/biz/ - Business & Finance

>>25678648

>>25678790
Thanks for sharing. Any news on XMR yield farming now that BTSE is offering wrapped coins?

>>25678960
nothing new on yield farming, but if BTSE is legit it's guaranteed


can you also add these to the /general/

>Anti-Money Laundering Regulation of Privacy-Enabling Cryptocurrencies
https://www.perkinscoie.com/en/news-insights/anti-money-laundering-regulation-of-privacy-enabling-cryptocurrencies.html

>Other Resources
Explorer https://xmrchain.net
Transaction count/difficulty/hashrate https://bitinfocharts.com/comparison/monero-transactions.html
XMR to BTC transaction ratio https://www.monero.how

and change mining to

>Mining
https://archive.is/TWOah
Benchmarks https://monerobenchmarks.info?

i think that archived link under mining is actually dead. use https://www.getmonero.org/get-started/mining/

>>25678648
I'll never get tired of OP's pic.

>>25679097
Thanks mate. I'l be dropping some more OC soon.

>>25679097
Where can I grab some of the original monero-chan pics? Are they only uploaded here or is there a page where the artist uploaded them?

>>25679509

How do I steal electricity to mine monero for free?

>>25679678
Plug your laptop at work

>>25679097
>tfw boner
>tfw one of you faggots wrote it

>>25678648
Imagine holding dead XMR bags instead of LOKI before the OEN rebrand.

>>25680096
Shoo, streetshitter

>>25679748
Is there a powerful laptop I can do this with? Preferably one that is quite too.

>>25680445
https://www.mediaworkstations.net/systems/portable-amd-workstations/a-xp/

I have a gaming desktop and a free internet and electricity. How do I estimate how much XMR I can mine in a month?

>>25678648
Monero is peaceful protest

>>25681101
Tax evasion isn't peace. You are literally taking bread out of people's mouths.

>>25681173
>he thinks using monero necessitates tax evasion

Dip: Bought
Node: Running
Rig: Mining
/xmr/ general: Comfy

>>25680808
https://nicehash.com/profitability-calculator
>>25681444
>DCA: always
>Rig: mining
>/xmr/ general: comfy
never got to running a node, maybe i will someday...

>>25679097
If monero was introduced in 2014 doesn't that make monero-chan 7 years old? Guys...

>>25682764
hmm 7yo pussy smell good, yes sir

>>25683030
No.

>>25680808
More than bitcoin or any other major cc.

>xmr thread

>>25683216
Mine XMR on the CPU, ETH on the GPU. ETH is currently more profitable.

>>25683289
Correct

>>25681101
That is a solution but so is BDS
https://en.wikipedia.org/wiki/Boycott,_Divestment_and_Sanctions
Look into it

Still use fucking non-profitalbe staking lol?
Join: https://twitter.com/dao_duck/status/1338181297257263112?s=20

Your Daddy is here now!

https://ciphertrace.com/ciphertrace-announces-worlds-first-monero-tracing-capabilities/
What happened to this? Are they really capable of tracing transactions?

>>25683587
If they were capable of it why does the IRS still off a reward to anybody capable of it?
The only 'tracing' they can do is probabilistic (see: they can't), it's nothing more than a bluff.

>>25683587
No

>>25683587
No

>>25683587
yeah ..... NO

>>25683587
90 seconds of critical thinking and googling debunks this weak fud

>>25683587
this has been debunked a hundred times unironically

>>25683653
Where can I see IRS' reward?
>>25683655
>>25683669
>>25683741
Why?

>>25683778
https://beta.sam.gov/api/prod/opps/v3/opportunities/resources/files/bb0247a3accc46beb2901af74b78438d/download
Now stop spreading FUD

>>25683778
Deleted direct link because it was obnoxious
https://www.forbes.com/sites/kellyphillipserb/2020/09/14/irs-will-pay-up-to-625000-if-you-can-crack-monero-other-privacy-coins/

>>25683917
Thanks, and sorry for being a retard.

