Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1744. (Read 4671953 times)

Lol OK. Thx.

...but it was such a glorious dream.

So, if I understand correctly, there are no special purpose mining rigs that can mine cryptonight coins? I'm not sure anymore, but if I wanted to invest in more mining power for cryptonight I'd just have to find the most efficient CPU?

The last few pages are all -

Oh shit dumppppp

If Monero has to succeed bla bla bla

Dont worry, buy more

It makes me think its all about the BTC, the higher the value goes, more BTC they get

monero use cryptonight algo dude

Scrypt miners will not work with cryptonote afaik.

So, I've just done some math and I pray to the moon god that I'm not missing something massively important...
but a week or two ago, I mined XMR for ~4 days in a pool at about ~100khs (quite a bit of fluctuation, actually) and I apparently made ~4 XMR.

I was thinking about buying a 5mhz scrypt miner tomorrow. If I had used a 5mhz miner for those 4 days instead, the math tells me I would have made ~400 XMR...

..the miner would have paid for itself, plus another couple hundred dollars.

Am I dreaming.

Someone explain what I'm missing. I only got into crypto a month ago.

The problem is that the reference code (especially the wallet) is still buggy as all hell and behaves unpredictably. All the CN code has these problems right. Building a GUI wallet isn't the hard part, making it robustly functional is. This is financial software, if things behave unexpectedly people lose their money and their shit, which is much worse for a cryptocurrency in the long run.

There are a couple alpha GUIs right now, probably the most mature is this Windows one if you want to play with it: https://github.com/Jojatekok/monero-client/releases

I didn't like being called an idiot back then very much... but I knew then as I do now who the idiot is.

Buying back in now.

Devs... please keep on truckin.

what happened to payouts? He owes me 3XMR.

i wish xmr will be good in the future.

While I completely understand your points and thoughts, this is actually 100% the wrong strategy. So many engineers and other technology workers make this mistake all the time. They think that its enough to build something superior technically, and the marketing will just happen and success will just happen. I see it all the time in the VC work I do in Silicon Valley. Its a huge error.

Market opportunity is a fleeting thing. VHS beat out BetaMax but BetaMax was much better technology. But VHS won because it was simpler and had much better marketing.

The Monero community and the devs especially, need to understand that time is not a luxury, and that marketing and ease of use are not unnecessary for success. There is only a small window of opportunity here to gain serious momentum and mindshare. After that some other coin (BBR, or new competitor) that has basically the same feature set but with an easy to use wallet and ecosystem that is actively marketed and promoted will win and XMR will be nothing but an also ran.

I love XMR's potential, but until the devs really understand the need for speed and the need for ease of use and the need for active marketing now while the iron is hot, they are in danger of choosing the exact wrong approach to success.

If you want to change the world, then XMR needs to be so easy that anyone can buy XMR and transfer it with no learning of any kind. It just works. If XMR can't do it, then some other competitor will and XMR will lose the window to become number one. Because once a coin ends up being THE coin of choice for anonymous transactions its game over for all the others.

Mintpal, the dumptruck of promising coins.

bye monero.farm 

Yeah, keep voting, LOL.

I will keep voting.
i wish this coin will be good in the future.

Oh finally!

I can't wait until the people holding this just for pumping get out and the 0.002's come back. I'm ready.

dumptruck beep beep

Let's assume eventually the monero blockchain is 5 times larger than bitcoin. Is that worth full anonymity? Kind of like how bitcoin is more bloat than MasterCard but you deal with it anyway because the benefits outweigh the bloat.

That is how I see it. You've got two choices. A chain larger than bitcoin but with full anonymity or not.

Submissions deleted. Thank you for your support. I open support tickets to Mintpal and Bittrex ..

Was no one else who is posting over the last week or so paying attention during the original run?  Monero got a high market cap after darkcoin blew up because it has attractive anonymity components.  Then people decided it wasn't practical due to block chain bloat, etc.  The price fell like 75%.  

Then somehow people forgot or ignored everything that was decided during the first round and it went way up again.  I read probably the majority of posts after the last several weeks and no one talks about those original problems.

If you think those underlying issues will get fixed (by Monero vs. another cryptonote coin), it's a pretty awesome investment.  If you have no idea what I'm talking about I probably would be more careful with your money.

In the past Poloniex and Bittrex support tended to be quite helpful when ppl made this sort of error, if you provide Mintpal support with all the tx info they should be able to refund you.

But really? You were transferring over 1btc worth of XMR to Mintpal and you didnt bother reading the instruction which says "you must have a payment ID"!! I know Monero isnt at the Apple level of user friendliness and intuitive design but it has a helpful community, if you're not sure what you are doing then do a bit more research or ask someone...

EDIT: removed the txid from quote, really you dont want to share that at the moment, welcome to a really anonymous currency