Author

Topic: [XMR] Monero Speculation - page 1528. (Read 3313576 times)

legendary
Activity: 2282
Merit: 1050
Monero Core Team
February 21, 2016, 04:30:19 PM
...

Strangely, I am not feeling that uncomfortable.
Cartels are something that in the free world should be able to form. Personally I am not that afraid of troll attacks since I do not simply care, however I see your point, some people might be more sensitive to internet trolls in a way that those trolls might have some power over them. Generally speaking, smart money people however do not care so much about trolls screaming from their caves.

To lend XMR to shorters is basically the only thing one can do with XMR in real world. Personally I am interested in investing to assets that bring me passive income but are also backed by a collateral. XMR loans in Polo is such asset.



This depends on how good the collateral is. XMR loans backed by DASH or even ETH can be very scary. A sharp spike in XMR/XBT could easily provoke a a sharp drop in DASH/XBT creating a double loss for the short XMR position. This has happened before in the spring of last year where a sharp drop in DASH/XBT over the Darkcoin/Dash re-branding caused a sharp rise in XMR/XBT.

Edit: Cartels are a terrible idea, not only can they be illegal in most jurisdictions, they undermine the very essence of a free market; namely competition.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
February 21, 2016, 04:26:57 PM
It feeds my self-interest to get the highest possible interest for my loans. If I stab someone to the back, what shall I expect to get back? Praises? I think others will stab me also so it is my best interest to play nicely so to say...

For me it is simply important to get the coins employed as much as possible but at the highest possible rate, not at minimum interest.

-cartel talk-



I feel very uncomfortable reading this. It opens our flank to all kinds of attacks. From troll polemics to more serious legal issues, of which not the least is legal action against the exchange.

Strangely, I am not feeling that uncomfortable.
Cartels are something that in the free world should be able to form. Personally I am not that afraid of troll attacks since I do not simply care, however I see your point, some people might be more sensitive to internet trolls in a way that those trolls might have some power over them. Generally speaking, smart money people however do not care so much about trolls screaming from their caves.

To lend XMR to shorters is basically the only thing one can do with XMR in real world. Personally I am interested in investing to assets that bring me passive income but are also backed by a collateral. XMR loans in Polo is such asset.



You conveniently left out the legal issues. We should also be able to grow weed in a free world but that doesn't make it so.

You admitted to your self interest upthread  so no point in discussing this. You'd probably sell your cat to a specialties restaurant if the price were right.

Lastly, no one is saying you shouldn't lend your XMR and earn money with it. Publicly discussing the formation of a cartel is a whole different issue.

thanks for the laugh for today buddy LOL  Cheesy
sr. member
Activity: 308
Merit: 250
February 21, 2016, 04:25:33 PM
Friendly reminder for everyone, the work and activity on the GUI can be followed here:

https://github.com/mbg033?tab=activity

https://github.com/mbg033/monero-core

https://github.com/mbg033/bitmonero

Aha, so work has already fully started. Thanks for sharing the links.

May I suggest posting the links to the funding page as well, since I was under the (naive) impression nothing was happening yet.

Except from https://github.com/mbg033/bitmonero, they are all in the OP. I'll ask othe if he can add that one as well.

Will the new GUI offer the ability to use the view key function for Monero cold storage wallets?

I think it will, I'll ask about it later. Also, you can already check if your funds arrived safely at your (cold) wallet address using this tool:

First, make sure to save the transaction hash shapeshift, an exchange, or simplewallet provided you with. Subsequently, you can use the following tool:

http://xmrtests.llcoins.net/checktx.html

Fill in your address, the viewkey that belongs to the address (Moneroaddress provides this), and the transaction hash of the specific transaction. It should show you something like: "These outputs are yours". The sum of those outputs should be equal to the amount that was sent. I suggest using a test amount first to try out the tool and get a bit familiar with it.

Using this tool you can be certain that your funds arrived safely at your wallet.

That tool is perfect. Thank you for making me aware of it. I trust the message below but want to learn how it works.

Note: this site operates completely on client-side Javascript; no data is ever sent to the web server.
Big thanks to MoneroBlocks for the transaction data API, without which this page would not work.


If this means no data is sent to the http://xmrtests.llcoins.net server what about the MoneroBlocks server? Data must be pulled from MoneroBlocks in order for the viewkey to work. What data must be sent to MoneroBlocks to make that happen? Does MoneroBlocks have the ability to associate viewkeys with the IP address of the party making a request for data?

Code:
  
var api = "http://moneroblocks.info/api/get_transaction_data/";
var res = $.ajax({url: api + hash, type: 'GET', async: false});

the only data sent to MoneroBlocks API is the tx hash.

