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Showing 20 of 378 results by kazuki49
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Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
kazuki49
on 09/01/2016, 18:47:04 UTC
Just to let you guys know. moneroblocks.eu is gone. moneroblocks.info is coming.

I forgot to renew the domain and GoDaddy "forgot" to warn me before hand so that they could try to extort an outrageous "Redemption Fee".

So that's that.

 

Seems like Moneroblocks.info is up and running. Moneroblocks.info replaces Moneroblocks.eu.

Thanks for this service, it makes a lot easier explaining Monero, specially if you compare with blockchain.info Smiley
Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
kazuki49
on 07/01/2016, 23:17:40 UTC
I'm no stranger to being strange, and thankfully it is obvious to me that Monero will slowly eat at world finance the same way that Bitcoin has.  
  
The trouble is just getting the initial universe large enough to be attractive as a financial network, but we are making progress.  
  
Kazuki, being a smart and worldly soul, do you think one should hold an even mix of Bitcoin and Monero or are you abandoning Bitcoin for more advanced projects?  
  
Personally I'm hoping for a balance of all three (maybe four) of my cryptosavings, from a USD perspective.  
  
I can't get over how happy I am that 0.9 is officially out.  Once I get home I promise to download and play with it - the time has come for me to learn how to manage my own private keys using some test amounts.  

My approach is unconventional, right now I hold no Bitcoins anymore, I recommend people doing what they feel like, I'm fond of rpietila comments about kelly and hedging so the safest bet would keep holding more bitcoins than moneroj but I'm personally not interested in participating in bitcoin as an user anymore and I don't trade. Keep holding bitcoin and some moneroj (note that ''some'' at this stage is like 5 figures xmr, because monero is very undervalued imo) at worst you'll be able to buy more cheap monero and not losing much if something happens to monero, yeah if you are heavy in crypto but conservative keep bitcoins and moneroj, I've made a decision to bite the ''risk'' because I still think monero is the best e-cash the world has seen and the community is top notch. I would really like the see a world Monero is where Bitcoin is at now, it would not have problems going further because the fundamentals are a lot stronger than with Bitcoin (and hash-rate is relative to the price so I don't count as a weak fundamental).
Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
kazuki49
on 07/01/2016, 17:00:46 UTC

As someone really interested in the prospects of true e-cash and what a digital currency can bring to the world and the masses of oppressed people I feel very fortunate to have found Monero this early, the Bitcoin situation will only get worse I'm afraid.
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Topic
Board Altcoin Discussion
Re: Crypto Kingdom - 1991 Retro Virtual World(City)
by
kazuki49
on 07/01/2016, 16:53:41 UTC
Deaths 1621; Health Challenge 1621

It is with utmost solemnity that we must announce the death of so many of our beloved townspeople, nobles and commoners alike:

Dame Leila, charid=13, age=221
Lord Dnaleor, charid=30, age=214
Lord Callixtus, charid=78, age=98
Lord Baron, Dr. HS-S, charid=93, age=79
Master kazuki49, charid=84, age=86
Ulfberht (L5), charid=97, age=78
Master Avitohol, charid=92, age=65
wojtek (L3), charid=126, age=51
Petrarch (L3), charid=115, age=44
bendubz (L3), charid=129, age=44
Monerito (L3), charid=114, age=36

May you rest in peace and never need to do the health challenge again! The King pays the funeral expenses of 2 mil on behalf of the commoners. The estates of the nobles will need to arrange their own.

The claimed character account functions for 30 realdays after death, for the purposes of giving the assets to the heirs or liquidating them. If there are any assets remaining after 30 days, the account will be swept and assets inherited by the Town for the purposes of marketing of the game. Unclaimed character accounts will be swept in 2016-1-17 regardless of whether the character has died or not. Town will decide what to do with the living characters in this case.



I was never very good at the health challenges... oh well no problem how do I transfer the stuff to a new char?
Thanks Smiley
Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
kazuki49
on 05/01/2016, 14:05:23 UTC
Before it is too late. If it is not too late already.

Unless Crypto Kingdom goes bust, XMR cannot go bust.

Instead of going bust, CK has a target of 10,000 players by the end of 2016.

Sir, what are the means/strategy to achieve this goal? I hope it is a legitimate goal, not a dream (without a good strategy and marketing it indeed is just a dream).

