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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
>>
>>59663172
I wish to have sexual intercourse with monerochan
>>
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PREVIOUS THREAD: >>59575958
>>
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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.
>>
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>>59662814
>>check out bisq
>>must have bitcoin to buy bitcoin
>>1k EUR minimum offer
>
>>check out bisq2
>>50 offers total
>>1 is online
>>20% over the market price + tip
>
>Yeah, DEXes really are flourishing lmao

Bisq? Nigga, we've moved on to Retoswap.

https://retoswap.com/
>>
>>59662993
>Monero kinda better than $Trump or $Melania, just got rugged damn

You bought those shitcoins expecting to not get rugged? mon Dieu, you wetbrains should wear a sign.

If you're going to buy a fucking memecoin maybe buy the one being developed by our guys, at least it gives XMR added exposure.
>>
>>59663285
dump the price back to .0005 and I'll put all my eth in
>>
Can you still swap LTC to XMR on cake wallet? what are the fees like and is it safe?
>>
>>59663172

With monero if liquidity is a problem, how will it ever be mainstream, especially if its banned in several exchanges. It hasnt really pumped the last few bull runs, Its been flucutating around the same price range.Do you ever expect it to hit, $30,000?
>>
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>>59663752
>dump the price back to .0005 and I'll put all my eth in

Damn, its going back up.
>>
>>59664128
>Can you still swap LTC to XMR on cake wallet? what are the fees like and is it safe?

Yes, fees are bearable if you're not a from the turd world, and yeah.
>>
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>>59664144
>With monero if liquidity is a problem, how will it ever be mainstream, especially if its banned in several exchanges.

DEXs are the way forward, just a matter of building up liquidity. And lol crypto will never be mainstream, that's just wishful thinking and marketing. Outside of the counter-economy, nobody actually uses or needs crypto.

>It hasnt really pumped the last few bull runs

Nothing has pumped organically, this market is an unmitigated clown show, its all smoke, mirrors and FOMO. And stupidity, copious amounts of utter stupidity.

>Its been flucutating around the same price range.Do you ever expect it to hit, $30,000?

No, its expected to eventually drop back down to $30 and stay there forever, XMR truly is a terrible investment and you shouldn't put a single cent into it.

BTC, on the other hand, is going up forever, it's guaranteed to hit $1 million by the end of the decade. And all you need to do is buy and hold, acquiring generational wealth is literally that easy.

Don't forget about us when you make it!
>>
>>59664629
Nice how you pivoted from "Bitcoin will never hit 100k it's going to implode" to a smarmy r/buttcoin-tier "HODL GUYS WAGMI!"
>>
>>59664629
Thank you for explaining about the dex, and also yes the market is a clown show I guess the trump coin proved that recently. I’m not sure if the $30 thing is sarcasm or BTC hitting one million but you’ve convinced me to buy one monero at least. Just to hold onto , it might come in value when privacy is big.
>>
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>>59664947
Just one?
>>
Any monerochan updates or news?
>>
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>>59664864
>Bitcoin will never hit 100k

Mea culpa, who could have foreseen that Tether would print a record $25 billion USDT totally not out of thin air in the space of just 40 days???


>it's going to implode"

Oh it will, BTC's implosion is 100% guaranteed by its ROI math. BTC became a ponzi scheme once investor liquidity displaced non-investor liquidity, virtually everybody buying BTC now expects exponential returns. Good luck making that math work.


>a smarmy r/buttcoin-tier "HODL GUYS WAGMI!"

lol read between the lines, genius.
>>
>>59664947
>I’m not sure if the $30 thing is sarcasm or BTC hitting one million but you’ve convinced me to buy one monero at least.

Just spend it on weed or something.
>>
>>59665087
Bricks are set for deployment, marketing phase about to kick off.
>>
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Reporting in

##################################
Education - https://pastebin.com/V0SFR8qU
Mining - https://pastebin.com/Rd1V8P5L
Nodes - https://pastebin.com/j6Vv2Xn6
##################################
>>
>>59665307
please hit half a billy cap and make me a 100k
>>
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>>59665934
she has the potential
>>
>>59666118
Unironically, if the devs make swapping into XMR and getting it on the eth L2 a priority it could be the easiest way of buying Monero
>>
>>59663172
pedo coin
>>
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>>59666146
exactly, this is not a simple meme, far from it
>>
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>>59663207
That extreme spacing, those unnecessary double linebreaks, looks really bad. Tighten that post up.
>>
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>>59666483
although looking at my suicidal stack compared to the other monero memecoin shows I'll only have enough for coke, prawns & rope
>>
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>>59666146
>>Unironically, if the devs make swapping into XMR and getting it on the eth L2 a priority it could be the easiest way of buying Monero

This crossed my mind too. Already being a Monero-branded token makes it perfect for that usecase, its very intuitive for n00bs: buy and swap the Monero girl for the actual Monero coin.

