[XMR] Monero - A secure, private, untraceable cryptocurrency - page 1685.

dreamspark

hero member

Activity: 798

Merit: 1000

Quote from: darkota on July 06, 2014, 08:39:50 PM

What?? Bitcoin isn't going to $4000 anytime soon. Did you not know that a trading bot for MtGox made the price go to even $1,200? It was buying Bitcoins with fake cash on the exchange through a loophole every 5 minutes, that's what made the price get so high....With Mtgox gone, don't expect Bitcoin to go over $1,000 for a long time....it hasn't even begun to become mainstream yet.

Do you even know how much trade 'Willy' did during that period compared to the global market? It was a small percentage of gox' trade and gox was a percentage of global trade. Funny, everyone after November were screaming from the rooftops that we were doomed due to China "banning" Bitcoin and the whole rally was lead by China, yet a few weeks later the same people say were doomed as it was all gox' leading. Make you mind up.

It is likely that "Willy" was just an account for high value clients that would not want a few million sitting in a customer account waiting to be hacked. Even if its not, the effect Willy had on the global market was small, if any, and its asinine to try and attribute a prediction that BTC won't go above $1000 for a long time to that.

uvt9

sr. member

Activity: 300

Merit: 250

Quote from: HardwarePal on July 06, 2014, 10:53:22 PM

Quote from: Junkbarman on July 06, 2014, 08:53:51 PM

Quote from: darkota on July 06, 2014, 08:39:50 PM

What?? Bitcoin isn't going to $4000 anytime soon. Did you not know that a trading bot for MtGox made the price go to even $1,200? It was buying Bitcoins with fake cash on the exchange through a loophole every 5 minutes, that's what made the price get so high....With Mtgox gone, don't expect Bitcoin to go over $1,000 for a long time....it hasn't even begun to become mainstream yet.

Do you have a source?

As far as not being mainstream. That's debatable seeing how the Winklevoss Brothers have invested a ton and are putting it on the NASDAQ. And Pantera Capital has investors for $96 million.

But yeah, you can't buy anything at your local stores with Bitcoin. Yet.

Just for a quick read

http://willyreport.wordpress.com/2014/05/25/the-willy-report-proof-of-massive-fraudulent-trading-activity-at-mt-gox-and-how-it-has-affected-the-price-of-bitcoin/

It's just a FUD. Willy is just a dedicated trading tool for high value clients, it's not the reason for the rally last year.

It was BTC China lead the bubble, not Mt Gox (and thus not Willy).

superresistant

legendary

Activity: 2156

Merit: 1131

Quote from: Mumbles on July 06, 2014, 06:22:21 PM

Wow, so lame! I am pretty much thinking at this point that the "dev team" is not capable of progressing much on this. Four weeks and still analyzing the white paper?! WTF.
No major progress in the last two weeks? This is sick.

Look at the work going forward in live :

https://github.com/monero-project/bitmonero/network
https://github.com/i2pcpp/i2pcpp/commits/master (i2p router c port)
https://github.com/mikezackles/bitmonero/commits/daemonize ("daemonizing" the daemon branch)
https://github.com/tewinget/bitmonero/commits/rocksdb (db implementation started - using rocksdb, a leveldb fork)
https://github.com/tewinget/bitmonero/commits/rpcwallet (rpc based wallet for exchanges/merchants etc)
https://github.com/Neozaru/bitmonero/commits/wallet_wrapper (high level gui api)
https://github.com/Neozaru/bitmonero-qt/commits/master (Qt based gui for monero)
... plus the sideprojects...

The GUI wallet is updated at least once a day. This is a really intense work.

Junkbarman

full member

Activity: 168

Merit: 100

Quote from: kbm on July 07, 2014, 01:45:43 AM

Quote from: Junkbarman on July 07, 2014, 01:34:24 AM

Um, the Mt. Gox guy, Mark whatever his name is. That idiot who ran Mt. Gox.

Sorry this is really off topic, please delete if necessary.

Oh! Got it now.

That could fit into the picture a bit I guess. That's a whole lot to launder though .. but maybe not?

The thread's not moderated, you can talk about what you'd like with no worry about censorship.

I think you'd find a lot of people here who would agree that the guy that ran Mt. Gox was an idiot, so it doesn't seem too far out of topic anyways

Where did you read about Pantera Capital?

https://panteracapital.com/

I love this game, it's so much fun. Everyone says buy. Will you?

Jojatekok

sr. member

Activity: 264

Merit: 250

Quote from: Mumbles on July 06, 2014, 06:22:21 PM

Wow, so lame! I am pretty much thinking at this point that the "dev team" is not capable of progressing much on this. Four weeks and still analyzing the white paper?! WTF.

Please believe me that Monero is advancing fast with great features coming aboard. Just look at the GitHub forks of the daemon, and rpcwallet. They may seem like boring stuff, but real breakthrough is happening there. Wink

Also, don't forget that you are using a brand-new technology which has to be stable enough before releasing it for a broader audience.

kbm

member

Activity: 84

Merit: 10

Quote from: Junkbarman on July 07, 2014, 01:34:24 AM

Um, the Mt. Gox guy, Mark whatever his name is. That idiot who ran Mt. Gox.

Sorry this is really off topic, please delete if necessary.

Oh! Got it now.

That could fit into the picture a bit I guess. That's a whole lot to launder though .. but maybe not?

The thread's not moderated, you can talk about what you'd like with no worry about censorship.

I think you'd find a lot of people here who would agree that the guy that ran Mt. Gox was an idiot, so it doesn't seem too far out of topic anyways

Where did you read about Pantera Capital?

Junkbarman

full member

Activity: 168

Merit: 100

Quote from: kbm on July 07, 2014, 12:45:16 AM

Quote from: Junkbarman on July 07, 2014, 12:35:55 AM

Does everyone on this board read what they want to read, and skip past the facts. He was laundering money. Learn it.

Who was laundering money?

Um, the Mt. Gox guy, Mark whatever his name is. That idiot who ran Mt. Gox.

Sorry this is really off topic, please delete if necessary.

kbm

member

Activity: 84

Merit: 10

Quote from: mapleshadow on July 07, 2014, 01:00:17 AM

Help!
How to restore the wallet?
I use simplewallet.exe --restore-deterministic-wallet, when the input
Specify electrum seed: 8ce0054467f064...................................(Omission)
Error: electrum-style word list failed verification

always prompt an error! ! ! This command is not used to recover the wallet it?

When it asks to specify the electrum seed, it looks like you're giving it a wallet address/view key. that's not an electrum seed. The seed is the series of words given to you when you first created the wallet.

strangewildthing

newbie

Activity: 28

Merit: 0

Quote from: ltcnim on July 06, 2014, 05:16:47 PM

Quote from: strangewildthing on July 06, 2014, 04:42:51 PM

ExtremeHash
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can you please send me my remaining balance for addr.

4A6dz63kfnEPDzefMU51Y1AcbwmsdyxH1aAyKLVF5KigTMzfK824zM7SZ276pWzR7MNQwd8Suwv34a6 Ju9gQGztCT5TNgXk

thanks..

Hey there, I've processed your payout! Feel free to drop by #extremehash on Freenode, we're real friendly in there

mapleshadow

member

Activity: 79

Merit: 10

Help!
How to restore the wallet?
I use simplewallet.exe --restore-deterministic-wallet, when the input
Specify electrum seed: 8ce0054467f064...................................(Omission)
Error: electrum-style word list failed verification

always prompt an error! ! ! This command is not used to recover the wallet it?

kbm

member

Activity: 84

Merit: 10

Quote from: Junkbarman on July 07, 2014, 12:35:55 AM

Does everyone on this board read what they want to read, and skip past the facts. He was laundering money. Learn it.

Who was laundering money?

Junkbarman

full member

Activity: 168

Merit: 100

Quote from: HardwarePal on July 06, 2014, 10:53:22 PM

Quote from: Junkbarman on July 06, 2014, 08:53:51 PM

Quote from: darkota on July 06, 2014, 08:39:50 PM

What?? Bitcoin isn't going to $4000 anytime soon. Did you not know that a trading bot for MtGox made the price go to even $1,200? It was buying Bitcoins with fake cash on the exchange through a loophole every 5 minutes, that's what made the price get so high....With Mtgox gone, don't expect Bitcoin to go over $1,000 for a long time....it hasn't even begun to become mainstream yet.

Do you have a source?

As far as not being mainstream. That's debatable seeing how the Winklevoss Brothers have invested a ton and are putting it on the NASDAQ. And Pantera Capital has investors for $96 million.

But yeah, you can't buy anything at your local stores with Bitcoin. Yet.

Just for a quick read

http://willyreport.wordpress.com/2014/05/25/the-willy-report-proof-of-massive-fraudulent-trading-activity-at-mt-gox-and-how-it-has-affected-the-price-of-bitcoin/

Does everyone on this board read what they want to read, and skip past the facts. He was laundering money. Learn it.

volodzya

newbie

Activity: 10

Merit: 0

hi,

trying to solo mine using latest node-cryptonote-pool installed locally and few rigs with 750ti and 6970.

if I sum up hash rate shown in the miner windows I get total hash rate around 12.5 kh/s, but the pool web gui shows only avg. total rate of 8-9 kh/s.

what could be the reason in the mismatch of hash rates ?

kbm

member

Activity: 84

Merit: 10

Quote from: Mumbles on July 06, 2014, 10:17:54 PM

doopity zab

What are you doing here besides being a concern troll?

Can you name even five things, outside of making potentially buckets of money, that you like about Monero right now? I can come up with many.

Currently, you've come up with about 19 posts describing exactly how crappy you think Monero is .. but you're still here. Why?

It seems like you have a strong dislike for this currency, but continue to come back. You've given no positive input .. so you're either a troll, a liar, insane, incapable of correctly describing your feelings, or just a pretty confused person in general.

I'm thinking you're a troll .. so I've adjusted your quotation appropriately for now.

sammy007

legendary

Activity: 1904

Merit: 1003

There are many new commits, where I can look at changeset summary?

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

"Mainstream" is not well defined. Debating about it is therefore a waste of time. You can spend bitcoins pretty much anywhere in the u.s. if you know how. We are still early adopters, and will be for a couple of years at least.

HardwarePal

hero member

Activity: 565

Merit: 500

Quote from: Junkbarman on July 06, 2014, 08:53:51 PM

Quote from: darkota on July 06, 2014, 08:39:50 PM

What?? Bitcoin isn't going to $4000 anytime soon. Did you not know that a trading bot for MtGox made the price go to even $1,200? It was buying Bitcoins with fake cash on the exchange through a loophole every 5 minutes, that's what made the price get so high....With Mtgox gone, don't expect Bitcoin to go over $1,000 for a long time....it hasn't even begun to become mainstream yet.

Do you have a source?

As far as not being mainstream. That's debatable seeing how the Winklevoss Brothers have invested a ton and are putting it on the NASDAQ. And Pantera Capital has investors for $96 million.

But yeah, you can't buy anything at your local stores with Bitcoin. Yet.

Just for a quick read

http://willyreport.wordpress.com/2014/05/25/the-willy-report-proof-of-massive-fraudulent-trading-activity-at-mt-gox-and-how-it-has-affected-the-price-of-bitcoin/

Mumbles

newbie

Activity: 50

Merit: 0

Its always easy to say GTFO when you don't want to hear reality. Seriously, if you are happy with "analyzing white paper" as the major progress on this development in the last month, power on. I think its a pretty ugly sign of either lack of development effort or ability.

Quote from: owlcatz on July 06, 2014, 06:38:08 PM

Quote from: Mumbles on July 06, 2014, 06:22:21 PM

Wow, so lame! I am pretty much thinking at this point that the "dev team" is not capable of progressing much on this. Four weeks and still analyzing the white paper?! WTF.
No major progress in the last two weeks? This is sick.

You are more than welcome to contribute your coding skills. Otherwise, STFU and/or GTFO. Moron! /sorry, but so sick of morons here lol. :\

Junkbarman

full member

Activity: 168

Merit: 100

dude was laundering money, everyone knows it. Not trying to drive price up. it was just the by product cause the guy was an idiot who didn't have a clue about money and exchanges.

Quote from: Anon136 on July 06, 2014, 08:55:54 PM

Quote from: Junkbarman on July 06, 2014, 08:53:51 PM

Quote from: darkota on July 06, 2014, 08:39:50 PM

What?? Bitcoin isn't going to $4000 anytime soon. Did you not know that a trading bot for MtGox made the price go to even $1,200? It was buying Bitcoins with fake cash on the exchange through a loophole every 5 minutes, that's what made the price get so high....With Mtgox gone, don't expect Bitcoin to go over $1,000 for a long time....it hasn't even begun to become mainstream yet.

Do you have a source?

As far as not being mainstream. That's debatable seeing how the Winklevoss Brothers have invested a ton and are putting it on the NASDAQ. And Pantera Capital has investors for $96 million.

But yeah, you can't buy anything at your local stores with Bitcoin. Yet.

Bitcoin isnt even very useful for buying things from local stores. The sign of it going mainstream is when it starts being accepted everywhere on the internet. Expedia and newegg are big steps in that direction.

And ebay, paypal, overstock, dish network, dominoes(pizza for coins), Zynga, Virgin, Tesla, 4Chag, Reddit. and the list is going to only get bigger

Anon136

legendary

Activity: 1722

Merit: 1217

Quote from: Junkbarman on July 06, 2014, 08:53:51 PM

Quote from: darkota on July 06, 2014, 08:39:50 PM

What?? Bitcoin isn't going to $4000 anytime soon. Did you not know that a trading bot for MtGox made the price go to even $1,200? It was buying Bitcoins with fake cash on the exchange through a loophole every 5 minutes, that's what made the price get so high....With Mtgox gone, don't expect Bitcoin to go over $1,000 for a long time....it hasn't even begun to become mainstream yet.

Do you have a source?

As far as not being mainstream. That's debatable seeing how the Winklevoss Brothers have invested a ton and are putting it on the NASDAQ. And Pantera Capital has investors for $96 million.

But yeah, you can't buy anything at your local stores with Bitcoin. Yet.

Bitcoin isnt even very useful for buying things from local stores. The sign of it going mainstream is when it starts being accepted everywhere on the internet. Expedia and newegg are big steps in that direction.

Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1685. (Read 4670972 times)