[XMR] Monero - A secure, private, untraceable cryptocurrency

[saddambitcoin]

hey xmr peepz, been a while since i was around. saw a new update. i have all my xmr on a piece of paper, ie my old seed from the last version ago.

is it safe to upgrade my existing install & can i still sweep my old xmr's on paper since the number of words has changed? (Meaning will --restore-deterministic-wallet still work with wallets created on the older version? Just can't afford to lose a lot of xmr/money ya know, i'm in long myself, so i don't care about todays' price to be honest)!

Thanks, this is one of my fave threads, but it's so large i have to keep coming back and i can't keep up!

Here's what I would do, when you need to spend funds.

1. Restore your wallet from the mnemonic seed using the old version you already have installed.

2. Upgrade to most recent Monero version.

3. When you open your wallet for the first time, it will detect it is from an older format and will provide a NEW list of seed words for your wallet.

[1714204937]

1714204937

[saddambitcoin]

Something seems to be wrong with MyMonero.com at the moment - if I try to start a new account, copy & paste the seed words it says "account does not exist!"

 

[wpalczynski]

Its doing the same for me.

Something seems to be wrong with MyMonero.com at the moment - if I try to start a new account, copy & paste the seed words it says "account does not exist!"

 

[liteon]

Hey people, I just made a new XMR website
I had no much time, but I hope you'll like it.
Nothing special, but as I said before, I wanna help Monero to success.
Oh, here it is: www.xmr.website

Feel free to say if it is bad or good.
I am no so much pro with design, but I hope this can "pass" on

Cheers!

[owlcatz]

hey xmr peepz, been a while since i was around. saw a new update. i have all my xmr on a piece of paper, ie my old seed from the last version ago.

is it safe to upgrade my existing install & can i still sweep my old xmr's on paper since the number of words has changed? (Meaning will --restore-deterministic-wallet still work with wallets created on the older version? Just can't afford to lose a lot of xmr/money ya know, i'm in long myself, so i don't care about todays' price to be honest)!

Thanks, this is one of my fave threads, but it's so large i have to keep coming back and i can't keep up!

Here's what I would do, when you need to spend funds.

1. Restore your wallet from the mnemonic seed using the old version you already have installed.

2. Upgrade to most recent Monero version.

3. When you open your wallet for the first time, it will detect it is from an older format and will provide a NEW list of seed words for your wallet.

thank you saddam. I was thinking the same thing, makes sense, thanks!  

[DoubleSwapper]

Can someone explain to me who only occasionally watches Monero why it's going to shit pricewise? When I took a look at investing into monero but didn't it was at like $2, now coinmarketcap says it's trading at $0.37. WHY? Is Monero still working, is it still an untracable, anonymous crypto? Was it overtaken by a competitor? What's happening? I heard there was some trouble about attacks on the network and anonymint claiming he has broken monero or something. What's the state now? Monero looked super promising to me. Is there any real goods market for it? Shouldn't it attract certain types of markets for it's anonymous properties?

Would be happy to hear a short summary or at least link because there seem to be quite a of very long threads to read through to get informed.

[smooth]

Can someone explain to me who only occasionally watches Monero why it's going to shit pricewise? When I took a look at investing into monero but didn't it was at like $2, now coinmarketcap says it's trading at $0.37. WHY? Is Monero still working, is it still an untracable, anonymous crypto? Was it overtaken by a competitor? What's happening? I heard there was some trouble about attacks on the network and anonymint claiming he has broken monero or something. What's the state now? Monero looked super promising to me. Is there any real goods market for it? Shouldn't it attract certain types of markets for it's anonymous properties?

Would be happy to hear a short summary or at least link because there seem to be quite a of very long threads to read through to get informed.

There was one attack, but that happened before the price drop and was quickly patched, and the bcx/anonymint noise turned into much ado about nothing. (BCX was nothing but pure FUD bullshit -- probably run by a competitor. Anonymint now supports ring sigs as the most viable method of anonymity, as far as I can tell, though some minor tweaks continue to be needed in his view, and I don't necessarily disagree.)

