I agree with you. I don't think anyone wants ANC to be closed source after main net launch. We are talking only about the current period before and during test-net. During that period trust is not an issue because main-net remains unaffected. We just don't want anyone to launch before us. Launching after us based on our code is both okay and unpreventable.
I think all of us agree that ANC should be completely open source once Zerocoin reaches main net.
This. The ZC release is about being first. If ANC releases source code and runs it on test net for a while someone with no ethics will copy/paste and skip the whole test phase simply to be first. It's possible that it will fail, not being tested, or it can succeed. But there is no reason to give a typical ponzi scheme pump n dump coin this advantage. Once it's put on main net it should be open source and by then anoncoin will be recognized for being first mover and clones will fade into obscurity as ANC rises. Also, gnosis, post your BTC, ANC addresses please |
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If governments outlaw Monero and other anons forcing them to go underground that would affect the user base drastically. If Monero's aiming for mass-adoption it would have to cut a deal with the regulators sooner or later.
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As I promised two weeks ago, here is an estimate for completion of Zerocoin-in-Anoncoin that I feel has a very high chance of being met (a "hard deadline").
By October 15, I'll have Zerocoin integration in "alpha" state, and on a testnet for anybody to try.
By November 1, I'll have Zerocoin in mainnet, which means you can use the ANC you have now to mint and spend zerocoins. It will still be in "beta", meaning you should pay attention to our website, IRC, and our bitcointalk.org thread for security updates to the wallet and anoncoind; this is especially important if you are a miner or running a relay node.
I realized that I have made deadlines in the past that were not met. I put a lot of thought into the above deadlines and I know that they can be met. Just as a reminder, I'm working full-time on Zerocoin until at least October 1, and possibly after depending on funding. Thanks for the update! How much funding is needed for you to work full time through the month of October also? Perhaps people here would be interested in pooling some funds together. |
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BTC whales embracing Monero is a double edge sword, mark my words...
and why do you think so? They will always return to their first love, especially in a rally - what do you think is happening now? BTC are never enough - it is better to have an alt based on BTC haters. Well that will distrubute the XMRs to other holders and prevent the price from skyrocketing too fast / too high. That is a good thing. |
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BTC whales embracing Monero is a double edge sword, mark my words...
and why do you think so? |
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the supply is rising if the price is falling and vice versa? - it does not make sense
the supply should be rising when the price is rising and vice versa.
maybe this stuff is traders business but from an economics point of view this does not make sense at all
When the price is going up people tend to pull their ask in anticipation of a better price to sell at. When the price is dropping people tend to pull their bids in anticipation of a lower price to buy at. At the same time in a falling market a lot of people wants to sell and places sell walls hoping to get out at a better price, and vice-versa. |
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Let me know if you think it's a good idea that MEW set up a Monero Forum?
In my opinion yes. I'm not too fond of the software being used on monerotalk.org (also it's down right now). |
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I wish I could put into words all that I know about mr. Risto Pietila. But it's too much. I think you must have been around for a few years and have seen his entrance in the community and the ensuing drama to really get it. A lot of this history is deleted from the forum and may be lost forever (anything from 300k USD predictions and having unlimited money to mental hospital is part of this chronicle). I will instead make it short and say this: I believe Risto is an honest man, a man of high integrity. If you make a deal with Risto, he will follow though and expect you to do the same. From what I understand he is a voluntarist, the most righteous philosophy. Has Risto ever broken the non-aggression principle? Not that I know. This is all that matters. There is nothing nazi about Risto. Also, Risto has been, and continues to be, one of the most entertaining forum users. His "showing off" and the madness/drama that ensues is quite simply hilarious. I love it, and hope risto won't change. Risto is master in the art of trolling and I'm sure he gets some good laughs out of you people. I certainly do. But Risto also cracks me up. I don't see what the hate is all about. Risto posted a freaking picture of himself in front of a car and a hotel where he owned neither, he is living the supernode lifestyle and has UNLIMITED money, how can you NOT love this guy? https://i.imgur.com/JiYOga7.jpg  |
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Not much of a price move, back to the sideways trading, maybe?