Correct. MoneroBlocks can also see that the request comes from that website.

Perfect. That is exactly the answer I was hoping for.
legendary
Activity: 1105
Merit: 1000
February 21, 2016, 04:21:50 PM
Friendly reminder for everyone, the work and activity on the GUI can be followed here:

https://github.com/mbg033?tab=activity

https://github.com/mbg033/monero-core

https://github.com/mbg033/bitmonero

Aha, so work has already fully started. Thanks for sharing the links.

May I suggest posting the links to the funding page as well, since I was under the (naive) impression nothing was happening yet.

Except from https://github.com/mbg033/bitmonero, they are all in the OP. I'll ask othe if he can add that one as well.

Will the new GUI offer the ability to use the view key function for Monero cold storage wallets?

I think it will, I'll ask about it later. Also, you can already check if your funds arrived safely at your (cold) wallet address using this tool:

First, make sure to save the transaction hash shapeshift, an exchange, or simplewallet provided you with. Subsequently, you can use the following tool:

http://xmrtests.llcoins.net/checktx.html

Fill in your address, the viewkey that belongs to the address (Moneroaddress provides this), and the transaction hash of the specific transaction. It should show you something like: "These outputs are yours". The sum of those outputs should be equal to the amount that was sent. I suggest using a test amount first to try out the tool and get a bit familiar with it.

Using this tool you can be certain that your funds arrived safely at your wallet.

That tool is perfect. Thank you for making me aware of it. I trust the message below but want to learn how it works.

Note: this site operates completely on client-side Javascript; no data is ever sent to the web server.
Big thanks to MoneroBlocks for the transaction data API, without which this page would not work.


If this means no data is sent to the http://xmrtests.llcoins.net server what about the MoneroBlocks server? Data must be pulled from MoneroBlocks in order for the viewkey to work. What data must be sent to MoneroBlocks to make that happen? Does MoneroBlocks have the ability to associate viewkeys with the IP address of the party making a request for data?

Code:
  
var api = "http://moneroblocks.info/api/get_transaction_data/";
var res = $.ajax({url: api + hash, type: 'GET', async: false});

the only data sent to MoneroBlocks API is the tx hash.

Correct. MoneroBlocks can also see that the request comes from that website.
legendary
Activity: 1610
Merit: 1004
February 21, 2016, 04:12:39 PM
Code:
  
var api = "http://moneroblocks.info/api/get_transaction_data/";
var res = $.ajax({url: api + hash, type: 'GET', async: false});

the only data sent to MoneroBlocks API is the tx hash.
sr. member
Activity: 308
Merit: 250
February 21, 2016, 03:52:05 PM

It's luigi1111's website, who is one of the core-team members. See -> https://getmonero.org/knowledge-base/people

I'll ask him to comment on this.

I appreciate that. No matter what the answer is to my privacy related (viewkey) question, this tool plus a cold storage wallet seems more secure than using mymonero.com for verifying receipt of Monero payments.

Thank you luigi1111
legendary
Activity: 2268
Merit: 1141
February 21, 2016, 03:42:55 PM
Friendly reminder for everyone, the work and activity on the GUI can be followed here:

https://github.com/mbg033?tab=activity

https://github.com/mbg033/monero-core

https://github.com/mbg033/bitmonero

Aha, so work has already fully started. Thanks for sharing the links.

May I suggest posting the links to the funding page as well, since I was under the (naive) impression nothing was happening yet.

Except from https://github.com/mbg033/bitmonero, they are all in the OP. I'll ask othe if he can add that one as well.

Will the new GUI offer the ability to use the view key function for Monero cold storage wallets?

I think it will, I'll ask about it later. Also, you can already check if your funds arrived safely at your (cold) wallet address using this tool:

First, make sure to save the transaction hash shapeshift, an exchange, or simplewallet provided you with. Subsequently, you can use the following tool:

http://xmrtests.llcoins.net/checktx.html

Fill in your address, the viewkey that belongs to the address (Moneroaddress provides this), and the transaction hash of the specific transaction. It should show you something like: "These outputs are yours". The sum of those outputs should be equal to the amount that was sent. I suggest using a test amount first to try out the tool and get a bit familiar with it.

Using this tool you can be certain that your funds arrived safely at your wallet.

That tool is perfect. Thank you for making me aware of it. I trust the message the message below but want to learn how it works.

Note: this site operates completely on client-side Javascript; no data is ever sent to the web server.
Big thanks to MoneroBlocks for the transaction data API, without which this page would not work.


