We have just updated cryptonic.net. The next step is to start promoting it in Bitcoin world as we have produced some physical Bitcoins as well and accordingly to increase the exposure of Monero. We'll tweet something out for you tomorrow to raise some awareness and exposure  |
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256
1000 coin wall on bitfinex just got removed...
I guess i'm back in the game...
If you watched closely you would've noticed that it was bought. Not that it really makes a difference though :-P |
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Monero silent when other alts mooning.
I don't really get why one would dump XMR during a BTC rally. If you stay in XMR and the BTC ratio stays the same, you benefit as well, although the risk is of course higher. |
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@the facebook team: that bitcoinference video might be a good to share on the page Fluffypony told me he was slightly redoing the audio on that vid, because you couldn't properly hear some of the audience' questions. So waiting for that before we share it on FB/Twitter/G+. |
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Crosspost worthy: It has been requested many times, and it is here, at last. https://github.com/moneromooo-monero/monero-wallet-generator is a browser based offline wallet generator for Monero. This means you can generate a new Monero address/wallet without the simplewallet binary. The page is self contained, so is suitable for saving and using offline (ie, possibly on a computer which is not connected to the network). The git commits are GPG signed. If you know how to do so, I encourage you to verify the signature is a valid one. My key can be found in the Monero source tree: https://github.com/monero-project/bitmonero/blob/master/utils/gpg_keys/moneromooo.ascThe Cryptonote code was adapted from MyMonero. I had to change the way it derives the view key to make it compatible with simplewallet. This means the wallets generated are NOT compatible with MyMonero, but with simplewallet. Wallets generated with monero-wallet-generator can be restored at any time with simplewallet: ./build/release/bin/simplewallet --restore-deterministic-wallet --wallet-file mynewwalletfilename Choose a new password, copy the seed you got from monero-wallet-generator, and the wallet will be restored. Only English seeds are supported, due to issues with UTF-8 preventing restoring other languages. This will hopefully change in the future (though low priority). Same thing for non Firefox browsers. I don't have them, so any fixing there is low priority. Last, no warranty. If you have the opportunity, a test restore before moving monero to a new wallet is a good idea, though I guess it kinda defeats the purpose. In addition, you could also use http://moneroaddress.org/ |
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I just voted for Monero to be listed on Cryptsy. You are currently in 2nd position with 27,170 votes. Unfortunately, I don't think it will do any good. Monero was at the 1st position for a few weeks months ago and was not added. But thanks for your effort. Rumours say that cryptsy will get a revamp the coming months and that with this revamp some 2.0 Coins ( non Bitcoin-Clone code ) will be added... so maybe we will see XMR  To add some sources: http://www.polonibox.com/?messageId=2973184Horus is accounts security manager @ cryptsy -> https://twitter.com/Horusisthesun/ |
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It's not a loaded question. It was a genuine request for clarity. However, I've since spoken to the devs privately and they have confirmed that they are on top of the situation. It's potentially very serious, and right now it is best that the details are kept private. That said, if you have any particular concerns I'd suggest contacting the devs directly.
Why are you making such a fuss on bitcointalk then? |
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My observation from the thread and the price is that everyone (me included) seems to want it to go down, if only a little. Yet it is unwilling to go down. The shorting/longing on Poloniex does not seem to have affected the situation at all.
I think the following thesis could be applied to this: When everybody is screaming it is going down, they probably already sold and are anticipating on a correction. However, when everybody already sold, you get a lack of sellers and thus price will resist to go down. Opposite is for when everybody is bullish. |
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Good shit you guys seem to be smoking... price is too high at 2x the all time low?
Long squeeze?
This isn't all-inmarginlongdoubledownFINEX
Good luck shorting.
I wish Polo would announce the short/long ratios so people could see what is the situation. The fact is, there have been a lot of bitcoins borrowed from me at pretty hefty rate and Moneros very few borrowed even with relatively moderate rates...I am not shorting nor longing but lending since it is the only way the income is guaranteed. However I am a little bit worried for the people who are margin longing Moneros at Poloniex. I think I will get my bitcoins eventually paid back - anyway the 30 day maturity is running to the end soon so I will get the money back but I wonder if the borrower make any money if he or she waits until everybody start dumping and the bears will wake up. Anyone can follow bull-bear ratios indirectly by following the rates one can borrow any currency. This is partly flawed, because BTC could also be borrowed to go long on coins different than XMR. |
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In other words you got burned. Really bad. Immediately after you sold the price began to rise. A 100k wall came up and crushed your dreams of buying back at 0.0017. Don't be such a bad loser, learn from your failure instead and turn a profit next time.
Seriously, I am very happy and I sleep very well , do not worry about me..  I wouldn't say burned, because he didn't lost any money. The reward is rather low for this kind of risk though. Nonetheless, percentagewise it is an okay, but conservative, trade. |
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Hello newly registered fake account,
I am willing to proof it with a monetary bet of 50 BTC or the equal amount in XMR;
Whichever escrow is used is up to you as long as he´s neutral and has a good reputation.
How do you do that? You can, for example, give risto 25 BTC and tell him to say he did it. How can you prove it? 1. I said a NEUTRAL Escrow. 2. We would go to a notary/lawyer to testify the trade history, costs a few hundred bucks. Better make a fake Wall.  How is this relevant? |
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There is also a black swan in form of Monero sidechains brewing in the future
Will never fly due to the consolidation effect: I can't wait for the multitude of sidechain forks that all compete with each other. Sidechains themselves require incentives to operate securely, such as fees and the continued security of the Bitcoin network, so I'd guess we'll start to see a lot of the same issues in sidechain space as we do in altchain space. I really don't think there's any difference between the two. You can also issue your own assets already on Bitcoin (e.g. coinprism, counterparty), so the notion of token issuance for use in general scamming will surely appear on sidechains as well. You can't out-technology human speculation in finance.
There is no speculation incentive because all investments are denominated in BTC. Thus this will force consolidation. Unless there are revenue models and/or dividends for side chains. So you're basically saying XMR will never fly because it is (currenlty) pegged to BTC? What is your opinion if it won't be pegged anymore? Is XMR tracking BTC with the same ROI? My point is that side chains on XMR is silly. XMR needs to leverage BTC side chains. I get your point now, misread your previous comment a bit. I agree that sidechains on XMR and sidechains in general are a bit silly. Anyway, sidechains on XMR will probably take another couple of years, if they even get released. |
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Hello newly registered fake account,
I am willing to proof it with a monetary bet of 50 BTC or the equal amount in XMR;
Whichever escrow is used is up to you as long as he´s neutral and has a good reputation.
How do you do that? You can, for example, give risto 25 BTC and tell him to say he did it. How can you prove it? Provide a picture of his/her polo trading history? |
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There is also a black swan in form of Monero sidechains brewing in the future
Will never fly due to the consolidation effect: I can't wait for the multitude of sidechain forks that all compete with each other. Sidechains themselves require incentives to operate securely, such as fees and the continued security of the Bitcoin network, so I'd guess we'll start to see a lot of the same issues in sidechain space as we do in altchain space. I really don't think there's any difference between the two. You can also issue your own assets already on Bitcoin (e.g. coinprism, counterparty), so the notion of token issuance for use in general scamming will surely appear on sidechains as well. You can't out-technology human speculation in finance.
There is no speculation incentive because all investments are denominated in BTC. Thus this will force consolidation. Unless there are revenue models and/or dividends for side chains. So you're basically saying XMR will never fly because it is (currenlty) pegged to BTC? What is your opinion if it won't be pegged anymore? |
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You had to be a blindfolded flatworm walking backwards in the pitch dark to not have seen that coming. Present for the trolls - their very own "not-used-for-anything-valueable", manipulated to death, designed in the 1990's for banks, sold in the 2010's to gullable crypto-trainspotters (minus the bank) cryptographic gunk that they so love to promote in this thread.... -snip- ....sorry, it's off the bottom of the chart. Didn't want to take up a whole Dash thread page for a single candle I have to correct you here. This sell off was not caused by the news of sidechains, that news already came out 16 hours ago and most of the day it stayed above 0.0023. This sell off was merely created by some whale, whom is playing games and causing panic in the poloniex trollbox. One should remark that the trollbox on poloniex and thus the traders are generally very influencable. |
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Blockstream just released testing environment for sidechain. The actual implementation is still a long way but i'm curious could sidechains theoretically kill all altcoins (including Monero) ? Let's say someone would copy Monero into monerosidechain, people can move value from bitcoin to monerosidechain with a fixed rate to take advantage of anonymity. Would that leave the purpose of holding Monero only for speculation ?
