00:34:42 <silverdragon[m]> Who all runs monero nodes?
00:40:50 <nioc> various random people
00:46:33 <silverdragon[m]> I am running two but I am not sure how they are different then mining nodes.
00:46:57 <silverdragon[m]> Is a node confirming transactions and mining facilitating them?
00:47:09 <nioc> you don't need a node in order to mine
00:47:36 <nioc> but yes all pools run a node
00:47:40 <nioc> at least 1
00:48:08 <jess> b 135
00:48:09 <jess> oops
00:48:14 <silverdragon[m]> is it worth my time to mine not part of a pool
00:48:17 <nioc> bingo \o/
00:48:37 <nioc> silverdragon[m]: depends on your hash rate
00:49:20 <silverdragon[m]> 3.3kh
00:50:01 <silverdragon[m]> thats on one machine I have 3 more that could likely do the same
00:52:08 <nioc> all of them together mining solo would find a block on average in 205 days with high variance
00:52:58 <nioc> could be 1 day or could be 2+ years
00:53:06 <silverdragon[m]> so almost 1 year for 1 xmr
00:53:13 <silverdragon[m]> or how much is in a block?
00:53:23 <nioc> on a pool you would average .006 per day
00:54:09 <nioc> block reward is currently 1.2 and decreasing slowly
00:54:44 <silverdragon[m]> at nearly a dollar a day for powering them all I would be in the hole
00:55:15 <silverdragon[m]> I might still just run one just to support the network.
00:55:52 <nioc> yes those with cheap elec and/or the most efficient machine can make a profit
00:56:34 <nioc> I have a new ryzen which is very good for mining but still the profit is small and the roi is long
00:57:09 <nioc> I have somewhat high elec costs
00:57:12 <silverdragon[m]> I think i have relatively cheap power at 7.21¢/kWh however these are all old dual xeon servers
00:57:32 <silverdragon[m]> keeps the basement from getting too cold anyway
00:57:57 <nioc> yeah heat can be a benefit as well :)
00:59:35 <silverdragon[m]> I have a hard time trusting pools I had much stolen from MinerGate back in the day.
00:59:57 <nioc> well minergate is a scam
01:00:24 <nioc> there are trustworthy pools, most of them
01:00:25 <silverdragon[m]> we all know that know but hindsight is 20:20
01:00:41 <nioc> only sometimes lol
02:24:28 <u29601mg6ba93j[m> Test
02:24:41 <blaeks[m]> worx
05:08:13 * spitrip[m] uploaded an image: Capturar.PNG (187KiB) < https://matrix.org/_matrix/media/r0/download/matrix.org/bfFdykHMxYmULpDHFmyzVzKH/Capturar.PNG >
05:08:17 <spitrip[m]> NVML disabled (failed to load NVML) some one can help on this issue ? using win10
05:09:14 <gingeropolous> spitrip[m], what are you trying to do?
05:09:52 <spitrip[m]> mining with gpu
05:10:09 <gingeropolous> ah, try #monero-pools
05:10:24 <spitrip[m]> thanks bro
05:10:30 <gingeropolous> and also, GPU mining is ..... well, some would call it "fun"
05:10:39 <gingeropolous> but randomx is really tuned for CPUs
05:11:10 <spitrip[m]> right
05:11:20 <spitrip[m]> i am using booth
05:11:25 <gingeropolous> gotcha
05:12:53 <gingeropolous> from my googlings, looks like "disable NVML (NVIDIA Management Library) support"
05:13:04 <gingeropolous> is nvml necessary for mining?
05:13:39 <spitrip[m]> really dont no about this
05:14:39 <gingeropolous> hrm. well, are you getting a hashrate from the GPU?
05:14:55 <gingeropolous> u could try running with --no-nvml
05:15:00 <gingeropolous> if your running xmrig
05:15:28 * spitrip[m] uploaded an image: Capturar01.PNG (97KiB) < https://matrix.org/_matrix/media/r0/download/matrix.org/VaTWeGBEKFIcaPFBVoOTGVxf/Capturar01.PNG >
05:15:33 <spitrip[m]> yeah still running
05:16:31 <spitrip[m]> i think the hashrate it is from cpu
05:16:39 <spitrip[m]> only
05:16:48 <spitrip[m]> i really dont no
05:16:55 <gingeropolous> yeah, its prolly all from CPU
05:17:05 <gingeropolous> i wouldn't worry about the GPU honestly
05:17:34 <spitrip[m]> I don't know if that error may be influencing the GPU hash rate
05:17:46 <gingeropolous> i mean if your really hell bent on getting every bit of monero from your silicon, then you can embark on a great google adventure to try and figure it out.. but it'll prolly be like 100-200 h/s u get, if that
05:17:48 <gingeropolous> what kind of GPU?
