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@oblox, correct, exactly my thoughts.
@stan.distortion, I can't recall what the first one was driven by. However, the second was driven by the alledged greece exit. When news came out they would be "saved" by the EU it dropped like 20-30$ instantly.
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So since this is a speculation thread ...I'm guessing all technical levels have been taken out except a double bottom. Fib retracements must be long gone
We got that trend line as well, see my post from a few days ago: It would be nice if we could bottom ~0.0013, that's exactly on the following support line. In addition, we also have some support at 0.00131.  The line is still valid currently. |
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Looks good, a few thousand coins have been added to the depth on stamp but they don't seem to be pushing it down much, think it'll last? Imo it'll get a bit over 300 and take a dive after the auction, I don't think the BTC market has had a will of its own fora long time now.
Bear market has to end eventually. This uptrend from 220-230 looked slow and steady. I feel pretty optimistic given the recent escalation of activity on the Asian exchanges but the auction might push us down a bit again if history repeats itself. Sure, but it could take a while longer. "Markets can stay irrational longer than you can stay solvent". Also, don't want to ruin the party here, but the slope is pretty much the same as the last two attempts at 310-320. See:  EDIT: After looking at my own picture, I see that we had a nearly perfect bearish divergence on the last attempt. Would've been a perfect sell situation. |
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the masternodes should vote on thread moderation and also who the mods could be. trolls will still bump the thread to the top but then they will be deleted unless they have legitimate questions. repeated instamine quotes is not a legitimate question.
I think our thread is fine, there will be trolling in any popular project, I would be worried if there was not. I don't think our official announcement thread should ever be moderated as we have nothing to hide. People that make it all the way into a crypto currency forum are smart people they should be able to judge the work we are doing and decide if they want to support the project or not. i think the best thing to do is put it to a vote. I don't think it can be changed at this stage, iirc self moderation was added to the wall observer thread but it was a special case, needed it too as the trolling got even worse than here at one stage, hard to even catch the legit posts they where going by that fast. Looks like the Bitcoin uptrend has resumed.
Looks good, a few thousand coins have been added to the depth on stamp but they don't seem to be pushing it down much, think it'll last? Imo it'll get a bit over 300 and take a dive after the auction, I don't think the BTC market has had a will fora long time now. People tend to forget the pervasive issues that still exist during this uptrend. I am not getting excited, unless we break through that double top (~315-320) on volume. Also, looking at orderbooks could be quite deceiving, since people use it to influence other's (trading) decisions. Not sure if the auction will have any influence, it's difficult to tell. |
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Fair enough, so to get back on topic: Any news on the iOS wallet and/or Electrum yet? AFAIK both have been overdue for a while now
iOS wallet is submitted for release and still in review by Apple Appstore team. If I recall correctly, they only approve Bitcoin wallets. Not entirely sure though. There are at least wallets for Dogecoin, Ripple and Litecoin in the Appstore. I might be mistaken then, good luck with getting it added. |
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junseth / Bitcoin uncensored comments about Bitmonero/Monero:it's all faith based…"we know that it's fungible!"…how do you know?…you don't know anything about it, all you know is there is a guy at the front of the room saying it's fungible...who's like sales…"ring signatures!" "math! it's backed up by math!"…Well, it's probably not going to work…there's no entropy in your chain.@1:03:00 from soundcloud, Dash mentioned earlier. Their ignorance is quite salient. In my opinion, if you don't have knowledge about a subject, don't talk about it like you do. This is just plain embarrassment from their side. Also, not sure why you posted this? |
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Fair enough, so to get back on topic: Any news on the iOS wallet and/or Electrum yet? AFAIK both have been overdue for a while now
iOS wallet is submitted for release and still in review by Apple Appstore team. If I recall correctly, they only approve Bitcoin wallets. Not entirely sure though. |
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Regarding the implementation and timeline of Monero Confidential Transactions (CT), I spotted the following Q&A on r/monero: this will cause a moonshot eventually. I hope it does not take years to implement & I don't think it will be that long -I have like one bit of unrelated research I need to finish, which hopefully is almost done, and then I should have a couple of free days to spend on it. |
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Regarding the implementation and timeline of Monero Confidential Transactions (CT), I spotted the following Q&A on r/monero: this will cause a moonshot eventually. I hope it does not take years to implement & I don't think it will be that long -I have like one bit of unrelated research I need to finish, which hopefully is almost done, and then I should have a couple of free days to spend on it. |
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They don't sound like smart guys at all. They should make a favor to themselves and avoid talking blindly on matters they have no clue about.
It's false that there is no developer working on Monero. It's false that there is no peer-review, or people judging the fungibility and privacy degrees of various approaches proposed here and there.
They sound truly idiotic to me, like somebody only knowing addition and then mocking multiplication with a mocking voice "yeah mmm multiplication... it's backed by maths. Hahaha...".
That's what bothers me about this one, because on other Bitcoin topics, they're actually spot on. Their ignorance is quite salient.. |
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Ah for a brief moment monero and dash speculators were united chatting about speculation, before the instamine trolling resumed.
We can't control TheDasher, AdamWhite nor iCEBREAKER unfortunately. Ah for a brief moment monero and dash speculators were united chatting about speculation, before the instamine trolling resumed.
And you guys aren't helping... Check my post history here, I haven't FUD'ed nor trolled once. Not saying you have, I'm saying, there isn't any reason to start egging people on. Let's take up where we left off in that case :-) |
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Ah for a brief moment monero and dash speculators were united chatting about speculation, before the instamine trolling resumed.
We can't control TheDasher, AdamWhite nor iCEBREAKER unfortunately. Ah for a brief moment monero and dash speculators were united chatting about speculation, before the instamine trolling resumed.
And you guys aren't helping... Check my post history here, I haven't FUD'ed nor trolled once. |
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Ah for a brief moment monero and dash speculators were united chatting about speculation, before the instamine trolling resumed.
We can't control TheDasher, AdamWhite nor iCEBREAKER unfortunately. |
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Did cryptsy just impose KYC rules out of the blue? Would be a nasty move if it was unannounced. At least poloniex announced it a week in advance.
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I can't believe that changing the emission curve is being discussed in page 800+ of this thread. If the emission curve was such a problem it would have been fixed immediately. XMR's emission curve is what it is so enough already with the emission curve please.
Enough already ?? Whats this year old post have to do with anything? I believe it has to do with the emission curve, not entirely sure though. Anyway it seems to be enough already. I think he meant why this particular post was dug up? Makes no sense to me as well. Anyway, let's take up where we left off. |
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My first report on 0.9 beta release
+ Windows 7
+ Sync from start to block 797721: take more than a day
+ Database size after sync-ed: data.mdb 9,437,187 KB (9.4 GB) (block 797721)
+ Memory:
Private Working Set): 21,277 KB (21 MB)
Commit Size: 109,880 KB (109 MB)
Working Set: 38,040 KB (38 MB)
+ Startup time: About 2 seconds
+ Exit time: About 3-5 seconds
Huge improvements over 0.8.8 release!
Nice report! The bolded is probably due to a slow connection or a HDD. It takes around 45-60 min to fully sync from scratch on an SSD and it took me around 4 hours on a HDD. |
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It would be nice if we could bottom ~0.0013, that's exactly on the following support line. In addition, we also have some support at 0.00131.
--snip-- It would indeed be nice. I can't be the only one here who has an average buy price for a fair chunk of XMR at a level above 0.0013. Been buying at many stops under the 20's but getting too low on ammo to average down any more just now.. It's looking oversold on a dollar value basis, so I am hopeful 13 is bottom. Pitching my last couple of available BTC in now And back above 0.0014, what a rollercoaster. Anyway, if we can "paint" a bottom here it would signal some strength, because basically we bounced of that line now. I think 95%, if not even more, have a average buy in price above the current level. Bear in mind, that we've only been briefly below this level and have been way higher for a longer amount of time. Thus, there is basically no way many people would've profited from it to the extent that they have a buy-in price below this level. Furthermore, the daily and the 3D RSI shows that we're heavily oversold. I've never seen the daily RSI this low (~20) and even the 3D RSI is droping below 30. |
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i'm gonna post something in here that i recentely posted in the Dashtalk forum so everyone reading this knows the difference between of Instamine (also called Fastmine) and Premine :
Premine : Coins were given out before mining started. That means basically in the genesis block a certain amount of coins were distributed to accounts when the chain started.
In PoS coins, this is typically a 100% premine as all the coins are created at block 0. An popular example of this is NXT.
credits : SomethingElse
Instamine / Fastmine : is different and also has a much broader definition. That is when a cryptocurrency in its early hours / days / period due to either accidental fastmining (Dash) or intentional crippling of mining software (Monero) or 1 person / group ending up with a large number of coins (Bitcoin / Satoshi 1 million BTC) delivers a lot of coins in a select few hands.
The whole cryptocurrency scene could be seen currently as an Instamine to the largely unaware outside world as only a small percentage of the human population is aware of it .. although the high Bitcoin price in 2014 and the media hype that followed after that could have changed that by now.
First of all, Monero was forked from Bytecoin. Thus, it ended up with a crippled miner due to the forking, not in any way was it intentional. Also, the mining code was fixed within the week. Furthermore, Monero didn't deviate from its original schedule. That's the biggest difference here and you fail to comprehend that. but I suspect the group running their coin hold 99% of it and have no good intentions towards crypto. @stan.distortion, could you elaborate on this? I am assuming you mean bytecoin or something? Btw, I am not saying Evan + friends were the sole miners at the start. However, you can't counter that argument based on IPs alone. |
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It would be nice if we could bottom ~0.0013, that's exactly on the following support line. In addition, we also have some support at 0.00131.
^^Posted about 45 min before another 10k dump down to 134. There I got enough to complete the extension on my Monero house. However I still need furnishings. FYI: It was posted after the dump :-P |
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Ahh, butthurt trolls missed the boat and want a restart  Or maybe he was in at the start and sold out way too early and wants another go? There where hundreds of IPs mining as shown from the thread when folks where having trouble syncing, just like any other coin launch, miners jumping on low difficulty for fast profits but it gets brought up again and again and again by the same small group. There's a detailed analysis here if anyone really gives a shit: https://bitcointalk.org/index.php?topic=421615.msg12689175#msg12689175That doesn't say a thing, for all we know it could've been one entity spinning up multiple instances on AWS and Azure. You simply can't make that argument based on IPs alone. |
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