[XMR] Monero - A secure, private, untraceable cryptocurrency - page 1853.

choose-username

newbie

Activity: 32

Merit: 0

Quote from: drawingthesun on June 10, 2014, 08:39:01 AM

Quote from: choose-username on June 10, 2014, 08:34:05 AM

I can throw 0.1 btc if it is needed for XMR to get to mintpal. Do the votes stay all the time, or do they reset?

I'm against the entire buying votes idea, it ends up coming down to a risk/reward situation where you have to decide if spending 0.1 bitcoin is worth getting Monero on an exchange so that the increased value to your holdings grows beyond the spent 0.1 bitcoin. And to me that sounds like a pump and dump coin, which isn't at all what Monero is about.

Of course you might not even be interested in such things (P&D) but to an outside observer it just reeks of P&D.

I'm not really a fan of Mintpal.

I know I'm not very smart in these things but I just see it as little more exposure for the coin.

I like Mintpal, I definately prefer it over poloniex for example. I think the price would go up naturally if more people get interested in the coin, and it's good to have it on popular trading websites already when they do.

dreamspark

hero member

Activity: 798

Merit: 1000

Quote from: drawingthesun on June 10, 2014, 08:39:01 AM

Quote from: choose-username on June 10, 2014, 08:34:05 AM

I can throw 0.1 btc if it is needed for XMR to get to mintpal. Do the votes stay all the time, or do they reset?

I'm against the entire buying votes idea, it ends up coming down to a risk/reward situation where you have to decide if spending 0.1 bitcoin is worth getting Monero on an exchange so that the increased value to your holdings grows beyond the spent 0.1 bitcoin. And to me that sounds like a pump and dump coin, which isn't at all what Monero is about.

Of course you might not even be interested in such things (P&D) but to an outside observer it just reeks of P&D.

I'm not really a fan of Mintpal.

Meh, disagree or at least don't think its an issue. I think your looking at it from a purely profit point of view where the sole reason for wanting to be on Mintpal is because you believe it will make the value of the coin increase.

Thats not the only reason for wanting to be on Mintpal. I would pay .1 to be able to trade Monero on any exchange thats not Polo which is a POS to be honest. I don't trust their solvency, continually stuck deposits and withdrawals and the general bad UI. Plus don't even get me started on having to look at the retarded troll box everytime I want to look at the order book.

Thats purely a personal opinion but its more than enough reason to throw $60 at it. I agree with the premise of your point but I think there are more reasons for people wanting to be on Mintpal than purely to dump your coins.

dreamspark

hero member

Activity: 798

Merit: 1000

Quote from: choose-username on June 10, 2014, 08:34:05 AM

I can throw 0.1 btc if it is needed for XMR to get to mintpal. Do the votes stay all the time, or do they reset?

I believe they stay for the whole time judging by some of the coins that are near the top!

georgeandy

hero member

Activity: 518

Merit: 500

Quote from: toknormal on June 10, 2014, 06:26:51 AM

Last night I downloaded the Windows wallet and left it for 6 hours downloading the block chain.

It started at "56 Days behind" and ended up completing.

Then this morning, when I launch the daemon, it starts downloading all over again !! - 56 days behind.

Any ideas why this is happening ?

type 'save' after download the block chain or before you exit deamon

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: David Latapie on June 10, 2014, 08:42:14 AM

Quote from: drawingthesun on June 10, 2014, 07:57:24 AM

I think it's 20 years or something

Eight.

I see, do you think a final reward of 1 XMR might be just? I posted the suggestion in the Monero economy thread.

David Latapie

hero member

Activity: 658

Merit: 503

Monero Core Team

Quote from: drawingthesun on June 10, 2014, 07:57:24 AM

I think it's 20 years or something

Eight.

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: choose-username on June 10, 2014, 08:34:05 AM

I can throw 0.1 btc if it is needed for XMR to get to mintpal. Do the votes stay all the time, or do they reset?

I'm against the entire buying votes idea, it ends up coming down to a risk/reward situation where you have to decide if spending 0.1 bitcoin is worth getting Monero on an exchange so that the increased value to your holdings grows beyond the spent 0.1 bitcoin. And to me that sounds like a pump and dump coin, which isn't at all what Monero is about.

Of course you might not even be interested in such things (P&D) but to an outside observer it just reeks of P&D.

I'm not really a fan of Mintpal.

choose-username

newbie

Activity: 32

Merit: 0

I can throw 0.1 btc if it is needed for XMR to get to mintpal. Do the votes stay all the time, or do they reset?

rangedriver

hero member

Activity: 714

Merit: 504

Quote from: toknormal on June 10, 2014, 08:13:01 AM

Quote from: smooth on June 10, 2014, 06:47:00 AM

It is supposed to checkpoint to disk, but apparently it didn't. Double check that you don't have a disk problem (out of disk space, etc.) and once it syncs up the next time, type "save" in the daemon window.

Thanks for the tips. This coin really is for geeks (funny thing is - I AM one !). Now I can see why nobody's buying it - it's not even out of alpha yet.

ok, I've downloaded the blockchain but can't find any info as to where I should locate it. If I put it in the same folder as the daemon, then the log entry says 'Unable to load blockchain, creaating genesis block'. On the other hand, if I look in users/AppData/Roaming etc, there's no sign of a Monero folder created by the daemon.

If I downloaded the Windows binaries, do I still need to install any 3rd party support infrastructure (there was on cited on the Wallet download page but I forgot the name right now).

Thanks again for the tips !

