[XMR] Monero Speculation - page 1707.

e-coinomist

legendary

Activity: 2380

Merit: 1085

Money often costs too much.

Quote from: ArticMine on October 12, 2015, 08:19:31 PM

My theory: There may still be some exit coins left on Cryptsy. DASH, Ripple, Dodgecoin, Ether but not not Bitcoin or Litecoin

Interesting concept, "exit coins" could become a solid investment opportunity (short timespan) until Cryptsy's breath becomes shallow

ArticMine

legendary

Activity: 2282

Merit: 1050

Monero Core Team

Quote from: smoothie on October 12, 2015, 08:10:09 PM

...

Looks like about half of his money is still stuck on craptsy.

If you don't hold it you don't own it.

My theory: There may still be some exit coins left on Cryptsy. DASH, Ripple, Dodgecoin, Ether but not not Bitcoin or Litecoin

Quote from: ArticMine on October 12, 2015, 07:39:35 PM

Quote from: ?? on ??

Quote from: AzzAz on October 12, 2015, 06:53:43 PM

I have similar experience with Cryptsy. Though for 0.75 BTC but same. And support disappeared 3 days ago. 7 days waiting...

I just don't have these issues with Cryptsy
I put 1.0 DASH in today and pull out 1.12..DASH a few minutes later
I understands it's less than $5USD
You think that maybe they are manually processing 'larger' amounts?
or worse
Using your coins to make 'money' for themselves?
anything is possible....

Or simply they ran out of XBT and LTC but not of DASH. I smell the ghost of Gox 2.0 here. The trick is to figure out what currencies they still have left, sell for those and get out. The fact that they locked Otoh's account is a real red flag. Mt Gox allowed me to reverse my pending CAD withdrawal, which I managed to convert to XBT and get out at a profit due to the Silk Road seizure in 2013. If they are in trouble they may want to prevent this kind of thing.

smoothie

legendary

Activity: 2492

Merit: 1491

LEALANA Bitcoin Grim Reaper

Quote from: ArticMine on October 12, 2015, 08:03:13 PM

There may be a Goxing going on at Cryptsy. From the DASH thread https://bitcointalksearch.org/topic/m.12671376

Quote from: Otoh on October 12, 2015, 06:33:33 PM

Please to upvote my post warning about problems with Cryptsy withdrawals since the 5th Oct:

https://www.reddit.com/r/Bitcoin/comments/3nkotr/cryptsy_responds_to_coinfire

Otohs 1 point 26 minutes ago

I had over $50,000 on Cryptsy on the 5th Oct, I sold (at a loss) for BTC, LTC & DASH, I was able to withdraw the 8,433 DASH, but the 2,886 LTC & 76.24 BTC have been stuck there for over one week, I was then locked out of my account and dealing with support has been a nightmare, fobbed off with "you're in a queue" or ignored mostly.

I would not advise risking any funds there atm.

Will update on developments...

...

Looks like about half of his money is still stuck on craptsy.

If you don't hold it you don't own it.

ArticMine

legendary

Activity: 2282

Merit: 1050

Monero Core Team

There may be a Goxing going on at Cryptsy. From the DASH thread https://bitcointalksearch.org/topic/m.12671376

Quote from: Otoh on October 12, 2015, 06:33:33 PM

Please to upvote my post warning about problems with Cryptsy withdrawals since the 5th Oct:

https://www.reddit.com/r/Bitcoin/comments/3nkotr/cryptsy_responds_to_coinfire

Otohs 1 point 26 minutes ago

I had over $50,000 on Cryptsy on the 5th Oct, I sold (at a loss) for BTC, LTC & DASH, I was able to withdraw the 8,433 DASH, but the 2,886 LTC & 76.24 BTC have been stuck there for over one week, I was then locked out of my account and dealing with support has been a nightmare, fobbed off with "you're in a queue" or ignored mostly.

I would not advise risking any funds there atm.

Will update on developments...

...

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: dEBRUYNE on October 12, 2015, 04:21:07 PM

Ring Confidential Transactions (CT) for Monero: A work in progress, comments welcome

https://github.com/ShenNoether/MiniNero/blob/master/RingCT0.1_copy.pdf

https://www.reddit.com/r/Monero/comments/3oi16k/ring_ct_for_monero_a_work_in_progress_comments/

Started to read, realized I'm too stupid to follow it. Hope it is what's it's purported to be.

