Ok thanks for that info, we are not far off. Will there be any updates that need to be installed on the users end? There will be a point release soon with some important bug fixes (mentioned in the dev-meeting and a few days back on IRC as well). Furthermore, you should be running any 0.9.x version (preferably 0.9.2 when it's out). The fork is close at hand. Any one heard or read any new news around this? I'll ask on IRC. However, the only thing necessary is for miners to be on 0.9.x in advance of the fork. |
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So our full node universe is somewhere between the sizes of Ireland and France, as compared to bitcoin. GDP is lagging that, because network effects on value are more like quadratic than linear at this scale.
I have a feeling that if we would be as large as Bitcoin, even though running a full Monero node is more data/bandwith intensive, we probably would have more nodes. The reason is that there is an incentive to run a fullnode in Monero, namely privacy. Running Monero via a remote node has a detrimental effect on privacy and some kind of SPV style wallet will likely have this aforementioned effect too. Therefore, I suspect a larger amount of people will be running a node, simply to preserve their privacy, for which they likely became interested in this coin in the first place. |
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Bad news. Hash rate dropping for a while. Expect miner dumping to depress price. We need about 1k 290s, stat.
You merely looked at the wrong time, our hash rate is kind of cyclical, see: http://monero.net/xmr_network.html(scroll down a bit) |
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So the price of XMR is now 300k Satoshi, marketcap of 12 million. Stll pretty low, for a coin like XMR. x10 easily from here, but in how many time?
I don't know about 10x, but Dash's market cap is approximately 3x ours... which seems absurd that Dash would be more highly valued. Our GUI release is speculated within a few months, by which time I would expect this discrepancy to be corrected. Do not trade on my advice, but I personally am expecting $5 Monero by 3rd quarter of 2016. That seems reasonable, IMHO. I think the GUI release is expected within 4 weeks or so as it was already funded by the community. Or am I misinformed? There is no specific ETA. However, there is someone actively working on the GUI, see: Does anyone know the person making it? I mean he did get 14k XMR and for that we can at least get a rough deadline. From my experience (chemistry world) almost nothing gets done until a deadline gets slapped on a project. We chemist like to procrastinate and I think that's just human nature. From the first link you could've read that othe and fluffypony are supervising and assisting if necessary. Thus, they probably have an answer to your question. Furthermore, the "contract" specifies that he would work a certain amount of hours per week until it is done (which will double once his other project is finished). Keep in mind this is a part-time developer who probably cannot spend any more hours than the hours that were specified. Also, the 14k wasn't merely meant for the GUI. It is highly likely that he won't need all those 270 hours to finish the GUI and if so, the remaining hours will be used to work on other features. |
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So the price of XMR is now 300k Satoshi, marketcap of 12 million. Stll pretty low, for a coin like XMR. x10 easily from here, but in how many time?
I don't know about 10x, but Dash's market cap is approximately 3x ours... which seems absurd that Dash would be more highly valued. Our GUI release is speculated within a few months, by which time I would expect this discrepancy to be corrected. Do not trade on my advice, but I personally am expecting $5 Monero by 3rd quarter of 2016. That seems reasonable, IMHO. I think the GUI release is expected within 4 weeks or so as it was already funded by the community. Or am I misinformed? There is no specific ETA. However, there is someone actively working on the GUI, see: https://forum.getmonero.org/8/funding-required/2476/the-official-qt-gui-projectHis work and the activity can be followed on: https://github.com/mbg033?tab=activityhttps://github.com/mbg033/monero-corehttps://github.com/mbg033/bitmonero |
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Forget about the exiting thing. If anybody read my post, it should be evident the blockchain isn't downloading
looks like it ran for less than a minute before exiting? or was that just a sample, and no change after that? That was a sample. I had it running for hours, before. I'll forward your error to hyc, who does most of the 32bit stuff currently. |
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Ginger, I'm curious why for this video (which by the way you did an excellent job on  ) you opted to use the javascript version (or at least it appears to be) instead of the core code for full nodes? Was it a space issue? Or some other reason? Probably because the UI is more convenient. Furthermore, the code is basically the same as simplewallet uses. |
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Seems like a breakout on decent volume:  Also, in a bulltrend the probability of a symmetrical triangle breaking upwards is higher than breaking downwards. Next up is ~320k resistance |
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