/XMR/ Monero General

[Anonymous No.25707489]

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 the proof of the transactions being possible by a Monero user willingly providing a view key for a specific transaction if needed.

Monero has also improved upon the scaling downsides of the current popular cryptos. To avoid high fees, dynamic block size ensures that the size of the blocks will increase as the amount of txs goes higher. Further, the mining network algorithm Random X 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 Monero Chad 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
NOTE: MYMONERO FOR ANDROID IS A SCAM. DO NOT DOWNLOAD ON GOOGLE PLAY.

>Cold Storage
https://archive.is/DEfsP

[Anonymous No.25707517]

>>25707489
THAT DIRTY BRUNETTE SLUT MONERO YOU.

[HEX HEX HEX HEX HEX HEX HEX HE(...) No.25707549]

Privacy is cool but you need to buy and stake HEX if you want to make it.

[Anonymous No.25707700]

It's over. I'm financially ruined

[Anonymous No.25707858]

Holy fuck am I happy! Love buying monero at a discount. Best of all it keeps the community clear of swingers.

[Anonymous No.25707876]

[Anonymous No.25707922]

>xmr thread

[Anonymous No.25707944]

>>25707489
>a new challenger approaches

[Anonymous No.25708005]

>>25707944
oh she's cute anon. I would definitely emphasize the monero logo a little more but I would love to see more!

[Anonymous No.25708378]

>>25707489
This is now a ZEC gen thread.

[Anonymous No.25708468]

>>25707489
Considering selling my 1 BTC for 260 XMR... seems like a good time to buy. Thoughts?

[Anonymous No.25708526]

>>25708468
all in is allways retarded. unless you have a second coin you believe in keep at least 10% btc

[Anonymous No.25708570]

>>25707944
love the subtle logo

[Anonymous No.25708606]

[Anonymous No.25708962]

>>25708378
It's impressive that you type so coherently with some guy's dick in each hand.

Quoth pimp c: "you can use my style, but you goan' pay me a fee" [of an unknown amount].

Newfrenz, note that this ZEC faggot thinks he can jack our mascot and thread starter, but it doesn't work because nobody on biz is enthusiastic about his literally 0.01% private coin.

[Anonymous No.25709014]

>>25708962
>this is your standard XMR holder
cringe. imagine being so emotionally upset over some imaginary currency.

[Anonymous No.25709151]

>>25708468
It looks good because it's stable. Going to be another year or 2 before we approach ath again especially after this delisting shit

[Anonymous No.25709191]

>>25709014
Is the anon who literally stole one of the xmr gen images and who is now posting in our general looking to troll seriously talking about obsession?
Kek at that projection.

[Anonymous No.25709192]

>>25708962
actually I re-read what you wrote and cringed even harder I had to do a rundown.
>It's impressive that you type so coherently with some guy's dick in each hand.
what kind of spergy autist has the thought of men's cocks to be the first thing you reply with?
>Quoth pimp c: "you can use my style, but you goan' pay me a fee" [of an unknown amount].
oh wow, quoting a dead negro and adding a cringe meme line to the end.
> Newfrenz
what language is this?
>ZEC faggot
more cope and projection.
> our mascot
lol is this a joke?
>literally 0.01% private coin.
literally. you. are. hilarious.

[Anonymous No.25709205]

>tfw too brainlet to use decentralized exchanges
is kraken going to sell me out to the irs bros

[Anonymous No.25709222]

XMR is the heir to the throne. read satoshi's whitepaper like it's the bible and think about what has happened to BTC over the past decade.

BTC is the god of the old testament. XMR is literally jesus christ here to redeem us from the surveillance state.

[Anonymous No.25709230]

>>25707700
When the wojaks are pinkest is when you BUY, BUY, BUY!

[Anonymous No.25709253]

>>25709014
nice extrapolation bro

post a xmr question and someone will reply within seconds
shitpost and after 15min some anon replys
try it on any other thread

[Anonymous No.25709261]

>>25709205
Probably if you keep it there. They have to meet FINCEN/Ofac regs, but if you're just speculating it's fine.

[Anonymous No.25709290]

Hourly reminder that Monero is poised to become the reserve cryptocurrency of the global shadow economy and is currently replacing BTC on the darknet while also making inroads into the cyber-crime and money laundering sectors.

