[XMR] Monero - A secure, private, untraceable cryptocurrency - page 1695.

binaryFate

legendary

Activity: 1512

Merit: 1012

Still wild and free

Quote from: dawie on July 04, 2014, 07:55:55 AM

Wow, thx for the efforts in sending me a shiny coin. I've never even sent a transaction with XMR yet and my address in the footer was an exchange address. Problem?

Yes, problem. You need a paymet ID to send to an exchange so that it can trace back the incomming coins to you. Now you'll have to ask people sending you donations the transaction ID. Quite a mess in perspective.

Remove this address from your signature now. You must set up your own wallet if you want a public donation address like that!

dawie

member

Activity: 115

Merit: 10

BTC for a better world

Quote from: Anon136 on July 03, 2014, 08:26:50 PM

Quote from: matrix961 on July 03, 2014, 08:14:49 PM

Quote from: Anon136 on July 03, 2014, 07:23:02 PM

Quote from: dawie on July 03, 2014, 04:55:09 PM

Quote from: Anon136 on July 03, 2014, 04:27:03 PM

do you own any yet? if not post an address.

Thx, I've just recently bought a few on Poloniex after some friends showed me to this thread about XMR. We were all part of a KNC mining Group Buy where the administrator ran away with our money, but I've picked up some amazing contacts in the process. We are still communicating in a brand new Skype Group, mainly raving about XMR's potential.

I've added tip addresses into my footer now Wink

your xmr address isnt working for me and i dont think its a problem on my end because i tried sending some back to myself and it worked fine.

Space in address. Copy to notepad and you can see more easily.

I've seen this in a few sigs already.

"sGR oyZk"

how do ya like that. hope he reads your message.

Sorry guys, had to run and feed the fiat-ponzi-game to stay alive (read: Go work a 9-5 job to keep the central banksters from stealing my house)
Wow, thx for the efforts in sending me a shiny coin. I've never even sent a transaction with XMR yet and my address in the footer was an exchange address. Problem?

@ matrix961: I could not replicate the space in TextPad editor though? Great movie name btw. I've just watched it again last week from a different perspective after learning about the monetary system we live under.

@Anon136: Could you please PM me the transaction ID so I can play with our block explorer at http://monerochain.info/. Want to start getting used to this to teach others.

I have just downloaded the GUI wallet and running a node now. I've translated the GUI for the South Africans into Afrikaans so long.
Getting there one step at a time.

I see some interesting senior people arriving here. The quality of this thread is sure going to get a huge bump.
Exciting!

dreamspark

hero member

Activity: 798

Merit: 1000

Quote from: HardwarePal on July 04, 2014, 07:33:54 AM

I wasnt an early miner but I had good positions on other coins that I got early into and still am trading for profit on other coins that have faster % gains for now.

The coins I get mining are just a bonus. You can daytrade XMR to accumulate, mine coins that might get future value or just straight up invest.

Im 50%+ there so its just a matter of time without investing more from my BTC stash.

Cool cool, I was alluding more to how you expect to buy another 90k XMR at a half decent price if you are 50% of the way to 1%. You are referring to total supply (not available supply) so 1% is 180k XMR.

dreamspark

hero member

Activity: 798

Merit: 1000

Quote from: ?? on ??

Quote from: dreamspark on July 04, 2014, 07:03:06 AM

Quote from: HardwarePal on July 04, 2014, 06:56:45 AM

I know a few people ranging to get a 1-2% (of total supply) position. Im currently aiming for 1%+ but will be doing it gradually as miners dump.

I mine to support the network , some friends mine to accumulate.

I think this has to do with how much you believe in the technology,devs and ofcourse BTC you can back your investment with.

Every investment is a risk.

1% is a huge portion to get to, particularly if you weren't an early miner. To even consider getting to 1% you must have a huge position already. 1% is 740 ish BTC at these prices. I'd be interested in your strategy for acquiring that many in a timely manner.

you got a zero to much, more like 18-19k xmr, so 74-80 btc.

Still, huge also for my perspective, i hold like 0.25% and i already feel very rich Grin

Have I?

Total supply is around 18mm so 1% is 180k. I wish I could buy another 1% of total supply for 74-80BTC!

Your thinking of available supply, you can't use that if you want to have a % of total supply unless you are going to keep buying at a rate that sustains that.

