[XMR] Monero Speculation

[volyova]

Xmr is still in my opinion the best privacy coin,followed by SDC

DASH is flawed and zcash is a scam (imo)

We may retrace a bit for now  but I think $50 by the summer is realistic so stay calm and hodl  

You forgot about ZCoin.

i didnt forget ,i just dont rate it at all.... a cheap copy of zookos scamcoin has no place in my portfolio

i also hold some NAVcoin because i like the project as well (its also a privacy based coin  and i think this wil only  become more importamt in the future ) http://navcoin.org/

zcoin is not a copy of zcash at all. It is a totally different protocol. Yes, somebody finally implemented the zerocoin protocol. You should do more research before shit-posting  totally incorrect things, as it makes you look like a fool. smh Zcoin isn't a copy of anything! LOL do you know anything about the coins you are trading??

[CoinCidental]

Xmr is still in my opinion the best privacy coin,followed by SDC

DASH is flawed and zcash is a scam (imo)

We may retrace a bit for now  but I think $50 by the summer is realistic so stay calm and hodl  

You forgot about ZCoin.

i didnt forget ,i just dont rate it at all.... a cheap copy of zookos scamcoin has no place in my portfolio

i also hold some NAVcoin because i like the project as well (its also a privacy based coin  and i think this wil only  become more importamt in the future ) http://navcoin.org/

zcoin is not a copy of zcash at all. It is a totally different protocol. Yes, somebody finally implemented the zerocoin protocol. You should do more research before shit-posting  totally incorrect things, as it makes you look like a fool. smh Zcoin isn't a copy of anything! LOL do you know anything about the coins you are trading??

i know im making money ,i guess youre holding dem heavy  bags lol 

here ,knock yourself out :
Zcoin uses Zerocoin technology from the Zerocoin paper. http://spar.isi.jhu.edu/~mgreen/ZerocoinOakland.pdf
This is a very well peer reviewed paper.

Zcash uses Zerocash. http://zerocash-project.org/media/pdf/zerocash-extended-20140518.pdf

Although Zerocash is a development from Zerocoin meant to address certain perceived shortcomings of Zerocoin, they are not simple forks of each other and rely on different protocols.

Zerocash was meant to improve on Zerocoin on these issues:
a) Zerocoin still requires a basecoin to convert back before being allowed to spend. Zerocash has no more basecoin
b) Zerocash's proofs are much more efficient and smaller than Zerocoin's
c) Zerocoin uses fixed denominations to mint (1, 25, 50, 100) while Zerocash is not subject to such limitations
d) Greater privacy with Zerocash since sender/receiver/amount are all obscured.

However Zerocoin's advantage over Zerocash are as follows:
a) While still retaining the basecoin and a lot of the Bitcoin core code, it is a lot easier to integrate to existing Bitcoin merchants/etc.
b) Although Zerocoin's proofs are larger and occupies more storage space, the computational requirements to generate a private transaction are many times faster. Zcash requires large amounts of RAM and minutes of computational time. Zerocoin requires seconds to use and is not memory intensive. Basically Zerocoin uses more storage space but is computationally much less intensive.
c) Parameter generation for both Zcoin and Zcash requires a trusted setup but Zcoin's parameters are arguably less controversial. (https://github.com/zcoinofficial/zcoin/wiki/Parameters-in-set-up-phase-for-Zerocoin-in-ZCoin)
d) Most importantly is that in Zcoin, total supply is still visible so if there's a flaw and someone is secretly creating coins for themselves, this can be much more easily detected. With Zcash, because everything is hidden, if a flaw is exploited, it may be almost impossible to detect!
e) Zerocoin's tech is more peer reviewed and better understood than Zcash's. Zcash's use of zero knowledge proofs uses ZK-Snarks which very few people understand. Even Zooko himself admits he doesn't understand it (https://www.youtube.com/watch?v=P6RLjcGVUnw&feature=youtu.be&t=17m30s). Note that Zerocoin's paper was only like 15 pages. Zcash's paper is more than 50 pages so Zcash's is considerably more complex which means more things that can go wrong. This is why Zcash had to spend so much money on multiple security companies auditing on its critical components and bugs (including some serious ones have been found). A security audit is also not fool proof as the DAO exposed and which is why Zcash also uses multiple companies to audit.

