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[Whoisthelorax]

The only 'advantage' I see with Monero is that it is scarcer than Bytecoin.

However I see two big disadvantages;

It is second run to Bytecoin
It doesn't have any differentiation to Bytecoin (At least Litecoin had scrypt to compete with BTC and even that is not enough apparently)

that a pretty big advantage when you consider hardly anyone is using bytecoin.

monero has created 7% of its expected money supply

bytecoin has created 85% of its currency

[1714714200]

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[Trolololo]

Monero added to Bter:
https://bter.com/trade/XMR_BTC

[smoothie]

The only 'advantage' I see with Monero is that it is scarcer than Bytecoin.

However I see two big disadvantages;

It is second run to Bytecoin
It doesn't have any differentiation to Bytecoin (At least Litecoin had scrypt to compete with BTC and even that is not enough apparently)

that a pretty big advantage when you consider hardly anyone is using bytecoin.

monero has created 7% of its expected money supply

bytecoin has created 85% of its currency

This is just as bad as Quark. Same reason I will never buy any.

I'm not that stupid to fall for an insta-mined coin especially if it has a cap on the amount of coins ever to be produced.

[nanobrain]

subscribing

[ThomasCrowne]

Very interesting thread.  Haven't really heard of Monero before now.  Will have to look into it a bit further and see if my friend can pick a few up for me. If it's on cryptsy yet.

[Dotto]

Nice thread. I'm following it.

I would say that we are in the 4 elliot wave right now, thoughts?

[jabo38]

Usually I think that the first to develop the tech should be the biggest coin.  In this case it would mean bytecoin should be the most valued.  But really 85% premine is terrible.  XMR is one of the few examples where a clone is seriously better than the original.  XMR has been improved and has a better distribution.

[Bassica]

Any more?

Ive always been a fundamentals guy so i marvel at people who use technicals to ride the wave.

Nice price move for bulls to .0055-.006 range.

DEPTH:
80K XMR / 80 btc
67K XMR / 125 btc
56K XMR / 164 btc (today)

Crazy move on depth as the balance has moved from 50/50 XMR (in thousands) at rougly .003 to 25%/75% at double that.

We'll use this ratio as a measuring stick for later price moves (EG: Looking for something like 25k XMR / 300 BTC at a price of .0001 would be continued bullish movement. If it doesn't keep up not a good sign.)



CHART:
Stayed above EMA except one dip. strong bullish trending.



HASH/DIFF:

Jump to 7.4 mm from 5.5 over past 2-3 days. Continued adoption.



We'll see what happens.

Can't find the link for Mintpal voting but currently #4.

Speculation on GUI miner and Mintpal voting seem to be current drivers. Anyone got anything else upcoming folks are interested in with Monero in a nutshell?

Oh I remember those days...