Author

Topic: [XMR] Monero Speculation - page 1099. (Read 3314330 times)

legendary
Activity: 1276
Merit: 1001
September 09, 2016, 03:05:49 PM

That's quite an ordeal. I think someone (moneromooo?) was working on a way of getting the key image from a transaction so you can check the spent status using Moneroblocks API... (like Luigi's coin checker)


In the cold wallet:
export_key_images somefilename

Copy somefilename to the hot wallet where your view only wallet is

In the view wallet:
import_key_images somefilename

As the inputs owned by the wallet are spent, the view wallet should see those spends.
Obviously, if the cold wallet receives new inputs (including change), those key images will need importing too for them to be trackable.
full member
Activity: 196
Merit: 100
September 09, 2016, 02:31:46 PM
I do not believe how people are taking short positions. Almost all the Moneros from lending markets are now employed....  Shocked



I have some out. 0.7%+ per day/21% a month/255.5% a year. With these rates traders won't be short for long. Sideways for a few days or a minor increase in price will cause most of these short positions to be closed.

I've started to do the same... it's too attractive not to get a piece of the action

This trend will make Polo increasingly juicy for a hack / inside heist. Admittedly and irresponsibly I have not looked deeply into their security or insurance situation.

Only what you're comfortable losing on exchanges...

The way I see it it is generally Bitcoin being stolen so the Bitcoin I keep at exchanges I buy other coins with and if not I withdraw them no exceptions to that rule. Stealing all Monero from Poloniex when the only liquid market is Poloniex is a frivolous pursuit and if you find a hole in their security and use that opportunity to steal Monero before Bitcoin you are too retarded to find that hole in the first place.
legendary
Activity: 1610
Merit: 1004
September 09, 2016, 02:18:40 PM
Question in regards it to a cold wallet, moneroaddress.

When depositing coins to your cold wallet, you can check to see if you received them. You just have to enter the view key, public address, and tx id on xmr.llcoins.

Now, how can I check if there have been any transactions since you've initially deposited them? Verifying that there hasn't been a hack on your wallet>
There is currently no easy way to do this. However, in the future there might:

https://www.reddit.com/r/Monero/comments/51i0n7/solved_it_hopefully_heres_how_we_can_make_the/
What would be the best currently available (though not easy) way to do this?


First, you'd have to fully sync the blockchain on an online computer. Second, copy simplewallet, bitmonerod, and the blockchain to an USB and plug that into the offline computer. Third, use bitmonerod in offline modus (--offline flag) and it should use the blockchain you have already synced on the online computer. Fourth, use --restore-deterministic-wallet to create a wallet with your seed offline. Lastly, use refresh to sync your wallet. It will refresh up to the last block you have synced online. It should then show all the transactions (both incoming and outgoing) of your offline wallet up to that block.

That's quite an ordeal. I think someone (moneromooo?) was working on a way of getting the key image from a transaction so you can check the spent status using Moneroblocks API... (like Luigi's coin checker)
full member
Activity: 231
Merit: 100
September 09, 2016, 01:48:09 PM
Can we start a fund to raise capital for a full time developer or two perhaps?

I think that's a good idea but it's one that would probably be better voiced within the reddit subreddit.

The forum on getmonero.org has a fantastic funding system. Several developers has been paid through this. So far notably moneromoo and also the GUI development etc.
legendary
Activity: 2660
Merit: 2868
Shitcoin Minimalist
September 09, 2016, 01:46:50 PM
Given all the downward pressure from the shorting, the price is holding up remarkably well.
full member
Activity: 142
Merit: 100
September 09, 2016, 01:39:28 PM
I do not believe how people are taking short positions. Almost all the Moneros from lending markets are now employed....  Shocked



I have some out. 0.7%+ per day/21% a month/255.5% a year. With these rates traders won't be short for long. Sideways for a few days or a minor increase in price will cause most of these short positions to be closed.

I've started to do the same... it's too attractive not to get a piece of the action

This trend will make Polo increasingly juicy for a hack / inside heist. Admittedly and irresponsibly I have not looked deeply into their security or insurance situation.

