It's amazing that Blocknet's supposedly "deprecated" thread is so assiduously moderated to ensure only cheerleading is allowed and scam warnings are removed. I cannot announce anything at this stage but I expect to be able to very soon.
Finally, BLOCK's price is tied intrinsically to the use of the DX. It's fundamentally not dependent on speculators on Polo. While I value Polo as a gateway, it's not part of our business model.
End of statement.
Two things I love in this "statement." 1. Says "I cannot announce anything" then immediately proceeds to announce an upcoming announcement "very soon."  2. The sniffy put down of "speculators" who were dumb enough to become bagholding investors in Dan's failed "business model." To think XC was once a rival for dash is terrible when you view the MC now. The XC holders (of which i have a tiny amount of) must feel gross disappointment at this stage.
ATCsecure needs to stop being scared of this board just because he got a hard time before. Man up and get back here and regroup you've stuck around long enough to prove it was not a total scam so come back on the board and get discussion and interest picking up here. What do cockroaches do when you shine a light on them? That's right, they scurry away to hide in some dark place. That's why this scam hides in places where people can't ask important questions, nor express dissenting, ie non-cheerleading, opinions. Polo should have never listed the XC and Blocknet scams to begin with. Doing so brings the exchange additional technical risk from bad code and legal risk from facilitating the scam(s). |
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LOL AMATEURS Up an entire 100%? That's adorable.  |
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Monero is more private than DRK, requires no masternodes and actually works!
The DRK community had so many trolls spreading so much FUD on Monero and XC last year, but now things are coming back up again.
This. Is. Gentlemen.  |
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OMG, you guys.... srsly? LOL I never said/meant anything at all like what you're saying I said. My only point was simply that *maybe* BTC won't end up being the final crypto that "wins"! Everything else that both you guys say elsewhere appears to agree with that, right? After all, isn't this usually a large reason why *anyone* gets interested in XMR (or other alts) in the first place? So... WTF really? Geez, so sorry that I "insulted" Greg, your hero, or something I guess. LOL Methinks (still) The Ladies Doth Protest Too Much...  P.S. {Edit} Go ahead and reply more if y'all want but this is stupid & I ain't gonna play any more anyway. Whatever  You said "Maxwell is *killing* bitcoin." That's the same thing as a Bitcoin Obituary. Own it. And BTW, an eyeroll emoji is hardly "overreacting" or "protesting too much" but by all means continue characterizing as somehow inappropriate my disputation of your doom-mongering if that helps you cope with the unbearable 1MB status quo.  |
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 Greg Maxwell is *killing* bitcoin!!!111!!1!Oh Jesus, it's yet another Bitcoin Obituary...  LOL IceBreaker... over-react much? You shouldn't write such retarded posts. Its fine to be ignorant, but you shouldn't put it on display with your stunning display of arrogance. But that's why you sit on the sidelines with conspiracy theories and people with actual knowledge like gmaxwell are out there changing the world. You know as little about scaling as you know about confidential transactions, but you figured out how gmaxwell and his evil minions figured out how to fool every bitcoin developer into "crippeling" bitcoin for the sake a unknown buisness model from a company you know nothing about. When was the last time you visisted the core slack channel? You know, where the actual ppl you badmouth, including the president of said company, hang out and will answer any question you have. Not that you have any, because you lack any knowlegde on the subject. Ouch. That's even harsher than what I would have said. Good job! KeyJockey is backpedaling; he knows making yet another virtue signaling 'zomg gmax is *killing* bitcoin' statement is functionally equivalent to writing a Bitcoin Obituary. Besides his stellar work on BTC, Gmax has given us CT and put an XMR address in his profile. But that's not good enough for the pro-contentious hardfork crowd. They demand every knee must bend to their God of Fake Scaling, on pain of hearing ad infinitum their bleating/doomsaying/defamation/conspiracy. |
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That's why this scam hides in places where people can't ask important questions, nor express dissenting, ie non-cheerleading, opinions.
Polo should have never listed the XC and Blocknet scams to begin with. Doing so brings the exchange additional technical risk from bad code and legal risk from facilitating the scam(s).
