It is easy to solve the problem: quit lending.
If everybody quits lending the rates skyrockets and the shorts can not be open for long time.
The shorts need to be covered with interest payments that are accuring every minute the shorts are open.
so why dont you start? thought are one of the biggest self acclaimed lenders? But i guess we agree with that low interest monero is just asking to be shorted |
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If the only source for the rally is the closing of short positions it is pretty bearish IMO.
Do not get me wrong, I am not selling but there need to be fundamental reasons for the pump, like someone taking large position (in a friendly way, unfriendly way is the intention to dump later and kill the growth).
So the only reason that monero got dumped was the big opening of shorts .... so bullish? Don´t get me wrong but without that overused shorting ( profit takers that dont care for what they short ) we would still be better and in the bull trend. |
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you can read my observations here. I agree ... the pumping power of Max and Karl is to no be underestimated as also Quark and Maxcoin showed for a short period of time after the BTC Crash. I think they now remain silent with the BnktoTheFuture and Startcoin stuff till the next big bubble happens. |
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That web site is a domain squatter. Sure there are several unofficial versions but those are not supported, maintained or even further developed by Monero itself and therefore Monero can not and will not be held responsible if anything happens to these wallets. Monero is not an entity so your sentence is misconstructed, but in any case regardless of what wallet you use, no one else is responsible for your use of open source software provided at no charge with no warranty. Use at your own risk.
Maybe a good idea to mention that on Monero's website somewhere. So with regards to Monero's Cripplemined Fastmine history, is there any official thread where this is pinned down and for all to read ? Is there a birth of Monero where this is described ? How you even dare to compare a faulty miner that was not spotted first on an got fixed fast with your coins shady history even??? you think people reading both stories are stupid and cannot see which one is shady and which one not? |
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Miner in the dough a little more than a day. It's okay for now. Over time, fading farm name on the pool. Usually after work to the author. Supernova and stable work https: //dcr.maxminers.net and https://pool.mn/dcr. Less mistakes. If you mean, that the miner suddenly stops sending worker name, then I confirm. Just saw this. It should be rig1 and rig2. But actually looks like an empty name.  I confirm this also. Not even just dropping workername .... could even get the shares to my balance... even though miner said he is happely sending shares ... claymore pls fix this... restarting the client here and than cannot be the solution |
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btw, you seem to forgot to add how monero has infinite supply. profit for everyone YAYyy  EDIT : did the monero wrote that fact about infinite supply  if i was an investard in monero i would feel cheated if it isnt The tail emissions fixes a problem, a problem you apparently don't understand, but nice try. what problem is it the problem of rising prices LOL the mining in the end should be paid by tx fee alone, not eternal infinite coin supply yet they didnt announce in their monero ann about the eternal infinite coin supply shhh... whatever, maybe i ll just invest in some aeon instead... i hope they have finite coin supply instead. im sure they are better than monero, afterall if you fork some broken coin it become better... ritee bro ? EDIT :: dang... i just remember that Aeon dev is monero dev too... LOL... i can only imagine if Evan create a clone coin of Dash...oh or maybe 1000 coin clone of dash then waste his time trolling other coin instead LOOOLLLL From Ann Thread --> Specifications PoW algorithm: CryptoNight [1] Max supply: Infinite (see note below) [2] ... it is stated so stop spreading FUD u cannot claim |
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Why are all the Monero guys in here talking about DASH? This thread is about the questionable XMR launch. Let's stay on topic.
So the fastmine/high initial emission of XMR, combined with the refusal to create an official GUI wallet for easy public use does seem very scammy.
Also, the Monero devs claim they didn't know about the scam miner they were pushing off on the public. If that is true, what other parts of their copy/paste coin do they not understand?
It's one thing for novices to copy (well known) bitcoin, but copying something like bytecoin that is brand new, a scam, and includes fraudulent code is pretty irresponsible.
. There was some documented exploitation of it (though not by the original developer) during the following 14 days. In any case the number of coins mined in this manner would be much less than even 825K.The issue of the alleged "fast" mine has already been addressed on this thread here: Monero merely catches up with bitcoin emission, and will eventually have more coins than BTC, due to the minimum block reward starting in 2022:  and here: These figures are all wrong because they ignore the fact that Monero has a minimum tail emission equal 0.6 XMR per 2min block. This has been part of the social covenant in Monero since the start indicated first as a tail emission of less than 1% and then finalized at 0.6 XMR per 2min block. The comparison with Bitcoin and Litecoin fails simply because both Bitcoin and Litecoin have a fixed maximum number of coins while Monero does not. The comparison with Dash is even worse because not only does Dash have a fixed money supply but the Dash maximum money supply was drastically reduced after launch.
