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/biz/ - Business & Finance


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50176966 No.50176966 [Reply] [Original]

Welcome to the Monero General, dedicated to the discussion of the world's leading decentralized P2P privacy cryptocurrency!

Monero is secure, low-fee, and fungible, meaning users can send XMR around the globe despite corrupt governments or broken financial systems. Innovative privacy features such as Ring Signatures, Stealth Addresses, and Ring CT ensure that Monero's blockchain is obfuscated -- In other words, the financial history of all Monero users is encrypted from the prying eyes of adversaries on a public blockchain, with transactions being visible only by a user willingly providing a view key.

Monero has also improved upon the scaling downsides of current popular cryptos. To avoid high fees, dynamic block size ensures that the size of the blocks will increase as the amount of transactions increases. Further, the mining network algorithm RandomX establishes that anybody with a CPU can participate in mining, preventing the ASIC miner domination that creates a high barrier of entry. Lastly, the mining network will be preserved by Tail Emission -- instead of the block reward falling to zero like with Bitcoin, the block reward will gradually approach 0.6 XMR in June 2022, where it will forever stay. This constant linear inflation means the inflation rate will asymptotically go to zero while continuing to provide an incentive to miners to maintain the network.

If you still have questions, feel free to ask and a MoneroChad will be with you shortly.

XMR Redpill: https://youtu.be/wq6w03E2DS4

XMR Stats: moneroj.net

USE Monero: https://cryptwerk.com/pay-with/xmr/

OFFICIAL WEBSITE - getmonero.org

WHERE TO GET MONERO?

>KYC:
Kraken
Binance
Bitfinex

>Non KYC:
LocalMonero
Morphtoken
Bisq
Kucoin
Tradeogre
Crypto ATMs
see: kycnot.me

>Mining
archive.is/TWOah

HOW TO STORE MONERO?

>Desktop
Official Gui/Cli
My Monero
Exodus
Feather

>Mobile
IOS: Cakewallet
Android: Monerujo

>> No.50176997
File: 577 KB, 1298x900, 162614854231641471.jpg [View same] [iqdb] [saucenao] [google]
50176997

PREVIOUS THREAD: >>50100534

>> No.50177020
File: 889 KB, 1568x1080, P2Pool.png [View same] [iqdb] [saucenao] [google]
50177020

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

>> No.50177038
File: 65 KB, 560x558, TakeThePill.jpg [View same] [iqdb] [saucenao] [google]
50177038

*****/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

>> No.50177065
File: 1.47 MB, 1920x3246, CypherpunkManifesto.png [View same] [iqdb] [saucenao] [google]
50177065

Never forget what this is ultimately all about.


>Help grow the circular Monero economy: buy/sell goods & services with XMR!
https://monerica.com/
https://www.reddit.com/r/moneromarket/new/
https://monero.com/marketplace
https://cryptwerk.com/pay-with/xmr/
https://acceptedhere.io/catalog/currency/xmr/

>Want more Monero-chan? Donate to the Community Art Fund
https://www.monerochan.art/

>> No.50177088
File: 64 KB, 800x531, History-of-Asset-Bubbles-Past-40-Years.jpg [View same] [iqdb] [saucenao] [google]
50177088

>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.

>> No.50177107
File: 267 KB, 550x1198, BTC-halving.jpg [View same] [iqdb] [saucenao] [google]
50177107

>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 $7.15 billion/year.

Even if these numbers were somehow realistic, can you imagine securing a $62 quintillion market cap on only $7.15 billion/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

>> No.50177111
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50177111

Morning bros. Stop giving (you)s to the shills, you goddamned newfags

>> No.50177368
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50177368

>>50177111

Moneroniggers about to learn that you cannot stop that which is inevitable.

>> No.50177448
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50177448

The fundamentals speak for themselves.

>> No.50177596

Is it offtopic and therefore banable offense spamming this general with shill posts?
I know from other boards you get banned for way less.

>> No.50177796
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50177796

>>50177596

Afraid of the competition? Of course you are.

>> No.50178045

>>50177596
I believe so.

>> No.50178178

I thought the anon who went through the trouble of streamlining the op did it because alot of anons where comparing about those retarded blackpill walltexts in the start of every thread. It was better for a while but now its the same problem again but with extra shit added to the pastebins

>> No.50178250

>>50177796
I will consider it a competition when I can buy stuff with it. And even then I will just use it. If the black market doesn't use it, if the scammers don't use it, why bother. I don't have to be some crypto millionaire, I just want usable currency and monero is doing just that.

>> No.50178294

>>50178250
>>50177111

>> No.50178990
File: 1.04 MB, 1200x1145, wirey.png [View same] [iqdb] [saucenao] [google]
50178990

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

>> No.50179689
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50179689

Anyone have a link to that really chill XMR 24h radio site

>> No.50179899
File: 167 KB, 1878x2261, 1654026244437.png [View same] [iqdb] [saucenao] [google]
50179899

>>50179689
Seconding.

