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8701  Economy / Reputation / Re: Emoomjean's Reputation Thread on: July 01, 2014, 02:52:26 AM
solid rig, it has the advertised hashing power for sure, so +1, thanks, even tho it's probably just an overall money-losing experiment in this case, but gotta learn somehow, so thanks!...  i guess i should buy a gridseed rig on ebay now lol! Cheesy

btw, thanks for the extra .5 hr. unless it was the service.(?) i have 100% probs with coinking pool, it still just rejects everything, not sure wtf is up with that.

thanks again!
8702  Economy / Reputation / Re: Emoomjean's Reputation Thread on: June 30, 2014, 02:01:33 AM
solid rig, it has the advertised hashing power for sure, so +1, thanks, even tho it's probably just an overall money-losing experiment in this case, but gotta learn somehow, so thanks!...  i guess i should buy a gridseed rig on ebay now lol! Cheesy
8703  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency [CPU/GPU(NVIDIA+AMD)] on: June 29, 2014, 01:45:15 AM

[...] Monero is most fundamental coin to the day. Not only it is strictly anonymous, it has double-spend proof even in case 51% attack. [...]


That's new to me. Is this true? How is that supposed to work?

Yes - link to support this claim is now necessary, otherwise, it's pure FUD.
8704  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency [CPU/GPU(NVIDIA+AMD)] on: June 25, 2014, 04:02:20 PM
Development team is very strong, very active in the community, I am optimistic about this coin

You are not alone. if you understand the technology, you will appreciate this coin. Grin
8705  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency on: June 24, 2014, 03:09:35 AM
holy shit this is getting dumped hard..  Huh Huh

fuck it. stay on the coaster. it will pay off. Smiley
8706  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Monero is Too Technical: trade price will be affected without a simpler wallet. on: June 24, 2014, 12:56:13 AM
I just finished a late night overseeing the introduction of Monero on Mintpal.

While anticipating the opening of trade at current market value, i.e. around 650k satoshis to 700k satoshis,
it's still always interesting nonetheless to see how the market and traders will respond.

Traders like a coin they can profit on. They're only partially concerned about the long term. Cryptos to them are a high turnover, short-term market and 'quick buck' to be made!
After the inital opening of trade on Mintpal.com, however, the market response of Traders has been to pull the price down to levels where Traders can make some profits on it.

In short, Monero is overvalued and too technical at the moment in my opinion.

This is a technical Cryptocoin and Wallet system. It's not for mainstream use right now in its current form.

If a Trader wants to hold on to some Monero during a trading lull and/or quickly wants to move it to another exchange, they are going to need to invest TIME in learning and working with the
Monero command line wallet. This wallet requires manual command line creation and syncing setup steps before Monero can safely be moved to an offline wallet or moved to another exchange, or another wallet.

The Monero installation and getting started notes are not currently clear or detailed on its own website:
http://monero.cc/getting-started/index.html

A Windows user 'tutorial with pictures' is handled on ANOTHER website:
https://monerotalk.org/t/bounty-create-a-useful-tutorial-on-how-to-setup-monero/13

On this Tutorial page/website, some users are experiencing unsuccessful results after following instructions.

So until the Wallet install process in simplified, GUI-fied and improved upon, Monero's price will suffer so long as traders (who are time & patience short) continually realize that generally setting up the wallet and will require special command line-based learning and operation.

This makes Monero wallet is currently usable for the mainstream public who may be used to Bitcoin, Litecoin or Dogecoin wallets/apps, and even ATMs by now.

After its first pump and dump initiation before Trader profit taking, Monero's value may be restricted by the realm of tech knowledge and inconvenience until made easier to use.

portdavenport
Trader

Monero is doing what exactly needs to be doing. Being anonymous and not being wannabe anonymous. It is doing this right now and not in the future and is not closed source. I really dont care if it is  noob friendly right now. Those who have enough brain power to figure out why this coins has real value can also read about their investment and understand how to use it. They only need to read the OP and the links there... Those that dont will buy it and dump it. They wont even bother to download wallets at their computers..

Oh and those that really care about anonymity can easily spend 1 hour and understand how to use it except just writing "moon" on chats.

Monero will fix its bugs and be more noob friendly soon. Those that wait for it to be more noob friendly obviously will buy it or mine it with more cost. Right now it doesnt need to be mainstream. Have you seen any marketing? Getting mainstream too fast will just make it a pump and dump after all...

This. Is. Spot. On.  Thank you! Smiley
8707  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency on: June 23, 2014, 09:14:05 PM
I bet everyone just let rpietilla feed you with  wet dreams in his alt coin observer thread...

What have I now done  Huh

I told in advance that I would stop buying at 0.01 and once I did, it immediately collapsed.  Sad

You haven't done anything.  People thought that getting on mintpal was going to make the coin skyrocket.  When it didn't and went down instead and they realize the coin is worth less than what the bought in at they look for scapegoats to blame.



personally, i wouldn't mind if it dumped to .001, hell i'd buy a shit-ton more.

