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newbie
Activity: 12
Merit: 0
August 03, 2014, 12:51:41 AM
#55
Alphabet problem was created by scams and "whistleblowers" so it is not exist. XMR is perfect.
True! The all arguments about this problem are fakes!
newbie
Activity: 12
Merit: 0
August 03, 2014, 12:34:21 AM
#54
Alphabet problem was created by scams and "whistleblowers" so it is not exist. XMR is perfect.
donator
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
August 02, 2014, 03:48:16 PM
#53
why do they keep changing the tag?

BCX is BitcoinExpress, not the Monero ticker symbol:) It's still XMR.
legendary
Activity: 1596
Merit: 1029
Sine secretum non libertas
August 02, 2014, 01:36:31 PM
#52
why do they keep changing the tag?

You may be referring to the BMR -> MRO -> XMR evolution.  The first change was early consensus of the community:  The project was renamed from bitmonero to monero, on semantic grounds.  The second change was for ISO compliance, so that in future XMR can interoperate with FX platforms with less disruption.
member
Activity: 70
Merit: 10
August 02, 2014, 12:13:39 PM
#51
why do they keep changing the tag?
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
August 02, 2014, 11:55:44 AM
#50
Even with BCX's explaining (thanks by the way), I'm still a bit worried. I think anonymity is a very important thing, but all these latest anon coins just seemed to be plagued with one issue after another.

I'm still waiting for something better.
newbie
Activity: 14
Merit: 0
August 02, 2014, 11:33:44 AM
#49
Monero has no alphabet problem. This problem was invented by the BTC scams so you shouldn't trust them.
sr. member
Activity: 280
Merit: 250
July 28, 2014, 10:06:15 AM
#48
You do realise that the number of transactions and users per day of Monero is MINIMAL (probably even less than 0.01% of bitcoin)

The true ratio is closer to 3%

Because it has happened so fast people do not understand how Monero has eclipsed 99% of altcoins. It is now #3 or #4 in terms of exchange volume. Blockchain volume ranking is probably comparable. http://www.coingecko.com/


Well, Bittrex has chosen BC to replace LTC as it's liquidity coin...
And the lagging and struggling Polo has chosen command line coin XMR as it's liquidity coin.

IF one wears blinders and views it as a race between BC and XMR...
(With LTC stagnating and become a very well-secured store of value)...

BC is light-years ahead of XMR in every way that matters to actual human beings...
Speed, liquidity, Dev team, PR, MultiPool, rolling out Gen 2.0 features...
Maybe XMR will have the crime level anon advantage it can split with DRK if a wallet ever happens.

These are both total darkhorses that came out of nowhere...
But if you spend an hour or two studying the 2 ecosystems...
(And ignore 1,000,000,000,000 posts of spam by Monero Truthers...  
Which reminds me of the endless HUBRIS on display in last year's Ripple fiasco)...
And see the collapse of BBR which is a much better CNote than XMR...

BC leaves XMR in the dust. So far.


PS.  It's great to see BCX no longer "out of the country"... and back on the street.

just so you know...bittrex-bill told people in chat this was a 'short term experiment' because blackcoin people begged.

they either supply real volume of the experiment goes bye-bye quick.

their ltc markets never had any volume either.
sr. member
Activity: 350
Merit: 254
July 28, 2014, 09:45:02 AM
#47
I was tracking this and i'm pleased by XMR resilience to be honest, it has proven itself somewhat.. to the point that (i hope) there will be less criticism for criticism's sake and more discussion of stuff which is interesting for all!  Wink
hero member
Activity: 700
Merit: 500
July 27, 2014, 09:51:00 PM
#46
BC leaves XMR in the dust. So far.

Yet BC (with all its polish) already trades at a much lower volume than XMR. Pretty sad considering XMR doesn't even have a GUI yet. I guess that just shows how much those "Gen 2.0" features are really worth.

One reason XMR trade volume is higher could be that it's actually safer to keep your XMR's on an exchange than withdrawing them to a wallet. BlackCoiners keep their coins in their wallets staking and securing the network.

