[XMR] Monero Speculation - page 2054.

stopsigningbitch

newbie

Activity: 28

Merit: 0

Quote from: ArticMine on February 27, 2015, 12:28:50 AM

Quote from: Hueristic on February 27, 2015, 12:16:43 AM

Isn't a instamine == premine when it's done before anyone else has time to ramp up?

If the implication is that releasing the mining software on GNU/Linux ahead of Microsoft Windows converts an instamine into a premine the answer is most emphatically NO.

It would be YES if there were 500 coins per block during the first few hours while the mining software was restricted to the very small pool of Linux users.

oh wait...Did I just describe something?

oblox

legendary

Activity: 1442

Merit: 1018

Quote from: stopsigningbitch on February 27, 2015, 12:29:57 AM

Quote from: oblox on February 27, 2015, 12:13:43 AM

Quote from: smooth on February 27, 2015, 12:01:05 AM

Quote from: oblox on February 26, 2015, 11:56:28 PM

Instamine, yes, but many coins in their beginnings have them.

Name names please. I'm curious about this peer group.

Excluding the couple week POW->POS coins, and no-name coins, off the top of my head from ones that were top coins or have been around for a while:

Darkcoin
Feathercoin
Megacoin
Novacoin
Peercoin
~~Primecoin~~
~~Vertcoin~~
~~Bytecoin~~
Dogecoin (although with the amount of coins, it hardly matters)
~~Litecoin~~

Countless others that have came and went all depending on what flavor of the week coin was hot at the time making the others launched with low diff.

I fixed that for you.

Orly? http://www.devtome.com/doku.php?id=a_massive_investigation_of_instamines_and_fastmines_for_the_top_alt_coins

stopsigningbitch

newbie

Activity: 28

Merit: 0

Quote from: oblox on February 27, 2015, 12:13:43 AM

Quote from: smooth on February 27, 2015, 12:01:05 AM

Quote from: oblox on February 26, 2015, 11:56:28 PM

Instamine, yes, but many coins in their beginnings have them.

Name names please. I'm curious about this peer group.

Excluding the couple week POW->POS coins, and no-name coins, off the top of my head from ones that were top coins or have been around for a while:

Darkcoin
Feathercoin
Megacoin
Novacoin
Peercoin
~~Primecoin~~
~~Vertcoin~~
~~Bytecoin~~
Dogecoin (although with the amount of coins, it hardly matters)
~~Litecoin~~

Countless others that have came and went all depending on what flavor of the week coin was hot at the time making the others launched with low diff.

I fixed that for you.

ArticMine

legendary

Activity: 2282

Merit: 1050

Monero Core Team

Quote from: Hueristic on February 27, 2015, 12:16:43 AM

Isn't a instamine == premine when it's done before anyone else has time to ramp up?

If the implication is that releasing the mining software on GNU/Linux ahead of Microsoft Windows converts an instamine into a premine the answer is most emphatically NO.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Isn't a instamine == premine when it's done before anyone else has time to ramp up?

oblox

legendary

Activity: 1442

Merit: 1018

Quote from: smooth on February 27, 2015, 12:01:05 AM

Quote from: oblox on February 26, 2015, 11:56:28 PM

Instamine, yes, but many coins in their beginnings have them.

Name names please. I'm curious about this peer group.

Excluding the couple week POW->POS coins, and no-name coins, off the top of my head from ones that were top coins or have been around for a while:

Darkcoin
Feathercoin
Megacoin
Novacoin
Peercoin
Primecoin
Vertcoin
Bytecoin
Dogecoin (although with the amount of coins, it hardly matters)
Litecoin

Countless others that have came and went all depending on what flavor of the week coin was hot at the time making the others launched with low diff.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: oblox on February 26, 2015, 11:56:28 PM

Instamine, yes, but many coins in their beginnings have them.

Name names please. I'm curious about this peer group.

oblox

legendary

Activity: 1442

Merit: 1018

Quote from: opennux on February 26, 2015, 11:48:15 PM

Quote from: oblox on February 26, 2015, 11:43:35 PM

Quote from: Hueristic on February 26, 2015, 06:06:05 PM

Quote from: ArticMine on February 26, 2015, 06:01:23 PM

Quote from: oblox on February 26, 2015, 05:32:11 PM

Quote from: ArticMine on February 26, 2015, 03:49:33 PM

This is in stark contrast to Darkcoin which has gone for short term gains. In the short term DRK has out performed XMR by a very significant margin. This has come at a price. DRK is in many ways build upon a house of cards that can come tumbling down at any moment. This brings me to my second threat to the XMR bears:
2) A possible collapse of Darkcoin. Given that the market capitalization of Darkcoin is close to 7x that of Monero a sudden collapse of Darkcoin would lead to a flood of refugees looking for an alternative and Monero is a clear option. This also could easily set off a buying panic in XMR.

