[XMR] Monero Speculation - page 1567.

wachtwoord

legendary

Activity: 2324

Merit: 1125

Quote from: dEBRUYNE on February 02, 2016, 06:45:34 AM

Quote from: tifozi on February 01, 2016, 10:10:22 PM

Just read the zcash AMA and I came away a bit unconvinced. Some CN related comments in the second page

https://forum.bitcoin.com/post16238.html#p16238

It looks like they are very much set with the 10% "Founder's fee" and being pretty much a Bitcoin code base with zero knowledge for enhanced privacy and fungibility. Because of their non threatening stance and some associated names, they will surely be pushed and positioned over Monero with more whales supporting it financially as well as via marketing and networking.

XMR has so much going for it in every way, just not the cash flow it truly deserves.

If you read the blogpost, you will notice that it's 10% of the whole supply, but actually 20% of the blockreward in the first 4 years.

Quote

During the first four years, every ten minutes 40 newly created ZEC will go to the miners, and 10 ZEC to the founders.

https://z.cash/blog/funding.html

How did zerocash solve the seeding problem anyway?

If it's open source insta-clone it immediately without a "founders fee" and we're all set.

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

Quote from: tifozi on February 01, 2016, 10:10:22 PM

Just read the zcash AMA and I came away a bit unconvinced. Some CN related comments in the second page

https://forum.bitcoin.com/post16238.html#p16238

It looks like they are very much set with the 10% "Founder's fee" and being pretty much a Bitcoin code base with zero knowledge for enhanced privacy and fungibility. Because of their non threatening stance and some associated names, they will surely be pushed and positioned over Monero with more whales supporting it financially as well as via marketing and networking.

XMR has so much going for it in every way, just not the cash flow it truly deserves.

If you read the blogpost, you will notice that it's 10% of the whole supply, but actually 20% of the blockreward in the first 4 years.

Quote

During the first four years, every ten minutes 40 newly created ZEC will go to the miners, and 10 ZEC to the founders.

https://z.cash/blog/funding.html

RustyNoman

full member

Activity: 189

Merit: 100

Quote from: owm123 on February 01, 2016, 10:40:01 PM

Quote from: tifozi on February 01, 2016, 10:10:22 PM

Just read the zcash AMA and I came away a bit unconvinced. Some CN related comments in the second page

https://forum.bitcoin.com/post16238.html#p16238

It looks like they are very much set with the 10% "Founder's fee" and being pretty much a Bitcoin code base with zero knowledge for enhanced privacy and fungibility. Because of their non threatening stance and some associated names, they will surely be pushed and positioned over Monero with more whales supporting it financially as well as via marketing and networking.

XMR has so much going for it in every way, just not the cash flow it truly deserves.

In the short term, it does not matter if zcash is worst or not then monero. What meters is publicity. And zcash is getting much more attention than monero.

How can we get the publicity of Monero? I think the Monero is quite low profile. Its market cap is not much higher than Bytecoin.

primer-

legendary

Activity: 1092

Merit: 1000

I've listened to a 10 min speech about privacy held by Andreas Antonopoulos, he talked about DASH and zerocash, not one mention of monero...

On another note, simplewallet sucks at creating transactions! It takes one minute to send 100xmr out of my wallet (mixin 2). Sending 500xmr in one transaction is impossible - it hangs for a couple of minutes then
gives an error that the daemon is down.

So much for development...

phishead

hero member

Activity: 1874

Merit: 840

Keep what's important, and know who's your friend

Quote from: americanpegasus on February 02, 2016, 01:00:49 AM

Quote from: jehst on February 01, 2016, 09:38:51 PM

Quote from: SmoothCurves on February 01, 2016, 01:39:37 PM

I think that XMR and BITCOIN are on the brink of poping up to higher price levels.

The longer we stay stable at 50 cents, the longer I think we'll stay at 50 cents.

Lucky for us, the longer you *believe* that, and the more of us that believe that, the greater the chance of us being wrong.

On a related note, I would like to announce our new logo + formal celebrity partnership:

http://imgur.com/a/J95r7

"Go, go, go, go, go shorters..."

From Vitamin water to an extremely obscure cryptocurrency... didn't see that one coming Shocked

I don't think he would mind everyone knowing where his wealth is at/being on the "rich list" though...

americanpegasus

hero member

Activity: 770

Merit: 504

Quote from: jehst on February 01, 2016, 09:38:51 PM

Quote from: SmoothCurves on February 01, 2016, 01:39:37 PM

I think that XMR and BITCOIN are on the brink of poping up to higher price levels.

The longer we stay stable at 50 cents, the longer I think we'll stay at 50 cents.

Lucky for us, the longer you *believe* that, and the more of us that believe that, the greater the chance of us being wrong.

On a related note, I would like to announce our new logo + formal celebrity partnership:

http://imgur.com/a/J95r7

owm123

sr. member

Activity: 392

Merit: 250

Quote from: tifozi on February 01, 2016, 10:10:22 PM

Just read the zcash AMA and I came away a bit unconvinced. Some CN related comments in the second page

https://forum.bitcoin.com/post16238.html#p16238

It looks like they are very much set with the 10% "Founder's fee" and being pretty much a Bitcoin code base with zero knowledge for enhanced privacy and fungibility. Because of their non threatening stance and some associated names, they will surely be pushed and positioned over Monero with more whales supporting it financially as well as via marketing and networking.

XMR has so much going for it in every way, just not the cash flow it truly deserves.

In the short term, it does not matter if zcash is worst or not then monero. What meters is publicity. And zcash is getting much more attention than monero.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: tifozi on February 01, 2016, 10:10:22 PM

Just read the zcash AMA and I came away a bit unconvinced. Some CN related comments in the second page

https://forum.bitcoin.com/post16238.html#p16238

It looks like they are very much set with the 10% "Founder's fee" and being pretty much a Bitcoin code base with zero knowledge for enhanced privacy and fungibility. Because of their non threatening stance and some associated names, they will surely be pushed and positioned over Monero with more whales supporting it financially as well as via marketing and networking.

XMR has so much going for it in every way, just not the cash flow it truly deserves.

Correct, the only real whale has been boned multiple times. This crypto is completely sound but there is so much manipulation that even the believers are confounded. This is the future bt it is so obfuscated THAT there is no way to telli'm not sure what the end will bE there are so many forces at work that it is INSANE.

tifozi

hero member

Activity: 742

Merit: 501

Just read the zcash AMA and I came away a bit unconvinced. Some CN related comments in the second page

https://forum.bitcoin.com/post16238.html#p16238

It looks like they are very much set with the 10% "Founder's fee" and being pretty much a Bitcoin code base with zero knowledge for enhanced privacy and fungibility. Because of their non threatening stance and some associated names, they will surely be pushed and positioned over Monero with more whales supporting it financially as well as via marketing and networking.

XMR has so much going for it in every way, just not the cash flow it truly deserves.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Coinbase boned me so i think i'll just grab some moar when some moron foldes/

jehst

hero member

Activity: 798

Merit: 1000

21 million. I want them all.

Quote from: SmoothCurves on February 01, 2016, 01:39:37 PM

I think that XMR and BITCOIN are on the brink of poping up to higher price levels.

The longer we stay stable at 50 cents, the longer I think we'll stay at 50 cents.

luigi1111

legendary

Activity: 1105

Merit: 1000

Quote from: cbeast on January 31, 2016, 07:51:49 AM

Quote from: binaryFate on January 31, 2016, 06:50:37 AM

Quote from: bitebits on January 31, 2016, 06:47:29 AM

Quote from: cbeast on January 31, 2016, 06:29:04 AM

You know, Monero and ETH are too important to be used for purchasing coffee. We should really look at limiting their blocksizes.

Great idea. It will make it more valuable too because of the increased scarcity.

Monero's block size is already limited - algorithmically with an "elastic" rule.
The suggestion clearly comes from a Bitcoin centric view. In fact irrelevant here.

