That's called progress. Lots of things just don't work, never catch on, or get crushed by the status quo. A few succeed, to varying extent. Many end up giving future innovations some degree of inspiration and building blocks. But the key is that, even though the odds are firmly against you, it only can ever work if you try.

Oh yeah then how do you think they teleport it then?



Its centralised because the paper note is just a promise, by someone (central). also they can devalue it or whatever they want (centrally) and what can you do about it?

You do realize that a cryptocurrency based economy can exist over borders and circumvent through government laws right?

In your utopia, do you honestly think governments are going to let a anonymous currency get traction in their country so it has the possibility of hurting the nations economy? Just because "they want to tax it"?

And don't give me that bullshit about cash because it is issued by governments.

This statement is dumb for so many reasons. There is a clear difference between circumvent and avoid. Don't you get that?

Any time you want to make significant purchase in real-life with your anon currency you are fucked. But by all means you can avoid that by living in your mothers basement.

The mini sell bot has now been on for 3-4 days again as the price steadily climbs.  I think it's been ~3 days but my memory has recently been downgraded to only 2 categories.  It either happened or it didn't.  

Some hardfork code was just merged into master.

MoneroMooo's funding request is now live!
https://forum.getmonero.org/8/funding-required/2410/a-continuation-for-all-purpose-programming-of-what-needs-to-get-done-in-monero

There is simply no way to prevent transactions in XMR unless you ban un-escrowed crypto.  That may happen in places like Russia or Saudi Arabia, but steganographic overlay networks will provide the facility for those who care about it.

Anyhow, there are still some effective constitutional protections and substantial political support for crypto in most of the world, so "governments will stop it" is just FUD, until that changes.

A greater concern is that "Fontas." is militating against the value of XMR.  This suggests someone may be accumulating for a pump-and-dump.  I sincerely hope they fail as badly as I expect them to fail.  Beware, pumpers:  XMR is the anti-ponzi.

In other news, I just started to like PMs.  It's a good point to start accumulating a long wheat position again.  Oil should continue down for a week.  China is the brightest spot in equities right now, remarkably, for the coming week.

Oh, and monkey thinks XBTUSD is going to trend up for a couple of hours, so XMRBTC should see a low before midnight GMT before continuing up as XBTUSD resumes a downtrend.

EDIT:  As he often does intraday XBT, monkey just changed his mind and is now bearish XBTUSD intraday.  I should just give up on his intraday crypto calls for good and all.

If you want to buy a fixed USD amount of moneroj, one option that I've been considering is using Circle's USD-denominated account feature to send a USD amount of bitcoins to Shapeshift, that way I don't ever have to think about the price in bitcoins.  The drawback with doing it this way is that you aren't requesting a specific amount of moneroj on Shapeshift, so you aren't going to get the best exchange rate that they offer.

Agree, but it could very well be that he/she/it accumulated this earlier and is just selling off now. Furthermore, I've only seen it active twice now this week and haven't seen it active before that.