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2821  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency (mandatory upgrade) on: December 04, 2014, 11:55:56 AM
This is an ongoing process. Can you point me to a current discussion that takes into all the coins and their varying approaches on a day or week-to-week basis? I know where Monero stands, but other coins have changed their approaches, and like some other people, anonymity is the golden grail for me--so the most anonymous wins if two or more coins aren't equally anonymous.
And that bugs me. I know that Monero stands mostly for that, and only for that. It equals Bitcoin in each and every aspect when you just look back onto Bitcoin's timeline. Bitcoin once wanted to be mined on desktops by literally everybody and their wifes, reaching out onto the internet and these myriads of participating online people.
Was anonymous internet money, once upon a time.

What is left of that now? Recently even the Bitcoin hashrate and difficulty declined, people asking if a big mining cartel was shut down (Butterflylabs was supposed to run a huuuge collocation, funded from customer's moneh  Wink ). Mining is centralised, there are some big cartels and perhaps a slightly bigger number of mining pools. P2pool practically never gained ground (how about XMR p2pool ?). If you tell people you just bought ASICS they do give you pityfull looks.

This coin is not changing the approach so how could it change the game?

Totally exspecting Monero to be what Bitcoin is today in some years. And I dont mean that it will reach somewhat 300$ a coin, which it may or may not reach in value. Instead pointing out that Monero will "just be like Bitcoin" and somehow I doubt that will be enough for the holy grail (it isn't "golden" you infidel  Tongue) of crypto, the "mass adoption". If we are honest with ourselfes, goals, targets than it isn't merely about value, it is all about adoption.
2822  Alternate cryptocurrencies / Altcoin Discussion / Re: CPU only mining dead? on: December 04, 2014, 04:54:51 AM
Today Kryptohash a new false cpu only coin was released (GPU coin without miners is more exact... keccak+ long hash to be hashed through sha256), but I discovered it discussing other things on irc... so now, yes it is probably better to be in the know to find those coins...
Not really. There are more Shitcoins than days on a calendar. Just ignore them, trade on top marketcaps. Easy!
2823  Local / Deutsch (German) / Re: Verdopplung des Netzwerks in Kürze +19.8 TH/s KAWOOOOOOOM on: December 04, 2014, 04:03:14 AM
scheint ja eher Ende Fahnenstange
https://www.cryptocoinsnews.com/bitcoin-mining-difficulty-decreases-first-time-almost-two-years/
und der Kurs entwickelt sich ja auch nicht gemäß der Difficulty. Ja sowas!
2824  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency (mandatory upgrade) on: December 04, 2014, 02:18:19 AM
hi guys;

I'm the co owner of poolto.be; it seems like nobody's mining on our pool except us; and we're having a huge server bill to pay; + our fees are ridiculous (last time our sys admin checked we had like 10 xmr in fees total)

A bit of hashrate would help us a lot; because we won't be able to keep paying that big hetzner box for nothing forever.

So please help before our pool dies!

thanks a bunch!
consider updating this:
Quote
2014-0901 - Soft fork changed XMR transfer fee to 0.1, thus we increased also minimum payout from 0.1 to 0.5 XMR!
some minimum helps to lower mining dust (miners will not like owning dust, anyways) but TX fees are on volume, meanwhiles.
2825  Alternate cryptocurrencies / Altcoin Discussion / Re: Unveiling the truth over the major Monero scam on: December 04, 2014, 02:01:54 AM
I see that the large font, red letter crew is back.  ::)
YOU DON'T
SEEN SHIT
;-)
2826  Local / Altcoins (Deutsch) / Re: Hot Coins on: December 04, 2014, 12:58:20 AM
Bevor eure kindischen Streitereien losgingen, war das ein recht interessanter und informativer Faden. Schade.
+1 aber jetzt gib mir mein Sandschäufelchen zurück, sonst knallts  Angry

GML ist auch ziemlich runter...da könnte etwas gehen. Ist aber sehr spekulativ! Denn der Dev scheint zu schlafen  Cool
Oh bitte Finger weglassen! Das schaut böse aus.

Diese ganze supernet scam scheisse wird hoffentlich mal bald vorbei sein...
Selbst der BitcoinExpress account wurde von denen gekauft... habens echt drauf guten Projekten zu schaden um ihre pumps durchzuziehen.
Ist das jetzt ein Gerücht? Begegnet mir schon 3x (++) und wäre echt böse. Erklärt aber auch, warum der account nichts mehr powert.

