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08/21/20New boards added: /vrpg/, /vmg/, /vst/ and /vm/
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Starting February 1st, 4chan Passes are increasing in price.

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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=wq6w03E2DS4

XMR Resources: https://libereco.xyz/resources/

XMR Stats: moneroj.net

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

OFFICIAL WEBSITE - getmonero.org

WHERE TO BUY XMR: https://i.imgur.com/XdppsQ7.png
Crypto ATMs: see kycnot.me

>MINING
archive.is/TWOah

HOW TO STORE MONERO?

>Desktop
Official GUI/CLI
Featherwallet

>Mobile
IOS: Cakewallet
Android: Monerujo
>>
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PREVIOUS THREAD: >>59489973
>>
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START MINING IN P2POOL
>START MINING IN P2POOL
START MINING IN P2POOL
>START MINING IN P2POOL

P2Pool 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 Gupax
4. 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 P2Pool
7. Start XMRig

VIDEO 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/eecbe

https://www.reddit.com/r/MoneroMining
https://web.xmrpool.eu/xmr-monero-easy-mining-guide.html
https://monero.hashvault.pro/en/getting-started
https://www.supportxmr.com
>>
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*****/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, explained
https://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 standard
https://moneroinfodump.neocities.org#MoneroReplacingBitcoin


>Breaking News: no, Monero still isn't traceable
https://moneroinfodump.neocities.org/#RecognizingTraceabilityFUD


>Vaporware: why nobody is worried about CipherTrace's magic crystal ball
https://moneroinfodump.neocities.org#CipherTraceFail


>Very Clever Math: how we can verify that the XMR supply isn't being inflated
https://moneroinfodump.neocities.org/#MuhInflationBug


>Pssst, wanna buy some Monero? Follow these simple how-to guides
https://moneroinfodump.neocities.org#BuyAndStoreMonero


>Bitcoin: The Original Non-Fungible Token
https://moneroinfodump.neocities.org#BitcoinBlackpill


>Why Monero is Better than Zcash: the "privacy coin" criminals won't touch
https://moneroinfodump.neocities.org#ZcashBlackpill


>The Lowdown on PirateChain: why this Zcash clone is considered a scam
https://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
>>
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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.com
https://peershop.app

>Live off XMR with Cake Pay (now available in 140+ countries!)
https://cakepay.com/

>or with CoinCards
https://coincards.com/


>Monero stickers for guerilla marketing
http://monerosupplies.com/

>Anonymous burner phone numbers
https://silent.link/

>Monero-only VPS hosting
https://kyun.host/

>Win XMR!
https://monero.vegas/


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/fF95wTNi


Anonymously exchange BTC for XMR using a reputable darknet service

>Majestic Bank
>Infinity Project
https://pastebin.com/raw/75mVpfED

or a reputable clearnet service

https://trocador.app/en/ | I2P: http://trocador.i2p/en/
https://xmrswap.me
https://unstoppableswap.net
http://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/
>>
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>How to *safely* acquire, store and spend XMR

An 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.

>Laptop

This 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.


>Smartphone

This 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.
>>
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>Bitcoin's price = NOT the result of organic real-world supply & demand = NOT sustainable

Wash trading has been artificially driving BTC's insane price action since the first major spike in 2013.

>Wash Trading 101
1. create/maintain the illusion of high volume
2. wait for poor unsuspecting fools to FOMO in
3. dump at a fat profit and leave them holding the bag

When 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.
>>
>>59575958
Why are Bitcoiners such onions cucks?
>>
>>59576076
Rent free
>>
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Reporting in
##################################
Education - https://pastebin.com/V0SFR8qU
Mining - https://pastebin.com/Rd1V8P5L
Nodes - https://pastebin.com/j6Vv2Xn6
##################################
>>
>>59576076
Bitcoiners are moonboys, they just want number to go up.
Which is understandable, but they gave up all semblant of cypherpunk for that. They don't care about private digital currency, they just want BTC to go up in value so they can withdraw more fiat than they put in.

They have pretty much nothing in common with Monero people nowadays.
>>
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If LTC is the "silver" to BTC "gold"
Is there a silver to XMR?
>inb4 XRP
>>
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>>59576076
>Why are Bitcoiners such onions cucks?

Because they are not men of principle. Adam Back is a great example, nigga went full moonfag and simps for Saylor.
>>
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so... how to buy dope worldwide with monero?
>>
>>59575958
Monero baggies cope while Bitcoin goes from strength to strength. Watch how they'll all rope once Bitcoin adds zk privacy. There really is no second best, shitcoins not needed.
>>
>>59578542
I'll believe it when I see it.
>>
>>59578317
No. There's only XMR.
Some argue that LTC+MW can count as a lesser Monero, but it's not field tested yet.
>>
>>59578398
Go on a darknet market via Tor, buy product with Monero.
It takes a few hours to do the first time because it's a lot of steps you aren't used to, but it's as easy as buying stuff on the clearnet once you're used to it.

