To go back to some price speculation, the weekly MACD has flipped to green, which is pretty exciting. It flipped 3 times in our history, all 3 times it was precedent to, or during, a (major) rally. Since bitcoinwisdom doesn't have all the data available crypttrader seems a broken for the last few days, I'll use two charts. First, crypttrader, so the start is also observable: Second, bitcoinwisdom, for the current trend: The long downslide also seems to be broken: FYI: I use log scale on all the charts, because it gives a more appropriate image in my opinion. Certainly in high volatility markets such as crypto.
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You might want to read this -> https://www.reddit.com/r/Monero/comments/41ktxm/if_bitcoin_adds_confidential_transactions_like/For the lazy ones: Question: If Bitcoin adds confidential transactions like Adam Back has been talking about, what value will Monero really have to offer above and beyond Bitcoin? Fluffypony's answer: To paraphrase Greg Maxwell, the creator of Confidential Transactions, CT does nothing to hide the "transaction graph", or "transaction metadata". Unfortunately, cute terminology aside, the transaction metadata is the very thing that reveals your transactions. How much you donated to Terribly Racist Slighly-Left-Wing Party Inc. is irrelevant, the fact that your donation can be traced back to you by your boss, your government, your friends, your coworkers, is a Pretty Big Deal^tm.
About the best Bitcoin could do is implement Confidential Transactions for every transaction, and then implement some sort of exceptionally well designed CoinJoin system (one where participants cannot be revealed even through Sybil attacks) on a protocol layer, enforced for every transaction. And even then, in spite of the terrible blockchain bloat that would occur, they'd still not have solved the issue of transactions being linked to IP addresses... My additional answer: First of all, bear in mind that the Confidential Transactions that were proposed for Bitcoin only hide amounts. Thus, sender/receiver addresses are still visible and therefore it doesn't solve linkability nor traceability problems. Additionally, it doesn't hide metadata. This problem will be mitigated/solved in the future by Monero with I2P integration -> http://podbay.fm/show/1032156854/e/1451151298?autostart=1 & https://github.com/monero-project/kovri u/fluffyponyza posted a more detailed reply about this a while ago: (which I unfortunately have to post later, I posted it on a site which is down currently and have no other way of finding it). EDIT: If you want more info regarding untraceability, unlinkability, how Monero works in general and comparing Monero vs Bitcoin, watch this vid -> https://www.youtube.com/watch?v=GEVm1dMn5Ks. The comparison starts at 13:00. Interesting. Thanks. Although that makes complete privacy just an edge case? That might sound oxymoronish, as long as general users can't access transaction details, they will probably believe bitcoin is private. For example people know their Internet habbits are being logged, but generally they don't care, whereas those that do care will use a vpn, Tor, etc. They would still be able to. I think you misunderstood how CT in Bitcoin works. It only hides amounts, nothing else. I just picked up this transaction from the blockchain -> https://blockchain.info/nl/tx/4f242d2f85b5f13f68ea8bf9eba19626be161b479c5065ddc2b2f202b012d141Now imagine CT implemented, it merely won't show 0.011234 BTC, 3.258909 BTC and the total 3.270143. All other information will still be there.
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You might want to read this -> https://www.reddit.com/r/Monero/comments/41ktxm/if_bitcoin_adds_confidential_transactions_like/For the lazy ones: Question: If Bitcoin adds confidential transactions like Adam Back has been talking about, what value will Monero really have to offer above and beyond Bitcoin? Fluffypony's answer: To paraphrase Greg Maxwell, the creator of Confidential Transactions, CT does nothing to hide the "transaction graph", or "transaction metadata". Unfortunately, cute terminology aside, the transaction metadata is the very thing that reveals your transactions. How much you donated to Terribly Racist Slighly-Left-Wing Party Inc. is irrelevant, the fact that your donation can be traced back to you by your boss, your government, your friends, your coworkers, is a Pretty Big Deal^tm.
About the best Bitcoin could do is implement Confidential Transactions for every transaction, and then implement some sort of exceptionally well designed CoinJoin system (one where participants cannot be revealed even through Sybil attacks) on a protocol layer, enforced for every transaction. And even then, in spite of the terrible blockchain bloat that would occur, they'd still not have solved the issue of transactions being linked to IP addresses... My additional answer: First of all, bear in mind that the Confidential Transactions that were proposed for Bitcoin only hide amounts. Thus, sender/receiver addresses are still visible and therefore it doesn't solve linkability nor traceability problems. Additionally, it doesn't hide metadata. This problem will be mitigated/solved in the future by Monero with I2P integration -> http://podbay.fm/show/1032156854/e/1451151298?autostart=1 & https://github.com/monero-project/kovri u/fluffyponyza posted a more detailed reply about this a while ago: (which I unfortunately have to post later, I posted it on a site which is down currently and have no other way of finding it). EDIT: If you want more info regarding untraceability, unlinkability, how Monero works in general and comparing Monero vs Bitcoin, watch this vid -> https://www.youtube.com/watch?v=GEVm1dMn5Ks. The comparison starts at 13:00.
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Why it is not possible to withdraw xmr from bittrex.com? XMR can be exchanged to BTC and BTC can be withdrawn but XMR can not be directly withdrawn. Why?
Sorry if this is not right thread for this question.
Did you ask bittrex? I have no idea how quick their support is. It was working yesterday. I have seen this happen before on bittrex with Monero as well as other coins. It usually lasts less than a day. Ok. Thanks. I have not yet asked of bittrex what is the problem. I also can remember these issues with bittrex. This is why I hold most of my coins in my own wallet. I think I will now take every coin out off bittrex. Ok. Today XMR withdrawals were possible. It's ~2^64 actually, but the problem with Coinwarz is that they used a comma instead of a dot after 18,446,744. Well that is a lot of coins. I do know that after all the 18 million coins are mined, there is about 1% annual emission to secure the profitable mining after that. But ~2^64 coins is new for me. Anyway, could someone do a comparison of XMR/DASH and post it here? There is an other thread on bitcointalk of this issue, but it does not look very active. This compares the anonymity of both -> http://blog.makemoneywhileyouwork.com/2016/01/11/using-alt-coins-to-mix-bitcoins/I don't think there is a detailed comparison of other features/fundamentals currently. Thanks smooth for correcting me btw.
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Btw, fluffypony posted this link yesterday in #monero. It contains the links to all previous binaries (including really old versions). This is very convenient for people that have some issues with old wallets. http://fpaste.org/311755/45305232/@medusa13, average size seems to be around 20 KB, which is pretty normal. Also, amount of transactions per block is relatively low. Bear in mind that during the first malicious fork, the block contained over 500 transactions.
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Bittrex's blockchain has synched.
So are deposits and withdrawals working on all exchanges again? Is Bittrex and Poloniex running 0.9.1? Bittrex just sent with mixing lev 0, so i would say they have not updated. But if I were an exchange I would not update until I was sure there were no bugs in the latest release. Usually a week is a good timeframe to gauge whether there is a glaring error. You will notice that corporations tend to stay with versions they know are stable and do not beta test ever. This is sound practice when money is involved. For all you youngins, there used to be an industry for nothing but beta testing where people actually were paid to make sure a product was ready for the end user. The level of professionalism in this industry is creeping to the lowest common denominator (I.E. M$). And I blame the fools that put up with it for it. /rant off That doesn't necessarily has to be the case. Bear in mind that the default of simplewallet is mixin = 4, but you can still make mixin = 0 transactions via the RPC API, which exchanges probably use. However, for all we know they are still in 0.8.8.6. Anyway, after 20 March mixin = 3 will be enforced.
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I've bought 15btc worth of XMR and will be buying another 20btc, the difference in price, DASH/XMR is killing me..
Now is the perfect time to show some support!
