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

[jwinterm]

Diff rise price stable

"Patience is bitter, but its fruit is sweet."

patience is a virtue
catch it if you can
seldom found in women
never found in man

[1714887666]

1714887666

[1714887666]

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[1714887666]

1714887666

[5w00p]

All trolls behold, the Polite Troll.

[soaples]

Let trolls make troll.Just ignore them all.Don't wast time on any troll

[f125tk]

is there any faucet for XMR ?

[Febo]

is there any faucet for XMR ?

nope noone wants to waste even tiny drop of XMR

[ryhel]

third listed pool - pool.cryptoescrow.eu - SCAM!
new blocks every day but last payment - 02.09.2014
90 connected miners - nobody seems to care!

Maybe they are just delaying payments due to the high (0.1 XMR) transaction fees.

12 days, no payout  - they stole all XMR from the people.
Now the pool is "off"
pool.cryptoescrow.eu - SCAM!

[freebud]

I just read that Coinbase is declining transactions from Tor users. This isn't surprising, and just another example of the steady and relentless capture of the Bitcoin space by governments and regulators. It is pretty obvious to me that Monero (and other privacy enhancing coins) will become illegal in most places, and governments will try to prevent the transfer of funds between Monero and the legal economy. I guess it will be pretty easy for them to block fiat transfer, either in exchanges or in something like localmonero. It also seems plausible that pure crypro exchanges will be regulated, and prevent trade in privacy coins.
I'm not writing this as FUD or pointless rant, I'm a developer and have some free time, and would really like to hear any ideas on how can we mitigate this probable future..

[Jshank]

Anybody curious about board members of cryptonote?
https://cryptonotefoundation.org/
Should be announced this month, anybody care to speculate?

[Jungian]

Anybody curious about board members of cryptonote?
https://cryptonotefoundation.org/
Should be announced this month, anybody care to speculate?

Judging from the rest of the members I think it will be Einstein, Socrates and the Bloodhound Gang.

Meier, Planck and Hawking is already on board with the foundation so why not?

[canth]

I just read that Coinbase is declining transactions from Tor users. This isn't surprising, and just another example of the steady and relentless capture of the Bitcoin space by governments and regulators. It is pretty obvious to me that Monero (and other privacy enhancing coins) will become illegal in most places, and governments will try to prevent the transfer of funds between Monero and the legal economy. I guess it will be pretty easy for them to block fiat transfer, either in exchanges or in something like localmonero. It also seems plausible that pure crypro exchanges will be regulated, and prevent trade in privacy coins.
I'm not writing this as FUD or pointless rant, I'm a developer and have some free time, and would really like to hear any ideas on how can we mitigate this probable future..

Pretty simple answer - if you want privacy and anonymity, don't use coinbase. Quite honestly, coinbase & Tor aren't really compatible since the former requires full KYC information from customers buying or selling BTC.

Will anonymous coin transactions become illegal? Under certain conditions in certain countries, almost definitely. However, like leaks in a dam, capital flows find the cracks. Short term, there's no way that authorities will shut down all of the crypto to crypto exchanges, especially considering that many are hosted in places where authorities don't consider crypto-tokens money or even property and thusly don't regulate it.

Longer term, crypto to crypto decentralized exchanges will be needed as will cash fiat to crypto exchanges - that will eliminate the ability for authorities to stop flows. They can still do standard policing, but we've seen how well that works to stop protocols like BitTorrent.

Decentralization is the answer.

[canth]

Anybody curious about board members of cryptonote?
https://cryptonotefoundation.org/
Should be announced this month, anybody care to speculate?

Judging from the rest of the members I think it will be Einstein, Socrates and the Bloodhound Gang.

Meier, Planck and Hawking is already on board with the foundation so why not?

Why are Newton and Plato getting the cold shoulder?

[canth]

What is happening with this coin right now? I'm never seen the price this low. I want to invest but why are people selling?

Monero, Boolberry and Bytecoin are being dumped for Stealthcoin. It doesn't have the bloat.

No thanks, we'll pass on that premined, weaksauce version of anonymity. Move along and sell to someone else, please.

[Ayers]

price a bit bad, hope will recover

[jwinterm]

is there any faucet for XMR ?

With the fees as high as they currently are (0.01 XMR = ~$0.02), I think it would be difficult/expensive to distribute any meaningful amount to a lot of people (you have to give them more than the fee or they can't do anything with the xmr they receive).

[freebud]

I just read that Coinbase is declining transactions from Tor users. This isn't surprising, and just another example of the steady and relentless capture of the Bitcoin space by governments and regulators. It is pretty obvious to me that Monero (and other privacy enhancing coins) will become illegal in most places, and governments will try to prevent the transfer of funds between Monero and the legal economy. I guess it will be pretty easy for them to block fiat transfer, either in exchanges or in something like localmonero. It also seems plausible that pure crypro exchanges will be regulated, and prevent trade in privacy coins.
I'm not writing this as FUD or pointless rant, I'm a developer and have some free time, and would really like to hear any ideas on how can we mitigate this probable future..

