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Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 956. (Read 4670673 times)

legendary
Activity: 1512
Merit: 1012
Still wild and free
Bytecoin still not shown as premine, it's a shame because it's the most scammy of all.

legendary
Activity: 1750
Merit: 1036
Facts are more efficient than fud
Go to coinmarketcap, filter non-mineable and premined, something different?  Kiss

All you had to do is line up the facts and ask, apparently. Glad they did the right thing.
legendary
Activity: 1449
Merit: 1001
Go to coinmarketcap, filter non-mineable and premined, something different?  Kiss

yup Smiley   
hero member
Activity: 672
Merit: 500
Go to coinmarketcap, filter non-mineable and premined, something different?  Kiss
hero member
Activity: 658
Merit: 503
Monero Core Team
David is actually probably a rather qualified individual to talk with BFX. Aside from great character and proficiency of this space's nuances, it probably helps that Raphael and David are fellow Frenchmen.
Lol.  I wish I had saved the logfile of the conversation I had with him.  I strung him along for like 30 minutes.
I shall have them. PM me if interested.

It might offend the solipsists.
Little do solipsists know, Socrates was the OG of solipsism Smiley

Edit: “The only true wisdom is in knowing you know nothing.”
Descartes is usually credited for popularizing solipsism with his famous "cogito ergo sum" ("I think therefore I am").

Regarding the "kill-switch" for mining hardware, the answer is 3D printing with open-source blueprints, such as physible. I can even imagine using maelstrom to download an open-source blueprints. Using a decentralised technology (bitorrent) to create decentralised devices (3D printed miners) for obtaining decentralised cryptocurrency (Monero). Neat.

Please visit http://commons.xmr.biz/ and provide some feedback, so I know what is requested and how to improve.
Great initiative!

XMR Logo PSD file + pngs
http://www48.zippyshare.com/v/IuPzJjGs/file.html

Luke, Monero Mascot PSD (I have no idea what license this one has though, you'd have to ask hitbtc):
http://www88.zippyshare.com/v/EI8qoNkE/file.html
Branding logo: http://monero.cc/downloads/resources/branding.zip

The only info on the viewkey I can find is on the MEW site--is there more info available yet? Or did I miss something on the main site? A good ELI2.5 would be good to counter attack xdrkdashians.
http://fr.slideshare.net/getmonero/monero-next-step-en-46579074/6 may help.

The "glitch" in the obfuscated miner was fixed extremely fast (by NoodleDoodle, one of the core team members), a lot faster than most people remember. At the time it was a pretty big deal.[...]
I updated History of Monero accordingly (still a lot of work to do on this one).

I remember that NoodleDoodle was hesitant to release what had become "his" miner (just a couple of parenthesis to be removed) because he was not sure this tweak did not have unintended consequences - we eventually decided to release what maybe was a broken miner (turns out it was the opposite, a better miner). This shows how naive we still were about the possibility of a crippled miner Smiley.

so the question is at what point does any cryptocurrency become a stable store of value to begin attracting those that are trying to avoid the negative interest rates that are besetting contemporary finance? I'm assuming its merely a measure of time - but how much time? and how much stability?

And it will be interesting if bitcoin can maintain its value as this fungibility thing plays out.
I recently read on IRC that chances are good that Bitcoin will stay in the 200 dollars range for one more year. This would be exactly what we need (and for Monero too, by the way - volatility is for parasitic traders, stability is for those who actually do something with money). Fluffypony recently said that he believes that since it is fairly distributed and dev do not have a large stash, the way to make money with Monero is by developing services around it. And this is exactly what I am doing (and why I am not that present recently - setting up a company takes times, money and energy).

don't quote.
Exactly. I ignored blockafett and primer- but still have to suffer the replies.

I really feel for this community in the same ways I do for the human beans that help build Ubuntu, etc.



Thank you (again) Smiley
After reading this post, I stumbled upon a French text (English version) which blew my mind regarding how great ubuntu (the philosophical notion) is.

in a week price down of 40% - why?

