$ (XMR) Monero

greenthrowaway said:
So if your state has a KYC exchange with bank account linking just buy tether, withdraw USDT to KuCoin, trade USDT/XMR, withdraw XMR to exodus. Keep your seed safe so you can access the wallet if you ever need to wipe your HD.
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Lmao shit like that reminded me when you had to do stuff like convert BTC to Linden Dollars or some shit, then sell those for USD and cash that out via PayPal. You had to do so many ridiculous things. Finally there were ways of buying Green Dot Money Paks (basically a virtual gift card you could turn into USD).

Or meet some dodgy dude and sell it for cash in person.
 
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Return of the Freaker said:
https://cointelegraph.com/news/kraken-to-delist-monero-for-uk-customers-by-the-end-of-november

Kraken to delist Monero for UK customers by the end of November​

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I remember seeing monero available on multiple Australian exchanges in the past. Out of curiousity, I checked today and it looks like it has been delisted from every local exchange. I'm not sure when that happened and don't recall ever reading anything about it. Besides the UK, and Australia, has anyone experienced this elsewhere? Never owned monero, but now interested in perhaps mining it.
 
grasshoppermustard said:
I remember seeing monero available on multiple Australian exchanges in the past. Out of curiousity, I checked today and it looks like it has been delisted from every local exchange. I'm not sure when that happened and don't recall ever reading anything about it. Besides the UK, and Australia, has anyone experienced this elsewhere? Never owned monero, but now interested in perhaps mining it.
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There's peer to peer services that allow a lot of different payment options. It's not as beginner friendly as a normal exchange though. LocalModero.co is a start. Dig a few pages into a search engine and you'll find other options.
 
grasshoppermustard said:
I remember seeing monero available on multiple Australian exchanges in the past. Out of curiousity, I checked today and it looks like it has been delisted from every local exchange. I'm not sure when that happened and don't recall ever reading anything about it. Besides the UK, and Australia, has anyone experienced this elsewhere? Never owned monero, but now interested in perhaps mining it.
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That's from last year and their U.S.-facing site still has it available purchasable with USD.
 
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Monero has been doing ridiculously well this month. I don't know much about crypto but I do know it's made me more money than ETH and BTC combined. Hope it continues.

Edit:
Why is it sky rocketing today?
1648319267681.png
 
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Superman93 said:
View attachment 3111351

Monero has been doing ridiculously well this month. I don't know much about crypto but I do know it's made me more money than ETH and BTC combined. Hope it continues.

Edit:
Why is it sky rocketing today?
View attachment 3111429
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Outflow of capital from Russia. Also people seeing value in anonymized wealth after Canada froze trucker accounts from their banks and investment firms.
 
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Popping in because my Monero usage has increased significantly over the past 2 years.

For me, it’s become the first crypto of choice for donating to banned people and orgs.

I’d like to add that the site Accepted Here has a list of people and businesses that accept Monero


And for the last two years I’ve experimented with a handful of wallets for mobile. The two I use the most are MyMonero and Cake Wallet.

Both have the ability to swap XMR into BTC. (And done correctly you can easily make BTC more private via Samouri Wallet’s built in features.)

Here’s my process for obtaining Monero:

1) Mine an alt coin and take the payment directly to Trade Ogre. This is a non-KYC exchange.

2) Sell the alt coin, buy Monero

3) withdraw

Lol. I’m only mentioning that because at some point I do need BTC. This is when I take advantage of the the swap/exchange features in both Cake Wallet and MyMonero. And while Exodus supports multi currency and has an exchange feature, the minimums exchange amounts are often too high. On Cake Wallet and MyMonero I exchange as little as $15 worth of XMR for BTC.

Mobile wallets are kind of trash but I’d suggest MyMonero over Cake Wallet. But I do suggest multiple wallets to increase privacy.

MyMonero let’s you create multiple wallets inside of the app to better segregate your activity. Each one has its own seed phrase. This is the only mobile and desktop wallet that I know of that does this.
 
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Symalsa said:
Popping in because my Monero usage has increased significantly over the past 2 years.

For me, it’s become the first crypto of choice for donating to banned people and orgs.

I’d like to add that the site Accepted Here has a list of people and businesses that accept Monero


And for the last two years I’ve experimented with a handful of wallets for mobile. The two I use the most are MyMonero and Cake Wallet.

Both have the ability to swap XMR into BTC. (And done correctly you can easily make BTC more private via Samouri Wallet’s built in features.)

Here’s my process for obtaining Monero:

1) Mine an alt coin and take the payment directly to Trade Ogre. This is a non-KYC exchange.

2) Sell the alt coin, buy Monero

3) withdraw

Lol. I’m only mentioning that because at some point I do need BTC. This is when I take advantage of the the swap/exchange features in both Cake Wallet and MyMonero. And while Exodus supports multi currency and has an exchange feature, the minimums exchange amounts are often too high. On Cake Wallet and MyMonero I exchange as little as $15 worth of XMR for BTC.

Mobile wallets are kind of trash but I’d suggest MyMonero over Cake Wallet. But I do suggest multiple wallets to increase privacy.

MyMonero let’s you create multiple wallets inside of the app to better segregate your activity. Each one has its own seed phrase. This is the only mobile and desktop wallet that I know of that does this.
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Is there anything compatible with Windows 10 Home and Ledger hardware wallets? I used to use the monero GUI but I formatted my computer about 6 months ago and accidently installed Windows Home edition and it won't allow the blockchain to sync properly. I've been constantly mining but haven't been able to check my balance or move money around in months.
 
ForTheHoard said:
Is there anything compatible with Windows 10 Home and Ledger hardware wallets? I used to use the monero GUI but I formatted my computer about 6 months ago and accidently installed Windows Home edition and it won't allow the blockchain to sync properly. I've been constantly mining but haven't been able to check my balance or move money around in months.
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First: do you have your view key for address? That would at least give you the option to watch an address.

Second: https://mymonero.com/ Wallet works with Windows.
 
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Symalsa said:
Mine an alt coin and take the payment directly to Trade Ogre.
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I suppose you're talking about the MoneroOcean mining pool? I've been happy with them: No mining fee, really low min amount for withdrawals. Plus about 2x profit compared to regular monero mining as their customized XMRig client automatically switch to the most profitable coin you can mine at the moment.

I'm half way to True & Honest :)


ForTheHoard said:
I used to use the monero GUI but [...] it won't allow the blockchain to sync properly.
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I've found using the daemon in command line to works better, might just be placebo tho.
Code: 
cd C:\Program Files\Monero GUI Wallet
monerod.exe --prune-blockchain --data-dir D:\moonero
Always make sure the daemon is totally stopped before turning off your computer, and be patient, it takes over a week to sync over ADSL.
 
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Shovel Mech Pilot said:
I am possibly retarded but I can't understand how Monero preserves anonymity.
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Coins like Bitcoin and Ethereum are fully doxable because the blockchain, which is public, contains all the transactions: sender, receiver, and amount.
In Monero what goes on the public blockchain is the output of some mathemagic which hides the sender, receiver, and amount of every transaction but still allows tokens to be moved around, and wallet owners to check their own balances.
 
Kosher Dill said:
Coins like Bitcoin and Ethereum are fully doxable because the blockchain, which is public, contains all the transactions: sender, receiver, and amount.
In Monero what goes on the public blockchain is the output of some mathemagic which hides the sender, receiver, and amount of every transaction but still allows tokens to be moved around, and wallet owners to check their own balances.
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So the people who run the Monero blockchain have some type of private key that encrypts the transaction data or something like that? If so, wouldn't that present a huge security risk if the key was ever leaked or stolen?
 
Shovel Mech Pilot said:
So the people who run the Monero blockchain have some type of private key that encrypts the transaction data or something like that? If so, wouldn't that present a huge security risk if the key was ever leaked or stolen?
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Yeah it would, which is why that's not at all how Monero works at all. It hides data using a combination of ring signatures, zero-knowledge proofs, and stealth addresses, all of which are trustless mechanisms.
 
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Quioui said:
I suppose you're talking about the MoneroOcean mining pool? I've been happy with them: No mining fee, really low min amount for withdrawals. Plus about 2x profit compared to regular monero mining as their customized XMRig client automatically switch to the most profitable coin you can mine at the moment.

I'm half way to True & Honest :)
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Sorry, I should’ve been more clear. I have a gpu mining Ergo, then I sell that for Monero.

Nice job on getting to True and Honest!
 
Monero is the #1 cryptocurrency.

Bitcoin is expensive because it was first and appeals to normies.
Ethereum is expensive because it powers Web 3.0 for better or for worse.
Monero is expensive and will continue to be more and more expensive due to it's utility.
 
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