I really fail to comprehend how Dash (or darkcoin or w/e crap name they come up with next week) has any value at all in a market that also has Monero. I guess the market will correct at some point.
Dash aims to create real cash that everyone can use not only some coder geeks selling each other pot in between coding sessions from a wallet command prompt. There's a big focus on user adoption, ease of use, viable funding method and so on. This is the only way the project can grow and become a real alternative to cash. Monero thinks small time and still entrenched in this niche bullshit mindset. Dash is centralized with a single point of failure. Dead on arrival. Funny because it's exactly the opposite. Dash has a decentralized governance model and a decentralized budget system as well. https://www.youtube.com/watch?v=x2bx0quM-h0Whole project is structured as a virtual decentralized corporation. https://www.youtube.com/watch?v=eEJKZjTx9BgI think you forgot to include that only Evan Duffield currently holds the "spork key", therefore it makes him a centralized point of failure. |
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Does anyone have a chart showing historical support and resistance and do you guys think it has any bearing going forward?
Major support zone currently at 165-170k. Resistance zones are 235-246k, 265-270k and ~280k. @Rpietila, both BTC-E and Bitstamp are close to the 5 year mark though. |
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Crosspost: Alice Homemade: first restaurant in the world to accept XMR? On Friday I had the pleasure to make a real-life XMR transaction with what is probably the first restaurant to accept Monero in the world: "Alice Homemade". I ordered two salads to be delivered at my home, and paid the delivery man (who also happened to be the restaurant owner) 12 XMR. There is also a 20% discount if you pay with Monero, and on top of the discount I also got two delicious tiramisus, because... that was history in the making!  (Note I ordered food many times before while paying in XMR. Where I live there is a big website that accept Bitcoin and does the interface between end-customers and hundreds of restaurants, so usually I just pay that website in XMR through https://xmr.to - the restaurants in this case don't even know the command is paid in BTC, even less in XMR). But this time this was different, this restaurant Alice Homemade is now accepting Monero directly! (They were also one of the first in the country to accept bitcoins). Here is the Monero transaction for my two salads: 68be427ec0e6c09961522e444e862b643a86ed0f36aaca170c2116686b5d2f44 They don't have a website, here is the location and some pictures on google. If you pass by (it's close to Brussels international airport), show them some love |
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Is it worth it to lend out some of my xmr on poloniex?
Perhaps at some higher rates, not really worth it if you lend out some at low rates. It only gives the shorters a good opportunity. |
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I just started looking into monero b/c it appears to be the best anonymous coin and the value that can provide is what made bitcoin what it is today. For those of you that don't know what I'm talking about, you don't need to know.
But there is a legit beef. I'm an IT guy and it is NOT TRIVIAL to do transactions. The wallet is called "simplewallet" it runs via a command line interface (CLI). I tried to use some third party gui "lightwallet" but that is a total joke. It wouldn't even write the config file. After 30 mins screwing with that piece of junk, I gave up.
1. There is no desktop GUI client wallet. I find that pretty poor planning. If you have no GUI wallet, then you have no usage. Someone badly needs to step up to the plate and get that built.
2. The fact it doesn't share bitcoin's codebase is both a curse and a sparkling diamond. B/c it doesn't get some free code from the bitcoin project, the client and updates are slower.
Going back to #1.
MONERO GET A GUI CLIENT UP NOW. The coin is worthless if it requires a CS degree to use a CLI wallet to use the damn thing. Consider who your target audience is. Also explain right off the bat what the viewkey is, the spendkey, and the PAYMENT ID (which I understand is mandatory for some merchants in order to verify a transaction even existed). mymonero.com is nice but you understand the entire purpose of this coin is super privacy. You can't have people viewing transactions on a website b/c there's no GUI client. Bam there goes privacy.
That should be priority 1 while you continue to work on the infrastrature. Get some usage, feedback, and more merchant support. Please. Otherwise the entire effort may be in vain.
There will be a GUI not now but soon. It is actively being worked on with most of the work already done and the rest was just funded. See here, screenshots and every thing. https://forum.getmonero.org/9/work-in-progress/2476/the-official-qt-gui-projectIf you are an IT guy it should not be a big deal for you and I assume your critique is about the wider use of the coin. It is an issue that keeps coming up so that will be reflected in the answers you get here. I'm not an IT guy but an idiot but with some motivation and help from the community I learned to use simple wallet with no problems. As an IT guy you can always contribute to this open source project. Well I just joined the dev team to help in this effort. Instead of just bitching, I'm now gonna take part in hopefully making this GUI a reality sooner rather than later. Welcome! :-) It's nice to have someone new on board. |
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Besides pruning and block time in what important ways does Aeon plan to differentiate itself from Monero?
