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29333247 No.29333247 [Reply] [Original]

Welcome to the Monero General, dedicated to the discussion of the world's leading decentralized p2p privacy cryptocurrency!

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

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

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

OFFICIAL WEBSITE -https://web.getmonero.org

WHERE TO GET MONERO?

>KYC:
Binance
Kraken
Bitfinex

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

>Mining
https://archive.is/TWOah

HOW TO STORE MONERO?

>Desktop
Gui/Cli (recommended)
MyMonero
Exodus
Feather

>Mobile
IOS: Cakewallet
Android: Monerujo

>> No.29333388
File: 224 KB, 657x631, comfy.jpg [View same] [iqdb] [saucenao] [google]
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>> No.29333490

first for WHERE ARE THE MONEROCHAN LEWDS

>> No.29333694

>>29333490
[unidentified]

>> No.29333750

>>29333490
The OP is a nude, but you need the view key unfortunately.

>> No.29333943

Now languishing at #22, people preferring to put their money into a bitcoin variant with zero redeeming features and with a fraudster as its figurehead

>> No.29334001

>>29333943
Dont care. Didnt ask.

>> No.29334039

>>29332830
All in XMR here (well, 99%, the other 1 being NANO). Call me crazy. I believe that the moons we've seen with other coins are going to be considered small compared to when Monero gets it's time. I'm not talking a measly 10x, I'm talking 100-1000x. It will be the moon to end all moons. I am not in crypto to make small profits, I am in crypto to retire early and be wealthy beyond my wildest imagination. This is why I hold monero. When it's time comes, it will be downright disgusting.

>> No.29334133

LEARN THE CLI FEGITS

>> No.29334152

I see that nearly 10 years later, the best play is still to ape into BTC and ride it to the top then sell and buy into altcoin cheapies on the dip.

>> No.29334256

>>29334001
You should care. Think people are going to give a fuck about XMR when it's at #150?
The fucking joke that is PIVX and those pirate fags are already trying to get into XMR's space. They have better marketing and understand that price absolutely does matter.
The slide down is IMO the biggest long term threat to XMR. It can have the best tech in the world but if the price is shitty enough nobody will care enough to even look into it.

>> No.29334289

>>29333865
Why? I could see that it keeps out the hype moonboys so that the community continues to develop without influence from those types.

>> No.29334350

>>29334039
Orangepilled chad

>> No.29334410
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29334410

Ratio is still following the bitcoin bottom in 2018/2019 to the T.

>> No.29334446

>>29334256
Why come into this thread and talk shit? Doubtful that any of use here are stupid enough to all in monero.
I put my secured gains into monero so I dont have to worry about declaring that shit to the taxman. I could put my 'secured gains' (emphasis on fucking secured) into uniswap shit instead wouldnt that be a good idea?

>> No.29334462

>>29334256
>The fucking joke that is PIVX and those pirate fags are already trying to get into XMR's space
who cares about those shitcoins? Their moonboy shills larp as privacy advocates.
name me a single darknet vendor that accepts those shitcoins

>> No.29334545

>>29334039
This is what I am hoping for as well. I can live nicely off my salary.
That's not why I'm in crypto though. I'm in crypto to fucking retire in the 35-40 range. I dont want a nicer car a decade down the fucking line. I didn't buy XMR to get blow off the darknet either.
>>29334289
These "dont market monero" types are suicidal and need to be purged.

>> No.29334610

>>29334410
Double bottom was the sign, 800k sats soon.

>> No.29334620
File: 84 KB, 1064x442, monero-2-strong.png [View same] [iqdb] [saucenao] [google]
29334620

>>29334256
>The fucking joke that is PIVX and those pirate fags are already trying to get into XMR's space. They have better marketing and understand that price absolutely does matter.

Marketing and hype don't mean shit to the darknet community, their freedom is literally on the line so they NEED to get it right. And Monero is still the only coin that gets the Darknet Seal of Approval, which is a HUGE selling point no other coin can flaunt.

>> No.29334693

>>29334545
Go play with your uniswap tokens. No one fucking cares.

>> No.29334794

I've been mining monero, what's the proper route for handling taxes in the US?

>> No.29334834

>>29334039
I'm not 100% but it is way more than half for me. Actually in the process of rebalancing and cleaning up things that I kept around from last cycle so it will be more. I have a good amount of my net worth in Monero and I use it as a currency and support the network. I feel the same way as you and agree but I also try to be careful of getting too blinded by my own enthusiasm. Is there something that we are missing? I think the marketing or having an evangelist is very important but whats amazing is that Monero really speaks for itself with how it's being used. It still may be important in the future that it does get marketed properly so that a wider audience begins to understand... Right? Or will illegal markets and hiding assets make it ride out and live long?

>> No.29334841

>>29334462
>>29334620
>>29334693
And we can see right here, the cancer that has been dragging XMR down.
"Who cares about adoption, our darknet pals use it!"
"Who cares about price? About hype?"
Literally all of us do. Literally all of us except these wierdos understand that hype and marketing and price and not being associated with druggies helps the goddamn price.

>> No.29334855
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29334855

>>29334794
dont lol

>> No.29335026

>>29334834
I think about these things every day. Am I blind, or is everyone else just ignorant and / or too low IQ to understand the implications of anonymous digital cash?

>> No.29335068

>>29334834
>having an evangelist
John McAfee was Monero's evangelist, before he was captured.

>> No.29335083

>>29334410
I kind of hope it doesn't pump too soon. I want to DCA some more this year. Fuck it to be honest Crypto and specifically XMR is my only chance at making it in life so I will indefintiely be putting every paycheque in. I have no other option. Savings literally dwindle away into nothing over time. XMR has the biggest steady growth potential imo. I MAY consider selling some for a house one day but otherwise this is my only freedom ticket out of wageslaving for eternity.

>> No.29335140

>>29334841
You are making strawman arguments.
No one is against adoption.
No one is against price increase.
People are against shilling it like some .finance shitcoin.
If you invested too much into monero and are getting fomo from other coins that is your problem mate, not ours, so stop shitting up the thread.

>> No.29335165
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29335165

>>29335026
that's what being early feels like anon

>> No.29335203

>>29335083
>I kind of hope it doesn't pump too soon.
I've got half of the Monero stack I want. Just a little more time......

>> No.29335228

>>29335083
I'm on the exact same page as you friend. Is 100% XMR stupid? maybe. Is it my only option so I don't have to wageslave for the next 50 years? yes. I'd rather have a chance at a good life and go down in flames than accept I'll never have one.

>> No.29335229

>>29335140
>No one is against price increase.
Literally half the posts in these threads are from people literally hoping the price goes down, lol. Pull your head out of your ass.

>> No.29335232
File: 1.12 MB, 300x300, havensky.gif [View same] [iqdb] [saucenao] [google]
29335232

shilling XHV in your XMR thread again lol

>> No.29335299

>>29335165
i think you're right. i hope so.

>> No.29335321

>>29335232
no one gives a fuck about your shitcoins faggots

>> No.29335398

>>29334289
because it needs to spread within the crypto community first. once it goes viral, fiat onramps are DOA.

>> No.29335451

I downloaded the GUI wallet, do I use my #0 Primary Account wallet address mainly or is it best practice to create a new Account wallet address?
What are the implications of just using one Account wallet address?
I read while mining you should use a different Account wallet address for just that.

>> No.29335458
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29335458

>>29334841
>WE NEED MARKETING
>XMR TO THE MOOOON
>WE NEED MONERO DAPPS
>WE NEED MONERO STAKING
>WE NEED SWAPS
>AGHHHHHHHHHGHHH AHAHHAHAHA
>

>> No.29335473

>>29334855
That's the thing, eventually I'll want to exit and how would I explain all that monero/cash from aale all of the sudden

>> No.29335489
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>> No.29335541

>>29335458
>we dont need anything except druggies and hoping rich people decide to start using drugcoin
u r dum

>> No.29335591

>>29335451
Accounts contain different addresses. So for account 1 you might have 10 addresses, account 2 you might have 20 addresses, etc. I would stick to using just 1 account at first but creating a new subaddress every time you receive monero.

>> No.29335612

>>29335299
The crypto space is full of amazing projects that got burried just because people didn't understand them in time. So I wouldn't recommend putting all your eggs in one basket since you never know what can happen, but monero is definitely one of the safest bets you can make. It will stay because of the Lindy effect and because it is gaining more and more real-life use.

>> No.29335673

>>29335451
also all these account wallets are linked with their balances? Or if I use one account wallet to recieve xmr can I send it from another?

>> No.29335683

>>29335229
People always want cheaper coins. They want cheaper short term for more profit long term.
Would you like monero to see a doge tier pnd that kills all momentum for 6 months?

>> No.29335744

>>29335683
>that kills all momentum for 6 months?
That literally doesn't happen.

>> No.29335819

>>29334841
I don't care about hype. I don't give a shit about the price as long as it maintains some reasonable level of buying power relative to the price of goods and services in my area. I'm not a monero maxi but I am a privacy coin maxi. I will continuously put my money into the coin with the truest vision of private digital cash, so if something better than monero comes out, I will jump ship. How do you people not understand this yet? I don't give a shit about the price. As long as monero can buy half as many big macs as it could in my average buy-in I'm going to be content. My goal with owning monero is liberation from an oppressive state, nothing more. No amount of whining from moonboy faggots will ever change that.

>> No.29335856

>>29335673
Accounts are separate. If you receive funds to an address in account 1, you can't send it alongside with funds from account 2. However, subaddresses in the same account are linked and can be used in the same transactions. For most people, you only need 1 account. But use multiple subaddresses within that account to avoid giving out the same address over and over again.

>> No.29336002

>>29335819
Because some of us understand that making a fuck ton of money is an infinitely better way of making positive changes for us and the people around us then holding to some retarded half-jewish set of libertarian ideals.

I'm not in this to stick it to the state for the glory of Murray Rothbard. I'm in it to liberate myself and my family, if not my immediate circle of friends, from having to kill themselves to keep pace with the bullshit surrounding us.

>> No.29336096

>>29336002
100% correct

>> No.29336414

>>29335228
No lol. It's the only crypto-currency without any flaws. Literally. It's the most authentic. Someone just posted a double bottom/btc so we could see it rise up pretty sharp this upcoming week. Regardless, just keep DCA'ing even if its 1 extra XMR per month because most people don't even know it is more scarce than Bitcoin. Check the supply.

>> No.29336422

>>29335856
Thanks. I created a new account to test and the address does not start with a 4, I thought all monero addresses start with a 4 or is that not relevant anymore?

>> No.29336619

>>29335541
>we dont need anything except druggies and hoping rich people decide to start using drugcoin
This, but unironically. The biggest thing monero has to gain from adoption is an increased anon set. If monero gets adoption among hardcore cypherpunks and black/grey hats of all types, nothing else matters. If monero acts as a tool for those who need it, it's a success. Everyone else who doesn't need or care about privacy isn't a concern. They can use surveillance coins like bitcoin or uniswap pump and dumps to get rich.

>> No.29336658

>>29336422
only your main address starts with a 4. all subaddresses start with 8. (however there is no functional difference between your main address and your subaddress)

>> No.29337068

>According to the writings ofValerius MaximusandFlorus, the king of the Teutones, Teutobod, was taken in irons after the Teutones were defeated by the Romans. Under the conditions of the surrender, three hundred married women were to be handed over to the victorious Romans asconcubinesandslaves. When thematronsof the Teutones heard of this stipulation, they begged the consul that they might instead be allowed to minister in the temples ofCeresandVenus. When their request was denied, the Teutonic women slew their own children. The next morning, all the women were found dead in each other's arms, having strangled each other during the night. Their joint martyrdom passed into Roman legends ofTeutonic fury.

>> No.29338031

The only thing putting me off XMR is that I want to use it as a currency but in my country I can't even receive a car payment in XMR and declare as I gave my car to the other person.

>> No.29338083

>>29333490
i could color another one.

>> No.29338096

>>29335473
You found your unexplained huge XMR bags at the bottom of a lake.

>> No.29338226
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29338226

It already feels like I’ve made it.

>> No.29338255

>>29334841
>literally all of us do
>talking to people who does not

Yeah, right.

>> No.29338554

>>29336002
XMR is a long hold, but you should sell and go tinker with pump and dumps because you sound like a faggot, a real white knight that suffers from major delusions of grandeur. What are you waiting for? Dump your stack and go save your family faggot!

>> No.29339081

I just installed the GUI wallet about 3 days ago. So far it's only downloaded a little over 60GB of the blockchain and is barely crawling. Often when I look at it, it has 0 connected peers on the IN connection. Is this normal?

>> No.29339157

>>29339081
You can use a remote node or run the daemon directly in the cli

>> No.29339172

>>29339081
are you using an hdd to sync the blockchain? An ssd is much better. Or just use a remote node.

>> No.29339352

>>29334834
> Is there something that we are missing?
a lot of the people shilling crypto outright avoid talking about monero. for example, molyneux has had 4-5 crypto roundtables and many other videos discussing crypto. he has avoided talked ng about monero like the plague. i have NO IDEA why. he admits the limitations of privacy in bitcoin and etc. some of his retard guests mention scams lime zcash and whatever. but there is NO MENTION AT ALL of monero.

i am starting to think that a lot of people are trying to discretely accumulate xmr but don't want to announce it because they want cheapies and because they don't want to mention it to maintain plausible deniability for tax evasion.

please don't reply to me with shitting on molymeme, i disagree with about half of what he says but he's better than most to listen to when you're driving or whatever. i generally dislike him.

>> No.29339513
File: 55 KB, 422x512, B1E76FDD-6DA0-4A6D-91FE-64D98108EB86.jpg [View same] [iqdb] [saucenao] [google]
29339513

What it feels like to hold Monero now

>> No.29339961

>>29339157
I may give up and go with a remote node. I was wanting the additional safety guarantees and help to the network that a local node provides.

>>29339172
Yeah, it's on an HDD until I upgrade my PC. Eventually it'll be on a nvme. With how long it's taking, it seems way too slow for the HDD or network to be the issue

>> No.29340114

>>29339961
you can always connect to a remote node to send a transaction then revert back to downloading the blockchain.
Also if you have 0 peers that means you have to open port 18080 in your router settings

>> No.29340202
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29340202

>>29334841
The solution for marketing is simple - more Monero chan oc

>> No.29340254

>>29339352
I think this is right. Everyone is trying to hoard it before the rocket takes off. Noone still talk about it till after 1k per coin

>> No.29340572
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29340572

>>29334039
This is the exact same conclusion I reached too after doing an extensive analysis on Monero. It will crab and dump for a while, but when it moons it will be unprecedented in crypto history.

The only ways XMR would crash, would be if:

1. Its security was cracked and it became traceable
2. A better alternative existed

Given the active community, these two are very unlikely to happen.

>> No.29340720
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29340720

>>29340202

>> No.29340808

>>29339961
You can also download the bootstrap blockchain from getmonero.org then sync the rest of the blocks

>> No.29340893
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>> No.29341051

>>29340114
I'll double check to make sure that's not the issue. I'm thinking it's not since I've already downloaded a portion of the chain - so I was connected at some point. And I sporadically see the size of blockchain increase. I haven't noticed pfsense specifically blocking anything either, but I'm wondering if some nodes may be on its block list

>> No.29341185

>>29339961
it's the hdd. This is a commonly reported issue.

>> No.29341224

>>29333247

MONERO HATERS:

The killer app for crypto has been buying drugs - from day 1. And monero does this the best buy a long shot right now with fully anonymous and untraceable transactions. Way more secure than bitcoin.

>> No.29341228

What would be considered a make it stack of monero? Some unknown number in the 3 digits, or 4 digits?

>> No.29341282

>>29339961
>HDD
HDDs take a very long time to sync. SSDs are significantly faster.

>> No.29341423

>>29335473
gambling winnings

>> No.29341666

Hey, I'm the idiot that couldn't get his xmr-stak working. Could someone pastebin me an example of a proper pool config?

>> No.29341715
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29341715

>>29341228
An [unknown amount]

>> No.29341771

>>29341228
an unknown amount in 2 digits is a sui stack since the inflation rate leaves it in the 2-digit-millions for decades. Thus 3 is a make it stack and 4 or higher makes you a whale in XMR.

>> No.29341824

>>29341666
use xmrig, it has replaced xmr-stak

>> No.29341841

https://www.wired.com/story/monero-privacy/
thoughts? old article but still might have merit

>> No.29341946

>>29341824
oh...

>> No.29342041

>>29341841
the problems outlined in that article have been long since fixed

>> No.29342227

>>29341841
the privacy features have long since been made beefier.

>> No.29342351
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>> No.29342665

>>29342227
is there proof of that ins some way?

>> No.29342711
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29342711

>>29333247
the private waifu is the most based. that is the true monerochan

>> No.29342985
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29342985

Monero threads have to be the most collected threads on /biz/. There's always so few FUDders and schizos.
Monerbros, what do you think is the future of ETH? Maybe it's the fud getting to me, but should I'm considering swapping out all of it for more XMR. I guess my question is whether ETH has reached it's top, and if it's time to jump ship?

>> No.29343041

Why are we bleeding? AAAAAAAAAAAAAAAAhhHHHHH

>> No.29343157

>>29342985
>There's always so few FUDders
I fud my own favorite coin because I want to buy cheap

>> No.29343543

>>29339352
I occasionally listen to him too and I thought he would be jumping with excitement about Monero give that he has been de-platformed and his revenue is based off donations. It would make sense that he would want to use Monero so it's hard to shut him down. Maybe people are literally unaware of Monero still? I have no idea other than fear of the stigma with drugs / criminals, or just wanting to accumulate more themself.

>> No.29343846

>>29341224

And yet

>>29333943

>> No.29345263
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29345263

posting in the xmr general is bad opsec

>> No.29345275

It’s fucking over isn’t it

>> No.29345637

>>29342665
imagine asking for proof for an open source project. Since the article, which says that the minimum is 4 mixins, it has since been changed to 10 mixins, mandatory. Triptych/Arcturus will increase that to hundreds of decoys.

>> No.29346083

>>29345275
yep
i'd sell it all now if i were you

>> No.29346498

>>29346083
Kek, dumped right in time for my paycheck

>> No.29347418

>>29346498
based and buy the dip pilled

>> No.29348662
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29348662

>>29342985
Anon, I'm going to be honest about what I think. Don't panic and keep buying.

It doesn't make sense to keep rotating your patrimony where you think will be the next jackpot. You'll only make exchanges and middlemen richer.

Keep buying and accumulating patrimony. The only thing that you should be worried are the fundamentals of your asset. Did Monero change? No. Do you still believe in its goals? If yes, keep buying.

>> No.29349314
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29349314