Bitcoin Forum
August 02, 2024, 05:20:12 PM *
News: Latest Bitcoin Core release: 27.1 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Alternate cryptocurrencies / Altcoin Discussion / Re: Dash is dying in front of everyone's eyes and no-one seems to care, why is that? on: May 28, 2015, 11:23:35 AM
Dashcoin is a scam and all the investors are sheep following evan who instamined over 50%  of the total supply in the first week
Monero is true financial privacy.
It is fair and honest. It is the most advanced anonymous coin. It is a matter of time until the darkcoin refugees seek shelter in the superior coin.
2  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: May 28, 2015, 11:14:20 AM
Agreed on your points re: altcoins exhibiting self-advertising. The community isn't actually all that well populated though..it's largely the same few voices..sometimes making several low value posts  in quick succession that keeps this thread bumped.

My real issue is disingenuity..snake oil salesmen parroting potentialities as de facto prophecies guaranteed to unwind as they state ... cognitive biases running amok here that allows such statements to go unchallenged because it jives with the status quo hivemind here.. the thought process seems to be "we are amongst friends here and we all made the right decision by investing". "We can all see something nobody else can see and we will harvest plentifully as a result." "It is a fact we will become rich The rest stating negative words against  monero are trolls and or haters and or competing coin investors and or government employees keeping our coin down" via some mechanism

I mean look at this shit..

Quote
It's crazy to think about...  It sounds quite unfair, but I can't find any good reason why it won't be true:  we are going to buy as much Monero as possible right now and hold onto it (no margin games), and in ten years we are going to be obscenely wealthy.  
 
Quote
All we can do is try to build and work with the technology, help new users, and vow to be responsible stewards of a great amount of wealth.  
  
I know I get euphoric sometimes, but honestly even if I never said a word it would still happen.

Are you kidding me? He knows none of that, yet he's talking as if he's been to the future and back. That is a worthless post just like mine which was labelled a troll. Mine was labelled a troll because it's negative. His wasn't because is a motivational speech, that is a sales pitch. rallying the troops.   All I want is genuine worthwhile content here without lewd fantasies of surpassing the rothschildes wealth. There have been way too many unrealistic euphoric posts here in the past months that go unchecked. That's not symptomatic of a strong community

It's certainly not trollmode that one of the currencies underpinning selling points (anonymity) is in the here and now fairly fragmented for new entrants due to the limited markets for purchasing XMR. The main access point requires sacrificing proof of identity to a central authority. There are absolutely other avenues one could accumulate however for many less technical people that really does defeat the point.

Unless you work for poloniex or one of the agencies receiving it's collected data on it's clients you can't prove americanpegasus has more or less than 20k
3  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: May 28, 2015, 10:36:59 AM
risto dumped 40k xmr into one of my buywalls

yeah is it not shame to be able to serve wm clients both way (not that I believed the incident is even true)

Oh the incident is true,  I was putting up some motivational walls to the trollbox chorus of comments like  "monero buy support looking strong" etc.. to dig myself out of a small hole (these were the days of 500+btc on one side) as usual and you tested taking out a chunk-  I quickly pulled the rest.  (you will be able to find the polo sell log.. not that you should care that much..)

4  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: May 28, 2015, 10:13:07 AM

I'm also sick of seeing this monero thread bumped to the front page of the altcoin discussion page by the same few posters. At last it's slightly more bearable than the 15 different monero threads but still almost every other altcoin sticks to the less trafficed altcoin announcement page


I know how you feel, I have asked the devs to abandon this sinking ship full of rats and holes that is bitcointalk, they wont hear, its doing harm to Monero having the majority of its discussion in an alien forum, about the rest of your rant, you just hate us cause you aint us.

it's well known bitcointalk is a shithole but it's unfortunately the only shithole you've got.
moving onto your closed walls monero specific domain a la paycointalk is the altcoin equivalent of setting up scientology camps. You'll be sticking your fingers in the ears saying you can't hear the haters and preaching to the choir in a gigantic circlejerk while volume dwindles and involvement becomes increasingly diluted.. why must you keep turning this into monero vs the world.?

