Any news if they will still release it with the "trusted set up"? Was there a solution proposed to amend it? I feel that zcash will also be mired with its own set of controversies because of the "trusted set up" issue. There will always be doubts about it and that is a way for people to FUD the coin if it is not changed. The development team are known people with the who's who in the cryptosphere so it would be a risk if the trust and confidence in them is lost. |
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if it breaks the 270k line we are going up, until then we still in a downtrend.
PS: i have a bag of ETC, i still believe in this coin... yet, this isnt the best price to buy.
What is your basis for that statement? Why the 270k satoshi line? Why not the 250k satoshi line? There is a pump in ETC now but I speculate it will continue to be flat or go down after this. It is only moving up because there are people taking advantage of the news that the ETC from the white hat hackers will be transferred to a withdraw contract. After that good news has died down what will be next? The miners will still continue to sell their coins down in the market. |
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There is no continued rise, the dump will happen. At this moment we are all playing roulette on when it will all come down. The thing that is keeping the price up is the hype around DNM adoption.
Come Sept 1, when DNM Oasis and AlphaBay both starting using XMR... if for some reason we low volume or lower than expected usage I can see the price come tumbling down. But from now to Sept 1st everyone is riding the hype train and it is much harder to manipulate the price down.
So... Any news on this? Are volumes holding up, are people actually using this thing? Out of all listings on Alphabay, which add up to 46878 at the time of this post, 2561 accept Monero already. This is roughly 5.5%. Vendors are conducting 'experiments' by accepting Monero only on few of their listings, to see if there is any interest. We should see rapid adoption when (and if) people start using XMR to buy stuff. It is funny because I am thinking which Monero holders will now buy drugs on Alphabay.  The best move for the Monero team right now is to set up more infrastructure to buy XMR easier for those people who are interested. It would be better for more shapeshift type of service where the buyer can be anonymous. So maybe a service like localbitcoins for the darknet is a good idea. |
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Hmm. An upgraded brave like application. This is cool. The best part would be they will be helping each other and that is a good sign IMO.
could be bitcoin killer app, who knows, time will tell. Good that people work in this direction. It could be. But most bitcoin apps fail even the apps that looked like they would be the "killer app". The biggest disappointment for me is bitsquare. It is the perfect exchange for cryptocoins and many people here wanted a decentralized exchange. But are they using it? No. |
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What about vcash? I read that they have something called "chain blender" that also anonymizes transactions but I have not read about it thoroughly. Maybe that should also be included in the list?
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Nope, it's just the type of
"shoot first, and ask questions later"
"slander you today on the front page, and then apologize days later on the back page"
"guilty until proven innocent"
attitude that our oppressors have been thrusting upon us for generations big brother
But then again, your arrogant negative pessamism here does make you rather predictable...
Is the glass half full or half empty?
It was a question. You can see that I used question mark in the tweet! No there is nothing wrong with your action. But it might be better to investigate more before making public tweets implying that someone is doing something wrong. Since it is public we have to be extra careful not to send out the wrong information.
So this forum is not public? What is that I was implying? To all:  These are all the Synereo tweets made by the FailCommunity. I feel no need to justify myself to nobody!!! Synereo community answered to the "attack" and I think that case is closed, but if you think that jumping on me is a good idea, then you can all suck my balls! I said I found nothing wrong with what you did. My point was to be safe and to avoid any confrontation it would be better to read more and research first than to be impulsive in making statements online because they are public. The people on the other side might take it the wrong way. To be honest I really find it odd that the Synereo rep person is being so defensive. |
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What about the problem of some people about the "view key" feature. They said that a court order could make you show your transactions in the clear thru view key. Is this true? Why is that feature even there? It might become Monero's weakness.
If you have information, you can be compelled to reveal it by only and exactly that force which is able to compel such performance. I fail to see in what sense the view key mechanism is a problem in such a scenario. The problem, in any such a case, is not the view key, but the fact that you retained the information. If you wish to preclude being forced to reveal information, you must destroy it. Yes that would be the most practical thing to do. I am only curious why there is a view key mechanism and what was the reason why the developers added it as a feature. I am sure there are pros and cons. |
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LISK has had great progress for 2 recent months. The price will be good (x2) by the end of year.
They have achieved the normal amount of progress. There was nothing really spectacular with the roadmap they have umveiled after a couple of months of waiting. But that is a better option for them to be safe from too much pressure. I also disagree that the price will rise very high. There is a whale who is trying to manipulated the price to stay below 50k satoshis. If it was not for him LSK should be over 55k satoshis by now. |
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I have a question about the "view key" feature. There are some people saying that this feature will be a weakness for Monero because a court order can be made to make you show your transactions thru view key. I just want to know what is the purpose of it and why the development team made the decision to put it there. Is it there to assist the authorities if indeed someone is caught making an illegal transaction using XMR?
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I did some research on Lisk and wanted to buy some coins, after having looked at the charts seeing the sell side way beyond the buy side I am not willing to invest some money in it. Not my cup of tea to see the value decrease over time.
Seems like someone really wants to push the Lisk price down, like this little gem of sage investment advice from a newbie account, along with quite a few others lately. Actually it is not only about the comments on Lisk in this forum. It is also the action of a certain whale in Poloniex that is making it clear that someone really wants to push the price down. For me if I am to make an advice to a newbie would tell him to wait for LSK to go back down below 40k satoshis because it really looks like someone or some group want it to happen. I am a supporter of Lisk but I am sorry, I am not that optimistic in what will happen in the coming months. |
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The XMR vs DASH battle over, with the good guys (team cryptography) taking the win. Now for our next battle.... When will the market cap of Aeon exceed Dashpay? This will really be funny if it will really happen. I can now imagine Evan Duffield scratching his head and asking himself why this is happening. But before that could happen everyone is watching Monero and are waiting if it could go higher or maintain its market value at the very least. If it can do one of those then expect happy days for Aeon ahead. |
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Short term price speculation? I'm mixed about getting in... was sure it was gonna drop more but now not so much
25% is pretty impressive, and if I was buying something at the DNM I'd feel safer using xmr. The people who use DNMs have no problem acquiring xmr
What about the problem of some people about the "view key" feature. They said that a court order could make you show your transactions in the clear thru view key. Is this true? Why is that feature even there? It might become Monero's weakness. |
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What is the supply cap in Aeon and why do you guys expect the price to appreciate?
A Monero clone alone won't cut it... why would people actually use Aeon?
Just wondering before I invest/speculate
The supply cap is the same as XMR. That is 18.4 million coins plus the tail emission for miners. It would help to look at Aeon not as a clone to Monero but more of a testnet. I believe the development team sometimes add features to Aeon first before adding them to Monero making sure that they are stable and useful. |
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@rpietila. A sample of 100 votes from bitcointalk will not be a good measure of what might statistically happen. There is the argument that the sample is tainted knowing that this is bitcointalk.  It is a fun exercise but not to be taken seriously especially by the naive people who lurk here. |
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There will always be price attacks the problem is when will it stop? Everytime the price is showing that it will start to reach 50k satoshis the whale will set up a big sell wall at 45k satoshis. But maybe another whale is now ready to snap buy that wall when he sets it up again next time. We will see.
That's because the whales are playing with the price like a yoyo with surgical precision. If you like daytrading you can ride the waves and make some decent money but you can also lose a lot quite quickly so if you do start daytrading be careful and spend some time learning on a demo account first. The side effect of a known whale playing with the price with surgical precision is that would make the majority of potential investors to stay away from LSK. Why would they risk their money in something that can be threatened to go down in price? It is better to avoid LSK now and invest elsewhere. Lisk has been very stable the past days no reason to avoid it, may be one of the better investment option out there. It is stable, yes. But only up to the point where the whale starts putting his big sell wall again if the price is starting to move above 50k satoshis. That makes the investors dump and not come back until they are sure that it is safe. The whale's actions are irresponsible and could affect LSK's future for the midterm. It could also cause for other investors to dump and that will take the price below 40k satoshis. |
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...
So? What is that going to do? Temporarily drive down the price of ETC and cause fewer ETC coins to be held by ETH holders, and then after that will the ETC price bounce back or not? Is ETC going to be dead? A lowering of the ETC price might cause a lot of buying of ETC, then what?
The idea of lowering the price is to turn off miners from supporting the ETC chain. If the hashing power goes down then it would be less secure and more open to attacks. Remember if miners do not find it profitable to mine ETC they will go somewhere else to mine. The likely destination for them would be ETH which is what the ETH people want. |
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Right now it is XMR. Also expect all the other anonymous coins to get more attention because the traders will take advantage of this by pumping the hype in the news. If you are a day trader then this is good for you.
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Doesn't an "accusation" actually have to logically claim something? Could you please refrain from promoting libel & slander without doing the basic due diligence of finding out if the accuser is not acting out of personal interest, spreading FUD for their imagined gain? Distributed ledger transactions that are then doubly communicated to publicly visible spreadsheets are in no way "secret". I'm not a detective you know. I just wanted to make sure that Synereo team will see the thread... nothing more. I think that there is nothing wrong in my action? No there is nothing wrong with your action. But it might be better to investigate more before making public tweets implying that someone is doing something wrong. Since it is public we have to be extra careful not to send out the wrong information. |
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Bitcoin maximalism is a dangerous thing, but proof of stake just doesn't really work, and multiple PoW chains don't really work either. The odds of everything going to 0 is probably much higher than any alts coexisting with Bitcoin in any meaningful way.
What if there was something connecting them in between. A layer of some sort like a decentralized exchange where everyone can transfer from one chain to another. If you want anonymity just transfer to XMR, if you want a store of value just transfer to BTC. Because for me it would be better for any cryptocoins to coexist than everything going to 0. Not that good of an idea, Bitcoin is already considered money laundry by many even though the blockchain is public, now if you add Monero to the recipe, get rerady for a ban of cryptos. Not a good idea now that you have a choice to be free from the banks? Not a good idea to have the right and now a choice to make your transactions private free from government snooping? If you do not think it is a good idea then crypto is not for you my friend. The root of all crypto has always been to make a political statement. Making some money is fine but you have to accept the libertarian views that come with it. I would also be happy to see the authorities try to ban all use of cryptography. Let us see if they can really do it. |
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It seems that one of the chains will fail over time. The question is, which one?
What do you mean by "fail". ETC is moving and trading. It may be declining but it still has supporters. They will both run for a long time. What's more important is who will support which chain for what purpose and what value will that bring? If you really think one chain will die then right now ETH has the advantage. Why? Because it has more hashing power. ETC's hashing power is only about 10% to 15% that of ETH. If one chain is truly dying then it is ETC. Please observe the chain state here http://fork.ethstats.net/Price and volume in the exchanges should not be used to judge if ETC will continue or die. The answer lies in the hashing power. |
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