[XMR] Monero - A secure, private, untraceable cryptocurrency

[rapidtech]

People are getting too emotional about scam/hype coins "overtaking" Monero. Marketcap is easily game-able and will eventually become meaningless. Those hype coins will be forgotten in a few weeks or months. Monero, on the other hand, will stand the test of time. Building for the long term always entails short term sacrifices.

We have seen this before. Scam/Hyped/Shit coins can overtake established coins like Monero in terms of market capitalization, but I assure you it will just be temporary. As soon as these coins are scrutinized, they will all fall by the way side and those left standing will be the likes of Monero which stood the test of time. We are in a bull market, but like all things, the bull will become a bear. And when the bear market comes, I hope many of us here will be holding  our profits instead of giving them back.

[1713481470]

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[1713481470]

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[pedagang2]

All time high Monero, over 600$ at Bithumb !  Up Up Up to the moon 

Yeah bithumb high volume trading xmr is possible following ETH

[nthnode404]

People are getting too emotional about scam/hype coins "overtaking" Monero. Marketcap is easily game-able and will eventually become meaningless. Those hype coins will be forgotten in a few weeks or months. Monero, on the other hand, will stand the test of time. Building for the long term always entails short term sacrifices.

What makes Monero better than other privacy coins? It sure is expensive at around $400. Sure, the people who got in early are happy no doubt about it, but not too many people can afford it right now. Wouldn't it be a good idea to use multiple privacy coins in order to diversify?

[explorer]

People are getting too emotional about scam/hype coins "overtaking" Monero. Marketcap is easily game-able and will eventually become meaningless. Those hype coins will be forgotten in a few weeks or months. Monero, on the other hand, will stand the test of time. Building for the long term always entails short term sacrifices.

What makes Monero better than other privacy coins? It sure is expensive at around $400. Sure, the people who got in early are happy no doubt about it, but not too many people can afford it right now. Wouldn't it be a good idea to use multiple privacy coins in order to diversify?

Privacy is what makes Monero better than the 'so called' privacy coins.  There isn't one that decentralized, secure and private.

Why can't people afford it?  Admittedly, with fees breaking over $1 it is not practical to buy less than $10 worth or so right now, but that will be fixed very soon.  To which people do you refer?

Diversity -  the act of accepting what is not best.  Everyone is of course free to use whatever they want, but if you want the best, well, diversifying among the losers in the space ain't it.  

[nick1492]

Monero is the one that concentrated on the privacy coin. Having the Ring Signature principle. It truly is Technological innovation of the crypto currencies. Right now, if you think this newbie coins have overtaken Monero, take a look in the long run. Once the lean season comes, you'll see how stable monero coin value is. It will get back to its original position as one of the best coin in the crypto world.

[dEBRUYNE]

Do not download blockchains from mining computers, just connect them to the host. Is this possible? It's a hassle to use your wallet on Windows.

I think you're looking for this:

https://getmonero.org/resources/user-guides/remote_node_gui.html

[profitgenerator212]

When will a new Monero wallet be released, it seems like the HH release is pretty old.

No new bugfixes and patches since then?

I would like to see more security bugfixes, there is no way that Monero is perfect security wise. Are we going to see updates soon?

[jwinterm]

When will a new Monero wallet be released, it seems like the HH release is pretty old.

No new bugfixes and patches since then?

I would like to see more security bugfixes, there is no way that Monero is perfect security wise. Are we going to see updates soon?

You can build from master whenever you want. Any critical security issues would get a point release. Next major release in a couple of months I think.

[jeoarx]

How much do you think Monero Market Cap is gonna be in Jan/2019 ??

When "Multisig-HardwareWallets-Kovri" all done

[Hueristic]

When will a new Monero wallet be released, it seems like the HH release is pretty old.

No new bugfixes and patches since then?

I would like to see more security bugfixes, there is no way that Monero is perfect security wise. Are we going to see updates soon?

Well if there is no way there is not security flaws then find them and point them out and claim the bounty.

How much do you think Monero Market Cap is gonna be in Jan/2019 ??

