No, I said if it goes much lower. Don't try to turn it into a petty threat. It's not a threat because no one gives a shit if I'm in or out. I'm just trying to point out that this sort of thing is a real turnoff to real, full time traders, and that liquidity and volume are going to sink back into the abyss once people get sick of it.
And if there are people with so much money in here, why aren't there matching walls to foil the manipulation? Why... because you're probably the ones doing it.
I think overall the low volatility turns traders off XMR. XMR tend not to move much. You are joking, right?  The price has risen from 0.001 to 0.0042 over a few weeks. Sure the intra day volatility isn't massive, but monero is a very thinly traded market which even I could move if I wished. There is little doubt that the chart is being painted. But dumping xmr back to 0.001 is as good as killing the coin for the foreseeable future IMO. Things could get very interesting as the bitcoin halving approaches and if we get a rally in chosen alts if bitcoin breaks out then monero could increase it's extremely modest market cap hugely. Of course if bitcoin crashes then what happens in alts could be very unpredictable, they could crater or it is possible that eth and xmr could rise if bitcoin gets into perceived existential trouble amongst more holders with regards to the intransigence displayed by the developers over scaling efforts. Things I would like to see are 1) working cross platform GUI, 2) increased number of nodes and hashing power protecting the chain, 3) some increased use cases appearing (even some DNM usage wouldn't be a bad thing IMO). Fortunately someone is actively working on 1). Regarding 2), I think we have to give this some time, hashrate usually lags behind if price increases. That is, it takes a while before it catches up. In addition, a lot of miners might be mining ETH currently because it is simply more profitable. When either the PoW phase of ETH ends or the price drops substantially such that the profitability of Monero is better, I expect a large increase in hashrate. Regarding 3), for what it's worth, a Bitpay like payment processor for, among others, Monero is in the pipeline. |
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In that case the wallet owner could easily have moved smaller amounts with mixing to not be noticed. This was intentional.
It is possible it was an exchange, if so I would like them to affirm that. *cough Polo
RingCT will take care of this. Really? Nice wanna give a ELIA rundown? BTW does anyone use b itcointa.lk? [1] Read -> http://weuse.cash/2016/01/09/tying-up-loose-ends-with-ringct/[2] Why would you use that instead? Seems like a possible password grabber. |
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This might have something to do with it. The list is reserved for those who were instrumental in substantially ripping off folks in the cryptocurrency space.
Eduardo de Castro (HashFast)
Hey look, you made the list. Congrats! Genuine question, is there actually any concrete evidence for this? I've seen this numerous times (not only in this thread), but there seems to be no evidence backing it up. |
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When the GUI is done,
Last activity on github was 5 days ago, the guy Ilya Kitaev whos working on it doesnt give a shit, so ETA should be another year Feel free to dump XMR unless u have no problems holding it in cold storage for 300+ days Ah, because every single line of code is immediately commited to Github. If you actually looked at his commits, you would notice that they are rather big and usually only commits when a specific part is done. |
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How is that Evan Duffield from Dash is not on this list, when smooth and others documented his ninjamine scam and then changing the planned coin supply to much less than was originally touted so that he and insiders owned most of the coins, and then creating a masternode design for Dash to pay more coins to those who own the most coins, thus a steady supply of selling coins to n00bs and then paying more coins themselves.
The alleged ongoing scam is allegedly perpetrated via to a great extent trading BTC for DRK, so should be included in this Bitcoin Hall of Shame.
@Gleb Gamow, this is what TPTB_need_war is referring to: https://bitcointalk.org/index.php?topic=999886.0Smoothie's post doesn't contain any evidence in my opinion. |
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Thank you for the answers. For 1. I understood now and I will also do the reading on reddit About 2. I am still uncertain ... is sweep_dust for free? Or how can its cost be calculated? I read your post incorrectly. I think you can't really calculate its costs precisely in advance. However, if you use the command simplewallet will give you the cost before sending if I recall correctly. |
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Hi,
I am a little late with this, but I need a little bit of help with 2 problems.
I switched to 0.9.1.0 Hydrogen Helix.
1.
One sweet surprise was that finally I can use view-only wallets too. (Thank you and well done!)
However, something is not as good as I'd wish:
In the case the wallet was used to also send out coins, the displayed balance is incorrect: it shows the amount of received coins without subtracting the sent out coins.
Am I doing something wrong, is there something I can do to see correct value, or it's a known bug?
2.
I have some dust, mostly from early mining. I've seen that it can be "consolidated". How can I know how much that consolidation costs (to see if it worth it)?