Visit r/darknet, read the Darknet bible, and browse Dread to learn how things work.
Normie tenagers do it to order their MDMA/LSD, it's not hard.
>>
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>>59578542
I'm a big fan of Monero but only because I'm a big fan of privacy.
If Bitcoin becomes the king of privacy then I'll switch to Bitcoin right away.

That being said, it won't happen.
L2 privacy doesn't work well and there's too much institutional investment for them to allow the coin to become private and run afoul or AML regulations, so it will never happen.
>>
>>59578398
Torzon
>>
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>>59578542
>Watch how they'll all rope once Bitcoin adds zk privacy.

Satoshi will return before that ever happens lmao
>>
>>59580366
his greed is abominable
>>
>>59578317
WOW is diamonds to XMR.
>>
>>59575958
So private i can't buy or sell it.

kek baggies
>>
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>>59581767
That would be like saying you're having trouble buying meth at the grocery store. Go to a decentralized exchange dumbass. "Skill issue" as the kids say.
>>
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>>59578317
>Is there a silver to XMR?

Probably DarkFi.
>>
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>>59581767
>So private i can't buy or sell it.

Monero - the coin governments don't want you using.

Bitcoin - the coin governments are fine with you using.
>>
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>Bro just use coinjoin on a public ledger. Problem solved.
>>
>>59578317
XMR is electronic silver. It acts as a medium of exchange for mostly small value transactions, like <$1M. Gold is gold.
>>
>>59581859
Nobody uses monero, the number of transactions in negligible in comparison to bitcoin.
>>
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>>59582828
>Nobody uses monero
>>
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>>59582828
>bugs ID
Get outta here Klaus
>>
>>59582073
So it's without monetary value but keeps getting pushed by midwits on pol?
>>
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>>59578317
>it's a precious metal analogy
>>
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I was going to make a new thread that will inevitably get jannied but decided that given the low activity of both and lack of need to shill on /biz/, /xmr/ can be a home to Monerochan token discussion and updates for now. The OP I wrote before that:

***

Fuck you I want to talk about it edition.

>monero-chan fan token on eth
>ink and base l2 soon
>there was a fake rugpull scam on ink before the official release (bullish)
>chanswap (exchange monero for monerochan on darknet)
>NFT bricks futures market soon (bulk buying with locked duration)
>mine monero, get paid in monerochan soon (after bridges and ntf)
>possible xmr/monerochan pair on kraken

>inb4 why not just monero?
completely different audiences. this token will tap into the shitcoin numbergoup market. it's a meme + waifu coin which is unique enough. it's a tentacle extending into a new space that never cared about monero before. furthermore it will expand monero movement options through all these swaps etc. basically this is an expeditionary campaign.
>chart
It's crabbing below 1M since launch.
>distribution as of jan 1 (update needed)
Total supply: 1337M
#1: Dead address (399M)
#2: Dev whale wallet (263M)
#3: Unknown XMR terrorist (96M)
#4: Uniswap liquidity (70M)
#5: Notorious sniper (50M)
#6: Chanswap/airdrop funds (33M)
#7: Chanswap buybacks (31M)
#8: Chanswap whale buyer (28M)
#9: Chanswap whale buyer (25M)
#10: Early whale buyer (19M)
>dev
crypt0bear. known in monero community for years. used to make music about monero and shit. can into programming. replies to these threads with progress reports.
>>
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>>59584338
excellent
>>
If I buy 1 XMR with fiat in Haveno (reto), how can I be sure I am not scammed? The secutity deposit is just 0.11 XMR, so if I buy 1 XMR then it's best for the seller just to keep the XMR and take the arbitrator punishment right?
Also, does the Retoswap flatpak work fine for you guys?
>>
i think $500~$1000 is perfect price range for monero to stay forever
>>
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>>59584338
>>dev
>crypt0bear.
>>
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>>59584692
>i think $500~$1000 is perfect price range for monero to stay forever

Not if the circular economy keeps growing. More business = more circulating XMR = lower XMR market supply + consumer demand = higher XMR prices.

Grow the Monero economy, expand the selection of goods and services, give consumers a compelling reason to go shopping with XMR and you get a mathematically sound and sustainable NGU.
>>
I just saw that localmonero is shutting down. Feds really.hate monero, huh
>>
>>59584912
It did a few month ago. Is Haveno-Reto the replacement we have right now? I don't know.
>>
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For all you budding grey market entrepreneurs, a new Monerocentric e-commerce platform has just been released.

>Introducing Kabus Script: An Open Source Marketplace Script Built for Monero

Hello r/Monero! I'm excited to share a project I've been working on - Kabus, an open source marketplace script built with PHP 8.3 and Laravel 11.

Kabus aims to contribute to the Monero ecosystem by providing a foundation for building privacy focused marketplaces. It is inspired by Eckmar's marketplace script, I wanted to create something more modern and flexible that could serve as a core structure for various (legitimate of course) Monero marketplaces.

The current release (v0.7.2) includes common marketplace features and initial Monero integration for vendor registration.

