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<jordan_sanchez:matrix.org> It's so over 😔.
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m-relay
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m-relay
<elaryan:hackliberty.org> **XRP 🚀**
-
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<elaryan:hackliberty.org> reverse curerncy of the world
-
snex
why would you not just dump your illicit btc onto bisq
-
m-relay
<123bob123:matrix.org> They found me!
-
m-relay
<polar9669:matrix.org> Greed
-
snex
greed? i see bisq trades complete at over 10% premium all the time. of course thats xmr -> btc. other way around not so much but you can move big numbers quickly
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m-relay
<trasherdk:monero.social> When laundering your filthy Al Qaeda coins through Monero, a certain loss is acceptable 🕵️
-
snex
couple months ago i saw a guy dump like 25btc for xmr at like 2% loss
-
m-relay
<trasherdk:monero.social> Smart guy.
-
m-relay
<hbs:matrix.org> At last Binance announced it is delisting XMR \o/
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m-relay
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m-relay
<mobley:converser.eu> Binance is delisting xmr 🫣
-
m-relay
<polar9669:matrix.org> Old news
-
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<123bob123:matrix.org> This is going to keep coming up -.-
-
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<polar9669:matrix.org> Should we sell it all now ? Are we going to zero
-
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<polar9669:matrix.org> Tired of holding it for half a decade
-
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<123bob123:matrix.org> Short!
-
m-relay
<polar9669:matrix.org> And zero improvements
-
m-relay
<polar9669:matrix.org> Short to liquidation ?
-
m-relay
<123bob123:matrix.org> The great monero reset
-
m-relay
<polar9669:matrix.org> To zero and then monero 2.0 with seraphis by 2040
-
m-relay
<123bob123:matrix.org> Yest
-
m-relay
<123bob123:matrix.org> If it goes to zero we can buy core?
-
m-relay
<polar9669:matrix.org> Thanks for the insight I will dump my 0.1 xmr
-
m-relay
<123bob123:matrix.org> Core coup time
-
m-relay
<polar9669:matrix.org> Empty all wallets, burn it all
-
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<basses:matrix.org> Are there are exchanges that delisted Zcash?
-
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<123bob123:matrix.org> Its funny how people are shocked, we could see it coming a mile away.
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<123bob123:matrix.org> Doubt it they have t addresses and lobby
-
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<polar9669:matrix.org> Recently ? No
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<polar9669:matrix.org> Dev tax used to bribe
-
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<123bob123:matrix.org> Tbh i dont really care
-
m-relay
<polar9669:matrix.org> Yah let’s just dump xmr and move on
-
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<123bob123:matrix.org> Omg a private and Untracable coin is getting delisted by doj 🙀
-
m-relay
<123bob123:matrix.org> ^ this is my shocked face
-
m-relay
<polar9669:matrix.org> What’s next ? No SSL
-
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<hbs:matrix.org> VPNs will go first, except NordVPN
-
m-relay
<polar9669:matrix.org> Linux next
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m-relay
<123bob123:matrix.org> Better start monero mesh network
-
m-relay
<123bob123:matrix.org> Line of sight
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m-relay
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<123bob123:matrix.org> I thought Monero policy was meant to help Monero
-
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<123bob123:matrix.org> Plz write harshly worded letter
-
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<endor00:matrix.org> Extremist?
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<endor00:matrix.org> There's nothing extremist about using Monero
-
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<polar9669:matrix.org> Monero is extremist for bankers
-
m-relay
<endor00:matrix.org> Just because some people apply that label to the project because it competes with their interest, doesn't mean we have to perpetrate that bullshit
-
m-relay
<endor00:matrix.org> And this applies particularly to the "extremist" wannabe larpers who try to shoehorn the project into whatever political ideals they may have, in their small corner of the world, as if they applied to everyone else
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m-relay
<endor00:matrix.org> Monero is money. People use money. The end.
-
m-relay
<polar9669:matrix.org> And same applies to ppl who run conferences and talk more about dnm adoption and do zero work on mainstream adopting monero
-
m-relay
<trasherdk:monero.social> I thought that's what r/Monero was for.
-
m-relay
<trasherdk:monero.social> SSL 😂 Boomer.
-
m-relay
<polar9669:matrix.org> So what’s it termed nowadays
-
m-relay
<trasherdk:monero.social> TLS.
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m-relay
<kokoqeen:matrix.org> TrasherDK: why did you dump all your monero ?
-
m-relay
<trasherdk:monero.social> Eh, what?
-
m-relay
<kokoqeen:matrix.org> It is really hard to find monero guys in DK. Do they really exist ? :)
-
m-relay
<trasherdk:monero.social> I wouldn't know. I haven't been there for a decade.
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m-relay
<trasherdk:monero.social> My server is still located in Denmark though.
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<kokoqeen:matrix.org> Are you able to speak Danish still ?
-
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<trasherdk:monero.social> LOL, ja da. Hvad tror du?
-
ofrnxmr
He thought it was testnet
-
m-relay
<trasherdk:monero.social> I tried to sell them at 10 cent on the dollar, but nobody stepped up.
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m-relay
<kokoqeen:matrix.org> Jeg kan ikke talle det
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m-relay
<trasherdk:monero.social> Anyways, this is a English speaking forum, so that's what I speak.
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<thomasdebock:matrix.org> Hey does anyone know a list of free up to date monero RPC nodes?
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m-relay
<thomasdebock:matrix.org> I could only find 1 RPC node but it doesn't support restore_deterministic_wallet it seems
-
snex
monero.fail
-
m-relay
<thomasdebock:matrix.org> aren't those just nodes that host the monero blockchain?
-
m-relay
<thomasdebock:matrix.org> I see no filter by rpc nodes
-
m-relay
<thomasdebock:matrix.org> I get
-
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<thomasdebock:matrix.org> ```-32601: Method not found
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<thomasdebock:matrix.org> RPC request: 'restore_deterministic_wallet' with params: {"password":"mypass","filename":"mywallet","seed":"myseed","language":"English"}
-
m-relay
<thomasdebock:matrix.org> ``` on all of them
-
m-relay
<thomasdebock:matrix.org> is it formatted incorrectly or are the nodes not up to date or sonething?
-
m-relay
<thomasdebock:matrix.org> I get
-
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<thomasdebock:matrix.org> ```
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<thomasdebock:matrix.org> -32601: Method not found
-
m-relay
<thomasdebock:matrix.org> RPC request: 'restore_deterministic_wallet' with params: {"password":"mypass","filename":"mywallet","seed":"myseed","language":"English"}
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m-relay
<thomasdebock:matrix.org> ``` on all of them
-
snex
...are you sending your seed out to publicly listed monero nodes??
-
MajesticBank
remote node would be monerod
-
MajesticBank
you need wallet-rpc still
-
MajesticBank
where you send such request
-
m-relay
<thomasdebock:matrix.org> Just using a seed for a wallet I just created obviously
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m-relay
<thomasdebock:matrix.org> what do you mean I need wallet-rpc still?
-
MajesticBank
there are two components in what are you trying to do
-
MajesticBank
are you on linux?
-
m-relay
<thomasdebock:matrix.org> yes
-
MajesticBank
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m-relay
<thomasdebock:matrix.org> I am using a monero java library
-
MajesticBank
you have monero-wallet-rpc in bin folder or near?
-
m-relay
<thomasdebock:matrix.org> I know
-
m-relay
<thomasdebock:matrix.org> Im trying to use the "restore_deterministic_wallet" rpc function
-
m-relay
<thomasdebock:matrix.org> yes I do
-
MajesticBank
-
MajesticBank
my experience with wallet-rpc and remote node is not the best
-
m-relay
<thomasdebock:matrix.org> well the library I'm using is a wrapper for this basically
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m-relay
<thomasdebock:matrix.org> I have a connection to a daemon
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m-relay
<thomasdebock:matrix.org> and a connection to an rpc node
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m-relay
<thomasdebock:matrix.org> but when I go to call the function from the rpc node I get that error
-
MajesticBank
you have local node?
-
m-relay
<thomasdebock:matrix.org> no like I said Im connected to a daemon
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m-relay
<thomasdebock:matrix.org> a node hosting the blokchain
-
MajesticBank
so remote?
-
m-relay
<thomasdebock:matrix.org> yes
-
MajesticBank
but connected how?
-
MajesticBank
you mean you are using lib to send request to it?
-
m-relay
<thomasdebock:matrix.org> yes
-
m-relay
<thomasdebock:matrix.org> I just have a daemon object from the lib thats connected to the blockchain
-
MajesticBank
daemon <-> wallet-rpc <-> library
-
m-relay
<thomasdebock:matrix.org> the rpc node doesn't host the wallet files or anything right?
-
MajesticBank
no, your host that locally
-
m-relay
<thomasdebock:matrix.org> ah yeah okay
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m-relay
<thomasdebock:matrix.org> so if you want to recover your wallet from a seed you always have to pass your seed to the rpc node?
-
MajesticBank
the opposite
-
MajesticBank
never
-
MajesticBank
all stuff is on your pc
-
m-relay
<thomasdebock:matrix.org> so how can you get the rpc node to recover from your seed without sending it?
-
MajesticBank
you don't deamon is for blockchain stuff
-
MajesticBank
all wallet stuff, seed
-
MajesticBank
happens with wallet-rpc
-
MajesticBank
on your local pc
-
m-relay
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m-relay
<thomasdebock:matrix.org> it says under "
getmonero.org/resources/developer-guides/wallet-rpc.html" the mnemonic seed is passed
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m-relay
<thomasdebock:matrix.org> it says under restore_deterministic_wallet the mnemonic seed is passed
-
MajesticBank
as I said
-
MajesticBank
wallet-rpc is not remote node
-
MajesticBank
two components, remote node, remote pc
-
MajesticBank
wallet-rpc, local pc
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m-relay
<thomasdebock:matrix.org> yes but I am trying to connect to an rpc node
-
m-relay
<thomasdebock:matrix.org> aaah
-
MajesticBank
library talks to wallet-rpc
-
MajesticBank
what's why you get not found
-
m-relay
<thomasdebock:matrix.org> ```curl
localhost:38083/json_rpc -d '{"jsonrpc":"2.0","id":"0","method":"restore_deterministic_wallet","params":{"filename":"My Wallet","password":"mypassword123","seed":"awkward vogue odometer amply bagpipe kisses poker aspire slug eluded hydrogen selfish later toolbox enigma wolf tweezers eluded gnome soprano ladder broken jukebox lordship aspire","restore_height":0, "lan<clipped message>
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m-relay
<thomasdebock:matrix.org> guage":"English","seed_offset":"","autosave_current":true}}' -H 'Content-Type: application/json'
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m-relay
<thomasdebock:matrix.org> {
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<thomasdebock:matrix.org> "id": "0",
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<thomasdebock:matrix.org> "jsonrpc": "2.0",
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<thomasdebock:matrix.org> "result": {
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m-relay
<thomasdebock:matrix.org> "address": "9wB1Jc5fy5hjTkFBnv4UNY3WfhUswhx8M7uWjZrwRBzH2uatJcn8AqiKEHWuSNrnapApCzzTxP4iSiV3y3pqYcRbDHNboJK",
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<thomasdebock:matrix.org> "info": "Wallet has been restored successfully.",
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m-relay
<thomasdebock:matrix.org> "seed": "awkward vogue odometer amply bagpipe kisses poker aspire slug eluded hydrogen selfish later toolbox enigma wolf tweezers eluded gnome soprano ladder broken jukebox lordship aspire",
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m-relay
<thomasdebock:matrix.org> "was_deprecated": false
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m-relay
<thomasdebock:matrix.org> }
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m-relay
<thomasdebock:matrix.org> }
-
m-relay
<thomasdebock:matrix.org> ```
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m-relay
<thomasdebock:matrix.org> listen on the site
-
m-relay
<thomasdebock:matrix.org> wait its not pasting correctly
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m-relay
<thomasdebock:matrix.org> curl
localhost:38083/json_rpc -d '{"jsonrpc":"2.0","id":"0","method":"restore_deterministic_wallet","params":{"filename":"My Wallet","password":"mypassword123","seed":"awkward vogue odometer amply bagpipe kisses poker aspire slug eluded hydrogen selfish later toolbox enigma wolf tweezers eluded gnome soprano ladder broken jukebox lordship aspire","restore_height":0, "langua<clipped message>
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m-relay
<thomasdebock:matrix.org> ge":"English","seed_offset":"","autosave_current":true}}' -H 'Content-Type: application/json'
-
m-relay
<thomasdebock:matrix.org> {
-
m-relay
<thomasdebock:matrix.org> "id": "0",
-
m-relay
<thomasdebock:matrix.org> "jsonrpc": "2.0",
-
m-relay
<thomasdebock:matrix.org> "result": {
-
m-relay
<thomasdebock:matrix.org> "address": "9wB1Jc5fy5hjTkFBnv4UNY3WfhUswhx8M7uWjZrwRBzH2uatJcn8AqiKEHWuSNrnapApCzzTxP4iSiV3y3pqYcRbDHNboJK",
-
m-relay
<thomasdebock:matrix.org> "info": "Wallet has been restored successfully.",
-
m-relay
<thomasdebock:matrix.org> "seed": "awkward vogue odometer amply bagpipe kisses poker aspire slug eluded hydrogen selfish later toolbox enigma wolf tweezers eluded gnome soprano ladder broken jukebox lordship aspire",
-
m-relay
<thomasdebock:matrix.org> "was_deprecated": false
-
m-relay
<thomasdebock:matrix.org> }
-
m-relay
<thomasdebock:matrix.org> }
-
m-relay
<thomasdebock:matrix.org> you send your seed in the message
-
m-relay
<thomasdebock:matrix.org> in this case to localhost, but since I'm using a remote rpc node, I send it to the remote rpc node no?
-
m-relay
<rucknium:monero.social> No. Listen, or rest and come back to this problem. You are not understanding basic explanations.
-
m-relay
<rucknium:monero.social> `monero-wallet-rps` is a _separate_ program that you run on your own machine.
-
m-relay
<rucknium:monero.social> -rpc I mean
-
m-relay
<rucknium:monero.social> You run that on your own machine if you are connecting to a remote node or if you are connecting to a local node..
-
m-relay
<thomasdebock:matrix.org> I know
-
m-relay
<rucknium:monero.social> `monerod` is a separate process
-
m-relay
<thomasdebock:matrix.org> yes
-
m-relay
<rucknium:monero.social> You send that RPC call to `monero-wallet-rpc` from whatever stack you are sending it from.
-
m-relay
<rucknium:monero.social> Which will be on your local machine
-
m-relay
<rucknium:monero.social> The remote nodes do not run `monero-wallet-rpc` for you.
-
m-relay
<thomasdebock:matrix.org> so then what does an rpc node do?
-
m-relay
<thomasdebock:matrix.org> (a remote rpc node)
-
m-relay
<rucknium:monero.social> It keeps a database with the blockchain. It verifies the consensus rules of new blocks, relays txs from other nodes that it receives, and send txs to other nodes that it receives from wallet programs like `monero-wallet-rpc`
-
m-relay
<rucknium:monero.social> And it gives data to wallet programs that allows them to check what txs the wallets have received.
-
m-relay
<rucknium:monero.social> Which is what syncing a wallet is.
-
m-relay
<thomasdebock:matrix.org> isn't that the same as a normal monero node?
-
m-relay
<rucknium:monero.social> I just described a monero node. `monerod`
-
m-relay
<thomasdebock:matrix.org> ooooh
-
m-relay
<thomasdebock:matrix.org> I thought rpc nodes and normal nodes were 2 different things
-
m-relay
<rucknium:monero.social> That's what a remote node is. Usually they have RPC access enabled.
-
m-relay
<thomasdebock:matrix.org> aaah I see
-
m-relay
<thomasdebock:matrix.org> I understand now
-
m-relay
<thomasdebock:matrix.org> guess ill have to include the shared object files from the library that include the monero-wallet-rpc stuff
-
m-relay
<rucknium:monero.social> But many people run `monerod` so that the RPC requests can only be received from their local machine.
-
m-relay
<thomasdebock:matrix.org> got it thanks
-
m-relay
<rucknium:monero.social> Are you building an application? A way someone can lose money?
-
m-relay
<thomasdebock:matrix.org> yeah well Im building for android, so I would rather not host the entire blockchain locally
-
m-relay
<thomasdebock:matrix.org> yes
-
m-relay
<rucknium:monero.social> using `monero-wallet-rpc` with a remote node is unreliable. The connection sometimes drops and doesn't reconnect. Strongly recommended to run your own local node.
-
m-relay
<rucknium:monero.social> Building for android? Go to #monero-community-dev:monero.social and ask for libraries and updated info on best practices.
