I agree on this. Block rewards are needed for the miners but I meant there could have been "a small mining tax". 1 % of every block reward going to the development is currently something like 0.10 XMR and the rest 9.90 XMR goes to the miners. Given the declining block reward, anyway the block reward will be 9.90 XMR soon so it would not have affected too much for network security IMO, actually quite the opposite - some miners might reason that the coin is more valuable since the development funding is secured and not relies on donations (which are based on volunteering and at some point there will not be people who desires to donate, that is the case somewhat with btc which has hard time to find donators and thus the foundation suffers from financial difficulties).
The funding system of Darkcoin is its strength IMO. Also the price is relative stable with Darkcoin. This doesn't mean I support Darkcoin but I am facing the reality here. The funding seems to work fine with Dark coin.
The fact that Monero development is based on donation is short sighted decision - the development goes on as long as there are enough people willing to give up coins and once that source dries up there will be no development/development is only slow.
So far the donations have been abudant but that may not be the case in 2-3 years from now.
not sure, I think the donation-system also gives incentive for responsible spending... If funds automatically flow in the dev-team kinda can do what it wants (cf. Ethereum, where they waste money by the buckets...) Now they have to make a proposal, motivate what they want to do, and the community votes with their wallets... Is there a more beautiful system? Ideally I would like to see governments work in the same way, instead of forced taxation with the consequences of not paying being jailtime, they also should make proposals and let people vote for them with their wallets... Kovri is really important, if xmr can implement it, it will be another cornerstone of the strength of xmr and make it a real powerhouse... Everyone invested in monero should seriously consider donating, not for the sake of donating, but also to further and protect your current investment... donating is not all altruism-based ;-) anyway, off course you do what you want since we're all free and freedom-loving here edit: already 75% has been funded in a day, this community is f-ing awesome! very glad to be part of it! best regards, |
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if you wish you can add 100 from me, recently donated to moneromooo's new proposal.
It's not really important though...
same here, gave 50 and some dust |
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I know what you're trying to do, I won't do it, this discussion does not belong here... by all means, open yet another topic discussing both coins, it will end in a shit-throwing-contest (again)
best regards,
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What if there was a completely decentralized anonymous market that couldn't be exit scammed or shut down? The platform to take down Monero is already here. Umbra
I think that's a nice initiative, but I read up on SDC, it has/had some problems, don't like the P&D hypes with countdown clocks either... but as said before, I love competition, so let SDC bring it on, I'll praise it if it works out... And again, even if this works, I don't believe it will automatically bring down monero... other DMP's can spring in existence (openbazaar) for example, where one can choose which currency to use, I don't believe a DMP has to be hardcoupled with one specific currency... best regards, Maybe you should read up a little more history because you will find more P&D hypes with Monero. But lets get down to the tech. Can you explain to me any of the advantages Monero has over Shadow, I am struggling to see any.  sorry, this topic is about 'rip monero' because of exit-scam, nice schema you got there, but there are already other topics where this is heavily discussed: https://bitcointalk.org/index.php?topic=1140006https://steemit.com/blockchain/@jimmco/monero-vs-shadowcash-epic-anonymity-crypto-fighthttp://monero.stackexchange.com/questions/1414/how-does-shadowcash-compare-to-monerohttps://shnoe.wordpress.com/2016/02/11/de-anonymizing-shadowcash-and-oz-coin/ (I know I know, you're gonna post your article and say monero had the same bug, this was on testnet however... SDC has proven lack of peerreview, that's actually what bothers me the most...) so everyone can do his/her own due diligence using google... I did mine... good luck and best regards, |
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What if there was a completely decentralized anonymous market that couldn't be exit scammed or shut down? The platform to take down Monero is already here. Umbra
I think that's a nice initiative, but I read up on SDC, it has/had some problems, don't like the P&D hypes with countdown clocks either... but as said before, I love competition, so let SDC bring it on, I'll praise it if it works out... And again, even if this works, I don't believe it will automatically bring down monero... other DMP's can spring in existence (openbazaar) for example, where one can choose which currency to use, I don't believe a DMP has to be hardcoupled with one specific currency... best regards, |
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I am confused.
If Oasis did an exit scam, why are people crying fud in here? And correct me if I am wrong but isnt Oasis one of the two major dnm's to accept Monero?
