We don't even have competition that's worth worrying about.
Um what? Need i really point out the elephant in the room? Monero... I mean don't get me wrong, i don't care which wins because i own both. I'm just saying. I'm glad you bought some! It was hard considering all of my shadowcoin related posts that were suspiciously flagged for deletion, but I've learned not to be so principled when it comes to investing. Hopefully the devs don't have anything to do with censorship and hopefully they do some good work. Its a long shot but all things considered in totality, I judge this to be a positive expected roi project.  lets see if this one gets deleted  |
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We don't even have competition that's worth worrying about.
Um what? Need i really point out the elephant in the room? Monero... I mean don't get me wrong, i don't care which wins because i own both. I'm just saying. I believe Shadow is the tortoise and Monero is the hare in this instance. Time will tell. Doesn't matter to me who wins that race. But im just saying, don't pretend like monero doesn't exist and isn't real competition. That's just silly. |
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We don't even have competition that's worth worrying about.
Um what? Need i really point out the elephant in the room? Monero... I mean don't get me wrong, i don't care which wins because i own both. I'm just saying. |
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Looks like a giant sell off, perhaps this denotes that the peak has past.
For now...
I put a buy order in at 0.00302 just in case. But I'm not counting on it. That giant sell order doesn't seem to reflect general sentiment. I think the only thing most xmr holders are feeling at the moment is vindication, not opportunistic. I could be wrong though, what do you guys think, are you feeling like taking some profit? |
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A very nasty looking head and shoulders there...  I'm no chart genius, but... ... ... This big market buy that just happened broke that pattern, didn't it? |
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Just to give some counterbalance. I deposited nxt at poloniex and for some reason it didn't credit to my account. I sent them a message and had a reply in less than 10 minutes. The problem was rectified in a couple of hours. I was really impressed with the service.
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how large is the blockchain atm?
2.5gb raw, 5.5gb demoralised on disk (LMDB), no clue what the in-RAM size is atm but probably between the two tending towards the LMDB version tx fp |
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how large is the blockchain atm?
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Did you contact Poloniex about that issue? If it bothers you so much, why don't you ask them what they are gonna do with the unclaimed funds?
That is not how the world works, when you catch a scammer scamming, you tell them what to do not vice versa. I was hoping the community comes up with an unanimous decision before forwarding instructions to polo. I woke up one day with 100$ cash in my pocket that I have no idea where it came from - Am I a scammer ? You know very well where it came from - your friend got wasted last night and put it in your wallet instead of his. YES YOU ARE A SCAMMER.. What is your problem guy. It says very clearly "You MUST send your deposit using the unique Payment ID below. Failure to do so may result in the loss of your deposit." Just follow the instructions. How hard is that? If anyone loses their coins that's their fault. Its not polo's responsibility to do a ridiculous amount of work to figure out whose coins belong to whom if they are deposited without an id. And no one else has a higher claim on those coins than polo so they may as well keep them. |
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No, this is the only thing i dont have  , the most important thing i have is my son. Dont get me wrong Cfb, your realy a great coder and someone who is active creating and working in the szene, but the way you are collecting informations is great entertainment, thanks for that  . You also seem to get me wrong. NEM is a bishop in my chess game against the state. I'm analyzing it for flaws trying to transform it into a rook or even a queen. My intentions are not altruistic, but they are not about money. You're not going against any state.. We are all fighting back against the state here. That's what this crypto currency movement is all about. Unless you are just looking for a quick buck or cheaper payment processing. |
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No, this is the only thing i dont have , the most important thing i have is my son. Dont get me wrong Cfb, your realy a great coder and someone who is active creating and working in the szene, but the way you are collecting informations is great entertainment, thanks for that . You also seem to get me wrong. NEM is a bishop in my chess game against the state. I'm analyzing it for flaws trying to transform it into a rook or even a queen. My intentions are not altruistic, but they are not about money. CfB is secretly  |
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can someone explain to me what i am looking at?
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Curious, does Obama passing this new crazy Gestapo law have any affect on Monero?  These types of laws are just going to increase use cases for Monero, etc. and increase BTC mixing sites. (Taken from reddit) http://www.reddit.com/r/Bitcoin/comments/31443f/donating_to_snowden_is_now_illegal_and_the_us/Donating to Snowden is now illegal and the U.S. Government can take all your stuff. - Thanks Obama."Sec. 2. I hereby determine that the making of donations of the type of articles specified in section 203(b)(2) of IEEPA (50 U.S.C. 1702(b)(2)) by, to, or for the benefit of any person whose property and interests in property are blocked pursuant to section 1 of this order would seriously impair my ability to deal with the national emergency declared in this order, and I hereby prohibit such donations as provided by section 1 of this order.
Sec. 3. The prohibitions in section 1 of this order include but are not limited to:
(a) the making of any contribution or provision of funds, goods, or services by, to, or for the benefit of any person whose property and interests in property are blocked pursuant to this order; and
(b) the receipt of any contribution or provision of funds, goods, or services from any such person."