-
m-relay
<thomasdebock:matrix.org> like I said I don't think that's much of an option on mobile wallets
-
m-relay
<thomasdebock:matrix.org> ah alright, thanks
-
ofrnxmr
theres an app call "http shortcuts" that can make json requests
-
ofrnxmr
You can run monero-wallet-rpc with remote nodes. Yes its a PITA, but you can try to force reconnections to new daemons with "set_daemon"
-
ofrnxmr
App = for android and foss
-
m-relay
<secuencias:matrix.org> __*Binance delists Monero*__
-
m-relay
-
sech1
"Withdrawal supported till May 20th" withdrawals are already dead on Binance
-
m-relay
<123bob123:matrix.org> Reset counter
-
snex
the world is on fire. go on bisq and dump all your monero
-
m-relay
<123bob123:matrix.org> Dump all in ccs
-
m-relay
<123bob123:matrix.org> Or on vtnerd magic proposal
-
m-relay
<stnby:kernal.eu> Happy that exchanges are delisting Monero. Less market manipulation and more stability for us also more deals on localmonero I hope
-
m-relay
<edge7:matrix.org> Nice article
-
m-relay
<stnby:kernal.eu> Is it still possible to buy XMR on kraken?
-
m-relay
<gfdshygti53:monero.social> Yes
-
m-relay
<123bob123:matrix.org> Think so
-
m-relay
<stnby:kernal.eu> Time to register for account then xD
-
m-relay
<gfdshygti53:monero.social> MEXC also have them, and it's no-kyc
-
m-relay
<edge7:matrix.org> Anyone used this in Europe?
-
snex
why arent you all just using bisq
-
m-relay
<someoneelse495495:matrix.org> not gonna lie simplifiedprivacy articles are useless. The conclusions are often super weird
-
m-relay
<gfdshygti53:monero.social> I use it from many EU countries
-
m-relay
<someoneelse495495:matrix.org> the fucking interface
-
m-relay
<someoneelse495495:matrix.org> I can't use a software running a 2 fps
-
snex
stop computing on a 486dx
-
m-relay
<edge7:matrix.org> Works with Fiat or swap only? Having dinner, so cannot check right now myself
-
RavFX
snex: Why waiting for contract when you can just press-button?
-
snex
bisq has fiat and many altcoins
-
snex
RavFX: you can be a taker on bisq
-
m-relay
<gfdshygti53:monero.social> It's a crypto only CEX
-
snex
bisq is not a CEX at all..
-
RavFX
Yeah, Bisq is not a CEX. Wen Haveno (I want the on/offramp directly in XMR)
-
m-relay
<someoneelse495495:matrix.org> one day ig, because at the moment Haveno had good idea and a promising UX, but then price fall cut them loose
-
m-relay
<stnby:kernal.eu> I want to buy some cheap XMR with Fiat. Thats it. All I ever used is XMR so buying XMR with XMR is not an option.
-
Inge
Now is your time stnby!
-
m-relay
<gfdshygti53:monero.social> I kind of have the same problem lol
-
snex
localmonero/agoradesk
-
m-relay
<gfdshygti53:monero.social> Localmonero/agoradex is like the only one for now
-
m-relay
<stnby:kernal.eu> Yeee
-
m-relay
<gfdshygti53:monero.social> Work great, never had any problem with localmonero
-
m-relay
<stnby:kernal.eu> Kraken taking a while to verify my ID
-
great_taste
going to zero
-
great_taste
paypal won, xmr has been defeated
-
m-relay
<stnby:kernal.eu> Want to buy buy buy before my flight
-
m-relay
<k4r4b3y:karapara.net> Lol
-
m-relay
<gfdshygti53:monero.social> Imajin using Scampal in 2k24
-
m-relay
<detherminal:matrix.org> looks like saberhagen and thankful_for_today dumped its coins lol
-
m-relay
<detherminal:matrix.org> looks like saberhagen and thankful_for_today dumped their coins lol
-
m-relay
<k4r4b3y:karapara.net> Yeah I am alao dumping my esoteric inflation bug coins
-
m-relay
<k4r4b3y:karapara.net> Its ogre
-
m-relay
<k4r4b3y:karapara.net> Yeah I am also dumping my esoteric inflation bug coins
-
great_taste
gfdshygti53: most people do
-
great_taste
it's the unfortunate reality
-
RavFX
great_taste: Stopped using them after they stole money from me for the second time lol
-
m-relay
<basses:matrix.org> agree
-
m-relay
-
m-relay
<basses:matrix.org> you are literally using a p2p network, expect to leak your IP. You should have used Tor
-
m-relay
<basses:matrix.org> Anyways Zeronet is dead
-
snex
imagine not just using i2p
-
m-relay
<basses:matrix.org> There are people using it?
-
m-relay
<basses:matrix.org> active?
-
m-relay
<basses:matrix.org> I never tried it
-
snex
yes i2p is active
-
m-relay
<123bob123:matrix.org> Yeep
-
m-relay
<basses:matrix.org> How active?
-
m-relay
<basses:matrix.org> Does it have something like dread?
-
snex
i think dread has an i2p mirror
-
snex
it feels like the mid 90s internet if you were around then
-
snex
irc, lots of "my homepage" sites
-
snex
there are monero nodes
-
snex
a decent torrent tracker (for linux isos)
-
m-relay
<basses:matrix.org> yeah, I heard many use it for torrenting
-
m-relay
-
snex
most big clients dont support i2p and the safety of ones that do is questionable but i2p comes with an i2p-only torrent client
-
m-relay
<basses:matrix.org> you mean support
-
m-relay
-
m-relay
-
m-relay
<basses:matrix.org> you mean support i2p
-
snex
yeah i dont know how safe those are about not leaking your IP since they operate on both networks
-
m-relay
<istral:matrix.org> I've used I2P, what I disliked is that it can take 1-2 hours to become fully connected with the network to access every I2P site. Its not that good if you just want to open I2P once every week for 15mins.
-
snex
thats why you just leave the router running forever in a daemon
-
m-relay
<istral:matrix.org> What I did is left a I2P router running 24/7 on my Nas, and browse on my personal laptop using the SOCKS proxy that it provides you.
-
snex
yeah
-
m-relay
<istral:matrix.org> Just setup a second firefox profile thats only used for I2P.
-
snex
exactly
-
m-relay
<istral:matrix.org> I2P also has a bunch of Clearnet proxy sites that let you use non-I2P websites, just like Tor.
-
snex
it does but you should be getting people to move to i2p rather than use outproxies
-
snex
i want i2p to be in the kernel network stack lol
-
m-relay
<istral:matrix.org> Bought XMR at 100, already at 12% gainz 🚀
-
m-relay
<istral:matrix.org> Looks like its rebounding:
pro.kraken.com/app/trade/xmr-usd
-
snex
conspiracy take: binance was FRBing it and somebody caused a run, so binance did this to tank the price so they can cover
-
m-relay
<ilove9999:matrix.org> fuck xmr droopped like crazy
-
m-relay
<polar9669:matrix.org> It’s a sale
-
m-relay
<ilove9999:matrix.org> depends on ur perspective
-
m-relay
<ilove9999:matrix.org> i just lost a lot of fucking money
-
snex
you had 1xmr yesterday. you still have 1xmr today. you havent lost anything
-
m-relay
<polar9669:matrix.org> Sold ? Or notional loss
-
m-relay
<ilove9999:matrix.org> for ppl who use the xmr to transact. yeah they lost
-
m-relay
<istral:matrix.org> The value will likely rebound, as XMR hasn't lost any utility, only 30% trading volume from Binance.
-
m-relay
<polar9669:matrix.org> No they still have xmr, unless they wanted to settle in Fiat; they should have done it asap
-
snex
how? because the sellers of goods and services raised their prices? welcome to literally every currency ever for the last 100 years
-
m-relay
<ilove9999:matrix.org> back to 150-160?
-
m-relay
<elaryan:hackliberty.org> you only lose if you sell it
-
snex
in any case the fact that sellers of things have raised their prices does not mean you lost money
-
m-relay
<ilove9999:matrix.org> yeah im just going to hold it
-
m-relay
<ilove9999:matrix.org> but im seriously considering hodling in another coin and only using xmr for transactions now.
-
snex
yeah that totally wont destroy you in fees. in fact go on bisq right now and dump all your xmr
-
m-relay
<istral:matrix.org> People speculated Binance was suppressing the price, so it could rise above 150 over the next few months
-
m-relay
<elaryan:hackliberty.org> My dream is buying gold with Monero.
