[XMR] Monero - A secure, private, untraceable cryptocurrency

[drawingthesun]

I'm tired of all this Boolberry crap, the only reason anyone is pumping this junk is because the coins became 40 times cheaper than Monero and everyone now has huge stacks of these silly coins hoping to become rich, they are so worthless even I own thousands of Boolberry's, they cost such a small percent of my networth it made sense.

If anyone is wondering, I angered James in the Boolberry thread and he pumped the coin up, I say thankyou for that, because now I have even more Monero and still enough Boolberry to ride your supernetwork IPO and make even more Monero.

It would make me so happy for these Boolberry's to hit zero and never return, and these silly myths about the magnificent Zoidberg and the pumper James finally be laid to rest.

But please, James, pump and pump, I can't lose.

[canth]

Maybe its changed recently but the biggest issue I had with BBR in the first few weeks of it and XMR existing was that BBR is entirely the work of a single developer. He certainly appears prolific and talented but to achieve and maintain growth in the marketplace I believe any coin reaches a point where it needs a team to manage it, and BBR's dev doesn't appear to be the sort of person to devolve responsibility. At some point I suspect it will go the way of many promising tech startups and falter when the key person can no longer juggle all the balls.

Both projects are open source, so anyone may contribute code.  It's very nice that we have two good, but significantly different, CN-based coins to choose from.  XMR represents the democratic, bottom-up approach.  BBR represents the top-down Benevolent Dictator For Life model that worked so well for Linus Torvald's UNIX.  I think both twins will be winners!

Let me pick apart the last statement without using any spelling/grammar nitpicks. "I think both twins will be winners!"

Over what period of time do you feel that BBR/XMR will both be winners? There is a cost to investing in two anoncoins - why would anyone pick the one with fewer merits over the long run? IMO, one coin will grab the majority of the market share until something superior displaces it entirely.

[TooDumbForBitcoin]

Give Smooth a break.  He's had to deal with the Monero scam thread, and now he's got James in his face.  The little victories give him the confidence boost he needs.

[mmortal03]

last thought - i know risto lives in a castle - but, what are the taxes like there, and what country does he live in?   Thanks!  

http://cointelegraph.com/news/11883/3_words_you_didn_t_expect_to_see_together_bitcoin_castle_estonia

[drawingthesun]

Except that Zoidberg is a none trick poney, Linux has expert management skills.

The XMR/BBR sibling rivalry is adorable.  Sound like somebody is cranky because BBR spiked up +25% while XMR crashed -13%.   

Boolberry spiked because I pissed of James. The joke's on him though, I made so much money from that.

[mrcashking]

ahh Picked up some monero today.

[owlcatz]

ahh Picked up some monero today.

same here and profited. sorry (butthurt morons?) haters, hate on us/me all you want. IDC.

[aminorex]

3. Where's the "hasty generalization?"  All I said was that it's very nice to have two significantly different approaches for implementing CN.  Oh Noez, I said something nice about BBR!?  Quick, burn the witch!  

There is a conception, popular among a faction of open source advocates and articulated in the dark enlightenment, that democratic urges are dissipative, and the only viable forms of governance are, in the most extreme form at least, outright dictatorial. But there are many projects which have had great success in the free world which have had much more egalitarian, collegial meritocratic or consensus-driven governance than, e.g. Linux.   My impression is that an order of decreasing centralization of management would be:  BBR, Linux, BTC, XMR.  

It is natural and appropriate to defend the existing, well-working, management structure of XMR against ideologues influenced by dark enlightenment or other precepts.  The more distributed structure makes it more robust to some of the risks which more centralized structures entail.  

Trying to twist that into an antipathy to BBR is way out of line.

[aminorex]

XMR crashed -13%.   

XMR is currently in a massive uptrend from 17 Aug.

[Anotheranonlol]

same here and profited. sorry (butthurt morons?) haters, hate on us/me all you want. IDC.

Boolberry spiked because I pissed of James. The joke's on him though, I made so much money from that.

Pulling out the 'fuk tha h8ers hate on us all u want' card already, nice..  

[eizh]

Hmm, this BBR stuff is quickly going off-topic.

[iCEBREAKER]

3. Where's the "hasty generalization?"  All I said was that it's very nice to have two significantly different approaches for implementing CN.  Oh Noez, I said something nice about BBR!?  Quick, burn the witch!  

There is a conception, popular among a faction of open source advocates and articulated in the dark enlightenment, that democratic urges are dissipative, and the only viable forms of governance are, in the most extreme form at least, outright dictatorial. But there are many projects which have had great success in the free world which have had much more egalitarian, collegial meritocratic or consensus-driven governance than, e.g. Linux.   My impression is that an order of decreasing centralization of management would be:  BBR, Linux, BTC, XMR.  

It is natural and appropriate to defend the existing, well-working, management structure of XMR against ideologues influenced by dark enlightenment or other precepts.  The more distributed structure makes it more robust to some of the risks which more centralized structures entail.  

Trying to twist that into an antipathy to BBR is way out of line

I like you aminorex, because you surprise me with novel opinions and that's a rare talent.  EG, framing a BBR vs XMR debate in terms of DE's neo-royalism.  Wow, I did not expect that!  Kudos!  

But I don't need to "twist" anything to demonstrate antipathy to BBR, because there's plenty of that here already:

I'm tired of all this Boolberry crap, the only reason anyone is pumping this junk is because the coins became 40 times cheaper than Monero and everyone now has huge stacks of these silly coins hoping to become rich, they are so worthless even I own thousands of Boolberry's, they cost such a small percent of my networth it made sense.

It would make me so happy for these Boolberry's to hit zero and never return, and these silly myths about the magnificent Zoidberg and the pumper James finally be laid to rest.

Canth, both coins are already winners in that they are very high profile and growing rapidly despite BTC being in a local downtrend.

We simply don't yet know at this time which one has superior merits, hence hedging.  Disclosure: I spend far more on XMR (in May) than I have on BBR and XCN combined.  So please don't pigeonhole me as a BBR partisan or an external enemy from outside of Cryptonote land.

My response to all of your cultish slings and arrows is this:

Narcissism of small differences

The narcissism of small differences is a term that describes 'the phenomenon that it is precisely communities with adjoining territories, and related to each other in other ways as well, who are engaged in constant feuds and ridiculing each other' – 'such sensitiveness [...] to just these details of differentiation'.

http://en.wikipedia.org/wiki/Narcissism_of_small_differences

[windjc]

BBR will reach Monero's market cap sometime within the next few months. I have no idea if 1 or both coins will survive the next five years are what their "successes" will be. But James is a legit developer and everything he has put his mind to has come together and come together fast. I am a big holder of both coins, but there are going to be a lot of pissed off BTC whales in a few months about all this went down. Because this is going to hit them in their ego and their pocket books short term. Meanwhile, I'll happily ride both trains.

[canth]

BBR will reach Monero's market cap sometime within the next few months. I have no idea if 1 or both coins will survive the next five years are what their "successes" will be. But James is a legit developer and everything he has put his mind to has come together and come together fast. I am a big holder of both coins, but there are going to be a lot of pissed off BTC whales in a few months about all this went down. Because this is going to hit them in their ego and their pocket books short term. Meanwhile, I'll happily ride both trains.

pissed off BTC whales = oxymoron?

I rather doubt there are very many CryptoNote coin holders who don't have massively larger BTC stakes. Sure, there might be a few but they are the exception.

[pa]

BBR will reach Monero's market cap sometime within the next few months. I have no idea if 1 or both coins will survive the next five years are what their "successes" will be. But James is a legit developer and everything he has put his mind to has come together and come together fast. I am a big holder of both coins, but there are going to be a lot of pissed off BTC whales in a few months about all this went down. Because this is going to hit them in their ego and their pocket books short term. Meanwhile, I'll happily ride both trains.

James seems legit: https://bitcointalk.org/index.php?topic=762346.msg8618574#msg8618574

[indiemaps]

This is my first post here, but I am not a "troll".  I am a significant holder, accumulating over the last months, and you can tell by my twitter @indiemaps that I have supported Monero in the past.  But I can't see how anybody can trust the socialist devs of this project after the revelations of the past few days.  I will not dump b/c I believe there is more BTC to be made off this flavor of the season coin.  But I have certainly lost my trust and faith in the coin and team.

The developers claim to want to separate the monetary system from the government, yet David Latapie also believes in socialist education, redistributionist schemes, and forced/violent taxation.  How this is compatible with an anonymous cryptocurrency is beyond me.

I and I hope all the other anarchists who have supported this coin in the past need to move on....to a coin with nonviolent developers who do not wish to force their views of society on us.

There is room for differing views in the developer team. In fact I consider that one our great strengths. I can also assure you that the full range of views is well represented.

I was told specifically on twitter by @monerocurrency that "most people in our team have a similar opinion"

[smooth]

This is my first post here, but I am not a "troll".  I am a significant holder, accumulating over the last months, and you can tell by my twitter @indiemaps that I have supported Monero in the past.  But I can't see how anybody can trust the socialist devs of this project after the revelations of the past few days.  I will not dump b/c I believe there is more BTC to be made off this flavor of the season coin.  But I have certainly lost my trust and faith in the coin and team.

The developers claim to want to separate the monetary system from the government, yet David Latapie also believes in socialist education, redistributionist schemes, and forced/violent taxation.  How this is compatible with an anonymous cryptocurrency is beyond me.

I and I hope all the other anarchists who have supported this coin in the past need to move on....to a coin with nonviolent developers who do not wish to force their views of society on us.

There is room for differing views in the developer team. In fact I consider that one our great strengths. I can also assure you that the full range of views is well represented.

I was told specifically on twitter by @monerocurrency that "most people in our team have a similar opinion"

Please identify the tweet so I can point to it when I ask that our opinions not be misleadingly characterized.

[indiemaps]

https://twitter.com/monerocurrency/status/505851422412636160

And, Anon136:

Yes, it is that I do not trust state socialists to develop the coin that is being described here and desired by the community here.  Yes, I do believe that especially David Latapie would be willing to cooperate with any and all regulators to create backdoors/enable spying on transactions.

Also, I love Hoppe.

[indiemaps]

This is my first post here, but I am not a "troll".  I am a significant holder, accumulating over the last months, and you can tell by my twitter @indiemaps that I have supported Monero in the past.  But I can't see how anybody can trust the socialist devs of this project after the revelations of the past few days.  I will not dump b/c I believe there is more BTC to be made off this flavor of the season coin.  But I have certainly lost my trust and faith in the coin and team.

The developers claim to want to separate the monetary system from the government, yet David Latapie also believes in socialist education, redistributionist schemes, and forced/violent taxation.  How this is compatible with an anonymous cryptocurrency is beyond me.

I and I hope all the other anarchists who have supported this coin in the past need to move on....to a coin with nonviolent developers who do not wish to force their views of society on us.

Decentralized development means different people will have different opinions, see Mike Hearn versus Peter Todd versus sipa in Bitcoin.

If you can't handle other people having different opinions about the monetary systems of the world, you might be fascist.

Nice try.  I can handle other people having any opinion, just not force or violence.  You can have your socialist views, and others will soon have my monero!

[smooth]

Thank you for making us aware of that. I have now learned (I didn't know) that the twitter account is being handled by community volunteers. Their efforts are well meaning and helpful, but it seems things got a little derailed there. For the most part it should only be used for announcements, and certainly not for personal political opinions. We will tighten up controls on it.

I assure you that I have not been polled on my political views (nor I suspect has the rest of the team) so whoever posted that simply does not know what he or she is talking about.