[XMR] Monero Speculation

[phishead]

Speculators gonna speculate.

If you want to enter for a chance to win a loaded 0.1 XMR note, please reply to this tweet.  Good luck!

https://twitter.com/_floam412/status/1234306892534554624?s=21

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[USBitcoinServices.Com]

The government keeps demanding proof of source of funds for bitcoin more and more. Also, wait til you see what Steve Mnuchin has in store for us later in the year. Government heavy handedness will drive people into the loving arms of morono.

And now people have more choices among Monero as privacy cryptocurrencies, others like ONION or Zcash are getting attention from those willing to recover their privacy rights.

[Globb0]

hahahaha

good one

[BayAreaCoins]

We have lowered our trade fees to .2%, and if you self affiliate, that will save you 50% on that as well.

https://freebitcoins.com/xchange/market/BTC_XMR

Our API for people avoiding javascript:  https://github.com/FreeBitcoins-com/docs

We are here if y'all need us for an arena to trade in.

[Febo]

Two projects are on Monero and Tari testnet.

https://www.monerooutreach.org/stories/dandelion.html

https://github.com/tari-project/tari/releases/tag/v0.0.9

While Dandelion will help with anonymity, I am not fully sure how will Tari help beside helping securing the network. I guess now when more people will check it out we will know more. It took year and a half of development since it was announced.

[leea-1334]

Two projects are on Monero and Tari testnet.

Loving Dandelion marketing too,,, and loving that we got to wait this long and still no steam lost. Did anyone else notice the sudden moves on orderbooks yesterday on Bittrex? None got taken but they appeared in a bunch and then just disappeared (or I imagined it but that is very rare for me).

[phishead]

Two projects are on Monero and Tari testnet.

https://www.monerooutreach.org/stories/dandelion.html

https://github.com/tari-project/tari/releases/tag/v0.0.9

While Dandelion will help with anonymity, I am not fully sure how will Tari help beside helping securing the network. I guess now when more people will check it out we will know more. It took year and a half of development since it was announced.

I think these two things are huge for Monero as a whole, and here's why:

1) Tari:  To those who use Ethereum but don't trust the people behind Ethereum and such to not roll back transactions, this is going to be a game changer.  I completely understand when people poo-poo on the idea of smart contracts (which I do sometimes too), but think about what Bitcoin and Monero are trying to do here... subvert around government control while also using a trustless protocol to transact money between two parties.  I think smart contracts are equally, if not more dynamically important in the long run for a functional society.  

We still rely on lawyers and government to be able to take out a loan and pay your mortgage, enforce your will when you pass away, etc.  To have a way to create smart contracts on a platform that allows a NFT to exist, while doing so in a way that obscures your personal identity on the "public ledger" is a huge fucking deal.  Just like with banks who don't publicly broadcast to everyone that you just received your paycheck for $xxxx.xx, lawyers don't publicly broadcast that you are issuing a contract to buy a plot of land from somebody.

And it's not just the "major" contracts you encounter on your every day life... It can be away for people to subvert centralized entities such as Ticketmaster, who have been caught price gouging tickets they sell on there by unfairly forcing artists, sports teams, etc. to use their platform to sell.  It's huge to allow peasants like ourselves to directly do business with one another without having to jump through hoops in order to get a slice of the pie.

2) Dandelion++)  I remember when I first got into Monero I was nervous about running a node because I remember I was the only node at the time being ran in my state (US).  The fact that there is a way to cut obscure the last frontier of vulnerability that Monero has is huge for obvious reasons.  But the biggest reason that I can think of is that it allows citizens that are overtly controlled by their government in every way possible, such as China, to run, use and mine Monero without fear in the short term of being located on a map of active nodes.

[bitebits]

^ I had the same concern at the time phishead. There were only 200 nodes in total However I do think Dandelion does not resolve your ISP and others knowing there is a Monero node running on your IP address. It solves that a transaction cannot be linked to an IPadress anymore.

[phishead]

^ I had the same concern at the time phishead. There were only 200 nodes in total However I do think Dandelion does not resolve your ISP and others knowing there is a Monero node running on your IP address. It solves that a transaction cannot be linked to an IPadress anymore.

Ahh ok, yeah now I remember at the end of that article it mentions the need to still probably use a VPS or whatever... but still, I will take any progress on protecting IP addresses from being linked to xmr use

[smooth]

^ I had the same concern at the time phishead. There were only 200 nodes in total However I do think Dandelion does not resolve your ISP and others knowing there is a Monero node running on your IP address. It solves that a transaction cannot be linked to an IPadress anymore.

Ahh ok, yeah now I remember at the end of that article it mentions the need to still probably use a VPS or whatever... but still, I will take any progress on protecting IP addresses from being linked to xmr use

Dandelion doesn't address linking your IP to Monero use. What it does do is make it much harder for other nodes to link your IP to your specific transactions. (To be clear it already wasn't trivial or even easy, but with Dandelion it is much harder still, and since it is built in and everyone is using it, this makes the task of mapping Monero transactions overall much harder and helps everyone.)

