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5101  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 18, 2015, 07:01:42 PM
To your second point, there has been considerable discussion about whether anything built on the bitcoin blockchain and ever be truly private. I can't think of a link right now.

Do you mean this link: https://bitcointalk.org/index.php?topic=789978.msg9128190#msg9128190

ZING.

CAPSLOCK, he asked about darkNOTE, not darkCOIN

Oops.  Haha.

Well then that's easy.

Monero has first mover advantage in cryptonote.
5102  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 18, 2015, 05:31:55 PM
deleted
5103  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 18, 2015, 12:13:26 PM

Given the robust history of XMR, and the relatively mature level of understanding of the practical as well as theoretical risk geometry of the technology, I think that the probability of a new crypto overtaking XMR is much less now.

 

I agree we have a lock on the #2 spot in this space, but something will still have to happen to #1.  And it is only relevant that the #1 privacy coin is deeply flawed insofar as it causes it's decline from the top spot.  I don't see enough evidence that is coming yet. Thoughts there?
5104  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: March 17, 2015, 07:41:44 PM
I just like the word "criminous".
5105  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: March 17, 2015, 06:45:15 PM


Bah. This is silly.  Don't deceive yourself.

You are definitely being trolled here, but I see no real connection to XMR.  Seriously.  The only person I recognize from any XMR threads is IceBreaker, and no offense to him, but I think I remember him being accused of trolling in the main XMR thread.

Many folks like me, who are certainly Monero supporters are also interested in this project for various reasons.  The ones I know who lurk or post here are not trolling you.

Don't let silly conspiracy nonsense cloud your mind.  Trolls are trolls most of the time.  That simple.

Thanks for this. That is exactly what I have been saying, that trolls are a problem for both the community they troll and the one they claim to represent. No reasonable person wants to be represented in such a way. So we should try to fight trolling itself, not each other.

One other quick point. 

Trolling is not ALL bad.  It is not a black and white thing.  Aside from galvanizing a community it can also be a playful result of healthy competition.  DRK and XMR are most certainly competitors for a theoretical market share.  In the end one will most likely surpass the other.  A little punch and jab now and then isn't bad for either.

This thread is suffering an amazingly low signal/noise due to trolling though.  Too much IMO.  And though I do not represent Monero in any way, and I am in no way saying Monero's community is to blame for it, I am sorry this is happening here.
5106  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: March 17, 2015, 05:07:52 PM
we are witnessing an unprecedented, co-ordinated TROLL/FUD fest.

XMR guys so desperate....wow.

Bah. This is silly.  Don't deceive yourself.

You are definitely being trolled here, but I see no real connection to XMR.  Seriously.  The only person I recognize from any XMR threads is IceBreaker, and no offense to him, but I think I remember him being accused of trolling in the main XMR thread.

Many folks like me, who are certainly Monero supporters are also interested in this project for various reasons.  The ones I know who lurk or post here are not trolling you.

Don't let silly conspiracy nonsense cloud your mind.  Trolls are trolls most of the time.  That simple.
5107  Alternate cryptocurrencies / Altcoin Discussion / Re: -> Monero Community Hall of Fame <- on: March 17, 2015, 02:47:39 PM
Just a reminder I am still managing donations.  Recent pull requests have been sent for donations and are constantly reflected on this page:

https://getmonero.org/getting-started/donate/hall-of-fame

Don't stop donating... I hear a DB build is not too far off...
5108  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: March 15, 2015, 05:33:26 PM
My feeling with regards to this area of thought (alts and 2.0) is the more complicated a platform the more points of failure it has.  The more hackable, or gameable it is.  Let simple systems cover the bases ie bitcoin, or monero, and let complexities be built atop and outside of that foundation ala CryptoKingdom, Coinbase, Silk Road, etc.  Then let the chips fall where they may.  Silk Road can be taken out while bitcoin survives. 

Start adding things like "masternodes" to a protocol and you are building vectors into the foundations.  It is not pure anymore.  Build something like etherium, nxt, ripple, maidsafe...  The complexity becomes vullnerability. 

Nomatter all the good design and intentions most of it is just snake oil in the end.

In some ways the farther Monero has gone down the "THERE IS NO GUI!!!!" path the safer I feel being invested in it.
5109  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 15, 2015, 05:23:02 PM
Decision point.  Double top?  Or extended rally?
5110  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 14, 2015, 09:12:23 PM
Short term pennant looks bullish to me.
5111  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: March 13, 2015, 10:14:32 PM
Put your dogs on leashes, it looks sloppy and pathetic the constant trolling of the DRK/DASH thread. Let each coin stand on their own merits and the market will ultimately decide.

I watch DRK threads...  I don't know 90% of the people trolling.
5112  Bitcoin / Bitcoin Discussion / Re: Cryptonote: More Bitcoin Than Bitcoin on: March 13, 2015, 04:24:19 PM

In theory, bitcoin could incorporate any feature from any codebase.  It could move to cryptonote even, if a consensus majority agreed.  Which they never would, for obvious reasons Wink 
  

Your most important two words are "in theory".

Bitcoin could possibly survive adding features from branches of it's own codebase, but even if a coin added ring signatures etc to the bitcoin codebase inheriting changes this fundamental and large would arguably destroy the trust in the protocol.

It's obvious you don't think cryptonotes features are worth having in crypto-finance, but there are many many of us who believe they are not only worthwhile, but essential.  It may not be Monero, or cryptonote, but some blockchain that offers solid simple fundamental privacy HAS to exist.

It will never be Bitcoin.

This. It has been said before, Blockchain cant adopt ring signature technology, it would need a major rewritting of the code, fork.. tons of stuff that are not good for the stability of the network.

Bitcoin doesn't need to be what it isn't, that's why both Bitcoin and Monero have legitimate value.

This is also a very important point.  It is arguably better for each blockchain for them both to exist.
5113  Bitcoin / Bitcoin Discussion / Re: Cryptonote: More Bitcoin Than Bitcoin on: March 13, 2015, 04:14:17 PM

In theory, bitcoin could incorporate any feature from any codebase.  It could move to cryptonote even, if a consensus majority agreed.  Which they never would, for obvious reasons Wink 
  

Your most important two words are "in theory".

Bitcoin could possibly survive adding features from branches of it's own codebase, but even if a coin added ring signatures etc to the bitcoin codebase inheriting changes this fundamental and large would arguably destroy the trust in the protocol.

It's obvious you don't think cryptonotes features are worth having in crypto-finance, but there are many many of us who believe they are not only worthwhile, but essential.  It may not be Monero, or cryptonote, but some blockchain that offers solid simple fundamental privacy HAS to exist.

It will never be Bitcoin.
5114  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 13, 2015, 02:07:22 PM
do you guys expect another rise in price soon?

Some time (~1-2 days) ago, I put the probabilities such:

30% we are below 165k
30% we are between 165-250k
30% we are between 250-500k
10% we are above 500k

...in 3 weeks.

So, no. I think it is more probable that we fall. However, the rise has so much more upside than the fall has downside, that I am continuing to buy.

There is of course the "out of the blue" possibility that Darkcoin may take another "Dash" to the downside. Darkcoin still has over 3x the capitalization of Monero and the markets seem to respond to any drop in DRK by buying XMR. I say anyone in the XMR/XBT market still needs to play very close attention to DRK/XBT especially if they are planning on buying XMR.
 
Edit: One of the reasons why I was not surprised by the recent XMR upward move is because I am watching DRK closely.

I am also watching it closely.  I began by wondering why there is so much action in that coin with what seem like obvious achilles heel issues (insta/premine, semi-centralized mixing) as well as being a bit overcomplicated.

I thought maybe after the big drop after the rebranding there might be a dead cat bounce, but I was too chicken to buy as I was not sure we'd see a bounce, especially with what looked like artificial whale support.  Turns out I am glad I didn't.

But to our topic.  It will certainly benefit the monero blockchain if DRK continues to lose steam.  Still, the network effect there is strong.
5115  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: March 13, 2015, 12:54:23 PM
Is it true that the devs have no plan to develop an "official" gui? I think i remember reading that some where or hearing someone say something to this effect but i don't remember where.

lovingly FYP.
5116  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: March 11, 2015, 05:29:04 PM

nICE TO WAKE UP 2 A CHUCKLE OR TWO! :d aND A KEYBOARD THAT APPARENTLY HAS CAPSLOCK ON!

I approve.
5117  Alternate cryptocurrencies / Altcoin Discussion / Re: [XMR] rpietila Monero Economics thread on: March 11, 2015, 04:42:31 PM
Hmm... if only I had time to present them, I have many nice charts Smiley
Who is dumping all this xmr, I sold only 5000 xmr to take the price down to .00161. Will hold or buy more to my stash if the price falls below .0013 but we'll see. Let's see some graphs Risto.

I guess you missed this -> https://vid.me/ima7

LMAO

LMAO a little louder now, yes?  Anonymous joker gave up at least 75BTC to us bulls.
5118  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: March 11, 2015, 04:20:33 AM
Have you stopped passing arguments/switches/filenames to simplewallet?

>simplewallet

Specify wallet file name (e.g., wallet.bin). If the wallet doesn't exist, it will be created.
Wallet file name:
>mro

etc...
5119  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: March 10, 2015, 10:50:53 PM
Please elucidate.  Huh
I won't. Because a) so they won't change the decision and b) naming everything public would just encourage XMR/DRK quarreling nobody wants to read.

Could you post a hash of the answer, and then post the answer after the fact?

Provably fair anti-trolling!
5120  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 10, 2015, 08:12:35 PM
Now it's about time to thank you the developers for taking us through the dark ages from approximately October 10th until now. Your determination to develop the coin voluntarily, when all it did pricewise was bring losses to everybody, is worth of the highest praise.

Coincidentally Crypto Kingdom was launched in 2014-10-10 and its Ancient era ended 2 days ago. While my concentration on CK may have brought short term damage to XMR price (assuming my effect is positive when I do open my mouth), now we have me back in business, and Crypto Kingdom is soon going online.

The future indeed looks bright and I doubt that even this short-term uptrend is over yet.

As HM The King, I establish the Order of Core Team in Crypto Kingdom. All the 7 core team members are awarded the Knight Commander rank, and they have the right to award Knight rank to whomever they wish.

Every Knight Commander also gets an engraved gold chalice weighing 200 gold + 800 gold free trading. (Gold is trading at 0.503 XMR currently, prior to its listing to Poloniex.)

Quite cool.
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