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2821  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: August 07, 2015, 06:08:01 PM
Ethereum $163,257,452 Huh

https://coinmarketcap.com/

 Bug... but boy is that a scam. Ethereum's coins is called Ether! NOT Ethereum! And it's NOT trading yet.

It's already trading at Kraken -> https://www.kraken.com/charts (switch to ETH/XBT).
2822  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: August 07, 2015, 05:05:00 PM
Ok so I've only just found out that smooth is also developing another crytonote coin.

Question, is this more of a test bed for features you think maybe useful to XMR or are you working on it as a competing currency?

Of course you are free to do what you like with your time, just as a member of the core team for XMR it just seems strange.

He already answered this question on reddit, read from here on -> https://www.reddit.com/r/Monero/comments/3f28bk/whats_the_deal_with_aeon_coin_serious/ctkn0h0

TL:DR: More or less an experimental coin, not really competing but more collaborating since relevant things will get merged upstream to XMR.
2823  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: August 07, 2015, 03:30:01 PM
https://medium.com/zapchain-magazine/why-one-bitcoin-developer-thinks-cryptocurrencies-have-a-dreadful-future-93007cff1613


Quote
“I keep talking to regulators at conferences who believe bitcoin simply must change to bring it in line with other payment systems; unfortunately this means adding identity information to bitcoin transactions and making it possible to blacklist funds."


It's like all us moneronians (is that right?) have super secret powers to see the future! Or they're regular powers to see the obvious and most people aren't capable of simple foresight. Either way, i see a big "I told you so" coming, lol.


Dnaleor was already predicting this some months ago:

https://www.reddit.com/r/Bitcoin/comments/374ss5/the_problem_with_bitcoin_that_everyone_seems_to/
2824  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 06, 2015, 04:08:18 PM
24 was irresistable too.

While traders and hedgers tend to think in terms of btc (cost basis), miners (suppliers) tend to think in terms of local fiat (cost basis).  USD 0.1 and 0.05 increments are psychological levels, probably.  If there are mining hoards in weakish hands the recent 40% rise should coax them out of hiding. If such hoards are depleted, this ramp could run for quite a while.

Amusing: btc is more stable than climbing USD, over the past few months.  Obviously a superior reserve currency Grin

Aside: I am long wheat futures for a nice swing.  Watching oil and gold for capitulation Real Soon Now. When that happens I expect to short EURNOK again.

Regarding Oil: It broke it's YTD support zone of 46.xx (which was tested two times this year), so there is room to go down. However, we got the 41.xx support zone coming up (from 2009). Do you think it will capitulate in that zone? Because if that breaks there is a lot of room to go down. Also, there are some rumours Iran's sanctions are lifted and thus supply will increase (http://www.bloomberg.com/news/articles/2015-08-02/iran-s-oil-minister-says-output-to-rise-one-week-after-sanctions).

Regarding Gold: I think it has a lot of room to go down, but I mainly base this of Armstrong's predictions. In addition, it's still way above the long term mean:



Regarding XMR: Weekly MACD is turning green, in the past the meant a lot of room for upwards movement. However, there are a lot of resistances coming up before we'll surpass 0.003

@S3052: Great report, keep those going!
2825  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: August 06, 2015, 12:40:21 AM
--snip--
Firewall, no script, and adblock were all activated on this machine.  
--snip--

Perhaps install MalwareBytes also as an additional security measure.
 

These are both Linux systems...  Not sure if you are being sarcastic or not.  Cheesy

Oh gosh, what a mistake  Cheesy. Completely missed that. The fact that it's already late here doesn't help either :-P My apologies for cluttering the thread!
2826  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: August 06, 2015, 12:06:12 AM
Bytecoin seems to be making a move, might overtake Dash? Is it a competitor to Dash?



Not sure if it's a direct competitor - I'm thinking no but I could be wrong

and

It's still $5,000,000 away from us - probably won't even touch our $20 Million level :-P

Easy to move when there are 175,181,619,463 BCN and the volume is $50k.      This has nothing to do with the tech stats of the coin, just saying that there is little volume and huge amounts of coins out there...   It can go up 200% or drop 95% in a blink of an eye.

Good luck to all those supporting that coin, as we all just want to back the one we feel comfortable with...  


Bytecoin has a significant pre-mine (82%), so it's fairly easy to raise the price because the "insiders" control almost all of the coinsupply. This has nothing to do with the total amount of coins but rather with the percentage owned. Furthermore, dogecoin also has around 100 billion coins and their price is surely not as easy to pump as Bytecoin's. On top of that, 75% of Bytecoin's volume is done on HitBtc which is kind of a sketchy exchange (see -> https://www.reddit.com/r/BitcoinMarkets/comments/2m6rp7/hitbtc_about_to_go_mt_gox/).

More info about the Bytecoin scam: https://bitcointalk.org/index.php?topic=740112

Why is Bytecoin's 82% pre-mine any more significant than Dash's 50% pre-mine?

Since it's too late for a proper re-launch, I suggest both coins' devs burn their pre-mine, or accept their coins being forever considered risky/scammy.

82% is way more than 50% and in addition the 82% of Bytecoin hurts its anonymity:

DASH its intamine/premine, whatever you like to call it, isn't pretty either but atleast it doesn't hurt their anonymity.

Regarding Bytecoin see quote below:

Doesn't count as anonymous because 80%+ of the utxoset is owned by entities who mined them before it became public and global, which means that those entities can deanonymise pretty much all future transactions.

Marketcap is irrelevant as it's easily inflated (doubly so when all you have to do is slightly bump the price due to the massive amount that's already emitted).
That's a valid point, because when you mix you'll randomly mix with them 82% of the time.

We can actually work out the probability of transactions being 100% transparent to this hidden party.

Mixin of 1 would be transparent 82.2% of the time.
Mixin of 2 would be transparent 67.2% of the time.
Mixin of 3 would be transparent 55.1% of the time.
Mixin of 4 would be transparent 45.2% of the time.
Mixin of 5 would be transparent 37.0% of the time.
Mixin of 6 would be transparent 30.4% of the time.
Mixin of 7 would be transparent 24.9% of the time.

The more you mix with, the more transactions cost and the more storage it requires.
2827  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: August 06, 2015, 12:00:53 AM
--snip--
 Firewall, no script, and adblock were all activated on this machine.  
--snip--

Perhaps install MalwareBytes also as an additional security measure.
2828  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: August 05, 2015, 11:46:53 PM
Bytecoin seems to be making a move, might overtake Dash? Is it a competitor to Dash?



Not sure if it's a direct competitor - I'm thinking no but I could be wrong

and

It's still $5,000,000 away from us - probably won't even touch our $20 Million level :-P

Easy to move when there are 175,181,619,463 BCN and the volume is $50k.      This has nothing to do with the tech stats of the coin, just saying that there is little volume and huge amounts of coins out there...   It can go up 200% or drop 95% in a blink of an eye.

Good luck to all those supporting that coin, as we all just want to back the one we feel comfortable with...  


Bytecoin has a significant pre-mine (82%), so it's fairly easy to raise the price because the "insiders" control almost all of the coinsupply. This has nothing to do with the total amount of coins but rather with the percentage owned. Furthermore, dogecoin also has around 100 billion coins and their price is surely not as easy to pump as Bytecoin's. On top of that, 75% of Bytecoin's volume is done on HitBtc which is kind of a sketchy exchange (see -> https://www.reddit.com/r/BitcoinMarkets/comments/2m6rp7/hitbtc_about_to_go_mt_gox/).

More info about the Bytecoin scam: https://bitcointalk.org/index.php?topic=740112
2829  Economy / Speculation / Re: PnF TA on: August 05, 2015, 11:40:56 PM


2015 tells a different story.  Orange line is XAUUSD


Approximately a week ago I calculated the correlation of GOLD/BTC.

Results:
Last year (29-07-2014 - 28-07-2014): 0,519572846
YTD (01-01-2015 - 28-07-2014): -0,562651161

Quite interesting I have to say. Unfortunately I was not able to produce a correlation chart over time. I would love to see such a graph!
2830  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: August 05, 2015, 11:21:21 PM
Monero price range stable between 190k~220k sat.

its very good,the community support this coin. i just want to see more gambling site to spend my monero, anyone could tell me? besides safedice

If I recall correctly SafeDice is currently the only gambling site accepting XMR.
2831  Economy / Speculation / Re: Free money available on: August 05, 2015, 06:23:29 PM


2015 tells a different story.  Orange line is XAUUSD


Approximately a week ago I calculated the correlation of GOLD/BTC.

Results:
Last year (29-07-2014 - 28-07-2014): 0,519572846
YTD (01-01-2015 - 28-07-2014): -0,562651161

Quite interesting I have to say. Unfortunately I was not able to produce a correlation chart over time. I would love to see such a graph!
2832  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 05, 2015, 10:57:56 AM
... harassed ...

Sadly the hard drive with my keys was lost in a boating accident. All I have left to show is a couple of hundred on my (fully validated) poloniex account.  So naturally I will be a dip buyer again.

You're telling us you didn't make any backups?
2833  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: August 05, 2015, 10:39:25 AM
Code:
2015-Aug-05 12:28:22.322839 [P2P8][188.134.79.203:18080 OUT]Sync data returned unknown top block: 202622 -> 681852 [479230 blocks (332 days) behind] 
SYNCHRONIZATION started
2015-Aug-05 12:28:26.961903 [P2P9][188.134.79.203:18080 OUT]-->>NOTIFY_REQUEST_GET_OBJECTS: blocks.size()=200, txs.size()=0requested blocks count=200 / 200
2015-Aug-05 12:28:28.195987 [P2P8][109.10.159.165:18080 OUT]Got NEW BLOCKS inside of handle_response_get_objects: size: 200
2015-Aug-05 12:28:28.204492 [P2P8]HASH: - VIN/VOUT: 41/80 H: 0 chcktx: 2
2015-Aug-05 12:28:28.211067 [P2P8]HASH: - VIN/VOUT: 45/45 H: 0 chcktx: 1
2015-Aug-05 12:28:28.223177 [P2P8]HASH: - VIN/VOUT: 79/51 H: 0 chcktx: 3
2015-Aug-05 12:28:28.246164 [P2P8]Height: 202623 blob: 286 cumm: 46946 p/t: 14 (4/0/0/0/0/0/9/0/0/0/7)ms
2015-Aug-05 12:28:28.252709 [P2P8]HASH: - VIN/VOUT: 55/54 H: 0 chcktx: 1
2015-Aug-05 12:28:28.256634 [P2P8]HASH: - VIN/VOUT: 1/55 H: 0 chcktx: 0
2015-Aug-05 12:28:28.264167 [P2P8]Height: 202624 blob: 285 cumm: 14468 p/t: 4 (0/1/0/0/0/0/2/0/0/0/2)ms
2015-Aug-05 12:28:28.270787 [P2P8]HASH: - VIN/VOUT: 24/69 H: 0 chcktx: 1
2015-Aug-05 12:28:28.279580 [P2P8]HASH: - VIN/VOUT: 53/52 H: 0 chcktx: 3
2015-Aug-05 12:28:28.279954 [P2P8]ERROR /home/skunk/bitcoin/bitmonero/src/cryptonote_core/tx_pool.cpp:189 internal error: try to insert duplicate iterator in key_image set
2015-Aug-05 12:28:35.640622 [P2P4][176.9.89.217:18080 OUT]-->>NOTIFY_REQUEST_GET_OBJECTS: blocks.size()=200, txs.size()=0requested blocks count=200 / 200
2015-Aug-05 12:28:37.736564 [P2P8][80.82.78.38:18080 OUT]-->>NOTIFY_REQUEST_GET_OBJECTS: blocks.size()=200, txs.size()=0requested blocks count=200 / 200
2015-Aug-05 12:28:42.500006 [P2P6][176.9.89.217:18080 OUT]Got NEW BLOCKS inside of handle_response_get_objects: size: 200
2015-Aug-05 12:28:42.520971 [P2P6]HASH: - VIN/VOUT: 25/78 H: 0 chcktx: 2
2015-Aug-05 12:28:42.521279 [P2P6]ERROR /home/skunk/bitcoin/bitmonero/src/cryptonote_core/tx_pool.cpp:189 internal error: try to insert duplicate iterator in key_image set
2015-Aug-05 12:28:44.526165 [P2P5][80.82.78.38:18080 OUT]Got NEW BLOCKS inside of handle_response_get_objects: size: 200
2015-Aug-05 12:28:44.549773 [P2P5]HASH: - VIN/VOUT: 24/69 H: 0 chcktx: 2
2015-Aug-05 12:28:46.933277 [P2P9][31.128.159.34:18080 OUT]-->>NOTIFY_REQUEST_GET_OBJECTS: blocks.size()=200, txs.size()=0requested blocks count=200 / 200
2015-Aug-05 12:28:51.512626 [P2P6][31.128.159.34:18080 OUT]Got NEW BLOCKS inside of handle_response_get_objects: size: 200
2015-Aug-05 12:28:51.522660 [P2P6]HASH: - VIN/VOUT: 71/46 H: 0 chcktx: 3
2015-Aug-05 12:28:51.523018 [P2P6]ERROR /home/skunk/bitcoin/bitmonero/src/cryptonote_core/tx_pool.cpp:189 internal error: try to insert duplicate iterator in key_image set
print_height
202624
ok, it seems there is something indigestible for master wallet at this block height...
i give up, will come back in some months...