>Bitcoin Will Never Be Truly Private Says Andreas Antonopoulos
https://cointelegraph.com/news/bitcoin-will-never-be-truly-private-says-andreas-antonopoulos

>Bitcoin is too hot for criminals. They're using Monero instead
https://money.cnn.com/2018/01/03/technology/bitcoin-popularity-criminals-monero/index.html

>Crooks opt for Monero as crypto of choice to launder ill-gotten gains
https://www.theregister.com/2018/03/16/cyber_crime_economics/

>Darknet Giant White House Market Drops Bitcoin, Supports Monero Payments Only
https://news.bitcoin.com/darknet-giant-white-house-market-drops-bitcoin-supports-monero-payments-only/

>Monero replaces Bitcoin for Sodinokibi Ransomware operators
https://www.cybersecurity-insiders.com/monero-replaces-bitcoin-for-sodinokibi-ransomware-operators/

>$7.5M in Monero Demanded in Alleged Cyber Attack on Argentinian Telecom Giant
https://www.financemagnates.com/cryptocurrency/news/7-5m-in-monero-demanded-in-alleged-cyber-attack-on-argentinian-telecom-giant/

>Criminals laundered $2.8 billion in 2019 using crypto exchanges, finds a new analysis
https://www.technologyreview.com/2020/01/16/130843/cryptocurrency-money-laundering-exchanges/

>Latin American crime cartels turn to cryptocurrencies for money laundering
https://www.reuters.com/article/mexico-bitcoin-insight-idUSKBN28I1KD

>Why untraceable cryptocurrencies are here to stay
https://www.cbs.dk/en/the-press/news/why-untraceable-cryptocurrencies-are-here-to-stay

Considering that the global shadow economy is valued in the trillions of dollars, if even just a portion of that ends up in Monero's marketcap that is still HUNDREDS of billions of dollars. 5 figure XMR is inevitable.

[Anonymous No.25709322]

>>25708378
https://twitter.com/zooko/status/863202798883577856?s=20

[Anonymous No.25709342]

>>25708468
You could probably squeeze a few more XMR out of it if you want to wait and see if it goes to 50k, but now is definitely the time to accumulate. Don’t expect it to take off day, week, or even month 1, though. XMR is the long play.

[Anonymous No.25709389]

>>25709261
so kraken -> xmr wallet #1 -> xmr wallet #2 is safe?

[Anonymous No.25709408]

>>25708468
We are due for a pump, and because of all the weak hands being flushed out it will likely be strong. Dca in the mean time.

[Anonymous No.25709438]

>>25709322
kek

>signal-2021-01-08-134304_001.jpg
based and comfy

[Anonymous No.25709444]

is xmr a stable coin now ?

[Anonymous No.25709452]

>>25709389
kraken > xmr wallet (now you are anonymous).

the irs is going to fuck you over the same way they would if you were withdrawing cash from the atm.

[Anonymous No.25709457]

>>25709389
"Safe" is relative, but I wouldn't move them close together. Make a third and space out the movements and amount if you're truly concerned.

[Anonymous No.25709506]

>>25709389
Once you send kraken to your own wallet you are safe

[Anonymous No.25709528]

>>25709457
must be actual differnet wallets though. the "account" feature is not enough

[Anonymous No.25709529]

>>25709444
Yes. Nice trips.

[Anonymous No.25709629]

>>25709444
imagine if Signal integrated a monero wallet like cake wallet or something. It's possible. Signal is open source and their popularity is shooting through the roof due to recent events. Another thing we need is streamers should start collecting their donations in monero. There's a huge targeting campaign going on to delist any "far right" people and also to track down their largest donors. Its only going to get worse from here. The normies have to be spoonfed this shit though, hence why we need promotion.

[Anonymous No.25709660]

If i were to theoretically sell $40k worth of theoretical medicinals and other volatile compounds of dubious legality on the proverbial dark web accepting only monero how would i explain it to the so called bank when i tried to cash out and how would i be any better protected than if i had allowed these metaphorical payments to be made using bitcoin

[Anonymous No.25709752]

>>25709660
if I was to do something similar in minecraft, I would tell said judge/irs agent that I mined it and was also gifted said monero many years ago when it was worth $0.50-0.60...

[Anonymous No.25709817]

>>25709629

https://github.com/hundehausen/tipxmr

[Anonymous No.25709823]

>>25709660
Move them to an exchange, cash out, and state your cost basis on your tax forms.

[Anonymous No.25709838]

>>25709629
God willing.

[Anonymous No.25709904]

>>25709629
>There's a huge targeting campaign going on to delist any "far right" people
not in for promoting your far right views

>There's a huge targeting campaign going on to delist any [...] people and also to track down [...]. Its only going to get worse from here.
But I'm in for this. Free speech is too importent to let politics get in the way.

