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Welcome to the /XMR/ Monero General, dedicated to the discussion of the world's most widely adopted privacy coin.
Monero payments are anonymous, low-fee by design and fully fungible, meaning users can send XMR globally without issue and receive XMR without having to worry about tainted coins. Battle-tested privacy tech (Ring Signatures, Stealth Addresses and RingCT) ensures that critical TX data cannot be gleaned from the Monero blockchain. Thus by default, the TX history of all Monero users is kept hidden from the prying eyes of adversaries, with TXs being optionally transparent via the aid of a view key.
Monero algorithmically ensures low TX fees by employing a dynamic (elastic) block size that can "stretch" to easily accommodate sudden TX spikes.
Monero's bespoke mining algorithm, RandomX, is optimized for devices using general-purpose CPUs e.g. desktops, laptops, smartphones, tablets, keeping the barrier to entry low and ASICs out of the equation.
Monero's tail emission - 0.6 XMR every block forever - financially incentives for-profit miners to keep mining, helping boost long-term network security. This constant linear inflation asymptotically trends to zero and is offset somewhat by a steady rate of coin loss.
Monero has thus far proven to be the only altcoin capable of overcoming BTC's network effect by driving it out of the darknet economy BTC dominated for over 10 years. Monero is now also starting to overtake BTC in clearnet commerce as well. See below.
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 Resources: https://libereco.xyz/resources/
XMR Stats: moneroj.net
USE XMR: https://cryptwerk.com/pay-with/xmr/
OFFICIAL WEBSITE - getmonero.org
WHERE TO BUY XMR: https://i.imgur.com/XdppsQ7.png
Crypto ATMs: see kycnot.me
>MINING
archive.is/TWOah
HOW TO STORE MONERO?
>Desktop
Official GUI/CLI
Featherwallet
>Mobile
IOS: Cakewallet
Android: Monerujo
PREVIOUS THREAD:
>>60548824
P2Pool
md5: 95cf7660ecfd3cd7f3d1c918996539ac
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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
*****/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
Never forget what this is ultimately all about. Don't be a HODLtard.
https://archive.is/YBnPG
https://freedomcells.org/
>Help grow the circular Monero economy: buy/sell goods & services with/for XMR!
https://monerica.com/
https://xmrbazaar.com/
https://www.reddit.com/r/moneromarket/new/
https://kycnot.me/?t=service&q=&xmr=on
>Shop on Amazon with XMR!
https://monezon.com
https://peershop.app
>Live off XMR with Cake Pay (now available in 140+ countries!)
https://cakepay.com/
>or with CoinCards
https://coincards.com/
>Monero stickers for guerilla marketing
http://monerosupplies.com/
>Anonymous burner phone numbers
https://silent.link/
>Monero-only VPS hosting
https://kyun.host/
>Win XMR!
https://monero.vegas/
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
>Babylon #
>Calypso #
>Candy Haven #
>Chimera Market
>Cloud Market
>Cypher Market
>Dark Matter
>DrugHub #
>DrugTown #
>Drugula #
>FilthyFellas
>Gofish Market #
>Gramazon #
>Hectate Market #
>Mercury Market #
>Pygmalion's Refuge
>Retro Market
>Smackers
>Sonanza Market #
>Squid Market
>SuperMarket #
>Tribe Seuss
>Whales Market #
>Wizard's Palace #
>World Trade Center #
Links: https://pastebin.com/raw/fF95wTNi
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
http://basicswapdex.com
>Want to support further development?
https://ccs.getmonero.org/donate/
https://monerofund.org/
>Join a Monero Workgroup and (potentially) earn XMR!!!
https://www.getmonero.org/community/workgroups/
>Want more Monero-chan?
https://www.monerochan.art/
>How to *safely* acquire, store and spend XMR
An optimal XMR user set-up involves 2 separate wallets: an offline cold wallet (savings account) and an online hot wallet (chequing account) for everyday spending. XMR amounts larger than a few hundred dollars worth should not be stored on a hot wallet for obvious reasons. So ideally, you'll want to direct all payments/donations to your cold wallet by default and then transfer smaller amounts over to your hot wallet as necessary.
Relying on 3rd party hardware wallets comes with certain security caveats so they are not recommended. Instead, its surprisingly easy to engineer a very robust storage solution yourself using readily available hardware: a laptop and a smartphone.
>Laptop
This will be running Featherwallet and must be *permanently* disabled from ever connecting to the internet again! That means physically removing the M.2 Bluetooth/Wi-Fi card and gumming up the ethernet port with superglue.
OS should be Linux rather than Windows, preferably a Debian-based lightweight distro. Encrypting the relevant user directory with LUKS is recommended but not essential.
It must have a functional webcam.
>Smartphone
This can be your primary device. It will host both your hot wallet e.g. Cake, Monerujo, etc and the NERO view-only wallet that is paired with your laptop.
To set everything up: https://4rkal.com/posts/feathernero/
NOTE: if you don't have a laptop you can use another smartphone and install the ANON wallet onto it, its essentially the same thing but with somewhat weaker security guarantees. Video guide: https://www.youtube.com/watch?v=oJqYzZyqyno
>In a nutshell
- you accept all (substantial) payments to your cold wallet.
- you monitor incoming payments on NERO.
- you initiate the transfer of funds from your cold wallet to hot wallet on NERO and sign the TX on your laptop via QR codes.
- you spend the funds and help grow the XMR economy.
FYI this is the most secure storage solution currently available.
>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.
buy xmr
md5: ab5f1b106195f58d01a459ea1bcf0e11
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I have been investing in XMR. Yes, really.
marked
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>>60629097>I have been investing in XMR. Yes, really.And just in time apparently.
>>60629139I mean what reasoning would have Monero tripling in value right now?
>>60629139hate this cringe faggot mutt, why does he feel the need to lie?
>>60629139oh damn a twitter who said something
>>60629097XMR is the only sensible investment in 2025. It's a shame we've already been delisted, so there won't be predictable low price points to buy in.
>>60629781XMR is on Kracken and fixedfloat and a bunch of other things like fixedfloat. I dunno it doesn't feel delisted.
You know burstcoin, which became signum? THAT coin feels delisted as fuck.
>>60629928Oh I thought it was fully delisted, but looks like it's only in the EU. Still waiting for global Kraken delisting then.
>>60629750none, he's just retarded
>>60629750>I mean what reasoning would have Monero tripling in value right now?Organically? None. But that's true of all crypto.
>>60629775>hate this cringe faggot mutt, why does he feel the need to lie?Its a get-rich-quick strategy, all the crypto phonies do it. He is extra cringe because at least the other phonies just stick to the shameless moonfagging, he must also larp as a die-hard revolutionary cypherpunk on a mission to End the Fed. Not to mention his genuinely hilarious messiah complex, lil nigga actually believes he is single-handedly responsible for kicking XMR into gear with his compelling tweets lmao
>>60630099>he must also larp as a die-hard revolutionary cypherpunk on a mission to End the Fed
>>60630099what's NGU? non-gonococcal urethritis?
monero pedotrannies in shackles after qub1c takes 51% of the hashrate and dumps this shitcoin into the pit
>>60630353saar do not redeem hashrate bitch bastard monero AI supireor to qub1c
>>60630353c_f_b is an adept scammer from very early crypto days. He’s always examining new ways to scam people in crypto. With Monero, he found an innovative scam:
1) mining hash rate websites typically rely on self reported hash rates from pools. This is generally okay because most blockchains are publicly viewable, meaning it’s tough for a pool to lie about their hash rate, but
2) Monero is private
This means that a scammer like c_f_b can outright lie about qubic’s hash rate and there’s not much people can do to prove him wrong. So he’s able to garner attention as this pretend ultra AI botnet about to take over the chain. He chose XMR very specifically.
>>60630875idk why anyone would go for an overly big pool anyway. you want it big enough for it to catch blocks but not so big that you have to share the block with so many you end up earning peanuts
>>60628825yet its not gone below 100k in a long time. supply is getting lower too as you have all these etfs and funds hoarding it up
>>60630875They are actually mining blocks though. It's embarrassing but they are pretty comfortably mining 16-20% when mining at 100%.
>>60631181>yet its not gone below 100k in a long time. supply is getting lower too as you have all these etfs and funds hoarding it upSo? This a highly manipulated (and cartoonishly irrational) clown market, the number is supposed to go up.
The real issue is exit liquidity, the actual number of *genuine* buyers willing to hand over their cash for your bags. The thing about market manipulation is that it distorts perceptions, assets with very low demand/volume can appear to have very high demand/volume, the entire point is to induce FOMO and sucker the rubes in.
Apart from good ol' wash-trading, BTC of course also has Tether's magical printer to keep things pumping, $160 billion USDT printed so far and counting. Still no audit but we can totally trust them, bro!
TL;DR: BTC's number can keep going up and up but that don't mean shit if you and almost everybody else can never actually realize your SICK GAINZ due to minimal or non-existent exit liquidity. Crypto "investors" are genuinely too stupid or ignorant to understand this so they celebrate every ATH like a personal victory, like they're actually one step closer to being millionaires. Poor bastards simply don't get that *they* are the exit liquidity and will inevitably get left holding the bag, this is *mathematically* guaranteed to happen eventually.
And this is why having a thriving and growing cryptocentric economy is absolutely essential if you actually want to be able to realize any gains since that constant flow of new and returning shoppers constitutes a dependable source of genuine exit liquidity, they can't go shopping without buying your coins first. But of course, that requires that the underlying asset actually works as fungible digital cash (BTC disqualified) and that the goods & services on offer are both appealing AND competitively priced.
>>60633121well this is /biz/ after all so one must assume that many anons like the idea of making a profit, and like it or not bitcoin is kinda good for that
>highly manipulated clown marketyes
but this is not necessarily a problem
still stacking xmr tho
>>60633624>making a profit, and like it or not bitcoin is kinda good for thatlol what actual profit? Where did all that extra liquidity come from? Did it spontaneously materialize out of the aether? Fuck me, you carefully spell it out for them and they still can't comprehend why paper gains aren't necessarily real.
>>highly manipulated clown market>yes>but this is not necessarily a problemIndeed, its actually very entertaining.
>>60633815>Did it spontaneously materialize out of the aether? Yes, actually. That’s how markets work. When you hit an ATH everyone’s asset values increase on paper to higher than what they invested. And as long as there isn’t a run of massive sales this new value can be realized out of the market.
Not only is this how Bitcoin works, it’s how the entire financialized economy works. It’s how derivatives work, it’s how equities work, it’s forex works. The entire relative wealth of the western world is built on the spontaneous materialization of wealth from the aether of various financial products combined with successful marketing that prevents rugs of the asset.
I don’t think it’s necessary to directly oppose this form of wealth creation in order to support financial privacy. Monero can obviously operate as a circular economy as well, but to ignore all of the gains of BTC as only “manipulation” is just burying your head in the sand. Monero can and should lean into its SoV properties as its an even better solution that BTC.
>>60633815>Where did all that extra liquidity come from? Did it spontaneously materialize out of the aether?not sure if serious
but yes
if i put 5,000 obamas in bitcoin and then sold it for 90,000 bidens then yes the extra liquidity spontaneously materialized by people suddenly wanting to accumulate more bitcoin
>paper gains aren't necessarily real.idk my house looks pretty real
usdt-lol
md5: 483aabb2bbefbbc4ef6b6a9bef571727
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>>60634626lol this is as retarded as claiming that printing fiat banknotes "creates wealth." Wealth is created from productivity and providing utility/value, profits are generated by paying customers and clients, BTC has neither. Like all speculative bubbles that rely on increases in price rather than on cash flows generated by the production of value-added goods and services, Bitcoin isn’t actually "creating wealth", it is merely creating the opportunity for wealth transfer, primarily from those who will end up holding the bag.
When you buy stock in a profitable, productive business, your gains ultimately originate from some kind of positive economic activity, the cash you invested is used for R&D, to innovate new tech, to build another factory, to manufacture more valuable goods that will then be sold to more paying customers. When you "invest" in BTC, what exactly are you investing in given that your funds are simply cashing out an earlier investor?
