Author

Topic: [XMR] Monero Speculation - page 1727. (Read 3313576 times)

legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
October 02, 2015, 01:50:18 PM
there was/is a painter bot active and i hate it, risto pointed it out some time ago. dont know what kind of algo this is, but its pretty good in painting candles red without spending a lot of money.
it does this on different time scales too if possible.


@pegasus: funny findings Grin after October a huge crash happend, some of us got burned, but it made us strong. then a bubble happend, those who went through darkness without fear got rewarded. it was hell of a ride and it will continue like that  Smiley

I think it is mostly painting green, but during the time risto pointed it out it was painting red (thus switched in reverse). I also think it is currently painting green.

The reason why someone would use it is to play it against his own bids to camouflage his market buys and other upwards pressure during accumulation.

If it bothers you too much, just set up your own  Cheesy

All of this manipulation can work provided the fundamentals do not change. If the fundamentals do change watch out. Currently the bears can still focus on the 0.8.8.6 "official" binaries with over 8 GB in RAM requirements. How long this will last remains to be seen.

Call it a "gift" that that is pushing the price lower than if there was a new binary or gui etc.  Grin
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
October 02, 2015, 01:49:28 PM
Idk about that, I don't have the slightest idea of what I could do to help Monero personally since I'm pretty much technologically handicapped when it comes to cryptography.

For the non-technical contributors, there are always things to do in terms of improving the web site, social media, creative marketing ideas, outreach to merchants, users, and opinion makers, etc. And also crowdfunding of various Monero-related projects which not only helps the projects but gives you a direct say in what projects get done.

However, as a new arrival I'd suggest that you simply learn as much as you can first, then decide how you can help Monero succeed.

I have made a thread here with more specific tasks (and potential deadlines) that people can add to and sign up for!

Please check it out and contribute by adding new tasks, sign-up for tasks and debate/suggest other things.

https://forum.getmonero.org/6/ideas/2395/task-list-to-do-list

I just posted up an idea on the list and think it could be a really good one at that...

Quote
I was thinking, maybe we could make a bunch of stickers made with a QR code on it that would link someone to getmonero.org on their smartphone... I know in the city I live in there are a bunch of stickers promoting businesses, bands, and well, anything really... I think if we would have the just the Monero symbol and nothing else with a QR code on it, then people would be like, "what the hell is this"?

Downtown in my city is full of bars and is a college town, so maybe it would inspire just 1 person or 1,000 students to get interested...

What you guys think?


It sounds like something worth trying.
legendary
Activity: 2282
Merit: 1050
Monero Core Team
October 02, 2015, 01:31:29 PM
...
Currently the bears can still focus on the 0.8.8.6 "official" binaries with over 8 GB in RAM requirements. How long this will last remains to be seen.


I think you're over-estimating the effect on price that the next official binary release is likely to have. For better or worse (depends if one is accumulating or not, I suppose), I think the reality is that it's going to take an "official" GUI and/or more real services making use of XMR for there to be price movements that aren't mostly due to traders playing around.

This may well be the case; however I find it very hard to believe that the market has ignored the fact that there have not been an update to the "official" binaries for well over 9 months.

Edit 1: Here is an example of what I mean, from the main thread.


Hello,

 Seems that 8GB of memory is no more sufficent to load the blockchain on Windows... When i launch the bitmonero daemon, Windows says there's no more memory available for the process and kill it. I try to unload many things and boot windows very light, but same problem.

 It's time to go to the db version ?

This is someone who posted and asked for help. The question in my mind is how many did not post and just "gave up". This kind of thing is bound to have an impact on the market.

Edit 2: Windows Memory Limits http://www.ricksdailytips.com/windows-memory-limits/ Note; Windows 7 Home Basic with a limit of 8GB is actually fairly common.
legendary
Activity: 1722
Merit: 1004
October 02, 2015, 01:00:38 PM
...
Currently the bears can still focus on the 0.8.8.6 "official" binaries with over 8 GB in RAM requirements. How long this will last remains to be seen.


