[XMR] Monero - A secure, private, untraceable cryptocurrency - page 97.

birr

hero member

Activity: 870

Merit: 585

Quote from: dEBRUYNE on May 11, 2019, 05:14:03 AM

People often like to purport that Monero will inevitably get banned. However, the new FinCEN guidance is basically inconsistent with that notion. From the CoinCenter article:

Quote

Section 4.5.3 states that exchanges are not per se banned from using privacy-preserving cryptocurrencies but will need to comply with the same BSA regulations they comply with for typical cryptocurrencies. We believe that this is possible. Exchanges need to know their customers but they do not have a black letter law requirement to know the customers of their customers. In other words, a bank needs to know who you are but they are not obligated to know the name and address of people that you pay using cash you withdraw from your account.

https://coincenter.org/entry/fincen-s-new-cryptocurrency-guidance-matches-coin-center-recommendations

Arguably, this is long-term bullish for Monero.

Now let's see if Coinbase is mensch enough to list our beloved Marilyn Monero. Ha ha, if only.

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

People often like to purport that Monero will inevitably get banned. However, the new FinCEN guidance is basically inconsistent with that notion. From the CoinCenter article:

Quote

Section 4.5.3 states that exchanges are not per se banned from using privacy-preserving cryptocurrencies but will need to comply with the same BSA regulations they comply with for typical cryptocurrencies. We believe that this is possible. Exchanges need to know their customers but they do not have a black letter law requirement to know the customers of their customers. In other words, a bank needs to know who you are but they are not obligated to know the name and address of people that you pay using cash you withdraw from your account.

https://coincenter.org/entry/fincen-s-new-cryptocurrency-guidance-matches-coin-center-recommendations

Arguably, this is long-term bullish for Monero.

herrdrone

sr. member

Activity: 633

Merit: 267

Quote from: dEBRUYNE on May 10, 2019, 08:29:57 AM

Quote from: herrdrone on May 09, 2019, 04:41:47 PM

As market start recovering and price increases, interest on monero start growing as google trends show: https://trends.google.com/trends/explore?q=%2Fm%2F0130q41b

Guess there is a possibility that Random X gets implemented on a very bullish market.

RandomX is set to be implemented in October (conditional on audits being completed successfully).

I like progress done on Random X so far, and last status update looks good: https://www.reddit.com/r/Monero/comments/bmybxn/randomx_status_update/

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

Quote from: herrdrone on May 09, 2019, 04:41:47 PM

As market start recovering and price increases, interest on monero start growing as google trends show: https://trends.google.com/trends/explore?q=%2Fm%2F0130q41b

Guess there is a possibility that Random X gets implemented on a very bullish market.

RandomX is set to be implemented in October (conditional on audits being completed successfully).

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: arlekin on May 10, 2019, 12:12:08 AM

why the price of Monero falls in Bitcoin, while the dollar price is almost in place. With the rise in Bitcoin prices, one would expect that the Monero price at least remained constant, rather than falling.

Normal when bitcoin is pumping.

We have a speculation thread for these questions btw. Wink

https://bitcointalksearch.org/topic/xmr-monero-speculation-753252

arlekin

jr. member

Activity: 55

Merit: 12

why the price of Monroe falls in Bitcoin, while the dollar price is almost in place. With the rise in Bitcoin prices, one would expect that the Monero price at least remained constant, rather than falling.

7jaka7

sr. member

Activity: 628

Merit: 276

BTC, ETH, XMR, LTC

Quote from: herrdrone on May 09, 2019, 04:41:47 PM

As market start recovering and price increases, interest on monero start growing as google trends show: https://trends.google.com/trends/explore?q=%2Fm%2F0130q41b

Guess there is a possibility that Random X gets implemented on a very bullish market.

It's funny to compare interest by region before and after 2014.

herrdrone

sr. member

Activity: 633

Merit: 267

As market start recovering and price increases, interest on monero start growing as google trends show: https://trends.google.com/trends/explore?q=%2Fm%2F0130q41b

Guess there is a possibility that Random X gets implemented on a very bullish market.

CoinCodex

jr. member

Activity: 314

Merit: 6

Monero slowly rising towards $70. Read more in this TA:

https://coincodex.com/article/3569/monero-price-analysis-xmr-steadily-growing-towards-70/

Kryptowerk

legendary

Activity: 2114

Merit: 1403

Disobey.

Loaded Monero giftcards available now!

Limited to 128, funded with 0.25 XMR. Reservations now open.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: Don_Crypton on May 02, 2019, 02:08:05 PM

I noticed that storing xmr is more difficult than eth Wink

Thx for the link to guide. I will surely read it.

I've noticed it's really easy to get ETH stolen. Wink

Don_Crypton

newbie

Activity: 15

Merit: 0

Quote from: ?? on ??

Quote from: Don_Crypton on May 02, 2019, 02:08:55 AM

Is it possible to store XMR on hardware wallets? How convenient is this for newbies?

It is for advanced users, because you have to be responsible to secure your wallet, your backup, your private key. So, if you are newbies in crypto, you should stick to exchanges' address to store your money. Remember to choose reliable exchanges, like Binnance, Block chain, Coinbase, ask so on. Always should stay away from small exchanges because their security is worse than big exchanges, and in bad situation (attacks) they might not compensate for their users.

I am against storing crypto on exchanges, regardless of their size.

Quote from: dEBRUYNE on May 02, 2019, 05:41:48 AM

Quote from: Don_Crypton on May 02, 2019, 02:08:55 AM

Is it possible to store XMR on hardware wallets? How convenient is this for newbies?

Yes. I'd argue it is doable. It is a bit more complicated than other coins such as ETH, but with assistance of this guide you should be able to manage:

https://monero.stackexchange.com/questions/9901/how-do-i-generate-a-ledger-monero-wallet-with-the-gui-monero-wallet-gui

I noticed that storing xmr is more difficult than eth Wink

Thx for the link to guide. I will surely read it.

Quote from: Globb0 on May 02, 2019, 08:29:14 AM

I thought it was relatively straight forward. Nano S.

But you do need to run the gui wallet (and sync up a node) and use the hw wallet as your "secure key holder"

Watched a video, cryptodad or something on you tube for the main points.

Main take away point was virus software will delete MoneroD is there anything that can be done about that?

Adding it to the exclusions in your virus software is the answer for now.

Technically, this method of storing xmr on NanoC is possible only ?

Globb0

legendary

Activity: 2702

Merit: 2053

Free spirit

Its these blasted malware miners of course, but after a fork can we get it reset as bug fixed or something?

Millionero

sr. member

Activity: 807

Merit: 423

I haven't used antivirus software for many years. Maybe I can get away with it because I don't use Windows.
I use linux pc and android phone. Performing updates immediately is more important than antivirus, in my opinion.

Globb0

legendary

Activity: 2702

Merit: 2053

Free spirit

I thought it was relatively straight forward. Nano S.

But you do need to run the gui wallet (and sync up a node) and use the hw wallet as your "secure key holder"

Watched a video, cryptodad or something on you tube for the main points.

Main take away point was virus software will delete MoneroD is there anything that can be done about that?

Adding it to the exclusions in your virus software is the answer for now.

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

Quote from: Don_Crypton on May 02, 2019, 02:08:55 AM

Is it possible to store XMR on hardware wallets? How convenient is this for newbies?

Yes. I'd argue it is doable. It is a bit more complicated than other coins such as ETH, but with assistance of this guide you should be able to manage:

https://monero.stackexchange.com/questions/9901/how-do-i-generate-a-ledger-monero-wallet-with-the-gui-monero-wallet-gui

Don_Crypton

newbie

Activity: 15

Merit: 0

Is it possible to store XMR on hardware wallets? How convenient is this for newbies?

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: TheFuzzStone on May 01, 2019, 10:46:07 AM

Quote from: Hueristic on May 01, 2019, 09:44:30 AM

Please post a link to the source english version for those of use that don't read russian And also linking source is a good practice).

If you had looked carefully, you would see the source at the end of each article. Wink

Ahh, I recommend placing those at the top so we don't have to scroll down through pages of russian to see there is a link. Thx

TheFuzzStone

legendary

Activity: 1512

Merit: 1442

thefuzzstone.github.io

Quote from: Hueristic on May 01, 2019, 09:44:30 AM

Please post a link to the source english version for those of use that don't read russian And also linking source is a good practice).

If you had looked carefully, you would see the source at the end of each article. Wink

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: jwinterm on May 01, 2019, 10:23:10 AM

Quote from: Hueristic on May 01, 2019, 09:49:42 AM

Quote from: jwinterm on May 01, 2019, 05:48:02 AM

Quote from: Hueristic on April 30, 2019, 10:34:06 AM

Quote from: ?? on ??

SoloPool.org - profitable solo mining pools. We support a lot of coins on different algorithms. Dagger-Hashimoto, Equihash, Cuckaroo29s, Equihash 144.5, CryptoNightR, X16R.

Our pools have already found more than 2.500.000 blocks!

Solo Mining Pool for Monero - https://xmr.solopool.org/

The block reward goes to the miner who found it
Full stats with charts, rewards and earnings
Telegram bot (notifications of new blocks and rigs status)
Stable payments
Support NiceHash (special port)
Support MiningRigRentals
Real servers with great ping
DDOS protection

Welcome

"Solo Mining Pool" is an Oxymoron.

It's not really. For one thing, until recently you had to setup a private pool if you wanted to GPUs mine anyway, which isn't the most straightforward thing to do for a lot of people I'd guess. But more importantly you want a very well connected node broadcasting your blocks, otherwise you're going to lose more blocks to orphans than you would end up paying fees to a solo mining pool.

Yes you can setup your own pools to solo mine but this is just a pool that named itself solo. It can be argued what the context of "pool" is in each instance whether pooling ones resources alone is solo yet pooling them collectively is not as is the case here.

Quote

How It Works?
It's solo mining pool.
Each miner works independently.
The block reward goes to the miner who found it.
Block search time depends on your hashrate and luck.

Ahh, I was thrown by the posting of all miners additive as the pool hashrate my bad. I guess whoever mines there should keep an eye one the blocks they mine.

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