For the love of God can some exchange please let me buy XMR with US Dollars. I mean really, I hate Bitcoin transaction speeds. Over an hour now to transfer BTC from Coinbase to HitBTC. Another reason Bitcoin is falling behind not enough nodes out there to process payments or transactions faster. Ok rant over.
I'm with you 100% on this! For the love of God can some exchange please let me buy XMR with US Dollars. I mean really, I hate Bitcoin transaction speeds. Over an hour now to transfer BTC from Coinbase to HitBTC. Another reason Bitcoin is falling behind not enough nodes out there to process payments or transactions faster. Ok rant over.
Actually, that would not speed transactions because the same average number of blocks would be found per hour. What you really are ranting about is block size... Potato, patato the point is BTC is Worthless to us. For the love of God can some exchange please let me buy XMR with US Dollars. I mean really, I hate Bitcoin transaction speeds. Over an hour now to transfer BTC from Coinbase to HitBTC. Another reason Bitcoin is falling behind not enough nodes out there to process payments or transactions faster. Ok rant over.
. FWIW be careful with hitbtc. I have had coins locked up over there for days before. Yeah when I was doing my diligence I found that exchange to be an unacceptable risk, the same as craptsy that most of us were warning about while people we scampering to get us on there. Coinbase creates two (apparently low-fee) tx for every BTC withdrawal. They are flooding the system to push the Classic agenda.
Solution? Stop using CoinBank!
I have but we really need a trustworthy pairing outside of fincen for the long run. Even if it is just BTC/XMR. I was thinking the other night about something that could possibly fix this issue, in a "thinking outside the box" type of way. When thinking about this, I was thinking "for the sake of anonymity" rather than the cost of how to do something like this. It is no doubt that the most anonymous way to buy Bitcoins is to buy in cash. People are sometimes hesitant to do something like this, because that would have to involve a high amount of trust to the seller that the person won't just rob you and probably would be hard to coordinate a time and place that would satisfy both the buyer and the seller... and so on. The better suggestion would be then to tell someone to go to a Bitcoin ATM. Problem with this is the obvious one that there are usually no Bitcoin ATM's in someones location and that person would have to travel hundreds of miles to go somewhere, usually a big city, that has one of these things at some store. So here is what I was thinking: Now I know that this would require some initial investment from the buyer... but here it goes. What if you could order a small "safe" that could be shipped to someones house that is capable of hooking up to wifi or just a direct internet connection. It could be shipped via UPS to someones door or P.O. box, and then you can use that "safe" to connect to some theoretical exchange site; where you can insert fiat into the machine (kind of like a vending machine) that allows you to "purchase" XMR. Each time you insert X amount of fiat in the machine, it allows you to purchase Y amount of XMR in USD/XMR; rather than BTC/XMR through the exchange at that specific point in time. You can keep the machine as long as you'd like, and while you keep the machine, every XMR you purchase will be kept in cold storage held by the exchange. Then when you feel like "cashing in" on all the XMR you have purchased, you can ship back your "safe" to the exchange address. Finally the people at the exchange would be able to check that the safe hasn't been tampered with and also that the correct amount of fiat is in the safe; which then afterward they will release XMR to your specified address. --- I know this would require some initial investment on part of the people who would want to run an exchange (plus the people wanting to purchase XMR) like this; but I feel like this would be an absolute killer way to purchase XMR, and cryptocurrencies in general; which would be purchased with spare cash they have on hand, not having to deal with banks, somewhat anonymous (especially when sending to a P.O box), etc. Could just be a pipe dream I had though... whatever, I thought I would share with you guys though.  At this point in the game I'm not worried about the anonymity of my purchases as much as being able to make them. I like your outside the box thinking but someone would just rip off the box. Well the scenario that hedge fund managers even taking the time to listen to someone promoting an altcoin to bitcoin, which is regarded as a criminal tool used to buy drugs, guns, etc; is just as highly unlikely as well. Theoretically speaking, I would think talking to someone in a more conservative manner while presenting facts about the pros and cons of XMR looks better than promising 1000X per investment right off the bat... looks less like a scam in my mind, and I would think the same for investors who have no idea what the uses for cryptos are; besides what the media portrays.
