Author

Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1662. (Read 4671953 times)

legendary
Activity: 1722
Merit: 1217
I mean, you are the same guy who said Bitcoin is a ponzi sheme...

Reading through your posts, i see a lot of flaming...

I am also the guy who correctly predicted BTC to drop to $350 and predicted the price rise to slow down due to a mathematical analysis.

Theres simply nothing better than TOR or I2P we have, absolutely nothing, if you can create a better solution...

Correct there is nothing better at the moment for obfuscating the IP address.

Please understand that analysis is orthogonal from inventing new solutions. I am providing analysis.


This is useless against the hunt for wealth coming from the bankrupt socialism in the G20 countries:


 Shocked Dude..Even bitcoin is not immune to the NSA. thats too far fetched now imo....NSA and Quantam Compute immunity that so many people want, comes with time, implementing I2P is still a great start for any coin, NSA immunity and such can come after.....

May be too late to wait to add real protection that I2P and Tor don't provide. ETA for global sovereign debt collapse starts Oct. 2015.

P.S. note I edited my post to change "useless" to "not sufficient".

Oh, I think that I2P+Ring Sigs would offer be more than the perfect anonymous combo for 99.99% of people. And of course, any NSA proof anonymity/what you suggested, should be done, but IMO, after the I2P is already done.

Besides the analysis that ring signatures (at least in the way they are employed in Monero and CryptoNote) are not scalable and thus can't target a large ("99%" of) population, they are not going to provide anonymity for those who want to protect their wealth from the coming global confiscation by the bankrupted western society.

Yes they can provide anonymity against hackers who don't have a backdoor on all traffic passing over the internet, but that is not the point at all for me as to why I wanted an anonymous coin. The entire point all along for me has been how to survive the coming global police state.

It can work for 99% of people, if those people just use it as a form of savings account, a tax haven in the cloud if you will. Obviously not if they are trying to use it for all of their expenditures. But no blockchain will ever scale to that point. Certainly bitcoin will never be able to be used by average joe for day to day transactions. Atleast not in a reasonably decentralized form.

the point is that monero is perfect for "survive the coming global police state" Large amounts in and large amounts in and large amounts out. Put 10,000 dollars in, and when ever you need some cash, withdraw atleast 1000 of it at a time. People who use swiss bank accounts right now arnt using them for every day transactions, they put large sums in, and take large sums out.

*edit* also you can have 1 cryptonote currency for each city, and then one for trading between them. a local currency that you can do smaller trades in and a global currency for moving back and forth between the local ones
hero member
Activity: 518
Merit: 521
I mean, you are the same guy who said Bitcoin is a ponzi sheme...

Reading through your posts, i see a lot of flaming...

I am also the guy who correctly predicted BTC to drop to $350 and predicted the price rise to slow down due to a mathematical analysis.

Theres simply nothing better than TOR or I2P we have, absolutely nothing, if you can create a better solution...

Correct there is nothing better at the moment for obfuscating the IP address.

Please understand. Analysis is orthogonal to inventing new solutions. I am providing analysis.


This is useless against the hunt for wealth coming from the bankrupt socialism in the G20 countries:


 Shocked Dude..Even bitcoin is not immune to the NSA. thats too far fetched now imo....NSA and Quantam Compute immunity that so many people want, comes with time, implementing I2P is still a great start for any coin, NSA immunity and such can come after.....

May be too late to wait to add real protection that I2P and Tor don't provide. ETA for global sovereign debt collapse starts Oct. 2015.

P.S. note I edited my post to change "useless" to "not sufficient".

Oh, I think that I2P+Ring Sigs would offer be more than the perfect anonymous combo for 99.99% of people. And of course, any NSA proof anonymity/what you suggested, should be done, but IMO, after the I2P is already done.

Besides the analysis that ring signatures (at least in the way they are employed in Monero and CryptoNote) are not scalable and thus can't target a large ("99%" of) population, they are not going to provide anonymity for those who want to protect their wealth from the coming global confiscation by the bankrupted western society.

