[XMR] Monero Speculation - page 187.

ArticMine

legendary

Activity: 2282

Merit: 1050

Monero Core Team

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.

Febo

legendary

Activity: 2730

Merit: 1288

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.

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

^ *cough* ... *cough*

I think it's better not to say anything. Lol. But yeah, I agree. I'm not the one to judge one or the other a 'sh*t coin'. I leave that one to the people who know what they're talking about. But still, I don't listen to them cos the 'scammiest of scams' seem to get all the action.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: KeyJockey on December 27, 2018, 10:03:58 PM

Quote from: KryptoKai on December 27, 2018, 07:30:36 PM

Why are people talking about digibyte here it's just a shitcoin compared to monero. Between the two i'd pick monero any day as it has proven to be the top privacy coin in the market right now, even ranked higher than dash which is a grand achievement

That’s my fault... sorry, my bad.

I’d just mentioned it in passing cuz I’d thought it was actually maybe one of the decent older bitcoin clones having been launched early on and before everything went so stoopid, with all the ICO’s and shit last year... but as noted I guess I never really “did the math” on it, either. So... I dunno. Sorry. LOL

DigiByte IS “fast” though, and their iPhone wallet app is pretty slick. So, yeah, no: shitcoin? Sure. But it might still do something. WhoDaFuk knows? Fuckin DASH is clearly a shitcoin too... LOL.

Anyway as I said IMHO nothin fer sure about anything anymore till CryptoWinter passes, & prolly back to basics now is the only safe move. And “basics” is just Bitcoin and MONERO.

Nothing wrong with making cake offf of shitcoins to support your real habit XMR.

KeyJockey

hero member

Activity: 608

Merit: 509

Quote from: KryptoKai on December 27, 2018, 07:30:36 PM

Why are people talking about digibyte here it's just a shitcoin compared to monero. Between the two i'd pick monero any day as it has proven to be the top privacy coin in the market right now, even ranked higher than dash which is a grand achievement

That's my fault... sorry, my bad.

I'd just mentioned it in passing cuz I'd thought it was actually maybe one of the decent older bitcoin clones having been launched early on and before everything went so stoopid, with all the ICO's and shit last year... but as noted I guess I never really "did the math" on it, either. So... I dunno. Sorry. LOL

DigiByte IS "fast" though, and their iPhone wallet app is pretty slick. So, yeah, no: shitcoin? Sure. But it might still do something. WhoDaFuk knows? Fuckin' DASH is clearly a shitcoin too... LOL

Anyway as I said IMHO nothin' fer sure about anything anymore till CryptoWinter passes, & prolly back to basics now is the only safe move.

And "basics" is just Bitcoin and MONERO.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: ?? on ??

Put a fair amount of money into xmr at BTC 0.0122 today, hopefully I can flip it for 5-10 percent btc gain within two weeks.

I hope it tanks so you lose. Cheesy

And I can get m0ar cheap.

KryptoKai

full member

Activity: 630

Merit: 100

Why are people talking about digibyte here it's just a shitcoin compared to monero. Between the two i'd pick monero any day as it has proven to be the top privacy coin in the market right now, even ranked higher than dash which is a grand achievement

H.W.P

full member

Activity: 602

Merit: 100

Decentralized Digital Billboards

Quote from: ?? on ??

Put a fair amount of money into xmr at BTC 0.0122 today, hopefully I can flip it for 5-10 percent btc gain within two weeks.

Of course, you can, now he will grow up on Bitcoin of course! And there is a lot of bitcoin on the market that will grow, but the whole problem with the dollar, I would like to see a profit in dollars!

elrippos friend

full member

Activity: 1179

Merit: 210

only hodl what you understand and love!

Quote from: kurious on December 27, 2018, 06:04:28 AM

Not at all bad Medium article on Monero:

https://medium.com/all-things-venture-capital/privacy-protocol-analysis-monero-c116d7c2106f

Nice article Grin

kurious

legendary

Activity: 2604

Merit: 1748

Not at all bad Medium article on Monero:

https://medium.com/all-things-venture-capital/privacy-protocol-analysis-monero-c116d7c2106f

phishead

hero member

Activity: 1873

Merit: 840

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

Quote from: ?? on ??

Over the last year monero went from BTC.032 down to BTC.012

Shoulda stayed in BTC

Hind sight is 20/20 you long shlong mother fucker. Modest much?? Cheesy

But seriously... you think Monero doesn't deserve to be worth more than 3% BTC's price with how much functionality it serves people in real world situations like maintaining fungibility?

elrippos friend

full member

Activity: 1179

Merit: 210

only hodl what you understand and love!

Quote from: ?? on ??

Over the last year monero went from BTC.032 down to BTC.012

Shoulda stayed in BTC

We'll recover in march Grin

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

Quote from: Hueristic on December 24, 2018, 01:14:48 PM

didn't they have this white japanese female looking robot logo at one time? Well anyway its a shitcoin.

