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

[Patel]

upvote plz

http://www.reddit.com/r/Bitcoin/comments/2axa41/interview_with_david_latapie/

[hodlmybtc]

Oops.

It's a good thing I dumped this coin... Saved myself from another 12% loss 

You feel more loss now. The price shoots to moon already  2 days ago: 0.0029 Now 0.0043

I'm crying, I sold all my xmr at 0.0037

That's really not that bad dude. Just buy in right now. that's not a major loss.

It depends on at which price he originally bought them before selling at 0.0037.

Also there is a chance that you can buy back at around 0.0037 or lower, but the value could also explode tomorrow, who knows.

My average buying price is around 0.0033 so I'm definately not selling until 0.006-0.007, and I will only sell if the rise is looking unsustainable, else holding long term

[Giovanni__]

I am selling community service hours for XMR

Pm me on bitmessage: BM-2cVLgc3SXJMpRLUTU6ZdQH4Zbio1y5EMfF

perfect for all occasions when you need volunteer/community service hours

[Mumbles]

Dorian?

Especially if I knew how to solve a multitude of problems I see in all the coins in existence. And especially if I didn't agree with their model of development by consensus MOB.

However, be aware that I am sometimes very ill and unable to work effectively.  

[MarcusDe]

http://monero.graymines.net/ updated to latest pool code, with 0.1% fee for dev and 0.1% for pool dev ;-)

[hitbtc]

The campaign is not over, so send your bug reports or usability improvements to pr@hitbtc.com to get your reward:
• 100 XMR for a bug report;
• 50 XMR for any accepted usability improvement.
Get your reward – get in touch with us.

Actually got my coins, thanks very much! I hope the improvements make it to implementation - you guys have built something good and it would be cool to see it gain a real edge on the rest.
guys, keep posting suggestions because if they're actually taking notice and doing them then we can get a half decent exchange going here! ..Thanks for the reward again

Thank you for your feedback. Make sure to send us any new reports - and collect your reward!

Hi! Hitbtc team here.
As you remember, several days ago we launched a new campaign:
Now everyone can send us bug reports or usability improvements.


Thank you for taking a part in this campaign. We now have more than 10 e-mails with different suggestions or reports.
For now all of them are currently under investigation. Once this process is complete, we’ll send out rewards.
But the first rewards have already been transfered!
The campaign is not over, so send your bug reports or usability improvements to pr@hitbtc.com to get your reward:
• 100 XMR for a bug report;
• 50 XMR for any accepted usability improvement.
Get your reward – get in touch with us.

sent some suggestions, just my opinion but I think hitbtc would benefit with some of them.

Thank you! We'll get in touch with you as soon as we look into your suggestions.
We would like to fine-tune our exchange so it becomes completely bug-free as we want all of our community members to have a pleasant user experience.

So please let us know what you think and send us your comments: PR@Hitbtc.com

Trade with pleasure!
Your Hitbtc team.

[lordoliver]

^It's not in the blockchain. Did you sent it with the current version from the OP? If you are using two months old version it's not sent with the right fee.

this is now the third question...


bitmonero wallet v0.8.9.65()
[wallet 48x3TT]: transfer 0 <address> 0.5 bd293b224aae610835121bd2b0b5887e45ada62da4ff3467bfc3f65a42652d21
Money successfully sent, transaction <8baa3bc1d4d98a3c83c5d8872ab26152a280115d8f77823a76333ff6e50463f4>
[wallet 48x3TT]: refresh
Starting refresh...
Refresh done, blocks received: 502                              
balance: 863.279174920000, unlocked balance: 862.932625920000

is the version too new?

No, it's too old (despite the misleading version numbers). You're using a version of Monero that is NOT by us and is not up-to-date with the latest changes. Only use versions of Monero linked in the OP or on the website.

too old?
how come? i was checking out newest master version of git. isn't that the newest one?

edit:
I see. you were changing the repository...
https:// github . com /bitmonero-project/bitmonero
https://github.com/monero-project/bitmonero

maybe you should somehow mark it as old...

edit:
what is that? you also have 2 kinds of urls?
http:// bitmonero . org/
http://www.monero.cc/

thats somehow very confusing... i guess the guy who made it is not in the team any more?
otherwise I would suggest to remove the old things...

[fluffypony]

too old?
how come? i was checking out newest master version of git. isn't that the newest one?

edit:
I see. you were changing the repository...
https://github.com/bitmonero-project/bitmonero
https://github.com/monero-project/bitmonero

maybe you should somehow mark it as old...

edit:
what is that? you also have 2 kinds of urls?
http://bitmonero.org/
http://www.monero.cc/

thats somehow very confusing... i guess the guy who made it is not in the team any more?
otherwise I would suggest to remove the old things...

