[XMR] Monero - A secure, private, untraceable cryptocurrency - page 660.

Herp

sr. member

Activity: 294

Merit: 250

Quote from: wpalczynski on February 23, 2016, 05:08:54 PM

Quote from: Herp on February 23, 2016, 04:58:40 PM

Quote from: CTTE on February 23, 2016, 04:24:34 PM

Do you actually know how stupid that sounds when you use the phrase "fake volume pump"? The volume is the volume... either Monero was traded or it wasn't! There is no such thing as "fake volume".

Wow. Amazing.

Are monero community members this retarded? This project is going down fast.

Of course there is such a thing as fake volume, organized pumps and such. Poor sucker... I take pity on you.

http://www.ofnumbers.com/2014/01/03/how-to-detect-if-a-cryptocurrency-exchange-is-fudging-numbers/
http://www.coindesk.com/reality-chinese-trading-volumes/
http://www.coindesk.com/huobi-ceo-addresses-fake-trading-volume-rumours/
http://www.bitcoinfuturesguide.com/bitcoin-blog/is-there-fake-trading-volume-on-bitstamp
https://bitcointalksearch.org/topic/is-there-fake-trading-volume-on-bitstamp-1253730

Saying Fake you are implying that those trades did not in fact happen? Volume is falsified by Poloniex?

Or are you alleging some organized selling and buying effort in what you refer to as the pump? In which case the volume wouldn't be fake.

I don`t like repeating myself but what the hell:

https://bitcointalksearch.org/topic/m.13907908

I have made this call on the 16. Where was price and volume then and where is price and volume now?

wpalczynski

legendary

Activity: 1456

Merit: 1000

Quote from: GingerAle on February 23, 2016, 05:11:20 PM

jesus monkey butt stop quoting and responding to this guy! He will eventually go away.

My bad. I usually don't feed the trolls but I indulged.

GingerAle

legendary

Activity: 1260

Merit: 1008

jesus monkey butt stop quoting and responding to this guy! He will eventually go away.

wpalczynski

legendary

Activity: 1456

Merit: 1000

Quote from: Herp on February 23, 2016, 04:58:40 PM

Quote from: CTTE on February 23, 2016, 04:24:34 PM

Do you actually know how stupid that sounds when you use the phrase "fake volume pump"? The volume is the volume... either Monero was traded or it wasn't! There is no such thing as "fake volume".

Wow. Amazing.

Are monero community members this retarded? This project is going down fast.

Of course there is such a thing as fake volume, organized pumps and such. Poor sucker... I take pity on you.

http://www.ofnumbers.com/2014/01/03/how-to-detect-if-a-cryptocurrency-exchange-is-fudging-numbers/
http://www.coindesk.com/reality-chinese-trading-volumes/
http://www.coindesk.com/huobi-ceo-addresses-fake-trading-volume-rumours/
http://www.bitcoinfuturesguide.com/bitcoin-blog/is-there-fake-trading-volume-on-bitstamp
https://bitcointalksearch.org/topic/is-there-fake-trading-volume-on-bitstamp-1253730

Saying Fake you are implying that those trades did not in fact happen? Volume is falsified by Poloniex?

Or are you alleging some organized selling and buying effort in what you refer to as the pump? In which case the volume wouldn't be fake.

Herp

sr. member

Activity: 294

Merit: 250

Quote from: CTTE on February 23, 2016, 04:24:34 PM

Do you actually know how stupid that sounds when you use the phrase "fake volume pump"? The volume is the volume... either Monero was traded or it wasn't! There is no such thing as "fake volume".

Wow. Amazing.

Are monero community members this retarded? This project is going down fast.

