Topic: I wonder how much XMR is actually used on the DNM (Read 1647 times)
@Febo. For me the most important thing for the darknet merchants is ease of use. So a good, stable light wallet is needed for XMR. I hope a third party will create one. The existing one is ok but it is not stable yet. It was also pointed out by the one who made it that it is still an alpha release. If there is no light wallet then a GUI will also help a lot. But again there is delay with this. I can see litecoin chasing Monero in the future if the litecoin development team release a good implementation of CT and dynamic block sizes. The current infrastructure of LTC will give them the advantage.
But that is not the point. The point was that the merchants that are accepting XMR is decreasing despit the threat of being caught using "transparent BTC". Or maybe they prefer bitcoins + using a tumbling service instead because it is more convenient for them. Whatever the reason is if the merchants accepting XMR is decreasing instead of increasing then that is not a good sign.
Also your reaction is very much like the Ostrich picture who refuses to listen to feedback.
Any proof for these bolded claims would be nice... otherwise you're just juggling empty airballs...
best regards,
There was actual data posted by someone here in the forum. It was in the XMR speculation thread if I remember correctly. I will look for it and post here when I find it. The numbers were in fact decreasing at the time of that post. It looked like the darknet market merchants were trying it out and then dropped it. Why that is is another matter. I speculate that most of their customers are still using bitcoins.
Best regards.
Exactly. That is what i said. people are uses to use something they will nto just change overnight. They need a push. And push will come with some news sooner or latter.
This was expected at least to me. Not sure what kind of feedback i need. There was hype and many merchants offered stuff for XMR. Now that si decreasing. At soem point it will stop or already did. From that point will just slowly increase. Monero development will also help here with small improvements that help users. Last fork made blockchain smaller probably was more useful things there. GUI will also help.
Datas was posted on 13 Sept here: https://bitcointalksearch.org/topic/m.16269149
This user is also a day trader. So he might made them up a bit. I am not saying he did.
But that is not the point. The point was that the merchants that are accepting XMR is decreasing despit the threat of being caught using "transparent BTC". Or maybe they prefer bitcoins + using a tumbling service instead because it is more convenient for them. Whatever the reason is if the merchants accepting XMR is decreasing instead of increasing then that is not a good sign.
Also your reaction is very much like the Ostrich picture who refuses to listen to feedback.
Any proof for these bolded claims would be nice... otherwise you're just juggling empty airballs...
best regards,
There was actual data posted by someone here in the forum. It was in the XMR speculation thread if I remember correctly. I will look for it and post here when I find it. The numbers were in fact decreasing at the time of that post. It looked like the darknet market merchants were trying it out and then dropped it. Why that is is another matter. I speculate that most of their customers are still using bitcoins.
Best regards.
Can you buy guns with xmr?
Yes, you can. But why would you? Don't buy guns, guns are bad. Head over to the DNM and buy Ecstasy instead.
Bad idea.. i damn near died last time i took that shit.
Talk about a savage nasty OD experience
Many people are dead from taking that shit.
Guns are safer LOL
But that is not the point. The point was that the merchants that are accepting XMR is decreasing despit the threat of being caught using "transparent BTC". Or maybe they prefer bitcoins + using a tumbling service instead because it is more convenient for them. Whatever the reason is if the merchants accepting XMR is decreasing instead of increasing then that is not a good sign.
Also your reaction is very much like the Ostrich picture who refuses to listen to feedback.
Any proof for these bolded claims would be nice... otherwise you're just juggling empty airballs...
best regards,
Uh, yes it would, as most users arent coders at all? Darknet thug buyers and sellers dont know the technology behind it, they were taught the simplest way with bitcoin by their nerd buddy who happens to be smart enough to know how to transact safely without losing it all.
you arent coding a new coin... all you need is a wallet and that's simple. if you can configure tor you know something(basics at least).
and if a friend of yours run your "business", well, your friend is probably managing btc for you and can do the same with xmr.... you are failing to see the diference between the drug dealer from your street to a DNM drug dealer.
He doesn't fail to see... He doesn't want to see cause he's an SDC-shill...
If you look at the volume you can sense that the XMR hype is more of pump than the use case, I don't think darknet acceptability is that high since there is still Bitcoin mixing service which can make the transaction still remain anonymous.