Investors cashing out investors cashing out investors with no product or utility being sold to paying customers (non-investors), this is what you fucking imbeciles actually believe is going to yield you muh generational wealth lmao. And the best part is, all this trading of BTC is largely done with Tether USDT, which as we all know totally isn't being printed out of thin air on a whim and is totally backed by very real assets that have definitely been proven to exist by proper 3rd-party audits.
In other words, there is no actual "wealth creation" with Bitcoin's ROI model, only wealth siphoning. And guess which end of the siphon you're on?
>>60634640>extra liquidity spontaneously materialized by people suddenly wanting to accumulate more bitcoinHow the fuck do you think market manipulation works, genius? Is all that demand for Fartcoin and Dog Meme Of the Week organic?
>>60634640>idk my house looks pretty realYes, it is actually possible to profit from a ponzi scheme if you're lucky (early enough).
>>60635441>manipulationare you legitimately retarded? or just a 110 iq midwit?
who said there isn't market manipulation?
you're just a retard who can't profit from it for purist reasons, someone captured by an ideology
you don't really belong in /biz/ but keep typing your essays bro, i'm sure you will convince us to stop making money because oh nooo look at the bad manipulation
if you had a few extra IQ points you would be making bank on these manipulated markets so you can amass resources and deploy them in initiatives that advance the human race (or even your ideology!)
but you're retarded :)
>>60635441I’m really, really, really tired of someone so financially illiterate representing Monero. You’re probably Doug or one of his frequent guests. And your understanding of markets and economies is downright embarrassing.
I just want to tell you that you’re doing far more harm than even Maverick with this type of bullshit. The idea that there’s some need to couple financial privacy with these extreme economic views is complete bullshit and it honestly makes me think you’re a fed yourself.
Financial privacy is not synonymous with “markets are a scam they don’t create wealth”. Financial privacy is not synonymous with “only “””productive””” capital is real wealth” (however you personally define productive).
As I said before, this financialization is the literal fucking backbone of the entire western economy. If you disagree with the memetics of bitcoin, you by extension disagree with everything that has led to you living in the first world standard of living you find yourself in.
This is a major MAJOR fundamental problem with Monero that is specifically created by Y-O-U YOU YOUUUUUU ****YOU****
You are so economically extreme and believe your worldview is so fundamental that you try to combine a simple and amazing idea like digital financial privacy with all of these bullshit things like markets are just an illusion of wealth. There are millions of people who cashed out their BTC, their stocks, their derivatives and all the other financial products that operate exactly this way. So many billionaires and millionaires have been created this way.
You are the fucking equivalent of a luddite where only bartering is legitimate economic activity. Who the fuck thinks they’re signing up for that when they start researching Monero?
Stop bringing your stupid fucking personal views into a conversation about XMR AND PRIVACY
>>60635441You are on a finance board. Go fuck off to /pol/ if you don't like/want to know how finance works
>>60628797 (OP)Is the art fund dead?
Did the community stop making new Monero-chans?
>>60636986AIslop killed it
>mfw i buy monero both to spend and store for numbergoup
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>>60636576>who said there isn't market manipulation?Oh, so you finally do agree that the crypto market indeed is a manipulated and irrational clown show? Hallelujah!!!
>you're just a retard who can't profit from it >if you had a few extra IQ points you would be making bank on these manipulated marketslol just knowingly play in a rigged casino, bro!
I prefer to invest rather than gamble. More riches for you though, my guy. Enjoy!
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>>60636579>financially illiterate>your understanding of markets and economies is downright embarrassing.>>extreme economic viewslol this is rich coming from somebody who just claimed that wealth spontaneously materializes from the aether.
>financialization is the literal fucking backbone of the entire western economy.There is no economy without productivity and consumption, numbskull. And the "western economy" doesn't operate in isolation.
>If you disagree with the memetics of bitcoin, you by extension disagree with everything that has led to you living in the first world standard of living you find yourself in.lol I enjoy my 1st world standard of living because my ancestors busted their ass working and producing.
BTC itself produces nothing, if you owned 100% of all coins you'd still have nothing. If you owned every plot of land on earth you'd be the richest man alive.
>There are millions of people who cashed out their BTClol citation needed
>their stocks, their derivatives and all the other financial products that operate exactly this way.lol stocks are backed by businesses that produce goods and services for paying customers and clients, BTC is backed by wash trading, infinite USDT printing and a whole lotta FOMO.
>legitimate economic activityHoarding non-productive assets like crypto isn't economic activity
>Who the fuck thinks they’re signing up for that when they start researching Monero?lol "research Monero", what's there to research? Its a privacy utility just like PGP or Tor/I2P, either you need it or you don't.
There is no wealth without hard work, my nigga, no sustainable profits without cashflows from non-investors. Your hopes & dreams of making it by hoarding crypto depend solely on how many greater fools can be convinced to ape in, and those are in ever shorter supply.
XMR can be an exception as long as we can attract hordes of consumers to an ever-growing Monero economy, which again requires.........productivity. Get to work.
>>60636955>You are on a finance board. Go fuck off to /pol/ if you don't like/want to know how finance workshttps://en.wikipedia.org/wiki/Cognitive_dissonance
>>60637429>stocks are backed by businessesWhat happens when BTC backed treasuries are more common? Will you still be repeating this dumb shit again? We all know you’re the type of person who was bitching about tech booms and accounting scams in the 2000s. How much of the S&P is legitimate? And how much is driven by “unsustainable profits”?
While BTC is actively trying to overcome its uselessness as a utility by becoming inextricably linked with the American financial world through treasuries and plenty of other products, illiterates like you want to pretend Monero will get there rubbing sticks together with bartering.
You either embrace MODERN finance or you will die. Privacy alone will not overcome this strategic retardation. I am going to fucking be here every thread reminding people Monero is not full of idiots like you. We need strategic thinkers not just porcfest losers pretending their little tchotchke market is going to contend with the derivatives industry.
>either you need it or you don't.This is exactly the type of thinking that gets us nowhere. YOU CAN ACQUIRE MONERO BECAUSE YOU **WANT** IT TOO. Holy fuck I hate you.
>>60637406>finally?
sorry i didn't even read until the end
i don't think you have anything useful to add to the conversation
you look very confused
or retarded
likely both
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>>60637519>What happens when BTC backed treasuries are more common?lol you mean graduates from the the Saylor School of High Finance? "Hoard BTC, produce no actual goods or services, profit!"
>How much of the S&P is legitimate? And how much is driven by “unsustainable profits”?Productive businesses are legitimate, their profits are generated by paying customers and clients, if you invest in one your wealth grows in tandem with growing economic activity.
>BTC is actively trying to overcome its uselessness as a utility So BTC is useless (and thus worthless) as a utility......but it becomes super valuable when hoarded? Brilliant.
>becoming inextricably linked with the American financial world through treasuries and plenty of other productsSmoke and mirrors, my boy. Nothing of value is actually being produced here, these firms borrow fiat to buy crypto then use those highly volatile assets as collateral to borrow even more fiat and then, finally, they acquire other companies still using debt!!! Traditional bidnizes secure debt based on predictable earnings, whereas crypto treasuries rely on speculative price gains, using crypto as collateral for sustainable growth is structurally mismatched.
This model is essentially a debt-fueled house of cards. It relies on perpetual price growth in volatile markets paired with cheap, easy credit, conditions that are rare and short-lived. Once market sentiment shifts or credit tightens, the model collapses, often quickly and painfully.
https://coingeek.com/crypto-treasury-companies-first-borrow-then-sorrow/
>You either embrace MODERN finance or you will die.This isn't finance, this is smoke and mirrors.
> We need strategic thinkers not just porcfest losers pretending their little tchotchke market is going to contend with the derivatives industry.Translation: my lazy ass yearns to get rich quick by hoarding a lil XMR as opposed to being productive, working hard and earning a lot of XMR.
>Holy fuck I hate you:)
a09ink
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>>60637561lol there really isn't much else you could say.
store of value is indeed a value, including BTC. it's just that i want more from crypto. i use monero as a store of value. that's one of definitional purposes of sound money.
>>60637938>So BTC is useless (and thus worthless) as a utility......but it becomes super valuable when hoarded? Brilliant.So gold is useless (and thus worthless) as a utility......but it becomes super valuable when hoarded? Brilliant.
(no gold is not as valuable as it is because of its non money uses)
>>60637938Why don’t you take your shit to /pol/? This is a finance board. We’re not arguing about the ethics of the modern financial system. We are here to make money. Using a good private vehicle to make money is great, but its a secondary purpose to ensuring we have the wealth to survive all of the financial shenanigans that are happening today.
You are not a representative of Monero. Given your extreme views you shouldn’t be the creator of these general threads. You can go argue anarcho capitalism somewhere else. We want to talk about Monero and don’t want to put a bunch of ideological baggage on potential holders of this coin.
I think XMR is going to 10,000 very soon. That is far more important than your tchotchke market. And nobody in this thread should be ridiculed or ashamed for acquiring a mechanism for privacy to amass more wealth in a secret bank account.
>>60633121>The real issue is exit liquidity, the actual number of *genuine* buyers willing to hand over their cash for your bagsMonero fixes this, unironically. There's no reason why tether should have a monopoly on providing liquidity to crypto markets when monero can do that for less than the CGT you'd pay for cashing out the legit way.
>And this is why having a thriving and growing cryptocentric economy is absolutely essential if you actually want to be able to realize any gains since that constant flow of new and returning shoppers constitutes a dependable source of genuine exit liquidity, they can't go shopping without buying your coins first. True, but the fact of the matter is that people will be more willing to spend if they can suddenly buy more stuff with their money, so it's in everyone's (read: people who buy monero for any reason at all) best interest to have liquidity flow towards monero. The reasons behind it don't matter as much in monero because monero is arguably the most spendable currency in existence.
>>60636579You and the other anon are both right. At the end of the day if we want to grow the monero economy we need more participants. Yes this includes agorists and drug dealers and moonfags and normies and compliancecucks.
Spoiler alert: the compliancecucks will be here by next year since FCMP++ will make monero as OFAC compliant as Litecoin.
>>60638607How does FCMP help OFAC compliance?
nonkyc.io or tradeogre? which is the better one and why is the first not on kycnot.me?
>>60638742>nonkyc.ioNever heard of this. Doesn't load properly on Tor Browser unfortunately.
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>>60638446>store of value is indeed a value, including BTC.lol merely insisting BTC is a store of value doesn't make it a store of value. That forced meme became necessary once BTC failed as a medium of exchange circa 2017, without it there's no way to effectively market BTC to prospective investors.
>i use monero as a store of valueAnd what is it that gives you the confidence to use XMR as a store of value? How can you be so certain you'll always find a willing buyer?
>So gold is useless (and thus worthless) as a utility......but it becomes super valuable when hoarded? Brilliant.Gold isn't useless, it has impressive chemical properties and enjoys dependable demand from jewelers and the electronics industry.
>(no gold is not as valuable as it is because of its non money uses)Gold is actually overvalued and is generally considered a shitty investment because just like BTC it is a NON-PRODUCTIVE ASSET
>You don't even really "invest" in gold. Since the yellow metal produces no cash flows, holders of gold merely speculate on its future price. And anyone who holds onto gold for any length of time almost invariably learns two things: its returns usually lag those of stocks (often by a lot), and it's a poor hedge against inflation.>When you own equity in a company, your stock represents a claim on the business's assets. But more importantly, your stock represents a claim on the long-term stream of free cash flow generated by that business. That cash can then be distributed to shareholders as dividends or kept on the balance sheet as retained earnings.>Gold, by comparison, represents a claim on a lump of metal that produces…nothing. As pretty as it might be, gold gets dug out of the ground, refined and then turned into stuff that mostly just sits there.Still, I'd rather hold gold than BTC, at least I'd still be able to find willing buyers even if investor confidence completely evaporated.
