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Board Altcoin Discussion
Re: rpietila Altcoin Observer
by
kbm
on 05/09/2014, 17:37:30 UTC
James

I find it very convenient that both you and jl777 share the name James
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Board Speculation
Re: rpietila Wall Observer - the Quality TA Thread ;)
by
kbm
on 03/09/2014, 08:17:08 UTC
kbm, Doge was being widely distributed by people sending micro txs on Likes for Reddit posts correct? So many people obtained it without ever going through an exchange?
Doge was a new cryptocurrency, and had a low hash rate. Not only was there tipping involved ... that came later. A large part of its hashrate came from it being so easy to mine. There were hundreds of people posting on threads there learning how to mine just stablecoin. Imagine how many were trying to mine dogecoin? The first few days I got tens of thousands, on miserable hardware. People who didn't even know what they were doing got millions.

Then there was an irc chat right on some of the pools .. so the comfortable thread like nature could continue.

My point here is that you got people who didn't even think about a power bill into mining because it was easy to do and got a couple dollars on your computer, however few dollars that was. The mining came before the tipping, and that's what brought the people to want to tip - because it was worth jack squat to someone who was around for a week and knew that 50 doge was nothing .. but to someone who didn't and was just moving with the exuberant herd .. well that was really something.

Really, in one night, you had hundreds of people who would just sit in a thread and flame people for no reason set up a server, start mining and find a block. It was just so easy and it had some kind of value (which is more value than sitting around flaming people and not getting magic internet money - the choice was logical). Again, the tipping came later.

So Bitcoin is the rich boys exclusive club and these Doggie people were not included until they got their own coin that distributed in the way they normally interact?

It had nothing to do with BTC being an exclusive rich club .. it had more of a creepy lurker vibe than anything else .. like the 22 year old man who's telling you he's making an Iron Man suit out of titanium in his dorm room. People were even making flame 'buttcoin' threads pretty regularly. It was a joke that Doge captured pretty well .. without being directly offensive. Satire.
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Re: rpietila Wall Observer - the Quality TA Thread ;)
by
kbm
on 03/09/2014, 07:32:53 UTC
kbm, I appreciate that insight, whether it is true or not it highlights the importance of qualitative and quantitative demographics. Also the network effects in games of life.

Yes, forums outside this one that now have a cryptocurrency section or topics that weren't there before.

4chan now has a /biz section, which was originally designed to facilitate the rampant discussion of alternative cryptocurrencies .. that began with the excessive moderation of Doge and Stablecoin threads that were springing up like weeds. That section continues to maintain multiple conversations about cryptocurrencies today. Before that, there was a sparse mention of a bitcoin thread in the /pol section .. they were largely ignored. You may consider that these people would have ordinarily not have invested in bitcoin .. because these threads have been on that site for years and were'nt producing the effect like it did with Doge.

Reddit now has an incredible number of threads dedicated to alternative currencies, and are a staple of some communities. Thousands of pages of nothing but Doge.

Even obscure forums like SMD, and GameFAQS forums are now exposed to these alt coins.

The qualification that forums were exposed to cryptocurrencies like Bitcoin through Doge is an important one. You've mentioned many times that people always have to go through KYC/AML laws in order to get their hands on cryptocurrencies .. well in this case thousands of people grabbed Doge and in my case Stablecoin before ever touching bitcoin. I say thousands because just a few months ago I saw more than double the number of average users on poloniex trading as I do right now (770). These people were on constantly .. and now they're not. I feel pretty safe to say that a lot came for both the Doge and Bitcoin rush.

I feel this way because when comparing the Doge and Bitcoin reddits, there are 133,973 readers and 87,036 rich shibes. From those numbers, I'd say that of the 800 (that are now not there) that were there for the 'bitcoin boom', 39.3% of them were brought in mostly from Doge using only reddit numbers. This is 315 people out of ~1500. I'm making the point that there were 87,036 people that were interested in cryptocurrencies because for one brief moment there was a link to something they were already familiar and comfortable with - making fun of people on the internet.

If you're looking for more quantification, take a look at the site traffic from those sites .. because I'd be very surprised if most of these people didn't come from one of those sources. So yes, I agree that qualitative and quantitative demographics studies show that Doge "drew in new people who would not be attracted to Bitcoin", because the avenues these people took to get doge coin were, for the most part, already subjecting these same people to bitcoin (which they then ignored) for years.
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Re: rpietila Wall Observer - the Quality TA Thread ;)
by
kbm
on 03/09/2014, 06:19:43 UTC

Dogecoin managed to attract a different demographic of altruists and I am not sure if this was sourced solely from those in Bitcoin or if it drew in new people who would not be attracted to Bitcoin? Does anyone have any data on this?


It brought in those who lived a lifestyle of satire and burlesque. People who spend idiotic amounts of time browsing the internet all day looking for the funnies .. likely to be associated with a nerd consumer culture in which memes were already ubiquitous. These are the people who spend money wastefully on browser based games linked with social media, browse various internet forums for no real reason other than lacking a hobby, or job (generally because they're locked up in an apartment for 10-14 hours a day and going stir crazy - but can't afford to do much else than internet based hobbies). It brought in many Americans who saw it as the punt. These same people only ever focus on the punt, because they're generally onto the next punt before the first one lands. These punts are free so the attention span is microscopic.

