ec2 is expensive..
i can run now 2.6khs on my gpus, its 30x cheaper than ec2
this costs me 1000w, count that
and see that when gpu miner came out, hash went from 3mhs to 12 mhs
What are you talking about... this graph refutes you: http://monerochain.info/charts/hashrate |
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Quick hijack -- my apologies -- if I move BTCs from one exchange to another exchange is that a taxable moment (a realization event)? If not, the IRS is totally bluffing aren't they.
In the US gains made on bitcoin investments are commodity gains and therefore you pay capital gains taxes on them. It is up to you to report this, but moving your coins around does indeed create a transparent digital trail by which your ownership could be proved. |
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There's no QT style wallet for Monero though, am I right?  Thank God, no.  Monero is getting ready to open those floodgates, but there are so many fundamentally more important things now. For example the current database is a disaster. Let the devs finish that, then bring the drooling masses. In the mean time smart money gets to mine or buy up cheap coins. |
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I haven’t made a bad bet yet in crypto. With a little luck this wont be the first.  The signal to noise ratio in the altcoin universe is so epicfully horrible its no surprise that so few realize the potential here. This coin is not competing with Bitcoin. On the contrary this is one of the few coins which does something that Bitcoin needs. This platform is the technical lone runner in the race for monetary privacy in the crypto space, and if it achieves it it also allows Bitcoin to be the transparent medium of exchange it was designed to be. Bitcoin benefits by not having to simulate privacy and therefore can remain pure. Something HAS to rise up to offer this functionality. At the moment nothing I know of comes even remotely close to Monero's lead in this arena. |
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there was probably a better way to make your buys, in order to minimize your costs. i wouldn't know. but i lulz anyway because dude's sarcasm made me laugh.
i went ahead and checked the average that i paid and it was about half way between the price that i started buying at and the price that i ended up pushing it up to. i think it just ended up looking funny because it cleared the transactions in a strange order, so even though i bought out all of those orders, it filled some of the larger ones like a fraction of a second before it filled some of the smaller ones. Welcome aboard. IMHO you've just gained the potential to change your life a little. |
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there was probably a better way to make your buys, in order to minimize your costs. i wouldn't know. but i lulz anyway because dude's sarcasm made me laugh.
I have bought 1k at a time and where we are now this moves the market. Even placing bids and taking out decent asks eventually shifts prices. You can do private trades of wait for bids to fill, but if your thought is you are buying into a rebounding market you are going to make some little waves. |
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It would be nice if this forum was about TA again. Come back Risto!!
Well... perhaps in the wake of the Mallathon talk of drugs and outer space are not entirely inappropriate. But I feel ya. |
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we just need to have some of the other components integrated first eg database.
Thank you for working on this. I'd guess the database may be the most important step at the moment. By the way, I can confirm the fix for the deterministic seed/date restore bug is good. Tested on 64bit Arch Linux. |
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you can't really lose anything if you backup your .bin.keys
32 and 64bit are different keys... not same - just tested on 64-bit Windows - can't load wallet. The obvious answers here are: 1. Set up 64bit wallet, transfer coins. 2. Use deterministic wallet, wait for seed fixes in binaries, restore from seed on 64bit system. BACKUP AND ENCRYPT EVERYTHING ALONG THE WAY |
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Somebody is dumping at 570 .. 580, 590 and now 600.
How many have they got?
29,656? |
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which would be your recommended exchange?
also, have people been safely transacting directly? that's something else i'd consider if there are some references etc.
thanks again.
Well if it weren't for the withdrawal fee I'd be fine with BTER, but I have done business with both poloniex and mintpal. Smooth and easy in both cases. I forgot... BTER is currently awarding a 1% deposit bonus. This effectively removes the withdrawal fee, but only when you DEPOSIT XMR first. |
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i'll user BTER, as I have an account there.
thanks!
also, and PLEASE don't interpret as FUD, but looking at the bigger picture / lifetime chart of xmr, it doesn't seem insane to imagine it could decline some more. all the "alt" coins seem to do the long slow "death" after initial spikes. it appears that xmr is currently about 300% higher than its low.
this thread is amazing and has convinced me to invest a bit in xmr. seems like a rare case of coin that might really have a future.
One caveat. Bter charges 1% on withdrawals. This is exorbitant unless dealing with very small amounts in my opinion. |
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Monero btc hero whales (if they actually exist):
Now would be a good time to throw up some buy walls- even if at low levels - to show some support for YOUR coin and keep things positive in the mind of average joe investors! Let's keep the price stable as possible!
Things don't work that way. You buy the coin because it offers value. If you waste your energy on a futile manipulation, you have no power when it could make a difference. Instead buy because it is crazy cheap. Me, I hit my limit for the week with a buy at 0035. Next week I may want more. Excellent catch at .0035. I had to fight the urge to sell all the way down, but also bought a bit more at .0041. It's funny how irrational some of my kneejerk reactions are. It is fortunate I was able to make a decent (i think) buy. |
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and people here don't help the noobs such as me :\
With all due respect: 1. People have responded to you and helped you on this very page. 2. How to copy and paste in a dos box has been covered a dozen times in this thread. http://lmgtfy.com/?q=copy+and+paste+moneroOpen a dos window first, navigate to the directory with ccminer in it and execute your command. The box wont disappear. The reason it disappears when you just click on ccminer is you are running it without arguments and it just closes. [XMR] Monero Mining thread: https://bitcointalk.org/index.php?topic=653467.0 |
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Could it be the problem that I'm behind a corporate firewall. My internet connection is really fast. How often is the blockchain updated in OP's post?
Coming up to date from where you are would take ~10 minutes on my home connection... |
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IS THIS NORMAL? This has been going on for 2 days now, I downloaded from OP a recent blockchain.
2014-Jun-27 00:11:57.571893 [P2P8][220.162.134.106:18080 OUT]Sync data returned unknown top block: 94300 -> 103046 [8746 blocks (6 days) behind]
SYNCHRONIZATION started
... ... ...
2014-Jun-27 00:15:46.455855 [P2P4][107.170.157.169:18080 OUT]Sync data returned unknown top block: 94300 -> 103049 [8749 blocks (6 days) behind]
I'd save and restart. Looks like you have a terrible internet connection. |
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Q: What’s your view on the future of bitcoin?
A: I believe decentralized currency has the potential to change the world. But bitcoin itself must become much better. Right now, it is so easy to use it for illegal activities, such as money laundering and drug trading.
He just can't help but try to constantly draw attention away from his own gigantic failure even at the detriment to Bitcoin and the community. That he continues this ridiculous line of thought is despicable. |
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Ignore DARKOTA he is a troll who PUMPS and DUMPS
Your crossposted repeato-spam begins to reek of buthurtedness and is actually beginning to have the effect of making me trust darkota more even after he called me an idiot for pointing out we had probably seen the majority of the mintpal impact priced in before it made the exchange. I have just ignored you. |
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Perhaps I am too new to the altcoin universe but the level of actual FUD recently is fascinating to me. There seems to be a few folks intent on damaging this projects reputation as much as possible and through some of the most outlandish means I could imagine. The twitter account was fairly left field for example.
Do other alts get similar attention?
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