05:18:15 <spitrip[m]> of the weakest
05:18:44 <spitrip[m]> NVIDIA Geforce gtx 1060 3gb
05:19:37 <gingeropolous> yeah, probably not going to boost much. but again, its doable. where'd u get xmrig?
05:21:17 <spitrip[m]> github
05:23:01 <gingeropolous> k. this sites useful if u haven't been there yet: https://xmrig.com/
05:23:09 <gingeropolous> also consider mining to a smaller pool :)
05:25:40 <spitrip[m]> I thought it would be better to mine in a pool with more people
05:25:43 <spitrip[m]> my bad
05:25:52 <spitrip[m]> i am new on this kind of staff
05:27:23 <gingeropolous> well, its marginally better for you to mine on a bigger pool, but its better for the network if there aren't dominant pools.
05:27:37 <gingeropolous> its all good. no worries.
05:28:33 <spitrip[m]> thank you with your sharing
05:28:36 <spitrip[m]> but see
05:29:57 * spitrip[m] uploaded an image: 1.PNG (225KiB) < https://matrix.org/_matrix/media/r0/download/matrix.org/vvtorpsEBLmfzWWHgXVJOgvx/1.PNG >
05:30:35 <gingeropolous> ?
05:30:45 <spitrip[m]> with this hash rate you think that the best and even I go to a pool with less people
05:32:40 <gingeropolous> it's up to you, but generally cryptocurrency networks that have centralized hashrates in a small number of pools can be viewed as more centralized, and thus, more susceptable to attack, and thus less valuable.
05:32:55 <gingeropolous> so if you think monero should be worth more, spread the hash around
05:33:35 <gingeropolous> well, thats what some people think
05:33:51 <gingeropolous> other people think shit like polkadot and iota should have marketcaps over billions of dolars
05:34:00 <gingeropolous> so, potatoes potahtoes
05:34:59 <spitrip[m]> and swiss chesse
05:35:02 <spitrip[m]> xD
05:35:13 <spitrip[m]> thanks for the advices :)
05:47:54 <h2017>  when the zcash people claim that zcash is scalable what do they mean by that, since they do not appear to have dynamic block sizes?
06:44:25 <luigi1111w> it can scale all the way from the little use it has now up to full blocks
07:14:30 <endor00[m]> Most people just throw the word "scaling" around without really understanding nor specifying what it means
07:14:58 <endor00[m]> Then proceed to draw arbitrary conclusions from it
08:09:50 <styxx[m]> test
08:15:40 <binaryFate>  styxx[m] pong
10:50:04 <moneroist> what algorithm is monero using to sign message?
16:45:06 <husayn674> Monero guide to peace talks: Savagely attack any of your own community members that attempt to talk about peace.
16:46:44 * ComplyLast listens to John Lennon - Give Peace a Chance
17:16:50 <bigslim[m]> why can I not --pop-blocks
17:16:59 <bigslim[m]> is that the incorrect command?
17:18:39 <moneromooo> No. It's pop_blocks.
17:18:48 <bigslim[m]> ok let me try
17:18:55 <bigslim[m]> whats the max allows blocks to pop
17:18:55 <moneromooo> Did you see --pop-blocks anywhere, and if so where ?
17:19:12 <bigslim[m]> I was assuming since every other command I knew uses --,-
17:19:47 <moneromooo> You probably mean command line options then.
17:19:56 <moneromooo> Those start with -- (or just -).
17:20:06 <bigslim[m]> --restricted-rpc --rpc-bind-ip 0.0.0.0 --confirm-external-bind --pop_block 100000
17:20:06 <bigslim[m]> Failed to parse arguments: unrecognised option '--pop_block'
17:20:45 <moneromooo> Where did you see --pop_block mentioned ?
