[XMR] Monero Speculation

[boomboom]

https://medium.com/@davidfreuden/privacy-focused-privacy-centric-blockchains-e26d6fc8285a

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[gembitz]

why on earth Monero needs fork? i think we have 3-4 versions already ( i might be wrong  maybe more - can't keep up with those forks )

Actually there are 12 versions. You can see map of full nodes here. https://community.xmr.to/network/   It looks like no one runs first 8 versions.   around 1/3 already runs new binaries. 10 days ahead of schedule.

Monero forks to upgrade its protocol. Since it is on the edge of technology, there is so much development that it had to happen every half year. Now Monero is quite built and all this progress should slowly slow down.  Since Monero ecosystem grow over time, this protocol upgrades are harder and harder to smoothly accomplish(more smaller exchanges and merchants, that dont have time to monitor Monero development, need to upgrade). We will for sure see new upgrade in spring next year, then my speculation is that they might move to be every year instead of every half year as right now. But I could be totally wrong. And there could come some sudden easy to implement innovation that would make Monero transactions faster, smaller or  harder to trace. 

Imo, it should continue to be every 6 months-a year indefinitely. I think allowing things to stagnate would be the worst thing for Monero, because you can see what happens to things like Bitcoin if politics get in the way of improving the protocol and keeping “up-to date” tech in.

Some updates need hardfork and some dont. Talking about this is beyond my knowledge.  And is so far ahead. It is just how I heard people feel. Bitcoin is unmovable object. Even unstoppable force could not move it an inch.

monero security has been breached, official websites serving exploits and otherwised compromised by teenaged American pimple faced nerds!!  reeeeeee

[dEBRUYNE]

GUI v0.15.0.1 'Carbon Chamaeleon' released!

https://www.reddit.com/r/Monero/comments/e0j98n/gui_v01501_carbon_chamaeleon_released/


CLI v0.15.0.1 'Carbon Chamaeleon' released!

https://www.reddit.com/r/Monero/comments/e0j5s1/cli_v01501_carbon_chamaeleon_released/

[Hueristic]

GUI v0.15.0.1 'Carbon Chamaeleon' released!

https://www.reddit.com/r/Monero/comments/e0j98n/gui_v01501_carbon_chamaeleon_released/


CLI v0.15.0.1 'Carbon Chamaeleon' released!

https://www.reddit.com/r/Monero/comments/e0j5s1/cli_v01501_carbon_chamaeleon_released/

Don't forget to check the signatures peops.

[cAPSLOCK]

I am interested in the fact XMR volume seems to be on the rise, or at least staying solid.

Any thoughts?

[Febo]

I am interested in the fact XMR volume seems to be on the rise, or at least staying solid.

Any thoughts?

There is a lot of talk about Monero. Any kind of talk. New protocol upgrade. New mining algo. Listing on exchanges and of exchanges. Bad guys trying to spread malware to mine Monero. Different crypto influencers talk about all that. When people learn about Monero are shocked of 0.1 cent transaction fees. And mostly are shocked, that Monero actually is what they thought they got when first bought Bitcoin.


Monero have usecase and it is used. That is why price when going down will go much less as of other useless coins. Monero ZEC price flippering happened a month or two ago. Now you can already get 2 ZEC for a Monero.

[Hueristic]

I am interested in the fact XMR volume seems to be on the rise, or at least staying solid.

Any thoughts?

There is a lot of talk about Monero. Any kind of talk. New protocol upgrade. New mining algo. Listing on exchanges and of exchanges. Bad guys trying to spread malware to mine Monero. Different crypto influencers talk about all that. When people learn about Monero are shocked of 0.1 cent transaction fees. And mostly are shocked, that Monero actually is what they thought they got when first bought Bitcoin.


Monero have usecase and it is used. That is why price when going down will go much less as of other useless coins. Monero ZEC price flippering happened a month or two ago. Now you can already get 2 ZEC for a Monero.

You hit that nail on the head, now if only the eco system gets integrated into mainstream markets. Also the transaction fees are something you don't hear enough about, I'm glad you mentioned that.

[elrippos friend]

I am interested in the fact XMR volume seems to be on the rise, or at least staying solid.

Any thoughts?

There is a lot of talk about Monero. Any kind of talk. New protocol upgrade. New mining algo. Listing on exchanges and of exchanges. Bad guys trying to spread malware to mine Monero. Different crypto influencers talk about all that. When people learn about Monero are shocked of 0.1 cent transaction fees. And mostly are shocked, that Monero actually is what they thought they got when first bought Bitcoin.


Monero have usecase and it is used. That is why price when going down will go much less as of other useless coins. Monero ZEC price flippering happened a month or two ago. Now you can already get 2 ZEC for a Monero.

You hit that nail on the head, now if only the eco system gets integrated into mainstream markets. Also the transaction fees are something you don't hear enough about, I'm glad you mentioned that.

It is a bit like mainstream media in the crypto world. The more users you gain, the uninformed user base grows, so this is a thing about education  

[Hueristic]

I am interested in the fact XMR volume seems to be on the rise, or at least staying solid.

Any thoughts?

There is a lot of talk about Monero. Any kind of talk. New protocol upgrade. New mining algo. Listing on exchanges and of exchanges. Bad guys trying to spread malware to mine Monero. Different crypto influencers talk about all that. When people learn about Monero are shocked of 0.1 cent transaction fees. And mostly are shocked, that Monero actually is what they thought they got when first bought Bitcoin.


Monero have usecase and it is used. That is why price when going down will go much less as of other useless coins. Monero ZEC price flippering happened a month or two ago. Now you can already get 2 ZEC for a Monero.

You hit that nail on the head, now if only the eco system gets integrated into mainstream markets. Also the transaction fees are something you don't hear enough about, I'm glad you mentioned that.

It is a bit like mainstream media in the crypto world. The more users you gain, the uninformed user base grows, so this is a thing about education  

No, you can never educate the masses. All you can do is provide them the tools to protect themselves and then convince them to use those tools.

The majority are morons who are manipulated by TPTB to believe what is good for the elite is good for them.

[Mbatu]

Monero is awesome!
I love real privacy cryptos: Monero and the up and coming Mimble Wimble tech like Grin and Epic Cash.
People need to know!

[elrippos friend]

I am interested in the fact XMR volume seems to be on the rise, or at least staying solid.

Any thoughts?

There is a lot of talk about Monero. Any kind of talk. New protocol upgrade. New mining algo. Listing on exchanges and of exchanges. Bad guys trying to spread malware to mine Monero. Different crypto influencers talk about all that. When people learn about Monero are shocked of 0.1 cent transaction fees. And mostly are shocked, that Monero actually is what they thought they got when first bought Bitcoin.


Monero have usecase and it is used. That is why price when going down will go much less as of other useless coins. Monero ZEC price flippering happened a month or two ago. Now you can already get 2 ZEC for a Monero.

You hit that nail on the head, now if only the eco system gets integrated into mainstream markets. Also the transaction fees are something you don't hear enough about, I'm glad you mentioned that.

It is a bit like mainstream media in the crypto world. The more users you gain, the uninformed user base grows, so this is a thing about education  

No, you can never educate the masses. All you can do is provide them the tools to protect themselves and then convince them to use those tools.

The majority are morons who are manipulated by TPTB to believe what is good for the elite is good for them.

Well you can try 

[KeyJockey]

No, you can never educate the masses. All you can do is provide them the tools to protect themselves and then convince them to use those tools.

The majority are morons who are manipulated by TPTB to believe what is good for the elite is good for them.

Well you can try  

"Never Wrestle With A Pig -
You'll Just Be The One Who Ends Up Getting Dirty.

And Besides... The Pig Likes It"

.

[Febo]

One hour left until the protocol upgrade. There is Monero coffee chat live right now and will last thru upgrade: https://www.youtube.com/watch?v=Cz_xiU_x9bs

[KeyJockey]

One hour left until the protocol upgrade. There is Monero coffee chat live right now and will last thru upgrade: https://www.youtube.com/watch?v=Cz_xiU_x9bs

Oh shit, really?  I just sent a small XMR transaction from one of my wallets to another.  Is that gonna be any problem?  Wasn't aware if there's a moratorium on TX while upgrade runs?  Or...?

Well it's only like twenty bucks worth anyway so no big deal if so.  Fingers crossed I guess LOL

[Febo]

One hour left until the protocol upgrade. There is Monero coffee chat live right now and will last thru upgrade: https://www.youtube.com/watch?v=Cz_xiU_x9bs

Oh shit, really?  I just sent a small XMR transaction from one of my wallets to another.  Is that gonna be any problem?  Wasn't aware if there's a moratorium on TX while upgrade runs?  Or...?

Well it's only like twenty bucks worth anyway so no big deal if so.  Fingers crossed I guess LOL

Definitely not. All you need is to have updated wallet at receiving end to use them after protocol upgrade happened. It went smooth as always. Merry RandomXmass and happy Chameleon everyone.



 

[Hueristic]

No, you can never educate the masses. All you can do is provide them the tools to protect themselves and then convince them to use those tools.

The majority are morons who are manipulated by TPTB to believe what is good for the elite is good for them.

Well you can try  

"Never Wrestle With A Pig -
You'll Just Be The One Who Ends Up Getting Dirty.

And Besides... The Pig Likes It"

ROTF, yeah you got that right!

Definitely not. All you need is to have updated wallet at receiving end to use them after protocol upgrade happened. It went smooth as always. Merry RandomXmass and happy Chameleon everyone.



 

Nice.

Well you can try  

Do it long enough and you will learn its a zero sum thankless game that will only age you prematurely.

[Febo]

Number of transactions is looking good in last 3 months.

                 Monero     Bitcoin       Ratio
Nov 2019   212,716   9,243,776   2.30%
Oct 2019   179,114   9,892,853  1.81%
Sep 2019   159,225   9,798,992   1.62%

[phishead]

Number of transactions is looking good in last 3 months.

                 Monero     Bitcoin       Ratio
Nov 2019   212,716   9,243,776   2.30%
Oct 2019   179,114   9,892,853  1.81%
Sep 2019   159,225   9,798,992   1.62%

You know it would be interesting to see a chart of historical BTC/XMR tx ratio vs. BTC/XMR price...

[jwinterm]

Number of transactions is looking good in last 3 months.

                 Monero     Bitcoin       Ratio
Nov 2019   212,716   9,243,776   2.30%
Oct 2019   179,114   9,892,853  1.81%
Sep 2019   159,225   9,798,992   1.62%

You know it would be interesting to see a chart of historical BTC/XMR tx ratio vs. BTC/XMR price...

https://bitinfocharts.com/comparison/transactions-btc-xmr.html#log

https://bitinfocharts.com/comparison/price-btc-xmr.html#log

Best I can do on mobile.

[Febo]

Today many transactions are made on lightning. But some say that a lot Bitcoins onchain transactions are just tumbling coins with hope to make them untraceable. So this numbers cant tell us much, but trend can always tells us something.