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2101  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: April 28, 2016, 01:04:54 AM
I see xmr is going down very very quickly.What is going on ? Tongue

Probably because Dash got added to Btc-e and pornero not

What a shock!  I had no idea people still use BTC-E.   Shocked

Best trade I've ever made was selling my XPM on BTC-E and using the funds to buy XMR on Kozi's exchange (then later Polo), back when the two coins were at parity.

I advised BTC-E to list XMR, long before Polo blew up thanks to the XMR-ETH wombo combo.  They didn't listen, so Polo ate their lunch.   Tongue
2102  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: DASH added to BTC-E. Monero not on: April 28, 2016, 12:50:23 AM
If I sold all my monero tomorrow, I'd still be calling Dash what it is - instamined, weaksauce privacy wannabe coin.

Hating dash doesn't need an ulterior motive - it can suck on its own. Smiley

Epic put down.  So true.

The best testimony to that effect was provided by a Dash core dev, upon quitting the project in disgust:

i left because i disagree darkcoin or however it will be called next year is not a decentralized entity. it never was but i ignored it as long as darkcoin was following the same path i was following. the path to total financial privacy. and thats why i am so upset about how this currency is lead by a single person. darkcoin is like an old conservative company with strong hierarchical comamnd structures and a single person on the top of the pyramid. evan duffield.

the rebranding using a detergent name was just a step forward in creating something like apple or paypal. fuck this i tell you. what we need is a trustless, decentralized and anonymous currency. darkcoin is not decentralized as it still relies on a single person. and this reaches deep into the code base.


the core devs were just a bunch of volunteers exploited for the big thing. the extended darkcoin team was the same with even a lower place to sit on that pyramid. and what was the darkcoin foundation again? right, something to reserve some rights on some names and collect money. who nominated and voted for the foundation board? who does even know who are these guys? how did we learn about the foundation? from local news papers! the team listings kept counting names of people nobody ever noticed before. and they never committed anything visible to the community or the repository.

i was spending 25 hours a day monitory everything that happened in the darkcoin community for more than a year. the things going on here are fishy, intransparent and rely on a single entity.

i will get out and and will contribute to something decentralized and anonymous. i always hoped darkcoin could fill that void. i cant blame anyone to stay with this project. you are probably investors trying to win a gold donkey. or you are simply trying to exploit every possible vector of profit in the coins space. whatever. you are not here because darkcoin is something it claims to be.

if you disagree with my statement above, i dont care, but answer that simple question: what if evan duffield suddenly announces he quits the project tomorrow morning?

Sorry DashHoles, but BTC-E isn't going to give you the "gold donkey" (although I admit it may help you "exploit every possible vector of profit in the coins space").
2103  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: DASH added to BTC-E. Monero not on: April 28, 2016, 12:38:28 AM
I don't think you understand the scope of what the Dash project is trying to accomplish. We have a goal of being digital cash for the entire world. Even if we achieve only one percent of our goal, the price will be orders of magnitude higher than current prices... As I've said in the "Internet of Money" thread, we're coming. It's up to you if you want to be along for the ride...  Grin

No disrespect but dashs goal to be a world currency is the same as many other coins yet they all fall short. Ive read many of the arguments for and against and maybe some day will invest a bit into dash but how much i dont know. One coin will make it eventually, its just being in the right boat thats important.

Shorter version of Tao:

"Don't judge Dash based on it's "accidental" instamine and scumbag emission cut actions, judge Dash on it's beautiful glittering intentions to create unicorns running under clear blue skies!"
2104  Alternate cryptocurrencies / Altcoin Discussion / Re: btc-e adds new trading pairs: eth and dash on: April 28, 2016, 12:25:10 AM
What a joke adding dash scam. Are BTC-E even that big news these days?

I'm pretty sure anyone who wanted a sack of scam coins could have picked them up in the last 2 years.

BTC-E adds coins that provide incentives pay them bribes to be listed.  That's why Novacoin is there.

