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There are no pure silver Cryptonic Bitcoins in existance yet. It's just a silver plated one.
So obviously the price is too high for it.
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I have just added an ask order for Moneretos as an item  Probably it's better to restrict it. It's a bit illogical (but fun). It was already reported before, but probably lost: after Roopatra bought 1 Beer from me in item history the buyer and the seller are messed up. |
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Just entered the following command and thought that it will add ask for 490,000
sell cvs 1 490,000
But instead I got COMMAND RESULTS:
Sold 1 units of cvs at 215000 m/unit, for a total of 215000m.
Before that the same happened with
sell cvs 2 490,000
it was just sold to the highest bid.
Am I doing something wrong?
The commas are the problem with your entry. The entry was evaluated as - sell cvs 1 490. This issue is being worked on currently. We are looking at implementing a option to have a confirmation message other other options. The following would work sell cvs 1 490000 sell cvs 1 .49mil BE VERY CAREFUL WITH YOUR CLI ORDERSI should know - I made some misplaced orders as well. Thanks a lot! |
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Just entered the following command and thought that it will add ask for 490,000
sell cvs 1 490,000
But instead I got COMMAND RESULTS:
Sold 1 units of cvs at 215000 m/unit, for a total of 215000m.
Before that the same happened with
sell cvs 2 490,000
it has been just sold to the highest bid.
Am I doing something wrong?
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 The new .999 Fine Silver physical Moneroj are now available for purchase at cryptonic.net |
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The latest batch of 50 pure silver physical Moneroj 2015 is almost ready for shipment. The coins will look very similar with the previous ones. The main difference is the slogan. This time it's the fundamental qualities of Monero in Esperanto: Sekura. Privata. Nespurebla. We have also created a short video about 2014 Moneroj  https://www.youtube.com/watch?v=v6xuvoKc5VM |
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So no economic reasoning whatsoever to the choice of approx 0.9% inflation?
There is plenty of economic reasons, first being to secure the network,[/b] without network no transactions, like rpietila said its close to what gold is now. 1% is bellow the long-run ideal inflation on a large scale economy (believed to be 2%). 1% runs of the risk of deflation with eventual lost coins it will become de-facto deflationary in the long run. I didn't say tail emission was a bad idea. I agree with it. It just shouldn't be a "magic number" value. And Monero is NOT gold. Most everything about it is quite different than gold. There seems to be no logical reason to choose that value based on "that's how gold is". It wasn't logical, it was indeed a magic number (at least 1% was; 0.3 coins/minute is derived from the 1%/year) chosen at the start more or less arbitrary manner based on subjective views of what was useful to do. If it turns out to be a disastrous choice with horrible consequences, then Monero will fail. This is an experiment. Sure, we can just say "hey it is an experiment". But wouldn't it be nicer to have a logical economic reasoning with maybe not precisely predictable results, but at least an intelligently planned results? I already see interesting brain storming in the last few posts. Generally the less magic numbers, the better. Something for Monero Research Labs maybe... EDIT: If I'm dragging this on in the wrong thread just ask and I'll happily move it elsewhere. I think it is befitting to realise that "intelligently planned results" does not just happen, especially in such an inherently wishy-washy subject as economics. It's akin to hubris to believe we can "fix" it with the "perfect formula", because the world and the economy is such a dynamic place. There are too many variables inflicting upon that little special reward percentage for THAT to be the 'magic number'. I can get behind the "let's experiment based on a finger in the air" approach as a 'better than' solution. Especially because no currency is eternal, and eventually something else and better comes along and Gresham's Law applies. With a low percentage of 0.9% I do believe that coins lost will be larger than the emission. Economies are the living entities. The same may relate to the currencies. One point of view is that they are being created and ruled by human beings. But another one that they use human beings for their own needs of existance and development. So who knows probably the magic numbers are not so random... They could be a part of global plan of Monero as an intelligent system to conquer the world and make it a better place by attracting the right people who will provide the right set of various variables and opportunities to get strong evolutionary advantages in the long run. |
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125 more donated.
TX ID: 6883b35904c46fef9a4356342fdb066527c20f4a26ace984a45c430388ce0029
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Monero is on the 4th place in volume 24 h
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Thank you, David! Vitamins for my mind. |
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I didn't want to withhold this from you guys, it is pretty hilarious in fact -> http://pastebin.com/pPNf8y6LMight have, next to the awareness Peter Todd raised, sparkled some of the rally. LOL |
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136 more donated. PM Sent
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Where are you trading at and with what app? I'm using Poloniex for buying my Monero, but the UI is soooo slow and nearly broken on my android.
Polo crashes my phone, and my mediocre laptop barely functions. Crazy resource hog. Since I don't trade much, I can put up with it to buy my moneroj. It sure would be nice to have a 'light' version with fewer features though. I also don't trade much and would not attempt it at Polo on my new android phone. I find it almost impossible to scroll through the order book. I did cancel an order once. To check the price I use bitcoinwisdom, no lag at all. One stop shopping  There is a great free Android app, zTrader: https://play.google.com/store/apps/details?id=co.bandicoot.ztraderYou can add Polo API keys there and trade Monero or anything else. It works flawlessly. |
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Finally very good site! That's really great!
I enjoyed the missives as well!
Thanks!
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