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11021  Alternate cryptocurrencies / Altcoin Discussion / Re: [2016-08-25] Monero Appreciation Intensifies on Darknet Adoption on: August 27, 2016, 03:06:31 AM
@generalizethis. Do you recommend to buy now and worry later? Grin Can you give us more information about the GUI?

Also is there plans to improve the light wallet?
11022  Alternate cryptocurrencies / Altcoin Discussion / Re: THE RISE AND RISE OF MONERO on: August 27, 2016, 03:01:39 AM
So what is next for Monero? Will more 3rd party developers take an interest in it? It needs more 3rd party apps and programs to make it easier for interested users. It needs a better light wallet than the one it has now and also a better web wallet. I know that the ones available or ok but if it intends to be like bitcoin it needs better software available to use.

Is it possible to make a Multibit wallet for XMR? How much would it cost for someone to commission the creation of it?
11023  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: August 26, 2016, 08:03:24 AM
I have a question. How big is the Monero blockchain? I decided to use the full client and I was wondering if 10gb is enough to sync the blockchain. Also I would like to ask how fast the syncing is.
11024  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH gets roasted and ETC gets support in Max Keiser's show on: August 26, 2016, 07:58:53 AM
Max Keiser is not relevant anymore, maybe 2 to 3 years ago but not at present.

Max Keiser promoted many scam coins before. Why should anybody take his comments seriously?
Did he buy the ETC before?

I speculate the answer is yes. There is no other reason why he would promote and hype ETC. He is maybe desperate that the price will go down even lower making him lose more bitcoins. Wasn't he a journalist once? Is he a trustworthy one? Because most journalists today are corrupt.
11025  Alternate cryptocurrencies / Altcoin Discussion / Re: [2016-08-25] Ethereum Wallet Update Sparks Debate Over 'Corporate' Integration on: August 26, 2016, 07:55:37 AM
After everything that happened with Ethereum it is hard to believe what comes out of Vitalik's mouth. Last year when Ethereum was in the Frontier release stages he said that they are already running low on funds. He was also saying that it was time for the community to do its part in developing the platform further. It was like he was saying that they are on their way out.
11026  Alternate cryptocurrencies / Altcoin Discussion / Re: Steem pyramid scheme revealed on: August 26, 2016, 07:52:16 AM
With Steem tokens keep falling some people who have planned to invest in it for the long term are now stuck and getting desperate. I saw a video of Tai Zen trying to convince people and himself that the falling price is ok. Here is the video https://www.youtube.com/watch?v=tgp0_sS8rLw

For me the price will go up in time but the question I have is when will the price stop falling and how long do we have to wait for the price to go back up? It is not worth the agonizing wait if you ask me.

It may never go up. It's just like every coin that cranks out coins at a high rate. Sure, lots of it is tied up in SP. However, the market can't keep up with all the people powering down, and dumping. Don't catch falling knives. If you want more Steem, just mine it or blog and get lucky. Too bad Poloniex does not offer Margin trading for Steem. Someone could make a fortune shorting it.

The people who committed by converting to Steem Power must be kicking themselves right now. How can a person like Tai Zen trap himself like that? He is one of the most learned and well informed people in crypto.
11027  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Altcoins potential in a year from now (25/08/2016) on: August 26, 2016, 05:45:50 AM
@VultureFund. Where did you get those numbers from? Please explain how the "potential" is calculated unless you made up those numbers according to your gut feelings. It would be nice of you to teach us your methods of computing the real value of the different coins.
11028  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETC rising to 0.01btc ? on: August 26, 2016, 05:41:53 AM
this is my simple chart Roll Eyes



What kind of a chart analysis is that? Cheesy

Sorry but ETC will be continuing to go down for the time being. How long and how low is the question and it is not looking good because the hash power is also going down. No miner is willing to support the network for free and they are leaving slowly one by one.

