Monero (XMR) thread

For those who don't want to watch the videos on YouTube, here's the BitChute and Odysee links:

 


Luke Smith and Mental Outlaw are fairly popular tech talking heads. I learned about them while I was installing Linux into my computers. They're not the crypto/finance bros that are always pumping the next shiny new thing. Monero's significant advantage over Bitcoin is it's untraceable (at least for now). Realize technology is always changing and what may have worked months ago may not work now.

I'd like to hear thoughts on how to sell this coin without raising suspicion (not that I'm doing anything illegal I just knew years ago Monero will be used by criminals). In a perfect world I would sell my Monero at 10K and reinvest it.
 

BURNΞR

Pelican


Luke Smith and Mental Outlaw are fairly popular tech talking heads. I learned about them while I was installing Linux into my computers. They're not the crypto/finance bros that are always pumping the next shiny new thing. Monero's significant advantage over Bitcoin is it's untraceable (at least for now). Realize technology is always changing and what may have worked months ago may not work now.

I'd like to hear thoughts on how to sell this coin without raising suspicion (not that I'm doing anything illegal I just knew years ago Monero will be used by criminals). In a perfect world I would sell my Monero at 10K and reinvest it.

I'm no XMR expert but I think localmonero is how most people do cash trades. In a couple/several months there's going to be atomic swaps with btc also.
 

Deepdiver

Crow
Gold Member
Looking at the Monero Chart technicals a very interesting XMR trading chart setup on the most secure and private crypto of all - Monero which has completed an intermediate 5 wave with a minor 5 wave fifth and turned into an intermediate A B and Now C leg corrective wave against the previous up trend ..

Fractal Wave Rules are that the 5 Wave and ABC Correction are part of a larger Major 5 Wave Up correlating to the 5 Wave and current ABC correction in Bitcoin - BTC being the tide that raises and lowers all ALTs. The ABC Rule is that the forming C leg which will resist the 200 MA on the 4 Hour Chart then break through below 200 MA on the Daily Chart.

The C Leg will at least equal the A leg from the B top and could extend 1.618 times A as the C leg is the fastest and typically longest corrective wave. A High - Low = 115, B high 225 - A leg 115 = Target C=A of 110.

Considering this ABC is actually a larger Major Wave 2 retrace of the Major 1 (Five Waves Shown) the exciting prospect is that the next Major Wave 3 will be a long Impulsing Wave back up to the range of the previous XMR All Time High of 469.00 basically a 4X+ trade setup in the world's most private, secure and secret Crypto.

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Deepdiver

Crow
Gold Member
See further XMR Retrace and Projections charts with explanatory info.
 
Poloniex is another exchange where one can get XMR.
They have a reasonable track record and reputation and accept customers from everywhere with the exception of the United States.
 
Poloniex is another exchange where one can get XMR.
They have a reasonable track record and reputation and accept customers from everywhere with the exception of the United States.
Nomad Capitalist has talked about how some of his clients are having a hard time signing up for ICO and consequently losing out on significant money for being US citizens. Nomad isn't a crypto bro he's a 2nd citizenship consultant.

Will the technology advance to the point where nationality doesn't matter? Maybe in the future IP addresses can be parked in a foreign country so investors don't lose out on investment opportunities.
 
Nomad Capitalist has talked about how some of his clients are having a hard time signing up for ICO and consequently losing out on significant money for being US citizens. Nomad isn't a crypto bro he's a 2nd citizenship consultant.

Will the technology advance to the point where nationality doesn't matter? Maybe in the future IP addresses can be parked in a foreign country so investors don't lose out on investment opportunities.
It seems like being a US citizen isn't as prestigious after listening to various manosphere content (alongside with Nomad capitalist). But good thing about the internet (if you're smart and tech savvy) is that you can escape most restrictions as long as there is no KYC. We have VPNs that are already parking people's IP address elsewhere. ;)
 
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kel

Ostrich
I use it as much as possible, but that's not saying much. I know people say the store of value is enough, but I really think being able to more quickly move money around would be a killer feature.
 

Deepdiver

Crow
Gold Member
I find the Nomad Capitalist Videos about "going where you are treated best" and then the homes he has bought and the USD dollar relative costs as well as the best tax situations and Crypto friendly nations around the globe to be compelling. I really liked Andrew Henderson's interviews of Michael Saylor of MSTR and Roger Ver the force behind BCH - Who knew Antigua and Nevis-St Kitts were the worlds best countries for Crypto Entrepreneurs/Investors with BCH accepted as currency everywhere and near Zero Taxes and easy to buy 2nd Citizenship with no FATCA, FBAR or FINCEN and Commie Old Joe Marxist Confiscatory Taxation...





 
While it's great to use cryptos as store value, especially since the US markets have proven to be manipulated (i.e. GameStop, savings interest rate, inflation), I feel this is not helping cryptos as a currency long term wise. Most people new to crypto out there don't even think about using it as an actual way of payment despite some cryptos transacting at pretty decent speeds like Monero itself. Not to mention that many merchants don't want to deal with the volatility when assessing the value of their crypto.

Also, I wish Nomad Capitalist would talk about Monero. Since he is no longer a US citizen, he could freely enlighten people about privacy cryptos easily without any worries. While I do think Elon Musk and other CEOs / influencers secretly use Monero, they're not going to talk about it for obvious reasons.
 
Here's some Merchants that accept Monero as a form of payment:

If a business you know accepts other types of cryptos but not Monero, let that business know that there are customers who are interested in paying them with Monero and the benefit of customers not being able to see the business' crypto wallet balance (if the business isn't an evil data miner :sneaky: ).
 
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