So how much donating needs to happen to get the ball rolling for the GUI wallet dream to come true? Im willing to make a big donation in BTC or XMR but i want it to be directly correlated to the advancement of this wallet as I believe this will be one of the major stepping stones to XMR advancement. I know their is a donation address but it would be nice being able to choose where we want our money applied. Keep it up and look forward to the response. http://imgur.com/a/ERheR#L4244ocFluffypony & co are setting up a new funding system on the official forum, this will likely speed up things and you can donate to what you personally find most important. Currently the donations go to more or less a blackbox (no offense to the devs, you guys are doing great work, but you get my point) and this is in my opinion a great step forward. If I recall correctly, fluffypony said a few days ago that they are finalizing this system. Additional information: you guys are always pointing out how the project is basically unfunded and you do great work under those conditions no doubt. but i just want to do what i can to help with this situation for 2 reasons, for the good of monero, but also because you guys should be compensated for the work you do. and the thing is, i just dont think that panhandling is ever going to get you the sort of consistent and appropriate compensation you should be getting, and monero should be getting.
We've been working on adding some needed functionality to the forum, and our next major task we're going to tackle is the funding system. The idea is: 1. Users / developers / anyone will pitch an idea in the Ideas section of the forum. This is already happening. 2. After some discussion it will be moved by one of the administrators (currently the Core Team only, but that would change in future) to the Open Tasks section of the forum. No tasks have been moved as yet. 3. Developers (including the core team, and initially probably only the core team for simplicity) will pitch against each of these open tasks. Later on I would expect that there would be more people / teams pitching against tasks, and the most competent / available / reasonably priced will be the one the community will veer towards. 4. Once the developer / team has been selected to complete the task it moves to the Funding Required section of the forum, and it is opened for funding. 5. Funding will be to a core team controlled address with a payment ID for that particular project/task, and there will be a funding progress bar. This information will be mirrored over to a funding page on the website that shows the funding progress per project/task. 6. When funding reaches 70% (for smaller tasks) or 30% (for larger and longer tasks) it goes into the Work in Progress section and work begins. 7. Funds are dispensed by the core team on a regular basis and only if there is actual progress / commits / whatever, so it doesn't go into a black hole. Advantages of this approach:- the core team's oversight role can eventually be replaced by a group selected from the community at large, so as not to have a stranglehold over things - the core team's escrow role can eventually be replaced by a multi-sig system (2-of-3) where the signatories are the core team, the oversight group, and the recipient, so the recipient can't spend those raised funds without the involvement of one of the other 2 signatories - this isn't limited to dev tasks, and things like "fly David Latapie to speak at a conference" or lobbying or PR or advertising can all have tasks created and funded - funding is direct and specific to tasks instead of going into a big black hole and hoping for the best We expect this system will still take us another short while before we can put it live, but we're already crunching away at the functionality for it (and this also further emphasises why the forum couldn't just be SMF with a theme;) ) |
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I have NO Tok abilities of TA but for me it looks like the end of correction and the completion of a diagonal triangle... Toknormal correct me if I`m wrong ....
FYI: I am a Monero proponent, so I will probably be seen as a troll, but I could still shine some light on your question. The current pattern in the DASH chart is a descending triangle, which is a bearish pattern. See -> http://www.investopedia.com/terms/d/descendingtriangle.aspThis means it will most likely break to the downside, it already broke somewhat yesterday when it went below 0.0011. The current situation:  We saw something similair on the XMR chart, the result:  The bigger picture:  |
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I would remove Monero from that list since they tricked people with mining software efficiency. Last sentence of http://devtome.com./doku.php?id=a_massive_investigation_of_instamines_and_fastmines_for_the_top_alt_coins#monero There was indeed some issue with the efficiency of the mining software, but this was not, like you stated, tricked/pushed by the developers. I will try to find the details of it. EDIT: Most of it can be found here -> http://da-data.blogspot.de/2014/08/minting-money-with-monero-and-cpu.html . Make sure to read the comments as well. Note: David Anderson is and was in no way affliated with the dev team. |
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We're close to breaking the downtrend, the trendline currently lies around 0.0023. Also, 1D MACD turned green   |
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Putting this here as well for visiblity. Smooth, you've received a solid commendation from Anonymint Smooth is the most astute programmer in altcoins that I have had discussions with.
It seems to me that Monero has the best team of any altcoin. The whole post is crosspost worthy in my opinion: 8. I have been a "silver bug" in a sense that I regarded it as a great investment and was overweight, in 2006-2013, then I was a Bitcoin bug for a short time, and now have been a Monero bug, because it now holds the same promise that the previous ones did earlier. (Monero is so cheap that I am not even much weighted, because the potential upside is so great.) Both silver and bitcoin are now relegated to wealth preservation roles in my thinking, both still having the potential of large upside though.
