Monero

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>workers have control of means of production
>this means forced equality of production

If you are going to insult an economic system learn what it is about instead of meeming, be like me saying capitalism is one evil guy controlling everyone else.

>>1148589
>workers own the means of production
>socialism

If you're going to defend a shitty economic system at least learn what it is first. That's be like me saying crony capitalism is when consumers are brainwashed to buy goods with a planned obsolescence.

>>1148589
>workers have control of means of production

Sure you're not meeming? When do the workers ever control production? You mean Stalin/Mao/some other control freak shit cunt controls production.

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>>1148569
I have a theory (probably delusional) that there are a lot of reasons Monero is on the down low atm.

- Oviously it can't compare to the paid shilling of Eth and Dash

- Related to this I think there is also paid fudding by people who don't want xmr to take any air from an eth pump and by people involved in the dash scam

- On the other side of the equation I think people accumulating xmr are happy to keep the price as low as possible until they have accumulated as much xmr as possible. Xmr is a legit chance of becoming a long term moonshot because it is solid technology with a strong use case. Dash and Eth are flawed and cannot work in the long term so it makes sense that they are pumped and dumped before the flaws become apparent. It's the opposite for monero instead of p&d it's fud & accumulate until the strengths become apparent.

- Also the Monero community as a whole are unlikely to hype Monero publicly until the GUI is released which is probably a few months away

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>>1148707
In terms of my third point there will still be plenty of xmr to be mined until 2018. Until that point long term believers might want to keep Monero on the DL so they can get as much of the emission as possible. As opposed to coins with crowdsales where the pump can start straight away.

Interestingly, after making this thread, there's a sudden spike in buying into XMR after weeks of nothing.

>>1148707
Interesting to know, thanks. Do you think Monero will be added to Microsoft Azure's BaaS?

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>>1148569
Yea but Monero is a piece of shit and everyone in the crypto world and their grandmother knows that, plus it's name sucks and sounds like a generic mexican toilet paper roll.

>>1148569
How to prove the superiority of capitalism on /biz/:
>OH MY MY GOD YOU BERNIEKEK LOSER KEK KEK YOU ARE SO DUMB AND YOU HATE AMERICA OH MY GOD YOU'RE SO DUMB QUIT USING AD-HOMINEMS AND KILL YOURSELF SINCE YOU DON'T KNOW HOW THE MARKET WORKS LIKE ME AND YOU'RE A CENTRALLY PLANNED LIBERALARTSFAG YOU KEK LOSER DIE

>>1148569
it's literally developed my Mexican ponyfuckers

>>1148723
That breakout looks like it fits with technical analysis perfectly, nothing to do with this sorry senpai.

As for BaaS, don't know, don't care desu.

>>1148707
Trust me, i shill against monero all day long and no one pays me a fucking penny.


I hate the name of it, i hate the devs, i hate the community, i hate all the threads about it, i hate the technology, i hate fat smelly mexicans which is what im reminded of any time i read the word "monero"

I just don't like hearing the word "monero".

Ethereum can accomplish the same thing as
monero with ring signatures inside contracts I think its called. Also something to do with the whisper protocol
Once ethereum takes off there will be no use for xmr

>>1148745
But why do you hate them?

>>1148756
The name mainly. I have an automatic disgust reaction to anything that sounds spanish as all good anglos should.

Add to that the fact that the people who invented it are anonymous so zero accountability.

And "fluffypony" the lead dev strikes me as not a serious person. And is the sort of person who im revolted by.

And the constant fudding of dash when monero was shipped with a deliberately gimped miner which gave people in the know a massive unfair advantage.

Not that i like dash all that much either.

>>1148745
>I hate the name of it, i hate the devs, i hate the community, i hate all the threads about it, i hate the technology, i hate fat smelly mexicans which is what im reminded of any time i read the word "monero"
>I just don't like hearing the word "monero".


geeze you hit the nail on the head, but what is interesting is how did I ended up just hating Monero out of nowhere.

For some odd reason it may be it's name and the color of it somehow.

