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441  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: July 19, 2014, 08:21:56 AM
what you guys think about Storj, especially compared to MaidSafe?
http://storj.io/
Looks much more legit than the Maidsafe scam.
Please explain what you call the Maidsafe scam. I'm not familiar with it.

IPO while not product. Still nothing. Just promises.
The IPO was used to pump & dump Mastercoin.
Most investors lost money.

you are too hostile to Maidsafe. it is not a scam! https://maidsafe.org/
and the price of Maidsafe is more than 5000satios, higher than the IPO price.

I have to admit that I like the general of maidsafe as well as of storj - it just does not make sense to use a new currency, like (maid)safecoin or whatever storj is using. It would be much better if they would use bitcoin. I see their reasoning for fundraising to generate a new currency, but after that it just does not make sense
442  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 18, 2014, 03:48:39 PM
At the moment, bandwidth and ram issues are of the highest priority.

can someone give an eli5/eli10 update on the progress of this issue.
I am from the non-technical/economics perspective, but for me this is of a high priority regarding investment decisions, I am not in a hurry, so if this needs time it is no problem at all.

anyone? developers?
443  Alternate cryptocurrencies / Altcoin Discussion / Re: jl777hodl : the first NXT asset to be traded on Poloniex! on: July 18, 2014, 01:57:25 PM
it is an IOU of his portfolio of NXTbasedassets?

like the idea - in the not so far away future one is probably to participate on the best investors in the market - it should also be possible with holdings that are not related to nxt
444  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 18, 2014, 01:41:35 PM
At the moment, bandwidth and ram issues are of the highest priority.

can someone give an eli5/eli10 update on the progress of this issue.
I am from the non-technical/economics perspective, but for me this is of a high priority regarding investment decisions, I am not in a hurry, so if this needs time it is no problem at all.
445  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 17, 2014, 01:35:45 PM
Considerations concerning the ongoing XMR rally in Poloniex


I doubt that we see prices north from 0.01 in this rally, that said I guess we never see <0,0025 again.

regarding your early long term prognosis, I see certain circumstances under which we see >0,02 in the end of the year. the probability of seeing them is higher than 50%
446  Alternate cryptocurrencies / Altcoin Discussion / Re: --* Monero Community Hall of Fame *-- on: July 16, 2014, 08:23:58 PM
"indirectly" donated 10 yesterday Smiley - does this count?  Grin
447  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: July 16, 2014, 10:18:56 AM
guys do you think we can have a serious discussion for ripples? - I do not own them but I am considering to buy some.

from my perspective there are BIG cons but also BIG pros regarding ripple. I understand that it is hated in the cryptoscene.
448  Alternate cryptocurrencies / Altcoin Discussion / Re: Done something useful for the monero community? Petition for compensation here. on: July 14, 2014, 10:34:03 PM
can this also be done in the past - I am not entirely sure if I want to make it a) public and b) if someone else did the same - I think we all profited by that quite massively Smiley
449  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: July 11, 2014, 01:53:07 PM
regarding xmr - did someone expect that low prices? - I assumed that we find after ATH a new equilibria around 0.005 or at least 0.004
450  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: July 11, 2014, 12:19:55 PM
rpietila shitcoin observer.
Have a look at maidsafecoin, they offer something truly unique.  

I don't want to judge about their development skills (thought they were before completely unknown), but their selling methods are kinda scammy [1] [2]


To call it a scam is wrong.

David Irvines respons:
http://metaquestions.me/2014/05/01/surviving-a-crowd-sale/

Mastercoin retrospective:
https://docs.google.com/document/d/1Oo8bYKRarkG7S0YUJgP_-8Izkks9EZ1j_0bQ8dz6ahM/edit

Though right now it doesn't matter really. Crowd sale is over longtime ago.

maybe it is legitimate to ask why they need a currency different from bitcoin?
451  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: July 10, 2014, 09:21:29 AM
I do not want to join bagholders war but you guys are aware that enough anonymity is quite a funny idea - something is anonymous or it is not. the rest is easily achievable with bitcoin.
452  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 09, 2014, 11:06:08 AM
My advice: if you're not ok with an anonymous coin being two to three times larger than bitcoin then please dump all your coins, because it's unlikely Monero will ever be 1:1 size wise compared to Bitcoin.

Even darkcoin routing through multiple nodes in RC4 will have the same bloat issues.

Anonymous will always cost more. Always.

