Topic: rpietila Altcoin Observer - page 40. (Read 387491 times)

Hmm... that was interesting (as predicted / discussed earlier):

To get a sense of whether SuperNet ICO is worth investing in, I've done a cursory search on Google for some of jl777's often-mentioned assets, including

PrivateBet: https://nxtforum.org/nxtventures/privatebet-fully-decentralized-peer-to-peer-betting/
multigateway: http://multigateway.org/    https://nxtforum.org/multigateway-jl777/mgw-assets-withdrawals-history/msg97324/#msg97324
InstantDEX: http://instantdex.org/wip/


to get a sense of his past performance prior to BTCD and the value of these assets he frequently mentions.

I cant seem to find much about any of this stuff on the web, including the NXT Forum.

Basic question is: exactly what has jl777 done - as in completed - besides his masterful stoking of BTCD's massive price rise?

At the very least, the question is whether this guy is spread thin and has fully finished anything he's started -- anything that stands as a significant innovation that's widely used? Assets that have value beyond their current market prices?

This thread seems more thoughtful, informed, level-headed and analytical than most, so I ask the question here.

Smart guy, probably could benefit from getting laid a bit more. Hope he comes back!

Anonymint is one of a kind.  In so many ways.

God bless.

keep your website up please! its an interesting perspective

Take care Anonymint.

This is correct.  I don't think we ever had more than a 10x advantage over the public one.  Oftentimes less - it dropped within three weeks to something like 2-3x (guesstimating from memory)

This is my farewell post.


There is never going to be one anonymous developer who can manage to develop an entire ecosystem that can rival Bitcoin. No altcoin will rise if it isn't open sourced. Other developers will join a successful launch and whether they choose to be anonymous or not is irrelevant. Being open source means that everything is transparent and if the developers aren't doing the correct developments, then the community-at-large will veto them by forking the project.

Thus your evident illogical fear of the lone savant anonymous developer who launches an altcoin that kicks Monero ass is justified. The multiple meanings of the prior sentence are all intended.


If you think you need to know personally the developers in order to make a decision about investment, then maybe you will not be the first to exit, but rather the last to enter.

I don't have time to go searching to quote my upthread post where I wrote that you apparently think of venture capital as a "gentleman's club". Probing personality not how I evaluate talent, design, and results, i.e. I don't need to like someone in order to respect their work.

For example, James' writing style and design appear to me to be discombobulated thus I have judged his work, not his personality.

Of course I can.

Problems with XMR don't have any relationship to problems with DRK. Nice try though.

I fully expect others to hold us responsible for our handling of XMR. I do the same for DRK.

Also remember to post that others were trying to help the BitMonero bagholders, just at the point that everyone thought the Bitmonero attack was over, when in actual fact it had just started.

The forks are ongoing. No one is laughing.



At this point, I'm starting to wonder if you are indeed one the group that incites others to attack the Bitmonero community just to get back at a few.

I care. Because contrary to your statement there aren't "plenty" of other anonymous coins that satisfy proper criteria of usability, inflation/store of value, PoW, scaling etc.

As for the incompetence charges, yes, it must be through all this incompetence that DRK placed anonymity on the map (prior to DRK there was no meaningful marketcap for the anonymous market) and why after months and months of "anonymity" scams, nobody brought to the table a serious alternative except the cryptonote/bytecoin devs through the ring sigs. XMR devs are apparently "highly competent" in just ripping off the codebase of BCN including all the bugs, intentionally crippled code and booby traps Awe-inspiring competence.

Anyway this conversation is highly counterproductive for the worth of my XMRs. You should realize that some of the XMR holders are into anonymity before XMR or BCN even appeared on the scene, because they actually see potential in the anonymous market in general as something that has actual value due to the inability of Bitcoin to cover this market segment. Poisoning the anonymous market by attacking everyone else for competitive reasons, will only lead to XMR getting attacked in return.

You can't claim incompetence for others without others highlighting the incompetence of XMR devs in multiple issues, or the fact that XMR in itself is just a clone that hasn't developed anything and is not the original.

You can't claim "fuckups" or "mistakes" when this has happened in the XMR.

You can't attack others (like BBR for instamining due to the GPU client) and pretend fairness when you have 100x miners on the loose for weeks.

You can't laugh about the forks of others, that happened when they tried to develop/innovate/upgrade the network functionality in new ways, and then be suddenly forked by an overflow exploit.

These stuff do tend to come and bite back.

For every seller, there is generally a buyer. Who do you think was helping to buy those BitMonero coins that were dumped on Polo at the first opportunity?

From what I've heard it was a fuckup due to incompetence/sloppiness, but that could just as well be a masquerade as you say. Half of all coins in 12 hours is just ridiculous though, practically worse than these 1 week PoW then switch to PoS coins.

Uhhh, what ?

A look at your signature shows anyone that you can't have an objective point of view.

Here is no hate of any of us, just reasonable criticism.

Disgraceful attitudes. Absolutely disgraceful.

You are purposefully seeking confrontations with such inflammatory language.  Not even interested in looking at the details. Just interested in picking sides, picking a fight and trying to inflame to further a cause.

edit

It actually wouldn't surprise me in the slightest if it wasn't this sort of attitude that has brought the current attacks on BitMonero. Having seen the tussle going on between the various Cryptonote camps, it wouldn't surprise me at all.

I don't care about this. What i am trying to say is:

Darkcoin instamine is shit.
Monero enhanced private miner is shit.
BBR private early gpu miner is shit.

Out of these 3 launches i still prefer monero.

Who cares? There are plenty of other coins. Why pay attention to such a fuckup (i.e. either corrupt or incompetent, often impossible to tell from the outside especially when one masquerades as the other) coin anyway. The instamine was a mostly symptom, not the underlying problem.

I also don't accept that wallets being "active" means that anything is spread well, nor that wallet balances are spread out means much of anything.

Being accused of an instamine, even if I had nothing to do with it, the first thing I would do is spread my coins around to a much larger number of wallets. This exactly thing happened in XCN (although the mining wasn't really an instamine just likely advantages). Someone was accused on it based on a huge wallet, and next thing you know the wallet starts getting broken up. (Plus someone claims to have been that guy and says "oh i just used EC2 a lot" (which I have reason to believe was not the whole story) but really it could have been anyone with a bunch of coins saying that, worried that the mining scandal would hurt the value of their own holdings.)

Moving doesn't necessarily mean sold, and who cares anyway, the instamine is a fuckup either way. With 1000+ coins to choose from, why that one?

Actually, 2.5 million coins are spread around the top 100 wallets and nearly all of them have activity within the last 4 months - DRK was launched in January.

Around another 1 million coins are held by ~900 to 1,000 decentralised and unknown master node operators to prove they are ready to provide a service to the network.

https://drk.mn/  or here http://drk.poolhash.org/

so 3.5 million coins of the 4.6m are spread quite well between those that purchased their coins and the remainder are spread over a 1-2 thousand wallets.

https://chainz.cryptoid.info/drk/#!rich

Quite evenly spread. Those at the top of the list can be seen purchasing coins relatively recently, or they are the exchanges.

As a wall observer (not owner) it has been interesting to watch XMR's consistent volume climb.  DRK's volume is much different.