generalizethis
Legendary
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Activity: 1750
Merit: 1036
Facts are more efficient than fud
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July 13, 2016, 03:37:03 AM |
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Seems like btc newcomers have all started mining Monero... ATH difficulty, 303xxxxx Price is way to low for the new hashrate... I'm beginning to worry its actually coming from botnets...
I'm beginning to think a lot of the hashrate comes from what I call "benign botnets" or what some have called "evil sysadmins". I know of at least 2 individuals that have popped up on IRC asking for help with setting up such operations. if there are 2 people that find their way to monero irc to look for help because they don't know what to do.... that means there are probably a sizeable amount of sysadmins that do know what they are doing and do not need to show up at monero IRC asking questions and therefore are just happily mining away with otherwise idle computers that are severely understressed with their MS office and Edge workloads. Also keep in mind that for a while, even at 20 cents / XMR, the hashrate was at 20 Mh/s... so perhaps the recent price spike has brought these players back, whatever they are. I wonder if some aren't leasing these resources and risk nothing in the process?
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iCEBREAKER
Legendary
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Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
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July 13, 2016, 06:37:30 AM |
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Seems like btc newcomers have all started mining Monero... ATH difficulty, 303xxxxx Price is way to low for the new hashrate... I'm beginning to worry its actually coming from botnets...
I'm beginning to think a lot of the hashrate comes from what I call "benign botnets" or what some have called "evil sysadmins". I know of at least 2 individuals that have popped up on IRC asking for help with setting up such operations. if there are 2 people that find their way to monero irc to look for help because they don't know what to do.... that means there are probably a sizeable amount of sysadmins that do know what they are doing and do not need to show up at monero IRC asking questions and therefore are just happily mining away with otherwise idle computers that are severely understressed with their MS office and Edge workloads. Please GingerAle, "evil sysadmins" is such a pejorative term. The preferred nomenclature is Bastard Operator From Hell.
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| "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
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Dotto
Legendary
Offline
Activity: 981
Merit: 1005
No maps for these territories
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July 13, 2016, 01:18:20 PM |
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It seems we could be testing .0028 before resuming the slow pace, sane bull run. What are your short term projections?
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aminorex
Legendary
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Activity: 1596
Merit: 1030
Sine secretum non libertas
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July 13, 2016, 03:22:28 PM |
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It seems we could be testing .0028 before resuming the slow pace, sane bull run. What are your short term projections?
You can dump >41000 XMR to 288k if you like gambling. Some folks do.
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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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illodin
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July 13, 2016, 03:24:41 PM |
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Last time I saw such bullishness on Monero thread, I almost bought at the ATH ... Uhoh, that must mean this is the top! Everybody panic and sell your Moneroj! to meQuite accurate observations.
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aminorex
Legendary
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Activity: 1596
Merit: 1030
Sine secretum non libertas
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July 13, 2016, 03:55:18 PM |
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It seems we could be testing .0028 before resuming the slow pace, sane bull run. What are your short term projections?
You can dump >41000 XMR to 288k if you like gambling. Some folks do. Aaaand... somebody did. LOL. It will be fun to watch them race to cover the loss.
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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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nioc
Legendary
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Activity: 1624
Merit: 1008
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July 13, 2016, 05:37:18 PM |
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It seems we could be testing .0028 before resuming the slow pace, sane bull run. What are your short term projections?
You can dump >41000 XMR to 288k if you like gambling. Some folks do. Aaaand... somebody did. LOL. It will be fun to watch them race to cover the loss. I just wish there was a way of buying Monero with cash. My mattress is getting a bit high.
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TrueCryptonaire
Legendary
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Activity: 1092
Merit: 1000
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July 13, 2016, 07:57:19 PM |
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It seems we could be testing .0028 before resuming the slow pace, sane bull run. What are your short term projections?
You can dump >41000 XMR to 288k if you like gambling. Some folks do. Aaaand... somebody did. LOL. It will be fun to watch them race to cover the loss. Your bullishness makes me nervous.
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aminorex
Legendary
Offline
Activity: 1596
Merit: 1030
Sine secretum non libertas
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July 13, 2016, 08:18:31 PM |
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It seems we could be testing .0028 before resuming the slow pace, sane bull run. What are your short term projections?
