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Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1634. (Read 4670972 times)

newbie
Activity: 46
Merit: 0
I will not insist or argue. The time will tell. One more thing - I think  the time and money spent for so much PR was paid to cover a smart scheme.
legendary
Activity: 1512
Merit: 1012
Still wild and free
I don't understand why "normal" people wouldn't just sell whatever other coin they have and buy XMR if they worry about XMR taking over, instead of trolling it endlessly. Their commitment to other coins (not naming any) in one way or another, must be way above "normal" for them to spend endless efforts sockpupping like that.

I was not reading the altcoin board before Monero, so I don't know if it is something usual or not. But I'm sure they are very poorly working towards their goal, their insistant trolling might even work against there goals.
hero member
Activity: 700
Merit: 500
It's odd that most members my age/activity have 99% of their post history corresponding about XMR in ways that don't even make sense. Bytecoin sockpuppet accounts, obvious is obvious.

Yeah it's too obvious.

Why else would you go troll in a thread of a coin you aren't interested in?

But we all know Monero will end up at the top and Bytecoin bagholders will all end in tears, what else would you expect from a 82% premined coin?
jr. member
Activity: 81
Merit: 1
Everybody knows who the main stakeholders are, and if they decide to stir up something funny, nothing will stop them.


I won’t be surprised if I wake up once to find monero dead and gone.

Can you tell me the names of stakeholders if you’re so positive? To me it sounds like total nonsense.
sr. member
Activity: 770
Merit: 250
It's odd that most newbie members have 99% of their post history corresponding about XMR in ways that don't even make sense. Bytecoin sockpuppet accounts, obvious is obvious.
legendary
Activity: 1428
Merit: 1001
getmonero.org
Everybody knows who the main stakeholders are, and if they decide to stir up something funny, nothing will stop them.


I won’t be surprised if I wake up once to find monero dead and gone.

I wont be suprised if you are already butthurted and you are going to be even more soon.
newbie
Activity: 46
Merit: 0
Everybody knows who the main stakeholders are, and if they decide to stir up something funny, nothing will stop them.


I won’t be surprised if I wake up once to find monero dead and gone.
newbie
Activity: 91
Merit: 0
Everybody knows who the main stakeholders are, and if they decide to stir up something funny, nothing will stop them.
jr. member
Activity: 81
Merit: 1
Does it make any sense to try mining monero with the use of a laptop?

My PC needs repair and I’m thinking of switching to laptop for a while.


Depends on the laptops specs - mine is pretty weak comparing to my desktop. You won’t get much and most likely it won’t even be enough to pay your electricity bill.
sr. member
Activity: 476
Merit: 250
legendary
Activity: 1218
Merit: 1000
is this baby going to 0.01?  Shocked
hero member
Activity: 784
Merit: 500
should i dump soon ? i would like moar xmr ^^
newbie
Activity: 266
Merit: 0
Does it make any sense to try mining monero with the use of a laptop?

My PC needs repair and I’m thinking of switching to laptop for a while.
legendary
Activity: 1078
Merit: 1059
FROSTING
Hey guys!

I decided to launch special campaign which will give you an opportunity to get 0% PPLNS fee for a month on Minergate.com.

1. Take a photo of your mining rig with a list of paper in front, which is saying “I mine on Minergate using YOUR EQUIPMENT”  (YOUR EQUPMENT – equipment you use for mining)
2. Post photo in Twitter with a message “I earn #user_currency on #cryptonote #miningpool @MinerGate minergate.com”(user_currency – coin you mine)
3. Post a link to your tweet in our topic in Bitcointalk https://bitcointalk.org/index.php?topic=528848.1080
4. PM me with a link to your post and email you use for mining

Hope you will enjoy this little entertainment and waiting for your photos!

sr. member
Activity: 400
Merit: 263
Is there anyone here who is mining XMR only, no other coins? Will it be profitable?

I have been mining XMR exclusively for around 6 weeks now. I have yet to sell a single XMR. It is already profitable but you might make more short term with other coins.

I also keep buying more on exchanges when I think the price is right.
sr. member
Activity: 280
Merit: 250
Is there anyone here who is mining XMR only, no other coins? Will it be profitable?

Yup, but I'm mining to hold. No interest in selling any this year, and probably not 2015 either. I am not sure about short term profitability.
member
Activity: 83
Merit: 10
Is there anyone here who is mining XMR only, no other coins? Will it be profitable?
sr. member
Activity: 252
Merit: 250
Tx fees are based on the original money supply.

No additional coin production + lost coins etc would cause exactly that deflation in the supply which would cause inflation on the price (value increase).

It isn't the value issue I have with transaction fees, it is the fact that for transaction fees to exceed marginal costs (i.e. to serve as a funding source for proof-of-work), mining has to be monopolized, and then other problems flow from there. I can't believe that is what Satoshi intended.

I know there is a comment or two from him where he considered the whole mining model to be a bit unfinished, so perhaps he just solved what he could and then moved on.



Indeed, I've yet to see a convincing argument (quite possible I havent looked hard enough) that Bitcoin tx fees will be enough by themselves to fund a sufficiently decentralised mining network, and miners are the only ones who really have an incentive to run full nodes too.

My personal view is that the future usage of Monero will be less about being an alternative to Paypal/credit cards (which would provide a high daily tx volume relative to value), and more about discretely moving wealth (lower tx volume but with higher value), so tx fees only block reward will be comparatively less than what Bitcoin might achieve.

Its possible that other services could be grafted on to Monero mining pools to add value - even with the move to db storage for the blockchain it still has a high storage and processing requirement to maintain a wallet. There has been some discussion already about a "thin wallet" client that relies on a hosted service, perhaps a future evolution might see wallet users paying a small fee to pools/miners for providing that. Or a different sort of merged mining where the network can be utilised as a sort of distributed supercomputer for hire, in addition to block solving work miners can be submitting shares for work on third party computing tasks.

My point is that a perpetual block reward may not be necessary to keep the network secured if some lateral thinking is applied, however "not necessary" doesn't mean it may not be desirable for other reasons.
hero member
Activity: 546
Merit: 500
Carpe Diem
The campaign is not over, so send your bug reports or usability improvements to [email protected] to get your reward:
100 XMR for a bug report;
50 XMR for any accepted usability improvement.
Get your reward – get in touch with us.



Actually got my coins, thanks very much! I hope the improvements make it to implementation - you guys have built something good and it would be cool to see it gain a real edge on the rest.
guys, keep posting suggestions because if they're actually taking notice and doing them then we can get a half decent exchange going here! ..Thanks for the reward again Wink
sr. member
Activity: 525
Merit: 250
I will flood you.

Do this, get rich quick! Send your suggestions or bug reports to [email protected]

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