DASH has been getting some attention from Russian scam exchanges like Livecoin.  Those holding ~free instamined Dash are probably using them to pay for listings in order to pump the value of their remaining bags while dumping them on greater fools in new markets.

Monero wasn't instamined, so any listing bribes must be contributed at full market value by the community.

Since everyone now knows all about Dash's instamine and emission-reduction scandal, it's volume is shrinking and future is gloomy.

BTC-E will delist Dash for low volume in less time than Feathercoin lasted.   Cheesy
2105  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] IPO of MaidSafe:  Entering the Future of the Decentralized Internet on: April 26, 2016, 07:38:58 PM
Why do you still come here then? And why are you visiting their forum? Why not pick another project instead of following this one?

I assume anyone repeatedly posting negatively in a thread here either wants to buy cheap coins, sold their coins and doesn't want to see a price rise, or has some other monetary goal in mind. Either that, or they just have troll-ish tendencies. Posting critical comments once in a while or even full blown negative comments occasionally is fine ... but those folks who stick around seemingly forever either have way too much time on their hands, or want to see the price rise or fall (applies to hype as much as it does to fud). This forum is very troll-box like unfortunately.

Let's get back to discussing Maid (this isn't an iCEBREAKER fangurl thread, no matter how much you two like to gossip).

WHERE IS THE MVP WE WERE PROMISED OVER A MONTH AGO?

2106  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] IPO of MaidSafe:  Entering the Future of the Decentralized Internet on: April 26, 2016, 06:11:11 PM
It also bothers me the tone of the dev updates is indistinguishable from ad copy.  It's entirely too full of pom-pom waving cheerleader rah-rah happy talk and blatant attempts to stoke irrational exuberance, exactly like Paycoin ("hey guys, we're super-excited about our super-awesome future of super-features coming super-soon!1!!").  And the posters on the Maid forum are even worse; it's like the old GAW community is having a reunion.

Why do you still come here then? And why are you visiting their forum? Why not pick another project instead of following this one?

That's right, focus on the messenger in order to distract from the message.

Don't blame me for Maid's MVP being delayed.

Not my fault Maid's "double charging" model is intrinsically flawed and its rent-seeking dreams are doomed to fail.

Sorry IPFS, ZERONET, and now http://www.fermat.org/ offer better service than Maid, at no charge.
2107  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum system designer Vlad Zamfir - centralized governance failure of DASH on: April 26, 2016, 05:30:17 PM
Ethereum's 'Casper' system designer Vlad Zamfir - DASH centralized governance masternode model is a failure.

Listen to his comments in this video and discuss

https://www.youtube.com/watch?v=StMBdBfwn8c&feature=youtu.be&t=1381

Ethereum's 'Casper' will be designed to avoid the catastrophic problems of the DASH design

DECRED also demonstrates a way to decentralize governance without become a top-heavy, slow motion train wreck like DarkDashDuffieldCoin.

Even without Dash's instamine and later emission cut, Masternodes are trusted third parties and thus a security no-no.
2108  Alternate cryptocurrencies / Altcoin Discussion / Re: The impact of bad crypto (DASH, SDC, etc). How much does math matter? on: April 26, 2016, 05:25:05 PM
Who decides what is bad crypto Monero shills by creating constant threads about other coins like TechorMarketing?

Cryptographers (using the laws of mathematics) decide what is bad crypto.

EG:

Quote
Peter Todd calls DASH "snake oil" and bad crypto:
* snake oil: https://twitter.com/petertoddbtc/status/622022840330682368
* bad crypto: https://twitter.com/petertoddbtc/status/622081863008436225
 
gmaxwell calls DASH harmful garbage and dysfunctional software:
* https://bitcointalk.org/index.php?topic=1001642.msg10922949#msg10922949

