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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4548437 times)
dunchy
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December 02, 2014, 05:08:52 PM
 #17541

Big thanks to all responsible for mymonero.com. It's a great service for the community.

One question though:

If for some reason mymonero.com stops working, what would be the procedure for importing private key into simplewallet ? I guess private key is called "spend" key in mymonero.com ? Also there is "view" key. What is that?

Put your Spend, View, and Public key in an encrypted document with a strong password. The view key allows you to let someone else view your balance without giving them your spend key. Cryptography is cool.

Already did that, of course. But I was wondering if site goes offline for some reason and I need to fallback to simplewallet again, what would I need to do in order to import my key ("spend key" I guess?) back into simplewallet ?

Or is it maybe login key (word sequence) enough to recover whole wallet ? Can I start simplewallet with those as starting arguments?
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December 02, 2014, 05:37:28 PM
Last edit: December 02, 2014, 06:42:32 PM by 3x2
 #17542

why Monero withdraw disabled on Bittrex?

Edit: working now

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Munnu
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December 02, 2014, 06:29:09 PM
Last edit: December 02, 2014, 08:59:37 PM by Munnu
 #17543

Last 24 hours 120k Moneros was traded. That can be compared with best days. When price was 3 times higher that was 500 btc.

But no matter the price and reward decreasing, Hash rate is still over 15 MH/s, what is more than half of the maximum ever.

After seeing emission rate, everyone was able to see that there was tiny chance that Monero would gain nice price till this end of year and those low chance was for long time actually on sight. But then also it was seen there is tiny chance that price would not be much higher at end of next year. At some point next year it will just happen the Monero hunger. When? Who knows.

Is there a list or directory of businesses using Monero? I would like to understand business demand for the currency. Thank you!
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December 02, 2014, 06:42:50 PM
 #17544

Last 24 hours 120k Moneros was traded. That can be compared with best days. When price was 3 times higher that was 500 btc.

But no matter the price and reward decreasing, Hash rate is still over 15 MH/s, what is more than half of the maximum ever.

After seeing emission rate, everyone was able to see that there was tiny chance that Monero would gain nice price till this end of year and those low chance was for long time actually on sight. But then also it was seen there is tiny chance that price would not be much higher at end of next year. At some point next year it will just happen the Monero hunger. When? Who knows.

Is there a list or directory of businesses using Monero? I would like to understand the business demand for the currency. Thank you!

Usage is great, and DirectBet seems to be on the cusp. This would be a big win for XMR, in my opinion, would be translation and additional interest to non-English communities

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jehst
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December 02, 2014, 06:57:09 PM
 #17545

Last 24 hours 120k Moneros was traded. That can be compared with best days. When price was 3 times higher that was 500 btc.

But no matter the price and reward decreasing, Hash rate is still over 15 MH/s, what is more than half of the maximum ever.

After seeing emission rate, everyone was able to see that there was tiny chance that Monero would gain nice price till this end of year and those low chance was for long time actually on sight. But then also it was seen there is tiny chance that price would not be much higher at end of next year. At some point next year it will just happen the Monero hunger. When? Who knows.

Is there a list or directory of businesses using Monero? I would like to understand the business demand for the currency. Thank you!

Usage is great, and DirectBet seems to be on the cusp. This would be a big win for XMR, in my opinion, would be translation and additional interest to non-English communities

I'm not going to spend any of my XMR at a loss.

Year 2021
Bitcoin Supply: ~90% mined
Supply Inflation: <1.8%
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December 02, 2014, 07:12:18 PM
 #17546

I'm not going to spend any of my XMR at a loss.

What would happen if at this price someone sell like 2000 XMR?

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December 02, 2014, 07:16:21 PM
 #17547

I'm not going to spend any of my XMR at a loss.

What would happen if at this price someone sell like 2000 XMR?
Nothing, someone sold much more than that  Tongue

Own, Track
───────────  and 

Pay

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.Crypto Wallet.
█▄                                      ▄█
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▄ ▀████▄                          ▄████▀ ▄
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December 02, 2014, 07:16:43 PM
 #17548

I'm not going to spend any of my XMR at a loss.

What would happen if at this price someone sell like 2000 XMR?

On Polo, it would go to 0.00134111 based on the current orderbook. Use the estimate trading feature on bitcoinwisdom to show the effect.
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December 02, 2014, 07:40:45 PM
 #17549

WTF with the price?

Major support at 150000 satoshis pulled.

Monero is behind BitcoinDark in market cap. Check www.coinmarketcap.com

Behind in price does not equal being behind.
Why are you fighting?
Dark and Monero arent enemies

ah, I see. My sig gave you the implication that i was fighting, when my comment was in support of XMR.

I'll remember to add an extra sentence or two to explain myself better next time.

