/biz/ - Business & Finance

>>19009118
monero has a hidden inflation exploit and the exploiter is crabbing it so you don't notice

>>19009139
yeah, and turtlecoin's wallet has a keylogger in it

>>19009139
could be. That's something I feel like devs would figure out but I guess it's a possibility as to why it is crab coin

>>19009167
still better than XRP

>>19009183
a coin to make has to be
auditable
private
PoW
able to keep low fees for transactions (ie bigger blocks or more blocks)
bonus insta pay

you know which coin that is
it is not monero and it is not dash

REEEEE

>>19009167

Proof?

>>19009207
Of course I know. It's dogecoin.

>>19009241
doge has meme powers
but it is not private

>>19009118
I'd say that institutional investors won't be interested in it. It's ONLY retail & just the dodgy ones. Also no need to hodl, just change BTC into XMR.

>>19009246

You probably are referring to zcash but nobody actually uses it, but they do use btc/xmr/ltc

>>19009260
zcash is not private it is jewish

>>19009246
I assume you're talking about Verge then. It's not traded as much so I feel like it's easier to track.

>>19009118
only bad thing i heard is it has unlimited supply

>>19009118
There's also the increased threat of government interference. Say somewhere like China has their isps block users who they detect are connected to monero, the whole country would move away from the platform.

>>19009271
>Verge
Dunno he doesn't sound like a tard

>>19009274
that may be a good theory as to why it doesn't every spike. The unlimited supply is perfect for large transactions (le decentralized bank)

>>19009271
verge is a fork of what
and who's code are they stealing

>>19009118
>Tech fags explain
>price related question

BASED RETARD

You can still audit the XMR blockchain, it's just impossibly difficult to know who is sending xmr to who, but it all adds up in each block. They have found residual exploits left over from the BCN code, but why would the devs undermine the value of their own coin like that? Especially one with a 1bn MC? Not to mention XMR probably has some of the most talented cryptographers and crypto-devs working on it.

>>19009207
>>19009246
>>19009265
>>19009302
JUST SPOONFEED ME YOUR OPINION I DIDNT COME HERE FOR FUCKING RIDDLES

>>19009324
ZCOIN
you wanna make it buy low faggot

>>19009118
>No one invests in it
legit money doesn't want to buy pedobags

Fluffy Pony (lead dev of Monero) stated he wants XMR to actually be used as a currency, not just another HODDLDLDLDLDL scheme. XMR is probably the closest thing we have to an actual cryptocurrency right now.

>>19009314
I just have a business brain. I see numbers, I invest. Numbers aren't adding up so I was hoping some crypto programmer could say something snarky like
>are you kidding me bro? it's friggin stolen code! It's vulnerable!

>>19009118
Why price sucks? A simple explanation:
You want to buy drugs/vpn/kiddie porn/whatever.
You buy monero and right after you get it, you pay for whatever you want.
Merchants dumps monero for another coin which then dumps for fiat.
Nobody holds.
The end.

>>19009302
Doge I thought....I was dark doge at some point

>>19009357
no there is an inflation exploit

>>19009357

Luckily a lot of DN markets don't allow the exchange of CP, but I agree it's definitely a problem, well, unless your Vitalik.

>>19009357
not true. Imagine a business that only accepts monero. The transactions would not be tracked so they could fudge numbers and pay less in taxes. Audits would be very difficult.

>>19009373

Explain.

>>19009240
>>19009167
you know it's a "joke"

next bitcoin upgrade will make privacy coins more or less obsolete. and it's coming soon. google schnorr signatures and taproot update

>>19009514
that doesn't really benefit the underworld of crypto. It's a great feature, but if I was going to avoid taxes or buy drugs, I would still prefer monero.

>>19009514
BTC with lightning is a complete joke tone vays

>>19009351
>thats retards brain
>x wants to buy drugs from y
>y asks xmr
>x transfers y unknnown ammount of xmr
>y sells xmr for usd
>the end

>>19009407
> Imagine a business that only accepts monero
>pay less in taxes

OMEGABASED RETARD LOOOOL

>>19009830
>implying there are no businesses that accept monero
wrong
https://cryptwerk.com/coinmap/xmr/
>implying people sell their xmr
wrong
Stop think about "muh drugs". Monero is the tax evasion coin. Takes time to convert it into money. Every transaction looks identical so it's impossible to trace.

