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30333777 No.30333777 [Reply] [Original]

Get in, we're hitting 10k

>> No.30333820

>>30333777
hitting it with what?

>> No.30333831
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30333831

>>30333777
megachecked

>> No.30333848

>>30333777
uwu digits

>> No.30334343
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30334343

>>30333777
Checked

>> No.30334398

>>30333777
>untraceable DEXes
I can almost hear hear the sweat drops rolling off Uncle Sam's brow.

>> No.30334461
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30334461

>>30333777
trips have spoken

>> No.30334580

https://github.com/comit-network/xmr-btc-swap
Testnet swaps are live if you thought the OP was just hype.

>> No.30334609
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30334609

>>30333777
10k is fud.

>> No.30336183

never been comfier

>> No.30336573

atomic swaps are a red herring. they aren't going to increase the valuation of xmr. If people wanted to switch from btc to monero they would have used decentralized exchanges already.

The monero community putting so much hope in atomic swaps is a mistake and it will result in a massive "sell the news" dump when it releases.

>> No.30336671

>>30336573
>they would have used decentralized exchanges already.
There is no US-accessible DEX that swaps for XMR and doesn't have KYC

>> No.30336831

>>30336671
Bisq?

>> No.30337001

>>30336831
It got compromised last year.

>> No.30337093

>>30336671
I didn't even know that. Thanks, anon.

>> No.30337120

Wouldn't this mean the Mt. Gox hacker can wash his coins?
Fucking imagine having to explain to CZ how you got those Gox coins when trying to cash out the BTC you traded your XMR for

>> No.30337166

>>30334398
It's ok, he's just gonna jail you when you try to buy something with it.
And it'll be up to you to prove how you got the money. Presumption of innocence doesn't apply when dealing with the jew.

>> No.30337189

>>30337120
>Wouldn't this mean the Mt. Gox hacker can wash his coins?
Probably. He literally has several billion dollars too. This would cause a horrendous crash in bitcoin and a 10x moon in Monero if he actually tried dumping it all.

>> No.30337208

Beginning of November .0115

Beginning of March .0042

This is what monero has to show for the bull run where other coins have gone 100-200%

XMR would have to be one of the worst performers during this run its insane.

I highly doubt Atomic swaps are going to pump anything?

>> No.30337412

>>30337001
Wait what? What happened exactly? Also I just went to check and the volume of Monero trading there has been completely wiped out for some reason.

>> No.30337889

>>30337120
Yes it means Mt. Gox can wash BTC. And XMR holders, knowing this risk, will implement a high premium on the price of XMR as a result.

>>30337412
The XMR/BTC pair was compromised because BISQ used an insecure intermediary for escrow and they didn't actually verify they were using the right escrow address when someone changed the addresses for the BTC/XMR pair escrow through their DAO.
Since their DEX isn't true P2P like atomic swaps, someone basically just injected their address as the middleman instead of the bisq official one and pocketed trades that were coming in for BTC/XMR swaps.

>> No.30337901 [DELETED] 

The best crypto project is $MCM

> post quantum secure
> future of crypto
> no ico
> didn’t solicit any investment

>> No.30337964

>>30337901
What's the best curry?

>> No.30338100

>>30337208
Monero has been literally proven to get suppressed by glowniggers: The fed paper on how to handle privacy currencies that can't be cracked (i.e XMR, which still hasn't been cracked with a 10BTC bounty) was "Just buy up most of it and keep dumping to prevent the price from mooning and letting normies catch onto it."

>> No.30338111

>>30337889
Damn holy shit ok now I'm convinced that this is insanely bullish

>> No.30338160

>>30337901
I'm not sure if you're trolling but all of those are also true for Monero.

>> No.30338185

I don't believe in atomic swaps. Why would anyone exchange their xmr for btc? There is no use case for that.

People holding BTC do so for valuation increase so they aren't trading. Only criminals will swap for XMR but XMR holders won't swap because they can't do anything with that BTC anyway.

>> No.30338522

>>30338185
The issue is that BTC whales (the gigaholders) can't even touch their BTC right now without atomic swaps because they would immediately be fucked.
You try touching a 100,000BTC wallet as an individual and not an exchange.

>> No.30338550

>>30338522
That is to say, there's no point in holding BTC to increase the value if you can then never spend BTC. You're effectively buying something that's so valuable it actually becomes worthless because you have no liquidity when you're a whale.

>> No.30338661

>>30338522
>>30338550
Yeah I get why whales would want to sell out of their BTC. However I don't get why someone holding XMR would want to trade their XMR for BTC. Whales can't trade their BTC if no one is offering them to trade their XMR.

There is absolutely NO reason for XMR holders to get tainted bitcoin.

It's a red herring. It won't increase valuation because it won't be used.

>> No.30338853

>>30337889
>And XMR holders, knowing this risk, will implement a high premium on the price of XMR as a result.
That's what I was thinking too but was too lazy to mention. At up to 650,000 BTC in his/their possession, what would the going rate be? Even at a 1:1 rate the hacker(s) would still make well over 100 Million.

