Don't you need the XMR devs to figure out multi-sig before integrating XMR into OpenBazaar?
we have been discussed this point with devs and they agreed, that multi-sig is not necessarily at the moment. I do not want to waste time and can start without it, with possibility that people will appear as escrow- /arbiter service. multi-sig will be implemented later. To clear one point. This is like "crowdfunding" open source project, it is free for everyone, we won't earn something directly from bazaar. But with Bazaar we will win the real markets and bring Monero into the real life. this will increase Monero's value many times more. so, your profit will be the increasing times more of your monero's fortune. I'd definitely chip in for this. Is there a place we can post info and updates where everyone can log-in? |
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pump pump No, thank you. Organic rise only. Read this post by jehst. I don't know much what to think of it (cognitive dissonance, sound theory?) but at least it is worth reading. .05???  I would shit my pants with joy!!! Or to make room for all the XMR I'm gonna eat. |
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And even better: Just wait for it  I think thats the problem bigj. Ppl have been waiting for a long time now. Devs have done some fantastic work, but have been up against it for a huge array of reasons... and things just aren't happening quickly enough for some. Plus, there seems to be so many HUGE dumps each day on XMR lately, any upwards momentum is immediately squashed... and that scares people so smaller investors get spooked and move on to something else. We've said this before, and it bears repeating: Monero is not an "investment". In fact, we are actively working against the price "naturally" rising merely as a result of us fudging some numbers. You see, Bitcoin's price rose because of an artificial scarcity created by a fixed number of coins and a diminishing block reward. Now that's all well and good, but the sudden creation of quite a bit of wealth for some early adopters has had several interesting consequences. The most interesting of them is the Coattail Riding Effect. That is to say: the vast majority of altcoins that are released nowadays, and this is especially true for proof-of-stake coins, exist solely to try and ride Bitcoin's coattails, making the group of early adopters in that altcoin tremendously wealthy. With Monero we have opted not to repeat that process, and instead of simply running with a deflationary currency and hoping for some form of profit, we have instead aimed to aggressively move in the opposite direction and make it slightly inflationary. This means that Monero is NEVER going to become incredibly valuable overnight, and it's not going to make insta-millionaires out of anyone. It means that its value is going to come entirely from utility and usefulness, and that hoarding it for 6 months or a year or maybe even 2 years is not going to make you rich. If you want Monero to grow in value and you want to be part of advancing technology...well, be prepared for the long haul, be prepared to ignore the price, and make a concerted effort to build something for the Monero economy. The core team will endeavour to make things progressively easier for end users and for integrators / merchants / automation systems, but that should not prevent you from spending your spare time making Monero useful and usable through your own projects. It's the reason we have the External Projects section in the Missive now:) If we become a community of builders, of creators, of innovators in things beyond the core of Monero, we will truly have something remarkable and revolutionary on our hands. |
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I think you are discounting the valuable role of speculators in any market. A month or so ago, I've committed to eventually owning about 0.1% of all XMR. I do not intend to provide any "genuine, honest effort and work" to XMR besides buying it. Yet I believe that my efforts will pay off within two years, and I believe my actions will contribute to XMR by soaking up some supply. I don't think this makes me a criminal, either. As you say in your edit, this is the share model. But I disagree that owning crypto shouldn't be the same process. I hold currencies that I believe will do well. That's the only reason I hold them. Otherwise, I hold just enough of my local currency to make the purchases I need to make. Crypto will be the same, now and forever.
I'm not discounting them at all - I'm merely saying that a rise in XMR's value should come directly from utility, and not directly from speculators + fudging numbers to create artificial demand. That's not to say that speculators are at all bad, it's just that they should be along for the ride instead of being the ones solely responsible for the ride! Maybe I must put it differently: if genuine demand for Bitcoin by "ordinary" people (ie. not speculators) was the sole price driver, what would Bitcoin's price be? $1 - $3 maybe? (I have no idea, I'm thumb-sucking here) Either way, the gap between that and the current price means that speculators are propping the balance of the price up. What we are hoping to achieve with Monero (in particular with the infinite tail emission) is to reduce that gap so that the price of Monero in the far future more closely reflects the actual demand than any artificial demand. Who knows if we're on the right path or not, but I do sincerely believe it's a better path than just cloning Bitcoin;) |
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It seems like the curve is dragging down the XMR price and could do so for the next several years. What are the reasons not to change it?