HardwarePal

hero member

Activity: 565

Merit: 500

Quote from: ?? on ??

Quote from: dreamspark on July 04, 2014, 07:03:06 AM

Quote from: HardwarePal on July 04, 2014, 06:56:45 AM

I know a few people ranging to get a 1-2% (of total supply) position. Im currently aiming for 1%+ but will be doing it gradually as miners dump.

I mine to support the network , some friends mine to accumulate.

I think this has to do with how much you believe in the technology,devs and ofcourse BTC you can back your investment with.

Every investment is a risk.

1% is a huge portion to get to, particularly if you weren't an early miner. To even consider getting to 1% you must have a huge position already. 1% is 740 ish BTC at these prices. I'd be interested in your strategy for acquiring that many in a timely manner.

you got a zero to much, more like 18-19k xmr, so 74-80 btc.

Still, huge also for my perspective, i hold like 0.25% and i already feel very rich Grin

I wasnt an early miner but I had good positions on other coins that I got early into and still am trading for profit on other coins that have faster % gains for now.

The coins I get mining are just a bonus. You can daytrade XMR to accumulate, mine coins that might get future value or just straight up invest.

Im 50%+ there so its just a matter of time without investing more from my BTC stash.

David Latapie

hero member

Activity: 658

Merit: 503

Monero Core Team

Quote from: TeeBone on July 03, 2014, 09:07:02 PM

Side note...why the ticker change ? Regardless if it was officially changed, let's stick to MRO with eachother.

ISO 4217. See Monero Missives.

Quote from: silencesilence on July 04, 2014, 05:41:42 AM

link for Top 100 Richest Addresses ?

Impossible by design

hitbtc

sr. member

Activity: 525

Merit: 250

Quote from: dreamspark on July 04, 2014, 06:27:07 AM

Do you require any verification, if so what?

Do you have a cold storage system and/or a user side balance checker to prove solvency?

What country is your bank and your business located in?

Could you also explain the rationale on a $9 deposit charge Huh

Thanks

Hey dreamspark!

Verification is only for those who want to gain access to better limits in fiat trading (USD/EUR). If you want to know more, you can follow this link: https://hitbtc.com/fees-and-limits

We do have a cold storage: it's a must for every exchange, and ours holds 95% of all funds. In regards to proving solvency, it's always verified by our accounting department.

We are based in Denmark and have a bank in Estonia (Ullus Corporation K/S, you can look it up).

The $9 is our bank's commission strictly for fiat wire transfers.

I hope this clears things up!

Quote from: Kruncha on July 04, 2014, 06:55:09 AM

Quote from: jwinterm on July 03, 2014, 04:37:50 PM

The whole market maker thing just seems kinda shady. I guess you guys have a lot invested, and you don't want to end up with dead markets, but it still seems like a thin line between market maker and market manipulator (or does market maker = market manipulator with added perks like cash back?).

Market makers' task is putting bid and sell orders on both sides of the price to help trading go faster. This is as much market manipulation, as any other deal there is: of course with your orders you are always trying to reach certain goals, but they are never detrimental to the market as a whole.

Quote from: Jcw188 on July 04, 2014, 06:25:49 AM

There's clearly some positive dynamic forming on the latter. The question is, how permanent is that effect. What do you guys think?

I'm almost entirely sure that it will stay like that. This was actually a great deal, as both Monero and Hitbtc benefited from the increased volume. All this is bound to turn out good for the coin's image and, by extension, its price condition.
K.

Kruncha

We do think it's best for both our exchange and XMR and that we really helped each other.

dreamspark

hero member

Activity: 798

Merit: 1000

Quote from: HardwarePal on July 04, 2014, 06:56:45 AM

I know a few people ranging to get a 1-2% (of total supply) position. Im currently aiming for 1%+ but will be doing it gradually as miners dump.

I mine to support the network , some friends mine to accumulate.

I think this has to do with how much you believe in the technology,devs and ofcourse BTC you can back your investment with.

Every investment is a risk.

1% is a huge portion to get to, particularly if you weren't an early miner. To even consider getting to 1% you must have a huge position already. 1% is 740 ish BTC at these prices. I'd be interested in your strategy for acquiring that many in a timely manner.

