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Author Topic: [XMR] Monero Speculation  (Read 3309502 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.)
jehst
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21 million. I want them all.


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November 24, 2014, 11:09:42 AM
 #1581

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.

Is BTC not enough? Darkwallet transactions will suffice until a mergmined cryptonote sidechain with superior liquidity replaces it. Why must there be an altcoin to provide privacy? Merely to make you rich?

Year 2021
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Supply Inflation: <1.8%
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othe
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November 24, 2014, 11:56:34 AM
 #1582

I think we should end the discussion here, as you already said, all you do is wait for others to do the work  - then wait till sidechains will come out - if ever; we already had nice inventions like Stealthaddresses who never made it into the main client.
I give u a tip, privacy can't be archived if its not standard; if not every user uses it by default its simply bad.

If only 0.5 % of BTC users use your fancy sidechain its totally pointless as it doesnt have a sufficient anonymity set.
Darkwallet is the same problem, no normal people use it so far.

Why an Altcoin? I don't know prolly because the Ringsig stuff can't be integrated into the main Bitcoin chain without a lot of trouble technically and politically? Maybe because we have no sidechains so far? And even if we did it would have a shitton of drawbacks to a native protocol?

And why should i get rich here? All i do is spend time and money because its an interesting technology, but people like you prolly won't get that.

smooth (OP)
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November 24, 2014, 12:01:04 PM
Last edit: November 24, 2014, 12:11:06 PM by smooth
 #1583


I agree with othe it is time to end this discussion here.

The main issue is that you, jehst, are clearly anti-Monero trolling with the various shifting claims (and adding nothing new that hasn't been said 100 times) from challenging Monero supporters to decode Darkcoin transactions to Dark Wallet and now sidechains.

Please take it elsewhere. There is a general Monero discussion thread and various free-for-all threads where trolling, even though still pathological, is at least arguably on topic. On this thread about price speculation and trading, it is not.
nakaone
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November 24, 2014, 12:03:49 PM
 #1584

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.

Is BTC not enough? Darkwallet transactions will suffice until a mergmined cryptonote sidechain with superior liquidity replaces it. Why must there be an altcoin to provide privacy? Merely to make you rich?


the question you should ask is about the elasticity of the utility curve of privacy - I have assumptions regarding that and that is why I think monero is the big thing

edit: even if he is trolling, his questions are valid - we do not know if bitcoins privacy is enough, neither do we know if darkcoins privacy is enough, it is about the utility of privacy.
SmoothCurves
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November 24, 2014, 11:21:03 PM
 #1585


Any guesses on when we might see .005 again?
GreekBitcoin
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November 25, 2014, 01:17:34 AM
 #1586


Any guesses on when we might see .005 again?

six months
Fikhram
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November 25, 2014, 01:20:51 AM
 #1587


Any guesses on when we might see .005 again?

six months

wow still long way to go
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November 25, 2014, 01:30:28 AM
 #1588


Any guesses on when we might see .005 again?

six months

wow still long way to go

He's kidding because the question is dumb.

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
UnicornFarts
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November 25, 2014, 01:43:20 AM
 #1589

I give u a tip, privacy can't be archived if its not standard; if not every user uses it by default its simply bad.


This is the smartest synopsis I've seen in a while ... could .. not ... agree more

I wish bitcoin would adopt anon overnight and force it on all clients.  But it won't happen.  I don't even like the monero community.  I think they're kinda stuck up pricks.  But god.   Finding sanity in this desert of stupidity is nice

Btw making 3x your money back in six is not a long time. 

Typical risk to reward ratio at that expectation should probably mean you'd lose your entire investment half the time.
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November 25, 2014, 02:16:48 AM
 #1590

I think it was meant to read achieved instead of archived. 
Yes?

Love, nioc
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November 25, 2014, 12:00:07 PM
 #1591

https://forum.monero.cc/1/news-and-announcements/100/monday-monero-missives-19-november-25th-2014

buy buy buy!  Grin

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saddambitcoin
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November 25, 2014, 01:34:57 PM
 #1592

holy monero the web wallet is here!

binaryFate
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November 25, 2014, 02:23:46 PM
 #1593

I'm surprised there was no insider trading at all before releasing that awesome news and product.

XMR rocket check list:
  • strongest privacy and fungibility in the cryptoccurency world: CHECK!
  • awesome integrity of key players and developers: CHECK!

Take off!!

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 25, 2014, 02:29:33 PM
 #1594

Very true binaryfate. Bids were superlow, as was the price. No abnormalities, nothing.

Once again shows that this is one of the few exceptions in the altcoin scene.
nakaone
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November 25, 2014, 02:39:55 PM
 #1595

the sell off before was beyond retarded.

anyway the guys who bought/buy have a ~25% chance of getting a two maginutude gain mid to long term.
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November 25, 2014, 03:18:36 PM
 #1596

I'm surprised there was no insider trading at all before releasing that awesome news and product.

XMR rocket check list:
  • strongest privacy and fungibility in the cryptoccurency world: CHECK!
  • awesome integrity of key players and developers: CHECK!

Take off!!

I agree...I was wondering myself as I was lurking on Polo all morning and bids kept going down and down... and out of the blue they appear and announce the webwallet!

That kind of integrity is very much appreciated!

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dreamspark
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November 25, 2014, 03:58:34 PM
 #1597

Gotta say that if the price moves up from here it will have painted a very pretty double bottom.
jehst
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21 million. I want them all.


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November 25, 2014, 04:11:07 PM
 #1598

Gotta say that if the price moves up from here it will have painted a very pretty double bottom.

We're all painting this picture together, aren't we?

Year 2021
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Supply Inflation: <1.8%
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November 25, 2014, 05:46:44 PM
 #1599

Don't forget to donate if you like the work guys!
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November 25, 2014, 07:17:22 PM
 #1600

I must say in one way I was surprised by the sudden upward move in the price. The last thing I was expecting was a web wallet, which by the way is a phenomenal initiative. The reality however is that this kind of thing is not surprising at all. One simply cannot expect a highly competent development team quietly working on the fundamentals for months too not produce results. It is only a matter of time. This is a classic long term buy/hold.


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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