Unveiling the truth over the major Monero scam - page 5.

Spoetnik

legendary

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FUD Philanthropist™

Quote from: DonYo on September 19, 2016, 02:42:40 PM

Quote from: obit33 on September 19, 2016, 01:43:04 PM

Quote from: DonYo on September 19, 2016, 01:24:23 PM

Quote

This is FUD from almost 2 years ago from notorious scammer BitcoinXpress, nothing ever happened btw...

no idea why this is being posted now?

Just for laughs

Fudders will fud

How would you NOOBS know you were not regged here yet..

Further more "something" did happen.
BCX disclosed the security vulnerability in question to the dev's privately.
And he was threatening i believe because people did not want to believe him..

See how all the shit that rolls out of your dick-holster is wrong ?

Crying FUD while lying at the same time ? That is some impressive Shill talent LOL

jwinterm

legendary

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Quote from: dadon on September 24, 2016, 06:20:26 AM

Oh so XMR had a bug did they Shocked

wow and all this time they troll SDC about having a bug Undecided

moral of story: Don't throw stones when you live in glassed housing.

Monero's bug wasn't something that deanonymized every tx that ever used ring sigs on the blockchain, it wasn't even a bug, just a de-optimized miner at launch. Also, there's no official mouthpiece of Monero, people are gonna say whatever they want to say, or throw rocks when they want to - moral of the post: there's no way to stop people from talking shit.

dadon

legendary

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Pecvniate obedivnt omnia.

Oh so XMR had a bug did they Shocked

wow and all this time they troll SDC about having a bug Undecided

moral of story: Don't throw stones when you live in glassed housing.

Febo

legendary

Activity: 2744

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Quote from: Daisy14 on September 23, 2016, 05:05:07 AM

This is news to me since I've never read anything that is anti-monero before. Guess I will wait till they release their GUI... Undecided

lol
Monero was attacked hard on this forum for last 2 years. It surprisingly slowed down last few months. But on other hand maybe i monitor less.
People invested in coins that compete Monero and will just write anything. OP was i think from Bytecoin clan. I forgot. This is 2 years old thread and was so much attacks is hard to put everyone in right box.

But yes. Read this thread there is lots of good things written about Monero. It is eassy to counter all the bulshit anyway.

Daisy14

full member

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This is news to me since I've never read anything that is anti-monero before. Guess I will wait till they release their GUI... Undecided

scintilla

newbie

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Quote

So many newbie accounts.

Does that mean once monero has a GUI it will not be shit?

I'll think about it since i'm a newbie Cheesy

smoothie

legendary

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LEALANA Bitcoin Grim Reaper

Quote from: scintilla on September 22, 2016, 06:59:02 PM

Funny monero, there's no need to get in this crap coin.
Monero supporters will keep trolling and fudding. Cheesy

.... coins without gui wallet are shit, accept that! or else.....get into other great coins rather than this piece of junk.

So many newbie accounts.

Does that mean once monero has a GUI it will not be shit?

scintilla

newbie

Activity: 8

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Funny monero, there's no need to get in this crap coin.
Monero supporters will keep trolling and fudding. Cheesy

.... coins without gui wallet are shit, accept that! or else.....get into other great coins rather than this piece of junk.

natall.com

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Quote from: obit33 on September 19, 2016, 01:47:29 PM

Quote from: natall.com on September 19, 2016, 12:59:44 PM

I am selling all the XMR i mine, there is many problems with monero
-the transaction fee is insane(one million times higher in $ than XDN) which makes it very expensive to use high mixing number.
-relies on pure PoW for security.
-all wallets suck, you cant even have multiple addresses, garbage.
-no direct XMR to fiat exchange, almost no real world use.
-likely to be out competed by a superior altcoin(not enough network effect).

They are claiming that all other anonymous coins is scams which is bullshit, i does not really like dash but i would not consider it to be a scam. Digitalnote exists that offers a good wallet and the ability to send messages anonymously and will implement PoA.

There is nothing special about monero, it is getting pumped hard now but i doubt it will last, a lot of people are making money shorting it now.

- fee just got lowered with the new release
- bitcoin uses pow, better sell them all now...
- that's always possible, wouldn't say it's likely though, xmr has more network effect already than other anon coins, don't know why you're using this as an argument...

Dash is a proven premined scam btw... Will look up on digitalnote, thanks for the tip.

The last transaction i did(was after the hardfork) costed me 0.01 XMR(0.7XMR, mixing 4) which is 0.1$ or 17000 satoshi, a typical XDN transfer costs 0.001XDN or 0.03 satoshi, having a high hardcoded transaction fee is very stupid.

Of course i know bitcoin uses PoW and this is also a good reason not to invest, the creators of the failed currency neucoin wrote a good paper about the problem with PoW http://www.neucoin.org/en/whitepaper/download XMR has tailed emission but the block reward also decreases more than twice as fast than for BTC.

I have seen the same thing over and ovef again, currencies that only focus on one issue(anonymity, PoS, multiple hashings, etc) tend to fail. Just offering good annonymity is not enough, the currency needs to be good overall and XMR is not a good coin in general.

This is not acceptable: https://labs.mwrinfosecurity.com/advisories/csrf-vulnerability-allows-for-remote-compromise-of-monero-wallets

Dash is not premined, it was instamined in a dirty manner(which sucks) and i dont like it(not elegant enough) but i wouldn't call it a scam, it is still a very popular currency with real world usage.

DonYo

sr. member

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Quote from: obit33 on September 19, 2016, 01:43:04 PM

Quote from: DonYo on September 19, 2016, 01:24:23 PM

Quote

This is FUD from almost 2 years ago from notorious scammer BitcoinXpress, nothing ever happened btw...

no idea why this is being posted now?

Just for laughs

Fudders will fud

obit33

sr. member

Activity: 514

Merit: 258

Quote from: natall.com on September 19, 2016, 12:59:44 PM

I am selling all the XMR i mine, there is many problems with monero
-the transaction fee is insane(one million times higher in $ than XDN) which makes it very expensive to use high mixing number.
-relies on pure PoW for security.
-all wallets suck, you cant even have multiple addresses, garbage.
-no direct XMR to fiat exchange, almost no real world use.
-likely to be out competed by a superior altcoin(not enough network effect).

They are claiming that all other anonymous coins is scams which is bullshit, i does not really like dash but i would not consider it to be a scam. Digitalnote exists that offers a good wallet and the ability to send messages anonymously and will implement PoA.

There is nothing special about monero, it is getting pumped hard now but i doubt it will last, a lot of people are making money shorting it now.

- fee just got lowered with the new release
- bitcoin uses pow, better sell them all now...
- GUI is under active development and almost ready...
- yes there is: litebit for example, others will probably add xmr given the volume on polo for the last month...
- that's always possible, wouldn't say it's likely though, xmr has more network effect already than other anon coins, don't know why you're using this as an argument...

Dash is a proven premined scam btw... Will look up on digitalnote, thanks for the tip.

There is something special, it's fungible and it has actual utility now...

best regards,

obit33

sr. member

Activity: 514

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Quote from: DonYo on September 19, 2016, 01:24:23 PM

Quote

This is FUD from almost 2 years ago from notorious scammer BitcoinXpress, nothing ever happened btw...

no idea why this is being posted now?

DonYo

sr. member

Activity: 432

Merit: 251

Quote

natall.com

member

Activity: 97

Merit: 10

net profit: 2700$

I am selling all the XMR i mine, there is many problems with monero
-the transaction fee is insane(one million times higher in $ than XDN) which makes it very expensive to use high mixing number.
-relies on pure PoW for security.
-all wallets suck, you cant even have multiple addresses, garbage.
-no direct XMR to fiat exchange, almost no real world use.
-likely to be out competed by a superior altcoin(not enough network effect).

They are claiming that all other anonymous coins is scams which is bullshit, i does not really like dash but i would not consider it to be a scam. Digitalnote exists that offers a good wallet and the ability to send messages anonymously and will implement PoA.