I simply said I'm sick everyday of reading this thread on the front page when there is barely any exciting information within. Lots of dreamers imagining how insanely rich they will become when xmr reaches parity to an oz of palladium and  many conspiracy theorists discussing how monero is being held down when the price heads south, none of that talk when the price pops up again... price goes up and down..you can't explain that, it doesn't need a forum post each time it shifts.. All I'm saying is It would be nice if it was simply condensed down into meaningful status updates on the project, with less signal to noise ratio. You guys over aggressive sales pitch and promotion drove off many, that's a truth.


I'm also sick of seeing this monero thread bumped to the front page of the altcoin discussion page by the same few posters. At last it's slightly more bearable than the 15 different monero threads but still almost every other altcoin sticks to the less trafficed altcoin announcement page


I know how you feel, I have asked the devs to abandon this sinking ship full of rats and holes that is bitcointalk, they wont hear, its doing harm to Monero having the majority of its discussion in an alien forum, about the rest of your rant, you just hate us cause you aint us.

Stills this forum in inevitable to get those to hear about Monero, who still didnīt. The GetMonero Forum is more like the Inner Circle for those people that did. BCT is like the Social Media Platform for Cryptos.

This is the convenient part to us, but for the ones like legit_chocolateface that may see Monero as a threat to their shitcoin investment, its a reason to troll, so pretty much everyone on crypto already knows about Monero, the next step now is getting in the ears of those who don't, and it cannot be this way IMO, buried in the bitcointalk - altcoin section some few threads of pure platinum bits among thousands of scams and trolls.

See, this is the kind of attitude I am speaking of. You can deny it but it has caused many to simply avoid joining this crazy cheerleading squad. Apparently Monero is all supreme and any opinion to the contrary must come from some sort of sleeper agent working for another altcoin development team or one with a personal vendetta against monero... How pray tell is Monero a threat to my shitcoin investment ?  This is a trading game, it's not personal.  I am sat here wondering how on gods green earth the market decide faircoin and banxshares are more enticing than monero but that's just the way it is.. this is inefficient and irrational market, you have to trade swings.

How is xmr a threat anyway... Because it is performing so well recently?  because nobody has mixed baskets? I am quite confused... I have at times, bagholded Monero and at times profited from Monero the same as pretty much every altcoin currently or ever in my portfolio.  In fact the first time I was an XMR bagholder was when risto dumped 40k xmr into one of my buywalls whilst I was already down. I didn't want it filled at the time I had freaked out for a moment as the price took a turn for the worse, but  little bit of patience and sold at a profit awaiting another dip. It came. rinse and repeat coming out on top overall more than I got burned. It's not rocket science.  Nor did I have to resort to posting nonsense here about how Monero will overtake Bitcoin to become the obvious dominant successor.. The same story with many other altcoins. You seem to think this is that nobody is allowed to sell and rebuy or short..  They must just hold forever otherwise they are an enemy employed by evan duffield..
5  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: May 28, 2015, 08:52:32 AM
I dont know what is about Monero holders,  they alll seem to exhibit this strange sense of fanatical, zealous self-assuredness of it's undeniable superiority which just comes across a little to jehovas' witnessy to me. It's like watching a late night infomercial or reading one of these ebook self-improvement pitches..in this thread it's always laughing at the fools who dump.. (haha, nervous laughter) personally I dumped and brought back lower successfully many more times than I've been burned trying it so don't personally feel too much like a fool. Also everything is apparently an orchestrated attack against monero to keep it down.. THEY are trying and hold back this torrential waterfall that will be the monero success story.. The powers that be and the haters are pulling out every stop to contain this raging monero beast.. Yawn   Roll Eyes

