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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4667219 times)
bitebits
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August 22, 2016, 09:38:22 PM
 #31501

Does anyone want to take over the Hungary node?

https://monerohash.com/nodes-distribution.html

I would like to take ownership back in case nobody else wants his very own Monero node for the equivalent of just 4$ per month (payable in Bitcoin, or Monero through XMR.to).

Could be great if we could buy Raspberry Pi with Monero node, to let run somewhere in your house...

For decentralization purposes it would indeed be better to have it running from my own ISP. On the other hand, the mentioned node is currently the only one running in Hungary (and from the used VPS provider).

Already bought the Raspberry Pi though, just haven't made the time to actually set it up. I justify this lazy behavior by already running a full Monero node on the other high performance VPS I manage, next to the bandwidth hungry Bitcoin node.

- 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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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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August 22, 2016, 09:42:28 PM
 #31502

THIS IS RECORD BREAKING MOVEMENT - ETH ALL OVER AGAIN CONFIRMED - GET IN NOW IF YOU MISSED ETH RISE.
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August 22, 2016, 09:47:51 PM
 #31503

sorry but i agree with @regexlove... way too risky buy xmr now.
but still great news and i'll buy in the first opportunity.
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August 22, 2016, 09:55:39 PM
 #31504

Can anyone tell me if mining xmr is economically viable?

No, you have to figure that out for yourself depending on your resources and costs. Everyone's situation is different. Though historically when there has been a BIG price increase like this mining has often been profitable for many.
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August 22, 2016, 10:05:30 PM
 #31505

Never thought Monero would pump near $5 again like in 2014.  Undecided
Too risky for me right now.



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Blazin8888
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August 22, 2016, 10:13:41 PM
 #31506

The power of cryptography should not be taken lightly by anyone. This rise is unprecedented....my gut tells me cryptonote is something great. I have just finished the WP.

Interesting articles for XMR peeps:

1. http://www.wired.com/1994/12/emoney/

2. http://groups.csail.mit.edu/mac/classes/6.805/articles/money/nsamint/nsamint.htm

3. http://www.nytimes.com/1994/12/31/us/computer-jokes-and-threats-ignite-debate-on-anonymity.html?pagewanted=all

4. http://osaka.law.miami.edu/~froomkin/articles/cfp97.htm

5. http://www.cs.utah.edu/~kmay/look/digital/Laundry.htm

6. http://www.forbes.com/forbes/1997/0908/6005172a.html  -"There is another dimension to the spread of crypto. The same mathematical tricks used to encode a message can be run in reverse, to generate a so-called digital signature. This is a computer stamp of authenticity. It can be used to prove that an electronic document originated with a particular sender, such as a bank depositor or a bank officer. Assemble a few digital signatures in a clever fashion and you have created a mechanism for digital cash;a system of electronic payments akin to Visa or MasterCard but with the added feature that it can be made anonymous." - FORBES 1997
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August 22, 2016, 10:41:50 PM
 #31507

I've always been a fan of $XMR and have been letting people know how good it is
https://twitter.com/jessecouch/status/699007823372427264

Zywiec
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August 22, 2016, 10:43:15 PM
 #31508

The power of cryptography should not be taken lightly by anyone. This rise is unprecedented....my gut tells me cryptonote is something great. I have just finished the WP.

Interesting articles for XMR peeps:

1. http://www.wired.com/1994/12/emoney/

2. http://groups.csail.mit.edu/mac/classes/6.805/articles/money/nsamint/nsamint.htm

3. http://www.nytimes.com/1994/12/31/us/computer-jokes-and-threats-ignite-debate-on-anonymity.html?pagewanted=all

4. http://osaka.law.miami.edu/~froomkin/articles/cfp97.htm

5. http://www.cs.utah.edu/~kmay/look/digital/Laundry.htm

6. http://www.forbes.com/forbes/1997/0908/6005172a.html  -"There is another dimension to the spread of crypto. The same mathematical tricks used to encode a message can be run in reverse, to generate a so-called digital signature. This is a computer stamp of authenticity. It can be used to prove that an electronic document originated with a particular sender, such as a bank depositor or a bank officer. Assemble a few digital signatures in a clever fashion and you have created a mechanism for digital cash;a system of electronic payments akin to Visa or MasterCard but with the added feature that it can be made anonymous." - FORBES 1997

These papers absolutely must be read.

