Is this coin hopeless?

[Anonymous No.11988411]

Worth buying sub $50? Or is it worthless? I feel like the privacy coin ponzi scheme is over.

[Anonymous No.11988461]

>>11988411
the point of privacy coins is not to have high price, it's to be private... duh

[Anonymous No.11988534]

>>11988461
Privacy means it makes an excellent store of wealth for companies and persons.
>>11988411
Privacy coins as a store of wealth is not a ponzi scheme, as you aren't putting your money in expecting more out; you're just looking to hide your welath. The current collapse in value is due to irrational market panic. Once the wealthy begin storing their wealth in private currencies with high liquidity, XMR is the only choice. And they will have to store wealth in crypto as offshore banking is getting cracked down on severely. You can't even get a Swiss bank account as a US citizen without signing paperwork agreeing to let the IRS audit your balance.

[Anonymous No.11988542]

Wait for single digits.

[Anonymous No.11988563]

the thing with Monero is you don’t need to accumulate a lot of it. you can just circulate through a few XMR for your private transactions, keeping your wealth stored in BTC. there’s no need for it to go up in value especially since it has no capped supply.

[Anonymous No.11988641]

>>11988411
It's not and it's not really for profit it's to bootstrap a chip plant outside of cn control, AKA take it back and it's happening whether or not you buy into it. Get allies, divide and conquer. Then do what you will attempt with previous allies because let's be honest it's easy enough to come up with enough cash but realistically coming from over a decade in manufacturing you will never make it without refinement and a solid understanding of what it means to have hundreds of thousands of thousands of angry people flinging their worthless bodies at the base of your skull pile just think of the smell.

[Anonymous No.11988664]

>>11988534
>Privacy = store of wealth

[Anonymous No.11988683]

No one needs this, TRX will get the same privacy features in January.

[Anonymous No.11989033]

>>11988411
>"privacy coins"
Transparent ledgers are unusable. The only reason they get by today is because they are only used to go in and out of exchanges where they are essentially tumbled. Non private coins are literally a ponzi scheme with no real use case.

[Anonymous No.11989062]

>>11988683

[Anonymous No.11989138]

>>11988411
backdoor for feds

it'll be replaced

[Anonymous No.11989161]

>>11988563
>there’s no need for it to go up in value
like 90% of crypto but it still happens due to speculation

[Anonymous No.11989173]

>>11989161
>like 90% of crypto but it still happens due to speculation

The entire market is speculation. It's one big guessing game.

[Anonymous No.11989194]

FPGAs are there. GPU mining will be completely useless (and possibly dead) soon.
Sell your GPUs while you can.

[Anonymous No.11989238]

>>11988411

Ummm this is the only other legit layer 1 besides btc... stay poor

[Anonymous No.11989259]

>>11988411
30-40 is where I sell my car to buy more, just sayin

[Anonymous No.11989271]

>>11988563

Emissions curve man. Why does everybody say this??? There will never be enough monero in your lifetime to care about inflation compared to btc

Also, it would be smart to hold value in a sort of “back up” currency that does the opposite of btc in many aspects- different codebase, gpu mining, 0.3 emissions curve, etc

[Anonymous No.11989485]

>>11988542
Wait till you get 20 bucks on top.

[Anonymous No.11989502]

>>11989271
You are arguing on a low iq board.

[Anonymous No.11989504]

>>11988411
All privacy coins will eventually be banned worldwide

[Anonymous No.11989551]

>>11989504
I don't think so, i think they're healthy for world governments to understand because they create and allow black market dealings in a way that governments cannot counter by simply attacking money.

The invention of cryptocurrency solidified the impossibility of preventing money laundering. But before that criminals were laundering millions of dollars cross country lines by buying and selling fucking apple earbuds as a cosmetic item in TF2.

