/biz/ - Business & Finance

happy tail emission bros

>>49464155
lol, the fbi guy :D

PREVIOUS THREAD: >>49407567

STOP MINING IN MINEXMR
>START MINING IN P2POOL
STOP MINING IN MINEXMR
>START MINING IN P2POOL

P2Pool combines the advantages of pool and solo mining; you still fully control your Monero node and what it mines, but you get frequent payouts like on a regular pool.

P2Pool has no central server that can be shutdown/blocked because it uses a separate blockchain to merge mine with Monero. There's no pool admin that can control what your hashrate is used for or decide who can mine on the pool and who can't; It's permissionless!

Decentralized pool mining (P2Pool) is pretty much the ultimate way to secure a PoW coin against 51% attacks. When P2Pool reaches 51% of the total network hashrate, Monero will be essentially invulnerable to such attacks.


YOU CAN NOW MINE IN P2POOL DIRECTLY FROM THE MONERO GUI WALLET!

If you have a PC or laptop:

1. Download Monero GUI
https://i.imgur.com/ZGefPef.png

2. Pick 'Advanced' mode
https://i.imgur.com/4c0uSE4.png

3. Set up your wallet
https://i.imgur.com/4lMKh00.png

4. Keep the default Daemon settings "Start a node automatically in the background"
https://i.imgur.com/maACmmT.png

5. Once sync'd, go to Advanced->Mining and pick 'P2Pool'. If you have a laptop or low-end PC (~50 kH/s) pick "Mini" pool, else pick "Main"
https://i.imgur.com/E60JeMG.png

P2Pool-compatible remote nodes if you do not have your own local copy of the blockchain:

>p2pmd.xmrvsbeast.com - (Western Europe) (rpc-port 18081, zmq-port 18083)
>myxmr.net - (Northern Europe) (rpc-port 18081, zmq-port 18083)

OTHERWISE SWITCH TO A SMALLER POOL, IT TAKES YOU 30 SECONDS AND YOU CAN JUST SOURCE A DIFFERENT CONFIG FILE IF YOU DON'T WANT TO FUCK UP YOUR EXISTING ONE.

Many inexperienced miners think that big pools give better profits which is not the case. Your profits in the long run depend only on your hashrate, not on the pool's hashrate.

https://web.xmrpool.eu/xmr-monero-easy-mining-guide.html
https://monero.hashvault.pro/en/getting-started
https://www.supportxmr.com

*****/XMR/ Monero General Info-Dump*****
>*****/XMR/ Monero General Info-Dump*****
*****/XMR/ Monero General Info-Dump*****
>*****/XMR/ Monero General Info-Dump*****


Learn more about Monero's key features and excellent future prospects, have some common misconceptions dispelled and discover the cold hard facts about Bitcoin, Zcash and PirateChain. Also featured is a noob-friendly buying, storage and wallet guide.


>Monero: it's what new Bitcoin users think they bought. Every feature, explained
https://moneroinfodump.neocities.org


>Why Monero is so untraceable: a rundown of the powerful stealth tech Monero utilizes
https://moneroinfodump.neocities.org#MoneroIsUntraceable


>The Writing on the Wall: Monero replacing Bitcoin as the new standard
https://moneroinfodump.neocities.org#MoneroReplacingBitcoin


>Breaking News: no, Monero still isn't traceable
https://moneroinfodump.neocities.org/#RecognizingTraceabilityFUD


>Vaporware: why nobody is worried about CipherTrace's magic crystal ball
https://moneroinfodump.neocities.org#CipherTraceFail


>Very Clever Math: how we can verify that the XMR supply isn't being inflated
https://moneroinfodump.neocities.org/#MuhInflationBug


>Pssst, wanna buy some Monero? Follow these simple how-to guides
https://moneroinfodump.neocities.org#BuyAndStoreMonero


>Bitcoin: The Original Non-Fungible Token
https://moneroinfodump.neocities.org#BitcoinBlackpill


>Why Monero is Better than Zcash: the "privacy coin" criminals won't touch
https://moneroinfodump.neocities.org#ZcashBlackpill


>The Lowdown on PirateChain: why this Zcash clone is considered a scam
https://moneroinfodump.neocities.org#PirateChainBlackpill


>LATEST UPDATES

- added Proof-of-Stake update to Zcash Blackpill
- added list of available desktop/mobile wallets
- expanded all sections with more relevant info, graphics & videos
- added easily linkable headers and sub-headers (link icon to the far right)
- added a new section about traceability FUD

>The irrational exuberance of cryptocurrency investors

Irrational exuberance is characterized as a hype-fueled mania that causes investors to massively overestimate an asset's real-world value. In this delusional state, investors tend to become so smitten with expectations of greater profits that they disregard the assets’ potentially weak fundamentals and drink the proverbial Kool-Aid.

This then leads to them recklessly and repeatedly buying into whatever asset is currently rising in the charts, thereby triggering and/or sustaining an asset bubble. This bubble is kept inflated solely by the mass delusion that the market price is justified and will only keep going up in future, effectively becoming a self-fulfilling prophecy. Note that bubbles can last for years, especially in an age of easy investor on-boarding. However, when history inevitably repeats and the bubble bursts that optimism invariably turns into panic as the asset crashes back down to its real-world value.

In finance, the "greater fool theory" suggests that one can sometimes make money through the purchase of overvalued assets—items with a purchase price drastically exceeding the intrinsic value—if those assets can later be resold at an even higher price.

In this context, one "fool" might pay for an overpriced asset, hoping that he can sell it to an even "greater fool" and make a profit. This only works as long as there are enough new "greater fools" willing to pay higher and higher prices for the asset. Eventually, investors can no longer deny that the price is out of touch with reality, at which point a sell-off can cause the price to drop significantly until it is closer to its fair value, which in some cases could be zero.

This effect is often further exacerbated by herd mentality, whereby people hear stories of others who bought in early and made big profits, causing those who did not buy to feel a fear of missing out.

Never forget what this is ultimately all about.

Friends, what if federal reserve or treasury decide to reduce the burden of US Debt by devaluing US dollar by, say, 50%. Overnight.

What would you think will happen? in both micro and macro?

>No tail emission = Bitcoin is fucked

Right now, at the current hashrate, miners break even on energy expenses at a BTC price of $22k. Post 2024 halving, that break even point, at the current hashrate, goes up to $44k. If BTC does not go to $44k, miners will be unprofitable and hashrate will have to drop (miners going out of business) to reduce the cost of securing the network, also reducing the security.

If you know anything about the power of 2, you already know that things get very big, very fast. If we’re 3 halvings into 32 total halvings, then the estimated break even point for miners at current hashrate going into the last halving would be:

$22,000 * (2^27) = $2,952,790,016,000 per BTC

$2,952,790,016,000 per BTC * 21 Million total Bitcoin = $62,008,590,336,000,000,000 BTC Market Cap

The block rewards shrink so fast that after enough halvings bitcoin would eventually require a $2.95 trillion price per Bitcoin and a $62 quintillion market cap to sustain the current cost of $7.15B/year.