>>25684218
People just get irritated with questions like that because faggots spam it as FUD and assume that you are doing it too, even if you were somebody trying to find out if it was legitimate or just FUD

>bought into the XMR shitcoin at .08
jesus christ why is this piece of shit shilled so heavily

>>25680808
whattomine.com

>>25684930
Because bitcoin has fundamental flaws that would prevent it from ever being used as a currency.
-High fees
-Low miner incentive without higher fees as difficulty increase
-Open / transparent blockchain
-No fungibility

Monero solves all these problems, with high adoption.

Comfiest hold

i got in this on monday, I noticed my penis has noticeably increased in size since then. Is this normal?

>>25685388
Only if your hold remains an unknown amount of monero. If it is indeed unknown to others, this cock growing effect may infact be exponential.

>>25680808
https://xmrig.com/benchmark

>>25679097
Will someone please take the ban to post the bottom pic uncensored please god. I’ve only seen it once and now after seeing her posted so often she’s plagued my mind. Not the one with the dumb Bella delphine face it looks just like the last picture here.

I guess I will give this whole internet money thing a try.

>>25686207
welcome aboard the chad train anon

>>25686108
No problem fren

>>25686440
No fren it’s the one with the surprised look on her face :^(

>>25686207
Good luck anon. I cashed out some of my XMR for this watch, am feeling happy.

>>25686473
Damn the jannies are the most bottom tier people on this board, you guys didn’t do shit during the bear market

>>25686478
Nice feet

>>25678790
truly based

>>25686207
welcome my brother

Market has decided Monero is a shit coin?

shoo shoo smelly hinpoo
shit on another street pajeet

Hourly reminder that Monero is poised to become the reserve cryptocurrency of the global shadow economy and is currently replacing BTC on the darknet while also making inroads into the cyber-crime and money laundering sectors.

>Bitcoin Will Never Be Truly Private Says Andreas Antonopoulos
https://cointelegraph.com/news/bitcoin-will-never-be-truly-private-says-andreas-antonopoulos

>Bitcoin is too hot for criminals. They're using Monero instead
https://money.cnn.com/2018/01/03/technology/bitcoin-popularity-criminals-monero/index.html

>Crooks opt for Monero as crypto of choice to launder ill-gotten gains
https://www.theregister.com/2018/03/16/cyber_crime_economics/

>Darknet Giant White House Market Drops Bitcoin, Supports Monero Payments Only
https://news.bitcoin.com/darknet-giant-white-house-market-drops-bitcoin-supports-monero-payments-only/

>Monero replaces Bitcoin for Sodinokibi Ransomware operators
https://www.cybersecurity-insiders.com/monero-replaces-bitcoin-for-sodinokibi-ransomware-operators/

>$7.5M in Monero Demanded in Alleged Cyber Attack on Argentinian Telecom Giant
https://www.financemagnates.com/cryptocurrency/news/7-5m-in-monero-demanded-in-alleged-cyber-attack-on-argentinian-telecom-giant/

>Criminals laundered $2.8 billion in 2019 using crypto exchanges, finds a new analysis
https://www.technologyreview.com/2020/01/16/130843/cryptocurrency-money-laundering-exchanges/

>Latin American crime cartels turn to cryptocurrencies for money laundering
https://www.reuters.com/article/mexico-bitcoin-insight-idUSKBN28I1KD

>Why untraceable cryptocurrencies are here to stay
https://www.cbs.dk/en/the-press/news/why-untraceable-cryptocurrencies-are-here-to-stay

Considering that the global shadow economy is valued in the trillions of dollars, even if just a portion of that ends up in Monero's marketcap that is still HUNDREDS of billions of dollars. 5 figure XMR is inevitable.

>>25681173

This img is depressing. If someone asks why we still haven't reached Mars or explored space back then, show this cursed img.

Taxation is theft son, educate yourself

sir I must kindly request that you take down this “Jenny.” Coins with generals dump until the general founder gives up. By making this general you are dooming us all. I solely attribute the 0.0038 BTC/XMR ratio to your actions.

>>25688540
jenny, please make another 10 /xmr/ general threads, I could use a dip

>>25681173
That pic looks based as fuck what's wrong

Just bought twenty on robinhood bros gonna make it

>>25689214
>buying crypto on robinhood
>telling everyone how much you bought

No.

The kikes fear monero

>>25689214
congrats anon, you now own exactly 0 XMR

>>25689377
Kekked. Checked.