It brought in people that wanted to see bitcoin as a joke, and a satire of it was a digging dog that speaks in its own dialect. It fit into the subconscious of people that are completely miserable, and made a joke from the folly of their poverty -- and even then told them they'll be rich beyond all else because of their folly. It fit well because it was an accurate description of what people think this is all about - a cult of people digging for electronic gold saying things that make mostly no sense. It was a comfortable description, and I haven't really seen much to say that it's not an accurate one save for people telling me it's gonna be worth something some day.

Understand that these are my opinions, but I don't think it's a flight of fancy to say that this is largely true. Personally, I think that there's more here .. but take what I wrote for what it's worth.
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Topic
Board Altcoin Discussion
Re: Are Monero Monopolists angry because the Bitcoin monopoly is falling apart?
by
kbm
on 03/09/2014, 04:08:51 UTC

* i don't like being censored.

Are you talking about that time when Risto started his alt observer thread and banned you from it for a day? You haven't been back since .. you do know that quark is an alt coin .. right Cheesy ?

I think he was more unaccustomed to your eccentric and energetic posting style and worried about asserting some type of authority in his thread to set a strong precedent than he ever was trying to censor you specifically. Maybe you should post something in the thread? Maybe I'm wrong?

Before that, you actually posted that you almost bought some of it .. now you're making "Are Monero Monopolists angry because the Bitcoin monopoly is falling apart?" threads.

..what happened?

Hey did you ever get anywhere with this 'scam' cards that I saw?
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Board Altcoin Discussion
Re: rpietila Altcoin Observer
by
kbm
on 02/09/2014, 17:11:11 UTC
I am curious about the Monero development.  I saw someone awhile back ask how many "full time developers" it had.  Until that question (which was never answered) I'd made the assumption that it was probably developed by people who had other jobs.

A - I know it's been answered here and there - but who on the IS involved in Monero development?

B - How many (or all) do we know the real life names?

C - Any idea the number of manhours per week put into it?

C - Just as a side point.  Sometimes it's a little tough to link past performance with future results when those with very good development credentials probably would prefer to NOT be tied to certain projects.  

1- It did get answered by smooth, look in his posts for the exact answer to the question (brilliantrocket's question I think?). Anyways -  tacotime, eizh, smooth, fluffypony, othe, davidlatapie, NoodleDoodle. There are a few other developers involved, not sure if they're part of this forum or not.

2 - at least two core members and i believe two developers on top of that.

3 - smooth answered this as well in that post you're gonna go look for. it sounded like it was more than a little but less than a lot. that amount of time from >7 people on development is a lot of man hours.

3 - sometimes, all people want to do is link past performance with future results. This is why there is a major trend for developers to use sock puppets to manage their various coins. The developers that have decided to contribute to Monero have chosen not to go that route. Whether or not you choose to link past performance to future results is generally a matter of speculation (at least it is to me) .. unless there was some massive error or major achievement in a developers past. Taking that into account, we either have some of the worst criminals or nobel prize laureates developing these coins.
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Board Altcoin Discussion
Re: rpietila Altcoin Observer
by
kbm
on 02/09/2014, 16:55:33 UTC
I was thinking if it is too invasive to reply, but then I realized that this is my thread, and you are the stranger, so it is definitely OK.

I was thinking if it is too early to tell that we are having a closer cooperation with David, who will be situated in my castle, but then I realized that he has already disclosed it in his CV, so it is definitely OK.

I was thinking if it is too modest of a resume, telling only about English and Office skills, but then I realized that I also don't have much more to put on my resume, which I don't even have, and neither does the critic, so it is definitely OK.

Just another telemarketer, this one appears to be selling gold stars.
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Board Marketplace (Altcoins)
Re: Cryptonote Price Alert! for iPhone - help needed!
by
kbm
on 02/09/2014, 10:05:08 UTC
..
I've search the App Store and cannot find an app that fits the bill.

If there an app already floating around, please let me know. If it's good, I'll happily use this thread to plug it. I'm not trying to reinvent the wheel.
...

Greekbitcoin already has a price monitoring app (worked with a friend), so maybe try messaging for information about it?
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Board Altcoin Discussion
Re: Unveiling the truth over the major Monero hoax
by
kbm
on 27/08/2014, 10:01:55 UTC
The XMR devs are not capable of maintaining their coin as they simply do not grasp CryptoNote tech in full. Bytecoin developers are the ones who created it and keep contributing. Having such an enemy is very scary if you cannot develop the protocol yourself. And that is why XMR bagholders are so cruel to both Bytecoin and CryptoNote. They don't need such an enemy, they aim to discredit it. No matter what it takes.

I noticed you've been saying 'we' lately .. so I'm going to take a leap of faith. There would likely be no 'XMR devs' at all if you people didn't launch an 82% mined coin into the public eye. That alone has lost you your crown, regardless of how much better you think you can manage the project. That your opinion is that they cannot manage it better than yourselves is a 'no shit' kind of statement - you fucking made the code. Then you tried to tell 6 billion people they can only ever have 18% of your fantastic creation. That's just not gonna fly in this reality. That's why BTCtalk members and people outside your closed community treat Bytecoin and CryptoNote like crap: Hypothesis rejected. As far as 'enemies' go: You're still open source, and for the most part not really a threat. You want your software to be in the hands of 6 billion people as much as we do; however, it won't be your efforts that bring it to them. That responsibility was taken from you, be it right or be it wrong - it is fact: Hypothesis accepted.

