Meh, it's just BullBear copypasta. Wake me up when they actually join the rest of the Bitcoin and Fintech universe by writing their own ZOMG Monero is A Thing Now article. That should happen shortly after Anton Pumpanddumpolis gets over his anti-Monero butthurt.
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More DashHoles quoted for hilarity. Monero is insecure as fuck and has to permanently attack Dash because of that as it lacks any of the revolutionary and mind-blowing features Dash has pioneered. Monero is a one-trick pony with zero features of their own. Any CryptoNote-clone has the same technology Monero offers while Dash has a self-funding model, instantly confirmed double-spend proof transactions, governance by blockchain, incentivized full nodes and tons of other new features which are being developed right now. The current price explosion in Dash (13 Dollars right now) is well deserved and only the beginning of mass adoption. Something Trollero will forever only dream of. Ironically, "mass adoption" and "price explosion" of Monero began shortly after this post was made. A Trollero dream come true! These "Monero sux0rz! Buy DASH instead Because Marketcap" posts are comedy gold. Dash has a lot more going for it than just anonymity. We have Instantsend, a governance system, a treasury to fund development and expansion etc. If none of those things matter to you then I guess you should switch to a coin with less than half our market cap. [one week later] -> http://coinmarketcap.com Monero +78% $111,000,000 Dash -12% $78,000,000
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I just calculated how much in FIAT I paid using today's XMR prices for set #5 on 6/13 including funding and it's close to $5500 USD. Ugh...getting flashbacks to the times I paid in cheap LTC for what would become $1000/oz silver. Back in those days smoothie was a huuuge troll and we'd frequently tussle over any silly thing. Now we're just boring old men, counting our Monero and collecting coins.
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Monero can handle a lot of transactions, from memory it was estimated to be something like 80%+ of what Visa currently does
80% of what Visa does is very aggressive and optimistic. I won't say it is impossible. Indeed Monero doesn't have "hard limits" and if we are willing to put the nodes in data centers (even many data centers spread around the world), then the transaction rate can be very, very high compared to Bitcoin. Bitcoin could also do this if it put nodes in data centers, but it would also need a social consensus to remove the hard limits and design ways to do that (dynamic block size, etc.). Monero would new fewer design changes or perhaps none at all. The reddit link posted here quotes some numbers that are CPU-only and ignores bandwidth and storage concerns (as stated there). Even cheap consumer-grade storage isn't really a concern though, up to about 100 TPS. Bandwidth will be okay for some people in some markets and a show stopper for others. But it can be done. So, ultimately, what it comes down to is we are limited more by the physical technologies (CPU, bandwidth, and storage; mostly bandwidth) and how that ties in with the desired degree of centralization, and not by hard limits in the coin design itself. Great explanation. Monero is still in the process of developing its basic specifications. IE, we haven't even added RingCT/multisig. Once the fundamentals are in place, then we may begin working on optimization. All of this palaver about unoptimized, pre-RingCT Monero's tps capacity is transitory and, providing tps stay reasonably un-Visa-like, inconsequential.
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Except for the crowdsale, this is a great idea.
Thus, I will fork and relaunch Monero Classic without the crowdsale.
It's called Monero UnlimitedTM.
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Sounds like our old scammer friend TheDashGuy went all in on Steem tokens.
I really hope he doesn't still have those 300 XMR he scammed. Nope, he sold them for Dash, back when Dash were expensive.
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We're closing in on that LTC market cap boys. Let's see how much time it'll take for ETH post-1st Sept.
Not long at all, once FOMO sets in the stampede to the LTC exits begins. There will be a slingshot effect as XMR passes LTC. It already happened once, as XMR hurled past Dash's market cap and is now 50% above it.
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That thread is comedy gold. suck it xmr. you had the chance to get on the train. too late trollero Sounds like our old scammer friend TheDashGuy went all in on Steem tokens. Let's start a Sour Grapes Archive for all the salty, butthurt posts by DashHoles, divided into before and after XMR>DASH market cap. I am not touching XMR due to trolls, wile developers and lack of gui wallet. Also, its backed up by known scammers, not touching anything scammers are involved in. Dont care for darkmarkets, dont care for current market cap, really dont.
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They dumped all the way down to 0.013. Who would do that? And why? They could have sold for a much better price if they didnt do a massive market order dump. Malice and/or incompetence. Malice, in that Dash/Shadowcash trolling is successfully goading Monero haters into acting irrationally. (If your enemy is quick to anger, provoke him.) Incompetence, in that somebody's shorts were/are way underwater and they needed a spectacular drop to get out alive. Funny thing is people still want to short this epic rally. My loans are almost always taken seconds after being offered at competitive rates. 5k BTC buy gets us to 0.03 XMR. See ya'll on the mooon!
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cryptogrophy is not used to obscure information
Except in cryptonote.
Which is Monero.
Which doesn't hold the visionary values of Satoshi Nakamoto.
And is not ultimately trustless because nobody can tell what the heck is going on, so nobody can verify anything.
Man, Ariel, for such a pretty mermaid, you are an ugly nasty piece of work. Can you please go die somewhere finally? You're back on ignore.
That's funny, because Roger "Bitcoin Jesus" Ver (along with the rest of the market) just endorsed Monero due to it fulfilling the supreme vision of Satoshi. "cryptogrophy is not used to obscure information"Quoted for hilarity. cryp·tog·ra·phy (krĭp-tŏg′rə-fē) n. 1. Computers Any of various mathematical techniques for encrypting and decrypting data in order to keep it private when transmitted or stored electronically. 2. The process or skill of communicating in or deciphering secret writings or ciphers. 3. Secret writing. Stop being mean to Ariel. You've got no standing to call anyone else "ugly" (glass houses and all).
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Looking at ongoing pump on polo i want to ask:
Which darkmarkets are actually accepting XMR?
The thing about dark markets is that they're dark, so we only know about a few of the grayish ones. Any of them may use XMR via i2p/onion bridge nodes, courtesy of SIGAINT. Don't worry about how many markets accept XMR, pay attention to how rapidly XMR-only vendors proliferate.
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Thanks BasilPop. I'll be sure to check that out. Hmm, good idea!
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Dash is on life support. Expect their market cap to continue leaking into Monero
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Which darkmarket has started to accept XMR?
All of them, because it's not the markets that matter. Only the vendors matter.
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Cool video! Thanks for that. Put a big grin on my face. Epic breakout is epic. Throwback psytrance is on point (can't place it; .flac plz?).
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Come over to XC coin, we've got a great community with lots of exciting developments in the works!
How does the XC anonymity feature trump the one of XMR? I think I can safely say that XC holds a lot of "promise". I'm just a bit concerned that this is a brand of margarine. Good analogy! XMR is the sweet, creamy butter of anon, made by happy organic cows. XC is Promise margarine, a brand of fake butter. And Cloak is Country Crock, full of nasty hydrogenated stuff. Like all cheap imitations, they're best avoided. Speaking of marketing, who else thinks looking into this might be a good idea (to reach the normal people who find this forum gives them hives)? http://www.deepdotweb.com/advertise-on-deepdotweb/It's probably much less expensive than a Monero booth at TC Disrupt! Never mind, darknet marketing took care of itself. No paid adverts needed, just great, innovative, battle-tested crypto and word-of-mouth. Now we have the budget to send fluffy to TCDisrupt in Sept!
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Wow Monero really seems to have taken off seemingly out of nowhere, I guess it always pays to have good amount of all the major alt coins in case of a price increase like this, its just so hard to predict with no physical entity or government behind it along with very limited news outlets there's really no warning or signals that the price will go up or down except I guess if your good at chart analysis but even then its really a different ball game with alt coins as opposed to equities
There's been a non-stop flow of news for why Monero has been increasing in price for the last week. I mean.. it's been covered on the Nasdaq website. XMR just blew threw long-term resistance at 0.01 like it wasn't even there. That isn't speculation, that's fact. EDIT: All time high, also a fact.
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Enforcement is on! (eta 10m)
That's...not very decentralized. In fact, having one guy be the Enforcement Oracle is 100% pure centralization. That's the definition of Bus Factor = 1. icebreaker.
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It's pretty cool to get off a 45 minute flight, get a cafe mocha on ice with Bailey's at the skyclub, turn on the phone and find your largest asset is worth 16% more than it was when you last checked at the afternoon picnic. I recommend the experience.
Taking a quick break on a working Saturday to check is also smile inducing. I've been grinning all afternoon, can't help it .0093 anyone?0.0093 is being heavily defended. Something might happen if it is breached Bearwhale is drowning in a sea of red ink, up to his ears in expensive, failing shorts. He's already doubled down on his bet against Monero, maybe even a couple of times. Massive dumping is no longer an option for Bearwhale. His last remaining hope is to keep paying lending fees until Monero just magically goes away. What Bearwhale thinks Monero is using: What Monero is actually using:
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