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Monero (XMR) thread
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Kona Offline
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Post: #176
RE: Monero (XMR) thread
My crypto career has ended.

Aloha!
04-07-2018 04:21 AM
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godfather dust Away
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Post: #177
RE: Monero (XMR) thread
(04-07-2018 04:21 AM)Kona Wrote:  My crypto career has ended.

Aloha!

Same here. It never really started, I had a little less than .8 btc from ancient shit sold in January (not a trader) but the money left to be made is for inside traders only, this shit is dead. I was going to buy in 6-7000 but hell no.

Should change the crypto sub to general tech.
04-07-2018 12:13 PM
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SamuelBRoberts Offline
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Post: #178
RE: Monero (XMR) thread
(04-07-2018 04:21 AM)Kona Wrote:  My crypto career has ended.

Aloha!

A very sad moment.

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04-07-2018 01:34 PM
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redbeard Offline
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Post: #179
RE: Monero (XMR) thread
(04-07-2018 01:34 PM)SamuelBRoberts Wrote:  
(04-07-2018 04:21 AM)Kona Wrote:  My crypto career has ended.

Aloha!

A very sad moment.

How do you say "goodbye" in Hawaiian?

Aloha! doesn't seem fitting for this occasion.

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04-07-2018 01:50 PM
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Kona
Kona Offline
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Post: #180
RE: Monero (XMR) thread
I still love Samseau. We are still dating.

Unfortunately, if any of you need ransom, or some fake Gucci purses, my monero has been sold. No more dark web purchasing power.

Another form of goodbye in Hawaiian is A hui ho, which is "until we meet again" but in this case we will not. My nano ledger is going in the fire.

Aloha!
04-07-2018 04:28 PM
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redbeard Offline
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Post: #181
RE: Monero (XMR) thread
"WHITE SUPREMACISTS ARE INVESTING IN A CRYPTOCURRENCY THAT PROMISES TO BE COMPLETELY UNTRACEABLE"

What fuckin idiots

http://www.newsweek.com/white-supremacis...oin-861104

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04-07-2018 04:29 PM
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Genghis Khan Offline
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Post: #182
RE: Monero (XMR) thread
This might be bad news for anonymous coins like Monero. Could potentially trigger other nations to follow suit:

https://www.ccn.com/japan-is-pressuring-...eport/amp/

Quote:Japan’s Financial Services Agency (FSA) is pressuring local cryptocurrency exchanges to de-list privacy-centric altcoins such as Monero, Zcash, and Dash.

Writing in Forbes, Tokyo-based journalist Jake Adelstein reports that sources close to the FSA say the regulatory agency — which has sole authority to grant licenses to cryptocurrency exchanges — is “taking all available steps” to pressure domestic trading platforms to drop support for altcoins that tout the ability for users to make anonymous transactions.

The FSA claims that these cryptocurrencies, which are generally much more difficult to track than Bitcoin (though in some cases still possible, due to user error and other factors), have become too closely linked with the criminal underworld.

Monero, for instance, is increasingly associated with “cryptojacking” attacks, where hackers infect computers with malware that hijack CPUs and use them to mine cryptocurrency.

...

As CCN reported, Japan’s licensed cryptocurrency exchanges recently formed a self-regulatory body that will have enforcement power over its members. Among other things, the organization may curate a whitelist of cryptocurrencies that exchanges are allowed to list, which would provide the FSA with an easy avenue to pressure exchanges to de-list cryptoassets of which it does not approve without having to codify the prohibition into official policy.

All the more reason for decentralized exchanges

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04-30-2018 11:34 AM
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Sidney Crosby Offline
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Post: #183
RE: Monero (XMR) thread
If I have some XMR on Binance will I be able to participate in the Monero V fork?
04-30-2018 04:02 PM
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redbeard Offline
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Post: #184
RE: Monero (XMR) thread
(04-30-2018 11:34 AM)Genghis Khan Wrote:  This might be bad news for anonymous coins like Monero. Could potentially trigger other nations to follow suit:

https://www.ccn.com/japan-is-pressuring-...eport/amp/

Quote:Japan’s Financial Services Agency (FSA) is pressuring local cryptocurrency exchanges to de-list privacy-centric altcoins such as Monero, Zcash, and Dash.

