[XMR] Monero Speculation

[Globb0]

Personally, I think s2x will be the longest chain, because BTC hash rate will be inadequate to keep up.  According to Satoshi, that makes s2x the true chain.  Once the chains diverge enough, and before the deluge, it will be time to dump BTC classic.  And yes, I will roll gains into XMR, of course.

Its getting totally confusing.

Its hard to keep your eye on the pea under the cup

[uslfd]

Hello guys I'm new to Monero, just wondering what is causing the recent drop in Monero?
I know recently all altcoins were crushed by BTC's rise, but is there any specific reason Monero collapsed against BTC?

Thanks.

[Surging Chaos]

Hello guys I'm new to Monero, just wondering what is causing the recent drop in Monero?
I know recently all altcoins were crushed by BTC's rise, but is there any specific reason Monero collapsed against BTC?

Thanks.

No real specific reason. All alts are being sold to chase BTC forks.

I mean, look at ETH. It's now under 0.05 because of this.

[inthelongrun]

This is one of the busiest threads here in the Alternate Cryptocurrencies. The community of followers of Monero (XMR) is very huge. I guess the feature that makes Monero the topmost coin when it comes to anonymity has bear fruits. It has effectively pulled crypto fanatics together close to this project. Bitcoin, although proclaiming to be anonymous, has been proven to be less. Monero is now the leading figure of anonymity.

[Hueristic]

Hello guys I'm new to Monero, just wondering what is causing the recent drop in Monero?
I know recently all altcoins were crushed by BTC's rise, but is there any specific reason Monero collapsed against BTC?

Thanks.

BTC rises and alts fall (some more than others ), but Monero seems to hold well vs usd for long stretches of time.

This is one of the busiest threads here in the Alternate Cryptocurrencies. The community of followers of Monero (XMR) is very huge. I guess the feature that makes Monero the topmost coin when it comes to anonymity has bear fruits. It has effectively pulled crypto fanatics together close to this project. Bitcoin, although proclaiming to be anonymous, has been proven to be less. Monero is now the leading figure of anonymity.

Very true, welcome.

[iCEBREAKER]

Personally, I think s2x will be the longest chain, because BTC hash rate will be inadequate to keep up.  According to Satoshi, that makes s2x the true chain.  Once the chains diverge enough, and before the deluge, it will be time to dump BTC classic.  And yes, I will roll gains into XMR, of course.

Nope, the longest valid chain is Bitcoin.  Barry and Jihan (or anyone else) may make an invalid chain as long as you like it to be (EDA and ASICboost help too), but it will be ignored by economic Bitcoin nodes because it violates their governing consensus rules.  No amount of drama can force Core nodes to accept invalid blocks, as we already know from enjoying the lulz provided by Bitcoin Scrypt, XT, Classic, Unlimited, Bcash, and most recently, Bgold.

BTC hash rate responds to economics.  Within the incentive structure designed by Satoshi, as tx fees pile up and compete "inadequate" hash rate is a self-correcting problem.

Ironically, panic sellers help ameliorate the (exaggerated) problem of sluggish confirmations by paying higher fees to move coins for dumping ASAP.

Can't wait to see B2X #rekt by the same transaction fee markets the Gavinistas have spent years FUDing, ridiculing, distrusting, and trying to forcefully replace with a more centralized network...

Why wait until the rest of us may also be rolling gains into XMR?  Adam Back is offering 3 B2X for 1 BTC right now.  What a deal!  Better act fast!
https://twitter.com/adam3us/status/924637643035545601
https://www.reddit.com/r/Bitcoin/comments/79h032/seeking_buyers_of_b2x_coins_price_3_for_1_in/

Don't worry about possibly being too much of a whale; Adam says there are available many batches of 750B2X for 250BTC.

[elrippos friend]

Monero is alright but can someone explain me what chance it stands against Zcash? I think Zcash has already proved that they use by far the most superior cryptography. And if you don't believe me, you don't have to. Just ask yourself why JP Morgan is implementing their solution and not Monero's solution in their blockchain ledger, or why Ethereum is implementing the Zcash technology and not the Monero technology? I have nothing against Monero but it looks to me like everything is against that coin, what are the chances of success when developers come up with real innovations. That is already a good proof that is reflected in the price of the currency, Zcash is far more valuable than Monero, so the market has spoken regarding that topic. Monero has to implement some real alternative to even come close to compete with Zcash. I wish the team best of lack, we need competition in the space because it pushes us to improve our service and products, I hope it does the same for Monero.

