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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4238163 times)
garytheasshole
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December 15, 2017, 06:36:05 PM
 #37341

Why does Dash have a higher market cap than Monero? It seems like an inferior solution that's much less elegant. Masternodes seem vulnerable and you have to take action to send Dash anonymously. Also, isn't Monero more widely used in commerce?
You pretty much answered your own question, masternodes freeze large portion of the coins which increases scarcity.

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Tropwal
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December 15, 2017, 06:37:48 PM
 #37342

Just bought some monero,i hope im not too late to make some money.
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December 15, 2017, 09:28:28 PM
 #37343

Just bought some monero,i hope im not too late to make some money.
What's your horizon?
explorer
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December 15, 2017, 09:46:18 PM
 #37344


You sir are a dedicated individual.  Yes, one of many, I know, but visible everywhere.  Your tireless efforts on many fronts over the years are greatly appreciated.  Cheers!
BreadandButter
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December 15, 2017, 09:48:19 PM
 #37345

I just started mining monero few days back...lets see how much profit I will be in  Grin
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December 15, 2017, 09:52:28 PM
 #37346

I just started mining monero few days back...lets see how much profit I will be in  Grin
Hi BreadandButter, which hardware are you using?

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Etherdelta.com (https://goo.gl/pmNAA7)
AdamT
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December 15, 2017, 11:59:14 PM
 #37347

I'd like to dip/anonymize my BTC holdings into Monero and then right back again to fresh BTC addresses into long-term cold storage no one can track from previous BTC addresses on the blockchain. I don't have a lot of experience with Monero and am wondering the best practices in doing this.
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December 16, 2017, 12:08:24 AM
 #37348

I'd like to dip/anonymize my BTC holdings into Monero and then right back again to fresh BTC addresses into long-term cold storage no one can track from previous BTC addresses on the blockchain. I don't have a lot of experience with Monero and am wondering the best practices in doing this.

Seems like washing your car in a dust storm, but you could do something like this:
  Deposit BTC to a high enough volume exchange that supports Monero.  Transfer Monero to alternate exchange (or just trade back on first exchange, if you are not sufficiently paranoid), withdraw BTC to chosen wallets.  Repeat each time you do a BTC transaction.  Or just use Monero.  You will eventually, so just get ahead of the curve. 
lowtempo
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December 16, 2017, 04:21:39 AM
 #37349

Does anyone else here use the mymonero.com web wallet?  I have been trying to access the site today but the site seems to be timing out, when trying to access.   

Thanks in advance.
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December 16, 2017, 05:16:12 AM
 #37350

Does anyone else here use the mymonero.com web wallet?  I have been trying to access the site today but the site seems to be timing out, when trying to access.   

Thanks in advance.

Same result.
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December 16, 2017, 05:42:28 AM
 #37351

Thanks for the confirmation.  I hope mymonero.com site being down is just temporary.   If the site comes up, I might try to get my XMR out of that site and into another wallet.  These web wallets make me nervous. 
jwinterm
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December 16, 2017, 06:18:57 AM
 #37352

Thanks for the confirmation.  I hope mymonero.com site being down is just temporary.   If the site comes up, I might try to get my XMR out of that site and into another wallet.  These web wallets make me nervous. 

You can always use your seed from mymonero in the regular wallet. I'm not sure exactly how to do that, but I know it's possible.
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December 16, 2017, 06:38:29 AM
 #37353

Thanks for the confirmation.  I hope mymonero.com site being down is just temporary.   If the site comes up, I might try to get my XMR out of that site and into another wallet.  These web wallets make me nervous.  

You can always use your seed from mymonero in the regular wallet. I'm not sure exactly how to do that, but I know it's possible.
Here is how it's done in CLI wallet.  

It would probably take me as long as waiting for the site to be fixed  Tongue

edit:
this one is for mymonero keys, not seed
garytheasshole
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December 16, 2017, 08:20:58 AM
 #37354

Thanks for the confirmation.  I hope mymonero.com site being down is just temporary.   If the site comes up, I might try to get my XMR out of that site and into another wallet.  These web wallets make me nervous.  

You can always use your seed from mymonero in the regular wallet. I'm not sure exactly how to do that, but I know it's possible.
Here is how it's done in CLI wallet.  

It would probably take me as long as waiting for the site to be fixed  Tongue

edit:
this one is for mymonero keys, not seed
Mymonero uses 12 word seed rather than 25 so that's probably the only option.

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December 16, 2017, 11:58:11 AM
 #37355

For MyMonero users, you can use this guide to import your wallet into the GUI:

https://monero.stackexchange.com/questions/3775/how-to-restore-a-monero-wallet-from-private-keys

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
revelacaogr
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December 16, 2017, 12:15:06 PM
 #37356

Monero and Privacy with Riccardo Spagni (aka @fluffypony) - Off Chain Special

https://www.youtube.com/watch?v=FRdGe9kNBRI&t=0s

We discuss all the latest privacy technologies and how Monero will be incorporating Bulletproofs, MimbleWimble and how this affects Bitcoin.
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December 16, 2017, 01:07:23 PM
 #37357

I literally had a dream today that Monero was 2000$.
Dunno why, but I wanted to share this.

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wizzard0
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December 16, 2017, 04:24:29 PM
 #37358

not sure this is the best place to ask, but... how long does monero full node currently take to sync? (given a SSD)
About a day, maybe less if you have a beefy CPU and decent bandwidth
Thanks, turned out the problem was high wifi packet loss, synced beautifully after I switched to wired LAN
semiwylson
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December 16, 2017, 04:27:16 PM
 #37359

as for me it is the most private coin!
Shotz
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December 16, 2017, 07:55:47 PM
 #37360

I literally had a dream today that Monero was 2000$.
Dunno why, but I wanted to share this.
The space is growing fast, anon coins are going to become very in demand soon.

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