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Showing 20 of 114 results by goin2mars.
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Topic
Board Altcoin Discussion
Re: [FACTS] Altcoins turned me off Bitcoin / Crypto Currencies
by
goin2mars.
on 01/10/2017, 18:00:38 UTC
Dood didn't you leave back at the beginning of 2014 pre winter too?
Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
goin2mars.
on 23/09/2017, 22:38:19 UTC
I'm not really following the logic behind the recently presented propaganda - the one portraying that this is some choice between having ads or embedded mining.

It's pretty apparent that both will be utilized concurrently.

Probably a better thread for this, but I'll look later.

Edit: actually upon realizing that the miner stuff may be steganographically embedded, I'd probably expect that the well-to-do ad server would spearhead the efforts to adopt browser mining, and ultimately one technology will simply absorb the other.
Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
goin2mars.
on 18/09/2017, 15:31:09 UTC
This reeks of pseudo ICO fuckery. Guy makes a video then says don't trust him or anything you read on the internet then a couple months later he wants half a million dollars because reasons 'n stuff.



Tongue
Post
Topic
Board Altcoin Discussion
Re: Are Most Cryptocurrencies Doomed to Collapse — because they’re “ICO-issued”?
by
goin2mars.
on 17/09/2017, 19:31:14 UTC
It's been five years and I haven't yet witnessed this aggregate market become largely fragmented. What kind of message would be sent if icos could be successfully targeted, regulated and stopped?

Even with the last decline from 2014 to now the market and it's induced segmentations remained quite unified overall with regards to overall price movements.

Even those cryptocurrencies totally devoid of any unique programming have managed to be dragged along with the rest of the tide.

I am first and foremost all for the prevention of icos becoming hypernormalized but with the sec and other financial regulations bearing down on the market, being put up against a new bound in technology, exactly what could they do currently and what ways would they take in which to get it done?

I mean, specifically, where does the sec derive its power from? If its basically policing the entrances, exits and houses under which regulated trade is conducted then they will necessarily be in for a coming adaption.

This technology has the proven ability to entirely displace existing company share distribution (securities as we know them) and exchange methods currently exercised and its medium isn't necessarily secured by a lawful third party designate or human-tended balance sheets. It's secured by a ledger that isn't exactly under their thumbs as nearly as much as a physical construct in which sheets are exchanged.

While I agree that playing nice with existing financial constructs will enhance diffusion into the psychological and physical norms, there is an even gnarlier gap in existing legislation for this market. Effectively - I'm expecting that it really will be 10-20 years before some even begin to catch up wrt to legislation.

What type of statutes limit them past decades? Does it go as far as social security in basically wrecking intergenerational wealth paradigms? Can they demand reparations from a likely well off progeny if there's nobody else to go after?

Also exactly how does any of this fit in with the debt crisis vs hyperinflating dollar if both crypto legislation and hyperinflation occur in 15-20 years?

Personally I don't think the SEC will be able to keep up, but whatever is formed to regulate the likely coming one world currency will. So how would that play out?
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Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
goin2mars.
on 08/09/2017, 15:05:59 UTC
There is a certain art to value distillation and whale flushing, and china seems to be masterful in this craft Smiley
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Sia - Decentralized Storage
by
goin2mars.
on 05/09/2017, 01:01:12 UTC
They're looking to be a while out there, but there are solid use cases that will absolutely require decentralized storage for progression to continue.

Possibly the most important potential applications, IMO, of decentralized storage can be found browsing the articles on sites like this:

https://futurism.com/enhancedhumans/

A few in particular:

https://futurism.com/new-tech-is-giving-humanity-many-potential-paths-to-immortality/

https://futurism.com/darpa-is-working-on-enhancing-human-senses-with-computers/

https://futurism.com/neuroreality-the-new-reality-is-coming-and-its-a-brain-computer-interface/
Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
goin2mars.
on 04/09/2017, 14:46:29 UTC
Yeah, I'm not a big fan of ICO's. For every one good ICO, there are easily 20+ that are just there to ultimately steal money. It's just what's historically happened, and I'm not a big fan of anyone that wants my money.

More importantly are the questions - will the money that was in the ICO business-startup funding market find its way to a new one now? Or will the combination of the afflicted be looking to diversify outside of crypto?

Or will this be like cutting the head off a hydra, ultimately proving the legislation to be ineffective?

Regardless, I would expect that capital outflow from china will continue in some way.
Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
goin2mars.
on 04/09/2017, 14:12:37 UTC
This is possibly the best news I've read in months.

