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641  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency (mandatory upgrade) on: October 24, 2014, 03:55:07 PM
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Also, let's not confuse pruning (as defined by Bitcoin, meaning removing spent outputs from the chain, or at least the pruned version of the chain) and trimming. What you describe can be used for both though.

Yeah ... I don't really understand any of it except in a very fuzzy way that might very well be wrong o.O
642  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency (mandatory upgrade) on: October 24, 2014, 03:49:13 PM
I just put non-pruned version of boolberry blockchain: http://boolberry.com/downloads.html#blockchain_proof, special for you, because you like to confuse people with speculations about this stuff.

No, you modified some of the signatures there. In the original version they were different.

(I know you didn't, but you can't prove it.)

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The worse that we already discussed it with smooth and he knows that he is wrong here.

I could say the same. Let's not personalize a disagreement.

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ps: i wondering, when you guys finally stop confuse people about my project ?!

That's not what's going on.


Ok.  So basically there isn't a live network that keeps the full ring signatures - but rather a download that Zoidberg can put together.  My only concern is I like the idea of a self sustaining system that can prove anonymity going all the way back (this is the tradeoff of pruning right?)

Wouldn't the best of both worlds be a pruned version and a full version with the client being able to specify which one to download?  Or would this even be practical / possible?
643  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency (mandatory upgrade) on: October 24, 2014, 03:42:57 PM
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Not true, again.
You can do it for BBR as well, using this full version of blockchain you can mathematically prove that all transactions followed network rules.

The worse that we already discussed it with smooth and he knows that he is wrong here.


Zoidberg


ps: i wondering, when you guys finally stop confuse people about my project ?!

Zoidberg - can you elaborate?  You're saying that you can't prove it as a client with a pruned blockchain - but you CAN prove it with a full blockchain.  Are there two different networks running where you can download the full blockchain if you want - or the pruned one if you want?

I'm more interested in truth than pissing contests ....
644  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency (mandatory upgrade) on: October 24, 2014, 05:29:16 AM
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So, any expectation of when its going up again?

I think it could bleed out quite a bit more due to the coin release schedule.   Too bad rptelias blocking us from real blood  . .

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Thanks for the answers... I'm going to read more as soon as I get home and made my mind. 

Cheers.

Best of luck - hope you find what you're looking for Wink
645  Alternate cryptocurrencies / Altcoin Discussion / Re: IBM’s Adapt project|BlockNET project|Tilecoin| NEXT BIG COIN??? on: October 24, 2014, 04:27:04 AM
So.  IBM is using a third party source.  And a coin is using a third party source.

A shitcoin \ blocknet \ ibm in the same sentence.  Just because you wanted to.

The Internet of Things is an exciting project.  Besides copying Ethereum for prototyping - it has nothing to do with cryptocurrency thank god.

what a hive of villany & scum.  You'll fit right into the BlockNET crowd.
646  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency (mandatory upgrade) on: October 24, 2014, 04:12:20 AM
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I was referring to Fantomcoin. But that's a scam also because it is merged mined right?

I know little of fantomcoin - but my recollection was that Bytecoin was a scam & there were others.  Fantomcoin was likely not a scam (and I love merge mining).  But (in my mind) the nature of currencies is to pick a winner and push the others out.  I understand others don't feel this way.  When I talk I think in terms of the most likely to be adopted (Monero, BBR), the scams (Bytecoin, Darkcoin) and those that will just wither away (Vertcoin).  I only see three spots in crypto.  Bitcoin as the transparent ledger.  Smartcoin (contracts, turing, etc).  Anonymous coin since it still hasn't effectively been bundled into bitcoin.


A "pump and dump" is a coin that has been pumped and dumped. Monero has increased in price from 0.0002 BTC to just under 0.01 BTC, and has since fallen to just above 0.002 BTC. A 5000% increase qualifies as a "pump" and a 80% decrease qualifies as a "dump". If Monero is not a pump and dump, then most coins are not pump and dumps so what's your point?  

The point is that you, smurfer43, are an asshole.





Can we please.  PLEASE not resort to name calling?  I'm sick of the strict battlelines between coins and groups that are hostile to even the pretense of objectivity.

Fair point.  Perhaps my post should have read "If you look at coin emission - then pump and dump was the LAST thing in the world you would think of.  Monero's early (first year or two) coin emission makes it almost impossible to pump as effectively as (most) other coins.  The coin release schedule just wasn't built for a pump and dump.

BBR's chart might look similar to moneros but it's f***** up atm.  Look at volume over time.  The inflation majorly discourages pumping.  You'll get stuck out to dry if you try to pump because miners will just dump into you - too many moneros to effectively pump and be profitable at.  There are other coins you'd do better to hype.

Just my interpretation

Monero chart.



Darkcoin chart.



XCurrency chart.

647  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency (mandatory upgrade) on: October 24, 2014, 01:23:14 AM
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This is ridiculous sentiment.

I really don't believe it is a ridiculous sentiment (to state as fact would be ridiculous - but for me to believe it is not.)

I feel Boolberry made a big mistake having James pump the coin with the SuperNET and that eventually some nasty things are going to come out.  If no changes were made to the official software and James / SuperNET was an independent actor then his actions would not reflect on boolberry and the other coins involved in the supernet.  However - if it/he turns out to be a bad actor then it will reflect badly on the SuperNET alliance.  

Boolberry has done everything it can to catch up to Monero.  It releases fewer coins slower.  It has a GUI.  It's joined the SuperNET.  It hasn't had ongoing threats to destroy it.  It shrunk the blockchain.  And yet it still lags behind at approximately 10% of the Monero market cap.

In the same way I assume you can judge the interest in a coin by how it reacts to good news (good news & the coin barely goes up.  Like bitcoin being adopted by PayPal which was supposed to be the holy grail barely going up.  And then a massive sell off afterwards.).   I also presume that a coin that is ahead of another coin in the progress spectrum (smaller blockchain size, official GUI, etc) but lags behind in price by a margin of 10 times (more if you consider the coin release schedule) is the clear loser between the two.  And that the market has made it's choice.

I hold as many BBR's as XMR's as a hedge & I like it.  But the market seems to have chosen.
648  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency (mandatory upgrade) on: October 24, 2014, 12:25:26 AM
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10 days from idea to game was also considered optimistic by many, as well as the $4,000 revenue from selling non-redeemable ingame items, in the first 3 days since launch.

Miracles happen when the right people are around Smiley

I hope it works out great Smiley

Is there a download yet - or are people still just buying gold?
649  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency (mandatory upgrade) on: October 24, 2014, 12:14:48 AM
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- For a simple game like this that actually generates you money in the lower levels, it's easily possible to get 1,000,000 players.

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Your judgement is seriously impaired.

1,000,000 people play second life.

You're creating a 2d form of second life specifically for crypto currency.  I think your adoption number estimates of 1,000,000 (or even 1/100th of that) is over optimistic.  I think it's a great step in the right direction for crypto - but perhaps a baby one.

Time will tell.
650  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency (mandatory upgrade) on: October 23, 2014, 11:48:53 PM
Ah.  Thank you for that clarification.
651  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency (mandatory upgrade) on: October 23, 2014, 11:40:11 PM
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Crypto Kingdom sounds ridiculous. What is needed is integration with darknet and privacy-related services, as others are saying.  It's strange how little focus there has been on privacy issues for an anonymous coin.

I'm going to take a stab at this.  This post might convince you I'm not a completely biased shill.

I probably share some views - the fact that the game is being seriously considered as a bolster to the Monero economy makes me cringe.  And many of rpetlia's posts just come at me wrong.  For this reason I've opted out of the MEW even though I have donated to the development team.  Depending on the nature of Cryptokingdom - if it's more than just 2d half life it might be a lot of fun.  But we'll see.  


Here are my reasons.

. Monero is more open to criticism than most other altcoin communities.  (Not a moderated announcement thread, etc).  I still butt heads with the shills but ... as altcoins go.  It's better than the average circlejerk.

. The first non scam cryptonote.  Explaining all of the history might too long winded for me to do here.  But basically cryptonote was a completely new codebase centered around mathematicaly provable anonymity with interesting origins.  The Monero people have had professional mathematicians and developers review the codebase to ensure that it actually is anonymous.  

. The level of having standard anonymity on all transactions in a coin (in my mind) increases the anonymity by as much adoption as the coin has.  Instead of the powers that be being able to narrow down trying to track or trace the 5% of transactions that are anonymous they will have to attack the entire userbase to get any information.  

. Monero is not a pump and dump.  If you look closely at most coins - it's a game.  Get in early, create a restriction on supply (in comparison to the availability of early supply) to force the prices up quickly so early holders can dump fast.  Throw in some features after you've got your early coins to drive demand.

    Darkcoin for instance had a massive insta mine where the first blocks were dumping out tons of coins.  After being released they re-defined the number of coins they were going to release to be much less.  And in addition they created demand for the coin by forcing mixers to have 1,000 coins.  (All done to force the price up relative to the price of obtaining coins in the first 2 - 4 weeks).  

    XC is similar - all of the coins were mined in a 100 day PoW.  After the PoW stage the features that were thought to add value began to be implemented.  This game is all about driving wealth for those who not only get in early.  But have inside information about what direction a coin is going to go (features added, etc) AFTER massive initial supply has gone to the original adopters / insider information people.

    The main reason Monero price is struggling now is because it hasn't done this.  It's releasing like 20,000 coins per day I think?  I would prefer the release schedule of BBR - but BBR was a late adopter (1 month after).

. Monero avoids gimmicks but does focus on future proofing.  

    BBR made the decision to prune ring signatures.  Which if I understand correctly makes it impossible to mathematically prove previous transactions were actually anonymous without the code base (or something along these lines).  I 100% want to figure out how to make the blockchain smaller per transaction - but I feel like being conservative about keeping proof of anonymity is a decision that bodes well for the future of the coin.

