Can anyone help me?
I`m mining XMR here - http://moneropool.com/
My wallet has a status "Ready" and Connections "12 peers".
In accordance with my stats at that pool I must receive 3.3+ XMR, but it is already second day and they are still not in my wallet. I`ve checked transactions here - http://monerochain.info by my wallet address and there is no transactions in direction of my address.
How can that be?
Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1564. (Read 4670622 times)
August 10, 2014, 07:09:49 AM
August 10, 2014, 07:06:58 AM
there was a 5620 XMR dumped on bittrex right down to .003 this morning
I have bought some when the value was about .0045, do you think it will recover or I should sell now and take the loss?
I'm not sure, I'm not selling, but it is disappointing to see a strong coin like Monero fall like this. What does it say? That the market is not interested in strong coins at all? But the market is more interested in fluff?
It seems the folly of man is going to be our downside, not any issue with Monero itself.
Dark times.
In the whole history of Cryptocurrencies that has in fact been the same. Prices and markets are always driven by short term profit, that is to say the real weight of money is looking for that.
'Investment' in true value and utility is a much longer game, much smaller capital, and it often suffers from the ebbs and flows of profiteers.
It has always been thus with stocks, commodities etc.. Without the markets, new ideas would not be funded : price paid.
August 10, 2014, 07:01:45 AM
there was a 5620 XMR dumped on bittrex right down to .003 this morning
I have bought some when the value was about .0045, do you think it will recover or I should sell now and take the loss?
I'm not sure, I'm not selling, but it is disappointing to see a strong coin like Monero fall like this. What does it say? That the market is not interested in strong coins at all? But the market is more interested in fluff?
It seems the folly of man is going to be our downside, not any issue with Monero itself.
Dark times.
I'm no good at TA or anything like that, but I can tell you that price movements are part of the market, and so is market manipulation. It only takes a kitty of a couple of hundred BTC to control the XMR trading market right now, so you can't take price shifts as indicative of anything. I mean, let's not forget that Bitcoin's flash crashes have typically settled at 50% of the high before the crash, with the worse taking Bitcoin's value down by 80% in seconds in February of this year.
The only time one should pronounce Monero as dead is if we (the core team) suspend development and walk away. The price genuinely doesn't matter to the core team, and it shouldn't matter to anyone who views Monero as having long-term potential. That long-term potential will take many months to be realised, and it will require a lot of the current efforts to fall into place before utility and usefulness can grow.
Just check out Peercoin, though not offering privacy, has a lot going for it:
http://www.cryptocoincharts.info/v2/pair/ppc/btc/btc-e/6-months
August 10, 2014, 06:53:51 AM
there was a 5620 XMR dumped on bittrex right down to .003 this morning
I have bought some when the value was about .0045, do you think it will recover or I should sell now and take the loss?
I'm not sure, I'm not selling, but it is disappointing to see a strong coin like Monero fall like this. What does it say? That the market is not interested in strong coins at all? But the market is more interested in fluff?
It seems the folly of man is going to be our downside, not any issue with Monero itself.
Dark times.
I'm no good at TA or anything like that, but I can tell you that price movements are part of the market, and so is market manipulation. It only takes a kitty of a couple of hundred BTC to control the XMR trading market right now, so you can't take price shifts as indicative of anything. I mean, let's not forget that Bitcoin's flash crashes have typically settled at 50% of the high before the crash, with the worse taking Bitcoin's value down by 80% in seconds in February of this year.
The only time one should pronounce Monero as dead is if we (the core team) suspend development and walk away. The price genuinely doesn't matter to the core team, and it shouldn't matter to anyone who views Monero as having long-term potential. That long-term potential will take many months to be realised, and it will require a lot of the current efforts to fall into place before utility and usefulness can grow.
August 10, 2014, 06:39:14 AM
there was a 5620 XMR dumped on bittrex right down to .003 this morning
I have bought some when the value was about .0045, do you think it will recover or I should sell now and take the loss?
