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721  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: April 06, 2015, 05:19:14 PM
"We must just do the best we can, now as always."

"Fear is failure; I must dare to do wrong. Good!"

"Apparently the method is just this: to store up—no matter how—great treasures of energy and purity, until they begin to do the work themselves (in the way the Hindus call 'Sukshma')."

"Don't worry; work!"

"Reward is the direct and immediate consequence of Work."

"I think that every failure will be certainly traceable to my own damn foolishness, every little success to courage, skill, wit, and tenacity.
722  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: April 06, 2015, 04:55:04 PM
But if they instead generated a unique address(es) for each account, wouldn't that mean that there is no need to deal with payment IDs? I'm ignorant here. 
723  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: April 06, 2015, 04:38:38 PM
Do what thou wilt, because either way you'll learn!

"At all times sincere friends of freedom have been rare, and its triumphs have been due to minorities, that have prevailed by associating themselves with auxiliaries whose objects often differed from their own; and this association, which is always dangerous, has been sometimes disastrous, by giving to opponents just grounds of opposition, and by kindling dispute over the spoils in the hour of success. No obstacle has been so constant, or so difficult to overcome, as uncertainty and confusion touching the nature of true liberty. If hostile interests have wrought much injury, false ideas have wrought still more; and its advance is recorded in the increase of knowledge, as much as in the improvement of laws."
Lord Acton, "The History of Freedom in Antiquity", 1877

Love is the law.
724  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: April 06, 2015, 04:23:08 PM
Let me ask how Tristan does it and I'll get back to you, unless someone else can enlighten us. I'd hope he'd have a cold wallet for the majority of the funds and a hot wallet he can deposit in manually, depending on the rate of withdrawals. This is more or less how BFX does it

https://www.bitfinex.com/pages/security
725  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: April 06, 2015, 04:13:28 PM
....

Offtopic edit: reflecting on writing this, I now realize why I scored higher for "perceiving" than "judging" on this Myers-Briggs test I just took again after someone mentioned the INTJ archetype on the other thread Smiley
ENTP here.

The visionary! I'm an INTP myself Smiley though I think the previous time I took it I was INFP, but before that INTP again too.

We all have such importance in our lives Smiley
726  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: April 06, 2015, 03:47:47 PM
Anybody knows someone from Bitfinex?

BTW - Does anyone know about this? Were Darkcoin scammers trying to increase the supply at will?

https://docs.google.com/document/d/1f7z840EcKjGNr7jZTwHL1u5HDTGNqHeeCszrR0Iy1J8/edit?pli=1
My colleagues at Omni work pretty closely with Giancarlo, their CFO, and I've had friendly chats with him and Raphael,  but I think it should be a matter of merit that convinces BFX to exchange XMR. Edward Moncada, Darkcoin Foundation member and one of Otoh's good buddies, told me he worked together with Otoh to convince (probably bribe) BFX to accept DRK. We should just present a good economic case instead and build up volume organically to the point BFX and other exchanges realize they're missing out on commissions/a great posturing opportunity. This is probably easy when the devs finish the official release (not so easy).
727  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: April 06, 2015, 02:35:39 PM
I have a lot of uncomfortable admiration for Monero traders and folks with large balances in Poloniex, although it is possible that most of them don't fathom what they are dealing with when it comes to Monero or the sudden rise that will happen with no way to get back the trading gambling stash.

What do you mean by this?

If Poloniex were to get hacked, there'd be no easy way to buy back what gets lost.

...unless the hacker might want to leverage the state of fear induced by lack of coin to sell off the stash asap.
728  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: April 06, 2015, 08:24:38 AM
^^TrueCryptonaire did say "most optimistic". A possibility where Monero passes Bitcoin is if Bitcoin fails something crucial that Monero proves to be capable of. With the road that Bitcoin paved/is paving, operators can trivially accept Monero as the market calls for it, accelerating to the 10% critical adoption point through the rest of Bitcoin's network faster than one might expect.

Offtopic edit: reflecting on writing this, I now realize why I scored higher for "perceiving" than "judging" on this Myers-Briggs test I just took again after someone mentioned the INTJ archetype on the other thread Smiley

Are people forgetting the single large volume buys that took us to 400+? Seems weird how people are scared the price went down again.


Monero can realistically replace btc in 3 years (the most optimistic scenario).

No  Cheesy

I am glad that you had such a fundamental arguments backing your point.

You didn't exactly set the best example for the guy lol though at least I generally share your general sentiment Smiley
729  Other / Off-topic / Re: Scientific proof that God exists? on: April 06, 2015, 06:16:59 AM
Mitochondrial DNA evolution seems more complex than the OP article assumes:

Or if you want something bigger to pray to then we have SOL, our life enabling star.

Sol Invictus.  The unconquered sun.  This was for a brief time a competing monotheistic religion in the Roman empire.  Held on December 25th, there was the festival of the unconquered sun.  It had to compete with Jupiter and his gang that had been already established.  Call him Sol Invictus.

sdp

 

Quote
“For three days, December 22nd , 23rd, and 24th, the Sun rises on the exact same latitudinal (declinations) degree. This is the only time in the year that the Sun actually stops its movement northward or Southward in our sky. On the morning of December 25th the Sun moves one degree northward beginning its annual journey back to us in the Northern Hemisphere, ultimately bringing our spring. Anything steadily moving all year long that suddenly stops moving for three days was considered to have died. Therefore, God’s Sun who was dead for three days, moves onedegree northward on December 25th and is symbolically born again.
http://www.bibliotecapleyades.net/sociopolitica/atlantean_conspiracy/atlantean_conspiracy44.htm

And happy Easter:
Quote
The Book of Mark is the Book of Mars. The planet/archetype Mars is the ruler of Aries which makes the Book of Mark, in zodiacal terms, the Book of Aries. The word “arise” comes from Aries [Horus:Sun, Aries:Arise; horizon], as it is the first house of the zodiac where the sun arises during the spring equinox/Easter.
 
