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Topic: [XMR] Monero Speculation - page 894. (Read 3314350 times)

newbie
Activity: 36
Merit: 0
December 27, 2016, 02:49:38 PM
Thanks xmr buyers. im out and now have free btc to do what I wish with. profit so good im going on vacation. Anyone here want to join me with their new found wealth?

You remind me of this guy: https://www.youtube.com/watch?v=RHg8qIKJo1I&t=1s

wow 100k xmr, imagine he still had them today. He's probably crying hard now. But seriously, someone lock in some profits with me and lets go to vegas this weekend and celebrate new years eve there. You wanna join me.
legendary
Activity: 3570
Merit: 1959
December 27, 2016, 02:48:01 PM
Thanks xmr buyers. im out and now have free btc to do what I wish with. profit so good im going on vacation. Anyone here want to join me with their new found wealth?

Nah, I'm sticking around for a lot longer, thanks though and enjoy your vacation, I'm looking more for of a retirement type of deal. Grin
legendary
Activity: 2016
Merit: 1259
December 27, 2016, 02:46:56 PM
Okay so who else just made a bunch of money selling Monero when it hit 0.014 and buying back in?
 Grin
I fucking love trading crypto. So much fun when you cash.
(And so much pain when you lose money lol. Just as bad as a drug habit!)

I did really well trading the August  spike, cashed out enough gains to relax, and promptly lost a huge chunk of what was left.  Currently holding strong against temptation to trade.  I think the drugs may be safer  Tongue
legendary
Activity: 1092
Merit: 1000
December 27, 2016, 02:46:17 PM
Thanks xmr buyers. im out and now have free btc to do what I wish with. profit so good im going on vacation. Anyone here want to join me with their new found wealth?

You remind me of this guy: https://www.youtube.com/watch?v=RHg8qIKJo1I&t=1s
newbie
Activity: 36
Merit: 0
December 27, 2016, 02:43:42 PM
Thanks xmr buyers. im out and now have free btc to do what I wish with. profit so good im going on vacation. Anyone here want to join me with their new found wealth?
legendary
Activity: 2016
Merit: 1259
December 27, 2016, 02:42:37 PM
XMR over $15 here in Canada.  September high was C$20.  2015 was a disaster year for me, 2016 one of the best ever on pretty much every front, despite some major setbacks.  Speculation on 2017?  Let XMR lead the charge!

Yahoo! 2017 XMR will take the lead. Although I don't want Ethereum to die as I also have too many investments under its banner.  Grin

Did I say C$15?  Touched C$18 briefly there   Cool
sr. member
Activity: 434
Merit: 250
December 27, 2016, 02:38:16 PM
Okay so who else just made a bunch of money selling Monero when it hit 0.014 and buying back in?
 Grin
I fucking love trading crypto. So much fun when you cash.
(And so much pain when you lose money lol. Just as bad as a drug habit!)
sr. member
Activity: 362
Merit: 258
December 27, 2016, 02:37:44 PM
touched 13$ , its going fast ... hopefully not a pump and dump scenario ...
legendary
Activity: 981
Merit: 1005
No maps for these territories
December 27, 2016, 02:31:45 PM
Oh lala!

 Grin
sr. member
Activity: 362
Merit: 258
December 27, 2016, 02:30:02 PM
So if i understand correctly, this means if my computer crashed , i can restore the wallet from the 3 wallet files i copied and the mnemonic seed?
and what do you mean with the old version or the new version? are the files in the original folder or the test folder not the same?

thx mate

Actually, you could use either the files or the seed, I just used the files in my example/real life since it's easier.

Old version = monero.win.x64.v0-10-1-0

New version = Beta download with GUI.... Not sure of exact version sorry.

Once you open the old wallet files in the GUI, they seem to change, and a file named something like "wallet.keys.unportable" gets added - I am not sure why or how yet, someone did ask this earlier, but I meant that in case you get corruption like I did, you can just delete the wallet and just re-import the same old wallet file to the new gui, or, if you wanted, go back to v0-10-1-0 and just use the cli if you wanted.

The point is, once you have the files and/or the seed backed up, you theoretically cannot ever lose your XMR. I have tried this numerous times, from both the seed and the wallet files, using just one wallet that I have used for a number of years now - Never had any problems and have corrupted it a few times at least even. Tongue

Thanks, sorry I wasn't clearer! Smiley


thx mate !!!! that is exactly what i wanted to hear " never lose your XMR " Smiley. i will store the 3 wallet files onto several USB disks and keep 1 in my safe, also the mnemonic seed i will store in my safe.
The only thing now is , i want to transfer from POLO to my wallet but on polo it says " invalid payment ID " , can this have something to do that my wallet is still synchronizing daemon?



You should be able to send on not synced wallet. But I suggest you to wait it gets fully synced and first send smaller amount. and once you receive go with full amount.

Monero with difference from Bitcoin that only have address also have a Monero Payment ID.