Post
Topic
Board Altcoin Discussion
Re: Crypto Kingdom - 1991 Retro Virtual World(City)
by
kazuki49
on 12/11/2015, 03:40:03 UTC

CON is doing quite positively, currently offering a 0.77% annual yield (49.0% realyearly). The price of one bond has risen 48% from the initial issue 8 years (2 months) ago. The main competitor, CKG, has risen about 15% in the same time. CON has also paid better dividends.

I bought 1 CON directly with the game, I have a feeling its one of the best assets to own in the game currently.

compounding [interest] is the most powerful force in the universe. - attributed to A. Einstein.

Cheesy
Post
Topic
Board Speculation (Altcoins)
Re: [AEON] Aeon Speculation
by
kazuki49
on 12/11/2015, 03:36:45 UTC
Quote from: americanpegasus link=topic=1197508.msg12952644#msg12952644

 
  

Yeah I really want to keep the current logo but this one is making it extremely difficult Cheesy
Post
Topic
Board Speculation (Altcoins)
Re: [AEON] Aeon Speculation
by
kazuki49
on 11/11/2015, 01:50:13 UTC
I consider Bitcoin a dinossaur, Litecoin I do not even consider anymore, even tho I have nothing against it and I hold a comparatively large amount than Bitcoin atm, I expect nothing from it. AEON will be the new litecoin, it will do what litecoin was suppose to do, innovate or risk falling behind, and if the fruits are good the seeds shall be planted under Monero lands.

Litecoin.



ps: I prefer the current logo.
Post
Topic
Board Altcoin Discussion
Re: Crypto Kingdom Ultima Version Development Thread
by
kazuki49
on 11/11/2015, 00:58:03 UTC
Really nice seeing improvements all over the place, I like the retro intro page, may I suggest a page where it list all the user's active sells/buys. With the amount of items to trade it is somewhat easy to forget.
Post
Topic
Board Altcoin Discussion
Re: Crypto Kingdom - 1991 Retro Virtual World(City)
by
kazuki49
on 05/11/2015, 22:17:02 UTC
Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
kazuki49
on 05/11/2015, 00:48:55 UTC

It is supposed to be created by a commercial company Zerocoin Electric Coin Company
http://www.bizapedia.com/de/THE-ZEROCOIN-ELECTRIC-COIN-COMPANY-LLC.html .

Since this is a USA company, NSA back doors and surveillance can be present. ANd why would it be made by a company? Why bitcoin ppl or just regular volunteers do it, like bitcoin was done?
 
  
The final nail in the coffin for zerocoin and the trumpet sounding the inevitable rise of Cryptonote coins IMHO.  I would not trust any zerocoin/zerocash protocol instanced by an entity in a country where backdoors are mandated in software and projects.  Sorry, still a proud patriot, but I do not love the surveillance state that has errupted in the past decades - it is an affront to the principals we founded ourselves on, and I say that as a law-abiding citizen with nothing to hide.

This.

Some relevant reading: https://igurublog.wordpress.com/2014/04/08/julian-assange-debian-is-owned-by-the-nsa/

Also debian is planning to fully adopt systemd, that some argue is a giant potential backdoor (besides a clusterfuck) for the NSA/USG circumvent the Linux kernel.

Reason why I'll be moving to Slackware or BSD soon.
Post
Topic
Board Speculation (Altcoins)
Re: [AEON] Aeon Speculation
by
kazuki49
on 04/11/2015, 20:28:16 UTC
The proposal has been made by MoneroMoo (and refined by Smooth) that the trailing emission should be 8/9% or 0.888~% (infinite 8's). 
 
I agree for many reasons.  It's a number that carries lots of mathematical amusements and symbology: 
 
https://en.wikipedia.org/wiki/888_%28number%29
 
 
It really feels like we found the ideal answer here, and I encourage everyone to get on board, but if you have any reservations or you disagree please feel free to make your voice heard. 


+0.8888888888888...
Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
kazuki49
on 04/11/2015, 20:26:27 UTC
Post
Topic
Board Speculation (Altcoins)
Re: [AEON] Aeon Speculation
by
kazuki49
on 04/11/2015, 09:46:59 UTC
Post
Topic
Board Reputation
Re: What made Spoetnik such a troll?
by
kazuki49
on 04/11/2015, 09:39:51 UTC

We get it, you don't like Monero and you don't need to but just try stick with facts instead of saying so much nonsense, unless you don't give a rats ass about your reputation, in that case full steam ahead.