>>60638469>This is a finance board.We are talking finance.
>We’re not arguing about the ethics of the modern financial system.Right, we're arguing about the viability of "muh gains" earned in a demonstrably manipulated and batshit irrational clown market that involves no exchange of actual goods/services.
Y'all simply don't like being confronted with the cold harsh reality that your crypto moon fantasy mathematically can't happen without the involvement of substantial numbers of non-investors providing a predictable cash flow.
>We are here to make money.So make money. Start a business, work hard and with a lil luck you'll make a lot of it. Or help grow the Monero economy to attract the potentially millions of consumers that could pump your bags to the moons of Jupiter.
>You can go argue anarcho capitalism somewhere else.Who said anything about anarcho-capitalism? We're discussing the dynamics of the clown market here.
>I think XMR is going to 10,000 very soon.If you're so certain about this then why are you here whining about the lack of moonfaggotry? Just sit back and await the inevitable with a smile on your face, bigshot.
>And nobody in this thread should be ridiculed or ashamed for acquiring a mechanism for privacy to amass more wealth in a secret bank account.Hoarding is discouraged because it discourages spending, and without spending the Monero economy will suffer. And without a growing economy to attract evermore liquidity......geddit?
The smart play is to secretly hoard while publicly denouncing hoarding since every fellow hoarder is a competitor for exit liquidity, the fewer hoarders there are the more you can withdraw for yourself.
>>60638686View keys. One of the biggest reasons why investors can't really hold Monero is that you can't see outgoing transactions of a wallet reliably. The new outgoing view keys fixes this. With this in mind: What's the real difference between a Litecoin ETF that's made it's public key available and a Monero ETF that's made it's public, incoming view keys, and outgoing view keys available despite any privacy features available on both coins in the eyes of OFAC? The only answer I can come up with is nothing
>>60628816Extremely based thread anon
>>60638885>a Monero ETFSo.....the very same governments that are trying to have Monero universally delisted are going to approve a Monero ETF?
>>60638877> “muh gains”If you’re referring to GAINS with the pejorative “muh”, on a fucking finance board, its pretty clear your thread doesn’t belong here.
There is no “muh” in gains. There is nothing derogatory about making money. That’s the entire fucking point of this board.
You don’t belong here. You are not representative of Monero. Go talk about your stupid philosophy somewhere else without wearing the skin of XMR.
>>60638960I'm only saying the cards are going to be on the table. Kep in mind these same governments have an unknown amount of seized Monero that they wouldn't exactly mind having the option to legitimately hold on their balance sheet
>>60638960use moontards to bully the government anyway.
daily reminder the central banks and regulators cope with monero largely by trying to keep it obscure. someone post the pic.
Fuck all you moonfag cunts, we have a truly precious opportunity here to build a real and sustainable alternative economy and you worthless opportunistic niggers aren't going to ruin it. Into the ovens you go headfirst.
>>60639111If we all just bake some AMAZING cookies and sell them for XMR we can totally take over the whole economy!
Also making money is stupid and unsustainable
>>60637406>>60637429>>60637437>>60637938>>60638865>>60638877Federal agent. Paid for years to derail Monero threads, make them look retarded, and scare off any newcomers before they get too interested in privacy. Any attempt to engage with him will fail as long as he keeps getting paid. Making a parallel Monero thread could work, but all previous attempts have been derailed by him showing up with hit faggoty takes
>>60639397We should start parallel threads. Also I know his schtick, he’ll tell someone else to call another thread “XMR Moonfag General”
Do NOT name it that. Literally call it just XMR Monero General.
Make it directly compete with this bullshit thread. This faggot has no right to call his stupid ideological thread the “general”.
>>60639418I've tried a few times but he always comes by to fuck it up and at the time there weren't any other people sick of his shit to balance it out.
>>60639418But anyway, if I don't see a thread up in a few hours I'll make one
>>60639474I’ll contribute. Fuck the OP
>>60639207Go be a lazy nigger somewhere else. The real monero chads are building a truly free market emporium where actual fortunes will be earned by hardworking white people. Lazy niggers can have the clown market, nothing of value lost.
>>60639418>>60639448>>60639474>>60639474God, I wish you would so we never have to read your niggerish moonfaggotry again.
>>60639490>>60639499>there WILL BE NO profits made here!!!!
ngu-tech
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>>60639019>If you’re referring to GAINS with the pejorative “muh”No, I'm referring to the MUH GAINS meme that was coined to mock moonfags like you who actually take the clown market ROI model seriously.
>There is no “muh” in gains. Paper gains with no mathematical possibility of ever actually being cashed out in full are muh gains.
>There is nothing derogatory about making money. That’s the entire fucking point of this board.You seem to be confusing the clown market blackpill with some kind of hostility towards making money.
Homie, we're all pro-gains, pro-profit, pro-Mars mission here.....the only difference between me and you is that you're willing to go full moonfag and throw the nascent Monero economy under the bus for your personal gain while I'm willing to defer my personal gain for the benefit of the Monero economy and a higher ideal.
>You don’t belong here. You are not representative of Monero. Go talk about your stupid philosophy somewhere else without wearing the skin of XMR.Sorry brah, the Monero economy comes first. Sit tight, work hard and you too might profit handsomely.
>>60639111>Fuck all you moonfag cunts, we have a truly precious opportunity here to build a real and sustainable alternative economy and you worthless opportunistic niggers aren't going to ruin it. Into the ovens you go headfirst.Checked, based and agoristpilled.
>>60639397>Federal agent. Paid for years to derail Monero threads, make them look retarded, and scare off any newcomers before they get too interested in privacy. Any attempt to engage with him will fail as long as he keeps getting paid. Making a parallel Monero thread could work, but all previous attempts have been derailed by him showing up with hit faggoty takes
moonfag2
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>>60639418>We should start parallel threadsGreat idea! It would be just like the Monero vs XMRtrader subreddit divide: one for serious tech, business and ideological discussions, the other for totally-not-delusional "$10K XMR soon! WAGMI" moonfag hopium posting!
GOGOGOGOGOGOGO
>>60639111Moonfags holding Monero =! Moonfags holding bitcoin. The tokenomics matter here.
Moonfags in Monero can actively participate in the counter-economy. They can buy and spend their coins on anything they want without worrying about
>kyc/aml compliance >tainted coins >your transactions suddenly costing $50 and being told to 'think in sats' as a cope >learning how to use a bunch of tools and services to avoid having to deal with the above .>finding a business that is willing to deal with the above for them to accept their coins And so on. You can safely assume that at least SOME moonfags will cash out on retoswap (based), buy something on xmrbazaar (based) or a DNM (based), or try to earn Monero (ultra based). Meanwhile the only thing moonfags in bitcoin can do reliably is buy and sell bitcoin on Coinbase, unless they want to feel the pain of trying to use it.
Tl;dr moonfags will spend Monero because they can.
>>60639893>Moonfags in Monero can actively participate in the counter-economy.Regular spenders who support and prioritize the Monero economy while secretly hoping for an eventual Mars mission shouldn't really be considered moonfags. Shit, I definitely wouldn't mind if XMR hit 5 figures organically.
>>60639798>throw the nascent Monero economy under the bus This is where you become absolutely retarded. Why the hell do you think being pro-holding XMR is somehow mutually exclusive with transacting in the economy?
Bringing the price up brings new people to the chain and more participants to the market. It ALSO increases the entire addressable market of Monero overall. You can’t have a trillion dollar economy if your market cap is $6 billion.
You can trade every single one of your little LSD cubes at $1 trillion market cap versus $6B. Literally the only thing that changes is the price of XMR on the sale. The crypto literally has, wait for it, DECIMAL PLACES. You can price it however you want!!! Honest!
This short sighted combative approach to people who just want to save the money in a private bank account is so fucking annoying and it’s not right of you faggots to do it.
Bitcoin is hitting all time high while you’re being passed by a dozen memecoins. And instead of adjusting ANYTHING about your approach in light of those facts you keep shielding your eyes pretending nothing other than porcfest is real. And btw if Bitcoin (or the financialized economy, which you have continually avoided addressing) imploded like you expect, the XMR price would be about $3.
$120,000 versus $320
And you smugly act like YOU’RE the one who accomplished something.
Fuck you.
>>60639814>agoristWhat a stupid word. Like intentionally designed to seem like an insider philosophy unwelcoming to newcomers. You’re not even lifting a finger to help people find and understand Monero haha. Treating it like a secret club nobody else is pure enough to be accepted into
>>60639798>>60639978Holding is the equivalent of saving. Imagine telling some farmer in 1920 or 1980 "how dare you save gold moonfag, never mind all the paper money the US government is producing". Expecting gold to go up against a depreciating US dollar is reasonable. The same is true of Bitcoin or any asset.
>>60639960>organicallyYeah let’s start a commission to look up the ass of everyone who buys Monero and make sure they only want it for the utility.
What the fuck is happening itt
>>60640062I’m just sick of it man. XMR is the best currency but the worst part of it is its community. We’re being led by ideological purists who *genuinely* don’t want the price to go up ahahaha
I’m going crazy over how retarded these people are
>>60640075Maybe I shouldn't have made that post about investing kek
>>60640075I haven't posted here in a long while because of it. I only am now because finally someone else is sick of it.
>>60639978>Why the hell do you think being pro-holding XMR is somehow mutually exclusive with transacting in the economy?Because the sad example of Bitcoin's crippled economy indicates otherwise and serves as a poignant reminder about what happens when you let HODLtardation take center stage. They're literally instructing the faithful to NEVER SPEND now.
Monero's healthy spending culture must be nurtured and protected at all costs.
>Bringing the price up brings new people to the chain and more participants to the market. It ALSO increases the entire addressable market of Monero overall. You can’t have a trillion dollar economy if your market cap is $6 billion.Right. But as seen, resorting to moonfaggotry doesn't result in a larger, healthier economy. On the contrary.
You can also bring the price up gradually by growing global demand for Monero as a utility. But that would take time and require lots of hard work, which moonfags are severely allergic to lol
>This short sighted combative approach to people who just want to save the money in a private bank account is so fucking annoying and it’s not right of you faggots to do it.lol who said you're not allowed to hold XMR?
>Bitcoin is hitting all time high while you’re being passed by a dozen memecoins.It's still real to him, dammit lol
>$120,000 versus $320It's not real, ya dingus. Take the Clown Market Blackpill and chill.
>Fuck you.You seem upset.
>>60640062>What the fuck is happening ittDelusional moonfags want NGU without working for it and are getting triggered by the Clown Market Blackpill that taunts them in their dreams lol
>>60640126>working for itSign up for the Monero bake sale! We raised FIFTY DOLLARS last time!!
>>60640104>They're literally instructing the faithful to NEVER SPEND nowThey're teaching people the same ideology as my great grandma. On paper "never spend", be frugal, save, stop throwing away your life's work on plastic crap. Of course people still buy things, food, a car, house, gas, but we've been so indoctrinated into pissing away our life's work that you take it as normal. I don't want your gay artisan coffee beans, I want to save every penny I can regardless of whether that's in gold, Bitcoin, Monero, or something else. That is a good message Bitcoin people are teaching but Monero people can teach it too.
>>60640003I think it's fine, since people are lazy and won't look up what it is. It sounds like a word that'll appeal to slacktivists, so just saying BUY MONERO SUPPORT AGORA END THE FED F THE SYSTEM probably brought in more people than anyone would care to admit. Even if I'm wrong I don't think we're in a position to be turning away anyone willing to buy/spend Monero
>>60640062We're talking about the coin for the first time in months.
original
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>>60640133>Sign up for the Monero bake sale! We raised FIFTY DOLLARS last time!!Yes, its called "working hard and being productive" and its how wealth is actually created.
>>60640153You are such a faggot man. I really think you’re a fed being paid to make Monero seem gay.
