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Showing 20 of 57 results by smfuser
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Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
smfuser
on 15/09/2016, 06:04:27 UTC
Question in regards it to a cold wallet, moneroaddress.

When depositing coins to your cold wallet, you can check to see if you received them. You just have to enter the view key, public address, and tx id on xmr.llcoins.

Now, how can I check if there have been any transactions since you've initially deposited them? Verifying that there hasn't been a hack on your wallet>
There is currently no easy way to do this. However, in the future there might:

https://www.reddit.com/r/Monero/comments/51i0n7/solved_it_hopefully_heres_how_we_can_make_the/
What would be the best currently available (though not easy) way to do this?
First, you'd have to fully sync the blockchain on an online computer. Second, copy simplewallet, bitmonerod, and the blockchain to an USB and plug that into the offline computer. Third, use bitmonerod in offline modus (--offline flag) and it should use the blockchain you have already synced on the online computer. Fourth, use --restore-deterministic-wallet to create a wallet with your seed offline. Lastly, use refresh to sync your wallet. It will refresh up to the last block you have synced online. It should then show all the transactions (both incoming and outgoing) of your offline wallet up to that block.
That's quite an ordeal. I think someone (moneromooo?) was working on a way of getting the key image from a transaction so you can check the spent status using Moneroblocks API... (like Luigi's coin checker)
Note if you are already checking arrival of funds via the checktx page, there's a rather simple way you could generate the key image offline for just the output(s) you care about. This would take only a minute or two and not require syncing the chain or restoring a wallet.

I would need to set up the code to do it though.  Cheesy
That sounds potentially very useful. What information would be required on the offline computer to generate the key images in that simple way without restoring a wallet or syncing the chain?
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Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
smfuser
on 11/09/2016, 03:53:31 UTC
Well anyway free speech, its meaning, and purpose, are super interesting topics that I would love to talk about. But it just feels... wrong... here. That's why we should have an off topic thread.
I agree. If you open one, LMK! Have a good night, and to you nioc!
Thread made.

https://bitcointalk.org/index.php?topic=1611808

And my first comment is directed at you owl.
Anyone else get a weird message when they try to go to the thread?
Do you mean this weird message?: "The topic or board you are looking for appears to be either missing or off limits to you."
Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
smfuser
on 09/09/2016, 16:48:54 UTC
Question in regards it to a cold wallet, moneroaddress.

When depositing coins to your cold wallet, you can check to see if you received them. You just have to enter the view key, public address, and tx id on xmr.llcoins.

Now, how can I check if there have been any transactions since you've initially deposited them? Verifying that there hasn't been a hack on your wallet>
There is currently no easy way to do this. However, in the future there might:

https://www.reddit.com/r/Monero/comments/51i0n7/solved_it_hopefully_heres_how_we_can_make_the/
What would be the best currently available (though not easy) way to do this?
Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
smfuser
on 06/09/2016, 08:58:36 UTC
i made my first darknet Monero purchase, an essential medicine for which i have a prescription. It was cheaper from India. Smooth as silk so far.  High rep vendor, FE, out of band, shipping from India to my country home but mediated by AB.  1 Sept I will try the full AB system.
Is the darknet adaption increasing? I've read numbers of around 5% of the vendors accepting XMR on Alphabay.
I don't know, but FYI Recoon actually copied that post from Aminorex.
Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
smfuser
on 06/09/2016, 08:44:26 UTC
...
If that seed is at all compromised, and who is to say they can't Patriot Act their way into it, then it can be the perfect Trojan Horse for a continuation of their Surveillance State.
Capturing the Zcash seed would allow undetectable unlimited inflation (a potentially major risk for holding Zcash as an investment), but it shouldn't break privacy.
Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
smfuser
on 06/09/2016, 07:37:10 UTC
...
3. The volume was/is huge. At first I took it as proof of artificial manipulation, but now it's at least possible the volume is real growth. If so, we are still much behind the equilibrium value.
...

Why did you initially believe the huge volume was "proof of artificial manipulation"? Did you think Poloniex was involved? Otherwise, could the cost of commissions be justified? What did you believe to be the goal? Why did you then decide "it's at least possible the volume is real growth" and what is your probability estimate? If it has been real, what would be your thoughts now about equilibrium value?
Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
smfuser
on 06/09/2016, 06:47:39 UTC
...
An 600 million $ marketcap increase for sure does not mean that there were 600 $ dollar invested in bitcoin .... marketcap = total number of coins * current market price ... an increase in the marketcap is not an indicator of how much new money is invested. (You could say that there is new money, but for sure you could not tell that it is 600 millon $.)

