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Topic: [XMR] Monero Speculation - page 1434. (Read 3313576 times)

member
Activity: 115
Merit: 10
March 21, 2016, 03:16:17 AM


I'm dumping 300xmr/day, whatever the price..

Ha! That will really move the market.  

As long as you have a lot of other minnow friends...  Wink


EDIT: IIRC you already sold ALL your XMR, no?

Yes i sold almost 100k xmr in the last 2 months, invested all into ETH and made a fortune. I still mine XMR at 300KH/s , dump everything i mine at 24h intervals

Thanks!  We will be grateful for your largesse in letting us have your coins at giveaway prices, while you keep looking back and wishing you had kept them.

Don't forget to close the door on your way out?

either primers a liar, thief, a closet monero lover, or theres a miner that goes about 15x faster than whats publicly available.
donator
Activity: 1722
Merit: 1036
March 21, 2016, 03:04:05 AM
I mean what if the NSA makes an all-out attempt to bring monero down.  Political hysteria about dark markets, "terrorism, drugs and child pornography" could lead to that, in the worst case.

I do not have 100% evidence that the U.S. TLAs are the world monopoly provider of child porn (as they are in terrorism and drugs). Please lead me to the sources of information..

Since 1968, Israel is bombing themselves, especially children, whenever their atrocities do not cause enough factual enemy action:

Quote from:  Wikipedia
Israeli Defense Minister Moshe Dayan asked for a "principal approval" for a raid, but this was denied by the cabinet. On December 13, Operation Karameh was scheduled for the next night , it was placed in the hands of both Brigade 35 of the Paratroop Corps and the Sayeret Matkal special-operations force. The operation was called off, rescheduled for March 12 and then called off again.[5] Dayan warned the other ministers that a bus might strike a mine.[28] On 18 March, an Israeli school bus was blown up by a mine near Be'er Ora in the Arava, killing two adults and wounding ten children.[7] This was the 38th Fatah operation in little more than three months.[20] That night, the cabinet approved the attack.
Otherwise the article is shameful one-sided propaganda, as Talk page clearly indicates.

At least in the countries where I live, the centrally-scripted media is trying to give the impression that "times and opinions are changing". Despite of this, there is no proof of any change happening. Topics as different as homosexuality, whether to allow migration by people who cannot integrate, or to join Euro or NATO (both have been joined defacto but not in the legal order because both would be turned down by referendum which therefore cannot be organised), the majority of people think what they think, and see through the attempts to manipulate the public opinion.

The theatre in the current bankster-lead politburo is in no way different than in the soviet one (Soviet Union = controlled by the same guys, handy!) Now more than ever, the complete ignoring of everything they want you to believe, is needed.

BTC was not killed or thwarted by allegations of drugs and money laundering (both bankster monopolies). It needed to be integrated to bankster control systems, fractional reserve, KYC, etc. to kill it. Banksters can kill anything, but create nothing.

=> I do not expect a publicity attack on XMR. It is so difficult to use still, nobody will cease to use it because of another bankster campaign, but their even mentioning of it might cause more to join in!
legendary
Activity: 2604
Merit: 1748
March 21, 2016, 01:48:59 AM


I'm dumping 300xmr/day, whatever the price..

Ha! That will really move the market.  

As long as you have a lot of other minnow friends...  Wink


EDIT: IIRC you already sold ALL your XMR, no?

Yes i sold almost 100k xmr in the last 2 months, invested all into ETH and made a fortune. I still mine XMR at 300KH/s , dump everything i mine at 24h intervals

Thanks!  We will be grateful for your largesse in letting us have your coins at giveaway prices, while you keep looking back and wishing you had kept them.

