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2061  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: WARNING: Remove your funds from Yobit.net before May 1st! on: April 23, 2016, 01:38:11 AM
This might happen, it might not.  Nobody really saw Crypsty falling to pieces as it did, maybe Yobit will.be hanging around longer than the rest, they must make a good bit when adding every single coin taking advantage of the early pump and dumpers.

Actually there was a clue: About 18 months before Cryptsy crashed, it increased the fee to withdraw BTC from, 0.0001BTC to 0.001BTC. A 10% increase that wasn't required by the network. Then they added a 0.5% fee on top in the two months before they closed.

The only other place I've seen that happen was on Vircurex, which did the same thing (increased fees to withdraw), and then about six months later, they announced they were hacked and froze accounts.

So that's the tell: exchanges trying to make it expensive to withdraw.

Agree 100%. I never left much on cryptsy but when they added that fee I'm made sure I had literally zero on there.

Same with MtGox BTW. When the problems started and were blamed on all sorts of excuses, I got all my coins out. It cost me money in lost profits from trading, but i lost nothing from MtGox failing.

2062  Alternate cryptocurrencies / Altcoin Discussion / Re: BTC Halving Failure with Market Price below $900 US$ on: April 23, 2016, 01:36:40 AM
So for them to break even with their current profit margin, BTC Price of $450 has to literally Double to $900 within days of the halving.

That assumes they are breaking even before, which is very likely false.
2063  Alternate cryptocurrencies / Altcoin Discussion / Re: The impact of bad crypto (DASH, SDC, etc). How much does math matter? on: April 23, 2016, 01:29:31 AM
These types of attacks where someone comes and buys all the coins are too theoretical for my preference.

All of the coins are not even needed for many masternode attacks. That was the point of the "incorrect high school math" discussion. In many cases the number required is far lower than "all". It is analogous to hash rate attacks which can be done with <50% hash rate, except that in the hash rate case, there is a cost when the attack doesn't succeed. In the masternode case that cost doesn't exist, because a node that is a laying-in-wait attacker is being rewarded at the same rate as any other node.

Also, I would guess a large part of the reason you dismiss these sorts of attacks is a false inference from the word "attack" as something that needs to be done on demand (i.e. go buy up all the coins quickly on an exchange -- which will obviously fail). A better way to phrase it may be "failed incentives", which can also occur over an extended period. For example, in PoW, mining becoming extremely concentrated is not an active attack (where you go and buy up all the hash rate quickly), it is something that may very well happen (and arguably has happened, at least to some extent) over time that still very much undermines the security assumptions of the system.
2064  Alternate cryptocurrencies / Altcoin Discussion / Re: The impact of bad crypto (DASH, SDC, etc). How much does math matter? on: April 23, 2016, 12:49:32 AM
Cost for the attacker: Millions of USD to buy masternodes

There is no such cost, since nothing is consumed. You still have the masternodes when you are done. If done as a malicious attack that reduces the value of the token, an attacker would have already stripped his exposure from his stake and resold it via derivatives. If merely done for spying purposes then you can continue to both spy and collect masternode rewards. This will outcompete honest masternodes over time since spying has economic value.

Yeah, well, if you want it that way, buying the monero supply to sybil all the mixins (a la BCN-83% "their mixin is insecure"), would also be a feasible economic attack. So XMR = REKT by the "theoretical" buyer of most coins  Cry Cry Cry

Unlike masternode ownership that continues to pay rewards, that can't work without an ongoing cost post MRL-0004, given the math in MRL-0001 (not necessary to follow the math -- the chart showing the 'burnout' effect is good enough). Even Bytecoin could fix this eventually if they implemented a minimum mixing, although it would take quite a while for 82% premine to burn out.

2065  Alternate cryptocurrencies / Altcoin Discussion / Re: The impact of bad crypto (DASH, SDC, etc). How much does math matter? on: April 23, 2016, 12:34:57 AM
Cost for the attacker: Millions of USD to buy masternodes

There is no such cost, since nothing is consumed. You still have the masternodes when you are done. If done as a malicious attack that reduces the value of the token, an attacker would have already stripped his exposure from his stake and resold it via derivatives. If merely done for spying purposes then you can continue to both spy and collect masternode rewards. This will outcompete honest masternodes over time since spying has economic value.
2066  Alternate cryptocurrencies / Altcoin Discussion / Re: The impact of bad crypto (DASH, SDC etc). How much does math matter? on: April 23, 2016, 12:26:48 AM
XMR / Monero broken crypto:

I think chainradar are using all the 0 mixin transactions from exchanges and pools in order to guess - the things in https://lab.getmonero.org/pubs/MRL-0004.pdf. I tried some transactions with mixing 7 and 5 between my wallets and they are successfully guessing most of them. This issue is already addressed in the MRL-0004 and we knew that, but it's scary seeing it in chainradar. Everybody should stop using mixing of 0 until this is enforced in the protocol - including pools and exchanges. I suppose some mixings between your own wallets with high mixing should resolve the issue for now. Trollfest incoming Sad.

