Actually we're not trading sea-shell for seashells.And it's not a club but nice try making it sound cutesy. It's a movement that making waves. You should sea for yourself. My friend Shelley gets paid completely in the  damn things (be it you may not see it for yourself) but it actually does take place more often than you think. She sells sea shells for all sorts of things and I buy them with silver coins, or sometimes brass or nickel shavings. I even traded a handful of Lealanas for an exquisite specimen one time. My other buddy Tom trades them too. He's a carpenter who recently lost his wife and found himself unable to work after breaking both arms in a snowmobile accident.  so he'll chuck me a few shells in exchange for me polishing his wood or sanding things down.

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Seashells did indeed stop being used as a common medium of exchange long ago. Much like silver standard being abandoned almost a century ago. People moved onto something different.  I wish we still had metal backed money and I hold some physical PM's, and asset backed PM's on the blockchain more for novelty than wealth preservation or bc I'm a disaster prepper silverbug.  I can't say with a straight face that they are generally accepted or in general use in day to day life, just like bitcoin.

if the case is that only two people agree on a medium of exchange- then it becomes labelled as a currency, then how is XMR a currency and ETH, not? (As claimed above) How are seashells not a currency when me and my friends always trade cowries. Why won't starbucks or anyone for that matter let me buy shit with these shells?

I give up. WHO is Honey Badger ?

Any relation to Winnie The Pooh?

Thanks. You are correct and what I wrote is wrong, hashrate is not on a declne.


I get what you're saying. we cannot instantly jump into the second and third phase. I do remember a time,  when btc was not even in a speculation phase, there was no incentive to hoard/and speculate on price changes. In fact there was no price feed to speak of. . It took time for anyone to offer any goods or services after slashdot runup, new liberty feeds etc. first it was no more than digital goods, then tea leaves offered, then alpaca socks. Today we have clearly made some progress.

I have held XMR , and followed early antics, prior to current teams coup of project from T_F_T when it was bitmonero. Don't currently hold any right now. It's one of the few and far between genuinely interesting projects, which is obviously not a scam. But IMO it has stuck too long on tier 1 without advancing, to seriously imagine it will fulfill 2 seriously, much less tier 3.I think most alts have a finite amount of time to grow rapidly, and if they fail to innovate and grow, we see stagnation followed by occasional boom bust cycles when the project either has incredibly good news, or manipulators see money making opportunity and everyone else jumps on bandwagon, or more rare external factors driving users to safe haven.




Are seashells not money/currency...lol  
they've also been used for thousands of years but unfortunately if you walk around the city with a handful in your pocket expecting to get lunch you're going to end the day hungry. Things change.

As far day to day menial human activities are concerned in 2016 (at least for myself) GOLD, SILVER, PLATINUM,  PALLADIUM, BRASS etc are not a currency, but a commodity. Sorry but Silver is not a system of money in general use in a particular country nor is it generally accepted or in use

The only people I know of that think of how much product they can buy using shiny metals are crackheads stealing copper cable.

You have to swap PM's for fiat to do anything useful. it's not a  fluid process. Commonplace activities like buying groceries, paying bills, etc are not possible with metals, how can it be a money?

Says you.  But I don't think crypto is going to have anywhere near the importance of the internet.  And if those poor endangered Arabs need anonymity in their currency for some reason there is always fiat.  What is it you think these people are risking their lives to finance?

There's no altcoin yet that has cost someone their life, and you are attributing an importance to cryptocurrency that it does not deserve, sir.  Yours is an extremely inflated claim.

Not to be pedanticand dig up a huge debate here.. but the traditionally understood definition of currency in modern lexicon is here:


I see how monero fits the properties of an electronic cash.  but the reality is- even less people use it than bitcoin
If Starbucks will outright refuse your sweet Moneroj 'currency' in exchange for a spiced pumpkin latte(because they don't know what a cringe signature is, and think a blockchain is something you erect in your backyard) perhaps what you have, isn't really currency..yet

Zcash despite the planned dev min and serious setup security problems is a much more credible threat than ETH for XMR right now.

The rise in Ethereum has in my opinion as much to do with Bitcoin's problems than with Ethereum itself. The market is looking for an alternative to Bitcoin. People are looking for alternatives that do not have "the problem" https://bitcointalk.org/index.php?topic=1388381.0. Ehtereum is not an alternative to Bitcoin, simply because it is designed to do something else entirely. It is Ethereum 1.0 not Bitcoin 2.0. Monero on the other hand does not have "the problem" and is designed from the ground up  as a possible replacement for Bitcoin, so it could be called a true Bitcoin 2.0 coin. The market of course will have the final say.

I don't see that as a competitive advantage for ETH relative to XMR.  All the things that make ETH valuable are actually impediments to fungible liquidity.  At the moment XMR is benefiting from BTC hedging on fear regarding blocksize controversy, and on diversification flows from ETH profit-takers.  But those effects will blow past as the events recede.  The long-term value proposition of XMR is currency, and is quite unrelated to that of ETH. They just aren't comparables. ETH is a platform, not a currency -- by design is profoundly ill-suited to use as a currency.  You don't buy stuff with CPU cycles.  You don't keep your savings in AWS units.  

Stop using credit/debit card and pay in cash always.
Make yourself a track where your every dime goes, then make a budget.
Then simply figure out how you can safe in your expenses (perhaps eating out once a month instead of weekly, eating more veggies which tend to be cheaper and healthier per kilo than meat, not eating candies/junk, not drinking soda etc.).
My expenses are very low, rent is 20-30 % below market rent (I am renting in Helsinki where the rental income is only 3-4 % and buying appartments for investments with rental yield of 10+ %), I am paying for my breakfast + lunch only 3-4 euros/day and I still think I could safe even from that because for the sake of convenience I am using certain Finnish shop that is pretty expensive.
Then you see how the money starts to pile slowly to you... In real estate investing it is crucial to be good at managing money. It is a skill which everybody can learn and become better and better all the time.
Living frugally today means you are wealthier tomorrow.

0.6BTC

Three fat fucks yelling and babbling incoherently having a fratboy party with fist bumps and childish behaviour for half an hour.
One of the fat fucks is smack talking Evan for having red hair, which is a very mature, compelling argument against the project, the other outright dismisses it for its marketing w/o any actual reason and the third fat fuck is a food critic (figures) turned developer w/o credentials concern trolling about people losing their lives and yet here we are with nobody of them able to de-anonymize this simple transaction:


This video is another disgrace to Moronero and those idiots should be ashamed of having their main dev displaying himself like that. Pathetic.

De-anonymize DarkSend or shut the fuck up, faggypony.

Forgot to mention ZCash stole the cash part of the name from Dash - Digital Cash. They've called their coin Zerocoin initially but figured Dash, Digital Cash is a better name and basically copied the idea.

Moner's trying the very same, to ride on the coattails of Dash, having designated trolls spreading bullshit in that other Dash thread. Really stinky tactic if you ask me.

Monero is obviously doing that because it can't stand on its own two feet and on its own merits. Very desperate the way Monero's acting, seeking attention like the most desperate attention whore or like some abused toothless crack-whore looking for her quick fix, ready to get down on her knees and please. You are a really sad bunch, aren't you?!