Zcash is pretty neat technology and I think is a very amazing innovation but I do think that Zerocoin has a role to play. Its anonymity is still amazingly good with a much larger traceability set than previous anonymity implementations (basically all the previous Zcoins minted), it can be much more readily used today with existing vendors/merchants and can be used in a wide variety of devices today.

[volyova]

Xmr is still in my opinion the best privacy coin,followed by SDC

DASH is flawed and zcash is a scam (imo)

We may retrace a bit for now  but I think $50 by the summer is realistic so stay calm and hodl  

You forgot about ZCoin.

i didnt forget ,i just dont rate it at all.... a cheap copy of zookos scamcoin has no place in my portfolio

i also hold some NAVcoin because i like the project as well (its also a privacy based coin  and i think this wil only  become more importamt in the future ) http://navcoin.org/

zcoin is not a copy of zcash at all. It is a totally different protocol. Yes, somebody finally implemented the zerocoin protocol. You should do more research before shit-posting  totally incorrect things, as it makes you look like a fool. smh Zcoin isn't a copy of anything! LOL do you know anything about the coins you are trading??

i know im making money ,i guess youre holding dem heavy  bags lol  

here ,knock yourself out :
Zcoin uses Zerocoin technology from the Zerocoin paper. http://spar.isi.jhu.edu/~mgreen/ZerocoinOakland.pdf
This is a very well peer reviewed paper.

Zcash uses Zerocash. http://zerocash-project.org/media/pdf/zerocash-extended-20140518.pdf

Although Zerocash is a development from Zerocoin meant to address certain perceived shortcomings of Zerocoin, they are not simple forks of each other and rely on different protocols.

Zerocash was meant to improve on Zerocoin on these issues:
a) Zerocoin still requires a basecoin to convert back before being allowed to spend. Zerocash has no more basecoin
b) Zerocash's proofs are much more efficient and smaller than Zerocoin's
c) Zerocoin uses fixed denominations to mint (1, 25, 50, 100) while Zerocash is not subject to such limitations
d) Greater privacy with Zerocash since sender/receiver/amount are all obscured.

However Zerocoin's advantage over Zerocash are as follows:
a) While still retaining the basecoin and a lot of the Bitcoin core code, it is a lot easier to integrate to existing Bitcoin merchants/etc.
b) Although Zerocoin's proofs are larger and occupies more storage space, the computational requirements to generate a private transaction are many times faster. Zcash requires large amounts of RAM and minutes of computational time. Zerocoin requires seconds to use and is not memory intensive. Basically Zerocoin uses more storage space but is computationally much less intensive.
c) Parameter generation for both Zcoin and Zcash requires a trusted setup but Zcoin's parameters are arguably less controversial. (https://github.com/zcoinofficial/zcoin/wiki/Parameters-in-set-up-phase-for-Zerocoin-in-ZCoin)
d) Most importantly is that in Zcoin, total supply is still visible so if there's a flaw and someone is secretly creating coins for themselves, this can be much more easily detected. With Zcash, because everything is hidden, if a flaw is exploited, it may be almost impossible to detect!
e) Zerocoin's tech is more peer reviewed and better understood than Zcash's. Zcash's use of zero knowledge proofs uses ZK-Snarks which very few people understand. Even Zooko himself admits he doesn't understand it (https://www.youtube.com/watch?v=P6RLjcGVUnw&feature=youtu.be&t=17m30s). Note that Zerocoin's paper was only like 15 pages. Zcash's paper is more than 50 pages so Zcash's is considerably more complex which means more things that can go wrong. This is why Zcash had to spend so much money on multiple security companies auditing on its critical components and bugs (including some serious ones have been found). A security audit is also not fool proof as the DAO exposed and which is why Zcash also uses multiple companies to audit.

