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821  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: March 29, 2016, 07:48:20 AM
QC is coming, gradually at first, then quite suddenly.  It really is time to panic, before the suddenly phase.
The situation gets more dire every day:  http://phys.org/news/2016-03-physicists-quantum-fredkin-gate.html
Do you have suggestions for how the developers should respond to this threat now (aside from panicking)?

Formulate and articulate a plan to manage transition to qc-aware signature algorithms. Add necessary supporting interfaces to development plans. 

Eventually someone will submit a pull request.  If they know what sort of thing will be well-received, i.e. what and where are the prefered interfaces, it becomes about 100x more likely that pull request will be useful.
822  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 29, 2016, 03:10:59 AM
Hash rate is now up about 50% over the past 6 months, and has fully recovered from the fork.
823  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 29, 2016, 01:15:33 AM
Another alternative investments meetup is coming this week.  I was thinking of showing a pitch deck reporting 8x gains from 14 Jan 2015 to 24 Mar 2016, and describing my upside targets under various contingencies.

EDIT: typo and precision fixes.
824  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 28, 2016, 07:33:56 PM
Well I, at least, am now full on XMR.  Here's hoping there is more BTC on the side-lines.  I won't lighten up until we pass 420ks again, however long that takes.

My monkey, FWIW, is bullish on XBT\USD, expecting a run-up into July, starting last Friday.  He also wants SPX, gold, and oil to decline for a week or so.
825  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: March 28, 2016, 06:55:54 PM
QC is coming, gradually at first, then quite suddenly.  It really is time to panic, before the suddenly phase.

The situation gets more dire every day:  http://phys.org/news/2016-03-physicists-quantum-fredkin-gate.html
826  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 27, 2016, 08:00:41 PM
Always brightens the day! I should check out my drawers for hidden treasures more often as well.

I was happily surprised.  If it had been just 12 days younger it would have been half the size.

Edit: But 52 minutes since the last block
Edit: Ironic.  When I actually want to move some coins, the whole network breaks.
827  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 27, 2016, 06:53:25 PM
It takes three days for me to buy btc because coinbase is incompetent and has no customer service.
828  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 26, 2016, 11:58:24 PM
I have looked at ZCash very closely and still find Monero much more attractive.
I would be much gratified if you could share your specific reasons for that preference.
829  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 26, 2016, 10:45:39 PM
... good as long as there are also market makers who make sure there are always coins for sale if they get margin called, therefore I am very glad we have Aminorex. I wish there will be more people like him.  Cheesy
They make sure there will not be too much defaults.

My market making is pretty small-time, and if the current pace of rise keeps going past next week, I will stop trying to squeeze out alpha, and just hang on for dear beta, so don't count on me to indemnify your loans.

Seriously, this market is so one-sided that market-making a very tenuous proposition.  Every minute I am not all-in is another minute I risk a FOMU catastrophe.
830  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 26, 2016, 02:41:00 PM
Higher low, higher high criterion has been met.  Bullish.  Level-up to 420 activating.
831  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: March 26, 2016, 01:45:20 PM
Supposedly this is a 5-qubit bitslice processor, hence scalable, although not yet proven by scaling in practice: http://arxiv.org/abs/1603.04512

QC is coming, gradually at first, then quite suddenly.  It really is time to panic, before the suddenly phase.
832  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: March 26, 2016, 01:20:17 PM
Keep in mind that any software not referenced from the OP in this thread is not software which was recommended for general use by the core team, AFAIK.  Please be very careful to vet any software installed on devices which may see the private keys, 2fa, and/or passwords required to access your funds.
833  Economy / Economics / Re: Economic Totalitarianism on: March 25, 2016, 11:06:33 PM
Foundries getting gag orders is not a realistic problem.  It is difficult to enforce a U.S. court order on a Taiwan company.  If you have their cooperation, it doesn't matter anyhow because it's easy to read the chip, and see if it contains deviations from the masks.  It is very open to review.

We do need open source 4g baseband hardware.  For GSM there is osmocom, but I know of no phone for it.  A secure phone would sell millions.  Even if it were just 3g GSM.
834  Economy / Economics / Re: Martin Armstrong Discussion on: March 25, 2016, 10:43:58 PM
That is an awful web site and you should feel bad.
835  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 25, 2016, 11:28:14 AM
So is it possible to use XMR in a manner that person A promises to pay to person B x amount, and as a proof of funds person A sends coins to the network but in a manner that person B sees it as peding deposit (and person A has pending/reserved withdrawal). Once person B has delivered his duty towards person A, person A redeems the payment?


Yes.  Hint: viewkey.
836  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 23, 2016, 11:58:09 PM
...

In the US, at least, that is most likely incorrect.  Crypto doesn't have to convert to USD to be taxable.  For example, the rules are very clear that mining bitcoin counts as income when the coins are received.  And if you purchase something for crypto, that is also a taxable vent.

And interest on lending, whether margin or otherwise. is income.  So interest from margin lending crypto is most likely is income, you pay taxes on the value received as received, and your basis on the monero received is equal to that value.

It is also the same in Canada. Another example is let us say one sells Bitcoin for Monero, then this would trigger a capital gain or loss on the Bitcoin based on the fair market value of the Bitcoin in Canadian Dollars at the time of the sale.

Such a burdensome accounting regime assures noncompliance.  Which is probably the purpose.
837  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: March 23, 2016, 04:35:56 PM
No new block in some time, transaction pool growing...  concern?   

A panic dump would be nice.
838  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 23, 2016, 04:25:27 PM
Well i guess now it's a good time to put my 2 x280 to use.
Any estimate about how much those will make?

Roughly 1 XMR/diem.
839  Economy / Economics / Re: Economic Devastation on: March 23, 2016, 02:53:47 PM
Because they only explain the interaction of the projected things on the canvas, but they can never explain the canvas itself.

Every time such a claim is made, someone shows a way to route around the limitation.
840  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 23, 2016, 02:46:39 PM
I have a few of these on the way, which I prefer over RPi3: https://www.pine64.com/

Building a very nice base right now.  Looks like we might form a cup&handle next.
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