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1881  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: February 25, 2016, 11:40:58 AM


 Man, you are simply the worse type of troll ever. It's like you don't even try and only care about post count.
 Yes, X11 was indeed created to be ASIC resistant.

 ASIC resistant does NOT = ASIC free, incompatible, or impossible.

 Resistant;

offering resistance to something or someone.
"some of the old churches are resistant to change"

 When there is enough incentive, money and will, anything is possible.

Correct. Not ASIC resistant forever, no algo is. Thanks for the clarification.

The problem is that ASIC leads to a lot of concentration. ASIC producers naturally also mine a lot of coins so their influence expands from a mining level to the masternodes. If we switch the mining algo people will realize that an investment in ASIC is not worth it and DASH will remain decentralized. The algo can also be switched every year or so to make it very clear that we want DASH to remain decentralized on all levels.

It is very likely that ASIC companies already pay some people to support ASIC and to claim that it is a good thing. ASIC will transfer power from the community to manufacturers and lead to centralization.




Not really in my opinion, resistant means that once ASICs are out they won't have a large advantage over the GPU/CPU miners and the latter group can still compete with them. It remains to be seen if that is possible and how large the advantage of ASICs will be.
1882  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: February 25, 2016, 11:38:08 AM
Latest attendance list for the round table.  For fun, pick one of the faces behind the troll campaigns that we encounter on this forum  Shocked

Confirmed 2016 Participants include (in alphabetical order):

[...]
Riccardo Spagni, Monero
[...]

Brought to you and paid for by Gambling Losses™



It's a legit legal site isn't it?

Well it is not like I have accused Riccardo of being a XMR mining botnet master or anything  Wink

cough, cough, errrm


Perhaps you guys should've read the FAQ, which states:

Quote
The house edge on MoneroDice is 1%. In other words, over time and across thousands of bets the MoneroDice operators will earn 1%. For some users this has a minimal effect, for some it has an effect that is a little larger. This cut helps us fund expensive costs, such as the server, the website itself, and so on. Once our costs are covered, all profits go to Monero core development.
1883  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: February 25, 2016, 11:20:31 AM
XMR is the best anon currently available! Buying a ton of it a little birdy told me she's pumping next month. Think it'll get to 1000 BTC per XMR.


Apparently you are setting boundaries to the upside. Please bear in the mind the community is not selling in the need of money but helping the people outside of M8nero community to get at least a tiny share of the digital gold.

If XMR hit USD 400000 each I can assure you I will be a seller.

Think of all the coins that would be lost forever when their owners overdose on coke. Self-reinforcing scarcity.


Or those who lost them in a boat accident! Which could coincide with coke & hookers.



because the webwallet can be monitored (probably) by the hosts and therefore frozen in case of emergency like some kind of governement interference.

MyMonero coins can't be frozen because if MyMonero refuses to let you use them (or shuts down), you can import your private keys (via the seed) to another wallet.

Coins that are deposited on a centralized exchange can be frozen.


Any chance to have this functionality in the GUI?  It would make things ultra easy.

There is some issue with merging the MyMonero seed import code that I don't understand, but code exists on github, available to be used in an emergency.

However, a readily available workaround is to create a wallet with simplewallet first, then use the same seed on MyMonero. At that point you have a wallet that can directly accessed with both methods (MyMonero for convenience, simplewallet or another wallet if necessary). I'm sure this method will work with the GUI as well.

I think the offline paper wallet generator (URL?) can also be used to create a fully portable wallet.


URL here:

https://moneroaddress.org/

Which is simply a port of:

https://github.com/moneromooo-monero/monero-wallet-generator

Finally, the seed is compatible with both MyMonero and simplewallet.



Speculation wise, we double topped at the local high of ~210k. Therefore, a retrace was expected and happened (someone dumped 30k). It is likely though that we make another run for it, because it isn't such a strong resistance point. Furthermore, I think the wall guy splitted up his 100k and put them in the asks at various places for now.
1884  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: February 25, 2016, 02:02:40 AM
FWIW the wall is back and is at 185.

Pushing out the last few weak hands before a violent break out upwards? Furthermore, selling volume is also declining which tells me the bears are running out of steam.

Hey - I hate to say it, but volume has declined on both sides.  It's about a third of what it was just a few days back.  And you can't say that of the two other coins ahead of us on Polo, sadly.   I hope we do break upwards, of course - but The t/o of ETH is so strong that it's plain there is no lack of funds in Polo just now.   I was expecting a rise up as BTC fell back - it seems it isn't happening just yet.

Am hodling a fair stash and in for the long term, still buying dips - but even nudging just under 0.002 would feel a hell of a lot better right now.

That's pretty normal for a retrace going into a consolidation. It also means buyers might have to move up their bids or marketbuy, because the sellers are getting exhausted. In other words, the amount of coins up for grabbing by simply putting bids is getting more scarce. Furthermore, I am kind of certain that volume will increase once we move upwards, because Poloniex traders will simply jump on it and "ride the wave".

