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Author Topic: What is Monero's Problem?  (Read 3331 times)
prettybuds (OP)
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May 15, 2016, 11:02:39 PM
 #1

Yes. Monero is biggest s**tcoin of all. No official GUI wallet,more than two years have passed.lolol, you need shitload of RAM to run wallet, devs just promise and promise, but nothing is delivered, and list goes on.  And yes, I am Monero bagholder since day 1.

What is the problem?
Why are they so insanely arrogant and rude but don't deliver anything at all?
I really don't get it.
Who wants to live like this? Bashing everyone else yet being the worst of all oneself?!
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May 15, 2016, 11:05:30 PM
 #2

Being a botnet exclusive coin and all the retarded xmr shill spam certainly doesn't help.

Not your keys, not your coins!
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May 15, 2016, 11:11:58 PM
 #3

Just ignore it/them
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May 15, 2016, 11:35:12 PM
 #4

Monero haters might like this:

https://bitcointalk.org/index.php?topic=753252.msg14860890#msg14860890
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May 16, 2016, 12:00:50 AM
 #5

Laniakea
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May 16, 2016, 12:16:03 AM
 #6

I think the core of Monero is actually pretty solid tech but they don't have competent developers.
I don't know what they're doing but definitely not working on the coin.
(I'm a bagholder).

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May 16, 2016, 01:13:46 AM
Last edit: May 16, 2016, 01:29:06 AM by smooth
 #7

If you are really a "bagholder" you're a pretty dumb one.

1. There are multiple GUI wallets, and have been since a few months after launch. At least 5-6. If people really cared about that, they would catch on more, but they don't, because casual users are usually happy with a web wallet (why blockchain.info and coinbase are the most popular BTC wallets) and most of the more serious users are happy with CLI. Currently only one GUI is still maintained, I think, mostly due to lack of interest, but some of the others may still work.

2. You don't "need a shitload of RAM" since the database version, released January 1, 2016 (with three updates since), so almost six months now. It runs fine on Raspberry Pi 1A+ and other tiny computers (I don't think anyone has tried the Pi Zero). I've also seen screen shots showing it run in like 50 MB or less on a Mac.

What's Monero's problem? None at all really, there are just a lot of shitcoin scammers and their sock puppets (most of the posts on this thread probably, and the other one run by one of those scammers where my replies are selectively deleted) who hate us, and that's a sign we're doing something right.
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May 16, 2016, 01:39:46 AM
 #8

If you are really a "bagholder" you're a pretty dumb one.

1. There are multiple GUI wallets, and have been since a few months after launch. At least 5-6. If people really cared about that, they would catch on more, but they don't, because casual users are usually happy with a web wallet (why blockchain.info and coinbase are the most popular BTC wallets) and most of the more serious users are happy with CLI. Currently only one GUI is still maintained, I think, mostly due to lack of interest, but some of the others may still work.

2. You don't "need a shitload of RAM" since the database version, released January 1, 2016 (with three updates since), so almost six months now. It runs fine on Raspberry Pi 1A+ and other tiny computers (I don't think anyone has tried the Pi Zero). I've also seen screen shots showing it run in like 50 MB or less on a Mac.

What's Monero's problem? None at all really, there are just a lot of shitcoin scammers and their sock puppets (most of the posts on this thread probably, and the other one run by one of those scammers where my replies are selectively deleted) who hate us, and that's a sign we're doing something right.


Thank you, I just decided not wanting to be a bagholder anymore. I'll sell of my Moneros.

You are pretty 'dumb' with your shitty attacking-everyone-advertisement. Get lost!

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May 16, 2016, 06:06:49 AM
Last edit: May 16, 2016, 06:25:25 AM by sockpuppet1
 #9

What's Monero's problem? None at all really, there are just a lot of shitcoin scammers and their sock puppets (most of the posts on this thread probably, and the other one run by one of those scammers where my replies are selectively deleted) who hate us, and that's a sign we're doing something right.

No smooth there is another problem.

Monero has this attitude that they are the shit and every one else is shit. And your community disrespects those who have supported Monero.

I took so much abuse from Shen-noether, iCEBREAKER, and various other members of your community.

Now it is time for payback. Do you really think I would post that I have a technical solution to eliminate the simultaneity in CoinJoin if I don't. Sheesh. You need to teach your community that I am legit. I am really disappointed with your shit community.

So now I am shopping around for someone who can take my technical idea and make it a Monero-killer asap. So I can teach your community a lesson that they deserve.