Cry Cry Cry

This was debunked both by fluffypony writing a program to analyze it (and showing the deanonymizing "results" obviously wrong) and later a reply from chainrader stating that it was just a bug in their web site showing wrong data and not even an attempt at deanonymizing at all. FUD/panic, in other words.
2067  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: WARNING: Remove your funds from Yobit.net before May 1st! on: April 22, 2016, 09:58:14 AM
Do you have evidence to support your claim. If not, then it is just a fud. We will ignore any kinds of fud.

He probably doesn't but you would be well served to assume that any exchange will either run off with your money or be hacked and lose it (and not infrequently the former while claiming the latter).
2068  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: April 22, 2016, 07:11:14 AM
If I recall the pool list on the OP was supposed to be a list of some recommended pools for new users to get started, not a comprehensive guide. Recommended pools meaning those that don't have a high share of the network, have a good reputation, reasonable fees, donate to support the project, etc.

Having a complete list doesn't really help the project or the coin. New users just need a way to get on one reasonable pool if they want to pool mine. Of course if someone wants to maintain a comprehensive pool list that is perfectly okay too, but it isn't necessary.

So, I wouldn't consider a pool not being in the OP as "missing".



Well, based on the #monero-pools topic saying
Quote
ONLY USE THE POOLS LISTED IN THE ANN-THREAD https://bitcointalk.org/index.php?topic=583449.0


That also looks like a good recommendation to me.

Quote
I would think anyone with a pool would like it listed, or maybe that should be changed?

Why does this matter? I would consider the interests of the project and network to take precedence over those of "anyone with a pool". The list of "missing" pools to which I was replying included one suspected of being a botnet (and also suspected of fake stats), one very large pool, one with suspicious affiliations and one which does not donate anything to support the software (pool software or core software). Why should any of those be listed regardless of what their operators "would like"?

Sorry, just felt like I was making waves with my request, so stated why I was asking.

There was nothing wrong with your request at all, and in fact your pool was added already. I was replying to the comment about "missing" pools, that's all.
2069  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero Support on: April 22, 2016, 05:23:34 AM
Been having a few issues with installing 0.9.4. I got the following message about UNBOUND_LIBRARIES variable not being set.

Quote
CMake Error: The following variables are used in this project, but they are set to NOTFOUND.
Please set them or make sure they are set and tested correctly in the CMake files:
UNBOUND_LIBRARIES
    linked by target "unit_tests" in directory /home/viewkey/bitmonero/tests/unit_tests

-- Configuring incomplete, errors occurred!
See also "/home/viewkey/bitmonero/build/release/CMakeFiles/CMakeOutput.log".
See also "/home/viewkey/bitmonero/build/release/CMakeFiles/CMakeError.log".
make: *** [release-all] Error 1


There were some other issues during the make/install and those appeared to have been resolved after doing some searching. I haven't found anything regarding this issue.

I presume I shouldn't be touching the make file at all.

Any ideas?

Are you installing 0.9.4 or are you compiling the head source code from git? 0.9.4 just requires downloading binaries and using them.
Compiling..

Maybe try compiling 0.9.4 itself rather than possibly-unstable changes after that

git checkout v0.9.4
make clean (this will wipe out the 'build' subdirectory; make sure you don't have any wallets in there)
make
2070  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: April 22, 2016, 05:10:15 AM
If I recall the pool list on the OP was supposed to be a list of some recommended pools for new users to get started, not a comprehensive guide. Recommended pools meaning those that don't have a high share of the network, have a good reputation, reasonable fees, donate to support the project, etc.

Having a complete list doesn't really help the project or the coin. New users just need a way to get on one reasonable pool if they want to pool mine. Of course if someone wants to maintain a comprehensive pool list that is perfectly okay too, but it isn't necessary.

So, I wouldn't consider a pool not being in the OP as "missing".



Well, based on the #monero-pools topic saying
Quote
ONLY USE THE POOLS LISTED IN THE ANN-THREAD https://bitcointalk.org/index.php?topic=583449.0


That also looks like a good recommendation to me.

Quote
I would think anyone with a pool would like it listed, or maybe that should be changed?

Why does this matter? I would consider the interests of the project and network to take precedence over those of "anyone with a pool". The list of "missing" pools to which I was replying included one suspected of being a botnet (and also suspected of fake stats), one very large pool, one with suspicious affiliations and one which does not donate anything to support the software (pool software or core software). Why should any of those be listed regardless of what their operators "would like"?
2071  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: April 21, 2016, 11:58:03 PM
Agree with what jwinterm said.
2072  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AEON 2nd gen cryptonote, anon, mobile-friendly, scalable, pruning on: April 21, 2016, 11:55:10 PM
Thanks Arux its working now. I am going to want to also mine from another pc in my house so what would i use for tje ip/web address to connect to it?

