If such legit merchant processors as Bitpay and Coinbase reject dirty BTC, why do you think any crypto transaction processor will accept XMR payments if everyone knows that XMR is widely used for dark deals? The laws in every country are different and will impact the decisions of companies like Bitpay. If enough companies start to blacklist BTC then the acceleration to alternatives such as Monero will accelerate In the field of AML/KYC/Anti-terrorism all countries laws are relatively similar, so don`t expect that big companies will invest in stealth digital currencies. So stealth currencies will only be used in dark markets which is a very limited frame of usage. I think the same they were saying about bitcoin at the beginning. And off course it was and still is used for this. If it was used for legit purposes only, you wound not have any drama with anyone rejecting it or were required to mix coins to make it 'less tainted'. And "encryption will only be used for illegal activity" - disregarding just about everyone benefitting from it today. I suppose the point is that a thief beliefs everybody steals. Some are willing to forego all the benefits that come as long as the negative things are avoided (which they never are, and it is debatable to which degree different "negative things" really are that negative, such as dark net markets). Likely because they can't see the potential benefits and/or they will lose power from a change in status quo. That logic is flawed as PRIVACY in the US and by the constitution is a RIGHT. It isn't illegal. Just BS politicians wanting to be nosy so they can peak into your privacy and see what you are doing as they dont want people to challenge the status quo. A right is something that is given to you. It can be taken away from you at a whim. Don't be fooled. Besides, many things that are unconstitutional has already happened and many more will happen. Not just related to things that violate the rights of average joe, but especially things that relate to the rights of activists or in this case crypto-enthusiasts. |
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Oh no.. we gotta stop this conversation. We're tanking the price!  |
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If such legit merchant processors as Bitpay and Coinbase reject dirty BTC, why do you think any crypto transaction processor will accept XMR payments if everyone knows that XMR is widely used for dark deals? The laws in every country are different and will impact the decisions of companies like Bitpay. If enough companies start to blacklist BTC then the acceleration to alternatives such as Monero will accelerate In the field of AML/KYC/Anti-terrorism all countries laws are relatively similar, so don`t expect that big companies will invest in stealth digital currencies. So stealth currencies will only be used in dark markets which is a very limited frame of usage. I think the same they were saying about bitcoin at the beginning. And off course it was and still is used for this. If it was used for legit purposes only, you wound not have any drama with anyone rejecting it or were required to mix coins to make it 'less tainted'. And "encryption will only be used for illegal activity" - disregarding just about everyone benefitting from it today. I suppose the point is that a thief beliefs everybody steals. Some are willing to forego all the benefits that come as long as the negative things are avoided (which they never are, and it is debatable to which degree different "negative things" really are that negative, such as dark net markets). Likely because they can't see the potential benefits and/or they will lose power from a change in status quo. |
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in fact, the service I described might actually be what banks become - auditing services. Centralized repositories of transaction data. So if big company X wants to do business with big company Y, they will pay some fee for First National Bank of Monero to inform them that their account in the blockchain is in good standing.
In essence, these services are still "banks", they are just banks of information... (which is kind of what they are today, just abstracted via money)
In some ways it is misunderstanding what banks are today. Banks are not predominantly retail banks anymore (or at least that is not how they make the majority of their money), they are predominantly investment banks. |
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If such legit merchant processors as Bitpay and Coinbase reject dirty BTC, why do you think any crypto transaction processor will accept XMR payments if everyone knows that XMR is widely used for dark deals? Can you substantiate that claim? Anon coins are created for dark markets. Believe me no one will use XMR which does not even have a direct fiat-xmr exchange for legal purposes For legal activity there is BTC which can be very easily purchased. Privacy has tons of benefits not relating to dark markets at all. Would you publish your bank account balance, payroll and supplier payment data on a transparent blockchain for all your competitors to see? The answer should be obvious So do you think governments will allow anon coins while they know they breach AML policies? Some years ago people were hiding their bank account balances, payroll and supplier payment data in offshore banks but currently there are no more offshores guaranteeing privacy. They all accepted AEOI rules under USA pressure. That is the classic approach. That is what people said about the internet, about cars, about most new technology. Sure, often it's those who do nefarious activities that want to utilise new technologies - as will enthusiast and then the rest of everyone else. Most things can be used for good. The same with untraceable crypto-currencies. Most use-cases are positive, good for society and mankind. It's a precarious case for those in power, because the more they stomp the better the technology becomes. And much faster. |
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I showed this to a few friends the other day. Is it possible that we have discovered the native fractal pattern for Monero? File this one under wild speculation, for sure.    3200 xmr/btc? That'd be 70-80k usd/xmr at recent prices.  |
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You have to be careful about drive feezing, because if you go too cold, or run the drive for too long at cold then the spindle bearings will be destroyed. The bearings may damage the platter surfaces if they emit any particles or gelled lubricant while running cold, which would dramatically decrease the chances of data recovery by any paid service.
geeez! Backup folks. His most +EV play here is simple. Do not do ANYTHING to the drive.1. Buy ~$200+ in XMR (this step is optional). 2. Put drive on shelf. If XMR goes to the MOON then he can easily afford to recover the other drive, and he will not have done any extra damage by spinning up a damaged drive. If XMR fails then he's out what? A couple hundred bucks? All the while you get to enjoy being part of the speculative family again. Yes, jeez. It's cheaper to buy new coins for him than to repair the hard-drive. Keep it around, at one point it might be cheaper to repair it that buy the equivalent. |
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well i think tc is right, at the moment, monero is too expensive. shorting is probably the best choise you can make
Contact your employer. Tell him he's not getting what he paid for. (or you could ask for a raise in order to make posts with better quality) |
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still feel dull, took me some times to process the somehow bad news. atm i really dont know how it will play out in the future, some people definitiley left polo. maybe they will return if it stays the only liquid market, but for now i dont think so. even if this has nothing to do directly with xmr at all, yesterday was one of those rare nights i turned my node off after all my transfers finished.
i was very bullish the past few weeks, but now my sentiment somehow turned due to this. i feel cheated by poloniex. not becasue they implemented those rules, but becasue of how fast they did it and how they communicated it. the capital flight out of polo was sure enormous and is not yet finished it seems. people clearly prefer btc to withdrawl. maybe the people joining becasue of margin trading will compensate it, maybe not.
and no, i am not a botnet owner.
I don't know why this impacted your decision to turn off your node? Polo is a U.S. exchange, they need to comply with U.S. law. It sucks that it happened so quickly, but I'd rather there be an exchange than none at all. I believe decentralized exchanges are coming, and when they do so people will be able to trade freely and anonymously. Poloniex changing their rules certainly makes our short term direction cloudy, but if you check, there are a lot less sells than buys. I think what he's saying is that Poloniex has been a great supporter of the Monero community. By implementing their policy change with an obnoxious and customer-hostile two-day notices (where people who happen not to be online every day are not forced to give up their information or have their coins stolen) they just told the Monero community go fuck ourselves. Without even so much as an explanation other than "Hey guys, good news, you can trade on margin and pay more commissions now!" Compliance is perfectly fine, and to be expected. Giving your biggest customer base the finger with a two-day notice is not. And I told them that when they contacted me to try to smooth things over. Fuck you Poloniex. You screwed up here. You are right that they are cocksuckers due to the timeline they gave, but asides from that I don't think the direction they are going is bad. They aren't asking for much info for level 1 verification, data that could be easily fabricated. I agree that they messed up and that the two-days deadline was a really big 'fuck you' to their customers. Once a cocksucker, always a cocksucker. Such short notice shows either: - a lack of professionalism (in which case you should lower your trust-levels towards them) or - them trying to pull it through rather fast and inconspicuously, likely weathering how fast they could do it without pissing of people completely (in which case their whole attitude should be questioned and your trust towards them should be adjusted) What it doesn't show is any trying in protecting customer data (for whomever is snooping). The case can be made though that it is only traders who trade on there, and as such they log in every day. Otherwise you shouldn't have a balance on there. That point is irrelevant in my opinion. Realise though that they likely have a gun pointed at their heads. It is either KYC/AML or die. That doesn't excuse the very short implementation time, especially when withdrawals have been an issue for many people. But plenty of other people have had guns pointed to their heads and have acted better. You should not give fake data to them either, because a) You (likely) breach your contract with them, b) those who would want to track you can track you anyway, likely and c) if you can not provide ID to support that data later one when they will require more (and ohh.. they will require more in the future, don't doubt that for one average monero transaction confirmation..) your funds will be confiscated. In particular we should be opposed because 3'rd parties with subpar security shouldn't handle our personal data. |
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Not sure you read his post carefully. Say monero goes to $25. Is $250 worth the risk to recover 534x$25? That's a question for you to answer. But how much does it cost to put the broken hard drive on a shelf until monero is worth $.00003 or $25.00?