Only what you're comfortable losing on exchanges...
full member
Activity: 196
Merit: 100
September 09, 2016, 12:46:51 PM
I do not believe how people are taking short positions. Almost all the Moneros from lending markets are now employed....  Shocked



I have some out. 0.7%+ per day/21% a month/255.5% a year. With these rates traders won't be short for long. Sideways for a few days or a minor increase in price will cause most of these short positions to be closed.
legendary
Activity: 2268
Merit: 1141
September 09, 2016, 12:38:54 PM
Question in regards it to a cold wallet, moneroaddress.

When depositing coins to your cold wallet, you can check to see if you received them. You just have to enter the view key, public address, and tx id on xmr.llcoins.

Now, how can I check if there have been any transactions since you've initially deposited them? Verifying that there hasn't been a hack on your wallet>
There is currently no easy way to do this. However, in the future there might:

https://www.reddit.com/r/Monero/comments/51i0n7/solved_it_hopefully_heres_how_we_can_make_the/
What would be the best currently available (though not easy) way to do this?


First, you'd have to fully sync the blockchain on an online computer. Second, copy simplewallet, bitmonerod, and the blockchain to an USB and plug that into the offline computer. Third, use bitmonerod in offline modus (--offline flag) and it should use the blockchain you have already synced on the online computer. Fourth, use --restore-deterministic-wallet to create a wallet with your seed offline. Lastly, use refresh to sync your wallet. It will refresh up to the last block you have synced online. It should then show all the transactions (both incoming and outgoing) of your offline wallet up to that block.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
September 09, 2016, 12:37:49 PM
Poking around on an onion-address market, I ran into this, which pleased me to no end: 

" PURCHASE 5 UNITS WITH MONERO (XMR) AND RECEIVE THE 6th UNIT FREE "

At least some vendors prefer Monero quite strongly, to the point of offering an effective 17% discount.
full member
Activity: 196
Merit: 100
September 09, 2016, 12:35:42 PM
As it has been said several times, the sell walls are short positions. Whenever a hefty scare wall appears, the interest rates soars. Therefore I am not afraid of them.
Actually it is a way to make money to buy those walls and set equalent amount of Moneros for sale 5-10 % higher.

Some traders are still scarred from years of altcoin scams. Some think $170M market cap is a lot but for a legitimate currency it is not. Anybody shorting booming cryptocurrencies is obviously suicidial as even if you're right the market might not care. Besides the risk and reward of longing vs shorting is heavily favoring long positions.
full member
Activity: 196
Merit: 100
September 09, 2016, 12:30:33 PM
https://en.wikipedia.org/wiki/Snowball_effect

"The common analogy is with the rolling of a small ball of snow down a snow-covered hillside. As it rolls the ball will pick up more snow, gaining more mass and surface area, and picking up even more snow and momentum as it rolls along."

I don't see any problems with XMR taking the same trip ETH did. Posting a prediction that in less than two months from today the market cap of Monero will be more than 1BN.


The major difference is that Monero lacks the marketing presence that Etherium had. We may develop some marketing when the GUI is official, but it is likely to be much more grassroots because of the lack of prominent venture or corporate sponsorship. This may slow the rise.

I must say that fluffypony is certainly fulfilling the role of vitalik as a public face, with excellence and maturity.


When you talk about marketing comparing Monero to early days of Bitcoin is more accurate. We already see 'free' MSM marketing on XMR. Interest in the technology good or bad doesn't matter much it is genuine and give coverage. XMR does what Bitcoin was marketed as and when MSM found out the truth about Bitcoin they lost most of the genuine interest they had.

I doubt many realize what a journey this'll be.
legendary
Activity: 1092
Merit: 1000
September 09, 2016, 12:10:29 PM
As it has been said several times, the sell walls are short positions. Whenever a hefty scare wall appears, the interest rates soars. Therefore I am not afraid of them.
Actually it is a way to make money to buy those walls and set equalent amount of Moneros for sale 5-10 % higher.
legendary
Activity: 2660
Merit: 2868
Shitcoin Minimalist
September 09, 2016, 11:52:59 AM
Question in regards it to a cold wallet, moneroaddress.