>>19009921
Are you like 12?
You know legal buisness got books and inputs and outputs none haves to trace crtypto on fucking chain....
Shit you type implies you have no idea how anything in real world works

THE ABSOLUTE STATE OF BIZ 2020

>>19010007
you're seething right now trying to pretend like businesses can't just change a journal entry. If you don't see how Monero could be useful you're an idiot.

the whole point of crypto is tax evasion and the end of the state

>>19010048
ZOOMERS ARE FUCKING DUMB
I'll be glad when this recession hits, they'll be hit the hardest. Hoping for the draft to be implemented.

this Anon problly has zero fuckin clue as to the main service England operates as an expample

>>19009139
>opensource
>hidden

>>19010099
exactly retard
we now have a trust-less private currency
the is open source and auditable

>>19010048
You are literally dumbest personn on biz today and bar is as low as it gets

>>19010094
>>19010151
If you think a corporation would accept crypto you're an idiot. I'm talking about individuals and small businesses. It's an easy method to wash cash. You put your money on a prepaid card, buy monero, wash it back into cash. If you received monero then you just do the second part.

>b-but my transactions. You can't just not record entries
People have done that throughout history. Why do you assume someone on biz wouldn't know how businesses operate
>main service of England
no one knows what that means because you made it up
>You are literally dumbest personn on biz today
>You are literally dumbest personn
>dumbest personn
>personn

>>19010300
Stop thinking your fantasies are real life. This discussion has already been had years ago. Nobody is doing what you propose.

>>19010331
what the fuck are you glowie
it is super easy, just install an add to your eCommerce store and you are in business

>>19009118
listen.
monero is a top-tier means of exchange.
this does not mean that its a top-tier long term investment.

you know, fruit is good for you, you eat them within a week, you dont stock fruit or else it rots.

crypto is a bit like that considering value changes very rapidly. unless you got in early into monero its too risky to "invest" in it. this is not hard is it? as a means of exchange though its fucking ace considering the anonymity. most who receive it would probably convert into something more stable within 24 hours.

I think if people understood the tail emission model they would understand anon

>>19009313
the xmr blockchain is still auditable and you can perfectly use XMR while still complying to each and any law there is.

I doubt there is any inflation exploit left at this moment.

Yes they do have some of the most talented guys in their team. Like the dude who invented RandomX. also its rumoured satoshi works in the xmr dev team. 5 of 7 head developers of XMR are anonymous.

>>19009514
>next bitcoin upgrade [...] coming soon
citation needed.

>>19010300
>no one knows what that means because you made it up
retard, they offer tax free banking services via their offshore jurisdictions. makes up about 50% of the GDP under some estimates.
you can fuck off with your delusional opinion, you've probably never worked & deffinally never ran a business.

>>19009350
fluffy poney is not lead dev anymore and he was only the public face dev of monero. never the actual leader leader. 5 of 7 xmr lead devs are anonymous.

>>19009408
what he meant to say is : I don't like xmr so im gonna just throw shit around to scare you, I am bafffled he didn't shill Link in the same sentence.

>>19010415
keep making shit up

>>19010379
and I dont mean that monero will not grow in value anymore but people who have earned their money honest work, through drugs or systematic trading or other shit are not going to play the money away by hodling.

>>19009260
>Literally publicly announced that they have a glownigger backdoor

>>19010438
Zoomer confirmed
Stay dumb poorfag

80% BTC
10% ETH
5% XMR
5% LINK

>>19010519
>80% BTC
ngmi

>>19010519
I'm 50-50 link and 0x. If you check the prices you will see I've been making some good gains. You should exchange the btc the next drop (btc drop will most likely be minimal compared to alt coins).

or be like this boomer and stay mad
>>19010478

>>19009514
damn lol. BCH has all the upgrades you are talking about. BTC is still 4 years away from the litening netwerk, as usual.

>>19010574
Daily reminder, '17+ fags opinions are worthless.
Imagine not holding any cryptocurrency & falling for cults.

Here's a link, who knows you might learn something.
https://www.youtube.com/watch?v=-YgFDZNXPyg

i wouldn't post something to read, as its a waste of time, Zoomers don't read.
You're welcome arrogant zoomer

>>19009118
what price should i pick up this cryptocurrency coin at? i have heard its the most ethical coin out there and want to switch over from Chainlink and Lumens. i don't know a lot about its price history/ actual value or its deflationary/inflationary rates. can some smart /biz/ anon help me?

>>19010735
Bette pick ESH to get GHOST

>>19010744
Better*, also check 'em

>>19010735
Download the coinbase app and check it's prices.You can customize settings so it notifies you when prices drop. Avoid investing in Monero because it isn't very volatile.

>>19010744
no shitcoin spamming please. i made really nice gains hodling link and lumens i want to keep it not look for a 100* or 1/100* at this point. also the private/ethical nature of monero makes it more appealing in its default setting. i have other income streams than gambling on internet currency ;) its been a while since i checked out the recent shitcoin threads, i thank you for giving me such a fast refresher on what to avoid!
>>19010802
im looking to invest in an ethical asset, not trade to optimize portfolio growth. i like the idea behind the project of monero and want a stake in an actually usable private currency, that cannot be confiscated/ that i own. coinbase has KYC and AML so i will try to avoid it, but thank you for the ideas anon. really i was just wondering if /biz/ frens had price predictions for xmr specifically/ if i should buy in now, before halving or later but seems that question will only return speculation anyway. thx for the replies anons, i hope you have a nice morning and you bring home some tendies <3

>>19010874
Momero is guaranteed 1000 USD coin all day long
use Cake wallet for phones

>>19010874
talk to the monero sub-reddit. The people on there aren't shills so it's easy to get answers from them (just be aware you might be talking to a drug addict instead of a savvy investor)

>>19010874
Sure tripfag

Check out reddit desu

Monero is for pedos and drug addicts. If you've got nothing to hide, why not just use BTC?