EDIT: FOund where the blockchain goes - it's in a folder called 'bitmonero' in roaming, not monero.

Bitcoin itself was once a geeky skeletal framework. In fact in either case, it's not the coin itself that is geeky but rather the underlying technology. The task at hand is to bring the technology to the masses which is an evolutionary process.

toknormal

legendary

Activity: 3066

Merit: 1188

Quote from: smooth on June 10, 2014, 06:47:00 AM

It is supposed to checkpoint to disk, but apparently it didn't. Double check that you don't have a disk problem (out of disk space, etc.) and once it syncs up the next time, type "save" in the daemon window.

Thanks for the tips. This coin really is for geeks (funny thing is - I AM one !). Now I can see why nobody's buying it - it's not even out of alpha yet.

ok, I've downloaded the blockchain but can't find any info as to where I should locate it. If I put it in the same folder as the daemon, then the log entry says 'Unable to load blockchain, creaating genesis block'. On the other hand, if I look in users/AppData/Roaming etc, there's no sign of a Monero folder created by the daemon.

If I downloaded the Windows binaries, do I still need to install any 3rd party support infrastructure (there was on cited on the Wallet download page but I forgot the name right now).

Thanks again for the tips !

EDIT: FOund where the blockchain goes - it's in a folder called 'bitmonero' in roaming, not monero.

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: voisina on June 10, 2014, 07:52:59 AM

How long will it be before all coins are mined?

I think it's 20 years or something, but this is only the initial supply. Afterwards a release of either a fixed amount or fixed percent will take over and exist for all time.

Some discussion taking place here:

https://bitcointalk.org/index.php?topic=597878.140

voisina

newbie

Activity: 42

Merit: 0

How long will it be before all coins are mined?

devphp

sr. member

Activity: 336

Merit: 260

Quote from: David Latapie on June 09, 2014, 08:32:11 AM

Quote from: devphp on June 09, 2014, 08:23:08 AM

To Monero devs and enthusiasts.

Do you think there is a reputable and trustworthy individual among you who would be interested to set up an exchange buro of Moneros on the NXT Asset Exchange? I noticed, not many centralized exchanges are willing to create XMR/BTC trading pairs, due to Monero differences in software from Bitcoin forks.

NXT AE allows someone to operate as an exchange buro and profit from setting the price of an asset and charge redemption commissions.

Since I really like NXT, this catches my attention. I will consider it.

Good. Qora users have set up their gateway yesterday, and there is already some demand from NXTers on the first day. Because Monero wallet is still not trivial to set up for non-technical users, I believe many would keep it as an asset on the NXT AE for convenience. Or redeem. Either way the gateway owner would profit from commissions and market making as the first seller, "droit du seigneur", as they used to say

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: toknormal on June 10, 2014, 06:26:51 AM

Last night I downloaded the Windows wallet and left it for 6 hours downloading the block chain.

It started at "56 Days behind" and ended up completing.

Then this morning, when I launch the daemon, it starts downloading all over again !! - 56 days behind.

Any ideas why this is happening ?

It is supposed to checkpoint to disk, but apparently it didn't. Double check that you don't have a disk problem (out of disk space, etc.) and once it syncs up the next time, type "save" in the daemon window.

pandacoin

legendary

Activity: 1554

Merit: 1000

Monero is coming from deep and it will change all altcoin system. Price is rising, miners should hodl or they will regret it.

toknormal

legendary

Activity: 3066

Merit: 1188

Quote from: GreekBitcoin on June 10, 2014, 06:29:40 AM

why dont you download the blockchain from the OP?

ok. I hadn't seen that - I'll try it thanks.

GreekBitcoin

legendary

Activity: 1428

Merit: 1001

getmonero.org

Quote from: toknormal on June 10, 2014, 06:26:51 AM

Last night I downloaded the Windows wallet and left it for 6 hours downloading the block chain.

It started at "56 Days behind" and ended up completing.

Then this morning, when I launch the daemon, it starts downloading all over again !! - 56 days behind.

Any ideas why this is happening ?

why dont you download the blockchain from the OP?

toknormal

legendary

Activity: 3066

Merit: 1188

Last night I downloaded the Windows wallet and left it for 6 hours downloading the block chain.

It started at "56 Days behind" and ended up completing.

Then this morning, when I launch the daemon, it starts downloading all over again !! - 56 days behind.

Any ideas why this is happening ?

David Latapie

hero member

Activity: 658

Merit: 503

Monero Core Team

Quote from: parker928 on June 10, 2014, 12:41:39 AM

well sure...my gpu's can crack a 6 character password in 3 hours, but i would be dead before i could crack a ten character.

25 GPU, 350 billions passwords per seconds. Your average pro miner can do it and this was two years ago.

Could someone post a link to a more recent record?

Quote from: smooth on June 10, 2014, 04:59:12 AM

Being fixed in the pool code, but meanwhile, mine on smaller pools. Don't mine on a pool where you are much less than 1% of the pool hash rate.

Also mine in a pool closer to your location. Unrelated to dust, but closer = better connection = better effective hashrate = mone monero.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: becker on June 09, 2014, 05:21:47 PM

So, if the pools are sending dust to small miners, and dust gets eaten in transaction fees, how is this coin supposed to go mainstream. As in if the hashrate went up 10x it would just result in more dust.

Being fixed in the pool code, but meanwhile, mine on smaller pools. Don't mine on a pool where you are much less than 1% of the pool hash rate.

Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1853. (Read 4670606 times)