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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4676359 times)
rpietila
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October 28, 2014, 09:21:23 AM
 #16321

These prices are too low, I thought 0.003 was too low!

I am disillusioned here. What to do?

The rumors say that some scamthief is dumping coins. It does make them cheaper, but not less valuable. In this case buy/hold.

I am slowly accumulating myself, about 1500 per day currently.

HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
alloffmyhate
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October 28, 2014, 09:38:22 AM
 #16322

 Grin i just can hold my xmr now, i trust soon price will be rise again 

Serby
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October 28, 2014, 10:21:37 AM
 #16323

Grin i just can hold my xmr now, i trust soon price will be rise again 

I hear price will skyrocket in no time, first to +.0025, then .0070. Panic sell dumpers just don't know about it yet.
novag
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October 28, 2014, 10:40:45 AM
 #16324

Price will rise in 2025 year:)

Whithout normal wallet. Angry

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bigj
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October 28, 2014, 10:44:56 AM
 #16325

Does anyone know about the impact of Nvidia's 20nm cards on XMR mining?

Could it be that the new Nvidia cards mine so much more efficient, such that we actually see a new price/mining equilibrium now?
grouper fish
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October 28, 2014, 10:53:06 AM
 #16326

Does anyone know about the impact of Nvidia's 20nm cards on XMR mining?

Could it be that the new Nvidia cards mine so much more efficient, such that we actually see a new price/mining equilibrium now?



Are they that much more efficient? I Haven't looked at the new maxwell cards yet, maybe I should..

liteon
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October 28, 2014, 11:00:55 AM
 #16327

Grin i just can hold my xmr now, i trust soon price will be rise again 

I hear price will skyrocket in no time, first to +.0025, then .0070. Panic sell dumpers just don't know about it yet.
From 0.0017 to 0.0024-25 ok, possible, but to 0.007 for real - not so soon.
Only if Bitcoin goes to 2k or so, but even then it would be not so possible.

Price will rise in 2025 year:)

Whithout normal wallet. Angry
With or without GUI wallet - it does not matter at all.
Wallet have nothing to do with price.

Selling NordVPN account with premium sub - expires 2021! PM me to buy.
Serby
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October 28, 2014, 11:05:22 AM
 #16328

Grin i just can hold my xmr now, i trust soon price will be rise again 

I hear price will skyrocket in no time, first to +.0025, then .0070. Panic sell dumpers just don't know about it yet.
From 0.0017 to 0.0024-25 ok, possible, but to 0.007 for real - not so soon.
Only if Bitcoin goes to 2k or so, but even then it would be not so possible.

Price will rise in 2025 year:)

Whithout normal wallet. Angry
With or without GUI wallet - it does not matter at all.
Wallet have nothing to do with price.

Good point, the price is a market function of suply/demand side (Say's Law as "supply creates its own demand."), that's why I will hold XMR long term.
wachtwoord
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October 28, 2014, 11:09:32 AM
 #16329

RAM usage is continuing to get worse as well. I have 7.67/8GB in use now and rising as it's syncing.
Oscilson
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October 28, 2014, 11:18:47 AM
 #16330

RAM usage is continuing to get worse as well. I have 7.67/8GB in use now and rising as it's syncing.

Core: per-kb fees are done, and are being deployed to testnet. If you are mining on testnet you don't have to update to that fork/branch, as we want to see more real-world results with both fixed-fee and per-kb miners.

We need per kB fee out asap. So in the testnet, we can use both fixed fee and per kB fee simultaneously? Will they contradict each other and make transaction invalid?
Quicken
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October 28, 2014, 11:23:18 AM
 #16331

RAM usage is continuing to get worse as well. I have 7.67/8GB in use now and rising as it's syncing.

We need per kB fee out asap.

I believe it's the database that will help with RAM usage. Per kB fees relate to transaction costs.
Oscilson
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October 28, 2014, 11:26:21 AM
 #16332

RAM usage is continuing to get worse as well. I have 7.67/8GB in use now and rising as it's syncing.

