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    Author Topic: [XMR] Monero Speculation  (Read 3316467 times)
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    • meme magic
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    March 15, 2016, 12:03:05 AM
     #14641
    Quote from: Sukovsky on March 14, 2016, 11:57:43 PM
    Monero sounds too stupid to begin with. Not even mentioning its completely flawed architecture. You got a piece of the altcoin pump pie and now you will once again fade into oblivion. Get a job.

    u silly family

  • explorer
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    March 15, 2016, 12:11:16 AM
     #14642
    http://Monerohash.com/nodes-distribution.html is indicating 170 active nodes.  That is the highest I've seen in the short time I've been watching that page.  Has anyone kept track of past data?  I'm curious as to how this fits historically.

  • DaveyJones
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    March 15, 2016, 12:14:28 AM
     #14643
    Quote from: Sukovsky on March 14, 2016, 11:57:43 PM
    Monero sounds too stupid to begin with. Not even mentioning its completely flawed architecture. You got a piece of the altcoin pump pie and now you will once again fade into oblivion. Get a job.

    Meh... what is flawed in the architecture... hate people that throw around words but do not even give an argument. And the sound of something is subjective you don´t like it ... others do.

  • smooth (OP)
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    March 15, 2016, 12:32:12 AM
     #14644
    Quote from: DaveyJones on March 15, 2016, 12:14:28 AM
    Quote from: Sukovsky on March 14, 2016, 11:57:43 PM
    Monero sounds too stupid to begin with. Not even mentioning its completely flawed architecture. You got a piece of the altcoin pump pie and now you will once again fade into oblivion. Get a job.

    Meh... what is flawed in the architecture... hate people that throw around words but do not even give an argument. And the sound of something is subjective you don´t like it ... others do.

    I was going to delete the likely troll post/replies but the above bold is actually a reasonable question. We'll see if Sukovsky responds, otherwise, let's try to ignore the trolling and not reply to it.

  • nioc
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    March 15, 2016, 12:40:58 AM
    Last edit: March 15, 2016, 12:57:30 AM by nioc
     #14645
    Quote from: explorer on March 15, 2016, 12:11:16 AM
    http://Monerohash.com/nodes-distribution.html is indicating 170 active nodes.  That is the highest I've seen in the short time I've been watching that page.  Has anyone kept track of past data?  I'm curious as to how this fits historically.

    I have been watching but only tracking with my memory.  Before the release of 0.9 the avg was ~125 and after it went up to 150.  The highest I have seen was 166 a week or 2 ago when there was lots of exchange activity.  I believe these are nodes with a high % of uptime.  I don't know how that is figured.

    Nibbled today at below freezing.

    The ask side is always thin on bittrex so it's place a bid and wait.  There are no real asks till 288 Grin  

    EDIT: someone woke up, some asks are now ~272 Cool

  • equipoise
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    March 15, 2016, 01:00:50 AM
     #14646
    Quote from: explorer on March 15, 2016, 12:11:16 AM
    http://Monerohash.com/nodes-distribution.html is indicating 170 active nodes.  That is the highest I've seen in the short time I've been watching that page.  Has anyone kept track of past data?  I'm curious as to how this fits historically.
    That's the historical full nodes (port 18080 open) from moneronodes.i2p:

    About me | zRMicroArray - phase 2 - Gene Expression Analysis software | [Weed Like to Talk - Bulgaria] Start a wave of cannabis seminars in Europe | Monero weighted average price stats: moneroprice.i2p
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    [XMR] Monero - A secure, private, untraceable cryptocurrency: 4AyRmUcxzefB5quumzK3HNE4zmCiGc8vhG6fE1oJpGVyVZF7fvDgSpt3MzgLfQ6Q1719xQhmfkM9Z2u NXgDMqYhjJVmc6KX

  • aminorex
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    March 15, 2016, 01:12:01 AM
     #14647
    So our full node universe is somewhere between the sizes of Ireland and France, as compared to bitcoin.  GDP is lagging that, because network effects on value are more like quadratic than linear at this scale.
    Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.

  • dEBRUYNE
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    March 15, 2016, 01:56:15 AM
     #14648
    Quote from: aminorex on March 15, 2016, 01:12:01 AM
    So our full node universe is somewhere between the sizes of Ireland and France, as compared to bitcoin.  GDP is lagging that, because network effects on value are more like quadratic than linear at this scale.

