Quote from: Fatman3001 on August 14, 2017, 06:51:51 PM

Quote from: paratox on August 14, 2017, 06:15:37 PM

Quote from: Fatman3001 on August 14, 2017, 05:36:47 PM

Quote from: Aby Normal on August 14, 2017, 05:28:25 PM

Quote from: Fatman3001 on August 14, 2017, 05:06:25 PM

Hey, I hope RingCT 2.0 happens, HW wallet too (although I'd be surprised to see finished code anytime soon). But I don't see anything here that will drive the price up in the short to medium run. If so, the price in BTC risks falling down to the old price range of 0.0017-0.0040. If that happens some slightly enlightened soul will probably just fork this into a new coin with a new community willing to do what it takes to get all the pieces in place. I seem to remember Fluffyponzi saying something about monero being a research project. I had no idea how literal he was.

Oh, and regarding your disappointment in troll quality. Top Trolls don't waste their time on lower tier shitcoins. I've never been much of a fan, but a lot of people I respect believe in this coin (or at least they did until the fluffyponzi stunt). I'm kinda awestruck at how little is done to attract new users. GUI wallet needs to be polished and everyone here needs to kiss some serious ledger ass to get that hw wallet support asap (The friggin Trezor drama was amazeballs stupid) or this coin will die. If these things fall into place, and market cap and liquidity gets a bump up, it can find some real use cases in finance. If not it will lose to an xmr clone, or even zcash. That's if it hasn't lost already to Dash (yeez!).

Now that's a perfect example of simpleton troll fud, calling Monero a lower tier coin and spicing it up by saying how little work has been done with a pinch of dash and zec promoting ...
They usually do that when they place their bids low, we'll prolly see more of similar BS in coming days Undecided

Yeah, criticism is fud. Gotcha!

Maybe if you made constructive criticism people could work with it? You basically just said that you don't think that current developments like multisig, mobile wallets, kovri and the recent problems with tracing bitcoin transaction/blacklisting/darknetmarket busts will have any positive impact on XMR in the short/medium term, without explaining why.

I think I dropped some clues in there.

I reread your post. The only clue I can see is that the things that are already happening (putting work into making the user experience better/easier) should happen faster? Sure that would be nice, but considering how young XMR is (a bit over 3 years) it is understandable that things take longer. It is easy to think things happen too slow in the moneroverse, because most other altcoins release their "stuff" faster. But that is mostly because the bitcoin protocol is already over 8 years old and most altcoins use that as a basis. Look at where Bitcoin was after 3 years and compare that to where monero stands now.

Quote from: Fatman3001 on August 14, 2017, 06:51:51 PM

Quote from: paratox

Then you say monero is a lower tier shitcoin without really explaining why. Of course the community is trying to attract new users (GUI development, Mobile wallet development, informative videos and presentation, meetups, etc). Or do you mean it is a shitcoin because it doesn't try to pull wool over the eyes of the people like dash/zcash/eth and a lot of other projects are doing?

Beyond what I've already said I tend to lash out when people calls me a fudding simpleton troll.

Just a suggestion. Maybe if you worded your concerns in a more constructive manner, people wouldn't react the way they did? It is really easy to misunderstand how someone meant something when you only have written words on a screen.

Quote from: Fatman3001 on August 14, 2017, 05:06:25 PM

Quote from: paratox

Quote from: Fatman3001 on August 14, 2017, 05:06:25 PM

We'll see. XMR isn't a smart contract platform. It needs traders to keep the wheels spinning.

Which smart contract platform doesn't need traders to keep the wheels spinning? Sure, smart contracts are a nice idea and will be useful in the future, but do we really "need" them? Do you really think a fungible currency like XMR is useless right now?

I'm not going to take the whole smart contract argument with you other than that xmr, unlike a smart contract platform, is dependent on market cap and liquidity to be useful. You can run a smart contract with a cheap token just as easily as with an expensive token, but you can't send $50 million fiat-xmr-fiat and expect anything near $50 million to reach the receiver. So yes, I do think xmr is useless right now. And no, I don't think "a fungible currency like XMR is useless". That's the point.

I agree partly with you on the smart contract part. To keep it short: Yes marketcap isn't as important, but if nobody trades the coin and nobody has a usecase for smart contracts, the coin will die. Right now I don't see people buying into ETH or other SC platforms because they need to use them for the smart contract feature. That was my point.

Your $50million example may hold true right now, but that is only one specific case. Not everybody is gonna want to sent $50million fiat-xmr-fiat today. A lot of current users of Monero have much less than $50million in wealth, so for them it is useful. Sure liquidity must rise to accommodate wealthier people and if you look at the MCAP development over the past few years, you can see that XMR is on its way to make that happen.

Good things take time.