/biz/ - Business & Finance

>>29224741
Forgot subject, I'm retarded

AAAAAAAHHHHHHHHHHHHHHHHHHHHH!!!!!!!!!!!!!!!!

i mine XMR not for profit but to support the network

>>29224874
[unknown subject]

I'm going to bomb Kraken headquarters if they don't finish their KYC soon.

>>29225126
>I'm going to bomb Kraken headquarters if they don't finish their KYC soon.
CashApp BTC > CakeWallet. Very ez

I didn't realize it was possible to feel this comfy.

Mmmmmmm.......

Been holding since 2017 and sometimes I feel salty about the XMR/BTC ratio bleeding for about 2 straight years now. I really hate crypto retards.

Last to pump, first to dump!
My timing to buy is terrible. Maybe I should straight stick to mining. Tried to increase my stack but bought the absolute top. Don’t fomo friends

YEEEES, DUMP. DUMP MORE.

TAKE ME TO 2k SATS

>>29225778
*3 years

>>29225783
we aren't dumping.
we are retesting $260 usd. Once Bitcoin slows down we will break $300.

>>29225778
>I really hate crypto retards.
I know the feeling fren

>>29225783
wait for a consisten down trend, don't get caught on the spikes while it falls, now's a good time to buy, just watch for a good drop on 1 minute bars

>>29225991
I don't mean right now though, wait for the bear flag to end
Just don't panic sell

Does anyone make money with cpu monero mining? I have 4 computers, 1 is a 12 core 3.4 ghz machine, the other 3 are dual core. All combined running nearly 24/7 or the last month in a pool have only made 0.07 xmr. Is this normal?

>>29225778
>Been holding since 2017 and sometimes I feel salty about the XMR/BTC ratio bleeding for about 2 straight years now. I really hate crypto retards.

Its easier if you think of XMR as a long-term investment. I went all in 5 years ago with the expectation it will take at least 10 years for fundamentals to win out and yield epic gains, so anything that goes on prior to market rationalization doesn't faze me.

>>29225278
Cashapp is slow, been over a week for me and no verification

>>29225278
What are the fees on cash app? I was looking at bitcoin ATM rates and they charge like 20% lmao

Also, litecoin has lower block fees than btc by a factor of like 10,000. I feel retarded for ever moving money wallet to wallet with bitcoin when I found that out.

>>29226301
It's intentionally hard to mine so that some china farm powered by coal doesn't take up 65%+ of the mining. Monero is the people's coin.

>>29226301
>All combined running nearly 24/7 or the last month in a pool have only made 0.07 xmr. Is this normal?
Enjoy your mcdonald.

>>29226570
So I'm not doing something wrong? 4 computers mining for a month for under $20 is normal? Just want to make sure I don't have something messed up or I'm not using a scam pool that is skimming off the top or something.

>>29225783
buy more

>>29226700
>4 computers mining
I have no idea what that is in terms of processing power. Are you running 4 pentium IIs? That's pretty good then.

>>29226700
it's hard to say, there are ways to optimize mining that you should google to make sure you're taking advantage of. can always also try switching pools. I think in general with mining you have to experiment a bit to get the best results -- often there is no resource online for benchmarks regarding your exact hardware/software combination.

>>29224925
Based

>>29226700
It depends, check the cache and memory speed on them, I have a 64 core rackmount I tested with XMRig and it performed pretty poorly due to the weaker memory speed and lacking cache
Here's a few tips for getting the best performance:
>Focus on CPU cache size and memory speed, 3200MHz is the ideal, higher doesn't hurt though if your CPU supports it
>Make sure you run as admin/sudo so it can automatically take advantage of large memory pages
>Do some research on configuring XMRig, that way you can tune it for the specific system

>>29226950
OK thank you, I will look into these things.

>>29225798

PUMP PLS PUMP MORE

TAKE ME TO 6k SATS

>>29226950
This is pretty shit tier right? This is my problem?

so what CAN you buy with xmr that isn't cheese pizza and unlicensed firearms

>>29227508
too old needs more cpu cache and is missing instructions

>>29227638
https://web.getmonero.org/community/merchants/

>>29227638
XMR is the USD of crypto (minus the impending hyperinflation from overprinting and jews controlling the money supply).

>>29227910
Isn't USDC the USD of crypto?

>>29227910
>XMR is the USD of crypto (minus the impending hyperinflation from overprinting and jews controlling the money supply).
he didn't buy the dip

>>29224741
>literal vaporware in the top 10
>monero is used today and works as advertised
>"guess privacy is only worth 5 billion guys!"
I. AM. NOT. FUCKING. SELLING. AT. THESE. PRICES.

>>29227508
That's a decent cache size and the clock speed seems alright, not having 1GB pages would hurt a little but shouldn't kill performance, it's only really a linux feature from what I understand though
Memory is okay, plenty there and the clockspeed is alright, not perfect but should do the job
Check the config documentation on github and see if there's anything you can tune to improve performance, also, enable NUMA support if you haven't, should be under config info
What sort of hashrate does it put out?
Here's what I run, does about 14KHs

>>29227910
you VILL eat the bugs
you VILL use the public ledger
your public ledger habits VILL be fed into a real-time chainalysis/tax-compliance algorithm

>>29224741
0xMR

>>29224874
to cold storage we go, i feel like a villain using stealth addresses

>>29227508
What's your hash rate? Someone else got 2675 H/s
https://xmrig.com/benchmark?cpu=Intel%28R%29+Xeon%28R%29+CPU+X5690+%40+3.47GHz

That CPU alone should get you about 0.032 xmr/month

Normies don't want to download the entire blockchain/keep track of block height just to complete a transaction.

