Nothing new? This topic doesn't seems to be hot: few posts from trolls, few posts from scams but what about new info? Do XMR community have some?
I guess I'm a member of the community so here goes. Two people in my life died last month. That makes 3 this year. I have inherited one cat and one chair. Presently the cat is sleeping on the chair. |
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That is the reason we should invest in XMR!!! XMR devs give us a lot of support. Please go away. In case anyone is wondering (though frankly I doubt it), the XMR devs have nothing to do with this newbie shill campaign. Have no doubt about your doubt  Looks like their new method is reverse psychology but like their other attempts it is LOL bad. |
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Fungibility is an essential property of any currency. If it is not fungible, it is not a currency. Following your logic, plumbers should not repair drug dealers pipes, waiters should not serve them at the restaurant, etc, because their US$ is not the same as any other US$. The issue is if you accepted currency for legal goods or services, if it is legal then there is nothing wrong with the money you've received.
My logic is not at issue. At issue is the logic applied by courts of law. I don't agree with it, I merely try to anticipate its consequences. The U.S. government does not consider bitcoin to be a currency. It considers bitcoin to be property, a commodity. I believe this is the view of the IRS. The FINCEN guidance which came prior to the IRS ruling says it's a currency. Which one is the US government? |
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The mini-blockchain idea is an undermining in terms of security. This is ok, as long as it might nevertheless fits well somewhere in a broad range of different security/scalability trade-offs. However I see two obvious concerns to make it deserves a meaningful place on that range at the moment.
The first concern is that it could be achieved with something based on the bitcoin blockchain, in fact all these trade-offs could be all linked and based on bitcoin, you don't need a completely separated altcoin to achieve that particular security/scalability trade-off.
The second concern is that the scalability in terms of storage of the blockchain, is a non-issue. Even for bitcoin. Even for cryptonote if it takes 10 times the bitcoin size. The real challenges are the bandwidth and computational power required to receive/check/broadcast transactions in a VISA-scale crypto network.
Anything that plays with the ratio security/scalability can be based on the same intrinsic currency (and most likely it will be bitcoin). For something else to be actually really needed, you must completely go out of that range of security/scalability trade-offs and sick for something fundamentally differents. Yes, Monero, I'm looking at you.
binaryFate, I enjoy your posts and I'm quoting yous because it is the latest to mention VISA scale. I found the following interesting. It comes from the most recent(?) discussions on the 1 MB block size limit. The bolded is mine as well as a video link illustrating gmaxwell's point  If Bitcoin is merely a high powered money for international settlement between large commercial entities, it will have failed in its mission of providing the world with a decentralized electronic cash. Bitcoin has to be accessible
Without commenting on the rest, the logic doesn't follow here. It is not necessary that not doing soda pop buys directly in the Bitcoin blockchain means that Bitcoin hasn't provided people with decenteralized electronic cash. but I don't see any reason why Bitcoin can't match Visa's The Bitcoin blockchain is a very different system from the visa payment work which makes very different trade-offs. It will always be the case that in some respects the bitcoin blockchain doesn't match visa, just as much as visa fails to match Bitcoin. If you insist your floor wax be a tasty desert topping you may get something which is the worst of all worlds instead.[/b] |
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Are you kidding me? Ask eizh, tacotime and smooth to post here if they mined from launch or not.
You are nothing but a dumb cheerleader who has forced himself onto this coin as a "core" team member. You are not needed. This coin will be better off without dumb propagandists like you and it will really take off then.
You made the accusation, why don't you provide evidence to support your accusation? The rest of your diatribe is ridiculous vitriol that attempts to invent political issues where there are none, and speaks to events and people you do not know and thus cannot speak of. Ad hominem attacks on people you don't know have never worked in the history of the Internet, so I'm quite unsure why you imagine it's going to work now. Do you, inside your mind, think that when you post what you posted that people will come flocking out of the woodwork and go "you're right - that fluffypony is a dumb propagandist and needs to go!" Is that what you believe will happen? And now that I think about it - why hide behind a pseudonym that's barely a pun? What's the harm in using your own account? I'm done responding to you. This conversation ends now, from my side. I will provide proof. I want eizh, tacotime and smooth to lie first, which is basically what you are forcing them to do. Get off your high and mighty horse. I wouldn't be "conversing" with dumb propagandists to begin with if you hadn't invented the lie that "core" team members weren't mining from the beginning. There were more than 25 of us in the IRC chat from Day 1. You are the cancer of Monero. Don't drag others down to your level. You sound better in altcoin threads making a joke out of yourself getting into arguments with others when there is none needed. Edit: smooth wasn't in IRC on Day 1. eizh and tacotime were there. smooth was mining but offline in IRC and setting up OTC thread. Which one were you? |
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I have experienced the last 2 bubbles but had no idea at the time what was going on. Even though I owned some btc I had only limited knowledge. I would stare at my computer completely mesmerized. I would fall asleep to the charts and wake up in the middle of the night to look.
