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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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56903772 No.56903772 [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 cryptocurrencies. 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 to 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 gradually approached 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://yewtu.be/watch?v=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
Tradeogre
Crypto ATMs
see: kycnot.me

>Mining
archive.is/TWOah

HOW TO STORE MONERO?

>Desktop
Official Gui/Cli
Feather

>Mobile
IOS: Cakewallet
Android: Monerujo

>> No.56903799
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56903799

PREVIOUS THREAD: >>56819058

>> No.56903819
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56903819

START MINING IN P2POOL
>START MINING IN P2POOL
START MINING IN P2POOL
>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 shut down/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. Once P2Pool reaches & maintains 51%+ of the total network hashrate, Monero will be essentially invulnerable to such attacks.

Although many inexperienced miners think that bigger pools give better profits, this is absolutely NOT the case. Your profits in the long run depend ONLY on your hashrate, NOT on the pool's hashrate.


>YOU CAN NOW MINE IN P2POOL FASTER & EASIER THAN EVER BEFORE WITH THE GUPAX GUI. USES TRUSTED REMOTE NODES BY DEFAULT!!!!

1. Download the *bundled* version of Gupax for your OS here: https://gupax.io/downloads/
2. Extract somewhere (Desktop, Documents, etc)
3. Launch Gupax
4. Input your Monero address in the [P2Pool] tab. USE A SEPARATE MINING-ONLY WALLET!
5. Select a Community Monero Node that you trust, although you can and should run your own node if possible.
6. Start P2Pool
7. Start XMRig

VIDEO GUIDE: https://gupax.io/guide/

You are now mining to your own instance of P2Pool, welcome to the world of decentralized peer-to-peer mining!

>NOTE THAT DUE TO BOTNET SHENANIGANS XMRIG IS AUTO-FLAGGED AS MALWARE BY MOST ANTI-VIRUSES, SO DON'T FREAK OUT!!!


OLD GUIDE FOR P2POOL MINING FROM THE MONERO GUI WALLET: https://pst.klgrth.io/paste/eecbe

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

>> No.56903835
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56903835

*****/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.56903856
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56903856

Never forget what this is ultimately all about.

https://anarkio.codeberg.page/agorism/
https://freedomcells.org/

>Help grow the circular Monero economy: buy/sell goods & services with/for XMR!

https://monerica.com/
https://moneromarket.io/
https://www.reddit.com/r/moneromarket/new/
https://kycnot.me/services

>Live off XMR with Cake Pay (now available in 140+ countries!)
https://cakepay.com/

>or with CoinCards (currently US & CA only, UK, EU & AUS coming soon)
https://coincards.com/


>Monero stickers for guerilla marketing
http://monerosupplies.com/

>Monero-only VPS hosting
https://kyun.host/

>Win XMR!
https://monero.win/


Say buh-bye to Bitcoin and support the growing number of Monero-only darknet markets/vendors.

# = recently launched, exercise caution

>Alias Market #
>Archetyp
>Asur Market
>Calypso #
>Candy Haven #
>Chimera Market
>Cloud Market
>Cypher Market
>Dark Matter
>DrugHub #
>Drugula #
>FilthyFellas
>Gofish Market #
>Hectate Market #
>Mercury Market #
>Pygmalion's Refuge
>Retro Market
>Smackers
>Sonanza Market #
>Squid Market
>SuperMarket #
>Tribe Seuss
>Wizard's Palace #
>World Trade Center #
Links: https://pastebin.com/raw/fknwLx6q


>LocalMonero is now available on I2P
http://lm.i2p/nojs/


Anonymously exchange BTC for XMR using a reputable darknet service

>Majestic Bank
>Infinity Project
https://pastebin.com/raw/75mVpfED


or a reputable clearnet service

https://trocador.app/en/ | I2P: http://trocador.i2p/en/
https://xmrswap.me/
https://unstoppableswap.net/


>Want to support further development? Donate to the Monero General Fund or MAGIC Monero Fund
https://ccs.getmonero.org/donate/
https://monerofund.org/

>Have a particular set of skills? Join a Monero Workgroup and (potentially) earn XMR!!!
https://www.getmonero.org/community/workgroups/

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

>> No.56903873
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56903873

START RUNNING AN I2P NODE
>START RUNNING AN I2P NODE
START RUNNING AN I2P NODE
>START RUNNING AN I2P NODE


>What is I2P?

I2P is an anonymized P2P overlay network akin to the Tor network but with several key advantages over it. I2P is now replacing Tor as the go-to darknet and will play a pivotal role in growing the Monerocentric economy.


>Why should I care? Why should I run a node?

Increasing shadow economy adoption and the proliferation of an XMR-only standard are what guarantee that XMR will have a floor and won't also crash to zero when the Crypto Casino finally implodes. XMR's long-term outlook is therefore *strongly* correlated with the darknet, you may have already noticed how the number of TXs begins to drop whenever the glowies attack & cripple the Tor network, which underscores just how critical it is that the darknet wins this war against the State. Make no mistake: if the darknet is allowed to die XMR will take a devastating hit as well.

So by running an I2P node you are helping to make the network Monero thrives in that much more robust while also enraging glowies in the process. Win-win!


>OK, but how difficult is it? Do I have to store GBs worth of data like when running an XMR node?

It is literally as easy as installing an Android app and no, there are no storage requirements, the node only consumes some bandwidth.


>Cool, I'm sold. What do?

If you have no interest in browsing the darknet yourself then the simplest solution is to install & run the I2Pd Android app on any compatible (Android 4.1+) device, ideally a TV box since they don't require recharging and are permanently online. But any old phone or tablet is fine too. Make sure you activate "start on boot" in the settings.

https://github.com/PurpleI2P/i2pd-android/releases/latest


Otherwise just install the appropriate desktop client and leave it running.

https://github.com/PurpleI2P/i2pd/releases/latest


The console is accessed via http://127.0.0.1:7070/ or the menu in Android.

>> No.56903886
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56903886

>Bitcoin's price = NOT the result of organic real-world supply & demand = NOT sustainable

Wash trading has been artificially driving BTC's insane price action since the first major spike in 2013.

>Wash Trading 101
1. create/maintain the illusion of high volume
2. wait for poor unsuspecting fools to FOMO in
3. dump at a fat profit and leave them holding the bag

When the supply of gullible fools finally runs out, the entire scheme implodes.

TL;DR: exciting price action means nothing in an unregulated market rife with such manipulation, real-world utilization is the ONLY reliable metric of actual value.


>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 BTC = $62,008,590,336,000,000,000 BTC Market Cap

The block rewards shrink so fast that after enough halvings BTC would eventually require a $2.95 trillion price per BTC 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

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.56903888

T. Living in BidenFlation
No money to my name
my grandpa stole my kidney and I need 50 xmr or he will steal the other.

>> No.56903956

>>56903888
A dialysis machine is cheaper. You'll live, just finance it.

>> No.56903963

https://moonstoneresearch.com/2023/11/03/Postmortem-of-Monero-CCS-Hack.html

>No money for devs
>No blockchain dev wants to work on your ancient dog shit anyway
>What little foundation money you do have is on 'Luigi's' Win10 laptop.
>Multiple upstarts cashing in on how easy it is to deterministically trace XMR

LMAO.

>> No.56903996

>>56903886
How many decades until Bitcoin implodes? I wanna make sure I get out ahead of the stampede.

>> No.56904013
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56904013

>>56903772

>> No.56904177
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56904177

>> No.56904372
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56904372

I want to get cucked by monero-chan, is that normal?

>> No.56904419
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56904419

Reporting in
##################################
IRC - https://pastebin.com/kP1gZ1Hk
Education - https://pastebin.com/V0SFR8qU
Mining - https://pastebin.com/Rd1V8P5L
Nodes - https://pastebin.com/j6Vv2Xn6

>> No.56904436
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56904436

>>56903963

Get a load of this retard. Who is behind Moonstone, fuckhead? What privileged TX data were they provided with beforehand, shit-for-brains?

>>Multiple upstarts cashing in on how easy it is to deterministically trace XMR

Yeah? That easy? Who got traced then?

>> No.56904636
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56904636

>>56903996
>How many decades until Bitcoin implodes?

Oh, it'll be much sooner than that, Tether can't keep printing indefinitely. Meanwhile, BTC just keeps on bleeding real-world market share to Monero, its fucking doomed hahaha

>> No.56905210

>>56904636
shorting the most vunerable (capital expensive) BTC miners will be a huge money making opportunity if timed right. I guess either next halving, or the one thereafter could seal the deal. Also having a small short against companies holding btc, is a good hedge against (significant) monero exposure IMO

>> No.56905246
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56905246

I dont think monero will ever be 2 digits again. Those were the times, I should have bought more but that's okay

>> No.56905318

>>56903772
squamous cell lung carcinoma

>> No.56905468
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56905468

/xmr/ doesn't use binance to buy their xmrs, r-right?

