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Topic: [XMR] Monero Speculation - page 1673. (Read 3313576 times)

hero member
Activity: 770
Merit: 504
October 27, 2015, 10:46:01 AM
While you're waiting, have any fans of cryptography seen this creepy video that surfaced earlier this month? 
 
It's filled with intentionally disturbing images and noise, plus lots of encoded messages.  I would initially speculate that perhaps it is another round of Cicada, but unlike those puzzles, many of these messages seem quite threatening. 
 
Any ideas?  https://www.reddit.com/r/creepy/comments/3ongx1/this_creepy_puzzle_arrived_in_our_mail/ 
 
I suppose if we want to discuss it further we should take it to an off-topic topic. 

https://bitcointalk.org/index.php?topic=1222268.new#new
legendary
Activity: 1008
Merit: 1001
October 27, 2015, 09:44:50 AM
I guess if BTC rallies hard (probably it will go at least 335) and IF XMR rallies along then those who buy now will be rewarded big for their patience...

Is there any interest from whales for XMR. The volume has been low for some time. XMR is similar to other altcoins in terms of volume now. It used to be the largest in Poloniex.

Let´s wait and see...
Get a cup of tea and wait. We are all waiting for the official 0.9 and GUI release  Grin
sr. member
Activity: 434
Merit: 250
October 27, 2015, 09:42:59 AM
I guess if BTC rallies hard (probably it will go at least 335) and IF XMR rallies along then those who buy now will be rewarded big for their patience...

Is there any interest from whales for XMR. The volume has been low for some time. XMR is similar to other altcoins in terms of volume now. It used to be the largest in Poloniex.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
October 27, 2015, 07:59:19 AM
I'm curious to know your thoughts on this "neural price prediction" link: http://www.btcpredictions.com/  

A shallow feed-forward network trained on inadequate data (both in dimension and in volume) will be right two times each day, so to speak.  Had any luck with it?  If it holds up, he might be doing something more sophisticated.  How can one tell, since there is no cross-validation data, no historical ŷ log, and no code or even technical process claims/descriptions.  
legendary
Activity: 1498
Merit: 1000
October 27, 2015, 07:56:07 AM
I guess if BTC rallies hard (probably it will go at least 335) and IF XMR rallies along then those who buy now will be rewarded big for their patience...
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
October 27, 2015, 07:50:44 AM
In either case, when timing models indicate a BTC bottom is in, I will then rotate the position (a small trading fraction of my overall holding position) from BTC into XMR.

I don't understand. You sell BTC to buy XMR when BTC is topping, and sell BTC to buy XMR when BTC is bottoming, what's the logic behind that?

Typing inversion error in the second case. That is why I check trades three ways before I commit.
sr. member
Activity: 514
Merit: 258
October 27, 2015, 05:39:09 AM
The line is still valid currently.

yes I am also watching this line and put my bids a little bit higher.

it's interesting that the volume on last bottom was kinda low, it increased after the bottom. Btc usually has high volume on bottom with a huge dump.


same here, would be very nice if we could jump out of the bullish falling wedge and bounce of the long term trendline at the same time:


best regards
hero member
Activity: 681
Merit: 507
October 27, 2015, 05:17:11 AM
The line is still valid currently.

yes I am also watching this line and put my bids a little bit higher.

it's interesting that the volume on last bottom was kinda low, it increased after the bottom. Btc usually has high volume on bottom with a huge dump.
legendary
Activity: 2268
Merit: 1141
October 27, 2015, 04:28:17 AM
So since this is a speculation thread ...I'm guessing all technical levels have been taken out except a double bottom. Fib retracements must be long gone

We got that trend line as well, see my post from a few days ago:

It would be nice if we could bottom ~0.0013, that's exactly on the following support line. In addition, we also have some support at 0.00131.



The line is still valid currently.
hero member
Activity: 681
Merit: 507
October 27, 2015, 04:07:22 AM
my bids got filled, I think now is the time to accumulate xmr. Are you waiting for sub 0.001?
sr. member
Activity: 336
Merit: 250
October 27, 2015, 03:28:25 AM
Shen is a student if I read Monero's FAQ correctly. So I think that he can spend more time to implement RingCT faster. I hope that we can fund his development when he is ready.

There is implementation and there is deployment, which are two different things. I could see it getting deployed to testnet much faster than the main network though.




I think most of us will be happy to see it in testnet. Once it gets there we know that it is likely to make it to the main network once all the potential bugs are eliminated.
hero member
Activity: 770
Merit: 504
October 27, 2015, 03:23:11 AM

Why do you use a credit card to purchase bitcoin?

This is how I get money from my bank account into Monero savings (bank - Coinbase - Polo - cold storage).  If this keeps up, or if I have many more problems I may attempt to purchase some directly from casual sellers via PayPal, like I used to do in the Dogecoin days.
legendary
Activity: 1190
Merit: 1000
October 27, 2015, 02:52:52 AM
So since this is a speculation thread ...I'm guessing all technical levels have been taken out except a double bottom. Fib retracements must be long gone
sr. member
Activity: 379
Merit: 250
October 27, 2015, 02:43:14 AM
Unrelated rant!  Every once in a while you have a moment with a bank that causes you to realize why this stuff matters at all!   Angry Angry Angry Angry Angry Angry  
  
I'm having some credit card disputes with my bank, and as a result they put a daily purchase limit on my account, and they refuse to make any changes to my account (or remove the purchase limit) until I settle up with their credit card department.  The hell!?  This means my recent bitcoin buy is going to be turned down, and it's all going to culminate in a bit PITA for me.... to spend my money from my paycheck due to a dispute with an entirely different department.   Angry  
  
But guess what - in today's world if you want to use digital money, this is your only option.  You have to deal with a bank, and once that check goes into their coffers, it's not your money anymore.  
  