17:21:04 <moneromooo> Or --pop-blocks
17:21:12 <bigslim[m]> Unknown command: pop_blocks
17:21:19 <bigslim[m]> ive done it before in the past
17:21:31 <bigslim[m]> executing daemon
17:21:53 <bigslim[m]> circa diff drift issue
17:22:14 <bigslim[m]> popping blocks to see if diff correction is fixed
17:22:14 <moneromooo> *Where* did you see --pop_block mentioned ?
17:22:53 <bigslim[m]> year and half ago
17:23:37 <bigslim[m]> pop_blocks does not work either
17:24:13 <bigslim[m]> I dont want to resync the entire blockchain from 0
17:25:32 <bigslim[m]> fyi https://github.com/aeonix/aeon/issues/211 since you aren't in #aeon:matrix.org
17:26:46 <moneromooo> Looks like maybe the auto correct system did not quite work.
17:27:11 <moneromooo> Hard to tell for sure since the log lines are clipped.
17:27:15 <bigslim[m]> i'm resyncing from 0 again to see if it works
17:27:21 <bigslim[m]> clipped?
17:27:27 <moneromooo> Cut off.
17:27:39 <bigslim[m]> have to scroll to right :)
17:27:56 <bigslim[m]> I hate word wrap
17:29:28 <bigslim[m]> I was going to try monero with 1yr old blockchain file but no room on this pi. need to transfer to usb and run lmdb off usb256gb card
17:35:36 <selsta> bigslim[m]: you have to use monero-blockchain-import for --pop-blocks
17:35:47 <selsta> or alternatively use pop_blocks inside monerod
17:38:24 <bigslim[m]> I could have sworn we could do it before with daemon execution to pop blocks before starting daemon sync to remove unwanted blocks. was this changed or am I crazy?
17:39:22 <selsta> I don't think so.
19:13:32 <fluffydonkey[m]> Looks like Using ChangeNow from the USA is against their terms of use. What are some good alternatives?
19:14:20 <mmxxx[m]> simpleswap?
19:14:33 <michaelmrose> Hi what can you use monero for in the US?
19:14:43 <mmxxx[m]> crack...
19:15:10 <michaelmrose> hahahah
19:15:59 <mmxxx[m]> stealthex is another option
19:16:33 <fluffydonkey[m]> Looks like morphtoken also prohibits users from the U.S from using it
19:17:08 <fluffydonkey[m]> stealthex doesn't allow USA either!
19:17:14 <mmxxx[m]> kek
19:17:17 <mmxxx[m]> hilarious
19:17:27 <mmxxx[m]> uncle sam hates privacy
19:17:40 <fluffydonkey[m]> 😡
19:18:11 <fluffydonkey[m]> I'm trying to run a legit business here, so I have make sure I'm meeting their terms of use
19:19:09 <fluffydonkey[m]> I don't see any terms of user or privacy policy on Tradeogre...
19:19:33 <mmxxx[m]> is tradeogre reliable?
19:19:43 <mmxxx[m]> i always got an exitscam vibe from them
19:20:20 <fluffydonkey[m]> The website looks like it's from 2003
19:23:47 <michaelmrose> is there a good way to turn monero into something more useful?
19:24:05 <mmxxx[m]> it is being turned into something more useful
19:24:15 <mmxxx[m]> courtesy of the darknet markets
19:24:18 <michaelmrose> I don't need crack ;0
19:24:35 <mmxxx[m]> you buy more than just crack on those markets
19:25:11 <michaelmrose> someone on IRC randomly gave me ~20 worth of monero
19:25:21 <mmxxx[m]> lucky you
19:27:40 <fluffydonkey[m]> michaelmrose: You can spend it in my store once it's up
19:28:00 <michaelmrose> what do you selli
19:28:04 <mmxxx[m]> what kind of things do you sell fluffydonkey?
