That tears it. I'm ignoring everyone.  But I brought you ice cream and a flower...  This feels like a trap. Let me guess, fees were too high? Confirmation took too long and the ice cream melted? Then you used <insert alternative cryptocurrency> and it was so user friendly? BitcoinFlower, and BitcoinIce. They will be the new bitcoin. Watch for it. Confirmation before wilt or melt, Guaranteed! |
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The Moon. It is black and orange  Ha! Well spotted. I can see it peeping through the curtains. Nite all, am in european timezone... /crypto day I'm in crypto time zone. No, I never sleep. |
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EDIT: BTW, Explorer - I guess you have also spotted how the odd mention of Monero in the WO thread is allowed to pass through the velvet rope. Far more of the smarter people are keeping Monero quietly in their portfolio, it seems
I made an oblique comment not too long ago, didn't mention Monero at all, and got chewed well for my pains - all because of my avatar  I think lots of them have me on ignore for the very same reason. The fear is palpable. The most vocal over there are your typical loudmouths. Head firmly in sand or ass, refuse to see what is going on. And that's OK. Everybody pays to play, one way or another. The Moon. It is black and orange |
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This is something that bears watching, IMO: http ://redditmetrics.com/r/Monero Out of 1.2 million /r/, Monero is: No. 104 Fastest growing yesterday No. 117 Fastest growing last 7 days No. 201 Fastest growing last 30 days No. 427 Fastest growing last 90 days Over 1000 new subscribers per day, and accelerating. Sure, all of crypto is expanding, but to me this indicates that Monero is receiving its share of attention, and more. Ranked near top 0.1% (for # subscribers on that site) and exploding upward. This is visibility, adoption, exposure, whatever you want to call it. Here it comes.
'Build it, they will come'. It works. Monero will prove it.
Yeah. This. |
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I'd like to dip/anonymize my BTC holdings into Monero and then right back again to fresh BTC addresses into long-term cold storage no one can track from previous BTC addresses on the blockchain. I don't have a lot of experience with Monero and am wondering the best practices in doing this.
Seems like washing your car in a dust storm, but you could do something like this: Deposit BTC to a high enough volume exchange that supports Monero. Transfer Monero to alternate exchange (or just trade back on first exchange, if you are not sufficiently paranoid), withdraw BTC to chosen wallets. Repeat each time you do a BTC transaction. Or just use Monero. You will eventually, so just get ahead of the curve. |
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Thanks  You sir are a dedicated individual. Yes, one of many, I know, but visible everywhere. Your tireless efforts on many fronts over the years are greatly appreciated. Cheers! |
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You do know about bulletproofs cutting tx fees by 80% in the next few months, right?
All of the alts are actively working on ways (or already have) to reduce fees and increase scaling. The only crypto that isn't doing anything about it is BTC.
I actually had not thought that bulletproof will decrease the fees also. Will it? But significant is, that it will decrease the transaction size. That is really something. Probably bulletproof will happen at autumn 2018.
Bulletproofs likely to be in the Q1 2018 upgrade. Not only do they reduce transaction size by 80%, but transaction fees as well, AND the whole process is faster. Tx fees going from under a buck to under a quarter is alright, I guess. /s I was very bullish about Monero for q1 and 2 2018, but i didn't have the current fee situation in mind, and this WILL become a problem if its not solved rather quickly. Crypto will accelerate in 2018 we have seen nothing yet and if monero gets to expensive to use just telling people wait for lightning won't cut it. No matter how good the privacy is. i think the community here underestimates the problem of expensive transactions.