If this means no data is sent to the http://xmrtests.llcoins.net server what about the MoneroBlocks server? I know data must be pulled from from MoneroBlocks in order for the viewkey to work. What data must be sent to MoneroBlocks to make that happen? Does MoneroBlocks have the ability to associate viewkeys with the IP address of the party making a request for data?

It's luigi1111's website, who is one of the core-team members. See -> https://getmonero.org/knowledge-base/people

I'll ask him to comment on this.
sr. member
Activity: 308
Merit: 250
February 21, 2016, 03:39:25 PM
Friendly reminder for everyone, the work and activity on the GUI can be followed here:

https://github.com/mbg033?tab=activity

https://github.com/mbg033/monero-core

https://github.com/mbg033/bitmonero

Aha, so work has already fully started. Thanks for sharing the links.

May I suggest posting the links to the funding page as well, since I was under the (naive) impression nothing was happening yet.

Except from https://github.com/mbg033/bitmonero, they are all in the OP. I'll ask othe if he can add that one as well.

Will the new GUI offer the ability to use the view key function for Monero cold storage wallets?

I think it will, I'll ask about it later. Also, you can already check if your funds arrived safely at your (cold) wallet address using this tool:

First, make sure to save the transaction hash shapeshift, an exchange, or simplewallet provided you with. Subsequently, you can use the following tool:

http://xmrtests.llcoins.net/checktx.html

Fill in your address, the viewkey that belongs to the address (Moneroaddress provides this), and the transaction hash of the specific transaction. It should show you something like: "These outputs are yours". The sum of those outputs should be equal to the amount that was sent. I suggest using a test amount first to try out the tool and get a bit familiar with it.

Using this tool you can be certain that your funds arrived safely at your wallet.

That tool is perfect. Thank you for making me aware of it. I trust the message below but want to learn how it works.

Note: this site operates completely on client-side Javascript; no data is ever sent to the web server.
Big thanks to MoneroBlocks for the transaction data API, without which this page would not work.


If this means no data is sent to the http://xmrtests.llcoins.net server what about the MoneroBlocks server? Data must be pulled from MoneroBlocks in order for the viewkey to work. What data must be sent to MoneroBlocks to make that happen? Does MoneroBlocks have the ability to associate viewkeys with the IP address of the party making a request for data?
legendary
Activity: 2268
Merit: 1141
February 21, 2016, 03:29:16 PM
Friendly reminder for everyone, the work and activity on the GUI can be followed here:

https://github.com/mbg033?tab=activity

https://github.com/mbg033/monero-core

https://github.com/mbg033/bitmonero

Aha, so work has already fully started. Thanks for sharing the links.

May I suggest posting the links to the funding page as well, since I was under the (naive) impression nothing was happening yet.

Except from https://github.com/mbg033/bitmonero, they are all in the OP. I'll ask othe if he can add that one as well.

Will the new GUI offer the ability to use the view key function for Monero cold storage wallets?

I think it will, I'll ask about it later. Also, you can already check if your funds arrived safely at your (cold) wallet address using this tool:

First, make sure to save the transaction hash shapeshift, an exchange, or simplewallet provided you with. Subsequently, you can use the following tool:

http://xmrtests.llcoins.net/checktx.html

Fill in your address, the viewkey that belongs to the address, and the transaction hash of the specific transaction. It should show you something like: "These outputs are yours". The sum of those outputs should be equal to the amount that was sent. I suggest using a test amount first to try out the tool and get a bit familiar with it.

Using this tool you can be certain that your funds arrived safely at your wallet.
sr. member
Activity: 308
Merit: 250
February 21, 2016, 03:25:22 PM
Friendly reminder for everyone, the work and activity on the GUI can be followed here:

https://github.com/mbg033?tab=activity

https://github.com/mbg033/monero-core

https://github.com/mbg033/bitmonero

Aha, so work has already fully started. Thanks for sharing the links.

May I suggest posting the links to the funding page as well, since I was under the (naive) impression nothing was happening yet.

Except from https://github.com/mbg033/bitmonero, they are all in the OP. I'll ask othe if he can add that one as well.

Will the new GUI offer the ability to use the view key function for Monero cold storage wallets?
legendary
Activity: 2268
Merit: 1141
February 21, 2016, 03:16:19 PM
Friendly reminder for everyone, the work and activity on the GUI can be followed here:

https://github.com/mbg033?tab=activity

https://github.com/mbg033/monero-core

https://github.com/mbg033/bitmonero

Aha, so work has already fully started. Thanks for sharing the links.

May I suggest posting the links to the funding page as well, since I was under the (naive) impression nothing was happening yet.

Except from https://github.com/mbg033/bitmonero, they are all in the OP. I'll ask othe if he can add that one as well.
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
February 21, 2016, 03:06:26 PM
Friendly reminder for everyone, the work and activity on the GUI can be followed here:

https://github.com/mbg033?tab=activity

https://github.com/mbg033/monero-core

https://github.com/mbg033/bitmonero

Aha, so work has already fully started. Thanks for sharing the links.

May I suggest posting the links to the funding page as well, since I was under the (naive) impression nothing was happening yet.
legendary
Activity: 2268
Merit: 1141
February 21, 2016, 02:05:50 PM
Friendly reminder for everyone, the work and activity on the GUI can be followed here:

https://github.com/mbg033?tab=activity

https://github.com/mbg033/monero-core

https://github.com/mbg033/bitmonero

donator
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
February 21, 2016, 01:58:14 PM
https://www.reddit.com/r/ethereum/comments/46vam5/ring_signatures_and_decomposing_the_economics_of/

Vitalik working hard on ETHEREUM ring signatures dApp. Couple of months left for Monero before it becomes obsolete.

Well then thank goodness Monero is so much more than a one trick ... err ... pony.

Also: PoS, lolzworthy at best. Just like you! No wonder you like it:)
legendary
Activity: 1092
Merit: 1000
February 21, 2016, 01:34:06 PM
https://www.reddit.com/r/ethereum/comments/46vam5/ring_signatures_and_decomposing_the_economics_of/

Vitalik working hard on ETHEREUM ring signatures dApp. Couple of months left for Monero before it becomes obsolete.

Thank you for borrowing my coins with higher rates.
legendary
Activity: 1456
Merit: 1000
February 21, 2016, 12:53:27 PM
https://www.reddit.com/r/ethereum/comments/46vam5/ring_signatures_and_decomposing_the_economics_of/

Vitalik working hard on ETHEREUM ring signatures dApp. Couple of months left for Monero before it becomes obsolete.

lol

ETH-ringsigs doesn't solve the "Satoshi Coin Problem":

if a big holder of ETh moves his coins to a ring sig dApp, we can actually see his coins moving in. this taints his coins
also, transparent transactions will probably still be possible. Mixing isn't enforced on Ethereum-network

In addition, that thread doesn't show any development progress whatsoever. Also, we have been over this a few times with primer, so no need to start an endless discussion again.

Sounds like someone is bottom-sore because they missed the train.
legendary
Activity: 2268
Merit: 1141
February 21, 2016, 12:43:29 PM
https://www.reddit.com/r/ethereum/comments/46vam5/ring_signatures_and_decomposing_the_economics_of/

Vitalik working hard on ETHEREUM ring signatures dApp. Couple of months left for Monero before it becomes obsolete.

lol

ETH-ringsigs doesn't solve the "Satoshi Coin Problem":

if a big holder of ETh moves his coins to a ring sig dApp, we can actually see his coins moving in. this taints his coins
also, transparent transactions will probably still be possible. Mixing isn't enforced on Ethereum-network

In addition, that thread doesn't show any development progress whatsoever. Also, we have been over this a few times with primer, so no need to start an endless discussion again.
legendary
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
February 21, 2016, 12:39:07 PM
https://www.reddit.com/r/ethereum/comments/46vam5/ring_signatures_and_decomposing_the_economics_of/

Vitalik working hard on ETHEREUM ring signatures dApp. Couple of months left for Monero before it becomes obsolete.

lol

ETH-ringsigs doesn't solve the "Satoshi Coin Problem":

if a big holder of ETh moves his coins to a ring sig dApp, we can actually see his coins moving in. this taints his coins
also, transparent transactions will probably still be possible. Mixing isn't enforced on Ethereum-network
legendary
Activity: 1092
Merit: 1000
February 21, 2016, 12:28:26 PM
https://www.reddit.com/r/ethereum/comments/46vam5/ring_signatures_and_decomposing_the_economics_of/

Vitalik working hard on ETHEREUM ring signatures dApp. Couple of months left for Monero before it becomes obsolete.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
February 21, 2016, 11:48:58 AM
The fact we're experiencing a fast and heavy BTC dump makes me confident that we will retest 240-260k soon...

Call me pedantic but I'd hardly call a $7 drop on a $77 advance a dump. Below $400 would be a dump.
Probably you need to factor volume quite heavily when defining "dump", to accommodate ordinary use of the word.  On a price basis, the conventional nomenclature has 10%+ down constituting a "correction" and 20%+ constituting a "bear market”, although there are various problems with those naïve 1-d criteria as well.
Jump to: