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

[apofis]

Use port 18082

On the 18082 port, an error, there is no connection. Need to make settings to use port 18082?

Do you have the wallet running? You need to have that in order to use the wallet RPC

Yes wallet wallet work simplewallet.exe, there is no connection on port 18082.

[fluffypony]

Yes wallet wallet work simplewallet.exe, there is no connection on port 18082.

You have to explicitly enable simplewallet's RPC with --rpc-bind-port 18082 or whatever. So ./simplewallet --rpc-bind-port 18082

[apofis]

Yes wallet wallet work simplewallet.exe, there is no connection on port 18082.

You have to explicitly enable simplewallet's RPC with --rpc-bind-port 18082 or whatever. So ./simplewallet --rpc-bind-port 18082

Thanks for the help, yes indeed, it was necessary to specify the port by force.

[h3speros]

Might be good for someone to compare XMR price development over the two days to other altcoins. Might well be that the effect of FUD is not even existent...

Quick scan: Over that period the range of LTC was 2.5%,  XMR 13.6%, BBR 27.4%, XCN 34.5%, and all are within 10% of the range closest to their lows over the period.

What I see is that PoW non-app coins (pure currencies) generally, whether CN or BTC based, have declined in degree best indicated by their market cap.

My intuition:  There is no FUD effect.  It is pure imagination.  The price is down because bitcoin.  

My conjecture is that hot money is flowing out of bitcoin into US stocks (BABA) and GBP bets.  This is ADHD money we're talking about.  I give it a week or so, before btc bottoms.  Unless there is an exogenous jump it would be reasonable to expect continuing XMR\BTC decay.  Yet I am unwilling to sell for a turn-around, simply because the scale and likelihood of a positive shock is too large.  The market cap is too small.  One buyer can double the price forever in 20 seconds or less.  I can't risk that.

I'm not above trading BTC comparably aggressive (after all, some of those profits then go into anon coins like XMR), but agreed on what you write here: Unless you trade rather small amounts (and can get in and out without slippage, and are nimble enough to jump back in on short notice), it makes little sense to trade the current swings that are largely secondary effects to XMR's older brother Bitcoin. Small correction maybe: It does make sense if you aren't attached to your XMR position, as in: if you're skimming off profits in USD only. If your goal is increasing an already non-trivial XMR stash, I find it hard to believe this can be achieved by swing trading, given the current market conditions.

i have swing traded xmr and i have lowered my avg btc/xmr buy in by swing trading, approx 20% more xmr, my first buy was month ago at 0.0037 and then 0.003, then i sold at 0.005-0.004 and then bought 0.0037-0.004, then sold again 0.004 and bought 0.0038-0.004, TA has been triangle and 6h ma20

Nice

Out of curiosity, care to say what range your xmr account is in? 3, 4, 5 figures (in xmr, I mean)? Because my point wasn't that swing trading is impossible, but that I'm not sure if it works with large-ish accounts (but I can be corrected on this).

P.S. Sorry for the OT. Will take the rest of the conversation to the speculation thread.

i have now 5000 xmr, that's about my max what i want to invest, i try to use limit orders to help with slippage, but that's not so big sum that slippage would be a big problem

[ibuyltc]

There appears to be negotiations between TFM and the Monero Devs for an exploit found.

This seems to be a good opportunity for a reminder that we should donate more (if you haven't already) to the Monero Dev fund.

[Anon136]

The Monero logo on the merchandising stuff is really well done, its everything about what Monero is:

congratulations.

I like it but it seems to imply the sort of traditional model of a company providing a service instead of a decentralized network. Who is this "our"? There is no "us" or "we". You might might make some nuanced arguments about devs having too much control or something but atleast from a marketing standpoint you definitely dont want to even hint at there being a point of centralization, which a word like "our" does in this context. Perhaps just write it from the perspective of the person reading it. So that it comes of as them having some sort of stake in the movement. I might consider changing it to something like

"Because my business shouldn't be any of your business"

Not necessarily that specifically, thats just to illustrate the general idea that im alluding to.  Please consider it.

