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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4559378 times)
TrueCryptonaire
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September 26, 2014, 09:18:16 PM
 #15001


ECB is printing money indeed but as I told you, it doesn't help real economy since the money is not channeled to real economy but to securities. I feel myself very retarded when I have to repeat myself.


It doesn't matter that it's not channeled to the real economy (whatever that means). You're just repeating what these clowns are telling you without questioning.

As you are so bored with repeating yourself I'll shout the point I have been making to you so finally get it: YOU ARE A FUCKING IDIOT AND COMPLETELY WRONG.

You are not making any point but only yelling like the worst internet troll.  Roll Eyes

Read my previous reactions to here. I'm done. Please also re-read your own posts. If you truly think it matters for inflation whether printed money is deployed and where it is deployed than you are truly stupid.

The rudeness doesn't bother me but the off-topic does. Please take it to Monero Economy or elsewhere if you are simply arguing about economics without some actual connection to Monero.



Yup. I am out of the stupid argument about pure economics and semantics.
My conclusion for this large OT-branch here is that why not put Monero into the bullish trend by adjusting the supply to the demand. If there is no demand for all the supplied coins (ie price goes down), there is no reason to supply too many coins. Those coins can be "saved" to later days when there is more demand.
Also, if it is made sure the supply is slightly below the demand, it makes the marketcap rising (some may want to dump but this need to be considered when re-evaluating the coin mintage).

For the adoption, it is better to make it constantly rising (it can be made only by adjusting the supply vs demand framework).
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xulescu
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September 26, 2014, 09:28:47 PM
 #15002

Yup. I am out of the stupid argument about pure economics and semantics.
My conclusion for this large OT-branch here is that why not put Monero into the bullish trend by adjusting the supply to the demand. If there is no demand for all the supplied coins (ie price goes down), there is no reason to supply too many coins. Those coins can be "saved" to later days when there is more demand.
Also, if it is made sure the supply is slightly below the demand, it makes the marketcap rising (some may want to dump but this need to be considered when re-evaluating the coin mintage).

For the adoption, it is better to make it constantly rising (it can be made only by adjusting the supply vs demand framework).

For a college student in an elite economic theory program, you DO lack reading comprehension. Re-read my posts and re-evaluate your responses.
You either (1) didn't read the replies (2) didn't understand the replies but decided to ignore them as irrelevant (3) understood the replies and decided to ignore them as inconvenient.

I will not continue this off-topic.
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September 26, 2014, 09:32:18 PM
 #15003

Restarting the discussion on Monero's tail emission on the Economics thread

https://bitcointalk.org/index.php?topic=597878.msg8985803#msg8985803
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September 27, 2014, 01:04:02 AM
 #15004

newbie question, can I check the balance of an address using a monero blockexplorer? Do ring signatures make that impossible?
thanks
dEBRUYNE
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September 27, 2014, 01:38:26 AM
 #15005

newbie question, can I check the balance of an address using a monero blockexplorer? Do ring signatures make that impossible?
thanks

Not possible, the details are explained in the whitepaper.

https://cryptonote.org/whitepaper.pdf

At 4.3.

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
David Latapie
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September 27, 2014, 01:38:51 AM
Last edit: September 27, 2014, 02:27:23 AM by David Latapie
 #15006


The same as here, but without the trolls.
This is a new thread, moderated with the monero-extended account so that there will always be one or more moderators here.

If you wish to apply for moderatorship, PM me. Also for the moment Anon136 is the modo, round-the-clock moderation is always welcome.

Personally, I'd love to see more and more traffic moving there, but the market will decide.


Monero: the first crytocurrency to bring bank secrecy and net neutrality to the blockchain.HyperStake: pushing the limits of staking.
Reputation threadFree bitcoins: reviews, hints…: freebitco.in, freedoge.co.in, qoinpro
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September 27, 2014, 03:03:02 AM
 #15007


Spoken like a true student of Bernanke. Macroprudential, right?

You're not describing adoption, you're describing a Ponzi.

