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

[Zer0Sum]

In its current stage it isnt even desired for MRO to be at exchanges.

We are weeks away from a proper wallet, other tech issues, etc...

Personally, I'd rather the price drift down and accumulate on Polo...
As opposed to having an overpriced coin trading on MintPal.

[1714151084]

1714151084

[surfer43]

All IPs attepmting to mine with the HTTP protocol have and will be automatically blocked from MoneroPool.org. They were flooding the server and causing the connection between the pool software and daemon to break. In a few days the IPs will be unblocked to see if they are using stratum yet. Be sure to use only cpuminer with stratum+tcp://. Please contact support@moneropool.org (or PM me) if you wish to have any specific IPs unblocked.

This should fix the periodic outages we were having. 

[Zer0Sum]

In its current stage it isnt even desired for MRO to be at exchanges.

What is the point of money if you can't spend it/exchange it? Nobody will want to use your currency if it has been horded by miners since day one. That will mean terrible distribution and miner top heavy control of the currency and nobody can trust it. Exchanges are the single best promotional tool that coins have. If they are not worth money, how can they be expected to be money?

None of these coins are "currency". The IRS has ruled they are virtual "commodities"... which is exactly what they are.
If CryptoNote anonymity does not become a standard, turns out to have issues... this all goes to zero eventually. Look
at the other 3 CryptoNote coins... death spiral to zero.

MRO ran up to 398 an hour ago. This is amazing.

LTC $11.00. MRO $2.70

[smooth]

In its current stage it isnt even desired for MRO to be at exchanges.

What is the point of money if you can't spend it/exchange it? Nobody will want to use your currency if it has been horded by miners since day one. That will mean terrible distribution and miner top heavy control of the currency and nobody can trust it. Exchanges are the single best promotional tool that coins have. If they are not worth money, how can they be expected to be money?

None of these coins are "currency". The IRS has ruled they are virtual "commodities"... which is exactly what they are.
If CryptoNote anonymity does not become a standard, turns out to have issues... this all goes to zero eventually. Look
at the other 3 CryptoNote coins... death spiral to zero.

MRO ran up to 398 an hour ago. This is amazing.

LTC $11.00. MRO $2.70

LTC adds no value at all.

[smooth]

Why Cryptsy and Mintpal didn't add MRO to coin voting?

Because they don't want to do the work to integrate a coin that isn't bitcoin clone.

They will come around, Its a matter of stability at this point. They dont want to jeopardize it if something bad were to happen.

Yes I agree, but exchanges are always going to make different tradeoffs, take different risks. That's why MRO is on polo now (and is usually their highest volume coin). In fact I would guess that Polo has gained quite a few new user accounts from people who specifically want to trade MRO

[Lloydimiller4]

I sent some Monero to my wallet yesterday before hearing about needing to update my wallet, the Monero still haven't arrived. Should I be worried? will updating my wallet fix this and have them show up?

According to IRC you'll have to wait for it to kick out of the mempool or be mined by miners on the old code, there's literally nothing you can do but wait.

I have the similar problem, sent few monero with new wallet to https://cryptonote.exchange.to/ , still haven't arrived, after over one hour, but yesterday with same wallet version everything went smooth. Maybe it is due to exchange? Luckily it is just a few monero, but hope it will show up  

This exchange doesnt have automatic withdraws. He does it manually so i guess you will be fine after a few hours ...

they showed up 

If anyone still hasn't received the Monero they tried to withdraw from Poloniex during the necessary wallet update, just go to support and explain your situation. Support was able to cancel my withdraw and allow me to re-withdraw my Monero. It was very quick to resolve once I messaged them.

On another note, I hope everyone is happy with the rising value 

[Zer0Sum]

In its current stage it isnt even desired for MRO to be at exchanges.

What is the point of money if you can't spend it/exchange it? Nobody will want to use your currency if it has been horded by miners since day one. That will mean terrible distribution and miner top heavy control of the currency and nobody can trust it. Exchanges are the single best promotional tool that coins have. If they are not worth money, how can they be expected to be money?

None of these coins are "currency". The IRS has ruled they are virtual "commodities"... which is exactly what they are.
If CryptoNote anonymity does not become a standard, turns out to have issues... this all goes to zero eventually. Look
at the other 3 CryptoNote coins... death spiral to zero.

MRO ran up to 398 an hour ago. This is amazing.

LTC $11.00. MRO $2.70

LTC adds no value at all.

Yeah, that's what people always say...
But for some reason LTC has dramatically outperformed BTC durung the 18 month big run...
LTC (0.065 to $11.00, +17,000%)... BTC ($16.00 to $650, +4,000%).... Why?

Probably LTC adds much needed LIQUIDITY to an ecosystem...
That revolves almost entirely around mining equipment, hoarding wealth, trading, speculation...

[equipoise]

In its current stage it isnt even desired for MRO to be at exchanges.

What is the point of money if you can't spend it/exchange it? Nobody will want to use your currency if it has been horded by miners since day one. That will mean terrible distribution and miner top heavy control of the currency and nobody can trust it. Exchanges are the single best promotional tool that coins have. If they are not worth money, how can they be expected to be money?

None of these coins are "currency". The IRS has ruled they are virtual "commodities"... which is exactly what they are.
If CryptoNote anonymity does not become a standard, turns out to have issues... this all goes to zero eventually. Look
at the other 3 CryptoNote coins... death spiral to zero.

MRO ran up to 398 an hour ago. This is amazing.

LTC $11.00. MRO $2.70

LTC adds no value at all.

Yeah, that's what people always say...
But for some reason LTC has dramatically outperformed BTC durung the 18 month big run...
LTC (0.065 to $11.00, +17,000%)... BTC ($16.00 to $650, +4,000%).... Why?

Probably LTC adds much needed LIQUIDITY to an ecosystem...
That revolves almost entirely around mining equipment, hoarding wealth, trading, speculation...

Or it was "lol, LTC is going to Huobi" thing.

[smooth]

In its current stage it isnt even desired for MRO to be at exchanges.

What is the point of money if you can't spend it/exchange it? Nobody will want to use your currency if it has been horded by miners since day one. That will mean terrible distribution and miner top heavy control of the currency and nobody can trust it. Exchanges are the single best promotional tool that coins have. If they are not worth money, how can they be expected to be money?

None of these coins are "currency". The IRS has ruled they are virtual "commodities"... which is exactly what they are.
If CryptoNote anonymity does not become a standard, turns out to have issues... this all goes to zero eventually. Look
at the other 3 CryptoNote coins... death spiral to zero.

MRO ran up to 398 an hour ago. This is amazing.

LTC $11.00. MRO $2.70

LTC adds no value at all.

Yeah, that's what people always say...
But for some reason LTC has dramatically outperformed BTC durung the 18 month big run...
LTC (0.065 to $11.00, +17,000%)... BTC ($16.00 to $650, +4,000%).... Why?

Probably LTC adds much needed LIQUIDITY to an ecosystem...
That revolves almost entirely around mining equipment, hoarding wealth, trading, speculation...

That word liquidity, does not mean what you think it means.

[Patejl]

Download link for Linux binaries doesn't work. 

[othe]

In its current stage it isnt even desired for MRO to be at exchanges.

What is the point of money if you can't spend it/exchange it? Nobody will want to use your currency if it has been horded by miners since day one. That will mean terrible distribution and miner top heavy control of the currency and nobody can trust it. Exchanges are the single best promotional tool that coins have. If they are not worth money, how can they be expected to be money?

None of these coins are "currency". The IRS has ruled they are virtual "commodities"... which is exactly what they are.
If CryptoNote anonymity does not become a standard, turns out to have issues... this all goes to zero eventually. Look
at the other 3 CryptoNote coins... death spiral to zero.

MRO ran up to 398 an hour ago. This is amazing.

LTC $11.00. MRO $2.70

LTC adds no value at all.

Yeah, that's what people always say...
But for some reason LTC has dramatically outperformed BTC durung the 18 month big run...
LTC (0.065 to $11.00, +17,000%)... BTC ($16.00 to $650, +4,000%).... Why?

Probably LTC adds much needed LIQUIDITY to an ecosystem...
That revolves almost entirely around mining equipment, hoarding wealth, trading, speculation...

I agree, LTC is important for the market.

However the percentage numbers are a bit misleading because its far easier for "cheaper" coin to double and triple in price then for something that is already worth a lot more - thats also the reason i see an enormous growth potential in MRO as its still pretty "cheap".

