I think XMR will be #2 on that filter non mineable and premined list in 2 years. That filter should also filter Dash. So actually XMR is #4 currently.
Yes... why on earth does that filter NOT include dash? |
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I hope you don't mind me cross-posting:
Is it true? |
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I never actually said my interpretation /  I think he meant the altcoin universe is full of various bastard creations devouring one another. It's sort of an apocylypse combined with survival of the fittest all wrapped up in arcane expressions, fantasy and mystery. I've always found Bosch strangely compelling. |
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That only works out on a bearish market. If the markets would be bullish, buying one chunk makes more sense. Just don't obtain that amount as the last one.
The whole point of the method, as far as I am concerned, is that it optimizes the average case under the assumption that you don't have an edge on bull/bear calls. There are still pathologically pessimal cases, of course, but not under typical assumptions about the nature of a financial time-series. What I love about aminorex is that he's usually right and I learn one or two new things every time I try to decipher what he's written: http://www.edwardtufte.com/bboard/q-and-a-fetch-msg?msg_id=0003uYCould you decipher this one? https://bitcointalk.org/index.php?topic=583449.msg11003261#msg11003261You know Bosch painted horrific landscapes filled with sin and judgement where people and creatures indulged in gambling, carnal acts and eventually were devoured by odd creatures or each other. Sounds just like this forum... this subforum in particular. |
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Aaaaaand it's gone.
It's deletey around here recently... As an OT aside: Although there is a famous "death knoll" near where I live here in Dallas TX, I think you may have meant "death knell" |
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I had a post deleted from this thread by a MOD and I do not understand why. Shortly after Monero was added to shapeshift.io I posted somewhat tongue in cheek and somewhat seriously that doing Dash->XMR conversion was IMO a solid play. I illustrated this with a screenshot of that functionality on shapeshift. The image I used is here: https://i.imgur.com/Yva8Pjv.pngThe reason I bring it up here is I am somewhat suspicious of the motivations behind this deletion. I was not off topic. I was celebrating the fact Monero was on shapeshift, and I was also stating the fact (I was right by the way) that moving Dash into XMR would be a +EV trade. I still think it currently is. I was not trolling or spamming. I find this action draconian. |
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Can't believe this political correctness/social justice garbage has filtered through to Bitcointalk.
Since we've fallen and we can't get up... You ever stop to think how much the words "correctness" and "justice" are changed by the adjectives "political" and "social"? In fact they are fundamentally changed as to have completely different meanings. |
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please do not burn chainradar for this mistake. yes it was abused by people to spread fud, but c'mon, who belives this shit anyway, we all know monero is secure  i have nothing to do with them, but i really reckon this was just a bad coincidence at the wrong time. Possibly so, and I know I was coming off a little half cocked... but a few of the comments pissed me off. And I was comfortable under the circumstances with calling it out... |
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In theory, could my anonymity be compromised by too many other people publishing their view keys?
Well let's assume everybody did. Then you would have a coin where all transactions are traceable (except yours, and yours would be the only ones left so...). That's obviously not the goal here, but if everybody wants that, there's nothing you can do. You can't hide a needle without a haystack. However, it is indeed not good to encourage too much reliance on view keys. That's why, for example, MRL-0004 has an alternate method for auditing of individual transactions that does not involve the broad brush of a view key. I know you guys aren't aiming to be alphabet proof but perhaps one day in the future it could be a goal and it is concerning because we might imagine that some mass surveillance agency might be able to put together a rather comprehensive database of view keys. Once the view key has been seen by someone other than yourself, consider the privacy of that address compromised and migrate funds to a secure (private) address. Better yet, never share a view key except for purpose specific, (single use?) addresses. Let them watch a vacant house all they want. Correct. View key is 1/2 of your private key. It makes sense to share this for specific reasons, but not in general. Is there a way to do watch-only wallets, without the view key sitting on the watch-only computer? I can't imagine a way that could work... |
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Honestly, don't get me wrong, but I am very surprised that you as a core dev do not educate your users on how Monero works, but actually reinforce silly FUD. Luckily, the math is neutral to everyone.
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lol why you no edumacate us fluffypony? No intend to offend anyone, but I think this whole issue could have been extinguished, not escalated. I've made use of chainradar a bit and am glad for its existence. FWIW, thank you for the prompt response, and for your (free?) service to this community and crypto in general. FWIW, I have also been thankful for it many many times. |
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Nobody ready to buy higher, nobody ready to sell lower. Deadlock  Good. I would not mind seeing it hang out here for a while and build a nice concrete base. |
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Honestly, don't get me wrong, but I am very surprised that you as a core dev do not educate your users on how Monero works, but actually reinforce silly FUD. Luckily, the math is neutral to everyone.
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lol why you no edumacate us fluffypony? No intend to offend anyone, but I think this whole issue could have been extinguished, not escalated. Not intend to offend you, but YOUR "bug" + Trolls = escalated. Fluffypony's time to prove the trolls wrong = extinguished. What I don't know for sure is if you are on the side of the extinguishers or the escalators. Seriously. Perhaps folks like Ricardo will be more patient... but I have signed no contract to be. Keep digging. |
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Honestly, don't get me wrong, but I am very surprised that you as a core dev do not educate your users on how Monero works, but actually reinforce silly FUD. Luckily, the math is neutral to everyone.
