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

[Junkbarman]

Um, the Mt. Gox guy, Mark whatever his name is. That idiot who ran Mt. Gox.

Sorry this is really off topic, please delete if necessary.

Oh! Got it now.

That could fit into the picture a bit I guess. That's a whole lot to launder though .. but maybe not?

The thread's not moderated, you can talk about what you'd like with no worry about censorship.

I think you'd find a lot of people here who would agree that the guy that ran Mt. Gox was an idiot, so it doesn't seem too far out of topic anyways

Where did you read about Pantera Capital?

https://panteracapital.com/

I love this game, it's so much fun. Everyone says buy. Will you?

[superresistant]

Wow, so lame! I am pretty much thinking at this point that the "dev team" is not capable of progressing much on this. Four weeks and still analyzing the white paper?! WTF.
No major progress in the last two weeks? This is sick.

Look at the work going forward in live :

https://github.com/monero-project/bitmonero/network
https://github.com/i2pcpp/i2pcpp/commits/master (i2p router c port)
https://github.com/mikezackles/bitmonero/commits/daemonize ("daemonizing" the daemon branch)
https://github.com/tewinget/bitmonero/commits/rocksdb (db implementation started - using rocksdb, a leveldb fork)
https://github.com/tewinget/bitmonero/commits/rpcwallet (rpc based wallet for exchanges/merchants etc)
https://github.com/Neozaru/bitmonero/commits/wallet_wrapper (high level gui api)
https://github.com/Neozaru/bitmonero-qt/commits/master (Qt based gui for monero)
... plus the sideprojects...

The GUI wallet is updated at least once a day. This is a really intense work.

[uvt9]

What?? Bitcoin isn't going to $4000 anytime soon. Did you not know that a trading bot for MtGox made the price go to even $1,200? It was buying Bitcoins with fake cash on the exchange through a loophole every 5 minutes, that's what made the price get so high....With Mtgox gone, don't expect Bitcoin to go over $1,000 for a long time....it hasn't even begun to become mainstream yet.

Do you have a source?


As far as not being mainstream. That's debatable seeing how the Winklevoss Brothers have invested a ton and are putting it on the NASDAQ. And Pantera Capital has investors for $96 million.

But yeah, you can't buy anything at your local stores with Bitcoin. Yet.

Just for a quick read

http://willyreport.wordpress.com/2014/05/25/the-willy-report-proof-of-massive-fraudulent-trading-activity-at-mt-gox-and-how-it-has-affected-the-price-of-bitcoin/

It's just a FUD. Willy is just a dedicated trading tool for high value clients, it's not the reason for the rally last year.

It was BTC China lead the bubble, not Mt Gox (and thus not Willy).

[dreamspark]

What?? Bitcoin isn't going to $4000 anytime soon. Did you not know that a trading bot for MtGox made the price go to even $1,200? It was buying Bitcoins with fake cash on the exchange through a loophole every 5 minutes, that's what made the price get so high....With Mtgox gone, don't expect Bitcoin to go over $1,000 for a long time....it hasn't even begun to become mainstream yet.

Do you even know how much trade 'Willy' did during that period compared to the global market? It was a small percentage of gox' trade and gox was a percentage of global trade. Funny, everyone after November were screaming from the rooftops that we were doomed due to China "banning" Bitcoin and the whole rally was lead by China, yet a few weeks later the same people say were doomed as it was all gox' leading. Make you mind up.

It is likely that "Willy" was just an account for high value clients that would not want a few million sitting in a customer account waiting to be hacked. Even if its not, the effect Willy had on the global market was small, if any, and its asinine to try and attribute a prediction that BTC won't go above $1000 for a long time to that.

[devphp]

It's just a FUD. Willy is just a dedicated trading tool for high value clients, it's not the reason for the rally last year.

What about the Markus bot that didn't pay what's due when 'buying' bitcoins? The writing is on the wall.

