Slightly OT here.

Has anyone used the trading platform on WhaleClub.co before?
Any experiences to share. Yay or Nay?

Thanks.

Hello Dargo,


I managed to get my issue resolved today.

Thanks much and grateful for you and your colleagues help.

Cheers and good day to you.

A thoughtful article on BTC and DRELM (dash, ripple, eth, litecoin, monero).
Link - https://www.technologyreview.com/s/607947/the-cryptocurrency-market-is-growing-exponentially

May I propose a new mnemonic "DREAM" comprising of dash, ripple, eth, aeon, monero.

These fab five are selected solely due to their names ability to form a coherent 5-letter word, and is not an endorsement of their fundamentals.

This will be crypto's version of FANG (facebook, amazon, netflix, google) made popular in mainstream media.

Remember guys, you heard it here first.

Hello Dargo,

I sent you a PM regarding my ticket.

Thank you for all your help.

I've used English and Mandarin since young, but have not attempted a translation before.
Here is my small contribution; a Mandarin-to-English direct translation entirely done by hand :-

===   ===   ===

In the past few weeks, Monero has received much attention from the digital-currency scene.
Not only has the value of XMR spiked up recently, it has also garnered the acceptance from DNM.
The developers of XMR have announced an upcoming hardfork, where it will bring about some changes to the current Monero ecosystem.

The hardfork will take effect from 21st September onwards. Users and miners will need to update their client software, to ensure that they are aligned with the latest version.
Even though there are no obvious changes on the surface, the hardfork will bring about some exciting changes underneath the hood.

The Monero network will enforce splitting of the coinbase* transactions, in order to prevent incompatible inputs.
To put it in layman's terms, it simply means that miners will be able to mine in a completely anonymous manner.
Currently, under the opt-in environment, miners are unable to obtain complete privacy.

Monero Will Receive Great Changes

The vast majority of XMR miners are already wel-prepared for this upcoming update. Solo miners will need to update their software version to 0.9.x.
Those who are already using the aforementioned version will not need to update further, in order to support previous supported coinbase transactions.

Version 0.10.0 will soon be available for distribution, which will also introduce RingCT for the first time, such RingCT transactions will feature privacy for users.
The actual amount spent on transactions will be completely private; this is a unique feature amongst current digital currencies.

In the foreseeable future, users will be able to choose between normal and RingCT transactions. Not all users of XMR will want to keep their transactions private.
However, when the hardfork reaches version 5, users will not be able to proceed with normal transactions.
This is to ensure that the entire Monero network will be completely anonymous and private; this is a major goal for Monero.

Monero will undergo constant changes on a regular basis, there will not be a final end-point.
The developers remain extremely optimistic going forward towards the first quarter of 2017.
The official GUI will be available soon, because many have been enquiring on the availability of the wallet.
Monero will also subsequently incorporate multi-signature and RingCT features.

As XMR inexorably moves towards complete privacy, it is certainly exciting peering into the future of such a digital currency.


(* : not to be confused with Coinbase.com, the bitcoin trading platform)

===   ===   ===


All translation issues and errors are entirely mine.

I see. Sounds logical. Thanks.

I sure hope that its merely for convenience reasons and not for any fundamental issues.
I may be overthinking this though.

Really appreciate if we could know the reason, as many of us use Shapeshift.

Any particular reason why is the upcoming GUI integrated with XMR.to and not Shapeshift?

There seems to be differences between xmr.to and shapeshift which are significant enough for XMR developers to use the former...

Let's maintain harmony in this thread guys.
Let me add some humour to this thread.

(F1 2016 season, mainly)

BTC is like Kimi Raikonnen - has been around for a long time, consistent and steady, but the peak may be behind him

LTC is like Jenson Button - everyone knows who he is, but quite possibly past his prime, is his long-time girlfriend the reason?

XMR is like Max Verstappen - up-and-coming child-prodigy driver, the most promising since Lewis Hamilton, but will he ever get a better car?

ETH is like Nico Rosberg - he is at the top simply because he was in the right place in the right car at the right time (ahem)

Other altcoins is like Sebastien Vettel - the masses scurry to him when he wins, but when he fails to make the podium, he blames everyone except himself



okok I show myself the door.
 

You strengthen the case of why XMR likely will never hit it big.

The only solution is to attract new users, and therefore, new fiat inflows into XMR.

This will expand the overall pie.

XMR cannot just pull in existing BTC owners, otherwise XMR will forever be inversely correlated with BTC.
XMR needs to stand on its own two feet, to depeg and decouple itself from all *coins.

