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Author Topic: [XMR] Monero Speculation  (Read 3195756 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 2 users deleted.)
aminorex
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February 15, 2018, 04:00:22 PM
 #36821

BTC should see strong resistance at 10kUSD, which seems like a good time for XMRBTC to rise, since XMRUSD has no correlated psychological line.

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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pinkman12345
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February 15, 2018, 04:24:54 PM
 #36822

BTC should see strong resistance at 10kUSD, which seems like a good time for XMRBTC to rise, since XMRUSD has no correlated psychological line.
I believe that XMR will surprise us in next coming weeks, the market has been holding the pressure too good, now its time to catch up some actions.

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February 15, 2018, 05:56:02 PM
 #36823

Ledger Nano S has dropped to £89 and seems in stock at amazon.

I wonder if a new version is coming?



I got two on black Friday for I think it was 120 eur.   After that price went up a lot. Nov-Jan was crypto madness. I am sure they simply run out of wallets.

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Anon136
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February 15, 2018, 06:01:07 PM
 #36824

The dev team has hired security researchers to and are also themselves looking into the claims about mymonero.com. It could just be fud but they received enough complaints to look into it more deeply. For now though I would just avoid it to be safe. The hardware wallet will be here soon and it is supposed to only be $30 dollars. Using that and connecting to a remote node will be the way to go in the near future if you do not wish to run a full node.


how come ppl losing their xmr almost everyday at your official online wallet there Huh
If it is really happening, smart people are looking into it but they havn't found any vulnerabilities yet.


and what the fuzz about monerov Huh  is it good coin Huh  

i thinking about buying alot of it if they provide good solution toward monero's shortfall... u know Monero Enterprise alliance and stuff...  it sound like a centralization.
Unless MoneroV implements this suggestion by one of our devs
Quote
Forkers, if you're forking Monero, DO NOT ask users to reuse their Monero keys, but have them create new keys for your fork.
Than they will have to be considered either attackers or grossly incompetent. Also their roadmap paper is riddled with inaccuracies and faulty logic. And considering that they are minting themselves 10% of the currency supply in this fork as some sort of purported "solution" to some sort of "problem" in monero, I think it's not very hard to guess at their true motivations. Whatever the case I wouldn't bother with them myself.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
fromholland
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February 15, 2018, 06:03:31 PM
 #36825

The dev team has hired security researchers to and are also themselves looking into the claims about mymonero.com. It could just be fud but they received enough complaints to look into it more deeply. For now though I would just avoid it to be safe. The hardware wallet will be here soon and it is supposed to only be $30 dollars. Using that and connecting to a remote node will be the way to go in the near future if you do not wish to run a full node.
I'm still waiting for the Ledger adding.

Anon136
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February 15, 2018, 06:09:08 PM
Merited by fromholland (1)
 #36826

They claim that their coins were stolen. The same way I could claim they are lying about this to FUD monero. They can't prove I am wrong and I can't prove they are wrong.

I haven't heard from any credible member who got his coins stolen from mymonero. Most often rather new accounts are claiming their monero got stolen.
What if a few trusted members of the community went fishing? We could all put small amounts of monero on the web wallet and see if we could get anyone reliable to confirm the thefts. Any other legendaries who are long time veterans of this thread interested?

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
explorer
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February 15, 2018, 07:40:54 PM
 #36827

https://www.reddit.com/r/Monero/comments/7xptw2/watch_out_for_mymonerocom_my_funds_got_stolen_on/

 Shocked Shocked Shocked

 how come ppl losing their xmr almost everyday at your official online wallet there Huh

and what the fuzz about monerov Huh  is it good coin Huh 


i thinking about buying alot of it if they provide good solution toward monero's shortfall... u know Monero Enterprise alliance and stuff...  it sound like a centralization.

Yes, you should buy all 250 billion of them.  I know you have a fondness for premines and inferior tech.
explorer
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February 15, 2018, 07:42:32 PM
 #36828

Seems like Soros is speculating on crypto now.
Watch out when he does his famous "shorting the bank of ..." activities.

https://www.cnbc.com/2018/02/15/george-soros-fund-buys-stock-of-cryptocurrency-play-overstock-com.html

Good!

