Author

Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1671. (Read 4670614 times)

full member
Activity: 211
Merit: 100
Personally i don't like the idea of making mining possible on 32-bit machine. That would allow massive botnet to hop in since majority of botnet is made from these old 32-bit computers.

Too late.


It is certainly better to have such code public than have it first in private hands of an evil botnet operator Smiley I am sure many is better than a few on this one.
Monero needs much higher hashrate so there is not only few miners like there presently is. I think currently it feels like there are a few big ones that are milking so many coins each day that they don't care to dump a lot every day.

If anybody could come up with some estimates of the botnet hashpower we could expect from this move to 32bit, i would gladly read it, but it's probably a pure guess. Too many variables, so i would just stick with the fundamentals and welcome the increased hashrate from all the people that can now participate with older hardware and perhaps from some friendly botnet operators that could like the idea of an anonymous currency and hold on to their coins a bit.
newbie
Activity: 14
Merit: 0
Why the fuck isn't XMR surpassed DRK yet, XMR is the only good anonymous coins, the rest are SHITTY GIMMICKS. This coin should be at 0.1. People aren't aware of the value of this coin. In a fair world with common sense this coin would eat Litecoin alive.

I have my own opinion on this.

Few months ago I was a DRK holder and believed in Evan Duffield. I still suppose he is honest person. But his developer skill is not sufficient for such a fundamental thing as anonymity.

Moreover, I made some profit trading DRK, and withdrew (with converting) it to cold BTC wallet during first DRK deploy fail (to the main net), when first hard fork issue damaged the DRK world-wide. I did quickly understood, at that 1st crush, DRK has no future.

But how much was my astonishment, that few days later DRK price returned to the almost previous top. So I could relax, wait few days, and STILL could withdraw/convert DRK to BTC with high profit!

That's all about human psychology. It works the way I can not predict, the fully irrational way.

The most beautiful demo of such an psycho effect was during SECOND DRK deploy fail. Price had repeated the come-back effect, and if I were crazy stupid I could make almost the same profit TWICE! But I had turned to XMR already to that moment.

Your question is much more deeper than it appears. May be not to be discussed for this thread, if you will resume on another - let me know. Smiley

All we being XMR holders & adopters should extract a lesson from DRK destiny. But currently I absolutely don't imagine what such a lesson consist of... Sad


Somehow perverse to quote Keynes in a bitcoin forum, but really he got it right, at least in this instance: 'The market can remain irrational longer than you can remain solvent.'  The good news is that if you believe in XMR and have some spare funds you can just buy and hold until the irrationality comes to an end - which it always does, eventually.  The worst that can happen is that you lose 100 percent of your presumably already disposable investment, since there is no need for leverage here (the sky is literally the limit for real potential profit). Finally, if you buy some XMR and then the price drops, keep in mind (a) that there really was no way of knowing what was going to happen before it happened, and (b) with the market still far from being liquid, there is a reasonably high chance that it was your own purchase that set the wheels in motion for the subsequent drop (in ways that even a clairvoyant with PhDs in psychology and economics would be unable to figure out).  Finally number 2: if you are a serious XMR investor, for Pete's sake don't obsess over getting the perfect entry price: (a) nobody buys at the bottom, which can only be known in retrospect, (b) if the coin really takes off then you will have plenty of opportunity to hang on that much longer before selling (or better still, spending with) it, and thus secure the same ROI overall.  Finally number 3: personally I would worry much more about not getting in the game right now and missing a huge and permanent spike in the near to medium future than about the price dropping after you make your purchase.
legendary
Activity: 1092
Merit: 1000
Anyone getting moneropool.com payouts ??

yes, but here s delay until you earn 0.5 XMR.

I've had 9.4XMR pending for hours. Received them 1 hour ago.
legendary
Activity: 2730
Merit: 1288
Anyone getting moneropool.com payouts ??

yes, but here s delay until you earn 0.5 XMR.
sr. member
Activity: 525
Merit: 250
Hitbtc - I have a couple of suggestions for you, small but important for me at least.
1) It would be great if you could set the trading page to automatically display in the currency pair you use the most instead of USD/BTC.
2) Fees - at the moment there's no breakdown of transaction fees given at the point of transaction, or info as to when fees are deducted. It would be helpful to have this kind of information more up-front so people aren't shooting in the dark.

Hope that's helpful.
Thank you! We will add these improvements in future. In the meantime, we are ready to transfer your reward. Please contact us at [email protected]

I'd also like to suggest some ideas:
1) A depth chart would be really helpful when trading
2) Also trailing stop or atleast stop loss would be really nice
3) Another important thing is a list of all trades made with a particular trading-pair - not just from me

Thanks
Understood!

Got new usability improvements or found a bug? Feel free to contact us here or e-mail us: [email protected]
donator
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
We should avoid techno elitist attitudes. 

The fact the current CN code demands a 64bit system because it handles data inefficiently and clumsily.  This is embarrassing for Monero, and certainly it's biggest current flaw. 

Insulting the end users does not help the problem, and might damage the reputation of the currency.

The 32 bit thing is embarrassing. Also never insult the end user.

This needs to be fixed. Are any of the Monero developers able to fix it?

I know not everyone follows the conversations in #monero-dev on Freenode, so to keep everyone in the loop: work on this is already progressing. You can follow the progress by checking tewinget's databasing branch: https://github.com/tewinget/bitmonero/tree/blockchain
donator
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
Guys, I don't understand why Monero has 1135 votes on Hitbtc, but it is available to exchange now. How did this happen?

