[XMR] Monero Speculation - page 1786.

ArticMine

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Monero Core Team

Quote from: cbeast on August 18, 2015, 11:03:03 PM

Looks like I'll be slumming in the altcoin section now that XT is moved there. So I have a question about Monero. I am interested in looking into a Monero based technology. Is there a block size limit with Monero?

First welcome.

There is no max blocksize limit baked into the Monero code. The blocksize limit is dynamic as explained in the code quote above. I must say that I have been concerned about the max blocksize limit in Bitcoin for well over two years and actually found out about Monero while researching this issue back in June of 2014. I will also add that most of the POW altcoins have baked in max blocksize limits because they were forked from either Bitcoin or Litcoin, so the ticking time bomb may be there also.

rpietila

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Quote from: kenji on August 18, 2015, 09:13:42 PM

Quote from: worldinacoin on August 18, 2015, 08:37:37 PM

Is XMR dead already?

sooner or later it will be dead anyway.
as the old risto said ,there is a very tiny chance that monero will ever be success.
but for now we can good gamble with it Wink

Monero can only be a failure if every member of the community abandons it entirely. A comparison with CKG is perhaps in order:

CKG is only owned by 94 player characters in the game (corporations excluded since they are owned by the player chars). Of these,
- 58 own at least 0.1% of it,
- 11 own at least 1.0%, and
- 1 owns at least 10%.

The market cap is 700,000 XMR, which is 7,446 XMR per PC.

If some part of the community leaves, pressuring the market cap down by their sales, it is more than likely that the rest bid up the assets, because otherwise their weekly profit soars too high - it is a competitive market.

XMR has interest-bearing usage in the game: the last time bonds were issued, they paid 82% per realyear. CKG is paying dividends, which at the current pace make it earn about 30% per year. The building/repair projects are currently returning about multiples per year.

TrueCryptonaire

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Quote from: kenji on August 18, 2015, 09:13:42 PM

Quote from: worldinacoin on August 18, 2015, 08:37:37 PM

Is XMR dead already?

sooner or later it will be dead anyway.
as the old risto said ,there is a very tiny chance that monero will ever be success.
but for now we can good gamble with it Wink

I think Risto's predictions are biased by the number of abandoned coins that are not even meant to achieve to any success (they have been made for making a pump and dump or some coins are made perhaps also for experimenta & educational reasons). The fact is, Monero will be as good as we want it to be. It is largerly on our hands (of course everything is in the hands of the Creator). We can make this success if we so want.

I think Monero has many things that makes it rare project. Not the least one is that the community has no lack of money to buy up this coin from the weak shaking hands.

These days are the days when it is important to try to start accumulation of Moneros as the price can start serious rising any moment now as there are not that many Moneros to be mined (if we exclude the tail emission). Bear in mind, Monero is still below 10 usd which would be cool to achieve this year and 100 usd in 2016. Roll Eyes

Jungian

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Quote from: cbeast on August 18, 2015, 11:03:03 PM

Looks like I'll be slumming in the altcoin section now that XT is moved there. So I have a question about Monero. I am interested in looking into a Monero based technology. Is there a block size limit with Monero?

The block size limit is dynamic

https://github.com/monero-project/bitmonero/blob/c41d14b2aa3fc883d45299add1cbb8ebbe6c9ed8/src/cryptonote_core/blockchain.cpp#L2230-L2244

Median of last 'sz' blocks, with lower-limit * 2

cbeast

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Let's talk governance, lipstick, and pigs.

Looks like I'll be slumming in the altcoin section now that XT is moved there. So I have a question about Monero. I am interested in looking into a Monero based technology. Is there a block size limit with Monero?

kenji

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Quote from: worldinacoin on August 18, 2015, 08:37:37 PM

Is XMR dead already?

sooner or later it will be dead anyway.
as the old risto said ,there is a very tiny chance that monero will ever be success.
but for now we can good gamble with it Wink

G2M

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Quote from: worldinacoin on August 18, 2015, 08:37:37 PM

Is XMR dead already?

You'd never come here to buy it anyways, because you're scurred off by shadows:

https://bitcointalksearch.org/topic/m.2431252

So, do ya speculate that its dead because bcx posts negatively about it?

worldinacoin

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Is XMR dead already?

G2M

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Quote from: jehst on August 18, 2015, 04:13:36 PM

Is anyone bullish on crypto in general right now? Why or why not?

