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

[darkota]

I am comparing coins, not advertising. I provide links, facts, ideas, opinions. This forum should be about this, not about one bullshit sentence like yours saying nothing useful.

All the people here are already awared of BBR, many of us (including me) also hold some BBR from very early, so your advertisement is pointless.

The problem with BBR right now is it's being exploited by private GPU miners. Christian might be the not only one who have this optimized miner because he said the coding is not hard. And these guys don't just run it in one server, they're running optimized miners on hundreds of Amazon instances and hence dominate network hash rate. I've been want to buy some more BBR but not this time, not until a GPU miner is released to the public.

I agree, bool berry is being demolished by those with gpu's with their private closed sourced miner and it's largely unfair.

[1715165572]

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[HardwarePal]

I have been checking the coins in circulation charts here : http://monerochain.info/charts/coins

It seems the past few days from 23K+- production a day, yesterday was slightly under 11K.

The total BTC equivalent of 11000XMR is 57.5BTC at 525K sat (current price when posting) which will not ofcourse all be sold on the market as many people will be holding for mid-long term.

If this continues we will have very interesting results in terms of how the price moves when more people mine as the Block reward is Smoothly varying [3]

I think someone else can probably do analytics graphs on this and "predict" what will happen when the GUI wallet will be released aswell as more people hear about XMR.

[mirny]

Is something wrong with monero? whatmine is saying, coin under maintenance.

[Keyboard-Mash]

Is something wrong with monero? whatmine is saying, coin under maintenance.

No, nothing is wrong with monero. whatmine must be doing something with their software.

[darkota]

All Monero needs is

1) A GUI wallet


And perfection is complete.

[Keyboard-Mash]

I have been checking the coins in circulation charts here : http://monerochain.info/charts/coins

It seems the past few days from 23K+- production a day, yesterday was slightly under 11K.

The total BTC equivalent of 11000XMR is 57.5BTC at 525K sat (current price when posting) which will not ofcourse all be sold on the market as many people will be holding for mid-long term.

If this continues we will have very interesting results in terms of how the price moves when more people mine as the Block reward is Smoothly varying [3]

I think someone else can probably do analytics graphs on this and "predict" what will happen when the GUI wallet will be released aswell as more people hear about XMR.

Yesterday can be confusing when looking from different time zones. ~23k/day is the standard that should be created every single 24 hour period right now. If the graph at monerchain.info/minergate shows less than 23k/day it's because the day isn't over and it's still summing coins for that 24 hour period. Maximum deviation from that 23k is 9%, which is 20930 coins.

What kind of graphs could you see being made modeling adoption? Most anything to compare it to already has a GUI wallet due to being based on a BTC protocol. I think nxt launched without one (someone correct me if wrong), so maybe modeling the number of wallets created after that day compared to before that day could be used to show an adoption model?

[GreekBitcoin]

All Monero needs is

1) A GUI wallet


And perfection is complete.

The last thing monero needs is a GUI. Monero is a serious coin and is aiming at serious investors. Serious investors can sure copy paste 2 lines in the CLI. A GUI can only attract noobs and noobs will just spike the price and dump it. The point is to evolve the coin code. It has many bugs that need to be fixed first.

I have already seen like 4-5 different posts about how to copy paste the address without writing it. Imagine what will happen if we attract even more noobs and we still have many bugs...

[dewdeded]

Greek is right, GUI is not needed at the moment. Its just not needed, for what?

But next year we should have one. I say good GUI wallet would be good Christmas present to everybody.

[keystroke]

I've been playing with simplewallet.exe. Sometimes when I try to transfer monero from one wallet to another the client complains that the transaction is too large. When I try again it works. Is the transaction building logic not deterministic? I guess this comes down to the RNG? Why not try a few more in the event of the transaction being too large?

[mkasiak]

I am comparing coins, not advertising. I provide links, facts, ideas, opinions. This forum should be about this, not about one bullshit sentence like yours saying nothing useful.

All the people here are already awared of BBR, many of us (including me) also hold some BBR from very early, so your advertisement is pointless.

The problem with BBR right now is it's being exploited by private GPU miners. Christian might be the not only one who have this optimized miner because he said the coding is not hard. And these guys don't just run it in one server, they're running optimized miners on hundreds of Amazon instances and hence dominate network hash rate. I've been want to buy some more BBR but not this time, not until a GPU miner is released to the public.

I agree, bool berry is being demolished by those with gpu's with their private closed sourced miner and it's largely unfair.

I also do not like it (the not-open-sorce miner), but it is not such a big issue as presented. If you read discussion inn BBR thread with Christian (supposed owner of such a miner), it seems, the profit is not very high, despite he/they mines lots of coins (there are many costs which needs to be included). Someone else has mentioned that it is more profitable to mine by CPU from work or university where you do not pay for electricity. I believe it.

Moreover all CPU mined coins are mined but botnets. This is unfair. Botnet hackers are real thieves which have no other intention than quick profit.

All coins need to face centralization in mining and ownership. Even with bitcoin it is big issue. I am sure that also XMR has some superwhales and gigantic miners (botnet owners, CPUfarms,...). Since cryptonote coins are truly anonymous, it is even more difficult to find how they are distributed.

[dewdeded]

As CN supporter (holding 0 BBR and x000 XMR) I am still happy with any success BBR gonna have.

[seandaniel]

hi, i know its a noob question, how can i solo mine here?

Thanks

[Keyboard-Mash]

I also do not like it (the not-open-sorce miner), but it is not such a big issue as presented. If you read discussion inn BBR thread with Christian (supposed owner of such a miner), it seems, the profit is not very high, despite he/they mines lots of coins (there are many costs which needs to be included). Someone else has mentioned that it is more profitable to mine by CPU from work or university where you do not pay for electricity. I believe it.

The presented issue has not been current profitability. The issue lies in the fact that christian has openly claimed that he is mining with over 50% of the mining votes. Christian is many things, but does not have a reason to lie to you or make unfounded claims. You are belittling the situation by claiming that it's not a big issue. Christian also has the stated ability to hold onto his coins, rather than sell that many per day.

Moreover all CPU mined coins are mined but botnets. This is unfair. Botnet hackers are real thieves which have no other intention than quick profit.

This is not a cpu only coin, as we are now debating a monopoly of mining by GPU miners in all CN coins. I'm not following your logic. What statement are you trying to make?

All coins need to face centralization in mining and ownership. Even with bitcoin it is big issue. I am sure that also XMR has some superwhales and gigantic miners (botnet owners, CPUfarms,...). Since cryptonote coins are truly anonymous, it is even more difficult to find how they are distributed.

Right now there's a very clear statement by a reputable source claiming to openly control over half of BBR net hash. That is not a delusion or an uncited source. This is fact. Anonymity does not even need to be addressed here. Did you purposely ignore my previous post to you here?

[Keyboard-Mash]

hi, i know its a noob question, how can i solo mine here?

Thanks

Awesome! Search youtube for "monero how-to", for a walkthrough on how to solo mine from the simplewallet.

Really all you need to do is type "start_mining x" where x is the number of cores you'd like to use of your computer inside the simplewallet program.

[equipoise]

hi, i know its a noob question, how can i solo mine here?

Thanks

You could solo CPU mine from the daemon:
start_mining <your_address> <number_of_threads>
You could mine on multiple machines with the same address.

[d-unknown]

hi guys , i've a small question, been mining xmr for past few days, i saw some people complaining about transactions not showing on blockchain when sending coins to poloniex

how many coins is safe to send at once ?

thanks

[equipoise]

^The problem was with old-code wallets not paying the right fees. If you updated from the OP you are fine. If the transaction is too big on size (dust inputs from the pools) the wallet will inform you and you should send a smaller amount.

[GreekBitcoin]

Monero Status Android Widget

A friend of mine made an android widget and app.


Updates:

• Difficulty Showing in app
• You can choose Bittrex exchange
• Volume for each exchange

Updates 2:

• You can choose Bter exchange
• Total Volume also taken from exchanges and not only from coinmarketcap
• Refreshing one widget refreshes all widgets
• Bug Fixes

Download: https://play.google.com/store/apps/details?id=tr.monerostatus
The second update might not be already on google store, it takes a few hours for google to update...



If anyone feels like donating: 47g3CVqBdmPZgPEA8m2hjT4aosiNhmELD3jdQVbtbooVGuCjHfY7aBUQo5p2Qirk7629LiFZWH7ZWMZ nSAZ5n7paP7ePThK
Many thanks to the three donators!

P.S. Ask about more features and tell us about bugs!

[shfc]

GreekBitcoin,
nice work

[GreekBitcoin]

GreekBitcoin,
nice work

Thank you! But actually its not mine, my friend is creating it. Forgot to add it! I am trying to get him into the cryptos