[XMR] Monero Speculation - page 1597.

ArticMine

legendary

Activity: 2282

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Monero Core Team

Quote from: iCEBREAKER on January 05, 2016, 09:02:41 PM

...

Given the spectacular failure of the Gavinista Reddit Army's rabble-rousing populist assault on 1MB, I'd say BTC's block size limit is firmly "in the realm of software, outside of human hands."

Due to the nature of antifragility, the 1MB limit is now more set in stone than before the (adversarial) attempted XT governance coup began. Grin

I'm very happy both approaches are being experimented with, as Monero's dynamic approach and BTC's static variable compete in the Darwinian/meritocratic marketplace.

My bet is with Monero's dynamic approach.

iCEBREAKER

legendary

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Crypto is the separation of Power and State.

Quote from: ArticMine on January 05, 2016, 08:33:13 PM

Very interesting article on the Bitcoin blocksize issue by Jeff Garzik and Gavin Andresen. https://bitcoinmagazine.com/articles/bitcoin-economics-are-changing-1451315063 No mention of Monero but the following quote near the end of the article is very significant.

Quote

And finally, to remove long term moral hazard, core block size limit should be made dynamic, put in the realm of software, outside of human hands.

Given the spectacular failure of the Gavinista Reddit Army's rabble-rousing populist assault on 1MB, I'd say BTC's block size limit is firmly "in the realm of software, outside of human hands."

Due to the nature of antifragility, the 1MB limit is now more set in stone than before the (adversarial) attempted XT governance coup began. Grin

I'm very happy both approaches are being experimented with, as Monero's dynamic approach and BTC's static variable compete in the Darwinian/meritocratic marketplace.

ArticMine

legendary

Activity: 2282

Merit: 1050

Monero Core Team

Very interesting article on the Bitcoin blocksize issue by Jeff Garzik and Gavin Andresen. https://bitcoinmagazine.com/articles/bitcoin-economics-are-changing-1451315063 No mention of Monero but the following quote near the end of the article is very significant.

Quote

And finally, to remove long term moral hazard, core block size limit should be made dynamic, put in the realm of software, outside of human hands.

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: GreekBitcoin on January 05, 2016, 11:37:09 AM

Right now the only exchange monero is actually being traded is Poloniex.

And the limits and credential requirements probably killed volume there...

And we still dont have a serious exchange for fiat. I would be trading 10 times more if there was a fiat/xmr exchange...

For the benefit of noobs, this should be said more often. The implications are staggering.

Now that the full node isn't a RAM hog, I expect to see XMR added to more exchanges, including ones with fiat deposit services.

We've done very well on Poloniex; XMR volume allowed them to repay the funds stolen and positioned them to be the main ETH nexus.

But if we can get airborne on a single relatively obscure exchange, it's possible being listed on larger ones will take us to the moon.

BTC-e and chill. Bitfinex and Kraken FTW. Cool

oblox

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Quote from: wpalczynski on January 05, 2016, 12:27:01 PM

Quote from: digicoin on January 05, 2016, 11:59:35 AM

Yes, it is a miracle if XMR is listed at btc-e

It will eventually, its only a matter of time!! Obviously the sooner the better.

I'll believe it when I see it. So many people have said that over the years and they have been adamant about keeping what coins they have already. Most likely coming from the fact that it's LTC's bread and butter.

rjclarke2000

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Quote from: dEBRUYNE on January 05, 2016, 05:40:15 PM

http://www.coindesk.com/altcoin-exchange-cryptsy-takes-trade-engine-offline/

I was wondering when that would happen

dEBRUYNE

legendary

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http://www.coindesk.com/altcoin-exchange-cryptsy-takes-trade-engine-offline/

thelibertycap

full member

Activity: 211

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Quote from: dEBRUYNE on January 05, 2016, 02:39:20 PM

Quote from: thelibertycap on January 05, 2016, 02:28:12 PM

Quote from: iCEBREAKER on January 05, 2016, 12:13:30 AM

Quote from: boolberry on January 04, 2016, 11:38:46 PM

Quote from: TrueCryptonaire on January 04, 2016, 02:07:57 PM

Quote from: rpietila on January 04, 2016, 01:39:40 PM

Quote from: flagel8 on January 04, 2016, 01:08:30 PM

Before it is too late. If it is not too late already.

Unless Crypto Kingdom goes bust, XMR cannot go bust.

Instead of going bust, CK has a target of 10,000 players by the end of 2016.

Sir, what are the means/strategy to achieve this goal? I hope it is a legitimate goal, not a dream (without a good strategy and marketing it indeed is just a dream).

I believe this is absolutely a legitimate goal but also interested in hearing more about the marketing plan. How will more users outside of the Monero community be introduced to the game?

Until the GUI is done, the Official marketing schedule is limited to scoping and planning.

Of course informal word-of-mouth stuff shall proceed apace, especially now the DB is done and the RAM req is reduced to <100MB.

Who says so and why?
With 0.9 unofficial GUIs should be quite alright - is there any problem I don't know about that is addressed by the official fancy GUI?
I expect marketing an altcoin among those thousand altcoins to be a tough job anyway and it could see it's results only gradually. People not familiar with Bitcointalk would hardly invest anyway.
No need to be hasty but be reasonable, keeping momentum.
Waiting for perfection and a big pump seems fishy.
Steep emission of coins and slow code development (improving a bad code is a though job) made quite a big damage already.

Btw, the website still sucks big time if we strive for perfection..

Simply because people prefer an official fancy GUI over a third party GUI in the altcoin atmosphere. Also agree that keeping momentum is important.

You know it is open source right? You can make a pull-request to adjust it to the way you like. I agree the website could be better and Rias also gave some proper feedback on how to improve it. However, most contributers don't have that much time and voluntary spend their spare time on working on Monero and I rather have them doing that on more important stuff than the website currently.

There is much more to building a website than a couple of pull requests with incremental changes - without a holistic vision and prior thorough discussion about the ideas in the community how to present Monero.
I bet a fund rasing at getmonero would be uber successful. But again, there is much more to this than giving money to someone to scribble something, put the same old logo on top and write some code in javascript to make things interactive.

We don't want to end like the Linux on the desktop did, right?

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

Quote from: thelibertycap on January 05, 2016, 02:28:12 PM

Quote from: iCEBREAKER on January 05, 2016, 12:13:30 AM

Quote from: boolberry on January 04, 2016, 11:38:46 PM

Quote from: TrueCryptonaire on January 04, 2016, 02:07:57 PM

Quote from: rpietila on January 04, 2016, 01:39:40 PM

Quote from: flagel8 on January 04, 2016, 01:08:30 PM

Before it is too late. If it is not too late already.

Unless Crypto Kingdom goes bust, XMR cannot go bust.

Instead of going bust, CK has a target of 10,000 players by the end of 2016.

Sir, what are the means/strategy to achieve this goal? I hope it is a legitimate goal, not a dream (without a good strategy and marketing it indeed is just a dream).

I believe this is absolutely a legitimate goal but also interested in hearing more about the marketing plan. How will more users outside of the Monero community be introduced to the game?

Until the GUI is done, the Official marketing schedule is limited to scoping and planning.

Of course informal word-of-mouth stuff shall proceed apace, especially now the DB is done and the RAM req is reduced to <100MB.

Who says so and why?
With 0.9 unofficial GUIs should be quite alright - is there any problem I don't know about that is addressed by the official fancy GUI?
I expect marketing an altcoin among those thousand altcoins to be a tough job anyway and it could see it's results only gradually. People not familiar with Bitcointalk would hardly invest anyway.
No need to be hasty but be reasonable, keeping momentum.
Waiting for perfection and a big pump seems fishy.
Steep emission of coins and slow code development (improving a bad code is a though job) made quite a big damage already.

Btw, the website still sucks big time if we strive for perfection..

Simply because people prefer an official fancy GUI over a third party GUI in the altcoin atmosphere. Also agree that keeping momentum is important.

You know it is open source right? You can make a pull-request to adjust it to the way you like. I agree the website could be better and Rias also gave some proper feedback on how to improve it. However, most contributers don't have that much time and voluntary spend their spare time on working on Monero and I rather have them doing that on more important stuff than the website currently.

thelibertycap

full member

Activity: 211

Merit: 100

Quote from: iCEBREAKER on January 05, 2016, 12:13:30 AM

Quote from: boolberry on January 04, 2016, 11:38:46 PM

Quote from: TrueCryptonaire on January 04, 2016, 02:07:57 PM

Quote from: rpietila on January 04, 2016, 01:39:40 PM

Quote from: flagel8 on January 04, 2016, 01:08:30 PM

Before it is too late. If it is not too late already.

Unless Crypto Kingdom goes bust, XMR cannot go bust.

Instead of going bust, CK has a target of 10,000 players by the end of 2016.

Sir, what are the means/strategy to achieve this goal? I hope it is a legitimate goal, not a dream (without a good strategy and marketing it indeed is just a dream).

