[XMR] Monero Speculation - page 1732.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: medusa13 on September 30, 2015, 02:49:08 PM

thank you for giving more details dEBRUYNE. yes i also think mostly everyone will upgrade, and those who can not will be given some time to adapt. i run 0.9 for a long time now allready.
but isn't the amount of transactions with mixing 0 important? maybe i missunderstood something there Roll Eyes

if there are a lot of transactions with mixing 0, this is bad for all of us no? or ist it such a problem becasue of the stealth adresses?

Stealth addresses are 100% not affected at all and certainly give a measure of privacy even if mixing is totally broken. Of course the privacy is far less than if mixing worked perfectly (otherwise why even bother with mixing!), but it does't fall to zero.

I tend to have more of a glass-half-full view on this which is to say that if you look at the recent stats (on moneroblocks.eu), the share of mix 0 transactions last year was 80%. Last month it was 67%. The number will surely continue to decline when 0.9 is released and people make the transition to having an enforced minimum in six months.

medusa13

sr. member

Activity: 453

Merit: 500

hello world

yeah maybe it was just the language barrier.

anyway dont get me wrong, all in all i'm very happy with where monero is going.

pa

hero member

Activity: 528

Merit: 501

Quote from: medusa13 on September 30, 2015, 12:35:21 PM

to me personally there is also the fact that some comments from fluffy are disturbing(at least to me, maybe its also the language), like the quote about zerocash. to me sometimes it seems like he allready made up his mind about how "a lot of people are going to lose a lot of money".

I think fluffypony is referring to early adopters of Zerocash, who would be risking the loss of their funds should flaws be found. He's not talking about Monero holders losing money.

medusa13

sr. member

Activity: 453

Merit: 500

hello world

thank you for giving more details dEBRUYNE. yes i also think mostly everyone will upgrade, and those who can not will be given some time to adapt. i run 0.9 for a long time now allready.
but isn't the amount of transactions with mixing 0 important? maybe i missunderstood something there Roll Eyes

if there are a lot of transactions with mixing 0, this is bad for all of us no? or ist it such a problem becasue of the stealth adresses?

regarding fluffys comments: think in the end these are just different kind of views. he said quite a few times that monero is not an investment. i can really understand his view and it is also true, buy and hodl wont work, especially if none builds the ecosystem. but the markets and liquidity providers are part of the ecosystem too, they are the core and yes these people are investors and they will lose most if it wont work out.

i hope this dump was the peak of moneros liquidity crisis, my heart says yes but my mind says no Lips sealed

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

Quote from: medusa13 on September 30, 2015, 12:35:21 PM

smooth said yesterday that the hardfork will happen in 6 months. Implementing the recommendations from MRL0004 is important, so it is clear that the price somehow reacts to this "delay" (its not a delay, they had just wrong expectations i guess)

to me personally there is also the fact that some comments from fluffy are disturbing(at least to me, maybe its also the language), like the quote about zerocash. to me sometimes it seems like he allready made up his mind about how "a lot of people are going to lose a lot of money".

i do not think zerocash played a role in the decision to dump it down.

maybe the devs are just too honest, something we are really not used to in this space Grin

@Ginger: the speculation was that this hardfork maybe will roll out without the 6 months softfork time, because it is too important (its no my speculation, so i just guess)

ah and btw. XAU is gold. 1 gramm of gold is ~36usd. so 0.01g gold (XAU) would be the price for the community fix

(not my idea, aminorex mentioned once to fix monero pirce in gold)

would never dump it down like that, also not at 0.1g <3

and the last edit: since there is evidence that the dumper sold on margin, my theory is flawed anyway. shame on you polo for STILL not publishing the numbers!!!!

All right, I am going to clear some things up here with respect to the bolded part. First of all, the hardfork code (the one that implements the recommendations from MRL-0004) is implemented into the new binaries (0.9). As a result, everyone who uses the new binaries will use this new code with the recommendations from MRL-0004. So it won't take six months before you can use these recommendations. However, after 6 months these changes will be enforced and thus everyone will be using them. But, as 0.9 is a significant improvement over 0.8.8.6 I guess almost everybody will be using the new binaries. Furthermore, if you compile yourself from the latest commits you will also use this new hardfork code. In addition, after 6 months there will be a new hardfork code with new recommendations and new binaries. So for example, in April they will release binaries 1.0 (guessing here) with hardfork code 2.0 and everyone can use that already. So in conclusion, only the enforcement happens in 6 months, it can already be used when the new binaries are released. I hope this clears things up.

Could you elaborate on fluffypony's comments? I always enjoy reading them.

