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Spoetnik
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October 05, 2014, 04:48:54 AM
 #2061

drop the minigun smooth Grin

Kill streak bro.


for what calling Litecoin a clone of Bitcoin ?

the previous page before that you had some real winner comments too you guys quickly bumped away LOL
don't worry i will go grab one of them and bump it to remind you Wink

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Spoetnik
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October 05, 2014, 04:52:31 AM
 #2062

and.. you couldn't have just contributed to the Cryptonote project itself ?

Certainly not, since the Cryptonote project is and was a premine scam, complete with a fake blockchain, made up "deep web" backstory, forged document signatures, and both overt and covert coin mills pumping out clones to flood the market and try to crowd out any independent competitors (Monero is the only one I can definitively say is in that category, though there could be others), etc. The primary and original purpose of Monero was to take what valid technology Cryptonote had developed (though in many ways unfinished, since they rushed it to market as they saw the window for altcoin premine scams closing) and extract it from the premine scammers who were using it to rip people off (and in the process either inadvertently or deliberately broke their own anonymity tech, as our research showed) as well as continuing development on it with a somewhat less rushed "money grab" schedule.




so you built your beloved Monero clone coin (minor fork) from one of the scammiest coins of all time ?

wow.. YOU said it not me buddy LOL





ROFL

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October 05, 2014, 04:53:05 AM
 #2063

drop the minigun smooth Grin

Kill streak bro.


for what calling Litecoin a clone of Bitcoin ?

No, that's too obvious for bonus points.
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October 05, 2014, 04:58:39 AM
 #2064

and.. you couldn't have just contributed to the Cryptonote project itself ?

Certainly not, since the Cryptonote project is and was a premine scam, complete with a fake blockchain, made up "deep web" backstory, forged document signatures, and both overt and covert coin mills pumping out clones to flood the market and try to crowd out any independent competitors (Monero is the only one I can definitively say is in that category, though there could be others), etc. The primary and original purpose of Monero was to take what valid technology Cryptonote had developed (though in many ways unfinished, since they rushed it to market as they saw the window for altcoin premine scams closing) and extract it from the premine scammers who were using it to rip people off (and in the process either inadvertently or deliberately broke their own anonymity tech, as our research showed) as well as continuing development on it with a somewhat less rushed "money grab" schedule.

so you built your beloved Monero clone coin (minor fork) from one of the scammiest coins of all time ?

wow.. YOU said it not me buddy LOL
ROFL

Agree. We have always said that the cryptonote tech is interesting and the original reason for Monero was to take that interesting tech and exercise good custody and ongoing development of it in a non-scam way.

But if you would prefer the "original" (not a clone!) version complete with an 82% fraudulent premine and one of, if not the, shadiest developer in the entire history of altcoins, or one of the many clones created by the exact same developer, be my guest.

Spoetnik
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October 05, 2014, 06:46:15 AM
 #2065

using it as the base then would be smart ?

getting involved with Cryptonote at all would not make sense to me if it's as bad as you said.
i find it amusing you bend over backwards trying to make Monero look good burying it deeper and deeper LOL

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October 05, 2014, 09:04:16 AM
 #2066

using it as the base then would be smart ?

That depends if you believe the technology has merit on its own independent of the scammers who created it (or at least initially promoted it, since we don't even really know where it came from), as we do.

Quote
getting involved with Cryptonote at all would not make sense to me if it's as bad as you said.

I most certainly would not recommend "getting involved" with the Cryptonote group, but you are free to decide what to get involved with. Apparently you think "JackpotCoin" and "Max Coin" are worthwhile, so I would guess we would tend to disagree about these things.

Quote
i find it amusing you bend over backwards trying to make Monero look good burying it deeper and deeper LOL

Keep the softballs coming please. I do enjoy the break from people who actually have substantiative criticisms (on rare occasion).

For extra credit, please create a few more anti-Monero threads. We don't really get enough exposure yet.



TheFascistMind
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October 05, 2014, 09:31:39 AM
 #2067

Spoetnik, let's evaluate the technology on its merits.
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October 05, 2014, 11:16:57 AM
 #2068

almost free for all already  Grin
coinits
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October 05, 2014, 12:27:42 PM
 #2069

using it as the base then would be smart ?

getting involved with Cryptonote at all would not make sense to me if it's as bad as you said.
i find it amusing you bend over backwards trying to make Monero look good burying it deeper and deeper LOL

You do the same for that shitcoin Jackpot coin. Give it up troll!