Of course there is such a thing as fake volume, organized pumps and such. Poor sucker... I take pity on you.

http://www.ofnumbers.com/2014/01/03/how-to-detect-if-a-cryptocurrency-exchange-is-fudging-numbers/
http://www.coindesk.com/reality-chinese-trading-volumes/
http://www.coindesk.com/huobi-ceo-addresses-fake-trading-volume-rumours/
http://www.bitcoinfuturesguide.com/bitcoin-blog/is-there-fake-trading-volume-on-bitstamp
https://bitcointalksearch.org/topic/is-there-fake-trading-volume-on-bitstamp-1253730

CTTE

full member

Activity: 227

Merit: 100

Do you actually know how stupid that sounds when you use the phrase "fake volume pump"? The volume is the volume... either Monero was traded or it wasn't! There is no such thing as "fake volume".

Herp

sr. member

Activity: 294

Merit: 250

Quote from: CTTE on February 23, 2016, 02:44:44 PM

Quote from: Herp on February 23, 2016, 01:37:20 PM

Quote from: aminorex on February 23, 2016, 01:31:57 PM

Did a little study of historical GDP trends. Upon reasonable assumptions, I conclude that global per capita GDP has grown 75bp/an since 1500, correlated about R2~0.7 with population growth rate (albeit highly non-linear). Why do I mention this? Because I think the long-term block subsidy is calibrated very well to support global currency use: The XMR supply can be reasonably expected to increase at almost exactly the same rate the the GDP does, during a period of sustainable population stability, and hence the value of one unit of XMR will tend to be about as stable as one could feasibly hope for it to be, once usage saturation has occurred, regardless of the share of currency, so long as that share is stable. In other words, it is unlikely than anything short of heroically innovative measures could produce a currency which is better suited to long-term value-stability.

Also, please don't water the noxious weeds.

What a profoundly constipated paragraph. Cheesy

In other words, it is unlikely than anything short of heroically innovative measures could produce a currency which is better suited to long-term value-stability.

Nope. Dozens of cryptocurrencies out there that are much more innovative and cooler. Dash is one of them. Monero is a one trick pony. It can only do anonymity. Dash can do so much more.

I wouldn't get into it with Aminorex... He can out think you with both lobes tied behind his back! Cheesy

Hope you all know monero's going to 4mil mkt cap where it belongs, don't you? You've been the victims of a fake volume pump as I have warned few days ago.

CTTE

full member

Activity: 227

Merit: 100

Quote from: Herp on February 23, 2016, 01:37:20 PM

Quote from: aminorex on February 23, 2016, 01:31:57 PM

Did a little study of historical GDP trends. Upon reasonable assumptions, I conclude that global per capita GDP has grown 75bp/an since 1500, correlated about R2~0.7 with population growth rate (albeit highly non-linear). Why do I mention this? Because I think the long-term block subsidy is calibrated very well to support global currency use: The XMR supply can be reasonably expected to increase at almost exactly the same rate the the GDP does, during a period of sustainable population stability, and hence the value of one unit of XMR will tend to be about as stable as one could feasibly hope for it to be, once usage saturation has occurred, regardless of the share of currency, so long as that share is stable. In other words, it is unlikely than anything short of heroically innovative measures could produce a currency which is better suited to long-term value-stability.

Also, please don't water the noxious weeds.

What a profoundly constipated paragraph. Cheesy

In other words, it is unlikely than anything short of heroically innovative measures could produce a currency which is better suited to long-term value-stability.

Nope. Dozens of cryptocurrencies out there that are much more innovative and cooler. Dash is one of them. Monero is a one trick pony. It can only do anonymity. Dash can do so much more.

I wouldn't get into it with Aminorex... He can out think you with both lobes tied behind his back! Cheesy

Herp

sr. member

Activity: 294

Merit: 250

Quote from: aminorex on February 23, 2016, 01:31:57 PM

Did a little study of historical GDP trends. Upon reasonable assumptions, I conclude that global per capita GDP has grown 75bp/an since 1500, correlated about R2~0.7 with population growth rate (albeit highly non-linear). Why do I mention this? Because I think the long-term block subsidy is calibrated very well to support global currency use: The XMR supply can be reasonably expected to increase at almost exactly the same rate the the GDP does, during a period of sustainable population stability, and hence the value of one unit of XMR will tend to be about as stable as one could feasibly hope for it to be, once usage saturation has occurred, regardless of the share of currency, so long as that share is stable. In other words, it is unlikely than anything short of heroically innovative measures could produce a currency which is better suited to long-term value-stability.

