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Author Topic: [XMR] Monero Speculation  (Read 3247479 times)
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infofront
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January 18, 2019, 03:34:22 AM
 #40261

I confess I understand his fascination for Grin.

Mind you, he is also a moderate fan of a certain other coin...

And i thought Grin won't launch it's mainnet anytime soon. But looks like the client is far from user-friendly and only mid-high end GPU can mine GRIN for now.

Any chance you'll accept another cryptocurrency (XMR, ETH or perhaps DOGE) soon?

XMR is possible, but probably not the others.

We aren't written off yet, then Wink

It’s not the point of being “approved” or not... it’s the hypocrisy that annoys me. Maximalist have always shot down any coin that has tried market itself as being a potential better solution to Bitcoin due to legit reasons such as Bitcoin’s reliability/security...

If they have strong opinions about something, like the OG bitcoin being the only crypto worthy of consideration, that’s one thing and I can totally understand that reasoning... but all the sudden accepting grin with wide open arms? Fuck that. Something is totally weird about it, yet I can’t really tell why I feel that way.

Does no one else feel this way??

I'm sure others feel that way -

It's weird. It seems many of the old school bitcoiners who didn't pile on Monero are now piling on Grin.

Maybe they feel like the missed the boat on Monero?
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January 18, 2019, 04:52:38 AM
Merited by infofront (1)
 #40262

Maybe they feel like the missed the boat on Monero?

You do know how to cut to the chase. Smiley

I missed this boat by my own mistake but still support it and buy every week (pretty much).

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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January 18, 2019, 05:52:09 PM
 #40263

How true are those rumors that Grin devs are really some of the BTC Core devs gone anon?  And who among the Core devs would most likely be working on Grin?

Another question, are there any Core devs dissatisfied with BTC?  Wink

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January 18, 2019, 11:18:21 PM
Merited by TookDk (1)
 #40264


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January 19, 2019, 11:59:20 AM
 #40265

Prices are good right now for accumulators, always useful to hold some XMR bags as it has a real world use albeit a dark one. People have guns at home for protection, it is worth having some monero as well, never know when it might come in useful.

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January 19, 2019, 04:48:23 PM
 #40266

Prices are good right now for accumulators, always useful to hold some XMR bags as it has a real world use albeit a dark one. People have guns at home for protection, it is worth having some monero as well, never know when it might come in useful.

Yeah, just like keeping cash on hand right?

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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January 19, 2019, 04:49:36 PM
Merited by Hueristic (1), infofront (1)
 #40267

Prices are good right now for accumulators, always useful to hold some XMR bags as it has a real world use albeit a dark one. People have guns at home for protection, it is worth having some monero as well, never know when it might come in useful.

This point is vastly underrated. The prepper community stockpiles guns and supplies completely ignorant that their preparations are useless against their most likely adversary: government. The lesson of the 20th century is that governments are highly effective genocide institutions with a death toll of approximately 203 million.

Government death toll by century:
  • 18th century: ~18 million
  • 19th century: ~ 45 million
  • 20th century: ~ 203 million

The 21st century is off to a slower start, but I expect the trend to continue. The number of displaced persons just hit a record high at 68.5 million. Things haven't even gotten bad yet from a geopolitical perspective. We will see record numbers murdered by the government in this century.

Preppers are watching doom porn and prepping for fictional scenarios. They are delusional to think their small arms stockpile will have any meaningful impact on their survival in the face of war or democide. My bugout bag consists of a hardware wallet with a year of living expenses. Bitcoin (and even more so Monero) are incredibly powerful tools for freedom. Far more than an AR-15 in your basement. If you haven't already, listen to this interview with Alex Gladstein of the human rights foundation on Why Bitcoin Matters for Freedom
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January 22, 2019, 04:15:01 AM
 #40268

listen to this interview with Alex Gladstein of the human rights foundation on Why Bitcoin Matters for Freedom
I second that.
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January 22, 2019, 04:42:03 AM
Last edit: January 28, 2019, 09:17:55 PM by Hueristic
 #40269

Prices are good right now for accumulators, always useful to hold some XMR bags as it has a real world use albeit a dark one. People have guns at home for protection, it is worth having some monero as well, never know when it might come in useful.

This point is vastly underrated. The prepper community stockpiles guns and supplies completely ignorant that their preparations are useless against their most likely adversary: government. The lesson of the 20th century is that governments are highly effective genocide institutions with a death toll of approximately 203 million.

Government death toll by century:
  • 18th century: ~18 million
  • 19th century: ~ 45 million
  • 20th century: ~ 203 million

The 21st century is off to a slower start, but I expect the trend to continue. The number of displaced persons just hit a record high at 68.5 million. Things haven't even gotten bad yet from a geopolitical perspective. We will see record numbers murdered by the government in this century.

Preppers are watching doom porn and prepping for fictional scenarios. They are delusional to think their small arms stockpile will have any meaningful impact on their survival in the face of war or democide. My bugout bag consists of a hardware wallet with a year of living expenses. Bitcoin (and even more so Monero) are incredibly powerful tools for freedom. Far more than an AR-15 in your basement. If you haven't already, listen to this interview with Alex Gladstein of the human rights foundation on Why Bitcoin Matters for Freedom

Good link, thanks! IOU 1 sM+

Crossposted to WO thread.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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January 22, 2019, 04:27:51 PM
 #40270

Very interesting rise in price and volume (as well as hashpower  Shocked ).

Not in concert with much of anything else...

Not really huge yet, but some of the highest volume on an upswing in months.

Thoughts?
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January 22, 2019, 04:36:09 PM
 #40271

Very interesting rise in price and volume (as well as hashpower  Shocked ).

Not in concert with much of anything else...

Not really huge yet, but some of the highest volume on an upswing in months.

Thoughts?

I was sitting there watching the last dump before the rise and had a bid in at .012251 IIRC and it dropped right to my bid and never touched it before shooting up. It was like going to a strip club. Smiley

I think those that were waiting on Grin realize it is years away and are trying to quietly get back in.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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January 22, 2019, 05:13:56 PM
Merited by infofront (1)
 #40272

Very interesting rise in price and volume (as well as hashpower  Shocked ).

Not in concert with much of anything else...

Not really huge yet, but some of the highest volume on an upswing in months.

Thoughts?

I was sitting there watching the last dump before the rise and had a bid in at .012251 IIRC and it dropped right to my bid and never touched it before shooting up. It was like going to a strip club. Smiley

I think those that were waiting on Grin realize it is years away and are trying to quietly get back in.

Grin is amazingly cool.  But there are SEVERAL issues that mean it is not a replacement for Monero or Bitcoin.

1.  New tech, new implementation.  Unproven.
2.  Difficult UX (remember when Monero was only for "geeks"?)
3.  Diametrically different emission to BTC.  And even though XMR has the tail emission which is hated by 21MM purists, Grin's version is even more anathema for them.
4.  Monero is still best in class privacy.  Period.

I think #4 is where Monero needs to continue to push development.  Along with scaling improvements that is really what is important.  Monero's privacy is the only real reason for it to exist at all in my humble opinion.

To be honest I am wondering if MW is better as a sidechain on BTC/XMR than as a base layer... but I have not spent as much time analyzing that.
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January 22, 2019, 06:27:57 PM
 #40273

Difficult UX is putting it lightly. I would consider myself quite a geek and it's confusing even for me, there is very little valid documentation on how to use it. I also seem to have permanently lost some GRIN from unintentionally cancelling a transaction (?!).

Monero will have a MW sidechain soon - I think it will be more promising than Grin, at least currently. I do like that Grin is implemented in Rust, but it has too many technical issues currently.
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January 22, 2019, 06:31:29 PM
 #40274

Difficult UX is putting it lightly. I would consider myself quite a geek and it's confusing even for me, there is very little valid documentation on how to use it. I also seem to have permanently lost some GRIN from unintentionally cancelling a transaction (?!).

Monero will have a MW sidechain soon - I think it will be more promising than Grin, at least currently. I do like that Grin is implemented in Rust, but it has too many technical issues currently.
- If you send a transaction but the process is interrupted before you finalize it, you need to do grin wallet cancel -t TXID and then (due to a bug which will probably eventually be fixed) grin wallet check
maybe this might help?

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January 22, 2019, 07:36:24 PM
 #40275

Very interesting rise in price and volume (as well as hashpower  Shocked ).

Not in concert with much of anything else...

Not really huge yet, but some of the highest volume on an upswing in months.

Thoughts?

