a shady exchange
Is it? Is this WEX above board? I'm not hip to all the goings-on. I know the vampire squid owns Poloniex now. Did WEX get got by fatcats? Or what exactly. Well last July 2017, they got seized by the US Govt (they were operating as BTC-e), some of their bank accounts were seized and the websites, but I believe that they were able to keep a large majority of the crypto, based on their own self reporting. About a month and a half later, they reopened as WEX and did a Bitfinex style socializing of the loss (about 40%-ish), and they issued tokens that they said would be reimbursed. In the ensuing year, they have not been able to regenerate their previous trade volume and it appears that a lot of folks are trying to withdraw their funds, which seems to snowball, including WEX restricting withdrawals which continues to exacerbate the lack of confidence problem and the run on the exchange. So accordingly confidence has been lost about whether WEX has enough money to cover all deposits, and surely they have been a whole hell-of-a lot less profitable after reopening because they have not been able to return to their former self (trade volume wise). There is likely some other continued legal wrangling behind the scenes too because they USA Govt does not give up in terms of attempting to prosecute folks that they can find associated with the exchange, and that could be continuing to affect their operations and their expenses.. and may even motivate them to do an exit scam if they cannot pay everyone or to cover their expenses. I believe it was proven the Mt.Gox coins were washed there as well as other ransomeware coins, but DYOR.
|
|
|
Suppose a coin (could be Monero, or could be something else) requires 20 confirmations everywhere (exchanges, merchants, whatever). Suppose this coin also had an update that refused to accept alternate chains deeper than 19 blocks ago. That would, in theory, kill the 51% issue, right? What would the downsides be?
Plagerizind. reported. I have a theoretical question.Suppose a coin (could be Monero, or could be something else) requires 20 confirmations everywhere (exchanges, merchants, whatever). Suppose this coin also had an update that refused to accept alternate chains deeper than 19 blocks ago. That would, in theory, kill the 51% issue, right? What would the downsides be?
|
|
|
LOL, yeah we went sideways for so long I said fuck it and started buying a different crappy alt every week trying to dump on their pump to get more Romero's
Cesar Romero's? ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fbloximages.chicago2.vip.townnews.com%2Fnwitimes.com%2Fcontent%2Ftncms%2Fassets%2Fv3%2Feditorial%2F1%2Fee%2F1eee3790-3bae-5294-b49c-3d8e60d252f6%2F4fb4277ae66b5.image.jpg%3Fresize%3D400%252C305&t=663&c=XS6PNhe7i--6VQ) Lol The people on /r/ethtrader are pretty bearish at the moment ( normally they are circlejerk permabulls in there ) , many expect a huge dump for alts on both scenario's: ETF approval or rejection.
XMR is not as tied to the alt market as other coins. Optional Fungability will never keep you safe. Dude, stopped on their discord and people were talking about "If the price pumps to X, I'll buy a lambo for every day of the week!"
Don't they know the life cycle of a privacy shitcoin? 1. launch coin silently so devs can accumulate 2. make incredible claims (IE. Whitepaper SOON!) 3. work noobs into a frothy lather of expectations 4. go full-shill and attack Monero 5. pump and die 6. take what you learned and start a new coin (only appies to devs and pump masters)
You don't skip to 4
Hah, Just a bunch of pawn bounty hunters scrapping for pennies to fall out of each scam, Lambo my ars!
|
|
|
This could be an opportunity for a seasteading Bitcoinist. Set up shop in an o-zone (numa numa) to build components for the steads. Dodge some tax money, employ a few people who need it and help to build your new community in the equatorial zone. Win win win.
I just texted a buddy in a zone and he said his property taxes have doubled in the last year so it looks to me like it's just going to relocate the poor elsewhere. Nice job as usual from the Obligatory. At least it looks like there were good intentions on this tax dodge. Looks like these guys should have waited 4 days!!! https://www.trustnodes.com/2018/07/20/hashflare-cloud-miner-goes-million-customers-affectedNone of the major alts have ever endured a full crypto winter. Even ETH launched at the bottom of the crypto winter and was straight uphill from there. Undoubtedly this has been a learning experience for the Masters of the Altiverse.
I'm not defending alts but this is just patently false. In what way is Hairy's statement patently false? Sure if you mean the old world alts of pre-2014 back *before* the current nouveau crop like ETH, XRP, DASH, XMR, etc., all the ICO garbage... then yeah, they had a pretty hard bear market. I remember LTC dropping from $48 all the way down to $1.20. But the nouveau shitcoin crowd has yet to see a significant crash. And trust me it's thin all the way down. Just look how that one whale trader on Coinbase was able to crash ETH all the way down to $0.10. And that was just like ONE guy (or one small colluding group). Of course I mean the Old world ALTs what else would I mean. And he used the terms "NONE have endured" which is patently false, what part of that is hard for you to discern? AFA the "nouveau shitcoin crowd" let them burn. You listed a pile of exceptions yourself. I'm a little grouchy this morning do to over exertion yesterday so I'm not really mincing words. BTW that LTC spiral was not just a scene bad patch it was a shitcoin that got pumped by the chinese and ridden all the way down, it didn't correlate to the market as a whole at all.
|
|
|
None of the major alts have ever endured a full crypto winter. Even ETH launched at the bottom of the crypto winter and was straight uphill from there. Undoubtedly this has been a learning experience for the Masters of the Altiverse.
I'm not defending alts but this is just patently false. Gentlemen, how confident (or not) are you that the bottom is in?
I thought it was pretty much agreed upon during the ling sideways @ 6500 a month ago. Or was that just in my mind? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Eth at 0.058 is looking a bit limp wristed.