>>25678648
Hello my paid Russian shill friends, don't forget to upgrade your Monero to 0xMonero before it's delisted from every platform. Shame on you for working on Orthodox Christmas BTW.

>>25689989
nope. 0xmonero is still vaporware bullshit
just like the last hundred times you spammed it
stfu you moron
https://www.reddit.com/r/CryptoMoonShots/comments/i27fhk/0xmonero_summary_of_findings/
>>/biz/thread/S24750658#p24755504

>>25689214
Ahahahahahaha ON ROBINHOOD

holy fuck he doesn't understand that he doesn't own what he bought

KEK

>>25690042
we should laugh but educate him as well
>>25689214
did you read the sticky on DG?

>>25690042
I'ved never used Robonhood. I guess you don't actually own any coins that you there?

>>25679678
In Minecraft, the organized gang robbery known as "taxation" tells me that using public places is a perfect fit for this purpose.

>>25681173
>You are literally taking bread out of people's mouths.
Good.

>>25683587
From the first words of your message, I began to hear the voice of a brain-dead journalist. This is not surprising considering that journalists are just cheap intelligence agents.

>>25690203
No private keyes, no ownership. It's the same for every crypto. Also defeats the whole point of buying monero, unless you are a moonboi

>>25690341
>>25690203
With Robinhood you can't ever withdraw XMR. You just get more or less USD depending on Monero's nominal value.

>>25690341
>>25690203
cant you say that for every cryptocurrency exchange then?
kraken binance and etc

>>25690627
No, because on actual crypto exchanges you can (and should) withdraw to a wallet which you and only you have access to.

Your "mistake" is not an uncommon one and not something you should feel bad about, Anon.

Part of the spirit of crypto is that it allows people to be their own banks. You'll frequently hear the phrase "not your keys, not your coins" - meaning that if you don't have the ability to send or receive crypto without the permission of the institution that's holding them for you, you don't really have ownership of them.

If you're just interested in doing some day trading to make a few bucks in fiat, Robinhood isn't a terrible action. If you explore the project more and decide you want to make an investment of it, you would do well to purchase coins from an exchange that allows withdrawal and store them in a wallet of your own.

>monero in a death spiral
IT WAS HER TURN

>>25690856
Furthermore, it is well within the realm of possibility that privacy coins and XMR especially will encounter regulatory pressure in the coming months or years. You could find yourself in a scenario where Robinhood forces a sale of your assets and you have no say in the matter. Not your keys, not your coins.

>>25690891
Neck yourself moonboy

>>25678648
Satis Report and Wrapped XMR got me real bullish

Might trade all my monero for diazepam

>>25691678
This definitely isn't based, but it's also kinda based. You'd be using the coin to transact privately, which is what it for, first and foremost.

Lads it's dumping

>>25690920
>>25690856
im not that robinhood guy but thanks for answering my question
can you name a good cryptocurrency exchange that has that?

>>25691511
checked
satis report was off desu but there are way more reasons to be bullish

>>25692202
see first post; don't use morphtoken

>>25692227
>satis report was off desu but there are way more reasons to be bullish

They're more likely to be off on short-term forcasts than on long-term ones, especially in a market as irrational as this one, so take their specific timeline as a rough ballpark guesstimate.

But that XMR can ultimately hit $40K+ is actually quite a reasonable estimate assuming offshore/black money continues flowing into Monero over the next decade, we're talking about obscenely wealthy entities here.

>>25692358
the sticky says morphtoken is non KYC
why would you not use it?

>>25692227
Satis report was off regarding time, but its underlying rationale is sound as shit.

>>25692202
Re: exchanges, I like kucoin. LocalMonero is the best way IMO, though.

>>25692545
They have withhold funds from a few people that were exchaning from/to monero and demanding KYC after the fact. The shit started one or two weeks ago. Also the DNMs have used their api to exchange the buyer's btc in xmr for the seller; the api was closed and the DNMs accept only xmr now.

I wrote "DNMs" because I don't know which excatly, don't care enough about it.

It's a shame because morphtoken used to be top-notch, but rn you're better off with eg. kraken.