Anyway, in addition to making the parallel threads I think people itt should start working on a disclaimer we can copypasta into every one of this guys threads so people don’t believe all Monero holders are as retarded as him
the only coin refusing to join the bullrun
congrats lmao
>>60640168>You are such a faggot man. I really think you’re a fed being paid to make Monero seem gay.Killer rebuttal there, pal. Have you decided which color lambo you're going to buy when you cash out all your SICK CRYPTO GAINZ?
***** DISCLAIMER *****
The creator of this thread actively discourages holding Monero. We, the broader community of Monero, do not agree with him. Buying and holding Monero is a completely legitimate way to participate in the protocol and we encourage you to save your wealth in XMR.
XMR is THE best store of value in the world. Not only is it highly scarce, it is entirely untraceable by any third party. No other store of value, including Bitcoin, provides the ability to anonymously hold your wealth anywhere in the world. Armed with only your seed phrase, you can literally take your private bank account anywhere without the consent or permission of anyone. It is like having an invisible stockpile of gold only you know about.
Privacy will be increasingly rare in the coming years, but the supply of Monero will barely increase. Many people understand that Monero represents the most undervalued asset in the world.
>>60640168Just give it up man, he always retreats into a disingenuous loop of react images and straw manning, you won't get a sincere answer past this point.
>>60640197>>60640197>>60640197>>60640197Can people PLEASE paste this is every single one of this faggots threads????
>>60640175It'll do it's little pump as the sell signal for everything else like it usually does
>>60640197>***** DISCLAIMER *****>
>The creator of this thread actively discourages holding Monero. We, the broader community of Monero, do not agree with him. Buying and holding Monero is a completely legitimate way to participate in the protocol and we encourage you to save your wealth in XMR.>
>XMR is THE best store of value in the world. Not only is it highly scarce, it is entirely untraceable by any third party. No other store of value, including Bitcoin, provides the ability to anonymously hold your wealth anywhere in the world. Armed with only your seed phrase, you can literally take your private bank account anywhere without the consent or permission of anyone. It is like having an invisible stockpile of gold only you know about.>
>Privacy will be increasingly rare in the coming years, but the supply of Monero will barely increase. Many people understand that Monero represents the most undervalued asset in the world.Translation: I need you to be my exit liquidity. Plz HODL until I'm out.
>>60640133>>60640168>mocking the virtues of hard work and delayed gratificationLazy nigger confirmed. Hurry up and start your moonfag general already.
>>60640175insider here.
pewdiepie will be releasing an XMR vid soon.
>>60639418Let's work out a <2000 character OP, so that it will fit in a single post. Ideally it'll describe what Monero is, the easiest way to get started buying and mining it (without being too autistic), how it's different from Bitcoin (without becoming a shit-flinging contest), and what differentiates /PMG/ (title open to revisions) from /XMG/ (without dragging new people into too much drama). A link to a primer on basic economic principles, one of Rothbard's shorter essays, would also be good.
---------------------------------------------
Practical Monero General - /PMG/
Welcome to Practical Monero General where we discuss the most popular private digital money, Monero. Whether you want to focus on Monero's role as a private medium of exchange, measure of value, standard of deferred payment, or as a store of value, /PMG/ is the place to do so without ideological pressure.
What is Monero:
https://www.getmonero.org/get-started/what-is-monero/
https://youtu.be/QrHsFZBab4U
But what about Bitcoin:
https://youtu.be/ak5TFr26BaE
How does it work:
https://www.getmonero.org/resources/about/
How do I get Monero:
https://www.getmonero.org/community/merchants/
How do I get a Monero wallet:
https://www.getmonero.org/downloads/
How do I mine Monero:
https://www.getmonero.org/get-started/mining/
>>60640558See? Its literally that easy.
>>60640558Where can I spend Monero:
https://monerica.com/
https://cakepay.com/
https://coincards.com/
https://xmrbazaar.com/
Monero-related communities:
https://www.getmonero.org/community/hangouts/
https://www.reddit.com/r/Monero/
https://www.reddit.com/r/xmrtrader/
Investment thesis:
https://youtu.be/wq6w03E2DS4
Network statistics and price model:
https://moneroj.net/sfmodel/
I want to donate to the project:
https://ccs.getmonero.org/donate/
https://donate.magicgrants.org/monero
I want to contribute code:
https://www.getmonero.org/community/workgroups/
I'm just here for Monero-chan:
https://www.monerochan.art/
What else?
>>60640104HODLtardation exists in bitcoin (and just about every other coin) because the tokenomics don't support spending. The crypto space tried to encourage spending 10 years ago, failed spectacularly, and never recovered. Lighting tried to address this but it's only feasible at the cost of self custody, and at that point you might as well use Zelle. Looking back, Hal Finney's prediction of bitcoin becoming an asset on some bank's balance sheet that's hardly ever used was spot on.
Meanwhile the tokenomics of Monero supports a healthy spending culture. If Monero were to moon to 10k right now, all that would do is encourage more worry-free spending. I'd argue that moonfaggotry doesn't have any negative consequences in coins that you can spend.
>>60640558/pmg/ already exists
>>60640691Thread name ownership is case sensitive
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>>60640682>HODLtardation exists in bitcoin (and just about every other coin) because the tokenomics don't support spending. The crypto space tried to encourage spending 10 years ago, failed spectacularly, and never recovered. Lighting tried to address this but it's only feasible at the cost of self custody, and at that point you might as well use Zelle. Its more that nobody wants to risk becoming the next Pizza Guy. Great example of how a deflationary mythology discourages spending. Why spend today when it could buy so much more next year....in 5 years?
>Looking back, Hal Finney's prediction of bitcoin becoming an asset on some bank's balance sheet that's hardly ever used was spot on. That won't last the first recession.
>If Monero were to moon to 10k right now, all that would do is encourage more worry-free spending. I'd argue that moonfaggotry doesn't have any negative consequences in coins that you can spend.Why would you spend at $10K when all the loud moonfags are insisting XMR is totally going to $100K? And then $500K? And then $1 million? There will always be a reason to defer spending.
>Don't be the next Pizza Guy! HODL!
>>60640810>The Crypto Pizza Guy: A Slice of RegretBack in 2010, Dave was just your average pizza-loving tech nerd. One lazy afternoon, he craved a couple of large Papa John's pizzas but was low on cash. Luckily, he had something new - Bitcoin. “Let’s try this internet money,” he said, typing away. He sent 10,000 BTC (worth about $41 at the time) to a fellow enthusiast in exchange for two glorious, cheesy pies.
Fast forward to 2025: Dave’s sitting at a crypto conference, his name now etched in blockchain history. The host introduces him, not as a tech pioneer, but as “the guy who bought two pizzas for what’s now over $600 million.”
Laughter erupts. Dave grins and pulls out a worn pizza box with “#HODL” scribbled on it. “Best and worst meal of my life,” he jokes. “But hey, someone had to be first.”
The crowd gives him a standing ovation. Dave may have lost a fortune, but he gained legend status.
Moral of the story? Always tip your pizza guy… and maybe HODL just a little longer.
Disclaimer: This story is based on true events - but don’t go spending your crypto on pepperoni just yet.
https://www.binance.com/en/square/post/24642844463274
>>60629987>believing Chainanalysis
>>60637429does anyone have the leaked screenshot from the Ray Dalio fund slack chat where they talk about investing in monero
>>60638960nobody thought btc would have an etf either
>>60640977>nobody thought btc would have an etf eitherBTC isn't a legitimate threat like XMR is and is treated accordingly. The govt doesn't care how you trade your digital Pokemon cards as long as you're paying the taxes due and you're not circumventing capital controls.
>>60640998BTC is treated differently now as compared to the few years after launch, yes.
WOWちゃん
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wownerochan to the moon desu
>>60641059Isn't that faggot responsible for the general fund theft?
>>60641445Oh shit, good catch. I really need to update the DNMs list, it's been a while. The InfoDump needs an overhaul too now that ring sigs are going away. Already updated the infographic, will post it soon
>>606410931 WOW = 1 WOW
There is no second best!
>>60640701>>60640928>Pizza GuyThat's revisionist history. Before 2017 it was hailed as the day that we proved that our worthless digital tokens could be used to buy real stuff.
>Why would you spend at $10K when all the loud moonfags are insisting XMR is totally going to $100K? And then $500K? And then $1 million?Because there's something you want to buy today. Turns out that people do this thing where they say one thing in public and do another in private
>There will always be a reason to defer spending.Deferred spending is called saving, and should be encouraged. HODLtards are encouraged not to spend.
If you want to say that HODL is always bad, that's a fair take. The question I'm trying to answer with all these posts is: is HODL bad within the context of monero? The best answer I have is: not really.
Let's put all this through the lens of the le ebin Warren Buffet quote that retards like to tout: if you bought and HODLed 100% of all monero available, in 2 minutes you won't be holding all the coins. If the price of monero doesn't matter because people need it to transact and will buy it anyway, what would the price of the newly minted 0.6 XMR need to be to satisfy current demand? Does monero still work at $300 in this scenario?
wirey
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Reporting in
>reminder that there are glowies in this very thread
>point and laugh
I find the alleged dichotomy funny because you can't prevent Monero being used within its all possible uses. Neither are mutually exclusive. The discussion is kinda meaningless.
>>60639798>Paper gains with no mathematical possibility of ever actually being cashed out in fullThat's true for everything from stocks to gold to seashells to even hypothetical perfect labor or energy units. You can't have an asset that abides by the free market yet is immune to bank runs.
The solution is scale and universality. Monero needs to be held by more and different people. Monero needs to be used for many different uses. As much as possible.
>>60640810People who think the pizza was the worse trade ever are fundamentally retarded. First, they fail to comprehend the time dimension exists. Then, how it's not like you're limited to buy only a limited amount of bitcoin. You have what you want to hold. What you want to spend doesn't influence this. As if every HODLtard is never buying pizza just so he can save the tiniest amount of money to save bitcoin, and have been doing this sine 2009. Yeah right, no. They spend USD for their pizzas. Spending that USD as bitcoin instead doesn't change the basic equation.
>>606410934pass doesn't accept monero payment and they use cuckbase. Cringe. Not gonna buy a pass.
>>60643004Yes the deflationary assumptions are bullshit. You're still going to buy food. The items you buy will be the stuff you actually need and higher quality.
I don't think anyone here is against using Monero as your personal savings account. Promoting sick gains, basically pump and dump, etc. is another story entirely.
>>60643615> Promoting sick gains, basically pump and dumpWho is hoping for a dump? Everyone you accuse of immoral gains seeking is hoping for a pump and a higher pump.
These people are literal fans of Monero that you push away kek
>>60643748>These people are literal fans of Monero that you push away kekGood, they'd just ruin it anyway.
>>60643834Sure thing, buddy. I bet you don't even buy or sell anything for Monero.
>>60628797 (OP)Does anyone doing solo mining? What is your hash rate if yes?
>>60641160i think that was luigi, who had the keys/wallet in an old, non-updated windows machine or something like that
>>60643615It's become obvious to me that there's a lot of traumatized ex-bitcoiners in the community that can't see the difference
>>60645220Yeah they’re really traumatized from their investments making a lot of money.
Anybody claiming they're not being allowed to hold xmr is arguing in bad faith. Clearly nobody can dictate what you do with your coins, you can burn them if you like. But acting like the historically pro-spending culture here is an attack on your personal freedoms is absurd. All the oldfags know that a functioning circular economy has been an absolute priority for the community since basically day one and that this has given rise to an ideological culture that prioritizes spending and entrepreneurship. So of course the OGs are going to be very protective of that culture, it would be concerning if they weren't.
It seems that moonboys view this prioritization of the monero economy as an obstacle to a more timely NgU and are now actively trying to speed things along by astroturfing a hodl culture while attacking the ideological foundations of monero's business oriented ethos, recall the recent sperg out over agorism. Now, I'm not some super ideological guy but I do recognize that crypto itself has deep ideological roots. It is, at its core, a reaction to centralized financial power, censorship and surveillance. Strip away that ideology and you’re left with just a slower, more complex fintech product chasing regulatory approval. But that's what exactly what moonboys want, something tame and watered down that can be marketed to retail investors. Which is why they are so hated by monero extremists, can't say I blame them.