This will not look good for those who fight for blockchain immutability and true decentralization.
11029  Alternate cryptocurrencies / Speculation (Altcoins) / Re: When do you think Monero and Bitcoin will reach price parity? on: August 26, 2016, 05:35:45 AM
I would say it would be impossible to reach BTC parity. Are you crazy? But we have been proven wrong before with the case of Bitcoin. No one would believe it would reach prices above $100 4 or 5 years ago.

As far as I know Monero is an infltionary coin.So no limit in coin supply!
And to reach parity I think there is only one possibility.This is Bitcoin has to lose massively in value.
But I doubt that this is going to happen.Sure there are no certainties and sometimes even the worst case happens.However I believe in terms of Bitcoin it is very unlikely.Monero had a huge pump.But I doubt it will pump to the 3 digitd or even high 2 digits.
Everybody invested in Monero enjoy the pump, but do not over ride it.Correction/dump will happen as this is needed due to market behaviours and a healthy price development.

I do not think so. XMR has a limit it is not like Dogecoin. I will ask around if what you said is true. But I do not think that you are right.
11030  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers on: August 26, 2016, 05:27:25 AM

That is good and I hope that really will happen. But the problem is that whale. What if LSK has risen again above 50k satoshis and then the whale will reappear again and he again make that sell wall? It will make LSK tumble again and here we are again back at the beginning.

I speculate that this will be flat for the time being until we are assured that the whale has gone away.
11031  Alternate cryptocurrencies / Altcoin Discussion / Re: The anonymous double speak on: August 26, 2016, 05:12:41 AM
Can someone please explain to me how two "anonymous" coins almost exclusively controlled at one exchange are actually anonymous?

+1

Never mind Poloniex is in the United States.  There seems to be credible evidence the anonymity coins were designed from the bottom up for DNM and other criminal activity, more so than dollar bills and Bitcoin.  What happens if the US authorities lean on Poloniex?  Then the anonymity coins lose 90%+ of their volume.  Worse case scenario, the authorities could go after Poloniex (see Charlie Shrem style) for enabling dark net markets and criminal activity.

I hope Poloniex is reading this post.  They don't know the legal quagmire landmine they've stepped into.




Yes or maybe Poloniex should create and develop a Tor hidden exchange and slowly transfer all XMR trading there. They can also make all the trading pairs' base currency to XMR instead of bitcoin.
11032  Alternate cryptocurrencies / Altcoin Discussion / Re: Steem pyramid scheme revealed on: August 26, 2016, 05:07:18 AM
With Steem tokens keep falling some people who have planned to invest in it for the long term are now stuck and getting desperate. I saw a video of Tai Zen trying to convince people and himself that the falling price is ok. Here is the video https://www.youtube.com/watch?v=tgp0_sS8rLw

For me the price will go up in time but the question I have is when will the price stop falling and how long do we have to wait for the price to go back up? It is not worth the agonizing wait if you ask me.
11033  Alternate cryptocurrencies / Altcoin Discussion / Re: [2016-08-25] Monero Appreciation Intensifies on Darknet Adoption on: August 26, 2016, 02:56:27 AM
@smoothie. I use pump and dump in another context. I meant it as a strategy day traders use to make money from the market. I am not saying that XMR itself is a "pump and dump". The term is already very much used out of context in this forum.

I also do not see it as bad that XMR was played by the traders. It is a natural occurrence in the market and we are living with it whether we like it or not. That is all.

Also please read my post again. I was talking about what happened to Lisk and it was actually a good thing for me because the whale over there discouraged the traders to pump the coin.
11034  Alternate cryptocurrencies / Altcoin Discussion / Re: [2016-08-25] Ethereum Wallet Update Sparks Debate Over 'Corporate' Integration on: August 26, 2016, 02:39:02 AM
This proves that my theory of the Ethereum community is running out of funds might be correct. By making a move like this, it could only mean that Vitalik and Brian Armstrong might have had a deal set. Could Brian Armstrong be paying the Ethereum foundation for in exchange for making this move? I believe it is possible.
11035  Alternate cryptocurrencies / Altcoin Discussion / Re: Could Monero replace Bitcoin soon? on: August 26, 2016, 02:31:07 AM
Not soon, even dash can't, dash is no.1 anon coin, monero is no.2, maybe ethereum has the chance to replace bitcoin, but maybe in 10 years.

