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1701  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 12, 2016, 10:52:10 PM
My picture is not so nice, but it is simple enough for me to interpret it:



6 h BBand slowly contracts, triangle will close in 36 to 48h. And then (!): it will go up or down! Cool

EDIT: I would really like to know how you manage to post images in this forum ...

You have to upload them to a website like imgur.com. Then place the link imgur provides you with between [img][./img].
1702  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero Support on: March 12, 2016, 04:57:58 PM
Using "exit" twice usually helps in exiting the daemon. I'll let someone else answer your other question, since I don't know that for sure.
1703  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 12, 2016, 04:43:17 PM
That screenshot is funny as I have control of what shows up on my screen so that never did nor ever will. Lol

It's merely a bitcoinwisdom screenshot, but adblocker is currently "taking a stand against censorship" which is quite ironic in my opinion. See:

http://www.wired.com/2016/03/amnesty-adblock-censorship/
1704  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 12, 2016, 04:29:46 PM
Guys cmon... Let's be real with this hedge fund bullshit. We're going to do more harm than help if we were to pitch monero to a hedge fund right now. Unless that hedge fund manager is computer literative, he/she is going to have to store their stash on mymoner.com and let's be honest, that's not how you want to pitch an idea to a hedge fund. Pet focus on the now before we get ahead of ourselves here.

The FXD people to whom I have provided XMR have taken it as a paper wallet.  It's like any other derivative contract to them.


FWIW: They/you might benefit from this guide:

https://www.reddit.com/r/Monero/comments/48cgmd/an_extensive_guide_for_securely_generating_an/
1705  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 12, 2016, 03:21:37 PM
Anyone have an analysis on the XMR drop (on polo) in the last few days? It's been climbing back up over the past month or so (in particular), but it's dropped a steady 25k under 300k sats and remained there for some time now. It was peaking at 300k-320k at points last week.

It's retracing/consolidating from the 348k top after that last leg up. Price is simply bouncing between resistance and support levels. The previous tops (233k and 246k, which previously were resistance levels) are currently acting as support zone. Furthermore, the declining volume on the retrace/consolidation is indicating that sellers are getting exhausted. Asks near market (although presumably most are fake) are still pretty high though, so it could very well be that we'll consolidate some more for some time. See:

1706  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: March 12, 2016, 02:43:48 PM
What's the current GUI eta nowadays

well I can't read code that well, but based on the activity of the developer on the github , im guessing months.

To be fair, the commits he makes are usually pretty big (i.e. many lines of code added). See this last one for instance:

https://github.com/mbg033/bitmonero/compare/b486fb482d...ad96cd3f24

Or this one:

https://github.com/mbg033/monero-core/compare/921d16a458...7d9306ca1a

Furthermore, once his other project finishes he is able to spend twice as much time per week on it.



@r0ach:

There is someone actively working on the GUI, see:

https://forum.getmonero.org/8/funding-required/2476/the-official-qt-gui-project

His work and the activity can be followed on:

https://github.com/mbg033?tab=activity

https://github.com/mbg033/monero-core

https://github.com/mbg033/bitmonero


1707  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: March 12, 2016, 11:34:34 AM
Experimental Trezor Firmware Testing - Firmware Updated (V0311)

Quote
  • Added reconnect handler when trezor is unplugged while simplewallet is active
  • Added tx_seckey storage support to firmware
  • Added support for 'address' simplewallet command
  • Fixed support for entering passwords when trezor is initialized/recovered with password protection enabled

https://forum.getmonero.org/4/academic-and-technical/2495/experimental-trezor-firmware-testing

Please, if possible, help with testing!
1708  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 12, 2016, 11:34:21 AM
Experimental Trezor Firmware Testing - Firmware Updated (V0311)

Quote
  • Added reconnect handler when trezor is unplugged while simplewallet is active
  • Added tx_seckey storage support to firmware
  • Added support for 'address' simplewallet command
  • Fixed support for entering passwords when trezor is initialized/recovered with password protection enabled

https://forum.getmonero.org/4/academic-and-technical/2495/experimental-trezor-firmware-testing

Please, if possible, help with testing!
1709  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: March 12, 2016, 11:14:26 AM
Any chance of fixing the getmonero.org forum to become more usable? I'm talking about adding pagination in the forum threads. The current "infinite scroll" mode, in addition with the scrolling speed override (why?) makes it really difficult to use it for me (and I'm guessing for others as well).