Also, this sudden spike in moonboy agitation seems somewhat organized rather than organic. These generals are typically quite chill and comfy, slower moving but devoid of typical cryptobro retardation so this sudden shift in tone is pretty jarring. Judging by the ringleader's talking points and penchant for making absurd price predictions I'm about 75% certain this is Mavrick and/or his twitter crew we're dealing with here. Those guys have been shitting up my feed for a while now with virtually identical sentiments, you'll know it when you see it.
>>60645782>All the oldfags knowNo they fucking don't you sped. It's that for years any time someone tries to talk about price you tards start REEEing about moonfags, you ignore that price is the fundamental unit of information & value in an economy (von Mises, Rothbard), or pretend that it's all fake, and try to swap your unknowable "real-world utilization" for price, where (like with communists) "real world utilization" is whatever you like and fake clown market is whatever you don't like. Then you spam a bunch of faggy react images, NGU, HODL, etc., to straw man the other side, quote your entire opponents' posts with a one word reply at the bottom, throw in buzzwords like agorism, purity spiral over i2p & p2pool, and generally just act shitty to new people with different views from your very narrow cult.
Money is both a medium of exchange and a store of value (Jevons). If Monero isn't fulfilling one of those functions the way we would like, as measured by price, the only economic unit of information we have, then we should be able to talk about it without you shitting your pants. The "historically pro-spending culture" is something you have pushed. It seems to be the majority view because you've driven away everyone who thinks differently, not because it's the supermajority view among Monero people.
>>60645782I know that what you really don't like are the pajeets that attach themselves to other coins with "wen 1000X sar???" But you've got so over the top it's cut out a massive swath of reasonable people. The Bitcoin view of "never spend" is a philosophy not the literal reality. It's about not throwing away your life's work on crap the way we have all been indoctrinated to.
>>60645907Its glaringly obvious that the current crypto market is heavily manipulated so fixating on price is kinda pointless atm.
Price talk isn't tolerated on the primary monero subreddit either, that's why r/xmrtrader was created. Maybe try replicating that here.
>>60645950Judging by the tragic state of the bitcoin economy relative to the size of its userbase, "never spend" is clearly taken very much to heart.
>>60646025Price talk isn't tolerated on a subreddit, sure. But it's 1000% on topic for a general.
>>60646025Price is the only metric we have. Yes manipulation exists, but when you have daily trade volumes of hundreds of millions or billions of dollars that is a drop in the bucket next to legitimate trade. And buying grandma's cookies and speculating are both legitimate trade.
And who gives a shit what reddit does, it's fucking reddit. If price talk hurts your feelings or doesn't give you enough updoots, maybe you should go back there.
>>60646025And price talk doesn't have to just be "when number go up sar"? It can just as well be "what are the risk-adjusted returns of Monero", "what is the volatility", "if I want to divide my savings between Monero and Bitcoin with risk tolerance X, what should my allocation be", "using price, daily volume, tx count, etc., as proxys can we work out a model of how much Monero is being held long term?".
Price discussion doesn't have to mean stupid brown people.
https://vocaroo.com/17NjSejdF668
>>60646025>heavily manipulated By “the OGs” definition of manipulation, every single market in the world is manipulated. People have been saying the silver market is manipulated for decades. Not only can a market stay “manipulated” longer than you can stay solvent, it can stay manipulated longer than you can stay alive.
>fixating on price is pointlessPower exists. Demand exists. Even if a price is manipulated, the price still sends the signal that the people behind it have the power to manipulate it to that level. That’s a very real economic power even if it violates your idea of a perfect market. Bitcoin has the power of a $1T protocol whether “legitimate” in your view or not.
Given the enemies Monero has already or will have soon, we need much more financial protection than a $6B cap. Which is why you turning away potential allies is suspicious as fuck.
Instead of gatekeeping Monero in the hopes a platonic libertarian ideal market of the worldwide porcfest bake sale eventually emerges, maybe we could try actually engaging with the many people who are interested in Monero and whose FIRST motivation may be related to price?
The rationale that we can’t do this, or that it’s not advisable to do it because it “harms the circular economy”, just isn’t tethered to reality. You can literally just modify the price of your cookies. It’s not hard.
>>60645907>>>60645782>>All the oldfags know>No they fucking don'tno, he's right. they do. this is very fundamental in how grassroots decentralized digital currencies are created. bitcoin only is what it is because it was first used as money in real world economy. what we can do with the asset later is infinite and depends only on human creativity, as bitcoin right now is barely used as money. it's ok. it still serves a function and if you think this function is good or bad really has absolutely zero fucking meaning and no one cares.
what the other fag doesn't get is that the info dump of this thread has a literal section bullying bitcoin by saying bitcoin's price is not the result of supply and demand.
now just be honest with yourself and ask the question of why the fuck this needs to be posted on every thread? it's not even about monero. it invites the discussion about this. and if you dare to say it may be ok to make a profit in this world you will be blasted with ideological bullshit no one asked for.
this is pure retardation, purists being retards as any other ideological mongoloid
>>60646025>Price talk isn't tolerated on the primary monero subreddit either, that's why r/xmrtrader was created. Maybe try replicating that here.>unironically redditthis is not reddit my friend, this is /biz/ - Business & Finance
>>60646224>Price talk isn't tolerated on a subreddit, sure. But it's 1000% on topic for a general.>>60646230>And who gives a shit what reddit does, it's fucking reddit.The fact that it became necessary to create a containment sub for price-related talk says it all. Compare r/Monero to r/Bitcoin, its night and day.
>>60646230>Price is the only metric we have.No its not. The number of merchants accepting xmr is a much more meaningful metric, can't manipulate that as easily.
>you have daily trade volumes of hundreds of millions or billions of dollars that is a drop in the bucket next to legitimate trade.That's just it - you don't know what is legitimate trade and what isn't. Its still an unregulated market with virtually no accountability. So of course there is manipulation, its likely more the rule than the exception. You can choose not to believe it but to insist a game without any referees has minimal cheating is utterly absurd. I get it though, bagholders need to sleep at night.
>>60646296Why is it so difficult to simply create a separate thread specifically for this kind of discussion? Its a win-win.
>>60646593>separate threadno no
i don't think you've been here long enough
people already tried to create YOUR thread on /g/
wanna talk tech? there's a board for that
but jannies and mods didn't like that
so cryptofags are in their containment board, this being /biz/
the fact that we can talk this much about tech on a business and finance board is already a miracle
but hey
sure thing you can TRY creating a /XMR/ Monero Tech
or /XMR/ Monero Ideology
but this is a general one, isn't it
on a business image board, right?
all of you fags need reality checks and some humility
>>60646593>you don't know what is legitimateThe fact that you're trying to group economic activity into legitimate and illegitimate is the problem. Buying Monero for a bake sale or to hoard forever are both legitimate. You don't get to decide the proper use of money any more than the state should. There is a referee, it's called the price. It's why diddling with Bitcoin or Monero has much higher penalties than does fucking with shitcoin #10000
Friendly reminders:
>Monero’s all time chart is loudly broadcasting a massive explosion to the multiple thousands of dollars very soon
>This will attract thousands of more people to look at the coin and many will realize its superiority to Bitcoin
>This new attention and the new financial protection are both very good for the project
>I will talk about it on these threads every single time
>I will post the OP Disclaimer every single thread
>I will call the OP a fed every single time he tries to stifle the growth of the Monero financial network THROUGH the mechanism of price
And there isn’t a single god damn thing any so called “OG” can do about it
whats an alternative to bitpapa guys
let a nigga purchase xmr through steamcards in peace omg
>>60646754The terrible investment meme has spread too far and wide. The entire board already associates Monero with self deprecating anti-moonfaggotry so you just come off as an inauthentic crypto grifter trying to pump his oh so heavy bags. You're even making the same kind of ludicrous price predictions obvious scammers make when they need exit liquidity. It's awesome. I hope you stick around so we can all clown on you when nothing happens "soon".
tronero
md5: 7a7017740d3ace739ddb2f5bcda52b6f
🔍
How should I go about taking my college fund and putting it all into Monero?
>>60648817>It's awesome.What exactly is awesome about getting bypassed by every bull run? Is self deprecation awesome? Do Monero users flagellate themselves like early Christians?
The fuck is wrong with you people.
BTC goes to 120,000
>CRACKS WHIP
yeah ahhhh that feels good
ETH goes to 3,500
>CRACKS WHIP
eeeeeyaaaa we have to do this for monerochan
Monero stays at 300 crabcoin
>CRACKS WHIP
FFFFAAA Just keep doing the bake sale it will take over the world soon
You people are fucking crazy
>muh bull run
I hate retarded gamblers so fucking much
>>60650286Yeah man. BTC isn’t going up at all. In fact, if a BTC user clicks “sell” on the Coinbase app they just Rick roll them!!! hahah LOL
The money isn’t even real they’re not allowed to sell for more than they bought!!! Bull run is fake
Fuck you
>>60650296I don't care about your schizophrenic illiteracy retard, XMR is a currency
>>60650301>calling investors “gamblers”>/biz/ - Business & FinanceWho the fuck is the illiterate one?
>>60650313>I am investing in a currency>le bullrun because I bought and I'm hoping and dreaming the line goes up>/biz/ - Shitcoins and Useless NEETs waiting for a 10000x so their 50$ "investment" lets them larp as sucessfulXMR is a currency
increasing the acceptance of XMR in commerce is the only thing I care about, not how much money it costs to buy XMR
you are as retarded as people buying euros or dollars and saying bull run imminent
>>60650322Are you……not aware that forex markets exist? Explain how creating a new currency with zero interest in the price going up is a “business” or a “financial” topic? Business and finance is about making money. Businesses can’t survive without profit. It’s not about establishing a new digital network state. That sounds more like /pol/ actually. If we want it adjudicated, we can always take it to the friendly 4chan mods. There is a “report” function, after all. You fucking faggot.
I just want you to know I’m not going to leave. I am going to be here every single thread from here on out calling you people fucking retards. Literally how dare you mock people for wanting to preserve their wealth in times like this.
I’m not going to let people think Monero has only idiots like you representing it. I consider it my duty as part of the expansion of digital privacy worldwide.
>>60650357>forex marketsyes, because buying and holding is the primary way of making profit in forex and not leveraged longs and shorts
forex also sees 2000% changes regularly and is based on hopes and dreams and not interest rates and trade deficits
>It’s not about establishing a new digital network stateit's precisely about that
you new age grifters that latched into crypto and treat it like a magic money dispenser are cancer
you should all be fucking killed, you're parasites
>I just want you to know I’m not going to leave. I am going to be here every single thread from here on out calling you people fucking retards. Literally how dare you mock people for wanting to preserve their wealth in times like this.I do not care about your mental illness or desire to defend your ego in front of strangers on the internet, I don't even post here regularly
XMR is a privacy focused currency, not a shitcoin with the goal of making the line go up so retards can finally leave their mother's basement
the goal of anyone actually using XMR is to use XMR, not to hold it in a wallet and then exchange it back to fiat
>I’m not going to let people think Monero has only idiots like you representing it. I consider it my duty as part of the expansion of digital privacy worldwide.the only idiot in this conversation is you, a midwit who thinks monero was created to follow the usual shitcoin pump and dump cycle and who thinks people using monero aren't who monero is for
the moment cryptocurrency diverged from the currency part your kind started getting worse
>>60650385>it's precisely about thatThen make a thread on /pol/. What’s so hard about it? Oh you’re afraid that it won’t get a lot of traction and will be deleted very quickly?
So you make a thread on /biz/, KNOWING this board is filled with people wanting to make money. You’re the people using the attraction of monetary gain as a way of artificially keeping your stupid veiled agorism ideology network state threads alive.
