Guilty as charged. I had been telling family and friends to buy bitcoin for years and none of them wanted to hear it. It was around 2,000-3,000 dollars they all came to me and said "well im starting to be convinced should I buy some now" and I was telling them no! At this point I suspect they just think I'm a bastard who wants to gloat and doesn't want to share in any of the success.

Rofl what? Well, hey, thanks for the endorsement Mr. "G-Eazy". Or is it just Mr. Eazy and G is the first name? How did this become a thing? Did "G-Eazy" just call up his "nigga" FluffyPony on a lazy Saturday afternoon and be like "Hey you know I was thinking"? There HAS to be a story behind this.

OMG! That is bananas! I mean I knew, intellectually. But watching it in real time, astounding.

Wow really? I waited months for support to contact me and eventually just gave up.

For some reason I was under the impression that subreddits ran on their own servers not a giant Reddit server.

The difference is that monero actually fill a market need. In the world of private fungible crypto currencies monero is the bitcoin. And in the world of crypto currencies what monero represents is similarly, if not more, important than bitcoin it's self. Don't think of this project the same way that you do the 1000 projects out there that are like "hey look at our neat gimmick!". Plenty of money to be made trading them around to be sure but don't confuse this with them. If you are good at making money trading around the gimmick coins than what I would do is think of monero as a good place to take some of your profit from those activities.

I find, in this space, a little bit of patience to be prudent but too much patience to be a recipe for disaster. There is no such thing as a strait shot to the moon. We will either see a correction or a consolidation soon. Even if its a brief one. Things happen FAST around here but not so fast that you cant wait 24 hours to see how it shakes out.

That's my 2 moneroj anyhow... Now worth almost 600 dollars... Kinda ruins the effect...

It's also important for corporations and businesses to not leak sensitive information about their internal operations to competitors.

And here is the kicker. The more the price rises the more the trend chasing speculator herd will be motivated to do some research on our project. The more research people do the more they see the fundamental value. It's like a virtuous cycle. Green price action begets green price action when then fundamentals are on your side.

You hardly come off as credible when you pump your own book in the very same post

Well now that is a pickle isn't it. Hopefully by the time their use became too rampant physical evidence of their existence would surface. Or if even the highest profit margin cards became grossly unprofitable even with free or very cheap energy inputs, that might be some evidence. I don't think botnet mining would be able to account for that.

IKR? I heard FP talking about mimblewimble so I went and did a little research on it. Turns out the thing that is preventing them from implementing it on bitcoin (besides endless governance problems) is that you cant do any sort of on chain scripting with it. But monero doesn't try to be anything other than a currency so its a perfect fit. My crypto investment strategy has been to focus on projects that may be able to address the shortcomings of bitcoin. Namely the lack of scalability, fungibility and privacy. I took a big position in monero because it deals with the latter two but its starting to look like it might also be one of the best bets for scalability too!

Are you speaking of mimblewimble?


Good good. This is just the sort of sentiment that will make it worth nobodies time to ever even try to produce cryptonight asics.


Awesome. Good to know.

If you are going to bump one of them please at least don't bump a whole wall of text of garbage as well.

You know I think we should talk about the community being open to changes to the cryptographic hashing algorithm. It's not cryptonight specifically that we are wedded to but the opposition to application specific hardware in mining.

How do you guys feel about a hard fork away from cryptonight and into something different if A) a good new hashing algorithm presents its self and B) asics begin to be deployed at scale for mining cryptonight based cryptocurrencies? The advantages are twofold. One, we will be building community consensus around the idea that the hashing algorithm is a flexible thing and so avoid being forced to face the prospect of a bitcoin cash type situation. But also the acknowledgement of this consensus within our community will help to discourage the development of cryptonight hashing ASICS.

Thoughts?

Thanks.

Haha yea I'm just extremely wary of any link that ends in .pdf.


I wonder if these researchers bought a bunch of monero before they published this paper . It's some pretty damning stuff.

I don't want to click w/e that URL is but I'm definitely interested. Does anyone have a more official looking link to this paper or just the name of it so I can search for it?

You can make people type in "send all coins" or something like that in the confirmation dialogue box. That's what world of warcraft does. If you want to delete a character you don't just click yes you have to type DELETE in all caps.

The "soon™" meme is used liberally around here and for a reason. But all the soon™ things have EVENTUALLY come out. Man let me tell you about LMDB. That was the worst. For like a half a year or a year or something monero was borderline unusable. It needed like 10 gigs of ram or something crazy. All we could ever get was soon™. But then one day it came and it was glorious.

Count your blessings. Atleast you can still tell. Wait until AI is actually really good.