I finished my math excercies and bought almost 8000 XMR more.
I have to admit, I like the "new" you. Way better like this! |
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83k XMR invested in MoneroDice already, the day after launch. I expect a lot more to be invested in the coming weeks. This is very good news for the monero economy. That's all XMR taken off the market and limiting the supply. Not to mention the added use for XMR. Since dooglus launched just-dice v2 with CLAM the CLAM price is up more than 10x. Although it can't exactly compare, my guess is we'll see a rally taking the price out of the 0.002s at least as people are buying monero to invest.
I used to be an investor at just-dice back in the day, but now I am going to gather funds and invest in MoneroDice.
108k now already! Also, I agree with your assertion :-) |
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Over 8000 XMR bought today.
Proof ?  If he had proof, we would already post it here  Of course he`s lying and purchased 0 coins His buys were actually visible on bitcoinwisdom, so I am quite sure he has bought. |
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Very clean site! Invested a part of my XMR in the bankroll, might add more later.
Keep up the good work!
What is the invest or divest bit? Can someone explain please TIA  What is the investment option for?
MoneroDice's bankroll is open for anyone to jump in and become part of the house. It is as simple as depositing and clicking a button. No papers, no phonecalls, just a mouse click. To aid in the aforementioned costs, MoneroDice takes a 10% cut out of investment profits. The rest is instantly split, evenly and proportionally, between investors. So basically you are part of the house, if the house loses you lose as well and thus your bankroll/investment shrinks. Conversely, if the house wins, your bankroll/investment grows. Remember that the house has an 1% house edge, so in the long run it should be beneficial. Bear in mind though, that variance could be a bitch for a long time. |
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Regarding the fat-finger error, I noticed there is a 38k wall somewhere between 0.005 and 0.006, which is obviously put there to avoid this. Visualized:  |
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FYI: A new missive is out: MONDAY MONERO MISSIVES #32 - SEPTEMBER 14TH, 2015 https://getmonero.org/2015/09/14/monero-missive-for-the-week-of-2015-09-14.htmlIn this week's episode we feature a brand new external project: Monero Dice, and interview its founders and operators, Riccardo "fluffypony" Spagni, and rznag. https://monerodice.net/Have fun playing guys! P.S.:
Yea, well, that's pretty much it. So, the earnings that I make from this will go to core development, definitely right now and for the foreseeable future. Obviously if at some stage in the future, core development is self-sustaining, then, I probably won't need to give 100% of my earnings to core development, but since the core team's mostly paying for core development out of our pockets, it really, you know it doesn't make sense for me to withhold any of my Monero Dice earnings.
If anyone doesn't get it: There is a 1% house edge. Off that 1% house edge, 10% will be taken as commission for costs and the remainder will go to the Monero development fund. |
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FYI: A new missive is out: MONDAY MONERO MISSIVES #32 - SEPTEMBER 14TH, 2015 https://getmonero.org/2015/09/14/monero-missive-for-the-week-of-2015-09-14.htmlIn this week's episode we feature a brand new external project: Monero Dice, and interview its founders and operators, Riccardo "fluffypony" Spagni, and rznag. https://monerodice.net/Have fun playing guys! P.S.:
Yea, well, that's pretty much it. So, the earnings that I make from this will go to core development, definitely right now and for the foreseeable future. Obviously if at some stage in the future, core development is self-sustaining, then, I probably won't need to give 100% of my earnings to core development, but since the core team's mostly paying for core development out of our pockets, it really, you know it doesn't make sense for me to withhold any of my Monero Dice earnings.
If anyone doesn't get it: There is a 1% house edge. Off that 1% house edge, 10% will be taken as commission for costs and the remainder will go to the Monero development fund. |
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Quick question: is the 'under the hood'-phase nearing its short term completion (it'll obv be an ongoing process) and does this imply that the GUI is now back in development?
I think dnaelor's post makes a lot of sense, would that be something to be incorporated in the official gui?
