The 0.9 release.

I am not familiar with the attack on Novacoin. There are various attacks against POS coins that have been discussed at length. The attack I formulated, the Second Pirate Savings and Trust, https://bitcointalk.org/index.php?topic=897488.msg10182752#msg10182752 is based entirely on borrowed stake, which the coin network simply cannot detect. The borrowed stake is generated with the model of the infamous First Pirate Savings and Trust.

With Dash such an attack is actually a lot simpler since there is no need for a bear raid / ponzi to generate the borrowed stake. One simply offers to borrow Dash, from those with less than 1000 Dash, and pay a rate somewhat below the net masternode return. The proceeds are then used to set up a large number of masternodes all with borrowed stake. The attacker could then for example put up a large amount of Monero as collateral to short Dash while at the same time unleashing the rouge masternode attack on the Dash network. Monero is actually a good choice here because the DASH/XMR rate has been very stable over the last few months and the current development vs lack of updated binaries dynamic in Monero.

Edit 1: There is simply no way that the Dash network or the attacker for that matter can detect when the Monero developers are going to release version  0.9 of Monero.
Edit 2: In this case the attacker is playing the DASH/XMR spread (short DASH long XMR) so sudden rise in the price of XMR before the rouge Dash masternode network is set up would likely derail the attack.

Fractional reserve is not going to go away. This is why proof of stake coins do not work.

Here are the definitions for the United States https://en.wikipedia.org/wiki/Money_supply. What I called M0 is more properly called  Monetary Base or MB in the USD equivalent.

1) Notes and coins in circulation (outside Federal Reserve Banks and the vaults of depository institutions) (currency)
Monero equivalent examples: Monero in an active personal wallet
2) Notes and coins in bank vaults (Vault Cash)
Monero equivalent examples: Monero held by an exchange (actual amount held by the exchange in thier wallets) Monero in an offline wallet stored in a bank vault on some other secure place etc.
3) Federal Reserve Bank credit (required reserves and excess reserves not physically present in banks)
Monero equivalent examples: Not applicable.

M1 and higher. Some kind of fractional reserve backed in whole or part by promises to pay. Bitcoin example: Goxcoin. Contract for difference with a broker such as AvaTrade (partially baked by USD) etc.  Monero example. Promises to pay Monero by a short on Poloniex partially backed by Bitcoin, Dash etc

Actually in this case it would be Monero, which at this point is way more illiquid than Bitcoin. The effect is to force delivery of M0 so if the exchange does not have 100% M0 reserves it places further upward pressure on the price. Even if the exchange has 100% reserves there are critical factors related to delay in delivery such as the time it takes to clear the funds on the blockchain (number of confirmations), retrieving the moneroj from a cold wallet, synchronising the node and wallet, if it has not been actively used and last but not least the emotions of the prospective seller. It is easier to sell if the moneroj are already on the exchange than if the seller has to jump over a set of hoops in order to get the moneroj to the exchange in the first place.

On a more practical note the current Monero lending market on Poloniex has not been stress tested during an actual real market short squeeze on Monero, particularly one where the margins of the shorts are completly wiped out and the short squeeze continues.

39. Rg1

Microsoft has had a terrible track record in many cases when it come to investing. The offer to purchase for Yahoo in early 2008 just before the 2008 market crash came to mind.

Combined with no tagged binary release in over a year.

Something tells me this can be the perfect setup for a brutal short squeeze.

Edit: In this kind of market I am a strong believer in staying long and taking delivery. Taking delivery has been proven to be the most effective method of squeezing the shorts to the wall. In this case, in order to take delivery, this means compiling the Monero software from source on GNU/Linux.

Could you please fix the links in the quotation. Thanks

Edit 1: Here is the original Reddit post with working links. https://www.reddit.com/r/tech/comments/3wgcrz/the_ethereum_computer_securing_your_identity_and/cxwe78p?context=3 Thanks to dEBRUYNE

Edit 2: Links in the original quotation are now fixed.

I agree with the hold / average down strategy for XMR at this point. In terms of CAD it is closer to 125%  over this years low's (0.60 CAD vs 0.26 CAD) due to the rise of XBT and the fall of CAD. The latter due to the fall in oil prices.

In the medium to long term I actually see the downward risk of XMR to be way lower than for XBT in terms of either major fiat currencies or precious metals. While the upside for XMR is likely to be also way higher than for XBT. This is due to the blocksize / scaling issue in XBT, which is not going away because of segregated witness or the other proposals. Contrary to the most commonly held opinions, I remain convinced that there is a very significant chance that XMR could even replace XBT as the lead crypto - currency due to the blocksize / scaling issue in XBT which is simply not a problem with XMR.

Then there remains the whole development discrepancy. XMR is the sixth most actively developed crypto currency https://www.coingecko.com/en?sort_by=developer_score, while at the same time there has not been an official release in over a year. The result of this is to give a completely false impression of development in XMR to many market participants. My take is that this has created an extremely dangerous situation for anyone who is trading XMR short term on the short side.

Edit: Here we go again: Over 13,000 unconfirmed transactions in Bitcoin with most of the blocks full. https://blockchain.info/unconfirmed-transactions

There is no reason why Monero cannot add the same type of value to Dash pending the development of Dash Evolution, including the speeding up of Darksend and the blinding of the masternodes. I noted this on another thread.


Cross chain mixing using Monero does work right now.

Yes. DASH/XMR has been in flat trading range for close to six months. https://www.poloniex.com/exchange#xmr_dash

Thank you. I am in and figured out how most of the commands work. As for the health challenge my character is maxed out for eating and drinking already.

In 2009, who could conceive that one bitcoin would cost 50 cents

http://historyofbitcoin.org/

There is also humour in doing this "by the book" by "officially" recognising the re-brand.  

How do I go about gaining online access to my character to either recover my character or probate my character's estate as the case may be.

Thanks

Can we please fix ajiekceu4 with 7666 XMR. He or she belongs in 8th Dan and should also be recognized on https://getmonero.org/getting-started/donate/ with the other 8th Dans and above. Thanks

Edit: Should not "Bag of Darkcoins" be replaced with "Bag of Dash" to reflect the name change that took place last spring.

38. Be4

Dash is not a threat to any alt-coin let alone Bitcoin ever since the Evolution announcement.  I mean 12- 18 months for a stable prototype with estimates in the 3-5 year range for a "gold" release. This is an eternity in crypto currency.

https://www.dash.org/evolution/