That depends on your "consensus".
I'll see myself out now. I know this will be deleted anyway.

I'm not sure why you automatically think your post(s) would be deleted. Actually I'm not sure what you're even trying to say.

SmoothCurves

sr. member

Activity: 379

Merit: 250

I think that XMR and BITCOIN are on the brink of poping up to higher price levels.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: Shrikez on February 01, 2016, 09:20:39 AM

Quote from: Kramerc on February 01, 2016, 06:20:56 AM

It feels like XMR will never get a break from this endless selling pressure.

I hear you...I don't really understand it as well. Not really much room to make good profits shorting either. Around 100 k has always been the bottom.

If I could find my tinfoil hat I'd say something just doesn't like us or wants it all. Either way I ain't going nowhere! Tongue

Not to mention whales gonna dive then come up for air.

Shrikez

sr. member

Activity: 400

Merit: 263

Quote from: Kramerc on February 01, 2016, 06:20:56 AM

It feels like XMR will never get a break from this endless selling pressure.

I hear you...I don't really understand it as well. Not really much room to make good profits shorting either. Around 100 k has always been the bottom.

owm123

sr. member

Activity: 392

Merit: 250

Quote from: Kramerc on February 01, 2016, 06:20:56 AM

It feels like XMR will never get a break from this endless selling pressure.

Its used for speculation mostly at this time. Recent pump finished, and price goes down.

Kramerc

sr. member

Activity: 397

Merit: 250

It feels like XMR will never get a break from this endless selling pressure.

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

Quote from: adhitthana on February 01, 2016, 03:56:51 AM

Quote from: rpietila on January 31, 2016, 01:26:27 PM

Despite the short attention span of some, I still:

1) Don't think there has been invented anything more interesting in the world, since crypto was invented.
2) Don't think there is any coin more interesting created, since Monero was created.

=> Despite that sun goes up and goes down, and it would be nice to have [insert feature here], there is no place better to be than Monero is.

What is it that makes it interesting?
Thanks
Not looking for an endless discussion just some points to ponder

Someone else asked a similiar question a few days ago, so you will find most of your answers there -> https://www.reddit.com/r/Monero/comments/43f4a1/former_bitcoin_maximalist_seeking/

adhitthana

legendary

Activity: 1190

Merit: 1000

Quote from: rpietila on January 31, 2016, 01:26:27 PM

Despite the short attention span of some, I still:

1) Don't think there has been invented anything more interesting in the world, since crypto was invented.
2) Don't think there is any coin more interesting created, since Monero was created.

=> Despite that sun goes up and goes down, and it would be nice to have [insert feature here], there is no place better to be than Monero is.

What is it that makes it interesting?
Thanks
Not looking for an endless discussion just some points to ponder

DaveyJones

hero member

Activity: 768

Merit: 505

Quote from: flagel8 on January 31, 2016, 12:14:13 PM

Quote from: primer- on January 31, 2016, 05:01:25 AM

Once ETH releases ring signatures dapp its over. The only chance for monero to survive is to increase adoption by a tenfold.
Monero doesn't even have a GUI...

...No one is using this (Monero)...

He is very offensive, but what really makes me sad is that I sort of agree with him. I think that the opportunity window for Monero's success probably closed many months ago. (If not, there is very little time left). Great technology, but there is NO Marketing, and no (Non-Techno-Geek) user friendliness. Nor does there seem to be any recognition that these factors might be important.

Beta was superior to VHS. But that analogy is flawed, because those two videotapes were functionally more or less equivalent in their applications. But the Market obviously sees the potential functionality of ETH as superior to that of Monero. And again, there's a disparity in Marketing among the two. Look at their ages, and their market caps. And ETH is not yet finished either.

Maybe Ethereum has a much bigger market, because they had big big media attention where monero had none of that yet? Hell i guess 3/4 of the people trading ethereum don´t even know what it does... they just shout around turing-complete without understanding what that even is ... thats my opinion when i see post about it.

Topic: [XMR] Monero Speculation - page 1567. (Read 3313576 times)