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1821  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 27, 2017, 05:27:14 PM
Finex is getting some volume back? Shorts are at 1yr high too, grab your torches?  Grin


Do you think that when there are that many shorts, then the price is more likely to go up?

I have no real clue, except that I do understand the motive to push the price in the opposite direction to force those shorts into being called.

shorts are not at 1 year high, the 1 year high is 25,345 BTC August 1 2016 03:00



Not seeing shorts crossing BTC25k on Aug 1st


Can you post a link to where that chart came from please?

See https://www.bfxdata.com/swaphistory/btc
1822  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero Lightweight Wallet on: January 27, 2017, 03:09:20 PM
How big is monero's blockchain right now, anyway?

From what I know it is very hard to create SPV wallets for monero because secure design of this coin is hard to transfer to SPV environment.
There is technical difficulties to keep your privacy on the level of full node wallet. If you are Monero user then the best option is still using Monero Core.

That will hamper the growth of its user base, if 3rd party developers have a hard time creating an SPV wallet for Monero. Maybe that is the reason why the Jaxx wallet was not able to add XMR in a timely manner. I hope they are still working on it now.

Why not just use the Electrum source code?
 
You know how there is Electrum Dash, Electrum Litcoin, and even Electrum Siacoin. Why not Electrum Monero?

That would be the best approach in my opinion.

Monero is not a bitcoin clone is why. Jaxx thought it would be easy to whip up an SPV wallet for Monero and got a surprise.
1823  Other / Archival / Re: . on: January 26, 2017, 08:25:30 PM
Please put me down for 10 notes plus 10 holders am in USA. If you can give me 601 to 610 that would be cool, if not any ten consecutive. I am not that picky so if you have to send mixed serial numbers no problem. Also sent PM to @minerjones I was never into collecting coins but the bills have me interested. It would be fun to collect each edition as the design changes and matures.
1824  Economy / Service Announcements / Re: Bitcoin Cloud Mining with HashFlare on: January 26, 2017, 05:06:44 PM
HashFlare SHA-256 daily fees are even higher than Genesis Mining:

  • HashFlare $0.40/TH
  • Genesis Mining $0.35/TH
  • BW.com $0.26/TH
  • Hashnest S9 $0.21/TH
  • POW88 A7 $0.18/TH
  • HaoBTC 150W HashEx $0.17/TH
  • ViaBTC $0.16/TH

The lower the daily fees the higher your payout and the faster you ROI.
1825  Economy / Exchanges / Re: where is huobi? on: January 25, 2017, 11:00:51 PM
Trading will be slow in China next two weeks for Chinese New Year.
1826  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: January 25, 2017, 10:57:01 PM
How much did Bitcoin being used on silk road effect its price rise?

How much of the 30x rise in 2016 was affected by a rise in Monero on the dark web?

Take a look at https://99bitcoins.com/price-chart-history/ looks like between the time Gawker wrote the article on Silk Road and DPR was arrested there was a 13X increase in bitcoin price.

Wired recently published an article noting that only about two percent in sales were in Monero on the one dark web market that accepts it. The speculative pump in September was just that, speculation. It is good news that the price did not plummet back to .005 as it seems the publicity made many people aware of the privacy advantages Monero has over bitcoin and now they desire to hold some. The official GUI helps of course and since twice annual hard forks are normal for Monero there is no division in the community over that issue.
1827  Economy / Service Announcements / Re: [ANN] POW88 TO DECENTRALIZATION HASHRATE, on: January 25, 2017, 08:16:51 PM
I would like to buy hosted mining but only if the provider I choose is using Bitcoin Core 13.1 and signaling for SegWit. Where does POW88 stand on SegWit and if you are using 13.1 how can I verify? Thank you.
1828  Economy / Service Announcements / Re: [ANN] HaoBTC, mining dividend paid out hourly on: January 25, 2017, 08:15:15 PM
I would like to buy hosted mining but only if the provider I choose is using Bitcoin Core 13.1 and signaling for SegWit. Where does HaoBTC stand on SegWit and if you are using 13.1 how can I verify? Thank you.
1829  Economy / Exchanges / Re: where is huobi? on: January 25, 2017, 07:34:36 PM
No data at bitcoinwisdom https://bitcoinwisdom.com/markets/huobi/btccny
1830  Economy / Service Announcements / Re: [ANN]New Product by HaoBTC on: January 25, 2017, 03:36:25 PM
Have to wait for a Chinese speaker to try it out and post. I don't load apks on my phone.
1831  Economy / Speculation / Re: FIATLEAK.COM on: January 24, 2017, 08:14:42 PM
Fiatleak.com was not working for almost a week but is back now. In case it is offline again or for comparison a similar site is https://blocks.wizb.it/
1832  Economy / Service Announcements / Re: [ANN]New Product by HaoBTC on: January 24, 2017, 05:10:34 PM
Without website translation in English available and official release on Google Play store I do not think you will gain much adoption outside of China. Android requires installation by apk.
1833  Bitcoin / Wallet software / Re: Deterministic wallet compatibility matrix on: January 24, 2017, 03:58:59 PM
According to the developer Breadwallet doesn't allow you to recover all possible bip39 compatible phrases

Where does he say that? bip39 is not the same as bip44.

