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Topic: rpietila Altcoin Observer - page 27. (Read 387457 times)

newbie
Activity: 42
Merit: 0
September 19, 2014, 05:46:14 AM
All FUD aside, what the chart looks to me is a yet again perfect round of monthly cycle, with a very strong growing higher-lows trendline.

Guess whether we are in a buying or selling point?

The point was made somewhere that some of the FUD may be operating according to the cycle. Trying to work with the trend rather than against it.

So you've adopted Martin Armstrong's science that the cycles are in control?
legendary
Activity: 2968
Merit: 1198
September 19, 2014, 05:43:40 AM
All FUD aside, what the chart looks to me is a yet again perfect round of monthly cycle, with a very strong growing higher-lows trendline.

Guess whether we are in a buying or selling point?

The point was made somewhere that some of the FUD may be operating according to the cycle. Trying to work with the trend rather than against it.

sr. member
Activity: 462
Merit: 250
September 19, 2014, 05:18:52 AM
All FUD aside, what the chart looks to me is a yet again perfect round of monthly cycle, with a very strong growing higher-lows trendline.

Guess whether we are in a buying or selling point?

If we can hold 0.03x, then it is optimistic.
legendary
Activity: 1624
Merit: 1008
September 19, 2014, 04:48:30 AM
Can you really put FUD aside?

I did buy a little today, Thurs. and have one small order in that probably won't get filled.
donator
Activity: 1722
Merit: 1036
September 19, 2014, 04:29:50 AM
All FUD aside, what the chart looks to me is a yet again perfect round of monthly cycle, with a very strong growing higher-lows trendline.

Guess whether we are in a buying or selling point?
member
Activity: 81
Merit: 10
<3 big picture
September 18, 2014, 08:35:34 PM
Despite all the fuss about XBC's comments, IMO the chart looks pretty good.

Noteworthy elements:

Fib retracement is based on max open/close and has been fairly respected.
Williams %R and RSI are both looking oversold (not included on this chart)
The huge volume yesterday resulted in a pretty small downward candle - market is soaking up a lot of selling.



And in case my img tag above doesn't work, here's what I'm talking about:  http://i.imgur.com/TSGqUEe.png
newbie
Activity: 33
Merit: 0
September 17, 2014, 03:46:58 AM
I saw this on the Anoncoin thread: https://bitcointalksearch.org/topic/m.8828214

It sounds like their dev is getting close to integrating Zerocoin with Anoncoin. He says he'll have it ready in a month or two. How would Anoncoin/Zerocoin compare with Monero in terms of privacy and utility?

My understanding is that they implement the original Zerocoin protocol, and not Zerocash. The main reasons for doing so are that Zerocash requires a trusted third party to set up, and that the total money supply can't be known. But the original Zerocoin also have severe limitations, one is that it takes around 450ms to verify a single transaction, and  the other is that the protocol does not hide transaction amounts, only addresses.
Here are links to the ANC wiki about this:
https://wiki.anoncoin.net/Zerocash
https://wiki.anoncoin.net/Zerocoin
And the Zerocash article (which also tells about Zerocoin limitations): http://zerocash-project.org/media/pdf/zerocash-oakland2014.pdf
legendary
Activity: 2632
Merit: 2790
Shitcoin Minimalist
September 16, 2014, 10:11:49 PM
I saw this on the Anoncoin thread: https://bitcointalksearch.org/topic/m.8828214

It sounds like their dev is getting close to integrating Zerocoin with Anoncoin. He says he'll have it ready in a month or two. How would Anoncoin/Zerocoin compare with Monero in terms of privacy and utility?

It would be irresponsible to speculate without details about what they are implementing, and how it is implemented.  I do not have those.

The original Zerocoin involved a very large blockchain, and was computationally intensive.  If it were similar, it would be subject to the same utility deficits and scaling bounds.  Transactions should be practically unlinkable and untracable, but I suspect ANC would operate in ZC and non-ZC modes (to deal with the limits of ZC), and depending on how the interface was implemented, this could create a large attack surface.  I would be loathe to transact in it until some substantive review.  