We dont need to be shooting the messenger here, even if it is EmilioMann.
if the messenger is spreading outright lies (millions of xmr) then one can shoot him... and rustynailer, you know as well as I that a market doing an exit scam <> rip one of the currencies that was used on said market... come on man, I get that you have some sort of beef with monero, but please don't play stupid and deliver some actual critique, I know you're smarter than this shit... best regards Okay then, Alphabay are now the undisputed largest DNM which makes them the tall poppy that Law Enforcement will be in no doubt going after. Its a centralized market and its just a matter of time before it is taken down or the operators jump ship. And without Alphabay, Monero would soon disappear into irrelevance as some far superior platforms take its place, its a one trick pony after all. Yes, law enforcement will be going after them, so what currency would you use, a currency where a transaction history can be looked up? Eventually possibly connecting some addresses to a source address where you possibly needed to go to a KYC-process to obtain your coins? Or a currency that is fully private, has an opaque blockchain an your transaction history can't be looked up, so there's no possibility to connect it to your identity, even if you had to go through a KYC-process... Vendors and consumers benefit from monero in this case, als the dnm-owners benefit from monero in this case... I can't see how this is an argument against using monero? It protects you from said LE-agencies... Why would monero disappear without alphabay? why didn't bitcoin disappear without SR? Why wouldn't other DNM's spring to life using monero... sure, monero could get a (heavy) blow, but the use case will always be there... I would love to see superior platforms come to life, but why wouldn't monero fit in with those? Do you really believe that a decentralised market intrinsically has to be coupled with just one currency? I don't, I hope there will exist lots of DMP's (to avoid state control/oppression) with different properties, and they will probably use different currencies... I hate to see why people want some coin not to succeed just because they're invested in something else, I love competition, especially currency-competition, so why always look for a stick to hit the dog and try to come up with fake arguments (sorry, but that's what your arguments are, fake...)? Monero is the go to private currency at the moment, if something better surfaces, I'll praise it, but untill now I found nothing that is true competition for monero... and it's not a one trick pony, monero beats bitcoin, technologically and 'monetarilly', bitcoin has the network-effect though... |
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i have said and i will say it again.. it's dead / doomed BECAUSE it's supporting "Dark Markets" So thanks for reinforcing *MY* point  first of all, it's not 'supporting' darknetmarkets, darknetmarkets start using it because it's the digital currency with the best properties for said use-case... privacy, anonimity, untraceability --> fungibility etc. and if xmr dies, it won't be because of this, otherwise why didn't bitcoin die already, why didn't cash die already .... ah well, rational arguments are pointless I guess, best regards If you are using it or involved with it then that is support. Sorry there is now way to worm your way out of that glaring obvious point. If as that idiot says.. Monero was designed to be used on Dark Markets and YOU use Monero then you are in fact supporting Monero and Dark Markets. I will not support either of them in any way ever period .But i actually have class & integrity unlike most of you greedy stupid dregs here.And "dies" ? Bitcoin is not fully ANON so it's a retarded comparison you just made. But the Dark market usage with Bitcoin has in fact hampered it's adoption and stained it's reputation. The public hears about that Silk Road shit before they hear it's a currency. I have tried to tell you all what the public sees but you're all blind living in a bubble. Don't take my word for it just go outside and talk to people on the street.. without DNM's btc would be dead already, it would have never got the traction needed... people would still be paying everything with credit cards, because it's easier, faster, more familiar... the only reason people started using bitcoin was because of DNM's, sure, you got some libertarian hard money fans who wanted to use such currency and saw how it could be a defense against the paper currency scam, but that ain't the reason bitcoin got mainstream-traction... It started with DNM's, it grew on DNM's, and then it got to more mainstream... I think you are the one who got things turned upside down... |
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i have said and i will say it again.. it's dead / doomed BECAUSE it's supporting "Dark Markets" So thanks for reinforcing *MY* point first of all, it's not 'supporting' darknetmarkets, darknetmarkets start using it because it's the digital currency with the best properties for said use-case... privacy, anonimity, untraceability --> fungibility etc. and if xmr dies, it won't be because of this, otherwise why didn't bitcoin die already, why didn't cash die already .... ah well, rational arguments are pointless I guess, best regards |
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I am confused.
If Oasis did an exit scam, why are people crying fud in here? And correct me if I am wrong but isnt Oasis one of the two major dnm's to accept Monero?
We dont need to be shooting the messenger here, even if it is EmilioMann.
if the messenger is spreading outright lies (millions of xmr) then one can shoot him... and rustynailer, you know as well as I that a market doing an exit scam <> rip one of the currencies that was used on said market... come on man, I get that you have some sort of beef with monero, but please don't play stupid and deliver some actual critique, I know you're smarter than this shit... best regards |
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What about the millions of XMR that Oasis stole from users and will be dumped on the market?
only 13 million xmr have been mined already, since you say millionS that would mean at least 2 million xmr were stolen, right? So you're saying that in the few weeks that OASIS accepted XMR they gathered at least 15.3% of the total current xmr-supply... If you're gonna FUD, at least try to make it the least bit credible... TL;DR: you're stupid best regards, |
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Damn. That's quite the resume. Predictions moving forward? Are we building a floor here around 0.01? I think we're going to see a spike up soon with the release of the GUI. I bought a few in anticipation of that. But once the initial excitement wears off I think we'll continue to slide down and below 0.01 again. This still looks like a bear market to me, and if bitcoin continues to rally this will result in selling pressure on altcoins at least for the short term, if past behavior is any indication. mweh, you're possibly right, though I think if more stories like this one surface: https://www.reddit.com/r/Monero/comments/56c16n/fbi_uses_blockchain_analysis_to_deanonymize/it could give monero the extra boost needed for another bull-run... but I'm just a small fish in comparison to you, thanks for all you're doing for the community btw! |
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lol... all monero-fudders, rejoice, some dashboy wrote a fud-article full of lies... takes me back to the days when bitcoin was constantly fudded because it was so disruptive... if for every time i read "rip bitcoin" i got one satoshi... get your facts together: https://www.reddit.com/r/Monero/comments/560yem/whats_up_with_this_recent_influx_of_fud_and/oasis exit scam <> the end of monero mymonero wasn't hacked, it was just down some time because of DDOS... thanks for the cheap coins anyway Congrats little prick.. YOU WIN ! why thank you sputz, at least your fud is straightforward! |
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A lot of the drop was caused by FUD.
Joel Valenzuela (aka thedesertlynx) is actually so fucking disgusting.
How can you present yourself as a journalist when you are so clearly biased?
Half of his posts/ articles are about how great dash is, the other half are about how terrible every other coin is.
Anyone who takes this shill or anything posted on CoinTelegraph seriously is fucking retarded.
Well I already saw a vendor yesterday announcing on Alphabay a fundwhere other vendors can join and pay to hire an assassin for Joel Valenzuela cause he lost with his escrow 15% due to Joel. Never try to fu** DNM vendors with FUD  lol, I was actually contemplating about this yesterday... what if DNM-vendors are really unhappy with this and now want to destroy the last bit of reputation he has left... hiring an assassin is a bit over the top I think though... |
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THe only reason for the big pump was the usage in the darnet. Now that this is gone I think it will go down much further
When something gains value because it gains usability it's not a 'pump'... Xmr is a unique coin, do some research instead of parotting idiots... Im so sorry....still dont change the truth of the content. You really think XMR went that high just because its a unique coin? nope, just regular speculation because of gaining usability (sigaint, alphabay, oasis) and great technology (cryptonote, ringct, i2p, ...) and better monetary proposition than bitcoin (opaque blockchain --> fungibility), not an orchestrated pump... xmr is unique, research and you will find out for yourself... best regards I like the theory in the article that the market operator colluded in the pump so they could run away. I don't know if it's true. and what's the deal with this mymonero wallet?
theories are just that, theories... makes for a good bedtime-story, nothing more... no deal with the mymonerowallet, just FUD... checked my coins, all is there, I believe they were ddossed, doesn't mean coins are gone... |
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THe only reason for the big pump was the usage in the darnet. Now that this is gone I think it will go down much further
When something gains value because it gains usability it's not a 'pump'... Xmr is a unique coin, do some research instead of parotting idiots... |
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lol... all monero-fudders, rejoice, some dashboy wrote a fud-article full of lies... takes me back to the days when bitcoin was constantly fudded because it was so disruptive... if for every time i read "rip bitcoin" i got one satoshi... get your facts together: https://www.reddit.com/r/Monero/comments/560yem/whats_up_with_this_recent_influx_of_fud_and/oasis exit scam <> the end of monero mymonero wasn't hacked, it was just down some time because of DDOS... thanks for the cheap coins anyway |
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It looks like it will revisit 110 area  Prepare your shorts for profits More likely below 0,009 hmmz, not sure it will go that low, volume smells like seller exhaustion... wouldn't mind though, would like to pick up 100+ xmr per btc  edit: I sorely miss the days of almost 1000 xmr per btc  |
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What if Satoshi emerges and says something like: "The coin that's best following the values I stated in paper back in 2008 is Monero. So I would be glad to join their efforts and continue to strive for real money". That moment, Monero would shoot about 100x and Bitcoin would be buried. Not so impossible scenario if you ask me.
SN already did as NS  https://cryptonote.org/whitepaper.pdfalso: Crypto may offer a way to do "key blinding". I did some research and it was obscure, but there may be something there. "group signatures" may be related.
This cryptographic signing technique is the predecessor of ring signatures as applied in Monero. |
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