Aries month is April which comes from the Latin “aperio,” meaning to open or begin. Just as Aries is the first zodiacal sign, April was (and still is in many cultures) the first month of the calendar year. To the ancients, the spring equinox was a more appropriate calendrical beginning because it is when the daytime hours officially overtake the nighttime hours. The Sun is resurrected, its light triumphs over darkness, and Gaia begins to bloom again.

But I'd prefer to pray to where the Sun comes from Smiley
730  Economy / Speculation / Re: Here comes the big money... on: April 06, 2015, 06:10:47 AM

Thank you. I don't understand why they would bid over spot though?

They're likely place holder bids, expect it to adjust (probably drastically) when someone actually is willing to sell some shares.

Are these basically public limit orders?

What's the advantage to having a placeholder instead of just submitting a bid at or right before open? My thoughts lie on manipulation/appearing a certain way, but I'm ignorant of other reasons.
731  Economy / Economics / Re: Economic Devastation on: April 06, 2015, 06:07:44 AM
Choice or Constraint? Mass Incarceration and Fertility Outcomes Among American Men
http://faculty.washington.edu/blsykes/Publications_files/fertility_incarceration_v8-1.pdf

Legalized abortion and crime effect
http://en.wikipedia.org/wiki/Legalized_abortion_and_crime_effect

Junk science. I won't waste my time ripping those theories to shreds. Let it be an exercise for readers to figure out.

Hint. Involves Texas, and shooting barns Smiley
732  Economy / Speculation / Re: Here comes the big money... on: April 06, 2015, 06:03:40 AM

One share of GBTC represents 0.1btc. Minus fees.

Thank you. I don't understand why they would bid over spot though?
733  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: April 06, 2015, 05:39:11 AM
Another one I like Smiley

"Here's to the crazy ones"
734  Other / Politics & Society / Re: Tactic to attack on our communication- bombarding us with useless information on: April 06, 2015, 03:44:10 AM
http://en.m.wikipedia.org/wiki/Operation_Mindfuck
735  Economy / Speculation / Re: Here comes the big money... on: April 06, 2015, 03:41:19 AM
Wall street big money, this have been mentioned for thousands times, but seems they never come with their big money and big pump to market. Anyway I'm glad we back to $260 today.

I feel like sophisticated finance is not the type to accumulate like every day people. I imagine some sort of crazy math refined by stress testing rakes up all the money from normal speculators, no matter which direction they want to go.  We know they're definitely in Bitcoin. Why would you rather pump up the price making everyone rich when you could keep more of the fiat influx to yourself setting up trading ranges you can more or less control i.e. profit in both directions? But maybe I'm too paranoid.
736  Other / Politics & Society / Re: Tactic to attack on our communication- bombarding us with useless information on: April 06, 2015, 01:02:50 AM
"Anyone in the United States today who isn't paranoid must be crazy.”
737  Economy / Speculation / Re: Here comes the big money... on: April 06, 2015, 12:33:27 AM
I think you're right. The articles (advertisements in my mind) from the big press outlets seem to be getting more priming-the-pump'ish just this year.

Two years ago some of us would've shit a brick at being mentioned in WSJ.

What about security though? Even if there are regulations in place, it still seems investors are weary because nothing has really been figured out about incidents like mt gox, and hundreds of millions of dollars worth of btc seemingly disappearing

A matter of competence and honesty.
738  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: April 06, 2015, 12:12:29 AM
look guys, you aren't going to get anywhere trying to pay software engineers in water rations from your village in bumfuckistan

Nobody pays anybody in lines of code

"Good coders" don't continue to live in places that pay 4000 euros a month, or 6000 euros a month, or 8000 euros a month, they all go to NY and SF and make way more than that, in U.S.DOLLARS, and everyone else is a subpar coder and/or preoccupied with the exact same reason that they can't go live in NY and SF

your poor cryptocurrency economy is going to stay poor as it will not be able to attract talent, there will be a continual brain drain from software engineers every time they see some 0.5 XMR bounty that some schmuck says "but it will be worth more in the future"

EVERY schmuck is trying to get software engineers to work for a stake in something greater, EVEN THE COMPANIES THAT ARE PAYING 200,000 USD PER YEAR ARE ALSO PAYING IN SHARES, OPTIONS, AND OTHER ASSETS POTENTIALLY WORTH MORE IN THE FUTURE

the database merge was coming soon since December 2014.

There's something to be said about intellectually stimulating, worldly motivating challenges that also attract talent. Sometimes it brings the best talent, sometimes it doesn't, but either way usually things like this cull out the best in those committed to not so much personal wealth but active revolution.
739  Economy / Speculation / Re: Here comes the big money... on: April 05, 2015, 11:54:22 PM
I think you're right. The articles (advertisements in my mind) from the big press outlets seem to be getting more priming-the-pump'ish just this year.

Two years ago some of us would've shit a brick at being mentioned in WSJ.
740  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: April 05, 2015, 11:15:38 PM
In this camp I've had kazuki on ignore  Cheesy /ot
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