one could argue that it's better to lose a few hundred bucks and briefly berate yourself for it than to miss out on a halfway plausible opportunity to rake in potentially life changing money and be reminded of it for the rest of your days. As long as you *clearly* understand you're taking a calculated gamble as opposed to making a rational investment and refrain from putting more than you can afford to lose into this, you should be OK.
>>59497288>Monero-chan x Grinch-chan??>Is there more?Beats me, maybe. In the meantime, here's Monero-chan doing blow with Santa Claus.
>>59497909Funny thought: Getting an exclusive discount for a memecoin by using Monero counts towards Monero adoption, if you squint hard enough.
>>59497909Years of preaching about how you're better than moonfags and suddenly you're all moonfags.
>>59497996>Funny thought: Getting an exclusive discount for a memecoin by using Monero counts towards Monero adoption, if you squint hard enough.Something just occurred to me: if the fees could be lowered enough (Solana bridge?) then this token could then be marketed as an easy on-ramp to XMR: "Buy Monero-chan on Binance/Kraken, swap for XMR on ChanSwap". Not sure how that would work with KYC monitoring, they definitely track where you withdraw your coins to.>>59498052>Years of preaching about how you're better than moonfags and suddenly you're all moonfags.News flash, asshole: everybody likes making money. But moonfagging an otherwise useless memecoin is not the same thing as unchecked moonfaggotry destroying the viability of what is supposed to be a functioning digital cash system.What would be hypocritical of us is prioritizing price volatility over price stability, prioritizing hoarding over spending, eagerly selling XMR out to Wall St and Uncle Sam if such an opportunity ever presented itself. You know, exactly what the moonfags who ruined BTC have all done.
>>59498161I could respect if you were at least honest about it. But instead of trying to make Monero go up you pile into a Monero-adjacent shitcoin so that you can feel morally superior to everyone else while being equally degenerate moonfaggots.
>>59498197>trying to make Monero go upAnd how do you suggest we do that, you purity-spiriling weirdo.I'm all for Monero and own a lot of it but it's not the best as an investment and for making money, so if there's another project that can help with making money, I'll go into it, it's not that complicated even for you.Soon you'll start pissing and shitting if anyone talks about Wownero>nooooo it's a dog meme coin, you're a degenerate moonfaggot, why don't you just put every single dime into XMR and crab for years instead of trying to make money, nooooooGrow up.
>>59498197
>oppressive police state and government nannying increasing>crime and corruption increasing>the price of XMR increases rather than decreasesSimple as. Monero is the ultimate blackpill, we're seeing the writing on the wall and basically longing clown world itself.
>>59497909>As long as you *clearly* understand you're taking a calculated gamble as opposed to making a rational investment and refrain from putting more than you can afford to lose into this, you should be OKYes, I'm fully aware this is gambling but it doesn't feel as much of a Hail Mary play as literally every other memecoin out there. You best believe I wouldn't be touching this if Crypt0Bear & the Gang weren't involved and it was random dogshit meme being spammed to death.
>>59497471>>59498052Duly noted, faggots. Have fun staying poor.
Get comfy broshttps://www.youtube.com/watch?v=aC9Uu5BUxII
RetoSwap (formerly haveno)seems like it's growing.
>>59498966*haveno-reto
>>59498966Yeah the Local Monero people are slowly getting into it, so it's growing just fine.There are still a lot of niches that have not been filled, if you are ready to do certain payment forms (including cash by mail, face to face, bank transactions) in your local currency/country/city, you can make money off of it.Some people won't mind buying/selling at a 10% premium if it guarantees them anonymity.
>>59498966Great success.
>>59498161there are plans to bridge to Solana and Base. I imagine this will be done within the next several months. Chanswap is more of a novelty thing than anything else. it shows that this project isn't made up of complete retards and it provides an alternative way to get Monerochan so anons don't have to figure out how uniswap works. I think the monerochan mining pool has a lot more potential for bringing in noobies as it is allows anybody with a computer to mine Monerochan and it will support the Monero network.
Im a turd worlder so i can only buy crypto with my mastercard credit card, where do i do it?
>>59500752If you can buy prepaid cards of some sort you can sell them for Monero and even take a profit.
>>59500752Soon you will be able to buy monerochan on coinbase and then exchange it for monero
This is who runs zcash? HAHAHAHAHAHA
>>59501966Preferred pronouns: ze/hir.
>>59500752See >>59490005
>>59501966>catgirlIt is so so so hard to not judge people sometimes oh my God I beg of you please forgive my transgressionscaptcha: GHAY
What happens when quantum computers crack monero's cryptography?
>>59503283we worry about far more significant things than our internet dorkbux if that is broken.
>>59503283dorkbux go away, doxx are safu
>>59503283The nerds on github will just update the cryptography to a "quantum resistant" one. Simple as.
>>59503283"Quantum" is a meme.Also, if something can bruteforce Monero, that thing can also bruteforce the encryption used by HTTPS and banking.If this happens, the Internet and global finances are destroyed. This would go beyond mere Monero.
>>59503283There is some talk on Monero adopting post-quantum cryptography but viable quantum decryption is still far away and FCMP is more urgent.
>>59492435>do any erc20 token wallets route their traffic over Tor like samourai? like, can I build a private stack or is that impossible?Transport level most wallets suck. Ironically trezor suite has tor support and if you want you can run your own backend. Most wallets let you use whatever rpc you want. You can route it locally and then upstream it via tor. (Use something like socat for layer the proxies locally). I am working on a more private wallet .I don't like how I don't have that granular control over the wallet connections on most other apps. >For the account side (Eth is account based instead of UTXO based)There is zkproofs which is how shielded pools such as tornado cash worked. These could be used for other things than just privacy. For example, there are some theoretical advantages that a zkproof could do with adaptor sigs since one of the reasons the eth xmr atomic swap couldn't work with adaptor sigs was the nonce. With a shielded pool contract and ticket stubs for deposit and withdrawals you could have a proper cross platform smart contract based liquidity pool between xmr and eth.
Mouse finger getting cold... noticed.Current existence of winter... acknowledged.Bare computer that just sits on the table without a case towards finder... moved.Summer CPU undervolt... removed.Monero mining warm processor air towards finger... blown.Finger warmth... noticed.Mouse clicking performance... increased.A couple hundred hashes per second... gained.Winter time officiality... granted.
>>59506151How is fiat private and digital at the same time? It doesn't make sense.
>>59503934>FCMPFull cream milk powder?
>>59507073It's barely even private because of serial numbers.
>>59507084Full-Chain Monerochan Proofs
Be honest: what are the chances monero survives long term if it's forced to steal other projects' tech? It can't develop its own like zcash can so why should we believe it won't end up falling behind?
