As Dash fails in the struggle to keep its head above water at 0.01 BTC, Monero heads to the moon on record volume. Of all XMR pairs, Dash is down the most. This is Gentlemen.
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Bitcoin now has a rather nice flag formation after the rise from 200-500 with little media fanfare. The alt's are waking up and the halving is approaching. The only thing keeping bitcoin back is the blocksize debate which will soon resolve either by a HF with majority of miner support, or with Core acquiescing to the demands of the market and miners (3 weeks!) and fixing a 2mb blocksize HF in the roadmap.
It isn't hard to see a perfect storm for bitcoin during times of further turbulence in the major markets, where negative rates are being introduced in Western economies as central bankers start to lose control. Previously there has been a hunt for return and yield with QE and cheap money post 2008 being used by banks to bid up stock markets and levitate asset prices. ZIRP has turned everyone into a speculator with cash offering negative returns and the markets looking crash prone now bitcoin may start to look mighty attractive as an asset class in the coming months with it's unique monetary properties.
The 1st world has had de facto ZIRP/NIRP for decades. But now the mere mention of de jure wealth confiscation sets off rallies in hard liquid assets like gold/Bitcoin, silver/Monero, and platinum/Ethereum. What a difference appearances make! Finally, my doomsday portfolio goes green!
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People do you really think you will succeed something if you attack each other? Please stop with these madness!
We succeeded in driving the price of Monero up 50% overnight. This isn't madness, this is Monero Mountain!!! *kicks ShadowTrash into pit of shame*
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kudo's to the dev that was able to deanonymize SDC, just read about it Improve Monero? Destroy ShadowTrash? Why not both?
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I already did. I see you like kicking an investor while he is down almost as much as the community enjoyed this PR blast. While I appreciate the clarity I still think you all went about it in the most abrasive way possible ("digging in mud" and "flinging crap"). Now you want to keep taunting me or you about ready to move on? Because as an investor, I am about ready to move on.
I do suppose I owe an apology though to iCEBREAKER for calling him a "punk bitch". Sorry about that. Same goes to AP. I couldn't swing my sword fast enough.
It's not about kicking somebody when they're down, it's about cutting through the denial/deflection and utilizing the teachable moment. You started the abrasive stuff; I merely dialed it up until you had enough (never wrestle with a pig... ). Anyway, apology accepted. You are welcome to join us on Monero Mountain. We have ponies, beer, and wine!
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Yes, stupidity still holding strong the last few weeks, while the altcoin market cap surprisingly doubled.
You mean the pump & dump that lost 20% overnight 20%+ correction is to be expected after a 100%+ rally such as the one ETH just had. And a good % of what ETH has lost seems to be going into Monero. But Zarassthrusta is wrong to call ETH and XMR "altcoins." They are not alternate implementations of Bitcoin; they don't use the same code or serve the same functions. ETH and XMR are more accurately described as "compcoins" because they are complements (not alternatives) to Bitcoin's socioeconomic consensus. XMR and ETH are, respectively, the next two steps in the logical progression of crypto-evolution. 1. Bitcoin (e-cash with radical transparency and protocol-level fungibility) 2. Monero (e-cash with optional radical opacity and socioeconomic-level fungibility) 3. Ethereum (world computer that coordinates the new economy and governing structures facilitated by 1 and 2) 4. 5. CryptopiaThat's been the plan all along. It's thrilling to see it happening in my lifetime, especially since the flying car and Mars colony initiatives were subverted/diverted into the traditional warfare and welfare capital sinks (ie money pits).
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Gold revaluation is the ultimate goal of the financial turmoil and gyrations, as the market rejects, ejects, and burns away the decaying layers of inefficient misallocation, fraud, etc. built up over the long Fiat Summer. The proverbial Day of Reckoning is the Kondratiev Winter Solstice, when the total amount of fiat and fiat-priced assets are revaluated in terms of actual (IE physically present and accounted for, not fraudulent paper) gold. Monero is up another 33%, again on record-ish volume, as investors begin to appreciate the value of a 100% fungible store of value with the same nice internet transportability features of Bitcoin. My new avatar and personal text explain the rest.