And you have the audacity to call the people who actually have ON TOPIC POSTS “grifters”
Fuck you. I am committed to ruining your off topic threads. Your agorism posting days are over.
>>60650456firstly I do not browse the newfag shithole that is pol, but maybe you should go back there
secondly this board isn't about making money, it's precisely about crypto but newfags who started posting in 2020 wouldn't even know why this board was created
thirdly the OP literally says XMR is a currency, expecting for XMR to have pump and dumb cycles like a shitcoin shows that you are illiterate and ignorant, like going to a tether thread and asking when 1 USDT will be worth 10000k dollars so you can retire
fourthly you are indeed a grifter
fifthly take your meds, nobody who wants to use XMR(criminals and drug dealers) cares about what you are posting about on a random thread on 4chan, your continuing insistence on XMR's price rising is a self-inflicted problem stemming from delusions and ignorance of what XMR actually is
sixthly take your meds again, I will now be filtering you since this board thankfully has IDs to deal with your kind
>>60650480Typical straw man bullshit.
“It’s a crypto that doesn’t go up and its about agorism, tech and the network state”
>posts on /biz/You can filter me all you want. I’ll still be posting and telling people about the SICK GAINZ they can make by HOLDING Monero.
>>60650301Monero is supposed to be money. a medium of exchange and store of value are both two necessary functions of money
>>60650508a store of value has nothing to do with expecting the price to rise for no reason, and deriving expectations of profit from holding the currency
not even talking about inflation adjustment here, I'm talking about expecting big price increases for no reason and advocating for XMR on that basis
>>60650522>no reasonPeople buy the coin. It goes up. What more “reason” do you need
is there something like steam for monero
>>60650568yes, there's certainly an imminent multibillion dollar investment coming to an explicitly private and anti-regulation coin that is delisted from all major exchanges
the government loves private untraceable transactions and so do banks and investment funds
XMR will reach 1 quadrillion dollars and we will finally show Chad how stupid he was when he called you a nerd
no, using a currency as a currency is irrelevant, just buy and hodl my bro, your hopes and dreams will propel XMR to the moon
everyone should buy as much as possible with the expectation that the price rises, this is definitely what will lead to a healthy circular economy
>>60650651Oh I thought you filtered me.
Hey question, why do you people straw man everyone? Like are you schizophrenic or something?
>>60650522>no reasondoes it explode your moral compass if i discovered monero early and acquired it to store value privately also in hopes that more people would end up discovering it and buying it thus raising its price?
or this is also... let me check my notes... new age grifterism moonboy fanatism parasite jew behavior?
kek
i'm not fond of twitter retards who can only post about price and "wow bros look there's institutional money coming in!! let's goooo!" but from that to simply ass blasting anyone who has as goal to store value and hope it increases since we're early in the game is a fucking stretch and you know it
>>60628797 (OP)Can you still buy xmr on kraken in the US?
>>60650385It's not for no reason:
-Yes it should go up against rapidly inflating currencies. Not 100x, but a lot.
-It should go up from people just buying it to spend later M*V = P*Q, a basic economic law, dictates that if expenditures, your Monero economy or the "Monero GDP" stay the same, but other people are holding the currency, lowering velocity and the circulating supply, the price by definition has to go up.
You can keep doing your thing, but that doesn't invalidate people who just want to save in Monero against a depreciating dollar. You might as well be calling pmg moonfags for not holding a bake sale for gold bars.
Damn parasites are everywhere!!
>>60647224The comfiest hold. I don't think I've seen a more bullish chart pattern in my life
>>60651468Don't you just love forever removing XMR out of circulation with no intention of spending it any time before it hits $10,000 United States Federal Reserve Notes?
>>60650456>>So you make a thread on /biz/, KNOWING this board is filled with people wanting to make money. You’re the people using the attraction of monetary gain as a way of artificially keeping your stupid veiled agorism ideology network state threads alive.Get a load of this fucking dimwit. Agorism is literally all about making money, asshole, making a lot of it and not paying a single cent in taxes. Just because you're too stupid and/or lazy to make money by selling goods and services doesn't mean the rest of us are.
>And you have the audacity to call the people who actually have ON TOPIC POSTS “grifters”We aim to make money by starting a business and selling goods and services for xmr. Or by assisting the growth of the counter-economy in other ways since economic growth also pumps the price.
You aim to make money by buying low, duping greater fools into buying your bags and selling high, just like all the crypto scammers on youtube and twitter. Fucking scheming grifter
>Fuck you. I am committed to ruining your off topic threads. Your agorism posting days are over.Opposing agorism means opposing the Monero counter-economy. You are an enemy of this noble endeavor, an opportunistic parasite and everybody here can see it. I don't care what you do but you will continue to get called out on your scheming grifting ways.
God, I hate moonfags.
>>60651594>Agorism, agorism, Bing Bing wahooo! AgorismJust say free market you smarmy, straw manning cunt. Except you don't like free markets because you're trying to gatekeep what is or isn't legitimate economic activity
>>60651686>Just say free market you smarmy, straw manning cunt. Except you don't like free markets because you're trying to gatekeep what is or isn't legitimate economic activityMaybe look up the definition of economic activity before implying your glorified pokemon card trading is as legitimate as actual commerce
>An economic activity takes place when resources such as capital goods, labour, manufacturing techniques or intermediary products are combined to produce specific goods or services. Thus, an economic activity is characterised by an input of resources, a production process and an output of products (goods or services).Lazy niggers be lazy. Get a job, you indolent grifter.
>>60651839You don’t know shit about the people you’re criticizing because you shut out anyone who doesn’t toe the party line of agorism and being sexually attracted to Disney dolls like your idol Konkin.
You don’t know what they think about privacy, politics or the economy. You don’t allow any conversation about price or anything else without shouting down everything as unworthy of Monero.
You are a gatekeeper and you will not succeed in preventing people from discovering the best form of money ever created.
Also you’re a fed.
>>60651839>legitimate as actual commerceForex is commerce you retarded CIA jew
>>60651903And for the record, pokemon card collecting is legitimate economic activity as well. Your meth addled fee-fees on the subject make no difference
>>60651870You rail against the Monero counter-economy. This aligns you with the interests of the state and makes you a confirmed enemy. Fuck off and kill yourself, grifter.
>>60651903>>60651925Pokémon card trading is clearly all you are capable of. How sad.
>>60652053We aren't railing against the buying and selling of goods with Monero, that's a good thing. The issue is with you trying to divorce Monero, a money, from finance.
Do you tell gold bugs to kill themselves because governments also accumulate gold?
>>60652091And strawmanning and inverting basic economics is all you're capable of.
>>60646754All of this is true and I agree with you but none of this guarantees a huge upswing. If you want to do stuff that pushes the odds of that triple top being broken and staying broken:
-Buy and hold yourself
-make normie-friendly guides on how to obtain monero
-Make normie-friendly guides on how to be a market maker/liquidity provider on retoswap without getting their bank account closed
-convince bitcoiners to stop fucking around with fedimints and lightning nodes and submarine swaps to try and get around their shitty L1 and just sell for monero when they want to spend their gains TAX FREE. The narrative of "save Bitcoin spend monero" is already there.
-While you're at it get them to sell their coins on retoswap too
-shill merchants that accept monero
-run game on these Etsy moms and get them to post their stuff on xmrbazaar. Write guides on how to safely swap their scary cartel coins for fiat
-Once FCMP is finished, bully exchanges into posting their incoming/outgoing view keys of their monero wallets. Start a monerun on any exchange that doesn't
-Etc
Don't
-Scream into the void in hopes that people who are not concerned with the price will suddenly be concerned with the price
If you're going to moonfag, fine, but don't only moonfag.
>>60640197wrote another one of these. gonna post it each thread. fuck the OP
***ADDITIONAL DISCLAIMER***
The creator of this thread has been credibly accused of being a federal agent, unironically. He actively pushes all potential holders of Monero away unless they agree with only using XMR in bartering scenarios. He will use straw manning tactics against anyone who advocates for saving their wealth in XMR. Anyone suggesting that Monero can preserve and hide their wealth will be called a "grifter", "moonfag", or any of several other slurs intended to end the conversation.
These tactics support the state apparatus directly by denying Monero the notoriety it deserves. Widespread use of Monero, especially through wealth preservation, starves the state of key financial information and tax farming. Pretending there is only one "legitimate" use of Monero (bake sales at Porcfest) while shunning any other uses foments fake division, a favorite strategy of the intelligence community.
Remember that many authors (W.R. Mogg, The Sovereign Individual) predict that states will get increasingly "nasty" as private currencies threaten their power of surveillance. This author has strategically installed himself as the self-appointed "leader" of Monero on this board, but has no such authority to tell you how to use the best currency ever invented.
>>60645782>moonboys view this prioritization of the monero economy as an obstacle to a more timely NgU and are now actively trying to speed things along by astroturfing a hodl cultureFucking nailed it. Their priority is getting their bags pumped ASAP even if that means inviting the kind of manic speculation that results in endless pump & dump cycles, which is really bad for business. Basically, they're willing to inflict harm upon the Monero economy if it means they get paid sooner rather than later.
Growing the economy boosts demand and locks up evermore XMR for circulation, dumbasses, we can literally have it both ways if we're willing to work hard and be patient.
>>60645782>Also, this sudden spike in moonboy agitation seems somewhat organized rather than organic. These generals are typically quite chill and comfy, slower moving but devoid of typical cryptobro retardation so this sudden shift in tone is pretty jarring. Judging by the ringleader's talking points and penchant for making absurd price predictions I'm about 75% certain this is Mavrick and/or his twitter crew we're dealing with here. Those guys have been shitting up my feed for a while now with virtually identical sentiments, you'll know it when you see it.Yeah, you're right. It's totally Messiah Mav and his merry band of Twitter faggots lol. Now we get to clown on him directly, wonderful!
10Ksoon
md5: b40ca8b636f5f321026d994638b20e66
🔍
>>60646754>Friendly reminders:>>Monero’s all time chart is loudly broadcasting a massive explosion to the multiple thousands of dollars very soon>>This will attract thousands of more people to look at the coin and many will realize its superiority to Bitcoin>>This new attention and the new financial protection are both very good for the project >>I will talk about it on these threads every single time>>I will post the OP Disclaimer every single thread>>I will call the OP a fed every single time he tries to stifle the growth of the Monero financial network THROUGH the mechanism of price>And there isn’t a single god damn thing any so called “OG” can do about itlol well, we could remind everybody about your delusional price predictions when they inevitably fail to materialize, my dear Mavrick.
Soon, you say? What's that, like next month? EOY?
>>60650257>The fuck is wrong with you people.>>60650280>You people are fucking crazyMonero is a terrible investment, brah.
file
md5: e512d528d2a22deea64d35222d8858c1
🔍
>>60650296>Yeah man. BTC isn’t going up at all. In fact, if a BTC user clicks “sell” on the Coinbase app they just Rick roll them!!! hahah LOL>
>The money isn’t even real they’re not allowed to sell for more than they bought!!! Bull run is fakelol trying hanging out on the Coinbase subreddit, they keep delaying larger withdrawals due to lack of fund$. The clown market really is that illiquid because it really is all a scam! Thanks Tether!
>>60652413>GAY REACT IMAGE ALERT GAY REACT IMAGE ALERT LOOK MR CIA BOSS MAN WHENEVER THE GOYIM START TO FIGURE OUT WHAT IM UP TO THEN ITS TIME FOR ANOTHER GAY REACT IMAGE
>>60652413You are a fed. The disclaimer
>>60652378 proves it.