Here we go... again. Roll Eyes

I hold both XMR and DRK but the clear bias you have because you only have XMR is ridiculous. They attack privacy from two different angles.

I am simply saying that someone who is short XMR should place very close attention to DRK from a risk management perspective, and yes I hold a long position in XMR and no position in DRK. By the way the same is true for someone who is long XMR which is why I am spending and have spent a fair amount to time learning about DRK and how it works. In spite of this I have not seen anything in my research that would justify me buying DRK. This is because I look at crypto-currency as a medium to long term hold. Hedging by holding both is a possible strategy in some situations but even that can have a significant impact on the price of XMR because of the relative capitalizations of both coins.

I see DRK as a possible short term play but over the medium to long term I simply do not like the fundamentals. XMR on the other hand is very much a medium to long term play.

I bought into drk when it first came out and got cut off at the knees with the P&D's and then found out about the 30mil premine and then looked for a long term coin and this is the one my research led me to as the most viable. I guess I'll find out in a year or so.

lol, 30m premine. Bravo.

Those numbers are clearly wrong. But don't ignore that there was a major pre-mine, which is being hushed and swept under the carpet. Your bias of investing in the coin makes you not face the issues presented.

lol, there wasn't a premine. Instamine, yes, but many coins in their beginnings have them. The results were compounded when the max coinage and block reward was adjusted. Further, it's not hushed, nor swept under the carpet. It is very much widely aired out and even part of the actual wiki of the history of the coin.

Hard having a bias when I hold both Monero and Darkcoin. Try.... harder?

opennux

full member

Activity: 231

Merit: 100

Quote from: oblox on February 26, 2015, 11:43:35 PM

Quote from: Hueristic on February 26, 2015, 06:06:05 PM

Quote from: ArticMine on February 26, 2015, 06:01:23 PM

Quote from: oblox on February 26, 2015, 05:32:11 PM

Quote from: ArticMine on February 26, 2015, 03:49:33 PM

This is in stark contrast to Darkcoin which has gone for short term gains. In the short term DRK has out performed XMR by a very significant margin. This has come at a price. DRK is in many ways build upon a house of cards that can come tumbling down at any moment. This brings me to my second threat to the XMR bears:
2) A possible collapse of Darkcoin. Given that the market capitalization of Darkcoin is close to 7x that of Monero a sudden collapse of Darkcoin would lead to a flood of refugees looking for an alternative and Monero is a clear option. This also could easily set off a buying panic in XMR.

Here we go... again. Roll Eyes

I hold both XMR and DRK but the clear bias you have because you only have XMR is ridiculous. They attack privacy from two different angles.

I am simply saying that someone who is short XMR should place very close attention to DRK from a risk management perspective, and yes I hold a long position in XMR and no position in DRK. By the way the same is true for someone who is long XMR which is why I am spending and have spent a fair amount to time learning about DRK and how it works. In spite of this I have not seen anything in my research that would justify me buying DRK. This is because I look at crypto-currency as a medium to long term hold. Hedging by holding both is a possible strategy in some situations but even that can have a significant impact on the price of XMR because of the relative capitalizations of both coins.

I see DRK as a possible short term play but over the medium to long term I simply do not like the fundamentals. XMR on the other hand is very much a medium to long term play.

I bought into drk when it first came out and got cut off at the knees with the P&D's and then found out about the 30mil premine and then looked for a long term coin and this is the one my research led me to as the most viable. I guess I'll find out in a year or so.

lol, 30m premine. Bravo.

Those numbers are clearly wrong. But don't ignore that there was a major pre-mine, which is being hushed and swept under the carpet. Your bias of investing in the coin makes you not face the issues presented.

oblox

legendary

Activity: 1442

Merit: 1018

Quote from: Hueristic on February 26, 2015, 06:06:05 PM

Quote from: ArticMine on February 26, 2015, 06:01:23 PM

Quote from: oblox on February 26, 2015, 05:32:11 PM

Quote from: ArticMine on February 26, 2015, 03:49:33 PM

This is in stark contrast to Darkcoin which has gone for short term gains. In the short term DRK has out performed XMR by a very significant margin. This has come at a price. DRK is in many ways build upon a house of cards that can come tumbling down at any moment. This brings me to my second threat to the XMR bears:
2) A possible collapse of Darkcoin. Given that the market capitalization of Darkcoin is close to 7x that of Monero a sudden collapse of Darkcoin would lead to a flood of refugees looking for an alternative and Monero is a clear option. This also could easily set off a buying panic in XMR.

