Bitcoin Forum

http://www.coindesk.com/fbi-concerned-about-criminal-use-of-private-cryptocurrency-monero/



Thats what you get when you promote as cryptocurrency your direct links to darknet markets, i guess.
The FBI's full attention and subject to its investigative techniques.

Yup. Better to just promote a normal coin and stay under the radar.

Monero's price doesn't seem to have moved on this news though. 

if the transactions are not connected to child porn, arm's dealership and drugs. There are nothing to worry about.

How do you prove that they aren't?
Monero is made for crime basically, it will never be allowed to succeed by the powers that be.

Bitcoin at least allows an online 'papertrail', Monero has as its USP something that will ultimately make it unusable by the wider public!

+ gambling ?

the possibility is enough. i don't know how the hell they plan to figure anything out when monero's designed to avoid that completely. it could have a knock on effect on exchanges specifically.

if there were any measures then all they'd achieve is more whack a mole. it'll never end now.

First they were worried about Bitcoin, and now Monero. What's next? Z-Cash?
They should understand the fact that there are probably more than a thousand cryptos out there, many of them are privacy-focused. How many of them can be kept under their watch? They can't do shit. Game over.

Actually they can do a lot, they can easily install spyware on target computers without the users ever knowing about it.
The FBI has a wide array of "investigative techniques" ...

I wonder if it is in any way connected to this :

https://www.reddit.com/r/Bitcoin/comments/5qhaud/am_i_the_only_one_who_has_their_poloniex_account/
https://i.imgur.com/GoYWKAE.png

nailing every single above ground exchange would certainly dampen things down a bit but there'll always be ways in and out.

well, the fbi concern makes it a legit tech

soon we will know for sure how hackable monero is, if important investigations are behind it the fbi will try to break it, infiltrate in the community and so on

If the FBI is concerned and criminals are actually using Monero instead of Bitcoin or Zcash or Dash, that does tend to support a hypothesis of legit tech.

No wonder the DashHoles are so transparently jealous of expressing genuine concern about this invaluable publicity (cue the Schumer Effect).   :)

https://i.imgur.com/WtmLDRb.png (https://twitter.com/WIRED/status/824312275330859019)

LOL,

If any of you guys think that different governments are not reading this forum or reddit or any other crypto sources you are so naive. They know all about it but cant do anything. Pandora box opened many many years ago. All they can so is sit any watch.


PS: I might work for KGB, so take care!

I wonder what this increased attention from the FBI on Monero will do to the volume of Monero
which is largely build up from certain Darknet Market whales.

Will they stay with Monero ? Knowing its under active investigation ? or will they move to another cryptocurrency ? (Zcash for example)
Time will tell, i guess.

Have not you read my post. Is just one up. Those responsible in governments know about Monero for years. In governments of most countries. They monitor development of cryptocurencies and also Monero closely.  Now also 150 law students know about Monero.  

https://i.gyazo.com/7f53bdfded311f5dc92d48e0dcfadab9.png

I wonder if you put a proposal to advertise DASH to 150 Law students, how much would that cost?

more agents stealing it and selling it most likely. silk road set a neat precedent that won't be changing any time soon.

okay, that was actually pretty funny  ;D

Not surprising at all, but what does their scrutiny mean anyway?  There are hundreds of other coins on the market,  too, and it's not like the FBI can shut any of them down.

i think this is all part of the FBI's ongoing battle against darknet markets and since Monero has such direct links to it,
it has become a target now.

It could also be an indication on how the FBI can adapt their strategy with regards to cryptocurrencies when needed.

obviously we don't know the volumes, but i was under the impression that monero is only being used in a couple of places and probably not a great deal either. no doubt it will increase but bitcoin is still the one.

I'm surprised the price hasn't moved

You expect those 150 Law students to move the market? I thought students should be poor.

I LOL'd.   ;D

Over-promise and under-deliver is what we have seen from every Dash project so far, from Masternode blinding and the Lamassu ATM to Legal Research and 2MB blocks.

The Dash proposal would be passed right before a pump and wind up costing in terms of fiat twice as much as intended.

The DashHole in charge of contacting 150 Law students would fail to meet the goal, but won't care because he already got paid.

Based on this failed Duffontology Evangelist's experience of "falling quite short" of his goal by 90% (https://cointelegraph.com/news/the-dos-and-donts-of-pushing-crypto-evangelist-john-bush), we'd expect 15 Law students to be made more aware of Dash, at a cost per student 20X higher than budgeted.

100% of the future lawyers will be unimpressed with the Ponzi-like aspect of Dash's Masternode HYIP.

100% of the future lawyers will be surprised no regulatory action has been taken, despite Dash obviously triggering several prongs of the Howey Test's indicators for an illegal unregistered security.

https://www.strictlybusinesslawblog.com/2012/04/05/when-does-a-deal-involve-securities-regulation-part-2-the-howey-test/

Lets try to stay on topic, shall we.
I know thats asking a lot from Icey .. but still...

https://i.imgur.com/1L3YSrL.png

The topic of the FBI's scrutiny of Monero invites discussion of why they are not giving a shit about and scrutinizing Dash.

The question of the value of informing 150 law students about Monero (and what it would cost Dash to do the same) is also relevant.

Same story again. Because of dark markets they told same old stuff about bicoin and now about monero. I don't really understand governments here. I mean fiat is used to buy groceries and drugs too for example, but it's normal. Why cryptocurrencies can't be the same ?

Because buying drugs is not the USP of cash. It is now the USP of Monero.

Plain and simple. If they can't control it, they're gonna destroy it. Make it a felony to use it.
The sweet little "network" and the "markets" are infiltrated by law enforcement to a high level, thats for sure.
If they start such a case, they're not looking for evidence, they already have it.
If they would want to bring down the network, it would take them half an hour or less to completely render it useless.
The main holders are well known, because most of the crap is traded on Polo, and not used for merchandise, anyway.
So it'll sure gonna end the way all crooked stories end.

Buh bye ...

it's only software. bittorrent has denied vested interests a ton of money but you don't see anyone outlawing that. it'll be 'closely supervised' and most potential users won't bother any more.

You're joking, aren't you. There have been thousands of arrests regarding BitTorrent, all over the planet.

because it was being misused in the eyes of the law, not because someone had downloaded and done nothing with it. there is nothing illegal about using it to torrent stuff that either you own the copyright for or doesn't have any copyright. the prosecutions are about how it was used, not the software itself.

To be serious though I remember back in 2013 they had all those hearings in the US which we all watched being streamed. The thing they repeated over and over is that they would never allow anonymous crypto currency. So it's strange they even took this long to start looking into xmr and ALL the other anon based crypto currencies.

Even if the FBI go full on after xmr and other crypto currencies what exactly can they do about it right now ? how can they stop other nationalities using it between themselves?

I mean the mere fact it is anon or privacy based seems enough reason for them to stop it since they already said at those hearings they will never allow these to exist or operate within the US.

This will go for all all privacy based crypto I guess not just xmr

BT is just a protocol. If its used for criminal activity the shackles are clicking.
Monero promotes itself as a currency for the Darknet, thats what they've put on their flag, small stupid difference here.

have they explicitly stated that? if they have then that's an extraordinarily dumb thing to do. i assumed they used words like 'privacy' and didn't go further.

I think so too. Britain already started an initiative to put a .gov boot on encryption.
They could do all about it whatever they want, given their access to each and every major network ASN node on the planet.

Gambling can't be that grevious. This is what can happen when the anonymity of a coin is more advertised. If FBI find it unsafe it might come under attack by the NSA

Sure, thats what the big pump started with, when some Darknet markets announced to accept Monero.
After all, it could just have been one big honeypot.

i meant whether monero themselves were promoting that. i can't imagine they would. they can't really help who makes use of the project.

Somebody really unprofessinal is working with that crytocurrency when that happened.They did not needed to work like that because they could do it with many other ways to stay away from FBI but they did not what is really unprofessional from their leaders.

Yes, if I remember it well they were.
But you'd better ask ICEBREAKER, or just read his posts if you bother, he sure knows best all about that.

Yes it's true!  The CEO of Monero is even on Alphabay's Board of Directors.

Use his promo code ("FLUFFY2023") to sign up and you get 10% off your first purchase!

Last October, the lavishly funded Monero Marketing Team sponsored a promotional trip to the Crypto Cannabis Conference (https://www.dashcentral.org/p/dashmobile-CO-tour).

We saw that as a great opportunity to piss in Uncle Sam's eye and dare him to come at us.

The Monero community is 100% dedicated to making sure DNMs are weaned off Bitcoin ASAP.

For details see here

Lets have a chat about Monero & Bitcoin. (payment methods accepted on the markets) (https://www.reddit.com/r/DarkNetMarkets/comments/3oftzn/lets_have_a_chat_about_dash_bitcoin_payment/)


and here

I have a feeling this topic might be controversial, but here goes... (we NEED DNM adoption NOW) (https://www.reddit.com/r/dashpay/comments/3mfd0r/i_have_a_feeling_this_topic_might_be/)

All cryptocurrencies are under the scrutiny of the FBI--it's the FBI's job to monitor darkmarkets, tax evasion, and the like--it's the fact that the  FBI is worried about Monero that is the point of the article.

The FBI is singling Monero out for the very fact that its special properties put it on the same footing as two of the oldest and most trusted coins used for illicit activities--this is what cash is supposed to do, this is what capitalism is supposed to do. Good money does bad things. You will never see Washington wince when he's used to buy crack, you will never see him yawn when you buy the morning paper, and you will certainly never see him cheer when you buy an ounce of your grandmother's illicit cataract medication. Good money does bad things, period.

Those people fretting and hand waving do not see (or likely choose to ignore) that real freedom is tied to private money--good money capable of exerting its holders free will at any moment, at any time. Those that say big government has already won,  have already lost the will to fight, to do what's right in the face of impossible odds, to be vigorous freemen in a time apathetic slavery. At the end of the day, every man and woman's choice is simple, to be a slave or a master--if you are waiting for the powers that be to validate your investment, you have made your last free choice and will gladly take what's handed to you--and though I will feel pity for you, and can even emphasize with the conditions of your slavery, I will never sympathize with the conditions of your failure to break free and set a new course for humanity in this dark time of surveillance states.  If you are waiting for an authority to take you by the hand and lead you greener pastures, you will be continually disappointed that greenest pastures, the choicest venues, the sparkling rivers, the places you always wished you could be, are reserved for those you follow.

The digital world before us is as vast as our imaginations, a land beyond the scope of any nation, no matter how powerful they may seem in the confines of their physical state--they are limited by nature's bounds, constructs of hierarchal determinism, incapable of pondering virtual states of each man his own, each woman her own--it is not by accident that the final battlefield is our imaginations, and the quickness in which some give over their ultimate freedom matches the long drawn out physical history of rule or be ruled, and then the cataclysm of the wisdom that asserts--I have only myself to rule or be ruled.

..hot off the forum

Can i interest you all in some freshly squeezed FUD ?

I TOLD YOU SO INVESTARDS !

It works both ways. Monero can also protect law enforcement from the kind of attack proposed in this thread regarding the SilkRoad coins. https://bitcointalk.org/index.php?topic=306809.0 (https://bitcointalk.org/index.php?topic=306809.0) Ethereum has proven that it is actually possible to do this on a blockchain in the clear.

So here is the question for law enforcement. You seize Bitcoin or Ethereum as proceeds of crime. Then the "community" decides to undo the seizure without any form of due process. How do you prevent this? Now with Monero law enforcement is actually protected from this kind of attack.    

Edit 1: The majority of the hashpower for Bitcoin is in China. Food for thought for US based law enforcement.
Edit 2: A taint attack against the seized coins is also possible. Fungibility works both ways.

Forgot about your bragging forum hype campaign where Monero would be used by Dark Markets ?
I didn't.. i warned you all it would be stupid.