I own some ANC as a hedge -I'm not terribly concerned about it as a threat to XMR holdings, but it offers an alternative in case of a catastrophic XMR failure.  Lack of documentation and lack of visible active development teamwork concerns me.  My impression is that one guy (an activist) hired one guy (a technologist) and we get the result.  Kudos to both of them for their effort, but unless it gains a community, I don't see much value-add there.  I'd advise to watch the blockchain for signs of vitality.

You can consider it an earnest upgrade effort, or you can consider it a 1.25mm coin pre-mine.  That's a subjective call, I think.


I largely agree with all that. I'd also add that AnonCoin has been around since June 13, 2013, practically an eternity in the altcoin world, yet has little to show for it. There's no infrastructure to speak of. The community seems to be passionate, but passion doesn't create code. At the current rate, it would take ANC several years to get to the same place Monero has taken a few months to get to. That said, I have a few ANC too, "just in case."
legendary
Activity: 1596
Merit: 1029
Sine secretum non libertas
September 16, 2014, 09:17:26 PM
I saw this on the Anoncoin thread: https://bitcointalksearch.org/topic/m.8828214

It sounds like their dev is getting close to integrating Zerocoin with Anoncoin. He says he'll have it ready in a month or two. How would Anoncoin/Zerocoin compare with Monero in terms of privacy and utility?

It would be irresponsible to speculate without details about what they are implementing, and how it is implemented.  I do not have those.

The original Zerocoin involved a very large blockchain, and was computationally intensive.  If it were similar, it would be subject to the same utility deficits and scaling bounds.  Transactions should be practically unlinkable and untracable, but I suspect ANC would operate in ZC and non-ZC modes (to deal with the limits of ZC), and depending on how the interface was implemented, this could create a large attack surface.  I would be loathe to transact in it until some substantive review.  

I own some ANC as a hedge -I'm not terribly concerned about it as a threat to XMR holdings, but it offers an alternative in case of a catastrophic XMR failure.  Lack of documentation and lack of visible active development teamwork concerns me.  My impression is that one guy (an activist) hired one guy (a technologist) and we get the result.  Kudos to both of them for their effort, but unless it gains a community, I don't see much value-add there.  I'd advise to watch the blockchain for signs of vitality.

You can consider it an earnest upgrade effort, or you can consider it a 1.25mm coin pre-mine.  That's a subjective call, I think.




pa
hero member
Activity: 528
Merit: 501
September 16, 2014, 08:38:13 PM
I saw this on the Anoncoin thread: https://bitcointalksearch.org/topic/m.8828214

It sounds like their dev is getting close to integrating Zerocoin with Anoncoin. He says he'll have it ready in a month or two. How would Anoncoin/Zerocoin compare with Monero in terms of privacy and utility?
hero member
Activity: 686
Merit: 501
Stephen Reed
September 16, 2014, 07:48:38 PM
I was under the impression that the whole point of VIA was to recreate Counterparty. I'm not sure what they plan to improve upon though.
But seriously, my impression is that they are pushing the ball forward on side-chains, big-time.  I haven't tracked it, but that's what they paid Peter Todd to do.  Getting all that work out into the public, so that people can innovate on it, is super helpful.

In a recent video interview on VIA, PT sounded surprisingly pessimistic about whether tree-chains could be made to work. It's possible that's just false modesty, though.
I did not see the interview, but be careful to distinguish between side-chains and tree-chains. The former is a method of funding a new crytpocurrency from sequested bitcoins. A side chain is not mined rather it gets its value from the sequestered bitcoins. The sidechain is a public ledger but is not the bitcoin blockchain and can accept different sorts of transactions that does bitcoin. A tree chain is a method of mining bitcoins such that attacks are more difficult. Tree chains use the bitcoin blockchain and no other. Peter Todd is most interested in tree chains. Adam Back is most interested in side chains. Both ideas require changes to Bitcoin Core and those developers are conservative with regard to radical changes unless their paid staffing increases - I think.

Accelerating Bitcoin’s Transaction Processing, Fast Money Grows on Trees, Not Chains
pa
hero member
Activity: 528
Merit: 501
September 16, 2014, 05:07:42 PM
I was under the impression that the whole point of VIA was to recreate Counterparty. I'm not sure what they plan to improve upon though.
But seriously, my impression is that they are pushing the ball forward on side-chains, big-time.  I haven't tracked it, but that's what they paid Peter Todd to do.  Getting all that work out into the public, so that people can innovate on it, is super helpful.