When depositing coins to your cold wallet, you can check to see if you received them. You just have to enter the view key, public address, and tx id on xmr.llcoins.

Now, how can I check if there have been any transactions since you've initially deposited them? Verifying that there hasn't been a hack on your wallet>
There is currently no easy way to do this. However, in the future there might:

https://www.reddit.com/r/Monero/comments/51i0n7/solved_it_hopefully_heres_how_we_can_make_the/
What would be the best currently available (though not easy) way to do this?


You're a lot more likely to get help with things like that on the main Monero thread.
member
Activity: 82
Merit: 10
September 09, 2016, 11:48:54 AM
Question in regards it to a cold wallet, moneroaddress.

When depositing coins to your cold wallet, you can check to see if you received them. You just have to enter the view key, public address, and tx id on xmr.llcoins.

Now, how can I check if there have been any transactions since you've initially deposited them? Verifying that there hasn't been a hack on your wallet>
There is currently no easy way to do this. However, in the future there might:

https://www.reddit.com/r/Monero/comments/51i0n7/solved_it_hopefully_heres_how_we_can_make_the/
What would be the best currently available (though not easy) way to do this?
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
September 09, 2016, 11:20:27 AM
Number of transactions almost doubled in September.

Last week was on average 3.5 transactions / block
Last month was on average 2.04 transactions / block
Last year was on average 0.53 transactions / block


I am sure if way more then doubled compared to July.
This month starts the awakening of monero, the price is really predictable from being down big this day to 0.018 then back at the range of 0.02 in less than 24 hours, easy money for those investors who have a bigger capital,it is good to trade monero this days.

You don't take into account those that accumulated at <.0015, Whales playing with profit always have a huge advantage to those using new money.

I do not believe how people are taking short positions. Almost all the Moneros from lending markets are now employed....  Shocked


Couldn't it be leveraged longs?

Longs need to borrow Bitcoin not Monero

Not if you want to dry up the ammo for the shorters. From what I've gathered on long leveraged is it has to be short term.

legendary
Activity: 2660
Merit: 2868
Shitcoin Minimalist
September 09, 2016, 10:37:51 AM
I do not believe how people are taking short positions. Almost all the Moneros from lending markets are now employed....  Shocked


Couldn't it be leveraged longs?

Longs need to borrow Bitcoin not Monero



If you'll excuse me, I need to chug some coffee.
sr. member
Activity: 327
Merit: 252
September 09, 2016, 10:18:17 AM
Can we start a fund to raise capital for a full time developer or two perhaps?

I think that's a good idea but it's one that would probably be better voiced within the reddit subreddit.
sr. member
Activity: 473
Merit: 250
September 09, 2016, 10:06:56 AM
Can we start a fund to raise capital for a full time developer or two perhaps?
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
September 09, 2016, 09:48:57 AM
https://en.wikipedia.org/wiki/Snowball_effect

"The common analogy is with the rolling of a small ball of snow down a snow-covered hillside. As it rolls the ball will pick up more snow, gaining more mass and surface area, and picking up even more snow and momentum as it rolls along."

I don't see any problems with XMR taking the same trip ETH did. Posting a prediction that in less than two months from today the market cap of Monero will be more than 1BN.


The major difference is that Monero lacks the marketing presence that Etherium had. We may develop some marketing when the GUI is official, but it is likely to be much more grassroots because of the lack of prominent venture or corporate sponsorship. This may slow the rise.

I must say that fluffypony is certainly fulfilling the role of vitalik as a public face, with excellence and maturity.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
September 09, 2016, 09:43:19 AM
I do not believe how people are taking short positions. Almost all the Moneros from lending markets are now employed....  Shocked


Couldn't it be leveraged longs?

Longs need to borrow Bitcoin not Monero
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