[XMR] Monero Speculation

[suzanne5223]

Today many transactions are made on lightning. But some say that a lot Bitcoins onchain transactions are just tumbling coins with hope to make them untraceable. So this numbers cant tell us much, but trend can always tells us something.

Is there a forensic analysis of this around?

There's definitely no forensic analysis about it but people believe the on chain transaction to be an act of tumbling coins because the transactions on Lightning network are encrypted and sent via the network from sender to receiver while the transaction are not broadcast publicly.

I never thought of that, can you tell what coins are being used before you use a channel?

It would suck to find out your coins are tainted from using lightning.

I think Lightning removes the taint.  Is there a site that traces all transactions made in it?  I'm not really familiar with the new stuff anymore.  Lol.

No, i don't think there's a site that traces all the transactions and like i once said all the transaction encrypted and sent through the network from sender to receiver while the transaction are not broadcast publicly. But if there's a single site which can trace transaction i guess that will be through the lightning server with the use of some passphrase.

[Febo]

Today many transactions are made on lightning. But some say that a lot Bitcoins onchain transactions are just tumbling coins with hope to make them untraceable. So this numbers cant tell us much, but trend can always tells us something.

Is there a forensic analysis of this around?

There's definitely no forensic analysis about it but people believe the on chain transaction to be an act of tumbling coins because the transactions on Lightning network are encrypted and sent via the network from sender to receiver while the transaction are not broadcast publicly.

I never thought of that, can you tell what coins are being used before you use a channel?

It would suck to find out your coins are tainted from using lightning.

I think Lightning removes the taint.  Is there a site that traces all transactions made in it?  I'm not really familiar with the new stuff anymore.  Lol.

You need to understand that there are many companies with enormous budged, researching was to do block chain analysis. If there is a way they will find that out. In theory, no second layer solution could offer us sufficient unlinkability of transactions.

[phishead]

Today many transactions are made on lightning. But some say that a lot Bitcoins onchain transactions are just tumbling coins with hope to make them untraceable. So this numbers cant tell us much, but trend can always tells us something.

Is there a forensic analysis of this around?

There's definitely no forensic analysis about it but people believe the on chain transaction to be an act of tumbling coins because the transactions on Lightning network are encrypted and sent via the network from sender to receiver while the transaction are not broadcast publicly.

I never thought of that, can you tell what coins are being used before you use a channel?

It would suck to find out your coins are tainted from using lightning.

I think Lightning removes the taint.  Is there a site that traces all transactions made in it?  I'm not really familiar with the new stuff anymore.  Lol.

You need to understand that there are many companies with enormous budged, researching was to do block chain analysis. If there is a way they will find that out. In theory, no second layer solution could offer us sufficient unlinkability of transactions.

Unless there was a way to have a trustless way to create a platform that tracks digital assets such as monero... like Tari, maybe?

Anyone have any updates as to how that side of the Monero world is doing now and days?

[Hueristic]

Unless there was a way to have a trustless way to create a platform that tracks digital assets such as monero... like Tari, maybe?

Anyone have any updates as to how that side of the Monero world is doing now and days?

You know I just can't remember why I would ever need Tari, care to remind me?

[phishead]

Unless there was a way to have a trustless way to create a platform that tracks digital assets such as monero... like Tari, maybe?

Anyone have any updates as to how that side of the Monero world is doing now and days?

You know I just can't remember why I would ever need Tari, care to remind me?

From how I understand it, the idea is to have an “ethereum-like” chain that is secured by Monero’s POW... so I just basically imagine Ethereum with the “child-lock” turned on in regards to preventing rolling back previous transactions to make them invalid.

[Hueristic]

Unless there was a way to have a trustless way to create a platform that tracks digital assets such as monero... like Tari, maybe?

Anyone have any updates as to how that side of the Monero world is doing now and days?

You know I just can't remember why I would ever need Tari, care to remind me?

From how I understand it, the idea is to have an “ethereum-like” chain that is secured by Monero’s POW... so I just basically imagine Ethereum with the “child-lock” turned on in regards to preventing rolling back previous transactions to make them invalid.

What no Monero Classic fork from a fucked up DAO and chain rollback? 
Yeah I think we can all agree immutability is pretty important, but i still don't see a reason for smart contracts at all. I guess i'm old fashioned, i just want my money to be money.

[Febo]

Today many transactions are made on lightning. But some say that a lot Bitcoins onchain transactions are just tumbling coins with hope to make them untraceable. So this numbers cant tell us much, but trend can always tells us something.

Is there a forensic analysis of this around?

There's definitely no forensic analysis about it but people believe the on chain transaction to be an act of tumbling coins because the transactions on Lightning network are encrypted and sent via the network from sender to receiver while the transaction are not broadcast publicly.

I never thought of that, can you tell what coins are being used before you use a channel?

It would suck to find out your coins are tainted from using lightning.

I think Lightning removes the taint.  Is there a site that traces all transactions made in it?  I'm not really familiar with the new stuff anymore.  Lol.

You need to understand that there are many companies with enormous budged, researching was to do block chain analysis. If there is a way they will find that out. In theory, no second layer solution could offer us sufficient unlinkability of transactions.

Unless there was a way to have a trustless way to create a platform that tracks digital assets such as monero... like Tari, maybe?

Anyone have any updates as to how that side of the Monero world is doing now and days?

Someone said that testnet should start in December. So we will not need to wait much longer to get the first impressions. Or at least read about them.

[phishead]

Unless there was a way to have a trustless way to create a platform that tracks digital assets such as monero... like Tari, maybe?

Anyone have any updates as to how that side of the Monero world is doing now and days?

You know I just can't remember why I would ever need Tari, care to remind me?

From how I understand it, the idea is to have an “ethereum-like” chain that is secured by Monero’s POW... so I just basically imagine Ethereum with the “child-lock” turned on in regards to preventing rolling back previous transactions to make them invalid.

What no Monero Classic fork from a fucked up DAO and chain rollback? 
Yeah I think we can all agree immutability is pretty important, but i still don't see a reason for smart contracts at all. I guess i'm old fashioned, i just want my money to be money.

I get it... I thought that way when I initially read about what Ethereum was. However, I do think there is value to creating contracts on a blockchain without need for a third party to enforce it (government).

[Hueristic]

Unless there was a way to have a trustless way to create a platform that tracks digital assets such as monero... like Tari, maybe?

Anyone have any updates as to how that side of the Monero world is doing now and days?

You know I just can't remember why I would ever need Tari, care to remind me?

From how I understand it, the idea is to have an “ethereum-like” chain that is secured by Monero’s POW... so I just basically imagine Ethereum with the “child-lock” turned on in regards to preventing rolling back previous transactions to make them invalid.

What no Monero Classic fork from a fucked up DAO and chain rollback? 
Yeah I think we can all agree immutability is pretty important, but i still don't see a reason for smart contracts at all. I guess i'm old fashioned, i just want my money to be money.

I get it... I thought that way when I initially read about what Ethereum was. However, I do think there is value to creating contracts on a blockchain without need for a third party to enforce it (government).

Sure, there is value added to the Eco system by building ontop but not by interfering with the base layer and that includes bloat like storing contract info.

Tari seems to have value but it is in enlarging the eco system which in turn should increase the value of the base layer.

[tokeweed]

XMR down to 14th at CMC.    I guess we overestimated the space's need for privacy..?  How's the darknet doing these days (I heard law enforcement is getting better at shutting DN sites down) and what are the latest stats on XMR's usage over there?

[Globb0]

XMR down to 14th at CMC.    I guess we overestimated the space's need for privacy..?  How's the darknet doing these days (I heard law enforcement is getting better at shutting DN sites down) and what are the latest stats on XMR's usage over there?

~I just saw a graphic here somewhere that darknet market size continues to grow. Not Monero specific.

[Febo]

XMR down to 14th at CMC.

On that list is everything. Coins/tokens/whatever whose marketcap is not comparable. Teteher, XRP, Ethereum, ....  It has nothing to do with how Bitcoin or Monero got its marketcap.  If you cut out ICOs and Bitcoin blockchain forks, there are only 3 left. Bitcoin, Litecoin and Monero. Three coins that was fairly launched and PoW mined. And after these big 3 is Dogecoin.

There will be more forks of Bitcoin blockchain and there will be more ICOs and more premined coins and tokens in future. Monero will on CMC ranking keep going down. Will be out of top100 sooner or latter. But that dont means it will not be in top3 of the normal coins.

[tokeweed]

^  Yup sure...  But then that list shows where the money is going.  And that's what ultimately matters as far as rankings are concerned.  IMHO.

[Febo]

^  Yup sure...  But then that list shows where the money is going.  And that's what ultimately matters as far as rankings are concerned.  IMHO.

Definitely. Many will just buy what is number one just because is number one. But that dont mean is most valuable. One Million Bitcoins that Satoshi mined, dont give any value nor to Bitcoin nor to any Bitcoin blockchain fork.  The same with millions of ETH that were sold in ICO cheap. Not to mention IOTA where they had to even change units since price is now so much higher as it was in ICO. Those bulks of coins dont move just inflate coins marketcap. If they would hit exchange price would deflate.

[tokeweed]

^  I don't really gauge the 'value' of a coin as a project on whatever rank they're on.  I just think XMR lost a lot of ground (based on CMC rank) and hence lost some value in terms of money invested in.

[Febo]

The main thing is the believing what is most useful value of blockhain. Until 2016 general belief in crypto was that main value of blockchain is digital money. After that, sentiment changed mostly to asset platforms. It was also way more simple for people to believe in that then to believe in capitulation of central banks. Tomorrow we can get something totally new or we simply return to digital money.

[Febo]

We are exactly a year after last bottom at $38.  And since price is not that much above, that definitely tells us is good time to buy.

Yearly bottoms: 

2015 $0.22
2016 $0.43
2017 $10
2018 $38
2019 $42


Oh and yesterday daily emission went under 1500 XMR.

[rocku12345]

We are exactly a year after last bottom at $38.  And since price is not that much above, that definitely tells us is good time to buy.

Yearly bottoms: 

2015 $0.22
2016 $0.43
2017 $10
2018 $38
2019 $42


Oh and yesterday daily emission went under 1500 XMR.

So it should be around ~50$ for the bottom of 2020. Nice value for today`s market situation. I hope that halving won`t let crypto falling next year. Idea of anonymous coins will have a great support for the next generation of crypto growth. It is not possible to control everything like our goverments want to do...

[Hueristic]

We are exactly a year after last bottom at $38.  And since price is not that much above, that definitely tells us is good time to buy.

Yearly bottoms: 

2015 $0.22
2016 $0.43
2017 $10
2018 $38
2019 $42


Oh and yesterday daily emission went under 1500 XMR.

Romeros be getting scarce, it shouldn't be long before we see some movement.

*Shakes fist at chart

[phishead]

We are exactly a year after last bottom at $38.  And since price is not that much above, that definitely tells us is good time to buy.

Yearly bottoms: 

2015 $0.22
2016 $0.43
2017 $10
2018 $38
2019 $42


Oh and yesterday daily emission went under 1500 XMR.

Romeros be getting scarce, it shouldn't be long before we see some movement.

*Shakes fist at chart

I just think there is a lot of uncertainty right now in the markets in general right now.  Everyone and their mother can see a recession is coming.

However this isn't entirely a bad thing.  Just keep steadily amassing monero when you have some extra government issued toilet paper to spare