What a bullshit argument, first of all it isn't safer to keep your XMR on an exchange because there are no problems with the wallet.

Also keeping XMR on an exchange doesn't increase trade volume, or do your coins automatically trade when you keep them on an exchange?

Along with the instamine investigation posted by rethink-your-strategy, Poloniex replacing their LTC markets with XMR markets and XMR's higher volume even when there isn't an official GUI wallet yet and the coin being newer it's pretty obvious which coin will come out on top.
hero member
Activity: 795
Merit: 514
July 27, 2014, 09:46:48 PM
#45
BC leaves XMR in the dust. So far.

Yet BC (with all its polish) already trades at a much lower volume than XMR. Pretty sad considering XMR doesn't even have a GUI yet. I guess that just shows how much those "Gen 2.0" features are really worth.

One reason XMR trade volume is higher could be that it's actually safer to keep your XMR's on an exchange than withdrawing them to a wallet. BlackCoiners keep their coins in their wallets staking and securing the network.

What?! Please explain why it's safer to keep your XMR on an exchange rather than your own wallet.
hero member
Activity: 966
Merit: 1003
July 27, 2014, 09:27:57 PM
#44
BC leaves XMR in the dust. So far.

Yet BC (with all its polish) already trades at a much lower volume than XMR. Pretty sad considering XMR doesn't even have a GUI yet. I guess that just shows how much those "Gen 2.0" features are really worth.

One reason XMR trade volume is higher could be that it's actually safer to keep your XMR's on an exchange than withdrawing them to a wallet. BlackCoiners keep their coins in their wallets staking and securing the network.
hero member
Activity: 795
Merit: 514
July 27, 2014, 09:17:00 PM
#43
BC leaves XMR in the dust. So far.

Yet BC (with all its polish) already trades at a much lower volume than XMR. Pretty sad considering XMR doesn't even have a GUI yet. I guess that just shows how much those "Gen 2.0" features are really worth.
legendary
Activity: 1588
Merit: 1000
July 27, 2014, 02:49:11 PM
#41
You do realise that the number of transactions and users per day of Monero is MINIMAL (probably even less than 0.01% of bitcoin)

The true ratio is closer to 3%

Because it has happened so fast people do not understand how Monero has eclipsed 99% of altcoins. It is now #3 or #4 in terms of exchange volume. Blockchain volume ranking is probably comparable. http://www.coingecko.com/


Well, Bittrex has chosen BC to replace LTC as it's liquidity coin...
And the lagging and struggling Polo has chosen command line coin XMR as it's liquidity coin.

IF one wears blinders and views it as a race between BC and XMR...
(With LTC stagnating and become a very well-secured store of value)...

BC is light-years ahead of XMR in every way that matters to actual human beings...
Speed, liquidity, Dev team, PR, MultiPool, rolling out Gen 2.0 features...
Maybe XMR will have the crime level anon advantage it can split with DRK if a wallet ever happens.

These are both total darkhorses that came out of nowhere...
But if you spend an hour or two studying the 2 ecosystems...
(And ignore 1,000,000,000,000 posts of spam by Monero Truthers...  
Which reminds me of the endless HUBRIS on display in last year's Ripple fiasco)...
And see the collapse of BBR which is a much better CNote than XMR...

BC leaves XMR in the dust. So far.


PS.  It's great to see BCX no longer "out of the country"... and back on the street.
sr. member
Activity: 469
Merit: 250
English Motherfucker do you speak it ?
July 27, 2014, 01:07:17 PM
#40
BCX replied he liked the coin and will mine it. I like that. He does in fact have a lot of hashing power I am sure.
legendary
Activity: 1232
Merit: 1011
Monero Evangelist
July 27, 2014, 10:08:48 AM
#39
It's pretty funny that some people really think "BCX" is some kind of expert or an respected authority, like Maxwell, Back or Atlas.