Even if these numbers were somehow realistic, can you imagine securing a $62 quintillion market cap on only $7.15B/year of hashrate? Lol.

And that’s assuming energy costs do not increase at all over the next 120 years, which they will.

So basically BTC mining will eventually become so unprofitable the hashrate (network security) will shrivel up UNLESS it is subsidized by BTC transaction fees.

https://cryptostackers.substack.com/p/bitcoin-is-not-a-store-of-value

>>49464329
inflation, that's what you would get because a dollar can now afford less.

>>49464404
Inside usa, yes sure, this leads to inflation. But what about in eurodollars?

What would be a fair price prediction for XMR after tail emission begins?

>>49464619
You would probably actually see shortages because you would be able to buy more with the EURO

Why do you mine or buy monero knowing that it provides a way for criminals to evade the authorities ? Some sources say that 5% of monero is controlled by criminals. That means they majority of monero traders are providing liquidity for the criminals. So if all the non criminals stopped using monero then criminals would either lose a large chunk of profits or have difficulty converting back to cash and the authorities would likely catch a lot more criminals. These aren't all media pirates and shitcoin scammers, there's human traffickers and organ harvesters and hitmen and dictatorial countries evading sanctions and all the worst things you can imagine. Are there not other coins that will net you similar profits?

>>49464345
You're putting too much consideration on mining. It's clear that at some point, mining for profit will simply cease to exist. Companies will still run a handful of miners and collectively they enable to network to function. Mining for profit is just a lottery system to entice adoption. Validating transactions can still occur even after everyone stops mining for profit.

>>49464619
Interesting question. I am not at all well-versed in economics so on one hand I feel like this could cause some kinda huge crash, on the other hand it could be as simple as everyone just denominates 2USD = 1 old USD and continues with business as usual, except with americans having half as much buying power in the entire world. I honestly have no idea where reality would fall, and would love to hear an informed analysis by someone who can into economics.

I feel like institutional money will be completely assraped because holding either US bonds or just dollars is a relatively widespread way to hold wealth, meanwhile the average joe will not be affected except indirectly in case other things around him start crumbling. I have no idea how much average industries and the like will actually suffer due to this.

>>49464691
30 - 40% increase

>>49464801
Human traffickers and organ harvesters have always existed and will continue to exist. There's always a way around the system.
>countries evading sanctions
ohhh noooo

>Are there not other coins
Nope, there is literally no other coin that provides similar guarantees of actually owning my own money, no ifs no buts.

>>49464691
.0000032% decrease per block

>>49464801
>>49464801
In an unjust world being a criminal becomes a necessity. The vast majority of people who use monero are using it to buy drugs not using it to purchase child porn. People said the exact same thing about: Bitcoin and Tor. This FUD is a story as old as time and you need to go back.

>>49464798
If dollar milkshake theory is right USD will get really powerful in relation to other currencies.. Thats what bugging me.
( see DXY, it has already started )

>>49464804
>Companies will still run a handful of miners and collectively they enable to network to function.

Companies, you say?

>>49464982
I mean, I would mine just to keep the network up. People don't require profit to do something. If that was the case tor would be inoperable.

Reporting in

tor irc- https://pst.klgrth.io/paste/tzm4s
Aliases- https://pst.klgrth.io/paste/bjbx3
Extras- https://pst.klgrth.io/paste/daxte
Nodes- https://pst.klgrth.io/paste/ke2k8
Mining- https://pst.klgrth.io/paste/c7na4

>>49464852
>Human traffickers and organ harvesters have always existed and will continue to exist. There's always a way around the system.
But monero removes a crucial piece of evidence that is used to prove a criminal has done something, the proof that money exchanged hands. You can see here that they use transactions as a way to track and catch people
https://www.fbi.gov/news/testimony/combating-money-laundering-and-other-forms-of-illicit-finance
The point being it makes it considerably harder to catch people and increases the chance they will never be caught

>actually owning my own money
I don't get it. If you have a dollar bill in your hand you own it. If you find a bit of gold on the ground you own it, as long as nobody else owns it then no-one is going to take it off you

>>49464826
>30 - 40% increase
how do you figure?

>>49465221
Freedom or security choose you can't have both. Would you rather live life as a sheep being told what to do but protected by the Shepard? Or live life as a Lion doing as you please but at Great risk. Every man must choose

>>49464884
>In an unjust world being a criminal becomes a necessity
Not really. Nothing that's a necessity is illegal
>The vast majority of people who use monero are using it to buy drugs not using it to purchase child porn.
Maybe. I haven't really seen any stats on the various crimes and their monero volumes. But if something enables say 100 people to buy heroin but there will also be one child that's kidnapped and raped because the kidnapper found out he can't be financially traced does that make it ok? I can understand the drug argument too, I've sent cash in an envelope overseas to buy marijuana seeds because they're illegal here. But the weight of the crimes needs to be considered and also the technology. If I was caught buying those seeds they could find me but the crime is very minor so i took the risk.

I'm not trying to lecture people either I just don't get the mindset

>>49465450
Read my post before that's the mindset

>>49465429
>Freedom or security choose you can't have both
false dichotomy useing monero is better For freedom and security. Most Decision which involve increasing freedom also increase secuirty. The idea "you can only have freedom or secuity" is lies told by people who try and take away both freedom and security.

>>49465429
I have as much financial freedom as I need though and I don't want to make life easier for criminals. I don't think there's anything I need to pay for that would justify making things easier for criminals as the trade off. I'm talking the worst criminals though, ones that ruin other people's lives, physically or financially or what have you

>>49465515
>>49465534
I think I addressed that here maybe

>>49465450
>because the kidnapper found out he can't be financially traced does that make it ok
Sat on a CP jury in the US, super interesting. As LEO told it in that case, most of their investigation is done through bait, and networks of actual picture sharing, not through the financial portion.
CP makes a great scare tactic because the general public finds it abhorrent and knows almost nothing about it, but the individuals involved are intrinsically motivated and not necessarily driven by money.
(possibly not true overseas, but I don't think that monero would be the biggest hurdle to investigating such a crime ring overseas)

How many days until tail emission?

>>49465221
>If you have a dollar bill in your hand you own it. If you find a bit of gold on the ground you own it, as long as nobody else owns it then no-one is going to take it off you
Well, mostly yeah. The main issue is that both dollar bills and especially bits of gold are very impractical to actually make use of. Gold basically needs to be sold before you can make use of it in 99% of cases, and that requires physically going to a gold buyer - or mailing it and waiting several days for the post to deliver it. Incidentally, it can be very annoying to transact with gold without going through a huge regulatory hassle - you generally can't just waltz up with a gold ingot and get cash in return, anonymously. Nor do the opposite. Travelling across country borders with anything but a trivial amount of gold requires a ton of documentation.

Dollar bills are much more practical, but they still need to exchange hands physically - I can't send money to someone in another country, or even order online with them. Moreover, dollar bills have a HUGE issue: they are all basically controlled by a central bank, which can devalue my bills at will at any time, or declare that my specific bill is tainted for some reason. I don't actually own the bills, the central bank does, and controls how they can be used and to a certain degree how much they are worth. And again there are usually limits on international travel with large sums of cash money.