If we go back to H1 & H2, we can conclude that everything you see about Monero is fake. The Monero developers are not able to maintain and update the coin they've hijacked from thankful_for_today. In the meantime, botnet owners secure their profits by promoting XMR through purchased accounts, black PR, and fake trades. They continue to lure you into investing into their botnet mined currency so that they can profit.

Everything about Monero is more real than most everything I've seen in my entire short amount of time spent in this miserable forum. More real than the monitor in front of my face or the keyboard I type to you on. The developers will continue to live up to being able to maintain the code to an acceptably high quality - and it will take a different trajectory than you wanted it to. I get that you think that having 82% of the currency in your hands means it won't be in a botnets hands - but it violates a simple law that runs markets and gives things value: Everyone has paid the market price. You have not had a market for >80% of the existence of the currency, therefore you cannot follow this law. You lied, cheated and stole what you pretended to offer us - this is far more detrimental than any botnet can ever be. You did not pay the market price and now you're paying the ultimate price. If you would like to have some form of representation in the future of your project - I suggest you join teams with Monero now, else they (and those 6 billion people) will continue on without and despite you.
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Board Altcoin Discussion
Re: Unveiling the truth over the major Monero hoax
by
kbm
on 27/08/2014, 09:14:53 UTC
HAHAHAHA really?  You are going to quote one of his "predictions"....  ">10,000 people using the software", really?  Show me 10,000 crypto users that want to try and use that command line wallet.  I doubt there are more than 1000 people using the software.

You forget, that you (as the discreditor) must bear the burden of proof (much like I now have to do with anything I've tried to discredit). I accept that there's 10,000 people here, and eagerly await you to prove me differently .. not the other way around. Also, there's a GUI here: https://bitcointalk.org/index.php?topic=683365.0


Volume, little to no new signs of XMR support in and chat box, and lack of new users showing up in the XMR forum.  
Volume? What volume? It's as if you're convinced there's only 600 BTC, and 200k XMR in the entire world. This is the same fallacious reasoning behind people saying their little project is going to directly displace litecoin. I don't understand the logic - there's trillions of dollars .. and it seems like people are constantly under the impression that what they see on coinmarketcap is all there really is ever. There are many new users showing up in the BTCtalk forum .. few if any of new people directly show up on any of the advertised XMR forums .. and I don't blame them. Darkcoin had almost nobody going to its forum until it had a significant value. Often times the individual coins forum can be thought of as the 'coin graveyard'. Interesting that you actually want people to go to the coin graveyard .. ulterior motives .. is it true? Hypothesis accepted!

Back to what we were talking about - there's plenty of signs of new support - the hashrate has been climbing steadily, we haven't made a new ATL that was lower than the previous ATL before a major uptrend started .. plenty of new people appear on the btctalk threads. If you're not seeing it, it's called 'confirmation bias' and you should look it up please.

This is what is on the books.  There are a lot of XMR off the books.  There were 40,000 XMR sitting at 450k the other day.  It was pulled after several people started talking about it.  This was at the same time rpietila showed up.
It's still only 213k XMR, 7.1% of the currency in circulation. We now have 1% of the people, 7.1% of the currency, and 3.2% of the marketcap in demand on PLX. That's like saying the entire United States is going to secede from the union because colorado wants to split into north and south colorado. Just not seeing how you can get any worthwhile information from that.


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Topic
Board Altcoin Discussion
Re: Unveiling the truth over the major Monero hoax
by
kbm
on 27/08/2014, 08:30:59 UTC
Does ANYBODY care about Monero except for the flaming fanboys and Poloniex? No.  Most of the XMR market is being supported by Polo and the massive amount of fanboys there.  Lets look at some real proof.

...
...

Umm, no.  You are trying to muddy the water with a comparison of percents and ignoring the question/statement.  



Because your statement translates to "Does anyone care about Monero besides the people trading it on an exchange"

To which you answered 'no'. This is false because there are predictions of >10,000 people using the software (one of rpietila's posts I believe). There's less than 50 -100 people trolling the troll box pretty much all the time. I'm not really sure how you managed to draw a complete picture from <1% of the people involved in this coin. Also, from what I can see there's only 173k XMR up on PLX right now. I'm just not seeing how you're making a complete picture out of what's been about 5.7% of the currency.

He didn't answer/address your statement  because you've made an assumption and declared it as a factual answer. Logical people cannot answer your illogical reply, because there's no logic to it .. how are you missing that?
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Topic
Board Altcoin Discussion
Re: Pandacoin to overtake litecoin in Marketcap
by
kbm
on 27/08/2014, 08:20:27 UTC
This is how you sell garbage to people, not whatever it is you're doing: http://www.theonion.com/articles/were-going-to-enjoy-this-cocainefueled-mason-jar-r,36779/

Quote
When I became an executive of a company that produces mason jars back in 2003, I never dreamed my life was going to be like this. A decade ago, we were just another glassware business, but now, there’s not a precious little bar in New York, L.A., or anywhere else that isn’t serving drinks out of our iconic containers. And now that mason jars are on top, now that my fellow executives and I are goddamn beverage conquistadors, we’re going to enjoy this cocaine-fueled rocket ride for as long as it lasts.

