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Topic: [XMR] Monero Speculation - page 1057. (Read 3314343 times)

legendary
Activity: 1330
Merit: 1000
dafar consulting
September 26, 2016, 01:18:13 PM
https://news.bitcoin.com/japanese-pay-utility-bills-bitcoin/

Reminder:  You can use XMR anywhere you can use BTC, via xmr.to or shapeshift.io

The Japanese company offering utility bill payment via BTC is coincheck.com, which recently introduced XMR in their exchange platform, which offers JPY-XMR.



This is not the type of news that's going to add buying pressure to XMR.

This news is good for bitcoin as another example of acknowledgement / adoption by a large company.... but no one's gonna be running out to buy bitcoin because of this. And people are definitely not going to be buying bitcoin -> converting to XMR just to pay electricity bills


Now the Chrome extension is good development. I just don't like the icon they chose
sr. member
Activity: 434
Merit: 250
September 26, 2016, 01:16:50 PM
I just found that:

https://chrome.google.com/webstore/detail/monero-wallet-for-google/bddoeeocbnbkdlciahimmaciiiiadocb

Released yesterday

There is a lot of good development Smiley
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
September 26, 2016, 12:58:36 PM
https://news.bitcoin.com/japanese-pay-utility-bills-bitcoin/

Reminder:  You can use XMR anywhere you can use BTC, via xmr.to or shapeshift.io

The Japanese company offering utility bill payment via BTC is coincheck.com, which recently introduced XMR in their exchange platform, which offers JPY-XMR.


legendary
Activity: 2702
Merit: 2053
Free spirit
September 26, 2016, 08:01:43 AM
I probably should have recovered some of my lost coins in these so transparent up downs.


Been a bit scared but I should prob have trusted my self, looking retrospectively.   :\


sr. member
Activity: 358
Merit: 250
September 26, 2016, 07:42:27 AM
Movement Shocked

Got some buy orders down the road.

e: Some people took their bite on the 0.01615 buy wall and it disappeared. We're going down.
sr. member
Activity: 434
Merit: 250
September 26, 2016, 07:30:14 AM
Incredible the flow of XMR Cheesy

I mean serious, i was just writing down the lending market and than i saw someone caught a lot at 164 to drop it to 160 eating 140 BTC

Who does that at 164? The risk is so incredible high to loose with a short at this stage. I should now go in with a long and 300 BTC Cool -but it will only rise to 164 than...think its still not enough too squeeze out some shorters
sr. member
Activity: 350
Merit: 250
September 26, 2016, 05:14:27 AM
You are in the best position to answer that question yourself.
It's better to learn trading from personal experience than to follow the leading of others all the time.
legendary
Activity: 3318
Merit: 1185
Playbet.io - Crypto Casino and Sportsbook
September 26, 2016, 03:36:10 AM

You are wrong in your statement that illegal stuff has nothing good or nor bad. I do not know what do you perceive as good/bad but personally

I consider it bad that there are illegal guns for sale (I might get killed by a gun or someone close to me might get killed).

I consider it bad that there are some people who are drug addicts and once they got sick from their addiction I am the one who pays their medical treatment costs in form of higher taxes (if they are responsible of themselves, I do not so much care how badly some people want to destroy their lives).

None of these things are inherently good or bad, though.

The gun is only bad if you shoot people with it, the drugs are only bad if... uh.. you have to pay for potential damages.

I think that was what explorer meant; That an act is illegal does not make it good or bad, it only makes it illegal.
That's a deep explanation my friend, you talk like a lawyer and you are on the topic when you explain. I know monero is use in dark market that's why I keep monitoring on the price because I do believe it can be a great currency in the future.

Come one, can you tell me that is the best decision for the current price now, should it be a right time to buy and hold?
full member
Activity: 165
Merit: 100
September 26, 2016, 12:29:40 AM

You are wrong in your statement that illegal stuff has nothing good or nor bad. I do not know what do you perceive as good/bad but personally

I consider it bad that there are illegal guns for sale (I might get killed by a gun or someone close to me might get killed).

I consider it bad that there are some people who are drug addicts and once they got sick from their addiction I am the one who pays their medical treatment costs in form of higher taxes (if they are responsible of themselves, I do not so much care how badly some people want to destroy their lives).

None of these things are inherently good or bad, though.

The gun is only bad if you shoot people with it, the drugs are only bad if... uh.. you have to pay for potential damages.

I think that was what explorer meant; That an act is illegal does not make it good or bad, it only makes it illegal.
legendary
Activity: 1092
Merit: 1000
September 26, 2016, 12:24:41 AM
There is optional publicity which enables also "honest" trading (trading that has been taxed). Monero is very much like cash - cash can be anonymous if it is not tracked but it can be public if it is tracked. So far governements have not forbidden using cash... I see the future of Monero very similar and I hope Monero is not too much associated with criminal activities because that is the very thing which might cause some misunderstandings among the regulators and thus they might want to ban Monero with no sufficient information.

Do you want to engage the shrinking fascist economy, or the growing one (black/dark markets)?  People need to get their brainwashed heads out of their **** and realize that 'illegal' and 'criminal' has no bearing on anything good or bad, merely that some folks with guns don't like it because they don't get a cut or it undermines their politics.  PC and law abiding is, in general, an indication of a complete lack of the ability to think.  Of course, one must play along to a sufficient degree in order to avoid being singled out.  Still, it makes me a little sick to see people toe the line so readily.  Social media is a breeder of sheep.
/tangent

I think there should be some regulations, and I agree the majority of countries are regulating too much.
Dark markets in general are fine for me but the criminal activity attach to it is something I am not personally willing to associate.

You are wrong in your statement that illegal stuff has nothing good or nor bad. I do not know what do you perceive as good/bad but personally

I consider it bad that there are illegal guns for sale (I might get killed by a gun or someone close to me might get killed).

