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981  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 17, 2014, 01:43:34 PM
There's one thing I don't quite understand – does Monero team really spread viruses and infect miners’ computers?

What makes you think so? Never heard of it, sounds weird.

I believe there was an errant GPU miner, nothing to so with the Monero team.
982  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 17, 2014, 01:43:05 PM
When is starts synch - I have to wait, while it finishes it, yes?
How much time it takes really?

Did you download one of the blockchains from the OP so that you dont have to sync as much?
983  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 17, 2014, 01:11:21 PM
I downloaded this one:
http://monero.cc/downloads/monero.win.x64.latest.zip

Here I have files:
- bitmonerod.exe
- connectivity_tool.exe
- simpleminer.exe
- simplewallet.exe

What to do with them??
Where to unpack them?

Unpack them to wherever you like then create a bacth file with this in it

Code:
@echo off

tasklist /FI "IMAGENAME eq bitmonerod.exe" 2>NUL | find /I /N "bitmonerod.exe">NUL
if not %ERRORLEVEL% == 0 (
  echo Starting node...
  start /MIN bitmonerod.exe
) else (
  echo Node already started.
)

tasklist /FI "IMAGENAME eq simplewallet.exe" 2>NUL | find /I /N "simplewallet.exe">NUL
if not %ERRORLEVEL% == 0 (
  if exist wallet.bin.keys (
    echo Starting previous wallet...
    start simplewallet.exe --wallet wallet.bin
  ) else (
    echo Starting new wallet...
    start simplewallet.exe --generate-new-wallet wallet.bin
  )
) else (
  echo Wallet already started.
)


And save that batch file in the same folder as your others (bitmonerod etc). Then simply doubt click the batch file.
984  Alternate cryptocurrencies / Altcoin Discussion / Re: --* Monero Community Hall of Fame *-- on: July 17, 2014, 12:56:02 PM
Will sort some more of a donation out and will find out how much Ive already donated.


You can put me down for now as Donators of 20 XMR - 1st dan monero heros with a hoard of Copper

Thats conservative as Im sure I donated at least double that ages ago but from an old wallet I used at the beggining and no longer have access to. Cant prove it, unless someone can tell me a way?

Will add the 30 XMR later to upgrade level.
985  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 17, 2014, 10:57:09 AM
Why is the coin suddenly rebounding back today ?

Because of the news. Didn't you read the news? The market only ever moves on the news.

/thread

lol, no didn't hear the news... what happened? I have been mining for like the last month or so... All I know is the price went down to 250k satoshi then I thought might need to mine something else but couldn't be arsed moving my miners so kept at it and i was like wtf... price rebounded... I am holding almost 500 XMR so hopefully its worthwhile

Guess the sarcasm flew right over your head  Grin

Price was low, demand increased, price went up, simple.

lol... thing is, what increased the demand?

A number of factors, good progress being made to the core code. David did a great interview where he hinted at the redesigned wesbite and the much anticipated official gui. The price was generally very low and the sell side had almost dried up in terms of asks. Some of the bigger player wanted a bigger stash. Etc etc
986  Other / Off-topic / Re: FIFA World Cup 2014!!! on: July 17, 2014, 10:42:44 AM
Luis Suarez: Barcelona say they have signed Liverpool striker.
Players in Spain, be careful, human shark is coming Smiley
On serious note, Suarez is great player but have some problem he have to solve if he want to continue his great soccer carrier.
Time will show is Barcelona made good or bad choice with him.

Barcelona included a clause saying if he bites someone during a game, he will be fired without any right.

Source?

I believe you will find that the clause was a pay reduction from £10mm a year to £7mm a year.
987  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 17, 2014, 10:39:11 AM
Why is the coin suddenly rebounding back today ?

Because of the news. Didn't you read the news? The market only ever moves on the news.

/thread

lol, no didn't hear the news... what happened? I have been mining for like the last month or so... All I know is the price went down to 250k satoshi then I thought might need to mine something else but couldn't be arsed moving my miners so kept at it and i was like wtf... price rebounded... I am holding almost 500 XMR so hopefully its worthwhile

Guess the sarcasm flew right over your head  Grin

Price was low, demand increased, price went up, simple.
988  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 17, 2014, 09:57:15 AM
as the charts on monerochain.info can be misleading.

That is a good question. Why do the numbers on monerochain.info differ so much from yours? Is that site calculating chain size in some unusual or incorrect way?


"The total size of all block headers and transactions, not including database indexes." is what is recorded on monerochain.info.

Recording the actual chain size I feel is much more productive.

Wouldn't "block headers and transactions" equal the chain size? What else is there?


I presumed it was to do with database indexes as it states thats not included though it did puzzle me as currently we aren't implementing a database. Will ask in IRC for a definitive answer.


EDIT:

<@fluffypony> dreamspark: they're showing the cumulative total of actual blocks
<@fluffypony> ignoring metadata etc.
<@fluffypony> same as the chart on blockchain.info vs. the actual Bitcoin blockchain size on disk
989  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 17, 2014, 09:52:28 AM
as the charts on monerochain.info can be misleading.