Quote from: chennan on October 12, 2015, 04:37:22 PM

...

But wouldn't this give a Mt. Gox effect on the prices of all altcoins? If people on Polo were on the inside, and maybe be using to pump some prices of altcoin, maybe Monero, wouldn't it have some kind of negative effect? Not only that, but in a years time there will be another site that would do basically the same things? It just seems like exchange sites are always dealt with some type of shady business.

If Gox had been investigated earlier maybe it would not have got so out of hand.

BTW I was a huge fan of POLO until they pulled that compliance thing without much notice. Now I barley use any exchanges.

GingerAle

legendary

Activity: 1260

Merit: 1008

regarding this new work by shen, so glad this hard fork schedule is starting up. Excellent foresight by the dev team to consider getting everyone accustomed with hardforks so we're ready, willing and able to continue to implement improvements in monero.

smoothie

legendary

Activity: 2492

Merit: 1491

LEALANA Bitcoin Grim Reaper

Quote from: chennan on October 12, 2015, 05:13:50 PM

Quote from: binaryFate on October 12, 2015, 05:10:08 PM

Quote from: owm123 on October 12, 2015, 05:03:27 PM

Quote from: dEBRUYNE on October 12, 2015, 04:21:07 PM

Ring Confidential Transactions (CT) for Monero: A work in progress, comments welcome

https://github.com/ShenNoether/MiniNero/blob/master/RingCT0.1_copy.pdf

https://www.reddit.com/r/Monero/comments/3oi16k/ring_ct_for_monero_a_work_in_progress_comments/

What is it about, ELI5?

So far we had:
Ring sig as in Monero -> Obfuscate the sender, amount visible
Confidential transaction by gmaxwell -> Hide amount, sender visible

Now we have both together. Moar privacy

This seems like a really elegant and useful work, I'm super grateful to Shen.

Wow, that's super cool... I guess I'll have to take the time to read the full paper, but I'm curious as to how this is at all possible. I mean it would seem like you would have to give one to get the other, not just have both Grin

but if they found that it is technically possible, then this would be revolutionary!

I've set the document under my bookmark so I can read it with my morning coffee when I wake up in the morning.

reading it now...

chennan

legendary

Activity: 1316

Merit: 1004

Quote from: binaryFate on October 12, 2015, 05:10:08 PM

Quote from: owm123 on October 12, 2015, 05:03:27 PM

Quote from: dEBRUYNE on October 12, 2015, 04:21:07 PM

Ring Confidential Transactions (CT) for Monero: A work in progress, comments welcome

https://github.com/ShenNoether/MiniNero/blob/master/RingCT0.1_copy.pdf

https://www.reddit.com/r/Monero/comments/3oi16k/ring_ct_for_monero_a_work_in_progress_comments/

What is it about, ELI5?

So far we had:
Ring sig as in Monero -> Obfuscate the sender, amount visible
Confidential transaction by gmaxwell -> Hide amount, sender visible

Now we have both together. Moar privacy

This seems like a really elegant and useful work, I'm super grateful to Shen.

Wow, that's super cool... I guess I'll have to take the time to read the full paper, but I'm curious as to how this is at all possible. I mean it would seem like you would have to give one to get the other, not just have both Grin

but if they found that it is technically possible, then this would be revolutionary!

I've set the document under my bookmark so I can read it with my morning coffee when I wake up in the morning.

binaryFate

legendary

Activity: 1512

Merit: 1012

Still wild and free

Quote from: owm123 on October 12, 2015, 05:03:27 PM

Quote from: dEBRUYNE on October 12, 2015, 04:21:07 PM

Ring Confidential Transactions (CT) for Monero: A work in progress, comments welcome

https://github.com/ShenNoether/MiniNero/blob/master/RingCT0.1_copy.pdf

https://www.reddit.com/r/Monero/comments/3oi16k/ring_ct_for_monero_a_work_in_progress_comments/

What is it about, ELI5?

So far we had:
Ring sig as in Monero -> Obfuscate the sender, amount visible
Confidential transaction by gmaxwell -> Hide amount, sender visible

Now we have both together. Moar privacy

This seems like a really elegant and useful work, I'm super grateful to Shen.

owm123

sr. member

Activity: 392

Merit: 250

Quote from: dEBRUYNE on October 12, 2015, 04:21:07 PM

Ring Confidential Transactions (CT) for Monero: A work in progress, comments welcome

https://github.com/ShenNoether/MiniNero/blob/master/RingCT0.1_copy.pdf

https://www.reddit.com/r/Monero/comments/3oi16k/ring_ct_for_monero_a_work_in_progress_comments/

What is it about, ELI5?

medusa13

sr. member

Activity: 453

Merit: 500

hello world

can somone point me to info about the bug we had with the seed in 8.8.6 ?

i think i might be a victim Shocked

some words needed to be changed no?

edit: found it, i try again and see if the money is there loool Grin

chennan

legendary

Activity: 1316

Merit: 1004

Quote from: Hueristic on October 12, 2015, 04:29:34 PM

Quote from: medusa13 on October 12, 2015, 02:09:02 PM

no they can not guarantee to pay back the money, but if liquidity is there it should work out. i normally do not lend out money too, but since i planned to buy the coins back anyway + the rate was 2% i could not resist.
but it did not work out, next time i wont hesitate.

i do think the over all short position is still there, yesterday we just saw the bot having an issue. if he continues on margin we will see soon enough i guess

and now there are so many offers below 1%, this is really not what i wanted but yeah, market will solve it Roll Eyes

poloniex's policy on not publishing the data is criminal. it gives a huge atvantage not only to them, but to the rich ones, since they can afford to lend out money (and know how much there is to squeeze) + manipulate the market at the same time.

this is a real issue. i have mentioned this many times to polo, but without any success. they promised to implement it a very long time ago.

regarding eth: remember, they are located in switzerland, this sure plays a role too (developer ~140-220k p.a. / office ~160-260 per m2 p.a, prices in CHF) btw. i agree, they spent it unwise, it seems like that at least

Since Polo is conforming so easily with regulations and our private information I'm sure a call from Any states attorney generals office on "why that info is insider knowledge only" would get a quick response. Wink

I've found that office to be of use when dealing with corporations in the past, amazing what one call from them can accomplish.

But wouldn't this give a Mt. Gox effect on the prices of all altcoins? If people on Polo were on the inside, and maybe be using to pump some prices of altcoin, maybe Monero, wouldn't it have some kind of negative effect? Not only that, but in a years time there will be another site that would do basically the same things? It just seems like exchange sites are always dealt with some type of shady business.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: medusa13 on October 12, 2015, 02:09:02 PM

no they can not guarantee to pay back the money, but if liquidity is there it should work out. i normally do not lend out money too, but since i planned to buy the coins back anyway + the rate was 2% i could not resist.
but it did not work out, next time i wont hesitate.

i do think the over all short position is still there, yesterday we just saw the bot having an issue. if he continues on margin we will see soon enough i guess

and now there are so many offers below 1%, this is really not what i wanted but yeah, market will solve it Roll Eyes

poloniex's policy on not publishing the data is criminal. it gives a huge atvantage not only to them, but to the rich ones, since they can afford to lend out money (and know how much there is to squeeze) + manipulate the market at the same time.

this is a real issue. i have mentioned this many times to polo, but without any success. they promised to implement it a very long time ago.

regarding eth: remember, they are located in switzerland, this sure plays a role too (developer ~140-220k p.a. / office ~160-260 per m2 p.a, prices in CHF) btw. i agree, they spent it unwise, it seems like that at least

Since Polo is conforming so easily with regulations and our private information I'm sure a call from Any states attorney generals office on "why that info is insider knowledge only" would get a quick response. Wink

I've found that office to be of use when dealing with corporations in the past, amazing what one call from them can accomplish.

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

Ring Confidential Transactions (CT) for Monero: A work in progress, comments welcome

https://github.com/ShenNoether/MiniNero/blob/master/RingCT0.1_copy.pdf

https://www.reddit.com/r/Monero/comments/3oi16k/ring_ct_for_monero_a_work_in_progress_comments/

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

Quote from: adhitthana on October 12, 2015, 04:33:04 AM

Don't take me as typical but I trade alt coin to increase me BTC

Relative to XMR, you would better efficiency were you to trade in and out of USD or EUR, since you will see much less slippage, albeit perhaps slightly less tradable volatility.

medusa13

sr. member

Activity: 453

Merit: 500

hello world

no they can not guarantee to pay back the money, but if liquidity is there it should work out. i normally do not lend out money too, but since i planned to buy the coins back anyway + the rate was 2% i could not resist.
but it did not work out, next time i wont hesitate.