Post
Topic
Board Announcements (Altcoins)
Re: [ANN] AEON 2nd gen cryptonote, anon, mobile-friendly, scalable, pruning
by
kazuki49
on 04/11/2015, 09:22:41 UTC
For the sake of the social contract it can't be 1% or higher, anything equal or bellow 0,999% is valid.
 
  
Please elaborate.  I feel like maybe there's something I'm not understanding.

If you read the first post on this topic it says:

Quote
[2] Proposed: minimum maintenance reward of <1%/year for mining incentive starting after approximately 8 years.


1. can you see that at the moment is just proposed? most likely will not be definitive

2. if says after 8 years, the problem is that we can't be sure if after 8 years the coin will be still alive so why are you always thinking that far?

Because crypto is not just backed by math or cryptography, its monetary rules are set in stone, it can't be changed later.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] AEON 2nd gen cryptonote, anon, mobile-friendly, scalable, pruning
by
kazuki49
on 04/11/2015, 09:09:59 UTC
For the sake of the social contract it can't be 1% or higher, anything equal or bellow 0,999% is valid.
 
 
Please elaborate.  I feel like maybe there's something I'm not understanding.

If you read the first post on this topic it says:

Quote
[2] Proposed: minimum maintenance reward of <1%/year for mining incentive starting after approximately 8 years.
Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
kazuki49
on 04/11/2015, 07:59:29 UTC
Monero USD is doing well because BTC is rallying
https://www.coingecko.com/en/price_charts/monero/usd

But when we look in terms of BTC, it is not so pleasant hmmm
https://www.coingecko.com/en/price_charts/monero/btc



this speak volumes about the need for a live USD/XMR exchange  Undecided
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] AEON 2nd gen cryptonote, anon, mobile-friendly, scalable, pruning
by
kazuki49
on 04/11/2015, 07:57:28 UTC
For the sake of the social contract it can't be 1% or higher, anything equal or bellow 0,999% is valid.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] AEON 2nd gen cryptonote, anon, mobile-friendly, scalable, pruning
by
kazuki49
on 03/11/2015, 21:35:57 UTC
Also, I need to do some research into Boolberry.  Do they have a trailing block reward or are they pure hard capped deflationary?  If they have a hard cap on coins, then it makes the case for low inflation in Aeon all the stronger - that way there is an original Cryptonote fork with all three economic mechanisms: deflation, disinflation, and inflation.

They are deflationary - and the dev gets 1% of all coins per block mined unless the miner bother to add a special flag, I don't have problem with this but it could easily mean trouble in the future (for the dev). They got lucky the emission is considerable slower than Monero and its making up for the lack of development (but it shows signs of not being completely abandoned).

Even if the miners vote against the reward, the reward is just deferred. If miners ever vote for the reward in the future, the deferred rewards will be paid out. So it is pretty much a 1% premine, with a lock released slowly (and at an uncertain rate). The only way to get rid of the reward entirely is to hard fork.

Boolberry has no trailing reward at all, it just goes down exponential to zero eventually like Bitcoin.

On the matter of reducing the percentage every year that seems so close to a fixed tail reward amount that it doesn't seem worth pursuing as a distinct option. As I stated on reddit I prefer a fixed reward as it has self-stabilzing properties. In erok's case of burning, the fixed reward becomes a higher percentage. regrowing the money supply more quickly. If none is burned or lost, then the percentage shrinks. This tends toward a constant money supply that is a function of the average long term burn/loss rate.

But I think an small exponential percentage is not bad either. At 1% inflation, at most (assuming no burn/loss) 50% of the share of wealth of a holder who does nothing else to add value to the economy is redistributed over 70 years (sort of a lifetime, though this might be longer in the future). Even in that case the amount of wealth may still increase if the value of the total money supply grows >1%/year. I have no problem with that.




I did not know that, this is effectively a stealthy premine, I cannot support it, the Boolberry community seems nice but here I'm wishing for a takeover now.

I trust your decision as final with regard the tail emission as it will fall within the inherited social contract, it feels like shooting in the dark regarding the correct tail as the optimal economic output will depend on many external factors that are not constant either! I just agree that it should keep the mining going forever.