Author

Topic: [XMR] Monero Speculation - page 2123. (Read 3314316 times)

legendary
Activity: 1624
Merit: 1008
November 09, 2014, 11:54:44 AM
...We are all in the same boat, and it is burning. How about doing what it takes now, so that we can continue to other things? Smiley

Meanwhile the price is going up. If it continues that way, I suppose at one point we could naturally stop this discussion?

Since August 2014 it isn't exactly going up, that is wishfull thinking. And no, not burning but sinking.

  • This boat is nearly underwater, and just now is the chance to change emission. Not at 0.050BTC, nor on 0.100BTC. Now, or never -
  • now, or never! Once completely submerged below waterline, all passengers might choose to swim over elsewhere, saving their savings.

Would anybody be asking to change the emission if we were at those prices?  We are nowhere near those prices nor will be anytime soon due to emissions, where the big boys not aware of it?, and there is currently be no practical use for it, another surprise?

We were told it was not even beta software but alpha.  That is not ready for prime time.

Nothing was hidden.   

The team will deliver the software.  The practical uses need to be built by others.  Then there are the circumstances beyond our control.

I am and have been underwater because I be idiot.  The money means more to me than most.  I get excited when peanut butter goes on sale!  For me the price is in no way a motivating factor to change things, the overall picture would be.  Given the conversation that picture is obviously cloudy.  The blind men and the elephant. 
sr. member
Activity: 248
Merit: 250
November 09, 2014, 11:43:32 AM
http://www.coindesk.com/day-reckoning-dark-markets-hundreds-illicit-domains/

Expect the transactions to/from seized wallets to be heavily used to prove charges.
This is the time for privacy-oriented solutions to come to light...


I also wonder if they will be able to link wallets to vendors by tracking transactions to exchanges and getting subpoenas.  I.e. subpoena exchanges to get their deposit addresses, get all the vendor deposit addresses they can from their infiltration of SR2 (and possibly the SR2 tumbler), and try and connect the two.

People who are careful and mix multiple times may be ok, but there will always be a few who were sloppy.  Even if they don't capture the biggest and most sophisticated this way, I see a lot of PR value to government taking credit for "cracking" bitcoin's pseudonymity.

In this regard, how secure is Darkcoin?  It seems like the masternode operator can link transactions that they mix - although I'm not totally clear on this.  And there is no reason the gov't can't operate a lot of masternodes.

The response from Darkcoin seems to be that you can mix several times, and as long as one of the masternodes is not compromised, you are ok.  But it seems like the flip side is true as well.  If there are multiple compromised masternodes, then over time, they will capture the full transaction.
legendary
Activity: 1512
Merit: 1012
Still wild and free
November 09, 2014, 10:04:36 AM
Also, the recent seizure of underground markets, primarily Silk Road 2, and the arrest of several vendors using those markets, should increase adoption with anonymity coins i.e Monero.

I'd hope so .. but what overall led to the markets getting their servers seized?

Were there any explicit details on how information was compromised?

Remember this is not only about how they are seized, but also what happens after that:
Expect the transactions to/from seized wallets to be heavily used to prove charges.

Bye bye plausible deniability, hello complete knowledge of your bitcoin activity. Knock knock for some of your buddies.
It's sad that the false sense of opacity and fungibility in bitcoin is learned the hard way for many, but at least it will be learn.
sr. member
Activity: 406
Merit: 250
November 09, 2014, 08:10:36 AM
...We are all in the same boat, and it is burning. How about doing what it takes now, so that we can continue to other things? Smiley

Meanwhile the price is going up. If it continues that way, I suppose at one point we could naturally stop this discussion?

Since August 2014 it isn't exactly going up, that is wishfull thinking. And no, not burning but sinking.

  • This boat is nearly underwater, and just now is the chance to change emission. Not at 0.050BTC, nor on 0.100BTC. Now, or never -
  • now, or never! Once completely submerged below waterline, all passengers might choose to swim over elsewhere, saving their savings.

If we want to change emission, it is now. Otherwise it is never.
legendary
Activity: 2380
Merit: 1085
Money often costs too much.
November 09, 2014, 07:39:33 AM
...We are all in the same boat, and it is burning. How about doing what it takes now, so that we can continue to other things? Smiley

Meanwhile the price is going up. If it continues that way, I suppose at one point we could naturally stop this discussion?

