There is a thread Monero Economics for this kind of thinking, and Monero had a period since inception ending in December 21st, 2014 that it was a tabletopic.

It is clear that there is a need to secure the network, and no much research about what might be sufficient. Any certainty cannot be had in case of a currency that is <1 year old, but much more research should take place, to not rely on guesswork alone.

Also whether a value close to gold is optimal or not, cannot be known. Gold's inflation over history has ranged from 0-3%, with the average being as low as 0.2%.

In the long term, even the 6% inflation that has been the average in the U.S. after the 1933 ban on gold (previously gold was money and prices went down), is very destructive on your capital (leaving 0.2% left after 100 years). So a lower value is probably better.

On the other hand, the extreme of 100% premine and consequently 0% inflation is laughable.

I repeat my thesis that the inflation should mimic gold, so that new currency could be created at a variable rate depending how much need there is, preserving both the first-mover advantage without which it has no chance to take off, and the late-mover fairness, without which it has no chance to fly.

AFAIK, only CKG has this emission formula. To implement it in a P2P distributed software, might require solving challenges.

On topic. I have abstained from wine for 4 weeks at least, but plan to start again soon as I have time. Cigar quality has also deteriorated, today's one was a dry Cusano, with no much enjoyment. Shisha is more to my liking these days.

I have given up following BTC price, because of no trading since a year ago, and no plans to trade until the price is about $4,000 and counting. Since my whole investment paradigm is one of extreme risk aversion, I don't invest in paper vehicles at all and hold exactly the same portfolio of assets as I did a year ago, with the exception of some purchasing of XMR, which is the only altcoin I have ever purchased.

XMR price I follow occasionally, but it is not a biggie, since - like BTC - I would only consider selling at a significantly higher price than what I bought (it is still at a lower price). My BTC sales were at 200x the buy price, so it is not likely that I would sell XMR at any less of a gain. Luckily the financial situation of the family is solid so there is no need to sell, and unluckily the world economy is fragile so there is nothing to buy.

The time is now fully spent on developing the game Crypto Kingdom, which is going to V.4 Reconstruction soon (the first version with an inhouse developed browser gaming engine).

Lots in San Pietro sold.

Originally probably not much. When considered more during the emission debate, all possible arguments to each side were evaluated but due to the future being uncertain, no "solid truth" was reached so the old one stayed in force.

0.3 is believed to be sufficient to secure the network, while being low enough to not make XMR lose the long term storage of value property. (It is quite close to what gold is now.)

My own thinking is that it should optimally (so not in XMR) be adjustable based on the economy growth, but there is not even serious tries to make a code/formula that could monitor it with preset rules to govern the emission. (Gold has this, fully automatized.)

There was announced a RWWC-Rouen Windows Auction but the deadline was postponed due to the windowcounts not being ready (also Easter).

This auction new deadline is in ~3 days. To be auctioned are 5,000 standard pane sqm of windows that are mandatory to use in all new and old buildings (except those who are now windowed) during V.4.

The good news is that because of favorable developments in exchange rates, the cost for RWWC is reduced to 120,000 m/sqm, which is the new floor bid.

The presence of windows is not mandatory for the Building to be usable. "Windows&views" multiplier gives typically values of 1.0...1.2 for buildings that have windows (it is also dependent on the use of the building, with Apartments benefiting less from windows). If no windows at all are installed, the values are in the range of 0.6-0.7. Therefore, as a rule of thumb, an apartment building that had little windows to begin with, suffers about 1/3 reduction in income by not having them, and a lofty office/hotel/special/residence building is reduced to about 1/2. Not having windows for an extended time counts for increased deterioration.

The auction is solely conducted in /RWWC tab in the game DB in order to not clutter the thread.

Other good news for builders. Negotiations are in progress for Labor to become cheaper as well, and for the same reason. If XMR/BTC persists in the trading range, a reduction upon V.4 is most possible. Stone price is determined domestically.

Even Town cut for building is going down. We have had intense fellowship with architects, engineers and scientists about the Earthquake, and the learned opinion is that the Earthquake was a one-time unavoidable semi-natural event. The damage delivered to the prestigious buildings was expected. The only way to avoid it would have been to not build anything nice in the town ever. That 6 buildings collapsed, should not shadow the fact that 200+ did not, and among them are such cultural/-ed and engineering masterpieces as the Royal Palace, Grand Hotel, New Liberty Town Palace, Theatre, Arco, Citadel, Embassy Tower, New Grand, HofM, Clocktower, PofC&S and San Pietro, in the order that some come to mind.

There is nothing profoundly wrong in building high. Except in Swamp, the ground is suitable for building, and we know how to make the buildings stand, and know how to measure the integrity, and know how to take repair action. Now we know all this. It is a tradeoff we must consider, since the land in some places is expensive, and some uses of the buildings require certain stature, including height, or the roof gardens. The price we normally pay is increased deterioration, but that's only a cost item.

The Earthquake damage was dealt differently than normal deterioration. It punished structures that can very well handle static forces, with dynamic forces. Since we cannot live our life in fear, there will be no restrictions on future building to make them more Earthquake-proof. If someone wants to take this into account, he has 6 examples of what kind of construction might be better avoided (especially if left unrepaired for 100 years!).

To the contrary, the Town is now lifting the tax for building high. As previously the extra cost for floors was 5+5% per floor for all additionals, now it is only 5% and goes totally to workers. This decision was done because the previous announcement that Town will start to tax buildings according to floor area. These taxes hit largely the same thing, so the other one was abolished. Haws are exempt of the new tax. Owning empty land was not and will not be taxed.

There will be a little more codified rules concerning luxury% though. Not that it was a problem so far, but the situation is good for some clarification: A Building can from now on often be the size of a single room, because the Businesses/Buildings interaction. It may seem tempting to make one room apparently full of luxuries and appear high in the Halls of Fame. There will be caps on how high a luxury% can be, and it is determined by the floor area in the Lot and in the Building, the appearance of the building and the room height. Nothing new, previously these were enforced by the BI's discretion, now they will be more formal.

I visited the Church and there was preaching against the luxuries in general, they even drew a connect between the luxuries and the Earthquake. Concerning that San Pietro own rating is 240%-300% and mine is currently 0-123%, it felt amusing. I did not utter a word though, it being possible that the Blessings played a role in my own buildings not collapsing. We will never know (though it is strange that no correlation analysis has been attempted despite the data being public).

450 in B5

About 8 hours left for this auction. We decided that it's fair to auction these as 4/6 prestige lots had been sold at the ask of 400 mil each, and now the coming of Round Table House will likely increase the value of the surroundings. So instead of me buying them outright, there is an opportunity for others as well. The excess (over 800 mil total) goes to the Fellowship of the Round Table.  

If the King wins both lots, they will be rezoned to (possibly) 3(wide)x2 lots with a 6-10 m wide N-S lane in between, and some put back to the market. In a similar location in 2-E the Triple Towers now stand on land that cost about 50/q.

Enough shooting myself on the foot now  

Many wonder: why have rape, torture, domestic killing squads, etc. become the modus operandi in the U.S. Administration Forces?

The country has been a thinly-veiled empire since FED was established, but rape, pillage and destruction were not really in the toolkit during the WWII for example. Invariably, people fled the advancing Soviet forces, wanting to surrender to the U.S. forces, who treated them well within reason. Now, all the leading thinkers, innovators, and doers who get into trouble, flee the U.S. for their life, settling to live in places like Cambodia, Austria and New Zealand, and to hide in the places such as Russia!

Dr. David Duke knows the answer. But beware: a certain business mogul in Finland once let one of his publications to publish a few pages of David Duke text, translated. The establishment attack was swift and harsh. He lost the magazine but still owns the other businesses, because the enemies have not found a way to totally destroy him without it looking suspicious. Yet.

"If you want to know who has the power, check whom you are not allowed to question"

I can slander up to the limits of my conscience: any world leader, any authority in my country of residence, any branch of government, the Justice system or the Army. But questioning the Holocaust puts me up to jail (while the Holodomor is ok, as long as you don't mention the ethnicity of the people who ordered it), and questioning the crimes of non-European immigrants takes me to court (while discussing the crimes of ethnic Finns is ok).


ADD: Slandering President Putin is ok for us, but not for people in Russia. Slandering the King of Thailand is ok for us, but not for people in Thailand. Slandering me is ok for anyone, except in the context of Crypto Kingdom where even conscious refusal to address me as Your Majesty, will lead to cancellation of account and forfeiture of assets. These examples tell that in some domains in the world, there are local powers, big and small. Interestingly, the slander of POTUS is not punishable offence, adding to the evidence that the power is somewhere else.

We of course match the contribution of Lord Noms with an equal donation of the best stone, delivered in B.5!

In the memory of Sir Rhadamanthus, we also donate a Most Ancient carpet formerly belonging to him, to the treasuries (or use) in the Round Table House.

Because such a massive and prestigious project (the largest thing ever constructed in the Town, undertaken by the 10 most worthy Knights of all) is commenced, the Town puts the lots immediately facing the Round Table House in auction.

5-N-B4
5-N-B5.

They have been for sale for 400 mil each, and this is the starting price. Minimum raise 25 million.

King bids 400 mil for B4
King bids 400 mil for B5

It looks like that the monumental centre of the town is surprisingly moving to the new 5. Borough (San Pietro), where both the namesake Church and the Round Table are now moving. The lots now on auction might quickly gain equal stature as the best ones in 2-C or even surpass them due to very close proximity to the Obelisk, and the easy access there via 30 m wide road (OT and NC are not connected by road, just a beaten track).

The future plans are that King donates at least equal amount of land in C&S to the University functions, and that will cement C&S's position in what the name suggests. The 4. borough will be restricted for poor people, reports say that it is unhealthy and also buildings are deteriorating rapidly. Of all people, the poor are unfortunately most suited to live in such conditions. (That the land is free, has created an insatiable thirst for it in the business circles, but it is now not the point to let it be exploited by them.)

The auction closes in 24 hours.

The Ancient Fellowship of the Knights of the Round Table has met, with the following decisions:

We decided to buy 36 q of land in the 5-N Chapelry (2 "prestige lots" from the Town) for 800 million total, for the building of The Round Table House. The Royal Architects were commissioned to make the plans.





No cost nor sqm totals are yet available, but the main features in the finished building (it will be built in stages):

- 56x56 m base, 50x50 m body completely closed square with inner elevated courtyard.
- height from street to top of the towers 37 m, 7 floors max
- Knights access with carriage via passage to the courtyard, then 11 m high halls and galleries to the Table Room
- Table room round domed, d=22 m, h=9-15 m, spectator seating in higher level, table diameter 14 m to seat 50 Knights
- Main staircase 12 m ascent, 3 m wide, 21 m high
- Grand Ballroom 48x9x9 m, Small Ballroom 24x9x9 m
- Chapel 13x9x11 m
- 50-70 offices for Knights (15-100+ sqm), 20-30 commercial properties all in street level to let
- 3-story public section (Museum or similar)
- Crypt and treasury
- Courtyard garden, terraces, balconies and roof gardens
- Nearly all rooms incl offices high-arched because they are so big that it is necessary
- Extensive supports and buttresses throughout, inside and outside
- Very much light because the width of the building is only 8-11 m excl the domed part.

It is true that the upper bound-zone is wider, and therefore more elusive as well. Regardless it is there, so that I'd much rather advise to buy now and wait what it takes, than wait for a breakout from the upper bound, of which we can really be sure only when the price hits 0.015, more than 4x the current price. I don't think waiting for that before buying is justifiable. Every other breakout in between could be false, and you just buy at a slightly unoptimal price, which in the end does not matter.

Well if more people had this mindset, the rise would be gradual and there would be no trading range, just a slow rise (what you said, originally ), chewing through 0.0045, 0.005 and whatever resistancies there is, in the following months. The presence of speculators does not make it possible, they will always come late in the rally and be early to exit.

Finally, the figure of speech "bears to make a stand" rubs me the wrong way. If you are truly negative towards something (like I am to dash), you ignore it and never buy it, and consequently have neither voice nor votes in determining how its market goes. The whole picture is so convoluted because "bears"/"bearish" are people who hope that the price would go down (so that they can buy), while "bulls"/"bullish" are the ones who are already maxxed out and hope that the price would go up for them to be richer and/or to sell and "profit". Understanding of this is so vague that using these terms and seeing them used does not convey reliable information, (except in cases where the context totally defines it, and the animalspeak could have been omitted as redundant).

The trading range is derived from the price:volume scatter chart, which indicates that half of XMR volume ever traded was traded in that range.

The price and volume have been sluggish the day after the "hammer candle breakout". I tend to interpret it such that the breakout was short covering and the new wave of the new money is yet to come. Because I am not the only contributor of new buyers (and frankly I don't have time for that right now because CK release), it is not possible to know when it happens.

Overall, this fits in the "trading range" big picture: it is possible that we spend weeks, even months without breaking either 280 or 450. Because this would be a most suitable outcome for myself, I have the gall to believe that there is a reasonably large market segment thinking the same, thus enabling portfolio reallocation for those wishing to do so at a mutually agreeable price. If new buyers emerge from my contacts, I won't be announcing it, rather hoping that the price stickiness is such large that they can buy hefty amounts in the range, before the breakout from 450 happens.

IRL it is mostly futile, the people who realize that they embrace doublethink is so small that the chance you find them at random is - well - not worth your time.

Internet is a good channel while it exists. The most TPTB can do is to send trolls behind you accusing you of crazy paranoia. It has to be accepted that your audience is not the trolls (who are often paid, and regardless, they are as incurable in their beliefs as anyone) but the lurkers. I get a load of thank you posts in PM, which has to mean that the number of people actually thankful must number in hundreds at least, because most don't post. Reaching hundreds of people IRL would hardly be possible in a lifetime.

The daily lesson

"Doublethink means the power of holding two contradictory beliefs in one's mind simultaneously, and accepting both of them. The prevailing mental condition is controlled insanity."

An example of this (and several other Orwellian concepts) is the capability for many to believe that the cruelty the U.S. military forces in other countries is justified because (insert the current truth here), yet there is no danger present in the homeland because it is the land of the free and the administration is good.

This is a particularly striking example as, fitting to the thread, there is no lack of evidence that even the police is armed with heavy weapons that they frequently use in an apparent random manner against people who are just unarmed petty criminals or innocent bystanders. In every other place killing squads are called "terror against civilians", I don't know what the official politically correct newspeak term is.

It truly is controlled insanity. If someone does not bow to it, he is labeled crazy. The world is a quite ironic place for us sane people...

You are all correct. I did not perceive that you were trying to dismiss my point, though. (Or that the whole post was not directed to me really, despite the quote.)

Since, that is the reality there, I have been instructing, and still do, the Christians and everyone with conscience, to leave the country as it is obviously broken beyond repair + a very dangerous place to live for those who would in a sane system be the pillars of society.

Sounding doom alarm does not make me popular, but I see all the signs being present that in the coming years, a wholesale destruction is planned for the intelligentsia of the U.S. That the administration builds concentration camps and the movie director that wants to handle the topic is murdered to his home with family, should, should, be a dire alarm in itself, without me needing to remind of it from the different side of the globe, obviously increasing the danger level of me and my family.

When the Bolsheviks came to power in Russia, they not only murdered the Emperor and his family, but everyone posing any perceived threat to them. All people in any power during the Tsar regime, priests, teachers, officers, about 2 million in total, were killed directly. Holodomor was a genocide against the Ukrainians, with about 10 million deaths. The further terror in 1936-37 killed millions and thinned the thinking ability in the Red Army so much that they could not even conquer Finland in 1939! (It would take about 2 hours for Russia to do it now if they wanted.) In the 1950s, the Gulag network was the place for millions of people who were not totally obedient to the system. The system was so deeply entrenched that killing was not necessary.

Now, it was rather difficult to see the rise of Bolshevism and these events beforehand. Seeing what direction the USA is going does not, should not, take a genius. To continue to live there, you are actually taking a conscious choice hoping that the system feels they have such absolute power that a killing spree is not necessary. They are certainly taking the preparations though. There is no other country with a greater disconnect between the small educated, conscious, thinking minority, the brainwashed-beyond-cure majority and the more-powerful-than-the-rest-of-the-world-combined administration that is quite plainly terrorising its own citizens.

Hoping for a peaceful resolve is something I would rather do from a distance. Thank you for reading.

It is an interesting piece of statistics nevertheless. It tells that bid side has been so robust that instead of setting up ask walls, the dumpers have chosen to make a market order. And, perhaps resultantly, the ask side has been so thin that few have chosen to market buy.

There is no need for much funding. Monero is very little funded, and more actively developed than Bytecoin. Also CK did not really receive any funding. Same with Bitcoin.

The marginal benefit of money when doing something truly great is almost zero. CK character "Town" is paradoxically awash with money ($10,000s), but we did not find any use for it, we would like to have marketing but did not find a way to spend money on that +EV. After the release, unless it is required for development, we'll just return it to the characters.

Yet only said that Judging is bad.

Anyway I don't know this methodology at all but the test was easy, and I got INTP. For what it's worth, let it be known. Likely the true practitioners could have deduced it anyway concerning me if they were interested.

Ironic. When Finnish Customs confiscated all my assets (mainly gold and silver back in 2008), I was so accustomed to my friends' stories from the states, that I was sure I would not get them back. The still ongoing Liberty Dollar seizure and theft was a recent example.

I got all back.

Levelheaded analysis is required whether there is an actual chance to get the stuff back. Most Internet commentators do not really know the details so much that their opinion should be valued, me included.

Fighting for your stolen property also distracts you, so if there is a higher goal in your life, one option is to strategically ignore them. That's what I do when I don't file for tax returns, in effect paying the taxman more than even they think is needed. I have more important goals in my life, and my past decisions have reduced the taxes to quite manageable level.

As Christians, you might appreciate the history how an unjust treatment may become a financial blessing. I hardly had €100k in assets at the time when they were confiscated. God turned the publicity of this harsh treatment to a success to my business, and I made it to millionaire ranks in the following 2 years. (Joseph story in the Bible is a more striking example of course.. I feel more like Jacob who became Israel through a lifelong process)