HardwarePal

hero member

Activity: 565

Merit: 500

I know a few people ranging to get a 1-2% (of total supply) position. Im currently aiming for 1%+ but will be doing it gradually as miners dump.

I mine to support the network , some friends mine to accumulate.

I think this has to do with how much you believe in the technology,devs and ofcourse BTC you can back your investment with.

Every investment is a risk.

darlidada

hero member

Activity: 723

Merit: 503

Quote from: rpietila on July 04, 2014, 06:19:56 AM

Quote from: dreamspark on July 04, 2014, 06:12:36 AM

Quote from: HardwarePal on July 04, 2014, 06:06:52 AM

Quote from: rpietila on July 04, 2014, 05:58:03 AM

Tell me the total number of XMR owners and the percentage of the largest owner, I can derive the distribution of everyone in between with amazing accuracy Grin

I guess you already have done your calculations. You are the #1 wallet right ?

1) You cant do the calculations, there is no way to know others wallet balances

But it is rather easy to know the distribution of them with amazing accuracy, given that the inputs:
- number of owners;
- largest owner's balance;

Are even near correct.

Quote

2) I very much doubt it Wink

I am large but not in the TOP-5. Just as my strategy dictates.

What's that strategy ? I use your SSS strategy to sell BTC. I'd really to see your buying strategy for a coins such as XMR

Kruncha

sr. member

Activity: 644

Merit: 250

Quote from: jwinterm on July 03, 2014, 04:37:50 PM

The whole market maker thing just seems kinda shady. I guess you guys have a lot invested, and you don't want to end up with dead markets, but it still seems like a thin line between market maker and market manipulator (or does market maker = market manipulator with added perks like cash back?).

Market makers' task is putting bid and sell orders on both sides of the price to help trading go faster. This is as much market manipulation, as any other deal there is: of course with your orders you are always trying to reach certain goals, but they are never detrimental to the market as a whole.

Quote from: Jcw188 on July 04, 2014, 06:25:49 AM

There's clearly some positive dynamic forming on the latter. The question is, how permanent is that effect. What do you guys think?

I'm almost entirely sure that it will stay like that. This was actually a great deal, as both Monero and Hitbtc benefited from the increased volume. All this is bound to turn out good for the coin's image and, by extension, its price condition.

K.

bangersdad

full member

Activity: 227

Merit: 100

Quote from: dreamspark on July 04, 2014, 06:27:07 AM

Quote from: hitbtc on July 04, 2014, 06:13:55 AM

[...snip...]

hitbtc maybe Im missing it and it is there but can you give me a run down on some of your practices.

Do you require any verification, if so what?

Do you have a cold storage system and/or a user side balance checker to prove solvency?

What country is your bank and your business located in?

Apologies if its all on the site, perhaps these are some good prompts for a short FAQ?

Could you also explain the rationale on a $9 deposit charge Huh

Thanks

if you do not get an answer here - hitbtc have there own thread where queries are answered quickly. https://bitcointalksearch.org/topic/hitbtccom-the-most-advanced-cryptocurrency-exchange-378827 from what i can tell they are based in copenhagen, with their r&d dept based in Estonia (wonder if Risto has had any contact) they also have a demo mode so you can test out any trading using practice funds.

dreamspark

hero member

Activity: 798

Merit: 1000

Quote from: rpietila on July 04, 2014, 06:19:56 AM

But it is rather easy to know the distribution of them with amazing accuracy, given that the inputs:
- number of owners;
- largest owner's balance;

Are even near correct.

Indeed, but the poster was referring to calculating that you yourself are the top holder. This is impossible (unless you own over 50%).

Quote from: rpietila on July 04, 2014, 06:19:56 AM

I am large but not in the TOP-5. Just as my strategy dictates.

Dont worry it wasn't a taunt. I know fore well you will be positioned exactly to a plan Wink

Its About Sharing

legendary

Activity: 1442

Merit: 1000

Antifragile

Quote from: rpietila on July 04, 2014, 05:45:43 AM

Do you know of the following:

- paper wallets
- reduced/zero/negative trading fees for market makers in exchanges
- whether it makes sense to buy boolberry as a hedge or not

Thank you in advance

I asked the paper wallet question and someone posted this: https://cryptonote.exchange.to/paper_wallet.php
It appears a bit raw like the command line wallet and since I can't get the source compiled on my Mac for the simplewallet, I am going to wait.
Please post if anything better comes along.

