[XMR] Monero Speculation - page 186.

Butterscotch Cartman

jr. member

Activity: 108

Merit: 6

Quote from: djjacket on January 02, 2019, 04:55:44 PM

Quote from: Butterscotch Cartman on January 01, 2019, 03:34:38 PM

Quote from: sockpuppet1911 on January 01, 2019, 01:29:47 PM

This is pretty cool. Monero in the Fortnite merch store. More and more people are getting exposed.

https://twitter.com/fluffypony/status/1080121873877352450

This is pretty cool, bagholders are crying, More and more people are realizing this is all a scam.

Fortinite merchandise store is a scam? I had no idea! Thanks for your insight.

Crypto is the scam you idiot. Stop convincing people to buy into this ponzi scheme.

djjacket

hero member

Activity: 784

Merit: 501

Quote from: Butterscotch Cartman on January 01, 2019, 03:34:38 PM

Quote from: sockpuppet1911 on January 01, 2019, 01:29:47 PM

This is pretty cool. Monero in the Fortnite merch store. More and more people are getting exposed.

https://twitter.com/fluffypony/status/1080121873877352450

This is pretty cool, bagholders are crying, More and more people are realizing this is all a scam.

Fortinite merchandise store is a scam? I had no idea! Thanks for your insight.

Febo

legendary

Activity: 2730

Merit: 1288

Quote from: prasad87 on January 01, 2019, 01:12:55 PM

With Grin and Beam coming soon they'll have to push harder.

Grin and not really sure how much Beam since is is founded by a private company, will only help to already existing 400 developers that worked on Monero so far, to push Monero development even further. Without them adding Mimblewimble as a Monero sidechain would be much slower.

Butterscotch Cartman

jr. member

Activity: 108

Merit: 6

Quote from: sockpuppet1911 on January 01, 2019, 01:29:47 PM

This is pretty cool. Monero in the Fortnite merch store. More and more people are getting exposed.

https://twitter.com/fluffypony/status/1080121873877352450

This is pretty cool, bagholders are crying, More and more people are realizing this is all a scam.

TheFuzzStone

legendary

Activity: 1512

Merit: 1442

thefuzzstone.github.io

XMR.RU-report (DECEMBER)

sockpuppet1911

sr. member

Activity: 994

Merit: 278

This is pretty cool. Monero in the Fortnite merch store. More and more people are getting exposed.

https://twitter.com/fluffypony/status/1080121873877352450

prasad87

jr. member

Activity: 242

Merit: 7

Monero devs are mostly focusing on development, not so much on adoption, so fundamentals are less than exciting.
With Grin and Beam coming soon they'll have to push harder.

KeyJockey

hero member

Activity: 608

Merit: 509

Yup: Happy New Year guys... here’s hoping 2019 is better for Crypto than 2018 was (couldn’t be much worse at least, eh? LOL)

IntroVert

full member

Activity: 266

Merit: 119

Happy New Year folks! Hope for many happy moments for all and for our XMR to continue not giving a damn Wink

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: kurious on December 31, 2018, 12:59:46 PM

Happy New Year to all Monero Hodlers!

pa

hero member

Activity: 528

Merit: 501

Quote from: kurious on December 31, 2018, 12:59:46 PM

Happy New Year to all Monero Hodlers!

Happy New Year! And may 2019 be easier on the cold wallets than 2018. I'm tired of sleeping on the couch! Wink

kurious

legendary

Activity: 2604

Merit: 1748

Happy New Year to all Monero Hodlers!

vatusasid

newbie

Activity: 54

Merit: 0

Quote from: GingerAle on December 29, 2018, 05:41:14 PM

Quote from: Febo on December 29, 2018, 04:28:35 PM

Quote from: tokeweed on December 29, 2018, 11:58:54 AM

Quote from: ArticMine on December 28, 2018, 03:57:21 PM

Quote from: Febo on December 28, 2018, 02:54:58 PM

Why Bitcoin Matters for Freedom http://time.com/5486673/bitcoin-venezuela-authoritarian/

It has funny end.