I think you're over-estimating the effect on price that the next official binary release is likely to have. For better or worse (depends if one is accumulating or not, I suppose), I think the reality is that it's going to take an "official" GUI and/or more real services making use of XMR for there to be price movements that aren't mostly due to traders playing around.
legendary
Activity: 2282
Merit: 1050
Monero Core Team
October 02, 2015, 12:35:18 PM
there was/is a painter bot active and i hate it, risto pointed it out some time ago. dont know what kind of algo this is, but its pretty good in painting candles red without spending a lot of money.
it does this on different time scales too if possible.


@pegasus: funny findings Grin after October a huge crash happend, some of us got burned, but it made us strong. then a bubble happend, those who went through darkness without fear got rewarded. it was hell of a ride and it will continue like that  Smiley

I think it is mostly painting green, but during the time risto pointed it out it was painting red (thus switched in reverse). I also think it is currently painting green.

The reason why someone would use it is to play it against his own bids to camouflage his market buys and other upwards pressure during accumulation.

If it bothers you too much, just set up your own  Cheesy

All of this manipulation can work provided the fundamentals do not change. If the fundamentals do change watch out. Currently the bears can still focus on the 0.8.8.6 "official" binaries with over 8 GB in RAM requirements. How long this will last remains to be seen.
full member
Activity: 224
Merit: 100
Spastic dead-eyed hound.
October 02, 2015, 12:32:37 PM
Idk about that, I don't have the slightest idea of what I could do to help Monero personally since I'm pretty much technologically handicapped when it comes to cryptography.

For the non-technical contributors, there are always things to do in terms of improving the web site, social media, creative marketing ideas, outreach to merchants, users, and opinion makers, etc. And also crowdfunding of various Monero-related projects which not only helps the projects but gives you a direct say in what projects get done.

However, as a new arrival I'd suggest that you simply learn as much as you can first, then decide how you can help Monero succeed.

I have made a thread here with more specific tasks (and potential deadlines) that people can add to and sign up for!

Please check it out and contribute by adding new tasks, sign-up for tasks and debate/suggest other things.

https://forum.getmonero.org/6/ideas/2395/task-list-to-do-list

I just posted up an idea on the list and think it could be a really good one at that...

Quote
I was thinking, maybe we could make a bunch of stickers made with a QR code on it that would link someone to getmonero.org on their smartphone... I know in the city I live in there are a bunch of stickers promoting businesses, bands, and well, anything really... I think if we would have the just the Monero symbol and nothing else with a QR code on it, then people would be like, "what the hell is this"?

Downtown in my city is full of bars and is a college town, so maybe it would inspire just 1 person or 1,000 students to get interested...

What you guys think?

donator
Activity: 1722
Merit: 1036
October 02, 2015, 12:29:05 PM
there was/is a painter bot active and i hate it, risto pointed it out some time ago. dont know what kind of algo this is, but its pretty good in painting candles red without spending a lot of money.
it does this on different time scales too if possible.


@pegasus: funny findings Grin after October a huge crash happend, some of us got burned, but it made us strong. then a bubble happend, those who went through darkness without fear got rewarded. it was hell of a ride and it will continue like that  Smiley

I think it is mostly painting green, but during the time risto pointed it out it was painting red (thus switched in reverse). I also think it is currently painting green.

The reason why someone would use it is to play it against his own bids to camouflage his market buys and other upwards pressure during accumulation.

If it bothers you too much, just set up your own  Cheesy
legendary
Activity: 2268
Merit: 1141
October 02, 2015, 11:13:19 AM
there was/is a painter bot active and i hate it, risto pointed it out some time ago. dont know what kind of algo this is, but its pretty good in painting candles red without spending a lot of money.
it does this on different time scales too if possible.


