/biz/ - Business & Finance

>>49615961
>what part of jew coin disguised as not a jew coin do you not understand?
Imagine not knowing that monero is actually a fork of bitmonero which is a fork of bytecoin which was a eastern european scam organized by oligarchs who funded the brightest cryptographers in russia to come up with cryptonote which uses sound, vetted cryptography
LMAO NGMI SON
LURK MOAR

>>30405559
>When the option is available devs will implement these privacy features whether atonoplis likes it or not.

*Bitcoin expert Andreas Antonopolous is wrong about Bitcoin*

No ring signatures, ringCT and stealth addresses = not comparable to Monero. Anybody telling you otherwise is lying or delusional.


>It's not a privacy coin. It's just the best crypto with the best privacy features.

It's privacy is so shitty its getting replaced by Monero wherever fundamentals matter. Pic related.


>Not a protocol issue.

Transparent public ledger

>>30371386
>don't pick a fight with btc btw you will lose. just try to hide in it's shadow like before...

Read it and weep, Pedro

>>30349811
>BTC is highest valued coin.
>BTC is most established coin.
>BTC has longest track record of performance.
>BTC has most natural, organic distribution.
>BTC has first mover advantage.

BTC fails to compete where fundamentals matter. All it has going for it now is hype, ignorance and I-Was-Here-First!

>>30294268
>but you don't have to and you shouldn't.

....and that's how something like this happens:

>FBI traced Bitcoin Transactions to a dark web vendor’s apartment

"Reid did not mix his bitcoins and the Bitcoin addresses sent from the vendor to FBI agents provided law enforcement with everything they needed to identify him. FBI Special Agent Ellis, previously investigated money laundering with the Secret Service, provided a simple analysis of the Bitcoin transactions that ultimately led to Reid’s identification and arrest."

https://darkweblive.net/fbi-traced-bitcoin-transactions-to-a-dark-web-vendors-apartment/

And now you know why Monero is replacing Bitcoin on the darknet and everywhere else where privacy and fungibility are paramount. Pic related.

>>30239382
>What will not happen, ever, is Bitcoin slowly and peacefully getting replaced by Monero.

Oh yeah?

>>30240167
>ITT latecoiners hoping to replicate bitcoin's success

It's already happening, buddy.

>>30185471

Because Bitcoin can't compete where fundamentals i.e. privacy & fungibility matter.

>>30145250
>why doesnt monero give as good returns as bitcoin?

Currently, because its not a speculative bubble like Bitcoin and has actual utility as currency in black markets.

>>29769968

>>29770866
>everything is fast when nobody uses it.

>literally replacing BTC where fundamentals matter
>"nobody uses it"

Friendly reminder that Bitcoin can't actually compete with the newer generation of coins and is currently being replaced by Monero on the darknet.

>>29517432
>12-year old record. Bitcoin has been running for 12 years and it hasn't. Fucking. Failed.

It's failing to keep its hold on the darknet and basically anywhere where fundamentals matter and is currently being replaced by Monero.

>>29379285
replace XRP with XMR and your post makes sense. Its tech is superior to Bitcoin in every aspect.

>>29369178
>Monero could get ditched.
>The only coin guaranteed to persist is BTC, BSV, and BCH.

Bitcoin is getting ditched in favor of Monero where fundamentals matter.

>>29362197
Monero. It's literally the only crypto currency that isn't a shitcoin.

>>29312305
>Gee, the amount of mental arobatics that guy has to do - at some point it has to become obvious that xmr is better

Emotional investment is a helluva drug. While they've been busy jerking each other off about Bitcoin's superiority Monero has quietly been displacing it from the darknet, and it won't stop there.

>>29302217
>So you are saying there is a chance to Monero conc out bitcoin?

Monero is definitely displacing Bitcoin where fundamentals matter.

>>29248027
>Can any of you send screenshots from these darknet sites where they accept XMR I don't wanna take a look at myself because of the alphabet boys

You can only access the darknet via Tor, so I wouldn't worry too much about it.

Anyway, pic related.

>>29221520
>Give me the hopium XMR/BTC looks so fucking bad now

Monero consistently displaces Bitcoin where fundamentals matter. In time, fundamentals will start to matter more and more in more and more sectors. Its really just a waiting game now.

>>29145609
>buying any sort of drugs including weed gets you in jail here.

Its the same everywhere, basically. Thats why the vendors of good repute know how to seal up their packages properly to avoid detection, and otherwise the sheer volume of traffic affords buyers a reasonable degree of safety in numbers.

The cops aren't likely to bust low-level users, its not worth their time.

>is this the only coin darknet markets accept for now or does it have competition?

Bitcoin still currently has over 50% market share but that is steadily dropping, remember that it used to be 100%. And now that the largest DNM has gone Monero-only its setting the standard for others. Pic related.

Another was of confirming this is by popping over to r/darknet, the veterans there reaaaaaaally dislike Bitcoin and discourage its use on the DNM, whenever the question is posed the answer is always: "USE MONERO!!!"

>>29135772
>I truly believe Monero has a true shot of displacing bitcoin

If Monero can displace Bitcoin on the darknet based on fundamentals then there's no reason why it couldn't eventually displace Bitcoin on the clearnet based on fundamentals, its just a question of WHEN fundamentals will start to matter more than hype.

Because when you take away all the hype and hot air, what is actually left to prop BTC up?

>>29078003

>>29058078
>monero is the only accepted coin on the white house market, which is the biggest on the dark web, if i recall correctly

Correct.