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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4676819 times)
hitbtc
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July 16, 2014, 11:04:17 AM
 #9841

Hi! Hitbtc team here.
As you remember, several days ago we launched a new campaign:
Now everyone can send us bug reports or usability improvements.


Thank you for taking a part in this campaign. We now have more than 10 e-mails with different suggestions or reports.
For now all of them are currently under investigation. Once this process is complete, we’ll send out rewards.
But the first rewards have already been transfered!
The campaign is not over, so send your bug reports or usability improvements to pr@hitbtc.com to get your reward:
100 XMR for a bug report;
50 XMR for any accepted usability improvement.
Get your reward – get in touch with us.


sammy007
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July 16, 2014, 12:03:18 PM
 #9842

Hi! Hitbtc team here.
As you remember, several days ago we launched a new campaign:
Now everyone can send us bug reports or usability improvements.


Thank you for taking a part in this campaign. We now have more than 10 e-mails with different suggestions or reports.
For now all of them are currently under investigation. Once this process is complete, we’ll send out rewards.
But the first rewards have already been transfered!
The campaign is not over, so send your bug reports or usability improvements to pr@hitbtc.com to get your reward:
100 XMR for a bug report;
50 XMR for any accepted usability improvement.
Get your reward – get in touch with us.



I will flood you.
hitbtc
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July 16, 2014, 12:14:30 PM
 #9843

I will flood you.

Do this, get rich quick! Send your suggestions or bug reports to PR@hitbtc.com


Jcw188
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July 16, 2014, 01:07:45 PM
 #9844

The campaign is not over, so send your bug reports or usability improvements to pr@hitbtc.com to get your reward:
100 XMR for a bug report;
50 XMR for any accepted usability improvement.
Get your reward – get in touch with us.



Actually got my coins, thanks very much! I hope the improvements make it to implementation - you guys have built something good and it would be cool to see it gain a real edge on the rest.
guys, keep posting suggestions because if they're actually taking notice and doing them then we can get a half decent exchange going here! ..Thanks for the reward again Wink

.
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RentaMouse
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July 16, 2014, 02:11:23 PM
 #9845

Tx fees are based on the original money supply.

No additional coin production + lost coins etc would cause exactly that deflation in the supply which would cause inflation on the price (value increase).

It isn't the value issue I have with transaction fees, it is the fact that for transaction fees to exceed marginal costs (i.e. to serve as a funding source for proof-of-work), mining has to be monopolized, and then other problems flow from there. I can't believe that is what Satoshi intended.

I know there is a comment or two from him where he considered the whole mining model to be a bit unfinished, so perhaps he just solved what he could and then moved on.



Indeed, I've yet to see a convincing argument (quite possible I havent looked hard enough) that Bitcoin tx fees will be enough by themselves to fund a sufficiently decentralised mining network, and miners are the only ones who really have an incentive to run full nodes too.

My personal view is that the future usage of Monero will be less about being an alternative to Paypal/credit cards (which would provide a high daily tx volume relative to value), and more about discretely moving wealth (lower tx volume but with higher value), so tx fees only block reward will be comparatively less than what Bitcoin might achieve.

Its possible that other services could be grafted on to Monero mining pools to add value - even with the move to db storage for the blockchain it still has a high storage and processing requirement to maintain a wallet. There has been some discussion already about a "thin wallet" client that relies on a hosted service, perhaps a future evolution might see wallet users paying a small fee to pools/miners for providing that. Or a different sort of merged mining where the network can be utilised as a sort of distributed supercomputer for hire, in addition to block solving work miners can be submitting shares for work on third party computing tasks.

My point is that a perpetual block reward may not be necessary to keep the network secured if some lateral thinking is applied, however "not necessary" doesn't mean it may not be desirable for other reasons.

Pool admin @ http://cryptonotepool.org.uk/ - for miners who value reliability (and like orange)!
Currently donating all of our 1% pool fee to the dev fund - mine at CryptonotepoolUK and support XMR at no extra cost!
openyourmind
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July 16, 2014, 03:23:18 PM
 #9846

Is there anyone here who is mining XMR only, no other coins? Will it be profitable?
Quicken
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July 16, 2014, 03:44:19 PM
 #9847

Is there anyone here who is mining XMR only, no other coins? Will it be profitable?

