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Author Topic: [XMR] Monero Speculation  (Read 3312335 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (2 posts by 1+ user deleted.)
smooth (OP)
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July 15, 2019, 02:50:50 PM
Last edit: July 15, 2019, 03:17:53 PM by smooth
 #41041


He denied the report

Thread moderator business:

genbitz you are still welcome to post in the thread but please try to keep it substantive, on-topic, and civil.

Removed:


awe because he won't add your shitcoin? lol poloniex is the shitty exchange with FLUFFY PONY ass fucker XMR bytecoin clone!!   Roll Eyes  reee


Ya know i ignore your shit but its been slow here so i read this and i gotta say your just going off the rails. You shit is getting more and more outlandish everyday. I thought trolls tried to trick fools? How can you possibly think touting a shitcoin that had a daily volume of 600 bucks ON A  PUMP and attacking a dev thats accomplished more than you have your entire life in just 4 years?

You need to step back and up your game its just not becoming and frankly I'm embarrassed for you. Anyway I just clicked "view ignored" because i was bored, I doubt I'll be reading another one of your posts for awhile so don't bother responding.[size]
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Hueristic
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July 15, 2019, 03:13:37 PM
 #41042


Do you have a link to the denial?

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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July 15, 2019, 03:16:22 PM
 #41043


Check his twitter feed. The original reply where he said "I never said this" is less clear because the original tweet was then deleted however the later ones where he just tags them as #fakenews are still there.
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July 15, 2019, 05:07:47 PM
 #41044


Check his twitter feed. The original reply where he said "I never said this" is less clear because the original tweet was then deleted however the later ones where he just tags them as #fakenews are still there.
I don't know about this quote's veracity, but he hosted a debate with Tuur Demeester and Jimmy Song I watched (yeah, it was slow day) and he raised (positively) the importance of privacy to the guests.  Both said the lack of opacity of Bitcoin's blockchain was essential, seemingly dismissive of the whole privacy issue.  He looked like he disagreed, to me - he didn't mention Monero, but I would have thought he'd understand the value, I'd certainly be surprised if he dismissed privacy wholesale.

我想要火箭和火车
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July 15, 2019, 08:23:08 PM
 #41045

Max Keiser shills for Monero now

https://oracletimes.com/monero-xmr-will-become-a-market-leader-soon-says-max-keiser/

Quote
Crypto enthusiast Max Keiser revealed the fact that he’s pretty certain that Monero will gain the position as a market leader.

He believes that this is bound to happen sooner rather than later.

Keiser supports Monero and pointed out the lack of fungibility in Bitcoin’s case.

He said that Monero can serve this purpose and as a result, the privacy-oriented coin will become one of the top three digital assets in the crypto market soon.

Keiser is a maximalist's maximalist.  AND he tends to be right.  The fact he thinks this about Monero is pretty interesting.

(Oh... just read the other posts... it was kind of surprising.)
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July 15, 2019, 09:29:37 PM
 #41046


Check his twitter feed. The original reply where he said "I never said this" is less clear because the original tweet was then deleted however the later ones where he just tags them as #fakenews are still there.
I don't know about this quote's veracity, but he hosted a debate with Tuur Demeester and Jimmy Song I watched (yeah, it was slow day) and he raised (positively) the importance of privacy to the guests.  Both said the lack of opacity of Bitcoin's blockchain was essential, seemingly dismissive of the whole privacy issue.  He looked like he disagreed, to me - he didn't mention Monero, but I would have thought he'd understand the value, I'd certainly be surprised if he dismissed privacy wholesale.