He was right to dump FB. It's toxic.

Privacy wise too, their 'Facebook Protec' feature is a vile violation of privacy.

As soon as https://www.forbes.com/sites/quora/2018/02/14/what-is-general-data-protection-regulation/ is in place I'm going to execute a delete on my FB profile.

I did that more than a decade ago, and it took 2 years and threats of legal action to make it actually go away...
Globb0
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February 15, 2018, 08:46:04 PM
 #36829

Seems like Soros is speculating on crypto now.
Watch out when he does his famous "shorting the bank of ..." activities.

https://www.cnbc.com/2018/02/15/george-soros-fund-buys-stock-of-cryptocurrency-play-overstock-com.html

Good!

He was right to dump FB. It's toxic.

Privacy wise too, their 'Facebook Protec' feature is a vile violation of privacy.

As soon as https://www.forbes.com/sites/quora/2018/02/14/what-is-general-data-protection-regulation/ is in place I'm going to execute a delete on my FB profile.

I did that more than a decade ago, and it took 2 years and threats of legal action to make it actually go away...

GDPR includes the right to be forgotten


Don't complain about the floods, floods happen. Be a boatbuilder.
explorer
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February 15, 2018, 09:33:53 PM
 #36830

Seems like Soros is speculating on crypto now.
Watch out when he does his famous "shorting the bank of ..." activities.

https://www.cnbc.com/2018/02/15/george-soros-fund-buys-stock-of-cryptocurrency-play-overstock-com.html

Good!

He was right to dump FB. It's toxic.

Privacy wise too, their 'Facebook Protec' feature is a vile violation of privacy.

As soon as https://www.forbes.com/sites/quora/2018/02/14/what-is-general-data-protection-regulation/ is in place I'm going to execute a delete on my FB profile.

I did that more than a decade ago, and it took 2 years and threats of legal action to make it actually go away...

GDPR includes the right to be forgotten



North America - unaffected.  They probably still have it stored away, but at least it doesn't come up on public searches.
cAPSLOCK
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UNLEASH THE FURY!


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February 16, 2018, 12:07:08 AM
 #36831

BTC should see strong resistance at 10kUSD, which seems like a good time for XMRBTC to rise, since XMRUSD has no correlated psychological line.

Playing out this way...
paratox
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February 16, 2018, 12:15:06 AM
Last edit: February 16, 2018, 12:40:15 AM by paratox
 #36832

https://www.reddit.com/r/Monero/comments/7xptw2/watch_out_for_mymonerocom_my_funds_got_stolen_on/

 Shocked Shocked Shocked

 how come ppl losing their xmr almost everyday at your official online wallet there Huh

and what the fuzz about monerov Huh  is it good coin Huh  


i thinking about buying alot of it if they provide good solution toward monero's shortfall... u know Monero Enterprise alliance and stuff...  it sound like a centralization.

They claim that their coins were stolen. The same way I could claim they are lying about this to FUD monero. They can't prove I am wrong and I can't prove they are wrong.

I haven't heard from any credible member who got his coins stolen from mymonero. Most often rather new accounts are claiming their monero got stolen.

I have been very lax on security measures with a few mymonero wallets just to see if someone is gonna steal them. Nothing got stolen in the past 2 years.

The main takeaway is, don't trust webwallets with any coin. It is not like people ever stated that webwallets are secure.  It is just reckless behaviour on the side of the user to use them anyway . There are more secure alternatives available.


I'm sure there are a few Fudders but due to the shear volume of accounts hacked I doubt it is all bullshit/phishing or poor SECOP. I believe I know what it is but I've warned of it for years and no-one has taken me serious so whatever I could care at this point. Using any Webwallet for any amount your not prepared to lose is dumb, there have been credible members that have lost coins years ago and warned the community so if people don't listen then thats their problem. Also I see a concerted effort to keep these reports shuffled away and ignored. I have never seen an official release of proof of any investigation and/or resolution to even one theft. I think Birr has been waiting for 2 years for an explanation other than we don't keep logs.

I can't remember what it was you warned about. Are you talking about the theory that cloudfare could be responsible for the thefts? Seems like there was a short discussion about this possibility at reddit a couple of weeks ago -
 https://www.reddit.com/r/Monero/comments/7tc3za/a_theory_regarding_the_randomly_reported_thefts/

I went through past posts about the thefts and you are indeed right, there were some credible members who got a lot of money stolen from their mymonero wallet.

Maybe closing down mymonero wouldn't be a bad idea at this point in time? If I remember correctly, Fluffy already suggested to do this in the past, but some people were against it. But now we have more options for storage and with the impending release of the "official" android/iOs/hardware wallets, mymonero wont be needed anymore (IMO).


aminorex
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February 16, 2018, 12:39:06 AM
 #36833

BTC should see strong resistance at 10kUSD, which seems like a good time for XMRBTC to rise, since XMRUSD has no correlated psychological line.

Playing out this way...

So far, but .03 xmrbtc has been a strong resistance level, with only short, false breakouts.  Once again, into the fray!  With BTC 10k, that means xmr 300 is an emerging psychological line.  Pop that and we should rise steadily to 400 again.

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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February 16, 2018, 12:46:10 AM
 #36834

https://www.reddit.com/r/Monero/comments/7xptw2/watch_out_for_mymonerocom_my_funds_got_stolen_on/

 Shocked Shocked Shocked

 how come ppl losing their xmr almost everyday at your official online wallet there Huh

and what the fuzz about monerov Huh  is it good coin Huh  


i thinking about buying alot of it if they provide good solution toward monero's shortfall... u know Monero Enterprise alliance and stuff...  it sound like a centralization.

They claim that their coins were stolen. The same way I could claim they are lying about this to FUD monero. They can't prove I am wrong and I can't prove they are wrong.

I haven't heard from any credible member who got his coins stolen from mymonero. Most often rather new accounts are claiming their monero got stolen.

I have been very lax on security measures with a few mymonero wallets just to see if someone is gonna steal them. Nothing got stolen in the past 2 years.

The main takeaway is, don't trust webwallets with any coin. It is not like people ever stated that webwallets are secure.  It is just reckless behaviour on the side of the user to use them anyway . There are more secure alternatives available.


I'm sure there are a few Fudders but due to the shear volume of accounts hacked I doubt it is all bullshit/phishing or poor SECOP. I believe I know what it is but I've warned of it for years and no-one has taken me serious so whatever I could care at this point. Using any Webwallet for any amount your not prepared to lose is dumb, there have been credible members that have lost coins years ago and warned the community so if people don't listen then thats their problem. Also I see a concerted effort to keep these reports shuffled away and ignored. I have never seen an official release of proof of any investigation and/or resolution to even one theft. I think Birr has been waiting for 2 years for an explanation other than we don't keep logs.

I can't remember what it was you warned about. Are you talking about the theory that cloudfare could be responsible for the thefts? Seems like there was a short discussion about this possibility at reddit a couple of weeks ago -
 https://www.reddit.com/r/Monero/comments/7tc3za/a_theory_regarding_the_randomly_reported_thefts/

I went through past posts about the theft and you are indeed right, there were some credible members who lost a lot of money due to usage of mymonero.

Maybe closing down mymonero wouldn't be a bad idea at this point in time? If I remember correctly, Fluffy already suggested to do this in the past, but some people were against it. But now we have more options for storage and with the impending release of the "official" android/iOs/hardware wallets, mymonero wont be needed anymore (IMO).




I think it's a good idea to have a web wallet, but a bad idea to use it for large sums.  Those days passed right around the time of the higher profile big losses with the Hydrogen Helix release.  There is less need for it now that we have a usable/improving GUI, and multiple mobile options fulfilling similar needs.  AFAIK mymonero is working on their own mobile app.  It cuts out some attack vectors, but still requires vigilance.  Complacency kills.

