[XMR] Monero Speculation

[phishead]

Monero is a shitcoin, convert this shit to bitcoin and other promising alts before its too late.  I dumped my monero bags, this coin has no future.

I'll toss you a little bite to eat Mr. Troll.


Monero is unique among shitcoins.  Here are a couple reasons it is unique and worth holding:

-It has real utility and is currently being used as a currency, not just a speculative investment.
-It may be the ONLY crypto project that offers something that Bitcoin never can - privacy at the base layer.  In every other case bitcoin will be able to replicate just about any other project's strengths and features.  And though Bitcoin can offer privacy on Layer 2 and up, it arguably never will/should on it's base layer.

There are no alts more promising than Monero, really.

Not to mention a community that willingly invest their coins into R&D and no premine/tax system. That alone should be enough evidence that Monero is at least worth looking into without any pre biases.

[tokeweed]

Monero is a shitcoin, convert this shit to bitcoin and other promising alts before its too late.  I dumped my monero bags, this coin has no future.

I'll toss you a little bite to eat Mr. Troll.


Monero is unique among shitcoins.  Here are a couple reasons it is unique and worth holding:

-It has real utility and is currently being used as a currency, not just a speculative investment.
-It may be the ONLY crypto project that offers something that Bitcoin never can - privacy at the base layer.  In every other case bitcoin will be able to replicate just about any other project's strengths and features.  And though Bitcoin can offer privacy on Layer 2 and up, it arguably never will/should on it's base layer.

There are no alts more promising than Monero, really.

And again, XMR is gonna be the cryptocurrency that's gonna slap everybody at the back of the head again and say 'this is the right path', just as BTC slapped everybody at the back of their heads in 2009 - 2010.

[Febo]

I have no doubt with the quality of engineering/USP in Monero that if the crypto markets take off again Monero will be part of it.

Question is, will crypto at large come back from this drop...

I dont know about "crypto" but Bitcoin should start showing some positivism price wise next year.  At start of the year or at end of the year, that could be debatable.

[Indamuck]

I have no doubt with the quality of engineering/USP in Monero that if the crypto markets take off again Monero will be part of it.

Question is, will crypto at large come back from this drop...

I dont know about "crypto" but Bitcoin should start showing some positivism price wise next year.  At start of the year or at end of the year, that could be debatable.

Bitcoin will be over 10k by the end of this year.  We still have 2 months left which is a lot of time.  I'm not big on Monero because I'm more of a bitcoin supporter myself.  It seems like Monero will be banned by most governments and exchanges are hesitant to allow monero because of regulations.  Plus we can already mix bitcoins if we want to hide our transaction trail.

[Hueristic]

More good news in upcoming celebration of convincing of the Bitcoin.

https://twitter.com/krakenfx/status/1057097814012944384



Bittrex
Binance
TradeOgre
Bitfinex
Poloniex
Kraken

Also LocalMonero and MorphTooken reduced them. Not sure if they fit into this chart.

Hoping that HitBTC will follow. I have some XMR sitting on there that I may as well move.

Hopefully not, they are a scam exchange connected to the bytecoin crew.

Monero is a shitcoin, convert this shit to bitcoin and other promising alts before its too late.  I dumped my monero bags, this coin has no future.

I'll toss you a little bite to eat Mr. Troll.


Monero is unique among shitcoins.  Here are a couple reasons it is unique and worth holding:

-It has real utility and is currently being used as a currency, not just a speculative investment.
-It may be the ONLY crypto project that offers something that Bitcoin never can - privacy at the base layer.  In every other case bitcoin will be able to replicate just about any other project's strengths and features.  And though Bitcoin can offer privacy on Layer 2 and up, it arguably never will/should on it's base layer.

There are no alts more promising than Monero, really.

AND, Monero conforms to Bitcoins original goals.

[johnalan]

I have no doubt with the quality of engineering/USP in Monero that if the crypto markets take off again Monero will be part of it.

Question is, will crypto at large come back from this drop...

I dont know about "crypto" but Bitcoin should start showing some positivism price wise next year.  At start of the year or at end of the year, that could be debatable.

You more bullish on BTC or XMR?

[Febo]

I have no doubt with the quality of engineering/USP in Monero that if the crypto markets take off again Monero will be part of it.

Question is, will crypto at large come back from this drop...

I dont know about "crypto" but Bitcoin should start showing some positivism price wise next year.  At start of the year or at end of the year, that could be debatable.

You more bullish on BTC or XMR?

Monero will for sure do better then BTC in 2019 and 2020 and maybe even 2021.

[H.W.P]

Please tell me, I have been watching Monero for a long time, but it only falls about Bitcoin. Are there any events in the coming year that may affect the growth of its price?

[Hueristic]

Please tell me, I have been watching Monero for a long time, but it only falls about Bitcoin. Are there any events in the coming year that may affect the growth of its price?

Nope, it just works. Ya know, does what it is supposed to do which is extremely difficult to accomplish.

[vit05]

On October 19th I noticed a potential issue with mixin/decoy selection on XMR transactions. I sent the following email to Riccardo Spagni with a CC to luigi1111 on October 20th:

"Hi folks. I've noticed that my Monero GUI on Windows has only been selecting mixin decoys from October 17th and older revealing the real input as the most recent one after October 17th. Reviewing a block explorer shows the same issues on many randomly selected transactions:

https://xmrchain.net/tx/99cb50189415190c134d40e6b9ebfeac14a90b21efc1eb787ab2bd1cd3cc21a2 https://xmrchain.net/tx/4c7e82d096a72be0ef98994f4922a3a381af53b75396cb7881e0070f00b4b820 https://xmrchain.net/tx/0e752c65ebe7d02f30ac06360c381fc312bdaf58b4642306fcf8f97d613b2b5d https://xmrchain.net/tx/96698ccccf839331393471dda8ef9eb3c9de833222e0c583807b414db8d767f1 https://xmrchain.net/tx/081cdab564c38408cd3f060f4f787741e25ab4702704426a2780817c293c5ea2

Please investigate or ask for more details if needed."

After some back and forth the bug was confirmed and version 0.13.0.4 was released https://github.com/monero-project/monero/releases/tag/v0.13.0.4

Normally your wallet will select at least several decoys from the last 24 hours to use as mixins however since the hard fork on October 17th it has not been doing that. It has been selecting mixins from the date you upgraded or downloaded the blockchain (possibly also restarted daemon) and older only. Therefore if your real input was created after the date you upgraded, the real input in your transaction is revealed because all of the mixins your wallet selects will be much older.

Suffice it to say not enough users have upgraded and as time goes on the issue gets worse. Reviewing the Monero blockchain it is clear that not enough people have upgraded which harms the privacy for us all. Here are a few transactions from the mempool:

 

https://xmrchain.net/tx/5d020f4034afd0398c6f70248f1da4d8a35a079f0b26c00fbd4f1cf6a73468af

This user upgraded their wallet on October 23rd, 2018 so the real input is the one on October 30th, 2018.

 

https://xmrchain.net/tx/17d94acf8a9b15854c7628e7387988ed979966152fc4a6501137c3eb454099fc

This user upgraded their wallet on October 18th, 2018. The real input for key image 2 (01) is older than or on October 18th therefore there's no way to know for sure, but the first image the real input is clearly the transaction from October 30th, 2018.

 

https://xmrchain.net/tx/cb79db0d298b5b1df8faf26869f38b59367822710e18843e191d70475fd41b18

This user upgraded their wallet on the 17th clearly. Spot the real input.

 

https://xmrchain.net/tx/5332aa082e4afeba50341bd8f533a1053876422f82e99861cb6f53d2ad829014

Also the 17th.

 

This user seemingly upgraded their wallet to 13.4, no ability to conclusively track https://xmrchain.net/tx/f92529c9d6993dfd4860cc13168d050042f98a9bca4d880b1a31f6917dd1b1f2

 

tl;dr: In many cases it's easy to determine the real input in a ring since the hard fork. UPGRADE YOUR WALLET BECAUSE YOUR'RE HARMING MY PRIVACY USING OLD CLIENTS.

Had this been posted yet? I found this error very strange. But it shows how a blockchain depends on both the miners and the users being always well informed.

[Febo]

On October 19th I noticed a potential issue with mixin/decoy selection on XMR transactions. I sent the following email to Riccardo Spagni with a CC to luigi1111 on October 20th:

tl;dr: In many cases it's easy to determine the real input in a ring since the hard fork. UPGRADE YOUR WALLET BECAUSE YOUR'RE HARMING MY PRIVACY USING OLD CLIENTS.

Had this been posted yet? I found this error very strange. But it shows how a blockchain depends on both the miners and the users being always well informed.

There is no error. But people should always use the latest version when available or not use it if to lazy to update.

[birr]

On October 19th I noticed a potential issue with mixin/decoy selection on XMR transactions. I sent the following email to Riccardo Spagni with a CC to luigi1111 on October 20th:

tl;dr: In many cases it's easy to determine the real input in a ring since the hard fork. UPGRADE YOUR WALLET BECAUSE YOUR'RE HARMING MY PRIVACY USING OLD CLIENTS.

Had this been posted yet? I found this error very strange. But it shows how a blockchain depends on both the miners and the users being always well informed.

There is no error. But people should always use the latest version when available or not use it if to lazy to update.

You're saying,
"Nothing to see here folks, move along."
NOT.
It's a real bug, a real issue, and lots of people will go on using 13.0.2; many of whom don't know of the update.

[Febo]

On October 19th I noticed a potential issue with mixin/decoy selection on XMR transactions. I sent the following email to Riccardo Spagni with a CC to luigi1111 on October 20th:

tl;dr: In many cases it's easy to determine the real input in a ring since the hard fork. UPGRADE YOUR WALLET BECAUSE YOUR'RE HARMING MY PRIVACY USING OLD CLIENTS.

Had this been posted yet? I found this error very strange. But it shows how a blockchain depends on both the miners and the users being always well informed.

There is no error. But people should always use the latest version when available or not use it if to lazy to update.

You're saying,
"Nothing to see here folks, move along."
NOT.
It's a real bug, a real issue, and lots of people will go on using 13.0.2; many of whom don't know of the update.

Of course is a real bug. That is why there are upgrades with the bug fixed. It is one of many bugs and many more will come in future.  If I remember right it dont endanger privacy much, since it influences just one  feature that helps Monero be private.

People do need to alway run latest updates. And I am not talkingonly about Monero protocol updates.


What specially bothers me is this:



from here

https://www.reddit.com/r/Monero/comments/9scymk/post_fork_monero_decoy_is_harming_privacy/

If I understand it right then Monero with this bug still have better privacy then it had a month ago. But it is not as it was planed after fork. 13.0.4 is making it to be as it was planed.

So people that complain right now that others that still use 13.0.2 are endangering their privacy should never use Monero until a week ago, because privacy was worse back then as it is now.

[KeyJockey]

Hey folks... it's me, yeah I'm back after vanishing so long ago LOL

Just wanted to pop in and make a post today on the bitcoin white paper's official 10th Birthday... posting in this thread just because overall this thread has always been the place I posted the most in the last several years (hopefully mods won't delete it as off topic?)

Wanted to say also that seems to me today at ten years into this great experiment, and guessing it might take something like twenty years for crypto to really take over as the real new global currency, a little perspective we are about half way to it being all said and done, either total failure or global dominance.

I myself got into this stuff only about 5-ish years ago so I guess I'm personally "halfway thru the halfway", seems like a million years ago LOL

But... yeah... well... that's about it.  Hope y'all doin' well out there.  I'm kinda laying low "out" of day to day worry on all the cryptoshit these days but still hangin' in there for this stuff to have all been actually worthwhile, in the end.

Ciao for Now, bitches!  LOL    

P.S. Wow... COOL!!!  Looks like my post triggered the top post on the 2000th page!!! 

[kurious]

Hey folks... it's me, yeah I'm back after vanishing so long ago LOL

Just wanted to pop in and make a post today on the bitcoin white paper's official 10th Birthday... posting in this thread just because overall this thread has always been the place I posted the most in the last several years (hopefully mods won't delete it as off topic?)

Wanted to say also that seems to me today at ten years into this great experiment, and guessing it might take something like twenty years for crypto to really take over as the real new global currency, a little perspective we are about half way to it being all said and done, either total failure or global dominance.

I myself got into this stuff only about 5-ish years ago so I guess I'm personally "halfway thru the halfway", seems like a million years ago LOL

But... yeah... well... that's about it.  Hope y'all doin' well out there.  I'm kinda laying low "out" of day to day worry on all the cryptoshit these days but still hangin' in there for this stuff to have all been actually worthwhile, in the end.

Ciao for Now, bitches!  LOL    

P.S. Wow... COOL!!!  Looks like my post triggered the top post on the 2000th page!!! 

Good to see you back - and well done for being top of page 2000.

Surely that's a good omen - stick around, the bear market should be over before too long.

[georgemamat]

I'm planning to invest in XMR and ZEC. I think privacy-based projects will be in much better places in the future. Right investments can make good gains over time. XMR is one of the most robust projects in the market.

[H.W.P]

Monero is my favorite project.No one understands the value of Monero.It will be understood in the future how precious privacy is.

What's so special about him? There are many projects with complete anonymity and now they are leaving even more. Then what is the beauty of this project, why do you highlight it to the fore? I saw projects better than Monero.

[kurious]

Monero is my favorite project.No one understands the value of Monero.It will be understood in the future how precious privacy is.

What's so special about him? There are many projects with complete anonymity and now they are leaving even more. Then what is the beauty of this project, why do you highlight it to the fore? I saw projects better than Monero.

Hey - if you have seen better, fine go buy those, why waste your time on here?  Unless it's for a sig campaign or you're being paid to shill, of course...

[Febo]

Monero is my favorite project.No one understands the value of Monero.It will be understood in the future how precious privacy is.

What's so special about him? There are many projects with complete anonymity and now they are leaving even more. Then what is the beauty of this project, why do you highlight it to the fore? I saw projects better than Monero.

You had to seen any cryptocurency more private then Monero. And there is no total privacy. That dont exist.

[Tr0p1k]

Monero $25 Q1 2019.

Mark my words.

Every coin will go back to the price before the summer 2017.

Most investors lost there trust $600 billion dollar money is gone..

600.000 people made 1 million dollar dumped there bags to new crypto users..

Some guys bought monero for $8 end of 2016 and they hold there bags 1 year to dump it and they did it..

Same with ethereum.. I know guys who bought for a couple dollars and dumped there bags for $1000 to the mass.

Its over around 1 million crypto investors dumped all there coins after one year to the mass in december 2017..

That was the best time to get out.