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Author Topic: [XMR] Monero Speculation  (Read 3113746 times)
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Febo
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March 13, 2018, 09:49:43 PM
 #37601

Is the PoW change code final, can we start working on pool/miner updates?
i am not sure but It is merged, so it should be final.

Yes of course the POW change is final. Discussion is there for next hardforks. Same as was discussion in past to do a POW change altho many was upset that was so sudden decision.   Binaries to update for everyone are usually out a week before hardfork happen. And usually there are some bugs and we get new few days latter.

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March 13, 2018, 09:59:48 PM
Merited by Globb0 (2)
 #37602

To ASIC or not to ASIC the question is now ...
To give major part of coin emission to a small group of large capital investors or to give a little bit to every one (the people) the question is now ...

ASIC folks, go fork ya'selves  Cool

I think othe makes a good point in the GitHub discussion, re: botnets and hobbyists.

I think another point to consider is whether or not Monero is going to abandon its six month hard fork cycle at some point. It was my impression that over the next year or three the protocol would mature, and the constant hard forks/upgrades would be phased out. If you're planning on forking constantly to try and evade silicon this becomes impossible, and you impose constant upgrades on users, exchanges, services, etc.

Just by doing it once proves that you are willing to do it again and adds a deterrent. AFA in the future, well that can be tackled then, right now we can get free HF with the Updates that are planned anyway.

Changing Algo was always in the future, it has to be.


Embracing ASICs would be a big FUCK YOU to everyone trying to distribute the network.  Seems to have worked well for bitcoin.  If you can't beat 'em, so be it.  But I expect at least an attempt.

I wish the sell side on Polo would make an attempt. Fucking joke.

0.024 incoming it seems.

c'est la vie

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March 13, 2018, 10:37:22 PM
 #37603

To ASIC or not to ASIC the question is now ...
To give major part of coin emission to a small group of large capital investors or to give a little bit to every one (the people) the question is now ...

ASIC folks, go fork ya'selves  Cool

I think othe makes a good point in the GitHub discussion, re: botnets and hobbyists.

I think another point to consider is whether or not Monero is going to abandon its six month hard fork cycle at some point. It was my impression that over the next year or three the protocol would mature, and the constant hard forks/upgrades would be phased out. If you're planning on forking constantly to try and evade silicon this becomes impossible, and you impose constant upgrades on users, exchanges, services, etc.

Just by doing it once proves that you are willing to do it again and adds a deterrent. AFA in the future, well that can be tackled then, right now we can get free HF with the Updates that are planned anyway.

Changing Algo was always in the future, it has to be.


Embracing ASICs would be a big FUCK YOU to everyone trying to distribute the network.  Seems to have worked well for bitcoin.  If you can't beat 'em, so be it.  But I expect at least an attempt.

I wish the sell side on Polo would make an attempt. Fucking joke.

0.024 incoming it seems.

c'est la vie

Maybe I spoke too soon!

https://twitter.com/CNBCFastMoney/status/973679299596292096

Wink
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March 13, 2018, 10:41:25 PM
 #37604


From those comments it appears CNBC crypto class is a bit of a meme. Everyone there is saying, quite contrary to being bullish, it is literally the most bearish thing in the known universe.

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 13, 2018, 10:44:06 PM
 #37605


Changing Algo was always in the future, it has to be.


I like this the best.

We need once and for all to break the link to the scammy CryptoNote

From there forth we forge our own destiny.

That shit dragged us down far too long.

Phil




Higher for the hardcore
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March 13, 2018, 10:49:47 PM
 #37606


Changing Algo was always in the future, it has to be.


I like this the best.

We need once and for all to break the link to the scammy CryptoNote

From there forth we forge our own destiny.

That shit dragged us down far too long.

Phil

Thx Smiley


From those comments it appears CNBC crypto class is a bit of a meme. Everyone there is saying, quite contrary to being bullish, it is literally the most bearish thing in the known universe.

LOL, I was really happy I just got another @ .02715 !
It's tougher on binance to get a lower price i've found.


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March 13, 2018, 11:18:53 PM
 #37607

€200 a piece looks like a good buy to me for Monero Grin Just bought myself a couple more.

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March 14, 2018, 01:20:46 AM
 #37608

I actually like Fluffy's suggestion of a x11 switch until the next HF and then settling on one then.

Well I thought it was funny. Smiley

...as usual I picked the wrong time to buy. Cheesy

/hodl mode on


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Dotto
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March 14, 2018, 11:29:03 AM
 #37609

ASICs are a direct speedway to centralization. Do you want to concentrate a lot of XMR essence/power into the hands  of a Jihan Wu kind of guy?. Nothing good can come from that. Let´s keep the proyect open and distrubuted, even if in hands of botnets
aminorex
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March 14, 2018, 12:25:13 PM
 #37610

Once you go ASIC positive you can't go back. I consider the advent of BCH a negative. My impression is that the market nearly flipped, and that in large part due to the centralizing influence of ASICs.  It is not a future I would want for Monero.

