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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4670875 times)
QuantumQrack
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February 18, 2016, 04:13:46 AM
 #29161

The price is still higher than it was 5 days ago.

Monero is poised to go higher. I don't know when, but if you consider these points, it's looking very good for the long term (very important) and perhaps even the short-term (not as important, but nice)

  • It's the only major coin that's completely fungible, private, secure, decentralized, and untraceable.
  • The cryptology behind it has been tested and proven. Indeed, it is under constant scrutiny from people/orgs, some of whom are desperately probing for fundamental weaknesses. After much testing, research, and use, it remains solid.
  • More companies and governments are becoming ever more intrusive into the details of our lives. As this continues, the need and demand for a truly private currency will grow.

Monero's poised to be poison for poor suckers who didn't sell yet. Real volume is around 30k. Still has a long way to crash. He who defects first defects best as saying goes. Be my guest and try catching falling poisoned knives on their way to 3-4 million market cap.

Insert cryptocurrency here ---> ____________ poised to be poison for poor suckers who didn't sell yet. Real volume is around 30k. Still has a long way to crash. He who defects first defects best as saying goes. Be my guest and try catching falling poisoned knives on their way to 3-4 million market cap.

People have been saying this shit for the last five years.

I dont suppose you have a brother named Derp?
QuantumQrack
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February 18, 2016, 05:03:23 AM
 #29162

where i can buy xmr with btc ?

Poloniex.com

shapeshift.io
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February 18, 2016, 06:14:44 AM
 #29163

where i can buy xmr with btc ?
https://bittrex.com/Market/Index?MarketName=BTC-XMR

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
rpietila
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February 18, 2016, 11:05:12 AM
 #29164

In my understanding, it's possible to speculate on short term price movements, but then you are prey to manipulators who eg. see information that you don't (margin call levels, ..)

Quote
Monero is poised to go higher. I don't know when, but if you consider these points, it's looking very good for the long term (very important) and perhaps even the short-term (not as important, but nice)

&

Quote
Monero's poised to be poison for poor suckers who didn't sell yet.

Longer term the manipulation does not matter and both of the above quotes are both true in their own scenarios. I still believe Monero will more likely fail than succeed in its mission, but since the success carries a 1,000x profit tag and failure is only -1x, investing and holding is an easy decision, with the amount being the only variable.

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)
birr
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February 18, 2016, 12:36:43 PM
 #29165


Longer term the manipulation does not matter and both of the above quotes are both true in their own scenarios. I still believe Monero will more likely fail than succeed in its mission, but since the success carries a 1,000x profit tag and failure is only -1x, investing and holding is an easy decision, with the amount being the only variable.
May be time to brush up on the Kelly criterion.
1337leet
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February 18, 2016, 02:08:53 PM
 #29166

I'm looking for an exchange where I can deposit some XMR and change them to BTC without or with very little fees.
If XMR is falling I wanna change to XMR again and so on.
And then I wanna cash out the coins to my wallets again without or with very little fees.

Anyone knows an exchange that is able to do this without huge amounts of fees?

And without long registrations?
bitebits
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February 18, 2016, 04:30:21 PM
 #29167

I'm looking for an exchange where I can deposit some XMR and change them to BTC without or with very little fees.
If XMR is falling I wanna change to XMR again and so on.
And then I wanna cash out the coins to my wallets again without or with very little fees.

Anyone knows an exchange that is able to do this without huge amounts of fees?

And without long registrations?

https://poloniex.com/

- You can figure out what will happen, not when /Warren Buffett
- Pay any Bitcoin address privately with a little help of Monero.
1337leet
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February 18, 2016, 05:21:00 PM
 #29168

I'm looking for an exchange where I can deposit some XMR and change them to BTC without or with very little fees.
If XMR is falling I wanna change to XMR again and so on.
And then I wanna cash out the coins to my wallets again without or with very little fees.

Anyone knows an exchange that is able to do this without huge amounts of fees?

And without long registrations?

https://poloniex.com/

Thank you.
What is the difference between the "exchange" and "margin trading"?
owlcatz
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February 18, 2016, 05:28:04 PM
 #29169

I'm looking for an exchange where I can deposit some XMR and change them to BTC without or with very little fees.
If XMR is falling I wanna change to XMR again and so on.
And then I wanna cash out the coins to my wallets again without or with very little fees.

Anyone knows an exchange that is able to do this without huge amounts of fees?

And without long registrations?

https://poloniex.com/

Thank you.
What is the difference between the "exchange" and "margin trading"?

Exchange = Buying/Selling/Trading coins.
Margin Trading = Investopedia because it's too long to explain here.

.
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[/ce
opennux
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February 18, 2016, 05:33:14 PM
 #29170

I'm looking for an exchange where I can deposit some XMR and change them to BTC without or with very little fees.
If XMR is falling I wanna change to XMR again and so on.
And then I wanna cash out the coins to my wallets again without or with very little fees.