Also, please don't water the noxious weeds.

What a profoundly constipated paragraph. Cheesy

In other words, it is unlikely than anything short of heroically innovative measures could produce a currency which is better suited to long-term value-stability.

Nope. Dozens of cryptocurrencies out there that are much more innovative and cooler. Dash is one of them. Monero is a one trick pony. It can only do anonymity. Dash can do so much more.

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

Did a little study of historical GDP trends. Upon reasonable assumptions, I conclude that global per capita GDP has grown 75bp/an since 1500, correlated about R2~0.7 with population growth rate (albeit highly non-linear). Why do I mention this? Because I think the long-term block subsidy is calibrated very well to support global currency use: The XMR supply can be reasonably expected to increase at almost exactly the same rate the the GDP does, during a period of sustainable population stability, and hence the value of one unit of XMR will tend to be about as stable as one could feasibly hope for it to be, once usage saturation has occurred, regardless of the share of currency, so long as that share is stable. In other words, it is unlikely than anything short of heroically innovative measures could produce a currency which is better suited to long-term value-stability.

Also, please don't water the noxious weeds.

Herp

sr. member

Activity: 294

Merit: 250

Quote from: itry on February 23, 2016, 01:26:23 PM

I made a good amount with this coin. I still hold a few...can't wait to see it go up

:-)

Hope is not an investment strategy. Wink

itry

newbie

Activity: 4

Merit: 0

I made a good amount with this coin. I still hold a few...can't wait to see it go up

:-)

Herp

sr. member

Activity: 294

Merit: 250

Quote from: birr on February 23, 2016, 01:19:40 PM

Quote from: vokain on February 23, 2016, 10:42:44 AM

Quote from: Herp on February 23, 2016, 08:54:22 AM

Quote from: ?? on ??

Quote from: Herp on February 22, 2016, 09:59:19 PM

If you want to be a destroyer join monero. It's the perfect place for you.

Done and done.

Quote

We knew the world would not be the same. A few people laughed, a few people cried, most people were silent. I remembered the line from the Hindu scripture, the Bhagavad-Gita. Vishnu is trying to persuade the Prince that he should do his duty and to impress him takes on his multi-armed form and says, "Now, I am become Death, the destroyer of worlds." I suppose we all thought that one way or another.

-J. Robert Oppenheimer

Actually Oppenheimer said that with regret, as a bad thing.

Good and bad... such mortal concepts.

Sure, be that way.
Get all Nietzsche on us.

Poor understanding of Nietzsche. It's good and evil, not good and bad he had a beef with. Evil and good presented in this dichotomy are mystical religious concepts.

But back to the issue at hand; I see volume keeps dropping as I've predicted. Down to 80k now from 600k-800k fake volume. Expect volume to go as low as 30k. Price will follow the volume towards 4 mil mkt cap.

birr

hero member

Activity: 870

Merit: 585

Quote from: vokain on February 23, 2016, 10:42:44 AM

Quote from: Herp on February 23, 2016, 08:54:22 AM

Quote from: ?? on ??

Quote from: Herp on February 22, 2016, 09:59:19 PM

If you want to be a destroyer join monero. It's the perfect place for you.

Done and done.

Quote

We knew the world would not be the same. A few people laughed, a few people cried, most people were silent. I remembered the line from the Hindu scripture, the Bhagavad-Gita. Vishnu is trying to persuade the Prince that he should do his duty and to impress him takes on his multi-armed form and says, "Now, I am become Death, the destroyer of worlds." I suppose we all thought that one way or another.

-J. Robert Oppenheimer

Actually Oppenheimer said that with regret, as a bad thing.

Good and bad... such mortal concepts.

Sure, be that way.
Get all Nietzsche on us.