[Anonymous No.11989592]

>>11988534

> people don't expect privacy coins go up in value
> rich people will put wealthy in monero


Yes, anon... you don't understand that if everyone put money into it the price is subjected to fluttuations due to the new money in and people cashing out, so this is not a stable coin, and rich people don't want their whealty could lose value

[Anonymous No.11989599]

Monero is only used for washing coins through an exchange and buying drugs

[Anonymous No.11989610]

>>11989599
solid use case nigga

[Anonymous No.11989613]

>>11988411
Its worthless

[Anonymous No.11989750]

>>11989551
Japan is banning them in 2019. The rest will follow

[Anonymous No.11989754]

>>11989599
How do you know? It is private.

[Anonymous No.11989777]

>>11989750
so what, you can have transparent coin on KYC and then move to dark net exchange
>>11989754
trust the code, if there is a problem use zcoin

[Anonymous No.11989791]

>>11989777
Im talking about the usecases. This guy >>11989599 says the only use is crime, but how can he know? I use monero regulary w/o crime.

[Anonymous No.11989816]

>>11989791
even if that is the only use case, monero will moon to pluto and it cannot be stopped

to me the best case for private crypto is tax avoidance

I will provide you a service that is 50% cheaper, therefore you can buy twice as much, so I increase my revenue.

You win, I win. The state gangster parasite loses.

Privacy coins are the ounces that will change this world for the better.

[Anonymous No.11989840]

Zencash is the future. Does what Zcash and Monero do, only better.
Wait sorry I mean Horizen.

[Anonymous No.11989855]

>>11989840
it is fine
the free market will find the best coin

[Anonymous No.11989874]

>>11988411
worse possible investment. Its gonna bet he first shitcoin to ever get banned and delisted. Do you honestly think governments will allow people a tool that lets you tax evade?
>inb4 b-but muh freedumbs muh decentrelizishion

[Anonymous No.11989879]

>>11989874
the question is not if they will allow it, the question is if they will be able to stop it

[Anonymous No.11989883]

>>11989879
no they cannot, we won
>>11989874
fearful weak minded fool

[Anonymous No.11989894]

>>11989879
they can get it banned from exchanges which will prevent any serious investment going in. It will probably still exist but it will be used only by criminals and won't have many potentials for huge moonings, if thats what you are after

[Anonymous No.11989895]

>>11989894
from official exchanges, yes.
in that case dark web exchanges will spring up.

[Anonymous No.11989896]

>>11989894
lower supply . higher price
you are so fucking dumb

[Anonymous No.11989903]

>>11989896
>lower supply, higher price
thats not how it works dumbass

lower demand, lower adoption = lower price

[Anonymous No.11989904]

>>11989894
Once an item becomes illegal, does the price goes up or down?

[Anonymous No.11989907]

>>11989896
also this.
when/if 99% of people are scared of using it anymore, it becomes much scarcer.
on the other hand there will be mt.gox type situations with dark web exchanges exit scamming, massively manipulating prices, directly stealing from people etc

[Anonymous No.11989910]

>>11989904
if the demand stays the same it will go up, if demand goes down too it will go down

crypto =/= drugs

[Anonymous No.11989915]

>>11989903
adoption actually means lower prices, since we have instant selling on transaction by common merchants
if monero is banner, this will be the biggest most bestest advertising it can get, you moron

[Anonymous No.11989917]

>>11989907
man, you guys really are economic brainlets

its supply and DEMAND that determines the price not just the supply. If it gets banned the demand will also go down which will make it drop in value

[Anonymous No.11989925]

>>11989917
demand is unlimited, read a book

[Anonymous No.11989928]

>>11989910
you are wrong.
if it gets banned, they won't fucking announce that years before, giving everyone time to safely exit.
they are just going to raid the exchanges they can, base this on some vaguely interpreted existing international law and get it down without any previous notice.
this will mean that 99.9% of the supply will be frozen in peoples wallets w/o them being able to withdraw/cash out. the remaining .1% that will have the balls to go to non-official places will have 1000x more relative supply, but face all the downsides of not being protected by any laws.
its basically the risk-investment-version of a risk-investment.