19:28:16 <mmxxx[m]>  * you can buy more than just crack on those markets
19:28:24 <fluffydonkey[m]> Electronics, but still scoping it out
19:28:33 <mmxxx[m]> I was thinking of selling shaving equipment on openbazaar
19:28:45 <fluffydonkey[m]> TVs, Computers, etc
19:28:45 <mmxxx[m]> but that's a dud
19:28:48 <mmxxx[m]> we need a replacement
19:28:59 <mmxxx[m]> for openbazaar
19:29:06 <mmxxx[m]> that was a great project
19:29:27 <fluffydonkey[m]> Is the website still up? I've never heard of it
19:30:20 <mmxxx[m]> https://openbazaar.org
19:30:29 <mmxxx[m]> decentralized market
19:30:32 <mmxxx[m]> great concept
19:30:42 <mmxxx[m]> used it to purchase xmr
19:30:49 <mmxxx[m]> and other cryptocurrencies
19:31:37 <mmxxx[m]> https://old.reddit.com/r/OpenBazaar/comments/kqs5tz/thank_you_for_showing_us_the_way_ob/
19:32:38 <mmxxx[m]> particl might be an option
19:34:18 <fluffydonkey[m]> You talk about it in the past form.. Did it shutdown?
19:34:42 <hyc> openbazaar folded
19:37:04 <fluffydonkey[m]> I know we don't have many lawyers here, but is using DEXes legal in the US?
19:39:39 <ComplyLast> kraken could be useful to you fluffydonkey[m]
19:40:05 <moneromooo> I'm reminded of this... used to be a joke at the time... the difference between free countries (legal unless a law says it's not) and not free ones (illegal unless a law says it's not)
19:41:04 <kxsl> there are no free countries. all of them have enough vaguely worded laws so that if the man wants you in jail bad enough, you are going to jail
19:41:34 <fluffydonkey[m]> ComplyLast: Kraken looks great, but I'm very concerned about there being only 1 SINGLE exchange where we can legally transact monero in the U.S. Just looking for other alternatives just in case they decide to ban it next week
19:41:42 <moneromooo> I'm reminded if why I should not post this kind of "funny" stuff in #monero
19:42:03 <ComplyLast> lol
19:45:52 <ComplyLast> there are otc and prime brokerages that serve US customers too
19:46:09 <ComplyLast> fluffydonkey[m] probably for bigger amounts than you'd want
19:46:13 <ComplyLast> there's localmonero too
19:46:14 <ComplyLast> bisq
19:46:15 <ComplyLast> tradeogre
19:48:56 <h2017> i see no immediate reason why kraken will delist monero.
19:49:13 <h2017> when coinbase and gemini list zcash
19:49:44 <ComplyLast> s/zcash/bitcoin
19:49:55 <h2017> from a regulator standpoint zcash is a bigger risk because of its ongoing dev tax
19:50:19 <ComplyLast> bitcoin has (probably) in % terms more coinjoins than zcash has z2t t2z or z2z transactions
19:50:37 <fluffydonkey[m]> ComplyLast: Could you please give me a few names for OTC and prime brokerages besides Kraken that exchange Monero for either USD or another crypto?
19:50:53 <h2017> fluffydonkey[m], bitfinex
19:51:00 <ComplyLast> tagomi, dvchain, cumberland (?)
19:51:07 <ComplyLast> finex doesnt serve muricans
19:51:14 <endor00[m]> <ComplyLast "bisq"> Do people really go through the whole safety deposit thing on bisq? I mean, it's a cool dex and all, but it seems like a major pita if all you want to do is a couple of buy/sell orders
19:51:32 <raecarruth> bitfinex is terrible
19:51:36 <endor00[m]> Or am I missing something?
19:51:36 <ComplyLast> their volume seems pretty decent lately on the monero pairs
19:51:41 <ComplyLast> endor00[m] check it out
19:51:47 <h2017> yeah i wouldn't do business with bitfinex
19:51:57 <ComplyLast> given the volume I would be inclined to say people use it, yes.
19:51:58 <h2017> tether is so sketchy
19:51:59 <fluffydonkey[m]> <h2017 "yeah i wouldn't do business with"> Why not?
19:52:24 <h2017> fluffydonkey[m], i don't trust tether and the two companies have the same owners
19:52:39 <raecarruth> sketchy is an understatement
19:53:19 <ComplyLast> what you guys (and this space in general) seems to fail to realize
19:53:31 <ComplyLast> is that the day tether would do what you what, full public audit, etc
19:53:33 <h2017> this is what tether reminds me of
19:53:38 <h2017> https://www.youtube.com/watch?v=ZiJa9diJOMk
19:53:49 <ComplyLast> the full might of uncle sam would strike upon them
19:54:14 <ComplyLast> the only reason why it's relatively useless (although at an increased counter party risk) is that it operates in an opaque way
19:54:15 <Quotes> useless? nothing is as useless as »Useless Ethereum Token« (UET®) https://coinmarketcap.com/currencies/useless-ethereum-token/
19:54:26 <ComplyLast> s/useless/useful
19:54:57 <ComplyLast> USDC is the banksters stablecoin, they're probably lobbying hard to get rid of USDT
19:55:07 <ComplyLast> doing a public audit would only make their jobs easier.
19:55:55 <mmxxx[m]> I have no time or regard for any of these stablecoins
19:55:55 <fluffydonkey[m]> If I understand this correctly, bitfinex will allow traders and businesses to make XMR/USD trades in the USA?
19:56:09 <ComplyLast> fluffydonkey[m] doesn't accept US customers.
19:56:21 <ComplyLast> mmxxx[m], sure and that's fair enough
19:56:34 <fluffydonkey[m]> Damn ;(
19:56:41 <fluffydonkey[m]> Nobody likes us :(
19:57:06 <mmxxx[m]> fluffydonkey sell some of your xmr and buy citizenship elsewhere
19:57:25 <ComplyLast> I was just merely pointing out that if USDT were do to what people what them do to
19:57:35 <ComplyLast> they would seize to exist in a heartbeat
19:57:55 <ComplyLast> they can't compete with USDC on lobbying/regulator bootlicking
19:58:09 <mmxxx[m]> but you're saying it's not because they don't have the assets but because they don't have the appropriate lobbying buddies?
19:58:25 <ComplyLast> What I'm saying is:
19:58:51 <ComplyLast> If they were do to a public audit and show where the assets are it would open the door for those same assets to be seized in a swift manner
19:59:05 <mmxxx[m]> ok
19:59:12 <ComplyLast> under the pretense of money laundering, terrorism, china, cp, tax evasion
19:59:22 <ComplyLast> you name it, insert random excuse the DOJ would use.
19:59:22 <mmxxx[m]> understood
19:59:29 <h2017> what we know is that tether claims that it's got reserves in some bank and that bank isn't clear about what it's reserves are, some of which may be ....bitcoin
20:00:16 <ComplyLast> what they claim in their T&S is that they back with equivalent dollar equivalent
20:00:21 <ComplyLast> in no way it states is in some bank
20:00:32 <fluffydonkey[m]> Okay to summarize:
20:00:32 <fluffydonkey[m]> If I want to legally exchange XMR to USD or another Crypto in the U.S, I need to use kraken?
20:01:01 <h2017> ComplyLast, that's not what i read
20:01:15 <kxsl> scammy shady exchanges don't decide what's legal
20:02:04 <h2017> first of all they should be backing entirely with usd. if their is a run that's what they will  be expected to produce. secondly their bank says they invest customer deposits in bitcoin
20:02:06 <nioc> doesn't polo still accept us
20:02:19 <ComplyLast> h2017 do you own some fiat?
20:02:25 <ComplyLast> nioc, i dont think so
20:02:30 <nioc> wat
20:02:32 <ComplyLast> h2017, as in: in a bank?
20:02:36 <h2017> a non-fractional reserve bank isn't supposed to be investing deposits in anything
20:02:55 <nioc> I sleep thru everything
20:03:05 <h2017> or at least we hope that the investing is not being used with the non-fractional deposits
20:03:16 <ComplyLast> h2017, nice of you to decide what they can or cant do with their business
20:03:27 <h2017> in the case of something like tether backing the banks job is to hold the backing instrument, nothing else
20:03:58 <ComplyLast> If i was in their shoes running that business
20:04:07 <h2017> ComplyLast, no need to get catty. it's just my opinion and i'll bet you that a lot of people share it
20:04:12 <ComplyLast> I would probably own 0 (or as close to 0) USD I could
20:04:43 <ComplyLast> USD is their biggest liability and highest risk asset they can own.
20:05:02 <ComplyLast> I would probably hold crypto and hedge it on derivatives, etc
20:05:53 <h2017> certainly puts 1:1 exchangability in doubt when the bank does that
20:06:17 <ComplyLast> people redeem 100's of millions of tether daily
20:06:19 <ComplyLast> sure there's a risk
20:06:30 <mmxxx[m]> didn't they proudly state that they 'invested' their USD in btc when it was 9k?