>>60651533>Don't you just love forever removing XMR out of circulation with no intention of spending it any time before it hits $10,000 United States Federal Reserve Notes?Hey Mav, this is literally you now, brah! :D
>>60652469>GAY REACT IMAGE ALERT GAY REACT IMAGE ALERT I DID IT AGAIN MR FINKELSTEIN IM PULLING OVERTIME PLEASE LET ME SUCK YOUR DICK FOR THE GLORY OF THE CIA
>>60652515>GAY REACT IMAGE ALERT GAY REACT IMAGE ALERT IF I SHOW THE CIA MY LOYALTY MAYBE MR FINKELSTEIN WILL LET ME IMPORT INFINITY NIGGERS TO ANOTHER WHITE NATION SO I CAN BE THEIR FLUFFER
>>60652517>>60628825This manufactured slap fight between Monero and Bitcoin is another reason why you're a fed. What's more harmful to the feds, people on both sides working together, or Bitcoiners and Monero guys at each other's throat over some of the most tired fud out there?
We need a moonfag holocaust asap, starting to get sick of these niggers shitting up my comfy generals.,
>>60652563Hitler didn't do coalitions because there is no point if it means compromising on core values.
>>60652572It’s okay man just bake some more cookies at Porcfest and raise ONE HUNDRED DOLLARS next year!!!!
Next stop total world takeover right on!
>>60652621>It’s okay man just bake some more cookies at Porcfest and raise ONE HUNDRED DOLLARS next year!!!!>
>Next stop total world takeover right on!Note how the lazy moonfag mocks the productive efforts of hard working Monero Extremists.
Meanwhile, all he does is spam retarded price predictions on social media to sucker in more rubes. We are truly not the same.
>>60652615>Bitcoin in a sentence: the government should be able to steal my wealth through asset seizure or inflation Monero in a sentence: the government shouldn't even be able to see my wealth
Both sides are 99% in agreement but constant shit flinging over the last 1% gives kikes an advantage over both sides. Imagine how much more progress there would have been on atomic swaps if both sides were collaborative, rather than having slap fights all the time. Atomic swaps with a lot of liquidity providers is one of many things that doesn't require compromising your ideals and would have gone better if we were on the same team
>>60652675Maybe if you weren’t pushing the bake sale as the only legitimate use of Monero and mocking all others (grifter, moonfag, etc) you wouldn’t get this type of reaction.
Did you even notice he called for a “moonfag holocaust” the previous post?
The moonfags that, dare I say, WTCINM are cool.
Seems to be repegging the stablecoin point at above $300. Interdasting.
>>60652743>Maybe if you weren’t pushing the bake sale as the only legitimate use of Monero and mocking all others (grifter, moonfag, etc) you wouldn’t get this type of reaction.Nobody is telling you to stop hoarding XMR. If you insist on being a lazy faggot that can't or won't start a business, entice merchants, shill or otherwise help grow the counter-economy then keep hoarding but STFU and get out of the way.
I'm fairly certain Monero will hit 5 figures eventually but exit liquidity is a whole other matter. If it depends primarily on attracting evermore speculators, that is, greater fools (your retarded plan) then most investors will never be able to realize their gains because the math simply doesn't allow it. Not to mention normies are pretty much blackpilled on crypto speculation at this point, everybody but delusional baggies realizes its largely a ponzi-like wealth transfer scheme, especially now after the widely publicized Trumpcoin fiasco.
However, if you dimwits stop and think long enough to realize that exit liquidity provided by increasing numbers of non-investors (shoppers, paying customers) is dependable, sustainable and sufficient for ALL of us to realize our gains in full (assuming our overall number remains low), you might finally stop shooting yourselves in the fucking foot. Everybody can win. Except the State and IRS.
The point of the "Terrible Investment" meme is obvious to everybody that can read between the lines and is capable of delayed gratification. Or if you need me to spell it out for you:
>every additional investor is yet another competitor for a limited amount of exit liquidity. The fewer there are, the more you can take out. And vice versa.So ya wanna keep being a lazy, do-nothing parasite but still get rich just by holding XMR? Shill the economy rather than the coin and be patient.
>>60653498>Nobody is telling you to stop hoarding XMR. Now you’re gaslighting after doing exactly that. You’re not beating the fed allegations
>>60653525>Now you’re gaslighting after doing exactly that. You’re not beating the fed allegationsI meant you specifically, dumbass.
>>60652701The average bitcoiner was excited about the ETFs because they thought institutions would buy their bags and that it would pump the price. Most don't even pull out their Bitcoin to a wallet and keep it all on a CEX. What's the point of cooperating with people like that?
>>60653550Money has 4 properties, a medium of exchange, a unit of account, a store of value, and a standard of deferred payment (debts are denominated in that money). Saylor, who represents the financialization of Bitcoin you're referring to, is working primarily on the 4th property.
If Monero is to be successful as money, it'll be financialized, the same way gold was, the same way Bitcoin has been. If you win, rich people and bankers and politicians will join your team. If you think you're right then it's something you have to prepare for. It won't stop at a medieval level economy.
>>60653550Imagine getting your bags pumped by global terrorism and organized crime. It should be illegal to feel this comfy.
>>60653550And I'm not telling you to suck their dicks. They're not going to change their minds, you don't have to change yours, but you can be nice to them, find common ground to agree on, in order to get them excited and contribute to mutually beneficial technologies you both use, like atomic swaps, or even non financial things both groups use like Nostr, which became dominated by Bitcoiners to the point where it added lightning as part of the protocol but not really Monero
>>60653722Imagine getting your bags pumped by everyone in the world who values privacy (basically everyone)
it's over. the coin has fallen.
>>60653722we urgently need to instigate isis 2 in syria or something to pump our bags.
>>60653754>it's over. the coin has fallen.Verily 'twas a noble effort.
>>60653498Looked it up, very promising.
>The global shadow economy is estimated to be 11.8% of the total global GDP, which equates to approximately $12.5 trillion. This unregistered economic activity encompasses various forms, from unreported transactions to criminal activities.
>>60653801>>The global shadow economy is estimated to be 11.8% of the total global GDP, which equates to approximately $12.5 trillion. This unregistered economic activity encompasses various forms, from unreported transactions to criminal activities.Yep. And even just 10% of that demand would constitute a Mars mission. Now its just a matter of establishing XMR as the reserve digital currency of the global shadow economy. The conquest of the darknet is a critical first step since other criminals are likely to follow their lead when it comes to doing business online.
>>60653854Lol, you guys are such dweebs it's actually kind of endearing. It's like I'm intruding on someone's DnD session
>>60653754>we urgently need to instigate isis 2 in syria or something to pump our bagsSignificant tensions have been rising between Iran and Afghanistan over refugees being booted out of the country. Stay tuned!
FCMP
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This chart makes Z-fags suicidal.
>>60653954What makes XMR holders suicidal?
XMR/BTC (1 year) basically break even now
XMR/BTC (5 year) -61%
XMR/BTC (all time) -82%
>>60652105No, but you did point out a big difference between the two: governments, hedge funds, and the like are NOT accumulating Monero and putting it on their balance sheets, even though some black markets will take gold and some countries use gold as a legit currency. At this current time there's no scenario that supports the idea that they'll suddenly start allowing Monero to be traded in tradfi tomorrow. That can change in the future, but it's a waste of time dreaming about Monero as a financial product until the governments around the world acknowledge it as a financial asset.
If you want to change that, cool. Go build a defi forex platform with Monero as it's main asset.
i bought $50 monero right in time for it to dump
oh well
i only need it for (stuff) anyway
>>60654066>i bought $50 monero>i only need it for (stuff) anywayHELL YEAH BROTHER!!!!!!!!!! Man what a perfect example of a Monero USER. I am so fucking hard over another person joining the Monero economy. Hope you acquire your (stuff) and never engage with the protocol again unless you need more (stuff) :)
>>60654087speak english autist
Best place to buy XMR in the UK with the lowest fees?
I usually buy XRP from Kraken then send it to Kucoin, swap it for USDT and then buy XMR.
Thinking about buying BTC from Kraken and sending it to TradeOgre and then swapping it for XMR, but I think the fees would be pretty much the same and it would just take longer.
>>60653498>every additional investor is yet another competitor for a limited amount of exit liquidity. The fewer there are, the more you can take out. And vice versa.This is unbelievably retarded. Exit liquidity is based on number of PEOPLE? Not the PRICE and AMOUNT you want to sell? What the fuck are you talking about
>>60654347Fuck these PEOPLE. This ASSET should have a fucking army of holders relentlessly shilling it. It should be 10x bigger than XRP schizos.
The fact that it isn’t there is a failing of all the major influencers behind this coin, including and especially the Faggot Fed OP
>>60654007>What makes XMR holders suicidal?>
>XMR/BTC (1 year) basically break even now>XMR/BTC (5 year) -61%>XMR/BTC (all time) -82%Only if they haven't taken the Clown Market Blackpill.
Then it starts being entertaining.
>>60654343Maybe swapping the XRP to XMR with FixedFloat (ff.io) will be cheaper.
XRP -> XMR
Alternatives to FixedFloat can be found with Trocador or OrangeFren or kycnot.me.
Actually TradeOgre accepts XRP.
XRP -> USDT -> XMR
Better yet, buy USDT (Tron/TRC-20) then you can deposit it to TradeOgre and directly buy XMR with it:
USDT -> XMR
Access TradeOgre (or FF) over Tor and/or VPN and you're golden. You can register a TradeOgre account with cock.li email which I believe you can also register over Tor too. Zero obvious traces.
>>60654343Do a Lighting withdrawal from Kraken to fixedfloat to get Monero. Zero fees if you use lighting to withdraw last I checked
>>60654370>Exit liquidity is based on number of PEOPLE? Not the PRICE and AMOUNT you want to sell? What the fuck are you talking aboutThe market price is one thing. The available number of cash-holding buyers who are willing to purchase your coins at your asking price is another. In a highly manipulated market like this one, the two fall out of sync.
As demonstrated here
>>60652446 the current crypto market is much more illiquid than it appears to be due to Tether's unbacked printing shenanigans. The exchanges can't redeem all their USDT because there simply isn't enough real USD available to cash larger withdrawals out in a timely fashion. Meanwhile an unregulated, unaudited Tether just keeps on printing, 6 billion USDT in just the past month alone.
Y'all dumbass "investors" fell for all the bullshit marketing narratives and now you're going to find out that you were actually gambling the entire time.
>>60654604So what is the ultimate fate of the market? I keep hearing bad things about tether everywhere and it's starting to freak me out. I'm currently in profit but perhaps it's finally time to get out completely.
>>60630036salt and savoury...
>>60654720>So what is the ultimate fate of the market?Extinction-level Pink Wojak event. Something truly seismic will happen that will finally make even the most deluded baggies realize that the warnings signs were right but by then it'll be too late. Cue the panic selling and roping.
The sole exception being XMR if most of the demand is still coming from outside the clown market. It'll take a hit as well but should recover since it will be business as usual in the counter-economy.
>I keep hearing bad things about tether everywhere and it's starting to freak me out.Because its almost certainly all true. They could clear all doubts up with a single thorough audit yet they choose not to. Plus they've already been caught lying about their reserves before so we know they're capable and willing to deceive.
>I'm currently in profit but perhaps it's finally time to get out completely.lol my advice would be to GTFO yesterday, this demented house of cards simply cannot stand for much longer.
>>60654413Cool who's gonna provide the liquidity so we can cash out after the moonshot? Coincards? Cakepay? Coinloan.io? Moneymetals?
>>60654720If you assume that tether/Usdc is backed by the US government, then historically speaking they'll print enough for their allies and every coin that doesn't play nice won't get to access stablecoin liquidity (unless of course some savvy criminals figure out stablecoin-Monero atomic swaps :-D)
>>60654835They just passed the GENIUS act and gave the green light to let all the typical manipulators (JP Morgan, all the banks) take the place of tether.
So maybe tether dies but you have extremely advanced manipulators ready to take its place with way more money than Tether.
So again, what the fuck are you talking about?
You want to know what’s lazy? Expecting some apocalyptic cataclysm to put XMR at the top of the chart instead of getting out there recruiting your own XMR Schizos to relentlessly shill the coin.
