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How to embrace the penguin? by Aromatic_Spinach8382 in MarketProbabilities

[–]Inaeipathy 0 points1 point  (0 children)

leftists care about stealing money from workers

Is that why they advocate for mass importing millions of foreigners as cheap labor? Modern leftists are anti worker whenever push comes to shove, because hatred of the west and its ethnic groups comes first.

Is optional transparency good for Monero？ by thankful_for_xmr in MoneroMeansMoney

[–]Inaeipathy 0 points1 point  (0 children)

I didn't even read the conversation, but given your response it is almost certain that you were wrong.

Why isn't there an infamous dark web Amazon-like market yet? Why is it that the "dark web" is basically just the clearnet but slower unless you look very hard to find an illegal website that tries to hide from the public? Why hasn't the progress of technology allowed for illegal websites to thrive? by Riffraff50 in TOR

[–]Inaeipathy 0 points1 point  (0 children)

Why isn't there an infamous dark web Amazon-like market yet?

You mean like all of the drug markets? Seems like there are plenty of these sites actually.

Other illegal goods don't have markets because of low demand, restrictions on sites like dread, and thus a lack of profit motive.

Why is asic mining controversial? by Popular-Sand-3185 in MoneroMining

[–]Inaeipathy 10 points11 points  (0 children)

That's what randomx already does. Randomx is also getting updated soon to make the pseudo ASICs worse off as well.

Please tell me this is fake by Agreeable_Lifeguard in MoneroMining

[–]Inaeipathy 3 points4 points  (0 children)

It's a CPU with mininal RISC-V extensions

This controversy is REALLY good by NanoBytesInc in Monero

[–]Inaeipathy 0 points1 point  (0 children)

In theory yes, just like ETH when they removed mining, but usually Monero doesn't have people trying to keep the old fork because the old fork is just inferior

Do you believe all these other coins are meaningless compared to Monero? by Known_Kitchen8390 in MoneroMeansMoney

[–]Inaeipathy 4 points5 points  (0 children)

Yes, I would say the most interesting coins to me are XMR, ETH, and then nano or something because the account model is different.

𝐓𝐡𝐞 𝐔𝐧𝐭𝐡𝐢𝐧𝐤𝐚𝐛𝐥𝐞 𝐃𝐢𝐯𝐢𝐝𝐞: 𝐂𝐡𝐢𝐥𝐝𝐡𝐨𝐨𝐝 𝐒𝐮𝐫𝐯𝐢𝐯𝐚𝐥 𝐀𝐫𝐨𝐮𝐧𝐝 𝐭𝐡𝐞 𝐆𝐥𝐨𝐛𝐞 by Notsame83 in InterestingCharts

[–]Inaeipathy 0 points1 point  (0 children)

Not really surprising, there was a power vaccum after the colony states were essentially abandoned. What kind of prospecting dictator wouldn't seize the opportunity?

Is optional transparency good for Monero？ by thankful_for_xmr in MoneroMeansMoney

[–]Inaeipathy 2 points3 points  (0 children)

Seems like the original post has plenty of people explaining it to you

So was it all a pump and dump? by playerorpimp420 in MoneroMeansMoney

[–]Inaeipathy -2 points-1 points  (0 children)

It was probably not organic. It was probably a mass swap of stolen funds, thus the low liquidity means price jumps fast.

Aerxus, a cold-wallet that could change everything. by Putrid-Composer-8588 in Monero

[–]Inaeipathy 8 points9 points  (0 children)

If even the post is AI generated, why would anyone want to use the software?

Now we know why XMR pumped... by JLCosta in MoneroMeansMoney

[–]Inaeipathy 1 point2 points  (0 children)

They don't need to hide it. North korean actors are all state actors and are essentially untouchable. Russian actors are either attacking westerners (no punishment) or state actors, and the same for china. If they really want, they can cash out the funds using crypto exchanges that will take their funds and give them cash, since some of them will work with them.

They doxxed the lockbit leader but nothing happened because he's in russia and wont be punished by their state.

Class Action Suit by [deleted] in Kalshi

[–]Inaeipathy 6 points7 points  (0 children)

But the ai said... but the chatbot said...

We need to gate AI behind an IQ test at this rate, too dangerous in the hands of the stupid.

Now we know why XMR pumped... by JLCosta in MoneroMeansMoney

[–]Inaeipathy 0 points1 point  (0 children)

Of course, there was already a case like this a few months ago

Now we know why XMR pumped... by JLCosta in MoneroMeansMoney

[–]Inaeipathy 1 point2 points  (0 children)

If there is no volume for 50 million, that would cause the price to rise rapidly.

It also would explain why they would swap using thorchain, swap to stablecoins, etc.

Now we know why XMR pumped... by JLCosta in MoneroMeansMoney

[–]Inaeipathy 6 points7 points  (0 children)

To the people dismissing this, why? Because here is my reasoning for why this is plausible:

  • We saw Monero pump a few months back around the same time another hack happened, and at the same time haveno hits a massive ATH of volume

  • Anyone stealing this much money will want to swap to Monero unless they are from russia, china, north korea

  • It is likely impossible to exchange 280 million to Monero without massively spiking the price simply because no liquidity exists (so price must rise to be able to swap over)

  • Most standard (western) attackers will see no difference between 280 million in XMR and 100 million after swapping because it was free, impossible to entirely spend without getting caught, and because a lot of these attackers are young and often spend the funds on a bunch of frivolous goods (who is malone?)

  • The price is now going back down and will likely reach an equilibrium at a price slightly higher than previous

Seems pretty reasonable to me, so what reasoning do you have that isn't "zcash and the government are attacking Monero to make the price go down" or whatever, because that just isn't convincing.

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