And they can't do anything ?
See that guys screen cap earlier.. idiots  :D

They can basically force any "compliant" exchange to ban the coin.
Then.. let's see how fucking popular it is ;)

I warned you all lots about this shit LOUDLY !

..now it begins.

Sorry continues ..forgot i told you Cryptsy was doing this for ages ?

PS:
Lets see how cocky the Monero shills are when the Fed's show up at their door with a court summons and warrants etc.
Ready to fight a costly legal battle to defend your bags big mouths ?

PPS:
Don't even bother trying to pull that routine guys..
Ohhh well... other guys are bad too so go get them defense retort.
This is about Morono so quit pointing figures at others saying they are doing it too.
Monero is the faggotry marketed and adopted DIRECTLY at Dark market criminals.. no others !

Not good... FBI can kill any coins, if they want.

On the other hand, unless they have evidences, they won't do anything. Plenty stuff used in darknet.

chinese miners won't give a shit about a bunch of criminals in foreign lands having their money taken from them. and i don't think the fbi would care all that much if their proceeds of crime were turned to useless bytes if something was done. it would be some fun inspiration to go after the wider community even harder.

Hard to say what you mean by that. Best bet is that you haven't been busted, yet. But that may change, because "Good private money capable of exerting its holders free will at any moment" is usually kept in best possible secret and the owners usually don't go bragging about their fortunes, promoting their illicit activities almost every day on public forums. I can't even see how that would help the general cause you're addressing.

Its a common issue with criminals. After they got away with their trickery for so long they feel entitled to that outcome, and are utterly astonished when "the law" comes knocking on their doors.

But the Chinese government could, especially if the coins were associated with some CIA covert action as opposed to something as mundane as online drug sales.

Edit: My point is that: This has already happened with Ethereum, proving that the Satoshi POW alone is not enough to ensure fungibility.

I bolded the important part for you. You claim not to know what I mean, and then assert that I have used Monero for criminal purposes--your mistake. My point is that good money (like cash and Monero) is indifferent to whether you use it for legal or illegal activities, but only needs to be fungible to allow you the choice.

anyhow, they'd have more headaches this time. as if bitcoin isn't confusing enough, there are more crypto currencies offering the same features like SDC and they should be monitoring it by now before it flew.

You guys are skipping over the point here.. DARK MARKET ACTIVITY .

In the case of Monero, it has been promoted as a better replacement for Bitcoin for mostly criminal purposes, and its success is bound to that fact. Fungibility is just a pretext, all criminals have them.

Fungibility is a property--all technologies have them.

Really? And now you want to claim in all seriousness that Monero's success was due to it being fungible, or what?
Go ahead man, take another hit from your crack pipe and try again.

Oh the butthurt in this thread.

I guess if the FBI thinks it is something they need to pay attention to, that would then legitimize the technology behind Monero eh?

Looks like Dash/ZCASH ain't much of a worry for the FBI it would appear.

No, that's incorrect... Monero was created for privacy.

Privacy != criminality

Privacy does have its positives in protecting one from being targeted for ransom or targeted advertisements based on your spending habits or competitors knowing who your suppliers are.

This whole idea of privacy is only for criminals is like saying all people who take a shit with the door closed are criminals.

IF that is the case get rid of your doors, locks, curtains, and all passwords to all of your accounts. Make your password [BLANK]. Oh and then after all that post your bank statements on the internet for all to see if privacy is only for criminals.

Monero allows user opted transparency via the view key.

Which I reckon Evan and the cult have tried to consider getting the attention of TPTB to look at dash and how that would be positive for dash. Also the costs to get such a "showing" in dog and pony show lol.

It cost 0 for Monero to get the attention of the FBI.

ZEEEE ROW

You're not arguing my point, you are intimating that Monero's success is due to darkmarkets, which may or may not be true. My point is that good money has to be fungible and fungibility is a property--in this case a technological property of Monero. Do you disagree that fungibility is a technological property? Are you arguing that Monero is only used illicit activities? Those are points I can argue, the rest is hand wavy moralizing and faulty assertions on your part.

Proof?

And who is "Monero"?

What company is in charge of Monero? Who is its CEO?

Promoted? Where?

I'm not arguing because there is nothing to argue. Every other shitcoin is fungible, until it isn't anymore.
Once your coin is dead and some of you're in jail, it will be as fungible as my grandmas undies.

It wouldn't even take a big case and all that.
If the FBI would give a recommendation to ban it from complying exchanges, a simple memo from the CFTC would be enough to enforce it.
If POLO and all other US exchanges would have to take it down, what do you think would happen to your beloved coin?

Could legitimize it as THE darknet coin. Also, are you banning Monero or all the cryptonote coins? All future variants? On what grounds? Wouldn't this effect ALL cryptocurrencies as Monero has a viewkey available and is easy for voluntary compliance?

Of course, you could even choose to rebrand it to "Darkcoin" then, I think the name just became available.

Nah...but markets have a tendency to over react, that's all.

A true fucking Crypto Classic Retort™®

You shill's have a very VERY small playbook.  :D
I *DO* believe i heard this one before.. hahhahahhahahahha ahhahaha hahahah hahahahahhahaha

    
[SEC] Ponzi schemes Using virtual Currencies  (https://bitcointalk.org/index.php?topic=1315649.0)


Oh and.. Spoetnik warned you all - he's sicking the SEC on your ass now (https://bitcointalk.org/index.php?topic=837026.msg9352402#msg9352402)
Which links to..
https://www.cryptocoinsnews.com/sec-sends-inquiry-letters-hundreds-bitcoin-companies-unregistered-securities/

..which means hundreds of Bitcoin companies are NOW legit.  ::)

Come up with new material clowns.. butthurt ? ROFL'z  :D

why FBI investigate monero coin, i think only operate in USA , and use fiat money in operational FBI can investigate
and iam not understand why FBI investigate monero, founder monero not from USA, server not from USA, USA people not lost money about monero

i dunno who has the Github password ?

@cengsuwuei
Dark Market activity is a problem in the USA.
I read about a story where a guy was arrested via Bitcoin + Alpha Bay selling Fentanyl through the mail.
And in case you did not know my country Canada is having a massive severe epidemic with SHIT LOADS of people dying from it and ..Carfentenyl.

Simply coming into contact with a couple grains of Carfentenyl can kill an adult !
Now imagine that flowing through the US or CAN postal service and a package rips open killing a mail man..
Or some teen buys some with Monero then dies..

Imagine the tax payer bill when a call is made and they have to show up with hazmat suits like a nuclear waste spill happened. <-- this has happened in the News with Fentanyl lots before.

You think these sleazy greedy losers care about small children being exploited for child pornography on Dark Markets ?
If they did why were they running around this forum bragging about how Monero is now used on Alpha Bay ?

You think these greedy little fucking Investards care that they are providing a platform for Terrorist funding to attack US citizens ?
Kids dying from Drug overdoses ?
Of course not.. they simply rail on defending their criminal bullshit.

Monero - The Criminal Coin™

Brought to you by rpietila / Risto with his Silver tea pot collection and pink Bentley and Castle.

I cannot see this ending well for alternates.  HitBTC and Poloniex are so deep into Monero, where unless they start covering their ass now, then we're looking at international raids and confiscation of coins like the Silkroad.   It will be a very red week and many alternates would see 5%-10% of their total supply confiscated as evidence (and presumably later sold at some auction).  There is a remote possibility, much like Bitcoin right after Silkroad, that the liquidity being seized could result in skyrocketing prices.

Actually Polo and others have the same "problem" as any exchange which converts USD or EUR to local currency: none, no problem at all.
They don't know where your money came from, but they ask for your ID. Polo does the same. Both follow the rules.

I don't think that the authorities will confiscate anything, at least not from Polo. But the price may rise because the rules may get enforced better or made more strict and the ones that want to buy anon coins for illegal stuff may buy more "just in case".

Everything you pretty much claim is done in fiat. All of those criminal activities are done in fiat trash. Moot point.

Do I condone illegal activities? No.

Do I condone financial privacy? Yes.

If you don't like privacy please remove all your doors, curtains, and passwords to all of your accounts. Always take a shit in a glass house where everyone can see you OH and...Also post your bank statements on the internet so we can all them.

Having the github password doesn't really mean anything. Monero was created initially by ThankfulForToday. Much like bitcoin if Satoshi were around he probably would have been taken into custody or questioned.

Do you see the FBI going after the people who hold Bitcoin's github password?

Once again, moot point.

Try again.

Confiscating privacy coins would probably not net much information or evidence for the regulators. But you make a good point. Polo is a single point of failure. Hint Hint...Bitsquare.io

up next Zcash...

The only conclusion here:

If you're still using BTC on DNM's you might as well go to the FEDS and just admit to everything you have bought/sold over there... If they are worrying about xmr now, it means they don't care about btc (as much) anymore, reason: they can see the whole transaction-history in btc... They couldn't have dreamt such a nice transparant system to monitor criminalised behaviours...

I actually believe XMR could be a Bitcoin killer. Monero has solved all main Bitcoin limitations and that's why it doing great in the Markets. It will possibly overcome bitcoin in the future

Technically incorrect. And I debated @ArticMine (et al) and explained why in the past.

I am not going to repeat that now. But at the appropriate time, this will be explained in great detail on my future altcoin's whitepaper and website. So there can be a permanent place for newbies to go to be educated.

No one promotes Monero at all. Not like this not like soemthing else. Day traders promote their bags on this forum and on Poloniex trolbox. Shill when full and FUD when empty. That is what happens.

Monero is used where it is. That is why it is here. That is why we have money to be used. A tiny part of darkmarkets use Monero. Most there still use Bitcoin or whatever they use. Law enforcers will use analytic tools to track those that do things against the law more. So on my opinion BTC will be use less and less on Darkmarkets.

 
So cool ! The feds must be watching us  ;D

Hello feds !  8)

and probably want to also invest to monero?
this exposure will actually make monero more known to people in the darknet. i'm not from darknet myself buy i've bought monero weeks ago when it drop because of some serious issues lately.

that's what you call potency of the tech..

unlike DASH's snake oil crypto haha.

the FBI is worried too that the knives being manufactured is going to be used to by criminals to murder?

XMR, DASH, ZCASH, are all anonymous coins whose anon tech is over bitcoin, if they only check XMR, it does not make sense, because there are so many anon coins to protect privacy, why they only scrutinize XMR?

EPIC FAIL sweet-heart ..dark markets period .

1 darkmarket, 2% of usage...

first people were telling xmr-implementation@alphabay would be epic fail, because wouldn't be used...

now xmr = darkmarketcoin...

what is it now? stick ... dog ... find ...

best regards

MONERO was deliberately created and then used primarily for Dark Market usage.
Nice try though sock puppet doing damage control.

Users adapted Bitcoin for Dark Market use AFTER THE FACT with *MIXERS* etc.
Satoshi did not sit there trying to think of a coin system that violates anti-money laundering laws
to as Dino say.. "Stick it the man" (purpose of crypto is to be anti-law etc)
Nope.. they latched onto it like they did with FIAT.

You are trying hard and i laugh my ass off so hard i lost it hours ago.. can anyone help me find it ?  :D
You dumb fuck shills deserve to get a serious legal ass kicking with all the retard shit you been spewing the last couple years.
I am fed up with your crypto rebel teen angst unrealistic Dark Market advocacy.
You stupid little cock suckers would not shut the fuck up about Monero's grandiose DM usage you were more than happy to brag about non stop with your little hype, spam and pump tactics.

...NOW

YOU ARE fucking back peddling fast and hard when you start sweatin' the mother fucking FBI might come knockin.

What did you cocky smug greedy little fuckin' pukes expect ?

Go fuck yourselves and your little DM shitcoin scheme bullshit too pricks.

I TOLD YOU SO STUPID FUCKING CUNTS ...blow me ;)

derptyy fuck mutha fuckin derpty derp all the little profiteers caw like crows here before..
Liekz 0MG BBQ n0ne 0f the other coinZ are used on DM's 0NLY Monero'z so it'z bettah !!!11111ONE

You were oooooooooooooh so happy to brag the shit out of it and now ?

