[XMR] Monero Speculation

[generalizethis]

If they work as per theory, zk-snarks offer a larger anonymity set.  Only time will tell if defects of design or implementation, or of covert intent, demolish this merit.

Well as an investor, I'm not hodling anything that has no way to audit the supply--a value overflow incident with zcash would be a death knell to your savings and you wouldn't even know it until someone started dumping their magically fun bucks on exchanges.

[mambamanagement]

how much lower do you think it will go?
are we running out of hopium?

[gembitz]

If they work as per theory, zk-snarks offer a larger anonymity set.  Only time will tell if defects of design or implementation, or of covert intent, demolish this merit.

Well as an investor, I'm not hodling anything that has no way to audit the supply--a value overflow incident with zcash would be a death knell to your savings and you wouldn't even know it until someone started dumping their magically fun bucks on exchanges.

XMR rich list for sale weeeee

[Hueristic]

If they work as per theory, zk-snarks offer a larger anonymity set.  Only time will tell if defects of design or implementation, or of covert intent, demolish this merit.

Well as an investor, I'm not hodling anything that has no way to audit the supply--a value overflow incident with zcash would be a death knell to your savings and you wouldn't even know it until someone started dumping their magically fun bucks on exchanges.

XMR rich list for sale weeeee

C'mon man. Really? I'll escrow.

https://moneroblocks.info/richlist
https://bitinfocharts.com/top-100-richest-monero-addresses.html

[gembitz]

If they work as per theory, zk-snarks offer a larger anonymity set.  Only time will tell if defects of design or implementation, or of covert intent, demolish this merit.

Well as an investor, I'm not hodling anything that has no way to audit the supply--a value overflow incident with zcash would be a death knell to your savings and you wouldn't even know it until someone started dumping their magically fun bucks on exchanges.

XMR rich list for sale weeeee

C'mon man. Really? I'll escrow.

https://moneroblocks.info/richlist
https://bitinfocharts.com/top-100-richest-monero-addresses.html

escrow? lol ...bitcoins' inherit "web-of-trust" characteristics ~ needs no escrow ( read satoshi whitepaper ) weeee

[iCEBREAKER]

Ffs...  Is the Dash vs Monero thing still alive?  I think it has been proven that all negative said about Monero was all FUD and nonesense.  I even fell for it back in the day when it was under 5 bucks.  5 BUCKS!  I would have held starting back then if only I knew better instead trading in and out of it.

Not really--dash just sort of gave up on the privacy narrative. I think ICEbreaker still pushes it, but he's like that Japanese soldier stuck on an island for thirty years who thought WWII was still ongoing.

Dash is still a scam.  You are still a fraud if you see fraud and don't cry fraud.  Silly shaming tactics from a 2014 noob won't change those facts.

More to the point, Dash still occasionally spikes above XMR in market cap and Dash is still trying to fix their broken version of coinjoin.

Then there is the question of whether this massive cringe-thread is a Poe mocking Toknormal or truly a magnificent display of insufficiently medicated autism.

Breaking! If My Theory is Correct, Fair Value Completely Exposes Monero/Dash Market Manipulation!

IMO it's a Poe.  The "Breaking!" is too on-the-nose, as is thethrowaccount21's heavy-handed satire of Toknormal ("a mental").

CoinFairValue?  LOL.  Okay, which one of you guys did this? 

[johnalan]

Ffs...  Is the Dash vs Monero thing still alive?  I think it has been proven that all negative said about Monero was all FUD and nonesense.  I even fell for it back in the day when it was under 5 bucks.  5 BUCKS!  I would have held starting back then if only I knew better instead trading in and out of it.

Not really--dash just sort of gave up on the privacy narrative. I think ICEbreaker still pushes it, but he's like that Japanese soldier stuck on an island for thirty years who thought WWII was still ongoing.

Dash is still a scam.  You are still a fraud if you see fraud and don't cry fraud.  Silly shaming tactics from a 2014 noob won't change those facts.

More to the point, Dash still occasionally spikes above XMR in market cap and Dash is still trying to fix their broken version of coinjoin.

