A previously published example (my largest XMR purchase to date): I purchased a large-format oil painting in XMR; the artist subsequently paid rent in XMR.
Did the artist pay the rent to someone else than you? It makes all the difference. Plus: did he have a regular contract, and got a invoice? She. No. Was she attractive? |
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Lol Quark and Zetacoin, funny.
Instamined. |
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Yep, in the net you should have evidence that confirms your words, otherwise nobody will trust you
True, true. Having said that - yesterday I was mainly looking in the BTC forums but today, I spent some time in the Alternative section. ROFL - Fear, uncertainty and doubt doesn't even come into it! Add to that paranoia, trolling and manipulation. All this over a few quid here and there. After all, I (hopefully) have 100M BCN and that only amounts to $100-$200.- it should be a hobby or a fun thing??? I'm only an hour in - has there been some kind of Mt. Gox scandal in here? Did somebody die?  BCN was exposed as an 80% premined scamcoin. |
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This is of course very good for the coming monero economy.
Coming economy... When? if bitcoin will get speed in 5-10 years, then Monero - 20-40 years at least. Not sure if I'm ready to wait that long  Bitcoin has opened a lot of doors for cryptocurrency, and has done much of the heavy lifting to clear the way forward. |
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I'd like to request the X73 algorithm that uses 73 different hashing functions. Also I'd like to request a huge, hidden premine.
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This sounds like a good idea, but I hope the core dev team can actually maintain complete independence from MEW.
There have been several instances in the altcoin world of devs getting cozy with outside organizations or businesses to the point where the boundary between the two gets really blurry. Inevitably, the whole thing ends up being an elaborate scam by the outside group, or a plot to gain control over a coin exclusively for personal gain.
For an example of what I have in mind, see the Worldcoin - Scharmbeck debacle.
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sgminer V5 now support Cryptonigsh algo  link? Link OMG Its been question... The answer is "no". |
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How transparent will MEW be to non-members? Will meeting minutes/logs and such be published for public viewing?
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What happened to the github page?
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So either you have no idea what's happening or you don't speak truthfully. Reader decide. I openly admit I have no idea what I'm talking about. Because I cannot honestly figure it out. It might not be a problem for you... I would consider it a problem! Here's a good read to get you started: https://bitcointalk.org/index.php?topic=721045.msg8477489#msg8477489 |
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Anyone have good luck here?
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Monero got big and useful much quicker than I expected! As soon as I gave it some time, I now see. Thank you to everyone involved Do you see it is adopted some where? Once it gets a decent GUI, users will flock in. Next stage is a solid ecosystem. Monero is still young but it's getting there dude. Don't you worry about that! I'd like to think I've been around the crypto block. I started mining bitcoin in early 2011, and progressed to litecoin, etc. from there. Of all the coins that have come and gone through the years, Monero really stands out. The community, devs, promising new tech, rapid progress - everything is very impressive with this coin. I know this is turning into a fluff post, but I feel like we're in the midst of something very special and very important. This is something I haven't seen or felt since the earlier bitcoin days. |
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Honestly with a linux miner out there the difficulty rate will sky-rocket for all these coins.
There are mega-farms that only mine using linux due to its simplicity, if there is a linux miner out there, profitability will go out the window like it did with x11/x13 coins.
It's already not profitable for GPUs imo. Barely 1 USD per day with R9 290. I miss winter profits. I agree. Once you take electricity into account, it's probably unprofitable for most people. |
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Just a heads up and a word to the wise. I've come across some very suspect activity on the part of Crypto Hunger's DGB groestl pool payout management. It was quite easy to flush out given Crypto Hunger's extremely high hashrate in a very newly created algo environment, but since it would not be as easily discovered in a more balanced and mature mining network, I thought it best to bring it to your attention . . . given that if it happened once, it probably has happened before (and/or is still happening).