    I have a feeling that if we would be as large as Bitcoin, even though running a full Monero node is more data/bandwith intensive, we probably would have more nodes. The reason is that there is an incentive to run a fullnode in Monero, namely privacy. Running Monero via a remote node has a detrimental effect on privacy and some kind of SPV style wallet will likely have this aforementioned effect too. Therefore, I suspect a larger amount of people will be running a node, simply to preserve their privacy, for which they likely became interested in this coin in the first place.
    Privacy matters, use Monero - A true untraceable cryptocurrency
    Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/

  • Hueristic
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    March 15, 2016, 02:23:58 AM
    Last edit: March 15, 2016, 07:24:43 PM by Hueristic
     #14649
    Quote from: aminorex on March 14, 2016, 11:54:20 AM
    Quote from: americanpegasus on March 14, 2016, 05:45:53 AM
    How hard can it be to slap complete anonymity & untraceability underneath a Turing complete-decentralized computing resource?.

    It's actually incredibly easy.  Thing is, after you've done it, the result is probably neither.

    I would think you would have an AI with no memory accessible. Cheesy

    BTW I think being turing complete is ZenNets goal. W00ps think they are calling in Tau-Chain now. Haven't bothered checking it out for awhile, it looks like a long road.

    Market teetering for a few hours now, not sure which way it's gonna break. Bid didn't get filled last night Dammit.

    NOW, Where to set my bid for the night?HuhHuh??



    EDIT: apparently I'm getting a few things mixed up in my non functional memory. This is a good read. Smiley

    http://cointelegraph.com/news/tau-chain-a-decentralized-app-store-with-greater-flexibility-than-ethereum
    “Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”

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    March 15, 2016, 02:42:15 AM
     #14650
    Quote from: Hueristic on March 15, 2016, 02:23:58 AM
    Quote from: aminorex on March 14, 2016, 11:54:20 AM
    Quote from: americanpegasus on March 14, 2016, 05:45:53 AM
    How hard can it be to slap complete anonymity & untraceability underneath a Turing complete-decentralized computing resource?.

    It's actually incredibly easy.  Thing is, after you've done it, the result is probably neither.

    I would think you would have an AI with no memory accessible. Cheesy

    BTW I think being touring level is ZenNets goal. W00ps think they are calling in Tau-Chain now. Haven't bothered checking it out for awhile, it looks like a long road.

    Market teetering for a few hours now, not sure which way it's gonna break. Bid didn't get filled last night Dammit.

    NOW, Where to set my bid for the night?HuhHuh??



    Now it costs more to eat walls. Just out of principle I won't pay more to eat walls.
    < Track your bitcoins! > < Track them again! > <<< [url=https://www.reddit.com/r/Bitcoin/comments/1qomqt/what_a_landmark_legal_case_from_mid1700s_scotland/] What is fungibility? >>> 46P88uZ4edEgsk7iKQUGu2FUDYcdHm2HtLFiGLp1inG4e4f9PTb4mbHWYWFZGYUeQidJ8hFym2WUmWc p34X8HHmFS2LXJkf <<< Free subdomains at moneroworld.com!! >>> <<< If you don't want to run your own node, point your wallet to node.moneroworld.com, and get connected to a random node! @@@@ FUCK ALL THE PROFITEERS! PROOF OF WORK OR ITS A SCAM !!! @@@@

  • aminorex
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    March 15, 2016, 03:17:27 AM
     #14651
    Patience is good.  Demand is quite robust, which a happy thing, but I hope everyone can be patient, and collect the cheaper coins, rather than scaling that wall only to leave a demand vacuum behind that sucks the market down.  The slower this wall is eaten, the firmer and stronger the base will be.
    Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.

  • americanpegasus
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    March 15, 2016, 03:18:30 AM
     #14652
    Quote from: GingerAle on March 15, 2016, 02:42:15 AM


    Now it costs more to eat walls. Just out of principle I won't pay more to eat walls.

    True, but how many are willing to honestly sell spot Monero at these prices?  Not many.  And without sellers there's really only one way for it to eventually go.
    Account is back under control of the real AmericanPegasus.

  • aminorex
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    March 15, 2016, 03:28:20 AM
     #14653
    Meanwhile ETH appears to be heading towards tests of support at 26, 21.  I haven't had the chutzpah to short it however.  (No time to eagle-eye.) I might try to buy some more XMR with ETH gains if I see strong support and potential catalysts in future.  It worked well enough on this round so that I can tolerate a bit more risk than usual, as long as there is a pot of moneroj at the end of the rainbow.
    Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.

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    March 15, 2016, 03:29:46 AM
     #14654
    What kind of speculative magic do you think is in place regarding the scheduled hardfork?

    Do you think peeps are waiting to see if it executes flawlessly? I have no idea how complicated it actually is.
    < Track your bitcoins! > < Track them again! > <<< [url=https://www.reddit.com/r/Bitcoin/comments/1qomqt/what_a_landmark_legal_case_from_mid1700s_scotland/] What is fungibility? >>> 46P88uZ4edEgsk7iKQUGu2FUDYcdHm2HtLFiGLp1inG4e4f9PTb4mbHWYWFZGYUeQidJ8hFym2WUmWc p34X8HHmFS2LXJkf <<< Free subdomains at moneroworld.com!! >>> <<< If you don't want to run your own node, point your wallet to node.moneroworld.com, and get connected to a random node! @@@@ FUCK ALL THE PROFITEERS! PROOF OF WORK OR ITS A SCAM !!! @@@@

  • aminorex
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    March 15, 2016, 03:58:24 AM
     #14655
    I observe that monero core devs have their stuff together, which is a nice change of pace as compared to some other projects, and deem that the likelihood of catastrophe is negligible.  But I am now keeping some BTC hot in case of a lemming panic.  If others are doing likewise, they may run out of patience after a while.  FOMU can do that to you if you let it.

    While things are moving slow, it might be good to arb the exchanges. At least check.
    Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.

  • bitjedi
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    March 15, 2016, 04:29:22 AM
     #14656
    Quote from: GingerAle on March 15, 2016, 03:29:46 AM
    What kind of speculative magic do you think is in place regarding the scheduled hardfork?

    Do you think peeps are waiting to see if it executes flawlessly? I have no idea how complicated it actually is.

    non-issue with a good dev team and a community willingness to download new software.

  • rpietila
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    March 15, 2016, 07:38:24 AM
     #14657
    Quote from: aminorex on March 15, 2016, 03:58:24 AM
    I observe that monero core devs have their stuff together, which is a nice change of pace as compared to some other projects, and deem that the likelihood of catastrophe is negligible.  But I am now keeping some BTC hot in case of a lemming panic.

    In startups, a catastrophe (from investor pov), is the -100% case. And that is very common, 50-90% of all projects end up such.

    Therefore it more makes sense to evaluate the upside, and XMR is like BTC when it was young: the future upside got better as the marketcap proved that someone believed in the coin  Cheesy (With scamcoins, it's the opposite - rise in price means more possibility for crash).

    I like the XMR team very much though although my personal acquaintance is only 29% anymore.
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  • bitebits
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    March 15, 2016, 07:47:20 AM
     #14658
    Quote from: nioc on March 15, 2016, 12:40:58 AM
    I have been watching but only tracking with my memory.  Before the release of 0.9 the avg was ~125 nodes and after it went up to 150.  The highest I have seen was 166 a week or 2 ago when there was lots of exchange activity.  I believe these are nodes with a high % of uptime.  I don't know how that is figured.

    Not sure that is true. As soon as my nodes were up and running they showed up within an hour on the world map of https://monerohash.com/nodes-distribution.html (the page updates roughly once per hour).
    You can figure out what will happen, not whenWarren Buffett

  • pönde
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    March 15, 2016, 08:14:55 AM
     #14659
    Quote from: rpietila on March 15, 2016, 07:38:24 AM
    I like the XMR team very much though although my personal acquaintance is only 29% anymore.

    What do you mean? Having 29% of your property in xmr?  Or level of co-operation?

  • smfuser
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    March 15, 2016, 08:36:14 AM
     #14660
    Quote from: pönde on March 15, 2016, 08:14:55 AM
    Quote from: rpietila on March 15, 2016, 07:38:24 AM
    I like the XMR team very much though although my personal acquaintance is only 29% anymore.
    What do you mean? Having 29% of your property in xmr?  Or level of co-operation?
    Presumably he personally knows 2 of the 7 core team members.
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