In fact, because of the tail emission (and coupled with the lack of any instamine whatsoever; blocks were precisely on schedule to the minute starting with block #5), Monero has one of the slowest overall emissions schedules of any of the major coins today (possible exception being DOGE, which also has a tail reward). Monero slow emissions will continue to distribute new coins long after Bitcoin, Dash, etc. have seen their emissions dwindle to insignificance (and eventually stop, but that takes much longer). Arguably this has already happened with Dash, since so many coins were created right up front (instamine) and the mining rewards have been cut so drastically thereafter. Of course none of this should be surprising since the entire thread is dishonest trolling by a Dash supporter, in retaliation for calling out their instamine scam: i would not trust one word mastermined710 says.
I was on the xcoin(dash) captive instamine launch. I was there in real time and watched it unfold.
He now tries to deny things that happened actually happened on that launch. He is not to be trusted.
Although, this is not a dash/xcoin/dark thread I will not go into it here. I will only say if you want examples of his lies then please contact me for details.
This person is either a total scammer or likes to try and destroy the truth with nuances that are laughable. His tactic is to say he is telling the truth so that the real truth that is a correct and proper picture is distorted and cast in doubt.
He is making this thread only to divert from the dash scam thread.
He is a scam protector and pumper.
And with that /thread I would not even call it exploitation, as the only thing that happened is that someone made his own very improved miner ( happens with every coin with a new algo btw  When there is money to be made people are on it )... lessening the effort of this thread to make this a big thing even more .... would not make that difference with the improved miner if the "solo" code was crippled or not difference is only a tiny share of the profits of dga and his group back than |
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....
like i said that is not an argument ... you don´t leave your wallet at the window in front of the street either and wonder when you get robbed... if you invest in monero its your money... and like i said ONLY your responsibility how to do that secure... ur adult... some of you got kids ... they dont come with some fancy GUI or manual... so act in the cryptoscene like you would everywhere else... with the bidden caution.... |
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Why are all the Monero guys in here talking about DASH? This thread is about the questionable XMR launch. Let's stay on topic.
So the fastmine/high initial emission of XMR, combined with the refusal to create an official GUI wallet for easy public use does seem very scammy.
Also, the Monero devs claim they didn't know about the scam miner they were pushing off on the public. If that is true, what other parts of their copy/paste coin do they not understand?
It's one thing for novices to copy (well known) bitcoin, but copying something like bytecoin that is brand new, a scam, and includes fraudulent code is pretty irresponsible.
Smooth or one of the other Devs can talk about what happened at the launch, but the lack of GUI is one of the least scammy things ever--who builds a scam an makes it only appeal to those who understand opensource or are comfortable with line command? That would immediately put your coin under the scrutiny to those most knowledgeable about coding, as they are the people most comfortable with line command--so not exactly a wise move if you're trying to scam people--kind of like making a wine and only selling it at wine competitions (if it's lousy, it's going to be apparent all the more quickly, and vocally so). The first thing every scam ever does is put out some bitcoin wallet, slap their name on it and say "Look how cool our wallet is? We must be legitimate, right?" The Monero Devs are wise to build the coin, then the wallet, and then market it. The reason to make it harder to use (by not having an official GUI) is to keep the coins for insiders, and wait to release the official GUI until after coin emission has drastically slowed, which is exactly what is happening. Is it? Because last time I checked there was a online wallet and most of the people who aren't comfortable with command line just keep there's on Polo. Last time i checked people from your own community are advising against keeping large amounts on that webwallet and in general it is considered unsafe to keep your coins longterm on an exchange. From a safety point of view developing an officially supported GUI so people can store their own coins in an easy and safe way offline is pretty much mandatory from the start and most certainly should not linger for more then two years .. and then still not have an ETA. thats is bullshit logic.... i think this i all about cash.... be it FIAT or the next E-Cash/Digital Cash whatever.... so is it asked to much that people maybe try to learn sth if they want to buy something like monero?.... the CLI is as safe as it can be at the moment... how can you people handle to sign contracts IRL without a GUI? You are fucking adults with responsibilities ... why do you need hand keeping when its about YOUR OWN MONEY..... the help in the CLI is good enough |
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What about Community Funding?
