Now is the time to buy, considering that rumor says the webwallet is out in 2 weeks..
troll asci art clipped Your point? price now is the first time that the price is higher than the price at the time the post recommended a buy? Maybe think for yourselves? |
|
|
|
relevant enough xpost When I read this writing, I immediately was reminded of how this forum operates and the behavior of people around here operating under the self proclaimed title of "scambuster" or something similar claiming to be doing a "service for the community". In reality they are only seeking public justification for relentlessly harassing targeted individuals so they can continue to do so without repercussion, at the expense of the entire community. Social justice warriors are active here on Bitcointalk, only here they like to call themselves "scambusters", and they are every bit as obsessive compulsive, narcissistic, and fascist. Unfortunately this is a global issue, not just effecting Bitcointalk. Real oppressors always wear the skin of a liberator, this way they can get all of the true believer's packed with cognitive dissonance to mindlessly dump hate upon targets they designate. This is a growing problem for all walks of life. Please be on the alert for this sociopathic behavior disguised as justice. http://thoughtcatalog.com/joshua-goldberg/2014/12/when-social-justice-warriors-attack-one-tumblr-users-experience/http://fff.org/explore-freedom/article/creating-a-culture-of-denunciation/ |
|
|
|
This has nothing to do with economics or price speculation, but is anyone here a biologist, biochemist, geneticist, etc? Just wondering if it's feasible at all to have the blockchain emulate biological characteristics(Like that of a small animal). I just thought about how a private blockchain such as Monero's would be perfect for such a thing(As the brain, body is "private" until the owner/person wishes otherwise(No one can read your thoughts for example) and not open like a transparent blockchain).
See https://github.com/DavidJohnstonCEO/DecentralizedApplicationsBitcoin is not an experiment. It is a living organism - much like a virus. It mutates.
The blockchain is like its DNA, with us, the market participants, as its ribosomes that read the DNA and eventually craft the proteins so necessary for its function. Organic proliferation is a beautiful thing; a simple time function  Now, to answer your question literally... yes, it's possible, but the latency of writing such an extraordinary amount of information in between each generation would only seem practical in virtual simulation, considering relative time. |
|
|
|
the government should be freaking out about the potential implications of this tech. but they aren't. at all. not even a wiff of it. firmly in the ignore stage.
Well, there *is* a "whiff" of it, so to speak. During the Jan 2013 NYDFS BitLicense exploratory panels, Lawsky made some comment to the effect of: "...maybe we need to require that all virtual currencies use a transparent ledger" (paraphrasing). Remember, Zerocash has been on the radar for a while. In any event, I think Bitcoin kind-of luck-boxed into being something that govs can accept. There's some quote from Satoshi where he basically outlines something akin to ring-signatures as a desirable design, but didn't have an implementation for it. If he had, and Bitcoin had been launched with native robust privacy, I fear it's path would've been *much* more difficult. As is, I think it's path is workable and probably leads to much higher market cap. Some people around here seem to underestimate the degree to which truly aggressive widespread multi-government legal action would curtail adoption and value. So I think Bitcoin kinda stumbled into this (from a practical perspective) best of both worlds scenario, where it *can* afford reasonable privacy via various techniques, yet is palatable to govs because it *is* an open ledger. That said, I think the native-privacy niche is the big one to be filled by an alt, and Monero has a nice shot at eating the market-caps of many of the other top-10 coins. Bitcoin is a Trojan horse. |
|
|
|
guys please take it easy. i know times are crazy, some allready are very in the green, but we are still far far away from all this.
What's wrong with a little mania among friends? nothing really! i am also an uber bull if i am honest. but there is the slight chance some new users make wrong decissions possibly maybe whatever  (this does NOT mean it's not a good decission to buy right now  ) ps, we need a wall observer incl. chartbuddy  Good, I hope they make wrong decisions sooner so they make less wrong decisions sooner. |
|
|
|
the government should be freaking out about the potential implications of this tech. but they aren't. at all. not even a wiff of it. firmly in the ignore stage.