I think ethereum and the rest of the alts are going to be in a bear market for awhile and will not follow the Bitcoin rocket this time. Not enough money to pump bitcoin and the alts. This is still a really weak rally on terrible volume, hence alts sell for BTC. That institutional money is siting on the sidelines waiting, they have a lower tolerance for risk. Once it hits, then wamm I'm gonna win that ATH for the year. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) July 31 Closing Price: $8,000-$8,500
|
|
|
No, what I wanna to try to say : they are ways to hide exploits in Open Source code in plain view, not necessarily complex like a backdoor, just something to introduce a bug that could be exploited by a Malicious Actor further.
Well then why didn't you just say that? That is obvious to anyone that has any experience whatsoever programming.
|
|
|
No need to argue before the 29th.
he didnt need to wait til the 29th to show proof or own up to the truth. He did if it is only now being delivered so he can take some pictures. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) He claimed to have had it weeks ago I'm quite sure Hue was being sarcastically humorous as indicated by the smiley thingy. But yeah, smaram claims to have received it ~6 weeks ago. Quite. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
|
|
|
Subscribe to our Airdrop ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) You mean this Shit is so good they are giving it away!!! Damn I have to buy Monero. ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) I must be doing it wrong.
|
|
|
kek, I wonder who is embarrassing himself right now. They have been tiny exploit hidden in Linux Kernel code in plain view to tons of reviewers and they didn't see it, why ? Because one character was misplaced and worked after compilation, thanks to C. That character misplaced was identified further like an Elevation Privilege Exploit. It's like in C if you forget parenthesis in some Macro you gonna fuck the calculus logic : #define SQUARE_A(x) x*x #define SQUARE_B(x) (x)*(x)
Replace x by 2+3, SQUARE_A will fail, not SQUARE_B. Now try to take a simple project in Go and compile it on different architecture and computer with and without cross compiler, and check the result. Even if you have 1:1 code you will never get the 1:1 binary code. There was never better place than 127.0.0.1 ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) 20 year exploit in bash had nothing to do with it's size dunkof. It was not in the kernel and even if it had been that wouldn't matter anyway as an exploit is just that and it does not matter what the fuck the size of it is! After a moments thought I think I know what you are trying to say. You are trying to say a tiny error in coding as in a small syntax error. Is English your second language?
|
|
|
Hey guys does Anyone know that monero is being used as the main Coín to buy on the deep web?
Proof?
|
|
|
Voted but I'm flexible on whatever we decide.
I really wanted to vote "25 Trillion Zimbabwean dollars" but I was afraid it might attract Nigerian Princes to the league.
|
|
|
going to moon or usual pump and dump folks?
Mostly up until ETF then...
|
|
|
What is going to happen on 10th August?
There will be a huge BTC dump, as everyone is buying on the news right now and then when the reality hits its gonna be a massive shit. hopefully the smart ones will move into Monero along with the ones that just left to ride the upswing. So, IOW I think it will be good for us but bad for crypto as a whole and if BTC takes too big a hit then it will take us down as well but not as far as the others. It looks like the worst time to hold any alts at the moment , every bitcoin movement up or down creates a sellof for altcoins including monero.
I don't think it's causing a 'sell off'. BTC is just out performing everything right now. But it will pass. Those buyers will run out of bullets and will be forced to hedge in alts sooner or later. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I got me an alt that I'm bagholding that I wish to god it would pump now! I feel dirty holding this. Lmao. LOL, yeah we went sideways for so long I said fuck it and started buying a differant crappy alt every week trying to dump on their pump to get more Romero's but everything started to take a nose dive and of course all those shitcoins are falling faster. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I can't seem to do anything correctly since the alphabay blindside.
|
|
|
I sent a transaction today that was just a donation so I set the fee to 2 sat/b and it went through the next block.
3 cents.
Segwit address I'm assuming? Mcafee predicted $15k by the end of July at the latest...so he only has about a week for the price to double.
For once I'd like to hear someone admit it was the cocaine talking. More like the LSD.
|
|
|
Shit, with the crowd this time.
$8,000-$8,500
|
|
|
...
PSA: to clarify... this is for American Football or better known as the 'NFL', also known as the 'No Flop League'.[/center]
Ha! Just got to reading this thread and caught this Gem hidden in there. Lol @LennyCarl, Sup man! Hopefully we can have some duels like last year! they were some nail biters. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) @eyejay_3, thanks for the Barlow. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) 2.Scoring: Yes yes yes... I've heard your concerns *cough*Hueristic*cough*cough* ... *agheem* and I will be using Yahoo this year. As of right now, here is a general FYI of what the rules look like for scoring: Hah, I wasn't gonna say tolds ya so but since you did for me. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Yahoo default (I really don't want to go through that whole list and see if anything is changed), correct? We certainly proved last year that PPR is a lock to the draft. Also it just occurred to me that we may want to make the buy in in Monero as doing it in USD terms will fluctuate the buy in so it would be different for everyone. But like I did last time anyone can pay in whatever form JW will accept. If 1 Monero is too much then .75? I personally will do 1 without any qualms.
|
|
|
No even if you have all the code with all history of commits, if Monero servers are compromised with binary with a tiny backdoor or an tiny exploit hidden in it, it will be hard to find out unless devs reveal their binary were compromised.
Because even you'll have a fork of project even with the same arch, you could compile and still get a binary code different from official binary.
The only way to check if your binary isn't compromised is to review the code and compile yourself. Until this time you have to trust official binary with the official checksum provided.
Once again you don't trust the binary provided fine, come back further.
You should not be in this conversation as you have no clue what your talking about and in reality you are embarrassing yourself. There is no fucking such thing as a tiny exploit, Either the code is sound or it is not, Period. It is Boolean, true or false. There are 10 types of people in this world, those who understand binary and those who don't
|
|
|
|