Yes they can perhaps provide anonymity against hackers who don't have a backdoor on all traffic passing over the internet, but that is not the point at all for me as to why I wanted an anonymous coin. The entire point all along for me has been how to survive the coming global police state.
sr. member
Activity: 252
Merit: 250
DarkWallet (which uses CoinJoin but has nothing to do with Darkcoin) gets a nice PR piece by Wired here - http://www.wired.com/2014/07/inside-dark-wallet/

Trouble is, when I read it I can't help thinking they are going to all this effort to reverse engineer a level of anonymity onto Bitcoin which will always be questionable. If Monero can get to a similar level of user friendliness within a sensible timeframe then it has all those questions answered and no doubt Wired will be publishing articles like "Monero - the currency of liberty?". At least I hope that will happen....
hero member
Activity: 532
Merit: 500
This is useless against the hunt for wealth coming from the bankrupt socialism in the G20 countries:


 Shocked Dude..Even bitcoin is not immune to the NSA. thats too far fetched now imo....NSA and Quantam Compute immunity that so many people want, comes with time, implementing I2P is still a great start for any coin, NSA immunity and such can come after.....

May be too late to wait to add real protection that I2P and Tor don't provide. ETA for global sovereign debt collapse starts Oct. 2015.

P.S. note I edited my post to change "useless" to "not sufficient".

Did you ever do something except talking? Serious question.

I mean, you are the same guy who said Bitcoin is a ponzi sheme - and we are here in the Bitcoin forum... (https://bitcointalksearch.org/topic/m.1668999)

Reading through your posts, i see a lot of flaming, dissing of bitcoin and everything else and claiming there are "better" ways, but - absolutely no concrete solutions.

Theres simply nothing better than TOR or I2P we have, absolutely nothing, if you can create a better solution - feel free to make a pull request to our github, i will even pay you for it.
hero member
Activity: 770
Merit: 500
This is useless against the hunt for wealth coming from the bankrupt socialism in the G20 countries:


 Shocked Dude..Even bitcoin is not immune to the NSA. thats too far fetched now imo....NSA and Quantam Compute immunity that so many people want, comes with time, implementing I2P is still a great start for any coin, NSA immunity and such can come after.....

May be too late to wait to add real protection that I2P and Tor don't provide. ETA for global sovereign debt collapse starts Oct. 2015.

P.S. note I edited my post to change "useless" to "not sufficient".

Oh, I think that I2P+Ring Sigs would offer be more than the perfect anonymous combo for 99.99% of people. And of course, any NSA proof anonymity/what you suggested, should be done, but IMO, after the I2P is already done.
hero member
Activity: 518
Merit: 521
This is useless against the hunt for wealth coming from the bankrupt socialism in the G20 countries:


 Shocked Dude..Even bitcoin is not immune to the NSA. thats too far fetched now imo....NSA and Quantam Compute immunity that so many people want, comes with time, implementing I2P is still a great start for any coin, NSA immunity and such can come after.....

May be too late to wait to add real protection that I2P and Tor don't provide. ETA for global sovereign debt collapse starts Oct. 2015.

P.S. note I edited my post to change "useless" to "not sufficient".
hero member
Activity: 770
Merit: 500
Update: 2014/05/25

The Monero team is happy to announce that we will be sponsoring development on the I2P project with a view to baking I2P support in to Monero!

What is I2P?

I2P is the Invisible Internet Project. Its design goals are somewhat similar to projects such as Tor and Freenet - allowing people to use the Internet in a completely private fashion, without fear of anyone looking over their proverbial shoulder. Tor is currently usable as a communications layer for Monero merely by using the Tor tools to reroute traffic over the Tor network. However, I2P presents a challenge, as the current router software is written in Java, and the Monero project would not like to add Java as a dependency, neither would it make sense to add is as an attack surface.

