Author

Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1175. (Read 4670643 times)

member
Activity: 69
Merit: 10
What is the volume so low lately?
legendary
Activity: 1232
Merit: 1011
Monero Evangelist
Good morning, let's have a nice Monero day everybody.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
Development bond pays 8% annual interest in XMR in quarterly coupons, 5 year maturity.
Does it mean that I sell my XMR at present price and if in 5 years it they are worth less than 140% (plus compounded interest) of the current price, it is more profitable than to hold them, right? If this is the case, this means I should gamble that Monero won't be worth more than 0.0017 BTC in 5 years.

Or maybe I misunderstood something.


Considered as a bet, it is a wager that, perhaps partly as a result of the additional development funding, 140 XMR are worth more, discounted for 4.286 years avg. duration, than 2*100 = 200 XMR in hand.

Presently there are about 100k XMR in expressed interest.  I think 250k would be enough to justify the effort and custodial cost. 

To hedge will require buying 350k XMR.  Therefore, to avoid moving the market, I should prefer to denominate the bond in an aggregate of 70% XMR, 30% BTC.  Of course the added reserve demand will eventually push the market up a bit, but that is unavoidable.
hero member
Activity: 798
Merit: 1000
21 million. I want them all.

Good point.  Prediction markets, decentralized or not, are a brilliant use case for XMR.  I'm surprised nobody thought of it sooner!   Cool

A.  lobby existing prediction markets to accommodate XMR when KoziTwo's gateway is available
B.  incorporate the feature into our OpenBazaar fork
C.  create standalone FOSS
and/or
D.   Huh

D. Use bets to create "bounties" which benefit XMR.

For example:

"Will begin accepting XMR before Jan 1 2017?"

Most bets will be "no."  

The administrator bets yes, starts accepting XMR, and collects the fee. It's more fun than a bounty because anyone can take either side of the bet.
legendary
Activity: 2968
Merit: 1198
You can certainly take the data from the p2pstate.bin file and plot it on a map. Not every single single node will be there but many of them will.

So can the data from daemon be used to set up a graphical representation that shows the strength of the Monero network?  Like this example Bitcoin has https://getaddr.bitnodes.io/

This might be very helpful in seeing what geographical areas of the world need a node.  I'd be interested in donating to a project like this. 

I'd be interested in any thought anybody has.
sr. member
Activity: 306
Merit: 251
So can the data from daemon be used to set up a graphical representation that shows the strength of the Monero network?  Like this example Bitcoin has https://getaddr.bitnodes.io/

This might be very helpful in seeing what geographical areas of the world need a node.  I'd be interested in donating to a project like this. 

I'd be interested in any thought anybody has.
legendary
Activity: 1722
Merit: 1217
So glad to hear there is progress on the database. Thanks devs! I still have that donation waiting for you guys the moment it isn't a pain in the ass to get at my coins.  Smiley
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
It would be awesome to have a decentralized prediction market with Monero. How hard would it be do something along these lines: http://www.augur.net/ ?

Hrm. This is interesting. Especially interesting for monero because one couldn't trace the payments / votes.

Many people will refrain from using prediction markets unless they can do so privately. The quality of predictions should be higher using a private payment method.

Good point.  Prediction markets, decentralized or not, are a brilliant use case for XMR.  I'm surprised nobody thought of it sooner!   Cool

A.  lobby existing prediction markets to accommodate XMR when KoziTwo's gateway is available
B.  incorporate the feature into our OpenBazaar fork
C.  create standalone FOSS
and/or
D.   Huh
pa
hero member
Activity: 528
Merit: 501
It would be awesome to have a decentralized prediction market with Monero. How hard would it be do something along these lines: http://www.augur.net/ ?

Hrm. This is interesting. Especially interesting for monero because one couldn't trace the payments / votes.

Many people will refrain from using prediction markets unless they can do so privately. The quality of predictions should be higher using a private payment method.
hero member
Activity: 658
Merit: 503
Monero Core Team
Development bond pays 8% annual interest in XMR in quarterly coupons, 5 year maturity.
Does it mean that I sell my XMR at present price and if in 5 years it they are worth less than 140% (plus compounded interest) of the current price, it is more profitable than to hold them, right? If this is the case, this means I should gamble that Monero won't be worth more than 0.0017 BTC in 5 years.

