[XMR] Monero Speculation - page 1289.

funnyman21

member

Activity: 109

Merit: 10

Quote from: Abcederian on May 29, 2016, 05:42:30 PM

I am 55 and atypical I suppose. I will tell you how I use crypto. I am mining etherium, converting to bitcoin through an exchange sending to coinbase and using my Swift card to buy cat food.

I can confirm that cat food can be purchased with Monero:

https://xmr.to
http://www.overstock.com/Pet-Supplies/Cat-Treats/3654/cat.html

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: Abcederian on May 29, 2016, 05:42:30 PM

I am 55 and atypical I suppose. I will tell you how I use crypto. I am mining etherium, converting to bitcoin through an exchange sending to coinbase and using my Swift card to buy cat food. Monero will need to be that simple or simpler to use. Are there plans to offer a debit card?

Shen's Mininero is designed to integrate nicely with xmr.to (so you can pay any BTC address directly from your XMR wallet) and I think it can be used with the Shift card. The idea being that you keep your value stored privately in XMR but can also spend it using non-private methods (BTC or, via BTC+Shift, fiat) if you choose to do so.

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

MAAM #18 Monero Ask Anything Monday

https://www.reddit.com/r/Monero/comments/4lmn1y/maam_18_monero_ask_anything_monday/

Abcederian

member

Activity: 71

Merit: 10

Quote from: ArticMine on May 27, 2016, 07:46:48 PM

Quote from: smooth on May 27, 2016, 06:49:30 PM

...

Grandma would probably use MyMonero over the core GUI (though maybe not for longer-term storage of value). That is a good example of third party solutions starting to specialize.

By "generic" user I didn't mean grandma but a wide base of all sorts of users without specialization, and that's where MyMonero fails to hold up. That includes people who see the primary use of crypto today and for the indefinite future as a store of value, medium- to long-term speculative investment, or perhaps as a medium of exchange that is somewhere between reasonably and very private. In all of those cases many won't want to use a web wallet.

I have to disagree here. People over the age of 55 were raised on cash and in many cases are very distrustful of third party payment providers and are very fearful of identity theft. They are also very privacy conscious. Furthermore they are far more likely to adopt the technology of their grand children than the technology of their children. For a senior the strongest appeal of crypto currency is likely its cash like properties, (cash one can use on the Internet) since that is their comfort level. If they adopt a crypto currency it is highly unlikely that they will then turn it into the very thing they are trying to avoid.

As a baby boomer, my take is that the baby boomers can be a very receptive demographic for Monero, but I doubt we will buy in if we are sold the same technology we rejected 20 years ago.

I am 55 and atypical I suppose. I will tell you how I use crypto. I am mining etherium, converting to bitcoin through an exchange sending to coinbase and using my Swift card to buy cat food. Monero will need to be that simple or simpler to use. Are there plans to offer a debit card?

bitebits

legendary

Activity: 2242

Merit: 3523

Flippin' burgers since 1163.

Quote from: dEBRUYNE on May 29, 2016, 12:22:38 PM

Well, I guess this just doesn't qualify as development for some people:

What else can I be than grateful for the ground breaking work moneromooo and ShenNoether (and all the other developers of course) are doing for Monero. They don't seem to be disturbed by all the current bitcoin / ethereum noise.

Monero has a mission on it's own.

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

To do list / suggestions for MiniNero apps:

https://trello.com/minineroappsdevelopment

https://www.reddit.com/r/Monero/comments/4lkswt/to_do_list_suggestions_for_mininero_apps/

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

Quote from: smooth on May 28, 2016, 03:28:19 AM

Quote from: Days on May 28, 2016, 01:44:39 AM

Reality is "I believe" the so called Monero developers intentionally postponed releasing a GUI wallet because if they release it to the public then what's next?!

Maybe RingCT or other high level cryptography? Or maybe some of this other stuff.

Why don't you give that RingCT paper I just linked for you a read in your spare time? There is going to be a quiz.

Quote

they are not high level Cyrpto coders in Monero team.

Kindly, and in your own words, summarize the important sections of the above paper and point out some logical extensions and directions for further research in order to verify your qualifications to make that assessment.

Quote

gambling websites

What is your obsession with gambling websites? I'm actually quite curious about this because you and the other anti-Monero socks bring it up a lot, Is it a biblical thing for you or what?

Well, I guess this just doesn't qualify as development for some people:

elrippo

legendary

Activity: 1008

Merit: 1001

I hope you guys take the recent BTC run into account Grin

Viecoin

hero member

Activity: 852

Merit: 500

Quote from: TooDumbForBitcoin on May 29, 2016, 07:35:25 AM

Quote from: generalizethis on May 29, 2016, 06:07:35 AM

Quote from: levinhostar on May 29, 2016, 05:27:23 AM

They said we will never see 0.0018 again Shocked

But here it is. Pump & Dump as every other altcoin.

Who are they? And what length is the basis of your observation?

"It is not the strength, but the duration, of great sentiments that makes great men."

- Friedrich Nietzsche

If you experience a great sentiment lasting more than four hours, see a doctor.

I hope Monero stays this low just a little longer. Privacy is so important!!

TooDumbForBitcoin

legendary

Activity: 1638

Merit: 1001

Quote from: generalizethis on May 29, 2016, 06:07:35 AM

Quote from: levinhostar on May 29, 2016, 05:27:23 AM

They said we will never see 0.0018 again Shocked

But here it is. Pump & Dump as every other altcoin.

Who are they? And what length is the basis of your observation?