That is a good question. Why do the numbers on monerochain.info differ so much from yours? Is that site calculating chain size in some unusual or incorrect way?


"The total size of all block headers and transactions, not including database indexes." is what is recorded on monerochain.info.

Recording the actual chain size I feel is much more productive.
990  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 17, 2014, 09:46:57 AM
To add to Risto's general price analysis it has also been interesting watching the general network over the last few days.

The hash rate dropped as low as ~9 m/h around 4-6 days ago and had been dwindling from the ATH of ~16 mh. Currently it is sitting at 14.3 m/h which is a nice ~50+% rise from the recent low, this is right in line with the increase in price and  as price stays this level or increases we can expect the net hash to increase as well. I havent run any figures against profitabilty compared to other coins but I would imagine that it has become slightly more profitable to mine XMR at this point while the hash rate catches up (if it does).

The blockchain bloat was a hot topic on IRC at the end of last week so I decided to start keeping exact blockchain size figures as the charts on monerochain.info can be misleading. I have been recording these at aroun 10:00 GMT and are as follows.

1,516,605 KB    13/7/14
1,544,024 KB    14/7/14
1,606,429 KB    15/7/14
1,628,828 KB    16/7/14
1,646,808 KB    17/7/14


As you can see the blockchain is growing at ~30 mb average a day which is fantastic news if you look back to how much bloat the dust transactions were causing on the chain so kudos to the core devs and pool devs for implementing those solutions. This current rate of growth is much more acceptable for the privacy afforded than the 10x the size of BTC's chain we were heading towards a month or two ago.
991  Other / Off-topic / Re: General Football Discussion on: July 17, 2014, 09:09:50 AM
People saying Messi completely didn't deserve the golden ball clearly havent looked at the stats. His completed dribbles and through balls as well as being the third top goalscorer attest to that. Not forgetting 4 man of the match appearances. Dont get me wrong Im not saying he was THE standout player but far from the addidas conspiracy I hear circling.

OK you are right that he played well this World cup but this was in the group stage.
After that he didn't show much and in my opinion some other players showed more than Messi, like Roben.

Look at his stats and then tell me that he didn't show much after the group stages. We're so used to seeing players like him and Ronaldo single handedly and very impressively win games at club level it is far harder to do that at international level and in a world cup. Ill reiterate, I too could have given it to a few other players and probably would have myself but the fact he did win it is not undeserved.
992  Economy / Services / Re: XBTec - campaign terminated on: July 17, 2014, 09:02:20 AM
Hey, I wan't online these days. I will check again Yakamoto's sheet. If we didn't paid to someone, I'll do it tomorrow hopefully.
Please, keep a calm

Okay but it is getting abit silly. Lucky for you somebody already went through the sheet and knows exactly who needs paying still.

Payouts July 8th = https://docs.google.com/spreadsheets/d/1w002SE7zoqB3Hu-Z2MXcNcmiPkrPzFiV1OLPA7NysZ0/edit?usp=sharing

The spreadsheet format is too difficult to follow. So, I made a summary based on the spreadsheet for Yakamoto (and others) to track payment status. I hope the remaining members can be paid soon.

Quote
1 member left campaign, no payout [SETTLED]

qiuhoubu (June 26, 2014)

Quote
11 members did not meet 15 posts, no payout [SETTLED]

21pilot, centralpark, CodyAlfaridzi, DeathProxy, ishkur,
Mayuyu48, R4v37, RocketSingh, togesix, tuanvie, worhiper

Quote
14 members made over 15 posts, paid [SETTLED]

alexrossi, anujjain, firstblood, Habeler876, jbrnt, Marlo Stanfield, Richard213,
Rigon, sed, spartan82, tspacepilot, Yakamoto, yuan12, zolace

Quote
4 members made over 15 posts, pending payment [PENDING]

BitsBitsBits   BTC0.0231   1KcqQ342hocmzFacJjXsBXDY9DAXheNL5G   
dreamspark   BTC0.0272   16hRptrzQS8J2Fe3YdLCA19npERQhxjCmt
foreverlove   BTC0.0115   1A5yZ8HHxTdD5nQaY5myWLnjyzDw73K64s
validium   BTC0.0105   19pLroeZ13YioqA7TXcv2di4QaK2nCa7zx

(Total 0.0723 btc)
993  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero Economy on: July 16, 2014, 11:54:45 PM
Also, a finite money supply (this includes a fixed reward system) will only encourage banks to use the coin as lending leverage. This "fiatization" would not be difficult, as banks can simply loan out MoneroNotes(tm) at ultra low interest rates, that have the "Legal Tender" stamp of approval.

I'd rather have such debasement baked into the currency, so at least the new coins actually go back to the miners.

Would you accept MoneroNotes from a bank ?
994  Alternate cryptocurrencies / Altcoin Discussion / Re: --* Monero Community Hall of Fame *-- on: July 16, 2014, 11:17:38 PM
Will sort some more of a donation out and will find out how much Ive already donated.