In a recent video interview on VIA, PT sounded surprisingly pessimistic about whether tree-chains could be made to work. It's possible that's just false modesty, though.
legendary
Activity: 1596
Merit: 1029
Sine secretum non libertas
September 16, 2014, 04:06:47 PM
I was under the impression that the whole point of VIA was to recreate Counterparty. I'm not sure what they plan to improve upon though.

The selection of beneficiaries?

But seriously, my impression is that they are pushing the ball forward on side-chains, big-time.  I haven't tracked it, but that's what they paid Peter Todd to do.  Getting all that work out into the public, so that people can innovate on it, is super helpful.
legendary
Activity: 826
Merit: 1000
amarha
September 16, 2014, 10:06:30 AM
Just heard of ViaCoin, Read this part.

Quote
On 11th August, the viacoin development team announced new details regarding ClearingHouse’s internal currency, XCH, and information on how users can exchange viacoins for the new currency. Notably, a new Web-based client interface that implements the ClearingHouse protocol, Clearwallet, was also made public.

But isn't this CounterParty protocol, not ClearingHouse protocol?

Isn't the 'new' ClearWallet a rebranded CounterWallet ?  Seems a bit disingenuous.



I was under the impression that the whole point of VIA was to recreate Counterparty. I'm not sure what they plan to improve upon though.
sr. member
Activity: 469
Merit: 250
English Motherfucker do you speak it ?
September 16, 2014, 09:35:20 AM
XMR has been stable for a while, and in crypo a long period of a stable price usually means a spike is coming.
Yes, there must be a reason why we have not gone lower. The longterm uptrend looks very solid and real to me. Especially with Monero featured on LetsTalkBitcoin. This podcast will hopefully lead to people researching and finding out the truth about XMR.
hero member
Activity: 588
Merit: 504
September 16, 2014, 09:29:44 AM
Just heard of ViaCoin, Read this part.

Quote
On 11th August, the viacoin development team announced new details regarding ClearingHouse’s internal currency, XCH, and information on how users can exchange viacoins for the new currency. Notably, a new Web-based client interface that implements the ClearingHouse protocol, Clearwallet, was also made public.

But isn't this CounterParty protocol, not ClearingHouse protocol?

Isn't the 'new' ClearWallet a rebranded CounterWallet ?  Seems a bit disingenuous.

sr. member
Activity: 371
Merit: 250
September 16, 2014, 09:00:15 AM
XMR has been stable for a while, and in crypo a long period of a stable price usually means a spike is coming.

Yeah but it's hard to say whether it's going to be up or down.
hero member
Activity: 794
Merit: 1000
Monero (XMR) - secure, private, untraceable
September 16, 2014, 06:58:44 AM
The Moment of Truth - Assange, Dotcom and Snowden talk against surveillance in New Zealand. Movements had started around the world and internet privacy will receive increased attention over time. This is interconnected with XMR, I2P and privacy tech in general. The Moment of Truth
donator
Activity: 1722
Merit: 1036
September 16, 2014, 03:36:46 AM
XPOST from failed reboot thread:
Viacoin.  This is the only alt besides monero that I'm currently watching and take seriously.  Another smart coin developed by btcdrak in the same vein as counterparty but without all the btc drama that comes with it.  Peter Todd was hired to help with the design and is going to be implementing tree chains into the Viacoin network which he believes will solve the 51% attack problem.

You can find the relevant info here: https://bitcointalksearch.org/topic/ann-via-viacoin-the-future-of-digital-currency-699278

The developers bring the same level of quality and commitment that the monero developers have brought to XMR imo.

Here is the live stream recorded of Peter Todd, BTCdrak, and many others discussion VIAcoin and Treechains...

https://www.youtube.com/watch?v=Q8hTbfKAhfE

Also looks like Peter Todd is implementing "frozen coin" to VIA and BTC!  hugeee

https://twitter.com/petertoddbtc/status/510360423770898432

Let's add up VIA's score:

1. Is the coin delivering a relevant technological breakthrough as the first legitimate instance of the code?
++yes - 2 points (clearinghouse and treechains)

2. Does the coin have a developer team of several people, with at least 2 public people?
++Yes - 2 points (Peter Todd, Grynn San, and drak are well known)

