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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4670935 times)
pandacoin
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June 10, 2014, 10:44:19 AM
 #5461

Monero is coming from deep and it will change all altcoin system. Price is rising, miners should hodl or they will regret it.
smooth
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June 10, 2014, 10:47:00 AM
 #5462

Last night I downloaded the Windows wallet and left it for 6 hours downloading the block chain.

It started at "56 Days behind" and ended up completing.

Then this morning, when I launch the daemon, it starts downloading all over again !! - 56 days behind.

Any ideas why this is happening ?


It is supposed to checkpoint to disk, but apparently it didn't. Double check that you don't have a disk problem (out of disk space, etc.) and once it syncs up the next time, type "save" in the daemon window.
devphp
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June 10, 2014, 11:36:37 AM
 #5463

To Monero devs and enthusiasts.

Do you think there is a reputable and trustworthy individual among you who would be interested to set up an exchange buro of Moneros on the NXT Asset Exchange? I noticed, not many centralized exchanges are willing to create XMR/BTC trading pairs, due to Monero differences in software from Bitcoin forks.

NXT AE allows someone to operate as an exchange buro and profit from setting the price of an asset and charge redemption commissions.

Since I really like NXT, this catches my attention. I will consider it.

Good. Qora users have set up their gateway yesterday, and there is already some demand from NXTers on the first day. Because Monero wallet is still not trivial to set up for non-technical users, I believe many would keep it as an asset on the NXT AE for convenience. Or redeem. Either way the gateway owner would profit from commissions and market making as the first seller, "droit du seigneur", as they used to say Smiley
voisina
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June 10, 2014, 11:52:59 AM
 #5464

How long will it be before all coins are mined?
drawingthesun
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June 10, 2014, 11:57:24 AM
 #5465

How long will it be before all coins are mined?


I think it's 20 years or something, but this is only the initial supply. Afterwards a release of either a fixed amount or fixed percent will take over and exist for all time.

Some discussion taking place here:

https://bitcointalk.org/index.php?topic=597878.140
toknormal
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June 10, 2014, 12:13:01 PM
 #5466

It is supposed to checkpoint to disk, but apparently it didn't. Double check that you don't have a disk problem (out of disk space, etc.) and once it syncs up the next time, type "save" in the daemon window.

Thanks for the tips. This coin really is for geeks (funny thing is - I AM one !). Now I can see why nobody's buying it - it's not even out of alpha yet.

ok, I've downloaded the blockchain but can't find any info as to where I should locate it. If I put it in the same folder as the daemon, then the log entry says 'Unable to load blockchain, creaating genesis block'. On the other hand, if I look in users/AppData/Roaming etc, there's no sign of a Monero folder created by the daemon.

If I downloaded the Windows binaries, do I still need to install any 3rd party support infrastructure (there was on cited on the Wallet download page but I forgot the name right now).

Thanks again for the tips !

EDIT: FOund where the blockchain goes - it's in a folder called 'bitmonero' in roaming, not monero.
rangedriver
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June 10, 2014, 12:32:54 PM
 #5467

It is supposed to checkpoint to disk, but apparently it didn't. Double check that you don't have a disk problem (out of disk space, etc.) and once it syncs up the next time, type "save" in the daemon window.

Thanks for the tips. This coin really is for geeks (funny thing is - I AM one !). Now I can see why nobody's buying it - it's not even out of alpha yet.

ok, I've downloaded the blockchain but can't find any info as to where I should locate it. If I put it in the same folder as the daemon, then the log entry says 'Unable to load blockchain, creaating genesis block'. On the other hand, if I look in users/AppData/Roaming etc, there's no sign of a Monero folder created by the daemon.

If I downloaded the Windows binaries, do I still need to install any 3rd party support infrastructure (there was on cited on the Wallet download page but I forgot the name right now).

Thanks again for the tips !

EDIT: FOund where the blockchain goes - it's in a folder called 'bitmonero' in roaming, not monero.


Bitcoin itself was once a geeky skeletal framework. In fact in either case, it's not the coin itself that is geeky but rather the underlying technology. The task at hand is to bring the technology to the masses which is an evolutionary process.
choose-username
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June 10, 2014, 12:34:05 PM
 #5468

I can throw 0.1 btc if it is needed for XMR to get to mintpal. Do the votes stay all the time, or do they reset?
drawingthesun
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June 10, 2014, 12:39:01 PM
 #5469

I can throw 0.1 btc if it is needed for XMR to get to mintpal. Do the votes stay all the time, or do they reset?

I'm against the entire buying votes idea, it ends up coming down to a risk/reward situation where you have to decide if spending 0.1 bitcoin is worth getting Monero on an exchange so that the increased value to your holdings grows beyond the spent 0.1 bitcoin. And to me that sounds like a pump and dump coin, which isn't at all what Monero is about.

Of course you might not even be interested in such things (P&D) but to an outside observer it just reeks of P&D.

I'm not really a fan of Mintpal.
David Latapie
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June 10, 2014, 12:42:14 PM
 #5470

I think it's 20 years or something
Eight.

Monero: the first crytocurrency to bring bank secrecy and net neutrality to the blockchain.HyperStake: pushing the limits of staking.
Reputation threadFree bitcoins: reviews, hints…: freebitco.in, freedoge.co.in, qoinpro
drawingthesun
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June 10, 2014, 12:43:52 PM
 #5471

I think it's 20 years or something
Eight.