I'm not sure, I'm not selling, but it is disappointing to see a strong coin like Monero fall like this. What does it say? That the market is not interested in strong coins at all? But the market is more interested in fluff?
It seems the folly of man is going to be our downside, not any issue with Monero itself.
Dark times.
August 10, 2014, 06:01:12 AM
Now that Anoncoin and Monero are working together at http://privacysolutions.no/, I just thought that I would mention that there are two bounties concerning cryptocurrency anonymity being offered at Anoncoin that might interest people here.
The first is for writing an online article that describes the major privacy/anonymity solutions that are currently available, such as stealth addresses, coinjoin, darksend, ring signatures, zerocoin, and zerocash.
The other is for writing an online article that describes how I2P and Tor are a necessary part of keeping cryptocurrency transactions anonymous.
One of the problems that we are all facing is that there is a lot of confusion and smoke and mirrors concerning "anonymous" cryptocurrencies. It is probably safe to say that the majority of people aren't capable of evaluating the claims that are being made. These two articles would offer a good opportunity to educate people about the various solutions that are being offered.
https://wiki.anoncoin.net/Bounties
btw, there is no requirement to mention either Anoncoin or Monero.
Cheers,
The first is for writing an online article that describes the major privacy/anonymity solutions that are currently available, such as stealth addresses, coinjoin, darksend, ring signatures, zerocoin, and zerocash.
The other is for writing an online article that describes how I2P and Tor are a necessary part of keeping cryptocurrency transactions anonymous.
One of the problems that we are all facing is that there is a lot of confusion and smoke and mirrors concerning "anonymous" cryptocurrencies. It is probably safe to say that the majority of people aren't capable of evaluating the claims that are being made. These two articles would offer a good opportunity to educate people about the various solutions that are being offered.
https://wiki.anoncoin.net/Bounties
btw, there is no requirement to mention either Anoncoin or Monero.
Cheers,
August 10, 2014, 05:34:58 AM
there was a 5620 XMR dumped on bittrex right down to .003 this morning
I have bought some when the value was about .0045, do you think it will recover or I should sell now and take the loss?
August 10, 2014, 05:33:07 AM
there was a 5620 XMR dumped on bittrex right down to .003 this morning
August 09, 2014, 10:51:07 PM
thanks guys!guess ill switch pools.
August 09, 2014, 09:48:54 PM
Hi i just started mining monero.can i solo mine using gpu?if not..whats the best pool to use?
Solo mining is currently CPU only.
See list of pools in first post of this thread.
I tried solo mining monero overnight using this pool http://xmr.farm/ ,about 7 hrs, I dont get any xmr at all.Is this normal?
Pending Balance: 0.000000000000 XMR
Total Paid: 0.000000000000 XMR
Last Share Submitted: about an hour ago
Hash Rate: 0 H/sec
Total Hashes Submitted: 4079880
Slow pony but I'll post this anyway.
You either solo mine or mine on a pool.
I just checked your pool's site and the last block they found was 3 days ago and you wont be paid till they find a block and you will get paid according to the percentage of hashes you contributed to the pool during time it took them to find a block. They finding a block on average every 4 days. Using a small pool means you get paid less often but when you get paid it is a larger amount compared to a large pool. On average it is the same. With the pool I'm on the average for finding a block is ~15 hrs and it has varied from as long as 4 days to as short as 7 minutes.
August 09, 2014, 09:44:09 PM
Hi i just started mining monero.can i solo mine using gpu?if not..whats the best pool to use?
Solo mining is currently CPU only.
See list of pools in first post of this thread.
I tried solo mining monero overnight using this pool http://xmr.farm/ ,about 7 hrs, I dont get any xmr at all.Is this normal?
Pending Balance: 0.000000000000 XMR
Total Paid: 0.000000000000 XMR
Last Share Submitted: about an hour ago
Hash Rate: 0 H/sec
Total Hashes Submitted: 4079880
The pool got no blocks (see Pool Blocks section on their web site). Nothing wrong with using small pools (when they do get a block you will get a bigger piece of it). If you want more steady income then you need to get onto a slightly larger pool. One getting about 5-10 blocks per day should be fine.
August 09, 2014, 09:15:33 PM
Hi i just started mining monero.can i solo mine using gpu?if not..whats the best pool to use?
Solo mining is currently CPU only.
See list of pools in first post of this thread.
I tried solo mining monero overnight using this pool http://xmr.farm/ ,about 7 hrs, I dont get any xmr at all.Is this normal?
Pending Balance: 0.000000000000 XMR
Total Paid: 0.000000000000 XMR
Last Share Submitted: about an hour ago
Hash Rate: 0 H/sec
Total Hashes Submitted: 4079880
August 09, 2014, 09:07:26 PM
Hi i just started mining monero.can i solo mine using gpu?if not..whats the best pool to use?
Solo mining is currently CPU only.
See list of pools in first post of this thread.
August 09, 2014, 08:57:46 PM
Hi i just started mining monero.can i solo mine using gpu?if not..whats the best pool to use?
August 09, 2014, 07:07:27 PM
I've started a twitter campaign to get "Major Outlets and Exchanges" behind our beloved Monero (XMR). @coindesk @cryptsy etc...
If enough of us let our voice be heard we could make a huge impact!
More info here: https://bitcointalksearch.org/topic/petitioning-cryptsy-btc-e-and-others-for-moneroxmr-731365
If enough of us let our voice be heard we could make a huge impact!
More info here: https://bitcointalksearch.org/topic/petitioning-cryptsy-btc-e-and-others-for-moneroxmr-731365
August 09, 2014, 07:01:52 PM
how's GPU mining compared to CPU mining for this coin?
Great for AMD users, maybe not so much for nvidia users. I get around 650h/s with 2 AMD r9 270x's... Make about one xmr a day using claymores miner. (Is he rich yet lol?)
Edit - claymores miner only runs on winblows too.
1XMR/day will not cover electricity alone, why do you mine monero at a loss ?
Sorry i did not mention that my electricity is free right now.
August 09, 2014, 06:24:54 PM
how's GPU mining compared to CPU mining for this coin?
Great for AMD users, maybe not so much for nvidia users. I get around 650h/s with 2 AMD r9 270x's... Make about one xmr a day using claymores miner. (Is he rich yet lol?)
Edit - claymores miner only runs on winblows too.
1XMR/day will not cover electricity alone, why do you mine monero at a loss ?
August 09, 2014, 06:22:59 PM
how's GPU mining compared to CPU mining for this coin?
Great for AMD users, maybe not so much for nvidia users. I get around 650h/s with 2 AMD r9 270x's... Make about one xmr a day using claymores miner. (Is he rich yet lol?)
Edit - claymores miner only runs on winblows too.
August 09, 2014, 05:53:35 PM
Maybe dumb question, but what are the effects of higher vs lower mixins on
-blockchain size
-transaction speed
-blockchain size
-transaction speed
blockchain size
The higher the mixin the greater the physical transaction size, so if everyone is using a mixin of 100 it would increase tx size (and thus block size) linearly with the mixin amount.
transaction speed
Zero impact. Unlike a coin that uses multiple stages of mixing, onion mixing, or CoinJoin (even with multiple mixing stages) a tx is the same speed whether it has a mixin of 2, 20, or 200.
August 09, 2014, 05:50:12 PM
Maybe dumb question, but what are the effects of higher vs lower mixins on
-blockchain size
-transaction speed
-blockchain size
-transaction speed
TX size grows linerly with mixin count. TX data is the bulk of the blockchain size, block headers being relatively negligible. TX speed is not affected. At this moment TX fees are not affected but that is likely to change in the future.
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