With current emission the daily coins costs only a few thousands of dollars (around 7 000 usd - I know pathetic)).
It is funny the markets are not able to rise to higher level.
There need to be some incentive to actually hold and buy Moneros.
Many people do not download source code and compile themselves. So they are pricing based on binaries that are over 8 months old. Certainly agree, not everyone is following it as closely as we do. Meanwhile, another huge pull request just came in -> https://github.com/monero-project/bitmonero/pull/393 |
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Orderbook looks like shit..no support!
maybe if we paint a double bottom though
The manipulative character of the ask side is visible all the way here..  I would not be too scared of the weak bid side, it's proven many times that you can sell XMR low, but buying it low is a more difficult thing to do  true...orderbook can sometimes be a contrary indicator Orderbook is designed to fool/trick people. I had an interesting discussion with TrueCryptonaire about it earlier, see below: I would not be worried even if we go lower than the lower bound of the trendline. Especially if we stay above the previous lows, we still are able to maintain a bull market but then it is simply slower than our current channel suggests. I do not mind these dumps, I hope there will be more like this. ETH looks so strong that it is unlikely it will fail. There are simply too many btc in bids - however I doubt the buyers are the smartest people as they market buys 10-30 btc at one shoot driving the price up and making the lending market dry as Sahara and TrueCryptonaire is happy with almost 2 % daily interest payments. Bids can easily be removed and asks can easily be added. A rational trader shouldn't really look at the orderbook, because it's the #1 instrument to fool people.While I agree the orderbook is the cheapest way to fool people with pulling off bids/asks, I disagree with the fact that a rational investor shouldn't look at them. There are at least two reasons why a rational investor should look at the orderbooks. 1) Game theoretic approach. If there are at least some "fools" who are getting fooled by the orderbooks, their actions make it smart to observe the orderbook. 2) The bids and asks are real - you can anytime make a sharp move and buy/sell into the asks/bids and then even the most fake wall becomes a real wall. Therefore holding fake orders is risky business as they get sometimes filled. I admit you brought up some solid arguments here and thus I revise my statement. In addition I would like to add that most of the fake bids/asks are often put up far away from the market, which makes them influenceable but quite difficult to buy/sell into. |
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Reading MA's blog, I'm learning something new or at least a new perspective everyday.
+1. Furthermore, he was spot on again with his 3 day bounce of the Dow Jones. I missed that prognosis from him. Where did he say that? It was in one of his blog posts, don't know precisely which one but I am quite certain I've read it. @TPTB_need_war: Thanks for clearing up that first quote, at first (when reading his blog) I wasn't entirely sure how to interpret it. |
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Has anyone done an import (paper wallet) using the seed words into MyMonero?
I just tried, it asked me for the words, then it verified the 10 Monero fee, I accepted, then I came into an empty wallet.
How much time should it take to get the funds to appear in MyMonero?
Thx in advance,
IAS
have you ever recreated a wallet using the import from electrum seed on your home PC? basically, the wallet has to refresh from blocktime 0, so right now mymonero's backend is scanning through the entirety of the blockchain looking for the inputs you own. This scanning can take A WHILE. I know my poor xeon core-architecture CPUs with a HDD can take HOURS to get me a syncd wallet. So, it could be an hour, depending on how beefy the mymonero servers are. This amount of work is why it costs 10 xmr. Heart rises back up into chest... Thanks for the detailed explanation, much appreciated. Its about sharing Did you perhaps generate your seed from MoneroAddress.org? If so, see -> https://bitcointalk.org/index.php?topic=583449.msg12206473#msg12206473[1] Yes I did. Oh man, I need to install simple wallet and download the whole blockchain?  This is exactly why I used MoneroAddress.org, as I couldn't get the wallet running right on my mack. I noticed the keys were different but didn't think much of it. [2] Offhand, in the future can I cash in the paper wallets on MyMonero? I don't need to do it right now. (Or when they have the GUI come out, I can wait a while) Thanks for the info. [1] I guess so, but perhaps shoot luigi1111 a PM first , he'll run you through it. I don't know for sure if also importing it into simplewallet now will mess things up. [2] Yes, MoneroAddress has been updated and should now be compatible with both simplewallet and MyMonero. For more discussion regarding this problem, see the following links: https://bitcointalk.org/index.php?topic=583449.msg12195991#msg12195991https://bitcointalk.org/index.php?topic=583449.msg12196103#msg12196103https://bitcointalk.org/index.php?topic=583449.msg12206473#msg12206473PS: Don't worry, your precious Moneroj are safe, but you'll expierence a bit of a hassle importing them. |
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Has anyone done an import (paper wallet) using the seed words into MyMonero?
I just tried, it asked me for the words, then it verified the 10 Monero fee, I accepted, then I came into an empty wallet.
How much time should it take to get the funds to appear in MyMonero?
