Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1018. (Read 4671497 times)

Vertpay looks like a service to me. Monero is a cryptocurrency.
Long post for basically comparing apples and oranges, or I am missing something?

BlockaFett,

You try hard. It is evident in the frequency, length, and veracity of your posts.

You accuse XMR devs of "trolling DRK" often. And you launch personal attacks at them and other Monero SUPPORTERS.

So, here you are, in the Monero thread, spouting off about fluffypony's supposed dealings with another coin back in ancient history (in crypto-time), along with his past/present business experiences.

What is the relevance to Monero? 

Just to be honest here, I don't believe 1 word of this, because anyone can read your history and see the kind of other projects you were involved in, for example:

Last May you didn't seem to care about anonymity but you were trying to raise $200,000 from Vertcoin investors to fund a private centralized payment system that you called Vertpay which looks very similar to what Moolah tried to do with Moopay / DOGE etc (a scam I did a lot of research on after getting burned myself).  Your investment offering was that the Vertcoin investors would get 20% of Vertpay for that investment:  https://bitcointalksearch.org/topic/private-ipo-vertpay-vertcoin-payment-gateway-595754 /

When interviewed about it you said:

"I think that with this, you know, any IPO, any investment in a company is a risk. We're not pretending that
this is some sort of riskless investment.  But I think the VERTCOIN community as a whole are generally not
stupid people, they're pretty astute, they not involved with a coin based on a meme or anything like that."

When asked about how you would make money from Vertpay:

"So Peter and I put in a fair whack of seed funding initially to get this off the ground, to get the right people
to get the software developed and architected to the point where it is.  We looked at various options of VC
funding or putting more funding in ourselves...We don't want to do this on a small scale, we want to do this
on a reasonably sized scale, get it into the market....see what we can build on top of that, once there is cash flowing in"

Interviewer suggests if you are trying to drive success from the Vertcoin community you said:

"...Absolutely because then everyone has a vested interest in it's success...we look at the Bitcoin security space...most are
prone to scams so you end up having to fight a whole bunch of negativity from the very beginning, which isn't great."

You gave up on that pretty quick after realizing you weren't going to get 200k investment from Vertcoin investors in the following (very Alex Green / Ryan Kennedy style comment)

"...there's been a systemic attack of VertPay by smearing me and alluding that VertPay is a scam-by-association. While this is blatantly untrue, it would appear that the Vertcoin community as a whole either do not want this IPO to continue or are unsure and swing this way and that. Thus we have decided to shutter the IPO and switch VertPay back to the original focus on launching with several currencies."

Here is Vertpay now: https://vertpay.com/

And here is Vertcoin now, 11 months on:



Your next project was Monero, and with your new Monero hat on your latest approach is:

"...Which is why I find terms like "investor", or anything describing our role as if we were upper management, quite laughable. We are unpaid volunteers, placed in relative authority, pushing a profoundly technologically interesting project forward"

So I don't buy that someone like you who has a history of running businesses (e.g. OpenRigs), VCs, raising IPOs, exchange trading...is now an 'unpaid volunteer, placed in relative authority' especially as your last $ making attempt you realized it was too hard I think because in your own words 'most are prone to scams so you end up having to fight a whole bunch of negativity from the very beginning'.

No one is accusing you of a scam in Monero (but 100s of people did with OpenRigs non-deliveries / VertPay IPO) because you are positioning yourself as an "unpaid volunteer with profoundly interesting tech" which the typical Monero investor laps up, so perfect opportunity for someone like you to position yourself to be right in the center of the $.  Anyone interested can listen to DOGE create Ben Doernberg highlight how this type of strategy worked for Moolah by gaining the trust of a whole community and gaining the position to be able to exploit the situation: https://soundcloud.com/mindtomatter/ltb-e156-the-moolah-story

And the main red flag is when you say 'We can argue that there is indirect enrichment, because every Monero contributor undoubtedly holds a small stash of Monero'.  

The idea that someone with the balls to try to raise 200k from the Vertcoin investors in an apparent mirror of Moolah's play on DOGE and put in a 'fair whack of seed funding', then becomes the main voice of Monero, who then says the only $ you are making 'is indirect enrichment, because every Monero contributor undoubtedly holds a small stash of Monero' I think is laughable.  Especially when you have experience with exchange trading and there are obviously some extremely large whales playing with the Monero price on Poloniex and with 100's of thousands of $ in investment capital flowing through the Monero exchange market every day - I do not believe one word.  Especially when we look at how much effort you put into trying to attack other coins you see as a threat instead of working on your 'profoundly technologically interesting project' and actually accusing other devs of having large stashes of their own coin.

If this isn't true, what is your main investment right now if not Monero, or did you miraculously decide you didn't want to make serious $ when you saw how profound Monero's tech was, after you ditched VertPay?  You did OpenRigs before you tried to taise 200k from Vertcion investors, and you have dozens of people on BCT claiming they never received their products and that that was a scam too.  So what is your latest money making idea right now if not Monero or are you just working for free now?

My prediction is with you running the show (yes you are lol) this is going the way of Vertcoin pretty soon, so all you people spending $ on Monero and believing the BS about this being some volunteer organization, you are investors, don't believe something just because someone tells you that it's true, and my advice: CAVEAT EMPTOR.

Walks like a duck...Talks like a duck...Yes folks, it's a duck.

cheers

Sammy needs to update his tap, there's no longer a build-release target. Make targets are:

cmake-debug: just run CMake for the debug build, no actual building
debug: make the default debug build (no tests are built)
debug-test: make the default debug build and make tests, run tests after build
debug-all: make the default debug build and make tests

cmake-release: just run CMake for the release build, no actual building
release: make the default release build (no tests are built)
release-test: make the default release build and make test, run tests after build
release-all: make the default release build and make tests
release-static: what we use for releases, builds and links statically, for x64 only (we'll add a release-static32 later)

clean: deletes build files

I'm getting this error when attempting to install via Brew:

"make: *** No rule to make target `build-release'.  Stop."

There's a bug introduced into the cmake in 0.8.8.6 that broke static builds. This is fixed in head. On OS X you can either wait for 0.8.8.7 RC1 to be tagged and released (after today's mega-merge it's just bug squashing and minor bits before blockchainDB gets merged in), or just use Homebrew to install the dependencies and follow the build instructions in the README (this is not as daunting as it sounds, especially if you ocassionalky use the command-line).

I'm getting the exact same error on my MBPr with 10.10.2.  Sammy007's version fails to install.  Any ideas?

Erk, I'll check it out when I'm home

Further to the other comments made, I think an analogy can be made with fiat. Now this is a very loose analogy, and I'm not comparing our role to democratically elected leaders of a country, but think about the Angela Merkel, the elected leader of Germany. If traders come in and aggressively trade the Euro against the U.S. Dollar, does she benefit directly?

Indirectly, sure, if the Euro rises in value maybe she is praised for her leadership, maybe Germany's GDP increases, etc. But she doesn't have a stash of Euro and she's travelling to the USA for lavish holidays so the exchange rate is super important. She doesn't stop running the country if the Euro declines or a Euro whale decides to dump. In fact, I'd hazard that she doesn't really care about the USD-EUR currency market except occasionally when it is relevant to her role. The market doesn't pay her salary, and it doesn't pay ours.

nevermind, like the other guy said, its just the Mp4 and whatever is on the webapp player.

The joys of open sourced audio editing. I don't know what you mean by "darth vader"... oh I hear it now. Fluffy, its like there's a time stretch on everything but the mp3. Mebbe your converter is wonky?

Don't know about Gingercat, but I'm still getting used to my microphone sensitivity. I've reduced it for this week's Missive, hopefully that reduces the amount of "breathing" that comes through. Recording a podcat is harder than expected, especially when you're a dog lover.

It's on the todo list:)

what a small difference an "ive" makes.

ItsHappening.gif

http://www.nasdaq.com/article/the-price-of-bitcoin-is-about-to-get-a-little-government-help-cm461318

We're getting off topic. Little to none of that goes toward development of the core technology. If you want to directly support development you have really only three options. Develop yourself, pay someone else to do specific development, or donate to the project.

Not directed at you personally, this applies to anyone.

Also, the "economy of the currency" for any cryptocurrency but certainly for any non-btc cryptocurrency is essentially all speculation, so we're back to investment = speculation even if we agree it is an investment int he whole economy.

or put it in digestive track format

Look at food -> Smell food -> Taste food -> Chew food -> Swallow food -> Stomach acids -> small intestine -> large intestine.

This is great - you should totally do Technical Preview -> Alpha -> Beta -> Release Candidate 1 -> Release Candidate 2 -> Release to Manufacturing -> Final.

as explained in the beta digest, I ran out of time.