Lebubar

legendary

Activity: 1288

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Quote from: iCEBREAKER on September 30, 2015, 01:47:31 PM

Quote from: dEBRUYNE on September 30, 2015, 10:06:01 AM

[10:22:02] wow, all loans of xmr have been taken out
[10:22:13] only 800 being offered for more than 2% a day

Thanks for the info.

I suspected a pissed-off NXT/VNL/NAUT/DASH shitcoiner wanted revenge for their scam being exposed, and simply borrowed almost every available XMR to dump short. We should be thanking them for the CH33P C01NZ.

I do the same thing to DASH once in a while, if its price looks more irrationally exuberant than normal. Cheesy

LOL

You're a dickhead confirmed!

Re-LOL.

smoothie

legendary

Activity: 2492

Merit: 1491

LEALANA Bitcoin Grim Reaper

Quote from: jehst on September 30, 2015, 11:01:35 AM

Zerocash article made it to the top of /r/bitcoin. So those who don't follow this space closely are only now finding out about it.

Someone could be placing a bet based on the theory that Zerocash will dominate the privacy coin space and that XMR will suffer as a result.

If I'm not mistaken zerocash will be released as an altcoin.

It has been over a year and no release...just more talks and presentations.

iCEBREAKER

legendary

Activity: 2156

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Crypto is the separation of Power and State.

Quote from: dEBRUYNE on September 30, 2015, 10:06:01 AM

[10:22:02] wow, all loans of xmr have been taken out
[10:22:13] only 800 being offered for more than 2% a day

Thanks for the info.

I suspected a pissed-off NXT/VNL/NAUT/DASH shitcoiner wanted revenge for their scam being exposed, and simply borrowed almost every available XMR to dump short. We should be thanking them for the CH33P C01NZ.

I do the same thing to DASH once in a while, if its price looks more irrationally exuberant than normal. Cheesy

kazuki49

sr. member

Activity: 350

Merit: 250

nioc

legendary

Activity: 1624

Merit: 1008

I hope you guys are having fun today! I have not been able to partake. I was out of the house within a half an hour this morning and have been on the road for work the last 9 hours with no end in sight. all I can do is follow the forum and I'm posting while driving.

I am NOT on polo so it's a little more difficult for me and as always my timing is impeccable :-(

Abiky

legendary

Activity: 3220

Merit: 1363

www.Crypto.Games: Multiple coins, multiple games

Let's hope for 2016 to be the year of Monero. Maybe it will get to at least $1 per XMR in the next year. That's why it's good to buy more when price is really cheap right now to reap on the benefits in the future. There's been a feature that I've been fascinated of Monero and that it's true anonymity when compared to Bitcoin. Privacy is essential these days, especially when NSA spies on you in every transaction, like Bitcoin. Grin

fox19891989

hero member

Activity: 840

Merit: 1000

Quote from: rpietila on September 30, 2015, 08:33:53 AM

Quote from: Febo on September 30, 2015, 08:07:11 AM

Quote from: rdnkjdi on September 30, 2015, 03:28:07 AM

Geez ... WTH happened ?

Seems someone dumped 40k XMR at about 0.0018-0.0016 half day ago. There was not much Buy orders. I guess if there would be he would not do it. But not sure if he will be able to buy it back at lower price.

I am very sure that if we rebound, there is no buying back cheaper. Either the seller was a miner who had accumulated too much and become queasy, or is playing on the descent to a lower price level around 0.001, or just needed money. Short term play it was not.

(I was not there so these are armchair comments), but the trigger sale was not the same as the full amount, some short covering resulted when the price temporarily dropped to the "soft" area below all the near-market bids.

Currently we need to have more buy walls to get their coins, we can keep the price, I think XMR will be back to 0.002 again very soon, which is the reasonable price for XMR, and big holders like you can help set more buy walls and buy more. Grin

medusa13

sr. member

Activity: 453

Merit: 500

hello world

smooth said yesterday that the hardfork will happen in 6 months. Implementing the recommendations from MRL0004 is important, so it is clear that the price somehow reacts to this "delay" (its not a delay, they had just wrong expectations i guess)

to me personally there is also the fact that some comments from fluffy are disturbing(at least to me, maybe its also the language), like the quote about zerocash. to me sometimes it seems like he allready made up his mind about how "a lot of people are going to lose a lot of money".

i do not think zerocash played a role in the decision to dump it down.

maybe the devs are just too honest, something we are really not used to in this space Grin

@Ginger: the speculation was that this hardfork maybe will roll out without the 6 months softfork time, because it is too important (its no my speculation, so i just guess)

ah and btw. XAU is gold. 1 gramm of gold is ~36usd. so 0.01g gold (XAU) would be the price for the community fix

(not my idea, aminorex mentioned once to fix monero pirce in gold)

would never dump it down like that, also not at 0.1g <3

and the last edit: since there is evidence that the dumper sold on margin, my theory is flawed anyway. shame on you polo for STILL not publishing the numbers!!!!