With respect to TA:

-4h MACD is flipping into green.
-The short term downtrend line / triangle lies around ~180k (the upper line), so that might be closing soon.

Furthermore, there is still strong support in the 165k-170k, because (i) it has been tested multiple times on high volume and (ii) it's approximately the 61.8% retracement level from the surge of 120k to 246k.

EDIT: Some visualization:



Your optimism looks well-founded today.

XMR volume and price up, while ETH and DASH slipping.  

Nice.

Seems like I might the right call here.

Next resistances are ~210k and the 235k-246k zone. 12h MACD probably needs one more green candle to flip to green.
1885  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: February 25, 2016, 01:04:16 AM
because the webwallet can be monitored (probably) by the hosts and therefore frozen in case of emergency like some kind of governement interference.

MyMonero coins can't be frozen because if MyMonero refuses to let you use them (or shuts down), you can import your private keys (via the seed) to another wallet.

Coins that are deposited on a centralized exchange can be frozen.


Any chance to have this functionality in the GUI?  It would make things ultra easy.

You could make an "idea" thread on the getmonero forum. The "idea" could be to finalize the MyMonero conversion code and one of the contributors could pick it up.
1886  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: February 24, 2016, 11:45:03 PM
It's starting to look very good for the bulls guys, strap on your seatbelts, we're in for a wild ride!

Hopefully. Btw, someone took out a ~6.5k short and subsequently placed it in the asks in front of 190k.
1887  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: February 24, 2016, 10:14:21 PM
The 6h MACD is also flipping to green and the 12H might follow soon. Furthermore, the ask side looks rather flat. We might be gearing up for another try at that 235k-246k resistance zone.
1888  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: February 24, 2016, 08:10:31 PM

Have you even read my comment? Those binaries are made by Hyc, who is the author of LMDB, which Monero uses -> https://en.wikipedia.org/wiki/Lightning_Memory-Mapped_Database.

If you don't trust him you shouldn't use Monero at all, because LMDB is a large part of the Monero code. If I recall correctly, there will be official binaries soon once the remaining bugs are squashed.
Calm down.
Understand you and i'm reading this right now. Looking good i will try it.

This can be very confusing for newbies.. Do i need to know, as investor, who is developer? No..I see potential for making money. Especially i don't need to believe everyone here, proven.
Thanks
See you around Wink

Besides bittrex you can store your Monero on MyMonero.com
This web wallet is run by fluffypony so no worries
Thanks.
I will found out more about this.


I apologize if my comment was perceived as snarky or condescending, because it wasn't meant like that.

EDIT: Also, all actions at MyMonero are performed client-side, therefore MyMonero cannot spend your funds.
1889  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: February 24, 2016, 07:13:39 PM
For God's sake why don't you add it to main page, this is not what i'm asking, this can be infected or something.
This is not first case of such scams, so i don't believe anything except OP.
But thanks anyway.

Have you even read my comment? Those binaries are made by Hyc, who is the author of LMDB, which Monero uses -> https://en.wikipedia.org/wiki/Lightning_Memory-Mapped_Database.

If you don't trust him you shouldn't use Monero at all, because LMDB is a large part of the Monero code. If I recall correctly, there will be official binaries soon once the remaining bugs are squashed.
1890  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AEON 2nd gen cryptonote, anon, mobile-friendly, scalable, pruning on: February 24, 2016, 07:02:54 PM
Big thanks to amoebatron and freenode!

Quote
After discussions, Freenode has kindly granted ownership of IRC channel #aeon to the Aeon project. Smiley

In a situation that mirrored the recent Reddit transfer, the #aeon channel was technically already registered to another party, but in effect had been dormant for over 10 years.

Big thanks to Freenode (particularly tinyhippo) who facilitated the transfer.

Please now point your IRC clients toward #aeon and gradually remove #aeoncoin from your collective conciousness.

(For the record, we never actually controlled #aeoncoin either, so it's great that we now have an official IRC base.)

http://webchat.freenode.net/?channels=%23aeon

https://www.reddit.com/r/Aeon/comments/47d3hb/big_thanks_to_freenode_aeon_is_now_aeons/
1891  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [AEON] Aeon Speculation on: February 24, 2016, 07:02:39 PM
Big thanks to amoebatron and freenode!

Quote
After discussions, Freenode has kindly granted ownership of IRC channel #aeon to the Aeon project. Smiley

In a situation that mirrored the recent Reddit transfer, the #aeon channel was technically already registered to another party, but in effect had been dormant for over 10 years.

Big thanks to Freenode (particularly tinyhippo) who facilitated the transfer.

Please now point your IRC clients toward #aeon and gradually remove #aeoncoin from your collective conciousness.