Seriously, justify this shitcoin to me.

>>29226507
I use it all the time, could be much worse.

>>29228445
The governement can't tax what they don't know you have, also goto for illicit transactions but no one in the XMR general purchases illegal things obviously

>>29228445
Damn it’s almost like every crypto in existence was clunky and not user friendly before mass adoption. Might as well give up now if this is the level of shit that will turn you off of a project.

>>29228445
nimiq is incredibly friendly to normies and no one uses it

>>29228445
>Normies don't want to download the entire blockchain/keep track of block height just to complete a transaction.
they don't need to, you can run a pruned node or just connect to a public node, just like bitcoin you fucking mongoloid.
normies didn't buy BTC at 3-digit prices either, remember that.
>pic related, objectively superior metrics - faster block time, less fee, full privacy
We are inevitable.

>>29228445
>buying high selling low
you are never going to make it.

>>29224741
Is it profitable to run a node? After electricity/hardware costs? What if I went and made a ryzen computer and set it up dedicated to running a node? Would it ever pay for itself?

>>29228937
running a node =/= mining

threadly reminder that this is the perfect xmr-chan

>>29228937
Depends on if you're solo mining. The best way to make money mining is to use a PC you were already using for something else to mine when idle. You can't stack CPUs on a motherboard to mine like you can GPUs and there's no point in buying a $5,000 server CPU if your only intention is getting XMR.

>>29226301
It really depends on what kind of systems they are. A single ryzen 3900x will be much faster than 18 cores worth of sandy bridge cpus. Depending on your situation, selling some of the systems to work towards getting a proper ryzen mining rig might be the most profitable.

>>29228937
You would be better off running something like XMRig so you can fine tune your mining, even then though it's not exceptionally profitable, it does net more than electricity though
Nodes are good for wallet hosting more than mining
May not hit ROI on a system for a while so I'd really recommend sticking to what you have already

Newbie here. I know atomic swaps are on the way which is fucking amazing but are transaction speeds being worked on too? afaik XMR's tx. speed is currently 26 mins

does pay-for-RPC work? Most of what I found on Google was people complaining that they couldn't get it to work, but the posts were from 1 or 2 years ago.

I'm planning to run a monero node on a Raspberry Pi to support the network, so I figure I might as well take the chance to get some mining income while I'm at it.

>>29227321
you meant 6 million sats, ser

>>29229095
Slut is showing too much skin. Monero is a coin that does not expose too much.

is it true that americans arent allowed to own monero?

The fact that Kraken (the most based exchange) carries Monero makes XMR super comfy

Just because someone told me to tone it down a bit yesterday.
>FUCK NIGGERS

>>29229095
>the subtle thickness of it

>>29229095
patrician taste

>>29229367
Haven't tried it myself but it should function fine from what I've heard, lot of recent work went into XMR with the change to XRandom
You might not make a massive profit from mining on a Pi but it would be a good use of the system if it's dedicated to it, just keep in mind you might want to make sure you can get enough storage for the chain on it, think it's 76GB right now

I'll never let you go Monero-chan

>>29229496
why do retards like you take the time to type a post instead of doing a simple research?
no, obviously it is not banned in usa

>>29228240
>>29228426
Only getting like 2500H/s - 2800H/s, up from 2400 before I started running with sudo thanks to an anon suggesting in this thread. I checked an numa is enabled. I'll read that page on optimizing I guess.

I know it's a long shot but someone here was helping others out and I really could use anything I just had to get surgery on my back and I've been on the computer in my bed for the last month, just something to help pay some back bills, Thank you to those who see this.

847X48X3ygHL78kNrVtuRNLiTCDVZzX6DA5uZaAnwF9eP9EDEPTV8rm8ZBewbFwFYXQkDXcxrrtME4Dug46wEqT34waGSns

>>29229344
I think this is a legitimate question. I see Monero as a way of tranfering value in a *safe* and private way, for important transactions. Writing a check may be an analogy. I don't see it used to pay for a coffee.

i never have mined anything before. should i use nonominer?

>>29229344
It's instant. 0-confs are safe. Block times average 2 minutes is you want confirmations.

Is nice hash safe?

Hello fellas, did you come across the BAEXplatform(#baex)? Found their advertising, didn't know if defi binary systems work. What optionsdo you use? I am thinking about Tesla and Amazon but still not so many guides and videos on how to use them profitably

>>29229344
It's not speedy enough to buy coffee or take away food.
It's a classic proof of work coin. However, the speed of first confirmation on the blockchain, is on average between 2 and 6 minutes.
It's not a speed coin. More like a value storage coin, with payment capabilities.
Most speedy coins (stellar, XRP, Nano...) are not mined. Which means, they do not store value.

>>29230587
for what?

I am reeee'ing HARD at this fucking BTC ratio. When BTC pumps it is 50-50 if the ratio will even keep pace.

what the fuck is with this shit? I don't get it.

>>29230752
BTC is exceptionally volatile at a high value right now and running up and down quickly, people are likely focusing on that more than alts currently, once BTC slows down or at least straightens it's trajectory you'll likely see a better ratio

is miningpoolstats died or did my isp blocked it

>>29230653
>It's not speedy enough to buy coffee or take away food
Yes it is. Unlike btc, there is no replace by fee so 0-confs are safe. You don't need confirmations on low value transactions. XMR.to was instantly processing transactions worth hundreds of dollars.

