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Author Topic: [XMR] Monero Speculation  (Read 3309502 times)
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UnicornFarts
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November 21, 2014, 07:57:47 PM
 #1561

lol!  premine is when you get something for nothing,  Roll Eyes

monero is people pumping into high emissions so EVERYONE lost money.  all early adopters losing money is a little bit different than premine ... everybody supporting the coin might be broke.  but that isn't a ding on the coins integrity like a premine

guess all the dumb shilling by rich accounts has finally f***** everyone in the ass.  STILL not a premine
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TrueCryptonaire
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November 21, 2014, 08:11:39 PM
 #1562

I never said that it doesn't, why are you flipping my words?
I said not single word against investors in general.


I simply dislike the way he behaves:

Quote
Why should I give money for free?
I will rather get (passive) income from my moneros instead of just donating.

Quote
At this point I would choose emission.
I do not care brilliantly functioning coins if the only holders are me + Risto.

Quote
Monero is currently more or less premine coin.

I am acting rationally and maximizing my personal utility.
In general I do not believe in donations, the money should be collected in a way like any other business does.
Name me one person who wants to work for free? If there are no people working for free why should I give my money just as donations?

Also I agree still that a coin needs more users than me + Risto - what's the problem? The price is declining and this is nothing but due to the lack of adoption and it looks to me like a few whales are buying all the coins since smaller fish cannot addord to buy the daily emission (at the point I was writing this the price was hoovering somewhere around 0.002 - and now it is at 0.0015).

What comes to my comment on "premine". I corrected it already in my other messages. However, this is just semantics. The emission is still unfair towards later adoption and it is kind of problem. I can adjust myself to this but I am more worried about the later adopter's behalf if they refuse buying Monero due to this fast emission. That's all. Monero is not a premine, but it is mined pretty fast.
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November 21, 2014, 08:16:56 PM
 #1563

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Name me one person who wants to work for free?

Satoshi.

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The emission is still unfair towards later adoption and it is kind of problem.

It is unfair towards both EARLY adopters AND late adopters.

People in the middle get the best deal.
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November 21, 2014, 08:29:40 PM
 #1564

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Name me one person who wants to work for free?

Satoshi.

Quote
The emission is still unfair towards later adoption and it is kind of problem.

It is unfair towards both EARLY adopters AND late adopters.

People in the middle get the best deal.

Yes, Satoshi worked for free but I guess he was doing it more as experimental than serious investment/money maker. Then bitcoin just went viral.

I am also doing my school projects for free. Some people are even paying for the opportunity to do school projects.
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November 21, 2014, 08:38:04 PM
 #1565

Investors dont give a fuck how much a coin is mined, only miners will, it makes no difference for investors and regular users.
Later users will prolly even like it that there's not a lot of inflation anymore...

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In general I do not believe in donations, the money should be collected in a way like any other business does.
Name me one person who wants to work for free? If there are no people working for free why should I give my money just as donations?

We aren't a fucking business and i quote Gavin Andresen now:
"Do not treat the core development team as if we were a commercial company that sold you a software library. That is not how open source works; if you are making a profit using the software, you are expected to help develop, debug, test, and review it.”

Quote
Also I agree still that a coin needs more users than me + Risto - what's the problem?

How dare are you dude? All other people here don' t count or what? Something is certainly wrong with you.

And don't compare yourself to Risto, because Risto HELPS AND DOES SOMETHING.

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Yes, Satoshi worked for free but I guess he was doing it more as experimental than serious investment/money maker.

And you think we earn cash here working on XMR!?!??!

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November 21, 2014, 08:50:15 PM
 #1566

Quote
Why should I give money for free?
I will rather get (passive) income from my moneros instead of just donating.

When I read that I was also amazed. He just entered my personal category of assholes. I almost clicked ignore out of disgust for this kind of thoughts.

Confusing an open source project with a business is just terribly wrong. Seriously, acting like that in front of the persons giving a lot of their time and knowledge, for free, is harsh. I wish he sell quick and stop commenting on this project, whose human and ideological standards are apparently way too high for him.

I'm sure 99% of the serious holders are extremely grateful to the core team and to anybody giving something to Monero at large. Thank you guys, don't get pissed because of this kind of dumb comments, they don't deserve it! Smiley

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 21, 2014, 08:50:19 PM
 #1567

plus it's a f***** currency.  

i don't think people get this - i don't think any of us can.  but for currency to take off we have to be insanely careful how funds are raised / spent.  running an open source curerncy like a business ... you get bobsurplus, prom3theus and blocknet
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November 21, 2014, 09:35:05 PM
 #1568

plus it's a f***** currency.  

i don't think people get this - i don't think any of us can.  but for currency to take off we have to be insanely careful how funds are raised / spent.  running an open source curerncy like a business ... you get bobsurplus, prom3theus and blocknet

that might be bad. amirite?