Really the only thing that happened today was the removal of a gangrenous toxic appendage that was beginning to decay the core of crypto.

So many scams are going to wither away now.

Additionally, it allowed the formation of a correction/consolidation phase that was quite sorely needed IMO.

Whether the market is cauterized or allowed to heal, I don't know.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Sia - Decentralized Storage
by
goin2mars.
on 03/09/2017, 01:58:23 UTC
- They have to buy Siacoins for using it. And I know it's easy, but I also know everyone isn't used to do such things. A lot of people who would use this product aren't familiar both with the tech and the whole crpyto world.
- They never heard about SIA ! This thing need to be putted in front of people who have already the need for such product. You can have the best product in the world, if nobody know about it, it'll stay in the shadow forever.

Recently had a "coffee machine" chat if I can say so, with an engineer. Those points have really cooled him down Sad

About the first point, @Hakkane said this few pages before :
Pixeldrain (https://pixeldrain.com/) is a service for large files sharing, currently free. The author is implementing Sia as a backend and will allow a free tier like now, and a paid tier for very large files. There are at least 2 more projects that I am aware of, but they are personal communications, so I can't disclose information, sorry.

So it might be a solution Smiley


I'm glad to read that this is considered a good intermediate scaling solution, where the end user might not even know what a sia is.
Post
Topic
Board Speculation (Altcoins)
Re: Reasons for the Monero ($XMR) price spike: trading contests?
by
goin2mars.
on 30/08/2017, 15:21:42 UTC
Doubtful.

Who would spike a price 80% in a months time for 5x 100 Monero?

At the time this was about $50 usd each.

Basically you'd be better off pumping some other shitcoin.

Even now at 130 usd, this still barely pays to spend the time on it.

You'd be better off considering that the ethereum narrative has been portraying a move toward pos. Whales aren't just going to let their miners idle into obscurity.
Post
Topic
Board Altcoin Discussion
Re: Is Monero, Dash and all anon coins fucked?
by
goin2mars.
on 20/08/2017, 03:45:25 UTC

Specifically in this latest iteration, I can't imagine a situation where Shelby wasn't capable of linking the facts that there is no zero subsidy in Monero, and there is also an adaptive block size, I give him far more credit than that.


https://steemit.com/cryptocurrency/@anonymint/re-anonymint-re-anonymint-is-monero-s-or-all-anonymity-broken-20170805t222300726z

Honeythimble at best.
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Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
goin2mars.
on 18/08/2017, 18:00:17 UTC
Post
Topic
Board Altcoin Discussion
Re: CryptoKingdom Uncensored
by
goin2mars.
on 17/08/2017, 03:57:02 UTC
No mystery here, for at least 2.6 more years. I might try to trade some volatility though.

Congratulations on the opening. Someone should update the description of m3 so that it at least doesn't reflect that it's saddams depo
Post
Topic
Board Altcoin Discussion
Re: Theymos's list of altcoins with some technical merit
by
goin2mars.
on 16/08/2017, 23:14:44 UTC
Oh my, excellent allocations Smiley

Although I would have given iota at least a .3
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Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
goin2mars.
on 11/08/2017, 19:30:11 UTC
All those lucky people being offered reliable access to reasonably priced Monero, I am happy they will have ample opportunity in which to afford themselves a bit of something good and real. If anything else, I hope they get it for a little cheaper (and me too) Smiley
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Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
goin2mars.
on 05/08/2017, 22:32:30 UTC
My view on block size issue and how it affects BTC vs BCH vs Mernero.  Mernero is technically the more "just" solution, but such a thing might not actually be beneficial if there is greater gain to be had by special interest groups backing the monopoly:

What special interest groups neglected to tell you about the block size issue:

From an economics point of view, trying to force the entire planet onto a fixed block size with low scaling is a pro-usury extortion stance.  Small blocks are a synthetic monopoly.  If criminal banks believe they can take control of this monopoly, either through getting a large percent of the transaction validators, or by taking control of all services that facilitate off-chain transactions like Coinbase (or lightning) since on-chain transactions are too expensive to use, then the criminal banks would likely support small blocks over large ones.

The solution to the problem is not 1 MB or 8 MB blocks.  Any system with a fixed block size is going to inherently be a pro-usury extortion scheme due to synthetic monopoly.  You would need to use a dynamic, scaling block size like Monero to fix that.



r0ach is correct.