There is nothing special about monero, it is getting pumped hard now but i doubt it will last, a lot of people are making money shorting it now.

iamnotback

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Activity: 336

Merit: 265

Quote from: DaveyJones on June 22, 2016, 01:24:24 PM

Quote from: natall.com on June 22, 2016, 07:53:39 AM

The problem with monero is that it is not used much as a currency https://getmonero.org/getting-started/merchants the same thing happened to peercoin, hardly used for anything besides speculation.

It is hardly profitable for me to mine it desipite having 2x r9 290 and it is likely to get even worse as the blockreward continues to decrease, i am afraid the coin will end up in the hands of botnets.

Not used much as a currency? Did you miss all the post where people are talking about buying things with xmr.to? To make it short in that sense every shop that accepts bitcoin also accepts monero.

That was the main marketing innovation I saw from Monero's ecosystem. Even someone used that once to fund me.

It is befitting that Shapeshift.io copied you, given one of the threats Monero used to make when ever I would explain I wanted to work on my own experiments, was they being open source could just copy any thing that was valuable.

Btw, I was pitching the conceptual idea of XMR.to back in 2013 on BCT. It was one of the rebuttals I had for the Bitcoin maximalists. And yet again one of my ideas becomes a blockbuster success. You think I don't have a lot more of those ideas in my back pocket.

DaveyJones

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Activity: 768

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Quote from: natall.com on June 22, 2016, 07:53:39 AM

The problem with monero is that it is not used much as a currency https://getmonero.org/getting-started/merchants the same thing happened to peercoin, hardly used for anything besides speculation.

It is hardly profitable for me to mine it desipite having 2x r9 290 and it is likely to get even worse as the blockreward continues to decrease, i am afraid the coin will end up in the hands of botnets.

Not used much as a currency? Did you miss all the post where people are talking about buying things with xmr.to? To make it short in that sense every shop that accepts bitcoin also accepts monero.

natall.com

member

Activity: 97

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net profit: 2700$

Quote from: Hueristic on June 22, 2016, 09:52:45 AM

Why are you afraid of that? It is a best case use for a botnet. Securing freedom rather than causing damage. Or is it just for your personal income that will be affected?

I am afraid that the tail emission wont be enough to secure the network, mining might be unprofitable for peoe that have to pay for electricity and then only botnets will mine it. Botnets can be both good and bad, the disadvantage is that mining for ordinary people will be less profitable.

I do think giant asic farms in china mining 70% is a lot worse of course.

Hueristic

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Doomed to see the future and unable to prevent it

Quote from: natall.com on June 22, 2016, 07:53:39 AM

The problem with monero is that it is not used much as a currency https://getmonero.org/getting-started/merchants the same thing happened to peercoin, hardly used for anything besides speculation.

It is hardly profitable for me to mine it desipite having 2x r9 290 and it is likely to get even worse as the blockreward continues to decrease, i am afraid the coin will end up in the hands of botnets.

Why are you afraid of that? It is a best case use for a botnet. Securing freedom rather than causing damage. Or is it just for your personal income that will be affected?

natall.com

member

Activity: 97

Merit: 10

net profit: 2700$

The problem with monero is that it is not used much as a currency https://getmonero.org/getting-started/merchants the same thing happened to peercoin, hardly used for anything besides speculation.

It is hardly profitable for me to mine it desipite having 2x r9 290 and it is likely to get even worse as the blockreward continues to decrease, i am afraid the coin will end up in the hands of botnets.

GreekBitcoin

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getmonero.org

Quote from: TrueCryptonaire on June 21, 2016, 12:03:13 PM

Correct me if I am wrong but Monero is unable to reach the parity with BTC as long as the inflation of Monero is higher than the inflation of btc. Especially these days as the block reward of BTC is about to drop by 50 %.

I see your 0.0005 target was way off. Missed your chance to buy and now started reviving stupid dead threads?

Topic: Unveiling the truth over the major Monero scam - page 5. (Read 69479 times)