Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1068. (Read 4671660 times)

Folks,

If you are a Monero holder or thinking about being one (Dark Dash as well), you should really have a look at the links dEBRUYNE's posted above.
I went through everything and then some, learned quite a bit. It is not all facts as is usual some name calling between camps takes place but
what I came away with is MANY questions regarding what is behind DRK/Dash. I have some questions for Monero as well, but they don't have
to do with the security of the coin, cryptography, etc.

At this point there are really just two anonymous coins worth mentioning, Monero and Dark/Dash. Dash has the market cap lead but to be honest, beyond
that I would say XMR is the much bigger risk to reward (If I was a Dash holder it would be cheap to hedge with XMR, but the other direction just ain't there.)
Unless BTC dies, I don't know if the reward (at this point) with Dash is there. One can argue the same for XMR, but that would take BTC using XMR like sidechains
in the near future and that isn't happening in the next 2-3 years.

I worry about how Dash was put together (more computer scientists and less cryptographic experts behind the technology - more complicated that this),
not that it isn't good/great for person to person transfers, but once you take into account privacy with the alphabet agencies, that is where Monero shines
(for starters, but a newb like me can't do it justice here).

I do hope Monero can find a way to make the size of the blockchain manageable though perhaps that remains reasonable due to the ever increasing size of disk space
(but it will get in the way of a smartphone wallet, unless they get creative, which I think will happen in time (tough point)).

Who knows, perhaps Monero (or Dash) integrates some of the experimental technology when proven in the near future, to solve some current "problems". Since
Moneros current "problem" is more about the size of the blockchain (if indeed a problem), I'm not too worried. But Dash has questions that run much deeper, again,
not that it isn't good or won't come out the winner - first mover advantage is huge I know. Not sure how many more hard forks Dash can handle though before the user
base is gone.

Thanks again,
IAS

Here's my consideration: at this point in time, it is also not without strong hands accumulating and holding that the price rises to reflect/organically attract a larger network effect. Strong hands that hold are another simple component of the power law, and are also more likely to be able to hold a position without contributing to the emotional roller coaster that traders create in the market (because considering the long term, they have less of a tendency to trade in a panic), and those disciplined will contribute to lowering volatility through market making. A wide distribution would be welcome, but without more fundamental developments aside from the already considered community development track record and non-user friendly though decreasingly so privacy software, we don't yet have anything concrete (referring to dev and research goals graphic) so this organically widening just won't happen until you have something a wide userbase could scalably use—til then it's still just speculation, and strong hands typically speculate to invest.

I just mean it as a concept. Not meaning to make it about that exact website specifically.

I wonder if any of them are fluffy  

More info here:

http://www.reddit.com/r/Bitcoin/comments/2oh7vq/toward_unlinkable_bitcoin_transactions_andrew/

Make sure to read the comments as well.

Luke Jr. and other Bitcoin devs have hinted that they are working on a Monero-like Bitcoin sidechain. They obviously respect Monero's tech.

I would like to attend a Moneroan's Party in Monero, NM.

10 USD party?!

Thanks so much dEBRUYNE - my reading list for a few days!

Some readings for you:

https://bitcointalksearch.org/topic/m.10291319
https://bitcointalksearch.org/topic/m.10299280
If you have time, just read the whole topic of the above links.
https://bitcointalksearch.org/topic/m.6804719
https://bitcointalksearch.org/topic/m.10696989
http://bitcoin.stackexchange.com/questions/29471/are-there-any-true-anonymous-cryptocurrencies
http://www.reddit.com/r/CryptoCurrency/comments/2nu9rg/darkcoin_anoncoin_shadowcash_monero/cmh5ekr

I like the logo and the incentive... even though I'm getting those weird feelings about the red Mustang I had driven once when I was studying in the US  . I'm watching the site now. I love the pics...

Thanks for the replies. I do think more factual comments about Monero and how it compares to Dark will help us. I get that Dark/Dash may be a scam to some, but for those that don't know the differences, name calling doesn't really help the cause. (Not saying everyone does that.)

Any idea on Monero being on LTBTC (one of their shows) or the like? I really think this can give us some exposure.

Since the emission mostly happens in the first 4 years (?), I'm not really in agreement regarding fewer people accumulating.
If we are to succeed, besides places to spend Monero (which might just amount to plugins in the near future), we need a wide disbursement.

Awesome. The Monero Mustangs club. We're getting quite the collection of hatwear going.

Good news everyone!

I've found a new mascot to replace MoonCat, and it comes bundled with a fantastic charity for the XMR community to adopt.

It turns out there is a Monero, New Mexico.  It's an old coal mining town, now used mostly by ranchers and wild horses.

MoneroMustangs.org is dedicated to preserving these lovely beasts, and has a slogan very appropriate to our cause:


You'll have to use XMR.to -> Paypal, but donating $25 for one of these sweet caps is worth it.

As long as they accept one crypto of any kind we can just shapeshift.io

This is all just so exciting! I'm so glad to be here and be part of what can only be called the beginnings of a new (peaceful) revolution.

Yeah, the evolution over time will be interesting. I.e., for those cryptocurrencies that are actually currencies (bitcoin, litecoin, monero), I can see things just constantly getting replaced and upgraded. The in-betweens will be interesting for speculators, but it will really all depend on merchant and customer adoption.

"Oh, we don't accept bitcoin here because confirmations take too long, the network is centralized, and transactions are traceable. But we do accept monero"

and then

"Oh, we don't accept monero here because (insert some reason that is sure to exist eventually), but we do accept SuperMonero."

Yes, will be interesting to watch these things evolve.

People in the crypto world need to just get used to the idea that crypto markets never will be like more traditional markets. Bitcoin never will be like gold. Crypto currencies are going to be constantly upturned and replaced and capital will constantly be flowing all over the place. Bitcoin will come and go, and what ever replaces it will come and go, and so to with what ever replaces bitcoins replacement. The solution to the blockchain size problem is to not attempt to arrive at a consensus, it is to just let the fork happen and let people go their own way. Crypto currencies will never be a place for savers, they will be vehicles for transferring value and for dedicated and nimble speculators. Scripted blockchain based derivatives contracts will allow people to hedge against volatility for a fee if they are just simple users so the tumultuous nature of these markets wont necessarily need to deter mom and pop. If you want to save, buy a gold coin. When you want to move the value that that gold coin represents to the other side of the planet instantly, that is when you need crypto.

NEM
NodeCoin

bitcoin
nxt
monero
ripple (though im not sure its really a crypto currency, you have to decide yourself)
bitshares

These are the only ones i know, can anyone add to this list

From my perspective I don't really talk about Monero except amongst us because... I don't really care to attract more competitors while I am still accumulating.

Like.