/XMR/ Monero General

So is my usd when i go to the Philippines

please dump one final time you mean.. :(

Do we have an actual timeline for atomic swaps?

What pool did you join?

All are beautiful, but the one on the far right I find the cutest.

Nice, I am doing about $1 a day with a 3700X. Setup so it is not noticeable using the system for other things but ramp to 100% when the system is idle. Also recompiled the miner to kill the forced donation to the devs.

You might want to consider underclocking your CPUs while mining, there's probably a better sweet spot for efficiency than 100%.

thanks.. i need to learn how to to this on linux

what pool?

pretty good either with the recompiling of xmrig

>setup so it is not noticeable using the system for other things but ramp to 100%

what software do you use?

I am using
moneroocean.stream/

This is with windows 10
I have the config for XMrig with priority set to 1 and background set to true. When a game or somthing starts using the CPU it cuts the miner back and gives higher prority programs what they need. Background just runs it in the background with no cmd visable.

thanks,
feel like a pleb on my linux mint sometimes

Not him but just join moneroocean.stream it's officially recommended by the getmonero.org website for privacy reasoning. It also charges 0.0% fees and has a miner that switches algorithm based on what is most profitable to mine for your specific PC and then pays you out in XMR. It's really good. I make about $7 a day this way.

Atomic swaps aren't going to come out in 2021 but atomic swaps are barely relevant. I don't know why so many people on Dab Forums seem so absorbed by it. XMR isn't going to get banned by any large country any time soon.

Thanks Gents. Signing up now and re-syncing my super node.

kek

The gui wallet has been syncing for a week now and still isn't done.
Every day I have half the blocks left that I had the day previous. It's like zenos tortoise. At least when I finally get to 4 blocks left to sync I'll know I only have a few days left to wait.

I see these posts on /k/ all the time, even when discussing something that obviously isn't illegal, but that feds don't like (like talk about explosives, perfectly legal to have the knowledge/discussion on, but feds dont want to get McVeighed so they shitpost those threads into oblivion). Seeing this (((post))) here, knowing there's actual shills browsing all parts of the chan, has convinced me to drop a shit ton of money into monero. If the feds don't want me doing it, it's because it's good for me and bad for them.

Make sure to change the config.json file to re-benchmark your shit every time you restart the miner. This causes it to recalibrate and recalculate the most efficient miner. It switched algorithms three times because sometimes it's more profitable to mine one thing over the other even though your hash rate is lower.

Yeah that happened to me as well the first time. That's okay once it's finished it will re-sync pretty quickly. I turned the wallet off for a day to see how big the gap would be and it was only a couple hundred blocks that was resynced within an hour so it's doable.

The accumulation period is almost over. Better to get in as soon as possible. More and more people are waking up to Monero's potential and are storing it off the exchanges. After May 2022 XMRChads will have a pleasant surprise.

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Atomic swaps could be useful for whales as they can withdraw btc as xmr from their old accounts without revealing their identity and the fact that they have a lot more btc left.
I still agree with you, the impact won't be as large as /xmr/ believes it is.

cpupower-cli or gui if you want

Is this decent or how can I optimize it better?
I'm using xmring to ocean stream pool. Looks like thats in the US though judging by the 304ms.
>AMD Ryzen 9 5900X 12-Core Processor

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What happens in May 2022?

Also, when are we going back to just saying the last two digits of a year? I've been waiting 20 fucking years to do that again and we're not even doing it.

I have been slowly selling other alts and currently 62 % in XMR.

If you want to optimize it follow the next steps:

>Go to moneroocean.stream
>Download their miner from a link on their site that goes to a github page (xmrig mo1)
>Download the SOURCE CODE not the executable/binaries
>Open up Donate.h with a text editor of your choice
>Change the two 1s with 0s (changes 1% fee to 0% fee)
>Compile the edited XMRig-mo1
>Open config.json and add the pool url and your wallet
>Enable benchmarking on every startup
>Now run the miner
>The miner is going to test all algorithms for about 20-30 minutes and pick out the one that your PC is best at mining while also calculating its profitability so that you will make the most $ per day. You will get paid out in XMR. So if it decided to mine ETH it will just swap it with someone that mined XMR or convert it into XMR for a paltry 0.6% fee if that option isn't available when you check out

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hey folks where is the best place to store my monero that isn't on an exchange (kraken)?

should I get a hardware wallet that's compatible with the GUI wallet and store it there?

and if i need to use andunknown amount for an unknown reason would i do this through the GUI?