>imagine if Signal integrated a monero wallet like cake wallet or something.
It'd be huge, especially because the one thing I'm missing in monero is attaching a short message with the payment. Don'T like that signal is tied to a phone number though, you can't get SIMs without an ID here

[Anonymous No.25710119]

>>25707922
Nice job anon, you got repeating numerals!
>always good to see you
c:

[Anonymous No.25710183]

>>25709817
>>25709838

I don't know if you guys are ever on /pol/ but there is this dlive streamer, nick fuentes. He collects donations in bitcoin. I happened to catch a few mins of his stream where he is basically asked "who is that guy that sent you a shit ton of bitcoin?" And he freaks out.

I would donate to him just to shill XMR but that would require me to doxx myself by sending BTC.

https://dlive.tv/p/dlive-93233454+FoAMbx-Mg

go to 02:39:49

[Anonymous No.25710223]

>>25708606
Usaa the post by that anon. Very interesting indeed

[Anonymous No.25710251]

>>25709904
I'm not far right, nor am I promoting their views. I'm just pointing out right wing influencers are being targeted and will need to do something or basically lose source of income. That is all.

[Anonymous No.25710317]

>>25709823
No idea how i'd spin it with no proof of ever purchasing monero or having held it for any time. Do vendors actually just keep all their assets in crypto or take out 500 at a at time or something

[Anonymous No.25710325]

>>25710251
fair enough, then I misunderstood you, sorry

[Anonymous No.25710416]

>>25710317
You bought a bag years ago but your computer was acting funny so you for scared and moved the funds to a new wallet.

[Anonymous No.25710690]

>>25709629
>>25709660
>>25709823
>>25710317
>>25710416
if I were in front of a kleros jury I would explain how I bought XMR irl using paper cash for $?? and am now realizing my capital gains ($????)

simple as

[Anonymous No.25710748]

>>25710690
You are correct sirs that will be 400k PNK

[Anonymous No.25710896]

>>25710690
>>25710748
PNK for the pump? Invest profits in XMR

[Anonymous No.25710929]

>>25710896
For advice and courtfees

[Anonymous No.25711076]

>>25710929
Of course, sir. I'm refering to speculative investment in Kleros to increase my Monero stack. Pardon my previous piss poor lack of syntax.

[Anonymous No.25711129]

>>25709904
Lol are you the Reddit nigger that left the telegram chat because we weren’t being “inclusive”?

[Anonymous No.25711209]

>>25710317
Wait until atomic swaps then cash out with btc

[Anonymous No.25711276]

>>25711129
don't give a shit about inclusivenes, not on reddit, matrix instead of telegram, and I'm certainly not leaving
get rekt

[Anonymous No.25711611]

>>25711276
Oh, we had an anon rage quit the telegram because he got offended. It was perplexing to say the least.

[Anonymous No.25711771]

>>25707944
>tfw no xmr guerrilla warfare qt

[Anonymous No.25712179]

>>25711209
ATOMIC SWAPS ARE PRICED IN

[Anonymous No.25712296]

Holy shit
Have state of the art gaming rig
Install mining software
0.153 USD per day is the approximate payout
Why is the difficulty so high with the coin value so low?
Are the devs crazy?

[Anonymous No.25712545]

>>25712296
What cpu are you using?

[Anonymous No.25712572]

>>25710690
“I mined it”

[Anonymous No.25712700]

>>25712179
atomic swaps cannot be priced in until atomic swaps are active

are people speculating on atomic swaps? yes

can people use atomic swaps to trade their dirty BTC for pristine XMR, thus driving up the demand and price for XMR? no

[Anonymous No.25712735]

>>25712545
Might've lied a tiny bit about state of the art-ness
AMD Ryzen 5 3600
also AMD Radeon RX 5700 XT
Both are enabled in the config
But I still expect more than projected 0.0011 XMR per day

[Anonymous No.25712783]

>>25712700
>dirty BTC

Daily reminder that Bitcoin's inherent infungibility has real-world consequences and that the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) maintains a list of tainted digital currency addresses.

Sauces:

https://www.coindesk.com/iranian-bitcoin-trader-on-us-sanctions-blacklist-says-hes-innocent

https://home.treasury.gov/news/press-releases/sm556

https://home.treasury.gov/policy-issues/financial-sanctions/faqs/646

[Anonymous No.25712903]

>>25712735
CPU + RAM matters, GPU not
You're up against people running 3950X's with specific overclocked low latency RAM sticks

If you're ok with tweaking your RAM you could get like 10-20% more, with specific RAM up to +40%

[Anonymous No.25713007]

>>25712903
Well clever me thought that joining a pool is more clever in case the hardware is not top notch
Didn't expect people to run optimized hardware in large quantities for non-mainstream coins

[Anonymous No.25713371]

>>25709660
you would be a retard to try to cash out that much drug money to fiat. you would need actual laundering service

[Anonymous No.25713864]

>>25713371
>you would be a retard to try to cash out that much drug money to fiat. you would need actual laundering service

Thats why using atomic swaps is so powerful: you can swap out to BTC in smaller increments without exposing the bulk of your stack.

[Anonymous No.25714105]

>>25713864
>Swap your whale stack of BTC into XMR
>Start XMR “mining” operation
>hold “mined” funds for 1 year
>sell and get taxed at regular tax rate, money is now 100% clean.

[Anonymous No.25714334]

>>25714105

Yeah, they can't prove otherwise, haha.

[Anonymous No.25714581]

So why isn't XMR pumping? Tether printing can't reach?

[Anonymous No.25714681]

>>25714581
>So why isn't XMR pumping? Tether printing can't reach?

XMR is too busy being used as an actual currency.

[Anonymous No.25714752]

>>25714581
it will never pump, investors / moonboys are afraid to hold it since it might get banned or delisted further. it will just slowly rise in price as it is used more and more as scary internet money

[Anonymous No.25714796]

>>25714581
Not correlated with BTC and the rest of the market, Monero is kind of its own thing.

[Anonymous No.25714850]

>>25714752
Once people hear more about Monero Millionaires like they heard about Bitcoin millionaires, THEN we’ll get the moon bois and banking cucks

[Anonymous No.25714992]

>>25714581
Monero pumps when it is ready.
>>25714752
how new are you? Monero doesn't pump with other crypto.

[Anonymous No.25715316]

>>25714752
>it will never pump

It likely will at some later point when it becomes apparent XMR is going to be the Next Big Thing, cue the normie FOMO and off we go.

Tho if Monero has been banned by then the mainstream market stats might seem a little weird at first glance since it will appear that BTC demand is skyrocketing, but that will just be due to atomic swaps being the only way into XMR.

[Anonymous No.25715460]

>>25714992
not new at all. in crypto since 2011.

>>25715316
atomic swaps are overrated on here

[Anonymous No.25715492]

ATTENTION ANONS: IF YOU ARE RUNNING A NODE, PLEASE UPDATE TO THE LATEST GUI/CLI RELEASE.

https://www.getmonero.org/2021/01/08/monero-0.17.1.9-released.html

This is the v0.17.1.9 minor point release of the Monero software. This is a recommended release that contains mitigations against the ongoing memory exhaustion attack.

Some highlights of this minor release are:

Add different limits for epee binary format for P2P and RPC
Add more sanity checks on data size (portable_storage)
Fix deadlock banning while updating peer lists
Add aggressive restrictions to pre-handshake p2p buffer limit
Add a max levin packet size by command type
Restrict duplicate keys and unnamend sections in epee binary format
More sanity checks in new chain block hashes
Minor bug fixes

[Anonymous No.25715763]

>>25715460
>atomic swaps are overrated on here

Atomic swaps mean acquisition of Monero isn't impeded by delisting.

Atomic swaps mean BTC holders have access to the most reliable mixing service currently available

Atomic swaps mean that if declared illegal XMR holders can still cash out to fiat via BTC.

They're a pretty big deal.

[Anonymous No.25715777]

I'll just keep accumulating more slowly and sitting on it no matter what

[Anonymous No.25715832]

>>25715763
bisq already does that.

atomic swaps are slightly more convenient but also way harder to implement. thats why its 2021 and we still dont have them.

[Anonymous No.25715862]

>>25715777
I personally sold most of my stack at .005 to buy back lower lol. I've been flipping XLM and ADA the past few days. I still have [unkown amount] in my paperwallet, forever.

[Anonymous No.25716065]

>>25715862
Took gnarly ADA gains last night to obtain an unknown number of XMR. Might buy back in at 15 cents but idk, nothing is actually happening on Cardano rn.

[Anonymous No.25716114]

>>25715832
bisq is legit, but not as legit as having the feature built into your client. atomic swaps arent a thing because BTC has to get everyone mining to activate Taproot on their nodes.

[Anonymous No.25716234]

>>25716114
yeah but my point is atomic swaps are not going to be revolutionary. if we currently had no way to get xmr except KYC exchanges, atomic swaps would be revolutionary. but anyone that really wants to get xmr without kyc shit or swap btc to xmr without leaving a trail, can through bisq.