>> No.50179901

>>50179689
milkroadpnacxoihex7maf2fu6xjlkllkx2rrbyqca6dp6elxmj3u7yd.onion
olwxvhwaq422rcrlmvh6wgrdczyfyeag645du4cwncutqblkfmaq.b32.i2p

might be dead, can't find the clearnet link

>> No.50179940

>>50179901
Okay, found it.
https://m.mixcloud.com/live/xmr_radio/
It's dead.

>> No.50179966

>>50179940
Yeah, I figured :(

If anyone wants a similar vibe check out radio.lainzine.org

>> No.50181447
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50181447

>>50176966
>Emission -- instead of the block reward falling to zero like with Bitcoin, the block reward will gradually approach 0.6 XMR in June 2022, where it will forever stay.
This part needs an update, tail emission is already in place. Will you be adding information about seraphis once established?

>> No.50182175

>>50179901
i2p is fucking hard to set up
only uber schizo use it

>> No.50182526
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50182526

>> No.50184137

Bizzump

>> No.50184519

I <3 you monerobros

>> No.50184531
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50184531

>> No.50184715
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50184715

>>50184519
>>50184531
Based.
Working on making more Monerochan edits. Should have a new one that should be ready by the end of today.

>> No.50184901

>>50184715
remember the link for easy validation
https://p2pool.io/tail.html

>> No.50185051

>>50176966
time to shitpost all day at work again :^)
>>50177796
competition is good. helps products improve.
>>50179689
/g/entoomen listen to chiru.no and listen.moe
there is also lainchan radio but i don't like it much
>>50182175
it's really not.

>> No.50186109
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50186109

>> No.50187025
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50187025

>> No.50187770
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50187770

Holy shit, I thought I lost them but after two months I could finally withdrawal from polo

>> No.50187939

>>50182175
It's really not, just follow the guide on geti2p.net

>> No.50188155

>>50187770
that's near "make it" stack, anon. Good on you that you snatched them back.

>> No.50188333
File: 399 KB, 666x666, Monerochan - Wrath of the Autists.png [View same] [iqdb] [saucenao] [google]
50188333

Orange woman good.

>> No.50188388

>>50188333
checked.

Bros, I am looking forward to having Seraphis/Jamtis upgrade. It will greatly augment the Monero network's capabilities!

>> No.50188402

>>50177065
It's about Monero-chan, right?

>> No.50188635
File: 1.45 MB, 1637x2315, 1647301493522.png [View same] [iqdb] [saucenao] [google]
50188635

>>50188402
Yes

>> No.50188972
File: 581 KB, 644x793, xmr_chan.png [View same] [iqdb] [saucenao] [google]
50188972

>>50188388
>Seraphis/Jamtis upgrade.
What will happen to my moneros, addresses, view and spend keys and seeds?

>> No.50189050

>>50188972
read the discussions here:
https://libreddit.wef.lol/r/Monero/comments/sd1axg/learning_about_seraphisjamtis/

>> No.50189569
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50189569

Finally did it bros, it's not much but it's mine

>> No.50189607
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50189607

>>50187770
>>50189569
please stop disclosing

>> No.50190013

>>50189050
Thanks, Is it correct to say that I need to generate new set of keys?
Should I also translate my seeds when the fork is complete?

>> No.50190165

>>50190013
Afaik you don't need a new seed. Your existing seeds will be able to generate new addresses.

But I would create a new wallet with new seeds (preferably with 16 words polyseed) after the Seraphis/Jamtis upgrade.

>> No.50190424
File: 1.37 MB, 827x1300, TN-Monerochan.jpg [View same] [iqdb] [saucenao] [google]
50190424

>>50189569
You're ahead of 99.999% of people. Congrats anon!

>> No.50190756
File: 390 KB, 5000x5000, ttt.png [View same] [iqdb] [saucenao] [google]
50190756

>>50190165
Lets say this is my 25 words seed
'
locker welders womanly lodge gumball selfish altitude dewdrop
terminal nagged exit acquire hookup ashtray wobbly nineteen
duration duties javelin patio baffles ambush bamboo bite nineteen
'
How do I get the equivalent 16 word polyseed?

>> No.50190842

>>50190756
You can't. Polyseed. afaik, cannot be derived from 25 word seeds.

So, I would generate a new seed.

Bu Seraphis/Jamtis doesn't require you to get 16 word seeds. You can still use your old 25 word seeds to create Seraphis/Jamtis addresses.

>> No.50190872

>>50190842
>Bu Seraphis/Jamtis doesn't require you to get 16 word seeds. You can still use your old 25 word seeds to create Seraphis/Jamtis addresses.
So I can continue using the older 25+1 word seeds as if nothing has happened. (After generating the newer addresses ofcourse.)

>> No.50190913

>>50190872
Yes.

>> No.50190925

>>50190872
>>50190842
And can the after-fork monero-wallet-cli open the pre-fork wallet and key files?

>> No.50190979

>>50190925
I would say yes. Because OF COURSE you will still have your pre-fork Moneros after the Seraphis/Jamtis fork.

>> No.50191762

>>50190979
>>50190913
T. Hanks
XMR thread is peak comfy.. just a bunch of anons disssing and guiding other anons towards privacy.
I love you all niggers so much that it is unreal

>> No.50191888

>>50191762
Love you fag.
Keep stacking. Get a suicide stack at least.

>> No.50192264
File: 1.15 MB, 1598x1598, Monero-chan Doodle CHECK &#039;EM Upscaled.png [View same] [iqdb] [saucenao] [google]
50192264

>>50188333

>> No.50192775

I'm mining with a Core i5 at a hashrate of 1200 H/s
Moning on P2Pool Mini
Via the Monero GUI
and i have done this since like 14 days now, but only got one single payout five days ago.
Is this normal?

People told me they get payouts like once a day with such a hashrate? with the same setting from their Monero GUI.
But i read, that you basically only have to set up these two things : P2Pool and then Mini in order to make this work
I'm confused, am i doing it wrong?

>> No.50193113

>>50192775
>mining @ 1200h/s

how many cores are you utilizing?
Perhaps if you're dissatisfied with your current revenue, you might want to try mining the proper way with xmrig? To my knowledge you can't make the gui miner use hugepages which is kneecapping your performance out of the gate.

>> No.50193352
File: 60 KB, 482x518, Mining.png [View same] [iqdb] [saucenao] [google]
50193352

>>50193113
>how many cores are you utilizing?
It is utilizing all four cores and they run at about 55 to 70% each.
it's shown in the OS's menu bar in real time for each core
As seen in the picture, two threads of four are used.
Sure, there are ways i think to squeeze out more and get a higher hashrate maybe, but that would mean my computer slows down and the fan will spin like crazy.
And since this is my one and only computer, i want him to be still usable for daily tasks.

>> No.50194039

>>50193352
Then given your situation with only having the one and still wanting to be able to use it while it's mining, I'd say you're doing just fine given the silicon you have at your disposal.

Any intentions of setting up dedicated miners?

>> No.50194198
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50194198

post kino monero memes

>> No.50194250
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50194250

>> No.50194333
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50194333

>>50194198
I want Yessica to scream at me while I ego lift far more weight than I'm used to.

>> No.50194397
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50194397

>> No.50194427
File: 107 KB, 512x512, Monero Apu Giga Chad 2.png [View same] [iqdb] [saucenao] [google]
50194427

>>50194198
https://mega.nz/folder/JSYUlZrY#CxTF5PTJKcWIPt7qzduHzQ/folder/VGhGCChJ
An entire folder of Monero memes just for (You)

>> No.50194528
File: 1.76 MB, 320x278, buy_xmr.gif [View same] [iqdb] [saucenao] [google]
50194528

>>50194198

>> No.50194574

>>50194397
Yes it’s very obvious monero is a gov project now that financial accountability is on the horizon. I mean monero is an Esperanto word, so obvious.

>> No.50195961
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50195961

>> No.50196005

>>50176966
checked fucking devil digits
i have a question tho
if i put $35 in btc through mixers to monero and backwards, how much money will i have?

>> No.50196169
File: 199 KB, 700x700, Apu SS.png [View same] [iqdb] [saucenao] [google]
50196169

Ok Monero chads, I have a question about ring signatures. As far as I understood, if you send someone XMR, he can see 128 possible addresses where the Monero could have come from. My question is, can he acually see my legit address in one of these addresses? If I sent the same person XMR twice, could he find out what my wallet is by just comparing both 128 addresses and finding the one address that was present in both transactions?

>> No.50196268
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50196268

>>50196169

No addresses appear on the blockchain, ring signatures only serve to obscure the true TXO spend.

>> No.50196561

>>50196169
In short no, you don't have your address on-chain, you just have a bunch of one time addresses holding your money derived from your address. So if you send 2 transactions, you'll use 2 different inputs in the rings.

>> No.50196648
File: 85 KB, 1387x702, Apu fren.jpg [View same] [iqdb] [saucenao] [google]
50196648

>>50196268
>>50196561
Thanks kings. I now feel a lot better about my plan to use Monero to make an anonymous wallet.

>> No.50196700
File: 285 KB, 1920x1080, silmarillion.jpg [View same] [iqdb] [saucenao] [google]
50196700

XMR global reserve currency when?

>> No.50196907

>>50196700
NOW

>> No.50197106

How much xmr do I need for a sui stack?

>> No.50197178

>>50194039
>Any intentions of setting up dedicated miners?
Yes maybe at a later point, but for now, there is no way doing it economically.

CPU's and mainboards are very expensive and since we have the highest electricity prices on the fucking planet (35 Eurocent per kwh), i have to see if this is economically feasable.
I don't do this for making money with mining, i just wanted to make sure this is normal to not get a payout every or every third day or so amd that i contribute to the network.
Even if it's just a tiny little bit of contribution.

>> No.50198458
File: 188 KB, 398x599, Monero Klaus Barbie.png [View same] [iqdb] [saucenao] [google]
50198458

My fren wants to buy a gombuter to do Monero mining and maybe node. His mom wants to know what would be a strong unit to get started with that isn't too technically intense. Maybe a big system 76 with AMD Ryzen or some kind of gamer rig? Any direction.