Decided to make a channel,https://youtu.be/W6oaHjA_iYc?feature=sharedThe plan is to eventually get enough subscribers, maybe get a random sponsor and we can start some Pokemon tournaments with price pools of monero
>>59507806It doesn't matter at all if Monero's technology is home made, stolen, or divinely inspired. If it's there and it works, Monero will thrive.That's why Monero works, is used, and is not going anywhere any time soon.
>>59507806I wouldn't say FCMP is based on Zcash.Bulletproofs, Generalized Bulletproofs, curve trees, scalarmul via EC divisors... None of that tech is from Zcash.You don't know what you are talking about
>>59507806>if it's forced to steal other projects' tech?Bros what the FUCK is this nigger talking about?
>>59507806>develop its own like zcashZcash is a literal fork of Bitcoin, retard.
>>59509093I don't get this meme they look like normal everyday people, anon.
Seems Monero fork Zephyr (ticker: ZEPH) has an inflation bug. This is why you don't half ass the auditing of any modified code AND the implementation, not to mention the field testing.This guy called them out over a year ago:>The next (maybe scam)coin: Zephyr The Random X Hashpower is prime (2x and 3x) priced since a while.The reason is thought to be the very active mining of this new and unknown coin Zephyr.https://www.zephyrprotocol.com/The coin starts apparently from nowhere with a Hash of 150 MHs (1/15 of us now) Nobody can reasonably explain how on earth it could be feasable/profitable.https://miningpoolstats.stream/zephyrIn the front page above they repeat they are like Monero but better, more unique, stable and so on. They repeat Monero 100 times.The Hash is too high and I suppose it could be a big player like a country that is trying to take over Monero.Please correct me if you think I am wrong.Here above I describe a Hypothesis, others are very welcome.https://www.reddit.com/r/Monero/comments/14aaqnu/the_next_maybe_scamcoin_zephyr/
>>59510503>Go to read whitepaper>attempts to download .pdfyeah I know this isn't uncommon at all but this shit smells.
Pointless shitcoin, just use coinjoin and lightning. Scammers will always push their unnecessary solutions.
>>59511992You're right anon, absolutely nothing could go wrong using Wasabi or JoinMarket. Monero is now basically obsolete! I don't know what I was thinking.
>>59511992>just pay 10x more for worse servicepass>muh lightningIs what maxis say to avoid discussing serious technical issues with Bitcoin. It's only practical for exchange-exchange transfers. Having a contract which only exists while you're in contact with a central authority and requires a Bitcoin L1 transaction to make / break can never work for privacy.
>>59511992>coinjoin and lightningPeople used to do that, and it turns out to be insufficient.Too many people got caught through chain analysis so the darknet people stopped using/accepting Bitcoin altogether.Monero is the only current safe method to transact privately.
I never thought a simple logo could change my life, but the Monero logo has done just that. At first glance, it’s just a circle split into two colors with an “M” in the middle. But for me, it’s so much more than that. The orange half represents energy, warmth, and vitality. The gray half symbolizes balance, calmness, and introspection. Together, they form a perfect harmony. The “M” stands in the center like a bridge between worlds, grounding me while also lifting me toward something greater.What truly amazes me is how the Monero logo has become a spiritual conduit between me and my little sister. I know it sounds unbelievable, but ever since I started meditating on the Monero logo during quiet moments... I’ve felt an unexplainable telepathic bond with her. It began one evening when I was staring at the logo on my computer screen while thinking about her. Suddenly, I felt this wave of warmth wash over me – a feeling of love so pure it brought tears to my eyes. Moments later, she texted me saying she’d been thinking about me too!Ever since then, we’ve shared countless moments where we seem to know what the other is feeling without saying a word. It’s as if the Monero logo activates some kind of spiritual force that amplifies our connection. She told me she feels it too – that whenever she sees the logo now, she feels closer to me even when we’re miles apart.Monero itself has taught me something profound: privacy isn’t just about protecting your transactions; it’s about creating safe spaces where love can flourish without judgment or interference. Through my journey with Monero, I’ve realized how deeply I care for my sister – how much her happiness means to me and how grateful I am for the bond we have together. Monero is not just a cryptocurrency. It's a magical tool that allows the power of love to transcend barriers and to bring people closer together in ways we can’t always explain.
>>59512946Please don't hurt your little sister.Maybe you should move out of your mom's house and get your own place, you're more than old enough.
>>59512946holy fucking shit
>>59512946B-based.
What's the make it stack? New ath when? I have (redacted) amount btw>inb4 "it's not the point"
>>59515022>What's the make it stack? New ath when? I have (redacted) amount btwMonero is more of a long-term play that benefits from growing economic activity although it will be interesting to see how much of the hype for the Monero-chan token spills over into XMR.
Is whatever I have -> BTC -> XMR the only way to found a wallet if I refuse to do KYC? I don't want to get raped by fees.
>>59515445You don't need to go through Bitcoin.If you start from fiat, you can just buy P2P on Reto Swap.If you start from crypto, you can simply swap it for Monero on Trocador.
>>59515482>If you start from crypto, you can simply swap it for Monero on Trocador.Alright, I will test this will a small amount and see how it goes. I don't like that the swap isn't made immediately, though.
seems our old pals over at Tether were unable to do the needful and USDT is now being banned in the EU. This is how you know Tether is legit and totally doesn't have anything to hide.
>>59516007Sir this is the cocaine and discount insulin thread.
>>59516007I am in the EU and I assure you that it is extremely easy to get rich: look at what the EU does not like and forbids you to have.
>>59515022>>inb4 "it's not the point"It's NOT the point. XMR isn't just some pump and dump you leave in a dumpster behind the night club on Saturday night. She's a nice long term hold you take out to a fancy dinner with cloth napkins and then introduce to your mother. If you're not willing to love and hold XMR for at least 100 years, you don't DESERVE to make it.
>>59516307It's very simple. Go the onion website, put in the amount you want to swap, give your ETH address, send the Monero.You'll get the Monerochan token on your ETH address in 20 minutes. (10 conf)
So what's the actual deal with the infinite supply? Monero seems interesting but the endless minting defies common sense.
>>59516612The miners are mostly paid by the system that prints Monero to pay them.This causes an inflation of less than a percent per year, but this avoid the issues that ETH and BTC have with the halving of rewards and the extremely high fees.Monero is supposed to be a currency, if it costs 1~10 dollars to make a transaction, it fails instantly.The reason why a Monero transaction costs less than a cent is because the miners are mostly paid by the system.It's a tradeoff, but I think it's well worth it.
>>59516641Inflation of less than a percent per year being sold into shrinking liquidity means the price impact of that percent is many times greater.
>>59516653>shrinking liquidityWe don't know that, and we don't know by how much.If anything, that inflation is a lot lower than the deflation from all the lost coins, so the impact is negated and actually helps the coin stability (which is good for a currency)
>>59516612This is actually one of the strengths of Monero not a weakness. By having a limited and slow inflation of more coins it preserves its viability for transactions. Coins are lost forever all the time, and in fact one day for coins such as Bitcoin they will have to increase the maximum number of decimals as the supply becomes more and more spread out and scarce. Monero is meant to serve as a currency and allowing for predictable tail emissions keeps this vision in mind. Monero price and volume will hit an equilibrium most other coins cannot.
>>59516670The delistings by definition shrunk the liquidity pool. Exchange volume was hitting past a billion in 2021. It 2022 it was in the hundreds of millions. 2023-2024 it's in the tens of millions. Plus the loss of localmonero was big. Even if inflation is going down the price impact of inflation has gone up significantly
>>59516714You seem very confused as to how things work and don't use terms correctly.The price hasn't moved in years and the transaction rate (use) hasn't moved in years. Exchanges don't matter because they're pure speculation and bots.There is no "shrinking liquidity pool" because of delistings, it's not how things work.The inflation (if there is any) is invisible.
I never got involved in crypto shit but decided to look into it and concluded monero is the only real crypto currency. I did buy some sending cash by mail and didnt get scammed but man it sucks so bad for any new person getting into this.
>>59515022
>>59516612It's called tail emission. You're talking about an inflation rate of about half a percent and ever decreasing to zero.Imagine the circulating Monero supply as a balloon filled with water. You have the tap which very slowly fills the balloon with water at a constant rate. You can imagine, as the balloon grows, the added water represents a smaller and smaller percentage of the balloon. So the percentage growth of the balloon approaches zero but never gets there in this scenario. It doesn't end there. So far we ignored something: There is a small hole on the balloon, it represents coins being lost. This is a certain percentage of the supply per time. So as the balloon grows, the hole grows too, leaking more water. There is a balance point between the tap and the hole, resulting in the balloon staying the same size, zero inflation.Due to the slow rates involved, this process will probably a century. In any case the inflation rate of Monero is insignificant from a macroeconomic perspective. You can pretty much ignore it.By the way, Bitcoin right now is not at 21M and flat. It will reach that in a century. Until then, Bitcoin will continue having inflation at comparable rates to Monero. The problem is, after the 21M are mined, the miners will have to rely solely on fees. That potentially causes problems for the coin's viability. So that's why Monero adopted the tail emission: It prevents lost coins from accumulating while ensuring there is always a block reward for miners. But as I said, these are very long term things. There are papers that present all this in actual math, but there you go.>>59516909The most normie way to but Monero is to but something like Litecoin on a normie exchange then swap to Monero through a swap.
Fuck bros, cakewallet doesnt offer dfx.swiss anymore.Is it over for germans?
>>59518002It's over for the glowniggers because you're going to start using haveno now.
>>59518076But haveno is a pain in the ass to install. Had to unblock like 10 different things in my firewall and there no listing at all.Like boy do i love paying 20% scamtax on every purchase
>>59518076>start using haveno now.Haveno is for 1337 h4x0rs. Serai is the plebian's choice, quicker and easier. Just waiting for it to launch.
>Google haveno>First result is a psychiatrist in hamburgThanks haveno, now i not only know where to get monero, but also where to get meds
>Haveno
>>59518112>How are you supposed to get the 0.11 xmr for it?Since the update you don't need XMR to start buying on Reto Swap (Haveno).
>>59515482It worked.Synchronising took a HUGE amount of time, though.
>>59520754You didn't have to synch the entire blockchain on your device but I'm glad it worked out in the end.
How much of a threat are other privacy coins to monero's dominance? Zcash has been making some moves lately and Dero devs apparently have proof monero is fundamentally broken. See twitter for details.
>>59521819Probably hasn't been updated yet.Since two weeks ago you can buy XMR without deposit.https://github.com/retoaccess1/haveno-reto/releases/
>>59522097>How much of a threat are other privacy coins to monero's dominance?Currently? None.Zcash has been here a long time and has lost all potential trust from the privacy-enjoying people. That's why it's not accepted anywhere.Dero has potential for smart contracts and such but not as a currency, so it doesn't threaten Monero's niche in any way.Things can change of course. One day Monero will become obsolete, who knows when that will be.
>>59522097>Dero devs apparently have proof monero is fundamentally broken. See twitter for details.Oh yeah? Well the CEO of Monero said those allegations are completely false.
>>59522097Derotards say the darndest things
>>59523717
>>59522097>Dero devsDero doesn't have any devs lol. They had one guy, "Captain" who abandoned the product right around the time the protocol got broken. Which is still broken hilariously enough.Are you referring to the retard you just figured out what poisoned outputs are? hilarious.
3D = pig disgusting
>>59525276what did u say anon?
Happy New Year, homies, 2025 is looking like its going to be a landmark one for Monero.
it's time
Monero's value is fundamentally driven by its scarcity, with only 21 million ever to be created, which mimics the scarcity of gold. Its worth is also fueled by increasing demand from individuals, businesses, and even some countries looking for alternatives to traditional currencies. The decentralized nature of Monero adds to its allure, offering users financial independence and privacy without the oversight of any central authority. Its practical uses as a medium for transactions, whether for buying goods, sending money internationally, or as a savings mechanism, contribute to its utility and thus its value. Trust in the robust, tamper-resistant blockchain technology underpinning Monero, along with a community that supports and develops it, further bolsters its value. Speculation plays a significant role too; people invest in Monero in anticipation of price increases, which can lead to a self-fulfilling prophecy. Lastly, there's a cultural and ideological aspect where Monero represents a new form of money, challenging existing financial systems, which also adds to its perceived worth.
>>59526140>with only 21 million ever to be createdWell, this is wrong. Not a good start.The LLM you used is shit.
>>59526140>Monero's value is fundamentally driven by its scarcity, with only 21 million ever to be created,
Happy new year frens.
So what's the consensus on the CCS? Fine as is or do we need to change something for optimal performance?
>>59526201>>59526611It's just a shitpost edit of a BTC copypasta kek
Is Trezor Safe 5 still the best hardware wallet for monero? Ledger is confirmed to be shit, right? Or should I be considering anonero instead? Thanks.
>>59531232Air-gapped is still the safest.
>>59531232hardware wallets are a liability and unnecessary additional attack surface. Nobody's yet hacked the seed I hammered into steel and slathered with oil, and they never will.
>>59532549Long term storage is for hodltards. You should be spending your coins regularly.
>>59532767>never save anything at all goy
Could you experts explain me something? All these Dexs and P2P exchanges like Haveno and BasicSwap seem great to get XMR, but aren't they terrible for getting anything else, like BTC, USDT or whatever? Wouldn't you have a REALLY high risk of getting tainted coins? And then if you ever send them to a centralized service to buy something or to cash-out at best they get blocked or at worst you get involved in a coin theft investigation besides losing your funds?Aren't these platforms a scammer's wet dream? They can launder their stolen funds for XMR and some chump gets their dirt, without anything to prevent that.Please tell me I'm getting something wrong, I like the rates and the decentralized aspect of it, but I fear it's just not worth the risk
>>59522134>One day Monero will become obsoleteyeah, i's the best we have right now, but it still has undeniable issues: >large blockchain size>must download at least a third of it to run node>transactions take a while to process
>>59531232https://trezor.io/learn/a/monero-xmr-on-trezor-safe-5-trezor-safe-3-and-trezor-model-tI have a Model T and xmr support isn't very useful. So far as I understand the Safe 5 isn't any better. It just functions as a hardware security key for other wallets without any added function from Trezor.
