Hey,
So now Monero price is going up because of the long anticipated 0.09 release which took the developers over a year but I still don't get what is in their release? Also checked MoneroDice and like onemorexmr told me it's run by FluffyPony which is a main developer here and he takes 10% of all the Monero there I am guessing to fund the project BUT what about Othe he is a developer yet he won 21835.834259214586 Monero isn't this a bit fishy? I got these info form this forum page "
https://bitcointalksearch.org/topic/the-happy-btc-circular-donation-thread-720940 ". + the donation that Monero get's from it's community is "at least to me"is huge around 70,000 Monero's ! isn't this enough to motivate developers to work faster than a release per year?
https://getmonero.org/getting-started/donate/hall-of-fame Please get that I am not here to put down Monero I am here to make sure my investment is in the right place
It is only speculation that the rise is because of 0.9. I tend to believe that it is because Monero has been oversold, undervalued, and near historical lows. As with any market movement, there are a myriad of reasons why.
MoneroDice takes a 10% commission out of investment profits which they donate to Monero development. So if you invest in the house and then profit 100 XMR, the site takes 10 XMR when you cash out.
Right now because of Othe's big wins, the site is still not in profit, but has gradually been crawling back. So Monero developers have not earned a single XMR yet. The rolls are provably fair:
https://monerodice.net/index.php/member/fair. You can see more detailed stats here:
http://monerodice.pd.to/Development is a community effort with devs putting in work in their spare time, because they believe in the project. 70k XMR is not that much, even if that did go to one dev that's not "huge", in the sense that they can't quit their day job and start working on Monero full time.
Work has been ongoing heavily throughout the year, and anyone can compile the most recent source code from Github (
https://github.com/monero-project/bitmonero) to enjoy the benefits of what will be released in 0.9. Mainly, it is a number of changes that makes the daemon usable on every machine, with the LMDB addition (making RAM usage < 100 MB), and more features that strengthen the privacy of Monero such as default mixin.
Also, don't make your investment decisions based on what people say here. Make your own research and then decide. If you then believe in the potential of XMR, you will know it is in the right place.