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21  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: June 22, 2017, 01:28:18 AM
what's OCN?

22  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: June 21, 2017, 06:21:24 PM
Dash - A good coin, very professional community and a good business plan.

that's just wrong... have you been on the dash-subreddit, or in their slack channel... they're just echo-chambers... Dash has almost no community except their paid for fanboyz



Dash has a community, and bear in mind, the sign of the community is not how many trolls are writing online.
When it comes to professionalism, Dash is in the level of Corporation when you compare it to Monero which is in the level of boiz playing in the garage and tuning their four-wheels. The fact that they have a marketing department on its own is a sign it is like a solid business.
The fact that they are able to pay for a marketing is exactly the sign of professionalism and that they take seriously the user-adaption.

Every troll in this thread (except me) is an echo-chamber - just look at the amount of circle jerking taking place here when I am absent.  Roll Eyes

That speaks more to the quality of discussion on this forum. The community on reddit.com/r/Monero has been steadily growing with 100+ new subscribers per day on average. Lots of new users learning about Monero and asking questions.

Monero Stack Exchange is also growing rapidly:
https://area51.stackexchange.com/proposals/98617/monero
23  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: June 21, 2017, 12:04:10 PM
guys, i would like to sell some ETH and buy monero instead, but when i want to sent from parity to my poloniex account , my poloniex says its generating an adress but it does not give me an adress... it stays on " generating "

someone has the same problem? are there other ways to sell my ETH for monero ?

please help

I haven't had that problem but I also have not deposited ETH on Poloniex. You can also buy Monero at Kraken, Bitfinex, Shapeshift, TuxExchange, Bittrex, and maybe some others.
24  Alternate cryptocurrencies / Altcoin Discussion / Re: CryptoKingdom Uncensored on: June 19, 2017, 03:24:25 PM

From what date afterwards will be deposits refunded if the game will stop?
I deposited 100xmr during this crash.

I see that you deposited XMR (M3) and sold it for M. The M3 amount that exists in-game represents the balance of XMR deposited, so only M3 can be withdrawn for XMR.

Code:
452015	Buy	M3	2,496	Vigens (1092)	Ezra (1055)	ASK_110374	28.04.17 (08:18)	0	View
452013 Buy M3 2,500 Vigens (1092) Ezra (1055) ASK_110375 28.04.17 (08:18) 0 View
452011 Buy M3 2,500 Vigens (1092) Ezra (1055) ASK_110376 28.04.17 (08:18) 0 View
452009 Buy M3 2,500 Vigens (1092) Ezra (1055) ASK_110377 28.04.17 (08:18) 0 View
451765 Create M3 9,996 New (5) Vigens (1092) 28.04.17 (06:33) deposit

25  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: June 12, 2017, 01:36:46 AM

Using GUI, what's the procedure to create a cold wallet on an offline machine and subsequently set up its watch-only GUI counterpart on an online machine? I just wanna be sure that I don't screw up.



If you want to create an offline (i.e. cold) (paper) wallet, you can follow one of these guides:

https://www.reddit.com/r/Monero/comments/6b2od3/a_stepbystep_guide_for_cold_storage_and_offline/

https://www.reddit.com/r/Monero/comments/5limu9/taushet_usb_monero_cold_wallet_generator_release/

https://www.reddit.com/r/Monero/comments/48cgmd/an_extensive_guide_for_securely_generating_an/

If you want to use the GUI you likely need to make some tweaks to the guides, but those will be fairly trivial. In addition, if you get stuck somewhere and need help, feel free to PM me.

Thanks for the links. The concise procedure quoted by bitebits (from saddambitcoin) above seems to be fine though. The only hitch is that the GUI window does not scale properly within a netbook's (setting it up as the cold/offline device) 1024 x 600 screen resolution. The GUI window fills the screen but the "Advanced Options" buttons at the bottom are cut off and rendered inaccessible as the GUI window cannot be moved around nor does it allow scrolling (not able to sign a transaction file as a consequence). Has this been reported before? Any solution?  Is this something that can be fixed in future releases?