Monero address looks like this: 47sghzufGhJJDQEbScMCwVBimTuq6L5JiRixD8VeGbpjCTA32noXmi4ZyBZLc44e66NtnKff43fHsGR oyZk3ES1s1V4QVcB

and ID looks like this: 40bfc775e30642c18049e5ef222f1918a7f5fa42960d0179c9c8ad538f2da6f8

When sending from exchange to your personal wallet, ID is not really needed (I am not sure if is optional also).  But when sending Moneros to an exchange or any site where they hold Moneros ( like casino, store, ...)  you always need to include Monero Payment ID.



Thx for all the help guys. I keep u posted once iT is synchronised


XMR over $15 here in Canada.  September high was C$20.  2015 was a disaster year for me, 2016 one of the best ever on pretty much every front, despite some major setbacks.  Speculation on 2017?  Let XMR lead the charge!

2015 was totally normal for me. disaster for me was 2014. But only reason for it was since I just started investing in crypto that year. If I would in 2013 would be totally different story.
legendary
Activity: 2576
Merit: 1860
December 27, 2016, 02:27:33 PM
XMR over $15 here in Canada.  September high was C$20.  2015 was a disaster year for me, 2016 one of the best ever on pretty much every front, despite some major setbacks.  Speculation on 2017?  Let XMR lead the charge!

Yahoo! 2017 XMR will take the lead. Although I don't want Ethereum to die as I also have too many investments under its banner.  Grin
newbie
Activity: 17
Merit: 0
December 27, 2016, 02:26:48 PM
holy shit im sweating like a monkey but ffs it's nice to watch monero price chart live Smiley
legendary
Activity: 2744
Merit: 1288
December 27, 2016, 02:25:25 PM
So if i understand correctly, this means if my computer crashed , i can restore the wallet from the 3 wallet files i copied and the mnemonic seed?
and what do you mean with the old version or the new version? are the files in the original folder or the test folder not the same?

thx mate

Actually, you could use either the files or the seed, I just used the files in my example/real life since it's easier.

Old version = monero.win.x64.v0-10-1-0

New version = Beta download with GUI.... Not sure of exact version sorry.

Once you open the old wallet files in the GUI, they seem to change, and a file named something like "wallet.keys.unportable" gets added - I am not sure why or how yet, someone did ask this earlier, but I meant that in case you get corruption like I did, you can just delete the wallet and just re-import the same old wallet file to the new gui, or, if you wanted, go back to v0-10-1-0 and just use the cli if you wanted.

The point is, once you have the files and/or the seed backed up, you theoretically cannot ever lose your XMR. I have tried this numerous times, from both the seed and the wallet files, using just one wallet that I have used for a number of years now - Never had any problems and have corrupted it a few times at least even. Tongue

Thanks, sorry I wasn't clearer! Smiley


thx mate !!!! that is exactly what i wanted to hear " never lose your XMR " Smiley. i will store the 3 wallet files onto several USB disks and keep 1 in my safe, also the mnemonic seed i will store in my safe.
The only thing now is , i want to transfer from POLO to my wallet but on polo it says " invalid payment ID " , can this have something to do that my wallet is still synchronizing daemon?



You should be able to send on not synced wallet. But I suggest you to wait it gets fully synced and first send smaller amount. and once you receive go with full amount.

Monero with difference from Bitcoin that only have address also have a Monero Payment ID.

Monero address looks like this: 47sghzufGhJJDQEbScMCwVBimTuq6L5JiRixD8VeGbpjCTA32noXmi4ZyBZLc44e66NtnKff43fHsGR oyZk3ES1s1V4QVcB

and ID looks like this: 40bfc775e30642c18049e5ef222f1918a7f5fa42960d0179c9c8ad538f2da6f8

When sending from exchange to your personal wallet, ID is not really needed (I am not sure if is optional also).  But when sending Moneros to an exchange or any site where they hold Moneros ( like casino, store, ...)  you always need to include Monero Payment ID.



XMR over $15 here in Canada.  September high was C$20.  2015 was a disaster year for me, 2016 one of the best ever on pretty much every front, despite some major setbacks.  Speculation on 2017?  Let XMR lead the charge!

2015 was totally normal for me. disaster for me was 2014. But only reason for it was since I just started investing in crypto that year. If I would in 2013 would be totally different story.
legendary
Activity: 2016
Merit: 1259
December 27, 2016, 02:22:09 PM
XMR over $15 here in Canada.  September high was C$20.  2015 was a disaster year for me, 2016 one of the best ever on pretty much every front, despite some major setbacks.  Speculation on 2017?  Let XMR lead the charge!
sr. member
Activity: 514
Merit: 258
December 27, 2016, 01:38:41 PM
If my computer spontaneously combusts after I've installed the GUI and I have my mnemonic seed, will I be able to access my wallet from a new computer?

yes
sr. member
Activity: 362
Merit: 258
December 27, 2016, 01:18:40 PM
So if i understand correctly, this means if my computer crashed , i can restore the wallet from the 3 wallet files i copied and the mnemonic seed?
and what do you mean with the old version or the new version? are the files in the original folder or the test folder not the same?

thx mate

Actually, you could use either the files or the seed, I just used the files in my example/real life since it's easier.

Old version = monero.win.x64.v0-10-1-0

New version = Beta download with GUI.... Not sure of exact version sorry.

Once you open the old wallet files in the GUI, they seem to change, and a file named something like "wallet.keys.unportable" gets added - I am not sure why or how yet, someone did ask this earlier, but I meant that in case you get corruption like I did, you can just delete the wallet and just re-import the same old wallet file to the new gui, or, if you wanted, go back to v0-10-1-0 and just use the cli if you wanted.

The point is, once you have the files and/or the seed backed up, you theoretically cannot ever lose your XMR. I have tried this numerous times, from both the seed and the wallet files, using just one wallet that I have used for a number of years now - Never had any problems and have corrupted it a few times at least even. Tongue

Thanks, sorry I wasn't clearer! Smiley


thx mate !!!! that is exactly what i wanted to hear " never lose your XMR " Smiley. i will store the 3 wallet files onto several USB disks and keep 1 in my safe, also the mnemonic seed i will store in my safe.
The only thing now is , i want to transfer from POLO to my wallet but on polo it says " invalid payment ID " , can this have something to do that my wallet is still synchronizing daemon?

member
Activity: 81
Merit: 10
December 27, 2016, 01:11:01 PM
Did anyone notice already the amount of available XMR is declining ? 
The amount of XMR for sale on polo was ~350.000,  now its down to ~200.000.

Thanx to the GUI i guess  Grin
legendary
Activity: 2268
Merit: 1141
December 27, 2016, 01:07:01 PM
Hey guys,

i am following this thread for a long time now and this is my first post. i am into moneros nearly from the beginning but now i am really
wondering what the best way is to store my coins safely ...

in the GUI or cold storage?

Do i need a new computer that i keep offline if i do it in the GUI?
If i keep in the GUI and my computer crashes, are my coins gone then? or can i recover them on a new computer ?

a little help would be nice , i know this is off topic but you guys are the only ones i want to ask this to as i am following this thread for a while now Smiley

thx in advance

Hi, I have been in your shoes - Here is what I have done.

1. backup all three wallet files & also write down your mnemonic seed
2. Make copies of all of these in different spots/drives etc.
3. Now, I made ANOTHER copy of my 3 wallet files and put them in a new folder called TEST
4. In the GUI, I opened the file as an existing wallet.

Done, right?  Well I thought so too. However, My system rebooted at some point, and my wallet files became corrupt and I could not open them.  Huh  Huh

Normally, panic would ensue. However, I simply deleted my corrupt TEST folder full of wallet files, and recopied the old original files to a new TEST folder and reopened the same wallet in the GUI. Everything is fine again, no worries.  Cool

Point is - You can go back to the old version using this method, or stay on the new, as the original files are all there and so are the seed.

Cheers, and HTH.

So if i understand correctly, this means if my computer crashed , i can restore the wallet from the 3 wallet files i copied and the mnemonic seed?

You don't need both, either of those is sufficient. Also, if you are looking for a cold storage guide, see:

https://www.reddit.com/r/Monero/comments/48cgmd/an_extensive_guide_for_securely_generating_an/

https://www.reddit.com/r/Monero/comments/58fg8g/steps_to_verify_balance_of_a_cold_wallet_while/
legendary
Activity: 3570
Merit: 1959
December 27, 2016, 01:06:25 PM
So if i understand correctly, this means if my computer crashed , i can restore the wallet from the 3 wallet files i copied and the mnemonic seed?
and what do you mean with the old version or the new version? are the files in the original folder or the test folder not the same?

thx mate

Actually, you could use either the files or the seed, I just used the files in my example/real life since it's easier.

Old version = monero.win.x64.v0-10-1-0

New version = Beta download with GUI.... Not sure of exact version sorry.

Once you open the old wallet files in the GUI, they seem to change, and a file named something like "wallet.keys.unportable" gets added - I am not sure why or how yet, someone did ask this earlier, but I meant that in case you get corruption like I did, you can just delete the wallet and just re-import the same old wallet file to the new gui, or, if you wanted, go back to v0-10-1-0 and just use the cli if you wanted.

The point is, once you have the files and/or the seed backed up, you theoretically cannot ever lose your XMR. I have tried this numerous times, from both the seed and the wallet files, using just one wallet that I have used for a number of years now - Never had any problems and have corrupted it a few times at least even. Tongue

Thanks, sorry I wasn't clearer! Smiley
legendary
Activity: 2268
Merit: 1141
December 27, 2016, 01:05:33 PM
Isn't the ONLY thing you REALLY need is the Mnemonic Seed...?

Yes.

I mean, *is* there any actual scenario where you have the seed words and you still cannot get access to your Monero back?  

No, unless you erroneously noted down the 25 word mnemonic seed.
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