[XMR] Monero Speculation - page 2185.

kennyP

hero member

Activity: 544

Merit: 500

Quote from: smooth on August 27, 2014, 07:59:05 PM

Quote

censorship of legitimate monero question

No, deletion of posts that are not directly on-topic to Monero Speculation (i.e. trading and price talk). If you want ask legitimate questions about Monero do it elsewhere.

kennyP seems unwilling to stay on topic and intent on promoting BTCD here, which is clearly off topic. His subsequent posts will be deleted without notice, although my general policy is to be transparent about moderation. Consider this transparent disclosure that future posts from kennyP or interpreted by me to be promoting BTCD will be deleted without specific notice.

ok. I'll accept this decision. I think BTCD privacy network & teleporting is highly relevant to XMR, but maybe I'm ahead of the pack on this one. I'll pop back in a couple of months ... maybe things will look different by xmas time.

TooDumbForBitcoin

legendary

Activity: 1638

Merit: 1001

What is the proper way for a prospective XMR speculator to interpret Smooth's busy schedule?

Is he a an XMR developer with outside interests?

Is he an XMR PR agent policing the forums?

Can he both effectively?

As a prospective XMR speculator, I'm interested in the mission statement of the XMR core development team, as a whole and as individuals.

smooth

legendary

Activity: 2968

Merit: 1198

Quote

censorship of legitimate monero question

No, deletion of posts that are not directly on-topic to Monero Speculation (i.e. trading and price talk). If you want ask legitimate questions about Monero do it elsewhere.

kennyP seems unwilling to stay on topic and intent on promoting BTCD here, which is clearly off topic. His subsequent posts will be deleted without notice, although my general policy is to be transparent about moderation. Consider this transparent disclosure that future posts from kennyP or interpreted by me to be promoting BTCD will be deleted without specific notice.

kennyP

hero member

Activity: 544

Merit: 500

Quote from: smooth on August 27, 2014, 07:49:10 PM

I deleted rikkejohn's complaint about my deletion of his accusation/belief of XMR being a scam. The second message was no more substantively related to XMR speculation than the first. The OP states that "Monero sucks" is off topic. "Monero is a scam" or "I believe Monero is a scam" are also off topic. Let's not play games here.

I deleted kennyP's comments about BTCD (and othe's reply) which scarcely even mentioned Monero but were certainly not specifically on-topic to Monero Speculation.

censorship of legitimate monero question

smooth

legendary

Activity: 2968

Merit: 1198

I deleted rikkejohn's complaint about my deletion of his accusation/belief of XMR being a scam. The second message was no more substantively related to XMR speculation than the first. The OP states that "Monero sucks" is off topic. "Monero is a scam" or "I believe Monero is a scam" are also off topic. Let's not play games here.

I deleted kennyP's comments about BTCD (and othe's reply) which scarcely even mentioned Monero but were certainly not specifically on-topic to Monero Speculation.

dnaleor

legendary

Activity: 1470

Merit: 1000

Want privacy? Use Monero!

Quote from: smoothie on August 27, 2014, 01:35:01 PM

ok so I just dropped 56 BTC on poloniex for XMR taking out the 0.004 wall...

good lord that exchange is slow...it took 3-5 minutes to clear all of those transactions.

Uber slow....lol Cheesy

great to see you buying Monero smoothie!
will you consider producing silver Lealana XMR coins? I would love to buy one! Grin

edit: or a roll of 20 and hand them out as x-mas gifts Wink

smooth

legendary

Activity: 2968

Merit: 1198

I deleted rikkejohn's accusation of XMR being a scam (and my response to it) because it was lacking in substance. If you want to make accusations of impropriety with respect to XMR, those obviously relate to speculation as they could affect the price. But keep them substantive and non-repetitive please. The discussion about fragmented vs. non-fragmented markets has been kept.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: blaaaaacksuit on August 27, 2014, 05:49:35 PM

Quote from: smooth on August 27, 2014, 05:40:26 PM

Quote from: rikkejohn on August 27, 2014, 05:37:56 PM

But honestly, a fragmented marketplace may well be easy to manipulate, but it is far easier to manipulate under a monopoly. The tactic for XMR appears to be stay at Poloniex and keep the sideways trading going to ensure market cap is high.

There is no such tactic. We've provided whatever assistance any exchange has ever asked for in integrating the coin. Some exchanges want to do the work, some don't. It is entirely up to them and is their business decision to make, not ours.

I don't think he's talking about the devs.

His gripe seems to be that it isn't on Cryptsy, although it is on Bittrex, Hitbtc, bter, and possible a few others.

The fact that trading is concentrated in one exchange is not remarkable at all. Rather, that is the normal and almost universal state for every coin, as I explained earlier (with data). In fact the trading is currently less concentrated than most other top-20 coins.

If Cryptsy wants to add Monero to their exchange we will provide whatever guidance they need to do it, but frankly given that at least the four exchanges above have already done it, I can't believe that Cryptsy really needs much help.

blaaaaacksuit

sr. member

Activity: 280

Merit: 250

Who cares?

Quote from: smooth on August 27, 2014, 05:40:26 PM

Quote from: rikkejohn on August 27, 2014, 05:37:56 PM

But honestly, a fragmented marketplace may well be easy to manipulate, but it is far easier to manipulate under a monopoly. The tactic for XMR appears to be stay at Poloniex and keep the sideways trading going to ensure market cap is high.

There is no such tactic. We've provided whatever assistance any exchange has ever asked for in integrating the coin. Some exchanges want to do the work, some don't. It is entirely up to them and is their business decision to make, not ours.

I don't think he's talking about the devs.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: rikkejohn on August 27, 2014, 05:37:56 PM

But honestly, a fragmented marketplace may well be easy to manipulate, but it is far easier to manipulate under a monopoly. The tactic for XMR appears to be stay at Poloniex and keep the sideways trading going to ensure market cap is high.

There is no such tactic. We've provided whatever assistance any exchange has ever asked for in integrating the coin. Some exchanges want to do the work, some don't. It is entirely up to them and is their business decision to make, not ours.

rikkejohn

hero member

Activity: 644

Merit: 500

Quote from: rpietila on August 27, 2014, 05:16:30 PM

Quote from: rikkejohn on August 27, 2014, 05:03:03 PM

Quote from: rpietila on August 27, 2014, 05:00:45 PM

Quote from: rikkejohn on August 27, 2014, 04:53:59 PM

traded everywhere, so less chance for price fixing.

Does not follow.

It does not follow as a law of nature. It follows as a reasonable speculation, though.

Quite the opposite, actually. Fragmented markets are easier to manipulate.

The markets are not fragmented, they are lead by the large exchanges. So, yes, they are being manipulated to a degree, just like in the real world.

But honestly, a fragmented marketplace may well be easy to manipulate, but it is far easier to manipulate under a monopoly. The tactic for XMR appears to be stay at Poloniex and keep the sideways trading going to ensure market cap is high.

The final part of the plan is more difficult to guess. I could speculate, but it would be wild speculation and potentially wrong and harmful so I'll leave it at that.

canonsburg

full member

Activity: 133

Merit: 100

Quote from: rikkejohn on August 27, 2014, 05:16:15 PM

Quote from: smooth on August 27, 2014, 05:13:20 PM

Quote from: rikkejohn on August 27, 2014, 05:09:28 PM

Cryptsy is not lazy, it is greedy and conceited. It will add XMR unless there is an issue.

There are no cryptonote coins on cryptsy. They haven't done the work to integrate them. Poloniex did the work, and got the business. Simple as that.

In your opinion, or according to your assertion.

Quote from: ?? on ??

Let me clarify a few things since I consider myself an expert on BCX LOL.

1) I never called or have I determined Monero to be a shitcoin. I clearly stated in my first post in another thread "that I had a few PM's asking me to *look at a shitcoin called Monero*"

2) I have never said I was going to attack it.

3) I am clearly in an evaluation mode and I am adding machines and rigs to it daily.

4) I am actually working on a solution to the diff exploit on my own as I do not play well in groups. I will share the code with TT if I am successful. The bloat issue is trivial, the devs could fix it tomorrow if they wanted.

5) Fluffy is correct, I do not possess magical powers. What I do posses is the ability conjecture up staggering amounts of cpu hashrate on demand, very large amounts of gpu and asic hashrates (I realize asics are useless here), a large network of like minded people, skill and more btc than I will ever spend as I was cpu mining Bitcoin pre GPU mining. This gives me the ability to bring enormous amounts of hash rate or traffic to any chain, pool or site I choose to. Some incorrectly accuse me of doing so maliciously Huh

6) Like a lot of the devs I have proven wrong time and time over, Fluffy and TT are incorrect about needing 51% to TW a chain. I nailed Auroracoin to the cross with ~20%. At this moment in time it would take me ~22 days to do so. It took me 12 days for AUR.

7) I think MRO has potential and more importantly Bitjohn has indicated to me that Cryptsy will implement MRO as soon as the technical situation is worked out. So mine and buy up people Crypto is evolving.