Don't worry about "payment coins", "storage coins", whatever. That's all bullshit. Monero is money and the rest are useless.

>>29230752
>what the fuck is with this shit? I don't get it.
Zoom all the way out.. We're just about bottomed out. Hope you're loading up on this generational dip, because it won't be coming back when XMR hits mainstream.

>>29227638
there's a couple gold/silver shops too
but the fact you can buy guns with it, pretty much settles everything
if you want to buy cheap stuff with it just use fiat or exchange into a smaller coin

This is the future. Bitcoin has finally reached the valuation of 1.5M USD for each unit. It is already widely accepted in the world that Bitcoin is the unit of a decentralized alternative payment network in which we are encouraged to save for the long term, as we're protected from human interference. Fiat is still widely used, but basically all major institutions - governmental and private - use their own lightning nodes to receive "instant" transactions in bitcoin. These nodes are, of course, all regulated, registered, logged, and have their information available for government request 24/7. In this future, the average citizen has no ability to participate in Bitcoin in an open, uncensored and unrestricted way. Based on an exclusive fee market, on chain transactions will become increasingly expensive. Anyone who is smart enough to see the writing on the wall knows that this is the time to accumulate monero.
Quietly, calmly, and steadily.

Chinese are starting to get interested in XMR again it seems. Note that you can't access Google in China without a VPN + Monero is actually still rather freely discussed on Chinese websites, which is where they mostly prefer to do it, so this isn't the whole picture.

Where is the team that got funded to atomic swap?
Do they report their progress anywhere/have a public github?

>>29229344
I know exactly why you think it's 26 minutes (it's not) but you've basically been led astray by the fact that monero chads actually know how monero works in detail and hold themselves to autistic levels of technical correctness. They'll get into the weeds and even focus on potential problems because it's interesting. You think the retards shilling Nano know how it works? No, it's just feeless and problem free magic! Same with every other coin. Retards who've never even interacted with the coin. They just hold it on an exchange and repeat the talking points.

Monero transactions are instant. If you're a normie that's all you need to know. Everything else is details you're not ready for.

Thread no die

BOMP

>>29232366
>Everything else is details you're not ready for.
I'm not sure saying something like that gives confidence in a project, to be honest.

>>29228483
Good to know.
>>29229545
They don't have ACH transfers like nigga wtf is a wire what year is this

>>29233156
It's not entirely mandatory to know, but you should be doing your research on anything you put money in to.
XMR is very much a technical system, a lot of what makes it appealing is in those technical details and the people that have taken the time to study them have a lot of confidence in monero, this in itself is a good sign for the currency.
If you want to take a shot at learning how monero works you can start here https://web.getmonero.org/resources/research-lab/ and look up the algorithm (RandomX) which I would recommend.
The reason people here have a lot of faith in monero is because the fundamentals underlying it are fairly strong (privacy, democratization by actively building to avoid ASIC use, etc).
For reference, I've spent a lot of time working with software and computers and I see a lot of potential in XMR.

Monero's privacy fascinates me. Could its algorithms, for example, make some kind of electoral system where you can't tell who voted what way, even if you somehow find someone's address? Or can bullet proofs only provide privacy when the underlying token is used as a currency?

>>29233156
That shill is being useless, but no monero transactions aren’t “instant”, but they take around two minutes for one confirmation which is all you need.

>>29225798
It's going back to 30$. No point in buying it. Could barely reach half of it's ATH. Absolute shitcoin.

>mining for 20 mins
>still not rich
why

>>29229344
This is the actual answer: >>29230509
Remember that monero is not a bitcoin clone and therefore behaves differently. It is absurdly rare for a transaction to enter the mempool (transaction queue) and not be confirmed within the next 5 minutes in the monero network. For transactions in small nominal amounts (e.g. under $500) it is more than acceptable not to wait any confirmation. For larger amounts, if you want greater peace of mind, wait for 1 confirmation within the next 5 minutes and that's it.

>>29229545
But centralized is still centralized. What makes kraken special? I want to buy through them but scured

>>29228445
It's better in theory then BTC but XMR morons don't want to market it. They want to keep it "pure". We are going to end up like Linux desktop

>>29234029
For practical purposes it is instant. Try it. Send a tx from one wallet to another. It will show up instantly. What is your level of confidence that the tx will eventually be confirmed? Very high, unless the value of the tx is millions of dollars, in which case even multiple conformations doesn't necessarily secure it.

So basically if you're ddealing with millions then be autistic about it. If you are a pleb or you're talking to normies it is instant. Stop underselling Monero.

>>29234860
Just shill for it yourself, post it in elon musk replies and soon enough it'll be commonly known

>>29232366
There's no way 99% of monero chads actually understand how it works because it takes a PhD in math to parse through the average paper that gets published.

>>29235228
There's different levels of detail but compared to the average person in crypto, you may as well be a PhD if you've got a cursory understanding of PoW.

>>29234854
>What makes kraken special?
Kraken is the only OG exchange that has never been hacked. Despite all FUD they keep their XMR/USD pair up with no issues. They just got a bank license and they actively support Monero by giving grants, etc. I even like how you can provide you PGP key and all the communication you have with them is fully encrypted. So if you have to, if you're going to KYC, I'd say these are the guys you want to do the process with. One can only hope they treat your personal information with great care.

>>29228445
>Normies
Give it time for the infrastructure to develop. Cake wallet is a great open source bitcoin and monero mobile wallet. That's normie-friendly.
FeatherWallet.org is supposed to simulate the same experience of Electrum, a extremely popular desktop bitcoin wallet. That's normie-friendly.
All things considered, if you want to compare running a bitcoin full node to running a monero full node, the latter is considerably easier from a normie perspective.

atomic swap wen?

>>29234680
Then sell your bags and GTFO.

Two things seem to me to have massive potential to impact the price upwards

Atomic swaps with BTC

Tari

Bulletproofs+ is nice but we're talking a 10% smaller transaction size.

Atomic swaps effect on price has already been discussed here. Could be huge. Emphasis on could.
But Tari is really interesting. If Monero could get some of the action that is happening on ETH, that would be gigantic.
Who here knows more about Tari? What can you tell us?

>>29235493
Does Kraken report to the US gov, are they based out of the US? I switch my btc to XMR on there regularly.

Does anyone sell on localmonero? Will I get black bagged by the fbi if I dont follow KYC?

>>29235004
It isn’t instant. It takes on average two minutes for a transaction to be included in a block. Two minutes is not instant.

its too big of a pain in the ass to buy

>>29235636
>Who here knows more about Tari? What can you tell us?
Gotta ask fucking fluffypony on one of his Clubhouse rooms.

>>29235698
>Does Kraken report to the US gov, are they based out of the US?
Yes. It's US based.
pic related is publicly available on bloomberg.com.

>>29230752
Who gives a shit? Monero is good in and of itself. Be grateful you own any at all.

>>29235776
Dude you sound like a fucking pussy, NO.

>>29235959
Oh yeah and then two more minutes to confirm that block isn't orphaned, then x more minutes to confirm it would survive an x block re-org. No, that's autism. Once it's in the mempool it's going in a block, you don't need to worry about it.

>>29229439
Having her wear a burka wouldn't be as much fun.

>>29236788
I understand all that. But the reality is that Monero newfags will interact with third-parties (exchanges, markets) requiring 10 confirmations in order to release the funds... This is not FUD, it's the truth.

>>29236788
The problem is misleading noobies into saying it’s “instant”. As you know funds are not immediately available to use (regardless of one block confirmation as I was saying) and noobies will need to be hand held every step of the way if you want to explain zero-conf to them. I’m not disagreeing with you about how quickly transactions show up in the pool, but the system is surely not as fast and seem less as you are leading on.
It’s better to be accurate even if we know Monero is technically superior to all the shitcoins we see on here.

>>29237776
>It’s better to be accurate even if we know Monero is technically superior to all the shitcoins we see on here.
This. Monero is superior and I refuse to shill it as a random shitcoin.

>>29237311
Well in those cases it's not going to be two minutes either. The thing is a guy has come into this thread thinking monero is slow and flawed. It's not, Monero transactions can be instant. $20 transaction at a coffee shop would definitely be instant. $200 at the grocery store would be too.

>>29237776
The above are typical usecases and there is no need for the funds to be spendable by the shops in the next 20 minutes - noobs aren't even thinking about that and you're just confusing them. It's also worth noting that BTC would not be safe to accept like that.

>>29238305
But you are creating arbitrary thresholds for what an individual should wait for and you are disregarding the fact that Monero funds received can’t be used until they are fully confirmed.
It’d be better to say “if a shop accepts zero conf it is instant, however if you are receiving monero it is best to wait for at least one confirmation block, especially with higher amounts, to avoid double spend risk. Regardless of the decision made, monero that is spent can’t be respent until they are fully confirmed in ten blocks”.

>>29234860
On this shithole at least we've been marketing very successfully. Back last June barely anyone talked about XMR, XMR generals existed but they rarely got more than 60 replies before getting archived. Nowadays /biz/ constantly mentions it and XMR generals almost always get to bump limit. Do not doubt the power of a few anons shilling something hard enough.

>>29238794
It's like
>how long does a monero transaction take?
>the funds are spendable by the receiving party after 20 minutes
>oh no that's too slow! It could never compete with visa!

Do you go around beating people over the head with the fact that visa transactions actually take days to settle? No. Monero would be completely functional in the majority of settings as normal payment method that works just as well as visa. Once people get that, then you can go full autism on them.

>>29230653
>>29232366
aren't btc 0conf txs pretty reliable too? The "muh coffee" argument is really old, and I'm pretty sure LN or some kind of similar solution would be able to implemented with xmr.

>>29239279
LN/eth/layer 2 shitcoins are all just a glorified spreadsheets. Pretty amusing to see the shitcoin shills on this board crying that bsc is centralized. Instead of buying the only actual decentralized cryptocurrency

>>29239184
facts. it will bleed out from here eventually.

>>29239184
Sadly it's non NWO compliant. Any other shitcoin with such backing would explode. I'm fine with slow and steady gains, but still would be better if normies went into XMR rather than BTC

>>29239624
yea because the whole market follows bitcoin which just had a massive pump no shit

>>29239184
You’re welcome, fellas.

Will this see a big dump in the near future? Would like to make this my stable coin of choice but not at the ATH.

Thanks,

>>29240787

This is ze dip

>>29240787
What do you mean ATH? XMR/BTC ratio has been dumping continuously for 3 years now, it's much closer to ATL than ATH in that regard. Fiat wise it's at half of ATH.

