/biz/ - Business & Finance

>>11561584
Yeah it sure changed the crypto space forever with its year-long hidden mining on the network, multiple critical bugs, and outdated-in-one-year technology. Dero's bulletproofs are 10x faster, its BlockDAG structure is more efficient, and it's private smart contracts will be the first of their kind and will allow massive scalability and usability to the real world.

Monero is the Sears of cyptocurrency -- big right now but will die in the next year or two due to an inability to adapt to an ever-changing world.

>>11561584
nice for buying Chinese slaves off the darkweb

>>11561596
Pajeet, pls.

>>11561596
You know that bulletproof code that you copy pasted from Monero's github before they finished having it professionally audited has been live on the Monero network for over a week now.

No one cares about monero.

>>11562121
You will care about monero as soon as chain analysis taints a fuckton of bitcoins (yours maybe) and starts leading to arrests.

Stolen from India, brought to England
Said he was shitting on arrival
Shilling for survival
Said he was a Pajeet Soldier
Win the war for India
Said he was a, poo pee pee, poo poo pee pee
poo pee pee pe, pee pee poo pee, poo pee pee
poo pee pee poo poo pee pee
Woe pee pee yo, yo yo poo yo poo yo pee
Pajeet Soldier, Shittin' through the land woo ooh
Said he wanna ran, then you wanna hand
Shittin' through the land, yea, yea
Said he was a Pajeet Soldier
Win the war for India
Pajeet Soldier, Shitstained Rasta
Shittin on arrival, Shilling for survival
Driven from Dubai
To the heart of the Manchester
Singing, poo peeyoy, poo poo peeyoy
Woe peepeeyo, yo yo woy yo woy yo yoy
Woy peeyoy, woy woy peeyoy
Woy peepeeyo, yo yo poo yo poo yo yoy
Troddin' through London
In the arms of India
Troddin' through Scotland, a Pajeet Soldier
Shittin on arrival, Shillin for survival
Pajeet Soldier, shitstained Rasta
Woe pee pee, poo poo pee pee
Woe pee yeo yo, yo yo poo yo poo yo peeyoeee

>>11562158
as oppose to every single fucking monero coin being tainted

Read the monero developer forums. Monero is obviously being designed for criminal use.

A simple Bitcoin wallet that automatically splits your balance into several random amounts is all you need for privacy. You can't prove how much I own. Also, its not like Bitcoin has your name attached to it.

Monero is fucking overkill and its clearly being developed to only benefit criminals and terrorists so they can blow up children.

>>11562274
>privacy is overkill
i bet you hate cash aswell
kill yourself

>>11562274
That’s literally the same thing people said about Bitcoin. Kys if you think that crypto is about anything but anonymity. Almost anything else can be done better with a centralized system except for keeping 100% anonymous.

>>11562274
You're a brainlet. The point is that it's impossible for one monero coin to be tainted more than others. Study and understand 'fungibility'

>buh buh but terrorists
kys desu

>>11562004
You know that Dero's bulletproofs have been out since July, right?

Retard.

>>11561584
Let's see how long that lasts.

>>11561584
god, im getting tired of dero pajeets. SAGE

>>11561596
>>11562799
>10% premine
>ASIC mined
>closed source

LMAO

How many XMR to make it?
Currently planning on 10 by years end

>>11562941
even the most delusional, outlandish estimates are like ~40k$ per XMR very longterm
realistically 1000 or more

>>11561616
Why would one buy chinese slaves wtf

It can easily be labelled a drug asset and banned entyerly or the white web.

>>11563099
No, it can not. You are ignorant.

>>11562859
>10% premine
Locked.

>ASIC mined
So? Get with the times old man.

>closed source
Source code's been out and reviewed. Garbage copypasta FUD.

>>11562274
Privacy coins are early right now, but they're 2 steps ahead. If BTC or whatever will be in mainstream, all transactions will be monitored and if your wallet has money from 'illegal' sources, that money will be useless.
But people will get used to using wallets and will eventually start using a privacy coin where you can't track anything. Governments can suck it, they have to bend the knee for individuals, not the other way around.