Yup. It was called the Digiman. Lol. I think they even had a life size mascot version of it and their devs had it brought it around with them at conferences. Grin

Globb0

legendary

Activity: 2702

Merit: 2053

Free spirit

Quote from: Hueristic on December 24, 2018, 01:14:48 PM

Quote from: jwinterm on December 24, 2018, 12:01:45 PM

Quote from: Hueristic on December 24, 2018, 11:12:27 AM

...
To be fair they didn't steal anything and actually have added digisheild which IIRC is a good piece of code for quick diff adjustments or some such thing and they forked the myriad coin algo in to get away from script IIRC when asics hit??? Not sure never followed it just have known about it since it started and never saw a need.

BTW congrats.

I just meant they started as a straight clone of myriad with a premine. They did later add the diff retarget algorithm, which is afaik their only unique feature added.

Btw I lost even after epic big dick Nick performance, but still get runner up prize at least.

Oh w0w, I didn't think you could lose. well in the money 2 years straight with auto pick is not too bad.

PPR sucks. Wink

I must have gotten DGB mixed up with something else, didn't they have this white japanese female looking robot logo at one time? Well anyway its a shitcoin.

Bahh, I hate my memory loss and was pretty certain it started as scrypt as I was thinking of mining it at launch so I did a little search and.

Quote

MultiAlgo

Activated in September 2014 from Myriadcoin source code, this hard fork allowed for multi-algorithm mining. Its purpose was to create a number of different proof of work (PoW) mining methods to accommodate the different types of mining capabilities that exist, such as dedicated ASIC mining, GPU and CPU mining. This allows for a larger number of people to access DigiByte mining pools and therefore it creates a more decentralised blockchain with the coins reaching groups who were unable to mine the coin on its original single-algorithm (Scrypt) fork.[5]

I was correct that is launched as script. It's tough when you can't trust your memory anymore. Sad

KeyJockey

hero member

Activity: 608

Merit: 509

Hm. Well. OK. I dunno, I never did the math I guess LOL

Monero and Bitcoin really back to basics is all that probably matters. "Which" Bitcoin will be the "real" one, though... FukkIfIno

Nothing for certain any more in ANY of this until we get outta the winter woods, anyway.

U guys think "that" was the "bottom" a week or so ago? We've kinda "bounced" off that to almost a "doubling" now (the model portfolio that I have in an app to track hit low point total value about $18K and we've been flirting with it all in the $32-$34K range last couple days).

So IF someone bought in for the first time EVER at exactly that right moment about a week ago, they're today looking at almost their first DOUBLING.

So, UP again resuming from here?

OR we will restart the bleeding after January 1st?

(I'm leaning to that and guessing the REAL "bottom" won't be until late spring or early summer, about another "cut-in-half" from where everything is today.)

But... fuck it's just a guess gut feel and my GUT was clearly WRONG about Digibyte so again FUKKIFINO

Merry Christmas to all, anyway.... hope new year finds everyone happy healthy hodl'ing strong... Wink

Febo

legendary

Activity: 2730

Merit: 1288

Quote from: rinus on December 23, 2018, 02:53:26 PM

Quote from: tokeweed on December 23, 2018, 02:29:36 PM

Just downloaded Grin's white paper. I can't believe I'm back to doing this... Reading a white paper which I don't even get half of. Lololol. 'Welcome back to 2013' I guess.

Anyway, back to XMR.

GRIN is no good? I’m also interested in this project, but don’t really know what to think of. Is it a competitor for Monero?

Monero will most likely use part of GRIN technology as a sidechain. GRIN should never reach level of anonymity as Monero have.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: jwinterm on December 24, 2018, 12:01:45 PM

Quote from: Hueristic on December 24, 2018, 11:12:27 AM

...
To be fair they didn't steal anything and actually have added digisheild which IIRC is a good piece of code for quick diff adjustments or some such thing and they forked the myriad coin algo in to get away from script IIRC when asics hit??? Not sure never followed it just have known about it since it started and never saw a need.

BTW congrats.

I just meant they started as a straight clone of myriad with a premine. They did later add the diff retarget algorithm, which is afaik their only unique feature added.

Btw I lost even after epic big dick Nick performance, but still get runner up prize at least.

Oh w0w, I didn't think you could lose. well in the money 2 years straight with auto pick is not too bad.

PPR sucks. Wink

I must have gotten DGB mixed up with something else, didn't they have this white japanese female looking robot logo at one time? Well anyway its a shitcoin.

Bahh, I hate my memory loss and was pretty certain it started as scrypt as I was thinking of mining it at launch so I did a little search and.

Quote

MultiAlgo

Activated in September 2014 from Myriadcoin source code, this hard fork allowed for multi-algorithm mining. Its purpose was to create a number of different proof of work (PoW) mining methods to accommodate the different types of mining capabilities that exist, such as dedicated ASIC mining, GPU and CPU mining. This allows for a larger number of people to access DigiByte mining pools and therefore it creates a more decentralised blockchain with the coins reaching groups who were unable to mine the coin on its original single-algorithm (Scrypt) fork.[5]

I was correct that is launched as script. It's tough when you can't trust your memory anymore. Sad

jwinterm

legendary

Activity: 3136

Merit: 1116

Quote from: Hueristic on December 24, 2018, 11:12:27 AM

...
To be fair they didn't steal anything and actually have added digisheild which IIRC is a good piece of code for quick diff adjustments or some such thing and they forked the myriad coin algo in to get away from script IIRC when asics hit??? Not sure never followed it just have known about it since it started and never saw a need.

