[XMR] Monero Speculation

[Hueristic]

LMAO
And this, ladies and gentlemen, is why you use DASH.

So you can have a premine dumped on your ass? Oh wait you mean because a bug was fixed that could have hypothetically been exploited to destroy coins and never was exploited?

Lol Dash surely can't say that! Dash only forks away future coins to make the premine worth more. Well, back to gnore for you.

But they can say look we took out our masternodes because they don't work and you'll get busted using them and we will dump the coins from our premined masternodes on your ass as well.

That explains why all online services have been in maintenance mode the past days  

I took the uncertainly time to buy.

Missed 175 but got some @.0176

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[vit05]

https://thenextweb.com/hardfork/2018/09/25/monero-burning-vulnerability/
Monero developers have disclosed a major bug that could really have been nasty. Until now, attackers could have drained Monero from exchanges (or any organizational wallet), all for the cost of a few transaction fees.

“A bug in the wallet software allowed a determined attacker to cause significant damage to organizations present in the Monero ecosystem with minimal cost,” declares the official statement. “[…] A determined attacker could burn the funds of an organization’s wallet whilst merely losing network transaction fees.”

Without getting too technical – the Monero blockchain can actually “burn” XMR under certain circumstances, as can Bitcoin and Ethereum.

In Monero’s case, the blockchain assumes transactions between identical stealth addresses to be illegitimate transactions, and “burns” one of the them, allowing just a single “correct” transaction through.

Monero’s blockchain doesn’t remove or replace burned XMR – it just makes it unusable.

The Monero community has known about burning when transactions occur between identical stealth addresses for a while – but security researchers have only just discovered that it allows hackers to siphon XMR directly from external wallets.

The disclosure steps through this process. After modifying a Monero wallet to make transactions using the same stealth address as the target wallet, “[attackers] send, say, a thousand transactions of one XMR to an exchange.”

“Because the exchange’s wallet does not warn for this particular abnormality (i.e. funds being received on the same stealth address), the exchange will, as usual, credit the attacker with 1,000 XMR,” a Monero dev explains.

“The attacker then sells his XMR for BTC and lastly withdraws this BTC. The result of the hacker’s action(s) is that the exchange is left with 999 unspendable / burnt outputs of 1 XMR.”

Developers created a private fix to distribute (in secret) to major exchanges and merchants so as not to draw any attention during the patching process. Monero devs note that it appears no losses were incurred due to the bug.

The statement ends with a stern warning: “This event is again an effective reminder that cryptocurrency and the corresponding software are still in its infancy and thus quite prone to (critical) bugs.”

I think that last sentence is the most important of all. We are still in the beginning of a great change. Many bugs will occur. It is important to support projects that have the most developers who are passionate about the possibilities offered by cryptocurrencies.

Supporting projects that exist just as a money grab or as a copy and past can leave you with nothing on a 0-day. I'm looking at you Electroneum.

[Hueristic]

https://thenextweb.com/hardfork/2018/09/25/monero-burning-vulnerability/
Monero developers have disclosed a major bug that could really have been nasty. Until now, attackers could have drained Monero from exchanges (or any organizational wallet), all for the cost of a few transaction fees.

I think that last sentence is the most important of all. We are still in the beginning of a great change. Many bugs will occur. It is important to support projects that have the most developers who are passionate about the possibilities offered by cryptocurrencies.

Supporting projects that exist just as a money grab or as a copy and past can leave you with nothing on a 0-day. I'm looking at you Electroneum.

Lol right, anyway it was not a bug that effected the chain and was more akin to a counting bug with the side effect of lowering the total coins so...

[SaracenRomero213]

I believe in this coin. I am sure that anonymous coins will be in high demand in a few years. Monero can become the most popular coin among anonymous coins.

[Febo]

https://www.digifinex.com/  is apparently planing to list Monero. By saying planing I mean planing, they did nothing about it yet. So will probably take some time, but they plan to add it.  It is Singapore based exchange. And although you probably never heard of it, they are 15th exchange by volume in last 30 days.   Ahead of Kraken, Bittrex and Poloniex.

