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Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1744. (Read 4670972 times)

sr. member
Activity: 302
Merit: 250
Imagine a world without hate and oppression
whats the problem with XMR? why the dump?
I think there is one reason, members can't send XMR from Bittrex/Poloniex, No pro, willbe resolved as soon, Now is the best time for buy.  Smiley
legendary
Activity: 2156
Merit: 1131
whats the problem with XMR? why the dump?

Are you new to cryptos ?

It is called a weak hand shaking, it is part of the pump & dump process made by insiders.
hero member
Activity: 826
Merit: 1000
see my profile
whats the problem with XMR? why the dump?

Just invent a reason. That's what everyone does right now.
newbie
Activity: 24
Merit: 0
whats the problem with XMR? why the dump?
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
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




So are you saying XMR is just a big long con run by whales?
sr. member
Activity: 302
Merit: 250
Imagine a world without hate and oppression
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.

Scrypt miners will not work with cryptonote afaik.

Why?
member
Activity: 118
Merit: 10
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.

monero use cryptonight algo dude Cheesy
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.

Scrypt miners will not work with cryptonote afaik.

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?
legendary
Activity: 952
Merit: 1000
Stagnation is Death
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


sr. member
Activity: 286
Merit: 250
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.

monero use cryptonight algo dude Cheesy
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
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.

Scrypt miners will not work with cryptonote afaik.
member
Activity: 118
Merit: 10
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.
legendary
Activity: 1484
Merit: 1005
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.

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
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
Looking forward to the MRO pump on MintPal

Are we sure we haven't seen it already?

Monero isn't even on Mintpal yet, idiot. It's #1 on voting list, #1's get added every Monday, today is Wednesday. That means Monero is going to get added Next Monday, idiot.
I'm pretty sure he is trying to say that since the market expect XMR to be added to mintpal the market will already have priced this in, thus there won't be further spike than we have seen, in fact the price may decline since the expected pump fails to emerge.

I personally think we'll see a spike higher than we seen last few days since adding it to mintpal will expose more people to monero.

I get what he's trying to say, and it doesn't make any sense. That's not how markets work. Poloniex/Bittrex are very small exchanges compared to Mintpal. After Poloniex's recent hacking, I'm sure many many users Do not user Poloniex now, and I've only heard of Bittrex about a week ago..

Mintpal has a huge user base, making it very unlikely that the recent rise in price was factored in because Monero might get added to Mintpal...Learn marketing cAPSLOCK..It only went up because of the small Poloniex userbase that is holding/buying Monero. Wait until Monero is on Mintpal, with a MUCH bigger userbase..

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.
sr. member
Activity: 356
Merit: 250
bye monero.farm  Cry

what happened to payouts? He owes me 3XMR.
full member
Activity: 182
Merit: 100
Mintpal, the dumptruck of promising coins.

i wish xmr will be good in the future.
newbie
Activity: 50
Merit: 0
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.


Monero is doing what exactly needs to be doing. Being anonymous and not being wannabe anonymous. It is doing this right now and not in the future and is not closed source. I really dont care if it is noob friendly right now.

Right now it doesnt need to be mainstream. Have you seen any marketing? Getting mainstream too fast will just make it a pump and dump after all...
sr. member
Activity: 280
Merit: 250
Knowledge is Power
Mintpal, the dumptruck of promising coins.
sr. member
Activity: 560
Merit: 250
"Trading Platform of The Future!"
bye monero.farm  Cry
legendary
Activity: 1904
Merit: 1003
member
Activity: 63
Merit: 10
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