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ok great. Thank you

>May 2022
I don't believe in this. The rewards are constantly dropping already. It's not a shocking moment where suddenly all rewards drop to 0.6xmr/block on may 2022 the reward is already only about 1xmr/block and diminishing daily until it goes to 0.6xmr/block.

Therefor there won't be a massive pump in may 2022. I never understood that logic.

Buy HUSH instead

That is looking better, pic related 3700x.

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>Atomic swaps could be useful for whales as they can withdraw btc as xmr from their old accounts without revealing their identity and the fact that they have a lot more btc left.

This. Atomic swaps are a pretty big deal for BTC as well, all the usual mixing protocols are inferior to cross-chain swapping with Monero.

>I still agree with you, the impact won't be as large as /xmr/ believes it is.

Could go either way. In any case, it will take a while to work out all the bugs, set up a swaps market and build liquidity. Once those are in place THEN we'll see.

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CPU mining seems to be more energy efficient than GPU mining.

The miner hashrate doesn't update instantly there is some lag in it. You can squeeze out a LOT MORE juice if you really go about tweaking it but it requires you to be somewhat tech savvy. There's only so much Dab Forums anons can do to help you before you reach a wall or you're basically letting us tweaking it for you. It took me a week of tweaking before getting to this hash rate though.

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It is, I played with GPU mining but around 1KH/s is not an efficient use of a 5700XT.

Mine eth with GPU.

Run a local node (takes a while so start doing it now). If you're not technical just download the GUI from getmonero or their github and generate a wallet. Send a small amount first to see if everything works and then send the rest.

I'm personally not a fan of hardware wallets but they are okay.

XMR to me is looking extremely bullish right now. First serious upswing since previous (and first) ATH which doesn't appear to have reached maximum velocity yet. I predict we could get over $1000 around summer before a correction until next cycle

thanks user

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Not forgetting that it's become the coin of choice for the largest darknet drug market (and others following) last month. As summer approaches, restrictions ease and the online drug trade increases, usage of XMR will increase even further

>May 22
Maybe after 2031? You know so there's no confusion whether someone meant to say the month of a certain year, or the day in a certain month?

I'm not really a fan of price speculation. But if XMR is going to follow the same trajectory as BTC (first pump 200x previous ATH, second pump 20x previous ATH and currently at 2.5x previous ATH). Then Monero needs to pump to 20x their previous ATH which would be $8000.

I think short term inaccessibility to XMR for the average person is going to hamper pump material. I don't care because I am DCA in over the next 5 years anyway as I think it's a no-brainer and will eventually take over its role from bitcoin 2011-2015 where it was actually used as a currency on mainstream sites like steam and ordinary web stores. We're still a while away from that and only in the "dark web" phase right now.

That's what the ' is for. May '22, see?
Easy. And in 2032 we can drop the ' to make it even easier (unless we get extra long months by then).

The way you worded that sounded like you were talking about speech. And noone is going to say apostrophe out loud when speaking.

Nothing happens in may 2022. Bitcoin has reward halvenings every 3-4 years. Monero doesn't and has a slowly decreasing reward pool that diminishes every block. In may 2022 it will have plumetted to 0.6xmr/block which is where it will stay for the rest of time.

Some anons are confused and think this will lead to a massive pump like in bitcoin but they don't understand that this is a gradual change already happening and not a sudden move so it is not going to impact valuation.

XMR is something you should be holding for the next 10 years. The market is irrational and thus current sudden increases and decreases in price aren't really relevant. Monero is going to grow in valuation over time on average. That is all that matters.

$300 INCOMING

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Well no one would say twenty-two out loud if they were talking about the day of the month either. They'd say twenty-second.
>i got a doctor appointment
>when?
>22

>tried to buy at $180
>Kraken blocked my transaction for paying a currency which doesn't match my region
>go to Binance
>price is now $250
>Binance blocks me from paying a currency which doesn't match my region
>price is now $270
I'm about to go postal with these people.

Why can't I receive Monero to a coinbase wallet?

If you're in the US, there's a seller on localmonero who accepts payment through transferwise, if you wanted to try that. Just be aware that you'll have to provide all of the same identification that you would for a KYC.

If you're not in the US, couldn't you just buy stablecoins to trade for Monero on Kraken/Binance?

Coinbase does not support Monero.

xmr is what btc should have been

Coinbase doesn't support monero and most likely never will.

