Bitcoin Forum

Big sells today, whatever will happen?

one could only hope so.. getting REALLY tired of these guys :/

It's just a bear market. Not the death of monero. A great opportunity to buy lots of cheap coins.

Monero is a $hitcoin of Cryptonote and Cryptonote itself never did well.  It seems like Monero was just a pump and dump by Rpietila, who recently re-entered a psychotic episode and thinks he is a king of some Medieval realm.

http://youtu.be/QANHxv2HTgg?t=10s

Rpietila has a long history on the internet.  Allegations are years ago he was posting all sorts of crazy videos on YouTube, it's overwhelming.

Officially dead? Did the devs stop working on it? NOP

So the answer is No, it hasn't even started yet

By your stupid fucking logic if any coin loses value then its dead. Seriously, is that your only reason why you think Monero is dead? Either you're a fucking idiot or  you're being a malicious destructive dickhead who likes to have internet fights between cryptocurrencies on forums and try to destroy cryptocurrencies.

Monero deaded  :'(  :'(

Rpietila may had spent all your  Monero-Dineros  :'(  :'(

Where to start..


Monero has the largest and most competent dev team out of all of the cryptonote coins


What does this even mean? In works, its useful, people use it, so it did well... If you mean it didn't make you any money and now your butthurt then you're pathetic


Was implies its all over now, which it isn't. The Monero bubble is long in the past, so the idea of pump and dump is irrelevant. The fact that Monero isn't a pump and dump might be the reason why not enough people are buying.

Evidence on any of what you said? No real big supporter of what exactly? The fact that you probably see Monero as competition means any of what you say about Monero is incredibly biased and unreliable. So why waste your time here?

Retarded thread full of retarded people  :D

I completely destroyed everyone's arguments against Monero, job done. Now if anyone has a real argument please let me know, I'm willing to tell you why you are wrong and why you are a terrible human being.

LMAO

If there were "big sells," then  why is the 1.5 mBTC wall on poloniex no smaller than yesterday.  ::)

1.5mBTC wall  ;D

He meant the price, but i bet you didn't understand it.

You could say the same about bitcoin, but anyone that knows how to make profit knows gains will be made next year by this time.

You're right, the charts don't lie! I feel something changing, slowly. But I'm not about to let out any exuberance yet, because I'm still (re)accumulating.  8)

Monero's main contribution to Crypto was to revive and burnish the BCX Legend.

Otherwise, no Dev Team has ever promised so much and delivered so little...
These clowns could not produce a production GUI and database in 9 months...
(And can't even be bothered to maintain current bootstrap files)...
So based on that track record betting on Monero to win the anon coin stakes is crazy.

In fact, Monero won't even win the CryptoNote race...
When SuperNET with BTCD (telepods) go live next month BBR will be integrated.

As Peter Todd pointed out about Monero...
You don't build on an "atrocious" code base...
Because it will never be stable, meaning ............................................................................... ........... never...
You scrap the spaghetti code and re-write from scratch, baby, we've all made that decision.

Whatever happened to your monero-killing exploit?

Also why did you run away from the discussion of it back in October?

Lol

 ;D

of course, in your crackhead.


Database: https://github.com/tewinget/bitmonero/commits/blockchain
Easy GUI: Mymonero.com



Oh surprise an NXT shill..
We already heard that from Windjc - oh wait why did that guy leave BBR.


"Peter Todd ‏@petertoddbtc Sep 4
@NINK It'll be fine in the long run. #Bitcoin's had similar problems in the past after all, e.g. the "make Bitcoins out of thin air" bug."

And thats what he really said but you guys are like that BCX scambug pretty good when it comes to lying.

lol. Othe, you always so mad in your posts. Its much better to be articulate than being hostile. Relax man.

That being said, his posts are always 99% correct.

Still bullish on Monero.

Not a lot of teams can build their own forum software from scratch and the MyMonero webwallet is a well-built implementation that already foreshadows more projects to come, namely a mobile wallet and as well as the SPV wallet. (If you read the Privacy Policy and other pieces of information on the MyMonero site, it makes references to information collected from using services on mobile devices, etc)

No you were even full of shit about the Auroracoin exploit.


