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Topic: [XMR] Monero Speculation - page 849. (Read 3314350 times)

newbie
Activity: 56
Merit: 0
February 12, 2017, 04:49:00 PM
1.Is Smooth Jeffrey Lebowski?

2.When will monero get pruning like aeon? Why can't bbr pruning be copied?

3. Is active development for aeon ongoing?

4. Monero iOS wallet?

5. Isn't monero price high enough that devs make it their full time job? I assume they own and get paid a lot of XMR.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
February 12, 2017, 03:35:50 PM
Failures that were ahead of their time. some were just not marketed and some were over priced.

http://listverse.com/2013/01/12/10-innovative-pieces-of-technology-that-failed-miserably/
http://www.pcmag.com/article2/0,2817,2325931,00.asp
http://www.businessinsider.com/startup-failures-2011-5

Underfunded and facing a Monopolistic opponent.

https://fee.org/articles/the-tucker-car-did-the-big-guys-do-it-in/

Just saying the best doesn't always get adopted, it's a shame really but most people lack the drive to research anything and just use whats easy and what everyone else is using.
legendary
Activity: 2016
Merit: 1259
February 12, 2017, 01:03:35 PM


This may also be true. I'm a bit uncertain because the most commonly cited examples like VHS and Beta are in fact terrible logic due to things like recording time and cost.


And the result of Sony refusing to license Beta.  Made calling the BlueRay battle for supremacy easy.  No way they would make the same mistake twice.  What was that other DVD format again?  Marketing works.
legendary
Activity: 2968
Merit: 1198
February 12, 2017, 04:31:54 AM
Do any of you (who believe mainly in xmr and maybe btc) recommend having a few eth as hedge?

I have a little ETH and ETC as a hedge. I think smart contracts have so far turned out to be nothing more than bullshit hype for the purpose of pumping a token, but may, eventually, turn out to be more than that.

I also have some worse crap than ETH as hedges too, so don't view this as an endorsement, more of an admission that my current views on crypto merits may turn out somehow to be wrong and I don't need to figure out exactly how for the hedge to work. Also even if my skepticism turns out to be correct ultimately the market may get it 'wrong' for a long time.

The thing I really don't understand is the logic behind having coins that carry monetary value for things such as ETH and ETC, even SIA or any other "smart contract" or "app coins".  IRL if you want someone like a lawyer to help you draft out a contract, or maybe help you submit a patent on a new invention you made, you would influence the lawyer to do that for you by paying them in cash/fiat.  Imagine having to go out somewhere to buy some random "lawyer tokens" to be able to talk to a lawyer... that would be insane, wouldn't it?

Because no one knows how to build a decentralized (not federated) blockchain that is able to operate on "foreign" tokens. It is a bit like traveling to another country (in the days before electronic payments). You do indeed have to exchange your money first if you want to pay a lawyer there.

Because markets do not follow logic and better tech loses all the time, it's called speculation for a reason. Wink

This may also be true. I'm a bit uncertain because the most commonly cited examples like VHS and Beta are in fact terrible logic due to things like recording time and cost.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
February 11, 2017, 07:24:19 PM
Do any of you (who believe mainly in xmr and maybe btc) recommend having a few eth as hedge?

I have a little ETH and ETC as a hedge. I think smart contracts have so far turned out to be nothing more than bullshit hype for the purpose of pumping a token, but may, eventually, turn out to be more than that.

I also have some worse crap than ETH as hedges too, so don't view this as an endorsement, more of an admission that my current views on crypto merits may turn out somehow to be wrong and I don't need to figure out exactly how for the hedge to work. Also even if my skepticism turns out to be correct ultimately the market may get it 'wrong' for a long time.

The thing I really don't understand is the logic behind having coins that carry monetary value for things such as ETH and ETC, even SIA or any other "smart contract" or "app coins".  IRL if you want someone like a lawyer to help you draft out a contract, or maybe help you submit a patent on a new invention you made, you would influence the lawyer to do that for you by paying them in cash/fiat.  Imagine having to go out somewhere to buy some random "lawyer tokens" to be able to talk to a lawyer... that would be insane, wouldn't it?

