[XMR] Monero Speculation

[rinus]

So if i understand correctly, this means if my computer crashed , i can restore the wallet from the 3 wallet files i copied and the mnemonic seed?
and what do you mean with the old version or the new version? are the files in the original folder or the test folder not the same?

thx mate

Actually, you could use either the files or the seed, I just used the files in my example/real life since it's easier.

Old version = monero.win.x64.v0-10-1-0

New version = Beta download with GUI.... Not sure of exact version sorry.

Once you open the old wallet files in the GUI, they seem to change, and a file named something like "wallet.keys.unportable" gets added - I am not sure why or how yet, someone did ask this earlier, but I meant that in case you get corruption like I did, you can just delete the wallet and just re-import the same old wallet file to the new gui, or, if you wanted, go back to v0-10-1-0 and just use the cli if you wanted.

The point is, once you have the files and/or the seed backed up, you theoretically cannot ever lose your XMR. I have tried this numerous times, from both the seed and the wallet files, using just one wallet that I have used for a number of years now - Never had any problems and have corrupted it a few times at least even.

Thanks, sorry I wasn't clearer!

thx mate !!!! that is exactly what i wanted to hear " never lose your XMR " . i will store the 3 wallet files onto several USB disks and keep 1 in my safe, also the mnemonic seed i will store in my safe.
The only thing now is , i want to transfer from POLO to my wallet but on polo it says " invalid payment ID " , can this have something to do that my wallet is still synchronizing daemon?

You should be able to send on not synced wallet. But I suggest you to wait it gets fully synced and first send smaller amount. and once you receive go with full amount.

Monero with difference from Bitcoin that only have address also have a Monero Payment ID.

Monero address looks like this: 47sghzufGhJJDQEbScMCwVBimTuq6L5JiRixD8VeGbpjCTA32noXmi4ZyBZLc44e66NtnKff43fHsGR oyZk3ES1s1V4QVcB

and ID looks like this: 40bfc775e30642c18049e5ef222f1918a7f5fa42960d0179c9c8ad538f2da6f8

When sending from exchange to your personal wallet, ID is not really needed (I am not sure if is optional also).  But when sending Moneros to an exchange or any site where they hold Moneros ( like casino, store, ...)  you always need to include Monero Payment ID.



Thx for all the help guys. I keep u posted once iT is synchronised

XMR over $15 here in Canada.  September high was C$20.  2015 was a disaster year for me, 2016 one of the best ever on pretty much every front, despite some major setbacks.  Speculation on 2017?  Let XMR lead the charge!

2015 was totally normal for me. disaster for me was 2014. But only reason for it was since I just started investing in crypto that year. If I would in 2013 would be totally different story.

[Dotto]

Oh lala!

 

[rinus]

touched 13$ , its going fast ... hopefully not a pump and dump scenario ...

[Shiroslullaby]

Okay so who else just made a bunch of money selling Monero when it hit 0.014 and buying back in?
 
I fucking love trading crypto. So much fun when you cash.
(And so much pain when you lose money lol. Just as bad as a drug habit!)

[explorer]

XMR over $15 here in Canada.  September high was C$20.  2015 was a disaster year for me, 2016 one of the best ever on pretty much every front, despite some major setbacks.  Speculation on 2017?  Let XMR lead the charge!

Yahoo! 2017 XMR will take the lead. Although I don't want Ethereum to die as I also have too many investments under its banner. 

Did I say C$15?  Touched C$18 briefly there   

[IlettheDogeoutt]

Thanks xmr buyers. im out and now have free btc to do what I wish with. profit so good im going on vacation. Anyone here want to join me with their new found wealth?

[TrueCryptonaire]

Thanks xmr buyers. im out and now have free btc to do what I wish with. profit so good im going on vacation. Anyone here want to join me with their new found wealth?

You remind me of this guy: https://www.youtube.com/watch?v=RHg8qIKJo1I&t=1s

[explorer]

Okay so who else just made a bunch of money selling Monero when it hit 0.014 and buying back in?
 
I fucking love trading crypto. So much fun when you cash.
(And so much pain when you lose money lol. Just as bad as a drug habit!)

I did really well trading the August  spike, cashed out enough gains to relax, and promptly lost a huge chunk of what was left.  Currently holding strong against temptation to trade.  I think the drugs may be safer 

[owlcatz]

Thanks xmr buyers. im out and now have free btc to do what I wish with. profit so good im going on vacation. Anyone here want to join me with their new found wealth?

Nah, I'm sticking around for a lot longer, thanks though and enjoy your vacation, I'm looking more for of a retirement type of deal.

[IlettheDogeoutt]

Thanks xmr buyers. im out and now have free btc to do what I wish with. profit so good im going on vacation. Anyone here want to join me with their new found wealth?

You remind me of this guy: https://www.youtube.com/watch?v=RHg8qIKJo1I&t=1s

wow 100k xmr, imagine he still had them today. He's probably crying hard now. But seriously, someone lock in some profits with me and lets go to vegas this weekend and celebrate new years eve there. You wanna join me.

[IlettheDogeoutt]

Thanks xmr buyers. im out and now have free btc to do what I wish with. profit so good im going on vacation. Anyone here want to join me with their new found wealth?

Nah, I'm sticking around for a lot longer, thanks though and enjoy your vacation, I'm looking more for of a retirement type of deal.

Retirement baby. make it happen but whats a few k in the retirement picture. lock in them profits and lets fly to vegas.

[TrueCryptonaire]

Thanks xmr buyers. im out and now have free btc to do what I wish with. profit so good im going on vacation. Anyone here want to join me with their new found wealth?

You remind me of this guy: https://www.youtube.com/watch?v=RHg8qIKJo1I&t=1s

wow 100k xmr, imagine he still had them today. He's probably crying hard now. But seriously, someone lock in some profits with me and lets go to vegas this weekend and celebrate new years eve there. You wanna join me.

Nah, I do not enjoy gambling. I tried once with my classmates 10 yrs ago and lost 1 euro and after that I promised myself I do not play cards or other similar games + according to the Jewish law it is pure stealing because the person who loses is not giving up his money willingly sincehe has in mind that I will win (Rav Yosef Karo, Shulchan Aruch).
I prefer investing and sticking also long term. Also I do not want to start a correspondence with tax authorities.

[owlcatz]

Thanks xmr buyers. im out and now have free btc to do what I wish with. profit so good im going on vacation. Anyone here want to join me with their new found wealth?

Nah, I'm sticking around for a lot longer, thanks though and enjoy your vacation, I'm looking more for of a retirement type of deal.

Retirement baby. make it happen but whats a few k in the retirement picture. lock in them profits and lets fly to vegas.

Nr-G, is that you again? 

[rinus]

Thanks xmr buyers. im out and now have free btc to do what I wish with. profit so good im going on vacation. Anyone here want to join me with their new found wealth?

Nah, I'm sticking around for a lot longer, thanks though and enjoy your vacation, I'm looking more for of a retirement type of deal.

Retirement baby. make it happen but whats a few k in the retirement picture. lock in them profits and lets fly to vegas.

Nr-G, is that you again? 

Of that other Guy, what was his name again

[KeyJockey]

A little perspective, folks... just taking a view at coinmarketcap here from the proverbial 40,000 feet up  

XMR is currently already in 3rd place of all crypto in terms of per-coin value... with the ridiculous ZCash still at #2 being forty bucks each, LOL, which I suspect a few months or a year from now will finally settle down to it's natural value under maybe $4 bucks, LOL

So, really IMHO we're already at #2 there for per-coin "real price" and second only to Bitcoin

More meaningfully, we're still at #5 in terms of market cap, about $165 Million today, trailing #3 Ripple (LOL another ridiculous one) and #4 Litecoin both in the $225 Million range.

So, just one DOUBLING from here would POP us up over both of those into 3rd place at about $340 Million.

From THERE to achieve #2 would require only one more doubling to the $680 Million range, to get ahead of ETH, currently at $625M.

And then...?  

IMHO, once Monero is second only to the 800 Pound Gorilla of the Crypto World, BTC...?  Sky's the limit then, and IMHO it could even take over first place IF things keep going they way they've been lately for BTC's technical development.

Even just a year ago that would have been pretty unthinkable, but now?  Much less impossible LOL

Today's $10-12 price, IF sustainable awhile, and then just two doublings to say $25 then $50... then "sky's the limit" really doesn't seem to me all THAT implausible, at all.

