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Topic: [XMR] Monero Speculation - page 957. (Read 3314350 times)

hero member
Activity: 687
Merit: 500
novag
October 30, 2016, 03:19:46 PM
As I said, Bitcoin is going down, as a sharp increase in unstable condition, I think will fall to $ 400-600 by the end of the year, further stabilization and, depending on the world economy a slight increase.
legendary
Activity: 1456
Merit: 1000
October 30, 2016, 03:14:44 PM
Have you compiled the GUI code and assisted with testing?

I will be compiling the GUI on a newly built Xubuntu 16.x machine this week, who do I report my results to?

Probably best places are github and the monero-dev IRC channel.  I'll let debruyne or one of the other guys give confirm as they are more familiar with the process.
sr. member
Activity: 672
Merit: 250
October 30, 2016, 02:44:18 PM
Have you compiled the GUI code and assisted with testing?

I will be compiling the GUI on a newly built Xubuntu 16.x machine this week, who do I report my results to?
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
October 30, 2016, 02:32:07 PM
^ Thanks aerbax, again very much appreciated.
full member
Activity: 201
Merit: 100
October 30, 2016, 01:48:08 PM
Monero/Kovri dev meeting note highlights - 2016-10-30:

https://hellomonero.com/article/monerokovri-dev-meeting-note-highlights-2016-10-30

Note:  There was a time mixup, so the meeting was more informal than it usually is.  So in addition to the small amount of actual notes, I've added some news/notes that I gathered from the various Monero discussion forums...
legendary
Activity: 1456
Merit: 1000
October 30, 2016, 12:41:32 PM
I just read something interesting in the chat and I think that is something everyone here agrees and maybe we can for only one time work together to tell the devs how urgent that is. Very simple expression:

If XMR won't have a GUI before AB will disappear (without any other market using XMR), XMR will be quite dead and probably never recover to find a large adoption.

Have you compiled the GUI code and assisted with testing?
newbie
Activity: 46
Merit: 0
October 30, 2016, 12:29:34 PM
I just read something interesting in the chat and I think that is something everyone here agrees and maybe we can for only one time work together to tell the devs how urgent that is. Very simple expression:

If XMR won't have a GUI before AB will disappear (without any other market using XMR), XMR will be quite dead and probably never recover to find a large adoption.
newbie
Activity: 7
Merit: 0
October 30, 2016, 11:53:15 AM
What an interesting time to be following crypto eh!

Its also very quiet here! Definitely uncertain times
legendary
Activity: 930
Merit: 1010
October 30, 2016, 05:54:26 AM


Quote
Every day thousands of crimes that result in long prison terms are carried out with BTC and very, if any, arrests are made soley because of lack of anonymity of BTC.

Stop fucking lying. You don't help! You make looking the XMR community like a heap of stuborn idiots.

Give me 150 links of crimes carried out with BTC and result in long term prison of people who where judged gultiy on wednesday (50), thursday(50) and friday(50) last week.
Must be very easy with claimed 3000. I have not so much money but i'll give you 5 BTC if that is true! I can put it in escrow at bitcoinmagazine.

Just stop talking this dubios crazy shit here. Stop connect it with XMR. Make another thread like "Strange random theories and claims without any source"


Try reading my post again and see if you comprehend it better that time. I missed the word 'could' which probably made it hard to understand.

Although you come of as very angry, so I'm sure you'll try to misunderstand again.
newbie
Activity: 46
Merit: 0
October 30, 2016, 05:51:15 AM
I think it is prudent to waite to which level Zcash will settle and then buy some. I am pretty confident it will be valuable as well - it might even gain official currency status somewhere. The stength of Zcash is its community. Only the super pumped price prevents me from buying some.

For Monero, it is a currency for everyday people and probably chosen by drug dealers and drug addicts. Monero is a decent currency but I am afraid the Zcash has done things better. No, tech is not the most important thing and as we can see from the current system, Zcash type of solution with the brightest minds probably in the world + supposedly a lot of money backing is a way to success, but as I said, personally I would waite until the price settles somewhere and not to go all in. Buying just some in case of it will overtake Monero.

Somebody asked about the GUI, it will probably not be released any time soon (might be that the developers need to rebuy before the release).

Please just leave the XMR community and buy zcash and load your shit there. Its incredible how stupid you are, sorry!! But it is nothing you dont already know. You are running behind very hype and never take advance of it. Go buy zcash. It is cheap at the moment, it was nearly you target of 10.000$. Soon it will be 10.000$ or 500.000$!! I totally agree, so just go and buy. It will be the official world leading currency soon. Buy it now as long as it is cheap Smiley
And you with your fake accounts at reddit, polo and here. Always the same style of writing, hyping everywhere "TrueCryptonaire is such a great rich, positive and funny guy. Listen to him" This community will take so much advance if you just go to zcash.

Quote
Every day thousands of crimes that result in long prison terms are carried out with BTC and very, if any, arrests are made soley because of lack of anonymity of BTC.

Stop fucking lying. You don't help! You make looking the XMR community like a heap of stuborn idiots.

Give me 150 links of crimes carried out with BTC and result in long term prison of people who where judged gultiy on wednesday (50), thursday(50) and friday(50) last week.
Must be very easy with claimed 3000. I have not so much money but i'll give you 5 BTC if that is true! I can put it in escrow at bitcoinmagazine.

Just stop talking this dubios crazy shit here. Stop connect it with XMR. Make another thread like "Strange random theories and claims without any source"
hero member
Activity: 493
Merit: 551
October 30, 2016, 05:18:16 AM
Just a note to the devs/team, I think if much more people would realize that the coming Ring CT on Monero mainnet is similar effective like Zerocashs Zero-Knowledge-Proof, they would know to valuate XMR higher.

One part of the XMR Ring CT paper states:

Quote
The
Ring CT protocol allows hidden amounts, origins, and destinations for
transactions which is somewhat similar to Zerocash
[BSCG+14]. One
possible differentiator is that the use of proof of work for coin generation
is possible with Ring CT as opposed to in ZeroCash, where it
seems all coins must be pregenerated by a trusted group

So Ring CT is like Zcash on Monero, but without the trusted setup.
I see it as important to inform the cryptocommunity better about this fact.
Perhaps a video would work, as far as I know there is somebody working on several videos about XMR.


So XMR with Ring CT + GUI + KOVRI > ZCash
hero member
Activity: 493
Merit: 551
October 30, 2016, 04:34:32 AM
I wonder what will happen when zcash will be implemented by any darkmarkets or so  Huh

I would be very, very surprised if any darkmarket would implement Zcash because of its investors background. Wink
legendary
Activity: 930
Merit: 1010
October 30, 2016, 04:33:36 AM
Well guys... hmm, some weekend so far, eh?  Never a dull moment 'round here in crypto-land LOL

As a little distraction from this Great Halloween ALT Massacre Of 2016™ just thought I'd throw this out there for something to think about...

1. Bitcoin back on the rise as the Belle Of The Ball, again, and alt-coin money flowing back to the Mothership?  

2. Thus maybe new ATH coming soon for Honey Badger on the strength of Chinese Yuan devaluation yet again and/or maybe finally finally finally SOME break of the block-size stalemate, chinese miners actually maybe gonna make the move to BU???

3. Number #1 and #2 maybe leading to Winki ETF approval (soon™?) and thus mega-epic flow of Wall Street Money into bitcoin, market cap quickly going from 10 Billion to conservatively maybe 50 Billion?

4. Pirate Party in Iceland possibly on the verge of winning political power this weekend, on partial strength of their policy to make Bitcoin an "official" currency of a real, honest to God, actual country's legal government?

5. Number #3 50 Billion Market Cap and #4 about Bitcoin in Iceland leading to implementation of Speculative Attack (http://nakamotoinstitute.org/mempool/speculative-attack/) and HyperBitcoinization (http://nakamotoinstitute.org/mempool/hyperbitcoinization/) scenario...?

Anyone seeing this play out this way or am I just in fantasyland yet again? LOL


I respectfully believe you are in fantasyland.  When the article about hyperbitcoinization was written, that was the time when we didn't realize yet that bitcoin was not as anonymous as it could be, and the prevalent idea was that 'there could be only one'.
Nowadays we can shapeshift a bitcoin in any other shape we want, and therefore i think that eventually people will loose interest in bitcoin itself and move on to other forms of money that better suit the purpose of the person holding it. Why would people in iceland keep their value in bitcoin and not in monero?

Except users don't seem to need more anonymity at the moment. Every day thousands of crimes that could result in long prison terms are carried out with BTC and very few, if any, arrests are made soley because of lack of anonymity of BTC.

Coinjoins and tumblers seem to work very good so far, and bitcoins anonymity is ofc, also subject to change with much work getting put in to it, and with side chains BTC can have as much anonymity as any crypto can offer.

And ofc, if you ask the authors of the author of the paper he'd stand by his words. He's no more into altcoin now than he was when he wrote the paper. And he's btw spending his time writing software to improve the fungebility of bitcoin.
hero member
Activity: 1246
Merit: 708
October 30, 2016, 04:27:53 AM
Monero recover quite good yesterday but I think it fall under yestardays lows..
I wonder what will happen when zcash will be implemented by any darkmarkets or so  Huh
legendary
Activity: 930
Merit: 1010
October 30, 2016, 04:21:26 AM
Quote
2. Thus maybe new ATH coming soon for Honey Badger on the strength of Chinese Yuan devaluation yet again and/or maybe finally finally finally SOME break of the block-size stalemate, chinese miners actually maybe gonna make the move to BU???

Don't be retarded. It's only victims of dunning kruger who actually think BU have something to offer.

Fortuntaly most miners are technical and understand how much BU sucks.
legendary
Activity: 1092
Merit: 1000
October 30, 2016, 01:03:31 AM
I think it is prudent to waite to which level Zcash will settle and then buy some. I am pretty confident it will be valuable as well - it might even gain official currency status somewhere. The stength of Zcash is its community. Only the super pumped price prevents me from buying some.

For Monero, it is a currency for everyday people and probably chosen by drug dealers and drug addicts. Monero is a decent currency but I am afraid the Zcash has done things better. No, tech is not the most important thing and as we can see from the current system, Zcash type of solution with the brightest minds probably in the world + supposedly a lot of money backing is a way to success, but as I said, personally I would waite until the price settles somewhere and not to go all in. Buying just some in case of it will overtake Monero.

Somebody asked about the GUI, it will probably not be released any time soon (might be that the developers need to rebuy before the release).
donator
Activity: 1722
Merit: 1036
October 29, 2016, 09:34:02 PM
I did not mean this quickly  Tongue

Now, it is extremely oversold.

Well shame that I had other business to not catch the dip (but good that I withdrew my higher bids upon recommendation).

The market action seems negative nevertheless, and the attraction of 0.004 even more clearer.
legendary
Activity: 1610
Merit: 1004
October 29, 2016, 05:37:04 PM
...

ZEC will not even have full rewards for 30+ days. I think trying to price it currently is impossible. Give it a few weeks and I bet it has a pretty large market cap (not that I really judge coins by that).

In a few months maybe. My initial thought was 6 - 9 months. What I did not take into account was the horrid combination of a very sophisticated marketing campaign with the ultra slow initial emission. What this has done is hurt Zcash; however it has not changed the reality that ZCash is not a real competitor to Monero until it can muster a valid market capitalization based upon a realistic valuation of the individual tokens. In the meantime a lot can happen with Monero.

All that matters is the hype and marketing. No one really uses alt coins for anything other than speculation. It will be interesting to watch either way!

I use Monero in just about every instance that I can (spend it using XMR.to), because I value the additional privacy benefits. I don't like the spying that banks and BTC companies do on your purchasing habits. This is a real world use case, right now. I agree there are a lot of people just speculating, but it's not everyone.  Smiley
legendary
Activity: 2282
Merit: 1050
Monero Core Team
October 29, 2016, 05:32:58 PM
...

All that matters is the hype and marketing. No one really uses alt coins for anything other than speculation. It will be interesting to watch either way!

Over the short term maybe. Over the long term it matters zilch. What really matters is fundamentals.
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