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Topic: Monero (XMR) Speculation thread - page 38. (Read 50274 times)

legendary
Activity: 1498
Merit: 1000
June 27, 2014, 10:46:56 AM
#91
Just started digging into Monero and trying to set up a wallet, which is difficult as I am not a developer.

Do you guys think this is a good time to buy?
Where is the best place to buy? Mintpal?
Is there an easier option for storage besides trying to create my own wallet?


Everyone thinks it's a terrible time to buy - so it's probably the perfect time -


hero member
Activity: 715
Merit: 500
June 27, 2014, 10:42:25 AM
#90
Just started digging into Monero and trying to set up a wallet, which is difficult as I am not a developer.

Do you guys think this is a good time to buy?
Where is the best place to buy? Mintpal?
Is there an easier option for storage besides trying to create my own wallet?
legendary
Activity: 1470
Merit: 1007
June 23, 2014, 03:11:07 AM
#89
Nice corrective trend so far, down from the poloniex ATH ("ATH" by dismissing the very first trades at 0.01). Almost perfectly within the maximum bounds of corrective retracement, without turning into a dump. Either the result of a remarkably mature market, or we have a benevolently guiding whale Smiley

EDIT (a day later): boy, that escalated quickly... down to 0.0048, but already on the rebound half a day later. Next stop, 0.0068?
legendary
Activity: 1232
Merit: 1011
Monero Evangelist
June 20, 2014, 01:13:09 AM
#88
Anon coins are going to blow up bigger than any other coins. There, I said it Smiley
Why? Well, Andresen already said he doesn't want to implement coinjoin into bitcoin. So, the traceability is an issue for all the criminal types. Anon coins bring solution. Would not be surprised if monero/darkcoin trade at a significant price.
And Wladimir said we would and will implement Coinjoin in BTC ...
newbie
Activity: 23
Merit: 0
June 19, 2014, 08:54:47 PM
#87
I think monero is great! I'm not sure what will happen with all the cryptonote clones though. Monero had such a small head start, and I think it's possible a CN clone could end up being more valuable if it added a new feature ahead of monero. Monero hasn't had enough time to establish a network effect, so the competition will be very interesting to watch. I'm buying a little of all of the main CN clones, except the ones from presidentcoin & his university buddies. They look a bit flakey. Student projects ... come on, this is serious stuff involving peoples money!!

Anything on this page is worth a look https://cryptonote.org/coins.php
legendary
Activity: 2968
Merit: 1198
June 19, 2014, 07:27:32 PM
#86
For anyone trying to measure out their "code update" dicks, please consider taking a look at:

Monero github : 131 commits, last commit 19 hours ago, 12 contributors, pulse: has one

Bytecoin github : 46 commits, last commit May 22, 5 contributors, pulse: non-existant

It's not a competition .. I mean don't you have a Bytecoin speculation thread to be posting all these fudnuggets in?
Lol. MRO's developers do not merge the code at GitHub. You know why? Becuae they just ctrl+c and ctrl+v chunks of code. They just jerking of in trying to imitate some intense activity, but their commits show that all real changes appear after it had been deposited at BCN. And they do not even care to mention that the code is taken from BCN which (sounds ironically) is mere stealing and violation of open-source technology regulations.

Links or STFU.
newbie
Activity: 56
Merit: 0
June 16, 2014, 03:03:48 AM
#85
Anon coins are going to blow up bigger than any other coins. There, I said it Smiley
Why? Well, Andresen already said he doesn't want to implement coinjoin into bitcoin. So, the traceability is an issue for all the criminal types.

I wish people would stop associating "anon" with criminality - this is garbage and not the reason why "anon" is important.

It's important because in most societies, peoples finances are not in the public domain.

It's got nothing to do with "criminality" it's to do with privacy. In the fiat world, personal and commercial banking transactions are not anonymous but they are private. That's what's missing from Bitcoin - at least as far as potential association of identifiable entities with block chain addresses goes.

