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What was the hashfast fiasco about anyway?
Preorder asics that were never delivered. Cypherdoc has been accused of receiving 3000 btc to shill for them on btctalk to get people to make orders. iCEBREAKER has also been accused of being paid to shill or being in some way affiliated with the company, but I haven't seen as direct and specific accusation as has been levied against cypherdoc.Cypherdoc's name is also on the plaintiff, whereas iCEBREAKER's isn't as far as I can see.
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This community is so "polluted" ... iCEBRAKER was a former CEO of Hashfast, criminal ASIC scammer with a lawsuit in progress. No wonder he's all-in in Monero, he had to 'wash' his stolen bitcoins... I see this thrown around a lot, but without any accompanying evidence. Obviously the nick iCEBREAKER appears to have been involved somehow, but in what capacity no one seems to know. I am not sure either if it confirmed it was him. In one of the screenshots he states: To be fair, it's possible the site was under attack. Haters abound. Wouldn't he know for sure if he was the CEO? Not trying to defend anyone here, but the evidence is kind of inconclusive.
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is there a GUI wallet?
I was trying to answer before any possible snarky answers were given as this is the eternal question. However as usual I was too slow but am happy you were given proper answers. Anyway good to see you Since the proposal of the official QT GUI was funded we can just point people to the FFS thread and the activity on Github, which is already a great improvement I think.
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is there a GUI wallet?
Not yet, we recently funded a proposal to get it finished. See (there are also some screenshots there): https://forum.getmonero.org/8/funding-required/2476/the-official-qt-gui-projectHis work and the activity can be followed on: https://github.com/mbg033?tab=activityhttps://github.com/mbg033/monero-corehttps://github.com/mbg033/bitmonero
The current options are: -MyMonero, which is a web wallet and very convenient to use -> https://MyMonero.com. -Simplewallet, this is a CLI, which might have a bit of a learning curve but does better in preserving your privacy. Binaries here -> https://getmonero.org/downloads/. You need to sync the whole blockchain from scratch though to use simplewallet. Syncing from scratch is done with the daemon (bitmonerod). If you want, I can walk you through on how to use simplewallet at IRC. Alternatively, feel free to ask any questions here. -Jwinterm's lightwallet, which uses either your own or a remote node. See -> https://getmonero.org/getting-started/choose (at the bottom). Instructions on how to run a remote node here -> https://www.moneroclub.com/node-Lastly, there is https://Moneroaddress.org which can be used to generate a paper wallet. It is simply a port of -> https://github.com/moneromooo-monero/monero-wallet-generator and can be used offline. Again, if you have any question, don't hesistate to ask!
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Another thing I have noticed is that the big buy wall at DASH/BTC on Poloniex disappeared. It was around 100 BTC and presumably belonged to Otoh, a large DASH whale. It could very well be that he removed it from the bids to use as collateral to short XMR. This is a bit speculation though.
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Rates up to 0.28% now. I estimate that his total short position is currently around 30k XMR, which of course have to be bought back at some point.
What if another whale else comes along and goes long buys pushing the price higher Does that mean this shorter gets liquidated? Yes, he would have to buy everything back from the asks. Check out the example of short selling and short squeeze I posted before. Meanwhile, he took out another 5.5k and put it at 185k as well. I estimate that his open position is +- 35k currently.
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Rates up to 0.28% now. I estimate that his total short position is currently around 30k XMR, which of course have to be bought back at some point.
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Market still looking bullish in my opinion. Furthermore, someone took out +- 8k in shorts and subsequently dumped them on the bids.
EDIT: Still taking out shorts and subsequently dumping them. Up to +- 10k now I estimate.
EDIT2: Up to +- 13k now. All market dumped.
EDIT3: Make that +-14k. Bear in mind that he has to buy it back sometime.
EDIT4: He took out another 3-4k which are slowly being dumped now, totalling +- 18k.
He took out another batch of shorts and subsequently market dumped them. I estimate his short outstanding currently is +- 22k. Rates are also over 0.1% Which means what? Here is an explanation on short selling and what short squeeze is: Well, first you need to know what short selling is. Shorting a stock is an investor borrowing a stock that you then sell at the original price but agree to buy back once the price drops. Here's an example: Let's say you think Killabri Cookies is priced too high at $30 a share. You borrow 100 shares of that stock from your broker and sell them for $30 a share. Few days later it comes out that Killabri Cookies has crack addicts in the kitchen and the price drops to $25 a share. You then buy back the stock as per your agreement with your broker but you're buying at $25 instead of $30 - you're making a profit of $5 a share.
Now, a short squeeze occurs when the opposite of what I described above happens - let's say you borrow those 100 shares at $30 a piece thinking Killabri Cookies is gonna go down, but a few days later after you buy a brand new product hits the line that changes everything and the stock balloons to $40 a share. You're stuck holding shares you thought were going to collapse when you're now going to owe money back to your broker. If enough short sellers think they need to cover their position by buying enough stock to make sure they don't lose money, that inflates the stock price substantially - hence the "squeeze" of someone trying to stay short on the stock. The same concept applies to cryptocurrencies. However, instead of borrowing from "your broker" traders can borrow from other people at Poloniex in the lending market. See: https://poloniex.com/lending#XMR
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Market still looking bullish in my opinion. Furthermore, someone took out +- 8k in shorts and subsequently dumped them on the bids.
