You guys need to read Peter Todds trust setup synopsis.
I did read that, it was pretty cool with all the pcutures of the burned ram and stuff, but to be honest no matter how many of those cerenomies are performed, I would never trust a coin that needs for the developers to do all that fancy stuff when there are other coins that don't need you to trust on that. I will wait to see how ZCash classic does and maye I buy some just in case it pumps heavy on Poloniex, but its already 0.005 and right now ZEC is 0.15 or something. What I took from that is that even after all he did he doesn't think his portion was safe so how could all the others be.
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I added this while you were posting. If you really wanted to help liquidity you wold put those coins on other exchanges and set up some trading bots. While I encourage that as well, especially putting some coins up for sale at bitsquare the decentralized exchange, I don't think there's really any kind of liqudity that is better than the other. They serve different functions, and both are important. In fact, a shorter HAS to buy back, a seller doesn't have to buy back. With a short you are thus guaranteed the liquidity both ways. I think bitsquare needs to change it's name, it's to easily confused with bifinex. To get on something like Kraken or Coinbase we need a more diversified trading eco sytem then just polo and the droppings on Bittrex. If I had the bankroll I'd be doing that, as I think that will help this coin grow much faster than a GUI or aNY OF THE OTHER additions on the roadmap sans mutlisig. Damn laptop, always hitting caps lock instead of "a". ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Not to mention anyone interested in increasing the worth of their coins should be doing everything they can to get on Large USD conversion exchanges rather than making peanuts lending that help suppress the price. I mean really how long do you whales need to accumulate, how rich do you have to get before you consider enough is enough and open this project up. We are not idiots here and sometimes it seems the whales treat us as such because we are not in their category.
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...
what usecase u talking about?...
Bitsend uses it's own coin to move funds on a blockchain correct? Ergo if another coin is going to send funds with bitsend then they first have to be converted to bitsend coin, correct? ... now when u utilize a coin balance in a way that need value conversion then this conversion will be done by the noblepay plattform example u want to pay a € bill with bitsend via SEPA transaction then noblepay will calculate how much bitsend needed for that amount of € reduce ur bitsend balance and create the € SEPA transaction towards the target bank account... This is exactly what I said and asked so I have no clue why your saying it doesn't work that way. u asked how a NXT asset get send over bitsend chain and i said it dont....... How does a nxt asset get sent through the bitsend chain? does it get sold and converted first?
anyway if u understand it now everything is fine How does a nxt asset get sent through the bitsend chain? does it get sold and converted first?
Thanks for the answers. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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.. I can't get butthurt I have nothing but dust. I'm pissed that those loans protect shorters and hurt the ecosystem.
please explain how they hurt the ecosystem in your view ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) a healthy lending market does nothing but support the ecosystem, since it enables a variety if financial strategies and tools (e.g. hedging) for all market participants. you seem confused really. protecting shorters? we make shorting possible in the first place. if they get rekt by doing so is not my decision. +1 There's this common misconception about people selling (or worse: shorting) that they are hurting the coin. You'll notice that people who are bearish tend to get more hate directed towards them. It makes perfect sense, because if you hold and the price is going down it hurts. And who's causing the price to go down? Well obviously sellers/shorters. Shorters becomes an enemy to blame for ones own losses, an outlet for all the frustration that builds up during a long drawn out and bloody beartrend. While it's easy to fall victim to this sort of thinking I believe this view is narrow minded and here's why: Without opposing forces the price may go higher, but it will be on low volume and the crashes will be much deeper. In a sense the price becomes more artificial the less volume is involved and the less liquidity is available. Sellers/shorters provide a very important function in the market, that is: liquidity which prevents the price from going too high, and also liqudity that prevents the price from going too low (shorters must close their short, traders who sell buy back). These opposing forces work beautifully to stabilize a market and avoid even higher and lower spikes that we would have had without them. The more opposing forces in a market the more stable it becomes. Stability is GOOD for the coin, not bad. Can we think of any example where there are no sellers and shorters? Yes. Zcash. There was almost zero supply as it launched and no way to properly short, and the consequence of that was a launching price that went beyond 2 million USD. The ATH has been set and we'll never see prices even remotely close. If there had been sufficient amount of sellers or shorters, this would not have happened, the price would have reflected reality better. I don't think it's heatlhy for any coin to have such raises like we've seen in zcash. And as we've just witnessed, without sellers/shorters, that's what you're gonna get. I added this while you were posting. If you really wanted to help liquidity you wold put those coins on other exchanges and set up some trading bots.
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.. I can't get butthurt I have nothing but dust. I'm pissed that those loans protect shorters and hurt the ecosystem.
please explain how they hurt the ecosystem in your view ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) a healthy lending market does nothing but support the ecosystem, since it enables a variety if financial strategies and tools (e.g. hedging) for all market participants. you seem confused really. protecting shorters? we make shorting possible in the first place. if they get rekt by doing so is not my decision. It can be used to dump which shakes confidence and weak hands follow that trend, it hurts the coin. Most people don't check to see whats being lent when they are watching a dump and panicking. I understand your only motive is profit so whatever. If you really wanted to help liquidity you wold put those coins on other exchanges and set up some trading bots.
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what usecase u talking about?...
Bitsend uses it's own coin to move funds on a blockchain correct? Ergo if another coin is going to send funds with bitsend then they first have to be converted to bitsend coin, correct? ... now when u utilize a coin balance in a way that need value conversion then this conversion will be done by the noblepay plattform example u want to pay a € bill with bitsend via SEPA transaction then noblepay will calculate how much bitsend needed for that amount of € reduce ur bitsend balance and create the € SEPA transaction towards the target bank account... This is exactly what I said and asked so I have no clue why your saying it doesn't work that way.
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You guys need to read Peter Todds trust setup synopsis.
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If we get 100 USD XMR we would be looking at a fundamentally very different situation from now since that would place the market capitalization of Monero at over 1.3 Billion USD with Monero in second place behind Bitcoin. That means for example the major Bitcoin / fiat exchanges, Bitcoin payment processors etc will no longer be able to ignore Monero.
I must admit, I cannot see why other exchanges, given the volume Monero has in BTC on Polo, have not already listed Monero. Is being 'truly private money' actually an issue for exchanges, or just the GUI - surely they would want the business? At some point they must take it on - but do we really have to wait until over a billion USD market cap for it to be a no-brainer? The best reasons that I've heard is. 1) Its difficult to integrate. Jaxx (a wallet / exchange service) has apparently put like 80% of its effort into integrating Monero over the past month or something, and its still pending. 2) Even after integration, its hard to pull the volume from the main exchange. Case in point, bittrex lists monero, and a new one ( https://tuxexchange.com/) even had a free monero giveaway to attract users. So after all the effort of integration, there's no guarantee that your exchange will reap the same rewards as Poloniex. So I think it does have to be a much larger market cap, perhaps. I would postulate that there is low liquidity on those that have added it therefore other exchanges are not incentivized. 0.0449% 3623.63513249 2-3 Days 0.0450% 0.83741892 2 Days 0.0450% 16651.64981782 2-10 Days I hope whoever this is gets their account hacked. becasue you are not happy with the rate or what exactly is it that makes you feel anger regarding the liquidity providers ? (besides apparent buthurt) its probably mine so i take your talk personal. are the bad bad shorters going to dump it ? ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) I can't get butthurt I have nothing but dust. I'm pissed that those loans protect shorters and hurt the ecosystem.
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Lol, I had completely missed that! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) 0.0449% 3623.63513249 2-3 Days 0.0450% 0.83741892 2 Days 0.0450% 16651.64981782 2-10 Days I hope whoever this is gets their account hacked. Thank for this. Still Bullish. BTW, I pointed this out months ago. Their information is very out of date. The current state of the art in both bandwidth and power consumption is to stack memory dies directly on top of logic dies and interconnect them with microscopic thru-silicon vias: EDIT: What a great read! Todd you impress son. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Just the right aMOUNT OF PARANIOA. Damn caps lock. Thermite would have been a sweet ending to the node. https://youtu.be/AckDlVGbB5s?t=174
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what usecase u talking about?...
Bitsend uses it's own coin to move funds on a blockchain correct? Ergo if another coin is going to send funds with bitsend then they first have to be converted to bitsend coin, correct?
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Polo buy side up to 4000 BTC and sell side is sub 300K XMR....
Unusual. It looks bullish, but volume dropping and it doesn't look like a solid breakout. Yet.
TA freaks welcome to comment, of course. I am wondering what it means.
Less weak hands.
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You can just hodl but that's pretty boring sitting on a stack of coins waiting for the value to appreciate ...
That is why I practice hodling + drinking! I have half of that down!
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How does a nxt asset get sent through the bitsend chain? does it get sold and converted first?
why u think a NXT asset is send through bitsend chain? all that happend is that BSD Bitsend is added to noblepay and get all abilities there of a full member coin same as NOXT NOBLE ERC DMD Bitsend is a coin is it not? Sorry I don't keep up on every new coin that pops up daily. Bitsend used to be LIMX, now the dev changed it so it can be a remittance service / anon coin for european federation of coins. Kind of like their own personal western union for trading between federation coins. Interesting but that still doesn't answer my question of what the mechanism is that it uses. I really don't have the time to research another project ATM.
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Nice suppression right here. 0.01060000 3732.45733234 39.56404772 48.35974511 Anyone that can't see through that deserves to lose. And poof it's gone. Fuck you whoever put it there, suck mine.
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Nice suppression right here. 0.01060000 3732.45733234 39.56404772 48.35974511 Anyone that can't see through that deserves to lose.
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Really bullish right now. Shorts are getting eaten up. Funny whenever I post bullish there is a dump. Lol
But it always reverses shortly. Someone dumped into themselves. There is serious accumulation going on right now.
This thread does change the short term trading.
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Is it the code that is particularly unique compared to other cryptonote coins , now, or the infrastructure around it?
Uniqueness among cryptonotes? Already implemented, from the top of my head: - lmdb, which makes the daemon have a low RAM requirement and allows a ...
- stunningly fast sync (when the hardware can keep up)
- ringCT, ringCT, ringCT
- real world viewkey utility - there is a way to check is your cold storage's monero are still there
- built in bandwith management (this is not an issue until it is)
- json based checkpointing (thanks BcX
) - You can store it on trezor
In the oven - Fluffyblocks
- 0MQ - As a nice and robust base for future infrastructure
- I2P integration (and a brand new I2p router side project named Kovri)
- Multisig, multisig
I am sure there is more stuff, but this is what I remember. EDIT: Forgot a very important thing: 24.1 Mh/s meh. MEH?? Either you don't understand what you quoted or your trolling.
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I don't understand why anyone cares about yet another third party wallet?
http://prntscr.com/d5zqzeIf you dont care is fine. I asked and replied on two posts that I read here. Seems some people care about Jaxx wallet. And my post was a question to @catalan123 what the hell he talk about. And I posted link to all the details of Monero integration on all nine Jaxx platforms. Didn't mean it to sound like that. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I just mean I really don't understand why there is hype about a third party wallet when we already have so meany? What is so special about Jaxx?
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How does a nxt asset get sent through the bitsend chain? does it get sold and converted first?
why u think a NXT asset is send through bitsend chain? all that happend is that BSD Bitsend is added to noblepay and get all abilities there of a full member coin same as NOXT NOBLE ERC DMD Bitsend is a coin is it not? Sorry I don't keep up on every new coin that pops up daily.
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... They for sure try to do it as fast as posible.
I don't believe this for a second. I dont understand why woudl want to delay with having first mover advantage. I am sure profit is not such that they will broke her leg implementing it. But they will for sure try to do it as fast as they can. Technology is different then of Bitcoin or ETH so they spend more time with it. Lets hope there will be soon soem announcement. If the Devs wanted this done it would have been over a year ago. I've postulated why in this thread previously but I'm just guessing. I think Jaxx is adding coins to their platform massively only this year. I don't understand why anyone cares about yet another third party wallet?
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