[XMR] Monero Speculation

[25hashcoin]

Monero is not so annonymous as many people think

This. And it looks like there will be LOTS of upcoming competition in the very near future for Monero. Let's see how long it can survive with it's dated, kludgy tech, lack of true anonymity, and terribly enormous fees.

[1713554797]

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[1713554797]

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[garytheasshole]

Monero is not so annonymous as many people think

This. And it looks like there will be LOTS of upcoming competition in the very near future for Monero. Let's see how long it can survive with it's dated, kludgy tech, lack of true anonymity, and terribly enormous fees.

Show me proof of concept that the anonymity of monero can be compromised and I'll buy any shitcoin you tell me and kiss your ass.

Aren't you the same schmeckle that said "btc is dead, use bch the new boss"? If so your input is not worth 1 shit let alone 2 shits.

[garytheasshole]

I shit on trolls then eat them just to shit them again.

[Globb0]

There is a large bounty for cracking a Monero transaction, I believe. So anyone who says its easy, get it done then.


Bleep bleep

[RayBarK]

Monero is now the preferred method of payment for illegal items on the deepweb and most silk road equivalents, I think that this will have a direct effect on the price and how much it will be worth in the future. I mean the whole selling point of this coin is anonymity and it worked to the tune of $90 per XMR, not to mention that it's 1:1 CPU to GPU, making it one of the only CPU mineable coins, it'll bounce above $150, as long as bad press is kept on the down low.

[Hueristic]

I don't use Deep Web so can you guys please tell me is Monero actually the most used crpytocurrency there? Which other altcoins are anonymous enough, is there any real competition against Monero?

There is no competition that can be trusted, I have no clue what is used on Dark Markets but it would make sense that now that it's widely known Monero is indeed completely fungible I would not be surprised if it is the only one being used.

"Anonymous Enough" = "A Little Bit Pregnant"   

LOL, ^^^ This!

Monero is not so annonymous as many people think

Prove it.

And this ^^^

Go ahead and grab your prize smart guy and prove it's not anon.

[Nathan047]

It’s funny, even these trolls can’t come up with a better solution to privacy; it almost seems as if Monero is the best in the business when it comes to anonymity.

Also, don’t forget to make use of that ignore button guys.

[Brilliantrocket]

Monero is not so annonymous as many people think

its 100% anonymous and far better than other anonymous coins like XVG who claims to be better

[johnalan]

Right now I would guess that DHL is the lion's share of the darknet economy, and as I haven't been invited, I don't think I can see what is going on there.  Can we get a report from inside please?

My suspicion is that XMR is a small minority of darknet xns, BTC being the bulk still, but that this will change when a new open-to-the-public DNM takes the lead.  eMule, Kad, BitTorrent dominate over DirectConnect, for example. DHL will not lead for long, and with Cazes dangling by his neck in Bangkok, I think that coming leader will use XMR exclusively, p > 90%, to avoid a similar fate.

The big gains in XMR are yet to come.  Not so sure the same can be said for BTC or ETH.  Whether they first come from Evergreen or from DNMs, I will not concern myself.  As Jesse Livermore noted: You don't get paid to trade; you get paid to wait.

Rising difficulties always have the effect of upward price pressure, since the marginal miner is forced to hold out for higher prices, to remain profitable.  Pricing equilibria are determined at the margins.  

Current pricing seems fair to Fisher's law, but discounts the upside speculation far more than could be called rational, presumably because the tarnish affecting ICOs after bubble phenomena like FileCoin is creating a short-term contraction of the whole crypto sector.  But that won't last long.  The sector is much more diverse now, and the time preferences of the players are longer on average.  Duration is being bid. That means the dip will be much shallower and shorter than, e.g. the post-Gox debacle.

As regards taking a flyer on a whitepaper, the false positive rate is a deal-killer right now: Too many pikers chasing too few punts.  I would keep my punt in XMR.  

P.S. the secular gold bull, dollar bear is looming again.

Profound reading as always. Thank you.

So you're as bullish on XMR as always my G?

[opennux]

This is a good idea. getmonero.org could have a page on the site where people can choose to mine for a while for a certain charity.  It would be a really good marketing stunt 

getmonero.org should be setup to do this.

It is an amazing idea.
We could choose also some marketing active charities and inform them about it. It would improve the XMR image.

Also donations to the development fund could be done on this way.

Whilst I appreciate that the concept behind that type of mining and see the potential in micro transactions through this, then it is an entirely bad idea to do any charity-related thing through official monero sites - such as getmonero. Why? Because Monero is apolitical. No matter which charity there will always be some sort of political underpinning.

What COULD be done is to do browser mining where all proceeds went to the monero foundation address instead - one could set it up when idle, and people could choose a cpu% or such. That would make it possible for people without technical know how or motivation to donate that way.

Unrelated to the official monero sites someone with the ability to carry through could setup donation sites - with the use of monero of course.

[SolarStorm]

This is a good idea. getmonero.org could have a page on the site where people can choose to mine for a while for a certain charity.  It would be a really good marketing stunt  

getmonero.org should be setup to do this.

It is an amazing idea.
We could choose also some marketing active charities and inform them about it. It would improve the XMR image.

Also donations to the development fund could be done on this way.

Whilst I appreciate that the concept behind that type of mining and see the potential in micro transactions through this, then it is an entirely bad idea to do any charity-related thing through official monero sites - such as getmonero. Why? Because Monero is apolitical. No matter which charity there will always be some sort of political underpinning.

What COULD be done is to do browser mining where all proceeds went to the monero foundation address instead - one could set it up when idle, and people could choose a cpu% or such. That would make it possible for people without technical know how or motivation to donate that way.

Unrelated to the official monero sites someone with the ability to carry through could setup donation sites - with the use of monero of course.

You do have a point but i think it is a bit splitting hairs here.  What will happen imho if we do this is the following:
1) getmonero.org starts this and gets mentioned in many magazines
2) lots and lots of other sites copy the idea (of course one of the donations will be for themselves)
3) monero will be famous and then...
4) we decide to stop the mining 'experiment' because we want to be apolitical, and everyone is doing it already anyway.

 

[opennux]

This is a good idea. getmonero.org could have a page on the site where people can choose to mine for a while for a certain charity.  It would be a really good marketing stunt 

getmonero.org should be setup to do this.

It is an amazing idea.
We could choose also some marketing active charities and inform them about it. It would improve the XMR image.

Also donations to the development fund could be done on this way.

Whilst I appreciate that the concept behind that type of mining and see the potential in micro transactions through this, then it is an entirely bad idea to do any charity-related thing through official monero sites - such as getmonero. Why? Because Monero is apolitical. No matter which charity there will always be some sort of political underpinning.

What COULD be done is to do browser mining where all proceeds went to the monero foundation address instead - one could set it up when idle, and people could choose a cpu% or such. That would make it possible for people without technical know how or motivation to donate that way.

Unrelated to the official monero sites someone with the ability to carry through could setup donation sites - with the use of monero of course.

You do have a point but i think it is a bit splitting hairs here.  What will happen imho if we do this is the following:
1) getmonero.org starts this and gets mentioned in many magazines
2) lots and lots of other sites copy the idea (of course one of the donations will be for themselves)
3) monero will be famous and then...
4) we decide to stop the mining 'experiment' because we want to be apolitical

 

You forgot:
1b) Potential debacle because the charity for purple kittens turns out to be a tax-evasion scheme, and the charity-donation for hungry african kids turns out to be going straight into the pocket of the tribe in power/government who repress the other tribes and use their poor hungry kids to fill their own pockets.
4b) ..and stopping it turned unsuccessful and furthermore energy was spent debating that "my charity is better than your charity". The skies are darkening, can you see the shitstorm coming?

Not splitting hairs at all. That's the kind of thinking that will get you in a ETH short squeeze. Name me one charity that would be a good idea to support officially with monero and I'll do my best to say why it's a bad idea.

[SolarStorm]

Name me one charity that would be a good idea to support officially with monero and I'll do my best to say why it's a bad idea.

wikipedia 

[smooth]

I think if some web mining is added to getmonero.org (i have no view on this nor any particular role in it) the simplest thing to do is to just support the project (donations address) rather than get involved in picking causes or sponsorships. That seems like a big distraction when we already have plenty of work to do just building Monero. Just my personal view. I think we're getting a bit off topic for the thread though.

[Hueristic]

Whilst I appreciate that the concept behind that type of mining and see the potential in micro transactions through this, then it is an entirely bad idea to do any charity-related thing through official monero sites - such as getmonero. Why? Because Monero is apolitical. No matter which charity there will always be some sort of political underpinning.

What COULD be done is to do browser mining where all proceeds went to the monero foundation address instead - one could set it up when idle, and people could choose a cpu% or such. That would make it possible for people without technical know how or motivation to donate that way.

Unrelated to the official monero sites someone with the ability to carry through could setup donation sites - with the use of monero of course.

I believe it should be setup like this (where the mining goes I don't care) only as a template for others to copy. In order to increase XMR's Exposure.

[CK_Zephyrus]

Name me one charity that would be a good idea to support officially with monero and I'll do my best to say why it's a bad idea.

http://softwarefreedom.org/

[garytheasshole]

Name me one charity that would be a good idea to support officially with monero and I'll do my best to say why it's a bad idea.

http://softwarefreedom.org/

I like you, lets be friends.

[Anon136]

No matter which charity there will always be some sort of political underpinning.

While in the strictest possible sense this is technically true. I don't think the conclusions follow. There are charity initiatives that *almost* everyone supports unanimously. The best example I can come up with right now is helping the communities affected by these hurricanes.

[DaveyJones]

No matter which charity there will always be some sort of political underpinning.

While in the strictest possible sense this is technically true. I don't think the conclusions follow. There are charity initiatives that *almost* everyone supports unanimously. The best example I can come up with right now is helping the communities affected by these hurricanes.

Even this could lead to drama, there could be people that say "but in Africa or elsewhere people have to live their whole life with a catastrophic enviroment and other natural disasters" ... don't underestimate humans

[rinus]

Nice donation from articmine on the globee project. Thx man!