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Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1989. (Read 4670972 times)

sr. member
Activity: 322
Merit: 250
Guys, what is the best pool to mine at nowadays?
hero member
Activity: 543
Merit: 500
Monero is now on minergate! First and only reliable CN pool. Join in.
what are the fees
2.5%

Monero is now on minergate! First and only reliable CN pool. Join in.

No thanks, we have open source pool software here and u don't seem to interesting in supporting the os approach.
LOL, I am not a dev, just spreading the news Cheesy
sr. member
Activity: 280
Merit: 250
Who cares?
Quote

i am not in the mining business - but this is kind of funny. It was completely visible here. I found this coins maybe 3-4 after the announcement, the thread already had 20 pages, there was a well managed otc trade in the marketplace. what do people expect? - an anouncement in the new york times?


LOL & +1
hero member
Activity: 742
Merit: 500
I didn't know about this. That is my mistake.

We have moved out some of our investment.

Bytecoin was forked into a coin that the community could participate in from day one.
Alas, none of the bugs or short comings were fixed in doing that— and it doesn't appear that any of the people involved in it have the background for the low level work. So you might have just written out the only active developers of the software, may not bode well for continued development.

The fork also can't claim to be roses and sunshine wrt fairness: As someone very interested in privacy technology and as someone who is usually near the hub of technical discussion in the Bitcoin system, I'd never heard of that fork until just recently— nearly a month after it's start.  And… has a very fast coin distribution, and was started with a difficulty much lower than the network could support. A lot could have been done to improve fairness (e.g. fixing the subsidy to a low level at least until the difficulty crossed the level where the prior system was, or setting the minimum difficulty to a good fraction of the achieved rate), promoting it outside of pools of altcoin speculators (e.g. why do I hear about zerocash 100,000 times for every time I hear about this stuff?), etc.   Not that I think that any of the altcoin stuff is advisable, but if you're going to make a fork on the virtue of fairness wouldn't it behoove you to actually be fair? Smiley

And, of course, the fork has now also been forked. That one at least tames the insanely fast distribution somewhat... but it too doesn't fix any of the worse parts... I can only imagine that we're going to continue to see once a month forks of that stuff— suits me fine, while the technology is interesting and useful, the speculative churn is not.



is this fud?

he claims to be an expert and he implies he has his finger on the pulse of cryptocurrency. yet, he found out about this coin 1 month after it has come out. I had only heard of bitcoin in passing, never knew whta it was and signed up on bitcointalk and found out about this coin the day it was announced. either he is a fud spreder, or this should be humbling as he may not be the expert he claims to be.



i am not in the mining business - but this is kind of funny. It was completely visible here. I found this coins maybe 3-4 after the announcement, the thread already had 20 pages, there was a well managed otc trade in the marketplace. what do people expect? - an anouncement in the new york times?

legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
It's not something you can definitively say won't happen.
is this fud?

Yes, that's pretty much the definition of FUD: "It's not something you can definitively say won't happen".

sr. member
Activity: 280
Merit: 250
Who cares?
Risky investing is something with so many clones, and no first mover advantage. At this point it's naive to suggest that Monero will be "the" Cryptonote coin simply because it was the first Bytecoin clone.

actually, it is the only cryptonote coin that matters so far, and the best privacy of any crypto on the market.
And what makes you think that besides that fact that you're invested in it? A different clone could gather a better development team, and then surpass Monero. It's not something you can definitively say won't happen.
then that coin would definately not have first mover advantage compared to this coin. your concerns seem to be contorted to fit your argument. is this fud?
It's not first mover advantage if it's a carbon copy. "Well we cloned it first!" Sounds a bit trivial doesn't it ?

Tenebrix/Litecoin
hero member
Activity: 532
Merit: 500
Monero is now on minergate! First and only reliable CN pool. Join in.

No thanks, we have open source pool software here and u don't seem to interesting in supporting the os approach.

hero member
Activity: 826
Merit: 500
Risky investing is something with so many clones, and no first mover advantage. At this point it's naive to suggest that Monero will be "the" Cryptonote coin simply because it was the first Bytecoin clone.

