Author

Topic: [XMR] Monero Speculation - page 1054. (Read 3314343 times)

legendary
Activity: 2968
Merit: 1198
September 27, 2016, 07:49:52 PM
Is it a good idea to CPU mine Monero right now?

If you own a CPU with the AES-NI instruction set, it is quite certainly profitable to mine XMR right now.  Again, this belongs in the mining thread.


is there a command on linux I can run to check this? Sorry, not much of a hardware guy despite my past.... Tongue

cpuid|grep AES

If you don't have the cpuid utility installed then

grep flags /proc/cpuinfo

Look for 'aes' in the list

Please continue discussion on the mining thread
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
September 27, 2016, 07:29:26 PM

How should I troll?  Let me count the ways.

Everyday the time till the release of the GUI will be cut in half.

Zeno's GUI.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
September 27, 2016, 06:49:14 PM
Is it a good idea to CPU mine Monero right now?

If you own a CPU with the AES-NI instruction set, it is quite certainly profitable to mine XMR right now.  Again, this belongs in the mining thread.
legendary
Activity: 1190
Merit: 1000
Look ARROUND!
September 27, 2016, 06:33:14 PM
Is it a good idea to CPU mine Monero right now?

Even the slightest amount of Monero earned would be cool. Is there people out there that have success with this technique? I am looking to try it, though when I mined an Altcoin before it was around 7 kh/s...wasn't worth it with the coin I was using...

I will try to research more later though I just wanted to have your insight on this. Talk to you soon.
legendary
Activity: 3570
Merit: 1959
September 27, 2016, 06:10:23 PM
Is there any good option to rent mining rigs or hashing power to mine Monero if I don't have a mining rig?

I heard nicehash supports cryptonote rigs now, but if it's "profitable", no idea sorry. Tongue
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
September 27, 2016, 05:59:58 PM
Thanks for posting this article lethos3.
RingCT is really interesting. Privacy is obviously one of the main attraction points with Monero.
this will I'm not sure if increase the userbase/ price of the coin, but it probably can't hurt.

It absolutely increases the anonymity factor, in a material fashion. Since the anonymity factor is the primary, if not exclusive, relative advantage of Monero, it logically must increase the fundamental value of XMR by some monotonic factor.
newbie
Activity: 36
Merit: 0
September 27, 2016, 05:45:18 PM
Is there any good option to rent mining rigs or hashing power to mine Monero if I don't have a mining rig?
sr. member
Activity: 434
Merit: 250
September 27, 2016, 04:51:10 PM
Thanks for posting this article lethos3.
RingCT is really interesting. Privacy is obviously one of the main attraction points with Monero.
this will I'm not sure if increase the userbase/ price of the coin, but it probably can't hurt.
legendary
Activity: 2268
Merit: 1141
September 27, 2016, 03:49:19 PM
"How to Buy Monero with Bitcoin: A Complete Guide"

https://moneroeric.com/buy-monero-bitcoin-shapeshift-poloniex/
legendary
Activity: 2268
Merit: 1141
September 27, 2016, 01:43:56 PM
Oups, how could i miss to post that  Cheesy

GUI should be ready soon:

Kermit_: do you mean the GUI wallet, or the next tagged release?
Yes gui
fluffypony - Okay. Just to say there are some oddities with the current flag page. Can expand at a later time.
Kermit_: not certain yet - I'll look at building beta binaries in the next week or so
Thanks

https://getmonero.org/2016/09/11/overview-and-logs-for-the-dev-meeting-held-on-2016-09-11.html

That was from over 2 weeks ago. If you have been following things you'll know that fluffypony is not doing the beta binaries because there are still bugs.  Yes there is information all over the place so it's sometimes hard to keep track. Just yesterday there were some GUI commits.

As far as I know he means the issues reported by medusa, which you can see here:

https://github.com/monero-project/monero-core/issues

As far as I can see from the commits, all issues have been fixed except #26. Also, not sure about #29, but that's more a feature than a bug.
legendary
Activity: 1008
Merit: 1001
September 27, 2016, 01:33:57 PM
Hmmmm, looks to me we will get the low of round about 0,010 around 10'th of october. From there we should see a nice rise to somewhere 0,020 at around 02'nd of november, if we hit the 0,010 around 10'th of october  Roll Eyes

If we stay at the current 0,015 level until 15'th of october, well, then things will get interesting  Shocked Grin

legendary
Activity: 1624
Merit: 1008
September 27, 2016, 01:23:26 PM
Oups, how could i miss to post that  Cheesy

GUI should be ready soon:

Kermit_: do you mean the GUI wallet, or the next tagged release?
Yes gui
fluffypony - Okay. Just to say there are some oddities with the current flag page. Can expand at a later time.
Kermit_: not certain yet - I'll look at building beta binaries in the next week or so
Thanks

https://getmonero.org/2016/09/11/overview-and-logs-for-the-dev-meeting-held-on-2016-09-11.html

That was from over 2 weeks ago. If you have been following things you'll know that fluffypony is not doing the beta binaries because there are still bugs.  Yes there is information all over the place so it's sometimes hard to keep track. Just yesterday there were some GUI commits.


I think one topic to speculate should be: will there ever be official GUI for XMR?


How should I troll?  Let me count the ways.