No, you are trolling lol. You hate XMR. It's a bit ambiguous, because he mines with 300 KH/s as well. No short-term hidden agenda here, yeah once XMR takes off and is at least .004 i will start selling/dumping, call it whatever you like.. I was actually commenting on the "You hate XMR" part, should have made that more clear. My comment wasn't referring to the trolling part, let that be clear. Regarding bolded, I can only say that is unlike others with a similiar avatar here :-) Anyway, everyone has their own reason(s) why they are here and given the current price, 0.004 seems like a good price to start some selling. Not saying I will though. Alternatively, you could use this -> https://bitcointalk.org/index.php?topic=345065.0 (sell some everytime it doubles).
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Bittrex's blockchain has synched.
So are deposits and withdrawals working on all exchanges again? Is Bittrex and Poloniex running 0.9.1? Presumably. Poloniex is running on 0.9.1 and withdrawals are working. Bittrex withdrawals are working but I am not sure which version they are running.
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I've bought 15btc worth of XMR and will be buying another 20btc, the difference in price, DASH/XMR is killing me..
Now is the perfect time to show some support!
No, you are trolling lol. You hate XMR. It's a bit ambiguous, because he mines with 300 KH/s as well.
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Please ignore the haters, ArielBit lost 11,000 Monero's on Monerodice and he's here hating only. While Icebreaker is a well known Hashfast scammer, please google Hashfast scam.
The level of hate and jealousy these people bring just WoW man...
No he didn't.
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It's ~2^64 actually, but the problem with Coinwarz is that they used a comma instead of a dot after 18,446,744.
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is there a problem with mymonero today? when i login i can't see any transaction history or balance ...
Indeed - looks like the Galera cluster is getting hammered by a DoS, which is causing deadlocks for legitimate users. I'm busy filtering it out and it should be fine within the next 10-15 minutes. cool, thanks fluffy (for a moment I thought the worst ... cryptsy'ed) Bear in mind that if MyMonero did a Cryptsy, which is actually quite a poor comparison because Fluffypony can't access your coins, you would still be able to recover your XMR.
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From poloniex: XMR Withdrawals and Deposits are enabled. Maintenance has been completed EDIT: Hopefully they upgraded to 0.9.1, which should result in withdrawals being send with mixin >2 (I think simplewallet even has mixin 4 as default). EDIT2: If anyone has some funds on poloniex, perhaps try a little withdraw to see which mixin they use?
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Just to clarify, Classic does not exist yet so these miners are not really running it. This is all politics really they either tweeted or mentioned they would run it and someone threw that into a theoretical chart. I don't think they are really ready to move away from Core, I see it as a way to pressure Core. I think this drama will continue this is just the latest topic of dicussion. This is probably a matter of terminology, but those pools listed on their site actually showed their support here and said they would be willing to switch -> https://github.com/bitcoinclassic/website/issues/3@torknormal, read your post after posting this one, but as far as I know there isn't a Bitcoin Classic client out yet. Thus, basically no one is able to run it yet. Also, as far as I know no changes have been made yet, so it's currently just a fork of Bitcoin Core.
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Here you go:
Thanks. Can you post a link to that ? So is classic a cert then ? I don't recognise any of the guys in that dev team. What a joke the idea of developer "consensus" has been - far from being dismissed, the Mike Hearn route is now "de-rigeur" with every dev and his dog swanning off to create their own fork of bitcoin in an attempt to get it adopted. So there's no "bitcoin royal elite" anymore ? Thats the only way I saw things going ultimately - not a bad thing either IMO. Things suddenly look interesting again. What happens to Blockstream's investment capital now ? Down the tubes ? They buy of the core developers for millions of bucks and overnight they turn into mere spectators in a much bigger playing field ? It's a from this thread. I should note that F2pool's statement was a bit ambiguous (their actual statement should be somewhere on the subreddit). https://www.reddit.com/r/btc/comments/418mcg/f2pool_joins_the_team_now_72_of_the_hashrate/
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Thanks, but I was meaning %age adoption - like in a pie chart of hashpower vs fork-flavour. Here you go:
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