Seriously I respect you, but you must cut the crap. You're project is not the most technically superior CN coin. The Monero team are so busy trying to get the ram and ledger size on disk sorted out and fix the bandwidth QOS that they haven't moved onto these areas you went for first.

One of the reasons people are not following some of your design considerations is that they are questionable in their actual utility. Time will tell.

Wait what? 2) you're claiming claymore is a Bytecoin Dev? What are you basing that on? Can I see some proof?

As far as I can tell he's just a talented programmer that wants to make money. I don't agree with his tactics but no way does this qualify Monero as a premine. This FUD campaign is so lame. Try again.

Well from the sounds of it none of the shareholders have enough money left to fight Ken, seems he is getting away with all our money.

I was hoping some rich shareholder would come and destroy Ken in court and put him in jail forever, even if I never got a single Bitcoin back. What's worse than losing to this stupid old man, is that he will likely live out the rest of his life as a millionaire with my money. If he ended up in jail it would give me closure.

This is total rubbish, almost every scamcoin now has a roadmap where they solve all the problems described in a white paper.

Good luck with that, I have lost hundreds of Bitcoins to scams, and can tell a scam apart now, I see you have yet to learn this.

Good luck with their 2.0 version of their currency, perhaps they should have solved these issues before releasing?

It's a healthy market, people believe in Monero because it was the first fair CryptoNote coin. There are only several other types of coins on the market:

1. Bitcoin
2. Other CryptoNote coins that are technically strong like Monero but have no leading market edge and are essentially "Litecoin/Litenotes"
3. Gen 2 coins like Ethereum and Nxt. However Nxt economy will never be strong because newly minted coins are essential for economic freedom and movement, and Ethereum is early days.
4. All the scam coins, (XC, Dark, Black, etc...)

Really, the only decent coins that are worth our time is Bitcoin, Monero and Ethereum.

I think the Ethereum IPO will be so large it might be worth waiting until the coin is release before investing though.

Are you going to fight Ken in court?

This is FUD. Zoidberg did not spend two years writing CryptoNote, then wait for it to be public, then lose to Monero to be the first fair release. If Zoidberg really was apart of the original CN team, he certainly would have been ready to release the first fair CN coin.

You're a liar, you're making up lies.

Also, BBR has not enough of a lead to overtake Monero, this is the Litecoin vs Bitcoin argument all over again. Perhaps if BBR had a entirely different anonymity system then sure, it could be a competitor, but it's not. BBR has the same stuff that Monero has and both teams (Monero and BBR) have been using each others commits, so the intellectual knowledge sharing is quite even actually.

You're making a case that isn't, very sad to see BBR supporters being this lame.

One of the only people I respect in the BBR community is Zoidberg, many of the BBR supporters like yourself just make up fiction and lies, I cannot respect a liar.

This is one of the reasons I haven't been posting as much recently.

Monero is the best anonymous system that we have at the moment, the people following Monero are mostly interested in a digital cryptocurrency that is untraceable. Our community has anonymity as our fundamental ideal.

Even if Zerocash worked and solved their infinite currency problem, I would stick with Monero for one reason; because I believe in this community, and if this community was presented with a superior technology to ring signatures, I am certain that a hard fork would be made and we would continue to be the dominant community built up around the idea of an anonymous CryptoCurrency. I believe we will change with the times, and it's that reason I support Monero.

The trouble is now we either have the silly dumb trolls posting lies about Monero or we have some intelligent members of the community posting the same argument over and over again hoping for the perfect currency to emerge and not supporting anything until this "ultimate" currency gets created.

Even if this ultimate coin that solves all the problems gets created, the Monero community is so strong I believe we would emulate that coin's strengths and become stronger ourselves.

I agree smooth, sometimes it feels pointless arguing here because the same invalid points are made again and again without any consideration for Monero itself advancing and the community reacting to new concepts.

I believe in Monero and this fantastic community.

You and Rias have to be stupid to think that's from the Monero team, it's more likely our competitors wrote that to make us look bad.

You two are a joke, seriously, you redefine stupid.

Why make a max cap? They want to raise as much as possible.

But Ethereum has the same problems regarding anonymity and scalability as all the other coins you criticize.

dnote has had quite a few replies and I very happy with tacotime's response, very professional.

On the other hand, you're being very childish.

Law is about balance, especially when it comes to situations that are not as clear cut as your average contract.

This EULA sounds like it was written by your standard lawyer who will cover his clients every possible outcome without regard to any possible fallout due to the EULA being too biased.

A smarter lawyer would discuss with their client about potential clauses that can cover them but that could backfire due to being not in the clients customers interest at all.

Not all lawyers see things in such a dull manner and understand that some terms are going to be politically sensitive and need review.

This clause should have been left out, with regard to how many scams the Bitcoin community has undergone. I personally have lost hundreds of Bitcoin to scams. If the Ethereum team fail to launch a working system we need the ability to face them in court. This forces them to work for the money we are sending them.

This lawyer did not understand the complex matter of the current Bitcoin investment climate.

This is poor form.

I see, raise money and put as many out clauses as possible, that will inspire confidence!

I'm sure they will deliver, but I never expected such legal manipulation from the Ethereum team.

The Nxt exchange works on the blockchain and is decentralised.

However the gateway part isn't decentralised, because the bitcoin keys are held by someone. The actual sending of bitcoins is not handled automatically.

You are right, I think people are getting confused between the gateway and decentralized exchange where they are issued.

Correct me if I am wrong.

Can I just say that Ethereum isn't really our enemy.

Ethereum cannot offer anonymity, and if they implement something like ring signatures, they will be far less efficient than a native currency such as Monero.

Ethereum is going against a bit of Bitcoin but mostly it's generating it's own market.

Correct me if you think I am wrong, I'm really interested in hearing other peoples thoughts on the matter.

Right now these are the numbers:

1 bitcoin buys 2000 ether or 0.02% of the current supply of Ether, this is the same as owning 0.02% of the entire supply of Bitcoins, which is 2,600 Bitcoins or over $1,000,000

Of course, we need to add into account two things; one, the IPO will end with your share being decreased relative to more people buying over the next 40 days and two, the supply will increase by around 26% in the first year, and then 20% for year two. (this trends towards 0% without actually ever being 0% per year)

Because Ethereum is a major coin and one of three coins that matter, I expect Ethereum will settle around 100,000 bitcoin on the market for it's first few years. This means that if the IPO is ends up being around 50,000 to 70,000 bitcoin (remember take into account the first year inflation) then this may very well be a good buy.

Of course this assumes Ethereum lives up to expectations.

This looks really interesting. Ethereum has always been one of my top 3 coins to own. (Bitcoin, Monero and Ethereum)

I really see these three existing alongside each other for many years.

I'm not sure how much I will purchase right now, I have a feeling that post IPO may experience a drop once the network goes live, however I have been wrong many times before.

I'm going to keep watching this.

Once the value of Bitcoin starts to trend towards the trillion dollar range, (as a whole), the acts and whims of rich people will have less effect. At the moment many US dollar billionaires could divest their investments and give tens of billions to starving people and the dollar would not move too much, just because of the sheet magnitude of how many dollars there are.

Eventually Bitcoin will be like this.

Right now, Bryant could divest all his Bitcoin and save lives, and his divestment will not influence the market. I agree that Satoshi's movements may be counter productive, but Satoshi is an outlier.

I am of course being sarcastic, the stolen $500,000,000 is nothing like killing 5,000 people, it's unlikely that money would have ever been used to save 5,000 lives, especially considering Bitcoin is a hoarders currency, I can't imagine the Bitcoin rich saving 5,000 people.

At the moment we can't really advise merchants to start using Monero because the core code needs a lot of work. Many merchants that may try to use Monero in its current form will likely be turned off forever.

Once the bandwidth and ram issues are sorted, the team will incorporate one of the GUI developments and then Monero will be ready for merchant use.