Anon136
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Merit: 1217
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August 27, 2016, 12:59:28 AM |
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If you will allow me to play devils advocate. I have very little faith in the mental faculties of my fellow man. Consequently I find it hard to believe that dash failed to gain traction on the darknet markets it was introduced on as a result of any sort of technical understanding on the part of market actors. Meaning, to most of them, monero is going to appear indistinguishable. What reason do we have to believe a private currency will gain traction this time when it failed last time?
Dash uses its own version of Coinjoin, which DNM were already using to tumble. But Dash's version has far less volume, so mixing takes hours or days. And most DNM ops understood it was instamined. Awareness of fungibility, block size, hard forkability, and the dangers of bad crypto (thanks DAO) are at ATH. XMR was already on the anon community radar since Shen broke Shadowcash, if not earlier. This is the best answer, IMO. It feels to me that this is the third "real" test of cryptocurrencies. Bitcoin proved that it was possible. Ethereum almost made it, but the hype vs flaws deflated that dream (which it may eventually overcome - at least for dapps). This is Monero's time to shine. And it's ours to lose. We have the technical innovation. We have a great community. We can do this. Don't forget NXT properly solving the proof of stake problem. It totally deserves a spot for that.
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Rep Thread: https://bitcointalk.org/index.php?topic=381041If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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iCEBREAKER
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Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
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August 27, 2016, 01:10:19 AM |
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I have a hunch that they will release the gui wallet sometime before Monero trading on AlphaBay begins on Sept 1.
Soon..
Well that might be icing on the cake as far as price rise. Looking forward to the GUI myself. Not happening before Sep 1. I will ride the NYC subway naked if the GUI is released before Sept 1st LOL quoted for posterity. For maximum marketing publicity, please use a Sharpie to write adverts/slogans for Monero on yourself before being arrested.
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pa
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August 27, 2016, 01:13:53 AM |
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I have a hunch that they will release the gui wallet sometime before Monero trading on AlphaBay begins on Sept 1.
Soon..
Well that might be icing on the cake as far as price rise. Looking forward to the GUI myself. Not happening before Sep 1. I will ride the NYC subway naked if the GUI is released before Sept 1st LOL quoted for posterity. For maximum marketing publicity, please use a Sharpie to write adverts/slogans for Monero on yourself before being arrested. Moonero?
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jehst
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August 27, 2016, 01:19:10 AM |
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XMR would tend to become associated with high-reputation vendors
Does this contain the implicit assumption that sellers who ask for XMR will tend to be more virtuous, more professional sellers?
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Year 2021 Bitcoin Supply: ~90% mined Supply Inflation: <1.8%
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aminorex
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Activity: 1596
Merit: 1029
Sine secretum non libertas
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August 27, 2016, 01:31:55 AM |
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XMR would tend to become associated with high-reputation vendors
Does this contain the implicit assumption that sellers who ask for XMR will tend to be more virtuous, more professional sellers? If the low-reputation vendors require multi-sig, which precludes XMR, then all XMR vendors will be high-reputation vendors. Its an implication rather than an assumption.
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Give a man a fish and he eats for a day. Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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sammy007
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Activity: 1904
Merit: 1003
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August 27, 2016, 01:42:38 AM |
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XMR would tend to become associated with high-reputation vendors
Does this contain the implicit assumption that sellers who ask for XMR will tend to be more virtuous, more professional sellers? If they accept XMR they are more professional by default, because respect their own and your privacy (safety).
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owlcatz
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Merit: 1970
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August 27, 2016, 01:56:03 AM |
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XMR would tend to become associated with high-reputation vendors
Does this contain the implicit assumption that sellers who ask for XMR will tend to be more virtuous, more professional sellers? If they accept XMR they are more professional by default, because respect their own and your privacy (safety).Nice. I accept XMR on my sales thread here, so now I feel more elite than I already did... Lol. /jk Thanks.
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. I C Λ R U S | | | | █████▄▄█████▄▄ ████████▀▀▀████ ██████▀█████▀███ ████████████████ ████████████████ ████████████████ ░▄█████████████████ ███████████████████ ███████████████████ ████████░░░▀▀▀▀▀▀▀▀ ████████▄▄▄████████ ███████████████████ █████████████████▀ | ░░░███ ▄▄▄███ ██████ ░░░███ ░░░███ ░░░███ ░░░███ ░░░███ ░░░███ ░░░███ ▄████████ ███▌░▐███ ████████▀ | | | | | █████████████████████ █████████████████████ █████████████████████ ██████▀▀▀▀████▀▀█████ █████░░▄▄░░██░░░█████ █████▄▄██░░███░░█████ █████▀▀▀▀░░▀██░░█████ ████░░░░▄▄▄▄█▀░░▀████ ████░░░░░░░░█░▀▀░████ █████████████████████ █████████████████████ █████████████████████ █████████████████████ | ████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ████ | ████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ████ | ████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ████ | | | | ████ ██
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[/ce
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jehst
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August 27, 2016, 01:58:09 AM |
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XMR would tend to become associated with high-reputation vendors
Does this contain the implicit assumption that sellers who ask for XMR will tend to be more virtuous, more professional sellers? If the low-reputation vendors require multi-sig, which precludes XMR, then all XMR vendors will be high-reputation vendors. Its an implication rather than an assumption. I see now. That's right.
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Year 2021 Bitcoin Supply: ~90% mined Supply Inflation: <1.8%
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smoothie
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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August 27, 2016, 02:57:29 AM |
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triangle will break up or down. We'll see what direction
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███████████████████████████████████████
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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smoothie
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Merit: 1473
LEALANA Bitcoin Grim Reaper
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August 27, 2016, 03:00:52 AM |
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Where do we need to draw the lines now for Aminorex's marketmaking?