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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November 21, 2014, 09:38:03 PM
 #1569

plus it's a f***** currency.  

i don't think people get this - i don't think any of us can.  but for currency to take off we have to be insanely careful how funds are raised / spent.  running an open source curerncy like a business ... you get bobsurplus, prom3theus and blocknet

that might be bad. amirite?

well decide for urself.  I had bobsurplus telling me he was a moral daisy the other day.  and of course prome3thus doesn't even know what the term honest means and thinks it's probably just an extra word in the dictionary.

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November 21, 2014, 10:58:36 PM
 #1570

Just came here to say mad props to the core dev team. You guys are rockstars in my eyes. Monero is truly amazing technology and It has a very bright future.
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November 22, 2014, 01:10:07 PM
 #1571

The dev is good, but the price is dropping.
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November 22, 2014, 06:06:23 PM
 #1572

Just came here to say mad props to the core dev team. You guys are rockstars in my eyes. Monero is truly amazing technology and It has a very bright future.
+1

▂▃▅▇█▓▒░B**-Cultist░▒▓█▇▅▃▂
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November 22, 2014, 11:23:01 PM
 #1573

Just came here to say mad props to the core dev team. You guys are rockstars in my eyes. Monero is truly amazing technology and It has a very bright future.
+1
AGREE
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November 24, 2014, 02:06:25 AM
 #1574

Subbed.
jehst
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November 24, 2014, 04:44:25 AM
 #1575

If you guys want Monero to be the #1 anonymous currency and you truly believe that Darkcoin is too centralized, then I suggest you attempt to show that Darkcoin transactions are traceable.

Year 2021
Bitcoin Supply: ~90% mined
Supply Inflation: <1.8%
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November 24, 2014, 05:40:27 AM
 #1576

If you guys want Monero to be the #1 anonymous currency and you truly believe that Darkcoin is too centralized, then I suggest you attempt to show that Darkcoin transactions are traceable.
A look at the masternode list and in particular the distrubtion of hosting providers should be enough for everybody to see it right away.
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November 24, 2014, 09:39:00 AM
 #1577

If you guys want Monero to be the #1 anonymous currency ...

Monero already is the #1 anonymous currency.
jehst
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November 24, 2014, 10:18:34 AM
 #1578

If you guys want Monero to be the #1 anonymous currency and you truly believe that Darkcoin is too centralized, then I suggest you attempt to show that Darkcoin transactions are traceable.
A look at the masternode list and in particular the distrubtion of hosting providers should be enough for everybody to see it right away.

No, I mean that you should unveil someone's transaction and show the world how easy it is to compromise the system. Buy some masternodes and bringen Sie die Wahrheit ans Licht.

Year 2021
Bitcoin Supply: ~90% mined
Supply Inflation: <1.8%
rangedriver
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November 24, 2014, 10:53:20 AM
 #1579

If you guys want Monero to be the #1 anonymous currency and you truly believe that Darkcoin is too centralized, then I suggest you attempt to show that Darkcoin transactions are traceable.
A look at the masternode list and in particular the distrubtion of hosting providers should be enough for everybody to see it right away.

No, I mean that you should unveil someone's transaction and show the world how easy it is to compromise the system. Buy some masternodes and bringen Sie die Wahrheit ans Licht.

That's like saying "if you think Galileo was so clever, why don't you go up to the moon with a feather and a hammer and prove it."

I'm sure that somebody will one day, but it's un-necessary. Everyone knew what was going to happen on the moon before it even happened, simply because the theory was sound.

Same thing applies.

Darkcoin is not an anonymous currency. Period.

Now please let's stick to the topic of the thread.



othe
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November 24, 2014, 10:59:35 AM
 #1580

Whats the point?

He's not the FBI so he can't write an Email to Amazon, DO and whatever masternode hoster and force them to give them access to the servers.
Nor does he have money to waste for such stuff; your arguments are simply invalid as you can't compare a forum user here to a powerful attacker.


On the other hand, you might as well ask DRK guys to trace a Darkwallet transaction and question them if BTC isn't enough....

PS: If you are really interested in the cn ringsignatures stuff you might read for example this from gmaxwell: https://news.ycombinator.com/item?id=7765455 - i am still not sure if you are just trolling and provoking or...whatever.

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