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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: June 27, 2019, 01:42:06 AM
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Came into this thread to read about the reasons for the decline of XMR, but here are the last two pages are so much flooding that I absolutely did not understand the reasons why so Monero collapsed in a time when everyone was waiting for him lift. Can anyone make any suggestions about this?
censorship via insiders causing lack of confidence.  this is a centralized shitcoin. I'm glad someone else speaks trollbot, I just read that as, "Price, why U no go higher!??!" not as some treatise on censorship--because everyone knows speculation forum talk controls the pricing... On a serious note, you have a weird idea of centralization. asics bad ... botnet drones good!  lel Given your clownish reply, you still don't get my point--not surprising, but you may not want to advertise it. |
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: June 26, 2019, 04:25:13 PM
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Came into this thread to read about the reasons for the decline of XMR, but here are the last two pages are so much flooding that I absolutely did not understand the reasons why so Monero collapsed in a time when everyone was waiting for him lift. Can anyone make any suggestions about this?
censorship via insiders causing lack of confidence. this is a centralized shitcoin. I'm glad someone else speaks trollbot, I just read that as, "Price, why U no go higher!??!" not as some treatise on censorship--because everyone knows speculation forum talk controls the pricing... On a serious note, you have a weird idea of centralization. |
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4
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: June 12, 2019, 04:17:38 PM
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https://www.coindesk.com/inside-moneros-last-ditch-effort-to-block-crypto-mining-asicsI guess not so great news for GPU miners... Edit : but good news for Botnets [img witdh=20]https://i.imgur.com/Lcoyf4Z.jpg[/img] Lingering concerns
Perhaps a more realistic concern in the mind of Ehrenhofer and others is the proliferation of botnets on the monero network as a result of a
CPU-friendly mining algorithm like RandomX. This does raise the question : does the end justify the means ? First of all who cares about the miners? It's security that matters, period. You wanna mine and profit you are gambling, if you mine for altruism then you don't care. And having botnets mine Monera and secure the network is always preferable to them attacking legitimate networks So I don't see any problems at all here.  The problem with having botnets securing the network is that botnets do not have the best interest of the network at heart like normal miners do. Miners in general behave in a way thats beneficiary for them and do not hurt their network. Botnets basicly change miner behaviour from honest mining to selfish mining. I prefer honest mining (Bitcoin) over selfish mining (Botnet-Driven Network) any day. Then one has to wonder if this will all be for nothing anyways, this fight against the natural evolution of mining (ASIC). It doesn't matter what miners believe or want, the real threat is that due to the economy of scales, asic farms centralize to regions to where electricity and hardware is cheapest. That region right now is China--does anyone really think that if China's government sees cryptocurrencies as a threat they won't seize operations and destabilize networks? I know people are being chimerical because they can't do anything about the threat, but sticking your head in the sand doesn't diminish the threat. Unless you can make electricity and hardware the same costs the world over, this threat will remain in regards to asics. At the very least we know botnetminers do their best to remain off the grid as that is in their best interest, and while could see states engaging in botnetmining to take control of asic resistant coins, that's more a product of coding, so no one really has a monopoly. |
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5
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Why is nobody talking about Iota?
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on: May 30, 2019, 12:04:02 PM
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IOTA also had problems in 2017-2018. Was it an error, an exploit or a hack, I don't remember now and I've never followed IOTA very closely, although I was tempted in 2017 to try my luck too with it. And since then, with all the crypto heading south, IOTA is not anymore on investors/speculators' agenda.
Now that money is coming back, maybe some more will risk. Hopefully the team has sorted out everything right this time.
Bet you can't find any of those things (error, hack, exploit), most of the drama came from a paper that showed a supposed exploit that required the user to hand over secret data for it to be successful--IE it was human engineering and not anything worth noting. Anyway, I'll let the past die as it really showed how off the community could be when misinformation is flying--now I give every project the benefit of a doubt until I've done my own research. |
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: May 30, 2019, 11:37:15 AM
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Over the past 24h Bitcoin went up about 1% , but everything else with 'Bitcoin' in the name has been pumping hard:
Bitcoin Cash: 6%
Bitcoin SV: 56%
Bitcoin Gold: 22%
Bitcoin Diamond: 53%
Lightning Bitcoin: 12%
In the meantime, Monero only went up 3%. What do all these 'Bitcoin something's offer that Bitcoin + Monero do not? How can the market be so out of touch with reality?