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 14, 2018, 12:33:06 PM
 #37611

Once you go ASIC positive you can't go back. I consider the advent of BCH a negative. My impression is that the market nearly flipped, and that in large part due to the centralizing influence of ASICs.  It is not a future I would want for Monero.


This market has me nervy.

What's you medium term outlook frnd?
cAPSLOCK
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March 14, 2018, 12:34:22 PM
 #37612

ASICs are a direct speedway to centralization. Do you want to concentrate a lot of XMR essence/power into the hands  of a Jihan Wu kind of guy?. Nothing good can come from that. Let´s keep the proyect open and distrubuted, even if in hands of botnets
Depending on the algorithm we might be handing that power to literally Jihan Wu himself.  I imagine SHA256 would be a contender.

Removing CPU friendliness also would kill browser mining, which unlike botnets, has some positive, in the light sorts of applications.  Like salon.com

I remain sold on being ASIC resistant.  But this is a good conversation.
johnalan
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March 14, 2018, 01:01:18 PM
 #37613

ASICs are a direct speedway to centralization. Do you want to concentrate a lot of XMR essence/power into the hands  of a Jihan Wu kind of guy?. Nothing good can come from that. Let´s keep the proyect open and distrubuted, even if in hands of botnets
Depending on the algorithm we might be handing that power to literally Jihan Wu himself.  I imagine SHA256 would be a contender.

Removing CPU friendliness also would kill browser mining, which unlike botnets, has some positive, in the light sorts of applications.  Like salon.com

I remain sold on being ASIC resistant.  But this is a good conversation.

I agree with you.
Any thought's on the market?
Nathan047
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March 14, 2018, 02:05:18 PM
 #37614

We need once and for all to break the link to the scammy CryptoNote [...]
Wasn't the tie broken when Bitmonero became Monero? I thought that was all long behind it and no longer an issue.

garytheasshole
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March 14, 2018, 02:06:25 PM
 #37615

We need once and for all to break the link to the scammy CryptoNote [...]
Wasn't the tie broken when Bitmonero became Monero? I thought that was all long behind it and no longer an issue.

Kept the pow though.

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March 14, 2018, 03:27:53 PM
 #37616



I agree with you.
Any thought's on the market?

I am a terrible speculator.  I should probably not even post in this thread. Wink

I think XMR is suffering from a set of circumstances.

1.  Last winter's crypto explosion, and current correction.  Looks to me like Bitcoin is trying to decide if it is going to continue the bear or get back on the rocket.  Looks to me like it is continuing the bear.  This has a HUGE impact on all of crypto including XMR.
2.  The forkcoin.  This created some sort of "artificial" volume and hype moving us into the 30s and now that is gone.

This combination looks short term bearish for XMR to me.

I remain long term bullish on this project, and it's value.
Anon136
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March 14, 2018, 03:35:05 PM
 #37617



I agree with you.
Any thought's on the market?

I am a terrible speculator.  I should probably not even post in this thread. Wink

I think XMR is suffering from a set of circumstances.

1.  Last winter's crypto explosion, and current correction.  Looks to me like Bitcoin is trying to decide if it is going to continue the bear or get back on the rocket.  Looks to me like it is continuing the bear.  This has a HUGE impact on all of crypto including XMR.
2.  The forkcoin.  This created some sort of "artificial" volume and hype moving us into the 30s and now that is gone.

This combination looks short term bearish for XMR to me.

I remain long term bullish on this project, and it's value.

Keep crashing monero. I actually have dry powder for once!

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 14, 2018, 03:36:07 PM
 #37618



I agree with you.
Any thought's on the market?

I am a terrible speculator.  I should probably not even post in this thread. Wink

I think XMR is suffering from a set of circumstances.

1.  Last winter's crypto explosion, and current correction.  Looks to me like Bitcoin is trying to decide if it is going to continue the bear or get back on the rocket.  Looks to me like it is continuing the bear.  This has a HUGE impact on all of crypto including XMR.
2.  The forkcoin.  This created some sort of "artificial" volume and hype moving us into the 30s and now that is gone.

This combination looks short term bearish for XMR to me.

I remain long term bullish on this project, and it's value.
AKA accumulation phase ;-)

Shnikes101
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March 14, 2018, 04:01:28 PM
 #37619



I agree with you.
Any thought's on the market?

I am a terrible speculator.  I should probably not even post in this thread. Wink

I think XMR is suffering from a set of circumstances.

1.  Last winter's crypto explosion, and current correction.  Looks to me like Bitcoin is trying to decide if it is going to continue the bear or get back on the rocket.  Looks to me like it is continuing the bear.  This has a HUGE impact on all of crypto including XMR.
2.  The forkcoin.  This created some sort of "artificial" volume and hype moving us into the 30s and now that is gone.

This combination looks short term bearish for XMR to me.

I remain long term bullish on this project, and it's value.

Keep crashing monero. I actually have dry powder for once!

No kidding! Slowly adding to coffers at 0.0265
Globb0
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March 14, 2018, 04:18:26 PM
 #37620

as usual failed the having the balls test to flip anything out at a top. Hold, on.

Smiley


Higher for the hardcore
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