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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4554485 times)
liteon
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October 28, 2014, 11:00:55 AM
 #16341

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.

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October 28, 2014, 11:05:22 AM
 #16342

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.
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October 28, 2014, 11:09:32 AM
 #16343

RAM usage is continuing to get worse as well. I have 7.67/8GB in use now and rising as it's syncing.
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October 28, 2014, 11:18:47 AM
 #16344

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?
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October 28, 2014, 11:23:18 AM
 #16345

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.
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October 28, 2014, 11:26:21 AM
 #16346

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.
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October 28, 2014, 11:29:37 AM
 #16347

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.
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October 28, 2014, 11:49:44 AM
 #16348

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.
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October 28, 2014, 12:33:53 PM
 #16349

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
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October 28, 2014, 01:00:40 PM
 #16350

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

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October 28, 2014, 01:10:12 PM
 #16351

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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October 28, 2014, 01:41:39 PM
 #16352


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.
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October 28, 2014, 02:08:58 PM
Last edit: October 28, 2014, 02:27:47 PM by Oscilson
 #16353

 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
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October 28, 2014, 02:21:53 PM
 #16354

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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bigj
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October 28, 2014, 02:55:08 PM
 #16355

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

What happend to CCEDK, i.e., their xmr/usd and xmr/eur pairs?

https://twitter.com/monerocurrency/status/518122613747761152
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October 28, 2014, 03:19:46 PM
 #16356

I'm already in full Monero and I'm stuck with these low prices. I wish I had more Bitcoins to buy Monero. It's clear it's a buy time.
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October 28, 2014, 03:27:54 PM
 #16357

I'm already in full Monero and I'm stuck with these low prices. I wish I had more Bitcoins to buy Monero. It's clear it's a buy time.

And 30~29 clearly was a time to go short. Just daytrader economics do not work out here, mentioning that "self fullfilling prophecy" again. If everybody sells to rebuy lower, they will surprisingly discover the lowest bottom beeing 0.0000001 BTC

Two sane advises:
  • Only "invest" play money into cryptos
  • If situation turns out to become uncanny, just sweat it out. Twiddle thumbs, poke your nose, sit and watch.
Honestly, on the long term the simple approaches do work out. At least something to take from former Bitcoin history.
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October 28, 2014, 04:50:43 PM
 #16358

I'm hoping that someone can help me with a transaction I sent, but that appears to have disappeared. This is my first ever transaction with monero, so perhaps I have done something stupid.

So, I sent some XMR to an exchange (poloniex) using the command

Code:
transfer 0 47sghzufGhJJDQEbScMCwVBimTuq6L5JiRixD8VeGbpjCTA12noXmi4ZyBZLc99e66NtnKff34fHsGRoyZk3ES1s1V4QVcB 20.06 c64549c6664a13a100a325d75cd61d74fdd9a11924973e844b0d0c4df8d4a675

and I got the response

Code:
Money successfully sent, transaction <7b25c9881c5fc89b68c6ae253402073fdf6b72891c26e4685f609574e4796fb1>

After almost three hours, it hasn't shown up at the exchange, and if I use the command

Code:
payments 7b25c9881c5fc89b68c6ae253402073fdf6b72891c26e4685f609574e4796fb1

I get the response that there are no payments with that ID.

Yes, I refreshed the wallet, and the amount was debited from the balance of my wallet. I am using v.0.8.8.1.

Thanks for the help
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October 28, 2014, 05:51:48 PM
 #16359

I'm hoping that someone can help me with a transaction I sent, but that appears to have disappeared. This is my first ever transaction with monero, so perhaps I have done something stupid.

So, I sent some XMR to an exchange (poloniex) using the command

Code:
transfer 0 47sghzufGhJJDQEbScMCwVBimTuq6L5JiRixD8VeGbpjCTA12noXmi4ZyBZLc99e66NtnKff34fHsGRoyZk3ES1s1V4QVcB 20.06 c64549c6664a13a100a325d75cd61d74fdd9a11924973e844b0d0c4df8d4a675

and I got the response

Code:
Money successfully sent, transaction <7b25c9881c5fc89b68c6ae253402073fdf6b72891c26e4685f609574e4796fb1>

After almost three hours, it hasn't shown up at the exchange, and if I use the command

Code:
payments 7b25c9881c5fc89b68c6ae253402073fdf6b72891c26e4685f609574e4796fb1

I get the response that there are no payments with that ID.

Yes, I refreshed the wallet, and the amount was debited from the balance of my wallet. I am using v.0.8.8.1.

Thanks for the help

Hi, it looks like you did everything just fine, however I'm not seeing that transaction on the blockchain. Were/are you running the bitmonerod daemon in the background , and is it in sync?

if it had actually worked properly, this link should work:

http://chainradar.com/xmr/transaction/7b25c9881c5fc89b68c6ae253402073fdf6b72891c26e4685f609574e4796fb1


smooth
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October 28, 2014, 05:54:38 PM
 #16360

I am using v.0.8.8.1.

That is too old. You need to upgrade to current version from the OP.

Then wait 24 hours to see if the transaction eventually goes through.

If not, then backup your wallet and then delete the wallet.bin file (not .keys file) and restart the wallet. The coins will be returned to your balance.

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