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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4676695 times)
Kuttingcorners
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June 24, 2014, 04:09:20 AM
 #7641

dumptruck beep beep
drawingthesun
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June 24, 2014, 04:21:11 AM
 #7642

dumptruck beep beep

Oh finally!

I can't wait until the people holding this just for pumping get out and the 0.002's come back. I'm ready. Smiley
lengcoucdqzv647
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June 24, 2014, 04:23:46 AM
 #7643

I will keep voting.
i wish this coin will be good in the future.

sammy007
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June 24, 2014, 04:30:49 AM
 #7644


Yeah, keep voting, LOL.
surfer43
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June 24, 2014, 04:37:33 AM
 #7645

bye monero.farm  Cry
Nathonas
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June 24, 2014, 04:52:32 AM
 #7646

Mintpal, the dumptruck of promising coins.

All we have to decide is what to do with the time that is given us.
Mumbles
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June 24, 2014, 04:58:55 AM
 #7647

While I completely understand your points and thoughts, this is actually 100% the wrong strategy. So many engineers and other technology workers make this mistake all the time. They think that its enough to build something superior technically, and the marketing will just happen and success will just happen. I see it all the time in the VC work I do in Silicon Valley. Its a huge error.

Market opportunity is a fleeting thing. VHS beat out BetaMax but BetaMax was much better technology. But VHS won because it was simpler and had much better marketing.

The Monero community and the devs especially, need to understand that time is not a luxury, and that marketing and ease of use are not unnecessary for success. There is only a small window of opportunity here to gain serious momentum and mindshare. After that some other coin (BBR, or new competitor) that has basically the same feature set but with an easy to use wallet and ecosystem that is actively marketed and promoted will win and XMR will be nothing but an also ran.

I love XMR's potential, but until the devs really understand the need for speed and the need for ease of use and the need for active marketing now while the iron is hot, they are in danger of choosing the exact wrong approach to success.

If you want to change the world, then XMR needs to be so easy that anyone can buy XMR and transfer it with no learning of any kind. It just works. If XMR can't do it, then some other competitor will and XMR will lose the window to become number one. Because once a coin ends up being THE coin of choice for anonymous transactions its game over for all the others.


Monero is doing what exactly needs to be doing. Being anonymous and not being wannabe anonymous. It is doing this right now and not in the future and is not closed source. I really dont care if it is noob friendly right now.

Right now it doesnt need to be mainstream. Have you seen any marketing? Getting mainstream too fast will just make it a pump and dump after all...
shfc
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June 24, 2014, 05:05:14 AM
 #7648

Mintpal, the dumptruck of promising coins.

i wish xmr will be good in the future.
TheFuneral
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June 24, 2014, 05:34:37 AM
 #7649

bye monero.farm  Cry

what happened to payouts? He owes me 3XMR.
cAPSLOCK
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June 24, 2014, 05:45:59 AM
 #7650

Looking forward to the MRO pump on MintPal

Are we sure we haven't seen it already?

Monero isn't even on Mintpal yet, idiot. It's #1 on voting list, #1's get added every Monday, today is Wednesday. That means Monero is going to get added Next Monday, idiot.
I'm pretty sure he is trying to say that since the market expect XMR to be added to mintpal the market will already have priced this in, thus there won't be further spike than we have seen, in fact the price may decline since the expected pump fails to emerge.

I personally think we'll see a spike higher than we seen last few days since adding it to mintpal will expose more people to monero.

I get what he's trying to say, and it doesn't make any sense. That's not how markets work. Poloniex/Bittrex are very small exchanges compared to Mintpal. After Poloniex's recent hacking, I'm sure many many users Do not user Poloniex now, and I've only heard of Bittrex about a week ago..

Mintpal has a huge user base, making it very unlikely that the recent rise in price was factored in because Monero might get added to Mintpal...Learn marketing cAPSLOCK..It only went up because of the small Poloniex userbase that is holding/buying Monero. Wait until Monero is on Mintpal, with a MUCH bigger userbase..

I didn't like being called an idiot back then very much... but I knew then as I do now who the idiot is.

Buying back in now.

Devs... please keep on truckin.
tacotime
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June 24, 2014, 05:48:27 AM
 #7651

While I completely understand your points and thoughts, this is actually 100% the wrong strategy. So many engineers and other technology workers make this mistake all the time. They think that its enough to build something superior technically, and the marketing will just happen and success will just happen. I see it all the time in the VC work I do in Silicon Valley. Its a huge error.

Market opportunity is a fleeting thing. VHS beat out BetaMax but BetaMax was much better technology. But VHS won because it was simpler and had much better marketing.

The Monero community and the devs especially, need to understand that time is not a luxury, and that marketing and ease of use are not unnecessary for success. There is only a small window of opportunity here to gain serious momentum and mindshare. After that some other coin (BBR, or new competitor) that has basically the same feature set but with an easy to use wallet and ecosystem that is actively marketed and promoted will win and XMR will be nothing but an also ran.

I love XMR's potential, but until the devs really understand the need for speed and the need for ease of use and the need for active marketing now while the iron is hot, they are in danger of choosing the exact wrong approach to success.

If you want to change the world, then XMR needs to be so easy that anyone can buy XMR and transfer it with no learning of any kind. It just works. If XMR can't do it, then some other competitor will and XMR will lose the window to become number one. Because once a coin ends up being THE coin of choice for anonymous transactions its game over for all the others.

The problem is that the reference code (especially the wallet) is still buggy as all hell and behaves unpredictably. All the CN code has these problems right. Building a GUI wallet isn't the hard part, making it robustly functional is. This is financial software, if things behave unexpectedly people lose their money and their shit, which is much worse for a cryptocurrency in the long run.

There are a couple alpha GUIs right now, probably the most mature is this Windows one if you want to play with it: https://github.com/Jojatekok/monero-client/releases

Code:
XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
Lucksee
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June 24, 2014, 06:00:40 AM
 #7652

So, I've just done some math and I pray to the moon god that I'm not missing something massively important...
but a week or two ago, I mined XMR for ~4 days in a pool at about ~100khs (quite a bit of fluctuation, actually) and I apparently made ~4 XMR.

I was thinking about buying a 5mhz scrypt miner tomorrow. If I had used a 5mhz miner for those 4 days instead, the math tells me I would have made ~400 XMR...

..the miner would have paid for itself, plus another couple hundred dollars.

Am I dreaming.

Someone explain what I'm missing. I only got into crypto a month ago.
cAPSLOCK
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June 24, 2014, 06:03:53 AM
 #7653

So, I've just done some math and I pray to the moon god that I'm not missing something massively important...
but a week or two ago, I mined XMR for ~4 days in a pool at about ~100khs (quite a bit of fluctuation, actually) and I apparently made ~4 XMR.

I was thinking about buying a 5mhz scrypt miner tomorrow. If I had used a 5mhz miner for those 4 days instead, the math tells me I would have made ~400 XMR...

..the miner would have paid for itself, plus another couple hundred dollars.

Am I dreaming.

Someone explain what I'm missing. I only got into crypto a month ago.

Scrypt miners will not work with cryptonote afaik.
mozurt
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June 24, 2014, 06:05:11 AM
 #7654

So, I've just done some math and I pray to the moon god that I'm not missing something massively important...
but a week or two ago, I mined XMR for ~4 days in a pool at about ~100khs (quite a bit of fluctuation, actually) and I apparently made ~4 XMR.

I was thinking about buying a 5mhz scrypt miner tomorrow. If I had used a 5mhz miner for those 4 days instead, the math tells me I would have made ~400 XMR...

..the miner would have paid for itself, plus another couple hundred dollars.

Am I dreaming.

Someone explain what I'm missing. I only got into crypto a month ago.

monero use cryptonight algo dude Cheesy
pandher
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June 24, 2014, 06:06:28 AM
 #7655

The last few pages are all -

Oh shit dumppppp

If Monero has to succeed bla bla bla

Dont worry, buy more

It makes me think its all about the BTC, the higher the value goes, more BTC they get


Lucksee
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June 24, 2014, 06:30:27 AM
 #7656

So, I've just done some math and I pray to the moon god that I'm not missing something massively important...
but a week or two ago, I mined XMR for ~4 days in a pool at about ~100khs (quite a bit of fluctuation, actually) and I apparently made ~4 XMR.

I was thinking about buying a 5mhz scrypt miner tomorrow. If I had used a 5mhz miner for those 4 days instead, the math tells me I would have made ~400 XMR...

..the miner would have paid for itself, plus another couple hundred dollars.

Am I dreaming.

Someone explain what I'm missing. I only got into crypto a month ago.

monero use cryptonight algo dude Cheesy
So, I've just done some math and I pray to the moon god that I'm not missing something massively important...
but a week or two ago, I mined XMR for ~4 days in a pool at about ~100khs (quite a bit of fluctuation, actually) and I apparently made ~4 XMR.

I was thinking about buying a 5mhz scrypt miner tomorrow. If I had used a 5mhz miner for those 4 days instead, the math tells me I would have made ~400 XMR...

..the miner would have paid for itself, plus another couple hundred dollars.

Am I dreaming.

Someone explain what I'm missing. I only got into crypto a month ago.

Scrypt miners will not work with cryptonote afaik.

Lol OK. Thx.

...but it was such a glorious dream.

So, if I understand correctly, there are no special purpose mining rigs that can mine cryptonight coins? I'm not sure anymore, but if I wanted to invest in more mining power for cryptonight I'd just have to find the most efficient CPU?
expert-lister
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June 24, 2014, 06:35:19 AM
 #7657

So, I've just done some math and I pray to the moon god that I'm not missing something massively important...
but a week or two ago, I mined XMR for ~4 days in a pool at about ~100khs (quite a bit of fluctuation, actually) and I apparently made ~4 XMR.

I was thinking about buying a 5mhz scrypt miner tomorrow. If I had used a 5mhz miner for those 4 days instead, the math tells me I would have made ~400 XMR...

..the miner would have paid for itself, plus another couple hundred dollars.

Am I dreaming.

Someone explain what I'm missing. I only got into crypto a month ago.

Scrypt miners will not work with cryptonote afaik.

Why?

Liberty...
cAPSLOCK
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June 24, 2014, 06:35:43 AM
 #7658

The last few pages are all -

Oh shit dumppppp

If Monero has to succeed bla bla bla

Dont worry, buy more

It makes me think its all about the BTC, the higher the value goes, more BTC they get




So are you saying XMR is just a big long con run by whales?
appsam920
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June 24, 2014, 06:39:28 AM
 #7659

whats the problem with XMR? why the dump?
drakoin
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see my profile


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June 24, 2014, 06:42:21 AM
 #7660

whats the problem with XMR? why the dump?

Just invent a reason. That's what everyone does right now.

no sign of a signature
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