It seems a lot of you don't know what you've got yourselves into. I think you're looking for a coin that is anonymous and is as small as Bitcoin. If so, the exit is simple; Please dump every last Monero you own, right now.

one thing maybe to add - I think we can assume that storage does not matter in the foreseeable future - hardware as well as projects like maidsafe/storj will solve that problem.
453  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: July 08, 2014, 12:40:41 PM
this is quite a valueable post - I think what all the guys fearing the actual competition (drk, xc, vrc) need to understand is that this topic is extremely sensitive. besides distribution the competition is oftentimes half-baked, or even closed source regarding anonymisation (!)

guys seriously, who the heck will trust something like that with his most sensitive issue, his privacy?

Hm, I thought it's common knowledge that the majority of "Joes" don't care about their privacy.

the expected future users of this particular field will - it think this is almost certain.

look who, besides speculators, is investing in bitcoin - mostly libertarians. I think we can almost safely assume that libertarians mostly have a great interest in privacy - an educated guess might also be that bitcoin will not offer privacy in the foreseeable future - probably never. it is by definition a transparent ledger.

the gap for privacy will be closed by a ledger which offers the most reliable privacy
454  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: July 08, 2014, 11:04:10 AM
IMO, the whole "privacy" coin is premature. Its like one of the "Mac doesn't have virus" or "this a new algo which is GPU resistant" type of thing. Once the coin goes mainstream and toe to toe with bitcoin; it will be scrutinised in greater detail. For the most part, many of them will be found to be short on their "privacy" promises.

Anything that can't be traced will likely never be accepted as a legitimate way to pay for things in the main stream market.

It has a market base but it isn't within the main stream. It is called the Black market.

this is quite a valueable post - I think what all the guys fearing the actual competition (drk, xc, vrc) need to understand is that this topic is extremely sensitive. besides distribution the competition is oftentimes half-baked, or even closed source regarding anonymisation (!)

guys seriously, who the heck will trust something like that with his most sensitive issue, his privacy?
455  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BBR] Boolberry [ANONYMOUS | CRYPTONOTE | ADDR ALIASES | NO IPO/PREMINE] on: July 08, 2014, 10:55:11 AM

Well its not bad on the development front,however market support is near Zero....

This is really bad for the coin.

Why should they market a coin that is still heavy on development?
Its one of the biggest mistakes why crypto's fail these days, heavy marketing followed by a p&d on unfinished projects..

PS. the pNXT thing is interesting but i dont see the added value for BBR? Sound a bit parasite to me..

Noone said to heavily market it.

BUT

trading volume near Zero is not the best of things... for any coin.

Shows lack of interest...

this is an absurdity of the altcoin markets - this is at least the second most interesting coin regarding anonymity, with monero and they for some reason suffer. I am really curious if the best technology owns the market - I say it is still very likely
456  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: July 06, 2014, 09:18:41 AM
.

thanks for clarification
457  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: July 06, 2014, 08:45:37 AM
If you do it faster, your inflation in the beginning is high and later it is slow, or the other way round.


Yes, that's what I meant - in the beginning, as everybody complains about short-term effects on the price of XMR. Long term most sensible CN (excluding Bytecoin and Duckcoin) coins will have the same total supply in circulation, but at the beginning it's different, hence it takes more buying orders to absorb the initially sold supply of XMR.

for some reasons it does not matter at all does it? - the emmission curve of bbr is slower and it is, as well as xmr, a very good project, but its market cap is less than one forth of moneros. maybe it is only important to define in which way and at what speed a coin is produced and the market participants are pricing this in.

coming from the economics perspective and understanding too little of mining - can someone explain the mining mess around xmr?
458  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: July 03, 2014, 09:46:33 AM
Is this a potential threat to moneros technological advantage:

https://bitcointalk.org/index.php?topic=673203.0

why? - they are offering a toolkit for creating new cryptonotes, why should that be a threat? I think even mid and longterm this is good for monero.
459  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BBR] Boolberry [ANONYMOUS | CRYPTONOTE | ADDR ALIASES | NO IPO/PREMINE] on: July 02, 2014, 09:17:52 PM
interesting list -- these were visitors to what site?

interesting visitors to my boolbd

boolbd. boolberry daemon.  Cheesy


you are trolling aren't you - why should they use bbr in its current status?

only logical explanation I see is a) you trolling, b) workers there have the daemon running (mining?)

460  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency [CPU/GPU(NVIDIA+AMD)] on: July 02, 2014, 07:01:12 PM
why do people still favor Poloniex for trading Monero instead of Mintpal ? It's quite strange, what's wrong with Mintpal ?

http://en.wikipedia.org/wiki/Network_effect

this is why passing bytecoin will be so hugely bullish. i dont really care how far the price of monero falls in the short term, what want to see if monero as #1 cryptonote platform

you only need to look at the volume to see which one is bigger - byte is born dead, which is also little sad for the case that they truly implemented cryptonote in the beginning of 2012 - I doubt that.
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