I love how we have functional software products for both XC and Blocknet and yet you cry scam, while all along we have been answering questions in slack and doing real user testing. The only scam here is you coming here and making this statement when actual users have used the software. Why don't you go crawl back into your hole and piss off Another classy post from Dan Metcalf, your lead dev. I was an actual user of your software so I had an insight into your business. This is one of the reasons I started this thread. Yes, Dan is using the classy 'attack the attacker' scam defense strategy he learned from the DashHoles (before they signed their mutual non-aggression/co-scamming peace treaty). As if questioning my credentials (funny coming from a scamcoin dev who has only been here since 2013) is an effective way to deflect criticism of XC/BN. Given how much money Dan made from pumping and dumping XC, ostensibly to fund Blocknet development, it's entirely appropriate to ask what the hell he's been doing for the last 3 years. Like MAID, he's blown through million$ in "dev funding" but has nothing to show for it. But at least MAID raised their funding semi-honestly through an ICO, instead of betraying and throwing under the bus XC users, as did Dan. Of course the Kool-Aid chugging True Believers will defend their Dear Leader, just as the DashHoles heap praise on Duffield for abandoning Darkcoin for Dash and then pivoting from Dash to Evolution. LOL "SECURE OS?" Scope creep much? |
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Forget everything else - we're going to see confidential transactions take place on a production blockchain in January. Unless I'm mistaken, this is the first for any cryptocurrency - that's no small thing.
And CT was invented by Greg Maxwell who works for Blockstream and is helping to "block the stream" of transactions that is *killing* bitcoin... anyone else notice the irony of that here? Oh Jesus, it's yet another Bitcoin Obituary. Don't you ever get tired of making a fool of yourself by predicting/announcing Bitcoin's Imminent Demise®? If GMAX can kill Honey Badger, it never deserved to live. But he is actually helping (ie playing a major role in) scaling Bitcoin to 1MB, so potential future max_block_size increase may be made on a solid (ie decentralized/diffuse/diverse/resilient) foundation and with maximum foreknowledge/efficiency/effectiveness. That's why the price just shot past $800 without breaking a sweat. GMAX has an XMR donation address on his user page: https://bitcointalk.org/index.php?action=profile;u=11425In gratitude for his work on Bitcoin, CT, and by extension XMR, I'll be sending him a token Annual Gift and encourage all my fellow Mustangs to do the same.  |
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As for China? If ever a massive cohort of people needed untraceable and fungible money, it lives there. If When they get it, we are nowhere near where where we will end up. You misspelled "India."
Bitcoin 2.0™
Fuck it... Sub $10 is a joke.
Bitcoin is the multi-platinum chart-topping #1 smash hit of e-cash. Monero is the exclusive white label dubplate 'Maximum Extropy' remix that is only popular in underground circles. Regardless, all the "Bluh Bluh Bitcoin is dying BECAUSE MUH CRIPPLED 1MB FRAPPUCCINO" nonsense here is out of hand. Don't the r/btc guys ever get tired of writing comically overwrought and inaccurate, factually challenged obituaries for Honey Badger? Don't they ever get tired of looking silly and ridiculous as Honey Badger just keeps on doing whatever he wants (including breaking through $800 like a wet paper bag)? |
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...
Do you have a better explanation that accounts for the observable fact heavily funded bitcoin companies failed to produce the kinds of spectacular results Silicon Valley expects, even as the value of bitcoin itself continues to climb? Speculating about motivations and fretting about EVIL BLOCKSTREAMCORE doesn't count; your personal status as disgruntled isn't an argument that leads to a falsifiable (ie useful) hypothesis.
...
Very simple. If the maximum transactions per second is capped to somewhere between 2 tps and 7 tps this places a limit on the growth of a Bitcoin company, say for example a payment processor, no matter how much venture capital the company may raise. Your explanation is not "very simple" as it needlessly multiplies the entities responsible for Bitcoin's secular bull market, despite a more parsimonious theory (fat protocol) being available. TPS doesn't limit growth of Bitcoin companies unless they are doing it wrong (ie trying to use the blockchain as a replacement for low-latency high-volume centralized services like Visa). There are presently limits to Bitcoin's TSP, but there is no limit to how valuable those 2-7 tx are. Hence Bitcoin's destiny to become high powered super money used for settlement between institutions which issue their own tokens backed by BTC. Yes rising fee market pressure excludes marginal cases like SatoshiDice. Oh well; that's called creative destruction. Honey Badger and I really couldn't care less what "virtually every Bitcoin company is pushing for." Fuck those free riding assholes and (your logical fallacy of) argumentum ad populum as well. I'm not going to weep for past use cases (and resultant business models) which are no longer viable (or profitable). The dream of stuffing every Starbucks and Wal-Mart purchase on the Holy Ledger is dead. That yet-another-retail-payment-rail vision has been thoroughly rubbished, starting here... ...and ending with the definitive repudiation here. There’s a permeating sense of entitlement amongst certain Bitcoin entrepreneurs that leads them to try to make the Bitcoin network liable for the profitability of their business models.