Sounds like one of those edge case bugs. Could you open a new issue on Github with your issue, system specifications, and exact operating system?

https://github.com/monero-project/monero-core/issues

Hopefully one of the GUI devs will fix it for a future release Smiley

Is it kosher for me to sign up and post over there? I thought GitHub is exclusively for coders/devs (brainy ones unlike me) only. That said, I still struggle in navigating and making sense of the site. Too complex for me and the techie sophistication is intimidating. I'm just a regular Joe, hence I'm here in BCT.



No coding knowledge needed, if you sign up for an account and click "New Issue" you'll be able to figure out the rest. The more detail you can provide about the problem the better, specifically what operating system are you on (osx/windows/linux).
26  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: June 10, 2017, 08:53:17 PM
Trying to restore an old wallet for a friend of of mine that neglected to ever update the daemon as updates were released.  The version of monerod is so old it used the original 24 word mnemonic seed instead of the 25 word seed.    have besides the 24 seed words.
So anyone know how to restore from such an old mnemonic ?

Wtf guys. I thought all I need to recover my wallet was the seed. I don't saved any keyfiles.
Will the mnemonic seed be obsolete in a few years ?


This was only a problem for really early Monero wallets. I think the bug was fixed in late 2014 so anything after that is good. Even if they didn't have the keyfile they could restore the wallet if they used the older version of monero-wallet-cli (simplewallet).
27  Economy / Goods / Re: [WTS] Librem 13 v1 laptop on: June 10, 2017, 08:45:55 PM
it's not worth it for the price your getting and the graphics specs are terrible, not even a dedicated nvidea or radeon is built in the laptop which is a shame  Roll Eyes

I'm open to offers if anyone is interested.

As far as the price:
https://puri.sm/faq/
Quote
Why is it so expensive?
Some users think the Librem is a very good value. Others think it is too expensive. This all depends on where you live, and what you are comparing the Librem to. If you compare the Librem, feature by feature, to other high end PCs, such as a high end Lenovo or a MacBook Pro it is priced comparably, or even lower priced. If you compare the Librem to installing GNU/Linux on a used 2008 Thinkpad, it’s expensive. As sales volume increases we will be able to obtain and source components at a lower price. Economies of scale will bring prices down in the future. The Librem is a solid, hand-built, very high quality, boutique “microbrewed” computer, assembled with care to your specifications in our facility in the USA.
28  Economy / Goods / [WTS] Librem 13 v1 laptop on: June 10, 2017, 05:08:48 PM
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA512

Librem 13 v1 for sale:
https://puri.sm/products/librem-13/ (NOTE: the specs listed on purism webiste are for the v2, please see below for specs of this model)

Asking $1400 in BTC or XMR. No escrow, you send first. Check my trust if you are worried. Smiley
Free domestic USPS priority shipping with insurance (and signature required) for USA. (Sorry, no international shipping).

Notable features:
- - Hardware kill switches for wifi/bluetooth and camera/microphone
- - only certified hardware for Qubes 3 (https://www.qubes-os.org/doc/hardware/#qubes-certified-laptops)
- - Coreboot ready but Purism has not yet distributed their port for v1

Specifications:

Screen: 13.3" 1920x1080p Matte IPS @ 60Hz
Chassis: Black anodized aluminum
GPU: Intel HD Graphics 5500
CPU: Intel Core i5-5200U CPU @ 2.20GHz
RAM: Crucial 16GB DDR3L-1600 (maxed out)
Storage: 512GB Samsung SSD 950 PRO M.2 NVMe (blazing fast!!!)

Extra Storage: None (SATA3 2.5" internal port)
External Monitor output: 1 HDMI port
Ports: Ethernet, 2 USB 3.0 Ports, 1 audio jack (mic/line out), SD card reader
Other: 720p 1.0 megapixel webcam, Intel HD Audio, Atheros 802.11n Wireless

AC Power adapter included.