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Gold was up about $50 today, a huge move (~4%) in one day.
Coincidentally, Monero also "KILLED all else today." It's up 20%, on record-ish volume. I mention that because like gold, Monero is fungible and/therefore anonymous (unlike Bitcoin and Litecoin). Kondratiev Winter is approaching. Watch out for white walkers!
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I am having higher than 0.0001 % rates. I hope the shorters will hold their positions open as long as possible. Polo is considered a trustworthy exchange.
Aren't you curious to discover the maximum lending rate the market will bear, especially in this current big green spike? Charging less than what people are willing to pay seems like altruism, as you are undercutting your own potential profit.
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No but all my Moneros that are available for shorters are fully employed.
Stop lending XMR for such low rates. It's time to squeeze the shorts, not subsidize them. 1% or GTFO. I am satisfied with my rates I am getting. Thank you for your advice but I am going to hold on my lending positions. Low rates aren't worth the the risk(s) of having the funds on an exchange, IMO. Taleb's warning about "picking up pennies in front of steamroller" comes to mind. Are you they guy that insists on putting 1000s of XMR up for the minimum rate of 0.0001%?
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No but all my Moneros that are available for shorters are fully employed.
Stop lending XMR for such low rates. It's time to squeeze the shorts, not subsidize them. 1% or GTFO.
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Also you are colluding with my argument by using the monero model as your retort.
Speaking of Monero, I heard Shen Noether is going to destroy VNL as soon as he's done demolishing ShadowTrash.
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Dear franky1, You are not welcome to shitpost in my self-moderated threads. I warned you not to say "community" again. You are now in my (very exclusive) killfile, as I no longer GAS about your opinion. Most people would have figured that out by now, given the numerous repetitive deletions your shitposts. But since you ride the short bus with Team Classic, I'll give you ample fair notice before escalating the reversion war you've started.
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If I am not mistaken, Shonoe did say he identified where in Shadowcash's source code it is using the wrong deterministic hash Hp. That is all the proof that is necessary. Those of us who are very knowledgeable about one-time ring sigs can clearly see that if Hp doesn't have the correct properties then the anonymity is toast. Award him the bounty and stop whining. If you offer bounties and then make someone do nonsense extra work, then your bounties are not worth attempting. I don't often quote Anonymint, but when I do it's because there is a point to be made, and a lesson to be learned. So erok, do you want to man up and admit fault, or continue burning what infinitesimal social capital you have left after your previous nattering about "digging in mud" and "flinging crap?" Pro tip: when a cryptographer of vaunted ability such as Shen Noether tells you your shit is fucked, it's best not to double down by rambling about unrelated nonsense that invokes irrelevant, futile deflection frames such as "children digging in mud" and "people flinging crap." Because it turns out you are the metaphorical child digging in mud, who (upon being upset by harsh reality) resorted to flinging rhetorical crap. Learn to know and respect your superiors, then submit to their authority as appropriate. Or you will be taunted a second time! You may go now. You are dismissed. Good day, sir.
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Of my old GPU farm I have one 7950 left, and it likes to commit seppuku when mining DCR, so I'll have to work with what I received from the airdrop. Think the main chip in it is getting ready for retirement.
You might be able to undervolt and underclock to avoid getting the old fan too excited by high temps.
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There is no mention on the Bitco.in forum of BIP101 being withdrawn. Why is that? Are they so poorly informed, or is the cognitive dissonance too great to confront until later in the grieving process? I demand a Frap.doc greatly saddened reaction shot! OK, found one! the only force i see is the censorship
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A break above 0.001677 XBT and a break of the red trend line are essentially the same if it happens in the next couple of days.
{{{{B000M}}}}We did it! Go Mustangs!!!
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