Fluffy covered this a few days ago, but here's a brief paraphrase: Monero is designed for use not speculation, so until the uses appear the price should be low. The initial inflation is designed to keep the price low while the infrastructure is being built. This is a paraphrase from memory, so i hope I got the gist right. There are other more technical answers, but this was my favorite.  |
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Merry XMR Thanks. Merry XMR, to the moon and beyond !   |
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After seeing that presentation, I bought my first Monero. Welcome to Monero! Don't let your XMR sit on an exchange. Check out www.mymonero.com if you need a webwallet. LOL--I saw it back in August. |
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After seeing that presentation, I bought my first Monero. |
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"If you're trying to escape the ruble anonymously, you might like Monero," I said in a Jeff Foxworthy twang. |
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I like the idea of an internet of private things. What kind of milf my refrigerator orders is between me and my fridge.
Joking aside, it will be interesting to read the devs thoughts.
You can have the Milf I'll take the DILF. My refrigerator will hook you up, but he likes a more experienced woman to play with his thermostat settings. Mine like to be experimented on. In danger of turning off toppic now (somewhat), "the things" did quite well during the last centuries. Without beeing all to chatterly between each others. The fridge humming in one corner, the oven frizzling in the other. The smoothing iron felt comfy on it's ironing board, kinda a hot love relationship, not needing any words. Internet of things? Seriously?! My refrigerator's been giving my oven the silent treatment for years--it's soooo awkward. |
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I like the idea of an internet of private things. What kind of milf my refrigerator orders is between me and my fridge.
Joking aside, it will be interesting to read the devs thoughts.
You can have the Milf I'll take the DILF. My refrigerator will hook you up, but he likes a more experienced woman to play with his thermostat settings. |
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I like the idea of an internet of private things. What kind of milf my refrigerator orders is between me and my fridge.
Joking aside, it will be interesting to read the devs thoughts.
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I'm definitely getting my family members a card with a mymonero word salad on em! me too, its very easy to gift monero now with the website.  Happy X-mras! |
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"If you can't catch falling knives, you'll never make it as a juggler." --juggler.
juggling with assets is not wise Personally, I DCA, but the meme was for meme's sake(  )--now back to XMR talk on the XMR thread and speculation on the speculation thread. |
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The 0.001 lever is broke. New low levels has to be discovered.
I invested 0.12 BTC @ 0.0012 but for now is was not a good choice.
Hopefully is was just a spike below 0.001 but the presure is to high I afraid.
Maybe I buy extra @ 0.0005?
 For now strategy is holding and see where XMR hits the floor. Never try to catch falling knives. "If you can't catch falling knives, you'll never make it as a juggler." --juggler. |
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The 0.001 lever is broke. New low levels has to be discovered.
I invested 0.12 BTC @ 0.0012 but for now is was not a good choice.
Hopefully is was just a spike below 0.001 but the presure is to high I afraid.
Maybe I buy extra @ 0.0005?
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Hey people, I just made a new XMR website I had no much time, but I hope you'll like it. Nothing special, but as I said before, I wanna help Monero to success. Oh, here it is: www.xmr.websiteFeel free to say if it is bad or good. I am no so much pro with design, but I hope this can "pass" on Cheers! Great looking site--very easy to navigate and easy on the eyes  |
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Its only going to get worse... IMO, its dead...
Talking about your brain? Aren't you the dev ? No, im talking about your little sister you retard. Stop trolling!
recursion! |
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Its only going to get worse... IMO, its dead...
This is a bad time of the year to be price watching since many people are selling whatever they have to pay for their Christmas holidays. People in America are converting crypto to fiat to buy presents and such. Things will pick up after the holidays. Those that ride out the storm will likely be rewarded. Monero is my GIFT. Card with the word seed to a loaded my.monero wallet. Why give socks when you can give privacy? |
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I have a couple of nice, short (xmr.) domains.
Would like the idea to use them. I don't need to earn, just to make something that can be good for this coin.
So, domain + hosting = I have. Idea = I don't and would like suggestion(s).
I am good in php and SQL. OK with javascript too.
I know it's not much of knowledge, but that I can offer.
Tipbot? |
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