I’m blasting off to fucking Mars, dicksuckers, and I’m headed straight through the belly of the goddamn sun!

As long as every gastropub and Williamsburg speakeasy wants to keep pouring craft cocktails into our jars, we’re gonna swim in uncut Peruvian street spice and party like savages. You keep mounting mason jars by your bathroom sinks and using them as toothbrush holders, and we’ll keep buying Fabergé fucking eggs faster than Sotheby’s auctioneers can shit ’em out. You make mason jars into jack-o’-lanterns, we wear tie pins that could fucking put a kid through college.

You don’t think I’m a bona fide golden king? I’m on a hovercraft right now. That’s what that sweet crafting green will get you. That, and world-class trim at every nightclub VIP room on earth.

Seriously, it’s like my mansion magically grows a new Italianate fountain every time someone fills our jars with seashells and uses them as decorative centerpieces. I have eight infinity pools. Look, I never expected any of this from mason jars. Who would? You don’t get a 600-foot mega-yacht and not give an ever-loving fuck if you sink it if all you’ve got bankrolling you are little old ladies canning strawberry preserves. But the way these babies are selling, there’s no limit to what my colleagues and I can get away with. We’re better than men, better than gods—we are jar-powered god slaughterers!

I haven’t slept in five days, and I don’t give a shit. I don’t even remember buying this cheetah.

Do you know what I can do? I can walk into any bed and breakfast in America and just take my dick out, right in front of everyone. And no one’s going to say shit to me. Because they know that without me, those mason jar light fixtures with a bulb strung through the lid wouldn’t exist. They know that I gave them that nice little rustic touch—Me! I did it! I fucking did that! So, my room better be ready, and there better be a kilo of Vermont’s finest crystal on my pillow, too, because if there isn’t, I’m taking every one of my jars out to my Bugatti with me and you can explain to your guests why your flowers are stuffed in a boring ceramic vase that makes them want to blow their goddamn brains out!

Do you understand me? I’m fucking everywhere now because you ballbags can’t get enough quaint jar action. I’m in the Acropolis kicking over vases; I’m in China dick-slapping terra-cotta warriors; I’m in the goddamn British Museum jizzing on the Rosetta Stone, ’cause I’ve got an all-access pass to everywhere and I’m blitzed out of my skull. I’m the high priest of eternity!

Hey, don’t get me wrong. I know you’ll walk away from mason jars eventually. One of these days, you turncoat fucks will be done with your mason jar snow globes and spice planters, and you’ll move on to vintage soda bottles or pewter beer steins or whatever other trendy container gets you rock hard for a while. But until you do, we’ll just go right on fisting porn stars five at a time on the 160th floor of the Burj Khalifa—put a picture of that on your little Pinterest page under “Cute Wedding Ideas.” When we at Ball Mason Jars finally go down, we’re doing it like the Vikings fucking wish they did.

But guess what? I’ve also got investments in wall hangings, votive candles, wicker wreaths, and a hundred other types of wholesome homespun crafts that you brain-dead little dipshits eat right up. The other guys at my company might be content to slink back to obscurity once mason jars are over. But not me. I’m not about to walk away from my new life. I am everything, I’m the world, I’m the last nail they stuck in Jesus, and I’m gonna keep burning and burning and burning till I’m a crispy fucking corpse or you finally get tired of DIY furnishings, which will be never.

Now go make some wind chimes out of mason jar lids. I want another island.


..except replace every instance of mason jars with Pandacoin or whatever heap you feel like hyping for the next couple of days.

Are you guys even trying any more?
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Board Altcoin Discussion
Re: Unveiling the truth over the major Monero hoax
by
kbm
on 27/08/2014, 08:08:08 UTC
I've seen estimates as high as 10% of the current supply.
rpietila said that in the troll box.  There was plenty of people online to see it.  I'm sure there are others that can prove this statement.

I have repeatedly told that "at this price I could buy them all". Why did you not choose that as a basis of scandal?

Shocked "rpietila probably owns all XMR"  Shocked


..is it true?

Hypothesis accepted! Cheesy
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Board Altcoin Discussion
Re: Monero XMR ... Why do people fall for the shills and bullshit?
by
kbm
on 22/08/2014, 18:53:10 UTC
There is not a mandatory mixin feature. Tx fee is not variable.

Your own presentation, page 9 and after talks about nothing but forced mixins:

http://www.slideshare.net/boolberry/boolberry-solves-cryptonoteflaws-37055246

Also, your developer has said you are wrong here also:

It does, because it:

Quote
...FORCES other people to use some specific level of mixin factor in future transactions....

And this is precisely showed in our presentation.

