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Topic: [XMR] Monero Speculation - page 1296. (Read 3314316 times)

legendary
Activity: 1260
Merit: 1000
May 23, 2016, 05:57:28 AM
I wish AmericanPegasus would save the irrational XMR shilling for after BTC halving when the Monero wallet is actually near.  We all know there is going to be no breakout until after halving and closer to wallet release.  The BTC halving brings so much uncertainty for altcoins that you need to be some crazed Las Vegas gambler permanently high on cocaine to even touch this market right now.
legendary
Activity: 1624
Merit: 1008
May 23, 2016, 05:33:35 AM
Even this monero-thread there has been a lots of talking of DAO. May someone explain very simply what it is. Obviously it has something to do with ETH.

And the resent estimation when monero GUI-wallet will be available?

Simply?, A place people put money hoping to get rich. Grin  Yes it's been talked about here for the last couple of pages.  If the info given here is not what you are looking for may I suggest you try one of the many threads about it.  However I don't know if you will find the simple you are looking for.

As for the daily question, when is GUI?  I guess the answer is still the same;


copyright: iCEBREAKER

I expect before summer is over and if it is not released this year I will give all my Monero to some one(s) deserving.
full member
Activity: 308
Merit: 109
May 23, 2016, 05:01:54 AM
Even this monero-thread there has been a lots of talking of DAO. May someone explain very simply what it is. Obviously it has something to do with ETH.

And the resent estimation when monero GUI-wallet will be available?
legendary
Activity: 1092
Merit: 1000
May 23, 2016, 01:01:38 AM
aminorex silent for six weeks

health?

walked away?



He is probably busy nowdays as it is time to waite for buying opportunity.

Yeah.

The same pattern as earlier. Seen the same thing and feeling like deja vu.
However, sometimes his recommendations to trade other assets (wheat, currencies, etc) is also a sign he is waiting cheaper XMR, a couple of times also this has happened.
On the other hand, his bullishness has meant  the dump is on its way.
hero member
Activity: 770
Merit: 504
May 22, 2016, 11:10:36 PM
legendary
Activity: 2968
Merit: 1198
May 22, 2016, 09:57:59 PM
Is it just me, or is this the same type of jibberish that I've heard that promotes ETH... So in a sense, DAO is a smart contract wallet inside a smart contract that is funded by smart contract tokens... Did I get that right?

Just think of it as a big multisig wallet where people pool a bunch of money and then vote on how to spend it. The rest of the gibberish is obfuscation.

Now imagine a giant group of people whose main attraction to pooling their money was to form a decentralized pump and dump, realizing they have to sell at the top or be forced to collectivize and work on a product together with none of the relevant skills and compete against people like Intel.

Maybe they have to work together but it isn't really clear at what level. It may end up more like an investment club where the DAO members just pick where to put the money and don't get more involved than that. (I'd say that is about the best case; anything other than that is more likely to be a horrific failure, if that also isn't). The whole thing is a novel experiment and will likely fail one way or another, but 1) we don't necessarily know how, and 2) it isn't certain.
 
legendary
Activity: 2268
Merit: 1141
legendary
Activity: 3570
Merit: 1959
May 22, 2016, 06:13:37 PM
Someone just dumped like >50k XMR on poloniex. Price dropped from like .98 USD to .92 USD in minutes!  Shocked
hero member
Activity: 493
Merit: 551
May 22, 2016, 04:16:16 PM
I love both XMR and ETH and own both in similar quantities, but fact is: While ETH and the DAO produce news in big mass media we wait for an official GUI Wallet.
Yes we can call it a bubble or whatever but this is how it is, everybody is jumping on the Ethereum waggon. I guess we would not be sad if Monero had the same success.

I think Monero has a huge potential, even just if it fills a huge "niche", but it has to be done.
The failure or success of ETH is not that important as to analyze where XMR stands now and why.

hero member
Activity: 538
Merit: 500
May 22, 2016, 04:10:49 PM
IMHO when people will be able to liquidate their DAO ETH will dump hard and ALTS will drop too.  Many people who bought ETH for the DAO pump are sitting in 50% + profits, not a bad gain to lock in.

so when will this happen? Funding of DAO ends on 27th but I dont think they can just cash out? So when is the first date when many can liquidate DAO?

You can dump on an exchange as soon as it starts trading, but to actually withdraw your ETH from the DAO takes quite a while. I've read around a month and a half. First you have to split your shares from the main DAO, which takes time, then you would need to make and approve a proposal within your own DAO to pay out the ETH, and the proposal process a minimum required time period.


I guess I've been out of the loop for a long time, but what is a DAO? I'm guessing an exchange?  Also, can you technically send Eth from wallet "wallet" to the next like a normal crypto?


