Author

Topic: [XMR] Monero Speculation - page 1449. (Read 3313576 times)

legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
March 17, 2016, 08:41:47 PM
Boy did I hit that overnight dip close or what! I just wish someone had hit me up for a OTB trade. Sad

I need Moar!  Before I spend it at the casino! Tongue

OTB = Over the Border trade?   Wink

LOLz

...
OTOH Minergate is ~1/14 of the network!  If they are the go-to pool for bot herders (nice web miner!) it will be interesting to see if it stops the dumping, as GPU hoarders take over their absent portion of the global hashrate.

Am I the only one that thinks is good bot nets are securing the network? I can think of hundreds of other extremely bad things they could be doing rather than shoring up a currency that could free the world.

Boy did I hit that overnight dip close or what! I just wish someone had hit me up for a OTB trade. Sad

I need Moar!  Before I spend it at the casino! Tongue

Grats, you managed to be the last person to sell and then rebuy with any significant amount of volume.

Unfortunately I didn't get much but I'm still happy about it. Smiley




legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
March 17, 2016, 08:41:44 PM
Soooooo....Monero is NINTH in volume on Poloniex right now?  At 1124 BTC traded in the last 24 hours?

What in the heck is up with all the volume across so many different alts?Huh

EDIT:  and the order book is jumping like crazy, from 425 BTC of buy orders this morning to 1100 a few hours ago to 700 now.

There is a metric fuck-ton of FUD floating around, thanks to the Classic nonsense about Bitcoin's death/crippling/strangling/immanent d000m/etc.

Part of the Gavinista meme-cluster is that the ETH boom is due to Core's supposed mismanagement.

There's no way to tell how much of the present alt surge is due to rich Gavinistas trying to spread FUD in the market, and how much is credulous low-information types selling their precious BTC to cynical R3/Coinbase whales for a pittance.

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Dear LazyNet,

Please provide real-time charts of the total buy/sell orders for all those coins, and graphs of the amounts of available lending coins along with their interest %s.

I'd like to see, without too much tiresome clicking, which pumps/dumps are backed by real market depth and which are mere short term levitation/manipulation.

Thank you!

#PoloDataViz
legendary
Activity: 2016
Merit: 1259
March 17, 2016, 08:21:24 PM


ATH and oz/silver parity parties to be held at Monero Manor and Monero Mountain!  Cool

Lets hurry on that Ag parity.  Maybe catch it on the down swing, or it's going to be a race to overtake it once its own rockets ignite  Cool  Not that I would mind having that party at $50-$100,  but I'm due for a party soon, so between 10 and 20 would be better timed  Wink

ADD:  metals and oil (and subsequently the Canadian dollar) having a nice little rise today.  Stay tuned for shock and pain to follow. 
legendary
Activity: 1806
Merit: 1164
March 17, 2016, 08:18:18 PM
KABOOOOOOM

I love the sound of legit coins such as Monero taking off, while the Maid and Dash scams implode into great bloody heaps of FAIL.   Cool

Today's 99bitcoins article basically endorses Monero as the best way to unlink/untaint Bitcoins, and that site gets a TON of traffic from their ingenious/hilarious BitcoinObituaries.com redirect (as well as the well written and informative content).

It will take time for the article to be passed around, read, and acted upon.  Plus more time for receptive readers to move their BTC to Polo and buy coins.  But the resulting long BOOOOOOOOOM has already started.

How long until most DMN stop sending/receiving BTC directly, and only use shapeshifted XMR for in/out flows?  Soon?  Two Weeks?

ATH and oz/silver parity parties to be held at Monero Manor and Monero Mountain!  Cool

Monero was mentioned before on /r/monero as an alternative to mixers but the article at 99bitcoins is the first time I have seen it mentioned at a mainstream bitcoin magazine. Good article BTW but I doubt you will see the DNM switch from bitcoin as XMR is too complicated. If it should happen it will be big news at DeepDotWeb.
sr. member
Activity: 306
Merit: 251
March 17, 2016, 07:45:29 PM
Are we seeing a break out?  Volume on hitBTC is up a good bit over the last 24 hours.  Of course they don't do as much volume as Poloniex but over all its up some.  Best ask is 3200 and best bid at 2950.    $1.29 
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
March 17, 2016, 07:10:19 PM
KABOOOOOOM

I love the sound of legit coins such as Monero taking off, while the Maid and Dash scams implode into great bloody heaps of FAIL.   Cool

Today's 99bitcoins article basically endorses Monero as the best way to unlink/untaint Bitcoins, and that site gets a TON of traffic from their ingenious/hilarious BitcoinObituaries.com redirect (as well as the well written and informative content).

It will take time for the article to be passed around, read, and acted upon.  Plus more time for receptive readers to move their BTC to Polo and buy coins.  But the resulting long BOOOOOOOOOM has already started.

