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Author Topic: [XMR] Monero Speculation  (Read 3309502 times)
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November 10, 2014, 02:02:16 AM
 #1381

All of those advancements will be made by the end of 2014? IE in less than 2 months? --Just curious.


I am proud to say that I joined the Monero bandwagon today. Using that command prompt style wallet makes me feel like I'm in the early days of bitcoin.

If anyone would like to give me some Monero to start off with my address is this: 46aWMLjf2aYKwFHt27Rsc21njMecyvGcniRhSYcsZr5pLvRd92KanY73HgEzRVRdoRfiPfYFwMNxr1y ZhdamPEaBS9DGk8X


Currently my purchased coins are on an exchange and I will move them over once I feel comfortable with the Monero client. If there is anything I can do to help spread the word let me know Cheesy

Edit:
Other stuff that will help increase adoption is making it more known that the total coin cap is about 18 million coins (even on monero.cc it's hidden in some details). Took me a while to hunt that down.

I would also show ancillary services such as blockchains for it, also a pain to find. I found this one: http://chainradar.com/xmr/blocks but there should also be a moneriochain.info or moneroblockchain.com/info etc.

Also the main website could use some aesthetic appeal (maybe I can help with this?).

Welcome.  I know you were responding to a post here but the content of your post is more for the main ANN thread where you will likely get more answers and help.  Anyway, yes things have been and are being continually worked on.  The database is almost finished and it has been said the GUI won't be ready before Christmas.  Hopefully Jan. next year.  It ain't no run of the mill GUI.  That is nowhere near the end of development already in the works.  Yes the website leaves a lot to be desired and is also currently being worked on.  I have no idea where they are with that.  Monerochain.info is no longer functional. 
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November 10, 2014, 02:04:53 AM
 #1382

When is GUI wallet going to be done?  We are not going to see adoption until Joe Smo can click to send Anon money.

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November 10, 2014, 02:10:37 AM
 #1383

All of those advancements will be made by the end of 2014? IE in less than 2 months? --Just curious.


I am proud to say that I joined the Monero bandwagon today. Using that command prompt style wallet makes me feel like I'm in the early days of bitcoin.

If anyone would like to give me some Monero to start off with my address is this: 46aWMLjf2aYKwFHt27Rsc21njMecyvGcniRhSYcsZr5pLvRd92KanY73HgEzRVRdoRfiPfYFwMNxr1y ZhdamPEaBS9DGk8X

<snip>

Sent over a small transaction. Welcome! While it'll turn off 75% of users, the cmd line wallet is very simple to manage at least.

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November 10, 2014, 02:54:55 AM
 #1384

All of those advancements will be made by the end of 2014? IE in less than 2 months? --Just curious.


I am proud to say that I joined the Monero bandwagon today. Using that command prompt style wallet makes me feel like I'm in the early days of bitcoin.

If anyone would like to give me some Monero to start off with my address is this: 46aWMLjf2aYKwFHt27Rsc21njMecyvGcniRhSYcsZr5pLvRd92KanY73HgEzRVRdoRfiPfYFwMNxr1y ZhdamPEaBS9DGk8X

<snip>

Sent over a small transaction. Welcome! While it'll turn off 75% of users, the cmd line wallet is very simple to manage at least.

Thank you! I actually can't see it yet because I made the fatal error of closing my wallet without the "exit" command, whoops!

Looks like volume is currently low, but price is recovering over the past 4 days.

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November 10, 2014, 02:58:47 AM
 #1385

When is GUI wallet going to be done?  We are not going to see adoption until Joe Smo can click to send Anon money.

There are two open source GUI wallets that are independent projects. Both are somewhat usable but have suffered from lack of community interest in continuing development, especially in terms of clean up and packaging that would make them easy to install and use.

There is another wallet under development by the core team. The most recent target date for a first release is Christmas. There have been some preview builds before and another one is expected soon.


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November 10, 2014, 03:13:32 AM
 #1386

When is GUI wallet going to be done?  We are not going to see adoption until Joe Smo can click to send Anon money.

There are two open source GUI wallets that are independent projects. Both are somewhat usable but have suffered from lack of community interest in continuing development, especially in terms of clean up and packaging that would make them easy to install and use.

There is another wallet under development by the core team. The most recent target date for a first release is Christmas. There have been some preview builds before and another one is expected soon.




Ugg, another month and a half. Sad

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November 10, 2014, 01:48:11 PM
 #1387

I see last days on Poloniex that sell orders are slowly melting down, for like half of daily emission per day. I am sure bitcoin growth helps, but i think it started happening before that.
Maybe this are last hours of Monero under 0.002 btc.
If BTC will go over $400 and stay there, that is most possible.
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November 10, 2014, 03:00:53 PM
Last edit: November 10, 2014, 08:12:52 PM by turtoro
 #1388

Potential investor here with no skin in the game yet. Interesting debate. I have been following XMR from the early days, around the time Risto/Fluffy et al came on board.

Let me give an outsiders perspective.

All arguments for and against emission change are fascinating. Bottom line though is that interest and value have to be injected from new individuals to maintain and grow that value. Unfortunately the BTC market is in the dull-drowns at the moment, and many people (including me) are fed up with the altcoin market. The money flowing in has gone down to a trickle.  Its a stagnant market at the moment. If you believe in the premise of Crypto, than this will change. Once the overall sentiment does change, you want to make sure that XMR can present a strong case as a viable alternative in the niche. That is, development has been steady and active, and fundamental principles remain un altered (ie the coin remains untouched).

Any "quick fix" will be looked at negatively in the future. My advice is maintain things as they are, continue with development, continue gaining exposure, and the market will come to you when its ready. Personally, if I felt the Crypto market was headed for a rebound next week, XMR is the first coin I would buy up today.

There is too much uncertainty today overall,  but have a firm direction, implement all features, remain innovative, and when the clouds settle xmr will come out dry. Think long term instead of short term if this project is worth its weight.

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November 10, 2014, 03:08:45 PM
 #1389

I see last days on Poloniex that sell orders are slowly melting down, for like half of daily emission per day. I am sure bitcoin growth helps, but i think it started happening before that.
Maybe this are last hours of Monero under 0.002 btc.
If BTC will go over $400 and stay there, that is most possible.

Knowing we're very close to a released DB implementation, and reasonably close to a GUI should explain part of it, too. (+ multisigs being worked on, with a design unseen yet in cryptos!).
We haven't seen any tangible improvements to the code being officially merged&released since months, so when the significant stuff everybody's been waiting for finally get "real", it must have an effect... As often part of the effect gets priced in shortly before the things are actually happening.
For sure the next couple of months is gonna be way more exciting than the last couple of months.  Wink


Potential investor here with no skin in the game yet. Interesting debate. I have been following XMR from the early days, around the time Risto came on board.

Let me give an outsiders perspective.

All arguments for and against emission change are fascinating. Bottom line though is that interest and value have to be injected from new individuals to maintain and grow that value. Unfortunately the BTC market is in the dull-drowns at the moment, and many people (including me) are fed up with the altcoin market. The money flowing in has gone down to a trickle.  Its a stagnant market at the moment. If you believe in the premise of Crypto, than this will change. Once the overall sentiment does change, you want to make sure that XMR can present a strong case as a viable alternative in the niche. That is, development has been steady and active, and fundamental principles remain un altered (ie the coin remains untouched).

Any "quick fix" will be looked at negatively in the future. My advice is maintain things as they are, continue with development, continue gaining exposure, and the market will come to you when its ready. Personally, if I felt the Crypto market was headed for a rebound next week, XMR is the first coin I would buy up today.

There is too much uncertainty today overall,  but have a firm direction, implement all features, remain innovative, and when the clouds settle xmr will come out dry. Think long term instead of short term if this project is worth its weight.

Thanks for the "fresh" view. You're describing exactly what I would love to keep supporting.

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
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November 10, 2014, 04:27:53 PM
 #1390

I see last days on Poloniex that sell orders are slowly melting down, for like half of daily emission per day. I am sure bitcoin growth helps, but i think it started happening before that.
Maybe this are last hours of Monero under 0.002 btc.
If BTC will go over $400 and stay there, that is most possible.

I sure hope so.  XMR under .002 is cheap IMO.
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November 10, 2014, 11:13:46 PM
 #1391

Perhaps Monero was a pump & dump after all. The miners rigged the original vote about reasonable emission curve in their hopes of making money with optimized (non-deoptimized) mining software. It worked. The promise of finally having something fresh in the altcoin scene, with fair launch and compelling new tech was so good.

