>glorified address scrambler >only real world application is for drug dealers, terrorists and other criminals >they can achieve the same thing with literally any fork >they can achieve the same thing without even holding xmr and just selling immediately >will never have institutional or big business money invested in >when regulations come it will either have to remove its untraceability feature or get delisted and doomed in the deep web forever >shilled daily by pajeets spamming that ugly thot wearing xmr hat
monero is the only actual private coin today, but people fall into the trap of thinking that monero is going to matter in the future, when everything the future is bringing is making monero and its base-layer security model more and more irrelevant.
Brandon Gomez
you can also achieve the same levels of privacy with BTC if your opsec isn't shit (and if you're ever needing XMR for anonymity, you better be damn sure you have solid opsec), XMR is totally unnecessary.
John Edwards
Wow you dont know anything and should fuck off immediately
Parker Cook
>he doesn't own at least 50 XMR
never going to make it
Ian Brooks
You mean the coin the bankers don't have full control of? How much are they paying you to fud monero?
Landon Bennett
>>when regulations come it will either have to remove its untraceability feature or get delisted
FBIanon, give up and go arrest some pedos already. We see right through your retarded fud. >First bitcoin addresses have been banned and their coins are blacklisted meaning anyone who accepts them is also banned. Only a fungible currency stops this. >Layer two solutions are easy for law enforcement to trace through statistical analysis. Only pure privacy coins offer protection from chain analysis. We're going to a world where the law can not trace money, just like in the old days. There's nothing you and your pals can do to stop it. The global wealthy are already secretly accumulating. Price target? $100,000+ in 5-10 years.
Jack Butler
Threadly reminder that anybody that talks shit about Monero is a paid operative or just accumulating more.
Levi Richardson
>you can also achieve the same levels of privacy with BTC if your opsec isn't shit t. cop
Benjamin Thompson
>glorified address scrambler literally and undeniably more than bitcoin >only real world application is for drug dealers, terrorists and other criminals how about you prove this retarded fucking meme?
t. owns exactly 50 XMR i love how these amounts always change arbitrarily, based on how many the poster owns (that poster always makes it)
Isaac Flores
Nah I own 51
Hunter Smith
t. Narco
Nice try pendejo
Grayson Rogers
FBI brainlet-posting comedy user is funny but his act is getting a little stale, I agree. He needs some new material.
John Nelson
Monero tards are the second most retarded group right after link tards.
Bentley Jenkins
Reminder that BTC and Monero are the only cryptos that are actually being used.
Carson Williams
>privacy is only for drug dealers, terrorists and criminal Based 1984.
>privacy with a public ledger and non fungible asset
Fortnite merch shop accepts only one cryptocurrency. I wonder which one.
Adrian Kelly
I actully don't think I will ever exchange a single xmr back to fiat that I bought under $50.
Levi Stewart
>alimony proof lmfao OP is a cuck
Isaiah Morgan
Not a single deep web shop takes xmr. That's mostly because all deep web shops are honey pots and wouldn't be able to trace back to the buyer. This is not a direct fault of monero though.
Owen Brooks
>will never have institutional or big business money invested in
True. Only small ones like Fortnite and it's 100+M users.
Dominic Jackson
4 of em do check deepdotweb
Cameron Sullivan
>when regulations come it will either have to remove its untraceability feature or get delisted hahahaha ok so the it will get "delisted" because governments will all ban it? short term it could make the price be undetermined but long term it will send a signal that will secure it as #1 if it weren't 51% attacked. there is a reason govts havent done that yet. they know it admits defeat. they'd rather it die out on its own. they cannot deal with it. if they ban it they will expose this fact and make people truly understand and believe it. there are more countries than just the USA
Leo Turner
>>they can achieve the same thing without even holding xmr and just selling immediately this the most relevant thing
the price of XMR doesn't need to pump for it to be used. there's no incentive to buy and hold. therefore I don't care.
It's good for the crypto casinos I gamble on. I gives me something to focus on as a hobby(mining) and I use it to transfer funds between exchanges. And once I accumulate more I'll start using the dozen or more online retailers providing legal goods. Out of the dozen coins I've been shilled into this one is the best one I've used, mined and accumulated. Tl; Dr XMR isn't for everyone, but it works well for those who do use it.
Julian Allen
> He holds XMR. > He doesn´t hold millions of SAFEX instead.
Henry Ward
it's like oil. the scarcity will cause increase in volatility eventually.
Gavin Jackson
The NSA is unable to crack Cryponight pow.
Monero is the only untraceable coin to exist.
Cameron Brooks
the problem is that, you only need to use it when you need to use it.
Parker Richardson
Don't forget the fact that mining doesn't require special hardware and payment is accept by many services.
Holding 60xmr. I will check in on it after 2020.
Brandon Howard
What scarcity? XMR has unlimited inflation.
Ayden Jackson
if use > inflation, then there will be a scarcity.
Cameron Anderson
Tether destroyed crypto market volatility. Too much liquity and people keep pulling money out the market instantly with bots.