Monero solves the problems all of those have. There is no unaccountable authority that can alter its value or properties. There is no requirement to provide documentation when buying, selling or sending. Being digital, it can be sent instantly to anybody else, at home or abroad.

In practice, is paper money good enough? Probably. In practice a bank account and a bank card are good enough for most people, too. That doesn't mean that Monero doesn't have distinct and unique advantages that nothing else can replicate.

>>49465373
Completely pulled it right out of my ass. No one can predict this but if I know anything about how markets react to events like this it will probably be a slow rally up to some support levels and it wont be anything drastic either.

This is also a fucking clown world though so anything is possible really.

>>49465534
So would you rather everything be monitored and tracked to catch criminals? Would you have people give up their right to privacy to stop those that are doing illegal activities?

>>49465564
yeah that's just an example of one group known to use it, but there's many others. Even just scammers in crypto, they can ruin peoples lives and and it's purely financial and they almost exclusively use monero and tornadocash or various other mixers. Hearing how many people killed themselves over that luna crash i can't imagine how many have done similar due to being scammed or rugged in crypto. And those kinds of criminals are doing these things because of the existence of monero whereas they probably wouldn't have before otherwise there was no way to withdraw the money they stole

>>49464804
>Companies will still run a handful of miners and collectively they enable to network to function.
So the network is """secured""" by only a handful of companies?

>>49466030
Like getting rid of Xmr would stop or slow any of this. Don't you get it the ones who do the most damage our the ones who also are out of the reach of laws. You would only be stopping petty small time criminals and people who value their privacy.

>>49465802
with cbdc's i think everyone being financially traceable is inevitable. Maybe they'll have some way to obfuscate details of who owns what address and the gov will only be able to uncover the details with a warrant or similar. On the upside of that maybe we'll get to see what the gov is spending money on, so things like 2 trillion dollars going missing like back in 2001 doesn't happen again

>>49465221
>monero removes a crucial piece of evidence that is used to prove a criminal has done something
t. lazy gumshoe
gonna have to do detective work the old fashioned way. you can start by indicting maxwell & epsteins "johns". Funny how the whole case is assumed solved and swept under the rug.

>>49466212
>Like getting rid of Xmr would stop or slow any of this
with crypto scams it absolutely would. With other crimes maybe, like I was saying some criminals may only be doing a crime because they know how easy it is to hide their transactions and get away with it. I know nothing is going to happen anytime soon. I imagine the gov will regulate or ban it sooner or later though

>>49466281
Ya that's all fine and dandy because ATM you agree with most the laws right? But laws change constantly what's legal now may be illegal In the future or what's illegal may become legal. Your setting up a dangerous system. This is unlikely but let's use it as an example. Say in the distant future they ban all tyles of charity and donations because the people at this time believe it makes society weak and enables people to be lazy etc. Then one day your walking down the street and you some family begging for money. Your a good guy right you would like to help them out but wait you you also don't want that on your record. You know as soon as you give them anything the power that be would send an agent over to investigate the transaction. You decide it's better to just ignore them and go home after all you're a good citizen not a criminal. This example is dumb and simple but you see the point I'm making. There needs to be a balance between the people and those who govern them. From your point of view you would just give all the power to the people in charge and trust them to do the right thing and have your best interest in mind.

>>49465570
>days
no. minutes. watch here https://p2pool.io/tail.html

>>49466641
~5.5 hours remaining

>>49466641
Oh
Should I buy some more before it happens?

>>49465802
yes bro
the government should just put cameras in the house of everybody
we need to make sure we catch bad criminalrinos
our privacy would be over, but it is for the common good, govt is not going to do anything bad, it's not like we have anything to hide. Lives are being shattered as we speak. Government has to do something and there's not much time.

>>49466921
nah. DCA to your current schedule.

>>49464801
>Why do you receive or withdraw cash knowing that it provides a way for criminals to evade the authorities ? Some sources say that 5% of cash is controlled by criminals. That means they majority of cash traders are providing liquidity for the criminals. So if all the non criminals stopped using cash then criminals would either lose a large chunk of profits or have difficulty converting back to cash and the authorities would likely catch a lot more criminals. These aren't all media pirates and gay fudsters like myself, there's human traffickers and organ harvesters and hitmen and dictatorial countries evading sanctions and all the worst things you can imagine. Are there not other coins that will net you similar profits?

>>49466966
I'm guessing when you take a shit in a public restroom you leave the door wide open since you have nothing to hide right?

>>49466993
Alright thanks

>>49466560
Like how they regulated and banned drugs right? Because we all know that stopped the drug trade/use the day the laws/regulations were put into place

>>49464345
I saw the original post, shout-out to the guy that wrote this eloquently showcasing another major flaw bitcoin has.

This text needs to be a single image to share it easily.

>>49464801
>Why do you mine or buy monero knowing that it provides a way for criminals to evade the authorities?
Why do you use a car knowing it allows criminals to escape.
Why do you use a gun knowing it allows criminals to kill.
Why do you use a phone knowing it allows criminals to set up plans.
Why do you use money knowing it allows criminals to pay services
Why do you use a bank account knowing it allows criminals to store cash
Why do you use submit to authority when it has stumped its boot on you? Wake the fuck up. Your logic is nonsensical.

You either give privacy to everyone or risk censorship by giving it to only a select few. Physical cash is also private, Monero is just more convenient.
Crime will always exist, how about track and trace actual criminals (i.e. not weed smokers) instead of the moronic track and trace of a "virus" that you need to be tested in order to know you have it. Point being, there are other ways to catch criminals, but since you also have criminals "in charge" it would be counterproductive. All politicians are corrupt, some more than others.

>>49467777
CHECKED

>>49467395

>>49468062
Bless you anon.

Please post cute xmr chan

>>49467800
how many times does this have to be debunked?

>>49468521
anon, that is the look that says, "thank you for ensuring generational wealth free from the tax glowies".

>>49468521
Huh?

Almost time

4 blocks

>>49468606
betting .xx minexmr.com will get it

2 blocks

grats

>some faggot (((niggers))) still using
>muh crime as an argument
god you are retarded how much crime do you fucking retards think happen in USD compared to monero?

The difference is so vast it's not even comparable. Do we ban USD? No we don't. Shut the fuck up dumb faggot.

AAAAAAAAAAAAAAAAAAAAAAAAA

happy tail emission bros

>>49468711
FUUUUUUUUUUCKING HELLLLLL THE BASTARDS GOT IT

it was a tiny block.

>>49468779
Based

>>49466281
You’re the fucking guy from the pol thread aren’t you?

>>49468826
a small block, with a big impact

Happy tail emission fags

>the most important block in Monero's history since the genesis
>and nobody has to do a damn thing to update for it
Sometimes the smoothest software events are the ones you don't notice. Cheers, anons.

>>49468873

>>49468779
>>49468826
>>49468820
Great success.

dont care if its already been posted

>>49468903
I'm waiting for Mental Outlaw or his copycat Luke Smith to make a video about it (reaching gnu/normies)

Newfag, whas does tail emission even do?