When "Multisig-HardwareWallets-Kovri" all done

this is the proper thread for this question.

https://bitcointalk.org/index.php?topic=753252.0;topicseen

[Anon136]

How much do you think Monero Market Cap is gonna be in Jan/2019 ??

When "Multisig-HardwareWallets-Kovri" all done

Don't forget bullet proofs. Possibly an even bigger deal than any of the things you mentioned there.

[crypt0baws]

Do we have a date yet for when transaction fees are supposed to be reduced?

[esprit577]

Does XMR have block explorer?I'd like to check my wallet balance.But I don't want to update my wallet.

[rapidtech]

People are getting too emotional about scam/hype coins "overtaking" Monero. Marketcap is easily game-able and will eventually become meaningless. Those hype coins will be forgotten in a few weeks or months. Monero, on the other hand, will stand the test of time. Building for the long term always entails short term sacrifices.

What makes Monero better than other privacy coins? It sure is expensive at around $400. Sure, the people who got in early are happy no doubt about it, but not too many people can afford it right now. Wouldn't it be a good idea to use multiple privacy coins in order to diversify?

Monero is expensive because many wants it and  the supply is also limited. Monero has been tested and proven already throughout the years. It had its ups and downs. Every misstep it made, the devs made Monero even stronger. The new privacy coins are untested. Their faults are yet to be discovered. They reason they always compare to Monero is because Monero is one of the flagship coins they have to measure themselves to.

[Anon136]

Wouldn't it be a good idea to use multiple privacy coins in order to diversify?

Maybe if there were other privacy coins. Monero doesn't have any competition. Yes I am aware of dark coin and verge and zcash ect... and I repeat, Monero doesn't have any competition.

[profitgenerator212]

When will a new Monero wallet be released, it seems like the HH release is pretty old.

No new bugfixes and patches since then?

I would like to see more security bugfixes, there is no way that Monero is perfect security wise. Are we going to see updates soon?

You can build from master whenever you want. Any critical security issues would get a point release. Next major release in a couple of months I think.

Master doesn't always compile does it. I avoid running in-development branches, since they always have some slight bugs in them. I wait for a normal release.

Well if there is no way there is not security flaws then find them and point them out and claim the bounty.

I don't know I am not a professional programmer. But I bet there are plenty of security flaws.

I would guess some of the encryption stuff should be more verified and looked into. Monero already had an encryption based vulnerability in the past, it could weaken anonymity, so that is a massive risk point. I would look into that if I would be a developer.

[Globb0]

I would guess

I think that's where you are going wrong.

[Anon136]

Monero already had an encryption based vulnerability in the past.

Source?

[profitgenerator212]

Monero already had an encryption based vulnerability in the past.

Source?

https://steemit.com/vulnerability/@bitcoinparadise/mwr-labs-xmr-monero-advisory-statement-from-the-monero-core-team

https://www.bitcoinisle.com/2017/10/23/moneros-ip-address-leak-isnt-an-exploit-and-doesnt-affect-anonymity/

https://ipfs.io/ipfs/QmWYTeggKeL8xBitA8uQWAaNDWfFrUHXAxBXkvmnisdDw7  (PDF)


And this is just the smaller bugs, who knows what kind of backdoors or vulnerabilities the encryption scheme might have. It's very new technology so it hasn't been researched a lot by many scientists.

I'd not be surprized if Monero would be totally broken in the next 5 years by a cyptographic research group.

[Hueristic]

Monero already had an encryption based vulnerability in the past.

Source?

https://steemit.com/vulnerability/@bitcoinparadise/mwr-labs-xmr-monero-advisory-statement-from-the-monero-core-team

https://www.bitcoinisle.com/2017/10/23/moneros-ip-address-leak-isnt-an-exploit-and-doesnt-affect-anonymity/

https://ipfs.io/ipfs/QmWYTeggKeL8xBitA8uQWAaNDWfFrUHXAxBXkvmnisdDw7  (PDF)


And this is just the smaller bugs, who knows what kind of backdoors or vulnerabilities the encryption scheme might have. It's very new technology so it hasn't been researched a lot by many scientists.

I'd not be surprized if Monero would be totally broken in the next 5 years by a cyptographic research group.

0MG!!! this is horrible! Sell!!!