I am majoring in economics at university of Helsinki in the faculty of Social Sciences (valtiotieteellinen tiedekunta). It is quite hard to get in there.  Grin I think fiat money system's advantages surpasses its disadvantages as long as the inflation is in control. Debt based system is not good one but fiat system is since it forces people buying right now instead of waiting eternally. Those who want to save money can do it in gold or silver, fiat money is not the right tool for it at least for more than a few years generally. Economy needs small inflation in order to function. On the other hand, if the inflation is too high it is also problematic. ECB targets 2 % inflation which is optimal in my opinion (not too high but not too low neither).
It is well-known fact that crypto is a pyramid but to say it is ponzi is not legit IMO.

All I said, the price of xmr should go up which encourages people buying the coin and thus increases the marketcap.
If the price is in bearish trend, it is rational to postpone the buys and if the price is going up it is rational to buy immediately.
The challenge is to find the exact rate of emission which goes along with the pace of adoption. Ideally the emission should be a little lower than the adotion rate since some long term bagholders might want to sell and it shouldn't cause volatility too much ideally so there should be constant shortage of the coins in the market in order to keep the marketcap rising.

Also, there is no incentive to dump coins if the coin price is rising steadily because of the opportunity cost of loosing some of the gains.

Interesting theory.
I typically do the opposite so it is reassuring that I will have lots of students at your school on the opposite side of my trades. 
I tend to buy more when the price is low and less when it is going up.
Sometimes I might even sell a few if the price goes up higher than I think it should be.

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Cryptobro
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September 27, 2014, 04:08:08 AM
 #15008

Can someone in the know comment on a possible TW attack underway?

https://bitcointalk.org/index.php?topic=789978.msg8988462#msg8988462
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September 27, 2014, 04:14:35 AM
 #15009

Can someone in the know comment on a possible TW attack underway?

https://bitcointalk.org/index.php?topic=789978.msg8988462#msg8988462


I always pick the wrong time to buy in. Shit

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September 27, 2014, 05:12:38 AM
 #15010

Can someone in the know comment on a possible TW attack underway?

https://bitcointalk.org/index.php?topic=789978.msg8988462#msg8988462


I always pick the wrong time to buy in. Shit
I hope it can be mitigated.
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September 27, 2014, 05:15:04 AM
 #15011

So with time warp attack the attacker basically turns his hashing power on and off in a pattern of resonant frequency? Am i understanding this right? I haven’t actually heard the name before but when studying bitcoin years ago i decided against buying in because I imagined this sort of attack. (boy what i mistake, i still bought in relatively early but i wish i had bought in *THAT* early).
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September 27, 2014, 07:02:05 AM
Last edit: April 19, 2015, 05:55:58 AM by Nekomata
 #15012

XMR is the future.
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September 27, 2014, 08:09:05 AM
 #15013

There is nothing going on, he is playing with the blockchain accepting blocks from different timezones, he is a total clown

A clown, and dedicated to get his last show on stage ongoing and going and going. He knows the curtain falls for him the last time.

In my culture it is custom to expect a Dernièrengag now. I assume that any applaus, if any at all, would not be for the performance itself but for the show ending at last!
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September 27, 2014, 08:24:51 AM
Last edit: April 19, 2015, 05:55:58 AM by Nekomata
 #15014

XMR is the future.
Cryptobro
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September 27, 2014, 09:24:55 AM
 #15015

All of that may be true, however...can we get some official word from the core team on the latest developments?
BCX is implying his TW attack is already running and having an affect on the block chain. Can we disprove that with 100% certainty?
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September 27, 2014, 09:34:14 AM
 #15016

Can we disprove that with 100% certainty?

No we can not disprove the existence of something. We see no suspicious activity. Beyond that we aren't going to comment on rumors and speculation.
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September 27, 2014, 09:38:22 AM
 #15017

Can we disprove that with 100% certainty?
We see no suspicious activity.

That's all I needed to hear.

Thank you.
rangedriver
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September 27, 2014, 10:16:40 AM
 #15018

XMR killed JFK.
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September 27, 2014, 10:18:33 AM
 #15019

Can we disprove that with 100% certainty?

No we can not disprove the existence of something. We see no suspicious activity. Beyond that we aren't going to comment on rumors and speculation.


I say aliens are trying to steal Monero through a wormhole timewarp loop, can you disprove that smooth? Cheesy

so I sleep better.

This is how I imagine BCX's Timewarp:


TheKoziTwo
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September 27, 2014, 01:08:59 PM
 #15020



~TKT~

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