Excuses excuses excuses...


Yes, i can quote yourself i guess?



surprise.

Every coin, including Bitcoin is a pump and dump. Try to get the trends and go with it.

Still waiting for the fabled BCX attack.

Monero (XMR) price now:
0.00149086 BTC/XMR

Chart looking as well as all the other altcoins that are listed on crypto exchanges...

Yeah that's what they all say. There's no exit wall coming to your "cheap coins"  :)

LOL you conveniently left at the time of YOUR OWN 22 day deadline in October. lol In fact you left the forums entirely not logging into your account for at least a few weeks nor posting for a few weeks.

Just because you were supposedly "right" about aurora coin doesn't mean anything as you also called an attack on Litecoin which you yourself failed to manifest then ran away from when you could not and did not deliver your promised attack.

This is just like you did when you promised your 22-day prep monero-killing exploit you were going to unleash on all of us then conveniently ran away from the discussion when your deadline you set came and went and nothing but hot air remained after you left.

Please save us all of your bullshit. Thanks  ;D ;D ;D

What I expect you to do is not address any of what I said above and just deflect and avoid the obvious fail you have demonstrated to all of us watching. Typical BCX style.  ::)

Lol too much emotion?

Aren't we presumptuous?

Nice deflection attempt. As usual keep denying your inability to actually kill monero with your so called "exploit".

Thank you for the laughs though!!

 ;D

Its the death of monero lol , its just a diffucult time lol like Btc got few years ago
To my mind its a good  moment to buy lots of cheap coins .
Menero is a interesing rypto  btw !

Definately isn't dead, wish I had more fiat/BTC to buy more :(

Dont worry, this is just the crack of the whip. We're shaking out all the immature players and weak hands. Monero will be more mature for this.

It's not dead I guess. Monero has been overvalued for a long time. As it has negligible real world economy, it's value is determined almost solely by speculators and enthusiasts. Quite natural to see it's value falling.

Correction: the price may have fallen but the value has not.

There is nothing really which stands out for Monero. There are a lot of loudmouths but that doesn't equal long term success.

I doubt anybody here cares about that. It will keep getting pumped and dumped so the whales will remain happy.

Yes there is, the only legit anonymous coin and the only legit iteration of ring signature tech coupled with a solid ass development team.

Price crash doesn't mean the coin is over.

is bitcoin over??? it dropped 75%!!!

You guys are fools. You all have weak little baby hands and no money to buy cheap coins.

Monero's legitimacy will face a crisis. Either:

1) Monero's block reward is changed by the community, resulting in a retroactive fastmine. (People mining in the first 6 months got more coins.)
or
2) Monero becomes 80% mined in 3.5 years from now. (Latecomers will look at it as unfair.)

Do you mean latecoming investors? Do you think investors are the end goal? Monero is intended to be a currency... you know, for trade. It's not a mutual fund.

A common (and yet undemonstrated) assumption in this community is the idea that a property's "investment potential" will have anything to do with it's mainstream adoption as an exchange medium.

By the way, Google's IPO was 10 years ago. Has that stopped anyone from using it's products and services?

ahahaha - google isn't a currency you clown.

lol - theres a diff between currency and business.  there's room for hundreds of millions of businesses.  there's room for as many currencies as there are armies.

Bitcoin demonstrates that the coin with the most liquidity has 99.9% of real world adoption. Investors provide most of bitcoin's liquidity. Therefore, a coin must be attractive to investors to succeed.

Bitcoin has approximately no real world adoption, so it hasn't demonstrated anything yet.

Monero has gone out of it's way to screw investors. A revolutionary standard for arrogance.

(1)  No GUI wallet.

(2)  More lost coins than you can imagine due to (1) and exchange ID requirement.

(3)  Devs constantly talk down price by saying it's irrelevant.

(4)  Clown shows like reptilia back on the street shilling for his One and Only True Love.

Enough. Fuck this shit.

Or is it only because of

5) Assholes like you and windjc talking shit about it the whole day? Lies lies lies for whatever reason.