What does this mean?

As work progresses on this, the Monero project will be able to include I2P as an optional communications layer without requiring the running of a full Java router. Monero users that choose not to use I2P will, of course, be able to use the open web for communication, but it is our aim that I2P will be the default communication method for many (or most) Monero nodes. And all of this will be done without compromising our user's privacy or overcomplicating core requirements!

When will this be available?...


This is not sufficient against the hunt for wealth coming from the bankrupt socialism in the G20 countries:


 Shocked Dude..Even bitcoin is not immune to the NSA. thats too far fetched now imo....NSA and Quantam Compute immunity that so many people want, comes with time, implementing I2P is still a great start for any coin, NSA immunity and such can come after.....
hero member
Activity: 518
Merit: 521
Update: 2014/05/25

The Monero team is happy to announce that we will be sponsoring development on the I2P project with a view to baking I2P support in to Monero!

What is I2P?

I2P is the Invisible Internet Project. Its design goals are somewhat similar to projects such as Tor and Freenet - allowing people to use the Internet in a completely private fashion, without fear of anyone looking over their proverbial shoulder. Tor is currently usable as a communications layer for Monero merely by using the Tor tools to reroute traffic over the Tor network. However, I2P presents a challenge, as the current router software is written in Java, and the Monero project would not like to add Java as a dependency, neither would it make sense to add is as an attack surface.

What does this mean?

As work progresses on this, the Monero project will be able to include I2P as an optional communications layer without requiring the running of a full Java router. Monero users that choose not to use I2P will, of course, be able to use the open web for communication, but it is our aim that I2P will be the default communication method for many (or most) Monero nodes. And all of this will be done without compromising our user's privacy or overcomplicating core requirements!

When will this be available?...


This is not sufficient against the hunt for wealth coming from the bankrupt socialism in the G20 countries:
legendary
Activity: 2968
Merit: 1198
Hey dont follow the coin that much, but can somebody explain me why the price is down from 0.008 to 0.0028?

And will it go back up?

Thanks

Actual question is why the price was up from 0.0028 to 0.008 at Jun 22. Finding answer that, you win a prize.

Say about Monero your friends, donate dev team, don't mine, create a service for Monero, and you'll for sure price will go up.


Extreme hype about being listed on mintpal when the coin was already very heavily traded (as in most heavily traded coin in the history of the exchange I believe) on poloniex. One more exchange was really not a big enough of a liquidity event to account for a 3x increase in value, so once the hype and mania was over, the price returned to normal.



legendary
Activity: 2968
Merit: 1198
Hey dont follow the coin that much, but can somebody explain me why the price is down from 0.008 to 0.0028?

And will it go back up?

Thanks

Actual question is why the price was up from 0.0028 to 0.008 at Jun 22. Finding answer that, you win a prize.

Say about Monero your friends, donate dev team, don't mine, create a service for Monero, and you'll for sure price will go up.


Well actually its probably better if you do mine if you are intending on holding the coins, means less for the people who intend to mine&sell. Obviously that only works so far, if too many mine and hold then the price goes up and attracts more to mine&sell Smiley

There is no real difference between mining and holding on the one hand and buying and holding on the other hand. The latter is easier and cheaper to do at scale for many people who aren't expert miners, and has the exact same effect on the price. So it is likely the better approach for most.

Small scale mining where you just turn on mining in the wallet on a computer you already own ("start_mining" command) and are already running a wallet would be an exception. Everyone who wants to support this coin (and perhaps get lucky and receive a nice block of free coins) should do that. 

legendary
Activity: 3570
Merit: 1959
Hey dont follow the coin that much, but can somebody explain me why the price is down from 0.008 to 0.0028?

And will it go back up?

Thanks

Actual question is why the price was up from 0.0028 to 0.008 at Jun 22. Finding answer that, you win a prize.

Say about Monero your friends, donate dev team, don't mine, create a service for Monero, and you'll for sure price will go up.