Zcash is pretty neat technology and I think is a very amazing innovation but I do think that Zerocoin has a role to play. Its anonymity is still amazingly good with a much larger traceability set than previous anonymity implementations (basically all the previous Zcoins minted), it can be much more readily used today with existing vendors/merchants and can be used in a wide variety of devices today.

Did you just copy and paste that?? Ahahahahaha I know you did, I read it before verbatim!

[CoinCidental]

Xmr is still in my opinion the best privacy coin,followed by SDC

DASH is flawed and zcash is a scam (imo)

We may retrace a bit for now  but I think $50 by the summer is realistic so stay calm and hodl  

You forgot about ZCoin.

i didnt forget ,i just dont rate it at all.... a cheap copy of zookos scamcoin has no place in my portfolio

i also hold some NAVcoin because i like the project as well (its also a privacy based coin  and i think this wil only  become more importamt in the future ) http://navcoin.org/

zcoin is not a copy of zcash at all. It is a totally different protocol. Yes, somebody finally implemented the zerocoin protocol. You should do more research before shit-posting  totally incorrect things, as it makes you look like a fool. smh Zcoin isn't a copy of anything! LOL do you know anything about the coins you are trading??

i know im making money ,i guess youre holding dem heavy  bags lol 

here ,knock yourself out :
Zcoin uses Zerocoin technology from the Zerocoin paper. http://spar.isi.jhu.edu/~mgreen/ZerocoinOakland.pdf
This is a very well peer reviewed paper.

Zcash uses Zerocash. http://zerocash-project.org/media/pdf/zerocash-extended-20140518.pdf

Although Zerocash is a development from Zerocoin meant to address certain perceived shortcomings of Zerocoin, they are not simple forks of each other and rely on different protocols.

Zerocash was meant to improve on Zerocoin on these issues:
a) Zerocoin still requires a basecoin to convert back before being allowed to spend. Zerocash has no more basecoin
b) Zerocash's proofs are much more efficient and smaller than Zerocoin's
c) Zerocoin uses fixed denominations to mint (1, 25, 50, 100) while Zerocash is not subject to such limitations
d) Greater privacy with Zerocash since sender/receiver/amount are all obscured.

However Zerocoin's advantage over Zerocash are as follows:
a) While still retaining the basecoin and a lot of the Bitcoin core code, it is a lot easier to integrate to existing Bitcoin merchants/etc.
b) Although Zerocoin's proofs are larger and occupies more storage space, the computational requirements to generate a private transaction are many times faster. Zcash requires large amounts of RAM and minutes of computational time. Zerocoin requires seconds to use and is not memory intensive. Basically Zerocoin uses more storage space but is computationally much less intensive.
c) Parameter generation for both Zcoin and Zcash requires a trusted setup but Zcoin's parameters are arguably less controversial. (https://github.com/zcoinofficial/zcoin/wiki/Parameters-in-set-up-phase-for-Zerocoin-in-ZCoin)
d) Most importantly is that in Zcoin, total supply is still visible so if there's a flaw and someone is secretly creating coins for themselves, this can be much more easily detected. With Zcash, because everything is hidden, if a flaw is exploited, it may be almost impossible to detect!
e) Zerocoin's tech is more peer reviewed and better understood than Zcash's. Zcash's use of zero knowledge proofs uses ZK-Snarks which very few people understand. Even Zooko himself admits he doesn't understand it (https://www.youtube.com/watch?v=P6RLjcGVUnw&feature=youtu.be&t=17m30s). Note that Zerocoin's paper was only like 15 pages. Zcash's paper is more than 50 pages so Zcash's is considerably more complex which means more things that can go wrong. This is why Zcash had to spend so much money on multiple security companies auditing on its critical components and bugs (including some serious ones have been found). A security audit is also not fool proof as the DAO exposed and which is why Zcash also uses multiple companies to audit.

Zcash is pretty neat technology and I think is a very amazing innovation but I do think that Zerocoin has a role to play. Its anonymity is still amazingly good with a much larger traceability set than previous anonymity implementations (basically all the previous Zcoins minted), it can be much more readily used today with existing vendors/merchants and can be used in a wide variety of devices today.