Some key features of Kabus Script:

- No JavaScript required for browser
- Full PGP integration with 2FA support
- Custom DDoS protection with unique Rhombus Captcha
- Monero Wallet RPC integration for vendor registration (Escrow for transactions is on the way)
- Monero return address validation page for Escrow in future
- Well designed user, vendor, and admin panels
- Mnemonic recovery system for users

Classic marketplace essentials including:

- Wishlist and product management (no editing for now)
- Public user/vendor profiles and dashboards
- Built-in messaging system
- Support ticket system
- Rules section
- Educational guides (currently featuring KeePassXC and Monero tutorials, with more to come - contributors welcome!)

Kabus Script is still under active development, with major updates planned through April 2025. I'm working on implementing a walletless escrow system, dispute resolution, and expanding the Monero integration.

https://www.reddit.com/r/Monero/comments/1hzs0q5/introducing_kabus_script_an_open_source/

Set this up on a hidden service and you're in business. Remember that as long as you're selling legal goods/services, you won't be targeted by law enforcement. IRS on suicide watch.
>>
Is it true the core team has been stealing from the general fund?
>>
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>>59586512
>Is it true the core team has been stealing from the general fund?
>>
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>>59584912
>Feds really.hate monero, huh

Can ya blame them though?
>>
>>59586520
I thought so
https://github.com/monero-project/meta/issues/998
https://www.reddit.com/r/Monero/comments/1hzozdd/pause_donations_to_the_monero_general_fund/
https://x.com/kewbit/status/1878152028976828852
>>
>>59584997
>Is Haveno-Reto the replacement we have right now?

It recently rebranded to RetoSwap.

https://retoswap.com/

And there is also Serai on the horizon.
>>
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>>59586556

It's so over this time.
>>
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>We got anonymity like you wouldn't even believe, very very anonymous. So anonymous they don't even know what to do with it, they can't do anything. Sleepy Joe keeps calling me asking me "How do we crack this thing?" I told him you can't. The math, it's very very strong. Some of the strongest math that I've ever seen in my life.
>>
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>>59581767
>So private i can't buy or sell it.
Pic related works well for those that have no experience in crypto, for those that do you can swap any other crypto for XMR on Trocador.
>>
Zcash has superior tech, right? So why bother with this if zec is the future?
>>
>>59583288
Of course it has monetary value. It's like $190/token currently. Understand the difference between store of value and medium of exchange.
>>
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>>59587635
No zcash is ass. Why bother with some bs coin when Monero is the only one used by hackers and darknet markets? Everybody has "superior tech" until it's time to test it out.
>>
>>59587635
>Zcash has superior tech, right?
Not really since FMCP. It's more 'post-quantum', but quantum fuckery doesn't let you go back in time and unmask users.
>So why bother with this if zec is the future?
Because zcash is trusted setup with non-fungible tokens, and transactions shielded by zksnarks are opt-in with additional fees. So <1% of people use them. zksnark by itself is excellent, but zcash is so awful it more than negates the advantage.
>>
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>>59587635
There's a reason no one used Zcash.
It doesn't provide good privacy because it's centralized and almost no one uses the shield, so you can't hide in the crowd like Monero does. Extremely easy to track you with chain analysis.

The fact that privacy is optional and not by default prevented Zcash from becoming efficient in any way.
>>
>>59586556
Ttat kewbit guy is probably upvote botting his own narrative.

https://librejo.monerodevs.org/SyntheticBird/kewbit-drama
>>
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>>59587635
>Zcash has superior tech, right?

Zcash will have superior on-chain privacy only for as long as it takes FCMPs to be activated on Monero. So a few months more.


>So why bother with this if zec is the future?

lol what future? ZEC is radioactive as far as the darknet is concerned, which is pretty much the kiss of death for any privacy-preserving utility.
>>
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Haha, this is why they're so desperate.
>>
Identifying good individual contributors and bankrolling them directly is more sure.
>>
>>59586579
fukken saved
>>
>>59587665
Is that... Mayli?
>>
Monero is the final solution to the taxman question.
>>
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SHE'S GONNA BLOW
300 INCOMING
>>
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>>59586579
where can i buy the monero/wownerochan fumo?
>>
>>59593312
>300 INCOMING
I don't see where the money would be coming from. For Monero to be $300, it would need to gain 2B marketcap.

There is no change on the adoption of Monero (constant but slow growth), and since it's delisted in most places we don't have the gambler money.

Monero will probably never "explode", only slowly grow.
>>
>>59593539
Bitcoin isn't used for anything at all.
>>
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>>59593539
>Monero will probably never "explode", only slowly grow.

That would be ideal, volatility is bad for business. Although I fear once speculators catch on they'll pile in and fuck everything up. Best we can do is discourage XMR hoarding while encouraging BTC hoarding, grow our circular economy while helping the laser-eyed retards destroy theirs.

Most gambler money is in memecoins now anyway, maybe the Monero-chan token can capitalize on that and bring more attention to XMR.
>>
>>59593573
Cope harder, baggies. Bitcoin is used by Wall Street and actual governments, only narcos and pedos use this shitcoin. This is as good as it'll ever get, you'll see.

HFSP
>>
>>59593774
>narcos and pedos use this shitcoin
more of them use btc too

monero's community is too high estrogen to win, these threads and the coping within only solidify nothing has changed in the past 5 years
>>
>>59593539
>(((market cap)))
Someone with $20M and no fear of losing it could make XMR do almost anything.

It's probably just following BTC on the way up and back down again. I'll think about $300 when it breaks above 230.
>>
>>59593573
No it's not, but it's a speculatory asset listed everywhere. That's where the money is coming from. Monero doesn't have that possibility.
>>
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>>59593326
https://monerosupplies.com/product/monerochan-plush/ restock wen
>>
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>>59593539
>it would need to gain 2B marketcap.
That's not how it works kek. It depends on the ask side liquidity vs the buying pressure. If somehow there was 0 ask prices below 300, and somebody really wanted to buy XMR right now with a market buy, then the price is going to 300.
Now more likely there would be some asks around current price, but if the buy order is for a volume that's bigger than what the <300 ask side liquidity can fill, then price is going up.
And sure, whack moves that happen in low liquidity environments can get corrected later. But in the moment that move will still happen without the need for 2B.
So it depends on the ask liquidity and in certain market conditions it could get thin. It's the same shit with real estate, the house didn't magically add 500,000 in value to go from 500 to 1 million, somebody just forced a buy in a seller's market.
>>
>>59584338
What is the sui stack?
>>
>>59593918
Oi, that's super expensive. What the hell?
>>
>>59575958
fellow XMR chads
i never looked into mining and me and my father-in-law(he's on the wealthy side) want to open a mining farm in Ethiopia(not from there but got connections to leverage the cheap ass electricity there)
can anyone provide some literature or guide me to make the bets of it
we pooled around 100k
would mining XMR be profitable? besides BTC?
>>
>>59595230
I mine on my old-ish gaming computer and it's profitable on the order of 15 cents a day with a third world electricity price. I have no idea if you're going to buy the hardware new. On large scale I think AMD EPYC are the most efficient, I'm not sure.
>>
>>59593326
All sold out anon. I have a second one I might give away at some point though.
>>
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>>59595428
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>>59595465
based beyond belief kek
>>
>>59595230
Not really unless you're going to run a data center as your primary business. If you gear up for XMR you're not going to be able to mine most other crypto efficiently.
>>
>>59596047
what about both
BTC, data center(though getting clientele is going to be hard) AND monero
>>
>>59596069
BTC is totally different hardware, and you're going to put yourself in competition with guys spending fake money from Western banks. I would check whattomine and put together a basket of off-brand crypto you can mine with the same hardware if you want to invest in hardware mining.
>>
>>59595436
>>59595465
cute, CUTE! i’d love to own one.
>>
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>>59593774
>Bitcoin is used by Wall Street and actual governments,

lol no it's not. Blackrock & Co. don't actually buy BTC for themselves, they facilitate the purchase of ETFs for their clients and take a cut with zero liability, they win whatever happens.

And no governments are actually using BTC, the closest you get to that is El Salvador making BTC legal tender but this was an epic fail with pathetic adoption rates and now they're scaling even that back.

Bitcoin these days is bought for the exact same reason Fartcoin is bought - not for its (obsolete) tech, not to be used but solely for NGU. In contrast, Monero is bought primarily for its tech, to actually be used and not for NGU.

The crucial difference between the two is that over the long term BTC's (highly manipulated) price is therefore precariously sustained *solely* by current speculator's belief that they will be be able to dump their bags on future speculators, it's an article of faith while Monero's long-term price is dependably sustained by everyday people's need to continuously acquire various goods and services, its an economic imperative.

In other words, BTC lives or dies by how successfully it can continue to be shilled to a necessarily exponential number gullible fools with poor math comprehension; Monero just needs to continue being useful to a steadily-growing number of black and especially grey market consumers who want to go shopping for contraband or sub-retail bargains.

Betting on BTC is thus betting against math and history - every ponzi-like investment scheme on record has always ended in tears because the ROI math simply doesn't work, you're fucked if you're late to the party. BTC's ROI model (investors cashing out investors cashing out investors) is mathematically doomed to eventual failure and all the desperate laser-eyed baggies can do is try to distract you from this ironclad fact by hilariously insisting that EVERYTHING IS A PONZI SO IT DOESN'T MATTER LOL BUY MY BAGS
>>
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>>59593801
>more of them use btc too

Totally, it makes perfect sense.