Then there is the question of whether this massive cringe-thread is a Poe mocking Toknormal or truly a magnificent display of insufficiently medicated autism.

Breaking! If My Theory is Correct, Fair Value Completely Exposes Monero/Dash Market Manipulation!

IMO it's a Poe.  The "Breaking!" is too on-the-nose, as is thethrowaccount21's heavy-handed satire of Toknormal ("a mental").

CoinFairValue?  LOL.  Okay, which one of you guys did this? 

That was a good read, thank you!

Fucking Dash, it's such dogshit.

How do you feel about XMR/BTC - USD drops I can handle, the XMR/BTC rate is insulting at this stage...

[generalizethis]

Ffs... Is the Dash vs Monero thing still alive?  I think it has been proven that all negative said about Monero was all FUD and nonesense.  I even fell for it back in the day when it was under 5 bucks.  5 BUCKS!  I would have held starting back then if only I knew better instead trading in and out of it.

Not really--dash just sort of gave up on the privacy narrative. I think ICEbreaker still pushes it, but he's like that Japanese soldier stuck on an island for thirty years who thought WWII was still ongoing.

Dash is still a scam.  You are still a fraud if you see fraud and don't cry fraud.  Silly shaming tactics from a 2014 noob won't change those facts.

More to the point, Dash still occasionally spikes above XMR in market cap and Dash is still trying to fix their broken version of coinjoin.

Then there is the question of whether this massive cringe-thread is a Poe mocking Toknormal or truly a magnificent display of insufficiently medicated autism.

Breaking! If My Theory is Correct, Fair Value Completely Exposes Monero/Dash Market Manipulation!

IMO it's a Poe.  The "Breaking!" is too on-the-nose, as is thethrowaccount21's heavy-handed satire of Toknormal ("a mental").

CoinFairValue?  LOL.  Okay, which one of you guys did this?  

I'm not trying to shame you and "2014 noob" contradicts itself. I was speaking to the long dead Dash Vs. Monero rivalry and the fact that you still necro the Dash crashing Monero up thread. If your intent is to call out a scam maybe leave the Monero part out (and if it's satire, dress yourself in your own set of plaid pajamas and use pineapples for grenades)--as the rivalry was dead once dashers stopped claiming to be the number one privacy coin and adopted new narratives. I still call it a scam too, but I speak to their current "better than Bitcoin" and "decentralized governance" BS, and I don't go out of my way to hector them. TBH, I think giving them an enemy is the only thing focusing them away from their problems--problems that can't be solved by their oligarchy governance system.

There are plenty of coins that are scams, but I only call out the ones that go after Monero, once they cease and desists, i don't give a shit. I'm more foccused on the fact that maximalists have put themselves in an untentable position by claiming "decentralization" and "censorship resistance" every time they attack a "shitcoin," but anyone who knows the technology a little bit (even my 2014 noob self) reliezes that Monero out performs BTC in both respects by having asic resistance and choosing to not expand other forms of censorship by being a fungible currency. That's the fight i want because maximalists have made the blunder of making the argument about a coin's cypherpunkness and we all know who wins that award.

[birr]

the XMR/BTC rate is insulting

Buy.

[WOELVES]

Monero is the only coin that gets me excited in this market now i really believe it will be top 5 in next few years, for now i can't see a better alternative than this.

[KingJess]

I agree Monero is the best cryptocurrency in the market alongside bitcoin. But platform coins are somwhow earning more interest from the community. The market does not need too much platform coins and their value is too high in my opinion

[Shnikes101]

Some really good progress in the Dev Notes this week -
https://monerobase.com/article/monero_devmeeting_2018-07-29

Highlights

•   All Bulletproof(BP) audits have come in.
o   No major issues were found.
o   Some optimizations were suggested.
o   All signs point to BP's making it into the next scheduled protocol upgrade.

•   vtnerd has been working on a MessagePack(msgpack) encoding scheme to supplement JSON. 
o   MessagePack is binary and is generally faster to encode/decode than straight JSON.