Since August 2014 it isn't exactly going up, that is wishfull thinking. And no, not burning but sinking.

  • This boat is nearly underwater, and just now is the chance to change emission. Not at 0.050BTC, nor on 0.100BTC. Now, or never -
  • now, or never! Once completely submerged below waterline, all passengers might choose to swim over elsewhere, saving their savings.
sr. member
Activity: 336
Merit: 250
November 09, 2014, 05:54:38 AM
Also, the recent seizure of underground markets, primarily Silk Road 2, and the arrest of several vendors using those markets, should increase adoption with anonymity coins i.e Monero.

I'd hope so .. but what overall led to the markets getting their servers seized?

Were there any explicit details on how information was compromised?

some speculation...
[tor-dev] yes hello, internet supervillain here https://lists.torproject.org/pipermail/tor-dev/2014-November/007731.html
sr. member
Activity: 400
Merit: 263
November 09, 2014, 04:12:53 AM

(...)

 (NewLiberty's appearance on a LTBTC show was a very nice bit of exposure for us).

(...)


Do you happen to remember which episode that was?

Thank you.

http://letstalkbitcoin.com/blog/post/the-bitcoin-game-3-joseph-vaughn-perling

Thanks a lot smooth!
legendary
Activity: 2968
Merit: 1198
November 09, 2014, 04:06:34 AM

(...)

 (NewLiberty's appearance on a LTBTC show was a very nice bit of exposure for us).

(...)


Do you happen to remember which episode that was?

Thank you.

http://letstalkbitcoin.com/blog/post/the-bitcoin-game-3-joseph-vaughn-perling
sr. member
Activity: 400
Merit: 263
November 09, 2014, 03:49:03 AM

(...)

 (NewLiberty's appearance on a LTBTC show was a very nice bit of exposure for us).

(...)


Do you happen to remember which episode that was?

Thank you.
hero member
Activity: 714
Merit: 504
November 09, 2014, 02:12:02 AM
This exact scene popped in my head, as I looked at my hard earned hundred dollar bills today, and made the executive decision to put them in the bank, buy some BTC, and reclaim yet another 10% of my original XMR holdings.




Cheesy Cheesy

Jobs sure do turn a short term outlook right around! Also, payday, etc ...

Looks like I'm not the only one either!



This is off topic but damn that beef looks delicious.
member
Activity: 70
Merit: 10
Activity: 350
November 09, 2014, 02:02:17 AM
This exact scene popped in my head, as I looked at my hard earned hundred dollar bills today, and made the executive decision to put them in the bank, buy some BTC, and reclaim yet another 10% of my original XMR holdings.




Cheesy Cheesy

Jobs sure do turn a short term outlook right around! Also, payday, etc ...

Looks like I'm not the only one either!

legendary
Activity: 2968
Merit: 1198
November 09, 2014, 01:25:21 AM
'bagholder' created his own thread. If you prefer that style of communication feel free to head over there.

https://bitcointalksearch.org/topic/xmr-baghodler-reporting-in-the-uncensored-version-852504
legendary
Activity: 2968
Merit: 1198
November 08, 2014, 09:55:17 PM
Yes, that's what I'd been told as well.

I was fishing in other places but nobody really seems to have links.

All I've read is something with ddosing .. no details though.

More questions than answers but some hints, including the CMU connection.

http://www.forbes.com/sites/kashmirhill/2014/11/07/how-did-law-enforcement-break-tor/
member
Activity: 70
Merit: 10
Activity: 350
November 08, 2014, 09:50:20 PM
Yes, that's what I'd been told as well.

I was fishing in other places but nobody really seems to have links.

All I've read is something with ddosing .. no details though.
legendary
Activity: 2968
Merit: 1198
November 08, 2014, 09:42:58 PM
Also, the recent seizure of underground markets, primarily Silk Road 2, and the arrest of several vendors using those markets, should increase adoption with anonymity coins i.e Monero.

DRK is up about 50% in the past few days. It got some coverage in the mass media after the seizures. Whether that leads to attention or use in underground markets or just attention or use by people interested in privacy, or just attention, it is a lot of free exposure.

XMR is up about 10%. We don't get that kind of exposure, though occasionally we do get some (NewLiberty's appearance on a LTBTC show was a very nice bit of exposure for us).

