Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 918. (Read 4671920 times)
It might take a little while to see... but prepare to behold what anti-fragile looks like.
Sorry for posting in this thread but XMR holders are smart! I love XMR
However I also have some BBR I want to withdraw from Poloniex. They do not offer a web wallet and I am not sure how long it would take me to set up a paper wallet to withdraw to directly without downloading the GUI first to create one. Can anyone tell me if the official BBR GUI is safe from malware etc?
My malware software cant find a problem but Firefox warns me when I download it. Thanks for any advice!
However I also have some BBR I want to withdraw from Poloniex. They do not offer a web wallet and I am not sure how long it would take me to set up a paper wallet to withdraw to directly without downloading the GUI first to create one. Can anyone tell me if the official BBR GUI is safe from malware etc?
My malware software cant find a problem but Firefox warns me when I download it. Thanks for any advice!
dude, I have no idea. You could sell your BBR for monero, and then we know what to do.
How does Monero fare in the blocksize debate that's currently going on with Bitcoin? Is a 1mb cap going to be an issue?
No, Monero has no block size limit and a fee that scales with the transaction, so issues like block size and attacking the network with dust are irrelevant. This is one of the core reasons why I have realized Monero truly is "Bitcoin 2".
Sweet, I didn't know that was even possible.
How does Monero fare in the blocksize debate that's currently going on with Bitcoin? Is a 1mb cap going to be an issue?
No, Monero has no block size limit and a fee that scales with the transaction, so issues like block size and attacking the network with dust are irrelevant. This is one of the core reasons why I have realized Monero truly is "Bitcoin 2".
Sweet, I didn't know that was even possible.
Sorry for posting in this thread but XMR holders are smart! I love XMR
However I also have some BBR I want to withdraw from Poloniex. They do not offer a web wallet and I am not sure how long it would take me to set up a paper wallet to withdraw to directly without downloading the GUI first to create one. Can anyone tell me if the official BBR GUI is safe from malware etc?
My malware software cant find a problem but Firefox warns me when I download it. Thanks for any advice!
However I also have some BBR I want to withdraw from Poloniex. They do not offer a web wallet and I am not sure how long it would take me to set up a paper wallet to withdraw to directly without downloading the GUI first to create one. Can anyone tell me if the official BBR GUI is safe from malware etc?
My malware software cant find a problem but Firefox warns me when I download it. Thanks for any advice!
It would actually be great to see some volume shift to new exchanges, which is why I see this as win-win. Poloniex is growing up and Monero is growing up with it. I expect Polo to remain XMR's dominant exchange, but if not, it's still good news.
I really don't see much trade volume leaving Poloniex. I'd guess the majority of its users can still trade comfortably within the "Level 1 Verification" requirements and not have to give away any meaningful information.
However, the introduction of margin trading will most likely be a positive thing for XMR. We're also getting closer to seeing a USD/XMR trading pair.
However, the introduction of margin trading will most likely be a positive thing for XMR. We're also getting closer to seeing a USD/XMR trading pair.
Maybe smaller accounts will be fine but then there goes the liquidity and support from the larger holders moving elsewhere. It's a possibility nonetheless. No one knows how it will affect the markets in the next couple of days. All we have to go on right now is the 35k dumped thus far and knowing that people have until the 20th to get their coins off. Hard to really get a gauge on what the order books would look like if you lose the largest players providing the majority of liquidity.
It my view it might have the opposite effect. Large holders want to be safe in their dealing and activities, and KYC is safer than a regular crypto exchange without it.
Large holders would probably stay and the same for small holders, but the "medium" guys or the ones smack dab in the middle might leave(Since the max withdrawal limit is $2k per day with the basic identity info).
I love how these are like the only terms and conditions in the history of the world that people are actually reading. 
Everything about Monero is being hyper scrutinized, except our transactions
I really don't see much trade volume leaving Poloniex. I'd guess the majority of its users can still trade comfortably within the "Level 1 Verification" requirements and not have to give away any meaningful information.
However, the introduction of margin trading will most likely be a positive thing for XMR. We're also getting closer to seeing a USD/XMR trading pair.
However, the introduction of margin trading will most likely be a positive thing for XMR. We're also getting closer to seeing a USD/XMR trading pair.