>> No.56905880
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56905880

pew pew

>> No.56905909
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56905909

>> No.56905926
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56905926

Literal new higher bottoms every time. We run out of sellers and shoot to 300+ soon, maybe even in this thread itself if the Monero glownigger Jannie remains diligent

>> No.56906139

>>56904436
>Who got traced then?
The fucking hacker who sent back the xmr stolen from the CSS, dipshit. Or do you think they just had a change of heart?

>> No.56906311

>>56905926
Xeggex already gapped up to 250 from poor liquidity.

>> No.56906799
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56906799

>>56906139
>The fucking hacker who sent back the xmr stolen from the CSS, dipshit. Or do you think they just had a change of heart?

lol yes, it totally was the hacker and not the generous whale that always donates big when the need arises.

full reimbursement was being predicted on day 1 of the hack, wetbrain, nobody familiar with Monero donation lore is surprised by this.

>> No.56907008
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56907008

>>56905880
>>56905909
Extremely cute.

>> No.56907670
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56907670

Here's some sobering reading for all you lurking maxitards who STILL think Bitcoin's NGU spikes are "totally organic, bro!"


>Bitcoin goes up! Can 5 billion unbacked tethers kickstart a fresh crypto bubble?

Bitcoin is over $44,000! In just the last week, the invisible hand of the market suddenly decided that bitcoins are really good now!

By complete coincidence, Tether has printed five billion USDT stablecoins in the past month out of thin air as “loans” — backed in the Tether reserve only by the “loans” themselves.

How high can you pump a number with five billion fake dollars to deploy?

https://davidgerard.co.uk/blockchain/2023/12/06/bitcoin-goes-up-can-5-billion-unbacked-tethers-kickstart-a-fresh-crypto-bubble/

>> No.56907771

Wake me up when I can slurp some cheapies.

>> No.56908282
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56908282

>>56907670
You spend so much time being wrong on that subject it’s funny lol. Utter cope about market dynamics you don’t comprehend. Volume is above 20 billion for Bitcoin daily, glownigger. It’s a deflationary store of value that is so much better than fiat even central bankers want to buy it.

>> No.56908321

a human being has to be able to trade with another one freely without being tracked
food, value, words, thoughts or whatever, this is natural
and of course those in power have always tried to stop it or get in the middle
so I guess this is a fight that has been going on since forever and it will keep going on forever
embrace it
if we were going to lose we would've already lost before our time, it doesn't matter how bad it looks or if it seems like they have too much power and control, as long we resist they cannot win

>> No.56909680

>>56907771
Monero is cheap until $500

>> No.56910692
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56910692

>>56903772
>soon...

>> No.56911701
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56911701

Better rest up. There is a long journey ahead.

>> No.56911733

>>56911701
May I have a crumb of bussy monero Chan

>> No.56911911 [DELETED] 

Sound money, safe mode

>> No.56911975 [DELETED] 

>>56911911
(((Keynesians))) deserve the rope
If I unironically don't survive the war here, it was an honor everyone

>> No.56911995
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56911995

I think asic mining is integral to keeping our fake economy going so they compromised btc with asic mining. "AI" does nothing but waste resources and create an artificial chips race going, asic mining was just a forced movement to get there. A lot like the introduction of saas after the dotcom bubble as a business gimmick to keep tech companies profitable. Monero scares banks cause it shows the economy hit a ceiling and reality is we should be living in a 14th century economy and anyone with a xmr node would be more socioeconomically powerful then fund managers.

>> No.56912007 [DELETED] 

>>56911975
XMR:
89EwAxkxTxx9czgzGUcegZj5C9FhNojnBMAEJoesfn7gP8YXzq5n3caZbvMY3JxMZTMVgh8dbpojSSRX4Ujk86wAB8U6wx9

If any bro is feeling charitable

>> No.56913154

>>56907670

shit is getting scary. $5 billion USDT printed in just one month is $1.25 billion per week. this can't end well.

when Tether finally implodes we're going to behold a tsunami of pink wojaks the likes of which has never been seen. i'll be exiting all holdings except xmr soon, nothing else is safe.

>> No.56913822

So we will never know how much paper monero there is on exchanges? Isn't that exactly what is keeping the price down?

>> No.56914093

>>56913154
>when Tether finally implodes we're going to behold a tsunami of pink wojaks the likes of which has never been seen
Dude, I cant mastrubate when my patients are around.
I need you to stop hornyposting.

>> No.56914139

>>56913822
Binance is (was?) by far the worst offender on that. I withdraw from exchanges any time I have at least one whole monero plus enough extra to cover fees so I never have more than a small piece of my stack at risk at once.

>> No.56914253
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56914253

The entire planet is on monero.
All monero has been mined.

What happens next?

>> No.56914274

>>56914253
Tail emission continues at 0.6 moneroj per block forever.

>> No.56914389

>>56909680
$50,0000

ftfy

>> No.56914412

>>56913154
>nothing else is safe.

BSV should fair pretty well.

>> No.56914548 [DELETED] 

>>56912007
>begging post been up for 5 hours
So this guys a janitor clearly ffs.
nobody says anything, I guarantee you if I posted an xmr address I'd be banned within 10 minutes.

>> No.56914662

wtf

>> No.56914680

>>56914274
Wouldn't inflation still make this worthless?

>> No.56914694

>>56903772
only chads hold xmr verification not required

>> No.56914704

CHADS ONLY TOKEN

>> No.56914781

only straight people hold xmr

>> No.56914806

>>56914680
Gold has an average annual supply inflation of about 2% so no.

>> No.56915073
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56915073

>>56914781
Really?

>> No.56915362
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56915362

>>56908282
>You spend so much time being wrong on that subject it’s funny lol. Utter cope about market dynamics you don’t comprehend. Volume is above 20 billion for Bitcoin daily, glownigger.

lol yes, its all one great big conspiracy, right? The kike media, academia and journalist-industrial complex are all colluding in a global FUD campaign to scare away noobs and ensure they have fun staying poor as clueless fiat slaves!


>It’s a deflationary store of value that is so much better than fiat

kek so we're back to this forced meme again? Actual stores of value are terminally stable and maintain their value *reliably* over time....what ballpark price will BTC be a month from now? Six months from now? A year from now? The fact that nobody can say with any degree of certainty tells us everything about this completely horseshit narrative.

So no, BTC is clearly not a store of value nor is it a reliable medium of exchange anymore. It has devolved into an over-hyped ponzi token that clueless rubes buy because onions influencers have convinced them they can totally become millionaires simply by holding it. No amount of mental gymnastics or narrative shifts will change this demonstrable FACT. But I'm sure you'll try.


>even central bankers want to buy it

You really should consider a career in comedy.

>> No.56915472
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56915472

>>56913154
>shit is getting scary. $5 billion USDT printed in just one month is $1.25 billion per week. this can't end well.

Yeah, I'm kinda apprehensive now, printing $1 billion+ a week is insane, something's gotta give.

Tether's demise will likely be the black swan event we've all known will happen eventually. Just remember that while Monero will also take a big hit it won't go to zero and will recover with time because the black market still needs and uses it. It truly is the comfiest hold.

>> No.56915485

>>56915472
I've been using Tether to buy XMR, I'm almost supernaturally smug.

>> No.56915858
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56915858

bought telegram premium on MONEROMARKET.IO

>> No.56916917
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>> No.56917956

Tether will be the reason the us dollar collapses, sure tether is buying us debt keeping the dollar alive but imagine one day tether buys so much people get scared and start selling their dollars, then what happens

>> No.56918659

>>56917956
I really want you to be trolling

>this random shitter company with books that have been chefed harder than a dish at fucking Benihana will somehow dethrone the default currency of the current reigning hegemony.
>thinking these retards are in any capacity actually effecting the dollar as a currency

>> No.56919672
File: 1.16 MB, 2299x1294, 1639798224050.jpg [View same] [iqdb] [saucenao] [google]
56919672

>> No.56920570

Reminder that moonfags get the rope.

>> No.56921392
File: 253 KB, 760x896, Monerrowind.jpg [View same] [iqdb] [saucenao] [google]
56921392

https://www.youtube.com/watch?v=90UTJeDfx9c

>> No.56921420

>>56921392
Ok when are we having games here heck we might even need sponsors

>> No.56921833

Is Monero Christian-friendly crypto?

>> No.56921898
File: 1.60 MB, 1920x1080, 1640658597370.jpg [View same] [iqdb] [saucenao] [google]
56921898

>>56921833
Yes.

>> No.56922311

>>56921833

Buying Monero = shorting the anti-Christ.

>> No.56922367
File: 1018 KB, 500x373, 1702123803313.gif [View same] [iqdb] [saucenao] [google]
56922367

What CPU will give me the most hashes/$? Some kind of Xeon?

The top rated CPU on xmrig is like $5000, pretty sure I can find two slower ones for less than that

>> No.56922397

>>56922311
Bitcoin gives me anti-Christ vibes for some reason

>> No.56922758

>>56922367
3900x has been the meta for a while. Now that platform costs are down a lot, ryzen 7000 series isn't terrible for a daily driver and mining rig combo.

>> No.56923706
File: 382 KB, 962x1600, Mammon-George-Frederick-Watts-1884-1885-Tate-London.jpg [View same] [iqdb] [saucenao] [google]
56923706

>>56922397
>Bitcoin gives me anti-Christ vibes for some reason

Because they've sold their souls to Mammon.

>> No.56923761

>>56920570
300 eoy

>> No.56923777

>>56914806
I think people confuse fiat inflation with every other inflation, they think they are all like fiat

>> No.56924571
File: 1.63 MB, 2325x1679, 1636733829828.png [View same] [iqdb] [saucenao] [google]
56924571

>> No.56924823

So I’ve used cake wallet for a couple years now. I haven’t kept more than 3 tokens on it ever. Wouldn’t this shit be the easiest thing to rug ever though? I’m assuming the developer will do just that one day. You could even say oh that was just a bug or something if people even tried to sue you.

>> No.56925732
File: 472 KB, 1800x2150, murillo-2-women-at-window-xmr.jpg [View same] [iqdb] [saucenao] [google]
56925732

>> No.56925733

>>56924823
You have brain rot.

>> No.56926696

>>56924823
wallet is open source, you can just check the code. is not even complex

>> No.56926715

Lightning works pretty nice...
if you use the payment option on Trocador and actually use XMR to pay.

>> No.56926924
File: 1.21 MB, 1534x1600, 1694730464859605.png [View same] [iqdb] [saucenao] [google]
56926924

Feather Wallet 2.6.0 released: airgapped signing with animated QR codes
https://monero.town/post/1349592

>> No.56926967

>>56926924
Feather Wallet devs continuing to be gigabased.

>> No.56926996

Are there any alternatives to get precious metals for xmr since monerometals shut down?

>> No.56927019

>>56926924
>airgapped signing with animated QR codes
Oh Fuck!
Monerodevs and doing awesome and awesome things while Exch is not selling XMR anymore!
Cant exchange by Bitcorn for XMR reeeeeeeeeeeeeee

>> No.56927146
File: 30 KB, 1024x600, 1640609319907.jpg [View same] [iqdb] [saucenao] [google]
56927146

>>56926996
>Are there any alternatives to get precious metals for xmr since monerometals shut down?

EU: https://www.suissegold.eu/en/monero
US: https://www.apmex.com/buying-gold-silver-with-bitcoin Use Trocador to send XMR and pay with BTC.

>> No.56927504

>>56926715
>>56927146
>Trocador
wtf bros is centralized exchanges seriously the best the xmr community can do? It's bad enough that Fluffypony plunders the CSS then rides off into the sunset. No one even fucking cares. Fuck this shitcoin.

>> No.56927585
File: 144 KB, 558x614, 1698679716277657.png [View same] [iqdb] [saucenao] [google]
56927585

>>56927504

Why don't you ask them to accept XMR directly?

>> No.56927711

>>56927585
Yeah, I guess I'll reinstate my reddit account so I can further engage with my based leet hacker privacy bros.

>> No.56927923

With bitcoin, you have to buy/seize the half of asics or manufacture the half of asics to perfom 51% attack. It cannot be done without some commotion. With monero, you only need to control a very small part of consumer pcs in the world to perform an attack. One huge botnet can do that.

Satoshi vision and all of that is fine, but in the end, asucks helped to strenghten bitcoin security. I'm bloody worried about this bit of monero philosophy, sir.

>> No.56928127

>>56927923
Except it can't because botnets operate under the assumption that they're sharing resources. If some botnet were to crank their potential hash power to the max they'd risk getting discovered and shut down. Even if someone like amazon just let glowies run miners on their servers do you really think they'd let them use enough hash power to mess with amazon's NFL analytics? Or their stream platform?

>> No.56928170

>>56921833
>>56922397

The most Christian. Biblepay a shit. Started good then the creator went full retard with the I shit you not: "Proof of (African) Orphanage S(take)ponsoship." All the problems happening in the Christian west and he wants to spoonfeed retards a continent away. The more we bleed the whore of babylon, the sooner we rebuild byzantium.

>> No.56928332
File: 577 KB, 1009x763, file.png [View same] [iqdb] [saucenao] [google]
56928332

>>56927923
>With bitcoin, you have to buy/seize the half of asics or manufacture the half of asics to perfom 51% attack.

lol

1. Execute coordinated power cut to all mining farms around the world.
1.2 (Optional) Raid said mining farms and commandeer hardware.
2. Commence attack.

Or, if there's no rush:

1. ban ASIC importation & distribution citing "environmental pollution" concerns
2. Sit back and wait for hashrate to slowly wither away as units start burning out
3. Commence attack.

>It cannot be done without some commotion

Only BTC mining farms would be affected by a power cut. Life would go on as per usual for everybody else.
Only BTC miners would be affected by a ban on ASIC importation. Life would go on as per usual for everybody else.

You laser-eyed retards don't seem to appreciate just how many aspects of BTC mining is permissioned and dependent on the State's mercy.


>With monero, you only need to control a very small part of consumer pcs in the world to perform an attack. One huge botnet can do that.

What is easier to attack is easier to defend. Literally every household in the modern world is already fully equipped to start fighting back at a moment's notice, no need to buy dedicated hardware or download the blockchain anymore either. Darknet remote nodes = said households can mount robust defense anonymously, without their ISP knowing they're doing it.

Furthermore, no mining farms = nothing to directly target.
Furthermore, can't ban the importation & sale of general purpose CPU devices
Furthermore, all botnets are in perpetual competition with other botnets. The more valuable XMR becomes the greater the incentive to steal CPU cycles.
Furthermore, once P2Pool reaches and maintains 51%+ dominance, all this becomes a non-issue

>> No.56928369

>>56928127
The glowies have multiple dedicated private AWS regions, which means dozens of BUILDINGS of dense compute. If they wanted to crack Monero that way they could have done it years ago.

>> No.56928562

>>56927146
>Apmex
The goal is to cash out anonymously not send up a batsignal

>> No.56928680
File: 300 KB, 1200x630, Open-Graph.jpg [View same] [iqdb] [saucenao] [google]
56928680

>>56928562

Why reputable darknet bullion dealers are so necessary. Easily the #1 most-desired service right now. A prime business opportunity for any of you budding entrepreneurs.

btw Veltgold takes XMR but they've disabled new registrations.

>> No.56929015
File: 1.57 MB, 1000x898, 00457-60642crop.png [View same] [iqdb] [saucenao] [google]
56929015

Future vibes

>> No.56929578
File: 2.76 MB, 454x262, IMG_2865.gif [View same] [iqdb] [saucenao] [google]
56929578

Low volume organic pump- Moonero

>> No.56929750

>>56911701
WE'RE BUUUUUUURNING UP

>> No.56930216

>>56929578

Monero moons in slow motion.

>> No.56930349

nothing ever happens

>> No.56930937

Would anyone be interested in buying motorcycles with Monero?

>> No.56931071

>>56923706
>>56928170
Brethren, I just realized that by holding bitcoins, I was only seeking more mammon, thus worshiping the graven image, which is against the ten commandments

>> No.56931169

>>56928680
Why would I want to buy illiquid hunks of metal? A Rolex maybe but not gold

>> No.56931189

>>56930937
Oh, I am interested in an XSR 900 2022+

>> No.56931343

This just happened: I was so used to not caring about fees when transferring with XMR so I lost about $80 when I moved my BTC from my old wallet just by clicking send and didn't check the fees

>> No.56931687

>>56931343

The Future of Finance.

>> No.56931802
File: 85 KB, 900x383, itsjoever.png [View same] [iqdb] [saucenao] [google]
56931802

Has any of you seen the news on Bitcoin? They started censoring Whirlpool transactions, the only remotely viable way of making your coins less traceable on Bitcoin. We've been talking about this for years now, yet they laughed.
>Why would anyone do it
>No, it's not possible
And yet, here we are. OceanMining claiming to be
>On a mission to radically decentralize #Bitcoin minings
started censoring transactions of people trying to attain privacy. It might be a mistake (not from the looks of it, it's dirty tactics turf war on the bitcoin privacy space), but even if it's fixed the next time a Bitcoin maxi claims that Bitcoin privacy is comparable, now there is the extra counter of
>at least I know my transactions will not get banned overnight by a pool operator

>> No.56931817
File: 101 KB, 639x900, Bitcoin Core team member Luke Jr..jpg [View same] [iqdb] [saucenao] [google]
56931817

>>56931802
Luke is an interesting character.

>> No.56931991
File: 809 KB, 1818x1444, 5728534d2s.png [View same] [iqdb] [saucenao] [google]
56931991

>>56931802
Monero's own contributors were able to deterministically isolate suspect addresses after their own dev fund was hacked/stolen. Pretending that Monero's ring sig scheme is in any way better than any other form of transactional obfuscation is delusional.

>> No.56932039

>>56931991
>Monero's own contributors were able to deterministically isolate suspect addresses
nigger how do you think they were able to do that? Luigi has shared with "SamsungGalaxyPlayer" the keys to decrypt the stolen utxos from his wallet. Only after then, your picrel was possible. Without a person willingly sharing his keys with the blockchain tracing company you know jackshit about the tx flow.

>Samourai
I respect them. They are legitimately the only solution over the dumpster-fire btc-land that try to do good tx privacy. However, Monero is simply much much more convenient to use and offers greater tx obfuscation.

>> No.56932047

>>56932039
*over on the dumpster-fire btc-land

>> No.56932186
File: 154 KB, 1224x1164, DaKoaeb.png [View same] [iqdb] [saucenao] [google]
56932186

>>56931991
>shows a transaction graph
>deterministically
Retard, you couldn't even explain what a ring signature is if your life depended on it.
>Pretending that Monero's ring sig scheme is in any way better than any other form of transactional obfuscation is delusional.
Whirlpool is worse in terms of untraceability in any way you look at it, the fact that you are a retard and don't know the basic differences between privacy and anonymity enhancing technologies just goes to show. But let's have a quick rundown of the differences for (You):
>Monero non-interactive scheme, Whirlpool interactive scheme
>Monero uses a ring size of 16, Whirlpool of 5
>Monero hides amounts, Whirlpool is forced to play a game of splitting changes (literally pre-2017 Monero tech that is shown to be insecure)
>Monero forces the use of one-time addresses, Whirlpool uses can be peeled back from incorrect use
>Monero's backwards looking anon-set towers over Whirlpool users' since every Monero transaction is private
>Monero is not vulnerable to EAE/EABE, Whirlpool fundamentally is from being on Bitcoin
And this for untraceability, unlinkability is also a default Monero win with the double-key addressing. Devs can't even do a thing about this, since addressing can only be changed on the base layer. Just talk to any dev from Samourai wallet, they'll tell you how it is.

>> No.56932196

>>56932039
>nigger
No, thats you. You are also wrong. Hang on to that delusion tight. Hope it helps you sleep at night.

>> No.56932439

>>56932196
>You are also wrong.
You won't elaborate. So stfu nigger. Nobody cares about your opinion.

>> No.56932988

>>56932196
>implying we are delusional
>can't reply with anything else then insults
Nice work, Mr. Projections.

>> No.56933032

>>56927504
Lightning is practically centralized anyway, so whatever

>> No.56933426

Hey whats up guys, OG lurker here. People still using moneroocean.stream?

>> No.56933565

>>56933426
I am. I dunno about other anons.

>> No.56933600

>>56933426
Still pretty used from the looks of it, mainly because it has good UI. But looking at the website, it says they only have 22 KH/s, which is really weird.

>> No.56933776 [DELETED] 

>>56933426
Used to gpu mine ethash there and it was way more profitable than cpu mining but those days are over

>> No.56934113

I want to get back into running a public node. I would download the full blockchain right? (That’s better than pruned? I have the space.) and where would I download the full chain from?

>> No.56934119

>>56921392
fucking based N'wha

>> No.56934209

>>56934113
I also want to run it on my university’s WiFi. Am I going to face problems with opening the 18080 and 18081 ports?