Step 1) Open a short position in XMR
Step 2) Come to speculation thread and get "mad" about something
Step 3) Tell everyone you found an exploit/breakthrough/whatever and XMR is about to be "REKT"
Step 4) Profit

Sound familiar?

I have no speculative position in cyrpto-currency.

I have not consulted with anyone else on this technological idea who does have a speculative position on Monero or Dash, other than what I have communicated here to all of you thus all of you with equal opportunity to speculate on what I wrote.

I am not here in CC to play silly games. I don't speculate in CC. I work on technology. That is all I do. Day in an day out.

I had my head deep in creating a new programming language and I stopped suddenly because an idea popped into my head. Then I realized I had a mistake it wasn't fully formed, so I deleted the post I had made about it. Then noobtrader attacked my reputation with his snide quote of a post I deleted within 60 seconds of posting it.

So then later the next day, I thought about it again for a another minute or two, and I realized I could actually make it fully formed and prevent all the trust in the system in terms of making sure that no party can steal funds and that no party can jam the protocol.

So then I realized I had stumbled onto a way to remove the simultaneity requirement (and jamming problem) that plagues CoinJoin. I got excited. I posted about it again here and specifically to take revenge on noobtrader for disrespecting me and being a jerk.

And so what I have received so far is more of the same shit attitude from the Monero community.

Now you guys will learn that I am legit. I have no idea why you think I am not legit. If you even took the time to understand my technical research over the past 3 years, you'd realize I had made major technical insights.

Whatever! Fuck.

...something that can best be described as a hybrid between Monero and Dash.

Not really. I removed the simultaneity requirement in CoinJoin. Since when has CoinJoin been similar to Cryptonote.
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May 16, 2016, 06:33:27 AM
 #10

being a coin for elite people, when it was first launched i see only big player there, it's like they were all in agrrement for that coin lol, also the name is bad, it's just bitcoin in espagnl or something stupid

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Attack.of.the.Clones
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May 16, 2016, 07:01:01 AM
 #11


So now I am shopping around for someone who can take my technical idea and make it a Monero-killer asap. So I can teach your community a lesson that they deserve.


I don't think any coin has a distinct 'community' as such, and there aren't tribes ready to go to war with each other. I like monero, and about 20 other decent alts, and btc off course too, so I'm in all of those 'communities, and when you launch your own JAMBOX I'll probably support that, so I'll be part of your community too.

I think most crypto followers are interested in lots of coins, so if your motivation is to teach the monero community a lesson I think you'll just push people away from your project. I love football, but I don't like hooligans who use it as an excuse to fight. I want to see a great match. It's the same here; if your project is cool people will support it, and it can co-exist with monero and lots of other coins. But if you're motivated by 'revenge' you'll ultimately fail IMO
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May 16, 2016, 08:08:45 AM
 #12

Monero is worthless as a currency, slow confirmations, a codebase full with bugs, no thin client support and high inflation.

Only thing going for it is anonymity, which isn't the creation of their developers, but something they forked. Good luck with future adoption there.

smooth
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May 16, 2016, 08:21:55 AM
Last edit: May 16, 2016, 08:32:11 AM by smooth
 #13

Monero is worthless as a currency

You could be right, time will tell.

Quote
slow confirmations

Most rational cryptocurrency experts would not consider 2 minutes particularly slow, if anything it is on the fast side.

Quote
a codebase full with bugs

I see no evidence it has proportionality more bugs than any other codebase. You're talking out of your ass unless you have specific metrics.

Quote
no thin client support

This is wrong, people are using remote nodes using lightwallet (gui) or simplewallet (cli) regularly. There was just an improvement committed to this that speeds up first-sync by orders of magnitude.

Quote
and high inflation

Maybe. Somewhat subjective but in any case the inflation is certainly declining rapidly.

Quote
Only thing going for it is anonymity, which isn't the creation of their developers, but something they forked. Good luck with future adoption there.

Certainly misleading. There have been major improvements over two years since the fork. I wouldn't consider the original to have a viable solution, only the outline of one. It is certainly no longer at all competitive with Monero in terms of delivered privacy (and that's not even including the upcoming RingCT improvements).

It's also not "the only thing it has going for it". There are other valuable features such as the proven elastic block size, simplified and space-efficient transaction format, use of well-vetted and highly-efficient djb crypto codes, etc.
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May 16, 2016, 08:37:35 AM
 #14


Quote
Most rational cryptocurrency experts would not consider 2 minutes particularly slow, if anything it is on the fast side.

