Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1371. (Read 4670630 times)

Very true, If he couldn't find something to use he would have fabricated it.

XMR is the future.

Sure, just depends on the legacy that matters to BCX.  All that remains would be for BCX to claim victory.  After all, BCX got everything BCX asked for from the outset.

We all can see how BCX's crushing might of brute force hashing, summonable on command plus a deep history of expert TW assaults and DDoS capability of BCX's repute, has forced the hand of the XMR dev team to alter their commits just to address this threat. 

That the DEV team also came to BCX, hat in hand, asking publicly for help from BCX shows their both humility and single-minded dedication to the success of their project.  They dropped all pretense of ego, all they care about is tight code.  They seem willing to admit that given enough power, the block chain, any block chain, can be overwhelmed. 
They did manage to raise the barricades a good bit, and battened down the hatches with their decentralized and nimble checkpointing innovation.  This would make any TW dependent attack much more costly to BCX with much less disruptive effect.

XMR is in the crib, in the years to come it will have to contend with much greater adversaries than BCX.  It was born out of a litter of CryptoNote alts, had a brief foster parentage with TFT, and now has a strong well balanced family of its own with its current team.

There is no perfect offering, XMR just managed to achieve "best yet", and within the 72 hours of the BCX challenge issued.  Other baby alts would be wise to follow this leadership in TW defenses.

There are TLAs more powerful than BCX.  Thanks to BCX, XMR is a bit more ready for those challenges to come.

I told everybody two months ago.

e.g. https://bitcointalksearch.org/topic/m.8049862

Did he really achieve b?  The following was his last post in that thread.



That "work something out" sounds like _________

His quote also includes "proof" of his bogus claim of having already affected the blockchain.

Agree, the Bit Corn moniker is something no prophet wants, especially when they claim to have the the keys to the collapse. You can spin it however you want, but this stinks of failure.

No legacy ever existed.

For the most part I would agree with this.  But if I were BCX I would find the hit to my reputation a bit hard to reconcile.  In the end he just was a lying manipulator.  And perhaps this is enough for him to have fun.

In the end his credibility was badly damaged by this.

BCX!  Crusher of Solidcoin!  Destroyer of Auroracoin. 

Played peek-a-boo with Monero.

Doesn't really continue the legacy does it? 

This is fine for speculating on what ulterior motives might be at play, however...
If you take BCX at just what BCX said, it wasn't about the price.

There were other things BCX claimed to want:
1)  "Forced Evolution"
2)  "requests for help from developers"

BCX achieved both of these.  These goals are also consistent with the general goals of the broad community of crypto currency workers (but perhaps with the exception of the threat of the use of force to achieve them).
This was a no-lose scenario for BCX, just different sorts of wins.

ya ... i don't get it.

dissapointed in bcx   

How long since the "attack" has started?
Aren't those few days already over?

Hubris could also be a factor. Like a North Korean dictator's perfect game, BCX might buy into the notion of infallibility.

Ahhh - litecoin.  That is the only rational explanation that I've said from the beginning makes sense.

I believe he got litecoin for around 0.20 each.  XMR isn't a sure thing with BBR plus dealing with a new codebase that still isn't fully understood. 

a second thing bcx could have tried is to destroy the reputation of xmr, but why?

there is no real competitor, I doubt he bought darkcoin, not sure on anoncoin.

him being afraid that monero could really get litecoins position, but why wouldn't he simply buy or mine xmr when they are cheap.

I was quite sure that he was in interested in cheap xmr but I think thehn he would have cleared things up afterwards.

What do you mean untenable?  To be a devils advocate - isn't whoever has worse odds going to be the one avoiding the bet?  Hence Risto had less favorable odds than BCX?

The bet is untenable. It is game-theoretically impossible for Risto (or anybody else, who we suppose helps XMR) to accept it. BCX is an asshole, but he's not an idiot and perfectly knew that.

I assumed the 500 btc bet was to encourage a collusion of interested parties. If a consortium could guarantee a 500 BTC return for their efforts, they would expend more resources to gain a favorable result.

But then I always assume there's a rational plan, but that's not always the case.

No offense but I don't think BCX is trying to trade his reputation for a 15% discount on Monero.

His 500BTC bet offer seems to back up my assumption.

Price falls, and the difficulty increases   - good signals ... coming Pump

Hype gets more results than actual attacks sometimes. I'm thinking of the show Borgias. The French butchered a town when they entered Borgias territory to make future towns unlikely to show resistance. The Borgias son  returned the favor when he had plaster cannons made and moved to the turrets of Rome. The French withdrew for fear of having their army decimated by the imagined threat.

For me, I view FUD attacks as buying opportunities. The best revenge is showing your enemies how much they've helped you. Can't thank BCX enough. If he got discounted XMR, he should make a donation to the developers of his new investment. If he sells to make a quick buck, then he'll understand--one day soon, I hope--Monero is a global cash system and you always want to have cash on hand.