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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4245688 times)
moli1
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January 30, 2018, 07:14:40 PM
Merited by Anon136 (10)
 #37801

Monero is currently priced at a little over $270, commanding a market cap of  $4,219,896,145 at that price. It’s down just shy of 15% over the last twenty-four hours according to Coinmarketcap.
Over the last few weeks, one of the Monero team’s biggest names, Riccardo Spagni, has been making the rounds on the crypto circuit, pushing for adoption and preaching as to why Monero can be the next big thing... He’s even got a bit of a bromance going with Litecoin creator Charlie Lee.
Monero can be huge and right now, at the above market cap and a ranking of number 13 against its peers, it looks undervalued.
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crypt0baws
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January 31, 2018, 12:37:04 PM
 #37802

Does anyone know anything about the upcomming Bulletproof release? It hasn't been validated just yet, but I heard from a friend that there may be a fee reduction of 84%? Would be great!

Bulletproofs are under development but there is no specific release scheduled yet. The technology is very new and the math/cryptography team is still coming up with improvements, scrutinizing it for weaknesses, etc. There is a plan for a full formal review before it goes live. It does indeed reduce transaction size (and therefore fees) by about 80%.

To add, for anyone interested in Bulletproofs & fees, see:

https://getmonero.org/2017/12/11/A-note-on-fees.html

Thank you dEBRUYNE, this was well worth the read. Do you know if the testnet with Bulletproofs is far off as mentioned here?

The single-output Bulletproofs are currently live on testnet. However, Bulletproofs in general will not be live on mainnet until, probably, September this year, as we want to have them properly audited, i.e., check whether the code matches the math in the paper, check whether there are no "coin-killer" bugs in there, and more generally extend the time how long it has been out there (the paper is only a few months old).

Absolutely, I understand that these things can't be rushed and I'd much rather any future solution to be of sound quality than to rush it out for the sake of it. XMR is one of my favourite projects exactly for that reason. Thank you for the rough estimation on Bulletproof's being available on mainnet, I won't take it as gospel as I know there are never any certainties on deadlines when it comes to development.

One other thing; considering we're moving to the Monero forum (which I personally think is a fantastic idea as crypto is far greater in appeal than just BTC or any one single project now), but does that this mean this thread is now considered legacy? I agree with the sentiment behind the move but I do enjoy the ability to converse on different projects in the one place.

Ælf; the 3rd gen Blockchain Network. Sign up & earn Ælf! (https://candy.aelf.io/account/register?invitationCode=0L0Y0V0H3F2M)
crypt0baws
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January 31, 2018, 09:07:03 PM
 #37803






Mooning indeed!

Ælf; the 3rd gen Blockchain Network. Sign up & earn Ælf! (https://candy.aelf.io/account/register?invitationCode=0L0Y0V0H3F2M)
explorer
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January 31, 2018, 09:11:16 PM
 #37804



One other thing; considering we're moving to the Monero forum (which I personally think is a fantastic idea as crypto is far greater in appeal than just BTC or any one single project now), but does that this mean this thread is now considered legacy? I agree with the sentiment behind the move but I do enjoy the ability to converse on different projects in the one place.

The getmonero forum is used for official notices, and that's about it.  Most action seems to be on reddit these days, as BTCtalk has been mostly abandoned for a long time now.  A few of us legacy lurkers still around, for the reason you cite, but everything is at least second hand here.
crypt0baws
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January 31, 2018, 09:14:18 PM
 #37805



One other thing; considering we're moving to the Monero forum (which I personally think is a fantastic idea as crypto is far greater in appeal than just BTC or any one single project now), but does that this mean this thread is now considered legacy? I agree with the sentiment behind the move but I do enjoy the ability to converse on different projects in the one place.

The getmonero forum is used for official notices, and that's about it.  Most action seems to be on reddit these days, as BTCtalk has been mostly abandoned for a long time now.  A few of us legacy lurkers still around, for the reason you cite, but everything is at least second hand here.

Ah OK, thanks for the heads up then. I've posted a little in XMR subs but always saw BTCtalk as the de-facto place to talk crypto, even with the surge of crypto sub popularity... I'll keep that in mind -- thanks again!

Ælf; the 3rd gen Blockchain Network. Sign up & earn Ælf! (https://candy.aelf.io/account/register?invitationCode=0L0Y0V0H3F2M)
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February 01, 2018, 11:04:21 AM
 #37806

Explain please, what Charlie Lee did to LTC? I see how highly he is committed to the idea of developing blockchain technology. I think, any cooperation will benefit these coins. This is a natural process of evolution of cryptocurrencies and it doesn't depend on our will in here.


https://medium.com/@bitfinexed/coinbase-insider-trading-litecoin-edition-be64ead3facc

It's a sad thing to read. But apparently the market forgives everything.

