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7541  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: July 28, 2018, 03:27:06 PM

That's a good joke... https://arxiv.org/pdf/1704.04299/
I recommend you read it thoroughly, because the implications are quite serious. Much of it has recently been improved upon, but the issues are not completely resolved and implications of transactions up to 2017 will haunt users for a long time i suspect...

Quote
Andrew Miller is supported in part by the Initia-
tive for Cryptocurrencies and Contracts, and is a board
member of the Zcash Foundation.

Umm yeah so...


I especially like how they conclude that 25% of all transactions are of a malicious nature yet have no proof whatsoever? did they pull that out of their ass or was 26% sounding too high?

BTW, how has that Trusted setup system in Zcrap been working out for you guys?

7542  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Altcoins that might survive in the future? on: July 28, 2018, 02:45:01 PM
Litecoin and Dogecoins are kinda old altcoins. There is nothing new (DOGE especially). I think that ETH and XMR will survive and thrive.


Doge survives because it is merge mined with LTC. I think ETH has serious issues that will only grow with time and once the scamming ICOs can't use it anymore any jump to the next token platform it will tank. Monero will be around until a better solution is found and there are NONE that can compete no matter what they shills are spouting.
7543  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 28, 2018, 02:02:18 PM
The Motley Fool...suggests ...

I haven't listened to The Motley Fool since they recommended I buy and hold Sun Microsystems.

Or Digital, that Alpha Dec is gonna change the world!

Actually you should sell all your crypto and buy GM it's blue chip after all and ..oh wait it ain't now.

7544  Bitcoin / Hardware wallets / Re: John Mcafee & Bitfi launch the first 'unhackable' hardware wallet on: July 28, 2018, 01:49:35 PM
I've notified Bitfi of these issues, however they showed no interest in fixing them.

Haha, wow. If anyone wasn't already convinced not to buy this wallet, then this surely has to be the nail in the coffin? Why would you trust a company behind any product that show no interest in closing security holes and flaws?

I dunno, ask Microsoft. Tongue


They'll just think it's, like, his opinion, man.


More gold - "Kerckhoffs's Principal in essence says that a properly designed system should still be secure even if the attacker knows everything except the key. Here, Bitfi engages in some misdirection, claiming to be "open source", however their "source code" is just a PDF largely made of formulas copy/pasted from the description of scrypt and BIP32. A number of people called them out on this, and in response a comment on reddit, a user going by Bitfi-Team replied:

We never said we were providing full open source code. We clearly state that our wallet is open source. Just check our website before you spew garbage. But if you want the code, do some math. Don't be lazy."

That is pure Gold, apparently the moron doesn't know what open sauce means. Smiley
7545  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] DERO: DAG + Cryptonote + Bulletproofs + SSL + POW + Smart Contracts on: July 28, 2018, 01:47:33 PM
Hi, all. I saw the posting regarding pre-mined balance on the ANN page #1.
First, I am here not to create FUD or anything.
I just tried to generate the way Captain took the screenshot. That screenshot doesn't show any SPENT balance on the pre-mined wallet. The actual balance could be as it is shown or it could be "0" or anything in between. Anyone with their own wallet (which is spent before) can try to generate both "Full Wallet" and "Watch-able View Key Only wallet"; and compare the result.

Please check the following screenshot for my generated wallets:



Transparency is the key for any coin to success. Many with FUD will come here to refute any technological development if the development team is not transparent.

Therefore, my suggestion to this problem is:
1. Send some amount of Dero to other wallet from the pre-mined wallet. The amount doesn't matter. It can be 1 Dero or 0.01 Dero. (you're welcome to use my address at dERonmJchVsaVD6mMxGPbeFmfwkQpdj8vGtfCxqv1xzrNHtw874QyAeEqUsN3k7sTW2ifpASftUQqKr hsavSwMK98PThnxYbXZ)
2. Re-generate wallet using "Full" spent key which shows at least 1 spent transaction.
3. Screenshot and change ANN page #1

FTFY



Valid concern that should be addressed.
7546  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 27, 2018, 12:13:52 PM
Lets talk Bitcoin

My bitcoins are worth significantly less than they were yesterday. Yours?

Strange. I have slightly more... So mine have grown.

How can this be?