How long until most DMN stop sending/receiving BTC directly, and only use shapeshifted XMR for in/out flows?  Soon?  Two Weeks?

ATH and oz/silver parity parties to be held at Monero Manor and Monero Mountain!  Cool
hero member
Activity: 644
Merit: 500
March 17, 2016, 07:06:02 PM
Price should be pumped to 5$ and stabilize there this is nothing
full member
Activity: 126
Merit: 100
March 17, 2016, 07:02:30 PM
Boy did I hit that overnight dip close or what! I just wish someone had hit me up for a OTB trade. Sad

I need Moar!  Before I spend it at the casino! Tongue

Grats, you managed to be the last person to sell and then rebuy with any significant amount of volume.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
March 17, 2016, 07:01:11 PM
Soooooo....Monero is NINTH in volume on Poloniex right now?  At 1124 BTC traded in the last 24 hours?

What in the heck is up with all the volume across so many different alts?Huh

Ethereum profits have to go somewhere.  XMR is still pretty low visibility.  I think most people discover it because of price spikes on poloniex.  Ethereum is the headline draw. XMR is the tortoise.

There was a big wall at 220k which got pulled.  Whatevs.  I mean, what is the point of a wall 30% off the market?  It did seem to discourage some buying though, when it was pulled.  I was surprised at that.  The silliness of human behaviour never ceases to amaze me.
sr. member
Activity: 364
Merit: 250
March 17, 2016, 06:53:05 PM
Soooooo....Monero is NINTH in volume on Poloniex right now?  At 1124 BTC traded in the last 24 hours?

What in the heck is up with all the volume across so many different alts?Huh

EDIT:  and the order book is jumping like crazy, from 425 BTC of buy orders this morning to 1100 a few hours ago to 700 now.
legendary
Activity: 1624
Merit: 1008
March 17, 2016, 06:52:15 PM
KABOOOOOOM

You seemed quite sure that something was going to happen but unsure of up or down.  Why not both Grin
legendary
Activity: 981
Merit: 1005
No maps for these territories
March 17, 2016, 06:24:14 PM
KABOOOOOOM
legendary
Activity: 2268
Merit: 1141
March 17, 2016, 05:37:57 PM
PSA: Users, (solo)miners, exchanges/merchants, and pooloperators must be on 0.9.x (preferably 0.9.2) in advance of the hardfork otherwise you will get forked/booted off the network. If you are mining on one of the following pools, please contact your poolop immediately or switch to another pool.

List of pools that haven't upgraded yet:


I use the cryptonotepool because it supports the devs, but they have low hashrate.

OTOH Minergate is ~1/14 of the network!  If they are the go-to pool for bot herders (nice web miner!) it will be interesting to see if it stops the dumping, as GPU hoarders take over their absent portion of the global hashrate.

Minergate kind of confirmed to the core-team they would upgrade before the hardfork. However, until they really have upgraded I'll include them into the PSA. If pools upgrade I'll take them out of the PSA.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
March 17, 2016, 05:23:10 PM
PSA: Users, (solo)miners, exchanges/merchants, and pooloperators must be on 0.9.x (preferably 0.9.2) in advance of the hardfork otherwise you will get forked/booted off the network. If you are mining on one of the following pools, please contact your poolop immediately or switch to another pool.

List of pools that haven't upgraded yet:


I use the cryptonotepool because it supports the devs, but they have low hashrate.

OTOH Minergate is ~1/14 of the network!  If they are the go-to pool for bot herders (nice web miner!) it will be interesting to see if it stops the dumping, as GPU hoarders take over their absent portion of the global hashrate.
member
Activity: 109
Merit: 10
March 17, 2016, 05:00:04 PM
Today,
Price gets knocked down, no problem, when I get home I'll transfer some btc and buy me some more Moneroj.
Get home to see big green dildo so no buy oppurtunity for me, no problem, my Monero house is worth more.
Good fundamentals + hodling = no problem
my problem is that i read about xmr and discovered it's the best anonymous coin and so i buy but cant sell.  im found myself digging i to my btc cold storage to switch a good % to xmr. i feel that it's worth many times more than it's trading now but also feel happy that i can buy more cheaply here.
legendary
Activity: 1624
Merit: 1008
March 17, 2016, 04:46:23 PM
Today,
Price gets knocked down, no problem, when I get home I'll transfer some btc and buy me some more Moneroj.
Get home to see big green dildo so no buy oppurtunity for me, no problem, my Monero house is worth more.
Good fundamentals + hodling = no problem
sr. member
Activity: 327
Merit: 252
March 17, 2016, 04:18:58 PM
Thanks for your response. So can anyone put up a fake wall or do you have to have the potential resources to do so before Poloniex allows you to do it? In other words, can only real whales put up fake walls?
Lastly, are walls, either fake or real, an issue for all currencies or is Monero blighted by them more than most?