Shit talking little clowns are hiding under their bed.
You pathetic spineless shit talking little fucking cowards make me sick.
Go give your picture ID to Poloniex more ya bullshitting baggies  ::)

lol, anti-money laundering laws... are you so naive that you believe that shit? Do you know how retarded that concept is? Don't you see what government is doing with our money, how the game is totally rigged, how government (as you would put it so nicely) f*cks you in the ass all day and all night... How they will tax you to death, and then some... How they erode the economic and social tissue with their endless moneyprinting (yes, printing out of thin air, and you're worried about money-laundering FFS )

the biggest imposters ARE the ones inventing 'anti-money-laundering-laws' so they could remain the biggest thieves of them all without competition, using their other monopoly on violence... and you are defending that...

go read a book naive little kid...

best regards,

I Support "anti-money laundering laws"

https://encrypted.google.com/search?hl=en&safe=off&q=anti-money+laundering+laws

http://www.finra.org/industry/aml


You support corruption and terrorism huh ?

Bitcoin can be as anonymous as needed too. You are delusional if you think the powers that be will allow bitcoin be succesful at a mainstream level, they will ban it if that ever starts to happen. They are leaving it alone because its still too small for them to care, but as soon as the marketcap starts getting bigger they will try to crash it, that's why we need more anonimity, crypto is destined to be an underground thing that challenges governments, it will never be just another accepted currency open for governments to inspect.

Also, you could have received coins that are linked to criminal activity and you can get into problems because of the open blockchain... not good.

And how do you know this if the transaction are anonymous? how do you know if someone using monero bought an illegal thing? fbi here is worthless they can't do anything this is the sad part, all the criminal will move to anonymous coin from now and will not use fiat anymore, and this can not be stopped


actually no because it just use segwit which was bough primarely for bitcoin , so they copied it, bitcoin only lack 100% anonymous, but bitcoin was menat to be 100% anonymous in the first place

Oh come on... You're playing dumb here...

Corruption only exists because (members of) a government can be bribed

Terrorism exists because of interventionist policies by government

Ah well... Water under the bridge...

WOW so much sad pathetic fail with the cliche'd excuses here.

Since i posted last..

pereira4 = Bitcoin.. Bitcoin.. Bitcoin.. but but but, Bitcoin did this and Bitcoin did that.  ::)

Problem.. i addressed this on my 2nd to last comment here and more than that too (ignore the facts more)

Retort fail.

Ayers ?

It does not matter if they can see the transactions which i bet they could if they kept trying via cross referencing
What matters is Monero was created and being used mainly for circumventing anti-money laundering laws which *ARE* enforced on most exchanges (those that are compliant)

I have pointed that out lots too.  ::)

Can't do anything ?
Sure they can read what i just said.
If Monero is removed from complaint exchanges you have a problem guys.
If Monero is black listed across the services world that is a massive problem.
And fuck yeah they CAN do it too !
Every heard of Piracy ?
Back up your mouth and start a piracy site and post your full name and address here dumb fucks LOL
Lets see how long it stays running ahahhahah

obit33

Corruption exists because govt staff can be bribed ? Are you retarded ? LOL
The laws exist to curb the crimes dumb fucks.
That is why it is law to not murder people.
Does it still happen ? Fucking duh !
Should we then abolish the always since it does not stop *ALL* crime ?
Of course not.. that is simply retarded  ::)

And again i have been saying ALL of above for fucking years.
AND saying, I TOLD YOU SO ..every step of the way ;)

Only thing left to do now is bump anything not bolted down to cover it up eh guys ?  :D

Monero is in a hell of a lot of trouble ..and so are their cocky naive brat supporters  :o

 
How to fix bitcointalk in one click

https://i.imgur.com/lzzqQJ2.png

Marketcap, if the other projects you mentioned reach the same marketcap, they will be scrutinized.

+ XMR & ZCASH are closed blockchains
Dash (just like Bitcoin) has an open blockchain with optional anon tech for those users who want privacy

I have the feeling the FBI at this point is more interested in closed privacy-focussed blockchains with high marketcap.

Is the 2 million dash coin instamine also a feature of just dash?

That makes some sense, but once a privacy option is present in a project, what would stop them after a certain marketcap is reached?
There is a limited level of privacy that will be tolerated it seems.

Here is a bit more inside into the FBI's "investigative techniques" :

http://www.coindesk.com/catch-bitcoin-ransomer-inside-fbis-cyber-investigation-process/


https://i.imgur.com/dABg9Lh.png

Did the FBI ever investigate your boy Evan Duffield for the 2 million Dash coin instamine?

Here is a graph of what the instamine looks like:

http://weuse.cash/wp-content/uploads/2016/10/dash5.png

Oh that will happen when they will keep that much anonymity. They have to remain in the limits and have to be at least the same as bitcoin is. We do not need that much anonymity but we only need a crypto currency with which we will be connected to all over the world for our business.

Epic post brother.

When Chaum declared "The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy" it wasn't just cyberpunk LARPing.

We will have a real democracy if we use well-developed digital cash (IE fungible coins stored and exchanged on a diverse/diffuse/defensible/resilient network) such as Monero.

We will have a dictatorship if we use bad digital cash (IE non-fungible white/black-listed coins stored and exchanged on a centralized network) such as Dash+Coinfirm.

Please note Bitcoin will eventually transcend these categorizations because its ultimate fate is to "be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." (https://bitcointalk.org/index.php?topic=2500.msg34211#msg34211)

The question remains: what are they going to do about it? or in better words what can they do about it?
Democracy is better represented on a decentralized blockchain and there is no central authority to decide one way or another.
Are they concerned because of criminals? I would like to see some data/statistics of criminal activity on any blockchain vs Fiat.

It's not like polo is seizing people's monero as suspicious and demanding id, oh wait, they are.  :o

If Monero is indeed under the scrutiny of the FBI that could mean it is now really "popular"... why should the rest of the world care if US agencies or institutions have a problem with Monero? Frankly I don't hold nor do I particularly care about Monero. Will there be trouble for Monero holders in the US?

This guy LOL

Yet another one i have given a spanking to more than once for his scammy stupidity.
His account here is suspect.
He has not shown his face around here for damn near 2 years.
And he pops up here saying that after all this time ?
Where were you all along contributing ? ..to anything.

You guys are trying pull out all the guns to quell the evil FUD eh ? LOL

RED ALERT Monero Shill's man your battle stations !

http://i3.kym-cdn.com/photos/images/original/000/968/455/475.gif

---

EDIT:

@instacalm
That is what is just finished saying earlier.
You all do not listen and simply pick an angle to pursue in your defense of Monero and push on it with it relentlessly.. trying to take turns recreating it.

When the SEC released it's Investor Fraud Warning Alert PDF January 2016 and i posted here the same day.. you all railed on endless proclaiming .. THIS IS IT !
Unanimously chanting that Bitcoin is legit now.
You all passed celebratory cigars and started uncorking the wine bottle like idiots.
Look yourself at the replies people..
[SEC] Ponzi schemes Using virtual Currencies (https://bitcointalk.org/index.php?topic=1315649.0)

In reality this happened during a period of downtime in Bitcoins price and popularity.
So the correlation in that example simply fails.

I would come to the opposite conclusion.
The FBI has been here since day one and they simply see what we see.
Monero creeping up the charts over time on CoinMarketCap.com
There is no shred of information available that they did this because Monero was "getting popular"
That is silly.
I am not saying that because of the fact i don't like Monero either.. i really don't see the correlation at all.
Guys if that was true i would say it and used it in my "FUD" ;) HAHAHAHHA

What about dat Dash 2 million coin instamine doe?

Most coins were instamined.. what is your point ?
Take Prime Coin or Quark for example.
Both were so radically different from anything before them that they were popular over-night.
There is an element of who participated that goes on.

What i wonder with that accusation is..
Was the coin dev / team deliberately making sure there coin was unpopular to hoard mining coins to themselves ?
If not then it's a fair launch basically.

The parameters of mining are set out and you are all able to participate in the mining if you CHOOSE to do so.

Simply saying the coin was easy to mine at launch is snot quite enough to scream scam in my books.
No it does not look good either but it needs to be placed within context.
It's not so black & white..

Anyway who cares.. that is not the topic.
Why are you all playing the same defense retorts over & over ?
The topic is about Monero so you all line up to point the finger at Bitcoin or Dash etc over and over.
It doesn't matter if you allege Jimmy stole a cookie.. you are the one in trouble right now !

You guys here have shown how you are spineless back stabbing finger pointing little rats that will turn on each other.
If the cops come knocking you will all point the finger at the next guy in a heart beat.
This topic show cases the integrity of the Monero shill's crew.

This is turning out to be Waco all over again.
The Kool-Aid drinking Monero Cult guys have armed themselves in their compound against the FBI coming for them.. and if you think back to Waco News reports that did not end well  :D


..but, but, but those guys down the street are running a crooked cult ..so why can't we ?
THAT is the silly stupid mentality i see here.
Jimmy stole a cookies so why can't i ?
Because stealing is wrong idiots.  ::)

What about dat bitmonero/monero Ninjalaunched 1.37 million Cripplemined Fastmine doe
https://bitcointalk.org/index.php?topic=1435385.0

Rough week for monero with people getting funds frozen on polo and then the FBI investigation and now the jaxx wallet issues....

Am I the only one who has their Poloniex account locked for days and is getting little, vague and sketchy explanations?
https://i.imgur.com/WI3xWuD.png
https://www.reddit.com/r/Bitcoin/comments/5qhaud/am_i_the_only_one_who_has_their_poloniex_account/


Saddens me to announce we've halted @jaxx_io @monerocurrency near term integration plans. Too many difficulties. Need to refocus resources.
https://twitter.com/diiorioanthony/status/826953622088982528
 :'(

Monero partnering guide....basically dont bother:
https://s30.postimg.org/wheu2ryu9/monero_pp.png

Obviously the thread is derailing. Likely not a coincidence.

If they've publicly acknowledged it confirmed by press release, then consider for a few minutes, exactly how infiltrated this place is already is.

Let that thought roll through you for a few minutes.

Sooner or later as the tech gets better and better what did you all expect the feds do?  Just look and do nothing?  Of course they're gonna get worried.  From the problems they've been having with Bitcoin, they'll have a handful with Monero for sure.

So all the FUD here is just an overreaction from some people and for some it has an ulterior motive.  There usually is in these boards.

What did you guys expect, that Monero will flourish and become widely accepted crypto or something?
You have to realize once and for all, every fully anonymous coin when it became bigger and gain popularity it will be destroyed by governments.
True, that they won't kill coin itself, or close all dark marketplaces, but they will remove it from being accepted by legal services, mainly exchanges.
If you think that coin will keep its potential and value by being reduced only to payment method good for purchasing illicit goods then you are being extremely naive.

 

That person wasn't a devoloper, he is a Carnegie melon professor unrelated to the developers  and he sold all the xmr he earned to pay for amazon cloud computing resources  as detailed on his personal blog.

You mean what i have said endlessly since mid-2013 ?

..i know ::)

AKA: My "FUD" agenda as Tokeweed alluded too  :D

Then the only natural reaction I can see that the free market will come up with is there will be "dark" exchanges.

Assuming you are correct in that privacy-centric coins are banned from "legal" services.

Monero as a technology doesn't care about what governments do or don't do.

Yup along with many other things like cars, spoons, brief cases, tweezers, hair brushes, tooth brushes, along with the almighty USD. Hmm wonder why they aren't so worried about those things being used by criminals?

is this basically telling that the publicly exposed monero "devs" are actually not capable to help with integration? do they even dev? who really developed monero then?

Who developed Monero ?
You mean the original dev when they called it Bytecoin that vanished ?
Or the secondary "Community Take Over" dev(s) that showed up with King Risto in his castle ?