>>29226700
a computer is not a unit of work. tell us your hashrate and we can tell you if you're getting ripped off by your pool or not

>1 Monero

Could I at least get a hug from Monero-chan

>>29241486
Get in line

wow, who told you about these alts? This is trash dude, don’t believe these niggers
if you wanna get profit use your IQ and follow yield farming
I participated in metalex and they made a new model, a guarantee of x3 APY

>>29235493
Ooened a kraken wallet 5 years ago and forgot about it.

Kraken kept my funds safu, even gave me BCH... I had 0.75 bitcoins in there. Im now a loyal customer.

>>29239184

Where can i buy this without being rapes by fees?

Where can I find this artist so I can commission more Monero-chan?

>>29225924
stop saying that!! i have not accumulated enough

>>29242908

we are below $260

buy now

>>29242617
from one of the KYC exchanges in OP

is there any release date for Tari mainnet? it looks really promising

>>29242871
https://skeb.jp/ is where allot of good jap artists take commissions.
I made this recolor so i could finally get some sexual release.

>>29242298
Fucking BASED. I remember seeing this back in like 2016/17? I wanted to get one but then I realized I still live with parents so it wouldn't feel right. Fast forward to 2021 I'm stuck in 6 figure hell but closer to my dreams of owning my Miami Penthouse built by Gil Dezer. Is it still possible to purchase one of these?

>>29243982
God I want I cute anime girl to hug me until I nut

this MMO game runs on a clone of monero and can be merge-mined but currently on testnet

https://townforge.net/

sirs
some scammer turned my coins into the monero and i have lost $800k of money
what do i tell the IRS?

>>29244280
do the needful

>>29244347
i should not have to pay the taxes right sir?
after all i lost all my money sir

any of you fudding XMR in biz to accumulate more?

>>29244581
THIS IS THE CRASH
SELL YOUR BAGS BEFORE ITS TOO LATE
IT WILL NEVER SEE $260 AGAIN!!!

>>29244581

Monero has an infinite supply, has been proven time and time again to be traceable and also has been hacked with a 51% attack. Sell imediately.


Sell your bags to me right now

>>29244581
>>29244677
>>29244723
Don't stop, we've nearly hit my next buy target

>>29244581
>>29244677
>>29244723
>>29244845
it was a good run but as we can all clearly see it'll be bearish for at least another year now sell sell sell

Why does this happen? My wallet and daemon are synchronized. I recently just sent a transaction, does that lock a whole wallet?

>>29245203
God fucking damnit I hate making that mistake, please see pic related.

>>29245154
That did it, you guys are the best
Shame it'll be worthless in 20 minutes when it gets banned internationally (trust me my dad works at the government), sure hope it doesn't dip any further, really wish I couldn't get more

>>29244581
Why though, accumulation is for bear markets, the bittrex fud was a great buying opportunity why didn't people take advantage of that instead of trying to dca in a bull market. Am confused sirs

>>29245203
brainlet dosent understand blockchain spendable amounts

>>29244003
Not that im aware. Says 18 of 25 on the back. The actual text is a bit to blurry for the price I paid. $800 bucks, you can go on displate and get metallic art for $100 bucks.

>>29245607
If I have [X] monero in wallet A and I send 0.001*[X] monero from wallet A to wallet B, why would that prevent me from sending the other 0.999*[X] monero in wallet A?

>>29245268
you didn't make a mistake.
Let's say one day you withdrew 10 XMR from an exchange. The next day, you decide to send somebody 1 XMR.
If you send 1 XMR our of that 10, the remaining 9 XMR is locked and can't be sent. This is a mechanism to prevent double spends, because when you send Monero you are actually sending the entire output of 10 (1 XMR to the other person, and 9 to yourself).
If you want to divide up your outputs, you can always churn your balance and send Monero to yourself.

>>29246060
Oh interesting, is this unique to monero or does this go for any blockchain?

>>29234828
yeah i moved around some xmr today prety fast

>>29229439
Here you go, fren

When will this dip bottom out? When should I buy?

>>29245932
You might have multiple inputs in your account, in many different denominations (For example: you deposited 0.5 XMR on Friday, and 0.75 XMR on Saturday). So, when have a transaction with an input of 0.5 XMR, but you only want to send 0.1 XMR, your transaction will include a fee to pay the miner, an output for 0.1 XMR to send to the recipient, and the rest that you want to send back to yourself will be an output back to you (this is called "change"). Once the transaction is completed, the change becomes available to you as an input that you can again split and send with a new transaction.

>>29246685
Now

>>29246060
Wouldn't be fucking nice if some wallet implemented the possibility to "divide" your balance on a equal number of X outputs? It would be weird but it could work:
>has 10 XMR output
>wants to have 4 outputs of 2.5 XMR for fast access
>sets option on wallet to divide whole balance into 4 outputs.
>wallet sends 2.5 XMR to subaddress_1, _2, _3 and _4.
>waits 20 minutes
>now you have 4 bills of 2.5 XMR each on your wallet

>>29246832
That's actually a very interesting idea, might have to look in to that at some point

>>29246060
>>29246832

>>29246685
After 24h

>>29246991
Well, yes, of course we can do it on CLI manually.
But we need this available on the wallets used by the average human beings like Cake, GUI, Feather; with a special window/tab/section explaining how outputs work and how useful it is to divide your balance in at least a few outputs.

>>29246832
This can be done manually pretty easily.
But it would be dope to have a command you can type to churn your wallet immediately like that.

