Bitcoin Forum
December 04, 2022, 07:39:27 PM *
News: Bitcointalk Community Awards
 
   Home   Help Search Login Register More  
Pages: « 1 ... 1245 1246 1247 1248 1249 1250 1251 1252 1253 1254 1255 1256 1257 1258 1259 1260 1261 1262 1263 1264 1265 1266 1267 1268 1269 1270 1271 1272 1273 1274 1275 1276 1277 1278 1279 1280 1281 1282 1283 1284 1285 1286 1287 1288 1289 1290 1291 1292 1293 1294 [1295] 1296 1297 1298 1299 1300 1301 1302 1303 1304 1305 1306 1307 1308 1309 1310 1311 1312 1313 1314 1315 1316 1317 1318 1319 1320 1321 1322 1323 1324 1325 1326 1327 1328 1329 1330 1331 1332 1333 1334 1335 1336 1337 1338 1339 1340 1341 1342 1343 1344 1345 ... 2188 »
  Print  
Author Topic: [XMR] Monero Speculation  (Read 3308080 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (2 posts by 1+ user deleted.)
KeyJockey
Hero Member
*****
Offline Offline

Activity: 608
Merit: 509



View Profile
December 24, 2016, 03:23:46 PM
Last edit: December 24, 2016, 04:01:20 PM by KeyJockey
 #25881


being stuck at 3.3 tx per second maybe allright for now but i feel that when the real big money moves in they will swat away the neckbeards core devs like mosquitos and replace them with with their own guys ......

a govt ,nation  or financial group  with deep pockets could simply buy up the mining farms and steer the project in the direction of their  liking ,if btc ends up being a valuable financial instrument for international trade the fiat used to buy  control over it at todays prices  will be insignifigant .........




the next few years will be interesting ,i like it both ways
im invested in honeybadger and honeypony but i think badger will rape the pony in the next 6 months  Tongue


Agreed, I'm in both too but currently pondering my BTC/XMR ratio and considering re-balance for the new year in light of recent positive tailwinds behind Monero.

But what you said above about the Big Money coming into BTC and sweeping away the neckbeards (LOL) makes a LOT of sense too, and I hadn't considered that angle before... so thanks for that.

I'm curious what your personal ratio/balance on Bitcoin/Monero is now?  And any other alts seem worthwhile to you, maybe MaidSafe?

P.S. {Edit}


people like greg who may be slowing down progress...


Hey man, where were *you* when *I* recently made an unintentional back-handed slight against Good Ol' Greg, over there in the other Monero thread?  LOL  I was *attacked* as an ignorant troll by some loyal defenders of the faith, so... careful brother, ya may bring 'em out here too, with your subversive talk like that Wink

- 1KeyJKVWVxdavKTetDJpQWdUaota5jbtX6 -
The trust scores you see are subjective; they will change depending on who you have in your trust list.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1670182767
Hero Member
*
Offline Offline

Posts: 1670182767

View Profile Personal Message (Offline)

Ignore
1670182767
Reply with quote  #2

1670182767
Report to moderator
Luxo
Newbie
*
Offline Offline

Activity: 46
Merit: 0


View Profile
December 25, 2016, 05:22:20 AM
 #25882

Sell orders keep decreasing and price of XMR is almost at 10$. With BTC calming down and Monero getting RingCT the 5th of January, feels like good times ahead!
bitwolf
Full Member
***
Offline Offline

Activity: 186
Merit: 100


View Profile
December 25, 2016, 05:47:33 AM
 #25883

Sell orders keep decreasing and price of XMR is almost at 10$. With BTC calming down and Monero getting RingCT the 5th of January, feels like good times ahead!
And if coinbase adds monero we gonna probably achieve 30$.
koryu
Hero Member
*****
Offline Offline

Activity: 683
Merit: 507



View Profile
December 25, 2016, 08:46:52 AM
 #25884

Merry xmas gentlemen :-)

I am really bullish right now, expecting leg up within next 24 hours and start of new weekly candle
cryptimus prime
Hero Member
*****
Offline Offline

Activity: 493
Merit: 551



View Profile
December 25, 2016, 10:33:55 AM
 #25885

If you are an XMR hodler I can recommend you this:
Read all the chinese rumours and interest on the XMR-reddit while listening to "Bruno Mars - Talking to the moon".  Grin
Shiroslullaby
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250



View Profile
December 25, 2016, 12:31:11 PM
 #25886

I'm pretty sure if Monero was listed on a single Chinese exchange, the price could easily double.
If it started trading heavily on some Chinese exchanges, a price of $20 to $30 seems like it could be possible.

CoinCidental
Legendary
*
Offline Offline

Activity: 1316
Merit: 1000


Si vis pacem, para bellum


View Profile
December 25, 2016, 01:13:07 PM
 #25887

I'm pretty sure if Monero was listed on a single Chinese exchange, the price could easily double.
If it started trading heavily on some Chinese exchanges, a price of $20 to $30 seems like it could be possible.

not every coin does well in china and im not sure why ...
they have a strange obsession with litecoin for some reason and rank it very highly
above most other coins
dEBRUYNE
Legendary
*
Offline Offline

Activity: 2268
Merit: 1141


View Profile
December 25, 2016, 02:35:13 PM
 #25888

Crosspost:

To all pool operators:

If you haven't already, you will need to update the node-cryptonote-util software in order for your pool to cross the january fork. I think many of the pool ops have done so already, but for those who are not in #monero-pools, you will need this patch: https://paste.fedoraproject.org/506116/17116821/

This applies to zone117x's version of the pool. There is a version of this ported to clintar's fork, which I don't have handy right now, but I will post it when I do is here: https://github.com/M5M400/node-cryptonote-util/commit/37f50f9b535f0258c3a1c6f7247a891b4c211ff3.

If you're not running this when the fork happens, you will be forked off.

For pool miners, you may want to check with your pool op that they're running the patch a few days before the fork, and switch to a known good pool otherwise. Please prefer smaller pools when doing so.


Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
sui_generis
Sr. Member
****
Offline Offline

Activity: 243
Merit: 250


View Profile
December 25, 2016, 04:16:41 PM
 #25889

I'm pretty sure if Monero was listed on a single Chinese exchange, the price could easily double.
If it started trading heavily on some Chinese exchanges, a price of $20 to $30 seems like it could be possible.

not every coin does well in china and im not sure why ...
they have a strange obsession with litecoin for some reason and rank it very highly
above most other coins


Probably translates to good fortune coin, or something else us gweilos wouldn't understand.
explorer
Legendary
*
Offline Offline

Activity: 2016
Merit: 1259



View Profile
December 25, 2016, 05:28:46 PM
 #25890

Merry Christmas people!  Did anybody else gift XMR? 
pereira4
Legendary
*
Offline Offline

Activity: 1610
Merit: 1181


View Profile
December 25, 2016, 05:42:41 PM
 #25891



I want to get back into Monero, I invested originally back in the day but eventually sold. It seems they are finally making it more user friendly with the GUI. But I still have problems with the scalability problem. Some people complain about Bitcoin's blockchain being too heavy but we already got it figured out with segwit, lightning network etc to scale for the next years. Now my question is, how is Monero going to deal with its blockchain which as far as I remember is a couple times heavier than Bitcoin or grows at a faster rate? Also how fast is Monero nowadays compared to Bitcoin?

I guess for its niche that is not an important but its still good to know how thinks are going to be dealt with in the future.

Yes, blockchain will be bigger, but I dont see many people complaining about BTC blockchain size - it's the block size and subsuquent congestion that is the real issue, and we have that covered with adptive blocksizes, so we will never have to have the debate that is going on with BTC now. At the end of the day its just data storage, and the price paid for XMR privacy is a bigger chain. Sure, that will likely lead to more node centralisation in the future, but that seems an unavoidable part of this tech.

AFAIK, and from what I have read, there is absolutely no reason why the 2nd layer solutions being proposed for BTC cannot  be applied to XMR in due course, so I don't see any problems there tbh. It's not like we need them yet, and the tech will be more mature by the time we do.