@pegasus: funny findings Grin after October a huge crash happend, some of us got burned, but it made us strong. then a bubble happend, those who went through darkness without fear got rewarded. it was hell of a ride and it will continue like that  Smiley

I think it is mostly painting green, but during the time risto pointed it out it was painting red (thus switched in reverse). I also think it is currently painting green.
sr. member
Activity: 453
Merit: 500
hello world
October 02, 2015, 10:51:31 AM
there was/is a painter bot active and i hate it, risto pointed it out some time ago. dont know what kind of algo this is, but its pretty good in painting candles red without spending a lot of money.
it does this on different time scales too if possible.

@pegasus: funny findings Grin after October a huge crash happend, some of us got burned, but it made us strong. then a bubble happend, those who went through darkness without fear got rewarded. it was hell of a ride and it will continue like that  Smiley
legendary
Activity: 2268
Merit: 1141
October 02, 2015, 10:18:51 AM
Some nice buys going on today. Since candlesticks can be deceiving and easily manipulated I pointed out the buys and sells for today (green dot = buy, red dot = sell). FWIW: If you are looking at candlesticks, just look closely at the open, high, low and close on a short time frame (best to look at 1 or 3m). Furthermore, the rates are still quite high and the offers outstanding quite low compared to a few weeks ago (see -> http://monerodice.pd.to/polo.php), so it could be that our suspected shorter (or other shorters) are taking out loans to supress the price. This is just a little theory though, I have no conclusive evidence of this.

legendary
Activity: 1722
Merit: 1004
October 02, 2015, 09:51:45 AM
...
I don't think many (any?) of us saw where it was going in terms of being the only crypto capable of actually functioning as a currency, due to its true fungibility.
...


Actually, I think fungibility in the ideal-money sense is *precisely* why there's been long-standing interest in Monero from a number of people who were interested in Bitcoin fairly early.
sr. member
Activity: 392
Merit: 250
October 02, 2015, 09:09:13 AM
I need some xmr but gotta pay for it 20x at least, before I put it on.  Meanwhile, long GBP/softs/spus, short emerging/energy/ france/spain/financials/duration.

what?
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
October 02, 2015, 08:23:32 AM
I need some xmr but gotta pay for it 20x at least, before I put it on.  Meanwhile, long GBP/softs/spus, short emerging/energy/ france/spain/financials/duration.
sr. member
Activity: 392
Merit: 250
October 02, 2015, 06:46:33 AM
Idk about that, I don't have the slightest idea of what I could do to help Monero personally since I'm pretty much technologically handicapped when it comes to cryptography.

For the non-technical contributors, there are always things to do in terms of improving the web site, social media, creative marketing ideas, outreach to merchants, users, and opinion makers, etc. And also crowdfunding of various Monero-related projects which not only helps the projects but gives you a direct say in what projects get done.

However, as a new arrival I'd suggest that you simply learn as much as you can first, then decide how you can help Monero succeed.

I have made a thread here with more specific tasks (and potential deadlines) that people can add to and sign up for!

Please check it out and contribute by adding new tasks, sign-up for tasks and debate/suggest other things.

https://forum.getmonero.org/6/ideas/2395/task-list-to-do-list

Good list. But please dont forget that one issue there is, that you cant use xmr directly to pay/donate or support projects/websites or whatever. Thus if you think monero has any future and you care and want to support any porject/website, please let them know you can support them through xmr.

The perfect example is recent community effort of asking tutanota to support donations with xmr:
https://tutanota.uservoice.com/forums/237921-general/suggestions/9968298-accept-monero-xmr-for-donations

I'm tutanota user myself (also protonmail), so I fully think that just letting to know privacy oriented service (if you use any) about being able to donate some xmr to them is useful.

After all, its all about privacy.  If privacy oriented services cant see and appreciate value of xmr, than I dont think anyone else will.



It's great. (I also saw you replied on the thread). All those things can be actionable tasks indeed. So please, add suggestions to the list. A task could be "Find 10 - 20 - 30 - whatever number - of privacy oriented services". Another task could be "Contact this or that service".
By quantifying it a bit and also having an always relatively up-to-date reference list of somewhat easily attackable tasks will hopefully make many more things happen.