I have always learned to beware of what comes after a opening like: "Honestly, don't get me wrong". And I don't know what you are getting at here but the post you quote is him doing EXACTLY what you say he is not doing. As well as the recent interview, missives, website, and general forum presense. It is the constant onslaught of trolls which distract some of the core team from better things because suddenly a bunch of sheep being led by wolves are chanting "Monero is broken" because in PART of a bug on YOUR site. So, Honestly, Don't Get Me Wrong, but I don't really see you having a place to criticize people in the community for being steadfast in doing things you claim they are not. I really hope for your understanding.
For me it will take a little more. I do NOT understand yet what your real position is here. But I am watching. |
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Right at this moment I'd say this is a super solid play:
-snip gigantic image-
should go post it in their thread with the caption *cough* just sayin i wouldn't do it because i don't have the constitution for trolling but it would be funny. That was what I wanted to do first. But to be honest all the trolling has be kinda of worn out, and I have no hard feelings to the DASH camp. I think they are at more risk because of today's developments in monero than they realize. I also think the Monero community is only beginning to wake up to what xmr.to + shapeshift + database means in terms of our utility. |
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How do you prove payment with regular Bitcoin or Dash?
An auditor audits it. To be auditable, the auditor needs to see 2 accounts - not one. A debit in one and a credit in the other. If I'm checking a payment I made, I go to the blockchain and see it leaving my account. I also see it arriving in the other account. If I only see it leaving my account then I haven't audited anything and if the other guy only sees it arriving in his account then he hasn't audited anything either. In the fiat world, the auditor (as far as the transactional integrity goes) is the banking system itself, not some guy that walks into your office in a pin stripe suit and gets to look at your account. In crypto, that counterparty has been eliminated, so Satoshi did 2 things: [1] - broke the link between accounts and people so a blockchain address never corresponds to a person, it just corresponds to an anonymous private key instead [2] - made the blockchain visible so that the entire world could serve as auditor and arbitror of its integrity Take that away and you've got nothing. What you've done is take a fiat business model (where every single peice of property of any significance is synonymous with a legal entity) and imposed it on a cryptocurrency (where it isn't). You've therefore given yourself a whole load of unnecessary problems to solve (which is why you need all that over burdening cryptography) while at the same time killing the very thing thats about 100 times more important than privacy - confidence. With darksend you can't even do that. You have a coinjoin transaction (or a sequence of them if multiple rounds) and one/some of the inputs is/are yours but you can't prove those coins didn't go somewhere else.
Darksend simply improves the fungibility of the coins in your wallet. It's not trying to do what your doing (which is probably why your constantly criticising it). Moreover, it does so pre-emptively, exactly as real world cash does. At the point of transaction, everything is out in the open. It works exactly like bitcoin does. Privacy is already taken care of by the Satoshi model IF the blockchain is fungible enough (not invisible - different thing) which is why that challenge was addressed directly rather than indirectly. As far as I can tell your problems mentioned are the problems of cash. You need some trust to use it. If you want a fully open ledger use bitcoin. If you want true privacy you have to pay the piper in risk. There is no in between. The thing trying to be in between will fail and be unobscured in the end. |
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You can't do that with BTC -> ShapeShift XMR -> XMR.to unless one of those services were taking a 3.78 BTC fee (not recommended to use such as service). You would need to use your own wallet in between.
Also, I'm not sure what sort of mix factors and such being used by shapeshift, so the normal caveats about Monero being optionally anonymous (and not fully mature) apply. Again putting your own wallet in the middle and being careful with timing could give a better result.
If only there was an untraceable, unlinkable private currency which you could keep that wallet in. Edited above It's a little scary this precipice we're now sitting on. Eventually baby birds have little choice but to risk great pain... I am sure they never feel quite ready. |
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You can't do that with BTC -> ShapeShift XMR -> XMR.to unless one of those services were taking a 3.78 BTC fee (not recommended to use such as service). You would need to use your own wallet in between.
Also, I'm not sure what sort of mix factors and such being used by shapeshift, so the normal caveats about Monero being optionally anonymous (and not fully mature) apply. Again putting your own wallet in the middle and being careful with timing could give a better result.
If only there was an untraceable, unlinkable private currency which you could keep that wallet in. |
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332 BTC volume today on poloniex but almost no price movement. It's hard to make a case that it will go lower at this point, there is just no meaningful liquidity (25-50+btc) on the ask side without pushing the price up 15%.
Shapeshift.io just added XMR support and it looks like the database is one step closer. Development wise it looks like there are good things on the horizon.
Shapeshift announcement: https://twitter.com/ShapeShift_io/status/585570515139563521Pull request to merge database into master: https://github.com/monero-project/bitmonero/pull/256Interesting. So BTC -> ShapeShift XMR -> XMR.to = completely anonymous payments using BTC? Timing-wise there are potential issues with that 1.123 BTC -> XMR -> 1.122 BTC over a short period of time might be fairly obvious. Of course it depends not the amounts and the level of activity on BTC at the time. If BTC has 1000 tx/sec that would be a lot more obscure than currently Which is why, if you want to use this mechanic rather than just hold lots of XMR you'd want to hold a small buffer amount in XMR. Then: 1.123 BTC -> XMR -> 1.355 BTC .95 BTC -> XMR -> 1.11 BTC 2.11 BTC -> XMR -> 1.898 BTC and so on... |
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ShapeShift.io has added Monero (XMR) to Instant Altcoin Exchange XMR users can now exchange instantly with Bitcoin and 25+ other altcoins with ShapeShift. No account needed.  Whee... worked like a charm, and stupidly fast too.  |
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