[XMR] Monero Speculation

[primer-]

Hehe, fun times, I've got 32% of total hash rate, should i try to DOUBLE SPEND ?

Go for it champ.

Onishin, monero.crypto-pool.fr owner saved your ass He fixed the pool code and is mining at 60%+ total hash rate

[wpalczynski]

Hehe, fun times, I've got 32% of total hash rate, should i try to DOUBLE SPEND ?

Go for it champ.

Onishin, monero.crypto-pool.fr owner saved your ass He fixed the pool code and is mining at 60%+ total hash rate

Cool story bro.

[Its About Sharing]

Good job devs, thank you for your hard work.  I went and bought more Monero after the successful fork.

Thank you Primer as well for supporting the network.  You are earning your pay and we appreciate it.  Monero is real money and we believe in free markets, so you are free to do anything you want with your Moneros that you get for this service you provide us.  Your selling them actually helps the community to grow by distributing coins and keeping prices reasonable for others to buy in.


Most of those who were borrowing my coins to short have covered now sadly.  Still a few open, and the .5 to .9% interest is amazing.  I have decided I will not lend at .1% anymore, my minimum now is .5%, and I will only lend some there, the rest will be at 1% or higher.  I had some coins lent at .1% when it spiked up ,and as a result I wasnt able to get them out on loan at much higher rates.  Its better to loan at 1% for a couple days than it is to loan at .1% for a couple weeks.  We should all do this as it increases our Monero income and creates buying pressure, as shorts must buy to pay interest.

This community is top notch and very skilled.  Not having a GUI for almost 2 years was a great choice, it attracted the technical gurus to the community while keeping Monero away from the get rich quick people, while the devs worked to continuously improve Monero.

Curious, is this a taxed thing? Since it is in Crypto and paid in Crypto, it needn't be claimed on taxes?

[Monerobuyer0]

Good job devs, thank you for your hard work.  I went and bought more Monero after the successful fork.

Thank you Primer as well for supporting the network.  You are earning your pay and we appreciate it.  Monero is real money and we believe in free markets, so you are free to do anything you want with your Moneros that you get for this service you provide us.  Your selling them actually helps the community to grow by distributing coins and keeping prices reasonable for others to buy in.


Most of those who were borrowing my coins to short have covered now sadly.  Still a few open, and the .5 to .9% interest is amazing.  I have decided I will not lend at .1% anymore, my minimum now is .5%, and I will only lend some there, the rest will be at 1% or higher.  I had some coins lent at .1% when it spiked up ,and as a result I wasnt able to get them out on loan at much higher rates.  Its better to loan at 1% for a couple days than it is to loan at .1% for a couple weeks.  We should all do this as it increases our Monero income and creates buying pressure, as shorts must buy to pay interest.

This community is top notch and very skilled.  Not having a GUI for almost 2 years was a great choice, it attracted the technical gurus to the community while keeping Monero away from the get rich quick people, while the devs worked to continuously improve Monero.

Curious, is this a taxed thing? Since it is in Crypto and paid in Crypto, it needn't be claimed on taxes?

They are free monero.  When I eventually sell them I'll pay taxes.

[Its About Sharing]

Good job devs, thank you for your hard work.  I went and bought more Monero after the successful fork.

Thank you Primer as well for supporting the network.  You are earning your pay and we appreciate it.  Monero is real money and we believe in free markets, so you are free to do anything you want with your Moneros that you get for this service you provide us.  Your selling them actually helps the community to grow by distributing coins and keeping prices reasonable for others to buy in.


Most of those who were borrowing my coins to short have covered now sadly.  Still a few open, and the .5 to .9% interest is amazing.  I have decided I will not lend at .1% anymore, my minimum now is .5%, and I will only lend some there, the rest will be at 1% or higher.  I had some coins lent at .1% when it spiked up ,and as a result I wasnt able to get them out on loan at much higher rates.  Its better to loan at 1% for a couple days than it is to loan at .1% for a couple weeks.  We should all do this as it increases our Monero income and creates buying pressure, as shorts must buy to pay interest.

This community is top notch and very skilled.  Not having a GUI for almost 2 years was a great choice, it attracted the technical gurus to the community while keeping Monero away from the get rich quick people, while the devs worked to continuously improve Monero.

Curious, is this a taxed thing? Since it is in Crypto and paid in Crypto, it needn't be claimed on taxes?

They are free monero.  When I eventually sell them I'll pay taxes.

That was my understanding since they never touch USD. Excuse my math but what is the return on .5% over 1 month for X Monero? (Maybe a cumulative calculator link? lol)

[TrueCryptonaire]

Good job devs, thank you for your hard work.  I went and bought more Monero after the successful fork.

Thank you Primer as well for supporting the network.  You are earning your pay and we appreciate it.  Monero is real money and we believe in free markets, so you are free to do anything you want with your Moneros that you get for this service you provide us.  Your selling them actually helps the community to grow by distributing coins and keeping prices reasonable for others to buy in.


Most of those who were borrowing my coins to short have covered now sadly.  Still a few open, and the .5 to .9% interest is amazing.  I have decided I will not lend at .1% anymore, my minimum now is .5%, and I will only lend some there, the rest will be at 1% or higher.  I had some coins lent at .1% when it spiked up ,and as a result I wasnt able to get them out on loan at much higher rates.  Its better to loan at 1% for a couple days than it is to loan at .1% for a couple weeks.  We should all do this as it increases our Monero income and creates buying pressure, as shorts must buy to pay interest.

This community is top notch and very skilled.  Not having a GUI for almost 2 years was a great choice, it attracted the technical gurus to the community while keeping Monero away from the get rich quick people, while the devs worked to continuously improve Monero.

