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Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 260. (Read 4671660 times)

full member
Activity: 182
Merit: 118
Two cryptocurrency i think the best bets right now are Monero and Ethereum, Monero is currently priced at a little over $211, commanding a market cap of $3,316,883,568 at that price.
It’s down just shy of -21.25% at the writing time according to CMC.
Against a backdrop of this price action, however, which looks decidedly bearish, Monero as an entity has been making strides towards commercial success.
The coin has grown to become one of the (if not the) industry gold standard privacy coin, and has gained traction based on its utility as a dark marketplace coin.. something that won’t please everyone and that certainly isn’t going to support a long-term upside revaluation, but as a kicker, it’s a nice thing to have in place.  Cool
member
Activity: 378
Merit: 35
What's happening now? All the Crypto currency has gone into disgrace. And our coin Monero did not remain indifferent. Too very much sagged. Does anyone have an opinion on this? Time to buy or worth the wait?

looking at what goals
1- if you buy a coin, then you can take a chance to buy, because the price is really low
2 - If there are already coins and you want to sell, then it's best to wait

in any case, no one will give you guarantees how the coin will lead
legendary
Activity: 1722
Merit: 1217
What's happening now? All the Crypto currency has gone into disgrace. And our coin Monero did not remain indifferent. Too very much sagged. Does anyone have an opinion on this? Time to buy or worth the wait?

Always better to buy when its cheaper than when its more expensive but I would wait for a double digit price before blowing the very last of my dry powder.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it

Cryptocurrency trading is unregulated and actions that are considered illegal in the stock market are frequently committed in coin exchanges.  Pump and dump? Wash trades? Insider trading? and the list goes on.

The wash trading rule applies to securities.  It is in the statutory language.   Some ICO tokens may be treated as securities by regulators.  In fact U.S. regulators have made statements to that effect regarding ICOs, if I am not mistaken.
The assets Bitcoin and Monero are not securities, and regulators did not include such assets in their statements about ICOs being subject to securities rules.

Very true and lets not forget different countries have different opinions and some none at all. I looks like russia has finally decided to regulate their exchanges, I wonder what kind of KYC they are going to impose?
sr. member
Activity: 807
Merit: 423

Cryptocurrency trading is unregulated and actions that are considered illegal in the stock market are frequently committed in coin exchanges.  Pump and dump? Wash trades? Insider trading? and the list goes on.

The wash trading rule applies to securities.  It is in the statutory language.   Some ICO tokens may be treated as securities by regulators.  In fact U.S. regulators have made statements to that effect regarding ICOs, if I am not mistaken.
The assets Bitcoin and Monero are not securities, and regulators did not include such assets in their statements about ICOs being subject to securities rules.
full member
Activity: 602
Merit: 110
What's happening now? All the Crypto currency has gone into disgrace. And our coin Monero did not remain indifferent. Too very much sagged. Does anyone have an opinion on this? Time to buy or worth the wait?
full member
Activity: 392
Merit: 100
Now I think that current price of Monero is very attracted to grab some coins. Number of coins is very limitated and I think that value of all untraceable coins will be increased in nearest future
jr. member
Activity: 182
Merit: 7
member
Activity: 105
Merit: 20
Explain please, what Charlie Lee did to LTC? I see how highly he is committed to the idea of developing blockchain technology. I think, any cooperation will benefit these coins. This is a natural process of evolution of cryptocurrencies and it doesn't depend on our will in here.


https://medium.com/@bitfinexed/coinbase-insider-trading-litecoin-edition-be64ead3facc

It's a sad thing to read. But apparently the market forgives everything.

Cryptocurrency trading is unregulated and actions that are considered illegal in the stock market are frequently committed in coin exchanges.  Pump and dump? Wash trades? Insider trading? and the list goes on.
jr. member
Activity: 57
Merit: 2
Ælf/XMR Enthusiast


One other thing; considering we're moving to the Monero forum (which I personally think is a fantastic idea as crypto is far greater in appeal than just BTC or any one single project now), but does that this mean this thread is now considered legacy? I agree with the sentiment behind the move but I do enjoy the ability to converse on different projects in the one place.

The getmonero forum is used for official notices, and that's about it.  Most action seems to be on reddit these days, as BTCtalk has been mostly abandoned for a long time now.  A few of us legacy lurkers still around, for the reason you cite, but everything is at least second hand here.

Ah OK, thanks for the heads up then. I've posted a little in XMR subs but always saw BTCtalk as the de-facto place to talk crypto, even with the surge of crypto sub popularity... I'll keep that in mind -- thanks again!
legendary
Activity: 2016
Merit: 1259


One other thing; considering we're moving to the Monero forum (which I personally think is a fantastic idea as crypto is far greater in appeal than just BTC or any one single project now), but does that this mean this thread is now considered legacy? I agree with the sentiment behind the move but I do enjoy the ability to converse on different projects in the one place.

The getmonero forum is used for official notices, and that's about it.  Most action seems to be on reddit these days, as BTCtalk has been mostly abandoned for a long time now.  A few of us legacy lurkers still around, for the reason you cite, but everything is at least second hand here.
jr. member
Activity: 57
Merit: 2
Ælf/XMR Enthusiast
jr. member
Activity: 57
Merit: 2
Ælf/XMR Enthusiast
Does anyone know anything about the upcomming Bulletproof release? It hasn't been validated just yet, but I heard from a friend that there may be a fee reduction of 84%? Would be great!

Bulletproofs are under development but there is no specific release scheduled yet. The technology is very new and the math/cryptography team is still coming up with improvements, scrutinizing it for weaknesses, etc. There is a plan for a full formal review before it goes live. It does indeed reduce transaction size (and therefore fees) by about 80%.

To add, for anyone interested in Bulletproofs & fees, see:

https://getmonero.org/2017/12/11/A-note-on-fees.html

Thank you dEBRUYNE, this was well worth the read. Do you know if the testnet with Bulletproofs is far off as mentioned here?

The single-output Bulletproofs are currently live on testnet. However, Bulletproofs in general will not be live on mainnet until, probably, September this year, as we want to have them properly audited, i.e., check whether the code matches the math in the paper, check whether there are no "coin-killer" bugs in there, and more generally extend the time how long it has been out there (the paper is only a few months old).

Absolutely, I understand that these things can't be rushed and I'd much rather any future solution to be of sound quality than to rush it out for the sake of it. XMR is one of my favourite projects exactly for that reason. Thank you for the rough estimation on Bulletproof's being available on mainnet, I won't take it as gospel as I know there are never any certainties on deadlines when it comes to development.

One other thing; considering we're moving to the Monero forum (which I personally think is a fantastic idea as crypto is far greater in appeal than just BTC or any one single project now), but does that this mean this thread is now considered legacy? I agree with the sentiment behind the move but I do enjoy the ability to converse on different projects in the one place.
full member
Activity: 182
Merit: 118
Monero is currently priced at a little over $270, commanding a market cap of  $4,219,896,145 at that price. It’s down just shy of 15% over the last twenty-four hours according to Coinmarketcap.
Over the last few weeks, one of the Monero team’s biggest names, Riccardo Spagni, has been making the rounds on the crypto circuit, pushing for adoption and preaching as to why Monero can be the next big thing... He’s even got a bit of a bromance going with Litecoin creator Charlie Lee.
Monero can be huge and right now, at the above market cap and a ranking of number 13 against its peers, it looks undervalued.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
HEY, How the hell does a scam exchange like HitBTC have the second highest volume? Who is not warning these people? Are the reddit tards being led there?

Also does anyone have a list of exchanges that lag on price change that doesn't have massive spread? It's time I decided on an exchange and got ready to grab a few in a couple weeks.
legendary
Activity: 2702
Merit: 2053
Free spirit

*Holds finger to ear*

... We have a Live feed coming in now, direct from Kazakhstan


sr. member
Activity: 966
Merit: 264
Kazakhstan to Accept Traffic Fines Payments in Monero

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/kazakhstan-to-accept-traffic-fines-payments-in-bitcoin-following-example-of-south-africa/

newbie
Activity: 5
Merit: 0
I downloaded wallet for windows intalled it but cannot synchronize it, monerod.exe is always fail to fully synchronize blockchain so i downloaded full blockchain from https://downloads.getmonero.org/blockchain.raw and tried to import it with monero-blockchain-export.exe but it always gives error - "chunk size exceeds buffer size"

So what to do with that?

C:\.........\monero-gui-0.11.0.0>monero-blockchain-import --verify 1 --input-file C:\downloads\blockchain.raw
2018-01-30 09:01:19.442 1584 INFO bcutil src/blockchain_utilities/blockchain_import.cpp:646 Starting...
2018-01-30 09:01:19.443 1584 INFO bcutil src/blockchain_utilities/blockchain_import.cpp:681 database: lmdb
2018-01-30 09:01:19.443 1584 INFO bcutil src/blockchain_utilities/blockchain_import.cpp:682 database flags: 0
2018-01-30 09:01:19.444 1584 INFO bcutil src/blockchain_utilities/blockchain_import.cpp:683 verify: true
2018-01-30 09:01:19.444 1584 INFO bcutil src/blockchain_utilities/blockchain_import.cpp:687 batch: true batch size: 5000
2018-01-30 09:01:19.444 1584 INFO bcutil src/blockchain_utilities/blockchain_import.cpp:693 resume: true
2018-01-30 09:01:19.445 1584 INFO bcutil src/blockchain_utilities/blockchain_import.cpp:694 testnet: false
2018-01-30 09:01:19.449 1584 INFO bcutil src/blockchain_utilities/blockchain_import.cpp:696 bootstrap file path: C:\downloads\blockchain.raw
2018-01-30 09:01:19.450 1584 INFO bcutil src/blockchain_utilities/blockchain_import.cpp:697 database path: C:\ProgramData\bitmonero
2018-01-30 09:01:19.467 1584 INFO global src/cryptonote_core/cryptonote_core.cpp:323 Loading blockchain from folder C:\ProgramData\bitmonero\lmdb ...
2018-01-30 09:01:19.831 1584 INFO global src/cryptonote_core/cryptonote_core.cpp:421 Loading checkpoints
2018-01-30 09:01:19.831 1584 WARN blockchain.db.lmdb src/blockchain_db/lmdb/db_lmdb.cpp:2674 WARNING: batch transaction mode already enabled, but asked to enable batch mode
2018-01-30 09:01:20.045 1584 INFO bcutil src/blockchain_utilities/bootstrap_file.cpp:347 bootstrap file recognized
2018-01-30 09:01:20.046 1584 INFO bcutil src/blockchain_utilities/bootstrap_file.cpp:357 bootstrap::file_info size: 4
2018-01-30 09:01:20.048 1584 INFO bcutil src/blockchain_utilities/bootstrap_file.cpp:368 bootstrap file v0.1
2018-01-30 09:01:20.052 1584 INFO bcutil src/blockchain_utilities/bootstrap_file.cpp:369 bootstrap magic size: 4
2018-01-30 09:01:20.054 1584 INFO bcutil src/blockchain_utilities/bootstrap_file.cpp:370 bootstrap header size: 1024
2018-01-30 09:01:20.062 1584 INFO bcutil src/blockchain_utilities/bootstrap_file.cpp:400 Scanning blockchain from bootstrap file...
2018-01-30 09:02:19.966 1584 WARN bcutil src/blockchain_utilities/bootstrap_file.cpp:436 WARNING: chunk_size 2724661602 > BUFFER_SIZE 1000000 height: 628497
2018-01-30 09:02:20.025 1584 ERROR bcutil src/blockchain_utilities/blockchain_import.cpp:747 Exception at [Import error], what=Aborting: chunk size exceeds buffer size

legendary
Activity: 2268
Merit: 1141
Does anyone know anything about the upcomming Bulletproof release? It hasn't been validated just yet, but I heard from a friend that there may be a fee reduction of 84%? Would be great!

Bulletproofs are under development but there is no specific release scheduled yet. The technology is very new and the math/cryptography team is still coming up with improvements, scrutinizing it for weaknesses, etc. There is a plan for a full formal review before it goes live. It does indeed reduce transaction size (and therefore fees) by about 80%.

To add, for anyone interested in Bulletproofs & fees, see:

https://getmonero.org/2017/12/11/A-note-on-fees.html

Thank you dEBRUYNE, this was well worth the read. Do you know if the testnet with Bulletproofs is far off as mentioned here?

The single-output Bulletproofs are currently live on testnet. However, Bulletproofs in general will not be live on mainnet until, probably, September this year, as we want to have them properly audited, i.e., check whether the code matches the math in the paper, check whether there are no "coin-killer" bugs in there, and more generally extend the time how long it has been out there (the paper is only a few months old).
jr. member
Activity: 57
Merit: 2
Ælf/XMR Enthusiast
Does anyone know anything about the upcomming Bulletproof release? It hasn't been validated just yet, but I heard from a friend that there may be a fee reduction of 84%? Would be great!

Bulletproofs are under development but there is no specific release scheduled yet. The technology is very new and the math/cryptography team is still coming up with improvements, scrutinizing it for weaknesses, etc. There is a plan for a full formal review before it goes live. It does indeed reduce transaction size (and therefore fees) by about 80%.

To add, for anyone interested in Bulletproofs & fees, see:

https://getmonero.org/2017/12/11/A-note-on-fees.html

Thank you dEBRUYNE, this was well worth the read. Do you know if the testnet with Bulletproofs is far off as mentioned here?
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