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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4664539 times)
phishead
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October 26, 2019, 03:10:24 AM
 #41141

So are “big bang protections” just higher fees to incentivize people to send as much, or something else?


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Monero
XMR Open Alias: phishead@xmr.id
"I just opened a 2004 barolo in your and all the devs honour"  eyejay:  Decemeber 22nd, 2016
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October 26, 2019, 06:29:42 PM
Merited by phishead (1)
 #41142

So are “big bang protections” just higher fees to incentivize people to send as much, or something else?

No, it has nothing to do with fees (at least not directly, although any surge in demand that greatly increases the blocksize would also imply increasing fees in practice).

Big bang protection was a reworking of the dynamic blocksize so the growth rate slows way down after a 50x increase. An increase from the existing blocksize limit equilibrium (which at present is the minimum of 300 KB) of up to 50x can happen within a relatively short time if demand calls for it, but further increases are slowed way down and take place on the scale of months or years.

In practice this is done with a dual median, one of the past 100 blocks and one over the past 100000 blocks.

Here is some of the original discussion of the big bang attack:

https://www.reddit.com/r/Monero/comments/aj21yt/big_bang_attack_on_xmr/
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October 28, 2019, 06:00:17 PM
 #41143

It seems to me that the crypto industry has only a few coins that rightfully have a chance in the future. These are Bitcoin and Monero. Moreover, Monero’s fate will obviously be difficult, as he will most likely be outlawed. And Bitcoin will become a classic investment tool.
It seems as outlawed but there are a lot of people who in crypto like to be crypto. They will like to put their money in monero. There are a lot of people who do not want to show to their relatives and friends that they are gambling and for it they will need coins which will ensure full privacy. These are the things which will keep Monero alive in the crypto world.
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October 30, 2019, 03:59:48 AM
 #41144

Monero price analysis: XMR/USD spikes above SMA50 daily, settles above $62.00

- XMR/USD explores the area above $62.00 amid upside momentum.
- An important support area is created on approach to $61.50.


https://www.fxstreet.com/cryptocurrencies/news/monero-price-analysis-xmr-usd-spikes-above-sma50-daily-settles-above-6200-201910290832

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October 30, 2019, 06:07:15 PM
 #41145

[snip]
please use the speculation thread
https://bitcointalk.org/index.php?topic=753252.41420
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October 31, 2019, 12:57:01 PM
 #41146

The Bitcoin.com Exchange has listed Monero

https://twitter.com/BitcoinComExch/status/1188790055965528065



BTSE has listed Monero

https://twitter.com/BTSEcom/status/1186344898640916480



BTSE has added futures trading for Monero

https://twitter.com/BTSEcom/status/1189777190499446785

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
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November 01, 2019, 12:43:19 PM
 #41147

Any accusation like fraud, dangerous will not kill Monero. Over years, Monero will become stronger and more favorite by crypto enthusiasts, especially among privacy-maniac crypto users. I agree that such news (negatively) usually have bad effects on price, in short term. Fortunately, in long term, price is not affected, and Monero has its powerful to survive thoroughly such types of attacks.

This year is a tough one for altcoins but good altcoins have all survived very well so far, and they have all rallied considerably last three months. In my perspective, next two years will be great ones for altcoins and honestly I expect as nearly same exponential growths for altcoins as the year of 2017.

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November 01, 2019, 02:51:42 PM
 #41148

Just a week prior to the report, German police had investigated a 0.1 BTC transfer which was sent to the wallet of the Halle synagogue killer, whose attack was allegedly funded by the local far-right community.
Yes, the killer probably handled Euros, too.
Lazy thinking.
What's dangerous?  Not currency.
Human hate is dangerous.
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November 01, 2019, 03:14:29 PM
 #41149

Don't be afraid , XMR is good altcoin.
Many biggest exchanger avaliable XMR for trade. You can check volume trading XMR everyday https://coinmarketcap.com/currencies/monero/ more $ 198.223.971 USD

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November 02, 2019, 07:40:31 AM
 #41150

These news just come when they do not know much about a coin. Many organizations and people also published such news against bitcoin and after knowing about it they confirmed that it is a better coin just like one of the person in congress told to Mark Zuckerberg that he have to adopt bitcoin as none of the power can harm bitcoin. I will say that these people have to eliminate the crimes from their regions then none of the currency will be dangerous.
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November 02, 2019, 11:39:15 AM
 #41151

I was looking for information about new projects, I wanted to chat with people and came across your chat. I was surprised that there are so many messages. What are you all talking about here? impossible to write so much about the project)
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November 02, 2019, 12:43:41 PM
 #41152

What are you all talking about here?

Monero, meaning of life and everything.

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November 04, 2019, 07:57:37 AM
 #41153

impossible to write so much about the project

It depends on how old and how good the project is.
Just take a look on how much discussion Bitcoin brings (and just ignore the spam). Why would Monero not bring ... less than 1/100 of that amount?
Maybe you'll read more and understand that it's a good coin and the discussion around it is far from an "impossible" amount.

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November 04, 2019, 12:49:30 PM
 #41154

What about all these rumors that privacy coins will be delisted from big exchanges? Was Monero or another known privacy coin affected, delisted?

Because of these rumors, Litecoin team started to rethink their strategy to implement a privacy solution to LTC.

Is this true or just FUD? If this is nothing more as a FUD, then whois behind it? Why only privacy coins are targeted?

I haven't heard anything about delistings of privacy coins from exchanges or even of plans to do so and that is why I ask you for a second opinion.

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November 04, 2019, 02:37:36 PM
 #41155

impossible to write so much about the project

It depends on how old and how good the project is.
Just take a look on how much discussion Bitcoin brings (and just ignore the spam). Why would Monero not bring ... less than 1/100 of that amount?
Maybe you'll read more and understand that it's a good coin and the discussion around it is far from an "impossible" amount.

Yes because here everything discussed is very important, not like other threads that only talk to each other without understanding their purpose and that is the main point.

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November 04, 2019, 03:56:39 PM
 #41156

What about all these rumors that privacy coins will be delisted from big exchanges? Was Monero or another known privacy coin affected, delisted?

Because of these rumors, Litecoin team started to rethink their strategy to implement a privacy solution to LTC.

Is this true or just FUD? If this is nothing more as a FUD, then whois behind it? Why only privacy coins are targeted?

I haven't heard anything about delistings of privacy coins from exchanges or even of plans to do so and that is why I ask you for a second opinion.
Simple. Any such rumor spread out means that price of the coin will drop. And the authors of the rumor buy it cheaper.
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November 04, 2019, 06:25:28 PM
 #41157

Yes because here everything discussed is very important, not like other threads that only talk to each other without understanding their purpose and that is the main point.

I appreciate your sarcasm, we all know that some amount of spam/useless posts do exist here too, like everywhere. Let's just keep that on low levels.

What about all these rumors that privacy coins will be delisted from big exchanges? Was Monero or another known privacy coin affected, delisted?

There were exchanges in Japan that delisted Monero (one year ago?) and now OKex Korea and Upbit (also Korea) seem to do the same.
But they had pretty low volumes for XMR and I expect the listing at Bitcoin.com will outweigh the Korean delisting by a couple of levels of magnitude.

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November 04, 2019, 08:48:37 PM
 #41158

...There were exchanges in Japan that delisted Monero (one year ago?) and now OKex Korea and Upbit (also Korea) seem to do the same.
But they had pretty low volumes for XMR and I expect the listing at Bitcoin.com will outweigh the Korean delisting by a couple of levels of magnitude.

It is clear that to comply with the legislators' guidelines, as licensed exchanges, they had to comply with legal requirements or guidelines from legislators in the countries where they are registered and operate, in this case, Korea and Japan. It's hard to believe that this happened in Japan and Korea because I thought these countries were very cryptocurrencies friendly, especially Japan.

This is good that has only impacted XMR on a relatively small "regional" scale and still, interested traders from affected countries can buy Monero on other more decentralized and P2P exchanges  Wink.


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November 05, 2019, 06:36:12 AM
 #41159

It is clear that to comply with the legislators' guidelines, as licensed exchanges, they had to comply with legal requirements or guidelines from legislators in the countries where they are registered and operate, in this case, Korea and Japan. It's hard to believe that this happened in Japan and Korea because I thought these countries were very cryptocurrencies friendly, especially Japan.

This is good that has only impacted XMR on a relatively small "regional" scale and still, interested traders from affected countries can buy Monero on other more decentralized and P2P exchanges  Wink.
You made a point that cryptocurrencies will survive and develop further over time. Of course, privacy coins like Monero will act in the same direction but there are different levels of developments and acceptance from authorities and locals. Basically, authorities always want to control as many things as possible so it is very normal and understandable to see them trying to control privacy coins.

Fortunately, I have a belief that people always want to be private as long as they don't have to self-set-up so many technical steps just to get privacy. That is not what they have to do with Monero. For things related to authority regulations, locally and globally, who knows but like I say I believe Monero is strong enough to survive over any type and level of regulations.

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November 05, 2019, 12:22:05 PM
 #41160

KuCoin, at the request of Monero, will update the XMR wallet address, November 11, 2019 at this time wallets will be temporarily unavailable
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