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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4560504 times)
aminorex
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May 22, 2017, 03:45:57 AM
 #34721


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Question1:
How high a probability do you think it has that will happen again ?

That is an excellent question
What is the what that will possibly happen?

The discovery of an exploitable spurious issuance or double-spend attack.  It happened once it bitcoin, a few years back.  Now it has happened once in the cryptonote universe, including Monero.  The discovery of such an exploit by talented but unscrupulous persons could have destroyed most of the value in Bitcoin, in the first instance, or that of Monero in the second.  In both cases I think the discovery has reduced, rather than increased the likelihood of such a future event, but it does highlight the possibility, and it would be good to have a principled argument for a numerical approximate probability, for rational decision-making.

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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May 22, 2017, 06:10:25 AM
 #34722

Is it my impression or are keeping the price of Monero low to end accumulation? It is the only currency that is not following the price of Bitcoin, on the contrary, recently there was a disclosure of a bug ... Is there another news? I'm watching and I started to buy XMR!
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May 22, 2017, 03:53:05 PM
 #34723

Is it my impression or are keeping the price of Monero low to end accumulation? It is the only currency that is not following the price of Bitcoin, on the contrary, recently there was a disclosure of a bug ... Is there another news? I'm watching and I started to buy XMR!

It looks like rather good timing.

Green candles again on the charts.  So pretty.

我想要火箭和火车
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May 22, 2017, 06:08:27 PM
 #34724

Stamp over 2200, XMR holding up nicely - even a nice spike up towards $40, albeit briefly.

Glued to the charts.    Segwit agreement (we will have to see) rumours helping price - if they're true, potential parabolic BTC rises may come.  It's getting toppy, yes - but how much more is in it, I have no idea.

Confession: I am certainly cashing out some portion of my crypto soon.  I don't need the cash, I just know if it all tumbles down I want to have taken a little out for a better future.  I certainly won't be upset to have sold some 'too early', I would be if it crashes and I didn't take some out when I could have.

I am seeing a pensions adviser this week to start one off with the proceeds.

我想要火箭和火车
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May 22, 2017, 07:38:19 PM
 #34725

Stamp over 2200, XMR holding up nicely - even a nice spike up towards $40, albeit briefly.

Glued to the charts.    Segwit agreement (we will have to see) rumours helping price - if they're true, potential parabolic BTC rises may come.  It's getting toppy, yes - but how much more is in it, I have no idea.

Confession: I am certainly cashing out some portion of my crypto soon.  I don't need the cash, I just know if it all tumbles down I want to have taken a little out for a better future.  I certainly won't be upset to have sold some 'too early', I would be if it crashes and I didn't take some out when I could have.

I am seeing a pensions adviser this week to start one off with the proceeds.
I keep reminding myself that a big price rise results in a big unbalance.  I started out with a reasonable allocation between crypto and other assets, but now my wealth is proportionately almost entirely crypto.  This is not healthy.  If one is holding an asset that octupled or whatever, then sell some.  It's the only sensible course of action.
I'm one of the guys who lived like a monk or a college student for years long past the age at which most Americans become foolish consumers, scraping to buy and hold as much crypto as I could.  And it has paid off.  I just needed to lift my head an look around to see that sometimes you need to change your course of action, because it can be a mistake to stick with what worked yesterday and last year.  Reevaluate.

Good point - I just don't want to wake up early especially to look at charts and be up or down according to price moves.  I want to spend more time on holiday and with my girlfriend instead of in front of a screen and (even on here) and have the one thing you can't buy more of. 

Time.

我想要火箭和火车
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May 22, 2017, 08:01:47 PM
 #34726

Happy to learn of your advancing prospects, but I would make the case that the speculation thread is at least somewhat better suited.

Myself, I regard volatility as an opportunity, rather than a risk.

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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May 22, 2017, 08:20:59 PM
 #34727

Happy to learn of your advancing prospects, but I would make the case that the speculation thread is at least somewhat better suited.

Myself, I regard volatility as an opportunity, rather than a risk.

Wrong thread - had both open, my bad - been a long day Aminorex!

Apologies to all.

我想要火箭和火车
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May 23, 2017, 05:10:58 PM
 #34728

so i have studied anonymous cryptocurrencies quite intensiveley and i come to conclusion that Monero is the best one out there. I have made differences with Dash coins and other Cryptonote Coins and Monero is superiour vs. all of these. If you want detail infos or have questions, pm me, if you have an other opinion.

Tell me why is so good. Why PM I think a lot of people will now why and what you have to tell about Monero. As far I now is anonymous and that's it. 

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May 23, 2017, 05:15:28 PM
 #34729

Happy to learn of your advancing prospects, but I would make the case that the speculation thread is at least somewhat better suited.

Myself, I regard volatility as an opportunity, rather than a risk.

If you trade 24/7 yes. If you trade using stop loss volatility will wipe you out. Just my 2 monero.

......
.L I V E C O I N . N E T.
.
..PROFITBOX..
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.....
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May 23, 2017, 05:28:15 PM
 #34730

XMR is making come back in market to bounce back or it is routine movement will be clear in couple of days. Some friend asked about Monero what is special in this except anonymous. I will say having features alone is nothing unless you are backed by community and investors to sustain the market and value. Monero has these both things.
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May 23, 2017, 06:28:50 PM
 #34731

Quote
The discovery of an exploitable spurious issuance or double-spend attack.  It happened once it bitcoin, a few years back.  Now it has happened once in the cryptonote universe, including Monero.  The discovery of such an exploit by talented but unscrupulous persons could have destroyed most of the value in Bitcoin, in the first instance, or that of Monero in the second.  In both cases I think the discovery has reduced, rather than increased the likelihood of such a future event, but it does highlight the possibility, and it would be good to have a principled argument for a numerical approximate probability, for rational decision-making.

That completely incorrect, and it will do creator no good, the blockchain will stop at that point and everything after that point will be undone, but this can not be said for opaque block-chains, it may already be going on for sometime now. The time difference between discovering it by the dev team and the usage of, could take years.  For example remember the Heartbleed bug ? http://heartbleed.com/
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May 23, 2017, 07:40:02 PM
Last edit: May 23, 2017, 08:27:26 PM by aminorex
 #34732

XMR is making come back in market to bounce back or it is routine movement will be clear in couple of days. Some friend asked about Monero what is special in this except anonymous. I will say having features alone is nothing unless you are backed by community and investors to sustain the market and value. Monero has these both things.

I would go further and say that added features actually detract from the suitability of a cryptographic tokens to serve a monetary role.  Liquidity abhors friction.  For that reason, the upside tail on xmr is much longer and fatter.

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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May 23, 2017, 11:26:32 PM
 #34733

XMR is making come back in market to bounce back or it is routine movement will be clear in couple of days. Some friend asked about Monero what is special in this except anonymous. I will say having features alone is nothing unless you are backed by community and investors to sustain the market and value. Monero has these both things.

Time to introduce your friend to the concept of fungibility.   Smiley

As part of Aristotle's criteria for Good Money, fungibility is much more important than its side effect of privacy/anonymity.


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
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May 24, 2017, 03:34:31 AM
 #34734

had an order at 27.5 usd and just missed it the past week and now the 100% gain... Sad
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May 24, 2017, 03:51:39 AM
 #34735

Nice recover by Monero

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May 24, 2017, 03:51:58 AM
 #34736

...

We try to keep price talk in the speculation thread: bitcointalk.org/index.php?topic=753252.new#new
That way, this thread is more useful to inform about the project and software.  I shall reply there.

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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May 24, 2017, 06:08:53 AM
 #34737

good to see XMR back, XMR should be in to top 5
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May 24, 2017, 10:41:49 AM
 #34738

Always nerve racking when I transfer my wallet from one computer to another (original computer was old and the hard drive was about to crash). Backed up everything, moved everything over (and the blockchain) with no issues.... Felt as if I worked out!

Bitcoin: 1FzZehkiwfeeUmfmBrym8VvXX7gUj3miHe
XMR: 4AqrzGPfEKeZrVXyPDNXUrNeKZZGNYiXMDoY49PvdffKNTRg6xp2Qz74SZ72gT5F9HH8Vaic99ndRg6 UBGcVijaNStQjwwf
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May 24, 2017, 10:44:42 AM
 #34739

Monero community

Dmitry Bogatov arrested by Russian authorities
bitcointalk.org/index.php?topic=1926575.0


we will host Tor .exit node for you one month

donate $20 bitcoin 1NdPTtvkHdhzx2SUVnvx5TWdeNEC8cEjFn

server named freeBogatov or KAction

demo atlas.torproject.org/#details/5055DFEDFAA4B7134CDCE10776E911E5617776A6
 
idea if one server switched off will build 100 more
 
 
help freebogatov.org/en/

Run a Tor relay with nickname that contains Bogatov or KAction in solidarity.

Tor activists have launched a flashmob on April 12 and call all Tor relay administrators to run or rename their relays using #freeBogatov or #KAction.

Tor Project website has a guide on how to do it. You can run relay at your home (In that case it recommended to not run an exit relay, but middle relay, that way no negative activity will come from your IP.

You can also limit bandwidth if you don't want to give full bandwidth to the Tor network) or rent a server. Here is a list of hosters tried by activists who are running Tor relays. As for April 18, 45 relays and exit nodes have been launched in solidarity with Dmitry. See here and here to view the lists of relays.


link to your coin or project added to contact  good for social media promotion

every community raised total of $20 donation value we will build Tor .exit server one month hosting

Make sure you use your PaymentId when depositing or your deposit will be lost.
Monero(XMR) 4ALcw9nTAStZSshoWVUJakZ6tLwTDhixhQUQNJkCn4t3fG3MMK19WZM44HnQRvjqmz4LkkA8t565v7i BwQXx2r34HNroSAZ
PaymentId (required) ef5d15972d56e10a2b98a5d53dfa07a0a461cbe20cfadad41cdc23c61fa00c47

#freeBogatov  #KAction
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May 24, 2017, 10:55:06 AM
 #34740

Monero
XMR is making come back in market to bounce back or it is routine movement will be clear in couple of days. Some friend asked about Monero what is special in this except anonymous. I will say having features alone is nothing unless you are backed by community and investors to sustain the market and value. Monero has these both things.
I think all top 10 coins will soon be at 0.1 btc or above. Bitcoin price has pushed up all Altcoin to new level and monero will also get benefitted

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