Or maybe I misunderstood something.
legendary
Activity: 1260
Merit: 1008
It would be awesome to have a decentralized prediction market with Monero. How hard would it be do something along these lines: http://www.augur.net/ ?

Hrm. This is interesting. Especially interesting for monero because one couldn't trace the payments / votes.
pa
hero member
Activity: 528
Merit: 501
It would be awesome to have a decentralized prediction market with Monero. How hard would it be do something along these lines: http://www.augur.net/ ?
legendary
Activity: 1610
Merit: 1004
Saddam is currently giving away 1 XMR to the next 5 people to join #tippero on freenode!!

 Shocked

edit: only 3 XMR left!!!
legendary
Activity: 2968
Merit: 1198
I have to say I think Tippero is awesome.

This is the kind of thing that can really make a coin stand out in a crowded space.

Nice work.


legendary
Activity: 1276
Merit: 1001
Two more entries in the xmrmonero blog. https://xmrmonero.com/blog. For the moment, entries are not on the

And I added a new article about Tippero. This site seems a good place to get to keep track of Monero related news at a glance. It should complement the ANN thread well - clean overview vs disjointed bazaar of details.

https://xmrmonero.com/
hero member
Activity: 658
Merit: 503
Monero Core Team
Two more entries in the moneroeconomy blog. https://moneroeconomy.com/blog. For the moment, entries are not on the main page, it may change if people consider it makes sense, even if blogs are personal posts (Monero news is the "news" tab). I remind you there is a forum too (https://moneroeconomy.com/forum), as well as a FAQ (https://moneroeconomy.com/faq-page) and a wiki (https://moneroeconomy.com/wiki which still needs some improvements).

A sample of the todo list:
- Reference section with link to reference page, as well as charts and tutorials <== you can help here!
- Listing external projectswith link to reference page, as well as charts <== you can help here!
- Internationalisation of key content
- Better highlight the differences between this website and the official Monero website. More advocacy articles
- Better carrousel
hero member
Activity: 869
Merit: 585
I would have thought that Monero would appreciate against Bitcoin in times like these.
You have a different point of view.  But I asked a specific, practical question.  Can I send xmr?
legendary
Activity: 1750
Merit: 1036
Facts are more efficient than fud
Quote from: drawingthe 583449.msg10187972#msg10187972 date=1421517836
I would have thought that Monero would appreciate against Bitcoin in times like these.

Very few applications in which you can use Monero at the moment and it doesn't seem like many investors/speculators know about it yet. Hard to get traction when there's little speculation or actual use. Which is cool, I want to buy more and more and more....  Cool
legendary
Activity: 1176
Merit: 1015
I would have thought that Monero would appreciate against Bitcoin in times like these.
hero member
Activity: 869
Merit: 585
Okay, so regarding the development bond, consider this a solicitation of expressions of interest.  PM me with the XMR par value total you would be interested in.  No prospectus will be provided unless expressions of interest reach a useful total sum.  All replies in PM will be held in confidence.  If you require a non BTCT secure channel, send me a PGP public key.  Expressions of interest do not constitute any form of contract.

Yes it would be feasible to do this as a smart contract (hence distributed and cryptographically secured) were it to pay in something other than XMR.  If I have time, I will look into ways of doing this for XMR.  The fallback would be to put the hedging funds into a wallet with a published viewkey and have an underwriter you can sue or whatever.  If your interest is conditional on a viable smart contract format, please mention that in any message to me.

This will, if completed, probably be a Reg S debt offering under U.S. law:  It will all be done offshore, on the good faith understanding that no U.S. persons are solicited.

I have xmr that I have held since almost the beginning.  It's clearly going to be dead weight for the foreseeable future, so I would like to invest it in your bond.
Will you allow an investor to send you xmr directly?  It is much more appealing than selling the xmr and sending you the btc.
Jump to: