smooth
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Activity: 2968
Merit: 1198
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May 23, 2014, 10:36:28 PM |
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15 minute chart: pattern of higher lows and higher highs is broken, which puts my upside bias into doubt, on an intraday basis. not enough data to have a daily view. obvious, i know.
eventually i need to get MRO data into the bloomberg terminal, so that i can use my favorite proprietaries on it.
That would actually be a good feature, they should let you create your own data feeds.
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stealth923
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Activity: 1036
Merit: 1000
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May 23, 2014, 10:56:30 PM |
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MRO cannot scale for real world use. It's already dead in the water.
Do you have any evidence for this? Look at his post history. The evidence is there. Wrong - if you look deeper in my post history I was mining MRO for a long time. Yes I am a Dark supporter because I have done my research and am comfortable with my decision. "- is MRO scalable? No. Ring signatures add enormous bloat to the block chain that will become a big problem very soon." https://bitcointalk.org/index.php?topic=583449.msg6862140#msg6862140Also read here from Anonymint who has a lot of respect: https://bitcointalk.org/index.php?topic=583449.msg6662938#msg6662938https://bitcointalk.org/index.php?topic=583449.msg6663386#msg6663386"It already takes hours to days to download the Bitcoin block chain, and you are proposing to increase that by orders-of-magnitude." Darkcoin Dev was going to implement Ring Signatures in V2 - decided against it because of the blockchain bloat that MRO is currently experiencing. So yes - in my opinion - MRO is dead in the water until some of the major flaws are resolved.
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Spekulatius
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Activity: 1022
Merit: 1000
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May 23, 2014, 11:38:47 PM |
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MRO cannot scale for real world use. It's already dead in the water.
It's having bloat issues already.
Cryptonote devs say it has a constant 2-3 times larger blockchain then Bitcoin. This he/she/it emphasized is a linear relation, not an exponential one, so it should be manageable. https://forum.cryptonote.org/viewtopic.php?f=2&t=10&p=614#p94
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stealth923
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Activity: 1036
Merit: 1000
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May 23, 2014, 11:46:28 PM |
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MRO cannot scale for real world use. It's already dead in the water.
It's having bloat issues already.
Cryptonote devs say it has a constant 2-3 times larger blockchain then Bitcoin. This he/she/it emphasized is a linear relation, not an exponential one, so it should be manageable. https://forum.cryptonote.org/viewtopic.php?f=2&t=10&p=614#p94As the degree of anonymity increases - so does the blockchain size on an exponential scale. Not to mention MRO only has a very small user base compared to bitcoin - if it had the same number of concurrent transactions, the blockchain would not be useable. I am running the wallet now and can see how long it takes to sync already.
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smooth
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Activity: 2968
Merit: 1198
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May 24, 2014, 12:42:21 AM |
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MRO cannot scale for real world use. It's already dead in the water.
It's having bloat issues already.
Cryptonote devs say it has a constant 2-3 times larger blockchain then Bitcoin. This he/she/it emphasized is a linear relation, not an exponential one, so it should be manageable. https://forum.cryptonote.org/viewtopic.php?f=2&t=10&p=614#p94As the degree of anonymity increases - so does the blockchain size on an exponential scale. This is false. It increases by a linear factor. But you seem to claim to know beter then the developers, so perhaps people should believe you. Also, as I've explained before, it is possible to have even an exponential growth of the anonymity set (i.e. essentially total anonymity) while maintaining a linear factor in transaction size using sequential mixing (which have some of the usage limitations of coinjoin-style mixing, but still none of the third party trust limitations). There is absolutely a cost to anonymity but it is not exponential and not necessarily unmanageable.
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superresistant
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Merit: 1131
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May 24, 2014, 08:50:10 AM |
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fully anonymous will attract criminals and will not be accepted as a widely adopted crypto
The worst criminals of the world made the banking system and the whole world use it. Darkcoin reached 3rd place in marketcap just by pretending being anonymous. Imagine a real anonymous crypto... I'm speculating that Monero is bullshit and will go to .00000001 based on the quality of the "community" involved. Whenever a new coin has a pack of rabid, flame-retardant fanboys foaming at the mouth over it in trollboxes and forums worldwide, it gives me pause. Most of the time these people don't even know they are brainwashed and pumping on behalf of a larger, more powerful entity who will soon hang them out to dry. I've watched this play out least ten times in the last 2 months, and nobody learns a thing. Different coin, same mind control techniques, same pump and dump. The only thing that ever changes is the name of the coin.
Nice trolling.
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ChetnotAtkins
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May 24, 2014, 09:22:02 AM |
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Monero is on my watchlist, definitely one of the more interesting coins recently
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Djinou94
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Activity: 1036
Merit: 1000
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May 24, 2014, 11:16:00 AM |
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Buy before it's too late
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surfer43
Sr. Member
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Activity: 560
Merit: 250
"Trading Platform of The Future!"
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May 24, 2014, 03:03:25 PM |
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fully anonymous will attract criminals and will not be accepted as a widely adopted crypto
The worst criminals of the world made the banking system and the whole world use it. Darkcoin reached 3rd place in marketcap just by pretending being anonymous. Imagine a real anonymous crypto...My thoughts exactly..
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David Latapie
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May 24, 2014, 06:04:48 PM |
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Darkcoin reached 3rd place in marketcap just by pretending being anonymous. Imagine a real anonymous crypto... Stop imagining and buy: rpietila is a major actor in bitcoin. He is very widely followed. He never bought altcoin before. But he decided to buy Monero. Enjoy the reading. My take on altcoins[...] MRO (Monero)Okay, there was a reason why I wrote on alts. Cause I have just made my first altcoin investment ever! Monero has a trait which pretty much all other alts lack: slow and geometrically decreasing issuance. At present, only 5% of MRO is mined, and even after 4 years there will still be 20% left to be mined. There is no premine, and the community consists of several people Furthermore, it is currently a CPU coin, since the 11 hashing algorithms make it difficult to implement for GPU let alone ASIC. These things make it "fair" so that there is no way to amass large stashes except by working for them in the competitive mining or buying in the open market. The market for the coin is very active and extremely liquid. There was an OTC market in the beginning. MRO was listed in Poloniex 5 days ago and the reception has been good. It has been the most traded coin ever since despite having a market cap of only 1-3 M$! Up to 10% of the outstanding MRO changes hands daily in Poloniex, mitigating the extreme volatility that is plaguing many alts with concentrated ownership. And now comes the main point: The coin has a feature, which is not implementable in Bitcoin - privacy! It is called CryptoNote, and means that all transactions are mixed in a protocol level. This is imo the most advanced privacy that is currently found in crypto universe, although I am sure that some disagree and let them teach me how I am wrong The coin is probably circulating quite widely already. New mining is about 30kMRO per day ( BTC180), which is about $100k (!) and the price is rising (despite that). This is not a pump and dump coin, because the inflation takes care that new coins are constantly coming to the market. A word of warning though - the market cap may seem lucratively small, but the total issuance of MRO is 20 times the current, which is a little less than that of BTC. Therefore it is easy to compare the relative valuations by just comparing the prices. At 0.006 BTC currently, MRO is not the cheapest coin around (1:166 of BTC). I would advice to not buy hastily, and not participate in bubbles (if any). Mining is also an option. This is the first altcoin I bought, and I did it during the time when it had been listed in the exchange. My relative position is less than in BTC though, so if only one remains, I would still do better if it is BTC
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Zer0Sum
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Activity: 1588
Merit: 1000
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May 24, 2014, 06:11:36 PM |
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fully anonymous will attract criminals and will not be accepted as a widely adopted crypto
The worst criminals of the world made the banking system and the whole world use it. Darkcoin reached 3rd place in marketcap just by pretending being anonymous. Imagine a real anonymous crypto... Many people thought Bitcoin was "fully anonymous" for a long time... And the early Bitcoin economy centered on Silk Road and sleazy gambling sites... Didn't hurt BTC... and won't hurt MRO.
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ifightformerkel
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Activity: 1386
Merit: 1000
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May 24, 2014, 07:46:08 PM |
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monero will go up in the next days, the dev team is working in full time.
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twospirit
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May 24, 2014, 07:59:08 PM |
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crash, please
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cmh1977
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May 24, 2014, 08:56:00 PM |
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Because of what?
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drawingthesun (OP)
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Merit: 1015
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May 24, 2014, 09:00:31 PM |
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crash, please Because of what?
So they can double up?
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aminorex
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Activity: 1596
Merit: 1030
Sine secretum non libertas
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May 26, 2014, 06:20:15 PM |
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I expect upwards reversal between here and 0029. Now accumulating. Accumulating aggressively up to 0042 after reversal is clear.
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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.
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White Lion
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May 29, 2014, 09:48:39 PM |
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Bump... will Monero ever reach 0.008?
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GreekBitcoin
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getmonero.org
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May 29, 2014, 09:59:52 PM |
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Bump... will Monero ever reach 0.008?
yes
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Spekulatius
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Activity: 1022
Merit: 1000
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May 29, 2014, 10:26:28 PM |
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how low? 19BTC support at 0.003
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Spekulatius
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May 29, 2014, 10:37:50 PM |
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how low? 19BTC support at 0.003
Ok, support wall was sold into: 0.003 and sinking
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