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11401  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero Economy on: July 19, 2014, 04:24:46 AM
There is another potential explanation for the clothes washer— WW2 when the women went to work in factories. So perhaps clothes washing in households was temporarily usurped. Ditto autos being a luxury item and the Great Depression.

Yes I agree. And the discontinuity in the rate of air conditioning adoption was likely tied to the energy crisis in the 1970s. These examples and others are why I don't accept that the outliers are necessarily due to centralization, in general.

Something similar may be going on with bitcoin, for that matter, but lacking the perspective of history, we can't see it yet.
11402  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero Economy on: July 19, 2014, 04:22:20 AM
I am curious why you think the demarcation is not decentralization vs. centralization (you don't share my interpretation of the importance of decentralization to scaling)? If you want to share.

I don't see a clear distinction in the data, and I also think your definition of centralized is somewhat strained. For example, I don't think laundromats are centralized for the most part, at least not the same way as electricity. And yet, electricity shows only a modest deviation from the S-curve. Telephones are about as centralized as electricity, and in fact influenced by network-effects, yet show a more extreme deviation. Again, you can fit almost whatever narrative you want to this data.

Quote
Edit: add that I think most (or at least 30%!) of the people who would be interested in Bitcoin in the decentralized form where you needed to download a client and be technical, have already heard of it.

I think this is extremely wrong. Napster grew to 20-30 million users with people downloading a client and being somewhat technical (using an MP3 player or burning a CD was not a particularly user-friendly process at the time).  Bitcoin does not have anywhere near 30 million users, and the corresponding market (people globally with access to the internet) is far larger than it was in 2001, likely an order of magnitude, or possibly two orders. Bitcoin has perhaps 1 million users, probably fewer if one excludes coinbase-style services (see below), which is approximately 0%.

Whether it ever grows beyond 0% of the real market remains to be seen, but right now you are curve fitting on something that isn't really much of a curve.

I agree that coinbase-style services are more of a competitor than actual adoption of bitcoin.

11403  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero Economy on: July 19, 2014, 03:33:42 AM
Yeah, I've seen that image quite a bit, thanks. Surprise surprise, it's like a bunch of random noise blew differently through all those curves (which, yes, are generated by some sort of similar underlying human phenomena). And yet what you're basically doing is zooming in on the early part of one of them, where there's likely to be especially big noise, trying to fit a nice elegant little curve anyways, and then making investment decisions based upon that. Sometimes what gives the elegance-seeking part of our intellect great satisfaction just doesn't matter. This particular domain is one where qualitative fundamentals analysis actually seems better than quantitative attempts.

The unifying S curve shape is undeniable for decentralized adoption of technology. There are outliers, e.g. the clothes washer apparently got replaced by the laundrymat along the way and the initial wildwest of autos in the USA got replaced by well regulated government roads and licensing, but that isn't noise it is centralization.

Setting aside whether all the outliers on the graph are explained by centralization (I don't believe they are), I don't see what this has to do with Bitcoin or more importantly Monero.

Both are very much in the innovator phase. Most people have barely heard of Bitcoin and if they have, can't clearly explain what it is or what it does. I don't see curve fitting as being useful on the very first part of the cycle where all of these inventions are close to zero.

If bitcoin gets to say 30-50% then perhaps you can argue that it fits better with the adoption cycle of some of these inventions over others, since they do indeed differ at that point. At the very early near-0% stages, I don't buy it.


EDIT: changed relevant range from 20-30% to 30-50% since the latter is where we see serious deviations from the S-curve model on some inventions such as washing machines, automobiles, etc.

11404  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 19, 2014, 03:14:37 AM
there 3 monero topic right now on the top 10 threads https://bitcointalk.org/index.php?board=67.0

you know what i mean. 

Yes, monero is an extremely hot topic right now, particularly among bitcoin users who largely ignore all other altcoins. For example:

Monero is the clear leader of the group now, and is soon to be well established among the second tier of cryptocoins (first tier of altcoins).