I was initially skeptical about all this but given how retarded things are getting I'm like fuck it, let's exploit this memecoin craze to further boost Monero's profile. Just be sure to dump some of those SICK GAINZ into the counter-economy to stimulate and keep it growing so that the rest of us can benefit down the line.
>>
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>>59666160
>pedo coin

Problem?
>>
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Zashi Zcash wallet downloads by country.
>>
>>59666938
Yeah agree we are entering clown market phase of the bull run. When can we swap Monerochan for XMR or is it later on the roadmap?
>>
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>>59667490
>When can we swap Monerochan for XMR or is it later on the roadmap?

From what I understand, current swaps are unidirectional (XMR -> ETH) but the hope is to make them omnidirectional at some point, possibly by leveraging the XMR<->ETH swaps tech already developed by Miss Elizabeth.
>>
Ross is free. What are the financial implications for XMR?
>>
>>59667659
>Ross is free. What are the financial implications for XMR?

Interesting question. Plenty of crypto communities will be vying for his endorsement, Team BTC is fully expecting he's going to be /theirguy/ now.

But by default he should be /ourguy/ now considering how synonymous Monero and the darknet have become since he went away. Ross was always very vocal about his agorist beliefs so I find it difficult to imagine he's going to align himself with the side that sold out the anti-authoritarian ideals that inspired him in favor of courting the very government that gave him 2 life sentences for killing nobody.

>Eventually I found something I could agree with whole heartedly. Something that made sense, was simple, elegant and consistent in all cases. I'm talking about the Austrian Economic theory, voluntaryism, anarcho-capitalism, agorism etc. espoused by the likes of Mises and Rothbard before their deaths, and Salerno and Rockwell today.

Then again, he might just decide to go the memecoin route and endorse $REALROSS to cash in his 15 minutes of fame. Wait and see.
>>
>>59667842
He shouldn't need to cash in his reputation because he probably has a billion dollars worth of BTC somewhere. He's probably itching to get some of that stack into XMR for the privacy.
>>
>>59668030
Hold on, you're sure the feds didn't confiscate everything? Like a personal wallet?
The implications would be insane as XMR is only $4b. Plus the media attention.
>>
btw he only needs 38.1k btc to purchase all of xmr (if it were for sale at current price)
Best positive white swan event, although this is wishful thinking
>>
>>59668048
Idk just guessing. Surely he has at least some BTC stashed.

>>59668214
Monero's white swan is inevitable in my mind. This or something else. There is so much potential upside and so little downside now.
>>
Ross is free which scientifically means Monero is going to $500.
>>
Thank you Satoshi for giving us Monero, fuck you for not making the normalshitters understand
>>
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>>59668030
>>59668048

Well, it seems that his known stash of 144K BTC is long gone:

>The federal government ultimately auctioned off Ulbricht’s bitcoin.
https://protos.com/how-much-bitcoin-will-ross-ulbricht-have-if-trump-sets-him-free/

However, he could well have had another secret stash. If so, it's going to be one of the dormant-since-2013 whale wallets on the BTC rich list. Since all such wallets are under 24/7 surveillance, we'll be alerted if one of them suddenly wakes up.

So assuming he does have access to such a stash, what's the rational play for Ross? He obviously can't set up a Binance account and start cashing out the proceeds of crime directly, it's likely all his KYC'd crypto dealings will be VERY closely scrutinized for any hint of dirty money. So CEXs are off the table.

Meaning he has no other option than to take the DEX route to break the paper trail, which virtually guarantees he'll be looking to swap into an untraceable currency -> Monero.

And then it becomes a question of XMR liquidity and who the fuck is willing to accept potentially tainted/red-flagged BTC that may very well get seized if it ever touches a KYC'd platform?

Either way, Ross would learn a very poignant lesson about the significance of fungibility and why BTC is an obsolete shitcoin that lacks it.
>>
>>59668030
>>59668048
>>59668214
>>59668412
>>59668568
You guys are sad. The second Ross gets pardoned you start slobbering over the hope of him buying your bags.
>>
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>>59668595
>how dare you
spare us
>>
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>>59668595
>You guys are sad. The second Ross gets pardoned you start slobbering over the hope of him buying your bags.

Who's slobbering? It's called "discussing a potential scenario", faggot. Such a high-profile event would significantly boost Monero's credibility while highlighting one of Bitcoin's most glaring weaknesses before a global audience, its impossible not to wonder.

Stay salty.
>>
>>59668595
This is a /biz/ (business & finance) board.
The ideological talk can go elsewhere.