[Anonymous No.11989936]

>>11989917
demand is a function of utility and price.
utility remains the same, price will increase due to increased scarcity (most wallets being frozen forever).

[Anonymous No.11989943]

>>11989925
>demand is unlimited

>>11989928
your theory could work if... monero was unique and other crypto like it couldn't exist. If monero gets burned it will become worthless and criminals will just go to another private crypto until that gets banned too

[Anonymous No.11989965]

>>11989943
>your theory could work if... monero was unique and other crypto like it couldn't exist
wrong again.
you yourself argued DEMAND. a crypto that has been proven to work (unlike others) and even stood the ultimate test of official law enforcement investigations will automatically generate more demand than a random shitcoin.
most people are not technologically versed and have no fucking clue what is "better", they hence automatically flock to the big, established brands. i don't even know why this would be news to anyone. people will always prefer a mercedes over some unknown chinese car whose company they have never heard of. monero having stood the ultimate test of being untracable for law enforcement in a fucking trial is an IMMENSE argument for its future demand if it got banned.
no other crypto has pulled this off to my knowledge.

your argument could be used against *any* crypto, and somehow BTC is still several thousand times higher in demand than some technologically superior coins.

[Anonymous No.11989972]

>>11989777
Buy at a Russian exchange, then send coins to yourself.

[Anonymous No.11989983]

>>11989965
the only use case of Monero is for criminal activities. The demand is by definition LIMITED to criminals that means its price is also limited in scope

other crypto have use cases other than criminal activities which can have mainstream investment into them which means they have potential for high marketcap

[Anonymous No.11989990]

>>11989983
it is used in 0.001% of all criminal activities
it has 10 000x growth potential, but if the price is too high, other privacy coins will be used instead

[Anonymous No.11990004]

>>11989983
do you have any idea how large the market caps for tax evasions, drugs, money laundering in general, human trafficking etc. are?
just compare it to pic related - monero stands at roughly 0.9 billion right now.

[Anonymous No.11990018]

don't buy monero.

[Anonymous No.11990020]

>>11990004
>>11989990
if governments see a lot of that criminal market going to monero they will crack it even harder. The only possible way to sell your monero for profit would be locally, which most likely will result in you getting knived by angry russian mafias

And no a true "decentralized exchange" will never be an actual thing

[Anonymous No.11990026]

>>11990020
you have no means to do shit
we are the sovereign, fuck you

[Anonymous No.11990030]

>>11990020
i already said that myself.

[Anonymous No.11990051]

>>11990020
Have you heard of p2p filesharing?
afaik its more or less illegal everywhere but thriving and near impossible to enforce

[Anonymous No.11990064]

Hey there! I can give you a pretty good idea of what's happening here. Expectations are still aligned for decay, though the longer that is true the higher the period of mean reversion will be.

Load up the 1.25 standard deviation on the 260 period on the 4h chart. (only do it for this chart, the period changes constantly.)

When the bottom edge of the band is crossed, expect price to return to the 260 mean.

if you just want static pivots, when monero gets above 14700 sats, it will trend to 15600 sats.

Screencap this.

[Anonymous No.11990259]

>>11989894

>what are decentralized exchanges

[Anonymous No.11990379]

>>11989983
>The demand is by definition LIMITED to criminals
Four examples of legitimate use cases.

1- You are traveling through parts of a country with a medium to high violent crime rate. You need to use some of your Bitcoin to pay for something. If every person you transact with knows exactly how much money you have, this is a threat to your personal physical safety.

2- You are a business that receives a payment from a supplier. That supplier will be able to see how much money your business has, and therefore can guess at how price sensitive you are in future negotiations. They can see every single other payment you’ve ever received to that Bitcoin address, and therefore determine what other suppliers you are dealing with and how much you are paying those suppliers. They may be able to roughly determine how many customers you have and how much you charge your customers. This is commercially sensitive information that damages your negotiating position enough to cause you relative financial loss.