Since that time we have added a web wallet, fixed a bunch of bugs, released a few test versions with a database, and now had someone launch a Monero version of localbitcoins. Still, the price drops.

No, the only reason it is going all to shit pricewise is simply supply and demand and nothing about the tech at all. There is a lot of mining and we just ran out of people who wanted to accumulate (in the current overall pretty negative crypto-environment). At this point the only way to find buyers for the mined coins is for the price to drop where people will average down. Until some equilibrium is reached, whenever that might be.

Better discussion for the Speculation thread though, since there is nothing fundamentally wrong with the technology as you say. It is all a market effect.

[saddambitcoin]

Can someone explain to me who only occasionally watches Monero why it's going to shit pricewise? When I took a look at investing into monero but didn't it was at like $2, now coinmarketcap says it's trading at $0.37. WHY? Is Monero still working, is it still an untracable, anonymous crypto? Was it overtaken by a competitor? What's happening? I heard there was some trouble about attacks on the network and anonymint claiming he has broken monero or something. What's the state now? Monero looked super promising to me. Is there any real goods market for it? Shouldn't it attract certain types of markets for it's anonymous properties?

Would be happy to hear a short summary or at least link because there seem to be quite a of very long threads to read through to get informed.

when monero was $2, BTC was between $500-600. there was much more strength in all crypto this summer. confidence in BTC falls, alts hurt even worse.

development on monero is strong as ever. i would like to answer more of your questions but i'm tired. someone else will fill you in

[5w00p]

Hey people, I just made a new XMR website
I had no much time, but I hope you'll like it.
Nothing special, but as I said before, I wanna help Monero to success.
Oh, here it is: www.xmr.website

Feel free to say if it is bad or good.
I am no so much pro with design, but I hope this can "pass" on

Cheers!

Good job building the website.
I like the layout and look.

Critique is: You misspelled 'mining' in that orange button in the center of the screen. You spelled it "minning."

Fix that and I will check out the website again. Kudos to you for building it!

[e-coinomist]

This is what I get for buying the second cheapest Dell comp in April.

LOL never buy Dell, Gateway, HP or Apple  
edit: buy some more memory

[saddambitcoin]

[kawa900jc]

Its doing the same for me.

Something seems to be wrong with MyMonero.com at the moment - if I try to start a new account, copy & paste the seed words it says "account does not exist!"

 

My few XMR coins are still there so it is fixed I think.

[darkmind]

what do you guys think will be the bottom of xmr ?

[kawa900jc]

what do you guys think will be the bottom of xmr ?

I Think:    0.00101010

[bigj]

what do you guys think will be the bottom of xmr ?

I Think:    0.00101010

1E-8 as always

[fox19891989]

what do you guys think will be the bottom of xmr ?

I Think:    0.00101010

0.001 will be the bottom of XMR

[kawa900jc]

what do you guys think will be the bottom of xmr ?

I Think:    0.00101010

1E-8 as always

Theoretically, but it comes to the bottom under current situation.
My vision is 0.001 holds, if not then new floor 0.0001

[dEBRUYNE]

what do you guys think will be the bottom of xmr ?

I Think:    0.00101010

1E-8 as always

Theoretically, but it comes to the bottom under current situation.
My vision is 0.001 holds, if not then new floor 0.0001

0.001 is a very psychological bottom, if that breaks it could get even worse.. @saddam, I agree with your point. A few other members here already brought up that alts are leveraged version, so when btc falls, alts fall even harder. Same goes other way around, just look at how nuts the top alts went in the last bubble..

[osensei]

Its doing the same for me.

Something seems to be wrong with MyMonero.com at the moment - if I try to start a new account, copy & paste the seed words it says "account does not exist!"

 

My few XMR coins are still there so it is fixed I think.

Already existent accounts can log in, but creating a new one does not work.

[papa_lazzarou]

Feel free to say if it is bad or good.

Cheers!

It's promoting monero. It's great!

May I suggest you add some bitcoin/crypto related SEO.