I see, do you think a final reward of 1 XMR might be just? I posted the suggestion in the Monero economy thread.
georgeandy
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June 10, 2014, 12:44:50 PM
 #5472

Last night I downloaded the Windows wallet and left it for 6 hours downloading the block chain.

It started at "56 Days behind" and ended up completing.

Then this morning, when I launch the daemon, it starts downloading all over again !! - 56 days behind.

Any ideas why this is happening ?

type 'save' after download the block chain or before you exit deamon
dreamspark
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June 10, 2014, 12:49:16 PM
 #5473

I can throw 0.1 btc if it is needed for XMR to get to mintpal. Do the votes stay all the time, or do they reset?

I believe they stay for the whole time judging by some of the coins that are near the top!
dreamspark
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June 10, 2014, 12:54:49 PM
 #5474

I can throw 0.1 btc if it is needed for XMR to get to mintpal. Do the votes stay all the time, or do they reset?

I'm against the entire buying votes idea, it ends up coming down to a risk/reward situation where you have to decide if spending 0.1 bitcoin is worth getting Monero on an exchange so that the increased value to your holdings grows beyond the spent 0.1 bitcoin. And to me that sounds like a pump and dump coin, which isn't at all what Monero is about.

Of course you might not even be interested in such things (P&D) but to an outside observer it just reeks of P&D.

I'm not really a fan of Mintpal.

Meh, disagree or at least don't think its an issue. I think your looking at it from a purely profit point of view where the sole reason for wanting to be on Mintpal is because you believe it will make the value of the coin increase.

Thats not the only reason for wanting to be on Mintpal.  I would pay .1 to be able to trade Monero on any exchange thats not Polo which is a POS to be honest. I don't trust their solvency, continually stuck deposits and withdrawals and the general bad UI. Plus don't even get me started on having to look at the retarded troll box everytime I want to look at the order book.

Thats purely a personal opinion but its more than enough reason to throw $60 at it. I agree with the premise of your point but I think there are more reasons for people wanting to be on Mintpal than purely to dump your coins.
choose-username
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June 10, 2014, 12:55:59 PM
 #5475

I can throw 0.1 btc if it is needed for XMR to get to mintpal. Do the votes stay all the time, or do they reset?

I'm against the entire buying votes idea, it ends up coming down to a risk/reward situation where you have to decide if spending 0.1 bitcoin is worth getting Monero on an exchange so that the increased value to your holdings grows beyond the spent 0.1 bitcoin. And to me that sounds like a pump and dump coin, which isn't at all what Monero is about.

Of course you might not even be interested in such things (P&D) but to an outside observer it just reeks of P&D.

I'm not really a fan of Mintpal.

I know I'm not very smart in these things but I just see it as little more exposure for the coin. Smiley I like Mintpal, I definately prefer it over poloniex for example. I think the price would go up naturally if more people get interested in the coin, and it's good to have it on popular trading websites already when they do.
nakaone
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June 10, 2014, 01:01:51 PM
 #5476

the most important thing on mintpal is that the user base gets much wider when we get it there - I think we will not see the sickest increase in price due to some very smart guys here who also have a long term interest in the currency.

but additional liquidity and a wider userbase is definetely helpful.

poloniex was fine for the beginning but this currency is worth spreading.
drawingthesun
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June 10, 2014, 01:08:45 PM
 #5477

the most important thing on mintpal is that the user base gets much wider when we get it there - I think we will not see the sickest increase in price due to some very smart guys here who also have a long term interest in the currency.

but additional liquidity and a wider userbase is definetely helpful.

poloniex was fine for the beginning but this currency is worth spreading.

I agree, I just don't like Mintpal paid voting. :p

I know I'm not very smart in these things but I just see it as little more exposure for the coin. Smiley I like Mintpal, I definately prefer it over poloniex for example. I think the price would go up naturally if more people get interested in the coin, and it's good to have it on popular trading websites already when they do.

No worries, I just really dislike the paid voting thing, It feels like we have to beg the Mintpal Gods for listing Monero, when Monero is most certainly more substantial than almost every other coin they have on that exchange.

dreamspark
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June 10, 2014, 01:20:30 PM
 #5478


No worries, I just really dislike the paid voting thing, It feels like we have to beg the Mintpal Gods for listing Monero, when Monero is most certainly more substantial than almost every other coin they have on that exchange.


Look at the top few coins and look how many votes they've paid for, there are several with less than 1BTC pledged yet 15k + votes.

 If the demand is there then it can be voted on without paying. You are able to vote once an hour each meaning we could get 20k votes in a day by 833 people voting every hour, without anyone paying a penny, that seems like an easy feat to me.

 Like I say I understand the premise but its a non issue to be honest. I'd agree if the top coins on the list had 20BTC + pledged but thats not the case.
parker928
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June 10, 2014, 01:26:35 PM
 #5479

where can I find the simplewallet.log file?

I am looking for a transaction where I sent to poloniex without the payment id, trying to redeem it...i know you guys probably get this all day, we should gang up on poloniex and tell them to get the shit together haha!
ciocgun
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June 10, 2014, 01:31:28 PM
 #5480

hi, i'm the only one with problem sync ing today?

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