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Other => Random Discussion => Topic started by: Ander on February 13, 2016, 12:46:36 am

Title: Monero
Post by: Ander on February 13, 2016, 12:46:36 am
Absolutely massive breakout on XMR, breaking the weekly downtrend line of an 18 month bear market. 

(https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2FRe2UVrz.png&t=561&c=2UTD6nnqiXjSNg)

167k was the key level. 


Imo Monero will now become the #1 privacy coin, surpassing Dash market cap.
Title: Re: Monero
Post by: Ander on February 13, 2016, 12:49:10 am
https://moneroeconomy.com/faq/why-monero-matters

https://www.reddit.com/r/Monero/comments/2u4m2u/the_thee_pillars_of_monero/



In Monero, there is none of the bullshit like where some BTS community member sends 5M BTS to poloniex, and everyone posts about it here, and dumps.  Nope, because you cannot know.
Title: Re: Monero
Post by: Ander on February 13, 2016, 12:53:17 am
(https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2FxBm16jB.png%3F1&t=561&c=_ry-TiDUvzFkrA)
Title: Re: Monero
Post by: onceuponatime on February 13, 2016, 01:18:33 am
Absolutely massive breakout on XMR, breaking the weekly downtrend line of an 18 month bear market. 

(https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2FRe2UVrz.png&t=561&c=2UTD6nnqiXjSNg)

167k was the key level. 


Imo Monero will now become the #1 privacy coin, surpassing Dash market cap.

With STEALTH coming out next Thursday, why wouldn't you think that BitShares will now become the #1 privacy coin?
Title: Re: Monero
Post by: Ander on February 13, 2016, 01:29:03 am

With STEALTH coming out next Thursday, why wouldn't you think that BitShares will now become the #1 privacy coin?

Monero's privacy features are vastly superior to bitshares.

(Bitshares is amazing at some other things of course, that Monero doesnt do.  Monero is purely a currency coin).
Title: Re: Monero
Post by: Empirical1.2 on February 13, 2016, 03:56:20 am

With STEALTH coming out next Thursday, why wouldn't you think that BitShares will now become the #1 privacy coin?

Monero's privacy features are vastly superior to bitshares.

(Bitshares is amazing at some other things of course, that Monero doesnt do.  Monero is purely a currency coin).

Also I imagine there will be a significant cost difference too, in that Stealth will be pretty expensive.

I've heard trollboxing about Vanillacoin's chainblender being released soon that supposedly does what DASH mixing does but in a minute vs. up to an hour or something. Don't know much about these things though.
Title: Re: Monero
Post by: Ander on February 13, 2016, 04:01:00 am

With STEALTH coming out next Thursday, why wouldn't you think that BitShares will now become the #1 privacy coin?

Monero's privacy features are vastly superior to bitshares.

(Bitshares is amazing at some other things of course, that Monero doesnt do.  Monero is purely a currency coin).

Also I imagine there will be a significant cost difference too, in that Stealth will be pretty expensive.

I've heard trollboxing about Vanillacoin's chainblender being released soon that supposedly does what DASH mixing does but in a minute vs. up to an hour or something. Don't know much about these things though.

Monero privacy with ring confidential transactions is better than any mixing, whether its Dash or Vanillacoin or Bitcoin mixer. :)
Title: Re: Monero
Post by: tonyk on February 13, 2016, 04:01:21 am
BM deciding to go for the half-assed stealth is funny [if it was not sad], especially if you are aware of his love of sub-optimal solutions.
Title: Re: Monero
Post by: Brekyrself on February 13, 2016, 04:02:15 am

With STEALTH coming out next Thursday, why wouldn't you think that BitShares will now become the #1 privacy coin?

Monero's privacy features are vastly superior to bitshares.

(Bitshares is amazing at some other things of course, that Monero doesnt do.  Monero is purely a currency coin).

When you start reading this thread by an old time member I'm not so sure: https://bitcointalk.org/index.php?topic=1319681.0

I'm not 100% technical on the code base however AnonyMint points out some interesting things on all these "privacy" coins.
Title: Re: Monero
Post by: Tuck Fheman on February 13, 2016, 04:38:46 am
BM deciding to go for the half-assed stealth is funny [if it was not sad], especially if you are aware of his love of sub-optimal solutions.

(http://cdn.abclocal.go.com/content/kabc/images/cms/452545_1280x720.jpg)
Title: Re: Monero
Post by: Ander on February 13, 2016, 05:16:07 am

With STEALTH coming out next Thursday, why wouldn't you think that BitShares will now become the #1 privacy coin?

Monero's privacy features are vastly superior to bitshares.

(Bitshares is amazing at some other things of course, that Monero doesnt do.  Monero is purely a currency coin).

When you start reading this thread by an old time member I'm not so sure: https://bitcointalk.org/index.php?topic=1319681.0


Go do research.
(Also, that TPTB_need_war guy has very different views on some things, like he doesnt even believe satoshi solved the byzantine generals problem)



Title: Re: Monero
Post by: chryspano on February 13, 2016, 06:37:09 am
What resources/effort  do you need in order to "break" monero's stealth and what resources do you need for BTS stealth?
Title: Re: Monero
Post by: cube on February 13, 2016, 07:20:26 am
What is up with Monero's sudden jump?  Didn't their main devs fluffy and smooth pretty much stop working on it?
Title: Re: Monero
Post by: Ander on February 13, 2016, 08:39:42 am
What resources/effort  do you need in order to "break" monero's stealth and what resources do you need for BTS stealth?

Once Monero implements Ring Confidential Transactions (in progress), and now that they added a minimum mixin level of 2 (minimum ring size, this update will occur once the hard fork goes live at some block #), its incredibly hard to break Monero's privacy, if its possible at all. 

Not sure about Bitshares.


Monero passed Emercoin.  Hitting new all time high market cap levels with each rise.


Title: Re: Monero
Post by: Ander on February 13, 2016, 08:40:45 am
What is up with Monero's sudden jump?  Didn't their main devs fluffy and smooth pretty much stop working on it?

Development work has actually increased greatly recently.  Ring CT is in progress now, multisig is now in progress, and funding was raised to make a GUI by the community.  (They raised like 18000 XMR for it in 13 hours).
Title: Re: Monero
Post by: chryspano on February 13, 2016, 09:25:01 am
What resources/effort  do you need in order to "break" monero's stealth and what resources do you need for BTS stealth?

Once Monero implements Ring Confidential Transactions (in progress), and now that they added a minimum mixin level of 2 (minimum ring size, this update will occur once the hard fork goes live at some block #), its incredibly hard to break Monero's privacy, if its possible at all. 

Not sure about Bitshares.


Monero passed Emercoin.  Hitting new all time high market cap levels with each rise.

My guess is that BTS stealth will be more than enought for the 99,99% of the population, monero on the other hand might be more suitable for more "shady" transactions(If they really have a beter stealh feature) but they will atract the attention of three letter agencies at some point, they need to be "100% invinsible", we just need to be "stealthy enought". 

I would say that monero is crypto 1.1  <<<===soonish dead version
Title: Re: Monero
Post by: Ander on February 13, 2016, 09:43:44 am
I disagree, I think monero is the ideal crypto CURRENCY.  It should replace BTC.

BTS, ETH, etc are awesome crypto projects and platforms and will do great.  They arent really currencies, so they are not in competition.
Title: Re: Monero
Post by: cube on February 13, 2016, 10:50:22 am
What is up with Monero's sudden jump?  Didn't their main devs fluffy and smooth pretty much stop working on it?

Development work has actually increased greatly recently.  Ring CT is in progress now, multisig is now in progress, and funding was raised to make a GUI by the community.  (They raised like 18000 XMR for it in 13 hours).

Wow.. the community there is supportive.
Title: Re: Monero
Post by: lil_jay890 on February 13, 2016, 01:45:50 pm
Here folks we are experiencing one of cryptos greatest wonders,  the Ander pump...

Legend has it that whenever this scholar promoted an early crypto currency, a curse was put on it that retarded all market cap growth. In most cases, the cursed currency became a mere shell of itself, never surpassing its pre pump high...

Historians are still debating the death of what some call the anti predictor. But it's commonly accepted that he was run over by a bus of a developer of a coin he pumped that inherently failed.  Though his passing was sad, crypto innovation began to bloom once the fear of the death pump was gone.

Title: Re: Monero
Post by: BunkerChainLabs-DataSecurityNode on February 13, 2016, 02:31:45 pm
Here folks we are experiencing one of cryptos greatest wonders,  the Ander pump...

Legend has it that whenever this scholar promoted an early crypto currency, a curse was put on it that retarded all market cap growth. In most cases, the cursed currency became a mere shell of itself, never surpassing its pre pump high...

Historians are still debating the death of what some call the anti predictor. But it's commonly accepted that he was run over by a bus of a developer of a coin he pumped that inherently failed.  Though his passing was sad, crypto innovation began to bloom once the fear of the death pump was gone.

haha.. that gave me my morning laugh.. thanks :)  +5%
Title: Re: Monero
Post by: Akado on February 13, 2016, 03:08:44 pm
What resources/effort  do you need in order to "break" monero's stealth and what resources do you need for BTS stealth?

Once Monero implements Ring Confidential Transactions (in progress), and now that they added a minimum mixin level of 2 (minimum ring size, this update will occur once the hard fork goes live at some block #), its incredibly hard to break Monero's privacy, if its possible at all. 

Not sure about Bitshares.


Monero passed Emercoin.  Hitting new all time high market cap levels with each rise.

My guess is that BTS stealth will be more than enought for the 99,99% of the population, monero on the other hand might be more suitable for more "shady" transactions(If they really have a beter stealh feature) but they will atract the attention of three letter agencies at some point, they need to be "100% invinsible", we just need to be "stealthy enought". 

I would say that monero is crypto 1.1  <<<===soonish dead version

There's no thing as "steathly enough", or half anonymity,  it either is, or isn't, there is no half term. From the moment you a "little not stealthy", you're just "not stealthy"

That's why I conflicted with STEALTH at first, I don't want something that protects me a little, either it does or doesn't.

But I guess some coins can provide you anonymity and other can provide privacy so, we don't necessarily need both even though it would be preferable.
Title: Re: Monero
Post by: jsidhu on February 13, 2016, 03:11:43 pm
So obvious that ander went all in on this one
Title: Re: Monero
Post by: nomoreheroes7 on February 13, 2016, 03:49:50 pm
In Monero, there is none of the bullshit like where some BTS community member sends 5M BTS to poloniex, and everyone posts about it here, and dumps.  Nope, because you cannot know.

I really, really, really do hate that about BTS in its current state...
Title: Re: Monero
Post by: tonyk on February 13, 2016, 03:55:16 pm
In Monero, there is none of the bullshit like where some BTS community member sends 5M BTS to poloniex, and everyone posts about it here, and dumps.  Nope, because you cannot know.

I really, really, really do hate that about BTS in its current state...
Not that I am big fan of public restrooms with bay windows, but we will see how much difference being stealthy makes in 5 days or so.
Title: Re: Monero
Post by: btswildpig on February 13, 2016, 04:07:26 pm
I could not and will not buy a crypto with a random name which happened to be the name of the character in the TV show "Grimm" that I've been watching .
Title: Re: Monero
Post by: chryspano on February 13, 2016, 04:25:46 pm
There's no thing as "steathly enough", or half anonymity,  it either is, or isn't, there is no half term. From the moment you a "little not stealthy", you're just "not stealthy"

That's why I conflicted with STEALTH at first, I don't want something that protects me a little, either it does or doesn't.

But I guess some coins can provide you anonymity and other can provide privacy so, we don't necessarily need both even though it would be preferable.

I don't know how exactly stealth work, but if it can take a goverment a few weeks in order to "break"  a stealth account then this is "stealthy enought" for me, this means that 99,99% of the population is safe because of the time needed to "break" every account. But as I said, I have no clue how it works /what I'm talking here, it's all guesses. In other words, a buletproof vest and a helmet might not make us invulnerable  but it's better than nothing and we can always wear our "invulnerability suit" in the future when it's available.
Title: Re: Monero
Post by: cylonmaker2053 on February 13, 2016, 05:04:19 pm
I disagree, I think monero is the ideal crypto CURRENCY.  It should replace BTC.

BTS, ETH, etc are awesome crypto projects and platforms and will do great.  They arent really currencies, so they are not in competition.

You nailed it here...completely agree! Monero is the idea cryptocurrency, the perfect version of digital cash.
Title: Re: Monero
Post by: Ander on February 13, 2016, 07:42:49 pm
Here folks we are experiencing one of cryptos greatest wonders,  the Ander pump...

Legend has it that whenever this scholar promoted an early crypto currency, a curse was put on it that retarded all market cap growth. In most cases, the cursed currency became a mere shell of itself, never surpassing its pre pump high...

Historians are still debating the death of what some call the anti predictor. But it's commonly accepted that he was run over by a bus of a developer of a coin he pumped that inherently failed.  Though his passing was sad, crypto innovation began to bloom once the fear of the death pump was gone.

Funny but I dont think I mad at all to do with this, other than buying some XMR.
Title: Re: Monero
Post by: Ander on February 13, 2016, 07:56:32 pm
Wow Monero passed Factom and NXT.

I hope it doesn't pass Bitshares...because Bitshares rallies hard as well and stays ahead of the rise. :)
But if Bitshares doesnt rise I think Monero will pass it this week.
Title: Re: Monero
Post by: Akado on February 13, 2016, 08:39:03 pm
Wow Monero passed Factom and NXT.

I hope it doesn't pass Bitshares...because Bitshares rallies hard as well and stays ahead of the rise. :)
But if Bitshares doesnt rise I think Monero will pass it this week.

We're getting STEALTH and something wallet related on the 18th if I'm not mistaken so it might rise
Title: Re: Monero
Post by: Brekyrself on February 13, 2016, 10:49:45 pm

With STEALTH coming out next Thursday, why wouldn't you think that BitShares will now become the #1 privacy coin?

Monero's privacy features are vastly superior to bitshares.

(Bitshares is amazing at some other things of course, that Monero doesnt do.  Monero is purely a currency coin).

When you start reading this thread by an old time member I'm not so sure: https://bitcointalk.org/index.php?topic=1319681.0


Go do research.
(Also, that TPTB_need_war guy has very different views on some things, like he doesnt even believe satoshi solved the byzantine generals problem)





I've done plenty of research over the years, perhaps I missed something.  Can you show some links or git hub code on the progress?

I do not believe any of these recent pumps have to do with any coins capabilities, more so just speculation and marketing wins.
Title: Re: Monero
Post by: tonyk on February 14, 2016, 05:02:15 am
Here folks we are experiencing one of cryptos greatest wonders,  the Ander pump...

Legend has it that whenever this scholar promoted an early crypto currency, a curse was put on it that retarded all market cap growth. In most cases, the cursed currency became a mere shell of itself, never surpassing its pre pump high...

Historians are still debating the death of what some call the anti predictor. But it's commonly accepted that he was run over by a bus of a developer of a coin he pumped that inherently failed.  Though his passing was sad, crypto innovation began to bloom once the fear of the death pump was gone.

(http://i.imgur.com/WhAbjVG.png?2)
Title: Re: Monero
Post by: BunkerChainLabs-DataSecurityNode on February 14, 2016, 05:13:41 am
Here folks we are experiencing one of cryptos greatest wonders,  the Ander pump...

Legend has it that whenever this scholar promoted an early crypto currency, a curse was put on it that retarded all market cap growth. In most cases, the cursed currency became a mere shell of itself, never surpassing its pre pump high...

Historians are still debating the death of what some call the anti predictor. But it's commonly accepted that he was run over by a bus of a developer of a coin he pumped that inherently failed.  Though his passing was sad, crypto innovation began to bloom once the fear of the death pump was gone.

(http://i.imgur.com/WhAbjVG.png?2)

BEHOLD!!  LIL_JAY890 THE CRYPTO PROPHET!!

hahahaha  +5%
Title: Re: Monero
Post by: Ander on February 15, 2016, 12:24:14 am
When I originally posted this thread Monero was 167k.  Then it went to 230k.  Then it went back to 170k.  Now its going up again.

Cryptos are volatile.  But if you guys are implying I posted this at the exact top and then it tanked, thats not correct.
Title: Re: Monero
Post by: jsidhu on February 15, 2016, 04:50:30 am
Just do the opposite of what you think is right and you willmprofit
Title: Re: Monero
Post by: Ander on February 15, 2016, 11:59:10 pm
Saw this in a Monero thread:

(http://i.imgur.com/kNvte8K.png)
Title: Re: Monero
Post by: Ander on February 16, 2016, 05:22:10 am
Tonyk, you want to post a new monero chart and circle the green candles this time? :P
Title: Re: Monero
Post by: tonyk on February 16, 2016, 05:36:59 am
Tonyk, you want to post a new monero chart and circle the green candles this time? :P

I am no big believer in falling (or flying ??) knifes.

If this babe goes to a steady rapid rise I will, though!
Title: Re: Monero
Post by: lil_jay890 on February 16, 2016, 12:41:12 pm
Tonyk, you want to post a new monero chart and circle the green candles this time? :P

I am no big believer in falling (or flying ??) knifes.

If this babe goes to a steady rapid rise I will, though!

I think there is a saying out there... Something about a blind squirrel.

Anyways congrats on Ander. Maybe the curse has been broken
Title: Re: Monero
Post by: nomoreheroes7 on February 16, 2016, 04:40:23 pm
Meh, I'll stick to BitShares. The name sounds cooler.


 ;)
Title: Re: Monero
Post by: Ander on February 16, 2016, 06:32:21 pm
Meh, I'll stick to BitShares. The name sounds cooler.


 ;)

I agree with that part.  I like the name Bitshares a lot, it was attractive to me when I heard of it.  Monero sounded dumb to me when I first heard it (it means 'coin' in esperanto).  After a year or so I got over the name. :P

Title: Re: Monero
Post by: Ander on February 17, 2016, 07:12:32 am
Bunch of silly people longed it too high and got margin called apparently.  Happens to every coin not just BTS lol.

I still think it will do well long term.
Title: Re: Monero
Post by: cylonmaker2053 on February 17, 2016, 05:52:59 pm
Bunch of silly people longed it too high and got margin called apparently.  Happens to every coin not just BTS lol.

I still think it will do well long term.

i agree, Monero will be fine long run; it's the ideal digital cash.
Title: Re: Monero
Post by: Ander on February 19, 2016, 11:31:26 pm
This Monero ride is pretty wild, I must say.  But going up over time it seems.
Title: Re: Monero
Post by: cylonmaker2053 on February 19, 2016, 11:53:06 pm
This Monero ride is pretty wild, I must say.  But going up over time it seems.

as it should, IMO. i'd personally love to see Monero widely adopted as the dominant version of digital cash for payments, BTC as reserve currency, Ethereum for a range of automated business functions, and BTS for p2p asset exchange. that's my vision of an ideal crypto-utopia...
Title: Re: Monero
Post by: Ander on February 20, 2016, 12:04:12 am
This Monero ride is pretty wild, I must say.  But going up over time it seems.

as it should, IMO. i'd personally love to see Monero widely adopted as the dominant version of digital cash for payments, BTC as reserve currency, Ethereum for a range of automated business functions, and BTS for p2p asset exchange. that's my vision of an ideal crypto-utopia...

Me too except XMR instead of BTC.  I'd prefer to see BTC die because it is flawed beta tech, and all the people who buried their head in the sand and refused to look at all the other crypto technology do not deserve to win. :D
Title: Re: Monero
Post by: cylonmaker2053 on February 20, 2016, 12:06:02 am
This Monero ride is pretty wild, I must say.  But going up over time it seems.

as it should, IMO. i'd personally love to see Monero widely adopted as the dominant version of digital cash for payments, BTC as reserve currency, Ethereum for a range of automated business functions, and BTS for p2p asset exchange. that's my vision of an ideal crypto-utopia...

Me too except XMR instead of BTC.  I'd prefer to see BTC die because it is flawed beta tech, and all the people who buried their head in the sand and refused to look at all the other crypto technology do not deserve to win. :D

lol part of me agrees with your sentiment, but i still see the BTC community as being the strongest so far and the bridge that's bringing the rest of the world into crypto. BTC is kind of like our gateway drug!
Title: Re: Monero
Post by: Tuck Fheman on February 20, 2016, 12:56:53 am
This Monero ride is pretty wild, I must say.  But going up over time it seems.

as it should, IMO. i'd personally love to see Monero widely adopted as the dominant version of digital cash for payments, BTC as reserve currency, Ethereum for a range of automated business functions, and BTS for p2p asset exchange. that's my vision of an ideal crypto-utopia...

Me too except XMR instead of BTC.  I'd prefer to see BTC die because it is flawed beta tech, and all the people who buried their head in the sand and refused to look at all the other crypto technology do not deserve to win. :D

lol part of me agrees with your sentiment, but i still see the BTC community as being the strongest so far and the bridge that's bringing the rest of the world into crypto. BTC is kind of like our gateway drug!

Dogecoin is the gateway drug ... Bitcoin is the crack that gets them addicted.

But, that may change once we're "giving away the first hit for free". ;)
Title: Re: Monero
Post by: cylonmaker2053 on February 20, 2016, 04:58:23 am
Dogecoin is the gateway drug ... Bitcoin is the crack that gets them addicted.

But, that may change once we're "giving away the first hit for free". ;)

 +5%
Title: Re: Monero
Post by: Ander on March 03, 2016, 07:05:50 pm
Finally. :)
Title: Re: Monero
Post by: tonyk on March 03, 2016, 07:52:21 pm
Finally. :)

Congrats. I was wrong, you called it right.
Title: Re: Monero
Post by: Ander on March 03, 2016, 07:58:46 pm
Still not too late to buy.

But of course, now its risky in the short term.
Title: Re: Monero
Post by: chryspano on March 03, 2016, 09:20:48 pm
Still not too late to buy.

But of course, now its risky in the short term.

 :D :D :D

(http://i.imgur.com/uAgwXGO.jpg)

 :D :D :D
/Trolling
Title: Re: Monero
Post by: Ander on March 03, 2016, 09:25:29 pm
I know youre joking, but as far as coins that are trying to be currency go, Monero basically has the best distribution of all of them.  Its no premine or fastmine, with a long term emission schedule and a ~1% a year tail emission to keep it from ever becoming deflationary.
Title: Re: Monero
Post by: chryspano on March 03, 2016, 09:28:37 pm
I know youre joking, but as far as coins that are trying to be currency go, Monero basically has the best distribution of all of them.  Its no premine or fastmine, with a long term emission schedule and a ~1% a year tail emission to keep it from ever becoming deflationary.

 +5%
Title: Re: Monero
Post by: cylonmaker2053 on March 04, 2016, 01:57:50 pm
I know youre joking, but as far as coins that are trying to be currency go, Monero basically has the best distribution of all of them.  Its no premine or fastmine, with a long term emission schedule and a ~1% a year tail emission to keep it from ever becoming deflationary.

monero seems to be the best digital cash at the moment, though i also support Dash. i still consider it way undervalued, but admittedly am holding off on buying more in this big upswing.
Title: Re: Monero
Post by: infovortice2013 on March 04, 2016, 02:35:25 pm
dash use same base code that bitcoin to make it compatible thats reason i preffer xmr totally different protocol. and yeah dash is overpriced a lot lets see what happen with this 500 mhash x11asics one man is offering people still not belive XD but you can see dash chart 80-90% red daily candles from long time ago.

hope xmr mantain low prices for a time to buy some
Title: Re: Monero
Post by: Ander on March 04, 2016, 07:28:29 pm
Imo:

DASH is just mixing.  Its not really any more private than a bitcoin mixer.

Monero ring signatures offer far more fungibility/privacy than DASH, especially once the ring confidential transactions feature is finished later this year.

Also DASH had an instamine and is heavily owned by one entity.  The distribution of Monero was very fair, in fact, its probably the fairest distribution of any proof of work altcoin in the top 20 of CMC. 


Also there is this:
https://twitter.com/petertoddbtc/status/622022840330682368


Quite a number of prominant bitcoin names have said good things about the cryptography in Monero and bad things about Dash.


For these reasons I think Monero has a lot more potential than Dash. 
Further, when I see Dash at 2-3x the price of Monero, and I see that the trading volume of Monero is much greater than that of Dash, I believe there is a severe market inefficiency.  Monero should probably be 3x the price of Dash, not the other way around. 



One interesting thing about DASH is that the masternode system is actually pretty similar to Bitshares DPoS.  This polarizes people into two camps: the people who only think PoW is secure, and those who like systems such as Dash masternodes, Bitshares, PoS variants, etc.

I figure that by holding Bitshares I have the proof of stake variant part of my portfolio covered, and for the sake of diversification I had better hold a solid proof of work coin, in case the peopel who say proof of work is the only way and every PoS variant is flawed are actually correct.  So for that reason also I prefer Monero over Dash, because it is much more different from Bitshares and thus helps me to better diversify.
Title: Re: Monero
Post by: D4vegee on March 04, 2016, 08:18:57 pm
Isnt monero just another alt coin?
Title: Re: Monero
Post by: Ander on March 04, 2016, 09:57:05 pm
Isnt monero just another alt coin?

Isnt bitshares just another alt coin?

Isnt ethereum just another alt coin?
Title: Re: Monero
Post by: Ander on March 04, 2016, 10:09:20 pm
Isnt monero just another alt coin?

But seriously now:

Completely new code base from Bitcoin.  Not a copy coin like LTC, Doge, etc.

Devs have added over 275000 lines of code from the original codebase Monero was forked from.  Active, large dev team, 100% community funded.

https://getmonero.org/2016/02/10/monero-missive-2015-year-in-review.html

Based on cryptonote.  Completely different algorithm from bitcoin, so it serves as a good alternative in case of a catastrophic failure in bitcoin.  Well tested cryptography with lots of academic research, cryptonote has been around for a couple decades now.   
Title: Re: Monero
Post by: D4vegee on March 04, 2016, 10:15:26 pm
I hear what you are saying. But to investors. Its just another altcoin. As is BTS. Is Ethereum? Is safecoin? Im not sure.
Title: Re: Monero
Post by: Ander on March 04, 2016, 10:48:02 pm
I hear what you are saying. But to investors. Its just another altcoin. As is BTS. Is Ethereum? Is safecoin? Im not sure.

Investors change their mind one at a time as they individually research and wake up to what a crypto offers.  It becomes more than 'just an alt', and they realize its potential and buy in.  This applies to BTS, ETH, XMR, Maid, or whatever.
Title: Re: Monero
Post by: Methodise on March 05, 2016, 04:08:22 pm
I hear what you are saying. But to investors. Its just another altcoin. As is BTS. Is Ethereum? Is safecoin? Im not sure.


I like Monero but my book it is just a best in class altcoin, good as a bitcoin hedge as Ander suggests.

Bitshares is more comparable with Ethereum and Safecoin (were safecoin more than vapourware) imo.
Title: Re: Monero
Post by: yvv on March 05, 2016, 04:12:55 pm
Quote
Based on cryptonote.  Completely different algorithm from bitcoin, so it serves as a good alternative in case of a catastrophic failure in bitcoin.  Well tested cryptography with lots of academic research, cryptonote has been around for a couple decades now.

Why it is not in bitshares, damn it?
Title: Re: Monero
Post by: Samupaha on March 05, 2016, 05:46:00 pm
Isnt monero just another alt coin?

But seriously now:

Completely new code base from Bitcoin.  Not a copy coin like LTC, Doge, etc.

Devs have added over 275000 lines of code from the original codebase Monero was forked from.  Active, large dev team, 100% community funded.

https://getmonero.org/2016/02/10/monero-missive-2015-year-in-review.html

Based on cryptonote.  Completely different algorithm from bitcoin, so it serves as a good alternative in case of a catastrophic failure in bitcoin.  Well tested cryptography with lots of academic research, cryptonote has been around for a couple decades now.   

But it's still proof-of-work, which will make it centralized and waste huge amounts of energy if it will some day get any meaningful traction.
Title: Re: Monero
Post by: Ander on March 21, 2016, 02:20:13 am
And new Monero highs. Again.
Title: Re: Monero
Post by: giant middle finger on March 21, 2016, 04:07:09 am
Quote
Based on cryptonote.  Completely different algorithm from bitcoin, so it serves as a good alternative in case of a catastrophic failure in bitcoin.  Well tested cryptography with lots of academic research, cryptonote has been around for a couple decades now.

Why it is not in bitshares, damn it?

BitShares accomplishes the same goal with stealth transactions
Title: Re: Monero
Post by: cube on March 21, 2016, 08:58:21 am
And new Monero highs. Again.

Ander becomes a big whale in monero?
Title: Re: Monero
Post by: Ander on March 21, 2016, 04:28:32 pm
And new Monero highs. Again.

Ander becomes a big whale in monero?

My monero is worth more than my BTS, and not because I spent more money on it. :P
Title: Re: Monero
Post by: cylonmaker2053 on March 22, 2016, 02:03:22 am
And new Monero highs. Again.

Ander becomes a big whale in monero?

My monero is worth more than my BTS, and not because I spent more money on it. :P

hey, that's the power of diversification! i heart BTS, but also buy a range of interesting cryptocurrency projects.
Title: Re: Monero
Post by: Ander on March 24, 2016, 06:36:41 pm
I think Monero makes up for my whole BTS loss at this point, amazing.
Title: Re: Monero
Post by: Tuck Fheman on March 25, 2016, 09:57:16 am
I think Monero makes up for my whole BTS loss at this point, amazing.

How did you lose money on BTS?

All I can picture is this ...

(http://i.kinja-img.com/gawker-media/image/upload/s--iPc-vx9Y--/c_fit,f_auto,fl_progressive,q_80,w_636/t3bgyi4ctohsyugbfqgo.gif)

 ;)
Title: Re: Monero
Post by: liondani on March 25, 2016, 11:10:48 am
I think Monero makes up for my whole BTS loss at this point, amazing.

I am happy to know a bitshares fun are profiting from other coins! Sooner or later some of the profits* will come to bts again  :P
For the same reason I am sad when bts funs get scammed from banx-project-like crowdsales  :(


PS *but remember if you don't sell... they are still no profits...
Title: Re: Monero
Post by: BunkerChainLabs-DataSecurityNode on March 25, 2016, 01:16:23 pm
I think Monero makes up for my whole BTS loss at this point, amazing.

How did you lose money on BTS?
 ;)

He was Polo margin trading back in 2015 and wiped himself out remember?
Title: Re: Monero
Post by: Ander on March 25, 2016, 04:11:12 pm
I think Monero makes up for my whole BTS loss at this point, amazing.

How did you lose money on BTS?
 ;)

He was Polo margin trading back in 2015 and wiped himself out remember?

No.  My net result from trading BTS on polo was to make several hundred thousand BTS.

I've lost money on BTS by buying lots of it at 2 cents in 2014 and now its way less.
Title: Re: Monero
Post by: BunkerChainLabs-DataSecurityNode on March 25, 2016, 04:27:22 pm
I think Monero makes up for my whole BTS loss at this point, amazing.

How did you lose money on BTS?
 ;)

He was Polo margin trading back in 2015 and wiped himself out remember?

No.  My net result from trading BTS on polo was to make several hundred thousand BTS.

I've lost money on BTS by buying lots of it at 2 cents in 2014 and now its way less.

Umm.. no.. I can remember the very time you said 'i'm out' after several lamenting posts along with others who had done the same thing. After that you pretty much disappeared.. to places like Monero as we can see.

It's all in this forum posts you made then..  I can't be bothered to look for them specifically now though.
Title: Re: Monero
Post by: Ander on March 25, 2016, 04:34:20 pm
I think Monero makes up for my whole BTS loss at this point, amazing.

How did you lose money on BTS?
 ;)

He was Polo margin trading back in 2015 and wiped himself out remember?

No.  My net result from trading BTS on polo was to make several hundred thousand BTS.

I've lost money on BTS by buying lots of it at 2 cents in 2014 and now its way less.

Umm.. no.. I can remember the very time you said 'i'm out' after several lamenting posts along with others who had done the same thing. After that you pretty much disappeared.. to places like Monero as we can see.

It's all in this forum posts you made then..  I can't be bothered to look for them specifically now though.

At the time it seemed there were people trading based on the opposite of what i said because I had been wrong, so I posted that hoping they would then buy and it would be a bottom.

I did sell about 1/3 of my BTS to get more funds to diversify.  But I hold the majority of it and do not plan to sell them.  I have more BTS now than I did when Bytemaster announced that 2.0 was ready and would be released in 30 days.

I made a lot of BTS margining it that first day and selling it at 2300.  I then lost most of that BTS but not all of it when we dropped from 2800 to 2000.  I had to close my position and take a big loss on that one but didnt get margin called at least, since I closed before it reached that point.

But anyway, my BTS loss is due to buying it in 2014 when it was high and then holding, not as a result of trading it.
Title: Re: Monero
Post by: nomoreheroes7 on March 25, 2016, 04:43:16 pm
At the time it seemed there were people trading based on the opposite of what i said because I had been wrong, so I posted that hoping they would then buy and it would be a bottom.

I did sell about 1/3 of my BTS to get more funds to diversify.  But I hold the majority of it and do not plan to sell them.  I have more BTS now than I did when Bytemaster announced that 2.0 was ready and would be released in 30 days.

I made a lot of BTS margining it that first day and selling it at 2300.  I then lost most of that BTS but not all of it when we dropped from 2800 to 2000.  I had to close my position and take a big loss on that one but didnt get margin called at least, since I closed before it reached that point.

But anyway, my BTS loss is due to buying it in 2014 when it was high and then holding, not as a result of trading it.

But...but...cryptofresh says you only have "4,290 BTS"....

 :P

Glad to see you still hanging in there Andre. You're gonna be one mighty whale when we reach ETH cap "this summer".

 8)
Title: Re: Monero
Post by: Ander on March 25, 2016, 04:49:44 pm

But...but...cryptofresh says you only have "4,290 BTS"....

 :P

Glad to see you still hanging in there Andre. You're gonna be one mighty whale when we reach ETH cap "this summer".

 8)

I still havent claimed my 0.9 BTS in 2.0, so thats probably why it says that.  (Also, it is such BS that any time anyone claims and sends their BTS to polo, the whole world knows about it).    Didnt seem like much point doing so when the price was so low, I wouldnt want to sell at that price, dont want to convert it to bitassets when I think BTS should outperform them because its undervalue,d and didnt want to trade them because people were getting margin called.  Thats changing now I guess though, the internal market has been strengthening.

Also, I felt that if I claimed them, I would probably end up dumping them at some point, and it would be a mistake.
Title: Re: Monero
Post by: BunkerChainLabs-DataSecurityNode on April 10, 2016, 07:39:55 pm

But...but...cryptofresh says you only have "4,290 BTS"....

 :P

Glad to see you still hanging in there Andre. You're gonna be one mighty whale when we reach ETH cap "this summer".

 8)

I still havent claimed my 0.9 BTS in 2.0, so thats probably why it says that.  (Also, it is such BS that any time anyone claims and sends their BTS to polo, the whole world knows about it).    Didnt seem like much point doing so when the price was so low, I wouldnt want to sell at that price, dont want to convert it to bitassets when I think BTS should outperform them because its undervalue,d and didnt want to trade them because people were getting margin called.  Thats changing now I guess though, the internal market has been strengthening.

Also, I felt that if I claimed them, I would probably end up dumping them at some point, and it would be a mistake.

Are you out of Monero Ander? Today there should be plenty of teeth nashings for Monero holders.
Title: Re: Monero
Post by: Ander on April 11, 2016, 06:50:25 pm

But...but...cryptofresh says you only have "4,290 BTS"....

 :P

Glad to see you still hanging in there Andre. You're gonna be one mighty whale when we reach ETH cap "this summer".

 8)

I still havent claimed my 0.9 BTS in 2.0, so thats probably why it says that.  (Also, it is such BS that any time anyone claims and sends their BTS to polo, the whole world knows about it).    Didnt seem like much point doing so when the price was so low, I wouldnt want to sell at that price, dont want to convert it to bitassets when I think BTS should outperform them because its undervalue,d and didnt want to trade them because people were getting margin called.  Thats changing now I guess though, the internal market has been strengthening.

Also, I felt that if I claimed them, I would probably end up dumping them at some point, and it would be a mistake.

Are you out of Monero Ander? Today there should be plenty of teeth nashings for Monero holders.

Not out of it, I plan to hold it long term.  My average price is about 130-140k at least.  I bought it pretty low.
Title: Re: Monero
Post by: Ander on June 09, 2016, 05:13:28 am
June 8.  Price is in the 170s.

Buy back into monero now, as much as you can.


(Not actually investment advice).
Title: Re: Monero
Post by: bitsharesbrazil on June 09, 2016, 05:24:17 am
June 8.  Price is in the 170s.

Buy back into monero now, as much as you can.


(Not actually investment advice).

If it would go under 100s I wouldnt touch it....xmr is nothing comparing with bts.....nothing can be near what bts is.......no doubt xmr will have his great ride......but bts.ride will be intergalatic....
Title: Re: Monero
Post by: Louis on June 09, 2016, 05:52:11 am
June 8.  Price is in the 170s.

Buy back into monero now, as much as you can.

(Not actually investment advice).

Why should anyone do this? What's your reasoning for buying as much as you can?

Any news or updates?
Title: Re: Monero
Post by: Ander on June 09, 2016, 09:03:41 pm
June 8.  Price is in the 170s.

Buy back into monero now, as much as you can.

(Not actually investment advice).

Why should anyone do this? What's your reasoning for buying as much as you can?

Any news or updates?

It went up 20% since I posted. :)

My call was based on TA.  It looked ready to explode up again.  I didnt expect it to happen quite so fast.
Title: Re: Monero
Post by: nomoreheroes7 on June 18, 2016, 03:13:57 pm
Damn son, monero's doing great now. Any reason in particular? Or just good TA?

Last time I choose not to listen to Ander.  :P
Title: Re: Monero
Post by: Ander on June 25, 2016, 01:25:02 am
Seems like a good time to buy again here around 240.  Buy the dips and hold some long term.
Title: Re: Monero
Post by: Ander on June 28, 2016, 02:59:06 pm
Still buying more here at 230.  Not sure when the next move up will start, but probably fairly soon.
Title: Re: Monero
Post by: Ander on August 22, 2016, 08:57:28 pm
I've made several times as much in Monero now as I ever lost from Bitshares. :)
Title: Re: Monero
Post by: Ander on August 22, 2016, 10:53:46 pm
 8)
Title: Re: Monero
Post by: nomoreheroes7 on August 24, 2016, 07:54:10 pm
I've made several times as much in Monero now as I ever lost from Bitshares. :)

Congrats Ander. Good to see fellow community members doing well.

So what do you think, is it a pump and dump? I saw that AlphaBay & Oasis are supposed to be implementing XMR, which seems like a good step-up. I'm not convinced whether or not it'll be able to gain traction there though.
Title: Re: Monero
Post by: Ander on August 25, 2016, 10:05:14 pm
I've made several times as much in Monero now as I ever lost from Bitshares. :)

Congrats Ander. Good to see fellow community members doing well.

So what do you think, is it a pump and dump? I saw that AlphaBay & Oasis are supposed to be implementing XMR, which seems like a good step-up. I'm not convinced whether or not it'll be able to gain traction there though.

Not a pump and dump imo, it will go higher in time.  But of course that huge rise must be followed by a consolidation, as we are seeing currently.  700 or lower is the buy zone imo. 
Title: Re: Monero
Post by: Louis on August 27, 2016, 11:15:42 pm
Hi Ander,

In your opinion which technology is better all around Bitshares or Monero?
Title: Re: Monero
Post by: Ander on August 27, 2016, 11:37:46 pm
Hi Ander,

In your opinion which technology is better all around Bitshares or Monero?

Monero. :)

Doesnt mean i dont like bitshares though.  But it does seem to be in an eternal funk. :(
Title: Re: Monero
Post by: Ander on August 28, 2016, 07:05:40 am
Lol it was at 800k when i posted that earlier, and now its 1300k
Title: Re: Monero
Post by: mr-whitekey on September 03, 2016, 06:33:14 pm
Monero is goging to pop. Anyway to short that sucker?
Title: Re: Monero
Post by: mr-whitekey on September 04, 2016, 03:05:46 pm
Hi Ander,

In your opinion which technology is better all around Bitshares or Monero?

Monero. :)

Doesnt mean i dont like bitshares though.  But it does seem to be in an eternal funk. :(
I looked at the Montero site and could not get a good indication as to why the tech is better. All I know is the basic knowledge that it is better for stealth transactions. Why would you say it I had better tech than Bitshares?

Sent from my XT1254 using Tapatalk

Title: Re: Monero
Post by: yvv on September 04, 2016, 05:11:54 pm
Hi Ander,

In your opinion which technology is better all around Bitshares or Monero?

Monero. :)

Doesnt mean i dont like bitshares though.  But it does seem to be in an eternal funk. :(
I looked at the Montero site and could not get a good indication as to why the tech is better. All I know is the basic knowledge that it is better for stealth transactions. Why would you say it I had better tech than Bitshares?

Sent from my XT1254 using Tapatalk

Apparently, anonymous transactions are in high demand among crypto punks. Bitshares could just copy XMR implementation and become a better technology in their eyes.
Title: Re: Monero
Post by: Ander on September 04, 2016, 09:20:07 pm

I looked at the Montero site and could not get a good indication as to why the tech is better. All I know is the basic knowledge that it is better for stealth transactions. Why would you say it I had better tech than Bitshares?


Monero chose one useful thing to do (fix the fungibility/anonimity problem of bitcoin), and focused all energy on doing it as well as possible. Compare to bitshares which promised every imaginable feature in the world and then failed to deliver on many of them.  Bitshares tried to run before it could walk, Monero focused on building the foundation.
Title: Re: Monero
Post by: btswildpig on September 05, 2016, 02:09:16 am
Hi Ander,

In your opinion which technology is better all around Bitshares or Monero?

Monero. :)

Doesnt mean i dont like bitshares though.  But it does seem to be in an eternal funk. :(
I looked at the Montero site and could not get a good indication as to why the tech is better. All I know is the basic knowledge that it is better for stealth transactions. Why would you say it I had better tech than Bitshares?

Sent from my XT1254 using Tapatalk

Apparently, anonymous transactions are in high demand among crypto punks. Bitshares could just copy XMR implementation and become a better technology in their eyes.

It's not really that apparent since you didn't buy a lot of monroe when it's low .
you're only convinced that it's in high demand when the price go up 10x in 1 month.
Title: Re: Monero
Post by: jsidhu on September 09, 2016, 07:44:19 pm
Hi Ander,

In your opinion which technology is better all around Bitshares or Monero?

Monero. :)

Doesnt mean i dont like bitshares though.  But it does seem to be in an eternal funk. :(
I looked at the Montero site and could not get a good indication as to why the tech is better. All I know is the basic knowledge that it is better for stealth transactions. Why would you say it I had better tech than Bitshares?

Sent from my XT1254 using Tapatalk

Apparently, anonymous transactions are in high demand among crypto punks. Bitshares could just copy XMR implementation and become a better technology in their eyes.

It's not really that apparent since you didn't buy a lot of monroe when it's low .
you're only convinced that it's in high demand when the price go up 10x in 1 month.

we dont know if its a well orchestrated pnd or its actual demand.. i got wrecked shorting it got out at 0.025 but its still hanging around.. seems like it wants higher prices.
Title: Re: Monero
Post by: jsidhu on September 09, 2016, 07:47:04 pm
Ander you may want to sell your XMR stash profits and buy some Syscoin... some updates comin at ya guys soon.
Title: Re: Monero
Post by: mr-whitekey on October 13, 2016, 02:40:44 pm
Price has stabilized to a degree. Not sure what will happen next, but it seems like a good place for a phased entry. Buy some now and some in a few weeks depending on where the price goes. Just don't enter in all at once here... 
Title: Re: Monero
Post by: mr-whitekey on October 19, 2016, 03:46:25 am
Somewhere between now and the 700,000 satoshi level xpr could pick up is previous tend line. Staring to look better, but I am still phasing entry on a long term play.
Title: Re: Monero
Post by: mr-whitekey on January 03, 2017, 03:15:48 am
The same stair-step pattern is forming again. The same pattern that led to the previous high, that and the recent breach of the previous high tell me good things are in store for Monero in the short term (next couple of weeks). Though I will start phasing out from my October buy in.
 
Title: Re: Monero
Post by: RyanPeterson on August 10, 2017, 04:26:29 pm
There’s other cryptos as well. If you’re interested in Cryptocurrencies, check out monero, I wrote a blog article on it here. Cheers
https://wikicrypto.com/why-buy-monero/
Title: Re: Monero
Post by: Methodise on October 11, 2017, 05:38:19 pm
Monero is goging to pop. Anyway to short that sucker?

Well, you can't short it on the Bitshares DEX, sadly.