Yeah the exchanges are a bunch of faggots. But you should be DCAing into monero over the long term anyway. It's mathematically provable that it's more profitable to consistently buy a chunk of a volatile asset over a long period of time rather than going all-in early and waiting for prices to go up.

yeah I know I'm buying monero because I believe in the coin but it makes me fucking furious that if these people were competent I'd have doubled my money by now

>It's mathematically provable that it's more profitable to consistently buy a chunk of a volatile asset over a long period of time r
Where? Every empirical study I have ever seen has shown that lump sum is better than DCA. DCA is now used instead to refer to being capital limited i.e. its part of your regular paycheck or whatever.

wanted to buy 100 at 140, bought small unknown amount instead, made profit but boy am i pissed

threadly reminder that this is the perfect xmr-chan

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Yeah people should have taken things to the logical conclusion with bitcoin. Bitcoin has a public ledger, Governments have access to KYC and can infer new information through heuristics. Take this to the logical conclusion and you'll realize every wallet,transaction and coin that EVER happened in BTC's history will eventually be mapped to every single individual involved with BTC.

Next take to the extreme what it means that an entire blockchain is mapped. It means that the government can treat it like normal assets and demand things like rollbacks, chargebacks, seizing of assets based on crime or wrongthink etc. At that point what is the difference between BTC and a normal bank account except that with BTC everyone knows exactly what you own and do with your money and the transaction costs are higher and it takes longer to exchange?

This is why Monero is going to win out in the very long term. You can't have a blockchain that is public or only optionally private. It has to be fully private from the ground up to actually succeed in the long term. You also need to keep rewarding miners for it to be mined forever but that is a whole other story.

My point is things like dark web/black market usage, atomic swaps or current price swings are completely irrelevant. The actual point of XMR is that it's currently the only long-term viable asset in existence in the cryptospace which is actually really weird when you think about it. That's why you slowly DCA over the long-term.

Set up a monero wallet in Cake Wallet, buy LTC in exchange, and then exchange LTC for XMR in Cake Wallet

I can explain it to you with bitcoin as an example. You're right that if you bought at the right early points and just held your max profit would be highest. However in reality you don't know where you stand in terms of valuation you only know that on average it's going to go up. Therefor from a mathematical standpoint you have to factor in all possible price points you could have bought in at and average that out and you'd see that it is actually lower than what the average person paid for their hold.

If you DCA'd into BTC from 2010 until now you'd have an average buy-in of $3000. But the median person that holds bitcoin nowadays paid $15,000. Clearly DCA would have benefitted everyone.

Similarly with XMR. You don't know valuation swings most people are going to go buy going up but if they DCA'd in they would over the long term paid way below the median.

So you have 2 options. Either do you go all-in now and take on the risk but also the reward. Or do you DCA in over time and ensure you'll buy well below the median mathematically.

>couldn't you just buy stablecoins to trade for Monero on Kraken/Binance?
yeah that's what I'm trying to do, but I work overseas remotely due to pandemic related issues and they're blocking me from paying from my overseas bank account because apparently the concept of people having more than one currency is just too fucking bizarre for people who hold 20 different shitcoins

polygon.com/2021/2/18/22289224/nvidia-rtx-3060-mining-cmp-ethereum

Aren't you glad XMR moved to RandomX?
beautiful

|Just bought 37 xmr and I'm feeling bullish

Never disclose what you hold. Dab Forums is a known honeypot and datamining place for government agencies.

words of wisdom
congrats user, now learn to say you have a comfy unknown amount

Thanks for the advice frens. WAGMI

the rtx mining ban was not something I expected, but it feels damn good to hold a coin resilient to this kind of bs

I want papers not musings. Decades of research has lump sum as better than DCA. Primarily because if the movement is secular bullish than you will "capture" more of the big moves with more of your invested capital.
For example, I cannot find a time frame where lump sum doesn't beat DCA on the same time frame except in the parabolic move back near the 2017 peak. The probabilities always just favor dumping it all in one go if you have a bullish thesis on the underlying.
See:
deseret.com/1997/6/29/19320793/lump-sum-pays-more-than-gradual-investmenthttps://static.twentyoverten.com/5980d16bbfb1c93238ad9c24/rJpQmY8o7/Dollar-Cost-Averaging-Just-Means-Taking-Risk-Later-Vanguard.pdf
irei.com/publications/article/drip-drop-vs-big-drop-analysis-whether-dollar-cost-averaging-lump-sum-investing-offers-better-performance-investors/
towardsdatascience.com/the-best-way-to-invest-in-the-market-3b4f0f50990c
There are studies that go all the way back to the 70s about this. DCA winds up being a time averaged version of "timing the market" with backloaded risks not commensurate with the upside.
This is why serious financial advisors abandoned that definition of DCA to just mean "investing at regular intervals with your paycheck". Because of those investors being capital limited but also as a means to just be consistently be in the market. Easier to remember if its day X of the month or year.

