elrippos friend



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only hodl what you understand and love!







Full MemberActivity: 905Merit: 150only hodl what you understand and love! Re: [XMR] Monero Speculation July 23, 2017, 10:42:49 AM #30801 Quote from: kwukduck on July 23, 2017, 10:35:03 AM This is exactly why Monero will be banned in every single country. Banksters and governments will never allow us such freedom.

As great as monero technically is, it's doomed to fail because of our social and political environment.



That's what everybody said about BTC few years ago, now it is accepted as an official currency in JP



Governements and politics also need anonymity, for what ever reason, for their being, so there is a lot of potential here That's what everybody said aboutfew years ago, now it is accepted as an official currency in JPGovernements and politics also need anonymity, for what ever reason, for their being, so there is a lot of potential here Monero KOVRI

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LegendaryActivity: 2030Merit: 1071Money often costs too much. Re: [XMR] Monero Speculation July 23, 2017, 12:42:40 PM #30803 Quote from: elrippos friend on July 23, 2017, 10:42:49 AM Quote from: kwukduck on July 23, 2017, 10:35:03 AM This is exactly why Monero will be banned in every single country. Banksters and governments will never allow us such freedom.

As great as monero technically is, it's doomed to fail because of our social and political environment.



That's what everybody said about BTC few years ago, now it is accepted as an official currency in JP



Governements and politics also need anonymity, for what ever reason, for their being, so there is a lot of potential here

That's what everybody said aboutfew years ago, now it is accepted as an official currency in JPGovernements and politics also need anonymity, for what ever reason, for their being, so there is a lot of potential here

As seen from the Cazes case, below <10% of BTC's got used on trading weed, which seems to be lesser lethal than state controlled/owned ethanol trade just from number of death casualities. But conservatism got that habbit of continueing on their wrongdoings.



Govermentals and notorious politicians usually prefere printed cash, so there's no need to migrate over onto electronically surveillanced alternatives. As seen from the Cazes case, below <10% of BTC's got used on trading weed, which seems to be lesser lethal than state controlled/owned ethanol trade just from number of death casualities. But conservatism got that habbit of continueing on their wrongdoings.Govermentals and notorious politicians usually prefere printed cash, so there's no need to migrate over onto electronically surveillanced alternatives.

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LegendaryActivity: 1596Merit: 1029Sine secretum non libertas Re: [XMR] Monero Speculation July 23, 2017, 02:28:21 PM #30805 Quote from: ArticMine on July 23, 2017, 12:01:15 AM Quote from: sui_generis on July 22, 2017, 08:51:18 PM ...

Hansa was thought to be fine after AB went down, but it actually wasn't, it was being run by law enforcement. In other words, a market being up does not imply that it hasn't been compromised.



Blockchain analysis wasn't the thing that caught them, but it will be what convicts them.



I doubt blockchain analysis will be of much use in convictions. For starters the false positive rate is simply very high, producing at best circumstantial evidence. It is at this point where the true strength of Monero; however comes into play. It protects the innocent from false accusations by proprietary algorithms owned by for profit companies. If the arrested criminal has used Bitcoin before his arrest to purchase perfectly legal goods and / or services from legitimate and law abiding vendors those vendors could easily be falsely accused.



I am currently sitting at a coffee shop and paid for my coffee and a sandwich with a 20 CAD bill. Do I need to concern myself that particular 20 CAD bill could have been used for some illegal activity say 20 transactions back? Should the coffee shop have a similar concern? It is called fungibility.

I doubt blockchain analysis will be of much use in convictions. For starters the false positive rate is simply very high, producing at best circumstantial evidence. It is at this point where the true strength of Monero; however comes into play. It protects thefrom false accusations by proprietary algorithms owned by for profit companies. If the arrested criminal has used Bitcoin before his arrest to purchase perfectlygoods and / or services from legitimate andvendors those vendors could easily be falsely accused.I am currently sitting at a coffee shop and paid for my coffee and a sandwich with a 20 CAD bill. Do I need to concern myself that particular 20 CAD bill could have been used for some illegal activity say 20 transactions back? Should the coffee shop have a similar concern? It is called fungibility.

Blockchain analysis using bayesian methods and markov chain Monte Carlo can easily surpass the "reasonable doubt" bar. Not always, but as sufficient data is accumulated. Blockchain analysis using bayesian methods and markov chain Monte Carlo can easily surpass the "reasonable doubt" bar. Not always, but as sufficient data is accumulated. Give a man a fish and he eats for a day. Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.

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LegendaryActivity: 1596Merit: 1029Sine secretum non libertas Re: [XMR] Monero Speculation July 23, 2017, 02:37:03 PM #30806 Quote from: Johnny Mnemonic on July 21, 2017, 07:30:49 PM For those who think we should be advising people to invest: are you freaking kidding me? Two disastrous exploits have been discovered in the past 12 months. The former was part of the RingCT implementation and was thankfully fixed before getting into the wild. The latter (the Curve25519 small subgroup attack) was live in Monero's codebase for nearly three years. This project isn't anywhere close to "battle hardened" or ready to depend on with your life. Be responsible.



Investing in crypto is a dangerous game, and I will not be advising others to do so anytime soon, regardless of my personal successes or failures.



Smooth is simply saying "don't try this at home kids, unless you know what you're doing." What's wrong with that?



It is the optionality on an asymmetric outcome, along with anticorrelation to legacy assets, which makes xmr an essential component of any diversified portfolio.



For punters, it is a great bet, for the same reason: asymmetric return profile. High risk yes, but the higher reward potential more than makes up for that (an understatement). Moreover the risks are overblown: the skill which the core team and contributors have exhibited in managing the threats has increased my cofidence rather than decreased it.



Investments and bets mean different things to different people. If you need what xmr offers then you should buy it. If you do not, you should not. It is the optionality on an asymmetric outcome, along with anticorrelation to legacy assets, which makes xmr an essential component of any diversified portfolio.For punters, it is a great bet, for the same reason: asymmetric return profile. High risk yes, but the higher reward potential more than makes up for that (an understatement). Moreover the risks are overblown: the skill which the core team and contributors have exhibited in managing the threats has increased my cofidence rather than decreased it.Investments and bets mean different things to different people. If you need what xmr offers then you should buy it. If you do not, you should not. Give a man a fish and he eats for a day. Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.

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Sr. MemberActivity: 243Merit: 250 Re: [XMR] Monero Speculation July 23, 2017, 05:30:45 PM #30810 The risks are way overblown. I encourage everyone I know to invest at least some money in cryptocurrency. Some chose to invest significant sums, and it's worked out well for them. Crypto is penetrating more and more into the mainstream, and I think it will only get crazier from here. We haven't even seen a real bubble yet.

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Monero Core Team







LegendaryActivity: 2268Merit: 1041Monero Core Team Re: [XMR] Monero Speculation July 23, 2017, 09:12:34 PM

Last edit: July 24, 2017, 06:16:27 AM by ArticMine #30811 Quote from: aminorex on July 23, 2017, 02:28:21 PM ...

Blockchain analysis using bayesian methods and markov chain Monte Carlo can easily surpass the "reasonable doubt" bar. Not always, but as sufficient data is accumulated.



Sure if the evidence is presented in court. This is not what we are talking about here. Quote We trace Bitcoin transactions across hundreds of entities and help you connect illicit Bitcoin activity to real world actors.

Our proprietary database links millions of Bitcoin addresses to thousands of clear web and dark web entities. We back this up with transparent documentary evidence.



The likelihood of false positives here is very high. A good example is a criminal who purchases perfectly legal goods and / or services from a law abiding business on a regular basis using Bitcoin. Criminals do actually purchase perfectly legal goods and / or services on a regular basis. Bayesian methods will flag this in no time, since the algorithm has no way of knowing if the transactions are legal or not. A fact that these blockchain analytics companies conveniently ignore.



Edit: This is guilt by association pure and simple.



Sure if the evidence is presented in court. This is not what we are talking about here. https://www.elliptic.co/law-enforcement/ Translation: We have a proprietary database, accusing people of serious crimes by association, that we will let law enforcement agencies to take a look at for a fee. Elliptic is very careful to say this is evidence for investigations. They do not mention trails before a court of law.The likelihood of false positives here is very high. A good example is a criminal who purchases perfectly legal goods and / or services from a law abiding business on a regular basis using Bitcoin. Criminals do actually purchase perfectly legal goods and / or services on a regular basis. Bayesian methods will flag this in no time, since the algorithm has no way of knowing if the transactions are legal or not. A fact that these blockchain analytics companies conveniently ignore.Edit: This is guilt by association pure and simple. Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card

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Hero MemberActivity: 685Merit: 500novag Re: [XMR] Monero Speculation July 24, 2017, 08:16:26 AM #30812



Everytime monero touches 200MA, it gets a huge pump, i think whales have already been triggered and they are getting in as they see.



Buying time



https://www.tradingview.com/chart/XMRBTC/rgJLD1PE-Monero-HUGE-PUMP-INCOMMING Monero HUGE PUMP INCOMMINGEverytime monero touches 200MA, it gets a huge pump, i think whales have already been triggered and they are getting in as they see.Buying time

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aminorex



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LegendaryActivity: 1596Merit: 1029Sine secretum non libertas Re: [XMR] Monero Speculation July 24, 2017, 12:30:56 PM

Last edit: July 24, 2017, 12:47:53 PM by aminorex #30814 It is happening, people. Read /r/DarkNetMarkets. With n/m multisig in place, bitcoin will become a barbarous relic, and Monero will be the world currency.



Zooko had best get his wheels turning on Tezos, because Vitalik just stole another 80 millions, and ZEC is history.



The world is about to wake up and smell the coffee that ha been brewing for the past 3 years.



I just do not understand how the mass of people can be such dense, stiff-necked, blind sheep and yet not get slaughtered...oh, nevermind, that's coming too.



So Hansa market was a honeytrap. Dream Market maybe too. There is a huge multibillion dollar gap which DHL can not, will not fill. Such a vacuum is truly anhorrent. It will not stand. I revise my estimates on XMR to 200 in October, 1000 in March, and 5000 before 2019.

Give a man a fish and he eats for a day. Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.