Pure speculation : As the Aeon project has been taken on by Smooth, is part of the monero stack exchange,  and XMR tech is going to be implemented there in due course, it would not surprise me to see Aeon playing a role in XMR's future as a slightly less private, but very related coin that one could keep smaller balances in for day to day stuff. It is a 'lighter' version of Cryptonote and intended to be mobile-friendly, with some compromise on privacy levels to achieve that. That may play a part in scaling too ...
EDIT : Disclosure - yes I have bought a bunch purely on the basis that Smooth is involved, it looks like it will be developed alongside XMR, and its being virtually given away at the moment ...

Centralized nodes will happen only if the blocksize is too big for the average computer a particular time. Like right now, 1 MB seems like a good enough sweet spot to keep for Bitcoin. On top of this, you can build a second layer and still be safe with a network core that remains decentralized.

Now, if the blocksize is too big, it doesn't matter what you build on top, you are already fucked since the network is centralized, therefore all the anonymous technology is useless.

So I would say that a conservative blockchain sized BTC + LN is more secure than XMR with a centralizing tier blocksize...
KeyJockey
Hero Member
*****
Offline Offline

Activity: 608
Merit: 509



View Profile
December 25, 2016, 06:18:17 PM
 #25892

Hmm, small update here on my blockchain-on-Mac using new GUI... more weirdness

It's now at about 690,000 out of 1,200,000 so a little more than halfway.

SO still very slow but, yeah, still plodding along, hopefully will be done before the new year? LOL

Anyway the weird thing is the blockchain/database file on disk seems to NOT have been updated in over a day!

It's now Dececember 25th (Merry Christmas, everyone!) and the date/time stamp on my DATA.MDB file in the hidden .bitmonero folder is 12/23 at 10pm... while the GUI wallet's LOG file IS timestamped up to date, being last written to just a minute ago.

So...?  Is this normal?  *Everything* is just holding in RAM for so long OR shouldn't it be hitting the disk more often?

I can't seem to shake the idea that something's just OFF here with this... doesn't seem *quite* right even IF it's just that I have an older/slower MacBook.

P.S. Sorry to be posting this here but really not sure where else would be better.  The stackexchange maybe after it's "solved" but I'm looking for input or experience from other users who may have seen something like this before, and I think THIS thread is the most active place for Monero People on the 'net, isn't it?  I keep this thread open in a tab always on all my computers LOL

- 1KeyJKVWVxdavKTetDJpQWdUaota5jbtX6 -
GingerAle
Legendary
*
Offline Offline

Activity: 1246
Merit: 1008


View Profile WWW
December 25, 2016, 06:26:29 PM
 #25893

Key jockey , reddit is also active. And the main Ann thread gets a lot of activity too.

Re centralization due to block size and subsequent database storage, there are so many ways to create countermeasures to this that I don't view it as a concern.

< Track your bitcoins! > < Track them again! > <<< [url=https://www.reddit.com/r/Bitcoin/comments/1qomqt/what_a_landmark_legal_case_from_mid1700s_scotland/] What is fungibility? >>> 46P88uZ4edEgsk7iKQUGu2FUDYcdHm2HtLFiGLp1inG4e4f9PTb4mbHWYWFZGYUeQidJ8hFym2WUmWc p34X8HHmFS2LXJkf <<< Free subdomains at moneroworld.com!! >>> <<< If you don't want to run your own node, point your wallet to node.moneroworld.com, and get connected to a random node! @@@@ FUCK ALL THE PROFITEERS! PROOF OF WORK OR ITS A SCAM !!! @@@@
LennyCarl
Full Member
***
Offline Offline

Activity: 176
Merit: 108


View Profile
December 25, 2016, 06:37:50 PM
 #25894

Merry Christmas people!  Did anybody else gift XMR? 


I did. Sent a handful each to my brothers (via Mymonero). They have no idea what it is. I just said to forget about it and I'll remind them to check the value in a year or two...

I plan to tell them to install the GUI and store them in there ...
pa
Hero Member
*****
Offline Offline

Activity: 527
Merit: 501


View Profile
December 25, 2016, 07:29:41 PM
 #25895

Hmm, small update here on my blockchain-on-Mac using new GUI... more weirdness

It's now at about 690,000 out of 1,200,000 so a little more than halfway.

SO still very slow but, yeah, still plodding along, hopefully will be done before the new year? LOL

Anyway the weird thing is the blockchain/database file on disk seems to NOT have been updated in over a day!