I think it's about time Monero guys come clean with who is involved and how it all came to be.
All i ever seen was a cast of characters pop up here shooting their mouth off..
Such as Risto proclaiming Monero was his first Altcoin and how he had bought many years ago a quarter million dollars worth i estimated back then.

Really.. i don't quite know who these guys are or what they are up to.

..maybe that is why the FBI wants to investigate them.

---

FACTS TIME WITH SPOETNIK:

Ok so i thought of something that i was not going to mention seeing this topic lots.
If i mention it the little Monero shill's will latch onto it and use it as a defense angle i am sure.
But i will go ahead and give them a bone LOL

Gavin was requested to meet with the FBI over Bitcoin way back too.
What transpired we were never told.
Make of that as you will people. ;)

how legitimate is this source? would the FBI actually be investigating an altcoin?

I find this part of it funny..


And i take it since the guy commented to a bunch of lawyers ..150 of them watching that was proof enough.
After all they had a private meeting to talk to Gavin about Bitcoin back when he was Foundation leader getting a salary of about 1 million dollars a year.

XMR is done like dinner lol.

REAL WORLD needs coins like WBB (rebranded ed.)  8) :o

LTC and BTC transactions also fall under this type of scrutiny due to darkmarket usage--any coins with noteworthy usage in darkmarkets or tax evasion are going to get the attention of the FBI--it's their job. I think it's weird that people are confusing specific transaction use with the coin as an entity, but I guess it's hard for people who are used to centralized organizations to wrap their heads around opensource software. The only way the FBI would be investigating a coin as an organization is if it were centralized and had a launch  that wreaked of financial manipulation and promised ROI--it would be funny if OP's title ends up being the headline for his favorite organization/coin. ;)

If that altcoin has direct links to Darknet markets or is used as payment with regards to hijacked pc ransom demands, the FBI will of course investigate it.
The source is Coindesk which is pretty reliable, they even mention the FBI's special agent :


http://www.coindesk.com/fbi-concerned-about-criminal-use-of-private-cryptocurrency-monero/
http://www.coindesk.com/catch-bitcoin-ransomer-inside-fbis-cyber-investigation-process/


  

Yeah, like they will just ban one anonymous coin if they start with this. If xmr kicks them into action they take down dash too which should be easier to do. I mean they won't suspect everyone will move over to one of the other anon coins if xmr gets taken out or reduced down to not being worth dealing with will they? when dash is outlawed from all the main exchanges it will be crushed like an ant.

Frankly all anon coins are probably going to be reduced to dust once they start paying attention to them. I am not against anon coins but if they get the rest of the crypto party shut down early that will be rather upsetting.

In those hearings we were all watching on here back in 2013 the main thing they repeated over and over is that they will NEVER allow anonymous crypto currency. That includes dash.

Blatant diversion.

Monero is in the news mentioned by name.. so a shit load of retards show up to rail on endlessly about how Dash is so bad.

ahhh the credibility of these Morono fuck heads is astounding LOL

Seems to me Monero would be no where with out standing on Dash all the time.
Otherwise why do they feel the need to attack another coin incessantly when confront ed with criticism of their own coin ?

For the record i have 1 fucking account unlike all of you.
I have never owned either coin.. nor will i.
get this assholes.. i am honest  :o

I know right.. this shit is so fucking corrupt i have had people call me a liar and insist i have an agenda etc and am trying to manipulate shit for profits because they can not wrap their heads around the fact that some people are in fact HONEST.

..they simply can't believe it.

There is no critic here. There is an article on Coindesk about Joseph Battaglia talking to 150 Law students about Crypto.  Most likely of Bitcoin and also mention Monero superior technology.

There is no criticism in this. Is just more awareness to crypto. And is free. USA government paid for it, since probably they organised it, or I dont know who paid since in USA some schools are private.  No one from crypto organised it and paid. Only good technology will attract such awareness. Those 150 Law students are our future. And is perfect they learn and know about Crypto.

You were all proud as a peacock struttin' around here boasting about your oh so great DARK MARKET ADOPTION.

Now ?

..get on it Investards ..line up and brag about it more.

By all means don't stop on my account (or the FBI's)  :D

---

EDIT:

What's worse ? Spoetnik's "FUD" or the FBI hunting you ?

That pic - LOL

Interesting article about Ring CT on Steemit
https://steemit.com/cryptonote/@macrochip/warning-every-cryptonote-monero-transaction-in-history-will-be-retroactively-exposed

Warning: Every CryptoNote/Monero transaction in history will be retroactively exposed

The CryptoNote codebase and its best known currency-derivative Monero, both of which prominently use ring signature anonymity as their defining feature, build their entire privacy scheme upon said feature. This is highly problematic to anyone that relies on their transactions to be anonymous not only in the present but also well into the future as I will show in the following.

If someone or something (e.g. an AI) ever were to break ring signature anonymity every CryptoNote currency's blockchain will be completely de-anonymized from beginning to end. This only has to happen once. So in regards to anonymity Cryptonote has one centralized point of failure: The robustness of its ring signature implementation.

Case in point

A (former?) Monero team member going by the name of "Shen Noether" wrote a (now deleted) blog post about how he was able to break the anonymity of ShadowCash due to an erroneous implementation of ring signatures (Here's an archived version. - And an archive of that).

Shen went on to deanonymize the entire ShadowCash blockchain from start to finish just to prove the flaw he found was serious and painfully real. Had anyone -up to that point and subsequently- ever put their faith into SDC's flawed ring signature implementation and made a life and death transaction with ShadowCash, they'd be in mortal danger right now (to emulate doomsday rhetoric heard from Monero "steward" Riccardo Spagni in regards to other privacy-oriented currency projects and their purported flaws).

...more

The way I understand it is fluffypony did offer some consultation regarding Jaxx's monero integration.

But if I'm not mistaken he did it for free. Jaxx wanted help at no cost to them but at the same time wanting to reap the profits of having monero integrated into their app.

Nothing was exposed except the incompetence by Jaxx and their obvious ulterior motives.

LESSON: There is no free lunch if you are the first to attempt to develop an app for a new technology like Monero.

The mocked up image is from someone who only is cherry picking details of the overall situation.

Hey arsehole gang, time to start bashing VCASH again, its just having a comeback.
Looks like people are bailing XMR and buy XVC instead.

I could understand them. Too much shit coming up around XMR atm.

I just have a feeling that If monero overcome this FBI FUD, the price maybe aheading to the $1 billion marketcap, it seems to be the only coin given governemnt concern now and this will make the value sky rocket

Bashing VCASH?  Nah, there's no need to beat that dead horse.

Without John Conner there is no VCASH just as without Evan Duffield there is no DASH.

Stop conflating BUS_FACTOR=1 (https://en.wikipedia.org/wiki/Bus_factor) hobby coins with those enjoying a critical mass of developers.

I think they have a nice coin now that the psycho is gone and the crew seems to do a good job, seems a nice hobby they have.
And you're getting desperate, because you're running out of arguments.
Your head honcho developer indeed has enough critical mass, I know that just by looking at his beer tits.

But anyway, this is the Monero FBI thread, lets go on with that and observe its downward spiral into oblivion.

Come on now, many successful ventures have come under scrutiny of the FBI and continued on to be wildly successful. Of course the opposite is true, but to state one or the other as fact before the facts have presented themselves is total speculation. There's a speculation thread already for that.

Hell all I see here is an article saying, explicity, that the way in which the agency conducts investigations will change. Nowhere here do I see any mention of any particular cryptocurrency being outlawed or banned. I've had a good laugh though, readings your reactions. My own reaction personally was to reconsider exactly which people selectively respond to specific people only and not like traditional posters, often more open to having discussions with most everyone with a relevant opinion.

Speaking of speculation, there's a significant amount up for loan on Poloniex, from which you could probably make at least a couple dollars on if you were really to know for a fact that there will be a downward spiral into oblivion. I encourage you to take advantage of this opportunity to make serious returns, as there's just enough being offered for upwards of 30-60 days that you'll surely consider it a worthwhile adventure.

The FBI admitting they have been sniffing around Monero is not a good thing.

They simply see what *is*

What YOU see when you look around.. an Altcoin with no adoption.
Well, except a failed attempt at Dark Market adoption (DM's guys did not take to it i guess)

Get it ?
I don't see Monero as having accomplished fuck all.
What is the difference between now and 2 years ago ?
The price ?
So what.. that juts tells me their shenanigans and hype and pump shit boosted it.
And lucky for them they have been convincing in pointing out a key issue..

The scene got worse and worse pushing ICO's lowering the bar for years now.
So eventually it got to a critical point where users were FINALLY turned off by IPO/ITO/ICO's
And then wanted to turn to a "mined" coin etc.
Then they run into Monero shill's hocking their bags..
THAT is why the price is where it is at now.
..and that is not any sign of success either.

All that does is tell me the crowd here chugged the Kool-Aid.
And the crowd are dummies.. they supported bullshit like Doge Coin and Ethereum for example.

The FBI mentioned Monero and that is a sign of legitimacy ?
No.. guys that is simply retarded.
If anything it's a god damn warning that they have and will be hunting your ass's.

Many companies were investigated by the FBI and went on to be successful ?
Name one..
Taliban inc. after the 911 attacks ?  :D

Are you people fucking retarded or what ?
Seriously are you brain damaged ?

You do realize you are defending a currency that has no chance in hell at being used by the general public but instead is going to get used by criminals ?
The Monero Cult members even know this which is why they got Monero adopted on Dark Markets then bragged about it which caused a surge in popularity by the greedy profiteers here hoping to make a buck of it.

DM's usage = planned price pump = kidiot investards flocking in for ROI'z

Once the retards started flowing in like lemmings you proclaimed it a glowing success because of... well, the price.

Are you retarded ?
If i certify a rich person will pump a coin.. ANY coin.. those same stupid little dipshit morally bankrupt lemmings will come running in fast & hard too.
That does not PROVE success by any stretch of the word.

What does ?

A D O P T I O N

How many times do i have to point that out to you all ?

Where is Monero's adoption ? DARK MARKETS
And why is the FBI sniffing at Monero's ass ?
D A R K - M A R K E T S

Tread carefully smart ass profiteers because you are playing with fire.
This is not a little game.. This is deadly serious shit !
The legal authorities have no concern about your silly hollow little forum idealism rabble.
Nope, they don't give two shits about some schmuck douche hoping to make 50 bucks off some shitcoin bullshit.
They care about hunting Pedophiles on dark markets or gun traffickers or drug dealers or worse Terrorism !

And yet even worse than that.. Billion dollar global Drug Cartels and Ransomware coders.
I would not be surprised to hear Cartels are pushing a Trillion a year in drug money around the globe.

I did some investigating recently on Mexican drug cartels and you all would be stunned at how much paper cash money they get in hand every year.. ALL of it going in and out of the USA.
They make some much profit that they sink Narco Submarines when spotted by planes.. with say 250 million sunk in the boat's.. they make so much people they can simply throw away a quarter billion.
And not only that but they do it repeatedly all month long every month all year long.
They couldn't care less about throwing away 200 million.. they simply send another boat right afterwards and keep doing it..
Those narco-subs ? many are made at a cost of millions for 1 single trip then they skuttle them.

So what does the FBI care about ? Doing their god damn job !
You dipshits and your mouthy moronic idealistic rabble here is irrelevant.
If Monero is going to be a problem they will take you fuckers out at the knee's fast and hard !
The 5 losers here shilling for Monero here all year round will be dealt with swiftly.
Lets see how much of a cocky tough guy ICEbreaker is when he is sitting in Guantanamo bay for a year or two.

Little children clutching BTC ROI'z this is not a little kid's game for profits.

You brats have been warned.

PS:
@flipme / roach
I liked your post ;)

"..If Monero is going to be a problem.."

All I needed to read.

I said scrutinized, not investigated. The FBI has scrutinized Apple, who publicly denied to crack their own phone. There's a file somewhere with details of conversations and facts from the investigation. Microsoft fought a gag order in May 2014. Also, what about the Uber investigation around September last year following an explosion in Chelsea?