Also, this is discussed here: https://forum.cryptonote.org/viewtopic.php?f=12&t=239


Additionally .. are you joking or serious that the tx fee is not variable with the size of the transaction? Not much of an abuse deterrence here, now that you're entirely dependent on forced mixins to provide 'guaranteed' anonymity.
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Board Altcoin Discussion
Re: Monero XMR ... Why do people fall for the shills and bullshit?
by
kbm
on 22/08/2014, 16:06:19 UTC
You can compress a file into an archive. You haven't made the file smaller, you've just compressed it. Putting blockchain into a database hasn't trimmed the actual dataset.  It's just put it into a database, BBR would actually reduce the size of the dataset. Spending time on database is a commendable piece of work and a needed contribution to cryptonote, yet If I'm not wrong it's something which can, and would be expected be adopted by others. So you can have a 'pruned' dataset IN an embedded DB.
But it's not pruned, it's 'pruned'. It will continue growing forever - just because he bought an extra year or two for something that's not even really a problem for easily over five years doesn't really sell me on it right now. Specifically because it's an partial solution to something that's not important right now when the chain is small. If he doesn't spend time on things that are important right now - building community, a real GUI, protocol bug fixes, multisig, firing btc-mike .. and instead spends all day working on things that have zero effect right now .. but can be done in the future .. then why would I ever think that he's gonna be working on the right thing? If one were to take this illegitimate 'pruning' as a selling point .. I would feel that there's a distinct lack of prioritization. I'm just not sold on that one, because of the trade offs involved (below). He has time to create a database - so why not work on that? Yes, I agree that 'pruned' in an embedded DB would be fantastic, but the reality is that taking a potshot on my mixins isn't the way to 'prune' cryptonote. I don't know what is .. but it's not that.

Care to elaborate, exactly how he ruined your anonymity set? factoring in the mandatory mixin features added. I don't disagree with some of gmaxwells statements though.
That's just it - now there's mandatory mixin features, you're left with no freedom to choose to mix at all .. and you pay higher tx fees because of that. What does this spur? Someone on the CN site said it best: A tragedy of the commons! It will get to a point where the biggest damn transactions will be chosen over the small ones, to an extreme and much faster when on a comparison with bitcoin or even Monero. The transactions are already larger with CN - there's only so many that can fit into a block, and even then there's only so much to the adaptive limit. The space will run out, and miners will cash the transactions worth the most value. It will cause transaction witholding attacks etc etc .. not something I'd want to encourage. Apart from that .. CZ decided to make space by trimming RS's. That means this data is not there to mix with when it originally would have been! Now we absolutely need miners to cash the highest mixin transactions in order to make more of an anonymity set, so that you can remain cryptographically anonymous in the first place!

Why do you keep bringing up the database..  after XMR team commandeered Bitmonero, rebranded and began their (very good) concerted marketing efforts, was there a database? NO. so same question to you- why do you want to trust those guys who never put the time into putting in a real database in the first place? Why didn't they do a proper relaunch and fix the problems?  instead of just hijacking, changing the name initially and calling it a day. Because they weren't in a rush right?  Roll Eyes  
Monero was launched by TFT, not the team that is in control today (I know you know this). I was here since the launch was delayed about an hour and a half because TFT couldn't compile binaries. Shit yea I made some Moneros, then I bought much more than I mined on top of that! Why would you need a 'proper' relaunch when there was no violation of the social contract in the original? It was fair in every regard. Just because theres no DB doesn't mean it's not fair. That just means it needs improvement .. because it would be retarded to relaunch a fair coin that was taking up a little more disk space than bitcoin, but was still totally accessible to anyone that was asking for it. How do you have a problem with people taking control of an open source project? I'm just not seeing a problem with this .. people decided to support Monero, the currency, and then the original team or two (probably more factoring in the coin-mill argument) made a decision that exactly zero people agreed with .. and an alternative was offered by the very same group that's in control today. The community voted them in, and the old idiots out. What we were left with was a group of people that haven't fucked us over to date. I consider that a good decision.

Anybody could of cloned bitmonero and rebranded it as moneronxt or some moronic shit without making any changes at that time, just promised ones at a future date... No shit they would be first to launch then.  No shit BBR launch was a little later because it actually implemented it's own novel ideas. Brand new PoW for instance. A whitepaper of which was recently released yet torn to shreds by die hard monero supporters nitpicking at minor (mis)interpretations of sentences, the dev doesn't even have english as a native language.
btc-mike mentioned somewhere that he made comments in that paper as well .. not sure what you're doing defending the language part. Also - peer review. Btc-mike seems to know English. Hell, CZ probably could have paid someone twenty dollars and got someone to read it for grammar .. not my problem. Fact is - he didn't do it, and chose to release a shoddily-written white paper .. which are generally things that suffer through incredible amounts of abuse regardless of grammar errors or the fact that CZ wrote it. No amount of tears after the fact is going to change that. Guess it's time to make another go at that one.

We come again to the predictable answer 'they are working on it' ... 'doing it properly' (stab at other coins implying they aren't) - XMR started by copy pasting BMR without making any changes  to launch earlier but now the team is working on it and that's what counts. It'll come soon...please.. So maybe BBR dev is also 'working on it gradually' like XMR works on their features gradually. As you know.. you cannot rush these things..

Ultimately, the argument you use to deride BBR is the same one you use to support XMR. If XMR is amazing because it's fixing problems not today but X date into the future, why can't BBR or any other coin be be that way?
My concern with BBR is not that the development is slow or in process, where did I say that? My concern with the development of BBR is that he is working on:
Quote from: you
novel ideas
It's insane to think that with the CN protocol being shoved down everyone's throats .. but now within a month .. even that wasn't good enough! No! We're gonna shove more crap down your throat! Just too much information coming at once. People were still trying to understand wtf CN was, and here comes some guy who not only says it has flaws .. but adds novelty features to it! If it had flaws .. why the fuck wasn't he fixing them?! Again, I consider his method of compressing/trimming the blockchain a hack .. because of the tradeoffs. A database has zero trade offs, and yields the same shrinkage his solution does! Good luck trying to sell people on "Well, instead of compressing stuff like those other guys are taking so long to do we just cut parts out to have the exact same result for you, so long as you're willing to pay a little more! Also, enjoy waiting a day for your transaction to be picked up in ten years! At least at the end of the wait you can save a billionth of a microsecond and just have someone send you money to your alias!"


The whole point of this being a trustless, transparent feature baked in is so you don't need a (usually centralised) third party service.  It's a frictionless process to send money to an alias with BBR. No need to remember a long string of characters, no need to trust any other service. With XMR to send money to your friend alice, you have to ask her for her address, and then paste something like 226f0f1682c3f5afda441789f4c9eee0c124586c4fd729c3103f63f4675f225b to send her funds. You have to save that into a notepad file or address book to keep track of it.  With bbr, you could just type @alice and hit send. No arguing that that isn't a nicer experience.
You don't need trust for a wallet address either. Just because I have to right-click copy and paste one string doesn't really make me mad I have to do the same with the other. Then there's the name squatting -- again introducing a tragedy of the commons. You're setting people up against each other on shit that doesn't need to be implemented into the protocol. Oh the horror of copying and pasting!
With bbr, you could just type @alice and hit send. No arguing that that isn't a nicer experience.
Which works if I know about less than ten people. Anything more than than an I'm gonna save the alias in a notepad anyways - because again tragedy of the commons will force people to compete for alice1, alice2, and alice3. How do I hold all these alices? In a notepad - with their last name and other contact info the same as I would with XMR. It's a non-benefit novelty feature that will wear itself out as soon as people have to compete for aliases.


what was affordable because nobody wants the coin -- The mandatory donation to the author of moneros closed source GPU miners?   I can't see how you'd even try to argue that closed source miners with pitfalls twisting your arm behind your back if you don't donate (you earn more donating than the loss of hashrate in not) are better than open source BBR miners for the ecosystem.
Yeah - funny thing demand is. If people want the coin, and you have what produces the coin .. are you gonna feel compelled to give them that for cheap? The bounty for the BBR miners to be open sourced was considered a fair price for it at the time (otherwise there would be no source). Because the value offered was less than what is currently offered for an open source XMR ATI miner, I'm making the correlation that demand was less. The market cap has already reached a significant value to afford open sourcing the XMR Nvidia miner, and only time will pass before the bounty will be considered significant enough to open source the ATI miner. Whether this will correlate with an increased market cap, increased difficulty, or decreased demand are not up to me. As the value currently stands at roughly 500 XMR and some BTC, I don't think it will be soon. Fortunately, a small developer fee is being easily bought every day .. while still giving people fair access to minting the coin. If it weren't then nobody would use the program.


You haven't actually argued against the point there. the vision was supposed to be "close to BTC original curve" < Does it look close to BTC curve to you? half of all supply mined within a year.. seriously? I'm fine with it, because the more for me and less for others the better, as is everyone elses mentality lucky enough to be here early on, but it means potential pool for participants is much smaller. If BTC was 50% mined in 2009-2010, when it was more mature than XMR, (although the concept wasn't) I'm sure it wouldn't have taken off in the same way.

But saying that I can't pretend there hasn't been worse around, the fact NXT is near the top of the crypto market caps is testament to that. Also have to concede if the free market believes. they'll buy regardless of the distribution. Still can't lie and say it doesn't seem shortsighted, perhaps even lazy and greedy to not have tweaked it.

TFT was the one who added the 'feature' (bug) to change it from 120s to 60s which caused it's own set of problems. It since hasn't been corrected. It's one of the reasons you saw so many orphans-  verification is expensive, that wasn't optimized, neither was the daemon, etc all CN coins had problems but XMR had issues even more so with introduction of 60s block. When XMR was hijacked from TFT, the new devs made no effort to fix his questionable changes, Those params were left the way they were, despite there being arguments against them they were left to stay . Why even choose it? why keep it.

They couldn't be changed at this point, no way. It would harm XMR too much.. So it HAS to be swept under the rug and masqueraded as an intentional design choice to save face.

I guess I should explain - my personal stance is that absolutely none of us knows exactly what emission curve is correct for a cryptocurrency in 2014. Not how long it should go on for, not how much should be in the reward .. we're getting a good idea on block times but that's about it. I think many agree that a couple weeks is too short .. but look at some of the PoW/PoS coins that are still around. Clearly I'm not 100% right, and don't claim to be because it would be insane to tell these people they're wrong unless I was from the future and knew the correct emission for a cryptocurrency. In short - I don't argue the point because I have no legitimate opinion about the emission curve, and I'm okay with not knowing exactly how it's going to turn out.

I think most people dismiss it as a bug .. because if we all understood CN, we would have had a valid understanding of the block rewards and known before TFT launched the coin. Shit was open source from the launch. The social contract is in github, not on the OP .. that's why this shits open source. TFT lied to us, but the social contract is and has always been the current emission. The only fix I think anyone can agree on would be to change the block times, and keep the emission. That's probably gonna be a 'run this version of the source or that one, up to you' kind of thing though .. I hope it happens and there's no serious divide like the last time something like that was used in XMR.
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Board Altcoin Discussion
Re: Blowing the lid off the CryptoNote/Bytecoin scam (with the exception of Monero)
by
kbm
on 22/08/2014, 11:32:12 UTC
...
I didn't read
...

You should try it out sometime.
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Board Altcoin Discussion
Re: Blowing the lid off the CryptoNote/Bytecoin scam (with the exception of Monero)
by
kbm
on 22/08/2014, 11:15:54 UTC
I am not - please let me know where I've been purposely abrasive, tongue-in-cheek poking notwithstanding.

You are not. However you choose to ignore and refuse to condemn the campaign of bile, vitriol and FUD against every other cryptonote coin by Monero trolls and shills.
It is obvious to everyone else on this forum that their actions are not only damaging the whole cryptonote ecosystem but also your work in developing Monero.

Its called Karma and you don't seem to be enjoying the reaction!  Cheesy

You're using disinformation. The funny thing is that you've already quoted the same post I'm going to quote right now .. so I know you're lying:

This is why I don't own XMR or any CN coin. The Monero trolls are everywhere, every coin thread Cryptonote or not, and why the fuck would I want to buy a coin when current coin owners are so desperate they feel the need to troll so dam much. Even smooth trolling the Bytecoin thread so fucking hard and he's part of the Monero team..seriously where do you guys get the time to troll so much? And you're actually hurting XMR not helping, it's just making this whole cluster fuck surrounding Cryptonote coins worse.
My conclusion, Cryptonote coins are all FUBAR

The author of this post is NOT involved with Monero in any way. I cannot refute some or even most of his findings, but I certainly disagree with the vitriolic voracity with which it is delivered. He is exceedingly angry, and that is at odds with the way any members of the Monero core team view CryptoNote or Bytecoin.

I can only find the one comment that smooth made recently in the Bytecoin thread, and I don't think there is a fundamental problem with engaging cross-thread. We harbour no ill-will against Bytecoin, so to label a tongue-in-cheek comment as "trolling" is a bit of a stretch, don't you agree? I know it's a fine line, but I don't think we're being purposely obtuse or abrasive.

As to those involved with Monero who you label "Monero trolls", we simply cannot control anyone. People are going to say good things and bad things about Monero, and it is not our responsibility or in our best interest to attempt to stifle free speech. There will always be people that passionate like or passionately hate Monero, and that's a good thing, as it encourages intense debate. For those that cross the line to trolling or excessive pandering, I apologise for their behaviour on behalf of the core team. We do not condone it, but we are also not in a position to be able to stop it. Please accept my personal apology as well if the behaviour of anyone even peripherally involved with Monero has offended you in any way.

The core team has condemned the actions of this twisted campaign. What they can't do is get you to not be a flat out liar.
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Re: Monero XMR ... Why do people fall for the shills and bullshit?
by
kbm
on 22/08/2014, 09:36:01 UTC
Have you tried downloading the client? Everything is clunky and slow. I'm not really big on Cryptonote, but I tried Boolberry, just to see if the problem was endemic to Cryptonote, and it isn't. Boolberry was basically one click, fast and everything worked. Using Monero gave me the perception that it was put together by incompetents. These people are holding up a pile of shit and claiming that it's gold. The community is literally full of megalomaniac delusionals. At least put some effort into usability!

Absolutely agreed. I posted about this previously:

I've just attempted to install XMR wallet on OSX. visited the (awfully formatted) page at http://monero.cc/getting-started/ to extract the OSX setup in a tar.bz2 archive

I'm left with some cryptic error in the command line about boost librarys

Meanwhile the BBR wallet was a simple one click to setup


Right now, BBR just works- one click setup. It syncs faster than XMR. The interface is not in wireframe or mockup stage, it's out now and perfectly intuitive  It improves upon the anonymity of CN

It has inbuilt capability to reduce the size of the blockchain by 30-70% BBR features aliases, so you can send money to your friend tony by typing  @tony and clicking send , just like twitter messages. Meanwhile with XMR you are forced to copy and paste long sequences of numbers. BBR has completely open source GPU miners, that don't hold you to ransom by stealing hashpower or forcing a donation to the dev like with XMR.

BBR has got a much more attractive emission curve that actually had a bit of foresight. XMR was cloned verbatim without much thought it seems. greedy miners will love it though.. BBR has more sensible block times. with BBR there is more chance for ecosystem to mature to a level where a larger pool of participants can gain rewards, XMR will be 50% mined in a year, which has been a death sentence for other coins.  BBR will require less daily BTC inflow to maintain the current price, the list goes on.