The DAO everyone is talking about is something like a decentralized crowdfund or investment fund that has collected $150+ million worth of ETH in the past few weeks.



Brilliant, it's like a bubble inside a bubble. ETH has become the ultimate bubble machine.
legendary
Activity: 2268
Merit: 1141
sr. member
Activity: 364
Merit: 250
May 22, 2016, 12:29:59 PM
DAO sounds a lot like the bullshit surrounding UNITY.  How'd that work out? 

Seriously, what can you actually buy with ETH?
legendary
Activity: 2268
Merit: 1141
May 22, 2016, 12:26:30 PM
aminorex silent for six weeks

health?

walked away?



He is probably busy nowdays as it is time to waite for buying opportunity.

Yeah.

He's still active on Twitter though:

https://twitter.com/aminorex/with_replies
donator
Activity: 1722
Merit: 1036
May 22, 2016, 12:14:57 PM
aminorex silent for six weeks

health?

walked away?



He is probably busy nowdays as it is time to waite for buying opportunity.

Yeah.
legendary
Activity: 1260
Merit: 1000
May 22, 2016, 10:10:37 AM
Is it just me, or is this the same type of jibberish that I've heard that promotes ETH... So in a sense, DAO is a smart contract wallet inside a smart contract that is funded by smart contract tokens... Did I get that right?

Just think of it as a big multisig wallet where people pool a bunch of money and then vote on how to spend it. The rest of the gibberish is obfuscation.

Now imagine a giant group of people whose main attraction to pooling their money was to form a decentralized pump and dump, realizing they have to sell at the top or be forced to collectivize and work on a product together with none of the relevant skills and compete against people like Intel.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
May 22, 2016, 08:26:40 AM
Seventh dev meeting in approximately 3 hours (16:00 UTC). Dev meeting will be held at #monero-dev on freenode

https://www.reddit.com/r/Monero/comments/4kifoj/seventh_dev_meeting_in_approximately_3_hours_1600/



Kovri (I2P) dev meeting in approximately 4 hours (17:00 UTC). Dev meeting can be followed at #monero-dev on freenode

https://www.reddit.com/r/Monero/comments/4kifie/kovri_i2p_dev_meeting_in_approximately_4_hours/

You might be an hour off. Tongue


I think some are getting DAO confused with DAG as well.
legendary
Activity: 2268
Merit: 1141
May 22, 2016, 07:56:43 AM
Seventh dev meeting in approximately 3 hours (16:00 UTC). Dev meeting will be held at #monero-dev on freenode

https://www.reddit.com/r/Monero/comments/4kifoj/seventh_dev_meeting_in_approximately_3_hours_1600/



Kovri (I2P) dev meeting in approximately 4 hours (17:00 UTC). Dev meeting can be followed at #monero-dev on freenode

https://www.reddit.com/r/Monero/comments/4kifie/kovri_i2p_dev_meeting_in_approximately_4_hours/
legendary
Activity: 1092
Merit: 1000
May 22, 2016, 07:22:27 AM
aminorex silent for six weeks

health?

walked away?



He is probably busy nowdays as it is time to waite for buying opportunity.
legendary
Activity: 1624
Merit: 1008
May 22, 2016, 07:19:34 AM


Woah, good lord... for what exactly?  The Eth community funded this, or who?
 
 
It's a decentralized profit venture inside a decentralized profit venture!  It's brilliant.  In fact, I want in on that sweet action. 
 
I would like to formally announce the Pegasus network, a decentralized DAPP layer that runs on top of Monero.  Your DAPPS run in a completely secure environment and are only accessible and viewable by those who you share viewkeys with.  Imagine, secure banking applications which can transact anonymous, untraceable tokens and can't be altered without enhancing the security of the very thing they are trying to attack!  SECURICEPTION. 
 
In fact, we interrupt this addverticement to BLOW YOUR MIND.  On this Pegasus secure applications layer we are going to program a new concept called the PCC (Private Cloud Corporation), which allows you and any others to enter into a profit making venture with capital (the underlying Monero tokens) and defined programmable rules to determine profits, roles, and responsibilities.  Even better - no one will ever know about your corporation unless you explicitly make them aware of it! 
 
So get in line DAO; the future is now on the next-generation Pegasus Network running on top of Monero.  You can pre-fund your Pegasus account by sending Monero to our ICO address.  I haven't started learning C++ yet, but I plan to this weekend so for sure the project will be launched by the end of this year.  Maybe next year tops.

I want to be first on the Pegasus Network.   Cool  I can see it now, pegai flying in clouds.  Wink
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