Don't forget to close the door on your way out?
member
Activity: 115
Merit: 10
March 21, 2016, 01:29:21 AM
quantum computers scare me some.  
I am not qualified to comment on the specific ECC variant you sketched.  However, I do believe there are ECC variants which are resistant to Schor, and other public key algos - which might be a slightly higher engineering burden to integrate in Monero, but I think the degree of scrutiny any of these have endured is comparatively light, and I know of no good implementations - but neither would I expect to know of them if they existed, as I haven't been following the topic during this millenium.



pretty sure winternitz sigs were a hot topic around a year ago, not sure what came of that..

edit: apparently an altcoin a vaporcoin uses these now.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
March 21, 2016, 01:22:22 AM
quantum computers scare me some.  
I am not qualified to comment on the specific ECC variant you sketched.  However, I do believe there are ECC variants which are resistant to Schor, and other public key algos - which might be a slightly higher engineering burden to integrate in Monero, but I think the degree of scrutiny any of these have endured is comparatively light, and I know of no good implementations - but neither would I expect to know of them if they existed, as I haven't been following the topic during this millenium.

legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
March 21, 2016, 01:12:13 AM
If you really want to worry, worry about core devs getting coopted (bribery, extortion), or quantum crypto destroying all the ECC infrastructure.  That is what troubles me.
What kinds of actions would you worry the core devs could be coopted into taking?
Backdoor-ing the implementation, e.g. by weakening the crypto.  Anything else would be obvious and precipitate a fork.  Backdoors can be excruiciatingly subtle.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
March 21, 2016, 12:12:36 AM
Now (with current volume as high as it is) is the appropriate time to bug the folks at Kraken about offering XMR trading pairs.

Never too early to start asking, but IMO Kraken won't GAF about XMR until we (at minimum) surpass Dash's market cap.  ATM XMR isn't a big/deep enough pool for whales to swim in comfortably, but I am 99.9% certain we will get there Soon®.

Nice to see lending rates shooting up to 0.5%.  This is where I berate all the cheap+stupid+greedy fuckwits who are lending their coins for dust (especially those locked into rates <0.1%), when, by not trying to undercut their fellow lenders, they could have enjoyed an actual return commensurate to the risk entailed by keeping coins online in a likely-to-be-Gox'd exchange.

I told all of you it was silly and counterproductive to effectively subsidize loans with below-market desperation rates.  I told all of you offering 0.001% loans when there was no demand was like screaming into a vacuum.

0.5% daily is (without compounding) 183% annual yield.  1 XMR lent at 0.5% provides the same return as 500 lent at 0.001%.  Can you hear me now?  Was it worth playing crabs-in-a-bucket to get tacoshi dust, while those of us willing to cooperate rather than compete enjoy our fat, juicy ROI?   Grin

(Apologies in advance to anyone lending ~free coins in order to set a trap for shorts.  I love you MoonWhale!!!!)
member
Activity: 82
Merit: 10
March 20, 2016, 11:44:07 PM
If you really want to worry, worry about core devs getting coopted (bribery, extortion), or quantum crypto destroying all the ECC infrastructure.  That is what troubles me.
What kinds of actions would you worry the core devs could be coopted into taking?
hero member
Activity: 770
Merit: 504
March 20, 2016, 11:06:57 PM


If you really want to worry, worry about core devs getting coopted (bribery, extortion), or quantum crypto destroying all the ECC infrastructure.  That is what troubles me.


First of all, yes, should Monero survive a government attack it would become 100x larger and more powerful than it ever was before. 
 
Secondly, yes, quantum computers scare me some.  Do you (or anyone) know if abelian surface cryptography is any more resistant to quantum computing than the 2D equivalent?  I am referring to taking the elliptic cruve and extending it into three dimensions so it becomes an 'elliptic bulb' (though more complex shapes are likely possible once there).  The point-and-line which is used to create the trapdoor function as it bounces around the curve would then become a line-and-plane bouncing around inside a 3D surface and creating an orders-of-magnitude harder to crack trapdoor function.  This is especially true if the line that is bouncing around features things like rotation and velocity.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
March 20, 2016, 10:41:59 PM
I mean what if the NSA makes an all-out attempt to bring monero down.  Political hysteria about dark markets, ...could lead to that, in the worst case.
It would be a good problem to have.  Being a speculative vehicle on one u.s. crypto exchange isn't going to suffice. I look forward to the day that XMR is strong enough to warrant a crypto arms race.  The trading ops will be stupendous. 

