New Monero-Only DNM marketplace: https://www.deepdotweb.com/marketplace-directory/listing/libertas-market/I've become somewhat less excited about the potential that DNM's have to push Monero's price. It seems that they are all, at some point or other, congenitally designed to exit scam. Inevitably - and it seems this is already happening - people will get fed up of getting screwed and move on to some other way of obtaining what they want. I'm pretty sure that going to the streets would be more hazardous and not eliminate the risk of getting ripped off. Still not sure why people leave so much money on DMs when the history of scams is so well documented. My guess is vendors limit their liability to an acceptable level, but need to complain when it actually happens. I was thinking more along the lines of decentralized markets like Open Bazaar. |
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New Monero-Only DNM marketplace: https://www.deepdotweb.com/marketplace-directory/listing/libertas-market/I've become somewhat less excited about the potential that DNM's have to push Monero's price. It seems that they are all, at some point or other, congenitally designed to exit scam. Inevitably - and it seems this is already happening - people will get fed up of getting screwed and move on to some other way of obtaining what they want. |
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We have a DUNS number now. I read in #monero-markets.
It's strange that it should have taken so long, but the end result is the same. That's great news. Does this mean that we can take it for granted the lightwallet will be available in the Apple App Store? |
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It helps a great deal if one is able to stop comparing Monero's price to others and wishing it had performed as well as others. The fact is, Monero's ROI for the year in USD is 529%. In any other market that would be unbelievable. In the crypto world it's cause for complaint.
Gore Vidal once wrote: "It is not enough to do well, others must do badly." Let's try and not be guilty of this particular character flaw. Monero has done more than well this year. Let's be happy with that.
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Maybe pick a dead man's pocket or two when the action is far away That mixture of visionaire, computer analist, mad scientist and poet in one quote I hope the computer gave its consent. |
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You know... We lovers of Montero are a lot of things... but good sailors? We are not.
I do believe nearly all the monero coinbase has been lost at sea by this point.
Good thing for that tail emission, otherwise we'd be sunk! (sorry, couldn't resist) Still sticking to your price-doubling-in-two-weeks forecast? Yes sir. Fair warning though: I'm wrong pretty much always. Well, aren't we all? It's just that I recall you saying recently that the major leaps in Monero's price have always (mostly?) been due to external factors (Alphabay etc). I was assuming that you knew of some imminent event that would propel the price upwards. Oh well, I guess not. |
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You know... We lovers of Montero are a lot of things... but good sailors? We are not.
I do believe nearly all the monero coinbase has been lost at sea by this point.
Good thing for that tail emission, otherwise we'd be sunk! (sorry, couldn't resist) Still sticking to your price-doubling-in-two-weeks forecast? |
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Further institutional investment notwithstanding, I have high hopes for Globee. In much the same way that the market reacted to the Monero/Alphabay news, I think it will do the same when Globee announces its partnerships. Real markets with real products and real currency use within those markets is a rare phenomenon within Crypto, though something that they all (purportedly) aspire to. Very bullish in my opinion. |
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And the next level begins. Multi-sig cannot come soon enough.  Absolutely. Multi-sig and a hard wallet. Add light wallets to the mix and both DNM's and Globee will fly. |
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... and 1 XMR should be worth about 30k USD2012
I assume that's last two digits reversed and your crystal ball is saying we can reach this Nirvana by the year 2021...? Or otherwise what's the projected timescale approximately? If indeed 2021...? Then, damn son... that's gonna be quick! Guess I'd better start shopping around for my Private Caribbean Island now, since it'll probably require at least a couple years searching to really find the best one!  I mean constant-value USD as of 2012. It may be 300k USD2021 by the time a long-term equilibrium is reached. I don't speculate on the future value of USD, just XMR That's cryptocurrency dirty talk, right there. I sometimes think that aminorex is the Henry Miller of Monero. |
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There are already specific plugins for Chrome (No Coin) and Firefox (CoinBlock 1.0) to block coin-hive. The adblockers will soon also block the js coin miners by default. Don't really see coin-hive having much traction long term consumers will not stand for it.
One exception might be charities. Visitors to the home page of their favorite charity might well be motivated to run the miner. Leave the miner running in one tab and continue browsing in the others. It's easy for the user, satisfies their moral obligations, and raises money for the charity. it's a win-win. I've no idea of how much is involved but ten thousand browsers running the miner on the home page of a chancer charity would raise a few bucks, surely? If Monero could develop their own miner it could be donated to charities - all proceed go to them with no middle man. "Give to your favorite charity, courtesy of Monero - the private currency. For further information visit getmonero.org" |
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Hmm how could it be "leaked" if Fluffy himself offered to tell more about it for those closer interested in it?
I think it does not matter any more, we are near 60% funding in not even 2 days.
It may well matter, we just don't know yet. Fuck Primer, by the way. <Hueristic> .primer <monerobux> The point is not how much i made, point is fluffy did this on purpose, more than 10 people were in on it. His commit access needs to be revoked asap! So, wait... is this "leaked" document intended to HARM this project somehow?
If it's legit (seems possible to me) it looks great, to me: what's the problem? Why did that have to be "leaked" vs just part of the project explainer?
TL;DR basically to me this looks like it's a project pitch from a marketing and online promotion company specializing in the music industry, i.e. doing stuff like rock bands website, their merchandise and promo sales stuff etc. ..
I would be interested to see what the sales numbers on those sites and would like to see the ROI on this deal. AFA as getting the word out there it is a step in the right direction, I only wish there were more currently relevant bands on there as opposed to the ones there now that really don't have the 20 something crowd. Those bands have more like the 40+ something crowd. UFC is nice though, does anyone know how to find out that sites yearly revenue? I'm going to step out on a limb here and say Slayer and Motorhead are not living off the income from their online merchandise sales. I also don't see why this has to be kept secret as I'm not thinking their is going to be a mad ruck to throw 220 BTC at this deal from many other coins. Maybe ETH as they have money to blow but since they are not a direct competitor only Dash maybe would try to grab that deal. And I have to emphasize the word maybe. Why does it say "Select Client list" who made that list? what is the entire list Evergreen has at their disposal? Anyway how much of the Dev fund is going into this? Also where can we check on the Dev funds accounting? Who actually hold the keys to that fund? It seems that information should be prominently displayed on the Main sites page. I really like this: Collaborate with artist(s) merchandising company to integrate Globee into the artist(s) existing Shopify store. [b]In the
event that this isn’t possible[/b], we will collaborate with the artist(s) merchandising company to design and develop a
mobile optimized, Monero exclusive, stand-alone online store, and integrate the Globee for payment processing. But the bolded concerns me. And I missed the this in my first skim of the proposal. Work closely with G&M to pursue relationships with one or more mutually agreed upon artist(s) that will be[size=120pt] allow us to
create official[/size], stand-alone online store(s) where Monero is the exclusive method of payment. Initial artist targets
include:
Iron Maiden, Ghost, Slayer, Motley Crue, Mariah Carey, Motorhead, Wiz Khalifa, Lil Wayne, and Five
Finger Death Punch
. None of the Dev fund is going into this. This is funded by an entirely separate FFS proposal - it's not taking money away from something else. That said, if it's profitable, any profits returned will be going into the general Dev fund. I think the big opportunity here is further integration into the rest of the Shopify platform - or at least more of it. That's a huge win for Monero. My impression is that FP shared this RFP with some people who wanted more information. One of them leaked it. It's not terrible, but it's not necessarily helpful. It doesn't reflect well on FP, though it's not his fault. To the extent that this could be a game-changer for Monero, any kind of leak until it's in place and properly integrated is unhelpful. |
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Fluffy said that some items offered by the merchants would only be purchasable with XMR.
Yes, but these tend to be drugs and other illegal products/services. Things I tend to avoid and things that also harm Monero’s reputation.
Not to say that Monero doesn’t have legitimate uses, but most all of them that are legal and ethical will probably accept Bitcoin too.  These merchants aren't drug dealers, for heaven's sake. That's the point. They're legit merchants of anything and everything. Monero has as many legit uses as any currency, including Bitcoin. |
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Hmm how could it be "leaked" if Fluffy himself offered to tell more about it for those closer interested in it?
I think it does not matter any more, we are near 60% funding in not even 2 days.
It may well matter, we just don't know yet. Fuck Primer, by the way. |
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This is why we can't have nice things. |
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By what measure, would you say, could it be deemed a failure?
Assuming that the funds are generated and that the project goes ahead i.e. that these global companies offer Monero as a currency, I think that would, in a big way, be a success. Whether profits are ever generated sufficient to either recoup Globee's investment and/or the Monero community, is another matter. From a purely trading point of view, I think such an arrangement (depending, of course, on just how big and 'global' these companies truly are) would generate tremendous publicity and speculative pumping.