•   vtnerd is continuing work on the ZeroMQ(0MQ) implementation.
•   MoneroMooo is working on a blockchain ancestry application that calculates the cardinal of an output's ancestry.
•   A lot of work is being performed on the GUI.
•   hyc's new/testing Proof of Work scheme, randomJS, has been rewritten in C++ and is being tested in Wownero.
•   Next meeting on August 12th.

[exbase]

I will tell you what Monero really need. Fucking rich underground sellers/buyers in major countries.

Like some VIP bitcoin elites that dealing only in cash. And I mean that ones that will not talk with you, if you not want sell/buy BTC above $1,000,000. For them matter just the real 1 day actual BTC value. They not invest in BTC. Is just easy way to move money.

That's why BTC is still so popular. These people doesn't care about technical stuff.

They happy if someone give them $100,000,000 in Columbia and buy BTC from them.
And then in Thailand after 20-30 minutes they sell the BTC to for around same price.

Security is not right now a concern for these "bad guys". Maybe some major busts will wake up this big drugs/narcos/weapons/traffic/lords... to stop using BTC for such transactions and start using Monero and price of Monero will skyrocket.

[garytheasshole]

I will tell you what Monero really need. Fucking rich underground sellers/buyers in major countries.

Like some VIP bitcoin elites that dealing only in cash. And I mean that ones that will not talk with you, if you not want sell/buy BTC above $1,000,000. For them matter just the real 1 day actual BTC value. They not invest in BTC. Is just easy way to move money.

That's why BTC is still so popular. These people doesn't care about technical stuff.

They happy if someone give them $100,000,000 in Columbia and buy BTC from them.
And then in Thailand after 20-30 minutes they sell the BTC to for around same price.

Security is not right now a concern for these "bad guys". Maybe some major busts will wake up this big drugs/narcos/weapons/traffic/lords... to stop using BTC for such transactions and start using Monero and price of Monero will skyrocket.

Yes, where the international criminals at?

[cAPSLOCK]

DO we find support here?

[7jaka7]

I agree Monero is the best cryptocurrency in the market alongside bitcoin. But platform coins are somwhow earning more interest from the community. The market does not need too much platform coins and their value is too high in my opinion

I think it is easier to get hype around "platform" coins - eventhough most of them are truly worthless. IMO this is no problem for Monero, what matters the most for cryptocurrencies (not security/utility/etc. tokens) is it's acceptance (basically where can you spend/use them). I think that Bitcoin is more like gold, and Monero is like a cash so no worries about prices. Just BTFD and start using it as much as possible and it price will follow.

[Hueristic]

{We need m0ar criminal adoption}

Yes, where the international criminals at?

Sounds like he needs some big criminals to give him a 10% conversion fee.

DO we find support here?

It must be near? I would have bet we wouldn't see below 0.017 again. Well actually I have been as I've been buying every week at spot since alphabay (after it settled down to $26 IIRC) and am pretty sure I'm under water. but I am going to keep it up for as long as I can.

[johnalan]

DO we find support here?

If we don't it's pretty fucking bearish!

I cannot understand how Monero - with it's state of development and advancement (from Bulletproofs to Ledger to iOS + Android Wallets to Multisig) is back at the 2016 BTC price.

[exbase]

I will tell you what Monero really need. Fucking rich underground sellers/buyers in major countries.

Like some VIP bitcoin elites that dealing only in cash. And I mean that ones that will not talk with you, if you not want sell/buy BTC above $1,000,000. For them matter just the real 1 day actual BTC value. They not invest in BTC. Is just easy way to move money.

That's why BTC is still so popular. These people doesn't care about technical stuff.

They happy if someone give them $100,000,000 in Columbia and buy BTC from them.
And then in Thailand after 20-30 minutes they sell the BTC to for around same price.

Security is not right now a concern for these "bad guys". Maybe some major busts will wake up this big drugs/narcos/weapons/traffic/lords... to stop using BTC for such transactions and start using Monero and price of Monero will skyrocket.

Yes, where the international criminals at?

They are at/in:

    Afghanistan
    Albania
    Algeria
    Andorra
    Angola
    Anguilla
    Antigua & Barbuda
    Argentina
    Armenia
    Australia
    Austria
    Azerbaijan
    Bahamas
    Bahrain
    Bangladesh
    Barbados
    Belarus
    Belgium
    Belize
    Benin
    Bermuda
    Bhutan
    Bolivia
    Bosnia & Herzegovina
    Botswana
    Brazil
    Brunei Darussalam
    Bulgaria
    Burkina Faso
    Myanmar/Burma
    Burundi
    Cambodia
    Cameroon
    Canada
    Cape Verde
    Cayman Islands
    Central African Republic
    Chad
    Chile
    China
    Colombia
    Comoros
    Congo
    Costa Rica
    Croatia
    Cuba
    Cyprus
    Czech Republic
    Democratic Republic of the Congo
    Denmark
    Djibouti
    Dominica
    Dominican Republic
    Ecuador
    Egypt
    El Salvador
    Equatorial Guinea
    Eritrea
    Estonia
    Ethiopia
    Fiji
    Finland
    France
    French Guiana
    Gabon
    Gambia
    Georgia
    Germany
    Ghana
    Great Britain
    Greece
    Grenada
    Guadeloupe
    Guatemala
    Guinea
    Guinea-Bissau
    Guyana
    Haiti
    Honduras
    Hungary
    Iceland
    India
    Indonesia
    Iran
    Iraq
    Israel and the Occupied Territories
    Italy
    Ivory Coast (Cote d'Ivoire)
    Jamaica
    Japan
    Jordan
    Kazakhstan
    Kenya
    Kosovo
    Kuwait
    Kyrgyz Republic (Kyrgyzstan)
    Laos
    Latvia
    Lebanon
    Lesotho
    Liberia
    Libya
    Liechtenstein
    Lithuania
    Luxembourg
    Republic of Macedonia
    Madagascar
    Malawi
    Malaysia
    Maldives
    Mali
    Malta
    Martinique
    Mauritania
    Mauritius
    Mayotte
    Mexico
    Moldova, Republic of
    Monaco
    Mongolia
    Montenegro
    Montserrat
    Morocco
    Mozambique
    Namibia
    Nepal
    Netherlands
    New Zealand
    Nicaragua
    Niger
    Nigeria
    Korea, Democratic Republic of (North Korea)
    Norway
    Oman
    Pacific Islands
    Pakistan
    Panama
    Papua New Guinea
    Paraguay
    Peru
    Philippines
    Poland
    Portugal
    Puerto Rico
    Qatar
    Reunion
    Romania
    Russian Federation
    Rwanda
    Saint Kitts and Nevis
    Saint Lucia
    Saint Vincent's & Grenadines
    Samoa
    Sao Tome and Principe
    Saudi Arabia
    Senegal
    Serbia
    Seychelles
    Sierra Leone
    Singapore
    Slovak Republic (Slovakia)
    Slovenia
    Solomon Islands
    Somalia
    South Africa
    Korea, Republic of (South Korea)
    South Sudan
    Spain
    Sri Lanka
    Sudan
    Suriname
    Swaziland
    Sweden
    Switzerland
    Syria
    Tajikistan
    Tanzania
    Thailand
    Timor Leste
    Togo
    Trinidad & Tobago
    Tunisia
    Turkey
    Turkmenistan
    Turks & Caicos Islands
    Uganda
    Ukraine
    United Arab Emirates
    United States of America (USA)
    Uruguay
    Uzbekistan
    Venezuela
    Vietnam
    Virgin Islands (UK)
    Virgin Islands (US)
    Yemen
    Zambia
    Zimbabwe

[Hueristic]

I will tell you what Monero really need. Fucking rich underground sellers/buyers in major countries.

Like some VIP bitcoin elites that dealing only in cash. And I mean that ones that will not talk with you, if you not want sell/buy BTC above $1,000,000. For them matter just the real 1 day actual BTC value. They not invest in BTC. Is just easy way to move money.

That's why BTC is still so popular. These people doesn't care about technical stuff.