>nothing has changed in the past 5 years

5 years ago BTC was still the dominant method of payment on DNMs. Oh how things have changed.
>>
>>59596475
>Head jannie screenshots his own posts
Confirmed high estrogen. At least you have plenty of access to darknet HRT.
>>
>>59596482

You've never actually visited Dread, huh?
>>
>>59596497
But you have lots Mr Head Jannie.
>>
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>>59596542

Sure hope the FBI isn't reading this.
>>
>>59596548
Sure hope you don't molest kids Ms Head Tranny
>>
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>>59595230
Take a lil looksie doodle at the benchmarks to find the best CPUs
https://xmrig.com/benchmark
>>
>>59597561
With her I'd become a back lot specialist as well, if you see what I mean.
>>
>>59584338
monerochan sars? why is the price action so dead again?
>>
>>59598105
The marketing phase is supposed to start this week so things should start moving soon. A lot of the jeet snipers have dumped their bags in the meantime which works out great.

Do this right and it's a win- win: we moon and Monero gets a whole lotta extra exposure.
>>
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>>59598105
Because we're all waiting for the dev to enable the bricks for us to buy a large in discounted bulk and have large amount of locked Monerochan.
After the bricks are released and we all buy one or two, then it's on to marketing.
>>
>>59598228
>>59598286
Alright, I trust you, good sirs.
>>
>>59598105
Because it has 243 holders on half a million marketcap. No one's into it except this board.
>>
>>59598286
What kind of discount are we talking about here?
>>
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>>59598464
We don't know yet, Bear hasn't disclosed it yet.
The discount will depend on the duration of the lock on the Monerochans, from 1 month to 24 months or something.
The longer the duration is, the bigger the discount.
>>
>>59598228
What kind of marketing and when can we expect the base bridge?
>>
>>59598556
>What kind of marketing
No idea, I think marketing is gay so I don't pay attention to it. You'd have to read the telegram chat I think.

>when can we expect the base bridge?
The base bridge is already up but has no liquidity. The money for buying the bricks will be used as a liquidity pool, so within a week I guess?
>>
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>>59598105
>why is the price action so dead again?
>WHERE'S MUH HECKIN MOONERINO
>>
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>>59598556
They're gonna release a Super Bowl commercial where a boomer dude gets divorce raped by his bitch ex wife and a negress judge banging the gavel. Then at the end the Monero logo saying
>Don't let this be you, visit getmonero.org
>>
>>59598488
Nice. I'd definitely be down with purchasing a 2 year brick if it gets me a nice stack, this gives me Dogecoin vibes.
>>
>>59598843
>>59598861
This isn't about xmr, ya dipshit.
>>
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>>59598900
>>
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>>59598900
Then get your OWN THREAD JACKASS. Stop stealing the shine from our name.
>>
>>59598920
kek be grateful we're here to regularly bump this thread.
>>
>>59578317
>If LTC is the "silver" to BTC "gold"
it isn't
and bitcoin isn't gold
>>
>>59578542
>once Bitcoin adds zk privacy
maybe on starknet/ zksync BTC L2
doesn't invalidate monero at all
>>
>>59582073
>electronic silver
let's not shit through our mouths
monero is way more useful and closer to money than silver
>>
>>59582828
I want mass adoption fags to jump off a bridge
>>
>>59587635
their anonset is small
it's not used in DNM for that very reason
>>
>>59597561
>https://xmrig.com/benchmark
holy blast from the past
>>
>>59599249
We haven't really had a 'silver' since the 70s. It's probably going to take a moonshot in the next 18 months though. Nice cup & handle forming on the 6 month chart.
>>
>>59599530
>>59599530
>>59599530
>>59599530
>>
>>59599284
Silver is a meme
>>
>>59599644
>>59599284
>>59599249
>>59582073
The more utility something has the less value as money. Copper has tons of utility and we don't use it as the basis for money. Silver became an industrial metal and so was demonetized.
>>
>>59598891
What's the make it stack? I'm not a memecoin enthusiast but since it's our guys running the show I'd feel a lot more comfortable getting involved. If fucking Fartcoin can hit $1 this should absolutely be able to as well given its superior memetic fundamentals.
>>
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>>59599671
If you think Monerochan can reach $1 and your make it amount is $1,000,000, then you have to buy 1,000,000 Monerochan.

Which is not a lot of money at the moment.
>>
>>59599657
Nah, they demonetized metals because the Americans forced all the developed economies to use their scrit and then cut ties to PMs. In the old days it was relative scarcity + ease of identification and divisibility. Gold, silver, and copper are very easy to cut up and distinguish from other metals.

>>59599644
It's not going to end the Fed, but it's going to perform a lot better than crypto for the next year or two.
>>
>>59596482
the fact that he's glued to the screen in these dead threads posting 1/4 of all replies for months on end says it all.
xmr tourists like him have turned monero from a bitcoin like community into an ethereum like community.
>>
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Here's your Monero-chan, anon.
>>
>>59599997
>the fact that he's glued to the screen in these dead threads posting 1/4 of all replies for months on end says it all.

Be kind, I'm an autistic pedo.

>xmr tourists like him have turned monero from a bitcoin like community into an ethereum like community.

lmao the BTC community is pure unmitigated cringe and ETH is of more use than BTC at this point.
>>
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>>59599681
>If you think Monerochan can reach $1 and your make it amount is $1,000,000, then you have to buy 1,000,000 Monerochan.