For example Monero´s Forum Funding System?
Is that some kind of a charity? I am not interested in charity models. Fees/rules need to be enforced in code to qualify. Well you only get paid if you do your work... otherwise funds are locked till there is a taker or it will get moved to general dev fund. |
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What about Community Funding?
For example Monero´s Forum Funding System?
That is even fairer then that Masternode funding scheme where the blockchain pays its defs ( which is at a long time view the same as an premine only devs have to keep the coin alive ), because its actuall users that pay.
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There is a guy lending 40.000 XMR for 0.02% knowing polo could be hacked tomorrow, or the admin deciding to go scam
Isnt this just plain stupidity ?
Or maybe its polo´s own funds? maybe same kind like ?kraken? where there is margin but no lending so it has to come from the site itself ... i don´t im just speculating |
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smooth should change the [XMR] in the topic title to [XDF] tommorow will be funny ... you will see who actually used Monero and who used DarkFlarb ( hint this will only make sense tommorow :p ) |
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Ok, you guys are morons. You read bullshit into something and miss the point because you're too busy trolling. Too many kids and not enough professionalism. I'm happy to take my leave. Enjoy.
No one buys ur the part of the community that hangs out here is shit so everything is shit and im gonna leave... PS. : If people think you are gaming is that a bad thing to speak it out? Only you know what you are up to... |
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We can blame 2 years of exchange trading without a wallet. Most people store coins on exchange and result is whales can just peacefully swim around opening their mouths from time to time to take in some plankton(xmr). If people perhaps could actually store the coins themselves we would have a different scenario.
It's almost as if the wallet release has been kept on hold intentionally to let certain players load up easier. I truly hope this is not the case.
The only thing we can blame are users .... if we are talking cash it should be your responsibility do atleast get a little knowledge to do the CLI... no one would pile hard fiat in front of a window and wonder he got robbed... so why people do it online? Your Money - Your Responsibility. Not the fault of Monero if Users are lazy cunts |
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Wer Amanda B. Johnson mit ihrem bisherigen Daily Decrypt kannte und ihr Channel verfolgt hat, wusste welches Thema aufgegriffen wird, Bitcoin! und Nachrichten um den Bitcoin herrum. Jetzt hat auch Amanda die Zeichen der Zeit erkannt, so dass nicht nur Bitcoin allein thematisiert werden sollte, sondern auch viele andere nennenswerte Cryptocoins mit ihren verschiedenen Eigenarten. Daher hat sie ihr Daily Decrpyt Format, welches ursprünglich nur auf Bitcoin fokusiert war, erweitert auf alle Cryptos (Altcoins). http://cointelegraph.com/news/amanda-johnson-of-the-daily-decrypt-break-up-with-bitcoinHier ein netter Beitrag über anonyme Übertragungen von Bitcoin und auch Dash und Monero. https://www.youtube.com/watch?v=MOhnFKI1P6ESehr nett anzuschauen.  Ja schau ich auch gerne Toll von "Irina" zu besuch ist xD |
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Like i said before and say again now ... stop cheerleading before anything is OUT... and tbh it sucks that you also made this on a countdown... if its finished it is finished so push it out and stop making those kind of thing esp when people waited more then a year....
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Yeah you're totally not gonna get dumped on utter minutes after that clock ends. The golden formula buy the rumor sell the news never fails.
Dude seriously... a hardfork is rather a thing that provokes dumps not pumps ... so you can pump if everything gets done smoothly... remember this aint a bitcoinhalving coin |
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Replacing Cryptonote rings with RingCT value hiding is probably incompatible with microtransactions-at-scale in all current block chain designs because (including Monero) they don't remain decentralized at-scale, but not that was Monero's focus any way: Although sub-penny microtransactions are not economically feasible with credit cards nor current crypto-currencies because the fees are too high, these systems could in theory lower costs enough to lower fees to a percentage of the value of the transaction ( assuming transaction values are not hidden with homomorphic encryption, because in which case the oligarchy centralization inherent in these system has an incentive to raise to fees to what the market will bear cutting out lower valued transactions). ... Dunno if i grasp your intention at full spec, but microtransactions we´re never intented to be populating the mainchain ---> https://getmonero.org/design-goals/ |
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