[florida.haunted]

Help!
How to restore the wallet?
I use simplewallet.exe --restore-deterministic-wallet, when the input
Specify electrum seed: 8ce0054467f064...................................(Omission)
Error: electrum-style word list failed verification

always prompt an error! ! ! This command is not used to recover the wallet it?

Dear dev team! I note you twice, make a sticky FAQ at first page of this thread!

If I could help with this question, I did it. But being just a newbie I do not know how to help.

The only I know there was a rumor, that electrum-style restore-wallet feature is possibly in one of Monero-related github repositories, not master one. Also I've read, dev team consider master repo as 'HEAD svn', i.e. a developer snapshot too.

End-user released will be tagged against that head repo. This is quite common practice.

Devs, simply give users a sticky FAQ!

[uvt9]

It's just a FUD. Willy is just a dedicated trading tool for high value clients, it's not the reason for the rally last year.

What about the Markus bot that didn't pay what's due when 'buying' bitcoins? The writing is on the wall.

I don't know much about MtGox bots, but the $1000 bubble was lead by China, not MtGox and their bots:
https://i.imgur.com/rOKmKQX.png

[devphp]

I don't know much about MtGox bots, but the $1000 bubble was lead by China, not MtGox and their bots:
https://i.imgur.com/rOKmKQX.png

This graph you posted is very much in line with the conclusions made by the author in that wordpress link a few posts above, as it shows price after the bots did their job of breaking the downtrend and triggering the bubble in the months of July-October, the bubble then rolled on by itself as the author concludes. China helped too, for sure, but you should read that article if you haven't yet, it raises a lot of valid points.

[fluffypony]

Help!
How to restore the wallet?
I use simplewallet.exe --restore-deterministic-wallet, when the input
Specify electrum seed: 8ce0054467f064...................................(Omission)
Error: electrum-style word list failed verification

always prompt an error! ! ! This command is not used to recover the wallet it?

Dear dev team! I note you twice, make a sticky FAQ at first page of this thread!

If I could help with this question, I did it. But being just a newbie I do not know how to help.

The only I know there was a rumor, that electrum-style restore-wallet feature is possibly in one of Monero-related github repositories, not master one. Also I've read, dev team consider master repo as 'HEAD svn', i.e. a developer snapshot too.

End-user released will be tagged against that head repo. This is quite common practice.

Devs, simply give users a sticky FAQ!

I will write up a restore guide when I get a moment. The electrum-style seed is in master and is part of the current standard binaries (0.8..

[edubai]

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[cisahasa]

what is this, got my money stuck, cant send any
"Error: transaction <8449fd914f0a84f7b84768e4c1292f834
4a32> was rejected by daemon with status "Failed"
??

[florida.haunted]

I will write up a restore guide when I get a moment. The electrum-style seed is in master and is part of the current standard binaries (0.8..

Thank you very much, also I suppose this is typical:

what is this, got my money stuck, cant send any
"Error: transaction <8449fd914f0a84f7b84768e4c1292f834
4a32> was rejected by daemon with status "Failed"
??

and migration from 32-bit to 64-bit binaries (instructions I've posted several times bold font but I can not do it sticky at 1st page).

Consider special wiki site for Monero in the future...

Sticky FAQ is important this phase of development, because it actually reveals 64-bit Monero is stable to use! And sticky FAQ preserves newbies from disenchantment. And it is so simple to make up, is not it?

[cisahasa]

I will write up a restore guide when I get a moment. The electrum-style seed is in master and is part of the current standard binaries (0.8..

Thank you very much, also I suppose this is typical:

what is this, got my money stuck, cant send any
"Error: transaction <8449fd914f0a84f7b84768e4c1292f834
4a32> was rejected by daemon with status "Failed"
??

and migration from 32-bit to 64-bit binaries (instructions I've posted several times bold font but I can not do it sticky at 1st page).

Consider special wiki site for Monero in the future...