On the flip side yes, Taliban inc. was investigated, then bad things happened. Terrible stuff, details. That anyone thinks that the FBI investigating people using Monero is a bad thing for Monero, is again more speculation. It's the details of what's in the investigation that make the difference between, well, pretty much everything.

Short of that though, I definitely agree that all they care about is hunting pedos, gunners, terrorists in the states and increasing their budget (I added that last one). The fact that Monero is funneling a few into the internet is a detail. And yes publicly mentioning Monero being used for such is obviously a warning to criminals, one of the many things the FBI does on a daily basis.

Little bit of double thought though .. how can there be a failed attempt at Dark Market adoption, but an active investigation into the usage of Monero in the Dark Net Market at the same time?

Monero is created to circumvent AML's
Monero is adopted by criminal Dark Markets.
Monero is mentioned by the FBI.

..what is there to speculate about ?

That it's a good thing ?

Well to be fair, at least I know now that it is a serious currency of course that doesn't mean we should immediately go and buy Monero. I was very suspicious beforehand about the several pumps surrounding Monero; if the FBI are worried that proves that ring signatures have at least some validity.

This isn't a Monero thing, it's a use thing.

Quoting the article no one has seemed to read (at least not very well):

"Since 2013, the agency has seen "enormous growth" in the number of cases involving digital currency payments, according to Battaglia. Of those, 75% involved bitcoin, he said, though he mentioned litecoin and monero as other cryptocurrencies the agency has encountered thus far."

and

"Following the event, the special agent said he couldn't provide additional details specifically pertaining to the FBI’s investigative techniques surrounding monero when asked by CoinDesk.

During the panel, however, Battaglia described the FBI as "a reactionary organization", adding that, instead of trying to predict the direction that cryptocurrency use might go, the agency has adopted a wait-and-see approach.

Battaglia concluded:

"We’re going to look at what catches on, and what becomes mainstream, and then we’re going to keep an eye on that, because usually not long after that is when you start to see some of the fraud and some of the more nefarious uses of that technology."

I guess reading the words right there in front of you (and understanding what they mean) is a little too much for some.

Where is that comment? I don't see how you addressed that.

Im just saying, bitcoin can make FBI attempts to trace people's coins, but a mixer like helix under Tor seems like it would frustrate their attempts to properly trace it.

What im also saying is, eventually everyone using crypto will be labelled a potential terrorist, that's why anonimity by default should be what we need. Monero is good because of that, but the problem is, they don't really solve the node centralization problem. Their dynamic block size approach will make the network prone to nodes being centralized, which makes the coin less anonymous than bitcoin.

xmr rekt

every scumbags websites full of fuck up shit to use a shitcoin on lel.

https://bitcointalk.org/index.php?topic=1762690.0;all (https://bitcointalk.org/index.php?topic=1762690.0;all)

These spam attacks work because of the fixed blocksize in Bitcoin and have a very significant adverse impact on a Bitcoin node's bandwidth costs. The reason I know this is because I run a full Bitcoin node.

The fact that this is making the Bitcoin network unreliable driving away both users and merchants cannot be underestimated.

Edit: The following quote from the above thread says it best:

I love how your defense retorts get decimated then very next comment you all keep posting the same defense retort.. as usual with Monero idiots here.  :D

It's not a sign it's legit.. a pile of reasons why are posted.
You ignore them.
You post it's legit now  :D

Being a stubborn brain damaged moron bag holder deceitful shithead shill bitch will accomplish nothing.

I am laughing at you guys and all your fucking FAIL.

It's like Playing rock, paper, scissors with retards..

They play Rock and i play Turnip.
They play Rock and i play Car.
They play Rock and i play Shoes.
They play Rock and i play Cell Phone

On and on i keep pounding their ass's into submission and they get up and wander over a sad pathetic disheveled mess harping and whining their sad little retorts.

Future Predictions ?

..your honor this is all clearly "FUD" by Trolls so we request the case be dismissed.

DENIED.  :D

https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2FGoYWKAE.png&t=573&c=4haTCX3DiCvLNA




What is happening here is there could be a massive pullout of all bitcoins or cryptocurrency that are in any investment, from the US government.

What is happening here is there could be a massive pullout of all bitcoins or cryptocurrency that are in any investment, from the US government.




https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2FGoYWKAE.png&t=573&c=4haTCX3DiCvLNA

The darknet, silk road and bitcoin's connections to it were scrutinized by the FBI at one point of time.
That has only helped in the growth of Bitcoin.  ;D

Too much secret ruins too many things.

anno and privacy is different.


From wan.

That is a mighty big "if".

Please go ahead and attempt to break the cryptography behind monero. I'm sure many of its supporters would welcome it.

That is how technology gets better.

When one resorts to attacking one's physical appearance instead of making valid arguments it then shows the true character of the attacker.

We are all adults here please act like one.
Thanks

Bitcoin is also under investigation....and we all know had poorly Bitcoin is performing.

WOW you all will not let up with the cliche'd retort fails.

Silk Road going down was NOT a good thing for Bitcoin.. it caused the price to crash.
It also was a thing that stained it's reputation forever pissing all over adoption.
Yet you all claim the complete opposite ? You are liars and high on drugs.

And go ahead and crack it ..it will make it stronger ?
Are you fucking god damn high or what ?

What the hell did guy say earlier about Ring shit ?
If it gets cracked then every transaction that ever happened is wide open.
And all it takes is 1 hack incident and BAM every person who used it on Alpha Bay is shitting their fucking pants !

All it takes is ONE hack to get your ass nailed by the FBI for drug trafficking on Dark Markets.
Whether this leads to an improved coin AFTERWARDS would be irrelevant..
Because the trust in Monero would be LONG GONE FOREVER !

..and what the fuck does it say on the hoody merch assholes ?
Back tracking now ?

I have addressed these points countless times before.. and you all post them again.
That is what this forum is about.. SPAM !
It's about posting lies and bullshit so much that it over shadows the truth.
If you post a lie here enough people believe it.. and the corrupt deceitful shit head shill's know it.

PS:
Cocky little Dark market shits better duck & cover.
Earth is pissed off and coming for you !
I see news almost daily about the drug Fentanyl alone..
Last 24 hours i seen a task force setup in Canada and an arrest of a dealer.
I have known guys who did time for manslaughter and bank robbery who got 7 years or less.
This Fentanyl dealer from my town just got 14 years in jail !
Why ? because there is a massive epidemic of people dying from the drug all over.
And the cops etc are on a witch hunt big time !

Guess what the fuck tards on DM's are doing ?
Selling Fentanyl with Bitcoin or Monero etc...

Good luck with that cocky idiots.

Reminder Silk Road is not running is it ?
What matters is the END RESULT......... not "how"

we all know monero is not so safe at all.

I think what we all know is their bold claims can not be backed up.

Claims such as this from employee David Latapie..

http://i65.tinypic.com/20qmikg.jpg

Employee of this guy.. "King" Risto

http://i68.tinypic.com/2n1xb44.jpg

AKA: rpietila

http://i63.tinypic.com/2r5aw0p.jpg

Who employed poor victim "Latapie" to work for him..

http://i68.tinypic.com/35i114z.jpg

Further reading..

Monero MEW Topic (https://bitcointalk.org/index.php?topic=776479.msg12619507#msg12619507)

[NEWS] Monero David Latapie French Police Fraud [updated] (https://bitcointalk.org/index.php?topic=1272304.0)

See, bitcoin is different from monero. Bitcoin is mainly created for decentralization and to make people free from banking systems.It is also accused that it is also used for illegal activities. But monero is created mainly announcing its anonymity and non transparency of transactions.For that reason,it is mainly used by darknet markets.Thats why,monero is under the scrutiny of FBI.

Intent lands you in jail.. crying FUD does not let you out either.  :D

And then in other news:

Anonymous Hacks Darknet Hosting Site

A faction within the Anonymous movement has claimed responsibility for hacking Freedom Hosting II, a hosting company for TOR based onion websites or the darknet.

The hackers claimed that child pornography made up more than half of the data that was hosted on the servers.

This is not surprising considering the fact that the original Freedom Hosting hosted as many as half of the child porn sites on the darknet.

The hackers have since dumped the data, and it includes the email addresses of nearly 381,000 users. At least 21 percent of them are already included on haveibeenpwned.com, a website that tracks user data leaks.

<snip>

http://wearechange.org/anonymous-hacks-darknet-leaks-pedophile-databases/

Thats the crowd you're serving ... thats the crowd you're associating with ... thats your promotion vehicle ... thats the name you're putting on crypto ... the scum of planet earth

Another article with Monero nowhere to be mentioned?

Ok I'll play too.

And yet another news article:

Patriots win superbowl in historic 4th quarted comeback


Yet another team of the National Football League has brought home the Vince Lombardi Trophy, a symbol indicative of savage victories for more than fifty years.

A notable team leader claimed that: “We all brought each other back,”

“We never felt out of it. It was a tough battle. They have a great team, I give them a lot of credit. We just made a few more plays than them.”

 But the high-scoring contest nearly every expert had predicted refused to emerge and the first quarter ended scoreless – the two best quarterbacks in the league this season had managed just 59 yards of passing between them.

<snip>

https://www.theguardian.com/sport/2017/feb/05/new-england-patriots-super-bowl-51-champions-atlanta-falcons

Did you hear that? 59 yards of passing!! Don't you understand that by enabling such teams .... promoting such teams .... these are the teams that represent football for everyone .... the greatest team on planet earth

I mean, who's to say Monero's not to blame here amirite?

When you yell at the grandma in front of you at the grocery store for using cash, "You're supporting drugs, murder, pedophiles, hookers, terrorist and money laundering, you lousy bitch," then your histrionics over Monero will seem a little less insincere and more like good old fashion stupidity.

FBI if want can make pressure at exchanges for xyz reason to shut down trading Monero.
At least make it hard to trade when needed.
Privacy is great feature but hard to defend today : ( when all kind spy eye on you.

By your own logic then you are also serving & associating with any and every criminal that ever existed on the internet by using the internet.

Also you are doing the same when you use any fiat currency, you are serving & associating yourself with every criminal that ever used that type of fiat currency.

When you drive a car you are serving & associating with people who have stolen cars, smuggled drugs and illicit materials since the car was invented.

And by these 3 examples you too are associating yourself with people who deal in child porn. That's how broken your logic is.

Might as well ban spoons (because used to make crack/ice), cars (because criminals use them as getaway vehicles), brief cases (as many drug lords and thieves carry drugs and cash in them)....the list goes on.

 :P

Governments also then associate themselves with all types of criminals (including those dealing in child porn) by merely allowing their fiat paper to circulate and be used by these people to do such horrible things.

I don't support/condone such illegal activities, but I also don't support such broken logic as yours to associate the usage of ANYTHING to every possible criminal that has used that said THING you are trying to demonize.

There is a difference, non of these (spoons, cars or brief cases) are promoted in any way that the promoters tell you buy spoons because you can do crack/ice, or buy cars because you can use them as getaway vehicles, or ...

But the monero "community" did some great job in promoting monero, because it's accepted on dark markets and it has now a real value/use case because you can now buy drugs with it.

So from my view thats something different, and thats why your anaology does not fit in here!

@smoothie
That retort is REALLY weak.

Comparing creating a Dark market coin to using the normal Internet ?

..come on  ::)  :D

I think you guys have painted yourselves into a corner by design since day one.

OWN IT !

Cash does all those things and drug dealers, hookers and arms dealers all ask for cash and promote it as their preferred method of payment--you can do all kinds of analogy warping to discredit Monero, but there is no central authority making these claims or who worked to get Monero added to Alphabay. No more so than any government worked to get their fiat to be the preferred method of payment for international criminal activities. Cash is used for bad things--end of story. And to think a digital cash won't be used for the same activities is naïve, dumb, or floundering in personal interest.