He is just an random poster with an abnormal bad history of failures during his "audit work" or whatever he is calling this scammy act, he is performing on this board. Just click on his profiles and open the threads he started. His success speaks for itself. ;)

It's well established, that he is an (advanced) con artist and not IT or crypto-currency expert of any kind. He earns from blackmailing projects (coins, exchanges and pools) and socializing donations.
hero member
Activity: 795
Merit: 514
July 26, 2014, 07:29:52 PM
#38
You do realise that the number of transactions and users per day of Monero is MINIMAL (probably even less than 0.01% of bitcoin)

I'll assume you're just misinformed and not maliciously spreading false information.
hero member
Activity: 504
Merit: 500
eidoo wallet
July 26, 2014, 04:33:52 PM
#37
Let me clarify a few things since I consider myself an expert on BCX LOL.

1) I never called or have I determined Monero to be a shitcoin. I clearly stated in my first post in another thread "that I had a few PM's asking me to *look at a shitcoin called Monero*"

2) I have never said I was going to attack it.

3) I am clearly in an evaluation mode and I am adding machines and rigs to it daily.

4) I am actually working on a solution to the diff exploit on my own as I do not play well in groups. I will share the code with TT if I am successful. The bloat issue is trivial, the devs could fix it tomorrow if they wanted.

5) Fluffy is correct, I do not possess magical powers. What I do posses is the ability conjecture up staggering amounts of cpu hashrate on demand, very large amounts of gpu and asic hashrates (I realize asics are useless here), a large network of like minded people, skill and more btc than I will ever spend as I was cpu mining Bitcoin pre GPU mining. This gives me the ability to bring enormous amounts of hash rate or traffic to any chain, pool or site I choose to. Some incorrectly accuse me of doing so maliciously Huh

6) Like a lot of the devs I have proven wrong time and time over, Fluffy and TT are incorrect about needing 51% to TW a chain. I nailed Auroracoin to the cross with ~20%. At this moment in time it would take me ~22 days to do so. It took me 12 days for AUR.

7) I think MRO has potential and more importantly Bitjohn has indicated to me that Cryptsy will implement MRO as soon as the technical situation is worked out. So mine and buy up people Crypto is evolving.


Hope that answers any questions.


~BCX~


Thank you for clarifying. Most people on this forum hate change, especially when that change, Monero, brings something truly, a fair emission rate/distribution, and promising technology that outbeats the coin they're holding.
legendary
Activity: 2968
Merit: 1198
July 26, 2014, 04:12:28 PM
#36
You do realise that the number of transactions and users per day of Monero is MINIMAL (probably even less than 0.01% of bitcoin)

The true ratio is closer to 3%

Because it has happened so fast people do not understand how Monero has eclipsed 99% of altcoins. It is now #3 or #4 in terms of exchange volume. Blockchain volume ranking is probably comparable. http://www.coingecko.com/

Exchange volume is not a blockchain transaction. The number of transactions occurring on the Monero blockchain per day compared to bitcoin is minuscule.

smooth isn't an idiot. Those are two separate points he's making and they are unrelated, you're conflating them:

1. Monero's average daily transactions are currently at around 3.3% of Bitcoin's average daily transactions.

2. Monero is consistently in the top 10 coins by exchange volume (often 3rd or 4th). CoinGecko gives a nice overview of liquidity, or Coinmarketcap -> sort by volume is also a good indicator. Exchange volume is very variable, of course.

More specifically I was making the point that the growth in activity (both exchange and blockchain) has been extremely fast, perhaps unprecedented.

The easy assumption to make is that because Monero is only 3 months old, the volume of transactions on the blockchain must be miniscule. That is false, if you agree that 3% of bitcoin is not minuscule of course (it is certianly not 0.01% of bitcoin). Arguably bitcoin volumes are minuscule compared to Visa or bank transfers.

This false assumption matters a lot because people look at the blockchain size or growth rate and infer that blockchain bloat relative to bitcoin is orders of magnitude when in fact it is a small (<10) constant factor.

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