Here we go... again. Roll Eyes

I hold both XMR and DRK but the clear bias you have because you only have XMR is ridiculous. They attack privacy from two different angles.

I am simply saying that someone who is short XMR should place very close attention to DRK from a risk management perspective, and yes I hold a long position in XMR and no position in DRK. By the way the same is true for someone who is long XMR which is why I am spending and have spent a fair amount to time learning about DRK and how it works. In spite of this I have not seen anything in my research that would justify me buying DRK. This is because I look at crypto-currency as a medium to long term hold. Hedging by holding both is a possible strategy in some situations but even that can have a significant impact on the price of XMR because of the relative capitalizations of both coins.

I see DRK as a possible short term play but over the medium to long term I simply do not like the fundamentals. XMR on the other hand is very much a medium to long term play.

I bought into drk when it first came out and got cut off at the knees with the P&D's and then found out about the 30mil premine and then looked for a long term coin and this is the one my research led me to as the most viable. I guess I'll find out in a year or so.

lol, 30m premine. Bravo.

GingerAle

legendary

Activity: 1260

Merit: 1008

Quote from: Lloydimiller4 on February 26, 2015, 10:10:48 PM

Quote from: UnicornFarts on February 26, 2015, 06:43:47 PM

Bitcoin or 2.0 projects are XMR's biggest danger.

Unless you think XMR is Bitcoin 2.0 Wink

wait for it, wait for it....

(i'll post a link to it to keep this thread relatively free of ... distraction)

https://i.imgur.com/Qej8YEm.gif

Lloydimiller4

full member

Activity: 186

Merit: 100

Monero

Quote from: UnicornFarts on February 26, 2015, 06:43:47 PM

Bitcoin or 2.0 projects are XMR's biggest danger.

Unless you think XMR is Bitcoin 2.0 Wink

ArticMine

legendary

Activity: 2282

Merit: 1050

Monero Core Team

Quote from: UnicornFarts on February 26, 2015, 06:43:47 PM

Bitcoin or 2.0 projects are XMR's biggest danger.

It's possible that the long term paradime of PoW is broken. In theory the value that the PoW is protecting is always going to be going up while the percentage of money spent protecting it (miner rewards) is going to be going down.

Also the release curve is ponzi schemed. And if people realize this with bitcoin and it is rejected - then XMR will take the brunt of the rejection along with bitcoin.

The fact that XMR doesn't share bitcoin's codebase and limited slow transactions is a really good thing.

I just don't think dark is the danger to XMR - I think the rejection of bitcoin is a much larger issue.

Quote from: monero on April 24, 2014, 07:38:50 PM

...
[2] Actual number of atomic units is M = 2⁶⁴ - 1. A minimum subsidy may be implemented in the future with <1% annual inflation to preserve mining incentives.
...

The XMR specification allows for a minimum subsidy with less than 1% annual inflation to be implemented to address both the miner rewards issue and release curve issues.

Edit: Careful meticulous research is very important when considering a coin. I say read every little footnote.

UnicornFarts

full member

Activity: 154

Merit: 100

Bitcoin or 2.0 projects are XMR's biggest danger.

It's possible that the long term paradime of PoW is broken. In theory the value that the PoW is protecting is always going to be going up while the percentage of money spent protecting it (miner rewards) is going to be going down.

Also the release curve is ponzi schemed. And if people realize this with bitcoin and it is rejected - then XMR will take the brunt of the rejection along with bitcoin.

The fact that XMR doesn't share bitcoin's codebase and limited slow transactions is a really good thing.

I just don't think dark is the danger to XMR - I think the rejection of bitcoin is a much larger issue.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: ArticMine on February 26, 2015, 06:01:23 PM

Quote from: oblox on February 26, 2015, 05:32:11 PM

Quote from: ArticMine on February 26, 2015, 03:49:33 PM

This is in stark contrast to Darkcoin which has gone for short term gains. In the short term DRK has out performed XMR by a very significant margin. This has come at a price. DRK is in many ways build upon a house of cards that can come tumbling down at any moment. This brings me to my second threat to the XMR bears:
2) A possible collapse of Darkcoin. Given that the market capitalization of Darkcoin is close to 7x that of Monero a sudden collapse of Darkcoin would lead to a flood of refugees looking for an alternative and Monero is a clear option. This also could easily set off a buying panic in XMR.

Here we go... again. Roll Eyes

I hold both XMR and DRK but the clear bias you have because you only have XMR is ridiculous. They attack privacy from two different angles.

