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Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 669. (Read 4671660 times)

legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
sr. member
Activity: 337
Merit: 250
sr. member
Activity: 337
Merit: 250
The price is still higher than it was 5 days ago.

Monero is poised to go higher. I don't know when, but if you consider these points, it's looking very good for the long term (very important) and perhaps even the short-term (not as important, but nice)

  • It's the only major coin that's completely fungible, private, secure, decentralized, and untraceable.
  • The cryptology behind it has been tested and proven. Indeed, it is under constant scrutiny from people/orgs, some of whom are desperately probing for fundamental weaknesses. After much testing, research, and use, it remains solid.
  • More companies and governments are becoming ever more intrusive into the details of our lives. As this continues, the need and demand for a truly private currency will grow.

Monero's poised to be poison for poor suckers who didn't sell yet. Real volume is around 30k. Still has a long way to crash. He who defects first defects best as saying goes. Be my guest and try catching falling poisoned knives on their way to 3-4 million market cap.

Insert cryptocurrency here ---> ____________ poised to be poison for poor suckers who didn't sell yet. Real volume is around 30k. Still has a long way to crash. He who defects first defects best as saying goes. Be my guest and try catching falling poisoned knives on their way to 3-4 million market cap.

People have been saying this shit for the last five years.

I dont suppose you have a brother named Derp?
full member
Activity: 227
Merit: 100
Well, it looks like I just found another idiot to ignore!

Actually, I can't tell if herp is really that stupid or not... I'll give him the benefit of the doubt and just consider him stupid. I have more respect for an idiot than someone who purposely spews this crap for his own benefit.
sr. member
Activity: 294
Merit: 250
The price is still higher than it was 5 days ago.

Monero is poised to go higher. I don't know when, but if you consider these points, it's looking very good for the long term (very important) and perhaps even the short-term (not as important, but nice)

  • It's the only major coin that's completely fungible, private, secure, decentralized, and untraceable.
  • The cryptology behind it has been tested and proven. Indeed, it is under constant scrutiny from people/orgs, some of whom are desperately probing for fundamental weaknesses. After much testing, research, and use, it remains solid.
  • More companies and governments are becoming ever more intrusive into the details of our lives. As this continues, the need and demand for a truly private currency will grow.

Monero's poised to be poison for poor suckers who didn't sell yet. Real volume is around 30k. Still has a long way to crash. He who defects first defects best as saying goes. Be my guest and try catching falling poisoned knives on their way to 3-4 million market cap.
hero member
Activity: 850
Merit: 1000
The price is still higher than it was 5 days ago.

Monero is poised to go higher. I don't know when, but if you consider these points, it's looking very good for the long term (very important) and perhaps even the short-term (not as important, but nice)

  • It's the only major coin that's completely fungible, private, secure, decentralized, and untraceable.
  • The cryptology behind it has been tested and proven. Indeed, it is under constant scrutiny from people/orgs, some of whom are desperately probing for fundamental weaknesses. After much testing, research, and use, it remains solid.
  • More companies and governments are becoming ever more intrusive into the details of our lives. As this continues, the need and demand for a truly private currency will grow.
sr. member
Activity: 294
Merit: 250
Selloff was expected after that rise... I shorted top and happy to have a much better position in XMR..... Bravo on the SDC bit, it speaks to the intelligence and brain power behind this team.

Expected by all but the poor suckers who bought into this organized hyperinflated pump the Monero devs orchestrated.

Who's gonna give them the lube to lubrify those sore assholes? Are you gonna tend to them?

If I were one of those poor smucks, I'd probably be looking into suing someone for defrauding investors.
hero member
Activity: 896
Merit: 1000
Avatars are overrated.
IMO the only reason you would have a computer like that is to run MASTERNODES which are about the equivalent security-wise to running a TOR EXIT NODE. But some people just like pyramid scams. Some people don't and would rather not go and blast their info all over a crypto network.

Please d not mix up TOR with DASH, that would be like to compare a good old Whiskey with a terrible Headache  Huh Shocked
It was a bad metaphor. But I couldn't/can't think of a more accurate way to dumb it down for herp derp.
legendary
Activity: 2268
Merit: 1141
Some interesting comments on reddit today that deserve a crosspost. The question was: Is Monero a get rich quick scheme?

Warz' answer:

Quote
If you have to ask this question, I'd argue that the answer is no, do not buy monero. Nobody knows the future of monero. It can succeed, and it can fail. Investing is risky and speculative. If you are looking for "get rich quick schemes" you are doing it wrong.

Instead learn about the technology behind monero and start to ponder which ways an anonymous crypto currency can impact the world. When you have done enough research and learned more perhaps you will feel confident to invest. Don't just be a sheep and jump onto something because people praise it, find out why they praise it.

Fluffypony's answer:

Quote
Some people don't like it when I'm overly pragmatic, but I think it's important that you understand the scenarios.

