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821  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: August 27, 2018, 02:50:21 PM
I was just checking some Monero network statistic here: https://bitinfocharts.com/comparison/monero-hashrate.html.
And now I wonder why hashrate has fallen so dramatically in May? Is that a mistake or was there any major event which caused this?

I also find number of Monero transactions interesting, there is actually not a lot of them. Even Doge has approximately 5x more transactions on average. https://bitinfocharts.com/comparison/transactions-xmr-doge.html What do you guys think is the reason for this? Not enough exposure of XMR, fees, complexity, UI?

ASICs had been stealth mining and the algo was changed to cryptonight v7 to thwart them.

https://1stminingrig.com/monero-cryptonight-v7-and-sumokoin-hardforks-all-you-have-to-know/

Man, i just checked Sumokoin out, what a freaking joke riding on the work of the Monerodevs. 10% premine kept in "coldstorage" (nobody knows who is in charge of the coldstorage) until 2020, 6 months diff freazing, the first "official" thread got closed, the second one is a joke, man this is true shit on the base of a high level code  Roll Eyes Shocked Angry

Yeah, Anyone that checked out sumocoin on launch could see it was scamcoin then.

Man i hope so  Grin
822  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 27, 2018, 02:46:16 PM
Banned him. If you notice copy pasters, report them and they'll be taken care of. Including the source in the report helps. Thanks.

Dear Cyrus,
did you already have the time to respond to my PM regarding my hacked account. Last year you did not respond, i hope you could do this now.

Kind regards,
elrippo
823  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: August 27, 2018, 10:16:59 AM
I was just checking some Monero network statistic here: https://bitinfocharts.com/comparison/monero-hashrate.html.
And now I wonder why hashrate has fallen so dramatically in May? Is that a mistake or was there any major event which caused this?

I also find number of Monero transactions interesting, there is actually not a lot of them. Even Doge has approximately 5x more transactions on average. https://bitinfocharts.com/comparison/transactions-xmr-doge.html What do you guys think is the reason for this? Not enough exposure of XMR, fees, complexity, UI?

ASICs had been stealth mining and the algo was changed to cryptonight v7 to thwart them.

https://1stminingrig.com/monero-cryptonight-v7-and-sumokoin-hardforks-all-you-have-to-know/

Man, i just checked Sumokoin out, what a freaking joke riding on the work of the Monerodevs. 10% premine kept in "coldstorage" (nobody knows who is in charge of the coldstorage) until 2020, 6 months diff freazing, the first "official" thread got closed, the second one is a joke, man this is true shit on the base of a high level code  Roll Eyes Shocked Angry
824  Local / Altcoins (Deutsch) / Re: Sumokoin - der neue Coin für private Transaktionen on: August 27, 2018, 10:11:35 AM
Hallo zusammen,

Wer kennt schon Sumokoin? Ist noch recht neu und hat noc viel Potential...

PS: Sumo ist eine Fork von XMR Cheesy



Um Himmelswillen, was ist das für ein Shitcoin  Shocked Shocked Shocked
Hast du dir mal durchgelesen was die "Entwickler" so alles "können" und wollen. Diff für 6 Monate gehalten, 10% premine bis 2020 in "coldstorage" usw.
Mann, das Ding ist echt ein Witz --> https://bitcointalk.org/index.php?topic=4466988.msg44761442#msg44761442
825  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 27, 2018, 09:35:11 AM

Verry nice!

Anyone also notice that Montero is doing it's weird contrarian thing? Alts go UP!!! Monsanto goes ... d o w n...  Alts go down! Mediterraneo sneakily starts rising...

I'd comment but wouldn't want to be called a conspiracy nut. Smiley

Monero has it's own mindset and that's one reason i am full in this coin  Grin Cheesy Wink Smiley
826  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 26, 2018, 09:44:54 PM
Damn...
https://monerobase.com/article/monero_devmeeting_2018-08-26

Highlights
*The tentative date for the next fork is scheduled for October 18th, 2018.
*SChernykh Has posted the last of the CryptoNight-v2 changes.
        -Will be merged soon
        -This will be the new Proof of Work
*The last of the bulletproofs code will be merged soon.
        -May or may not include some additional speedup code.
*Endogenic could use some help reviewing the LightWallet pull request
*ph4r05 has submitted some preliminary code to support Trezor devices
*Once the new BulletProofs and CryptoNight-v2 code has been merged, testnet will reorg and testers will be required.
        -This is expected to happen next week.  As early as Tuesday.
*There may still be an updated v0.12.4.0 GUI release prior to the fork.
*Work is ongoing to create reproducible builds for Monero.  Additional help is requested.
*Next meeting is September 9th, 2018


Nice  Grin Cheesy Wink Smiley
827  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2018, 09:43:27 PM
On the flight to Barcelona .... time for a little gambling and poker tournaments  Grin
So come on BTC give me a holiday (short trip) PUMP followed bu a weekend pump and its all fine by me
Hope to visit a few good resto’s as well there

let BTC follow my Rollercoaster tattoo as i take off in 5 MINUTES first destination the sky Grin

I returned from Barcelona on Friday. Spent 4 days there. Met a guy from the US in my hostel (yes I was in a Hostel  Grin) who was into Bitcoin. He was advising me to invest in shitcoins like ripple, bitcoin cash, ethereum. As soon as I corrected him by saying "it is bcash" he instantly agreed with me but stopped the conversation.  Grin I probably hurt his feelings.

Muuuaaahhhaaaahhhhaaaaa  Grin Grin Grin

He also advised you to buy a Lada instead of a Lambo with your BTC

 Cool Roll Eyes Grin Cheesy Wink Smiley
828  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: August 26, 2018, 12:16:12 PM
Yeeeaaahhhh  Grin Cheesy Wink

Waiting for 2018  Kiss
829  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2018, 09:25:06 AM
We are mooning by 15'th October 2018  Kiss
830  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 26, 2018, 08:42:36 AM
I would tend to apply it over the pre-asic era to calibrate a scaling factor, and over the post-asic era to make an estimation. It's just a price-of-electricity estimation of a support level. I should add a Bitcoin price factor to test correlation to historical price:

(H*(T - aR) *  b + c)*B

a, b, c are the parameters to fit.  Since I was going from a one parameter model to a multiparameter model, I thought I should remove the ratio hack as no longer useful, thus eliminating the time window stealth parameter.  

Adding a hype factor: Use Google trends on "Monero" to obtain

(H*(T - aR + dG) *  b + c)*B

OK, so for the legend

H=Hashrate
T=Transactionvolume
R=Reward/Block
B=Bitcoin price in $
a,b,c,d="random" scaling factor

(427mh/s*(100tph - 4XMR/block)* 0,000001)*6600$=270,5472$/XMR

Other inputs are welcome  Grin



EDIT: Calculating the same with your first given calculation model would equal to

427mh/s*100tph/4xmr/block*0,000001=0,010675BTC/xmr
831  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 25, 2018, 08:51:11 PM
Multiply hash rate times transaction volume and divide by emission. Extrapolate linearly.
433,5MH/s*126tph/4xmr/block=13655,25what???

My intention was to describe a time series which should correlate with XMR USD over some local time window. the time window would have to be short enough so that the approximative use of a ratio spread instead of a subtracted spread did not lead to excessive distortion, and long enough for constant noise not too interfere too much with the correlation. The series would need to be scaled by some constant factor to have any utility for supply/demand price estimation. The use of a ratio spread was motivated by a desire to avoid calibrating a scaling parameter.

Ok, got your intention and i think i got your thinking on this matter. Hence the hashrate dropped pretty heavily since the last hard fork this calculation model can be estimated as an indicator.

Lets pretend we take the the scaling factor of 1.000.000 then MOnerO seemed to be heavily overpriced with the effect of the last hard fork. Now the price drops to the result of calculation model within somewhat of 4 months, so this can be seen as an indicator for this. The question is, will correlate also in the other direction?

I did some studies on historic charts and honestly i did not find a clear factor of time latency, where this could correlate, but let's watch and learn something from the next ATH  Grin
832  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 25, 2018, 07:36:00 PM
Guys stop this elevator thing please  Grin Grin Grin

Actually i am loving it  Grin
833  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 25, 2018, 10:16:49 AM



so maybe the rumours are true of a WEEKEND PUMPGrin

Love this one  Grin Smiley
834  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 25, 2018, 09:49:49 AM
1000 usd xmr looks so far away. Hopefully we get there eventually Smiley

Multiply hash rate times transaction volume and divide by emission. Extrapolate linearly.

433,5MH/s*126tph/4xmr/block=13655,25what???

At the moment writing we have rate of 0,0137400BTC/XMR which equals in ~$92 so if you devide the result by 1.000.000 you get pretty near to the BTC/XMR rate.

Is that right or did i get anything wrong?
835  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 24, 2018, 03:08:35 PM
Quite ugly guy, but hey that's crypto  Grin
836  Local / Trading und Spekulation / Re: Der Aktuelle Kursverlauf on: August 24, 2018, 09:32:05 AM
Scheiß auf die ETF's, braucht eeh kein Mensch  Grin Wink
837  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [PRE-SALE][ICO] Petro $PTR - Oil backed crypto currency launched by Venezuela on: August 24, 2018, 09:31:09 AM
This person that is so hostile to you is an agent, unwittingly or not, of U.S.A.'s policy of aggression against the Venezuelan people and its democratically elected government, because Venezuela is trying to act liberate itself from Washington's control. This person participates in this forum only to attack the Venezuelan government; he's not interested in crypto currency.

Perhaps you are right but he still understands the petro better than Maduro does.

It's a double-edged sword with the average Venezuelan citizen getting fucked at both ends:

- the U.S. is indeed actively trying to undermine the Venezuelan economy as punishment for not allowing their corporations entry to their country

- the current administration in VE is completely inept and corrupt and absolutely do not care about bettering the lives of their people.
Yes, and if somebody wants to tell me, that it is a good idea to let US cooperations into your state, then you must me out of your mind!
Yes, corruption is everywhere, in some states and countries more, in some less. Look at Rumania, there the people are protesting against it since months. How about the US, in a study from a US university the US is far more near to a be lead by oligarchs than by "women and men of state"

And if a stupid president tries to chocke a country just because it will not let cooperations onto it's ground, again i recall a wise man who once said "If you need vio...."

Geers

Was try send to you PM, but you account settings do not allow to receive letters from newbies Cheesy

Hello.
I fully agree with your point of view regarding of Venezuela.
Want to ask you a question, cuz i did not undestand one point.
It would be very grateful if you explain, or at least tell me where I can read.
As we can see, after April 2018 100 million petro were issued.
Looking at the emitted coins, I do not understand why they are so many varieties?

Can you help me understand this confusion?
Thank you very much in advance!

You are welcome,
honestly speaking i by myself have to read into it and take a closer look for the details, hence i also do not understand some points in this "setup", but if i do, i will let you know  Cheesy

Geers
838  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: August 24, 2018, 09:24:00 AM
I would be careful with statements like this, but in theory that is right. If you control the whole network (sybill attack) you still can check the bytes traveling from A to B. Basically this is an "added value" over travelling via clearnet with added security. The developments is very good of the Monero community and i do believe that it doesn't need PR like other shitcoins around, hence it gives it's value and strength in it's beeing  Grin

Nice thing is though, by bundling it with a popular crypto currency wallet you could end up with so many more nodes than you ever could with tor or i2p.

Yeeeaaaaahhhh, but i think the fork will not help the I2P network per sé  Wink
839  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 23, 2018, 05:54:37 PM
1000 usd xmr looks so far away. Hopefully we get there eventually Smiley

Multiply hash rate times transaction volume and divide by emission. Extrapolate linearly.

You are back in the house, so that takes me to a new ATH in a month or less  Grin
840  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: August 23, 2018, 05:50:09 PM
By the way,

how is kovri doing?

Wasn't alpha software just recently released? We actually have a buildable functional kovri for the first time now as I understand it. Seems good.

I confirm that. All the previous releases have the status "alpha-rc", i.e. "pre-alpha". Official alpha has been released just few weeks ago:
https://github.com/monero-project/kovri/releases/tag/v0.1.0-alpha

Monero/Kovri devs do have just one disadvantage: a very... VERY poor PR activity. They often do the great things in total silence. They probably think the github activity is completely sufficient source of a new information for the whole community.



That's good news though, i am eager about the security benefits it brings  Grin Cheesy Wink Smiley

Glad you brought this up as I forgot there was supposed to be an announcement after Defcon. I think Korvi is going to fork from Java Ip2.

You are welcome, i just was not reading anything about it on the net, so that's why i initially was asking  Grin


Hi;

I really don't understand Monero community. This project is not providing 100% privacy like Verge... but they are still chasing.

Kind reagards

Having fun having all those free coins dumped on your head?

if XMR was really private you wouldn't even need this! Smiley bwaahaha

This will just make it so that no one knows your even running a wallet on the network, you can already do that under tor. It is added security not a fix for security.
Your trolling gets boring, back to ignore soon.

Well the good news is when the trolls all show up at once it precedes a price increase. Cheesy


I would be careful with statements like this, but in theory that is right. If you control the whole network (sybill attack) you still can check the bytes traveling from A to B. Basically this is an "added value" over travelling via clearnet with added security. The developments is very good of the Monero community and i do believe that it doesn't need PR like other shitcoins around, hence it gives it's value and strength in it's beeing  Grin
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