Xmr

>I cannot find a time frame where lump sum doesn't beat DCA on the same time frame except in the parabolic move back near the 2017 peak.
Yeah I think you actually agree with me but I probably explained it wrong. I didn't mean the max reward you could get is highest when DCAing. I'm saying statistically you're more likely to buy below median compared to your peers if you DCA.

You are right about lump sum not beating DCA around the parabolic move back near 2017. Guess when most people bought their bitcoin? Guess when most people bought Monero last pump?

I'm not a gambling man I want to be assured to be below the median over the long term, not take on the risk of buying at the wrong moment. Stocks aren't as volatile as crypto is so DCA makes less sense there (the risk of lump sum is lower while potential reward is higher).

It also means the GPUs I already own that are capable of mining will be worth more in the future.

how likely is it that we reach 2018 ATH?

>Bitcoin has a public ledger, Governments have access to KYC and can infer new information through heuristics.

They've been doing just that and blacklisting Bitcoin addresses with increasing regularity since 2018.

"Store of Value" lol

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>I'm saying statistically you're more likely to buy below median compared to your peers if you DCA.
You clearly didn't read any of the links (there are dozens and dozens of these periods). You can certainly try to claim that you will "buy below median" but there is zero evidence for it. Across even different asset classes such as real estate or boomer rocks or collectibles.
If you are actually long term bullish on ANYTHING the best time to buy, probabilistically speaking, is YESTERDAY. And the next best thing is today. And the last is tomorrow. It has the added benefit of removing all anxiety or management out of the equation too. Anything else is just several steps removed from trying to time a bottom or a top.
>Stocks aren't as volatile as crypto
Irrelevant. All that matters is if your bullish thesis is correct. If it isn't then DCA or lump sum wouldn't have mattered anyway.

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You can make a meme out of this.

I'll read your papers when I have the time to do so. If you're a regular to the thread then I'll be sure to tell that you were right and educated me in a future thread if this one isn't up by then.

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what kinda graph am I looking at?

xmr nonce distribution. It's a technical term but also urbandictionary.com/define.php?term=nonce

kek, did not know the urban dict definition

where do you guys think we're headed?
the only thing I don't like about all this is how you see the use of monero in transactions tank as it all goes up, and it's really the kind of coin that you really want to actually spend rather than just holding all day long

Based.

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Transactions as a share of BTC transactions are still rising. What you mean is that transaction value is slowing down but that makes sense for coins that are actually used.

Because the drugs on WHM aren't suddenly going to double in price just because XMR doubled in price. They are valued in USD and paid for in XMR so the transaction value drops. But the actual transactions are still rising due to growing adoption.

>start mining on moneroocean instead of minexmr
>get 10x more shares at same hashrate
dont know what the fuck is going on but i like it bros

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Yeah moneroocean is basically the best pool to connect to right now.

Thanks user, that's good stuff

Can someone find which interview is this from?

youtube.com/watch?v=ccJ33hLaMF0&feature=youtu.be

Also, maybe you need a monero

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so here's the deal about Monero
government bans and widespread delisting of privacy coins is pretty much a certainty. not a question of if but of when
it falls under the technical definition of money laundering so you don't even have to pass a new law to put a ban in place
on the other hand XMR/privcoins are the only option when it comes to drug dealing and dark market commerce, which is a billion dollar industry
so you have these 2 forces about to collide. alot of ppl with dump XMR once it gets banned and delisted while at the same time dark market connoisseurs will scoop up as much Monero as they can

>delisting
I'd popp my pantalons

>it falls under the technical definition of money laundering so you don't even have to pass a new law to put a ban in place
no it does not

>government bans and widespread delisting of privacy coins is pretty much a certainty.
Basic game theory and financial privacy holding up in court say otherwise.

youtu.be/REC5V7d3pqM

Take a look at this video

Hotbit. Fk binance. Idk about kraken

it does not matter if it gets delisted, there are still plenty of p2p trading sites to use. and its listed by Kraken that has a us based bank too

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use morphtoken or localmonero.co for non exchange payments. localmonero comes with like a $15-20 upcharge of market value tho

>alot of ppl with dump XMR once it gets banned and delisted

Dumping an in-demand utility that suddenly became more scarce makes sense how?

