So, we already visited the 0,008's before November, so i guess we will see sub 0,008's in the next 10 days, adjust your buy orders 

Hey take it easy now please


Edit:

https://localmonero.co/blocks/block/2222222
Timestamp 2020-11-03 04:49:13 UTC

I've read multiple estimates and even used monero for several transactions back in 2014.  It's 20+ minutes for a transaction.  Simple math of 20x faster comes down to about a minute.  Mimblewimble is far better privacy because of cut through and dandelion so there are no externally visible addresses or amounts and it's impossible to trace.  The best iteration of mimblewimble for the purposes of private use money is Epic Cash.  It's extremely fast with a 60-second block time and I've seen transactions execute in a few seconds.

I'm surprised you had to ask given my signature block.

I would say Epic Cash is about where Monero was in 2014.  Still a little clunky on the UI but bleeding edge technology as Monero was in 2014.  Epic is just better technology.  Just how tech moves.  

While "Lockdown" in Austria is a kind of joke. Why?
Fitness studios, indoor sport facilities, restaurants, theaters and bars are to be closed tomorrow.
When going out between 8pm and 6am you need a good reason ("go for a walk" will do, though) and only 2 households (6 persons plus 6 children max) are allowed to meet, with the exception of 3 persons each living single.
They are at 28% ICU capacities now (was 15% last week) with the usual exponential curve showing.
This won't slow down anything, at least not within two weeks. New ICU patients grew 78% compared to last week. This is going to get very dirty.
And the best thing is, the government obviously wants to save the winter tourism season, starting at the end of november.
Nobody will come, even if they manage to drop to sub 1k newly infected per day. R0 is at 1.4 atm.

How long can Monero really stay competitive when there are other coins transacting 20-times faster and with privacy that is just as good if not better?  I speculate that Monero will have to undergo a serious overhaul if it wants to keep up with emerging technologies.  If not, it will drift away and be forgotten.

March 15, 2021 is when the number of days since Monero’s ATH (12/20/2017) will be equal to the number of days it took Bitcoin to set a new ATH after the last bear market (11/30/2013 to 2/23/2017 - 1181 days).

Let’s see if history rhymes...

July seems a long time for ATH.  However, since I'm usually ahead of myself, and you are usually correct, I will take your word for it

We will finally go above Mays numbers. I still dont understand why May was so special. Nothing unusual beside  last weeks of lock downs in Europe and USA.  Last few months had few good weeks and few bad. October had only good weeks beside the protocol upgrade two days. With a pace like this we might not see less then 20k transaction a day in 2021.

Agreed, i also think that the sstem is working properly and on top of a minor bug there is made hysteria to some extend that i do not get 

A small selection of abandoned military facilities of the past ^Offtopic...

• American Sherman tank off the coast of Saipan

• Soviet radio telescope, Latvia

• Runways on Tinian Island, Mariana Islands

• Small fort in the Philippines

• Tower forts built during World War II to protect against air attacks off the coast of England

• Hangar for military aircraft carved directly into the rock in Yugoslavia over 3 km long

• Anti-missile base, North Dakota, USA

• Experimental eavesdropping devices, England

• NATO submarine base in the rock, Norway.

They should have provided viewkeys just for shits and grins.

I saw this yesterday in WO, but thought it was just one boring dark market seizure or whatever illegal website seized. Today saw it again on Monero subeddit and was surprised they used Monero wallets for people to vote. First time Monero being used to anonymously vote.

EDIT: OK I realised this voting is dumb since you can vote as manytimes as you want. But it is a good scam.

I think nowadays is the good time for xmr to wake up from sleeping. If the market will go on like this, some money should go from bitcoin to old altcoin projects that are more known and considered as more strong and stable.

I wouldn't mind Moneristo, but:

Well....  'risto'

Ich finde die Geschichte mit PayPal sehr bullish.
Die Einkaufsbarriere schrumpft einfach und irgendwann verstehen diese Leute dann die Funktion von Bitcoin (be your own Bank) und Kaufen auf anderen Märkten.
Zudem möchte Paypal wie oben beschrieben auch irgendwann Zahlungen zu möglichen Anbietern bereitstellen.

Für PayPal (Elon Musk) ist es doch aktuell auch klasse. Die Leute kaufen Bitcoin und lassen Sie bei Ihm liegen. Der Free Cashflow erhöht sich und die Bilanz schaut super aus.

PS: In den lezten Monaten haben wir kanpp 80 % Rendite gemacht und es scheint ja erst anzufangen 

I used to say 'honeypony don't give a fuck' but in all honesty Monero has a sort of history of blowing up at an opportune time.

It did have some seasonal bursts or ebbs and flows for a while, but from mid-2016 it really ripped up - at one point it had clocked up an annual growth of 2,600%.

It reached its peak in dollar terms IIRC after Bitcoin had peaked, in spring 2018.

So it pre-dated Bitcoin's massive run then... and it does look like a similar pattern now.  We have no idea if it would have done it in 2013, as it didn't exist back then, but the last big run was huge and looking at its aftermath up to now, I have been wondering too.

Looking at the 2018 decline, post the 2016/2017 explosion, it just looks like a huge curved bowl, or perhaps (dare I say) a cup.  It is obvious Monero has been on the rise, but possibly this is just a continuation of the cup shape and we are - so far- only in the early stages of completion.

Hopium, or plausible?  It's early to say, but the signs as you point out are there.

There is no four-yearly halving in Monero's code, but it may just be it does react to Bitcoin's cycle in a rather wonderful way.  Gaining against Bitcoin when Bitcoin is gaining against fiat is a seriously wonderful thing.

It can be argued that Monero looks like it wants to do it again - and (again) wants to get started early...

They say history doesn't repeat itself, but....

I'm liking the PayPal thing...

My initial thoughts are that we could integrate this as a solution for bitcoin payments on the cruise ship. There are already PayPal NFC point of sale terminals. Everyone just sign up for a Paypal account, load it with BTC and pay everywhere on the ship.

That would allow people that just want to use fiat to do so as well.

There are also ways of loading up an NFC ring with payment details. Much to research but this could be pretty great.

The sync bug did not affect nodes that are online continuously, which is standard procedure for basically every service and exchange. Furthermore, the Monero network continued to operate normally. To reiterate, the following nodes got affected:

- A new node that syncs from scratch.
- Existing node that is currently offline and would like to sync soon. 

Furthermore, the bug was fixed swiftly and a new release (that included the fix) was made available within a day.

Additionally, people tend to forget that exchanges and services typically impose a temporary suspension of withdrawals and/or services around a network upgrade as precautionary measure.

I personally feel that people misunderstand the gravity of the recent sync bug and resultantly are making a mountain out of a molehill.

If using of Monero will increase with the pace as it did so far, specially in October until the network upgrade, then I simply dont see so ow numbers to happen.   
In last few days we saw how bad can bugs be in protocol upgrades. Monero ecosystem grow a lot. Even that bug was patched in half day that did not magically update all Monero ecosystem immediately. Some exchanges still dont work. Or at least did not yesterday. Monero had luck to be small and was able to have these updates twice a year. Now is getting bigger and bigger and that will continue maybe even faster now.