Pretty simple answer - if you want privacy and anonymity, don't use coinbase. Quite honestly, coinbase & Tor aren't really compatible since the former requires full KYC information from customers buying or selling BTC.

Will anonymous coin transactions become illegal? Under certain conditions in certain countries, almost definitely. However, like leaks in a dam, capital flows find the cracks. Short term, there's no way that authorities will shut down all of the crypto to crypto exchanges, especially considering that many are hosted in places where authorities don't consider crypto-tokens money or even property and thusly don't regulate it.

Longer term, crypto to crypto decentralized exchanges will be needed as will cash fiat to crypto exchanges - that will eliminate the ability for authorities to stop flows. They can still do standard policing, but we've seen how well that works to stop protocols like BitTorrent.

Decentralization is the answer.

I started looking at crypto to crypto decentralized exchanges, and didn't find much.. the only thing I found is NXT multigateway, which calls itself decentralized, but as far as I understand actually relies on centralized servers (hosted on AWS..). Is this correct? or did they actually solve the problem? Anyone is aware of a serious effort to solve this?

[Anon136]

I just read that Coinbase is declining transactions from Tor users. This isn't surprising, and just another example of the steady and relentless capture of the Bitcoin space by governments and regulators. It is pretty obvious to me that Monero (and other privacy enhancing coins) will become illegal in most places, and governments will try to prevent the transfer of funds between Monero and the legal economy. I guess it will be pretty easy for them to block fiat transfer, either in exchanges or in something like localmonero. It also seems plausible that pure crypro exchanges will be regulated, and prevent trade in privacy coins.
I'm not writing this as FUD or pointless rant, I'm a developer and have some free time, and would really like to hear any ideas on how can we mitigate this probable future..

Everyone will just use bitcoin with massive mixing when they buy monero. Worse case scinario is that we have to use darknet exchanges or exchanges that are censorship resistant by virtue of being sufficiently decentralized. It could push exchanges in general in a very positive direction. Remember when they government makes something illegal they dont get rid of it, they just raise the price. Sure they can spend huge amounts of money to locate the take down darknet exchange servers and operators, but just like the silkroad 2.0 another one will just spring up. And so long as there is demand this will continue to happen. If they do it enough times than it will cause the price of trading to rise. But thats really the best they will ever be able to do.

TLDR: if you are worried about monero going away because the government made it illegal, see how *insert illicit substance of choice here* went away when they made that illegal.

[aminorex]

in the u.s. your rights of privacy and anonymity are constituionally guaranteed.  it is likely that totalitarian regimes will outlaw anonymizing technologies, albeit with very limited success.  the likelihood of criminalization of anonymizing tech in western liberal democracies generally is zero.

[neverminer77]

in the u.s. your rights of privacy and anonymity are constituionally guaranteed.  it is likely that totalitarian regimes will outlaw anonymizing technologies, albeit with very limited success.  the likelihood of criminalization of anonymizing tech in western liberal democracies generally is zero.

The anonymous transactions feature is being overlooked by the governments since none of the alts including XMR have gained that much of exposure. Once Monero (or Darkcoin for that matter) has reached the stage of mass adoption, it will definitely draw attention of the regulators.

[mmortal03]

Anybody curious about board members of cryptonote?
https://cryptonotefoundation.org/
Should be announced this month, anybody care to speculate?

That used to say August, so they've already pushed it back once.

[StatusSeeking]

I just read that Coinbase is declining transactions from Tor users. This isn't surprising, and just another example of the steady and relentless capture of the Bitcoin space by governments and regulators. It is pretty obvious to me that Monero (and other privacy enhancing coins) will become illegal in most places, and governments will try to prevent the transfer of funds between Monero and the legal economy. I guess it will be pretty easy for them to block fiat transfer, either in exchanges or in something like localmonero. It also seems plausible that pure crypro exchanges will be regulated, and prevent trade in privacy coins.
I'm not writing this as FUD or pointless rant, I'm a developer and have some free time, and would really like to hear any ideas on how can we mitigate this probable future..

Everyone will just use bitcoin with massive mixing when they buy monero. Worse case scinario is that we have to use darknet exchanges or exchanges that are censorship resistant by virtue of being sufficiently decentralized. It could push exchanges in general in a very positive direction. Remember when they government makes something illegal they dont get rid of it, they just raise the price. Sure they can spend huge amounts of money to locate the take down darknet exchange servers and operators, but just like the silkroad 2.0 another one will just spring up. And so long as there is demand this will continue to happen. If they do it enough times than it will cause the price of trading to rise. But thats really the best they will ever be able to do.

TLDR: if you are worried about monero going away because the government made it illegal, see how *insert illicit substance of choice here* went away when they made that illegal.

If governments outlaw Monero and other anons forcing them to go underground that would affect the user base drastically. If Monero's aiming for mass-adoption it would have to cut a deal with the regulators sooner or later.