Writing in Forbes, Tokyo-based journalist Jake Adelstein reports that sources close to the FSA say the regulatory agency — which has sole authority to grant licenses to cryptocurrency exchanges — is “taking all available steps” to pressure domestic trading platforms to drop support for altcoins that tout the ability for users to make anonymous transactions.

The FSA claims that these cryptocurrencies, which are generally much more difficult to track than Bitcoin (though in some cases still possible, due to user error and other factors), have become too closely linked with the criminal underworld.

Monero, for instance, is increasingly associated with “cryptojacking” attacks, where hackers infect computers with malware that hijack CPUs and use them to mine cryptocurrency.

...

As CCN reported, Japan’s licensed cryptocurrency exchanges recently formed a self-regulatory body that will have enforcement power over its members. Among other things, the organization may curate a whitelist of cryptocurrencies that exchanges are allowed to list, which would provide the FSA with an easy avenue to pressure exchanges to de-list cryptoassets of which it does not approve without having to codify the prohibition into official policy.

All the more reason for decentralized exchanges

LocalBitcoins has XMR/JPY pair.

No brakes.

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04-30-2018 04:14 PM
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redbeard Offline
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Post: #185
RE: Monero (XMR) thread
(04-30-2018 04:02 PM)Sidney Crosby Wrote:  If I have some XMR on Binance will I be able to participate in the Monero V fork?

Don't participate in any of the upcoming forks. They're all scams and will compromise your private keys, opening up vulnerabilities in not only your funds, but the security of the entire network.

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04-30-2018 04:15 PM
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Sidney Crosby Offline
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Post: #186
RE: Monero (XMR) thread
^ I don't understand all details but couldn't I start a new Monero wallet just for the fork and then after everything is done transfer everything back to a different wallet or sell my monero and be totally safe?

I just received a reply from Binance

Our principle regarding coin fork and candy airdrop.
1. Normally, Binance does not support coinfork and candy airdrop.
2. If there is any that we decide to support , an announcement will be issued at least 7 days in advance.
3. Forked coins also need to go through standard listing application procedure and trade will be open only if they get approved.
04-30-2018 04:20 PM
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redbeard Offline
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Post: #187
RE: Monero (XMR) thread
In that case, they would still be able to take your money when you submit your initial private keys.

Also, submitting your your private key compromises ring security.

Read this:

https://medium.com/@tweetingpauls/beware...5a0bf1fccf

and this:

https://www.reddit.com/r/Monero/comments...to_enrich/

The /r/monero community is the BEST crypto subreddit around. The devs pop in and answer questions all the time.

The fact that your money is on Binance signals that you don't have much. I understand you want to make some sick gains, but there are other ways than fork hunting.

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04-30-2018 04:27 PM
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Sidney Crosby Offline
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Post: #188
RE: Monero (XMR) thread
Thanks, seems kind of risky.
(This post was last modified: 04-30-2018 05:05 PM by Sidney Crosby.)
04-30-2018 04:45 PM
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redbeard Offline
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Post: #189
RE: Monero (XMR) thread
It's risky. Don't do it.

Not all forks are bad. For example the BCash fork, I was able to get the funds off my Ledger. No one had access to my private keys.

If MyMonero was supporting this fork, this would be a different story, and I'd be right there with you dumping my forked shitcoins LOL

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(This post was last modified: 05-01-2018 08:59 AM by redbeard.)
05-01-2018 08:59 AM
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Samseau Offline
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Post: #190
RE: Monero (XMR) thread
Monero hitting big lows at .018... I think it will go lower, I'll feel like a fool if it doesn't, but I'm waiting to buy in right now. If it goes below .015 I'll definitely buy. The thing is, historically Monero goes to the moon after being low for awhile, so it's risky not to buy in now. At the same time BTC has continued to perform well (as I thought it would) and so I am hesitant to sell BTC just yet. I'll be keeping an eye on the price every day right now.

Contributor at Return of Kings. You can follow me on Twitter.

Be sure to check out the easiest mining program around, FreedomXMR.
06-18-2018 02:58 PM
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Giacomo Casanova Offline
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Post: #191
RE: Monero (XMR) thread
Monero holds the line well during bear markets. I wouldn't be surprised to see its ranking going up above Cardano and Stellar.
08-13-2018 07:22 AM
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Samseau Offline
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Post: #192
RE: Monero (XMR) thread
Just went all in on Monero at ~.0138... I hope this is the buying opportunity I thought it'd be!

Contributor at Return of Kings. You can follow me on Twitter.

Be sure to check out the easiest mining program around, FreedomXMR.
08-24-2018 01:18 PM
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Mikestar Offline
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Post: #193
RE: Monero (XMR) thread
I have been reading on crypto on a while but I am a beginner and have never purchased any in my life yet. I set up Coinbase, finance and a mymonero wallet and I would like to buy some Monero. I want to buy and sell in British pounds, can anyone advise me on what the best method for this would be? Is it better to buy some bitcoin and then buy it off finance?

Another question I have is if I deposit in British Pounds is it wise to trade in Euros for example or will there be an exchange commission applied?
11-29-2018 10:56 AM
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The Grey Offline
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Post: #194
RE: Monero (XMR) thread
(11-29-2018 10:56 AM)Mikestar Wrote:  I have been reading on crypto on a while but I am a beginner and have never purchased any in my life yet. I set up Coinbase, finance and a mymonero wallet and I would like to buy some Monero. I want to buy and sell in British pounds, can anyone advise me on what the best method for this would be? Is it better to buy some bitcoin and then buy it off finance?

Another question I have is if I deposit in British Pounds is it wise to trade in Euros for example or will there be an exchange commission applied?

Coinbase is great for your first crypto purchase using an insignificant amount for the purpose of seeing what happens. They have great user experience compared to others. But stop using coinbase after that. The reason is they charge almost 4% every time you either buy or sell.

I advise you to set up an account at Kraken, complete their verification process and do a sepa bank transfer (Normally takes working 1 day within europe). Then buy Monero here with 0.16-0.2% fees. Then send to your wallet.

If you wish to do this anonuomusly instead, use localbitcoin.
11-30-2018 02:01 AM
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Mikestar Offline
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Post: #195
RE: Monero (XMR) thread
(11-30-2018 02:01 AM)The Grey Wrote:  
(11-29-2018 10:56 AM)Mikestar Wrote:  I have been reading on crypto on a while but I am a beginner and have never purchased any in my life yet. I set up Coinbase, finance and a mymonero wallet and I would like to buy some Monero. I want to buy and sell in British pounds, can anyone advise me on what the best method for this would be? Is it better to buy some bitcoin and then buy it off finance?

Another question I have is if I deposit in British Pounds is it wise to trade in Euros for example or will there be an exchange commission applied?

Coinbase is great for your first crypto purchase using an insignificant amount for the purpose of seeing what happens. They have great user experience compared to others. But stop using coinbase after that. The reason is they charge almost 4% every time you either buy or sell.

I advise you to set up an account at Kraken, complete their verification process and do a sepa bank transfer (Normally takes working 1 day within europe). Then buy Monero here with 0.16-0.2% fees. Then send to your wallet.

If you wish to do this anonuomusly instead, use localbitcoin.

Thanks a lot
11-30-2018 02:11 AM
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Giacomo Casanova Offline
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Post: #196
RE: Monero (XMR) thread
Great choice to buy Monero at those prices! Real bergain.
11-30-2018 05:03 AM
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Vincent Chase Offline
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Post: #197
RE: Monero (XMR) thread
(11-30-2018 05:03 AM)Giacomo Casanova Wrote:  Great choice to buy Monero at those prices! Real bergain.

What does it do?
11-30-2018 01:05 PM
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SamuelBRoberts Offline
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Post: #198
RE: Monero (XMR) thread
It's like all other alts, basically leveraged BTC. If BTC goes up you'll make more money than you did if you just bought BTC, but if BTC goes down you'll lose more money.

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11-30-2018 01:12 PM
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The Grey Offline
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Post: #199
RE: Monero (XMR) thread
(11-30-2018 01:05 PM)Vincent Chase Wrote:  
(11-30-2018 05:03 AM)Giacomo Casanova Wrote:  Great choice to buy Monero at those prices! Real bergain.

What does it do?

Like Bitcoin, anyone can send or receive transactions. Unlike Bitcoin, none can tell the source, destination or amount.

One of my favorite dev teams as well. They recently did a big upgrade resulting in a 30x reduction in transaction fees.
11-30-2018 09:32 PM
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Post: #200
RE: Monero (XMR) thread
What do you guys think about the current price as an entry into Monero for a newb?
12-04-2018 10:59 PM
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