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25802391 No.25802391 [Reply] [Original]

Welcome to the Monero General, dedicated to the discussion of the world's leading decentralized p2p privacy cryptocurrency!

Monero is secure, low-fee, and borderless, meaning users can send XMR around the globe despite corrupt governments or broken financial systems. Innovative privacy features such as Ring Signatures, Stealth Addresses, and Ring CT (hidden tx amounts) ensure that Monero's blockchain is obfuscated -- the financial history of all Monero users is encrypted from the prying eyes of adversaries on a public blockchain, with the proof of the transactions being possible by a Monero user willingly providing a view key for a specific transaction if needed.

Monero has also improved upon the scaling downsides of the current popular cryptos. To avoid high fees, dynamic block size ensures that the size of the blocks will increase as the amount of txs goes higher. Further, the mining network algorithm Random X establishes that anybody with a CPU can participate in mining, preventing the ASIC miner domination that creates a high barrier of entry. Lastly, the mining network will be preserved by Tail Emission -- instead of the block reward falling to zero like with Bitcoin, the block reward will gradually approach 0.6 XMR in May 2022, where it will forever stay. This constant linear inflation means the inflation rate will asymptotically go to zero while continuing to provide an incentive to miners to maintain the network.

If you still have questions, feel free to ask and a Monero Chad will be with you shortly.


OFFICIAL WEBSITE - https://web.getmonero.org


WHERE TO GET MONERO?

>KYC:
Binance
Kraken
Bitfinex

>Non KYC:
Local Monero
Morphtoken
Bisq
Kucoin
Tradeogre
Crypto ATMs
see: kycnot.me

>Mining
https://archive.is/TWOah


HOW TO STORE MONERO?

>Desktop
Gui/Cli (recommended)
MyMonero
Exodus
Feather

>Mobile
IOS: Cakewallet
Android: Monerujo
NOTE: MYMONERO FOR ANDROID IS A SCAM. DO NOT DOWNLOAD ON GOOGLE PLAY.

>Cold Storage
https://archive.is/DEfsP

>> No.25802622

>>25802391
can you include this link under >mining for monero mining benchmarks in the generals?

https://archive.is/I8uts

>> No.25802717
File: 138 KB, 1280x720, BEF67D6C-7254-4EA1-8B56-728E46EC94F5.jpg [View same] [iqdb] [saucenao] [google]
25802717

MY BODY IS CHROME
MY BLOOD IS GASOLINE

>> No.25802799

Did we reach the absolute bottom

>> No.25802838

Is Monero the perfect exit for exit scamming?

>> No.25802881
File: 6 KB, 250x250, 1609192856657s.jpg [View same] [iqdb] [saucenao] [google]
25802881

>>25802799
not yet, absolute bottom was 0.006 kek

>> No.25802933

>>25802838
Why do you think BTC is dumping and XMR is pumping right now? The Tether guys realize that they are fucked so they are stashing as much wealth as they can away into XMR so when they finish their short prison sentences (probably like 2 years or less lmao) they can cash out.

>> No.25802937

We will stabilize around 170 and that’s when you buy more. Last sale before lift off

>> No.25803006

>>25802933
i doubt they're this smart. all these boomers think monero is the devil.

>> No.25803058

>>25802933
I can't even buy XMR in this country without going through odd processes that depend on shady sites.

>> No.25803092

>>25802933
What if XMR dumps hard then their bags are worthless

>> No.25803099

My cat enjoys this Monero pump :)

>> No.25803195

Waiting for gay homosexual pajeet to shhill his 0XMR and glowies to FUD XMR

>> No.25803227
File: 705 KB, 1080x2103, 16100758814201.jpg [View same] [iqdb] [saucenao] [google]
25803227

>>25803092
this anon seemed to call it

>> No.25803281

>>25803227
>>/biz/thread/24828235
It's
All
Real

>> No.25803288

All crypto currencies are just elaborate scams so that people can collect monero

>> No.25803427

I have a 3-year-old Binance account. Can I just buy BTC at Coinbase, send it to the Binance wallet, jump on non-US VPN, and login to Binance to exchange for XMR? Or does that mean I'll go to federal pound-me-in-the-ass prison?

>> No.25803442

>>25803288
High iq post

>> No.25803542
File: 139 KB, 747x788, 45349734945907.png [View same] [iqdb] [saucenao] [google]
25803542

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.

>> No.25803627
File: 628 KB, 1000x660, 1515912810941.jpg [View same] [iqdb] [saucenao] [google]
25803627

You guys honestly sound like fucking newfags. One day of pumping 25% is nothing. It's one whale washing a lot of bitcoin in a hurry. XMR whales will sell to overzealous buyers until it settles back down again near whatever the 90 day average is.

I am long XMR but you guys seriously need to chill the fuck out and accumulate quietly. Be patient.

>> No.25803633

>>25803288
88 checked

>> No.25803664

>>25803058
How are swap sites shady?
simpleswap seems legit (not shilling, idgaf what site you use), I know there’s a few others.

>> No.25803805

So since a market that shall not be named is down, can we consider this a coordinated attack on crypto (with unintended consequences)? Tether regulations hit the clear coins while marketplace DDoS attacks assault the privacy coin ecosystem?

>> No.25803952

>>25803627
You are a fucking coward protecting your own ego in case you're wrong

XMR is going straight to 4 digits
I'll eat my stunning 9 inch cock with some fava beans and a nice chianti if I'm wrong
t. The man who can buy and sell you like the slave you are

>> No.25804064

>>25803058
You can swap in Exodus.

>> No.25804121
File: 153 KB, 354x344, 1608800959742.png [View same] [iqdb] [saucenao] [google]
25804121

>>25802391
I tried to buy -an undisclosed amount- but then it was hard and I got sleepy and didn't.

>> No.25804144

>>25803227
he said price recovery isn't even close yet, are we at disbelief or depression?

>> No.25804166

>>25804121
(((they))) like it when you're a lazy fuck

>> No.25804207

>>25804121
Are you smart enough to at least realize you deserve your life of poverty?

>> No.25804210

>>25802937
i hope so

>> No.25804230

>>25803952
>XMR is going straight to ATH
delusional moonboi

>> No.25804340

>>25802933
Naval
https://twitter.com/naval/status/1348424058367401985

>> No.25804427

>>25803664
Where do you store it reliably after buying?

>> No.25804483

>>25804230
Monero has MarsBois Oldfag

>> No.25804494

Can I buy Monero with a credit card? I've been accumulating BTC over the past four months and finally hit 0.5 BTC and I really don't want to lose any of it.

>> No.25804613
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25804613

>>25804494

>> No.25804641

>>25804483
XMaRsbois