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10741  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Launched! on: June 05, 2016, 10:03:10 PM
this coin looks pretty good~

Wow dude I noticed you posting the same thing in every thread in the last 24 hours, then you sign up for a signature campaign and expect them to accept you & pay you for your "Quality 5 Word Posts" ?  Roll Eyes

But yes you are right about this coin, Litecoin is pretty darn good, it was the 1st Scrypt coin before the popular, loveable meme coin DOGE.


Looks like someone deleted his post haha!


Just for history's sake, Litecoin was not the first alt coin (I dont think it was the first scrypt either). It is however the oldest and most successful alt coin.

Is the ICO over?
10742  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: June 04, 2016, 02:30:28 PM
I speculate that all the w00sies that ran away when the wall got nibbled are back. Tongue
10743  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: June 03, 2016, 10:21:23 PM
It's overvalued crap and a pre-mine scam. It's as valuable as XRP, namely zero.

But Ripple had a market cap of $850 million. The markets can't be wrong, right?

FWIW, I'm not really as negative about Ethereum as many people, but the annoying Eth supporters who show up convinced their coin is going to "take BTC crown" are at least as annoying as the Ripple supporters were back then. The story, by the way, is much the same. Corporate support that Bitcoin will never have, etc., etc.

Markets may be wrong longer than you remain solvent and only tend towards (or at best oscillate around) rational state space given sufficient time.

That's because perfect markets only exist in theory, whereas the real world is constrained by lossy compression artifacts due to reification/communication byproducts of misinformation.

Like BTC, I see ETH as an excellent complement to XMR.

Since ETH won't provide privacy/unlinkability/untraceability at the protocol level, there is a perfect fit role for XMR as the anonymous on/off ramp into and out of ETH smart contracts.

In the syllogism BTC:XMR::salt:pepper, ETH is sweet, irreplaceable Sriracha.   Cool

Well said. Yeah pre-mine coin market caps are all untrustworthy to the point of reliability.
10744  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: June 03, 2016, 10:17:32 PM
Really? Pulling support behind the wall as well people? I ate All I can now. Sack up boys.

Anyone know who's wall it is? yes or no is a fine answer.

Is this wall a pumping attempt? will it be removed by the buyer or eaten by the seller?

Dump some more into it and find out! Cheesy


If that wall gets pulled will someone pm me so I can grab some M0ah, I hate to leave margin bids out there. Tongue
10745  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: June 03, 2016, 08:17:01 PM
Really? Pulling support behind the wall as well people? I ate All I can now. Sack up boys.

Anyone know who's wall it is? yes or no is a fine answer.
10746  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICOO] ICO OpenLedger - THE OFFICIAL ICO PRE-LAUNCH TOKEN on: June 02, 2016, 07:39:46 PM
Hello, I have been asked to vet this project but I will be busy until Tuesday. If I receive 400 XMR before then then I will make the time. Make sure to PM me if the bounty is paid, otherwise I will look into it starting tues.
10747  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: June 02, 2016, 04:03:54 PM
So I'm at the poker table and 2 girls start talking in arabic (your not supposed to speak in any language but english at that casino when in a hand). So I decide to make a joke after a few minutes of this (I knew they weren't cheating so really couldn't care about the rule) and I said "All I hear is Lets take down that plane" and damn did they lose it! I couldn't believe someone (both girls play alot play and one is a pro) smart enough to make a living playing poker was unable to grasp the joke. Not to mention the fact that almost 100% of what comes out of my mouth is to evoke a chuckle. But once again I give people more credit than they deserve.
10748  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: June 02, 2016, 03:46:17 PM
Shit moved my buy from right above the wall to below while I crashed. Sad

This reddit reply from u/ferretinjapan deserves a crosspost, hence:

Quote
VERY well thought out and completely on spot post.

Source: https://www.reddit.com/r/Monero/comments/4m4qv2/help_me_understand_monero_and_the_community_im/d3sw4mz?context=3
10749  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: June 02, 2016, 03:01:34 AM
Monero's decoupling from ETH.

I did notice this but can only surmise it is because of the large capitalization as it certainly isn't because of the tech. I really expected the opposite but once again I gave the masses more credit than they deserve.

first thing to learn in trading is that the market always right...  either due to the mass behavioral psychology or that it was wisdom of the  crowd, either way if you lose accept that you were wrong and learn more.
if you never accept that you were wrong then you will never learn.

I agree to a point. But I don't think they were ever really coupled to begin with. Look at that chart. What happened before November?

It looks to me like they both happened to go up at around the same time (Feb-Apr). That does not a coupling make.



LOL, I had forgotten he was still posting. My track records pretty good and I am not holding a position so it's not an issue ATM but I would really like to get some M0AR cheap!!!. Smiley


AFA whether they were coupled, who can say? What timeframe is it defined as? There really is no set rules in this market so none of the standard models are worth a damn thing. The only thing I think of using stock algo's is not to bet on them as everyone is using them which means whoever has the most capitol is gonna win.
10750  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: June 01, 2016, 04:06:31 PM
Monero's decoupling from ETH.

I did notice this but can only surmise it is because of the large capitalization as it certainly isn't because of the tech. I really expected the opposite but once again I gave the masses more credit than they deserve.
10751  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: May 30, 2016, 01:05:16 PM
...

Grandma would probably use MyMonero over the core GUI (though maybe not for longer-term storage of value). That is a good example of third party solutions starting to specialize.

By "generic" user I didn't mean grandma but a wide base of all sorts of users without specialization, and that's where MyMonero fails to hold up. That includes people who see the primary use of crypto today and for the indefinite future as a store of value, medium- to long-term speculative investment, or perhaps as a medium of exchange that is somewhere between reasonably and very private. In all of those cases many won't want to use a web wallet.



I have to disagree here. People over the age of 55 were raised on cash and in many cases are very distrustful of third party payment providers and are very fearful of identity theft. They are also very privacy conscious. Furthermore they are far more likely to adopt the technology of their grand children than the technology of their children. For a senior the strongest appeal of crypto currency is likely its cash like properties, (cash one can use on the Internet) since that is their comfort level.  If they adopt a crypto currency it is highly unlikely that they will then turn it into the very thing they are trying to avoid.

As a baby boomer, my take is that the baby boomers can be a very receptive demographic for Monero, but I doubt we will buy in if we are sold the same technology we rejected 20 years ago.

My dad is in his 70's and has had his identity stolen 3 times! He hates having to use credit cards. That is one huge argument for crypto, everytime he has had his identity stolen it was a breach of a large chain store.
10752  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: May 27, 2016, 11:09:30 PM
Let me link Grandma to anything other than a official supported easy to use GUI and see what happens.

I doubt Grandma will ever run her own node, regardless of GUI. In the CryptoFuture, I imagine Grandma will use a third-party solution specifically designed for grandmas  Smiley EDIT: or she will just enter her PIN at the register after the point-of-sale machine connects to her NFC powered keyring wallet. No GUI required.

If you've read any of my posts, you can probably tell I'm a big, big fan of user experience and accessibility. I just don't think it has much place in the core software, as it will ultimately not be a user end-point.

First off grandma and most anyone else that will use crypto could care less about running a node. Logical fallacy (Straw Man) there.

The masses need a GUI released from the Core team for one reason only. TRUST, all the other reasons are quibblable (ohh did i make a word up: fails spell check). Cheesy

AFA the bolded, in a perfect world yes. In reality a vast majority will not spend the time to do due diligence one something that is not backed by those they trust and unless XMR Dev's put on the Landing page that that (whatever wallet) is the official wallet (hence they are putting their word behind it) then nothing is going to get widely adopted. AFA the argument that many use different BTC wallets you forget that that is after the fact that they started with one supported wallet and diverged from there for whatever reason.


...
Do you think anyone that needs a simple to use wallet is practicing OSPEC? Or do you mean the appearance of security?

Nope and Yup, not only the appearance but the trust of those supplying it without having to goto the effort to do the research.
10753  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: May 27, 2016, 09:10:53 PM
Gui will help adoption period there are no arguments that are sound against that.

I disagree completely. There are plenty of reasonable arguments against that, the biggest of which is that a bundled GUI will do nothing to attract adoption outside of the cryptosphere, and almost everyone inside the cryptosphere is already aware of Monero and can use it if they want to.

A GUI by itself will do little for adoption.

Let me link Grandma to anything other than a official supported easy to use GUI and see what happens.

BTW when you answered for me the other day you were spot on. thx Smiley
10754  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: May 27, 2016, 07:48:43 PM
Gui will help adoption period there are no arguments that are sound against that.
10755  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: May 27, 2016, 04:05:12 PM
I wish there was more development going on and a good GUI wallet, etc. 

[1] More development going on? Monero is ranked #5 development wise on Coingecko, https://www.coingecko.com/en?sort_by=developer_score.

Quantity is not important, Quality please, good GUI please

Ease of use =/= quality. Every crapcoin has a kewl gui wallet. You should back those. They are going places.

On a different note, I believe so much I'm shorting just to lower prices to get moar. Cheesy
10756  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: May 26, 2016, 09:32:58 PM
This is not meant as a comment on Polo but if you don't trust Polo that is an excellent reason to try bitsquare. Building liquidity there would be great for Monero because it is a system that is much more resistant to failing or being shut down like centralized exchanges.

Not directly applicable to margin trading, although in theory even margin trading could be done someday in bitsquare if they implement a lending market.

But then I would have to trust the escrow and I do not have the time to research it ATM. Or am I wrong on this?

Is there anyone in NE that sells in person? If so PM me an email address and we can talk.
10757  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: May 26, 2016, 09:26:49 PM
On Polo margin trading is the rate a one time cost or is it re-occurring and if so at what time period

The posted rates are daily but calculated much faster, like by the minute or something.

Thx, I tried it out last week and got the shaft. It's interesting that as soon as I made the position the market jumped and boned me. So I held onto the position as it was small and I am trying it out and I opened another position for shits and grins yesterday and the same thing happened, the market immediately boned me.

I would like to know how this is happening. I'm not worried as the amounts are small (under $500) but if I ever decide to get serious (as I hope to soon||Get MOAR before GUI) then I want a better understanding of what these bots are doing, who's controlling them and if Polo is involved at all.

I have a high trust level for polo and have defended them many times in the past but when it comes down to brass tacks I want my ducks in a line. Smiley
10758  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: May 26, 2016, 09:13:59 PM
On Polo margin trading is the rate a one time cost or is it re-occurring and if so at what time period
10759  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: May 25, 2016, 09:31:21 PM
Brand-new Bitsquare release with Monero support!

https://github.com/bitsquare/bitsquare/releases/tag/v0.4.7

Awesome.  Can't wait for ETH support to bring in the drooling masses!

I wonder if Poloniex will get around to adding an ETH/XMR pair before Bitsquare makes them obsolete...

Never gonna happen.
10760  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: May 25, 2016, 09:16:47 PM
Got an email from coinbase.
Quote
How likely are you to recommend Coinbase to a friend?


chose "0" Not likely

https://delighted.com/e/en/c/ljLhxNlV6BJfrxzUefLxjrAp/0/0HJG5Epd


Asked to comment, left "finsec intrusive policies" as a comment.
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