[XMR] Monero Speculation

[Searing]

Don't have any Monero...just a quick question.

Can you mine this coin? I saw something about GPU mining but that may be from the past.

Also in folks view is it just the anonymous aspects of this coin that have helped cause the pump or is there other features of this coin in your view that also add to this

thanks just trying to put my toe in the water here and check this thread out...I need a starting point

[TrueCryptonaire]

Don't have any Monero...just a quick question.

Can you mine this coin? I saw something about GPU mining but that may be from the past.

Also in folks view is it just the anonymous aspects of this coin that have helped cause the pump or is there other features of this coin in your view that also add to this

thanks just trying to put my toe in the water here and check this thread out...I need a starting point

Welcome.
Just buy and hold.
It is Bitcoin 2.0.

[obit33]

Don't have any Monero...just a quick question.

Can you mine this coin? I saw something about GPU mining but that may be from the past.

Also in folks view is it just the anonymous aspects of this coin that have helped cause the pump or is there other features of this coin in your view that also add to this

thanks just trying to put my toe in the water here and check this thread out...I need a starting point

yes, you can mine it, actually xmr is the most profitable to mine atm: http://www.whattomine.com/coins


why the price rise?
anonimity --> fungibility...

[Febo]

Don't have any Monero...just a quick question.

Can you mine this coin? I saw something about GPU mining but that may be from the past.

Yes you can. with GPU And CPU

Right now is way most profitable coin to mine, here is a thread where you can most likely find most mining infos. https://bitcointalk.org/index.php?topic=653467

If you want answers fast, join one of Monero chats, there are on slack, telegram and IRC #Monero on freenode

[koryu]

Not bold enough to say this going to bubble but moving averages showing signals of trend reversal.
ma10,20,50 having positive scope, ma10 crossed ma100 and ma20 is on its way.
Also the durations of MACD reds have declined and volume is increasing.

So from ta side I am happy to be long about fundamentals you guys have more information.

I like this 

[Its About Sharing]

Not bold enough to say this going to bubble but moving averages showing signals of trend reversal.
ma10,20,50 having positive scope, ma10 crossed ma100 and ma20 is on its way.
Also the durations of MACD reds have declined and volume is increasing.

So from ta side I am happy to be long about fundamentals you guys have more information.

I like this 

How did you get so many MA's on a Bitcoinwisdom chart? Very nice, I'd like to follow that...
Nice call btw.

[nanobrain]

New ATH 0.02539996
Market Cap 176, 727 534

[Globb0]

and pumping volume spike and 0.026+

[nanobrain]

And XMR market cap moves into 4th ahead of LTC with 192,670,035

https://coinmarketcap.com/

Quite a day

[Billy Bunter]

If Monero passes Dash in price, then the drinks are on me 

You know I was only kidding, right? 

[Febo]

Hey guys, tell me if I am totally off with my reasoning here: when Bitcoin was spendable mainly on Silk Road, and other dark markets, the higher it went was 32$, right? And then it went down massively. So at 15$ Monero doesn't seem much undervalued, to say the least. Or maybe some of you think the dynamic is entirely different this time and the two situations aren't comparable?

I could add 2 things here when comparing Bitcoin with Monero.

1. Quite many got their BTC really cheap. So they did not really care at what price they will sell since they made huge profit from basically nothing. Some maybe even get them as a gift. With Monero is totally different since price was relatively high from first week. those that hold XMR for over 2 years dont have even x10 profits so far.

2. People learned something from their mistakes.

[explorer]

Over 90K BTC 24h volume on Poloniex.  Will we see 100k again?

And there it is.

 Bids getting a bit slower to fill in, depth a little thin at the front.  It all changes so fast though, that its tough to make a call from even the obvious signs.

[Globb0]

Remember these days? all the hard work that has gone into the coin. you make it great.

Whirlwind missives (Updated 09/12)!


Jun 2nd 2014

1.   New Logo + branding pack
2.   Repository redesign
3.   Begin website enhancements
4.   live discussions join us on Freenode: #monero for general chat, #monero-dev
5.   MRO changes to XMR to satisfy ISO 4217

Dev diary

1.   Added missing RPC methods
2.   0.8.8 changes to prevent dust attack on block reward
3.   Begun work on documenting the code and providing architecture overviews
4.   Understanding and examining the cryptonote protocols
5.   POW hashing optimisation to improve syncing times and pool verify times
6.   Lucasjones miner optimisation work


Jun 10th

1.   New feature announced deterministic wallets based on mnemonic seed
2.   XMR listed for voting on Mintpal
3.   RPC based Qt GUI wallet

Dev diary

1.   Further RPC work on simplewallet
2.   Added new seed notes
3.   Further code review and implement Doxygen for commenting and code understanding