It's now Dececember 25th (Merry Christmas, everyone!) and the date/time stamp on my DATA.MDB file in the hidden .bitmonero folder is 12/23 at 10pm... while the GUI wallet's LOG file IS timestamped up to date, being last written to just a minute ago.

So...?  Is this normal?  *Everything* is just holding in RAM for so long OR shouldn't it be hitting the disk more often?

I can't seem to shake the idea that something's just OFF here with this... doesn't seem *quite* right even IF it's just that I have an older/slower MacBook.

P.S. Sorry to be posting this here but really not sure where else would be better.  The stackexchange maybe after it's "solved" but I'm looking for input or experience from other users who may have seen something like this before, and I think THIS thread is the most active place for Monero People on the 'net, isn't it?  I keep this thread open in a tab always on all my computers LOL

I haven't tried to sync from scratch using the GUI but did notice that synching the last couple of weeks of blocks took longer than expected. This is on a Mac OSX 10.12.1 with 16GB RAM & SSD.
bbc.reporter
Legendary
*
Offline Offline

Activity: 2408
Merit: 1135



View Profile
December 25, 2016, 09:25:34 PM
 #25896

I'm pretty sure if Monero was listed on a single Chinese exchange, the price could easily double.
If it started trading heavily on some Chinese exchanges, a price of $20 to $30 seems like it could be possible.

not every coin does well in china and im not sure why ...
they have a strange obsession with litecoin for some reason and rank it very highly
above most other coins


Not every coin but Monero is beginning to take itself apart from most of the cryptocoins and it is already showing the signs that it could be something big. So I agree with Shiro but expect the swings to be larger than usual when China starts trading XMR. If you do not believe me, just look at bitcoin.

▄▄███▄
▄▄████▀▄▄██▄▄
▄▄████▀▄▄███████▀▄▄
▄▄████▀▄▄███████▀▄▄████▄▄
▄██▀▀▀▄▄█████▀▀▀▄▄█████▀▀▀██▄
███   ███████   ███████   ███
███████████████████▀▄▄█████
████████████████▀▄▄████████
▀████████████▀▄▄███████████▀
▀███████▀▄▄███████████▀
▀████████████▀▀
▀▀███████▀▀
▀███▀▀



    ▄▄▄▄      ▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄▄▄▄  ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄   ▄▄▄▄  ▄▄▄▄▄▄▄▄▄▄▄▄▄  ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
   ██████▄   ▐███▌  ██████████████ ▄█████████████▌  ███████████████ ████▌ ██████████████▌  ██████████████
  ▐████████▄ ████  ▐████▄▄▄▄▄▄▄   ▐████     ▐████  ▐████▌     ████▌▐████ ▐████      ▀▀▀▀  ▐█████▄▄▄▄▄▄
  ████▌▀████████▌  ████▀▀▀▀▀▀▀    ████▌     ████▌  █████     ▐███▌ ████▌ ████▌     ▄▄▄▄   █████▀▀▀▀▀▀
 ▐████   ▀██████  ▐█████████████ ▐██████████████  ▐█████████████▀ ▐████ ▐█████████████▀  ▐█████████████
▐███▀      ▀▀▀▀   ▀▀▀▀▀▀▀▀▀▀▀▀▀   ▀▀▀▀▀▀▀▀▀▀▀▀    ▀▀▀▀▀▀▀▀▀▀▀▀▀   ███▀   ▀▀▀▀▀▀▀▀▀▀▀▀    ▀▀▀▀▀▀▀▀▀▀▀▀▀
▀                                                               
⬤ 
⬤ 
.
BTC
LTC
.
BCH
DOGE
.
.EARN FREE BTC.
▄▄█████████████▄▄
█████████████████████
████████████████████████
PROVABLY FAIR
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

▀▀▀▀▀▀▀▀▀▀▀▀▀
Whtwabbit
Sr. Member
****
Offline Offline

Activity: 490
Merit: 266



View Profile
December 25, 2016, 09:39:37 PM
 #25897

I'm pretty sure if Monero was listed on a single Chinese exchange, the price could easily double.
If it started trading heavily on some Chinese exchanges, a price of $20 to $30 seems like it could be possible.

not every coin does well in china and im not sure why ...
they have a strange obsession with litecoin for some reason and rank it very highly
above most other coins