This brings up a great point that I feel is shared very clearly by gmaxwell in his thread describing Coinjoin. :

Bitcoin is often promoted as a tool for privacy but the only privacy that exists in Bitcoin comes from pseudonymous addresses which are fragile and easily compromised through reuse, "taint" analysis, tracking payments, IP address monitoring nodes, web-spidering, and many other mechanisms. Once broken this privacy is difficult and sometimes costly to recover.

Traditional banking provides a fair amount of privacy by default. Your inlaws don't see that you're buying birth control that deprives them of grand children, your employer doesn't learn about the non-profits you support with money from your paycheck, and thieves don't see your latest purchases or how wealthy you are to help them target and scam you. Poor privacy in Bitcoin can be a major practical disadvantage for both individuals and businesses.

Even when a user ends address reuse by switching to BIP 32 address chains, they still have privacy loss from their old coins and the joining of past payments when they make larger transactions.

Privacy errors can also create externalized costs: You might have good practices but when you trade with people who don't (say ones using "green addresses") you and everyone you trade with loses some privacy.  A loss of privacy also presents a grave systemic risk for Bitcoin:  If degraded privacy allows people to assemble centralized lists of good and bad coins you may find Bitcoin's fungibility destroyed when your honestly accepted coin is later not honored by others, and its decentralization along with it when people feel forced to enforce popular blacklists on their own coin.

As I write this people with unknown motivations are raining down tiny little payments on old addresses, presumably in an effort to get wallets to consume them and create evidence of common address ownership.

I think this must be improved, urgently.

...

Anyone that wants to understand this increasing demand for privacy in cryptocurrencies lately would do very well reading his thread.
legendary
Activity: 3066
Merit: 1188
June 16, 2014, 02:53:32 AM
#84
Anon coins are going to blow up bigger than any other coins. There, I said it Smiley
Why? Well, Andresen already said he doesn't want to implement coinjoin into bitcoin. So, the traceability is an issue for all the criminal types.

I wish people would stop associating "anon" with criminality - this is garbage and not the reason why "anon" is important.

It's important because in most societies, peoples finances are not in the public domain.

It's got nothing to do with "criminality" it's to do with privacy. In the fiat world, personal and commercial banking transactions are not anonymous but they are private. That's what's missing from Bitcoin - at least as far as potential association of identifiable entities with block chain addresses goes.

As far as "criminality" goes, bitcoin and "anonymous coin" will probably be used just as much as each other to store the proceeds of illegal activities, bit coin probably more. The proceeds of crime right now are stored in US Dollars even though it's not "anonymous".

legendary
Activity: 2968
Merit: 1198
June 15, 2014, 06:16:54 PM
#83
Botnets are a non-issue dude, they're a finite resource that most people need to pay for. Anyone owning high end GPU cards should have an antivirus .. end of story (in fact most monero virsues are picked up quite fast these days because of the unicorn botnets).
Since when botnets and virsuses stop being a problem?
Viruses makes currency using unfair. Botnets makes currency not liquid. Imo you are not right, bro.


Botnets have zero effect on a currency being liquid. This is one of the stupidest arguments ever.

It doesn't really matter who mines the coins. Botnets secure the block chain just like everyone else, and as explained they are a finite resource, they will come and go depending on the profitability of mining one coin vs. mining another coin vs. doing something other than mining.  Mining is actually not really their ideal use because it has a high footprint, so increased detection (and therefore elimination) of nodes.

Also, since you seem to be one of the BCN sock puppets, I'll point out that BCN is exactly the same as MRO mining. Botnets are an issue for both or neither. (I think neither, but if you disagree, and think both, then take it up with the BCN guys too.)
sr. member
Activity: 322
Merit: 250
June 15, 2014, 01:03:25 PM
#82
Just lol at BCN bagholders.
newbie
Activity: 56
Merit: 0
June 15, 2014, 11:47:42 AM
#81
But people don't want to pay for other scams. That's why it's a problem.