Yup, but I'm mining to hold. No interest in selling any this year, and probably not 2015 either. I am not sure about short term profitability.
Shrikez
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July 16, 2014, 03:46:40 PM
 #9848

Is there anyone here who is mining XMR only, no other coins? Will it be profitable?

I have been mining XMR exclusively for around 6 weeks now. I have yet to sell a single XMR. It is already profitable but you might make more short term with other coins.

I also keep buying more on exchanges when I think the price is right.

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nopedope89
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July 16, 2014, 04:15:45 PM
 #9849

Hey guys!

I decided to launch special campaign which will give you an opportunity to get 0% PPLNS fee for a month on Minergate.com.

1. Take a photo of your mining rig with a list of paper in front, which is saying “I mine on Minergate using YOUR EQUIPMENT”  (YOUR EQUPMENT – equipment you use for mining)
2. Post photo in Twitter with a message “I earn #user_currency on #cryptonote #miningpool @MinerGate minergate.com”(user_currency – coin you mine)
3. Post a link to your tweet in our topic in Bitcointalk https://bitcointalk.org/index.php?topic=528848.1080
4. PM me with a link to your post and email you use for mining

Hope you will enjoy this little entertainment and waiting for your photos!


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Rinndaranaur
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July 16, 2014, 04:48:28 PM
 #9850

Does it make any sense to try mining monero with the use of a laptop?

My PC needs repair and I’m thinking of switching to laptop for a while.
slavo
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July 16, 2014, 04:56:49 PM
 #9851

should i dump soon ? i would like moar xmr ^^
thefunkybits
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July 16, 2014, 05:05:29 PM
 #9852

is this baby going to 0.01?  Shocked
griffinriz
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July 16, 2014, 05:08:08 PM
 #9853

is this baby going to 0.01?  Shocked

Beyond that  Shocked
Vilawil
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July 16, 2014, 05:11:38 PM
 #9854

Does it make any sense to try mining monero with the use of a laptop?

My PC needs repair and I’m thinking of switching to laptop for a while.


Depends on the laptops specs - mine is pretty weak comparing to my desktop. You won’t get much and most likely it won’t even be enough to pay your electricity bill.
digitalninja81
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July 16, 2014, 05:18:12 PM
 #9855

Everybody knows who the main stakeholders are, and if they decide to stir up something funny, nothing will stop them.
titan86
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July 16, 2014, 05:24:54 PM
 #9856

Everybody knows who the main stakeholders are, and if they decide to stir up something funny, nothing will stop them.


I won’t be surprised if I wake up once to find monero dead and gone.
GreekBitcoin
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July 16, 2014, 05:27:30 PM
 #9857

Everybody knows who the main stakeholders are, and if they decide to stir up something funny, nothing will stop them.


I won’t be surprised if I wake up once to find monero dead and gone.

I wont be suprised if you are already butthurted and you are going to be even more soon.
celestio
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July 16, 2014, 05:29:42 PM
 #9858

It's odd that most newbie members have 99% of their post history corresponding about XMR in ways that don't even make sense. Bytecoin sockpuppet accounts, obvious is obvious.

"The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime" - Satoshi Nakamoto, June 17, 2010
Vilawil
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July 16, 2014, 05:34:37 PM
 #9859

Everybody knows who the main stakeholders are, and if they decide to stir up something funny, nothing will stop them.


I won’t be surprised if I wake up once to find monero dead and gone.

Can you tell me the names of stakeholders if you’re so positive? To me it sounds like total nonsense.
hodlmybtc
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July 16, 2014, 05:36:42 PM
 #9860

It's odd that most members my age/activity have 99% of their post history corresponding about XMR in ways that don't even make sense. Bytecoin sockpuppet accounts, obvious is obvious.

Yeah it's too obvious.

Why else would you go troll in a thread of a coin you aren't interested in?

But we all know Monero will end up at the top and Bytecoin bagholders will all end in tears, what else would you expect from a 82% premined coin?
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