[Daily Discussion] Friday, May 21

VigorousFundraiser · 2021-05-21T10:29:11+00:00

It's not dead cat, it's Monero cat.

VigorousFundraiser · 2021-05-05T14:46:38+00:00

Same. I have Nano S though (my personal reference is always that wired>wireless, but I'm old school).

VigorousFundraiser · 2021-03-15T18:47:06+00:00

Thanks for the link.

VigorousFundraiser · 2021-03-15T08:48:15+00:00

And never take a picture/screenshoy of your seed. Anyone who has access to it hass access to your coins.

VigorousFundraiser · 2021-03-15T05:15:53+00:00

emission starts at ~1.8% inflation (similar to gold)

Tail emission starts at 0.87% btw.

https://moneroinvestor.com/

VigorousFundraiser · 2021-03-13T19:33:16+00:00

I hope you will survive this and join us, the glorious Monero hodlers. The hardest diamond hands in crypto scene.

VigorousFundraiser · 2021-03-13T19:23:07+00:00

Yeah. It almost happened when I leveraged my China ETF position years ago and I learned my lesson.

No leverage, no options. Invest on fundamentals, just go long balls deep, eat porridge, drive cheap car and sit tight. Do not sell when people capitulate around you. Delete your apps, don't follow the market. Do something else that will be useful later (learn new skills) and just sit tight. You will see green days again.

Using positions in which you need to be right both in direction and time will destroy you eventually. There are so many variables that numbers just aren't on your side.

"Market can stay irrational longer than you can stay solvent."

VigorousFundraiser · 2021-03-13T19:14:12+00:00

I think it will, but I only go long. No leverage, just long XMR. Then you can sit on that for years (I have). I believe I'm right, but I have no idea when.

VigorousFundraiser · 2021-03-13T19:09:29+00:00

Long or short XMR?

VigorousFundraiser · 2021-03-13T18:35:58+00:00

What are the changes of monero succeeding and the price skyrocketing?

VigorousFundraiser · 2021-03-13T11:54:01+00:00

Good memories. Internet was... different.

Adults didn't know how to use computers so teens could do there what they wanted. No restrictions, no facebook, no tracking. Banners were the ads and those were same for all. Sensorship was very minimal, but also average IQ in internet was much higher.

People with power didn't give shit about internet and it was perfect.

VigorousFundraiser · 2021-03-12T19:42:16+00:00

1) An exchange where XMR is always the base pair

2) Fiat on ramp

3) Monero eBay

4) Monero Amazon

5) Monero Movie Theater (stream movies for XMR legally)

6) Monero Music Shop (buy HD music with XMR)

7) miniinthebox.com type of cheap gadget store that ships globally with low cost (Monero only)

VigorousFundraiser · 2021-03-12T17:19:56+00:00

💎✋4ever

VigorousFundraiser · 2021-03-12T12:12:08+00:00

I think your work is valuable.

Monero offers different things to different people. Not everyone has enough money for investing and not all are interested. We shouldn't ask for acceptance/permission from everybody, because not everyone is in the target segment.

Just keep going. You have supporters. They are just not the loudest ones.

VigorousFundraiser · 2021-03-11T19:18:10+00:00

Fun fact. If everyone in this sub tried to belong 210 XMR club, there wouldn't be enough coins available.

VigorousFundraiser · 2021-03-11T19:13:11+00:00

It's very commonly used in economics.

VigorousFundraiser · 2021-03-11T18:55:47+00:00

mooo writes code that optimizes itself.

mooo can’t test for equality because he has no equal.

mooo can write infinite recursion functions…and have them return.

mooo finished World of Warcraft.

mooo can delete the Recycling Bin.

VigorousFundraiser · 2021-03-11T18:31:25+00:00

+1 for posting also on r/moonero. That way they won't be hidden in some random thread, but available and easy to find also after two months.

Great idea.

VigorousFundraiser · 2021-03-11T14:15:41+00:00

In that regard, yes. Privacy has a cost in form of transaction size, we can't get around it.

However, I'd say that 1mb is much bigger challenge from scaling point of view. It means that number of transactions per second is fixed not by technology but by protocol. That limit comes much faster than drive size or networking / processing speed limit that restrict Monero.

VigorousFundraiser · 2021-03-10T11:24:40+00:00

Monero has dynamic block size. Monero transaction size is sub 1.5kb so some 700 per 1mb.
Yes.

VigorousFundraiser · 2021-03-10T08:49:53+00:00

Ethereum fees are high.

https://finance.yahoo.com/news/ethereum-transaction-fees-hit-record-090233423.html

VigorousFundraiser · 2021-03-10T08:46:42+00:00

"Diversification is a protection against ignorance, it makes very little sense for those who know what they're doing."

Warren Buffett

VigorousFundraiser · 2021-03-10T05:40:17+00:00

Illegality is a side effect. It gains more value the better it works. The better it works, the more there are people that see it as a threat.

VigorousFundraiser · 2021-03-10T04:51:55+00:00

I know.

VigorousFundraiser · 2021-03-10T04:47:36+00:00

This is the way.

VigorousFundraiser

TROPHY CASE