Hat jemand noch einen hot Tipp für die nächsten Tage, der hier noch nicht besprochen wurde?
Das ist spekulativ, schau dir http://coinmarketcap.com/currencies/views/filter-non-mineable-and-premined/ an und dann klick abwechselnd auf "Market Cap" oder auf "Volume (24h)" und achte auf YbCoin und CannabisCoin. Yb hat ein viel kleineres "Total Supply" entsprechend musst du im Wert ein paar Nachkommastellen verschieben. CANN wird wohl noch eine Weile "Nehmerqualitäten" im Ring zeigen müssen, aber deren Gegner stellen sich mit der 420 Joint Force schon etwas mehr in Richtung Charmingitiative auf. Haben wohl begriffen das sie das ganze Altsegment der Weedcoins runtergezogen haben mit ihrem Neid auf die einzige existierende "pegged" coin.
Ich saug mich da wieder ganz langsam mit voll, teils aber auch "averaging down" weil ich da nur 50% auf All-Time-Heigh verkauft habe.
2827  Other / Archival / Re: delete on: November 27, 2014, 04:02:57 PM
Not many coins have dedicated trolling threads Cheesy

Look at the size of it!

Should adapt it as the general chit-chat talking thread. How did you liked the unified color scheme of the new wallet design?
2828  Alternate cryptocurrencies / Altcoin Discussion / Re: Opinion: Why Ripple/XRP Doubled In Value in Less Than A Week on: November 27, 2014, 03:51:41 PM
Here's the problem with a coin that requires mining. It sucks waaay too much capital into shit like miners and electricity. Right now $40 million a month in BTC is mined. If BTC doubles in price, miners will dump their BTC on the market thus putting overhead pressure of tens of millions of dollars so they can spend it on fricking miners!

Sad fact, I know you hit on the truth there. Assume miners make some 10~15% ROI, meaning they just have to dump ~90% of their monthly mining outcome. Bitcoin is constantly bleeding out value, arriving at the pockets of the power supply companys. It is both a true waste of resource and sure death for BTC at the same time.

Don't want to bore with numbers, but 92% of all daily trade volume has been BTC+LTC when I was last looking at them. These both "are crypto" and POW mined. POS coins just don't count by size.

Just that alone does not make Ripple valid.
2829  Alternate cryptocurrencies / Altcoin Discussion / Re: XRP going up -- why? on: November 27, 2014, 03:36:03 PM
10 markets are needed to support 5 coins. It all sounds simple enough. However, as the number of coins increases, the problem expands.

CoinsMarkets
510
1045
25300
501225
1004950
21122155

In the final row, marked in red, I have taken the number of active BTC markets on Cryptsy. 211 is the number of actual currencies. 22155 markets would be needed to allow any currency to be traded against any other.

That is why Cryptsy uses BTC. I heard many other exchange sites out there do, too. A premined coin probably could not replace that.

What was your point exactly, that we immediately need XRP for that, now?
2830  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: November 27, 2014, 07:22:51 AM
XMR is on bter, BTW.
Now that is good news! On PBoC well they know how to surf the market waves that should be prohibited by law ... sadly, those guys are their own law.

Bitcoin seems to have been banned in China, then unbanned about 5 times this year already. Every time it gets banned the price crashes, then they say it's sort of not banned after all, and the price recovers.
2831  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: November 27, 2014, 06:23:34 AM
I'd say speculation from China (and its end, as China largely moved on to whatever fad it is they are speculating on now) was also a huge factor.
Trade on BTER last day mostly consists out of NuBits, Bitcoin and Dogecoin. My daily read http://coinmarketcap.com/exchanges/volume/24-hour/ shows some surprising movements away from Altcoins back into ...errr... let us call them "classical cryptos".
Maybe it is time for Monero to get listed on more exchangers. I am NOT making a suggestion which one that could be. You decide.

What happens with the Shitcoin Exchange "Shitrex" Bittrex ?! As it seems even Kraken has taken pole position in front of their meager trade volume. So saaad for MalibuCoin, DayTraderCoin & FuelCoin  Cool


edit: sighs we need something like Google Wave to discuss. This forum is ... ancient technology.

e-coinomist: Because the total revenue/transaction volume on the Dark Net overall (all DN businesses, not only drug trade) is huge. Many people estimate its gonna be $1.000.000.000 this year with an rising trend upward.
There are numbers, 9,519,664 Bitcoins in 1,229,465 transactions completed (source Wikipedia) which by that time wasn't a thousand dollars a coin. Biggest fallacy is to multiply that number by all time height.

Just seeing that is like $ 1,161,399,008 so your number has been ... a bit to conservative  Roll Eyes I stand corrected
2832  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: November 27, 2014, 05:55:52 AM
Why are you all so fascinated by the black markets history, if that had clearly no impact on Bitcoin's trade value?
Admittingly it had a short rebound lasting almost 48 hours back then. Take special interest on the closing price of 122 $

And you know that during whole of Road 2.0 existance the development wasn't exactly upturning. If you place a ruler on that curve, was a steady decline (still ongoing).
My observation is that MtGox trade bots had a far bigger impact.



of all the stupid technical things you could do - seems like being stationed in the us is just inherantly horrible judgement

Customers are there. Safe bet 30+27% in total

Quote
According to information users provided upon registering, 30 percent were from the United States, 27 percent chose to be "undeclared," and beyond that, in descending order of prevalence: the United Kingdom, Australia, Germany, Canada, Sweden, France, Russia, Italy, and the Netherlands.
2833  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Darkcoin is better and why we should all use it on: November 26, 2014, 06:26:27 PM
Who care if those instamined coins was sold or not ? Instamine is still instamine.
What's worse is Evan's stubborness to insist on maintaining the Masternode concept even though it is severely flawed in nature and many better options have been presented to him by other developers. To me the whole Masternode concept is a ploy to further enrich large Dark holders by getting paid more Dark to cycle coins.