You would need to use the inside address (usually starts with 192.168.x.x:port) of the system running the pool instance, and also make sure the mining ports aren't blocked by any sort of firewall:

Quote
3333 5555 7777 8888 (mining)
2073  Alternate cryptocurrencies / Altcoin Discussion / Re: So? Why does it matter actually?! on: April 21, 2016, 11:44:36 PM
You know I actually cared enough to read your diatribe on the first page Monero cripple-scam-botnet-miner smooth but I still have one question:

Why does the bugged fastmine matter? I mean you eloquently titled your thread with an indirect question and yet here we are: You haven't answered it.

Why DOES it matter? Explain. Because after 20 pages of piling bullshit upon bullshit you failed to do so.

Because the evidence shows a high probability of deceptive, misleading, and manipulative statements and actions by the insiders, and on top of that, those same insiders are still involved with running the coin now (including enormous holdings that give them effective control over both the market and the faux-decentralized masternode voting). So anyone getting involved with investing in this coin should know who they are trading against and how those very same people have acted in the past in order to gain an unfair advantage for themselves.

Expect to be left holding the bag someday IMO unless you are extremely good, extremely lucky, or you are an insider. The markets are open to anyone though, so make your own decisions.

2074  Alternate cryptocurrencies / Altcoin Discussion / Re: The bottom will drop out of the alt market soon on: April 21, 2016, 05:04:31 AM
Anonymint, I don't know how you can fall into the beginner trap of saying the halving is "priced in".

Obvious he is at least semi-trolling you.

2075  Alternate cryptocurrencies / Altcoin Discussion / Re: IOTA - Permissioned ledger Russian extortion scheme on: April 21, 2016, 04:58:47 AM
Did the original r0ach sell his account?

Pseudo-r0ach what's your take on the thread-locking? Looks highly suspicious, maybe a Russian spin-off of the 'Ndrangheta?

Cryptocurrency would be pretty boring without the Russians.  Every pool I've ever seen where some clown is trying to fake shares to steal coins from miners, the IP addresses always trace back to Russia.

Is that a hidden confession?

You think I sold my account?  Somebody like Smooth

Yes, I am in charge of all account selling around here, and if I say it didn't happen, it didn't happen.
2076  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: April 20, 2016, 10:42:18 PM
Is it really risky to loan XMR (or other cryptocurrencies) ? how likely is it that someone won't pay you back?

If you have no collateral and you are giving out a personal loan it is very likely not to get your money back.
However, if you have collateral you significiantly lower the risk of default. Yes you might have some risk (like the collateral is not good enough in case of forced liquidation) or the service operator will go to bankcrupt (like Gox did with btc).

How does it work with the collateral in Poloniex ? is it possible to have one but get a lower interest rate (I don't have account there and lending would be the only reason)? thanks for the help.

https://poloniex.com/support/aboutMarginTrading/

Thank you for that.

I had a look and I am now checking the loan markets, which has hardly demand for all the coins present. Is this normal or I checked at the wrong time?

Various enormously depending on market conditions.
2077  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vcash (former Vanillacoin) unmoderated discussion on: April 20, 2016, 08:18:06 PM
XMR dev creates an unmoderated thread about another coin...

XMR shills pile in to prove how shitty bitcointalk has become..

There are already other unmoderated forums that aren't on bitcointalk, and although I would rather discuss things here, you guys really show me why it has moved.


I mean really doesn't the XMR shill army have enough places for them to wag their tongues by now... 

Oh well that's my rant, from now on I'll just come in to add weekly updates.  Have fun running an XMR thread about XVC.




the question is why they created an unmoderated thread about Vcash?

For unmoderated discussion. Enjoy.


there are other unmoderated places to discuss Vcash,

I'm not aware of any, but in any case, now there is one more.
2078  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vcash (former Vanillacoin) unmoderated discussion on: April 20, 2016, 06:49:32 AM
XMR dev creates an unmoderated thread about another coin...

XMR shills pile in to prove how shitty bitcointalk has become..

There are already other unmoderated forums that aren't on bitcointalk, and although I would rather discuss things here, you guys really show me why it has moved.


I mean really doesn't the XMR shill army have enough places for them to wag their tongues by now... 

Oh well that's my rant, from now on I'll just come in to add weekly updates.  Have fun running an XMR thread about XVC.




the question is why they created an unmoderated thread about Vcash?

For unmoderated discussion. Enjoy.
2079  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: April 20, 2016, 12:56:48 AM
It goes up to 2% per day on occasion. Even higher on very, very rare occasion.

So it is like an old-fashioned call-money market. Thanks.

Almost exactly, but not callable by the lender. Repayable early by the borrower.
2080  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: April 20, 2016, 12:54:36 AM
....Place your bets!

This is absolutely true.  I've thought the exact same thing about my own paltry holdings.  It's just such a thin market.

Actually, I'm getting seriously interested in (finally) buying some XMR to loan out on Polo's Loan Market.

Excited about 2% per year?

That's as high as it goes? I've been getting lots of loans at >0.03% daily with Factom, Ethereum and the big BTC. Are Monero's rates that much lower than those?

It goes up to 2% per day on occasion. Even higher on very, very rare occasion.
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