Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 465. (Read 4671575 times)

Yep... ^^^^^

dont import. just sync from network.

The targeted victims don't know what Monero is either.

Those hackers will smarten up over time. Just a matter of when.

Yeah I've been watching and decided to buy in today and I'll keep buying a few coins every day over th3e next few months. I'll check back then and let you guys know what my average is.

Plenty of people have done exactly that and made a lot of profit. Like it or not, speculation is an important factor in any altcoin's evolution. But yes, this kind of chat belongs in the other thread.

I will make two points:

1. This question is probably better off in the Monero speculation thread.

2.  You should not buy any altcoin solely as an investment. Do you understand how Monero works and what value using it can provide? If you cannot answer those basic questions, then don't buy Monero.

Hi Guys

New to Monero.
It seems to take ages to get synced with the blockchain on OSX.
How do I get the blockchain.raw file imported?
The log is:
2016-Nov-29 17:57:41.969689 Starting...
2016-Nov-29 17:57:41.969801 Setting log level = 0
2016-Nov-29 17:57:41.969855 database: lmdb
2016-Nov-29 17:57:41.969874 database flags: 0
2016-Nov-29 17:57:41.969889 verify:  true
2016-Nov-29 17:57:41.969905 batch:   true  batch size: 5000
2016-Nov-29 17:57:41.969925 resume:  true
2016-Nov-29 17:57:41.969941 testnet: false
2016-Nov-29 17:57:41.969955 bootstrap file path: /Users//.bitmonero/export/blockchain.raw
2016-Nov-29 17:57:41.969975 database path:       /Users//.bitmonero
2016-Nov-29 17:57:41.981781 Loading blockchain from folder /Users//.bitmonero/lmdb ...
2016-Nov-29 17:57:54.167175 Blockchain initialized. last block: 86098, d898.h9.m26.s55 time ago, current difficulty: 397963397
2016-Nov-29 17:57:54.167746 WARNING: batch transaction mode already enabled, but asked to enable batch mode
2016-Nov-29 17:57:54.180658 bootstrap file recognized
2016-Nov-29 17:57:54.180736 bootstrap file v0.1
2016-Nov-29 17:57:54.180767 bootstrap magic size: 4
2016-Nov-29 17:57:54.180795 bootstrap header size: 1024
2016-Nov-29 17:57:54.180815 Scanning blockchain from bootstrap file...
                                   
Done scanning bootstrap file
Full header length: 1028 bytes
Scanned for blocks: 37530899 bytes
Total:              37531927 bytes
Number of blocks: 33336

2016-Nov-29 17:58:16.183728 bootstrap file last block number: 33335 (zero-based height)  total blocks: 33336

Preparing to read blocks...

2016-Nov-29 17:58:16.183875 bootstrap file recognized
2016-Nov-29 17:58:16.183899 bootstrap file v0.1
2016-Nov-29 17:58:16.183916 bootstrap magic size: 4
2016-Nov-29 17:58:16.183932 bootstrap header size: 1024
2016-Nov-29 17:58:16.183954 start block: 86099  stop block: 33335
2016-Nov-29 17:58:20.236163 Reading blockchain from bootstrap file...

2016-Nov-29 17:58:21.318041 End of file reached
2016-Nov-29 17:58:21.318123 Number of blocks imported: 0
2016-Nov-29 17:58:21.318142 Finished at block: 33335  total blocks: 33336

2016-Nov-29 17:58:21.330943 Closing IO Service.
2016-Nov-29 17:58:23.155083 Loading blockchain from folder /Users//.bitmonero/lmdb ...
2016-Nov-29 17:58:25.891292 Blockchain initialized. last block: 86117, d898.h8.m57.s37 time ago, current difficulty: 402240307
2016-Nov-29 17:58:25.891840 WARNING: batch transaction mode already enabled, but asked to enable batch mode
2016-Nov-29 17:58:25.905728 bootstrap file recognized
2016-Nov-29 17:58:25.905797 bootstrap file v0.1
2016-Nov-29 17:58:25.905830 bootstrap magic size: 4
2016-Nov-29 17:58:25.905858 bootstrap header size: 1024
2016-Nov-29 17:58:25.905892 Scanning blockchain from bootstrap file...
                                   