-
m-relay
<ilove9999:matrix.org> besides btc, the other coins arent raped in fees
-
snex
i agree. log in to bisq and dump it all
-
m-relay
<ilove9999:matrix.org> nah. no point. i have a few k in xmr sent to me daily for transactions so itll just be sent right back to me
-
m-relay
<ilove9999:matrix.org> not gonna dump. just unhappy abt my wallet being 1/3'd
-
snex
sounds like youre operating some kind of illegal business
-
m-relay
<istral:matrix.org> Short term the price could fall to 80 or 50, but long term I believe the value will recover.
-
m-relay
<ilove9999:matrix.org> bc im using xmr?
-
m-relay
<ilove9999:matrix.org> lmfao
-
snex
receiving multiple ks per day
-
m-relay
<istral:matrix.org> Nothing illegal about using Monero 😛
-
m-relay
<ilove9999:matrix.org> exactly. nothing illegal abt it
-
m-relay
<elaryan:hackliberty.org> The problem with Monero is and has always been Esperanto.
-
m-relay
<elaryan:hackliberty.org> Change it to something like german and it will go up smoothly and consistently.
-
m-relay
<elaryan:hackliberty.org> Just rename it to Münze!
-
m-relay
<ilove9999:matrix.org> i actually wonder if the price is gonna fall even further
-
m-relay
<ilove9999:matrix.org> that would be completely fucked lmfao
-
m-relay
<istral:matrix.org> as long as it eventually recovers...think of it as a sale
-
m-relay
<istral:matrix.org> Bitcoin recovered all of it's massive crashes
-
m-relay
<ilove9999:matrix.org> any new money i receive in xmr. i can think of this way. the money i currently alr have
-
m-relay
<ilove9999:matrix.org> i can only think of it getting 1/3'd
-
m-relay
<ilove9999:matrix.org> im not too worried bc i have stable income coming in but
-
m-relay
<ilove9999:matrix.org> and more xmr to come
-
m-relay
<ilove9999:matrix.org> but like
-
m-relay
<ilove9999:matrix.org> imagine if i didnt have that, now i know why ppl kill themselves over stock market crashes lmfao
-
snex
how come every time the US government prints a few trillion dollars you dont say "oh no my bank account just got 1/3"
-
m-relay
<istral:matrix.org> However, if you think it will drop below 50, better to sell now and buy again at 50 etc. Im no investor so don't take my advice.
-
m-relay
<istral:matrix.org> Speculation is a hell of a game.
-
m-relay
<elaryan:hackliberty.org> Never ever sell = can't lose, it's still yours.
-
m-relay
<ilove9999:matrix.org> well usually. if something costs 2 dollars at the store. the next day it wont cost 3.
-
m-relay
<elaryan:hackliberty.org> 1 Monero = 1 Monero
-
m-relay
<istral:matrix.org> I myself am not selling since I'm in it for the long run.
-
m-relay
<ilove9999:matrix.org> but this might be less and less true given the economy nowdays
-
m-relay
<ilove9999:matrix.org> i might ride the boat...
-
m-relay
<ilove9999:matrix.org> we will see
-
snex
right it still costs $2 but you just have to work 33% harder to afford it
-
m-relay
<ilove9999:matrix.org> yeah.
-
snex
or its 33% shittier
-
m-relay
<ilove9999:matrix.org> im not saying fiat is good either
-
m-relay
<ilove9999:matrix.org> just wanted to say WTF as I just opened up my pc and now my funds are worth 33% less lmfao.
-
snex
right but you are using fiat as your measuring stick
-
snex
why
-
m-relay
<elaryan:hackliberty.org> because no monero circular economies
-
m-relay
<elaryan:hackliberty.org> adoption is everything
-
snex
so start making them
-
m-relay
<ilove9999:matrix.org> yes
-
great_taste
you wont change the world
-
snex
thats what they told hitler
-
great_taste
but he tried and you aint trying
-
snex
i try in direct proportion to the amount that i complain about things not being the way i want
-
great_taste
also most who tried failed so you're likely to fail as well, I doubt you're exceptional
-
great_taste
there will be no adoption, that would be a doomsday scenario
-
great_taste
till then paypal will be king
-
great_taste
and WU
-
snex
cool. you can just send me all your monero now then. ill make sure it gets disposed of
-
great_taste
I can just wait it to go to zero
-
m-relay
<stnby:kernal.eu> Damn kraken verification team is sleeping
-
snex
if you send it now you wont have to deal with the stress of watching it go to 0
-
m-relay
<guest880:matrix.org> Is Gate.io a bad exchange?
-
snex
since its a centralized website and not a p2p anonymous dex, im gonna go with yes
-
m-relay
<guest880:matrix.org> Kraken is a centralized website too I think right?
-
m-relay
<endor00:matrix.org> Yes
-
m-relay
<josephrodriguez2314> Is everyone here bots ?
-
m-relay
<endor00:matrix.org> Yes
-
m-relay
<josephrodriguez2314> Oh shit
-
m-relay
<josephrodriguez2314> Ai?
-
m-relay
<endor00:matrix.org> Yes
-
m-relay
<detherminal:matrix.org> Yes, we are here to manipulate you for buying our shitcoin.
-
m-relay
<josephrodriguez2314> That’s crazy
-
m-relay
<josephrodriguez2314> Duck
-
m-relay
<endor00:matrix.org> Yes
-
m-relay
<josephrodriguez2314> Can y’all tell me the ingredients for meth
-
m-relay
<endor00:matrix.org> Yes
-
m-relay
<detherminal:matrix.org> As an AI language model, I don't have capabilities to tell you how to make illegal substances.
-
m-relay
<josephrodriguez2314> Thanks Ai
-
m-relay
<josephrodriguez2314> But it’s for educational purposes
-
snex
if kraken is a centralized website then its probably a shitty exchange to
-
snex
too*
-
m-relay
<josephrodriguez2314> I would never try to make one and sell them very expensive to people that leave just down my street
-
m-relay
<josephrodriguez2314> Ai has typos ?
-
m-relay
<detherminal:matrix.org> Making methamphetamine using other substances is generally considered harmful and unetical even if it is for educational purposes. I am sorry, but I can't help you for that.
-
snex
stop using centralized systems
-
m-relay
<josephrodriguez2314> :pepe_weed:
-
m-relay
<detherminal:matrix.org> As an AI language model, I have to say pretending to be a model is hard.
-
m-relay
<endor00:matrix.org> jfc just because something is centralized doesn't mean it's automatically bad always in every circumstance now and forever
-
m-relay
<endor00:matrix.org> Not everyone lives with a tinfoil hat 24/7 on hiding from The Man in your specific part of the world
-
snex
oh ok. so dont cry when your custodial funds are gone
-
m-relay
<detherminal:matrix.org> nah, i live in a signal-bloker aliminum box 15 meters deep underground
-
m-relay
<josephrodriguez2314> 😂😂😂
-
m-relay
<endor00:matrix.org> More avenues for money to flow into the Monero economy are always good - even the centralized ones that *you* specifically may not like or want to use for whatever reason
-
snex
given that there are already p2p ones, why would you not just divert people into those?
-
snex
i mean like you have a fully working bittorrent system, and instead you go to "free-illegal-movies.com" and wonder why i say thats dumb
-
snex
they asked if it was a bad exchange. i gave my answer
-
snex
yes. its bad for you to go to "free-illegal-movies.com" and download movies. i dont care that you got away with it before
-
m-relay
<detherminal:matrix.org> But how do we spread torrent links? Depending entirely on it is not possible
-
m-relay
<endor00:matrix.org> You seem to be making a lot of assumptions about what other people do. Those assumptions are often wrong
-
m-relay
<gfdshygti53:monero.social> The majority of people seam to not be interested into p2p
-
m-relay
<gfdshygti53:monero.social> For example, look at BlockDX, it's usable for a ton of pairs (not monero), yet it have zero volume.
-
m-relay
<gfdshygti53:monero.social> I guess they are going to do the p2p once all other CEX option are dead
-
snex
you can spread torrents anywhere. all you need is the shal1 hash
-
m-relay
<endor00:matrix.org> Kraken has been a good exchange for Monero, at least so far
-
m-relay
<gfdshygti53:monero.social> There is usually only 2-3 maker on UnstoppableSwap and it's available since more than a year
-
snex
the majority of people use p2p when they know about it and it delivers what they want. just like bittorrent
-
m-relay
<gfdshygti53:monero.social> Because other alternative got crushed and most people did not know about usenet.
-
m-relay
<gfdshygti53:monero.social> ie: It was the only good way.
-
m-relay
<gfdshygti53:monero.social> There is still plenty of CEX...
-
snex
yeah and how many are exit scams?
-
m-relay
<endor00:matrix.org> And for merchants, institutional investors, and big traders, having a nice platform that operates smoothly, has a nice paper trail for tax forms, and can handle a daily volume bigger than the entire liquidity on most p2p platforms is *a good thing*
-
snex
lol "paper trail for tax forms"
-
m-relay
<gfdshygti53:monero.social> Yeah, imajin being a high frequency trader and having to wait for confirmations or for contacts to comply at each trades
-
snex
yeah imagine having to pay for your own security rather than outsourcing it to a government that never delivers and CANT deliver
-
m-relay
<detherminal:matrix.org> p2p is a little bit hard for Monero because understanding itself is hard. Instead, we should depend on dex'es where there is liquidity and real market price
-
snex
i mean your argument destroys crypto itself
-
m-relay
<endor00:matrix.org> Or having to file a github issue somewhere and hope that you didn't just lose all your money when something goes wrong - and then wait and pray that someone fixes it
-
snex
imagine losing your wallet password and nobody can reset it for you
-
snex
oh noes we should just let the government handle all money
-
snex
imagine your cash gets stolen oh man now youre broke i guess we should just cbdc
-
m-relay
<endor00:matrix.org> So many slippery slopes, you should put a "Wet floor" sign
-
snex
youre the one pouring soap all over the slope
-
m-relay
<endor00:matrix.org> Might as well just link the wikipedia article on logical fallacies
-
snex
psst, slippery slope isnt a fallacy when youre literally arguing for it
-
m-relay
<endor00:matrix.org> I'm pointing out that the world is big, and different people have different needs - even ones that you personally disagree with
-
snex
then why do they need monero at all?
-
m-relay
<endor00:matrix.org> But that's unacceptable, because anyone who does things differently is clearly wrong
-
snex
whats their use case for monero, exactly?
-
snex
or are you just trying to get them into it so your own bag goes up?
-
m-relay
<detherminal:matrix.org> True, but there should also be ways for people that want to trade on dex's with cex comfort
-
snex
because thats shady af
-
m-relay
<endor00:matrix.org> Monero is money. Use case is whatever can be done with money. End of story
-
nioCat
-
m-relay
<gfdshygti53:monero.social> BlockDX
-
snex
why is monero money?
-
m-relay
<gfdshygti53:monero.social> But people don't use it so it rot
-
m-relay
<endor00:matrix.org> Do you have centralized trading platforms with money? Yes. Then you want centralized trading platforms with Monero too, because that means Moneros are flowing and that's a good thing for the Monero economy (and for your own pockets too!)
-
m-relay
<endor00:matrix.org> Even if you're not using them, you're still benefitting from them
-
snex
monero isnt money because you repeat a bumper sticker slogan. monero is money because it offers privacy. but you are arguing that its best for some people to get rid of their privacy to use monero. total nonsense
-
nioCat
*some
-
snex
we already have non private money. its called dollars
-
m-relay
<endor00:matrix.org> Non-sequitur. Just because you're buying/selling (or even just trading) your Monero on a CEX doesn't mean that you're "getting rid of your privacy"
-
snex
go play with your government dollars
-
snex
lol yes it means exactly that. ffs
-
snex
every trade you make is no longer private
-
m-relay
<endor00:matrix.org> Ah yes, because the exchanges know everything that I do with my Monero after I withdraw them, right?
-
nioCat
no cause monero duh
-
m-relay
<endor00:matrix.org> Go claim that 600k bounty
-
m-relay
<endor00:matrix.org> Or actually figure out what you're talking about
-
snex
what withdraw? you tell the exchange to send directly to target wallets on your behalf
-
snex
because thats how centralized exchanges end up working
-
m-relay
<gfdshygti53:monero.social> There plenty of non KYC CEX
-
m-relay
<gfdshygti53:monero.social> You can have a brain and churn your output if you are the parano kind.
-
m-relay
<gfdshygti53:monero.social> Personally I do try all P2P option.
-
m-relay
<gfdshygti53:monero.social> * The Best one was BlockDX, it never got the Nero and got abandonned.
-
m-relay
<gfdshygti53:monero.social> * Then You have Bisq, it kind of work but you don't have the most usefull part of it, the on/off ramp, if BTC only
-
m-relay
<gfdshygti53:monero.social> * Then You got UnstoppableSwap, It work, it have on average 2 or 3 makers with small amount
-
m-relay
<gfdshygti53:monero.social> * You also got Basicswap, The Windows installer don't work (biggest user base. Then when you use it on Linux it still have plenty issue (last time I tried to use it, I got to fish my monero out by moving the wallet file on another computer to open it with a wallet that work.
-
snex
and even if YOU dont do it that way, the people you are recommending them DO. and they still have your IP and various other info about you
-
m-relay
<endor00:matrix.org> Isolating yourself from the rest of the world's economy is a great way to starve to death while yelling into the void "But I am right!"
-
m-relay
<gfdshygti53:monero.social> Haveno is still not mainnet. But that is the one I hope for, because it also have fiat on/offramp for monero
-
m-relay
<endor00:matrix.org> > what withdraw? you tell the exchange to send directly to target wallets on your behalf because thats how centralized exchanges end up working
-
m-relay
<endor00:matrix.org> OBJECTION YOUR HONOR, Making false generalizations about user behaviour!
-
snex
bruh you are literally pointing people to "illegal-movies.com" when bittorrent exists and pretending its just as good
-
snex
you look foolish
-
snex
just be quiet already. we get it. you love government ramming their cock up your ass
-
snex
but thats not why people seek out monero
-
m-relay
<endor00:matrix.org> Hey, no kinkshaming!
-
m-relay
<endor00:matrix.org> People who like that stuff can use Monero too
-
m-relay
<endor00:matrix.org> That's why Monero is so great
-
m-relay
<endor00:matrix.org> It doesn't care
-
snex
no, they cant actually. because monero is inherently anti-government
-
snex
governments are legitimized mafias who operate on theft. and monero is very hard to steal
-
snex
but people like you want to make it easier to steal by recommending that people used centralized bullshit
-
m-relay
<endor00:matrix.org> No, Monero is not anti-anything. Stop shoehorning your personal political ideals (which don't apply to the rest of the world) to an entire project
-
snex
there are thousands of shitcoins and fiat currencies that are inherently designed that way. go use those
-
snex
but it is
-
snex
you being too slow to get why isnt an argument
-
m-relay
<endor00:matrix.org> Guess what: I'll keep using Monero, and there's nothing you can do to stop me
-
snex
which is the real irony here
-
m-relay
<gfdshygti53:monero.social> Monero is a privacy coin.
-
m-relay
<gfdshygti53:monero.social> It's so anti governments that some governments are probably accumulating it 😂
-
m-relay
<endor00:matrix.org> Because "Monero" doesn't give a shit about your ideals - nor mine, nor anyone else's
-
m-relay
<detherminal:matrix.org> guys calm down, being harsh doesn't change anything
-
snex
you should stop using monero because you hate what it fundamentally is, not because i can force you
-
snex
it would be like saying youre a mormon but getting wasted every night
-
snex
gotta pick one, buddy
-
m-relay
<detherminal:matrix.org> you forgot where the decentralization part is the second biggest card of Monero
-
m-relay
<endor00:matrix.org> I mean, if you know better than me what I love or hate or stand for, then what do I even exist for? Just take my place
-
snex
i dont "know better." im using your own words that you have said
-
m-relay
<detherminal:matrix.org> For example Solana stopped for 5 hours and then "some people" decided when to resolve back. Monero doesn't have that "some people"
-
snex
you want to funnel people into centralized systems so that they can be good little government drones
-
m-relay
<endor00:matrix.org> The words that pointed out that the world is bigger than the bubble you live in? Those words
-
snex
thats what you said
-
m-relay
<endor00:matrix.org> I want people to have *options*, because more options is always better
-
snex
doing shit the way things already work with fiat is not an option
-
snex
its what we already have with everything else
-
snex
you want that "option?" yes its called dollars
-
m-relay
<endor00:matrix.org> You have the *option* of not using them, just like others - who may want different things from YOU
-
m-relay
<detherminal:matrix.org> aah, don't be that extremist man
-
snex
you dont understand what the options actually are
-
m-relay
<detherminal:matrix.org> aah, don't be that extremist, man
-
snex
what exactly is the benefit of monero if you plan to tell the government exactly how much you have and how many taxes you want them to steal from you?
-
snex
like you said i cant force you to stop using it. but if you tell the government all about it, THEY can force you
-
m-relay
<endor00:matrix.org> Because when the usage reaches a critical mass, it can't be stopped anymore
-
snex
somehow i doubt you have ever used it at all
-
snex
lol a critical mass of WHAT? retards just reporting it all to the government via CEXes? do you somehow think they wont just take that over for their own benefit?
-
m-relay
<endor00:matrix.org> But when "extremist anti-gubbmint" larpers assign labels and shoehorn misguided political ideals into pieces of code, they give easy ammunition to those they're pretending to fight against
-
snex
if CEX was all we had then what you are saying might make sense. but p2p options exist and work
-
m-relay
<endor00:matrix.org> Yes, *options*. And nobody is saying that you *shouldn't* use them
-
snex
uh huh. just like when abolitionists came right out and said slavery was wrong, they were "giving ammunition to the opponents"
-
snex
cant be extremist about slavery. gotta be nuanced
-
m-relay
<endor00:matrix.org> But some people, like ones running businesses, have needs different than YOURS
-
snex
if you run a business then why would you want to accept monero? list me some reasons
-
m-relay
<detherminal:matrix.org> bro calm down, we all have citizenships of countries, you know that right?
-
snex
i run a business. dollars work. why would i want monero?
-
m-relay
<endor00:matrix.org> detherminal Nah man, everybody lives in the USA on the internet, don't you know? Their laws and ideas are the only ones that apply
-
m-relay
<endor00:matrix.org> The rest of the world is just a bunch of trivia living on Wikipedia
-
nioCat
lol
-
m-relay
<detherminal:matrix.org> How do you transfer money decentralized?
-
m-relay
<elaryan:hackliberty.org> snex dollar doesn't work
-
snex
huh. no answer. weird
-
bibideJaffa
What we see happening again and again is that CEXs are very vulnerable to outside pressure.. Although XMR suffered a drop on the charts, it's Binance that's going through a real existential crisis
-
m-relay
<endor00:matrix.org> > i run a business. dollars work. why would i want monero?
-
m-relay
<endor00:matrix.org> Because you like Monero, and you want to use it. The end. Other than that, idk, go ask all the other businesses accepting Monero
-
snex
elaryan. what do you mean? i sell tshirt. customer gives dollar. i use dollar and buy food
-
snex
ROFL. exactly. you have no fucking clue
-
snex
you dont know why anyone would want monero
-
snex
yet youre happy to have them out themselves to a CEX
-
snex
fuck outta here, fraud
-
snex
which federal agency do you work for?
-
m-relay
<endor00:matrix.org> > huh. no answer. weird
-
m-relay
<endor00:matrix.org> Ah yes, I took my attention off of you for 30 seconds, clearly you have won all arguments and are the best most knowledgest man. gg
-
snex
you cant even put yourselves in the shoes of a business owner, despite the fact that YOU brought them up
-
m-relay
<detherminal:matrix.org> guys calm down and accumulate XMR more, benefit from it both of you
-
m-relay
<elaryan:hackliberty.org> Dollar loses value every day.
-
m-relay
<elaryan:hackliberty.org> People that have opinions different than those of the government lose their access to their bank account.
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m-relay
<elaryan:hackliberty.org> Cash is being killed before our eyes, it's gonna be dead soon.
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m-relay
<elaryan:hackliberty.org> Dollars 👏 dont 👏 work 👏
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bibideJaffa
This is a very exhausting conversation to follow
-
nioCat
when dollars lose value they give me more of it
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m-relay
<detherminal:matrix.org> You also skip the part where it is centralized, you guys still don't talk about decentralization too is a big part of Monero
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m-relay
<endor00:matrix.org> "Anyone who disagrees with me is a government shill" - ah, I see we have reached the ultimate "no u" crypto-argument
-
snex
detherminal nah i see it as a key part. he doesnt
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bibideJaffa
Obviously, while I understand why traders have a need for CEX's, I don't believe there are many XMR holders who keep their assets on a CEX
-
bibideJaffa
that would kinda defeat the whole purpose
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snex
but traders dont have a need for a CEX
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m-relay
<guest880:matrix.org> It's constructive talk, nobody is throwing these at eachother yet
-
bibideJaffa
IDK, I can imagine some value speed/convenience to some degree
-
bibideJaffa
I'm not a trader, it's their job
-
nioCat
<snex> but traders dont have a need for a CEX <<>> lol
-
snex
you cant magically add speed or convenience to monero without fundamentally breaking it. you arent using monero anymore
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m-relay
<gfdshygti53:monero.social> All my NW is in crypto, but the only thing I keep on CEX, is that I have pre-planned for my trading strategy... Stuff that can't work on slow p2p platform. I wish they could be faster but stuff have to confirm, both way
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snex
youre using the CEX's promises
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snex
gfd: you arent trading crypto. youre trading CEX promises
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m-relay
<endor00:matrix.org> bibideJaffa no, you're only allowed to manually exchange 20$ worth of xmr every time you want to buy a pack of gums. Traders who use automated bots and have portfolios of 10k$ or more don't actually exist IRL, they're just a spooky story you tell people
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m-relay
<ogre14t:matrix.org> Jumping in for a sec to add my 2 cents. IMHO XMR is THE cypherpunk solution, which inherently means it's aim should be to be immune or as close as possible of state influence, which does seem quite anti-government. As we have now seen many times, the state will happily exert pressure upon anything centralized. All that said, a steak knife is meant for cutting meat, but some are ha<clipped message>
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m-relay
<ogre14t:matrix.org> ppy to cut their own throats. /rant
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m-relay
<gfdshygti53:monero.social> I'm mostly the scalper type, try to do that on a P2P platform
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snex
gfd literally load up bisq...
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m-relay
<detherminal:matrix.org> Do you really know how trading worked before crypto existed, like about 100 years of time. They were all on "CEX's"
-
snex
deth: yes i do. and this is not an argument. we have the tech to get away from that
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m-relay
<gfdshygti53:monero.social> That's a contract based platform, not only you have to intact with other people but you have to wait for confirmations.
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m-relay
<gfdshygti53:monero.social> That's no got for high frequency and scalping strategy
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snex
when you buy stocks on etrade, you dont own stocks. you own etrade's promises
-
snex
gfd ok and what i am telling you is that there is NO way around this. the CEX is lying to you by saying there is. you are merely just trusting them to honor the trade
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m-relay
<endor00:matrix.org> snex and that's why business regulations exist
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snex
LOL
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m-relay
<endor00:matrix.org> and since most of the world doesn't live in your country, you cannot make reasonable assumptions about them
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m-relay
<endor00:matrix.org> "but muh gubbmint bad" yeah sucks to be you
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snex
yeah because regulations always favor you and not the CEOs the politicians golf with
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snex
delusional
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m-relay
<detherminal:matrix.org> Unfortunately Monero itself is slow for these purposes, the market moves second-by-second and you need speed for it. If an order of yours takes 10 minutes, you are really gonna fuck up your trading money.
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snex
and how will the government regulations save you with monero?
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m-relay
<gfdshygti53:monero.social> They honored all of mine so far so....
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m-relay
<gfdshygti53:monero.social> Actually never lost to a CEX exit scam because well, I deposit money in the morning and I withdraw it when I'm done playing press button
-
snex
detherminal: you are assuming that someone else can trade faster than you. but they have the same 2 minute block time that you do...
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m-relay
<gfdshygti53:monero.social> Many of the CEX I used in the past Exit scammed.... But that... is for people who **leave** there stash in the CEX 😂
-
bibideJaffa
it always works until it doesn't
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snex
you mean like the newbies that come in here asking for advice and get told by endor to just park their shit there?
-
snex
yeah i agree
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snex
so we should stop pointing newbies at those things as a starting point
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nioCat
he never said park your shit there
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m-relay
<detherminal:matrix.org> Noboy says newbies should start with CEX's :thi
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m-relay
<detherminal:matrix.org> Noboy says newbies should start with CEX's 🤔
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m-relay
<gfdshygti53:monero.social> The trick is to not leave money when you are not playing.
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m-relay
<gfdshygti53:monero.social> And leave what you need for your positions if you keep them overnight
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m-relay
<detherminal:matrix.org> Nobody says newbies should start with CEX's 🤔
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m-relay
<gfdshygti53:monero.social> Sad that SimpleFX is ditching XMR :(
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m-relay
<gfdshygti53:monero.social> Can't short forex scam with XMR collateral anymore :(
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snex
true he didnt tell them that, he just started a big ass argument with me when i told them NOT to do that
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nioCat
he started an argument lol
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m-relay
<gfdshygti53:monero.social> If you just want to switch X to Y from time to time, it make sense to use p2p platform
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m-relay
<endor00:matrix.org> > you are assuming that someone else can trade faster than you. but they have the same 2 minute block time that you do...
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m-relay
<endor00:matrix.org> Do you think trades on a CEX correspond to chain transactions?
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snex
if they dont, then they arent trading monero
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m-relay
<endor00:matrix.org> LMFAO
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nioCat
where did I get all this monero
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m-relay
<gfdshygti53:monero.social> Imajin losing you used to be profitable scalp because you did not reach 10 confirmations
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nioCat
let me check my wallets agin
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m-relay
<gfdshygti53:monero.social> To close the trade
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snex
yup. you dont know what monero is. to you its just a ticker. you somehow think you are trading monero 1000s of times per second
-
snex
you are trading nothing but the empty promises of an exit scam
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bibideJaffa
you obviously have no idea how markets work
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m-relay
<endor00:matrix.org> Buy and sell orders on a CEX only shift balances in their internal ledgers. Otherwise you'd be burning all your coins in tx fees
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m-relay
<gfdshygti53:monero.social> You talk to someone who have no bank account and use Monero as a unit of account
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m-relay
<endor00:matrix.org> Only deposits and withdrawals correspond to on-chain transactions
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snex
uh uh. keep trading those empty promises. will be hilarious when the rug is pulled on you
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bibideJaffa
everyone has to manage their own risk, jokes on you
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m-relay
<endor00:matrix.org> No, his threat model applies to literally everything and everyone everywhere, he has it all figured out!
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m-relay
<gfdshygti53:monero.social> yep, yoohooo, I lose 500$ (the max I keep in the exchange in any time)
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m-relay
<gfdshygti53:monero.social> I like leverage
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m-relay
<endor00:matrix.org> Anyone doing anything else is wrong! And you can't be wrong on the internet!
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m-relay
<gfdshygti53:monero.social> BTW, people did lose money on DEX
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m-relay
<gfdshygti53:monero.social> that can append too....
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snex
"i trade tulip bulbs for a living. but ive never touched one or even know what one looks like. of course this is sustainable as a career"
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m-relay
<endor00:matrix.org> No way! Decentralization is the only way forward! A decentralized system can't be faulty, because you're not relying on anyone else!
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m-relay
<gfdshygti53:monero.social> Yep, like mo monero wallet that probably have over 2k TX in it so far (and that one is kinda new)
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m-relay
<gfdshygti53:monero.social> I leave less than <0.x% of my network in the CEX, the other >99% is in my monero wallet, but I don't touch the real thing, hilarious
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snex
"i like leverage but <0.x% of my bag is in play at a time"
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m-relay
<bono1:matrix.org> hey guys , are miners transactions down at the moment , I'm over 5 hours waiting for deposit to my wallet
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snex
bonol, miners where? get on p2pool m8
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m-relay
<bono1:matrix.org> are monero transactions down
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ofrnxmr
No
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m-relay
<gfdshygti53:monero.social> This morning I wish I had 50% of my nw in a CEX so I could have insta dumped when I woke up but noooo, I kept 99% if it in my local wallet 😢
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m-relay
<endor00:matrix.org> Only 131 txes in the mempool at the moment, things running smoothly as usual
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m-relay
<bono1:matrix.org> my wallet is synced but I haven't received my withdrawal from kucoin
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m-relay
<gfdshygti53:monero.social> Yeah, google "money management"
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m-relay
<gfdshygti53:monero.social> You know, that stuff people who don't lose everything on CEX with 5 click do
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ofrnxmr
Kucoin didnt send it then
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snex
money management is when you put <0.x% into trading but call yourself a trader
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nioCat
bono1 do you see the tx on a block explorer ?
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ofrnxmr
Check with kucoin support
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m-relay
<endor00:matrix.org> Michael Anthony does kucoin show you a transaction id corresponding to your withdrawal anywhere? If so, try plugging that into
xmrchain.net to check that it exists
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m-relay
<gfdshygti53:monero.social> I don't need to put more, I make way enough
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m-relay
<gfdshygti53:monero.social> And I can't lose, even if the thing exit scam
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m-relay
<endor00:matrix.org> RavFX 🤐 He hasn't learned about percentages yet, take it easy on him
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ofrnxmr
I super skipped check txid because iirc kucoin doesnt give you one. But its been years now
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nioCat
never used them
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m-relay
<gfdshygti53:monero.social> Kucoin give you a txid afaik
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m-relay
<gfdshygti53:monero.social> did not use it since they enabled KYC
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m-relay
<detherminal:matrix.org> If there is a problem with transactions, it's %99.9 percent not about blockchain but isntead about the client and receipent. Can you check the status of your withdrawal in Kucoin. If it shows it is sent then also make sure your Monero wallet is %100 synced with the blockchain.
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m-relay
<detherminal:matrix.org> If there is a problem with transactions, it's %99.9 percent not about blockchain but instead about the client and receipent. Can you check the status of your withdrawal in Kucoin. If it shows it is sent then also make sure your Monero wallet is %100 synced with the blockchain.
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m-relay
<detherminal:matrix.org> If there is a problem with transactions, it's %99.9 percent not about blockchain but instead about the client and receipent. Can you check the status of your withdrawal in Kucoin? If it shows it is sent then also make sure your Monero wallet is %100 synced with the blockchain.
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m-relay
<guest880:matrix.org> what's CEX again?
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agent314
anyone here?
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m-relay
<endor00:matrix.org> agent314 no
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agent314
oh ok good to know
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m-relay
<detherminal:matrix.org> Hello, does somebody hear me?
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agent314
i'm not here either then
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agent314
can anyone lend me a snowboard?
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agent314
i plan on using to ski down the monero slope
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agent314
*using it
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m-relay
<bono1:matrix.org> My wallet reads fully synced but it seems to be behind the current transaction height numbers , any ideas how to fix , using a remote node
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m-relay
<detherminal:matrix.org> Which wallet? Can you try resyncing fully
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m-relay
<endor00:matrix.org> And also, which node?
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agent314
oh sorry, i think i need to go to #monero-markets for that discussion
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m-relay
<busyboredom:monero.social> And is the wallet up to date?
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m-relay
<bono1:matrix.org> its a GUI wallet
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m-relay
<gfdshygti53:monero.social> Binance (yeah, I know, bad... evil... But Quantower work so well with the exchange that have the most volume, I love volatility)
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m-relay
<gfdshygti53:monero.social> Also Mexc, TradeOrgy...
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m-relay
<gfdshygti53:monero.social> SimpleFX (To trade Forexes and Indices mostly, I don't really touch the stocks part of it).
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m-relay
<endor00:matrix.org> CEX = Centralized Exchange, i.e. an exchange platform ran by a private company
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m-relay
<guest880:matrix.org> Ok which one do you like most? Is TradeOrg still doing XMR?
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m-relay
<bono1:matrix.org> I dont think so my height is reading 3072378
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m-relay
<endor00:matrix.org> *run, what are grammars?
-
» agent314 is nervously updating localmonero every 5 seconds
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m-relay
<detherminal:matrix.org> ACCUMULATE!
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m-relay
<gfdshygti53:monero.social> Yeah, TradeOgre is very good for XMR
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m-relay
<gfdshygti53:monero.social> And support is fast, like 10 minutes when withdraw get stuck 😂
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agent314
is it KYC?
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m-relay
<endor00:matrix.org> Yeah, current height is 3078629, so you are like 6k blocks behind (~10 days)
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m-relay
<detherminal:matrix.org> Can you try resyncing again
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m-relay
<endor00:matrix.org> Don't do this just yet
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m-relay
<gfdshygti53:monero.social> nop, tradeogre is like running in someone basement in antartica or something
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m-relay
<gfdshygti53:monero.social> no kyc
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m-relay
<endor00:matrix.org> Michael Anthony What't the node you're using? ip:port
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m-relay
<guest880:matrix.org> Oh ok, I will try them
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m-relay
<bono1:matrix.org> currently on 145.239.97.211:18089
-
agent314
oh ok, so you just buy BTC or something and then trade for XMR on tradeogre
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m-relay
<endor00:matrix.org> That node is reporting a height of 3070207
-
m-relay
<endor00:matrix.org> So it's even further behind than your wallet is
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m-relay
<endor00:matrix.org> So either it's buggy, or it's actually malicious
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m-relay
<endor00:matrix.org> And trying to spy on you
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m-relay
<bono1:matrix.org> im not technical unfortunately, can you recommend a better remote node
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m-relay
<endor00:matrix.org> Try xmr-node.cakewallet.com:18081
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m-relay
<endor00:matrix.org> Where did you find that node?
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m-relay
<guest880:matrix.org> Cake wallet works well it seems, sometimes I forget to let the blocks load all the way though. If that happens does it just reset, will that mess up my wallet somehow?
-
m-relay
<endor00:matrix.org> You mean you close your wallet before it has finished syncing?
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m-relay
<endor00:matrix.org> That's fine, it will just pick up where it left off next time you open it
-
m-relay
<detherminal:matrix.org> No it won't, you will just have to continue scanning the blockchain from where you left at. It will probably automatically do when you open the wallet.
-
m-relay
<guest880:matrix.org> Well I will be doing something in the background, then I think its synching, then it stops possibly, maybe I need to be viewing it on the app without trying to multi task
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m-relay
<endor00:matrix.org> (Unless you encounter issues when it's trying to save the wallet cache as it's closing down everything)
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m-relay
<bono1:matrix.org> thanks so much guys I really appreciate the help , used the cake wallet node , wallet now fully synced and my withdrawal from kucoin in the wallet ,
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m-relay
<endor00:matrix.org> Michael Anthony Can you answer this?
-
m-relay
<bono1:matrix.org> I honestly can't remember its been the node used on the wallet for months - year , I can't remember where I got it ,
-
agent314
wow it turns out ive been running local node this entire time i didnt even notic eit
-
-
agent314
*liked
-
m-relay
<detherminal:matrix.org> Just to say: your money was always in your wallet when the transactions is completed. You just checked your balance correctly 😄
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m-relay
<bono1:matrix.org> I just hold monero on gui , I opened again today as I wanted to take off miners I bought today on kucoin , I buy these gifts , binance essentially stole all the miners it had on the platform from its clients
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m-relay
<bono1:matrix.org> yes very well put ,
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m-relay
<endor00:matrix.org> To be fair, no miner should be mining directly onto an exchange deposit address
-
agent314
i'm not sure i understand why people would hold money in binance
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m-relay
<gfdshygti53:monero.social> exchange deposit address should only be used when you want to actually trade on said exchange.
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m-relay
<gfdshygti53:monero.social> People are laze
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m-relay
<gfdshygti53:monero.social> lazy*
-
agent314
like i've just opened my wallet, then got xmr through mining or localmonero, then paid people with wallet
-
agent314
how does binance enter this i dont understand exactly
-
m-relay
<gfdshygti53:monero.social> Way too much people use the exchange as there "wallet"
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m-relay
<endor00:matrix.org> Some people are afraid of screwing up the deposit on the exchange, and/or don't want to pay the network fees because they're too high
-
m-relay
<endor00:matrix.org> And also what RavFX said
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m-relay
<gfdshygti53:monero.social> It's convenient for them, you can log from anywhere and you don't have to setup and learn other software.
-
m-relay
<endor00:matrix.org> You can always count on users being lazy and doing the worst thing, when it the easiest
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m-relay
<siren:kernal.eu> Imagine locked staking XMR on Binance 💀
-
agent314
i'm not being derisive, i genuinely cannot understand what exactly service binance would offer me
-
agent314
except for i suppose the joy of losing xmr after trusting it to a "big, trustworthy centralized exchange"?
-
agent314
wait i get it, there's interest right?
-
m-relay
<endor00:matrix.org> If you're staking, yes. If you just deposit your coins, no
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m-relay
<gfdshygti53:monero.social> Binance is for trading and gambling. Your money don't belong there if it's for another use, except if you use credit card to buy crypto on binance, **then** you should withdraw it asap.
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m-relay
<endor00:matrix.org> ^
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m-relay
<endor00:matrix.org> Many use crypto as just another form of unregulated gambling
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m-relay
<bono1:matrix.org> being delisted from finance is a good thing in my opinion
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m-relay
<bono1:matrix.org> binance
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m-relay
<endor00:matrix.org> And when platforms like Binance offer you so many different "games" to play with, ain't nobody got time to figure out all the wallets for all the coins
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m-relay
<gfdshygti53:monero.social> If Binance is actually naked shorting XMR (seam to be the case), then yes, the delist is good
-
m-relay
<endor00:matrix.org> More avenues for money to flow into the Monero economy are good, generally speaking
-
m-relay
<bono1:matrix.org> if you look at reported volumes on kucoin , kraken etc for monero there's no way they have anywhere near that amount of actual miners
-
m-relay
<endor00:matrix.org> And that includes centralized platforms (that don't actively try to harm your economy by manipulating prices)
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m-relay
<bono1:matrix.org> miners
-
agent314
the main problem for me has been that local monero is like nearly empty now
-
m-relay
<bono1:matrix.org> monero
-
agent314
well, not empty, but fewer traders and they're asking for bigger minimum amount
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m-relay
<endor00:matrix.org> Volume != coins held
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m-relay
<gfdshygti53:monero.social> Really depend of your location.
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m-relay
<ilove9999:matrix.org> what does this even mean
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m-relay
<ilove9999:matrix.org> naked shorting xmr
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m-relay
<endor00:matrix.org> If I deposit 1 monero, and I trade it back and forth 10 times, that will show up as 10 xmr trade volume
-
agent314
i have same question as ilove9999 :)
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m-relay
<gfdshygti53:monero.social> Selling XMR that don't exist
-
agent314
oh
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m-relay
<bono1:matrix.org> the theft by binance of customers monero will encourage guy with monero on kucoin etc to withdraw , they won't be able to fulfil the withdrawals
-
agent314
isnt that what FTX did?
-
agent314
not with XMR
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m-relay
<ilove9999:matrix.org> wtf
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m-relay
<ilove9999:matrix.org> how is that even possible
-
snex
ilove9999 its possible because the chain is private so they can just lie
-
agent314
basically i get it, there's a bank run
-
m-relay
<endor00:matrix.org> ilove9999 as long as you don't withdraw your coins, you can trade back and forth as much as you like on the exchange
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m-relay
<gfdshygti53:monero.social> It's possible as long as people use the platform.
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m-relay
<gfdshygti53:monero.social> the malicious actor can buy the XMR at a lower price later. Or not at all
-
snex
if you "trade" monero with another binance user they can just say they did it and lie
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m-relay
<ilove9999:matrix.org> whats the incentive to do that
-
snex
not having to hold monero at all
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m-relay
<polar9669:matrix.org> Cap price
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m-relay
<endor00:matrix.org> Artificially lowering the price of an asset
-
snex
or hold less than you owe
-
snex
the same shit that banks do
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m-relay
<bono1:matrix.org> if I know I have 100 xmr in stock , I can sell 500 xmr because I know nobody will actually withdraw it off the exchange , finance essentially impounded the monero today , who steals something that's worthless
-
agent314
binance said they're gonna delist xmr so everyone is like OH NOES GOTTA GET MY XMR but binance being a respectable, 21st century bank of course wasted most of the monero it got from people so it doesnt have enough to pay people back
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m-relay
<endor00:matrix.org> It shows up as many people "selling", but the seller is actually the exchange creating orders that aren't backed up by coins in their wallet
-
agent314
delisting i understand, but how can they not give your stuff back and still remain solvent/liquid/whatever the financial word is for not-bankrupt
-
snex
because they arent accountable to you
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m-relay
<gfdshygti53:monero.social> They can also have fake order in the book than vanish when you hit them and shit like that
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m-relay
<endor00:matrix.org> Because the regulations for crypto platforms are still very lax, compared to traditional finance
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m-relay
<bono1:matrix.org> there giving you usdt that's fake fiat , they keep the monero
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m-relay
<gfdshygti53:monero.social> The exchange operator can do that, but the exchange users can't do that
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m-relay
<gfdshygti53:monero.social> Look like it's there plan
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m-relay
<gfdshygti53:monero.social> They are allowing XMR withdraw for like 3 months but for how much of that time that the withdraws will actually be enabled
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m-relay
<xygyl:matrix.org> Why do people even trade on Binance? Doesn't that defeat the point of monero? I suppose it's because people are treating it like any other investment, but it seems like when you misunderstand something's purpose you get in situations like this
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m-relay
<bono1:matrix.org> again there's no way the exchanges can pay out all the actual monero they have liability for , its like having 100 coats and 700 coat claim tickets , binance keep the coats , and devalued the tickets short term
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m-relay
<gfdshygti53:monero.social> Binance probably want a bunch of cheap monero for long term.
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m-relay
<gfdshygti53:monero.social> I'm sure they love monero, especially when they can make it cheaper.
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agent314
^ basically what xygyl said