/XMR/ MONERO GENERAL

Sup senpai, how are you doing today?

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what happened to the MONERO: THE KING threads?

I vaguely remember those threads from the bull run, right?

if monero is so good, why can't fluffypony afford a personal trainer?

Daily transaction volume has increased 3x since january last year, but price is stuck in the 50 usd range again. Looks undervalued to me.

:D

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kek. well he made it so who cares at that point. If I ever make it, I'd probably just become even more of an alcoholic.
checked. and yeah, the daily transaction volume is the most bullish chart for Monero right now. In the past week, we were twice close to breaking our all time high in daily transactions despite a literal recession and bear market, and this past month has been the highest monthly amount of daily transactions. It proves that Monero is actually being used.
bitinfocharts.com/comparison/monero-transactions.html

can someone spoonfeed a total xmr nub? what wallets/exchanges should i use or does it stay completely private wherever it's traded?

You may use monerujo on android or cacke wallet. On a desktop I use the official cli wallet, but GUI is fine too.
Once the fundy are in your wallet, you are anonymous.
Monero has a small linear inflation, that will start in 2022. But despite the FUD the supply is not unlimited. In fact monero has the smallest inflation of all pow coins today.

exchange depends on if you want to trade in USD or BTC. Kraken is the best if you want to trade with fiat. You can just use unverified binance with VPN for BTC pair.

Isn't that the coin that fell behind LINK in market cap?

great! eating donuts, about to buy 10 more

my monero is a pretty lightweight wallet. The monero gui is also pretty cool. I've heard good things about cakewallet.
you can buy monero directly on kraken. Most exchanges have btc/xmr switches too. If you are really paranoid, you can use local monero.
>does it stay completely private wherever it's traded?
pretty much. Once you get Monero from an exchange, transfer it to your wallet. At that point, you are essentially anonymous.
This is for a few reasons:
1. Monero uses ring signatures. Meaning your transaction is mixed with 10 other dummy transactions. A person observing the block chain would have no way of telling which transaction is the real one.
2. Monero uses Ring CT, which makes the transaction amount unknown. (There's complex math behind this, but essentially it makes it so the amount of Monero you send is unknown to people observing the blockchain).
3. Monero uses stealth addresses. So instead of your public wallet address linking to your wallet, your public wallet address is mixed with the transaction, creating a one time address that only your private key can unlock. Because of this, it is impossible to know what somebodies wallet contains even if you have their public address.

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Amazing
Awaiting a tsunami of money

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this frens, who here XMR whale? and 4 digit+ holders?

what are your stacking goals?

i'm just trying to get to 100 at the moment :)

There are a few anons here with big stacks
Any man who interacts with women needs at least 100 in a wallet only he knows about

This levels the playing field

teehee :)

the biggest holder i've seen here is that guy that only holds btc and xmr and he has like 1000 BTC and 44,000 xmr or something insane like that

i'm in his camp though, it's bitcoin and monero and everything else is junk

I think theres an appeal to being a maxi but it causes you to miss a lot of value
That said btc/xmr is a reasonable portfolio especially if you dont want to spend a lot of time looking into projects

i just don't see any utility in any other projects with the proper principles to keep things decentralized

i don't like investing in scams

I wish ZKsnarks became the standard instead of monero's. The Privacy set is too small imo. Maybe lelantus will improve it.

nah, there will always be an infinite number of new coins coming out user, you need to get behind a privacy coin with a community that started as early as possible, the later the launch at this point the more centralized the coin will end up being

10k txs is a small privacy set?

good time to accumulate boys

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monero uses zero knowledge proofs called bulletproofs. And Monero's privacy set is far larger than every other privacy coin, so don't really know what you are referring to.
I unfortunately lost all my monero keys in a tragic boating accident :(
yeah. I think Ethereum has a lot of smart people working on it but the amount of scams is such a turn off.
yep. Anything under $100 is black friday super deal. Monero is absurdly undervaued.

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$50 XMR is the deal of the decade for sure

bump

I will buy your bags when you capitulate at 0.0065 sats again, and then sell them back to you. Have a great day user

shill me xmr against zano

link is a scam with no use case tho lol

Been around longer, better name recogntion

Has people actually using it to buy real things with

Solid, established community


Wtf is Zano again... literally ..

Not trying to be an ass .. but gl with your "come late to the party" shitcoin

And why the constant need to try to bring it up in Monero threads - that just makes it seem even scammier if it can't stand on its own.

what the fuck is zano?

really all you need to know.