>>19010888
trips of i will try it out desu! thx anon for the suggestion! my main phone may not be able to run it if its not from fdroid (replicantos free as in freedom software only xD) but i can also download the official cli/gui if i really need it i guess
>>19010919
^^ <3 ill look through there, thx anon.
>>19010928
<3 have a nice monday anon <3

>>19010874
fix'd

>>19010997
you dropped this, i belieb its yours anon
^^

>>19011040
thx, fren

Monero is outdated. Let me solve that issue

>>19010414
https://www.theblockcrypto.com/post/52408/bitcoins-taproot-schnorr-upgrade-proposal-is-nearly-ready-as-it-moves-through-developer-feedback-phase
>>19010576
>>19009617
seething shitcoiners

>>19011066
>>19010919
>>19010888
>>19011113
if any monerochads are looking for a freetard gf(male) my xmpp is cherryc@jabber.calyxinstitute.org, a client with OTR encryption is required by default. msg me, maybe we live close and will hit it off ;) basic bio info is in my xmpp card u can see after i approve the buddy request, or in 4chan archives desu C: thanks for the chat everyone! xmr is a nice hodl, very comfy :P excited to be a part of this whole movement, you guys seem swell. off to my wagie work now, have a nice day everyone thx again for the advice <3

>>19010994
don't forget that I also suggest zcoin

>>19011190
>using all that james bond shit to be a faggot online
www.discord.com

>>19009118
with the advent of zero knowledge proofs on ethereum it was obvious that monero is going to fade out of existence.

>>19009260
>>19009271
he is clearly talking about the upcoming Ghost by McAfee! Buy ESH now, if you haven't already. Now is your last chance to make x100.

>>19011217
i'll keep that in mind! thx anon, ill look into it ^^
>>19011240
i dont want companies to sell my private chats anon, also encryption is important! freedom over computing, ethical open standards and their use are good for society! why use anti-friendship, anti-sharing software, when we can use free as in freedom software? small changes become larger ones, the more small changes are made. i want the world to be a friendlier place! i wouldn't be a good friend if i tried to get you to use anti-friendship software. :< its an easy change to make, and one that is good for your health! install Pidgin, the Off The Record plugin, make a free account somewhere and chat with qts without glow in the darks watching and without a botnet! what's not to love? i hope you take the freetard pill anon, lets all be more free where we can be, its a very special feeling, freedom <3

>>19011358
ah dont worry about me homie i'm just being a jerk. good luck with your gay adventure. maybe tone down the tripfaggery and easily identifiable messages on 4chan if you don't want to be tracked though you giant retarded homo

>>19011430
>maybe tone down the tripfaggery and easily identifiable messages on 4chan if you don't want to be tracked though you giant retarded homo
kek

>>19011430
how will i get bf if they can't identify me ;-; u right of course though, i am retarded. bls someone help fugg the the retard out of me,,,,,,,

>>19009118
Best MOE coin on market.

>>19010063
Redundant.

>>19010439
>earned their money honest work,
>through drugs

>>19009139
Something like this. They don't have a clear hard cap. So you don't know exactly how many coins there will be in the future. Unknown inflation.

>>19011113
did you read lol? BCH has shorr signatures for multiple months now. BTC sucks. deal with it.

>>19013078
i actually like bch and have a bunch but if you really think btc sucks then lmao

>>19010622
Imagine seething this hard about other people making it.

>>19009167
It actually does though. Seriously, I would advise anyone to stay away from TRTL, it's not safe.

>>19011500
I tried to install OTR on Ubuntu but it was too hard so I gave up.

>>19009167
Kek imagine looking through the average /biz/ anons typing logs

>fuck niggers/jannies
>trap porn
>technical analysis tutorial
>Sergey nazarov typed into Google repeatedly

>>19014330
kek

>>19013291
Imagine white knighting for fellow cult members

>>19010735
Anything under $90 (Jan 2020 high) is a steal. I started piling in around ~$45. You could have had it for $25 at the bottom on March 11.

Little known secret:
Binance futures publishes long/short ratios, and breaks it out by top performing traders and total. Top performing traders have had higher ratio long/short on XMR than any other coin I've examined. They seem to be swing trading the XMRBTC ratio. I've started following suit and am scalping several hundred USD per day, even during this extended correction.