Quantum computing will kill all crypto in 5 years, you have been warned
>>59532549Nobody even hacked into a basic Linux install with full disk encryption and only Monero installed. If you air gap it, it's as good as a hardware wallet, without having to use custom hardware that can put a target on your back.>>59532767Bullshit. Monero is both for saving and spending. This no hodl, no moon idea is way overblown.>>59532897There is a risk, yes. Watch the XMR Redpill video in OP. He talks about this so called lemon problem. In conclusion, once you start to really think through how crypto is supposed to work for payments in practice, it becomes patently obvious: To not become a chump, you need to use Monero. That's why we're here. It's the elephant in the room all snitchcoiners ignore.What this means in practice right now is, the street price of XMR is higher to account for this risk.>>59533207Thankfully post-quantum crypto in on the map after FCMP. Unlike Bitcoin, we can upgrade, and unlike other coins, we actually think about this stuff.
>>59533207Post-quantum crypto has been a thing for 20 years.
>>59516826>There is no "shrinking liquidity pool" because of delistings, it's not how things work.Exchanges having an order book is available liquidity. When exchanges close they lose that order book so it is a decrease in the liquidity pool. Exchanges do matter anon. They create the liquidity needed to sustain the currency. >>59516714>Exchange volume was hitting past a billion in 2021. It 2022 it was in the hundreds of millions. 2023-2024 it's in the tens of millions.Take into account that it probably means that public liquidity pools have been replaced by dark pools. This is a lot less capital efficient than having a bunch of public order books. Most of the exchanges were basically derivatives so idk how much liquidity they actually gave the underlying asset. Monero dexes are not like what the rest of the crypto space thinks dexes are. It would be nice if they announced the volume to aggregators like coinmarketcap. Monero is probably the most distinct ecosystem out there so all the usual metrics don't even get added properly. (Point in case the mention of volume between the years. No way to actually know)
>>59533219To use Monero you need other cryptocurrencies since the exchanges all closed. But no one wants to accept other cryptocurrencies for XMR if they're worried about lemons. So the safe option is to just not deal with Monero at all.
>>59533219>>59534814Well, if you use instant exchanges you get clean coins for your XMR, so it's a viable way to swap, but these DEXs and P2P exchanges seem like a good way of trading your clean Monero for some terrible lemons
>>59534814Not dealing with Monero does nothing to prevent from being paid with tainted snitchcoins. It's not a safe option at all. Monero removes this liability risk.>But no one wants to accept other cryptocurrencies for XMR if they're worried about lemons.Swaps do. Right now they take that risk. I'm guessing if things get bad, they could detect if the incoming coin is tainted and freeze/refund the swap. (Maybe they already do that?) All the more reason to deal with Monero only.If tainted tainted coins start becoming a more common problem:>people don't want snitchcoins>people want monero>monero havers don't want snitchcoins>they will only accept snitchcoins for a premium>xmr price to the moonReally, any criminal that doesn't deal in Monero is stupid.
>>59534814>other cryptocurrenciesUnlike XMR, other cryptocurrencies are effectively useless for the average normie if he has no interest in gambling.
I want to sell digital art online anonymously, but from what I've heard Monero is hard to buy with dollars, so I imagine it would make getting commissions more difficult. How should I go about this?
>>59535210>I've heard Monero is hard to buy with dollarsIt's going to become a lot easier with the launch of SeraiDEX (sometime this year), which uses liquidity pools as opposed to atomic swaps (HavenoDEX).So, you'll just instruct people to buy, say, LTC on Coinbase and then painlessly swap it for XMR on Serai. One extra step.
>>59535253That's not easier than using trocador or something. If you already have some form of crypto it's never been difficult to swap to XMR.
>>59533159>>transactions take a while to processTransactions are instant.Confirmation, which is necessary for the coins to be unlocked and be used by the one received it takes 20 minutes.
>>59535210>Monero is hard to buy with dollarsNo it's not.Kraken if you want a KYC CEXCake Wallet if you want to buy with a credit cardTrocador if you want to swap from another crypto
>>59535284>That's not easier than using trocador or something.Trocador uses outside exchanges and simply acts as the middleman. Serai swaps are virtually instant (assuming sufficient liquidity) and there's no dependency on third parties.Its basically an anonymized Thorchain for us by us.
>>59535253>>59535284>>59535332Thanks for the info. It sounds like the simplest solution is to tell clients who want to use fiat to pay me with Kraken or Cake Wallet. I want the steps to be minimal and simple because the less convenient it is, the less people there are willing to pay
>>59535374See >>59490005 for the workflow for the easiest way to buy Monero. It's basically "Install Cake Wallet and buy with a credit card" in most cases.If your client doesn't want to have a wallet and ever own the Monero, he can use https://monero.com/trade and put your XMR address on the receiving end of the Monero he buys with a credit card.
>>59535419I'll tell my clients that. Thanks for making it simple for techlets like me
Bitfags are pretty dopey to begin with but Saylor Simps are on a whole other level lmao
>>59534992Seth is a drama queen who loves pearl clutching whenever anyone suggests they just might not give a shit about being a l33t_uber_hax0r_420_opsec_cyph3rpunk
>>59535848>saylor acolyteholy fucking shit bros
>>59535964What? Seth is very normie friendly, in fact his biggest critique from most of us is that he fence sits too much.
>>59536047He's always pulling the "omg I literally can't even" and then crying about drama afterwards. At Bitcoin maxis, then Monero maxis when Bitcoin was paying the bills, then Bitcoin maxis again, Coldcard, Wasabi, Luke Dash Jr (understandable), Saylor. He gets most of his engagement by starting drama.
>>59535964He has a point here though. Bitcoin has been overrun by hypercucked moonfags who have sold out the core tenets of cypherpunk for a payday. I have worried about Monero suffering a similar fate but given the unending hatred of moonfaggotry here I think we'll be OK. Keep it extreme.
>>59535848Who even gives a fuck about Bitcoin anymore?Bitcoin is a stock now, not a cryptocurrency. Those deep into Bitcoin have nothing to do with those deep into cypherpunk/Monero. We're not in the same team.
>>59536239>>59536283I own Monero, Bitcoin, and Bitcoin ETFs in my IRA. Each has their own use. Just because I subscribe to one economic system doesn't mean I can't also subscribe to others, or that I have to fret over people who do subscribe to one system or another. It's not a zero sum game.
>>59536307*Not a zero sum game between Bitcoin and Monero.