>>60654835Thank God, need one more bear market before i feel like I've acoomulated enough in bitshit to cash out and sell it p2p
For xmr or cash only of course
>>60654453>>60654561I'd never heard of FixedFloat until now and the fees look very reasonable. Thank you.
xmrflag2
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>>60639418Why not call it the moonfag general? That's a perfectly good title.
>>60655633It implies this thread is the real “general” and “Moonfags” are an off-shoot. If anything it’s the other way around
>>60655701Moonfags are an invasive species that needs to be exterminated. I didn't really care before but after reading through this thread I'm all for sending you self serving kikes to the ovens.
>>60655756>kikeYou’re the one supporting losing wealth continually as other coins destroy their XMR comparison charts
>>60655809>It's still real to me, dammit!
>>60655701You're the one giving it power. It's a general Monero thread on the /biz/ board on 4chan. It's not the first or last place Monero is discussed.
If you're too serious to embrace "moonfag" then your thread probably won't be much more fun than this one anyway.
Why is a coin that is used to buy things expected to moon? I like xmr because it's a currency not an investment
>>60656041>Why is a coin that is used to buy things expected to moon?what does "expected to moon" even mean?
listen this is not rocket science
monero is a fucking great currency, it's the best fucking currency out there™ by McAfee
when I stumbled upon it in 2018 it was a revelation
>holy shit this currency is GREATi knew i was early
if you live in the real world you know it's still early
it's not that i "expected it to moon"
but i for sure knew that if more people knew about it, then it would increase in price because they would also recognize monero is a fucking great currency
now maybe at the time i wanted to buy stuff with monero, and needed only a couple
i still bought a couple hundreds
not because i needed to buy something immediately with it
but i suspected... unless there's a catastrophic bug... sooner or later... people will understand how great this currency is
and it will increase in value
that's all
moonboyismfaggotrismjewishbehaviorsocipathictranny for you
just a fucking reasonable take
although it seems it's a sin to think like that
to have a brain and use it
lol
sorry
>>60655464or something like that
>>60656041More people want to buy things anonymously
More people swap their xyz-coins for xmr to buy things
Demand pull inflation
The reason it doesn't pump all the time in this fashion is because that second step is really hard to do for your average person.
Ahem...
IF ONLY THERE WERE A BUNCH OF HIGHLY MOTIVATED MOONFAGS WHO WOULD HELP CREATE SOLUTIONS TO THIS GLARINGLY OBVIOUS PROBLEM INSTEAD OF CRYING ON 4CHAN FOR A WEEK STRAIGHT.
IF ONLY THEY'D GO BACK TO THEIR XITTER SPACE AND BRAINSTORM IDEAS ON HOW TO PUT THE WORD OUT THAT ITS SO MUCH EASIER IT IS TO BUY XMR NOWADAYS THANKS TO LIGHTNING WALLETS LIKE STRIKE OR EVEN FUCKING CASHAPP.
OH WOE IS ME.
hide2
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>>60656871it's just people not knowing. they don't know how once you have any crypto, it's a breeze to swap through ff.io and whatnot to monero. it's weird because even the 50 iq pajeets have no problem using "D"EX to swap to their scamcoins. it's same exact thing. arguably even easier. so it's something crypto normies can do, they just don't have the understanding you can move around money like that. i do it all the time.
>>60640153sounds like boomer tier slavery
>>60654835You've been moving the goalposts on this for years. Tether was supposed to implode years ago, Bitcoin was supposed to never hit 100k, and now the US government has a path towards state run stable coins. All the US dollar liquidity isn't going to evaporate when stable coins are being directly tied to the money printer. Worst case scenario for tether is they get acquired by the feds and become an official wing of the US government instead of just an informal one.
Also, what successful business model was built off an asteroid hitting all your competition?
>>60655980>If you're too serious to embrace "moonfagI'll make a Monero moonfag general if you guys rename these threads to "Monero dipshit zone, no finance allowed" Don't take it too seriously
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>>60657655lol you can always trust Bitfags to go to bat for Tether. Stablecoin regulation and oversight is scary for BTC because it is precisely the LACK of regulation and oversight that has allowed Tether to keep printing unbacked USDT all these years.
Stablecoin regulation and oversight = full accountability & proper auditing = any unbacked printing finally stops = no more fake & gay buying pressure for BTC = price adjusts accordingly
Or you can hope and pray that Circle or whatever regulated stablecoin issuer (Tether is not US-based) is going to be willing to keep burning billions in real USD to keep BTC stable/pumping, to literally be the buyer of last resort for no good reason.
In any case, Tether ends up being the loser with the passing of the GENIUS Act, pic related.
>>60657927Conveniently ignored my post talking about the GENIUS act before? Ok.
Anyway, you’re ignoring two very important things: (1) the very obvious endorsement of Bitcoin by the US government and (2) the fact that the GENIUS act gives major banks the seat that tether used to have.
You want to talk about money printing? JP Morgan and all the Fed-affiliated banks LITERALLY create money out of thin air as digits on a screen. They have an infinite amount of money, even more than tether could magically spin up.
You really believe that the government giving the steal sign to approved banks to pump their approved NFT collectible is BAD for the price of that coin? They are broadcasting that they’re sending BTC to infinity.
It’s a really bad look that you’re trying to tie Monero to a very specific and attenuated form of financial Armageddon. That’s something only a….fed would do
>>60658017>They have an infinite amount of money, even more than tether could magically spin up.And they're going to generously burn through it all just to keep BTC stable and pumping, right?
>They are broadcasting that they’re sending BTC to infinity.You should be dropping every cent you own into BTC then, huh? Generational wealth awaits YOU!
>It’s a really bad look that you’re trying to tie Monero to a very specific and attenuated form of financial Armageddon. Armageddon? The focus is on global shadow economy adoption, ya dingus, a market worth TRILLIONS with no permissions required.
>>60658106Do you know what “infinite” means? There is nothing to “burn through”. The Fed banks have, quite literally, a money printer.
>ya dingus Your schtick is really, really old. Tell the guys at Langley to get a young blood on this project.
>>60658131>Do you know what “infinite” means? There is nothing to “burn through”. The Fed banks have, quite literally, a money printer.lol think about what you're saying here.
>>60658131>Your schtick is really, really old. Tell the guys at Langley to get a young blood on this project.Here's some unsolicited old man advice for ya, kid: absent some fantastic stroke of luck, there really is no such thing as easy money in life. Any system promising effortless wealth, whether it’s a meme stock frenzy, a speculative crypto token or an MLM, inevitably conceals risk, labor or exploitation somewhere in the chain. Real value comes from creating, building or solving problems, by being PRODUCTIVE. When someone appears to be making easy money, it’s because they’ve shifted the difficulty or risk onto someone else or they’re just gambling and haven't lost yet.
TL;DR: you're not actually headed for generational wealth, you're moving in the opposite direction.
>>60658296>you're moving in the opposite direction>XMR/BTC (1 month) -8%Yeah I agree
as much as there is seething about bitcoin. the greater adoption of bitcoin will only further monero, because it's pretty fundamental: the more people get tied with crypto, the more will look for ways to make it private. bitcoin can even rise more than monero while that happens but it's still a positive for monero.
>>60658296i guess what's going to happen is what already happens but now with bitcoin in the mix: (((they))) are going drink straight from the dollar tap, make their gains, and the price will be paid by the rest of the world as inflation percentage.
haveno-reto is fucking dead
>>60658390yeah? it's called RetoSwap now
>>60658439how the experience there? i'm thinking of providing liquidity there maybe.
>the instigators are now glazing bitcoin
I'm now convinced that the current instigators is just one IQDELETE shitting up the thread again from different vpns. He only shows up when Monero is over $300.
Please go back to /pmg/. No one cares about congress pumping bitcoin. No one is going to use non-custodial fedimints or ecash or run their own lighting nodes for privacy when they can just swap for Monero.
>>60658296>unsolicited old man adviceOh great, no wonder you have infinite hubris and confidence in your retarded takes. Boomer lead poisoning transcends all logic
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>>60658513Young whippersnapper!
>>60658530>GAY REACT IMAGE ALERT GAY REACT IMAGE ALERT LOOK MR KIKLESTEIN IM EVEN WORKING ON THE WEEKEND TO KEEP THOSE FILTHY GOYIM AWAY FROM YOUR PROFITS
>>60658482The point of bringing up Bitcoin (“glazing” apparently) is to show the Porcfest boomers that their retardation is implicitly putting privacy advocates in a position where they are forced to lose wealth relative to Bitcoin simply by having Monero instead.
I strongly believe that privacy is the winning argument against bitcoin. Not agorism, privacy. And failing to advocate it well enough (even gatekeeping it) is harming Monero users and holders.
>>60645782ooh so monero is basically digital communism
>Porcfest
Weird vocabulary choices and repeating them ad nauseum is another thing he does. Then he tries to inject the idea that we'd all have sooo much more money to buy more X if we'd just hold bitcoin instead of X. I'm not sure why I didn't see this sooner.
To the newfags: If you want him to stop shitting up the thread, you can't engage with him at all. Seriously, just let him post 78 times a thread. He'll leave eventually, I promise.
don't care; didn't read. still using monero to buy my beloved LSD
>>60658561First of all, just because you still take the clown market seriously doesn't mean the rest of us do. I dont care what bitshit's price is since its all jewish tricks. Exit liquidity is more relevant than the price anyway.
Second, privacy in isolation means nothing. Monero helps you spend privately, while agorism provides the opportunity for spending. You clearly are just concern larping here, you want xmr to be mass hoarded rather than mass spent. Classic moonfag strategy.
Well fuck you, the monero economy comes first. We want there to be as many spending options as possible to both give us freedom of choice and to better pump xmr. You strawman like we're anti ngu when in reality we just prioritize organic growth. The fact that you're such an impatient niglet is your problem, not ours.
Now kindly fuck off and kill yourself, I'm so sick of reading your moonfaggy slop.
>>60658720lol saved for posterity.
>>60658720I for one welcome our new moonboi overlords
>>60658993lol this has been in the works for a while now, brah
>Tether's CEO, Paolo Ardoino, has openly stated their commitment to comply>will necessitate considerable adjustments in their reserve structure and audit practices>will take around three years>will introduce an institutional variant of USDT.So all they're doing here is *committing* to creating a US-friendly version of USDT, the OG non-compliant, unaudited Tether isn't going anywhere.
Printer still go BRRRRRRRRRRRRRRRRRRRRRRRR
>>60659030>the OG non-compliant, unaudited Tether isn't going anywhere.The GENIUS act will effectively outlaw it. Try reading things!
>>60659030>Printer still go BRRRRRAlso weren’t you literally just talking about how terrible the GENIUS act is for tether/BTC here
>>60657927 ? Can you even keep a consistent opinion?
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>>60659063>The GENIUS act will effectively outlaw it. Try reading things!Then there'd be no need for a US variant, silly lol.
>>60659083It is bad for Tether if they can't comply. Reminder that Tether was unable to comply with EU regulations and was subsequently shitcanned from the market.
All we have now is a "committment" and they have a history of committing to audits that never eventuated. They are proven liars, after all.
>>60659116>Then there'd be no need for a US variant, silly lol.You’re honestly retarded. Not going to bother.
Hope to see you in the new general! Your OP services are no longer needed.
>>60659116The EU are a bunch of queers who also "shitcanned" Monero. Deferring to their regulations is a self own
awesome
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>>60659137>Hope to see you in the new general! Your OP services are no longer needed.Nah, business as usual here. I'm glad a containment thread for moonfags finally exists, though. Enjoy!
>>60659202>containment thread for moonfagsIt's the general.
>>60659207>It's the general.The delusion is strong with this one.
Is there any place I can purchase residential proxies with Monero?
xmrg
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>>60659264tried proxysocks5 from their website but their cloudflare blocked me trying to pay... thanks..
NEW THREAD:
>>60659729NEW THREAD:
>>60659729NEW THREAD:
>>60659729NEW THREAD:
>>60659729NEW THREAD:
>>60659729NEW THREAD:
>>60659729
>>60658475Very good, uncomplicated and fast