[1] GUI will probably be released after libraryzing is done (devs are currently working on it, see design goals -> https://getmonero.org/design-goals/), without libraryzing it makes no sense to "wire up" the GUI. The design is already done, see following link for some sneak peaks -> http://imgur.com/a/ERheR[2] Having spoken to both BinaryFate (xmr.to dev/founder) and Fluffypony about this already a few weeks ago (I came up with the idea a few weeks ago), I can say it should be fairly easy to implement (certainly no biggie). If someone subsequently could come up with an app for the GUI for all platforms, we have our killer app in my opinion. Or at least a significant advantage over other altcoins. |
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Great work guys, we're at 3,429.43/3,600.00 (95.21%). I am a bit intrigued this was nearly raised within one day! Fully funded :-) Great work! In addition: <tewinget> I have other projects in mind that will be far more interesting, but this had to come first imo. |
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... Only 5% left to go now It is funded in a little over a day. This is actually very good. +1, I am intrigued. In addition: <tewinget> I have other projects in mind that will be far more interesting, but this had to come first imo. |
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As long as we don't break that uptrend line at 190k-191k, I am not worried.
Do you get worried if we break it?  Not really, but it would be nice if we could hold that and resume the uptrend :-P Also, I agree with TC this time. |
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Great work guys, we're at 3,429.43/3,600.00 (95.21%). I am a bit intrigued this was nearly raised within one day! Bit of speculation: Asks are down significantly, volume is low though and we seem to be grinding down a bit lower. Bids are still a bid on the lower side. As long as we don't break that uptrend line at 190k-191k, I am not worried. |
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Worth a cross-post:
Snip of great post!
TLDR; These under the hood gear ups are truly making xmr pull far into the lead regarding technical prowess, should definitely be implemented before gui... and are well worth the wait. But it would be silly to expect an enormous influx of average-joe users without the gui, which means less usage and thus less incentive for merchants to spend the time to implement it as payment option.
About the bolded part. I know there is a Monero roadmap. But is there any insight in how many monthly hours are actually jointly spend on Monero development, beside the paid developer hours? The obvious concern is that the vision and skills are there, but people are lacking time to achieve the set goals within a certain reasonable time frame. See: Where can I find status of Monero development? Things like:
1) How many "core" devs are working on it, and who they are (handles, plus real-names/social-media where public)?
2) Roughly how much time per week/month these devs are spending on it.
3) What the dev roadmap is.
4) What the dev roadmap *was*, and were the milestones hit on-target.
^ You know, basic project management stuff. Looking at git commits only gives hints as to most of this.
pa's answer was pretty helpful on 1, 3, and 4. 4 may be a bit unsatisfying (I find it so) but given that we have to work with very unpredictable resources it is difficult to ever have timed milestones. So we never have and can't measure against them. That's just how it is. As far as 2, it isn't formally tracked, but it's a reasonably significant amount of time for a mostly-unfunded open source project when you combine across the core team, the major development contributors, and the research group. I would estimate very roughly 2-3 full time equivalents (varies somewhat unpredictably over time though), and by that I mean just software development and testing, and work on research reports, not the work we put into communications, third party support, etc. Smooth - would you estimate that the bolded part is still roughly accurate? Yes I would say that is roughly accurate. There may be slightly less now, but I'm not positive of that because the effort is a bit more diffuse and some major in-progress work may not be so visible. For example, I really had no idea the amazing scope of Noodle Doodle's benchmarking, debugging, and optimizing effort until his recent commit (though I did know he was working on it). There has been a bunch of work from the MRL on various crypto things including: strengthening anonymization both against combinatorial attacks and better hiding of amounts along the lines of Blockstream's CT, continued analysis of the problem of difficulty retargeting, and upgraded python implementations of more of the crypto. On the C++ coding side we have NoodleDoodle's massive effort of course. MoneroMooo has been contributing more as well, mostly on a various wallet things (and his work will be now be funded for several months via the forum crowdfunding system), and let's not forget luigi1111's great work to define and implement integrated addresses. I know oranjuice is continuing to work on the API upgrade. I don't see commits (possibly I'm looking the wrong place) for it but he is regularly on #monero-dev discussing it. So it is interesting that some people who previously put in a lot more work have been busy with other things and putting in less time recently, but others are now contributing to the development effort, and the overall effort fairly stable (that is also visible in the commit rate over the past 6-9 months, although that is an imperfect measure and doesn't include some things at all, such as most of the MRL work). |
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Snip of great post!