there is this unrelenting undercurrent being broadcast here that yes, buying and hodling a pithy amount of this bytecoin fork will allow you to buy a private island in Belize in 2-5 years. If you buy you will become soon the new wealthy elite, gentlement.. And yes you may not be able to find a single solitary purpose to holding this "currency" aside from buying a fleet of gulfstreams and a lifetime ski resort pass as there is not yet a single scrap of merchant adoption despite a year since inception and almost half fully mined.. but don't let that stop those like americanpegasus and rpietila who have nest-eggs overflowing with monero into encouraging you to gorge yourself on as much "cheap" xmr as possible. how many times we heard that before?

 with anonymity this currencies chief tenet (at this time quite a weak attraction as pretty much the only place to trade it- poloniex spectacularly  un-anonymous,  it's current sky-high inflation and many large holders concentrating wealth it doesn't seem anywhere near as groundbreaking as it's chief proponents try and insinuate.

I'm also sick of seeing this monero thread bumped to the front page of the altcoin discussion page by the same few posters. At last it's slightly more bearable than the 15 different monero threads but still almost every other altcoin sticks to the less trafficed altcoin announcement page
6  Alternate cryptocurrencies / Altcoin Discussion / Re: Why don't the exchanges get together and fork Ripple and use it. on: May 28, 2015, 08:15:15 AM
Here's a list of all the exchanges http://www.cryptocoincharts.info/markets/info

It might be a good idea for some, if not all of them to get together, fork Ripple and form a gateway system for trading and transacting in a network that the exchanges themselves control.

It will make moving crypto/fiat a whole lot easier from exchange to exchange.  

What do you guys think?

There are already few ripple forks, One chinese one gained the most traction but none will succeed without the kind of pull Ripple Labs has. They will be tuna against big sharks at Ripple Labs. For starters they own at least $500 million worth of "NON public" XRP. and, (it's speculated) a large portion of the "public" XRP too able to be used as bargaining chips with big banks and for other lobbying efforts. Prosper CEO is not coming to a community ripple fork because there is no money to be made.

Everyone using ripple gateways in past few days has received an email. in short: You can no longer access or use Ripple after August 30 2015 without submitting passports, licenses, address and other such information.  In fact the process seems more stringent than some banks. I guess after the trouble they faced for non performing adequate KYC is forcing them to crack down hard on users.  Funds can be frozen should users not be forthcoming with this information.

The same thing will occur to any quasi-centralized (as it will be) ripple gateway system where there is a legal pressure to identify actors and "operators". It doesn't matter if it comes through gateway endpoints or what, at some point it will happen, And through such a system you would identify every user of every exchange at once and in real time, unlike now where each exchange will begin to ask for this documentation as they mature. Therefore it may be more appropriate to use another solution: tether to move USD through exchange, although not exactly the same model already fulfills that goal of allowing exchanges to transfer value between each other like crypto. Community could alternatively fork Hyperledger to the same end.

Or there is also Symbiont, which interfaces Bitcoin or XCP Bitcoin assets or even XRP assets with ripple or ripple style ledgers. To transfer USD directly on the blockchain between participating exchanges without even touching ripple would certainly be possible, if required assets like JPY, EUR, CNY could in theory bounce between the two ledgers and back to exchanges.

Users can "Store" their fiat IOUS on the blockchain and even directly trade that fiat (bitfinexUSD, CircleUSD BtceRUB etc) p2p directly on the BITCOIN blockchain just using the Counterparty DEX or the ripple chain also by using symbiont without a central actor involvement until it came to redemption of the fiat. I think this is the obvious best approach. only needs a few trusted fiat issuers for backing this is exactly the model suggested above with the bitshares DEX except the bitshares DEX has a comparitively cumbersome approach and few major flaws when it comes to merging onto bitcoin chain

In due time both will be bridged in some ways with national market systems (NMS), ATS, ECN's and other liquidity pools or FX app like Metatrader. although pairs would likely be restricted.



Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!