[XMR] Monero Speculation - page 38. | Bitcointalksearch.org

cAPSLOCK

legendary

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Note the unconventional cAPITALIZATION!

Quote from: Febo on May 04, 2021, 09:08:13 AM

Quote from: Febo on April 20, 2021, 07:21:21 PM

Quote from: cAPSLOCK on April 20, 2021, 01:50:51 PM

I kinda can't wait to see the bus get a little bigger... wonder when that will happen?

This is tricky to answer since everything can be changed when triptych happen at next hard fork. We will have to wait some more time before all will be decided and cast predictions while considering actual numbers. I dont believe Monero could have such growth of transactions to get blocks full before the protocol upgrade will happen.

LOL. Never listen to me!

Today "bus" start going bigger.

From block 2353326 to block 2353452, blocks were full or close to full. That was for over 4 hours and 40 minutes.

https://old.reddit.com/r/Monero/comments/n4ipfb/if_you_ever_wondered_how_dynamic_block_size_works/

As we can see change was not huge. It grows very slow.

We are still growing... All of crypto is starting to feel like it is expanding now... I need to do a little research.

It's fun to see them peering out of the back window. Wink

Febo

legendary

Activity: 2744

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Quote from: Febo on April 20, 2021, 07:21:21 PM

Quote from: cAPSLOCK on April 20, 2021, 01:50:51 PM

I kinda can't wait to see the bus get a little bigger... wonder when that will happen?

This is tricky to answer since everything can be changed when triptych happen at next hard fork. We will have to wait some more time before all will be decided and cast predictions while considering actual numbers. I dont believe Monero could have such growth of transactions to get blocks full before the protocol upgrade will happen.

LOL. Never listen to me!

Today "bus" start going bigger.

From block 2353326 to block 2353452, blocks were full or close to full. That was for over 4 hours and 40 minutes.

https://old.reddit.com/r/Monero/comments/n4ipfb/if_you_ever_wondered_how_dynamic_block_size_works/

As we can see change was not huge. It grows very slow.

johnfoss

full member

Activity: 144

Merit: 131

The Monero Moon (Issue 16) is now available to help keep you up to date with all the latest Monero news.

Hit like and share to spread the word of Monero as we head to the moon.

https://medium.com/themoneromoon/the-monero-moon-issue-16-9ad832ffcdcc

mv1986

legendary

Activity: 2058

Merit: 1166

Quote from: Hueristic on April 29, 2021, 07:50:19 PM

Quote from: mv1986 on April 29, 2021, 04:34:34 PM

Quote from: cAPSLOCK on April 28, 2021, 07:33:41 AM

I think the main issue with things like three letter agencies and back doors etc is to do with the cryptographic tools used in the network rather than the codebase. In other words crypto assets rely on things like SHA2 and elliptic curves (asymmetric crypto privatives). And the fear is someone(s) like the NSA might know a vulnerability in one of these privatives which has rendered it, for them, no longer asymmetric. Meaning for the person with the "key to the cypher", so to speak, it will be easy to decode as well as encode which is something we rely on NOT being possible for things like Bitcoin to work at all.

Nearly everyone who really understands these things (not me, lol) seems to think this is a fairly remote chance.

Ok, I get it. The documentary about "Rubikon/Thesaurus" just kind of confirmed this inner voice inside my head saying "never say never". It was just so mind-boggling that they can sell an algorithm with a backdoor to dozens of countries without those countries taking notice although using the systems for decades. You would think it might work for a year, or maybe two, but 20???

I am far from understanding enough to have a sufficiently qualified opinion, so I just go with what the "experts" say and forget what happened in the documentary. Suppressing the inner voice so to say, at least during the Bitcoin bull runs! Tongue

Why would that boggle your mind?

Microshaft has been doing just that for 40 years.

Closed source black box cannot easily be audited so you rely on a "trusted setup" in effect, sound familiar?

Sounds familiar! Wink

But still, it boggled my mind because, you know I am not cryptography expert, but I would think that all these international customers the Crypto AG had were not able to detect the backdoor despite having their own best hackers and cryptographers working on it. To someone like me that is indeed mind-boggling. As I said, I wouldn't have been too surprised if nobody noticed for a couple of years, but two decades? All these nations with their own "CIA" couldn't find out that the US and Germany secret services put a backdoor into the algorithm. It is a crazy story and I wouldn't describe myself as naive, especially not when it comes to companies like Microsoft.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: mv1986 on April 29, 2021, 04:34:34 PM

Quote from: cAPSLOCK on April 28, 2021, 07:33:41 AM

I think the main issue with things like three letter agencies and back doors etc is to do with the cryptographic tools used in the network rather than the codebase. In other words crypto assets rely on things like SHA2 and elliptic curves (asymmetric crypto privatives). And the fear is someone(s) like the NSA might know a vulnerability in one of these privatives which has rendered it, for them, no longer asymmetric. Meaning for the person with the "key to the cypher", so to speak, it will be easy to decode as well as encode which is something we rely on NOT being possible for things like Bitcoin to work at all.

Nearly everyone who really understands these things (not me, lol) seems to think this is a fairly remote chance.

Ok, I get it. The documentary about "Rubikon/Thesaurus" just kind of confirmed this inner voice inside my head saying "never say never". It was just so mind-boggling that they can sell an algorithm with a backdoor to dozens of countries without those countries taking notice although using the systems for decades. You would think it might work for a year, or maybe two, but 20???

I am far from understanding enough to have a sufficiently qualified opinion, so I just go with what the "experts" say and forget what happened in the documentary. Suppressing the inner voice so to say, at least during the Bitcoin bull runs! Tongue

Why would that boggle your mind?

Microshaft has been doing just that for 40 years.

Closed source black box cannot easily be audited so you rely on a "trusted setup" in effect, sound familiar?

mv1986

legendary

Activity: 2058

Merit: 1166

Quote from: cAPSLOCK on April 28, 2021, 07:33:41 AM

I think the main issue with things like three letter agencies and back doors etc is to do with the cryptographic tools used in the network rather than the codebase. In other words crypto assets rely on things like SHA2 and elliptic curves (asymmetric crypto privatives). And the fear is someone(s) like the NSA might know a vulnerability in one of these privatives which has rendered it, for them, no longer asymmetric. Meaning for the person with the "key to the cypher", so to speak, it will be easy to decode as well as encode which is something we rely on NOT being possible for things like Bitcoin to work at all.

Nearly everyone who really understands these things (not me, lol) seems to think this is a fairly remote chance.

Ok, I get it. The documentary about "Rubikon/Thesaurus" just kind of confirmed this inner voice inside my head saying "never say never". It was just so mind-boggling that they can sell an algorithm with a backdoor to dozens of countries without those countries taking notice although using the systems for decades. You would think it might work for a year, or maybe two, but 20???

I am far from understanding enough to have a sufficiently qualified opinion, so I just go with what the "experts" say and forget what happened in the documentary. Suppressing the inner voice so to say, at least during the Bitcoin bull runs! Tongue

cAPSLOCK

legendary

Activity: 3766

Merit: 5146

Note the unconventional cAPITALIZATION!

Quote from: Hueristic on April 29, 2021, 11:56:14 AM

Quote from: cAPSLOCK on April 29, 2021, 09:41:18 AM

Quote from: johnalan on April 28, 2021, 02:55:21 PM

I’d love to have a view from Aminorex.

We are likely to break USD ATH this year. By how much I don’t have a clue, but I think around 800usd is possible.

BTC ATH, not gonna happen tho. Maybe by 2025

So you think BTC has already topped out for this Epoch? I will be very suprised if that is so.. I see it as an edge case, one that balances the "supercycle" edge case on the other extreme... I think the latter is actually MORE likely aside from the over-abundance of bullishness... max pain supports your theory.

As to Monero. I see the chance it decouples significantly from bitcoin to be fairly small. But better than most other coins. But that is what it would have to do to fulfil your above scenario... XMR @ 800 with BTC continuing to drop.

I think it is more likely that we see more BTC action, and *probably* a XMRBTC pullback with continued hold/rise in XMRUSD.

I could see XMR in 4 digits USD EASILY in this scenario...

No, he is saying the BTC/XMR ATH is not on the horizon.

Ah. Thanks for the decode on that... seems obvious now. And I agree that is less likely. I think that is the case for most OG alts too... *maybe* not ETH.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: cAPSLOCK on April 29, 2021, 09:41:18 AM

Quote from: johnalan on April 28, 2021, 02:55:21 PM

I’d love to have a view from Aminorex.

We are likely to break USD ATH this year. By how much I don’t have a clue, but I think around 800usd is possible.

BTC ATH, not gonna happen tho. Maybe by 2025

So you think BTC has already topped out for this Epoch? I will be very suprised if that is so.. I see it as an edge case, one that balances the "supercycle" edge case on the other extreme... I think the latter is actually MORE likely aside from the over-abundance of bullishness... max pain supports your theory.

As to Monero. I see the chance it decouples significantly from bitcoin to be fairly small. But better than most other coins. But that is what it would have to do to fulfil your above scenario... XMR @ 800 with BTC continuing to drop.

I think it is more likely that we see more BTC action, and *probably* a XMRBTC pullback with continued hold/rise in XMRUSD.

I could see XMR in 4 digits USD EASILY in this scenario...

No, he is saying the BTC/XMR ATH is not on the horizon.

cAPSLOCK

legendary

Activity: 3766

Merit: 5146

Note the unconventional cAPITALIZATION!

Quote from: johnalan on April 28, 2021, 02:55:21 PM

I’d love to have a view from Aminorex.

We are likely to break USD ATH this year. By how much I don’t have a clue, but I think around 800usd is possible.

BTC ATH, not gonna happen tho. Maybe by 2025

So you think BTC has already topped out for this Epoch? I will be very suprised if that is so.. I see it as an edge case, one that balances the "supercycle" edge case on the other extreme... I think the latter is actually MORE likely aside from the over-abundance of bullishness... max pain supports your theory.

As to Monero. I see the chance it decouples significantly from bitcoin to be fairly small. But better than most other coins. But that is what it would have to do to fulfil your above scenario... XMR @ 800 with BTC continuing to drop.

I think it is more likely that we see more BTC action, and *probably* a XMRBTC pullback with continued hold/rise in XMRUSD.

I could see XMR in 4 digits USD EASILY in this scenario...

johnalan

member

Activity: 200

Merit: 47

I’d love to have a view from Aminorex.

We are likely to break USD ATH this year. By how much I don’t have a clue, but I think around 800usd is possible.

BTC ATH, not gonna happen tho. Maybe by 2025

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: Febo on April 28, 2021, 01:28:57 PM

I wonder can it be better then it is right now. Earlier today price reach $440 what was highest then ever in last 3 years. And at the same time number of transactions is hitting most transactions ever per day. Hopefully first day with over 30k.

The only thing better will be if it holds its value v/s BTC when BTC rockets again very shortly.

Febo

legendary

Activity: 2744

Merit: 1288

I wonder can it be better then it is right now. Earlier today price reach $440 what was highest then ever in last 3 years. And at the same time number of transactions is hitting most transactions ever per day. Hopefully first day with over 30k.

infofront

legendary

Activity: 2660

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Shitcoin Minimalist

Quote from: johnfoss on April 28, 2021, 07:39:00 AM

The Monero Moon (Issue 15) is now available for your reading pleasure. Grab a cup of coffee or a bottle of beer and kick back for a read. Like, share, and spread the word of Monero as it approaches all time highs.

https://medium.com/themoneromoon/the-monero-moon-issue-15-96440ad06fb7

Excellent as always - Thanks!

oprahwindfury

full member

Activity: 666

Merit: 108

gauge the reception rate then it would just be the point on schedule at which selection and discharge bends cross. Almost certain Rpitila has every one of the numbers to do this in the event that he hasn't done so as of now. I would ballpark it at around Dec-Feb.

johnfoss

full member

Activity: 144

Merit: 131

The Monero Moon (Issue 15) is now available for your reading pleasure. Grab a cup of coffee or a bottle of beer and kick back for a read. Like, share, and spread the word of Monero as it approaches all time highs.

https://medium.com/themoneromoon/the-monero-moon-issue-15-96440ad06fb7

cAPSLOCK

legendary

Activity: 3766

Merit: 5146

Note the unconventional cAPITALIZATION!

I think the main issue with things like three letter agencies and back doors etc is to do with the cryptographic tools used in the network rather than the codebase. In other words crypto assets rely on things like SHA2 and elliptic curves (asymmetric crypto privatives). And the fear is someone(s) like the NSA might know a vulnerability in one of these privatives which has rendered it, for them, no longer asymmetric. Meaning for the person with the "key to the cypher", so to speak, it will be easy to decode as well as encode which is something we rely on NOT being possible for things like Bitcoin to work at all.

Nearly everyone who really understands these things (not me, lol) seems to think this is a fairly remote chance.

mv1986

legendary

Activity: 2058

Merit: 1166

Quote from: tokeweed on April 27, 2021, 03:01:28 PM

^ But the project is open source. I mean really if there were any backdoors and shenanigans, wouldn’t the community have seen it by now?

Anyway I could see XMR maintain its value a lot better than BTC and all the others after the bull market this time around. With all the regulations coming in, I’m pretty sure a lot of people would be ‘losing their private keys’ in a boating accident. Cheesy

I don't know. If some developers know to hide something, no idea how easy it is to detect backdoors. Haha yes "the boating accident". It won't be simple for regulators to really achieve what they are planning for. If they crack down on it so harshly I am sure you are right that people will come up with pretty wild excuses.

XMR is greatly positioned to surge even in the short-term. It's the currency of the dark web already and it will gain more market share I believe for a lot of very good reasons. Magic money that disappears out of nothing is an awesome invention!

leea-1334

hero member

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Temporary forum vacation

Quote from: cAPSLOCK on April 21, 2021, 01:20:54 PM

In the long run, however Monero will see greater and greater use since it actually DOES the ONE THING it is designed to do, and does it EXTREMELY WELL.

Like you said though, I don't think people really do care. They may be forced to care one day,,, some day,,, whether that day comes soon it will be impossible to tell but for now, whizzy and shiny is what people care about and the markets also reward them for caring, so until privacy becomes something of a necessity (it is a necessity now but it is still only an alternative to most), we have to accept Monero is exactly where people care it is.

phishead

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