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26780235 No.26780235 [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.26780350

>>26780235
Comfiest hold

>> No.26780519
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26780519

Fire Sale Today - $126.77

Suicide Stack 18.7, $2370.59
Comfy Stack 50, $6338.5
Make It Stack 100, $12677

>> No.26780574
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26780574

Holy lol
I'm so glad I passed on this. I would literally have made $0

XMR bagholders dont into opportunity cost

>> No.26780771

Wouldnt it be smarter to pass on this "fire sale" and wait for the inevitable crash.

why would anyone buy now when we're overdue a correction and the stock markets are on the brink of big moves.

I might buy a bag if it gets near $50 in the next month or two

>> No.26781414

>>26780771
based on what cryptobro

>> No.26782327

>>26780771
you sound like my dad

>> No.26782698

>>26780574
It was never about the money. It's about fucking the government

>> No.26782892
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26782892

>>26780771
it's always a fire sale when the coin is worth thousands. Monero today is Bitcoin in 2015

>>26782698
fucking based.

>> No.26783257

>>26782892
Atomic swaps will be the nail in the FUDders' coffin

>> No.26783439

I need y'all's help, tl;dr I'm a fucking moron who lost access to some Monero that I'm trying to get back.

So, back in like 2018 (2019?) I put like $60 into Monero, can't remember exactly where I bought it but I used bitcoin and ended up saving it to a Mineshaft wallet, which required me to download the whole blockchain (can't remember exactly but it was more than 200 Gb).

Fast forward to a few months back, I was trying to fix a startup bug on my PC, so I wiped the hard drive that had the wallet on it. All the info I wrote down was my mnemonic seed, the "wallet restore height," and my password.

Is there any way to find my Monero? Or is it basically gone now that I deleted the blockchain? I tried to find a current build of Mineshaft, but I guess it's dead or something cause I can't find anything.

Also, if it can be recovered, is there a way to do it that doesn't require downloading hundreds of gigs of data?

>> No.26783600

I'll pick up a bag at $20

>> No.26783680

>>26783439
yes lol the mnemonic seed is the one and only thing you need. Just download the official Monero wallet and click "restore from seed" on setup

>> No.26783872

>>26783680
Oh hell yeah, thanks man.
Does the official wallet require me to download the full block chain? And, if so, are there good alternatives that don't where I can restore from the same seed?

>> No.26784341

>>26783872
you can choose to either use a remote node or run your own node and download the blockchain (it's just over 100gb)

>> No.26784518

>>26783872
Connecting to a remote node exposes your ip to whoever runs the node, but that's pretty much it. You're essentially streaming the blockchain from someone else who downloaded it, so you don't have to. One way or another, your computer needs to see the transaction history of the network in order to see how much money you have.

>> No.26784903

>>26780771
This. A dump to below 3 figures is very likely based on previous chart patterns, might be smarter to stack up then. Either way it's a make it coin.

>> No.26784982

>>26784341
>>26784518
I looked around a bit and apparently the HDD I formatted wasn't the one with the blockchain, I should be able to get my old wallet back up and running. Thanks y'all.

>> No.26785030

LMAO, this topic is full of niggers shit shilling
Don’t join this trash if you want to save your cash
They still try to bring new retards for their shit pools and bases systems
But I know one thing, only one top rebase platform now - Base Protocol, so I don’t believe in fake shit

>> No.26785231

>pajeets still swarm these threads like flies on a designated shitting street
>they only shill absolute trash like base, 0xmonero, zcash, dash, piratechain etc
Fuck off

>> No.26785734
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26785734

>>26784903
Show me which charts and what the reasons for those movements were? I'm all for buying in cheaper but I cant find and evidence to suggest other than
>source trust me bro
not to say there isnt a source but it seems more like speculation

>> No.26785784

Imagine buying a POW coin in times of Avalanche , Cardano , Marlin , etc...
Lmao
Like buying horse shares after automobile shares launched.

>> No.26786377

>>26785734
People around here say it will be a few years until monero moons. Depending on who you ask, it's either 2 years or 4-5 years. This is obviously a long time, and the implication that monero will stay around 150-200$ for that extended period of time just doesn't seem that feasable. Ofcourse it could go above 200$, but it could also go back down to 2 figures. Just look at the charts. And in the end, it's just speculation, i can't predict the future or manipulate the charts.

>> No.26786438

>>26780235
How can it be private Bros the government sees everything

>> No.26786477

>>26780235
XMR is the only other crypto worth having other than BTC

>> No.26786559

>>26786438
cryptography

>> No.26787130
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26787130

>>26786438
So you're just going to give up on your privacy?

>> No.26787155

>>26780235
If you buy Monero you'll own nothing and be happy. Buy 0xMonero if you want to make it.

>> No.26787168

>>26780519
Is this accurate? Yr predicting 10,000 per Monero?

>> No.26787248

>>26787155
Fuck off Kashmeer

>> No.26787723
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26787723

>>26787155
nope. 0xmonero is still vaporware bullshit
just like the last hundred times you spammed it
stop trying to steal from people by lying to them about the capabilities of the project
https://www.reddit.com/r/CryptoMoonShots/comments/i27fhk/0xmonero_summary_of_findings/
>>/biz/thread/S24750658#p24755504