>> No.30338965
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30338965

>> No.30339164

>>30338661
It would t be exclusively tainted BTC is the thing. Basically XMR with atomic swaps would go up in value globally specifically in response to the risk of tainted BTC.

>> No.30339234

>>30337166
What money? What wallet? What's a monero?

>> No.30339251

>>30339164
Why? Why would non-tainted BTC be traded via atomic swap instead of sold at an exchange. I get tainted BTC.

Also why would any sane person trade their XMR for a useless bitcoin? It just makes no economical sense from the XMR side.

>> No.30339363

>>30339251
Because XMR’s privacy already prevents it from even being listed on some exchanges. On MOST exchanges, even. And those that have it are either insecure or require KYC, negating the purpose.

>> No.30339411

>>30339251
Trading via atomic swaps will still be more convenient than going through an exchange, so even people with clean bitcoins would prefer to use it.

>> No.30339436

>>30339363
Okay that makes sense from the btc perspective. But why would someone trade their XMR and risk a tainted btc. As a xmr holder myself I would never do such a trade. It makes no sense for me.

>> No.30339517

>>30338100
Nice, time to make my own fork and sell it to feds.

>> No.30339530

>>30338965
Shitcoin.

>> No.30339558

>>30339436
I think holders would for a price, but that price is at least $10k/XMR and tainted coin holders can either continue having worthless stacks or play ball.

>> No.30339676

All this talk of tainted BTC... Obviously, major exchanges like Coinbase/Binance/etc, as well as services like Localbitcoins/paxful/etc are going to be monitoring BTC addresses and using chainalysis, but how is a layman XMR holder supposed to know if a BTC address is tainted or not? Are you telling me that everyone trading via atomic swaps is going to be like "ayo hold on, lemme check your entire bitcoin history real quick senpai"? I think this anon gets it: >>30339164 , there won't be a premium placed on addresses with tainted bitcoins, only a premium placed on the overall risk of receiving tainted bitcoins.

>>30339436
>But why would someone trade their XMR and risk a tainted btc. As a xmr holder myself I would never do such a trade. It makes no sense for me
Maybe you could weaponize tainted BTC. If you swap XMR for tainted BTC you could use that dirty stack to buy shit from people you don't like and possibly sully their entire stack. Isn't that how it works?

>> No.30339725
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30339725

My body is ready.

>> No.30340006

>>30339676
send them all to binance lmao

>> No.30340536
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30340536

>>30339234
I never used the word monero. You're going to jail now.

>> No.30341609
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30341609

>> No.30341740

What will happen first? Bitcoin to 100k or XMR to 5k?

>> No.30342121

I bought 1 (one) XMR just in case and because I like privacy.

>> No.30342292

>>30338965

Shit ZOG coin

>> No.30342317

>>30339676
Tainted BTC is a theoretical concept. ATM nobody is blocking BTC transactions based on history.

If they don't block transactions based BTC history, atomic-swaps is a way to ensure the governament cannot ban XMR without also banning BTC.

It they start blocking BTC transactions, BTC will lose a lot of value and people will start to value privacy a lot more.

Either way, it's a bit win for Monero.

That doesn't mean the value of 1 XMR will 10x.
You can launder a lot of BTC over time by buying and selling XMR repeatedly.
This increases the velocity of XMR, but not its price.

>> No.30342688
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30342688

>>30342317
>>Tainted BTC is a theoretical concept. ATM nobody is blocking BTC transactions based on history.

Uhhhh......

>> No.30342713

>>30342317
>ATM nobody is blocking BTC transactions based on history.
So then we are all just imagining this tweet then
https://twitter.com/Marty_P_B/status/1366737347887456260?s=08

>> No.30342798 [DELETED] 

>>30333777
Checked, trips of truth I wish you XMR chads all the luck you will overtake ETH and become the rightful number 2 of coins.
I wish I could be an XMR chad but I still wish you all luck 8B3mgJfu41tXYdHaCcMCPAPgmB9cdPxN1HRkkD34tsMDAQoRq1Lg2nEbxZ1cxukLg6UuuMKa22R5rVQ4PtBqdvtA2yW4mAi

>> No.30342855

>>30342798
Stop begging. Jannies, clean this up please.

>> No.30343148

>>30341740
Bitcoin to 100k. That's when people will start wanting to cash out and getting got by the IRS, then they'll FOMO into XMR and drag it from the table at Joe's Crab Shack to $10k.

>> No.30343572

>>30342317
I'm kind of with you here.
The moment we get reliable and secure atomic swaps and maybe even Schnorr sigs in BTC the concept of tainted BTC will be nonsense and even burger kikes like >>30342688
>>30342713 can go fuck themselves.
BTC will effectively inherit XMRs properties which will drive demand for both.

>iT iS aCtUaLlY iLlEgAl To TrAnSaCt WiTh ThEsE sPeCiFiC aDrEsSeS!
lmao burgers