warptangent said this on irc last night, I just stumbled upon it:

<warptangent> about this issue, skunk could try removing the existing poolstate.bin file. most people running a client from last year onwards, without having cleared that file, probably have dangling key images (left over from txs no longer in the pool)  https://bitcointalk.org/index.php?topic=583449.msg12055171#msg12055171
<warptangent> daemon I mean... bitmonerod

Also, you could try and state your question in this thread: https://bitcointalk.org/index.php?topic=652305.0

Hope that works!
2834  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: August 05, 2015, 10:37:47 AM
I believe I am the progenitor of the concept and term Knowledge Age in this context.

I have argued to rpietila that the technological struts (e.g. anonymous internet and anonymous money for trading and including micropayments scaling which Monero can't do) have to be in place before the change will occur and that his religious activism is counter-productive.

This provoked a thought, can Monero scale for high volume penny transactions?

Theoretically:

Speaking of block size...what's Monero's capacity in terms of txs per second?

Monero has a very scalable block size solution. It is "adaptive" as it changes with the amount of information going through the Monero network.

Okay, thanks. I'd prefer a number, but what you wrote will do. Smiley

What he said was right. There is no hard limit in the protocol. Noodle Doodle's recent benchmarks on an i7-2600K show 2.5 ms average tx verification time (per core) so that would max out at 1600 tx/second.

Usage at that level would require a lot of bandwidth and CPUs slower than a 2011 quad core desktop would not be able to keep up and would need to drop off.



2835  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: August 04, 2015, 07:42:50 PM
Interesting:



Not really. Many btc was donated to Cryptsy for XMR and they did nothing. Fuck Cryptsy. Frankly, I don't even wish to see XMR on their exchange.

Their XMR address. They will just stole your btc:
https://blockchain.info/address/1K1uqcxrjr7zWYwePFz2v6Y3hSxBvMrSJ2?filter=2

I agree but I think the 1 BTC was only meant for BBR and I would be suprised if they ask us for 1 BTC as well. You never know with Cryptsy though.
2836  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 04, 2015, 07:41:55 PM
Yes I think this is good news for CryptoNote in general. Time to provide Cryptsy traders anonymity at the protocol level instead of the DASH they have been brainwashed into buying!

Certainly agree! Also, thanks for bringing this to our attention.
2837  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 04, 2015, 07:27:24 PM
Interesting:

Update!

Lets discuss this on Reddit (so we can start building more traffic there):
https://www.reddit.com/r/boolberry/comments/3fs25q/potential_cryptsy_listing/
https://twitter.com/BBRcurrency/status/628646443176325120

Received direct message on Twitter today from BigVern (cryptsy):



I responded to say we were interested and asked if they were technically able to add us quickly. I am aware they have said they wanted to add Monero for quite some time but have yet to do so for I presume to be be technical issues integrating with their system

edit: he just responded to my question. It sounds like they are ready to start integrating Monero too.

I will provide more details on r/boolberry so come join the discussion!

Additional info: https://www.reddit.com/r/boolberry/comments/3fs25q/potential_cryptsy_listing/ctrerrm
2838  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: August 04, 2015, 07:27:04 PM
Interesting:

Update!

Lets discuss this on Reddit (so we can start building more traffic there):
https://www.reddit.com/r/boolberry/comments/3fs25q/potential_cryptsy_listing/
https://twitter.com/BBRcurrency/status/628646443176325120

Received direct message on Twitter today from BigVern (cryptsy):



I responded to say we were interested and asked if they were technically able to add us quickly. I am aware they have said they wanted to add Monero for quite some time but have yet to do so for I presume to be be technical issues integrating with their system

edit: he just responded to my question. It sounds like they are ready to start integrating Monero too.

I will provide more details on r/boolberry so come join the discussion!

Additional info: https://www.reddit.com/r/boolberry/comments/3fs25q/potential_cryptsy_listing/ctrerrm
2839  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 04, 2015, 05:04:22 PM
Yeah I noticed that as well, edited my post.
2840  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 04, 2015, 04:57:01 PM
Satoshi's coins are on the move -> https://www.reddit.com/r/Bitcoin/comments/3frht4/satoshi_nakamoto_moved_today_for_the_first_time/

EDIT: Probably a glitch, like others pointed out. Transactions don't show up on blocktrail nor blockr.
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