Adrian Adams
wrong, tether increased the volatility in the market. there is more potential amount of dollars that can be pooled into crypto.
Robert Sanchez
>xmr unlimited inflation >holds eth It is almost as if some reward will be required for the chain to function properly via tail chain emissions after being mined.
Also the "inflation" rate is less then a fraction of market volume.
Jose Perry
Monero has a limited supply! Or can you proof that time is unlimited in this universe? No?
I'm getting divorced in 2 months. I bought 2 apartments before I married the succubus, she wants one.
If I sell the apartments, send the FIAT to Kraken via Sepa transfer and buy XMR she could basically go fuck herself?
Evan Howard
I wish I knew, user. But whoever had the idea of putring the head of an Asian woman on the body of a T H I C C white woman deserves a goddamned Nobel prize.
Jose Young
I would do that. Please report back how things went.
Jeremiah Brown
Here is what you do: Get XMR via Kraken Send to address, Kraken will retain that address Send from that address to another address only you know about When asked, show Kraken linked address and say you got hacked
Christian Perry
You will eventually have to file taxes or move overseas.
James Sanchez
It doesn't matter. Crypto will be dead before any inflation is necessary to keep the network going. What matters is the perception. People don't want to buy and hold Monero when they think the supply will go up forever.
The price of Monero doesn't need to pump for it to be useful. I can get all the fungibility and privacy benefits of Monero by buying/selling it for {insert store of value coin, or fiat} and only actually holding Monero for a nanosecond on the exchange. Since no one actually uses crypto for transactions, this will rarely be necessary anyway, making Monero extremely useless.
Zachary Clark
I was thinking to just say i lost the private key.
No problem
Carson Richardson
Extra super bonus: XMR is going to be worth ~1000 each by EOY, so you can buy other women
Blake Nelson
But it doesn't. There is a limited supply except for the end tail emissions. ETH has a heavier tail emission then xmr.
Adrian Murphy
>1. Sell apartments for fiat. >2. Buy XMR with fiat. >3. Trade for Bitcoin. >4. Hold Bitcoin because it actually has a chance to go up.
You will still have to pay taxes and come up with some story to the judge for where the money went. "I gambled online with crypto and lost all my money," might work.
I pay for cellphones, porn site, and online services using crypto. It is super easy and safe.
Julian Allen
wrong if you want to spend crypto without people knowing your acct balance, you need XMR XMR will become the venmo of the 1% Let me use the yacht for a week for 100k? Sure but fuck USD I don't want the tax BS, just send me 100XMR
Joshua Carter
Here in New Jersey that is a legit argument since gambling online is legal.
Joseph Jones
Dumb move, that way you have no plausible deniability If you can show the address with the funds is empty, you have a leg to stand on
Caleb Cook
It will be very easy for her attorney to prove that you are trying to conceal assets. Before crypto people would convert the proceeds of the apartment into bill notes and buried the briefcase in the desert. They’d still know the money was out there somewhere and just garnish your wages or put you in prison.
Christian Wilson
However he bought the Appartments before the mariage. So how this is legal that she gets one?
Cameron Clark
*edit to this plan to prevent you from getting fucked by Kraken etc.:
>1. Sell apartments for fiat. >2. Buy XMR with fiat from KYC exchange. >3. Withdraw XMR to your own wallet. >4. Deposit XMR in chink non-KYC exchange. >5. Trade for Bitcoin there. >6. Hold Bitcoin because it actually has a chance to go up.
Adam Cook
Dammit, what ever happened to innocent until proven gulity? Don't get married, the gays have it made.
Xavier Johnson
i didnt fall for monero or chainink
because thats actually how it works
Andrew Cruz
Also I’d advise against making your divorce a contentious one which would send billable hours and legal costs sky high for both parties. Don’t cut off your nose to spite the face.
Juan Reyes
this. just give the apartment and hide the juicer stuff. if not, then you deserve to be poor.
David Lopez
>controlled inflation rate >supply will reach 21 million only after 2040 >"What scarcity?"
>because thats actually how it works Not in germany.
Anthony Perry
>We're going to a world where the law can not trace money, just like in the old days Oh yeah? You're going to be sending monero transactions from your own private unregulated ISP, are you? Machine learning algorithms are going to wreck you faggots.
That guy is terminally retarded. All he has to do is look at the fucking price history of Monero to see that it's going to go up. Even if it stays pegged to Bitcoin in the .01-.03 range it's still a pretty safe hold versus Bitcoin, especially if you were to buy right now.
Caleb Diaz
Also it's a very low tail emission rate. The number of coins emitted a year will probably be way lower than the coins lost yearly per accident.
Eli Reyes
Exactly. You can't really take these Monero doubters seriously because their arguments generally don't even make sense. I'm convinced beyond a doubt that a good portion of the negative posts on this board directed at Monero are from devs of other coins or perhaps LE at the very beginnings of a psychological campaign against what Monero stands for.
Monero is a good currency, but it's much more expensive to manage for miners and such. My hopes are on the 2nd layer fungibility features LTC and BTC are building currently.
Aiden Wright
So sell the apartment for BTC directly.
Jonathan Perez
Hahaha do you even know how a neural network operates? It's an algorithm that does very specialized runs of trail and error. It might be great at learning patterns, but the whole point of encryption is to obfuscate any and all recognizable patterns.
Basically you commies are fucked, because you'd have to shut down literally ALL communication AND the entire internet to stop crypto. And that would destroy your economy in favor of nations that don't do this, making you vulnerable to invasions.
You haven't just lost, you're already dead.
Lucas Miller
2nd layer isn't better than on chain.
Aaron Nelson
It kinda is, since the transactions themselves are already safe. Monero's ring transactions are very good, but similar things can be achieved with less computing power.
Basically a bunch of transactions will be merged into one big transaction, which will be sent to other transactions, which will then divide back until the original intended amounts are at their destinations. There is no 1=1 comparison to make and no way to accurately say who sent what where as the transactional data won't be kept. That's roughly the gist of it.
Since the number of possible addresses generated is so large, there is just no cost-effective way to trace all these addresses when crypto really takes off. Already it costs tremendous amounts of money to research terror groups that use crypto, and the security features are only going to improve.
Camden Gonzalez
Should have bought 2 houses, so you could burn them both to the ground right after you cancel your homeowner's insurance, thus ensuring she gets nothing.
Wyatt Bailey
this.
the high IQ's only hold BTC + XMR and use XMR to accumulate more bitcoins
>The price of Monero doesn't need to pump for it to be useful.
It will be more useful after a pump. >higher security (more valuable block reward) >more liquidity >larger anonymity set >larger market cap, room for big players
Also >insert store of value coin You don't want to store your value in full public view. You guys that make these divisions between "privacy coin", " store of value", "payment coin" are really low iq. Each of those features support each other and are critical to have in money.
Chase Ward
I agree and people that think Monero is just a "feature coin" that becomes obsolete because second layer privacy may get introduced to Bitcoin or Ethereum at some nebulous point in the future are seriously selling Monero's development community short. Word. There isn't one working example of a trustless second layer solution that I'm aware of so until it exists with sufficient adoption I will remain skeptical. Honestly the idea that the entire crypto universe needs to revolve around either BTC or ETH is kind of flawed and we can look at the Bitcoin community's outwardly visible dislike of Ethereum in its infancy to realize that not too long ago Ethereum was regarded with this same degree of skepticism. Monero may very well grow to be large enough to develop its own ecosystem where the base chain isn't something that people have to actively avoid using.
Juan Jackson
Ill bite. If I'm going to wash my trades ill use some so I hold a few hundred worths. I completely accept that the money is gone and this is just my price to be able to use its service.
Bentley Harris
I dont even hold any monero, however these threads always have decent debate and info so I pop in
Brandon Jones
i dont use or own monero...but doesnt monero having a practical usage that normies can understand unlike "smart contracts" and etc make it the next most likely crypto currency to boom? the future of companies is based on which one provides the best user privacy...and this coin seems to tailor well to that market
Adrian Diaz
>I completely accept that the money is gone and this is just my price to be able to use its service. What do you mean the money is gone? Monero threads are where the High IQ bizraelis hang out. Welcome. Yes, Monero's directive is simple enough: be sound money. The issue I would show concern with is that "normies" generally don't care much about privacy. They are willfully getting datamined left and right in their everyday life, so asking for them to care about fungible crypto is a tall order. At least, we're not really there yet but maybe some day we'll start to turn that corner.
Hunter Reyes
>normies >understand smart contracts
Choose one.
They can't even understand common crypto currencies like BTC. Try to explain how even PoW mining works for them and you'll see.
Christopher Murphy
Normies will never get crypto in our lifetimes. Adoption (and scalability) is basically a meme. Prices will still pump due to scarcity and crypto's growth as a store of value. I'm not sold on the rest of DLT, at least publicly traded shitcoins, seeing any real adoption.
Dero is far more centralized than Monero, and has a 10% premine. Also, it was closed source in the past. So, get out.
Jaxson Campbell
>centralized >ASIC mined >premined >was closed source >has one (1) dev >no community Should I keep going?
Jose Reed
>centralized Yeah sure wuth a PoW consensus...
>ASIC mined Higher hashrate means higher TPS retard.
>premined like every serious project : BTC, ETH, ...
>was closed source And it isn't anymore. Anyway the emission can be audited anytime even if the source are closed, you knew it if you read the Cryptonote White Paper.
>has one (1) dev Like Bitcoin in the early days. Anyway you are saying that 1 dev have build more that any crypto team on only 1 year.
>no community We don't need technical illiterate people that talking only about Lambo and Moon-landing.
Austin Taylor
imagine being in 2020 when monero is 10k per coin and thinking to yourself how fucking stupid you were for not buying atleast a couple monero for 50 dollars.
Lucas Lopez
>doesn't mention LTC
so explain to me how I bought all this silver and gold bullion then?