"It is not the strength, but the duration, of great sentiments that makes great men."

- Friedrich Nietzsche

If you experience a great sentiment lasting more than four hours, see a doctor.

generalizethis

legendary

Activity: 1750

Merit: 1036

Facts are more efficient than fud

Quote from: levinhostar on May 29, 2016, 05:27:23 AM

They said we will never see 0.0018 again Shocked

But here it is. Pump & Dump as every other altcoin.

Who are they? And what length is the basis of your observation?

"It is not the strength, but the duration, of great sentiments that makes great men."

- Friedrich Nietzsche

levinhostar

member

Activity: 83

Merit: 10

They said we will never see 0.0018 again Shocked

But here it is. Pump & Dump as every other altcoin.

pönde

full member

Activity: 308

Merit: 109

Is there on bitcointalk any thread for discussion of the global monetary system and of the people who are running it? Sorry for slightly of topic question, but I has to ask it somewhere.

nioc

legendary

Activity: 1624

Merit: 1008

Litecoin adds things?

Leverage Shocked

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: Chicken76 on May 28, 2016, 02:21:29 PM

Guys, what happened the last couple of days with bitcoin that prompted such a sharp rise in price? The rise was only shared by litecoin. Was there anything implemented recently by these two coins that increased their value?

The USD index crashed. Something about Helicopter Janet and NIRP....

Gold and silver spiked, with blue chip miners like Hecla, New Gold, Agnico, Detour, and Pretium reaching 52 week highs.

BTC has been stable for a very long time, forming a massive foundation on which to build up.

The second block subsidy halving is ~37 days away.

Classic is #REKT, and Bitcoin is an unmatchable powerhouse of development with plans for true scaling well underway.

Litecoin is next in line to benefit from any new tech they want from it.

There is a huge wave of ICO/IPOs that require BTC for participation.

The same thing happened when Bitcoin securities were all the rage.

Monero is extremely oversold.

We just put in a double bottom at 170k.

Time to start slowly building a leveraged long position, with an average cost well under 180k.

When the MAID/DAO/etc bubbles burst, there will be plenty of money sloshing around on Polo, looking for a new home with a firmer technology base.

medusa13

sr. member

Activity: 453

Merit: 500

hello world

bitcoin did break out off its multi month ascending triangle (holy triangle). looking at the weekly chart, a bubble seems possible, depends ofc on other factors too, but bitcoin volatility has been historically low.

xmr holds quite nicely recarding all this Kiss

personally i also think that the gui is important, especially to grow userbase with small holders.

Chicken76

newbie

Activity: 58

Merit: 0

Guys, what happened the last couple of days with bitcoin that prompted such a sharp rise in price? The rise was only shared by litecoin. Was there anything implemented recently by these two coins that increased their value?

owm123

sr. member

Activity: 392

Merit: 250

Onion Monero Blockchain Explorer

The key features of the Onion Monero Blockchain Explorer are

- available as a hidden service,
- no javascript, no web analytics trackers, no images,
- open sourced,
- made fully in C++,
- the only explorer showing encrypted payments ID,
- the only explorer with the ability to search by encrypted payments ID, tx public keys, outputs public keys, input key images, output amount index and its amount,
- the only explorer showing ring signatures,
- the only explorer that can show which outputs belong to the given Monero address and viewkey,
- the only explorer showing detailed information about mixins, such as, mixins' age, timescale, mixin of mixins,
- the only explorer showing number of amount output indices.

https://github.com/moneroexamples/onion-monero-blockchain-explorer

Tor users:

- http://xmrblocksvckbwvx.onion

Non tor users, can try tor proxy, e.g.,

- http://xmrblocksvckbwvx.onion.to

Comments welcome here or on reddit:
https://www.reddit.com/r/Monero/comments/4ld0j3/did_you_know_that_monero_has_a_onion_blockchain/

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: Days on May 28, 2016, 01:44:39 AM

Reality is "I believe" the so called Monero developers intentionally postponed releasing a GUI wallet because if they release it to the public then what's next?!

Maybe RingCT or other high level cryptography? Or maybe some of this other stuff.

Why don't you give that RingCT paper I just linked for you a read in your spare time? There is going to be a quiz.

Quote

they are not high level Cyrpto coders in Monero team.

Kindly, and in your own words, summarize the important sections of the above paper and point out some logical extensions and directions for further research in order to verify your qualifications to make that assessment.

Quote

gambling websites

What is your obsession with gambling websites? I'm actually quite curious about this because you and the other anti-Monero socks bring it up a lot, Is it a biblical thing for you or what?

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: Johnny Mnemonic on May 27, 2016, 09:12:38 PM

I suppose our definitions of "general user" differ, but I don't ever see general users running their own node to make transactions.

- General users will never "be their own bank" (because they don't trust themselves to secure their entire savings, and they shouldn't)
- General users only need as much security as their physical leather wallet provides, as its just their spending money
- General users value convenience over just about everything else

I'm pretty sure I explained this earlier.

"General user" as I used it above does not mean "mainstream consumer" or anything of the sort (at least not short term, as such people are far, far away from wanting any crypto at all right now). It means proving an acceptable, usable solution for a wide variety of user types, including people who want to be their own bank, and also those who want to actually benefit from the financial privacy that Monero can give them. That means, almost if not absolutely unavoidably, running their own node. If they don't want a private store or value, private medium of exchange, etc. they likely not be interested in Monero and will just go with Bitcoin (or cc/Paypal/etc.)

Topic: [XMR] Monero Speculation - page 1289. (Read 3314316 times)