IAS

dreamspark

hero member

Activity: 798

Merit: 1000

Quote from: hitbtc on July 04, 2014, 06:13:55 AM

[...snip...]

hitbtc maybe Im missing it and it is there but can you give me a run down on some of your practices.

Do you require any verification, if so what?

Do you have a cold storage system and/or a user side balance checker to prove solvency?

What country is your bank and your business located in?

Apologies if its all on the site, perhaps these are some good prompts for a short FAQ?

Could you also explain the rationale on a $9 deposit charge Huh

Thanks

Jcw188

hero member

Activity: 546

Merit: 500

Carpe Diem

Quote from: Kruncha on July 04, 2014, 05:34:20 AM

Sorry guys, my first post was a bit agressive, so I took it down.

I was talking about the uncertainty around the coin, which is understandable, considering all the goings-on in the thread, but that wasn't the point. The point is: recently I was lurking around the CN coins threads and came to a conclusion that Monero has a lot of potential and I think you guys should put more faith in it. Hence, imo, everything that can potentially bring the coin closer to the Moon should be met with more trust, like its integration into the hitbtc exchange.

To prove that point, I myself bought a market maker's contract and already started trading.

K.

Yep. Thinking if I should start trading Monero too, despite my latest claims that we should stay away from it for some time, after looking at these:

Poloniex

Hitbtc

There's clearly some positive dynamic forming on the latter. The question is, how permanent is that effect. What do you guys think?

rpietila

donator

Activity: 1722

Merit: 1036

Quote from: dreamspark on July 04, 2014, 06:12:36 AM

Quote from: HardwarePal on July 04, 2014, 06:06:52 AM

Quote from: rpietila on July 04, 2014, 05:58:03 AM

Tell me the total number of XMR owners and the percentage of the largest owner, I can derive the distribution of everyone in between with amazing accuracy Grin

I guess you already have done your calculations. You are the #1 wallet right ?

1) You cant do the calculations, there is no way to know others wallet balances

But it is rather easy to know the distribution of them with amazing accuracy, given that the inputs:
- number of owners;
- largest owner's balance;

Are even near correct.

Quote

2) I very much doubt it Wink

I am large but not in the TOP-5. Just as my strategy dictates.

hitbtc

sr. member

Activity: 525

Merit: 250

Hi again! It was with great excitement that we announced yesterday that Monero will shortly commence trading on Hitbtc.
The reaction to our latest news is plain to see - the exchange rate for XMR rose dramatically following release of the news.

Now the power is in your hands once again - get ready to support our latest currency once it is added to Hitbtc and together we can really make a success story, both on Hitbtc and beyond.
Thank you for your support so far and we look forward to what the future holds for XMR!

dreamspark

hero member

Activity: 798

Merit: 1000

Quote from: HardwarePal on July 04, 2014, 06:06:52 AM

Quote from: rpietila on July 04, 2014, 05:58:03 AM

Tell me the total number of XMR owners and the percentage of the largest owner, I can derive the distribution of everyone in between with amazing accuracy Grin

I guess you already have done your calculations. You are the #1 wallet right ?

1) You cant do the calculations, there is no way to know others wallet balances

2) I very much doubt it Wink

dreamspark

hero member

Activity: 798

Merit: 1000

Quote from: rpietila on July 04, 2014, 05:58:03 AM

Quote from: dreamspark on July 04, 2014, 05:46:54 AM

Quote from: silencesilence on July 04, 2014, 05:41:42 AM

link for Top 100 Richest Addresses ?

No such thing as far as I know, hence why you cant search for addresses on the block explorer. Its not even possible due to a separate public key is generated for each input, privacy and all that Wink

Tell me the total number of XMR owners and the percentage of the largest owner, I can derive the distribution of everyone in between with amazing accuracy Grin

Would love to see someone come up with a way to estimate number of owners, thinking back to when there were only a few people interested in the coin to now puts a big smile on my face.

Harking back a bit to your post a couple of days ago in the altcoin observer I would also be very interested in the sorts of investors we have on board as well as the number of alts they have previously invested in and currently hold. I personally have never seen an alt with so many notable investors and big BTC holders investing in their first alt. Or at least their first since LTC.

Good times ahead...

Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1695. (Read 4670972 times)