In any case, with 3 different teams currently working on atomic swaps the threat of delisting rings hollow.

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Try to get verified with uphold. Based in london but they work with me in us. I buy coin from them,send to hotbit in china, then send to my wallets. Fees are not so bad. Well xmr price has increased and fee is flat at .0015 xmr so i guess fees will just increase T_T

Dca after your initial. Swat im doin

>government bans and widespread delisting of privacy coins is pretty much a certainty
what is tor
what are torrents
what is bitcoin
you can't ban a peer to peer application. there is no precedent to banning an application like that. Decades of legal history support the right to encryption and privacy.
This fud does not match with what governments are actually doing to Monero right now, which is studying it and not talking about it (i.e. giving Monero clout).

I believe btc is not in a rational market because social judo. Everyone was sold hype and perfect money and number go up, when in reality it's flawed over hyped archaic and basically a gov endorsed honey pot. Do the opposite of what jews and the talking heads tell you.

Monero can be tracked, use zero x Monero

mOnErO CaN bE tRacKEd, UsE pAjEeT x mOnEro

No it can’t.

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lel

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at the end of the day you have to convert you XMR into real cash
does your supermarket accept Monero? drug dealers need to eat too
so if the guvmint bans XMR and no exchange is allowed to list XMR, how are you going to get get cash for your XMR?
you'd probably have to go on some shady Russian exchange and swap your Moneros to BTC, pay an insane fee, move that BTC into an exchange and then cash out.
point being is that no retail investor would ever want to hold XMR after a ban, only criminals and darknet junkies

I'm hoping for 300 eod

p2p markets, east as that. you can buy xmr with any form of payment on localmonero

Dude, you’re a faggot that thinks in absolutes. There will always be a way to exchange into and out of monero. Just shut the fuck up, you sound like a whiny little bitch.

>so if the guvmint bans XMR and no exchange is allowed to list XMR
and yet again, you are jumping to a conclusion that has literally no basis with reality.
Governments are not going to ban Monero. There is no precedent to what you are talking about. If there is, then please, enlighten me.
You are starting the question at this bizarre hypothetical that brainlets have painted for Monero, despite not actually understanding the lapses in logic that got you there in the first place. In other words, you are falling for the exact propaganda that governments want you to fall for, because governments know that they have absolutely no way of stopping Monero. Why else would the recent fincen documentation mention Monero the second most out of any crypto without mentioning anything about it being illegal? Why else did Bitcoin not get banned when it was predominately used in the dark net markets (and still is, for what it's worth, despite the recent surge in monero useage)? etc etc

Dude, shut the fuck up, you’re a faggot that thinks in binary. There will always be an easy way to exchange into and out of monero. You sound like such a whiny little faggot, do you know that? I swear to god I recognize your faggotry by now.

You must not have been around between 2011-2015 when bitcoin was actually used to buy stuff. Yeah you could buy groceries with bitcoin back then. The transaction fees became too large for that to continue but Monero is designed to lower all that. It's very possible Monero is going to be used like bitcoin in this regard. Bitcoin was first used on the dark web then online merchants and finally physical merchants. In that order it was also phased out first physical stopped accepting bitcoin then online merchants and finally the dark web when it switched to monero.

>at the end of the day you have to convert you XMR into real cash
Says who?

bump

MOONBOIS FUCK OFF REEEEEEEEEE

Imagine what happens when theres regulatory clarity via the perkins paper and coinbase lists it
Just as transactions are at ath
And the entire darknet depends on it
And family offices start recommending it as a hedge
And the emission curve crashes to 0.6

It will be every moon btc ever had compressed into one 4 month period
Its time to start believeing

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datamish.com/xmrusd/7d

Shorters are about to cry tears of fucking blood

It's just a natural consequence of Monero outperforming the market. It's only natural that over time it will attract people only in it for the pump that don't care about the philosophy behind it all as well as fudders trying to make the price go down and to justify their own mistake of not buying monero when they could.

>Run a local node
>Mine monero
>Use a personal wallet
>Buy Monero and use Monero to buy shit with (VPN as a clear legal example)

just buy cocain?

monero chad don't believe, they reason

>And the emission curve crashes to 0.6
It's not a crash, but a gradual transition. It may cause human investors to react emotionally, but there's no fundamental reason it will cause mooning.