May you experience the joy and wonder of a bubble.
I only found my way to the speculation section after this year's prolonged down trend as I was trying to find out what was happening. Amongst (google spell check has led me to the current opinion that amongst is archaic, really?) all the noise in Adam's thread there were pearls of knowledge and wisdom. Then I started follwing this thread as well.
May the knowledge you have obtained not diminish the wonder.
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Monero was released with an intentionally crippled hash function. Whether the Monero devs realized it or not, the crippled hash was included to give someone an unfair advantage.
Please quantify this advantage in terms of % of the eventual coin supply of 18.4 million. Advantage after 20 yrs or so is not relevant to defining a fair launch. Fair launch is used to describe multiple factors during the first few days/week/months of a coins existence. 80% is mined in the first 4 years. Is that a good place to start? |
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Is anybody looking at the wall?
Something is happening!!!
OK back on topic. Is very human behavior subject to self regulation, aka self control, now a disorder? I know those designations benefit the pharmaceutical companies.
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this could be the reason for the drop in price the past few day? https://www.youtube.com/watch?v=A6dboY9FtDo"BitLicense" I guess i missed this news when it came out. so apparently Bitcoin is pretty hard to use to buy small things in NY ( you have to give allkinds of info to buy anything with bitcoin in NY? ) THAT proposed regulation is at the 45 day public comment period. Accordingly, it is still only a proposal. Doesn't NY limit the size soda drinks you can buy too? I don't see Coke and Pepsi stock dropping That Soda restriction legislation news got a lot of press, too, but I think in the end that legislation did NOT withstand the test of time. But, back to NY bitcoin legislation, it seems too preliminary to be having such a negative impact on the BTC price - even though rumors do have negative impacts.. . I watched a few minutes of the video. It was my understanding that the NY regs had no bearing whatsoever on people purchasing anything with there bitcoins. The regs are for btc service companies such as exchanges. The regs are for control of exchange of fiat to and from btc. You are free to purchase anything with btc with no controls. That guy was very disingenuous in order to promote his agends. Needing to give all your info including photo ID to purchase groceries, yeah right LOL. |
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Anonymint is releasing a coin?
Never. But that doesn't mean that I didn't secretly contribute to a coin that is released. I will never tell you. I for one appreciate your contributions to crypto, especially when they are in the more level headed vein as they have been the last week or so. I hope you don't mind me pointing it out, but your tone has been far more reasonable recently, and it makes your positions and arguments much easier to navigate and consider. I would always be interested in what coins you contribute to, and which you feel have serious potential. But secrecy is your prerogative obviously.  I was thinking the same thing and then I read the recent posts. It got me thinking of a wonderful book I read a very long time ago, "All I Really Need to Know I Learned in Kindergarten". I just found a short video based on the book and although it obviously can't do justice to the book it ain't bad . http://www.youtube.com/watch?v=vgvAGOGGuaQ |
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Is this the Monero Wall Observer Thread?  A 19 btc/ 4325 XMR wall @450 has just recently been placed. I imagine that this one like the last 54 btc wall @460 a few hours ago is real and not used as a pump. In what exchange did you see the wall, I noticed a 15btc on Poloniex but maybe I came too late. Yes Poloniex. I assume he 19 btc wall was eaten while I slept and there is presently 10 btc/2263 XMR @ 465. |
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Is this the Monero Wall Observer Thread? A 19 btc/ 4325 XMR wall @450 has just recently been placed. I imagine that this one like the last 54 btc wall @460 a few hours ago is real and not used as a pump. |
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A 54 btc buy wall was put up @ 460 on Poloniex. A half hour ago when it got down to ~37 btc it was sold into in one bite, and more down to 432. Price now is still 460.
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I suspect Monero will test 0.005 this week, a lot of people likely sold expecting another lengthy slow decline. Now the bid sum has gone up 4x since the last rise and the market sentiment is changing. A lot of people dumped in the past week and are looking to buy back in (me too, but i was holding 1000:1 XMR:BTC).
The facts:
-Veteran BTC lead devs and BTC whales are interested and active in XMR.
