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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4670884 times)
coine_smithe
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May 23, 2014, 01:23:12 AM
 #3461

what is the best method of converting bitcoin to usd.

I see that there are methods to buy bitcoin. but the methods to convert bitcoin to usd are wire transfer and that costs too much money.

I dont own any bitcoin and would like to buy some mro. hate all these conversion stuff. thanks.


Coinbase.com is the easiest, quickest, safest method for noobs. All you need is a checking account and a credit card and you could probably buy up to $1000 instantly today.

thank you. and it is easy to convert back to cash with coinbase from your experience?

Yes it's even easier to sell back your Bitcoin on Coinbase. Just make sure you're really ready to sell because it won't show up in your checking account for up to 5 days so you won't be able to get back in if you change your mind. Also, word to the wise, don't bet the farm no matter how confident you are in a coin! Only invest what you can afford to lose. It always bears repeating that.
TooDumbForBitcoin
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May 23, 2014, 01:26:59 AM
 #3462

Quote
but happy to stay in once I get to 8:1 BTC:MRO

pardon the stupid question:

8 BTC and 1 MRO, as you state, or

8 BTC and 1 BTC's worth of MRO?

Thanks for slumming.




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aminorex
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May 23, 2014, 03:01:12 AM
 #3463

Quote
but happy to stay in once I get to 8:1 BTC:MRO

pardon the stupid question:

8 BTC and 1 MRO, as you state, or

8 BTC and 1 BTC's worth of MRO?

Thanks for slumming.



When I want a crypto-neutral reference point, I think in fiat, so, your second option is my intention.  I neglected to say 'in purchasing power terms'.  I'm not there yet.  That's a ratio I selected on the basis of my current estimates of  risk/reward, but as MRO demonstrates more maturity and/or I learn to better anticipate its moves, I would probably raise the MRO fraction.   In an ideal world, given the priority I place on privacy, if the purchasing power of each were stable, I would probably reverse that ratio, putting 89% of my crypto purchasing power in MRO, and 11% in BTC, or something on that order.

I am an aggressive risk-taker.  I'm trying not to be crazy stupid, however.  Just crazy is fine.

The slumming comment kinda hurt.  I'm definitely communicating badly, if that's the vibe.  Sorry.  Will try harder.  I think it is a rare privilege to be able to participate in these conversations.  Well, the trolls are a bummer.

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
David Latapie
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May 23, 2014, 03:08:16 AM
 #3464

I think it is a rare privilege to be able to participate in these conversations.
I think it is a rare privilege for us to have you posting here Smiley I enjoy reading your posts.

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
c789
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May 23, 2014, 03:28:00 AM
 #3465

I'm pool mining with the most recent version of simpleminer, and no matter which pool I use, the rate of my submitted shares start out good, but then after 3 minutes, a share is being submitted only every 60-90 seconds.

Has anyone else experienced this? My system is Xubuntu 14.04.

Is cpuminer better? If so, there are several different cpuminers available. Which one should I get for pool purposes?

Comparison of Privacy-Centric Coins: https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.php also includes Verge and Pivx
Johnny Mnemonic
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May 23, 2014, 03:39:44 AM
 #3466

Transaction fees should be a fixed percentage of the block reward, or at the very least not be controllable by the payer. If payers can optionally pay more then it opens the door for miner discrimination and tx fee bidding wars.
aerbax
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May 23, 2014, 03:40:26 AM
 #3467

I'm pool mining with the most recent version of simpleminer, and no matter which pool I use, the rate of my submitted shares start out good, but then after 3 minutes, a share is being submitted only every 60-90 seconds.

Has anyone else experienced this? My system is Xubuntu 14.04.

Is cpuminer better? If so, there are several different cpuminers available. Which one should I get for pool purposes?

You should find that the difficulty of the shares your submitting is also increasing.  Perhaps simpleminer isn't showing that, but it's very likely the case.

xxnirvana69xx
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May 23, 2014, 04:17:46 AM
 #3468

extremehash.com is crashing my chrome and ie. Don't know why it keeps doing this.
c789
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May 23, 2014, 04:21:51 AM
 #3469

I'm pool mining with the most recent version of simpleminer, and no matter which pool I use, the rate of my submitted shares start out good, but then after 3 minutes, a share is being submitted only every 60-90 seconds.

Has anyone else experienced this? My system is Xubuntu 14.04.

Is cpuminer better? If so, there are several different cpuminers available. Which one should I get for pool purposes?

You should find that the difficulty of the shares your submitting is also increasing.  Perhaps simpleminer isn't showing that, but it's very likely the case.

Ah. That is a reasonable explanation. It goes through many "Getting next job..."  "Job didn't change" cycles before it submits a share. As long as that's to be expected, then ok.

Can anyone recommend a particular version of cpuminer?

Comparison of Privacy-Centric Coins: https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.php also includes Verge and Pivx
isthmus
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May 23, 2014, 04:23:48 AM
 #3470

Bought in, love the software, hate the name.  We need a nickname that rolls off the tongue stat.

Edit: it's funny to me that it's borrowed from Esperanto since it actually carries over a design flaw - no way should the name of an international currency include a rhotic consonant, those are really hard for a lot of people to pronounce, depending on the phonology of their native language.
surfer43
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"Trading Platform of The Future!"


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May 23, 2014, 04:26:34 AM
 #3471

extremehash.com is crashing my chrome and ie. Don't know why it keeps doing this.
Also crashes Firefox 29 on Ubuntu.
xxnirvana69xx
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May 23, 2014, 04:29:06 AM
 #3472

I get a long running script error in ie. Chrome just shits itself.
georgeandy
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May 23, 2014, 04:29:56 AM
 #3473

Drk already go da moon
Will the MRO too?
blaaaaacksuit
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Who cares?


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May 23, 2014, 05:11:58 AM
 #3474

Drk already go da moon
Will the MRO too?

MRO will push the moon out of its way.
cebb
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May 23, 2014, 05:29:46 AM
 #3475

We need a working multi-plateform GUI wallet soon. any ETA on it yet?
xxnirvana69xx
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May 23, 2014, 06:03:39 AM
 #3476

minerd.exe -a cryptonight -o miner.moneropool.com:5555 -u 44tfahU7q43Rqk......... -p x

Am I doing something wrong here? It crashes every time I run the bat.
nov
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May 23, 2014, 06:24:51 AM
 #3477

Which Crypto Note coin would you recommend me to buy and why, please? Thanks.

WowDoge - DogeCoin Lightweight Wallet DOGE: DLoawzLvw5WvvpGUkSTxrwMgKhkamsqFo7
Vertigo - VertCoin Lightweight Wallet VTC: VertGv5nVwYYR7mTmDDeAP9et1NJyAsC9P | Exelite - ExeCoin Lightweight Wallet EXE: ELiteWbMDwX95YZj5Jf5BkHS54qbH7wpXg | Lightweight Wallet Creation Service
MultiCoin - Multiple Crypto Coin Lightweight Wallet in Development BTC: 1EKT9uaaDbTRuwjttFQbfax7KmGNZX32HP | BitcoinViewer - Bitcoin Balances & Transactions on iPhone/iPad BTC: 1NEvfbiA5Bs2sG2jqRdCidGUjLD5JjAjEZ
twospirit
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May 23, 2014, 06:42:11 AM
 #3478

anyone else having issue to withdraw from minergate?  Angry
Gambiman
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May 23, 2014, 06:46:10 AM
 #3479

minerd.exe -a cryptonight -o miner.moneropool.com:5555 -u 44tfahU7q43Rqk......... -p x

Am I doing something wrong here? It crashes every time I run the bat.
add pause at the end
Code:
minerd.exe -a cryptonight -o miner.moneropool.com:5555 -u 44tfahU7q43Rqk......... -p x
pause

And see what it says.

Trade markets with Bitcoins ! Including Forex, Commodities and Stocks SimpleFX
Transfer Money accross borders with so little fee that it is silly !
xxnirvana69xx
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May 23, 2014, 06:58:30 AM
 #3480

minerd.exe -a cryptonight -o miner.moneropool.com:5555 -u 44tfahU7q43Rqk......... -p x

Am I doing something wrong here? It crashes every time I run the bat.
add pause at the end
Code:
minerd.exe -a cryptonight -o miner.moneropool.com:5555 -u 44tfahU7q43Rqk......... -p x
pause

And see what it says.
crashes before the pause gets ran lol
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