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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4659325 times)
5w00p
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March 03, 2015, 05:18:53 AM
 #20501

It was 50k not a 100k according to bitcoinwisdom charts.

With BTC's recent rise, actual XMR price in USD is pretty steady, despite the 100k dump in the video.

OK, Sherlock, but he had 100k and he soldit in two 50k chunks in the video here: https://vid.me/ima7
Maybe he canceled the second one.

Awesome post, G2M.
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Anon136
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March 03, 2015, 06:18:34 AM
 #20502

It was 50k not a 100k according to bitcoinwisdom charts.

With BTC's recent rise, actual XMR price in USD is pretty steady, despite the 100k dump in the video.

OK, Sherlock, but he had 100k and he soldit in two 50k chunks in the video here: https://vid.me/ima7
Maybe he canceled the second one.

Awesome post, G2M.

It seems like, if anything, this video shows the surprising amount of liquidity in this market. I cant believe someone was able to dump 20,000 dollars worth of XMR in a single instant and only swing the price by 6.6%.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
smooth
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March 03, 2015, 06:19:43 AM
 #20503

It was 50k not a 100k according to bitcoinwisdom charts.

With BTC's recent rise, actual XMR price in USD is pretty steady, despite the 100k dump in the video.

OK, Sherlock, but he had 100k and he soldit in two 50k chunks in the video here: https://vid.me/ima7
Maybe he canceled the second one.

Awesome post, G2M.

It seems like, if anything, this video shows the surprising amount of liquidity in this market. I cant believe someone was able to dump 20,000 dollars worth of XMR in a single instant and only swing the price by 6.6%.

Excellent point
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March 03, 2015, 06:33:03 AM
 #20504

It seems like, if anything, this video shows the surprising amount of liquidity in this market. I cant believe someone was able to dump 20,000 dollars worth of XMR in a single instant and only swing the price by 6.6%.

It works both ways.  You could buy 1% of the total emission right now, on a single exchange, and move the price maybe 10%.  Try doing that with AAPL shares or JPY.

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.
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March 03, 2015, 06:38:40 AM
 #20505

It seems like, if anything, this video shows the surprising amount of liquidity in this market. I cant believe someone was able to dump 20,000 dollars worth of XMR in a single instant and only swing the price by 6.6%.

It works both ways.  You could buy 1% of the total emission right now, on a single exchange, and move the price maybe 10%.  Try doing that with AAPL shares or JPY.

Its all about perspective. Liquidity of XMR is terrible compared to BTC which is terrible compared to JPY, but XMR is quite liquid compared to most small cryptocurrency projects.

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March 03, 2015, 07:06:19 AM
 #20506

It seems like, if anything, this video shows the surprising amount of liquidity in this market. I cant believe someone was able to dump 20,000 dollars worth of XMR in a single instant and only swing the price by 6.6%.

It works both ways.  You could buy 1% of the total emission right now, on a single exchange, and move the price maybe 10%.  Try doing that with AAPL shares or JPY.

Lol well yea. I'm comparing it to other altcoins.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
rpietila
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March 03, 2015, 09:07:46 AM
 #20507

It seems like, if anything, this video shows the surprising amount of liquidity in this market. I cant believe someone was able to dump 20,000 dollars worth of XMR in a single instant and only swing the price by 6.6%.

It works both ways.  You could buy 1% of the total emission right now, on a single exchange, and move the price maybe 10%.  Try doing that with AAPL shares or JPY.

Its all about perspective. Liquidity of XMR is terrible compared to BTC which is terrible compared to JPY, but XMR is quite liquid compared to most small cryptocurrency projects.

Relatively, the liquidity of XMR is quite good. Buying 1% of XMR can be accomplished in a week without moving the price more than 5-10%, even less if you are lucky.

Try the same with gold Wink

Or physical silver, buy 200,000,000 oz without moving the price!  Grin

HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
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March 03, 2015, 09:43:07 AM
 #20508

We try to fit it into three words. Secure. Private. Untraceable.

In reality, it's tens of thousands of lines of code.

It's tens of thousands of posts, all part of a recent living past.

It's thousands of people, each an individual beating heart.

All sitting down mashing buttons on a keyboard.

And it's so much more than that.