9. I have never been a gold bug but have occasionally owned some gold.
10. Neither a lender nor a borrower be. Knowledge economy does not have a place for debt (obligation to pay a fixed sum regardless of the outcome of the venture) in it. Crowdfunding in all forms is the way to go.
11. The role of financial capital is to enable the most effective use of knowledge capital, and even before Bitcoin was invented, my productivity has not much been hampered by the lack of financial capital. I am content with the amount that I have, and in the long term more is probably coming when one of my current or future long-shots matures. The excess I have keenly donated to charitable purposes, although finding worthy recipients is difficult.
12. The theses do not consider the "industrial-age" situations where pooling of massive resources under a centralized command was necessary. Some projects still have these attributes, but most of them could already be reorganized, power politics are hindering the progress.
Risto the entire post was excellent. I thought maybe we were further apart in our thinking, but on the surface of that post it seems we are close to total agreement. Perhaps you've made some changes in your thinking lately? My quibble is going to be on the fact that silver and Bitcoin are not anonymous[1] and aren't you at all concerned about shielding wealth from socialism deathstar expropriation? And my other quibble remains that you are not technically qualified to know whether Monero is sufficient to be the big winner. I strongly suggest you need to be more diversified in altcoins if you want to hit the jackpot. One day you are going to learn that in this area (just like you learned on the castle which I warned you was under threat from Russia), my capabilities in some cases exceed aminorex and others you may rely on for technical appraisals (and theirs exceed mine in other cases). Smooth has outsmarted me at times and to the extent he can be objective (considering his close association to Monero) then I would advise trusting his appraisals of any technical writings I make. Aminorex is very smart, but he appears to me to be more of a math guy than a programmer (although my interaction with him is minimal). Smooth is the most astute programmer in altcoins that I have had discussions with. Perhaps there are others but I haven't been able to engage them in productive discussion (e.g. fluffyponey, tacotime, etc). However, I will admit I don't know of any other altcoins that have sufficient feature sets and ecosystem that give them a better shot than Monero, at least in the anonymity focused subset of altcoins. So in that case I would have to agree with you on the Monero bet up to this point in time. I must mea culpa that I haven't been following altcoins much lately, and I don't know whats up with latest on Nxt, jl777's work, Boolberry, Dogecoin, etc.. I don't even load the coinmarketcap any more. I am cognizant that you may become complacent/overconfident and miss something. Well I guess it never hurt you to be late and miss the IPO. You missed it for both Monero and Bitcoin. So perhaps it isn't your role to be one of the earliest adopters. And thus I should not be focusing my energy on trying to explain any technical innovation too early in the development cycle. Ditto OROBTC and others. You all can't understand. You all come in much later after the technical experts have already jumped on board. In short, you all must be followers because you don't have the first hand technical acumen. [1] Anonymity with Bitcoin is is riddled with potential pitfalls. IP anonymity is tricky for any crypto-coin, and Bitcoin doesn't have onchain anonymity. Upthread I already made the case that physical metals will not be anonymous. EDIT: For whom it was not clear yet, TPTD_need_war = AnonyMint |
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Smooth, you've received a solid commendation from Anonymint Smooth is the most astute programmer in altcoins that I have had discussions with.
It seems to me that Monero has the best team of any altcoin. The whole post is crosspost worthy in my opinion: 8. I have been a "silver bug" in a sense that I regarded it as a great investment and was overweight, in 2006-2013, then I was a Bitcoin bug for a short time, and now have been a Monero bug, because it now holds the same promise that the previous ones did earlier. (Monero is so cheap that I am not even much weighted, because the potential upside is so great.) Both silver and bitcoin are now relegated to wealth preservation roles in my thinking, both still having the potential of large upside though.
9. I have never been a gold bug but have occasionally owned some gold.
10. Neither a lender nor a borrower be. Knowledge economy does not have a place for debt (obligation to pay a fixed sum regardless of the outcome of the venture) in it. Crowdfunding in all forms is the way to go.
11. The role of financial capital is to enable the most effective use of knowledge capital, and even before Bitcoin was invented, my productivity has not much been hampered by the lack of financial capital. I am content with the amount that I have, and in the long term more is probably coming when one of my current or future long-shots matures. The excess I have keenly donated to charitable purposes, although finding worthy recipients is difficult.
12. The theses do not consider the "industrial-age" situations where pooling of massive resources under a centralized command was necessary. Some projects still have these attributes, but most of them could already be reorganized, power politics are hindering the progress.