i do think the over all short position is still there, yesterday we just saw the bot having an issue. if he continues on margin we will see soon enough i guess

and now there are so many offers below 1%, this is really not what i wanted but yeah, market will solve it Roll Eyes

poloniex's policy on not publishing the data is criminal. it gives a huge atvantage not only to them, but to the rich ones, since they can afford to lend out money (and know how much there is to squeeze) + manipulate the market at the same time.

this is a real issue. i have mentioned this many times to polo, but without any success. they promised to implement it a very long time ago.

regarding eth: remember, they are located in switzerland, this sure plays a role too (developer ~140-220k p.a. / office ~160-260 per m2 p.a, prices in CHF) btw. i agree, they spent it unwise, it seems like that at least

Mr Felt

hero member

Activity: 493

Merit: 518

Quote from: iCEBREAKER on October 12, 2015, 08:42:04 AM

Quote from: digicoin on October 12, 2015, 08:01:34 AM

if the dump continues 2-3 weeks more, I don't know what to do

Relax. Do nothing. Sit tight and be right.

The Monero Mustang dev team (volunteer + paid) is doing amazing work, but it will take months to finish.

Maybe put in some skunk bids, in case we revisit ~0.001. Cool

Pretty much right on.

GingerAle

legendary

Activity: 1260

Merit: 1008

Quote from: aminorex on October 12, 2015, 01:04:01 PM

Quote from: smooth on October 12, 2015, 04:40:28 AM

Quote from: smoothie on October 12, 2015, 03:20:38 AM

I like the idea of what etheruem was intended to do but I don't like the managing of the project at all.

Simple undeniable fact is they ran out of money before coming even close to finishing their stated objectives, starting with very respectable budget of around $10-15 mill (depending on what BTC price you use). Even for $10 million they should have gotten much closer.

That is 100% proof of bad management or fraud.

Don't be so harsh. 10mm ain't what it used to be. What, 10 good developers and office space for a year in NYC or SFO? Moreover, given the idolatry of Butterin, it's hard to see how it could fail to result in a lot of burnination. You would think he was the reincarnation of Elizabeth Holmes, and she's not even dead yet (nor is it proven that she ever will be).

if 10mm was wasted on office space, then I'd consider it bad management. I thought the concept of "if we get people together in proximity, stuff will happen!" died in the 90s

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

Quote from: smooth on October 12, 2015, 04:40:28 AM

Quote from: smoothie on October 12, 2015, 03:20:38 AM

I like the idea of what etheruem was intended to do but I don't like the managing of the project at all.

Simple undeniable fact is they ran out of money before coming even close to finishing their stated objectives, starting with very respectable budget of around $10-15 mill (depending on what BTC price you use). Even for $10 million they should have gotten much closer.

That is 100% proof of bad management or fraud.

Don't be so harsh. 10mm ain't what it used to be. What, 10 good developers and office space for a year in NYC or SFO? Moreover, given the idolatry of Butterin, it's hard to see how it could fail to result in a lot of burnination. You would think he was the reincarnation of Elizabeth Holmes, and she's not even dead yet (nor is it proven that she ever will be).

Speculation: Still looking for 2 more days long(ish) in GBPJPY, SPX. Remarkably, Biotech sector looks like a buy here, for the swing, about 7 days. Hedging on XAU now, however. Wheat may continue its correction into next week, whereupon I expect to go long again. Oil may be a good short for the rest of the month. XBTUSD could top out any time between now and Thursday. Thereafter, I expect a couple of weeks of increase in XMRXBT.

jehst

hero member

Activity: 798

Merit: 1000

21 million. I want them all.

Quote from: digicoin on October 12, 2015, 12:19:11 AM

Ethereum use cases are 10-years early. I don't think it is helpful at the moment. I speculate on the rise of a border-less, global-scale e-cash like XMR

I'm happy to see someone else acknowledge this. Smart contract platforms like Counterparty and Ethereum sound very nifty, but nearly zero serious business people (including the Overstock guy, Patrick Byrnes) would even consider sending real money into a smart contract today. I wouldn't. Most of us want to see this concept perfected and standardized over the coming 5-10 years. I only bought cryptocurrencies after seeing other people using them for non-speculative purposes. In 2011, I saw bitcoiners buying drugs (to be honest) and in 2014, I saw XMR users playing Crypto-Kingdom. For me, the technical specifications (to the extent that I could even understand them) were never enough.

Topic: [XMR] Monero Speculation - page 1707. (Read 3313576 times)