Purchased new in September 2016 and used sparingly. Never even left the house with it. Only selling because I want the latest so I'm buying the v2.
-----BEGIN PGP SIGNATURE-----
Comment: GPGTools - https://gpgtools.org

iQIcBAEBCgAGBQJZPCbQAAoJEPoWgyyOQgbGNMQP/i25kVhm4ZUsy92thZJlGwbn
2OeJaRfblV7NqHTlCE+OwW0yxc6fra7HDuwAxEvcqyTV6Gv/woGIoC+8qtl54VIE
Hc9z6jFahBDhaLHmNnpp5GO2FfcmURsYe819v/TAu9eImEVMovxgtsGKYKuAfAU5
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Ihi8/PjLA853nnzpVMKeTsjSQwLWr5xmmL9lcdZbVq+UgOoCTQXJgKC/iC/K0QsC
REpxkCeyXoHC6BAyBvby
=BRve
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29  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: June 08, 2017, 01:42:14 AM
Full disclosure, I've never owned LTC, and except for a few Aeon I mined, XMR is the only coin I hold. I don't even hold BTC anymore. I've been a (happy) XMR bag holder for 3 years now  Smiley

Likewise (apart from the Aeon). Real Mustangs don't day trade.

I have made sales in 2016 and 2017, but the bag is still pretty heavy. Latest sale (first in a year) went through in the last 36 hours at my target price point of 52 USD. What a day - Drank Champagne last night in celebration and I'm still smiling. That's me done for a while. Next tentative sale point  - 150 USD.  Cool

Q

Quicken, I remember you from the ole trollbox (may it RIP).

I'm still accumulating but doesn't look like I'll ever hit that dolphin status man. I'm out of BTC and at $55 USD per coin, XMR its getting hard / expensive to accumulate.  Cry

P.S. You should do us less fish a favour by distributing more of your stack  Wink


Likewise antw081. Ah yes, the good ole days. Let's see, my first purchase was the sub 0.002 dip in early June 2014. It went ballistic up to 0.01 in 2 weeks after that, and then crashed back down before I'd decided to sell any. NOT a trader (though I did manage that sneaky 1:3 Boolberry trade). Then there was the memorable 'defend 0.004' campaign in July 2014 after the brief spike to 0.01. That didn't last long, LOL. Then two long, long years of grind. I was underwater but kept buying to improve my average buy price. Put in over half my life savings, which worked out eventually (phew). Called myself a Dolphin because I never reached six figures of XMR (damn those 2014 prices! ;-)).

Sold (in hindsight) an annoyingly large chuck of the stack on the up slope of late August 2016. Break even followed very quickly by healthy gain. Sigh of relief.

Cashed out over 15k yesterday (is that not enough?!) but still keeping a healthy five figures for the long haul.  Grin
Q

I started buying the same time as you but I have a problem, I only like to see my Monero balance go UP.
30  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: June 06, 2017, 02:39:59 AM
I took advantage of the little price surges today to sell a few XMR stuck on Polo and then withdraw the BTC to buy XMR at Kraken and Bitfinex. Both exchanges processed smooth XMR withdrawals.

Kraken requires 6 confirmations for BTC, Bitfinex only needs 3.

XMR withdrawal fee is 0.05 on Kraken, Bitfinex is 0.01.

Based on that I will probably use Bitfinex for quick XMR trades, it is more convenient and cheaper to withdraw.
31  Alternate cryptocurrencies / Altcoin Discussion / Re: CryptoKingdom Uncensored on: May 26, 2017, 09:21:30 PM
I got access to some BTC. What is the fairiest way to distribute them to creditors? I personally think that creating a CON item and transmutate all the existing debts to CON. Then buy back at market, every time I pay the debt associated.

What does that red message mean at the bottom? My guess is they want a more detailed [fuck=1] photo, since the passport details are not very visible in what was provided.
32  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: May 21, 2017, 02:40:05 AM
OK, ELI5. How does the candle go green so tall then fall so red? Break it down for me. (I understand general stuff but how/who makes it happen so quickly?)

One thing I've noticed over the past month is these big spikes usually go back to where they started from. Like a few weeks ago when the price went from 0.019 to 0.022 in a matter of minutes, stayed there for a few hours and then dumped right back to where it was.