I was sitting there watching the last dump before the rise and had a bid in at .012251 IIRC and it dropped right to my bid and never touched it before shooting up. It was like going to a strip club. Smiley

I think those that were waiting on Grin realize it is years away and are trying to quietly get back in.

Grin is amazingly cool.  But there are SEVERAL issues that mean it is not a replacement for Monero or Bitcoin.

1.  New tech, new implementation.  Unproven.
2.  Difficult UX (remember when Monero was only for "geeks"?)
3.  Diametrically different emission to BTC.  And even though XMR has the tail emission which is hated by 21MM purists, Grin's version is even more anathema for them.
4.  Monero is still best in class privacy.  Period.

I think #4 is where Monero needs to continue to push development.  Along with scaling improvements that is really what is important.  Monero's privacy is the only real reason for it to exist at all in my humble opinion.

To be honest I am wondering if MW is better as a sidechain on BTC/XMR than as a base layer... but I have not spent as much time analyzing that.

The glory days when people laughed at you and said, "NO OFFICIAL GUI!?! What a shitcoin!!!"

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January 22, 2019, 11:26:23 PM
 #40276

Very interesting rise in price and volume (as well as hashpower  Shocked ).

Not in concert with much of anything else...

Not really huge yet, but some of the highest volume on an upswing in months.

Thoughts?

I was sitting there watching the last dump before the rise and had a bid in at .012251 IIRC and it dropped right to my bid and never touched it before shooting up. It was like going to a strip club. Smiley

I think those that were waiting on Grin realize it is years away and are trying to quietly get back in.

Grin is amazingly cool.  But there are SEVERAL issues that mean it is not a replacement for Monero or Bitcoin.

1.  New tech, new implementation.  Unproven.
2.  Difficult UX (remember when Monero was only for "geeks"?)
3.  Diametrically different emission to BTC.  And even though XMR has the tail emission which is hated by 21MM purists, Grin's version is even more anathema for them.
4.  Monero is still best in class privacy.  Period.

I think #4 is where Monero needs to continue to push development.  Along with scaling improvements that is really what is important.  Monero's privacy is the only real reason for it to exist at all in my humble opinion.

To be honest I am wondering if MW is better as a sidechain on BTC/XMR than as a base layer... but I have not spent as much time analyzing that.

That is a good question and While I would think having Monero as a base layer will not allow (as much potential) leakage and keep the privacy safer I'm not sure if the trade off for bitcoins security of chain is a better option. So basically, Idunno either. Smiley

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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January 22, 2019, 11:27:55 PM
 #40277

Very interesting rise in price and volume (as well as hashpower  Shocked ).

Not in concert with much of anything else...

Not really huge yet, but some of the highest volume on an upswing in months.

Thoughts?

I was sitting there watching the last dump before the rise and had a bid in at .012251 IIRC and it dropped right to my bid and never touched it before shooting up. It was like going to a strip club. Smiley

I think those that were waiting on Grin realize it is years away and are trying to quietly get back in.

Grin is amazingly cool.  But there are SEVERAL issues that mean it is not a replacement for Monero or Bitcoin.

1.  New tech, new implementation.  Unproven.
2.  Difficult UX (remember when Monero was only for "geeks"?)
3.  Diametrically different emission to BTC.  And even though XMR has the tail emission which is hated by 21MM purists, Grin's version is even more anathema for them.
4.  Monero is still best in class privacy.  Period.

I think #4 is where Monero needs to continue to push development.  Along with scaling improvements that is really what is important.  Monero's privacy is the only real reason for it to exist at all in my humble opinion.

To be honest I am wondering if MW is better as a sidechain on BTC/XMR than as a base layer... but I have not spent as much time analyzing that.

The glory days when people laughed at you and said, "NO OFFICIAL GUI!?! What a shitcoin!!!"


Lol, SoonTM seems so long ago now. Smiley

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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January 22, 2019, 11:30:58 PM
 #40278

Dump your monero before its too late boys, Grin taking over
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January 22, 2019, 11:45:18 PM
 #40279

Dump your monero before its too late boys, Grin taking over

w0w, look at that nice new Red trust you got there buddy!

Welcome to ignore as well. ;P

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January 23, 2019, 01:59:33 AM
 #40280

Rules reminder

Quote
Off topic includes any extensive discussion of other coins, promoting other coins, or posting of promotional materials from other coins.

Comparisons between Monero and Grin are okay but keep it substantive and not just cheerleading or doomsaying
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