Jun 18th

1.   Hit number one on mintpal voting list
2.   Begin peer review cryptonote whitepaper
3.   Initial work done on transaction splitting
4.   GUI wallet a lot of work to be done yet and Monero core issues to be resolved first

Dev diary

1.   TX pool handling fix to address high number of orphans
2.   Auto split is now ready for test


June 27th

1.   XMR added to 2 exchanges BTER and Mintpal
2.   White paper review continues http://monero.cc/downloads/whitepaper_annotated.pdf
3.   Bug fix restoring a deterministic wallet and old transactions
4.   Stabilising Monero, pools, merchants and exchanges
5.   Auto splitting ready for release

Dev diary

1.   Slow_hash huge changes to add AES-NI
2.   Major daemon overhaul in progress; windows support to follow
3.   Simple wallet split to Simplewallet (CLI) and RPCwallet (standalone RPC daemon)


July 6th

1.   CryptoNote peer review continues
2.   Auto splitting is now in the main code base

Dev diary

1.   RPC wallet ready for test


July 13th

1.   GUI’s received and bounties paid. Won’t be directly integrated yet
2.   CryptoNote white paper review is coming to close
3.   Begun work to re-implement the mnemonic word list in other languages

Dev diary

1.   Core major work begin to Implement an embedded database
2.   I2P focus moves from libi2pcpp to i2pd. Focus on persistent connections


July 20th

1.   Begun reviewing the implementation of CryptoNote following the white paper review
2.   Embedded database work in progress the hope is to reduce ram requirements
3.   Information security specialist joins the team
4.   German word list complete now moving onto Portuguese

Dev diary

1.   Abstraction of the blockchain storage functions completing (enabler for performance testing)
2.   Daemonising Monero work is largely completed
3.   RPC wallet can now run multiple instances (where machines need to run multiple wallets)
4.   DNS seed nodes work begun that will later replace hardcoded seed nodes
5.   Exchange’s poll get_payments fix for multiple payment IDs is testing


July 23rd

1.   Monero trading pairs added to Poloniex
2.   BSD 3-clause license changes
3.   README build instructions improved
4.   Developer training for Git usage

Dev diary

1.   RPC enhancements a new Get_info
2.   get_bulk_payments developed and ready


August 3rd

1.   Launched fireside chats
2.   Begun tracking downloads 41,425 in the first 3 recorded weeks from 15/06
3.   XMR pairs rise to 5830 XMR of volume after first 12 days
4.   Monero added to coinSource Trust Index with a score of  6 out of 7 stars
5.   Build process streamlined

Dev diary

1.   Windows build script to simplify windows builds
2.   QOS developed and ready, peripherals to be completed
3.   Embedded database is proving complex, work continues
4.   Issues resolved from logs, blockheight parameter and query_key
5.   DNS seeder code available for review


August 10th

1.   First look at the gui in the first fireside chat was positively received
2.   Monero price ticker released
3.   Test environment secured and ready for continuous integration process

Dev diary

1.   Abstracted BlockchainDB functions coming together
2.   CMakelist overhauled
3.   Unit test review/creation has begun
4.   Planning migration to new servers for blockchain and client download


August 16th

1.   GUI test release available
2.   Monero broke 600 subscribers to our sub-reddit
3.   Open source Monero stratum proxy released
4.   Finalising QoS bandwith control

Dev diary

1.   Mingw64 / msys2 largely complete
2.   Wallet code under refactoring
3.   Abstraction and refactoring Blockchain functions ready for some performance testing
4.   QoS ready awaiting testing and then release


September 15th

1.The Monero Research Lab is an open collective academic group continuing to make papers towards the analysis and improvement of the underlying core
2. Second #Monero-Dev Fireside (Fri September 19th, 2014, at 10:00 EST)
3. Merchandise available http://www.zazzle.com/monerogear* coin team gets 15% commission
4. URS released, a Monero project written in Go that allows you to sign messages using ring signatures as part of a group
5. New tagged release, 0.8.8.4, now available for download
6. GUI work delayed due to addressing some core issues following recent events. Progress continuing
7. Monero added to Coin Swap https://coin-swap.net/market/XMR/BTC

Dev diary

1. Development branch on hold, will be brought back into sync following emergency measures implemented
2. FreeBSD Compatability: Monero now works on FreeBSD out the box
3. New Makefile target, release-static, that builds statically linked binaries for redistribution.
4. Wallet: per-kb fees are nearly complete, and will be deployed to testnet within the next week or so
5. Blockchain: Work delayed by  blockchain attacks. Getting back on track with DB work
6. Core: Devs note, all non-critical "errors" and warnings have been moved to log-level 1