I really cannot understand that a coin would have so much volume, so many "senior members" suddenly speaking for it, yet the price stays the same for days on end.
Look at Doge (urgh) in comparison, you see movement, not stagnation.
Remember Feathercon?
You have been exposed to an altcoin market where the vast majority of projects exists for the sole purpose of transfering wealth from unsuspecting victims into the hands of a small group of essentially fraud artists, or at the very least people with a copycat mentality and dreams of riches. The problem is, you can't just tweak a few parameters and succeed in this market anymore. In the beginning this may have been possible (e.g LTC), but now new coins need much more. You will find whitepapers that appears to solve problems on hot topics such as anonymity. While some of them may have some merit, most do not, and some are outright frauds directed at unsuspecting victims. Combinded with pr campaigns, sock puppets and hype cycles the market is now overflooded with what I like to classify as the modern form of ponzi schemes. What is the typical cycle of these coins? There is a period of large price increases, massive hype with delusion of the coin's future, then there is a long painful downward spiral into oblivion. Example: auroracoin. In order to compete with bitcoin, or work as a complimentary currency, there must be some significant new features. In a sea of shitcoins it just so happens that monero does have these required features. Real, working anonymity. I have always been of the belief that bitcoin needs anonymity, or that an altcoin should offer this. I think this is the one and only feature currently very attractive to senior bitcoiners. Most whom have not considered altcoins previously due to them simply offering nothing of relevance. Monero is a different animal, completely built from scratch and with the so sought after anonymity fully working. And a very fair launch. I believe this is why monero has caught their attention. So to finally answer your question. The volume is so high because we have large speculators trading against each other. Senior bitcoiners are able to accumulate large positions of XMR even if they only invest 1-10% of their BTC stack. Thus they can support the price by buying when it goes too low, but more importantly sell some of their large XMR stash once it goes too high. That's right, they will prevent the price from going "too high". Very often in other coins you do not have senior bitcoiners with large position who can suppress the price once it goes bananas and there is really no suffient way to participate in shorting. We are left to shake our heads at these pump n dumps, but there is little we can do since we won't buy crap like that in the first place. So most coins are thus held by either delusionary newbies, get rich schemers / "pumpers" or developers with massive pre-mines. There is simply not enough liquidity in these markets to prevent the price from going mad. With many large holders trading against each other the margins will decrease. Instead of buying at 0.001 and selling at 0.004 ten minutes later they will be buying at 0.0039 and selling at 0.004 simply due to all the competition. When many are participating and the liqudity is high it becomes more difficult to make big moves. This creates a stable price and is a sign of maturity rather than stagnation. Every day the price stays at 0.004 is a victory, with inflation of 20k that equals to 80 btc worth of funds being absorbed by the market. Every day. To sum this up: Monero is doing excellent and while the price may not change much at all, the market cap is steadily increasing and closing in on ATH. This is anything but stagnation. I would dare to say that monero is one of the most healthy altcoin markets. |
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I already posted this in the monero topic, but I think it's worth posting here as well. I have parsed the ANN topic for monero, boolberry, bytecoin, ducknote and darkcoin. Figured it would be interesting to see these results.
I put them into tables and graphs so its a little easier to compare.   Much better! Thanks a lot. |
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I coded a simple script which parsed this topic, boolberry, bytecoin, ducknote and darkcoin. Figured it would be interesting to see these results.
In this topic alone, a total of 1420 unique users has participated.
Below are users spread across the different user ranks:
[...]
Notice the number of hero and legendary members? Darkcoin has 57 (2.23%) hero and 9 (0.35%) legendary versus Monero with 56 (3.94%) hero and 12 (0.85%) legendary. Percent wise monero has attracted more than twice legendary members and almost twice hero members.
In other words, it seems oldtimers gravitate towards monero/cryptonote and ignore darkcoin.
You should make such a statistic for a few more coins. Could you share your script with the comunity? Yes, please do, I have shared it here: https://bitcointalk.org/index.php?topic=624223.msg8746230#msg8746230I'm not sure if there are any DDOS limits on this forum, but I parsed darkcoin topic just fine, with more than 3k pages (however I split it into 12 refreshes). Either way probably better if others do this also. |
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I have parsed the ANN topics ...
Programmatically? Source code available? (Nice work, BTW). Cheers Graham Yes, in PHP. I did not make this code to be public so it's crap and pretty messy, but if you want it here it is anyway: https://mega.co.nz/#!RgtBGYgL!Qg7n540VNadNhTa1eaIJj3xdDVCY79mqDROdfnjAI6c |
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"I haven't been blessed. It was through my foresight that I saw bitcoin for how valuable it was. No man helped me along, and many discouraged me. " - Garret Burgwardt
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I already posted this in the monero topic, but I think it's worth posting here as well. I have parsed the ANN topic for monero, boolberry, bytecoin, ducknote and darkcoin. Figured it would be interesting to see these results. In this monero topic alone, a total of 1420 unique users has participated. Below are users spread across the different user ranks: Boolberry (198 pages) | Rank | Users | | Staff | 0 | 0.00% | | Donator | 0 | 0.00% | | Legendary | 5 | 1.09% | | Hero_Member | 19 | 4.14% | | Sr.Member | 83 | 18.08% | | Full_Member | 150 | 32.68% | | Member | 82 | 17.86% | | Jr.Member | 52 | 11.33% | | Newbie | 68 | 14.81% | | Total users: | 459 |
Bytecoin (195 pages) | Rank | Users | | Staff | 1 | 0.22% | | Donator | 0 | 0.00% | | Legendary | 4 | 0.87% | | Hero_Member | 19 | 4.17% | | Sr.Member | 54 | 11.84% | | Full_Member | 113 | 24.78% | | Member | 101 | 22.15% | | Jr.Member | 74 | 16.23% | | Newbie | 90 | 19.74% | | Total users: | 456 |
duckNote (78 pages) | Rank | Users | | Staff | 0 | 0.00% | | Donator | 0 | 0.00% | | Legendary | 2 | 0.72% | | Hero_Member | 5 | 1.81% | | Sr.Member | 40 | 14.49% | | Full_Member | 78 | 28.26% | | Member | 62 | 22.46% | | Jr.Member | 42 | 15.22% | | Newbie | 47 | 17.03% | | Total users: | 276 |
Monero (700 pages) | Rank | Users | | Staff | 1 | 0.07% | | Donator | 1 | 0.07% | | Legendary | 12 | 0.85% | | Hero_Member | 56 | 3.94% | | Sr.Member | 210 | 14.79% | | Full_Member | 362 | 25.49% | | Member | 288 | 20.28% | | Jr.Member | 203 | 14.3% | | Newbie | 287 | 20.21% | | Total users: | 1420 |
now the really interesting comparison.... Darkcoin (3029 pages) | Rank | Users | | VIP | 0 | 0.08% | | Staff | 0 | 0.00% | | Donator | 2 | 0.08% | | Legendary | 9 | 0.35% | | Hero_Member | 57 | 2.23% | | Sr.Member | 291 | 11.40% | | Full_Member | 772 | 30.24% | | Member | 545 | 21.35% | | Jr.Member | 342 | 13.40% | | Newbie | 533 | 20.88% | | Total users: | 2553 |
Notice the number of hero and legendary members? Darkcoin has 57 (2.23%) hero and 9 (0.35%) legendary versus Monero with 56 (3.94%) hero and 12 (0.85%) legendary. Percent wise monero has attracted more than twice legendary members and almost twice hero members. In other words, it seems oldtimers gravitate towards monero/cryptonote and ignore darkcoin. |
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I coded a simple script which parsed this topic, boolberry, bytecoin, ducknote and darkcoin. Figured it would be interesting to see these results. In this topic alone, a total of 1420 unique users has participated. Below are users spread across the different user ranks: Boolberry (198 pages) | Rank | Users | | Staff | 0 | 0.00% | | Donator | 0 | 0.00% | | Legendary | 5 | 1.09% | | Hero_Member | 19 | 4.14% | | Sr.Member | 83 | 18.08% | | Full_Member | 150 | 32.68% | | Member | 82 | 17.86% | | Jr.Member | 52 | 11.33% | | Newbie | 68 | 14.81% | | Total users: | 459 |
Bytecoin (195 pages) | Rank | Users | | Staff | 1 | 0.22% | | Donator | 0 | 0.00% | | Legendary | 4 | 0.87% | | Hero_Member | 19 | 4.17% | | Sr.Member | 54 | 11.84% | | Full_Member | 113 | 24.78% | | Member | 101 | 22.15% | | Jr.Member | 74 | 16.23% | | Newbie | 90 | 19.74% | | Total users: | 456 |
duckNote (78 pages) | Rank | Users | | Staff | 0 | 0.00% | | Donator | 0 | 0.00% | | Legendary | 2 | 0.72% | | Hero_Member | 5 | 1.81% | | Sr.Member | 40 | 14.49% | | Full_Member | 78 | 28.26% | | Member | 62 | 22.46% | | Jr.Member | 42 | 15.22% | | Newbie | 47 | 17.03% | | Total users: | 276 |
Monero (700 pages) | Rank | Users | | Staff | 1 | 0.07% | | Donator | 1 | 0.07% | | Legendary | 12 | 0.85% | | Hero_Member | 56 | 3.94% | | Sr.Member | 210 | 14.79% | | Full_Member | 362 | 25.49% | | Member | 288 | 20.28% | | Jr.Member | 203 | 14.3% | | Newbie | 287 | 20.21% | | Total users: | 1420 |
now the really interesting comparison.... Darkcoin (3029 pages) | Rank | Users | | VIP | 0 | 0.08% | | Staff | 0 | 0.00% | | Donator | 2 | 0.08% | | Legendary | 9 | 0.35% | | Hero_Member | 57 | 2.23% | | Sr.Member | 291 | 11.40% | | Full_Member | 772 | 30.24% | | Member | 545 | 21.35% | | Jr.Member | 342 | 13.40% | | Newbie | 533 | 20.88% | | Total users: | 2553 |
Notice the number of hero and legendary members? Darkcoin has 57 (2.23%) hero and 9 (0.35%) legendary versus Monero with 56 (3.94%) hero and 12 (0.85%) legendary. Percent wise monero has attracted more than twice legendary members and almost twice hero members. In other words, it seems oldtimers gravitate towards monero/cryptonote and ignore darkcoin. |
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Wow... there is almost no Buying orders on Cryptsy for Anoncoin.
... That's no good for the market health ...
 Price (BTC) ANC Total (BTC)
0.00074105 0.59774904 0.00044296
0.00074104 1.09714997 0.00081303
0.00074103 0.33736826 0.00025000
0.00074102 1.41906703 0.00105156
0.00074101 1.09115463 0.00080856
0.00074100 0.69326660 0.00051371
0.00074099 0.55074493 0.00040810
0.00074098 0.41907781 0.00031053
0.00074097 0.62247617 0.00046124
0.00074096 1.09716574 0.00081296
0.00074095 0.18962771 0.00014050
0.00074094 0.15968242 0.00011832
0.00074093 0.17370838 0.00012871
0.00074091 0.22711118 0.00016827
0.00074088 0.27161640 0.00020124
0.00074085 0.20083463 0.00014879
0.00074081 1.25631485 0.00093069
0.00074080 3.32321473 0.00246184
0.00074079 1.21711797 0.00090163
0.00074077 1.00211087 0.00074233
0.00074076 1.44637950 0.00107142
0.00074074 1.14103505 0.00084521
0.00074073 1.43235488 0.00106099
0.00074069 1.43796300 0.00106508
0.00074067 0.80856325 0.00059888
0.00074064 0.63252069 0.00046847
0.00074062 0.96107839 0.00071179
0.00074061 1.04743881 0.00077574
0.00074060 0.25890959 0.00019175
0.00074059 1.07470382 0.00079591
0.00074058 1.19796026 0.00088719
0.00074057 0.81198241 0.00060133
0.00074055 0.26833521 0.00019872
0.00074053 0.46582757 0.00034496
0.00074050 0.08493780 0.00006290
0.00074048 0.94634507 0.00070075
0.00074045 0.53164361 0.00039366
0.00074044 1.35272847 0.00100161
0.00074041 1.34076364 0.00099271
0.00074039 0.62800492 0.00046497
0.00074037 0.84911158 0.00062866
0.00074035 0.92584719 0.00068545
0.00074032 0.90992330 0.00067363
0.00074029 0.90205379 0.00066778
0.00074027 0.35288635 0.00026123
0.00074025 1.09498035 0.00081056
0.00074023 0.95162464 0.00070442
0.00074020 1.20378163 0.00089104
0.00074018 0.00919557 0.00000681
0.00074014 1.08468018 0.00080282
0.00074010 1.47077910 0.00108852
0.00074007 0.44575158 0.00032989
0.00074004 0.68390409 0.00050612
0.00074002 0.20972222 0.00015520
0.00074000 15.49909459 0.01146933
0.00073829 1.31797259 0.00097305
0.00073824 1.44487284 0.00106666
0.00073819 0.82882500 0.00061183
0.00073812 1.19040515 0.00087866
0.00073807 0.09948761 0.00007343
0.00073803 1.28259817 0.00094660
0.00073797 1.48457159 0.00109557
0.00073790 0.58118834 0.00042886
0.00073785 0.76734851 0.00056619
0.00073781 0.99414063 0.00073349
0.00073774 1.27773769 0.00094264
0.00073769 0.72646125 0.00053590
0.00073765 0.94286117 0.00069550
0.00073762 0.32351785 0.00023863
0.00073759 0.57946393 0.00042741
0.00073754 1.28230417 0.00094575
0.00073749 5.89800000 0.00434972
0.00073748 1.14362693 0.00084340
0.00073744 0.75739085 0.00055853
0.00073740 0.28914517 0.00021322
0.00073735 0.76882862 0.00056690
0.00073729 1.05647892 0.00077893
0.00073725 0.27428228 0.00020221
0.00073720 0.49198350 0.00036269
0.00073716 0.64667099 0.00047670
0.00073712 0.82310435 0.00060673
0.00073708 0.92061736 0.00067857
0.00073704 1.43487264 0.00105756
0.00073698 1.03804644 0.00076502
0.00073693 0.78189580 0.00057620
0.00073688 0.66083540 0.00048696
0.00073683 0.29785709 0.00021947
0.00073679 1.12531561 0.00082912
0.00073674 0.53530603 0.00039438
0.00073671 1.13179707 0.00083381
0.00073666 1.16232183 0.00085624
0.00073663 1.31827707 0.00097108
0.00073661 1.12431605 0.00082818
0.00073657 1.41688980 0.00104364
0.00073652 0.07320689 0.00005392
0.00073648 1.10521521 0.00081397
0.00073644 0.67040813 0.00049372
0.00073639 1.02667421 0.00075603
0.00073635 0.52807634 0.00038885
0.00073632 119.30220556 0.08784460
If you only consider visible buy orders, this is true. However someone has placed a lot of very small orders so there is no way to see most of the order book, but there are many orders placed below 0.0073632 which accounts for a large amount of ANC. I'm not sure if cryptsy allows viewing the full order book. But what you are seeing now is some kind of manipulation/bot placing very tiny orders to make the order book effectivly useless. |
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Likewise from my side: My big thank you goes to all the Monero devs!
For the sake of simplicity, please post your XMR/BTC/XYZ adresses here, so everyone can quickly send you some goodies.
Here: Donations for general developmentXMR: 46BeWrHpwXmHDpDEUmZBWZfoQpdc6HaERCNmx1pEYL2rAcuwufPN9rXHHtyUA4QVy66qeFQkn6sfK8aHYjA3jk3o1Bv16em viewkey: e422831985c9205238ef84daf6805526c14d96fd7b059fe68c7ab98e495e5703BTC: 1FhnVJi2V1k4MqXm2nHoEbY5LV7FPai7bb It's also in first post. |
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