*Sigh* I do agree that rptelia mansion dude is .... irritating.

however.  the coin release curve is pretty much guaranteeing that this isn't gonna make any early adopters rich.  in fact - it's making early adopters poor in favor of mid adopters LOL!

so misguided is possible but scammy?  not really.

the db development is real.  the webwallet is real.  the new buggy codebase is real.

it will be worked out in time possibly.

why don't you invest in XC?   ;D  lots of cheap coins  :D

Indeed it's funny how you call me a clown and agree with me in the same sentence :)

Bcx killed this coin in an innovative way.. Lol he didnt even break the protocol but i did predict 6 month bear for monero when it happened.. Thismarket has too much supply.. Thats all it takes to kill a coin med term

Not sure bout that anyways network effect thru word ofmouth is far stronger than anything else right now.. Joe blow has no reason to choose monero over bitcoin thus he doesnt..

Bitcoin demonstrates nothing. It has no real world adoption as a currency. If anything, it goes to show that an investment vehicle will always be treated as such and will never magically switch to serve another purpose.

Replace investors with short term speculators and I may actually agree. An investor as opposed to a short term speculator purchasing XMR at 0.01 XBT a few months back, who holds for a few years, could easily end up in the same position as an investor purchasing XBT in June 2011 at 30 USD, who also held for a few years.  

My take is the approach taken by the devs of focusing on the long term and fundamentals, makes XMR very attractive to investors, but equally very dangerous to short term speculators.

Latecomers are, well .......... coming to late!
Was same with Bitcoins. Get in early, I say.

(Don't have to sink a fortune into this, like today's Whales did on Bitcoin. Just get some for later. You will not regret.)

.."in fact I only see Bitcoin and Monero."...

that can be seen as a very narrow minded point of view

Looks cheapr with good reputation. I'm in!

It isn't "the same" because the timetable is compressed significantly. Bitcoin mining didn't reduce at all for nearly 4 years, and won't reduce again until almost 8 years. Even at that point bitcoin will be only 75% mined. After 8 years Monero will be 95% mined or something. (I don't know the exact numbers off the top of my head.)

On the other hand, the point has been made that bitcoin has blazed the trail and a coin offering enough of a different approach to have value but enough similarity to bitcoin can ride on bitcoin's coattails, gaining adoption much faster (bitcoin had absolutely zero adoption for around 2 years and still doesn't really have that much after 6).

It remains to be seen if this coattails theory works out and I would personally prefer that the mining be slower. (I've recently proposed that we start a gradual process of slowing it down; done that way I don't really see a "retroactive instamine" because there is still plenty of time for anyone who wants to mine or buy from miners to do so before and during the slow transition.)

What makes it legit? You holding a lot of this doesn't count.

There are lots of decent anonymous coins. Outside this tech, TITAN has been running without any hitch so far.

Answered by othe five months ago:

https://bitcointalk.org/index.php?topic=707233.msg8007348#msg8007348

Answered incorrectly, you mean.

I don't mind Monero. It was somewhat interesting over the BCX drama but as usual he has done nothing.

I will continue to hold my Monero. Who gives a fuck what you trolls think or say? It has put money in my pocket before, so I bet it does it again

Please describe how Monero has put money in your pocket.

Worst coin since WC  :P
Probably the last alt-coin I'll ever buy too.  I hope the people shilling for it made out ok, because this sucker is tapped out.

I do agree 100% that the shilling was over the top and left a bad taste in people's mouth.

That said - this is STILL the most interesting coin that currently exists I think and isn't an outright scam.  And has honest talent behind it.

that last sentence took me awhile to come to the conclusion of.  But you can look a long time in this hive of villany and not find it.

There was nothing incorrect about his answer. Stealth addresses don't by themselves provide useful privacy because everything is still traceable. To remove traceability from the blockchain you need more.

I have used Bitshares. I created an account, got it registered and use it. Explain to me how you can track it.

If you send me coins (or vice versa) then I can see where they came from. I can in turn trace those transactions to find other connections. If I am a powerful adversary and I have a large database, I can make many of these connections and infer a lot about where the coins are moving.

