Site obviously favors the weak.
What exactly do you mean by this? (I just can't help myself sometimes.) |
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Question about storing XCP in Bitcoin-wallet:
I bought some XCP at Bter and transfered it to a new address in Electrum.
Electrum obviously does not show the XCP but surprisingly it does show 0.1086 mBTC. What happens to my XCPs if Electrum spends these 0.1086 mBTC?
I've understood that when I want to spend to my XCP I need to import the private key of the BTC-address to a wallet which support XCP.
What surprised me even more is that on Blockchain info I found three receiving addresses:
My address received 0.1086 mBTC
An escrow of 0.1086 mBTC
Some other address received 0.1258 mBTC
Blockscan.com does not find my address.
The small transactions enable XCP to be exchanged on the network. They are not tied to the xcp. You will just need a small amount of BTC for doing transactions in the future with the XCP. I would suggest using a wallet to manage this address which can handle xcp. Counterwallet.co may be a good choice. You can open a wallet there and sweep the funds to counterwallet. It is deterministic so I do not believe it imports private keys. |
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Monerocoin.com for sale unless the Litecoin guys wanna get it first.
thats a pretty useless ass domain name...the name of the currency is thankfully Monero which actually sounds like a real currency, not Monerocoin. monero.com, monero.org, monero.net monero. de, monero.au, monero.us, those domain names are worth a hefty penny, but not monerocoin.com lmao. thundercougarfalconbird.com |
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After checking out some threads it seems like monero is the most possible to be just a scam. Ill investigate more...
Indeed. LOL. 'nuff said. |
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Rebound from 340 low more and more looks like impulse. And if so, I think price is currently in 4 of 1 wave from 340 low.
Sorry about no pics, I am away from terminal, civil war is going on here in Ukraine. US and dollar, god damn you. I hope nuclear bombs around pacific and atlantic beach already ticking for all that they'd done in world.
Thanks for the clarification. I thought that much, but a lot of quite competent EW analysts seemed to say that the move didn't look impulsive. so I was doubtful. Sorry to hear about the trouble Ukraine situation causes to you. It's bad enough to know it affects someone, it's weirder to know it affects people you talk to. I made an attempt to follow it closely earlier this year, mainly over on reddit - r/europe. Someone made this over there, which had me laugh about the whole absurdity a bit at least... (I still don't know what a "protoukr" is, though) Can you make this more clear to me. Does impulse mean that the rally is not so real? And btw, thank you very much for that you share your info guys, oda and masterluc (and many others), long time reader here and I have a good feeling that I'm starting to learn something important here and when I will succeed in doing something important I will not forget who you are. It would mean we are in a rally. And we will probably see another leg up before we enter a corrective wave back to roughly the present level. But perhaps I should let the smart people discuss this. |
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I believe in this community, the devs, the project parameters. Everything points the right way. In the race for a privacy coin I think this project holds the most promise. I only wish I had more money to invest in my tiny alt stake right now as I feel buying more XMR would be a good investment, but I am already all in for my alt budget and don't wish to undiversify my 5 alt holdiings. What Monero does NOT need:1. A GUI wallet right this moment. Wallets are meaningless if the only people using them are perfectly capable of using the current cli wallet. At this point a simple wallet is a done paradigm. We have billions of those. If you want an alt with a wallet buy Litecoin. The desire expressed here to see one is understandable, but there is no reasoning behind it. 2. A rising price. If you are using Monero as an investment then you must understand that coins with big market caps only happen on fundamentals plus zeitgeist. We've got some zeitgeist here (still) but we need to develop the fundamentals. Coins that have rising prices RIGHT NOW are out there if you want to play the short flip game. Look at junk like Pinkcoins, which I believe is being loaded up by 'insiders' for a coming pump. That goes on all day long. We don't need shady flippers and scammers in a serious community. At least we need not cater to them. What Monero DOES need:1. A GUI wallet in time with the right features. Hopefully you read to here before mashing quote.  