Topic: [ANN] [POW] [MSR] Masari - simple, scalable, and secure cryptocurrency - page 40. (Read 85412 times)
April 29, 2018, 04:49:46 AM
What are the options to buy large amounts of Masari besides current Exchanges ?
April 28, 2018, 03:18:46 PM
Interesting! Can you ELI5 to me how do you understand this from the block explorer? A transaction with 100-250 inputs how many msr contains?
You don't see the amount. What you see is the number of inputs. And that's all I need to know to draw the conclusion. At this stage where MSR is not used by any merchant, an address with so many inputs is very likely a miner's address.
Yes, it could also be the address of an exchange sending out withdrawals, but these have usually much less inputs currently.
You see those tx in the block explorer and some time later (20 confirmations for TradeOgre) a ton of liquidity is being added to or removed from the order book. Today it was rather the latter, dumping sans economic reason into all bids down to nearly 10k.
April 28, 2018, 02:48:50 PM
I hope everyone filled their bags. The dump might be over soon. This was clearly a desperate miner dumping like crazy. You could see that coming in the block explorer over the past few hoiurs. Those transactions which have 100-250 inputs are coming from miner addresses. When they send a large amount of coins to an exchange the tx is built from a ton of smaller mining pool payouts. When you see one of those in the block explorer, you can be sure it will hit the exchange 20+ blocks later.
Interesting! Can you ELI5 to me how do you understand this from the block explorer? A transaction with 100-250 inputs how many msr contains?
April 28, 2018, 02:24:44 PM
If I buy on tradeogre right now.
The fork will not affect my coins right?
The fork will not affect my coins right?
Of course not. What happens in the market on an exchange happens off-chain and once you decide to withdraw your purchased coins to your wallet, the exchange will send you the coins on-chain on the valid chain.
You of course have to run the latest daemon too and be on the valid chain too after the HF. If you withdraw now long before the HF, the HF is totally irrelevant.
April 28, 2018, 02:12:17 PM
If I buy on tradeogre right now.
The fork will not affect my coins right?
The fork will not affect my coins right?
April 28, 2018, 01:04:25 PM
Exactly. There are junk coins and zombie coins that have a much higher price, offer zero innovation, and somehow people keep buying them. MSR is new, trying to add innovative fixes to XMR, and the price is still dirt cheap. Eventually, there will be a hoard of new buyers and the price will run away.
Masari will be at $20 within a few months if the current still young crypto bull market keeps going. Today has been a lucky day for all those who want to get into it (or buy back into it), thanks to the angry ASIC miner who dumped (and is still dumping) his coins at a huge profit loss, obviously pissed that he will be forked out in three days from now (clearly not the brightest bulb on the tree). I guess most of the current hashrate is just one or a couple of guys who got a large CN ASIC batch due to the MOQ. Once he runs dry, prepare for the lift off. It's good that he is dumping. This will severely restrict the supply later. Once people learn about Masari and serious demand sets in, booom!
April 28, 2018, 12:04:37 PM
Just curious..shouldnt this coin be closer to the price of monero classic and monero original? Is the only reason those two are high because they are simply a monero fork and masari is based on monero?
I think it will start climbing to their prices once the fork is complete and there is no longer an ASIC threat. MSR isn't on the same level as those two - I think it is better. There is more innovation.
Same here. Masari should be 1/10 Monero's price. Like bitcoin/litecoin, if not to say, Masari is far better than just a clone. We'll see in the future.
Exactly. There are junk coins and zombie coins that have a much higher price, offer zero innovation, and somehow people keep buying them. MSR is new, trying to add innovative fixes to XMR, and the price is still dirt cheap. Eventually, there will be a hoard of new buyers and the price will run away.
April 28, 2018, 10:37:13 AM
I hope everyone filled their bags. The dump might be over soon. This was clearly a desperate miner dumping like crazy. You could see that coming in the block explorer over the past few hoiurs. Those transactions which have 100-250 inputs are coming from miner addresses. When they send a large amount of coins to an exchange the tx is built from a ton of smaller mining pool payouts. When you see one of those in the block explorer, you can be sure it will hit the exchange 20+ blocks later.
It is of course utterly stupid to sell that way. He lost thousands of USD doing so. But good for everyone else who got cheap coins before the rocket goes up again.
EDIT: Right after I posted this message someone BTFD and price jumped from 11k to 15k sat.
EDIT: Now that the desperate guy dumped his coins cheap, there isn't much for grab up to the ATH. It's only 2.2 BTC worth of coins until ATH at 22k sat.
It is of course utterly stupid to sell that way. He lost thousands of USD doing so. But good for everyone else who got cheap coins before the rocket goes up again.
EDIT: Right after I posted this message someone BTFD and price jumped from 11k to 15k sat.
EDIT: Now that the desperate guy dumped his coins cheap, there isn't much for grab up to the ATH. It's only 2.2 BTC worth of coins until ATH at 22k sat.
April 28, 2018, 09:30:20 AM
when gui wallet? will the gui wallet be available before the fork?
The GUI should be out before the fork! Keep looking here and I will add the links when they are out:
https://www.reddit.com/r/masari/comments/8epxdt/masari_hard_fork_v5_download_links_instructions/
However, if you want, you can download the v0.2 CLI, delete 'masarid' from your v0.1.4 GUI folder, and move the v0.2 CLI 'masarid' to your v0.1.4 GUI folder. This way, you will be ready for the fork, you just won't have any new features like sub addresses until the v0.2 GUI comes out.