>> No.50198605
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50198605

>>50188333 (Trips of Truth)

>> No.50199241
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50199241

>> No.50199591
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50199591

>>50176966
Based Monero chads!

>> No.50199676
File: 119 KB, 450x568, 1642864359974.png [View same] [iqdb] [saucenao] [google]
50199676

Bought another whole monero today. feelsgoodman.

>> No.50199951
File: 1.18 MB, 2001x750, silver_monetary.png [View same] [iqdb] [saucenao] [google]
50199951

Is there a constructive way to compare the traditional features of monetary silver to digital xmr? This would help both.

>> No.50200103
File: 1.99 MB, 2997x3919, 1650904361803.jpg [View same] [iqdb] [saucenao] [google]
50200103

>> No.50200506
File: 3.39 MB, 3000x2121, xmr_craft.jpg [View same] [iqdb] [saucenao] [google]
50200506

>> No.50200555
File: 31 KB, 527x425, monero_x.jpg [View same] [iqdb] [saucenao] [google]
50200555

>> No.50200575
File: 3.40 MB, 2107x2500, monero_chan_i.jpg [View same] [iqdb] [saucenao] [google]
50200575

>> No.50200604
File: 664 KB, 936x900, 1650776084914.png [View same] [iqdb] [saucenao] [google]
50200604

>>50179689
>>50179901
>>50179940
>>50179966
https://www.monerochan.moe/

>> No.50200901

>>50191762
Privacy is pretty much important to anons who do not ant to lose their assets, you cock sucking demon, even though I do not use Monero but Railgun simply because there is no limit to the number of tokens or assets that can be transacted privately unlike Monero.

>> No.50201046
File: 9 KB, 231x218, file.png [View same] [iqdb] [saucenao] [google]
50201046

Discreet is getting its own exchange on top of its Bittrex and hinted-at Binance listings. Thoughts?

>> No.50201110

is Cake Wallet safe to use?

>> No.50201128
File: 681 KB, 1588x2245, Monero Explained.jpg [View same] [iqdb] [saucenao] [google]
50201128

>> No.50201350
File: 65 KB, 713x267, Monero GTP-3 AI Conversation.png [View same] [iqdb] [saucenao] [google]
50201350

>> No.50201366

>>50201110
Yes. Download the apk from their website if on android.

>> No.50201546

>>50179689
https://www.mixcloud.com/live/xmr_radio/

>> No.50201576

>>50199951
A currency is:
>a medium of exchange
>a unit of account
>portable
>divisable
>fungible (interchangeable)

Money is:
>all of the above from currency
>PLUS a store of value

With this primer in mind, gold, silver and Monero are all both currency and money, in fact I could go so far as to say it is the only real monetary trifecta. Gold & silver have been money for thousands of years and is the only real money that has ever existed. Monero has come to be the true >digital< money. It has the greatest advantage of trying to be tracked by billions of dollars from governments and its agencies. That's how bulletproof it is.
Dependent on a certain perspective, the physicality of gold & silver compared to digital money such as xmr can be both an advantage or a disadvantage.

Also, the arguments from picrel are cherry picking.

>>50199676
Based

>> No.50201673
File: 533 KB, 800x800, Monero Silver Coin.png [View same] [iqdb] [saucenao] [google]
50201673

>>50201576
Thx, anon. The FUD in silver threads is very similar to here.

>> No.50201694

>>50199951
Sure. With the exception of #1 they both arguably have the same traits, to the point where it makes sense to have and accept both since they have a few unique usecases:
>Silver has value outside of being a medium of exchange
>Monero is way more divisible
>its cheaper and faster to send Monero in most cases unless the person is less than 20 mins away by foot
>silver doesn't need electricity to use or to verify its authenticity
>Monero is easy to verify so there's zero threat of counterfeiting, but needs electricity to do so
>it's way easier to store Monero
>silver is far more independent. There's only 1 kind of silver; Monero is 1 of 20k+ cryptos
>if you forget your seed or you die without passing it on your Monero is gone forever; at least some lucky faggot can recover your silver at the bottom of the lake

And so on and so forth. Point being Mike Maloney is right and it wouldn't surprise me if the xag-xmr pair becomes the standard local-to-international black/grey market bridge in the future.

>> No.50201781
File: 456 KB, 767x1080, Monero Propaganda The 7 Rules of Monero.jpg [View same] [iqdb] [saucenao] [google]
50201781

>> No.50201908
File: 1.17 MB, 1200x1200, Monero Logo Toss.png [View same] [iqdb] [saucenao] [google]
50201908

>>50201694
I like the patriotic dimension of vintage silver coinage. The tech-commodity use value of silver transacted in bullion form say, is also fascinating. A xag-xmr pair would be a fine match. Thx for your clarifications, I screencapped them for reference.

>> No.50202274

>>50176966
If you can buy cocaine with monero, it's the future.

