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

[Drhiggins]

Not really a speculation topic: I would like to encourage anyone with coins on an exchange to place smallish bid ladders on both sides of the book.  Liquidity is important for growth of the transactional market.  If you use small orders and only a small part of your supply, and update your orders frequently, the risks are small and gains are reasonably consistent.  Discussion of the speculative aspects should be referred to the speculation thread.  I'm just throwing this up as an encouragement to those who want to help the economy mature.

Did exactly this yesterday.  I still have some outstanding orders.   Some of the higher bids were sold but most orders still outstanding.  Ranging from 2400 - 2675  Although I'm not a rich man I did my part to help out were I can.

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[Hueristic]

Not really a speculation topic: I would like to encourage anyone with coins on an exchange to place smallish bid ladders on both sides of the book.  Liquidity is important for growth of the transactional market.  If you use small orders and only a small part of your supply, and update your orders frequently, the risks are small and gains are reasonably consistent.  Discussion of the speculative aspects should be referred to the speculation thread.  I'm just throwing this up as an encouragement to those who want to help the economy mature.

The bots make it impossible to play both sides. So you either lose XMR if the trend is peaked or get it when when it's in freefall. these are big swings that are going on and doing that is not advantageous as far as I can tell. And I'm not going to keep anything on any exchanges just to make some pocket change, the risk outweighs the potential profit. What if Fincen shuts it down tomorrow?

like i said i cant read code that well so im just shootin from the hip and my estimate wasnt intended as slight.

mobo/cpu - its embedded - really was just using it as a gpu operator. i have a low end amd board. the cpu does 11 h/s.  and the celeron uses less power i think

I doubt anyone took it that way, just n00bs reading this may think your statement meant the project is stalled, I.E. Freebazar so I just wanted that to be clarified. OK now I see why you chose that board, cost effective and low power. I would recommend on your next on to use the AMD or research a low power option for AES-NI. I'm sure you will get a better power/hash ratio.

[aminorex]

The bots make it impossible to play both sides.

Very much not true.  I am more than happy to take XMR from the bots.  The more market makers, the fewer big swings.  You start by placing your ladder in anticipation of the swings.  When that ceases to be useful, because of competition, you adapt your order placement.  It does not take long until the strategy has paid for itself, and your risk of a net loss has gone to zero.  Meanwhile, by making the currency more attractive for transactional use, you have increased the value of your principal holdings.

What if Fincen shuts it down tomorrow?

A valid concern.  If you haven't done compliance and continue to refrain from compliance, you could loose on that.  For that reason, an off-shore exchange (with fiat) can't come soon enough.

[XMRpromotions]

Own a piece of history !!!!
The very first monerodo (and possible the only one of its design)

https://forum.getmonero.org/3/merchants-and-marketplace/2506/own-a-piece-of-history-the-very-first-monerodo

You can either respond here or on the forum.

Good Work!

One day that will be a collectors item

[Drhiggins]

So I decided to email Kraken with the same request.  Please add Monero to your exchange.  I'll probably get the same form mail back in my inbox.  But let the pressure on them build.

This is what they sent me:

We're following Monero. I doubt it gets added any time soon, but I know we're watching for new ones to add all the time. Thanks for the message.

Best,

Joseph
Kraken Client Engagement

[explorer]

So I decided to email Kraken with the same request.  Please add Monero to your exchange.  I'll probably get the same form mail back in my inbox.  But let the pressure on them build.

This is what they sent me:

We're following Monero. I doubt it gets added any time soon, but I know we're watching for new ones to add all the time. Thanks for the message.

Best,

Joseph
Kraken Client Engagement

Wow, not a form letter this time!

[GingerAle]

So I decided to email Kraken with the same request.  Please add Monero to your exchange.  I'll probably get the same form mail back in my inbox.  But let the pressure on them build.

This is what they sent me:

We're following Monero. I doubt it gets added any time soon, but I know we're watching for new ones to add all the time. Thanks for the message.

Best,

Joseph
Kraken Client Engagement

Wow, not a form letter this time!

Well, we're approaching a sustained high level of 24 hour volume. Any coin that approaches the 1 million USD 24 hour volume mark will probably get the attention of a lot of exchanges.

[equipoise]

If someone decide to port Monero to DOS 16/32/64 bit, and also like to translate it to Bulgarian ASCII Cyrillic, this code would work from win1251 to Cyrillic BDS and vice verse:

Code:

	FOR i=1 TO filelen
	    currentChar=ASC(SUBSTR(fileStr,i,1))
	        IF currentChar>127 .AND. currentChar<192
			fileStr=SUBSTR(fileStr,1,i-1)+CHR(currentChar+64)+SUBSTR(fileStr,i+1,filelen-i)
		ENDIF
		IF currentChar>191 .AND. currentChar<256
			fileStr=SUBSTR(fileStr,1,i-1)+CHR(currentChar-64)+SUBSTR(fileStr,i+1,filelen-i)
		ENDIF
	ENDFOR

*You could easily find standard ASCII Cyrillic tables, but not this one. This is what is used in all Bulgarian old DOS programs. I could port it to C if needed

[smooth]

So I decided to email Kraken with the same request.  Please add Monero to your exchange.  I'll probably get the same form mail back in my inbox.  But let the pressure on them build.

This is what they sent me:

We're following Monero. I doubt it gets added any time soon, but I know we're watching for new ones to add all the time. Thanks for the message.