Risto the entire post was excellent. I thought maybe we were further apart in our thinking, but on the surface of that post it seems we are close to total agreement. Perhaps you've made some changes in your thinking lately? My quibble is going to be on the fact that silver and Bitcoin are not anonymous[1] and aren't you at all concerned about shielding wealth from socialism deathstar expropriation? And my other quibble remains that you are not technically qualified to know whether Monero is sufficient to be the big winner. I strongly suggest you need to be more diversified in altcoins if you want to hit the jackpot. One day you are going to learn that in this area (just like you learned on the castle which I warned you was under threat from Russia), my capabilities in some cases exceed aminorex and others you may rely on for technical appraisals (and theirs exceed mine in other cases). Smooth has outsmarted me at times and to the extent he can be objective (considering his close association to Monero) then I would advise trusting his appraisals of any technical writings I make. Aminorex is very smart, but he appears to me to be more of a math guy than a programmer (although my interaction with him is minimal). Smooth is the most astute programmer in altcoins that I have had discussions with. Perhaps there are others but I haven't been able to engage them in productive discussion (e.g. fluffyponey, tacotime, etc). However, I will admit I don't know of any other altcoins that have sufficient feature sets and ecosystem that give them a better shot than Monero, at least in the anonymity focused subset of altcoins. So in that case I would have to agree with you on the Monero bet up to this point in time. I must mea culpa that I haven't been following altcoins much lately, and I don't know whats up with latest on Nxt, jl777's work, Boolberry, Dogecoin, etc.. I don't even load the coinmarketcap any more. I am cognizant that you may become complacent/overconfident and miss something. Well I guess it never hurt you to be late and miss the IPO. You missed it for both Monero and Bitcoin. So perhaps it isn't your role to be one of the earliest adopters. And thus I should not be focusing my energy on trying to explain any technical innovation too early in the development cycle. Ditto OROBTC and others. You all can't understand. You all come in much later after the technical experts have already jumped on board. In short, you all must be followers because you don't have the first hand technical acumen. [1] Anonymity with Bitcoin is is riddled with potential pitfalls. IP anonymity is tricky for any crypto-coin, and Bitcoin doesn't have onchain anonymity. Upthread I already made the case that physical metals will not be anonymous. EDIT: For whom it was not clear yet, TPTD_need_war = AnonyMint |
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What does that have to do with me? It's about TPTB_need_war, AKA AnonyMint, AKA TheFascistMind. that was an interesting read. BCX has a known rep for attacking altcoins over the years. so he never successfully attacked Monero then?Nope, he didn't. He disappeared right after his own set deadline expired, so basically it was pure FUD. The reason(s) behind it is/are still not clear till this day. for the most part, i've always thought of BCX as an asset to Bitcoin mainly as an enforcer to altcoins. not that i condone him causing financial pain for altcoin participants but in the sense that he is enforcing Satoshi's principles on a raw economic level, ie, "expect to be attacked if you stray away from first principles". you have to give him credit for at least warning the Monero community that he intended to attack. it sounds like it gave them an opportunity to mitigate and/or tune their code to prevent such a thing. maybe that's why it never transpired?Could also be it, I don't know the details of it though. Also, there were doubts about the authenticity of the account, some people suspected the account was sold before the "threat". that Monero chart looks brutal: --snip-- You are missing the end, I rather prefer this chart:  Btw, most altcoin charts look like this, when btc declines, most alts decline even worse. Also, the first top of 0.01 was during the crazy pre-mintpal pump. I wasn't around back then so I hope smooth can elaborate more on this matter, but for some reason it was insanely pumped by whales back then. Furthermore, unlike most other altcoins, Monero was fairly launched ( http://devtome.com./doku.php?id=a_massive_investigation_of_instamines_and_fastmines_for_the_top_alt_coins#monero). It has a relatively high inflation though, which could also be a reason for the "bearish/declining" chart. PS: Remember that Monero was launched during a BTC bearmarket, chart would probably looked a whole lot different when launched during a bullmarket. |
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What does that have to do with me? It's about TPTB_need_war, AKA AnonyMint, AKA TheFascistMind. that was an interesting read. BCX has a known rep for attacking altcoins over the years. so he never successfully attacked Monero then?Nope, he didn't. He disappeared right after his own set deadline expired, so basically it was pure FUD. The reason(s) behind it is/are still not clear till this day. for the most part, i've always thought of BCX as an asset to Bitcoin mainly as an enforcer to altcoins. not that i condone him causing financial pain for altcoin participants but in the sense that he is enforcing Satoshi's principles on a raw economic level, ie, "expect to be attacked if you stray away from first principles". you have to give him credit for at least warning the Monero community that he intended to attack. it sounds like it gave them an opportunity to mitigate and/or tune their code to prevent such a thing. maybe that's why it never transpired?Could also be it, I don't know the details of it though. Also, there were doubts about the authenticity of the account, some people suspected the account was sold before the "threat". |
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What does that have to do with me? It's about TPTB_need_war, AKA AnonyMint, AKA TheFascistMind. that was an interesting read. BCX has a known rep for attacking altcoins over the years. so he never successfully attacked Monero then?Nope, he didn't. He disappeared right after his own set deadline expired, so basically it was pure FUD. The reason(s) behind it is/are still not clear till this day. |
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This is already implemented in certain altcoins, for instance the CryptoNote family whereby Monero currently is the biggest (ignore Bytecoin, it had a 80% premine which actually is a danger to anonymity). I personally don't know the details of it, but this is what I could find: Thats correct, our block size is dynamically scaled by the size of the previous blocks with no hard limit for the block size. Its been this way since the launch in early 2014. There is also a dynamic coinbase penalty above a size threshold to prevent people from making too large of blocks, too quickly. Gmaxwell and some of the other bitcore developers argued against such a design, saying that it gave too much power to miners to decide the size of the blocks. source: http://www.reddit.com/r/Bitcoin/comments/35azxk/screw_the_hard_limit_lets_change_the_block_size/cr2phqdnote: Tacotime is one of the 7 core team members of Monero |
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last full month of 2 digits block reward folks.
Time is flying... Anybody well versed with TA could give a TA opinion on current situation? Aren't we breaking a downtrend as we speak? The most basic of all TA says...  Nope. Could you eleborate on why to use log scale instead of linear scale? I am always contemplating on this when drawing trend lines etc. |
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For anyone trading with bitcoinwisdom, it isn't showing the asks properly: I don't know what is causing it, but bitcoinwisdom isn't properly showing the asks of the XMR/BTC market on poloniex. Example:  &  Screens were taken a few seconds from eachother. I hope you can look into this, since it's a bit misleading for traders who are watching/using bitcoinwisdom. |
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I don't know what is causing it, but bitcoinwisdom isn't properly showing the asks of the XMR/BTC market on poloniex. Example: & Screens were taken a few seconds from eachother. I hope you can look into this, since it's a bit misleading for traders who are watching/using bitcoinwisdom. |
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Anyone want to sell some? If so, PM me with an offer please.
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i've seen no missive released during last 30 days. did the dev team stopped issuing new missive ?
I think they have been busy fixing all the bugs and utilizing everything for the 0.8.8.7. Also, GingerAle is handling the missives (or atleast the editing etc.) if I recall correctly. Relevant: So we're slowly inching our way through the doldrums...community activity, trading volume, development? Are we going to reach the tradewinds soon? These flapping sails are unnerving.
I think everybody likes surprising people around here. It may feel like the doldrums, but people just work in silence. And who knows why we're in the doldrums, considering: The LMDB works, and it compiles on windows 64, and there's a hacky way to get a LMDB-build GUI using MoneroX (see my above post) roosma's working on trezor thing Luigi's workin on a surprise and I know of one other unknown development, perhaps 2. don't worry, there will be a new missive soon.  |
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And Monero falls even further, what is going on?
People losing faith in monero. There is already no official GUI since over a year now  An official GUI is not necessary. All we need is the database fix, and the third-party GUIs will do just fine. database fix is here. Its happening. So...... ?? What he probably meant is a release version which includes the Database (so 0.8.8.7). |
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So we're slowly inching our way through the doldrums...community activity, trading volume, development? Are we going to reach the tradewinds soon? These flapping sails are unnerving.
The only thing that is going to stop that is a production ready database implementation and a simple to install and run official gui. Or credible information pertaining to the progress in these areas which speculators can use to price in a future release production ready database implementation and a simple to install and run official gui. The upcoming 0.8.8.7 release will include the database, so I guess most unofficial GUI developers will also include that into their wallets. For me personally, something like MoneroX with the database included is sufficient. Remember that the official GUI will not be some half-baked simple GUI, but more an account type like GUI. |
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I think most of you already know this, but in case anyone missed it: Core team member Riccardo "Fluffypony" Spagni will be in Europe this month and will attend several meetings. The first meeting he will attend is in Brussels, Belgium, on the 19th of May: http://www.meetup.com/Bitcoin-Brussels/events/221909098/Secondly, he will attend the meeting in Paris, France, on the 21st of May: https://forum.getmonero.org/14/events/277/monero-meetup-paris-france-may-21th-2015Thirdly, he will attend the meeting in Berlin, Germany, on the 24th of May: https://forum.getmonero.org/14/events/237/monero-meetup-berlin-germany-may-24th-2015At last, he will speak at the Bitcoin Conference in Amsterdam, The Netherlands, on the 30th of May: http://bitcoinference.com/2015/Monero.html |
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