Last thread hit bump limit, reposting.
AS OF THE 14TH OF FEB, APEX CLEARING CORPORATION HAS HALTED THE SHORTING OF ALL CANADIAN BANKS
MEDIA BLACKOUT
MULTIPLE BROKERAGES AFFECTED - CHECK YOUR BROKER HERE AND FOR EXCHANGES YOU CAN STILL SHORT ON:investorjunkie.com
BANK RUN IMMINENT
>BANK RUN IMMINENT
BANK RUN IMMINENT
>BANK RUN IMMINENT
BANK RUN IMMINENT
>BANK RUN IMMINENT
BANK RUN IMMINENT
>BANK RUN IMMINENT
BANK RUN IMMINENT
>BANK RUN IMMINENT
Other urls found in this thread:
moneroinfodump.neocities.org
icryptonode.com
cointelegraph.com
newsbtc.com
6102bitcoin.com
coindesk.com
twitter.com
I'm a brainlet on crypto, can anyone show me place where I can learn to use them and the basic of it.
I anin't clicking that shit
we use coins dot org
What do I get for spending 120$ on this shit
icryptonode.com
it's the monero midwit.
Not as stupid as silverjews, not as stupid as the fiat normies.
But not bright enough to know how to achieve privacy on Bitcoin, and that XMR is not needed for most cases.
>Privacy on BTC
KEKW
Still better than Canadian fiat.
should we herb and report midwits?
they will learn one day, there is just one king
as for the alt circus car,
>>Privacy on BTC
idiot still doesn't know how to obtain it.
this is why midwits usually do not ascend in knowledge.
CoinJoin, JoinPay. Perfect security.
He was told that before.
He still is scared to read knowledge contradicting his point.
He probably uses gay SPV wallet and thinks "I have l33t security", is that so?
>tfw I just bought 10xmr last week and I see this thread
Explain CoinJoin.
here come the memeflaggot bitcorn botshill...
EVERY
FUCKING
THREAD
24/7/365
Bump
>noooooooooooooooooo you can't post N posts!
>1 post ITT bad!
>N posts ITT bad!
>post exactly M posts ITT!
It gets you coins banned by exchanges so merchants will charge you a premium for accepting tainted coins, or refuse your coins altogether
>YN0RD
>Explain CoinJoin.
you take N coins, and together sum up their value to produce M new coins.
List of N input coins by "address"(*) is known.
List of M input coins by "address"(*) is known.
But it is not known which one of new coins comes "from" which one of old coins.
Therefore each new coin belongs to one of the old address, but to which one - no one knows.
Do that 3 times, and your 1 coin belongs to one of up to 1000 old coins, 10,000 old coins for 4 times etc (for 10-users coinjoins).
JoinPay or what ever it's called now, is similar but the input coins are not of same value, e.g. user A puts in 0.1 BTC and 0.7 BTC and takes out 0.8 BTC spread across his 5 addresses with 0.1 0.1 0.1 0.3 and 0.2 in them.
Perhaps one of these addresses like 0.3 one is not even "his" anymore but he is btw making a payment to someone else.
All this makes it hard to track, and hard to be sure which transactions are "hidding" coins and which are "normal".
Each multi-in multi-out transaction MIGHT "by the way" increase privacy. You can't ban all of them. That is why KYC jews are fucked.
It all works kinda like if you would take gold bars with serial numbers and smelt & re-cast them into new bars of various sizes, in a secret meeting between few people. Everyone comes out with same amount of gold.
It is public knowledge which serial number bars were brought into the smelter and what are the new serial numbers for new bars, but all users coming with them are masked. (Tor does the masking, for example - as long as p2p communication to negotiate the coinjoin/joinpay transaction was in fact private, there is no information in blockchain at all that could point which of new coin/s is which of old coin/s)
(*) uh actually by UTXO number, which is more exact than address - past tx id + vout number in it)
a botnet that spies on your transactions
>BANK RUN
Useless because the Central Bank will simple loan as much paper money as necessary.
Have you slept with the global financial crisis? The whole bank run meme was completely eliminated. Since the global financial crisis central banks are allowed to simple activate the printer to make sure that a bank run is impossible.
btw, this doesn't mean inflation will happen. The paper money will simply be removed when people have trust in the banking system again and deposit their money.
You have no idea what the central banks are allowed to do in emergency situations after the global financial crisis. Yes, the central bank is even allowed to buy fucking company "promises" called quantitative easy.
This also doesn't increase inflation. Inflation (most likely expected inflation), nominal interest rate and real interest rate are three different things. Central banks already stopped giving a fuck about paper money supply and just regulate through their targeted interest rate.
Bank runs were a thing in the past where central banks were told to not change their behavior if banks need more cash. Now central banks are allowed to print money without restrictions if an emergency happens.
oh and that's just one approach.
LN clients that would be privacy oriented leave 0 trace onchain about your usage of that money.
Sidechains also can do anything they want, including exactly what Moner does, while still using Bitcoin as the currency, and while still benefiting from BTC's hashrate.
Monero was ok to get people fastly started on privacy. But ultimately Bitcoin will take over all of it, in a year, or decade (it's ok we are patient).
someone putting this much effort into shilling against monero means it's probably something you should check out
I clicked it in a controlled environment, it's legit
Pretty sure it gets posted in /XMRG/ on biz frequently too
Do you have to do this and the precious metals thread, or do they spring for a second shabbos goy to manage both?
>*getting it all explained why Monero is not needed*
>shilling
>every fact not matching my opinion is shilling
ok NPC
BTC isn't even used for deepweb market sales anymore outside of honeypots.
Stapled on privacy cannot compete with L1 privacy.
>do you have to enlighten EVERY boomer rock thread?
>you will always cockblock us from spamming old and failed "solutions" in peace?
stay poor, paranoid schizophrenic
see + >but druggies do not use it!
people are not always smart.
Monero started shouting about privacy early on, and tools that do it easily there were available early on. That's nice. Just know how situation really is and in what direction it changes
>HALTED THE SHORTING OF ALL CANADIAN BANKS
Honestly I'm not a fan of shorting generally so that's not a bad thing in and of itself
i don't take the opinions of a memeflag ESL very seriously if at all
>Stapled on privacy cannot compete with L1 privacy.
also, Bitcoin supports privacy since 2009. But wallets that automate it, like Wasabi wallet, are out only in last year(s). Btw avoid Samurai it is gay (they lied about their privacy, knowingly, about RPC security).
also, L2 privacy is ideal idea - there is literally 0 data onchain about your transactions.
Coinjoin to obscure on-chain L1 the fact that you at all have some BTC.
LN privacy oriented wallets to totally remove from blockchain (never publish) at all ANY data about your transactions done with the funds you prepared in L1.
>*flagwhininig suddenly, in middle of technical discussion*
Even XMR is vulnerable to statistical attacks, BTC is wide open to someone with the resources and determination to track funds. Pseudonymity is great for social media, but shit vs a powerful state
Fiat is still a practical necessity in life for almost all folks, whether they want it to be or not.
there is not a single technical thing you you have described in fact it looks more like marketing
golem get ye gone
This is literally just what monero does on chain without the addition of monero's address obfuscation.
If this is how CoinJoin truly works, it's just a shitty knockoff of XMR with even less privacy.
Using an L2 based service introduces additional systems that you have to trust and additional points of failure.
>But not bright enough to know how to achieve privacy on Bitcoin, and that XMR is not needed for most cases.
>CoinJoin, JoinPay. Perfect security.
Just jump through extra hoops and hope you didn't fuck up, bro!
Threadly reminder that using mixers or CoinJoin will get your coins flagged or seized for suspicious activity
>Binance Returns Frozen BTC After User ‘Promises’ Not to Use CoinJoin
cointelegraph.com
>Major Exchange Restricts Crypto Transactions Linked to Coin Mixing, Sparking Privacy Concerns
newsbtc.com
>CoinJoin Flagging
6102bitcoin.com
Also note that Wasabi doesn't keep you safe either, chain analysts are still able to track these transactions, as seen recently:
>Money Trail From Liquid Exchange Hack Points to Wasabi Privacy Wallets
>Although Wasabi is a non-custodial wallet that doesn’t store users’ funds, it generates addresses for CoinJoin transactions that blockchain analytics tools have learned to identify. Crypto sleuthing firm Elliptic did this last year, following bitcoin coming from the infamous Twitter hack to addresses associated with Wasabi.
>According to Crystal Blockchain, wallets associated with the Liquid hackers received some 1,168 BTC in total, most of which they got by swapping other cryptocurrencies for bitcoin on several exchanges.
coindesk.com
The lesson here being: just use Monero, there's a reason why the darknet and ransomware pirates are switching over to it - it works.
>BTC is wide open to someone with the resources and determination to track funds
besides using CoinJoin/JoinPay you also have to use your brain.
If you buy 158 BTC today, tomorrow "someone(s)" suddenly rush mixing of around 158 BTC, and 2 days later Free Euroasia got around 157.9 BTC worth of new gear with funds they somehow acquired, then yea you might get a visit from Ministry of Truth.
>LN clients that would be privacy oriented leave 0 trace onchain about your usage of that money.
>Sidechains also can do anything they want, including exactly what Moner does, while still using Bitcoin as the currency, and while still benefiting from BTC's hashrate.
>Monero was ok to get people fastly started on privacy. But ultimately Bitcoin will take over all of it, in a year, or decade (it's ok we are patient).
*yawn*
>created ~4 years earlier
>"knockoff"
lol
It does the job, you can't deanon that due to large privacy set. This makes XMR more and more not needed, and anything else is possible in BTC in future. So yeah.
>Just jump through extra hoops and hope you didn't fuck up, bro!
>*uses XMR SPV wallet*
whoooooooooops!
Just filter and refresh, he's either a BTC maxi or a shill trying to derail the thread, he has no clue how any of this stuff works.
>*re-pastest tons of propaganda*
>*fails to explain how he would deanon transactions as described in
with LN on top*
le NPC.
>facts le bad
Youre fucking kidding right? LOL