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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4554152 times)
owlcatz
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November 02, 2014, 04:00:46 AM
 #16561

I would like to recommend against making a deposit to an exchange with a non-zero mixin.    Secure your privacy by other means.  If you use a non-zero mixin, the exchange has plausible deniability of receipt, which would require a complete data dump to refute.  Subpoenas don't work that way, so you are screwed.


maybe i'm a moron but wouldn't that also apply for withdrawals, as one does not get a mixin option afaik?  thanks!
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November 02, 2014, 04:13:21 AM
Last edit: November 02, 2014, 08:08:49 AM by smooth
 #16562

I would like to recommend against making a deposit to an exchange with a non-zero mixin.    Secure your privacy by other means.  If you use a non-zero mixin, the exchange has plausible deniability of receipt, which would require a complete data dump to refute.  Subpoenas don't work that way, so you are screwed.

The other means described above can include doing a send with a mix to an intermediate wallet, then a send of the entire balance with 0 mix from that wallet to the exchange. This will ensure that any coins sent to the exchange can't be traced back (For example by the exchange) to any of your other transactions. I have wallets I call "to-polo" etc. for this purpose. (Also "from" wallets for similar but slightly different reasons.) When using a "from" wallet you should probably allow at least a bit of time to pass before emptying it (with a mix) so the connection isn't obvious.

I think there will eventually be cryptographic tools for voluntarily proving sent transactions, but they don't exist yet.

Also, somewhat obvious but important: Your payment ID is recorded in the clear on the blockchain. If you don't request a new payment ID regularly all of your exchange deposits can be linked together by any third party.

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November 02, 2014, 09:37:54 AM
 #16563

how to help the price rising?
Buy and hold?

+1

Last Reward decreases every day
Ok I was holder of a little 10 XMR and maybe nice to buy back at this price levels.
Why is there no positive price movement?
There are much other coins with anon features. Why is XMR special?
I'm not a big investor but if I see potential maybe more follow.

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November 02, 2014, 09:45:47 AM
 #16564

It's ebb and flow, my friend. Currently more ebb, so accumulation time.

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DeepOnion
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November 02, 2014, 10:45:21 AM
 #16565

how to help the price rising?
Buy and hold?

+1

Last Reward decreases every day
There are much other coins with anon features. Why is XMR special?

One but not main reason is that is 8th by capitalization of all mineable coins and 7th by yesterdays volume. That says it is not some tiny coin you might have problems to sell, especially if you would invest more.

Coins took on anonymity from different approaches, if you look of only Cryptonote coins, Monero is in waste advantage towards others considering, capitalization, daily volume, number of supporters and even number of developers and other people that helps being paid or not.

If you check here or on github, you would see is lots of progress from April. Cryptonote for sure had most dirty path to pave.

There is always risk just anything can fail even bitcoin and whole crypotocurencies, but for me Monero have least chances among anonymity coins to do so.

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osensei
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November 02, 2014, 10:49:14 AM
 #16566

how to help the price rising?
Buy and hold?

+1

Last Reward decreases every day
Ok I was holder of a little 10 XMR and maybe nice to buy back at this price levels.
Why is there no positive price movement?
There are much other coins with anon features. Why is XMR special?
I'm not a big investor but if I see potential maybe more follow.

AFAIK, CryptoNote based coins (from which XMR is the most popular) are the only ones that provide truly untraceable transactions built-in at the protocol level. All other "anon" coins use some form of coin mixing.

MoneroHash.com - U.S. Mining Pool
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November 02, 2014, 10:53:07 AM
 #16567

Ok I have now 20 XMR.

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November 02, 2014, 11:28:35 AM
 #16568

Ok I have now 20 XMR.

Don't spend it all in one place!  Roll Eyes

"and i base my assumptions on absolutely nothing"
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November 02, 2014, 11:48:30 AM
 #16569

Ok I have now 20 XMR.

Don't spend it all in one place!  Roll Eyes
Just keep it as small investment in anon coin.
Who knows how munch it can rice in price?

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November 02, 2014, 12:01:24 PM
 #16570

Winter means free mining. Free mining means even my old computer can be of use.


Please join me in mining on http://cryptonotepool.org.uk/ (100% fees to devs) using the devs donation adress 46BeWrHpwXmHDpDEUmZBWZfoQpdc6HaERCNmx1pEYL2rAcuwufPN9rXHHtyUA4QVy66qeFQkn6sfK8a HYjA3jk3o1Bv16em


It would be really fun if we could get together could get some proper hashrates going over there. I only get 200H/sec mind you, but please join in and we all win!

I think Monero (XMR) is very interesting.
https://moneroeconomy.com/faq/why-monero-matters
generalizethis
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November 02, 2014, 01:40:56 PM
 #16571

If I want a public record like I get when I use Bitcoin, will a mix-in level of zero provide this using Monero?

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November 02, 2014, 02:22:21 PM
 #16572

If I want a public record like I get when I use Bitcoin, will a mix-in level of zero provide this using Monero?


right that is the way of doing it.

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November 02, 2014, 04:17:34 PM
 #16573

how to help the price rising?
Buy and hold?

now, max price stuck on .0018 , how we can hold it

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November 02, 2014, 06:05:29 PM
 #16574

how to help the price rising?
Buy and hold?

now, max price stuck on .0018 , how we can hold it

put 10 000 BTC on .0018 - XMR buy order   Grin
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November 02, 2014, 06:06:53 PM
 #16575

how to help the price rising?
Buy and hold?

now, max price stuck on .0018 , how we can hold it

put 10 000 BTC on .0018 - XMR buy order   Grin
Great I was just on time

generalizethis
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November 02, 2014, 06:25:11 PM
 #16576

how to help the price rising?
Buy and hold?

now, max price stuck on .0018 , how we can hold it

put 10 000 BTC on .0018 - XMR buy order   Grin

Sadly, I checked.

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November 02, 2014, 06:52:12 PM
 #16577

how to help the price rising?
Buy and hold?

now, max price stuck on .0018 , how we can hold it

put 10 000 BTC on .0018 - XMR buy order   Grin

Sadly, I checked.

Better idea: Write useful apps and software.

If no one uses the coin, its price goes to zero.
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November 02, 2014, 07:14:05 PM
 #16578

Buy and receive payment with it on the dark Web. ..

First anon coin to replace bit coin with usage there wins.

I'm considering buying a few thousand monero,  but so far I don't see a clear winner in the anon race..
The distribution model has proved itself with bit coin,  but the community and outside developments have been slow.


 
 
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acha
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November 02, 2014, 07:37:38 PM
 #16579

Buy and receive payment with it on the dark Web. ..

First anon coin to replace bit coin with usage there wins.

I'm considering buying a few thousand monero,  but so far I don't see a clear winner in the anon race..
The distribution model has proved itself with bit coin,  but the community and outside developments have been slow.

Who hurry to live - that pays for speed Wink
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November 02, 2014, 08:43:07 PM
 #16580

who was running
http://monerochain.info/

how can we get this up and running again? I want to see a dedicated block explorer.
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