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

https://news.bitcoin.com/meet-top-3-coins-cryptocurrency-anonymity-race/

TL:DR Dash, Monero, Zcash

vokain

legendary

Activity: 1834

Merit: 1019

Quote from: Herp on February 23, 2016, 08:54:22 AM

Quote from: ?? on ??

Quote from: Herp on February 22, 2016, 09:59:19 PM

If you want to be a destroyer join monero. It's the perfect place for you.

Done and done.

Quote

We knew the world would not be the same. A few people laughed, a few people cried, most people were silent. I remembered the line from the Hindu scripture, the Bhagavad-Gita. Vishnu is trying to persuade the Prince that he should do his duty and to impress him takes on his multi-armed form and says, "Now, I am become Death, the destroyer of worlds." I suppose we all thought that one way or another.

-J. Robert Oppenheimer

Actually Oppenheimer said that with regret, as a bad thing.

Good and bad... such mortal concepts.

Herp

sr. member

Activity: 294

Merit: 250

Quote from: ?? on ??

Quote from: Herp on February 22, 2016, 09:59:19 PM

If you want to be a destroyer join monero. It's the perfect place for you.

Done and done.

Quote

We knew the world would not be the same. A few people laughed, a few people cried, most people were silent. I remembered the line from the Hindu scripture, the Bhagavad-Gita. Vishnu is trying to persuade the Prince that he should do his duty and to impress him takes on his multi-armed form and says, "Now, I am become Death, the destroyer of worlds." I suppose we all thought that one way or another.

-J. Robert Oppenheimer

Actually Oppenheimer said that with regret, as a bad thing.

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

Quote from: aiwe on February 23, 2016, 04:05:43 AM

Not to off clutter off topic on that thread I reply on this post https://bitcointalksearch.org/topic/m.13635019 with idea that seems important to me.

Quote from: TPTB_need_war on January 21, 2016, 08:37:40 PM

What is missing from your analysis smooth is that at what level of featureness are businesses willing to embrace block chains. I argue CN/RingCT is below the acceptable level and can not be raised to that level because the fundamentals are not End-to-End principled (also because can only make the payers, payees, and values obscured and not any type of script and other aspects of the block chain data). Business will prefer private databases where they can hide all the data until public block chains mature enough to do so. Public block chains promise more interoption and network effects, once we can make them truly private.

I try to light a fire under you guys to get you refocused on technology that can meet your goal of being a privacy block chain for businesses. That is where the real market is.

It is better for Monero to stay what it stands for - literally "Money", not "sonic screw driver" jack of all trades multitool for everything.

If I recall correctly he recently came back from that quote.

aiwe

legendary

Activity: 1750

Merit: 1101

karbo.io

Not to off clutter off topic on that thread I reply on this post https://bitcointalksearch.org/topic/m.13635019 with idea that seems important to me.

Quote from: TPTB_need_war on January 21, 2016, 08:37:40 PM

What is missing from your analysis smooth is that at what level of featureness are businesses willing to embrace block chains. I argue CN/RingCT is below the acceptable level and can not be raised to that level because the fundamentals are not End-to-End principled (also because can only make the payers, payees, and values obscured and not any type of script and other aspects of the block chain data). Business will prefer private databases where they can hide all the data until public block chains mature enough to do so. Public block chains promise more interoption and network effects, once we can make them truly private.

I try to light a fire under you guys to get you refocused on technology that can meet your goal of being a privacy block chain for businesses. That is where the real market is.

It is better for Monero to stay what it stands for - literally "Money", not "sonic screw driver" jack of all trades multitool for everything.

tifozi

hero member

Activity: 742

Merit: 501

I also am not sure why de-anonymization should be in conversation before privacy. If we can see how many coins an address has, that is not an "anonymous" coin, period. Who sent what to whom conversation comes very far down the chain. This was a big reason for me to start following CryptoNote when it first came on the scene and I was ready for BitMonero launch

Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 660. (Read 4670673 times)