Spot on - thankful_for_today is no longer involved in Monero, and despite being asked he has refused to take down both of those dead resources. Anyone can report the github repo as being unmaintained and thus containing potentially dangerous code, and maybe github will take the repo down, but the unmaintained website is going to be a tough one. Thankfully, we only link to current and active resources in the OP, so I would imagine that, with time, those abandoned resources will become less and less important.

[lordoliver]

Spot on - thankful_for_today is no longer involved in Monero, and despite being asked he has refused to take down both of those dead resources. Anyone can report the github repo as being unmaintained and thus containing potentially dangerous code, and maybe github will take the repo down, but the unmaintained website is going to be a tough one. Thankfully, we only link to current and active resources in the OP, so I would imagine that, with time, those abandoned resources will become less and less important.

My suggestion would be to put something in big letters on several pages, that there is a wrong repository/webpage. named maybe without linking to it, that google is not pushing it. I had the old repository and thought I had the right one, so maybe I would have found earlier ;-)

[rpietila]

Considerations concerning the ongoing XMR rally in Poloniex

Fundamentally, XMR looks good, because its support among top BTCers is stronger than the support of any other coin. This provides the long-term rationale for investing into a coin that is not cheap, has high issuance coming for the nearest years, and is practically useless.

Medium-term, the price had declined to a point where there were almost no asks, almost no bids (BTC60@[0-0.0023]), and no volume (BTC70 per day). The upturn was inevitable.

Now we are 3.7 days in the uptrend and the price is roughly double what it was at the low point (0.0046 vs. 0.0023). The bid support has more than doubled, however (BTC200 vs. BTC60). The bid support has reached values of BTC300+ at times.

The volume was lethargic at first, testifying to the fact that despite the rapid percentage rise in price, the sellers were not interested in shedding their stashes. Only the last 24 hours volume has been brisk (BTC420 compared to BTC130 in the first days of the uptrend).

The rise has roughly followed a pattern where daily highs are set at about midnight GMT. Thus it is likely that the buyers are from the U.S., because this is the prime playtime for them, or perhaps it's the time when both Europeans and East coast can play together.

There is a clear zig-zag pattern of higher daily highs and higher lows. As follows (bottom row is the first day of the uptrend and top is today):

427   (460->650(?))
329   500
285   390
260   349
231   320.

Yesterday saw more rapid price appreciation that the previous days. The nature of crypto booms is that this (superexponential growth, meaning that the percentage increase at least equals the previous day's percentage increase) will likely continue, until there is a breather at some level and then possibly the uptrend resumes. Therefore I predict 0.0065 to be achieved today. Yesterday my private prediction was 0.0044-0.0045 but later the same day there was another upsurge to 0.0050.

I don't see much resistance until we near the previous top (0.0100), because many holders will undoubtedly bet on a double top and plan to sell early. Others undoubtedly want to see XMR price making new highs and since there are many rich Bitcoin holders in the latter camp, the battle is going to be epic

Walls have been used quite liberally, highest ones have been about BTC100; and BTC40 is commonplace in both buy and sell side. There is yet no instance that a fakish buy wall has been snatched by a determined seller (some buy walls are fake though in the sense that they are pulled in a downturn). And even if there were, all buyers are solidly on the black with gains up to 100% in less than 4 full days.

The sell walls, on the other hand, may be snatched up to 10% away (like 0.0045 was bought when market was at 0.0041). Yesterday saw at least 4 instances of this happening with the BTC15-BTC50 walls in 0.0040, 0.0045 and 0.0050. For those who actually want to sell XMR, this is a paradise, since merely by setting a wall higher than the market, it will be taken. (If you can take the fact that price is rising 15-25% per day  )

Disclosure: I own XMR and my position has been increasing every day during the uptrend, and also most days during the previous downtrend. It has not decreased in any day. This disclosure may not be used in any way when determining tax and other liabilities, since "I" is undefined and may refer to any entity controlled or influenced by me under any jurisdiction and any official requests for information concerning them will be answered by lawful basis only.

[NeuroticFish]

The development team, what is the new development plan ?

Please review here: https://bitcointalk.org/index.php?topic=583449.msg7847156#msg7847156

I like the fact that this thread is SO ACTIVE, but I seem to keep missing the missives (I find/read them 1-4 days late). Is there a way to get notified about them? Maybe a mailing list?

[smooth]

The development team, what is the new development plan ?

Please review here: https://bitcointalk.org/index.php?topic=583449.msg7847156#msg7847156

I like the fact that this thread is SO ACTIVE, but I seem to keep missing the missives (I find/read them 1-4 days late). Is there a way to get notified about them? Maybe a mailing list?