Many companies are built on the premise that they can provide competitive financial services by piggybacking off the most open and secure blockchain available. Unfortunately, they often ignore the tradeoffs they chose to make when adopting this solution and too often display an arrogance that is unbecoming from people who owe their entire business to a protocol largely supported by others.
Traditional payment service businesses have stitched themselves on top of Bitcoin in an attempt to externalize their operation costs to the network, irrespective of the fact that the latter is a public good provided by voluntary participants. This dynamic is more commonly known as the free-loader problem
By using their influence to promote design changes that increase the cost of validating nodes through coercion, they are effectively attempting to tax peers in order to continue subsidizing their business models.
If users give up on their ability to coordinate through a fixed block size limit, they invite transaction providers to further increase the load externalized to the network until diversity is lost and validating services become specialized and prohibitive.
For the many reasons explained above, it should be clear to everyone that the current block size limit is hardly artificial. It is, rather, a conscious, voluntary, decision by network participants everywhere to preserve the trust minimization feature of Bitcoin. |
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I think the situation is good.
Indeed - hopefully it won't take a Gox-style event for it to happen, but I could definitely see Bitfinex picking up volume over the coming months. The near-term future for XMR looks very strong: - RingCT - GUI - Bitfinex additional liquidity & decentralization (and wallet storage for the risk-takers) Do we have you back in the XMR game, Risto? I know it's a long-shot but I'd add to that list FluffyPony's going to speak to coinbase in January too. Probably has very small chance of happening BUT if Brian Armstrong *really* wants to make a name for himself as a serious mo-fo in the crypto space, adding Monero support for coinbase customers would be an epic, awesome, totally out-of-the-blue amazing game-changer, LOL, especially in light of all this recent hullaballoo over the IRS trying to muscle info out of coinbase on all their customers. Coinbase is largely persona non grata in crypto space for a long time now, after all the shit they've pulled over the last few years, BUT doing THIS would totally redeem them, at least in my eyes. Yeah, I know... snowball's chance in hell of actually happening BUT can you IMAGINE what the IMPACT would be IF it really DID happen??? I'd generalize this sentiment and apply it as optimism to all exchanges which have yet to add XMR. You know exchange operators/investors must be PISSED OFF at and JEALOUS of Poloniex for eating the lion's share of not only XMR volume, but most other alts as well. What good does it do for your exchange to offer trendy stuff like ETC/ETH/DAO/ZEC when everyone stays at Polo because all the action is over there? |
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I nominate NMC, XPM, XCN, BBR, and VIA.
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I'm confused. There appears to be two Dash coins in the coinmarketcap top ten???
That's because Darkcoin stole the name from the Dashcoin community. The ironic thing is Dashcoin, which is based on the superior Cryptonote protocol, offers much better privacy/fungibility/anonymity than anything Darkcoin ever implemented. Dash uses a bastardized, broken, cargo-cult's "bad crypto" bamboo version of CoinJoin. Dashcoin uses proven/working/legit crypto in the form of stealth addresses and ring signatures. Dash's off-chain, online DarkSend takes forever as participants are at the mercy of current conditions (ie how many others want to mix at the moment) and trusted 3rd party Masternodes' security. Dashcoin's on-chain, offline mixing is instant, as it uses the entire set of all previous transactions for mixing, and so does not require trusted 3rd parties nor liquidity providers. Of course the DashHoles around here will shoot the messenger and attack me for stating those facts, rather than attempt to refute them. Perhaps they'll start to listen when Dashcoin's market cap exceeds Dash's (which at this rate won't be long from now). More info here: http://monero.stackexchange.com/questions/943/is-dash-based-on-cryptonote-or-coinjoin |
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I do agree the fat protocol model is applicable at the early stages of the protocol's development and adoption as is the case at this stage with Monero. I am not so sure it is applicable to a more mature coin such as Bitcoin. It's application to Bitcoin may be more an indication of the anticipation of Bitcoin protocol moving away from transactions on the blockchain to transactions on secondary layers such as the Lightning Network. This is fueled to a large degree by the fixed blocksize limit in the Bitcoin protocol. The following quote from the legal agreement of Circle may be indicative of this shift. https://www.circle.com/en/legal/intl-user-agreement You can use your Circle account to buy bitcoin for sale on other registered platforms and exchanges or to sell bitcoin acquired from other registered platforms and exchanges. You cannot use your Circle account