Topic: [XMR] Monero Speculation - page 871. (Read 3314350 times)

Thank heavens for the ignore button.

Also interesting to see who are the sponsors behind Zcash: http://zerocash-project.org/about_us

Edit: Oops, it's about Zcoin now.

Zcoin has nothing on Monero. Please post somewhere else. All of you are here only to make profit in bitcoins by hyping Zcoin which is being built and developed by 2 Asians of questionable capabilities and intentions in the community. The Monero developers and contributers are here for the research and to see if it is possible to scale an anonymous cryptocoin with the use of the technology available to them.

So we moved down with bitcoin, but we aren't going back up with it as much.

Will that mean back to the tradition rise on next BTC dip ?

As far as I can tell, support for other languages (including chinese) already exists in github. I suspect the reason that they have not been released yet is because they want to sort out all the existing bugs - large and small - in the GUI. Once the bugs are fixed then support for other languages will likely be released. It's hard enough trying to answer question/issues/queries regarding the beta GUI in English. Can you imagine trying to answer them in another language(s)?

Not at all. I use both Trezor and Nano S and they are both very good hardware wallets. I have a personal preference for Trezor since I bought one of the first ones but really you may as well save $35 and buy the Nano S. Both will serve you well.

Which ever you choose remember that hardware breaks so buy a spare. Over the years I have had one Trezor quit working. No problems with Nano S so far. You will see Monero support on Ledger before Trezor it is already on their roadmap.

I read a lot of good things about the Nano Ledger S and they are planing monero support.

Is there anything wrong with it?

That is true.
They are providing the hardware which is secure enough for my use.
Nano ledger I have not used but nobody seems to like it.

I agree, maybe we can make a moneypot and start giving monero some extra publicity in chinese lenguage/market. Investment shouldn't be expensive.... and there is nothing much to loose doing that....

Hey anyone know if/when we should expect the GUI to have added language support done, particularly CHINESE??

Aminorex posted a comment in a ZeroHedge article yesterday (plugging Monero to the folks over there) and made a good point: unless and until the GUI has chinese support I don't think we'll see any big pile-in to XMR from China.

Especially now with the PBOC looking to crack down on bitcoin, same as in the USA with the IRS sniffing around coinbase, it is looking more and more lately like actual real normal people are gonna NEED to start using Monero instead of -- or at least in addition to -- bitcoin.  

IMHO this more than anything else will drive usage and price appreciation.

So, there's gonna be some time yet to accumulate "cheap moneroj" at least up to when the chinese version of the GUI is available... but is there any time frame, ETA, for *when* we can expect to see that?

P.S. If someone can do the work for this, I'd personally contribute to a FFS to get it done ASAP.  It's important.

Why do you think Monero would be any different to any other mining? the costs are hw and electricity (+infrastructure ofc)

If it grows, then the people who can make the most will be those with free or cheap electricity. Making mining more appealing in those areas and leading to the centralisation (of sorts) that you describe

They are basically saying... you do the work we get the profit!

I contacted to the support of Trezor to make a Trezor for Monero.
Here is the answear I got from them:

Hello TrueCryptonaire,

Thank you for contacting SatoshiLabs customer support. I'm happy to help you.

At first please let me tell you that we are sorry about the whole Monero situation.

We are a small company with limited resources (both in terms of manpower and money). At this moment we are focusing on a brand new version of TREZOR with plenty of new features. TREZOR 2 will bring a lot of new potential for developers who want to work on their own projects built on top of the TREZOR 2 code, as it’s software stack will be significantly from the way it is currently in TREZOR 1. In the meantime, we are maintaining the code for the first version of TREZOR.

When it comes to TREZOR 1, we have to be completely sure about the code submitted to its official firmware, as the security and the integrity of the firmware is our responsibility. We always do our best to release things and features which are systematically done and make sense. The unofficial Monero TREZOR firmware did not meet our quality standards, and therefore we halted the merging process into the official firmware while providing feedback to the developer who was working on it. No adjustments have been made since then. Instead, arguments erupted on the social networks.

It is a pity, of course, as we would like to have Monero support implemented into the official TREZOR firmware. We are keen to help the Monero community, as we see a lot of interest in it. At the same time, we receive many requests for integration with different services on a daily basis, and that is why we have to carefully choose our path; we simply can't do everything. If there is a developer for whom it makes the most sense to have Monero implemented into official TREZOR firmware, then go for it, please! Pull requests are always welcome!

Thank you for understanding. Is there anything else I can help you with, please?

Best regards,
Ben
Customer Support

As I understand  Ripple strategy is to give their 100m XRP that they issued years ago to those that will build infrastructure for them. So I guess Bitstamp now got their share.

https://monerohash.com/#network

"Unknown" is either unknown pools, or solo miners. This is based on a total based on network difficulty, and the pools' reported hash rates though.
Dwarfpool reached 50% a week or two ago, apparently from some of their non-Monero miners switching to Monero.

Site is working for me - are you still having issues? Maybe the site was in maintenance mode or something...

better mine monero, it is more profitable at the moment

Although you wanted to advertise buying XZC, you gave me an idea: I will try to mine it for a while, it may give me a bit more profit than usual.
I'll see in a few hours if it was a good idea...


Edit: obviously, I will sell XZC and buy XMR

Does anyone know what the hash rate distribution looks like for Monero? A cursory review of the major mining pools would indicate a more decentralized network structure, as opposed to Bitcoin's over-reliance on cheap manufacturing and electricity costs in China.

Assuming my analysis is true, there is a real potential for XMR to give BTC a good run for its money in 2017 and beyond, in that a) it possesses a more robust network structure, b) has built-in scaling properties not foreseen in the current BTC implementation and c) provides its user base with trust-less anonymity, thereby making it a superior vehicle for individuals looking to circumvent draconian capital control measures taken by corrupt governments like China.

You saw what the Fuck is going on since last days on Zcoin?

Price will explode this week or next week.
I heard a lot of rumours untill now.

Some big player are preparing for a big think.

Just look the blockchain someone send the last hour 175000 XZC to a wallet from bittrex.

https://chainz.cryptoid.info/xzc/block.dws?15923.htm

I think, a big news will come in the next day and than also i think polo launch also...

Who has some BTC to play, may better invest know.... maybe it is a raise like last time XMR