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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4293811 times)
David Latapie
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February 18, 2015, 09:29:33 PM
 #20101

From May28, 2014 to Dec31, 2014 the year is mistakenly displayed as 2015.
Thanks corrected Smiley Too bad I cannot let the wiki open to anyone because of spam - but any one register can modify it (that's the point of a wiki)

Also, I would like to share an excellent quote on Reddit:
Quote
Remember, electronic cash is easy. Anyone can do it. Facebook could do it tomorrow if they wanted. All it involves is a centralized ledger.
Anonymous electronic cash is harder, but Chaum figured out how to do it in the early 90s.
Decentralized electronic cash is even harder. That's Bitcoin.
Decentralized anonymous electronic cash is even harder. That's the next step.
Monero: the next step.

Fluffy's answer below is worth it too.
(go upvote!)

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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February 18, 2015, 09:36:30 PM
 #20102

From May28, 2014 to Dec31, 2014 the year is mistakenly displayed as 2015.
Thanks corrected Smiley Too bad I cannot let the wiki open to anyone because of spam - but any one register can modify it (that's the point of a wiki)

Also, I would like to share an excellent quote on Reddit:
Quote
Remember, electronic cash is easy. Anyone can do it. Facebook could do it tomorrow if they wanted. All it involves is a centralized ledger.
Anonymous electronic cash is harder, but Chaum figured out how to do it in the early 90s.
Decentralized electronic cash is even harder. That's Bitcoin.
Decentralized anonymous electronic cash is even harder. That's the next step.
Monero: the next step.

Fluffy's answer below is worth it too.
(go upvote!)

Very nice, simple comparison.
David Latapie
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February 18, 2015, 09:44:33 PM
 #20103

From May28, 2014 to Dec31, 2014 the year is mistakenly displayed as 2015.
Thanks corrected Smiley Too bad I cannot let the wiki open to anyone because of spam - but any one register can modify it (that's the point of a wiki)

Also, I would like to share an excellent quote on Reddit:
Quote
Remember, electronic cash is easy. Anyone can do it. Facebook could do it tomorrow if they wanted. All it involves is a centralized ledger.
Anonymous electronic cash is harder, but Chaum figured out how to do it in the early 90s.
Decentralized electronic cash is even harder. That's Bitcoin.
Decentralized anonymous electronic cash is even harder. That's the next step.
Monero: the next step.

Fluffy's answer below is worth it too.
(go upvote!)

Very nice, simple comparison.
I created an advocacy page on the wiki. If you register, you can edit it and add some quote and links. The goal is to have material to market Monero. Have some explanations in mind and haso ready-made quote for mention in passing, elevator speech... is great and for that, one needs preparation. So grab you bookmarks and share them Smiley It is OK if it is messy, it will get improved with time.

Monero: the first crytocurrency to bring bank secrecy and net neutrality to the blockchain.HyperStake: pushing the limits of staking.
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ArticMine
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February 18, 2015, 10:34:56 PM
 #20104

It's now 15k XMR per day, which is $3,000.

It's $100k per month, and barely absorbed. But when things change, they change quickly. As I've been saying, one person getting interested will turn the tables Smiley

This would support my technical scenario of a failed bear market with a truncated 5th Elliott Wave. https://bitcointalk.org/index.php?topic=753252.msg10493881#msg10493881. This type of pattern if broken to the upside would typically lead to a very sharp upward move. What is interesting is that this technical pattern can still survive a fair amount of bear activity. The bears need to make a strong stand below 0.0009 to break the pattern.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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February 18, 2015, 11:34:23 PM
 #20105

What is interesting is that this technical pattern can still survive a fair amount of bear activity. The bears need to make a strong stand below 0.0009 to break the pattern.

It is funny that you apply technical analysis and EW analysis to something that is literally so small that one determined person without outlandish funds can easily prevent it from breaking 0.0009.

Nevertheless, I believe the analysis is correct. Once everyone willing has sold their coins to that one person at the all-time low, yet the person is still ready to buy and price does not therefore go down, then it snaps up violently.
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February 19, 2015, 03:04:25 AM
 #20106

Coming from someone that has way more Monero than the 20 btc necessary to drop the order book 50% and keep it there, you guys have no idea what you are talking about.

You guys collectively barely have enough bitcoin to buy Monero at firesale prices if I chose to do that, the auto dumping miners would simply hop in front of the remaining parts of my gigantic sell order at .0005btc and keep this downtrend going, while somebody makes an off hand comment about emission schedule

And lets not forget about the upside, anybody want to form a syndicate and get the price back up with a stabilizing bid? PM me
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February 19, 2015, 03:35:56 AM
 #20107

By all means, please put your Monero where your mouth is and dump to 0.0005.  Going to bed hoping my orders get filled by you and your mining syndicate but in reality we know it won't happen.