Just like how BTC broke past US$1,000 after the Chinese bought BTC en masse, so does XMR need to attract new fund inflows.
Otherwise all we are doing is merely rotating ownership of coins from the same group of players, over and over again.

I wanted to use F1 racing (2016 season) as an analogy, but I think some fans of certain drivers will be none too pleased about it.

XMR has now resumed its "unofficial" 1:10 peg to ETH, I think there has to be a rational explanation for this, beyond market forces and invisible hand.

Leicester recently won the EPL championship despite 5000:1 odds, for some reason I suddenly thought about XMR.
What would William Hill offer as bettings odds for XMR reaching a certain price point in 2016?

Regardless, many here are basing their hopes on XMR replicating the performance of BTC in its early years.
One cannot just expect the future to be like the past, based on a statistical sample size of just 1.
BTC may very well be a one-off phenomenon, never to be repeated again.

Will XMR ever have a fairy-tale ending, just like Leicester?
Stay tuned, in 31 Dec 2020.

Looking at the XMRBTC charts on a 3D basis ... the recent underperformance seemed to mirror that of 2Q2015.
It almost looks like a double top with unbreakable resistance at 0.0042.

Accordingly, the posting velocity in this thread has dropped considerably.
Perhaps they have went to chase the pot of gold at the end of the bitcoin rainbow (second rainbow? double rainbow?).

There are too few long-term holders in XMR. Not enough of the new emission is being absorbed by this group.

XMR right now is akin to a share counter with too much free float and insufficient "fundamentally-oriented institutional investors", and it shows in the "share price".

XMRUSD is down to about $0.88 as we speak.

XMR has already "somewhat" decoupled from ETH a few weeks ago.
Not sure if anyone has posted this observation, but XMR/ETH is no longer at 1:10 ratio for some time already.

Michael Novogratz (ex-Fortress Capital) was recently reported to have purchased a significant stake in ETH, citing it as a promising asset (I paraphrase).
One wonders if he has bought more ETH on the way down, or if he has cut his exposure.

Nvidia unveils DGX-1 - The World's First Deep Learning Supercomputer in a Box

http://www.nvidia.com/object/deep-learning-system.html

GPUs : 8x Tesla GP100
TFLOPS (GPU FP16 / CPU FP32) : 170/3
GPU Memory : 16 GB per GPU
CPU : Dual 16-core Intel Xeon E5-2698 v3 2.3 GHz
NVIDIA CUDA® Cores : 28672
System Memory : 512 GB 2133 MHz DDR4 LRDIMM
Storage : 4x 1.92 TB SSD RAID 0
Network : Dual 10 GbE, 4 IB EDR
Software : Ubuntu Server Linux OS, DGX-1 Recommended GPU Driver
System Weight : 134 lbs
System Dimensions : 866 D x 444 W x 131 H (mm)
Packing Dimensions : 1180 D x 730 W x 284 H (mm)
Maximum Power Requirements : 3200W
Operating Temperature Range : 10 - 35 °C

Note : 134 pounds is 60kg.


3200W power requirement ... *whistles*.
My Seasonic PSU definitely won't be able to support this 

There might be potential applications for this in GPU mining, depending on the price of this hardware.

It's pretty clear the big banks just want to use underlying blockchain technology to reduce operating costs and increase efficiency.
They definitely don't intend to use BTC or any altcoins as its not in their best interests to do so.
All the *coins have been stripped out of the equation.

Report on blockchain usage by banks.
Blythe Masters is formerly CIO of JPM and creator of CDS.
One of the more notable female figures in finance.

http://www.c-n-b-c.com/2016/04/06/blockchain-in-banks-a-reality-in-less-than-2-years-blythe-masters.html

EDIT : hey what happened. why does it say "suspicious link removed"? It's a report from CNBC.

EDIT 2 : solved the puzzle. I think bitcointalk blacklisted the "[Suspicious link removed]" domain. Just remove the dashes from CNBC when using the above link.

I have condensed 822 pages of angst into one easy-to-read post.


Current and Future Developments That Will Shape XMR's Future

GUI wallet becomes available
Current Likelihood : 99%
Projected Timeframe : 12 months
Impact on XMR : Bullish

XMR devteam completes all Development Goals and Research Goals
Current Likelihood : 80%
Projected Timeframe : Unknown
Impact on XMR : Bullish

XMR available for trading on major Chinese exchanges
Current Likelihood : 25%
Projected Timeframe : 36 months
Impact on XMR : Very Bullish

Major Online Retailers Accept XMR for Purchases
Current Likelihood : 5%
Projected Timeframe : 60 months
Impact on XMR : Bullish

XMR reported by Mainstream Media
Current Likelihood : 5%
Projected Timeframe : 60 months
Impact on XMR : Bullish

New Cryptonote-based coin developed which is technologically superior to XMR in all aspects
Current Likelihood : 10%
Projected Timeframe : Anytime
Impact on XMR : Bearish

Quantum computing fully matures, defeats all known safe elliptic curves
Current Likelihood : 5%
Projected Timeframe : 30 years
Impact on XMR : Very bearish

XMR slides into oblivion despite significant efforts in technological innovation and marketing
Current Likelihood : 33%
Projected Timeframe : 5 years
Impact on XMR : Existential Problem


More to come ...


All numbers above are derived from reading "Dragon Well" tea-leaves. YMMV. IANAP ("I Am Not A Programmer").
This does not constitute trading advice and has not been vetted for accuracy.
Please consult your friendly* relationship manager at GS/JPM/UBS before making any financial decisions.

* - only when you wave money in front of them

Hello I'm having a problem with updating my blockchain.

I'm using Hydrogen Helix 0.9.1

I was running bitmonerod and it updated the blockchain to -1 day (is that possible)?
Subsequently my computer blue-screen'ed and had a hard crash.

After rebooting and restarting bitmonerod it gave me the following log.

2016-Mar-26 00:01:47.340882 Added IGD port mapping.
2016-Mar-26 00:01:47.340882 P2p server initialized OK
2016-Mar-26 00:01:47.340882 Initializing core rpc server...
2016-Mar-26 00:01:47.340882 Binding on 127.0.0.1:18081
2016-Mar-26 00:01:47.342132 Core rpc server initialized OK on port: 18081
2016-Mar-26 00:01:47.342132 Initializing core...
2016-Mar-26 00:01:47.344632 Loading blockchain from folder C:\ProgramData\bitmonero\lmdb ...
2016-Mar-26 00:01:47.344632 option: fastest
2016-Mar-26 00:01:47.344632 option: async
2016-Mar-26 00:01:47.344632 option: 1000
2016-Mar-26 00:01:47.345882 Deinitializing rpc server...
2016-Mar-26 00:01:47.345882 Deinitializing p2p...
2016-Mar-26 00:01:47.363382 Deinitializing core...
2016-Mar-26 00:01:47.368382 Closing IO Service.
2016-Mar-26 00:01:47.369632 Failed to deinitialize core...
2016-Mar-26 00:01:47.369632 Deinitializing cryptonote_protocol...


After which the service self-terminated.

I will appreciate if anyone can advise how to resolve this issue.

Thanks in advance.

Hello I'm having a problem with updating my blockchain.

I'm using Hydrogen Helix 0.9.1

I was running bitmonerod and it updated the blockchain to -1 day (is that possible)?
Subsequently my com blue-screen and had a hard crash.

After rebooting and restarting bitmonerod it gave me the following log.

2016-Mar-26 00:01:47.340882 Added IGD port mapping.
2016-Mar-26 00:01:47.340882 P2p server initialized OK
2016-Mar-26 00:01:47.340882 Initializing core rpc server...
2016-Mar-26 00:01:47.340882 Binding on 127.0.0.1:18081
2016-Mar-26 00:01:47.342132 Core rpc server initialized OK on port: 18081
2016-Mar-26 00:01:47.342132 Initializing core...
2016-Mar-26 00:01:47.344632 Loading blockchain from folder C:\ProgramData\bitmonero\lmdb ...
2016-Mar-26 00:01:47.344632 option: fastest
2016-Mar-26 00:01:47.344632 option: async
2016-Mar-26 00:01:47.344632 option: 1000
2016-Mar-26 00:01:47.345882 Deinitializing rpc server...
2016-Mar-26 00:01:47.345882 Deinitializing p2p...
2016-Mar-26 00:01:47.363382 Deinitializing core...
2016-Mar-26 00:01:47.368382 Closing IO Service.
2016-Mar-26 00:01:47.369632 Failed to deinitialize core...
2016-Mar-26 00:01:47.369632 Deinitializing cryptonote_protocol...


After which the service self-terminated.

I will appreciate if anyone can advise how to resolve this issue.

Thanks in advance.

Let me know if you guys need any pointers in Chinese, I'm a Chinese speaker (but I'm not China Chinese).