/biz/ - Business & Finance

[Anonymous No.8898172]

Is this a r*ddit coin?

[Anonymous No.8898199]

no, holy shit no,
monero is one of the best coins out there

[Anonymous No.8898232]

>>8898199
Welllllllll it's kind of showing its age next to some new younger priv coins, but no it is not a plebbit coin.

[Anonymous No.8898255]

>>8898199
>>8898232
it does have merit blah blah, but it is. there's no two ways about it, they love it and it makes no sense. it's no longer asic resistant and you remove the audit trail in many ways these days, buying and holding specifically a privacy coin just doesn't have a business case imo.

t. fud

[Anonymous No.8898274]

XMR is a rock solid blue chip

[Anonymous No.8898286]

what about its fork?

[Anonymous No.8898312]

>>8898172
Like it or not, reddit likes the same coins you do. There's a lot of overlap, although few will admit it.

[Anonymous No.8898389]

Not gonna lie, former Monero holder here. This is fucking hilarious watching Monero crash and burn. But in all seriousness we can't let this coin get adoption in dark markets.

[Anonymous No.8898422]

>>8898172
yes.

[Anonymous No.8898535]

>>8898172

Too much potential for something extremely bad to happen with Monero as a proxy to finance it. And the recent forks have worked against Monero's anonymity. It is a good project, and a good coin if you need privacy. But not something one should hold much of, the price of Monero could move closer to 0 than its all time high should Monero use gets banned by any country or significant exchange.

[Anonymous No.8898546]

>>8898172
no

[Anonymous No.8898601]

>>8898389
Does anyone else notice the repeated fud comments posted on here in various coins threads? It's almost someone is paying for these... this exact comment was posted 2 days ago.

[Anonymous No.8898668]

>>8898535
uhhh sweetie I'd be a lot more nervous about the admitted plans to create a blacklist of addresses for cryptocurrency (also planned for monero)

http://treasury.gov/resource-center/sanctions/sdn-list/pages/default.aspx

pro hint: their current plans will not work out well for them once they try to implement them, except on coins that are not monero

[Anonymous No.8898706]

>>8898172

No. But Blockstream (or agents of their ilk) are working on changing the nature of Monero and destroy it from within, slowly, over time. So expect Reddit to like it even more as it becomes more and more destroyed and taken over, like BTC was.

[Anonymous No.8898775]

>>8898601
It's pasta you idiot

[Anonymous No.8898780]

>>8898601

[Anonymous No.8898790]

>>8898199
Not even the best privacy coin out there

ZCash > DASH > XMR

[Anonymous No.8898797]

>>8898790

[Anonymous No.8898807]

>>8898797
He's right about it not being the best. That would be ZEN.

[Anonymous No.8898809]

Not a meme. This is the primary coin in the dark web now. Probably one of four or five coins to have actual use other than just being traded like Pokemon

[Anonymous No.8898837]

>>8898790
you're right about Zcash, but to put dash even in the same league shows you're clueless.

[Anonymous No.8898839]

>>8898668

This blacklist already exist, and has existed for at least 2-3 years, it's called chainalysis (and they have competitors). Since a while now they even do real-time address threat evaluations. API access is provided to law enforcement and exchanges. Blacklisting addresses is nothing new.

[Anonymous No.8898943]

>>8898837
Yes, DASH was heavily pre-mined by shady devs but still it has better tech and market adoption than XMR

[Anonymous No.8898958]

>>8898943

DASH has nothing on XMR. Especially not privacy. If XMR would dissapear tomorrow perhaps we'd take ZCash serious but definitely DASH. And when it comes to DASH, then ZenCash is a 10x better system without the ridiculous premine and good (read: better) privacy.

[Anonymous No.8898982]

>>8898958
Wrong. Stupid.

[Anonymous No.8898995]

>>8898943
retard

[Anonymous No.8899007]

>>8898995
Stay poor XMRfag

[Anonymous No.8899024]

>>8899007
Are you one of the DASH devs that benefited from the premine?

[Anonymous No.8899031]

>>8898172
It's even worse than a r*ddit coin. It's a fucking pedophilia coin. Everyone that supports monero and similar coins, even after the pizzagate revelations, should fucking kill themselves.

[Anonymous No.8899051]

It claims to be anonymous but it isn’t really anonymous. If it really was anonymous they would have compromised it by now. But it’s still quite a big coin so you know it’s been compromised.

[Anonymous No.8899070]

>>8899051
It is the same kind of anonymous that 4chan was back in the day, ie. anonymous until it isn’t.

[Anonymous No.8899080]

>>8898172
The dumbest post i've seen on /biz/ this week. Good job brainlet.

[Anonymous No.8899081]

>>8899031
Let's ban all fiat too because some of it has been used for pedophilia. Guilt by association, that's the way to go right comrade?