3- You are a private citizen paying for online goods and services. You are aware that it is common practice for companies to attempt to use ‘price discrimination’ algorithms to attempt to determine the highest prices they can offer future services to you at, and you would prefer they do not have the information advantage of knowing how much you spend and where you spend it.

4- You sell cupcakes and receive Bitcoin as payment. It turns out that someone who owned that Bitcoin before you was involved in criminal activity. Now you are worried that you have become a suspect in a criminal case, because the movement of funds to you is a matter of public record. You are also worried that certain Bitcoins that you thought you owned will be considered ‘tainted’ and that others will refuse to accept them as payment.

You can have confidence that it is not possible to own ‘tainted’ Monero. This is ‘fungibility’ and is vital for any real currency to have.

[Anonymous No.11990642]

>>11988461

This

>I buy drugs for 500$
>send 500$ of XMR to drugs provider
>he converts XMR to 500$
>he cares only for $$$ gives 0 shit given is 1xmr 1$ or 1000$

REKT PLUS:

Theres eth daps that can do 97% of what monero can do now...daps lol..

Any real blockchainc can do same shit with sidechains....sidechains...lol

BONUS BONUS REKT POINTS:
fat fluffy fuck promised capped suply forever ago...but he just likes to print money and dump on you retards to much

TRUE STATE OF PRIVACY COINS SHILLS

[Anonymous No.11990706]

>>11988411
Monero is 2nd as true to the visions of crypto as btc.
In Australia wealthy chinese hide money in our property, luxury car and luxury goods because it's safer in those volatile, depreciating assets than in their own banks.

Millions and millions and millions of dollars worth in one stupid little country.


XMR will be the way they get those $ out. The chinese tax avoiders may not store their value outside fiat for long, but they will do so long enough to make a private transaction a valuable one.

So bullish.

[Anonymous No.11990709]

>>11989983
bruh if "criminal" means tax jumpers then XMR will have plenty of value.

[Anonymous No.11990711]

>>11990064
No need to screen cap. Monero has been doing this for years. It's more stable than Tether.

[Anonymous No.11990800]

>>11988534
>>11989271
>>11989777
>>11989896
>>11989895
How do I store it in a secure way so that when the crackdown happens, my wallet wont be affected. Where do you guys keep them, which kind of wallet?

[Anonymous No.11990808]

>Worth buying sub $50?

same answer to every potentially useful/good crypto in this market.


"maybe"

[Anonymous No.11990812]

>>11990800
encrypt your wallet in a 7zip
make the zip name lalala no extension
upload it to 100 different clouds and emails

[Anonymous No.11991047]

>>11989271
This. Finally someone who understands what’s going on.

[Anonymous No.11991053]

>>11989983
Absolute brainlet. You also think people invested into Smith&Wesson should sell off all their stock because they’re facilitating murder and crime too? Fucking ape brain.

[Anonymous No.11991070]

>>11991047
Yes many buy eth or ripple, where the most 'coins' are held by a single entity, same for link. But for monero, where the emission curve is well suited for a true currency, they sceam
>Infinite supply, bruh
As I said, this is a low iq board.

[Anonymous No.11991095]

>>11991053
imagine being THIS dumb. Purchasing weapons is not illegal, concealing your wealth by converting it to monero is by definition illegal, its money laundering

[Anonymous No.11991112]

>>11991095
Look up for the term 'money laudering' before posting first. If your wealth is legal, you can convert it to monero as you like,.

[Anonymous No.11991119]

>>11991095
I don't care about your law

[Anonymous No.11991133]

>>11991112
Maybe do that yourself first. Concealing large amounts of wealth is by default money laundering regardless if they were legal money originally. There is a reason its illegal to go through airports with large amounts of cash

[Anonymous No.11991136]

>>11991133
you are brain dead

[Anonymous No.11991143]

>>11991136
tell that to the officer too when you get arrested :^)

[Anonymous No.11991146]

>>11991133
>Money laundering is the act of concealing the transformation of profits from illegal activities and corruption into ostensibly "legitimate" assets.

Btw, monero is optionaly transparent.

[Anonymous No.11991153]

>>11991146
and if you don't pay your taxes your money are no longer legitimate assets

[Anonymous No.11991160]

>>11991143

[Anonymous No.11991161]

>>11991153
>if you don't pay your taxes
This is not moneros problem.

[Anonymous No.11991172]

>>11991153
>>11991143
>>11991133


monero coin bad

[Anonymous No.11991174]

>>11991160
yeah I know, you will not get arrested. What I said is only for people that have actually lots of money to hide. You bizlets hiding your 5k will probably go unnoticed because nobody cares about you poorfags

>>11991161
it is though

[Anonymous No.11991200]

>>11991174
You have no arguments. Its time to stop posting.

[Anonymous No.11991206]

>>11991200
I already posted my arguments and so far I got zero counter arguments, try give me valid argument otherwise stop embarrassing yourself buddy

[Anonymous No.11991216]

>>11991206
Dude, pay your taxes and hold your money in its purest form, XMR.

[Anonymous No.11991220]

>>11991216
and how is a criminal token pure money?

[Anonymous No.11991224]

>>11991206
you cannot be offended or embraced on anonymous board
the only thing you can be judged on if the strength of your arguments
this why *4channel* is the greatest

[Anonymous No.11991230]

>>11991220
Tell me how in your opinion monero is criminal per se.

[Anonymous No.11991234]

>>11991224
nice argument bucko. now post me some edgy meme images instead of having to actually make an argument

>>11991230
tell me a single use of monero that isn't criminal

[Anonymous No.11991245]

I feel that they might exchanges might be banned from offering them to custlmers due to obvious money loundering implications.
Not a problem for survival of the coin but its price...
It would tank....badly.

[Anonymous No.11991246]

>>11991234
you cannot enforce any law on monero, therefore all arguments from law are invalid

[Anonymous No.11991248]

>>11991234
>tell me a single use of monero that isn't criminal
This has been answered before:
>>11990379

[Anonymous No.11991269]

>>11991248
All those arguments are based on PRIVACY not UNTRACEABILITY. Learn the difference between these two, privacy can be offered even by banks, what do you think all the rich people use? their paypal account?
Untraceability is something that only criminals want

>>11991246
edgy

[Anonymous No.11991282]

>>11991269
not an argument

[Anonymous No.11991284]

>>11991282
I would offer you a counter argument but you haven't provided me with an argument yet

[Anonymous No.11991288]

>>11991269
Monero is optionally traceable. Again, you have no arguments.

[Anonymous No.11991301]

>>11991288
so its optional to use its only feature? that makes it even more worthless

[Anonymous No.11991306]

>>11991269
Monero gives the good parts of bitcoin and the good parts of the current system and removes the terrible parts of both. It's world changing.

[Anonymous No.11991313]

>>11991306
yeah they are life changing, if you are a mafia boss

[Anonymous No.11991324]

>>11991313
No it's life changing for regular people. You don't have to get raped by your country's money policy or by banks closing your accounts but you can still actually use it like normal money that can't be seen by everyone.

[Anonymous No.11991358]

>>11991095
You are 3/3 with absolute top tier brainlet comments. It’s not against the law to take my money that I paid taxes on and convert it to monero.
>doesn’t know about view key
Ffs

[Anonymous No.11991372]

>>11991301
get the fuck out low IQ shill
There is no difference between privacy and untraceability you fucking retarded shit. Got the same brain virus as zuko or what?
>>11990379
has spelled out plenty of arguments, case closed.
The fact that your government is friendly to you now doesn't mean it will be friendly to you 10 years from now. Has nothing to do with MUH EDGY and MUH CONSPIRACY. Just look at history and learn from it, why else even bother knowing anything about history if you don't try to extract knowledge from it?

Using a bank is by definition not completely private. You subject yourself to the integrity of the bank, the security protocols of the bank & the integrity of the wagecucks having acces to your information. One of these wagecucks might very well snap one day, take all the info and sell it to the highest bidder.
It just so happens to be the case that complete personal information profiles for westerners including passport copies/selfies(which just happens to be the way many exchanges want you to verify your identity) are quite valuable. Can net some hard cash for that shit on the deepweb, regardless of how shit your exchange is.
>>11989874
Cash lets you evade tax retard, dont see cash outlawed do you?
>>11989894
Dark/deepweb exchanges, decentralized memes(already exist, liquidity is just limited)

[Anonymous No.11991380]

>>11991269
See this post
>>11989033
If you believe bitcoin and all other crypto is useless, exclusively for criminals, and we should only use the current banking system then fine. Singling out "privacy coins" as criminal is completely retarded since they are the only coins that resemble actual money as it has ever been used.

[Anonymous No.11991389]

>>11991372
yes dumbass, its illegal to transfer more than 10k in cash between countries, which is effectively what you can do with monero. Learn the laws between embarrassing yourself

[Anonymous No.11991410]

>>11991389
>embarrassing
you are brown, I grantee it you are some muslim shitskin
your kind is the only one that still uses shaming

[Anonymous No.11991427]

>>11991410
aww did you run out of arguments and now you must sperg out? how cute!

[Anonymous No.11991446]

>>11991427
I have only one
your law is not enforceable therefore is null and void

[Anonymous No.11991464]

>>11991446
yeah its not enforceable in your case because you are a poorfag and nobody cares about you

[Anonymous No.11991480]

>>11991464
case closed
make 100 wallets then rich boy

[Anonymous No.11991509]

>>11991480
yeah and then the government dumps on me the confiscated coins of criminals and my money get halved

[Anonymous No.11991566]

>>11991509
fungible means interchangeable
that is why monero was born
to be fungible, to not have way to tell if the coin was used before

BTC is not fungible
the only coins that can be true currency have be fungible, to be fungible you have to be private

[Anonymous No.11991769]

>>11991389
And why is it illegal idiot?
Anti money laundering.
What is the most sensible answer to that?
It is nobodies fucking business if I take 5k, 500k or 5mil across a border
Just because something is the law doesn't mean it is right or righteous.
If they want to catch people smuggling shit and/or for selling drugs or whatever the law has deemed "evil" go catch these bad bad people, taking away freedom of monetary control from all people is not justifiable.

Now seeing as that you seem unable to counter any of the other points I adressed above you agree that there is in fact no difference between privacy and untraceability?
That untraceability is just the best kind, the only kind really of actually offering privacy?
You may believe that shitcoin3003 and shitcoin9023 will moon many times over, at least before monero will and therefor see them as better coins to hold. Which is justifiable. Saying something like: you can have privacy but still be tracable for "criminal activity" is beyond retarded.

[Anonymous No.11991790]

>>11991509
Honestly the government should ban all crypto currency. The only reason not to is because they know it can't be stopped. If the government starts banning coins and doesn't ban them all I'd be wary of the usefulness of the coins that are allowed.

[Anonymous No.11991829]

>>11991769
privacy is legal untraceability is not, learn the difference brainlet

[Anonymous No.11991834]

>>11988411
Was literally just thinking it was time to get a huge stash. I'm also looking to start mining it. Anyone have success with mining monero? What kind of costs am I looking at to start it up?
>>11988534
This. The future will be ancap corporations mining xmr in back ground to pay for ops.

[Anonymous No.11991846]

>>11991829
both e perfectly legal in a normal society
you can make the argument that slavery was legal too minion

[Anonymous No.11991870]

>>11989271
It also gives miners an incentive to continue mining and secure the chain instead of relying on fees when all BTC is mined. What if the fees aren't enough because the price is too low or everyone is using lightning/liquid and not the main chain?

[Anonymous No.11991876]

>>11991846
untraceability is by default illegal, thats the whole point of anti money laundering dummy

[Anonymous No.11991884]

>>11991876
no it is not, show me the law
cash is untraceable

[Anonymous No.11991888]

>>11991829
>privacy is legal untraceability is not
1. Untaceability is not illegal.
2. Monero is traceable by sharing the view key.
You were proven wrong many times. Stop fuding.

[Anonymous No.11991904]

>>11991884
and thats why you can't transfer more than 10k cash between countries either without declaring them, because that would be illegal

>>11991888
if monero is traceable then what's the point of having it instead of any other shitcoin?

[Anonymous No.11991914]

>>11991904
IQ of paperclip

[Anonymous No.11991922]

>>11991904
look it is illegal right
that does not mean you can't
and that does not mean in is not happening

you are brainwashed

[Anonymous No.11991941]

>>11991904
Your personal transactions are optionally auditable. You can share your view key with only the IRS without having retard levels of transparency to the rest of the world.

[Anonymous No.11991951]

>>11991914
I like how you didn't even try to make an argument. How does it feel to have sub 80 IQ?

>>11991922
nice goalpost moving buddy, before you were trying to argue that untraceability is legal and now that you admit its illegal you say it doesn't matter? lmao. Nobody said monero isn't good for hiding, I said its not good as an investment because it well get constantly fucked and cracked down by goverment

[Anonymous No.11991958]

>>11991904
>if monero is traceable then what's the point of having it instead of any other shitcoin?
It is traceable by request. They keyholder can provide trace by sharing the view key.

[Anonymous No.11991968]

>>11988411
>Is this coin hopeless?

short answer: "yes"

[Anonymous No.11991972]

>>11991958
the why have untraceability as an option when you will still have privacy without it?

[Anonymous No.11991988]

>>11991951
>I like how you didn't even try to make an argument. How does it feel to have sub 80 IQ?
Actually it is you, who has no arguments.

[Anonymous No.11991992]

>>11991951
it does not matter de Jure
it is not enforceable
it is not traceable at any point
you have pleasurable deniability at all points

it is impossible to be found guilty, even in pakistan you fuck

[Anonymous No.11992002]

>privacy coin
>can't use it on dream market
wew

[Anonymous No.11992014]

>>11991972
Nigger what the fuck are you saying here? Learn how Monero works and learn how bitcoin works.

[Anonymous No.11992033]

>>11991988
>>11991992
>>11992014
you retards really have a reading comprehension problem. I never argued that monero doesn't work and wont keep you hidden, I said its a shitty investment because its price will get fucked by the government.
Enjoy your hidden money from the evil government when they will barely worth anything after you get fucked by confiscated dumpings and exchange bans

[Anonymous No.11992055]

>>11992033
it's over
brainlet capitulated
pump it

[Anonymous No.11992074]

>>11992055
who's gonna pump it? Ivan the heroin dealer or Ahmed the Isis bomber? or maybe those 10 ancap tards with 3k in savings? lmao

[Anonymous No.11992081]

>>11992074

[Anonymous No.11992119]

>>11992002
>can't use it on dream market
Speaks against this market

[Anonymous No.11992139]

>>11991172

[Anonymous No.11992146]

>>11992081
Fucking owned that boomer

[Anonymous No.11992219]

>>11992033
>hidden money from the evil government
That's the opposite of what I said you fucking spastic. You can prove to the government you aren't money laundering while keeping it hidden from EVERYONE ELSE.

[Anonymous No.11992584]

>>11991834
>Anyone have success with mining monero?
Yeah it's pretty easy to do, I've mined a few over the past year or two with minexmr. It's just a hobby for me. I wouldn't recommend it as a way to actually start accumulating Monero, you'd be way better off just straight up buying it at these prices. Hardware can be had for cheap now on the used market, so that's nice.
>>11991951
>its not good as an investment because it well get constantly fucked and cracked down by goverment
Right now we're still in uncharted territory when it comes to how governments will handle Monero or crypto in general. I don't think anyone can know for sure what's going to happen but if international exchanges become a point of failure because of shutdowns or threats of legal action then decentralized exchanges will become much more usable and liquid.
>>11992219
I don't think that guy is operating with a full deck.

[Anonymous No.11992903]

I just want to bump this thread in hopes that the guy with 31 posts comes back for more discussion. He seems very passionate about this subject.

[Anonymous No.11993109]

>>11992903
He is busy reading about monero.

[Anonymous No.11993235]

daily reminder to help fund the forum funding requests, MRL is researching on how to get rid of ring signatures, help every single FFS you can!

https://forum.getmonero.org/8/funding-required

[Anonymous No.11993723]

>>11993109
By looking at his responses I can certainly say that he cannot read

[Anonymous No.11994352]

>>11989983

[Anonymous No.11994553]

>>11993723
Kek

[Anonymous No.11994615]

>>11992055
Monero has underperformed so badly over the last year compared to loads of other shitcoins,"privacycoins" and ICO's despite all you fucking retarded sóyboys regurgitating the same "muh fungibility" talking points over and over again, lmao these fucking XMR brainlets are hilarious

[Anonymous No.11994651]

>>11994615
forgot to mention that even the most popular darknet markets who've adopted XMR struggle to keep it's daily transactions up, it's a fucking worthless reddit-tier coding project

[Anonymous No.11994683]

>>11994651
>>11994615
tfw the guy who did software engineering for over 30 years and wrote worlds fastest in memory database (LMDB) gets btfod by a random /biz/ bagholder who calls him out as reddit-tier coder

[Anonymous No.11994837]

>>11988411
Not worth buying any coin rn but in the future when everything bottoms out and stabilizes this will be one of the few to get

[Anonymous No.11994852]

>>11988411
funds are safu

[Anonymous No.11994877]

>>11994837
markets are unforgiving, there will not be a big flashing sign
THIS IS THE BOTTOM
it will be over and out in 2 minutes

[Anonymous No.11994977]

>>11990800

Ledger + GUI

[Anonymous No.11995015]

>>11994683
He also wrote network code for the space shuttle and sings a mean version of 'four and nine'.

[Anonymous No.11995409]

>>11988411
>buy high, sell low
never change, /biz/

[Anonymous No.11995445]

I doubt online drug dealers (ie only users) hodl this coin after they get it, probably sell it ASAP. So why would it go up.

[Anonymous No.11995533]

>>11994651
>r*ddit tier
>probably has created some of the most innovative cryptography in networking systems to date

kys. though i sort of agree. most of the cool stuff in XMR is created by Van Saberhagen (who has left years ago), Greg Maxwell (who doesnt even work on monero but bitcoin) or the one researcher Shen Noether.

Would rather buy dero desu

[Anonymous No.11995561]

>>11990800

Dont listen to the other guys, i own a Ledger myself but in case of a real crackdown, Those devices Will get a backdoor for sure.

The only way to truly be sure is to install a fresh 100% proprietary-free linux os, such as Arch Linux, then compile the monero-cli and monerod and create a paper wallet. All this without ever connecting the Computer to the internet.

After this, you destroy the medium you installed the OS on (preferably a USB stick to make it cost efficient)

[Anonymous No.11995723]

>>11995533
>Greg Maxwell (who doesnt even work on monero but bitcoin)
Is he going to turn Bitcoin into a privacy currency?

[Anonymous No.11996217]

>>11995445

>i doubt online drug dealers (ie only users) hodl bitcoin after they get it they probably sell it ASAP. so why would it go up?

[Anonymous No.11996996]

For anyone who thinks XMR’s capacity to operate outside legal parameters is a downside; Read anything about the reason we have crypto.