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/biz/ - Business & Finance

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57518585 No.57518585 [Reply] [Original]

Its over Binance is delisting Monero
Privacy bros we have been scammed so hard

>> No.57518607

>>57518585
As long as it's on Kraken it's fine with me. Haven't used Binance in years.

>> No.57518611

>>57518585
I buy mine p2p, as intended

>> No.57518615

>>57518607
other exchanges will follow soon
i reckon US exchanges will delist it next

>> No.57518618

>>57518585
That's good though. If no one can every buy or sell XMR it's privacy is 100%

>> No.57518645

>>57518615
Not a chance, this is 'MURICA!

>> No.57518653

>>57518585
Elon is going to add it to x payments

>> No.57518681
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57518681

>>57518653
time to launch: 2 more weeks

>> No.57518691

>>57518585
pedos BTFO

>> No.57518696

>>57518585
just use some other non kyc exchange to go from xmr -> some other coin then that to kyc

>> No.57518708

Exchanges are terrified of having monero because the government is cracking down hard on AML, binance has to pay $4.3billion fine and cz is going to jail for this

>> No.57518719

>>57518708
Yeah probably kraken will delist it soon. I'll still use it on a dex. Cexes will get pressure in the USA but it will not get fully outlawed. Too many rich people need it too.

>> No.57518746

>>57518585
WTF CZ SYOU FUCKING CHINK,BRINK IT BACK

>> No.57518761
File: 84 KB, 1024x767, joey.jpg [View same] [iqdb] [saucenao] [google]
57518761

>>57518746

He folded under pressure.

>> No.57518768

>>57518761
was XMR part of the 'stay out of jail' deal with SEC? fucking shameless

>> No.57518807

>>57518746
The USA took over Binance you retard dont blame CZ

>> No.57518823

>>57518807
always blame cz,it was part of the deal to sell it.

>> No.57518835

>>57518823
>he willingly got fined 4 billion and to court

>> No.57518851

>>57518585
Monero was always going to be delisted from the big exchanges. smaller exchanges will list it

>> No.57518869

>>57518835
>we're gonna fine you 4 billion as a power slap and take your toy exchange if you don't want to rot in american jails

>> No.57518934

As long as exchanges like fixedfloat exist, it literally doesn't matter

>> No.57518941

And then anons are telling me with all seriousness, that crypto cannot be forbidden by the government (yeah, texhnically it can't, but it can be affected by their decisions to such an extent, that it'll lose a ton of value and its usage will be impaired).

>> No.57518946

>>57518585
what the fuck? how am i meant to buy it now?

>> No.57518985

>>57518941
monero's problem is nobody cares about it
exchanges couldn't do the same thing to bitcoin or they'd be shuttining themselves down instead.

monero failed to gain legitimate usage in a time while privacy features (coinjoin, whirlpool, tornado cash, railgun) started making broad appearances everywhere else.

>> No.57519025

>>57518585
I've been expecting this since forever. XMR is too dangerous for them to allow it to exist. I'll just fill my bags right before it's delisted, at the absolute extreme dip.

>> No.57519047

>>57519025
>too dangerous
too expensive*

>> No.57519083

>>57518585
>Why is this bad news? If there's one thing this proves is that no triple-letter agency is pushing KYC exchanges to accept Monero. Good.

>>57518611
Which p2p do you buy from? I tried unstopableswap but the fees are not low.

>> No.57519134

>>57518585

makes sense, Monero is the only coin that poses a legitimate threat. Need to buy a fat stash ASAP.

>> No.57519138

>>57519134
this is good call
nothing fundamentally changed
it is just FUD, buy the dip

>> No.57519144
File: 266 KB, 500x281, Dragon Ball Super Whis.gif [View same] [iqdb] [saucenao] [google]
57519144

Its to stop terrorism. This is why cz was brought to justice.

>> No.57519544

>>57518941
Only in short term, in long term people will just start using the exoteric ways of cashing in and out as the default and not pay any taxes and shit will go back to normal
Actually owning your digital money will never go out of fashion

>> No.57519571

>>57518985
This is the correct answer. I don't think it'll straight up disappear, it's been around way too long for that to happen. I think Binance just stopped caring because it wasn't generating enough trading volume for the inconvience of being a "private" coin

>> No.57519602

>>57519083
Localmonero dot co (not com)

>> No.57519917

>>57518946
tradeogre

>> No.57519961

>>57518585
i had 10000€ worth of monero sitting in my wallet at one point, but i became fearfull of losing it, so i sent it back to the exchange and sold all of it, monero is used for nefarious activities, it will never pump, it's the pedo's stable coin

>> No.57520044

Why do you need hidden transactions? What do have to hide from us?

>> No.57520097

>>57518985
Monero is consistently displacing Bitcoin for use as actual currency. Binance delisting only means they can't rug withdrawals anymore.