2 minutes is fast compared to Bitcoin yes, but let's not call 20 minute confirmations the norm. Anything above few seconds has no use as a daily currency, see cash payments. Rational experts according to you.

Quote
I see no evidence it has proportionality more bugs than any other codebase. You're talking out of your ass unless you have specific metrics.

Monero developers spent the last year fixing bugs mostly. Github is proof.

Quote
This is wrong, people are using remote nodes using lightwallet (gui) or simplewallet (cli) regularly. There was just an improvement committed to this that speeds up first-sync by orders of magnitude.

Still slow and the tech is way behind some competitors.

Quote
Maybe. Somewhat subjective but in any case the inflation is certainly declining rapidly.

Seems high to me considering any rise attempt gets dumped back since the existence of Monero. Either the inflation is high or botnets dump monero constantly (and they have low to no costs of mining) or people simply don't believe Monero should be higher. Seems currently Monero is on it's way to 0.0014 again thus even losing the battle of "store of value" compared to DASH and it already lost the currency title (see previously).

Quote
Certainly misleading. There have been major improvements over two years since the fork. I wouldn't consider the original to have a viable solution, only the outline of one. It is certainly no longer at all competitive with Monero in terms of delivered privacy (and that's not even including the upcoming RingCT improvements).

Improving shouldn't equal to creating something. I would rather see a new currency released by the bytecoin/cryptonote team, with fair distribution. They seem way more knowledged in the field.

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May 16, 2016, 09:00:30 AM
Last edit: May 16, 2016, 09:47:55 AM by smooth
 #15


Quote
Most rational cryptocurrency experts would not consider 2 minutes particularly slow, if anything it is on the fast side.

2 minutes is fast compared to Bitcoin yes, but let's not call 20 minute confirmations the norm. Anything above few seconds has no use as a daily currency, see cash payments. Rational experts according to you.

Sure, no one disagrees with that. If and when Monero has any chance in hell of being used for retail payments (which no crypto is today to any significant degree, including Bitcoin) it will have some layered solution. At this point such a thing would be useless, and the technology to do it right (not some candy-for-speculators "instant transactions" that only works because no one is seriously trying to break it, or because it has latent centralization) doesn't quite exist yet.

Quote
Quote
I see no evidence it has proportionality more bugs than any other codebase. You're talking out of your ass unless you have specific metrics.

Monero developers spent the last year fixing bugs mostly. Github is proof.

'Mostly' is not true when you consider major efforts on things like LMDB support, performance, cryptography for RingCT, etc. Bug fixes are usually small so there are many individual commits. I don't see any difference compared to other coins with active development and that actually discloses individual code changes on github (some projects do bulk commits to hide their work -- we don't). In a similar conversation recently with a Dash supporter, I pointed out that nearly all of the last 20 commits on Dash are also bug fixes. That's how software development works.

Either way, you haven't shown that there are more bugs in the code now than other coins.

Quote
Quote
This is wrong, people are using remote nodes using lightwallet (gui) or simplewallet (cli) regularly. There was just an improvement committed to this that speeds up first-sync by orders of magnitude.

Still slow and the tech is way behind some competitors.

I've not seen anyone complain about the speed, other than first-sync. When I tried it (once -- I usually use my own full node though), it was pretty fast. Certainly fast enough for current uses as a leading edge experiment and speculation given that significant point of sale usage for any crypto doesn't exist and won't exist any time soon (see above). And for that matter, 99.9% of what little point-of-sale stuff does exist today is usually unsafe Bitcoin zeroconf which you can do with Monero as well.

Quote
Quote
Maybe. Somewhat subjective but in any case the inflation is certainly declining rapidly.

Seems high to me considering any rise attempt gets dumped back since the existence of Monero. Either the inflation is high or botnets dump monero constantly (and they have low to no costs of mining) or people simply don't believe Monero should be higher. Seems currently Monero is on it's way to 0.0014 again thus even losing the battle of "store of value" compared to DASH and it already lost the currency title (see previously).

The market decides the value, I don't, and I don't really care either. The work on the technology continues, that's what most of our community is interested in (with some exceptions who are pure speculators and want to trade swings sure). Nice how you admit that you have no idea what the inflation rate is, or how it compares to other coins. You simply comment on the price, which is a pretty silly criticism considering the price is higher than all but 9 or 10 of the other cryptos in existence (and the market cap is higher than at any time in the coin's history except the very recent peak).