Coming from someone that has way more Monero than the 20 btc necessary to drop the order book 50% and keep it there, you guys have no idea what you are talking about.

You guys collectively barely have enough bitcoin to buy Monero at firesale prices if I chose to do that, the auto dumping miners would simply hop in front of the remaining parts of my gigantic sell order at .0005btc and keep this downtrend going, while somebody makes an off hand comment about emission schedule

And lets not forget about the upside, anybody want to form a syndicate and get the price back up with a stabilizing bid? PM me
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February 19, 2015, 05:13:26 AM
 #20108

What is interesting is that this technical pattern can still survive a fair amount of bear activity. The bears need to make a strong stand below 0.0009 to break the pattern.

It is funny that you apply technical analysis and EW analysis to something that is literally so small that one determined person without outlandish funds can easily prevent it from breaking 0.0009.

Nevertheless, I believe the analysis is correct. Once everyone willing has sold their coins to that one person at the all-time low, yet the person is still ready to buy and price does not therefore go down, then it snaps up violently.

Coming from someone that has way more Monero than the 20 btc necessary to drop the order book 50% and keep it there, you guys have no idea what you are talking about.

You guys collectively barely have enough bitcoin to buy Monero at firesale prices if I chose to do that, the auto dumping miners would simply hop in front of the remaining parts of my gigantic sell order at .0005btc and keep this downtrend going, while somebody makes an off hand comment about emission schedule

And lets not forget about the upside, anybody want to form a syndicate and get the price back up with a stabilizing bid? PM me

What I find really interesting about this market is that there are multiple large players on both sides of this market each waiting for the others to make a move.  So the size of this market is actually very deceiving.  What is important to recognize here is the fact that someone can make a move does not mean they will actually make the move. I also suspect many are not aware of the actual size of the hidden market particularly those waiting to buy. Like 20 XBT worth of XMR to get to 0.0005 in a matter of hours becomes 140 XBT worth of XMR to get to 0.0005.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
generalizethis
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February 19, 2015, 06:26:07 AM
 #20109

Coming from someone that has way more Monero than the 20 btc necessary to drop the order book 50% and keep it there, you guys have no idea what you are talking about.

 if I chose to do that, the auto dumping miners would simply hop in front of the remaining parts of my gigantic sell order at .0005btc and keep this downtrend going, while somebody makes an off hand comment about emission schedule

And lets not forget about the upside, anybody want to form a syndicate and get the price back up with a stabilizing bid? PM me

Did this guy just write rptiela is BTC poor Huh I'm paraphrasing, obviously. But "You guys collectively barely have enough bitcoin to buy Monero at firesale prices..." right after rptiela's post on the market does read like he's saying rptiela doesn't have two BTC to rub together. Mind blowing!

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February 19, 2015, 08:08:58 AM
 #20110

Would anyone be kind enough to point me to a hashrate graph in the XMR network?

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FULLY
ANONYMOUS

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INSTANT
TRANSFER

━━━━
/

     ▄████▄
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▄██████████████▄
▀██▀ ▀█  ▀█ ███▀
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▄██▄█▄█▄███▄███▄
▀██████████████▀
 ▀▀▀████████▀▀▀
     ▀████▀
API FOR YOUR
PROJECTS

━━━━

  █
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PARTNER PROGRAM
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David Latapie
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February 19, 2015, 08:27:19 AM
 #20111

Would anyone be kind enough to point me to a hashrate graph in the XMR network?
http://chainradar.com/xmr/chart

Monero: the first crytocurrency to bring bank secrecy and net neutrality to the blockchain.HyperStake: pushing the limits of staking.
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February 19, 2015, 08:45:13 AM
 #20112

Would anyone be kind enough to point me to a hashrate graph in the XMR network?
http://chainradar.com/xmr/chart

thank you sir!

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 ██████▀▀██▀▀
  ▀███▀▄▄   ▄
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FULLY
ANONYMOUS

━━━━━
/

    ██▄▄              ▄▄██
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      ▀█▄█▀███████████▀▀
        ▀███▀███████▀
           ▀▀▀▀██▀▀
INSTANT
TRANSFER

━━━━
/

     ▄████▄
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▄██████████████▄
▀██▀ ▀█  ▀█ ███▀
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▄██▄█▄█▄███▄███▄
▀██████████████▀
 ▀▀▀████████▀▀▀
     ▀████▀
API FOR YOUR
PROJECTS

━━━━

  █
  █
  █
████
  █
████
  █
████
  █
  █
  █
PARTNER PROGRAM
TOR MIRROR
MIX WALLET
.FAQ
ANN THREAD
TELEGRAM
Quicken
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February 19, 2015, 09:43:41 AM
 #20113

Coming from someone that has way more Monero than the 20 btc necessary to drop the order book 50% and keep it there, you guys have no idea what you are talking about.

 if I chose to do that, the auto dumping miners would simply hop in front of the remaining parts of my gigantic sell order at .0005btc and keep this downtrend going, while somebody makes an off hand comment about emission schedule

And lets not forget about the upside, anybody want to form a syndicate and get the price back up with a stabilizing bid? PM me

Did this guy just write rptiela is BTC poor Huh I'm paraphrasing, obviously. But "You guys collectively barely have enough bitcoin to buy Monero at firesale prices..." right after rptiela's post on the market does read like he's saying rptiela doesn't have two BTC to rub together. Mind blowing!

I think he's just talking about the public buy orders already placed on Polo? As ArticMine says, most of the potential action is not in the form of orders already placed.
generalizethis
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February 19, 2015, 09:59:27 AM
 #20114

Coming from someone that has way more Monero than the 20 btc necessary to drop the order book 50% and keep it there, you guys have no idea what you are talking about.

 if I chose to do that, the auto dumping miners would simply hop in front of the remaining parts of my gigantic sell order at .0005btc and keep this downtrend going, while somebody makes an off hand comment about emission schedule

And lets not forget about the upside, anybody want to form a syndicate and get the price back up with a stabilizing bid? PM me

Did this guy just write rptiela is BTC poor Huh I'm paraphrasing, obviously. But "You guys collectively barely have enough bitcoin to buy Monero at firesale prices..." right after rptiela's post on the market does read like he's saying rptiela doesn't have two BTC to rub together. Mind blowing!

I think he's just talking about the public buy orders already placed on Polo? As ArticMine says, most of the potential action is not in the form of orders already placed.

I guess-- but that's reading a lot into the statement considering the two posts prior to his are talking about the market and he's responding directly to those posts.

"You guys" I'm assuming is referring to Articmine and rptiella, not whoever has buy orders on Polo--that's a more reasonable assumption, right?

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February 19, 2015, 02:41:48 PM
 #20115

Well, for starters, I have around a dozen BTC to pledge to XMR once the main GUI account comes out.
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February 19, 2015, 02:46:12 PM
 #20116

I haven't confirmed it yet, but polo should now have a mixin of 3 for withdraws.

finally.

< Track your bitcoins! > < Track them again! > <<< [url=https://www.reddit.com/r/Bitcoin/comments/1qomqt/what_a_landmark_legal_case_from_mid1700s_scotland/] What is fungibility? >>> 46P88uZ4edEgsk7iKQUGu2FUDYcdHm2HtLFiGLp1inG4e4f9PTb4mbHWYWFZGYUeQidJ8hFym2WUmWc p34X8HHmFS2LXJkf <<< Free subdomains at moneroworld.com!! >>> <<< If you don't want to run your own node, point your wallet to node.moneroworld.com, and get connected to a random node! @@@@ FUCK ALL THE PROFITEERS! PROOF OF WORK OR ITS A SCAM !!! @@@@
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February 19, 2015, 03:30:00 PM
 #20117

I haven't confirmed it yet, but polo should now have a mixin of 3 for withdraws.

finally.
Finally indeed...
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February 19, 2015, 03:40:44 PM
 #20118

I haven't confirmed it yet, but polo should now have a mixin of 3 for withdraws.

finally.
Finally indeed...

I can confirm that they're definitely working on it, at least ..

Supposedly, you'll be able to withdraw amounts of >4k "fine now", they say.

Wind picked up: F4BC1F4BC0A2A1C4

banditryandloot goin2mars kbm keyboard-mash theusualstuff

probably a few more that don't matter for much.
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February 19, 2015, 03:44:50 PM
 #20119

Hey,

Sorry to post again about XMR.TO, but I thought this might be interesting to the general public of Monero:

We just published the docs for our beta API at https://bitcointalk.org/index.php?topic=959994.msg10512430#msg10512430
Using the API, devs can integrate our service into any wallet (standalone or website), scripts, webapps etc.

Feedback welcome!
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February 19, 2015, 03:46:50 PM
 #20120

Hey,

Sorry to post again about XMR.TO, but I thought this might be interesting to the general public of Monero:

We just published the docs for our beta API at https://bitcointalk.org/index.php?topic=959994.msg10512430#msg10512430
Using the API, devs can integrate our service into any wallet (standalone or website), scripts, webapps etc.

Feedback welcome!

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