I think the only people who have understandable grounds in opposing the emission cut are the only ones who benefit from the current situation - the privileged miners, ones who should not even exist, according to my understanding from the others who are deeply involved. If I have been wrong and such people do exist, their short-term interest is to have as high emission as possible (same as in April when they foiled the vote the last time). Long term (a few months probably), the coin is mortally wounded, but to them it does not matter.

A common tactic in high-profile voting is to demonize the ones who lean on the opposite side. But that's what I am going to do anyway  Grin

If you reject the proposal of the emission cut, the hardest part for me is that I am not sure if you even have Monero's good in mind.

Hey, how about we change this discussion to the Monero Forum! It is a better software than this!

^^^This kind of stuff is why I don't join self-important harmless-at-best granfalloons like the BTC Foundation and your MEW.

You knew the emission curve when you bought and it is not fair to change the rules in the middle of game.

Since you are demonizing, I will up the ante and psychologize:

Please take a vacation for the remainder of the low phase of your manic depressive cycle.  And don't forget your crazy pills!

Monero is only six months old and not even complete; it's far too early to panic because you're getting cold feet and going off the rails (again).

The emission will not be changed merely to assuage your desire for a short-term pump attempt.

You are hereby relieved of your duties as the CEO Of Monero until such time as you regain your composure and stop creating unhealthy controversial FUD about the settled issue of (main body, non-tailend) emission.

If you want out, feel free to dump at a loss into my stronger hands.   Wink


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November 10, 2014, 11:44:10 PM
 #1392

let us all be cool here Smiley this is not the darkcoin thread - if and really if it is a matter of 3 months to have a working gui and the database issue solved we should definetely stick to the emission curve, if it takes for whatever reasons a year we should change.

looking at smooth post I think the answer is clear regarding this issue.
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November 11, 2014, 12:50:41 AM
 #1393

If the issue could be lived with, considering how critical the sanctity of fixed emission speed is, surely the debate would have died out months ago! Is anyone proposing that Bitcoin change emission? I mean seriously. If this matter did not have the support of the majority of the Monero owners, the proponents of slower emission would have just sold and moved on.

That it is still ongoing, indicates that we love Monero, and want it to live, which, in our opinion can be secured by slower curve - foremost because that leaves more emission for the rapid adoption phase and thwarts the risk of a "fair fork" later on, but also because it contributes to the short term market situation, which is at the point where anyone with serious money does not want to invest and current community cannot find the rationale for spending time on the coin whose future is endangered.

If the emission is really such a terrible problem, then why isn't boolberry or another cryptonote with slower emission taking more of the total cryptonote market cap? Are you suggesting extending the emission by more than a factor of two (I believe boolberry is emitted twice as slowly as monero)?

The emission debate did die out months ago, with a better than rough consensus that the possible benefits of slower emission are outweighed by the 100% certain loss of trust resulting from breaking the social contract:

Quote

The debate was only revived due to the recent drop in BTC and XMR prices causing whale panic attacks.

Good point about other BBR already offering slower emission.  How about the MEW dumps their XMR, changes to become the BEW, and leaves us alone?   Grin


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November 11, 2014, 12:57:02 AM
 #1394

Quote

Honestly that poll was a joke. There were very likely not 42 legitimate stakeholders at the time. More like 10-20 plus BCN-controlled sock puppets.

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November 11, 2014, 01:04:15 AM
 #1395

Quote

Honestly that poll was a joke. There were very likely not 42 legitimate stakeholders at the time. More like 10-20 plus BCN-controlled sock puppets.



Honestly I didn't vote for 2 reasons. 1 I wasn't holding yet and 2 I still don't really grasp the concept enough to feel capable of making an informed decision (and I'm too lazy to research it).


Ohh and not to beat a dead horse but I think it would be a good idea to think about releasing the wallet as a binary so as to keep it monero specific. Before you people flame me on this take some time to think of the various ramifications of both release methods. Wink

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November 11, 2014, 01:22:51 AM
 #1396

This isn't the area for this post, but since I put my XMR address here yesterday I'm hoping to find a specific person...

Yesterday/today someone sent me what I would be consider to be a very large amount of coins to just giveaway. If you sent me greater than 30 XMR recently can you please post or PM me your XMR address AND how many coins you sent me (proof it was you). I'm going to conduct my first send transaction and I may as well send some of your coins back to you Smiley

By the way, super THANKS for all that XMR. I hate to admit this, but that XMR "tip" just doubled my current XMR investment as I learn how it all works Cheesy

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November 11, 2014, 01:55:01 AM
 #1397

Quote

Honestly that poll was a joke. There were very likely not 42 legitimate stakeholders at the time. More like 10-20 plus BCN-controlled sock puppets.

Does a voter in the poll have to agree with you to be considered a "legitimate stakeholder?"   Tongue

Is this like the EU referendums where a country will have to keep on voting until they get the right (IE Pro Brussels) result?   Cheesy

Regardless of the poll numbers, a rough consensus (that the possible benefits of slower emission are outweighed by the 100% certain loss of trust resulting from breaking the social contract) did emerge from the discussion on that and other threads, which is why the emission wasn't changed.

And the debate did die down for a few months, until a little bit of mean reversion caused a whale with delusions of grandeur to freak out and demand Something Be DoneTM.


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November 11, 2014, 01:58:41 AM
 #1398

Quote

Honestly that poll was a joke. There were very likely not 42 legitimate stakeholders at the time. More like 10-20 plus BCN-controlled sock puppets.

Does a voter in the poll have to agree with you to be considered a "legitimate stakeholder?"   Tongue

No, I'm giving my opinion that there was ballot stuffing of vastly larger magnitude than honest participation. I can't prove it, but that is my opinion.

Furthermore, I never supported (nor support) the idea of a bitcointalk "poll" as a meaningful method of actual voting.

The poll was created by TFT who almost certainly was a BCN shill or associated in some manner with the BCN/CN scam operation.



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November 11, 2014, 02:04:29 AM
 #1399

Quote

Honestly that poll was a joke. There were very likely not 42 legitimate stakeholders at the time. More like 10-20 plus BCN-controlled sock puppets.

Does a voter in the poll have to agree with you to be considered a "legitimate stakeholder?"   Tongue

No, I'm giving my opinion that there was ballot stuffing of vastly larger magnitude than honest participation. I can't prove it, but that is my opinion.

Furthermore, I never supported (nor support) the idea of a bitcointalk "poll" as a meaningful method of actual voting.

The poll was created by TFT who almost certainly was a BCN shill or associated in some manner with the BCN/CN scam operation.

Regardless of the poll numbers, a rough consensus (that the possible benefits of slower emission are outweighed by the 100% certain loss of trust resulting from breaking the social contract) did emerge from the discussion on that and other threads, which is why the emission wasn't changed.

And the debate did die down for a few months, until a little bit of mean reversion caused a whale with delusions of grandeur to freak out and demand Something Be DoneTM.


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"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
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November 11, 2014, 02:23:54 AM
 #1400

Quote

Honestly that poll was a joke. There were very likely not 42 legitimate stakeholders at the time. More like 10-20 plus BCN-controlled sock puppets.

Does a voter in the poll have to agree with you to be considered a "legitimate stakeholder?"   Tongue

No, I'm giving my opinion that there was ballot stuffing of vastly larger magnitude than honest participation. I can't prove it, but that is my opinion.

Furthermore, I never supported (nor support) the idea of a bitcointalk "poll" as a meaningful method of actual voting.

The poll was created by TFT who almost certainly was a BCN shill or associated in some manner with the BCN/CN scam operation.

Regardless of the poll numbers, a rough consensus (that the possible benefits of slower emission are outweighed by the 100% certain loss of trust resulting from breaking the social contract) did emerge from the discussion on that and other threads, which is why the emission wasn't changed.

Somewhat. The extent of BCN/CN involvement with the non-BCN clone coins including Monero was not known at the time, so it wasn't possible to evaluate the effect of that involvement and/or interference.

Quote
And the debate did die down for a few months, until a little bit of mean reversion caused a whale with delusions of grandeur to freak out and demand Something Be DoneTM.

I'm not any of the whales but my opinion has never changed despite price. The previous discussion on the topic happened at a much higher price if I recall. Maybe some people were under water even then (who bought on the Mintpal pump for example) but I was not one of them (I sold to the Mintpal pumpers).


 



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