Not as much growth in the "posable gmaxwell doll" sector as we expected. Someone should fire the VP of Marketing and replace him with someone with a man like Primer- who really knows what this industry needs.
Speaking of... haven´t seen David in a while, is he off on vacation?
I suppose "Speaking of" relates to "VP of Marketing" Smiley

I'm setting up a company focusing on increasing usefulness of cryptocurrency (and particularly Monero) for legal persons (companies, NGO...) worldwide. It takes a lot of time, as you can imagine. This is also one of the few things I know that evolves faster than a cryptocurrency. And for Monero birthday, I was presenting cryptocurrencies at a French event. Expect more to happen later. If you own a company or hold an position of influence in one and are curious about what we offer, you can PM me.

Also, I'm preparing a Monero meetup in Paris, in partership with... Mozilla! https://forum.getmonero.org/14/events/277/monero-meetup-paris-france-may-21th-2015
https://plus.google.com/events/cv85079ug4ijrc0o6uc46b1i3jg
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
typed in the address pointed out here: http://www.reddit.com/r/Monero/comments/33waz3/ive_never_used_cryptocurrenciesknow_much_about/

so why not share
Code:
47mfwjL8L95HJUj6iXUmdUe3K63brRcxrWKqeiPVLKosjYPQdfzqWFFStjL2mtEzNsX1fisa4W1SwZLHsiZPWdFe5UpBF7s

it pulls 260 KH/s right now and is close to 50% of the pool http://cryptmonero.com

what do you think how many pc's running? 5000? infected i estimate about 10-15k. what do you think, more?



I think the pool should redirect all funds from that address to either to a burn address or the dev fund. And the malware should be copied and setup on a system to monitor the botnet.

Nice way to steal coins from a big miner. Post something claiming that address infected your computer.

Is it true? I don't know, it could be, but still you can't act on this information or many future reports will certainly not be true.

People need to secure their own computers. It could also be someone using one of the cloud computing exploits. Again, the cloud computing providers need to secure their system better. (Often they don't as an explicit business decision.)

Malware analysis would be the determining factor not someones post, I thought that would be obvious. I post rather lazily most of the time.

I also see no reason why the DEV team could not work closely with security companies to forward addresses to pools after verification. That might be a nice step toward removing bot nets. But of course that would lower hashrate and thus security of the chain. So...
sr. member
Activity: 350
Merit: 250
typed in the address pointed out here: http://www.reddit.com/r/Monero/comments/33waz3/ive_never_used_cryptocurrenciesknow_much_about/

so why not share
Code:
47mfwjL8L95HJUj6iXUmdUe3K63brRcxrWKqeiPVLKosjYPQdfzqWFFStjL2mtEzNsX1fisa4W1SwZLHsiZPWdFe5UpBF7s

it pulls 260 KH/s right now and is close to 50% of the pool http://cryptmonero.com

what do you think how many pc's running? 5000? infected i estimate about 10-15k. what do you think, more?



I think the pool should redirect all funds from that address to either to a burn address or the dev fund. And the malware should be copied and setup on a system to monitor the botnet.

That's drastic and premature. I concur with what smooth wrote.

And they will end just creating a pool for themselves, there is nothing we can do about it, in the same way vile and despicable characters are part of the "real world" economy, but with cryptocurrency we can at least solve some of the big problems. Smart mining will help.
full member
Activity: 231
Merit: 100
typed in the address pointed out here: http://www.reddit.com/r/Monero/comments/33waz3/ive_never_used_cryptocurrenciesknow_much_about/

so why not share
Code:
47mfwjL8L95HJUj6iXUmdUe3K63brRcxrWKqeiPVLKosjYPQdfzqWFFStjL2mtEzNsX1fisa4W1SwZLHsiZPWdFe5UpBF7s

it pulls 260 KH/s right now and is close to 50% of the pool http://cryptmonero.com

what do you think how many pc's running? 5000? infected i estimate about 10-15k. what do you think, more?



I think the pool should redirect all funds from that address to either to a burn address or the dev fund. And the malware should be copied and setup on a system to monitor the botnet.

That's drastic and premature. I concur with what smooth wrote.
legendary
Activity: 2968
Merit: 1198
typed in the address pointed out here: http://www.reddit.com/r/Monero/comments/33waz3/ive_never_used_cryptocurrenciesknow_much_about/

so why not share
Code:
47mfwjL8L95HJUj6iXUmdUe3K63brRcxrWKqeiPVLKosjYPQdfzqWFFStjL2mtEzNsX1fisa4W1SwZLHsiZPWdFe5UpBF7s

it pulls 260 KH/s right now and is close to 50% of the pool http://cryptmonero.com

what do you think how many pc's running? 5000? infected i estimate about 10-15k. what do you think, more?



I think the pool should redirect all funds from that address to either to a burn address or the dev fund. And the malware should be copied and setup on a system to monitor the botnet.

Nice way to steal coins from a big miner. Post something claiming that address infected your computer.

Is it true? I don't know, it could be, but still you can't act on this information or many future reports will certainly not be true.

People need to secure their own computers. It could also be someone using one of the cloud computing exploits. Again, the cloud computing providers need to secure their system better. (Often they don't as an explicit business decision.)
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
typed in the address pointed out here: http://www.reddit.com/r/Monero/comments/33waz3/ive_never_used_cryptocurrenciesknow_much_about/

so why not share
Code:
47mfwjL8L95HJUj6iXUmdUe3K63brRcxrWKqeiPVLKosjYPQdfzqWFFStjL2mtEzNsX1fisa4W1SwZLHsiZPWdFe5UpBF7s

it pulls 260 KH/s right now and is close to 50% of the pool http://cryptmonero.com

what do you think how many pc's running? 5000? infected i estimate about 10-15k. what do you think, more?



I think the pool should redirect all funds from that address to either to a burn address or the dev fund. And the malware should be copied and setup on a system to monitor the botnet.
donator
Activity: 1722
Merit: 1036
so the question is at what point does any cryptocurrency become a stable store of value to begin attracting those that are trying to avoid the negative interest rates that are besetting contemporary finance? I'm assuming its merely a measure of time - but how much time? and how much stability?

When I win the lottery and start buying in.

Seriously, though, it'll probably be once the monetary inflation of bitcoin drops significantly lower than most fiat currencies'.

You think so though?

I always had thought that it would take a significant increase in liquidity to become even close to stable, on the route that the ability to remain stabilized would require both an incredible price as well as the ability to encompass the collective wealth of all involved.

So, for the currency to be stable within, say, 1%, then no less than 1% of the total marketcap needs to be within +/- 1% of the price, while factoring something relating to the userbase that would be looking to trade in that 1%.

So for a currency worth 5 billion, and a price of 100$ for a unit, between the price of 99$ to 101$, i'd be looking for $50 million to be ready to go in that range for either sale or purchase. This isn't factoring a scale relating to having less available at market prices and having more available at trading prices.

I'm probably off base a bit, never really studied much economics, but have wondered what stability would look like on the charts.

I have studied Economics Major. Stability can be:
- exchange rate stability
- price stability
- neither.

In the latter part of 1800s, exchange rates were fixed (each country's currency was just a differing weight of gold). Prices fluctuated a lot based on natural events, but had an overall declining trend based on productivity increases and expansion of trade.

Now, exchange rates change widely, even big countiers' currencies (USA; EU; Russia; Japan; China) are allowed to fluctuate by up to 100% per year against each other. This does not make prices stable, however. Some contractual prices are more sticky than the others (wages denominated in own currency), giving the impression of stability where nothing exist.

The prices have never been stable. We should not think that it could be possible in cryptoeconomy either. The whole goal is absurd and should be rejected.

sr. member
Activity: 453
Merit: 500
hello world
typed in the address pointed out here: http://www.reddit.com/r/Monero/comments/33waz3/ive_never_used_cryptocurrenciesknow_much_about/

so why not share
Code:
47mfwjL8L95HJUj6iXUmdUe3K63brRcxrWKqeiPVLKosjYPQdfzqWFFStjL2mtEzNsX1fisa4W1SwZLHsiZPWdFe5UpBF7s

it pulls 260 KH/s right now and is close to 50% of the pool http://cryptmonero.com

what do you think how many pc's running? 5000? infected i estimate about 10-15k. what do you think, more?

legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
All back up:)

The Galera cluster had a bit of a cascading failure due to disk space issues (logging got out of control and log-rotate setup was faulty), so the API couldn't satisfy queries. Of course, this happens in the dead of night whilst I'm asleep

If, at some point, we can afford support staff in different time zones we can alleviate the risk of this happening. If it is ever super urgent, and I am asleep, all of the core team have my mobile phone number and can call me till I wake up.

What, you expect to be allowed to sleep ONCE a day! !@#$@@$

On a side note:
https://addons.mozilla.org/en-US/firefox/addon/bitcoin-price-ticker/reviews/702904/
G2M
sr. member
Activity: 280
Merit: 250
Activity: 616
so the question is at what point does any cryptocurrency become a stable store of value to begin attracting those that are trying to avoid the negative interest rates that are besetting contemporary finance? I'm assuming its merely a measure of time - but how much time? and how much stability?

When I win the lottery and start buying in.

Seriously, though, it'll probably be once the monetary inflation of bitcoin drops significantly lower than most fiat currencies'.

You think so though?

I always had thought that it would take a significant increase in liquidity to become even close to stable, on the route that the ability to remain stabilized would require both an incredible price as well as the ability to encompass the collective wealth of all involved.

So, for the currency to be stable within, say, 1%, then no less than 1% of the total marketcap needs to be within +/- 1% of the price, while factoring something relating to the userbase that would be looking to trade in that 1%.

So for a currency worth 5 billion, and a price of 100$ for a unit, between the price of 99$ to 101$, i'd be looking for $50 million to be ready to go in that range for either sale or purchase. This isn't factoring a scale relating to having less available at market prices and having more available at trading prices.

I'm probably off base a bit, never really studied much economics, but have wondered what stability would look like on the charts.
hero member
Activity: 500
Merit: 500
... If it is ever super urgent, and I am asleep, all of the core team have my mobile phone number and can call me till I wake up.

oh!  Shocked

Take care of your health and switch off the phone when you sleep.
MyMonero unavailability isn't pleasant but it can wait for a few hours.

Thats why you should never trust a webwallet, its your own fault, sorry for your loss Tongue

For the critical cases, MyMonero can be used in parallel with simplewallet. So no risk of losing control of your xmr.
legendary
Activity: 1762
Merit: 1011
so the question is at what point does any cryptocurrency become a stable store of value to begin attracting those that are trying to avoid the negative interest rates that are besetting contemporary finance? I'm assuming its merely a measure of time - but how much time? and how much stability?

When I win the lottery and start buying in.

Seriously, though, it'll probably be once the monetary inflation of bitcoin drops significantly lower than most fiat currencies'.
donator
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
All back up:)

The Galera cluster had a bit of a cascading failure due to disk space issues (logging got out of control and log-rotate setup was faulty), so the API couldn't satisfy queries. Of course, this happens in the dead of night whilst I'm asleep

If, at some point, we can afford support staff in different time zones we can alleviate the risk of this happening. If it is ever super urgent, and I am asleep, all of the core team have my mobile phone number and can call me till I wake up.
sr. member
Activity: 350
Merit: 250
Not sure this is the acceptation way to handle this. The web wallet is operated by a Core member. If we cannot trust that site, we might as well not be able to trust the operator. Im sure its just a hick up and will be good shortly, but should be taken pretty serious non the less.

I think this is a small hick up too but we need to be realistic, first thing I did after creating my wallet there was read the terms of service and it says it can go down and never up again at any time for whatever reason, I dont say this to create suspicions, I think fufflypony has a perfect record in this regard. But its how these things works, we can only trust in the p2p network. Besides the code to recover the funds from mymonero with the simplewallet is already in the github so there is really nothing to fear.
hero member
Activity: 994
Merit: 500
something wrong with mymonero



Mee too .... unable to login
tactical error, so we cant dump xmr.
lol

Thats why you should never trust a webwallet, its your own fault, sorry for your loss Tongue

Not sure this is the acceptation way to handle this. The web wallet is operated by a Core member. If we cannot trust that site, we might as well not be able to trust the operator. Im sure its just a hick up and will be good shortly, but should be taken pretty serious non the less.
sr. member
Activity: 350
Merit: 250
something wrong with mymonero



Mee too .... unable to login
tactical error, so we cant dump xmr.
lol

Thats why you should never trust a webwallet, its your own fault, sorry for your loss Tongue
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