Maybe smaller accounts will be fine but then there goes the liquidity and support from the larger holders moving elsewhere. It's a possibility nonetheless. No one knows how it will affect the markets in the next couple of days. All we have to go on right now is the 35k dumped thus far and knowing that people have until the 20th to get their coins off. Hard to really get a gauge on what the order books would look like if you lose the largest players providing the majority of liquidity.
If there is demand for liquidity then compliant suppliers will arrive to serve that demand.
However, it is possible that trading shifts to other exchanges.
Quote
causes beyond its reasonable control, including but not limited to acts of God
LOL
Is that in the terms and conditions?
yes,
under 27. FORCE MAJEURE
I love how these are like the only terms and conditions in the history of the world that people are actually reading.
I really don't see much trade volume leaving Poloniex. I'd guess the majority of its users can still trade comfortably within the "Level 1 Verification" requirements and not have to give away any meaningful information.
However, the introduction of margin trading will most likely be a positive thing for XMR. We're also getting closer to seeing a USD/XMR trading pair.
However, the introduction of margin trading will most likely be a positive thing for XMR. We're also getting closer to seeing a USD/XMR trading pair.
Maybe smaller accounts will be fine but then there goes the liquidity and support from the larger holders moving elsewhere. It's a possibility nonetheless. No one knows how it will affect the markets in the next couple of days. All we have to go on right now is the 35k dumped thus far and knowing that people have until the 20th to get their coins off. Hard to really get a gauge on what the order books would look like if you lose the largest players providing the majority of liquidity.
Is Poloniex going to open fiat markets?
I really don't see much trade volume leaving Poloniex. I'd guess the majority of its users can still trade comfortably within the "Level 1 Verification" requirements and not have to give away any meaningful information.
However, the introduction of margin trading will most likely be a positive thing for XMR. We're also getting closer to seeing a USD/XMR trading pair.
However, the introduction of margin trading will most likely be a positive thing for XMR. We're also getting closer to seeing a USD/XMR trading pair.
Quote
causes beyond its reasonable control, including but not limited to acts of God
LOL
Is that in the terms and conditions?
yes,
under 27. FORCE MAJEURE
How does Monero fare in the blocksize debate that's currently going on with Bitcoin? Is a 1mb cap going to be an issue?
There is no hard blocksize cap in Monero and other Cryptonotes, so this shouldn't be an issue. Cryptonotes implement a coinbase reward penalty if the blocksize is larger than the median of the last 'x' number of blocks, but there's no hard limit.
Monero stands to gain considerably from any disruption of Bitcoin over the 1MB limit.
Quote
causes beyond its reasonable control, including but not limited to acts of God
LOL
Is that in the terms and conditions?
It is a trade term, commonly used in the T&Cs to represent a certain list of calamities.
It seems that the new requirements they ask are very mild for those who were anyway intending to be compliant. For those who did not intend such, it was ridiculous to assume that their funds would be safe in any exchange, especially one based in the U.S. So, objectively this was fully expected, and is implemented reasonably.
BUT: The 2 days withdrawal period is a joke, and there will never be enough coins in the hotwallet, all the people trying to withdraw will experience a nonperformance, will need to file a ticket, the 2 days period will end, then endless hours will be consumed in sorting out the tickets and whether the KYC will be required regarding them or not, causing very much bad feelings.
Perhaps the listing of CKG in Poloniex will keep the XMR trading there alive
BUT: The 2 days withdrawal period is a joke, and there will never be enough coins in the hotwallet, all the people trying to withdraw will experience a nonperformance, will need to file a ticket, the 2 days period will end, then endless hours will be consumed in sorting out the tickets and whether the KYC will be required regarding them or not, causing very much bad feelings.
Perhaps the listing of CKG in Poloniex will keep the XMR trading there alive
Quote
causes beyond its reasonable control, including but not limited to acts of God
LOL
Is that in the terms and conditions?
Oh it's not that bad. All I had to do was put in a phone #, it could be temporary, and address and you can withdraw.
i just dont like all that talk about crosschecking us against databases. gives me the creeps. ill just use shapeshift.io if i want to buy more in future.
Oh it's not that bad. All I had to do was put in a phone #, it could be temporary, and address and you can withdraw.
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