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Very well written Anonymint.
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Survived the first attack on 0.007 but it's going to have to hold at least once or twice more today - my guess is it won't be able to and we will move to 0.0065 for a while before testing 0.006 in about 4-6 hours from now
It all depends on what btc does |
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High 8000's and low 9000's have been my prediction for the next bubble too. the next bubble could be very high, the problem is the next bubble wil never come if we keep going on like this. the blocksize debate that has been going on for so long and still is not resolved, and the centralization and censorship are slowly killing bitcoin, and people are moving on to altcoins because bitcoin just does not support increased capacity at the moment. the price won't magically rise without the transaction volume also rising. limit the transaction volume, limit the price and limit the amount of users. the remaining users will flee. The transaction volume is despite the problems 5 times higher than at the top of the last bubble. |
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Wanted to get access to my cold wallet account which I have on a usb stick. Used my old laptop (windows) and Bitmonero which I downloaded a while back. The network isn't syncing. So I downloaded a new version and transfererad my wallet to that versions directory. The new version doesn't have a birmonerod.exe. It has monerod.exe. Is that the same thing? How do I transfer the library? I'm really not good at this stuff. Wish we could have a trustworthy wallet soon.
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a cheap charlatan, a con artist and a know-nothing clown Martin Armstrong does it again, again and again. With gold over 1350 he is still in denial and keeps advising his brainless clients to sell charging them hundreds of dollars for bs reports and disastrous recommendations. With the UK referendum, he has been babbling about rigged votes, fraud, etc, for weeks without any single evidence (as usual) to back up his empty claims. And eventually he yet again f** it all up big time predicting "bremain". Now watch how despite all that he is going to jump in and claim he was right and he predicted "brexit" with all his bs pi model. What a pathetic charlatan!
His model actually predicted Brexit. It seemed more like he didn't believe his own model. |
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Don't have the time or energy to read this thread but I'd like to say that Anonymint is one of few here I'd like to meet in person.
His intellect is high, much higher than most here (including myself).
Too bad his coin never made it though. Would have been big.
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Hi guys,new forum memer here!
I would like to ask if there is any lightweight monero wallet that keep my monero safe locally offline.
Thanks in advance!
Most safe strictly for cold storage is a paper wallet. Here is a guide: linkIf you want a lightweight GUI wallet you can occasionally use to transact, try this one: https://bitcointalk.org/index.php?topic=903579.0I think you could use it on a computer that is kept offline most of the time. How safe is it making a cold storage wallet with .simpleawallet and just keeping the key file safe offline compared to the procedure explained in the guide? |
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Some serious kinda pump this last hour or so since I woke up. Wow.
Wow...and a change of 500 btc in the order book.
Dose walls, doe!
Most alts are up so its hard to say how much was XMR specific. Regardless, after the official GUI comes out I think we may never see sub .003 prices again Is there anyway to follow the development of the GUI? |
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On mobile so can't look but have we fallen bellow the 4h wedge yet?
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I have coins stored on wallets created with mymonero.com. Are they less secure than a paper wallet created with moneroaddress.org?
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Can you elaborate on the "firm support at roughly $5 million market cap or thereabouts"? My understanding is that Monero is reasonably widely held by many people who believe in crypto currency and decided that Monero represented a best open source effort amongst altcoins. And so I don't think they are in it for a short-term speculation, nor are they holding so much that they need to sell. The hot money may rush out, but the faithful will probably scoop up coins at roughly that price level. Okay maybe $1 - 5 million. I am just saying it can't totally collapse. Whereas, those coins which are hype which is so technologically flawed that they are useless and have 0 adoption such as Ethereum, Factom, MaidSafe, Storj, etc, could go to ~0. Ethereum perhaps not if they raised some $millions during this pump, so they can probably keep the hope alive for a while ($200,000+ per month burn rate  ). Let's say there are 1000 long-term investors holding (invested) $5000 each on average. That is $5 million. And the market cap is usually much larger than the actual capital invested (although that might not be the case for Monero since apparently it was so fairly mined and widely held and not pumped because the price can't be manipulated by buying from yourselves, because it isn't primarily held by a few whales). I think it is hard to figure out how many people are invested in XMR. Try to buy XMR worth of 5000 usd and look at price chart what happens. Probably you are making a candle. I am saying, 5 million marketcap is a marketcap that is supported when there is very little interest in XMR. That has been a solid rock bottom and personally I consider it a low probability event to go there anymore (unless btc will crash big time), that would need XMR should drop to 0.001-0.0012 levels and below when new coins are mined. Of course I might be wrong here but I am playing with probabilities, and if you think the current marketcap is too high for XMR in the long run, then by all means, sell or even go to short position. I can lend you some Moneros if you need.  I think TPTB was actualy bullish on Monero in his own super bearish overall sentiment way. Everything will crash but Monero has the best chances of not crashing as much or maybe not at all kind of... |
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I'd be interested in Monero related cross posts. This is the only XMR thread I follow. Think it's a nice thread and doesn't have to be 100% TA focus.
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The battery has nothing to do with its velocity though.
Was just going to write the same thing |
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More than 1 Million XMR have changed hands on Poloniex today. A lot of coins finding new owners that are entering at a much higher price than we've seen for several months. These new holders aren't going to want to part with their coins until they see much higher prices. The volume is key here imo.
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This is the wrong thread for this but I know someone here can help me.
I have an old Monero wallet that I haven't touched for 1.5 years. I'm not sure how much I have in it and wanted to check after todays price increase. I downloaded the Monero files and the blockchain. Put the blockchain and my old key file in the same folder as the bitmonero.exe file and simplewallet. When I run them both the wallet won't update because it says the deamon is busy. Has been like this for several hours now. Anyone know how to fix this?
Are you fully synced? Use "diff" in bitmonerod.exe (the daemon) to check your blockheight and compare that to http://moneroblocks.info/. Try downloading the Monero files and syncing the blockchain from scratch. After that, place your wallet files in the same directory as simplewallet. If you created the wallet on the same OS, it should update itself. Alternatively, one can import the blockchain using the method described here: https://github.com/monero-project/bitmonero/releases/tag/v0.9.0Make sure to grab the binaries of 0.9.1 though: https://github.com/monero-project/bitmonero/releases/tag/v0.9.1Syncing from scratch is more convenient in my opinion and probably faster as well. Thanks dEBRUYNE. Got it all sorted out now. Had about as much as I thought. Transfered it all to a new mymonero address so I don't have to use the command line wallet again. |
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This is the wrong thread for this but I know someone here can help me.
I have an old Monero wallet that I haven't touched for 1.5 years. I'm not sure how much I have in it and wanted to check after todays price increase. I downloaded the Monero files and the blockchain. Put the blockchain and my old key file in the same folder as the bitmonero.exe file and simplewallet. When I run them both the wallet won't update because it says the deamon is busy. Has been like this for several hours now. Anyone know how to fix this?
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Monkey reports in: Monkey thinks the next week could be uppish, but is generally skeptical out until mid-March, then bullish on the multi-month scale.
This time, I think I agree, but whatevs.
No offence Aminorex but your monkey doesn't seem to know what he's doing lately. Also he thought bitcoin was broken just a week ago. What happened that changed your monkeys mind if he is bullish on a multi month scale? Think it might be time to put your monkey to sleep. |
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Sent a small contribution. About time there is an official GUI |
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It is the [use cost] that need to be increased!
Said no successful business in a competitive market anywhere. Longterm Bitcoin has to gather enough fees to survive, without fees no miners. Or in your business language: We can give away our product for free, said no successful business ever. by long term you mean a couple of years from now ? or when the block reward is almost zero ? we have to define what is long term first then we can discuss what is right. longterm i mean when blockreward is zero, yes. nevertheless we should already be aware of that fees are not something "evil" but overall necessary. its a balance between allowing 0-fee transactions to process, while still having enough pressure to have some fees paid. Doesn't the increase in hash rate despite being lower in price than the 2013 high suggest it's way to early to discuss increasing fees? Yes there is the halving coming but why would it be any different from the ones before. Let bitcoin really grow before touching fees. |
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I'm selling custom built miners. Or I can build them and run them in my basement for a fee. Or you can just send me monero and I'll keep mining monero. Something with mining. I know of at least 2 individuals that have hardware that they have silent because their electricity costs are too high and/or they can't find a place to house their stuff.
and eventually I'll have this monerodo device done which I'll be selling for monero, obviously. Now I'm debating if I should have the software update via github pull / compile or just download "official" binaries. Thoughts? I could also just have it checkout some version... though I've found it a pain to un-checkout things, or go back to head or whatever.
oh yeah. I speculate bananas.
Just curious, what's the cost of the miners you are building, and how are they different from say, your average mining computer? honestly all I would be doing is building a computer with as many GPUs as can fit on the board. The most PCI slots available on a mobo these days is 6 or 7. The trick to building these things is finding a case to put them in with proper airflow, but thats ultimately what you'd be paying me to do. And then making the mining software work and the pool software (so you could mine on your own node and get ALL OF THE BLOCK). Otherwise you could just throw one together yourself. Don't quote me, but I think I could sell a 1.6 kh/s rig for $1200. edited to add: which after 1 year (or whenever your done) you could then pull apart and sell the GPUs on ebay for probably 70%. I get what your saying, but I'm still really technically incapable of understanding how a "rig" work... Do you simply download the node on the same computer I'm using, and maybe connect the rig using usb or something which you set the rig to start mining? Is being able to use Linux a necessary skill in order to start running rigs like these? To clarify, I would have to ship a fully built computer to you. U would then plug in power and an Ethernet cable (to connect it to your home router). And then watch the monero and electricity roll in. I speculate Or you could just take those $1200 and buy Monero at this price and speculate on it being a better investment. It would certainly be easier. |
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