Well I wasn't just an hour and a half ago for sure.

Literally wasn't expecting this for at least 2-3 months.

Figured I had so much more time just over a week ago.

Ofc its very possible and seemingly likely this has a lot to do with eth.

Thats probably it. OK confidence in my original plan has been restored somewhat.

Edit: I forgot to add the word 'until' somewhere above in my post. I haven't added it in the edit for funsies, but rest assured it has a very specific spot there.

oblox

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Quote from: smooth on August 18, 2015, 08:21:08 PM

Quote from: oblox on August 18, 2015, 08:11:50 PM

Quote from: TPTB_need_war on August 18, 2015, 01:51:56 PM

Quote from: kurious on August 18, 2015, 11:53:45 AM

I can't bear to think about it. Trying to swing trade back up, but it's a hell of a write off.

And in the good ole USSA, you can only offset $3000 per tax year of your loss towards gains. Angry

:middlefinger:

I had a $75,000 trading loss in 2012 (right about the time I had near death ICU hospitalization). Fuck the USG. Creating crypto is a personal vendetta.

Wrong, the $3k limitation is if you don't have any cap gains in a given year to offset those losses with. If you had $75k in carryforward losses and $75k in gains, you offset the whole thing and expire your carryforward. If you had $75k in losses and $60k in gains, you can use $63k (up to the $60k of gains + an additional $3k) of your losses and carryfoward $12k for future cap gains.

What happens if you have $60K in gains one year and $75K in losses the next?

Unless you had carryforward losses, you pay your taxes on the 60k of gains... you can't retroactively use your future losses on previous gains even with an amended return because the losses were not in the same tax year.

smooth

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Quote from: oblox on August 18, 2015, 08:11:50 PM

Quote from: TPTB_need_war on August 18, 2015, 01:51:56 PM

Quote from: kurious on August 18, 2015, 11:53:45 AM

I can't bear to think about it. Trying to swing trade back up, but it's a hell of a write off.

And in the good ole USSA, you can only offset $3000 per tax year of your loss towards gains. Angry

:middlefinger:

I had a $75,000 trading loss in 2012 (right about the time I had near death ICU hospitalization). Fuck the USG. Creating crypto is a personal vendetta.

Wrong, the $3k limitation is if you don't have any cap gains in a given year to offset those losses with. If you had $75k in carryforward losses and $75k in gains, you offset the whole thing and expire your carryforward. If you had $75k in losses and $60k in gains, you can use $63k (up to the $60k of gains + an additional $3k) of your losses and carryfoward $12k for future cap gains.

What happens if you have $60K in gains one year and $75K in losses the next?

oblox

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Quote from: TPTB_need_war on August 18, 2015, 01:51:56 PM

Quote from: kurious on August 18, 2015, 11:53:45 AM

I can't bear to think about it. Trying to swing trade back up, but it's a hell of a write off.

And in the good ole USSA, you can only offset $3000 per tax year of your loss towards gains. Angry

:middlefinger:

I had a $75,000 trading loss in 2012 (right about the time I had near death ICU hospitalization). Fuck the USG. Creating crypto is a personal vendetta.

Wrong, the $3k limitation is if you don't have any cap gains in a given year to offset those losses with. If you had $75k in carryforward losses and $75k in gains, you offset the whole thing and expire your carryforward. If you had $75k in losses and $60k in gains, you can use $63k (up to the $60k of gains + an additional $3k) of your losses and carryfoward $12k for future cap gains.

onemorexmr

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Quote from: jehst on August 18, 2015, 04:13:36 PM

Is anyone bullish on crypto in general right now? Why or why not?

imho there are many things right now which are bearish (most of those points where told me by friends which are not that deep into crypto as me; i dont necessarily share their few: but i think how they perceive crypto is more important than my view):

- most altcoins are a big scam and some crazy kind of "inflation"
- current bitcoin xt debate
- bitcoin price development
- shops drop bitcoin support (eg no more pizza delivery for me ;( )

i am still bullish: but only longterm.

imho what is needed:
- some good press / success stories
- new people(!)
- it sounds ugly but some country support would be great (like ny-bitlicense; even if it is no good it is perceived as "acceptance")

btw nice to see you again Wink

hope you stay here and dont leave until next summer...

nioc

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