Curious, is this a taxed thing? Since it is in Crypto and paid in Crypto, it needn't be claimed on taxes?

They are free monero.  When I eventually sell them I'll pay taxes.

That was my understanding since they never touch USD. Excuse my math but what is the return on .5% over 1 month for X Monero? (Maybe a cumulative calculator link? lol)

30*.5 % =15.0 %

[Monerobuyer0]

Always remember that polo takes 15% of lending profits, so your real rate is 85% of the rate you specify.

[smooth]

I hate people who pull numbers from their ass ... Smooth you idiot.

Code:

1009852	60 to go	1621258227	7750098e01c2c457c5e90639883b6be73decb1442931a3bdc018244c6cf75e60	3/23/2016, 7:05:24 PM	83%
1009849	57 to go	1618724176	f20dfbe79664394d9b9920ea7095f516a24b5693f9166a10dbfe63f7db1ddf82	3/23/2016, 6:52:46 PM	84%
1009845	53 to go	1613905042	4977c235f696284b55a42207933c4f045f647ea73efce1e2c280370d0754fc24	3/23/2016, 6:41:44 PM	79%
1009843	51 to go	1621581315	a4a02510f2f376dff190c59486b370a022f01d45683b62bda83a4708bccdf36e	3/23/2016, 6:26:49 PM	48%
1009833	41 to go	1609202846	a937fead88d2a438e11eeaf0e8596dc0cb92a028831104a02406d9734dbb3718	3/23/2016, 5:48:13 PM	94%
1009831	39 to go	1602611350	65b2b5031e39702b8c5130d6254653cd00fbc7fe1bfd0b6be2664ac98776f09a	3/23/2016, 5:43:46 PM	84%

Way more than 20% of hash got cut off otherwise i would not be finding so many blocks with only 350kh/s...

How many blocks you find (and how quickly you find them) is a purely a function of your hash rate and the difficulty (which doesn't adjust much over a just few blocks), along with luck. Other than the possibility of losing an orphan race, who else is mining makes no difference whatsoever.

So if you got a lot of blocks with that hash rate, it was mostly luck. Congrats, and enjoy the windfall.

[TrueCryptonaire]

Always remember that polo takes 15% of lending profits, so your real rate is 85% of the rate you specify.

I am unaware if Polo takes a chunk of profits?

[meme magic]

Always remember that polo takes 15% of lending profits, so your real rate is 85% of the rate you specify.

I am unaware if Polo takes a chunk of profits?

seems more like default insurance than a fee at that rate.

wish theyd publish some data about their loan markets..

[smooth]

Always remember that polo takes 15% of lending profits, so your real rate is 85% of the rate you specify.

I am unaware if Polo takes a chunk of profits?

It is in their terms of use.

As far as "default insurance", they do not promise to back up losses. Some have suggested they might do so to avoid bad publicity, but that is just speculation.

[meme magic]

Always remember that polo takes 15% of lending profits, so your real rate is 85% of the rate you specify.

I am unaware if Polo takes a chunk of profits?

It is in their terms of use.

As far as "default insurance", they do not promise to back up losses. Some have suggested they might do so to avoid bad publicity, but that is just speculation.

thats right, i was purely speculating. my opinion of poloniex remains pretty high, so i wont put much thought into it.

[GreekBitcoin]

App on my phone shows 27 mh/s nerwork hashrate, is that accurate?

Check again

Edit: I think it is my fault. There is an app using moneroblocks.info api and for diverse reasons not yet tackled the API and the blockexplorer are distinct. Aaand I forgot to change the API HR calc.

No it is not your fault. But my friend is working on it. soon.

[twistelaar]

Monero developer drops truth bombs: "No altcoins currently useful, majority are scams" http://ow.ly/ZRBop 

Thoughts?

[bitebits]

Thoughts?

Don't click shortened links.

[slapper]

Thoughts?

Don't click shortened links.

Moreover it's an advertisement for some shit scam IPO again. Funny thing is these ICO clowns are fighting against other ICO scammers that their scam is better than other scams. Look at the degenerate user called cryptohunter's posts to see the hypocrisy. And old spoetnik will just watch all that shit show because he has some personal agenda to axe first while claiming to be an honest hacker.

[twistelaar]

Thoughts?

Don't click shortened links.

why not?

[cryptohunter]

Thoughts?

Don't click shortened links.

Moreover it's an advertisement for some shit scam IPO again. Funny thing is these ICO clowns are fighting against other ICO scammers that their scam is better than other scams. Look at the degenerate user called cryptohunter's posts to see the hypocrisy. And old spoetnik will just watch all that shit show because he has some personal agenda to axe first while claiming to be an honest hacker.

Hey slapper - great to see you back my friend. It's been far too long.

I'm intrigued to see how you arrived at the notion there is any hypocrisy in my posts. Come now try and explain without your usual tirade of four letter words.

My point is rather clear. There should be no ICO only POW.
POW should be conducted in the most fair way possible. To establish these fair play rules one needs to only observe the xcoin/darkcoin/dash scam instamine release wand subsequent reducing of minting... then..... not do it like that at all.

[BitcoinNewsMagazine]

Thoughts?

Don't click shortened links.

why not?

Because many shortened links lead to malware. Yours did not and the real link is https://bitcoinmagazine.com/articles/are-any-altcoins-currenty-useful-no-says-monero-developer-riccardo-spagni-1458743546

Using link shorteners always looks suspicious.

[twistelaar]

Thoughts?

Don't click shortened links.

why not?

Because many shortened links lead to malware. Yours did not and the real link is https://bitcoinmagazine.com/articles/are-any-altcoins-currenty-useful-no-says-monero-developer-riccardo-spagni-1458743546

Using link shorteners always looks suspicious.

ahh thanks, wont open them again