[Hueristic]

https://www.digifinex.com/  is apparently planing to list Monero. By saying planing I mean planing, they did nothing about it yet. So will probably take some time, but they plan to add it.  It is Singapore based exchange. And although you probably never heard of it, they are 15th exchange by volume in last 30 days.   Ahead of Kraken, Bittrex and Poloniex.

Good news, does it require KYC?

BTW the English version is accessible by clicking the Chinese flag on the top right.

[elrippos friend]

https://www.digifinex.com/  is apparently planing to list Monero. By saying planing I mean planing, they did nothing about it yet. So will probably take some time, but they plan to add it.  It is Singapore based exchange. And although you probably never heard of it, they are 15th exchange by volume in last 30 days.   Ahead of Kraken, Bittrex and Poloniex.

Nice 

[pa]

Just 3 months left in 2018. Anyone want to make predictions for the xmrusd price on 31 Dec 2018? I'm guessing $175.

[Hueristic]

Just 3 months left in 2018. Anyone want to make predictions for the xmrusd price on 31 Dec 2018? I'm guessing $175.

$131

[Billy Bunter]

Just 3 months left in 2018. Anyone want to make predictions for the xmrusd price on 31 Dec 2018? I'm guessing $175.

$98

[Hueristic]

Just 3 months left in 2018. Anyone want to make predictions for the xmrusd price on 31 Dec 2018? I'm guessing $175.

$98

Boo, Hiss Hiss !!!

[Billy Bunter]

Just 3 months left in 2018. Anyone want to make predictions for the xmrusd price on 31 Dec 2018? I'm guessing $175.

$98

Boo, Hiss Hiss !!!

 

[elrippos friend]

Just 3 months left in 2018. Anyone want to make predictions for the xmrusd price on 31 Dec 2018? I'm guessing $175.

$499

[kurious]

Just 3 months left in 2018. Anyone want to make predictions for the xmrusd price on 31 Dec 2018? I'm guessing $175.

No point in not being optimistic in this guessing game...  So, OK I will pull a guess out of my rear end:

The USD price of XMR depends on BTC, which we seem to have been rising and falling with, rather than working inversely to of late.

As long as Bitcoin turns up out of the bear market then I hope we will see $7500 - $8500 for end of year BTC and with that XMR at $135 - $165.   To pin it down?   $151

That said, if Elrippo's Friend is closer, I will be very happy to be wrong.

[elrippos friend]

Just 3 months left in 2018. Anyone want to make predictions for the xmrusd price on 31 Dec 2018? I'm guessing $175.

No point in not being optimistic in this guessing game...  So, OK I will pull a guess out of my rear end:

The USD price of XMR depends on BTC, which we seem to have been rising and falling with, rather than working inversely to of late.

As long as Bitcoin turns up out of the bear market then I hope we will see $7500 - $8500 for end of year BTC and with that XMR at $135 - $165.   To pin it down?   $151

That said, if Elrippo's Friend is closer, I will be very happy to be wrong.

me2 

[Febo]

I saw this clip first I dont know where. https://ifunny.co/fun/laeIohx56   And it was nothing unusually except that was obvious is acted up.   Then someone re posted it on https://www.reddit.com/r/moonero/ with title Did you noticed his shirt. When saw it I thought that someone edited video and added Monero sign on his shirt.  Now i saw another video made by same group https://www.reddit.com/r/Monero/comments/9k37p5/toothless_lambo_in_an_xmr_shirt_almost_lost_my/  and with Monero shirt. Does anyone have any ideas who made those videos. Are there more?

[Globb0]

Same as you saw that "viral" then now seen another version, it is an advert.

[Febo]

Same as you saw that "viral" then now seen another version, it is an advert.

Advert for what? Who ordered it? Who made it? Whoes idea was to put Monero t-shirt on?

[Globb0]

quick google and....


https://steemit.com/steemsilvergold/@stokjockey/i-know-many-people-have-wondered-what-stokjockey-looks-like-ok-its-time-to-show-you-who-stokjockey-is

[nicktheballer90]

Just 3 months left in 2018. Anyone want to make predictions for the xmrusd price on 31 Dec 2018? I'm guessing $175.

400$