Master-nodes is not exactly peer to peer. Darkcoin seems to be highly hierarchical with the top of the pyramid beeing the inner instamined circles, surround by a middle management layer consisting out of the masternodes.

Quite the opposite of what was the original intent for creating "internet money", huh?
2834  Local / Deutsch (German) / Re: BITCOIN / LITECOIN ATM - Opening Bochum, Germany 14.09.2014 on: November 26, 2014, 05:54:09 AM
Ist ja auch schon komplizierter als nötig mit dem Schuhkarton. Es ginge ohne
zusätzlivhe Technik, so wie man jetzt Paysafecards oder Ukash oder wie der Schrott
heisst an jeder Shell-Tankstelle kaufen kann: Per Modem verbindet sich die
Hightech-Kasse mit Paysafe und druckt den Code aus, bezahlt wird ganz normal
beim Kassierer. Das gleiche ginge prima mit QR-Code/Paperwallet.

Wie haben die Tschechen das Problem gelöst? Auch Paperwallets!
Die haben in dem Laden aber auch alles komplett, vom Walletausdrucker über das Bitcoin ATM bis hin zum Promo T-Shirt oder Apfelkuchen.

http://www.washingtonpost.com/blogs/innovations/wp/2014/11/05/i-bought-coffee-at-the-prague-cafe-that-only-accepts-bitcoin-heres-what-it-was-like/

2835  Alternate cryptocurrencies / Altcoin Discussion / Re: Nothing at stake - debunked? on: November 26, 2014, 02:23:20 AM
Huh 

Why has this thread been moved into the altcoin section? Probably doesn't qualify as being in the dev section but certainly in the general discussion section as it has nothing to do with a specific alt but a general discussion about new algorithms.

As far as I can see, changes to the algorithm aren't prohibited but disputed:
https://en.bitcoin.it/wiki/Prohibited_changes

anything threatening precious ASICs...
2836  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Monday Monero Missive #19 on: November 26, 2014, 01:06:56 AM
Did I missed the feedback on "this works on default android tablet version x.y" or "ipad release z" or "cellphone type q"?
In a way a webwallet is the catch-all. You only need those two: easy one, and full set.

2837  Alternate cryptocurrencies / Altcoin Discussion / Re: Opinion: Why Ripple/XRP Doubled In Value in Less Than A Week on: November 25, 2014, 10:43:33 PM
Ripple can be confusing, since they use phrases in a different way than we are used to. Taken for example a cold wallet
Quote
Creating a New Account

Creating a new account with the downloadable Ripple client is simple. This process will be used if you are just getting started with Ripple, or would like to set up a cold wallet. The cold wallet setup will be put in place by default, as all of the account information will be stored on your computer, and the account will only be online when you are actively logged in.
http://ripple.com/knowledge_center/downloadable-client-account-setup-and-login/
According to Ripple's terminology, a cold wallet is stored on your desktop and connected online with the internet.
2838  Alternate cryptocurrencies / Altcoin Discussion / Re: Opinion: Why Ripple/XRP Doubled In Value in Less Than A Week on: November 25, 2014, 06:58:28 PM
Quote
Lastly, what gives ripple value? And please dont say "investors" because that is a failed economics policy. What backs ripple? And also again, who did those 2 air drops of coins go too?

I would say its utility is its strongest source of value.

Not sure what you are asking about with the airdrops.

Probably referenced the ripple airdrops, https://www.ripplelabs.com/xrp-distribution/

Quote
XRP Distribution Strategy

We believe that broad adoption of Ripple as a protocol will result in organic demand for XRP over the long run. Ripple Labs plans to distribute XRP to encourage growth in six categories. The categories are:

    Users - Everyone needs a small amount of XRP to fund an account on Ripple and start using the network. We are committed to broad user giveaways and other programs that bring new users to Ripple. Distributing XRP is a powerful user acquisition strategy. This model is similar to how Paypal grew.
2839  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency (mandatory upgrade) on: November 25, 2014, 11:14:18 AM
Dev not online for long time.?where xmr will go?
What??? We are online all the time
Smooth, doesn't matter. "Dev-away?"-fudding can arrive as a quoted reply on Dev's truly own last posting.
2840  Alternate cryptocurrencies / Altcoin Discussion / Re: 8 out of the 15 top marketcaps are not mineable! on: November 25, 2014, 10:03:31 AM
yes but the number 1 mineable (and with specialist equipment) dwarfs all the others combined.....

also for anything that has a zillions coins and comparative little trading vol, market cap really aint relevant (well its not really relevant for anything with little trading vol).
Right! Same stance here. 533 listed coins make that figure not easily visible, but the size relations are like that. 532 dwarfes standing around 1 giant.
The mood point is that giant stumbling and guess who else gets burried below
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