I remember last Litecoin bubble, someone said they don't trust the bitcoin hash algorithm  (not sure of the technical details) Bitcoin has a government created one and Litecoin was less likely to have a backdoor, something like that anyway


██████████
█████████████████
██████████████████████
█████████████████████████
████████████████████████████
████
████████████████████████
█████
███████████████████████████
█████
███████████████████████████
██████
████████████████████████████
██████
████████████████████████████
██████
████████████████████████████
██████
███████████████████████████
██████
██████████████████████████
█████
███████████████████████████
█████████████
██████████████
████████████████████████████
█████████████████████████
██████████████████████
█████████████████
██████████

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
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
pa
Hero Member
*****
Offline Offline

Activity: 527
Merit: 501


View Profile
December 26, 2016, 08:41:41 AM
 #25898

Not every coin but Monero is beginning to take itself apart from most of the cryptocoins and it is already showing the signs that it could be something big. So I agree with Shiro but expect the swings to be larger than usual when China starts trading XMR. If you do not believe me, just look at bitcoin.

Yes, most altcoins are playmoney for whales and traders to gain more bitcoins, Monero (besides not being an altcoin) is one of the rare few its worth to hodl and use.

If my wife didn't object so strongly I'd be using our bitcoin as playmoney to gain more monero. Instead, I hodl both, but prefer moneroj because of its better privacy & fungibility. I'm loathe to spend bitcoin on anything else but moneroj. If Monero's liquidity and real world usage increases over the next few years  to where Bitcoin is now, I'd have no reason at all to hold Bitcoin, except as a hedge for black swan risks.

@KeyJockey: full sync from scratch using GUI took 5.5 hours on recent Mac with SSD.
bitebits
Legendary
*
Offline Offline

Activity: 2112
Merit: 2542


Flippin' burgers since 1163.


View Profile
December 26, 2016, 11:43:37 AM
 #25899

Is there a good Android wallet for XMR at this point, or even better is there a way to move it to cold storage and know the private key and also be able to check the balance somehow on the "blockchain"?   

Sorry if this is a dumb question that doesn't make sense, but I have some XMR on an exchange and just trying to figure out the best way to move it off of there and secure it.  I want to be able to extract the private key for sure though, without anyone else having access to it.

https://getmonero.org/knowledge-base/user-guides/Offline_Backup


- You can figure out what will happen, not when /Warren Buffett
- Pay any Bitcoin address privately with a little help of Monero.
dEBRUYNE
Legendary
*
Offline Offline

Activity: 2268
Merit: 1141


View Profile
December 26, 2016, 11:50:50 AM
 #25900

Is there a good Android wallet for XMR at this point, or even better is there a way to move it to cold storage and know the private key and also be able to check the balance somehow on the "blockchain"?  

Sorry if this is a dumb question that doesn't make sense, but I have some XMR on an exchange and just trying to figure out the best way to move it off of there and secure it.  I want to be able to extract the private key for sure though, without anyone else having access to it.

https://getmonero.org/knowledge-base/user-guides/Offline_Backup



To add, this guide is based on that link:

https://www.reddit.com/r/Monero/comments/48cgmd/an_extensive_guide_for_securely_generating_an/

To check the balance:

https://www.reddit.com/r/Monero/comments/58fg8g/steps_to_verify_balance_of_a_cold_wallet_while/

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
Pages: « 1 ... 1245 1246 1247 1248 1249 1250 1251 1252 1253 1254 1255 1256 1257 1258 1259 1260 1261 1262 1263 1264 1265 1266 1267 1268 1269 1270 1271 1272 1273 1274 1275 1276 1277 1278 1279 1280 1281 1282 1283 1284 1285 1286 1287 1288 1289 1290 1291 1292 1293 1294 [1295] 1296 1297 1298 1299 1300 1301 1302 1303 1304 1305 1306 1307 1308 1309 1310 1311 1312 1313 1314 1315 1316 1317 1318 1319 1320 1321 1322 1323 1324 1325 1326 1327 1328 1329 1330 1331 1332 1333 1334 1335 1336 1337 1338 1339 1340 1341 1342 1343 1344 1345 ... 2188 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!