[5w00p]

I really like the logo.

Anon136 does make a good point, though.

Maybe: Secure. Private. Untraceable.

[jwinterm]

I also like the logo, but why does it have the BTC under the _M_ ?

[smooth]

I also like the logo, but why does it have the BTC under the _M_ ?

Maybe Monero builds on Bitcoin?

[fluffypony]

I like it but it seems to imply the sort of traditional model of a company providing a service instead of a decentralized network. Who is this "our"? There is no "us" or "we". You might might make some nuanced arguments about devs having too much control or something but atleast from a marketing standpoint you definitely dont want to even hint at there being a point of centralization, which a word like "our" does in this context. Perhaps just write it from the perspective of the person reading it. So that it comes of as them having some sort of stake in the movement. I might consider changing it to something like

"Because my business shouldn't be any of your business"

Not necessarily that specifically, thats just to illustrate the general idea that im alluding to.  Please consider it.

No no, you've misunderstood the implication. The implication is that your business shouldn't be <insert TLA here>'s business. That's why the image is meant to at least somewhat resemble that of a generic TLA.

[fluffypony]

I also like the logo, but why does it have the BTC under the _M_ ?

Was just a bit of tongue in cheek putting Monero on top of Bitcoin, not meant as anything but a poke in the ribs for Bitcoin;)

[Eastwind]

Has the attack started? Hash rate is 25MH/s, while the price is 0.0028x

[generalizethis]

I also like the logo, but why does it have the BTC under the _M_ ?

Was just a bit of tongue in cheek putting Monero on top of Bitcoin, not meant as anything but a poke in the ribs for Bitcoin;)

Thought it was Bitcoin flying us to the Monero moon-- 

[Anon136]

I like it but it seems to imply the sort of traditional model of a company providing a service instead of a decentralized network. Who is this "our"? There is no "us" or "we". You might might make some nuanced arguments about devs having too much control or something but atleast from a marketing standpoint you definitely dont want to even hint at there being a point of centralization, which a word like "our" does in this context. Perhaps just write it from the perspective of the person reading it. So that it comes of as them having some sort of stake in the movement. I might consider changing it to something like

"Because my business shouldn't be any of your business"

Not necessarily that specifically, thats just to illustrate the general idea that im alluding to.  Please consider it.

No no, you've misunderstood the implication. The implication is that your business shouldn't be <insert TLA here>'s business. That's why the image is meant to at least somewhat resemble that of a generic TLA.

Oh because its like the nsa is saying it. "because your business shouldn't be any of our business" -NSA. Like that. For example. I get it now but it was a little confusing to dumb people like me.

[mmortal03]

Has the attack started? Hash rate is 25MH/s, while the price is 0.0028x

There was a huge volume spike with price movement down over at Poloniex about an hour ago. 33265 Moneros sold within a minute for ~95 bitcoins.

[anatolikostis]

Has the attack started? Hash rate is 25MH/s, while the price is 0.0028x

There was a huge volume spike with price movement down over at Poloniex about an hour ago. 33265 Moneros sold within a minute for ~95 bitcoins.

claymore converts into btc? 

[cAPSLOCK]

Has the attack started? Hash rate is 25MH/s, while the price is 0.0028x

There was a huge volume spike with price movement down over at Poloniex about an hour ago. 33265 Moneros sold within a minute for ~95 bitcoins.

claymore converts into btc? 

Lol. Well...  it could be.  But...

[mmortal03]

Another huge spike in the other direction.  Looks like this is the highest daily volume in Monero history.

[parker928]

ummm....wtf?

I was worried for a second, but then, I remembered, it is monero, I am not worried.

whatever.

[surfer43]

Another huge spike in the other direction.  Looks like this is the highest daily volume in Monero history.

I think June 21st was.. 1011 BTC on poloniex alone.