Breadcrumb and a puzzle for my XMR anons

[Anonymous No.18252924]

Lots of anons showing XMR the love it deserves so heres something fun:

Since XMR is cpu mined for now a lot of it is mined by botnets. If those botnets are holding or dumping is a good piece of information for predicting future price action.

This is easy for a public blockchain like BTC but hard for an opaque one. However there are some public and semi public data sets that can give you a very good idea of where newly mined XMR is going.

Another STEM PhD and I have done that work. The end result is that it is being constantly dumped for the most part. The solution is elegant and requires a lot of thought.
If any anons can guess it here I'll confirm and send 1 XMR. If you don't want to play just use that information as you like- we've already bought in.

Also feel free to post what you're drinking and call me a faggot. For me its guinness with the widget straight from the can.

[Anonymous No.18252978]

>>18252924
Infinite supply.

[Anonymous No.18253079]

>>18252924
what is the question

[Anonymous No.18253116]

>>18253079
How were we able to tell where newly mined XMR were likely going when the blockchain is opaque and uses ring sigs?

[Anonymous No.18253594]

>>18252924
How far biz has fallen

[Anonymous No.18253638]

>>18252978

Doesn’t matter. Utility token with low inflation.

[Anonymous No.18253669]

>>18252924
Pour it into a glass you fucking retard. Why even buy those cans if you're just going to sip from the container like an idiot. GOD

[Anonymous No.18253805]

>>18252924

brb buying 15 more XMR

The anser is bitcoin holders that were late to the party want gains this time around and therefore are buying the only legitimate alt coin which is XMR

85j1jgw6ejG1pmkHqNWzScFtDmPjSRkrtZj3jEE66QDxPzT5ewMe9zEAJS2DkEBM3MaT6UbzPCfct95otguooqqoNZKGtLE

[Anonymous No.18253844]

>>18252924
are you an early adopter and early miner of xmr?
this is just too fucking weird but you recall me a very good friend of mine...

[Anonymous No.18253933]

>>18252924
botnets masters are holding and dumping a very small part just to cover stupid operational costs...
I'll keep going if you answer me

[Anonymous No.18254111]

>>18252924
>guinness from the can
you'll swallow a widget and end up with an Oirish accent

[Anonymous No.18254638]

>>18253116
Exchange volume? I don't know, I'm fucking retarded.

[Anonymous No.18254708]

>>18252924
>being constantly dumped
>we've already bought in
does not compute

[Anonymous No.18254767]

>>18252924
Botnet owners have no costs of operation. They're selling it to buy PMs so they can cash out and fuck sluts

[Anonymous No.18254788]

>>18254767
And also drugs

[Anonymous No.18254805]

>>18253669
Because i like it that way
>>18253805
You didnt even try

[Anonymous No.18254837]

>>18253844
No not me
>>18253933
My data says otherwise
>>18254111
Funny good
>>18254638
The first real guess
Obviously wrong but youre better than those who came before

[Anonymous No.18254909]

>>18254708
Would you rather buy an asset with high sell pressure that was going away or one with low sell pressure and tons waiting in the wings?

[Anonymous No.18254922]

>>18254767
Idk why theyre selling but they are

[Anonymous No.18255261]

>>18254805

it's not complicated bro. bitcoin will moon and this will push up XMR because it's the only alt coin worth a shit. who needs all the complicated information about what miners are currently doing?

[Anonymous No.18255288]

Dump the price so they can mine more and margin trade it?

[Anonymous No.18255379]

You can only rely on visible data, which would be exchange volume, total transaction volume in a block, and the time of transactions. Perhaps some correlation between the three, particularly as a means to find where in the world (because of time zones/etc) it's going/coming from. But I don't see anything else beyond that.

[Anonymous No.18255403]

>>18252924
xmr is undervalued af

[Anonymous No.18255445]

>>18255379
This and before the ip obfuscation in next version you could maybe get ahold of some kind of IP data to correlate?

[Anonymous No.18255706]

>>18252924
>Lots of anons showing XMR the love it deserves
They don't tho.
That's the problem.

[Anonymous No.18256031]

>>18254837
I think your data are wrong, botting comes with a cost. Not so much if you do your homework but if you want scale in a small time there aren't alternatives. Those are operational costs since a botnet is not so far away from a business model.
BTW they'll probably go to poor countries since those can be easily exploited and scale number of victims fast...

[Anonymous No.18256051]

>>18254922
maybe you're denying it.

[Anonymous No.18256577]

>>18255261
People looking to maximize their profits?
>>18255288
Possibly, but that would expose them to unnecessary risk

[Anonymous No.18256586]

>>18255445
These are the first iterations we went through
We went through three total if that helps
>>18256051
That would be counter to my position...unless im lying about that as well?

[Anonymous No.18256597]

>>18252924
I guess biz is truly dead
Sorry nobody came close, but at least you got the basic info
Cheers!

[Anonymous No.18256698]

>>18256586
literally why the fuck does it take HOURS to sync a few days worth of shit that btc does in minutes?

The fuck kinda world do you think you're heading into?

It's time to have rotating hard drives sync fast again, because the amount of time it's taken me to post this is about how how you're going to have to sync a blockchain in the near future.

also get a radio broadcast network going holy fuck.

stop putting so much into what's already finished and start sending people to help out with massively criitcal infrastructure because if you don't direct their time towards this now then it's just going to be that much more painful when it's sorely needed.

[Anonymous No.18256737]

>>18256597
hashrate?

[Anonymous No.18256738]

While you don't know where newly minted coins are going, you can tell how much was created from the block.
You can then look at each exchange order book after each block for sell orders of an amount roughly equal to the previous block reward (transaction fees should be minimal and not really change the value). If this is all done by bots the block reward will be sent to an exchange in the subsequent block.


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[Anonymous No.18256862]

>>18256597
no it's not. botnet miners are selling to cut out legit ones and then surge prices up in the near future, thanks for the tip bro. It has a lot more value than 1 xmr

[Anonymous No.18256899]

>>18256738
this assuming they'll liquidate as soon as they mine the block but it doesn't happen often. Anyway botnet mining is gettin more and more hashrate so yours could be the right answer but because you can predict what legit miners will do.

[Anonymous No.18256918]

>>18256899
or better, use your strategy to outsmart legit miners trying to covering costs. Anyway I don't think so because those aren't the only traders out there, just a small part and depends on time to time

[Anonymous No.18257261]

Infinite supply, not auditable

[Anonymous No.18257663]

>>18252924
I happen to know for a fact that half the supply is mined by norwegian bunker anon. But seriously just ask supportxmr and minexmr who their miners are. Pic is hashrate distribution but fucked cos phones a nigger

[Anonymous No.18257718]

>>18256597
/biz/ has always been slow.
Take it easy, maybe tomorrow you will get an answer.

[Anonymous No.18258429]

>>18252924
Botnets, dumping...these are the sort of things that low level scammers would be doing. Dear God, have I been holding pajeet bags all this time? After all this, am I actually the one who shits in the streets?

[Anonymous No.18258685]

>>18252924
Timegate addition of new coins.

[Anonymous No.18258754]

>>18252978
The supply is finite at any point in time

[Anonymous No.18258913]

>>18258429
Not just botnets. Monero's asic resistant PoW basically means any cpu power can be easily turned into money.
https://www.hpcwire.com/2018/02/12/russian-nuclear-engineers-caught-cryptomining-lab-supercomputer/

Pajeets make low effort erc tokens where they own most of the supply (like chainlink) and try to pump it, then dump it. The scam is pumping worthless shit. Botnet miners steal something that's actually valuable and dump it immediately because they don't know what they've got. Like a dope fiend that would sell precious jewels at the first price they're offered. They just don't care.

>>18252924
>feel free to post what you're drinking
For me it's milk.