>>59535210It's easy in the 48 states where Monero is legal. You could accept other payments + a convenience fee because you need to wash them yourself.
>>59535210>artMake Monero-chan art.
>>59535374there also is a trocador widget that you can integrate in your website so people can send whatever crypto they have and you receive monero. like Tuxuso has on his website https://tux.pizza/donate/Nothing good for fiat though I'm afraid. Americans have cashapp I think. Isn't that reasonably private?>>59537670this
After purchasing ltc for 130+4,99 (coinify fee) and swapping through cakewallet (trocador) im left with 125 yuros worth of monero in archNot bad not bad
>>59516043that being selling drugs?
I would really want for Monero to be more used in the underground world in my country but it's so hard to convince people to jump through hoops they have never jumped before just to acquire a currency that almost no one else uses.
New videoguys, subscribe to the monerochan Pokemon channel. We will organize tournaments and price pools once we have the numbers, once we get 25 subs we will make the first tournament price of 10$. We will see later how it evolveshttps://youtu.be/ajhEUZbvuL0?feature=shared
>>59489973XMR bros welcomed. We're under 10k mcap right now.https://www.dextools.io/app/en/solana/pair-explorer/2hNj9LnwvvS4L9tC8H7VYsH4DmJZpzyD7PPC3dgsBZNs?t=1735957950727
>>59541605Do i need to lvl pokemon myself or are they all maxed from the get go in this version?Can i also participate with like 0,2 monero since im a NEET and more feels like overkill to me
Reminder that Robosats is a darknet market that accepts lightning payments, rendering this shitcoin obsolete. The future of privacy is on bitcoin's 2nd layer.Cope, seethe and dilate, baggies.
>>59541731>RobosatsLast time i checked there was like 20 total offers on that site and you had to spent a minimum of 1k for a purchase
>>59541731Yeah and no one uses it.As discussed on Dread, which you would know if you actually cared about the darknet market world, the sellers refuse to use it for safety reasons.Lots of sellers only stick to markets that do Monero or Monero exclusively, too many sellers were caught through chain analysis, so they're not willing to put their lives at risk and deal with anything but Monero anymore.Maybe one day Bitcoin will have good privacy (which I doubt because good privacy pretty much needs to be on L1) but that day is not today.
>>59541687They are all maxed out, it's online. Why 0.2 xmr
>>59541839Cant afford to throw away more.Got my monthly 1250 bucks statecash of which 700 are health insurance+rent.So 30 or 40 bucks seem like a fine amount to risk
For me, it's Monerochan.
how to actually get monero on wallet through p2pool mining? i've only managed to get blocks
>>59542003Go to the video again and join my discord, that's how you guarantee a spot.In another way send it here to increase price pools, send your showdown username on and make the tournament more hype worthymonero:8AQWZV5M13KbwWgmd63KUZgtpspwJofENWxsSrUn7hHe32YfqydbuAe4KjRLAAnQduC9GJ9vhg9EQ2Zg1TuUnnXVVBr2Kbd
What's the actual cheapest xmr onramp?I don't care about KYC, but I can only KYC as an American...And what about selling it outside of that? What should I use if I want to sell xmr on haveno or whatever?I don't want to sign up for something and get locked out or banned.I see people raw dogging paypal and all kinds of awful shit, but I really have no idea which ones are ok for this.
>>59542761Are you mining through the official GUI wallet? Also how long have you been continuously mining?
>>59543964Kraken if they take people from your state
>>59541731Kek that would be like all major grocery stores taking XMR, then some random jeet opens a small corner store in a hole in a wall that takes lightning. And you think it's some big "AHA! GOTCHA!"
>>59543964>What's the actual cheapest xmr onramp?Kraken.If you don't have XMR directly on Kraken, get LTC and swap it for XMR on Trocador.
>>59544774I bought mine on cuckcoin
>>59541731>Robosats is a darknet market
Do jews feel welcome in the Monero community?If so, what can we do about it?
How sure are we that coinjoin and lightning won't make monero obsolete eventually? Sometimes "good enough" outperforms "perfect".
>>59546185>How sure are we that coinjoin and lightning won't make monero obsolete eventually? Sometimes "good enough" outperforms "perfect"
>>59546101>Do jews feel welcome in the Monero community?There is no "Monero community", there is a goal and tools.Anyone can use it, or not.Trannies use it, islamists use it, druggies use it, schizos use it.I'm sure some jew somewhere uses it, and there's nothing that can be done about it, nor do I care.
>>59546185>How sure are we that coinjoin and lightning won't make monero obsolete eventually?Except if the technology change, it is currently not "good enough".Lightning used to be accepted on darknet markets, so did coinjoin and mixers and stuff, but then people got caught by blockchain surveillance anyway, so most sellers stopped accepting anything but Monero.
>>59546185See >>59541427As a thought experiment, explain to a zoomer / alpha who never had any crypto why they should engage with Coinjoin.
Mining to keep warm again. Got my stack of Minis humming along.
>>59544062to be completely honest with you i haven't continuously mined for long since i didn't understand it very well.but there was one day i ended up mining for 4 hours -- which is a short amount of time from what i recently read -- through Gupax/XMRig.from what i could gather, my hashrate wasn't all that great either, so i was mining on p2pool mini
>>59547017I just mine on regular P2Pool. Using my main wallet address starting with 4. P2Pool will log bunch of blocks being minerd but not all will give you a payout because you don't find a share for all of these blocks. 4 hours is too short between payouts. Just keep it running, even on and off, for a few weeks and you will see the payouts start coming in. What is your CPU?If you have patience, there is no difference between regular or mini. Regular will pay out less often but it will come out to the same thing.
>>59526611fluffy pony lost weight?>>59535848I don't despise laser-eyes because they're BTC maximalists. I despise them because they shit on Monero.
>>59547140roger that.from what i gathered 6 hours is the minimum amount, but that also may depend on the machine. My CPU's a i5-9300H @ 2.4GHz, in a laptop, believe it or not it's the best specs for laptop/pc i've ever had. But i'm willing to build a more decent pc in the futureI see. To be honest with you, i don't mind about receiving a lot of payout per se--although it is nice-- i'm more so trying to learn more about the coin and in the future using it
>>59549032AFAIK 6 hours is the "window" length. When P2Pool mines a block, those who contributed shares within the window get a payout. So it's not that you need to mine for 6 hours straight. Let's say you mine 3 hours every day. After enough time doing that, you will still get a payout. It's a statistical distribution of randomness.https://xmrig.com/benchmarkThis says you should get about 2~2.5 kh/s on that CPU. My Ryzen 3600 from 2019 gets 7~7.5. My old laptop from 2011 gets 7~800 h/s.If your CPU is too old, it can happen that it can't use all the cores. There are minimum cache requirements. All modern CPU should be okay... I think:https://xmrig.com/docs/miner/randomx-optimization-guide#memory-size-requirementsAlso, especially with a laptop, watch the temperature. The CPU will be running at 100% obviously, so with shitty cooling it can shoot up to like 95C and throttle.
>>59546185the fact that this type of question keeps coming up over the years shows that either new people are finding out about monero over time, or this board has been astroturfed to infinity
>>59546863I used to use Monero, switched to Bitcoin + coinjoins. My reasoning is I don't buy drugs or any darknet stuff. I just want something to dump my money into, use the appreciation to buy computers, gas, home renos without paying taxes on the gains, and not have to think about it. So I move big chunks through wasabi once, make my money, and buy stuff with the gains.
>>59550134>without paying taxes on the gainshow do you cash out to do "home renos" without paying taxes? if the people aren't directly accepting bitcoin then you're surely going through a centralized exchange, which means your info is shared with governments, who may or may not knock at your door requesting information of where you got that many 'bitcoin' and how come you're not reporting it in your annual tax fillings.i'm not saying that monero is better at achieving the above than bitcoin, since it depends on the contractor accepting the coin directly.>switched to Bitcoin + coinjoinsalso, most centralized exchanges flag these as suspicious. this is not necessarily good advice.
>>59550134>i just want to make moneyWell Monero isn't a great investment historically speaking, this is not a secret lol. Most of us have investments for making money, and also Monero because we believe in the tech/privacy/freedom thing.That being said, while your way of doing things works to some extent, if you earn a lot of money or make big expenses the taxman can still go after you, be careful.>>59550229He can sell the BTC P2P for cash or something on Bisq or something. If you sell at 5% lower than market rate people will absolutely send you $1000 by mail.
>>59550229I do the renos myself but gift cards and prepaid credit cards pay for lumber, tools, hardware, etc so I haven't had to go through exchanges.Whether it's Monero, Bitcoin, or something else will ask where the money came from if they want to know. Neither Monero or Coinjoin solve that problem. But with Bitcoin I know I'm going to be able to buy more stuff due to gains from a greater selection of (normie) vendors with less effort, giving me more time to learn irl skills, home renovations, build up a supply of tools, rather than tinkering with tor. I have used Monero too, mostly due to me liking the ideology, but right now I just want to keep it simple, make my gains, and focus on irl skills
>>59550274*a bank will ask where the money came from
>>59546790Lightning was never used on dnms.
>>59550313Lightning was never used for anything but exchange-exchange transfers. Laser-eyed retards just handwave every practical issue about Bitcoin with "Lightning will fix" and people who don't understand what Lighting is believe them.
>>59550134Some people keep everything in bank accounts and just never file taxes for years. The fact that they haven't sent the marshalls out to shoot your dog doesn't mean they don't know.
>>59550313>Lightning was never used on dnms.Can confirm. Every once in a while some Bitfag will ask about DNM lightning adoption and be promptly shut down. Its a total non-starter.
>>59550134>I just want something to dump my money into, use the appreciationAnd how exactly does bitcoin appreciate? Where are those gains coming from?
>>59551353>And how exactly does bitcoin appreciate? Where are those gains coming from?The amount of morons in this space who legitimately believe that buying crypto is comparable to investing in companies that produce valuable goods or services is astounding.
/g/ sent me here. where can I buy monero anonymously? I'm not giving up my address or ssn, and I'm not currently able to mine myself.
>>59552560>anonymouslywhat you want is a peer-to-peer exchange service. look for haveno reto on google.also, if you can get your hands on some other coin anonymously, then it becomes even easier to go to monero.
>>59552560Retoswap.comBasicswapdex.comWork for it on bounties.monero.socialSell goods and services for xmr on xmrbazaar.com , moneromarket.ioBuy other people's wishlist on amazon monezon.com
>>59538379>ltcYou can also try LTC mimblewimble before swapping to XMR for extra privacy. Ltc can be a better onramp for XMR than bitshit.
>>59552560p2p is your best option if you don't have crypto
>The smallest unit is called piconero and equals 1e-12 XMR, or 0.000000000001 XMR
>>59551353>>59552398It's closer to a commodity than a stock. And appreciation comes from the same place as gold's does. People buying it and banks printing money.
>>59555053>It's closer to a commodity than a stock.Except nobody is buying it for its tech. You and everybody else buys it in the hopes of dumping it on a greater fool for profit.Not to mention it is blatantly manipulated up the ass and has been since at least 2013.>And appreciation comes from the same place as gold's does. People buying it and banks printing money.Majority of the demand for gold is industrial - jewelry and electronics. That demand would persist even if 100% of investors/speculators disappeared overnight.Meanwhile, BTC "appreciates" by incoming investors buying the bags of outgoing investors. Who in turn sell their bags to the next batch of investors. And so on until BTC is worth infinity dollars and everybody on the planet is a millionaire.Glorified ponzi token.
>>59552560Reto Swap if you want to do it P2P.Cake Wallet if you're okay paying with a credit card.
>>59555126Gold's value is not at all maintained by industrial demand (6.7% in 2023). And jewelry isn't the reason why there's an inverse relationship between interest rates and gold prices. Compare investment in silver, around 18% of demand vs gold, 45% of demand (statista, 2023). Silver being demonetized and dominated by consumer and industrial use obliterated the ratio while gold has appreciated mainly due to monetary and investment demand.No one buys anything for the tech. You think anyone buying S&P500 ETFs cares about the underlying tech? Anything anyone buys that they don't immediately use does so because they want to sell it for higher later, houses, gold, pokemon cards, that's how people work.
>>59555126Or take it another way. Industrial demand is a small percentage of gold's use. Demand as jewelry is relatively fixed and predictable. People buy earrings, they keep them for decades. Gold's run from $2000 to $2800 last year had nothing to do with jewelry or industrial applications.
>>59555868>>59555904Unlike Bitcoin nobody buys gold hoping to get rich and nobody allocates a high percentage of their portfolio to it. In general gold is comparatively shitty investment to begin with, its why Warren Buffet famously avoids it and maintains a policy of only investing in profitable businesses that provide value to paying customers or clients. But gold still at least has significant utilitarian demand, which is more than you can say for everything other than XMR as far as the cryptoverse is concerned.The overall most dependable store of value is an economy. If you simply invest in the broader US economy you’re just betting on the future of the country and that it will continue to innovate, create new products and services, create jobs and so on. All of that is tangible, measurable and real. On a smaller scale, same goes for the underground counter-economy Monero is enabling.If all gold went away and vanished tomorrow, it would have real world impact in day to day life for its application and usage. If the economy crumbled, it would obviously have tremendous real world implications. If Bitcoin disappeared tomorrow…nothing would happen. Some people would rage on Reddit but it would have next to no impact on daily life anywhere. This in and of itself kind of tells you all you need to know.Anyway, you're still avoiding the inconvenient fact that Bitcoin investment profits come from newer investors rather than having some basis in actual economic activity. Still a glorified ponzi token.