Oh and the fact that they claim it's "anonymous" when anyone who isnt a total retard knows there is no such thing in the entire world.

In the end there's no such thing as anonymity and using monero would probably mark you out to be watched more closely.

And the fact that risto controls a massive amount of the shit and he is a crazy unstable fucker that got lucky with btc and is a repugnant fat cunt just like fluffypony.

Crypto needs a clean out of all the gen X sleazebags. And a good place to start would be monero.

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>>1148675
Stalin and Mao were not proletariat (or workers) who had the means of production, while the workers did not, it was STATE ownership of the means of production not WORKERS ownership of means of production you fucking retard, go read a book you dumb nigger before you spout like some fox news viewers throwing up what they last heard.

And an example would be a coop, the workers own the means of production, not a single figure or group, now I am not defending socialism I just find it impotent that people who are against it while have no idea what it is, has an understanding.

Again it would be like a socialist screaming at you how capitalism is one person dominating everyone else into submission.

>>1148598
This is just from Oxford but any dictionary will agree that workers own means of production.

"a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole."

Notice the word community and not dictator, don't say "learn what it is before x" when you yourself could not even be bothered to read a book on socialism or even a 5 second goggle search, go read Karl Marx if you want an understanding on what it is, I am not promoting him, just stating you should read his books if you want an understanding, unless you are going to be a twat who goes "huehue not reading a book cuz its done by someone I heard was bad from /pol/."

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>>1148756
It never had any media coverage in the slightest, even worse is that people know about it and throw a *meh*.

No one knows the developers nor cares, the name sucks balls *again*, the community talk like *NPC's* the price is not even volatile and just sits at a price.

The thing about it is that it's not good or bad, it's in fact worse then that... It simply is just nothing.

>>1148775
I know. The name just sounds fucking HORRIBLE. And that stupid fucking orange coloured M i swear the logo used to different but even worse.

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>>1148707

If you want some feedback "monero community".

The name sounds stupid. Stop trying to appeal to fucking spanish people. I don't want to own the same coin as a fucking smelly south american peasant. None of them know shit about crypto anyway.

The name of a Cryptocurrency should make us feel elegiac and future facing not remind us of a sweaty peruvian peasants manky flipflops.

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>>1148785
I could accidentally drop a cutout cereal box cardboard M shaped by a kindergartener into a pile of shit and slap it face down on a printer and the price would probably be over 2$ at this point with just that alone.

Whoever designed monero and it's *Extra* decentralized mumbo jumbo bullshit I mean seriously can these fuckers actually develop anything new? It's been a fucking year already not even new announcements, instead of shilling there stupid fucking beaner coin why not spend that time and energy developing something.

>>1148793
What should the new name of monero be?

Stealthcoin

Plasmacoin

UFOcoin

Cloakcoin

Change the name to any of those and the chart would be a 45 degree angle due north east guaranteed

>monero

Sounds like some kind of greasy cheese based snack from panama.

buy some monero, stupid gringos

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>>1148569
>>1148569
I was so close to purchasing Maid and Dash but since you have to or can buy them with Monero I stay the fuck away from them.


Tbh if I were to wiegh my options on purchasing XRP-Ripple and Monero I would not bat an eye at all in comparison to the 2 champion shitter coins, I mean XRP straight out tells you in your face that 999999% of the coins are owned by some sleeze bag group of faggots and probably a hyper steroid ponzi coin that will fail but even still.


If I was only given 2 choices either to purchase Monero or successfully murder my whole family bloodline with a blowup balloon hammer in less then 48 hours or ill die, ill take the family challenge.


Sweet fucking god OP I can feel in your typing your such a fucking faggot and it's radiating on my computer screen, Monero makes Stan Larimer look like The second coming of christ.

Oh god I fucking hate Monero and I don't know why, it's like some kind of default setting heading into the crypto world.