[snip snip]

Much more than mashing the keyboard Wink

Thank you for being here.
acha
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March 03, 2015, 12:30:39 PM
 #20509

What's with lightWallet GUI? Not synchronized... As far as I understand, blockchain from  http://xmr1.coolmining.club:5012 may be not workinking, No daemon connection report me my wallet.. Is this true?
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March 03, 2015, 01:03:11 PM
 #20510

What's with lightWallet GUI? Not synchronized... As far as I understand, blockchain from  http://xmr1.coolmining.club:5012 may be not workinking, No daemon connection report me my wallet.. Is this true?

The following is what you get when you go to that pool...................................

This pool is closed, not enough miners who are dumb enough to concentrate hashrate on 2 or 3 big pools.
Too stupid and too bad.
I would like to thank all the miners who supported this pool so far, i can count them on my left hand



Also....  http://forkguard.com/



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March 03, 2015, 01:25:10 PM
 #20511

Cryptonight Miner for NVIDIA Maxwell for sale for a 0.2 BTC donation.  (currently around 10% faster than the TSIV miner)
You will also recieve a private and optimized Spreadminer (with source (linux compatible))

my BTC adress is in my signature.

The donators will recieve updates with faster hashrates later as well.

Team Black Miner (Ethereum POW ETC Vertcoin Ravencoin Zilliqa + dual mining
https://github.com/sp-hash/TeamBlackMiner
pc888
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March 03, 2015, 01:27:17 PM
 #20512

Hello everyone from Monero


A new Monero Community Down Under - http://cryptooz.com/group/xmr-monero-community-group

Join up to keep in touch share ideas and spread the word.

Members
Photos
Videos
Events
Forum

See you there!

The site is a working progress of more things will be added as we go, but if you have any suggestions or thoughts I would love to hear from you.

Thanks

Quicken
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March 03, 2015, 01:37:53 PM
 #20513

What's with lightWallet GUI? Not synchronized... As far as I understand, blockchain from  http://xmr1.coolmining.club:5012 may be not workinking, No daemon connection report me my wallet.. Is this true?

I posted about this yesterday, but had no responses:

https://bitcointalk.org/index.php?topic=583449.msg10630258#msg10630258
nikos64
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March 03, 2015, 02:24:31 PM
 #20514

What's with lightWallet GUI? Not synchronized... As far as I understand, blockchain from  http://xmr1.coolmining.club:5012 may be not workinking, No daemon connection report me my wallet.. Is this true?

I posted about this yesterday, but had no responses:

https://bitcointalk.org/index.php?topic=583449.msg10630258#msg10630258
Here, clear answers:
https://github.com/jwinterm/lightWallet
Short story (not really):
Go to the Documents\lightWallet folder, open the CONFIG.file file with notepad and change the node to:
Quote
Quicken
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March 03, 2015, 02:27:28 PM
 #20515

What's with lightWallet GUI? Not synchronized... As far as I understand, blockchain from  http://xmr1.coolmining.club:5012 may be not workinking, No daemon connection report me my wallet.. Is this true?

I posted about this yesterday, but had no responses:

https://bitcointalk.org/index.php?topic=583449.msg10630258#msg10630258
Here, clear answers:
https://github.com/jwinterm/lightWallet
Short story (not really):
Go to the Documents\lightWallet folder, open the CONFIG.file file with notepad and change the node to:
Quote

Or:
Quote
jwinterm
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March 03, 2015, 03:20:15 PM
 #20516

What's with lightWallet GUI? Not synchronized... As far as I understand, blockchain from  http://xmr1.coolmining.club:5012 may be not workinking, No daemon connection report me my wallet.. Is this true?

I posted about this yesterday, but had no responses:

https://bitcointalk.org/index.php?topic=583449.msg10630258#msg10630258
Here, clear answers:
https://github.com/jwinterm/lightWallet
Short story (not really):
Go to the Documents\lightWallet folder, open the CONFIG.file file with notepad and change the node to:
Quote

Yea, seems that coolmining node is not working anymore. I will do at least a minor update in the next few days so that it uses moneroclub by default (and add fluffypony's awesome new logo).
matthewh3
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March 03, 2015, 09:10:16 PM
 #20517

I sent an email to the Tails developers, on the news they are including Bitcoin in the distro, I ask them to give a look at Monero since its the best crypto for privacy, I have not thought before that it was really a problem but we do need an official repo for Monero someday: Smiley

Quote
the only way to add a software in Tails is to make sure there is an official debian package, well maintened, and it doesn't seems to be the case for monero...

cheers.