And now we've come full circle. If they don't want to pay for this 'scam' as you'd like to call it, they'll take either precautions to prevent it or utilize the dormant resources themselves Wink. Free marketing.
hero member
Activity: 588
Merit: 504
June 15, 2014, 11:44:43 AM
#80
For anyone trying to measure out their "code update" dicks, please consider taking a look at:

Monero github : 131 commits, last commit 19 hours ago, 12 contributors, pulse: has one

Bytecoin github : 46 commits, last commit May 22, 5 contributors, pulse: non-existant

It's not a competition .. I mean don't you have a Bytecoin speculation thread to be posting all these fudnuggets in?
Lol. MRO's developers do not merge the code at GitHub. You know why? Becuae they just ctrl+c and ctrl+v chunks of code. They just jerking of in trying to imitate some intense activity, but their commits show that all real changes appear after it had been deposited at BCN. And they do not even care to mention that the code is taken from BCN which (sounds ironically) is mere stealing and violation of open-source technology regulations.

To be fair, they've credited boolberry devs any time they've done a ctrl+c and v there
newbie
Activity: 56
Merit: 0
June 15, 2014, 11:39:42 AM
#79
Lol. MRO's developers do not merge the code at GitHub. You know why? Becuae they just ctrl+c and ctrl+v chunks of code. They just jerking of in trying to imitate some intense activity, but their commits show that all real changes appear after it had been deposited at BCN. And they do not even care to mention that the code is taken from BCN which (sounds ironically) is mere stealing and violation of open-source technology regulations.

That's awkward, who are all those people merging code into the master that aren't BCN devs though? It's wierd that I have an electrum seed with Monero, and not BCN. It's wierd that there's actually an improving api. The funniest part is that developers of the BCN code have not only accepted Monero as a currency, they've embraced it and more.

Quote from: CryptoNote

Perhaps we were slightly over-focused on the technology experiments. What you are doing to spread the word about CryptoNote can actually be even more important and we urge you to proceed. We see your point in blaming BCN's developers for their own vision on cryptocurrencies.

There is an issue in Bitcoin, for instance, which we see as one of its major drawbacks. The core team seems to be too small to keep maintaining the code base efficiently, while the majority of the services and activists is focused on spreading the word about their businesses. This narrow interest is what we fear might happen to CryptoNote. That is why we are eager to persist this technology-driven development. I hope this clarifies our position.


The code developers are quoted in every file in the github, save for epee. You should try harder little fella.
legendary
Activity: 1428
Merit: 1001
getmonero.org
June 15, 2014, 11:04:18 AM
#78
For anyone trying to measure out their "code update" dicks, please consider taking a look at:

Monero github : 131 commits, last commit 19 hours ago, 12 contributors, pulse: has one

Bytecoin github : 46 commits, last commit May 22, 5 contributors, pulse: non-existant

It's not a competition .. I mean don't you have a Bytecoin speculation thread to be posting all these fudnuggets in?
Lol. MRO's developers do not merge the code at GitHub. You know why? Becuae they just ctrl+c and ctrl+v chunks of code. They just jerking of in trying to imitate some intense activity, but their commits show that all real changes appear after it had been deposited at BCN. And they do not even care to mention that the code is taken from BCN which (sounds ironically) is mere stealing and violation of open-source technology regulations.

Did you guys get bored with circlejerking at BCN thread and decided to spam with all those June created accounts in this thread?
newbie
Activity: 10
Merit: 0
June 15, 2014, 10:31:52 AM
#77
For anyone trying to measure out their "code update" dicks, please consider taking a look at:

Monero github : 131 commits, last commit 19 hours ago, 12 contributors, pulse: has one

Bytecoin github : 46 commits, last commit May 22, 5 contributors, pulse: non-existant

It's not a competition .. I mean don't you have a Bytecoin speculation thread to be posting all these fudnuggets in?
Lol. MRO's developers do not merge the code at GitHub. You know why? Becuae they just ctrl+c and ctrl+v chunks of code. They just jerking of in trying to imitate some intense activity, but their commits show that all real changes appear after it had been deposited at BCN. And they do not even care to mention that the code is taken from BCN which (sounds ironically) is mere stealing and violation of open-source technology regulations.
newbie
Activity: 21
Merit: 0
June 15, 2014, 10:17:57 AM
#76