Don't know about the other coins, but SV's volume has never looked organic, so hard to take it seriously. |
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: May 26, 2019, 08:51:52 PM
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So many cryptocurrency projects solely on privacy claim to have advanced stealth technology with better scalability, yet their prices have not done any good. Monero price remains strong. It shows that asides the technology, there is much more that determine value
That or most people realize that those claims are usually BS. I mean how many coins claimed "Best privacy ever!!!" only to have it fail under the least bit of scrutiny? It's ludicrous how gullible some speculators are when it comes to claims, but with privacy, the very same people who are most well versed in how a privacy coin should be developed are the same ones who make up the Monero community, so people trust them to make an honest evaluation. And while Monero isn't perfect, it's still the best option. |
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: IOTA Price Prediction 2019
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on: May 08, 2019, 03:06:05 PM
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yep, and i believe soon or later IOTA will be in the TOP 10 crypto at coinmarketcap because in my opinion this altcoins is better than ADA and TRX regards IOTA has all chances to gain. I suppose that it is one of the best altcoins and it can be in the top-5 even. I am not sure about its price for this year as predictions never come true. IOTA hasn't had a chance to gain anything from the market again. Can you tell me some utility of the IOTA con? DAG is a good platform that offers the possibility to create an instant transaction with zero fees. But the fact that almost all of DAG coins are lack of utility usage. that's why the demand for dag coin has been decreasing a lot. It must be changed to regain its hype and demand again. I believe IOTA will get another drop in the future. Your comment on utility seems backwards to me. A lot of the companies and organizations partnering with IOTA are acknowledging that they want a feeless structure as IOT devices aren't profitable when they're paying more in fees or resource burn than the actual tx. An IOT device streaming data needs two things: (1. to be able to sell that data for less than fees 2. be able to send the data for a fraction of the cost of its creation). There is no utility for an IOT token if it charges fees or can't be used on a small sensor operating on the fringes of a network. And let's not forget, that the supposed utility of P2P networks, such as Bitcoin, was never intended to be "store-of-wealth" as that was just a rebranding tactic after everyone realized POW didn't scale and that Bitcoin specifically couldn't be considered a "cash-system" as stated in the whitepaper because it's not fungible as coins can be white, brown or blacklisted by anyone observing the ledger. Anyway, there's a reason the governemnts and corporations who have been studying IOT and its concerns are partnering with IOTA more than any other project in cryptoland, and it's not for lack of utility. |
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: IOTA is the next big thing
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on: May 02, 2019, 12:06:57 AM
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Hmm, most would have considered some of the claims here as false few years ago.
Have to learn more about this cryptocurrency to understand why it was surprisingly chosen by a large car company as a preferred platform amongst many popular blockchains
Not really a surprise as IOTA has partnered with other car companies and players in IOT. Most, well all, other cryptocurrencies aren't suitable for IOT as they charge fees, aren't designed to work with IOT devices, can't scale to IOT levels or still don't even have a mainnet. I've posted this 3 times in the last week, but here it goes again http://iotaarchive.com/If you're surprised by this week's announcement, you haven't been paying attention to the IOT sector. |
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: IOTA is the next big thing
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on: April 28, 2019, 06:38:34 PM
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Iota created huge hype on 2017. But they didn't improve after that.
They are quite for a long time. And i start to think they won't become something big.
Wherever you are getting your information, it has failed you miserably and you should cut ties, or better yet, do your own research--if you did the research, you've failed yourself. Go read the link I posted just an hour ago--here you go, in case you are too lazy to look up http://iotaarchive.com/. It doesn't even mention the partnership with the city of Austin or global blockchain partnerships as that's just from today. https://www.globalblockchain.ventures/partnershttps://twitter.com/austinmobility/status/1121525933943472129IOTA has done nothing but improve on its positioning in the IOT industry--they've only gotten further out of reach than other DLTs in this scene and stand poised to be standarized in the next couple of years. Just think about that, a little project started on the NXT forums that raised a whopping $500k becoming a global standard in an industry projected in the tens of trillions of dollars over the next decades. Not some BS about digital gold or a store-of-wealth, but actually being what the industry uses for data streaming and payments. |
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: IOTA is the next big thing
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on: April 28, 2019, 05:26:10 PM
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WOW no more news on IOTA?  Bad news... Are you kidding? Did you even look to see if that was true? Here you go http://iotaarchive.com/I've just stopped posting news as there's no reason to shill IOTA as industrial adoption will necessitate usage of the token. Shilling to speculators on bitcointalk seems like a huge waste of time as they're just going to fomo when the reality of IOTA's adoption catches up to them. |
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: April 20, 2019, 09:02:19 PM
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When I looked at the title I thought it would be from the balcony scene, because it's a line spoken by Juliet.
But it's really a poem by a guy named Edward Dyson.
I guess phishead posted it because Romeo (i.e. Monero) talks of the moon but turns out to be a rather earth-bound fellow (like Monero's price).
Full text of the poem:
I see thee still in doublet wide,
And hose well kept, a world too slack,
So long and lean thou wert allied,
It struck me, with that curious back,
The Zoo giraffe. Thy brow was black,
Thy speech was awkward, action slow.
I whispered at thy first attack:
“And wherefore art thou Romeo?”
Thou wert then fifty and cross-eyed;
For acting never hadst the knack.
With stilted bow and Irving stride
Thou tookst the stage, and Jill and Jack
Both sniggered, when with damned clack
Thou talkedst of moons, and wrecked the show.