The Todd also called Monero "good crypto" so that coin is off-topic on this thread.
2109  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] IPO of MaidSafe:  Entering the Future of the Decentralized Internet on: April 26, 2016, 05:13:09 PM
I post most of the Dev-updates here, and I always copy what they say without changing their text. If you look back you see others posting one critical reply after the other and that's fine. The updates are weekly and for the last half year are about a network being run from people's home and they call it the MVP. So I think I get your point, but this is not really different from Ethereum community going wild because "Homestad is coming!". And as you might know most projects get delays. Most of the projects are on GitHub so devs could be excited saying something big is coming, but an easy check on their code could prove them wrong. I would be surprised if devs of cryptoprojects tried to rig markets and got away with it. People could easily see what they were trying. And to talk Maidsafe, they said last Tuesday that they delayed their update to Thursday. And they even said they wouldn't released a full MVP today. So that's even the opposite of what you are saying. I don't think they're pumping or dumping. I think it's just developing software and have a community that's excited about the idea.   

Posting here is fine (I didn't mean to disparage anyone posting update info in the forums). Hype from people posting is fine (and expected). I just found it weird how the MVP was supposed to be released a month or so ago, and it's still in testing. Problems happen, delays happen, that's perfectly understood. But the tone of the updates last month was pretty much: 'Okay, maybe this week... couple of days... almost there'. Yet they hadn't even started public testing yet.  So they really knew it couldn't be just a week or two away, if they didn't even start real testing.  That just strikes me as price manipulation (or really, really poor planning skills).

As for this most recent update, I didn't expect the MVP (as you say, they already stated it wouldn't be released now). I guess it just reminded me of the fact that over a month ago it was supposed to be ready, and their idea of 'good news' may not exactly be the same as investor good news.

It also bothers me the tone of the dev updates is indistinguishable from ad copy.  It's entirely too full of pom-pom waving cheerleader rah-rah happy talk and blatant attempts to stoke irrational exuberance, exactly like Paycoin ("hey guys, we're super-excited about our super-awesome future of super-features coming super-soon!1!!").  And the posters on the Maid forum are even worse; it's like the old GAW community is having a reunion.
2110  Alternate cryptocurrencies / Altcoin Discussion / Re: Why the bitmonero/monero Ninjalaunched Cripplemined Fastmine matters on: April 26, 2016, 05:02:33 PM

The existence of customized private miners does not imply the public ones are "crippled."

congratulation!

with a single line you just invalidated your ~1200 troll posts

you are complete nonsense

Miners use souped-up versions of cgminer.

Therefor, plain vanilla cgminer is crippled and CK is a scammer.

[/your especially stupid kind of fake logic]

Let me guess, you also believe Bitcoin was instamined, because only Satoshi and a couple of others cared to mine the very early blocks....   Roll Eyes
2111  Economy / Speculation / Re: GBTC Bitcoin Investment Trust Observer on: April 26, 2016, 04:56:13 PM
At some point you would think investors would just start buying physical bitcoins rather then pay over $700 per coin now with gbtc.  I don't get it...

What you "don't get" is that due to certain Wall St Ponzi scheme benefiting tax arrangements/incentives, many working slobs are only allowed to invest their IRA $$$ in the stock market.

So GBTC is being bought with blue $$$, not the green $$$ used to buy BTC everywhere else.  Totally different market; hard to arb.

This trend will greatly intensify when COIN is ready, because it will be vastly more eligible for IRA (and institutional) $$$ than obscure pink sheet GBTC.


Dude you sound just like me and that other crazy guy, TPTB_Need_War. 

Then there were 3.  lol

Ha!   Cheesy

The Great Schism has been distracting us from what's really important to Bitcoin - libertarian invective, strident to the point of flaming.

Can't let Crazy Uncle Shelby and Bitcoin Judas monopolize that space.  Small-blocker cyberpunks do it better!    Cool
2112  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: April 26, 2016, 04:46:12 PM
Been a bit out of touch with Dash lately so last night had a bit of catch up whats new and watched part of Evans last interview. Was a little concerned by Evans comment that he's sees Dash as a monetary system. Or the 'first decentralised monetary system' I think he said. Maybe I'm misinterpreting intent of this statement but to me that is too grandoise.