to (i) buy bitcoin for sale to individuals through peer-to-peer brokerage services or unregistered exchanges (such as LocalBitcoins, Craigslist, eBay or similar websites), (ii) sell bitcoin that you have acquired directly from individuals through peer-to-peer brokerage services or unregistered exchanges (such as LocalBitcoins, Craigslist, eBay or similar websites), or (iii) buy or sell bitcoin on behalf of anyone else. Such activities might be in violation of applicable law - so we can’t allow it. The difference between the dream and the reality in Bitcoin is becoming more apparent each day. If your "dream" was recording for eternity in the Holy Mother of All Blockchains every Frappuchino, Dorito, and bus ticket purchase, sorry for your loss. LOL Circle. They rage quit just like Mike Hearn, who is/was one of their board advisers. I guess Hearn advised Circle to maximize 1MB vs XT butthurt, get triggered, blame GMAX, and crawl off into a safe space to die bitter and alone. How much code has Circle contributed? Oh that's right, none at all. Circle may moan all they like about what their hapless customers are not allowed to do, but talking about Bitcoin (which is permissionless) did not make them part of it. Why aren't you "sure" Bitcoin is a fat protocol? It's very clear from the definition that it qualifies (Bitcoin market cap > sum of apps built on top), albeit not as much as Monero since we only have minimal apps built on top. Do you have a better explanation that accounts for the observable fact heavily funded bitcoin companies failed to produce the kinds of spectacular results Silicon Valley expects, even as the value of bitcoin itself continues to climb? Speculating about motivations and fretting about EVIL BLOCKSTREAMCORE doesn't count; your personal status as disgruntled isn't an argument that leads to a falsifiable (ie useful) hypothesis. You may believe building out layers >1 will hollow out Bitcoin's value and leave it a gutted shell, but most of us call that process "scaling" and think it will add tremendously to the protocol's usefulness. That's why the price is in a secular bull market and shows no signs of turning bearish. BTW payment channels such as Lightning are not "secondary layers." Sidechains are secondary layers; LN style write caches are more accurately conceived of as Layer 1.5. Regardless of nomenclature and semantics, additional higher layers become part of (ie are not distinct from nor compete with) the Bitcoin protocol, which gets fatter as its utility expands. IOW, the Bitcoin protocol (Layer 1 + extensions) is Bitcoin's killer app. If you could stop fixating on BTC's fixed blocksize limit and dragging it into every topic just so you can get in a bit of axe-grinding, that would be great. You're starting to remind me of Daniel Hopsicker, who does outstanding investigative reporting yet insists on tying everything back the JFK assassination. |
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The market seems to think a step closer to the GUI is positive....
The GUI will bolster XMR up significantly. That is see that is stronger which WILL support the price. Up is more likely, down is less likely.
The lack of it has held XMR up.
Priced in? To a certain extent, yes - but the lack of a GUI has had a negative effect, too.
Only the hype about the GUI may be priced in. What cannot be priced in is actual demand increase/supply decrease due to more people hodling more Monero safe and snug in their own Fluffyboxen. Some of those people may be DNM users and some may be investors. The point is all the various CLI averse folk (aka drooling masses) will have an easy point and click method to take coins off the exchange(s) and conveniently use them for whatever they want. That creates the feedback conditions needed for a price spiral, as increased network effects intensify XMR's status as a Giffen good. There is also the class of potential XMR investors who have eschewed (or limited their) exposure until the core devs prove they can ship their GUI. Apparently "fat protocol" investments are quite au courant, so that class may be much larger than we imagine. http://qz.com/861721/bitcoin-prices-are-at-a-2016-high-despite-silicon-valley-having-soured-on-the-currency/
Fat protocolsBitcoin is an instrument of financial speculation; what value the traders see in it remains open to interpretation. But there are some clues. A new theory is emerging in Silicon Valley, led by prestigious investors like Union Square Ventures, about bitcoin’s worth. It’s what Union Square Ventures’ Joel Monegro calls the “fat protocol”—and it’s driven by the failure of heavily funded bitcoin companies to produce the kinds of spectacular results Silicon Valley expects, even as the value of bitcoin itself continues to climb. Venture capital has usually been rewarded for investing in the application layer of the technology stack. Facebook and Google, for instance, are basically mega-popular applications built on top of the hypertext transfer protocol, the foundation of the web. But cryptocurrencies buck the trend. The underlying protocol keeps growing in value but the companies building applications never get anywhere close to that. All the bitcoin in circulation is worth $12.5 billion (and ethereum is worth over $700 million), for instance, but the biggest bitcoin companies are only valued at several hundred million, Monegro estimates.
