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I think now that Monero has flopped they could consider relaunching the network with an ICO

I mean like LISK and etc is doing, just use an existing project (in Monero's case Monero, in Lisk's case Crypti), and relaunch it with an ICO to work on the unfinished product.

That means Monero devs can attract a lot of funds and then finally finish the GUI etc

what say you,  folks?

Ehehah aha, WHAT?! (https://www.youtube.com/watch?v=FNSZgbJsSxU)
https://i.ytimg.com/vi/FNSZgbJsSxU/maxresdefault.jpg

I have no words.

Monero is a great coin! I believe it will succeed when devs finished his product;
change the rules of distribution!?? I think it's bad for the ideology of cryptocurrency or opensource.

Are you talking about a Swap with an ICO?   ???

Actually I mean just like LISK is doing now. Close the old project (Crypti), offer some bonus for Crypti holders in the ICO. Reopen with the same code, edit/revise/finish it with the help of the ICO funds.
Monero can close the old chain and issue the ICO. Old Monero holders can exchange their coins for the new Monero.
This way Monero devs can revive Monero, and gain the funds necessary to finish the GUI and other important stuff that's been neglected.

 8)

Very good idea! This way Monero can attract real users!

I heard Monero only has about 50-100 active users at the moment? Is this really the case?

You know you're trying to fix a problem that doesn't exist? You can follow the progress with the following links:

https://bitcointalk.org/index.php?topic=753252.msg14830769#msg14830769

The presumption that throwing money or people at technical problems misses that bigger or more isn't always better--especially with complex programs that hinge on separate parts working seamlessly together. Or maybe a million monkeys could actually write Hamlet.

Though it seems pretty unlikely: https://en.wikipedia.org/wiki/Infinite_monkey_theorem (https://en.wikipedia.org/wiki/Infinite_monkey_theorem)

I want to invest!
When will the ICO open ???
How long will it run ???
Thanks

Monero is doing fine, near peak market cap after two years (a peer group you can count on one hand easily), good liquidity, etc. Just as it has outlasted countless temporariy-hot ICO, etc. projects that allegedly had better ways to pay for development, it will likely outlast LISK as well.

Furthermore, unlike projects such as Crypti, no one could "close the project" even if they wanted to. You would have to convince literally 100% of the developers and community members -- something that isn't ever going to happen -- otherwise the project would continue. A good example here is Dashcoin (https://bitcointalk.org/index.php?topic=1020627.0), which Evan Duffield tried to buy and close, only to have the project switch repos and continue.

I would guess these two observations are not unrelated. A good test as to whether a supposedly decentralized cryptocurrency is worth giving any attention at all is to consider whether it would be plausible for someone to close it down.

Yeah, what a success story

https://lut.im/8VS3wIu3gP/274NTqLsuDBD0e4F.png

You're missing the the point: It couldn't be shut down like Crypti, just because the developer(s) wanted to cash in.

(BTW, while it's obviously a small coin and mocking or bullying it based on size is pretty pathetic, its value is higher than it was before the shutdown attempt.)

monerICO

ICO are already a dirty word ... come fall ICO will be a stinkin dirty filthy word ;)

---
the point is most of the ICOs are vaporware products;
bleeding edge tech; unfinished junk;
the future of the 'smart 2.0' genre is going to be alot like the 'anon' boondoggle
(and yes Monero stands as the most legitimate in the field after the dust has settled)
((yet it too is still 'unfinished' beta))

mean while outside the crypto babble;
the general public will still favor: BTC, LTC, DOGE, and products that are identical to them say UNO ;)
this will go on for years before they even attempt to understand some of the more exotic flavors.

You may be referring to my recent analysis of node count, but nodes are not a good measure of active users. Does every bitcoin user run a node? No.

Should they? Thats a different question :)

And for what its worth, one interpretation of how things have played out is that the ICO is going on RIGHT NOW. Its been going on for 2 years, and it has about another 2 years until you could consider the ICO phase over. But who knows what the markets will do.

it is a success since DSH Dashcoin is still a pain your asses you darkcoiners  ;D

I don't get it why people still trying to glorify ICO projects and in their mission they attacking good old coins? Monero is giant and will have its time! I will collect as more as i can while price dont skyrocket. Monero alredy proved that have best developers-ever! ;)

Sounds like a good idea it could bring Monero to a new greater height but if ever they are going to do that they should be very transparent and they also need the consensus of the community..

The trolling attempts are becoming weaker by the hour...

We must look for something better than ICO
You watch what ICO has become now? In a simple deception of participants ...

For your instance, I wasn't trolling at all.

The ICO is happening right now, actually!  Simply navigate your browser to Poloniex.com or Bittrex and purchase some of the ICO tokens on the open BTC/XMR market!  You too can get in on the next big thing.  ;D

EXACTLY.

I don't think people understand the concept of a 4 year ICO that uses conventional market tools.

4 years and no GUI, nice one! Does Monero have anything, I mean like, at all (other than the bytecoin copy/paste I mean)?

Find out how much monero I have. Please.

And then post your bitcoin address so I can track you.

Yes that functionality is copy/pasted from Bytecoin.

I asked what Monero has to offer.

Oh right.

have you ever used bytecoin?

Whats their solution to mixin 0 cascading? Are they implimenting confidential transactions? whats their approach to counter IP address reveal? How do they address their blockchain being premined and therefore crippling the whole functionality of ring signatures?

Unless you believe whatsisfaces theory that they premined out of the goodness of their heart because they understood the weaknesses of their tech and therefore burned all that premine.

Only cryptonote with lmdb, and creator of lmdb is now regularly contributing to project. Mnemonic seeds for deterministic wallet creation. Confidential ring transactions are in process of being implemented. Probably some other stuff I am forgetting off the top of my head.

No --- and I personally don't quite care about anon coins in general.

The only real deal are the CryptoNote devs --- unlike Monero devs, who're posting on BCT all day and don't get anything done ;)

Granted, there are also interesting coins that are built on CryptoNote, ie. DigitalNote. Monero is just so far behind. IMHO it's not noteworthy.

https://github.com/xdn-project/digitalnotewallet

Do they have a database implementation or is the blockchain entirely in memory?

i'm seriously curious because I don't want to run the software to find out.

The market disagrees.

Even Litecoin has a market cap of $ 182,089,281.
The market is the market. The software is the software.

I don't know, I haven't used it. You could just wait for the Monero devs to copy/paste if you don't want to run other software.

The bytecoin devs ruined their own product with an instamine that destroys untracability, so maybe you should rethink your opinion. As you said, "No --- and I personally don't quite care about anon coins in general." --it shows.

I support Bytecoin just as much as I support Monero.

No it doesn't, they are using the old cryptonote block swapping code.

It is curious that you seem to know so much about Monero, Cryptonote, etc. (not really) yet you claim to not care about anon coins and there is no evidence of you ever paying attention to one.

My guess, you are a sock puppet part of an organized (likely paid or affiliated) crew who promote certain coins (Waves, darkdigitalducknote, etc.) and attack others (Monero).

It's pretty clear what is going on here, and pretty much the same thing that has been going on for years, although I can't really blame you guys nor your employer, since it still seems to work to some extent (investors are dumb).

smooth, that's extremely paranoid. I've signed up on BCT on September 04, 2014 and have been reading ever since. That's plenty of time to hear about Monero, Bytecoin, Cryptonote etc. Besides, I've never claimed to know a lot about any of these coins or the cryptonote protocol.

It's interesting to me that you've been mentioning paid accounts numerous times. Is there any platform / secret list where one can get paid for promoting particular coins? Is Monero involved in something like this? I've never heard of anyone being paid for disagreeing with the notion that Monero is a noteworthy cryptocurrency. It's just my personal opinion.

Are you unemployed?

~CfA~

That explains lot. A bit early but still roughly within the same timeframe as many of the IOTA and Waves ICO shill accounts

What he means is: I wish the price of Monero would be ridiculously pumped by some sort of mechanism.  He has noticed that ICOs pump the prices of new coins very high, ergo Monero should also have an ICO.

Yes it is studid and makes no sense, but the price should be pumped somehow!

Why would they do so ? Especially for a coin which is already launched. If they do so, they would really be at the bottom.

Your analysis is completely wrong.

It should be voted by stakes holders so they can make the ICO a successful one,people are quick to think that the dev just want more money from the community so they need to set up a poll to see if the community will agree on this one..

They don't need an ICO, perhaps they just need one or two capable developers.

With an ICO they can get not only two but four or five developer and a very active gui and more funds for marketing this coin so it's best in my opinion to proceed with the ICO but with community voting..

this is just too ridiculous....some random troll pops out putting monero and ICO in the same sentence, with the faulty and made up premise that "Monero has flopped"  and now people are actually discussing this like it were some kind of possibility?

I am just a random person interested in Monero but even I can tell with certainty  this is NEVER GONNA HAPPEN!

/closed

This thread is now closed.

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