Topic: [XMR] Monero Speculation - page 1773. (Read 3313576 times)

This is the real point. These scammers are often (usually?) the operators. They're extremely competent (at least relatively speaking) in operating privately, whether or not they succeed has nothing to do with what less-expert users are exposed to.

generalizethis makes a good point that when even they can't do it, look out, but if they could, it still wouldn't matter to the average user.

Just to clarify, I was stating (obliquely) that Evolution and BTCe should have killed the myth of what was is in quotation. A tech savvy DMN thief who can't get the worlds largest regulatory non-compliment exchange to pass their stolen BTC is enough to let the normal cryptocurrency user know that BTC is not the coin for you if you want to smoothly and anonymously transact assets. I just wanted to clarify as i don't want anyone who just sees my name and the quotation to think that that was a statement I made.

Methods and sources are the most intently protected secrets.  In the U.S. in particular, law enforcement has adopted military-intelligence modes of operation wholesale.  Their capabilities and practices are kept secret to the degree feasible.  In general the limits of feasibility are determined by the rules of evidence of the courts, and the degree of difficulty in gaming them.  Blockchain analysis and tracking funds are among the more technical methods, and hence more easily concealed from naive courts. 

Law enforcement in general does not care about your 50 btc.  If you want it back you have to track it down yourself, and use private legal apparatus.  Private legal apparatus is very costly to employ, making your 50 btc loss pragmatically unrecoverable, regardless of your skills in blockchain analysis, or your contacts at the exchanges.  You're more likely to meet recovery success by extrajudicial channels.

Several arrests have occurred which may be in part or whole attributable to blockchain analysis, but determining that would require tracking the cases through the courts, to see what evidence emerges at trial, and frankly that could take a while, because almost no one thinks they can get a favorable outcome at trial in the U.S. without a brobdignagian expenditure, so actual trials are quite rare.  Even then, the policy of concealing methods and sources may mean that it takes a while before a sufficiently plum case arises such that law enforcement are willing to disclose a given technique required to support their case.

Engineer new ones.

Speculative and froth are distinct things.  Speculation with weak hands is frothy.  Speculation with strong hands is a foundation on which you can build.

Good and bad in markets are elusive. I prefer to adjust my position always based on the current price, in relation to the information I have about the asset. In practice this means to eliminate hope. When I start hoping that the price would go up or down, I normally get disappointed and also lose money. If I adjust the position such that it does not matter whether it goes up or down, that I can act in both cases, this will lead to profitable investing in the long run.

So... this is good or bad?

I don't know your level of computer skills but I have dozens of monero wallet files. Never had a problem managing it.

Awesome move americanpegasus, will definately follow your/our project!

Regarding [2], see comments in this reddit thread -> https://www.reddit.com/r/Monero/comments/3ixusi/generating_additional_addresses/. Perhaps two addresses will be sufficient as well.

Hey, can I ask this community for some advice?  If you don't know, I'm gearing up to try a decentralized fiction project soon...  The first of its kind.   The tl;dr is that I have a written, edited and illustrated book that will be given away for free.  At the end will be bitcoin and Monero addresses fans can use to contribute crypto towards the project.  Not only will the donations be used to help decide what happens next, but also will be used to pay/compensate writers, artists, and editors for future development in this fictional world.  The hope is that this project will become self sustaining and grow on its own. 
 
For more info, check here:  https://www.reddit.com/r/Bitcoin/comments/3ing5h/labrys_will_be_launched_on_september_28th_on_the/ 
 

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Your advice please: 
 
1. It is my intention to reinvest the overwhelming majority of crypto donations back into the project.  I also hope to be as open as possible about where the donations are going.  To this end I propose I will keep 20% of all donations for original authorship and ongoing project management.  80% goes back as compensation for future writing, art, etc.  I feel like this is an extremely fair split that will give everyone involved a good feeling about donating.  What do you think? 
 
2. I recently found that it is difficult to have more than one Monero address per client (if my understanding is correct)?  My original idea was to have seven bitcoin addresses at the end of the book and seven Monero addresses...  Is this unreasonable?  Should I not expect to be able to realistically manage more than one Monero address until a robust GUI implementation is put into place? 
 
Thanks for your advice.  This is a tremendous undertaking, and the first of its kind so I am sure there are many pitfalls ahead of me.  However I feel that if done properly this may be another killer 'app' (like Crypto Kingdom) that helps bring cryptocurrency into the mainstream.

Glanced at the charts. The support of the uptrend seems to be at about 0.00188 now. We haven't tested it yet, I think it would hold in the event of a selloff.

To the upside, 0.00265 is a strong resistance now. My belief is that the strongness means that it will keep the lid on price psychologically and from a distance (that it does not rise even close), but when it is assaulted, it will fall at the first try.

To an accumulator, the latest developments have removed the FOMO once again, and the accumulation zone is around 0.002, and several colleagues seem to have noticed the same.

A good point. I often ponder how the Big Mike actually tasted.

https://en.wikipedia.org/wiki/Gros_Michel_banana

What myth?

soon has lost all of its original meaning.

I now take it to be the literal meaning of "anytime now".


As far as bananas, we are down to one species that can be shipped worldwide.  I have no idea what we will do when that one is also gone.

wow, thanks for that. Also in those settings I came across the "hide avatars", which I thoroughly enjoy. Indeed, I started using bitcointalk when the avatars were disabled, and really wasn't a fan when they came back. But now everyone simply has a name again. Marvelous.

And, as always, I speculate bananas. Well, lets actually look at the prices here..... woof 46.7 cents at 0.00205... looks like bitcoins bouncing on that 200 level. As far as I can tell, still no word on how bitcoin is going to handle its blocksize problem, and their politics are still offputting to me. Watching maxwells video that I posted on the main thread has me convinced that at least he is aware of the implications of traceability in the bitcoin blockchain... I don't know if anyone noticed, but the video was 1/3 introduction, 1/3rd all of the other elements, and then 1/3rd confidential transactions. So that'll be interesting to see how that pans out.

It will be interesting to see how the price reacts to the release of the new binaries, whenever that happens, which will be soon, if anyone's following github. 0MQ in development branch!!!! What will this new release have in it? Exciting times.

But back to the bananas.

Wow.  Low budget.  I hadn't realized that proofing/editing was such an insurmountable expense.

Don't need it for the thread if we would all take advantage of it at the profile level.  I've had sigs blocked for years, and it cleans up the forum nearly as much as ignore does.   Well,  not quite.  But it helps

Referring to Quantum computing I would guess. NSA has suite B protocols now so apparently they are very concerned. If this coin wants to be the premier Anon coin then it damn better be very concerned as well. If for nothing else than appearances sake.