>>49469185
should we fill this reddit spaces thing with monerochan
https://infinitumx.io/collaborate/image/QmXd1jtDLtbgRiqvB8ZZoPUmJA13eejr3Shxt61jaBujqi

>>49469225
It reduces the amount of Monero that the bot net operators will dump.

Retards think this will help the price hahaha

What they don't realize is that it doesn't fix the lack of demand that Monero has

Do I witness history right now?

>>49469225
block reward will be 0.6 xmr forever
https://localmonero.co/knowledge/monero-tail-emission

>>49469266
We have, you'll be able to tell your grandkids you were there to watch the world reserve currency take it's final steps into maturity.

>>49468779
Did tail emmisions start?

>>49469268
I see, what was the previous block reward rate? 0.63?

>>49469368
It was asymptotically decreasing towards 0.6 from the original block reward.

>>49469354
yup

>>49469454
yo based. Are we about to pump?

>>49469505
not much news today about the tail emission. so, I don't see a pump.

It is tail emission time my dudes

>>49469545
Makes sense.

That reminds me, how the fuck do I know when I get monero from mining?

Burgers have failed us. I was expecting a nice rally today based on tail emissions being hit.

Managed to increase my stack regardless, the $200 resistance is going to be broken past sooner or later.

>>49469777
I have literally been stacking monero lmao waiting for this

>>49469597
braaaap

>>49469265
>What they don't realize is that it doesn't fix the lack of demand that Monero has
Le network-effect retard meme...
That's a non-technical "issue".
Remind me how well the btc network effect was performing pre-2016 (last time its value was ~$230).
Back then people were making the same claims about Bitcoin that they make today about Monero.

Realistically how much xmr would people pay for a good picture of monero chan? I'm not at the level yet, but am curious if there is a demand.

I recall someone mentioning they were working on a Monero browser wallet. What became of that?

>>49470396
>Realistically how much xmr would people pay for a good picture of monero chan?
About 1-2 xmr or more if is really really good, I guess...
>there is a demand.
Ofc, check https://www.monerochan.art/
Other artists have their own sites like https://www.themonera.art/

Does anyone have a link to that website that uses monero for buying shit? It's like a big index of places that accept monero as payment.

>>49469597
>>49469266
>>49468919
>>49468903
>>49468873
Cheers anons. Glad to experience this day with you guys.

>>49470743
I see, that is good. Well I guess I'll work on my drawing skills. I always have to wait hours for my trades to close anyways.

>>49470902
it used to be in the OP posts though i don't see it now
i'd link it if i could remember the name of it. likely someone else here does though

HAPPY TAIL EMISSION, EVERYBODY!

>>49470902
monerica . com

>>49470902
>>49471047
https://monerica.com/
Found on https://monero.observer/resources/

I don't even own monero yet kek (I've been studying it hard)

>>49471129
0.6 XMR per block FOREVER!

>>49471251
Bruh

>>49471079

XMR.to? That shut down a while back.

>We can finally sniff monero-chans tail emissions
A good day for /biz/, and therefore, the world.

Why are monero cucks so excited about reaching tail emission? Don't they know that MWEB makes Monero irrelevant?

>>49472438
Yes, please tell us more about how irrelevant XYZ-coin is...

>>49472438
>MWEB
getting a taste of our lifestyle. welcome!

happy tail emission day bros, wagmi

>>49472753
I hear about that LTC privacy news in the morning, how come no one on Biz is talking about it? iirc someone said BTC in the future might get a privacy option too. Fuck the gIowies.

>>49473782
Yeah, it's curious since LTC was often used to migrate funds between exchanges. Had a reliable use case that is now in question and may be of dubious or at least unproven utility as a privacy coin.
It's been more of a proving ground for BTC though. A lot of LTC improvements have later been integrated into BTC, but if mimblewimble proves harmful, even economically then it won't be approved. I don't think ideology will win in this case.

>>49474212
Stealth addresses were originally made for Bitcoin, but they didn't (and won't) add those either.

>>49471263
>>49471129
i'm a brainlet, is this gonna make mining more profitable or less profitable in the short term?

Braun was here, when the tail emissions started.

>>49474652
So was I, but you don't see me bragging about it.

>>49474620
Short term it won't make a difference.

>>49474764
Fug that one looks like a monero cake. If anyone bakes that please post pic. And recipe.

THE MONERO MOON (ISSUE 46) IS OUT NOW! Grab a coffee or a beer and kick back for a read. Like, share, and spread the word of Monero as it continues to grow and offer unmatched financial privacy.

https://www.themoneromoon.com/p/the-monero-moon-issue-46?sd=pf

>>49475527
Thank you John, I'mma read it over a late night snack.

>>49475527
Thanks, anon.
I'm dying over the lizard tail emission pictures.

Speaking of moon, is this the decoupling I always hear of?

>>49475558
No snacks.

>>49475895
Too late. Fuck I'm fat. Don't worry monerobro I'll run a 5k when the sun rises, promise. I'd post a running xmr-chan but there isn't one yet.

>>49475527
based and thanks
>>49469597
so cool

>>49474542

Yet they keep promising that BTC will be as private as Monero "eventually" lol

>>49466560
>with crypto scams it absolutely would.
Retard. Financial scams are as old as time. Even today the VAST majority of scams don't even happed in crypto in the first place. When they do use crypto, more often than not it's because of crypto's reputation as a get-rich-quick machine, and the "crypto scam" is nothing more than duping a normie into sending fiat by using buzzwords like blockchain and bitcoin and promising 2000% returns in one month or something - with no actual cryptocurrency being exchanged.

Yes, there's definitely lots of scams that take place in actual crypto, and a proportion of them involve using Monero to cash out, but this portion is still tiny.

And Monero did not fucking invent money laundering.

>>49464345
Speaking of, I remember reading an article that compared the mining rewards vs. the market cap of the network vs. the cost to attack it. The idea presented there was that for tiny networks attacks are very easy for small entities; right now Bitcoin is in a goldilocks zone where it is infeasible for small actors to attack it, and unprofitable for large actors (e.g. states) to attack it; and in the future as block rewards go down it will become profitable to attack again, by those huge actors.
Anybody know the article I'm talking about?

>>49466030
Lol, jesuschrist "Think of the xyz!" You faggots are so annoying. You people and your perl clutching are always behind anything new and innovative and you refuse to shift your position no matter how much people debunk your propoganda because you are most likely glowies.

The same exact shit was levied against BTC back in the day.

Because XMR is a medium of exchange it's price will remain stable like gold did when it was used as a medium of exchange. Don't expect this shit to moon

>This is because full blocks get a reward penalty and mine less than 0.6 XMR.
I'm too lazy to DMOR, why are full blocks penalized - doesn't this harm scaling during congested periods by incentivising miners to drop transactions that could have fit into the block?