  I haven't seen anything on 'official mobile wallets'...
noobtrader
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February 16, 2018, 01:57:31 AM
 #36835


Yes, you should buy all 250 billion of them.  I know you have a fondness for premines and inferior tech.

awww.....  

so salty....   Grin  Cheesy Cheesy Cheesy


Unless MoneroV implements this suggestion by one of our devs
Quote
Forkers, if you're forking Monero, DO NOT ask users to reuse their Monero keys, but have them create new keys for your fork.
Than they will have to be considered either attackers or grossly incompetent. Also their roadmap paper is riddled with inaccuracies and faulty logic. And considering that they are minting themselves 10% of the currency supply in this fork as some sort of purported "solution" to some sort of "problem" in monero, I think it's not very hard to guess at their true motivations. Whatever the case I wouldn't bother with them myself.

ok... thanks for the info, in that case you guys really should react as it was an attack, what if  black hat was paid to create this mess ? no amount of begging from your part will make them change it.

"...I suspect we need a better incentive for users to run nodes instead of relying solely on altruism...",  satoshi@vistomail.com
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February 16, 2018, 02:23:39 AM
 #36836

ok... thanks for the info, in that case you guys really should react as it was an attack, what if  black hat was paid to create this mess ? no amount of begging from your part will make them change it.
No I don't think so personally. They are just highlighting a hairy problem that was always out there and needs to be addressed. It isn't reasonable to expect no one to ever fork our blockchain. Not if we hope to be one of the big players going forward.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
Millionero
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February 16, 2018, 04:22:59 AM
 #36837

ok... thanks for the info, in that case you guys really should react as it was an attack, what if  black hat was paid to create this mess ? no amount of begging from your part will make them change it.
No I don't think so personally. They are just highlighting a hairy problem that was always out there and needs to be addressed. It isn't reasonable to expect no one to ever fork our blockchain. Not if we hope to be one of the big players going forward.
Woulda been nice if the fork had a feature to let you choose inputs to match the inputs in the corresponding transaction on the original chain.  Can't expect forkers to be forward-thinking and responsible, though.  Altruism?  In a fork of a major coin?  Before that happens, Roger Ver will ascend to heaven on a white horse.
Would it protect us to have that feature in Monero?  Seems like it would require replay protection on any new fork, because you would have to make the transaction on the fork first.
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February 16, 2018, 04:53:43 AM
 #36838

Woulda been nice if the fork had a feature to let you choose inputs to match the inputs in the corresponding transaction on the original chain... Would it protect us to have that feature in Monero?
Well the fork almost certainly isnt going to do that. However it could be done on our end. Monero team could develop a feature to "safely claim XMV by using the same ring signature inputs on both chains when spending an XMR txo". Even that would only be partial solution though. If someone else failed to use this tool and exposed their ring signature input and it was an input in one of your transactions than that would erode your privacy even though you had used the tool yourself.

But your comment inspired me to think of another partial solution. Something I hadn't thought of before. If the feature that you wish the forkers would implement on their chain was instead implemented here on the main chain, any future forkers would be forking software that had the tool that you wish the fork chains had!


Seems like it would require replay protection on any new fork, because you would have to make the transaction on the fork first.
Yea I'm not sure about replay protection. I suppose you could make 2 new wallets one for the fork chain and one for the main chain and send your funds from the fork chain to your new fork wallet and the funds from the main chain to your new main chain wallet. It is possible that some joker could front run you and publish your transaction from one chain on the other chain but you wouldn't be losing your money it would just be an inconvenience that way.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
megadeth
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February 16, 2018, 05:07:32 AM
 #36839

Getting tired of the XMR Coinbase add rumor circlejerk.
If its anything like BCH tho, holy shit.

bagholder since 2013
My sig space is not for sale.
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February 16, 2018, 05:25:57 AM
 #36840

Getting tired of the XMR Coinbase add rumor circlejerk.
If its anything like BCH tho, holy shit.

I thought that one had quieted down.  Has it popped up again somewhere?
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