The price is not a function of the diff. The diff is a function of the price.
in general yes but it works both ways. a more difficult coin is a more secure coin. a more secure coin, all other things being equal, is a more valuable coin.
Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1703. (Read 4671953 times)
in general yes but it works both ways. a more difficult coin is a more secure coin. a more secure coin, all other things being equal, is a more valuable coin.
gpu mining destroyed the coin value
everyday its lower and lower
everyday its lower and lower
Just look at the net hash and difficulty, both are still climbing, this is like the coiled spring you see after any crypto has a big run up. Wont take much for the price to rocket and sellers at this price to be caught with their pants down.
Not really.
(a) If you believe the IRC chatter, the botnets are catching on.
(b) The cryptonotes in general, and XMR/BBR in particular, have been unreasonably profitable to mine, and this can't last.
"Unreasonably" meaning that they've been more than a factor of two or three more profitable than other coins, while having a smaller marketshare than other GPU-based coins. This means it's simply a matter of time before more miners re-point their rigs to XMR/BBR, and the diff will go up. What's been preventing them has been the technical difficulties of running CryptoNote for people used to bitcoin-clones, and the "first mover" advantage of people hopping on to these coins at the beginning.
The price is not a function of the diff. The diff is a function of the price.
I finished the short FAQ. I am not particularly proud of it but here it is.
Now I will consider the helpline idea.
Now I will consider the helpline idea.
32bit wallet does not work. Stopped on the block 109291.
It will never work again. Forget it and migrate to 64 bit wallet. Instructions see earlier this thread being bold font, posted by me.
32bit wallet does not work. Stopped on the block 109291.
Join pool http://hashinvest.net. I take care of this pool all the time.
Stable pool with instant online support.
This is the case on #monero. We may consider a web-to-irc bridge once the new website comes out (maybe to a specific #monero-help chan with strict policies about no casual chatting, short questions... Just a thought.
A regular FAQ is also considered.
A regular FAQ is also considered.
An acid test would be to set up a help method that is usable by me and my friends. We are representatives of a very big market segment of people in 30s-40s-50s, lots of dough, short attention span, and if not totally inept in technology, at least highly conservative in installing new stuff etc.
#monero does not qualify. Facebook/skype chat does. Email sucks. I am with you if arranging a help line incurs costs. My type of people also do not generally care if help is not free. What we do care is to find help when we need it and that the solution actually works.
I appreciate what you are saying about support, my day job involves providing IT support to high value professionals (amongst other things) and it is a completely different service to the mass-market who will put up with lower quality free support. For reference that UK based adhoc HVP support costs £1.50 (bit over $2) per minute, although that includes a significant business overhead it does mean all the boring legal stuff etc is covered.
Out of interest have you tried #monero through one of the web-IRC gateways on most of the mining pools? I'm just wondering whether it is accessing IRC which is the problem, or the text based interface.
ehi guys,
like this?
like this?
New Monero Pool for CPU/GPU
EU server super stable, vardiff, fast retarget, 0.4% fee and No transfer fee
Start mining Now!!!!!!
happy mining with Simpleminer & Cryptonoteminer
mining configuration ex:
Code:
minerd -a cryptonight -o stratum+tcp://xmr.darktech.org:3333 -u address -p x
New Features in next days!
we want miner without 5,5% fee
Claymore damping coin every day
What's the performance of it's closed source miner vs. open source one? I think we speak about AMD miners. But also, what about Nvidia open source miner, ccminer? It delivers me 200-210 H/s only upon nVidia 750 ti
Claymore damping coin every day
Claymore is an issue yes but even if half the coins being mined are being done so with his miner (which I doubt) its still only 560ish coins a day or 2 BTC ish. Hardly market moving. This is just noobs selling and whales accumulating.
Claymore damping coin every day
An acid test would be to set up a help method that is usable by me and my friends. We are representatives of a very big market segment of people in 30s-40s-50s, lots of dough, short attention span, and if not totally inept in technology, at least highly conservative in installing new stuff etc.
#monero does not qualify. Facebook/skype chat does. Email sucks. I am with you if arranging a help line incurs costs. My type of people also do not generally care if help is not free. What we do care is to find help when we need it and that the solution actually works.
#monero does not qualify. Facebook/skype chat does. Email sucks. I am with you if arranging a help line incurs costs. My type of people also do not generally care if help is not free. What we do care is to find help when we need it and that the solution actually works.
David, I think its imperative that some better help channels are set up, I personally believed that it was all quite straight forward and well documented although I will admit I haven't read through the documentation myself.