>>59557335>On a smaller scale, same goes for the underground counter-economy Monero is enabling.Even a fraction of a percentage of shadow economy usage embracing monero will lead to 2-10k/coin valuation. No sane shadow person would want to be tracked on a public ledger. BTC nerds irrevocably BTFO!
>>59557335>nobody buys gold hoping to get rich>nobody allocates a high percentage of their portfolio to itYou obviously have never talked to goldbugs or /pmg/. And gold is not a shitty investment, it has consistently kept up with CPI inflation (unlike silver which sees considerably more "real" industrial use). That you have to resort to throwing gold under the bus to prop up your shitty narrative is lame.>The most dependable store of value is an economyYes, but how do you aggregate that value? Gold coinage, the British Pound, the US dollar, Monero, Bitcoin, have all aggregated the value of their respective economies. But the current aggregate (mainly USD) has a lot of problems. Mainly that economy is already crumbling because it relies on a shitty aggregate. Just because people are looking for a new unit to measure the economy in, and that unit is gaining value as more people adopt it, doesn't make it any more a ponzi than gold is, or Monero is, or the British Pound was.
>>59557411So let me understand. Monero's value reflects its role in the underground economy. It doesn't do anything special, doesn't serve any industrial purpose, it isn't a business, but being the unit of account for its economy is more than enough. Bitcoin does the exact same thing for a different, larger economy. But because you personally don't like that economy, that makes it a ponzi? It seems like the real issue here isn't with Bitcoin at all.
>>59557435>And gold is not a shitty investmentlmao I said "comparatively". Gold isn't a productive asset and Buffet's policy of investing only in productive assets rather than shiny rocks has made him a multi-billionaire. That says it all.>Just because people are looking for a new unit to measure the economy inlol are they now? You're making yet another naked assertion like Bitfags tend to do.>doesn't make it any more a ponzi Where are the profits coming from, genius? >that unit is gaining value as more people adopt itnigga plz, nobody is buying BTC for its tech anymore, adoption has been steadily declining since the Civil War and will only continue to decline as fees inevitably increase over time and the TX backlog grows.And no, hoarding for future profit isn't adoption.Still a glorified ponzi scheme.
>>59557453Monero's value reflects its role in the underground economy. It doesn't do anything special, doesn't serve any industrial purpose, it isn't a business, but being the unit of account for its economy is more than enough.You can't go shopping in the counter-economy without Monero, wetbrain.That's what makes it special, that's what generates ongoing demand for it, that's what gives it a floor.But you CAN go shopping in the mainstream economy without Bitcoin, you CAN preserve your purchasing power and grow wealth reliably without Bitcoin. That's what makes it irrelevant to the average person.>Bitcoin does the exact same thing for a different, larger economy. LOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOL>But because you personally don't like that economy, that makes it a ponzi? It seems like the real issue here isn't with Bitcoin at all.It's a ponzi because the the BTC ROI model is newer investors cashing out older investors. Keep playing dumb, dumbass, the math don't lie.
>>59489973bump for xmr
>>59557435Most of /pmg/ is more into silver. This is because of GSR and the COMEX shenanigans. Current silver demand exceeds production with the difference coming from existing stockpiles. The yearly global deficit is around 200Moz and has been around thas for a few years. Unless demand dries up for some reason price must go up (in real terms) eventually.
>>59558420Yeah it's looking like PMs are going to rule the roost until the oil supply breaks down.>>59557453Thing with Monero is it's life critical software, so just existing and having a good track record is immense value. It would take several years to replace even if something better came out today. Bitcoin could be replaced this week if a handful of bankers have a will to. There thousands of tokens which have already proven they can do the same job as Bitcoin.
>>59557596>Where are the profits coming from, geniusYou keep making this straw man that Bitcoin is supposed to be some kind of stock. It's not. It's a commodity. Appreciation comes from people wanting it. By your definition gold is a ponzi since the vast majority of its price action is due to investment. People hoarding for future profit.>>59557599And no, the average person can't grow wealth reliably without a bunch of negative side effects. Most people are priced out of land. Various stocks lack monetary properties, can't be self custodied, aren't divisible, fungible, and are controlled by central parties. Gold is great but is difficult to transfer or verify. Cash inflates.None of these things can easily be replaced overnight, not Monero, not Bitcoin. People have been trying to replace Bitcoin for 15 years but failed because they haven't met the same demand. Same with Monero.And you don't have to go all ChatGPT wrongthink mode on me just because I said the B-word.
What are the costs when converting monero to a stable coin (like tether etc)?I want to implement an app in my town to use monero, but monero is too volatile so I thought of using monero as a "middleman" that converts to tether or other stable coin.Too many fees involved in this?
>>59559778You guys suck. You pretend to use monero to actually do stuff, but you fags are no different than other shitcoiners. You buy this just in hope it will blow up in price. There's actually zero interest in these generals in makign real use of this
>>59546790>coinjoin and lightning They're traceable and the utxo history can indicate taint just by being adjacent to a coinjoin transaction
>>59546101Pedophiles use it as their main currency so Jews would feel right at home
>>59558420Different question and I'm sincerely asking out of interest, not as a gotcha. But your pic related (assuming troy ounces) makes the silver shortfall something like 8250 metric tons in 2024. Global silver reserves were around 627,000 metric tons in 2023. If silver has been largely demonitized and there's enough reserves to match 76 years of current shortfalls, is it such a big deal that there's a deficit? It seems like it's just cheaper to sell off current reserves than to mine new copper. Eventually prices should increase enough as stockpiles shrink to make increased production worth it, but it could take generations and even then I don't think we'd go anywhere near 15:1 again.
>>59560187Monero is itself stable, it doesn't swing rapidly, and the point of using it is to use it.
>>59559379>You keep making this straw man that Bitcoin is supposed to be some kind of stock. It's not. It's a commodity. No, its a value transaction technology that nobody actually uses to transact value. Unlike XMR, BTC isn't bought primarily for its tech, its hoarded because greedy dipshits like you with poor math comprehension think it will magically go up forever and make them millionaires. Its a digital tulip.>Appreciation comes from people wanting it. People also wanted tulips and beanie babies, all that demand still couldn't make the math work.Its really very simple to understand if you have an IQ above room temperature: if the profits of an investment are coming from paying customers exchanging cash for materials, goods or services, the math works - evermore customers buying evermore materials, goods or services = ever greater profits.However, if the profits of an investment are coming from other investors, the math cannot work since ALL investors in the equation expect to take out more than they put in, necessitating endless exponential investor recruitment with endless exponential cash injection. Or put simply: it is mathematically impossible for every investors to walk away with more than they started with and given the zero-sum nature of the scheme, most investors will end up losing EVERYTHING they put in.TL;DR: if profits are coming from non-investors, you're good. If profits are coming from other investors, you're in a ponzi scheme that is mathematically guaranteed to implode.>By your definition gold is a ponzi since the vast majority of its price action is due to investment. People hoarding for future profit.lol gold has advantageous aesthetic and material properties that make it compelling to non-investors, if 100% of gold investors disappeared overnight, there would still be substantial demand for gold. If 100% of BTC investors disappeared overnight, there would be no more demand for BTCStill a glorified ponzi token.