What percentage of Bitcoin's mcap do you guys think Monero will claim by the end of 2021? I'm hoping for 2-5%. What's the point of using bsv/bch when you have an anonymous alternative that solved scaling

>>25692880
Morphtoken doesn’t require kyc. You are mistaken.
They do block based on geo location however. This is why funds can be held. So if you use morphtoken in certain areas they can hold your monero.
The reason White House market doesn’t use morphtoken anymore as a bitcoin third party service is because they wanted to officially become monero only. Has nothing to do with morphtoken really.

ATTENTION MONERO CHADS: UPDATED CLI & GUI WALLET HAS BEEN RELEASED
UPDATE YOUR NODES!!!!!
https://www.getmonero.org/2021/01/08/monero-0.17.1.9-released.html

>>25693434
>Morphtoken doesn’t require kyc. You are mistaken.
Only when funds are withhold, or so I thought.

>They do block based on geo location however. This is why funds can be held. So if you use morphtoken in certain areas they can hold your monero.
Which areas? What happens if funds are held, how do you get them back?

>The reason White House market doesn’t use morphtoken anymore as a bitcoin third party service is because they wanted to officially become monero only. Has nothing to do with morphtoken really.
I didn't say it's the only reason, but I thought morphtoken disliked that (for legal reasons) and had to let them go. Can't find the reference though.

>>25693644
checked
acknowledged

>>25692966
>What percentage of Bitcoin's mcap do you guys think Monero will claim by the end of 2021? I'm hoping for 2-5%

This market is highly irrational so its anybody's guess. Atomic swaps is when we should start to see more consistent movement but sufficient liquidity will take a while to accumulate.

However, bear in mind that most of Monero's future growth is projected to come from the influx of offshore/black assets, so it isn't a zero sum game here, Bitcoin can continue to get bigger without it negatively impacting Monero.

>>25693703
I don’t know off the top of my head but I know of a few states that require vpns to use.
Morphtoken had implemented a patch to prevent tor exit nodes from being used. There was an easy work around that whm could have done but they said fuck it and went all in on monero.

>>25693934
Personally I think we're gonna see Bitcoin dump tremendously in the near future (weeks to months) and that the whole market will follow accordingly, but that XMR will take less of a hit in USD than almost any other asset.

I base this purely on gut and intuition- my normie friends are fomoing into 40K bitcoin, and although history doesn't repeat, it usually rhymes.

>>25693990
>I think we're gonna see Bitcoin dump tremendously
I don't know
events this week have shaken the establishment and elites
normies are seeing record gains
alts are all over the board but a lot are up
we probably wont see any significant pullback for a while, at least until bitcoin is well over $50k (which might be next week lol)

>>25693944
>Morphtoken had implemented a patch to prevent tor exit nodes from being used.
Thats what I had in mind. I would have reacted the same; it sounds like both parties prepaired in advance for this, noone was surprised.

>>25693990
>I base this purely on gut and intuition
Same gut feeling here. XMR is not as correlated to BTC as other coins anymore, most likely because the use case is different (store of value vs. usable currency)
I'll pause buying until we reach like sub 110€ and keep plenty cash for after the BTC crash.

Friend texted me the other day that his boss was asking him if it's profitable to mine BTC on the company servers (they have lotta GPUs for AI). Notably the boss is a she, and has not a technical background - she's only there for the gains and not the tech. Normi fomo is high. No article in the local newspaper though, so were not at the end yet.

Are we going back up 10% today
Feels bad to be down

>>25694266
>events this week have shaken the establishment and elites
What are you talking about? The protest in the capitol was basically theater and the elites are consolidating their coup. Since confirming their faked election result they have now released a deepfake video of "Trump" conceding. They've probably murdered his whole family already. I'm actually more suspicious of BTC and TSLA for pumping during these times.

>>25693644
Thanks, monebro

>>25694441

I like that this is the "Buy the Dip" thread but we're substantially up in USD since yesterday.
>inb4 satfags

>>25693990

Bitcoin's current parabolic rise is so obviously a bubble yet most seem oblivious to it and think it'll just keep going forever, its tulip mania all over again. It might well last a while but at some point, just like during the Dot Com Boom & Bust, there is going to be a reckoning and reevaluation of all crypto, and few will ultimately be left standing.

