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1941  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: February 11, 2017, 09:10:27 AM


We were already at about $16 once before, weren't we?  Last summer?  So "only" getting back to fifteen-ish this year would seem a bit disappointing... I'm hoping more for like $50 range.  Maybe $100 LOL


We were over $18 around January 4th - about five weeks ago.

No one seemed to notice ;-)
1942  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: February 11, 2017, 08:08:31 AM
Fungibilty is Monero's killer app. It will slowly infect everything and explode when reaching critical mass.

Yet: I'd like to offer the below as a view to ponder in the context of all things crypto and its small and wishful community:


https://medium.com/the-exofiles/a-letter-to-the-blockchain-community-8217fd0a4757#.9do1av9av


Thought provoking and in parts it rings uncomfortably true. I have family members who are of the smart phone generation who I hold Monero for - as they understand they should be getting in, but are just confused by the tech so much.

I also am ashamed to admit I cannot even make the GUI work on my mac.  It only runs if I use a remote node, I can't make the daemon work and I feel an idiot when I go onto git hub and people just suggest fixes and lines on code to run in the CLI, which I struggle to understand. If it's that hard for me (and I have been in crypto since 2012 and on here regularly since 2013) then we have a long way to go for 'general' adoption.

I love Monero and I do 'get' it, but crypto generally is complicated and it is utterly pointless me trying to explain to even my smarter relatives about seed words, private keys, cold wallets, view keys and blockchain tech.  For most, it's hard enough to get to work and get by without having to take in all this other stuff and get involved in this whole new world, when it does have risks if you are the sort of person who struggles to remember all your pin numbers and have often forgotten an online password.

I have constant issues working across borders at work with money transfers.  It's too expensive and takes too long.  But suggesting to recipients I pay, or receive in crypto if they are not already involved is still very hard. They get Paypal, but I can't suggest Monero or even Bitcoin.

We do needs apps and technical solutions that look simple and just work and do useful things simply without the need for jumping through so many complicated and scary hoops. I still find I rarely can pay in BTC, and I have yet to buy anything directly in Monero.

It will come, but we are not there yet.  

If the community will not get there, third parties will and the bad actor risk will always be there and spoil it - which is not what we want.  
1943  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: February 07, 2017, 10:19:21 PM
Why XMR was frozen at poloniex??

It's not frozen, nor was it recently.
1944  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: February 07, 2017, 10:16:43 PM
Makes sense to me.  The most effective way for time travelers to interact with us is through the internet. 
 
That way only electrical signals need to be sent, and not matter. 
 
Sound like lunacy?  Such a device would only be able to send back signals for as long as it has been on.  This was one of the genius breakthroughs of Tesla's work - discovering the link between electricity and time. 
 
At some point between 1997 and 2006 the device was switched on.  And immediately signals began eminating from it.  Eventually, in the late 2000s we gave the 'thing' direct internet access and it began to directly interact on forums and other websites. 
 
We call it a thing because we don't know how many voices are on the other side or even if they are human.  They don't usually respond to our questions directly. 
 
But we can only assume they have been making some subtle changes to the timeline for years now. 

Good to see you back in AP - care to speculate on price of our beautiful coin?

Sliding a touch right now...
1945  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2017, 09:37:19 PM
What I'm quite sure of is that if the ETF will be 100% approved, we will have a big or even huge bump before the 11th so that the ETF shares buyers don't buy the shares at a reduced price and make it pricey for them.

Yep, happened with every U.S. Marshall auction too.  But this time, it's more interesting, as China has effectively neutered 100X margin and free trades. That means the money won't be coming in from some small time whale pumpers on a few Chinese exchanges... it'll be coming in from actual big money (i.e., U.S. investment funds).  And perhaps much of it won't be just a short term trade, but more long term investment?

Long term investment would be much better for us. I'm desperate fr the ETF to be approved but we've been here before haven't we, many times.

I'm sure there will be a reason to reject or delay it again.