Hope that answers any questions.

~BCX~

vuduchyld

sr. member

Activity: 364

Merit: 250

Quote from: smoothie on August 27, 2014, 01:35:01 PM

ok so I just dropped 56 BTC on poloniex for XMR taking out the 0.004 wall...

good lord that exchange is slow...it took 3-5 minutes to clear all of those transactions.

Uber slow....lol Cheesy

Wow...that's a helluva green line on my monitor.

Loving the price action overall.

othe

hero member

Activity: 532

Merit: 500

Quote

Cryptsy does lots of X-Coins, not sure if any are cryptonote or whatever.

I think you have a big logic flaw here, there´s no such thing as X-Coins, XMR itself has nothing todo with those x11 coins you prolly mean.

XMR as a currency symbol is simply used because its the ISO standard: http://de.wikipedia.org/wiki/ISO_4217
All currencies who aren´t bound to a single country or area are starting with X, like XBT is the currency code for Bitcoin and XCP is the code for Counterparty which have all totally different codebases.
For example MRO as a currency code was already taken by the Mauritanian ouguiya, the national currency of Mauritania.

rpietila

donator

Activity: 1722

Merit: 1036

Quote from: rikkejohn on August 27, 2014, 05:03:03 PM

Quote from: rpietila on August 27, 2014, 05:00:45 PM

Quote from: rikkejohn on August 27, 2014, 04:53:59 PM

traded everywhere, so less chance for price fixing.

Does not follow.

It does not follow as a law of nature. It follows as a reasonable speculation, though.

Quite the opposite, actually. Fragmented markets are easier to manipulate.

rikkejohn

hero member

Activity: 644

Merit: 500

Quote from: smooth on August 27, 2014, 05:13:20 PM

Quote from: rikkejohn on August 27, 2014, 05:09:28 PM

Cryptsy is not lazy, it is greedy and conceited. It will add XMR unless there is an issue.

There are no cryptonote coins on cryptsy. They haven't done the work to integrate them. Poloniex did the work, and got the business. Simple as that.

In your opinion, or according to your assertion.

eizh

hero member

Activity: 560

Merit: 500

Quote from: rikkejohn on August 27, 2014, 05:09:28 PM

Cryptsy is not lazy, it is greedy and conceited. It will add XMR unless there is an issue.

fluffypony knows Cryptsy's BigVern. A few months ago, they were demanding a more stable client (although every other exchange seems to operate just fine). XMR will probably get added after the next big update if there's enough noise-making by the community.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: rikkejohn on August 27, 2014, 05:09:28 PM

Cryptsy is not lazy, it is greedy and conceited. It will add XMR unless there is an issue.

There are no cryptonote coins on cryptsy. They haven't done the work to integrate them. Poloniex did the work, and got the business. Simple as that.

rikkejohn

hero member

Activity: 644

Merit: 500

Quote from: othe on August 27, 2014, 04:59:16 PM

Quote from: rikkejohn on August 27, 2014, 04:53:59 PM

Why is Monero not traded elsewhere in real depth?

Poloniex is a small exchange, yet seems to be overseeing 100 BTCs a day in trade. Bittrex gets about 10% of that, and I guess these two are the largest?

DRK is traded everywhere, so less chance for price fixing.

Cryptsy is too lazy to implement it.
They do just bitcoin clones they can add with 1 click, took them months to add NXT after other exchanges had it already.
It has a reason Poloniex is the only exchange where Mastercoin and co are traded.
Well its on Mintpal, Bter too.

DRK is on Cryptsy and Bitfinex additionally - is that everywhere?

DRK is on many exchanges, which you can find if you can be bothered. DRK is like Doge was, it got added by default for the numerous new exchanges that have appeared over the last 6 months.

Cryptsy does lots of X-Coins, not sure if any are cryptonote or whatever.

Cryptsy is not lazy, it is greedy and conceited. It will add XMR unless there is an issue.

Febo

legendary

Activity: 2730

Merit: 1288

hitbtc is second biggest Monero exchange, then Bittrex, BTER and Mintpal.

Poloniex was first exchange that took Monero. Well after the one that was i think just temporary made to host Cryptonote coins. Since was brawest they deserve biggest Monero volume. When Monero was accepted to Mintpal, everyone expected huge volume there, but it seems Mintpal users are more conservative. And more accepting bitcoin clones or in generally more finished products. Monero is not ready for that. Well for sure was not 2 montsh ago.

Topic: [XMR] Monero Speculation - page 2185. (Read 3313070 times)