[XMR] Monero Speculation

[meme magic]

Monero sounds too stupid to begin with. Not even mentioning its completely flawed architecture. You got a piece of the altcoin pump pie and now you will once again fade into oblivion. Get a job.

u silly family

[explorer]

http://Monerohash.com/nodes-distribution.html is indicating 170 active nodes.  That is the highest I've seen in the short time I've been watching that page.  Has anyone kept track of past data?  I'm curious as to how this fits historically.

[DaveyJones]

Monero sounds too stupid to begin with. Not even mentioning its completely flawed architecture. You got a piece of the altcoin pump pie and now you will once again fade into oblivion. Get a job.

Meh... what is flawed in the architecture... hate people that throw around words but do not even give an argument. And the sound of something is subjective you don´t like it ... others do.

[smooth]

Monero sounds too stupid to begin with. Not even mentioning its completely flawed architecture. You got a piece of the altcoin pump pie and now you will once again fade into oblivion. Get a job.

Meh... what is flawed in the architecture... hate people that throw around words but do not even give an argument. And the sound of something is subjective you don´t like it ... others do.

I was going to delete the likely troll post/replies but the above bold is actually a reasonable question. We'll see if Sukovsky responds, otherwise, let's try to ignore the trolling and not reply to it.

[nioc]

http://Monerohash.com/nodes-distribution.html is indicating 170 active nodes.  That is the highest I've seen in the short time I've been watching that page.  Has anyone kept track of past data?  I'm curious as to how this fits historically.

I have been watching but only tracking with my memory.  Before the release of 0.9 the avg was ~125 and after it went up to 150.  The highest I have seen was 166 a week or 2 ago when there was lots of exchange activity.  I believe these are nodes with a high % of uptime.  I don't know how that is figured.

Nibbled today at below freezing.

The ask side is always thin on bittrex so it's place a bid and wait.  There are no real asks till 288  

EDIT: someone woke up, some asks are now ~272

[equipoise]

http://Monerohash.com/nodes-distribution.html is indicating 170 active nodes.  That is the highest I've seen in the short time I've been watching that page.  Has anyone kept track of past data?  I'm curious as to how this fits historically.

That's the historical full nodes (port 18080 open) from moneronodes.i2p:

[aminorex]

So our full node universe is somewhere between the sizes of Ireland and France, as compared to bitcoin.  GDP is lagging that, because network effects on value are more like quadratic than linear at this scale.

[dEBRUYNE]

So our full node universe is somewhere between the sizes of Ireland and France, as compared to bitcoin.  GDP is lagging that, because network effects on value are more like quadratic than linear at this scale.

I have a feeling that if we would be as large as Bitcoin, even though running a full Monero node is more data/bandwith intensive, we probably would have more nodes. The reason is that there is an incentive to run a fullnode in Monero, namely privacy. Running Monero via a remote node has a detrimental effect on privacy and some kind of SPV style wallet will likely have this aforementioned effect too. Therefore, I suspect a larger amount of people will be running a node, simply to preserve their privacy, for which they likely became interested in this coin in the first place.

[Hueristic]

How hard can it be to slap complete anonymity & untraceability underneath a Turing complete-decentralized computing resource?.

It's actually incredibly easy.  Thing is, after you've done it, the result is probably neither.

I would think you would have an AI with no memory accessible.

BTW I think being turing complete is ZenNets goal. W00ps think they are calling in Tau-Chain now. Haven't bothered checking it out for awhile, it looks like a long road.

Market teetering for a few hours now, not sure which way it's gonna break. Bid didn't get filled last night Dammit.

NOW, Where to set my bid for the night???



EDIT: apparently I'm getting a few things mixed up in my non functional memory. This is a good read.

http://cointelegraph.com/news/tau-chain-a-decentralized-app-store-with-greater-flexibility-than-ethereum

[GingerAle]

How hard can it be to slap complete anonymity & untraceability underneath a Turing complete-decentralized computing resource?.

It's actually incredibly easy.  Thing is, after you've done it, the result is probably neither.

I would think you would have an AI with no memory accessible.

BTW I think being touring level is ZenNets goal. W00ps think they are calling in Tau-Chain now. Haven't bothered checking it out for awhile, it looks like a long road.

Market teetering for a few hours now, not sure which way it's gonna break. Bid didn't get filled last night Dammit.

NOW, Where to set my bid for the night???

Now it costs more to eat walls. Just out of principle I won't pay more to eat walls.

[aminorex]

Patience is good.  Demand is quite robust, which a happy thing, but I hope everyone can be patient, and collect the cheaper coins, rather than scaling that wall only to leave a demand vacuum behind that sucks the market down.  The slower this wall is eaten, the firmer and stronger the base will be.

[americanpegasus]

Now it costs more to eat walls. Just out of principle I won't pay more to eat walls.

True, but how many are willing to honestly sell spot Monero at these prices?  Not many.  And without sellers there's really only one way for it to eventually go.

[aminorex]

Meanwhile ETH appears to be heading towards tests of support at 26, 21.  I haven't had the chutzpah to short it however.  (No time to eagle-eye.) I might try to buy some more XMR with ETH gains if I see strong support and potential catalysts in future.  It worked well enough on this round so that I can tolerate a bit more risk than usual, as long as there is a pot of moneroj at the end of the rainbow.

[GingerAle]

What kind of speculative magic do you think is in place regarding the scheduled hardfork?

Do you think peeps are waiting to see if it executes flawlessly? I have no idea how complicated it actually is.

[aminorex]

I observe that monero core devs have their stuff together, which is a nice change of pace as compared to some other projects, and deem that the likelihood of catastrophe is negligible.  But I am now keeping some BTC hot in case of a lemming panic.  If others are doing likewise, they may run out of patience after a while.  FOMU can do that to you if you let it.

While things are moving slow, it might be good to arb the exchanges. At least check.

[bitjedi]

What kind of speculative magic do you think is in place regarding the scheduled hardfork?

Do you think peeps are waiting to see if it executes flawlessly? I have no idea how complicated it actually is.

non-issue with a good dev team and a community willingness to download new software.

[rpietila]

I observe that monero core devs have their stuff together, which is a nice change of pace as compared to some other projects, and deem that the likelihood of catastrophe is negligible.  But I am now keeping some BTC hot in case of a lemming panic.

In startups, a catastrophe (from investor pov), is the -100% case. And that is very common, 50-90% of all projects end up such.

Therefore it more makes sense to evaluate the upside, and XMR is like BTC when it was young: the future upside got better as the marketcap proved that someone believed in the coin  (With scamcoins, it's the opposite - rise in price means more possibility for crash).

I like the XMR team very much though although my personal acquaintance is only 29% anymore.

[bitebits]

I have been watching but only tracking with my memory.  Before the release of 0.9 the avg was ~125 nodes and after it went up to 150.  The highest I have seen was 166 a week or 2 ago when there was lots of exchange activity.  I believe these are nodes with a high % of uptime.  I don't know how that is figured.

Not sure that is true. As soon as my nodes were up and running they showed up within an hour on the world map of https://monerohash.com/nodes-distribution.html (the page updates roughly once per hour).

[pönde]

I like the XMR team very much though although my personal acquaintance is only 29% anymore.

What do you mean? Having 29% of your property in xmr?  Or level of co-operation?

[smfuser]

I like the XMR team very much though although my personal acquaintance is only 29% anymore.

What do you mean? Having 29% of your property in xmr?  Or level of co-operation?

Presumably he personally knows 2 of the 7 core team members.