Torque : I believe it will be more of a long term investment and it will give us an insane credibility.

LFC_Bitcoin : As I said it before brother, most probably it will go into auto-approval.

Anything positive regarding mainstream adoption is good to me Fakhoury. Another step towards that moon trip. Hope you are well my old friend  Cool

Believe it or not my dear brother, I've a STRONG FEELING that we will have ETF approval.

But sails on a submarine would actually work when you want to go in the direction of the current?


They would work best when you used the direction of the wind to propel you forth.
1946  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: February 03, 2017, 12:51:52 PM
Price hit is probably Jaxx news, they gave up on XMR integration.  

Wish they hadn't ever said they would to do it in the first place, we have had plenty more going on to rave about...

EDIT: Strong demand for the cheap coins  Smiley
1947  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 01, 2017, 08:25:28 AM


Hmm you know what good point. I didn't think about it from that angle. I concede and agree. We should start eradicating nazis right now, before they get too strong again

It's certainly gone far enough in terms of fascist, misogynistic, anti-semitic, hate rhetoric here.  Tempting though it is to eradicate this kind of scum completely, I would settle for a post ban, to take away the keyboard warriors' ability to spread their disease.  

Adam would not have allowed this, why does Lauda?
1948  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 01, 2017, 12:20:31 AM
rant

Well I suppose as a German you have learned from your history  Grin

 Cheesy
i havenīt seen that one. spot on.

(i guess this happens when you genuinely ask yourself what the fuck has happened to your grandma and grandpa that made them kill millions of completely innocent people industrial style efficiently as if it was an engineering task. they were either all coldblooded sinister killers or blinded by inhuman indoctrination. i do not know the answer, but i know that if indoctrination played a role it was exactly the kind of ideology that this fucking nazi is pouring into here and that gets discussed and quoted as if it was some technicality.

I too have been shocked no one had spoken up.

Just assumed it was all Americans here who are (since we in the Trump era) more relaxed about extreme right wing thuggery.
1949  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 01, 2017, 12:16:04 AM
donīt forget pro-racism

(pure fascist/social darwinism ugly fucked up hate ideology which is the groundworks of nazi euthanasia programs and the holocaust.)



So what if someone isn't thinking of a person's race when they choose that person to be their spouse or partner? Or what if that person is blind and they can't tell what race the person specifically is? Is an interracial couple the direct result of liberal brainwashing as well as mental illness and or inferiority?

Also plenty of mentally unstable people have existed before the industrial revolution. Mental instabilities are not life threatening to a new born afaik.

i cannot understand why it is ok for such utterly inhuman bullshit to be posted here. i can only urge everyone to not quote such feculent rascality. i am a peaceful guy. but should i ever meet this nazi in real life i will instantly reconsider this. this blatant nazi sheit makes me want to vomit.  Tongue



+1


Fascism is fine, mods only delete anti-SW / LN stuff.

Only solution to make pages more fragrant is the ignore button:



1950  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: January 28, 2017, 11:39:29 PM
The Monero Moon prize
(it wasnt me lol, i am just posting this)

https://en.reddit.com/r/Monero/comments/5qnksz/monero_moon_prize/?utm_content=title&utm_medium=hot&utm_source=reddit&utm_name=Monero

I do think that this could be all the advertising boost we could ever wish for.  Soon , google will send 5 teams to the moon ( before 31-12-2017). This will be huge for media.  An additional prize paid in Monero will be huge for the brand recognition of monero. To the moon!! ( quite literally this time Smiley


A genius and imaginative challenge. Totally Monero.
1951  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: January 28, 2017, 09:05:41 AM
Thinking about getting a Cryptosteel (anyone experience using it?).

When you backup your seed, there is only space for the first four letters per word. Is the below quoted text applicable to Monero as well?