Your other points are sound, though.

the fuck happened here

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Explain those graphs to me
I know what shorting is, however I don't get what these curves represent

>perkins paper
Never heard about it
>coinbase lists it
very doubtful to happen unless monero already has mass adoption
>And the entire darknet depends on it
certainly going to happen eventually
>And family offices start recommending it as a hedge
I can see this happen due to privacy instead of it being public knowledge who your suppliers and clients are if you'd use bitcoin
>And the emission curve crashes to 0.6
Doesn't happen and a common misconception.

short positions can stay open without time limit. The anual interest for 0.002% daily is 0.73%, for 0.006% it's 2.2%, so it's basically free. Difference between longs and shorts is only 3200 XMR, so the volume is insignificant too. I don't think shorters have a huge impact on price

2/10 b8.

If any nation bans it, they only increase the economic potential for other countries that don’t decide to ban it. These people can’t agree on whether or not to commit genocide, they will NEVER agree on sneaky internet bux.

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>perkins paper
perkinscoie.com/images/content/2/3/v7/237411/Perkins-Coie-LLP-White-Paper-AML-Regulation-of-Privacy-enablin.pdf

¿Crees que el precio de Bitcoin será más alto que el de Monero para siempre? Taking into account the limited Bitcoin's supply and the "infinite" of Monero.

>government bans XMR
god i w8 for this moment so muuuuuuuuuuch
monero will start mooning then so fucking much that i have jerk right now to this vision, finnalli i will make it, stop being poor

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Should I swap my Free Unis for this

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Already surpassed BitcoinSV mcap. I know saying monero will surpass Bitcoin is hopium because legacy trumps fundamentals, but when will monero surpass this shitcoin?

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If you see a future in crypto in general and you don't hold at least a few % of your portfolio in xmr you are a fool

What do my monero chads think of pivx, i though about buying a masternode

0xMonero is a scam but wownero is the real deal.

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pajeet trash

I need to buy XMR from ETH or BTC whenever I do. I find it annoying as hell because I lose some with gas fees alone, but it's the only option as I have the same issue you do.

I truly believe Monero has a true shot of displacing bitcoin with this as my reasoning This is not in a hopium way but in a way where I'm a holder of BTC and basically don't feel comfortable holding it in the long term because of these privacy issues. Only reason I'm holding on to it for now is to have a diverse portfolio to leverage risks against each other. I'm very slowly moving out of BTC and into XMR though.

As a PC gamer that's been looking for a new card for a while, this article fills me with a sliver of hope.

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>I truly believe Monero has a true shot of displacing bitcoin

If Monero can displace Bitcoin on the darknet based on fundamentals then there's no reason why it couldn't eventually displace Bitcoin on the clearnet based on fundamentals, its just a question of WHEN fundamentals will start to matter more than hype.

Because when you take away all the hype and hot air, what is actually left to prop BTC up?

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>what is actually left to prop BTC up?
network effect and institutional support.

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it pumped ;_;

Have about 20% but after these eth fees it seems uni is dying compared to shit like sushi and pancake. Thinking I should up by bags right around now

Keep calm and HODL. And most of all, don’t forget to swap your Monero for 0xMonero!

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youtu.be/VNfhIY5-63I

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Localmonero.co

Don't worry about the price. This is the most undervalued crypto imo.

It's so funny how obvious dynamic block size and tail emission is as a solution to these high fees. We can only tell the btc and eth maxis so much but they will continue to hand wave the problem away until they can't ignore it. Oh well.

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its going back down right?
i can grab some later right?

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20% is reasonable amount. Don't know about other coins to give you advice. However the defi market seems inflated by hype and unless you absolutely believe in the long term use I'd trade a part of it

delete and never post again

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youtube.com/watch?v=QrHsFZBab4U&t=308s

nu /g/'s darling is long on monero

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It's an irrational bull market. Prices can go every direction with no real guarantees.

I have nothing personally against this guy as he's just trying to make some side money on youtube. But he's pandering way too much to young Dab Forums culture which makes his videos unwatchable for me.

are you sure? to me he just seems like a /g/ tard like me. Luke smith is guilty of that on the otherhand

>network effect and institutional support.

That only goes so far, once it becomes glaringly obvious Bitcoin can't deliver what was promised it'll go the way of MySpace.

Its already failed to become "P2P electronic cash", now they're promising it'll become "digital gold."

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just look at the fucking btc and eth fees right now. darknet will 100000% switch to monero only

10000%

I think the idea is that lower rewards + more interest in mining due to increased adoption / popularity = more miners competing for a smaller reward = pumping price because otherwise it's not worth to mine & secure the network... Yeah, not 100% sure about this, but I think that's the idea.

i fucking hope so man

Luke Smith is just sad to watch as he tries so desperately to get validation. /g/ stopped being quality when Dab Forums split off from it and it started being about "product X" instead of the actual technology and philosophy behind things.

God damn that was beautiful.
>Bless the world
>Bless the US
>Bless the people
>Fuck jannies
>Fuck the ccp
>Fuck commies
>Fuck the technocrat elites of the US

some threads are okay. /g/ is still ahead of the curve imo. I get really good job advice there, I'd be making 50% of what i do today if it wasn't for /g/ tbqh

I'm a miner myself. The block rewards are about 0.9-1.0 XMR per block right now it doesn't suddenly drop down to 0.6. It slowly goes down every 2 minutes from its current reward to 0.6 where it stops dropping permanently. It makes no rational sense for the price to go up on may 2022.

The other night I needed to love money between exchanges. Eth and btc were both $25 estimated fees. LTC was barely 25 cents.

I understand it's not a sudden drop, and it won't be a sudden raise too. The specific date of May 2022 is supposed to warn people here that getting in before that is nice. If May 2022 has any effect on price it's going to be purely psychological, agreed.

eth fees fucking me everytime i want to buy monero with my DAI

fuck that :D

how much XMR for a monerochan harem??

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The reason the beginning of tail emission matters is because it is a novel solution that has not been implemented yet. It’s the first time tail emission will be used to compensate miners.

an unknown amount

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What are you using to get 55kh/s ?

nice art.

woah do you have a threadripper

Running a local node you need to open up ports on your router to allow traffic in, what are the security concerns with that? Also are you guys keeping your node one tor or vpn? Seems difficult to run a node on my main desktop. I do have the blockchain fully downloaded for my wallet but I haven’t opened ports on my router

comfy

lol yeah its a scam but i hold like 1200 just incase it pamps

kept this from a previous thread. may be helpful to you as a starting point

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lmao we dont care

morphtoken didnt cost me any gas fees

you can do monero swaps on nicehash

Nah.

It's better to transact through your own node it outweighs a potential port invasion by far.

I'm mining on both my cpu and gpu and I highly customized XMRig mo1 to achieve that. I have a i7 6700k but overclocked to the absolute limit always on the brink of crashing but never actually crashing. And I have a RTX 3060ti which is the most power efficient mining card out there right now. The lowest hanging fruit is to download the XMRig-mo1 from moneroocean.stream, removing the 1% fee from donation.h compiling it and then slowly highly customizing the config.json. Doing that will already give you about 80% of your peak performance your hardware allows. Be sure to run two mining instances one for GPU one for CPU.

Within a couple weeks

I'm already ripping my 3090 on ETH, then swapping it to monero. And I have already compiled XMRig without the donation. Maybe you'd get more monero if you just mine ETH with your GPU, but IDK.

honestly, I might delve deep into xmrig's code and fork it into something a little more special purpose. Might as well learn some cpp

user, I was getting 12k h/s with same cpu. Make sure you have XMP enabled. I was running it on arch linux, I have 3.2k mhz ram

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lmao

Ummmm... Why? Windows is a virus

>datamish.com/xmrusd/7d
masternodes are scams pow is the way to go

chill, arch user

i already have bought [ unknown ammount ] i have 7 k waiting and i want to buy more

lose systemd. void linux is max levels of comfy. runit is as simple as it gets for a service manager. also they were one of the first distros to add monero to their package manager

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>wanna mine XMR
>stuck using MacBook with no GPU
Dang.

This image has valid advice but the reality is that people over here overestimate their threat level by a lot. Maybe this is not something so bad because it's better to have more security than less security, but this also adds more layers of complexity that the user needs to consider.
If you want to run a node 24/7 I recommend buying a Raspberry Pi4 with an external hard drive (2 TB should be enough for a few years) and running your node there. Then you can point all of your wallets - PC & mobile - to your own node.
Overall security advice: people should encrypt their hard drives (BitLocker on Windows, LUKS on Linux) and use a Password Manager to store and generate complex, random passwords. Different from post-apocalypse doomers I also think it's ok if you backup your seed in your Password Manager even if it syncs with the cloud. I do believe Bitwarden and LastPass are good enough for 99.9999% of users and will save the lives of a lot of people on the long run, as people usually really suck at remembering and creating passwords.

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xmr is not mined on the gpu

If it has an Intel CPU and not a M1 then you're good to go.

xmr is cpu mined. although I still would not recommend mining with your lalptop

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xmr's pow algo is called randomx. it's designed for cpus and runs like shit on gpus.

Payday Tuesday + annual bonus - Going to yeet an undisclosed 4 or 5 figure sum into Monero

big dip coming in 2 weeks, buy in then.

>raspberry pi
The pi foundation recently, and silently, added microsoft's vscode repo to raspbian installs. Just use a pre-intel-me laptop with any OS advocated by the FSF.

delete i need to acumolate more

I read about it a few days ago and remember reading someone saying it's very easy to remove this repo from raspbian? It surely fucking sucks that they're adding this bullshit by default, but if it's easy to remove it completely then I think it won't bother me very much.

>Payday Tuesday + annual bonus - Going to yeet an undisclosed 4 or 5 figure sum into Monero

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It is, but how can you trust raspbian after a stunt like that? Especially for a 24/7 node that you may or may not have set up to automatically install security updates

dident monoply already switch to xmr only?

can't even imagine caring about something like that, you should be running a normal os instead of rasbian on it anyways. the real issue is the pozzed chinese cpus.

>overestimate their threat level by a lot
paranoia doesn't work retroactively. If crypto does a 100x, the risk for a long term holder can, too

>Raspberry Pi4
just did today :) first adventure into linux, let's see how that goes

>encrypt their hard drives
check (but I don't recommend bitlocker)

>Password Manager
check

>backup your seed in your Password Manager
not recommended, you just acces your pw manager far too often. Seperate encryption, if done well, is vastly superior.

Fair and true

embedding flash memory on a cpu is expensive, because it uses additional process steps. I consider it unlikely that they have anything embedded into them

Wow, thanks for letting me know! Next question, will mining XMR make my laptop a space heater?

youtube.com/watch?v=ak5TFr26BaE
Our boy Luke Smith the Chad King just made a video on monero
Trannies SEETHE and DILATE

rent free

Thoughts on pic related? Worth it, more expensive than just trading on Binance, not vaporware, etc?

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Any tips for someone starting to mine?

I forgot about Monero since 2018. Celebrated this bullrun with a dnm shopping spree. Experience was so nice and read up on the state of Monero I am convinced this is the best actual digital currency for payments.

Yes and it's probably a bad idea. Laptops aren't meant for that, way too compact.

Right, however most people don't have any kind of experience with digital security. Moreover, our contemporary society does not advocate sovereignty - on the contrary, the average citizen is completely dependent on systems that exist to save him or her from themselves. Introducing the idea of digital security, of protecting your data, of being the custodian of your own money, of having a solid and consistent backup plan... in short, introducing the idea of being completely responsible for your wealth, is a process that must be done bit by bit, otherwise there is a very real risk of the person making some mistake and losing access to their funds completely.
In this sense, the simpler and more reproducible the solution, the better. So before advocating that everyone who uses crypto should use QubesOS, it is necessary to introduce solid security elements that are easy to manage for the average, Windows 10 user.

>not recommended, you just acces your pw manager far too often. Seperate encryption, if done well, is vastly superior.
Some password managers like LastPass let you select an item to always require you to input your master password before accessing it. This makes the seed safe even if you leave your laptop with your password manager open. This is better than saving the mnemonic seed in a draft email on Gmail and believe me, I've met tons of people doing just that.

I would never buy Bitcoin there because of the chances of getting tainted coins.

here you are bro youtu.be/fSPLshChpzw?t=3087

checkeddd

we are the technocrats

What about XMR? I’m looking at some of the literature on it and it looks too good to be true.

You aren't elite though. Only to your grandmother. You will never be a Gates or Zuckerberg.

true but I'm only 2 degrees of magnitude away

If you hang out in an xmr thread, I assume you have a certain interest in lerning how to improve your digital privacy and security. Therefor I think it's good to point out options and exchange ideas.
A paper backup is the best choice for normies because it's really hard to fuck up. For that reason I'd not recommend to put it into a pw manager, everybody who uses one well enough is also able to encrypt it offline, store the resulting file whereever they want and never decrypt it on a connected machine.

>saving the mnemonic seed in a draft email on Gmail
excuse me, I think I have to puke

damn, nice lol. maybe /g/ tards will wake up

it's only beginning friends. I am so ridiculously bullish it hurts.

how do i customize the config file? everytime i start xmrig it just ignores it and starts benching every algo

just get in bros. been DCA since 130 after delisting retraction. just throw your money at it, it will be ok.

And what are those magnitudes? Killing your first born and fucking a kid on camera?

based

>you will never be a corrupt businessman getting rich from exploiting people and stealing technologies
Thank god for that

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