Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23928. (Read 26710463 times)

Xmas rally ... derp 



Good call on the 6hr PSAR  Tzupy 

I'm not certain dark wallet can provide the same level of anonymity as Monero does.

Don't forget BitLicenses are coming out in January... Looks (for now) that they will be good for bitcoin ecosystem 

You have been warned earlier today. Now the question is: will support at 305$ hold or not?

6h PSAR flipped overnight on BTCchina, and is about to flip on Bitstamp too. IMO we'll have a couple of days of downtrend.

This will go into history as the Christmas eve panic of 2014



Started shorting this fucker just at the left of this image

This will go into history as the Christmas eve panic of 2014



Started shorting this fucker just at the left of this image

I hope Santa has compassion with you.

Can't wait to see what 2015 has in store for us.

Nope, I'm ready for tree-fitty. I went long on this dip. We'll see how that works out for me.

The points you made and their relevance are questionable, but even if we accept them all:

-Dark Wallet is being developed for BTC. Once that works there is no point at all in adopting a lower liquidity lower confidence altcoin that will basically be a clone of BTC.
-Monero shares the same problems of Proof of Work coins (including BTC of course) so if BTC dies because of that (or any reason at all intrinsic to BTC), Monero is no different. If BTC survives and Dark Wallet can be used for anonymity on BTC, Monero will not have a purpose anymore.

Darkwallet uses a form of stealth addresses that is similar to Monero. This won't work with regular Bitcoin users though, you will have to use regular address unless both parties are using Darkwallet (or some wallet using a compatible stealth scheme). In a sense this feature makes Darkwallet a bit like an altcoin that is sharing the Bitcoin blockchain. If you are exchanging with regular Bitcoin users you will lose the unlinkability benefit of stealth addresses (but you can still do it and you can keep unlinkability if you never reuse addresses).

Darkwallet uses CoinJoin style mixing. This has issues that have been widely discussed elsewhere, especially when there aren't a large number of people wanting to mix at the exact same time. (There is a rendezvous process in CoinJoin where people making truncations at the same time are mixed together.) This can be still be used even with regular Bitcoin addresses, but only if the sender is using Darkwallet. A Darkwallet user who receives coins from a non-Darkwallet user will receive non-mixed coins, and also will potentially have address linkability if the address is reused. By contrast Monero uses ring signatures for mixing which doesn't require a rendezvous process the way CoinJoin does, but does have some other issues (some discussed in MRL-0001)

Since Darkwallet is based on Bitcoin it shares the rest of Bitcoins advantages and disadvantages (biggest advantage being its relatively wide adoption, but again when interacting with non-DW users your feature set is reduced). Monero is a new code base that does some things differently (for example not having a fixed block size), which again has advantages and disadvantages. The relative immaturity of the code is a big disadvantage.

Anyone that thinks Monero is a good investment XD

XMR questions: have you looked at that new web wallet? Is it secure? Is it traceable?

All of the heavy lifting is done client-side, which means that My Monero can never spend your funds on your behalf or without your authorisation.

Finex is dipping before launching.  Closing out those with tight stops. Look at that long wick, bears can't push this down even if they want to. Haha!

Ready for 300?