 Monero is praised as the 'only contender in the risk for global liquidity market' or some shit, claimed as the next litecoin, pumped all day long by rpietila and his band of merry men. Jumping on the trollbox is a harrowing experience because you get accosted by guys who ask if they can just take 2 minutes of your time to tell you about monero almost instantly. We're seeing 1000x price increase predictions for XMR. Not going to happen of course but it sounds good, and that's what matter- gives a target and a bit of hope. Who would want to miss out on 1000x gains? no-one so join the train! Meanwhile BBR is ranking barely above CleanWaterCoin, below applecoin, guldencoin, zccoin etc and constantly hemorrhaging. What a Sorry state of affairs. I know which one I see more upwards potential in

XMR proponents and shills will come here and spout the same story 'we are not taking part in a race' we're doing things slowly and gradually. Tortoise and the hare style. They make these insinuations BBR has rushed and that'll cost them the race that they are already losing for completely different reasons

If you haven't actually used the two, go and use them both side by side. BBR just works well, now. Perfectly decent user experience. I know I come across here like a massive BBR shill but it just boggles my mind to see the disparity in valuation. BBR is almost 5% of the price of XMR. you can literally nearly by 20BBR for every 1 XMR. The fundamentals are not in place to support that fuckery.

See, now that's a well written criticism. Worlds apart from OP's faggotry that included no arguments whatsoever.

Anyone care to comment on it and write a rebuttal? Fluffypony, maybe?


(disclosure: Monero owner writing)

I believe both fluffypony and smooth have responded to those exact criticisms every single day for the last 2-3 months.

Here's one response:

I've just attempted to install XMR wallet on OSX. visited the (awfully formatted) page at http://monero.cc/getting-started/ to extract the OSX setup in a tar.bz2 archive

I'm left with some cryptic error in the command line about boost librarys

Meanwhile the BBR wallet was a simple one click to setup

I'm shellshocked people are paying 17x more per XMR than each BBR in this state. Hope XMR team can correct these shortcomings.

Boost is merely statically compiled in to the Boolberry GUI (clearly a necessary step with any accessible UI). We specifically chose not to do that for the 0.8.8 release. If you are struggling with the high barrier to entry feel free to PM me and I'll walk you through installing Boost, ok?

Quote
It has inbuilt capability to reduce the size of the blockchain by 30-70%

By cutting out dust from block rewards. Monero can have this as well. They chose to spend their time on building a proper database instead. I think I saw CZ get all giddy when he tried to make the point that a hard fork would likely be required to do exactly what he did. TBH, I've heard claims of 30-70% reduction with just a database being a possibility .. so why this is being repeated and hailed as a pinnacle achievement (trimming dust) I don't really care to know. Nobody knows the exact percentage:

Quote from: BBR OP
-Transaction identification by prefix allows Boolberry to cut ring signatures from block chain reducing block chain size by 60-90%
-This provides over a 55% reduction in block chain size. These features are found in no other CryptoNote based cryptocurrency.
..so I'm gonna ask you .. could it be that we're really just dealing with a guy that wanted to take a hacked shortcut by ruining your anonymity set and not deal with putting the work into creating a real database in the first place? What you should be asking is why he didn't put it in a real database!

Quote
BBR features aliases, so you can send money to your friend tony by typing  @tony and clicking send , just like twitter messages. Meanwhile with XMR you are forced to copy and paste long sequences of numbers.
Ten years, tony will have to pay an address licensing fee. His social security number will be replaced by his blockchain alias and it will be just wonderful. Not really .. these aliases are kinda pointless. Any benefit provided by protocol enforced aliases can just as easily be given by a third party that would use the alias in the first place. Also .. what if someone nabbed your view key or got access to your wallet? Imagine having to pay another aliasing fee? Could be lots of money. Why go through the hassle?

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BBR has completely open source GPU miners, that don't hold you to ransom by stealing hashpower or forcing a donation to the dev like with XMR.
..which were affordable because nobody fucking wants the coin.

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BBR has more sensible block times.
Oh look! Another time traveler who knows for sure that blocks should yield exactly the amount of value that BBR produces! How convenient!

Quote
XMR proponents and shills will come here and spout the same story 'we are not taking part in a race' we're doing things slowly and gradually. Tortoise and the hare style. They make these insinuations BBR has rushed and that'll cost them the race that they are already losing for completely different reasons
Bullshit! This is a race, and it seems that the only thing with developers running a marathon here is Monero. If they have too much class and style to not say that, then I'm gonna put it right in front of your face: The competition is simply out-classed and totally out of its element here. It will lose its breath.
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Board Altcoin Discussion
Re: It has come to my attention, that everyone here is retarded. Please Read.
by
kbm
on 22/08/2014, 00:27:59 UTC
Some people here have actual learning difficulties:

... I have learning difficulties.  Grin

I admit, that I fall under that umbrella too! OP is right!
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Board Altcoin Discussion
Re: MONERO XMR DROPPING LIKE A STONE GET OUT WHILE YOU CAN!
by
kbm
on 22/08/2014, 00:25:10 UTC

It's okay, J1mb0 has learning difficulties!

... I have learning difficulties.  Grin

I bet the monitor was upside down! Silly J1mb0!