actually, it is the only cryptonote coin that matters so far, and the best privacy of any crypto on the market.
And what makes you think that besides that fact that you're invested in it? A different clone could gather a better development team, and then surpass Monero. It's not something you can definitively say won't happen.
then that coin would definately not have first mover advantage compared to this coin. your concerns seem to be contorted to fit your argument. is this fud?
It's not first mover advantage if it's a carbon copy. "Well we cloned it first!" Sounds a bit trivial doesn't it ?
member
Activity: 196
Merit: 10
Monero is now on minergate! First and only reliable CN pool. Join in.
what are the fees
hero member
Activity: 543
Merit: 500
Monero is now on minergate! First and only reliable CN pool. Join in.
member
Activity: 196
Merit: 10
Risky investing is something with so many clones, and no first mover advantage. At this point it's naive to suggest that Monero will be "the" Cryptonote coin simply because it was the first Bytecoin clone.

actually, it is the only cryptonote coin that matters so far, and the best privacy of any crypto on the market.
And what makes you think that besides that fact that you're invested in it? A different clone could gather a better development team, and then surpass Monero. It's not something you can definitively say won't happen.
then that coin would definately not have first mover advantage compared to this coin. your concerns seem to be contorted to fit your argument. is this fud?
hero member
Activity: 599
Merit: 500
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
Risky investing is something with so many clones, and no first mover advantage. At this point it's naive to suggest that Monero will be "the" Cryptonote coin simply because it was the first Bytecoin clone.

actually, it is the only cryptonote coin that matters so far, and the best privacy of any crypto on the market.
And what makes you think that besides that fact that you're invested in it?

my opinion doesnt matter.  your opinion doesnt matter. the market has spoken.  look at the volume.  there can only be one.
newbie
Activity: 14
Merit: 0
How to register all threads in simpleminer?

Run simpleminer as much as you want threads. Example : I'm running a Quad-core AMD, so I run 4 instance of simpleminer.
hero member
Activity: 826
Merit: 500
Risky investing is something with so many clones, and no first mover advantage. At this point it's naive to suggest that Monero will be "the" Cryptonote coin simply because it was the first Bytecoin clone.

actually, it is the only cryptonote coin that matters so far, and the best privacy of any crypto on the market.
And what makes you think that besides that fact that you're invested in it? A different clone could gather a better development team, and then surpass Monero. It's not something you can definitively say won't happen.
member
Activity: 196
Merit: 10
I didn't know about this. That is my mistake.

We have moved out some of our investment.

Bytecoin was forked into a coin that the community could participate in from day one.
Alas, none of the bugs or short comings were fixed in doing that— and it doesn't appear that any of the people involved in it have the background for the low level work. So you might have just written out the only active developers of the software, may not bode well for continued development.

The fork also can't claim to be roses and sunshine wrt fairness: As someone very interested in privacy technology and as someone who is usually near the hub of technical discussion in the Bitcoin system, I'd never heard of that fork until just recently— nearly a month after it's start.  And… has a very fast coin distribution, and was started with a difficulty much lower than the network could support. A lot could have been done to improve fairness (e.g. fixing the subsidy to a low level at least until the difficulty crossed the level where the prior system was, or setting the minimum difficulty to a good fraction of the achieved rate), promoting it outside of pools of altcoin speculators (e.g. why do I hear about zerocash 100,000 times for every time I hear about this stuff?), etc.   Not that I think that any of the altcoin stuff is advisable, but if you're going to make a fork on the virtue of fairness wouldn't it behoove you to actually be fair? Smiley

And, of course, the fork has now also been forked. That one at least tames the insanely fast distribution somewhat... but it too doesn't fix any of the worse parts... I can only imagine that we're going to continue to see once a month forks of that stuff— suits me fine, while the technology is interesting and useful, the speculative churn is not.



is this fud?

he claims to be an expert and he implies he has his finger on the pulse of cryptocurrency. yet, he found out about this coin 1 month after it has come out. I had only heard of bitcoin in passing, never knew whta it was and signed up on bitcointalk and found out about this coin the day it was announced. either he is a fud spreder, or this should be humbling as he may not be the expert he claims to be.

legendary
Activity: 1027
Merit: 1000
How to register all threads in simpleminer?
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
Risky investing is something with so many clones, and no first mover advantage. At this point it's naive to suggest that Monero will be "the" Cryptonote coin simply because it was the first Bytecoin clone.

actually, it is the only cryptonote coin that matters so far, and the best privacy of any crypto on the market.

were it not for the risk we would not be up 40x in 3 weeks.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
I didn't know about this. That is my mistake.

We have moved out some of our investment.

you will probably be buying it back at a higher price later on.
hero member
Activity: 826
Merit: 500
Risky investing is something with so many clones, and no first mover advantage. At this point it's naive to suggest that Monero will be "the" Cryptonote coin simply because it was the first Bytecoin clone.
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