It's like that fat chick in a group of girls, or the feeling of a nigger trying to be white in a group of white people, or a nigger that likes anime, that feeling OP THAT FUCKING FEELING OP CAN YOU FEEL IT? THAT'S HOW WE FEEL EVERYTIME WE SEE THE LOGO AND HEAR/SEE THE WORD *Monero*.

Jesus christ what kind of abomination of a picture is this, are you trying to summon the great shit lord of the 11th circle of the underworld in charge of demon diarrhea shits with this sigil

>>1148814
Exactly. I read it in that voice. Every time it crops up in text i find my inner voice saying it in a mexican accent.

Spanish people are a plague and have contributed absolutely nothing of worth to humanity in recent memory.

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>>1148569
>>1148569
I was so close to purchasing Maid and Dash but since you have to or can buy them with Monero I stay the fuck away from them.


Tbh if I were to wiegh my options on purchasing XRP-Ripple and Monero I would not bat an eye at all in comparison to the 2 champion shitter coins, I mean XRP straight out tells you in your face that 999999% of the coins are owned by some sleeze bag group of faggots and probably a hyper steroid ponzi coin that will fail but even still.


If I was only given 2 choices either to purchase Monero or successfully murder my whole family bloodline with a blowup balloon hammer in less then 48 hours or ill die, ill take the family challenge.


Sweet fucking god OP I can feel in your typing your such a fucking faggot and it's radiating on my computer screen, Monero makes Stan Larimer look like The second coming of christ.

Oh god I fucking hate Monero and I don't know why, it's like some kind of default setting heading into the crypto world.

It's like that fat chick in a group of girls, or the feeling of a nigger trying to be white in a group of white people, or a nigger that likes anime, that feeling OP THAT FUCKING FEELING OP CAN YOU FEEL IT? THAT'S HOW WE FEEL EVERYTIME WE SEE THE LOGO AND HEAR/SEE THE WORD *Monero*.

Jesus christ what kind of abomination of a picture is this, are you trying to summon the great shit lord of the 11th circle of the underworld in charge of spewing geyser of shit in the middle of shit mountain of demon diarrhea shits with this sigil.

What the fuck is this thing, is it supposed to hype me or some stupid shit for validation that Monfuckaroos is relevant

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>>1148818
Keked because it's true

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>>1148812
Oh god the best part is I think Monero may go up in price again so in order to look like it's being relevant to the other crypto pumps as well, even a SJW attention whore girl cam twitch streamer that goes to church every sunday can see what Monero is and doing.

>>1148778
>Crypto needs a clean out of all the gen X sleazebags.

That's a bit extreme. Gen x is 10x better than boomers and they're still clogging up most things. Besides you can't just have 20 year olds working on crypto.

>>1148764
>And "fluffypony" the lead dev strikes me as not a serious person. And is the sort of person who im revolted by.

Fair enough but he's I think it's important to have all sorts of people in a team. He probably wouldn't be someone I'd hang out with but he makes for a fairly good leader and communicator for the project.


>Add to that the fact that the people who invented it are anonymous so zero accountability.

Well fluffypony and David Latipie are not anonymous so that's already more accountability than Dash with only one dev.


>And the constant fudding of dash when monero was shipped with a deliberately gimped miner which gave people in the know a massive unfair advantage.

The Monero launch was about as fair as it gets in crypto. The Monero devs didn't realise how gimped the miner was because the were basically trying to launch a fairer version of ByteCoin without the ninja-mine. It wasn't long before a proper miner was released and in the mean time it looks like most of the xmr mined were dumped onto the market by these guys and xmr was distributed by buying on exchanges instead of by mining. Nothing compared to the Dash pre-mine, Eth foundation or Satoshi's 1 mil. Link below to interesting story.

http://da-data.blogspot.com.au/2014/08/minting-money-with-monero-and-cpu.html

>>1148843
You're ignoring the main thrust of our complaint. Which is the STUPID FUCKING NAME. The silly logo with terrible colours! And the vibe which is horrible.

Do something about it monero community member!

>>1148829
Not even the shills are here, like I sad NO ONE gives a shit about Monero and just goes *meh*. It's such a buzzkill.

>>1148783
> people know about it and throw a *meh*
>The thing about it is that it's not good or bad, it's in fact worse then that... It simply is just nothing.

>>1148789
>>1148793
>>1148818
>>1148841
Thanks for contributing, with enough fud Monero might become 'something'!

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>>1148569

>>1148860
Why would anyone want to reward stupidity and/or mexicans and/or sleazebag whales by buying monero?

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>>1148852
Honestly idgif about the name because I like the technology but obviously it is important.

What do you think about Aeon for name and logo then?

>>1148869
Its better than monero

>>1148860
Coins always pick up a spark once in a while, but the name and logo are so... I don't even know how to explain it, it's like a buzzkill.

The name and logo will shut off any kind of traction it would try and get, I am willing to bet money if that were to change these would go north quickly I shit you not.

And there would be countless of posts brining up *oh thank god you changed the name*.

>>1148569
>why isn't Monero getting more attention?
too 'ethnic' sounding

>>1148874
>>1148869
Oh god anything is better then Monero, you know I spent 2 weeks figuring out what the hell was XMR in chats because XMR sounds to decent look compared to Monero to know the difference.

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>>1148569
Wait hold on op I'll take a huge shit soon.

>>1148876
I do like xmr more than monero. I think it is assumed that upon becoming more mainstream some new slang that is two syllables or less will appear for monero. I guess you're saying that without a better name it won't become mainstream though. Maybe. Would FB have become big if it was called "The Facebook"?

>>1148569
I recommend before changing the name like vanilla coin add some dumb mumbo jumbo added 2.0 majigger stuff and do a launch countdown crap.

Or since no one knows about monero or cares just change the name and slip under everyone's feet.


LOL MONERO IS TRULY ANONYMOUS BECAUSE NO ONE GIVES A SHIT ABOUT IT AND ITS STEALTHY AND INVISIBLE

>>1148890
>two syllables or less

What? Like "moner" or "moro"


Here's a genius idea for anyone who wants to be a millionaire: fork monero but the only thing you change is the name and the logo.

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>>1148792

Yeah, they have that. It's called Aeon. Exact same technology, but for wanna-be residents of Elysium vs. the peasants.

Pick your poison - both are anonymous and untraceable, but Monero is more heavily developered at the moment. Eventually both may be head-to-head competitors.

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I will say that Monero (or Aeon) is important because privacy is important. Compare http to https. Both are needed, just like in international politics and business both public and private moves are needed.

It is quite possible that in the future we will have decentralized public money via Bitcoin, and decentralized private money through Monero.

>>1149005
>>1149005
Holy christ your so fucking boring, I don't care about need this X that because some catchy pepsi coke comparison.

Will it make me money now? Idc there are lots of things that will make money in the long term.

This is /biz/ on 4chan stop it already

>>1148821
>discovering the new world
>nothing of worth

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>>1149033

Yeah, if you're looking for a shady pump and dump, you should def look elsewhere. Just remember to take profits and return them to Monero or Aeon hodl'ings afterwards for a next-gen long term form of value (with lots of growth potential).

As an added benefit, no one can track you through archaic public blockchain technology.

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>>1149108
Monero makes shady pump and dumps look like donations to orphanages.

No thanks, I would rather stick with Bitcoin and Ethereum.

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>>1149111
>Monero makes shady pump and dumps look like donations to orphanages.
>No thanks, I would rather stick with Bitcoin and Ethereum.

Bitcoin and Ethereum makes shady pump and dumps look like donations to orphanages.

No thanks, I would rather stick with gold and silver.

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>>1149119
the price of gold and silver are manipulated by the elite, and the NSA created bitcoin for a cashless society and a trojan horse to a traceable currency which will be using smart contracts to hold assets like car registration,toasters and your gold/silver.

>>1149142
>NSA created bitcoin for a cashless society and a trojan horse to a traceable currency
Oh shit! Are you the guy that used to post here all the time? I bookmarked the archive to the thread because it blew my mind. I've never actually seen so much interesting stuff posted in one thread on biz before.

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>>1149142

TFW you realize you are literally arguing with a homeless nutter on Starbucks public Wifi.

I believe ETH has only gained momentum because they were the first crypto that took a professional approach. Other than that its just gimmick technology that will never be used or made profitable.

Do any other cryptos take a professional approach or is it just a bunch of shitty websites with raw html and broken links?

>>1149142
All the more reason to have Monero. Better to use a currency with a shitty name and privacy than one which is completely tracked by the government and elite.

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"Monero" is Esperanto for "coin." It's actually a compound word in that language, mono (money) -er- (piece).

I've studied Esperanto, and I think it's a great name.

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>>1148779
>in Capitalism, workers are only paid to meet their basic needs.

This is actually bullshit, worker salaries are subject to supply and demand forces. Capitalists would actually pay less than basic needs if a worker is willing to work for it. But when there is a labor shortage, salaries will go up.

There will be no labor shortages as long as SOCIALISTS keep luring in millions of barely literate "workers" (and their unproductive families) with promises of FREE SHIT, not "access to the means of production." They do this to secure votes that cement their own power, not because of any grand vision. The free shit is paid for by punitive taxation on capitalists- fleecing the golden goose- so capitalism is necessary for socialism to have any chance of functioning.

Commies are retarded.

>>1149391
You hear that guys, the reason that capitalism in its current state is so corrupt, dysfunctional, and beholden to greed, is because of SOCIALISTS.

Yep, it's that damned socialism that's fucking everything up in the USA.

>>1149080
I said "recent" memory.

>>1149373
Esperanto sounds spanish. Thats why no one wants to learn it.

Number of esperanto speakers is equivalent to the number of monero buyers.

>>1149401
Am I even on /biz/ right now? What are you commie retards doing here?

>>1149553
What, did I interrupt your circle jerk? I'm sorry, please carry on.

>>1149569
>circle jerk
Basically every post in this thread has been a back and forth argument about something.

>>1149578
Yeah I guess I had one of the many other threads in mind.

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>>1149401

>>1148569
Shitty low-information meme.

It doesn't even make sense.

Socialism is about government owned production.

In a democracy, it turns into regulation ordained by the masses.

Destroying shit because you don't have it is destruction.

A better analogy would be (and in an ideal world)

>You see a better sandcastle than yours.
>You see it was earned by breaking financial laws, using loopholes, exporting jobs to India,etc.
>The masses come up with FAIR regulation.
>Company ideally is regulated to a point where it benefits the masses and not only the private owner. Jobs aren't sent to India, people are given decent wages, etc.
>Nobody even touches the sandcastle (unless the company owner broke the law and is in prison).

Is this perfect? Of course not. 95% of the time, regulation would probably be too little or too much.

When the idea is scaled down to the level of a co-op, it's a lot better. Instead of the government owning the company, it's jointly owned by colleagues.

>Everyone gets profits
>Potential for no managers at all
>Everyone makes decisions, so people can vote
>Company can't fuck over workers because they have a say in decisions.
>Everyone is invested personally and knows the business more than the masses.
>Profit-sharing is true meritocracy, instead of a hierarchy where the larger positions rake in piles of excess un-earned income from the labor of the workers.

>>1148569
Because Monero is not really that much unique.

It is Bitcoin with anonimity and Bitcoin sucks.

Who needs anonimity anyway? Not normies.

And Bitcoin can be tumbled to be anonimous.

Also, name sucks, sounds like some spic bullshit.

>>1148785
The color in logo reminds me of Tacos and Burritos, all spicy mexican diarrhea foods.

>>1148996
that logo looks like washing powder for whirlpool

Monero is actually one of the most sane coins in a see of hype shit and scams. Time will tell if it succeeds.

>>1149876
All that bullshit is fine, but ask yourself, how do we get there? With greater military-backed, jackbooted government coercion or giving people more freedom, by removing artificial barriers to entry (like unnecessary licensure requirements and discrimination against workers whose skill set makes them less valuable than an arbitrary minimum wage?)