It is a surprise to me that people are struggling in this way. There are plenty of people who would work on a helpline, myself included, that aren't part of the core dev team but can certainly handle the majority of questions. Particularly if its an extension of the help we already provide on IRC. I don't believe it would be particularly difficult to set up some sort of help methods and more so if Risto is offering to be a test of whatever methods the dev team find appropriate.
I'm finishing a quick FAQ and will think about just after that. It is a surprise to me that people are struggling in this way. There are plenty of people who would work on a helpline, myself included, that aren't part of the core dev team but can certainly handle the majority of questions. Particularly if its an extension of the help we already provide on IRC. I don't believe it would be particularly difficult to set up some sort of help methods and more so if Risto is offering to be a test of whatever methods the dev team find appropriate.
David, I think its imperative that some better help channels are set up, I personally believed that it was all quite straight forward and well documented although I will admit I haven't read through the documentation myself.
It is a surprise to me that people are struggling in this way. There are plenty of people who would work on a helpline, myself included, that aren't part of the core dev team but can certainly handle the majority of questions. Particularly if its an extension of the help we already provide on IRC. I don't believe it would be particularly difficult to set up some sort of help methods and more so if Risto is offering to be a test of whatever methods the dev team find appropriate.
It is a surprise to me that people are struggling in this way. There are plenty of people who would work on a helpline, myself included, that aren't part of the core dev team but can certainly handle the majority of questions. Particularly if its an extension of the help we already provide on IRC. I don't believe it would be particularly difficult to set up some sort of help methods and more so if Risto is offering to be a test of whatever methods the dev team find appropriate.
This is the case on #monero. We may consider a web-to-irc bridge once the new website comes out (maybe to a specific #monero-help chan with strict policies about no casual chatting, short questions... Just a thought.
A regular FAQ is also considered.
A regular FAQ is also considered.
An acid test would be to set up a help method that is usable by me and my friends. We are representatives of a very big market segment of people in 30s-40s-50s, lots of dough, short attention span, and if not totally inept in technology, at least highly conservative in installing new stuff etc.
#monero does not qualify. Facebook/skype chat does. Email sucks. I am with you if arranging a help line incurs costs. My type of people also do not generally care if help is not free. What we do care is to find help when we need it and that the solution actually works.
If you don't mind me asking, what implicit promises are being discussed here? The promise to make the CryptoNote software less of a mess and more up to the current standard the Bitcoin core client is in?
Well if I am not able to use this coin without assistance before Christmas, I will sell it all and buy doge (if that's still available) what do you think of this shit, man??!?
Quote
Price is "low" because of the inflation rate and we expect it to be that way for quite some time still, with a low rise, one feature at a time. The "low price" is more than three times what it was when it landed on Poloniex.
And before Poloniex, it was already regarded as "high" or "pump" in the trading thread by those who had no stake. XMR is still, even at these levels, not a "cheap" coin. It needs to deliver the implicit promises in a timely manner against the exponentially (would be more dramatic to say increasing but that is not correct
) decreasing new mintage coming to the market.If you don't mind me asking, what implicit promises are being discussed here? The promise to make the CryptoNote software less of a mess and more up to the current standard the Bitcoin core client is in?
Quote
- "low" price => wider spread of monero
I am afraid I don't believe this one. Low price just means fewer miners and buyers. High price is higher spread, which is good.
Having said in May that I like it at 0.004 and like a lot at 0.002 but would not buy over 0.010 (because it will come down so I can continue buying)
As for me, since I am using your Sane and Simple Saving method, I might stop buying much before .0.01 (ROI happens at 0.08), at least not now and probably not this year.Quote
About official support man: there is none and this is good. There are two major teams: core team (monero account) and extended team (monero-extended account). Oftentimes, members of both teams reply with their own nick (and this is good too).
Actually this might be a good idea to have! Just a technical guy who is reachable by chat from the XMR webpage. Most of the newbie questions can be answered by someone who is not in dev level right (and I know at least one person who had several devs helping him to install a wallet with no success still to this day....
)A regular FAQ is also considered.
Price is "low" because of the inflation rate and we expect it to be that way for quite some time still, with a low rise, one feature at a time. The "low price" is more than three times what it was when it landed on Poloniex.
I am a dev, I am here. I read everything. Most of the time, I remain silent because we believe a community must be able to stand by itself. You want us to babysit you? Go buy another coin. Read the manual. When was the last time I read a newbie mentionning he read the manual before badmouthing the wallet? (answer: last week).
Something positive though:
- the more people are coming into Monero, the worse the signal-to-noise ratio (hint for those who don't understand signal-to-noise ratio: google for the term, I won't babysit you). So if we have a low SNR, this means that we are enjoying success.
- "low" price => wider spread of monero
About being late: to be late, you must have given some deadline and failed to deliver. We don't provide deadline, out of "one missive per week" - no, this doesn't mean we're "going Debian" either.
About official support man: there is none and this is good. There are two major teams: core team (monero account) and extended team (monero-extended account). Oftentimes, members of both teams reply with their own nick (and this is good too).
Official status: there is the "description" field in profile and there is the signature. No need for something else.
You want to get sortta rich quick? Go elsewhere. You want to get real rich in two years (expected time for the effects of inflation to get lower)? Hold your coins. You want to get a lot of XMR coins? Either buy with fiat from your source of regular income (salary, welfare...), ride the pump and dump waves at your own risk or invest in creator of store of values (see my sig)
You want to participate in the development of monero? I assume if you want and can, you'll figure out by yourself how to do it.
I am a dev, I am here. I read everything. Most of the time, I remain silent because we believe a community must be able to stand by itself. You want us to babysit you? Go buy another coin. Read the manual. When was the last time I read a newbie mentionning he read the manual before badmouthing the wallet? (answer: last week).
Something positive though:
- the more people are coming into Monero, the worse the signal-to-noise ratio (hint for those who don't understand signal-to-noise ratio: google for the term, I won't babysit you). So if we have a low SNR, this means that we are enjoying success.
- "low" price => wider spread of monero
About being late: to be late, you must have given some deadline and failed to deliver. We don't provide deadline, out of "one missive per week" - no, this doesn't mean we're "going Debian" either.
About official support man: there is none and this is good. There are two major teams: core team (monero account) and extended team (monero-extended account). Oftentimes, members of both teams reply with their own nick (and this is good too).
Official status: there is the "description" field in profile and there is the signature. No need for something else.
You want to get sortta rich quick? Go elsewhere. You want to get real rich in two years (expected time for the effects of inflation to get lower)? Hold your coins. You want to get a lot of XMR coins? Either buy with fiat from your source of regular income (salary, welfare...), ride the pump and dump waves at your own risk or invest in creator of store of values (see my sig)
You want to participate in the development of monero? I assume if you want and can, you'll figure out by yourself how to do it.
Snobbery is good, if you can prove it to society, directly or indirectly. There should be clear sticky FAQ, and clear other things, with clear heartbeat and feedback. Sorry my English, I am not English speaking...
For example, in light of this thread:
https://bitcointalksearch.org/topic/cryptonote-a-complete-forking-guide-to-create-your-own-cryptonote-currency-673203
you, being official core team, should clearly deliver why Monero is better than any other Cryptonote fork including reference implementation from official Cryptonote technology creators. This deliverance should be bold & sticky.
why the price value of the coin is falling, never seen it that low.
You must be new here, some of us were buying at 0.0003, wish it would go as low as Ive seen it again
Infact my mining costs at the beginning were way way lower than that.Actually this might be a good idea to have! Just a technical guy who is reachable by chat from the XMR webpage. Most of the newbie questions can be answered by someone who is not in dev level right (and I know at least one person who had several devs helping him to install a wallet with no success still to this day....
)Most of the people who can help find it very hard to sift through a thread such as this and a conversation in a forum style is very hard to be both quick and legible. Anyone who needs any additional help can always come over to IRC. Myself and many others are more than happy to answer any questions in there and indeed many do pop in, ask a quick question and leave again. Its by far a better system than trawling through an ann thread.
Time to get rid of that pesky mac
LOL a programmer who needs needs a GUI. A programmer who also believes that people were *blessed* with a different copy of the same binaries. No body will help you while you call everyone an ass hole, the wallet (which the vast majority have got on with) shit and refuse to read the people replies who have helped you.
Ill even help you out a bit more as I cant deal with your screaming in this thread. Come to IRC channel #monero. Ask in there as thats where the devs spend most their time and we can help you with technical problems without you calling everything shit because you cant get it to work.
Ill even help you out a bit more as I cant deal with your screaming in this thread. Come to IRC channel #monero. Ask in there as thats where the devs spend most their time and we can help you with technical problems without you calling everything shit because you cant get it to work.
LOL ....Man, Look this shit is frustrating but Thanks bro I will hit up the ICR channel if they dont have the answer fuck it.
To guy that was talking about firewalls ....Yea thats a good idea, and that was the first thing I thought was happen I disable all my firewalls, antivirus and I ran the command line that i post IDK maybe its something deeper maybe it will work it self out
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