[XMR] Monero Speculation

[Shnikes101]

I'm a permabull, but starting to feel like an ATH again this year is unlikely. (in BTC or fiat terms).

Painful market right now...

i have the exact same feeling. Long time HODLer and i wanted to sell some at 1000 usd , i dont know if i should be realistic and sell some at a lower usd rate
or just wait . But i dont have the feeling we will go higher then 500. I expect a lot of Bulletproofs ... thats just huge , but with the comming hardfork and ledger
integration, the price does not really move up ...

It is hard to predict what will happen with price half year from now. Can be new ATH or not.

Bulletproofs will not do much on short term, their main impact will be to slow down increasing of the blockchain size. So they will have impact in years to come.

Updates in this upgrade are huge. Most important is probably multisig support.

Some highlights of this major release are:

Great list! Very excited for this upgrade.

Also, very excited to see what happens to network hashrate 

[guesswho1234]

man its really sad when you miss your 0.023 long that close 

so where are we heading bois? anyone shorting?

[Hueristic]

An Empirical Analysis of Traceability in the Monero Blockchain

https://arxiv.org/pdf/1704.04299/

very elaborate, like the search for the planet x that is supposed to be by its gravitational trail, but nobody has found it.

Recommendations and Responses

The following are the recommendations listed in the paper and responses to them:

    The mixing sampling distribution should be modified to closer match the real distribution. We agree with this recommendation. The discussion covering the possible ways to do this, along with all associated research, can be seen on GitHub . As the paper acknowledges, we made a temporary improvement to the selection algorithm to choose more recent inputs (instead of pure random selection) in December 2016. Further improvements are required, and they are planned to be ready before or at the September 2017 hardfork date. As the paper notes, this change is not consensus-critical. It can be done the day after completion without a hardfork.

    The Monero community should engage in further data-backed analysis of privacy claims. We agree with this recommendation. Data-backed claims are an excellent way to improve the Monero privacy and security features. As stated in the paper, the threats discussed in the paper were discussed in the community previously. Unlike the paper claims, these discussions were not "informal"; instead, they were published in our MRL-0004 research paper in January 2015. Nevertheless, several of these attack vectors explained in the Decentralized Systems Lab paper are quantified for the first time.

    Monero users should be warned that their prior transactions are likely vulnerable to linking analysis. We mostly disagree with this recommendation. The vulnerabilities of 0-mixin transactions were well-documented and continuously shared with the Monero community while they were still allowed. The first research paper shared in the Monero community (MRL-0001) was published in September 2014. Furthermore, most of Monero's community growth occurred after these 0-mixin transactions were prohibited across the network.

man its really sad when you miss your 0.023 long that close  

so where are we heading bois? anyone shorting?

I'm still longing from last week @.0244.

My close is @.0275

No real coins in the green v/s btc today but monero.

Market is getting thrashed again.

[BigProfitDEV]

MONERO it's time to rest

[rinus]

MONERO it's time to rest

Lol, u dont Get tired from spreading nonsense

[johnalan]

Bitcoin it's time to rest

FTFY

[explorer]

So does someone know when will we be able to store our XMR in the Ledger Nano S?

As soon as we figure out how to get it off the blockchain 

[Hueristic]

So does someone know when will we be able to store our XMR in the Ledger Nano S?

Soon^TM

[phishead]

Hooray!!! Coins for sale!

(in USD that is...)

[Hueristic]

Hooray!!! Coins for sale!

(in USD that is...)

Damn blood in the streets tonight. Shit, sorry I even looked.

[Shnikes101]

Hooray!!! Coins for sale!

(in USD that is...)

Damn blood in the streets tonight. Shit, sorry I even looked.

No kidding. XMR/BTC is holding decently strong.

[cAPSLOCK]

Hooray!!! Coins for sale!

(in USD that is...)

Damn blood in the streets tonight. Shit, sorry I even looked.

I know. It's damn painful.  I wish I was good at trading. Fortunes to be made here.  But I can only sit and watch my little pile shrink away.

[meincagadero]

I'm sad because I needed to sell a huge part of my Monero to buy a car, but in other way I couldn't afford a brand new car at this moment.

