Author

Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1663. (Read 4670972 times)

sr. member
Activity: 280
Merit: 250
Who cares?
Hey dont follow the coin that much, but can somebody explain me why the price is down from 0.008 to 0.0028?

And will it go back up?

Thanks

Actual question is why the price was up from 0.0028 to 0.008 at Jun 22. Finding answer that, you win a prize.

Say about Monero your friends, donate dev team, don't mine, create a service for Monero, and you'll for sure price will go up.


thanks. I hear real good things about Monero, maybe 100$ in a year or something?!! Smiley

Sometimes I wonder if bitcoin will be worth 100$ in a year.  Sad
sr. member
Activity: 252
Merit: 250
Hey dont follow the coin that much, but can somebody explain me why the price is down from 0.008 to 0.0028?

And will it go back up?

Thanks

Actual question is why the price was up from 0.0028 to 0.008 at Jun 22. Finding answer that, you win a prize.

Say about Monero your friends, donate dev team, don't mine, create a service for Monero, and you'll for sure price will go up.


Well actually its probably better if you do mine if you are intending on holding the coins, means less for the people who intend to mine&sell. Obviously that only works so far, if too many mine and hold then the price goes up and attracts more to mine&sell Smiley
legendary
Activity: 1148
Merit: 1000
Hey dont follow the coin that much, but can somebody explain me why the price is down from 0.008 to 0.0028?

And will it go back up?

Thanks

Actual question is why the price was up from 0.0028 to 0.008 at Jun 22. Finding answer that, you win a prize.

Say about Monero your friends, donate dev team, don't mine, create a service for Monero, and you'll for sure price will go up.


thanks. I hear real good things about Monero, maybe 100$ in a year or something?!! Smiley
member
Activity: 119
Merit: 10
Hey dont follow the coin that much, but can somebody explain me why the price is down from 0.008 to 0.0028?

And will it go back up?

Thanks

Actual question is why the price was up from 0.0028 to 0.008 at Jun 22. Finding answer that, you win a prize.

Say about Monero your friends, donate dev team, don't mine, create a service for Monero, and you'll for sure price will go up.
legendary
Activity: 1078
Merit: 1059
FROSTING
Hey guys!

Today I have finished implementing of Stratum!

Moreover - now you can connect to Minergate.com using ANY miner. If you can find a miner which is not supported – please PM me or use support form on the site. However, keep in mind that the Minergate miner – is the ONLY miner which allows you to merge mine FCN and MCN in addition to major coins without reducing its hashrate. If you can find a miner with higher hashrate – again, inform me Smiley

Finally, I have implemented the Payment ID and now you can send funds directly to merchants or exchanges. To do so just fill in Payment ID field with the key which you have received in the payment details of Exchange.

I hope you will enjoy these features! I plan to add even more amazing features, so keep in touch!

P.S. I want to expand my little team so If you can do cool staff – please contact me.

sr. member
Activity: 294
Merit: 250
Work is progressing quite rapidly on a funding system where everyone will be able to fund specific features / tasks. The main reason for donations at present is to enable us and some of the other devs to allocate much larger blocks of time to Monero on an ongoing basis until that system is ready to go:)

Just PM me when it is ready Wink

hmmmm

This made me happy
legendary
Activity: 1148
Merit: 1000
Hey dont follow the coin that much, but can somebody explain me why the price is down from 0.008 to 0.0028?

And will it go back up?

Thanks
donator
Activity: 1722
Merit: 1036
Reacting to recent comments and in order to support the monero devs and community, we have decided to donate 20% from our pools fee to the core-dev team.

At http://pool.cryptoescrow.eu July 12th: We started donating 20% to Core-dev team. Now 40% of pool fee goes to donations:
20% to core-dev team;
20% to pool development;
60% to support the pool;
Total Fee - 1%


Join our pool and start supporting Monero development!



I have also decided to donate a bottle of wine from my cellars to all core developers who show up in my castle.

This announcement is not intended to attach an elitist image to XMR or its devs, but to ensure the community that the devs are well connected and marketing in working as planned...

...because some people have doubted it.
sr. member
Activity: 560
Merit: 250
"Trading Platform of The Future!"
Also it looks like there is a ton of pool hopping going on because most of the pools are PROP. PPLNS would help this...
newbie
Activity: 14
Merit: 0
To which address should I send some of my XMR?

The donation addresses are in the OP:

Donations for general development

XMR:
Code:
46BeWrHpwXmHDpDEUmZBWZfoQpdc6HaERCNmx1pEYL2rAcuwufPN9rXHHtyUA4QVy66qeFQkn6sfK8aHYjA3jk3o1Bv16em
viewkey: e422831985c9205238ef84daf6805526c14d96fd7b059fe68c7ab98e495e5703

BTC:
Code:
1FhnVJi2V1k4MqXm2nHoEbY5LV7FPai7bb
Done!
Wow, it went through fast!  Is XMR designed to be faster than BTC for basic transactions such as this one?

XMR currently has one minute confirmations, which means initial confirmations will go through very quickly, but more confirmations are needed for a high level of security (for example, some of the current exchanges require >15 confirmations to release funds for XMR while 6 is standard for BTC and some sites will accept 3 or maybe less).


Got it.  And how does XMR compare with BTC on a per confirmation basis?  Could sweat it took much longer that one minute per confirmation when I transferred BTC between exchanges recently.  Assuming XMR is faster on a per confirmation basis, this is another thing that should be conveyed more plainly to the computer-illiterate public at large.
donator
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
Done!
Wow, it went through fast!  Is XMR designed to be faster than BTC for basic transactions such as this one?

In a sense - the 60 second block time means that it becomes part of the recipient's utxoset quite quickly, but if want to be absolutely assured that the network is in a state of consensus and you are in agreement with it you'd want to wait anything from 10 to 20 confirmations.
legendary
Activity: 2968
Merit: 1198
To which address should I send some of my XMR?