I just added new comment in the monero forum, and reddit, that is copy of the above about tutanota. There is also current initiative about being about to donate xmr to i2p.
https://www.reddit.com/r/Monero/comments/3mwvfr/i2p_good_news/





full member
Activity: 231
Merit: 100
October 02, 2015, 06:24:22 AM
Idk about that, I don't have the slightest idea of what I could do to help Monero personally since I'm pretty much technologically handicapped when it comes to cryptography.

For the non-technical contributors, there are always things to do in terms of improving the web site, social media, creative marketing ideas, outreach to merchants, users, and opinion makers, etc. And also crowdfunding of various Monero-related projects which not only helps the projects but gives you a direct say in what projects get done.

However, as a new arrival I'd suggest that you simply learn as much as you can first, then decide how you can help Monero succeed.

I have made a thread here with more specific tasks (and potential deadlines) that people can add to and sign up for!

Please check it out and contribute by adding new tasks, sign-up for tasks and debate/suggest other things.

https://forum.getmonero.org/6/ideas/2395/task-list-to-do-list

Good list. But please dont forget that one issue there is, that you cant use xmr directly to pay/donate or support projects/websites or whatever. Thus if you think monero has any future and you care and want to support any porject/website, please let them know you can support them through xmr.

The perfect example is recent community effort of asking tutanota to support donations with xmr:
https://tutanota.uservoice.com/forums/237921-general/suggestions/9968298-accept-monero-xmr-for-donations

I'm tutanota user myself (also protonmail), so I fully think that just letting to know privacy oriented service (if you use any) about being able to donate some xmr to them is useful.

After all, its all about privacy.  If privacy oriented services cant see and appreciate value of xmr, than I dont think anyone else will.



It's great. (I also saw you replied on the thread). All those things can be actionable tasks indeed. So please, add suggestions to the list. A task could be "Find 10 - 20 - 30 - whatever number - of privacy oriented services". Another task could be "Contact this or that service".
By quantifying it a bit and also having an always relatively up-to-date reference list of somewhat easily attackable tasks will hopefully make many more things happen.
sr. member
Activity: 392
Merit: 250
October 02, 2015, 04:45:39 AM
Idk about that, I don't have the slightest idea of what I could do to help Monero personally since I'm pretty much technologically handicapped when it comes to cryptography.

For the non-technical contributors, there are always things to do in terms of improving the web site, social media, creative marketing ideas, outreach to merchants, users, and opinion makers, etc. And also crowdfunding of various Monero-related projects which not only helps the projects but gives you a direct say in what projects get done.

However, as a new arrival I'd suggest that you simply learn as much as you can first, then decide how you can help Monero succeed.

I have made a thread here with more specific tasks (and potential deadlines) that people can add to and sign up for!

Please check it out and contribute by adding new tasks, sign-up for tasks and debate/suggest other things.

https://forum.getmonero.org/6/ideas/2395/task-list-to-do-list

Good list. But please dont forget that one issue there is, that you cant use xmr directly to pay/donate or support projects/websites or whatever. Thus if you think monero has any future and you care and want to support any porject/website, please let them know you can support them through xmr.

The perfect example is recent community effort of asking tutanota to support donations with xmr:
https://tutanota.uservoice.com/forums/237921-general/suggestions/9968298-accept-monero-xmr-for-donations

I'm tutanota user myself (also protonmail), so I fully think that just letting to know privacy oriented service (if you use any) about being able to donate some xmr to them is useful.

After all, its all about privacy.  If privacy oriented services cant see and appreciate value of xmr, than I dont think anyone else will.

sr. member
Activity: 336
Merit: 250
October 02, 2015, 04:43:42 AM
Idk about that, I don't have the slightest idea of what I could do to help Monero personally since I'm pretty much technologically handicapped when it comes to cryptography.