3. Is the software open source?
++Yes - 2 points (https://github.com/viacoin/viacoin)

4. Involvement of Bitcoin whales/legendaries/hero members?
++Yes, so much that it inspires both awe and hate - 2 points (Otoh, Peter Todd, and myself)

5. What % of the eventual market cap is held by the 3 largest staked devs?
++<3% - 2 points (http://www.richlist.eu/viacoin)

6. Was there a premine/instamine/ninjamine/..?
++0-1% - 2 points (presale of Block One was exemplary and successfully prevented insta/ninja/nerd mines)

7. What % of coins are mined in the first year?
++<20% - 2 points (http://blog.viacoin.org/2014/07/07/viacoin-distribution-model.html)

8. Was there lying/deception at any point in the launch, eg. concerning pre(etc.)mine?
++no - 2 points (http://blog.viacoin.org/2014/07/08/viacoin-presale-launch.html)

9. What's the marketcap?(* free float only)
+TOP-20 marketcap - 1 point (#14 at http://coinmarketcap.com/currencies/views/filter-non-mineable-and-premined/)

10. What's the trading volume?
-less - 0 points

11. What's the emission (daily inflation measured by mktvalue)?
-less - 0 points

VIA tally = 17 Pietila Points

Monero tally = 18   Cool

VIA loses points for being small, but a tiny cap doubles more easily...

10. What's the trading volume?
-less - 0 points

 Cheesy Trading volume will be huge when it is listed on Mintpal in the near future.

Can you tell me what is the reason I should buy it. You already know what I regard as a reason...
hero member
Activity: 840
Merit: 1000
September 15, 2014, 11:55:04 PM
XPOST from failed reboot thread:
Viacoin.  This is the only alt besides monero that I'm currently watching and take seriously.  Another smart coin developed by btcdrak in the same vein as counterparty but without all the btc drama that comes with it.  Peter Todd was hired to help with the design and is going to be implementing tree chains into the Viacoin network which he believes will solve the 51% attack problem.

You can find the relevant info here: https://bitcointalksearch.org/topic/ann-via-viacoin-the-future-of-digital-currency-699278

The developers bring the same level of quality and commitment that the monero developers have brought to XMR imo.

Here is the live stream recorded of Peter Todd, BTCdrak, and many others discussion VIAcoin and Treechains...

https://www.youtube.com/watch?v=Q8hTbfKAhfE

Also looks like Peter Todd is implementing "frozen coin" to VIA and BTC!  hugeee

https://twitter.com/petertoddbtc/status/510360423770898432

Let's add up VIA's score:

1. Is the coin delivering a relevant technological breakthrough as the first legitimate instance of the code?
++yes - 2 points (clearinghouse and treechains)

2. Does the coin have a developer team of several people, with at least 2 public people?
++Yes - 2 points (Peter Todd, Grynn San, and drak are well known)

3. Is the software open source?
++Yes - 2 points (https://github.com/viacoin/viacoin)

4. Involvement of Bitcoin whales/legendaries/hero members?
++Yes, so much that it inspires both awe and hate - 2 points (Otoh, Peter Todd, and myself)

5. What % of the eventual market cap is held by the 3 largest staked devs?
++<3% - 2 points (http://www.richlist.eu/viacoin)

6. Was there a premine/instamine/ninjamine/..?
++0-1% - 2 points (presale of Block One was exemplary and successfully prevented insta/ninja/nerd mines)

7. What % of coins are mined in the first year?
++<20% - 2 points (http://blog.viacoin.org/2014/07/07/viacoin-distribution-model.html)

8. Was there lying/deception at any point in the launch, eg. concerning pre(etc.)mine?
++no - 2 points (http://blog.viacoin.org/2014/07/08/viacoin-presale-launch.html)

9. What's the marketcap?(* free float only)
+TOP-20 marketcap - 1 point (#14 at http://coinmarketcap.com/currencies/views/filter-non-mineable-and-premined/)

10. What's the trading volume?
-less - 0 points

11. What's the emission (daily inflation measured by mktvalue)?
-less - 0 points

VIA tally = 17 Pietila Points

Monero tally = 18   Cool

VIA loses points for being small, but a tiny cap doubles more easily...

10. What's the trading volume?
-less - 0 points

 Cheesy Trading volume will be huge when it is listed on Mintpal in the near future.
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