I happen to know more large and astute bitcoin holders than most of us. It is unbelievable that 75% of the people that I am talking about (holders of 1,000-100,000 BTC) are between "curious" to "very positive" towards Monero, even though the same guys generally don't own any altcoins (the small volume makes it difficult to own them anyway and guys of this caliber usually see where there is value and where there is not).

so it stands to reason that Monero threads will be popular here. Furthermore there is zero paid promotion of Monero. There is no "altcoin marketing company" paid to promote Monero. 100% of it is organic interest.

If hypothetically you were to succeed in forcing them all into one thread, all that would happen is that would assure that the Monero thread would be right on top of the list virtually 100% of the time. 

If your coin attracts a comparable level of interest, then you deserve the same.


11405  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 19, 2014, 02:56:30 AM
you also forgot :

monerotalk.org - new forum about Monero XMR
https://bitcointalk.org/index.php?topic=647601.0

Done something useful for the monero community? Petition for compensation here.
https://bitcointalk.org/index.php?topic=694762.0

-> Monero Community Hall of Fame <-
https://bitcointalk.org/index.php?topic=700400.0

[XMR] Monero Client .NET - A GUI wallet made for Windows
https://bitcointalk.org/index.php?topic=683365.0

[XMR] (Unofficial) Community Monero FAQ thread
https://bitcointalk.org/index.php?topic=686086.0

Sure, those are different, generally specific, topics, and most of them aren't really that active. For example, I happen to to run the FAQ thread and I know that it isn't active most days any more, so it generally gets buried and is only accessible via a direct link for reference purposes.

Or the monerotalk thread -- exactly one post over a month ago. Who cares?

Quote
Monero / XMR Wall & Difficulty Observer / Trading Speculation Thread.

Monero Development and Engineering

Aren't these the same as the speculation and dev threads above?

As far as other coins doing it, I have no objection to other coins having multiple threads to discuss different topics, as long as there is sufficient interest (and if there isn't, then the threads get buried unless they are being deliberately bumped as with giveaway threads, which should be banned).

There is no "one thread per coin" rule. That would be a terrible rule IMO, and would essentially destroy the altcoin subforum as a useful forum for discussion. Many in the wider community wouldn't mind that though.
11406  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero Economy on: July 19, 2014, 02:36:42 AM
How do you explain away the following then?

http://en.wikipedia.org/wiki/Technology_life_cycle

Quote
The shape of the technology lifecycle is often referred to as S-curve.



Those are quite interesting graphs.

As with all squiggly lines, you can attach a variety of narratives.

One thing that jumps out at me is a division of technologies between those that are adopted in subgeneration time scales (internet, cell phone, etc.), those that are adopted on generational timescales (TV, microwave, etc.) and those that are slower than generational (phones, cars, maybe electricity).

Also, the starting points seem arbitrary to me. The internet was not in 30% of households within 5 years of its invention. I doubt the starting year for PCs as well. I think someone chose some arbitrary starting years to tell a story.







11407  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 19, 2014, 02:28:48 AM
they removed the giveaways because it was spammy.

Giveaways are banned because they are paying people to bump threads. No one is doing that here.

Quote
How would you feel if every coin opened a new tread for every new news?

There is not a new Monero thread being opened for new news.

Quote
Seriously. look up how many different threads you got going on.

Looks like 6 including this one.

Explain which of these does not constitute a single, well-defined topic that is distinct from the others:

Monero Economy. Macroeconomics of Monero.
Monero Support. Help with setting up software and welcoming newcomers.
Monero Mining. Mining questions.
Monero Speculation. Price fluctuations.
Monero Dev. Coding questions, the pendant of #monero-dev.

11408  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 19, 2014, 02:19:53 AM
This comment was on another Monero thread, I'm moving it here because it was off-topic for that discussion, and might get legitimate feedback in this thread. I have sent (or will be sending) a PM to the poster with a link to the new location:

i like monero and all..

but you guys are spamming now with 1000 opened threads for different topics. please contain your coin topics on a dedicated forum or main ANN thread.


-updated by kbm

A dedicated forum reduces visibility and activity on bitcointalk, which is still the epicenter of cryptocurrency discussion. I'd prefer XMR becomes more usable and mature before taking that step. In the meantime, split threads are much more readable than one thread.

I don't see why that dev thread is self-moderated, though. The reduction in credibility that comes with self-moderation (within the culture of this community) is much bigger than any gains in thread quality. Trolls don't bother with technical threads anyway.

There is no reduction in credibility -- that as a bogus argument made by trolls who want to troll without interference -- as the original posts are always available on the mirror sites. It is quite impossible to use moderation to censor or suppress a viewpoint.

Moderation serves only as an organization tool making the thread a better resource for a particular target audience, and should be more widely used, not less. If the moderator does a poor job of serving a target audience, then the thread will die.

BTW, this discussion itself is off-topic for the Monero thread. If it question is one acceptable and/or proper use of the bitcointalk forum, that belongs on Meta.

 


11409  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 19, 2014, 02:14:41 AM
This comment was on another Monero thread, I'm moving it here because it was off-topic for that discussion, and might get legitimate feedback in this thread. I have sent (or will be sending) a PM to the poster with a link to the new location:

i like monero and all..

but you guys are spamming now with 1000 opened threads for different topics. please contain your coin topics on a dedicated forum or main ANN thread.


-updated by kbm

Unless there is some guideline of which I'm not aware, I don't agree. The stated purpose for the "Alternate cryptocurrencies" forum area is "Discussion of cryptocurrencies other than Bitcoin." Every current Monero thread falls within that purpose, as far as I know.

Nowhere do I see a stated rule that each altcoin should have a single thread. That is insane. Threads should cover a single relevant topic. Multiple threads on the same topic could be viewed as spam, but (for example) new users looking for help setting up a wallet and discussion of the best embedded databases for use within the software are certainly not the same topic and don't belong on the same thread.

In fact although common practice it is kind of off-topic for ongoing discussions to take place within the Announcements subforum, since at some point the thread no longer constitutes an announcement of anything.


11410  Economy / Lending / Re: Loans offered on: July 19, 2014, 01:59:04 AM
Reopening for new loan proposals. Minimum loan is 0.5 BTC.

11411  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 19, 2014, 12:38:31 AM
Try /3GB

EDIT: Make sure to reboot after changing these settings. Both are boot options.

doesnt work. Not sure what I will do as I can get my wallet synced without my deamon up to date


17days is not the issue...its that the blockchain download is stuck.. I just figured out how to enable PAE [BCDEdit /set PAE ForceEnable from cmd prompt][and am trying to see if this makes any difference in forcing the blockchain to download]


I've heard it said that bitmonerod can be persuaded to run on Win32 by enabling PAE, but I dont recall anyone saying they have actually done it, so might be a struggle finding a blockchain to download Sad

Even if you find one to download you won't be able to load it without configuring your own windows to support a larger memory space (I think this involves PAE and/or /3GB), so you might as well figure out how to do that and then just sync the blockchain yourself. 17 days won't take long, especially since that is after the pool dust issue was fixed.


11412  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 18, 2014, 11:13:10 PM
As a remainder, there are several sister threads now for monero. For some questions, it could be better to move to the said section.


Some threads are alive and well, other have potential but few posts at the moment. If you believe there is too much noise on the main thread or want to focus on a particular topic, give the sister threads a try!
Reminder: every sister threads as link to the other threads in it OP.

[updated by David Latapie]

Don't forget rpietila's fabulous Monero Community Hall of Fame!


Moved here: https://bitcointalk.org/index.php?topic=700400.0

11413  Economy / Scam Accusations / Re: Phinnaeus Gage aka ~Bruno Kucinskas where are you? on: July 18, 2014, 11:11:25 PM
However, to be honest this makes him sound like a scammer, though perhaps he is now reconsidering walking away with the money.
Unless there is a very good excuse (hospitalization, for example), it is sad to see a reputable member pull the take-the-money-and-disappear routine.
Hard to imagine someone fleeing his home and risk being chased by the police for 2800 dollars.

I don't know about fleeing his home, but he clearly did cut off contact from the guy to whom he owed the money (and did indeed risk being chased by the police because supposedly a complaint was filed with the police), until contacted by another third party and apparently convinced to pay the money.

So whether it is hard to imagine or not, it happened (if OP is to be believed).