EDIT: Still taking out shorts and subsequently dumping them. Up to +- 10k now I estimate.
EDIT2: Up to +- 13k now. All market dumped.
EDIT3: Make that +-14k. Bear in mind that he has to buy it back sometime.
EDIT4: He took out another 3-4k which are slowly being dumped now, totalling +- 18k.
He took out another batch of shorts and subsequently market dumped them. I estimate his short outstanding currently is +- 22k. Rates are also over 0.1%
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Market still looking bullish in my opinion. Furthermore, someone took out +- 8k in shorts and subsequently dumped them on the bids.
EDIT: Still taking out shorts and subsequently dumping them. Up to +- 10k now I estimate.
EDIT2: Up to +- 13k now. All market dumped.
EDIT3: Make that +-14k. Bear in mind that he has to buy it back sometime.
EDIT4: He took out another 3-4k which are slowly being dumped now, totalling +- 18k.
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I am creating some paperwallets by https://moneroaddress.org/I anyway can avoid possible botnets by using that page offline when creating papewallet. But to be sure that the nmemonic seed is real, I has to check by some onlinewallet. At the end of that site there is some guide of using GPG key. I guess a can download the same address-generator code from github and verify the validity of the code by GPG. The guide anyway is slightly messy for me. Can someone explain it more simple way? If it is possible? [1] Download the .ZIP file from -> https://github.com/moneromooo-monero/monero-wallet-generator. You can extract it on an USB, preferably a fresh one. It contains an HTML page that is used as generator and can be used offline. [2] You can grab MoneroMooo's PGP key from -> https://raw.githubusercontent.com/monero-project/bitmonero/master/utils/gpg_keys/moneromooo.asc. Subsequently, you can use any PGP/GPG program to verify if the generator hasn't been tampered with. The program simply verifies that the generator has been PGP signed by MoneroMooo. You should see a message similar to: I am not sure, but I think this step can also be performed offline. [3] Once you have verified the seed and have all the compartments on a fresh USB, you can bring the fresh USB to an offline/airgapped pc to generate a paperwallet with it. Does this answer all your questions? EDIT: Included a screenshot how [2] should look like: EDIT2: If you or anyone else needs additional help or a walk through regarding [2], feel free to PM me on IRC. I am at #monero on freenode. I'll compile a guide for it later. Looks like you have some kind of GUI GPG. Where is that available? I used linux command line. Anyway. I progressed. This is what I did. 1. I downloaded the ZIP-file from https://github.com/moneromooo-monero/monero-wallet-generator2. I opened this site https://raw.githubusercontent.com/monero-project/bitmonero/master/utils/gpg_keys/moneromooo.asc and copypasted its whole contain to a texteditor, named the file as moneromooo.asc and saved it to the same directory where I dowloaded the ZIP file. I did not yet use USB stick since I am just testing. 3. I opened the linux command line and went to the folder where I put those files. I gave command $ gpg --import moneromooo.ascgpg: /home.gnupg/trustdb.gpg: trustdb created gpg: key 4D6CEFC3: public key "moneromooo-monero < moneromooo-monero@users.noreply.github.com>" bring gpg: All in all treated: 1 gpg: bring: 1 (RSA: 1) 4. I gave command $ gpg --verify monero-wallet-generator.html.ascgpg: Signature made to 7. january 2016 02.14.58 EET using RSA key ID 4D6CEFC3 gpg: Good signature from "moneromooo-monero < moneromooo-monero@users.noreply.github.com>" gpg: WARNING: This key is not certified as a reliable signature! gpg: There is no guarantee that the signature really belongs to its holder. Primary key fingerprint: 48B0 8161 FBDA DFE3 93AD FC3E 686F 0745 4D6C EFC3 So is everything just fine? Looks like there is some problem with the key. I am not using english linux so I made some translations to those messages. Do not wonder if the language looks slightly different than usually. The key is still valid, so it isn't that. See: EDIT: Moneromooo just stated on IRC that you should add his key/PGP to your trusted list. The key should be "4D6CEFC3", which seems all right in your case. EDIT2: Program used is this -> https://www.gpg4win.org/download.html. Not sure if they have a linux/mac client somewhere.
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Crosspost from reddit: "We now accept Monero at GoBelle.me and ProductMonth.com" Hi. This is just to let you know that we think highly of this cryptocurrency and for this reason we've implemented it for both https://productmonth.com and http://gobelle.me; we will also support it for implementation on the CoinPayments payment processor with the maximum of ten votes for each store that we have. We are building now a more complex platform that will accept cryptocurrencies and hopefully until it's done we can find a solution to implement automatic Monero payments without paying too much for a dedicated plugin. We're looking into it! Have a nice day https://www.reddit.com/r/Monero/comments/47j55o/we_now_accept_monero_at_gobelleme_and/They also accept scamcoins like Dash and other crapcoins. Nothing special. Regardless of that, it's a good development for the Monero ecosystem.