20:06:48 <ComplyLast> I would think the risk of them owning USD on a bank account is bigger
20:06:54 <ComplyLast> given the overreach of unclesam
20:06:58 <ComplyLast> but thats just me
20:07:07 <ComplyLast> I'm putting myself in their shoes, I have zero USDT
20:07:08 <h2017> then tether has no business existing
20:07:14 <ComplyLast> why?
20:07:28 <ComplyLast> it facilitates a lot of value transfer daily
20:07:30 <h2017> it's a promise of 1:1 exchangability
20:07:35 <ComplyLast> with lots of people happy to use it
20:08:49 <nioc> US banks can't give everyone their usd back
20:08:53 <ComplyLast> lol
20:09:05 <ComplyLast> US banks can't give everyone 10% of their money back
20:09:09 <ComplyLast> let alone the full amount
20:09:26 <h2017> nioc they are openly fractional reserve. a bank backing one instrument with another cannot be fractional reserve
20:09:42 <ComplyLast> by any stretch of imagination what tether is doing is way less scammy than what banks do
20:10:37 <ComplyLast> h2017, Tether T&S:
20:10:51 <ComplyLast> Tether Tokens are 100% backed by by Tether’s Reserves.
20:11:20 <ComplyLast> “Reserves” means traditional currency and cash equivalents and, from time to time, may include other assets and receivables from loans made by Tether to third parties, which may include affiliated entities;
20:11:24 <h2017> ComplyLast, i understand. i was just saying that fractional reserves wouldn't be acceptable in that case anyway
20:12:15 <ComplyLast> they're pretty open about what they do, and people find it useful. I truly understand you wouldn't want to use it
20:12:33 <ComplyLast> I wouldn't either, it's way above my risk tolerance
20:12:52 <h2017> ComplyLast, supposing that the sec calls them out. people will want all their tether redeemed? what will happen?
20:12:59 <ComplyLast> I just feel that this tether zealotry is a lot of people arguing that they know better than others how they should manage their finances
20:13:34 <ComplyLast> And a bit of covert regulatory bootlicking too.
20:13:55 <ComplyLast> h2017, they would convert their assets to USD equivalent
20:14:14 <h2017> ComplyLast, no, it's people like me who lost life altering amounts of value when bfx got hacked. i wouldn't trust them as far as i could throw their cold storage
20:15:07 <ComplyLast> Ignorance here, didn't Bitfinex ended up paying everything back?
20:16:07 <h2017> they took advantage of the market to do that. people didn't get back what they would have made had it not happened
20:16:56 <ComplyLast> I mean, lots of exchanges got hacked and simply disappeared. From afar it seemed bitfinex behaved itself pretty decently tbh
20:17:21 <ComplyLast> As in they gave you the equivalent dollarized amount of some crypto much later?
20:17:34 <kxsl> is there an equivalent for fdic insurance for exchanges?
20:17:42 <h2017> it's not the only time bfx wronged me. i also got hit with the double close bug (feature?) before that
20:17:57 <ComplyLast> kxsl, not that I'm aware.
20:18:06 <h2017> ComplyLast, do you work for bfx or something?
20:18:09 <ComplyLast> no
20:18:20 <h2017> you're like bfx's last defender
20:18:21 <h2017> on earth
20:18:48 <ComplyLast> bfx is doing what they can to not bow down to regulators
20:18:55 <ComplyLast> so they have my respect for that.
20:19:14 <kxsl> nah, when the time comes to bow, they will bow
20:19:22 <ComplyLast> they faced a lot of issues and came with creative (and unique solutions) to fix them where others would have just vanished.
20:19:53 <ComplyLast> I don't get all the hate, I mean I understand it from an emotional point but not from a rational one.
20:20:11 <ComplyLast> kxsl, I mean, they're trying.. that's something.
20:20:46 <ComplyLast> but sure, the goons will get to them eventually.