I think half the people on these pump and dump exchanges are just geeky ass gambling-addicts looking to make a fast buck on the next alt/shit/whatever coin overnight. fools if you ask me.

this coin has real technology backing it, so i'm holding, i don't care how low it goes short-term, it will correct. Smiley
8708  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency on: June 23, 2014, 09:00:00 PM
I forgot to insert the payment id when i transfert my monero from bittrex to mint pal...
On bittrex is impossible to enter the payment... wtf


i lost my money?

I just open a ticket but nobody answer me

Same thing for me! What the hell is that, when can we expect our XMR back?

It's your fault for not following deposit instruction carefully. Your best bet is to contact Mintpal support and provide them with that transaction ID and hope they will manually credit the coins back to your balance.


They need to use simplewallet as a middle man .... i swear i just posted this a few hours ago lol.
8709  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency on: June 23, 2014, 07:00:28 PM
is my wallet address inside my wallet folder with the file walletname.address.txt ?

Yes
8710  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency on: June 23, 2014, 06:31:07 PM
lol

PRICE (BTC)   XMR   BTC
10000.00000000   0.00000001   0.00010000

PRICE (BTC)   XMR   BTC
20000.00000000   0.00000001   0.00020000

Double-LOL Tongue

Is that u? Its traded lol - saw a guy buying it for 0.012BTC 4 XMR

not me, i don't even have a mintpal account, funny how that was the first two orders over there tho!
8711  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency on: June 23, 2014, 06:22:58 PM
Anybody know if we'll be able to do a direct transfer between the exchanges here?

Good question and i'm going to add another (good?) one : Mintpal says we have to add a payement ID... Great, but Bittrex asks only one thing : the deposit adress.

How do we withdrawal Monero from Bittrex?

Withdraw to poloniex, then withdraw to Mintpal?

in cases like this, i've had to use simplewallet as the middleman.  Sad
8712  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency on: June 23, 2014, 06:21:00 PM
lol

PRICE (BTC)   XMR   BTC
10000.00000000   0.00000001   0.00010000

PRICE (BTC)   XMR   BTC
20000.00000000   0.00000001   0.00020000

Double-LOL Tongue
8713  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency on: June 23, 2014, 06:12:13 PM
How to paste an address on the console for the transfer???

left click on the top of the dos/cmd.exe window, select Edit, then Paste. Smiley
8714  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency on: June 23, 2014, 06:05:39 PM
I need help my wallet not working statu says Can not connect to daemon
.
Are you running bitmonerod.exe in the background first? you have to run that and download/sync the blockchain first, then run simplewallet.
8715  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency on: June 23, 2014, 06:03:49 PM
MintPal @MintPalExchange  ·  1m
Congratulations to Monero (XMR) for winning this week's vote. The market will be up very soon.

https://twitter.com/MintPalExchange/status/481134855577952256 Smiley
8716  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency on: June 23, 2014, 02:22:51 AM
Thanks owl... gonna try it out... Getting ready for a big day 2morow at mintpal Smiley


no prob. if you have issues, see page back or two where you need to make smaller payments due to pool dust (whatever that is - ELI5 anyone?)

also, what's the big thing about mintpal tomorrow? are they starting exchanging xmr?...  thanks! Smiley

I dont think "pool dust" has been explained for a while, and Zone117x has released a major update today which should fix the problem but will probably result in more questions, so here goes:

The Monero mining pools (95% which use the same underlying code, Minergate being the major exception) were configured to pay miners after each block they mined had matured. This ensured that minimum funds were held in pool wallets and no concerns about maintaining balances for miners. Unfortunately there were a few big pools with about 80% of the network hash between them, at least 2-3000KH/sec, and many small miners also mining at them with a small hash, e.g. 50H/sec. Therefore the payout they received for each block was 0.05/3000 = 0.0016% of the block reward, about 0.00025XMR. After mining for 2 days that would total up to about 0.2XMR in Mr Small Miner's wallet, so they wants to go and transfer it to an exchange so they can sell it. What they don't realise is that the anonymous way Monero works means that they dont actually have 0.2XMR in their wallet, they have something like 700 * 0.00025XMR chunks. The standard transaction only has room for a couple of thousand XMR chunks, irrespective of their actual value, so you can see how those "dust" payments start creating problems....


thanks. i appreciate that. Smiley 
8717  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency on: June 23, 2014, 02:16:18 AM
Simple wallet:
transfer <mixin_count> <addr_1> <amount_1>

How can I set "Payment ID"?


https://bitcointalk.org/index.php?topic=583449.msg7459136#msg7459136

8718  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency on: June 23, 2014, 12:25:17 AM
Based on the charts it looks that XMR price is set to break 0.01BTC at some point in the near future (probably within 10 days).

link/source? & thanks for the prediction. let's hope! Smiley
8719  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency on: June 23, 2014, 12:01:05 AM
how do I paste the address which I have copied into the command prompt ? The CTRL + V don't work

left click on the top of the cmd.exe window - select edit - you will /should see sub option for paste.

google for more info - it was also discussed/linked to a few pages back.
8720  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency on: June 22, 2014, 11:58:27 PM
Thanks owl... gonna try it out... Getting ready for a big day 2morow at mintpal Smiley


no prob. if you have issues, see page back or two where you need to make smaller payments due to pool dust (whatever that is - ELI5 anyone?)

also, what's the big thing about mintpal tomorrow? are they starting exchanging xmr?...  thanks! Smiley
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