|
americanpegasus
|
 |
February 25, 2016, 01:02:28 AM |
|
because the webwallet can be monitored (probably) by the hosts and therefore frozen in case of emergency like some kind of governement interference.
MyMonero coins can't be frozen because if MyMonero refuses to let you use them (or shuts down), you can import your private keys (via the seed) to another wallet. Coins that are deposited on a centralized exchange can be frozen. Any chance to have this functionality in the GUI? It would make things ultra easy. |
Account is back under control of the real AmericanPegasus.
|
|
|
dEBRUYNE
Legendary
 Offline
Activity: 2268
Merit: 1141
|
|
February 25, 2016, 01:04:16 AM |
|
because the webwallet can be monitored (probably) by the hosts and therefore frozen in case of emergency like some kind of governement interference.
MyMonero coins can't be frozen because if MyMonero refuses to let you use them (or shuts down), you can import your private keys (via the seed) to another wallet. Coins that are deposited on a centralized exchange can be frozen. Any chance to have this functionality in the GUI? It would make things ultra easy. You could make an "idea" thread on the getmonero forum. The "idea" could be to finalize the MyMonero conversion code and one of the contributors could pick it up. |
|
|
|
dEBRUYNE
Legendary
Offline
Activity: 2268
Merit: 1141
|
|
February 25, 2016, 02:02:40 AM |
|
FWIW the wall is back and is at 185.
Pushing out the last few weak hands before a violent break out upwards? Furthermore, selling volume is also declining which tells me the bears are running out of steam. Hey - I hate to say it, but volume has declined on both sides. It's about a third of what it was just a few days back. And you can't say that of the two other coins ahead of us on Polo, sadly. I hope we do break upwards, of course - but The t/o of ETH is so strong that it's plain there is no lack of funds in Polo just now. I was expecting a rise up as BTC fell back - it seems it isn't happening just yet. Am hodling a fair stash and in for the long term, still buying dips - but even nudging just under 0.002 would feel a hell of a lot better right now. That's pretty normal for a retrace going into a consolidation. It also means buyers might have to move up their bids or marketbuy, because the sellers are getting exhausted. In other words, the amount of coins up for grabbing by simply putting bids is getting more scarce. Furthermore, I am kind of certain that volume will increase once we move upwards, because Poloniex traders will simply jump on it and "ride the wave". With respect to TA: -4h MACD is flipping into green. -The short term downtrend line / triangle lies around ~180k (the upper line), so that might be closing soon. Furthermore, there is still strong support in the 165k-170k, because (i) it has been tested multiple times on high volume and (ii) it's approximately the 61.8% retracement level from the surge of 120k to 246k. EDIT: Some visualization:  Your optimism looks well-founded today. XMR volume and price up, while ETH and DASH slipping. Nice. Seems like I might the right call here. Next resistances are ~210k and the 235k-246k zone. 12h MACD probably needs one more green candle to flip to green. |
|
|
|
smooth (OP)
Legendary
Offline
Activity: 2968
Merit: 1198
|
|
February 25, 2016, 02:06:49 AM |
|
because the webwallet can be monitored (probably) by the hosts and therefore frozen in case of emergency like some kind of governement interference.
MyMonero coins can't be frozen because if MyMonero refuses to let you use them (or shuts down), you can import your private keys (via the seed) to another wallet. Coins that are deposited on a centralized exchange can be frozen. Any chance to have this functionality in the GUI? It would make things ultra easy. There is some issue with merging the MyMonero seed import code that I don't understand, but code exists on github, available to be used in an emergency. However, a readily available workaround is to create a wallet with simplewallet first, then use the same seed on MyMonero. At that point you have a wallet that can directly accessed with both methods (MyMonero for convenience, simplewallet or another wallet if necessary). I'm sure this method will work with the GUI as well. I think the offline paper wallet generator (URL?) can also be used to create a fully portable wallet. |
|
|
|
|
|
Bassica
|
|
February 25, 2016, 02:21:00 AM |
|
Yeah sorry, it's definite now. No more cheap coins, you had your chance. Here come the 30's.
|
|
|
|
|
|
tifozi
|
|
February 25, 2016, 02:25:58 AM |
|
Yeah sorry, it's definite now. No more cheap coins, you had your chance. Here come the 30's.
Expect to see walls and resistance forming now though. It isn't necessarily a FOMO zone. Edit: Just saw a small wall get eaten, so maybe there is some incoming volume. |
|
|
|
|
iCEBREAKER
Legendary
Offline
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
|
|
February 25, 2016, 03:04:32 AM |
|
Yeah sorry, it's definite now. No more cheap coins, you had your chance. Here come the 30's.
People are beginning to understand how multisig+RingCT+GUI will transform quiet, sleepy Monero Mountain into a bustling boomtown. |
██████████
██████████████████
██████████████████████
██████████████████████████
████████████████████████████
██████████████████████████████
████████████████████████████████
████████████████████████████████
██████████████████████████████████
██████████████████████████████████
██████████████████████████████████
██████████████████████████████████
██████████████████████████████████
████████████████████████████████
██████████████
██████████████
████████████████████████████
██████████████████████████
██████████████████████
██████████████████
██████████
Monero
|
| "The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." David Chaum 1996
"Fungibility provides privacy as a side effect." Adam Back 2014
|
| | |
|
|
|
BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1116
|
|
February 25, 2016, 03:15:14 AM |
|
Yeah sorry, it's definite now. No more cheap coins, you had your chance. Here come the 30's.
People are beginning to understand how multisig+RingCT+GUI will transform quiet, sleepy Monero Mountain into a bustling boomtown. How will it compare to/compete with multilsig+CT+CoinJoin? |
Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
|
|
|
smooth (OP)
Legendary
Offline
Activity: 2968
Merit: 1198
|
|
February 25, 2016, 03:20:33 AM |
|
Yeah sorry, it's definite now. No more cheap coins, you had your chance. Here come the 30's.
People are beginning to understand how multisig+RingCT+GUI will transform quiet, sleepy Monero Mountain into a bustling boomtown. How will it compare to/compete with multilsig+CT+CoinJoin? Coinjoin can't be done without reliance on some some sort of coordinating process and counterparties. |
|
|
|
|
iCEBREAKER
Legendary
Offline
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
|
|
February 25, 2016, 03:26:22 AM |
|
Yeah sorry, it's definite now. No more cheap coins, you had your chance. Here come the 30's.
People are beginning to understand how multisig+RingCT+GUI will transform quiet, sleepy Monero Mountain into a bustling boomtown. How will it compare to/compete with multilsig+CT+CoinJoin? That's mostly an empirical question in the sense of their respective market responses. But in theory, (assuming Bitcoin gets sidechains and CT) Monero will have some advantages. EG https://github.com/monero-project/kovri. I'm not sure if/how a BTC CT sidechain would support multisig. Answer might be here: https://people.xiph.org/~greg/confidential_values.txtAFAIK, CoinJoin isn't really competitive with ring sigs in the anon space, as it entails counterparty risk. |
██████████
██████████████████
██████████████████████
██████████████████████████
████████████████████████████
██████████████████████████████
████████████████████████████████
████████████████████████████████
██████████████████████████████████
██████████████████████████████████
██████████████████████████████████
██████████████████████████████████
██████████████████████████████████
████████████████████████████████
██████████████
██████████████
████████████████████████████
██████████████████████████
██████████████████████
██████████████████
██████████
Monero
|
| "The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." David Chaum 1996
"Fungibility provides privacy as a side effect." Adam Back 2014
|
| | |
|
|
|
BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1116
|
|
February 25, 2016, 03:31:11 AM |
|
Rootstock. CoinJoin. Being a Bitcoin Maximalist takes some stretching.  |
Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
|
|
|
smooth (OP)
Legendary
Offline
Activity: 2968
Merit: 1198
|
|
February 25, 2016, 03:35:26 AM
Last edit: February 25, 2016, 03:45:44 AM by smooth |
|
Rootstock. CoinJoin. Being a Bitcoin Maximalist takes some stretching.  |
|
|
|
|
wpalczynski
Legendary
Offline
Activity: 1456
Merit: 1000
|
|
February 25, 2016, 03:37:46 AM |
|
Damn.. so thats how DASH masternodes work.
|
|
|
|
TrueCryptonaire
Legendary
Offline
Activity: 1092
Merit: 1000
|
|
February 25, 2016, 04:22:55 AM |
|
The rates to short Monero are very low now. If you are a bear and feel inclined to short it, please do so. I have plenty of unemployed coins waiting to collect dust into my wallet.  |
|
|
|
|
explorer
Legendary
Offline
Activity: 2016
Merit: 1259
|
|
February 25, 2016, 04:23:04 AM |
|
Damn.. so thats how DASH masternodes work.
Where's the monkey? I don't see the monkey... |
|
|
|
|
|
bakedrice
|
|
February 25, 2016, 06:15:40 AM |
|
XMR is the best anon currently available! Buying a ton of it a little birdy told me she's pumping next month. Think it'll get to 1000 BTC per XMR.
|
|
|
|
TrueCryptonaire
Legendary
Offline
Activity: 1092
Merit: 1000
|
|
February 25, 2016, 06:45:43 AM |
|
XMR is the best anon currently available! Buying a ton of it a little birdy told me she's pumping next month. Think it'll get to 1000 BTC per XMR.
Apparently you are setting boundaries to the upside. Please bear in the mind the community is not selling in the need of money but helping the people outside of M8nero community to get at least a tiny share of the digital gold. |
|
|
|
|
meme magic
Member
Offline
Activity: 115
Merit: 10
|
|
February 25, 2016, 07:27:25 AM |
|
XMR is the best anon currently available! Buying a ton of it a little birdy told me she's pumping next month. Think it'll get to 1000 BTC per XMR.
Apparently you are setting boundaries to the upside. Please bear in the mind the community is not selling in the need of money but helping the people outside of M8nero community to get at least a tiny share of the digital gold. If XMR hit USD 400000 each I can assure you I will be a seller. |
|
|
|
|
|
|
smooth (OP)
Legendary
Offline
Activity: 2968
Merit: 1198
|
|
February 25, 2016, 07:52:18 AM |
|
XMR is the best anon currently available! Buying a ton of it a little birdy told me she's pumping next month. Think it'll get to 1000 BTC per XMR.
Apparently you are setting boundaries to the upside. Please bear in the mind the community is not selling in the need of money but helping the people outside of M8nero community to get at least a tiny share of the digital gold. If XMR hit USD 400000 each I can assure you I will be a seller. Think of all the coins that would be lost forever when their owners overdose on coke. Self-reinforcing scarcity. |
|
|
|
|
|