Anyone knows an exchange that is able to do this without huge amounts of fees?

And without long registrations?

https://poloniex.com/

Thank you.
What is the difference between the "exchange" and "margin trading"?

Ask AmericanPegasus.  Cheesy Cheesy
nioc
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February 18, 2016, 06:39:50 PM
 #29171

I'm looking for an exchange where I can deposit some XMR and change them to BTC without or with very little fees.
If XMR is falling I wanna change to XMR again and so on.
And then I wanna cash out the coins to my wallets again without or with very little fees.

Anyone knows an exchange that is able to do this without huge amounts of fees?

And without long registrations?

https://poloniex.com/

Poloniex requires you to identify yourself (so I stopped using them when they started doing that). Try Shapeshift! Smiley

exchanges charge about a quarter percent while shape shift is about 1% although they don't mention their fee.

shape shift requires zero info.  I have been using bittrex which only required an email address but they are going the way of polo. everything is a tradeoff
pönde
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February 18, 2016, 06:48:37 PM
 #29172

I have synched with blockchain. I am trying to create a watch only wallet to simlplewallet by this command.
Quote
--generate-from-view-key 49bPEMu2NiJCDPAvzDDTJCfcRKcdSmB5P3XFbMbw7m1rJt7cotJeFJEZVhTFguYeQ4TNEvPwAbtF5Ps JQ9iEKz8mH2WmQo3:794d99ba442931954d00de76218f62a85692fbffd544590a0f5d913149fed0a:lookwallet


It is like
Quote
--generate-from-view-key address:viewkey:filename


But only this happens.
Quote
[wallet 4AT4qA]: --generate-from-view-key 49bPEMu2NiJCDPAvzDDTJCfcRKcdSmB5P3XFbMbw7m1rJt7cotJeFJEZVhTFguYeQ4TNEvPwAbtF5Ps JQ9iEKz8mH2WmQo3:794d99ba442931954d00de76218f62a85692fbffd544590a0f5d913149fed0a:lookwallet
unknown command: --generate-from-view-key 49bPEMu2NiJCDPAvzDDTJCfcRKcdSmB5P3XFbMbw7m1rJt7cotJeFJEZVhTFguYeQ4TNEvPwAbtF5Ps JQ9iEKz8mH2WmQo3:794d99ba442931954d00de76218f62a85692fbffd544590a0f5d913149fed0a:lookwallet
[wallet 4AT4qA]:

What should be done?


$ simplewallet --generate-from-view-key 49bPEMu2NiJCDPAvzDDTJCfcRKcdSmB5P3XFbMbw7m1rJt7cotJeFJEZVhTFguYeQ4TNEvPwAbtF5Ps JQ9iEKz8mH2WmQo3:794d99ba442931954d00de76218f62a85692fbffd544590a0f5d913149fed0a:lookwallet


Ok. I put that command to linux command line inside the folder where simplewallet is. Not to inside running simplewallet software. I gues you ment that. Looks like you are almost right. You just missed dot and slash at the beginning of the command. It should be this way.

Quote
$ ./simplewallet --generate-from-view-key 49bPEMu2NiJCDPAvzDDTJCfcRKcdSmB5P3XFbMbw7m1rJt7cotJeFJEZVhTFguYeQ4TNEvPwAbtF5Ps JQ9iEKz8mH2WmQo3:794d99ba442931954d00de76218f62a85692fbffd544590a0f5d913149fed0a:lookwallet
Creating the logger system
Monero 'Hydrogen Helix' (v0.9.1.0-release)
Logging at log level 0 to /home./simplewallet.log
password: *****
Error: --generate-from-view-key needs a address:viewkey:filename triple
$

But till there is some problem. What that triple means at end of the error message?

Are you entering the command all on one line with no extra spaces in between. If you have a line break after AbtF5Ps as shown above or any extra spaces it would not work

So like this:

Code:
$ ./simplewallet --generate-from-view-key 49bPEMu2NiJCDPAvzDDTJCfcRKcdSmB5P3XFbMbw7m1rJt7cotJeFJEZVhTFguYeQ4TNEvPwAbtF5PsJQ9iEKz8mH2WmQo3:794d99ba442931954d00de76218f62a85692fbffd544590a0f5d913149fed0a:lookwallet


Looks like that worked! Thank you.
dEBRUYNE
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February 18, 2016, 07:24:52 PM
 #29173

I'm looking for an exchange where I can deposit some XMR and change them to BTC without or with very little fees.
If XMR is falling I wanna change to XMR again and so on.
And then I wanna cash out the coins to my wallets again without or with very little fees.

Anyone knows an exchange that is able to do this without huge amounts of fees?