>>11563133
Rakeesh, go create your own thread, stop shilling in monero ones.

>>11563169
>that money will be useless
uhhh sorry sir, looks like your satoshis are marked as illegal, I'm not gonna be able to accept these

>>11563180
It's afraid.

>>11563118
It can lol, because of the mixing and hiding coins it can taint the hole chain.

>>11563225
You know what, i would even buy some dero, but shills like you scare me away. I have seen many scams, and dero is clearly one.
>>11563237
As I said you are ignorant, lurk more.

>>11563237
your mom can taint my whole cock

>>11563099
>or the white web.
>>11563237
>it can taint the hole chain.

what did he mean by this?

>>11563262
>>11563268
Wind arguments you got there, enjoy your ussles CP coin

>>11563282
thx i will, and none of your shilling will keep me from doing so
bye now

>>11562859
>>ASIC mined
literally doesnt matter since it cant be 51% attacked anyway

>>11563299
This and checked.

>>11563289
It's just a friendly warning , if you don't understand what shilling means no wonder you can't phantom what I'm saying

>>11563381
Name one legit BTC coinmixer, fren.

>>11563225
Also stop stealing the shitty bcash memes.

>>11563394
Bitcoin blender

>>11563133
>Locked.
WTF? It doesn't matter, it's a fucking 10% premine. Monero has 0.

So? Get with the times old man.
Do you really think ASICs are good? Jesus...

>Source code's been out and reviewed.
So? It doesn't matter anymore. It remained closed for months. Only brainlets take this seriously now.

>>11563299
Enjoy being controlled by Bitmain. Enjoy also the shitty and unfair coin distribution.

>>11563550
>Enjoy being controlled by Bitmain. Enjoy also the shitty and unfair coin distribution.
are you fucking retarded or what? it cant be 51% attacked so asics dont matter and bitmain isnt "controlling" anything kys. do you even know why asics are bad or do you just repeat shit you hear other people say.

>>11563573
He's just retarded. He keeps spouting the same "muh asics" and "muh closed source unforgivable tragedy in crypto" lines over and over again like the NPC he is.

>>11563207
What is so hard to comprehend?
If your business accepts that 'dirty' money, government will shut you down.
You need a mechanism to lose trace.

>>11561584
monero doesnt really need a thread like that
it will be king anways
its nice for newbies to know tho i guess

>>11562004
You know the code monero copy pasted from? You better know... if not just google how to create a coin in less then 10min and there you go

>>11563656
This leave xmr in the dark where it belongs. /biz/ is for shilling and losing money not making money.

>>11561584
If my free game on steam has a Monero miner on it that only utilizes 10% of CPU power, can it ever be found out? I can route the packets to my own servers before sending them to an actual pool.

>>11563617
>>11563573
normal people cant even mine it. I can mine Monero with my fucking ryzen at a profit. That's what decentralization looks like retard.
Enjoy Jihan dumping on you.

>>11563661
Lol, filthy street shitter, I do know the coin Monero forked from. You should too since Dero is another descendant of sorts (with severe retardation). Guessing you don't though since that google search will not get you there.

>>11564730
Maybe. Try it. Use more than 10% though. It's a game people expect it to be using resources.

>>11564756
>t. brainlet that doesnt even know what decentralisation means

>>11565058
for you it obviously means you sucking Jihans cock & letting him dump all Pajeedero on you.

>>11561596

DERO SHILL KILL YOURSELF!!!!!!

>>11562811

THIS. Adding dero scammers to my filter

>>11562941

Try to get 100 sir, but 1000’would be best case scenario like other anon said

Sirs, pls consider Dero. Top investment very good coin. Make you rich.

>>11562274
>A simple Bitcoin wallet that automatically splits your balance into several random amounts is all you need for privacy. You can't prove how much I own. Also, its not like Bitcoin has your name attached to it.
Blockchain analysis is much more sophisticated than you think.

>>11565026
https://cryptonotestarter.org/
Look xmr is a forked coin from there. Next time try to shill a better coin which isnt forked in 2min and use an own code pajeet.