I believe this is absolutely a legitimate goal but also interested in hearing more about the marketing plan. How will more users outside of the Monero community be introduced to the game?

Until the GUI is done, the Official marketing schedule is limited to scoping and planning.

Of course informal word-of-mouth stuff shall proceed apace, especially now the DB is done and the RAM req is reduced to <100MB.

Who says so and why?
With 0.9 unofficial GUIs should be quite alright - is there any problem I don't know about that is addressed by the official fancy GUI?
I expect marketing an altcoin among those thousand altcoins to be a tough job anyway and it could see it's results only gradually. People not familiar with Bitcointalk would hardly invest anyway.
No need to be hasty but be reasonable, keeping momentum.
Waiting for perfection and a big pump seems fishy.
Steep emission of coins and slow code development (improving a bad code is a though job) made quite a big damage already.

Btw, the website still sucks big time if we strive for perfection..

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: papa_lazzarou on January 05, 2016, 12:59:20 PM

Quote from: Johnny Mnemonic on January 03, 2016, 07:52:01 PM

If the coin survives 200 years but only scales to 58 million units, dilution is the least of everyone's concern.

Actually, that would be 58 000 000 000 000 000 000 (trillion?? quadrillion??) units as Monero's current denomination has 12 decimal places.
Even if you wanted Monero cents you'd still have some breathing space left. Tongue

That'll teach you to use the "units" designation! Tongue

papa_lazzarou

hero member

Activity: 649

Merit: 500

Quote from: Johnny Mnemonic on January 03, 2016, 07:52:01 PM

If the coin survives 200 years but only scales to 58 million units, dilution is the least of everyone's concern.

Actually, that would be 58 000 000 000 000 000 000 (trillion?? quadrillion??) units as Monero's current denomination has 12 decimal places.
Even if you wanted Monero cents you'd still have some breathing space left. Tongue

wpalczynski

legendary

Activity: 1456

Merit: 1000

Quote from: digicoin on January 05, 2016, 11:59:35 AM

Yes, it is a miracle if XMR is listed at btc-e

It will eventually, its only a matter of time!! Obviously the sooner the better.

GreekBitcoin

legendary

Activity: 1428

Merit: 1001

getmonero.org

Quote from: birr on January 05, 2016, 12:10:12 PM

Quote from: GreekBitcoin on January 05, 2016, 11:37:09 AM

Right now the only exchange monero is actually being traded is Poloniex

Bittrex still lists Monero.

Tiny volume...

birr

hero member

Activity: 870

Merit: 585

Quote from: GreekBitcoin on January 05, 2016, 11:37:09 AM

Right now the only exchange monero is actually being traded is Poloniex

Bittrex still lists Monero.

digicoin

legendary

Activity: 1106

Merit: 1000

Yes, it is a miracle if XMR is listed at btc-e

wpalczynski

legendary

Activity: 1456

Merit: 1000

Quote from: GreekBitcoin on January 05, 2016, 11:37:09 AM

Quote from: Shrikez on January 05, 2016, 10:48:00 AM

looking bullish to me right now. Orderbook is fattening close to market bids.

92 BTC to 100 k on the bid side, while the same 92 would bring it to 175 k.

But where are those 500-600BTC that existed like 1+ year ago? And volumes of 1000+ BTC...

Right now the only exchange monero is actually being traded is Poloniex. And the limits and credential requirements probably killed volume there...
And we still dont have a serious exchange for fiat. I would be trading 10 times more if there was a fiat/xmr exchange...

If we could only somehow get onto BTC-E........

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: GreekBitcoin on January 05, 2016, 11:37:09 AM

...I would be trading 10 times more if there was a fiat/xmr exchange...

Hear Hear!

GreekBitcoin

legendary

Activity: 1428

Merit: 1001

getmonero.org

Quote from: Shrikez on January 05, 2016, 10:48:00 AM

looking bullish to me right now. Orderbook is fattening close to market bids.

92 BTC to 100 k on the bid side, while the same 92 would bring it to 175 k.

But where are those 500-600BTC that existed like 1+ year ago? And volumes of 1000+ BTC...

Right now the only exchange monero is actually being traded is Poloniex. And the limits and credential requirements probably killed volume there...
And we still dont have a serious exchange for fiat. I would be trading 10 times more if there was a fiat/xmr exchange...

Kramerc

sr. member

Activity: 397

Merit: 250

Guys, I'm very happy with the 0.9 release. Complete blockchain sync in around 18h on my 7 year old laptop.

Topic: [XMR] Monero Speculation - page 1597. (Read 3313576 times)