Dash is not even close to being #2.  Coinmarketcap.com is valuing the supernode capital on an MTM basis.  If that capital, and the stealth instamined millions were to float on the market, dash could drop 90% in a day.  

All of the monero is floating.  The cap numbers for Monero are actual, legit numbers.

But yes, not soon.  I think somewhere in the 2020-2024 range it is likely that 1 XMR = 1 BTC.  But both will be at a much higher fiat/gold price by then.


For me bitcoin's price will have to go down substantially for XMR to catch up if ever it really has a chance to catch up. Why do I think this? Because for XMR to be the no.1 capitalized coin in coinmarketcap.com, a big group of whales from bitcoin must first unload a big part of their BTC and load up on XMR.

Now that XMR is discovering its own market niche people will start to form and build an economy around it. This will take maybe a shorter time than it did forming bitcoin's economy in the dark market. But beware to the community of Monero. You have to accept and embrace the fact that XMR might be seen as the "evil coin" used by criminals, illegal drug peddlers and maybe also terrorists to cover their tracks. This could be an impediment or an advancement in its development depending on your point of view.

There was a reason why Darkcoin dropped the "dark" to be viewed as a more "legitimate" alternative to bitcoin. Maybe they did not want to go to the dark market road. For me that is a big mistake. Monero is going where no one is willing to go. That will push for more advancement of the coin.

11036  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH gets roasted and ETC gets support in Max Keiser's show on: August 26, 2016, 02:09:26 AM
I would take what Max Keiser says with a grain of salt.

Wasn't he pumping his coin - MaxCoin - about 18 months ago?



Yes. Everyone in the community should stop listening to that guy. He maybe bought a large amount of ETC and is now trying to stop the people from selling it down which what is going on at Poloniex. He is just another person talking without really knowing what is going on. A good example of another person like this is Brian Armstrong of Coinbase.

11037  Alternate cryptocurrencies / Altcoin Discussion / Re: What altcoin will be used widely? on: August 26, 2016, 02:00:11 AM
Agree with c79. XMR has now positioned itself as the coin to hold after bitcoin. Before it maybe was LTC but after the recent development of the darknet markets accepting XMR it cannot be denied that an economy in the real world will slowly be built around it. The economy will be underground or be in a black market but it will be real. Maybe in 2 years we will see the 2nd coin to reach $100 for each. 
11038  Alternate cryptocurrencies / Altcoin Discussion / Re: [2016-08-25] Monero Appreciation Intensifies on Darknet Adoption on: August 26, 2016, 01:50:26 AM
XMR was pumped and dumped when the news about Alphabay and Oasis came out. There were traders who took advantage to make a quick profit. They knew many people would be desperate to get in. The same was happening in Lisk when it started to rise from the lows. A whale was accumulating the coin very slowly without pumping the price and then the traders wanted to take advantage by pumping the price. But the whale was very clever and he created a big sell wall that totaled 2000 BTC. Now the traders are staying away and the whale is happily picking up his coins. Cheesy
11039  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Blockpay Lets Businesses Accept 8 Major Cryptos at Zero-Cost on: August 26, 2016, 01:43:58 AM
It is a nice initiative but what merchant would want to accept cryptocurrencies? They want "real money" in their cash registers. Not even bitcoin can attract them to want to have it because most of them do not know what it is. The ones that do will want to convert it to fiat right away to avoid the volatile nature of bitcoin.

Maybe the idea is too advanced for what is really wanted today.
11040  Alternate cryptocurrencies / Altcoin Discussion / Re: Leading Dark Net Markets to Support Monero on: August 26, 2016, 01:34:27 AM
i think lightwallets are the next step, xmr had a "little" community over the time so it weren't needed. but now it will be.

There's a light wallet already available. It's really easy to set up but it could even be made easier if the developers will make it. I could post a small guide if you want.
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