They happy if someone give them $100,000,000 in Columbia and buy BTC from them.
And then in Thailand after 20-30 minutes they sell the BTC to for around same price.

Security is not right now a concern for these "bad guys". Maybe some major busts will wake up this big drugs/narcos/weapons/traffic/lords... to stop using BTC for such transactions and start using Monero and price of Monero will skyrocket.

Yes, where the international criminals at?

They are at/in:

    Afghanistan
    Albania
    Algeria
    Andorra
    Angola
    Anguilla
    Antigua & Barbuda
    Argentina
    Armenia
    Australia
    Austria
    Azerbaijan
    Bahamas
    Bahrain
    Bangladesh
    Barbados
    Belarus
    Belgium
    Belize
    Benin
    Bermuda
    Bhutan
    Bolivia
    Bosnia & Herzegovina
    Botswana
    Brazil
    Brunei Darussalam
    Bulgaria
    Burkina Faso
    Myanmar/Burma
    Burundi
    Cambodia
    Cameroon
    Canada
    Cape Verde
    Cayman Islands
    Central African Republic
    Chad
    Chile
    China
    Colombia
    Comoros
    Congo
    Costa Rica
    Croatia
    Cuba
    Cyprus
    Czech Republic
    Democratic Republic of the Congo
    Denmark
    Djibouti
    Dominica
    Dominican Republic
    Ecuador
    Egypt
    El Salvador
    Equatorial Guinea
    Eritrea
    Estonia
    Ethiopia
    Fiji
    Finland
    France
    French Guiana
    Gabon
    Gambia
    Georgia
    Germany
    Ghana
    Great Britain
    Greece
    Grenada
    Guadeloupe
    Guatemala
    Guinea
    Guinea-Bissau
    Guyana
    Haiti
    Honduras
    Hungary
    Iceland
    India
    Indonesia
    Iran
    Iraq
    Israel and the Occupied Territories
    Italy
    Ivory Coast (Cote d'Ivoire)
    Jamaica
    Japan
    Jordan
    Kazakhstan
    Kenya
    Kosovo
    Kuwait
    Kyrgyz Republic (Kyrgyzstan)
    Laos
    Latvia
    Lebanon
    Lesotho
    Liberia
    Libya
    Liechtenstein
    Lithuania
    Luxembourg
    Republic of Macedonia
    Madagascar
    Malawi
    Malaysia
    Maldives
    Mali
    Malta
    Martinique
    Mauritania
    Mauritius
    Mayotte
    Mexico
    Moldova, Republic of
    Monaco
    Mongolia
    Montenegro
    Montserrat
    Morocco
    Mozambique
    Namibia
    Nepal
    Netherlands
    New Zealand
    Nicaragua
    Niger
    Nigeria
    Korea, Democratic Republic of (North Korea)
    Norway
    Oman
    Pacific Islands
    Pakistan
    Panama
    Papua New Guinea
    Paraguay
    Peru
    Philippines
    Poland
    Portugal
    Puerto Rico
    Qatar
    Reunion
    Romania
    Russian Federation
    Rwanda
    Saint Kitts and Nevis
    Saint Lucia
    Saint Vincent's & Grenadines
    Samoa
    Sao Tome and Principe
    Saudi Arabia
    Senegal
    Serbia
    Seychelles
    Sierra Leone
    Singapore
    Slovak Republic (Slovakia)
    Slovenia
    Solomon Islands
    Somalia
    South Africa
    Korea, Republic of (South Korea)
    South Sudan
    Spain
    Sri Lanka
    Sudan
    Suriname
    Swaziland
    Sweden
    Switzerland
    Syria
    Tajikistan
    Tanzania
    Thailand
    Timor Leste
    Togo
    Trinidad & Tobago
    Tunisia
    Turkey
    Turkmenistan
    Turks & Caicos Islands
    Uganda
    Ukraine
    United Arab Emirates
    United States of America (USA)
    Uruguay
    Uzbekistan
    Venezuela
    Vietnam
    Virgin Islands (UK)
    Virgin Islands (US)
    Yemen
    Zambia
    Zimbabwe

Yay! You earned your first Merit!