Most in here know that, and you seem to be new in here (from your post count) ... i realy can't understand that noone is explaining that to you, instead they are cheering your numbers, what the hack is wrong with you guys? noone? realy?
Others already pointed out the original assumption was mistaken. Moreover, you can't even "say that there is new money" with certainty, as the USD/BTC price can rise when existing Bitcoin holders trade the same or smaller amounts (denominated in USD) of BTC with one another at increasingly higher USD/BTC prices, with no addition of new money.
Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
smfuser
on 06/09/2016, 06:23:39 UTC
What potential conflict of interest were you referring to? What do you believe to be Roger Ver's true motive? Do you believe he made a substantial investment in Monero, which was more than in any other altcoin?
Roger Ver is an investor in zcash: https://z.cash/team.html
Thanks, I already knew about his investment in the Zcash company, and I wondered whether his supposed claim (according to Bloomberg) that he invested more in Monero than any other altcoin also applied to that Zcash investment. If that was the potential conflict of interest tifozi meant, I still wonder what tifozi suspected could be Roger Ver's ulterior motive behind his apparent recent public support of Monero. Given that Monero will probably remain a better cryptocurrency to hold than Zcash for the foreseeable future, it wouldn't be surprising if Roger Ver belatedly realized that.
Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
smfuser
on 05/09/2016, 06:16:11 UTC

I agree with the fundamental of xmr but pumps like these in succession will not end up attracting users in the end.

I disagree. XMR at $30-$50 will see far more "investments" ( compared to the current prices) from the network we are talking about here. They won't see it at the moment, and won't let their network see it (scamcoiners that is). Currently the ones who are getting in know exactly what is going on and what is in store for the future. They are not going to make a splash about it. Roger Ver seems to be an exception to this, and I very much doubt his authenticity as well given that this is a potential conflict of interest. He may be genuinely diversifying but hard to say.
What potential conflict of interest were you referring to? What do you believe to be Roger Ver's true motive? Do you believe he made a substantial investment in Monero, which was more than in any other altcoin?
Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
smfuser
on 30/08/2016, 03:55:16 UTC
Aminorex, can you explain how you determine the rational limit of XMR to own?
I think it's counter-productive to own so much that it threatens the value of the currency you do hold.  

My original reasoning was invalid, but I used it for lack of a valid alternative:  There are working local currencies in villages as small as ca.  1000 households.  Thus the greatest lower bound on the number of nodes in a viable economy is, to first approximation on evidence, ~1000.  Therefore, No one should own more than 0.1% of emission in the long-run, or there may not be enough nodes.

Not only is this reasoning invalid, it is also obsolete:  There is now a much broader distribution than there was when I formulated the invalid conclusion.  Due to divisibility, it doesn't matter what share of the float the nodes have, so long as the share is distributed appropriately amongst the nodes of the (sub-)economy.

There remain two considerations which I now deem relevant:

I exercise some restraint simply because I don't think it's healthy for adoption if there is a single person who you can point at and say:  He will benefit disproportionately, if I use this currency.  Why should I act to enrich him?  (Although, in my own case, I think I could make a pretty good argument that you should.  Otherwise I wouldn't bother.)  As long as I am among 50 instead of 5, I think I am not doing much positive harm to the economy.  The farther up the Gini curve you go, the more self-defeating it becomes. Maybe you can predate upon a well-developed economy, and continuously improve yourself by impoverishing others, but in a nascent start-up economy, I doubt it can be done, practically speaking.  You have to contribute as best you can, and help insure a constructive, utile distribution, at least until it bootstraps.  My ability to contribute is constrained by available time, so I can't accumulate too much -- otherwise, my harm to distribution will not be adequately offset by my positive contributions in other areas.  How do you calibrate this?  I haven't tried very hard, but I don't really know how, so I just wing it.  Which makes the constraint perhaps a bit too ... flexible ... for perfect, clear (self-interested OR altruistic) rationality.