Can the devs keep some sort of balance for us to see ?
995  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero Economy on: July 16, 2014, 07:39:16 PM

Estimate 1:

Parameters:
- Largest holding: 100,000 XMR
- number of holders: 6,800
- j value = 0.58
- power law: no


I don't doubt the other numbers but how did you extrapolate the number of holders?

I was checking the poloniex accounts and estimated how many of them have bought XMR.

Do you think the largest holding is realistic? It would have to be a guy that we know. Myself, I don't have nearly that many Smiley

Thing is with Polo is a lot of people jump in and out of the coins and also don't have particuarly large balances what sort of parameters did you use to estimate this?

Yes its realistic, my guess would be that its not quite that large but not far off.

Your other guesses in terms of holders above a certain threshold I think are a little low in most the ranges  but without a real way of knowing its a fairly pointless argument.
996  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 16, 2014, 07:31:29 PM
321BTC volume on Polo.

This is crazy.

77% of total daily volume on poloniex is from XMR.
Yeah, crazy. But not surprising Wink


Not super crazy though, we were doing 1000BTC a day when we were up at 0.01
997  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 16, 2014, 03:19:11 PM
What mini bubble is this? I sure dont see any bubbling at the moment.

Well, maybe it is not the right technical term. I mean the one that started on May/20, at ~450 USD/BTC, and is still going on.


Fair enough, my techincal term would be an increase in value but you know, whatever perspective you look at it from Wink

Btw for your records BitVC is quite a good platform, been there for a day or so testing it out.
Thanks! Is it already open for general registration? Does is have other options besides BTC x LTC?

No, invite only currently though it doesn't seem too exclusive so an invite shouldn't be hard to find.

No, just CNY, BTC and LTC.
998  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: July 16, 2014, 03:14:45 PM

Extreme inflation is almost the same as extreme deflation in both cases
the economy won't work how it should.

In extreme inflation you get numbers in currency "value" with
bunch of zeros to the right 1230000000
and if there is deflation you get the opposite 0.0000000123
bunch of zeros to the left.

In case of extreme inflation the state usually makes the money reform
and just removes the 00000 from the number like what was 12300000000
will become 12300000000 after the reform.
Maybe similar thing will happen with deflationary crypto currencies
when developer decide to make "crypto reform" and change the value 0.0000000123 to
0.0000000123 and at the end you will get 0.0001230000 Smiley

Anyway in both cases in extreme inflation and deflation the economy will won't work.


You started by saying its not how the economy should work either way and I thought I was going to get a nice explanation of the economic effects of both but instead you then started talking about 0's.

The simple fact is deflationary currency econnomically incentiveses saving rather than spending which is terrible long term.
Inflationary currencies obviously do the opposite and incentivise spending and creating debt.

In the crypto world most have agreed that high inflation is terrible see, USD etc. However the same people seem to champion complete deflationary currencies which like I said can be just as bad in their own way. The solution is simple. Niether deflationary nor inflationary. The principle is easy however its near immpossible to try and predict how much inflation you need to keep the total money circulated (all unrecoverable coins taken away from total coins mined) at the same level. With no real precedents to follow, crypto enthusiasts will argue this for a long time to come.
999  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 16, 2014, 03:07:45 PM
Huobi has detached itself from OKCoin over the last few days.  They used to be only 2-3 yuan apart, recently Huobi has been 20 yuan lower or more.

Huobi's volume has been shrinking too; it was ~20 kBTC/day on average over the last week, only 12 kBTC yesterday (Jul/15) -- whereas in Feb/Mar it typically had more than 50 kBTC/day.  (Its record was 353 kBTC on Feb/25.)  Yesterday's was the lowest volume since the New Year holidays -- excuding the three days May 17--19, the lull just before the sudden start of the current mini-bubble.

OKCoin (which used to be a distant second place to Huobi, a few months ago) has been shrinking too, but not as much.  It has long surpassed Huobi and now has ~40 kBTC/day on average, 22 kBTC yesterday.

The shrinking of Huobi may perhaps be due to the opening of their Hong Kong exchange, BitVC.  AFAIK it only trades BTC against LTC, and is still invitation-only; presumably the largest Huobi clients were invited and are having fun at BitVC rather than Huobi.   Maybe some of them were OKCoin clients too.  If that is teh case, the transfer of BTC from Huobi to BitVC may also be the cause of the current mini-bubble.


What mini bubble is this? I sure dont see any bubbling at the moment.

Btw for your records BitVC is quite a good platform, been there for a day or so testing it out.
1000  Economy / Services / Re: [PrimeDice] [Highest Paid Signature] Earn Bitcoins Simply By Posting on: July 16, 2014, 02:58:15 PM
I think stunna should do a thread where we can report members taking advantage of boost post counting Is see even a trusted member doing it.  5 to 6 word posts, and i mean alot of them in one day, not even constructive, how can we report this?

If people wont mind there business I can play games too and you know who you are, so if I were you, you should delete your so many non constructive posts.

You are allowed to post non constructive things or short answers, that happens sometimes in general thread conversations.

What you cant do is try and claim for them. I used to take 5% of my posts of to count for that even though 5% is probably much higher than my actual non-constructive posts.
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