Can't go wrong holding any crypto with decent volume for the next bull run but I think holding ethereum is a much better move from current prices. Longer list with all top pure PoW coins. Their forks are identical so i excluded those.
Gold 1.5-1.8% Monero 3.666% Bitcoin 3.668% Litecoin 4.16% Doge 4.34% ZCash 35.83% Grin 158.63%
and similar was with value of coins that gets mined daily.
Doge 14.4m = $37.7k Monero 1725 = $130k Grin 86400 = 185k ZCash 7200 = $334k Litecoin 7200 = $496k Bitcoin 1800 = $19.16m
Wondering why you didn't mention Eth? Its still all pow since pos hasn't been released yet. I skipped all coins that were not fully mined. Most of ETH coins was created in ICO. 72 millions ETH was just printed and sold for tiny bit of BTC. That is 2/3 and that makes ETH a security and organizers will have to answer the law. ZCash founders reward is economically equivalent to a premine, but I guess it is only 10-20%, not 70%
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Lets have some facts here about referred Coindesk article :
I'm no fan of Coindesk's reliability generally but I've seen MANY instances of the Dash Venezuela usage hype being debunked including many times on twitter when it comes up and people who appear to be genuine ordinary Venezuelans saying the exact same thing that Coindesk did: that no one uses it, that merchants which theoretically support it generally don't even know how to accept a Dash payment and nor do they ever encounter real people paying with Dash, that total crypto usage is very small, and those who do use crypto mostly use Bitcoin. Believe what you like or do homework. I rather believe in hard facts or in a thorough investigation Okay where is the thorough investigation to support the claim that was made here: While Dash is being actively used in every day life by communities that really need it the most in these times like Venezuela, Colombia, Brazil It doesn't exist because that claim is a crock of shit. Nobody is claiming Monero is being actively used in every day life. Score one for lack of nonsense claims at least. Not that it is really helping the price these days.
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Lets have some facts here about referred Coindesk article :
I'm no fan of Coindesk's reliability generally but I've seen MANY instances of the Dash Venezuela usage hype being debunked including many times on twitter when it comes up and people who appear to be genuine ordinary Venezuelans saying the exact same thing that Coindesk did: that no one uses it, that merchants which theoretically support it generally don't even know how to accept a Dash payment and nor do they ever encounter real people paying with Dash, that total crypto usage is very small, and those who do use crypto mostly use Bitcoin. Believe what you like or do homework.
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All of the planned changes for the next release have been merged to master except for the fork height and any fixes that might be needed after final testing.
At this time, anyone able to build from source is encouraged to pull from master and test the code. Ideally try to test as many of the functions of the CLI and/or GUI as you are able, not necessarily just the common ones you normally use.
There will likely be a testnet rollback or restart at some point so the forking code can be tested as well as the post-fork consensus code (K12 proof of work and fixed ring size). Stay tuned for announcements on this schedule to help with testnet testing.
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You can downvote a couple of posts for free per day and you can vote posts immediately, without having to wait 15 minutes to get maximal curation rewards. There is still a five minute timer.
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While Dash is being actively used in every day life by communities that really need it the most in these times like Venezuela, Colombia, Brazil.
This hype has been debunked repeatedly. Most recently “We’ve been accepting dash for two years. We currently haven’t received any clients using dash to pay for their events. They’d rather use bolivares or dollars,” she said.
...
Los Costilla, a popular, dash-friendly restaurant, is one example. A representative told CoinDesk they haven’t accepted any type of cryptocurrency for over a year.
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Does the top 10 really mean anything? Mostly visibility. Sometimes it contributes to inclusion in indexes or funds.
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So they are delisting xmr without opening withdrawals? Does this means that they are simply cancelling everyone's xmr balance there without any compensation? They claim they were hacked. Maybe this happened, we really have no way to know. If it did happen, then your XMR balance isn't there, the hackers took it. They want the Monero developers to cover what they claim to have lost to a hacker, which isn't going to happen even if the hack actually happened and even if it was partially due to a bug in the software, which again we really have no way to know. 1. See above link/discussion about the license terms explicitly ruling this out. 2. If the developers covered claimed losses by exchanges this would open up a vulnerability where any shady exchange could claim to have been 'hacked' and start making claims against the developers. Again, this isn't going to happen. When it comes to crypto exchanges, follow the ABC rule: Always Be Careful. Do not leave coins on an exchange any longer than necessary for trading. Use only exchanges that you trust not only to not steal your coins themselves but to have the technical competence, experience and processes in place to guard against hacks. Etc. For those who have lost coins to livecoin, cryptsy, cryptopia, MtGox, etc., etc. you have my condolences but also my suggestion to learn from these experiences and protect yourself better in the future. I very much doubt we have seen the last exchange hacks, 'hacks', and exit scams.
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I'm hoping Goldman Ballsacks ran out of stolen coins to dump. I'd like to know the total they stole from Risto. Whu? I am not up on this chapter of the Risto saga (bless his tormented soul). I don't think there were ever a lot of details but apparently he wasn't able to verify his account and was stuck with millions in there and no way to take it out. Of course this is the same Risto who claimed that he couldn't pay what he owed to Crypto Kingdom players because all of his paper wallets burned up in a fire, were lost in a flood, and to a robbery (bad week that was), so take all these stories with a mountain of salt.
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It's a long hill to climb, but I would really like to see XMR overtake BSV in marketcap.
Nearly inevitable, the only issue is timing (for the impatient). Do you put more weight on XMR becoming more valuable or BSV becoming more fraudu... ehem less valuable? Both more or less equally.
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It's a long hill to climb, but I would really like to see XMR overtake BSV in marketcap.
Nearly inevitable, the only issue is timing (for the impatient).
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Darkcoin [DRK] death
Was renamed to DASH. Not dead.
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Has anyone tried applying planB's stock-flow ratio model to XMR by any chance? Would love to see if there is anyone with any insight as to how XMR can fit into that model given the perpetual 1% inflation of the currency.
Stock to flow is just one over the monetary inflation rate. Don't get dazzled by the fancy wording.
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I have always supported 5 however I would be ok with 4 since it’s an even number. I don't think odd or even makes any real difference. Wouldn’t it? Because I thought Monero ring sigs were odd on purpose? I've noticed that but I don't know of any good reason for it.
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I have always supported 5 however I would be ok with 4 since it’s an even number. I don't think odd or even makes any real difference.
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Clams sure fell hard since May 26th , but I am happy to see the price now picking up over the past couple of days That peak was likely the result of a single buyer or a small group manipulating the market, probably for the purpose of ripping off Poloniex through their dumb margin system (and given Poloniex's response to it, ultimately ripping off Poloniex's other users). It you disregard that outlier pump CLAM is actually doing pretty well, considering market conditions. It's price in satoshis is actually higher than where it was late last year, which is not the case of a lot of well-known coins like ETH or XRP.
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Wasn't it Risto who made the doc? Since he was keeping a tab on the withdrawals and interest rates.
No, I'm sure it wasn't. It was some player who had been scammed but I don't remember which one.
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I have no idea on B1 and E1 (or M2 or the litany of other items/assets that existed). I tried to access the "Google Doc" that I think Smooth created to see what the claim amounts were, but it is now blocked.
I wasn't the one who created it and i don't recall who did.
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It is true that these fake minting bugs only affect exchanges, but what is to say hackers did not locate a (smaller) exchange / exchanges already and were abusing them this way untill Monero patched up these bugs ? Whats to say these exchanges can even identify such problem occurring or having ocurred on their exchange ?
Then the exchange has incurred a normal business risk for running risky semi-experimental software (all cryptocurrencies, including Bitcoin), partially as a result of the bug, and partially as a result of lacking strict controls and audits on their own operations. But in any case, no new coins were minted as a result of these bugs. Also the article mentions 9 security bugs of which 8 have been patched. Does this mean 1 is still open ? Math would suggest such (although my confidence in the accuracy of cointelegraph 'reporting' is extremely low, for good reasons, so I wouldn't reach any conclusions without a better source). I don't personally know but I would imagine the established process for vulnerability reporting is being carried out.
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This part is wrong. Cointelegraph has been running false anti-Monero propaganda as long as there has been a Monero, although in this case I don't know if the error is deliberate or just careless. I mean how careless can you be before it becomes more likely to be malicious? If you click through the link on that article and read their other article, you find this from the original researcher who discovered the bug: “It is our belief that the vulnerability cannot be used to "mint" real, transactable monero out of thin air.” No new coins were minted. Guaranteed. The bug could only be used to fool an exchange into falsely crediting a users account, not to mint coins. Unlike a previous similar bug, this one is not known to have ever been exploited to fool an exchange at all. (The earlier bug was reportedly exploited, but only after a careless exchange failed to upgrade after a fix had already been released.)
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