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December 02, 2014, 07:46:51 PM
 #17550

I don't care much about price at the moment. XMR is not a pump and dump coin. Short-term high price solves nothing. What I care about is development. At least for now. I haven't sold any coin that I mined
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December 02, 2014, 08:07:03 PM
 #17551

Dark and Monero arent enemies

They are, however, competitors for dominance of the most defensible liquidity niche in all of crypto.  Liquidity points to drk.  Security points to xmr.

bitcoinwisdom shows a similar volume for both, so i wouldnt say drk is more liquid than xmr
Correct.
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December 02, 2014, 09:07:15 PM
 #17552

Hi guys - just a quick update, we had the Missive up earlier on forum.monero.cc, but pulled it down because of a breaking bug in the Windows 0.8.8.5 builds (OS X, Linux, and FreeBSD are all fine). We're diagnosing and fixing, and will be putting it back up as soon as it's fixed:)

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December 02, 2014, 09:08:04 PM
 #17553

Or is it maybe login key (word sequence) enough to recover whole wallet ? Can I start simplewallet with those as starting arguments?

In theory the login (seed words) should be enough to recover the whole wallet (once the shorter seed format is fixed), but printing out the whole page and storing it in a safe place is a good idea anyway.

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December 02, 2014, 09:37:44 PM
 #17554

Or is it maybe login key (word sequence) enough to recover whole wallet ? Can I start simplewallet with those as starting arguments?

In theory the login (seed words) should be enough to recover the whole wallet (once the shorter seed format is fixed), but printing out the whole page and storing it in a safe place is a good idea anyway.



Just be sure to properly dispose of printers with HDD.


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December 02, 2014, 09:41:36 PM
 #17555

WTF with the price?

Major support at 150000 satoshis pulled.

Monero is behind BitcoinDark in market cap. Check www.coinmarketcap.com

Behind in price does not equal being behind.

It's still good to look at to keep us honest, though, regardless of whatever we *think* our long term fundamental advantages are. Monero definitely has a perception problem from many investors' points of view at the moment.
I can understand your sentiment, but I ask:

How can you single-handedly perceive that many investors' points of view reflect a problem with Monero's perception?

Simply because we know that big money is flowing into various cryptocurrency projects right now, and they just aren't choosing Monero.
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December 02, 2014, 10:27:02 PM
 #17556

WTF with the price?

Major support at 150000 satoshis pulled.

Monero is behind BitcoinDark in market cap. Check www.coinmarketcap.com

Behind in price does not equal being behind.

It's still good to look at to keep us honest, though, regardless of whatever we *think* our long term fundamental advantages are. Monero definitely has a perception problem from many investors' points of view at the moment.
I can understand your sentiment, but I ask:

How can you single-handedly perceive that many investors' points of view reflect a problem with Monero's perception?

Simply because we know that big money is flowing into various cryptocurrency projects right now, and they just aren't choosing Monero.

Do you mean the SuperNET etc? Or could you give examples? I think it's best to wait with marketing before we have all core features implemented and working.

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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December 02, 2014, 10:32:30 PM
 #17557

I think it's best to wait with marketing before we have all core features implemented and working.

I wonder if it's not overoptimistic: it seems we expect people to flock en masse just because "some marketing"...
The marketing that is synonym to education to a larger community shouldn't be increased by now?

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
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December 02, 2014, 11:18:20 PM
 #17558

I ask readers to embrace newcomers with patience. Put yourself in the position of one who never followed altcoins and never wanted anything to do with altcoins. Learning about the Cryptonote family alone and its long, varied history is almost overwhelming.
I tried to provide an useful comparison/explanation on the state of anon coins. I hope you'll have as much pleasure reading as I had writing it.
http://www.reddit.com/r/CryptoCurrency/comments/2nu9rg/darkcoin_anoncoin_shadowcash_monero/cmh5ekr

Monero: the first crytocurrency to bring bank secrecy and net neutrality to the blockchain.HyperStake: pushing the limits of staking.
Reputation threadFree bitcoins: reviews, hints…: freebitco.in, freedoge.co.in, qoinpro
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December 02, 2014, 11:18:55 PM
 #17559

WTF with the price?

Major support at 150000 satoshis pulled.

Monero is behind BitcoinDark in market cap. Check www.coinmarketcap.com

Behind in price does not equal being behind.

It's still good to look at to keep us honest, though, regardless of whatever we *think* our long term fundamental advantages are. Monero definitely has a perception problem from many investors' points of view at the moment.
I can understand your sentiment, but I ask:

How can you single-handedly perceive that many investors' points of view reflect a problem with Monero's perception?

Simply because we know that big money is flowing into various cryptocurrency projects right now, and they just aren't choosing Monero.

the only "altcoin" getting serious amounts of money is counterparty and maybe the at this point non-existent ethereum. they handle completely different markets.

I do not know if monero will fly in the future but the mixture of the biggest existent niche, a competent development team, a healthy community with tons of early bitcoin adopters is probably not the worst point to start.
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December 03, 2014, 01:53:44 AM
 #17560

Marketing is more then needed. Not now, it's yesterday!
Slow dev's  Undecided

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