As soon as i seen Smoothie as the last poster here i clicked..
figuring i'd see the "Like Cash / Fiat" retort.. nope. (he used the internet)

Then.. generalizethis "Mr Fungability" played the retort  :D

You guys are a broken record skipping on and on..

---

EDIT:

In other news the Monero dev's dice gambling site he runs was hacked for a fortune people.

Aww poor Monero can't catch a break hahahhah

The point is, the "retort" statement how you call it contradicts and refutes itself.

If the US $ would be such a simple analog, why would there be the need to use a crypto currency in the first place.
Which also refutes your worn out use of the term "fungibility".

It shows that you don't even understand what the term means in an economic context, and that you only use it as a smokescreen.
There are laws for the exchange of value, in fungible ways or not, and your only intent is to evade them.

This is one of the reasons why Monero can't be a long-term alternative. Full anonymity will be detrimental to the coin.
Zcash and Zclassic offer both anonymous and transparent transactions.

Many of these guys insist that the purpose of crypto-currencies is to be rebellious and defy law.
I'd say it is more commonly believed than not.
I am not sure Satoshi etc envisioned that agenda.
But the crowd that showed up later sure as hell did / does.

That guy Dinofelis here for example many times has said things like,
The purpose is to topple FIAT and basically "Stick it to the man"
No surprise he has a defensive stance on Monero.

I have no stance either way on it really.

I am not saying go hunt dark market guys etc.
I don't care what they do.. it doesn't interest me in the slightest.

I strive for fairness for all.
I would envision a currency that is fair for all sides legal or not.

A digital currency should not be rigged to violate the rights of potential criminals.
Would you want your FIAT money "colored" tagged so they could track everyone in the hopes of tracking the criminals ?
I'd say NO !

I advocate the right for people to commit crimes.
For example i would not approve of technology that caught users before they committed the crime.
..as seen in movies.

Sure break your laws but i would expect repercussions.

I've never understood why cops try and ban pedo porn on the web.
Let them post it.
..it would make it 100000x easier to catch them all and arrest them ROFL

Make a coin to circumvent AML or TAX law etc then you will HAVE to suffer the consequences.. as the laws says right now !

Do Crypto users think a coin was going to be created that circumvents any and all financial law forever ?
Was this what you were all thinking in this scene all along ?

I don't think most of you gave it any thought.. aside from how much BTC/FIAT will XYZ shitcoin make me ?

Maybe you all should give some thought to the direction your machine you crated here is traveling ?

People talking/discussing about ways to use Monero that may or may not be illegal (depending upon your jurisdiction) is not exactly promotion.

Just because people find a new way to use something (for "bad" or "good") and talk/discuss it, does not equal promotion. You could say it is an idea whose time has come.

People in dark circles back in the day I'm sure spoke about how cars would be a great way to be used as a getaway when committing a robbery. Just because you didn't hear that conversation doesn't mean it doesn't also align with your definition of "promotion". I'm pretty sure there was inner circles of thieves and drug lords who spoke about this new thing called an "automobile" to their other criminal friends plotting crimes. Was that promotion as well?

If people realizing the use case for SOMETHING, pick anything, and using it for that specific purpose, that isn't promotion.

Your idea that the monero "community" (which no one can pin point) promoted monero as such is pretty flimsy.

Your argument is a strawman argument. Demonizing things that have "promotion" and ignoring all of the other items and inventions in this world that are also used by criminals just because they don't fit your definition of the word "promotion" is ignorant.

As previously mentioned, I do not condone illegal usage of Monero, but people are going to do what they are doing to do with new technology that exists.

Edit: So what you are saying is that if someone says "Hey I think people should start using spoons to create crack/ice" that that would be considered promotion and thus making it a target for people to demonize. These discussions of illegal acts associated with spoons, cars, and briefcases, has happened, you just probably didn't hear them.

Think about what you are saying as your argument is quite flimsy.

HUH? You need cc because you can't convert cash digitally.

You are making the classic mistake of viewing fungibility as binary--some things can be more fungible than others in the economic sense and asking the tptb to create them or for digital cash to be moral is an epic fail on your part as it misses that a cc as fungible as cash is supposed to be  (non-digital of course--absurd i have to make that point, but whatever) it has to be able to be exchanged on any exchange without the exchange blocking it (as was the case with BTCe and the Evolution scammers)--as long as 1 xmr = 1 xmr anywhere, it is as fungible as cash is on the street (barring the use of the view key to link yourself to a crime as would a cash wielding criminal with blood stains on his money--though having to explain that level of stupidity as an edge case is a homage to your level of understanding of what a digital cash should, can, and must do). Good luck, dude--my guess is your portfolio and politics are a mirror of your ignorance of all things crypto.

So should you be demonized because you are using the internet, the same technology that cyber criminals use to carry out their illegal acts?

By the logic being spoken in this thread, that is what it is starting to sound like.

I am not buying it.. that is weak shit guys.
By all means i will try and bow out and let all these other guys respond to you 2 shill's.
Step up people.. do you buy this shit they keep posting here ?

Why are you all silent ?

All i see is really weak defense retorts and projecting etc.
You chant "Cult" and then use misdirection pointing the finger at DASH.
When it is YOU GUYS that have the fucking cult !

Lucky for you guys you can spin bullshit galore.. the crowd here doesn't care.
They care about ROI'z.. not failed ideological views.
..or poorly thought out analogies.  :D

You're missing the point, again.
This thread is not about fungibility, its about criminal intent, the law, the society we all live in.
You're using the term as a smokescreen to distract from the fact, all the time.

Do you understand that?

You understand that the FBI's scrutiny isn't Moneo per se, but all darkmarket activity, BTC, LTC, XMR and whatever coins gain traction in the future? So singling Monero out and implying all Monero transactions are being scrutinized is jumping to a conclusion--and one you should also jump to with clear chains such as LTC and BTC, which are listed in the article, along with XMR.

I was replying to a specific comment made by neither you or sputz, so building off of that is as much off topic as anything, so there's that too. :)

Here's that actual comments by the FBI that the OP is trying to spin into doom and gloom--though I view it as validating Monero's cashlike qualities--fungibility included.

Why did Satoshi leave encryption out of bitcoin ?

Because its entire protocol is based on signatures, a technology that's concerned with authentication - the opposite of "hiding" which is what encryption does.

So shoving a thick layer of encryption on top of all that good work is like entombing a well nurtured garden so it can't be seen, heard or smelled. Then you need to "invent" some other way of supporting monetary authenticity when you already had a perfectly good one and before you know it you have two objectives fighting each other for priority.

Now real world examples are starting to appear of how it all goes wrong and how this is a flawed monetary design in the first place for anything other than an encrypted payment rail for proprietary services or one-time laundering.

https://i.imgur.com/3vyUtAR.png (https://cointelegraph.com/news/what-really-happened-with-jaxxs-failed-monero-integration-attempt-di-iorio)

If you're trying to create nothing more than a gated "cult" economy that's proprietary to those who hold private keys, this is the way to do it. Thing is though, far from protecting people from the likes of the prying FBI you're just making it easy for them because all they have to do is police the gates ;)

https://i.imgur.com/xuo7e7P.png

The news on the severity of the anonymity will send messages to criminal who had not heard it,on how useful it can be to them, to criminals familiar with it, to be careful of using it. The biggest problem any cryptocurrency can have, is be fought by US govt. If it goes beyond this and they find it hard to break the anonymity, there will be problem, but if they can trace it they will trace transaction quietly

To think I almost bought some Monero the other day. I wonder if this is going to hurt the price of Monero?

The price of altcoins is not affected a lot by such news. If anything, Monero could earn notoriety and its price could go up after such news.
Bitcoin has been under scrutiny for long, but it is doing pretty well today.  :)

Monero is not BITCOIN.

Monero is an "Altcoin"  :D

Comedy fucking GOLD right here !

I tried to withdraw Monero from Bitfinex and after 20 hours they cancelled my request. Thinking something went wrong I tried it again and got my account on withdrawal hold a few hours after.

Not sure what's going on but I wouldn't be surprised it has something to do with the FBI thing.

I will update you when/if the support gets back to me. I have $xxxx stuck there (I'm lucky I got 1BTC out of there just hours before the account was put on hold).

Good luck getting your coins, I really hope you get them back. It's often quite nerve-jangling when exchanges behave like you're experiencing... and most of the time not a good sign indeed.

Thanks, I hope so too.

The funny thing is the money I tried to withdraw was the affiliate payout I got from them. I guess they know the origin of their own funds lol.

I agree this is not a good sign because I've been doing these withdrawals for little over 2 years with no issues and suddenly got rekt.

What does it mean "affiliate payout"?
I hope you will get your money and I hope they dont have some troubles again.
If I were you I would open your own thread for this. To warn others if they try to scam you.

Maybe we see the beginning of a worldwide crackdown on money laundering thru crypto, with China leading the way.
Bitfinex is a Hongkong OP? Are they affected by the ruling?

I have a blog about Bitcoin (https://freedomnode.com) and a few of my articles contain a unique affiliate link pointing to Bitfinex. Tons of people registered through it and trade. Of whatever trading fee they pay to Bitfinex I get paid 10% as a commission.

I'm resolving this issue with them right now. I'll create my own thread if necessary. So far I'm not entirely sure they want to steal my money.

They have two companies, one is in HK and the other one in BVI.

No god damn shit Investards.
They are doing what they are told to do ..following AML law.

Cryptsy said they had a procedure of doing that shit.
If they take your ID they all do it.

They can hand off your info to the Fed's then lock your account and lie to you with excuses.
I fucking told you all that endlessly why the fuck are you not listening ?

How do i know ?
BitJohn from Cryptsy told us that exactly here on the forum kidiots.

This is not some little FUD conspiracy trolling you wanna chant on about.

THEN and only then can we go further and discuss rampant corruption.. ON TOP OF ALL THAT !
..such as them fucking with balances for their own profits etc.
Which YES does happen too.

PS:
Coinbase.

Need me to elaborate ?

Their cooperation with the US Fed's got the KickAssTorrents owner thrown in fucking jail !
That is not "FUD" assholes.. that is your "Free market" at work dumb fucks  ::)

..paid your taxes lately ?

GROW THE FUCK UP LITTLE SHITS  ::)

PPS:
Get it FEBO ?
Quit acting like a fucking naive little child.
Of course they "will do it again" duh use your fucking brain and read what i just said.. AGAIN

Jesus you people are gullible little fuck's.

According to the news, Monero is just under the Scrutiny of the FBI because they thought that criminals is doing any transaction using Monero under crypto currencies. This is just under investigation, still has no proof of evidence. This has no difference with bitcoin before when the country banned bitcoin like Russia they accused bitcoin for a crime or criminal case correct me if I'm wrong. But like what others said Monero is just an altcoin not a Bitcoin.

@blackhawkeye1912

Jr. you have balls ?

Head over to Poloniex hand them your ID then start occasionally sending 30 grand worth of Monero to a watched or well known bad person like a drug lord on Alpha Bay or a Terrorist.

Eventually you can come back here and claim there was problems with your account.

Grow up and quit bullshitting childish little idiots.
The writing is on the wall and it has been for years.

The is 0 wiggle room to deny shit and play little games with semantics.
Your "freedom" is long gone Investards.

And YOU let it happen !

..when i did NOT.

---

PS:

http://www.coindesk.com/localbitcoins-users-criminal-charges-florida/

Hmm what is that from 2013 ?
Seems the FBI put hand cuffs on people in a parking lot over a transfer of $30,000 worth of Bitcoin.
Why ?
AML laws.
When ? 4 years ago.
Did you idiots learn anything ? Obviously not or KickAssTorrents would still be up & running.

Don't pretend to be smart at Bitcointalk kidiots.. BE smart !

..grow up Investards

Just a quick update. Bitfinex unlocked my account today without any further explanation (apart from them mistakenly locking up hundreds of accounts). I already withdrew some money and it was processed within 5 minutes.

Nice to hear that! It's good to hear that Bitfinex has solved your issues. I'm staying away from most exchanges these days...

Deliberately locking and unlocking accounts is not exactly inviting and calming, isn't it?

So i posted a lie here ? Like my Monero negative rating i got ?


yeah ?


Where ?

Well there is NOW Monero Ransomware and i wonder who will be sniffing around now ?

Monero is an altcoin like bitcoin is.

Several points to make:

1) I don't believe in public indications of how one can make extra money.  If you know how to do so, for sure you're not going to tell the world, but exploit it for yourself, no ?  If I knew how to make extra monero by an exploit, for sure I would do it, and not tell anyone.  Who is crazy enough to divulgate that ?  Not very credible.

2) A crypto currency is not a store of value.  It is a means to transact value.  Yes, it is a store of value between the moment of obtaining it (selling stuff) and the moment of spending it (buying stuff).  It only matters what happens in between. 

If you think you can long term store value in crypto, you're deluded.

The biggest Drug market already use monero. More and more stores and criminals moving from bitcoin to monero. FBI just preparing....

They probably already cracked Ring CT they are just letting the web thicken before busting everyone

not true. what are you claiming about. the drug market is huge if it were used by drug cartels, monero's prices wouldn't be that low. i even regret putting my money to it. I have lost profit with it until i moved to Dash :D monero keeps claiming throne they know nothing about.

Cracking crypto is not that easy if it is well designed.  Crypto is not "software".  It is mathematics.
Cracking Pythagoras' theorem is still not happening.  (ok, I'm joking somewhat).

Bullshit.

I am a cracker i would know.
It all revolves around computers.
Then as a cracker you look for a weak spot and exploit it.. WHAT does not matter.
For example dumb fucks like to say ohhhhh well you can't crack my algo..
Who gives a shit !
If you can go around the wall then...

And computer crap is proven to be insecure.
Trusting a system is dumb.. none are trust worthy.
History proves this loud & clear.

Where is that next buffer overflow or SQL injection ? No one knows LOL

And easy Dino boy ?
Are you the fucking NSA ?
You should be quiet Dino. hahahhah
We're not talking about some 14 yr old kid in his basement on his own.

We are talking about a country that has unlimited resources.
You SHOULD know that too but you are playing dumb and spewing poor quality Monero defense rhetoric to defend it.
And you can't deny it because i just quoted it.
And i know you will because all you do here is play games galore.

I think the community here sees your a little dreamer with your head in the clouds.
If you want to appeal to these guys you should work on being realistic, practical and.. honest.

Dino.. "easy" ?
Who gives s fucking shit.. all it takes and all that is needed is ONE hack incident.
..like their gambling site LOL

Maybe you should read your dev pony's rhetoric ? ;)

No, you don't.   Nobody ever cracked DES.  Yes, the key length was too short and it ended up being bruteforced.  But nobody ever CRACKED it.  Same for many other cryptographic protocols. 

If I give you the monero block chain, and nothing else, then chances are VERY VERY low that you will find a way to descrable it, if the crypto was correctly implemented. 

That's something entirely different from breaking into a computer system.  We're talking about mathematics here.  If the mathematics are sound, and if they were correctly implemented, which is not too hard to verify, then this is something entirely different than finding a buffer overflow.  You're not looking at a running system, you're looking at an encrypted piece of data.  Most of the time, this cannot be undone.  Of course, it is not unthinkable that the cryptography used has a hole in it, or is erroneously implemented.   The implementation is usually rather easy to check, because, contrary to a computing system with a very complicated state space, the real cryptographic state space is relatively simple to verify.

You'll find rarely an erroneous implementation of AES or of a public key cryptosystem.  These are usually correctly implemented, especially if it is done by someone aware of cryptography.  Once this code has FINISHED its calculation, and you are only left with the output data, "cracking" is of a more difficult nature than penetrating a running system.

Yes, you can maybe enter a running computer that is encrypting a file with AES.  However, once you have the output, and you only have the output, good luck in "cracking" it.  Totally different story.

Honest, in a trustless environment, that would be contradictory, no ?  By definition, in a trustless environment, no entity is to be considered honest.


Nope.  As I said, breaking a cryptographic system is a totally different thing than "hacking into a site".  But most probably you don't even get the notions right.

Everything can and will be compromised, but there are hundreds of cryptocurrencies giving their best shot at anonymity and more are being created every day.  People who want as close to anonymity as they can get will always know that it's very easy to just convert some of their Bitcoin to this new anonymous currency and then leave no trace as to where they actually sent it. 

Maybe to some extent it's a good thing in that it takes authorities' attention away from Bitcoin, which is widely used on the dark web anyway, and instead focuses on what they will always be focusing on anyway.

WOW he STILL does not get it (same with the other Monero fanatics)
I can't eve think of another way to explain what i said earlier.. it's pretty straightforward.
I have told you all endlessly like a broken record and you caw like crows arguing.
Problem is i am always right.
And i ALWAYS get to say i told you so.

If hackers from the FBI etc break the security of Monero it will not matter if the encryption scheme is brute forced or not.
What matters is the RESULT !

It does not matter HOW you break into a bank but whether you get the money out.
For example there has been big Russian banks exploited before where the user PC's were infected.
This ended up being the attack vector for them draw many millions from bank accounts.
Whether they had 50 foot thick steel doors on the vault was irrelevant.

Another example i have posted here lots before is how i cracked AND keygen'd my Firewall i use.
The dev who makes it was getting mouthy with me so i put the cocky fuck in his place.
I told him not only have i keygen'd it in a variety of ways in multiple languages using his encryption algo plus his reversed custom caesar-cipher but i *CAN* if i wish crack his program with 1 byte changed.
Get it ?
He scoffed at me when i proved it and got lippy saying it didn't work.
I forgot that a blank key needed to be in the Windows registry for the activation code which was derived from the primary HDD serial.
So he had no key but anything would have worked.
I screen capped reversing his program with a dissembler then i circled the 1 byte changed and posted it showing all the viewers watching how THEY TOO can now hack his ass.
Then i posted the 3 source code packages to the keygen(s) for all the users and i warned him his attitude would result in further damage.
And it did .. scene crackers were all over him shortly after pre'ing their own keygen's.
And they still are to this day (seen another one the other day)

You are idiots Monero shill's and your hoody merch lies.
And you will get a spanking eventually and what will fluffypony have to say about it ?
I guess the French "Monero Marketing Director and Risto's Employee" will have to model some updated merch LOL
..something like this below, Secure, Private and Untraceable ;)

http://i65.tinypic.com/20qi7id.jpg

Actually.. a better slogan ;)

But the same is true for bitcoin, Spoetnik.  If your naive idea that "cracking a computer" is the same as cracking cryptography would hold any water, then the FBI can already find all the secret keys of all bitcoin addresses out there, and are making transactions in your name.  After all, reversing the algorithm mustn't be that hard, is it ?  And if you don't see that in your wallet, that is because they also cracked the proof of work scheme (just one single cryptographic function to crack, SHA256, not difficult, they crack it or they brute force it, don't they, it is the result that counts) and they are sneaking in regularly a block to reverse their actions so that you aren't even aware.

There.  All crypto is already cracked by the FBI, because Spoetnik is always right, and tells the world that everything is cracked.

Cracking a simple hash function must be peanuts for boys and girls of the FBI, if they can crack much more involved crypto systems, right ?  Why do you even use bitcoin, dude ?  The FBI has all the secret keys since long, and can produce by tomorrow a 10 times longer block list if they want.  Because everything can be cracked if the FBI wants.  Cracking a crypto system is like exploiting a buffer overflow, isn't it ?

In fact, they already have Satoshi's secret keys, derived from the addresses in the block chain, since years.  Sometimes they move these funds, and then, they put back the blocks as they were so that people don't realize.  That's what causes pumps and dumps in the bitcoin price.  Recently, they put back the blocks, that's why the bitcoin price dumped somewhat.  Right ?  Because everything will be cracked and compromised.  Certainly an 8 year old and relatively simple crypto scheme like bitcoin's, right ?

In otherwords, the security of monero hangs on this one thing and cracking this one thing would destroy it. So, exactly the same as bitcoin (and dash) private keys. All it takes is to crack one little thing ONCE and poof there goes bitcoin (and dash) because anyone can spend your coins. Just stay away from all cryptocurencies if this is something you're worried about.

In reality, what's going to happen is that someone is going to go to jail because they were using dash thinking that the coinjoin+masternode snakeoil would protect them. When that hits the headlines dash is going to 0 in a matter of minutes.

That's why every coins that offers absolute anonymous transaction which attracts central authority to investigate it if they sniff something from it such as monero right now, monero leverages identity-obscuring ring signatures to make it unclear which funds have been sent by whom and to whom.
Some coins like this may interesting for people who want to out of radar, remove any trace of their transaction which refers to black market or illegal activities from FBI point of view, so those coins cannot develop/adopted so far such as bitcoin, it will stuck somewhere and drop back if authority begin to trace or ban it.

Others have pointed out that if Monero was compromised that all the transactions could be exposed.
With out going into the tech details it seems very plausible to me.
So that means that 1 single hack incident could be devastating.. giving problems to many.

And so far they have all been truckin' around this forum for years on end claiming their shit is bullet proof.
With computer code that never lasts.. eventually something is going to happen.
When it does they will slide in a disclaimer saying "oh we never made any guarantees"
But they have !

And Dino and the others please spare me the incessant but but but Bitcoin routine.
If your defense for Monero is "Bitcoin can be hacked" your in deep shit  :o  :'(
We're not talking about Bitcoin.. we are talking about the FBI and security and Monero's claims.
So you all want to keep chanting on with diversions fine but you are not convincing anyone smart out there of anything.. you are simply looking like your desperate and causing a diversion.

The reality is i have stated COMMON SENSE.
That can not be refuted but Monero idiots are of course trying anyway.
Even when i quote fluffypony saying what i have about Monero  :D
Which PROVES they knew damn well what i was saying all along but were playing dumb.

Anyway..
I have heard of some crazy tech crap the US govt has pulled to get "their man".
It's not a conspiracy or something.. they really do have immense resources at their disposal.
Playing keep away with them is not a game i would want to play (as Monero shill's / dev's are)

It is what it is.
At the end of the day it will probably be looked at by the US 3 letter agencies.
Question remains will they invest larger resources into it ?
Will they end up being motivated ? Emerging Monero exclusive Ransomware and Dark Market usage is sure going to turn up the heat is my bet.
And AGAIN ..this is common sense i am talking about.

Do what ya all want i don't care.
But place your bets because there is a battle brewing.
And all i am trying to say is from my own life experience i am betting on the US etc not Monero's security system.

---

EDIT:

You know guys it would be nice to have a rational honest blunt conversation with you all with having to put up with contrarians hand waiving and games.
You all know damn well what i am saying but you suck so much of my time & energy playing dumb.
We could have moved on and be talking about more interesting issues already.
Instead we go round & round repeating the same stupid crap ..forever.
For one reason.
Bags !
Bag holders almost always will deny any negative aspect of their bags.
And with Monero that is all we ever get ..deny ..deny ..deny

It was getting a bit boring around here lately what with all the crypto-told-you-sos watching the price of their favorite alt get pumped.
Thanks for the entertainment.

But that is perfect.  In the mean time, they served their purpose, which is the only thing that counts, no ?
There is no other use for crypto in any case.

Coins don't have to last for ever, or climb to the moon.  They have to do the thing they were designed for, during their life time.  Like any other product.

And if bitcoin was compromised all your coins can be spent by anyone. Same level of difficulty. Only has to happen once and *all* bitcoins can be spent. Game over.

You're a dash fanboy trashing monero, and that's all there is to it. None of your 'technical explanations' make a shred of sense.