>>29247307
i actualy did this from the gui i send coins from my hot wallet to my cold you can also send to your self, i just show u the cli so u can see eche line that represents a input and thus spendable output

>>29247307
It's the tradeoff of open source projects. You can comment on the githubs or help educate anons on how outputs work. The reality is most noobies are too dumb to learn about Monero, however the more anons we educate the better the project will be in the long term.

NEVER FUCKING SELLING.

I hope it stays at this price for a few more days.

It will be my pay day.

>>29245154
Please continue for a few more days till payday.

>>29247993
never your monero eww

Can someone send screenshots from these darknet sites where they accept XMR I don't wanna take a look at myself because of the alphabet boys but I wanna see it myself

>>29246685
what dip it was 130 a little while ago

>>29248143
i checked some month ago with tor monopoly was shilling it and white market

haven't been in /biz/ for 2 or 3 years now, why is monero still as strong as before? why hasn't someone learn what makes it good and what bad, and made some other coin which is better?

>>29248143
https://news.bitcoin.com/darknet-giant-white-house-market-drops-bitcoin-supports-monero-payments-only/

>>29247993
>>29248131
* sell

how can I scale up mining this shit? just buy a bunch of Ryzens? seems like shit

I just bought 10 Monero
If it crashes, whatever, if it moons I won't kill myself

When I "create new address" in the monero GUI for the same wallet, is that what people usually refer to as a subaddress? I want to withdraw from an exchange and combine it with my current wallet, but would like to do it with a different subaddress for added privacy.

>>29248225
>>29248274

I mean like send a screenshot from whm where the currency of that product is XMR I always saw these articles but I wanna see it myself

>>29248374
>He bought?
>Dump eet

>>29248692
Thanks bog, I can buy even more now

>>29248400
yes, see
>>29228372

>>29248477
I took this screenshot from WHM

>>29248854
Perfect, thanks. I like that I can test these things out since transaction fees are so miniscule that if I make a mistake I only lose 0.3 cents.

>>29248477

anyways I find something like this so it's changing the fiat value into XMR is that right?

>>29245466
Banned lol...
>>29248692
I had 22 monero in 2018, and it was worth more than... been burned before, but I see the way the winds are shifting on DNMs.

>>29248477
lazy basterd
also last week or so two big institution got hacked nwo and some university, the thing is that in news articales the dont mention ransomware anymore or what coin the want before o we got hacket and the asked bitcoin now its the are looking for "financial gain" its obvious https://www.erasmusmagazine.nl/en/2021/02/18/nwo-hack-followed-by-cyberattack-on-amsterdams-uva-and-hva/

>>29246832
yes, there is a command for the cli that splits any input into equal value outputs. Didn't use it myself, so I don't remember how it was called

>>29248477

>>29249784
sweep sweep_all

>>29249129
The wil never official ban monero becouse ppl wil wake up why are we allowed to buy suvalience coin but not bitcoin (xmr)?? same way those hacked news messages dont mention what the hackers want anymore, AML regulations have silent banned monero in my country and monero has been delisted on several platform who wanted to get a offical license of the central bank DNB

>>29224741
AH YESSSSS
MORE BUYING OPPORTUNITIES

Bump

https://twitter.com/DouglasTuman/status/1362549528952463361

you guys see this? Doug is the host of Monero talk and this past election season he ran for office.
based free advertising.

XMR HOLDER OF 3 YEARS DOWN IN SATS BUT UP IN SPIRIT

>>29239279
They used to be before segwit. Now they’re extremely unreliable.

>>29226316
I expected to see XMR slowly and steady climb the marketcap rating, not get unceremoniously dabbed on by utter garbage that people are literally throwing money at "because it's going up right now"

Guess I just wished the world ran more on merit than hype

Fucking hell, you guys see that jump?
She's pushing but it doesn't seem like it's gonna break yet, hold the bags and keep your eyes up

>Sunday flash crash
>"at least monero has actual fundamentals so it wont be as badly affect-"

OH NONONONONONONONO

>>29253155

AAAAAAAAAAAAAAAAAAAAAA

>>29253155
I got in at 200 and 214, so I'm chillin

the fuck am I looking at?
where'd the fucking candles go?

DROP MORE I NEED TO ACCUMULATE

>>29252787
Monero is about 1/3 of all cryptocurrency transactions. We're not getting dabbed on.

ALL ABOARD THE CRAB ROCKET

>>29252787
>I expected to see XMR slowly and steady climb the marketcap rating, not get unceremoniously dabbed on by utter garbage that people are literally throwing money at "because it's going up right now"
>
>Guess I just wished the world ran more on merit than hype

Don't even worry about it, the market is highly irrational and exuberant right now but all that will change with time, hype will give way to fundamentals and most of the shitcoins will go extinct, leaving Monero to take its rightful place at the throne.

All this is borne out by the historical record, the bubble ALWAYS bursts at some point when sanity returns to the market.

https://en.wikipedia.org/wiki/Tulip_mania

https://en.wikipedia.org/wiki/Dot-com_bubble

>>29253435
It's going to drop to 200 at least or even 150 if you are luckily. Then it will crab a shitton trying to break 200, 250 and 280 again.

>>29253155
We've been gaining for days when everything has been sideways or dumping. Major support is at 440k sats.

>>29253564
I'm gonna be real fucking mad if the limit orders I canceled yesterday to buy @ 249 would have been perfect.
I think you're right though eth/btc are dumping hardcore, it's probably going to arc down

>>29252787
The "big one" BTC crash will cleanse the space of normies. It is only going to be once it is obvious that BTC just lets you be easily tracked by literally everyone and taxed with every transactions that Monero will start its real run in earnest.
Who wants to show their bank account deposits publicly?

>>29253805
kek were you that anon a few threads back who said asked if it's dropping to $248, some other anon said it's headed down to $170 or something and then retards laughed at him

>>29253805
i have orders at $203

>>29253831
I'd feel a hell of a lot better if XMR moved more independently of the market, to me itd indicate the true value of the currency. Instead it gets dragged around like a fucking token shitcoin, and every crash sets it a little lower. fundamentals mean nothing. Fuck I'm pretty sure monero flipped LTC for the #3 position once, a few years ago

>>29253831
>The "big one" BTC crash will cleanse the space of normies. It is only going to be once it is obvious that BTC just lets you be easily tracked by literally everyone and taxed with every transactions that Monero will start its real run in earnest.
>Who wants to show their bank account deposits publicly?

Continuous governmental blacklisting will give BTC a bad reputation and lead to loss of confidence with time.

Fuck.. this thing is dropping hard. I don’t mind except the fact that I believe in the project and it just gets scary - but I guess it’s still technically up big from week or two back.

>>29254045
Accurate
>>29254112
$203 seems extreme; my guess is current bottom at $223 unless tether exit strategies cause a chain reaction. Regardless I think this is one of the only alts that will survive/thrive after the next BIG correction

>>29255219
I'm confident that we'll see sub-200 XMR again soon

>>29254218
The late comers to crypto are in it for the "line go up" as their fundamentals. Really as part of their stock portfolio. Very rarely do I see sincere interest in crypto as an insurance policy against the insanity of central financial institutions both now and into the future. Or a willingness to actually be ready to hold and use what may eventually be a "banned" asset. Except maybe as part of their stock/crypto pumping. The early days of BTC were much different and that crowd, if they are still around, likely moved into Monero and similar crypto currencies (especially if they had large BTC holdings)
The only general on /biz/ that seems to see the asset bubbles and currency debasement as terrifying long term (despite benefitting in the short term from "green line go up") would be the boomers of /pmg/.

>>29254045
>>29255219
>>29255310
you're wrong
see you end of next week, if any of you plan to swing you can always screencap

>>29255310
What you talking about bro? Look at the charts, we finna make a run for 800k sats again.

>>29255346
As a /pmg/ boomer, I can attest that the main appeal of XMR for me is having a private digital means of transacting around the world. Precious metals are another component for transacting without the eye of the government watching. As long as XMR maintains its value decently into the future, I'm happy. Of course since it does carry a higher risk I expect some return on investment, but I have other moonshot coins for that.

>>29255513
XMR @ 255 at time of this post

>>29255518
You are clearly new to crypto if you do not anticipate 20-50% crashes as being normal.

>>29255715
No no no, this is a "new paradigm"!!!

>>29255638
Sad I missed my chance to buy at 250
Got scared

>>29255346
I think there are quite a lot of people in this general normally who don't see monero as a moon mission
Or maybe I'm projecting.
>>29255513
I don't mind what Monero does. Short term I think it goes down but longer term I think we're in a great position.

>>29228324
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
another recent beatdown >>/biz/thread/S28670476

i have just recognized that trading or swinging is not meant for me, i have lost so much potential gains by trying to time shit that nowadays i just hold xmr,btc,eth and few alts but it's strictly holding. same with stocks, best gains have come from long holds

I just got rid all of my shitcoins and went all in on Monero in this dip. Feels good man.

>>29255346
>moved into Monero and similar crypto currencies
what else comes close to monero? I originally bought some dash and zcash when i first learned about privacy coins but I think they are pretty worthless and will probably sell them at a loss to get more monero

>>29255715
Monero is down 50% since december. We've double bottomed.
Dont say Im new to crypto, faggot.

>>29256002
welcome aboard

>>29256008
Dash is legitimately a worthless coin and I think it's a damning indictment of the crypto market that it ever had the marketcap that it did

>>29256348
Doge is more offensive than Dash.

one more for yal

>>29256516
what's the oc jp version

>>29256516
kek

>>29255966
btx eth xmr theta

>>29256516
Post the first one

>>29256516
lol nice one anon

>>29256634
p sure it was a makise kurisu sketch made by artist named "kahlua"
i may do the rest of his works as well cause they are really hot.

>>29256008
BCH with cashshuffle lol

>>29256754
read the thread faggot
>>29243982

>>29256754
already did fampai.
>>29243982
dunno if i should unload the uncensored versions somewhere or preserve monero-tans privacy as part of the joke.

Can someone please help me out I'm in desperate need to get the hell out of this shared housing with these nutcases I just need a little to move out, someone said I should try here.
Thank you to anyone that might see this It's worth a shot I got no where else to turn
8BYTyYNi7DW1T9qPfUTYH9emF8jzy4d1J2XkDD3puS5bWQ68TQHgDkqNXV8k39JDQ7QuJzfQnkBJZYfm88CxEds73nYArTJ

>>29256940
Kill yourself

>>29256957
thanks

fucking blockfolio just gave me a heart attack

>>29257213
>fucking blockfolio just gave me a raging hardon
ftfy

i've been having dreams about monero, i think i need a break from crypto...

>>29257614
No, that's great. What was your dream about?