    Monero is working on a database to reduce blockchain size that BBR will probably implement.  They are also working on a comprehensive front end.  Rather than quickly finishing they are cleaning up the code base as they go to make future development less expensive.

    Monero didn't get caught in the SuperNET hype.  I could be missing something here - I honestly could.  But the best I can understand the SuperNET is more like an exchange that is built into the wallet that can use another coins features by triggering two trades.  Trade Bitcoindark for BBR -> send BBR to person -> trade back to bitcoindark (someone please correct me if I'm wrong).  Based on what I've read on both the SuperNET and the BlockNET I'm 99% certain they are both gimmicks.  Both require code implementations into a wallet.  It won't bode well for a coin that legitimately has a future - to buy into a gimmick that was created primarily to allow a developer to offload his coin assets to create a demand.

The fact that (from what I can tell) several holders of Monero's are bitcoin whales and were there at the very beginning of the coin means that the price has always been high compared to other coins.  The volume if you shrink coinmarketcap down to Monero's inception reveals that there is a LOT of trading going on compared to other coins over the course of time.

To wrap up - I'm fairly confident that if nothing on the cryptocurrency market changes (there are no significant contenders - which I DO BELIEVE there is room for one to come absolutely dominate the market but it would have to be a work of genius) then Monero is the clear winner in the anonymity PoW race.  I believe the value crypto is strongly tied to psuedo anonymity & perhaps full anonymity when people discover they can have it.

Edit:  In my opinion the two things needed for the darkmarket are coin longevity & volume.  They care less about speculation than stability.  Monero hasn't been around long enough for longevity.  Volume is as good as it is on any other privacy alt - but not near enough.  Speculation or other venues will probably have to grow it significantly before the darkmarket becomes interested (my .02)

652  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: October 23, 2014, 05:44:50 PM
That was a pretty impressive dump.

Anybody have a link to sidechain comment?
653  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: October 23, 2014, 02:06:28 PM
wow.  well that dump hurt.

Wonder when the downtrend is going to stop?  200?  180?  150?

I have my promise in place from the very ancient times: if XMR goes to 200, I will put a BTC100 bid wall in 150, and it will stay there as long as XMR is convincingly above 200 again (or get dumped into).

Haha - well that would be fun to watch.

The weird thing is all the other coins dumping.  Monero hasn't lost any spots - Darkcoin just didn't dump.
654  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: October 23, 2014, 01:21:45 PM
wow.  well that dump hurt.

Wonder when the downtrend is going to stop?  200?  180?  150?
655  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: October 22, 2014, 09:27:35 PM

I'd be interested to know if this could work with the cryptonote codebase.

Tying the anon technology to bitcoin would be fine with me.
656  Alternate cryptocurrencies / Announcements (Altcoins) / Re: XCurrency (XC) BlockNet community thread on: October 22, 2014, 08:22:14 PM
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That's because the coin supply was cut dramatically when PoW ended early, price spiked in relation.  Here is a link from the original thread
https://bitcointalk.org/index.php?topic=600706.msg6617723#msg6617723

Ah so basically a few people got in back when total supply was going to be 16 - 33 mil - but the supply changed to 5 - 6 million & that's the price spike.
657  Alternate cryptocurrencies / Announcements (Altcoins) / Re: XCurrency (XC) BlockNet community thread on: October 22, 2014, 08:06:48 PM
I also have some inside information about who is controlling Dan now, but I'll keep that to myself.

Perhaps you can say, is this a matter of proving a percentage of market holdings to have a more weighted opinion?

Yea it was poorly worded... I should have said I know now what whales he listens to.

Just out of curiosity - any idea of what the average cost of early adopter who got his coins in the 100 days of mining was?  For a lot of coins I think later adopters never realize how cheap early adoption was (I know I was in this boat and got dumped on in another coin).  But per coinmarketcap - XC is cheaper than it's ever been except in the first several days.
658  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency (mandatory upgrade) on: October 22, 2014, 03:40:31 PM
https://forum.monero.cc/2/economics-and-trading

Anyone else get an error "Woops something went wrong" when trying to go to monero forum?
659  Alternate cryptocurrencies / Altcoin Discussion / Re: Sodom is Provoked, an Altcoin Tale; INSIDE NXT and jl777 on: October 22, 2014, 03:39:27 PM
from reading your post

summary:
NXT is a scam, and not to throw valuable bitcoins or time at it.

well most know this already but thanks for explaining it to the uninformed.

You are a well-known bitcoin zealot but I warn you against cooperating with Joshua Zeidner aka BlueMeanie. He was kicked off Open Transactions, failed to deliver for Peerunity, was the only person banned on Ethereum forum and scammed Nxt community. Think twice if you really want to be associated with BlueMeanie even if he is an enemy of your enemy...

why was he banned from ethereum?
660  Alternate cryptocurrencies / Announcements (Altcoins) / Re: XCurrency (XC) BlockNet community thread on: October 22, 2014, 07:10:25 AM
I agree with you on everything you said.
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