And here by Heaven, thou art back.
Oh, wherefore art thou Romeo?
This fellow was a lad of pride,
No prinked-out fool, with just a snack
Of bounder, and by Fate allied
To pale effeminates who smack
The rouge about. Thou art a quack!
Thy treatment brings the lover low.
Thou’rt living still our hearts to crack;
Oh, wherefore art thou Romeo?
ENVOY
No egotism dost thou lack,
Great scorn hast for the rival pro.,
And talk’st thou of thy art. Alack!
And wherefore art, thou Romeo?
I wouldn't bother trying to figure out what those obscure idioms mean. I think the poem is written in a nineteenth-century pastiche of late sixteenth-century Elizabethan English, the language Shakespeare used. But just so you know, "wherefore" means why.
This is the equivalent of a rapper with a beef trashing a guy. No idea what the context is other than it seems by these lines he is calling the guy out for being a terrible actor " For acting never hadst the knack. With stilted bow and Irving stride Thou tookst the stage, and Jill and Jack Both sniggered, when with damned clack Thou talkedst of moons, and wrecked the show." It's kind of gilding the lily by today's standards, but I'm sure "You better back the fuck up before you get smacked the fuck up." will read badly to someone in a hundred years--even so, it's ironic that he's calling the guy out for being stilted and that's exactly how this reads today. |
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Tone Vays said that in next bull run altcoins will die
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on: March 18, 2019, 03:07:27 PM
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Hello, recently one of the most famous traders Tone Vays said that next bull run will cause altcoins crash because people will start with the massive sale of altcoins and they will put everything in Bitcoin.
Do you agree with him? Really only Bitcoin survives?
I guess he doesn't look at charts. If he did, he'd see that that's the exact opposite of what has happened in every bull run. Historically altcoins increase in overall marketcap when there's a bull run, which obviously means bitcoin shrinks. I think it shrank to under 40% in the last bull run, so 25% wouldn't be out of the question in the next bull run if the long term trend stays as it always has. Maybe he got confused and meant in the next bear market as the market consolidates to bitcoin because noobs realize they have no clue what they're doing and buy what they think is "safe". What will be interesting is if bitcoin drops below 25% of total marketcap and a new leader is crowned, do noobs still think bitcoin is the safe choice when the next bear market rolls around... Are you kidding right  90% of people here know Tone Vays and his channel. Also he said that he is a famous trader, and you are talking about that he doesn´t look at charts? Did you even reading before writing? Apparently the sarcasm went over your head. The point is that he should know from looking at the charts that his opinion isn't historically backed and is a maximalist fantasy. |
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Tone Vays said that in next bull run altcoins will die
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on: March 14, 2019, 09:17:06 PM
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Hello, recently one of the most famous traders Tone Vays said that next bull run will cause altcoins crash because people will start with the massive sale of altcoins and they will put everything in Bitcoin.
Do you agree with him? Really only Bitcoin survives?
I guess he doesn't look at charts. If he did, he'd see that that's the exact opposite of what has happened in every bull run. Historically altcoins increase in overall marketcap when there's a bull run, which obviously means bitcoin shrinks. I think it shrank to under 40% in the last bull run, so 25% wouldn't be out of the question in the next bull run if the long term trend stays as it always has. Maybe he got confused and meant in the next bear market as the market consolidates to bitcoin because noobs realize they have no clue what they're doing and buy what they think is "safe". What will be interesting is if bitcoin drops below 25% of total marketcap and a new leader is crowned, do noobs still think bitcoin is the safe choice when the next bear market rolls around... |
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: IOTA Price Prediction 2019
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on: March 02, 2019, 03:47:07 PM
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How many posts will you create about altcoin price predictions? I do not see any purpose of the price predictions. You only wrote some numbers without any sense, without explanation why IOTA should reach... My friend IOTA has secured a lot of partnerships in several industries, including the automobile industry, the manufacturing industry, and the insurance industry. All the developments and partnerships of the coin might pay off pretty soon, and the coin's value might fly to the moon. Can you tell me about what will be the role of IOTA? It has no any other advatages and it can only become a payment system method that makes you able to create a transaction without needed any fees for transaction or almost zero fees dude. Can you tell me about that? Just curiout what will be your answer. Feelessness is only part of being suitable for microtransactions as IOT devices are going to be selling small amounts of data and services for sub penny amounts--the other part is IOTA having low resource consumption, which is why blockchain projects aren't suitable for IOT as they have higher fees and resource cosumption. |
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: February 19, 2019, 02:52:02 PM
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Some say the rally was caused by ETH because of their upcoming fork.
It just so happened to coincide with a Wall Street rally, so I'd bet on Asian and American investors feeling like they have more funds for high risk investments due to improving US/China trade negotiations. It was market wide, so a single coin's news seems less likely, but crypto is weird, so I don't dismiss it outright. |
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