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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4670932 times)
nsimmons
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September 23, 2014, 09:19:03 PM
 #14521

Hi guys - just a note that we have asked exchanges to suspend XMR deposits/withdrawals for 24 hours. Trading is not suspended. This is a precautionary move.

Polo is shutting down everything:

Iloveu: In 30min, as a precaution against the attack threat, XMR deposits and withdrawals will be frozen for 24hrs and all funds put in cold storage.

I made the important bit bold. Trading is not suspended.

thanks a lot, that's why my coins have been stuck at 18/20 confirms.  Sad
How is this any different than a bank deciding I'm not allowed to have access to my money?

Its not. Exchanges are banks by default.

What time specifically is the attack supposed to start? I need to make sure that I start my popcorn at the right time.

This instils much confidence that a small group of people can completely shut-down the system because they feel like it. Let me guess, its for my benefit and protection. Central Bank of Monero?

If you dont know what you are talking about than that's fine. Ignorance isnt a crime. But don't pretend like you have any sort of idea what you are talking about if you don't.
Try to formulate your thoughts before you type. This illiterate gibberish doesn't even make any sense.

What don't I get? The core group asked exchanges to shut down deposits. I sent my coins before fluffypony's announcement. Mintpal did it without notice now my coins are in limbo for 24hours.

It looks pretty clear that a few people denied me access to my money. Is this not centralization?

luigi1111
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September 23, 2014, 09:20:41 PM
 #14522

Hi guys - just a note that we have asked exchanges to suspend XMR deposits/withdrawals for 24 hours. Trading is not suspended. This is a precautionary move.

Polo is shutting down everything:

Iloveu: In 30min, as a precaution against the attack threat, XMR deposits and withdrawals will be frozen for 24hrs and all funds put in cold storage.

I made the important bit bold. Trading is not suspended.

thanks a lot, that's why my coins have been stuck at 18/20 confirms.  Sad
How is this any different than a bank deciding I'm not allowed to have access to my money?

Its not. Exchanges are banks by default.

What time specifically is the attack supposed to start? I need to make sure that I start my popcorn at the right time.

This instils much confidence that a small group of people can completely shut-down the system because they feel like it. Let me guess, its for my benefit and protection. Central Bank of Monero?

If you dont know what you are talking about than that's fine. Ignorance isnt a crime. But don't pretend like you have any sort of idea what you are talking about if you don't.
Try to formulate your thoughts before you type. This illiterate gibberish doesn't even make any sense.

What don't I get? The core group asked exchanges to shut down deposits. I sent my coins before fluffypony's announcement. Mintpal did it without notice now my coins are in limbo for 24hours.

It looks pretty clear that a few people denied me access to my money. Is this not centralization?

Exchanges are indeed centralization. This is well-known.
Bobsurplus
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September 23, 2014, 09:21:36 PM
 #14523

Hi guys - just a note that we have asked exchanges to suspend XMR deposits/withdrawals for 24 hours. Trading is not suspended. This is a precautionary move.

Polo is shutting down everything:

Iloveu: In 30min, as a precaution against the attack threat, XMR deposits and withdrawals will be frozen for 24hrs and all funds put in cold storage.

I made the important bit bold. Trading is not suspended.

thanks a lot, that's why my coins have been stuck at 18/20 confirms.  Sad
How is this any different than a bank deciding I'm not allowed to have access to my money?

Its not. Exchanges are banks by default.

What time specifically is the attack supposed to start? I need to make sure that I start my popcorn at the right time.

This instils much confidence that a small group of people can completely shut-down the system because they feel like it. Let me guess, its for my benefit and protection. Central Bank of Monero?

If you dont know what you are talking about than that's fine. Ignorance isnt a crime. But don't pretend like you have any sort of idea what you are talking about if you don't.
Try to formulate your thoughts before you type. This illiterate gibberish doesn't even make any sense.

What don't I get? The core group asked exchanges to shut down deposits. I sent my coins before fluffypony's announcement. Mintpal did it without notice now my coins are in limbo for 24hours.

It looks pretty clear that a few people denied me access to my money. Is this not centralization?

It sure is! And it's a scam too! You lost out bigtime on this one I assume.. Shoulda listened to me and not written me off yesterday when I said this kind of shit would happen.
nsimmons
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September 23, 2014, 09:25:45 PM
 #14524

Hi guys - just a note that we have asked exchanges to suspend XMR deposits/withdrawals for 24 hours. Trading is not suspended. This is a precautionary move.

Polo is shutting down everything:

Iloveu: In 30min, as a precaution against the attack threat, XMR deposits and withdrawals will be frozen for 24hrs and all funds put in cold storage.

I made the important bit bold. Trading is not suspended.

thanks a lot, that's why my coins have been stuck at 18/20 confirms.  Sad
How is this any different than a bank deciding I'm not allowed to have access to my money?

Its not. Exchanges are banks by default.

What time specifically is the attack supposed to start? I need to make sure that I start my popcorn at the right time.

This instils much confidence that a small group of people can completely shut-down the system because they feel like it. Let me guess, its for my benefit and protection. Central Bank of Monero?

If you dont know what you are talking about than that's fine. Ignorance isnt a crime. But don't pretend like you have any sort of idea what you are talking about if you don't.
Try to formulate your thoughts before you type. This illiterate gibberish doesn't even make any sense.

What don't I get? The core group asked exchanges to shut down deposits. I sent my coins before fluffypony's announcement. Mintpal did it without notice now my coins are in limbo for 24hours.

It looks pretty clear that a few people denied me access to my money. Is this not centralization?

Exchanges are indeed centralization. This is well-known.

Well see, I understand if an exchange shuts down, for maintenance, attack, whatever. Or if there is a crisis on the network and coins are going missing. But what I am pissed off at, as should everyone else should be, is that a edict from on high has arbitrarily shut things down due to a threat.

aerbax
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September 23, 2014, 09:32:23 PM
 #14525

I wouldn't say this was an arbitrary "edict from on high".

The Monero core team suggested to the various exchanges that they shutdown deposits and withdrawals for a period of time.  The exchanges weren't forced to do this.

I'm sure that if the exchanges had not done this, the trolls would spin that in a negative light, too.  something..something...greedy...doesn't care about security...

varun555
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September 23, 2014, 09:32:40 PM
 #14526

Hi guys - just a note that we have asked exchanges to suspend XMR deposits/withdrawals for 24 hours. Trading is not suspended. This is a precautionary move.

Polo is shutting down everything:

Iloveu: In 30min, as a precaution against the attack threat, XMR deposits and withdrawals will be frozen for 24hrs and all funds put in cold storage.

I made the important bit bold. Trading is not suspended.

thanks a lot, that's why my coins have been stuck at 18/20 confirms.  Sad
How is this any different than a bank deciding I'm not allowed to have access to my money?

Its not. Exchanges are banks by default.

What time specifically is the attack supposed to start? I need to make sure that I start my popcorn at the right time.

This instils much confidence that a small group of people can completely shut-down the system because they feel like it. Let me guess, its for my benefit and protection. Central Bank of Monero?

If you dont know what you are talking about than that's fine. Ignorance isnt a crime. But don't pretend like you have any sort of idea what you are talking about if you don't.
Try to formulate your thoughts before you type. This illiterate gibberish doesn't even make any sense.

What don't I get? The core group asked exchanges to shut down deposits. I sent my coins before fluffypony's announcement. Mintpal did it without notice now my coins are in limbo for 24hours.

It looks pretty clear that a few people denied me access to my money. Is this not centralization?

Exchanges are indeed centralization. This is well-known.

Well see, I understand if an exchange shuts down, for maintenance, attack, whatever. Or if there is a crisis on the network and coins are going missing. But what I am pissed off at, as should everyone else should be, is that a edict from on high has arbitrarily shut things down due to a threat.

Well if the devs don't inform the exchanges, then who else?  The devs do not own the exchanges. They simply inform them. If you think that the action of your exchange is arbitrary, then the onus is on the exchange and not the devs!
Hilux74
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September 23, 2014, 09:32:43 PM
 #14527

So you shoudn't be storing your XMR on an exchange if you don't want someone else to have control.  Pretty easy solution to your proclaimed centralization problem. lol
smooth
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September 23, 2014, 09:32:47 PM
 #14528

Well see, I understand if an exchange shuts down, for maintenance, attack, whatever. Or if there is a crisis on the network and coins are going missing. But what I am pissed off at, as should everyone else should be, is that a edict from on high has arbitrarily shut things down due to a threat.

No edict, just our recommendation. The centralized exchange used its centralized authority to decide to follow our recommendation.

dzonikg28
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Bisq Market Day - March 20th 2023


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September 23, 2014, 09:37:32 PM
 #14529

more 5 minutes until nothing happens  Grin

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.....MARKET DAY - MARCH 20TH 2023....Download Now .#...
nsimmons
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September 23, 2014, 09:40:11 PM
 #14530

I wouldn't say this was an arbitrary "edict from on high".

The Monero core team suggested to the various exchanges that they shutdown deposits and withdrawals for a period of time.  The exchanges weren't forced to do this.

I'm sure that if the exchanges had not done this, the trolls would spin that in a negative light, too.  something..something...greedy...doesn't care about security...

I blame the exchanges as well and I have filed a ticket with mintpal chewing them out.

fluffypony
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GetMonero.org / MyMonero.com


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September 23, 2014, 09:40:28 PM
 #14531

So it looks like we've got a bit of movement - you may see this in your daemon:


2014-Sep-23 23:37:19.806279 [P2P5][95.215.44.178:34198 INC]Sync data returned unknown top block: 230879 -> 500 [230379 blocks (-159 days) ahead]
SYNCHRONIZATION started
2014-Sep-23 23:37:19.810744 [P2P1][95.215.44.178:34236 INC]Sync data returned unknown top block: 230879 -> 109899 [120980 blocks (-84 days) ahead]
SYNCHRONIZATION started
2014-Sep-23 23:37:21.642268 [P2P4][95.215.44.178:34665 INC]Sync data returned unknown top block: 230879 -> 105895 [124984 blocks (-86 days) ahead]
SYNCHRONIZATION started
2014-Sep-23 23:37:21.650641 [P2P5][95.215.44.178:34612 INC]Sync data returned unknown top block: 230879 -> 500 [230379 blocks (-159 days) ahead]
SYNCHRONIZATION started
2014-Sep-23 23:37:23.482062 [P2P8][95.215.44.178:35159 INC]Sync data returned unknown top block: 230879 -> 56462 [174417 blocks (-121 days) ahead]
SYNCHRONIZATION started
2014-Sep-23 23:37:23.482223 [P2P5][95.215.44.178:35105 INC]Sync data returned unknown top block: 230879 -> 500 [230379 blocks (-159 days) ahead]
SYNCHRONIZATION started


Those connections are being dropped, although 95.215.44.178 is aggressively reconnecting. So far we're not seeing any major issues, except the annoying message showing up each time that peer tries to reconnect.

Mitigation

There will be a new release shortly to ensure this is mitigated. We will continue to monitor to see what else is going on.

varun555
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September 23, 2014, 09:41:00 PM
 #14532

So you shoudn't be storing your XMR on an exchange if you don't want someone else to have control.  Pretty easy solution to your proclaimed centralization problem. lol

Fuck off.. You monero fanboys are starting to piss me off....

This is the biggest bullshit I seen since VRC did the rollback...

You guys are dying like vrc died too btw... get used to it.
what's the reason for so much angst in you?
Hilux74
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September 23, 2014, 09:41:21 PM
 #14533

So you shoudn't be storing your XMR on an exchange if you don't want someone else to have control.  Pretty easy solution to your proclaimed centralization problem. lol

Fuck off.. You monero fanboys are starting to piss me off....

This is the biggest bullshit I seen since VRC did the rollback...

You guys are dying like vrc died too btw... get used to it.

Actually fuck your own ass with your sisters fist...if I am a fanboy then my icon means I am Quark fanboy you twat...

But my answer to the non-issue above is just common sense.  Want access to your cash anytime then store it under your bed not in a bank...want access to you cryptocoin of choice store it in your fucking wallet not on an exchange.  By having your XMR BTC LTC ABC stored on an exchange you have given up control for convenience.

nsimmons
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September 23, 2014, 09:41:49 PM
 #14534

So you shoudn't be storing your XMR on an exchange if you don't want someone else to have control.  Pretty easy solution to your proclaimed centralization problem. lol

I am talking about a deposit. I'm only on the exchange long enough to trade and withdrawal.

Reading comprehension.

kitey
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September 23, 2014, 09:42:07 PM
 #14535

bitcad4u
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September 23, 2014, 09:43:25 PM
 #14536

not looking good for XMR... dang mang.
nsimmons
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September 23, 2014, 09:43:46 PM
 #14537

Well see, I understand if an exchange shuts down, for maintenance, attack, whatever. Or if there is a crisis on the network and coins are going missing. But what I am pissed off at, as should everyone else should be, is that a edict from on high has arbitrarily shut things down due to a threat.

No edict, just our recommendation. The centralized exchange used its centralized authority to decide to follow our recommendation.



Next time try a 24hour notice.

wxman
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September 23, 2014, 09:44:01 PM
 #14538

Bobsurplus
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September 23, 2014, 09:46:39 PM
 #14539



HAHAHAH.. You are one funny fucker.

For real though.. Wait till the sleeping world wakes up... Shits gonna get fucking ugly and quick..

I got my popcorn handy.. Good'ol buttery theater style popcorn... ouuuuuuweeeeeeee!
infofront
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September 23, 2014, 09:47:05 PM
 #14540

Time Warp attack, as widely expected. It could always be a diversion though.

https://www.youtube.com/watch?v=PD5Imb7vWSc
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