What aspect of Cryptonote necessitates that mining be centralized?
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Lol, the annotations make it clear, thanks.
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The most annoying thing about this thread (and forums in general) is when people post an image with absolutely 0 context or explanation. We're not inside your head, tell us what we're looking at.
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BTC is again recovered. Of course you can throw in figures such as $200, $300, talk is cheap. But BTC is not going there. Last year same thing - the lowest bottom was seen long before the final capitulation.
If you check the situation of Monero at the exchange of your choice, there is not much to buy at these levels. Perhaps people are realizing that double hammering an unrelated coin to Bitcoin is not the road to riches.
If only the rest of us had castles to retreat to when we're proven wrong.
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Anonymint, whenever the issue of bloat is brought up, it seems that the standard response is that the average user will not be running a full node, thus it does not matter. Assuming that most people are running light wallets, and nodes are being run on dedicated servers, how does bloat ensure that a currency goes nowhere?
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(I'm going to wait till all of the weak hands have left the building then I have some really cool stuff to announce).
-Evan
I contend that this has a good deal to do with Dark's sudden fall from grace. You can't say an open statement like this and disappear. Especially since trading in and out of cryptos is so easy. I'm pretty sure a ton of traders were like 'fine, I'll sell now and come back once you announce this 'really cool stuff'. JL That sort of plan could backfire, depending on how cool it is. Is it "meh" cool, or is it "holy shit, this is awesome!" cool ? In the latter case the price could shoot up rather quickly, meaning unless you are pressing F5 like a maniac, monitoring this thread all day, you'll probably lose.
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Someone go check on Darkproton, he got hit twice.
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Well, I've lost money, but I don't care because I believe foremost in the idea of an anonymous currency. It's impossible to predict the success of any individual business, entity, currency etc. However, it is possible to predict the success of a general idea. This is why ETFs exist. I can say with confidence that biotechnology is going to (already is) be a big deal. Yet, many biotech companies will fail. So it is with crypto. I believe in Darkcoin, but I won't hang myself with one of my ties if it goes tits up. I've prepared for a failure, so even though I've lost a lot, I feel nothing. Utterly indifferent.
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Evan if you're reading this, it's about time for a deus ex machina.
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These things happen, which is why you have to be hold BTC in addition to any altcoin investment.
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Yup, the guy who posted rants whenever someone sold is lying in a pool of his own blood for sure.
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I just jizzed, thank you! Nice markup, 3.23 a coin, only 25% Paypal is a risk. It's priced accordingly.
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I bet the guy who posted rants anytime there was a sell off has shot himself by now.
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Looks like we're going down.
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Let's start a moderated thread specifically for support, questions etc. I can help moderate as well.
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Bitcoin trolls are certainly the most arrogant. Buddy, you're delusional if you think Bitcoin will be the only successful cryptocurrency.
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True this needs to be solved.
Still, Monero is just a crude hack compared to zerocash.
You are assuming that it can be solved. I am skeptical.
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^^Why when we have Monero?
I haven't checked it closely but Brilliantrocket says zerocash isn't trustless and if so then again, why?
Whoever sets it up must create a key. If they do not destroy this key, they can create unlimited coins, and no one else would know.
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It's fine to diversify into Monero. Bitcoin is still the real thing though.
Bitcoin is a Statist's wet dream...traceable and tracking every last transaction. Like tatooing your entire financial history on your forehead for the world to see. Monero is the real thing. Monero represents liberty, bitcoin is enslavement. The zerocash functionality can be implemented in Bitcoin at any time after it's proven it's value. Zerocash is better than Monero at any rate. Ah, but it won't be done for many political reasons. Not only that but it isn't trustless.
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I bet his posts alone contribute around 10 pages to this thread. Thanks for the bumps.
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