Done scanning bootstrap file
Full header length: 1028 bytes
Scanned for blocks: 37530899 bytes
Total:              37531927 bytes
Number of blocks: 33336

2016-Nov-29 17:58:28.375029 bootstrap file last block number: 33335 (zero-based height)  total blocks: 33336

Preparing to read blocks...

2016-Nov-29 17:58:28.375100 bootstrap file recognized
2016-Nov-29 17:58:28.375122 bootstrap file v0.1
2016-Nov-29 17:58:28.375137 bootstrap magic size: 4
2016-Nov-29 17:58:28.375152 bootstrap header size: 1024
2016-Nov-29 17:58:28.375168 start block: 86118  stop block: 33335
2016-Nov-29 17:58:28.886609 Reading blockchain from bootstrap file...

2016-Nov-29 17:58:28.979052 End of file reached
2016-Nov-29 17:58:28.979145 Number of blocks imported: 0
2016-Nov-29 17:58:28.979161 Finished at block: 33335  total blocks: 33336

2016-Nov-29 17:58:28.979180 Closing IO Service.
logout
Saving session...
...copying shared history...
...saving history...truncating history files...
...completed.

[Proces voltooid]

No idea, really. My comment "better safe than sorry" is based on the simple fact that *if* the SD card wears out you can easily replace it. If the phone's internal flash wears out your phone is toast.

If you don't mind holding for 6 months  then buy if you expect  quick returns then your just gambling. I have been grabbing some in the dips as I was divested when the spike hit but I know it will never drop back to those prices so am just trying to get some in the dips as I said. I know it will still be a long road to adoption but this is not a fly by night project, it has legs and will be around for years to come unless the crypto gets broken which is not in the immediate future. BTW anyone that has followed my advice is in profit.

It will probably be easier to trust your own research than the opinions of strangers on the internet.

Start with the cryptonote whitepaper, then check out getmonero.org to see what makes Monero different and if it's something you want to be involved in. If you're still not sure, then you probably shouldn't be throwing money at it.

Thanks for the advice man. But its hard to take your word for it because your already long on it and in profit I assume.

I'll wait to get more advice and see where I can go from there.

As someone who has been long on XMR for quite some time, I would say, yes, it's absolutely a good investment for "later". However. Anything can change, this is a new realm. Point was, I am still buying.


Edit - have been using the compiled linux gui a bit, found a bug once, but it's shaping up to be a good release in the end, everything worked for me except  a few minor bugs. Feeling pretty confident about things overall.

Cheers!

Edit 2 - This is NOT investment advice, merely opinion!

So now that xmr is a serious coin would you guys recommend holding it in my portfolio for later in life or did it just have its minute of fame and its going to die like ltc did.

Just wondering.

Thanks for the info. We can only hope that the feature will be incorporated from the get-go since security is paramount. I personally believe that the GUI is a catalyst to increased adoption and therefore the value of XMR. All the more reason to have a secure wallet for such an eventuality.

I was researching the use of Monero on phones and I read this:
"I suggest you use an sd card. You don't want DB ops to burn out your internal flash."
http://monero.stackexchange.com/questions/2702/is-it-possible-to-run-a-full-monerod-node-on-android/2706
How badly does Monero's lmdb operations put wear on the flash?
I'm using Monero on a chromebook with an SSD right now.  I mean, SSD is the recommended technology, from what I've read.
Does the flash in a cellphone withstand fewer write cycles than a laptop SSD?

I don't think it does. However, moneromooo wrote this functionality into monero-wallet-cli a while ago, Wait, I don't seem to see it on the help menu. Maybe it never got merged. I have no idea which version I'm using. Damnit, my build computer is offline so I can't check.

Long story short, the code is there. Maybe Jacquee (second dev funded with donatings for GUI) can get this functionality working after daemon control is integrated into the GUI.

What has it got to do with my inquiry? Why don't you go play marbles in your mommy's backyard instead?

It looks like...


 

Does the GUI have an offline/cold wallet with an offline transaction signing feature/functionality à la Armory? If it does, it's gonna be a super-winner. I just saw a video preview of the GUI; already looks awesome:

https://www.youtube.com/watch?v=-n5azwzhwiA

So where is everyone pulling from to be the most accurate?
Nevermind I fixed the problem. Let me know if you guys see anything else.