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Author Topic: [XMR] Monero Speculation  (Read 3297674 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.)
jwinterm
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December 24, 2018, 05:01:45 PM
 #40101

...
To be fair they didn't steal anything and actually have added digisheild which IIRC is a good piece of code for quick diff adjustments or some such thing and they forked the myriad coin algo in to get away from script IIRC when asics hit??? Not sure never followed it just have known about it since it started and never saw a need.

BTW congrats. Smiley

I just meant they started as a straight clone of myriad with a premine. They did later add the diff retarget algorithm, which is afaik their only unique feature added.

Btw I lost even after epic big dick Nick performance, but still get runner up prize at least.
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December 24, 2018, 06:14:48 PM
Last edit: December 24, 2018, 06:24:49 PM by Hueristic
 #40102

...
To be fair they didn't steal anything and actually have added digisheild which IIRC is a good piece of code for quick diff adjustments or some such thing and they forked the myriad coin algo in to get away from script IIRC when asics hit??? Not sure never followed it just have known about it since it started and never saw a need.

BTW congrats. Smiley

I just meant they started as a straight clone of myriad with a premine. They did later add the diff retarget algorithm, which is afaik their only unique feature added.

Btw I lost even after epic big dick Nick performance, but still get runner up prize at least.

Oh w0w, I didn't think you could lose. well in the money 2 years straight with auto pick is not too bad. Smiley
PPR sucks. Wink

I must have gotten DGB mixed up with something else, didn't they have this white japanese female looking robot logo at one time? Well anyway its a shitcoin.

Bahh, I hate my memory loss and was pretty certain it started as scrypt as I was thinking of mining it at launch so I did a little search and.

Quote
MultiAlgo

Activated in September 2014 from Myriadcoin source code, this hard fork allowed for multi-algorithm mining. Its purpose was to create a number of different proof of work (PoW) mining methods to accommodate the different types of mining capabilities that exist, such as dedicated ASIC mining, GPU and CPU mining. This allows for a larger number of people to access DigiByte mining pools and therefore it creates a more decentralised blockchain with the coins reaching groups who were unable to mine the coin on its original single-algorithm (Scrypt) fork.[5]

I was correct that is launched as script. It's tough when you can't trust your memory anymore. Sad

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
Febo
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December 24, 2018, 07:12:03 PM
 #40103

Just downloaded Grin's white paper.  I can't believe I'm back to doing this...  Reading a white paper which I don't even get half of.  Lololol.  'Welcome back to 2013' I guess.

Anyway, back to XMR.

GRIN is no good? I’m also interested in this project, but don’t really know what to think of. Is it a competitor for Monero?

Monero will most likely use part of GRIN technology as a sidechain.  GRIN should never reach level of anonymity as Monero have.
KeyJockey
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December 24, 2018, 08:21:36 PM
 #40104

Hm. Well.  OK.  I dunno, I never did the math I guess LOL

Monero and Bitcoin really back to basics is all that probably matters.  "Which" Bitcoin will be the "real" one, though... FukkIfIno

Nothing for certain any more in ANY of this until we get outta the winter woods, anyway.

U guys think "that" was the "bottom" a week or so ago?  We've kinda "bounced" off that to almost a "doubling" now (the model portfolio that I have in an app to track hit low point total value about $18K and we've been flirting with it all in the $32-$34K range last couple days).

So IF someone bought in for the first time EVER at exactly that right moment about a week ago, they're today looking at almost their first DOUBLING.

So, UP again resuming from here?

OR we will restart the bleeding after January 1st?

(I'm leaning to that and guessing the REAL "bottom" won't be until late spring or early summer, about another "cut-in-half" from where everything is today.)

But... fuck it's just a guess gut feel and my GUT was clearly WRONG about Digibyte so again FUKKIFINO

Merry Christmas to all, anyway.... hope new year finds everyone happy healthy hodl'ing strong... Wink


- 1KeyJKVWVxdavKTetDJpQWdUaota5jbtX6 -
Globb0
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December 24, 2018, 08:26:42 PM
 #40105

...
To be fair they didn't steal anything and actually have added digisheild which IIRC is a good piece of code for quick diff adjustments or some such thing and they forked the myriad coin algo in to get away from script IIRC when asics hit??? Not sure never followed it just have known about it since it started and never saw a need.

BTW congrats. Smiley

I just meant they started as a straight clone of myriad with a premine. They did later add the diff retarget algorithm, which is afaik their only unique feature added.

Btw I lost even after epic big dick Nick performance, but still get runner up prize at least.

Oh w0w, I didn't think you could lose. well in the money 2 years straight with auto pick is not too bad. Smiley
PPR sucks. Wink

I must have gotten DGB mixed up with something else, didn't they have this white japanese female looking robot logo at one time? Well anyway its a shitcoin.

Bahh, I hate my memory loss and was pretty certain it started as scrypt as I was thinking of mining it at launch so I did a little search and.

Quote
MultiAlgo

Activated in September 2014 from Myriadcoin source code, this hard fork allowed for multi-algorithm mining. Its purpose was to create a number of different proof of work (PoW) mining methods to accommodate the different types of mining capabilities that exist, such as dedicated ASIC mining, GPU and CPU mining. This allows for a larger number of people to access DigiByte mining pools and therefore it creates a more decentralised blockchain with the coins reaching groups who were unable to mine the coin on its original single-algorithm (Scrypt) fork.[5]

I was correct that is launched as script. It's tough when you can't trust your memory anymore. Sad

tokeweed
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December 25, 2018, 03:23:55 PM
 #40106

didn't they have this white japanese female looking robot logo at one time? Well anyway its a shitcoin.

Yup.  It was called the Digiman.  Lol.  I think they even had a life size mascot version of it and their devs had it brought it around with them at conferences.  Grin

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elrippos friend
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December 26, 2018, 07:22:36 PM
 #40107

Over the last year monero went from BTC.032   down   to   BTC.012

Shoulda stayed in BTC

We'll recover in march  Grin Cheesy

phishead
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December 27, 2018, 12:37:21 AM
 #40108

Over the last year monero went from BTC.032   down   to   BTC.012

Shoulda stayed in BTC

Hind sight is 20/20 you long shlong mother fucker. Modest much?? Cheesy

But seriously... you think Monero doesn't deserve to be worth more than 3% BTC's price with how much functionality it serves people in real world situations like maintaining fungibility?


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Monero
XMR Open Alias: phishead@xmr.id
"I just opened a 2004 barolo in your and all the devs honour"  eyejay:  Decemeber 22nd, 2016
kurious
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December 27, 2018, 11:04:28 AM
 #40109

Not at all bad Medium article on Monero:

https://medium.com/all-things-venture-capital/privacy-protocol-analysis-monero-c116d7c2106f

我想要火箭和火车
elrippos friend
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December 27, 2018, 11:35:25 AM
 #40110


Nice article  Grin

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December 27, 2018, 11:29:08 PM
 #40111

Put a fair amount of money into xmr at BTC 0.0122 today, hopefully I can flip it for 5-10 percent btc gain within two weeks.

Of course, you can, now he will grow up on Bitcoin of course! And there is a lot of bitcoin on the market that will grow, but the whole problem with the dollar, I would like to see a profit in dollars!

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December 28, 2018, 12:30:36 AM
 #40112

Why are people talking about digibyte here it's just a shitcoin compared to monero. Between the two i'd pick monero any day as it has proven to be the top privacy coin in the market right now, even ranked higher than dash which is a grand achievement

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December 28, 2018, 02:42:18 AM
 #40113

Put a fair amount of money into xmr at BTC 0.0122 today, hopefully I can flip it for 5-10 percent btc gain within two weeks.

I hope it tanks so you lose. Cheesy

And I can get m0ar cheap.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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December 28, 2018, 03:03:58 AM
Last edit: December 28, 2018, 10:21:53 AM by KeyJockey
 #40114

Why are people talking about digibyte here it's just a shitcoin compared to monero. Between the two i'd pick monero any day as it has proven to be the top privacy coin in the market right now, even ranked higher than dash which is a grand achievement

That's my fault... sorry, my bad.

I'd just mentioned it in passing cuz I'd thought it was actually maybe one of the decent older bitcoin clones having been launched early on and before everything went so stoopid, with all the ICO's and shit last year... but as noted I guess I never really "did the math" on it, either.  So... I dunno. Sorry. LOL

DigiByte IS "fast" though, and their iPhone wallet app is pretty slick. So, yeah, no: shitcoin? Sure. But it might still do something. WhoDaFuk knows?  Fuckin' DASH is clearly a shitcoin too... LOL

Anyway as I said IMHO nothin' fer sure about anything anymore till CryptoWinter passes, & prolly back to basics now is the only safe move.

And "basics" is just Bitcoin and MONERO.

- 1KeyJKVWVxdavKTetDJpQWdUaota5jbtX6 -
Hueristic
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December 28, 2018, 03:22:46 AM
 #40115

Why are people talking about digibyte here it's just a shitcoin compared to monero. Between the two i'd pick monero any day as it has proven to be the top privacy coin in the market right now, even ranked higher than dash which is a grand achievement

That’s my fault... sorry, my bad.

I’d just mentioned it in passing cuz I’d thought it was actually maybe one of the decent older bitcoin clones having been launched early on and before everything went so stoopid, with all the ICO’s and shit last year... but as noted I guess I never really “did the math” on it, either.  So... I dunno. Sorry. LOL

DigiByte IS “fast” though, and their iPhone wallet app is pretty slick. So, yeah, no: shitcoin? Sure. But it might still do something. WhoDaFuk knows?  Fuckin DASH is clearly a shitcoin too... LOL.