The GUI(s) need to be solid and perhaps even have useful 2.0 style features. I trust the devs have good vision here. Just privacy features perfectly implemented in an scalable, portable app with mobile versions might be enough. Built in distributed market? Integrated decentralized exchange? The ability to issue securities or stocks? Messaging? I dunno. I hope someone does. We are well into Crypto 2.0 at this point in currency development. Is simple vanilla privacy enough? Whatever happens it has to be extensible. 2. Cryptonote must make the exchanges. This is a hurdle. We need to see some slightly more mainstream exchanges implement cryptonote ability into their platforms. The masses will need to buy XMR from somewhere they trust. 3. Luck and momentum. With hundreds of altcoins existing (and only a few legitimate ones really) the noisefloor is just really high. For Monero to be seen over the weeds it will need all the above PLUS the magical push of a DOGE style event. It doesnt have to be silly, but it does have to capture the attention of the potential users. People need to be able to tell each other the STORY of why we NEED Monero. And then the story must be told. Here, on reddit, and eventually in the media. Ripple did it. Darkcoin did it... and niether of those has the legitimacy of this project. I remain bullish. |
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If I didn't send MRO to polo with Payment ID, How can I get the money back
Just email them with the exact amount they seem to be sorting those sorts of issues out fairly easily, however it will be a lot more easier to claim if you didnt send a round number like 10 that someone else may have sent without a payment ID as well. Hmmm, I have my MRO at the Cryptonote exchange and I'd really like to move it to Poloniex for the 2FA but I don't want to install the client. Should I just send it without a payment ID and do the above to have Poloniex retrieve it? God no. It's like shooting it onto the abyss. Plus the exchange would not appreciate this strategy either IMO. The client is no hassle to install. I will transfer it for you if you like, I will not scam and wouldn't mind building some trust. But I would just install the client if I were you. |
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Something tells me this is WAAAAY too lucky. How often will my hashrate find blocks at the current difficulty?  |
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"Massive" buy wall at 280 of 30 BTC... nice to see  Wonder if Risto is adding a Monero wing to the castle... |
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I think the answer is so obvious it is slightly painful.
This is a private community which stands on a foundation of trust and reputation. It is a reasonable protection of the community to disallow the trading of identity. Enforcing this would not hamper free speech or anonymity but it would protect identity and security.
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Here's a post talking about the differences between Darkcoin and XC: https://bitcointalk.org/index.php?topic=600706.msg6979796#msg6979796Claims of being vastly superior to Darkcoin implementation. The distributed super node mixers will require people to own 1000 coins (I believe this is the number), then those nodes will collect some fees for their service on top of the 3.3% stake per year you get. The super node function is supposed to run straight off the wallet. Currently costs about 1.7 BTC to get 1000 of them. Supernodes or Masternodes are a central banker structure. That model is a lame duck. It is either a bad implementation or a way to sell 1000 coin lots of your premine. The world is moving away from centralization. Build on that foundation at your peril. |
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Have you ever tried receiving payments from abroad? It is exceptionally expensive and time-consuming to send money to Brazil from a foreign country by regular banking channels. Bitcoin facilitates this tremendously, and is used by many. Is that not enough to be considered successful?
-----------------------------------
How many people in this thread using bitcoin moving money abroad? if one uses, indeed he will find bitcoin fantastic. One thing I tend to be sure is that the payment technology behind bitcoin will be successful.
Still, the success of payment technology does not necessarily mean success of bitcoin, I think.
It is quite a headache for me to imagine: if Switzerland decides to stop Swiss Francs and turn them all into a crypto swisscoin, what will happen to bitcoin?
It will explode. Switzerland will then implement pos payment systems that would be ready (at least capable) to also accept bitcoin trasactions, and those systems would spread around the world more quickly. It's all happening already. It's just a matter of time. |
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Also... the Ripple fiasco unfolding before our eyes is a case study in how a well coded platform with some of the most useful features in an alt can be destroyed by a bad distribution structure.
The vacuum being left my XRP demise will be filled eventually. It had lots of good ideas, but noone wants another central reserve bank type structure.
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I have been doing due dilligence on alts for two weeks now. My findings line up very strongly with your positions. I split Most of my new altcoin purchases up evenly over Monero and Darkcoin last week. But as I researched further I shifted the majority out of DRK and into MRO. I am retaining a small stake in Counterparty as well although that is on the chopping block and my research continues. I am: 96% BTC 2.5% MRO 1.2% XCP .3% DRK I also own a litecoin. |
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Bitfinex leading the move suggests a short squeeze.
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BFX is the leader here -- this is abnormal, right???
This has got to retrace to $550, MAXIMUM (minimum)
Nuts.-- ok this is ridiculous... is there news? or just... incredible panic buying on us markets? China doesnt know what its following and appears to be hesitating at this point LMAO
See the volume. Bitfinex exceeds bitstamp and btc-e. Anyone explains? A short squeeze. One of the most bullish indications possible actually. |
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Hey Alex,
I will make a 10-50 BTC bet with you that Darkcoin will be <$6 sometime in the next 3 weeks?
Let me know if you are interested.
Popcorn.gif For what it's worth this discussion of alt coins is useful, I think. It is one of the biggest unknowns in the Bitcoin universe and worth exploring. As an aside last week I bought a small stake in both Darkcoin and Monero. The more due diligence I did the more Darkcoin I sold and shifted to Monero. I was almost shocked to see this come up in this thread, and am living proof of the privacy narrative being a motivator for speculation. |
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Interesting that this time alts are not following BTC, they're even going lower. Are we going to see decoupling again like before December?
I believe this is a very bullish sign for btc, and a reliable indicator that the fiat has not really hit the exchanges yet. |
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According to my research, the average sum a person would invest in bitcoins is $1000. Therefore, 4 million new users are needed in addition to the 1 million current ones to reach $7000.
That seems like a lot to ask for the next 7 months. I think chances are some bigger investment funds are going to have a big impact though. That is only 25.8% monthly growth in userbase. Which happens to coincide with the long-term slope of the price appreciation curve. With this adoption growth, without the logistic slowing, we would be at 2 billion people in March, 2017. My suspicion is before we get anywhere near 2 billion people using bitcoins that there will be factors at play that will dwarf the impact on price arising out of adoption and its use in day-to-day transactions. My fear is as the realisation dawns on the bigger players that Bitcoin is 'the one' that it will be pumped by banks and central banks who can magic large sums of fiat into existence with which to buy bitcoin (and who may even dump gold temporarily), creating the ultimate bitcoin megabubble so that billions of latecomer ordinary people and businesses buying their first bitcoins will be shafted as the great bitcoin dump starts, into pms, into land, artwork etc. into a 'better' crypto - assets that had been neglected for the period bitcoin was so attractive, even back into fiat (they could use this point to launch more 'stable' 'new crypto-dollar or new crypto-pound etc.) until bitcoin finds a stable long-term pricepoint well below (even orders of magnitude below) the hyped price the masses bought at. Problem is of course nobody beforehand can know what this price will be. We would still be in a much better world than today because with bitcoin established fiats (old or new) will not be that attractive but if central banks are deliberately hyperinflating forcing people into crypto on their pump stage people could end up with 1000th of what they had before. Btw, I'm only just exploring this idea so please point out if there's an obvious reason this is not how the future looks! No... you have outlined a very probable scenario IMO. I am not so sure we will see such massive manipulation by central banks, but I don't think that will change the outcome. One point. In each industry destroyed by distributed networks (music, newsprint, taxi service), the old guard has held on and fought tooth and nail until it was so overwhelmed by the change that it had NO other choice than to adapt and innovate. Things like record companies had a LOT of money and power to ride out the fight. Reserve banks have more power than almost anything on earth. In some ways it is already too late for them. |
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