[XMR] Monero - A secure, private, untraceable cryptocurrency

[owlcatz]

I love this coin for it's innovation but what eludes me is why it never takes off.  

It is a top 20 coin (top 10 if you exclude premined/nonmined) in a universe of hundreds (at least) of altcoins. I'd say that counts as taking off.

Seriously?  It's horrifically user unfriendly and unrefined and it's still in a race with XC, Dark & BTCD.  If/when it pulls away and polishes it's features off (doesn't take all your ram, official GUI, etc) it will launch IMO.

Doing very well all things considered ...

i would not say it's "horrifically user unfriendly", but it's not like most wallets for sure - I'm sorry that most people today are petrified/scared/turned off by CLI, but as an old school dude, i love it to be honest. i don't care about the gui wallet, it will just inflate the price once it comes, making them harder/more expensive to buy.

TL;DR = This coin has serious potential. the longer no fancy wallet is out, the more time to buy in early...

edit - not to mention, since the .10 tx fee's started, i'm moving much less around, especially mined coins. too expensive to move them!

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[owlcatz]

I love this coin for it's innovation but what eludes me is why it never takes off. 

It's just not ready yet.  When the GUI and database are ironed out, I believe we'll see much more adoption.

So, I view our current status as something of an IPO.  Or a technology preview for us alpha nerds.


I remember years and years ago when Bitcoin was simmering below the surface.  You'd see an occasional release posted to Freshmeat and whatnot.  This is very similar.  Command line and all.

Spot on brotha!! Thanks!!

[smooth]

Anyone who wants a GUI is free to use one of the third party ones, the development of which were supported by the community including the core developers.

Just because we are working hard on a brand new GUI that is truly revolutionary in terms of ease-of-use and design does take anything away from the more traditional GUIs that are available now:

Monero Client .NET (for Windows) - Please use v0.39.0-rc.1!
Monero QT Wallet (for all platforms) - You need to compile it from GitHub

[parker928]

I love this coin for it's innovation but what eludes me is why it never takes off. 

it's because of the emission, those who are patient will win big.

[daWallet]

fyi:

http://da-data.blogspot.de/2014/08/minting-money-with-monero-and-cpu.html?m=1

[eizh]

Sorry guys....  Big scam is going on here.

http://da-data.blogspot.de/2014/08/minting-money-with-monero-and-cpu.html?m=1

Did you actually read it? He's talking about what was going on in May and June. It was known to us and seeing as XMR isn't dead, it didn't have a big impact. Others also released fast CPU miners and the GPU miner wasn't much more effective than CPU miners.

Also, people who know how to code making their own private miners isn't a "scam". You might as well complain that surgeons make more money than you because they know how to perform surgery and you don't.

[wachtwoord]

I upgraded to the newest version but now the bitmonerod executable keeps giving errors that the transaction fee is not enough (tx_pool.ccp:91). I' not making transactions or anything, merely letting the node run and syncing. When I refresh my wallet I don't get any errors.

Does anyone have an idea what this is?

[eizh]

I upgraded to the newest version but now the bitmonerod executable keeps giving errors that the transaction fee is not enough (tx_pool.ccp:91). I' not making transactions or anything, merely letting the node run and syncing. When I refresh my wallet I don't get any errors.

Does anyone have an idea what this is?

It's just network chatter. You can ignore it. These specific notifications are because we recently hiked fees to prevent spam attacks (with a more adaptive fix to come in the next release).

[daWallet]

I read that the dev made that on purpose. Just wanted to inform you. I'm not and will Not be invested in your monero. Good luck

[wachtwoord]

I love this coin for it's innovation but what eludes me is why it never takes off. 

It's already trading well above $2. It took Bitcoin quite a bit longer to achieve that (and total supply is roughly comparable).

[GreekBitcoin]

I read that the dev made that on purpose. Just wanted to inform you. I'm not and will Not be invested in your monero. Good luck

you didnt read well

[RentaMouse]

Anyone who wants a GUI is free to use one of the third party ones, the development of which were supported by the community including the core developers.

Just because we are working hard on a brand new GUI that is truly revolutionary in terms of ease-of-use and design does take anything away from the more traditional GUIs that are available now:

Monero Client .NET (for Windows) - Please use v0.39.0-rc.1!
Monero QT Wallet (for all platforms) - You need to compile it from GitHub

I have to agree, there's even a nice illustrated "Getting Started" user guide for the .NET client

I know some people view .Net as the bloated offspring of the diseased beast that is Windows, but for the average user who just wants an easy way to look after their Monero it ticks most of the boxes.

[owlcatz]

I read that the dev made that on purpose. Just wanted to inform you. I'm not and will Not be invested in your monero. Good luck

Go die in a fire get fucked, you bytecoin/CN shill.

Edit.. so .. why are you even here? Oh cuz your butthurt. hahha. have fun loser.

[Whtwabbit]

Anyone who wants a GUI is free to use one of the third party ones, the development of which were supported by the community including the core developers.

Just because we are working hard on a brand new GUI that is truly revolutionary in terms of ease-of-use and design does take anything away from the more traditional GUIs that are available now:

Monero Client .NET (for Windows) - Please use v0.39.0-rc.1!
Monero QT Wallet (for all platforms) - You need to compile it from GitHub

I have to agree, there's even a nice illustrated "Getting Started" user guide for the .NET client

I know some people view .Net as the bloated offspring of the diseased beast that is Windows, but for the average user who just wants an easy way to look after their Monero it ticks most of the boxes.

"Using the bloated offspring off the diseased beast that is Windows" net wallet  Will I be able import the wallet file and keys directly into the new gui when it is released? Or will I have to create a new wallet and send the coins to the new wallet?

[othe]

No your .keys file and the deterministic seed will work with every wallet we will publish, you can even use the same keys file on different guis or spv wallets when they are out without problems

[Whtwabbit]

No your .keys file and the deterministic seed will work with every wallet we will publish, you can even use the same keys file on different guis or spv wallets when they are out without problems

Thanks

I missed the deterministic seed bit when I setup my wallets, I guess I can generate one with the files I have in my walletdata file

[dga]

I read that the dev made that on purpose. Just wanted to inform you. I'm not and will Not be invested in your monero. Good luck

you didnt read well

Reading comprehension is hard for sockpuppets.  Something in the sock material seems to cloud their eyes.

To others reading the thread, while I'd of course encourage you to actually read what I wrote.

tl;dr:  Bytecoin was a scam, they crippled the miner, Monero inherited it when Monero was still "bitmonero", and it took a while before the Monero devs got the code fast by undoing the crap that Bytecoin had added.  During that time, I made some money.  After that time, I didn't.  That time has been over for a long time.

To their credit, the Monero devs have always been up-front that there's a lot of work to be done with respect to auditing, both in cryptography and design, and in implementation, and they've made credible progress at doing so.  One hopes that any baggage from the cryptonote/bytecoin fork has been priced in and is well understood by the community, given that the coin's been around for months and the developers have been very up front about these things and their plans for addressing those risks.

@daWallet, please don't misrepresent my post further.  It's unbecoming, even for a puppet.

[smooth]

I upgraded to the newest version but now the bitmonerod executable keeps giving errors that the transaction fee is not enough (tx_pool.ccp:91). I' not making transactions or anything, merely letting the node run and syncing. When I refresh my wallet I don't get any errors.

Does anyone have an idea what this is?

It's just network chatter. You can ignore it. These specific notifications are because we recently hiked fees to prevent spam attacks (with a more adaptive fix to come in the next release).

More specifically the message comes from people still running the old version. Your node detects them and cuts them off. Safe for you to ignore and everything will work fine.

[DrG]

I must say that I am impressed with the dev team.  Obviously more money pouring in would help things roll out faster but finding open palms is somewhat hard with all the scams brought onto the forums.

I remember the BTC infancy days and all the problems.  Monero seems to be BTC2.0 but in a hyperaccelerated state.

[Nekomata]

XMR is the future.