We need per kB fee out asap.

I believe it's the database that will help with RAM usage. Per kB fees relate to transaction costs.

Per kB fee will reduce the total transaction size, thus RAM usage. For example, large mix-in will increase the transaction size, however, it might not be necessary. I reckon, if we have more than 3 mix-in, it is pretty safe. Somebody might comment on that.
jwinterm
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October 28, 2014, 11:29:37 AM
 #16333

RAM usage is continuing to get worse as well. I have 7.67/8GB in use now and rising as it's syncing.

We need per kB fee out asap.

I believe it's the database that will help with RAM usage. Per kB fees relate to transaction costs.

Per kB fee will reduce the total transaction size, thus RAM usage.

No, the RAM usage is from the entire blockchain being store in memory while running the daemon. It will go down when the database is implemented; afaik fee size will not do anything to memory usage.
Oscilson
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October 28, 2014, 11:49:44 AM
 #16334

RAM usage is continuing to get worse as well. I have 7.67/8GB in use now and rising as it's syncing.

We need per kB fee out asap.

I believe it's the database that will help with RAM usage. Per kB fees relate to transaction costs.

Per kB fee will reduce the total transaction size, thus RAM usage.

No, the RAM usage is from the entire blockchain being store in memory while running the daemon. It will go down when the database is implemented; afaik fee size will not do anything to memory usage.

It matters when the new database is not implemented. I am wondering why it is so difficulty to implement the new DB. Bytecoin implemented that in June and reduced memory usage dramatically.
silencesilence
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October 28, 2014, 12:33:53 PM
 #16335

Grin i just can hold my xmr now, i trust soon price will be rise again 

at this low price is crazy to sell, only BUY
alloffmyhate
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October 28, 2014, 01:00:40 PM
 #16336

Grin i just can hold my xmr now, i trust soon price will be rise again 

at this low price is crazy to sell, only BUY

yeah .__. just can see price up down"  and waiting

5w00p
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October 28, 2014, 01:10:12 PM
 #16337

Does anyone know about the impact of Nvidia's 20nm cards on XMR mining?

Could it be that the new Nvidia cards mine so much more efficient, such that we actually see a new price/mining equilibrium now?


Ughh, no.

Hash/watt consumed the 750Ti is still king, imho.

Hash/USD cost the 750Ti still rules, also, imho.

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mmortal03
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October 28, 2014, 01:41:39 PM
 #16338


4. Why can not I make a couple XMR \ USD or any other fiat, inconveniently Bitcoin buy initially but it then monero .....

Yep, I agree that buying XMR directly for USD would be a killer app. Having to buy bitcoins first to obtain altcoins makes trying to calculate taxes really annoying, given FIFO rules. (I've read elsewhere that LIFO isn't applicable, meaning that only FIFO applies.) First in first out means that any new purchase and then sale of bitcoins for altcoins has the effect on taxes as if you sold your earliest bought bitcoins. This means that to avoid short term capital gains taxes, you can't buy any altcoins until you have bitcoins that were bought more than a year prior.
Oscilson
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October 28, 2014, 02:08:58 PM
Last edit: October 28, 2014, 02:27:47 PM by Oscilson
 #16339

 author=mmortal03 link=topic=583449.msg9356848#msg9356848 date=1414503699
Quote
4. Why can not I make a couple XMR \ USD or any other fiat, inconveniently Bitcoin buy initially but it then monero .....

You can buy XMR directly with USD in Poloniex
Febo
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October 28, 2014, 02:21:53 PM
 #16340

RAM usage is continuing to get worse as well. I have 7.67/8GB in use now and rising as it's syncing.

I think it just uses most you have. Some said it use most of their 3 gb RAM. Probably also most of 16 gb RAM. It is true that is not so convenient to run bitmonerod. You just do when you really have to. Lets hoe soon will get better.
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