Thx in advance,
IAS
have you ever recreated a wallet using the import from electrum seed on your home PC? basically, the wallet has to refresh from blocktime 0, so right now mymonero's backend is scanning through the entirety of the blockchain looking for the inputs you own. This scanning can take A WHILE. I know my poor xeon core-architecture CPUs with a HDD can take HOURS to get me a syncd wallet. So, it could be an hour, depending on how beefy the mymonero servers are. This amount of work is why it costs 10 xmr. Heart rises back up into chest... Thanks for the detailed explanation, much appreciated. Its about sharing Did you perhaps generate your seed from MoneroAddress.org? If so, see -> https://bitcointalk.org/index.php?topic=583449.msg12206473#msg12206473 |
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always timely, always right on time! I just finished the content edits for another missive, so its ready for transcription if anyone wants the link. i know, i know, at this point its like crying wolf, but really, I think missives will be released soon. The one that I just edited is sort of first in a series, so it makes sense for this one to be released first... and this series of missives isn't dependent on core development, so there won't be any of the other types of delays, which have been that we talk about how something is going to be released or finished, and then it turns out there's 3 months (or more!) worth of edge cases to fix or purple monkey dishwasher. and I'm open for suggestions regarding hosting the file. I've heard rumor that mega's not the place to drop files anymore, so i came across this: http://wikisend.com/http://drop.io/always wonder how these sites do it for free. Maybe they're using the slack model, where you become dependent on the data you've hosted with them and BAM they go surprise, you gotta pay for access now!! The missive is around 30 minutes, currently we got G2M, MoneroMooo and me willing to transcribe. Anyone else that would like to volunteer? I would be willing to help out with transcribing. Send me a PM, I'll guide you through the details. Currently, we have 5 members (including you) willing to translate. Let's set the deadline on tomorrow night (00:00 UTC), after it passes we divide the total minutes with the number of volunteers. |
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Reading MA's blog, I'm learning something new or at least a new perspective everyday.
+1. Furthermore, he was spot on again with his 3 day bounce of the Dow Jones. |
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36 BTC volume on Poloniex? Come on Monerians, can't we do better than that?
Calm before the storm! |
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Monero has actually held incredibly steady vs. USD over the last 6 months. It's been at about 50 cents the whole time.  Better to use this ( http://coincap.io/#/coin/xmr), the USDT/XMR pair is pretty illiquid resulting in many outliers and high volatility. I advice to just put your marker over the lines to see the price, because the legenda is a bit skewed and acting odd. |
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OP, a senior member perfectly knows where to buy them..this is more of a promotional thread. anon coins are done pretty much..pure hype no average joe gonna use.
As regards to Monero, I don't see any clear SUBSTANTIAL advantage over all the other countless alt coins out there. Take a look at this video, it might change your view -> https://www.youtube.com/watch?v=GEVm1dMn5KsDifferences from Bitcoin start at 10:22 |
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I call this "The Halving Fallacy"!
Halving has no immediate influence on price. Markets aren't stupid - they price in things ahead. Like they are pricing in a possible hard fork in 2016 -NOW!
yep, as nov 2012 shown there was no any immediate market reaction. absolutely no one cared as far as i remember. But price bubbled few months earlier from 6 to 16. Personally I think the market reaction will happen months (if not earlier) before the halving, this happened in 2012 and also happened at the current LTC halving (although some of it was just blatant pumping). It's a bit like buy the rumour, sell the news only slightly different :-P |
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always timely, always right on time! I just finished the content edits for another missive, so its ready for transcription if anyone wants the link. i know, i know, at this point its like crying wolf, but really, I think missives will be released soon. The one that I just edited is sort of first in a series, so it makes sense for this one to be released first... and this series of missives isn't dependent on core development, so there won't be any of the other types of delays, which have been that we talk about how something is going to be released or finished, and then it turns out there's 3 months (or more!) worth of edge cases to fix or purple monkey dishwasher. and I'm open for suggestions regarding hosting the file. I've heard rumor that mega's not the place to drop files anymore, so i came across this: http://wikisend.com/http://drop.io/always wonder how these sites do it for free. Maybe they're using the slack model, where you become dependent on the data you've hosted with them and BAM they go surprise, you gotta pay for access now!! The missive is around 30 minutes, currently we got G2M, MoneroMooo and me willing to transcribe. Anyone else that would like to volunteer? |
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Stamp seems to be leading this, wonder if we can take out the 230-235 range as well.
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Is Bitfinex offline or online? They announced being offline, but there are trades. The API is probably already working. |
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When I type the extit command, the window doesn't close
there's your problem  . It goes tits up. joke aside: I have the same issue on linux. First I thought it might be waiting for something to gracefully quit, but I'm ending up killing the process after some minutes. I was playing a bit with the daemon to reproduce this, the one time I stumbled upon it I typed exit again and it gracefully quit. |
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Trading on bitfinex has resumed.
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