Did you just copy and paste that?? Ahahahahaha

whats copy and paste ?

[volyova]

Xmr is still in my opinion the best privacy coin,followed by SDC

DASH is flawed and zcash is a scam (imo)

We may retrace a bit for now  but I think $50 by the summer is realistic so stay calm and hodl  

You forgot about ZCoin.

i didnt forget ,i just dont rate it at all.... a cheap copy of zookos scamcoin has no place in my portfolio

i also hold some NAVcoin because i like the project as well (its also a privacy based coin  and i think this wil only  become more importamt in the future ) http://navcoin.org/

zcoin is not a copy of zcash at all. It is a totally different protocol. Yes, somebody finally implemented the zerocoin protocol. You should do more research before shit-posting  totally incorrect things, as it makes you look like a fool. smh Zcoin isn't a copy of anything! LOL do you know anything about the coins you are trading??

i know im making money ,i guess youre holding dem heavy  bags lol 

here ,knock yourself out :
Zcoin uses Zerocoin technology from the Zerocoin paper. http://spar.isi.jhu.edu/~mgreen/ZerocoinOakland.pdf
This is a very well peer reviewed paper.

Zcash uses Zerocash. http://zerocash-project.org/media/pdf/zerocash-extended-20140518.pdf

Although Zerocash is a development from Zerocoin meant to address certain perceived shortcomings of Zerocoin, they are not simple forks of each other and rely on different protocols.

Zerocash was meant to improve on Zerocoin on these issues:
a) Zerocoin still requires a basecoin to convert back before being allowed to spend. Zerocash has no more basecoin
b) Zerocash's proofs are much more efficient and smaller than Zerocoin's
c) Zerocoin uses fixed denominations to mint (1, 25, 50, 100) while Zerocash is not subject to such limitations
d) Greater privacy with Zerocash since sender/receiver/amount are all obscured.

However Zerocoin's advantage over Zerocash are as follows:
a) While still retaining the basecoin and a lot of the Bitcoin core code, it is a lot easier to integrate to existing Bitcoin merchants/etc.
b) Although Zerocoin's proofs are larger and occupies more storage space, the computational requirements to generate a private transaction are many times faster. Zcash requires large amounts of RAM and minutes of computational time. Zerocoin requires seconds to use and is not memory intensive. Basically Zerocoin uses more storage space but is computationally much less intensive.
c) Parameter generation for both Zcoin and Zcash requires a trusted setup but Zcoin's parameters are arguably less controversial. (https://github.com/zcoinofficial/zcoin/wiki/Parameters-in-set-up-phase-for-Zerocoin-in-ZCoin)
d) Most importantly is that in Zcoin, total supply is still visible so if there's a flaw and someone is secretly creating coins for themselves, this can be much more easily detected. With Zcash, because everything is hidden, if a flaw is exploited, it may be almost impossible to detect!
e) Zerocoin's tech is more peer reviewed and better understood than Zcash's. Zcash's use of zero knowledge proofs uses ZK-Snarks which very few people understand. Even Zooko himself admits he doesn't understand it (https://www.youtube.com/watch?v=P6RLjcGVUnw&feature=youtu.be&t=17m30s). Note that Zerocoin's paper was only like 15 pages. Zcash's paper is more than 50 pages so Zcash's is considerably more complex which means more things that can go wrong. This is why Zcash had to spend so much money on multiple security companies auditing on its critical components and bugs (including some serious ones have been found). A security audit is also not fool proof as the DAO exposed and which is why Zcash also uses multiple companies to audit.

Zcash is pretty neat technology and I think is a very amazing innovation but I do think that Zerocoin has a role to play. Its anonymity is still amazingly good with a much larger traceability set than previous anonymity implementations (basically all the previous Zcoins minted), it can be much more readily used today with existing vendors/merchants and can be used in a wide variety of devices today.

Did you just copy and paste that?? Ahahahahaha

whats copy and paste ?

I have no words...

[mmkiwi]

A lot of huge sell orders were bought at 0.0125-0.0129 earlier today on polo, 24h volume currently 7k btc. Hopefully it will rise above 0.013 soon.