I am simply saying that someone who is short XMR should place very close attention to DRK from a risk management perspective, and yes I hold a long position in XMR and no position in DRK. By the way the same is true for someone who is long XMR which is why I am spending and have spent a fair amount to time learning about DRK and how it works. In spite of this I have not seen anything in my research that would justify me buying DRK. This is because I look at crypto-currency as a medium to long term hold. Hedging by holding both is a possible strategy in some situations but even that can have a significant impact on the price of XMR because of the relative capitalizations of both coins.

I see DRK as a possible short term play but over the medium to long term I simply do not like the fundamentals. XMR on the other hand is very much a medium to long term play.

I bought into drk when it first came out and got cut off at the knees with the P&D's and then found out about the 30mil premine and then looked for a long term coin and this is the one my research led me to as the most viable. I guess I'll find out in a year or so.

ArticMine

legendary

Activity: 2282

Merit: 1050

Monero Core Team

Quote from: oblox on February 26, 2015, 05:32:11 PM

Quote from: ArticMine on February 26, 2015, 03:49:33 PM

This is in stark contrast to Darkcoin which has gone for short term gains. In the short term DRK has out performed XMR by a very significant margin. This has come at a price. DRK is in many ways build upon a house of cards that can come tumbling down at any moment. This brings me to my second threat to the XMR bears:
2) A possible collapse of Darkcoin. Given that the market capitalization of Darkcoin is close to 7x that of Monero a sudden collapse of Darkcoin would lead to a flood of refugees looking for an alternative and Monero is a clear option. This also could easily set off a buying panic in XMR.

Here we go... again. Roll Eyes

I hold both XMR and DRK but the clear bias you have because you only have XMR is ridiculous. They attack privacy from two different angles.

I am simply saying that someone who is short XMR should place very close attention to DRK from a risk management perspective, and yes I hold a long position in XMR and no position in DRK. By the way the same is true for someone who is long XMR which is why I am spending and have spent a fair amount to time learning about DRK and how it works. In spite of this I have not seen anything in my research that would justify me buying DRK. This is because I look at crypto-currency as a medium to long term hold. Hedging by holding both is a possible strategy in some situations but even that can have a significant impact on the price of XMR because of the relative capitalizations of both coins.

I see DRK as a possible short term play but over the medium to long term I simply do not like the fundamentals. XMR on the other hand is very much a medium to long term play.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: oblox on February 26, 2015, 05:32:11 PM

Quote from: ArticMine on February 26, 2015, 03:49:33 PM

This is in stark contrast to Darkcoin which has gone for short term gains. In the short term DRK has out performed XMR by a very significant margin. This has come at a price. DRK is in many ways build upon a house of cards that can come tumbling down at any moment. This brings me to my second threat to the XMR bears:
2) A possible collapse of Darkcoin. Given that the market capitalization of Darkcoin is close to 7x that of Monero a sudden collapse of Darkcoin would lead to a flood of refugees looking for an alternative and Monero is a clear option. This also could easily set off a buying panic in XMR.

Here we go... again. Roll Eyes

I hold both XMR and DRK but the clear bias you have because you only have XMR is ridiculous. They attack privacy from two different angles.

And this is where the market will speak. no matter how much people want to argue about it the market will have the last word.

oblox

legendary

Activity: 1442

Merit: 1018

Quote from: ArticMine on February 26, 2015, 03:49:33 PM

This is in stark contrast to Darkcoin which has gone for short term gains. In the short term DRK has out performed XMR by a very significant margin. This has come at a price. DRK is in many ways build upon a house of cards that can come tumbling down at any moment. This brings me to my second threat to the XMR bears:
2) A possible collapse of Darkcoin. Given that the market capitalization of Darkcoin is close to 7x that of Monero a sudden collapse of Darkcoin would lead to a flood of refugees looking for an alternative and Monero is a clear option. This also could easily set off a buying panic in XMR.

Here we go... again. Roll Eyes

I hold both XMR and DRK but the clear bias you have because you only have XMR is ridiculous. They attack privacy from two different angles.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: pandher on February 26, 2015, 03:56:25 PM

Quote from: Exther2 on February 26, 2015, 03:37:53 PM

About mental illness insult I will report you. It's not nice to insult me like that which you clearly did.

He said trolls are mentaly ill, so you do agree that you are a troll?

Logic ftw. Bravo pandher.

coinits

legendary

Activity: 1582

Merit: 1019

011110000110110101110010

Quote from: smooth on February 26, 2015, 04:06:25 PM

coinits, let's have some substance along with those insults please. Forum rules.

10-4

Just that I get so damned tired of people trolling this coin. They spend all of their time knocking something good either because they get off on fud or they feel that a competing coin is in jeopardy. I was just giving them the attention span that they deserve.

Topic: [XMR] Monero Speculation - page 2054. (Read 3313076 times)