That was easy. Creators of the Monero bought "the place"on the exchange for its coins

Actually we weren't pushing hitbtc voting at all, most of the core team weren't even aware of their posts in this thread, and next minute they just went ahead and added us. We haven't paid them anything, as I'm sure they will confirm.
donator
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
If you're still running 32-bit, you probably are a senior or something and shouldn't be messing with magic internet money.

+1 lol

The majority of internet-connected computers are 32-bit, no PAE.

It is a serious freaking problem.


Well i didn't say that but i still tend to agree with it. Who the heck runs a 32 bit machine any more? Like actually tell me someone you know who does and isnt >90 years old.
Most smartphones?

Many modern smartphones are 64-bit:) Also, the solution for smartphones (and most desktops, I would imagine) will be SPV-style thin clients, and not full nodes.
legendary
Activity: 1092
Merit: 1000
Anyone getting moneropool.com payouts ??
sr. member
Activity: 300
Merit: 250
Personally i don't like the idea of making mining possible on 32-bit machine. That would allow massive botnet to hop in since majority of botnet is made from these old 32-bit computers.
full member
Activity: 243
Merit: 125
Why the fuck isn't XMR surpassed DRK yet, XMR is the only good anonymous coins, the rest are SHITTY GIMMICKS. This coin should be at 0.1. People aren't aware of the value of this coin. In a fair world with common sense this coin would eat Litecoin alive.

I have my own opinion on this.

Few months ago I was a DRK holder and believed in Evan Duffield. I still suppose he is honest person. But his developer skill is not sufficient for such a fundamental thing as anonymity.

Moreover, I made some profit trading DRK, and withdrew (with converting) it to cold BTC wallet during first DRK deploy fail (to the main net), when first hard fork issue damaged the DRK world-wide. I did quickly understood, at that 1st crush, DRK has no future.

But how much was my astonishment, that few days later DRK price returned to the almost previous top. So I could relax, wait few days, and STILL could withdraw/convert DRK to BTC with high profit!

That's all about human psychology. It works the way I can not predict, the fully irrational way.

The most beautiful demo of such an psycho effect was during SECOND DRK deploy fail. Price had repeated the come-back effect, and if I were crazy stupid I could make almost the same profit TWICE! But I had turned to XMR already to that moment.

Your question is much more deeper than it appears. May be not to be discussed for this thread, if you will resume on another - let me know. Smiley

All we being XMR holders & adopters should extract a lesson from DRK destiny. But currently I absolutely don't imagine what such a lesson consist of... Sad

legendary
Activity: 1092
Merit: 1000
moneropool.com having issues with their wallet ? My pending balance has reached 6XMR, they should be initiating payments at 0.5XMR!
newbie
Activity: 51
Merit: 0

welcome to our pool - http://xmr.prohash.net

stable payments
Dedicated server in the Netherlands
The low percentage - Fee: 0.5%

minerd -a cryptonight -o stratum+tcp://xmr.prohash.net/:7777 -u YOUR_ADDRESS -p x
newbie
Activity: 30
Merit: 0
We need gpu miner for linux!
So unfair...
thanks
legendary
Activity: 1154
Merit: 1001
^ Usability & Hype?
There's plenty that needs to improve with the Monero infrastructure before it can be considered accessible to the masses. I'm not saying DRK offers a meaningful privacy platform, but just why "the crowds" have not migrated to Monero in large numbers yet. Let's really fix 'usability', and then start looking for opportunities for 'utility'. Everything else falls into place from there!
Cheers,
~ Myagui
sr. member
Activity: 322
Merit: 250
Why the fuck isn't XMR surpassed DRK yet, XMR is the only good anonymous coins, the rest are SHITTY GIMMICKS. This coin should be at 0.1. People aren't aware of the value of this coin. In a fair world with common sense this coin would eat Litecoin alive.
legendary
Activity: 2674
Merit: 2053
Free spirit
So in this post apocalyptic hell, you will just log on to your shiny high speed internet connection and check your crypto's




hero member
Activity: 658
Merit: 503
Monero Core Team
Very well put together, thanks! This post shoulb be made mandatory for all bitcointalk users to read  Smiley
Gdocs for the moment, should be added to a future FAQ. For the moment, it is on the FAQ section of the OP.

Why Monero matters?
List of plusses
full member
Activity: 126
Merit: 100
BTMan
In the United States it is unconstitutional for congress to retroactively make something illegal, and you can't show someone's still using Monero if it ever were made illegal.
But the XMR price is very good.
legendary
Activity: 3766
Merit: 5146
Whimsical Pants
If you're still running 32-bit, you probably are a senior or something and shouldn't be messing with magic internet money.

+1 lol

The majority of internet-connected computers are 32-bit, no PAE.

It is a serious freaking problem.


And they're likely botnet zombies while their owners have no idea because all they use it for is email and Facebook.

We should avoid techno elitist attitudes. 

The fact the current CN code demands a 64bit system because it handles data inefficiently and clumsily.  This is embarrassing for Monero, and certainly it's biggest current flaw. 

Insulting the end users does not help the problem, and might damage the reputation of the currency.

The 32 bit thing is embarrassing. Also never insult the end user.

This needs to be fixed. Are any of the Monero developers able to fix it?

I trust the developers are working on this now.  It really just boils down to the database.  When we migrate to a proper scalable database the Monero deamon will no longer need to load the whole thing into memory, but will just access the database from the storage medium.  It will also most likely optimize the disc space requirement making the database smaller to store.

I wish I could help but I am a musician, and audio engineer not a programmer.  If writing a song was useful, I'd be the guy. Wink
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