I think the danger(s) might well be:
a)The project never gets off the ground despite raising sufficient monies
b)The companies involved generate little excitement among users
c)FP's reputation (and therefore, to a degree, Monero's) is compromised by his wearing two hats which might be in conflict with each other.
There are a million ways the money being asked for by one of Monero's core devs to help fund an initiative for a company he owns (in part?) would not show a ROI for the Monero community. item a) above is certainly one. Or if development starts and then stops. Or if the community perceives the mystery partner to be much less exciting than what we are seeing pitched. Or something goes south in the relationship between any of the 3+ actors involved. In this case it is not just the ~450k USD at stake, but the reputation of the project to some extent. I might be perceived as a naysayer, which I am not... not that I really care how I am perceived, but I do think it is both a very exciting sounding possibility for this project, but I also see it as a risk as well... I think it is worth considering the risk factors. You're right - it is both risky and exciting. What is curious is that FP must have weighed this issue. Whatever other criticisms people may have of him, I believe he's always put the interests of Monero first (at least insofar as he sees them) and has never tried to pump it. As we know, his mantra has always been 'use it, don't invest in it'. In that sense, the Globee project aligns well with this - it's purpose is to enable Monero to be used as a currency. Outside of the DNM's this would be the first major commercial use-case for Monero. That said, he has quite clearly nailed his colors to the profit mast here - his 'sell' to the community is that Monero will go up in value should this enterprise succeed. That's a risky claim to infer and one he has never made before. At any rate I suspect in future we may see a lot less of the old laid-back, t-shirted "I'm a scammer" Fluffy Pony and more of the serious, besuited Riccardo Spagni. Plus ça change. |
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I hate to bring the other side of the coin here but it needs to be considered.
I agree with this analysis, and I am excited in general. And have donated more than I have to any other project so far.
But if the deal goes south, or this fails becaused of any reason it will deliver a SERIOUS blow to the image of Monero. I hope they know what they are doing.
Asking the community for 4500XMR (currently nearly a half mil USD) and then not delivering would be devastating image wise.
You're right, there's always downside-risk to anything *but* I don't feel like it's quite as bad as you're thinking. If it fails, the failure will likely be mostly limited to being visible to the Monero community: I mean, if the project flops then by definition it sort of means nobody outside in the real world saw it or benefitted from it, right? So what the world is unaware of at all, cannot damage their perception of it... The upside of positive visibility to the world-at-large, versus risk of the downside of "yet another marketing failure" (*cough*Jaxx*cough*) to be endured by the long-suffering but still relatively tiny Monero Community seems pretty acceptable to me. Also keep in mind that this is "just" 450000 bucks today ... i say just because yeah it sounds like a lot... but alone all those steps to do the legal stuff, integration, development of tools is pretty cheap for 450000 ... and we didnt even consider the PR effect alone this could bring ... be it a retailer for slips, shoes, pampers or used condoms :p 450000 $ is a joke for good marketing It's actually $900,000. $450,000 is the amount required of the FFS. |
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If Fluffy's new Monero project for Globee gets funded and succeeds as they hope, it'll go a long way towards erasing any lingering bad juju anyone may have for his little inadvertent pump & dump prank earlier this year.
I'm gonna pitch in a couple moneroj later today: this kind of thing "more marketing" is exactly what the naysayers have been naysaying for-frikkin-ever that Monero does not have, but NEEDS more of.
So at the very least, this project ought to shut them up a bit LOL
I hate to bring the other side of the coin here but it needs to be considered. I agree with this analysis, and I am excited in general. And have donated more than I have to any other project so far. But if the deal goes south, or this fails becaused of any reason it will deliver a SERIOUS blow to the image of Monero. I hope they know what they are doing. Asking the community for 4500XMR (currently nearly a half mil USD) and then not delivering would be devastating image wise. By what measure, would you say, could it be deemed a failure? Assuming that the funds are generated and that the project goes ahead i.e. that these global companies offer Monero as a currency, I think that would, in a big way, be a success. Whether profits are ever generated sufficient to either recoup Globee's investment and/or the Monero community, is another matter. From a purely trading point of view, I think such an arrangement (depending, of course, on just how big and 'global' these companies truly are) would generate tremendous publicity and speculative pumping. I think the danger(s) might well be: a)The project never gets off the ground despite raising sufficient monies b)The companies involved generate little excitement among users c)FP's reputation (and therefore, to a degree, Monero's) is compromised by his wearing two hats which might be in conflict with each other. |
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