I certainly don't, I think that number is much too low, by orders of magnitude, as a long term target.

That's why I think it is possible to reach as a relatively short term pump. Again, not saying it is likely, merely possible.

When you propose a bet, you are maybe suggesting that I'm saying its more likely than not to happen over some particular timeframe, which I'm certainly not. I'm saying it is possible and that emission can turn out to be largely irrelevant, just as it was for LTC.

No I don't think it would happen exactly the same way as LTC. I expect if it happens it will play out in some similarly unexpected way.

I kind of disagree about there being fewer alts though. The enormous wave of clones crested in 2013 has basically dried up. There are only a few dozen alts any more for all practical purposes, and crowding and alt-fatague has largely closed the door to new ones. In fact many if not most of the alts that are still remotely viable now already existed then.

No, LTC rallied by a factor of ~20 in ratio from early 2013 lows.

That's not really the point though. LTC has 4x the supply model of BTC or XMR (fairly close to each other). LTC at 0.05 BTC is more like XMR at 0.2 BTC. This for a coin that had basically nothing going for it in terms of either existing technology or visible development process. If you buy the possibility of a silver to btc's gold or hedging or whatever you want to call it (and I do buy these models somewhat) then 0.1-0.2 BTC or possibly a bit higher is achievable. With no BTC rally at all that's still $25-50, and a btc rally is very possible as well.

This is 100% not meant as "buy! buy! buy!" but merely to express that explosive possibilities exist, and changes to the dynamic of mining and the new investors that such an explosive event would surely bring may make the emission and dumping arguments largely irrelevant. The possibility of total failure also most certainly exists.

A move to 100 inspires a lot of user friendly packaging (work with a fairly low barrier to entry). We already have some fairly user friendly wallets especially if you include the open source wallets from other cryptonotes that could be pressed into service. Also botnets and double click to install are not the only possibilities. During gpu era pumps of btc ltc and doge many hobbiest gpu rigs and farms were built and a lot of coins accumulated. That would surely happen with a big xmr pump too

If ltc can go to 50 xmr can go to 100.

I'm not sure about this. I would 100% agree if you had suggested a quick move to $5 or $10. But at $100 it is extremely widely reported and a huge popular phenomenon with million and millions of regular people mining it. 200 times the current hash rate is much bigger than botnets and maybe cafes. Many of those regular people are not going to dump small amount of "free" Monero they get from mining, and the excitement of that explosive rally would surely bring in new buyers. It could very well be self sustaining.

Save them all (privately, except the Account Address, which is a public address you can give out if you want).

The code to import them into the standard command line wallet exists but isn't released yet. In the event that MyMonero became unavailable before the recovery support is added to the standard wallet (unlikely), someone (me if no one else) would make sure there is a patched version for recovery.

The roles of the view key and spend key are described in the whitepaper (which uses the terminology "tracking key" for view key). I think in the MyMonero implementation the view key is indeed derived from the spend key (which is derived from the login key), but this is not necessarily the case for all wallets. In theory they can be completely independent.

One out of two is not bad.

How about changing the thread title to: 1) be a bit less of an advertisement, and 2) indicate some relevance to Bitcoin since you are posting in the Bitcoin area.

You are only somewhat correct. Your risk in the current system is determined by your leverage relative to average leverage. If everyone is levering high and so do you, you don't have much risk and your return is about the same as if the leverage feature didn't exist at all. The risk creeps in if you have your leverage set high and then other investors suddenly reduce there. You are then subject to being quickly wiped out.

140

Smooth QC liquidation dividend

A special liquidation dividend of 1m per share has been distributed to the shareholders of Smooth QC.

Approximately 0.85m/share of assets remain to be liquidated and distributed, plus some ongoing rental income from the remaining office building.

SOLD

No I'm not, I'm asking for details about when leverage was changed and by what amount, not by whom.

Without this information it is quite impossible for investors to ever audit the calculation of their return. You've turned the site, for investors, into an opaque web casino, with in effect no auditable, verifiable or provable outcomes.


Correct, but it is more and more work for a dishonest site to continually release fake but credible, logs, perhaps to the point of impracticality. Whereas for an honest site, releasing credible logs is incredibly easy, because they are the actual logs. See where I'm going with this?


No, you are only being asked for enough information so that investors can view and audit how their returns were calculated, as opposed to it being a complete black box, which is currently the case. You are not being asked for "more and more stuff"


Please explain. You sent fake logs? Or am I misunderstanding something?

Whether anyone checks or not isn't really the point. People can check and that keeps sites honest because sooner or later someone will check and a dishonest site will get caught.

I'm not accusing you of being a dishonest site. I'm asking for information that lets people check on your honesty, if they chose to do so, rather than taking your word for it.

The simplest is bank deposits, if the bank is accepting them (seems the bank has plenty of cash at the moment).

Another option is Smooth Investment Fund (listed on the CORP tab of the character DB), which offers no guarantees but seeks to invest in the best performing assets in the game. So far it has a good return, but that proves nothing.

Other options:

1. Under the current rules, a well-optimized character will earn a daily passive profit from the labor pool.

2. You could buy CKG, which pays dividends from the town surplus.

It means the blue line instead of the green line



Context: http://sites.tufts.edu/comp15/

University update

The University has reached several milestones as we near the conclusion of the ancient era.

First, we most emphatically applaud and acknowledge the recent 10m and 100m donations from Master noms the Prince of Oz, and of course once again the extremely generation donations from The Marquess of Soul (henceforth honored by naming the main building the "Marquess of Soul Center") and Duke of New Liberty (henceforth honored by the naming the main courtyard the "Duke of New Liberty Courtyard") and many other generous donations during the ancient era.

In these last years we announce the appointment of the Prince of North Face as our new Provost. The Provost has successfully established the department of Learning and Research which includes staff donated by the Earl of Cryptoluna, on loan from Smooth QC, and acquired on the open market using rental income from our spacious main building. This department is making significant progress in the development of the Kingdom's science and culture, and we expect to grow much larger in coming years. We welcome any and all donations or loans of mid-to-high-level NPC characters.

Financially, the conclusion of the ancient era has been a success for the University. We have built both the Military Science and Main Buildings at a cost of over 2500m. Loans taken out to bridge the gap between donations and building costs have been almost entirely repaid, with just 100m now needed to be fully debt-free. In addition, the University holds 2050 CKG and an investment portfolio of over 700m in support of our research, education and cultural mission. We look forward to this solid financial footing serving as a springboard for further expansion of both facilities and activities in the future.

Onward!

The Chancellor
Earl of Cryptoluna

I'm not recommending them, and you will note the bolded phrase above was put there for a reason. I'm just observing things as they are.

The history of people like Bobsurplus, Stealthcoin, the BCN shilltrolls, etc. who show up here to spam their own scam or troll XMR tends not to work out well for them ultimately. Welcome to that peer group.

People can be (and many are) just as greedy with Bitcoin.

The reason ETFs (will) exist is they are easier (in almost every way), safer (in some ways), and more compatible with the existing system of laws and regulations (especially for mid-market professional investors) while offering similar upside.