20:37:06 <fluffydonkey[m]> Screw it. We'll make our own exchange
20:40:45 <h2017> i understand that big money wants big corporate-style centralized exchanges. anything else is out of their comfort zone
20:50:47 <h2017> but that's contrary to what crypto stands for
20:51:16 <ComplyLast> we just need better DEXes
20:51:25 <ComplyLast> that are not some bullshit for ERC-20
20:51:42 <raecarruth> facts
20:52:05 <raecarruth> h2017: most of the money flooding into cryptocurrencies doesn't care about that, sadly
20:52:19 <raecarruth> it's just the herd following the herd
20:52:19 <ComplyLast> facts
20:52:48 <ComplyLast> I just wish Bisq someday will realize that monero is their true driving force
20:53:14 <ComplyLast> and start behaving accordingly
20:55:18 <Monegro> Tether is probably 100% backed. At least it will be when the blowoff top hits
20:55:33 <Monegro> But that's kinda besides the point. What they are doing is straight up fraudulent
20:56:17 <Monegro> There would be a nice, stable Bitcoin bull market right now, with a chart that looks like XMRUSD. The ratio would be stable and increasing
20:56:19 <Monegro> HOWEVER
20:57:51 <Monegro> Tether in March starts printing insane amounts. Billions. They then use that in various ways to slowly trade into the crypto markets. They pop shitcoins by 2-4x in less than a week
20:58:06 <nioc> yes btc has a history of being stable
20:58:24 <Monegro> They probably have backroom deals with other large exchanges, and even proxies to guys like Saylor
20:58:41 <Monegro> They are massively pumping this bull market harder and faster than otherwise possible
20:58:43 <fluffydonkey[m]> It also has a history of being useless for transactions. What's the transaction fee right now? $15? $20?
20:59:16 <nioc> I used to use zero fee txs
20:59:24 <nioc> that is history
20:59:32 <Monegro> BTC actually did have a nice progressive, stable recovery and price increases in 2016-2017
20:59:45 <raecarruth> fluffydonkey[m]: which coin are you speaking of that has a 15 USD tx fee? ETH?
20:59:48 <Monegro> until after about $7k
21:00:08 <nioc> btw #monero-markets
21:00:23 <nioc> for market discussion
21:00:45 <Monegro> yeah, true.
21:01:04 <Monegro> well, regardless, it's hard to talk about the tether fraud without talking about markets
21:01:25 <Monegro> 2 days ago was the first time they ever had to actually provide real documents to the court
21:01:48 <Monegro> They did a bang up job of delaying that for nearly 2 years
21:18:15 <bigslim[m]> <fluffydonkey[m] "Looks like Using ChangeNow from "> Use VPN with EU server- done
21:19:06 <fluffydonkey[m]> <bigslim[m] "Use VPN with EU server- done"> lol yeah, I figured. But when running a business, I have to make sure I'm not opening up myself for legal issues
21:19:24 <bigslim[m]> what do you mean?
21:19:28 <bigslim[m]> its not illegal to use vpn
21:20:01 <fluffydonkey[m]> The ToS aren't about where your connection is coming from. It has to do with where the entity is based out of
21:20:03 <bigslim[m]> do you think you would be doing tens of thousands of dollars/mo in transactions or something?
21:20:13 <fluffydonkey[m]> If all goes well :D
21:20:45 <bigslim[m]> if you are USD based, all you need to report is crypto exchanged for USD, not "how" it was exchanged
21:20:53 <mmxxx[m]> fluffydonkey: where do you sell?
21:21:41 <fluffydonkey[m]> <bigslim[m] "if you are USD based, all you ne"> That's what I'm thinking right now. But I'll be speaking with a lawyer soon to make sure
21:22:27 <bigslim[m]> so say you are paid by customers in ETH, BTC, Monero, whatever; if everything is converted to USDT then sent to exchange / coinbase to convert to USD/withdraw then all you need is to report the total USDT converted and withdrawn
21:22:33 <bigslim[m]> and taxed on that accordingly
21:23:29 <bigslim[m]> I mean if you are exchanging hundreds of thousands/year then yea you might want to kyc some more so uncle sam doesnt start asking why you are getting paid this way and by who
21:24:02 <bigslim[m]> need to register as a crypto business with tax man and most likely KYC your clients
21:25:03 <fluffydonkey[m]> have you seen someone having to do this?
21:25:12 <fluffydonkey[m]> That would be pretty crappy. The whole idea is NOT do that
22:52:02 <mciel339> hello
22:54:47 <mciel339> is there any benefits of using qt6 ?