[XMR] Monero Speculation

[generalizethis]

monero… something incredible but too expensive …

1 XMR only cost 1 XMR. 

[Hueristic]

Lets not forget that Java platform is inherently insecure unless something has changed in my time out of the field.

There are still issues but at least the modularity improvements mean that it is possible to not deploy the entire enormous runtime (with its entire attack surface) just for one application. So not ideal, but less bad than it used to be.

Good to know.

[owlcatz]

It appears that cryptonote is unbreakable at the moment, so monero hodlers can breathe a sigh of relief. Also it will encourage those shady people to do their deals with XMR payments rather than bitcoin. Kidnappers are switching to it, so the rest will being to follow

Lol... Fuck that. Most of us here would never condone anything like that shit. It's disgusting.

[cAPSLOCK]

It appears that cryptonote is unbreakable at the moment, so monero hodlers can breathe a sigh of relief. Also it will encourage those shady people to do their deals with XMR payments rather than bitcoin. Kidnappers are switching to it, so the rest will being to follow

Lol... Fuck that. Most of us here would never condone anything like that shit. It's disgusting.

That's just the thing... I think most of us here are for freedom, privacy and responsibility.

People do with money what people do with money.  It should be private unless the people want otherwise.

[bitebits]

Zcash will be the trojan horse that eventually gets Monero onto the big exchanges. A privacy-lite coin is a stepping stone toward getting the regulators comfortable with real privacy coins.

Interesting view point and speculation.

I cringe when hearing about optional privacy, it gives a false sense of security. Worse than no privacy at all.

[dEBRUYNE]

Monero added to Exodus Eden version 19.2.2

https://www.reddit.com/r/Monero/comments/amcemx/youve_been_asking_we_finally_delivered_xmr_is/

[elrippos friend]

Monero added to Exodus Eden version 19.2.2

https://www.reddit.com/r/Monero/comments/amcemx/youve_been_asking_we_finally_delivered_xmr_is/

Cooolomatico 

[Clearstream]

encryption is gradually maturing, and privacy coins will be welcomed by more and more people. XRM is the most effective privacy coin. its circular signature is the most reliable. it has a bright future.

[tokeweed]

encryption is gradually maturing, and privacy coins will be welcomed by more and more people. XRM is the most effective privacy coin. its circular signature is the most reliable. it has a bright future.

Yes...  Romero is def the most effective privacy coin in the space right now.  It's circular signature scheme makes law enforcement run around in circles in blind confusion at how circular it goes.

[Gaben.]

Any fellow credit card holders notice a major increase in getting new cards shipped out a little more often than normal this year? TBH most people probably wouldn't notice it because a lot of you only have a couple.

But anyways, many of my credit cards were replaced well before their expiration date througout 2018 and I'd like to share the speculation that there was likely mbillions of dollars committedfraudulently spent in credit card fraud and that's what fueled driving the price up to 20k and that's why they got pulled so fast out of gateways like coinbase and others.

[Hueristic]

Any fellow credit card holders notice a major increase in getting new cards shipped out a little more often than normal this year? TBH most people probably wouldn't notice it because a lot of you only have a couple.

But anyways, many of my credit cards were replaced well before their expiration date througout 2018 and I'd like to share the speculation that there was likely mbillions of dollars committedfraudulently spent in credit card fraud and that's what fueled driving the price up to 20k and that's why they got pulled so fast out of gateways like coinbase and others.

I think they were pushing out cards with smart chips.

[joroz]

Anyone notice that the conversation around Bitcoin's sustainability after block rewards expire is now fully underway?

The year started with the Bank of International Settlement (of all places) penning the most coherent Bitcoin critique of recent memory:
https://www.bis.org/publ/work765.pdf
tldr: https://www.technologyreview.com/the-download/612810/bitcoin-has-severe-limitations-because-of-the-way-it-keeps-itself-safe-from/

Now the conversation has shifted to Twitter. Notable Maximalists are seeing their bubble burst in front of their eyes.
https://twitter.com/peterktodd/status/1092262898598985729
https://twitter.com/StopAndDecrypt/status/1092279442360188929

Bitcoin's death knell will begin to toll well before 2140.

[Febo]

Anyone notice that the conversation around Bitcoin's sustainability after block rewards expire is now fully underway?