If it's one thing I've learned through life, It's that pencil pushing moneymen could give a shit less what something is being used for as long as they can get their cut. Where did you get that stupid idea that these people have morals? Cash to XMR is already available using AltQuik (sp?) as long as you are not in New York
Purchase book has very limited amount for sale. It's not a portal but a OTB site. https://www.altquick.co/buy-2.php?coin=XMRAlso to buy 1k this is not remotely close to a fair buy. XMR for sale: 1167.968666
( 387.064831 minimum purchase)
USD required: 1357.8756
XMR / USD : 1.162596 Does anyone know what it would take to make this happen on our own? A member TheKoziTwo I think ran one first but closed when we got on Polo if I am remembering the facts straight. Maybe he could help? |
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That OP suddenly changed the poll title... Needs to be deleted then. |
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Suite B will be a necessity. |
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Yes, That is the first thing I ran across when I was trying to find the implications when I was researching the term. It really is a GREAT read and needs to be linked and accessible to those researching Monero. I believe this should be a huge part of the marketing when it starts and there is no reason not to start setting up now for when the push starts. BTW, Who will be in charge of the marketing aspect when we finally are ready for that phase? ...
Great read. Thanks for posting.
This is one of the reasons I own Monero next to Bitcoin. There is a chance a blacklist will become accepted in Bitcoin or in the Bitcoin habitat which would help it spiral to death. Monero would most likely take its place.
I agree and that is why I want to see a USD/XMR pair RIGHT now! I want nothing to do with BTC anymore it is a dead end that has passed it's time and will do nothing but turn people away from the concept of V currency going on. The Cons are starting to outweigh the Pro's with BTC, the community is splintered and eating itself (whether by design or not) and it is becoming centralized and regulated. ALL things I cannot abide. XMR needs to be ready to step in as soon as that Gui is ready. And definitely before that Zcash bullshit is released. Because it is guaranteed they will be stealing the privacy spotlight from all other coins even though they have so many gaping flaws they are not to be trusted on release. I just can't imagine having to trust 3 people with an entire economies worth of wealth!! MY god That is worse than the current Banking system! The Marketing plan and it's supporting infrastructure needs to be ready to be released on the day the GUI is released, not started on at that time. And updating all the literature should be a #1 priority on that list as that is what everyone will be directed to when inquiring. What we need is a pair of eyes that have never seen Monero yet is knowledgeable about using BTC and then send them to the docs and let them make a list of what is to confusing and hard to follow and or missing. then we can address that list rinse and repeat until the literature is easily digestible to the public. |
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I think fungible is really a specialist term that doesn't work so well talking to people more widely than the cryptocurrency or economics worlds. Just my opinion on it.
Even in the cryptocurrency world a lot of people (even so-called experts) cannot properly define it. Agree with both. That's why I moved "fungibility" from a fourth pillar to a sub-feature under "untraceable." And I do agree that most users don't place this as a high priority when they're looking at a coin...at least not yet. For those who do dig in and research a coin's properties -- including Bitcoin's, which I like -- I think fungibility will become more important as they discover the possible ramifications of having a coin that isn't fully fungible. I see more people discussing BTC's issues with fungibility in the BTC threads than I did even 6 months ago, so it looks like it's slowly becoming more important to people. And the great thing is that we have already have a fully fungible coin with no sidechain or other solution needed. I think having this property mentioned on the home page, even as a sub-feature, will let "coin shoppers" see all of the valuable properties of Monero at a glance. Some won't fully understand what "fungible" means but they'll probably know that it's a desirable property, and they'll research it more if they want to. Yes it is a "specialist term" and one that is not being flaunted by any other coin ATM. It is the perfect time to co-op it. It is catchy and unique. Anyone that reads it will google it. Anyone who finds the pillars are doing their due diligence and will certainly read the description. Those that don't or won't will never get to the pillars anyway and really will only care about whether they can easily use the coin (that will be the gui crowd). In the mean time the people we want, the believers in the worth of Cryptonote, specifically Monero, are exactly the people that will see and understand what it is and means. |
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I think your either out of your manic phase or you've been bribed. I hope the former.  |
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This addresses the one thing I really dislike about chess, the fact that in reality all the moves ahead can never be known and therefore you must choose the most probable path for success. Or at least it looks like it attempts to. Well, it seems like it would be great fun. Perhaps in quantum chess we can beat this grandmaster. We'll have our luck decide for us. I think the board might have to be enlarged and possible more pieces added. obviously the higher the piece count and squares the lower the chance factor. And I think we would still lose! |