[Anonymous No.8899102]

>>8899031

you hate us cause you aint us

[Anonymous No.8899159]

>>8899051

its anonymous enough, if you pay someone with it they can't know how much you have, no other coin is like that NOT ONE

the strategy of the shitcoins like Dash Verge and Zcash is meme themselves as anonymous until pajeets fingers are bleeding while having a transparent blockchain that everyone is accustomed to, then you point how easy it is to track (like DASH's broken coinjoin) or Zcash's t-address and no one gets surprised because thats how its ''suppose to work'', the ''anonymity'' is a ''features'' that is suppose to be there but no one uses because they ''have nothing to hide'', they eat the propaganda, meanwhile no one tracked a single XMR transaction ever nor ever showed an address's balance ever.

[Anonymous No.8899190]

>"toxic waste" is a term that the zcash developers coined to refer to the six shards of the single private key that had to be combined and baked into the cryptocurrency's protocol.

[Anonymous No.8899197]

>>8899190
>The zcash key generation ceremony was designed to be secure so long as a single station successfully generated and disposed of its secret before an attacker could steal it.

[Anonymous No.8899203]

>>8899197
>If someone were to get their hands on a complete copy of all the shards, it would enable them to surreptitiously create counterfeit coins, an attack that would be difficult to detect given the anonymity of zcash transactions.

[Anonymous No.8899219]

>>8898790
is zcash really a privacy coin if it has a backdoor in it?

[Anonymous No.8899244]

>>8899219

>Green says that he and his fellow researchers are not interested in facilitating criminal activity with Zerocoin. "Zerocoin would give you this incredible privacy guarantee, then we could add on some features which let the police, for instance, to be able to track money laundering. A back door." The paper is due to be presented at the IEEE Symposium on Security & Privacy in Oakland, California, in May.

[Anonymous No.8899311]

>>8899159
This.

Monero is the only coin that does what it actually claims to do without any compromises. Under the right conditions, the other privacy coins "work" but because they are either 1) not private by default or 2) use some kind of trusted setup.

BITMAIN et al. will have to think long and hard before trying to make another ASIC now that the devs have committed to an algo tweak every 6 months. You just can't fab chips fast enough for it to be worthwhile because that's just not how TSMC works.

I seriously can't fathom why people shit on Monero. Do some fucking research off /biz/ for once and see how liberating this coin is.

[Anonymous No.8899342]

If your coin doesn't have darknet adoption, you have no reason claiming shit, you fucking retards. Zcashers can sit at the table but even that is debatable.

I know crypto is a meme and all the shills just want their coin to pump so they can cash out for fiat, and that's precisely the reason they fud monero: it already rose immensely, so it has little room to grow now. So all the peasants has to bring it down so their shitcoin can go green. It's really sad because retards might fall for it.

[Anonymous No.8899374]

>>8899031
thanks just bought 100k

[Anonymous No.8899593]

SJW KEK COIN exclusively for Redditors.

[Anonymous No.8899612]

>>8899593
How are you today?

[Anonymous No.8899646]

>>8898255
Its asic resistant again you dumb nigger

[Anonymous No.8899663]

>>8898601
Newfag

[Anonymous No.8900027]

>>8898172
>>8898389
>>8898706
>>8898790
>>8899007
>>8899031
>>8899051
>>8899593
>>8898255

>Monero (XMR) is the only crypto which is private and anonymous BY DEFAULT.

It is the only crypto with an actual practical use.

The entire crypto market is filled with vapourwares/shitcoins/scamcoins/memecoins and coins that are simply pipe dreams with empty promises.

It is no wonder that Monero (XMR) is being widely accepted in dark markets.

https://www.bloomberg.com/news/articles/2018-01-02/criminal-underworld-is-dropping-bitcoin-for-another-currency

https://steemit.com/bitcoin/@crazyflashpie/monero-is-not-an-altcoin-the-arrival-of-fungible-digital-money

https://topnews.one/2197-monero-is-the-favorite-cryptocurrency-of-cyber-criminals-study-finds.html

>Monero (XMR) is just like early stage of Bitcoin. Remember when hackers used bitcoin malwares and botnets to mine bitcoin. Monero (XMR) is following the same path as Bitcoin but the major change is that Monero (XMR) corrected all the "flaws" of bitcoin. (Public ledger, traceable transactions, lack of anonymity, lack of fungibility).

https://www.bleepingcomputer.com/news/security/malware-epidemic-monero-mining-campaigns-are-becoming-a-real-problem/

https://www.digitaltrends.com/computing/crypto-mining-malware-monero-jenkins/amp/

https://blog.trendmicro.com/trendlabs-security-intelligence/monero-mining-hiddenminer-android-malware-can-potentially-cause-device-failure/

>In the end the irrational crypto market will correct itself. (Crypto bubble crash)

All shitcoins, memecoins, scamcoins, vapourwares, coins that are simply pipe dreams with empty promises. All will sink into oblivion and no one will ever remember them.

[Anonymous No.8900286]

>>8899031
pedos also drink water. quick, we need to fucking ban water! think of the children!