XMRpromotions

sr. member

Activity: 336

Merit: 250

Quote from: opennux on September 30, 2015, 12:32:02 AM

Quote from: rangedriver on September 29, 2015, 04:23:04 AM

Quote from: XMRpromotions on September 29, 2015, 03:49:52 AM

Quote from: owm123 on September 29, 2015, 12:27:27 AM

Quote from: generalizethis on September 29, 2015, 12:08:18 AM

Quote from: XMRpromotions on September 28, 2015, 11:55:09 PM

Quote from: owm123 on September 28, 2015, 07:12:29 PM

Quote from: XMRpromotions on September 27, 2015, 11:36:05 PM

Quote from: GingerAle on September 27, 2015, 10:03:51 PM

C'mon man, thats not the monero way!

This is the monero way! >>> https://forum.getmonero.org/6/ideas/2392/privately-donate-to-privacy-oriented-services

Great idea, particularly the part about helping them get set up. Not every merchant and charity is tech savvy enough to do so on their own. I hope this idea gets funding (xmr and pledges for technical help) soon.

https://twitter.com/XMRpromotions/status/648353833769238528

Some examples of privacy oriented services/projects and their donate pages:

   https://www.torproject.org/donate/donate-options.html.en
   https://www.torservers.net/donate.html
   https://geti2p.net/en/get-involved/donate
   https://protonmail.ch/donate
   https://tutanota.com/community#donate
   https://tails.boum.org/contribute/how/donate/index.en.html
   https://www.whonix.org/wiki/Donate
   https://www.guerrillamail.com/
   http://sigaintevyh2rzvw.onion/faq.html

So if someone is using them, and would like to and is able to support them, maybe it would be worth telling them about xmr support.

I will send at least one message to everyone on the above list this week. Who else is willing to to the same?

Count me in.

Same.

Okay I contacted them! For those that are on Twitter you can see my tweets here:
https://twitter.com/XMRpromotions/with_replies

Some of them I have already talked to by direct message with mixed responses. Others I contacted by email. Be sure to let them know that we have people who can help them set up the donation interface if they just ask!

getI2P should be an easy sell since we plan to use I2P
Tutanota showed some interest in the past

Contact all of the above plus any more you can think of! Donation acceptance should be an easy sell to privacy focused organizations!

https://twitter.com/Puri_sm (privacy focused laptops) is also interested in accepting bbr and xmr (bbr shared the lead with us) payments. They said to contact https://twitter.com/crowd_supply who handles their btc payments for them now

You realise that you're shooting yourself in the foot in regards to labour spent and success just as long as you're contacting everyone with XMRPromotions as your handle.... right? In fact, I'd probably hazard a guess that the labour injected is actually generating more auto-toxic results than positive ones.

So I'm walking along the street and a guy comes up to me and he's wearing a lime green cap, and a lime green T-shirt with white lettering, and lime green shorts, and he's handing out lime green flyers, and he's smiling and he says "Excuse me sir have you...." - -

"NOOO." I would say. "Sorry I'm in a rush I've got an appointment with a dentist who's just died and he's on fire and I... sorry... bye."

He could have just been asking for the time for all I care, but it's "NOOOOooo sorryyyyy bbye bye".

Now consider, a man with a NORMAL haircut, wearing NORMAL clothes, and for all intents looking NORMAL, with a NORMAL attitude and everything about this guy is just NORMAL..... and he comes up to me and he's like "Hey do you have the time?"

"Yes." I would say, "It's 2:15."

"Thankyou o wise one." he might retort.

"Anytime o inquisitive one. My pleasure indeed." I might add. etc etc etc etc

The moral of the story is: Why are you dressed up in a lime green T-shirt?

Just take it off man, seriously, you'd have more results. This isn't some cunting multinational corporation that despatches students to stand on street corners handing out advertisments.

It's a waste of labour relative to success. Just take out the crap and you're good to go.

Good post rangedriver! I agree.

But I would also like to commend "xmrpromotion's" effort very much. He's doing a good job! And best of all, he takes the community critique/suggestions seriously, and improves his approach when suggestions are given. Many more people should do like that.

Hey xmrpromotions..? Yes, you! You are doing a fine job, keep improving, keep up the effort. The more effort that is done, the more it inspires others to do more too.

Thank you. As others have pointed out I sometimes may make errors of judgement but do listen to community feedback.