[mnemonicsoup]

This price correction is a good thing, the price rose very fast and expectations were too high, lot of uneducated investors only looking for a quick buck, good riddance to them. A steady price increase is much better anyway...

[kurious]

Don't worry - in the end the cream always rises....

[ozkraut]

Don't worry - in the end the cream always rises....

this
dont get sucked in by the fud. The shorters took the opportunity of MyMonero being down and general ignorance around the ring ct fork to create negativity. Polo trollbox full of 'fake news' all weekend, dash trolls and who else with an agenda - all on board the fud train. Worst I saw some group claiming that a bug was transferring the transaction amount as fees which are lost to the miners. Which we all know is bullshit. I certainly do, as I have done a number of successful  transactions since the fork with no issues (via cli btw) Let the ones who's cage can be rattled by this sell their coins. They will be crying soon enough. For crying out loud we were breaking thru 0.007 a month ago or so...crypto is like a bunch of toddlers and completely devoid of rational thought from so many. Funny really. Take it as the opportunity it is. As the German say: who laughs last laughs the hardest. That will be us.

[LennyCarl]

Following this cryptocurrency stuff for the past 4-5 months, I have definitely noticed the doom and gloom orchestra when price drops AND the "Moons the limit" when the price jumps up. I try to treat it as noise and not get too anxious/excited.

On a positive, helpful note, check out this great website explaining all things monero someone posted on reddit:

https://www.monero.how/

[Hueristic]

Don't worry - in the end the cream always rises....

this
dont get sucked in by the fud. The shorters took the opportunity of MyMonero being down and general ignorance around the ring ct fork to create negativity. Polo trollbox full of 'fake news' all weekend, dash trolls and who else with an agenda - all on board the fud train. Worst I saw some group claiming that a bug was transferring the transaction amount as fees which are lost to the miners. Which we all know is bullshit. I certainly do, as I have done a number of successful  transactions since the fork with no issues (via cli btw) Let the ones who's cage can be rattled by this sell their coins. They will be crying soon enough. For crying out loud we were breaking thru 0.007 a month ago or so...crypto is like a bunch of toddlers and completely devoid of rational thought from so many. Funny really. Take it as the opportunity it is. As the German say: who laughs last laughs the hardest. That will be us.

ERMEHGERD BUTTHUURRTTT

Just ignore this Zcrap troll. That shit will be history soon enough.

Xmr is still in my opinion the best privacy coin,followed by SDC

DASH is flawed and zcash is a scam (imo)

We may retrace a bit for now  but I think $50 by the summer is realistic so stay calm and hodl 

You forgot about ZCoin.

BTW nobody forgot about it, it just doesn't even rate enough to be on the horizon. Hope your bag is doing well.

[ozkraut]

Don't worry - in the end the cream always rises....

this
dont get sucked in by the fud. The shorters took the opportunity of MyMonero being down and general ignorance around the ring ct fork to create negativity. Polo trollbox full of 'fake news' all weekend, dash trolls and who else with an agenda - all on board the fud train. Worst I saw some group claiming that a bug was transferring the transaction amount as fees which are lost to the miners. Which we all know is bullshit. I certainly do, as I have done a number of successful  transactions since the fork with no issues (via cli btw) Let the ones who's cage can be rattled by this sell their coins. They will be crying soon enough. For crying out loud we were breaking thru 0.007 a month ago or so...crypto is like a bunch of toddlers and completely devoid of rational thought from so many. Funny really. Take it as the opportunity it is. As the German say: who laughs last laughs the hardest. That will be us.

ERMEHGERD BUTTHUURRTTT

welcome to my ignore list. Not that I care but dwarf rebellions must be ignored. see ya

[volyova]

Don't worry - in the end the cream always rises....

this
dont get sucked in by the fud. The shorters took the opportunity of MyMonero being down and general ignorance around the ring ct fork to create negativity. Polo trollbox full of 'fake news' all weekend, dash trolls and who else with an agenda - all on board the fud train. Worst I saw some group claiming that a bug was transferring the transaction amount as fees which are lost to the miners. Which we all know is bullshit. I certainly do, as I have done a number of successful  transactions since the fork with no issues (via cli btw) Let the ones who's cage can be rattled by this sell their coins. They will be crying soon enough. For crying out loud we were breaking thru 0.007 a month ago or so...crypto is like a bunch of toddlers and completely devoid of rational thought from so many. Funny really. Take it as the opportunity it is. As the German say: who laughs last laughs the hardest. That will be us.

ERMEHGERD BUTTHUURRTTT

Just ignore this Zcrap troll. That shit will be history soon enough.

Xmr is still in my opinion the best privacy coin,followed by SDC

DASH is flawed and zcash is a scam (imo)

We may retrace a bit for now  but I think $50 by the summer is realistic so stay calm and hodl 

You forgot about ZCoin.

BTW nobody forgot about it, it just doesn't even rate enough to be on the horizon. Hope your bag is doing well.

Omg can you actually see into the future. Can you "do" magic as well? 

[volyova]

Thanks to all trolls for quoting me about ZCoin! ESpecially that one who posted all the tech information about it! Cya!

[CoinCidental]

Thanks to all trolls for quoting me about ZCoin! ESpecially that one who posted all the tech information about it! Cya!

Gtfo you Ztrash shill cunt... This thread is all about Honeypony!  

[nanobrain]

Following this cryptocurrency stuff for the past 4-5 months, I have definitely noticed the doom and gloom orchestra when price drops AND the "Moons the limit" when the price jumps up. I try to treat it as noise and not get too anxious/excited.

On a positive, helpful note, check out this great website explaining all things monero someone posted on reddit:

https://www.monero.how/

There are unhealthy levels of 'bipolar disorder' in crypto that s for sure; the only thing that doesn't lie (but can be manipulated) are the numbers on the board. 

What you should be cautious of are exhortations for faith, conviction or trust.

[numismatist]

Okay, drawing consequences. This whole freaking Speculation Thread is now on Ignore!
Didn't contained any usefull information anyways, mere time sink

[LennyCarl]

Heading back under $10USD....next stop around $8 within the next week/ten days.

The 4 hour USD/XMR chart for the last month or so on POLO is pretty revealing.

I can definitely see what you are seeing. I'll watch and wait to see if your prediction holds true. And maybe I'll learn something and can better predict the next time it happens. Don't feel like selling at this time but will potentially buy more if it drops back to that level.

Thanks for the insight!

[coinling]

Heading back under $10USD....next stop around $8 within the next week/ten days.

The 4 hour USD/XMR chart for the last month or so on POLO is pretty revealing.

I can definitely see what you are seeing. I'll watch and wait to see if your prediction holds true. And maybe I'll learn something and can better predict the next time it happens. Don't feel like selling at this time but will potentially buy more if it drops back to that level.

Thanks for the insight!

Do altcoins really follow USD or other FIAT chart technicals rather than BTC TA?
I think TA overall is a bit overestimated in Cryptoworld but i would rather say that most alts follow the ALT/BTC charts over USD.

[Febo]

Heading back under $10USD....next stop around $8 within the next week/ten days.

The 4 hour USD/XMR chart for the last month or so on POLO is pretty revealing.

I can definitely see what you are seeing. I'll watch and wait to see if your prediction holds true. And maybe I'll learn something and can better predict the next time it happens. Don't feel like selling at this time but will potentially buy more if it drops back to that level.

Thanks for the insight!

Do altcoins really follow USD or other FIAT chart technicals rather than BTC TA?
I think TA overall is a bit overestimated in Cryptoworld but i would rather say that most alts follow the ALT/BTC charts over USD.

I think it was miss typed and was meant XMR/BTC.   
Well, from  traders perspective , it can only look  good or bad. There is no middle way.  Chart look as it is right now from various reasons. BTC drop a week ago, Long time expected RingCT implemented few days ago. There was lots of big news in December, so now lack of them or better turn back to normal pushed Crypto eyes elsewhere. But that can change fast so as Bitcoin movement and no matter how chart looks right now Monero price can turn opposite way.