There was a post somewhere in the altcoin forum that said that the darknet merchants' acceptance of XMR is decreasing. I will try to find it. This is really very normal because first, those that dropped it might just be testing it. Second, XMR does not have enough of the infrastructure needed to make it easier to use. A light wallet that works properly than the present one which is in its alpha release must be replaced. Third, that's reality. I takes some time for people to adjust and make use of what is new offered to them. It will take maybe more than 1 year before XMR becomes really prominent in the darknet.
It will take just some being busted because of using transparent BTC instead of XMR.
People are lazy animals they will not do anything that are not forced to do.
But that is not the point. The point was that the merchants that are accepting XMR is decreasing despit the threat of being caught using "transparent BTC". Or maybe they prefer bitcoins + using a tumbling service instead because it is more convenient for them. Whatever the reason is if the merchants accepting XMR is decreasing instead of increasing then that is not a good sign.
Also your reaction is very much like the Ostrich picture who refuses to listen to feedback.
Can you buy guns with xmr?
Yes if the darknet marketplace where you are trying to buy that gun accept XMR. XMR still needs lots more development aside from darkweb marketplaces accepted them as payment method for better stability over price. 
Can you buy guns with xmr?
in the dark web you can buy almost everything, heck they can build gun with plastic there and a 3d printer lol, just check youtube, it's not that hard but a bit costly yes
Uh, yes it would, as most users arent coders at all? Darknet thug buyers and sellers dont know the technology behind it, they were taught the simplest way with bitcoin by their nerd buddy who happens to be smart enough to know how to transact safely without losing it all.
you arent coding a new coin... all you need is a wallet and that's simple. if you can configure tor you know something(basics at least).
and if a friend of yours run your "business", well, your friend is probably managing btc for you and can do the same with xmr.... you are failing to see the diference between the drug dealer from your street to a DNM drug dealer.
I honestly dont think it's being used much, and is purely hype from the biggest dnm's....
Buyers and sellers dont want such crazy volatility, btc is already too much....
Buyers and sellers dont want such crazy volatility, btc is already too much....
used or not, the simple fact they started to accept it is a big deal.
And probably on an exchange like Poloniex with their Monero "markets" where they request your picture ID.
poloniex only asks for ID if you want to DAILY withdraw more than 7k USD, DAILY. i'm pretty sure most users will be ok with that. Less than that you can "remain anon" easily.--
funny to see that some people think monero will not succeed at DNM because it is "hard" to use. lol... like a few code lines would be hard to a DNM user...
Uh, yes it would, as most users arent coders at all? Darknet thug buyers and sellers dont know the technology behind it, they were taught the simplest way with bitcoin by their nerd buddy who happens to be smart enough to know how to transact safely without losing it all.
I honestly dont think it's being used much, and is purely hype from the biggest dnm's....
Buyers and sellers dont want such crazy volatility, btc is already too much....
Buyers and sellers dont want such crazy volatility, btc is already too much....
used or not, the simple fact they started to accept it is a big deal.
And probably on an exchange like Poloniex with their Monero "markets" where they request your picture ID.
poloniex only asks for ID if you want to DAILY withdraw more than 7k USD, DAILY. i'm pretty sure most users will be ok with that. Less than that you can "remain anon" easily.--
funny to see that some people think monero will not succeed at DNM because it is "hard" to use. lol... like a few code lines would be hard to a DNM user...
There was a post somewhere in the altcoin forum that said that the darknet merchants' acceptance of XMR is decreasing. I will try to find it. This is really very normal because first, those that dropped it might just be testing it. Second, XMR does not have enough of the infrastructure needed to make it easier to use. A light wallet that works properly than the present one which is in its alpha release must be replaced. Third, that's reality. I takes some time for people to adjust and make use of what is new offered to them. It will take maybe more than 1 year before XMR becomes really prominent in the darknet.
It will take just some being busted because of using transparent BTC instead of XMR.
People are lazy animals they will not do anything that are not forced to do.
There was a guy who posted some thread talking mostly nonsense about monero, a lot of FUD.
But out of his many conclusions, there were two good ones, one that a large percent of mining is botnets, the other was buying of accounts. He linked to a few accounts where they had always written random posts, but soon they had suddenly switched to hyping. I'll try and find a link.
But out of his many conclusions, there were two good ones, one that a large percent of mining is botnets, the other was buying of accounts. He linked to a few accounts where they had always written random posts, but soon they had suddenly switched to hyping. I'll try and find a link.
I would love to see that post. Lots kids make lots acounts here for signature campaigns and just spam wherever they are allowed to. Lots other coins holders that dont like XMR success like ducknote owners and others in past made accounts and on first look shiled XMR but if you looked at it from distance they were FUDing it. That happened for last 2 years on this forum. Then there are day traders. They will shill coin when they hold it and FUD when they are accumulating. So here are 3 possibilities of those accounts. But before i see them i cant really say where they belong. If you or anyone expect that any of Monero 100 developers took time and made an acount on this forum to bla bla about it just so he will praise his work when developing coin i think you will be disappointed.
Botnets. What is "large percent" 1%, 0.1%, 10% . What number is number large?
Where this clue come from? Where can i check how many botnets mine Monero? Is is only clue that can be mined by everyone on earth since are asic resistable and you can mine them with CPU?
What is a difference between botnet hash and hash from my CPU? We both secure Monero network and we both get paid by how much hash power we give to secure it.
Talk about botnets is totally not needed since 1. botnets are just normal CPUs mining. 2. no one can prove that is even 1% of Monero hashpower made by botnets.
With GUI everyone will be able to mine with their wallet. I am sure even then will be bla bal of high % of botnets mining Monero altho wil be close no zero then.
I wonder what difference it would make having to buy a shitty Altcoin..
When you probably need to get Bitcoin in the first place just to buy the Monero.
And probably on an exchange like Poloniex with their Monero "markets" where they request your picture ID.
Why bother with the extra steps that put you at extended risk when you already have BTC ?
And OMG not FUD ?
Say it ain't so..
What you mean "Fear Uncertainty and Doubt" on Dark Markets ?
Who'd a thunk it ?
When you probably need to get Bitcoin in the first place just to buy the Monero.
And probably on an exchange like Poloniex with their Monero "markets" where they request your picture ID.
Why bother with the extra steps that put you at extended risk when you already have BTC ?
And OMG not FUD ?
Say it ain't so..
What you mean "Fear Uncertainty and Doubt" on Dark Markets ?
Who'd a thunk it ?
It's really impossible to tell unless you are a DNM vendor yourself. There have been a lot of dodgy proceedings involving monero, including the buying of accounts to hype the coin. There are also several botnets mining the coin.
However, this doesn't mean monero is definitely all smoke and mirrors. Only time will tell if it collapses on itself or whether eventually reaches reputability.
However, this doesn't mean monero is definitely all smoke and mirrors. Only time will tell if it collapses on itself or whether eventually reaches reputability.
Can you link me to proof of your bolded claim?
There was a guy who posted some thread talking mostly nonsense about monero, a lot of FUD.
But out of his many conclusions, there were two good ones, one that a large percent of mining is botnets, the other was buying of accounts. He linked to a few accounts where they had always written random posts, but soon they had suddenly switched to hyping. I'll try and find a link.
There was a post somewhere in the altcoin forum that said that the darknet merchants' acceptance of XMR is decreasing. I will try to find it. This is really very normal because first, those that dropped it might just be testing it. Second, XMR does not have enough of the infrastructure needed to make it easier to use. A light wallet that works properly than the present one which is in its alpha release must be replaced. Third, that's reality. I takes some time for people to adjust and make use of what is new offered to them. It will take maybe more than 1 year before XMR becomes really prominent in the darknet.
It's really impossible to tell unless you are a DNM vendor yourself. There have been a lot of dodgy proceedings involving monero, including the buying of accounts to hype the coin. There are also several botnets mining the coin.
However, this doesn't mean monero is definitely all smoke and mirrors. Only time will tell if it collapses on itself or whether eventually reaches reputability.
However, this doesn't mean monero is definitely all smoke and mirrors. Only time will tell if it collapses on itself or whether eventually reaches reputability.
Can you link me to proof of your bolded claim?
Can you buy guns with xmr?
Yes, you can. But why would you? Don't buy guns, guns are bad. Head over to the DNM and buy Ecstasy instead.
Or buy a gun laced with Ecstasy?
They aren't anonymous transactions, they are non existent.
The logic of the above comment ^ is non existent.
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