BTW congrats.

I just meant they started as a straight clone of myriad with a premine. They did later add the diff retarget algorithm, which is afaik their only unique feature added.

Btw I lost even after epic big dick Nick performance, but still get runner up prize at least.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: KeyJockey on December 24, 2018, 09:15:45 AM

DigiByte premine? First I’ve ever heard of that. Proof?

I also like it just ‘cuz it’s so OLD... its blockchain genesis ‘way back early before all the shit got crazy with ICOs and etc - so many nonsense garbage projects in this whole crypto space.

Their iOS wallet on iPhone is pretty slick too, just basic function as it’s intended to just be a currency. Just money. Simple. But the wallet design is very clean and has always worked great.

Now if only people could actually, y’know, SPEND their DGB in more places then maybe it’d get up off the floor around a penny or less and actually trade in “dollars” like so many other much WORSE projects have easily already achieved...?

That’s why I like it probably really. Feels like maybe the last chance to get a real “currency” coin with potential to recreate bitcoins earliest days... “Roger Ver type” lottery win, where you can get many thousands of coins for very little and wake up one day a few years later sitting on a mountain of buying power.

And if/when that happens the bulk of it will have to be flipped into Monero to protect it (from all manner of thieves, tax men, scams and cons etc etc) Grin

I remember DGB launch, it was nothing special, just another clone. I give them credit for sticking with it and adding improvements but where did it become an opaque chain?

And when did it's supply go from 21 Million to 21 BILLION! Which makes the premine 10,500,000 which at .016 is equal to 168,000 BTC which is worth $831,600,000 on a coin with a market cap of 138,985,730 USD.

Do you see where this may be a problem?
https://coinmarketcap.com/currencies/digibyte/historical-data/

Code:

Market Cap
138,985,730 USD
32,830 BTC
Volume (24h)
1,248,977 USD
295.02 BTC
Circulating Supply
11,220,468,953 DGB
Max Supply
21,000,000,000 DGB

I can't see in any way shape or form this coin is

Quote from: jwinterm on December 24, 2018, 05:11:57 AM

Quote from: KeyJockey on December 24, 2018, 02:09:18 AM

Quote from: tokeweed on December 22, 2018, 08:12:46 AM

Can the regs from this thread suggest which other alt besides XMR is (are) worth looking into? And by that I mean a coin with good code/tech/devs that I can buy and forget in cold storage.

Thanks.

Y'know LOL I don't really know WHY but I srsly like DigiByte...

There's kinda too much of it, i.e. 10X supply vs BTC/BCH I guess but it's freakin' FAST and this idea of 5 different algos seems cool.

Just it's really underpriced by "gut feel" I suppose. I dunno. It's in my top 3 or top 5, I suppose.

The other 4 of top 5 are XMR / BCH / BTC / and... ummm... shit... I dunno... I forget... Doge maybe? LOL

DGB stole the five algo thing from myriadcoin and added a premine . It's not a workable scheme in the long run imo. Yes, it's better to have five algos that your not the king of than one, but it's still probably less good than simply being king of one algo. Myriad is probably more secure than DGB at this point since they've added auxpow to Sha and scrypt, but still less secure than bitcoin or litecoin.

To be fair they didn't steal anything and actually have added digisheild which IIRC is a good piece of code for quick diff adjustments or some such thing and they forked the myriad coin algo in to get away from script IIRC when asics hit??? Not sure never followed it just have known about it since it started and never saw a need.

BTW congrats.

KeyJockey

hero member

Activity: 608

Merit: 509

DigiByte premine? First I’ve ever heard of that. Proof?

I also like it just ‘cuz it’s so OLD... its blockchain genesis ‘way back early before all the shit got crazy with ICOs and etc - so many nonsense garbage projects in this whole crypto space.

Their iOS wallet on iPhone is pretty slick too, just basic function as it’s intended to just be a currency. Just money. Simple. But the wallet design is very clean and has always worked great.

Now if only people could actually, y’know, SPEND their DGB in more places then maybe it’d get up off the floor around a penny or less and actually trade in “dollars” like so many other much WORSE projects have easily already achieved...?

That’s why I like it probably really. Feels like maybe the last chance to get a real “currency” coin with potential to recreate bitcoins earliest days... “Roger Ver type” lottery win, where you can get many thousands of coins for very little and wake up one day a few years later sitting on a mountain of buying power.

And if/when that happens the bulk of it will have to be flipped into Monero to protect it (from all manner of thieves, tax men, scams and cons etc etc) Grin

Topic: [XMR] Monero Speculation - page 187. (Read 3313076 times)