Sec. 7. For those persons whose property and interests in property are blocked pursuant to this order who might have a constitutional presence in the United States, I find that because of the ability to transfer funds or other assets instantaneously, prior notice to such persons of measures to be taken pursuant to this order would render those measures ineffectual. I therefore determine that for these measures to be effective in addressing the national emergency declared in this order, there need be no prior notice of a listing or determination made pursuant to section 1 of this order." ... aka, they can take all your stuff without due process instantly if you have "constitutional rights" in the US (wow).
The rabbit hole is deep people. This is almost as bad as the patriot act... a national emergency LOL what a joke. I pray that non of you donated to Snowden using Coinbase or any other bitcoin platform that keeps your identity on file source - https://www.whitehouse.gov/the-press-office/2015/04/01/executive-order-blocking-property-certain-persons-engaging-significant-mLook at that ridiculous use of "I" and "my". He really does think hes a king doesn't he. Also be careful of your language. When you say things like "obama is passing a law" you are presupposing that he has constitutional authority to do this. In some sense you are ceding him a sort of legitimacy. These sorts of "executive orders" are completely illegal. It's all just fiat power exercised by a very powerful rogue criminal syndicate. |
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the government should be freaking out about the potential implications of this tech. but they aren't. at all. not even a wiff of it. firmly in the ignore stage.
Implications? Freaking out? It makes tax laws almost unenforceable. Not entirely because if you work at mcdonalds and buy yourself a boeing 747 for personal use one day they might just have some questions. But in a lot of cases it does. |
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the government should be freaking out about the potential implications of this tech. but they aren't. at all. not even a wiff of it. firmly in the ignore stage.
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Bitcoin will not be dominant as it could be because its not fungible.
Zerocash is the most important development that is going on in the bitcoin space.
I see the possibility in the meanwhile for anonymous coins such as monero, darkcoin and others creep up in value due to bitcoins lack of fungibility.
And no, stealth addresses and coin mixing does not remove the coins transaction history.
Zerocash release date in around 6 months to 2 years in my opinion.
Nothing is perfectly fungable. Even with gold laboratory analysis can be done on the atoms to give clues about its origin. With cash anyone who wants can put a tiny little mark somewhere that only they could recognize. Its not a binary sort of question of fungable vs not. The question is whether it is fungable enough. Cryptonote, i believe, is. Suppose you stole some monero and everyone knew that transactions x y and z were stolen property. Mix those coins 6 times with 6 peoples each time and you will end up with thousands of tainted addresses. An exchange cant deny thousands of people because one is a criminal. |
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Silver coins
Diversity is your friend but I am sure that you already know that. Buy silver coins and sit on them. The scenario when silver coins would become useful has become much lower probability. Silver price from 2011-> tells the story. I have 10,000s of silver coins just in case switched most of my silver to monero. i regret nothing this game can go on for many more years. look how they pump the usd the rise in the value of the usd is organic i think. its a flight to liquidity by terrified emerging market economies. as for silver, the day will come that the cryptarchy cant hold it down any longer. the longer they artificially hold down the price through naked short selling and cash settlements guaranteed by the fed the more the demand will increase and the supply decrease. as it stands right now its a bloodbath in the mining sector and demand in asia is exploding precisely because of the manipulation of prices. crypto is fun, its a great way to move money and a powerful speculate vehicle, but its not a great way to store value. when it comes to locking in those gains in a meaningful way, its all about them ounces. Why not? Basically it has to do with the drawback of consensus based systems. The advantages are obvious and oft discussed. But the drawback that is less discussed is the lack of adaptability. (this could change with a successful implementation of sidechains) This means that basically, as it stands now, when new better ideas emerge for how to build better solutions for crypto systems, all the capital has to move from one system to another. If some of the people in this thread are right about some of the things they believe, than this will happen to bitcoin when it is usurped by monero, but it will probably also happen to monero someday. Don't get me wrong, this isnt an argument against monero, im a huge fan of the tech and the community and its potential to do great things, but something better will be invented some day. Something better will always be invented later. This is why i dont think crypto is a great savings vehicle. Though this could all be wrong in the future if one of the inventions that makes cryptos better is a solution to how to make cryptos more adaptable. |
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Silver coins
Diversity is your friend but I am sure that you already know that. Buy silver coins and sit on them. The scenario when silver coins would become useful has become much lower probability. Silver price from 2011-> tells the story. I have 10,000s of silver coins just in case switched most of my silver to monero. i regret nothing this game can go on for many more years. look how they pump the usd the rise in the value of the usd is organic i think. its a flight to liquidity by terrified emerging market economies. as for silver, the day will come that the cryptarchy cant hold it down any longer. the longer they artificially hold down the price through naked short selling and cash settlements guaranteed by the fed the more the demand will increase and the supply decrease. as it stands right now its a bloodbath in the mining sector and demand in asia is exploding precisely because of the manipulation of prices. crypto is fun, its a great way to move money and a powerful speculate vehicle, but its not a great way to store value. when it comes to locking in those gains in a meaningful way, its all about them ounces. |
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avatar for smooth  |
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