The former will most likely be merged back to Monero if it succeeds the test of time. |
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Aha, so work has already fully started. Thanks for sharing the links. May I suggest posting the links to the funding page as well, since I was under the (naive) impression nothing was happening yet. Except from https://github.com/mbg033/bitmonero, they are all in the OP. I'll ask othe if he can add that one as well. Will the new GUI offer the ability to use the view key function for Monero cold storage wallets? I think it will, I'll ask about it later. Also, you can already check if your funds arrived safely at your (cold) wallet address using this tool: First, make sure to save the transaction hash shapeshift, an exchange, or simplewallet provided you with. Subsequently, you can use the following tool: http://xmrtests.llcoins.net/checktx.htmlFill in your address, the viewkey that belongs to the address (Moneroaddress provides this), and the transaction hash of the specific transaction. It should show you something like: "These outputs are yours". The sum of those outputs should be equal to the amount that was sent. I suggest using a test amount first to try out the tool and get a bit familiar with it. Using this tool you can be certain that your funds arrived safely at your wallet. That tool is perfect. Thank you for making me aware of it. I trust the message the message below but want to learn how it works. Note: this site operates completely on client-side Javascript; no data is ever sent to the web server.
Big thanks to MoneroBlocks for the transaction data API, without which this page would not work.If this means no data is sent to the http://xmrtests.llcoins.net server what about the MoneroBlocks server? I know data must be pulled from from MoneroBlocks in order for the viewkey to work. What data must be sent to MoneroBlocks to make that happen? Does MoneroBlocks have the ability to associate viewkeys with the IP address of the party making a request for data? It's luigi1111's website, who is one of the core-team members. See -> https://getmonero.org/knowledge-base/peopleI'll ask him to comment on this. |
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Aha, so work has already fully started. Thanks for sharing the links. May I suggest posting the links to the funding page as well, since I was under the (naive) impression nothing was happening yet. Except from https://github.com/mbg033/bitmonero, they are all in the OP. I'll ask othe if he can add that one as well. Will the new GUI offer the ability to use the view key function for Monero cold storage wallets? I think it will, I'll ask about it later. Also, you can already check if your funds arrived safely at your (cold) wallet address using this tool: First, make sure to save the transaction hash shapeshift, an exchange, or simplewallet provided you with. Subsequently, you can use the following tool: http://xmrtests.llcoins.net/checktx.htmlFill in your address, the viewkey that belongs to the address, and the transaction hash of the specific transaction. It should show you something like: "These outputs are yours". The sum of those outputs should be equal to the amount that was sent. I suggest using a test amount first to try out the tool and get a bit familiar with it. Using this tool you can be certain that your funds arrived safely at your wallet. |
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Aha, so work has already fully started. Thanks for sharing the links. May I suggest posting the links to the funding page as well, since I was under the (naive) impression nothing was happening yet. Except from https://github.com/mbg033/bitmonero, they are all in the OP. I'll ask othe if he can add that one as well. |
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Donations can't sustain a project. Pure and simple.
How did Bitcoin survive then? Also, there exists a Forum Funding System. |
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lol ETH-ringsigs doesn't solve the "Satoshi Coin Problem": if a big holder of ETh moves his coins to a ring sig dApp, we can actually see his coins moving in. this taints his coins also, transparent transactions will probably still be possible. Mixing isn't enforced on Ethereum-network In addition, that thread doesn't show any development progress whatsoever. Also, we have been over this a few times with primer, so no need to start an endless discussion again. |
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The support zone (165k-170k) got tested once again on high volume. Bear in mind that everytime it holds on high volume it gets stronger and is less likely to break in the future. In addition, the ask side is rather flattish back to 200k. I can only spot one (minor) wall so far at 190k. Furthermore, the lending rates are still quite high, which lets me believe that there are still open shorts out their that need to rebuy/cover.
Also, Bitcoin seems to be somewhat declining currently after reaching a local (high) above 450, which usually is a good thing since most altcoin traders tend to dump on a Bitcoin spike.
The fact we're experiencing a fast and heavy BTC dump makes me confident that we will retest 240-260k soon... I've noticed that XMR does best when BTC is relatively stable. |
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The support zone (165k-170k) got tested once again on high volume. Bear in mind that everytime it holds on high volume it gets stronger and is less likely to break in the future. In addition, the ask side is rather flattish back to 200k. I can only spot one (minor) wall so far at 190k. Furthermore, the lending rates are still quite high, which lets me believe that there are still open shorts out their that need to rebuy/cover.
Also, Bitcoin seems to be somewhat declining currently after reaching a local (high) above 450, which usually is a good thing since most altcoin traders tend to dump on a Bitcoin spike.
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I would like to get involve in this coin and list it on my coins to watch this year but unfortunately they are not traded on yobit,where my coins are and there are no monero faucets listed,this is a very promising coin and surprised that no faucets are existing
yeah... I tried to find some faucets for monero, but I found none... Faucet owners: Here's your opportunity! CPU or GPU mining is a good way to get small amounts. In addition, I think MoneroDice.net was going to set up a faucet. |
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