>>25694812
Agreed.
This might unironically be the final pump for the buttcoiners

>>25694812
Certainly is a bubble, the question is just a matter of time + where whales and new institutional investors will set the top. It could be that it climbs to 100k and the new floor becomes 30-40K, or that it dumps back down to 10 today. Nobody knows with the volatility in that project.

>>25695166
>>25695181

To be clear, Bitcoin can and should continue to serve a purpose, after all Monero needs it for atomic swaps. But based on fundamentals and actual utility the ratio obviously should be waaaaaaaaaaaay closer.

Bump

>>25696619
I know it's gonna be a long wait, and I'm glad I get to shitpost with you bros all the way to the top

will this shit do anything in this bullrun? going to buy at some point but if its just going to crab whilst everything else moons i dont see the point

I wish there was a way to have actually hidden transactions instead of obfsucated transactions mixed in with decoys. As it is, the technology allows for plausible deniability only, it doesn't completely hide everything going on.

>>25697069
we don't care for short term moon, so it won't rise like the rest of your folio,; but we also won't panik sell, so monero won't plumet like the rest

bitcoin is the hedge against fiat, monero is the hedge against bitcoin (and all the shitcoins that move alongside it)

>>25697237
Send it 3 times to yourself than you are golden.

>>25697237
limits of the blockchain I guess
XMR has already progressed a lot since the original release, and will continue to become better over time

>>25697301
yep that's already a thing
https://monero.stackexchange.com/questions/4565/what-is-churning

>>25697237
churn if more privacy is needed, ideally at different times, at different days. For a 1 in 1 million privacy you need to send it yourself 5 times with the current ring size

They're increasing the number of ring signatures soon.

>>25697375
thankfully the transaction fee in Monero is very cheap, so this is very feasible

>>25697418
in short term from 11 to 17 is likely
in med term 64 or 128 is likely

Bought the dip I am now an XMR maxi by 1%

>>25697237
The amount and the recipient is hidden however. No transaction totals appear on the blockchain and no wallet addresses appear on the blockchain.
It is true that the sender is the most at risk because of ring signatures, but this is why ring signatures are constantly being looked at and tinkered with.
Be that as it may, there is no such thing as perfect privacy, so even if you did have a flawless type of system there would still be potential leakage of metadata.
>>25697305
It's the limits of blockchain yes, but all the limits of having a fully decentralized protocol without a trusted set up. In the future Monero will likely switch to some sort of zk system without a trusted set up, but these are still being developed and researched.

>>25697533
It took around 20 minutes for my transaction last night to confirm with 10. How long would 64 take?

fuggg, miner is throwing internal server errors
is it due to update?

>>25697682
>Be that as it may, there is no such thing as perfect privacy, so even if you did have a flawless type of system there would still be potential leakage of metadata.
That is true

>>25697695
you are confusing decoys and blocks.

>>25697237
They are actually hidden. Every tx on the blockchain goes to a one time stealth address. The amount is completely hidden. The ring signatures with the decoys are mostly to mask whether an output has been spent or not.

>>25696759
No matter what, i will always be shitposting here.

>>25697699
nvmd it fixed itself

>>25697695
The same. Block times are independed of the ring size and fixed at 2min; with network congestion it may take longer and you allways have to wait 20min before spending is possible

The main tradeoff with larger tings is transaction size (in kB) and transaction computation time. Both will be more damanding on the nodes' CPU but otherwise not noticable. The 64/128x upgrade uses a new algorithm and will perform roughly the same as CSLANG 17x, but has increased privacy

>>25697943
kek. nice oc.

bros
is the buttcorn tether fud real? cause if it is we gonna have a party in a weak

>>25698283
I think so. I don’t think it’ll send BTC to 0 overnight, but if theres any substance at all to the allegations, it’s going to be a blowoff and that’s that for this bullrun.

I mean BTC has already almost gone 10x in 9 months with a Mcap in the hundreds of billions, that’s AMAZING performance.

>>25698283
might be. even if it's not there will be a party because people will cash out or "buy the dip" shortly before the date. We'll see. It'll be exciting for sure.

XMR holding should be fairly safe though, I stand by this view:
>>25697286

>>25698283

I got my shekels ready to buy the tether dump

BORING coin

>>25698822
>BORING coin

Perhaps, but its as close as you can get to a sure thing.

>>25698822
Spend some to get entertained.