Quote
you only need to assemble the first 4 letters of each word. Those 4 letters are unique and sufficient to recover the sentence and the entire bitcoin wallet. We did a frequency analysis and determined the minimum set of letters that are needed [is four]



You only need the first 3 letters of each word to restore the Monero seed, so there is more than enough space on a Cryptosteel.

That is worth knowing - I liked it until I realised it didn't have enough space for the full seed.  I ended up buying steel plates and letter punches, but I haven't got around to doing it - it's a lot of hassle.

I will look again at the Cryptosteel.
1952  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: January 28, 2017, 02:04:57 AM

"All countries are advised to consider the creation of the crime of unexplained wealth."

whoa!

"All countries are advised to take action against Digital Currencies Mixers/Tumblers. Such services are designed exclusively to anonymize transactions and to make it impossible for Law Enforcement Agencies to detect and trace suspicious transactions. The existence of such companies should not continue to be tolerated"

Didn't see this discussed. Sounds like an explicit call to outlaw Monero.



It's talking about mixers and companies that run them.  Monero is not mentioned, so it's not an explicit threat at all.  It's about BTC being laundered through mixers and tumblers.  Monero doesn't need them.

The eyebrow raising bit is the suggestion that 'unexplained wealth' should become a crime.

We aren't far off that in some places in the world already - but I suspect this is good for Monero in the long run as Bitcoin is easily followed, Monero not so.  Which is why when I lost most of my Monero in a boating accident there was nothing much I, or anyone else in the world could do about it. Or will be able to do about it in the foreseeable future.
How do you lose digital currency in a "boating accident"??

I rue the day...

A storm came and the sea washed over the deck and I watched as my hard disk was taken over board. I was powerless to stop it, my Monero were lost in the deep.... A dark, dark day.
1953  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: January 25, 2017, 09:40:54 AM
The fact that Charlie Lee is positive about XMR is a good sign too:

https://twitter.com/SatoshiLite/status/823679389401387009

Imagine what would happen if Coinbase starts supporting XMR  Shocked.

Loving his take on Dash:
"Unfair instamined launch. Semi-centralized master nodes. Weak privacy. Marketing over tech. Not my cup of tea TBH."


ouch


He tells it like it is, which makes his positive take on XMR all the more flattering.






I guess that means Coinbase isn't in any hurry to add Dash....  Cheesy

Ha! Nope.  I can't understand why Dash isn't fading away - even Bitfinex dropped it in favour of XMR. But then there is so much snake oil out there that seems to keep trundling along...  

Eventually as things evolve, there will be a 'blue chip' set of coins and a secondary market of 'also rans' much like stock market listings - probably based upon a market cap cut-off, which in turn will be based upon usage and credibilty, ETF availability etc.  

It's pretty brutal as it stands, a de-listing from Polo is death for most coins, but with so many out there, it's a Darwinian struggle.

EDIT: for sense and quote order
1954  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: January 25, 2017, 06:57:16 AM
I found this hidden a way in another thread and thought my monero-peeps would be interested: the honeybadger's hash rate has gone crazy over the last month, which is strange considering the direction of the price over the same period.

https://blockchain.info/charts/hash-rate?timespan=30days

Suggests we are due another spike upwards on BTC/USD and what how may that impact on XMR?

Market jittery as no one knows what the volume drop in China will mean.  No BTC spike likely with Chinese new Year coming up, either - drifting down (or sideways if we're lucky).  This dip doesn't seen to have helped XMR price much.   Frankly I have no clue, I was hoping we'd collect a few more friends as BTC looks bearish.

I hope we will spike up once the XMR miner bug is sorted and forgotten.  We should breakout in February, traditionally we have  Wink
1955  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: January 24, 2017, 10:44:27 PM
Hi guys,

I know this is the speculation thread but maybe u can help me. I'm planning on starting mining Monero. I want to build a rig that works between 4000 and 4500 hash rate. My question to u guys is what is the link between the bblock reward and the actuall Monero Price? If Monero Price goes up, then block reward goes down?