You wonder why all are implementing z-cash or the tech of z-cash, well count the bodies z-cash leaves behind 
If i where you, i wouldn't even think of touching it 

[TheFuzzStone]

Just ask yourself why JP Morgan is implementing their solution and not Monero's solution in their blockchain ledger

Maybe this is an answer?

https://twitter.com/zooko/status/863202798883577856?lang=en

[Lanan233]

Monero is alright but can someone explain me what chance it stands against Zcash? I think Zcash has already proved that they use by far the most superior cryptography. And if you don't believe me, you don't have to. Just ask yourself why JP Morgan is implementing their solution and not Monero's solution in their blockchain ledger, or why Ethereum is implementing the Zcash technology and not the Monero technology? I have nothing against Monero but it looks to me like everything is against that coin, what are the chances of success when developers come up with real innovations. That is already a good proof that is reflected in the price of the currency, Zcash is far more valuable than Monero, so the market has spoken regarding that topic. Monero has to implement some real alternative to even come close to compete with Zcash. I wish the team best of lack, we need competition in the space because it pushes us to improve our service and products, I hope it does the same for Monero.

You are totally mistaken to believe that Zcash is "far more valuable" than Monero. As of now Monero has more than double the market cap - comparing unit prices is meaningless...

[kurious]

Just ask yourself why JP Morgan is implementing their solution and not Monero's solution in their blockchain ledger

Maybe this is an answer?

https://twitter.com/zooko/status/863202798883577856?lang=en

So Zooko admits Zcash isn't private after all - Jeez. 

[starmman]

Just ask yourself why JP Morgan is implementing their solution and not Monero's solution in their blockchain ledger

Maybe this is an answer?

https://twitter.com/zooko/status/863202798883577856?lang=en

So Zooko admits Zcash isn't private after all - Jeez. 

Haha, I wondered why the JP Morgan boss decided to slate Bitcoin too - was wondering if there was an ulterior motive

[garytheasshole]

Just ask yourself why JP Morgan is implementing their solution and not Monero's solution in their blockchain ledger

Maybe this is an answer?

https://twitter.com/zooko/status/863202798883577856?lang=en

So Zooko admits Zcash isn't private after all - Jeez. 

Haha, I wondered why the JP Morgan boss decided to slate Bitcoin too - was wondering if there was an ulterior motive

Traceable and private, like a virgin prostitute.

[mifanmuzny]

XMR is holding pretty nice and its stable. I see so much potentials on this coin

[B1tUnl0ck3r]

Monero is alright but can someone explain me what chance it stands against Zcash? I think Zcash has already proved that they use by far the most superior cryptography. And if you don't believe me, you don't have to. Just ask yourself why JP Morgan is implementing their solution and not Monero's solution in their blockchain ledger, or why Ethereum is implementing the Zcash technology and not the Monero technology? I have nothing against Monero but it looks to me like everything is against that coin, what are the chances of success when developers come up with real innovations. That is already a good proof that is reflected in the price of the currency, Zcash is far more valuable than Monero, so the market has spoken regarding that topic. Monero has to implement some real alternative to even come close to compete with Zcash. I wish the team best of lack, we need competition in the space because it pushes us to improve our service and products, I hope it does the same for Monero.

You are totally mistaken to believe that Zcash is "far more valuable" than Monero. As of now Monero has more than double the market cap - comparing unit prices is meaningless...

The problem with zcash is that the total coin supply can't be audited... Who knows what can happen. For example pivx started to use the zerocoin protocol 2 weeks ago to replace masternode mixing.

Then when I compare the fees between monero and pivx to make an untraceable tx, I just 

[generalizethis]

Monero is alright but can someone explain me what chance it stands against Zcash? I think Zcash has already proved that they use by far the most superior cryptography. And if you don't believe me, you don't have to. Just ask yourself why JP Morgan is implementing their solution and not Monero's solution in their blockchain ledger, or why Ethereum is implementing the Zcash technology and not the Monero technology? I have nothing against Monero but it looks to me like everything is against that coin, what are the chances of success when developers come up with real innovations. That is already a good proof that is reflected in the price of the currency, Zcash is far more valuable than Monero, so the market has spoken regarding that topic. Monero has to implement some real alternative to even come close to compete with Zcash. I wish the team best of lack, we need competition in the space because it pushes us to improve our service and products, I hope it does the same for Monero.

You are totally mistaken to believe that Zcash is "far more valuable" than Monero. As of now Monero has more than double the market cap - comparing unit prices is meaningless...

The problem with zcash is that the total coin supply can't be audited... Who knows what can happen. For example pivx started to use the zerocoin protocol 2 weeks ago to replace masternode mixing.

Then when I compare the fees between monero and pivx to make an untraceable tx, I just 

You mean they charge you for tainting a normal pivx tx?

[B1tUnl0ck3r]

Monero is alright but can someone explain me what chance it stands against Zcash? I think Zcash has already proved that they use by far the most superior cryptography. And if you don't believe me, you don't have to. Just ask yourself why JP Morgan is implementing their solution and not Monero's solution in their blockchain ledger, or why Ethereum is implementing the Zcash technology and not the Monero technology? I have nothing against Monero but it looks to me like everything is against that coin, what are the chances of success when developers come up with real innovations. That is already a good proof that is reflected in the price of the currency, Zcash is far more valuable than Monero, so the market has spoken regarding that topic. Monero has to implement some real alternative to even come close to compete with Zcash. I wish the team best of lack, we need competition in the space because it pushes us to improve our service and products, I hope it does the same for Monero.

You are totally mistaken to believe that Zcash is "far more valuable" than Monero. As of now Monero has more than double the market cap - comparing unit prices is meaningless...

The problem with zcash is that the total coin supply can't be audited... Who knows what can happen. For example pivx started to use the zerocoin protocol 2 weeks ago to replace masternode mixing.

Then when I compare the fees between monero and pivx to make an untraceable tx, I just 

You mean they charge you for tainting a normal pivx tx?

yes and no, charge is that the fees is spend on the blockchain and become void, reducing the total coin supply. it actually cost 0.01 pivx per dominations (5000zpiv or 1zpiv cost the same).

tainting, what do you mean? that they become like xmr, zcash and co untraceable? Why does it taint them? it's just like buying something with notes and getting your change back.

 

The coins aren't "tainted" they become untraceable and fungible.

[generalizethis]

Monero is alright but can someone explain me what chance it stands against Zcash? I think Zcash has already proved that they use by far the most superior cryptography. And if you don't believe me, you don't have to. Just ask yourself why JP Morgan is implementing their solution and not Monero's solution in their blockchain ledger, or why Ethereum is implementing the Zcash technology and not the Monero technology? I have nothing against Monero but it looks to me like everything is against that coin, what are the chances of success when developers come up with real innovations. That is already a good proof that is reflected in the price of the currency, Zcash is far more valuable than Monero, so the market has spoken regarding that topic. Monero has to implement some real alternative to even come close to compete with Zcash. I wish the team best of lack, we need competition in the space because it pushes us to improve our service and products, I hope it does the same for Monero.

You are totally mistaken to believe that Zcash is "far more valuable" than Monero. As of now Monero has more than double the market cap - comparing unit prices is meaningless...

The problem with zcash is that the total coin supply can't be audited... Who knows what can happen. For example pivx started to use the zerocoin protocol 2 weeks ago to replace masternode mixing.

Then when I compare the fees between monero and pivx to make an untraceable tx, I just  

You mean they charge you for tainting a normal pivx tx?

yes and no, charge is that the fees is spend on the blockchain and become void, reducing the total coin supply. it actually cost 0.01 pivx per dominations (5000zpiv or 1zpiv cost the same).

tainting, what do you mean? that they become like xmr, zcash and co untraceable? Why does it taint them? it's just like buying something with notes and getting your change back.

 

The coins aren't "tainted" they become untraceable and fungible.

Fungibility works when all coins are untraceable, if you have coins that are traceable and ones that aren't, they are different and can be identified as such. All the coins need to be untraceable.

[B1tUnl0ck3r]

Monero is alright but can someone explain me what chance it stands against Zcash? I think Zcash has already proved that they use by far the most superior cryptography. And if you don't believe me, you don't have to. Just ask yourself why JP Morgan is implementing their solution and not Monero's solution in their blockchain ledger, or why Ethereum is implementing the Zcash technology and not the Monero technology? I have nothing against Monero but it looks to me like everything is against that coin, what are the chances of success when developers come up with real innovations. That is already a good proof that is reflected in the price of the currency, Zcash is far more valuable than Monero, so the market has spoken regarding that topic. Monero has to implement some real alternative to even come close to compete with Zcash. I wish the team best of lack, we need competition in the space because it pushes us to improve our service and products, I hope it does the same for Monero.

You are totally mistaken to believe that Zcash is "far more valuable" than Monero. As of now Monero has more than double the market cap - comparing unit prices is meaningless...

The problem with zcash is that the total coin supply can't be audited... Who knows what can happen. For example pivx started to use the zerocoin protocol 2 weeks ago to replace masternode mixing.

Then when I compare the fees between monero and pivx to make an untraceable tx, I just 

You mean they charge you for tainting a normal pivx tx?

yes and no, charge is that the fees is spend on the blockchain and become void, reducing the total coin supply. it actually cost 0.01 pivx per dominations (5000zpiv or 1zpiv cost the same).

tainting, what do you mean? that they become like xmr, zcash and co untraceable? Why does it taint them? it's just like buying something with notes and getting your change back.

 

The coins aren't "tainted" they become untraceable and fungible.

Fungibility works when all coins are untraceable, if you have coins that are traceable and ones that aren't, they a different and can be identified as such. All the coins need to be untraceable.

If you get how the zerocoin protocol works you will see how easy it is to have privacy. It's possible to keep all your coins untraceable on pivx, by keeping them on the zpiv form, however you can't stake this way.

And once they come from the zpiv accumlator, what can you say about the origin or destination of those pivx? nothing.

.

[generalizethis]

Monero is alright but can someone explain me what chance it stands against Zcash? I think Zcash has already proved that they use by far the most superior cryptography. And if you don't believe me, you don't have to. Just ask yourself why JP Morgan is implementing their solution and not Monero's solution in their blockchain ledger, or why Ethereum is implementing the Zcash technology and not the Monero technology? I have nothing against Monero but it looks to me like everything is against that coin, what are the chances of success when developers come up with real innovations. That is already a good proof that is reflected in the price of the currency, Zcash is far more valuable than Monero, so the market has spoken regarding that topic. Monero has to implement some real alternative to even come close to compete with Zcash. I wish the team best of lack, we need competition in the space because it pushes us to improve our service and products, I hope it does the same for Monero.

You are totally mistaken to believe that Zcash is "far more valuable" than Monero. As of now Monero has more than double the market cap - comparing unit prices is meaningless...

The problem with zcash is that the total coin supply can't be audited... Who knows what can happen. For example pivx started to use the zerocoin protocol 2 weeks ago to replace masternode mixing.

Then when I compare the fees between monero and pivx to make an untraceable tx, I just  

You mean they charge you for tainting a normal pivx tx?

yes and no, charge is that the fees is spend on the blockchain and become void, reducing the total coin supply. it actually cost 0.01 pivx per dominations (5000zpiv or 1zpiv cost the same).

tainting, what do you mean? that they become like xmr, zcash and co untraceable? Why does it taint them? it's just like buying something with notes and getting your change back.

 

The coins aren't "tainted" they become untraceable and fungible.

Fungibility works when all coins are untraceable, if you have coins that are traceable and ones that aren't, they are different and can be identified as such. All the coins need to be untraceable.

If you get how the zerocoin protocol works you will see how easy it is to have privacy. It's possible to keep all your coins untraceable on pivx, by keeping them on the zpiv form, however you can't stake this way.

And once they come from the zpiv accumlator, what can you say about the origin or destination of those pivx? nothing.

.

You don't understand what I'm saying--also, this is a Monero speculation thread, so please stop shilling. Start a new topic if you want to start a technical conversation, this is not the place for that.

[Hueristic]

Just ask yourself why JP Morgan is implementing their solution and not Monero's solution in their blockchain ledger

Maybe this is an answer?

https://twitter.com/zooko/status/863202798883577856?lang=en

I really like the later posts.

zooko [no280]‏ @zooko May 13
Replying to @zooko

How bout we just pretend I never said this.
16 replies 15 retweets 77 likes
zooko [no280]‏ @zooko May 13

I should've drunk some scotch before getting on Twitter last night so I had an excuse. I'll try that next time.
4 replies 1 retweet 22 likes
zooko [no280]‏ @zooko May 13

Although I still think the rest of you are even wronger than I am.

If you get how the zerocoin protocol works you will see how easy it is to have privacy. It's possible to keep all your coins untraceable on pivx, by keeping them on the zpiv form, however you can't stake this way.

And once they come from the zpiv accumlator, what can you say about the origin or destination of those pivx? nothing.

.

And this statement just proves that they are not Fungable and can never be.

/answering shill mode off