>>49477800
Full blocks penalised to make it game theory optimal to not accept explicit spam txn

otherwise there's be botnet attacks to spam txns and block order flow from actual people

now, miners(validators of the blockchain) do not have to accept every transaction when blocks are near full: this is important as block size itself is flexible and could make for dummy thicc blocks caused by bot attacks(bad because you don't want fertile grounds for spam and overstress your infrastructure to its absolute limit for basically no sustainable incentive)

>>49477970
Ah. I assume the idea is that real people will be willing to pay more fees than spambots, right?

>>49478032
more like priority transactions(actual txns) would appear first and get validated. making a larger block penalises the block reward of 0.6 xmr as we don't want miners to spam transactions from their own tech. 2 min cycles on each block so it's more than easy to get your transaction done 2 mins later in case of congestion

I'm also pretty new to most of what the devs are doing so bigger brained anons can feel free to add to this

Dumped on btc. The allure of the smart contract. Gas, Girls, Gwei. Sucked down hard on defi's teat. By the skin of my teeth. One collapse, one million more to go. 20 billion uncollateralized regrets, and I just want to come home. Never sold a single xmr and never will. Never leave you again, baby girl.

>>49480012
>the last thing you see when you die

>>49464155
Can you mine monero with a gpu?

>>49464155
What are XMR transaction fees like?

IS my XMR really safe from the taxman?

What is a realistic (not crazy hopium) price for XMR in the next couple of years?

>>49482212
You can do pretty much anything with a modern GPU.
The better question is whether it's faster than on a CPU, and the answer is no, by design.

>>49482251
>What is a realistic (not crazy hopium) price for XMR in the next couple of years?
how's $250 sound

>>49482251
>What are XMR transaction fees like?
I think it's something like $0.002 right now? Ish.
>IS my XMR really safe from the taxman?
The taxman cannot view it on-chain. However, the taxman could still deduce your ownership through many other means, such as
- if you keep it in an exchange account (and the exchange shares data with the govt)
- if you publicly declare your ownership
Additionally, if you obtain XMR through traceable means (e.g. buying on a KYC account), while you have plausible deniability and for small sums it shouldn't matter, in theory you might hypothetically get audited. In that case you better have an explanation as to where your funds went.
>What is a realistic (not crazy hopium) price for XMR in the next couple of years?
Almost certainly more than $150, given that Monero's in active use and the tech is only getting better and more proven with time I don't see its value dropping much long-term regardless of what happens in the wider crypto market.

>>49482528
>obtain XMR through traceable means
That's what the atomic swabs will be for? Is it ready?

>>49482912
Atomic swaps, or bisq, or a non-KYC seller on localmonero, or even some CEXes allow fiat without KYC depending on where in the world you live (though this is becoming harder and harder).
>Is it ready?
Yeah atomic swaps are definitely ready, I'd try localmonero first but if you can't find any good sellers then a swap is a great solution.
The only issue is that they're currently pretty clunky to set up - you need to carefully run a bunch of lengthy CLI commands. There's no quick and convenient utility. As a result of this, they're not very widely used, and as a direct consequence liquidity is also somewhat limited and the price is generally slightly higher than spot price on more traditional exchanges.
If you don't need a large volume of XMR, are fine with paying a small premium and are happy to spend like an hour figuring out how to set it up then it's a great way to get some XMR with plausible deniability.

>>49482912
>>49483056
like the other anon said its a bit clunky but for atomic swaps
>unstoppableswap.net
works pretty well and theres a video tutorial on how it works here, cant find it uploaded anywhere else but reddit.
>reddit.com/r/Monero/comments/uawipv/atomic_swap_gui_demo_on_mainnet_unstoppableswap/
but if youre just looking for a non kyc method thats more straight forward check out
>www.kycnot.me

>>49483056
>>49483353
I'm not really up on how Atomic Swaps work. Is there some sort of 'wallet' designed to facilitate multi-chain swaps? Since the swaps are intended to be running your half of the transaction on your system, seems like a multi-wallet that supports every potential swap pair (and could organize swap pairs via a p2p network) would be a convenient and in demand enough to exist already. Maybe not ideal for some XMR swaps, and not really where anyone wants to keep their funds generally. But seems normie tier enough to me that I'm surprised I don't know of anything of the sort.

>>49483604
The thing is Bitcoin <-> Monero swaps are really the most relevant one right now. Atomic swaps are pretty slow and inefficient and on most other chain the trustlessness guarantees aren't worth it - if you're swapping e.g. Bitcoin and Ethereum, just use a CEX and it'll be easier. At the same time most "big" altchains - Ethereum, but also every other upcoming competitor like Solana, Polkadot etc. - has smart contract support so they just implement wrapped assets instead (i.e. a token pegged to Bitcoin 1:1).
And of course between two smart contract chains, you don't need any advanced swap shit, as you can just coordinate two contracts to do everything for you. Send funds to the contract on one chain, redeem from the contract on the other chain.

Monero<->Bitcoin swaps are unique becauase there's a very important usecase in p2p swaps for Monero, and at the same time neither chain has generic smart contract support so you have to use the good old atomic swap construction that only needs some simple elements like hashlocks and timelocks, which both chains support. But the fact that you need to do it all manually also makes it clunkier to use than most other cross-chain bridging solutions, until a GUI gets developed that makes it easier.

>>49482212
yes, with monerocean I get about $1 worth of monero every day vs. like $0.001 with cpu lel

I’m having some confusing tech issue. I run /monerod and it seems to work just fine and all. I regularly check /status to see if it’s keeping up to date but it often spits out this message in red letters saying something to the effect of
>no outside connections found please open port 18080 on your firewall

So what I did then was go into command line. I typed
>sudo ufw allow tcp/18080
>sudo ufw allow tcp/18081

I just did the 18081 too because…. Well. That ports talked about a lot and I don’t know what I’m doing because I never used ubuntu before. Now I just thought of something… do I open 18080 UDP also? I don’t even know what a port is. Is it sort of like… a specific pore I leave in my digital wall preventing worms and Trojans from coming in because I know only good stuff comes in thru that port?

Oh and by the way opening ports didn’t fix issue

>>49484949
Check your router/firewall/nat and forward the same

>DUDE PRIVACY LMAO
meme

Tor is compromised.

>>49479887
>file name
HOLY CRINGE

>>49484655
You're not mining monero, mind you.

>>49485025
Fuck. Dunno how to do that

pain.

My monerod keeps sayin
>no incoming connections - check firewalls/routers allow port 18080

I allowed 18080. It’s still downloading blocks just fine. What does it mean by no incoming connections? Does this mean if I have a wallet on my burner droid I can’t verify a transaction on make on the go by connecting to my node at home?

Does anyone have a link to the browser extension wallet one anon was working on? I recall a link to a repo being posted here, but can't remember the name.

>>49486180
You'll need your routers IP as well as the IP of the machine running monerod
(for simplicity, do this while you are home and connected to your home network)

Node IP (run these commands in a terminal/powershell)-
windows- ipconfig
linux- ip a
look for something starting with 192.168

router IP-
>what is my ip com
That is your routers IP address
>then enter that IP in your URL bar and it should take you to your routers dashboard. (at least this is how I've always done it)
>Look for something regarding "port forwarding" or "open ports", your ISP may have it hidden behind some "advanced" tab or something

Much in the same way that a letter slot allows the post office access to your home (but only in the capacity they would need to do their job), ports allow other machines some access to your machine.