Cryptocurrency trading is unregulated and actions that are considered illegal in the stock market are frequently committed in coin exchanges.  Pump and dump? Wash trades? Insider trading? and the list goes on.
ANDREW 555
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February 01, 2018, 04:48:50 PM
 #37807

Hard Fork (March 07)
https://coindar.org/en/event/monero-xmr-hard-fork-2780
xda-developer
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February 01, 2018, 07:58:38 PM
 #37808

Now I think that current price of Monero is very attracted to grab some coins. Number of coins is very limitated and I think that value of all untraceable coins will be increased in nearest future

dzkrb1966
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February 01, 2018, 08:03:21 PM
 #37809

What's happening now? All the Crypto currency has gone into disgrace. And our coin Monero did not remain indifferent. Too very much sagged. Does anyone have an opinion on this? Time to buy or worth the wait?

Millionero
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February 01, 2018, 08:42:59 PM
 #37810


Cryptocurrency trading is unregulated and actions that are considered illegal in the stock market are frequently committed in coin exchanges.  Pump and dump? Wash trades? Insider trading? and the list goes on.

The wash trading rule applies to securities.  It is in the statutory language.   Some ICO tokens may be treated as securities by regulators.  In fact U.S. regulators have made statements to that effect regarding ICOs, if I am not mistaken.
The assets Bitcoin and Monero are not securities, and regulators did not include such assets in their statements about ICOs being subject to securities rules.
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February 01, 2018, 09:21:20 PM
 #37811


Cryptocurrency trading is unregulated and actions that are considered illegal in the stock market are frequently committed in coin exchanges.  Pump and dump? Wash trades? Insider trading? and the list goes on.

The wash trading rule applies to securities.  It is in the statutory language.   Some ICO tokens may be treated as securities by regulators.  In fact U.S. regulators have made statements to that effect regarding ICOs, if I am not mistaken.
The assets Bitcoin and Monero are not securities, and regulators did not include such assets in their statements about ICOs being subject to securities rules.

Very true and lets not forget different countries have different opinions and some none at all. I looks like russia has finally decided to regulate their exchanges, I wonder what kind of KYC they are going to impose?

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Anon136
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February 02, 2018, 12:47:50 AM
 #37812

What's happening now? All the Crypto currency has gone into disgrace. And our coin Monero did not remain indifferent. Too very much sagged. Does anyone have an opinion on this? Time to buy or worth the wait?

Always better to buy when its cheaper than when its more expensive but I would wait for a double digit price before blowing the very last of my dry powder.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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February 02, 2018, 09:09:59 AM
 #37813

What's happening now? All the Crypto currency has gone into disgrace. And our coin Monero did not remain indifferent. Too very much sagged. Does anyone have an opinion on this? Time to buy or worth the wait?

looking at what goals
1- if you buy a coin, then you can take a chance to buy, because the price is really low
2 - If there are already coins and you want to sell, then it's best to wait

in any case, no one will give you guarantees how the coin will lead

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moli1
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February 02, 2018, 09:23:08 AM
 #37814

Two cryptocurrency i think the best bets right now are Monero and Ethereum, Monero is currently priced at a little over $211, commanding a market cap of $3,316,883,568 at that price.
It’s down just shy of -21.25% at the writing time according to CMC.
Against a backdrop of this price action, however, which looks decidedly bearish, Monero as an entity has been making strides towards commercial success.
The coin has grown to become one of the (if not the) industry gold standard privacy coin, and has gained traction based on its utility as a dark marketplace coin.. something that won’t please everyone and that certainly isn’t going to support a long-term upside revaluation, but as a kicker, it’s a nice thing to have in place.  Cool
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February 02, 2018, 10:02:49 AM
 #37815

What's happening now? All the Crypto currency has gone into disgrace. And our coin Monero did not remain indifferent. Too very much sagged. Does anyone have an opinion on this? Time to buy or worth the wait?

It's just the normal market correction. If you check the year 2016 and 2017, the same thing happened in early January. Let's hope cryptocurrencies can recover this February to March and the repeat of the bull market every March to June.
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February 02, 2018, 04:22:37 PM
 #37816

Will this fork include Bulletproofs?

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February 02, 2018, 04:43:19 PM
Merited by explorer (1), Nathan047 (1)
 #37817


Nope. Probably in September but not outside the realm of possibility it will be squeezed in between hard forks.

https://forum.getmonero.org/9/work-in-progress/89005/funding-for-sarang-at-mrl-for-q1-2018?page=&noscroll=1#post-94178

https://www.reddit.com/r/Monero/comments/7u9poq/january_monthly_report_from_sarang_noether/


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February 02, 2018, 08:35:32 PM
 #37818

Can someone tell me anything about monero gold?
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February 02, 2018, 08:38:18 PM
Merited by explorer (1)
 #37819

Can someone tell me anything about monero gold?

Sure monero gold is Monero, that's the real gold. All other shite is erm shite.

Don't be fooled by a Relex watch.

The innards are made of chocolate.


Higher for the hardcore
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February 02, 2018, 08:41:05 PM
 #37820

What's happening now? All the Crypto currency has gone into disgrace. And our coin Monero did not remain indifferent. Too very much sagged. Does anyone have an opinion on this? Time to buy or worth the wait?
Now everything falls heavily and why this coin would not fall, it too will certainly fall. In this coin has a great future and is worth it to buy any fall and to always keep as a backup against btc. I hope to merge with ltc and production of new coins will be reflected positively on the price of the coin.

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