lol I love these posts.

I love monero.  But ... nope, fail post.  Sorry.  Try again.

Bitcoin or 2.0 projects are XMR's biggest danger.

It's possible that the long term paradime of PoW is broken.  In theory the value that the PoW is protecting is always going to be going up while the percentage of money spent protecting it (miner rewards) is going to be going down.

Also the release curve is ponzi schemed.  And if people realize this with bitcoin and it is rejected - then XMR will take the brunt of the rejection along with bitcoin.

The fact that XMR doesn't share bitcoin's codebase and limited slow transactions is a really good thing.

I just don't think dark is the danger to XMR - I think the rejection of bitcoin is a much larger issue.

What is the status of the dev fund?  How much money do they have?  How much do they need?

New website looks nice btw

That's pretty unethical to his investors ... who he's obligated to look out for (not us) if he's being honest.

what was the announcement?  I must've missed it ...

lol ... so they banished you to the altcoin forum with your AT project

Sorry you have to put up with the circus in here ... you're actually doing something productive with your life

I get that.  I really do.

The problem is

A - Economics.  Is the world really going to adopt somethign that is going to make the rest of us rich for doing ... pretty much nothing?  With something that can be easily cloned to a different codebase (not something you can do with gold or silver), has no tangible uses (Gold and silver does), produces nothing (stocks own farms that create food or rent houses or make technology.

B - Technology.  By definition economic adoption needs stability (fiat dollar, gold, shekels, whatever) in order to be productive.  Technology in order to improve by definition needs to be disruptive.  Ethereum will be able to do everything bitcoin can do transaction wise with a fraction of the space and bandwidth (because they plan on doing so much other stuff they HAD to optimize).  When polotics gets in the way of technology - another coin will move in to wipe an old one out.

Monero will wipe darkcoin out.  Ethereum will wipe litecoin out.  Etc

This inhibits adoption

Bitcoin had the advantage of having first mover / only mover.  The entire landscape has changed.  I have heard you say you have the same type of feeling (several months ago).  I've seen you think that bitcoin was going to 100,000 per.

I'm not trying to be rude - only state that no one knows.  

I do love all the progress that's been made on XMR.  It really is one of the few interesting nonscam projects out there.

Crypto will change the world.  But the ponzi scheme release curve will be antiquidated when people realize the network is worth what the security is worth.  And the fraction paid towards security is constantly going down in an effort to drive early adopters value thru the roof.

I own moneros and I like it much better than bitcoin (I also like Ethereum).  But there is an inbetween that thinks there IS a place for crypto - but the current output paradime is too greedy to encourage mass adoption.

Half of my Monero's are for sale at $3.  Another half at $30.  The rest at $300.

The average price per XMR is much higher than .0075.  If price had gone from .0075 -> .015 now there wouldn't be bitching.

To go from .0075 to .04 to .015 and the avg price per is probably .025.   The nthere's gonna be bitching.  The average is a loss (vs a gain) even tho the price is the same.

Let me sum this up for you.  

The technology behind cryptonote obliterates darkcoin.  It's mathematically provable, it doesn't have random nodes that mostly exist in the amazon cloud to mix shit.

Monero cons

Original authors are scam artists so other devs have taken it over (for XMR)
Low market cap
Mostly held up by bitcoin whales who have no experience in altcoins
Not enough money to fund development (devs are using their own money).  Probably will run out at some point and project will die.
Kinda fubar'd emission

Dark cons

Massive premine
Alternated emission curve to jack price up (make early guys rich on shoulders of late guys after the fact).  Use of node required funding to prop price up.
Spaghetti code
Hypeish name that attracts the wrong crowd
Project will die as soon as devs don't have more coins to unload on a market they create by releasing features.  Even if that isn't the case, changing emission curve as dramatically as it was PLUS the massive instamine will kill it longterm.

Low price just means whales afraid to get beached ;P

+1 - I'd recommend keeping this thread bumped on occasion.  Any post - regardless of how honest it is - that is frank about the issues surround XC / Blocknet gets deleted.  Every semblance of an actual discussion is intentionally being suppressed

Yeah ... I just think that they are going to have a really tough time unloading much more now that things are out. 

It looks like a highly planned move to me.  First move to slack because of "trolls" just right on the heels of the SEC starting to look into people and right after dumping the XC premine.

Keep the blocknet open in hopes they can pump it enough to dump into it then move to slack.

The more value these things lose they better it is.  SEC is much less likely to investigate something doing $400 a day than something doing $40,000 a day in volume.

Get volume low, quietly retire to slack.  Never kill it - just never spend time with it.  Pretend like you are until everyone has lost interest due to low volume etc

*Ding* *Ding* *Ding* - we have a winner.

I don't think there's enough volume with $400 - $500 volume between both

Looks like my lack of education was the problem here ...

I've never seen an easy < 3 min multi sig solution for phone + comp for dummies.

Maybe I'm missing something?  

ehhh yeah i think the guy's full of hot air.

My understanding is AT is plug inable for btc based cryptos not cryptonote.

Like I've said I don't have money in it.  Wish I did now.

I've said for ages there needs to be an easy way for lazy morons to secure their money (you know ... like with banks).

http://www.reddit.com/r/ethereum/comments/2va9sn/online_ether_storage_post_launch/cofwpr0

I know there's alot of hate for this project but I just got a hell of a lot more excited.  I can easily make it to where someone has to hack my phone and computer to get my crypto.  

I'm interested to hear what the current known devs think about this whitepaper.

Trustless contracts with cryptonote seems like an insanely good idea.  Curious as to how difficult it's going to be to implement.

See - I think this is the root of the issue.

As technology has evolved it has placed much more power in the hands of centralized power.  Either power that comes with wealth (avoid offshore taxes, hire lawyers, etc) or power that comes with actually being in power (NSA wire tapping, etc).

I watched a really good video by Gavin Wood who essentially said the idea of anonymity and privacy is not an "is" "is not" issue.  It's about making it cost prohibitive enough that the government is forced to pick their targets.  Not throw a blanket over an entire population.

I think the ancap is a completely failed idea.  As is libertarian (they are different).  Just look at the altcoin ann section.  THAT is ancap at it's finest.

I also feel democracy has failed.  So I'm not really sure where that leaves me.  But anyway.  I agree with you that the ethics of total anonymity are tricky.  But I think I lean towards the blockchain providing anonymity for all in the protocol to *try* to insulate the individual from the centralized powers that be.  This helps continue to level the playing fireld between the rich and the poor at the same time as far as functionality / what's available to them