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I produced the following chart. Welcome any feedback and/or corrections
Valuation of common assets: Seashells: No, Monero: No, Eth: No
Constant utility: Seashells: No, Monero: No, Eth: Yes
Low cost of preservation Seashells: Yes, Monero[/i:] yes, Eth: Yes
Transportability: Seashells, No [Monero: Yes, Eth: Yes
Divisibility: Seashells: No, Monero Yes, Eth: Yes
High market value in relation to volume and weight: Seashells: No Monero: yes, Eth: Yes
Recognizability: Seashells: yes Monero; No, Eth: Yes
Resistance to counterfeiting Seashells: Yes? Monero: Yes, Eth, Yes
Valuation of common assets: Seashells: No, Monero: No, Eth: No Constant utility: Seashells: No, Monero: Yes, Eth: Yes(?) Low cost of preservation Seashells: Yes, Monero[/i:] Yes, Eth: Yes : LOW is a subjective term Transportability: Seashells, No [ Monero: Yes, Eth: Yes Divisibility: Seashells: No, Monero Yes, Eth: Yes High market value in relation to volume and weight: Seashells: No Monero: yes, Eth: Yes :High is a subjective term Recognizability: Seashells: yes Monero; No, Eth: No : your dreaming if you think Eth is more recognizable in anything but a minimalist subset Resistance to counterfeiting Seashells: No Monero: Yes, Eth, No(?) Question marks for Eth are there as the Peer review nor maturity is no where near being at a acceptable level to provide trust FTFY |
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Has there been discussion on adding "fungible" as a fourth pillar of Monero (secure, private, untraceable, fungible)? True fungibility is a valuable property of Monero that BTC lacks. For those of us who have been with Monero for a long time, this is not news to you, but Monero is attracting more attention and I think it would benefit from showcasing its fungibility property and why it's so important/valuable (no coins can be blacklisted, blocked, etc.).
I think it's a key property that many don't know about, and they don't know about it because it's not showcased like the other properties/pillars. I think it would only benefit XMR to showcase this property. Has this topic been discussed?
Good idea, I see untraceable is a property of fungibility and it is becoming more mainstream as the masses start to comprehend the differences of various coins. There are no other coins that are 100% fungible besides cryptonote. Therefore I would vote to replace rather than add. I see your point. In keeping with the 3 pillars, I added the bold green text to the text of the 3 pillars. The text comes from the Monero home page https://getmonero.org/home . What do you think? (Just so everyone knows, I'm not a XMR dev, just a fan/user sharing some of my thoughts). SECUREUsing the power of a distributed, fully decentralized, peer-to-peer consensus network, every transaction is cryptographically secured. Individual accounts have a 25 word mnemonic seed displayed when created, which can be written down to back up the account. Account files are encrypted with a passphrase to ensure they are worthless if stolen. PRIVATEMonero uses a cryptographically sound system that allows you to send and receive funds without your transactions being publicly visible on the blockchain (the distributed ledger of transactions). This ensures that your purchases, receipts, and other transfers remain private by default. [nothing added]
UNTRACEABLEBy taking advantage of ring signatures, a special property of certain types of cryptography, Monero enables untraceable transactions. This means it's ambiguous which funds have been spent, and thus extremely unlikely that a transaction could be linked to particular user. Monero is also completely fungible, and this means that coins can't be blacklisted or blocked.How about something like this. Although It's starting to break down the pillars as private is really a subset. Looks like it does need an update but someone with better knowledge should probably flesh out points and then we could work on the wording? SECUREUsing the power of a distributed fully decentralized peer-to-peer consensus network in which every transaction is cryptographically secured. Individual accounts have a 25 word mnemonic seed displayed when created, which can be written down to back up the account. Account files are encrypted with a passphrase to ensure they are worthless if stolen. could use a rewrite as wellFUNGIBLEBy taking advantage of ring signatures, a cryptographic method, Monero is 100% Fungible. This means the coins are mutually interchangeable and therefore impossible to determine which funds have been spent on what, and thus extremely unlikely that a transaction could be linked to a particular user. Untraceability is also a byproduct of fungibility, which also means that Monero coins cannot be blacklisted and/or blocked.] PRIVATEAnother byproduct of fungibility from the use of ring signatures is Monero allows you to send and receive funds without your transactions being publicly visible on the blockchain (the distributed ledger of transactions) unless you provide a veiw key for them to access that information. This ensures that your purchases, receipts, and other transfers remain private by default but can be proven if you so wish. |
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So far the only evidence of persistent resistance is the 340k mark predicted by...who said that? Search is failing me. 300-340 ping pong for a while?
This was mine but I never expected it to hit 30 so fast! ... Market is responding to some of Shen's work and ETH profits are flowing in for now to ride, but I personally think that a new base will come out of all this. We could see an end of the 0.001 era for good measure.
Back to 24? 32? I have no clue where it's going. My day back from the casino I get some good entertainment!  Why would ppl move from eth to xmr?
I think if anything, it would be the other way around. Ethereum has essentially cloned Monero at this point. I disagree on that point. What has been 'cloned' is a cryptographic primitive. Monero does not have a "mixer", so the design is entirely different. If anything what was created for ETH is closer to SDC than XMR (doubly-so once ETH switches to proof-of-stake). However, I will agree on your broader point that if ETH grows sufficiently (say two orders of magnitude from where is now) then it will become the de facto blockchain platform on which everything else is built, and that will include privacy-preserving systems such as Monero. That's a "big if" though. While ETH appears to be gaining momentum at the moment, the vast majority of systems that attempt to grow by two orders of magnitude stumble and fail at some point. 1) Hashrate securing cryptonote chains is dwindling, whilst ETH is increasing, The hash rate on Monero has not been "dwindling" (and the other "cryptonote chains" don't matter), it has been quite stable. While there is a lag, if the price holds up where it is now the Monero hash rate will certainly increase a lot. HA! right! Eth is actually copying shadowcoin. LMFAO |
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Well it would be nice if the team or somebody else can develop an user friendly 1 click wallet right? Would also gain more people and attention...
There is also a simple web wallet I see, is it safe option as well?
It's from fluffypony, who is a core-team member, thus considered safe as in trustworthy. However, one should always be cautious with using webwallets. More specifically there have been successful thefts. Fluffypony explicitly recommends not storing too large an amount there, and instead using it for convenient access to smaller amounts. Is there a thread or such detailing that? This one for example: https://www.reddit.com/r/Monero/comments/491gbj/i_lost_some_monero_that_i_had_on_mymonerocom/d0ocdpmBut like fluffypony explains in the comments, it is not the webwallet itself but all the (potentially weak) links between (and including) the users computer and the server (the ISP, the VPN provider, TOR exit nodes, CloudFlare, etc). So only use it for pocket change, like your 'real' wallet. +992983741982371023 I'm in the process of making that a little more clear on the wallet creation page, since I fear for people using it as a form of cold storage. Every time they login they risk their funds getting swiped:/ OK after reading this I'm moving what I have. I tried last week while you were at the conference but was getting a multitude of server errors. Did you receive my PM and read my post? Until you verify the site is fixed It would be foolish for me to try to withdraw. |
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Has there been discussion on adding "fungible" as a fourth pillar of Monero (secure, private, untraceable, fungible)? True fungibility is a valuable property of Monero that BTC lacks. For those of us who have been with Monero for a long time, this is not news to you, but Monero is attracting more attention and I think it would benefit from showcasing its fungibility property and why it's so important/valuable (no coins can be blacklisted, blocked, etc.).
I think it's a key property that many don't know about, and they don't know about it because it's not showcased like the other properties/pillars. I think it would only benefit XMR to showcase this property. Has this topic been discussed?
Good idea, I see untraceable is a property of fungibility and it is becoming more mainstream as the masses start to comprehend the differences of various coins. There are no other coins that are 100% fungible besides cryptonote. Therefore I would vote to replace rather than add. |
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Edit: Deleted in shame because I was wasted and stupid. Sorry.
I think the collection phase is over for good.  1. ..and we only had 2 years.... 2. 1$ wasn't "collection phase" in bitcoin? Good point, If we can get a usd/xmr pair I'll be grabbing more. I'm out of BTC for good. |
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This addresses the one thing I really dislike about chess, the fact that in reality all the moves ahead can never be known and therefore you must choose the most probable path for success. Or at least it looks like it attempts to. |
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Edit: Deleted in shame because I was wasted and stupid. Sorry.
Posting drunk on the interwebs! Say it ain't so! w0w price is booming. Dammit cashed out my BTC because I thought it would tank so couldn't get any when it dropped. was looking to grab it when it dropped at 180 but couldn't get rid of some other alts at the time. I think the collection phase is over for good. If I remember correctly you did extremely well with VPN coin so that should help make up for not owning as many XMR as you wanted. This there is some way VPN and XMR communities can help each other? Maybe VPN users ask Chinese exchange to add XMR and Monero users ask Poloniex to add VPN? What do you think? p.s. Its okay to post drunk, especially during a boom. A most excellent Idea, VPNcoin really is a gem and a great idea. There are not many english speaking speculators as they run into the language barrier when it comes to the documentation. I invite you all to take a quick peek and if you like what you see please make a request to polo. I have mentioned it in the thread but the low BCTalk members in that thread is not going to make it happen. https://bitcointalk.org/index.php?topic=789961.0AFA what chinese exchange we should target I would have no idea. If you guys come up with a good choice I will ask that community to make an effort for us. I also think we need a USD/XMR pair and have emailed Krakon and would request you all do as well. I'm pretty fed up with coinbase. |
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