Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1019. (Read 4670673 times)

Quote from: arnuschky on April 02, 2015, 08:26:51 AM

With XMR.TO we can send to a btc address privately. What needs to be done in order to receive privately from a btc address?

Create new Bitcoin address and never spend that coins/ use mixer/ exchange them back to monero

Bribe us to implement the other direction! Wink

No, seriously: if there's considerable interest, we might consider implementing BTC->XMR.
It's not on the dev schedule as of yet, as we weren't sure about its usefulness.

Opinions?

Think its a great Idea.... New to Monero but so far loving everything I have been researching...Could do with out seeing the devs/faces of the project plastered everywhere arguing with every god dam thread but hey, ..this is crypto Wink

................ I think making it BTC->XMR could be a big help to drive user adoption and reduce friction in the XMR purchase process. Having away to seamlessly go from Mass adoption (BTC) to Monero can be nothing but helpful. Its basically a Monero tailored ShapeShift.io (Which if I read correctly erik will be adding Monero to shapeshift in the near future!!)

XMR.me!

pookielax31

sr. member

Activity: 462

Merit: 500

Quote from: child_harold on April 02, 2015, 09:39:36 AM

With XMR.TO we can send to a btc address privately. What needs to be done in order to receive privately from a btc address?

Create new Bitcoin address and never spend that coins/ use mixer/ exchange them back to monero

Bribe us to implement the other direction! Wink

No, seriously: if there's considerable interest, we might consider implementing BTC->XMR.
It's not on the dev schedule as of yet, as we weren't sure about its usefulness.

Opinions?

Think its a great Idea.... New to Monero but so far loving everything I have been researching...Could do with out seeing the devs/faces of the project plastered everywhere arguing with every god dam thread but hey, ..this is crypto Wink

................ I think making it BTC->XMR could be a big help to drive user adoption and reduce friction in the XMR purchase process. Having away to seamlessly go from Mass adoption (BTC) to Monero can be nothing but helpful. Its basically a Monero tailored ShapeShift.io (Which if I read correctly erik will be adding Monero to shapeshift in the near future!!)

vokain

legendary

Activity: 1834

Merit: 1019

Quote from: vokain on April 02, 2015, 09:08:50 AM

Quote from: child_harold on April 01, 2015, 10:30:46 PM

Quote from: child_harold on April 01, 2015, 10:18:16 PM

Quote from: fluffypony on April 01, 2015, 12:27:49 PM

… there are no XMR "investors". Monero is a medium of exchange and a store of value. If individuals purchase units of Monero they do not directly enrich me or the rest of the core team.

really?

Of course they don't. They don't even necessarily increase the price if they don't buy at higher prices than previous investors did. Some new investors showed up during the low period, they bought slowly and cautiously, not bidding up the price.

Either way the money from investors doesn't go into the project the way selling stock in a company does. Currency "investors" are always speculators; they are not buying a productive asset of any kind.

ok. got it.

lol!

anyway I think what smooth might mean is that Monero as a currency won't find a productive use like say, gold has, past what it already does since inception. One monero will always be that entry in a private ledger, ultimately. The only thing that changes is how we interact with the protocol ruleset that allows as such.

Let's hope so! Does having a public ledger (BTC) changes this? i.e. more like gold/ a "productive asset"?

BTC and Monero are both public ledgers in the sense that anyone and everyone can verify that the information coming from the blockchain is valid. However, the structure of the two technologies differ in their manner of encrypting the link between transactions, where with Bitcoin you can link one transaction to another quite easily, and Monero you can't, thus making Monero both a private and public ledger. That this is how Monero simply is doesn't change anything about it.

child_harold

hero member

Activity: 812

Merit: 1000

Quote from: vokain on April 02, 2015, 09:08:50 AM

Quote from: child_harold on April 01, 2015, 10:30:46 PM

Quote from: child_harold on April 01, 2015, 10:18:16 PM

Quote from: fluffypony on April 01, 2015, 12:27:49 PM

… there are no XMR "investors". Monero is a medium of exchange and a store of value. If individuals purchase units of Monero they do not directly enrich me or the rest of the core team.

really?