I'd like 1. a BitSquare.io node 2. a market-making bot to (safely/dispassionately) manage a few 1000 XMR worth of buys and sells on the BitSquare I believe that's the path towards fixing the potential single point of failure Polo dependency. I certainly hope that the catalyst to get us to such a point will not be a huge theft/hack at polo.
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███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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smoothie
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LEALANA Bitcoin Grim Reaper
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August 27, 2016, 03:02:55 AM |
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As for price speculation, even though those with skills far beyond mine are predicting significantly lower prices on the horizon I just don't see how that can happen. Too much new interest and the dnms will not be a bust.
In case you are talking about rpietila recent posts, which I really enjoy btw, he is clearly talking his book. Clearly. Probably putting up walls to help keep the price down while buying on the dips. Ladders setup below...Now he is the only one who can for sure say if my guess is right.
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███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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aminorex
Legendary
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Activity: 1596
Merit: 1029
Sine secretum non libertas
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August 27, 2016, 03:33:24 AM |
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I have never observed rpietila to speak a single false word. Thus if it is book-talk, it is the kind of book-talk I can respect. My guess is that he sold all of his liquid monero to a client, then went to polo to refill, but it is just a guess. I think he appreciates the value of having strategic holders, and cultivates them. Perhaps even at some nominal personal cost, if they are sufficiently strategic for the future of XMR. At least, that is what I do, albeit my contacts are more legacy-finance oriented, and less likely to be of significant benefit to the community.
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Give a man a fish and he eats for a day. Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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Anon136
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August 27, 2016, 03:38:17 AM |
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If you will allow me to play devils advocate. I have very little faith in the mental faculties of my fellow man. Consequently I find it hard to believe that dash failed to gain traction on the darknet markets it was introduced on as a result of any sort of technical understanding on the part of market actors. Meaning, to most of them, monero is going to appear indistinguishable. What reason do we have to believe a private currency will gain traction this time when it failed last time?
and now "implementing" a DAO... Oh my god. Yea effing right. That's hilarious! Does anyone comprehend how hard that is? Ethereum is a very serious, credible and well funded team and even they screwed it all up! Writing secure Turing complete op code is going to be the study of entire fields of science in the future. Universities will have campuses dedicated to it. Firms will pay millions of dollars for single pieces of code just to increase the odds that there isn't a mistake. And dash thinks they can just "me too" that shit. Hilarious!
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Rep Thread: https://bitcointalk.org/index.php?topic=381041If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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sammy007
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August 27, 2016, 03:43:29 AM |
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Ethereum is a very serious ... team
This is very strong statement
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Anon136
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August 27, 2016, 03:44:25 AM |
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Ethereum is a very serious ... team
This is very strong statement Yea yea I know. But relatively speaking. Compared to other alts. Compared to dash.
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Rep Thread: https://bitcointalk.org/index.php?topic=381041If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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sammy007
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August 27, 2016, 03:55:08 AM Last edit: August 27, 2016, 04:13:43 AM by sammy007 |
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And dash thinks they can just "me too" that shit. Hilarious!
Not only contracts bullshit, that "dev" announced ring sigs recently, I wonder if a guy which tried to hire a dev to fork Bitcoin-Qt is even capable to read whole monero whitepaper and understand it.
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Febo
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August 27, 2016, 09:06:08 AM |
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Volume is slowly drying out. It is 10 times higher then was in past but also 10 times lover as it was 4 days ago.
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nanobrain
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Dumb broad
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August 27, 2016, 09:36:50 AM |
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Volume is slowly drying out. It is 10 times higher then was in past but also 10 times lover as it was 4 days ago.
On the other hand, its a weekend and the volume is still top of the pile on Polo. The problem with big dramatic rises is that some folks then expect them every couple of days.
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pönde
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August 27, 2016, 11:23:18 AM |
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I can't believe you are not holding Monero! Still at least you have a roof over your head Yeah, shit happens, but the house is still promising. We are starting a community there and Daniel Raissar is coming. Life goes on. I'd be interested in your thoughts about XAG - it seems to have taken a life of its own recently. How long do you think the recent correction will continue?
Um no idea. Historically XAG is quite cheap so I'd invest a small % of portfolio as a hedge with appreciation potential. But it is no more a lynchpin of the global economy, ever since crypto was invented. I think rpietila has not lost a single coin. He is not that stupid. I was was unable to come to Forssa. But it was great to see that you were there and with the spirit.
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TrueCryptonaire
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August 27, 2016, 01:00:59 PM |
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I can't believe you are not holding Monero! Still at least you have a roof over your head Yeah, shit happens, but the house is still promising. We are starting a community there and Daniel Raissar is coming. Life goes on. I'd be interested in your thoughts about XAG - it seems to have taken a life of its own recently. How long do you think the recent correction will continue?
Um no idea. Historically XAG is quite cheap so I'd invest a small % of portfolio as a hedge with appreciation potential. But it is no more a lynchpin of the global economy, ever since crypto was invented. I think rpietila has not lost a single coin. He is not that stupid. I was was unable to come to Forssa. But it was great to see that you were there and with the spirit. I agree. There are at least two alternatives: He sold all his coins in the bull run and now working hard to buy them back (after all, he bought castle in this manner so why not repeat it here to get the funding for repairing it into livable condition). The other alternative is he has put his coins into someone else's name (his daughethers', wife's etc). I speculate that the first scenario is most likely with 36.8765678765678% probability.
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