Current fee situation is really not bad, if you choose to pay the lower fees. If you choose higher fees, then that is of course up to you. Privacy costs a premium, but a very modest one. Currently a typical simple transaction is under a dollar, if you choose the minimal fee. With no backlog of tx to process, the lowest fee usually puts you in the next block or two. Soon, the default fee will be under a dollar, and the cheap seats will go for far less - see above. |
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everyone wants to sell before a dump then buy at a lower price to get more coins
It might surprise you, but I think a substantial portion of the people inhere don't. They just hold and buy more, never sell. It's a scarce commodity. Dumping is risky. Fewer XMR come into being each day than the last. Exponentially more exposure every day. That alone is going to require a pressure suit to deal with. Bullet Proofs, hard wallets, soft wallets, exchanges, vendors - This is all accelerating together. Andreas' recent talk exactly described Monero, though he disdains to mention it by name. People are starting to click that fungibility is a thing, and they don't have it. Short term, ask range driver or someone. Mid to long term, I can't help but be ridiculously bullish. |
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From Kraken's announcement: Remember that if you are publicly advertising your involvement with cryptocurrencies, you are making yourself a target. Be extra careful guys! We don't want a $5 wrench unlocking our wallets! I'm just sitting here waiting to be kidnapped by thugs. It's bound to happen. Address? |
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why you speak about a dump? i do not find any reason for this....instead i think we are going up from now again. i bought more just because is cheap. i mean is better to buy at 242 from 270 or more later i have coins from the time of 20 eur and less... since then i only buy... Staying above $300 for the most part. $300 DOLLARS!Remember Risto's probability case( I think we were ~30 cents at the time ) for each of: $3 $30 $300 $3000 ? I would suspect that we are in for another 10x somewhere in the next year. What then?   |
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He's got a point about the handfull of half working exchanges.
4 years to prepare for the next order of magnitude surge, and it seems they did fuck all. |
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Finally was able to make a Bitcoin withdraw and the tx shows up on the network. I'm done with Kraken. I'm done with kraken as soon as i manage to withdraw funds. Haven't prooved ID so can only withdraw tiny bits, after refreshing the withdraw page 20 times, once per day I gave up trying to log in a loong time ago (last transaction was around the $600/btc range lol). Honestly don't even remember what I have left there. It's not much It wasn't much, but could be as much as 1 btc and a few hundred bucks.  Probably not that much, but I think I will wait for a new multi-slice toaster before I exercise that frustration again. |
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is there any write up about tx fees in monero and the mentality towards fees by the monero team? thanks i mean is this statement representative for the dev team: "Note that to support "microtransactions", Bitcoin and Monero are likely to support systems like the "Lightning network" in order to radically reduce the cost of small payments in the future. " from here: https://www.monero.how/monero-transaction-feesThis explains how it all works, if that would help. https://getmonero.org/2017/12/11/A-note-on-fees.html |
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Is a new fork? where can i sell it? I think it's a joke, if the quotes brought forth are accurate. Of course, so are several of the others, and it hasn't made them worthless... Greater Fools, Free Money, and all that. |
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There's also xmr.to
it takes a cut of like half a percent or something.
Right now the limit is 9.391 btc, so at least you don't have to make a bunch of transactions.
P.S. Is there a DDOS attack on bitcointalk? It's abysmally slow.
Oh wow that's a higher limit than I recall... It's an option, then. |
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Does anyone have any advice on the best way to sell some Monero? I've been holding since 2015 and I'd like to take some profits. I'm US based.
What I want is to sell about $100,000 over the next week or so. How do others here do it? I have accounts at Coinbase and Kraken.
Kraken is nonfunctioning at the moment. People are having a hard time getting money out. The site is useless.
I could go XMR ->Shapeshift ->LTC -> Coinbase ->USD, I suppose, but one can only sell small amounts at a time through shapeshift. Doing it this way would involve multiple transactions.
Is there a better way? Faster? Cheaper? What do you guys/gals do?
Thanks.
I heard quite recently that Kraken had improved... Did you try today? Despite their inadequacies, if you are not in a panic, that's probably simplest. Or set up as a Globee vendor, and pay yourself in XMR->$ |
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The good news is non-Bitcoins undeliverable in January are still above $17k  Which is kind of dwarfed by the fact there's a double top off a parabolic rise. Since all this shit is nothing but scams, what happens is, if NOBODY shorts the double top, it crashes. If somebody shorts, they then try to squeeze the shorters. So market has no real fundamentals or price structure at all, just based on who can scam the hardest. True. 9 hours since the last ATH. Go home, boys. No good can come of this. |
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Whats going on with bitfinex?
Someone wasn't informed that the candle was decorative. It has been lit, and now it melts rapidly. |
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