The year started with the Bank of International Settlement (of all places) penning the most coherent Bitcoin critique of recent memory:
https://www.bis.org/publ/work765.pdf
tldr: https://www.technologyreview.com/the-download/612810/bitcoin-has-severe-limitations-because-of-the-way-it-keeps-itself-safe-from/

Now the conversation has shifted to Twitter. Notable Maximalists are seeing their bubble burst in front of their eyes.
https://twitter.com/peterktodd/status/1092262898598985729
https://twitter.com/StopAndDecrypt/status/1092279442360188929

Bitcoin's death knell will begin to toll well before 2140.

Bitcoin and its copies will change emission. They will not just doe because of not secure network.  Good thing is that Monero have this already solved.

[Gaben.]

Any fellow credit card holders notice a major increase in getting new cards shipped out a little more often than normal this year? TBH most people probably wouldn't notice it because a lot of you only have a couple.

But anyways, many of my credit cards were replaced well before their expiration date througout 2018 and I'd like to share the speculation that there was likely mbillions of dollars committedfraudulently spent in credit card fraud and that's what fueled driving the price up to 20k and that's why they got pulled so fast out of gateways like coinbase and others.

I think they were pushing out cards with smart chips.

Smarter chips? Anyone I've been talking to, which isn't too much, already had updated cards with chips.

Just saying, I mean sure it could just be security being security .. but I'd suppose it's not much of a leap to connect the 'Equifax biggest breach in history' followed some time later with 'many peoples cards are getting replaced before the scheduled due date and was verbally notified over the phone by bank employee of massively compromised' and 'cryptocurrency stops taking credit cards after biggest runup in history' dots.

[Hueristic]

Anyone notice that the conversation around Bitcoin's sustainability after block rewards expire is now fully underway?

The year started with the Bank of International Settlement (of all places) penning the most coherent Bitcoin critique of recent memory:
https://www.bis.org/publ/work765.pdf
tldr: https://www.technologyreview.com/the-download/612810/bitcoin-has-severe-limitations-because-of-the-way-it-keeps-itself-safe-from/

Now the conversation has shifted to Twitter. Notable Maximalists are seeing their bubble burst in front of their eyes.
https://twitter.com/peterktodd/status/1092262898598985729
https://twitter.com/StopAndDecrypt/status/1092279442360188929

Bitcoin's death knell will begin to toll well before 2140.

https://youtu.be/SVC0VwQwrW0?t=1030

[joroz]

Bitcoin and its copies will change emission. They will not just doe because of not secure network.  Good thing is that Monero have this already solved.

I hope they are better at changing emmission than changing block size. Something makes me doubt it. 21 million is the fundamental promise of Bitcoin, above all else.

[Hueristic]

Bitcoin and its copies will change emission. They will not just doe because of not secure network.  Good thing is that Monero have this already solved.

I hope they are better at changing emmission than changing block size. Something makes me doubt it. 21 million is the fundamental promise of Bitcoin, above all else.

No, immutability is.

[Globb0]

The new cards weren't very good actually.

They have had big problems with the life of a contactless card.

"The problem is that this is my second card, and the first one was replaced because the same thing happened - after a few months contactless payments simply stopped working."


I think they had to replace a lot long before they planned to.

[infofront]

I'm guess the plan with bitcoin is to keep block size unchanged and allow fees to go through the roof, to subsidize miners. Meanwhile, users will have cheap and fast transactions on lightning network. Win/Win?

I'm sure someone has done some projections on how viable that economic model is. It would be interesting to see.

[ArticMine]

I'm guess the plan with bitcoin is to keep block size unchanged and allow fees to go through the roof, to subsidize miners. Meanwhile, users will have cheap and fast transactions on lightning network. Win/Win?

I'm sure someone has done some projections on how viable that economic model is. It would be interesting to see.

I have seen many arguments here on BCT as why this fee model does not work and none as why it will work. By the way lightning network is not a solution. Just read the Lightning Network paper https://lightning.network/lightning-network-paper.pdf where they talk about 100 MB + blocks to make LN work. In any case I hate to say I told you so, but I sold all my Bitcoin for Monero over this issue with the bulk of the sales completed well over 3 years ago.

Edit: The reason I found out about Monero in the first place is because I was researching this issue in Bitcoin here on BCT in 2014.