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1401
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: April 22, 2016, 12:24:51 AM
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...
Thanks for the support, but the GFW is a great lie. The ASICS only need a hash of the transactions, not all the transactions. The mining pool server can be located outside of China.
That will show you that the ASIC miners in China are greatlousy liars.
I am not so sure. They still have to get the hash of the transactions across the GFWC and the results then back to the server. The issue here is latency not bandwidth. If mining is centralized in China doesn't that actually transfer the latency issue to non-Chinese miners? Resulting in possible more centralization. I recall reading such a thing. Right. It is the minority that suffers from delayed block announcements, i.e. this is selfish mining. Unless Chinese miners have a high latency between themselves within China? Also I read the GFW was bandwidth limited. It is also latency limited and by how much? The Bitcoin block period is quite large so 100ms increase is probably fairly insignificant in the Poisson distribution. Even if they have high latency between themselves, I think the latency of US <-> China is higher than within China. To make a gaming comparison, even if I have, for instance, a fiber connection as EU or Chinese player and an US player has an ADSL connection, playing on an US server will result in the US player having lower latency (i.e. ping in gaming). |
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1402
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: April 22, 2016, 12:13:23 AM
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...
Thanks for the support, but the GFW is a great lie. The ASICS only need a hash of the transactions, not all the transactions. The mining pool server can be located outside of China.
That will show you that the ASIC miners in China are greatlousy liars.
I am not so sure. They still have to get the hash of the transactions across the GFWC and the results then back to the server. The issue here is latency not bandwidth. If mining is centralized in China doesn't that actually transfer the latency issue to non-Chinese miners? Resulting in possible more centralization. I recall reading such a thing. |
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1403
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
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on: April 21, 2016, 10:24:13 PM
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Oh f*k. Prince died.
RIP
Yah, he did so many drugs in the 80's, it really shortened his life. My husband is getting depressed with all these people in our generation dying but lets face it, if we abuse our bodies with drugs, that's what happens  And our generation (the tail end of the babyboomers) really abused drugs badly. Like my mom always says, Everything in moderation! Please take heed my young ones  But I ditto that sentiment, Rest in peace dear brilliant man. Come on - Prince was NOT a big drug user - ugh No, not in recent years, but when he was younger, yes, unfortunately. And each person's body can take different amounts of abuse. There are 104 year old people who have smoked all their lives, and others who die of smoking related illnesses at 45. I actually didn't mean to besmirch Prince, I'm just sad. And I hope the younger generation (which includes my kids) will take a little better care, be a little less over the top That's all. ::hugs:: P.S. I'm mostly talking of cocaine, which really f*cks up your nose and lungs and smoking, which hardens your arteries and can cause cancer, etc... And I'm just being a mommy again, so sorry! Besides, this will be deleted as off topic soon anyway  This is a pretty erroneous statement too for what it's worth. |
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1404
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
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on: April 21, 2016, 10:10:28 PM
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Oh f*k. Prince died.
RIP
Yah, he did so many drugs in the 80's, it really shortened his life. My husband is getting depressed with all these people in our generation dying but lets face it, if we abuse our bodies with drugs, that's what happens And our generation (the tail end of the babyboomers) really abused drugs badly. Like my mom always says, Everything in moderation! Please take heed my young ones But I ditto that sentiment, Rest in peace dear brilliant man. Drugs generally don't shorten your life. Taking bad care of yourself does. And druggies often do, but rich druggies generally take much better care of themselves then poor ones do. Having a roof over your head and people around you that still care (even if it's only because you're rich) helps a lot. Please educate yourself before stating such blanket statements. It is the false narrative about drugs in the US that makes it so hard to get proper information through to the kids. If the government lies about say the risks of marihuana why should they believe the tings they say about meth? Truth is important! Sorry to go offtopic, won't happen again. That's just as much a blanket statement as the original. Some drugs may not be that bad, but some are most assuredly poisons (meth anyone?). Poisons have a strong tendency to shorten one's life expectancy. Meth is used as a (legal) prescription drug for ADHD as well. https://www.accessdata.fda.gov/drugsatfda_docs/label/2013/005378s028lbl.pdf |
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1405
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: April 21, 2016, 09:05:33 AM
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It's way easier to introduce such a scheme into Bitcoin than Monero, simply because you can differentiate between certain coins/transactions in Bitcoin (i.e. taint). Sure they could ban Monero as a whole, but that wouldn't break the fungibility of the coin. Furthermore, since Monero is (i) decentralized and (ii) fairly launched the chances are pretty negligible. |
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1406
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: April 20, 2016, 10:45:17 PM
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Is it really risky to loan XMR (or other cryptocurrencies) ? how likely is it that someone won't pay you back?
