Author

Topic: [XMR] Monero Speculation - page 1585. (Read 3313576 times)

legendary
Activity: 1449
Merit: 1001
January 18, 2016, 01:25:49 PM
LOL you think xmr can hit the same price as Dash or what?

Well, eventually it will- when dash starts it's long way down....


With what? One update "bug fixing" per year from Lousy Monero developers or is it with spamming Dash ANN thread with hate messages from Monero supporters including you're developer Smooth?


Edit : Monero needs a new development team and a new marketing vision.

You didn't understand what I wrote. It's about dash going down no matter what happens to monero.
legendary
Activity: 910
Merit: 1000
January 18, 2016, 01:18:50 PM
LOL you think xmr can hit the same price as Dash or what?

Well, eventually it will- when dash starts it's long way down....


With what? One update "bug fixing" per year from Lousy Monero developers or is it with spamming Dash ANN thread with hate messages from Monero supporters including you're developer Smooth?


Edit : Monero needs a new development team and a new marketing vision.
Oh my days!  Cheesy Cheesy Cheesy
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
January 18, 2016, 01:13:16 PM

Bittrex's blockchain has synched.

So are deposits and withdrawals working on all exchanges again? Is Bittrex and Poloniex running 0.9.1?



Bittrex just sent with mixing lev 0, so i would say they have not updated. But if I were an exchange I would not update until I was sure there were no bugs in the latest release. Usually a week is a good timeframe to gauge whether there is a glaring error.

You will notice that corporations tend to stay with versions they know are stable and do not beta test ever. This is sound practice when money is involved. For all you youngins, there used to be an industry for nothing but beta testing where people actually were paid to make sure a product was ready for the end user. The level of professionalism in this industry is creeping to the lowest common denominator (I.E. M$). And I blame the fools that put up with it for it.
/rant off

That doesn't necessarily has to be the case. Bear in mind that the default of simplewallet is mixin = 4, but you can still make mixin = 0 transactions via the RPC API, which exchanges probably use. However, for all we know they are still in 0.8.8.6. Anyway, after 20 March mixin = 3 will be enforced.

True, anything is possible. Transaction was very quick, it was faster than the 5 minute wait for the confirmation email. Lol
legendary
Activity: 2268
Merit: 1141
January 18, 2016, 01:09:24 PM

Bittrex's blockchain has synched.

So are deposits and withdrawals working on all exchanges again? Is Bittrex and Poloniex running 0.9.1?



Bittrex just sent with mixing lev 0, so i would say they have not updated. But if I were an exchange I would not update until I was sure there were no bugs in the latest release. Usually a week is a good timeframe to gauge whether there is a glaring error.

You will notice that corporations tend to stay with versions they know are stable and do not beta test ever. This is sound practice when money is involved. For all you youngins, there used to be an industry for nothing but beta testing where people actually were paid to make sure a product was ready for the end user. The level of professionalism in this industry is creeping to the lowest common denominator (I.E. M$). And I blame the fools that put up with it for it.
/rant off

That doesn't necessarily has to be the case. Bear in mind that the default of simplewallet is mixin = 4, but you can still make mixin = 0 transactions via the RPC API, which exchanges probably use. However, for all we know they are still in 0.8.8.6. Anyway, after 20 March mixin = 3 will be enforced.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
January 18, 2016, 01:01:07 PM

Bittrex's blockchain has synched.

So are deposits and withdrawals working on all exchanges again? Is Bittrex and Poloniex running 0.9.1?



Bittrex just sent with mixing lev 0, so i would say they have not updated. But if I were an exchange I would not update until I was sure there were no bugs in the latest release. Usually a week is a good timeframe to gauge whether there is a glaring error.

You will notice that corporations tend to stay with versions they know are stable and do not beta test ever. This is sound practice when money is involved. For all you youngins, there used to be an industry for nothing but beta testing where people actually were paid to make sure a product was ready for the end user. The level of professionalism in this industry is creeping to the lowest common denominator (I.E. M$). And I blame the fools that put up with it for it.
/rant off
legendary
Activity: 2268
Merit: 1141
January 18, 2016, 12:52:38 PM
I've bought 15btc worth of XMR and will be buying another 20btc, the difference in price, DASH/XMR is killing me..

Now is the perfect time to show some support!