(un)luckily sidechains are an incentive disaster due to the two way peg and its core developers wrong assumption regarding digital scarcity. when they solve this ideological problem, which will probably never happen, altcoins could lose much of its credibility. This only applies to Bitcoin clones, however I still see a future for non Bitcoin clones. Regarding XMR I still see a bright future for us. One still has to go from BTC -> anonymous sidechain -> back to BTC, so a three letter agency can still see if you went on the anonymous chain and thus making yourself not fully anonymous. Fluffypony told me he would write a more extensive post regarding this matter later this day, so let's wait for that as well PS: Miners can also censor transactions coming from that chain, sidechains don't change a damn thing about the, in my opinion, flawed fungibility from Bitcoin. Regarding fungibility, check this post -> http://www.reddit.com/r/Bitcoin/comments/374ss5/the_problem_with_bitcoin_that_everyone_seems_to/ (credits to dnaleor). |
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Crossposting for visibility. Seems like an interesting project to raise some awareness and simaltaneously contributing to charity. Community is one of the most important features of the cryptocurrency movement it seems. "Bitcoin culture" has engendered real world meet-ups, collaborative artwork, entrepreneurial start-ups, academic research, online forums, and so on. It is cross-cultural 'mycelium,' truly. As it relates to Monero, L. L. Zamenhof synthesized Esperanto with the intentions of bridging the ethnic differences of a then highly divided Europe. To my mind, it is a symbiotic language of peace, much like mathematics. Both domains of linguistics and math strive to find similarities and harmonic structures in our collective noösphere. With that said, I wanted to ask other people here for their opinions on this. How do you feel about a website (U.S.) that would make donations to the non-profit of your choice using Monero? The service is essentially an XMR -> fiat conversion and donation manager. The transaction receipt will be automatically forwarded to the email provided at the time of donation. Benefits: One can select from a list of dozens of non-profits/charities and donate to multiple ones simultaneously, without the hassle of filling out online forms and information. It also offers a way to donate semi-anonymously via our service proxy. A community hall of fame (similar to the one for XMR development donations) will be set up visibly on the website to commemorate those inclined to give. Why Monero: The newly proposed International Flag of Planet Earth utilizes Borromean "Ring Structures" - similar in topology to our linkable ring sigs. Aside from helping people (our idealized, digital local-to-global priority), allowing Monero integration with non-profits helps further legitimize the currency outside of the anonymous libertarian slant, heralding its other promise as E-cash. Most tangibly, it will provide much needed exposure for the fledgling currency. Additionally, it appears that in due time many of our prescient investors/miners will be able to contribute a small portion of their growing profits without much effect on their bottom line. Gold in, gold out: One of our team members is in touch with a few bitcoin media publishers who would likely run an article or two to highlight our efforts, should we make progress with this. Fee structure: The goal of this utility is not to generate income, but a small <1 XMR fee structure would help maintenance & any overhead costs. It could also be specified that should any revenue actually exceed the basic costs, those funds will be donated to core developers with full transparency. Thanks, View Keys! Your input: What are the advantages and disadvantages of this idea? How could it best be implemented? Strengths/weakness going forward? This is all highly provisional. If anyone wants on board, we could use extra skill-sets. Edit 1: -> Example draft of front page graphics. A professional designer will be hired. Ideally, there will be drop down menus for the non-profit and research selection (optional). Then the Monero logo in the middle of the page will transform into a customizable value box and/or QR code to submit desired payment. Graphics credit to Rob @ http://cryptsites.com/ Topic here -> https://bitcointalk.org/index.php?topic=1084373.0 |
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this is insane...... I saw it many times this is pump and dump scheme.....but of course nobody knows how high it can go. It can surely goes to 400,000 again.... would love to believe that people in Argentina started to throw away pesos.... but I am afraid its not this time all crazy volume is only on Poloniex where you can margin trade ... and guess what.. you can short XMR... and guess what, since that time, aprox 3 weks ago some coins which are overpriced strted to climb up... if you have 250 BTC and want to buy XMR, would you be that dumb and make one big buy order at this time?  ? and would you push it higher and higher all the time.... Oh my gosh, not even blind sheep could follow that path... this is just insane.... more than insane when you could easily buy it for much better price on bitcointalk, on OTC market from some early adopter??? when we see finally some cryptocurrency with mechanism again P&D??? emunie was my favourite till 2014... when I realized that something is wrong.... (except dumb name such as EMU /european monetary union/ they are still beta.... I understand that its hard work but why it lasts 2 years??? oh man its just another big pain..... https://www.facebook.com/eMunie.Currency?fref=tsafraid that ("negative") articles about founder were correct [1] The guy who put that buywall there already owns a lot of XMR. He could be propping up the price, but his last buywall was bought, so it also could be just a genuine buy wall whereby he doesn't care too much which price he'll get. [2] Although XMR is fairly P&D proof due to it's high inflation, there is no way you can exclude pumpers (speculators) at all and develop a cryptocurrency which is P&D resistant. As long as the cryptocurrency scene is unregulated for most part, it will attract people with malicous intents. Furthermore, P&D still exists on stock exchanges that are regulated, so probably regulation won't scare them off anyway. |
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