ATM, Monero is around 30 50 cents. Spend 260 dollars and you get your moneroj back, in a way. If later on, one monero is worth 250 dollars, so much the better, but right now, it is not. It would be like saying that the 10 000 BTC pizza guy lost millions. Crap, he did not lose a thing if he bought back (and I am pretty certain he did, at least partially). Edited that for you. I agree with you btw, you could also just store it somewhere safe at home and try to recover it when Monero is worth a lot more. However, the mental impact of a non-recoverable disk will be greater when Monero is worth a lot than now. A reason to recover it now versus later is that the parts needed to recover it might not be available at a later date, depending on what is wrong with it. Sometimes these drives need circuit boards or chips that almost exactly match the drive. At least, that is true with magnetic drives. I'm not sure if it's as relevant with SSD drives. Also, apparently, there are issues with leaving your ssd without any power for prolonged periods of time. http://www.zdnet.com/article/solid-state-disks-lose-data-if-left-without-power-for-just-a-few-days/But, if it is cheaper to buy x amount of Monero than possibly recovering x amount of Monero.... |
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man, who do we talk to in order to fix stuff like this?
You can't. Those are paid PR services, they'll run whatever you pay for. Most if not all cryptocoin "news" sites are like that. The best you can do is to try to educate people not trust those sources, and indeed to actively distrust anything you see promoted/mentioned there. Precisely. Understand the difference between journalism and PR. |
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yeah, fact of the matter is some large made up percentage, how about 90%, of people use windows. And MoneroX works great on windows (at least for me).
I wonder if 90% of Monero users trust their XMR to Windows. I do not. elrippo does make some very valid points. Edit: The biggest risk here is not the .net framework itself since Microsoft has released it as FLOSS but rather that it can open the door to other Windows Malware on a GNU/Linux system. A similar problem can occur with the Wine project. Honestly, I don't think his generalities were very valid at all. ArticMine, "opening the door to Windows Malware on GNU/Linux" sounds like FUD to me. How about we focus specifically on MoneroX, and not all these broad generalities. I think they are valid. They are valid because nothing is stronger than the weakest link. Why go through all the trouble of state of the art cryptography bettering it all the way, being pedantic (and this is meant as a positive) about the smallest issues in the technology itself, when you are going to run it (and your private keys and all meta-data surrounding it) on a malware / NSA infected computer? It's not FUD. It's Due Diligence. |
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Could we get back on topic?
Sorry you are right. It is largely my fault. I have an off topic thread for the monero community somewhere. Well I found it... Kind of... https://bitcointalk.org/index.php?topic=1007593.0 Weird... Wonder where it went and why. Thanks  So.... Price... ..eh? If Bitcoin starts a strong bull run this week? It will probably make xmr follow, but with a lag, and an overshoot. So imminent you'd be able to pick up cheaper xmr, which would later become more expensive. |
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Could we get back on topic?