Anyone can put up a wall if they have the monero to do so, or the btc for a buywall.  You just have to put an order on the book.
Obviously you cannot put up a 40k sell wall without actually having 40k monero.  (You could do it with margin by borrowing, but you would be paying interest to keep it there, and would get wrecked if it was bought).

All orders are 'real' while they are up on the book.  By saying a wall is 'fake' or 'real', I mean that the creator of the wall secretly doesnt want a fake wall to execute, and would remove the order if they thought it was going to execute.  The risk of a fake wall is that anyone can go buy it at any time its up there, and then the order becomes very real indeed.

In the stock markets, doing that would be illegal (but most of the time there wouldnt be a way to catch you).  



Monero has had a lot of big sell walls recently, over the past few weeks.  But its not the onyl coin where this happens, it happens in most.

Thanks. That helps to dampen my paranoia a little.  Smiley
legendary
Activity: 1092
Merit: 1000
March 17, 2016, 04:15:18 PM
Looks like the triangle is getting tighter and tighter before breaking. If it goes up from here (which it probably do - as said many times here, there is too much competition for the coins at lower prices) it will get to a serious war zone with heavy battle as next stop is try to break the high of 2015.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
March 17, 2016, 04:09:00 PM
Boy did I hit that overnight dip close or what! I just wish someone had hit me up for a OTB trade. Sad

I need Moar!  Before I spend it at the casino! Tongue

OTB = Over the Border trade?   Wink
legendary
Activity: 2268
Merit: 1141
March 17, 2016, 04:03:29 PM
PSA: Users, (solo)miners, exchanges/merchants, and pooloperators must be on 0.9.x (preferably 0.9.2) in advance of the hardfork otherwise you will get forked/booted off the network. If you are mining on one of the following pools, please contact your poolop immediately or switch to another pool.



Approximately the 23th of March there will be a hardfork on the Monero network. Most pools have upgraded, but some have not yet. If they don't upgrade before the hardfork they will get forked/booted off the network. As a result you will miss out on revenue if you are mining on these pools. Thus, if you are mining on the following pools, please contact your pool owner as soon as possible and urge them to upgrade. Alternatively, you can switch to a pool that is on the right version.

FYI: You can plug the blockheader of your pool into "http://moneroblocks.info/api/get_block_header/hash_of_blockheader". The minor_version must show "minor_version: 2". This means that the pool is on the right version. If it shows "0" or "1" the pool is on an outdated version. An example of a pool on the right version (Monerohash):

http://moneroblocks.info/api/get_block_header/2a88740443bf654e595bba7061509e6a3a80623da5de2478c4a90b45454a7fa8

List of pools that haven't upgraded yet:


List of pools that have upgraded:

You can find most pools here:

https://monerohash.com/#network

Some of the aforementioned pools are listed there as well. If you are switching, avoid the aforementioned pools.



Binaries:

Monero v0.9.2 - Hydrogen Helix - released! (Urgent and important bug fixes for the upcoming hard fork)

https://github.com/monero-project/bitmonero/releases/tag/v0.9.2

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will do shasums / gpg signed mesage tomorrow

Information from Github:

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This has urgent and important bug fixes to 0.9.0 Hydrogen Helix
  • Major performance and size improvements to the LMDB database implementation
  • Urgent and important bug fixes for the upcoming hard fork
  • Huge bug fixes to the database hard fork handling
  • New simplewallet flag to restore from keys
  • Initial work on a wallet library / API
  • Updated in-source block headers



General hardfork information:

Background:

https://forum.getmonero.org/4/academic-and-technical/303/a-formal-approach-towards-better-hard-fork-management

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What are the change(s) with the upcoming hard fork on the 20th of March?

  • Blocktime is bumped from 1 to 2 minutes. See:

https://forum.getmonero.org/20/general-discussion/2401/increasing-the-block-time

  • Minimum blocksize is bumped to 60 KB. See:

https://forum.getmonero.org/20/general-discussion/2409/increasing-the-minimum-block-size

A big advantage of this is that current individual transactions that sometimes won't go through (because they are a bit above the median due to many outputs (e.g. dust), or the daemon / MyMonero rejects them for some reason) can easily be included in the block without incurring a penalty. Above is a bit of a blunt explanation, I am sure one of the core-team members / developers could give you a more detailed explanation.

  • Finally, the recommendations from the MRL team stated in MRL-0004, of which the minimum mixin >= 3 is probably the most salient. See:

https://lab.getmonero.org/pubs/MRL-0004.pdf

P.S. Due to variance the hard fork will likely be on the 21th or 22th of March. A specific block height was determined for the hardfork, not a specific date. The specific blockheight for the hardfork can be found here:

https://github.com/monero-project/bitmonero/blob/master/src/cryptonote_core/blockchain.cpp#L83

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// version 2 starts from block 1009827

P.P.S. As long as you are on any 0.9.x version in advance of the hardfork you are fine.
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