My strong opinion is that Dash should only be thought of as Digital Cash. Only that and nothing more. Digital cash. I see potential that Dash is slipping off the rails and losing focus on what is supposed to be.

You really believed Duffield was going to stick with one plan and follow through on it?  That was a mistake...

Dash didn't accidentally slip off the rails, it was intentionally driven off them by its mad conductor.

The same thing happened to Darkcoin when Duffield got bored, lost focus on the privacy vision, and suddenly imposed a pivot that made the project externally unrecognizable from its (dubious instamined) origins.

Dash's "digital cash" vision died last year.  Now it wants to be Fake Ethereum (IE Evolution).

Oh wait, that was before the latest grandoise shift to emphasize crowd funding (IE Fake Kickstarter) and governance-by-blockchain (IE Fake Decred).

So many trendy new fads to follow, so little time.   Undecided
2113  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: April 26, 2016, 01:54:28 AM
https://motherboard.vice.com/read/darpa-decentralized-blockchain-encryption-messaging-app

Quote
The Defense Advanced Research Projects Agency, better known as DARPA, is looking for a “secure messaging and transaction platform” that would use the standard encryption and security features of current messaging apps such as WhatsApp, Signal, or Ricochet, but also use a decentralized Blockchain-like backbone structure that would be more resilient to surveillance and cyberattacks.

DARPA’s goal is to have “a secure messaging system that can provide repudiation or deniability, perfect forward and backward secrecy, time to live/self delete for messages, one time eyes only messages, a decentralized infrastructure to be resilient to cyber-attacks, and ease of use for individuals in less than ideal situations,” according to a notice looking for proposals, which was recently posted on a government platform that offers federal research funds to small businesses.

In other words, as a security researcher put it, DARPA wants “a public wall anyone can monitor or post messages on, but only correct people can decrypt.”

Damn, DARPA getting all gangster wit' deh signalz.  (Chinese/Mexican/etc. mafias are well known for using publicly visible graffiti ciphers).

 Cool

What would it take (IE how much would it cost) to port XDN's nifty messaging feature to XMR?

Are we far along the roadmap to do it without incurring too much technical debt and risking the need for a re-do?

I'm waiting for any excuse to donate to a worthy project in warptangent's name, to start a memorial fund.
2114  Economy / Speculation / Re: GBTC Bitcoin Investment Trust Observer on: April 26, 2016, 01:08:37 AM
Wouldn't directly holding Bitcoin in an IRA offer better value?
https://www.broadfinancial.com/self-directed/bitcoin-ira/

Is the legality of the above questionable?

No way to tell.  They make it up as they go along.

If you concede to the authoritarians, your reward is a Kafkaesque nightmare of conflicting definitions and overlapping regulations/jurisdictions.

Better to put them on notice that if they make it personal, you will respond in kind.

When do you expect to have COIN ETF bro ?

No way to tell.  That conspicuous lack of objective decision criteria is a leading indicator the rule of law is dead and we must once again address the present intolerable tyranny of men.
2115  Alternate cryptocurrencies / Altcoin Discussion / Re: [neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? on: April 26, 2016, 01:05:47 AM
If there were no classes, subclasses, objects, complex types and all the abstraction clusterfucks, and you just had to deal with simple things, like vars/consts and functions, how would that affect your programming?

Wouldn't you be able to do your work? If you don't need them (in theory nobody does - the can just copy/paste similar code to emulate objects or make multiple declaration instead of using complex types), you could just skip them all together or bypass them. If the cpu can do everything by 10-15 math and logical functions, like comparing, jumping, adding, moving data, so can we at a much higher level (but still not too high to create clusterfucks).

OMG, I will let smooth handle this one or just ignore it. I'm not up for teaching you why your conceptualization is extremely naive.

Umm...I think you should study some computer science courses.