No, you are trolling lol. You hate XMR. Cheesy

It's a bit ambiguous, because he mines with 300 KH/s as well.

No short-term hidden agenda here, yeah once XMR takes off and is at least .004 i will start selling/dumping, call it whatever you like..

I was actually commenting on the "You hate XMR" part, should have made that more clear. My comment wasn't referring to the trolling part, let that be clear.

Regarding bolded, I can only say that is unlike others with a similiar avatar here :-)

Anyway, everyone has their own reason(s) why they are here and given the current price, 0.004 seems like a good price to start some selling. Not saying I will though.

Alternatively, you could use this -> https://bitcointalksearch.org/topic/sss-a-sane-and-simple-bitcoin-savings-plan-345065 (sell some everytime it doubles).
legendary
Activity: 2268
Merit: 1141
January 18, 2016, 12:48:25 PM

Bittrex's blockchain has synched.

So are deposits and withdrawals working on all exchanges again? Is Bittrex and Poloniex running 0.9.1?



Presumably. Poloniex is running on 0.9.1 and withdrawals are working. Bittrex withdrawals are working but I am not sure which version they are running.
legendary
Activity: 1092
Merit: 1000
January 18, 2016, 12:38:35 PM
I've bought 15btc worth of XMR and will be buying another 20btc, the difference in price, DASH/XMR is killing me..

Now is the perfect time to show some support!

No, you are trolling lol. You hate XMR. Cheesy

It's a bit ambiguous, because he mines with 300 KH/s as well.

No short-term hidden agenda here, yeah once XMR takes off and is at least .004 i will start selling/dumping, call it whatever you like..
hero member
Activity: 686
Merit: 500
January 18, 2016, 12:28:29 PM

Bittrex's blockchain has synched.

So are deposits and withdrawals working on all exchanges again? Is Bittrex and Poloniex running 0.9.1?

legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
January 18, 2016, 12:22:11 PM
LOL you think xmr can hit the same price as Dash or what?

Well, eventually it will- when dash starts it's long way down....


With what? One update "bug fixing" per year from Lousy Monero developers or is it with spamming Dash ANN thread with hate messages from Monero supporters including you're developer Smooth?


Edit : Monero needs a new development team and a new marketing vision.

Apparently you don't keep up with the roadmap. There is none and will be no marketing until XMR is out of beta. Marketing an unfinished product for a unknown brand is suicide on a worldwide stage. Only Industry Monopolies can get away with that (*cough M$). AFA "Monero needs a new development team", not at all, the quality of the development team is unparalleled. the issue is with the organization of the team and the definitions of responsibilities. Ambiguity causes loopholes as well as allowing for the moving of goals mid stream.


BTW:
MyMonero still getting server errors. Was my bad, I had an needed ip blacklisted.

Bittrex's blockchain has synched.
legendary
Activity: 2268
Merit: 1141
January 18, 2016, 12:11:57 PM
I've bought 15btc worth of XMR and will be buying another 20btc, the difference in price, DASH/XMR is killing me..

Now is the perfect time to show some support!

No, you are trolling lol. You hate XMR. Cheesy

It's a bit ambiguous, because he mines with 300 KH/s as well.
legendary
Activity: 1106
Merit: 1000
January 18, 2016, 12:04:01 PM
I've bought 15btc worth of XMR and will be buying another 20btc, the difference in price, DASH/XMR is killing me..

Now is the perfect time to show some support!

No, you are trolling lol. You hate XMR. Cheesy
member
Activity: 74
Merit: 10
January 18, 2016, 11:24:06 AM
LOL you think xmr can hit the same price as Dash or what?

Well, eventually it will- when dash starts it's long way down....


With what? One update "bug fixing" per year from Lousy Monero developers or is it with spamming Dash ANN thread with hate messages from Monero supporters including you're developer Smooth?


Edit : Monero needs a new development team and a new marketing vision.
sr. member
Activity: 283
Merit: 250
January 18, 2016, 10:19:33 AM
...
I think it is possible. For example, a minimum transaction fee could be set and burned by the protocol. Those burned satoshis could be recycled into new block rewards which could make block rewards permanent without busting 21m. It would have other negative consequences but it isn't impossible (though I'm sure would still be a bruising battle for Bitcoin, judging by recent events). PPC has a burned transaction fee, though with inflationary-PoS.

Yes, It something along those lines, with the minimum fee set to a fixed percentage of the transaction amount may work for Bitcoin, although I have not looked at all the possible issues.

That is an interesting idea. Maybe too controversial to succeed based on the blocksize debates.

Hey, have you seen this:
http://ec2-52-90-114-151.compute-1.amazonaws.com/cn/

Maybe it's time to ramp up that Chinese marketing plan you've been working on. I see your domain currently still links to the getmonero.org's domain, but recall that it was finished and ready to go live, right?
member
Activity: 88
Merit: 10
January 18, 2016, 07:46:42 AM
...
I think it is possible. For example, a minimum transaction fee could be set and burned by the protocol. Those burned satoshis could be recycled into new block rewards which could make block rewards permanent without busting 21m. It would have other negative consequences but it isn't impossible (though I'm sure would still be a bruising battle for Bitcoin, judging by recent events). PPC has a burned transaction fee, though with inflationary-PoS.

Yes, It something along those lines, with the minimum fee set to a fixed percentage of the transaction amount may work for Bitcoin, although I have not looked at all the possible issues.

That is an interesting idea. Maybe too controversial to succeed based on the blocksize debates.
legendary
Activity: 966
Merit: 1001
January 18, 2016, 06:38:11 AM
LOL you think xmr can hit the same price as Dash or what?
legendary
Activity: 1092
Merit: 1000
January 18, 2016, 04:24:53 AM
I've bought 15btc worth of XMR and will be buying another 20btc, the difference in price, DASH/XMR is killing me..

Now is the perfect time to show some support!
legendary
Activity: 2282
Merit: 1050
Monero Core Team
January 18, 2016, 03:28:24 AM
...
I think it is possible. For example, a minimum transaction fee could be set and burned by the protocol. Those burned satoshis could be recycled into new block rewards which could make block rewards permanent without busting 21m. It would have other negative consequences but it isn't impossible (though I'm sure would still be a bruising battle for Bitcoin, judging by recent events). PPC has a burned transaction fee, though with inflationary-PoS.

Yes, It something along those lines, with the minimum fee set to a fixed percentage of the transaction amount may work for Bitcoin, although I have not looked at all the possible issues.
legendary
Activity: 2968
Merit: 1198
January 18, 2016, 03:21:13 AM
...

Nice write up.

And how would you tie this MONERO writeup in contrast to Bitcoin not having a tail emission and what that may imply in the future?

Thanks.

If one tried to apply the Cryptonote adaptive blocksize formula to Bitcoin one would run into the exact same problem as for Bytecoin, and the attack would work. I believe this lies at the heart of the strong opposition to increasing the blocksize in Bitcoin on the part of many of the core Bitcoin developers. They correctly sense this danger. The same would apply to Litecoin, Dash (somewhat more complex in this case but the same principle applies) or similar coins without a tail emission; however it would not apply to Dogecoin since it has a tail emission.

My take on the Bitcoin situation is that the sharp divisions among the developers are due to the fact that a solution has not been found and may in fact not be possible without changing the maximum 21,000,000 XBT hard limit.

I think it is possible. For example, a minimum transaction fee could be set and burned by the protocol. Those burned satoshis could be recycled into new block rewards which could make block rewards permanent without busting 21m. It would have other negative consequences but it isn't impossible (though I'm sure would still be a bruising battle for Bitcoin, judging by recent events). PPC has a burned transaction fee, though with inflationary-PoS.
legendary
Activity: 2282
Merit: 1050
Monero Core Team
January 18, 2016, 02:51:48 AM
...

Nice write up.

And how would you tie this MONERO writeup in contrast to Bitcoin not having a tail emission and what that may imply in the future?

Thanks.

If one tried to apply the Cryptonote adaptive blocksize formula to Bitcoin one would run into the exact same problem as for Bytecoin, and the attack would work. I believe this lies at the heart of the strong opposition to increasing the blocksize in Bitcoin on the part of many of the core Bitcoin developers. They correctly sense this danger. The same would apply to Litecoin, Dash (somewhat more complex in this case but the same principle applies) or similar coins without a tail emission; however it would not apply to Dogecoin since it has a tail emission.

My take on the Bitcoin situation is that the sharp divisions among the developers are due to the fact that a solution has not been found and may in fact not be possible without changing the maximum 21,000,000 XBT hard limit.
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