Thanks
[1] The viewkey only shows incoming transactions, therefore the "balance" is incorrect when there are also outgoing transactions. There is a way to show outgoing transactions too, but it is a bit more convoluted than we initially thought. Convuluted as in it isn't done by a simple "key". See discussion here: https://www.reddit.com/r/Monero/comments/4ce5ui/what_is_the_use_of_view_only_wallet_when_its/[2] You can use the sweep_dust command to do that. |
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are the miners and mining pools current on the front page? i dont wanna buy anymore, would rather pay for electricity and watch XMR show up..
This list is more up to date. https://monerohash.com/#network |
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Do you have suggestions for how the developers should respond to this threat now (aside from panicking)? Formulate and articulate a plan to manage transition to qc-aware signature algorithms. Add necessary supporting interfaces to development plans. Eventually someone will submit a pull request. If they know what sort of thing will be well-received, i.e. what and where are the prefered interfaces, it becomes about 100x more likely that pull request will be useful. Shen Noether commented this on reddit: Once the current round of improvements is finished (apps/ guis/multisig/etc) the attention will likely move to quantum secure, and hopefully by then there will be more signature implementations available to choose from, I.e. Hopefully a Bernstein type will have coded the new ref for quantum. Note that a lot of the necessary math ( I.e. Ring sigs / one time keys) has been studied already in the literature.. |
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Bitmonerod gave this message 2016-Mar-28 19:09:16.278514 [P2P1][5.138.110.35:18080 OUT]Sync data returned unknown top block: 1013521 -> 1009962 [3559 blocks (-2 days) ahead] SYNCHRONIZATION started
So why bimonerod thinks the highest block of the blockchain is that 1009962? That means you are connected to a peer that thinks the height is 1009962, hence the minus 2 days ahead. It will soon be followed by a message stating that that peer was blocked in relaxing light blue letters. Well ok. But how an from where the bitmonerod anyway gets the real highest one block, the block 1013521? While bitmonerod at the same moment thinks the highest one block is 1009962. Probably just a naughty peer. That is, a peer that is still on an old version and thus got booted off the network after the hardfork. Use "diff" and/or "status" on bitmonerod to check which block height you are on, it should be equal to the blockheight on moneroblocks.info. It gets the right/current blockheight from peers that are on the right version. |
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People tend to forget that Poloniex offers 2.5x margin. As a result, even if someone holds 20k he can leverage that up to 50k. Combine that with all the profits made on ETH I am not really suprised by the huge buys and subsequent huge dumps.
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So , XMR was pumped just before the Block Reward Change and you expect people to jump in?
The blockreward per minute remains the same. The blocktime went from 1 to 2 minutes and the blockreward was thus adjusted accordingly. |
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there is more good stuff ahead you can say that about many cryptos. - What happend to monero in the last 7 days? Simply, vertical price movements without news can not be sustainable! (insider trading is unlikely for this open project.) Yes, several cryptos gained worth starting in January/Feburary. Dash, Bitshares, Factom, Counterparty and so on doubled in price. Ethereum and Maidsafe gained most since people are interested in the novelties of smart contracts and peer2peer internet, all remain volatile now, especially those showing unnatrual volume on Poloniex through margin trading i guess. - So did Monero. It reached and stayed some weeks around almost 3 times the price in December/January. 1 week ago though the price and volume went up further and too fast. rather vertical than horizontal, without any big news! Like others Monero is in the top 20 since a while and it (=CryptoNight) represents some unique approach to reach more anoymous transactions and is meant for mining by CPUs/GPUs only (through requiring lots of expensive cache memory resulting in very low hash rates). Some enthusiasm, some fear, some sceptics, some dust(old news). - Yes, Pumps rely on some real basis. Why couldn't Monero rise 4x? like Maidsafe did (as of now) Monero has no popularily stunning novelty, but rather interesting for thinking (is anonymity better? is gpu mining more democratic?), Miners/botnets and people/causes seeking to operate anonymously. For now 2-3 times the price seems good enough just to join the others who moved up. Other Cryptonite currencies did not move up as much yet. So there are funds missing in the remaining Crpytonite economy to catch up, before the rise could be considered sustainable. So it is reasonable to assume the dump is pending - more neutrally, the spike is pending to turn. While Hystery/Pumps both start from something real, they cant last very long and the people gain the most who decide the dates to start and to turn back. Next to the exchange fees, but most others are just losing from their gambling or being pushed into something unexpected. If a Price rises moderately it remains higher sooner and less energy is wasted. If you are interested in Monero's success you are not convinced the pump was good now. So a succesful hardfork that enforces fungibility on the protocol level, the MS azure news, and the ring multisignature blog aren't considered "news"? Furthermore, the assertion that an increase in price needs to be accompanied by news is kind of a fallacy. |
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