April 28, 2018, 07:56:37 AM
when gui wallet? will the gui wallet be available before the fork?
April 28, 2018, 07:04:53 AM
EDIT: I also want to use this opportunity to thank those who are selling me their MSR for 15-16k on TradeOgre. I sold appr. 25% of my stash from 20k to 22k (to lower my exposure) and I am happily buying back all of them now at a 25% discount. Keep them coming!
I feel that Masari is still underestimated, there is a lot of ignorance nowadays. This is the best cryptonote below XMR
April 28, 2018, 12:51:17 AM
if to remove ASIC, h/s will fall and production capacity will be less, it turns out the GPU will get 10-20 coins per day, which is not natural to date.
Well, how much will the coin cost?
Well, how much will the coin cost?
"Production capacity" will be the same as with ASICs. The same amount of coins will be mined every day since it is enforced by the DAA, no matter how much hashrate is thrown at it.
I think you are very optimistic if you believe that one GPU will mine 10-20 MSR after the May 1st HF. That's not going to happen. I guess one GPU will mine less than 1 MSR per day. There is an abundance of GPUs out there which will start mining MSR as soon as it becomes profitable again. Orders of magnitude more GPUs than those which mined Masari previously. Hashrate follows price.
EDIT: I also want to use this opportunity to thank those who are selling me their MSR for 15-16k on TradeOgre. I sold appr. 25% of my stash from 20k to 22k (to lower my exposure) and I am happily buying back all of them now at a 25% discount. Keep them coming!
April 27, 2018, 03:54:19 PM
if to remove ASIC, h/s will fall and production capacity will be less, it turns out the GPU will get 10-20 coins per day, which is not natural to date.
Well, how much will the coin cost?
Well, how much will the coin cost?
April 27, 2018, 02:40:13 PM
Well, despite of the commonly used term "Litecoin of Monero", we cannot forget that Masari aims to provide some improvements over Monero, some of them already implemented, like the fixed default Ring CT size of 13 and a better Difficulty Adjustment Algorithm, and some others to come, as already spoken and pointed on the official page roadmap.
April 27, 2018, 12:00:13 PM
Just curious..shouldnt this coin be closer to the price of monero classic and monero original? Is the only reason those two are high because they are simply a monero fork and masari is based on monero?
I think it will start climbing to their prices once the fork is complete and there is no longer an ASIC threat. MSR isn't on the same level as those two - I think it is better. There is more innovation.
Same here. Masari should be 1/10 Monero's price. Like bitcoin/litecoin, if not to say, Masari is far better than just a clone. We'll see in the future.
April 27, 2018, 11:29:07 AM
Just curious..shouldnt this coin be closer to the price of monero classic and monero original? Is the only reason those two are high because they are simply a monero fork and masari is based on monero?
I think it will start climbing to their prices once the fork is complete and there is no longer an ASIC threat. MSR isn't on the same level as those two - I think it is better. There is more innovation.
April 27, 2018, 11:13:20 AM
Hi, MSR miners. Our pool has 5M hashing power. We provide very low pool fee and extremely low latency for ASIA/China miners. Our pool has found nearly 50 blocks. The payment works pretty good! Welcome to join us! 
youpool.io/MSR
Just set your mining rig as follows; msr.youpool.io:5559
If you have any questions, please join our Discord Server:
https://discord.gg/xSgRjVq
PS: Hi, admins. Could you please add our pool to the pool list in the ANN? Thanks!
Happy mining!
欢迎国内的矿工加入我们，我们池子有5m算力，服务器在阿里云杭州，国内延时低于50ms，矿池稳定出矿。您可以加入我们qq群：718415970
youpool.io
youpool.io/MSR
Just set your mining rig as follows; msr.youpool.io:5559
If you have any questions, please join our Discord Server:
https://discord.gg/xSgRjVq
PS: Hi, admins. Could you please add our pool to the pool list in the ANN? Thanks!
Happy mining!
欢迎国内的矿工加入我们，我们池子有5m算力，服务器在阿里云杭州，国内延时低于50ms，矿池稳定出矿。您可以加入我们qq群：718415970
youpool.io
Please state the fees of the pool.
Hi, the fee is only 0.4%. Thanks and welcome to join us!
April 27, 2018, 09:54:29 AM
trying to mine SMR but keep getting this error:
JSON-RPC call failed: {
quot;codequot;: -1,
quot;messagequot;: quot;invalid methodquot;
}
Using Nvidia 1070s and ccminer-skunk-krnlx
Any idea what the error might be ?
edit: okay problem solved - tried ccminer-tpruvot-v2.2.5 and working fine now
JSON-RPC call failed: {
quot;codequot;: -1,
quot;messagequot;: quot;invalid methodquot;
}
Using Nvidia 1070s and ccminer-skunk-krnlx
Any idea what the error might be ?
edit: okay problem solved - tried ccminer-tpruvot-v2.2.5 and working fine now
April 27, 2018, 08:36:52 AM
Masari No 1 coin traded on TradeOgre with 278k $$$ daily trades on this exchange only.
April 27, 2018, 07:23:54 AM
Excellent description of the project. I saw that taken from the monaro (including the logo), but did not see that differs from monero
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