Common sense dictates that it can't be that easy, but then you remember its a clown market where retarded outcomes are the norm and the FOMO kicks in.
>>
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What's the pricing for the bricks gonna be? How much of a discount for how which locking period?
>>
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>>59575958
I'm thinking of selling. I don't know, I believe in the tech of monero, but I just don't see a world where it's allowed to exist with value, and I don't see how it moons when all the centralized exchanges with money ban it. I'd probably keep some to transact with and do shit online, but IRS is trying to get serious, and if kraken drops monero, kind of GG in the US I feel.
>>
>>59603896
>and if kraken drops monero, kind of GG in the US I feel
Monero is already delisted from all CEX in many countries, and the price wasn't impacted.

People learned to buy something else like LTC and then swap it. It's no big deal.
>>
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>>59603896
>I'm thinking of selling.

Great idea!

>I just don't see a world where it's allowed to exist with value

Allowed? lmao isn't the primary selling point of crypto that it exists and persists regardless? WTF is the point of permissioned crypto? Why would anybody ever use it over PayPal or CCs, which offer a superior UX and generous consumer protections?

There's a growing underground economy running on XMR, there are several Monerocentrix DEXs already active or on the way, there are established darknets to facilitate anonymized communication/coordination and development, there are no mining farms to target. Team Monero is easily the most prepared for a war with the State, its why we can confidently tell regulators to go suck a dick while everybody else bends the knee and hires lobbyists to beg for mercy from the State.

>and I don't see how it moons when all the centralized exchanges with money ban it.

Mooning isn't the point, XMR is a utility you can use to anonymously accumulate wealth by being productive and providing value. That said, if the circular economy keeps growing and drawing in more and more consumers all bidding for a limited number of coins, the price will obviously rise over time. Probably too slowly for your liking (until the moonfags show up) but that's what's good for business, which takes priority over your lambo fantasies. If you want moon, consider memecoins, there's a Monero-chan token on ETH now.

>I'd probably keep some to transact with and do shit online,

i.e. what crypto is actually supposed to be for.


>but IRS is trying to get serious, and if kraken drops monero, kind of GG in the US I feel.

DEXs are a there to take up the slack. Serai is going to be super user-friendly with instant swaps, as long as other coins can be acquired first XMR is just one step away.
>>
>>59604384
why did you put all these reddit spaces into this post
>>
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>>59604773
>why did you put all these reddit spaces into this post

It's a compulsion austistic pedos have.
>>
>>59604343
>People learned to buy something else like LTC and then swap it. It's no big deal.
Only reason I have LTC dust in like four different accounts
>>
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MONERO = DINERO
Checkmate, liberals
>>
Cool concept but the infinite supply ruins everything.
>>
>>59606293
The <1% yearly inflation used to reward the miners is a lot better than the atrocious BTC or ETH fees.
That's why it's basically free to send a Monero transaction. Which is great for a currency.
>>
>>59601483
>pure unmitigated cringe
is what you've done to these threads.
>>
The feds are attacking my onion address for my monero node with HSDirSniper because they want it delisted from monero.fail lmao. If you’re reading this please realize its just a joke, don’t take it too seriously.
>>
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>>59606293
No it doesn't.
https://www.getmonero.org/get-started/faq/#max-supply
>What is Monero's maximum supply?
>Monero has a fixed emission rate, not a set maximum supply. Around May 2022, Monero's emission will drop to and permanently remain at 0.3 XMR per minute (0.6 XMR per block). This is approximately 1% inflation for the first year and will approach 0% inflation in future years. This tail emission allows for permanent incentives to secure Monero, even in the far future, while keeping inflation at a very low percent.
>Why does Monero not have a maximum supply?
>Miners process transactions on the Monero network by mining blocks. The miner of a block is paid the constant block reward of .6 XMR, and the transaction fees of the users who have transactions in that block. Monero has the block reward rather than relying solely on the transaction fees to give the miners incentive to keep securing the network with their hashrate, and keep transaction fees low. The tail emission caused by this constant block reward creates an inflation rate of less than 1% which trends towards 0% over time. The fixed emission of the currency ensures human corruption cannot over inflate the supply. Keeping the network predictable, decentralized, and secure.
How do you like THEM apples, soiboi?
>>
Where or how can I get Monero in EU now? Thanks
>>
>>59607587
>Where or how can I get Monero in EU now? Thanks
Easy: Get any other cryptocurrency either on a Centralized Exchange or on a direct buy with a credit card. LTC is a good one. Then simply swap the LTC for XMR on Trocador.
Hard: Install Reto Swap and buy XMR from someone else via P2P.