If you want to hide your Monero usage altogether you need to use VPN/Tor/I2P.

[Chicken_76]

^ I had the same concern at the time phishead. There were only 200 nodes in total However I do think Dandelion does not resolve your ISP and others knowing there is a Monero node running on your IP address. It solves that a transaction cannot be linked to an IPadress anymore.

Running a node is not illegal, I think. Let's hope that doesn't change. You don't have to own Monero to run the node.

[bitebits]

^ I had the same concern at the time phishead. There were only 200 nodes in total However I do think Dandelion does not resolve your ISP and others knowing there is a Monero node running on your IP address. It solves that a transaction cannot be linked to an IPadress anymore.

Running a node is not illegal, I think. Let's hope that doesn't change. You don't have to own Monero to run the node.

Why would running a node or owning Monero be illegal? It is just that I value my privacy. Therefore at the time I used a VPS to run a node in a foreign country that did not have a node yet. Nowadays from home because my ISP reports a single location for all their IP’s and my upload speed went x5.

[phishead]

^ I had the same concern at the time phishead. There were only 200 nodes in total However I do think Dandelion does not resolve your ISP and others knowing there is a Monero node running on your IP address. It solves that a transaction cannot be linked to an IPadress anymore.

Running a node is not illegal, I think. Let's hope that doesn't change. You don't have to own Monero to run the node.

Why would running a node or owning Monero be illegal? It is just that I value my privacy. Therefore at the time I used a VPS to run a node in a foreign country that did not have a node yet. Nowadays from home because my ISP reports a single location for all their IP’s and my upload speed went x5.

In a very dystopian future type of mentality, I could see where governments might link anyone running a monero node as an equivalent of aiding in money laundering or something to that extent.

My question is this though... why is it that we don’t bake tor to be ran by default for the GUI/CLI clients? Just like with Bisq for example?

Edit: I realize there are vulnerabilities with tor in that you can’t trust that all the nodes are honest nodes and might be used to de anonymize people’s true IP’s (if you aren’t using VPN)... however it seems like the best candidate for the time being?

[Hueristic]

Missed the bottom but got some at .007016  


Shit should have waited a  little longer!

[Dotto]

Great fish, Heur. Maybe we havent touch the floor yet, but there´s some vectors pointing to a crypto massive surge from 21 march till somewhere april/may... I would say it´s hoarding time for like 2 weeks, then there could come higher highs, maybe even ATHs in the main coins in the cryptosphere

[tokeweed]

Two projects are on Monero and Tari testnet.

https://www.monerooutreach.org/stories/dandelion.html

https://github.com/tari-project/tari/releases/tag/v0.0.9

While Dandelion will help with anonymity, I am not fully sure how will Tari help beside helping securing the network. I guess now when more people will check it out we will know more. It took year and a half of development since it was announced.

I think these two things are huge for Monero as a whole, and here's why:

1) Tari:  To those who use Ethereum but don't trust the people behind Ethereum and such to not roll back transactions, this is going to be a game changer.  I completely understand when people poo-poo on the idea of smart contracts (which I do sometimes too), but think about what Bitcoin and Monero are trying to do here... subvert around government control while also using a trustless protocol to transact money between two parties.  I think smart contracts are equally, if not more dynamically important in the long run for a functional society.  

We still rely on lawyers and government to be able to take out a loan and pay your mortgage, enforce your will when you pass away, etc.  To have a way to create smart contracts on a platform that allows a NFT to exist, while doing so in a way that obscures your personal identity on the "public ledger" is a huge fucking deal.  Just like with banks who don't publicly broadcast to everyone that you just received your paycheck for $xxxx.xx, lawyers don't publicly broadcast that you are issuing a contract to buy a plot of land from somebody.

And it's not just the "major" contracts you encounter on your every day life... It can be away for people to subvert centralized entities such as Ticketmaster, who have been caught price gouging tickets they sell on there by unfairly forcing artists, sports teams, etc. to use their platform to sell.  It's huge to allow peasants like ourselves to directly do business with one another without having to jump through hoops in order to get a slice of the pie.

Just shows how Monero devs and the XMR community are more open on having their project adapt and be flexible unlike the BTC devs and the maxis.  It's the reason why ETH was made.  The BTC devs would have none of it so VB left and brought a lot of people from the BTC community with him.

[BuHoBeH]

The current price of monero is simply awesome to buy in your portfolio

[phishead]

Soon people will realize the issue of hyperinflation that's about to happen to the USD... AKA the world reserve currency.  Things are about to go side ways gentlemen.  DYOR, stay safe and wash your god damn hands.

[tokeweed]

^  USD hyperinflation?  I don't think it will get to that point tbh.  I think it would've happened already if it was close to the realm of possibility.

[Febo]

It is funny to see that Dow Jones was last time this low as now in mid 2017, at almost same time as Monero was last time sub $30 as right now.  Bitcoin still need to drop a bit to sync with Monero and Dow Jones.