Anyway as I said IMHO nothin fer sure about anything anymore till CryptoWinter passes, & prolly back to basics now is the only safe move. And “basics” is just Bitcoin and MONERO.

Nothing wrong with making cake offf of shitcoins to support your real habit XMR. Smiley

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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December 28, 2018, 02:09:14 PM
 #40116

^  *cough* ...  *cough*

I think it's better not to say anything.  Lol.  But yeah, I agree.  I'm not the one to judge one or the other a 'sh*t coin'.  I leave that one to the people who know what they're talking about.  But still, I don't listen to them cos the 'scammiest of scams' seem to get all the action.  Smiley

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TWITTER     |     DISCORD
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December 28, 2018, 07:54:58 PM
 #40117

Why Bitcoin Matters for Freedom  http://time.com/5486673/bitcoin-venezuela-authoritarian/


It has funny end.

Less than 1% of the world’s population — no more than 40 million people — have ever used Bitcoin. But, according to the Human Rights Foundation, more than 50% of the world’s population lives under an authoritarian regime. If we invest the time and resources to develop user-friendly wallets, more exchanges, and better educational materials for Bitcoin, it has the potential to make a real difference for the 4 billion people who can’t trust their rulers or who can’t access the banking system. For them, Bitcoin can be a way out.


Truth is that all this 4 billions cant use Bitcoin. The other 4 billions can, these can only use Monero.
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December 28, 2018, 08:57:21 PM
Merited by MirkoIta (10), djjacket (10), infofront (1)
 #40118

Why Bitcoin Matters for Freedom  http://time.com/5486673/bitcoin-venezuela-authoritarian/


It has funny end.

Less than 1% of the world’s population — no more than 40 million people — have ever used Bitcoin. But, according to the Human Rights Foundation, more than 50% of the world’s population lives under an authoritarian regime. If we invest the time and resources to develop user-friendly wallets, more exchanges, and better educational materials for Bitcoin, it has the potential to make a real difference for the 4 billion people who can’t trust their rulers or who can’t access the banking system. For them, Bitcoin can be a way out.


Truth is that all this 4 billions cant use Bitcoin. The other 4 billions can, these can only use Monero.

Not even a minuscule fraction of the 4 billion can use Bitcoin which is why I sold out of Bitcoin into Monero over 3 years ago. By the way Lighting Network will not solve this issue. Just read the LN paper https://lightning.network/lightning-network-paper.pdf page 55 where they talk about 133 MB blocks under very optimistic assumptions just to open and close LN channels.

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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December 29, 2018, 12:45:43 PM
 #40119


Not even a minuscule fraction of the 4 billion can use Bitcoin which is why I sold out of Bitcoin into Monero over 3 years ago. By the way Lighting Network will not solve this issue. Just read the LN paper https://lightning.network/lightning-network-paper.pdf page 55 where they talk about 133 MB blocks under very optimistic assumptions just to open and close LN channels.

133 mb blocks for 7 billion people all running their own nodes opening only 2 CHANNELS PER YEAR with zero on-chain transactions. Those are some wild assumptions! Shocked

My raspberry Pi lightning node has been syncing for 30 days and is only at 85%. We need smaller blocks not larger Roll Eyes The bitcoin maximalists have some serious cognitive dissonance to resolve. The good news for them is their chain is likely to be superseded before they have to resolve these fundamentally incompatible design goals.
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December 29, 2018, 04:58:54 PM
 #40120

Why Bitcoin Matters for Freedom  http://time.com/5486673/bitcoin-venezuela-authoritarian/


It has funny end.

Less than 1% of the world’s population — no more than 40 million people — have ever used Bitcoin. But, according to the Human Rights Foundation, more than 50% of the world’s population lives under an authoritarian regime. If we invest the time and resources to develop user-friendly wallets, more exchanges, and better educational materials for Bitcoin, it has the potential to make a real difference for the 4 billion people who can’t trust their rulers or who can’t access the banking system. For them, Bitcoin can be a way out.


Truth is that all this 4 billions cant use Bitcoin. The other 4 billions can, these can only use Monero.

Not even a minuscule fraction of the 4 billion can use Bitcoin which is why I sold out of Bitcoin into Monero over 3 years ago. By the way Lighting Network will not solve this issue. Just read the LN paper https://lightning.network/lightning-network-paper.pdf page 55 where they talk about 133 MB blocks under very optimistic assumptions just to open and close LN channels.

Wait wait...  The people in the other 4 billion that can use BTC, can't?  But they can use Monero...?  I don't get it.  Lol.

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.
ROLLBIT NFT
.
████████████████████████
ROLLBOT
ROLLBOXES
MARKETPLACE
|
   BONUS BATTLES   
.....WINNER TAKES ALL.....
TWITTER     |     DISCORD
..PLAY NOW..
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