[TrueCryptonaire]

A little perspective, folks... just taking a view at coinmarketcap here from the proverbial 40,000 feet up  

XMR is currently already in 3rd place of all crypto in terms of per-coin value... with the ridiculous ZCash still at #2 being forty bucks each, LOL, which I suspect a few months or a year from now will finally settle down to it's natural value under maybe $4 bucks, LOL

So, really IMHO we're already at #2 there for per-coin "real price" and second only to Bitcoin

More meaningfully, we're still at #5 in terms of market cap, about $165 Million today, trailing #3 Ripple (LOL another ridiculous one) and #4 Litecoin both in the $225 Million range.

So, just one DOUBLING from here would POP us up over both of those into 3rd place at about $340 Million.

From THERE to achieve #2 would require only one more doubling to the $680 Million range, to get ahead of ETH, currently at $625M.

And then...?  

IMHO, once Monero is second only to the 800 Pound Gorilla of the Crypto World, BTC...?  Sky's the limit then, and IMHO it could even take over first place IF things keep going they way they've been lately for BTC's technical development.

Even just a year ago that would have been pretty unthinkable, but now?  Much less impossible LOL

Today's $10-12 price, IF sustainable awhile, and then just two doublings to say $25 then $50... then "sky's the limit" really doesn't seem to me all THAT implausible, at all.

I love every letter you typed. 

[IlettheDogeoutt]

Thanks xmr buyers. im out and now have free btc to do what I wish with. profit so good im going on vacation. Anyone here want to join me with their new found wealth?

You remind me of this guy: https://www.youtube.com/watch?v=RHg8qIKJo1I&t=1s

wow 100k xmr, imagine he still had them today. He's probably crying hard now. But seriously, someone lock in some profits with me and lets go to vegas this weekend and celebrate new years eve there. You wanna join me.

Nah, I do not enjoy gambling. I tried once with my classmates 10 yrs ago and lost 1 euro and after that I promised myself I do not play cards or other similar games + according to the Jewish law it is pure stealing because the person who loses is not giving up his money willingly sincehe has in mind that I will win (Rav Yosef Karo, Shulchan Aruch).
I prefer investing and sticking also long term. Also I do not want to start a correspondence with tax authorities.

So dont gamble dude, dont eat any pork. You can still enjoy the titties and pussy. Lost of sexy chicks to bang. Comon. Join me!

[IlettheDogeoutt]

Thanks xmr buyers. im out and now have free btc to do what I wish with. profit so good im going on vacation. Anyone here want to join me with their new found wealth?

Nah, I'm sticking around for a lot longer, thanks though and enjoy your vacation, I'm looking more for of a retirement type of deal.

Retirement baby. make it happen but whats a few k in the retirement picture. lock in them profits and lets fly to vegas.

Nr-G, is that you again? 

Maybe.

Its a secret, just like who Satoshi is.

[TrueCryptonaire]

Thanks xmr buyers. im out and now have free btc to do what I wish with. profit so good im going on vacation. Anyone here want to join me with their new found wealth?

You remind me of this guy: https://www.youtube.com/watch?v=RHg8qIKJo1I&t=1s

wow 100k xmr, imagine he still had them today. He's probably crying hard now. But seriously, someone lock in some profits with me and lets go to vegas this weekend and celebrate new years eve there. You wanna join me.

Nah, I do not enjoy gambling. I tried once with my classmates 10 yrs ago and lost 1 euro and after that I promised myself I do not play cards or other similar games + according to the Jewish law it is pure stealing because the person who loses is not giving up his money willingly sincehe has in mind that I will win (Rav Yosef Karo, Shulchan Aruch).
I prefer investing and sticking also long term. Also I do not want to start a correspondence with tax authorities.

So dont gamble dude, dont eat any pork. You can still enjoy the titties and pussy. Lost of sexy chicks to bang. Comon. Join me!

LOL! 
You are funny.
Sure intimacy and sex are beautiful things, I am not pro-celibacy. Having good sex with a person you consider beautiful is probably the most wonderful thing a man can have in this life.
That being said, sounds like it is not allowed in the form you are suggesting, I think Las Vegas has very little to none to offer to me. I prefer helping the Moshiach to come to the world by donating the best cause I know: http://www.divineinformation.com/donate-now/

[vgo]

Wow, It seems that "the Chinese" are buying tons of the new synthetic drug called -P&D- in the "dark market" with Moneros ...

lol, "dark market" go wild.

( Thanks for profits  )