-Bitcoin itself is now increasingly focused on non-interesting things - regulation, not innovation. [perhaps fine for attracting bigger investors, but personally i miss the old bitcoin spirit]
-Hashrate on Monero continually increasing, Scrypt ASICs will displace a lot of GPU miners and I suppose they will come to XMR if they haven't already.
I basically agree with you. But. On Poloniex where all the action is there is 240 btc bid at 390 which is 36% of the total. 80 btc of it was placed 3 days ago when the price was dropping for 36 hrs and accelerating. It has been relatively stable since, yes that is a short time. |
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I bought a cheap computer 3 months ago and it is not AES-NI. It was good for everything I needed. This was before I discovered Monero. It can and does run Monero.
Which CPU it uses? Maybe I'm mistaken, but I do not know any CPU's without AES-NI. Most of the core i3 (up to 3rd gen) and i5 (up to 2nd gen) don't have AES-NI. Most of the processors sold before 2010-2012 don't have it and even now there are processors (produced 2014) without AES-NI. Inel pentium G3220. It was launched Q3 2013 after being updated to include integrated graphics and is 64 bit, 22nm It can run 10°C hotter than the i series enabling me to mine using both cores to get an amazing 34 H/s |
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Any word on when Monero might be getting added to Cryptsy?
BCX stated that he talked with Cryptsy and it will be added as soon as they figure out how. Expect a large price increase when this happens. Monero is in case you don't know, completely different from Bitcoin so the exchanges have the to do special changes to their deposit and withdrawal systems to support Monero. This is only good, it allows Monero to grow slowly. I know nothing about Cryptsy but Monero is currently on at least 9 exchanges now. |
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tyvm for suggestions. IMO it is this active dialogue that makes SwC what it is today. From a player perspective, I am most excited for the following features: 1) MTT chop system [all players at final table must click the "agree to talk chop" check-box, then software enters "chop talking making mode" where all remaining players need to unanimously agree on terms. IMO this will generate hilarious chat at the very least. 2) OFC, Baduecey, Badacey, mixed games - I think all of us hard core degens want this bad. This will take a while to build, but the Doctor is in, and he's hard at work. 3) MTT breaks on the :55's - it's on the top of the dev list, with over 9000 other items  4) bad beat jackpots & other crazy shit we could do soon - SwC has dealt ~28M hands or so, maybe more because the hand counter was reset a few times in the early days.... but it's *almost* to the point where a bad beat jackpot would make sense. This is a much-requested feature and I think we can get really creative with it in a year or so after other games are built. Having a "wheel-wheel" badeucey jackpot is much more attractive to me than the regular 'ole hold'em jackpot - but that could become epic when delimited in bitcoin - so I feel SwC will eventually have to do that. IMO many-level bad beat jackpot, not just one thing triggering it - IMO also could be eventually expanded into "full shenanigans" tables with the same bad-beat promo extra rake, but maybe returned in really crazy ways, like any AA beat by a lower pair wins X%, full house over full house wins some small % while quads beat by str8 flush wins the big %. Maybe nut flush vs. full house smaller jackpot and other small distributions of a pool that keeps building and paying out. While I'm just spitballing here what about a tournament system that actually gives you a "One Time" ? exact rules are up for debate. I respectfully disagree. The focus should be primarily on new reliable no lagging software with basic futures like late registration, synchronize break, wait for BB in a ring games, player notes, satellite tournaments,add some colors to the client,so you can highlight meager MTT, reclassify stakes, so we can actually use the fitter(currently all stakes are micro). How about these things? Will we see any of that in foreseeable future? Take hard look on a Krill system and adjust it, ( should provide incentive for seals to play and make business sense ) currently high tier accounts are money losers for SWC. The system is not fair for new players. Of course players want bad beat jackpot. They want anything free.( more freerolls etc.) lluboski, spot on as usual. I was about to correct you and say that BBJs take an extra rake and then I remembered that when Seals used to have them as a promo there was no extra rake. Also as to #2, adding baducey, badacey and mixed games. The most popular game after NLH is PLO. As someone recently posted, the PLO games have been drying up. How are less popular games going to fare? What will be done to increase the action at the current cash games? Although I have a decent amount of krill I wouldn't be adverse to a change if it helps drive action. Micon, please listen to lluboski. |
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Bitcoin price could collapse at any moment, never forget the ultimate downside...
Then consider the potential upside and place your bet.
I'd love to re-visit the 400 range, but at this point it's just wishful thinking.
I'm making arrangements to drive the price down by the end of next week. The drops following my buys have been amazingly consistent I posted earlier that I need to sell which would cause the price to sky rocket So that my selling does not raise the price before you buy you should buy mine Happy Thanksgiving |
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