And without long registrations?

https://poloniex.com/

Poloniex requires you to identify yourself (so I stopped using them when they started doing that). Try Shapeshift! Smiley

exchanges charge about a quarter percent while shape shift is about 1% although they don't mention their fee.

shape shift requires zero info.  I have been using bittrex which only required an email address but they are going the way of polo. everything is a tradeoff

Poloniex charges 0.2% on both sides (buyer and seller), or per trade. Thus, if you buy your XMR at first you pay 0.2% of fees. If you subsequently sell them you pay 0.2% again.

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
blto83
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February 18, 2016, 07:27:16 PM
 #29174

monero all time was a good coin to trade for me but as long as cryptsy dont work anymore im getting to stress out
Hilux74
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February 18, 2016, 08:16:31 PM
 #29175

I'm looking for an exchange where I can deposit some XMR and change them to BTC without or with very little fees.
If XMR is falling I wanna change to XMR again and so on.
And then I wanna cash out the coins to my wallets again without or with very little fees.

Anyone knows an exchange that is able to do this without huge amounts of fees?

And without long registrations?

https://poloniex.com/

Poloniex requires you to identify yourself (so I stopped using them when they started doing that). Try Shapeshift! Smiley

exchanges charge about a quarter percent while shape shift is about 1% although they don't mention their fee.

shape shift requires zero info.  I have been using bittrex which only required an email address but they are going the way of polo. everything is a tradeoff

There is also BTER.  No identification requirements.  Not much volume though. 
forevernoob
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February 18, 2016, 09:46:24 PM
 #29176

I'm looking for an exchange where I can deposit some XMR and change them to BTC without or with very little fees.
If XMR is falling I wanna change to XMR again and so on.
And then I wanna cash out the coins to my wallets again without or with very little fees.

Anyone knows an exchange that is able to do this without huge amounts of fees?

And without long registrations?


I recommend BITTREX. I switched to them after polo started requiring ID.

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February 18, 2016, 09:56:17 PM
Last edit: February 18, 2016, 11:26:51 PM by Hueristic
 #29177

I'm looking for an exchange where I can deposit some XMR and change them to BTC without or with very little fees.
If XMR is falling I wanna change to XMR again and so on.
And then I wanna cash out the coins to my wallets again without or with very little fees.

Anyone knows an exchange that is able to do this without huge amounts of fees?

And without long registrations?

https://poloniex.com/

Poloniex requires you to identify yourself (so I stopped using them when they started doing that). Try Shapeshift! Smiley

exchanges charge about a quarter percent while shape shift is about 1% although they don't mention their fee.

shape shift requires zero info.  I have been using bittrex which only required an email address but they are going the way of polo. everything is a tradeoff

There is also BTER.  No identification requirements.  Not much volume though.  

Or trust. Bter is Scamsite now.

https://bitcointalk.org/index.php?topic=956738.1220

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
dEBRUYNE
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February 18, 2016, 09:56:38 PM
 #29178

I'm looking for an exchange where I can deposit some XMR and change them to BTC without or with very little fees.
If XMR is falling I wanna change to XMR again and so on.
And then I wanna cash out the coins to my wallets again without or with very little fees.

Anyone knows an exchange that is able to do this without huge amounts of fees?

And without long registrations?


I recommend BITTREX. I switched to them after polo started requiring ID.


Bittrex will require ID soon as well if I recall correctly.

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
languagehasmeaning
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February 18, 2016, 10:00:44 PM
 #29179

I'm looking for an exchange where I can deposit some XMR and change them to BTC without or with very little fees.
If XMR is falling I wanna change to XMR again and so on.
And then I wanna cash out the coins to my wallets again without or with very little fees.

Anyone knows an exchange that is able to do this without huge amounts of fees?

And without long registrations?


I recommend BITTREX. I switched to them after polo started requiring ID.


Bittrex will require ID soon as well if I recall correctly.

We need decentralized exchanges (with liquidity).
bitebits
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February 18, 2016, 10:29:15 PM
 #29180

I'm looking for an exchange where I can deposit some XMR and change them to BTC without or with very little fees.
If XMR is falling I wanna change to XMR again and so on.
And then I wanna cash out the coins to my wallets again without or with very little fees.

Anyone knows an exchange that is able to do this without huge amounts of fees?

And without long registrations?

https://poloniex.com/

Poloniex requires you to identify yourself (so I stopped using them when they started doing that). Try Shapeshift! Smiley

Even though I can highly recommend ShapeShift, it is not for the lowest fee as 1337leet requested (and to a limit of 7000$ daily you don't have to send in any Passport/ID to Poloniex, which should be enough for most).

- You can figure out what will happen, not when /Warren Buffett
- Pay any Bitcoin address privately with a little help of Monero.
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