wachtwoord
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Activity: 2338
Merit: 1136
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September 03, 2016, 09:47:33 AM |
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Yes I never understood why DarkCoin (oh sorry Dash or any of the other names it has had) had a far bigger market cap than Monero. If markets would be deep and exchanges stable short Darkcoin long Monero was long the perfect trade (of course we have neither so shorting in crypto land is ill advised).
Then again I also don't understand why ETH, ETC and Ripple (not even a crypto) have larger market caps right now.
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Its About Sharing
Legendary
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Activity: 1442
Merit: 1000
Antifragile
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September 03, 2016, 10:27:32 AM |
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Yes I never understood why DarkCoin (oh sorry Dash or any of the other names it has had) had a far bigger market cap than Monero. If markets would be deep and exchanges stable short Darkcoin long Monero was long the perfect trade (of course we have neither so shorting in crypto land is ill advised).
Then again I also don't understand why ETH, ETC and Ripple (not even a crypto) have larger market caps right now.
Darkcoin/Dash had a pretty good idea - primarily the way they used rewards to fund things. And the instamine holders seemed to not dump too heavily (as the price rose) and since they did their fair share of what amounts to advertising, a lot of buyers came in. It really did sound good to non crypto people. Well, the Monero guys really put out some quality posts regarding the shortcomings in DASH. That saved a lot of people, really. Regarding ETH and Ripple, I got that - with Ripple it was "legitimate" bank use, sky is the limit. With ETH, the next great Crypto tech. This space is just a baby and some of the before mentioned may still "succeed" - depending on your definition. I think it is hard for people to grasp what this space is, even those deep into Crypto - WE DON'T KNOW WHAT THIS REALLY IS AND WHERE IT IS GOING. It is truly a Black Swan and more baby black swan's are coming. Bitcoin might be 10's of thousands of dollars in a few short years. Monero might be a few hundred. And there may be a host of many more in the 10's... And there will be tech coming, who knows what, that is different - just like ETH/LISK, Factom, etc. that will succeed. So, I won't get overconfident and say "I know..."
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BTC = Black Swan. BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
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.m.
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September 03, 2016, 11:22:42 AM |
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What a ride !
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wachtwoord
Legendary
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Activity: 2338
Merit: 1136
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September 03, 2016, 12:03:33 PM |
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Yes I never understood why DarkCoin (oh sorry Dash or any of the other names it has had) had a far bigger market cap than Monero. If markets would be deep and exchanges stable short Darkcoin long Monero was long the perfect trade (of course we have neither so shorting in crypto land is ill advised).
Then again I also don't understand why ETH, ETC and Ripple (not even a crypto) have larger market caps right now.
Darkcoin/Dash had a pretty good idea - primarily the way they used rewards to fund things. And the instamine holders seemed to not dump too heavily (as the price rose) and since they did their fair share of what amounts to advertising, a lot of buyers came in. It really did sound good to non crypto people. Well, the Monero guys really put out some quality posts regarding the shortcomings in DASH. That saved a lot of people, really. Regarding ETH and Ripple, I got that - with Ripple it was "legitimate" bank use, sky is the limit. With ETH, the next great Crypto tech. This space is just a baby and some of the before mentioned may still "succeed" - depending on your definition. I think it is hard for people to grasp what this space is, even those deep into Crypto - WE DON'T KNOW WHAT THIS REALLY IS AND WHERE IT IS GOING. It is truly a Black Swan and more baby black swan's are coming. Bitcoin might be 10's of thousands of dollars in a few short years. Monero might be a few hundred. And there may be a host of many more in the 10's... And there will be tech coming, who knows what, that is different - just like ETH/LISK, Factom, etc. that will succeed. So, I won't get overconfident and say "I know..." DASH is centralized, Ripple is even more centralized (it's not even a crypto) and ETH is Turing Complete which is a bad idea for many reasons.
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ImI
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Activity: 1946
Merit: 1019
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September 03, 2016, 12:11:55 PM |
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hi folks, i heard there is a GUI? can't find it..
cheers
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Globb0
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Activity: 2702
Merit: 2053
Free spirit
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September 03, 2016, 12:29:07 PM |
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I think there is a version you can try, if you are able to compile it yourself.
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opennux
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September 03, 2016, 01:08:06 PM |
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MONERO EXPOSED!!
Exposure part 1 Be carefull investing in Monero there is a lot going behind the scenes ! A well orginized crime is going on on monero price pump . Some serious monero investors and/or monero devs with some well known trollers of other coins (not going to mention names) because they do know who are they have been browsing undernet markets basicaly they are involved with ilegal activities till the point that they are in direct communication with Alphabay admins (not to mention nicknames ) which means they have been pushing hard their scheme of pumping monero. One of this members have proposed to alphabay administrators to accept monero on their ilegal site with the promise to further wash their stolen btc and to multiply them by pumpin the coin x7 times of the original price which shouldnt be more than 2-3$ .
This lucrious proposal have been very attracting to alphabay admins which they immidiately started implementing monero on the site and after that they started the real action (converting stolen bitcoins to monero )in other means stacking up and manipulting the monero market on their only / centralized exchange (i wonder what will happen to monero if poloniex gets hacked probably by criminals like alphabay admins) ....story continues stat tuned for monero exposure ...(part 2 there is going to be made some real revelation )
I can't wait for part 2!!
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Its About Sharing
Legendary
Offline
Activity: 1442
Merit: 1000
Antifragile
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September 03, 2016, 01:33:08 PM |
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Yes I never understood why DarkCoin (oh sorry Dash or any of the other names it has had) had a far bigger market cap than Monero. If markets would be deep and exchanges stable short Darkcoin long Monero was long the perfect trade (of course we have neither so shorting in crypto land is ill advised).
Then again I also don't understand why ETH, ETC and Ripple (not even a crypto) have larger market caps right now.
Darkcoin/Dash had a pretty good idea - primarily the way they used rewards to fund things. And the instamine holders seemed to not dump too heavily (as the price rose) and since they did their fair share of what amounts to advertising, a lot of buyers came in. It really did sound good to non crypto people. Well, the Monero guys really put out some quality posts regarding the shortcomings in DASH. That saved a lot of people, really. Regarding ETH and Ripple, I got that - with Ripple it was "legitimate" bank use, sky is the limit. With ETH, the next great Crypto tech. This space is just a baby and some of the before mentioned may still "succeed" - depending on your definition. I think it is hard for people to grasp what this space is, even those deep into Crypto - WE DON'T KNOW WHAT THIS REALLY IS AND WHERE IT IS GOING. It is truly a Black Swan and more baby black swan's are coming. Bitcoin might be 10's of thousands of dollars in a few short years. Monero might be a few hundred. And there may be a host of many more in the 10's... And there will be tech coming, who knows what, that is different - just like ETH/LISK, Factom, etc. that will succeed. So, I won't get overconfident and say "I know..." DASH is centralized, Ripple is even more centralized (it's not even a crypto) and ETH is Turing Complete which is a bad idea for many reasons. DASH is as centralized as the master nodes allow (and they allow lol). I just don't like it for a host of other reasons. I know that about Ripple, my point was it attracted money for the legitimacy reasons. ETH - Yep, they made that mistake but without that mistake there is no ETH. Perhaps another does it a bit better than them. This tech still might work, but I ain't holding ETH/ETC.
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BTC = Black Swan. BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
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TR8888
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September 03, 2016, 02:07:08 PM |
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What are people using to mine this on 280x? Claymore's or an alternative?
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nrg_wolf
Legendary
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Activity: 882
Merit: 1000
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September 03, 2016, 02:19:24 PM |
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What are people using to mine this on 280x? Claymore's or an alternative?
most are still useing claymores miner, wolf0 does have a gpu miner, but beats me how to make it work, and there is Kminer out there somewhere as well thats faster then claymores with a lower fee, but as before beats me where you can still aquire a copy.
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ImI
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Activity: 1946
Merit: 1019
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September 03, 2016, 02:38:14 PM |
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I think there is a version you can try, if you are able to compile it yourself.
Monero Core?
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jwinterm
Legendary
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Activity: 3136
Merit: 1116
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September 03, 2016, 03:12:15 PM |
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I think there is a version you can try, if you are able to compile it yourself.
Monero Core? Yea, that's the one.
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Xdragon
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September 03, 2016, 03:57:25 PM |
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Why are tx fee so high(from over 1USD to 3USD at todays prices), this coin is useless for small transactions. When we can expect lower fees?
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GreekBitcoin
Legendary
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Activity: 1428
Merit: 1001
getmonero.org
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September 03, 2016, 04:00:53 PM |
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Why are tx fee so high(from over 1USD to 3USD at todays prices), this coin is useless for small transactions. When we can expect lower fees?
Its because the price raised a bit . The fee will be changed in the future. And this coin is not for very small transactions anyway.
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Xdragon
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September 03, 2016, 04:03:21 PM |
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Yes, but is also very high considering mining....
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superresistant
Legendary
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Activity: 2156
Merit: 1131
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September 03, 2016, 04:13:48 PM |
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Why are tx fee so high(from over 1USD to 3USD at todays prices), this coin is useless for small transactions. When we can expect lower fees?
Bitcoin never meant to be used for micro-transaction and Monero even less. Monero is a very specialized crypto that focuses of anonymity only. Yes, but is also very high considering mining....
This is true. Mining-pools can barely make payment few times a day with actual fees and the minimum payment will get higher.
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StratisKing
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September 03, 2016, 04:35:32 PM Last edit: September 03, 2016, 04:50:10 PM by StratisKing |
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Just witnessed the crazy pump on monero, i dare not imagine this happens, it seems that darknet market players buy lots of xmr.
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golfhuso
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September 03, 2016, 04:45:30 PM |
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any reason for the price rising guys?
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