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Author Topic: [XMR] Monero Speculation  (Read 3205331 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 2 users deleted.)
Anon136
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March 08, 2018, 04:08:21 PM
 #37261

You all know I'm usually bullish af.

That said, who feels this poxy 165K BTC left in the care of the trustee is basically securing a bear till mid-late 2019?

Maybe this fuckening of BTC is a reason the market might finally move to slowly decouple quality projects like Monero from it.

I don't know. Not feeling stronk anymore.

It has been suggested that now that this story has broken he will probably be pressured to sell otc and also contacted by people who wish to buy otc. However even if this is the case the effect on sentiment may be more important than the actual selling or lack there of.

Why wouldn't they auction them off like the Fed did, that didn't effect the market that I know of?

Well now that's a good question isn't it. Presumably because hes just some government bureaucrat who doesn't give a fuck about anything. And an auction like that would fall under the umbrella of what I meant by "otc" in my previous post so hopefully they will do something like that going forward.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
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Hueristic
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March 08, 2018, 04:10:48 PM
 #37262

You all know I'm usually bullish af.

That said, who feels this poxy 165K BTC left in the care of the trustee is basically securing a bear till mid-late 2019?

Maybe this fuckening of BTC is a reason the market might finally move to slowly decouple quality projects like Monero from it.

I don't know. Not feeling stronk anymore.

It has been suggested that now that this story has broken he will probably be pressured to sell otc and also contacted by people who wish to buy otc. However even if this is the case the effect on sentiment may be more important than the actual selling or lack there of.

Why wouldn't they auction them off like the Fed did, that didn't effect the market that I know of?

Well now that's a good question isn't it. Presumably because hes just some government bureaucrat who doesn't give a fuck about anything. And an auction like that would fall under the umbrella of what I meant by "otc" in my previous post so hopefully they will do something like that going forward.

Yeah doing it complete transparently would be best for the coin which should be his goal if he is trying to get investors back the most he can. Actually with the price rise and the forks they may get quite a bit of profit!

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March 08, 2018, 11:39:25 PM
 #37263

Looks like we have bottomed out.

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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March 09, 2018, 12:44:15 AM
 #37264

Cointelegraph does price analysis of top ten cryptos of coinmarketcap, excluding #9 which is Monero.

https://cointelegraph.com/news/bitcoin-ethereum-bitcoin-cash-ripple-stellar-litecoin-cardano-neo-eos-price-analysis-march-06

Must be an accident.  Yea.

i mean look who gives data to them "The market data is provided by the HitBTC exchange." ... tells the story... also i don't think they changed from the past when they were bytecoin supporters
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March 09, 2018, 12:57:38 AM
 #37265

Looks like we have bottomed out.
. Monero? Bitcoin? or Both?
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March 09, 2018, 02:30:29 AM
 #37266

Looks like we have bottomed out.
. Monero? Bitcoin? or Both?
Neither...

0.0289 just filled.  Let's see how much more we are offered  Wink
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March 09, 2018, 02:54:49 AM
 #37267

Looks like we have bottomed out.
. Monero? Bitcoin? or Both?
Neither...

0.0289 just filled.  Let's see how much more we are offered  Wink
As a general non trader this is the moment I always face the strongest desire to sell every bit of crypto I have. :/
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March 09, 2018, 02:56:26 AM
 #37268

Wow. I'm not used to seeing Monero fall more than everyone else. This is depressing. I can handle a downturn but why would our awesome project be the worst of the bunch? Jesus, dark coin is going to over take us if this continues.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If 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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March 09, 2018, 03:02:27 AM
Merited by Anon136 (1)
 #37269

Wow. I'm not used to seeing Monero fall more than everyone else. This is depressing. I can handle a downturn but why would our awesome project be the worst of the bunch? Jesus, dark coin is going to over take us if this continues.
At least some of it was the forkcoin play.  Recently it was announced that the launch would be postponed.
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March 09, 2018, 03:23:37 AM
Last edit: March 09, 2018, 12:57:53 PM by Anon136
 #37270

Wow. I'm not used to seeing Monero fall more than everyone else. This is depressing. I can handle a downturn but why would our awesome project be the worst of the bunch? Jesus, dark coin is going to over take us if this continues.
At least some of it was the forkcoin play.  Recently it was announced that the launch would be postponed.

Quote
Exchanges and custodian services need more time to implement the MoneroV technology for them to support the fork and credit XMR holders with XMV. We are in the process of helping leading exchanges (from the top five Monero trading platforms) to list MoneroV. These services require additional time for implementation and we are positive that postponing the hard-fork date so that more users will be credited with their XMV outweighs the drawbacks.
Monero’s own software update that will occur in March is causing confusion with the initial hard-fork date. This is a common complaint we hear from both the Monero community and our own. Postponing the hard-fork snapshot date will help both Blockchains.
Mining pools are asking for more time to implement MoneroV. We want to help these pools to prepare for the hard-fork split so that MoneroV will be more stable and robust.
Many users have difficulty storing their XMR locally using the Monero GUI wallet due to its large blockchain size. Postponing the hard-fork date will help more users to prepare and be able to claim their XMV’s.
Overall, taking into consideration these reasons, and although MoneroV’s codebase is fully functional, we are positive that it would be best to postpone the snapshot date.

Here is what I think of all of those "reasons".



*edit* I love this gif so much. It's so funny. I could watch it all day.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If 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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March 09, 2018, 05:39:22 AM
 #37271

Having both our team and community grow rapidly, the past few months has positioned the MoneroV project and the upcoming hard-fork as a highly anticipated event. With both great support and enthusiasm, we are dedicated to realizing the vision of a truly decentralized, finite currency to serve the community for years to come.

Due to the growing demand and increasing expectations from users, trading platforms, and large mining pools, we have decided that the Snapshot date will be postponed to ~30th of April block 1564965 
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March 09, 2018, 05:53:44 AM
 #37272

finite currency to serve the community for years to come.
See gif above.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If 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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March 09, 2018, 06:43:31 AM
Merited by Anon136 (1)
 #37273

Wow. I'm not used to seeing Monero fall more than everyone else. This is depressing. I can handle a downturn but why would our awesome project be the worst of the bunch? Jesus, dark coin is going to over take us if this continues.

Only because the pump was because of MoneroV airdrop, now it's postponed all the cash that flowed in is flowing out.

As much as people in this thread said it was about the "tech" more than the airdrop predictably they were very wrong.

Hardly anyone cares about the tech in crypto, that's why this market doesn't make sense to anybody
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March 09, 2018, 07:48:19 AM
 #37274

this coin has a guaranteed use in the future because of it privacy feature. Anonymity will be a demand soon. Now we will see what is going to happen with Monero after fork. Maybe we will see Monero V, but how knows. rising steadily from 2015 and let's hope this trend can continue.
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March 09, 2018, 11:01:21 AM
Last edit: March 09, 2018, 01:01:46 PM by Anon136
Merited by Globb0 (2), cAPSLOCK (1), phishead (1)
 #37275

I'm going to X-post this over here too from the main thread because I think hope it is important.

Holy crap you guys. Eureka! I figured it out! Not just a stop gap measure to address the fork ring sig reuse problem. The actual solution! I was just laying in bed trying to fall asleep and it hit me like a tire iron to the face.

It is possable to deterministically derive ring sig partners but in a way that would be functionally random to any outside observer. I'll give an example of one way of doing it. Take

Code:
sha256([your private key] [transaction hash of most recent input]) mod [number of prospective ring signature partners]

Then make all of the prospective ring signature partners into an ordered numbered set and use the resulting modulus from the pseudo code above to select one. Continue wrapping around the clock face as many times as needed to arrive at the number of ring signature partners desired.

There would be 0 information leak from the outside, the ring signature partners would be functionally random to any outside observer BUT, and here is the beautiful thing, the same ring signature partners would end up being selected on both the main chain AND the fork chain!

Of course what I outlined above almost certainly isn't the best way to achieve this. It was just to outline the concept.


Merits! I deserve all of the merits. Bequeath unto me thine merits! (well, after peer review, and not just if my specific idea is right but if I'm barking up close enough to the right tree to inspire someone smarter than me)

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If 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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March 09, 2018, 12:25:34 PM
 #37276

I'm going to X-post this over here too from the main thread because I think hope it is important.

Holy crap you guys. Eurika! I figured it out! Not just a stop gap measure to address the fork ring sig reuse problem. The actual solution! I was just laying in bed trying to fall asleep and it hit me like a tire iron to the face.

It is possable to deterministically derive ring sig partners but in a way that would be functionally random to any outside observer. I'll give an example of one way of doing it. Take

Code:
sha256([your private key] [transaction hash of most recent input]) mod [number of prospective ring signature partners]

Then make all of the prospective ring signature partners into an ordered numbered set and use the resulting modulous from the pseudo code above to select one. Continue wrapping around the clock face as many times as needed to arrive at the number of ring signature partners desired.

There would be 0 information leak from the outside, the ring signature partners would be functionally random to any outside observer BUT, and here is the beautiful thing, the same ring signature partners would end up being selected on both the main chain AND the fork chain!

Of course what I outlined above almost certainly isn't the best way to achieve this. It was just to outline the concept.


Merits! I deserve all of the merits. Bequeath unto me thine merits! (well, after peer review, and not just if my specific idea is right but if I'm barking up close enough to the right tree to inspire someone smarter than me)

You will get some from me if it passes review - if so well done!  In fact, well done anyway - I couldn't hope to even approach the issue.

我想要火箭和火车
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March 09, 2018, 03:16:04 PM
Merited by Anon136 (1)
 #37277

I'm going to X-post this over here too from the main thread because I think hope it is important.

Holy crap you guys. Eureka! I figured it out! Not just a stop gap measure to address the fork ring sig reuse problem. The actual solution! I was just laying in bed trying to fall asleep and it hit me like a tire iron to the face.

It is possable to deterministically derive ring sig partners but in a way that would be functionally random to any outside observer. I'll give an example of one way of doing it. Take

Code:
sha256([your private key] [transaction hash of most recent input]) mod [number of prospective ring signature partners]

Then make all of the prospective ring signature partners into an ordered numbered set and use the resulting modulus from the pseudo code above to select one. Continue wrapping around the clock face as many times as needed to arrive at the number of ring signature partners desired.

There would be 0 information leak from the outside, the ring signature partners would be functionally random to any outside observer BUT, and here is the beautiful thing, the same ring signature partners would end up being selected on both the main chain AND the fork chain!

Of course what I outlined above almost certainly isn't the best way to achieve this. It was just to outline the concept.


Merits! I deserve all of the merits. Bequeath unto me thine merits! (well, after peer review, and not just if my specific idea is right but if I'm barking up close enough to the right tree to inspire someone smarter than me)

To the average lurker who doesn't understand all the ins and outs of how you could pair up the same ring sigs, it sounds crazy enough to work.  I bequeath you 1 merit, and 1 more if it actually works.  Hopefully enough merits will help you sleep better at night.



Wow. I'm not used to seeing Monero fall more than everyone else. This is depressing. I can handle a downturn but why would our awesome project be the worst of the bunch? Jesus, dark coin is going to over take us if this continues.

Does it affect Monero's functionality?  If not then...




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Monero
XMR Open Alias: phishead@xmr.id
"I just opened a 2004 barolo in your and all the devs honour"  eyejay:  Decemeber 22nd, 2016
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March 09, 2018, 04:55:08 PM
 #37278

I'm going to X-post this over here too from the main thread because I think hope it is important.

Holy crap you guys. Eureka! I figured it out! Not just a stop gap measure to address the fork ring sig reuse problem. The actual solution! I was just laying in bed trying to fall asleep and it hit me like a tire iron to the face.

It is possable to deterministically derive ring sig partners but in a way that would be functionally random to any outside observer. I'll give an example of one way of doing it. Take

Code:
sha256([your private key] [transaction hash of most recent input]) mod [number of prospective ring signature partners]

Then make all of the prospective ring signature partners into an ordered numbered set and use the resulting modulus from the pseudo code above to select one. Continue wrapping around the clock face as many times as needed to arrive at the number of ring signature partners desired.

There would be 0 information leak from the outside, the ring signature partners would be functionally random to any outside observer BUT, and here is the beautiful thing, the same ring signature partners would end up being selected on both the main chain AND the fork chain!

Of course what I outlined above almost certainly isn't the best way to achieve this. It was just to outline the concept.


Merits! I deserve all of the merits. Bequeath unto me thine merits! (well, after peer review, and not just if my specific idea is right but if I'm barking up close enough to the right tree to inspire someone smarter than me)

To the average lurker who doesn't understand all the ins and outs of how you could pair up the same ring sigs, it sounds crazy enough to work.  I bequeath you 1 merit, and 1 more if it actually works.  Hopefully enough merits will help you sleep better at night.

I had some more time to think about it. It does have one flaw that I have thought of so far.

There is no way for an outside observer to verify that this method of ring sig partner selection had been used. So someone could run their own custom modified software that selected ring signature partners truely randomly their transactions would still be accepted by the network (though I don't know who would do that or why). Or if a fork chain was purposely malicious they could always delete this little bit of code roll that part of the software back to the way it is now. However if they did change that bit of code their motives would immediately become highly suspect, if not beyond reasonable doubt level incriminating, and this would severely damage if not ruin the reputation of their project (one hopes Roll Eyes).

Also I think the current ring sig partner selection weights newer transactions. So talking about random all the time like I was I don't think is technically completely accurate. But it helped to simplify the point I was trying to make and I think it was ok because a very similar weighting could be incorporated into the scheme I laid out with only minor modifications.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If 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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March 11, 2018, 12:14:12 AM
 #37279

monero is life
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March 11, 2018, 05:43:36 AM
 #37280

monero is life

a very important project
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