I consider it bad that there are some people who are drug addicts and once they got sick from their addiction I am the one who pays their medical treatment costs in form of higher taxes (if they are responsible of themselves, I do not so much care how badly some people want to destroy their lives).

I consider it bad that there is market for stolen goods because I am one of they payer of those costs in form of higher insurance costs.

As long as we have a government/system that takes care of issues (not anarchy) there are tons of bad things in dark markets. If the entire system is different and everybody is responsible of themselves, then I am willing to give up from my view of dark markets but as long as I am responsible with my money some other's criminal activities I consider it bad, just like parasites.
But anarchy probably will not work either because it will not be just to people who are disabled/somehow in a weaker position (physically/financially).
Some kind of middle way is to lower the barrier to act (less taxes, less bureaucracy etc).
legendary
Activity: 1722
Merit: 1217
September 25, 2016, 08:15:16 PM
Secret canaries, exchanged amongst the core on a p2p basis would defend against many cases.

I learn so much from your posts.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
September 25, 2016, 08:09:18 PM
If the core team were to be compromised in the future, we could be looking at a situation on par with the BTC/Blockstream drama.

Fortunately the risks are presently low, but given increasing value on the chain and enough time, the $5 wrench attack ( if all else fails ) becomes inevitable.  This is a purely speculative potential risk we're talking about, but one which bears constant attention.  Secret canaries, exchanged amongst the core on a p2p basis would defend against many cases, but be annoying to maintain ( e.g. dead man canaries ).
full member
Activity: 165
Merit: 100
September 25, 2016, 07:20:33 PM
"Unlawful" does not mean "just".

"What we do is legal, therefore it is not unethical; if it were unethical, it would be illegal."

Right, guys? RIGHT?
hero member
Activity: 795
Merit: 514
September 25, 2016, 07:14:48 PM
Are any of you guys worried that governments might try and succeed to do something to monero or even bitcoin that can hurt their value?

Bitcoin is much easier to control.  And make no mistake, "regulators" do not want to regulate; they want control.  CN or US can establish BTC control if they choose, but I doubt that any other nation can establish control - although RU or IL or a few others could destroy it if they were motivated to do so. So far, they have not overtly asserted control. I don't know of a reason to expect that to change soon.

Monero is small enough yet to be easy to destroy for most developed nations, but also too small to bother.  By the time it is a target, it will be much more difficult to destroy because of the fullnode jurisdictional diversity, and Kovri tech.  More difficult to destroy than bitcoin, but effectively impossible to control, unless the core team is co-opted - in which case, the community will fork it.


The community has already forked Monero once away from thankful_for_today in 2014, so there is no reason why it could not happen again. The core team serves "at the pleasure of the community" nothing more.  

Forking from thankful_for_today was rather painless because so few people were involved in the project at the time. If the core team were to be compromised in the future, we could be looking at a situation on par with the BTC/Blockstream drama.
sr. member
Activity: 434
Merit: 250
legendary
Activity: 1834
Merit: 1019
September 25, 2016, 02:56:45 PM
Are any of you guys worried that governments might try and succeed to do something to monero or even bitcoin that can hurt their value?

Bitcoin is much easier to control.  And make no mistake, "regulators" do not want to regulate; they want control.  CN or US can establish BTC control if they choose, but I doubt that any other nation can establish control - although RU or IL or a few others could destroy it if they were motivated to do so. So far, they have not overtly asserted control. I don't know of a reason to expect that to change soon.

Monero is small enough yet to be easy to destroy for most developed nations, but also too small to bother.  By the time it is a target, it will be much more difficult to destroy because of the fullnode jurisdictional diversity, and Kovri tech.  More difficult to destroy than bitcoin, but effectively impossible to control, unless the core team is co-opted - in which case, the community will fork it.


Great post, I agree.

Bitcoin, Satoshi's Trojan Horse
legendary
Activity: 2282
Merit: 1050
Monero Core Team
September 25, 2016, 02:56:13 PM
Are any of you guys worried that governments might try and succeed to do something to monero or even bitcoin that can hurt their value?

Bitcoin is much easier to control.  And make no mistake, "regulators" do not want to regulate; they want control.  CN or US can establish BTC control if they choose, but I doubt that any other nation can establish control - although RU or IL or a few others could destroy it if they were motivated to do so. So far, they have not overtly asserted control. I don't know of a reason to expect that to change soon.

Monero is small enough yet to be easy to destroy for most developed nations, but also too small to bother.  By the time it is a target, it will be much more difficult to destroy because of the fullnode jurisdictional diversity, and Kovri tech.  More difficult to destroy than bitcoin, but effectively impossible to control, unless the core team is co-opted - in which case, the community will fork it.


The community has already forked Monero once away from thankful_for_today in 2014, so there is no reason why it could not happen again. The core team serves "at the pleasure of the community" nothing more.  
hero member
Activity: 742
Merit: 501
September 25, 2016, 02:49:03 PM
Are any of you guys worried that governments might try and succeed to do something to monero or even bitcoin that can hurt their value?

Bitcoin is much easier to control.  And make no mistake, "regulators" do not want to regulate; they want control.  CN or US can establish BTC control if they choose, but I doubt that any other nation can establish control - although RU or IL or a few others could destroy it if they were motivated to do so. So far, they have not overtly asserted control. I don't know of a reason to expect that to change soon.

Monero is small enough yet to be easy to destroy for most developed nations, but also too small to bother.  By the time it is a target, it will be much more difficult to destroy because of the fullnode jurisdictional diversity, and Kovri tech.  More difficult to destroy than bitcoin, but effectively impossible to control, unless the core team is co-opted - in which case, the community will fork it.


Great post, I agree.
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