I know the ignorance of the DashHoles can be trying.  But since keean is being so heroically patient with you, perhaps consider repaying the kindly indulgence karma?
2116  Economy / Speculation / Re: GBTC Bitcoin Investment Trust Observer on: April 26, 2016, 12:59:49 AM
Wouldn't directly holding Bitcoin in an IRA offer better value?
https://www.broadfinancial.com/self-directed/bitcoin-ira/

Is the legality of the above questionable?

No way to tell.  They make it up as they go along.

If you concede to the authoritarians, your reward is a Kafkaesque nightmare of conflicting definitions and overlapping regulations/jurisdictions.

Better to put them on notice that if they make it personal, you will respond in kind.
2117  Alternate cryptocurrencies / Altcoin Discussion / Re: Why the bitmonero/monero Ninjalaunched Cripplemined Fastmine matters on: April 26, 2016, 12:20:53 AM
how many monero were mined the first 3 months?  

In the first 3 months, exactly as many xmr were mined as mathematically specified by the reward algorithm.

That's what all honest, competently tested, and fairly launched coins do (in glaring contrast to Dash's massive "accidental" instamine and subsequent drastic emission cut).

Actually it is somewhat less because of the adaptive blocksize limit penalty function, which makes the actual reward dependent on changes in the blocksize.

Edit: Take block 10019 for example. https://minergate.com/blockchain/xmr/block/100019. The actual coins emitted are less than the base reward because of the penalty. This slows the emission down by a very slight amount. If one compares the actual emission with the emission calculated from the reward algorithm alone one will notice a systematic effect of a slightly lower actual emission rate.

I was using the term "reward algorithm" in the broad sense, which includes the penalty function.

If I intended to exclude penalty function, I would have said "reward schedule" instead.

You could also complain I didn't explicitly account for the block spacing compression effect from rising hashrate, but I think it's obvious my statement was made ceteris parabus (a neat Latin phrase that means "while waving your hands" and also ameliorates smooth's niggling over variance).
2118  Alternate cryptocurrencies / Altcoin Discussion / Re: Why the bitmonero/monero Ninjalaunched Cripplemined Fastmine matters on: April 25, 2016, 11:56:09 PM
The right question is who was able to mine at multiple efficiency compared to ordinary (crippled) miners... Who was gaining disproportionate amount of coins due to the cripplemine.

The existence of customized private miners does not imply the public ones are "crippled."

Using public software, I had no problem pool mining very early XMR on Vultr VPS and solo mining on some laptops.  I still have the solved blocks sitting in their wallets, so I can prove the previous claim (unlike Duffield's dubious claim his instamine was "accidental").

All your bluster about "zomg cripplemine" is an attempt to create and appeal to supposed hypocrisy of those taking notice and making public warnings about Dash's instamine and subsequent radical emission slashing.

Appeal to hypocrisy is a logical fallacy, but we all know the DashHoles of the Evan's Gate cargo cult don't care about such trivial details of rational thought.
2119  Economy / Speculation / Re: GBTC Bitcoin Investment Trust Observer on: April 25, 2016, 11:06:31 PM
At some point you would think investors would just start buying physical bitcoins rather then pay over $700 per coin now with gbtc.  I don't get it...

What you "don't get" is that due to certain Wall St Ponzi scheme benefiting tax arrangements/incentives, many working slobs are only allowed to invest their IRA $$$ in the stock market.

So GBTC is being bought with blue $$$, not the green $$$ used to buy BTC everywhere else.  Totally different market; hard to arb.

This trend will greatly intensify when COIN is ready, because it will be vastly more eligible for IRA (and institutional) $$$ than obscure pink sheet GBTC.
2120  Alternate cryptocurrencies / Altcoin Discussion / Re: Why the bitmonero/monero Ninjalaunched Cripplemined Fastmine matters on: April 25, 2016, 10:58:12 PM
how many monero were mined the first 3 months? 

In the first 3 months, exactly as many xmr were mined as mathematically specified by the reward algorithm.

That's what all honest, competently tested, and fairly launched coins do (in glaring contrast to Dash's massive "accidental" instamine and subsequent drastic emission cut).
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