Get in touch with the CryptoNote family. Buy great coins like xmr or ducknote or boolberry kek

Being in XMR feels so damn comfy

>>11561596
POOOOOOOOOOOOOOO

>>11561584
/comfy/

>>11561596
fucking dero cucks.
>year-long hidden mining on the network
solved with algo hard forks
>multiple critical bugs
name one that isn't patched and negatively affected the XMR ecosystem -- i am ready to refute your bitch-ass with links :^)
>outdate-in-one-year technology
uhhh, what?
>dero's bulletproofs are 10x faster
and the network is about 1000x easier to 51% attack and compromise; that speed will NOT scale with growth
>ts BlockDAG structure is more efficient, and it's private smart contracts will be the first of their kind and will allow massive scalability and usability to the real world.
...aaaand we've entered buzzword/shill territory. Neat!
Did I miss anything you fucking mongoloid?

>>11562274
>as oppose to every single fucking monero coin being tainted
can you imagine being this retarded?
>A simple Bitcoin wallet that automatically splits your balance into several random amounts is all you need for privacy. You can't prove how much I own. Also, its not like Bitcoin has your name attached to it.
you fucking retard, monero does all this for you at the protocol level. how can you acknowledge the need for privacy and then simultaneously vilify Monero, calling it "overkill" -- get fucked and stay poor, come back with a real talking point chief

>>11568913
>and the network is about 1000x easier to 51% attack and compromise; that speed will NOT scale with growth
it cant be 51% attack retard. thats what the blockDAG is for

>speed will not scale with growth
kys. its obvious you dont even know what bulletproofs are because what you said doesnt even make sense

>>11563225
Dero has to do a 144x before reaching monero's market-cap.
given the fact that monero is crowdfunding cryptography PhDs year after year while Dero is... doing this on 4chan... enjoy the bags!

>>11569011
>it cant be 51% attack retard. thats what the blockDAG is for
I can't find any information on how the attack is prevented. please link me any relevant information and I will happily change my mind, but otherwise you're a huge faggot shill rajesh. hint: linking a twitter post that says "IT'S 51% PROOF!!!" isn't credible.

>>11562768
You know that is because they copied untested, unfinished, and unaudited code right?

>>11563550
>Enjoy being controlled by Bitmain
Bitmain aren't the only ASIC developers. Not to mention having ASICs honestly increases the security factor of a network since the cost of hardware required to 51% of the network hashrate is higher as well, and if you attack the chain the hardware because worthless due to how specialized it is. GPU mining on the other hand is very general purpose so if an algo fails you can just hop to another one. Miners aren't tied to the success or failure of the algo they are working on. They could care less.

>>11569105
>please link me any relevant information and I will happily change my mind

No you won't you retarded faggot. You'll just say "Wow I'm feeling sleepy anyone sleepy here anyway moving on a closed source is an unforgivable tragedy in crypto and Monero is NOT outdated, it's better because I said so, so shut up ranjeet poo scam!!"

You people are a joke.

>>11569622
t. There isn't any information. Maybe is just a lie. And yes, being closed source is a joke in this mean. You don't know this or don't agree because you possibly don't even know what you're doing here.

>>11569697
Even when Dero's price hits three figures you will spew your dumb FUD.

What do you think is the chance that Bitcoin will implement privacy features that will make Monero and all other privacy coins obsolete?

>>11569697
Wow the same line shilled over and over again. Getting real tired of this FUD.

>not a btc thread
baka

>>11569947
Slim to none.

>>11570000
It's not FUD if is true.

>>11570326
It's not true. You keep saying the same twisted line over and over again like some kind of Democrat praying on people's ignorance on how blockchains work. The problem is most people aren't buying it anymore. Dero keeps delivering again and again while Monero is dead in the water.

>b-but Monero's marketcap is 1,000,000x larger than D-D-SCAMERO HAHAHAHAHA

Grow up.

>>11570563
Kek
>Thinking literally anyone that knows shit cares about Dero

>>11570563

wow you are a really determined shill aren't you kek

u mad?

>>11570621
>>11570649
>don't refute argument
>just call me a shill, rajeet, scammer, "lol nobody cares let's just move on................"

Literally a play-by-play from a Democrat handbook.

Sad.

>>11570688
>Using partisan politics as an ad hom instead of saying anything relevant

If you want people to even bother trying to refute you, you have to actually make a claim first beyond "muh Dero is gonna be worth 50 gujirrion one day"

>>11570713
>don't refute argument
>say I said something that I didn't

Literally a play-by-play from a Democrat handbook.

Sad.

>>11569105
the spec and everything is laid out here
https://eprint.iacr.org/2018/104.pdf

>>11561584
Yeah, I've still got my bags split between 6-8 coins rn and am about to go 100% BTC and XMR when I get around to it.

>>11570820
>Keep talking about politics in something unrelated
>Literally play-by-play from the boomer handbook

>>11570881
>the npc left can't meme so you steal my meme

Literally a play-by-play from a Democrat handbook.

Sad.

So sick of dero shills ruining every monero thread

>>11571067
So sick of Monero shills spamming Monero threads on /biz/ 24/7

The thread is literally called "ETERNAL" meaning you shillfags plan on bumping this to the bump limit then making another thread

Sad.

>best coin in the world available at sub 100$
>withdrawal and transaction fee’s basiccally gone.

Lads help me I can’t stop buying XMR

>>11570563
Yes, it is. Don't try to hide it. Everybody can check it by looking at the bitcointalk thread and the github repository. The fact is: The code remained closed by 3 months and captain only released pre compiled binaries (more than 10 versions) and told everyone to run them. Why do you think he wanted to lock and delete that thread? To hide this fact.

>>11571348
Dero is great.

>>11571483

Do you know what is Reverse Engineering ? If not I think you shouldn't speak about something you don't have any experience, kiddo.

>>11571611

>>11571348
You better leave some scraps for the dero shills anon they're getting desperate.

>>11562121
>No one cares about monero.
Dero structure is indeed intrinsically much more scalable. Even without SC as of right now it is much more technologically advanced than Monero. As soon as the general public figures it out game over for Monero.

>>11572435
>public figures it out
ah, and what about the cryptography PhDs involved in monero? surely they are already working with dero, the superior project?
Oh wait no, that's retarded and dero relies on pump threads like this very one. womp :(

>>11561584
OBLIGATORY "your coin will never do this"

im posting in here as a safehaven from all of the prolapsed anus threads.
>dero 100k eoy

I feel really bad for the dero pajeet, he must be trapped under some heavy bags to be so desperate as to shill dero to retards on 4chan who can't do 5 minutes worth of research

like imagine being sucked into some MLM scheme, getting thousands of dollars in debt to buy inventory, and trying to sell shitty energy drinks to people on the street, knowing you fucked up royally and hoping they can't sense the pain in your eyes behind your insincere smile. it must be like that

>>11572704

Any CryptoNote coins with bulletproofs will do now the same nowday.

Monero Cryptographer PhD stole Confidential Transaction from LN and Ring Signature from CryptoNote and Voila : RingCT.

Yes. Bitcoin ethereum chainlink monero are the only projects in the entire space worth a shit

Can someone answer me this: XMR is described as an electronic Cayman Islands, but let’s say you hide wealth in XMR and it comes to divorce / tax / indemnity proceedings.
When some limpdick lawyer hands shows you the trail of money from fiat to the purchase of XMR, what do you do? XMR is untraceable but the road to buying it isn’t, and once it’s proven you bought it you’ll need to cough it up.
Or am I brainlet?

t. suspected brainlet

>>11573242
worst case you flee the country and they can't do shit to freeze your assets

>>11563550
>it's a fucking 10% premine. Monero has 0.
Riiiight... And the million $ watch was gifted to fat pony by Santa Claus? Monero has a ton of early mining by fat pony and his gang.

>Enjoy being controlled by Bitmain.
And Monero has been mined by Bitmain for a good part of the last year. Now it is controlled by FPGA miners. The Monero devs are in bed with them. They updated the mining algo specifically to make it efficient for FPGAs.
At the same time Dero devs are honest and nobody will have cheap Dero by cheating on the mining algo like in Monero.

>>11569016
>Dero has to do a 144x before reaching monero's market-cap.
Wrong. If Monero loses half its market cap to Dero then Monero will drop to $50 and Dero will be up to $148.

>>11569947
>What do you think is the chance that Bitcoin will implement privacy features that will make Monero and all other privacy coins obsolete?
Zero.

>>11573094
>stole
and implemented, which is the important part
get rekt

>>11573019

>he must be trapped under some heavy bags

How delusional can you people be? No seriously, what's "heavy" about buying Dero at 30 cents and watching Dero grow to $2+? There are multiple people who have already stated they made back their original investment and then some, and everything else is surplus from here.

>>11573363

That's what pisses me off about faggot Monero hodlers the most. They whine "ASICS ASCIS ASCIS" as if FPGAs and GPU mining are any better. Any time they bring up the "ASICs vs GPU" argument, I bring up the "GPU vs CPU" argument, and they just explode into "MUH SCAM PAJEET CLOSE SOURCE CODE REEEE"

It's just sad.

>>11573788
didn't even look at the price chart for that shitcoin desu, but good to know the pump is nearly complete and the shilling will end when it dumps. you fucking pajeet.

>>11561584

sold all my xmr for silver. it's more anonymous, more fungible, and can't get hacked

>>11573913
>I don't care about making 7x my money because Dero is a scam :^)"

>>11563381
>phantom what I’m saying
I can tell English is not your first language and you’re also a retard

>>11571214
You do understand how much you are contributing to the bumping, don’t you? Fucking idiot.

Daily reminder that Monero might be the most important project in crypto at the moment.

Daily reminder that Monero is /our coin/ and that if you hold a bunch, you're gonna make it.

THANK YOU COMFY RICCARDO

>>11574160
>he doesn't know

Newfag detected

>>11574174
Only retards attach a sports mentality to a cryptocurrency

>>11573788
14nm cpus are just as efficient as GPUs, and if you are using your servers for VM hosting and other stuff your ROI increases even more.

>>11574288
Yes but who is going to buy 100 CPUs just for mining?

>>11573788
>as if FPGAs and GPU mining are any better.
But they are? The free market is at play for GPU miners but that's not the case at all for ASICs made by (and mined on) by one or two Chinese/Russian companies that will use them for a year and then only reveal that they even exist when they're on the cusp of becoming inefficient.

Also seriously how much work is it to fork to Cryptonight v8? Just fucking copy Monero's algorithm. There is no reason for Dero to be ASIC friendly unless the devs are seriously bagholding a bunch of old Cryptonight ASIC hardware, especially because supposedly it can't be 51% attacked. So what gives?

>>11574336
Pic related.

>>11574357

When you are enough wealthy you can buy farm of GPU or FPGA or ASIC, and no one could be competitive anymore with industrial mining.

Do you really think an enthusiast Miner with even 18 GPU can do something against GPU farms ?

>>11574418
>and no one could be competitive anymore with industrial mining.
If this was true then nobody would be GPU mining anything anymore, but that's not the case.
>Do you really think an enthusiast Miner with even 18 GPU can do something against GPU farms ?
Yes? The profit margin of GPU mining a well established coin like Monero is basically linear. One GPU farm with thousands of GPUs mining Monero is roughly equivalent to dozens of enthusiast miners with thousands of GPUs mining Monero. So long as the hashrate is distributed across a few large pools I don't see what difference it makes. People that invest a lot of money in mining equipment are always going to hold a greater portion of the hashrate. This is inescapable.

>>11573242
"yeah I lost it all in a boating accident. I know, I know, I'm retarded for being bringing my ledger and backup seed on a boat with me, but what can I say, accidents happen amirite?"
>mfw this will actually happen one day
>mfw I have no face

>>11574357
This is what I don't understand about you Dero FUDDERS. If Dero has a hidden premine they wrote into the code back when it wasn't in the open, why the hell would they even need to have ASICs? They could just program in all the coins they want. You people can't have it both ways. Either Dero devs are scamming us with their 527 quintillion coin premine and don't mine their own coin, or they only have their standard premine and are mining their own coin with ASICs. Get your stories straight before you FUD.

>Also seriously how much work is it to fork to Cryptonight v8? Just fucking copy Monero's algorithm.

The second they do that is the second Monero wins. The FUD will be unrelenting. Dero is more focusing right now on changing the crypto space with their new technology than fighting a losing battle. Dero plans on moving off the PoW to something else in the future after the private smart contracts are set up and the Foundation has formed, so they need the network to be secure.

>>11571483
And that's not even touching on the fact that Captain lied about locking the premine and is working with McAfee to try to pump n dump the shit

>>11573935
based and boomerpilled

>>11574582
>Either Dero devs are scamming us with their 527 quintillion coin premine and don't mine their own coin, or they only have their standard premine and are mining their own coin with ASICs.
I wasn't even talking about the premine, but since you brought it up, one of these options you mentioned is terrible and the other is just kinda bad/lazy? There's a fucking blueprint on Monero's github for being "ASIC resistant" (temporarily anyway) so why not just use that?
>The second they do that is the second Monero wins
Huh? There are plenty of small cap coins following Monero's lead. Communities of GPU miners form the bedrock of just about every PoW coin that has ever existed.

>>11574174

THANK YOU COMFY RICCARDO

>>11574636
>temporarily anyway

And that's the problem. Call me when a permanent solution has been found. Dero is too busy doing other things than to have to worry about forking every 2-6 months.

>There are plenty of small cap coins following Monero's lead.

What lead? Dero is ahead of Monero in every single technological way except for "MUH ASICS". Dero's bulletproofs are 10x faster, Dero's more scalable, Dero never had hidden mining on its network, etc. Also, before you use the "Dero is a fork of Monero" argument, Monero is a fork of Byteball.

>>11574582
>This is what I dont understand about you Dero FUDDERS.
Well, you came into MONERO thread and started your usual “great coin sirs, pls buy” like a Jehovah Witness going from door to door. If you don’t want the FUD - go to dero thread, what are you even doing here if it is clearly seen that monero holders are not interested in this shit?

>>11562195
Lmao

>>11574936
The same ASICs that secretely mined Monero are now openly mining Dero, and Bitmain has a monopoly on that. Can you explain to me hiw that is better than forking away from them? And dont start with "ASICs are more fair/decentralized blahblah" because if that was Deros stance, they woild have changed the algo to SHA256 so you can use bitcoin miners, which are the most distributed/decentralized.
Also, Dero is literally unforkable legally (because of the code license) which makes you absolutely 100% dependent on Captain not fucking you, because if he does in any was, the community cannot legally fork away, and if they do illegally, no exchange will support it cause of the legal risks.
A cryptocurrency that cannot be formed, LOL.

>>11561584
this isnt a peercoin thread wtf

>>11574936
The same ASICs that secretely mined Monero are now openly mining Dero, and Bitmain has a monopoly on that. Can you explain to me hiw that is better than forking away from them? And dont start with "ASICs are more fair/decentralized blahblah" because if that was Deros stance, they woild have changed the algo to SHA256 so you can use bitcoin miners, which are the most distributed/decentralized.
Also, Dero is literally unforkable legally (because of the code license) which makes you absolutely 100% dependent on Captain not fucking you, because if he does in any way, the community cannot legally fork away, and if they do illegally, no exchange will support it cause of the legal risks.
A cryptocurrency that cannot be forked, LOL.

>>11574174
THANK YOU COMFY RICCARDO

>>11571348
if there was no economic collapse, just from the cycle crypto goes through on its own, it would probably drop to ~60$ mid '19 before a trend reversal.
now factor in that a collapse will bring stock markets down ~50% or more some time in the coming two years and that crypto - at first - will follow it (before hopefully rebounding and then possibly mooning).
what i'm saying is if the stock market crashes at the right time, there might be a point where it goes way below 100$ again without losing any trust/perspective/value for the long run.
alts are still dropping while BTC goes sideways, so now is not the time to buy yet.