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Over in the Monero thread, they are saying that that is probably the payment ID. If that's the case, then where is the payment address, and why is the payment ID being treated as if it's the payment address?
Cross-post: It IS the payment ID they are showing you. Not the address. (note the ID is 64 characters and no capital letters.) A raw Monero address on the other hand is 95 characters long and starts with the number 4. (and contains plenty of capitalised letters). |
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Why so narrow window? Tried the full width?
It shows clearly in my Chrome, payment address and payment ID.
Well, it actually pops up with a massive QR code and you have to scroll down to see anything else, so I narrowed it some and lengthened it to have it all fit in the image, but... No, there is *no* payment address and payment ID there, no matter how wide I go. I think you are looking at a different Shapeshift feature than I am. I'm using https://app.purse.io/spend, then I buy something, and choose "Pay with Altcoins", select Monero, submit that, and it pops up the shapeshift.io/shifty.html page that you see in the image. It IS the payment ID they are showing you. Not the address. (note the ID is 64 characters and no capital letters.) A raw Monero address on the other hand is 95 characters long and starts with the number 4. |
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Recently I went to a bitcoin meetup and met someone who was wealthy and now a fairly large holder of BTC. He does not use bitcointalk and had never heard of monero. He is very interested in fungibility and has concerns about blockchain analysis de-anonymizing BTC. My point is that not every BTC fan spends time on this website or knows about monero. Many just think alt coins are scams or fear they may dilute the BTC market cap. However once educated, many of these people will become VERY interested in monero. I suggest this: 1. Go to meetup.com and start attending bitcoin meetings in your area 2. Talk about bitcoin. Don't be overly aggressive, but do mention Monero when the situation presents itself 3. If there is sufficient interest, start a local monero meetup 4. Edit your localbitcoins listings to mention monero and your listing on https://www.moneroclub.com/offers/4. Lets build a global Monero community from the ground up by reaching outside the bitcointalk community! Good advice. |
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Monero seems more and more like a failed project to me. I am not so sure if i ever will rebuy this coin
Why? I see you have an Monero avatar. Ok the trend is down now but it is a good concept and good dev team. Not following this threat on day2day basis but can you give summary? We raised the ire of the some loud and hostile dash supporters, who came over here to shit talk us. Nothing bad has happened at all. There is no 'threat'. Ok thx I understand. It is a professional FUDDER I understand. I keep supporting Monero because I like this currency. Nearly one year now or is the anniversary of Monero passed already? Passed some days ago. 18th of april. |
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@mrkavasaki When price will come to 0.001 , you will buy or you will sell the rest that you will have left from selling all few days ago? I see old group of Monero FUDers returned to Forum. Even kuriso is here, who was fully sure Monero will be worth 1 cent till last Christmas I'm just going to point out the obvious to new-comers and people without a clue. What often happens is the same person or group of people control several accounts. These accounts are can quickly change sentiment towards Monero (just like truecryptionaire, or kavasaki or whomever) and then there are accounts that never changes sentiment for the sake of continuity, but only write a lot on the forum when it is "needed". So when the need for sentiment to go bear, the bear accounts are brought out, and when bull sentiment is needed, the bull accounts are brought out. That doesn't mean one should see ghosts everywhere though. |
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You don't even care. I know for a fact all developers combined don't hold more than 100k xmr. You have no incentive to continue work on xmr so please leave and let others/my team take over...
I can say for a fact that you don't know that for a fact. The rest of your criticism was valid in that it was opinion, but this is just made up. As far as "your team" (assuming such a thing even exists) taking over, if there were any indication that the community wanted that we would hand it over. We work for them. Don't hold your breath. If you have a great team and you think coin development is something worthwhile you should go and start your own coin though. Or.. primer-'s "team" could just start doing pull-requests. He doesn't have to be maintainer of the repository to add a lot of work. And no one is going to hand him over anything without huge amounts of work already done. Primer-, start doing pull requests, and show what your team is capable of. Otherwise you're just trolling. This is open source... |
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