See this image: >>59586716
>>
>>59607587
For a centralized exchange, I recommend Kraken.
For a direct buy with a credit card, I recommend Cake Wallet.
>>
>>59607900
You can also use Ltc mimble wimble transaction before swapping into XMR. Cake wallet supports it.
>>
>>59606293
Supply is capped at 0.3 XMR/minute
>>
I'm Satoshi
>>
>>59607900
>Then simply swap the LTC for XMR on Trocador
Thanks, I will try it
>>59607908
>Kraken
I was using Kraken before EU banned Monero. Kraken just converted XMR I had to BTC, since they can’t list it anymore if they want to operate in Europe.
>>
I sold at $197, I might have some temporary regrets. Those insane December drops shook me off.
At least I'll shuffle stock to crypto (has impeccable relative upside) when we hit despair levels at some point in six months to two years. (Bitcoin Bull Run Index (CBBI) has to fall below 20 to start my fast pace DCA).
That time around, I'm going 76%btc/10%xmr/10%alts/4%memes. Instead of 100% XMR

Or is anybody able to refute and claim that the demand isn't going to be just a temporary trend? Have times really changed for crypto?
>>
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>3294879 blocks remaining
How do I speed this shit up next time
>>
Does XMR have any legitimate competitors in the privacy coin market?

I know this place is biased, but if Monero died tomorrow, what is the next best option.
>>
>>59611407
Its open Source run your own network
>>
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>>59611407
>but if Monero died tomorrow
It can't be killed. Do you understand what decentralized means?
Anyways zcash is ASS, dero is a meme. BTC is a public ledger. So no alternatives.
>>
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>>59610460
>good for you
no one cares you sold and are diversifying in the clown world scam machine known as crypto
your plan is retarded if you are going away from only xmr why do anything other than btc
>number goes up
the demand for xmr is likely not going to have a severe drop for the next four years. OPEN YOUR FUCKING EYES. President TDawg is an ego maniac. BTC RESERVES. LIKELY WE WILL ALSO SEE A US DIGITAL CURRENCY. Trump cannot pass up an oprrotunity to be forever linked to the new US currency. all of this will only increase the need for XMR and it's usage. USE YOUR FUCKING BRAIN. anyways, this is just for the next four years. After Trump who knows we will probably see a drop. But until then we only go up and crab.
>>
>>59610460
>At least I'll shuffle stock to crypto

Niggawut? You're supposed to do it the other way around: ponzi profits from clown market -> sound market stocks -> sleep like a baby
>>
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>>59611407
>Does XMR have any legitimate competitors in the privacy coin market?

If they existed you'd see them being used on DNMs. So no.

The tech is sound and thoroughly audited while Team Monero has been preparing to go to war with Uncle Sam & Friends since day one, we ain't going anywhere.
>>
>>59611407
There aren't any 100% replacements, so you'd see people move in several directions depending on their risk tolerance. I don't see any also ran privacy memes taking off outside a surprise quantum doomsday scenario, and even then not for long because the underlying ledgers are total shit.
>>
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>>59611111
Nice digits, friend.
>>
>>59609084
>I was using Kraken before EU banned Monero. Kraken just converted XMR I had to BTC, since they can’t list it anymore if they want to operate in Europe.
Yes, and you can still use Kraken. Get BTC or LTC instead of Monero, and swap that BTC/LTC on Trocador for XMR.

It just adds another step. No big deal.
>>
>>59611407
>Does XMR have any legitimate competitors in the privacy coin market?
No. That's why XMR is the only currency trusted by criminals (see Dread).

>I know this place is biased, but if Monero died tomorrow, what is the next best option.
Good question... The issue is that NONE of the other options have been field tested. I think LitecoinMW has a good chance of working.

I could see DNMs starting to accept it.
>>
Can't validate the supply? Can't prove there isn't an inflation bug? Into the trash it goes.
>>
>>59613613
>Can't validate the supply?
The amount mined is public to validate supply.
>Can't prove there isn't an inflation bug?
You can't prove this for any crypto.
>>
I WANT TO GET A MINING RIG. I DON'T CARE ABOUT ELECTRICITY, I GOT THAT SHIT FOR FREE. JUST GIVE ME SYSTEM THAT'S GOOD FOR MINING. AROUND 2K-5K
>>
>>59613727
https://www.reddit.com/r/MoneroMining/

The short answer is to get the best Ryzen you can get. They're the best miners.
>>
>>59611407
There is no second best.
>>
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>>59584338
>>
>>59614356
What is this anon, Monerchan has a token now??
>>
>cash by mail is le good!
>cash sent
>"yes, I will 100% transfer the coins once I get the money"
>a week later
>"no I never received the money" (lie)
How can you fall for such a scam??
>>
>>59614495
See >>59584338
>>
>>59614524
Works fine in a high trust society.
>>
>>59614524
Sellers that do that don't have good reviews on their profile and don't last long on the platform.
Those that have done cash by mail for a long time and have great reviews on LocalMonero or RetoSwap can be trusted. If you only rely on them you're not taking a big risk.

And often the mediation team can help too.
>>
>>59586506
buy an ad
>>
>>59613461
>LitecoinMW
Google gives the search results for bitcoin, hilarious
>>
>>59575958
Highest price since the may 2022 collapse reached
>>
>>59615468
it's fucking over, how am i supposed to accumulate
>>
XMRbros... how we feelin
>>
>>59611111
>>59613111
Holy digits
Monero blessed
$1,111 incoming
>>
$230 wtf is going on?
>>
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>>59616762
>$230 wtf is going on?