A separate fuzzy factor which I weigh together with this:  If I were to have owned too much Monero when it was declining, my courage might have failed, or my wife might have ditched me.  Neither would be an acceptable outcome:  I abhor personal cowardice, and I cherish and respect my wife.  But those are personal factors, and highly subjective, although you can work with them rationally, within some limited domains.
Thanks for the detailed reply. Am I correctly understanding that you originally thought the limit was ~0.1% of emission, but now you think it's ~2%? What figure do you use for emission? Aside from the limit on % of emission, what do you think should be the limit on % of assets allocated to XMR?
Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
smfuser
on 29/08/2016, 22:48:27 UTC
Aminorex, can you explain how you determine the rational limit of XMR to own?
Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
smfuser
on 17/04/2016, 23:59:26 UTC
Compared to the other coins in the top 15 (excluding ETH, LTC, BTC for a moment) XMR has got the best liquidity as far as I can see.
How are you calculating liquidity? Is there an easy way to see a comparison of historical measures of liquidity for the "top" cryptocurrencies (including the ones you excluded above)?
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Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
smfuser
on 17/04/2016, 23:48:39 UTC
No one listens to me  even though I am nearly always correct on the markets. How many examples would you need.
Would you mind making each future market prediction in a binary form (which can be objectively judged as true or false by a specified date) along with a specific numeric probability estimate (which you can subsequently update any time)?
Probabilistic predictions are okay as long as you keep a comprehensive list of all of them. You can then test how many of the "80%" predictions are satisfied relative to the ideal 80%.
Now that you mention it, I'm surprised that someone hasn't done that with Gallup's huge swath of polls.
Nate Silver has been evaluating the quality of pollsters for a long time, as discussed here:
https://fivethirtyeight.com/features/how-fivethirtyeight-calculates-pollster-ratings/
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Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
smfuser
on 17/04/2016, 23:45:39 UTC
No one listens to me  even though I am nearly always correct on the markets. How many examples would you need.
Would you mind making each future market prediction in a binary form (which can be objectively judged as true or false by a specified date) along with a specific numeric probability estimate (which you can subsequently update any time)?
Probabilistic predictions are okay as long as you keep a comprehensive list of all of them. You can then test how many of the "80%" predictions are satisfied relative to the ideal 80%.
Being explicit about the probabilities inherent in all predictions is important if you want them to be evaluated objectively. To measure the accuracy of a forecaster such as Anonymint, you can use a proper scoring rule, such as the Brier score, applied to his complete history of quantified predictions (including any updates).
Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
smfuser
on 17/04/2016, 22:10:52 UTC
The black market alone is estimated to ~650 billion USD.
That estimate seems really low. What do you mean by "black market" and what's the basis for that estimate?
Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
smfuser
on 16/04/2016, 00:20:59 UTC
No one listens to me  even though I am nearly always correct on the markets. How many examples would you need.
Would you mind making each future market prediction in a binary form (which can be objectively judged as true or false by a specified date) along with a specific numeric probability estimate (which you can subsequently update any time)?
Post
Topic
Board Altcoin Discussion
Re: Why the bitmonero/monero Ninjalaunched Cripplemined Fastmine matters
by
smfuser
on 15/04/2016, 05:27:55 UTC
Does everyone in the dash community just throw shit against the wall and hope it sticks?
No there are a few rational and honest ones, but MasterMined710, specifically, is a dishonest and often incoherent scam protector and pumper.
Can you provide some examples of rational and honest people in the Dash community?
Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
smfuser
on 13/04/2016, 00:08:13 UTC
Post
Topic
Board Altcoin Discussion
Re: Monero will probably be the next +10x coin
by
smfuser
on 29/03/2016, 08:11:05 UTC
Since 10 February it has maintained near or above the 2% per day gain line.  Running close for a day or so after the recent correction, and just broke to the upside again.  Run little rabbit run!  Grin
It's rumored to be a mustang.

I wonder what would happen to XMR (and other coins at Poloniex) if ETH drops 90% or more soon.
Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
smfuser
on 29/03/2016, 07:52:48 UTC
There's been much discussion here about current or future coins that might compete with Monero in private value transfer, but I don't recall discussion of MaidSafe / Safe Network, which claims to provide private value transfer without using a blockchain.

I was surprised to see Aminorex mention (long ago) that he owned some MAID at Poloniex. Aminorex, do you still own any, or were you just trading it back then? Is it worth spending time to investigate their claims seriously?