Stealth addresses do not inhibit tracing at all. You should really read the cryptonote white paper -- it does a fairly good job of explaining the difference between unlinkability (stealth addresses) and intraceability (mixing) and why both are needed to provide effective privacy (blockchain analysis resistance).

EDIT: see https://bitsharestalk.org/index.php?topic=7374.0

I think most, pbb >90% (estimation) of the people who bought into this one are in the red. The 'shills' as you call them as well. Most of the guys who were actively advocating xmr seem to be still around. (the prominent ones at least, newbie accounts shouldn't really count). They aren't as loud as they used to be because there's not much to cheer about from a speculative viewpoint.  I know this doesn't help you financially, but should give you less of grudge, u weren't suckered in or anything.

The obvious sockpuppets (reversed trolls) like moneroman did indeed dissapear. Those guys were just part of a temporary coordinated attack to take some wind out of the sails, which they succesfully did. This actually validates this project in a way, why would they put all this time/effort/money is something they do not fear?

Fundamentals of this coin didn't change to the negative iyam. In fact there's a webwallet now and some other cool feat's coming up (database, gui). Codebased is getting brushed up, dev-team showed a couple of times what they're worth,etc. Also one of the premises for me to buy this coin was the anonymity. That's still the one to beat. Heck, even core btc dev's are seeing potential in this tech. More and more people are realising btc is not the optimal e-cash, just the biggest and most famous (and thus worthy) one. They will go look for another option. I think at this right moment most people will turn to dark, since they're ahead of us feature and marketing wise. From a technical viewpoint monero is superior tho. This isn't the usual betamax vs VHS, or HD vs bluray battle.  We're talking currency, and in currency the good money will drive out the bad. In this particular niche the coin with the best technology will win eventually.

The real battle is still ahead. I think in 2015, once this product is more solid, there will be more marketing, more use(rs), more liquidity etc. And thus resulting in a higher price. So yeah, i'm in the red big time, as are a lot of us, but haven't lost my faith (to the contrary).

Well said Bassica. I only discovered Monero in early June, after looking at BTC and DRK. I have been consistently buying XMR since, and increased my holdings in June, July, September, October, November and December (small sale in August, bought back quickly in September). 2015 will be XMR's big year IMHO.

Its really a no brainer. Xmr just has to maintain itself until Btc blows up again. Once the speculative money flows into crypto again, investors are going to look at the space and see what else is available for value, as long as xmr keeps showing a steady record, it will be it.

To me it looks like the emission curve is the biggest thing working against an XMR price increase (or sideways move).

It fine for now. The price being sideways will be good for the mid/longterm future.

The emission curve is preventing sideways movement from what I can tell.

 
 :D :D :D sure

It isn't about the high inflation, it is more about the lack of new users (adoption) currently. XMR hit a price of 0.01 twice and inflation was a lot higher then. I personally think that many potential investors are waiting for an official GUI (with Database) before investing a considerable amount, many of them also expected this release a lot earlier. With this in mind, there is a lack of buying which is fueling the current downtrend. I personally think we will see a bulltrend again if the core functions are released.

You have your cause and effect confused here. This was not a coordinated attack on Monero at all. It was a reaction to all the useless threads spamming up BCT-Alt, cordinated trolling in nearly every thread unrelated to Monero and the intransigence of the Monero devs either encouraging this (Smooth) or denying it (Fluffypony).

It's much better now. Even Smooth (despite still jumping into other CTN coin threads) seems to have mellowed. However there still appears to be, either a bot or some saddo XMR shills, who immediately bump a random 'official XMR' thread with an inane one liner the second a 'competitor' CTN coin thread appears on the front page.

Monero needs a functional gui wallet. Why it still has not gotten one is a big question.

dartcoin, theres a web/mobile wallet (mymonero)?
Why not use that, for us it was more important to have a lightweight wallet as everyone can use it.

MoNero and NxT connection?   ???

Still has a high market cap : P

Monero is an outdated coin now. If it had a nice gui wallet when it was released; it could've been "largely accepted" and now it's price would have been much more higher

I don't think it's price will rebounce.

Sorry guyz, it's a long dead coin now...