[XMR] Monero Speculation

[Hueristic]

Upcoming Bulletproof update should definitely make some excitement. Many will say it is already priced in, but i cant be really. There will be publicity about it and that publicity will be exactly about what is best in Monero.

This was exactly what I was discussing in another channel. A lot of people come and talk about better privacy coins and start comparing stuff to Monero, then they realize actually Monero is in constant development and catching up very quickly in some of the tech,,, just that they were not aware about it until they learnt. Monero has this thing that it makes headlines very well without marketing, because the adopters are happy to share.

And definitely,,, none of this is priced in until the spikes happen!

That, or it's already priced in cos there are no spikes happening...  Think about it.  Bulletproofs is already public knowledge.

It may be public knowledge but the major impact this upgrade will have is probably hard to quantify until put into practice.
People need to experience bulletproofs and talk about it to fully understand. Honestly, I fall into this category.

Don't get me wrong, I go back and forth on this. It may not even be a blip on the radar come Oct. 18th.

We had  quite a long discusion on it when it was bring pushed to be included before proper vetting and that is probally why we have not been discusing it as much right now.

It is a HUGE improvement and should effect the entire Eco system as nodes can be run in many more locations now. Synch times with such a large chain have been an issue for alot of people and although I havn;t tried it on a rasberry , I doun't doubt it can be a hair pulling experience on a poor connection.

Speaking of which @Jwintern, did you ever get the node running on that Orange?

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[johnfoss]

It's that time of the week again!

The Monero Moon (Issue 5) is now out for your reading pleasure.

If you enjoy reading it then give it a like and share it with your friends.

https://medium.com/@johnfoss/the-monero-moon-issue-5-a475d0568071

[jwinterm]

Speaking of which @Jwintern, did you ever get the node running on that Orange?

Nah, but there are builds for raspberry pi so I think it should certainly be possible to keep up to date with a little arm chip at this point.

[Shnikes101]

Speaking of which @Jwintern, did you ever get the node running on that Orange?

Nah, but there are builds for raspberry pi so I think it should certainly be possible to keep up to date with a little arm chip at this point.

I have a xmr pi node running now. Used this guide - http://pinode.co.uk/
Did it on an sd card which apparently have about a year life span with the constant read/write. Wish I would have known that from the start.

I want to say it took a little over a week to sync but it stays up to date just fine. There's a few scenarios where I may use it as a remote node but was really just a tinker project.

[Hueristic]

[GlobalProtection]

Interesting read :

70% Stock Market Crash to Strike November 1, Economist Warns
https://banyanhill.com/exclusives/70-stock-market-crash-to-strike-august-1-economist-warns/

I guess we will find out how accurate this stock market crash prediction really is, in three weeks. Crypto could be seen as a safe heaven, when a severe stock market crash occurs.

The smartest thing that stock holders could do right now, is sell their stocks and place the proceeds into the top cryptos as well as some "penny stock" privacy coins and alts.  Sell high in one asset class and buy low in another asset class !!!

[GingerAle]

Interesting read :

70% Stock Market Crash to Strike November 1, Economist Warns
https://banyanhill.com/exclusives/70-stock-market-crash-to-strike-august-1-economist-warns/

I guess we will find out how accurate this stock market crash prediction really is, in three weeks. Crypto could be seen as a safe heaven, when a severe stock market crash occurs.

The smartest thing that stock holders could do right now, is sell their stocks and place the proceeds into the top cryptos as well as some "penny stock" privacy coins and alts.  Sell high in one asset class and buy low in another asset class !!!

same thing will happen that happened during the last stock market dip - crypto traders cash out in order to buy the stock market low, causing crypto to crash as well.

at least thats what I remember happening last time.

[elrippos friend]

Aaaaaaaand we have a face for ... 

[leea-1334]

Upcoming Bulletproof update should definitely make some excitement. Many will say it is already priced in, but i cant be really. There will be publicity about it and that publicity will be exactly about what is best in Monero.

This was exactly what I was discussing in another channel. A lot of people come and talk about better privacy coins and start comparing stuff to Monero, then they realize actually Monero is in constant development and catching up very quickly in some of the tech,,, just that they were not aware about it until they learnt. Monero has this thing that it makes headlines very well without marketing, because the adopters are happy to share.

And definitely,,, none of this is priced in until the spikes happen!

That, or it's already priced in cos there are no spikes happening...  Think about it.  Bulletproofs is already public knowledge.

It may be public knowledge but the major impact this upgrade will have is probably hard to quantify until put into practice.
People need to experience bulletproofs and talk about it to fully understand. Honestly, I fall into this category.

Don't get me wrong, I go back and forth on this. It may not even be a blip on the radar come Oct. 18th.

This is exactly how I felt about Bitcoin's Segwit when it was public knowledge. People said, it is all priced in. But we all needed to try it for ourselves, to see that it works as it is supposed to be. Technological upgrades are nice to read about, but if it does not impact how we use the coin, then it has no pricing effect.

So yes, I agree. Bulletproof needs to be used by us, and we must like it. But you're also right. Maybe Oct 18 comes and it is just a slow climb, instead of spike, or nobody cares.

[Hueristic]

Aaaaaaaand we have a face for ... 

Who do you think that is?

[jwinterm]

Aaaaaaaand we have a face for ... 

Who do you think that is?

Monero CEO?

[Hueristic]

Aaaaaaaand we have a face for ... 

Who do you think that is?

Monero CEO?

Lol, strike 1.

Try harder it's rather amusing.

I'll tell you for Diggs.

[jwinterm]

Aaaaaaaand we have a face for ... 

Who do you think that is?

Monero CEO?

Lol, strike 1.

Try harder it's rather amusing.

I'll tell you for Diggs.

I know who it is, was just joshing ya, in the spirit of the images of bitcoin CEO that's been making the meme rounds:
https://twitter.com/fluffypony/status/1049687758992801792?s=19

[Hueristic]

Aaaaaaaand we have a face for ... 

Who do you think that is?

Monero CEO?

Lol, strike 1.

Try harder it's rather amusing.

I'll tell you for Diggs.

I know who it is, was just joshing ya, in the spirit of the images of bitcoin CEO that's been making the meme rounds:
https://twitter.com/fluffypony/status/1049687758992801792?s=19

Can I still have diggs?

Hah that is funny, i don't twitter so I never saw that.

Too funny though.

[owlcatz]

ah ffs. someone just dumped us down... 

[elrippos friend]

ah ffs. someone just dumped us down... 

We will get up again 

[dEBRUYNE]

CLI v0.13.0.2 'Beryllium Bullet' released!

https://www.reddit.com/r/Monero/comments/9na46l/cli_v01302_beryllium_bullet_released/

This is the CLI v0.13.0.2 'Beryllium Bullet' point release, which a user, service, merchant, pool operator, or exchange should run to be sufficiently prepared for the scheduled protocol upgrade of October 18 (for which more information can be found here).

[Hueristic]

CLI v0.13.0.2 'Beryllium Bullet' released!

https://www.reddit.com/r/Monero/comments/9na46l/cli_v01302_beryllium_bullet_released/

This is the CLI v0.13.0.2 'Beryllium Bullet' point release, which a user, service, merchant, pool operator, or exchange should run to be sufficiently prepared for the scheduled protocol upgrade of October 18 (for which more information can be found here).

Great, has there been any talk of when the pruning will take place?

[dEBRUYNE]

CLI v0.13.0.2 'Beryllium Bullet' released!

https://www.reddit.com/r/Monero/comments/9na46l/cli_v01302_beryllium_bullet_released/

This is the CLI v0.13.0.2 'Beryllium Bullet' point release, which a user, service, merchant, pool operator, or exchange should run to be sufficiently prepared for the scheduled protocol upgrade of October 18 (for which more information can be found here).

Great, has there been any talk of when the pruning will take place?

It will probably be fully implemented in v0.14.

[Veseloff]

They say that Monero still has huge growth potential, is that true? I think the price has calmed down and you can not dream of ToTheMoon. Do you think this is real?