I honestly dont think it's being used much, and is purely hype from the biggest dnm's....
Buyers and sellers dont want such crazy volatility, btc is already too much....
Bitcoin was/is used on the DNM's too and was supervolatile too (google the chart for 2013 if you will)... it's still used there... but now also mainstream... now what's your point? exactly, noobs and their thoughts, worth jack shit... no one cares what you think, if you can come up with some research about the use of XMR on DNM's I'll be very happy to look into it. the value proposition of XMR is anonimity... as in, your transaction history isn't public for all to see until the end of time... out of that comes fungibility... Then there's also the dynamic block size etc... TLDR: do some research before you open these kind of (stupid) topics... It being used on dnm was what artifically pumped the price because a major dnm implemented it. The fact is it ISNT being used, its just there as an option. But NO ONE is accepting it, and NO ONE wants to use it in regards to DNM. That is my only point. Facts need proof, otherwise it's just your opinion... your opinion is worth just as much as mine, nothing... please deliver proof that NO ONE is accepting it, and that NO ONE wants to use it... otherwise this is just another useless topic based on thin air... best regards, |
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similar breakout was already at 14 related to your chart...i would be careful but bad tongues would say i only say that cause im short xD
you're right about that, one can interpret charts however one likes... just looks nice... you evil shorter!  |
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dayum, now that's a nice break-out...  |
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I am selling all the XMR i mine, there is many problems with monero -the transaction fee is insane(one million times higher in $ than XDN) which makes it very expensive to use high mixing number. -relies on pure PoW for security. -all wallets suck, you cant even have multiple addresses, garbage. -no direct XMR to fiat exchange, almost no real world use. -likely to be out competed by a superior altcoin(not enough network effect). They are claiming that all other anonymous coins is scams which is bullshit, i does not really like dash but i would not consider it to be a scam. Digitalnote exists that offers a good wallet and the ability to send messages anonymously and will implement PoA. There is nothing special about monero, it is getting pumped hard now but i doubt it will last, a lot of people are making money shorting it now. - fee just got lowered with the new release - bitcoin uses pow, better sell them all now... - GUI is under active development and almost ready... - yes there is: litebit for example, others will probably add xmr given the volume on polo for the last month... - that's always possible, wouldn't say it's likely though, xmr has more network effect already than other anon coins, don't know why you're using this as an argument... Dash is a proven premined scam btw... Will look up on digitalnote, thanks for the tip. There is something special, it's fungible and it has actual utility now... best regards, |
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This is FUD from almost 2 years ago from notorious scammer BitcoinXpress, nothing ever happened btw... no idea why this is being posted now? |
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I honestly dont think it's being used much, and is purely hype from the biggest dnm's....
Buyers and sellers dont want such crazy volatility, btc is already too much....
Bitcoin was/is used on the DNM's too and was supervolatile too (google the chart for 2013 if you will)... it's still used there... but now also mainstream... now what's your point? exactly, noobs and their thoughts, worth jack shit... no one cares what you think, if you can come up with some research about the use of XMR on DNM's I'll be very happy to look into it. the value proposition of XMR is anonimity... as in, your transaction history isn't public for all to see until the end of time... out of that comes fungibility... Then there's also the dynamic block size etc... TLDR: do some research before you open these kind of (stupid) topics... |
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Why do all the topics discussing anon coins start with jibberish about monero's price? Seems lots of these 'projects' are pretty insecure about themselves...
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really sad for xmr....i had really high expectations its still the better coin but i could imagine that alphabay will soon terminate the acceptance of xmr  @aminorex He did it right. Its only 1,8% acceptance. Of course you can make it looking better with different settings but the truth is that the acceptance is decreasing. ha ha, panicking newbie... please, sell your coins now and drive the price to 0.0139, I'll be a happy buyer! best regards |
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The pseudonymity was thought to be good enough, but it has been shown several times that this is NOT good enough because of chain analysis...It is way too transparent. Wake me up when "chain analysis" starts catching some criminals. Dude, this is very, very naive... I happen to know a lot about datamining myself... I am absolutely 100% sure dat chain analysis will help catching some criminals... But it already happened in 2015. The two FBI cops that thought to get away themselves with some Silk Road stash, got exactly nailed that way. I provided a link. Jup indeed, and I'm sure it will happen again... the algorithms and models will get better and smarter, more people will get caught... Gimme a break with the bullshit. Google the damn story. They were caught stealing.. it had next to nothing to do with Chain-analysis. Wow you all like to bullshit hard. Them bags feelin' heavy ? pffff, normally I don't respond to you spewing jibberish, but I stumbled upon this: http://www.computerweekly.com/news/450302807/Expect-ransomware-arrests-soon-says-bitcoin-tracking-firm-Chainalysisand to totally get to your level of speech: SUCK IT B*TCH bye |
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The pseudonymity was thought to be good enough, but it has been shown several times that this is NOT good enough because of chain analysis...It is way too transparent. Wake me up when "chain analysis" starts catching some criminals. Dude, this is very, very naive... I happen to know a lot about datamining myself... I am absolutely 100% sure dat chain analysis will help catching some criminals... But it already happened in 2015. The two FBI cops that thought to get away themselves with some Silk Road stash, got exactly nailed that way. I provided a link. Jup indeed, and I'm sure it will happen again... the algorithms and models will get better and smarter, more people will get caught... |
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The pseudonymity was thought to be good enough, but it has been shown several times that this is NOT good enough because of chain analysis...It is way too transparent. Wake me up when "chain analysis" starts catching some criminals. Dude, this is very, very naive... I happen to know a lot about datamining myself... I am absolutely 100% sure dat chain analysis will help catching some criminals... people make mistakes, it's enough for them to have their name connected to one address being used one time and via the blockchain all their transactions can be identified... You too must see that this is very problematic... When law enforcement detects 1 shady transaction with your name on, they can just check all your other transactions ever made on the blockchain, that won't look good in court... with an obscured blockchain, they can identify 1 shady transaction, but this doesn't automatically give them insight in all the transactions you ever made... |
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this was considered a selling point for bitcoin for a long time. it's kinda undignified that the same argument used by mainstream assholes is now being used by people in the bitcoin space against xmr.
well put indeed... seems lots of bitcoiners have become the mainstream-assholes now... wtf... best regards |
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there was nothing to support the last pump besides large investors holding enough of the total monero to force upward movement without resistance.
they may do it again, though I believe they will liquidate their holdings for now and buy back in once the price settles.
nope, gaining utility means nothing... monero is usable in a large economy now (DNM), if you think that's nothing, that's ok but stupid... best regards |
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I have a question about Monero. Ok we are seeing that some people here are saying that Monero will be bitcoin's real challenger. Let me ask, how is the hashing power of Monero? Is the network strong enough to repel a 51% attack. I believe it will be the latest target for hackers, now with its new found high value and notoriety in the darknet markets.