My guess is one of the Polo pumpers notices that the price has been fairly stable or maybe has a part in accumulating some, then tries to orchestrate a big move hoping that others will follow. They sell off some coins for a profit then dump it back down to where they started from. It happens quickly because they don't want someone else to beat them at their little game.

33  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: May 19, 2017, 02:58:48 PM
WTS(OTC): 57,000 XMR for EUR/E1/USD/BTC/whatever.

I am about to pay some debts(, und keine Intention die Preise in dem Prozess zu zerstören..).

I read PM daily, usually about 6-9 pm UTC+2.

I suspect that many of your creditors would accept XMR at the market rate for debt repayment. I cannot speak for the other creditors but I certainly would. So there is no need "die Preise in dem Prozess zu zerstören".

Edit: Not only does this eliminate the need for escrow, it also eliminates risks associated with Bitcoin transactions not confirming due to the fixed 1 MB blocksize limit in Bitcoin.

That would put a godly dent in the buy book at Polo. Why not just go short and crash it?

We can make game of it. Smiley

So he make another video? https://www.youtube.com/watch?v=RHg8qIKJo1I



I hope he went short first.

Margin didn't exist at the time on Poloniex.
34  Economy / Scam Accusations / Re: [Warning] Purse.io is a scam on: May 16, 2017, 02:40:47 AM
I've had nothing but good help with purse.io, including Eduardo. One time I ordered something and I had to return it, but the earner was pulling a scam by contacting Amazon and saying that I never received the gift (so they could get the refund). Eduardo helped out by putting the coins back into escrow until the situation was resolved.
35  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: May 15, 2017, 05:54:51 PM
I have not experienced any problems with poloniex since I have not recently done any withdraw.

Anyway now it looks like Poloniex has temporarily disabled NEM deposits and withdrawals. It is written on the balances, deposits & withdrawals site, not on  alerts & notices site. No reasons are given. Has anyone else experienced this?

Usually I've seen it done when they are doing some maintenance on the wallet (for any coin), and that's normal for them not to issue an alert/notice. You should be able to get some info from a trollbox moderator.
36  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: May 11, 2017, 01:45:44 PM
Madisontrust.com is the web site of the custodian of record for Broad Financial.  I used them.  Constructing an operating agreement for the LLC is a bit...levered.  it is probably worth paying for advice on that, if you can.

If your crypto is in a Roth you can't use it, but you can borrow cash from the account, and pay yourself back with interest, potentially on a rather long-term plan. Again, the subtlet is suggest legal advice is warranted.  After age 59.5 there are no limits on withdrawals.  Inheritance can be complicated, so consult a professional about that, too.  (Or at least give seed words to your inheritors or executors, so they can dominate any arguments.)


This sounds very interesting. It looks like it's not allowed to sell assets that you own directly to the IRA LLC. Otherwise you could just create one of these, sell your personal crypto to the LLC at the same price you bought it, then have zero capital gains taxes. Definitely seems good to set one up for future purchases though.
37  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: May 10, 2017, 01:11:08 PM
Inheritance can be complicated, so consult a professional about that, too.  (Or at least give seed words to your inheritors or executors, so they can dominate any arguments.)

This is a good point. When XMR is one day worth $100, $500 or $1000 USD in the years to come. You gonna maybe want to let someone know how to access that juicy XMR wallet(s) just in case you die suddenly (car accident, heart attack etc).

Who to trust the keys to your wallet? I would prefer no one knows until I am actually dead.

Sorry, a bit off-topic I realised.

That is what estate lawyers are for. You can leave the keys to the wallet(s) to someone that do not get to see them until you are actually dead. The legal firm must be trustworthy and, beleive it or not, most are.

One thing you could do is:

1. Use https://xmr.llcoins.net/ to create an encrypted mnemonic seed.
2. Protect your seed as you normally do (safe place, multiple backups, cryptosteel, etc).
3. Give your passphrase to the lawyer (or give instructions on where it can be found), so they can provide this to your beneficiaries when you die.

That way, you control the mnemonic when you are alive, and nobody else has access to the actual seed but you.

edit:

4. Put luigi1111 in your will so that he gets some money when your family asks him how the heck to access the Monero.
38  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: May 09, 2017, 02:50:26 PM
I wouldn't. Of course, in my country cryptocurrency profits are for free because the high court of the EU declared cryptos as a currency (if you go on holidays outside of the eurozone, you don't pay taxes either for the foreign fiat currency you buy right?)
If the situation is different in your country, I'd argue that they aren't realized profits yet until you convert to fiat? You could still lose it all (from their perspective) so would be useless to pay taxes on income you never realized right?
But I'm not a lawyer.

In the US this is kind of a grey area. The question is whether exchanging one crypto for another is a "like kind" transaction. If you sell one pasture and buy another that is considered a like kind transaction and you don't have to pay taxes, you just carry the basis forward. But if you sell one stock and buy another that is specifically not considered like kind and you have to pay taxes.

The IRS hasn't ruled on crypto as like kind or not, but most people who have looked into it, including myself, think it's not. So if you sell appreciated Bitcoin to buy Monero you have to pay taxes on your gain in Bitcoin.  Even if you decide to claim like kind on crypto transactions you have to report the transaction to the IRS, so they will know who to come after when they finally make a ruling.

The one thing you do not want to do is fail to declare your crypto transactions to the IRS. They WILL find you.
So what are you going to do when you buy a few ripple and it skyrockets and it hits your limit sell order and immediately back through your buy order a bit lower but a bit later your stop loss market order is hit and you divide some between stellar and convert some to XMR. And a bit later you cash out of stellar and buy something. And each time you change crypto you have to go through BTC first. And that was in 3 minutes

How the hell do you fill that in your tax declaration?

calculate your gains/losses with this https://bitcoin.tax/

then simply report a capital gain or loss on your taxes.
39  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: May 06, 2017, 01:18:55 PM
Good question. There is no hardware wallet for Monero yet. If you want to use the GUI just use a strong password and set up by the guide here. It would be great if there were a way to do cold storage with two computers like we used to do with Armory before Trezor came out.

It is already possible to do cold storage signing of transactions with monero-wallet-cli AND the new GUI beta 2. However this is a new feature and there is little to no documentation on how to do so, apart from some guides on monero stackexchange. I'll see if I can put a quick guide together over the weekend (for GUI. anyone motivated enough to use cli these days should be able to figure it out).

Hey thanks! That would be great. I have been playing around with the GUI beta 2 and have not been able to figure out the right procedure for cold storage.

Here you go.

https://bitcointalk.org/index.php?topic=583449.msg18896526#msg18896526
40  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: May 06, 2017, 01:18:05 PM
Quick Guide to Creating a View Only Wallet & Signing Transactions from Cold Storage in monero-wallet-gui:

Initial Setup

1. (Offline Computer) Start monero-wallet-gui and create a new wallet. Next, go to Settings and click "Create view only wallet" in the "Manage Wallet" menu.

2. (Offline Computer) Copy the view only wallet files to a USB or other storage medium so you can transfer them to your online computer.

3. (Online Computer) Start monero-wallet-gui and select "Open wallet from a file". Select the .keys file for your view only wallet. Let the wallet synchronize.

Making a Transaction

1. (Online Computer) Prepare a transaction in "Send" as you would normally. When the transaction is ready, click the "Show advanced options" checkbox and then click the button "create tx file". Copy the tx file to your USB.

2. (Offline Computer) Open your cold wallet. In the "Send" panel, click "Sign tx file", and select the file that you copied from your USB.

3. (Offline Computer) "Sign tx file" creates two files. One is the signed transaction, the other is your key images. Copy both to the USB and take it over to your online computer.

4. (Online Computer) Now in "Send", click "Submit tx file". Select the signed tx file you copied from the USB. Make sure the keyImages file is also the same directory as the signed tx file.

5. (Online Computer) Your transaction is broadcast and the view-only wallet shows your correct balance. Wow!
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