I've updated the OP to clarify that there is no fee for the escrow service. Tips are accepted.
If I hold the coins for the order book and there is a trade, I keep the interest. If there is no trade and I send the coins back I'll send back an estimate of the interest.
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Running .9.2 on windows 64, 100% synced, status says:
...v1, up to date, 8+0 connections
can someone give me explicit instructions to get connected?
thanks
What do you mean "get connected" ? From the above it looks like you are connected, although incoming connections might be blocked by a firewall. That's not critical to fix unless you are comfortable messing with firewall settings.
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@parker928
Most likely invalid address means you typed in the address wrong. It is also possible you put the argument in the wrong order.
You should wait for it to finish syncing before trying to transfer though.
Thought so. can you please remind me what the exact format is, i forgot where exactly the spaces go or if there are commas and parentheses etc. i have been holding for 18 months so its hard to remember how to work this damn thing transfer [mixin] address amount [payment-id] The items in [brackets] are optional. how do i use -- verify command? I typed exactly that "--verify 0" and "-verify 0" and "verify 0" none of those helped to speed anything up! i must be missing something It is used with blockchain_import and the downloaded bootstrap. blockchain_import --verify 0 blockchain.raw I think. May be slightly off, in which case hopefully someone will correct it. I'm not really sure what that means... You download the file blockchain.raw from getmonero.org. Instead of syncing the daemon, you use the blockchain_import utility to import the raw file. The optional '--verify 0' option makes the process go much faster but skips all safety checks. If you aren't comfortable with a procedure like this the best thing to do is be patient and let the daemon sync by itself. EDIT: The correct format for the blockchain_import command (with '--verify 0' added optionally) is blockchain_import --input-file blockchain.raw
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@parker928
Most likely invalid address means you typed in the address wrong. It is also possible you put the argument in the wrong order.
You should wait for it to finish syncing before trying to transfer though.
Thought so. can you please remind me what the exact format is, i forgot where exactly the spaces go or if there are commas and parentheses etc. i have been holding for 18 months so its hard to remember how to work this damn thing transfer [mixin] address amount [payment-id] The items in [brackets] are optional. how do i use -- verify command? I typed exactly that "--verify 0" and "-verify 0" and "verify 0" none of those helped to speed anything up! i must be missing something It is used with blockchain_import and the downloaded bootstrap. blockchain_import --verify 0 blockchain.raw I think. May be slightly off, in which case hopefully someone will correct it.
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@parker928
Most likely invalid address means you typed in the address wrong. It is also possible you put the argument in the wrong order.
You should wait for it to finish syncing before trying to transfer though.
Thought so. can you please remind me what the exact format is, i forgot where exactly the spaces go or if there are commas and parentheses etc. i have been holding for 18 months so its hard to remember how to work this damn thing transfer [mixin] address amount [payment-id] The items in [brackets] are optional.
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@parker928
Most likely invalid address means you typed in the address wrong. It is also possible you put the argument in the wrong order.
You should wait for it to finish syncing before trying to transfer though.
Thought so. can you please remind me what the exact format is, i forgot where exactly the spaces go or if there are commas and parentheses etc. i have been holding for 18 months so its hard to remember how to work this damn thing anyway i think the address i am trying to send to is a newly created address so the daemon may not recognize it because it is only synced to like 900,000 blocks so maybe if that wallet was created within the last 100,000 blocks the daemon just doesnt know it yet. interesting wait nvm it seems i am only 10% done syncing...where can i go to get a downloaded blockchain so i dont have to wait 24+ hours for this to finish There is a bootstrap you can download from getmonero.org, but the import process (blockchain_import) is fairly slow. You can choose to fully trust the download with --verify 0 which will speed it up. Or wait.
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The only difference the fork makes with respect to blocks and rewards is that target block time (currently 1 minutes) will double (to 2 minutes) and the current reward per block (currently about 6.75) will double (to about 13.5). The alert will notice this means no change in the rate of supply.
so the rate will be cheap than now, right? Let me bold that for you above
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@parker928
Most likely invalid address means you typed in the address wrong. It is also possible you put the argument in the wrong order.
You should wait for it to finish syncing before trying to transfer though.
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Removed for off topicPoor like abused child is back. Do you realize your posts look similar to her's though ? In a few days your post will look like that after you have dumped albeit there will be some level faggotry subtleness involved. Yet she is the bad girl for now? I also saw your trades ...lmao keep lying to yourself about your self worth sister. Way to go ...
You have proved yourself to the world hun. Everything has turned out A-Ok, Daddy's proud.
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its forking the same as halving?
No. That, and Monero doesn't have halvings at all. The block reward drops a tiny amount with each block. so forking is drops of block reward, and what its mean for the rate? is this gonna up or even the worst gonna down? i am sorry, i need more explain, i am newbie of this. thank you The forking has nothing to do with the block reward. It has always dropped by a tiny amount with each block. The only difference the fork makes with respect to blocks and rewards is that target block time (currently 1 minutes) will double (to 2 minutes) and the current reward per block (currently about 6.75) will double (to about 13.5). The alert will notice this means no change in the rate of supply.
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its forking the same as halving?
No. That, and Monero doesn't have halvings at all. The block reward drops a tiny amount with each block.
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I'm dumping 300xmr/day, whatever the price..
Everyone sell now, we're doomed.
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Hi guys I am a noob but I have monero in an old wallet from 8.3.3
I have my keys file and address file and password as well. can anyone please instruct me on how to import them into the new wallet
.keys file should still work. If not check back for more help.
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looks like we have no buys, so it doesn't make sense to have sell offers anymore. please remove.
Updated. Also we have a "new have no buys" special on the 5K escrowed coins. 0.357 BTC for all 5K.
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I just updated to this brand new simplewallet. https://github.com/monero-project/bitmonero/releases/tag/v0.9.2Simplewallet can be used to make an ordinary wallet. The way that simplewallet itself creates mnemonic seed, address, spendkey and viewkey. Simplewallet can be used to make an ordidinary wallet by already known address, spendkey and viewkey. Simplewallet can be used to make a view-only-wallet by allready known address and viewkey. How simplewallet can be used to make an ordinary wallet by already known mnemonic seed? You can restore the seed, which will create a new wallet. Subsequently if that new wallet is created you can extract the spendkey and viewkey from it. To expand on this, use this command: simplewallet --restore-deterministic-wallet It will prompt you for the seed and a new password to be used for the new wallet file
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Interesting. This creates an additional exchange risk that could impact those that do not lend for margin trading. TLDR "Hold your own private keys"
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Investing in any altcoin cryptocurrency means to make a big bet for a future that may never come.
FTFY
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...
I believe it has never happened, yet.
The actual terms are somewhat more complex, but no question the lender is taking some risk.
Also, even if hypothetically the loan were 100% safe (though I'm not really sure how that would be possible), funds on an exchange are not. ...
https://www.bitfinex.com/pages/howitworks3. Margin Funding
Our peer-to-peer margin funding feature goes hand in hand with the margin trading feature described above. If you are not a trader and prefer steadier returns, this feature may be for you.
Bitfinex allows you, using your Deposit Wallet, to provide margin funding to other traders in the form of bitcoins, litecoins, ethers, and/or US dollars. You can enter offers with your own chosen terms (daily rate of return, duration, and amount). When an offer is taken by a trader, the money in your wallet will be used to buy or sell bitcoins, litecoins, and/or ethers, a margin funding contract will be opened. When the position closes the funds used in that position are returned to your wallet. Fees to the funding providers are paid daily at approximately 1:30 UTC.
You are not exposed to exchange risk when providing margin funding with Bitfinex. The exchange risk is taken on by the trader, and in the case that the position loses money, the trader will cover the loss using funds in his trading wallet.
... my question here is who covers the part of the loss that is not covered by the traders equity? This can happen in a fast moving market where a margin call results in a loss in excess of the traders equity. The answer in the case of bitfinex seems vague. Here is a discussion from a year ago https://www.reddit.com/r/BitcoinMarkets/comments/2h2tfe/question_for_bitfinex_can_you_please_explain_in/I don't know if there is anything more recent, but I gather (don't rely on this necessarily) that Bitfinex has said they will cover the losses, but only up to their ability to pay, or perhaps the amount in an insurance fund. It is not really clear.
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Tried to make a loan offer and got error "loan must be 5% or lower". My Open Loan Offers Coin Rate Amount Duration Auto-renew Date XMR 5.0000% 450 2 Days Off 2016-03-19 17:48:4 And whats with this 2 day minimum? Guess it's not really a free market over there. it's to ensure the shorters can have a chance of making money before having to close their position. anyway... if u are a megabull, just lend a lot, wait til its borrowed, then pump the market yourself, cancel your shorts and squeeze the shorters into buying higher. really evil but given the relatively illiquid markets at polo you only need a few $100k usd to pull this off in a big way. #freemarketftw edit. that lending rate is daily. and polo takes 15% of your profit from the lending. also, lending is not guaranteed to be safe. polo says that if the person borrowing defaults in a margin call bit their total account balance is below 0 after liquidation, the lender eats it. The lender eats it??. Ooops, I didn´t know it!. Do you know how common is it?. Does Polo notifies you in case of happening?. I thought it were 100% safe, I think Im going to replanteate my lendings... Tons of useful info Bitjedi! I believe it has never happened, yet. The actual terms are somewhat more complex, but no question the lender is taking some risk. Also, even if hypothetically the loan were 100% safe (though I'm not really sure how that would be possible), funds on an exchange are not. If the value of the assets in your Account falls below the maintenance margin requirement or Poloniex determines, at its sole discretion, that your Account appears to be in danger of defaulting on a loan, Poloniex may seize and liquidate any or all of your positions and assets on any balance in your Account in order to settle your debt to lenders. If, after your positions and assets are liquidated, your account still contains insufficient funds to settle your debts to lenders, you will be responsible for any additional funds owed. Intentionally defaulting on a loan may result in Poloniex reporting your activities to authorities and/or in legal prosecution.
Although Poloniex takes several precautions to prevent a user from defaulting on a loan, the high volatility and substantial risk of illiquidity in markets means that Poloniex cannot make any guarantees against default. When you lend to other users using the Platform’s P2P lending system, you risk the loss of an unpaid principle if the borrower defaults on a loan and liquidation of the borrower's account fails to raise sufficient funds to cover his or her debt.
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are you guys loaning out on polo ive been collecting at around like 0.02% rate wish it could be higher.
Is the rate for specified term, or compounded daily, or? It is a daily rate for a maximum term that you specify. The borrower can pay back early. There is no compounding until the loan is paid back and you reinvest the proceeds (at the then-available rate).
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