Less than 1% of the world’s population — no more than 40 million people — have ever used Bitcoin. But, according to the Human Rights Foundation, more than 50% of the world’s population lives under an authoritarian regime. If we invest the time and resources to develop user-friendly wallets, more exchanges, and better educational materials for Bitcoin, it has the potential to make a real difference for the 4 billion people who can’t trust their rulers or who can’t access the banking system. For them, Bitcoin can be a way out.

Truth is that all this 4 billions cant use Bitcoin. The other 4 billions can, these can only use Monero.

Not even a minuscule fraction of the 4 billion can use Bitcoin which is why I sold out of Bitcoin into Monero over 3 years ago. By the way Lighting Network will not solve this issue. Just read the LN paper https://lightning.network/lightning-network-paper.pdf page 55 where they talk about 133 MB blocks under very optimistic assumptions just to open and close LN channels.

Wait wait... The people in the other 4 billion that can use BTC, can't? But they can use Monero...? I don't get it. Lol.

His point is that Bitcoin is technical limited to be used by 4 billion people and Monero is not.

because of the blocksize.

I think so. The second lay similar to Lighting could scale the network further.

phishead

hero member

Activity: 1873

Merit: 840

Keep what's important, and know who's your friend

Quote from: GingerAle on December 30, 2018, 10:00:40 AM

Quote from: Jungian on December 30, 2018, 01:41:39 AM

Quote from: GingerAle on December 29, 2018, 05:41:14 PM

Quote from: Febo on December 29, 2018, 04:28:35 PM

Quote from: tokeweed on December 29, 2018, 11:58:54 AM

Quote from: ArticMine on December 28, 2018, 03:57:21 PM

Quote from: Febo on December 28, 2018, 02:54:58 PM

Why Bitcoin Matters for Freedom http://time.com/5486673/bitcoin-venezuela-authoritarian/

It has funny end.

Less than 1% of the world’s population — no more than 40 million people — have ever used Bitcoin. But, according to the Human Rights Foundation, more than 50% of the world’s population lives under an authoritarian regime. If we invest the time and resources to develop user-friendly wallets, more exchanges, and better educational materials for Bitcoin, it has the potential to make a real difference for the 4 billion people who can’t trust their rulers or who can’t access the banking system. For them, Bitcoin can be a way out.

Truth is that all this 4 billions cant use Bitcoin. The other 4 billions can, these can only use Monero.

Not even a minuscule fraction of the 4 billion can use Bitcoin which is why I sold out of Bitcoin into Monero over 3 years ago. By the way Lighting Network will not solve this issue. Just read the LN paper https://lightning.network/lightning-network-paper.pdf page 55 where they talk about 133 MB blocks under very optimistic assumptions just to open and close LN channels.

Wait wait... The people in the other 4 billion that can use BTC, can't? But they can use Monero...? I don't get it. Lol.

His point is that Bitcoin is technical limited to be used by 4 billion people and Monero is not.

because of the blocksize.

Who actually thinks you can have 4 billion people using the base layer of XMR at this point?

i don't think that was said... i think the point was that once monero gets second layer solutions, the first layer can scale to meet whatever demand is placed upon it by the second layer due to the adaptive blocksize.

... And also due to it's inherent fungible state. The fact that 1 XMR = 1 XMR seems to be so overlooked by people all the time, and not a lot of people see the benefit of that. If you are off-chain and are transacting "privately" then why go back on chain and have the chance of getting back tainted coins, and therefore might run into the issue of you not being able to cash out at your favourite exchange site?

GingerAle

legendary

Activity: 1260

Merit: 1008

Quote from: Jungian on December 30, 2018, 01:41:39 AM

Quote from: GingerAle on December 29, 2018, 05:41:14 PM

Quote from: Febo on December 29, 2018, 04:28:35 PM

Quote from: tokeweed on December 29, 2018, 11:58:54 AM

Quote from: ArticMine on December 28, 2018, 03:57:21 PM

Quote from: Febo on December 28, 2018, 02:54:58 PM

Why Bitcoin Matters for Freedom http://time.com/5486673/bitcoin-venezuela-authoritarian/

It has funny end.