Monero's adaptive blocksize limit poses a serious threat to special interest groups if those special interest groups are relying in whole or in part on centralized database solutions for digital payments. This threat is not immediate but rather long term and driven by the exponential falling cost of computing power, memory, digital storage and data transmission. To put this into perspective consider that Bitcoin was proposed in 2008 and launched in 2009. For comparison, the "special interest competition", multi purpose payment cards were conceived in 1949 and first launched in 1950 with Diner's Club.

When it comes to technological change it is correct that with present technology  Monero, on the main chain, could not provide the peak transactions per second of the VISA network. For the long term investor that is not the relevant question. The relevant question is how does Monero compare with the Diners Club in 1958 when it comes to reaching the current transactions per second of the VISA network? Let us not forget that the primary data processing technologies in 1958 were tabulating machines, punched cards and telegraph lines. It is here where Monero wins hands down.

Markets of course try to price in the future. The potential transactions per second in the future of the Monero Network is directly related to  the purchasing power of 1 XMR by the equation of exchange. https://en.wikipedia.org/wiki/Equation_of_exchange. The market's perception of the likelihood of  this future is reflected in the current price. This is the reason why I like the long term prospects of Monero and have sold all of my Bitcoins. Maybe the fact that I was a toddler in 1958 has provided me with a longer term perspective.  

One current example that may be relevant:

Do consumers prefer ISP's with plans offering unlimited data or do they settle for a data cap?

I am finding an increasing amount of people can't keep under a few gigabytes a month, where just years ago, the same people could do without.

Obviously a simplification, but being able to pass only 100Gb a month through my ISP seems just as barbaric as being able to pass only ~4.4 Gb a month with bitcoin.

The isp would probably just throttle my connection, maybe charge me overage costs. In bitcoin I would have to pay increasing tx fees, to prevent the speed at which my tx passes to not be throttled. If my isp were to charge too much, I would look at a second ISP. If bitcoin were to charge too much, I would look for a different way to pay, like another blockchain or payment processor.

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Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
goin2mars.
on 05/08/2017, 16:11:56 UTC
monero stuck at that price because cryptonote still did not have the solution for its problem, it will goes no where untill next year or maybe it will goes down, there are a lot of good project outhere, they will compete with monero

What problem?

Apparently of being stuck at that price.

Which is also not really a problem, at least it's not going up today, time is now much more valuable as a consequence.
Post
Topic
Board Altcoin Discussion
Re: Is Monero, Dash and all anon coins fucked?
by
goin2mars.
on 05/08/2017, 14:32:36 UTC
Yes, montero is going down. Listen to Shelby, and everyone else. Sell all your xrm to them.

Like like I said with bcx, the only flaw with monero wrt to Shelby this time around is that he doesn't have enough in his pocket.
No i don't think monero and dashcoin are bad for investing because of the price is going down, all of altcoins are always fluctuating its price ( goes up and down), but monero and dashcoin are good for investment, they have uniques fetures. Life or dead altcoins depend on the comunity of altcoins ( Dev team, miners and other), for example we can see dogecoin is still alive until right now.

Apologies, I was having a drink when writing that. I agree, and would in fact love an opportunity to sell a kidney if Monero hit 2.50 ever again. Mostly I was just trying to point out that when it comes to talking down Monero, most people are quite lacking.

Specifically in this latest iteration, I can't imagine a situation where Shelby wasn't capable of linking the facts that there is no zero subsidy in Monero, and there is also an adaptive block size, I give him far more credit than that.

So, I am left with the only thought left, which is that Shelby is once again trying to fleece newbs, like bcx did with his 'monero exploit' two and a half years ago or so.
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Topic
Board Service Discussion (Altcoins)
Re: Crazy: some guy has half a million USD on Poloniex
by
goin2mars.
on 02/08/2017, 22:30:31 UTC
As we all know by now, Poloniex is off. They are claiming it's "connectivity issues". If I had just 1000 bucks there, I would already be nervous.
I went to their twitter, and their last update was 3 hours ago. Reading the comments, I see this:

Quote
HonestCryptoTips‏ @HonestCryptoTip
Volatility = Profit for my fund. Some people have the stones to go balls deep in places others don't. 🤷‍♂️

It's crazy how much money some people have. To think he has half a million in some cryptocurrency exchange. That guy must have been so rich.

See correction in bold Tongue
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Sia - Decentralized Storage
by
goin2mars.
on 02/08/2017, 22:20:11 UTC
lol let's just say i'm a particularly bad mariner Cheesy

I put up a thread on the forums and will probably join slack soon, and of course I'll be playing with the software next. Pretty sure I've got a wallet file somewhere too.

Thanks for your help!