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2621  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 08, 2015, 03:35:07 PM
Chart buddy is a service to update the thread on BTC only.

As far as my posts it is all manual. In 2-3 weeks things will have changed and people would have gotten accustom to the new trend.

Make sure you make a separate account for it, because - and no offence - I'm going to have to put you on ignore if you're posting that scrollathon on every page.

The 'scrollathon' seems only to ensue when there are no other posts. Otherwise it is dispersed through the page(s) rather than edit/added.  A dedicated account would be good for those that are generally uninterested in the charts, but don't choose to ignore a solid contributor.  That last one had me saying WTF?!   Shocked Cheesy
2622  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: February 08, 2015, 12:56:09 PM
What are the odds that this greek situation would start a bitcoin rally?

   Kind of like Cyprus.  If the timing is coincidental to a major rally, who's to say what comes first?  Either will boost the other, I think.  BTC gets major press as the EUR tanks, or EUR tanks as BTC takes off.  2015 is going to be a boiling year of change, any way you look at it. 
2623  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: February 08, 2015, 12:51:08 PM

 Cheesy

It really is.  ITs a lose - lose situation.  Grexit = start of the disintegration of EZ.  Debt forgiveness = disintegration of EUR.  Either way, shit hits the fan.  And the 80's Hair Bands play on  Grin
2624  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2015, 11:01:30 PM
Friend on Wall Street says pump to ~250 today or tomorrow.
Then it will drop to around 230 and stick there for a bit.
My neighbor says the great rally of 2015 will push bitcoin to $700.

The rally won't even START until 700. 
2625  Alternate cryptocurrencies / Altcoin Discussion / Re: -> Monero Community Hall of Fame <- on: February 06, 2015, 06:49:03 AM
And explorer has joined the ranks of those with bags of gold...

104xmr noted.

TX ID
4b7ae9136071f6cd3ada91ecbc2be31f257ff78b1dba761c42d0c69208c850d6

I believe I was promised 'coins of gold'.  Are they in the bags?  What type of coins are these, anyway?  I may have been duped!
2626  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: February 05, 2015, 07:08:59 PM
I wrote yesterday a long reply regarding the GUI wallet on Reddit:
http://www.reddit.com/r/Monero/comments/2uqsl6/why_is_the_official_gui_wallet_not_released_yet/

Quote
This is a recurring question, from long-time holders and newcomers alike.

There is a misunderstanding here and we have to confess we have not been performing very well at dispelling it.

Truth is we are not trying to merely create a GUI, as in a GUI wrapper. Fact is these simple wrappers already exist (Jojatekok's Windows GUI, Neozaru's Qt GUI, jwinterm's lightWallet and we could probably use Bitcoin wallet too).

What we are building is more than a wrapper, it is a full-fledged scalable GUI software. And scalable is the hard part, not GUI - remember, scalability is one of the three pillars of Monero.

What is scalable?
  • Mnemonic seed for increased security (why).
  • Low RAM footprint ("the DB", presently Symas Lightning MDB but later a lot others, since we built a database API).
  • e-commerce prerequisites, notably for payment processors.
  • Low bandwith footprint (a framework for SPV, like Electrum). The remote node provides a similar experience in that one doesn't have to download the whole blockchain, but this is where the similarities end and SPV would be lighter than a remote node.
  • Much better understood (thus secure) and refactored code. This is behind-the-scene stuff and not sexy, but when it comes to securing your money, this matters. The Monero Protocol is sound, but we are not that comfortable with the source code we inherited in April (and improved since then). Note: we are pretty demanding on security, so when we say that "we are not that comfortable", this means the security is already high, just not high enough Smiley
  • Gitian binaries
  • Various mainstream users niceties, such as an address book, an easy way to do bookeeping (including easily report to tax offices, because Monero is not meant just for l33t haX0r, but for everyone, including legal persons like corporations, NGO, political parties...)
  • Viewkey for optional transparency (see fluffy quote on Three Pilllars)
  • Have a solid foundation for easy improvements later on (like third-parties improvements). Because once the (scalable) GUI wallet will be there, we expect things to accelerate - and we rather be ready for the acceleration. Fasten your seatbelt, Dorothy.
Why is scalable important?
Because it is one of the three pillars Smiley

More seriously, because once the official GUI wallet will be there, visibility will increase a lot. Which means more users who know nothing about Monero and later not even about cryptocurrencies. These people won't give a second thought. One does only one first impression. It must be the right one. Hence the necessity for a wallet than can handle the load. Be scalable, not that much on a technical standpoint than on a, say, "political" standpoint.

We hope we answered your questions and, as always, don't hesitate to provide feedback. We'll do our best to make this even more clear if necessary.

This post was first published, in a slightly different version, as an answer to a commenter. Continue commenting, this is a great way to encourage us to write extensive replies!

Oh, one more thing: we do not have any release date for the GUI wallet, not even tentative. The only thing we can say is that the GUI wallet requires the database to be operational - and the database is progressing very well.

Update: some screenshots of the wallet some months ago:
Thank you for this.

Donation incoming.
2627  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 04, 2015, 10:55:35 PM
http://news.google.com/news/more?ncl=d0PSU5pV2_ZAsdMrLzEJl5U7zHZfM&authuser=0&ned=us&topic=n

Over 300 articles about Silk Road, within an hour. Here comes the next rally.

Why would there be a rally because of this?...
I don't care what you print about me just spell my name right.
2628  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: February 01, 2015, 08:29:26 PM
All my recent transfers from my wallets cost me less than a fiat penny.