>> No.50202319
File: 254 KB, 1099x1139, sneed.jpg [View same] [iqdb] [saucenao] [google]
50202319

>> No.50202334

>>50202319
bottom left
duh

>> No.50202641

>>50202334
>bottom left
Prove it LOL

>> No.50202874

Cocaine = monero

>> No.50203710

>>50202874

1 XMR = 1 KG

>> No.50204263

>>50197106
18.7

>> No.50205503
File: 542 KB, 761x737, 1640812423282.png [View same] [iqdb] [saucenao] [google]
50205503

>>50192775
thats a low hashrate, getting infrequent payouts would make sense

seconding xmrig
https://xmrig.com

>> No.50205876

>>50177065
I'm reading it and I like it so far but Im getting a nagging feeling that the author is trying too hard to justify transaction privacy when it has always been the default mode of transacting. Why be on the defensive when you can just say "its digital cash. cash transactions dont go on a public ledger and they dont belong on one." and if some crypto-authoritarian cunt tries to tell you youre fallaciously attempting to derive an ought from an is, you tell him he can suck your balls and derive a cough from your jizz

>> No.50206013
File: 413 KB, 600x745, TaxMan-Art-John-Royle.jpg [View same] [iqdb] [saucenao] [google]
50206013

What do I have to expect regarding taxes if I buy off Kraken or something similar?
I don't want the IRS up my butthole

>> No.50206088

>>50206013
Kraken will know how much XMR you bought from them and will report it to IRS. So go figure out.
PS: Not an American.

>> No.50206109

>>50206088
That's not a taxable event. Even if you transfer off of Kraken that isn't a taxable event. It's a taxable event if and when you sell the XMR.

>> No.50206145
File: 41 KB, 630x390, FWRe_XYXwAE0Lxc.jpg [View same] [iqdb] [saucenao] [google]
50206145

>>50206013
Boating accident.

>> No.50206247

>>50206145
based accident prone chad

>> No.50206361
File: 295 KB, 1440x2551, 1652591591269.jpg [View same] [iqdb] [saucenao] [google]
50206361

>>50201908
>XAG-XMR pair trading as the connection between the physical and virtual economies
This would be a beautiful future.

>> No.50207302
File: 131 KB, 929x1175, xmr-pepe-jacked.png [View same] [iqdb] [saucenao] [google]
50207302

>>50176966
is there a decentralized market for XMR/Au or XMR/Au?
that would be really cool if we just made gold "our stablecoin", in a way
but not the faggy custodied shit we just encourage physical as a fellow fungibility chad that has far less volatility

>> No.50207614

>>50177796
Zigger LOL

>> No.50207859

i've been waiting for 2 digit moneros and im starting to feel like i'll be waiting forever

>> No.50208018

Bros I need help, here's what happened
>sent a monero payment 14 hours ago to a temporary address that was linked to a website wallet I have access to (but I don't know its private key)
>transaction reaches about 6 or 7 confirmations before the temp address expires
>several hours later, I'm still seeing nothing on the website's end
>check around, see the issue might comes from me using an outdated version of the GUI so I update to the latest, still nothing
>double check the website, it's legit and not a phishing link
Right now the number of confirmations keeps going up (it's at 447) and the XMR haven't been transferred to my website wallet. I messaged the website support but they're taking time to respond as usual
Any idea where this could come from and more importantly, are the coins lost?

>> No.50208487

Hello

>> No.50208612

>>50208018
Sounds like it's an issue on the websites end. Assuming you didn't fudge the address somehow then your coins should be in the wallet. Not knowing further details, I would guess that they can help you figure it out assuming they have the private keys to the address you sent to.

>> No.50208874

>>50208612
I copy pasted the address directly so I'm fairly certain I didn't fuck up. I hope the admins have access to the private key then

>> No.50208927

As ethereum moves forward towards Proof of Stake, Syscon remains committed to Proof of Work but not in the wasteful manner it is often made out to be.

>> No.50209890

>>50208874
Even when copy-pasting I would still recommend you double check the address you pasted is the same as the address you copied as (especially on windows) there is a lot of malware that will change the address on your clipboard to someone elses so they get your monero.

>> No.50209938

>>50209890
I actually did double check by pasting the two and comparing them with a command line program so I don't think the issue lies there.
The website is legit too. So either it's a technical problem on their end, or they started exit scamming right after I made the transfer, which seems unlikely since they've been a relatively stable (and niche) website for a couple years with no shady history.