But as I said I don't rule out other possibilities such as being in the hospital or something along those lines.

11414  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 18, 2014, 10:36:04 PM
I've heard it said that bitmonerod can be persuaded to run on Win32 by enabling PAE, but I dont recall anyone saying they have actually done it, so might be a struggle finding a blockchain to download Sad

Even if you find one to download you won't be able to load it without configuring your own windows to support a larger memory space (I think this involves PAE and/or /3GB), so you might as well figure out how to do that and then just sync the blockchain yourself. 17 days won't take long, especially since that is after the pool dust issue was fixed.

11415  Economy / Scam Accusations / Re: Phinnaeus Gage aka ~Bruno Kucinskas where are you? on: July 18, 2014, 10:34:22 PM
I have talked to him.  He is OK.  He is not at home right now.  He admitted that he does owe the money and appologized for ignoring you.

PG and I are working on a deal to get the debt paid.

Stand by.

I liked PG and I found him amusing and useful.

However, to be honest this makes him sound like a scammer, though perhaps he is now reconsidering walking away with the money.

Unless there is a very good excuse (hospitalization, for example), it is sad to see a reputable member pull the take-the-money-and-disappear routine.


11416  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero Development and Engineering on: July 18, 2014, 10:30:10 PM
for databases, i like to mentioned two additional candidates to test.

1. kyoto cabinet | c++ [ http://fallabs.com/kyotocabinet/ ]
2. Sophia | c [ http://sphia.org/benchmarks.html ]

kyoto has a very rich feature set and includes also kyoto tycoon (server part), mapreduce and lua scripting,
which could be very usefull for bc related services later (if any planed). i have tested and using kyoto under
heavy read/write conditions up to 0.5 tb files without any problems so far.
it's a lean, fast and very well written kv core with many usefull extensions to mimik relational workload if needed.
i didn't test sophia under real world conditions until now and sophia is more generic from it's handling but from the
performance view it looks promising. a test could make sense (just in case you are not already settled with hamsterdb).

What is great about the approach being taken is that databases will be pluggable and it will be easy for others in the community to test their favorite databases and report. There is no reason to think the official build might not eventually use a database identified by the community as the best one, or that there will be different builds for different applications (pool node, high volume non-mining node, end user wallet, etc.)

 
11417  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 18, 2014, 12:46:13 AM
Quick question,

I had 200 Monero and sent 100 to exchange... the remaining 100 XMR is now locked. How long does my remaining 100 coins move to unlocked ?

I don't remember the number of confirms required by the wallet but it is the same as any other regular transaction, so some number of minutes. What happened is you had one output for 200, and you spent it (an output can only be spent once). 100 of it went to the exchange, and 100 of it went back to you. You are now waiting for that payment of 100 back to you to fully confirm.

11418  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 17, 2014, 11:12:37 PM
Darkcoin hashing power is 82000 MH, so multiplying with a 1000 to compare monero and darkcoin good comparison ?

You have to compare typical hash rates since the algorithms are different.

Convert to some normalized unit like CPUs (standard desktop CPU) or GPUs (typical miner GPU) and then compare. However, it is rumored that FPGAs are used for DRK, so even this comparison is questionable.

11419  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: July 17, 2014, 09:30:33 PM
My question is, why would they make so massive a screw up? They could have done at least a token announcement somewhere and then no one could yell "premine!". It wouldn't have affected the number of coins they got by much, there weren't nearly as many people into crypto around 2 years ago.

Because maybe not everything happened as claimed?

Anyway it doesn't matter. Monero is the clear leader of the group now, and is soon to be well established among the second tier of cryptocoins (first tier of altcoins). It doesn't share the murky history, doesn't have a premine/ninjamine, etc. Time to leave the past behind.

11420  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: July 17, 2014, 09:21:17 PM
The CryptoNote team is behind Bytecoin, right?

No. CryptoNote team has their own reference implementation named CryptoNoteCoin which is developed for education only. CryptoNote team said they did not join force with a development team that developed a premined coin for profit

So in truth it can only be said that they claim not to be behind it. But without any independent evidence or verification we don't really know anything about what happened there. Thankfully the community has moved on to Monero from that whole shady scene.

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