Implications? Freaking out? It makes tax laws almost unenforceable. Not entirely because if you work at mcdonalds and buy yourself a boeing 747 for personal use one day they might just have some questions. But in a lot of cases it does. They could still jail you. Fine you. Disrupt every aspect of your life that's not financial. Alternatively, if StateCoin comes to pass, they'll just centralize the hardware / network and then there will be no way to AVOID tax laws if you use statecoin (and you'll have to if it becomes == USD), because the taxes are the transaction / mining fees. Unfortunately, this is the equivalent of a sales tax, which are not progressive. We already have USD-Tethers there's no point to StateCoin. And there is a way to avoid tax laws if you don't cash out USD-Tethers or any coin for fiat, making you liable to said tax laws. Don't play in their sandbox if at all possible and instead play on this here nice beach we have No, by "statecoin" I mean a private crytpocurrency network run by the state, on specialized hardware. https://www.cryptocoinsnews.com/federal-reserve-bitcoin-strategy/i.e., its just like bitcoin in every respect except you can't mine it. no one can mine it except the federal reserve. You can have a wallet software to access your accounts on the ledger. Its still a cryptocurrency. The same hashing and ledger storage will be done, but just centralized. Every existing federal reserve location will be a node / mining farm. http://en.wikipedia.org/wiki/List_of_Federal_Reserve_branchesTHIS, imo, is inevitable. Good, at least we'd know how many FRAUDcoins are in the blockchain. |
|
|
|
the government should be freaking out about the potential implications of this tech. but they aren't. at all. not even a wiff of it. firmly in the ignore stage.
Implications? Freaking out? It makes tax laws almost unenforceable. Not entirely because if you work at mcdonalds and buy yourself a boeing 747 for personal use one day they might just have some questions. But in a lot of cases it does. They could still jail you. Fine you. Disrupt every aspect of your life that's not financial. Alternatively, if StateCoin comes to pass, they'll just centralize the hardware / network and then there will be no way to AVOID tax laws if you use statecoin (and you'll have to if it becomes == USD), because the taxes are the transaction / mining fees. Unfortunately, this is the equivalent of a sales tax, which are not progressive. We already have USD-Tethers there's no point to StateCoin. And there is a way to avoid tax laws if you don't cash out USD-Tethers or any coin for fiat, making you liable to said tax laws. Don't play in their sandbox if at all possible and instead play on this here nice beach we have |
|
|
|
There are many in "ignore" stage, but typically they "ignore" BTC as well.
Again, my observation only.
And so they will until they can't. C'est la vie. Might as well immanetize the eschaton a bit with some laughing and light-hearted fighting. They already let the pejorative cat out of the bag when they legitimized Bitcoin. Hail Eris! |
|
|
|
Where I live at least, some have gone from "laugh" to "fight" already, and that is intensifying. Bets hedged, waiting if the next stage comes Laugh, fight, win—life You forgot a stage :-P "First they ignore you, then they ridicule (laugh at) you, then they fight you, and then you win." The ignore one is what I meant :-P I meant that life is reciprocal. |
|
|
|
Where I live at least, some have gone from "laugh" to "fight" already, and that is intensifying. Bets hedged, waiting if the next stage comes Laugh, fight, win—life You forgot a stage :-P "First they ignore you, then they ridicule (laugh at) you, then they fight you, and then you win." What stage? He/she most certainly is as he/she is employing a Bitcoin service paid in XMR.
From my perspective, I would only be using Monero. Sure if that's what makes you feel nondissonant inside. |
|
|
|
Once Monero has a GUI, I doubt I will ever use Bitcoin again. Monero will be superior in every possible way.
lol you can buy what, exactly, with monero? Bitcoins, as an appcoin for xmr.to. I doubt I will ever use Bitcoin again He's not, the merchant and xmr.to are. He/she most certainly is as he/she is employing a Bitcoin service paid in XMR, to access merchants denominating in Bitcoin and not Monero. |
|
|
|
Once Monero has a GUI, I doubt I will ever use Bitcoin again. Monero will be superior in every possible way.
lol you can buy what, exactly, with monero? Bitcoins, as an appcoin for xmr.to. I doubt I will ever use Bitcoin again |
|
|
|
Once Monero has a GUI, I doubt I will ever use Bitcoin again. Monero will be superior in every possible way.
lol you can buy what, exactly, with monero? |
|
|
|
Where I live at least, some have gone from "laugh" to "fight" already, and that is intensifying. Bets hedged, waiting if the next stage comes Laugh, fight, win—life |
|
|
|
With XMR.TO we can send to a btc address privately. What needs to be done in order to receive privately from a btc address?
