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1  Alternate cryptocurrencies / Altcoin Discussion / Re: --* Monero Community Hall of Fame *-- on: July 16, 2014, 09:18:17 PM
I think honor is enough for kyu grades. For Dan levels, you should contact the treasurer in advance and he will give you something that resembles a satoshimessage (or whatever that identifies you).

Please the ones who already donated, post your sum and donation day. Earliest date takes preference in the listing order, and the sum of your all donations count towards a level.
Great idea, and hilarious choice of currencies (the last four).  I donated 25 XMR on July 11th.
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 11, 2014, 07:55:10 PM
To which address should I send some of my XMR?

The donation addresses are in the OP:

Donations for general development

XMR:
Code:
46BeWrHpwXmHDpDEUmZBWZfoQpdc6HaERCNmx1pEYL2rAcuwufPN9rXHHtyUA4QVy66qeFQkn6sfK8aHYjA3jk3o1Bv16em
viewkey: e422831985c9205238ef84daf6805526c14d96fd7b059fe68c7ab98e495e5703

BTC:
Code:
1FhnVJi2V1k4MqXm2nHoEbY5LV7FPai7bb
Done!
Wow, it went through fast!  Is XMR designed to be faster than BTC for basic transactions such as this one?

XMR currently has one minute confirmations, which means initial confirmations will go through very quickly, but more confirmations are needed for a high level of security (for example, some of the current exchanges require >15 confirmations to release funds for XMR while 6 is standard for BTC and some sites will accept 3 or maybe less).


Got it.  And how does XMR compare with BTC on a per confirmation basis?  Could sweat it took much longer that one minute per confirmation when I transferred BTC between exchanges recently.  Assuming XMR is faster on a per confirmation basis, this is another thing that should be conveyed more plainly to the computer-illiterate public at large.
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 11, 2014, 07:45:38 PM
To which address should I send some of my XMR?

The donation addresses are in the OP:

Donations for general development

XMR:
Code:
46BeWrHpwXmHDpDEUmZBWZfoQpdc6HaERCNmx1pEYL2rAcuwufPN9rXHHtyUA4QVy66qeFQkn6sfK8aHYjA3jk3o1Bv16em
viewkey: e422831985c9205238ef84daf6805526c14d96fd7b059fe68c7ab98e495e5703

BTC:
Code:
1FhnVJi2V1k4MqXm2nHoEbY5LV7FPai7bb
Done!
Wow, it went through fast!  Is XMR designed to be faster than BTC for basic transactions such as this one?
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 11, 2014, 07:37:12 PM
---

I don't know what I just read but I want the drugs you have;)
Lets party begins with Mr. Ricardo!
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 11, 2014, 07:27:58 PM
To which address should I send some of my XMR?

The donation addresses are in the OP:

Donations for general development

XMR:
Code:
46BeWrHpwXmHDpDEUmZBWZfoQpdc6HaERCNmx1pEYL2rAcuwufPN9rXHHtyUA4QVy66qeFQkn6sfK8aHYjA3jk3o1Bv16em
viewkey: e422831985c9205238ef84daf6805526c14d96fd7b059fe68c7ab98e495e5703

BTC:
Code:
1FhnVJi2V1k4MqXm2nHoEbY5LV7FPai7bb
Done!
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 11, 2014, 06:57:32 PM
Wow mintpal! What a cheater.... dropped at 0.00250004 and my order is just at 0.00250003  Angry
Like I said, nobody buys at the bottom...

Because nobody know where is a bottom.
That is not quite true: I know exactly where my bottom is, and with any luck will know exactly where Juanitas' is too, as I lie back in my hamaca and watch whales from my beach hut on the Pacific coast of Mexico.  But as for knowing market bottoms in advance, this is a fool's game.  The point is to find something worth investing in and then INVEST and HOLD.  There is no getting to the bottom of market irrationality.
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 11, 2014, 06:48:55 PM
Need your opinion, community members... I've just thought about kickstarter,

https://www.kickstarter.com/

Is their politics compatible with Monero goals particulary and crypto-currencies in general?
...
after this one:

https://www.kickstarter.com/projects/324283889/potato-salad?ref=nav_search

(since kickstarter's politics had been changed indeed, that's why potato salad became possible at kickstarter)

what about Monero @ kickstarter?

Work is progressing quite rapidly on a funding system where everyone will be able to fund specific features / tasks. The main reason for donations at present is to enable us and some of the other devs to allocate much larger blocks of time to Monero on an ongoing basis until that system is ready to go:)
To which address should I send some of my XMR?
8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 11, 2014, 06:41:02 PM
Wow mintpal! What a cheater.... dropped at 0.00250004 and my order is just at 0.00250003  Angry
Like I said, nobody buys at the bottom...
9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 10, 2014, 02:19:51 PM
Why the fuck isn't XMR surpassed DRK yet, XMR is the only good anonymous coins, the rest are SHITTY GIMMICKS. This coin should be at 0.1. People aren't aware of the value of this coin. In a fair world with common sense this coin would eat Litecoin alive.

I have my own opinion on this.

Few months ago I was a DRK holder and believed in Evan Duffield. I still suppose he is honest person. But his developer skill is not sufficient for such a fundamental thing as anonymity.

Moreover, I made some profit trading DRK, and withdrew (with converting) it to cold BTC wallet during first DRK deploy fail (to the main net), when first hard fork issue damaged the DRK world-wide. I did quickly understood, at that 1st crush, DRK has no future.

But how much was my astonishment, that few days later DRK price returned to the almost previous top. So I could relax, wait few days, and STILL could withdraw/convert DRK to BTC with high profit!

That's all about human psychology. It works the way I can not predict, the fully irrational way.

The most beautiful demo of such an psycho effect was during SECOND DRK deploy fail. Price had repeated the come-back effect, and if I were crazy stupid I could make almost the same profit TWICE! But I had turned to XMR already to that moment.

Your question is much more deeper than it appears. May be not to be discussed for this thread, if you will resume on another - let me know. Smiley

All we being XMR holders & adopters should extract a lesson from DRK destiny. But currently I absolutely don't imagine what such a lesson consist of... Sad


Somehow perverse to quote Keynes in a bitcoin forum, but really he got it right, at least in this instance: 'The market can remain irrational longer than you can remain solvent.'  The good news is that if you believe in XMR and have some spare funds you can just buy and hold until the irrationality comes to an end - which it always does, eventually.  The worst that can happen is that you lose 100 percent of your presumably already disposable investment, since there is no need for leverage here (the sky is literally the limit for real potential profit). Finally, if you buy some XMR and then the price drops, keep in mind (a) that there really was no way of knowing what was going to happen before it happened, and (b) with the market still far from being liquid, there is a reasonably high chance that it was your own purchase that set the wheels in motion for the subsequent drop (in ways that even a clairvoyant with PhDs in psychology and economics would be unable to figure out).  Finally number 2: if you are a serious XMR investor, for Pete's sake don't obsess over getting the perfect entry price: (a) nobody buys at the bottom, which can only be known in retrospect, (b) if the coin really takes off then you will have plenty of opportunity to hang on that much longer before selling (or better still, spending with) it, and thus secure the same ROI overall.  Finally number 3: personally I would worry much more about not getting in the game right now and missing a huge and permanent spike in the near to medium future than about the price dropping after you make your purchase.
10  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 10, 2014, 01:39:48 AM
 If the state really wants to come down on our freedoms, it will, sorry.

Real life isnt a Hollywood movie with good cop ending. No it wont  if you are clever enough.

That being said i am sure Bitcoin is enough for your needs.

Using Bitcoin wanting to protect your stash from prying is a real pain because you have to take extra precautions and use other services, while with Monero you can just have one address and use different levels of mixing when sending transactions to match the level of privacy you would like to ensure, this is what bitcoin had to be since day one, but they got most of the people saying its a plus for accountability, and it really is and thats why I think bitcoin and monero will co-exist.
So let's say I get stinking rich with XMR next week, and move immediately to the Pacific coast of Mexico with the intention of sipping margaritas and watching whales from my beach hut with a chica at my side so hot I know it's only because I'm rich but I don't care because I'm just so stinking rich: will I have to wait for businesses to accept XMR directly before I can order refills (of the drinks, and possibly also the chica, if she misbehaves) online, or is there some way to tap into the already existing BTC marketplace while enjoying XMR anonymity?

good question lol, and in the scenario you get rich from XMR, it will for sure be accepted in lots of places so in the ideal world you trade services directly with xmr, otherwise you'll have to deal with xmr->btc or even xmr->btc->cash transactions.
And if the latter, will my XMR anonymity be preserved?

absolutely, no one will ever know the size of your original xmr stash, only possible to know is what was converted to btc and/or cash.
But that's amazing!  I'm in.  What are people waiting for?

This all depends (right now at least) what country you plan on cashing out on - for example, as a us citizen, i'd have to pay major capitol gains on taxes to explain how i got so rich and moved to mexico.

Right now, in this early stage, EVERY country has differnet btc rules/laws. you can't just say oh i can cash out my xmr tomorrow on whatever exchange and get rich anonymously. where is the brain behind that idea again? sorry, just being real, cuz this seems kinda out there to me, other than the protocol and design, but still it won't help you cash out btc in the uSA right now.. just sayin.... :\  

EDIT / TL;DR - i understand the whitepaper, i'm a nerd. what I don't understand is people assuming they can cash it all out on btc anonymously. thx!
Who said anything about cashing out?  Why would I want to do that?  I just don't want my sweet Juanita's gangster cousin Carlos to be able to trace my latest online purchase (for which I will be happy to pay all taxes, including capital gains) back to my XMR hoard. 
11  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 10, 2014, 01:31:31 AM
  If the state really wants to come down on our freedoms, it will, sorry.

Real life isnt a Hollywood movie with good cop ending. No it wont  if you are clever enough.

That being said i am sure Bitcoin is enough for your needs.

Using Bitcoin wanting to protect your stash from prying is a real pain because you have to take extra precautions and use other services, while with Monero you can just have one address and use different levels of mixing when sending transactions to match the level of privacy you would like to ensure, this is what bitcoin had to be since day one, but they got most of the people saying its a plus for accountability, and it really is and thats why I think bitcoin and monero will co-exist.
So let's say I get stinking rich with XMR next week, and move immediately to the Pacific coast of Mexico with the intention of sipping margaritas and watching whales from my beach hut with a chica at my side so hot I know it's only because I'm rich but I don't care because I'm just so stinking rich: will I have to wait for businesses to accept XMR directly before I can order refills (of the drinks, and possibly also the chica, if she misbehaves) online, or is there some way to tap into the already existing BTC marketplace while enjoying XMR anonymity?

good question lol, and in the scenario you get rich from XMR, it will for sure be accepted in lots of places so in the ideal world you trade services directly with xmr, otherwise you'll have to deal with xmr->btc or even xmr->btc->cash transactions.
And if the latter, will my XMR anonymity be preserved?

absolutely, no one will ever know the size of your original xmr stash, only possible to know is what was converted to btc and/or cash.
But that's amazing!  I'm in.  What are people waiting for?

people are crazy is all. xmr is so undervalued. i suppose it simply doesnt have a flashy advertisement campaign. i hope merit can overcome its lack of marketing.
Call me stupid, but I actually like the Monero website: no bullshit bling, just the facts, very easy to use, and the logo looks both serious and cool.
12  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 10, 2014, 01:18:27 AM
  If the state really wants to come down on our freedoms, it will, sorry.

Real life isnt a Hollywood movie with good cop ending. No it wont  if you are clever enough.

That being said i am sure Bitcoin is enough for your needs.

Using Bitcoin wanting to protect your stash from prying is a real pain because you have to take extra precautions and use other services, while with Monero you can just have one address and use different levels of mixing when sending transactions to match the level of privacy you would like to ensure, this is what bitcoin had to be since day one, but they got most of the people saying its a plus for accountability, and it really is and thats why I think bitcoin and monero will co-exist.
So let's say I get stinking rich with XMR next week, and move immediately to the Pacific coast of Mexico with the intention of sipping margaritas and watching whales from my beach hut with a chica at my side so hot I know it's only because I'm rich but I don't care because I'm just so stinking rich: will I have to wait for businesses to accept XMR directly before I can order refills (of the drinks, and possibly also the chica, if she misbehaves) online, or is there some way to tap into the already existing BTC marketplace while enjoying XMR anonymity?

good question lol, and in the scenario you get rich from XMR, it will for sure be accepted in lots of places so in the ideal world you trade services directly with xmr, otherwise you'll have to deal with xmr->btc or even xmr->btc->cash transactions.
And if the latter, will my XMR anonymity be preserved?

absolutely, no one will ever know the size of your original xmr stash, only possible to know is what was converted to btc and/or cash.
But that's amazing!  I'm in.  What are people waiting for?
13  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 10, 2014, 01:05:02 AM
  If the state really wants to come down on our freedoms, it will, sorry.

Real life isnt a Hollywood movie with good cop ending. No it wont  if you are clever enough.

That being said i am sure Bitcoin is enough for your needs.

Using Bitcoin wanting to protect your stash from prying is a real pain because you have to take extra precautions and use other services, while with Monero you can just have one address and use different levels of mixing when sending transactions to match the level of privacy you would like to ensure, this is what bitcoin had to be since day one, but they got most of the people saying its a plus for accountability, and it really is and thats why I think bitcoin and monero will co-exist.
So let's say I get stinking rich with XMR next week, and move immediately to the Pacific coast of Mexico with the intention of sipping margaritas and watching whales from my beach hut with a chica at my side so hot I know it's only because I'm rich but I don't care because I'm just so stinking rich: will I have to wait for businesses to accept XMR directly before I can order refills (of the drinks, and possibly also the chica, if she misbehaves) online, or is there some way to tap into the already existing BTC marketplace while enjoying XMR anonymity?

good question lol, and in the scenario you get rich from XMR, it will for sure be accepted in lots of places so in the ideal world you trade services directly with xmr, otherwise you'll have to deal with xmr->btc or even xmr->btc->cash transactions.
And if the latter, will my XMR anonymity be preserved?
14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 10, 2014, 12:39:31 AM
 If the state really wants to come down on our freedoms, it will, sorry.

Real life isnt a Hollywood movie with good cop ending. No it wont  if you are clever enough.

That being said i am sure Bitcoin is enough for your needs.

Using Bitcoin wanting to protect your stash from prying is a real pain because you have to take extra precautions and use other services, while with Monero you can just have one address and use different levels of mixing when sending transactions to match the level of privacy you would like to ensure, this is what bitcoin had to be since day one, but they got most of the people saying its a plus for accountability, and it really is and thats why I think bitcoin and monero will co-exist.
So let's say I get stinking rich with XMR next week, and move immediately to the Pacific coast of Mexico with the intention of sipping margaritas and watching whales from my beach hut with a chica at my side so hot I know it's only because I'm rich but I don't care because I'm just so stinking rich: will I have to wait for businesses to accept XMR directly before I can order refills (of the drinks, and possibly also the chica, if she misbehaves) online, or is there some way to tap into the already existing BTC marketplace while enjoying XMR anonymity?
15  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 10, 2014, 12:12:22 AM
Beautiful.  And so is Mexico - don't believe what you hear in the gringo news.  For my wealthy Mexican friends, anonymity in their banking business is something they have so far only been able to dream of (they can't even trust their local, poorly paid bank tellers - kidnapping is a very real, day to day fear as a consequence).  I'm in, and I'm sure they will be too.
16  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 10, 2014, 12:00:00 AM
OK, so there is no such thing as a completely anonymous crypto coin.  I get it.  Also, like most people, I accept that if the US govt. really wants to find out what I am up to financially or otherwise, they will be able to do this.  Call me a traitor to the crypto movement, but I really don't give a rat's ass about the NSA, wikileaks, Snowden, etc.  If the state really wants to come down on our freedoms, it will, sorry. That said, would one of you crypto nerds please answer the following question: If I become stinking rich buying XMR at current prices and decide to retire down in good old Mexico in two years (or less - more likely) with chicas and tequila, will the anonymity it does provide at least protect me from Mexican gangsters?  If you can assure me that it will, then of course I'm in.
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