  • The most likely scenario is that Monero fails entirely, due to lack of funding / a major break in Curve25519 or some other cryptography / general apathy towards financial privacy.
  • The second-most-likely scenario is that Monero never has a meteoric rise in value because it has no fixed emission (from 2023 onwards it becomes slightly disinflationary, <1% inflation a year) and it never achieves more than niche usage.
  • A less likely scenario is that Monero does have a meteoric rise in value, not due to artificially limited emission, but due to some uptake in its use (ie. it is priced based on utility, not based on artificial scarcity).
  • Perhaps the least likely (at this stage anyway) is that Bitcoin flounders and collapses at a time when Monero has achieved a degree of maturity in its development, and there is an in-rush of former Bitcoin holders (well, those whose FOMO is greater than their fear that the tail emission will never make them "rich").

Given these scenarios, if you have limited funds I would advise that you DON'T buy any Monero. If you are not comfortable with the massive risk you are taking, then DON'T buy Monero. If you want to play around with Monero then DO buy a very small amount (I assume $10 wouldn't be too much of a hit).

If you have read up on all the aspects of Monero, and are completely familiar with and comfortable with the risks, then I would suggest taking a different strategy than sinking a large portion of your paycheck in: rather buy a little bit every month, but buy it consistently. If Monero evaporates you will have lost relatively little, if it stays somewhat stable you will have lost nothing, and if it has a meteoric rise your then-cheap stash will be worth substantially more.

However: if you choose to do the latter and buy some Monero to hold, remember that you are very much able to influence your investment's fate. If you expect to sit back and for Monero to magically rise, that is very unlikely to happen. If, however, you get involved and see what you can do to build up the burgeoning Monero economy, that is beneficial for you and for Monero. If you are not a developer, then you can still contribute content and fixed on the website - start by checking out the Monero community Trello board (/u/stefioan will help you with details, if you're interested).

https://www.reddit.com/r/Monero/comments/468qwv/is_monero_a_get_rich_quick_scheme/
sr. member
Activity: 462
Merit: 500
Selloff was expected after that rise... I shorted top and happy to have a much better position in XMR..... Bravo on the SDC bit, it speaks to the intelligence and brain power behind this team.
sr. member
Activity: 306
Merit: 251
Hey guys,

I use two devices for mining.
One with an AMD GPU + AMD A8 CPU. It's running Claymore GPU miner. It does take the main GPU + the CPU graphics.

My second mining device has a Nvidia GPU + i7 3630QM. The GPU is running ccminer.

My problem ist, that the second device does only use the main GPU and doesn't use the CPU graphics.


Anyone knows how I can get the CPU graphics running?

 
No miner supports internal cpu graphics as far as i know.

The claymore miner does.
It shows 2 GPU's
One with 2 GB Ram (the "real" GPU) and one with 2,7 GB Ram which must be the CPU graphics.


But the claymore one is for AMD only which means I can't run my Nvidia system on it.

You could run ccminer for your Nvidia GPU's  I have run it with two Nvidia card I have in a gaming machine.  Runs great and I get a good hash rate.  I have older card but still get a good hash rate per card around 250 H/s
sr. member
Activity: 306
Merit: 251
Herp what kind of name is that? Is it simplex 1 or 2?

Probably all the above.

Like every other troll you show up here spreading your filth like the ass hat you are.  Trolls always show up when good things are happening with Monero.

You know nothing about this coin, it history or where it is going, nor the good work being done by so many. Many of those folks get no compensation for their time. 

You claim the Dev's are somehow playing everyone, but I have followed this coin since almost the beginning and one of the main reasons I still am involved is there was no pre mine of this coin like so many other shit coins out there. From what I know your shit coin Dark/Dash was a pre-mine.  I think you are being played Herp by your own shit coin.

In my observations the Dev's have been honest and forth coming about what is going on.  I have also found the community here works together and does not come in and spread shit talk all over the place.  I have found the trolls that show up here are worried about Monero's future vs. the shit coin they support.

Herp you should look into One Coin its right up your alley.

Kindly piss off and go back to troll cave you came from.  Nobody gives a shit about you or your uneducated opinions on Monero.
 
hero member
Activity: 1308
Merit: 508
Hey guys,

I use two devices for mining.
One with an AMD GPU + AMD A8 CPU. It's running Claymore GPU miner. It does take the main GPU + the CPU graphics.

My second mining device has a Nvidia GPU + i7 3630QM. The GPU is running ccminer.

My problem ist, that the second device does only use the main GPU and doesn't use the CPU graphics.


Anyone knows how I can get the CPU graphics running?

 
No miner supports internal cpu graphics as far as i know.

The claymore miner does.
It shows 2 GPU's
One with 2 GB Ram (the "real" GPU) and one with 2,7 GB Ram which must be the CPU graphics.


But the claymore one is for AMD only which means I can't run my Nvidia system on it.
legendary
Activity: 1449
Merit: 1001
Hey guys,

I use two devices for mining.
One with an AMD GPU + AMD A8 CPU. It's running Claymore GPU miner. It does take the main GPU + the CPU graphics.

