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Author Topic: [XMR] Monero Speculation  (Read 3313481 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (2 posts by 1+ user deleted.)
e-coinomist
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November 29, 2015, 06:10:57 PM
Last edit: November 29, 2015, 10:21:01 PM by e-coinomist
 #11181

i Think its perfect time to buy
.0009 would be a great triple bottom.
Since Bitcoin keeps mooning, we are likely to see that for an Altcoin next days.
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November 29, 2015, 06:57:49 PM
 #11182

Funding required for XMR pool infrastructure overhaul (done by Wolf0):

https://forum.getmonero.org/8/funding-required/2412/xmr-pool-infrastructure-overhaul?sort=date_desc

PS: Even if you don't have an account you are able to contribute, just press the contribute button and it will explain how to donate.

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
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November 29, 2015, 07:06:15 PM
 #11183

Thank you for the answers guys! So, BIP 47 just makes blockchain analyzers work a bit more difficult. Is it that we have to have both - unlinkability and untraceability - to be anonymous? I mean, why?  Grin Honestly, I don't understand this.

I think unlinkability is not being able to link past payments, whereas untracability is not being able to to trace future payments. Please someone correct me if that's wrong though.

That is part of it yes. Without untracability anyone you pay can follow the trail back and unambiguously identify your other associated transactions (including those that paid you). Without unlinkability once you pay someone you can see other payments (past or future) to the same recipient. The other aspect of it is that a third party can see both of these types of connections, which are the building blocks of blockchain analysis.

"To be anonymous" is a bit vague since it means different things in different contexts. If you want a coin where the chain is hard to analyze and in doing so identify people with transactions, then you want to break both sorts of links described above. Hiding amounts is helpful too.



I like to compare it to, say, mailing cash to someone. Even though the sender knows your address, he can't see what, if any, other payments you have received (ditto for an outside observer). That's unlinkability. No one except you and the sender can tell what amount was sent (confidential transactions).

Finally, assume no return label: even you the recipient has no idea where the cash came (much less an observer). That's untraceability.

The analogy somewhat holds for an in person exchange as well, but it's much harder to be first hop anonymous in that case.

Now it makes sense! Thank you very much for these explanations.


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November 29, 2015, 09:28:45 PM
 #11184

This is the boring part. Pretty much everything I want to buy is likely to continue to decline for a while, so I wait.

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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November 30, 2015, 01:21:55 PM
 #11185

Has this been posted already? If so, I apologize.

You can now donate Monero to the I2P.

I'll send a humble sum to support their decision.

Their link to monero goes to getmonero.com

Which is a dead link.

Shouldn't it be getmonero.org?

Can someone contact them?

I can't am away for the balance of the day.

I sent a Tweet to the person who I believe was in charge of adding Monero to that page. I am confident they will fix it soon

https://twitter.com/XMRpromotions/status/669666613793177600

Update:
@XMRpromotions @i2p @hottuna_i2p @echeloni2p I updated the link and it should be live soon.
https://twitter.com/KillYourTV_I2P/status/671317363460034560


Don't buy Monero: https://twitter.com/MoneroPromotion/status/746006420508729344

XMR: 43hPTYyKarCTWyh4ZnMVn8AtFeEmtzTXo3Y6TGGMV26BWonJ4tpR7eP9RkUDYQbvg6LbrnMXWfghddE NGtvKxr7B5oML4qd
bclcjunkie
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November 30, 2015, 04:57:26 PM
 #11186

this is a really awesome project! adds further strength to monero infrastructure. donation is on its way!

Funding required for XMR pool infrastructure overhaul (done by Wolf0):

https://forum.getmonero.org/8/funding-required/2412/xmr-pool-infrastructure-overhaul?sort=date_desc

PS: Even if you don't have an account you are able to contribute, just press the contribute button and it will explain how to donate.
smooth (OP)
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November 30, 2015, 05:41:09 PM
 #11187

It is an awesome project, IMO, if it gets done for a reasonable cost.

There is a significant possibility that many of the improvements won't be adopted by miners if the experience with Bitcoin is any indication (and I think it is). Nevertheless they are valid improvements for some use cases and would indeed add strength to the infrastructure. My only concern is donators not getting overextended on a somewhat open-ended project that only addresses one particular piece of that infrastructure.

this is a really awesome project! adds further strength to monero infrastructure. donation is on its way!

Funding required for XMR pool infrastructure overhaul (done by Wolf0):

https://forum.getmonero.org/8/funding-required/2412/xmr-pool-infrastructure-overhaul?sort=date_desc

PS: Even if you don't have an account you are able to contribute, just press the contribute button and it will explain how to donate.
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November 30, 2015, 05:59:38 PM
 #11188

Before I could get home and donate this was already funded.

This is only the first step which will analyze what needs to be done.  Let's see what is found.
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November 30, 2015, 07:10:11 PM
 #11189

Before I could get home and donate this was already funded.

This is only the first step which will analyze what needs to be done.  Let's see what is found.

This project is still very alive which causes me to not care about Monero's dollar value at all.

I do however hope that in the end there are not only financial motives from developers to keep on developing, it should come from the heart as well. Monero is achieving something unique and very, very important: true privacy in online payments.

You can figure out what will happen, not when /Warren Buffett
smooth (OP)
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November 30, 2015, 08:16:44 PM
 #11190

Before I could get home and donate this was already funded.

This is only the first step which will analyze what needs to be done.  Let's see what is found.

This project is still very alive which causes me to not care about Monero's dollar value at all.

I do however hope that in the end there are not only financial motives from developers to keep on developing, it should come from the heart as well. Monero is achieving something unique and very, very important: true privacy in online payments.

90-100% of the Monero developers' motivations are exactly that. Even the people being paid by the crowdfunding are not really being paid much considering the market value of their skills, so they're mostly working out of support for the project goals too. The core team is not paid at all.


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November 30, 2015, 09:29:46 PM
 #11191

Although XMR devs don't get paid a regular salary, XMR devs are very well placed to profit from XMR due to their informational advantage. A very small percentage of the world's population is going to have the opportunity to buy XMR for pennies. Yet every XMR dev has that opportunity.

Year 2021
Bitcoin Supply: ~90% mined
Supply Inflation: <1.8%
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November 30, 2015, 09:47:03 PM
 #11192

Has this been posted already? If so, I apologize.

You can now donate Monero to the I2P.

I'll send a humble sum to support their decision.

Their link to monero goes to getmonero.com

Which is a dead link.

Shouldn't it be getmonero.org?

Can someone contact them?

I can't am away for the balance of the day.

I sent a Tweet to the person who I believe was in charge of adding Monero to that page. I am confident they will fix it soon

https://twitter.com/XMRpromotions/status/669666613793177600

Update:
@XMRpromotions @i2p @hottuna_i2p @echeloni2p I updated the link and it should be live soon.
https://twitter.com/KillYourTV_I2P/status/671317363460034560


That's good. Hopefully this is only the begining of xmr recognition by the privacy oriented projects and services.

Bitcoin is NOT anonymous: http://www.bitcoinisnotanonymous.com
aminorex
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December 01, 2015, 10:55:42 AM
 #11193

Good news. Monkey now wants me short 30s (1 week), short spus (1 week), long btc (4 days) and gold (2 weeks).  That means xmrbtc down, short term.  He says to stay short EEM too.   Oil and gold don't have a long-term bottom yet, but gold at least has a short swing.  Oil? Meh.  Can't see much of a swing there with Iran coming back, inventories rising.

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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December 01, 2015, 11:48:00 PM
 #11194

Good news. Monkey now wants me short 30s (1 week), short spus (1 week), long btc (4 days) and gold (2 weeks).  That means xmrbtc down, short term.  He says to stay short EEM too.   Oil and gold don't have a long-term bottom yet, but gold at least has a short swing.  Oil? Meh.  Can't see much of a swing there with Iran coming back, inventories rising.
XMR can only go down. Forever.
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December 02, 2015, 12:01:52 AM
 #11195

Good news. Monkey now wants me short 30s (1 week), short spus (1 week), long btc (4 days) and gold (2 weeks).  That means xmrbtc down, short term.  He says to stay short EEM too.   Oil and gold don't have a long-term bottom yet, but gold at least has a short swing.  Oil? Meh.  Can't see much of a swing there with Iran coming back, inventories rising.
XMR can only go down. Forever. To zero.

Smiley
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December 02, 2015, 12:12:55 AM
 #11196

...
XMR can only go down. Forever.

The bears get to play until 0.9 is released. After that all bets are off. If one expects 0.9 to never get released then yes XMR will continue to go down forever.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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December 02, 2015, 01:23:13 AM
 #11197

...
XMR can only go down. Forever.

The bears get to play until 0.9 is released. After that all bets are off. If one expects 0.9 to never get released then yes XMR will continue to go down forever.

I doubt 0.9 will result in any significant price change. The changes are mostly under the hood from what I understand Maybe if gui was released, it would increase xmr adaptation. But till then, changes to the commandline  interface wont bring influx of new users, in my opinion.

Bitcoin is NOT anonymous: http://www.bitcoinisnotanonymous.com
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December 02, 2015, 01:43:23 AM
 #11198

Good news. Monkey now wants me short 30s (1 week), short spus (1 week), long btc (4 days) and gold (2 weeks).  That means xmrbtc down, short term.  He says to stay short EEM too.   Oil and gold don't have a long-term bottom yet, but gold at least has a short swing.  Oil? Meh.  Can't see much of a swing there with Iran coming back, inventories rising.
XMR can only go down. Forever.

I'm going to go out on a limb and predict that Monero will go up sometime.
canth
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December 02, 2015, 01:54:57 AM
 #11199

Good news. Monkey now wants me short 30s (1 week), short spus (1 week), long btc (4 days) and gold (2 weeks).  That means xmrbtc down, short term.  He says to stay short EEM too.   Oil and gold don't have a long-term bottom yet, but gold at least has a short swing.  Oil? Meh.  Can't see much of a swing there with Iran coming back, inventories rising.
XMR can only go down. Forever.

I'm going to go out on a limb and predict that Monero will go up sometime.


I wouldn't take the other side of that bet.

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December 02, 2015, 01:58:49 AM
 #11200

...
XMR can only go down. Forever.

The bears get to play until 0.9 is released. After that all bets are off. If one expects 0.9 to never get released then yes XMR will continue to go down forever.

I doubt 0.9 will result in any significant price change. The changes are mostly under the hood from what I understand Maybe if gui was released, it would increase xmr adaptation. But till then, changes to the commandline  interface wont bring influx of new users, in my opinion.

Yes significantly more will use it with a gui compared to only cl.

But right now the official binaries allow very few to run it at all.  0.9 will allow almost anybody to run it.  That is very significant.

What will be the result of the 0.9 release?  I have no clue, what else is new Grin  Though it won't be happening in a vacuum. 
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