More important than privacy is fungability. Not all bitcoins are worth the same amount, some are worth more than others in certain situations. This is a huge problem for mass adoption because (as one example) you don't know if the bitcoins you are receiving have previously been used in an illegal transaction and could be confiscated. This is not a problem for Monero.

My twin brother works for the FBI. I will ask him whether they are more interested in darkcoin/dash or monero.  I suspect it will be darkcoin, seeing as they have tried to hide what they are doing by rebranding

I heard the news that MONERO is full security and anonymous is lying? Whereas technology monero is the most excellent among all cryptocurrency. If FBI can watch monero, surely bitcoin easier controlled and not secure.

Ok junior... thanks for the "Bitcoin is bad too" retort.
And this topic is not on Dash is it ?
I linked to a topic i created here before where i titled it "Anon coins will never work"
Note the title was NOT ..Monero will fail but Dash will succeed

Oh and i never did post "technical explanations"
Scroll up and read what i said..


Your comment was dumb.. maybe that was the intention ?

I think this is not weird, I'm sure even if we say that the cryptocurrency transaction is anonymous, but the FBI had unrestricted access so that the things we think is safe but in full the monitor by the FBI.

Ever heard of Windows Update ?
Now with Monero if there is ONE single hack you are potentially compromised.
Being a Dark Market user could mean jail time.
Let that sink in..

Don't bother telling me that these guys invented the first code base that is permanently bullet proof secure  ::)
Oh wait.. did some guy post exploits here before ? hmm ? BCX ? No i meant the other one. LOL

What makes you think that ?  And why do you think that "one single hack" will destroy monero's cryptography, but "one single hack" will not destroy bitcoin's signature cryptography ?

You are still confusing "hacking a computer" and "breaking a cryptographic system".

Bitcoin's wallets are secure, because elliptic curve cryptography isn't broken, and the correct calculations are done in bitcoin software.  There can be buffer overflows all you want in core software, if the calculations are done correctly, nobody can "crack" the elliptic signature scheme without breaking the cryptography.

If I have a piece of crappy software, that multiplies two big prime numbers correctly, and writes out the result on a file, no matter how buggy and vulnerable my piece of software is, if you have this file, you can try to do what you want, you won't be able to find the two prime numbers.  Because that's cryptography, not software.  The software simply needed to do the calculation.  Once the calculation is correctly done, there's nothing you can "crack".  With the result of the computation, you'll never find the two prime numbers.  If I have a file with those two prime numbers, I have the secret key, and you don't.

Monero is similar.  The block chain is the result of a cryptographic calculation done by monero's software, that can be buggy and vulnerable as hell.  But once the calculation is done, and you only have that result, the only way to "crack" it, is to break the mathematical principles of its calculation ; not "finding a buffer overflow in monero wallets".
As long as you cannot break the mathematics, the system is secure, even with buggy software, as long as the computations were done correctly.

The day that you will understand the difference between breaking a correctly calculated cryptographic result and cracking a running computer, you may also appreciate what crypto is about.  Until then, you have a complete misunderstanding about what crypto is.

But why would FBI target monero when all the money goes to BTC still. Monero is nothing but s small peony. It does have some value but in anyway, monero will still be converted to BTC before they can cash it out. It has to be BTC that they need to crack. It took them forever still that even today they haven't done any thing yet.  They should forget about xmr for now, they can target monero later when it hit $1000/XMR for that will make their hacker richer than ever.

ž


Because is not.
Is just cheap FUD from DASHtards Spetnik and Quizzie. They do this for 3 years. Playing idiot from them and us.

I agree on what you have said that these are just FUDs and i strongly believe on that and speaking on the case if they cant crack Monero then theres no way they can crack on bitcoin too and as being mentioned they better focus into Bitcoin since XMR mainly exchanges directly to bitcoin before it can be cashed out.

While that is true, I'd like to remind everyone that Monero itself is legal and shouldn't get you into any trouble. Darknet markets, however, are another story and should be avoided.

if i could get a dash everytime someone misspelled my name, i would have a lot more masternodes ::)

WOW what a train load of retarded bullshit from hell.
I have addressed every one of you little comeback retorts a million times.

I swear Monero is for Morons.

PS:


What does that mean mouthy blow-hard Morono shill's ?
Oh it's "FUD" ?
Hmm WOW seems fluffypony FUD's his own coin.. who knew ? LOL  :D

Fucking up ? NO not the Monero idiots LOL

- Monero Economy Workgroup - The MEW Thread (https://bitcointalk.org/index.php?topic=776479.msg12619507#msg12619507)

- [NEWS] Monero David Latapie French Police Fraud [updated] (https://bitcointalk.org/index.php?topic=1272304.0)

- Monero dice seed hacked? (https://bitcointalk.org/index.php?topic=1652362.msg16602463#msg16602463)

What do those 3 incidents of drama have in common ?

SOOOOOORRY

PPS:

How the fuck can Monero be "legal" if it violates AML laws ?
I swear this gay shitcoin attracts the dumbest little chucklefuck's on the web.  ::)

@Dino
AGAIN you fail miserably.
Go reread what i was saying here earlier (and all over this forum for years about Monero security)
Your reading comprehension skills are fucking horrendous.

If my inner lawyer is correct, Monero (and all other cryptocurrencies) are "assets" not "money" and thus exempt from laws regarding online money and banks.

Spoetnik, are you really a Dashtard though?  Seriously??

Hey dumb fucks ? See me talking up Dash ?
No ? So why the fuck am i accused of shilling for it then ?
ooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo oooooooooooooooooooooooooooooooooooooooooooooooh i get it ...

because i criticized Monero ....ahhhhhhhhhhhhhh now i see.

Yup you fuckheads are simply BRILLIANT little geniuses.
Oh and unlike the rest of you scrounging greedy little back stabbing two faced manipulative whiny little weazle profiteer rats...
I HAVE ONE FUCKING ACCOUNT.
Translation: i have far more cred here than you EVER will.

And my inner lawyer says your god damn full of shit Nathan.
"asset" my god damn ass.
Spare me the "penny stocks" retort faggotry.


You fuckers go from "coin" to penny stock pretty quick when it suits you huh ?

REALITY:
You are bullshiting pieces of shit spinning digital coin'z for profits.
You all just waffle around playing verbal gymnastics endlessly defending bad.
Bad is bad.
A hypocrite shit talker is a hypocrite shit talker.
A crime is a crime.
A lying sack of shit bitch bag holder is a lying sack of shit bag holder.
..in a pyramid scheme  ::)

Hey i am gonna make my own coin probably do 50% ICO and take my cut cause that's ok right ?
Then i will make it ANON so it deliberately violates ANTI MONEY LAUNDERING LAWS
then i will say.. it's legal.
So it will be true then.
Then......


PROFIT

PS:
Dash is so great liek holy shit omg bbq dash dahs dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash dash

I only asked because I have never seen you come out and say you do not hold dash, even though there were countless people saying you probably do (not just because you criticized monero).  Even though there is plenty to criticize dash with, I haven't seen anything from you...

they cant crack BTC and even more Monero.

Thousand of stolen Documents expose how FBI, CIA and NSA working, what they able to do and where they fail....

How many bloody times do i have to tell you idiots here it's doesn't matter ?
What part of it don't you get ?

What matters is the RESULT ..not the method.

If you do not understand that ..then you do not understand security.
And you should probably refrain from handing out security advice on the internet to people.

You know you all will have perfect memory if there was a trade secret to be had.
As soon as it comes to defending some shitcoin you get amnesia and have to be told over & over.

You don't grasp that the ease of hacking a target is irrelevant.
Monero does not need to be hacked a LOT on regular basis.. just once !

PS:
OMG DASH IS SOOO GREAT OMG OMG OH MY GOD BUY DASH !!!!!!1111ONE

Reality applies to ALL coins equally people.

"Hacking a cryptosystem" is not the same as "hacking a computer".  I don't know what you imagine by "hacking monero once" ; but if you apply whatever you imagine to bitcoin, then all of bitcoin's secrets keys are compromised too.  Because "you have to hack bitcoin only once". 

Not only Bitcoin. Basically say goodbye to the entire Internet if any number of cryptographic functions are "hacked only once".

Say goodbye to the entire planet if someone works out how to make the sun explode. It only has to happen once!

Spoetnik has been on a mad nonsensical rant about Monero for, what, 3 years now? It's getting a bit old and boring.

It is better to stay away from darknet coins because they only can make you problems because they are dark what means for dark market and you are suspicious then only if you use that coin.

He's a paid fudder, the darktard dashtards have been paying Spoetnik to attack Monero. it's pretty much his only source of income besides the government assistance cheques

You know nothing Jon Snow

Don't forget his side job of being the guy behind the gloryhole.

Monero is no more legal than DM markets.
They exist in a grey areas of no law ..created yet.
Pretty much all of crypto is like that.

The fringe activities that encroach on existing laws is the problem.
Hence why Ripple had their ass torn wide way back by FiNCEN.

Guys have not been arrested for participating in a dark market.
They have been popped by shipping Fentanyl to users through snail mail after conducting sales on there etc etc..

As usual this place is a tornado of lies and bullshit.. all to spit shine your shitcoin bags.
Oh and since this topic it was revealed that Monero is not 100% secure.

I TOLD YOU SO.

noone ever said monero was 100% secure. But anyway, here's a rebuttal to that paper:

https://getmonero.org/2017/04/19/an-unofficial-response-to-an-empirical-analysis-of-linkability.html

best regards,

Typical article try to make private people look like crooks and "nefarious" and into kiddie porn.

LOL i have seen you shill's say that on & off a few times.. but it's another LIE.
You guys have been saying it or at least implying or inferring it heavily since day one.
And tell me what good is a bloody ANON Altcoin that the dev later admits is only 80% secure'ish ?

Gimme bloody break Investards.  ::)

I see the same retorts posted over & over for years.
Come up with new material kidiots.. you bore me.

Monero is one of the very few crypto currencies that are actually able to be used for the only currency niche of crypto: "where fiat cannot go".  Of course, that's essentially illegal, or non-legal, otherwise, there's a better fiat alternative available.

Now, if you want to do illegal or non-legal things, then you better use a tool that gives you SOME protection, and doesn't give you away right away and openly.  This is why transparent crypto like bitcoin is a joke as a currency, even though most people using crypto for its niche application, dark markets, are still stupid enough to use bitcoin.  One day, they will severely regret.

But of course, when you do illegal things, there's always a danger, and no tool is perfect.  But it is still better to use a tool with *some* protection, than with no protection at all, I would think.  It's not because you carry a gun and hand gloves when you go murdering, that you have the guarantee you will win against law enforcement, but at least, you have *something*.  As this is the only kind of stuff where crypto can be used sensibly as a currency, I would say that monero is doing well.

That said, "currency usage" is most of the time not what crypto is about.  Crypto is about playing greater fool games and about playing something that banks were/are playing with when they gamble on complex derivatives: purely speculative assets.  It is 90% or 99% of the usage of crypto.  Its currency aspect is essentially almost negligible. 

And you are perfectly right that for speculating and gambling, you don't need anon tech.  You don't even need a working block chain, but it helps in drawing idiots in.  As we can see with bitcoin whose block chain isn't really working well any more, that doesn't matter much.

Even more stupid thing is to stay in jurisdiction that is banning you from doing things you want to do. Changing jurisdiction solves most of such problems. Problem is biggest countries are also often biggest oppressors of invidual freedom but as long as world is divided, isn't one global country people always can vote with their feet.

Still human ability to think,  solve problems and find someone else's solutions is great. Just most of ppl aren't looking... 


Derivatives might implode. Bitcoin doesn't. It's just still more like a stock or commodity than currency. But new cyrptocurrencies are going to change this. Ethereum added wholly new quality (while lacking some fundamental advantages of bitcoin). New players are comming to transform the way we look at bitcoin. Monero for now wins in it's category but you seem to not see that there are many not used yet categories (HEAT microtransactions, Veritas in decetralised finance, stocks etc). So your 90% will be decreasing in time with new utilities of bitcoin tech.