The 'Ndrangheta is loading up to buy another shipment of Colombian blow.
>>
poompa
>>
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>Come with me anon, I don't have time to explain.
>>
When is the best time to buy more Monero?
>>
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>>59575958
why would anyone invest in a chart like this?

monero is a stablecoin but it's an actually useful currency for criminals. and that's fine. but buying this coin for speculatory purposes is just retarded. it won't go up in value
>>
>>59618354
>he doesn't know what happens every time casablanca flushes the toilet
>>
>>59616252
>XMRbros... how we feelin
Meh, it's climbing at the same time as BTC, meaning that when BTC will go back down, so will XMR.
It's only speculation bullrun money. It won't last.

If you sell now you can buy back at 200.
>>
>>59618354
>an actually useful currency
>it won't go up in value

Gentlemen, this is idiocracy manifest.
>>
>>59618354
It wont. Until it does.
Once normies realise btc and other cryptos are useless junk theyll crash, so will.XMR then when money next floods back into crypto when Chinese have to get their money out it will go into XMR and it will 10x.
>>
>>59618502
because the dollar you use every day keeps skyrocketing in value, huh?
>>
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>>59618542

Pretty much. Sanity *always* eventually returns to irrational markets, and when it does only the genuinely worthy survive.

>Tipper and See-Saw Time (Holy Roman Empire) (1621)
>Tulip mania (Dutch) (1634–1637)
>South Sea Company (British) (1720)
>Mississippi Company (France) (1720)
>Canal Mania (UK) (1790s–1810s)
>Panic of 1819 (US) (1815–1818)
>Panic of 1837 (1834–1837) (US)
>Railway Mania (UK) (1840s)
>Panic of 1857
>Melbourne Australia land and real estate bubble (1883–1889, crash in 1890–91)
>Encilhamento ("Mounting") (Brazil) (1886–1892)
>US farm bubble and crisis (1914–1918, crash 1919–1920)
>Roaring Twenties stock-market bubble (US) (1921–1929)
>Florida speculative building bubble (US)(1922–1926)
>Poseidon bubble (Australia) (1969–1970)
>Gold and Silver bubble (1976–1980)
>Silver Thursday 1980
>U.S Dollar Index bubble (1983-1985)
>Comic book speculation bubble (1985-1993)
>The dot-com bubble (US) (1995–2000)
>Japanese asset price bubble (1986–1991)
>1997 Asian financial crisis (1997)
>United States housing bubble (US) (2002–2006)
>China stock and property bubble (China) (2003–2007)
>The 2000s commodity bubbles (2002–2008)
>Uranium bubble of 2007
>Rhodium bubble of 2008 (increase from $500/oz to $9000/oz in July 2008, then down to $1000/oz in January 2009)
>Cryptocurrency bubble (2016 – )
>>
>>59618605
>because the dollar you use every day keeps skyrocketing in value, huh?

If demand outstripped supply, it would.
>>
>>59618614
which it clearly does not for monero
>>
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>>59618618
>which it clearly does not for monero

Given the impressive proliferation of black and grey markets in recent years, we're expecting it eventually will.
>>
>>59599284
Hahaha cup and handle. What a dumb cunt.
>>
>>59618736
I bet you always lose money because the market is rigged.
>>
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>>59618846
>KMS id
Kek. No don't do it fren
>>
>>59616762
>>59616789
It's a typical clown market low liquidity alt fueled by privacy memes, delayed promises, and coomers
>>
May or may not have just bought more
>>
>>59613986
>r/MoneroMining FAQ
>now I actually lose money from mining
>you'll lose money from mining
>it's probably not worth buying any equipment to mine monero
>The only exception is if you have (((free))) energy
Lmao, what a clownshow
>>
Am I crazy or is Monero the one true coin? Everything else seems like a shameless money grab, even Bitcoin. This is so obviously going to see wider adoption as "alternative" shopping hubs become more accessible to normies. Who doesn't love scoring a grey market bargain?
>>
>>59619728
i do have ((free)) energy tho, i'm renting a place to some woodworkers and make them pay for the energy bill along with the rent
>>
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>>59619728
Yeah unfortunately because of a few countries that basically have free electricity (foreign aid and tax-paid energy), the competition for mining is fucked.

Personally I only mine in the winter anymore, it acts as a heater that costs less than turning on the AC since I get partial cashback with Monero mining.

>>59621141
>my free energy is stealing from people
Yeah..
>>
>>59620005
>Am I crazy or is Monero the one true coin?
That's what most of us believe, yes.
It's currently the only widespread coin that meets the criteria for a CryptoCurrency, that is Private Digital Money.

But because of it not being a pyramid scheme and being delisted by states that hate it (for good reasons), it doesn't "go to the moon" like some other tokens.
>>
>>59618846
Nah Im doing pretty well mate. See my trading account vs market for shares. My highest returns are from property development.
That technical analysis is retarded dont waste your time.



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