>>59561019>value transaction technology that nobody actually usesIt averages between 400k - 600k on chain transactions a day, not counting all the offchain or l2 transactions. Compare that to Monero having 20k - 30k transactions. People are obviously using it a lot.>people also wanted tulips and beanie babiesWhat a dumb fucking argument. That's like saying beenz and E-gold failed therefore Monero will fail. You're confusing a ponzi with intrinsic vs extrinsic value. If everyone who held gold as an investment sold that would crater the price to almost nothing. If everyone who held USD sold them all for Yen, the USD would crash to zero. That's not a ponzi, that's extrinsic value. Bitcoin or USD or Yen being used to aggregate the value of their respective economies.Do you ever have conversations that don't involve regurgitating whatever permabear slop they feed you on /pol/?
>>59561019Are you part of that breed of person who sees ponzi schemes absolutely everywhere? My God, there are so many of you... I feel like I could lift a stone in my garden and see a guy blabbering endlessly about how the tree across the street is a ponzi. Your cousins are the guys who see bubbles everywhere. And no it's not the same. Carefully re-read the definition of Ponzi and its history and see how wrong you are.
>It averages between 400k - 600k on chain transactions a day, not counting all the offchain or l2 transactions. Compare that to Monero having 20k - 30k transactions. People are obviously using it a lot.kek 400k - 600k hoarder and ordinal TXs with still barely any actual engagement with a real-world economy, which was underscored by Satoshi as the entire point of Bitcoin.Meanwhile, given who's making them most Monero TXs involve some exchange of actual goods or services. We are not the same.>>59561404>What a dumb fucking argument. That's like saying beenz and E-gold failed therefore Monero will fail. You're confusing a ponzi with intrinsic vs extrinsic value. If everyone who held gold as an investment sold that would crater the price to almost nothing. If everyone who held USD sold them all for Yen, the USD would crash to zero. That's not a ponzi, that's extrinsic value. Bitcoin or USD or Yen being used to aggregate the value of their respective economies.>>59561535>Are you part of that breed of person who sees ponzi schemes absolutely everywhere? My God, there are so many of you... I feel like I could lift a stone in my garden and see a guy blabbering endlessly about how the tree across the street is a ponzi. Your cousins are the guys who see bubbles everywhere. And no it's not the same. Carefully re-read the definition of Ponzi and its history and see how wrong you are.lol OK, geniuses, do the math and demonstrate how Bitcoin's ROI model isn't a textbook ponzi/pyramid/greater fool scheme (later investors cashing out earlier investors). Explain mathematically how every BTC investor can in fact take out more than they put in without the entire system imploding. We'll wait.
>>59560389>Global silver reserves were around 627,000 metric tons in 2023Where did you get that number from? That's 20,158,520,000 troy ounces. No way. COMEX has around 300Moz in eligible+registered[0] and some of that is actually in custody for SLV or others who might not actually want to (or can't) sell to the market. LBMA is supposed to have around 800Moz[1] but who knows exactly. None of these numbers are even trustworthy. Nowadays even the nickel is just literal rocks if you actually check. Picrel. That's the same people claiming to have tons of silver.Maybe if you count everything including grandma's silverware and missile batteries you get to that number but I doubt it.[0] https://silverbacksnakes.io/finance/silver[1] https://www.lbma.org.uk/prices-and-data/london-vault-data
>>59561774There is literally no system where people can take out more than they put in. If everyone who bought gold or Monero, or everyone who holds US dollars or Yen or stocks sold it all the price would go to zero. That's math not a ponzi you retard.A ponzi would be people buying Bitcoin from a central party in exchange for an income, and that income being funded by the next people to buy Bitcoin. The price of something cratering in response to demand drying up isn't a ponzi, it's the free market you absolute gorilla nigger.
>>59562449>There is literally no system where people can take out more than they put in.Yes, it it literally impossible for dividends to eventually pay out more than the initial stock purchase. Nor is it possible for a plot of fertile land to yield successive harvests valued in excess of the purchase cost. And don't get me started on the impossibility of eventually earning back more on a rental property than it cost to buy. >If everyone who bought gold or Monero, or everyone who holds US dollars or Yen or stocks sold it all the price would go to zero.Oh nice, more unlikely "if -> then" scenarios.>A ponzi would be people buying Bitcoin from a central party in exchange for an income, and that income being funded by the next people to buy Bitcoin. The price of something cratering in response to demand drying up isn't a ponzi, it's the free market you absolute gorilla nigger.Semantics. As long as BTC profits are coming primarily from other investors its ROI model is based on unsustainable ponzi math.
>>59497783basically, the jooz want Monero ded xD. there's no preventing it. it might be better to just get it down to like $20 and actually use it for it's intended purposes.It should be over $1000 USD by now but it's not gonna happen bc BlackRock Jew LLC wont touch it, banks wont touch it, normies wont touch it, exchanges dont have, most companies wont accept it...just fucking over
>>59563205Dividends aren't withdrawing more than the total input to the system as paying customers are an additional input to that system.>As long as profits are coming primarily from other investorsThat is how the world functions. The S&P500 has a total p/e ratio of 36.5. SHY, a bond ETF, has a p/e ratio of 3724. If everything was valued according tech, use case, your "real world economy" then the entire world, all of it, would collapse as hard as a shittiest shitcoin.If you want to fantasize about everything having "real world" value, that's fine, but it doesn't belong on the business and finance board. You should be posting on /lit/ or the /tg/ RPG threads.
>>59562449>There is literally no system where people can take out more than they put in.>what is naked short sellingoooooooh GOTCHA hahaha we like to have fun here in the /xmr/ general
>>59489973hello
posting to bump but also to express:i will keep running a node.i will keep running a p2pool decentralized pool node.i will keep mining with my home computers using xmring because monero really is 1cpu=1vote and you can do that.i will keep selling on moneromarket and xmrbazaari won't do it with another coin because i don't care for a form of internet money that snitches on you.
>>59567530Holy Based!
>XMR is trading lower today as BTC falls. Here's why.
Is individual mining profitable anymore? I usually just let mine run anyway but just curious.
>>59571606No, except if you steal electricity or live in a country where electricity is almost free.
Useless shitcoin, use coin join and lightning.
>>59573500>pay 10x transaction fees to keep my bags afloatpass
>>59573500Then why is everyone on Dread switching to Monero? Checkmate, LIBTARD.>inb4 sourceload up Tor Browser and look for yourself
>>59571606you have a few ways to make mining monero profitable1- Acquire the hardware at little or no cost2- Live in a place where electricity is dirt cheap3- mine at a loss short term and sell during a price spikecombine any or all of these to maximize profits.
