[XMR] Monero - A secure, private, untraceable cryptocurrency - page 130.

visdude

legendary

Activity: 1081

Merit: 1001

Quote from: CryptoZoologist on October 27, 2018, 10:12:49 AM

So in the past month i got really heavily invested in monero for the long hodl, because I really believe in this project, but after reading some reddit FUD I became a bit concerned. In the monero cons thread someone mentioned that competition like zcash for example might be able to easily outpace monero as we close to global adoption, simply because of the difference in the funding structure of the two coins, citing that projects like zcash have big money behind them instead of relying solely on the donations from the community.

Could someone alleviate my concerns about this? I intend to hodl, but if this concern is legit I might have to take this into account.

It sounds more like you're seeking affirmation; the Stuart Smalley kinda affirmation. I'd spend an itsy-bitsy portion of that huge XMR investment of yours to pay for a shrink. He'd/she'd be more in a position to professionally alleviate your concerns rather than seeking for it in a forum.

visdude

legendary

Activity: 1081

Merit: 1001

Are there other reliable instant/account-less crypto-crypto exchanges? That Erik dude recently turned to the dark side. Angry

sefirotius

full member

Activity: 658

Merit: 102

IDENA.IO - Proof-Of-Person Blockchain

I used to have some coins that I lost my wallet I still remember at the start of the monero there was a distribution of coins giving 25 coins to everyone

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: CryptoZoologist on October 27, 2018, 10:12:49 AM

So in the past month i got really heavily invested in monero for the long hodl, because I really believe in this project, but after reading some reddit FUD I became a bit concerned. In the monero cons thread someone mentioned that competition like zcash for example might be able to easily outpace monero as we close to global adoption, simply because of the difference in the funding structure of the two coins, citing that projects like zcash have big money behind them instead of relying solely on the donations from the community.

Could someone alleviate my concerns about this? I intend to hodl, but if this concern is legit I might have to take this into account.

Zcashes trend line was predicted in this thread when it was launched and that trend has held true to that prediction and it will not change. It will continue to slowly fade away. DYOR and just read the threads from it's launch, everything forecasted has come to pass and then marvel at the beauty of Zooko wearing a monero labs t-shirt.

^^^--- What does that tell you?

BTW looking at that coffee table it looks like lines were being done with a bowie knife, or maybe making some fake ID's Or both!

CryptoZoologist

newbie

Activity: 2

Merit: 0

So in the past month i got really heavily invested in monero for the long hodl, because I really believe in this project, but after reading some reddit FUD I became a bit concerned. In the monero cons thread someone mentioned that competition like zcash for example might be able to easily outpace monero as we close to global adoption, simply because of the difference in the funding structure of the two coins, citing that projects like zcash have big money behind them instead of relying solely on the donations from the community.

Could someone alleviate my concerns about this? I intend to hodl, but if this concern is legit I might have to take this into account.

Endemicc

jr. member

Activity: 124

Merit: 2

I still believe that Monero will be very much used in the future.I'm sure it's one of the right projects.Monero is definitely different, Monero will get a place in our future.

Mrpumperitis

legendary

Activity: 2758

Merit: 1075

https://nexo.io/monero-loan
Vote for Monero to be added as collateral for Nexo's instant crypto-backed loans

strawbs

legendary

Activity: 868

Merit: 1340

Quote from: Colin Memfis on October 25, 2018, 09:39:21 AM

Probably, this question has already been asked many times, but I am worried about the moral aspect. By conducting completely anonymous transactions, you can finance absolutely anything in the world. starting from buying drugs and ending with terrorism. Do not plan - whether you somehow limit these options?

You mean, in the same way that cash is currently used?

GingerAle

legendary

Activity: 1260

Merit: 1008

Quote from: Colin Memfis on October 25, 2018, 09:39:21 AM

Probably, this question has already been asked many times, but I am worried about the moral aspect. By conducting completely anonymous transactions, you can finance absolutely anything in the world. starting from buying drugs and ending with terrorism. Do not plan - whether you somehow limit these options?

the question is why those things exist in the first place.

im not saying that a truly free money will revolutionize civilization, but yah never know what will happen when you don't have nation states printing money, waging wars with their printed money, etc., etc.

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

Quote from: zot57 on October 25, 2018, 11:35:38 AM

Quote from: dEBRUYNE on October 25, 2018, 01:26:14 AM

Quote from: zot57 on October 24, 2018, 12:17:56 PM

To answer your question. The problem is I didn't know how to stop new wallet from downloading blockchain to my C driver ProgramData\bitmonero and my C drive is SSD on which I don't have enough space for blockchain.
I couldn't find instructions either.
Ok, so in wallet Settings > Node > I chose directory of old blockchain but I see it is not connecting to that but downloading again from start.
What is the proper directory setup to connect, do I need to choose some file? Instructions are not clear about that.

Can you tell (or PM) me the exact directory the correct blockchain file (data.mdb) is located? Then I can provide specific instructions.

D:\Monero\lmdb\data.mdb

The Blockchain Location on the Settings page has to be set to D:\Monero then. Hopefully this helps.

birr

hero member

Activity: 870

Merit: 585

Quote from: Colin Memfis on October 25, 2018, 09:39:21 AM

Probably, this question has already been asked many times, but I am worried about the moral aspect. By conducting completely anonymous transactions, you can finance absolutely anything in the world. starting from buying drugs and ending with terrorism. Do not plan - whether you somehow limit these options?

Hey, Chicken Little:
"If you don't like the heat, get out of the kitchen"
and leave Monero to the big boys.

OMG! Turrurusm! Driggs!

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: Simss on October 24, 2018, 08:25:52 PM

If you install the new xmr stack there is even a message saying something like, brought to you by ryo coin, the coin where we will be able to do everything we were not able to do in Monero, or something along these lines... WTF?? Deleted it immediately after I read this.

Lol never heard of it so just found thread. Scam V./s scam...Go

https://bitcointalk.org/index.php?topic=4413010.480

zot57

newbie

Activity: 165

Merit: 0

Quote from: dEBRUYNE on October 25, 2018, 01:26:14 AM

Quote from: zot57 on October 24, 2018, 12:17:56 PM

To answer your question. The problem is I didn't know how to stop new wallet from downloading blockchain to my C driver ProgramData\bitmonero and my C drive is SSD on which I don't have enough space for blockchain.
I couldn't find instructions either.
Ok, so in wallet Settings > Node > I chose directory of old blockchain but I see it is not connecting to that but downloading again from start.
What is the proper directory setup to connect, do I need to choose some file? Instructions are not clear about that.

Can you tell (or PM) me the exact directory the correct blockchain file (data.mdb) is located? Then I can provide specific instructions.

D:\Monero\lmdb\data.mdb

Febo

legendary

Activity: 2730

Merit: 1288

Quote from: mattcode on October 25, 2018, 02:43:30 AM

Quote from: Simss on October 24, 2018, 08:25:52 PM

If you install the new xmr stack there is even a message saying something like, brought to you by ryo coin, the coin where we will be able to do everything we were not able to do in Monero, or something along these lines... WTF?? Deleted it immediately after I read this.

The developer of xmr-stak got upset after not getting paid via the FFS, so now he plays by himself with a new coin.

Actually to be correct. He did not wanted to do a FFS at all, but he wanted to do it on some different way. I am not sure what he wanted to develop back then. Whatever it was I am sure he would get founded fast if he would make a FFS. At that time there was lack of FFs and lots of interests in founding them.

Colin Memfis

newbie

Activity: 154

Merit: 0

Probably, this question has already been asked many times, but I am worried about the moral aspect. By conducting completely anonymous transactions, you can finance absolutely anything in the world. starting from buying drugs and ending with terrorism. Do not plan - whether you somehow limit these options?

myagui

legendary

Activity: 1154

Merit: 1001

Quote from: GingerAle on October 24, 2018, 03:02:08 PM

Quote from: adaseb on October 24, 2018, 01:05:50 PM

Quote from: myagui on October 24, 2018, 03:05:15 AM

Hello guys and gals.

Been away for some time, but was thinking I'd run a Monero miner again in some small pool to support the network.
I was going through the OP to find the necessary resources, but am finding that a bunch of information there is quite outdated. Old miners, broken link to forum and others, etc. This is just a heads up, as I didn't quite have the time to review everything or come up with corrections...

Finally, could someone point me to a helpful post with *current* information on how to mine? Thanks!

Basically I don't know how long you have been away but alot has changed with XMR in the last year. Basically we first got the network hit with ASICs, which lead to a hard-fork called Cryptonite V7, and last week we had the algorithm changed again due to unfair FGPA mining.

The only miners supported are SRBMiner and XMR-Stak. The rest don't work anymore. Nicehash just uses XMR-Stak in the background and Claymore miner only support V7.

Depending on what GPU you have, you can make more profit mining XMR than ETH and the other coins.

It wasn't changed due to unfair FPGA mining. It was changed again because thats the new policy. Every 6 months the monero network is gonna have a different tweaked PoW.

Because its more fun that way.

Thanks GigerAle and adaseb. Its proving quite fun to be a sort-of-newbie at some stuff again. Wink

mattcode

copper member

Activity: 282

Merit: 31

Quote from: Simss on October 24, 2018, 08:25:52 PM

If you install the new xmr stack there is even a message saying something like, brought to you by ryo coin, the coin where we will be able to do everything we were not able to do in Monero, or something along these lines... WTF?? Deleted it immediately after I read this.

The developer of xmr-stak got upset after not getting paid via the FFS, so now he plays by himself with a new coin.

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

CLI v0.13.0.4 'Beryllium Bullet' released!

https://www.reddit.com/r/Monero/comments/9r7inb/cli_v01304_beryllium_bullet_released/

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

Quote from: zot57 on October 24, 2018, 12:17:56 PM

Quote from: dEBRUYNE on October 23, 2018, 04:09:37 PM

You can set the blockchain location to the proper directory on the settings page. May I ask why you deleted everything though? You should've simply followed the instructions on how to upgrade here:

https://www.reddit.com/r/Monero/comments/9ol2ic/gui_v01303_beryllium_bullet_released/

To answer your question. The problem is I didn't know how to stop new wallet from downloading blockchain to my C driver ProgramData\bitmonero and my C drive is SSD on which I don't have enough space for blockchain.
I couldn't find instructions either.
Ok, so in wallet Settings > Node > I chose directory of old blockchain but I see it is not connecting to that but downloading again from start.
What is the proper directory setup to connect, do I need to choose some file? Instructions are not clear about that.

Can you tell (or PM) me the exact directory the correct blockchain file (data.mdb) is located? Then I can provide specific instructions.

GingerAle

legendary

Activity: 1260

Merit: 1008

Quote from: Simss on October 24, 2018, 08:25:52 PM

If you install the new xmr stack there is even a message saying something like, brought to you by ryo coin, the coin where we will be able to do everything we were not able to do in Monero, or something along these lines... WTF?? Deleted it immediately after I read this.

yeah, they are one of the few actively updating the mining software.

Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 130. (Read 4671114 times)