(For the record, we never actually controlled #aeoncoin either, so it's great that we now have an official IRC base.)

http://webchat.freenode.net/?channels=%23aeon

https://www.reddit.com/r/Aeon/comments/47d3hb/big_thanks_to_freenode_aeon_is_now_aeons/
1892  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: February 24, 2016, 06:45:47 PM
How come Monero still don't have wallet for windows 32 bit?
(I see you have for version 64 bit).
For example i have windows 7 32 bit and all i can do is to store my Moneros on Bittrex,
Also i have phone and same story. I wont install 64 version especially for Monero. Many think like me.
This is very strong community and good development, try to fix this.
Thanks!

p.s.
Sorry i didn't read one thousand pages to find answers for myself, i don't have much time.
 Don't get me wrong.

https://www.reddit.com/r/Monero/comments/433w2u/new_32bit_binaries_for_v091/

Those should work.

Even though they are unofficial, hyc is trustworthy.

Quote
FYI people, hyc is the author of LMDB, which Monero uses -> https://en.wikipedia.org/wiki/Lightning_Memory-Mapped_Database
1893  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: February 24, 2016, 06:15:45 PM
https://twitter.com/flibbr/status/702537558836781056

He is followed by a lot of people/traders if I recall correctly.
1894  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: February 24, 2016, 12:55:22 AM
In two years poof no more block reward

Incorrect.



You must be one of the three retards Smiley reward in Aug. 2018 1xmr..
You retards thought getting rid of the block reward fast is going to get you rich ? Smiley Nope, this shitcoin wont live to see 2018 Smiley

Incorrect.

In Aug. 2018 reward per minute will be ~2 XMR.

Also, know your history.

Relevant post from reddit:

Quote
This Doc shows Monero's emission rate from inception to Mid 2025.

We have a lot of new Monero Mustangs so this should be useful.

https://docs.google.com/spreadsheets/d/1qXi7zUSIh7F6UuSuhOryyFbHEy_LJuym3I3neAga_2s/edit?pli=1#gid=239466694

We are at about 7 XMR per block with a 1 minute block time. I think this year we are in an important crossover point for emission to be exceedingly easy for the market to absorb.

It should be noted that after 18M XMR we go into tail emission indefinitely, which is 0.3 XMR per minute.

The doc also shows a comparison to Bitcoin.

Links:

https://www.reddit.com/r/Monero/comments/46hi6p/monero_emission_rate/

https://docs.google.com/spreadsheets/d/1qXi7zUSIh7F6UuSuhOryyFbHEy_LJuym3I3neAga_2s/edit?pli=1#gid=239466694

EDIT: Credits to luigi1111 of course for making it.
1895  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: February 24, 2016, 12:05:47 AM
FWIW the wall is back and is at 185.

Pushing out the last few weak hands before a violent break out upwards? Furthermore, selling volume is also declining which tells me the bears are running out of steam.

Hey - I hate to say it, but volume has declined on both sides.  It's about a third of what it was just a few days back.  And you can't say that of the two other coins ahead of us on Polo, sadly.   I hope we do break upwards, of course - but The t/o of ETH is so strong that it's plain there is no lack of funds in Polo just now.   I was expecting a rise up as BTC fell back - it seems it isn't happening just yet.

Am hodling a fair stash and in for the long term, still buying dips - but even nudging just under 0.002 would feel a hell of a lot better right now.

That's pretty normal for a retrace going into a consolidation. It also means buyers might have to move up their bids or marketbuy, because the sellers are getting exhausted. In other words, the amount of coins up for grabbing by simply putting bids is getting more scarce. Furthermore, I am kind of certain that volume will increase once we move upwards, because Poloniex traders will simply jump on it and "ride the wave".

With respect to TA:

-4h MACD is flipping into green.
-The short term downtrend line / triangle lies around ~180k (the upper line), so that might be closing soon.

Furthermore, there is still strong support in the 165k-170k, because (i) it has been tested multiple times on high volume and (ii) it's approximately the 61.8% retracement level from the surge of 120k to 246k.

EDIT: Some visualization:

1896  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: February 23, 2016, 10:11:21 PM
FWIW the wall is back and is at 185.

Pushing out the last few weak hands before a violent break out upwards? Furthermore, selling volume is also declining which tells me the bears are running out of steam.
1897  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: February 23, 2016, 04:04:03 PM


He might have been posting under another nickname, see:

https://bitcointalk.org/index.php?action=profile;u=135549

 True, he may. He could also be Satoshi for all we know.

 See, there is a difference between empirical evidence and here-say. Why on earth are you bringing this up if you yourself are mirroring said behaviour here? Quite a paradox.

I gues you missed the "trollish behavior" part. Check my post history here in this thread, none of them are trollish. You are just making things up now.
1898  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: February 23, 2016, 03:51:04 PM
https://news.bitcoin.com/meet-top-3-coins-cryptocurrency-anonymity-race/

TL:DR Dash, Monero, Zcash
1899  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: February 23, 2016, 03:50:55 PM
https://news.bitcoin.com/meet-top-3-coins-cryptocurrency-anonymity-race/

TL:DR Dash, Monero, Zcash
1900  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: February 23, 2016, 03:50:39 PM
https://news.bitcoin.com/meet-top-3-coins-cryptocurrency-anonymity-race/

TL:DR Dash, Monero, Zcash
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