Thank you, yes I know. Sorry, I am asking here but I guess discussing btc has enough relevance for Monero.
Thank you for asking the question. And getting the answer.
Topic: [XMR] Monero Speculation - page 855. (Read 3314350 times)
Thank you for asking the question. And getting the answer.
Thank you, yes I know. Sorry, I am asking here but I guess discussing btc has enough relevance for Monero.
Why was the Chinese volume fake? Could you explain?
This article might help. Remember the fake volume was for bitcoin, not monero
Why was the Chinese volume fake? Could you explain?
Can someone explain this: http://data.bitcoinity.org/markets/volume/30d?c=e&t=bar
Price is rising but the trading volume has gone so low?
Price is rising but the trading volume has gone so low?
Yep Dash is older ...
The chain is older but mixing features weren't added until later on. I don't remember if that was before or after the appearance of Bytecoin.
Darksend came well after Bytecoin. The betas (not open source) were available in early April, which was shortly before Bitmonero/Monero. Bytecoin had been available for a while by that point. A non-beta open-source release of darksend didn't come until well after the Bitmonero/Monero launch.
Bullish article on Bitcoin by Marcus Swanepoel (Co-founder and CEO at Luno (formerly BitX)
Interesting bullet point at the end of the article though. I hope Monero remains being an idealistic but ambitious and fun project. I like being naive and positive about how this all turns out.
Interesting bullet point at the end of the article though. I hope Monero remains being an idealistic but ambitious and fun project. I like being naive and positive about how this all turns out.
Quote
Truly anonymous digital currencies launching — surprisingly, one of Bitcoin’s main issues is still the incorrect perception that it is fully anonymous and predominantly used by criminals. With a number of new, truly anonymous digital currencies [...], regulator and media attention will shift to these as the ‘bad guys’ and Bitcoin will be seen as relatively much safer
Yep Dash is older ...
The chain is older but mixing features weren't added until later on. I don't remember if that was before or after the appearance of Bytecoin.
Looks like the BTC price moving up $30 put Monero in a "flatline" I mean literally... on 15 minute bars the price is almost perfectly flat! I've not seen it do that quite this way before and I'm wondering which way it's going to break out?
Monero is now used as main buffercoin for the btc-altcoin traders. If they don't like the moving of btc they use XMR as buffer before returning to btc. That is good... 
Looks like the BTC price moving up $30 put Monero in a "flatline" I mean literally... on 15 minute bars the price is almost perfectly flat! I've not seen it do that quite this way before and I'm wondering which way it's going to break out?
Wait what. ZCash is a fork of bitcoin? I did not know that at all - I assumed it was an independent code base considering its radical features.
They forked Bitcoin and then slapped their zero knowledge mixer onto it as a sidechain. Barely anyone uses the sidechain. Sad.
Not sad at all. Any of the 'me too' privacy projects showing up with nothing new and compelling on offer is like free marketing for Monero. A group wank on how advanced your anon algo is that even your lead dev doesn't understand it is not a threat. Monero already has a lot of trust in both the tech and the community. It does one job and does it well. Thats all that is required. Nobody looking for a real solution as an end user cares about what's under the hood in great technical detail. Just that they can trust the network and that it works. Thats where age and history weighs so much. No other offerings have this crucial requirement. Yep Dash is older but I dont think of it as a competitor. The masternode approach is a ticking time bomb as focus shifts to outlawing mixers and tumblers. Seeing they are likely to be deemed obvious tools to evade authorities. Monero's protocol just happens to do a better job by coincidence whilst helping users to secure their funds and privacy by not giving hackers and other thieves a nice clear picture on who might be worth attacking. Thats got nothing to to with condoning criminal activity. In actual fact it is helping to prevent crime against the user.
It is up to the very same user to take the responsibility to obey any and all laws in their jurisdiction. As it should be.
Wait what. ZCash is a fork of bitcoin? I did not know that at all - I assumed it was an independent code base considering its radical features.
They forked Bitcoin and then slapped their zero knowledge mixer onto it as a sidechain. Barely anyone uses the sidechain. Sad.
Aargh! I just got an email from Trezor to the effect that they are now supporting Dash and ZCash. No mention of Monero. This worries me a lot.
Why?
Dash and zcash are forks of bitcoin so they're easier to integrate into a device that already works with bitcoin.
Monero takes more development. (see Jaxx efforts)
Wait what. ZCash is a fork of bitcoin? I did not know that at all - I assumed it was an independent code base considering its radical features.
Yes, a fork was involved: https://z.cash/support/faq.html
Aargh! I just got an email from Trezor to the effect that they are now supporting Dash and ZCash. No mention of Monero. This worries me a lot.
Why?
Dash and zcash are forks of bitcoin so they're easier to integrate into a device that already works with bitcoin.
Monero takes more development. (see Jaxx efforts)
Wait what. ZCash is a fork of bitcoin? I did not know that at all - I assumed it was an independent code base considering its radical features.
Jaxx has been promising Monero integration for months will believe it if I see it. Trezor is busy with Trezor 2. Best chance for a hardware wallet this year is Ledger, Monero is already on their roadmap.
Aargh! I just got an email from Trezor to the effect that they are now supporting Dash and ZCash. No mention of Monero. This worries me a lot.
Why?
Dash and zcash are forks of bitcoin so they're easier to integrate into a device that already works with bitcoin.
Monero takes more development. (see Jaxx efforts)
Aargh! I just got an email from Trezor to the effect that they are now supporting Dash and ZCash. No mention of Monero. This worries me a lot.
Dash is catching-up Monero in market cap.
I wish that Monero will runaway from this dude.
Dash DASH
$112,536,024 $15.93861485 $15.6564 7,060,590 $1,985,320 4.62%
Buy / Sell
Monero XMR
$174,215,185 $12.57808440 $12.6682 13,850,693 $1,650,390 -0.39%
Buy / Sell
Source: coincap.io
I wish that Monero will runaway from this dude.
Dash DASH
$112,536,024 $15.93861485 $15.6564 7,060,590 $1,985,320 4.62%
Buy / Sell
Monero XMR
$174,215,185 $12.57808440 $12.6682 13,850,693 $1,650,390 -0.39%
Buy / Sell
Source: coincap.io
Why worry about all of these other pretenders? Monero has a much brighter future than any of them, it just takes time. So, how about we just let it happen?
EDIT: and keep working on ways to improve it.
Dash is catching-up Monero in market cap.
I wish that Monero will runaway from this dude.
Dash DASH
$112,536,024 $15.93861485 $15.6564 7,060,590 $1,985,320 4.62%
Buy / Sell
Monero XMR
$174,215,185 $12.57808440 $12.6682 13,850,693 $1,650,390 -0.39%
Buy / Sell
Source: coincap.io
I wish that Monero will runaway from this dude.
Dash DASH
$112,536,024 $15.93861485 $15.6564 7,060,590 $1,985,320 4.62%
Buy / Sell
Monero XMR
$174,215,185 $12.57808440 $12.6682 13,850,693 $1,650,390 -0.39%
Buy / Sell
Source: coincap.io
We can expect exodus integration at least before 2018 
https://www.reddit.com/r/Monero/comments/5qy9f5/any_updates_from_exodus/
https://www.reddit.com/r/Monero/comments/5qy9f5/any_updates_from_exodus/
Quote
Co-founder of Exodus here...
To catch everyone up to speed... we had an integration of Monero working back in the spring of 2016. We wrapped simple-wallet... however, the UX was horrible in that the user had to wait to download gigs of data. Since no other asset inside of Exodus has this requirement, we couldn't ship it. After that, we had to drop our work on it for awhile due to other priorities.
Fast-forward a bit of time, Fluffy Pony generously offered to help by having us integrate with MyMonero. This worked reasonably well, but we had some issues with confirmations and showing TXs. Fluffy then agreed to help by modifying MyMonero to have access / scan the mempool.
And then we had the issue of how we should handle RingCT from within Exodus...
Fortunately, I was just at the Satoshi Roundtable and spent a lot of time (and drank way too much tequila) with Fluffy and another Monero developer - I will refrain from sharing the dev's name as I'm not positive if he's made his identity public. We chatted more about how this could work well. I have some good ideas and we're going to be trying a number of things to make this happen.
Just so you know, Monero support is our #1 requested feature. It beats out hardware wallet support (#2 requested) by at least 100% - so we're strongly financially incentivized to make it happen.
Unfortunately it's going to be awhile, as we won't release until the UX of Monero feels like every other asset inside of Exodus.
If you're interested in us contacting you when we have Monero support, send us an email to [email protected] - we will personally email you when it's ready.
To catch everyone up to speed... we had an integration of Monero working back in the spring of 2016. We wrapped simple-wallet... however, the UX was horrible in that the user had to wait to download gigs of data. Since no other asset inside of Exodus has this requirement, we couldn't ship it. After that, we had to drop our work on it for awhile due to other priorities.
Fast-forward a bit of time, Fluffy Pony generously offered to help by having us integrate with MyMonero. This worked reasonably well, but we had some issues with confirmations and showing TXs. Fluffy then agreed to help by modifying MyMonero to have access / scan the mempool.
And then we had the issue of how we should handle RingCT from within Exodus...
Fortunately, I was just at the Satoshi Roundtable and spent a lot of time (and drank way too much tequila) with Fluffy and another Monero developer - I will refrain from sharing the dev's name as I'm not positive if he's made his identity public. We chatted more about how this could work well. I have some good ideas and we're going to be trying a number of things to make this happen.
Just so you know, Monero support is our #1 requested feature. It beats out hardware wallet support (#2 requested) by at least 100% - so we're strongly financially incentivized to make it happen.
Unfortunately it's going to be awhile, as we won't release until the UX of Monero feels like every other asset inside of Exodus.
If you're interested in us contacting you when we have Monero support, send us an email to [email protected] - we will personally email you when it's ready.
Interesting stuff - thanks for sharing that - lets see if Monero takes off again pretty soon - price has been pretty stable over the last few weeks. will be great to see a resurgence in the market.
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