Everyday the time till the release of the GUI will be cut in half.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
September 27, 2016, 01:21:58 PM
Hello guys, I am new in this forum however I was watching this thread for almost 2 months now, bought some XMR and bagholding it...
My question is if there would be any point in setting up a XMR ATM, like a lot of people already did with bitcoin. And of course make some small profit out of fees.
I am interested about your opinion, or is it even possible with the lack of GUI?

GUI = Graphic User Interface (however I would prefer General User Interface).
It basically means transacting of Monero is made sexier. GUI is beneficial when you want to attract ordinary people who are not super tech savy (obviously somewhat savyness is needed in order to use crypto). Sure Monero has flashy webwallet but some people might not feel comfortable storing their money in third part wallet..
What I am waiting for is Monero Trezor, a wallet that has a hardware which is needed in order to send coins or to log in your wallet.

I think one topic to speculate should be: will there ever be official GUI for XMR?


"General" to me is too general. Who determines what "general" actually is?

That is why it was coined as "Graphical" in computer science to be explicitly clear that there are graphics involved.

Generality can be assume to be CLI as well, depends on who you are.

sr. member
Activity: 434
Merit: 250
September 27, 2016, 01:09:53 PM
Oups, how could i miss to post that  Cheesy

GUI should be ready soon:

Kermit_: do you mean the GUI wallet, or the next tagged release?
Yes gui
fluffypony - Okay. Just to say there are some oddities with the current flag page. Can expand at a later time.
Kermit_: not certain yet - I'll look at building beta binaries in the next week or so
Thanks

https://getmonero.org/2016/09/11/overview-and-logs-for-the-dev-meeting-held-on-2016-09-11.html
legendary
Activity: 1092
Merit: 1000
September 27, 2016, 12:57:54 PM
Hello guys, I am new in this forum however I was watching this thread for almost 2 months now, bought some XMR and bagholding it...
My question is if there would be any point in setting up a XMR ATM, like a lot of people already did with bitcoin. And of course make some small profit out of fees.
I am interested about your opinion, or is it even possible with the lack of GUI?

GUI = Graphic User Interface (however I would prefer General User Interface).
It basically means transacting of Monero is made sexier. GUI is beneficial when you want to attract ordinary people who are not super tech savy (obviously somewhat savyness is needed in order to use crypto). Sure Monero has flashy webwallet but some people might not feel comfortable storing their money in third part wallet..
What I am waiting for is Monero Trezor, a wallet that has a hardware which is needed in order to send coins or to log in your wallet.

I think one topic to speculate should be: will there ever be official GUI for XMR?
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
September 27, 2016, 12:53:36 PM
I observe that the 15 and 30 minute accumulation cycles are now more persistent than the distribution cycles.  This suggests the possibility that we are forming a base, intraday, at present.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
September 27, 2016, 12:28:24 PM
Hello guys, I am new in this forum however I was watching this thread for almost 2 months now, bought some XMR and bagholding it...
My question is if there would be any point in setting up a XMR ATM, like a lot of people already did with bitcoin. And of course make some small profit out of fees.
I am interested about your opinion, or is it even possible with the lack of GUI?

Absolutely possible.  The ATM interface is the GUI for ATM users.  If you do any diligence on the kiosk hardware options, please share.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
September 27, 2016, 12:27:02 PM
...there are people like you that are believers in what I call "onecoin".  This is the flawed concept that there can only be the one coin, no matter what that coin does.

...people that want to trade and park their money in an anonymous currency now have two technologies to choose from. And anyone smart will put their money in both. (hedging in case the tech in one of them ever fails)

Regarding the first point, the dominant counter-argument is that liquidity is a natural monopoly, because liquidity abhors frictions.  There is only one coin which presently offers a usable level of liquidity with fungibility.  In order to seize that crown will require an order-of-magnitude improvement (and definitely not an ambiguous corporate unfair Mossad-coin).

Regarding the second point, hedges are not all alike.  Some cost more than they are worth.  Buying things that cost more than they are worth is not a good strategy.  (Personally I would like to see ZK anon support folded into XMR.  I'm not sure how yet.  I am beginning to work on a draft, but it is very incomplete.)

I do agree that apples and oranges are different things.  Ethereum does fulfill a very different function.  But it has severe flaws, two of which suffice to spoil it for me:  Firstly, there is the governance risk implied by the cult of Vitalik.  We saw how disastrous this could be in the DAO fork.  Secondly, the very notion of "Turing-complete" platform is fundamentally broken and mistaken: All contracts must be decidable.  I consider these reasons sufficient to believe that some other platform will be the dominant smart-contract platform.  



newbie
Activity: 2
Merit: 0
September 27, 2016, 12:23:17 PM
Hello guys, I am new in this forum however I was watching this thread for almost 2 months now, bought some XMR and bagholding it...
My question is if there would be any point in setting up a XMR ATM, like a lot of people already did with bitcoin. And of course make some small profit out of fees.
I am interested about your opinion, or is it even possible with the lack of GUI?
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
September 27, 2016, 11:22:49 AM
Quote

What makes you so sure that ETH has this one and only purpose?

Please stop trolling around and read properly. https://www.ethereum.org

Back to important things:

LOAN OFFERSTotal: 369280.53237829 XMR (20th Sept.)
.....
LOAN OFFERSTotal: 206596.35664249 XMR (27th Setp.)
LOAN OFFERSTotal: 230399.83850490 XMR (today)

So there is a lot room to go up to at least 190+ soon when the shorters close their positions.

This doesn't account for people who just removed their coins from lending ^

Hard to use these numbers as anything indicative of current open shorts.
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