For the non-technical contributors, there are always things to do in terms of improving the web site, social media, creative marketing ideas, outreach to merchants, users, and opinion makers, etc. And also crowdfunding of various Monero-related projects which not only helps the projects but gives you a direct say in what projects get done.

However, as a new arrival I'd suggest that you simply learn as much as you can first, then decide how you can help Monero succeed.

I have made a thread here with more specific tasks (and potential deadlines) that people can add to and sign up for!

Please check it out and contribute by adding new tasks, sign-up for tasks and debate/suggest other things.

https://forum.getmonero.org/6/ideas/2395/task-list-to-do-list

I like the to do list. I will try to think of things that I can add to and for the best way for me to help
full member
Activity: 231
Merit: 100
October 02, 2015, 04:32:30 AM
Idk about that, I don't have the slightest idea of what I could do to help Monero personally since I'm pretty much technologically handicapped when it comes to cryptography.

For the non-technical contributors, there are always things to do in terms of improving the web site, social media, creative marketing ideas, outreach to merchants, users, and opinion makers, etc. And also crowdfunding of various Monero-related projects which not only helps the projects but gives you a direct say in what projects get done.

However, as a new arrival I'd suggest that you simply learn as much as you can first, then decide how you can help Monero succeed.

I have made a thread here with more specific tasks (and potential deadlines) that people can add to and sign up for!

Please check it out and contribute by adding new tasks, sign-up for tasks and debate/suggest other things.

https://forum.getmonero.org/6/ideas/2395/task-list-to-do-list
hero member
Activity: 770
Merit: 504
October 02, 2015, 04:23:18 AM

Especially now that bitcoin's weaknesses are really starting to show, Monero is becoming less of a "niche currency" and more of "the only currency that actually works." We've transcended why privacy is important. It's just a necessary side effect of a decentralized, fungible system of money.
 
  
I believe I've already posted this self-made graphic once before, but I will post it one more time since it's relevant to this discussion.  Bitcoin was essentially the first digital collectible, but it fell short of fulfilling the promise of "digital gold".  
  
Monero makes good on that promise and is the first time we have truly advanced money in all criteria.  
  
It might sound crazy, because you see Monero as a small crypto side project, but that would be a severe error in judgement.  Whether by coincidence or design, you are witness to the live (and open) beta release of one of the most significant technologies that has ever existed.  
  
hero member
Activity: 795
Merit: 514
October 02, 2015, 04:10:29 AM

Fully agree. Please dont jump and get hyped about any coin, because of some strangers in the internet. Take time and do plant of research and, before you start trowing many on any coin.

I guess the main question I would have now is, where would I go to do a non biased research on the coin I want to look further into?  It seems impossible to do this, especially with all of the information about cryptos being on the internet.  What made you feel strongly about Monero in the first place?  What makes you feel even more strongly about Monero now? I want to see for my self, but I would have no idea where to start.

Regarding Monero research: go read the early pages of the Bytecoin (BCN) thread. That will give you the unbiased truth of why Monero came to exist.

In early 2014, anonymity (privacy) was the big issue, and there wasn't a whole lot of talk about fungibility. It was well known you could improve bitcoin's privacy with coinjoin or mixing, but I don't think the implications of Monero's opaque blockchain became realized until long after its release. The idea that addresses on a transparent ledger always have a history (regardless of mixing), but on an opaque ledger they don't, is still not quite grasped by many in the crypto space.

TL;DR Monero is still relatively young but its purpose has already shifted.

Please go on...

Monero started out as a "niche" currency that was lumped together with darkcoin and the others of the time with privacy as it's claim to fame. I don't think many (any?) of us saw where it was going in terms of being the only crypto capable of actually functioning as a currency, due to its true fungibility.

Especially now that bitcoin's weaknesses are really starting to show, Monero is becoming less of a "niche currency" and more of "the only currency that actually works." We've transcended why privacy is important. It's just a necessary side effect of a robust and decentralized system of money.
Jump to: