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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4677813 times)
shfc
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June 19, 2014, 07:51:33 AM
 #6781

hi,  mkasiak,

I understand that you're advertising BBR, please leave here
nioc
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June 19, 2014, 07:53:09 AM
 #6782

On Monday when we get added to Mintplal this coin will fly to the moon!!!!

All you have to do is vote on mintpal every 1 hour!!!
https://www.mintpal.com/voting

You can only vote without paying if you have a trade history.  Why would I buy any of those coins?  

Oh wait, buy some shitcoin and then sell them and then vote!

I could be a klondike coin whale!  24hr trade volume = 0.004 btc
mkasiak
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June 19, 2014, 08:00:53 AM
 #6783

hi,  mkasiak,

I understand that you're advertising BBR, please leave here


Hi shfc,

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.
NeuroticFish
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June 19, 2014, 08:06:17 AM
 #6784

You can only vote without paying if you have a trade history.  Why would I buy any of those coins?  

Oh wait, buy some shitcoin and then sell them and then vote!

I could be a klondike coin whale!  24hr trade volume = 0.004 btc

My advice is to buy something you can also actually sell too. And if you can sell on a price that at least covers the exchange and transfer fees, even better!

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..1win..
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..POKER..
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..GAMES..
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Keyboard-Mash
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June 19, 2014, 08:30:43 AM
 #6785

hi,  mkasiak,

I understand that you're advertising BBR, please leave here


Hi shfc,

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.

hi mkasiak, if you're considering facts, ideas and opinions then please comment on the below discussion:

Elsewhere they say the difference in speed is 2.2 to 5 times as fast. That is far, far less then an order of magnitude.

CZ decided to launch a testnet, with links to the github weeks before the coin launched. While it seemed like a good idea at the time, to test his coin .. what he actually did was open it wide for people to prey on. I find it not only probable, but instead extremely likely, that there were GPU miners either at launch or within the week after it.

His unfamiliarity with the typical nature of this board left his coin extremely vulnerable and he is now left to contemplate a hard fork to stop the abuse. Please note that with this abuse he might not even have the ability to enforce a hardfork due to potential miner take over. Here is what I'm talking about, and this is half of the daily emission. Thus, 50% of mining is done by his software.

It does not matter if it's 2.2 to 5 times as fast, the time in which his coin has been exploited vs the time it has not been exploited is very large. Unfortunately, Claymore or another developer did not provide a GPU miner to act as a crutch until such time when an open source one was ready.

Fortunately, with the slower emission .. this has a chance to even out over time. I hope the best for him, but I do not believe he grasps the full nature of variables involved in what he's doing .. this is not knocking his ability to program.

Hmm, good points. However, he could enforce a hardfork even with a more powerful miner out there, as hardforking only requires that the people using the coin update their software. If for example the dev says, "This is the new version" a rogue miner doesn't need to accept it, true, but if all the services and majority of users stick with the 'official' chain, then the rogue miner would solving blocks that no one else accepts.


That's the catch, he can do the hardfork .. but it will be at extreme cost of risking whatever marketcap it has managed to accumulate. I'm sure cbuchner didn't spend an awful amount of time making the software. He is clearly profiting, but the hard fork will now be done only if he consents to it .. else he could simply sell his stash and crush the market .. destroying confidence in the coin. I'm sure he doesn't have much invested in this other than a few power bills. So either he works with CZ to try and create some kind of future prosperity, or he doesn't and it gets ugly very fast.

The parties involved have left the adopters of this coin with something that may very well be valuable, but will never be theirs. I cannot accept that, it's just way too dangerous.
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June 19, 2014, 08:31:21 AM
 #6786

Or you can just buy something cheap, so as to be able to vote for monero.
uvt9
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June 19, 2014, 08:51:26 AM
 #6787

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.
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June 19, 2014, 09:31:29 AM
 #6788

can mining monero with cpu or not?
dewdeded
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June 19, 2014, 09:34:56 AM
 #6789

Can.
mawa73
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June 19, 2014, 09:35:47 AM
 #6790

can mining monero with cpu or not?

yes you can, but i make with 1000 Hashes ( 3 x i7 ( 21 threads ) + 2 x xeon ( 31 threads ) )aproximate 2-3 monero per day
Febo
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June 19, 2014, 10:47:05 AM
 #6791


The question is also why Mintpal did not add XMR as their choice yet. It has great volume for several weeks. Maybe they want to cash paid votes for this coin, maybe their insiders are not bought into it. Or maybe they see XMR as technologically not prepared.


They knew will not last long till XMR will be nr.1, so why would they do it and lose all BTC from paid votes? Lets just hope they will be ready on Monday. Would look funny if they would say, sorry we cant do it right now, but next week Tongue
darkota
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June 19, 2014, 10:48:51 AM
 #6792

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.

HardwarePal
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June 19, 2014, 11:00:57 AM
 #6793

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
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June 19, 2014, 11:01:25 AM
 #6794

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

This is my signature...
Keyboard-Mash
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June 19, 2014, 11:05:15 AM
 #6795

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
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June 19, 2014, 11:10:12 AM
 #6796

All Monero needs is

1) A GUI wallet


And perfection is complete.
Keyboard-Mash
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June 19, 2014, 11:28:54 AM
 #6797

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?
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June 19, 2014, 11:29:35 AM
 #6798

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...


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June 19, 2014, 11:38:18 AM
 #6799

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. Smiley
keystroke
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June 19, 2014, 11:42:13 AM
 #6800

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?

"The difference between a castle and a prison is only a question of who holds the keys."
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