[XMR] Monero Speculation

[Globb0]

^  F**kin journos making it bigger than it really is could cost us.  I heard another exchange delisted XMR.  They just couldn't handle the pressure from the government cos they can't do anythng.  XMR is so good with privacy and the only choice is to get rid of it than continue dealing with it.

Yes, and it's a big one - Bithumb.

https://cointelegraph.com/news/another-exchange-delists-monero-amidst-ongoing-sex-scandal

It's a real shame that they show the world they don't care about privacy and try to blame the coin for the actions of its users. This is never a good idea to find a scapegoat and call the case closed.

Its all one specific country. One where freedom is not as taken for granted as it is for us.

The big scandal will get sorted but sure enough Monero is doing its job because they probably failing to trace all the involved parties, at least through that method.

[1653374833]

1653374833

[Febo]

Yes, and it's a big one - Bithumb.

Do not forget that all Korean exchanges have international and local Korean exchange. Monero is listed on all international ones. https://www.bithumb.pro/en-us/spot/trade?q=XMR-USDT  It says $1.7 million volume today.  Of course none of us were able to trade on Koran Bithumb anyway.

[phishead]

Yeah unfortunately that is correct. Fluffypony confirmed that for me when I was doing the research on it. 

W0w, no shit? do you have any links.

Nah, just from word of mouth.  Ric was just aware of what had happened so I took his word for it.

[Febo]

Not really about Monero, but still hot because it cant be about Monero

https://bitrankverified.com/home

BitRank Verified®, a scoring mechanism for digital currencies.
Individuals want to be able to have a level of confidence that the bitcoin addresses with which they are sending or receiving coins have not been use by a criminal element before a transaction takes place and this is what BitRank® offers.

BitRank®, users are able to perform a single address lookup using our website or using our proprietary API module. Each lookup provides a safety score between 0 and 100. Bitcoin wallets that are flagged with a higher risk profile are given a lower score, whereas lower risk profile wallets receive a higher BitRank® score.



Oh you have only 3 tries per day. They probably sell this service or plan to sell.

[BayAreaCoins]

Not really about Monero, but still hot because it cant be about Monero

https://bitrankverified.com/home

BitRank Verified®, a scoring mechanism for digital currencies.
Individuals want to be able to have a level of confidence that the bitcoin addresses with which they are sending or receiving coins have not been use by a criminal element before a transaction takes place and this is what BitRank® offers.

BitRank®, users are able to perform a single address lookup using our website or using our proprietary API module. Each lookup provides a safety score between 0 and 100. Bitcoin wallets that are flagged with a higher risk profile are given a lower score, whereas lower risk profile wallets receive a higher BitRank® score.



Oh you have only 3 tries per day. They probably sell this service or plan to sell.

These things don't work (thank god lol).

[tokeweed]

Not really about Monero, but still hot because it cant be about Monero

https://bitrankverified.com/home

BitRank Verified®, a scoring mechanism for digital currencies.
Individuals want to be able to have a level of confidence that the bitcoin addresses with which they are sending or receiving coins have not been use by a criminal element before a transaction takes place and this is what BitRank® offers.

BitRank®, users are able to perform a single address lookup using our website or using our proprietary API module. Each lookup provides a safety score between 0 and 100. Bitcoin wallets that are flagged with a higher risk profile are given a lower score, whereas lower risk profile wallets receive a higher BitRank® score.



Oh you have only 3 tries per day. They probably sell this service or plan to sell.

These things don't work (thank god lol).

Oh it's gonna work..  But just not that well.  There are gonna be a lot of addresses ranked low or high by mistake and what it's really doing is hurting BTC's fungibility.  I mean really..  Wasn't it one of the primary reasons why why Cryptonote was developed?

Like how BTC slapped everybody behind the head to wake them up and see what's up, XMR is gonna do the same thing all over again.

[Globb0]

I said it before but sadly we stayed low.

But again, green shoots?

[Last of the V8s]

https://eprint.iacr.org/2020/593.pdf
monero's getting better; zcash isn't (duh)

[posi]

https://eprint.iacr.org/2020/593.pdf
monero's getting better; zcash isn't (duh)

Monero is one of the best privacy coin in market and i respect the development with strategies implemented by the team lately  but you shouldnt compare the price of the coins because they both have there own enthusiasts. With that been said, Zcash is currently having a problem (some expert said it not that privacy as people believed) right now which was what i believe triggered it dump in price though i dont know if the claim is genuine cause i dont follow the coin.

[Globb0]

https://eprint.iacr.org/2020/593.pdf
monero's getting better; zcash isn't (duh)

Thanks for that interesting read V8

[cAPSLOCK]

https://eprint.iacr.org/2020/593.pdf
monero's getting better; zcash isn't (duh)

Despite the nifty technology in Zcash, it's been just privacy theater from the beginning.  And the "founder's reward" is one of the smelliest shitpiles in all of crypto.  For some reason Zooko comes across as such a sweet humble cryptographer who just feels so good now that he can buy groceries.  And I am sure that is what convinced Gemini to list it.  Not a chunk of the founder's reward.

For some reason Zooko has me blocked on Twitter... I can't imagine why.

There is a reason current darknet markets take, and prefer Monero.

[BuHoBeH]

Monero>>>>Zcash

[Febo]

For those crypto fans that are annoyed because Monero forked so many times in last 6 years we present new Monero upgrade that did not need a hardfork. You simply hardfork only when you need to.

https://web.getmonero.org/2020/05/23/monero-0.16-released.html


Some highlights of this release are:

Bulletproofs: improve verification speed
Daemon: add Dandelion++ support
Daemon: speedup startup in some cases
Daemon: reduce bandwidth by up to 2/3rd
Daemon: improve auto bootstrap algorithm
Daemon: faster fetching of consecutive transactions
Daemon: print estimates for time until fully synced
Ledger: improve error messages
Ledger: timelock verification
Wallet: new "address one-off" command
Wallet: new "sweep_account" command
ZMQ: improved support and bug fixes
Various bug fixes and performance improvements

[tokeweed]

^  Devs gotta do it while they can imho.

https://eprint.iacr.org/2020/593.pdf
monero's getting better; zcash isn't (duh)

Monero is one of the best privacy coin in market and i respect the development with strategies implemented by the team lately  but you shouldnt compare the price of the coins because they both have there own enthusiasts. With that been said, Zcash is currently having a problem (some expert said it not that privacy as people believed) right now which was what i believe triggered it dump in price though i dont know if the claim is genuine cause i dont follow the coin.

What do you mean 'one of'?  It's the one and only really super mega best privacy coin out there.  I really don't get why everybody isn't getting into it.  I mean yeah sure, BTC...  It's the biggest.  But XMR complements BTC if you want to hide your stash.

[posi]

https://eprint.iacr.org/2020/593.pdf
monero's getting better; zcash isn't (duh)

Monero is one of the best privacy coin in market and i respect the development with strategies implemented by the team lately  but you shouldnt compare the price of the coins because they both have there own enthusiasts. With that been said, Zcash is currently having a problem (some expert said it not that privacy as people believed) right now which was what i believe triggered it dump in price though i dont know if the claim is genuine cause i dont follow the coin.

What do you mean 'one of'?  It's the one and only really super mega best privacy coin out there.  

Youre right about that but i said one of best cause we also have others privacy coin which is doing well either.

I really don't get why everybody isn't getting into it.  I mean yeah sure, BTC...  It's the biggest.  But XMR complements BTC if you want to hide your stash.

It appears panic is the reason why some people don't get into it due to the false statement made by McAfee about privacy coins while he's (McAfee) trying to pump his shit privacy coin and with the new development and simultaneously solution implemented by XMR team things should be good in a couple of weeks.

[phishead]

https://eprint.iacr.org/2020/593.pdf
monero's getting better; zcash isn't (duh)

Monero is one of the best privacy coin in market and i respect the development with strategies implemented by the team lately  but you shouldnt compare the price of the coins because they both have there own enthusiasts. With that been said, Zcash is currently having a problem (some expert said it not that privacy as people believed) right now which was what i believe triggered it dump in price though i dont know if the claim is genuine cause i dont follow the coin.

What do you mean 'one of'?  It's the one and only really super mega best privacy coin out there. 

Youre right about that but i said one of best cause we also have others privacy coin which is doing well either.

I really don't get why everybody isn't getting into it.  I mean yeah sure, BTC...  It's the biggest.  But XMR complements BTC if you want to hide your stash.

It appears panic is the reason why some people don't get into it due to the false statement made by McAfee about privacy coins while he's (McAfee) trying to pump his shit privacy coin and with the new development and simultaneously solution implemented by XMR team things should be good in a couple of weeks.

My theory of why so many people group these other coins with xmr as ‘privacy coins’ is because of all the other btc forks of the past. You could technically make the argument that 98% of all coins out there are ‘transparency’ coins (I.e. litecoin, doge, etc.), ‘smart contract’ coins which should be in its own category, and then ‘privacy coins’ that run any other algo and has some sort of shield tx/mimble wimble/mixing feature, etc.

I feel people group them the same way people group certain stocks together, because unfortunately people don’t go past surface level research on these things and only look at short term profit margins.

[posi]

https://eprint.iacr.org/2020/593.pdf
monero's getting better; zcash isn't (duh)

Monero is one of the best privacy coin in market and i respect the development with strategies implemented by the team lately  but you shouldnt compare the price of the coins because they both have there own enthusiasts. With that been said, Zcash is currently having a problem (some expert said it not that privacy as people believed) right now which was what i believe triggered it dump in price though i dont know if the claim is genuine cause i dont follow the coin.

What do you mean 'one of'?  It's the one and only really super mega best privacy coin out there. 

Youre right about that but i said one of best cause we also have others privacy coin which is doing well either.

I really don't get why everybody isn't getting into it.  I mean yeah sure, BTC...  It's the biggest.  But XMR complements BTC if you want to hide your stash.

It appears panic is the reason why some people don't get into it due to the false statement made by McAfee about privacy coins while he's (McAfee) trying to pump his shit privacy coin and with the new development and simultaneously solution implemented by XMR team things should be good in a couple of weeks.

My theory of why so many people group these other coins with xmr as ‘privacy coins’ is because of all the other btc forks of the past. You could technically make the argument that 98% of all coins out there are ‘transparency’ coins (I.e. litecoin, doge, etc.), ‘smart contract’ coins which should be in its own category, and then ‘privacy coins’ that run any other algo and has some sort of shield tx/mimble wimble/mixing feature, etc.

I feel people group them the same way people group certain stocks together, because unfortunately people don’t go past surface level research on these things and only look at short term profit margins.

I'm afraid you absolutely right because i was once on the exact page when I'm inexperienced and the same thing still happen till now for there are few people in the market that perform in-depth research about the crypto they want to invest in while 95% of investors only invest base on hype and misleading articles/news.
XMR still standout in the privacy market though

[Myleschetty]

@Phishead, It important to go beyond surface research about crypto but diversfy investment others coin to make short term profit is not a bad idea if an investor know how to keep his fund safe.
When will Monero 0.16.0.0 Nitrogen Nebula be activate?

#I respect XMR  🎓

[dEBRUYNE]

@Phishead, It important to go beyond surface research about crypto but diversfy investment others coin to make short term profit is not a bad idea if an investor know how to keep his fund safe.
When will Monero 0.16.0.0 Nitrogen Nebula be activate?

#I respect XMR  🎓

The CLI release binaries for v0.16 have already been published on the website. GUI v0.16 is forthcoming.

[Febo]

When will Monero 0.16.0.0 Nitrogen Nebula be activate?

Since no hardfork is needed, then it can be used as soon as you upgrade. Hardware wallets and similar businesses probably need to update their software and you will be able to use their services only after some time. Also as with any update dont just jump in and transact your retirement fund over Monero right now, but wait for possible bugs and do that in a week or two.