The rule of thumb when it comes to fat protocol investing is this: “The market cap of the protocol always grows faster than the combined value of the applications built on top,” as Monegro puts it. The reason: Successful cryptocurrency applications drive up demand for the currency, or more specifically, the tokens that are coded into the currency’s protocol. For instance, when Dread Pirate Roberts dreamed up Silk Road, people embraced the idea of e-commerce for drugs, driving up demand for bitcoin to pay for them. An example that doesn’t involve contraband might be the Bitfinex exchange coming up with a peer-to-peer margin-trading mechanism, which presumably prompted more people to buy bitcoins to trade. Polychain CapitalThe fat protocol rule, and the underlying feedback loop animating it, might explain bitcoin’s current price rise. Union Square Ventures and fellow bitcoin bull Andreessen Horowitz are shifting their bets accordingly. They’re now increasing their exposure to bitcoin itself, if not by buying coins directly, then by taking stakes in companies that do. One such company is Polychain Capital, a new cryptocurency hedge fund. Andreessen Horowitz and Union Square Ventures have pumped $10 million into the firm, and into the fund itself. Polychain founder Olaf Carlson-Wee won’t say much about how his fund invests, except that it’s long-only and the goal is to get into blockchain assets at an early stage. IMO Bitcoin and Monero are the best, fattest protocol tokens easily obtainable by anyone with access to Bitfinex or Shapeshift. |
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To clarify, I think Duterte has some of the worst combinations of personality traits in a leader. He seems intolerant, ignorant, mean and arrogant. He seems like a terrible person to be running a country.
Pretty much all modern research suggest that severe drug problems are a symptom of societal issues.
These people need fucking HELP, not to be shot in a motorcycle driveby by a hitman, accepting money indirectly from the government (yes this really is happening, saw a documentary interviewing hitmen/women that were doing exactly this...)
Duterte sounds like he's on the way to becoming another Pol Pot or Hitler, simply dictating his own narrative with a closed mind, and with little empathy or understanding towards the citizens he's killing.
The combination of moral clarity and moral panic just happens to lead to the conclusion at which Filipinos wanted to arrive: that the best and most Final Solution to their problem of poverty is simply to fuck all the poor people to death. Duterte and his followers lack the humanity and intelligence required to understand why Prohibition fails. I mean just look at him, he's the fucking Missing Link. But they will continue the moral preening, virtue signaling, and state sponsored mass murder until the externalities of that approach overwhelm the Holy Warriors and they begin the long march out of their own asses. Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.
- C. S. Lewis |
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As of today 1 DASH masternode (1000 DASH) can still be traded 1000 XMR. Prediction: After this month, there will never be another chance to exchange 1000 DASH for 1000 XMR. Quote me and laugh all you want. My reasoning is supported by recent GitHub activity of both DASH and XMR. Can't read code? Join the next Monero developer meeting on IRC to hear the latest updates. Here are the logs from the last meeting. One month from now Mr.Fluffypony Chief Steward of Monero will be on vacations. So you think that will help the price? As part of his vacation, Fluffy will be representing Monero at very high profile places/events like Coinbase, Bitcoin Wednesday, NABC, Satoshi Roundtable, etc. That will help the price. One month from now Monero should have RingCT and an Official GUI. That will also help the price. Meanwhile, the ancient BTC fork now called "Dash" grows increasingly obsolete as Bitcoin adds new features like RBF, segwit, Lightning, Rootstock, sidechains, MAST, etc. The 18 month trend of Dash's market cap leaking into Monero's will continue and may even accelerate. |
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I know learning is hard, but perhaps Duterte could avoid making the same mistakes as Mexico's failed militarization of their Drug War. https://www.yahoo.com/news/mexico-quietly-marks-10-years-drug-war-032657648.html
Ten years after Mexican troops were unleashed against drug cartels, the country will mark the anniversary without fanfare on Sunday, with murders rising again and the military eager to return to barracks.
Even Defense Minister Salvador Cienfuegos agrees that troops do not belong in a law enforcement role.
"We didn't ask to be here. We don't like it. We didn't study how to chase criminals," Cienfuegos said on Thursday.
He said he would be the first to raise "not one, but two hands" in favor of returning troops to barracks.
Javier Oliva, a Mexican security expert at the London School of Economics, said "there is no strategy" and the troops are always one step behind.
"The stories are terrible. We no longer know where the state starts and crime ends," said Javier Sicilia, a poet-turned-activist who founded the Movement for Peace and Justice after his son was murdered in 2011.
Sicilia, who led peace caravans across Mexico and the United States, has lost faith in the government.
"We want them to step aside," he said. "There's nothing to ask to the state. It must be changed, refounded," he said. |
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OK, that's enough Dash spam for a while. You claim " Dash Force is about respectful discussion" but all I see is you reposting the same hashtag farming spamvertisements over and over. Thanks for demonstrating why it's a terrible idea to pay for even more of that kind of thing to be spammed at the internets. |
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