Bitcoin Forum
May 27, 2024, 09:21:00 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 [84] 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 ... 510 »
1661  Alternate cryptocurrencies / Speculation (Altcoins) / Re: DASH Collapsing Monero UP on: July 15, 2016, 02:14:13 AM
Over the last month Monero has broken out over and held up at 0.003, while Darkcoin tested and failed to maintain 0.021.  
Oh look , a guy with a Monero sig is bashing DRK while promoting Monero - shocked.

Thanks for reminding me of that post!

Over one year later, XMR is again at 0.003 BTC, while Dash-coin has suffered tremendous setbacks and can barely maintain 0.01.

That's what happens when Dash gives up on trying to keep apace with the latest Bitcoin tech, such as RBF, CPFP, CLTV/CSV, and SEGWIT.   Grin

Monero is approaching 50% of Dash's market cap.  Months ago, I told you this diffusion would intensify.   Wink

And we don't yet even have our GUI, nor killer features like RingCT and Kovri.

Listen to what the market (not just "a guy with a Monero sig is bashing DRK while promoting Monero") is telling you.

The market is screaming in support of the "DASH Collapsing Monero UP" investment thesis.

I told you this back in March of last year.  And you try to hold that against me?  Who are you trying to fool?   Cheesy
1662  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: July 14, 2016, 10:23:13 PM
Code:
The GUI is currently functional for sending and receiving, some stuff like advanced options have to be finished but if you guys want you can already try and compile it from ilya´s github.
Source

Do you think it will affect on the price? Demand need to be sourced from somewhere. Some bigger guys need to buy in to collect the loose coins from the weak hands.

Yes I do. I think there is a significant non-technical crowd we can cater to. People who been stuck in less optimal coins such as dash. It will allow all the moon kids to jump on board. Perhaps not the best crowd to have on board you may say, but a small technical crowd like we have in monero just doesn't cut it. We want to grow big, but we are only so many. If we have learned anything from watching shitcoins, it's that there is power in numbers, a swarm of people can spread the word a lot faster than a few big whales can. I hate to be the guy to say this, but the moon kids can actually serve a purpose if we want the attention we deserve. I am tired of monero, the best coin when it comes to anonymity, being consistently ignored by big voices in this space.

There's a second reason I think it will affect the price and that's getting monero out of the exchanges. Very many have left their moneroj on the exchange because they're not comfortable with cli. Trust me, it's a lot easier to dump when all you have to do is click sell versus digging the coins out from cold storage. This will result in less selling pressure.

Absolutely correct, the GUI will close the awareness <-> adoption feedback loop.

It's definitely less fun using the CLI when your attention is being consumed by a market event significant enough to require cold wallet access!   Tongue

Good point about moon kids, they may not be deep pockets but the noise they make may get the attention of actual whales.

Remember how Roger Ver evangelized Bitcoin to the libertarian and Silicon Valley communities?

He became Bitcoin Jesus by bridging the gap between the tiny, poor cryptonerd community and the myriad, wealthy individualist tribes.

We need the equivalent (less the respective martyrdoms) to spread word of Monero to the financial sovereignty crowd, a Monero Buddha!

That requires a battle tested GUI, as many political/financial users will glaze over at the sight of a CLI.

How long is required for the GUI to accrue Lindy effects?

Would a hefty bug bounty accelerate the process?
1663  Alternate cryptocurrencies / Altcoin Discussion / Re: Could Steem be the Next The DAO? on: July 14, 2016, 07:42:40 PM
All your Monero conspirators like Smooth and FluffyPony are out pimping of Steemit... can you be far behind?

DashHole scammers like TheDashGuy and spammers like tungfa are also using Steem... can you be far behind?

(Now do you see how completely fucking idiotic your lazy guilt-by-association approach is?)
1664  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: July 14, 2016, 07:29:16 PM
The BTC halvening was instructive in terms of buy rumor/sell news "catalyst" dependent forecasting.

It hasn't happened yet.  It took a year from the first halvening to the 100x spike.  This one will be quicker, maybe 6 months, but smaller in factor.

Quote
hot money/speculative interest has already priced-in and front-ran future demand from slow money/instutional sources

Disagree: It is simply impossible to efficiently front-run a massive inflow of value. The current bottleneck is too narrow. Efficiency will only arise after the bottlenecks have been removed.

I thought that's what you'd say. Smiley  Ridiculous premiums on GBTC indicate you may be correct.

But the "current bottleneck" isn't comparable to those existing at the time of the first halvening.  Back then there was no Kraken/Coinbase/Bitfinex/Gemini for accredited investors, nor mature derivative markets for playing with leverage.  And the 100x spike must have motivated at least a bit of halvening front running.

Getting back to XMR, I've identified a high profile, well-networked potential endorser: Jacob Rees-Mogg.

In a case of strong synchronicity, I came across his highly entertaining Brexit activism the night before being reminded his father anticipated Bitcoin Monero being used to "declare monetary independence" (IE financial sovereignty).

https://www.reddit.com/r/Bitcoin/comments/4sadn4/bitcoin_prediction_from_1999_in_the_book_called/

The Sovereign Individual is an excellent tome and I'm pleased to see it coming back in vogue!

Aside from politics, JRM has an investment firm, Somerset Capital, following in Dad's footsteps at The Zurich Club and Fleet Street Letter.

Any ideas on how to approach these Strategic Investment types, explain why Monero is the cybercurrency Lord Rees-Mogg was waiting for, and get some of the $6.8bn they control working within our market cap?

Shall we deploy Fluffy to Hard Asset Conferences?  Maybe it's better to let them discover XMR organically, instead of pushing to make it happen.

But after the unseemly debacles with Olivier Janssens, Roger Ver & Team KryptoKit, etc., I believe we need a better class of Professional Libertarians around here.   Cheesy

The entrance to that rarefied rabbit hole may be here:

http://sovereignsociety.com/faqs/
http://thesovereigninvestor.com/privacy-invasion/say-goodbye-fourth-amendment/

This crowd is really into "Ultimate Wealth Protection" so XMR is going to delight them!   Cool
1665  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: July 14, 2016, 06:00:02 PM

Psychologizing and pathologizing disagreement is a hallmark of the Cultrual Marxist and Soviet tradition.

When you can't argue the facts, attack the source!

Just like your role models in the pay-to-play Scientology cult.

https://en.wikipedia.org/wiki/Political_abuse_of_psychiatry

The logic of " Cry  But-But iCEBREAKER doesn't criticize *EVERY* scamcoin in existence, so it's TROLLING when he attacks mine!  Angry" is exceptionally faulty.

I love it when DashHoles wave their hands, bleating nonsense equivalent to "Nobody listen to iCEBREAKER or DNAELOR, they are CRAZY MEN!"

Flak like that confirms we are over the target, getting under their skin, and drawing blood.   Cool
1666  Alternate cryptocurrencies / Altcoin Discussion / Re: Could Steem be the Next The DAO? on: July 14, 2016, 05:24:50 PM
Steem is more likely to be the next Teh DAO.

The model is demonstrably broken and open to Sybil/social gaming.

I see self-referential circlejerking astroturf content like GetRichRightMeow Steem pumping and DashTheGuy's scammer hype earning rich rewards, while actually useful, dispassionate factual commentary is considered worth much less.

You won't find anyone more pro-market than I, but this thing smells wrong and is obviously overheated atm.

And the (presently failing) web site is centralized?  OMG, get on zeronet.io FFS.

When it all ends in tears, I'll be in before the Spanish Laughing Man parodies!   Cheesy Cheesy Cheesy


Oh wait, this thing can royally fuck Reddit and drive them out of business?  Great, I'm in!

*creates account, submits "How Spanish Laughing Man Made $10k on Steem" article*

*profits*
1667  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: July 14, 2016, 05:00:19 PM
Since price has lost its momentum, I don't expect much to happen until there is a catalyst.  The most likely catalyst is a BTC rise front running the u.s. regulated market listings of winklevoss and solidx, but XMR software developments are also worth following.

Bitcoin trust listings should result in gigantic inflows for crypto.  All the alts will gain on that, but XMR much more than others.  Solidx players already hold some XMR, and will probably seek to add for diversification out of BTC after gains associated with the listing.

We are building a base now.  It is the perfect time to accumulate, because risk is unusually low, and all the catalysts are favorable.  Brexit served us well.  Central banks are printing like never before, and likely to add more.  U.s bonds and stocks are all at nose-bleed bubble highs, so that the downside risk is far greater than the downside risk in high grade crypto like BTC and XMR.  Productive commodities are suffering from demand destruction, but monetary metals are prospering, and so too is investment grade crypto.  Just as gold is retrenching now, so too is XMR.  Just as gold is destined to rise into Autumn, so too is XMR.

I didn't sell in May and stay away, so using the hectic gyrations around 250k was able to grub a few more BTC worth of precious XMR.

Now I'm just hloding on for dear life, paralyzed with terror of upward FOMO and downside risk.   Cheesy

The BTC halvening was instructive in terms of buy rumor/sell news "catalyst" dependent forecasting.

IE, those of us assuming the market was sufficiently efficient to price-in the Event were correct.  And IMO the same logic goes for trust listings (the thesis being hot money/speculative interest has already priced-in and front-ran future demand from slow money/instutional sources).

But IDK if that analysis is applicable to XMR.  Is its comparatively tiny market mature enough to look far enough down the road to see XMR ETF/ETN effects?  On the "yes" side, we do know Mustangs are exceptionally brilliant and possess extraordinarily low time preferences....  Cool

BTC already had a previous halvening under its belt, but XMR never had an Official GUI.

I'm just going to keep watching https://github.com/mbg033?tab=activity and watching the support build at 300k/$2.   Tongue


I have reached my limits in buying Monero already.
I have no need for extra Moneros.

Translation: "I want to buy more Moneros, but with less competition from you meddling kids!"    Grin
1668  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: July 14, 2016, 01:56:56 AM
quite a few commits today in the repository

Ilya in full beast mode.


1669  Alternate cryptocurrencies / Altcoin Discussion / Re: Why the darkcoin/dash instamine matters on: July 14, 2016, 01:34:35 AM
This thread has been linked by https://news.bitcoin.com/bitcoin-decades-ahead-altcoin/

Quote
in many cases altcoins tarnish the public image of cryptocurrency. You can see this by merely observing the pumpers and shills trying to beat Bitcoin by using any means necessary. This includes attacking Bitcoin core developers, scamming people, instamines, fraudulent claims, and outright shady activity throughout their illusionary communities.

By reinforcing the public's stereotype of Bitcoin=Ponzi, Dash's scammy instamine makes all crypto look bad.

Shame!   Angry
1670  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: July 14, 2016, 01:12:36 AM

The first part of ignoring someone is to ACTUALLY ignore them.

Posting about [X] != ignoring [X]


But we know the Evan's Gate cargo cult has never been above attacking-the-attacker, like a (slightly) cheaper version of Scientology.

Meanwhile, /r/Dashpay deletes constructive fact-based criticism for no apparent (nor objective) reason.

https://steemit.com/bitcoin/@dnaleor/warning-dash-privacy-is-worse-than-bitcoin


You guys really don't like the fact that Bitcoin CoinJoin/Shuffle mixers have vastly more organic liquidity than Dash can create artificially.

That's just too bad.  SFYL.   Smiley
1671  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: July 13, 2016, 08:41:54 AM
Ahhh
Hmmm
must have been one of these "really interesting posts" right  Wink


[In other words, I care *a lot* about what iCEBREAKER posts.]

The first part of ignoring someone is to ACTUALLY ignore them.