The donation addresses are in the OP:

Donations for general development

XMR:
Code:
46BeWrHpwXmHDpDEUmZBWZfoQpdc6HaERCNmx1pEYL2rAcuwufPN9rXHHtyUA4QVy66qeFQkn6sfK8aHYjA3jk3o1Bv16em
viewkey: e422831985c9205238ef84daf6805526c14d96fd7b059fe68c7ab98e495e5703

BTC:
Code:
1FhnVJi2V1k4MqXm2nHoEbY5LV7FPai7bb
Done!
Wow, it went through fast!  Is XMR designed to be faster than BTC for basic transactions such as this one?

XMR currently has one minute confirmations, which means initial confirmations will go through very quickly, but more confirmations are needed for a high level of security (for example, some of the current exchanges require >15 confirmations to release funds for XMR while 6 is standard for BTC and some sites will accept 3 or maybe less).

legendary
Activity: 2968
Merit: 1198
20% to core-dev team;
20% to pool development;

I have to ask, not because I am part of the dev team but because I am genuinely curious (so speaking solely as an individual here).

How much more pool development is really needed?

As an outsider (I don't run a pool) it looks to me like the pool software works pretty well the way it is. The main issues (excessive orphans, dust payouts) have been addressed, and pools are operating fairly smoothly.

Obviously there can always be more bells and whistles added to any software, but I don't see why a large budget of donations for ongoing pool software development is really needed right now. To me it seems that other areas of development should be a much higher priority.
Our pool gets all the updates 1st hand from zone117x, even the automated donations to core-devs will need extra work hours and time.
There is always something to improve and this is a very reasonable percentage, because we receive individual support and attention.

Updates that do what?  Again I'm asking because as an outsider it looks to me like most of the pool development is complete (and I'm not totally an outsider here because I donated heavily to the initial pool development). There is working pool software, with major issues in the initial release (described above) already solved.  That is a lot more that can be said for other pieces of essential software.

My interest is not in directing funds away from zone117x personally. In fact I think he is also working on a lightweight wallet, another piece of necessary software. I just wonder whether donations are better directed to that sort of work than continuing to put gloss onto already-working pool software.

newbie
Activity: 14
Merit: 0
To which address should I send some of my XMR?

The donation addresses are in the OP:

Donations for general development

XMR:
Code:
46BeWrHpwXmHDpDEUmZBWZfoQpdc6HaERCNmx1pEYL2rAcuwufPN9rXHHtyUA4QVy66qeFQkn6sfK8aHYjA3jk3o1Bv16em
viewkey: e422831985c9205238ef84daf6805526c14d96fd7b059fe68c7ab98e495e5703

BTC:
Code:
1FhnVJi2V1k4MqXm2nHoEbY5LV7FPai7bb
Done!
Wow, it went through fast!  Is XMR designed to be faster than BTC for basic transactions such as this one?
full member
Activity: 133
Merit: 100
20% to core-dev team;
20% to pool development;

I have to ask, not because I am part of the dev team but because I am genuinely curious (so speaking solely as an individual here).

How much more pool development is really needed?

As an outsider (I don't run a pool) it looks to me like the pool software works pretty well the way it is. The main issues (excessive orphans, dust payouts) have been addressed, and pools are operating fairly smoothly.

Obviously there can always be more bells and whistles added to any software, but I don't see why a large budget of donations for ongoing pool software development is really needed right now. To me it seems that other areas of development should be a much higher priority.

Although I commend the pool operator for its efforts at supporting dev, pool development is probably not high on priority.

May I suggest you take that 20% and create a reserve fund which will award work being done on a thin client wallet for XMR. (If I'm not mistaken, the same dev that crated pool program is also making thin client)
member
Activity: 94
Merit: 10
20% to core-dev team;
20% to pool development;

I have to ask, not because I am part of the dev team but because I am genuinely curious (so speaking solely as an individual here).

How much more pool development is really needed?

As an outsider (I don't run a pool) it looks to me like the pool software works pretty well the way it is. The main issues (excessive orphans, dust payouts) have been addressed, and pools are operating fairly smoothly.

Obviously there can always be more bells and whistles added to any software, but I don't see why a large budget of donations for ongoing pool software development is really needed right now. To me it seems that other areas of development should be a much higher priority.
Our pool gets all the updates 1st hand from zone117x, even the automated donations to core-devs will need extra work hours and time.
There is always something to improve and this is a very reasonable percentage, because we receive individual support and 1st hand help if needed.
hero member
Activity: 770
Merit: 500
---

I don't know what I just read but I want the drugs you have;)
Lets party begins with Mr. Ricardo!

Mr Ricardo is a "bitcoin investor" from 2009. He can't type proper English, he uses absolutely horrid looking photoshopped/paintjob pictures, and he falsely uses other bitcointalk members names in his thread when they dont even know him, plus hes a newbie account with 4 activity.

Seems legit.  Roll Eyes
legendary
Activity: 2968
Merit: 1198
20% to core-dev team;
20% to pool development;

I have to ask, not because I am part of the dev team but because I am genuinely curious (so speaking solely as an individual here).

How much more pool development is really needed?

As an outsider (I don't run a pool) it looks to me like the pool software works pretty well the way it is. The main issues (excessive orphans, dust payouts) have been addressed, and pools are operating fairly smoothly.

Obviously there can always be more bells and whistles added to any software, but I don't see why a large budget of donations for ongoing pool software development is really needed right now. To me it seems that other areas of development should be a much higher priority.
newbie
Activity: 14
Merit: 0
---

I don't know what I just read but I want the drugs you have;)
Lets party begins with Mr. Ricardo!
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