See https://www.reddit.com/r/Bitcoin/comments/4n0wdt/received_my_ledger_nano_today_im_extremely/d402mre/ you're welcome
1834  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero Lightweight Wallet on: January 24, 2017, 02:52:19 AM
How big is monero's blockchain right now, anyway?

From what I know it is very hard to create SPV wallets for monero because secure design of this coin is hard to transfer to SPV environment.
There is technical difficulties to keep your privacy on the level of full node wallet. If you are Monero user then the best option is still using Monero Core.

9.7 GB on my laptop see http://monero.stackexchange.com/questions/1789/blockchain-size-on-hard-drive
1835  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero Lightweight Wallet on: January 23, 2017, 06:57:39 PM
Now that the official GUI is out and Jan hard fork is past Lightwallet2 no longer works so there is no lightweight wallet for Monero. Jaxx is a possibility but I will believe it when I see it.

A question, now that the gui is out, there is a way to solo mine with gpu? if i had many gpu and don't want to go with a pool, i remember that in the past there was no way to do it, you were obligated to run a server proxy or soemthing and emulate your own pool to do it, it was very complicated, it could be good if they fixed this issue, also another issue was about having multiple address in a wallet, they fixed that too?

Solo mining will be built in to the next beta of the Monero GUI (Beta 2)

1836  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero Lightweight Wallet on: January 23, 2017, 04:29:30 PM
Now that the official GUI is out and Jan hard fork is past Lightwallet2 no longer works so there is no lightweight wallet for Monero. Jaxx is a possibility but I will believe it when I see it.
1837  Bitcoin / Wallet software / Re: Deterministic wallet compatibility matrix on: January 22, 2017, 10:37:38 PM
breadwallet uses bip39:

https://github.com/voisine/breadwallet/issues/131#issuecomment-69028749

please correct the file. it is a very useful resource Smiley

I think the file is correct. Breadwallet follows the bip32 default wallet layout with path m/0'/0/x, where x = each new address generated. According to the developer Breadwallet doesn't allow you to recover all possible bip39 compatible phrases, but all Breadwallet recovery phrases are bip39 compatible.
1838  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: January 22, 2017, 10:02:22 PM
btchip and fluffypony certainly know each other I would be surprised if Ledger did not come out with cold storage for Monero in the first half of this year.
1839  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: January 22, 2017, 03:40:22 AM

There are different type of adaption:
1) Speculation (short term buying and selling)
2) Bagholding (consider Monero as an asset and want to accumulate it as much as possible)
3) Transactional (buying illegal stuff mainly right now)


I think there's a 4th basic category of user adoption, which has not gotten very large yet *but* IMHO could potentially become the biggest one of all.

Let's call them...

4) The FungibiliFreaks  Grin

These would be bitcoin users who have been bitten by BTC's lack of true fungibility, i.e. people who have had a coinbase account closed on them due to 'tainted' coins coming into their wallet from 4+ hops earlier, etc., even if they themselves never did anything questionable at all.  Stuff like this that we all *know* is going to be impacting BTC adoption and actual real-world *use* more and more over time, especially as the so-called "chainalysis" gets stronger.

Personally, I am not doing it yet, myself, but more and more I feel like I may be turning into a FungibiliFreak, LOL  Grin

What I mean by this is: lately I've been thinking that the best way to manage all my crypto-currency use the BEST way, is gonna be to simply keep nearly all of it in Monero, at first, and only quickly "flip over" some XMR, to BITCOIN, whenever I need it to be spendable... something like that.  And then, when buying-back the BTC I've spent, before ever *using* it, I'd always FIRST put it BACK into the MONERO stash!

Doing things this way, basically means XMR's fungibility is front-and-center, making all my crypto use "as good as cash", since any Bitcoin in my wallet was always first acquired "clean" from an untrackable Monero source (even if it's just a few dollar's worth, quickly and simply on Poloniex or thru ShapeShift).

This would mean BTC only, small amounts, kept in a daily-use spendable wallet, but my REAL WEALTH stored in "bulk", long-term, safely, quietly, and privately in MONERO.

What do you guys think...?  Anyone else feel like they may be turning into a FungibiliFreak...?  OR maybe you already *know* you ARE one?? LOL


Not a bad idea. Could be held back until someone comes through with a hardware wallet for Monero. I know Ledger is working on one but no ETA.
1840  Economy / Service Announcements / Re: [ANN] POW88 TO DECENTRALIZATION HASHRATE, on: January 21, 2017, 07:00:27 PM
Avalon 721 is 160 W/TH
Antminer S9 is 98 W/TH

Those figures really only have meaning to you if running miner at home or a colocation center. When buying hosted mining take a close look at fees/TH

  • Genesis Mining $0.35/TH
  • BW.com $0.26/TH
  • Hashnest S9 $0.21/TH
  • POW88 A7 $0.18/TH
  • HaoBTC 150W HashEx $0.17/TH
  • ViaBTC $0.16/TH

ViaBTC has the lowest fees and highest daily payout but there is a problem. Once you buy hash you cannot sell it. All other providers except Genesis Mining have an internal exchange where you can sell your TH when you want. If you do not want to be locked in to your investment choose POW88 or HaoBTC 150W HashEx. Due to outrageous fees stay far away from Genesis Mining.
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