If you really want to worry, worry about core devs getting coopted (bribery, extortion), or quantum crypto destroying all the ECC infrastructure.  That is what troubles me.
legendary
Activity: 2968
Merit: 1198
March 20, 2016, 10:09:19 PM
The only difference the fork makes with respect to blocks and rewards is that target block time (currently 1 minutes) will double (to 2 minutes) and the current reward per block (currently about 6.75) will double (to about 13.5). The alert will notice this means no change in the rate of supply.

so the rate will be cheap than now, right?

Let me bold that for you above
hero member
Activity: 870
Merit: 585
March 20, 2016, 10:08:46 PM
I mean what if the NSA makes an all-out attempt to bring monero down.  Political hysteria about dark markets, "terrorism, drugs and child pornography" could lead to that, in the worst case.
hero member
Activity: 770
Merit: 504
March 20, 2016, 10:06:21 PM
a top 3 volume DNM offers XMR support
I fear we don't have the hashing power or the node count to withstand the not-so-tender attentions of a state actor that might follow upon such a scenario.  What's your opinion?

Hashing power, price, perceived value, demand, utility, and node counts all are correlated.  Every time one of those elements moves up, it drags the rest of them up too - the reverse is also possible but much harder to drag back down as time goes on. 
 
There are some very powerful game theory elements that have not been fully realized with regards to pure proof-of-work coins.
hero member
Activity: 870
Merit: 585
March 20, 2016, 10:00:55 PM
a top 3 volume DNM offers XMR support
I fear we don't have the hashing power or the node count to withstand the not-so-tender attentions of a state actor that might follow upon such a scenario.  What's your opinion?
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
March 20, 2016, 09:55:10 PM


the warm fuzzies u get when you're out and your trading app notifies you of an xmr green dildo.
 Grin



yes and now its becomes 0.0037
member
Activity: 109
Merit: 10
March 20, 2016, 09:40:56 PM


the warm fuzzies u get when you're out and your trading app notifies you of an xmr green dildo.
 Grin
sr. member
Activity: 364
Merit: 250
March 20, 2016, 09:31:59 PM
I just looked at the weekly candles on BitcoinWisdom.

Interestingly, last year, there were 7-8 green candles in a row from Feb 13th through the first week in April.  Price went from .0011 to .0033 with an actual high in there of about .0042.

Maybe it's seasonal interest?  If so, this bull might have another couple of weeks to run, anyway!  However, I post this with my tongue firmly planted in my cheek, as I believe this is very different.  Volume appears to be triple, for one thing.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
March 20, 2016, 08:46:02 PM
There probably will be some resistance at $1.75-$1.90 then the next resistance mark is $2.50.

hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
March 20, 2016, 08:45:20 PM
its forking the same as halving?

No.

That, and Monero doesn't have halvings at all. The block reward drops a tiny amount with each block.



so forking is drops of block reward, and what its mean for the rate? is this gonna up or even the worst gonna down? i am sorry, i need more explain, i am newbie of this. thank you

The forking has nothing to do with the block reward. It has always dropped by a tiny amount with each block.

The only difference the fork makes with respect to blocks and rewards is that target block time (currently 1 minutes) will double (to 2 minutes) and the current reward per block (currently about 6.75) will double (to about 13.5). The alert will notice this means no change in the rate of supply.


so the rate will be cheap than now, right?
hero member
Activity: 795
Merit: 514
March 20, 2016, 08:29:35 PM
Now (with current volume as high as it is) is the appropriate time to bug the folks at Kraken about offering XMR trading pairs.
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