Topic: [XMR] Monero Speculation - page 932. (Read 3314350 times)
So, Xmr is going up finally ?
...
Why are you so convinced that SW+LN won't scale?
Why are you so convinced that SW+LN won't scale?
Basic math.
SW is an effective one time increase maybe by 100% that is it.
As for LN I would start by reading the LN paper in particular the conclusion. https://lightning.network/lightning-network-paper.pdf . Under a highly optimistic scenario they are talking about 133 MB blocks instead of 24 GB blocks, a factor of ~185x. A more realistic factor could easily be a factor of 10 or more less. So again a one time increase that is it.
The reality is that while SW and LN are likely very useful technologies in their own right they do not address the fundamental problem facing Bitcoin: How does one scale the number of transactions on the blockchain while at the same time maintaining the security of the POW and create a scarcity on the blocksize to avoid spam attacks? As for Bitcoin unlimited it fails on both the security and anti spam angles above.
If someone has a solution other than what is in Monero, namely the combination of an adaptive blocksize limit with a block reward based penalty and a tail emission, I would love to see it. In over 4 years looking at this issue I have not seen another workable solution.
Edit: Bitcoin unlimited is based upon the paper of Peter R. Rizun https://www.bitcoinunlimited.info/resources/feemarket.pdf. Again if one takes a look at the conclusion one finds that the effective penalty for increasing the blocksize is proportional to the block reward. Now what happens when the block reward goes to zero? There is no effective penalty and the blocksize increases with no constraint. So how is the POW supposed to be secured in this scenario? The other problem with this approach is that it relies on network failure in the form of a very significant probability of orphan blocks to constrain the blocksize.
The price of bitcoin is around 900 usd in India.
It is just a matter of time when the rise from India spills over to other markets. In fact, the price of bitcoin have been above the other markets for some time (thanks to the cash issues I suppose).
https://localbitcoins.com/country/IN
My speculation is that the majority of the weak hands have been shaken out and when we prepare for bitcoin mooning we might see actually new ATH of Monero as well both in terms of fiat and bitcoins (some of the bitcoin maximalists might diversify a little).
It is just a matter of time when the rise from India spills over to other markets. In fact, the price of bitcoin have been above the other markets for some time (thanks to the cash issues I suppose).
https://localbitcoins.com/country/IN
My speculation is that the majority of the weak hands have been shaken out and when we prepare for bitcoin mooning we might see actually new ATH of Monero as well both in terms of fiat and bitcoins (some of the bitcoin maximalists might diversify a little).
It may be, but the fundamentals simply do not support it. There is simply no way that Bitcoin, with its 1 MB blocksize limit, can make even a minuscule dent in the cash transaction market in India no matter how many large denomination Indian rupee bills are taken out of circulation by the Indian government.
you should google " bitcoin unlimited " ............
Try convincing enough of the miners of that... It's still not 95%. Yet.
The price of bitcoin is around 900 usd in India.
It is just a matter of time when the rise from India spills over to other markets. In fact, the price of bitcoin have been above the other markets for some time (thanks to the cash issues I suppose).
https://localbitcoins.com/country/IN
My speculation is that the majority of the weak hands have been shaken out and when we prepare for bitcoin mooning we might see actually new ATH of Monero as well both in terms of fiat and bitcoins (some of the bitcoin maximalists might diversify a little).
It is just a matter of time when the rise from India spills over to other markets. In fact, the price of bitcoin have been above the other markets for some time (thanks to the cash issues I suppose).
https://localbitcoins.com/country/IN
My speculation is that the majority of the weak hands have been shaken out and when we prepare for bitcoin mooning we might see actually new ATH of Monero as well both in terms of fiat and bitcoins (some of the bitcoin maximalists might diversify a little).
It may be, but the fundamentals simply do not support it. There is simply no way that Bitcoin, with its 1 MB blocksize limit, can make even a minuscule dent in the cash transaction market in India no matter how many large denomination Indian rupee bills are taken out of circulation by the Indian government.
you should google " bitcoin unlimited " ............
The price of bitcoin is around 900 usd in India.