If you have no collateral and you are giving out a personal loan it is very likely not to get your money back. However, if you have collateral you significiantly lower the risk of default. Yes you might have some risk (like the collateral is not good enough in case of forced liquidation) or the service operator will go to bankcrupt (like Gox did with btc). How does it work with the collateral in Poloniex ? is it possible to have one but get a lower interest rate (I don't have account there and lending would be the only reason)? thanks for the help. Thank you for that. I had a look and I am now checking the loan markets, which has hardly demand for all the coins present. Is this normal or I checked at the wrong time? Various enormously depending on market conditions. Isn't he implying here that Poloniex only offers margin trading for a few coins (i.e. not all coins listed)? |
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1408
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: April 20, 2016, 02:20:01 PM
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I love when the plan comes together [...] neutral to bulliesque sentiment. I can see it toping at around 27k to test back 20k after for a very short span
So far so good. Not so sure now if 27k is the top or we can enter 28-30k territory. Whatever a retest to 23k or lower seems quite plausible before resume the minirally Impressed for the fast recovery, even with the BTC wanting to rally in parallel. Still thinking in another 23k retest and recover to 26 as baseline Congratulations on the call. Though it is worth mentioning that the drop was, alas, (again) done by one single entity. |
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1410
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: April 18, 2016, 08:48:34 PM
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...
Well over the last period it has actually been ramping up to that 0.5 level again, so that means converging.
Yes but every time it got there as it is now it diverged. Do you have a link to that chart? Fair point, but that won't say anything about the future really :-P No I merely made a picture of it, perhaps I could upload the numbers/calculations later. |
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1411
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: April 18, 2016, 08:40:58 PM
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Figured some people might be interested in this:  Y-axis is correlation, X-axis is the days. That is, day 1 is the first day that both ETH and XMR were trading on Poloniex. The chart uses a 30 day correlation rolling window. Correlation for dummies -> http://www.investopedia.com/terms/c/correlation.aspFor what it's worth, the correlation over the whole trading history is ~0.15. If I'm reading that right it's as I was thinking that they are about to diverge. Well over the last period it has actually been ramping up to that 0.5 level again, so that means converging. |
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1413
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Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: [ANN] CoinGecko.com - 360 Degree Cryptocurrency Valuation and Ranking
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on: April 18, 2016, 05:24:04 PM
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I've got a question about one of your measuring factors, namely liquidity. The measure itself states that this is: Total 24 Hour Trading Volume in BTC If this is used as measure it is pretty much useless in my opinion. Would it be possible to change this to, for instance, the ratio of "Total 24 Hour Trading Volume in BTC" to "Market Capatilization"? This ratio is mostly used in "official" liquidity measurements as well. P.S. Thanks for all your hard work, I really like the site and appreciate that you are doing it. |
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1414
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: April 18, 2016, 05:07:32 PM
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I wouldn't say, ALL the benefits. They are just different. Fungibility is better, but spendability is much less. Can I haz a mobile wallet please? (actually , please link me to the latest Android wallet build, I forget who made one recently, I need to test it.)
See: & You should probably point out the difference between them too...
/u/vertp's wallet is like MyMonero, using a third party service to get block info, but keeping keys on your phone and off the server.
/u/NobleSir's is a front end to a self-hosted service, requiring you to run your own node + server from his github.
There's also a third option... Use MyMonero from the browser on your smart phone.
https://www.reddit.com/r/Monero/comments/4f30we/best_way_to_use_monero_on_a_smartphone_android/the first and second is such a hassle to run mobile wallet, the third is a webwallet isnt ? it means it also 3rd party  perhaps you should ask Dash community how to properly do mobile wallet. they even do instant transaction with it  MyMonero doesn't store your (private) spendkey, but I guess it depends on how you qualify 3rd party. |
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1415
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: April 18, 2016, 04:09:20 PM
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I wouldn't say, ALL the benefits. They are just different. Fungibility is better, but spendability is much less. Can I haz a mobile wallet please? (actually , please link me to the latest Android wallet build, I forget who made one recently, I need to test it.)
See: & You should probably point out the difference between them too...
/u/vertp's wallet is like MyMonero, using a third party service to get block info, but keeping keys on your phone and off the server.
/u/NobleSir's is a front end to a self-hosted service, requiring you to run your own node + server from his github.
There's also a third option... Use MyMonero from the browser on your smart phone.
https://www.reddit.com/r/Monero/comments/4f30we/best_way_to_use_monero_on_a_smartphone_android/ |
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1416
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: April 18, 2016, 02:22:30 PM
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I hope you are able to get your buy done at a nice low price. Would be a shame for all that FUDding to go to waste!
I don't believe fudding by noobs has any effect on the price. I don't even believe fudding by myself would have. Unfortunately you are wrong. Once some noobs start farting the price starts to drop and it might drop quite fast as we saw some time ago in this thread when it fell back to low 0.002. The price is too much dependent on the sentiment of some traders who love to dump the coin at any point they see it is possible to kill the bullish trendline. EDIT :: oh dear did you hear... psss... bts implement anonimity... 2015 wants its news back. |
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1417
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: April 18, 2016, 10:12:41 AM
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Compared to the other coins in the top 15 (excluding ETH, LTC, BTC for a moment) XMR has got the best liquidity as far as I can see.
How are you calculating liquidity? Is there an easy way to see a comparison of historical measures of liquidity for the "top" cryptocurrencies (including the ones you excluded above)? Turnover (i.e. volume / marketcap) and buy/ask side compared to market cap / coins outstanding. |
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1420
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: April 17, 2016, 06:29:11 PM
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So you trying to tell me that this is good time for investing again. I'm thinking about this to be honest, but i will wait another deep at 200k. This could be floor i believe this won't go under, too many supporters!
Don't take investment advice from random people on the internet. I'd advise to thorougly research everything yourself first, including optimal buy zones. |
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