[smooth]

In its current stage it isnt even desired for MRO to be at exchanges.

What is the point of money if you can't spend it/exchange it? Nobody will want to use your currency if it has been horded by miners since day one. That will mean terrible distribution and miner top heavy control of the currency and nobody can trust it. Exchanges are the single best promotional tool that coins have. If they are not worth money, how can they be expected to be money?

None of these coins are "currency". The IRS has ruled they are virtual "commodities"... which is exactly what they are.
If CryptoNote anonymity does not become a standard, turns out to have issues... this all goes to zero eventually. Look
at the other 3 CryptoNote coins... death spiral to zero.

MRO ran up to 398 an hour ago. This is amazing.

LTC $11.00. MRO $2.70

LTC adds no value at all.

Yeah, that's what people always say...
But for some reason LTC has dramatically outperformed BTC durung the 18 month big run...
LTC (0.065 to $11.00, +17,000%)... BTC ($16.00 to $650, +4,000%).... Why?

Probably LTC adds much needed LIQUIDITY to an ecosystem...
That revolves almost entirely around mining equipment, hoarding wealth, trading, speculation...

I agree, LTC is important for the market.

However the percentage numbers are a bit misleading because its far easier for "cheaper" coin to double and triple in price then for something that is already worth a lot more - thats also the reason i see an enormous growth potential in MRO as its still pretty "cheap".

The bigger point is that MRO can do everything LTC does, and more.

The best reason I've seen for LTC to have any value is that people want alternatives, someplace else to go if BTC runs aground. MRO does that better  because LTC shares too much in common with BTC, a big monoculture problem that MRO does not share.

This ignores the added appeal of enhanced privacy. Even without those MRO has the potential to easily surpass LTC.

[drawingthesun]

Remember guys the future battle isn't between some scam coin (XC, Dark) or even a real coin like Litecoin, but the battle will be between the great four (as I have came to call them).

Bitcoin.
Ethereum.
Nxt.
Monero.

I'm still on the lookout for anything else to add to this list.

[smooth]

Remember guys the future battle isn't between some scam coin (XC, Dark) or even a real coin like Litecoin, but the battle will be between the great four (as I have came to call them).

Bitcoin.
Ethereum.
Nxt.
Monero.

I'm still on the lookout for anything else to add to this list.

I agree with you for the most part except that I'd consider LTC to be one of the biggest scam coins of them all. Just because it got big does not mean it wasn't a scam.

But since it isn't on your list (or mine), I guess it doesn't much matter any more.

[Patejl]

How to run new version of Monero in Ubuntu 13.10? I don't get it.
I got some error about boost 1.55. WTF? My old version compiled from source worked great, btw.

libboost_system.so.1.55.0 : cannot open shared object file

nevermind, im compiling from source again. Those binaries sucks.

[monero]

Breaking news: you can get free pizza delivered!

All you have to do is be one of the first 5 to post in this thread - be sure to read the rules first:)

- updated by fluffypony

[TTM]

Is there any ETA for when will block time be increased to 2 or 3 minutes ?

[Zer0Sum]

Remember guys the future battle isn't between some scam coin (XC, Dark) or even a real coin like Litecoin, but the battle will be between the great four (as I have came to call them).

Bitcoin.
Ethereum.
Nxt.
Monero.

I'm still on the lookout for anything else to add to this list.

Oh, I forgot that the internet only has 4 players. It must be the "network effect".

This is no longer a serious discussion...
When Google, Amazon, Apple, the banks start to play Crypto Currency for real...
Nothing coming out of BitcoinTalk will matter.

[Patel]

Remember guys the future battle isn't between some scam coin (XC, Dark) or even a real coin like Litecoin, but the battle will be between the great four (as I have came to call them).

Bitcoin.
Ethereum.
Nxt.
Monero.

I'm still on the lookout for anything else to add to this list.

throw NEM onto the list. it will be a player

[sorryforthat]

So would there be a way to create a checkpoint within the daemon that splits the blockchain into multiple files at a certain heights. The splits would be catelogued and organized and sit in limbo waiting to be called for if needed. Lowering the need for high memory due to increased blockchain size over time.