Well actually its probably better if you do mine if you are intending on holding the coins, means less for the people who intend to mine&sell. Obviously that only works so far, if too many mine and hold then the price goes up and attracts more to mine&sell Smiley

For me, I'm able to mine a whopping .5 xmr a day using claymores miner and one  amd r9 270 card per day. I can only make about .78 USD per day or two on other sites. Or, maybe its because moneropool.com just rocks, I dunno, but I'm mining, sorry!
hero member
Activity: 658
Merit: 500
Admin of DwarfPool.com

On Dwarfpool you can determine your rigs SEPARATELY for better vardiff, lower rejects and detailed statistic.

You can also mine direct to any exchange. more details on http://dwarfpool.com/xmr


1% fee forever for members who will come within next 4 days! From Wednesday 16.07 fee will increase to 2%  



hero member
Activity: 658
Merit: 500
Admin of DwarfPool.com
Reliable DwarfPool for Monero

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  Choose the closest one as a main server, the others as backup or use them at once.
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legendary
Activity: 3570
Merit: 1959
sr. member
Activity: 280
Merit: 250
Who cares?
Hey dont follow the coin that much, but can somebody explain me why the price is down from 0.008 to 0.0028?

And will it go back up?

Thanks

Actual question is why the price was up from 0.0028 to 0.008 at Jun 22. Finding answer that, you win a prize.

Say about Monero your friends, donate dev team, don't mine, create a service for Monero, and you'll for sure price will go up.


thanks. I hear real good things about Monero, maybe 100$ in a year or something?!! Smiley

Sometimes I wonder if bitcoin will be worth 100$ in a year.  Sad
sr. member
Activity: 252
Merit: 250
Hey dont follow the coin that much, but can somebody explain me why the price is down from 0.008 to 0.0028?

And will it go back up?

Thanks

Actual question is why the price was up from 0.0028 to 0.008 at Jun 22. Finding answer that, you win a prize.

Say about Monero your friends, donate dev team, don't mine, create a service for Monero, and you'll for sure price will go up.


Well actually its probably better if you do mine if you are intending on holding the coins, means less for the people who intend to mine&sell. Obviously that only works so far, if too many mine and hold then the price goes up and attracts more to mine&sell Smiley
legendary
Activity: 1148
Merit: 1000
Hey dont follow the coin that much, but can somebody explain me why the price is down from 0.008 to 0.0028?

And will it go back up?

Thanks

Actual question is why the price was up from 0.0028 to 0.008 at Jun 22. Finding answer that, you win a prize.

Say about Monero your friends, donate dev team, don't mine, create a service for Monero, and you'll for sure price will go up.


thanks. I hear real good things about Monero, maybe 100$ in a year or something?!! Smiley
member
Activity: 119
Merit: 10
Hey dont follow the coin that much, but can somebody explain me why the price is down from 0.008 to 0.0028?

And will it go back up?

Thanks

Actual question is why the price was up from 0.0028 to 0.008 at Jun 22. Finding answer that, you win a prize.

Say about Monero your friends, donate dev team, don't mine, create a service for Monero, and you'll for sure price will go up.
legendary
Activity: 1078
Merit: 1059
FROSTING
Hey guys!

Today I have finished implementing of Stratum!

Moreover - now you can connect to Minergate.com using ANY miner. If you can find a miner which is not supported – please PM me or use support form on the site. However, keep in mind that the Minergate miner – is the ONLY miner which allows you to merge mine FCN and MCN in addition to major coins without reducing its hashrate. If you can find a miner with higher hashrate – again, inform me Smiley

Finally, I have implemented the Payment ID and now you can send funds directly to merchants or exchanges. To do so just fill in Payment ID field with the key which you have received in the payment details of Exchange.

I hope you will enjoy these features! I plan to add even more amazing features, so keep in touch!

P.S. I want to expand my little team so If you can do cool staff – please contact me.

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