TLDR; These under the hood gear ups are truly making xmr pull far into the lead regarding technical prowess, should definitely be implemented before gui... and are well worth the wait. But it would be silly to expect an enormous influx of average-joe users without the gui, which means less usage and thus less incentive for merchants to spend the time to implement it as payment option.
About the bolded part. I know there is a Monero roadmap. But is there any insight in how many monthly hours are actually jointly spend on Monero development, beside the paid developer hours? The obvious concern is that the vision and skills are there, but people are lacking time to achieve the set goals within a certain reasonable time frame. See: Where can I find status of Monero development? Things like:
1) How many "core" devs are working on it, and who they are (handles, plus real-names/social-media where public)?
2) Roughly how much time per week/month these devs are spending on it.
3) What the dev roadmap is.
4) What the dev roadmap *was*, and were the milestones hit on-target.
^ You know, basic project management stuff. Looking at git commits only gives hints as to most of this.
pa's answer was pretty helpful on 1, 3, and 4. 4 may be a bit unsatisfying (I find it so) but given that we have to work with very unpredictable resources it is difficult to ever have timed milestones. So we never have and can't measure against them. That's just how it is. As far as 2, it isn't formally tracked, but it's a reasonably significant amount of time for a mostly-unfunded open source project when you combine across the core team, the major development contributors, and the research group. I would estimate very roughly 2-3 full time equivalents (varies somewhat unpredictably over time though), and by that I mean just software development and testing, and work on research reports, not the work we put into communications, third party support, etc. Smooth - would you estimate that the bolded part is still roughly accurate? Yes I would say that is roughly accurate. There may be slightly less now, but I'm not positive of that because the effort is a bit more diffuse and some major in-progress work may not be so visible. For example, I really had no idea the amazing scope of Noodle Doodle's benchmarking, debugging, and optimizing effort until his recent commit (though I did know he was working on it). There has been a bunch of work from the MRL on various crypto things including: strengthening anonymization both against combinatorial attacks and better hiding of amounts along the lines of Blockstream's CT, continued analysis of the problem of difficulty retargeting, and upgraded python implementations of more of the crypto. On the C++ coding side we have NoodleDoodle's massive effort of course. MoneroMooo has been contributing more as well, mostly on a various wallet things (and his work will be now be funded for several months via the forum crowdfunding system), and let's not forget luigi1111's great work to define and implement integrated addresses. I know oranjuice is continuing to work on the API upgrade. I don't see commits (possibly I'm looking the wrong place) for it but he is regularly on #monero-dev discussing it. So it is interesting that some people who previously put in a lot more work have been busy with other things and putting in less time recently, but others are now contributing to the development effort, and the overall effort fairly stable (that is also visible in the commit rate over the past 6-9 months, although that is an imperfect measure and doesn't include some things at all, such as most of the MRL work). To add some speculation: I noticed asks are down to <300k again. |
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One possibility that may be holding the price back is AnonyMint's vaporcoin that will supposedly fix a lot of centralization (as well as privacy) issues in crypto. Whether it's as revolutionary as he claims (I don't think he's ever delivered code for a crypto project), I'm sure a number of people are curiously waiting on the sidelines to see what comes of it. Though I wouldn't expect much to happen very soon.
Regarding bolded part: That's not true, he'll launch his coin transparently. Reference: --snip--
Thus I have decided to put my name on my coin!
I will be leading this coin out in the open, which will make it much easier.
My coin will be launched without any anonymity features. That is a key point.
My anonymity designs will be offloaded to others and these can be added to the coin after the fact by others. I do not want to be held culpable for the anonymity stuff, although I will make sure all my awesome designs are passed on so they can be implemented.
-- snip
So we shouldn't really be worried about that. @Obit33: Use log next time, it gives a more clear view :-) |
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D-day for Bitcoin tommorow,the network will take a beating. If you plan to buy some crypto send you BTC to an exchange now,transactions will take much longer tommorow.Just a tip  The stress test is canceled: https://bitcointalk.org/index.php?topic=1175321 |
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In case someone missed it, the work MoneroMooo has done in the latest 45 hours of his 260 hour part-time contract: |
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Following and I wish you all the best of luck!
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