Thx

Trivially there is no link between the price and blockreward.
However, when the block reward goes down it is easier to pump the price to the Moon.

Did you have to use the word 'pump'?  This is not a centralised, pump and dump, pre-mined scam. This is Monero.
1956  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: January 24, 2017, 08:29:40 PM

Well said, Sir.
1957  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: January 24, 2017, 05:48:03 PM

"All countries are advised to consider the creation of the crime of unexplained wealth."

whoa!

"All countries are advised to take action against Digital Currencies Mixers/Tumblers. Such services are designed exclusively to anonymize transactions and to make it impossible for Law Enforcement Agencies to detect and trace suspicious transactions. The existence of such companies should not continue to be tolerated"

Didn't see this discussed. Sounds like an explicit call to outlaw Monero.



It's talking about mixers and companies that run them.  Monero is not mentioned, so it's not an explicit threat at all.  It's about BTC being laundered through mixers and tumblers.  Monero doesn't need them.

The eyebrow raising bit is the suggestion that 'unexplained wealth' should become a crime.

We aren't far off that in some places in the world already - but I suspect this is good for Monero in the long run as Bitcoin is easily followed, Monero not so.  Which is why when I lost most of my Monero in a boating accident there was nothing much I, or anyone else in the world could do about it. Or will be able to do about it in the foreseeable future.
1958  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: January 24, 2017, 07:03:28 AM

"All countries are advised to consider the creation of the crime of unexplained wealth."

whoa!

That crime is only reserved for the non-elite.

We live in a broken world where the rules only apply to those that don't own 95% of the world's wealth.

Sadly this is absolutely true.
1959  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: January 24, 2017, 07:01:05 AM

"All countries are advised to consider the creation of the crime of unexplained wealth."

whoa!

That's the line that made me choke on my tea.

It's as terrifying as it is hilarious that The Powers That Be possess no sense of irony at the utter hypocrisy of making unexplained wealth a crime.
1960  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: January 23, 2017, 10:04:02 PM
Holland has banned Monero?  Is It True?
Icebreaker is abandoning Monero?  Is It True?
Shen is abandoning Monero?  Is It true?

What kind of Bullshit FUD is this???

The DashHoles' panicked, immature response to changes in Dutch law making Masternode money-laundering illegal is messenger-shooting tu quoque, that is the accusation of hypocrisy (or in kindergarten terms, 'I'm rubber you're glue').

Rather than explain why Masternodes, which exist only to facilitate coin mixing and other (unlicensed) money services, are not effected by the new Dutch law, they deflect by changing the subject to some ridiculous unsupported theory that Monero is now illegal there.

Never mind that Apple's expensive top-shelf lawyers said Monero is OK shortly after they banned Dash from iOS, because tu quoque is spatula's go-to deflection mechanism.  EG, he used that logical fallacy as his primary talking point during his epic defense of Dash's Instamine.

For insight into why spatula is pushing such obvious Bullshit FUD, see his posting history.

When Monero launched in mid 2014, he was pumping all kinds of shitcoins, none of which ever went anywhere except into the great dump of history.

So we know why poor spatula is so bitter, having missed out on the Monero Moon Train and instead choosing to hold bags of SummerCoin (LOL), BitQuark (LOL), SiliconValleyCoin (double LOL), GroestelCoin (WTF LOL), Navajo (ROTFLMFAO), and something called Metiscoin ("might hit cryptsy tomorrow!Cheesy Cheesy Cheesy).

For the record, I am not nor have one iota of intention of leaving Monero.  Like Bitcoin, I am committed for the duration of the experiment.

A small portion of my holdings could buy me a Tesla, but I'd rather wait until those coins will get me a few acres of prime Napa vineyard (and won't need to be changed into fiat).


+1

In since it began and in for the long haul too, Sir.

Napa vineyard is not on my personal wishlist, but I am waiting for the day I can spend mine on my preferred little treat too.
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