Screencapping your glorious denial of fixation, uploading it to image hosting, and posting about it DOESN'T COUNT AT ALL.   Wink
1672  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] IPO of MaidSafe:  Entering the Future of the Decentralized Internet on: July 13, 2016, 08:00:01 AM
Test 26, year 2018
MAID price still the same.
KEK

20 years of development that's quite an accomplishment even the mission to the Moon was a mere 8 or 9 years in the making

10 years of testing, yet still in (pre) alpha.

Fake buy wall is gone.  MAID cannot hold keeps head above the 10k satoshi benchmark for long.

Time for MAID to return to the 5k shitcoin price it came from, before all this recent "MVP" hype.
1673  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: July 13, 2016, 07:37:11 AM
you need to read the white papers

Which white papers?

You mean GMAX's CoinJoin proposal, or did Duff "improve" on it in some obscure DarkSend paper I'm not aware of?

Perhaps you mean the original GreenAddress research, which Duff appropriated as "InstantX?"

Dash hasn't had a professional security analysis since the age of Darkcoin.

All the crufty new "features" added on since then (DAO, etc) have introduced several square parsecs of additional attack surface.

As to "But Muh COLLATUREL!!11!1"

1. Masternode payments decrease the cost of an adversary's offensive
2. In the (*COUGH CRYPTSY COUGH*) event a large amount of Dash is stolen, your trust in "MUH COLLATERIL" backfires, working against you harder than it ever could in your favor.
1674  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: July 13, 2016, 06:37:30 AM
Seems like btc newcomers have all started mining Monero... ATH difficulty, 303xxxxx
Price is way to low for the new hashrate... I'm beginning to worry its actually coming from botnets...

I'm beginning to think a lot of the hashrate comes from what I call "benign botnets" or what some have called "evil sysadmins". I know of at least 2 individuals that have popped up on IRC asking for help with setting up such operations. if there are 2 people that find their way to monero irc to look for help because they don't know what to do.... that means there are probably a sizeable amount of sysadmins that do know what they are doing and do not need to show up at monero IRC asking questions and therefore are just happily mining away with otherwise idle computers that are severely understressed with their MS office and Edge workloads.

Please GingerAle, "evil sysadmins" is such a pejorative term.

The preferred nomenclature is Bastard Operator From Hell.   Cool
1675  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: July 13, 2016, 05:00:47 AM

the official release of the GUI wallet



1676  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: July 13, 2016, 04:57:42 AM
Good Lord Icy, you're really such a shit, you know? (I know, I'm in the mood to compliment today) Please read the wiki on Zooko's Triangle, I quote " Several systems which exhibit all three properties of Zooko's triangle have now been created, including: " etc... look it up to see these systems.  You can add Dash to it by the way - Duffield and many others have broken this stupid short sighted "rule".

And toknormal is absolutely correct.  The blockchain is NOT secured by math, the math performed is only a form of competition for the right to secure the blockchain.  The way Dash secures the transactions instantaneously is just as secure because the selection of the quorums are dictated by the hash of a previous block, which collects 10 MNs that meet with certain requirements based off of that block hash.  These requirements are designed to randomize the selection further.  If the transaction is accepted, then it is locked.  If any miner tries to include a different competing transaction, that block is rejected.

By the way, I wish we knew who you really are, because I'd love to see Dash sue you for slander and defamation... on all of our behalf!  Especially the deep pockets you work for.  Man, we need to start some serious investigating Smiley

Oh, be nice!   Smiley

I read up on Zooko's triangle in 2011, during my efforts to support Namecoin.  But you don't know that, because you didn't show up until several years (epochs of Bitcoin time) later.

Pointing out toknormal's idiocy (in the form of fraudulent self-serving assertions) doesn't make me a terrible person nor amount to "slander and defamation" (it's adorable how you for the sake of puffery cluelessly conflate the redundant former with the inclusive latter term).

One does not simply break Zooko's triangle.