Jump you fuckers! | The thing about smart motherfuckers is they sound like crazy motherfuckers to dumb motherfuckers. | My sig space for rent for 25 btc per week.
TheFascistMind
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October 05, 2014, 01:06:31 PM
 #2070

almost free for all already  Grin

Before both dips from the $500 - $600 BTC level, I stated it would fall to $350 - $400. I have even been comparing it to silver's decline. Recently when BTC dropped below $400 and then bounced to $440, I said it was going to $200 - $300, probably $200 and that would be a firm bottom to start a new bubble.

I pounded the table to my whales to dump BTC at $485 recently and so they would maintain their fiat wealth.

Some of those predictions were in public posts.

Quote from: prvt msg on Oct 1
If I am correct, the altcoins will be dragged down with BTC. We are not going to bottom until the Winkervoss ETF is launched.

I don't know this for sure. I only have a 50% chance of being correct. I correctly called the prior two declines from the $500s to $300s. Hope you all sold in the high $400s and repurchased below $400 as I suggested. I am selling this bounce we have now. But that doesn't mean I will be correct from here. With 2 correct calls, it is more likely I will be incorrect on this 3rd one.

There is much more room to the upside than to the downside.

However, the BTC chart looks just like silver's decline. It bottomed twice at $26, before collapses to $17. BTC has bottomed twice at $350ish. I think we will break through and head to $200 probably by December when the tax selling season peaks:

https://www.cryptocoinsnews.com/bitcoin-price-forecast-and-beware-bitcoin-regulation/

http://cointelegraph.com/news/112576/bitcoin-analysis-week-of-sep-21-wealth-management-pt-i

The bullish charts are much more short-term thus don't have the same veracity to me:

https://www.tradingview.com/s/bitcoin


Armstrong is correct the dollar is coming stronger. Capital is moving out of alternative investments into mainstream dollar investments such as stock market and real estate. We have a hell of a run to $1100, with 100 - 1000X gains. That has to unwind before we can set a new bottom and go up again. The Bitcoiners have to hate Bitcoin before we reach a bottom, just like silver investors have been destroyed.

I could be wrong! Don't blame me if you follow me and miss a big rise in the BTC price.

I suggest moving something like 25 - 50% of your crypto-currency holdings to dollars cash if they are a sizeable portion of your liquid net worth.

Thoughts?
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October 05, 2014, 01:45:38 PM
 #2071

Why don't you guys keep circle jerking each other?

Reach arounds for all in this thread apparently.

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crypto_zoidberg
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October 05, 2014, 01:55:50 PM
 #2072

......

I didn't say change a key image after the fact. I said that you can't independently verify that it is valid once the ring sigs are gone. You are trusting that at some time in the past a consistent ring sig and key image ever existed. After trimming you can only see the key image, not the rest. And without the rest you can't verify its validity, only its uniqueness (VER step vs. LNK step in the white paper).


I see your point, but disagree with you. Imo there is no need to keep this RS in blockchain, if it covered by checkpoints, esspecially because RS is not validating under check points.
Evidense may be available from developers, in case of someone do not trust dev's checkpoints, but as i said there is no reason of burdening with that crap whole cryptocurrency network.


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October 05, 2014, 04:07:01 PM
 #2073

using it as the base then would be smart ?

getting involved with Cryptonote at all would not make sense to me if it's as bad as you said.
i find it amusing you bend over backwards trying to make Monero look good burying it deeper and deeper LOL

You do the same for that shitcoin Jackpot coin. Give it up troll!

what i made a coin off of it ? used JPC as a base ?
no.. i have never had anything to do with making any coin ever in any way.

have i supported it ? yup Smiley
why not ? when it came out it had innovation that was quickly copied and it was and is still a fun coin to take part in.
the dev has done a magnificent impressive job too.. he has supported it big time !
the only draw back is it had a premine and he gave it out and it can be proven easily by reading the ANN topic.
i also like the idea of supporting coins that may not be perfect because it shows i am not trying to be an angel around the scene.
I hope people "try" overall but i don't expect perfection.
Why would i get involved in a coin that is going to make me look bad ? make sense ?

and Troll ?
yeah the usual attack on ME and Jackpot coin..that is original did you just think of that ? LOL
You troll on me and finish it with calling me a troll.. that is cute ahhaha

so since you want to hijack & Troll on me with this topic i will take the time here to say the Jackpot Coin dev is working on wallet v1.6 right now Smiley
and JPC uses the JHA also which is cooler and more efficient than any X11 or X13 algo or even Scrypt !
JackpotCoin is a POS coin with no limit to staking (i have been staking for months) and it has a nice pay out rate Smiley
I have never won the Jackpot all to myself with POW mining but i have been on Pools that have lots !
Also Jackpot Coin has the first system that uses two different algo's for POS and POW.
For more information see the link in my sig here Wink

oh and..
Monero !!!!1111ONE
BUY IT !!!
I need your Bitcoin LOL
..yadda yadda yadda Lambo'z   Roll Eyes

FUD first & ask questions later™
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October 05, 2014, 04:10:08 PM
 #2074

using it as the base then would be smart ?

getting involved with Cryptonote at all would not make sense to me if it's as bad as you said.
i find it amusing you bend over backwards trying to make Monero look good burying it deeper and deeper LOL

don't you have some trannies to bang you sick freak?

care to elaborate ?

FUD first & ask questions later™
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October 05, 2014, 04:13:08 PM
 #2075

I see your point, but disagree with you. Imo there is no need to keep this RS in blockchain, if it covered by checkpoints, esspecially because RS is not validating under check points.
Evidense may be available from developers, in case of someone do not trust dev's checkpoints, but as i said there is no reason of burdening with that crap whole cryptocurrency network.

I don't think we even disagree. I didn't say it was a "bad" feature overall. I described it as a tradeoff between being able to independently verify (without relying on trust of the developer's checkpoints) and less space carried in the blockchain. That is exactly what you just described.

We had a similar discussion about downloading a blockchain snapshot from the developer (which Monero often recommends and BBR does not). In this case Monero is relying an increased trust (of developer) model by recommending that people do this, with the advantage being faster bootstrapping.

Again these are all tradeoffs.

TheFascistMind
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October 05, 2014, 10:46:06 PM
 #2076

Looks like we are following silver's pattern. As the dollar is going stronger for the reasons Armstrong has explained.

Looks like we won't bottom until everyone hates Bitcoin and especially altcoins.

As with silver, don't try to catch a falling knife nor call the bottom. Sell the bounces. Don't buy until the pessimism can't get any worse, i.e. all the permabulls who are going to do so then have done the action of selling out.

Btw, I don't think silver and gold have bottomed. Still thinking gold will bottom at or below $1000, thus silver $17 or below.
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October 05, 2014, 10:54:02 PM
 #2077

Don't buy until the pessimism can't get any worse

Good advice. Technology changes, but human psychology and markets stay the same.
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October 05, 2014, 11:07:27 PM
 #2078

Don't buy until the pessimism can't get any worse

Good advice. Technology changes, but human psychology and markets stay the same.

It is not likely, but it is within the realm of very remote possibility that there could come along some altcoin during this downtrend that is so highly adopted by normal internet users that it sucks capital away from everything else that is falling; thus it would be a counter trend asset because it was fundamentally different market in that it is targeted to users and not investors.

Other than that, I see all altcoins being dragged down by Bitcoin.

What would it take to be targeted to normal internet users? It would need to offer something normal internet users need and don't need to be convinced they need.
coinits
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October 05, 2014, 11:11:33 PM
 #2079

Don't buy until the pessimism can't get any worse

Good advice. Technology changes, but human psychology and markets stay the same.

It is not likely, but it is within the realm of very remote possibility that there could come along some altcoin during this downtrend that is so highly adopted by normal internet users that it sucks capital away from everything else that is falling; thus it would be a counter trend asset because it was fundamentally different market in that it is targeted to users and not investors.

Other than that, I see all altcoins being dragged down by Bitcoin.

What would it take to be targeted to normal internet users? It would need to offer something normal internet users need and don't need to be convinced they need.

I thought that BURST was such a coin but it has had its life sucked out of it too.

Jump you fuckers! | The thing about smart motherfuckers is they sound like crazy motherfuckers to dumb motherfuckers. | My sig space for rent for 25 btc per week.
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October 05, 2014, 11:19:30 PM
 #2080

Don't buy until the pessimism can't get any worse

Good advice. Technology changes, but human psychology and markets stay the same.

It is not likely, but it is within the realm of very remote possibility that there could come along some altcoin during this downtrend that is so highly adopted by normal internet users that it sucks capital away from everything else that is falling; thus it would be a counter trend asset because it was fundamentally different market in that it is targeted to users and not investors.

Other than that, I see all altcoins being dragged down by Bitcoin.

What would it take to be targeted to normal internet users? It would need to offer something normal internet users need and don't need to be convinced they need.

I thought that BURST was such a coin but it has had its life sucked out of it too.

Most internet users, if they need distributed storage, don't need to replace dropbox, etc. Or if they do, they would need to be convinced of it.
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