It's theirs, and they're just being kind enough to let you still use it.  
  
Fuck these guys; I can't wait for a world where at least I have a choice.  If I don't want to deal with bank policies and optional reversibility/insurance (which will assuredly be more customer advantageous once we have a real choice) then I will be able to actually spend hard digital money without them.  
  
Pay me my paycheck in Monero already, damnit.


Why do you use a credit card to purchase bitcoin?
hero member
Activity: 770
Merit: 504
October 27, 2015, 02:29:39 AM
As I have said, http://www.reddit.com/r/dogemarket was a massive success and instrumental in getting a functioning economy for Doge off the ground back in early 2014.  At it's peak there were tens of thousands of subscribers and thousands of dollars whipped back and forth across that subreddit per day.  
  
I think that once the main upgrades are done to core Monero, and the GUI is released (so it becomes user friendly), we will be ready for promotion and the first tenuous steps to establish an online economy.  
  
Keeping this in mind, I've gone ahead and reserved http://www.reddit.com/r/moneromarket (not to be confused with the financial analysis version with an 's' on the end).  My goal would not be to moderate it myself, but rather to find the right individual(s) when the time is right (ideally we could lure over some of the guys from the Doge Market subreddit with a bounty or two; they did amazing, and their CSS has been finely tuned over the past couple of years).  
  
If there comes a time when I feel there is appropriate leadership there, I'll relinquish final control of the subreddit to someone else to avoid conflicts of interest with my main mod job over at /r/monero.
hero member
Activity: 770
Merit: 504
October 27, 2015, 02:14:39 AM
Unrelated rant!  Every once in a while you have a moment with a bank that causes you to realize why this stuff matters at all!   Angry Angry Angry Angry Angry Angry  
  
I'm having some credit card disputes with my bank, and as a result they put a daily purchase limit on my account, and they refuse to make any changes to my account (or remove the purchase limit) until I settle up with their credit card department.  The hell!?  This means my recent bitcoin buy is going to be turned down, and it's all going to culminate in a big PITA for me.... to spend my money from my paycheck due to a dispute with an entirely different department.   Angry  
  
But guess what - in today's world if you want to use digital money, this is your only option.  You have to deal with a bank, and once that check goes into their coffers, it's not your money anymore.  
  
It's theirs, and they're just being kind enough to let you still use it.  
  
Fuck these guys; I can't wait for a world where at least I have a choice.  If I don't want to deal with bank policies and optional reversibility/insurance (which will assuredly be more customer advantageous once we have a real choice) then I will be able to actually spend hard digital money without them.  
  
Pay me my paycheck in Monero already, damnit.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
October 27, 2015, 12:53:58 AM
Regarding the implementation and timeline of Monero Confidential Transactions (CT), I spotted the following Q&A on r/monero:

Quote from: Q
this will cause a moonshot eventually. I hope it does not take years to implement
&
Quote from: A(Shen)
I don't think it will be that long -I have like one bit of unrelated research I need to finish, which hopefully is almost done, and then I should have a couple of free days to spend on it.

It is nice to see Shen putting so much time into CT and his whitepaper and test implementations in mininero.

Definitely will be worth adding once it is fully tested by many on testnet or whatever.

I had no idea this could be done so quickly. Pleasant surprise!

Set your expectations further out in time as I personally think it may take some time for CT to be tested and incorporated via hard fork into monero.

My guess is 1 year from now at least.

Yes, the practical constraint for Monero isn't how fast Shen can push the CT envelope, but rather how fast the world's less spry cryptographers can effectively peer review his innovations.

After the ScalingBitcoin stuff is over, it's time for #BTCprivacy workshops.

Can't wait to see Adam, SN, mixles, and Gmax on the same discussion panel.  My brain is not ready!   Embarrassed
legendary
Activity: 2968
Merit: 1198
October 27, 2015, 12:37:18 AM
Shen is a student if I read Monero's FAQ correctly. So I think that he can spend more time to implement RingCT faster. I hope that we can fund his development when he is ready.

There is implementation and there is deployment, which are two different things. I could see it getting deployed to testnet much faster than the main network though.


legendary
Activity: 1106
Merit: 1000
October 27, 2015, 12:35:07 AM
Shen is a student if I read Monero's FAQ correctly. So I think that he can spend more time to implement RingCT faster. I hope that we can fund his development when he is ready. I expect that it would be 4-6 months timeframe
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
October 26, 2015, 11:00:28 PM
Regarding the implementation and timeline of Monero Confidential Transactions (CT), I spotted the following Q&A on r/monero:

Quote from: Q
this will cause a moonshot eventually. I hope it does not take years to implement
&
Quote from: A(Shen)
I don't think it will be that long -I have like one bit of unrelated research I need to finish, which hopefully is almost done, and then I should have a couple of free days to spend on it.

It is nice to see Shen putting so much time into CT and his whitepaper and test implementations in mininero.

Definitely will be worth adding once it is fully tested by many on testnet or whatever.

I had no idea this could be done so quickly. Pleasant surprise!

Set your expectations further out in time as I personally think it may take some time for CT to be tested and incorporated via hard fork into monero.

My guess is 1 year from now at least.
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