>> No.57520193

>>57519134
Monero larping as if they were threatening anything with their laughably weak protection, the only threat is bitcoin and it already won which is why they can now only accumulate it

>> No.57520195

>>57518585
>""cryptocurrency'"
>relies on (((centralized))) exchanges
About time it got delisted. The BTC mindset of compliance has been too harmful already.

>> No.57520274

Legitimate question, what would happen if a storefront, like a gold and silver shop, wanted to operate on the up and up and allow customers to buy and sell Monero to them with cash. Obviously they would need to keep transactions under $10,000 or they would need to be reported. Is there anything else they would have to do to operate legally in the US? Think there's enough buy and sell demand to make it worthwhile?

>> No.57520345

>>57520195
Maybe we'll finally get some liquid swaps.

>> No.57520357

>>57520193
>the only threat is bitcoin
so why isn't Bitcoin the one being delisted?

>> No.57520367

>>57520274
>Is there anything else they would have to do to operate legally in the US?
I don't know of any laws other than the existing crypto tax laws that they would have to follow. But I wouldn't put it past the US gov to arbitrarily enforce some kind of KYC requirements for the customers to use the service.

>> No.57520590

>>57520345
What's that?

>> No.57520633

>>57518585
Don’t tell me you got tricked by the “getting delisted and made illegal worldwide will only make it more valuable” memes. Monero is going to zero. If you can’t cash it out for fiat it is worthless. I’ve seen retards compare it to prohibition, but people still paid cash for booze because you could use it and the cash could be laundered. No one is going to pay cash or trade anything for Monero, you can’t launder it or use it. Worthless. Going to ZERO.

>> No.57520754

new tornado cash like DEX just appeared, does cross chain private swaps and will support BTC <-> EVM soon.

Illuminex

>> No.57520788

>>57520274
a storefront is an unnecessary liability, better off just using a service like localmonero, or finding customers some other way

>> No.57520791

>>57520754
thanks officer

>> No.57520876

>>57520754
This shit is going to get v& so hard.

>> No.57520960

>>57520044
It's a matter of national and personal security.

>> No.57520992

this isn't a normal delisting, I've never owned XMR but now I'm seriously considering it
streisand effect?

>> No.57521265
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57521265

MULTI, ANT, and VAI too wtf

SELL bros

>> No.57521343

>>57518585
>Binance is delisting Monero
good, only drug addicts and pedos use monero

>> No.57521370

>>57520044
THIS IS THE FEDERAL GOVERNMENT PULL YOUR PANTS DOWN RIGHT NOW ARE YOU TRYING TO HIDE YOUR PENIS FROM US

>> No.57521389

$1!!!

>> No.57521451
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57521451

>>57521343

>> No.57521460

>>57520274
I was just thinking about starting a gold and silver store and selling on localmonero during slow hours. Don't steal my idea bro

>> No.57521477

Does it dip below 100? Is now the perfect time to stock up??

>> No.57521507
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57521507

>>57521477
as long as people are buying drugs on the darkweb, they will need monero
which unironically makes it the only altcoin with real world utility. demand will always be there, suck the traders and speculators.
I just slurped me some

>> No.57521549

slurped

>> No.57521560

FUCK THE GOVERNMENT I FUCKING HATE THOSE FUCKERS SHITHEADS LITERAL FUCKING SHIT

>> No.57521814

>>57521460
The more options customers have the more familiar they are with the concept and product and everyone wins.

>> No.57521822

>>57521560
>he thought his little privacy coin could beat the might of the united states government

KEK

OHHH INCCEELLLL

>> No.57521949
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57521949

>>57518585
good. all the centralized exchanges are inflating supply by orders of magnitude

>> No.57522224

>Back to May 2022 prices…

>> No.57523246

>>57518934
fixedfloat has shut down xmr transactions during this dip lol

>> No.57523273
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57523273

>>57518618
chuds will try to refute this

>> No.57523278
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57523278

When will Coinbase list XMR?

>> No.57523306

>>57519083
>Which p2p do you buy from?
Bisq

>> No.57523334

>>57519571
>I think Binance just stopped caring because it wasn't generating enough trading volume for the inconvience of being a "private" coin
What a strange sentence. Binance was forced to delist a coin by the EU. This isn't the same thing as "not caring enough about the inconvenience", as if CZ was a stoner who couldn't be bothered to wash the dishes.

Nobody cares about XMR - but it's just way too private to be allowed. Hmm. One of these things is true.

>> No.57523806

>>57523306
Have you added up all the fees from having to go through BTC first? How much does it end up costing as a percentage?

>> No.57523853

>>57523334
Was probably part of CZ's plea deal, and perhaps anyway in the (((roadmap)))

>> No.57524267

these shorts will soon be squeezed hard.

>> No.57524308
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57524308

>>57524267
cope

>> No.57524439

>>57524267
*liquidates to USDT*