It is just a matter of time when the rise from India spills over to other markets. In fact, the price of bitcoin have been above the other markets for some time (thanks to the cash issues I suppose).
https://localbitcoins.com/country/IN
My speculation is that the majority of the weak hands have been shaken out and when we prepare for bitcoin mooning we might see actually new ATH of Monero as well both in terms of fiat and bitcoins (some of the bitcoin maximalists might diversify a little).
It is just a matter of time when the rise from India spills over to other markets. In fact, the price of bitcoin have been above the other markets for some time (thanks to the cash issues I suppose).
https://localbitcoins.com/country/IN
My speculation is that the majority of the weak hands have been shaken out and when we prepare for bitcoin mooning we might see actually new ATH of Monero as well both in terms of fiat and bitcoins (some of the bitcoin maximalists might diversify a little).
It may be, but the fundamentals simply do not support it. There is simply no way that Bitcoin, with its 1 MB blocksize limit, can make even a minuscule dent in the cash transaction market in India no matter how many large denomination Indian rupee bills are taken out of circulation by the Indian government.
Why are you so convinced that SW+LN won't scale?
I think I should probably leave ArcticMine to answer that.
But AFAIK most of the 'increase' in blocksize with Segwit is for Segwit superfluous stuff, it won't massively increase the block capacity for transactions. No one knows where it is taking us and my personal instinct is it won't quite be Bitcoin anymore.
For me upping blocksize and just working to control spam with fees was easier and simple. With Segwit, I am not sure where it goes, I just hope it lasts for long enough to not spoil it all and allow better crypto tech to surpass it, hence my long term investment in XMR.
The price of bitcoin is around 900 usd in India.
It is just a matter of time when the rise from India spills over to other markets. In fact, the price of bitcoin have been above the other markets for some time (thanks to the cash issues I suppose).
https://localbitcoins.com/country/IN
My speculation is that the majority of the weak hands have been shaken out and when we prepare for bitcoin mooning we might see actually new ATH of Monero as well both in terms of fiat and bitcoins (some of the bitcoin maximalists might diversify a little).
It is just a matter of time when the rise from India spills over to other markets. In fact, the price of bitcoin have been above the other markets for some time (thanks to the cash issues I suppose).
https://localbitcoins.com/country/IN
My speculation is that the majority of the weak hands have been shaken out and when we prepare for bitcoin mooning we might see actually new ATH of Monero as well both in terms of fiat and bitcoins (some of the bitcoin maximalists might diversify a little).
It may be, but the fundamentals simply do not support it. There is simply no way that Bitcoin, with its 1 MB blocksize limit, can make even a minuscule dent in the cash transaction market in India no matter how many large denomination Indian rupee bills are taken out of circulation by the Indian government.
Why are you so convinced that SW+LN won't scale?
The price of bitcoin is around 900 usd in India.
It is just a matter of time when the rise from India spills over to other markets. In fact, the price of bitcoin have been above the other markets for some time (thanks to the cash issues I suppose).
https://localbitcoins.com/country/IN
My speculation is that the majority of the weak hands have been shaken out and when we prepare for bitcoin mooning we might see actually new ATH of Monero as well both in terms of fiat and bitcoins (some of the bitcoin maximalists might diversify a little).
It is just a matter of time when the rise from India spills over to other markets. In fact, the price of bitcoin have been above the other markets for some time (thanks to the cash issues I suppose).
https://localbitcoins.com/country/IN
My speculation is that the majority of the weak hands have been shaken out and when we prepare for bitcoin mooning we might see actually new ATH of Monero as well both in terms of fiat and bitcoins (some of the bitcoin maximalists might diversify a little).
It may be, but the fundamentals simply do not support it. There is simply no way that Bitcoin, with its 1 MB blocksize limit, can make even a minuscule dent in the cash transaction market in India no matter how many large denomination Indian rupee bills are taken out of circulation by the Indian government.
Guys do you think that one day we will see 1 billion market cap for Monero?
Yes maybe tomorrow.
If not there's always the day after.
Guys do you think that one day we will see 1 billion market cap for Monero?
The price of bitcoin is around 900 usd in India.
It is just a matter of time when the rise from India spills over to other markets. In fact, the price of bitcoin have been above the other markets for some time (thanks to the cash issues I suppose).
https://localbitcoins.com/country/IN
My speculation is that the majority of the weak hands have been shaken out and when we prepare for bitcoin mooning we might see actually new ATH of Monero as well both in terms of fiat and bitcoins (some of the bitcoin maximalists might diversify a little).