I understand people who mine ETH, or whatever smart contract coin out there, need to have some reason to do it... but I just believe there just has to be some better way to go about doing this.  This whole thing just seems backwards to me...

Because markets do not follow logic and better tech loses all the time, it's called speculation for a reason. Wink
legendary
Activity: 1316
Merit: 1004
February 11, 2017, 06:40:30 PM
Do any of you (who believe mainly in xmr and maybe btc) recommend having a few eth as hedge?

I have a little ETH and ETC as a hedge. I think smart contracts have so far turned out to be nothing more than bullshit hype for the purpose of pumping a token, but may, eventually, turn out to be more than that.

I also have some worse crap than ETH as hedges too, so don't view this as an endorsement, more of an admission that my current views on crypto merits may turn out somehow to be wrong and I don't need to figure out exactly how for the hedge to work. Also even if my skepticism turns out to be correct ultimately the market may get it 'wrong' for a long time.

The thing I really don't understand is the logic behind having coins that carry monetary value for things such as ETH and ETC, even SIA or any other "smart contract" or "app coins".  IRL if you want someone like a lawyer to help you draft out a contract, or maybe help you submit a patent on a new invention you made, you would influence the lawyer to do that for you by paying them in cash/fiat.  Imagine having to go out somewhere to buy some random "lawyer tokens" to be able to talk to a lawyer... that would be insane, wouldn't it?

I understand people who mine ETH, or whatever smart contract coin out there, need to have some reason to do it... but I just believe there just has to be some better way to go about doing this.  This whole thing just seems backwards to me...
legendary
Activity: 1512
Merit: 1442
thefuzzstone.github.io
February 11, 2017, 03:24:48 PM
Even then JAXX isn't open sourced is it? That alone makes it a pariah in my mind. From a quick google apparently some of it is open but if you can't compile it yourself then you can't trust it so add that to using a unknown node and you might as well use a web wallet and drop your pants and cough.

Yes, you are right. You can't compile JAXX because isn't fully open source project. On jaxx.io then --> View Source Code --- you can check only some pieces of code.

It turns out that the downloaded binary file can contain anything, any kind of backdoors and spyware functionality, so keep track of what and where to submit the application is not possible.

So I'm happy that Monero will not be integrated in this wallet.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
February 11, 2017, 02:37:37 PM
I don't see how Monero could be used with a light client like Jaxx without you registering your viewkey on a node that has the full blockchain - which (unless you own the node) puts your transactions at risk of becoming visible.

Solution. 



Even then JAXX isn't open sourced is it? That alone makes it a pariah in my mind. From a quick google apparently some of it is open but if you can't compile it yourself then you can't trust it so add that to using a unknown node and you might as well use a web wallet and drop your pants and cough.
legendary
Activity: 2016
Merit: 1259
February 11, 2017, 01:42:33 PM
I don't see how Monero could be used with a light client like Jaxx without you registering your viewkey on a node that has the full blockchain - which (unless you own the node) puts your transactions at risk of becoming visible.

Solution. 

full member
Activity: 308
Merit: 146
February 11, 2017, 01:20:02 PM
I don't see how Monero could be used with a light client like Jaxx without you registering your viewkey on a node that has the full blockchain - which (unless you own the node) puts your transactions at risk of becoming visible.
legendary
Activity: 2016
Merit: 1259
February 11, 2017, 12:18:40 PM
Monero is very stable now.

Maybe still there are some fast horses inside the stable Grin

Assuredly there are.  Which way will they bolt when released? 
sr. member
Activity: 1050
Merit: 277
February 11, 2017, 11:37:59 AM
Monero is very stable now.

Maybe still there are some fast horses inside the stable Grin
legendary
Activity: 1442
Merit: 1000
Antifragile
February 11, 2017, 07:12:04 AM
Regarding the Jaxx discussion, would just like to add, from an ex-tech guys perspective - who no longer is a techie:

Jaxx is super important to folks like me who are no longer, or not, technical and who don't want to run a wallet with gigabytes of blockchain.
Jaxx is super important for the easy use of XMR for common folks. Yeah, that might be a ways off (regular folk use), but the sooner the better.
The question is about maintaining privacy with Jaxx I would imagine.

Eventually we are going to need something like Aeon (i.e. small blockchain) for our cell phones though.
hero member
Activity: 687
Merit: 500
novag
February 11, 2017, 06:09:55 AM
Monero is very stable now.
sr. member
Activity: 812
Merit: 251
I-CHAIN - The Revolution of Digital Advertising
February 11, 2017, 04:20:22 AM

Do any of you (who believe mainly in xmr and maybe btc) recommend having a few eth as hedge?


At various times over the past couple years, in addition to BTC and XMR I've held ETH (and ETC after it split) plus also MaidSafe, Factom, Dash (don't hit me) and SIACoin.  Oh and also some PotCoin just for laughs LOL

However awhile ago I divested basically *everything* except BTC & XMR... only hodling my beginning stake of MAID that I got in their original crowdsale.

I dumped it all to get more focused on only what really matters: Bitcoin and Monero FTW!

But, lately now... I've been thinking maybe that was too extreme and I may buy back a little ETC/ETH and maybe the FCT and SIA again.

Not the DASH though... forget that LOL.


FCT & SIA are both great Projects. Time will tell. Dont know about DASH. Heard too much shit about it. i mainly focus on BTC, ETH, XMR, FCT, STRAT & SIA..
legendary
Activity: 2604
Merit: 1748
February 11, 2017, 04:10:27 AM


We were already at about $16 once before, weren't we?  Last summer?  So "only" getting back to fifteen-ish this year would seem a bit disappointing... I'm hoping more for like $50 range.  Maybe $100 LOL


We were over $18 around January 4th - about five weeks ago.

No one seemed to notice ;-)
full member
Activity: 196
Merit: 100
February 10, 2017, 08:51:03 PM
monero price correlates with bitcoin now?
https://www.coingecko.com/en/price_charts/monero/usd
hero member
Activity: 608
Merit: 509
February 10, 2017, 08:06:25 PM

Do any of you (who believe mainly in xmr and maybe btc) recommend having a few eth as hedge?


At various times over the past couple years, in addition to BTC and XMR I've held ETH (and ETC after it split) plus also MaidSafe, Factom, Dash (don't hit me) and SIACoin.  Oh and also some PotCoin just for laughs LOL

However awhile ago I divested basically *everything* except BTC & XMR... only hodling my beginning stake of MAID that I got in their original crowdsale.

I dumped it all to get more focused on only what really matters: Bitcoin and Monero FTW!

But, lately now... I've been thinking maybe that was too extreme and I may buy back a little ETC/ETH and maybe the FCT and SIA again.

Not the DASH though... forget that LOL.




15$ by mid year seems very possible without even being very bullish.


We were already at about $16 once before, weren't we?  Last summer?  So "only" getting back to fifteen-ish this year would seem a bit disappointing... I'm hoping more for like $50 range.  Maybe $100 LOL
legendary
Activity: 2968
Merit: 1198
February 10, 2017, 07:51:53 PM
Do any of you (who believe mainly in xmr and maybe btc) recommend having a few eth as hedge?

I have a little ETH and ETC as a hedge. I think smart contracts have so far turned out to be nothing more than bullshit hype for the purpose of pumping a token, but may, eventually, turn out to be more than that.

I also have some worse crap than ETH as hedges too, so don't view this as an endorsement, more of an admission that my current views on crypto merits may turn out somehow to be wrong and I don't need to figure out exactly how for the hedge to work. Also even if my skepticism turns out to be correct ultimately the market may get it 'wrong' for a long time.
full member
Activity: 200
Merit: 114
February 10, 2017, 07:45:54 PM
Do any of you (who believe mainly in xmr and maybe btc) recommend having a few eth as hedge?

After all I read I don't have a lot of faith in eth but thinking maybe just a few just in case...

Thanks!


15$ by mid year seems very possible without even being very bullish.
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