I am happy to see that Tutanota has responded to our request. Lets keep in contact with them to ensure they receive all the assistance they need. Other privacy focused businesses may follow the lead of Tutanota if all goes according to plan.
https://tutanota.uservoice.com/forums/237921-general/suggestions/9968298-accept-monero-xmr-for-donations

Lets keep the momentum going!

Keep contacting the organizations on the list above and share the links to make voting/retweeting, etc. easy for community members. We can accelerate merchant adoption by being proactive. I see no reason why we should sit and wait for merchants to approach us.

GingerAle

legendary

Activity: 1260

Merit: 1008

Quote from: medusa13 on September 30, 2015, 12:01:27 PM

Quote from: ArticMine on September 30, 2015, 10:27:21 AM

All of this while 0.9 is close to release. Hmm ...

is it really?
this means the hard fork code will be included but not activated? this is the only way, since the hardfork will happen in 6 months, thats a long time.

sorry guys but i am confused about this.(and i do think its price relevant).
timing of the dump is not a coincidence, after i've read smooths post about the hardfork date dumping some was my first thought too to be honest...

is it time now for the community 0.01g XAU fix?

No idea what that is.

Re: hardfork date..... why would that encourage you to dump? The 6 month rolling hardfork has been in discussion for a while.

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

Quote from: medusa13 on September 30, 2015, 12:01:27 PM

Quote from: ArticMine on September 30, 2015, 10:27:21 AM

All of this while 0.9 is close to release. Hmm ...

is it really?
this means the hard fork code will be included but not activated? this is the only way, since the hardfork will happen in 6 months, thats a long time.

sorry guys but i am confused about this.(and i do think its price relevant).
timing of the dump is not a coincidence, after i've read smooths post about the hardfork date dumping some was my first thought too to be honest...

is it time now for the community 0.01g XAU fix?

Could you elaborate on this? Btw, it would be nice if we could slam that wall at 17 today, would at least bring us back above previous support (16. Cool

.

@jehst & melbustus, I don't think ZeroCash's announement currently has a big impact on the price. Like I said before, it was probably someone hunting longs, although I must admit we had been sliding a bit before that. Furthermore, many proper reasons by various prominent members have been laid out why ZeroCash wouldn't threat Monero.

medusa13

sr. member

Activity: 453

Merit: 500

hello world

Quote from: ArticMine on September 30, 2015, 10:27:21 AM

All of this while 0.9 is close to release. Hmm ...

is it really?
this means the hard fork code will be included but not activated? this is the only way, since the hardfork will happen in 6 months, thats a long time.

sorry guys but i am confused about this.(and i do think its price relevant).
timing of the dump is not a coincidence, after i've read smooths post about the hardfork date dumping some was my first thought too to be honest...

is it time now for the community 0.01g XAU fix?

SimpleIn

member

Activity: 84

Merit: 10

Quote from: cryptonic21 on September 30, 2015, 09:58:03 AM

Quote from: Hunyadi on September 30, 2015, 08:24:04 AM

Quote from: papa_lazzarou on September 30, 2015, 04:00:49 AM

Quote from: americanpegasus on September 29, 2015, 06:20:46 PM

Quote from: Abiky on September 29, 2015, 05:32:16 PM

There’s a place where you could buy silver Monero coins. They look very shiny and good to collect. You can check it out here: https://cryptonic.net/product/order/5/ Hope this helps.

Of course there is the problem of ensuring that only the bearer of the coin has access to the private key - what is needed is some method of storing as many XMR as there are ounces of silver in the coin, and *then* ensuring that the user can set a private password securing the onboard Monero.

Fluffy is already on it. Check this thread:
Creating a standard for physical coins (forum.getmonero.org)

Nice!

The next shipment of the coins is scheduled for the beginning of October. Today is the best time to order for the fastest delivery. Wink

Hodl Hodl Hodl

Melbustus

legendary

Activity: 1722

Merit: 1004

Quote from: jehst on September 30, 2015, 11:01:35 AM

...
Someone could be placing a bet based on the theory that Zerocash will dominate the privacy coin space and that XMR will suffer as a result.

I think it's pretty clear that's roughly what's happening. That, and a little more chatter about potentially adding fungibility solutions around bitcoin itself.

I posted about this in /r/monero to try and get a better handle on the implications. Some interesting responses: https://www.reddit.com/r/Monero/comments/3ms2ot/the_arguments_against_monero/

jehst

hero member

Activity: 798

Merit: 1000

21 million. I want them all.

Zerocash article made it to the top of /r/bitcoin. So those who don't follow this space closely are only now finding out about it.

Someone could be placing a bet based on the theory that Zerocash will dominate the privacy coin space and that XMR will suffer as a result.

Topic: [XMR] Monero Speculation - page 1732. (Read 3313576 times)