[Anonymous No.25716291]

>>25716234
Bisq isn’t trustless

[Anonymous No.25716309]

>>25716291
nor are atomic swaps because you can receive tainted btc for your XMR :3

[Anonymous No.25716319]

>>25716234
you are out of your fucking mind if you dont think they will be revolutionary. You really think the average BTC owner/whale who is afraid to cash out is even going to know how to access their site, let alone download an .exe they heard of from an underwater basket weaving forum and be comfortable with it?

[Anonymous No.25716353]

>>25716309
That’s not what trustless means.
And further bisq requires you to pay extra as a fee and to have bitcoin to start. It isn’t that user friendly.
And bitcoin taint being a problem is a good thing because it pushes people to Monero. If bitcoin taint is that big of an issue where even swapping to Bitcoin is that much of a risk, then Monero has won.

[Anonymous No.25716367]

>>25709322
>Zcash too traceable for criminals but still private and fungible
??

[Anonymous No.25716388]

>>25716319
how do you think atomic swaps will work?
also do you think that the 'average btc owner' 'afraid to cash out' will ever buy XMR after all the delistings and FUD?

[Anonymous No.25716429]

>>25716353
bisq only requires you to pay mining fees, which atomic swaps will also require
you have to have bitcoin to atomically swap it to monero, idiot.
you're right about the taint but i wont be swapping monero for btc through atomic swaps

[Anonymous No.25716498]

>>25716388
exactly as intended, p2p exchange completed via schnorr signatures via the client

>after all the delistings and FUD?
this is how I know you're full of shit

[Anonymous No.25716511]

>>25716234

What is revolutionary is giving every potential XMR holder instant access to atomic swaps via optimized custom wallets. With Bisq you first have to seek it out, install it, etc, it is effectively a third party you're having to involve.

So its as much about ease-of-use and convenience and as it is about the swaps themselves.

TL;DR: the less steps required, the better.

[Anonymous No.25716550]

>>25716388
this isn't "buying xmr" dipshit. This is swapping to XMR for those that don't want to be associated with a specific BTC account

[Anonymous No.25716613]

>>25716429
You forgot about trading fees

[Anonymous No.25716664]

comfy sitting on heavy bags frens

[Anonymous No.25716703]

>>25711611
Checked and yeah wtf happened to that guy
>>25711276
Based matrix

[Anonymous No.25716713]

>>25716065
just from how crazy the gas fees are without the normies on I feel like ada will do well, plus they do have stuff out on their test net. They made this thing that lets you convert a smart contract from solidity code so eth devs just drop it in and instantly enjoy the benefits of ada network.

[Anonymous No.25716745]

>>25716498
>via the client
what client?

literally google 'monero delisted' and 'monero banned' you post 2017 moonboy faggot.

>>25716511
you have to first seek out and install a wallet supporting atomic swaps. do you people really think mainstream bitcoin wallets will suddenly support xmr atomic swaps in client? or do you think hardware wallet developers will include atomic swap code written by a third party in their clients? does that sound likely? deluded. the eternal post 2017 bullrunners strike again.

the most likely scenario is a wallet you download that holds both xmr and btc, and you can make atomic swaps with other people using that wallet. the xmr wallet might support atomic swaps, but if you think electrum or something is going to introduce atomic swap support for xmr, you drank some kind of kool aid

so in the end people will have to download an .exe anyway. they will still have to "seek it out and install it"

[Anonymous No.25716796]

>>25716550
explain EXACTLY how an atomic swap is different from using bisq to swap btc to xmr or xmr to btc, on the blockchain.

>>25716613
yeah, 1 dollar trading fees are what is stopping 'bitcoin whales' from swapping to xmr.

[Anonymous No.25716901]

>>25716796
In addition to additional fees, you have to trust that bisq works. You are not sending crypto directly on the blockchain, which is how atomic swaps work. You are dealing with a p2p application which is therefore not trust less.

[Anonymous No.25716980]

>>25716901
you also have to trust that the xmr developer team doesnt push an update which completely breaks monero and renders it useless
therefor, not trustless :)

also, you can't send crypto 'directly on the blockchain', with atomic swaps, unless we merge monero and btc blockchain

>You are dealing with a p2p application which is therefore not trust less.
atomic swaps are p2p. the blockchain is p2p.

[Anonymous No.25717018]

>>25716901
p2p is trustless.

but basically it eliminates the bisq fee and the reliance on any 3rd party tech. everything also occurs on chain with a timelocked smart contract type mechanism.

[Anonymous No.25717040]

>>25716745
>what client?
the XMR client

>literally google 'monero delisted' and 'monero banned' you post 2017 moonboy faggot.
strange, daily transactions and transactions relative to BTC have only been increasing for the last year straight.

>explain EXACTLY how an atomic swap is different
I have an old wallet that I dont want to be associated with. I swap BTC to XMR and sell it on kraken/polo, or I swap back to BTC and have clean BTC.

wrapped XMR is probably better for Monero in generel, but there's an underlying motive to suggest bisq and atomic swaps are indistinguishable

>also, you can't send crypto 'directly on the blockchain', with atomic swaps, unless we merge monero and btc blockchain
further demonstrates that you do not understand what an atomic swap is

[Anonymous No.25717162]

>>25716980
>also, you can't send crypto 'directly on the blockchain', with atomic swaps, unless we merge monero and btc blockchain
Lol. That’s the point of atomic swaps. You are using checks to make sure the transactions are sent on the individual block chains and then once these checks are confirmed the private keys are released to the other party. You are sending a bitcoin to a bitcoin address and the other is sending monero to a monero address. It’s literally using the respective block chains.

[Anonymous No.25717313]

>>25717040
>the XMR client
to make an atomic swap we also need people with btc to have a client which supports atomic swaps. they will probably have to download such a client, meaning arguments about 'having to download bisq' are worthless

>I have an old wallet that I dont want to be associated with. I swap BTC to XMR and sell it on kraken/polo, or I swap back to BTC and have clean BTC.
do you think bisq is KYC or something? you can do that with bisq. also, you always risk getting tainted btc for a any xmr to btc trade, either on bisq or with atomic swaps.

>further demonstrates that you do not understand what an atomic swap is
well you seem to think its magic, which is funny because a lot of people here do as well
atomic swap XMR to BTC = exact same process as bisq except automated so neither party can fuck it up. XMR goes from one addres to another, btc goes from one address to another.

>I have an old wallet that I dont want to be associated with
i know its your hypothetical for the analogy, but this is fucking funny because you clearly dont and never could. you can never not be someone who arrived late, just accept it

[Anonymous No.25717346]

>>25717162
exactly, it's the EXACT same process as bisq except automated.
look at this:
>>25716901
>You are not sending crypto directly on the blockchain, which is how atomic swaps work

THE ONLY FUCKING WAY TO SEND CRYPTO IS ON THE BLOCKCHAIN

[Anonymous No.25717459]

>>25717346
>THE ONLY FUCKING WAY TO SEND CRYPTO IS ON THE BLOCKCHAIN
Yeah, but you are using bisq as an intermediary INSTEAD OF the cryptographic proofs that are derived directly from the blockchain.
So instead of putting trust into a third party service, you are putting trust into the block chain.
I like and support bisq but underrating atomic swaps is brainlet tier.

[Anonymous No.25717647]

>>25717459
>Yeah, but you are using bisq as an intermediary INSTEAD OF the cryptographic proofs that are derived directly from the blockchain.
do you think people using the service, care?
they only care if it works

>So instead of putting trust into a third party service, you are putting trust into the block chain.
again, do you think people, especially btc owners, care?
how did most of them acquire their btc?
they didn't mine it, they were late like you. they purchased it. where? on CENTRALIZED EXCHANGES. the definition of "not trustless" therefore they could obviously, GIVE LESS OF A SHIT
no one, not ever, in the history of cryptocurrency said:
>"hmm, i want to exchange my bitcoin for xmr, but the only way to do so that isn't KYC involves this third party which isn't a direct implementation at the client level, and so involves some amount of trust. GUESS ILL WAIT FOR ATOMIC SWAPS!"

you're a midwit unable to see the forest for the trees. you understand the technology but not the real world ramifications and how people use it. sorry bro but you're living in a fantasy not reality

[Anonymous No.25717792]

>>25717647
this is a solid point
you have to be really pragmatic regarding crypto
rn darknet adoption alone should help, but atomic swaps and money laundering isn’t something that will have any generalized impact in the near future

[Anonymous No.25717837]

>>25717647
So your fallback after getting blown out is that people don’t care.
Yeah, I’m the midwit alright.
If you genuinely don’t think that privacy isn’t going to be a MAJOR concern in cryptocurrency, then you are not gonna make it.
And the answer to your question is that yea, people will care more as time goes on. Atomic swaps aren’t going to change the world immediately but they will have a huge impact on Monero being used as a privacy layer by bitcoin and all other cryptos. Regulations and chain analysis will push people towards Monero, and what better way to swap to Monero than using the approved atomic swap protocol developed by the Monero developers.

[Anonymous No.25718027]

>>25717837
oh my god you're so stupid
yes, continue to believe that when atomic swaps FINALLY come online, a whole bunch of 'old wallet whales' will magically come out of the woodwork because they had been waiting for the fateful day where they no longer had to *gasp* rely on a third party like bisq for such functionality

your fallback after getting blown out is that "atomic swaps may not make a difference immediately but will in the long run!"
atomic swaps are priced in. they won't make xmr 'moon'. which was the central issue
>>25715316
>>25715460
>>25715763
yes anon. yes. you are the midwit.

[Anonymous No.25718188]

Reviews of Bisq seem pretty mixed, some find it easy, others not so much:

>I admire and support the Bisq concepts, but the execution is worrisome

But the biggest gripe I have is with the human-nature factor. Other traders can be either irresponsible (won't complete trades due to not paying attention) or downright conniving (hold off on completing trades when they think there's a better opportunity somewhere else). The arbitration process is slow to resolve this, if it's resolved at all. You have to wait for back-N-forth messages and in the meantime, the other trader may be doing more business with others, maybe pulling the same stunts. Bisq arbitrators should be stricter in policing policy. If a trader is found more than once to be in the same kind of dispute/arbitration, they should face serious enough consequence to encourage them to abide by the rules. If you can screw others over with next to no repercussions, there's little to encourage you to change.

I think these are some of the big issues keeping more people away from Bisq. I totally support the philosophy, but you DO have to have some trust in the other party. Otherwise, you lose opportunities due to funds being tied up when they really shouldn't be. I'd also vote for a MUCH larger deposit. A trader who's screwing others over may not care if all that's on the line is thousandths of BTC. Make the deposit a significant fraction of the trade, like 10% - 25%. No one wants to lose 0.25+ BTC...

One last thing, I don't like divulging my bank account info in ANY way. Not to Zelle, not to the other person I'm trading with. We need a way to confirm and send funds that doesn't require sharing such private info. I'm not engaging in illegal activities, but I don't want my private info out there at all. I've read there are projects in the works to use the blockchain for just this kind of trustless confirmation. Great.

https://www.trustpilot.com/reviews/5cdc5687a843690a80b286ba

[Anonymous No.25718307]

>>25718027
Imagine people living in your head rent-free and channeling your anger against sound money on an imageboard.

[Anonymous No.25718374]

>>25714581
Because Monero is a stablecoin backed by heroin, stolen Apple devices and cunny.

[Anonymous No.25718477]

>>25718307
i have probably lost more cryptocurrency than you will ever own.

[Anonymous No.25718532]

>>25718188
all that is true but it's all related to fiat to crypto transactions which have all kinds of fuckery going on. i've never had an isue with crypto to crypto transactions and have made dozens

also disregard anyone taling about 'zelle' or whatever that absolute garbage is.
>One last thing, I don't like divulging my bank account info in ANY way. Not to Zelle, not to the other person I'm trading with. We need a way to confirm and send funds that doesn't require sharing such private info. I'm not engaging in illegal activities, but I don't want my private info out there at all.
read this and understand why that persons opinion is worth one piece of dog doo doo. they are trying to blame bisq for banks blocking their crypto related transactions

[Anonymous No.25718582]

>>25718027
> continue to believe that when atomic swaps FINALLY come online, a whole bunch of 'old wallet whales' will magically come out of the woodwork because they had been waiting for the fateful day where they no longer had to *gasp* rely on a third party like bisq for such functionality
when did I ever say that?
and again, I'm not knocking bisq, it's just that atomic swaps are better. can you at least admit that or are you going to be a stubborn imbecile?
>your fallback after getting blown out is that "atomic swaps may not make a difference immediately but will in the long run!"
I have literally never said anything otherwise. You know, every person on this site is named "Anonymous" right? Different anons can have different opinions.
>atomic swaps are priced in. they won't make xmr 'moon'. which was the central issue
No, the central issue was you being a retard and saying that atomic swaps don't mean anything because we already have Bisq. You were checked on that in multiple ways, and then you finally had to cope with "b-b-b-but nobody cares about privacy". Whatever.
And you can't "price in" something that doesn't even exist yet you mongoloid.

[Anonymous No.25718675]

>>25718582
go read our comment chain and figure out why it exists
it exists because moonboys think atomic swaps will magically make number go up
my argument is that atomic swaps will not make number magically go up
if you try to distort my argument you are being disingenuous

you can price it in once retards on here start talking about it every day like it is going to magically change the price. just like the halving events. faggot. youre fucking annoying

[Anonymous No.25719089]

>>25718675
How about you take a nice deep breath and relax.
Obviously a single feature being implemented by itself won’t make it moon. The number of data points that suggest XMR is a superior option for anybody wishing to conceal funds will make it moon. Atomic swaps just add another means of racking up those data points.

[Anonymous No.25719452]

such an undervalued token all monero bros will make it love ya frens.

[Anonymous No.25720290]

bump

[Anonymous No.25720323]

>>25719089
Necessity is the mother of invention.

Laziness is the mother of adoption.

Atomic swap functionality in light wallet will make turning btc to xmr as simple as a button push. That's what makes it an attractive feature: it makes something that's mildly complicated into something normie friendly. It won't make XMR moon overnight, but it offers an easy, decentralized on-ramp.

Once a rapper makes a banger about ordering drugs online with Monero, it's fuckin over.

[Anonymous No.25720448]

>>25720323
“Hell naw I ain’t 12 but if I like it I cop it, I met Papi and he said he’s good at uploadin wallets” -Young Thug, “Old English”

Slowly but surely we’re getting there...

[Anonymous No.25720585]

>>25720448
I like that Freddie Gibbs 10xd Young Thug with the first line of his verse.

YT: I have 800 capsules of molly.
FG: Fuck that, 8000.

[Anonymous No.25720751]

Im not monero for moon, im monero for long

also holding monero means im a felon and that makes me based and redpilled

[Anonymous No.25721296]

anyone edge wallet?

[Anonymous No.25721630]

>>25720751
Based and felon-pilled

[Anonymous No.25721854]

Here's hoping investing in what I believe in actually makes me money... I could've just went all in BTC but here we are

[Anonymous No.25721979]

I have been tempted these last few months to transfer all my wealth into monero. Not really because of the possible gains (well a bit), but also because of what it is.
Can someone fud me? Is it a problem that it becomes illegal? Is it a honeypot?
Also is there any info about how distributed the coins are? Or is like bitcoin where most is hold by whales

[Anonymous No.25723088]

>>25721979
Putting all your wealth into Monero is a bad idea, and I say that as a pretty vocal supporter of Monero. Diversify with stocks and precious metals.
That aside, I would say that like any cryptocurrency, Monero could run into an exploit down the line that at worst would destroy the network, or lead to some good ol' fashioned FUD. One example of this is an inflation bug allowing double spends -- currently this is prevented by key images, but playing devils advocate, if this were to somehow occur, it would hurt a lot of the trust with the Monero network. To date Monero hasn't had a "Dao Hack" moment.
Another issue is if the community gets taken over by adversaries or if too many mooboys are getting in the way of satoshis vision (like what happened with Bitcoin).
>Is it a problem that it becomes illegal?
no
>Is it a honeypot?
lol no
>Also is there any info about how distributed the coins are?
Nope. There is no list of wallets sorted by who holds the most, because it's impossible to view someone's wallet without their public view key.

[Anonymous No.25723198]

>>25723088
88 Checked

[Anonymous No.25723695]

>>25709222
check deez digits

[anon No.25724099]

>>25707944
subtle

very nice

[Anonymous No.25725043]

bump

[Anonymous No.25725281]

[Anonymous No.25725356]

>>25707489
OC BOOBA Monerochan

[Anonymous No.25725506]

Wait, guys, is Monero quantum resistant?

[Anonymous No.25725741]

>>25725506
No, but because it forks regularly they can add quantum resistance easily when the time comes.
BTC, on the other hand, ...

[Anonymous No.25726462]

[Anonymous No.25727039]

>>25725356
Nice. I made something as well.

[Anonymous No.25727067]

2/2

[Anonymous No.25727225]

>>25727039
i love this one

[Anonymous No.25728071]

>>25707944
>>25725356
You guys are talented artists! Do you have an online art portfolio to show your work?

[Anonymous No.25728315]

>>25726462
Bumping more OC

[Anonymous No.25728335]

>>25707944
Put some shoes on you fucking tramp

[Anonymous No.25728412]

>>25727067
this is outrageously based

[Anonymous No.25728706]

PRIVACY DEFI COOMING SOON

[Anonymous No.25728885]

What's the delistening going to do to the price of XMR?
pfa.

[Anonymous No.25728906]

>>25728412
why did you take a picture of me without my permission?

[Anonymous No.25729080]

>>25728706
How does that benefit XMR chads?

[Anonymous No.25729390]

Btc will go down soon enough, i fear it will take monero with. Sad.

[Anonymous No.25729988]

>>25729390
If true and Monero goes back down to 70 Bucks, I'll be accumulating soooo much. Just hand me your bags, weakling