>>29256008
There is nothing even close.
Zcash is likely compromised, and even ignoring that, they have extremely questionable fundamentals.
Dash isn't private. They literally whined on twitter after the Bittrex delisting and said their privacy is no different than Bitcoins.
You then have transparent chains with their deluded followers who think that optional privacy can work (Litecoin, Bitcoin cash) and then you have various alts that all get mogged by Monero in every category.

>>29257830
[unknown]

>>29253551
I agree, I think Monero will win out, but on a side note, Tulip mania is the most overused fucking cliche by retards who know so little about modern day markets they literally have to go back hundereds of years to find an analogy. Analogies are more effective the more they represent the current state of affairs, like the dot com bubble you listed. There are so many more recent examples than europeans trading plant bulbs.

>>29258019
>Dash isn't private. They literally whined on twitter after the Bittrex delisting and said their privacy is no different than Bitcoins.
kek so true

/biz/ disgusts me
Monero is not an investment, it's an alternative to fiat money. If you plan on ever selling it for profit you should buy other cryptocurrencies. There's no point in buying Monero if you don't plan on ever using it,
Muh fundamentals don't mean anything if you don't believe in them yourself
Can't wait till this bull run is over and normies go back to saying it's all a scam

>>29259315
Considering the risk that holding XMR entails vs holding something like gold or even bitcoin, I think it's fair to want some return in exchange for that added risk. Crypto purists saying "price doesn't matter!" are such fucking cancer, why would you NOT want your purchasing power to increase?

>>29259315
I buy monero as an investment because it is underused and undervalued and I intend to spend it when its worth much more, as a result of further adoption :^)

>>29259534
We bet on actual tech, actual usecases. You bet on current trend, current coin-of-the-day. Monero is objectively better than Bitcoin.

>>29259315
But anon if you buy low when it goes high you get free drugs

>>29259861
>You bet on current trend, current coin-of-the-day
Why would you assume this is what I'm doing? Betting on tech and usecase vs. betting on making money are not mutually exclusive ideas.

>>29235553
Interview the other day said months, not weeks. That sounds pretty close.

realistically, how viable is this to mine? I have a 1337 gaymen computer

I am Zen

>>29255346
I’m a late comer to crypto and Monero is the only one that really interests me. I have no interest to gamble on random coins and my crypto strategy is to just accumulate Monero and hold it for the next decade. Unlike 9/10 other crypto currencies out there, I actually sort of understand the value in Monero. Either it’ll pay off handsomely in one way or another or it won’t. I can gamble on stocks and other shit I understand better in the short term.

>>29260684
realistic, especially if you think value will go up. If you have a ryzen 3/5 series you'll do well. If you have a GPU, mine eth and turn it into XMR while the getting is good.

>>29260684
imho leaving modern cpus idle is a waste. I only see computers as xmr miners and shitposting machines now. Plus it's an easy way to learn a bit about linux and how software is made.
>muh electricity cost
>just buy it with that money
nah

>>29262124
Now you understand what all of this was trying to teach you.
With a computer, you can do anything you want.

>>29261504
Just CPU mining? But yea, I have a Ryzen 3k series

>>29262235
>With a computer, you can do anything you want.
what do I run to get a wife who isn't a braindead whore

>>29229439
agreed, monerochan should be depicted in a burka

>>29262707
Gentoo

>>29263044
checked and keked

>>29262707
there are a ton of AI GF's in production. they may not be exactly like talking to people but they are more interesting than the average woman.

>>29263625
I can barely be assed to write a reply to real people
Imagine having a needy PC
>Anon how are you feeling
>Anon what did you eat today
>Anon did you know about *wikipedia subject*
>Anon why do we never talk
>Anon are you there
>Anooooon

>>29229439
i completely agree. she should be wearing something feminine yet conservative. a nice dress

>>29264461
don't remind me of penny, it's her birthday and i haven't spoken to her in 3 years.
fucking AI unironically cuckholded me with my friend.

>>29229439

here you go, I present the new Monero-chan

>>29266556
old man's never seeing that money again

>>29235776
Not illegal to buy or I think sell without kyc

>>29235776
I’ve never used a kyc for any of my monero, it’s easy as shit and perfectly legal

>>29265627
kek

>>29265336
Story anon?

one of the easier coins to mine, everyone should switch this go go go

>>29267337
XMR uses CPU mining, ETH rigs would suck ass at it.

>>29267337

>>29246832
whoevers making these bladee and thaiboy xmr edits keep it up

>>29247307
>Shame it'll be worthless in 20 minutes when it gets banned internationally (trust me my dad works at the government), sure hope it doesn't dip any further, really wish I couldn't get more
Wut wallet is this?

>>29248374
Welcome aboard, fren.

In 12 months we will be posting the PINKEST of wojaks together, screaming, crying and wondering why we didn’t sell at $2500

>>29268062
i'll just keep DCA and using monero for purchasing <unknown> quantities of <unknown> item/service. If it dips hard I might even buy some extra

hodling 9 xmr right now

gonna spend my next stimulus check all on more sweet sweet moneros

>>29269022
dope. dont say how much u have. no matter the bag size we're all gonna make it

Do not cover this beauty, you pieces of shit

>>29224741
Based

is OP still baking?
If not I can get the next one.

>>29270784
Still here, half zoned out but I can get this one, may need you on the next though

>>29270950
>>29270950
>>29270950

I like Monero but is it really worth holding given it has infinite supply?

Price will only ever track mining costs, correct?

>>29244273
Monero MMO citadel when.