Less than 1% of the world’s population — no more than 40 million people — have ever used Bitcoin. But, according to the Human Rights Foundation, more than 50% of the world’s population lives under an authoritarian regime. If we invest the time and resources to develop user-friendly wallets, more exchanges, and better educational materials for Bitcoin, it has the potential to make a real difference for the 4 billion people who can’t trust their rulers or who can’t access the banking system. For them, Bitcoin can be a way out.

Truth is that all this 4 billions cant use Bitcoin. The other 4 billions can, these can only use Monero.

Not even a minuscule fraction of the 4 billion can use Bitcoin which is why I sold out of Bitcoin into Monero over 3 years ago. By the way Lighting Network will not solve this issue. Just read the LN paper https://lightning.network/lightning-network-paper.pdf page 55 where they talk about 133 MB blocks under very optimistic assumptions just to open and close LN channels.

Wait wait... The people in the other 4 billion that can use BTC, can't? But they can use Monero...? I don't get it. Lol.

His point is that Bitcoin is technical limited to be used by 4 billion people and Monero is not.

because of the blocksize.

Who actually thinks you can have 4 billion people using the base layer of XMR at this point?

i don't think that was said... i think the point was that once monero gets second layer solutions, the first layer can scale to meet whatever demand is placed upon it by the second layer due to the adaptive blocksize.

Jungian

legendary

Activity: 930

Merit: 1010

Quote from: GingerAle on December 29, 2018, 05:41:14 PM

Quote from: Febo on December 29, 2018, 04:28:35 PM

Quote from: tokeweed on December 29, 2018, 11:58:54 AM

Quote from: ArticMine on December 28, 2018, 03:57:21 PM

Quote from: Febo on December 28, 2018, 02:54:58 PM

Why Bitcoin Matters for Freedom http://time.com/5486673/bitcoin-venezuela-authoritarian/

It has funny end.

Less than 1% of the world’s population — no more than 40 million people — have ever used Bitcoin. But, according to the Human Rights Foundation, more than 50% of the world’s population lives under an authoritarian regime. If we invest the time and resources to develop user-friendly wallets, more exchanges, and better educational materials for Bitcoin, it has the potential to make a real difference for the 4 billion people who can’t trust their rulers or who can’t access the banking system. For them, Bitcoin can be a way out.

Truth is that all this 4 billions cant use Bitcoin. The other 4 billions can, these can only use Monero.

Not even a minuscule fraction of the 4 billion can use Bitcoin which is why I sold out of Bitcoin into Monero over 3 years ago. By the way Lighting Network will not solve this issue. Just read the LN paper https://lightning.network/lightning-network-paper.pdf page 55 where they talk about 133 MB blocks under very optimistic assumptions just to open and close LN channels.

Wait wait... The people in the other 4 billion that can use BTC, can't? But they can use Monero...? I don't get it. Lol.

His point is that Bitcoin is technical limited to be used by 4 billion people and Monero is not.

because of the blocksize.

Who actually thinks you can have 4 billion people using the base layer of XMR at this point?

GingerAle

legendary

Activity: 1260

Merit: 1008

Quote from: Febo on December 29, 2018, 04:28:35 PM

Quote from: tokeweed on December 29, 2018, 11:58:54 AM

Quote from: ArticMine on December 28, 2018, 03:57:21 PM

Quote from: Febo on December 28, 2018, 02:54:58 PM

Why Bitcoin Matters for Freedom http://time.com/5486673/bitcoin-venezuela-authoritarian/

It has funny end.

Less than 1% of the world’s population — no more than 40 million people — have ever used Bitcoin. But, according to the Human Rights Foundation, more than 50% of the world’s population lives under an authoritarian regime. If we invest the time and resources to develop user-friendly wallets, more exchanges, and better educational materials for Bitcoin, it has the potential to make a real difference for the 4 billion people who can’t trust their rulers or who can’t access the banking system. For them, Bitcoin can be a way out.

Truth is that all this 4 billions cant use Bitcoin. The other 4 billions can, these can only use Monero.

Not even a minuscule fraction of the 4 billion can use Bitcoin which is why I sold out of Bitcoin into Monero over 3 years ago. By the way Lighting Network will not solve this issue. Just read the LN paper https://lightning.network/lightning-network-paper.pdf page 55 where they talk about 133 MB blocks under very optimistic assumptions just to open and close LN channels.

Wait wait... The people in the other 4 billion that can use BTC, can't? But they can use Monero...? I don't get it. Lol.

His point is that Bitcoin is technical limited to be used by 4 billion people and Monero is not.

because of the blocksize.

Febo

legendary

Activity: 2730

Merit: 1288

Quote from: tokeweed on December 29, 2018, 11:58:54 AM

Quote from: ArticMine on December 28, 2018, 03:57:21 PM

Quote from: Febo on December 28, 2018, 02:54:58 PM

Why Bitcoin Matters for Freedom http://time.com/5486673/bitcoin-venezuela-authoritarian/

It has funny end.

Less than 1% of the world’s population — no more than 40 million people — have ever used Bitcoin. But, according to the Human Rights Foundation, more than 50% of the world’s population lives under an authoritarian regime. If we invest the time and resources to develop user-friendly wallets, more exchanges, and better educational materials for Bitcoin, it has the potential to make a real difference for the 4 billion people who can’t trust their rulers or who can’t access the banking system. For them, Bitcoin can be a way out.

Truth is that all this 4 billions cant use Bitcoin. The other 4 billions can, these can only use Monero.

Not even a minuscule fraction of the 4 billion can use Bitcoin which is why I sold out of Bitcoin into Monero over 3 years ago. By the way Lighting Network will not solve this issue. Just read the LN paper https://lightning.network/lightning-network-paper.pdf page 55 where they talk about 133 MB blocks under very optimistic assumptions just to open and close LN channels.

Wait wait... The people in the other 4 billion that can use BTC, can't? But they can use Monero...? I don't get it. Lol.

His point is that Bitcoin is technical limited to be used by 4 billion people and Monero is not.

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

Quote from: ArticMine on December 28, 2018, 03:57:21 PM

Quote from: Febo on December 28, 2018, 02:54:58 PM

Why Bitcoin Matters for Freedom http://time.com/5486673/bitcoin-venezuela-authoritarian/

It has funny end.

Less than 1% of the world’s population — no more than 40 million people — have ever used Bitcoin. But, according to the Human Rights Foundation, more than 50% of the world’s population lives under an authoritarian regime. If we invest the time and resources to develop user-friendly wallets, more exchanges, and better educational materials for Bitcoin, it has the potential to make a real difference for the 4 billion people who can’t trust their rulers or who can’t access the banking system. For them, Bitcoin can be a way out.

Truth is that all this 4 billions cant use Bitcoin. The other 4 billions can, these can only use Monero.

Not even a minuscule fraction of the 4 billion can use Bitcoin which is why I sold out of Bitcoin into Monero over 3 years ago. By the way Lighting Network will not solve this issue. Just read the LN paper https://lightning.network/lightning-network-paper.pdf page 55 where they talk about 133 MB blocks under very optimistic assumptions just to open and close LN channels.

Wait wait... The people in the other 4 billion that can use BTC, can't? But they can use Monero...? I don't get it. Lol.

XMR2020

jr. member

Activity: 45

Merit: 36

Quote from: ArticMine on December 28, 2018, 03:57:21 PM

Not even a minuscule fraction of the 4 billion can use Bitcoin which is why I sold out of Bitcoin into Monero over 3 years ago. By the way Lighting Network will not solve this issue. Just read the LN paper https://lightning.network/lightning-network-paper.pdf page 55 where they talk about 133 MB blocks under very optimistic assumptions just to open and close LN channels.

133 mb blocks for 7 billion people all running their own nodes opening only 2 CHANNELS PER YEAR with zero on-chain transactions. Those are some wild assumptions! Shocked

My raspberry Pi lightning node has been syncing for 30 days and is only at 85%. We need smaller blocks not larger Roll Eyes

The bitcoin maximalists have some serious cognitive dissonance to resolve. The good news for them is their chain is likely to be superseded before they have to resolve these fundamentally incompatible design goals.

Topic: [XMR] Monero Speculation - page 186. (Read 3313076 times)