Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

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Agree with most of that except the opening. Dash is nothing like Monero and not trying to be.

You are absolutely right:
Monero is decentralized, fairly distributed, without a premine, and truly private.

Dash is none of those.

But this is a bitcoin thread. I am probably one of the biggest proponents of Monero, but in here I stick to BITCOIN. Monero is one of the VERY few actually decentralized altcoins with utility. It will survive as a child of BTC along with Litecoin, and... and... well there *could* be no others.

Good grief you really drinking the cool aid. You don't know what shady stuff is going on in the Monero distribution by design. But the cripple mine at launch is well known. So get the fuck outta here with that nonsense. Yes this is a bitcoin thread, so why you guys keep bringing monero into it and obsessing over Dash.

The crippled mining situation is real and unfortunate however it was very short lived and not so dramatic that the crippled miner couldn't still be effective and there was no heavily front end weighted distribution curve. And it isn't even clear that there was anything nefarious about it, it's just as likely that the code for the original miner was just poorly written and some enterprising individual realized that he could improve it and use his improved miner to make some money. I highly doubt when it was all said and done that the claymore guy even got away with more than 0.25% of the currency supply. It's unfortunate but not even comparable to evan and co mining something like 70% of the dash currency supply in the first day in secret via a secret launch.

Thats a cool story bro. But the monero miner was crippled deliberately, there are articles online describing in detail by one of the programmers who made an optimised version for himself how the original code looked. if you can be bothered to look for it. The rest of what you say is you guessing what happens within an obfuscated blockchain. By the way 83.7 % of statistics are completely made up.