If one desires to make such an extraordinary claim, one must also provide extraordinary evidence (usually in the form of a peer-reviewed, mathematically exhaustive whitepaper).  Dash has done no such thing, thus you have zero basis to dispute (much less condemn) my healthy skepticism.

The blockchain is NOT secured by math

 Cheesy Grin Cheesy Grin Cheesy Grin Cheesy

Did you learn that True Crypto Fact at toknormal's Academy for Gifted Domestics?  You've really gone up the Duff with that howler!   Wink

You and toknormal should be the founders of your own Armchair Cryptographer think tank!   Tongue

FYI, your precious "quorums" are intrinsically susceptible to Sybil attack, and more so due to the Masternode HYIP scam, which (bizarrely and inexplicably) *subsidizes* adversaries by reducing their (opportunity) cost per offensive.
1677  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: July 13, 2016, 02:27:13 AM
A system cannot simultaneously be Decentralized, Secure, and Instantaneous. You can only ever pick two of those three properties

Well I just realised realised that "Instant"X actually takes around twelve million times longer to execute a transaction than the processor bus on my 2009 -would'nt-pull-you-outta-bed MacBook pro.

The MacBook's processor bus is obviously centralized, yet you are shocked and delighted to discover its instant transactions!   Cheesy

Aren't you the (infamous laughingstock) guy who said there's no crypto in crypto currency, and more recently spouted this "complete nonsense?"

Quote from: toknormal
when defenders started citing "math" as the basis for its security I knew it was a scam since blockchains are not secured by math

Duffield has not broken Zooko's Triangle with This One Weird Trick.  The rumors you spread to the contrary are a form of fraud.

Stop trying to defraud potential greater idiots.  Your attempts to bamboozle them with dubious, impossible claims of "Instant+Secure+Decentralized" don't fool anyone with a background in computer science.
1678  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: July 12, 2016, 11:28:26 AM
InstantXploit? Cool Name, No Threat

InstantX will be broken, if Dash is ever worth bothering to attack.

Why?  Because

A system cannot simultaneously be Decentralized, Secure, and Instantaneous. You can only ever pick two of those three properties.


Also amusing:

Quote from: TheDashGuy

 Cheesy
1679  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: July 11, 2016, 08:57:33 AM


 Grin

Avoiding a trainwreck, I sold my ~10 free ETH trading profits and donated the proceeds to Monero's dev fund.

I wanted to believe, but this is the coup de grace:

https://www.reddit.com/r/btc/comments/4s87vq/aquentin_describes_15_million_in_ether_holders_as/d57fdgf

Quote from: pb1x 8 points 5 hours ago

If they do go ahead with the bailout, they are going to get the worst of both worlds: the uncaring brutality of a blockchain with the petty arbitrariness of a system controlled by people instead of math

I agree that the marketing they are using now looks wrong. Someone tried to adjust it on their open source web page repository but they won't allow that marketing to be changed, they rejected the pull requests updating it

If people value bailouts, they will certainly not value bailouts made arbitrarily, with the appearance of collusion and support of the Ethereum developers, who were also invested in the DAO and went against the espoused principles you mentioned to make an exception in this case.

Many people are used to bankers and governments having a tight relationship that is used to enrich themselves, so maybe they want to replicate that experience in a crypto-currency. Personally I think that corruption itself will lead to eventual failure.


Sorry Nick, but ETH and (by voluntary association) DAO are now the too-much/too-soon Webvan of smart contracts.   Embarrassed
1680  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: July 11, 2016, 08:30:28 AM
Buy/Sell ratio 
ltc 0.39 
bts 0.21
monero 1.00       

I would select  monero to invest, speculate though the bid/ask book is a lie.
Monero huge bid order support price stable, during it is in the bid book.
I think XMR could be 3~4$ with the ratio 1.0

My friend, I like the way you think.   Smiley

Please remember to tip the devs that are making Monero ever more valuable!

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

"It's not charity, it's dividend reinvestment."
Pages: « 1 ... 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 [84] 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 ... 510 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!