Quote
Quote
Certainly misleading. There have been major improvements over two years since the fork. I wouldn't consider the original to have a viable solution, only the outline of one. It is certainly no longer at all competitive with Monero in terms of delivered privacy (and that's not even including the upcoming RingCT improvements).

Improving shouldn't equal to creating something.

No, it is often worth far more. Are you are aware that most important products today are built from pre-existing software, usually open source but sometimes not (iOS -- XNU/BSD/KHTML, etc., Android -- Linux/Java/KHTML/etc., countless others), which are then combined, repackaged, and improved to make them more useful. Monero has done much the same, combining Cryptonote with LMDB, libunbound, probably a few other libraries I'm not remembering, and stuff we've developed on our own (OpenAlias, MRL improvements, RingCT, etc.) That's how software is done.

I'd apply this to Vcash too, by the way, if your scumbag developer didn't lie about using Bitcoin's code. There is nothing wrong with using Bitcoin's code and building on it (like say Dash), if the end result is good, just don't misrepresent it.

Quote
I would rather see a new currency released by the bytecoin/cryptonote team, with fair distribution. They seem way more knowledged in the field.

They did release some. Most of the other Cryptonote clone coins were run by them. They all lacked the development and community support of Monero and died. The whole game for them was trying to scam us with a hidden 82% premine. When that failed, the torch passed to Monero.

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May 16, 2016, 09:18:04 AM
Last edit: May 16, 2016, 09:58:36 AM by traumschiff
 #16


I'd apply this to Vcash too, by the way, if your scumbag developer didn't lie about using Bitcoin's code. There is nothing wrong with using Bitcoin's code and building on it (like say Dash), if the end result is good, just don't misrepresent it.



He is not "my" developer, I have no official connections to Vcash. This discussion was not about Vcash, no need to put your butthurt irrelevant opinions into the discussion. I am invested in several crypto-currencies.

I won't adress the rest of the points as my contribution in this topic was not made to argue with you. Anyone can decide for themselves if my points are accurate or not. You are obviously over invested into Monero, also you are a "core member", even tho I am not sure what that means at this point, since you are obviously not developing as much as you are using this forum (by orders of magnitude).

Also the name of the thread is "What is Monero's Problem?", you don't seem to contribute to that in any form and if you think Monero has no problems, why is it not even in the top 5 of cryptocurrencies and why is the price falling?

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May 16, 2016, 09:22:39 AM
 #17


BTC = Black Swan.
BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
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May 16, 2016, 09:51:39 AM
 #18

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What is Monero's Problem?

Some of the monero most prominent members act like bullies in the Bitcointalk forums. And that's a shame.

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May 16, 2016, 10:40:40 AM
 #19

Quote
What is Monero's Problem?

Some of the monero most prominent members act like bullies in the Bitcointalk forums. And that's a shame.



No, criticizing bad tech is criticizing bad tech and coins built on (you guessed it) bad tech don't like when you point out their bad tech--though I think vcashers are mad because they borrowed code from Satoshi and forgot to thank him/her/them.

You'd think they would be going after dash's market cap as they are in the same quick transaction market, but they also went after Bitcoin, so maybe they have a thing about attacking coins that are doing it the right way, which doesn't make sense, since strategically it would make more sense to go after the coin with similar investor profile or after a less technically proficient user base that can be more easily swayed by FUD--but whatever.... I'm sure they think they know what they're doing  Roll Eyes

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May 16, 2016, 10:58:03 AM
 #20

Quote
What is Monero's Problem?

Some of the monero most prominent members act like bullies in the Bitcointalk forums. And that's a shame.



Monero have waste member base.

Dont you think that keep opening such threads and was opened or nekroed liek 10 last week are bullying Monero?  

Coins that put tons into marketing. Sponsor most viewed altcoin podcast open threads here and claim how much Monero spends for marketing. And everyone can see it dont, and was almost nothing done in that direction.

For me when you state truth is far from bulling someone. You help those that are not informed and you even help that coin to maybe change something.


Lying is bullying. And i am disappointed on how altcoin part of forum is managed, since moderators dont help weed constant lies out.

In last 2 years there was numerous weeks when there was 5 Threads made here full of lies of Monero and then another 5 of same people why there's so much spam of Monero. That is also their marketing. And that is called bully marketing if you ask me. And trust me at end such marketing will return as a boomerang.

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