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Author Topic: [XMR] Monero Speculation  (Read 3313044 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (2 posts by 1+ user deleted.)
Epimetheus
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January 29, 2018, 11:01:27 AM
 #36281

I think that monero is one of the better projects available in the market right now and i see alot of potential in monero. It is the world's first privacy coin whose transactions are 100 percent secure and untraceable. It has one of the strongest development teams which is very capable and promising. It is gaining popularity and if it continues to grow at the same rate, you can easily expect it's price to be above 1000$ by end of this year for sure.
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January 29, 2018, 11:16:02 AM
 #36282

Doesn't sound like Bullet Proofs are coming in the next hardfork, having to wait until what.. September? Basically a life time in crypto.

With how much transaction sizes and fees being the hot topic in crypto currencys this is pretty big blow to Monero in what was looking to be a pretty positive Q1-Q2 for it.

I don't suppose there is any law which stops us having a release if we needed it.

We have never been a coin to release half finished shit and go for the marketing over substance.

when it is well tested and ready it can be baked in.


There are other places to look if you want pumps.
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January 29, 2018, 02:34:31 PM
 #36283

Monero is in the news again for illegal mining by hackers:

https://betanews.com/2018/01/28/monero-mining-youtube-ads/

Quote
The clandestine mining of cryptocurrency is something that we have seen in various forms over the last year or so, in website code and Android apps. A new discovery by security firm Trend Micro shows that hackers have found a way to inject Coinhive mining code into ads that appear on YouTube.

The crypto-jacking technique means that hackers have been able to profit by using other people's CPU time to mine the Monero cryptocurrency while they watch videos. Trend Micro reports that there has been a huge increase in Coinhive web miner detections in recent days, with hackers abusing Google's DoubleClick to distribute the code through big sites including YouTube.

Trend Micro says that over the last week there has been a threefold increase in the JS_COINHIVE.GN Coinhive miner. The company says that "advertisements found on high-traffic sites not only used Coinhive [...] but also a separate web miner that connects to a private pool," and explains that it shared its finding with Google.

Writing about its finding in a blog post, Trend Micro explains:

    We detected an almost 285 percent increase in the number of Coinhive miners on January 24. We started seeing an increase in traffic to five malicious domains on January 18. After closely examining the network traffic, we discovered that the traffic came from DoubleClick advertisements.

    An analysis of the malvertisement-riddled pages revealed two different web miner scripts embedded and a script that displays the advertisement from DoubleClick. The affected webpage will show the legitimate advertisement while the two web miners covertly perform their task. We speculate that the attackers' use of these advertisements on legitimate websites is a ploy to target a larger number of users, in comparison to only that of compromised devices. The traffic involving the abovementioned cryptocurrency miners has since decreased after January 24.

The impact of the crypto-miners was far from insignificant -- they had been configured to use 80 percent of CPU resources for mining purposes. By using an obfuscated private miner, the hackers were also able to bypass Coinhive's commission fee.


 
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Gaben.
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January 29, 2018, 02:43:23 PM
 #36284

Browser mining inside ads?

Who coulda seen that coming :p
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January 29, 2018, 04:12:59 PM
 #36285

Doesn't sound like Bullet Proofs are coming in the next hardfork, having to wait until what.. September? Basically a life time in crypto.

With how much transaction sizes and fees being the hot topic in crypto currencys this is pretty big blow to Monero in what was looking to be a pretty positive Q1-Q2 for it.

Half year ago no one even know bulletproofs exist. It was just speed and good organization of research lab and Monero developers that was possible to add (not full version) of bulletproofs in March hardfork. Reason why it was not added was academical review. Something that most of other coins dont even bother doing it. Now bulletproof will be added without any pressure since will be plenty of time to do them perfectly.  Also March hardfork will be done with less pressure and on time what is important for developers that build infrastructure around Monero (like Ledher HW).

Monero transactions are not small, but by itself that is not a problem. They add to blockhain size. Yes that is not good, but in half year time blockchain size will not have a huge change because of no bulletproofs. Fees are currently not a problem. They would be if price suddenly goes up by 10 or more.  There are talks to try to reduce fees in March a bit.

One of good news of last devs meeting was that updated white paper will be available next month. I could be wrong but I think Monero actually never had one. It always related to the cryptonote white paper.  And white papers are definitely in lately with all craze about ICOs. As many pages of whitepaper you have that many millions you will gather. Tongue
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January 29, 2018, 05:13:30 PM
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 #36286

Doesn't sound like Bullet Proofs are coming in the next hardfork, having to wait until what.. September? Basically a life time in crypto.

With how much transaction sizes and fees being the hot topic in crypto currencys this is pretty big blow to Monero in what was looking to be a pretty positive Q1-Q2 for it.

Half year ago no one even know bulletproofs exist. It was just speed and good organization of research lab and Monero developers that was possible to add (not full version) of bulletproofs in March hardfork. Reason why it was not added was academical review. Something that most of other coins dont even bother doing it. Now bulletproof will be added without any pressure since will be plenty of time to do them perfectly.  Also March hardfork will be done with less pressure and on time what is important for developers that build infrastructure around Monero (like Ledher HW).

Monero transactions are not small, but by itself that is not a problem. They add to blockhain size. Yes that is not good, but in half year time blockchain size will not have a huge change because of no bulletproofs. Fees are currently not a problem. They would be if price suddenly goes up by 10 or more.  There are talks to try to reduce fees in March a bit.

One of good news of last devs meeting was that updated white paper will be available next month. I could be wrong but I think Monero actually never had one. It always related to the cryptonote white paper.  And white papers are definitely in lately with all craze about ICOs. As many pages of whitepaper you have that many millions you will gather. Tongue

Who needs White Papers when you have the Monero Research Labs

 Grin
Operationen
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January 29, 2018, 07:10:14 PM
 #36287

I think that monero is one of the better projects available in the market right now and i see alot of potential in monero. It is the world's first privacy coin whose transactions are 100 percent secure and untraceable. It has one of the strongest development teams which is very capable and promising. It is gaining popularity and if it continues to grow at the same rate, you can easily expect it's price to be above 1000$ by end of this year for sure.

The market needs more attention to drive monero's price up to $1000 this year. We didn't see thid much demand yet. The market is like very stable now.
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January 29, 2018, 08:49:54 PM
 #36288

Some cloud mining sites are doing XMR mining. I think XMR is a robust project. I have 10 projects on the crypto market, so I include XMR. It may arrive at the end of 2018 at the level of $ 1000.
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January 29, 2018, 09:23:04 PM
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 #36289

Seems Dream market successfully added Monero.  https://www.reddit.com/r/Dream_Market/comments/7tnlcq/monero_xmr_now_functional_on_dream_market/
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January 30, 2018, 12:01:12 AM
 #36290


Boom!

+M



Also this

Quote
works like a charm! This is what needed to be done


WSHUM


Tonight is the night that SHUM becomes WUM.  Even better than the spice girls version.
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January 30, 2018, 12:15:23 AM
 #36291


But looking at the zero effect on price, either nobody knows about this or nobody cares, or both.   Undecided
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January 30, 2018, 12:32:32 AM
Merited by bitebits (1)
 #36292


But looking at the zero effect on price, either nobody knows about this or nobody cares, or both.   Undecided

No, there is an important price effect: The fundamentals of demand are rising, and hence the elastic support floor is stiffening and rising.  When it intersects the clearing price, that is when price will rise as a result. If your vision only extends to the end of your nose, I think that qualifies as being effectively blind.

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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January 30, 2018, 12:33:37 AM
 #36293


But looking at the zero effect on price, either nobody knows about this or nobody cares, or both.   Undecided

So you're saying the operators didn't pump it to the moon beforehand?  Dirty bastards.
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January 30, 2018, 12:47:07 AM
 #36294

So many positive developments with Monero that it's only a matter of time before the price rises substantially.
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January 30, 2018, 04:49:43 AM
 #36295

Oog.  Yucky.

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January 30, 2018, 05:12:16 AM
 #36296

Towards end of 2016 and early 2017, Monero was the quickest jump interm price. Is since becoming on the second row after BTC, LTC, DASH pump. This year we saw it;s ,ovement in sync with other privacy cryptos such as Zcash, PXVG, XVG. $1,000 certainly possible in 2018. I see it happen even before June, but it is also possible to drop back to the current level there after. I loved to see XMR back in top 10 again. Wink
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January 30, 2018, 06:29:29 AM
 #36297

http://www.telegraph.co.uk/news/2018/01/28/britains-first-bitcoin-heist-trader-forced-gunpoint-transfer/

Benefits of a Transparent Ledger.
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January 30, 2018, 06:36:39 AM
 #36298


And a state where self defense is a crime...
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January 30, 2018, 06:46:56 AM
 #36299


Quote
https://www.express.co.uk/news/uk/911723/Bitcoin-cryptocurrency-value-price-theft-Moulsford-Thames-Valley-Police-Danny-Aston

The four thieves dressed in tracksuits and balaclavas also wielded what appeared to be a gun — they are understood to have hit Mr Aston over the head.

Mr Aston was demanded to transfer a stream of funds to an account named by the four men.

He reportedly pretended to have completed the transaction - police confirmed later that no money was moved or stolen from the cryptocurrency trader.

Not the brightest of thieves though.
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January 30, 2018, 08:23:49 AM
 #36300

Monero had very huge potential as like a Ethereum.Now the price of Monero is raised to 300$,soon it will reaches 1000$.Monero occupied the place of litecoin now.Now the value of litecoin reduce to 187$ and the Monero value reached 300$ which shows Monero replace the litecoin place now.
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