Electrum isn't a Debian package and is just a simple Python package afaik.  Does Monero have a very lightweight web wallet that can be generated with a deterministic seed only.  Until such a time it won't fit within the minimal TAILS distro.  The whole TAILS ISO is only 951.8 MB in size.  And needs to be able to run completely from permanente media like DVD-R's.

GingerAle
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March 03, 2015, 09:26:39 PM
 #20518

I sent an email to the Tails developers, on the news they are including Bitcoin in the distro, I ask them to give a look at Monero since its the best crypto for privacy, I have not thought before that it was really a problem but we do need an official repo for Monero someday: Smiley

Quote
the only way to add a software in Tails is to make sure there is an official debian package, well maintened, and it doesn't seems to be the case for monero...

cheers.

Electrum isn't a Debian package and is just a simple Python package afaik.  Does Monero have a very lightweight web wallet that can be generated with a deterministic seed only.  Until such a time it won't fit within the minimal TAILS distro.  The whole TAILS ISO is only 951.8 MB in size.  And needs to be able to run completely from permanente media like DVD-R's.

Correct me if im wrong, but I think you just described mymonero.com


< Track your bitcoins! > < Track them again! > <<< [url=https://www.reddit.com/r/Bitcoin/comments/1qomqt/what_a_landmark_legal_case_from_mid1700s_scotland/] What is fungibility? >>> 46P88uZ4edEgsk7iKQUGu2FUDYcdHm2HtLFiGLp1inG4e4f9PTb4mbHWYWFZGYUeQidJ8hFym2WUmWc p34X8HHmFS2LXJkf <<< Free subdomains at moneroworld.com!! >>> <<< If you don't want to run your own node, point your wallet to node.moneroworld.com, and get connected to a random node! @@@@ FUCK ALL THE PROFITEERS! PROOF OF WORK OR ITS A SCAM !!! @@@@
onemorexmr
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March 03, 2015, 09:28:50 PM
 #20519

I sent an email to the Tails developers, on the news they are including Bitcoin in the distro, I ask them to give a look at Monero since its the best crypto for privacy, I have not thought before that it was really a problem but we do need an official repo for Monero someday: Smiley

Quote
the only way to add a software in Tails is to make sure there is an official debian package, well maintened, and it doesn't seems to be the case for monero...

cheers.

Electrum isn't a Debian package and is just a simple Python package afaik.  Does Monero have a very lightweight web wallet that can be generated with a deterministic seed only.  Until such a time it won't fit within the minimal TAILS distro.  The whole TAILS ISO is only 951.8 MB in size.  And needs to be able to run completely from permanente media like DVD-R's.

Correct me if im wrong, but I think you just described mymonero.com



from the rest of his post i think he wants a mymonero package which can be installed in a tails distro.
maybe he has a small home server and wants to run mymonero.com on hits own? the idea has merit...lets see Wink

XMR || Monero || monerodice.net || xmr.to || mymonero.com || openalias.org || you think bitcoin is fungible? watch this
netmonk
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March 03, 2015, 11:04:02 PM
 #20520

What's with lightWallet GUI? Not synchronized... As far as I understand, blockchain from  http://xmr1.coolmining.club:5012 may be not workinking, No daemon connection report me my wallet.. Is this true?

I posted about this yesterday, but had no responses:

https://bitcointalk.org/index.php?topic=583449.msg10630258#msg10630258
Here, clear answers:
https://github.com/jwinterm/lightWallet
Short story (not really):
Go to the Documents\lightWallet folder, open the CONFIG.file file with notepad and change the node to:
Quote

Yea, seems that coolmining node is not working anymore. I will do at least a minor update in the next few days so that it uses moneroclub by default (and add fluffypony's awesome new logo).

Yeah i was the runner of coolmining.club pool which had also an open node on which jwinterm relied for his lightweight wallet.
Sadly i had to giveup the server costing me 86euros/months since long time, as far as pool only earns me 7 moneros so far during all the up time.

I have other servers, for other business, so i will try to setup an opennode for prod and an opennode for testnet on those servers, but a bit of work is needed to prepare the compilation environment on those as far as they are in production status, and i would not like to impact much their current activity.

So far so good; thanks for all the fish and let's have a beer at the last restaurant before the end of universe Smiley
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