Btw I don't have bags as I already sold 98% this cycle. I'll reenter in XMR with leverage if Ross actually has noteworthy amounts of ancient btc left, which I currently highly doubt.
>>
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>>59668748
>The ideological talk can go elsewhere.

First time here?
>>
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Looks like Tether might be forced to submit to a full audit to account for all reserves or face delisting.

>Coinbase CEO: Future stablecoin regs likely to demand full US Treasury backing

He singled out stablecoin issuer Tether as one company that could face the brunt of new legislation. Armstrong said Coinbase would delist USDT if Tether could not comply with any new US legislation.

As Cointelegraph reported, Coinbase moved to delist USDT and other noncompliant stablecoins in Europe in anticipation of the Markets in Crypto-Assets Regulation (MiCA).

https://cointelegraph.com/news/coinbase-ceo-stablecoin-regs-full-treasury-backing
>>
>>59668568
Why would the bitcoin be dirty, when he’s been fully pardoned?
>>
>>59669003
>Why would the bitcoin be dirty, when he’s been fully pardoned?

>a pardon doesn’t erase a conviction.
https://www.brookings.edu/articles/presidential-pardons-settled-law-unsettled-issues-and-a-downside-for-trump/

The conviction itself still stands so therefore that BTC remains the proceeds of crime and is subject to seizure.
>>
>>59668274
What is the monero white swan event you think will happen, anon.
>>
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>>59669160
The equivalent of alphabay picking it up in 2016. It's ripe for someone or some organisation with money and clout to get behind it. It is also perfectly positioned for the inevitable pendulum swing back from memecoin insanity. The president and his wife running memecoin pump and dumps is a top signal, a top signal for memecoin degeneracy. There's nowhere to go from there, it's the end of the line for substanceless ponzis. Probably all the markets in the world are about to collapse including crypto but Monero is perfectly positioned to lead the next crypto bull market, potentially unaccompanied.
>>
what happened to the monerochan threads? did they rug already?
>>
>>59669344
advertising isn't allowed
>>
>>59667659
If I was that dude I would never touch a computer again
>>
>>59667659
Still trending to zero against bitcoin. xmr baggies coping hard, ross has always been a bitcoin supporter and will continue being one thanks to coin join and lightning. we have no need for your bloated token, buh bye.
>>
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>>59669398
Musk will give him a job at X.
>>
I'm Satoshi
>>
>>59666938
>>59669277
I own 0 crypto and know very little about it but how are there people who still fall for these?
also isn't the point of crypto to have decentralized money, why would you want the owner of that money to be a state or someone with connections to a state?
>>
>>59671089
Cunt >>59668502
>>
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>>59669377
>advertising isn't allowed
>on /biz/
have jannies seen 3/4 of the catalog or do they just hang out in the offtopic threads?
>>
>>59671576
Big words kiddo bet you'd never dare to say that to me on-chain
>>
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>>59669277
>The president and his wife running memecoin pump and dumps is a top signal, a top signal for memecoin degeneracy. There's nowhere to go from there, it's the end of the line for substanceless ponzis. Probably all the markets in the world are about to collapse including crypto but Monero is perfectly positioned to lead the next crypto bull market, potentially unaccompanied.

Checked. Why should there be another crypto bull market given the current state of affairs? Crypto's reputation and relevance is on the cusp of a death spiral, nobody outside the echo chamber cares or pays attention anymore, the mainstream population is largely blackpilled at this point. We might get a couple more years on the strength of a laissez-faire Trump presidency but this is still a numbers game and ultimately the math will break down. So place your final bets NOW, gentlemen.

Monero, however, should be fine, it's in a class of its own since most of the demand for XMR is coming from outside the clown market, meaning we're not going to take as big of a hit as everything else once this entire rotten shitshow finally implodes. And when that happens expect these Generals to be flooded with desperate cryptotards begging for XMR swaps, as if anybody here would gladly exchange the counter-economy's digital reserve currency for a rapidly depreciating ponzi token, BTC included.
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>>59671275
>how are there people who still fall for these?

Crypto investors are legitimate morons. And their stupidity is matched only by their insatiable greed.

>also isn't the point of crypto to have decentralized money, why would you want the owner of that money to be a state or someone with connections to a state?

Exactly. But ideology went on the back burner many years ago, its all a cash grab now.
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>>59669344
we were targeted by the censor jannies. They're too gay to adore her beauty
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Latest sales stats for MyNymBox.
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What's the point of the travel rule bullshit? What stops me from withdrawing to my verified wallet and immediately swapping to XMR? Do they plan to enforce the same shit for all exchanges in existence?
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>>59673967
You will own nothing and be happy.



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