What makes you think they're a problem for the currency? They're a problem for the person that allows themselves to be exploited, and the law by which that person was supposed to be governed by, but not the Monero currency. Unfairness is part of life.Completely removing the biggest base of the 'botnets', which are going to be guys just renting a bunch of EC2 instances and focusing only on the viral software .. just because someone gets richer than me by stealing doesn't mean I should be blaming myself for making too little, or them for too much. What I should be asking is, if they haven't been caught .. then why am I really not doing it? Why wouldn't they be richer than me? They're cheating, stealing things that nobody has 100% control over. Someone is paying for that, it is still maintained that the same market price is paid by all ..
What can hurt coin consumers - will hurt currency. You don't need to be genius to realize it. The fact is a lot of users are not technically-educated. It's difficult to them to stay safe from viruses or meet with unfairness. That's why it's a problem of monero. Yeah, you are right that someone is paying for that. But people don't want to pay for other scams. That's why it's a problem
newbie
Activity: 56
Merit: 0
June 15, 2014, 09:26:52 AM
#75
Botnets are a non-issue dude, they're a finite resource that most people need to pay for. Anyone owning high end GPU cards should have an antivirus .. end of story (in fact most monero virsues are picked up quite fast these days because of the unicorn botnets).
Since when botnets and virsuses stop being a problem?
Viruses makes currency using unfair. Botnets makes currency not liquid. Imo you are not right, bro.


What makes you think they're a problem for the currency? They're a problem for the person that allows themselves to be exploited, and the law by which that person was supposed to be governed by, but not the Monero currency. Unfairness is part of life.Completely removing the biggest base of the 'botnets', which are going to be guys just renting a bunch of EC2 instances and focusing only on the viral software .. just because someone gets richer than me by stealing doesn't mean I should be blaming myself for making too little, or them for too much. What I should be asking is, if they haven't been caught .. then why am I really not doing it? Why wouldn't they be richer than me? They're cheating, stealing things that nobody has 100% control over. Someone is paying for that, it is still maintained that the same market price is paid by all .. nothing is lost and this is not a violation of any physical law. Monero developers can't be crucified for this, no developers (other than the ones actually doing the stealing) can be held in contempt for that .. it just doesnt make sense. It would be neat it if we could all have the exact same processing power, but this world is far from ideal .. and rightly so otherwise we'd probably have little need of cryptocurrencies in the first place.

I just don't get to blame others for my own mental shortcomings .. at least not here in this situation. If I were to steal resources for this like them, I could only really do it by holding up a best buy and grabbing some PC parts to mine with (or spending an infinite amount of time learning programming -- time i don't have now that I have taken a different path to make my livelihood). I don't have the programming aptitude to steal someones GPU for any given about of time remotely. As such, I practically only have the ability to put a few dollars into the market and double it every few weeks though. That ability came with practice. Alternatively, I can pay attention to as much as possible, so I'm first in line when either the market or mines open up. That comes with patience. Practice and patience will often get you much further than theft alone.
sr. member
Activity: 856
Merit: 250
June 15, 2014, 07:32:46 AM
#74
Monero price is growing really nice lastly. People start realizing the potential this coin has. I think in a couple of weeks we will be at x10 actual price.
newbie
Activity: 56
Merit: 0
June 15, 2014, 07:13:23 AM
#73
lol at your creativeness, but I was specifically referencing whether or not there was one at all on the github .. like this example.

Hell let's not forget the rest!

fantomcoin github : 88 commits, last 18 days ago, 8 contributors, pulse: none

aeon github : 3 commits, last 8 days ago, 0 contributors, pulse: none
hero member
Activity: 588
Merit: 504
June 15, 2014, 07:01:22 AM
#72
For anyone trying to measure out their "code update" dicks, please consider taking a look at:

Monero github : 131 commits, last commit 19 hours ago, 12 contributors, pulse: has one, metal =  Silver

Bytecoin github : 46 commits, last commit May 22, 5 contributors, pulse: non-existant, metal =  Tin Plated Nickel

It's not a competition .. I mean don't you have a Bytecoin speculation thread to be posting all these fudnuggets in?

mountcoin github : 16 commits, last commit 18 days ago, 1 contributors, pulse: we need a doctor stat, metal = aluminium foil
Boolberry github : 189 commits, last commit 13 hours ago, 4 contributors, pulse: strong, metal = Rhodium
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