well, you can't compare the hashing power of monero and bitcoin, it's two different algorithms... hashing power has been steadily rising: http://www.coinwarz.com/network-hashrate-charts/monero-network-hashrate-chartabout the possibility of 51% attack, I'm sure someone smarter than me can enlighten you (and me) |
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I still don't get how you get to this point... Cash isn't less valuable because it's more private than a bank account... au contraire, cash offers more freedom to do what one wants... but oh well, we'll have to agree to disagree then, future and 'the market' will tell who's right... I'm not saying maximum anonymity shouldn't be persued - it should. The reason that cash or gold is anonymous is because each note or bar looks more or less like any other. There is minimum distinction between one unit of the money and another. But "privacy" is a very different thing from fungibility. It implies hiding something from view completely. If you listen to David Latapie's presentation on Monero a couple of years ago for example, he doesn't stop going on about how it's "invisible". Privacy is not the same thing as fungibility or anonymity. Fungibility can be legitimately pursued without loss of blockchain transparency. You can make the blockchain fungible and still have a blockchain.info type total openness and accountability. The important thing is that if you want the entire world to endorse it as "money" then that transparency must not be dependent on holding a private key. A public key must be enough (...and I mean ADDRESSES, not meaningless transaction numbers). I have to disagree... bitcoin becomes less fungible because it's less anonymous... Bitcoins can become 'tainted' because there's the possibility to look back in transactionhistory and identify coins that were used in shady transactions... so now you have 2 types of coins: pristine and 'tainted' --> so bye bye fungibility... Transactionprivacy and unlinkability is a condition to remain fungible in my (humble) opinion... without it, fungibility evaporates... but again, we can disagree... best regards |
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Blockchainanalysis makes it perfectly possible to identify your entry-point in the blockchain and discover all your addresses You make the asset less transparent, all you're doing is corrupting it and diminishing its value - bottom line. I still don't get how you get to this point... Cash isn't less valuable because it's more private than a bank account... au contraire, cash offers more freedom to do what one wants... but oh well, we'll have to agree to disagree then, future and 'the market' will tell who's right... good luck anyway |
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I'm on board with you guys. Every time I see flufflypony anywhere, it's quite discerning on the level of actual participation he portrays to the community. No matter where I go, I see, "why don't you work on the GUI", or, "we do this all unpaid and I'm not selling my small satchel of coin".
Small? The average joe is broke compared to these guys. You don't have to premine to buy half of your stash outwright when it's so new that someone selling their coins for .25 cents a piece thinks it's a rippin profit. Not only that, but being the first to actually mine when it hits shelves... The audacity.. It's a literal slap in the face.
Don't fret though, the millionaire will be back to plead his case. Probably tell us we should work on the GUI ourselves. I'm really losing hope in what I once believed in. It doesn't matter who can and can't use a CLI. The coin will never reach heights without a GUI. It's simple usability for any person wanting to get in but cant, because they aren't CLI friendly. Not everyone can compile from source, but everyone (figuratively speaking) can have a cash flow to spend on items.
I see that this programmer of the GUI is well-rounded in over a dozen languages, but can't seem to find out how to create a simple open source wallet. Maybe they talk him up more than he's worth, or maybe they're just sitting around having a good ole time.
Oh well. I'll still hold onto my small stash.
here you go: http://bfy.tw/7gsefirst link, third wallet, easy... best regards it is an url shortener, is it safe ? crap ok, you're right, not a smart move, but it was for the surprise, here you go: http://lmgtfy.com/?q=monero+guibut now everybody already knows the joke  |
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Bitcoin is more transparent then bank transfers. Everybody can see how much you own and track all transactions. Why would any sane person prefer this over usual bank transfer or a privacy protected blockchain like XMR? A blockchain address is not a bank account. Thats the whole design folly of "obscured" blockchains - they impose a flawed, record keeping archetype on cryptocurrency just because thats what people are used to. You do not "own" an address. A blockchain is a public ledger over which you may have some control by means of a private key. The fact that it's public is what gives your private key its value in the first place. If you make the public part of the blockchain "private" (as well as the private part) you just trash the value. Ok, so the public address is hidden - who cares. A fully transparent blockchain will always be far more valuable than an obscured one. who cares? Do you know how many people are trying to hide their wealth in the world, don't you see the 'evolution' we are in, more oppressive government, negative interest rates, financial repression... they're coming for your money... they will keep coming and they will rob you blind... Blockchainanalysis makes it perfectly possible to identify your entry-point in the blockchain and discover all your addresses, so they can know exactly how much you own and calculate how much you must give them... an obscure blockchain based on mathematical and cryptographic principles so it can't be tampered with is far more valuable then a public ledger where you, your neighbour and the governement know exactly what you have, what you're doing with it, and if they feel the need, can just proclaim your 'money' void... But I have a feeling you just don't want to get this, I can't believe a person would resort to such illogical arguments if he wasn't defending a hidden agenda... Your hidden agenda is 'Dash' and losing the privacy fight against monero... So now you guys are coming out that a public blockchain is a feature and privacy actually doesn't matter this much... come on... we're all grown-ups here... good luck dude |
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I'm on board with you guys. Every time I see flufflypony anywhere, it's quite discerning on the level of actual participation he portrays to the community. No matter where I go, I see, "why don't you work on the GUI", or, "we do this all unpaid and I'm not selling my small satchel of coin".
Small? The average joe is broke compared to these guys. You don't have to premine to buy half of your stash outwright when it's so new that someone selling their coins for .25 cents a piece thinks it's a rippin profit. Not only that, but being the first to actually mine when it hits shelves... The audacity.. It's a literal slap in the face.
Don't fret though, the millionaire will be back to plead his case. Probably tell us we should work on the GUI ourselves. I'm really losing hope in what I once believed in. It doesn't matter who can and can't use a CLI. The coin will never reach heights without a GUI. It's simple usability for any person wanting to get in but cant, because they aren't CLI friendly. Not everyone can compile from source, but everyone (figuratively speaking) can have a cash flow to spend on items.
I see that this programmer of the GUI is well-rounded in over a dozen languages, but can't seem to find out how to create a simple open source wallet. Maybe they talk him up more than he's worth, or maybe they're just sitting around having a good ole time.
Oh well. I'll still hold onto my small stash.
here you go: http://bfy.tw/7gsefirst link, third wallet, easy... best regards |
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Edit, wasn't gonna reply, did it anyway...
It's not based on subjective anything.
It's based on the observation that there are in principle 2 types of money - variously characterised as commodity money vs debt money (or if you like "past money" vs "future money").
----Ok, this is a correct observation… but this doesn’t add anything to your previous arguments…
Blockchain addresses are not bank accounts and to make that analogy is to mistake one of those two for the other. Bank accounts are a record that is synomymous with a person. They therefore constitute "backed money" because the account balance is only worth anything as long as the holder underwrites it.
----Nope, bank accounts are worth what’s on it… The account-holder doesn’t have to underwrite anything… You’re confusing things here: “Underwriting is the process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing either equity or debt securities.” This has nothing to do with bank accounts… FiatMoney isn’t ‘backed’ because a person underwrites it… It’s not backed by anything, one could say it’s backed by faith… So it’s unbacked money…
The value at blockchain addresses on the other hand is not undwerwritten by the holder. On the contrary, it's underwritten by everyone except the holder - i.e. the market.
----The holder of a blockchain-address is part of the market, but again, nothing needs to be underwritten here… If there’s bitcoin behind an address, there’s bitcoin behind an address, ‘underwritten’ or not…
By obscuring the blockchain one is not creating "privacy", one is just vandalising an otherwise near perfect electronic commodity and creating an impoverished version of it based on the myth that 'privacy' adds value to it.
----Again, your own subjective opinion… The blockchain is a tool, not a means… By obscuring the tool one doesn’t vandalise anything. One doesn’t create an impoverished version, just a different version that has the same functionality but is not transparent.
By that logic, dirty, contaminated gold is more valuable than 24 carat, pristene unambiguous gold because it's more "obscured".
----WTF? What kind of weird logic is this? So you’re saying that contaminated gold is more private than pristine gold…
Not very clever
----I know, seems you don’t understand ‘money’ at all…
So called "fungibility" is another thing altogether. In cash media, it can optimise the level of anonymity of users but there is no conflict between a fungible and transparent blockchain. In fact a high level of fungibility positively implies a high level of transparency.
----No, just no, there is a conflict… in a transparent blockchain the coin is NOT FUNGIBLE… the transaction history can be looked up and dirty coin can be identified…
Dude, you’re so far off here, it’s painful to read… Are you brainwashed or something?
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