Best,

Joseph
Kraken Client Engagement

Wow, not a form letter this time!

Well, we're approaching a sustained high level of 24 hour volume. Any coin that approaches the 1 million USD 24 hour volume mark will probably get the attention of a lot of exchanges.

Maybe they could replace one of the their coins that have 30K USD or less in volume

[Quicken]

Hueristic, I was merely suggesting an edit to the last sentence in your letter. Hope that is clear enough.
Cheers , Q

[nioc]

Hueristic, I was merely suggesting an edit to the last sentence in your letter. Hope that is clear enough.
Cheers , Q

If not clear, to should be changed to too  

In other news, I got below freezing while I slept.

[dEBRUYNE]

Experimental Trezor Firmware Testing - Firmware Updated (V0313) (Fixed Bus: 10 error):

https://forum.getmonero.org/4/academic-and-technical/2495/experimental-trezor-firmware-testing?sort=date_desc

Please, if possible, help with testing!

[TooDumbForBitcoin]

So I decided to email Kraken with the same request.  Please add Monero to your exchange.  I'll probably get the same form mail back in my inbox.  But let the pressure on them build.

This is what they sent me:

We're following Monero. I doubt it gets added any time soon, but I know we're watching for new ones to add all the time. Thanks for the message.

Best,

Joseph
Kraken Client Engagement

Maybe they're not adding it because they're too dumb/lazy to deal with Payment IDs.  If that's the case, maybe it's good for XMR that Kraken isn't part of the ecosystem.

[explorer]

So I decided to email Kraken with the same request.  Please add Monero to your exchange.  I'll probably get the same form mail back in my inbox.  But let the pressure on them build.

This is what they sent me:

We're following Monero. I doubt it gets added any time soon, but I know we're watching for new ones to add all the time. Thanks for the message.

Best,

Joseph
Kraken Client Engagement

Maybe they're not adding it because they're too dumb/lazy to deal with Payment IDs.  If that's the case, maybe it's good for XMR that Kraken isn't part of the ecosystem.

I didn't get a response to my request, but last night got a long form letter pleading patience due to their exceedingly high workload, and reassurance that a response will be forthcoming...

[Hueristic]

So I decided to email Kraken with the same request.  Please add Monero to your exchange.  I'll probably get the same form mail back in my inbox.  But let the pressure on them build.

This is what they sent me:

We're following Monero. I doubt it gets added any time soon, but I know we're watching for new ones to add all the time. Thanks for the message.

Best,

Joseph
Kraken Client Engagement

Maybe they're not adding it because they're too dumb/lazy to deal with Payment IDs.  If that's the case, maybe it's good for XMR that Kraken isn't part of the ecosystem.

I didn't get a response to my request, but last night got a long form letter pleading patience due to their exceedingly high workload, and reassurance that a response will be forthcoming...

[smoothie]

"commit to disk" he means never save the seed in a text file, for example.

there are also ways to only save files in ram in linux, so they get erased upon shutdown.

I think you could improve safety here by booting from a Linux (Ubuntu) USB stick with the generator on it. @phishead, I could walk you through it if you want on IRC.

Maybe post is here afterwards?  I'm sure others would benefit greatly from such a tutorial if it does not exist!

Yeah I'll try to make a guide for it, it's long overdue as well.

Thanks

I guess the video I made... is too long?

https://www.youtube.com/watch?v=GJQ5prfNfZQ&list=PLSNOd7dPYo3d2NRiybNNZf0xb6TKvh_UJ

Ginger,

I'm curious why for this video (which by the way you did an excellent job on  ) you opted to use the javascript version (or at least it appears to be) instead of the core code for full nodes?

Was it a space issue? Or some other reason?

[dEBRUYNE]

MAAM #7 Monero Ask Anything Monday:

https://www.reddit.com/r/Monero/comments/4aaglw/maam_7_monero_ask_anything_monday/

[dEBRUYNE]

Ginger,

I'm curious why for this video (which by the way you did an excellent job on  ) you opted to use the javascript version (or at least it appears to be) instead of the core code for full nodes?

Was it a space issue? Or some other reason?

Probably because the UI is more convenient. Furthermore, the code is basically the same as simplewallet uses.

[GingerAle]

"commit to disk" he means never save the seed in a text file, for example.

there are also ways to only save files in ram in linux, so they get erased upon shutdown.

I think you could improve safety here by booting from a Linux (Ubuntu) USB stick with the generator on it. @phishead, I could walk you through it if you want on IRC.

Maybe post is here afterwards?  I'm sure others would benefit greatly from such a tutorial if it does not exist!

Yeah I'll try to make a guide for it, it's long overdue as well.

Thanks

I guess the video I made... is too long?

https://www.youtube.com/watch?v=GJQ5prfNfZQ&list=PLSNOd7dPYo3d2NRiybNNZf0xb6TKvh_UJ

Ginger,

I'm curious why for this video (which by the way you did an excellent job on  ) you opted to use the javascript version (or at least it appears to be) instead of the core code for full nodes?

Was it a space issue? Or some other reason?

Simplicity really. On linux, the monero binaries (at that point... and maybe today, i dunno) have some dependencies, so I didn't want to have to apt-get all the things to make it work.

[dEBRUYNE]

"Gold, Bitcoin And Economic Freedom" - Monero mentioned:

http://seekingalpha.com/article/3958137-gold-bitcoin-economic-freedom