This is why I'm convinced it is important that we not fall to far into obscurity, and size price does matter.

Success brings more success, and coins out of the top 20 or so by market cap have almost no chance to ever get any exposure, unless they are very new and "up and coming" (which we're not).

In the privacy segment we are clearly #2 right now, which is not terrible. Certainly not as good as #1 when even being #1 in the segment means living in the distant shadow of #1 (Bitcoin) which in turn is in the distant shadow of #0 (fiat).

We have to not lose that position. It's about all we have.

BanditryAndLoot: it looks like Tor was compromised. Explicit details will likely not be forthcoming for some time, if ever.
member
Activity: 70
Merit: 10
Activity: 350
November 08, 2014, 09:40:09 PM
Also, the recent seizure of underground markets, primarily Silk Road 2, and the arrest of several vendors using those markets, should increase adoption with anonymity coins i.e Monero.

I'd hope so .. but what overall led to the markets getting their servers seized?

Were there any explicit details on how information was compromised?

full member
Activity: 182
Merit: 100
November 08, 2014, 09:32:20 PM
For the first time in can't remember how long (early in the history of this thread that's for sure), I exercised moderator power and deleted a post by "bagholder" (a newbie sock puppet, which is already a warning sign) that was one part trolling and one part promoting BBR.

I don't care if you are negative on Monero, or like another coin better, but I'm not interested in the trolling style of posting meme pictures and such on this thread. Nor obvious sock puppets.

Say what you want to say in a courteous respectful tone, even if you disagree, or say it elsewhere.


They did start with trolling for 80% of the space the post took up .. then made the 'rational' point, which easily could have been a troll point. Hard to tell when your post is 80% spiteful troll at least.

Even if they did find a reason to stuff themself up a sock .. only 4-5 lines there even made sense at all .. the rest was just kinda lame. Admittedly though, I did chuckle for a second or two at at least one line.

I'd agree that the post was prime for deletion.

If the author came back and restated the last couple of lines .. then that would have been almost worthy of commenting on.


I agree, that post was obvious trolling, coming from a ex troll Cpt himself.

Also, the recent seizure of underground markets, primarily Silk Road 2, and the arrest of several vendors using those markets, should increase adoption with anonymity coins i.e Monero.
member
Activity: 70
Merit: 10
Activity: 350
November 08, 2014, 09:12:54 PM
For the first time in can't remember how long (early in the history of this thread that's for sure), I exercised moderator power and deleted a post by "bagholder" (a newbie sock puppet, which is already a warning sign) that was one part trolling and one part promoting BBR.

I don't care if you are negative on Monero, or like another coin better, but I'm not interested in the trolling style of posting meme pictures and such on this thread. Nor obvious sock puppets.

Say what you want to say in a courteous respectful tone, even if you disagree, or say it elsewhere.


They did start with trolling for 80% of the space the post took up .. then made the 'rational' point, which easily could have been a troll point. Hard to tell when your post is 80% spiteful troll at least.

Even if they did find a reason to stuff themself up a sock .. only 4-5 lines there even made sense at all .. the rest was just kinda lame. Admittedly though, I did chuckle for a second or two at at least one line.

I'd agree that the post was prime for deletion.

If the author came back and restated the last couple of lines .. then that would have been almost worthy of commenting on.
legendary
Activity: 2968
Merit: 1198
November 08, 2014, 09:05:57 PM
For the first time in can't remember how long (early in the history of this thread that's for sure), I exercised moderator power and deleted a post by "bagholder" (a newbie sock puppet, which is already a warning sign) that was one part trolling and one part promoting BBR.

I don't care if you are negative on Monero, or like another coin better, but I'm not interested in the trolling style of posting meme pictures and such on this thread. Nor obvious sock puppets.

Say what you want to say in a courteous respectful tone, even if you disagree, or say it elsewhere.

I will be adding an explicit warning against blatant sock puppetry and trolling to the OP as well.


Quote
Off topic includes any extensive discussion of other coins, promoting other coins, or posting of promotional materials from other coins.
legendary
Activity: 1512
Merit: 1012
Still wild and free
November 08, 2014, 08:43:54 PM
http://www.coindesk.com/day-reckoning-dark-markets-hundreds-illicit-domains/

Expect the transactions to/from seized wallets to be heavily used to prove charges.
This is the time for privacy-oriented solutions to come to light...
Jump to: