/biz/ - Business & Finance

[Anonymous No.10463605]

This is the only coin I would go all in, the only thing that would make this coin worthless are quantum processors, I can agree that no normies gonna use some coins in day to day payments but with Monero it doesn't matter if fees are high, the client is slow as fuck and the payments aren't fast because it has only one job, hiding the dope money and it's proven it does what supposed to do since 2014. If Bitcoin drops bellow 5k$ then I'm putting 50% of my savings in that baddy, no hesitation.

[Anonymous No.10463694]

>>10463605
Cool blog post

[Anonymous No.10463699]

>>10463605
Can you just explain to me why? Why would you invest so much money in such a shitcoin with knowledge based off an anime image board?

Come to think of it, why would you invest >1k in ANY altcoin? You might as well just go to the casino or bet on horse races

[Anonymous No.10463864]

>>10463699
If you take price history alone, this coin is currently undervalued sitting at -2 standard deviations. Statistically speaking, it would be extremely unlikely to lose money on a swing trade here. Given that nothing changed in the fundamentals of BTC and XMR, we should expect XMR regress back to normal, which is up. Next stop should be 0.027 BTC. It may need some sort of catalyst, though.

[Anonymous No.10463924]

>>10463699
Lmfao I literally have 25k in monero and that's 50% of my net worth

[Anonymous No.10463966]

>>10463864
0.027 would be nice. You see that happening within a couple of months?

[Anonymous No.10464077]

>>10463966
Yes, definitely. But my analysis is purely based on statistics, you never know what else could happen to affect. It's no coincidence that XMR has been sitting at 0.017 for several days, that's where the -2 standard deviations line is. Statistically speaking, there's a 2.5% chance the price won't start moving up in the next few weeks.

[Anonymous No.10464093]

>>10464077
Nice. Thanks for the reply.

[Anonymous No.10464154]

>>10463864
Bullish. Amazing how low Monero volume has been in 2018, though. It's definitely flying under the radar or is just an extremely unpopular swing trade.

[Anonymous No.10464226]

>>10464077

How do you determine which deviation the current price is at?

[Anonymous No.10464292]

>>10464226
>What is basic statistics

[Anonymous No.10464504]

>>10463864
B U L L E T P R O O F S

[Anonymous No.10464551]

>>10464292

I understand the statistics. I meant what tool is he using to make it easy to do the math and ranges. I know he's not sitting there with a TI-92 doing it by hand.

[Anonymous No.10464602]

17 BTC buywall holding up 0.017 on Binance. If that gets smashed we could see a good opportunity to pounce on cheap Monero. I mean, it's already pretty fucking cheap based on >>10463864.

[Anonymous No.10464649]

Dash is so much easier to use though.

I connect my Ledger Nano to mydashwallet.org and I can private send instantly from their protocol mixer. They are building this feature into their mobile apps and that will be sweet.

Plus
>Monero blockchain is 56GB
>Dash blockchain is 6GB

Dash is definitely tailored more to keeping it compact, streamlined, and ease of use. They are the Apple product in crypto.

Monero is like a science experiment that is too much a pain in the ass and they have no business model like Dash team does. But I don't buy illegal drugs so I would probably use Monero for that.

[Anonymous No.10464653]

If I’ve learned anything from holding xmr, it’s that it will moon about a month after you think it should but hard

[Anonymous No.10464664]

>>10464649
>I can private send

haha
no

[Anonymous No.10464700]

>>10464664
can your sorry ass trace a Dash Private Send?

No you can't.

That is all I care about. I simply don't want people seeing my account balance.

Monero fanboys think that an address has your fucking name on it or something. So we should use Monero clunky fucking slow expensive platform. Total crap. People just want to obscure have a way to obscure their balance. Plus Monero lost all the advantages of having open ledger options.

[Anonymous No.10464808]

[Anonymous No.10464836]

>>10464700

this is what normies think

[Anonymous No.10464866]

>>10464649
Dash is a company. It's instamined, though centralised by instaminers' masternodes. Masternodes create artificial scarcity, pumping the price like any other ponzi scam. No thanks.

[Anonymous No.10464957]

>>10464700
Lol Christ mate

They’re not even competitors honestly, dash is angling for the fast payments, xmr the anonymity. Neither can really do the other’s strength and that’s fine.

But yeah it’s hard to imagine something with masternodes becoming actual money lol

[Anonymous No.10464965]

>>10464866
People just say Dash a scam and never say anything bad about its technicals. Dash was so fucking cheap for years and I remember tons people shilling Dash masternodes when they were cheap. Just yell scam and try to beat down and bully other people instead of looking at technicals.

I don't use Monero because slow, clunky, and fees are expensive. I don't buy illegal drugs, therefore I don't need Monero.

[Anonymous No.10465008]

>>10464965
You might not buy illegal drugs, but a great many people do.

>>10464700
Is it possible for some people to trivially track a dash privatesend transaction? Yes.

You're forgetting that while your address might not have your name on it (unlikely unless you used localbitcoins or eqiv, and even then not guaranteed) you will need your address to not have your name on it FOREVER, with all future transactions you take not giving away something that's connected. You've put data in the blockchain; it's not going away.

[Anonymous No.10465086]

>>10465008
But that's what you don't get.

I just don't want the grocery store I spent Dash at to look at my balance and I want a simple, fast, cheap way to have this option.

I also want the option to prove on a public blockchain that a payment was made, for customer service purposes. From what I understand the Monero view key exposes everything you have ever done, so that is no good.

[Anonymous No.10465090]

>>10464965

Monero is the privacy standard Anon. Period. But the vast majority of people are looking at this from an investment perspective and Monero also provides better returns if you look at the past year.

Monero $42 --> 233%
Dash $180 --> 33%
ZCash $181 --> 23%

Except for the tiny tail emission, most of Monero has already been mined while ZCash is going to increase its supply 5 x times and Dash is going to double it.

[Anonymous No.10465125]

>>10464649
>I can private send
That's where you're wrong, kiddo.

[Anonymous No.10465143]

>>10465086
>From what I understand the Monero view key exposes everything you have ever done
Also, lol.

[Anonymous No.10465148]

>>10465090
I agree. Monero is way more private than Dash.

But I'm just saying, if all you want to do is keep you account holding private, Dash is 100x easier, faster, and cheaper to use.


If you guys think crypto is going to simply take over as a currency you are fucking delusional. Some cryptos will build out payment platforms and slowly expand from there. The people in crypto right now don't understand how the payments sector works.

[Anonymous No.10465158]

>>10464649

[Anonymous No.10465167]

>>10465086
I'm not suggesting Monero is the best for general payments. It isn't. It's the best (only) coin for privacy. You might not care about super-privacy for your grocery store, but where do you draw the line? And what if your grocery transactions and knowledge of your balance is more important than we realise today? This is one of my main points; we have to make decisions with our data today that affect us for the rest of the future.

But, this is the reason I decided not to trade the rest of my Dash for Monero; Dash privacy is garbage, but its payments are pretty good. PoS is a great tool for fast transaction speed.

I don't think that there can be one coin that does everything, if only the privacy/speed balance. Dash seems like a jack-of-all-trades coin to me though, and I think that it'd be better to have 10 coins that do 10 things well than 1 that does 10 things alright. Is there anything Dash does better than any other coin? I'm still holding Dash right now, though.

And my comment about illegal drugs was suggesting that while you might not have a use for Monero, many others will, so it's a good investment.

[Anonymous No.10465209]

>>10465143
Edge Wallet CEO talks about the major problems with Monero

https://youtu.be/1jvnS7XLIbQ?t=1750

[Anonymous No.10465325]

>>10464649
>Normie forgetting the gubment wants it's taxes

[Anonymous No.10465378]

>>10465209

> once you give them the view key you see everything

> ...you can see all the transactions

Edge Wallet CEO doesn't know what the fuck he's talking about. And you seem to be repeating his ignorance.

To check a transaction you need:

> View Key
> public address
> transaction hash

[Anonymous No.10465442]

>>10465209
>third party wallets
Cancer. Why would I even care what this idiot says about Monero?

More importantly, the usability argument is really shallow. Nobody is using crypto for every day transactions. This shit has been around for almost a decade and it will only ever be used meaningfully en masse, in our lifetimes, for anonymous transactions and as an anonymous store of value (in the case of Monero) and a pseudonymous store of value (in the case of Bitcoin). Nobody is using Dash, Bitcoin, Litecoin, whatever the fuck else to buy their morning coffee. That's a myth.

[Anonymous No.10465526]

>>10465442
Holy shit, I didn't even realize that the fat fuck literally talks about trying to buy coffee with Dash in the video but it didn't work. KEK. You can't make this shit up.

[Anonymous No.10465530]

>>10465442

If you visit some DarkNetMarket forums Anon, there are fiends who rely on mostly Bitcoin for weekly packs -- Monero is gaining adoption though.

But you're right nobody else is using it for everyday stuff.

[Anonymous No.10465673]

>>10465530
>who rely on mostly Bitcoin for weekly packs
what is a weekly pack?

[Anonymous No.10465745]

>>10465673

People who've never used DNMs don't realize that there are people who buy 2-3 times a week. There are people who use dope that spent $200-500 per week. Look how much was seized in 2013 and in AlphaBay. There is probably 100 x times more crypto usage on DNMs than all of crypto usage across all cryptos combined not counting transactions to exchanges.

[Anonymous No.10465769]

>>10465745
damn, i thought these were all shut down. what do the dopeheads use? is monero getting bigger?

[Anonymous No.10465796]

>>10464649

Nah they’re more like the ‘ ¯\_(ツ)_/¯’ of crypto

Does it have anonymity?
> ¯\_(ツ)_/¯
>Is it anonymous by default?
> ¯\_(ツ)_/¯
Should I trust my privacy with a coin mixer?
> ¯\_(ツ)_/¯
Should I pay $250 for this shit?
> ¯\_(ツ)_/¯

[Anonymous No.10465851]

>>10465796
This is the best description of Dash I've ever read.

[Anonymous No.10466156]

>>10464154
>volume is low
No, the volume isn't low, it's the same as October 2018. What happened is that most XMR volume moved from Bittrex to HitBTC. That's probably because HitBTC doesn't have a KYC policy.

[Anonymous No.10466905]

>>10464226
1. Download price history data
2. Calculate moving average
3. Calculate standard deviation using moving average

Or see
https://www.tradingview.com/wiki/Regression_Trend