You can check the first post on this thread on a weekly basis. They are always linked there. I don't think there is mailing list at this point, but you can follow on twitter https://twitter.com/monerocurrency

[dreamspark]

To add to Risto's general price analysis it has also been interesting watching the general network over the last few days.

The hash rate dropped as low as ~9 m/h around 4-6 days ago and had been dwindling from the ATH of ~16 mh. Currently it is sitting at 14.3 m/h which is a nice ~50+% rise from the recent low, this is right in line with the increase in price and  as price stays this level or increases we can expect the net hash to increase as well. I havent run any figures against profitabilty compared to other coins but I would imagine that it has become slightly more profitable to mine XMR at this point while the hash rate catches up (if it does).

The blockchain bloat was a hot topic on IRC at the end of last week so I decided to start keeping exact blockchain size figures as the charts on monerochain.info can be misleading. I have been recording these at aroun 10:00 GMT and are as follows.

1,516,605 KB    13/7/14
1,544,024 KB    14/7/14
1,606,429 KB    15/7/14
1,628,828 KB    16/7/14
1,646,808 KB    17/7/14


As you can see the blockchain is growing at ~30 mb average a day which is fantastic news if you look back to how much bloat the dust transactions were causing on the chain so kudos to the core devs and pool devs for implementing those solutions. This current rate of growth is much more acceptable for the privacy afforded than the 10x the size of BTC's chain we were heading towards a month or two ago.

[NeuroticFish]

Considerations concerning the ongoing XMR rally in Poloniex

Thank you. I had no time to watch polo in the last 2 weeks, so this was a good and informative read.

but you can follow on twitter https://twitter.com/monerocurrency

I'll try that. Thanks.

[smooth]

as the charts on monerochain.info can be misleading.

That is a good question. Why do the numbers on monerochain.info differ so much from yours? Is that site calculating chain size in some unusual or incorrect way?

[dreamspark]

as the charts on monerochain.info can be misleading.

That is a good question. Why do the numbers on monerochain.info differ so much from yours? Is that site calculating chain size in some unusual or incorrect way?

"The total size of all block headers and transactions, not including database indexes." is what is recorded on monerochain.info.

Recording the actual chain size I feel is much more productive.

[smooth]

as the charts on monerochain.info can be misleading.

That is a good question. Why do the numbers on monerochain.info differ so much from yours? Is that site calculating chain size in some unusual or incorrect way?

"The total size of all block headers and transactions, not including database indexes." is what is recorded on monerochain.info.

Recording the actual chain size I feel is much more productive.

Wouldn't "block headers and transactions" equal the chain size? What else is there?

[dreamspark]

as the charts on monerochain.info can be misleading.

That is a good question. Why do the numbers on monerochain.info differ so much from yours? Is that site calculating chain size in some unusual or incorrect way?

"The total size of all block headers and transactions, not including database indexes." is what is recorded on monerochain.info.

Recording the actual chain size I feel is much more productive.

Wouldn't "block headers and transactions" equal the chain size? What else is there?

I presumed it was to do with database indexes as it states thats not included though it did puzzle me as currently we aren't implementing a database. Will ask in IRC for a definitive answer.


EDIT:

<@fluffypony> dreamspark: they're showing the cumulative total of actual blocks
<@fluffypony> ignoring metadata etc.
<@fluffypony> same as the chart on blockchain.info vs. the actual Bitcoin blockchain size on disk

[smooth]

as the charts on monerochain.info can be misleading.

That is a good question. Why do the numbers on monerochain.info differ so much from yours? Is that site calculating chain size in some unusual or incorrect way?

"The total size of all block headers and transactions, not including database indexes." is what is recorded on monerochain.info.

Recording the actual chain size I feel is much more productive.

Wouldn't "block headers and transactions" equal the chain size? What else is there?

I presumed it was to do with database indexes as it states thats not included though it did puzzle me as currently we aren't implementing a database. Will ask in IRC for a definitive answer.


EDIT:

<@fluffypony> dreamspark: they're showing the cumulative total of actual blocks
<@fluffypony> ignoring metadata etc.
<@fluffypony> same as the chart on blockchain.info vs. the actual Bitcoin blockchain size on disk

Seems like a lot of metadata especially for something without a database. But I guess since the current blockchain storage is being replaced it doesn't matter much.

[fluffypony]

Seems like a lot of metadata especially for something without a database. But I guess since the current blockchain storage is being replaced it doesn't matter much.

The biggest culprit is the key image index, which is necessary to prevent double-spend attempts. It's somewhat solvable through normalisation, we'll see how it goes once the database abstraction stuff is complete.