My second mining device has a Nvidia GPU + i7 3630QM. The GPU is running ccminer.

My problem ist, that the second device does only use the main GPU and doesn't use the CPU graphics.


Anyone knows how I can get the CPU graphics running?

 
No miner supports internal cpu graphics as far as i know.
legendary
Activity: 1750
Merit: 1101
karbo.io
Maybe Claymore's miner doesn't work with intel graphics.
hero member
Activity: 1308
Merit: 508
Hey guys,

I use two devices for mining.
One with an AMD GPU + AMD A8 CPU. It's running Claymore GPU miner. It does take the main GPU + the CPU graphics.

My second mining device has a Nvidia GPU + i7 3630QM. The GPU is running ccminer.

My problem ist, that the second device does only use the main GPU and doesn't use the CPU graphics.


Anyone knows how I can get the CPU graphics running?

 
sr. member
Activity: 294
Merit: 250
Was I right yesterday or what? Monero went to the crapper. It was fake volume and arranged pump all along. It wasn't an organic move up based on real buyers doing real buying.

Monero's not ready for prime time yet. The wallets are not working out of the box. Tested their lite wallet the other day. Didn't work.

The market cap should be somewhere around 4-5mil tops maybe lower.
legendary
Activity: 1008
Merit: 1001
Where can I download the Monero wallet from? I could only find a web wallet. Needless to say web wallets are as secure as horse shit.

https://getmonero.org/downloads/

Trying to run the windows wallet but won't work. Any ideas why?

Error message? Screenshot? (redact any personal data of course)

Nevermind, my bad. It seems it doesn't work on 32 bit windows Sad

Coming SoonTM, I believe. Use the web wallet for non-life changing amounts in the meantime.

Thanks but guess I'll stick to Dash. They have two cool types of windows wallets. Electrum and the standard one.
^^ now THAT is a bullcrap troll. And who still runs 32bit? luls. iCEBREAKER we found you a friend!

32 bit eats less resources and HDD space. I run it on my 128 GB SSD cold storage notebook which only has 4 GB of RAM. It's perfect for that.
LOL @ 4 gigs of ram

Why would I need more for a cold storage laptop?
The real question is, why do you need a dedicated cold storage laptop? You aren't staking. You don't have the resources to run multiple wallets efficiently. You aren't airgapped. You probably aren't even energy efficient if it is a laptop. IMO the only reason you would have a computer like that is to run MASTERNODES which are about the equivalent security-wise to running a TOR EXIT NODE. But some people just like pyramid scams. Some people don't and would rather not go and blast their info all over a crypto network.

Please d not mix up TOR with DASH, that would be like to compare a good old Whiskey with a terrible Headache  Huh Shocked
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
It has been a long time since I had enough time and energy to express my views on the trajectory and progress of XMR.  But today I wrote something I think suitable to the moment, and someone might find it encouraging in times to come, so I will cross-post it here, with apologies for any redundancy:

It is easy to take a triumphalist tone during the rips.  The real reward comes to those who can keep that flame burning through the dips.  In fact, I believe we are much, much nearer the bottom than the top, even now.

There really is, even now, almost two full years into the game, nothing real and present which can compare to the excellent qualities of XMR as digital currency, pure and simple.  Many innovative cryptocoins have introduced interesting technologies and economic models, but all of those features actually damage their ability to be used as currency.  Those that come closest in features fail in various and diverse ways such that their distant miniscule liquidity is a profound and persistent handicap.

I have always said that if a superior currency were to emerge, I would change my allegiance as circumstances dictated.  I see less and less likelihood of such an eventuality with each passing million USD of liquidity added to XMR.  No, this is not a pump and dump.  It is one tiny step, with leaps and bounds yet to come, and every inch of the way is hard fought, and every victory well-earned -- some paid for dearly. It is earned primarily by excellence in technology, and secured by honest and transparent dealings.

There are at least 20 trillions of USD in wealth held privately, away from prying eyes, extortionists, thieves, and kidnappers, which currently rely on very illiquid instruments, and some significant proportion of those trillions will need to pass through the eye of our little needle at some point.  I believe that our tiny trickle will be compelled to grow into a mighty torrent of liquidity, through many disruptive stages over several years.  And it has not begun but one ten thousandth of the way yet.

XMR technology continues a long methodical and responsible march towards a balance of those specific features required to function as an international fully distributed private currency, without counterparty risk, without vulnerability to the dictat of a central authority.  The management of such an enterprise is frought with pitfalls, as nearly every cryptocoins project has demonstrated. Yet the meritocratic grass-roots development regime of XMR has avoided these traps nimbly, with a lot of hard work, motivated by a vision of positive social value and of just and worthy personal reward deriving from that honest added value.  

I am encouraged and energized to be a small part of such an economy, and grateful for the opportunity to participate in some small way in the project of making the world a freer, safer, more just place for generations to come.
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