Sticky FAQ is important this phase of development, because it actually reveals 64-bit Monero is stable to use! And sticky FAQ preserves newbies from disenchantment. And it is so simple to make up, is not it?

im running 64bit

[riskyfire]

Hi,

I've been unable to sync bitmonerod on my 32 bit machines this past week, previously they were working fine.

Now their stuck on block 107407 I've tried restoring, deleting and re downloading the blockchain but they still
get stuck.

Any ideas?

Can I transfer my 32bit wallet files to a 64bit setup?

Thank you

[Shrikez]

Hi,

I've been unable to sync bitmonerod on my 32 bit machines this past week, previously they were working fine.

Now their stuck on block 107407 I've tried restoring, deleting and re downloading the blockchain but they still
get stuck.

Any ideas?

Can I transfer my 32bit wallet files to a 64bit setup?

Thank you

Florida.Haunted posted working instructions a few pages back. I followed those instructions and all went well. Thanks man

*WINDOWS USERS* (I think Linux users may do very very the same)

In case of any technical problem you have encountered with Monero:

0. Assume your 32-bit wallet file name is "wallet.bin" (adjust this instruction for other name accordingly)
1. Backup your wallet.bin.* files.
2. Delete ALL Monero files from your computer.
3. Download 64-bit Monero zip & blockchain.bin from 1st sticky page of this thread.
4. Unzip & place all the files downloaded above to the directory: "C:\Users\<your user name>\AppData\Roaming\bitmonero\".
5. From the backup made at step 1, place wallet.bin.* files !!! EXCEPT wallet.bin itself !!! into directory at step 4.
6. Start bitmonerod.exe and wait for it to sync with the net.
7. Start simplewallet by the commad prompt: "simplewallet --wallet-file wallet.bin" (!!! name of the file that must NOT exist in directory at step 4 !!!).
8. When you want to stop any monero executables - ALWAYS type "exit" & be patient.

simplewallet re-creates correct version of wallet.bin for you.

Since you migrate to 64-bit Monero by CORRECT WAY mentioned above - you will never have any problem except being patient due to Monero is currently somewhat slow.

[jwinterm]

Hi,

I've been unable to sync bitmonerod on my 32 bit machines this past week, previously they were working fine.

Now their stuck on block 107407 I've tried restoring, deleting and re downloading the blockchain but they still
get stuck.

Any ideas?

Can I transfer my 32bit wallet files to a 64bit setup?

Thank you

I think 32 bit doesn't work anymore because of the memory usage of the blockchain. The whole thing get's loaded into memory, so you need several gigabytes, which is too much for 32 bit.

You can transfer your wallet to 64 bit setup. I think you may need to just copy only your 'keys' file into new directory with 64bit simplewallet, then run simplewallet and type in wallet name (without the .keys part), and it should rebuild the binary part of your wallet (default name wallet.bin).

[HashInvest]

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[cAPSLOCK]

pool spam has to stop

I know how you feel.   It does make this thread very noisy.     I personally have just decided to never hash for pools who spam this thread in spite of being asked  not to.   I suppose next I will begin ignoring the spammers.

Actually just started hitting ignore.  Works great try it.

[kbm]

Has anyone heard any news of gambling sites for CN coins at all? That would almost be a welcome addition to break up the pool spam a little bit.

I just feel like there's some dice or poker or slots I could be playing

[Quanttek]

pool spam has to stop

I know how you feel.   It does make this thread very noisy.     I personally have just decided to never hash for pools who spam this thread in spite of being asked  not to.   I suppose next I will begin ignoring the spammers.

Actually just started hitting ignore.  Works great try it.

Yeah, it's annoying and it annoys myself and I feel embarrassed when I *have* to post it, but otherwise nobody is recognizing your pool. In the OP it's just one pool from a whole lot without it's unique features. That's why I am currently working with David on a new pool list (probably coming with the new website) so user can see distinguishing features without blatant advertising (we'll check if they hold their promises)