It is just a matter of time when the rise from India spills over to other markets. In fact, the price of bitcoin have been above the other markets for some time (thanks to the cash issues I suppose).
https://localbitcoins.com/country/IN
My speculation is that the majority of the weak hands have been shaken out and when we prepare for bitcoin mooning we might see actually new ATH of Monero as well both in terms of fiat and bitcoins (some of the bitcoin maximalists might diversify a little).
not the first time i am hearing that ... btc in india 900 $ ... yeah ... on the other hand their volume is fucking insane ... almost 300 btc in a whole week :O WOW that will drive the price up, for sure ...
(source for volume: https://coin.dance/volume/localbitcoins/INR)
but hey i guess it will drive the price, even if its just a bad joke with that volume, but because people like you beliefe what the pumpers tell them, im almost sure that plan will work and btc will go up ... but for sure not because of the price in india but because of the pumpers that spread such "lies" :O
sry i hope thats not to personal, i'm just sick of that india pumping joke ...
TC is intellectually challenged by just everything. So don't take to much weight in what he says. Just smile and pet him well. I think his zcash long just makes him feel smarter since it will become the leading world currencie soon thank to the most talented devs in history (zcash team)
Lol ZKP indeed
The price of bitcoin is around 900 usd in India.
It is just a matter of time when the rise from India spills over to other markets. In fact, the price of bitcoin have been above the other markets for some time (thanks to the cash issues I suppose).
https://localbitcoins.com/country/IN
My speculation is that the majority of the weak hands have been shaken out and when we prepare for bitcoin mooning we might see actually new ATH of Monero as well both in terms of fiat and bitcoins (some of the bitcoin maximalists might diversify a little).
It is just a matter of time when the rise from India spills over to other markets. In fact, the price of bitcoin have been above the other markets for some time (thanks to the cash issues I suppose).
https://localbitcoins.com/country/IN
My speculation is that the majority of the weak hands have been shaken out and when we prepare for bitcoin mooning we might see actually new ATH of Monero as well both in terms of fiat and bitcoins (some of the bitcoin maximalists might diversify a little).
not the first time i am hearing that ... btc in india 900 $ ... yeah ... on the other hand their volume is fucking insane ... almost 300 btc in a whole week :O WOW that will drive the price up, for sure ...
(source for volume: https://coin.dance/volume/localbitcoins/INR)
but hey i guess it will drive the price, even if its just a bad joke with that volume, but because people like you beliefe what the pumpers tell them, im almost sure that plan will work and btc will go up ... but for sure not because of the price in india but because of the pumpers that spread such "lies" :O
sry i hope thats not to personal, i'm just sick of that india pumping joke ...
TC is intellectually challenged by just everything. So don't take to much weight in what he says. Just smile and pet him well. I think his zcash long just makes him feel smarter since it will become the leading world currencie soon thank to the most talented devs in history (zcash team)
The price of bitcoin is around 900 usd in India.
It is just a matter of time when the rise from India spills over to other markets. In fact, the price of bitcoin have been above the other markets for some time (thanks to the cash issues I suppose).
https://localbitcoins.com/country/IN
My speculation is that the majority of the weak hands have been shaken out and when we prepare for bitcoin mooning we might see actually new ATH of Monero as well both in terms of fiat and bitcoins (some of the bitcoin maximalists might diversify a little).
It is just a matter of time when the rise from India spills over to other markets. In fact, the price of bitcoin have been above the other markets for some time (thanks to the cash issues I suppose).
https://localbitcoins.com/country/IN
My speculation is that the majority of the weak hands have been shaken out and when we prepare for bitcoin mooning we might see actually new ATH of Monero as well both in terms of fiat and bitcoins (some of the bitcoin maximalists might diversify a little).
not the first time i am hearing that ... btc in india 900 $ ... yeah ... on the other hand their volume is fucking insane ... almost 300 btc in a whole week :O WOW that will drive the price up, for sure ...
(source for volume: https://coin.dance/volume/localbitcoins/INR)
but hey i guess it will drive the price, even if its just a bad joke with that volume, but because people like you beliefe what the pumpers tell them, im almost sure that plan will work and btc will go up ... but for sure not because of the price in india but because of the pumpers that spread such "lies" :O
sry i hope thats not to personal, i'm just sick of that india pumping joke ...
The price of bitcoin is around 900 usd in India.
It is just a matter of time when the rise from India spills over to other markets. In fact, the price of bitcoin have been above the other markets for some time (thanks to the cash issues I suppose).
https://localbitcoins.com/country/IN
It is just a matter of time when the rise from India spills over to other markets. In fact, the price of bitcoin have been above the other markets for some time (thanks to the cash issues I suppose).
https://localbitcoins.com/country/IN
Price might be up in India ... volume isn't yet - click 'Switch to BTC'
https://coin.dance/volume/localbitcoins/INR
Looks more like opportunistic sellers marking up the price in the same way that black market 'entrepeneurs' are offering 400 rps for old 500 old rupee notes to save others the hassle of exchanging them (or can't for legal reasons), and then doing it themselves
If volume increases, you may be right, but til then, it does not say much to me.
The price of bitcoin is around 900 usd in India.
It is just a matter of time when the rise from India spills over to other markets. In fact, the price of bitcoin have been above the other markets for some time (thanks to the cash issues I suppose).
https://localbitcoins.com/country/IN
My speculation is that the majority of the weak hands have been shaken out and when we prepare for bitcoin mooning we might see actually new ATH of Monero as well both in terms of fiat and bitcoins (some of the bitcoin maximalists might diversify a little).
It is just a matter of time when the rise from India spills over to other markets. In fact, the price of bitcoin have been above the other markets for some time (thanks to the cash issues I suppose).
https://localbitcoins.com/country/IN
My speculation is that the majority of the weak hands have been shaken out and when we prepare for bitcoin mooning we might see actually new ATH of Monero as well both in terms of fiat and bitcoins (some of the bitcoin maximalists might diversify a little).
Whatever the 'reason' buy side is ramping up and coins for sale lower than it has been - volume very strong.
Bullish (for now) - and BTC seems out of steam for breaking 750 and staying over.
Will sell a few as I don't think this run will take us back up all the way, but it's a spike worth playing a little.
Maybe the GUI really is Soon™, who knows....
Bullish (for now) - and BTC seems out of steam for breaking 750 and staying over.
Will sell a few as I don't think this run will take us back up all the way, but it's a spike worth playing a little.
Maybe the GUI really is Soon™, who knows....
The GUI was ready a week ago, Devs said there is nothing more they can do before release. Seems like it's only Fluffy holding up the release now unless some other bug was found that I haven't seen written publicly about yet.
Please read more carefully when you try to repeat something. The GUI is in a frozen code ready state, not everything that can be done is done state, also it is not fluffy holding up, but they are waiting for another fix for an issue with the daemon so there will be a new point release ( 0.10.1 ) as the GUI and the old release 0.10 do not work properly together ... so one needs the other to get a GUI beta release for the public.
So please stop calling names if you do not know what you are doing. Attitudes like that can drive away good people.
Which Fluffy said would take a couple of days to do. . . 8 days ago. So unless something else came up (which I assume it has) then it should have been released end of last week.
always fun to have people like you who always expect everything from everyone else... why don't you compile the damn GUI for yourself, the instructions are on the github and it's almost as ready as can be... The fact that you, while nagging about the GUI and not doing anything yourself, are implying that FluffyPony (who has been the most excellent steward for this project one could ever imagine) is 'holding up' is just beyond preposterous...
you deserve a big fat GFY
Whatever the 'reason' buy side is ramping up and coins for sale lower than it has been - volume very strong.
Bullish (for now) - and BTC seems out of steam for breaking 750 and staying over.
Will sell a few as I don't think this run will take us back up all the way, but it's a spike worth playing a little.
Maybe the GUI really is Soon™, who knows....
Bullish (for now) - and BTC seems out of steam for breaking 750 and staying over.
Will sell a few as I don't think this run will take us back up all the way, but it's a spike worth playing a little.
Maybe the GUI really is Soon™, who knows....
The GUI was ready a week ago, Devs said there is nothing more they can do before release. Seems like it's only Fluffy holding up the release now unless some other bug was found that I haven't seen written publicly about yet.
Please read more carefully when you try to repeat something. The GUI is in a frozen code ready state, not everything that can be done is done state, also it is not fluffy holding up, but they are waiting for another fix for an issue with the daemon so there will be a new point release ( 0.10.1 ) as the GUI and the old release 0.10 do not work properly together ... so one needs the other to get a GUI beta release for the public.
So please stop calling names if you do not know what you are doing. Attitudes like that can drive away good people.
. He is probably doing their job now... Our devs can not be everywhere u know 
Whatever the 'reason' buy side is ramping up and coins for sale lower than it has been - volume very strong.
Bullish (for now) - and BTC seems out of steam for breaking 750 and staying over.
Will sell a few as I don't think this run will take us back up all the way, but it's a spike worth playing a little.
Maybe the GUI really is Soon™, who knows....
Bullish (for now) - and BTC seems out of steam for breaking 750 and staying over.
Will sell a few as I don't think this run will take us back up all the way, but it's a spike worth playing a little.
Maybe the GUI really is Soon™, who knows....
The GUI was ready a week ago, Devs said there is nothing more they can do before release. Seems like it's only Fluffy holding up the release now unless some other bug was found that I haven't seen written publicly about yet.
Please read more carefully when you try to repeat something. The GUI is in a frozen code ready state, not everything that can be done is done state, also it is not fluffy holding up, but they are waiting for another fix for an issue with the daemon so there will be a new point release ( 0.10.1 ) as the GUI and the old release 0.10 do not work properly together ... so one needs the other to get a GUI beta release for the public.
So please stop calling names if you do not know what you are doing. Attitudes like that can drive away good people.
Which Fluffy said would take a couple of days to do. . . 8 days ago. So unless something else came up (which I assume it has) then it should have been released end of last week.
Whatever the 'reason' buy side is ramping up and coins for sale lower than it has been - volume very strong.
Bullish (for now) - and BTC seems out of steam for breaking 750 and staying over.
Will sell a few as I don't think this run will take us back up all the way, but it's a spike worth playing a little.
Maybe the GUI really is Soon™, who knows....
Bullish (for now) - and BTC seems out of steam for breaking 750 and staying over.
Will sell a few as I don't think this run will take us back up all the way, but it's a spike worth playing a little.
Maybe the GUI really is Soon™, who knows....
The GUI was ready a week ago, Devs said there is nothing more they can do before release. Seems like it's only Fluffy holding up the release now unless some other bug was found that I haven't seen written publicly about yet.
Please read more carefully when you try to repeat something. The GUI is in a frozen code ready state, not everything that can be done is done state, also it is not fluffy holding up, but they are waiting for another fix for an issue with the daemon so there will be a new point release ( 0.10.1 ) as the GUI and the old release 0.10 do not work properly together ... so one needs the other to get a GUI beta release for the public.
So please stop calling names if you do not know what you are doing. Attitudes like that can drive away good people.
Whatever the 'reason' buy side is ramping up and coins for sale lower than it has been - volume very strong.
Bullish (for now) - and BTC seems out of steam for breaking 750 and staying over.
Will sell a few as I don't think this run will take us back up all the way, but it's a spike worth playing a little.
Maybe the GUI really is Soon™, who knows....
Bullish (for now) - and BTC seems out of steam for breaking 750 and staying over.
Will sell a few as I don't think this run will take us back up all the way, but it's a spike worth playing a little.
Maybe the GUI really is Soon™, who knows....
The GUI was ready a week ago, Devs said there is nothing more they can do before release. Seems like it's only Fluffy holding up the release now unless some other bug was found that I haven't seen written publicly about yet.
Whatever the 'reason' buy side is ramping up and coins for sale lower than it has been - volume very strong.
Bullish (for now) - and BTC seems out of steam for breaking 750 and staying over.
Will sell a few as I don't think this run will take us back up all the way, but it's a spike worth playing a little.
Maybe the GUI really is Soon™, who knows....
Bullish (for now) - and BTC seems out of steam for breaking 750 and staying over.
Will sell a few as I don't think this run will take us back up all the way, but it's a spike worth playing a little.
Maybe the GUI really is Soon™, who knows....
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