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I have another question. I only have 32 bit linux. Can I run simplewallet?
Yes, there are binaries for 32 bit here: How come Monero still don't have wallet for windows 32 bit? (I see you have for version 64 bit). For example i have windows 7 32 bit and all i can do is to store my Moneros on Bittrex, Also i have phone and same story. I wont install 64 version especially for Monero. Many think like me. This is very strong community and good development, try to fix this. Thanks!
p.s. Sorry i didn't read one thousand pages to find answers for myself, i don't have much time. Don't get me wrong.
https://www.reddit.com/r/Monero/comments/433w2u/new_32bit_binaries_for_v091/Those should work. Even though they are unofficial, hyc is trustworthy.
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Crosspost from reddit: "We now accept Monero at GoBelle.me and ProductMonth.com" Hi. This is just to let you know that we think highly of this cryptocurrency and for this reason we've implemented it for both https://productmonth.com and http://gobelle.me; we will also support it for implementation on the CoinPayments payment processor with the maximum of ten votes for each store that we have. We are building now a more complex platform that will accept cryptocurrencies and hopefully until it's done we can find a solution to implement automatic Monero payments without paying too much for a dedicated plugin. We're looking into it! Have a nice day https://www.reddit.com/r/Monero/comments/47j55o/we_now_accept_monero_at_gobelleme_and/
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Crosspost from reddit: "We now accept Monero at GoBelle.me and ProductMonth.com"Hi. This is just to let you know that we think highly of this cryptocurrency and for this reason we've implemented it for both https://productmonth.com and http://gobelle.me; we will also support it for implementation on the CoinPayments payment processor with the maximum of ten votes for each store that we have. We are building now a more complex platform that will accept cryptocurrencies and hopefully until it's done we can find a solution to implement automatic Monero payments without paying too much for a dedicated plugin. We're looking into it! Have a nice day https://www.reddit.com/r/Monero/comments/47j55o/we_now_accept_monero_at_gobelleme_and/
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mymonero.com generates a 13 word seed, but moneroaddress.org uses 25 words. In order to generate a wallet that's compatible with both, you have to start by generating a 25 word wallet at moneroaddress.org. Then, you go to mymonero.com and enter the 25 word seed (mymonero.com will accept 25 word seeds, though it doesn't generate them). When mymonero brings up the wallet, it will show the balance but no transactions, and you will have two choices: Import transactionsPay a small fee to import all the previous transactions for this account (you can always find this later in Account > Import Wallet)Don't import transactionsYou can send and receive coins from your account, but you won't be able to see or spend any transactions you have received before nowMy question: Let's say you choose not to import transactions, because it's a brand new wallet you just created, and there are no transactions yet to import. You log out of mymonero.com. You start sending moneroj to the address. When you next log in to mymonero.com, does it show the transactions? That should work, see smooth's comment: because the webwallet can be monitored (probably) by the hosts and therefore frozen in case of emergency like some kind of governement interference.
MyMonero coins can't be frozen because if MyMonero refuses to let you use them (or shuts down), you can import your private keys (via the seed) to another wallet. Coins that are deposited on a centralized exchange can be frozen. Any chance to have this functionality in the GUI? It would make things ultra easy. There is some issue with merging the MyMonero seed import code that I don't understand, but code exists on github, available to be used in an emergency. However, a readily available workaround is to create a wallet with simplewallet first, then use the same seed on MyMonero. At that point you have a wallet that can directly accessed with both methods (MyMonero for convenience, simplewallet or another wallet if necessary). I'm sure this method will work with the GUI as well. I think the offline paper wallet generator (URL?) can also be used to create a fully portable wallet. However, if you are going to use a paper wallet for storage I don't recommend importing the seed in MyMonero too.
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I am creating some paperwallets by https://moneroaddress.org/I anyway can avoid possible botnets by using that page offline when creating papewallet. But to be sure that the nmemonic seed is real, I has to check by some onlinewallet. At the end of that site there is some guide of using GPG key. I guess a can download the same address-generator code from github and verify the validity of the code by GPG. The guide anyway is slightly messy for me. Can someone explain it more simple way? If it is possible? [1] Download the .ZIP file from -> https://github.com/moneromooo-monero/monero-wallet-generator. You can extract it on an USB, preferably a fresh one. It contains an HTML page that is used as generator and can be used offline. [2] You can grab MoneroMooo's PGP key from -> https://raw.githubusercontent.com/monero-project/bitmonero/master/utils/gpg_keys/moneromooo.asc. Subsequently, you can use any PGP/GPG program to verify if the generator hasn't been tampered with. The program simply verifies that the generator has been PGP signed by MoneroMooo. You should see a message similar to: I am not sure, but I think this step can also be performed offline. [3] Once you have verified the seed and have all the compartments on a fresh USB, you can bring the fresh USB to an offline/airgapped pc to generate a paperwallet with it. Does this answer all your questions? EDIT: Included a screenshot how [2] should look like: EDIT2: If you or anyone else needs additional help or a walk through regarding [2], feel free to PM me on IRC. I am at #monero on freenode. I'll compile a guide for it later.
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