Bada₿it

Vanadium also interrupted the connection and alerts you it's probably a fake website that slightly changed the URL. Nice.
Should Mutiny buy up all these domains?

2024-02-14 15:09:24

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I guess this means someone is not yet all in ?

2024-02-14 10:28:34

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I can buy more stuff with my corn?

2024-02-08 16:06:51

Gotta love mempool.space.
https://m.primal.net/HbVX.jpg

2024-02-07 20:40:49

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Bisq indeed has high volume XMR trades (a few power users), but the absolute majority of trades are not with the Monero trading pair.
There is no "major" demand. It's at best niche compared to demand for bitcoin. Atomic swaps have been a buzzword for many years, glad to see there is finally smth happening there..

2024-02-07 20:30:11

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Why swap to a slow bleeding privacy coin every month, if you can use the best SoV privately already today?
You are forgetting that you also need to acquire Monero before you "hit the send button". The swapping to non-kyc Monero can also be considered tedious and expensive. Not a lot of apps and low liquidity. Acquiring bitcoin non-kyc is a breeze with Peach, Robosats or Hodlhodl, because there is demand and adoption.
The reason that the happy few can transact cheaply on Monero today is because adoption is so low, hence fees remain low. Monero is not even processing 10% of Bitcoin's onchain txs (again small anonset, and even disregarding all the LN tx here). Demand is just so low that it's a "fraction of a cent" now, but this is not sustainable if you think Monero will be successful and adopted more widely.

2024-02-07 19:23:08

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Lol, have you read the article?
“Senders have amazing privacy on Lighting on a general level,” Giorgio said.
That's right, "amazing" sender privacy just like I claimed.
Receiver privacy is being worked on, but let's not claim Monero doesn't have any challenges. It can't scale, there could be an inflation bug, etc. Bitcoin made the right choice to build on a foundation of transparency, and to add privacy later. The market has been confirming this time and time again.
Also, Bisq and Robosats are Bitcoin decentralized exchanges that happen to offer an xmr trading pair. Xmr trading is very limited to almost non existent on them.

2024-02-07 19:07:38

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Monero is a bad store of value asset, meaning you need to swap in and out every time you want to use it, else you lose purchasing power. These swaps reduce the anonset further.
If you instead open a LN channel with a non-kyc, conjoined Bitcoin UTXO, you can spend when and where you want privately, without losing purchasing power over time.

2024-02-07 18:38:52

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When you spend through Lightning, your anonset is practically the entire LN network.

2024-02-07 14:58:46

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True, but Bitcoin did a 20x prior to that..
Bitcoin has had ridiculous tx fees indeed, but scaling is being worked on. One onchain tx can now allow for thousands of L2 tx.
Monero privacy is impacted though by the small anonset. Having less and less ways to obtain xmr will hurt adoption and the anonset at play.

2024-02-06 22:53:26

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Good for you but won't happen.

2024-02-06 14:40:45

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It's getting slapped back to 100 USD. But price doesn't matter, right?

2024-02-06 11:28:22

Binance announced they will delist Monero in two weeks.
XMR maxis celebrating. XMR holders rugged.
Friendly reminder to not hold any XMR, as it will continue its slow bleed against BTC in the coming years.

2024-02-05 16:58:35

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Use Mutiny or Zeus to set up a LN channel from a non-kyc/coinjoined UTXO, then use this Lightning channel to spend.

2024-01-28 09:28:08

Can you smell the ocean, anon?
https://m.primal.net/HZbq.jpg

2024-01-27 13:43:49

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Thanks for the pointer!

2024-01-27 08:57:11

A blue dildo appears..
https://m.primal.net/HZUA.jpg

2024-01-25 22:14:12

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Maintaining a routing node: yes, running some private channels: no.

2024-01-25 22:11:00

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Nah, btc through Lightning is the way to go.

2024-01-25 06:04:28

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It will become unusable and centralized as it can't scale. That's obvious, no?
https://nitter.net/giacomozucco/status/1749150808782839895#m

2024-01-25 06:02:14

https://m.primal.net/HZFB.jpg

2024-01-25 05:57:21

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So how come I can make hundreds of tx with only one onchain tx? You do not consider this multiplier scaling? That would be disingenuous tbh.

2024-01-25 05:54:41

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https://nitter.net/giacomozucco/status/1749150808782839895#m

2024-01-25 05:23:32

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It can't scale.

2024-01-24 20:14:54

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That's because no one is using it. If more people would use it, you'll run into problems fast.

2024-01-24 12:24:38

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Yes it does. LN scaled Bitcoin. How does Monero scale to the same level?

2024-01-24 12:23:29

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It doesn't scale, so there's that..

2024-01-23 23:00:48

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Interested to hear how his favourite coin Monero is planning to scale..

2024-01-22 18:31:24

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Make sure to have a non-kyc stack before they enforce a hodl tax.

2024-01-22 10:12:14

Yesterday, 85% of all tx on Bitcoin were monetary, non-spam/scam tx. The highest since October.
Udi is now doing whatever it takes to keep his "magic" alive, begging people for 300 btc so they can have groundbreaking cat jpegs on Bitcoin. Udi the Innovator.
https://m.primal.net/HYlz.jpg

2024-01-21 19:23:47

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Peach is indeed recommended. You can buy 10 tranches of 1k in 10 days.

2024-01-21 10:28:59

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What's an affliate?

2024-01-15 09:55:44

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We won't comply and they'll cry harder.

2024-01-14 22:09:46

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Rogue money? I'm already for it, no need to sell it to me 😊.

2024-01-14 19:00:16

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There's no proof and consensus it has positive effects. So no facts that support your claim. Better?

2024-01-14 17:13:45

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Not sure if there's medical consensus on that, it's quite a controversial topic it seems.

2024-01-14 12:51:05

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Take it easy. I didn't say anything regarding the state of the country nor Biden. I only said Trump is an idiot. This is common knowledge.

2024-01-14 12:21:21

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Also, the quantity of fails should not matter. Either you're stupid, either you're not. There is tremendous evidence suggesting the man is stupid. If you wish to ignore that, good luck to you..

2024-01-14 12:19:23

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What "movement"? I'm just a guy pointing out the obvious with a video that took me 5 seconds to find 😂

2024-01-14 12:07:29

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These were clearly his suggestions, which make him certified smolbrain stupid.
Feast your eyes on the stupidity of a man that does things like looking directly into the sun.
https://www.youtube.com/watch?v=mvndXb-7XtU
But like I pointed out, this is a futile discussion.

2024-01-14 11:51:01

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https://www.youtube.com/watch?v=zicGxU5MfwE
But I guess if you still support that man today, you have a particular knack for ignoring facts.

2024-01-14 11:26:18

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Remember how he proposed to inject people with disinfectants to beat the corona virus?
That should suffice...

2024-01-14 08:32:50

Yesterday, 72% of tx on Bitcoin were shitcoin mints/tx.
I guess fees didn't solve the spam.

2024-01-14 08:15:56

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He's an idiot though.

2024-01-13 12:01:54

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Mind blowing stuff!
https://m.primal.net/HXiU.webp

2024-01-13 07:44:47

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The approval was, the impact most likely not..

2024-01-11 18:14:31

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Nice color on the 'Pending'.

2024-01-11 07:28:20

Apparently this was a buy-the-shitcoins event.

2024-01-10 22:30:40

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Isn't there a risk here of devs getting captured by the paper monster/"the suits" ?
Let's destroy the suits, but first let them payroll us?

2024-01-10 22:14:45

Don't buy the #paper.
https://m.primal.net/HXSj.jpg

2024-01-10 14:46:01

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How about stacking no kyc to a cold wallet?
Do your kids a favor and save them some black market money.

2024-01-08 14:44:39

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Oh shit, now I'm feeling bullshit.

2024-01-08 14:38:00

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Someone is feeling bullshit today.

2024-01-08 11:25:39

This story is hilarious.
Two spam apologists tried to prove that spam filters don't work, but their test tx have still not been confirmed on chain after more than 30 hours. Seems like Bitcoin spam filters are effective in discouraging such behavior🧐.
https://nitter.net/oomahq/status/1744120014574076160#m
https://m.primal.net/HWyk.jpg

2024-01-06 09:48:34

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Bitcoin miners:
https://m.primal.net/HWmH.jpg

2024-01-05 17:16:22

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Loved the read, thanks for sharing.
Again the same old predictable criticism in the comments, but also quite a few positieve reactions (and some nice downvotes). The tide is turning, slowly but surely!
https://m.primal.net/HWgL.jpg

2024-01-03 18:31:48

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"Tokens" is quite the euphemism for pump and dump shitcoins. By trying to be neutral, you only normalize the spam. It's better to be clear and call it what it is: 32% of fees were paid by spam tx.

2024-01-03 14:23:14

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Keep in mind it's being updated every day, so past performance is a bit misleading. Go look at the previous iterations and you'll see what I mean. It did give an accurate range/trend though.

2023-12-30 21:42:13

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It's not a free market. There's a witness discount.

2023-12-07 17:48:49

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Quit larping and read my message again. Bitcoin is already "censoring". Bitcoin already has rules that "censor" certain tx.
Adding a spam filter is not the censorship you should fear, from the comfort of your cosy couch. Meanwhile people with less means that need Bitcoin more than you are priced out.
That's the adoption I mean. Not the dollar signs you think about when you hear the word adoption.

2023-10-23 09:12:54

Anyone else often experiencing a random force close on #Mutiny or #Zeus (Olympus) ?

2023-09-22 06:08:24

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Oof, where did I say I was scared? No need to put words in my mouth :-)
Oh please tell me what the plot is, "crypto" fanboi.

2023-09-05 19:20:31

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Ah so here we have it. The crux of the matter. Alas, you're not interested in giving the people better money. Monero is a privileged coin for the happy few that have access to it and can transact anonymously. Bitcoin, however, has a bigger mission.
So please step aside and be gone with your privacy and scaling criticism, as you offer no alternative solutions in terms of a better global money. It's easy to criticize, maybe try some constructive feedback and ideas...

2023-09-05 12:14:57

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But how do you scale to mass adoption and replace fiat? Or are you just interested in YOUR ability to buy groceries anonymously?

2023-09-05 12:05:27

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Everything is better than a chain for the happy few.

2023-09-05 11:33:47

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XMR scaling solutions:

2023-09-05 07:15:20

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"Exchanges delisting it" as a selling point made me chuckle. Much adoption, much wow.
Monero is too obvious for the state. It's getting banned and criminalized everywhere, and no one wants to hold it for long. Bitcoin is the ultimate savings tech that many adopt, and a trojan horse towards the state.

2023-07-19 18:49:28

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Throwaway e-mail and no location rights on GrapheneOS...