>> No.50210277
File: 2.87 MB, 1920x1080, Poompa VP9.webm [View same] [iqdb] [saucenao] [google]
50210277

Apparently 4chan allows VP9-encoded webbums now

>> No.50210281

>>50208927
This reminds me of the spam you see on youtube videos related to finance
>generic advice that give you both a bull and bear thesis
>using Karen Everyburger's advice i've managed to turn 1.1 BTC to 9.7 BTC
>spam replies mentioning what a great trader Karen Everyburger is

>> No.50210315
File: 2.74 MB, 1920x1080, Doompa VP9.webm [View same] [iqdb] [saucenao] [google]
50210315

>>50210277

>> No.50210339
File: 260 KB, 1897x910, Monero Stickers Under Silver Holo Coins.jpg [View same] [iqdb] [saucenao] [google]
50210339

>>50206361

>> No.50210462
File: 870 KB, 1040x643, monero_iii.png [View same] [iqdb] [saucenao] [google]
50210462

>>50203710

>> No.50210545
File: 193 KB, 500x1020, 1650232531393.jpg [View same] [iqdb] [saucenao] [google]
50210545

>>50210339
Based

>> No.50210884
File: 1.28 MB, 2673x3260, wownerochanheadpats.png [View same] [iqdb] [saucenao] [google]
50210884

>> No.50210935
File: 784 KB, 845x922, Private Smart Contracts are a Meme.png [View same] [iqdb] [saucenao] [google]
50210935

>> No.50210999

>>50177107
>Reducing the security

This has always been a retarded point. 51 percent attack isnt possible. Because you need 100 transactions. Whats 1/2 to the 100 power?

>> No.50211248
File: 452 KB, 2048x1536, WOWnero Street Art.jpg [View same] [iqdb] [saucenao] [google]
50211248

>>50210884
She's got big ones.

>> No.50211540
File: 193 KB, 476x486, wownero.png [View same] [iqdb] [saucenao] [google]
50211540

>> No.50211585
File: 5 KB, 364x364, Wownero-chan.png [View same] [iqdb] [saucenao] [google]
50211585

>> No.50212007

I build websites.
I buy Syscon
I create designs...
Of course there are several other lengthy ways to describe what I do but the act of communicating based on the other party's Intellectual Property is one of the best ways to display one's Intellectual diversity.

>> No.50212671
File: 1.61 MB, 2080x2676, thighnero.png [View same] [iqdb] [saucenao] [google]
50212671

>> No.50212897
File: 3.67 MB, 4000x2857, 1657205595760.jpg [View same] [iqdb] [saucenao] [google]
50212897

>> No.50214219
File: 642 KB, 664x767, Minero-chan.png [View same] [iqdb] [saucenao] [google]
50214219

>>50200604
Right on anon

>> No.50214320

>>50208018
>me using an outdated version of the GUI
when you update and sync are the coins still spent?
if it's old enough it's entirely possible you spent monero classic coins, for example

>> No.50214373

Today, I bought my first Moneros.
Im the proud owner of 5 (Five) Cocaine-coins!

>> No.50214428
File: 386 KB, 906x803, 78437632091.jpg [View same] [iqdb] [saucenao] [google]
50214428

>>50214373
Congrats!

>> No.50214680

>>50210277
>Apparently 4chan allows VP9-encoded webbums now
Ok but AV1 when?

>> No.50215634
File: 439 KB, 886x960, fudposter.jpg [View same] [iqdb] [saucenao] [google]
50215634

>> No.50215760

>>50214320
Nah the coins were spent. I was using v0.12 and updated to v0.17 or something like that

>> No.50216024
File: 101 KB, 1223x452, Mining 02.png [View same] [iqdb] [saucenao] [google]
50216024

Some hours ago, i asked if this is normal to not get a payout every day with a hashrate of 1200 H/s
Now, within like 20 minutes, i got two payouts after wayting six days for that to happen.
I'm happy as fuck, even if it's just cents we are talking about.

P2Pool
Mini
1200 H/s
Monero GUI program.

>> No.50216505

>>50176966
Bros is 100XMR enough to make it in 2030? I’ve been slowly accumulating towards that goal, but with the recent crash I realized this is pocket change for some people here.

>> No.50216575
File: 23 KB, 1320x218, xmr-stacks-final.png [View same] [iqdb] [saucenao] [google]
50216575

>>50216505

Yes.

>> No.50216655
File: 3.67 MB, 3000x3035, 1657215573329.png [View same] [iqdb] [saucenao] [google]
50216655

i have a hard on for xmr-chan

>> No.50217353

Cosplay when

>> No.50217471

>>50216024
gg

>> No.50218155
File: 27 KB, 720x668, IRLnerochan.jpg [View same] [iqdb] [saucenao] [google]
50218155

>>50217353
like over a year ago

>> No.50218263

>>50216575
why is it called a suicide stack?

>> No.50218288

>>50218263
A suicide stack is the amount below which you'll commit rope if it goes parabolic.

>> No.50218552

>get paycheck
>xmr starts pumping before I could buy more
I wanted some cheapies...

>> No.50218586

>>50218288
thanks senpai

>>50218552
just wait, this is just a retracement
we're still in a bear market

>> No.50218819

>>50206013
Kraken MIGHT report your history if you make trades in the exchange. In general, buying and holding is not taxable but any addresses tied to the exchange could be flagged.

>> No.50219434
File: 1.83 MB, 3508x2140, 1641341193252.jpg [View same] [iqdb] [saucenao] [google]
50219434

>> No.50219766

>>50216505
100 should be good.
>pocket change for some people here
Probably, but there also people that don't have a single one so just be happy with what you got.
Not everyone lives in a 1st world country with spare money to throw at crypto

>> No.50219978

Is there a simple tool (almost like PGP) where I can set up an escrow account or something to transact P2P without having to trust the other party? Having to use an exchange to get Monero securely seems retarded.

Also is there a website where I can buy Monero anonymously using gift cards? It would be nice to just be able to buy a giftcard with cash and then send the giftcard code for the funds in exchange for Monero. Many companies that issue gift cards also have fund tracking included so you can ensure you are getting the correct amount of money.

>> No.50220022

>>50218819
What if it has been 6 years since I deleted my Kraken account. Will they still report?

>> No.50220107

>>50219978
Might be completely misunderstanding your question, but that sounds like Bisq.

>> No.50220287

>>50210545
This is shit.

>> No.50221237

>>50219978
Haveno dex, but there's been some uhh... some controversy in that project.

>> No.50221507

>>50219978
locamonero.co

>> No.50221621

>>50206013
Just buy off localmonero, fuck KYC Jew sites

>> No.50223076

>>50207302
You mean like… how they do cash by mail on localmonero? Instead of mailing cash to some anon on local monero you mail em gold for monero?

>> No.50223345

>>50210339
I NEED THESE
WHERE
PLEASE ANON

>> No.50223417

Thoughts on this Crashius Clay character?

>> No.50223569

>>50207859
We hit 99 briefly.

>> No.50223611
File: 59 KB, 601x791, monero.jpg [View same] [iqdb] [saucenao] [google]
50223611

>>50218155
is that a man?

>> No.50223978

>>50196648
The need for making use privacy protocols cannot be overemphasized because the rate of hacks these days is so disturbing and losing funds to a forsaken hacker could be suicidal

>> No.50224928

>>50220287
What makes you say that? It's the only real money that exists.

>> No.50226301
File: 62 KB, 828x950, monerochan9.png [View same] [iqdb] [saucenao] [google]
50226301

>>50223611

>> No.50227239
File: 281 KB, 1024x286, 1657249137527.png [View same] [iqdb] [saucenao] [google]
50227239

>> No.50228368

>>50224928
-LTC belongs in row 2, arguably row 1.
-Equating bitcoin with litecoin serves only to expose the stupidity of whoever made this and of those who repost it
-BTC > Shiny metals

>> No.50228684

>>50228368
t. maxipad

>> No.50230486

>>50228368

Shiny metals retain their value even with the power and internet cut.

>> No.50230631
File: 816 KB, 1024x1024, 1_XFEnVwjXgdqsimtFvLwOhA.png [View same] [iqdb] [saucenao] [google]
50230631

THE MONERO MOON (ISSUE 49) 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-49

>> No.50230709

>>50230631
Thanks John

>> No.50231843

>>50228368
>LTC belongs in row 2, arguably row 1.
>Equating bitcoin with litecoin serves only to expose the stupidity of whoever made this and of those who repost it
It's one of the oldest cryptos, therefore a greater trust and track record. But its equated due to the lack of fungibility (any real money needs this property). However, btc and ltc are superior to the "currencies" above, meaning it is accurate.
>BTC > Shiny metals
LMAO no. Gold & silver have been hard money for thousands of years, your maxipad mentality won't change that. Bitcoin simply inferior, see >>50201576 on what properties money/currency must have. It lacks the fundamentals to succeed.

>> No.50231936
File: 22 KB, 434x419, 1653583370827 1633522246083.jpg [View same] [iqdb] [saucenao] [google]
50231936

>>50230631
Much appreciated John.

>> No.50232459
File: 382 KB, 768x1000, 1626099659809.png [View same] [iqdb] [saucenao] [google]
50232459

>>50230631
>THE MONERO MOON (ISSUE 49) IS OUT NOW! Grab a coffee or a beer and kick back for a read

>> No.50232640
File: 225 KB, 793x894, Ev1Y8jEWYAEnzet.png [View same] [iqdb] [saucenao] [google]
50232640

>> No.50232933
File: 62 KB, 828x950, 1657283603864.png [View same] [iqdb] [saucenao] [google]
50232933

>>50230631

>> No.50233034
File: 198 KB, 706x988, 4659078252.png [View same] [iqdb] [saucenao] [google]
50233034

Buy Zcash if you actually want to make it, institutional adoption will send ZEC to the moons of Jupiter.

>> No.50233066

>>50233034
niggerfaggot.

>> No.50233088
File: 107 KB, 700x538, 43567352.jpg [View same] [iqdb] [saucenao] [google]
50233088

>>50208927

Proof of stake is the future and Zcash is taking the lead on this.

>> No.50233098

>>50233034
Ayo wat about dem regulayshuns? Aint dis gon be bad fo ma dalla?

>> No.50233115

>>50233034
nice bait

>> No.50233697

>>50201366
The majestic bank admin on dread says they can’t be trusted to keep you private but he never says why.
I actually used the cake node today and my first transaction failed, I made sure to switch nodes right after and it went through ok.

>> No.50233751

>>50233697
>The majestic bank admin on dread says they can’t be trusted to keep you private but he never says why.

Maybe because Cake wallet has a gajillion services integrated into its wallet. All these possible outgoing connections might compromise a DNM user's privacy.