Edit: I'd swear that I encountered some weird scrolling issues on some pages, but now I don't after a couple of refreshes. Maybe I'm wrong about the scrolling override, perhaps something was wrong with my Firefox.

I guess you could create a github issue on the Monero so people could take a look at it:

https://github.com/monero-project/monero-site
1710  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: March 12, 2016, 11:13:18 AM
@Hueristic, that mail looks fine. Perhaps add the link to the contributors to it?

https://github.com/monero-project/bitmonero/graphs/contributors

(Wladimir J. van der Laan is also on it)
1711  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 12, 2016, 11:09:34 AM
Guys cmon... Let's be real with this hedge fund bullshit. We're going to do more harm than help if we were to pitch monero to a hedge fund right now. Unless that hedge fund manager is computer literative, he/she is going to have to store their stash on mymoner.com and let's be honest, that's not how you want to pitch an idea to a hedge fund. Pet focus on the now before we get ahead of ourselves here.

I agree this should be on the todo list after gui release. Is there anyone actively keeping one? I noticed when I asked who will be handling marketing there was nothing but silence. Is that because MEW has been dissolved and is a bit of a "touchy subject" now?


BTW I have been trying to find a country where an exchange can be hosted that does not cow to fincen but have not as of yet found a list. I had thought The Isle of Mann was one but apparently not after reading this. Boring ass read, skip all the agreed upon terms.

https://www.treasury.gov/resource-center/tax-policy/treaties/Documents/FATCA-Agreement-Isle-of-Man-12-13-2013.pdf

There is no one really "appointed" to handle the marketing currently. There is a trello board for Monero community contributions currently though:

https://trello.com/b/5R2ly4mV/monero-community-contributions

Alternatively, when we really want to market Monero we could create some kind of slack channel and invite the ones who are interested (and capable) to do so.
1712  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 11, 2016, 08:24:15 PM
Frankly, hedge funds won't invest in Monero until they have an easy way to do so where they don't have to worry about storage (e.g. an ETF/ETN). Furthermore, because of the high volatility they likely won't invest more than 0.01% of their portfolio, if even. Moreover, it might be simply too much of a hassle to research for such a small percentage of their portfolio.

Its a tail risk hedge, with incredibly asymmetric return profile.  They understand that.  FX derivative people especially understand it.  The employees will buy it for their own book first.  Then they will offer it to customers if they see a personal benefit in doing so -- that won't be until customers are asking about it though.


I don't disagree with you, XMR probably has a fat tail return distribution which likely is positively skewed as well. I merely noted that it might be too much of a hassle to research initially. Imagine them having to dig through all altcoins to find that one gem (though they probably do this already with equities, but the cryptocurrency atmosphere is pretty novel and buying+storing is significantly more difficult). By contrast, if someone (e.g. Fluffypony) would give a presentation about Monero to them which is easily understandable your scenario is quite plausible.  
1713  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: March 11, 2016, 07:58:08 PM
I'd suggest linking them all of our whitepapers listed here:

https://lab.getmonero.org/

In addition, the cryptonote whitepaper + the review by MRL:

https://cryptonote.org/whitepaper.pdf

https://downloads.getmonero.org/whitepaper_review.pdf

Finally, you could send them this list:

https://www.reddit.com/r/Monero/comments/46gfgv/list_of_prominent_bitcoin_people_that_spoke/

That shows that at least some of the people on the list have looked at the code and/or whitepaper.

PS. It seems like you got a different reply than the standard one reported by other community members here.
1714  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 11, 2016, 07:39:32 PM
Cash to XMR is already available using AltQuik (sp?) as long as you are not in New York

sp?

Link btw -> https://www.altquick.co/buy-2.php?coin=XMR
1715  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 11, 2016, 07:25:40 PM
Frankly, hedge funds won't invest in Monero until they have an easy way to do so where they don't have to worry about storage (e.g. an ETF/ETN). Furthermore, because of the high volatility they likely won't invest more than 0.01% of their portfolio, if even. Moreover, it might be simply too much of a hassle to research for such a small percentage of their portfolio.
1716  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 10, 2016, 06:54:08 PM
Hey guys, did anyone actually not read the entirety of this poll and vote for monero?

https://bitcointalk.org/index.php?topic=1391752.0

That OP suddenly changed the poll title...
1717  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 10, 2016, 06:38:35 PM
I was satirical. My honest opinion is that bitcoin is not dying, that it won't be replaced, and if it did happen it would be a disaster for the cryptocurrency space. All coins would suffer tremendously if it takes that little for the next coin to come along and replace current. A lot of faith would be lost.

Monero is what I look at as a complementary currency.


Agree. I think what a lot of alt-coin folks fail to appreciate is the potential disaster to the entire ecosystem if Bitcoin falls from dominance - it puts the validity of the crypto-scarcity idea itself into play for the first time.

This is also why I think Bitcoin's blocksize-limit absurdity is so dangerous. By potentially becoming high-fee on-chain, Bitcoin is handing a whole bucket of Bitcoin's key transactional (ie, use-as-money) use-cases to alts for the first time. Demand for cheap high-security tx will be met one way or another...

That demand can easily be met by Bitcoin if various parts of the community would get their heads out of their asses. And if not met by Bitcoin, that demand will clearly be met by something else. That something else will obviously gain a good deal of value, both from the transactional flow itself, and some speculation layered on top of that. But if it seriously looks like bitcoin could fall, the long-term crypto store-of-value thesis can easily be said to have serious flaws, and that'll strip away the store-of-value speculative premium from the *entire* crypto space. And since wealth storage and gold-like use-cases are *by far* crypto's biggest potential in terms of driving market-cap, it could be a huge shock if that speculative premium disappears from the space. I think this is what many people wishing for their alt-of-choice to overtake Bitcoin fail to fully understand.


FWIW, I also agree that Monero can be a nice complement to Bitcoin, should Bitcoin remain #1.

maybe, maybe not:

Did people not create social accounts anymore after myspace died?
After all, it's an effort/investment to keep your profile up to date...

Maybe not the best comparison, but I don't think a dethroning of BTC would be bad in the long run.

Lately I am inclined to think it depends on the reason BTC gets dethroned (if ever). If it's stagnation caused by a certain group whom easily can be pointed out (i.e. it is obvious which group is responsible for the stagnation), it might not even have that big of a deterimental effect on the whole cryptocurrency atmosphere. However, if BTC gets dethroned for another reason (e.g. it is going full-steam ahead, but overtaken due to possibly inferior tech) than I agree with your statement.
1718  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 10, 2016, 04:59:34 PM
For first time in history, the european central bank has put a 0.0% of interest for the money.

I guess it mean that the printing machine is going full throttle = crypto going up, no?

Yes, I am trying to get as much fiat as possible in to Bitcoins and in to other altcoins.
Recently also Monero and you guys really inspired me to also invest more in to this!

But I downloaded the lite wallet yesterday and I didn't get it to work.
And i don't want to store it on a Paper wallet yet.
So I am going to download the normal wallet, and install that, but is the blockchain big?

The raw blockchain is around 2-3 GB. On disk it will probably take around 10 GB.
1719  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 10, 2016, 01:41:00 AM
From Poloniex:

Quote
We will be adopting a maker-taker fee schedule beginning March 20th. For more information, visit: https://poloniex.com/fees

Any opinions? Not sure if good or bad. Ought to provide more liquidity ask/bid wise since it will be more expensive to marketbuy.
1720  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: March 10, 2016, 01:15:37 AM
Those are all great links iCEBREAKER, but the one aminorex really needs is this one:

https://www.reddit.com/r/Bitcoin/comments/1qomqt/what_a_landmark_legal_case_from_mid1700s_scotland/
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