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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4669808 times)
vokain
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February 23, 2016, 02:42:44 PM
Last edit: February 23, 2016, 02:53:09 PM by vokain
 #29321

If you want to be a destroyer join monero. It's the perfect place for you.

Done and done.

Quote
We knew the world would not be the same. A few people laughed, a few people cried, most people were silent. I remembered the line from the Hindu scripture, the Bhagavad-Gita. Vishnu is trying to persuade the Prince that he should do his duty and to impress him takes on his multi-armed form and says, "Now, I am become Death, the destroyer of worlds." I suppose we all thought that one way or another.

-J. Robert Oppenheimer

Actually Oppenheimer said that with regret, as a bad thing.

Good and bad... such mortal concepts.
dEBRUYNE
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February 23, 2016, 03:51:04 PM
 #29322

https://news.bitcoin.com/meet-top-3-coins-cryptocurrency-anonymity-race/

TL:DR Dash, Monero, Zcash

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
birr
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February 23, 2016, 05:19:40 PM
 #29323

If you want to be a destroyer join monero. It's the perfect place for you.

Done and done.

Quote
We knew the world would not be the same. A few people laughed, a few people cried, most people were silent. I remembered the line from the Hindu scripture, the Bhagavad-Gita. Vishnu is trying to persuade the Prince that he should do his duty and to impress him takes on his multi-armed form and says, "Now, I am become Death, the destroyer of worlds." I suppose we all thought that one way or another.

-J. Robert Oppenheimer

Actually Oppenheimer said that with regret, as a bad thing.

Good and bad... such mortal concepts.
Sure, be that way.
Get all Nietzsche on us.
Herp
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February 23, 2016, 05:22:53 PM
 #29324

If you want to be a destroyer join monero. It's the perfect place for you.

Done and done.

Quote
We knew the world would not be the same. A few people laughed, a few people cried, most people were silent. I remembered the line from the Hindu scripture, the Bhagavad-Gita. Vishnu is trying to persuade the Prince that he should do his duty and to impress him takes on his multi-armed form and says, "Now, I am become Death, the destroyer of worlds." I suppose we all thought that one way or another.

-J. Robert Oppenheimer

Actually Oppenheimer said that with regret, as a bad thing.

Good and bad... such mortal concepts.
Sure, be that way.
Get all Nietzsche on us.

Poor understanding of Nietzsche. It's good and evil, not good and bad he had a beef with. Evil and good presented in this dichotomy are mystical religious concepts.

But back to the issue at hand; I see volume keeps dropping as I've predicted. Down to 80k now from 600k-800k fake volume. Expect volume to go as low as 30k. Price will follow the volume towards 4 mil mkt cap.


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itry
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February 23, 2016, 05:26:23 PM
 #29325

I made a good amount with this coin. I still hold a few...can't wait to see it go up  Smiley :-)
Herp
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February 23, 2016, 05:29:07 PM
 #29326

I made a good amount with this coin. I still hold a few...can't wait to see it go up  Smiley :-)

Hope is not an investment strategy. Wink


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aminorex
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February 23, 2016, 05:31:57 PM
 #29327

Did a little study of historical GDP trends.  Upon reasonable assumptions, I conclude that global per capita GDP has grown 75bp/an since 1500, correlated about R2~0.7 with population growth rate (albeit highly non-linear).  Why do I mention this?  Because I think the long-term block subsidy is calibrated very well to support global currency use:  The XMR supply can be reasonably expected to increase at almost exactly the same rate the the GDP does, during a period of sustainable population stability, and hence the value of one unit of XMR will tend to be about as stable as one could feasibly hope for it to be, once usage saturation has occurred, regardless of the share of currency, so long as that share is stable.  In other words, it is unlikely than anything short of heroically innovative measures could produce a  currency which is better suited to long-term value-stability.

Also, please don't water the noxious weeds.

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.
Herp
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February 23, 2016, 05:37:20 PM
 #29328

Did a little study of historical GDP trends.  Upon reasonable assumptions, I conclude that global per capita GDP has grown 75bp/an since 1500, correlated about R2~0.7 with population growth rate (albeit highly non-linear).  Why do I mention this?  Because I think the long-term block subsidy is calibrated very well to support global currency use:  The XMR supply can be reasonably expected to increase at almost exactly the same rate the the GDP does, during a period of sustainable population stability, and hence the value of one unit of XMR will tend to be about as stable as one could feasibly hope for it to be, once usage saturation has occurred, regardless of the share of currency, so long as that share is stable.  In other words, it is unlikely than anything short of heroically innovative measures could produce a  currency which is better suited to long-term value-stability.

Also, please don't water the noxious weeds.

What a profoundly constipated paragraph. Cheesy


In other words, it is unlikely than anything short of heroically innovative measures could produce a  currency which is better suited to long-term value-stability.


Nope. Dozens of cryptocurrencies out there that are much more innovative and cooler. Dash is one of them. Monero is a one trick pony. It can only do anonymity. Dash can do so much more.


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CTTE
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February 23, 2016, 06:44:44 PM
 #29329

Did a little study of historical GDP trends.  Upon reasonable assumptions, I conclude that global per capita GDP has grown 75bp/an since 1500, correlated about R2~0.7 with population growth rate (albeit highly non-linear).  Why do I mention this?  Because I think the long-term block subsidy is calibrated very well to support global currency use:  The XMR supply can be reasonably expected to increase at almost exactly the same rate the the GDP does, during a period of sustainable population stability, and hence the value of one unit of XMR will tend to be about as stable as one could feasibly hope for it to be, once usage saturation has occurred, regardless of the share of currency, so long as that share is stable.  In other words, it is unlikely than anything short of heroically innovative measures could produce a  currency which is better suited to long-term value-stability.

Also, please don't water the noxious weeds.

What a profoundly constipated paragraph. Cheesy


In other words, it is unlikely than anything short of heroically innovative measures could produce a  currency which is better suited to long-term value-stability.


Nope. Dozens of cryptocurrencies out there that are much more innovative and cooler. Dash is one of them. Monero is a one trick pony. It can only do anonymity. Dash can do so much more.
I wouldn't get into it with Aminorex...  He can out think you with both lobes tied behind his back!   Cheesy
Herp
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February 23, 2016, 07:52:56 PM
 #29330

Did a little study of historical GDP trends.  Upon reasonable assumptions, I conclude that global per capita GDP has grown 75bp/an since 1500, correlated about R2~0.7 with population growth rate (albeit highly non-linear).  Why do I mention this?  Because I think the long-term block subsidy is calibrated very well to support global currency use:  The XMR supply can be reasonably expected to increase at almost exactly the same rate the the GDP does, during a period of sustainable population stability, and hence the value of one unit of XMR will tend to be about as stable as one could feasibly hope for it to be, once usage saturation has occurred, regardless of the share of currency, so long as that share is stable.  In other words, it is unlikely than anything short of heroically innovative measures could produce a  currency which is better suited to long-term value-stability.

Also, please don't water the noxious weeds.

What a profoundly constipated paragraph. Cheesy


In other words, it is unlikely than anything short of heroically innovative measures could produce a  currency which is better suited to long-term value-stability.


Nope. Dozens of cryptocurrencies out there that are much more innovative and cooler. Dash is one of them. Monero is a one trick pony. It can only do anonymity. Dash can do so much more.
I wouldn't get into it with Aminorex...  He can out think you with both lobes tied behind his back!   Cheesy

Hope you all know monero's going to 4mil mkt cap where it belongs, don't you? You've been the victims of a fake volume pump as I have warned few days ago.


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CTTE
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February 23, 2016, 08:24:34 PM
 #29331

Do you actually know how stupid that sounds when you use the phrase "fake volume pump"?  The volume is the volume...  either Monero was traded or it wasn't! There is no such thing as "fake volume".
Herp
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February 23, 2016, 08:58:40 PM
 #29332

Do you actually know how stupid that sounds when you use the phrase "fake volume pump"?  The volume is the volume...  either Monero was traded or it wasn't! There is no such thing as "fake volume".

Wow. Amazing.

Are monero community members this retarded? This project is going down fast.

Of course there is such a thing as fake volume, organized pumps and such. Poor sucker... I take pity on you.

http://www.ofnumbers.com/2014/01/03/how-to-detect-if-a-cryptocurrency-exchange-is-fudging-numbers/
http://www.coindesk.com/reality-chinese-trading-volumes/
http://www.coindesk.com/huobi-ceo-addresses-fake-trading-volume-rumours/
http://www.bitcoinfuturesguide.com/bitcoin-blog/is-there-fake-trading-volume-on-bitstamp
https://bitcointalk.org/index.php?topic=1253730.0


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wpalczynski
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February 23, 2016, 09:08:54 PM
 #29333

Do you actually know how stupid that sounds when you use the phrase "fake volume pump"?  The volume is the volume...  either Monero was traded or it wasn't! There is no such thing as "fake volume".

Wow. Amazing.

Are monero community members this retarded? This project is going down fast.

Of course there is such a thing as fake volume, organized pumps and such. Poor sucker... I take pity on you.

http://www.ofnumbers.com/2014/01/03/how-to-detect-if-a-cryptocurrency-exchange-is-fudging-numbers/
http://www.coindesk.com/reality-chinese-trading-volumes/
http://www.coindesk.com/huobi-ceo-addresses-fake-trading-volume-rumours/
http://www.bitcoinfuturesguide.com/bitcoin-blog/is-there-fake-trading-volume-on-bitstamp
https://bitcointalk.org/index.php?topic=1253730.0

Saying Fake you are implying that those trades did not in fact happen?  Volume is falsified by Poloniex?

Or are you alleging some organized selling and buying effort in what you refer to as the pump?  In which case the volume wouldn't be fake.