Of course they don't. They don't even necessarily increase the price if they don't buy at higher prices than previous investors did. Some new investors showed up during the low period, they bought slowly and cautiously, not bidding up the price.

Either way the money from investors doesn't go into the project the way selling stock in a company does. Currency "investors" are always speculators; they are not buying a productive asset of any kind.

ok. got it.

lol!

anyway I think what smooth might mean is that Monero as a currency won't find a productive use like say, gold has, past what it already does since inception. One monero will always be that entry in a private ledger, ultimately. The only thing that changes is how we interact with the protocol ruleset that allows as such.

Let's hope so! Does having a public ledger (BTC) changes this? i.e. more like gold/ a "productive asset"?

vokain

legendary

Activity: 1834

Merit: 1019

Quote from: child_harold on April 01, 2015, 10:30:46 PM

Quote from: child_harold on April 01, 2015, 10:18:16 PM

Quote from: fluffypony on April 01, 2015, 12:27:49 PM

… there are no XMR "investors". Monero is a medium of exchange and a store of value. If individuals purchase units of Monero they do not directly enrich me or the rest of the core team.

really?

Of course they don't. They don't even necessarily increase the price if they don't buy at higher prices than previous investors did. Some new investors showed up during the low period, they bought slowly and cautiously, not bidding up the price.

Either way the money from investors doesn't go into the project the way selling stock in a company does. Currency "investors" are always speculators; they are not buying a productive asset of any kind.

ok. got it.

lol!

anyway I think what smooth might mean is that Monero as a currency won't find a productive use like say, gold has, past what it already does since inception. One monero will always be that entry in a private ledger, ultimately. The only thing that changes is how we interact with the protocol ruleset that allows as such.

Globb0

legendary

Activity: 2674

Merit: 2053

Free spirit

Quote from: arnuschky on April 02, 2015, 08:26:51 AM

Quote from: arnuschky on April 02, 2015, 08:26:51 AM

With XMR.TO we can send to a btc address privately. What needs to be done in order to receive privately from a btc address?

Create new Bitcoin address and never spend that coins/ use mixer/ exchange them back to monero

Bribe us to implement the other direction! Wink

No, seriously: if there's considerable interest, we might consider implementing BTC->XMR.
It's not on the dev schedule as of yet, as we weren't sure about its usefulness.

Opinions?

Your service is amazing! great job.

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

A new missive is out! #27

Quote

EXTERN PROJECTS FOR THE WEEK OF 2015-03-30

To download the podcast directly please use this link to the MP3, or this link to the AAC/MP4, or this link to the FLAC.

A brief summary of the points discussed follows, a full transcription of the podcast is outstanding (can be submitted via Github Issues ).

In this week's podcast we interview Jojatekok, the 17 year old creator of the MoneroX GUI, and discuss his switch to cross-platform support for MoneroX, as well as some of his future plans. We also spend some time musing over his youth, and wondering where ours went to!

Until next week!

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

With XMR.TO we can send to a btc address privately. What needs to be done in order to receive privately from a btc address?

Create new Bitcoin address and never spend that coins/ use mixer/ exchange them back to monero

Bribe us to implement the other direction! Wink

No, seriously: if there's considerable interest, we might consider implementing BTC->XMR.
It's not on the dev schedule as of yet, as we weren't sure about its usefulness.

Opinions?

There is probably some interest from people that want to buy small amounts, but rather not use exchanges. So if it's not to much work for you guys, I would certainly implement it. Implementing could also boost the XMR -> BTC traffic and give the website in general more attention.

arnuschky

hero member

Activity: 518

Merit: 502

With XMR.TO we can send to a btc address privately. What needs to be done in order to receive privately from a btc address?

Create new Bitcoin address and never spend that coins/ use mixer/ exchange them back to monero

Bribe us to implement the other direction! Wink

No, seriously: if there's considerable interest, we might consider implementing BTC->XMR.
It's not on the dev schedule as of yet, as we weren't sure about its usefulness.

Opinions?

wangx024

newbie

Activity: 54

Merit: 0

i used yam minerd xmr.
After performing frequently abnormal exit (Error: No such node (result)), there is no argument may be able to proceed after abnormal exit?
thanks

child_harold

hero member

Activity: 812

Merit: 1000