SO LET'S ASSUME
>your routers IP is 6.6.6.6
>your nodes IP is 192.168.1.2
>monerods p2p server is bound to port 18080

You are simply forwarding requests to 6.6.6.6 on port 18080, to 192.168.1.2 on port 18080.

Simpel.

You'll also have to add the "confirm-external-bind" option in a config file or on the command line when you run it.

>>49486795
>>49486992
This is to forward the p2p traffic on 18080, you can do the exact same steps to forward 18081 and forward outside RPC traffic (what a wallet client needs)

>>49486992
Fuck it just says “the proxy server is refusing connections” when I type my ip into Firefox. Says it’s configured to use a proxy server that is refusing connections and to check proxy settings to make sure their correct.

>>49482528
>in theory you might hypothetically get audited. In that case you better have an explanation as to where your funds went.

Will 'i spent it all on escorts' suffice?

>>49487258
Try just going to your ISP's site and logging into your account, there's gotta be some way you can access your routers settings from there.

>>49487573
"can we see the transactions?"

If audited, shut the fuck up and seek legal counsel.

>>49484949
did u check sudo ufw status just in case?

>>49487573
I dunno man I'm not some kinda professional money launderer I just like to larp. I'm just using common sense.
>>49487726
Like for example, I feel like if you did the escort transactions in cash, it would be explainable. Of course you can't do that if they can see the money from your bank went to an exchange and on the exchange you bought Bitcoin. So then you get back to the idea of buying crypto with cash (whether it be BTC or XMR).
Now one may or may not have plausible deniability that one e.g. sold BTC for cash and then paid escorts (though atomic swap transactions are somewhat distinct I think). Or maybe even that you bought XMR and then paid the escorts with the XMR, though you might need to make sure there's some in the area that accept XMR and it will raise eyebrows.
Also escorts better be legal wherever such an excuse is going to be used.

Moral of the story: just say you spent it on furry art instead.

>>49481879
SHUT
THE FUCK
UP

NO ONE CARES

>>49488666
Every time there's a new AI to generate anything whatsoever, but especially images, you have to wait like a few weeks until everyone gets bored of spamming the same poorly generated and barely-relevant images in every thread
Just wait it out anon, it's gonna peter out soon (until the next "omg awesome AI generator!!!" comes out in half a year and we get the same again)

GG INU, FOR WHEN THE MARKETS ARE CANCER

tg: gginubsc

0x Ce25CDfB7a3647eAc4db1E794bfdC70dC1111C3a

I spun up a public node today. All monerod ports open to the world. I'm also solo mining on it once the chain syncs.

>>49488976

Eh, I don't mind, its a creative way of bumping the thread.

65% synced in less than six hours on spinning rust! Linux's VFS subsystem is magical if you give it enough free RAM.

>>49489199
Based Department
Population: (You)

How to get larger amounts of XMR with BTC privately? My fren looked on the decentralized exchanges but their max is relatively modest. Will he have to use a centralized exchange?

>>49490466
65% synced or 65% downloaded? It downloads blocks pretty fast but then it takes much much longer to verify all transactions.
Took me a few hours to download like 80% of the blockchain and I think like 2-3 days to finish syncing. For a couple dozen hours at the end, it would say something like "got 99.98% of blocks, syncing: 55%".

>>49490826
Do it in batches.
Or yeah evaluate the risk profile of doing it on a CEX. Can you do it on an exchange without KYC? How far are the funds going to be tracked (e.g. does he have KYC bitcoin he wants to sell for monero, or does he have non-KYC bitcoin he could move onto a non-KYC exchange and sell anonymously, or is he selling monero for bitcoin and if so is he gonna do anything traceable with that bitcoin)?

I’d like to realistically create a passive income. I reckon 250k of mining supplies would allow me to retire. This is based on 3660 ryzen doin about 20 bucks a day. Am I totally off? Is it more, or less per cpu?

>>49490884
Thx, anon. Just looking at bisq now.

>>49486992
anon going to a website that gives you your ip isn't your routers IP address that's your computers public IP address. If you want the private IP used by your local network to connect to your router you need to run ifconfig.

Shit the ip is probably on the bottom of the router.

Help me out, anon. I have loads of CAKE on metamask. What is the most convenient and cheapeast way to swap the CAKE to XMR on my Feather desktop wallet? Thanks.

>>49491319
Someone on localmonero might take it

>>49464155
Bros.. I just got my first XMR payout mined using P2Pool. WAGMI

>>49491378
Thanks a lot, anon! Didn't know the site and it seems like a perfect fit.

>>49464251
you can't really use your GPU to mine this shitcoin right?

>>49477721
It's "stable" with multiple exchange selling fakes. If the demand for XMR matches actual purchases, XMR would increase its MC significantly.

>>49490826
i literally watched big chunks of btc traded for xmr multiple just last week on trade ogre.
no kyc, just need a burner email
picrel

>>49491927
not well. theres an Ethereum mining pool that will pay you out in xmr tho

>>49490826
Kucoin lets you trade 1 BTC a week with no kyc. If your friend is a whale I'd tell him to keep it under 0.5 BTC because kucoin has been known to randomly ask for kyc upon withdrawal

>>49492285
happened to my friend a few months ago, he didnt lose much but had to just make a new acc and accept the loss

>>49492427
What did your friend do? Withdraw more than 1btc to trigger the KYC verification? Hypothetically if he did do the KYC, would they release the funds?

>>49492565
not even, just occasionally pulling out 100-300$ at a time every couple months
and one day they just stopped him.
so i only use tradeogre and localmonero for my purchases now

>>49492565
>if he did do the KYC, would they release the funds?
thats what they said yea, but he'd just rather take the loss of a hundo bucks

>>49490942
Way off. After power costs, you’re profiting like 3-4 USD per month off a 3600. A good rule of thumb with Monero is that CPUs generally take 2-3 years to pay for themselves.

>>49487680
Hell yea! Finally figured it out. So it looks like directly in the router you have to click add virtual networks and also port triggers. Weird. Why would I have to do this AND allow it thru sudo uvw allow 18080/tcp. This shit is just overly complicated. So I noticed when I type In status for the monerod I get to not only see the block status and if I’m synced and up to date, it also tells me out connections and in connections. I just had 7 in when I opened the port. Before it was always zero in. I’ve never actually tried to connect to my node outside my home, would it not have worked if my port wasn’t open? And what are “IN” connections anyway? Are people actually coming into my node and using it? Holy schite. There gonna fuck up my computer! I opened my wall and there gonna get me now. Lol.

is kraken BTC to tradeogre for XMR makes sense? Is it sus to send kyc-BTC to a nonkyc exchange? Apologies for retarded question,

>>49493118
>AM I RETARDED
yes
/thread

>>49467070
It's not just that, privacy protects innocent people from blackmail

>>49493118
Jk. Of course if exchanges/governments shared data, then yes they would know you have owned monero at some point in time. Whether or not you chose to offload that monero for a service or donation would be completely at you discretion. Are there laws against using monero? At this stage no. As far as I know, localmonero with cash is the only way to properly non KYC if that's what you're chasing. Additionay how you setup your wallet and access funds is another step in retaining anonymity from alphabet agencies

>>49493618
Mailing cash is kinda scary. Cash app is quicker and easier and won’t get lost or stolen in tracking. Plus the guvmint will look thru the packages to find drugs/money

>>49494224
Cardless cash is the way forward if your country allows. Only issue is markup on localmonero

>>49494283
Oh yea cardless definitely. Like I cringe when people got those bitcoin atm cards. That’s not “cryptocurrency” at all. It’s just bein a good goy and letting the central bank know everything about where your “crypto” is going.

>>49492791
In connections are people propagating txs through your node. You're contributing to consensus of processed txs (the processing of which you can contribute to through mining) by opening the port, which helps us settle events faster.
Thank you citizen!

What's /xmr/'s preferred popcorn time-esque client?

I can't find the whitepaper

>>49497538
Nevermind, found it
http://cryptoverze.s3.us-east-2.amazonaws.com/wp-content/uploads/2018/11/10012046/Monero-Whitepaper.pdf

when're we getting rich lads?

>>49498712
When you pick the right power all numbers.

>>49486239
330 here. Git gud.

>>49498712
Never. See >>49475805

>>49474907
Done anon.

>>49499222
Monero next to a black dick?

Ok so I’ve been trying to route my node thru tor. Been following the directions on monero.org with no results. Found some advice from other anons along the lines of just typing ./monerod —tx-proxy 127.0.0.1:9050 and that this would route all my node thru TOR. Unfortunately as you can see here, that doesn’t work for me. I have tor browser installed on my ubuntu system. I guess anons in another XMR thread were telling me this is no good? That I need a tor daemon? I dunno how to make this shit work. Why won’t it initialize p2p server? Oh and btw it all works perfectly when I just type ./monerod. But it’s not going thru tor. Wich makes me feel sad.

Hello, Monero-Chads.

I will soon reach my goal of a XXX XMR stack. So I was thinking of diversifying my crypto holdings.

I am interested in DERO and KDA.

Does Kadena have a proper technical whitepaper? The 3 on their site are all shit tier normie ~10-pagers.

Kaddex seems promising, especially if they will list XMR.

What are your thoughts on a potential Moneroesqe anonymous crypto with smart contract capabilities native to the Kadena ecosystem?

i dont think it is ever a good time yet to buy XMR

>xmr rugs in 2022

I thought to buy the first tail-emission coin (0.6 monero). I was ready to pay 10 moneros for that.
Then realized monero is fungible.
I cri everytim.

>>49499017
>>49486239
About $100 United States dollarydoos

>>49500567
I think rugging is low possibility at this point unless you can believe that the high transaction counts are mostly result of some kind of obscure churning process to attract bag holders. There is still a strong community around xmr that advocates use in addition to accumulation. There was not a premine so whoever would be trying to dump hypothetically would have been competing against the miners from genesis block to accumulate.

>>49501344
How would monero rug anyways? There's no centralized authority controlling it.

>>49501363
I think anon was fudding possibly.

hahaha z-cash is going sub 90.

Fucking Z-cucks suck a dick.

I genuinely hate Bitcoin so much, it shouldn't even be treated as the pioneer cryptocurrency, it should be treated as archaic and pre-currency (look in the image attached how "Satoshi" explains how to use bitcoin privately, lmao).
It doesn't even work as digital cash and bitcopers want to change the argument to say it's "muh digital gold". Genuinely disgusting.
Anyways, been out of the loop for a while. Is it tail emission time? Should I buy some cheapies? I was waiting for it to drop under 100USD a few weeks ago but guess that didn't end up happening...

Happy Tail emission day.

>>49501547
Yeah tail emission started 2 days ago or so

>>49472583
WTF is that face on her arm.

>>49501606
What the fuck I just noticed that.

>>49501627
It's on the drink bottle as well

>>49501687
is that hitler in the background?

>>49464155
Stop posting your crab coin on poles weirdos

>>49502527
Why would you wear a mask, no one has done that in Stockholm for a long time.

Get out

I have some Monero and I have to make some LTC, eth and bnb out of it. What's the best and least pozzed swap?

>>49500418
smart contracts are a meme
all privacy alternatives to monero are a meme
only other crypto worth holding is xrp
if you want to diversify buy silver and bullets, see them as a hedge against inflation and possible happenings

>>49502527
ok

we need art of monero-chan in a clown costume riding a small tricycle and honking

>>49503219
>XRP
brainlet take
for me its BTC and XMR
smart contracts are a meme, any decent application can build on BTC already, it has a simple consensus mechanism and block validation for minimal attack surface area, so it has great security guarantees

>>49499441
caked and basedpilled.

>>49503347
>1pbti
>BTC
brainlet take

WTF JUST HAPPENED XMR BROS
I just got liquidated fuck

>>49503734
>I just got liquidated fuck
Sit in a freezer faggot.

>>49500293
Those other anons are right, you need to install
>tor
Not
>tor browser

Try and follow the instructions here to install tor on Ubuntu. Good luck.
https://support.torproject.org/apt/

likely most of you monero vets already know this, but i managed to find a post talking about the origins of this coin.

https://np.reddit.com/r/Monero/comments/6ud6wh/the_strange_birth_history_of_monero_4_part_series/

bytecoin, bitmonero, and then monero, that was a wild read.

>>49500293
Using "tx-proxy" does not route your node through tor, it only routes outgoing transactions you're making while connected to that node through TOR, you need to route the p2p and rpc servers through TOR as well.

follow this guide, It's *almost* the exact same setup I'm running, so I can assure you it just werks. (you will need to forward ports)
https://monerodocs.org/running-node/open-node-tor-onion/

>>49504049
I think this is my favorite part so far, https://da-data.blogspot.com/2014/08/minting-money-with-monero-and-cpu.html

>>49503734
Shitcoin shit dumped to $29k again

>he's not slurping the dip
What are you, gay?

>>49502527
No keep posting the best coin made fuck you.

Kudos to whoever puts these up

Agoradesk is a great non kyc option

Anyone know why algo is crashing so hard? Used to see some anons talk about it in these threads.. was considering buying some now.. bad move?

>>49506193
Because everything is crashing.

Are you looking at this shit. Someone is holding Bitcorn transaction hostages. Block #740212

Can the same thing happen to Monero ?

>>49498712

https://txstreet.com/v/xmr-btc
OHNONONO not feeling good maxibros

>>49506405
explain your nonsense

>>49497464
BeeTV is kino

>>49506676
last block on the BTC block chain was 48 minutes ago

>>49503219
>xrp.
kek
>smart contracts are a meme.
laughs in defi.
>silver and bullets.
I dca into those plenty (no such thing as too much silver or bullets). I said I want to diversify my crypto holdings, mate.

>>49503347
>BTC.
kek

Captcha: NGRDY

Is there any comeback for the dollar that doesn't involve the great depression v2?

>>49501606
>>49501627
>>49501687
dude on the left
>>49502475
yes

>>49507072
Powell decides he wants to join Volcker in Fed heaven by either jacking up Fed funds to 8%+, or dumping bonds and MBSs on the market til interest rates are 8%+

>>49507035
explain to me why xrp is not a good investment
also is that ass work of shadman?

>>49508432
> why xrp is not a good investment
premine
"ICO"
dev tax / founders fee

>>49508432
>work of shadman?
murdochchan

>>49508432
Ripple is a globohomo surveillance kikecoin. Just listen to what Brad Garlinghouse said at WEF. Plus, I am only interested in PoW crypto.

I am not here for the token wars. Just wanted to see what does /XMR General/ have to say about Kadena, as it has the most non retarded anons (other good generals being /CMMG/ and /PMG/). Don't what to start normal /biz/ thread for a reason.

t.not a tranny.

>>49509654
second only to Monerochan.

thoughts anons?

>>49509707
Just looking over it: It looks like dero minus the privacy layer and the seekrit encryption schemes. It also looks like it suffers from the same problem all the 'ETH killers' do: no one has actually used it to do anything.
I keep wondering why no one has tried to recreate cryptokitties on any of these projects just to prove that they can without spiking gas fees and crashing the network, but no one seems up to it. It's almost like they can't without the blockchain becoming unusable.

>>49509092
why is it being a security a bad thing?

>16% local fiat inflation and still rising
What the fuck do I do to not lose the little I have?
Buy more xmr? Gold?

>>49510497
I am quite bullish on DERO, just don't understand why the fuck did they go from having tail emission to a fixed supply and halvings. I guess it's an easy change to go back to TE.

I will not buy a substantial stack till they bring back TE and have a hot Derochan waifu.

Kadena fundametals and team seem solid (ex JP Morgan tradfi white guys). Kadenachan is hot.

>>49511107
best hedges against inflation are silver, land, bullets and xmr/btc

>>49504032
>tor not tor browser

Can’t figure out the difference? Is “tor” something that allows specific programs to route their connection to internet thru tor?
I clicked your link. Looks like I have to download the Debian version of tor for ubuntu since I use ubuntu?

>>49490842
Fully synced and mining as of a few minutes ago.

>>49504427
Damn this shit is confusing. No wonder normies like myself generally don’t give a fuck about privacy, and anonymity.
I guess the link will tell me how to route all that shit like p2p and all that. But I scrolled down and saw the “install tor” link. I’m pretty sure that’s the tor “browser” right?

>>49511381
Yeah man you got it, easy way to think of it is tor is like a proxy program. The tor browser is just like a browser with the proxy always on.
>Looks like I have to download the Debian version of tor for ubuntu since I use ubuntu?
Yup should work that way.

I'm considering buying monero, I've only ever bought some bitcoin on that trustwallet app, what wallet should I use to buy monero, is it fine to use the official one on the website or should I use another one?

>>49511038
by rights it isn't. It will be regulated by the powers that be though. Pay your taxes goy, even after death.

Anyone know what do about the bandwidth consumption? So for the whole month or so I’ve had a full node, I haven’t had port 18080 open and it’s because, I didn’t even know what a port was(still don’t) and was just following guides and shit on internet how to open it since monerod kept telling me to open it to allow “connections”. Family members have got PISSED at me cuz their TV’s stopped working. Yea… I didn’t know that would happen. When I was first downloading the node I would limit the bandwidth and just downloaded it slow as fuck because no rush. Didn’t have any money to buy more monero with anyway. Yea we have minimal bandwidth on our internet because… we don’t game online or any of that shit. But I figured mining and just having your node running didn’t take bandwidth? Just CPU abs hard disk space? From what I’m reading.. when I opened 18080 it allowed fellow monero users to connect to my node? Is this a good thing to do I mean obviously it helps the network or something allowing more nodes to interconnect. But I’m a newbie. Should I just allow ONE connection to occur? I don’t know what command to use to limit it. But I guess since I’m new, I can’t really afford to let my node get connected to by tons of strangers. My first reason for doing it was so that I could selfishly use the node just for my own security and safety so that I wouldn’t have to wait 2 hours to see a transaction show up in my wallet, and because well… they told me online your own node is just better for privacy. Sorry to be slefish

>>49511111
Checked

>>49511111
Very wasted

>>49511815
This thread was recently posted on r/Monero and explains how to limit the bandwidth used by your node.
https://www.reddit.com/r/Monero/comments/v3cwlm/running_a_monero_node_on_old_hardware_and_in_an/

About Tor, think of it like this: Tor is a protocol, like bittorrent.
qBittorent and uTorrent are software that run using the torrent protocol.
Tor Browser is an internet browser that runs using the torrent protocol.
If you want other things running on the Tor protocol, then you’ll need to download the Tor software (not the browser) and setup your other software (monero daemon) to run via Tor.

>>49512141
I mean, Tor browser is an internet browser that runs using the Tor protocol, not BitTorrent

>>49511656
Cake Wallet for mobile (not recommended unless your OpSec is good). Official wallet from getmonero.org for PC.

Read up on paper wallets and airgapped devices.

Monerica.com for all things XMR.

Never KYC. Use localmonero.co and tradeogre.com to slurp the dips.

Buy silver for Monerochan and ywmi, fren.

>>49511983
u wot m8?

NEW THREAD: >>49512476
>NEW THREAD: >>49512476
NEW THREAD: >>49512476
>NEW THREAD: >>49512476
NEW THREAD: >>49512476
>NEW THREAD: >>49512476

>>49483056
What about getting crypto sent to a coinomi wallet, then exchange whatever crypto you both get to monero using changelly?

>>49491319
Try changelly

>>49493618
What about crypto ATMs? They tend to have high fees but they should be just as good for obtaining monero in a non-kyc fashion, no?

>>49512141
>>49512203
I’ve hear of bit torrent. Not exactly sure what it is. But I’m thinking it had something to do with piracy and shit. I knew some kids in high school that would download movies and video games illegally. I’m guessing they used BitTorrent? I think I heard that word thrown around. This was back around 2004-2006 so ancient history. But yea I knew a lot of kids doing “piracy” back then. And as far as I can understand the same basic tech behind this, p2p file sharing is precisely what became “bitcoin” next. Where you just got a p2p algorithm that does banking for ya.

>>49511555
>>49513214
Perhaps a better way to phrase it: email is a protocol. Thunderbird, outlook, or even the webpage on gmail.com (because nowadays webpages are programs) are all software that uses the email protocols to send and receive email.

>Bittorrent
Is a protocol that lets files get shared p2p, without a central server. Anyone who downloads it can then leave the software open to help upload it for anyone else that wants to download it later.
Can be used for anything such as hosting linux ISOs while reducing the bandwidth load on central servers - but yes is the main way piracy is shared because there's no central website to take down or anything. Otherwise has no special links to piracy, it's just a protocol.

>>49502527
no