I agree. It may have been that the quote was taken out of context or misrepresented and that was his objection, but he definitely recognizes that privacy is important. There was an interview during MCC where he said that he thought Monero could do well alongside Bitcoin for a long time based on its commitment to privacy but that eventually Bitcoin would become private and Monero would not be needed.
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July 16, 2019, 03:25:08 AM
 #41047

Holy shit I havn't been keeping up but this is hilarious! Grin

https://youtu.be/3etTQE504Jo

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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July 16, 2019, 04:21:48 AM
 #41048

Holy shit I havn't been keeping up but this is hilarious! Grin

https://youtu.be/3etTQE504Jo

Indeed, i just laughed my ass of  Grin Grin Grin I'll have to watch part one later, but that is really great stuff  Cheesy Cheesy Cheesy Wink

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July 16, 2019, 04:49:32 AM
 #41049

Holy shit I havn't been keeping up but this is hilarious! Grin

https://youtu.be/3etTQE504Jo

Indeed, i just laughed my ass of  Grin Grin Grin I'll have to watch part one later, but that is really great stuff  Cheesy Cheesy Cheesy Wink

Glad you liked it, where you been?

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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July 16, 2019, 06:25:44 PM
 #41050

Therapist:
Nouriel, show me on the doll where bitcoin touched you.
Roubini:
Here!  Right here on my a-butt-a!  Bitcoin touch me on my a-butt-a!
Therapist:
Did it hurt, Nouriel?
Roubini:
Yes, my butt a-hurt-a!  I am a-butt-a-hurta!
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July 17, 2019, 04:52:21 AM
 #41051

Holy shit I havn't been keeping up but this is hilarious! Grin

https://youtu.be/3etTQE504Jo

Indeed, i just laughed my ass of  Grin Grin Grin I'll have to watch part one later, but that is really great stuff  Cheesy Cheesy Cheesy Wink

Glad you liked it, where you been?

Thanks  Wink I am around, just observing  Cool

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July 17, 2019, 07:39:44 PM
 #41052

Holy shit I havn't been keeping up but this is hilarious! Grin

https://youtu.be/3etTQE504Jo

Indeed, i just laughed my ass of  Grin Grin Grin I'll have to watch part one later, but that is really great stuff  Cheesy Cheesy Cheesy Wink

Glad you liked it, where you been?

Thanks  Wink I am around, just observing  Cool
Don't lie... We know you're working your ass off to buy as much cheap moneros as possible! Tongue

SECURE YOUR CRYPTO ASSETS | GET SOME FREE SATOSHI'S | TRADE ON BINANCE 
Disclaimer: All links are affiliate/refferal! Thank you for using them! Smiley
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July 19, 2019, 06:35:11 PM
 #41053

We have more and more articles posting about that wallet bug, that was found by HackerOne as part of a our bug bounty program, from half year ago to be a minting bug. Not sure if that is a deliberate FUD or just. It is funny how you make something super good with community founded bounty rewards and it can be still presented bad at the end. 
Hueristic
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July 20, 2019, 02:07:05 AM
 #41054

We have more and more articles posting about that wallet bug, that was found by HackerOne as part of a our bug bounty program, from half year ago to be a minting bug. Not sure if that is a deliberate FUD or just. It is funny how you make something super good with community founded bounty rewards and it can be still presented bad at the end. 


Yeah, looks like a FUd campaign going on atm.

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July 20, 2019, 09:32:00 AM
Merited by Hueristic (1), cAPSLOCK (1)
 #41055

We have more and more articles posting about that wallet bug, that was found by HackerOne as part of a our bug bounty program, from half year ago to be a minting bug. Not sure if that is a deliberate FUD or just. It is funny how you make something super good with community founded bounty rewards and it can be still presented bad at the end. 


Yeah, looks like a FUd campaign going on atm.

"if you are attacked, you are dangerous" --> best compliment for Monero  Grin

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July 20, 2019, 06:34:47 PM
 #41056

Interesting, it made me look up the mentioned bug and i found this article :

https://cointelegraph.com/news/monero-reports-on-resolving-fake-xmr-minting-bugs-a-month-after-fix

Quote
“Most of the vulnerabilities were disclosed few months ago, yet were only now fixed. While Monero developers are doing great work,
they cannot guarantee no new coins were minted by deceiving an exchange. If such an attack would occur, it might've taken a long time until
the exchange would've noticed it, unless their security mechanisms are advanced enough to scan its cold wallet storage and compare it with
account deposits very quickly.”

The article on itself is an interesting read and not something i consider specificly a FUD article.


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July 20, 2019, 07:32:22 PM
Merited by Hueristic (1)
 #41057

Interesting, it made me look up the mentioned bug and i found this article :

https://cointelegraph.com/news/monero-reports-on-resolving-fake-xmr-minting-bugs-a-month-after-fix

Quote
they cannot guarantee no new coins were minted


This part is wrong.

Cointelegraph has been running false anti-Monero propaganda as long as there has been a Monero, although in this case I don't know if the error is deliberate or just careless.

I mean how careless can you be before it becomes more likely to be malicious? If you click through the link on that article and read their other article, you find this from the original researcher who discovered the bug:

Quote
“It is our belief that the vulnerability cannot be used to "mint" real, transactable monero out of thin air.”

No new coins were minted. Guaranteed.

The bug could only be used to fool an exchange into falsely crediting a users account, not to mint coins. Unlike a previous similar bug, this one is not known to have ever been exploited to fool an exchange at all. (The earlier bug was reportedly exploited, but only after a careless exchange failed to upgrade after a fix had already been released.)
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July 20, 2019, 08:53:24 PM
Last edit: July 20, 2019, 09:04:12 PM by qwizzie
 #41058

Interesting, it made me look up the mentioned bug and i found this article :

https://cointelegraph.com/news/monero-reports-on-resolving-fake-xmr-minting-bugs-a-month-after-fix

Quote
they cannot guarantee no new coins were minted


No new coins were minted. Guaranteed.


Having a closed blockchain like that of Monero + existance of critical bugs for some time + the increased number of Monero mining malware out in the open
makes it difficult for me to accept any ultimate guarantee on this matter.

It is true that these fake minting bugs only affect  exchanges, but what is to say hackers did not locate a (smaller) exchange / exchanges already
and were abusing them this way untill Monero patched up these bugs ? Whats to say these exchanges can even identify such problem occurring or having ocurred
on their exchange ?

Also the article mentions 9 security bugs of which 8 have been patched. Does this mean 1 is still open ?

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July 21, 2019, 02:08:13 AM
 #41059

It is true that these fake minting bugs only affect  exchanges, but what is to say hackers did not locate a (smaller) exchange / exchanges already
and were abusing them this way untill Monero patched up these bugs ? Whats to say these exchanges can even identify such problem occurring or having ocurred
on their exchange ?

Then the exchange has incurred a normal business risk for running risky semi-experimental software (all cryptocurrencies, including Bitcoin), partially as a result of the bug, and partially as a result of lacking strict controls and audits on their own operations.

But in any case, no new coins were minted as a result of these bugs.

Quote
Also the article mentions 9 security bugs of which 8 have been patched. Does this mean 1 is still open ?

Math would suggest such (although my confidence in the accuracy of cointelegraph 'reporting' is extremely low, for good reasons, so I wouldn't reach any conclusions without a better source). I don't personally know but I would imagine the established process for vulnerability reporting is being carried out.
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July 21, 2019, 02:08:55 AM
 #41060

Interesting, it made me look up the mentioned bug and i found this article :

https://cointelegraph.com/news/monero-reports-on-resolving-fake-xmr-minting-bugs-a-month-after-fix

Quote
they cannot guarantee no new coins were minted


No new coins were minted. Guaranteed.


Having a closed blockchain like that of Monero + existance of critical bugs for some time + the increased number of Monero mining malware out in the open
makes it difficult for me to accept any ultimate guarantee on this matter.

It is true that these fake minting bugs only affect  exchanges, but what is to say hackers did not locate a (smaller) exchange / exchanges already
and were abusing them this way untill Monero patched up these bugs ? Whats to say these exchanges can even identify such problem occurring or having ocurred
on their exchange ?

Also the article mentions 9 security bugs of which 8 have been patched. Does this mean 1 is still open ?

The article is a hit piece written so sloppily that i am not even bothering to read it to see what bugs you are mentioning as the lie that new coins can be minted shows right there they are incompetent or scamming fudders. So dyOr if you want to believe whatever that site prints.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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