<t​rasherdk:monero.social> Okay, testnet coins on their way. 0.02 XMR in fee 🥶

Which wallet do you think is better? The cake wallet or monerujo?

Also have any of you heard things about Unstoppable Wallet?

<b​tclovera:matrix.org> both are great wallets. Personally i use Monercom (By cakewallet)

<m​onerobull:matrix.org> might be closed source

<m​onerobull:matrix.org> ive only ever heard of them because it was the only functioning zcash wallet at the time and i needed an address to post for a giveaway

<m​onerobull:matrix.org> still remember that it was really clunky and ugly though

<r​ottenwheel:kernal.eu> matrix.monero.social/_matrix/media/…/kernal.eu/SxXUGSeVDSUHUDybyfpyhSNO

<r​ottenwheel:kernal.eu> Binance is officially delisting XMR on 2024-02-20. binance.com/en/support/announcement…20-f73b083ba6834771b07dbe5319917ae5

<k​4r4b3y:karapara.net> finally

<t​rasherdk:monero.social> matrix.monero.social/_matrix/media/…ero.social/MUMyfsktVAlBwCrsXcAoPOWy

<t​rasherdk:monero.social> I just found this thing. No XMR 😎 Other exchanges here does sport XMR.

<m​onerobull:matrix.org> finally

<m​onerobull:matrix.org> i might just go all in

<g​uest880:matrix.org> Can you hold USDT in cakewallet?

<1​23bob123:matrix.org> Dunno have a look in wallet

<c​haserene:matrix.org> YES. good riddance. what a gift for the 10th birthday of Monero!

<g​uest880:matrix.org> Yeah im new to the Cake Wallet game Dan, im trying to separate my XMR, I guess I make a new wallet inside Cake?

<r​une_door:matrix.org> Usually when they delist a coin like this on big exchange how long does it take to stabilize?

<m​onerobull:matrix.org> binance is THE cex

<e​leurt:matrix.org> Is it true that Binance is delisting Monero? What does today's plunge mean?

<m​onerobull:matrix.org> yup

<m​onerobull:matrix.org> 2 weeks from now

<m​onerobull:matrix.org> announced today

<1​23bob123:matrix.org> What date will be the party?

<r​une_door:matrix.org> You bringing tacos?

<m​onerobull:matrix.org> 20th

<e​leurt:matrix.org> Should I sell it now?

<e​leurt:matrix.org> If Monero is delisted from Binance, there will be no place to trade it in the future.

<e​leurt:matrix.org> Am i right?

if you don't know other places, it doesn't mean there are no other places

<e​ndor00:matrix.org> Kraken is still there

<e​ndor00:matrix.org> And there are still other non-cex platforms

<e​leurt:matrix.org> Kraken will delist it

<e​ndor00:matrix.org> [[Citation needee]]

<e​ndor00:matrix.org> *needed

<m​onerobull:matrix.org> serai.exchange

<m​onerobull:matrix.org> or seraiswap.finance lmao

<m​onerobull:matrix.org> bad move

<m​onerobull:matrix.org> how people didnt see this coming is beyond me

<m​onerobull:matrix.org> is that a real bridge

<m​onerobull:matrix.org> or like secrets garbage?

no idea

but like I said on reddit, if there's demand there WILL be supply

Binance, Kraken can delist every day if they want

It's too late to stop Monero simply by delisting on some centralized exchange

<m​onerobull:matrix.org> as long as serai doesnt blow up there is no reason to be concerned

<m​onerobull:matrix.org> and even if it does, monero will still work

<m​onerobull:matrix.org> but id really dont like that to happen

<k​4r4b3y:karapara.net> Monero is a bigboy now.

<e​leurt:matrix.org> I had been saving up some Monero and was planning to sell it for $190 today, but it plummeted more than 20% in just one day. It feels like lightning struck

<j​ordan_sanchez:matrix.org> Delistings should encourage us to build circular/parallel/alternative/underground/grey/black markets.

$190? lol

it didn't have this price for a long time, why did you expect 190?

<j​ordan_sanchez:matrix.org> Save 20 XMR, and wait 20+ years.

Expect it in March probably, after Binance situation blows over

<j​ordan_sanchez:matrix.org> Anything over 20 XMR spend, and replace.

<m​onerobull:matrix.org> anything over, put up for liquidity

<m​onerobull:matrix.org> thats the real move

<j​ordan_sanchez:matrix.org> What do you mean?

<m​onerobull:matrix.org> put it up for trade on samourai swaps, set up a market maker script on basicswapdex, put it in a serai liquidity pool once thats live

<m​onerobull:matrix.org> etc

<k​4r4b3y:karapara.net> Masses being impulsive sheep as always.

<1​23bob123:matrix.org> So no moon?

<k​4r4b3y:karapara.net> Fud does wonders on the masses

<j​ordan_sanchez:matrix.org> Like a Monero equivalent to The Stock Market?

<m​onerobull:matrix.org> well

<k​4r4b3y:karapara.net> Buy DogElon

<m​onerobull:matrix.org> monero is traded

<m​onerobull:matrix.org> and trading needs liquidity

<j​ordan_sanchez:matrix.org> I mean XMR > USD/Fiat though.

<m​onerobull:matrix.org> you can provide liquidity for that too

<c​haserene:matrix.org> Bisq is a decentralized exchange for pairs with BTC, including fiat. the XMRBTC pair has been working since May 2016. bisq.network

<m​onerobull:matrix.org> its just a lot more manual lol

<m​onerobull:matrix.org> i would not recommend bisq at this point in time

<m​onerobull:matrix.org> just use samourai swaps or wait for haveno

<k​4r4b3y:karapara.net> Haveno mainnet nowww!!

<c​haserene:matrix.org> why?

<1​23bob123:matrix.org> Soon™️

<m​onerobull:matrix.org> they take feees and are p2p. samourai swaps doesnt take fees and is atomic

<j​ordan_sanchez:matrix.org> Do you mean like swaps, like from BCH to XMR, or something?

<m​onerobull:matrix.org> yeah

<m​onerobull:matrix.org> in a very simplified way: if you have monero, you can make it available for others to trade

<m​onerobull:matrix.org> you just need a solid plan

<m​onerobull:matrix.org> if you have a solid, thought-out strategy, the risk of providing liquidity can be really minimized

<j​ordan_sanchez:matrix.org> Kind of like how someone else borrows a share while short selling stocks?

<m​onerobull:matrix.org> for example if you had a place to dump dirty bitcoins for spot price, you cant really loose anything by selling monero through samourai swaps for a 1% premium

<m​onerobull:matrix.org> as long as you account for spikese in transaction fees, have a sane minimum trade amount and dont just go offline for long stretches of time

<c​haserene:matrix.org> fees are negligible (if you pay the fee in BSQ, taker fee is 0.575%, maker is 0.075%), malicious trade partners are very rare, and if you run into one, the Bisq DAO will reimburse your loss. Samourai swaps are a great initiative, but it's BTC-only and for now serves takers only in the BTC->XMR direction.

<m​onerobull:matrix.org> well

<m​onerobull:matrix.org> youre still paying fee + spread

<m​onerobull:matrix.org> and bisq is also btc-xmr only

<m​onerobull:matrix.org> youll pay a ton of tx fees and wait forever with bisq

<m​onerobull:matrix.org> and need to get BSQ

<m​onerobull:matrix.org> literally just wait for haveno lol

<c​haserene:matrix.org> you can eliminate the spread if you market make. if you want to just fill an order, you can do that in *both* directions. and then on the same platform you can off-ramp into fiat. buying BSQ is 3 clicks, if you are impatient, you can pay higher fees

<c​haserene:matrix.org> I'm looking forward to Haveno and to ditching Bisq, but I wanted to mention solutions that are available now

<k​4r4b3y:karapara.net> Haveno can't arrive sooner.

<m​onerobull:matrix.org> give it a handful of weeks

<k​4r4b3y:karapara.net> 2 moar werkd

<k​4r4b3y:karapara.net> Weeks*

<s​omeoneelse495495:matrix.org> Hi, sorry to disturb you monerobull could you approve my reddit post. The bot categorized it as trading related 💀

<m​onerobull:matrix.org> sure

<m​onerobull:matrix.org> approved

<m​onerobull:matrix.org> (no approvals needed on monero.town btw ;D)

<s​omeoneelse495495:matrix.org> you're right I should do an account

<m​onerobull:matrix.org> let me know once youve done so

<m​onerobull:matrix.org> there is actually 1 approval needed and thats for the initial account

<s​omeoneelse495495:matrix.org> I wont until tomorrow so you can chill

<g​uest880:matrix.org> what is atomic?

<m​onerobull:matrix.org> Only two, cryptographically secured outcomes

<m​onerobull:matrix.org> You either get the coins or the trade fails

<m​onerobull:matrix.org> No bullshit like on bisq where you could receive only partial amounts

<g​uest880:matrix.org> oh ok, do you set up the Samourai whirlpool-gui for this?

<m​onerobull:matrix.org> no

<s​omeoneelse495495:matrix.org> I swear if BasicSwap was stable and running on deskto p (or web) everyone would be using it

<m​onerobull:matrix.org> you need samourai wallet app

<m​onerobull:matrix.org> and then code.samourai.io/wallet/comit-swaps-java/-/releases/0.0.18-beta

<s​omeoneelse495495:matrix.org> I stopped using Samourai wallet when they removed the price indicator

Lovera "personally i use monerocom by cakewallet" they also sponsor you, dont forget to mention that 😄

<g​uest880:matrix.org> Ok I see

<c​haserene:matrix.org> monerobull: you seem to have a real beef with Bisq. can you go into details as to why? btw, what you said is incorrect, there are no "partial amounts" in failed trades

<m​onerobull:matrix.org> personally i use trocador.app/en/?ref=YFJL36Szy7

<j​ordan_sanchez:matrix.org> matrix.monero.social/_matrix/media/…matrix.org/uArGSvngWNcoZVMnjNlHXrXu

<m​onerobull:matrix.org> arbitrators can decide partial payouts, no?

<j​ordan_sanchez:matrix.org> Don’t worry Kevin O’ Leary will save us.

<g​uest880:matrix.org> Wait is that better to use than Samourai?

<c​haserene:matrix.org> oh, you mean that. yes, they can. however, if you were scammed by the trading partner (so the trade failure wasn't because you didn't deliver on your duties), you get 100%

<m​onerobull:matrix.org> bisq is just damn slow and expensive because its based on btc. they show zero regard for monero, their pair with the most volume, just because maxis will cry when they arent "bitcoin only" anymore

<m​onerobull:matrix.org> not in a technical sense

<m​onerobull:matrix.org> in a practical sense it is but its going through centralized instant swappers

<m​onerobull:matrix.org> its easier to use but compared to atomic swaps, incredibly insecure

<g​uest880:matrix.org> Now I don't know whether to use Trocador.app or Samourai. Although im looking at Trocador.app it seems pretty nice

<g​uest880:matrix.org> and you can just use there web browser for it?

<m​onerobull:matrix.org> you just have to know this:

<m​onerobull:matrix.org> sending 100k of tainted bitcoin through trocador will likely get it frozen

<s​omeoneelse495495:matrix.org> you just needed to say bisq is damn slow. BECAUSE HELL IT IS DAMN SLOW.

<g​uest880:matrix.org> Ahh

<s​omeoneelse495495:matrix.org> No one use bisq because of that

<m​onerobull:matrix.org> sending 100k of tainted bitcoin through atomic swaps, youll make the swap and thats it.

<s​omeoneelse495495:matrix.org> everyone remember when a genius sent some cents of tainted ether (out of Tornado Cash) to ban wallets of celebrities

<m​onerobull:matrix.org> yeah although that is mainly a problem thanks to the account model

<m​onerobull:matrix.org> which ironically makes eth itself more fungible

<c​haserene:matrix.org> yes, it's slow. still, it works for a wide range of amounts, up to quite large. I'm looking forward to Serai and Haveno launching in production and reaching the same level of functionality.

<g​uest880:matrix.org> @monerobull when downloading this code.samourai.io/wallet/comit-swaps-java, it says I need whirlpool installed is that right?

<g​uest880:matrix.org> Well, actually its a batch file I tried to run

<m​onerobull:matrix.org> no, you dont need anything else

<m​onerobull:matrix.org> just the samourai app

<g​uest880:matrix.org> Yeah your right

<m​onerobull:matrix.org> download from here code.samourai.io/wallet/comit-swaps-java/-/releases

<m​onerobull:matrix.org> set up the mobile wallet, export pairing load, launch with abs, backup the monero wallet and youre good to go

<g​uest880:matrix.org> Ok I will try this, im a little new and trying to get more xmr and not that tech savy, but i think I can try.

<m​onerobull:matrix.org> if youre only looking to buy xmr with bitcoin, then you dont even need to launch the abs

<g​uest880:matrix.org> no. more looking to buy with USDT

<m​onerobull:matrix.org> oh ok

<m​onerobull:matrix.org> in that case id recommend tradeogre

<g​uest880:matrix.org> is that better you think?

<m​onerobull:matrix.org> tradeogre is also a centralized exchange but probably the best option for USDT to xmr

<g​uest880:matrix.org> I guess I could always convert my USDT to BTC

<m​onerobull:matrix.org> yeah but then you might as well convert it to XMR directly

<g​uest880:matrix.org> Its a KYC exchange?

<m​onerobull:matrix.org> no

<g​uest880:matrix.org> You think I get a better deal on tradorge than going through LocalM?

<m​onerobull:matrix.org> probably

<g​uest880:matrix.org> Is there a wallet you recommend to hold USDT? I'm trying to take my USDT out of big exchange and move it over.

<c​haserene:matrix.org> if ERC20, take a look at Frame.sh

<m​onerobull:matrix.org> ledger + metamask

<m​onerobull:matrix.org> although i dont like ledger all that much

<g​uest880:matrix.org> I was going to say, I heard some bad things about ledger

<g​uest880:matrix.org> I'm guessing there is no good way to not tie it to my big exchange the USDT i take out, so I can switch a good amount of it to XMR?

<m​onerobull:matrix.org> well

<m​onerobull:matrix.org> it will be visible that you deposit to tradeogre

<g​uest880:matrix.org> trying to mitagate paper trail if I can

<m​onerobull:matrix.org> thats the problem with transparent chains, you cant

<g​uest880:matrix.org> No kind of wallets help mitigate taking your coins from a big exchange and then transferring to different wallets maybe, I don't know if thats a thing?

<m​onerobull:matrix.org> you could tornado it but thats quite technical and probably worse than just sending to tradeogre

<g​uest880:matrix.org> Ok I see, I would like to send some to cake wallet just because I use that for XMR, but wasn't sure if thats a good idea

<m​onerobull:matrix.org> Sure you can send from exchange to cake to ogre

<m​onerobull:matrix.org> Wait

<m​onerobull:matrix.org> Do you have eth on cake?

<g​uest880:matrix.org> Not yet

<m​onerobull:matrix.org> The cheapest would be to send directly from exchange to ogre and withdraw via TRON

<g​uest880:matrix.org> I have a little ETH on big exchange

<m​onerobull:matrix.org> If you send it to cake first, you'll need to approve the USDT token which costs eth

<m​onerobull:matrix.org> Ogre gives you a regular address to deposit to, I'd withdraw directly from the exchange to there

<g​uest880:matrix.org> Oh ok

<g​uest880:matrix.org> Like you said, it doesn't matter if I send it to a CakeWallet first, then send it to ogre it isn't going to hide anything I guess

<p​olar9669:matrix.org> With transparent chains you can’t hide anything 😅

<g​uest880:matrix.org> There's no easy way out, lol

<p​olar9669:matrix.org> Put a nft on sale, buy it yourself

<g​uest880:matrix.org> Oh true, I have to learn how to make an NFT now

<g​uest880:matrix.org> Is there recommended where to get started with putting and NFT for sale?

<t​hemisplacedphilosopher:matrix.org> USDT is very unsafe. If you must keep a stablecoin, you should consider USDC on Stellar network. You can use LobStr wallet+LobStr vault. You can keep LobStr wallet on one device and LobStr vault on another device. You can also withdraw cash at select Moneygram outlets.

<g​uest880:matrix.org> Oh, interesting, I only got USDT because I didn't want to put my gains back into Fiat and I thought there was more pairings for USDT

<t​hemisplacedphilosopher:matrix.org> Fed might take some action against Tether. Even JP Morgan issued a warning about USDT this week. You are better off with USDC.

<1​23bob123:matrix.org> If you like the de pegging

<g​uest880:matrix.org> Ok, yeah that's true, there getting quite big now, and goverment doesn't like that to much, and they only have something like 60 employees and are worth billions now. Kinda crazy

<t​hemisplacedphilosopher:matrix.org> You can actually convert any currency into a stablecoin. You can buy Monero in the spot market and short it in the futures market at the same price. In fact, you will likely earn some funding fees.

<g​uest880:matrix.org> Oh yeah, that's a good idea, what exchange would you do that at?

<t​hemisplacedphilosopher:matrix.org> Binance will continue with continue with XMRUSDT futures. It is a good option.

<t​hemisplacedphilosopher:matrix.org> Binance will continue with XMRUSDT futures. It is a good option.

<g​uest880:matrix.org> I can't get on Binance, unless they are doing non-kyc

<g​uest880:matrix.org> I did tried to apply to Binance US, but they wouldn't approve me, but they probably don't do XMRUSDT futures in the US anyway

<t​hemisplacedphilosopher:matrix.org> CoinEx doesn't require KYC.

<g​uest880:matrix.org> Ok im looking at that, do you use CoinEX?

<t​hemisplacedphilosopher:matrix.org> Yes. It has very low fees.

<t​hemisplacedphilosopher:matrix.org> The app is also very good. You can use Authenticator for verification.

<g​uest880:matrix.org> Ok nice

<g​uest880:matrix.org> Is that how you change your Fiat that you have first then buy XMR?

<g​uest880:matrix.org> Like will you go from Fiat > BTC > XMR ?

<t​hemisplacedphilosopher:matrix.org> You can do that at multiple places. I don't usually convert fiat to crypto as I earn in crypto. I sometimes convert crypto to fiat. I know some regular traders.

<t​hemisplacedphilosopher:matrix.org> On CoinEx you can buy or sell USDT for fiat.

<g​uest880:matrix.org> Actually since you told me about USDT, I converted my USDT to USDC, it was a free option anyway

<g​uest880:matrix.org> I left a little USDT though

<t​hemisplacedphilosopher:matrix.org> You can convert USDC to fiat as well.

<g​uest880:matrix.org> Yeah I like that idea of putting it in that LobStr wallet you talked about with the vault

<t​hemisplacedphilosopher:matrix.org> matrix.monero.social/_matrix/media/…matrix.org/VIRdMhdSjomfnFxjvlaBnktT

<t​hemisplacedphilosopher:matrix.org> Yes that is a good option

<g​uest880:matrix.org> You have to tie your bank account to get the fiat option though right?

<t​hemisplacedphilosopher:matrix.org> Not in LobStr.

<t​hemisplacedphilosopher:matrix.org> youtu.be/Rad8xcICPu8?si=XnD6mk7xYkVv6N2L

<t​hemisplacedphilosopher:matrix.org> If you use LobStr you can just walk into a Moneygram outlet and collect cash.

<g​uest880:matrix.org> Oh nice, thats pretty cool

<g​uest880:matrix.org> This just makes we worried though, there going to make USDC a CBDC : /

<t​hemisplacedphilosopher:matrix.org> On CoinEx the payment method depends on where you are located.

<g​uest880:matrix.org> Isn't the goverment involved in USDC?

<t​hemisplacedphilosopher:matrix.org> It is hard to tell. If you wish to avoid government and centralized systems, at the moment Monero is the only viable option. USDC and USDT both can be frozen.

<g​uest880:matrix.org> Yeah true

<g​uest880:matrix.org> What price are you looking at for XMR to grab right now since its falling?

<t​hemisplacedphilosopher:matrix.org> Just buy if you want to buy. I always say, it's a currency so we can use it or trade it. It only takes a small amount to hedge. If the price holds above today's low, we could be back to 160s within a week. If it breaks today's low tomorrow, then just open a short position in futures to hedge.

<g​uest880:matrix.org> Yeah, that sounds reasonable

<n​eosavage:matrix.org> odysee.com/@AlphaNerd:8/bad-opsec-how-the-feds-traced-a-monero:5

<e​ndor00:matrix.org> ^ this is like the 10th repost in less than two days

when murica wake up, it will be rough

Why

<p​olar9669:matrix.org> Murica already woke and they don’t have Binance exposure officially

<l​ordx3nu:matrix.org> Yeah. Although the news is going to scare the normies for a few days until that wears off and then it's back to normal

Fundamentals didn't change. Monero is still a rock solid privacy coin with a few upgrades coming soon

Shake out a few apes to get cheap XMR? Of course!

<l​m:matrix.baermail.fr> Withdrawals on binance are disabled. moneroj.net/withdrawals

ahahahahaha

how do they check for enabled/disabled? Binance status says it's enabled

<l​m:matrix.baermail.fr> where do you see it on Binance ? I can't find a status for xmr here binance.us/status

search for XMR

oh, it's already suspended there, lol

"Low Hot Wallet Balance"

<p​olar9669:matrix.org> Already ran out of xmr ?

yes

<p​olar9669:matrix.org> Good, now they all can settle in stable coins

<p​olar9669:matrix.org> Sell it to zero lol

<p​olar9669:matrix.org> matrix.monero.social/_matrix/media/…matrix.org/WqpjjFGxHDxXCFsLBWPRGGSw

not guaranteed, yes

plus closed withdrawals, that's a definition of rug pull

"Good, now they all can settle in stable coins"

Thats not good

they can't

Binance straight up said "not guaranteed"

So it confirm they sold the XMR long ago

Withdrawals of these token(s) from Binance will not be supported after 2024-05-20 03:00 (UTC).

Delisted tokens may be converted into stablecoins on behalf of users after 2024-05-21 03:00 (UTC). Please note that the conversion of delisted tokens into stablecoins is not guaranteed. A separate notification will be made before the conversion where applicable, and the stablecoins will be credited to users’ Binance accounts after the conversion.

<k​4r4b3y:karapara.net> Lol shitshow

<k​4r4b3y:karapara.net> Good riddance

<k​4r4b3y:karapara.net> We will have our own exchanges with decentralization and hookers

<p​olar9669:matrix.org> Been running fractional reserve for a long time.

<g​fdshygti53:monero.social> Not enough of them but yeah

<g​fdshygti53:monero.social> That can only improve... I guess, especially that all the CEX are running away... one at a time

<k​4r4b3y:karapara.net> Scums

<k​4r4b3y:karapara.net> It will be painful for the short term. But if Monero survives, it will be stronger than ever.

<p​olar9669:matrix.org> I hope more exchanges like TO come, no Fiat on-ramps is fine

<p​olar9669:matrix.org> Why it won’t survive ?

<g​fdshygti53:monero.social> We also need more decentralized exchange that support fiat.

<g​fdshygti53:monero.social> We have like only LocalMonero that is usable right now and they obey USSA admins so who know what can append to them in the future.

<g​fdshygti53:monero.social> Need Haveno yesterday

<k​4r4b3y:karapara.net> I think it will survive

<g​fdshygti53:monero.social> It will survive

<k​4r4b3y:karapara.net> Haveno is needed yesterday. Serai is needed tomorrow.

<o​cean:matrix.thisisjoes.site> whats the holdup with haveno

<k​4r4b3y:karapara.net> Anybody's guess

<p​olar9669:matrix.org> TO works fine for now, more such exchanges need to pop out till dex are built

more exchanges like TO?

say no more

<k​4r4b3y:karapara.net> TO ?= TradeOgre ?

i hope beta ends in few weeks

<g​fdshygti53:monero.social> Yeah

<p​olar9669:matrix.org> Buy some white label exchange software ?

<g​fdshygti53:monero.social> TO is like the only CEX I use for monero lol (no fiat but it work to exchange to other scams)

basicswap should be usable this week 🤞

<p​olar9669:matrix.org> Work on UI, this looks like 1990s

<k​4r4b3y:karapara.net> Any guides on running this?

No javascript it is, no cloudflare, tor

<t​rasherdk:monero.social> It seems, not everybody is equally enthusiastic about the delisting 😆

<t​rasherdk:monero.social> matrix.monero.social/_matrix/media/…ero.social/vDTHIgoflnIVyRTqSfFsCcEP

there will be improvements but options are limited

<k​4r4b3y:karapara.net> FUD gets to the sheep

Open interest up 88%, volume up 1000%

<k​4r4b3y:karapara.net> NGU!!

cryptometer.io/data/binance/xmr/us value in vs out is only 11% different, not 25

Flat for xmr/btc too

151 btc buys, 15r btc sells

Looks like fkn paper trading at its finese

Finest

154btc* sells

<p​olar9669:matrix.org> Binance at its best

Shorts getting liquidated too. 500k long liqs 250k short liqs

(on binance)

<p​olar9669:matrix.org> Retail shorts, Binance has special accounts like FTX

<p​olar9669:matrix.org> Where max volume is there ?

<h​bs:matrix.org> What are we gonna bitch about once the delisting is done?

<g​fdshygti53:monero.social> lol, was thinking similar.

<g​fdshygti53:monero.social> Finally the biggest CEX delist.. yay

<g​fdshygti53:monero.social> other one are so small and insignifiant.

<g​fdshygti53:monero.social> like last one Okex, did barely anything to the price

<p​olar9669:matrix.org> Haveno ? Serai ?

<g​fdshygti53:monero.social> Yep, bring my Haveno to mainnet, now!

<g​fdshygti53:monero.social> Wen Serai?

<p​olar9669:matrix.org> Is it ready for mainnet ? No point rushing it as there isn’t going to be much liquidity anyways.

<g​fdshygti53:monero.social> Good question, used the beta many time without issue but I assume there reasons.

<t​hemisplacedphilosopher:matrix.org> Once we have a Dex, they cannot manipulate the price so easily. They could not move ANT as it is listed on Uniswap. Liquidity pools help the price.

<g​fdshygti53:monero.social> Wep, DEX won't have the leverage and the paper monero

<m​onerobull:matrix.org> lool

<m​onerobull:matrix.org> monero on kraken is 129

<m​onerobull:matrix.org> on coingecko its 124

<p​olar9669:matrix.org> Bisq is a dex

<m​onerobull:matrix.org> bisq is a shitty dex

<m​onerobull:matrix.org> not very liquid, high spread

kraken 130.14 binance 124.7

<g​fdshygti53:monero.social> Just port XMR to BlockDX

<g​fdshygti53:monero.social> At least that one look good and work like an actual exchange instead of a contract thing

<t​hemisplacedphilosopher:matrix.org> I mean an AMM type DEX like Uniswap. You need to sell Monero to bring the price down on an AMM DEX. They cannot sell paper Monero. On the other hand arbitrage bots will buy on CEX to sell on DEX making it difficult to manipulate the price.

<m​onerobull:matrix.org> kraken at 6$ premium over coingecko this is hilarious

<m​onerobull:matrix.org> Serai

124 binance, 127 kucoin, 131 kraken

139 Localmonero

<s​omeoneelse495495:matrix.org> matrix.monero.social/_matrix/media/…matrix.org/jlznqtspadmfVqHBauNoSccD

<s​omeoneelse495495:matrix.org> pain

<l​m:matrix.baermail.fr> localmonero doesn't offer an api to know the volume correct ? I would like to know what it is right now.

<t​hemisplacedphilosopher:matrix.org> Those looking for arbitrage opportunity can buy on MEXC and sell on Kraken.

MEXC didn't close withdrawals?

because there's $4 arbitrage between Binance and Kraken too, but you can't get coins out of Binance

<m​onerobull:matrix.org> playing with fire

<p​olar9669:matrix.org> 20min doesn’t make it easy to arb

<m​onerobull:matrix.org> well theres youre problem

<m​onerobull:matrix.org> youre not thinking

<m​onerobull:matrix.org> you need to have fiat on mexc and XMR ready to sell on kraken

<m​onerobull:matrix.org> then you just buy for example 10 XMR on mexc and instantly sell the ones you already have on the other exchange

<p​olar9669:matrix.org> “Already” who in the right mind keeps it on exchanges

<m​onerobull:matrix.org> well you could have some tether and xmr

<m​onerobull:matrix.org> and then you prepare by sending the stuff to the exchange

<m​onerobull:matrix.org> after executing you obviously withdraw

<p​olar9669:matrix.org> Price moves while you move it’s not so easy to arb, you need bots

<p​olar9669:matrix.org> I did arb once when kraken arb bot died and it a huge % difference

<m​onerobull:matrix.org> ive thought about doing fiat "arbitrage" by having fiat on kraken and selling monero on haveno with a slight premium and instantly re-buying

<p​olar9669:matrix.org> I did arb once when kraken arb bot died and it had a huge % difference

<m​onerobull:matrix.org> it doesnt have to be 100% accurate, price doesnt move thaaat much in a few seconds

<p​olar9669:matrix.org> You need to have coins on both exchanges to take advantage

<m​onerobull:matrix.org> there was an awesome opportunity earlier today with a 30$ price difference (but on low liquidity)

<m​onerobull:matrix.org> i had considered driving home from work haha

<p​olar9669:matrix.org> A few xmr spread ?

<m​onerobull:matrix.org> it would have made me more profit than the day of work itself

<m​onerobull:matrix.org> its a really damn niche thing and i wont give it away because i might make a few more bucks in the future haha

<t​hemisplacedphilosopher:matrix.org> Just transfer to Kraken and by the time it is credited, if the arbitrage opportunity still exists, you can take it otherwise just withdraw the moneroj back to your wallet.

monerobull would you please share your Serai referral code

<m​onerobull:matrix.org> krk

<m​onerobull:matrix.org> kek

<m​onerobull:matrix.org> youll hopefully be able to use it on seraiswap.finance

thx :0

:)

<p​olar9669:matrix.org> -34% already, at this rate single digit by delisting

<t​hemisplacedphilosopher:matrix.org> I will buy futures if it comes to 101.

<t​hemisplacedphilosopher:matrix.org> If you are confident, you can short the futures.

<t​hemisplacedphilosopher:matrix.org> Even if it goes to 101, you'll make good money.

<j​ohn_r365:monero.social> $111 @ CoinGeck - gosh, what a crash in the price after the Binance announcement

<j​ohn_r365:monero.social> Especially given the delisting was somewhat known to be going ahead anyway

<s​gp_:monero.social> I feel bad for ccs.getmonero.org/work-in-progress

<j​ohn_r365:monero.social> Agreed, big haircut to income, at least in the short term

<j​ohn_r365:monero.social> We'll have to see how it recovers

i feel ecstatic for people in the ideas section now ccs.getmonero.org/ideas

sgp that page is never up to date

<s​gp_:monero.social> well, whoever has yet to be paid for something

bch atomic swap bounty, and tqwera are awaiting bounty payouts for over a week now :(

<t​hemisplacedphilosopher:matrix.org> Just wait till end of day. This is Monero, not some proof of scam token.

<t​hemisplacedphilosopher:matrix.org> This will recover.

<r​ucknium:monero.social> PHCitizen got their BCH from the bounty about two weeks ago.

<r​ucknium:monero.social> (I know that the XMR Bounties custodian is a volunteer and must be very careful with payouts)

this was low

even from binance

lol

on trading page

<g​fdshygti53:monero.social> Wow, seriously binance?!?

<j​ohn_r365:monero.social> *puts on conspiracy hat*

<j​ohn_r365:monero.social> Maybe Binance want to refill their XMR coffers for the upcoming withdrawals?

<g​fdshygti53:monero.social> Was thinking about that one lol

<j​ohn_r365:monero.social> XMR is still available via Kraken (USA) for now

<j​ohn_r365:monero.social> It's interesting they'll be the last major CEX standing after this

<m​onerobull:matrix.org> Lmao

<m​onerobull:matrix.org> Wtf binance really hates us haha

this "Finnish investigators" FUD was debunked multiple times

byenance doesn't keep everything in their hot wallet

"byenance" lolol

yes, so this is why it takes hours and days for them to replenish it, right?

a lot of instant swaps will stop working

also which ever sites use "binance merchant" to accept xmr

<j​ordan_sanchez:matrix.org> Kraken will probably be the last line of Defense, Wyoming is probably among one of the best states (regional territory) to help protect against The State’s (Federal Government’s) Abuse but at the end of the day laws are laws.

<j​ordan_sanchez:matrix.org> A psycho like Elizabeth Warren becomes in charge of everything, and it all goes downhill.

<0​xfffc:matrix.org> This ^ . The network shows its resilience. Whatever doesn't kill XMR, will make XMR stronger.

<s​gp_:monero.social> Who runs @m-relay:monero.social

DataHoarder ^

yep, anything needs to be done to it?

<s​gp_:monero.social> DataHoarder: kindly add #openalias (Libera) and #openalias:matrix.org / #openalias/monero.social when you get a chance

<s​gp_:monero.social> lmk if the bot needs permissions on the libera side

usually giving it +v is nice to have, nothing else otherwise as long as it can join both sides

is #openalias:monero.social the same room as #openalias:matrix.org ?

<s​gp_:monero.social> yes

alright

any meetings happening atm? way more activity today so hard to say

I'll cycle the bot doesn't seem like it

<r​ucknium:monero.social> The MAGIC Monero Fund also provides more currency options so devs can manage exchange rate risk. Payouts can be done in any major fiat or cryptocurrency *dodges thrown tomato*

<1​23bob123:matrix.org> Pushing hard

<s​ecuencias:matrix.org> __*Binance delists Monero*__

<s​ecuencias:matrix.org> simplifiedprivacy.com/binance

<s​iren:kernal.eu> "Some nodes are having issues connecting." lol what

<1​23bob123:matrix.org> Is this a shill account?

<1​23bob123:matrix.org> Multiple rooms

<k​4r4b3y:karapara.net> >huge price impact

<k​4r4b3y:karapara.net> >30%

we mooning?

<k​4r4b3y:karapara.net> Bro ehat are you doing this is crypto

<k​4r4b3y:karapara.net> Bro what are you doing this is crypto

<k​4r4b3y:karapara.net> Literally nothing

30% in one day is pretty huge, not unheard of, but hug

e

36%

<s​iren:kernal.eu> I mean if it were a shitcoin the price would have been reduced to a single digit now

nice

<k​4r4b3y:karapara.net> No double digit. It's nothing.

just a flesh wound

<s​iren:kernal.eu> Getting delisted from CEX is a death blow for shitcoins

<s​iren:kernal.eu> We are doing fine

<1​23bob123:matrix.org> Ship still a float

<s​gp_:monero.social> I didn't hear any issues with nodes either

<k​4r4b3y:karapara.net> Fluff part of the news piece.

<1​23bob123:matrix.org> Sgp yacht still floating

<s​gp_:monero.social> yacht is doing well

<1​23bob123:matrix.org> All i can say is thank god miniflux reddit scrap broke on last update….

<h​bs:matrix.org> rotate your screen 180 degrees and you will be

<s​omeoneelse495495:matrix.org> Now I struggle to understand what was the goal of this channel ?

On phone now cause my monitor feel off the desk

thx hbs

<1​23bob123:matrix.org> Monitor fell or you fell

please confirm if you feel that the monitor is now off the desk nioCat

Monitor

<1​23bob123:matrix.org> Create ccs for new one

Later, off to see cat2

<1​23bob123:matrix.org> simplifiedprivacy.com/binance

<1​23bob123:matrix.org> didnt know nodes relied on price

it's very bad situation for every swap site

<p​olar9669:matrix.org> Most depending on cex, they are being run

<p​olar9669:matrix.org> Binance disabled withdrawals = most instant exchangers kaput

bro have trocador shilling issues

<c​trej:matrix.org> copy paste issues, trocador just happens to be part of that pasta

Yeah, my nodes are fine. Hashrate is up a bit. Tx count looks to be up too, but nothing crazy

ah ye, when you put it that way it's seems organic

<h​bs:matrix.org> oopsy

<j​ohn_r365:monero.social> MajesticBank: how do you think instant exchanges will adapt? i guess there's not too many big sources of liquidity?

j​ohn_r365: it's open market, where there is demand other players will step-in, I know some swaps have also access to kucoin

binance was friendly to instant swap sites, other exchanges will now probably take opportunity to bank on monero swaps and lower kyc requirements

<s​hortwavesurfer2009:monero.social> Tbf, instant swappers prob relied to heavy on binance

<s​hortwavesurfer2009:monero.social> Hindsight is 20/20

<s​hortwavesurfer2009:monero.social> I borrowed some usdc and used lm to grab some xmr