This is the post documenting the discovery with all the necessary links to confirm this very inflammatory data. (BTW, his response was that he is "not going to explain anything", and you can see his entire post later in the same thread, as well as the serendipitous issues that led to this discovery earlier on, also in that same thread.)srcxxx, Quick question that I hope you can clarify: all subsidies for blocks found on your pool ( http://cryptohunger.com:81/ ) have had 25% taken right off the top and sent to another address. What is the reason for that? Here's the block explorer summary for Newly Generated Coins for blocks found by Crypto Hunger: http://insight.dgb.cryptopoolmining.com/block/dd1f60e865d52fdc02561af3a5367d70a55ff51e9ed76eaae11fb620e38c4faaAs can be easily seen, there are two payout addresses: D96y4y74NUegfYJ8yn9chxbPLrRiypCF6V and DBy3212dWAPPzPcyt5fSSchjyozyr5ejLw When one follows the "money trail", one sees that there are indeed multiple payouts to multiple addresses (miner payouts) for D96y4y74NUegfYJ8yn9chxbPLrRiypCF6V . HOWEVER, the other address, DBy3212dWAPPzPcyt5fSSchjyozyr5ejLw , has ONLY re-SENT coins to ONE address for a total of just over a million DGB and it also still has a current balance of just under another 3/4 of a million DGB!http://insight.dgb.cryptopoolmining.com/address/DBy3212dWAPPzPcyt5fSSchjyozyr5ejLwThe address that has received the one million DGB, DRykTe2nXZpSX1KytPXjvPhGfCAXb4ZBM6 , has also received DGB from other addresses, has only sent 128,100 DGB and has a current account balance of 1,371,300. http://insight.dgb.cryptopoolmining.com/address/DRykTe2nXZpSX1KytPXjvPhGfCAXb4ZBM6That all means that, in less than four days, from Newly Generated Coins on Crypto Hunger, around 1.75 million DGB, or roughly 25% of subsidies, have NOT gone to miner payouts, but are currently "parked" in two separate accounts.
What's the purpose for this?Just out of curiosity. Thanks for informing us. There are some very bad pool operators out there. |
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Can someone give me a rundown on what happend with the bug? What effect did it have on the network?
Someone exploited an overflow vulnerability and forked the network. It's fixed now, and there was no real damage done. |
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It's new code. There will be bugs. If you didn't realize this, you have no business investing in Monero, or probably any other cryptocurrency.
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Most Monero investors at this stage are seasoned cryptocurrency veterans I believe. I doubt many will panic sell over a fork.
If this was DogeCoin circa Feb., 2014, with a lot of relatively mainstream involvement, it might crash. Monero, OTOH, hasn't even broken the top 10 on coinmarketcap.com yet. We may as well be a fringe enthusiast cult.
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Now I realize what was the reason for the mid-move turn back at 510 and the quite strong selling towards 400, which was not supported by fundamentals or anything.
The attackers have taken a short position during the decline (causing the decline), and when they run out of coins, the price also stopped declining. When it started going up, it was the time to attack.
Now if the holders sell their coins so that the price drops to below 400, without corresponding buyers except the attackers, then the attackers have won financially, fleecing the community. (The community has also won, because the bug was fixed and attack repelled.)
I pledge 1000 XMR to the devs for their ongoing good work, and BTC100 will be used to buy moneros in the exchange without further warning if I deem that the scamattackers are about to get too fat a profit from their attack.
I will use another ~ BTC10 to buy XMR once the time has come (/ trading continues). I'll put at least 5 BTC on the table for buying and I'll donate at least 25 XMR when problem is solved to the devs. OK investors and traders. Let''s put up a buy wall at 0.004 and find a floor there. Anyone selling will have to buy back in more expensive if successful. By putting your order at 0.004 you are supporting the floor. I will chip in some myself. I pledge BTC5 in buy support, and will also make a contribution to the dev team. |
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Monero is quite the addiction, lately I don't care much about my BTC stash. just collecting as much XMR as i can before it's too late!
Sorry for posting what might be construed as a shill post, but I am genuinely enthusiastic.
As a purely speculative instrument, I see Monero as a sure winner at this point, at least in the short-medium term. |
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How do you send staked coins?
What you mean? The coins that marked as "stake" in the UI? Yes These coins are accounted as stake, analogous to immature, mint by PoW mining coins, for 50 blocks since the proof-of-stake block found and they are locked from spending during this period. Then they will be returned to the spendable balance. Ok, Thanks! |
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