Create new Bitcoin address and never spend that coins/ use mixer/ exchange them back to monero Bribe us to implement the other direction!  No, seriously: if there's considerable interest, we might consider implementing BTC->XMR. It's not on the dev schedule as of yet, as we weren't sure about its usefulness. Opinions? Think its a great Idea.... New to Monero but so far loving everything I have been researching...Could do with out seeing the devs/faces of the project plastered everywhere arguing with every god dam thread but hey, ..this is crypto ................ I think making it BTC->XMR could be a big help to drive user adoption and reduce friction in the XMR purchase process. Having away to seamlessly go from Mass adoption (BTC) to Monero can be nothing but helpful. Its basically a Monero tailored ShapeShift.io (Which if I read correctly erik will be adding Monero to shapeshift in the near future!!) Did I really start a meaningful discussion? How novel. My original thought was that btc coming from let's say a poker or sportsbook site could be tracked. Given the restrictions recently implemented by coinbase it seemed there was a need to receive privately from a btc address. I'm sure there are other examples. It seems that there is more to it than I originally thought. As far as shapeshift, it has been soon for a while now and I have no expectations. @arnuschky, I don't have much to bribe you with. Except a good idea?? |
|
|
|
… there are no XMR "investors". Monero is a medium of exchange and a store of value. If individuals purchase units of Monero they do not directly enrich me or the rest of the core team.
really? Of course they don't. They don't even necessarily increase the price if they don't buy at higher prices than previous investors did. Some new investors showed up during the low period, they bought slowly and cautiously, not bidding up the price. Either way the money from investors doesn't go into the project the way selling stock in a company does. Currency "investors" are always speculators; they are not buying a productive asset of any kind.ok. got it. lol! anyway I think what smooth might mean is that Monero as a currency won't find a productive use like say, gold has, past what it already does since inception. One monero will always be that entry in a private ledger, ultimately. The only thing that changes is how we interact with the protocol ruleset that allows as such. Let's hope so! Does having a public ledger (BTC) changes this? i.e. more like gold/ a "productive asset"? BTC and Monero are both public ledgers in the sense that anyone and everyone can verify that the information coming from the blockchain is valid. However, the structure of the two technologies differ in their manner of encrypting the link between transactions, where with Bitcoin you can link one transaction to another quite easily, and Monero you can't, thus making Monero both a private and public ledger. That this is how Monero simply is doesn't change anything about it. Fair enough. Although I wonder if (at least psychologically) the increased visibilty of BTC token on the blcokchain and the ability to take a god-like glance at the distributin of wealth and the balance in any address makes it SEEM more of assetFor example, let us say the kings of BTC and XMR both have bejeweled crowns, but the XMR kings's is invisible. How do we know he's king? Plesae forgive the bizarre metaphor, thanks. By his having the keys to his kingdom? In Monero, when you have the private key of an address you can reveal a viewkey that also shows that n XMR really do belong to X public key. You can flaunt your wealth as you wish! |
|
|
|
With XMR.TO we can send to a btc address privately. What needs to be done in order to receive privately from a btc address?
Create new Bitcoin address and never spend that coins/ use mixer/ exchange them back to monero Bribe us to implement the other direction! No, seriously: if there's considerable interest, we might consider implementing BTC->XMR. It's not on the dev schedule as of yet, as we weren't sure about its usefulness. Opinions? Think its a great Idea.... New to Monero but so far loving everything I have been researching...Could do with out seeing the devs/faces of the project plastered everywhere arguing with every god dam thread but hey, ..this is crypto ................ I think making it BTC->XMR could be a big help to drive user adoption and reduce friction in the XMR purchase process. Having away to seamlessly go from Mass adoption (BTC) to Monero can be nothing but helpful. Its basically a Monero tailored ShapeShift.io (Which if I read correctly erik will be adding Monero to shapeshift in the near future!!) XMR.me! |
|
|
|
… there are no XMR "investors". Monero is a medium of exchange and a store of value. If individuals purchase units of Monero they do not directly enrich me or the rest of the core team.
really? Of course they don't. They don't even necessarily increase the price if they don't buy at higher prices than previous investors did. Some new investors showed up during the low period, they bought slowly and cautiously, not bidding up the price. Either way the money from investors doesn't go into the project the way selling stock in a company does. Currency "investors" are always speculators; they are not buying a productive asset of any kind.ok. got it. lol! anyway I think what smooth might mean is that Monero as a currency won't find a productive use like say, gold has, past what it already does since inception. One monero will always be that entry in a private ledger, ultimately. The only thing that changes is how we interact with the protocol ruleset that allows as such. Let's hope so! Does having a public ledger (BTC) changes this? i.e. more like gold/ a "productive asset"? BTC and Monero are both public ledgers in the sense that anyone and everyone can verify that the information coming from the blockchain is valid. However, the structure of the two technologies differ in their manner of encrypting the link between transactions, where with Bitcoin you can link one transaction to another quite easily, and Monero you can't, thus making Monero both a private and public ledger. That this is how Monero simply is doesn't change anything about it. |
|
|
|
|
Drink lots of water with (and be careful)!
|
|
|
|
|
Show Posts
