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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4560118 times)
e-coinomist
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October 04, 2014, 11:57:10 AM
 #15281

The volume from exchanges charging  0% transaction fee does not count.
Why do you think so? Don't they have an impact on the price like all the other exchanges?
Some (maybe most) trades are done by the exchange itself to bloat the volume.

Some (maybe most) trades are done by the exchange itself to bloat the volume AND it doesn't matter if they pay fees for doing so ... to themselfes! Here's the part with the logic, you missed that one out.

So if >xy% of all trades are done in country Z, that means that most of the trade happens there, not elsewhere. I think they have that ASIC mining monopoly, too.
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October 04, 2014, 12:31:23 PM
 #15282

Question for the devs:

What are complications to implement a lightweight client, similar to, say, Electrum, for Monero? Possible / impossible / difficult but possible?


In my experience, one of the easiest ways to get people involved in Bitcoin is getting them set up with Electrum: They avoid the hassle of running the full client, but they are in absolute control of their private keys (as opposed to web based wallets services.)

If I could submit only one missive after "official GUI client", it would be that: Electrum (or similar) for Monero.

Not sure which Bitcoin wallet you should use? Get Electrum!
Electrum is an open-source lightweight client: fast, user friendly, and 100% secure.
Download the source or executables for Windows/OSX/Linux/Android from, and only from, the official Electrum homepage.
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October 04, 2014, 01:03:15 PM
 #15283

I'm curious as to how the original bitcoin devs got funding in their early days. How were they able to perform such an amazing service to the world by maintaining such bad original code, and steering the ship among many of the early catastrophes? Perhaps angel investors gave them hundreds of thousands of dollars.

They mined huge amount of BTC, before other people know about it. This was not only  the case with bitcoin but with 90% of other coins or better 99%. If you own 30% of coins you know you basically work for yourself. if you own 1% coins, you mainly work for others. And not just work. but also pay bills for them.


@novag
Monero price is always low at beginning of month. in 2 weeks time will go up again. unless dramaquen team will bring another soap opera.

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October 04, 2014, 01:22:13 PM
 #15284

Question for the devs:

What are complications to implement a lightweight client, similar to, say, Electrum, for Monero? Possible / impossible / difficult but possible?


In my experience, one of the easiest ways to get people involved in Bitcoin is getting them set up with Electrum: They avoid the hassle of running the full client, but they are in absolute control of their private keys (as opposed to web based wallets services.)

If I could submit only one missive after "official GUI client", it would be that: Electrum (or similar) for Monero.

Difficult but possible. We are thinking about ways of doing this (besides the obvious hand-your-viewkey-to-a-server), so it is on the cards:)

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October 04, 2014, 01:42:55 PM
 #15285

I'm curious as to how the original bitcoin devs got funding in their early days. How were they able to perform such an amazing service to the world by maintaining such bad original code, and steering the ship among many of the early catastrophes? Perhaps angel investors gave them hundreds of thousands of dollars.

They mined huge amount of BTC, before other people know about it.

At the time, there was absolutely no assurance it would ever be worth anything, and indeed it took years to be worth anything. Without the benefit of hindsight we can't even really say that the effort and electricity they put into mining was even a good investment.

They mined it because it was easy and they believed it might someday be worth something, but it certainly wasn't a direct funding method for the project.

Quote
This was not only  the case with bitcoin but with 90% of other coins or better 99%. If you own 30% of coins you know you basically work for yourself. if you own 1% coins, you mainly work for others. And not just work. but also pay bills for them.

I consider most of those to be very, very different because market and value (at least some value, even if the amount might be unknown in advance) for such coins had already been established. In the case of Bitcoin it was a complete leap of faith.
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October 04, 2014, 04:49:03 PM
 #15286

Saw this today in the BBR thread

Quote
Sorry if it looks shady.

If the question was about CN developers, then yes, we do.
Whatever value we get in each 720s block we pay 10% of this to CN founders.

Zoidberg

Question for the XMR developers:  Do CN founders receive, by contract or automation, any proceeds from XMR mining that they (CN founders) don't  mine themselves?

Apologies if this has been recently addressed.




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veil|     PRIVACY    
     WITHOUT COMPROMISE.      
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|   NO ICO. NO PREMINE. 
   X16RT GPU Mining. Fair distribution.  
|      The first Zerocoin-based Cryptocurrency      
   WITH ALWAYS-ON PRIVACY.  
|



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October 04, 2014, 04:51:11 PM
 #15287

Saw this today in the BBR thread

Quote
Sorry if it looks shady.

If the question was about CN developers, then yes, we do.
Whatever value we get in each 720s block we pay 10% of this to CN founders.

Zoidberg

Question for the XMR developers:  Do CN founders receive, by contract or automation, any proceeds from XMR mining that they (CN founders) don't  mine themselves?

No.

We don't even have any idea who the Cryptonote founders are, but there is so much scam surrounding the whole Cryptonote story that I would likely resign the project if we started giving them anything.

Hope that is clear.


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October 04, 2014, 05:03:47 PM
 #15288

oh my did just the last posting of http://coinblab.com/ and my reply on it got deleted?

Taletelling  Grin
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October 04, 2014, 05:32:02 PM
Last edit: April 19, 2015, 05:37:20 AM by Nekomata
 #15289

XMR is the future.
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October 04, 2014, 05:46:04 PM
 #15290

oh my did just the last posting of http://coinblab.com/ and my reply on it got deleted?

Taletelling  Grin

If it did, it was by forum mods, not us. This is not a self-moderated thread.
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October 04, 2014, 06:51:20 PM
 #15291

If it did, it was by forum mods, not us. This is not a self-moderated thread.

I know. They had been advertising a different forum. Not that much XMR related. This statement is contradicting myself, since I would not mind a dedicated Monero forum. New coin, new social environment.
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October 04, 2014, 06:51:25 PM
 #15292

Does anyone know when it will open Mintpal?

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October 04, 2014, 07:19:58 PM
 #15293

ccedk opened the monero markets

Not yet. I tried a deposit, not possible due to no adress and no payment-ID. Did a ticket and just got answer:
Quote
...We were expecting XMR running on the platform today, but faced some technical problems, and expecting everything working, all pairs going to be available on Monday...


Looks like it's still not running just yet: https://www.ccedk.com/xmr-usd
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October 04, 2014, 07:30:39 PM
 #15294


Looks like it's still not running just yet: https://www.ccedk.com/xmr-usd

Interface is Horrible  Sad

Am I spamming? Report me!
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October 04, 2014, 08:20:36 PM
 #15295

Monero was worth roughly $2.25 not so long ago. We are now below $1 per coin.
Worst part is it Bitcoin itself has lost a ton of value and not even in a crash; but just a steady decline.
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October 04, 2014, 09:19:25 PM
 #15296

Monero was worth roughly $2.25 not so long ago. We are now below $1 per coin.
Worst part is it Bitcoin itself has lost a ton of value and not even in a crash; but just a steady decline.


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October 04, 2014, 11:56:11 PM
 #15297

Quoting for info:

Add XMR


and also...


In the chat box, make it so that Private Mentions are in a different coloured font.

We have one project that is preventing XMR from a listing today. I like the coin and its got a strong community so have little doubt it will make it in.

We will bring more features to chat in the coming months its on our roadmap.

Could you elaborate a bit more on this?

As far as the current Project its a surprise so no but you will know more sometime during the inside Bitcoin conference. As far as new chat features Ignore, PM, Mention etc its on our list but chat is always a low priority for us.

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
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October 05, 2014, 01:10:49 AM
 #15298

"Craptsy" has graduated to Cryptsy over here now?  Wink

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October 05, 2014, 01:17:04 AM
 #15299

Crystpsy - the great manipulator. Put your coins in limbo while they game the market. Hoooyah

Jump you fuckers! | The thing about smart motherfuckers is they sound like crazy motherfuckers to dumb motherfuckers. | My sig space for rent for 25 btc per week.
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October 05, 2014, 01:28:08 AM
Last edit: April 19, 2015, 05:27:11 AM by Nekomata
 #15300

XMR is the future.
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