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Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 551. (Read 4671924 times)

legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
what? XMR almost $5? it's just $2 a couple of days ago. what's goin' on in here?

I'd like to ask the same thing.. Monero has increased by 85% today.. This looks very suspicious. I'd be surprised if it keeps its current value

Price talk is best relegated to the speculation thread - please, good sirs.

Sorry, my bad. I've just gotten a little bit shocked coz i got off from XMR 2 days ago.

That's nothing you can't fix.  This isn't the last big move by any means.  But now I am speculating😜
legendary
Activity: 1098
Merit: 1000
Angel investor.
What happened to this coin, the price is crazy.
sr. member
Activity: 403
Merit: 257
what? XMR almost $5? it's just $2 a couple of days ago. what's goin' on in here?

I'd like to ask the same thing.. Monero has increased by 85% today.. This looks very suspicious. I'd be surprised if it keeps its current value

Price talk is best relegated to the speculation thread - please, good sirs.

Sorry, my bad. I've just gotten a little bit shocked coz i got off from XMR 2 days ago.
newbie
Activity: 28
Merit: 0
thanks easy 100% for one day.....
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
what? XMR almost $5? it's just $2 a couple of days ago. what's goin' on in here?

I'd like to ask the same thing.. Monero has increased by 85% today.. This looks very suspicious. I'd be surprised if it keeps its current value

Price talk is best relegated to the speculation thread - please, good sirs.
hero member
Activity: 644
Merit: 501
what? XMR almost $5? it's just $2 a couple of days ago. what's goin' on in here?

I'd like to ask the same thing.. Monero has increased by 85% today.. This looks very suspicious. I'd be surprised if it keeps its current value
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
No other coin offers the privacy, untraceability, fungibility, and security in a decentralized system (no trusted setup required).

If the Mossad ever gets around to releasing zcash.

Can you support this claim in any way? I would even be interested in anecdotal observations that point this way.

At least Ben-Sasson and Gabizon were IDF.  I have no dox that they were SIGINT, but would be surprised if they were not, given their academic proclivities.

If anyone has more facts on the ground in this, I am very interested.  I am just going with what I have, and drawing central tendency inferences, which have wide credible intervals.

legendary
Activity: 1624
Merit: 1008
While everybody is going crazy the work continues.  Today 6 pull request from 3 different contributors were merged.
legendary
Activity: 2268
Merit: 1141
legendary
Activity: 2464
Merit: 1145
Can anyone tell me if mining xmr is economically viable?

No, you have to figure that out for yourself depending on your resources and costs. Everyone's situation is different. Though historically when there has been a BIG price increase like this mining has often been profitable for many.

I understand thanks, maybe you have some useful links where I can start to research?

I didn't really read into xmr so far.
sr. member
Activity: 403
Merit: 257
what? XMR almost $5? it's just $2 a couple of days ago. what's goin' on in here?
sr. member
Activity: 414
Merit: 250
The power of cryptography should not be taken lightly by anyone. This rise is unprecedented....my gut tells me cryptonote is something great. I have just finished the WP.

Interesting articles for XMR peeps:

1. http://www.wired.com/1994/12/emoney/

2. http://groups.csail.mit.edu/mac/classes/6.805/articles/money/nsamint/nsamint.htm

3. http://www.nytimes.com/1994/12/31/us/computer-jokes-and-threats-ignite-debate-on-anonymity.html?pagewanted=all

4. http://osaka.law.miami.edu/~froomkin/articles/cfp97.htm

5. http://www.cs.utah.edu/~kmay/look/digital/Laundry.htm

6. http://www.forbes.com/forbes/1997/0908/6005172a.html  -"There is another dimension to the spread of crypto. The same mathematical tricks used to encode a message can be run in reverse, to generate a so-called digital signature. This is a computer stamp of authenticity. It can be used to prove that an electronic document originated with a particular sender, such as a bank depositor or a bank officer. Assemble a few digital signatures in a clever fashion and you have created a mechanism for digital cash;a system of electronic payments akin to Visa or MasterCard but with the added feature that it can be made anonymous." - FORBES 1997

These papers absolutely must be read.

Bunch of taking advantages informations about how +71,65% was made by one quick shot.

hero member
Activity: 804
Merit: 500
DAO ↔ DApp
I've always been a fan of $XMR and have been letting people know how good it is
https://twitter.com/jessecouch/status/699007823372427264
hero member
Activity: 672
Merit: 500
The power of cryptography should not be taken lightly by anyone. This rise is unprecedented....my gut tells me cryptonote is something great. I have just finished the WP.

Interesting articles for XMR peeps:

1. http://www.wired.com/1994/12/emoney/

2. http://groups.csail.mit.edu/mac/classes/6.805/articles/money/nsamint/nsamint.htm

3. http://www.nytimes.com/1994/12/31/us/computer-jokes-and-threats-ignite-debate-on-anonymity.html?pagewanted=all

4. http://osaka.law.miami.edu/~froomkin/articles/cfp97.htm

5. http://www.cs.utah.edu/~kmay/look/digital/Laundry.htm

6. http://www.forbes.com/forbes/1997/0908/6005172a.html  -"There is another dimension to the spread of crypto. The same mathematical tricks used to encode a message can be run in reverse, to generate a so-called digital signature. This is a computer stamp of authenticity. It can be used to prove that an electronic document originated with a particular sender, such as a bank depositor or a bank officer. Assemble a few digital signatures in a clever fashion and you have created a mechanism for digital cash;a system of electronic payments akin to Visa or MasterCard but with the added feature that it can be made anonymous." - FORBES 1997
hero member
Activity: 1092
Merit: 507
btcstakes.com
Never thought Monero would pump near $5 again like in 2014.  Undecided
Too risky for me right now.
legendary
Activity: 2968
Merit: 1198
Can anyone tell me if mining xmr is economically viable?

No, you have to figure that out for yourself depending on your resources and costs. Everyone's situation is different. Though historically when there has been a BIG price increase like this mining has often been profitable for many.
sr. member
Activity: 350
Merit: 250
sorry but i agree with @regexlove... way too risky buy xmr now.
but still great news and i'll buy in the first opportunity.
hero member
Activity: 672
Merit: 500
THIS IS RECORD BREAKING MOVEMENT - ETH ALL OVER AGAIN CONFIRMED - GET IN NOW IF YOU MISSED ETH RISE.
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
Does anyone want to take over the Hungary node?

https://monerohash.com/nodes-distribution.html

I would like to take ownership back in case nobody else wants his very own Monero node for the equivalent of just 4$ per month (payable in Bitcoin, or Monero through XMR.to).

Could be great if we could buy Raspberry Pi with Monero node, to let run somewhere in your house...

For decentralization purposes it would indeed be better to have it running from my own ISP. On the other hand, the mentioned node is currently the only one running in Hungary (and from the used VPS provider).

Already bought the Raspberry Pi though, just haven't made the time to actually set it up. I justify this lazy behavior by already running a full Monero node on the other high performance VPS I manage, next to the bandwidth hungry Bitcoin node.
full member
Activity: 608
Merit: 100
1. On anonymity hype:

As Richard Stallman said,
1.  You may want to support anonymity of most payers/donators generally,
    but you may not want to specifically supporting anonymity of receivers/services, including evil ones/gun sellers/....

2. Most of the technical foundations of blockchains aren't all new.   
   Important are the social developments.   

https://www.youtube.com/watch?v=RZ_3MKomQzY#t=220

Transparency VS Anonymity
If society had to chose one it would keep Transparency.
but there is no Transparency VS Anonymity  knock-out

(Neither   Direct democracy VS 'blockchain immutability'  to make another example)

Each thing exists to some degree anyway. Bitcoin supports annoymity as far as you an fun an account anonymously.
We (society) have to go for the best/safest design to define their scope and co-existence responsibly.
There is always advantages/convenience to be unlocked, yet more importantly we do not want to enable dangers.

- If something represents anonymity only in exchange for transparency that does not represent what supporters of anonymity generally meant,
 and it will not be used widely, when most people and legal behavior will stay out for good and all remaining users may be under general suspicion .

(Similarly:  If something represents 'blockchain immutability' in exchange for direct democracy, then it also does not represent the pure original point/relevant, but much rather the specific trade-off to favor immutability against direct democracy.)

But of course you actually want to come up with a solution carefully sorting out the safest combination of everything relevant

 2. Beware of the ongoing Monero pump.   

-Trollbox calls for buying or selling are more often false than true. 
-When shortsqueezes happen the market is in perpetual motion up for a short time but can crash any moment and the risk/reward ratio is worst.  Every money you throw on it may end in the pumper's pocket. They may also control spikes up and down in interest rates and thus trigger waves of waiting orders.

-Once people calm and stop falling for the hysteria,  the order book and trading volume vanish ( alone with the sneaky pump&dumping opportunity they triggered),
but before that they are not afraid to trade their >= Bitcoins in circles, wasting tons of fees,  raising irrational FEAR and FOMO equally.

-Other cryptonote based currencies did not jump a lot

- I correctly alerted several pumps already:
 Especially Monero and Factom pumping on the same day happend before
 (and was noway sustainable)


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