HODLing the rest of Moneros as if they were gold Monero

lol why buy a new car whit monero right now? It will be 1k until summer

In the end it wasn't a bad move, soon I'll be able to rebuy all that was spent 

[explorer]

I'm sad because I needed to sell a huge part of my Monero to buy a car, but in other way I couldn't afford a brand new car at this moment.

HODLing the rest of Moneros as if they were gold Monero

lol why buy a new car whit monero right now? It will be 1k until summer

In the end it wasn't a bad move, soon I'll be able to rebuy all that was spent 

If you actually do it, good for you.  If not, SMH.  New cars are over rated.  Nearly free new cars however, are pretty fuckin cool

[dEBRUYNE]

"Broken Privacy? The Allegations Against Monero Are Old News"

https://www.coindesk.com/broken-privacy-the-allegations-against-monero-are-old-news/

[Hueristic]

Sumbitch I just got my BTC confirmed and before I could buy big green candle. Shit!

[tokeweed]

"Broken Privacy? The Allegations Against Monero Are Old News"

https://www.coindesk.com/broken-privacy-the-allegations-against-monero-are-old-news/

Knew it.  MoneroV, Asics, that FUD...  You just know something's going on behind all that.  I can imagine that Bitmain Chinese guy pulling all the strings, licking his chops and thinking about how much he'll make if his plans fall into place.

[Anon136]

Sumbitch I just got my BTC confirmed and before I could buy big green candle. Shit!

There is a very good chance, probably better than not, that being forced to wait will end up being a blessing.

[ArticMine]

Hooray!!! Coins for sale!

(in USD that is...)

Damn blood in the streets tonight. Shit, sorry I even looked.

I know. It's damn painful.  I wish I was good at trading. Fortunes to be made here.  But I can only sit and watch my little pile shrink away.

You mean watching Monero crash from ~5.00 USD to below ~0.30 USD back in 2014, Yes it was painful. The main difference I see today is that the fundamentals are a lot stronger in 2018 than they were back in 2014.

[Anon136]

Hooray!!! Coins for sale!

(in USD that is...)

Damn blood in the streets tonight. Shit, sorry I even looked.

I know. It's damn painful.  I wish I was good at trading. Fortunes to be made here.  But I can only sit and watch my little pile shrink away.

I mean, idk if it's that people are "good at trading". I think the big secret is that trading isn't hard. Like as far as in an intelligence test sort of way. Someone with an IQ of 90 can probably identify a trend and see when people are getting overly greedy at the top and when people are being overly dramatic at the bottom. And that's all you really have to be able to do from a technical standpoint.

You don't need to be able to nail the bottom or the top. Say you bought your bitcoin at 1000 and sold at 10,000. It doesn't matter that it later went to 20,000. The fact that you didn't hold out for 20,000 is no condemnation. You made 10 times your money. That's really damn good! Then say you buy back in at 5000 and it goes to 2,000. It doesn't matter that it later went to 2,000. You just doubled your bitcoins! That's really damn good. And how hard would have been to hit those targets in that scenario? Would that fellow have been a genius? I think not. A genius would have threaded the needed on the top and bottom or something. Look at how much room our guy had to find success with out being the sort of genius necessary to hit the tops and bottoms perfectly.

I think it's just our emotions that screw us over. How ridiculous is it to judge ourselves based on the fact that if we were omniscient beings we could have made more money than we did. But that's what almost everyone does! At some level our strategies tend to be informed by that mindset. I'm not the first one to point this out, but perfect is the enemy of good. I think all anyone with an IQ above 90 has to to do to be successful is learn how to "turn off" their emotions. Like all of them. Go full psychopath when you log onto an exchange. If you feel like you are feeling any feelings at all, stop, logoff, and figure out how to get them under control before you log back on. And when you make money, any amount of money, feel good about yourself, you deserve it. Don't hold yourself to some sort of self destructive standard and expectation. I think that when you let go of that mindset you may find the sort of success that you were actually looking for when you had that mindset, or at least much closer to it than you would have had with it.

Well anyway. ./rantoff