Bunch of taking advantages informations about how +71,65% was made by one quick shot.

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August 22, 2016, 10:50:29 PM
 #31509

what? XMR almost $5? it's just $2 a couple of days ago. what's goin' on in here?
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August 22, 2016, 10:52:38 PM
 #31510

Can anyone tell me if mining xmr is economically viable?

No, you have to figure that out for yourself depending on your resources and costs. Everyone's situation is different. Though historically when there has been a BIG price increase like this mining has often been profitable for many.

I understand thanks, maybe you have some useful links where I can start to research?

I didn't really read into xmr so far.

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August 22, 2016, 11:30:24 PM
 #31511

Guide to using Monero with Tor (correctly)

https://www.reddit.com/r/Monero/comments/4z3ced/guide_to_using_monero_with_tor_correctly/

Courtesy of smooth.

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
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August 22, 2016, 11:48:35 PM
 #31512

While everybody is going crazy the work continues.  Today 6 pull request from 3 different contributors were merged.
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August 22, 2016, 11:52:27 PM
 #31513

No other coin offers the privacy, untraceability, fungibility, and security in a decentralized system (no trusted setup required).

If the Mossad ever gets around to releasing zcash.

Can you support this claim in any way? I would even be interested in anecdotal observations that point this way.

At least Ben-Sasson and Gabizon were IDF.  I have no dox that they were SIGINT, but would be surprised if they were not, given their academic proclivities.

If anyone has more facts on the ground in this, I am very interested.  I am just going with what I have, and drawing central tendency inferences, which have wide credible intervals.


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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August 22, 2016, 11:54:00 PM
 #31514

what? XMR almost $5? it's just $2 a couple of days ago. what's goin' on in here?

I'd like to ask the same thing.. Monero has increased by 85% today.. This looks very suspicious. I'd be surprised if it keeps its current value

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August 22, 2016, 11:56:00 PM
 #31515

what? XMR almost $5? it's just $2 a couple of days ago. what's goin' on in here?

I'd like to ask the same thing.. Monero has increased by 85% today.. This looks very suspicious. I'd be surprised if it keeps its current value

Price talk is best relegated to the speculation thread - please, good sirs.

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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August 22, 2016, 11:59:46 PM
 #31516

thanks easy 100% for one day.....
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August 23, 2016, 12:03:23 AM
 #31517

what? XMR almost $5? it's just $2 a couple of days ago. what's goin' on in here?

I'd like to ask the same thing.. Monero has increased by 85% today.. This looks very suspicious. I'd be surprised if it keeps its current value

Price talk is best relegated to the speculation thread - please, good sirs.

Sorry, my bad. I've just gotten a little bit shocked coz i got off from XMR 2 days ago.
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August 23, 2016, 01:49:26 AM
 #31518

What happened to this coin, the price is crazy.

Sirx: SQyHJdSRPk5WyvQ5rJpwDUHrLVSvK2ffFa
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August 23, 2016, 02:10:53 AM
 #31519

what? XMR almost $5? it's just $2 a couple of days ago. what's goin' on in here?

I'd like to ask the same thing.. Monero has increased by 85% today.. This looks very suspicious. I'd be surprised if it keeps its current value

Price talk is best relegated to the speculation thread - please, good sirs.

Sorry, my bad. I've just gotten a little bit shocked coz i got off from XMR 2 days ago.

That's nothing you can't fix.  This isn't the last big move by any means.  But now I am speculating😜

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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August 23, 2016, 02:56:57 AM
 #31520

Well the recent price jump is somewhat suspicious, but i am still happy, even if i just own a few xmr... What really makes me think, i tryed to transfer some xmr from mymonero to poloniex and the site just states "Failed to decode address (#0): Invalid symbol" so either the poloniex adress is broken or the send money is currently disabled Sad

maybe i should choose a local wallet...

That sounds like the address is malformed somehow, did you copy it directly from Poloniex? Don't forget to include your payment id.

address looks like this:
Code:
47sghzufGhJJDQEbScMCwVBimTuq6L5JiRixD8VeGbpjCTA12noXmi4ZyBZLc99e66NtnKff34fHsGRoyZk3ES1s1V4QVcB

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