ROFL, wish I were in same boat. Smiley

Winkelvoss ETF got declined, but that was never really what caused the speculation for a bull run. So this news coming out and resulting in a dip can be seen as a final buying opportunity. It is the VanEcks and SolidX ETF that really matters. I think a lot of people have heard about the speculation of a "BTC ETF" coming but they are being confused by the Winkelvoss twins ETF and end up selling today.

VanEck and Solid X have tried before but failed, but now they collaborating together to get it approved. Perhaps this time it will succeed.

https://bitcoinist.com/bitcoin-etfs-may-coming-soon-2-prominent-firms-collaborate/

Even CBOE seems to have joined them:
https://bitcoinist.com/cboe-bitcoin-etf-holy-grail-sec/

Again pure speculation #dyor

I can guarantee if Goldman Sachs puts in for one it will be approved and that is a point where all in is not a gamble.


BTW Guys, I watched that movie for the first time last week just because of this thread. Smiley

7547  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: July 27, 2018, 11:47:35 AM
Thanks for latest upgrade which has directly Ledger supports, and very detailed guides for upgrading wallets.
By the way, the historical price chart of XMR shows that the coin might bounce considerably back if it hits around $90.
Of course, I wish XMR will not drop deeply to that point. ^^
https://coinmarketcap.com/currencies/monero/

History tells me it will hit $500 again. Nothing has changed except TPTB taking profit from the scene, this will be replaced and all the caps of sound projects will return.
My guess is 1Q19.

Maybe you could give us a rundown of your crystal ball?
7548  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: July 27, 2018, 11:36:14 AM
whats the best monero wallet at the moment?

The official site:

https://getmonero.org/downloads/
7549  Alternate cryptocurrencies / Altcoin Discussion / Re: Tether: not even a scam on: July 27, 2018, 04:16:21 AM
Tether was fine until some exchanges like Kraken hate it. Tether to the moon! I expect a Tether pump soon.

What do you mean by Tether pump ? Doesnt the price stays the same ?
There are two possibilities maybe he was just being cynical about the whole thing and it is just making fun of people or he does not know what he was talking about not realizing that tether is the only coin in the market that cannot pump in value, the coin could technically dump if at some point in the future it is demonstrated that the coin is a scam but it cannot pump.

Amusingly enough there were enough idiots that there was a dump and then a pump when the morons though it was a fake out. The dump was spurred by when the fiat portals got closed. I think it was about a total of 15 cents spread on the outside.
7550  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 27, 2018, 04:12:18 AM
...

The fact that the supposed solution is broken does not make the sales pitch.

I hear ya. Smiley


W0w, only 3%? I'd call that Bullish. Smiley



Hah, gawd I love that movie. Smiley

Well, it appears the dumping has cooled off a little, for now. A 5% drop doesn't appear too bad considering that some trader's ETF dreams are looking less probable than ever. Hopefully the CBOE has indeed put together a better argument than the twins. I noticed that today's ruling is 3 to 1. So at least there is one dissenter among the group.
https://twitter.com/HesterPeirce/status/1022601549309198337
Trump's pick.

Quote
IV. Conclusion

By precluding approval of cryptocurrency-based ETPs for the foreseeable future, the Commission is engaging in merit regulation. Bitcoin is a new phenomenon, and its long-term viability is uncertain. It may succeed; it may fail. The Commission, however, is not well positioned to assess the likelihood of either outcome, for bitcoin or any other asset. Many investors have expressed an interest in gaining exposure to bitcoin, and a subset of these investors would prefer to gain exposure without owning bitcoin directly. An ETP based on bitcoin would offer investors indirect exposure to bitcoin through a product that trades on a regulated securities market and in a manner that eliminates some of the frictions and worries of buying and holding bitcoin directly. If we were to approve the ETP at issue here, investors could choose whether to buy it or avoid it. The Commission’s action today deprives investors of this choice. I reject the role of gatekeeper of innovation—a role very different from (and, indeed, inconsistent with) our mission of protecting investors, fostering capital formation, and facilitating fair, orderly, and efficient markets. Accordingly, I dissent.

Hester M. Peirce, Commissioner

I think we can agree on the bolded.
7551  Bitcoin / Legal / Re: Over 500 BTC Belonging to Iranians Seized by US Government: Report on: July 26, 2018, 07:02:43 PM
The way America's current government is handling their international relations, they are going to be separated by the majority of other countries. America didn't yet realize the true power of China and making a big mistake by underestimating them.

The biggest Chinese oil refinery company Dongming petrochem already stopped buying crude from USA and switched to Iran completely. Slowly majority of the Chinese companies will follow the same route. US economy will inevitably go down due to the current policies taken by Trump government.

Seizing bitcoins from Iranian people only shows their level of desperation. The way USA is moving under the current president, will bring a great level of misfortune to them.

Of course they do, those in control could just give a shit less. They won't be the ones paying.
7552  Economy / Speculation / Re: [b]GUESS LIST CLOSEST TO ATH @END OF THIS YEAR[/b] on: July 26, 2018, 05:02:49 PM
21000

Because... Blackjack  Grin

In true honesty I really want mymenace to win this contest.......



so many numbers......                21000     Robin,Hood

maybe 210000  Shocked   or  21210 or ......   but youre choice been taken already    Roll Eyes

shit!

24000 then!

Bust!
7553  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 26, 2018, 01:05:07 PM

Even if bcash is better, look at IPv4 and IPv6. IPv6 is objectively the better standard. It has enough IP addresses that you could have one for every electronic device in your home.

IPv6 has been around since the late 90s. And yet we still use IPv4. Why? Everything has been built on IPv4. It's established. Getting everyone on the Internet to migrate to IPv6 just never happened. Could it? Should it? Maybe. But it didn't.

With limited IP addresses the Internet stopped working right? No. They just adapted and used various layers to represent the various devices you use every day. You may have one router in your home which then assigns a local IP to your computers and phones. Most people have dynamic IP addresses so that when someone's no longer using an IP address it doesn't just sit there, it can be used by someone else. The Internet adapted. The end of the world did not happen as the IPv6 advocates proclaimed would happen once we ran out of IP addresses.

So work with the current Bitcoin protocol and do what you can to make that work because that's what we've got.

IPv6 is used for some LANs and other things within businesses. Maybe bcash can go that route. Who knows.

I can tell you why IPV6 was not adopted out of the box and that is because there there baked in vulnerabilities that M$ and 3 letter agencies tried to push to us and we spent a lot of time and effort vetting that and stripping it out. As far as it's current iteration, I have no clue.

That is the Milan Stock Exchange, at NASDAQ Facebook is at ATH. Nevertheless, all stocks are over-inflated, I wish I could see the same thing happening in NASDAQ (most likely sooner than later).
Sooner.
https://www.zerohedge.com/news/2018-07-25/and-most-popular-hedge-fund-stock

How the hell is Zuckerberg able to dump his shares outside the trading window ?!

The inevitability of a free market, you have a problem with that?

These guys stole my retirement. https://www.britannica.com/topic/Salomon-Smith-Barney-Holdings-Inc
7554  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: July 26, 2018, 12:58:22 PM
My speculation: Monero is close to the bottom in both BTC and USD terms - maybe even passed it. There are exciting months ahead.


I agree. I think the price stability during the BTC rally has shown that.
7555  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: July 26, 2018, 03:42:06 AM
Ok.  Thanx for the reply.  Just seems like it be nice to not have to even use Plausible deniability.
The world is not nice. Sad
7556  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: July 26, 2018, 03:23:02 AM
Anyone have any thoughts about the survival of privacy coins once crypto's like Coval/Emblem, Cardano, etc perfect the side chain transfers?  Seems like they are very close.  If you can transfer funds, files, etc and all the info is burnt ounce accepted, why would you need Verge, Monero, etc?

You would never ever need verge so there is that, as for the rest of your answer just read the definition of Plausible deniability.
7557  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 25, 2018, 11:32:23 PM


This quote is hilarious!

Quote
Bitmain says it will not tolerate “secret mining,” a practice...


My thoughts for the moment (alts not joining this rally so I expect a dud):

Does anyone know the exact relationship between alt coins and bitcoin, except that bitcoin is the dog and altcoins are the tail?  At the same time, alt coins can lead a rally or they can trail a rally or they might not come along because there is more froth in them, so I do not deny any relationship between alts and bitcoin, but I doubt that the mere fact that they are not coming along would preclude bitcoin from rallying and continuing to rally.

For other reasons, including the fact that we seem to be in a consolidation zone that might not be easy to break out of, I do agree with any assertion that BTC might not go directly up from here and break above $8,600, for example... so maybe now, our consolidation zone has moved to a range of $7,000 to $8,600, so accordingly, there would not be any reason to write home (or to get excited) about any movement within such current consolidation range.

Seems to me when BTC rallies alts lose cap and then if alts rally after BTC then it shows confidence in the BTC rally.
7558  Economy / Exchanges / Re: HitBTC.com - The most advanced cryptocurrency exchange on: July 25, 2018, 07:50:22 PM
Loads of shitcoins on HitBTC.Any chance of adding Bitcoinplus [XBC]?We actually do real development on our coin unlike a majority of the crap you are trading on your exchange.

Rotflmao, Sure, whats one more?
7559  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 25, 2018, 07:27:02 PM

Quote
After publishing the article, Meduza added an update to clarify that the former Qiwi programmer could not take advantage of the 500,000 mined bitcoins, as they were “lost” at some point.


I'll believe that when they provide the address.
7560  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 25, 2018, 02:59:15 PM
Good Vid on current situation.

https://www.youtube.com/watch?v=mH87sZxg-98

A small dump ,enough to see tera coming back Huh??



that was nice to see. Smiley

Can someone with knowledge of the ETF markets comment on this? It reads to me like the market manipulation safeguards are not in place for an ETF to be passed YET but are being implemented now (Coinbase/Goldman-Sachs) and that the futures (CME/Cboe) are not adequate for acceptance.

https://www.sec.gov/comments/sr-nysearca-2018-02/nysearca201802-3676326-162451.pdf

Sorry trying to quote out of a pdf is a pain and I'm not going to reformat by hand (if anyone has a tool that will do this please link).

Quote
b.
The
Commodity  Futures  Trading  Commission  (
CFTC
)  asserted  authority  over  virtual 
currencies like
Bitcoin as commodities under the Commodit
y Exchange Act in 2014. It
worked  with  futures  exchanges  regarding  the  launch  of  Bitcoin  futures  referencing 
Bitcoin  spot  markets,  and  following  the  launch  of  the  futures  contracts  the  CFTC 
published documents stating “the CFTC not only has clear legal aut
hority, but now also
will   have   the   means   to   police   certain   underlying   spot   markets   for   fraud   and   
manipulation”  through  “heightened  review”  collaboration  with  exchanges
,  including
exchanges  “providing  the  CFTC  surveillance
  team  with  trade  settlement  data  upon 
request”  and  exchanges  entering  “information
-sharing  agreements  with  spot  market 
platforms to allow access to trade and trader data” and monitoring the spot markets data
for “anomalies and disproportionate moves” relati
ve to the futures markets.
12
 In another
announcement,  the  CFTC  stated  its  expectation  that  “the  futures  exchanges,  through 
information sharing agreements, will be monitoring the trading activity on the relevant
cash  platforms  for  potential  impacts  on  the  fu
tures  contracts’  price  discovery  process, 
including potential market manipulation and market dislocations.”
13
c.
In  addition,  Gemini,
the  digital  currency  exchange  whose  Bitcoin  auction  is  used  to 
determine the settlement price of the Bitcoin XBT futures contracts that trade on Cboe’s
CFE  Exchange,  announced  on  April  25,  2018  that  it  would  use  Nasdaq’s  SMARTS 
Market  Surveillance  system  to  “monitor  [its]  marketplace”
  and  “become  a
marketleader  in  custom  surveillance  rule  creation  and  alerting  for  the  crypto
-asset  market”  in 
order to build “a rules
-based marketplace.”
14
d.
Some  sort  of  m
arket  surveillance  is  generally  a  prerequisite  to
  identifying  potential 
market manipulation
, as well as creating incentives to discourage market manipulation

.
The  emergence  of  institutionalized  market  surveillance  on  both  futures
and
spot
markets
  in
Bitcoin
  products
  is  thus  a  positive
  sign  for  the  long
-term  future  of 
Bitcoin
markets
.
e.
As  a  result  of  reinvigorated  harmonization  efforts,  t
he  SEC
,   in  coordination  with
  the
CFTC,
self
-regulatory  organizations  (SROs),  Bitcoin  futures  excha
nges,  and  Bitcoin 
spot   market   platforms
,   can   gather   the   market
   surveillance
data   to   support
   an
independent  analysis  of  trade  and  settlement  patterns
.   This  analysis  could  be  used
to
determine  the  extent,  if  any,  to  which  potentially  manipulative  trading  practices  occur 
on  Bitcoin  spot  and  futures  markets,  and  compare  that  analysi
s  to  an  analysis  of 
longstanding markets under the SEC or CFTC’s jurisdiction. 

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