GingerAle
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February 23, 2016, 09:11:20 PM
 #29334

jesus monkey butt stop quoting and responding to this guy! He will eventually go away.

< 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 !!! @@@@
wpalczynski
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February 23, 2016, 09:13:15 PM
 #29335

jesus monkey butt stop quoting and responding to this guy! He will eventually go away.

My bad.  I usually don't feed the trolls but I indulged.

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February 23, 2016, 09:14:11 PM
 #29336

Do you actually know how stupid that sounds when you use the phrase "fake volume pump"?  The volume is the volume...  either Monero was traded or it wasn't! There is no such thing as "fake volume".

Wow. Amazing.

Are monero community members this retarded? This project is going down fast.

Of course there is such a thing as fake volume, organized pumps and such. Poor sucker... I take pity on you.

http://www.ofnumbers.com/2014/01/03/how-to-detect-if-a-cryptocurrency-exchange-is-fudging-numbers/
http://www.coindesk.com/reality-chinese-trading-volumes/
http://www.coindesk.com/huobi-ceo-addresses-fake-trading-volume-rumours/
http://www.bitcoinfuturesguide.com/bitcoin-blog/is-there-fake-trading-volume-on-bitstamp
https://bitcointalk.org/index.php?topic=1253730.0

Saying Fake you are implying that those trades did not in fact happen?  Volume is falsified by Poloniex?

Or are you alleging some organized selling and buying effort in what you refer to as the pump?  In which case the volume wouldn't be fake.

I don`t like repeating myself but what the hell:

https://bitcointalk.org/index.php?topic=1272304.msg13907908#msg13907908

I have made this call on the 16. Where was price and volume then and where is price and volume now?



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c789
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February 23, 2016, 11:03:50 PM
 #29337

I keep seeing news like this, and while this is good for Monero, please consider who you vote for. Bigger government = more control, and we definitely don't need that.

http://www.breitbart.com/big-government/2016/02/23/governments-of-the-world-are-coming-for-your-cash/

Comparison of Privacy-Centric Coins: https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.php also includes Verge and Pivx
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February 24, 2016, 08:17:55 AM
 #29338

Crosspost from https://forum.getmonero.org/20/general-discussion/2424/help-an-80-years-old-women-bojia-bikova-to-pay-her-fine-for-a-few-uprooted-strings-of-hemp?page=&noscroll=1#post-4679

Quote
On February 17, 2016 we donated the money to Bojia. Video (Bulgarian, no subtitles yet): https://www.youtube.com/watch?v=KMDEsgnDQ_4. I could also post the donation agreements and the receipts if someone is interested to see those (personal data will be erased where appropriate). Screenshot:

About me | zRMicroArray - phase 2 - Gene Expression Analysis software | [Weed Like to Talk - Bulgaria] Start a wave of cannabis seminars in Europe | Monero weighted average price stats: moneroprice.i2p
BTC: 1KoCX7TWKVGwqmmFw3CKyUSrKRSStueZar | NMC: NKhYEYpe1Le9MwHrwKsdSm5617J4toVar9 | XMR (Tip me a beer OpenAlias Monero address): tip.changetheworldwork.com
[XMR] Monero - A secure, private, untraceable cryptocurrency: 4AyRmUcxzefB5quumzK3HNE4zmCiGc8vhG6fE1oJpGVyVZF7fvDgSpt3MzgLfQ6Q1719xQhmfkM9Z2u NXgDMqYhjJVmc6KX
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February 24, 2016, 11:09:43 AM
 #29339

Quote
Now, researchers from Tel Aviv University and Technion have gone a step further than past efforts, and found a way to steal data from air-gapped machines while their equipment is in another room...
...this is the first time such an approach has been used specifically against elliptic curve cryptography running on a PC, the authors say...
...The developers of GnuPG have since released countermeasures to the method. Tromer said that the changes make GnuPG “more resistant to side-channel attack since the sequence of high-level arithmetic operations does not depend on the secret key.”
http://motherboard.vice.com/read/how-white-hat-hackers-stole-crypto-keys-from-an-offline-laptop-in-another-room

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February 24, 2016, 02:04:28 PM
 #29340

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Now, researchers from Tel Aviv University and Technion have gone a step further than past efforts, and found a way to steal data from air-gapped machines while their equipment is in another room...
...this is the first time such an approach has been used specifically against elliptic curve cryptography running on a PC, the authors say...
...The developers of GnuPG have since released countermeasures to the method. Tromer said that the changes make GnuPG “more resistant to side-channel attack since the sequence of high-level arithmetic operations does not depend on the secret key.”
http://motherboard.vice.com/read/how-white-hat-hackers-stole-crypto-keys-from-an-offline-laptop-in-another-room

That's why I always perform all my offline signings in a giant metal room that acts like a faraday cage, while wrapping both myself and computer in copious amounts of tin foil.
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