You can dump >41000 XMR to 288k if you like gambling. Some folks do. Aaaand... somebody did. LOL. It will be fun to watch them race to cover the loss. Your bullishness makes me nervous. There are short sellers trying to take it down now. You should be encouraged, because that means cheap now, higher later.
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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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vokain
Legendary
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Activity: 1834
Merit: 1019
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July 13, 2016, 08:21:51 PM |
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It seems we could be testing .0028 before resuming the slow pace, sane bull run. What are your short term projections?
You can dump >41000 XMR to 288k if you like gambling. Some folks do. Aaaand... somebody did. LOL. It will be fun to watch them race to cover the loss. Your bullishness makes me nervous. There are short sellers trying to take it down now. You should be encouraged, because that means cheap now, higher later. http://www.pokernews.com/strategy/multiple-level-thinking-in-poker-19458.htm
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TheKoziTwo
Legendary
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Activity: 1552
Merit: 1047
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July 13, 2016, 09:17:40 PM |
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It seems we could be testing .0028 before resuming the slow pace, sane bull run. What are your short term projections?
You can dump >41000 XMR to 288k if you like gambling. Some folks do. Aaaand... somebody did. LOL. It will be fun to watch them race to cover the loss. Your bullishness makes me nervous. There are short sellers trying to take it down now. You should be encouraged, because that means cheap now, higher later. There doesn't appear to be any shorts of significance today. Not sure where you're getting that info. You can try and spot shorts here. It seems to me that whoever was behind the ~70k XMR dumped today did so out of their own stash. But despite 70k dumped the price didn't even flinch. That's pretty amazing
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oOxenonOo
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July 13, 2016, 09:23:46 PM |
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Why is MXR rising this days? Is there any god news? I just don't have luck with this coin, always sell it to early with some lose this time. It was just 10 days ago, take Lisk for it who is actually down now
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Develop Custom Decentralized Blockchain Applications in JavaScript with LISK! Lisk Site
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TheKoziTwo
Legendary
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Activity: 1552
Merit: 1047
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July 13, 2016, 09:30:29 PM |
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Why is MXR rising this days? Is there any god news? I just don't have luck with this coin, always sell it to early with some lose this time. It was just 10 days ago, take Lisk for it who is actually down now Yes... the GUI will be here ..... sooon
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Globb0
Legendary
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Activity: 2688
Merit: 2053
Free spirit
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July 13, 2016, 09:35:59 PM |
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Soon
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cAPSLOCK
Legendary
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Activity: 3766
Merit: 5146
Whimsical Pants
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July 13, 2016, 10:22:23 PM |
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It seems we could be testing .0028 before resuming the slow pace, sane bull run. What are your short term projections?
You can dump >41000 XMR to 288k if you like gambling. Some folks do. Aaaand... somebody did. LOL. It will be fun to watch them race to cover the loss. Your bullishness makes me nervous. There are short sellers trying to take it down now. You should be encouraged, because that means cheap now, higher later. http://www.pokernews.com/strategy/multiple-level-thinking-in-poker-19458.htmYeah and someone is getting leveled there... I think someone is levelling themselves in fact.
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Billy Bunter
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July 13, 2016, 11:42:07 PM |
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Soon Actually there were quite a few commits today in the repository. So maybe sooner than soon?
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Baguette Holder.
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explorer
Legendary
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Activity: 2016
Merit: 1259
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July 14, 2016, 12:01:32 AM |
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Soon Actually there were quite a few commits today in the repository. So maybe sooner than soon? That would be soon, for sure!
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iCEBREAKER
Legendary
Offline
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
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July 14, 2016, 01:56:56 AM |
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quite a few commits today in the repository Ilya in full beast mode.
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██████████ ██████████████████ ██████████████████████ ██████████████████████████ ████████████████████████████ ██████████████████████████████ ████████████████████████████████ ████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ████████████████████████████████ ██████████████ ██████████████ ████████████████████████████ ██████████████████████████ ██████████████████████ ██████████████████ ██████████ Monero
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| "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
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smoothie
Legendary
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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July 14, 2016, 03:33:44 AM |
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lots of "congestion" in the price...
look out for a rocket that moves in slow motion.
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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