October 6th

1. New official Monero forum. Come find us! @ https://forum.monero.cc
2. Working hard in the background on the codebase
3. Mnemonics system overhauled and added new word lists in Japanese, Portuguese, and Spanish
4. MoneroPulse added; a loosely distributed checkpoint alert system
5. Backup distribution system in place for recovery
6. Research Lab released Research Bulletin, MRL-0003 – around ring signatures
7. Monero now at number 2 on Cryptsy voting list

Dev Diary

1. File check pointing added;  checkpoints are always enforced regular checking
2. DNS check pointing added
3. Working hard on improving the build system so builds are easier and less problematic
4. PoW algorithm annotated in the code and documented by dga


October 13th

1. Back-porting features and fixes added to the current codebase.
2. The GUI is progressing We hope to update the preview binaries in the next week or two
3. per-kb fees in testing. we expect positive testing results
5. Further tweaks to mnemonic system

Dev Diary

1. Further work on build environment ultimately to reduce build issues further down the line
2. Core: documentation continues, with Doxygen comments
3. DNS check pointing and configuration in test
4. mnemonic lists now support a variable trim length


October 20th

1. Focussing on some of the core issues that have been lagging
2. Blockchain database implementation. Lightning Memory-Mapped Database, LMDB ready for limited testing by next week.
3. Additional implementations will be built to compare performance
4. Implementing DNSSEC trust anchors with the assistance of NLnet Labs. it prepares us for more widespread, secure use of the OpenAlias standard
5. Reworking build environment to conform to Kitware recommendations, especially due to poorly implemented CMake in original reference code

Dev Diary

1. Per-kb fee testing is going well on testnet
2. Downloadable RAW blockchain for import your daemon will fully verify the downloaded blockchain
3. Unit tests have been fixed, change is expected to be merged in the next week.
4. Core tests are currently being worked on to bring them up to a 100% working state for regression testing


October 27th

1. Initial database implementation very nearly ready for broader testing
2. Per-kb fees functionality  added to simplewallet, hope to deploy that for general testing within the week
3. Build system is starting to come together in its final form

Dev Diary

1. CMake is looking a lot cleaner and easier to grok. It also fixes cross-compile
2. Offloaded MoneroPulse checkpoint checks to a separate thread to reduce locking and looking to do this elsewhere in the core now
3. Account: multilang wordlists are now inherent to the wallet/account. we have opted to use RapidJSON instead of eppe's JSON


November 2nd

1. LMDB's is syncing! if you would like to give it a spin you can
2. Per-kb fees are ready to go
3. New CMake there are a few final nigglies on Windows and FreeBSD

Dev diary

1. LMDB implementation is complete, and is undergoing testing for drastic rollbacks and edge cases
2. Switchover to the new fee structure is hoped to happen next week


November 17th

1. On-going Windows static build issues are preventing us from tagging and releasing Monero 0.8.8.5
2. Note: the only trustworthy, official binaries are those release by the core team
3. Monero Research Lab had a meet-up in Salt Lake City for some debate sessions
4. Bolckchain DB testing all looking good

Dev Diary

1. CMake lingering issues exist with static mingw-w64 builds
2. Several bug fixes to the multi-language mnemonic system


November 24th

1. My Monero announced, the first Monero hosted account service. A web wallet for Monero go to https://mymonero.com
2. Significant progress has been made to fixing the last few Windows build issues

Dev Diary

1. Msys2 now successfully compiles. final testing of new builds will happen this week
2. Expect a mass merge of PRs previously waiting this week. Now CMake changes will have to comply with the new, cleaner CMake.


December 8th

1. Monero 0.8.8.6 released - Lots of the recent fixes and changes are bundled in. Remeber to only download from a trusted source
2. Smart mining introduced - Should help all users support the network. Work needed yet on detail and to support more platforms

External (new added section for external projects and services under development)

1. MyMonero - currently fixing some bugs around displaying on different devices and data manipulation
2. A new implementation project for the i2p protocol in C++. Monero will use this later for its connection to the i2p network

Dev Diary

1. Build: tests are now disabled when building the build-release, build-debug, or release-static targets.
2. Account: lots of fixes to multi-lang mnemonics, although UTF-8 on Windows still seems to be a bit shaky.


Another whirlwind session draws to a close on this cold winters day. 


Globb0

Last Updated: 09/12

[opennux]

Hey guys, tell me if I am totally off with my reasoning here: when Bitcoin was spendable mainly on Silk Road, and other dark markets, the higher it went was 32$, right? And then it went down massively. So at 15$ Monero doesn't seem much undervalued, to say the least. Or maybe some of you think the dynamic is entirely different this time and the two situations aren't comparable?

I could add 2 things here when comparing Bitcoin with Monero.

1. Quite many got their BTC really cheap. So they did not really care at what price they will sell since they made huge profit from basically nothing. Some maybe even get them as a gift. With Monero is totally different since price was relatively high from first week. those that hold XMR for over 2 years dont have even x10 profits so far.

2. People learned something from their mistakes.

Precisely. The exponential outbreaks that happened back then in BTC was basically unprecedented. Today they're not. People know what can happen...Sorry, will happen..

[RayX12]

Do we see 1000 btc Donald Trump type of bid wall near the market price at some point?  

I will let you know when the shorts have gone mad so we can ignite the rocket ship!   

Dear Mr. McScruge... we are 60% richer today.... my tiny bag is growing.  I wish had put in moreeeee...  I have cashed out but will buy again and again and again to increase my wealth.

Thanks for your continued support and guidance.

[nioc]

Remember these days? all the hard work that has gone into the coin. you make it great.


Jun 10th 2014
3.   RPC based Qt GUI wallet

Oh yes memories.  I singled out one thing.

 

I have held through all the ups and downs because I believe(d).

Once more, thanks to all the devs and the long time community members.


Woke up this morning and stared at the screen, speechless.  Yet the development and adoption continues.....


From fluffypony; Want to know what a testnet RingCT transaction looks like? luigi1111 deserialised and annotated one just for you:
https://paste.fedoraproject.org/419986/47283791/raw/

[TrueCryptonaire]

Do we see 1000 btc Donald Trump type of bid wall near the market price at some point?  

I will let you know when the shorts have gone mad so we can ignite the rocket ship!   

Dear Mr. McScruge... we are 60% richer today.... my tiny bag is growing.  I wish had put in moreeeee...  I have cashed out but will buy again and again and again to increase my wealth.

Thanks for your continued support and guidance.

No problem.
I am happy that you are satisfied with the ROI.
That being said, I think there are changes it goes to 10 000 usd or more per coin. Bitcoin has not been able to do it but that doesn't mean we need to follow the path of Bitcoin in that sense. After all, bitcoin failed to grow partially because it was not anonymous enough.

Therefore, if you think like I think it is not too late to buy some more coins. Even 0.1-1.0 XMR is better than nothing if bought on constant manner like a robot without emotions.

[Drhiggins]

Holy Mother of All Profit!    

Looking at the price this morning I'm dumbfounded. Was a great late night up swing.  Coffee is just hitting my brain and still processing the new price.  Glad I'm holding.  The only coins I have let go of are for Bounties and Development, and I bought a few of those Silver Monero Physical coins from Cryptonic just as a souvenir.  

Thanks to everyone for making the Monero community great.  Feeling grateful.  

 

[alphahacktivist]

feels a little dumb for shorting last monday. but still, rebought at 0.015 and still have profits stacked. all good tho i could have made more, its still fine for me.

those who dont need fund urgently, they should keep. those who need funds at quick speed, they should like me keep a few thousand xmr and short the profit only.

xmr is going to rally up to 100$ or something around that amount in a few months to a few years. which is still ok, considering i am talking about it now, where its under 15usd.

be wise. dont put your heart to your coin, instead make quick move and be profitable.

however, in all honesty, there is a long way for xmr to go. the acceptance of the market due to dark net is way too high and lots of vendors/sellers i heard we moving to full xmr.

however the code has not been fully tested like bitcoins has been during the past years.


the biggest fear i have for now is if some exchangers scam for xmr, its going to be butthurt to get the price back up.

so i urge all developper who can code, develop/ build applications over xmr system. make the coin last. as much as you can code, code for xmr. small, big, whatever you can do. start building the economy around it. it will be worth it in a few years.

those who say it wont last, or it will be dead, or its just a pump and dump. just remember the price of bitcoins from its start and whats the price of bitcoins now.

we all one way or another have complained not getting into bitcoins when it was easy to mine, or cheap, some even say 10$ was a good price to buy bitcoins.

what excuse do you have now?

[cAPSLOCK]

I predicted at the beginning of the last pump, that it smells like a pump and it was a pump.
Same here now, just the price of XMR x5 from the last pump, and it gains much faster which isn't healthy.
Lets talk next week on the price topic of XMR 

Something like Donald Trump bribe Mexican president in XMR so Mexican government decide to pay for the wall?

The funny thing is the second quote is more likely than the first.

Pumper whales are setting fire to tens of millions of dollars to trick us into buying their coins back from them when they drop in price?  Or some mega rich person is quietly taking a stake in monero on the weekends.

I don't actually believe either but the second is far more plausible.