For DarkNet related uses, I would much rather use Shruum Wallet ( https:// mayumi dot one )

>> No.50233815

>>50219978
Set up an ad on localmonero. I used to buy gift cards from people there when I first started with monero.

>> No.50233857

>>50233751
I dont use any of their other crypto wallets or built in exchange so I should be good right?

I also delete my spending wallet every few months and get a new one

>> No.50233987

>>50233857
>I dont use any of their other crypto wallets or built in exchange so I should be good right?
I would say yes. However, those 3rd party integrations within Cake wallet (the exchange rate, the fixedfloat service, etc.) might be making some unsolicited connections to their websites to get the latest rates. That might be of concern depending on your use case.

>> No.50234491

Lads memes aside what the fuck is it going to take for XMR to catch up with BTC and ETH in terms of sats?

>> No.50234578

>>50234491
time

>> No.50234653

>>50233034
>institutional adoption

You mean like Celsius? Kek.
All institutional adoption does is 1 of 2 things:
>it opens the door for predatory invoosters to ruthlessly fuck over clients in ways they can't in tradfi, which causes normies to cry out 'govern me harder daddy!', which calls in the regulators we were trying to flee from in the first place
>Causes non-predatory investors to open an account on goybase to buy a few coins, where it will sit until they market sell them during the next financial crisis. Effectively adding zero value to the network.

The institutional meme is arguably the worst and best thing to happen in crypto

>> No.50234714

>>50234491
usage.

>> No.50235831

>>50234491
on the same year as the linux desktop

>> No.50235843

>>50234491
BTC losing value as an actual currency due to lack of privacy/fungibility is the big one. For ETH, it'll be one of the many technically better smart contract chains that don't pretend to be money.

>> No.50237024
File: 516 KB, 1702x4109, 1631549630604.jpg [View same] [iqdb] [saucenao] [google]
50237024

>> No.50237081

>>50176966
Is this supposed to moon or is it just used for cocaine?

>> No.50237202

>>50237081
Define "supposed to moon".

>> No.50237221

>>50237081
Why not both?

>> No.50237448

>>50237024
TUMMY

>> No.50238495
File: 1.31 MB, 1060x1205, MoneroMafia.png [View same] [iqdb] [saucenao] [google]
50238495

>>50237081
>Is this supposed to moon or is it just used for cocaine?

You have any idea just how large the cocaine business is?

>According to GFI’s report, the global market in cocaine is valued at between $94 billion and $143 billion, an increase from an estimated $88 billion in 2008. This makes the cocaine market the second largest drug market after that of cannabis (valued at between $183 billion and $287 billion).
https://www.talkingdrugs.org/report-global-illegal-drug-trade-valued-at-around-half-a-trillion-dollars

And now that market has started using XMR. Draw your own conclusions.

>> No.50239898
File: 2.19 MB, 3000x3000, 1643655053238.jpg [View same] [iqdb] [saucenao] [google]
50239898

>> No.50240251

>>50235831
This is the year of the Linux Destop

>> No.50240488
File: 44 KB, 800x400, moonero-tweg7t.png [View same] [iqdb] [saucenao] [google]
50240488

>>50238495
>>According to GFI’s report, the global market in cocaine is valued at between $94 billion and $143 billion
Monero with Ethereum's market cap ($149.37 billion - close to those estimates) is valued at $8088 per xmr, a 62,46x from where it is now. With Bitcoin's market cap ($415.31 billion), it would be valued at $22867 per xmr, a 177x.
Note that these are estimates are from a bear market.

>> No.50241051

Checkout r*ddit and the post about serai.
Cool shit.
Basically even if haveno trannies are not planning to deliver, we are going to finally have a dex.

>> No.50241966

>>50238495
Oh shit. Looks like im gonna buy a stack rn

>> No.50242792
File: 598 KB, 800x769, 1655643446764.png [View same] [iqdb] [saucenao] [google]
50242792

>>50241051
That's some high quality weeaboo software.
>deep cryptography knowledge
>judicious use of Rust for safety critical parts of the code
>a [caravan]serai is a place traders would gather along a larger land route like the Silk Road
>username kayabaNerve is an anime/manga/LN reference (Sword Art Online)

>> No.50244104
File: 831 KB, 2100x2700, 1640302650979.png [View same] [iqdb] [saucenao] [google]
50244104

orange woman good

>> No.50244259

>>50177448
What fundamentals?

>> No.50244265

>>50177796
Don't you guys have a general you can go to? Lol

>> No.50244760

>>50238495
I wonder how big cocaine is handling the global fertilizer shortage. If the answer is 'we're just as fucked as everyone else' then this might also be affect the price of xmr

>> No.50244886

>>50176966
gonna start slurping one XMR a month i love the coin and im ready to hold long term

also Fuck Ziggers Lmao

>> No.50244952

>>50233034
Retarded, kek. I am using Railgun platform because there is no need for asset conversion or the use of mixers as is with other protocols. Lick my ass fag.

>> No.50245882

>>50218155
do u want me to post more xxx