I will repeat. IMO Monero fees are extremely high, lets look:

Average XMR transaction: http://chainradar.com/xmr/transaction/bb902735207abdee5c8549133e9b0083e289813443b1be472ccba5acec3e49d0
Fee = 0.1 XMR

https://www.cryptonator.com/rates/XMR-USD/0.1

With current XMR rate fee = 0.02986642, almost 3 penny, man

My fees have been 0.03xmr.  You must be doing it wrong.
2629  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero Support on: January 28, 2015, 10:54:30 PM
I get the following error on bitmonero wallet v0.8.8.6-release

Error: not enough outputs for specified mixin_count = 4:
output amount = 0.024590360000, fount outputs to mix = 1

The transaction will go through with a mixin of 1 but not with a mixin of 4. It has happened for my last two transactions so I suspect a wallet issue, may be related to mixing change transactions.

When the fee was 0.1, we also had the dust threshold set to 0.1 which meant anything <0.1 was not broken down into denominations. These undenominated amounts tend to be unique and they can't be mixed. The current threshold is 0.01, so it happens only with smaller amounts. In the future I think it will be 0.

One workaround is to try the transaction a few times. There is some randomization in which outputs the wallet uses for a spend transaction. If it doesn't pick those odd outputs, the problem doesn't occur.

A longer term solution is to create a new wallet, or do a one-time unmixed spend of the entire current balance (which clears out the wallet off all old outputs, effectively making it new again). That will link those amounts together on the blockchain but future spends will be mixable so the trail is broken.



Somewhat related:  If I want to move thousands of XMR, would it make future spends simpler if it is done in smaller chunks now?
2630  Economy / Securities / Re: AMHash1: Cost-Effective Mining Contract on: January 28, 2015, 06:03:55 AM
I think itīs still bearish. That latest bottom was on huge, well huge as compared to the usual anemic BTC volume and that is bearish. Havenīt seen any real capitulation yet. Remember the long and slow grinding down after the initially promising Nov. rally:



Sure hope thatīs not going to repeat from here.

Bear in mind that much of bear market rallies is typically carried by shorts covering temporarily before the next leg down.

Let me get this straight:  You think the bottom had too much volume to be capitulation.  How would you describe capitulation?
2631  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 24, 2015, 05:54:02 AM
Did Bitcoin turn cool since the forum came back online? Gimme sum dem

Disk failure gave Theymos the chance to hit the "party on" button on the back of the server.

Damn, all this time, it was just that the switch was off.
2632  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 24, 2015, 03:58:12 AM
Wonder how long 230 will hold..

and I wonder how long will 260 resist

Next week?

It would be fitting if things start to roll in February, in order to make historic use of early April. Say 500 mid Feb, and 10k In April?   Wink   
2633  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 24, 2015, 03:26:23 AM
Probable troll pump video from AdamGuerbez here:
https://www.youtube.com/watch?v=WBsxLMCA8R8&feature=youtu.be&a


Looks like Uber is having a slow day Smiley

Haha.  Fat troll taxi driver.  Trolling for fares  Grin
2634  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 24, 2015, 01:17:44 AM
Well, I'm bullish, as well. But we could really go either way from here. We may be in for a big bear trap, as well. Going down to re-test $150 is a definite possibility now, but we could be at $400 and counting in a matter of weeks, as well. Could really go either way...

And how will it be determined in which way we will go ?

I will decide soon, and convey my decision to the masses here, in this thread.  Wait for it...
2635  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2015, 08:34:14 AM
trollpost

FYI, nobody gives a shit about your posts. lmfao

The irony.   Cheesy
2636  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: January 23, 2015, 06:21:30 AM
I blacked out, what the hell happened!

The block size issue was resolved and implemented seamlessly.  It was boring, don't worry.
2637  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: January 21, 2015, 07:04:41 PM
Ironically the current bear market in Bitcoin is giving the Monero project much needed time for the database development. For this reason a bear market in Bitcoin until the database in completed suites me just fine.

I've had the same thoughts exactly. If bitcoin were booming now with 100 million users, and XMR were still in the alpha stages, then XMR would be getting seriously left behind. In addition, the emission is high right now, so it would be difficult for XMR to maintain a high value over time even if XMR were initially pulled up by bitcoin's boom. Thus, the situation now is perfect.
Yep.  A reprieve that I may continue to accumulate.   All is well.
2638  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: January 21, 2015, 06:05:23 PM
Am can't just unplug gen 2 and replace with new chips though. AmHash owners still own shares until the mining OP is unprofitable which may be some time. I wonder how AM will handle this because it would be a shame to waste 5MW on gen 2 hardware but they can't just give AM hash owners gen 3 hardware for free.

AMHash owners are getting paid based on formula.
Hardware can be replaced, formula calculating the divs stays the same, and operating costs stay as stated in the contract.


You're right, new hardware would be free for AMHash owners, but AM can then get over half of that 5MW power for additional new mining hardware.

Also, probability that AMHASH contracts expire before next deployment is likely high.  What would a reasonable expectation be for the next 4 diff adjustments?  If they are up, that should clear AMhash contracts.
2639  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: January 20, 2015, 08:35:15 AM
just wait

The sad thing is that at first glance I don't know if your post was from yesterday or from August.

Very much like last January, aside from the dust dividends at that time.  Waiting, Expectant.  Maybe it works out better this time.
2640  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: January 18, 2015, 11:27:22 PM
Has this thread become a face-off between the last two posters? Seems like some animosity building up and I'm not even sure why as I haven't been following too closely over the weeks and months, only recently and this is what I noticed. Huh

This is where cypherdoc fights his battles.  Others come here to challenge  Tongue 
Topics vary,  but generally more interesting that the Wall Observer, due to higher overall intelligence of posters.
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