>> No.56934247

>>56934119
Wealth beyond measure, outlander.

https://i.4cdn.org/wsg/1702231520991054.webm

>> No.56934762

>>56903772
anons, retard here again. if i make a wallet on a laptop, then keep the keys somewhere and wipe the laptop. would i be able to get that wallet on another computer in the future. like if i don't want to touch this hypothetical wallet can i just keep the keys and not have it on any device? is this what a paper wallet is, am i retarded? anyways have a nice day.

>> No.56935000

>>56934762
your wallet is just software that interacts with the blockchain. as long as you have your seed phrase/private keys you can access your crypto any time on any xmr wallet

>> No.56935015

>>56935000
thank you anon, much love

>> No.56935219

>>56928680
>A prime business opportunity for any of you budding entrepreneurs.
How would someone who is motivated to learn more information about setting that up start researching? Asking for a friend

>> No.56935231

>>56935015
>>56935000
As a concrete example I uninstalled Cake Wallet on my phone due to performance issues and restored the seed in Feather Wallet on my PC. Funds were safu.

>> No.56935346
File: 362 KB, 500x345, 1642182769835.gif [View same] [iqdb] [saucenao] [google]
56935346

>>56931802
>Has any of you seen the news on Bitcoin? They started censoring Whirlpool transactions

Is it deliberate or simply collateral damage?

>Jack Dorsey Backed Bitcoin Mining Pool Ocean Acknowledges Filtering Ordinal Inscriptions
https://news.bitcoin.com/jack-dorsey-backed-bitcoin-mining-pool-ocean-acknowledges-filtering-ordinal-inscriptions/

>> No.56935360
File: 14 KB, 1118x838, 1664909201706374.png [View same] [iqdb] [saucenao] [google]
56935360

>>56931991
>Monero's own contributors were able to deterministically isolate suspect addresses after their own dev fund was hacked/stolen. Pretending that Monero's ring sig scheme is in any way better than any other form of transactional obfuscation is delusional.

>> No.56935897
File: 96 KB, 1389x811, file.png [View same] [iqdb] [saucenao] [google]
56935897

>>56935219
>How would someone who is motivated to learn more information about setting that up start researching? Asking for a friend

Well, first you'd need to understand what your friend would be getting into: selling unlimited no-KYC bullion runs afoul of money transmission laws and will eventually attract unwanted attention from glowies. Hefty fines and jail time are possible if somehow caught.

Therefore, the entire operation would have to be 100% darknet based, with the clearnet only being used to share links to the hidden service by OTHERS.

Your friend would also need a *reliable* supplier that doesn't ask too many questions. Somebody buying bulk amounts of bullion on the regular could be flagged as a potential underground dealer. Straw purchases might be necessary. https://en.wikipedia.org/wiki/Straw_purchase

Then your friend would need to know how to *competently* set up and harden a Linux web server and run a Tor/I2P hidden service on it. He would then need to either *competently* code a custom shopping cart from scratch or *competently* modify an existing shopping cart to work with darknet browsers i.e. no Javascript. He would also need to learn how to integrate Monero and 3rd-party escrow into the check-out process. FairTrade is a Monero-only darknet escrow service that could potentially be used.

Lastly, your friend would need to be able to reliably ship packages with rock-solid OPSEC. Assume glowies will be making controlled buys in an attempt to trace point of shipping, so randomizing where packages are mailed from will be necessary. Using remailers located in other states might be good way of mitigating this concern. The painful lesson that has been taught over and over again is: never get comfy, getting comfy = getting sloppy = just asking to get caught

The upside of course is that there is an insatiable demand for darknet bullion and with even a modest markup good money can be made

So, learning how to run Tor/I2P sites would be a good start

>> No.56936813
File: 2 KB, 237x162, ryzen.png [View same] [iqdb] [saucenao] [google]
56936813

>>56933565
>>56933600
We're live. Thanks.

>> No.56937867
File: 1.08 MB, 1200x1887, 1655401766490.jpg [View same] [iqdb] [saucenao] [google]
56937867

>> No.56938405
File: 1.40 MB, 1000x1248, 01048-344231176.png [View same] [iqdb] [saucenao] [google]
56938405

feeling hostile

>> No.56938457

>>56938405
>Chinese writing
hostile takeout order?

>> No.56939052

>>56926924
legit!

>> No.56939963

>>56938405

Don't fuck with the Monero-chan