Wednesday, November 14, 2018
A Beginner’s Guide to Bitcoin Gold | BTC Wires
A Beginner’s Guide to Bitcoin Gold | BTC Wires
[uncensored-r/BitcoinMarkets] [Daily Discussion] Thursday, November 15, 2018
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- Altcoins Discussion: Altcoin Discussion
[Daily Discussion] Thursday, November 15, 2018
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[Daily Discussion] Thursday, November 15, 2018
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[Daily Discussion] Thursday, November 15, 2018
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- Altcoins Discussion: Altcoin Discussion
[Altcoin Discussion] Thursday, November 15, 2018
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- This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.
- No discussion about specific ICOs. Established coins only.
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[Daily Discussion] Thursday, November 15, 2018
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Bitcoin (BTC) Crash! Price Plummets to One-Year Low as Cryptocurrency Market Sees Red
bitseven.com - Bitcoin (BTC) fell by more than 11 percent on Wednesday to reach its lowest level since October 2017. This sudden fall comes after months of contracting volatility leading to a prolonged period of sideways trading and stability. Presently, numerous theories are circulating as to why the top-ranked cryptocurrency has taken such a nosedive.
Bitcoin “Death Candle”
Looking at the chart below, one can easily make out the massive “death candle” that took the price of Bitcoin all the way down to $5,600. This is the second time that the top-ranked cryptocurrency has fallen below the psychological $6,000 price mark. BTC is now at its lowest point in over a year.
The price crash began with a minor drop that occurred in the late morning period (UTC). However, by mid-afternoon, BTC took a massive slide in a few hours to fall well below the $6,000 mark.
Presently, there isn’t any consensus as to the reason for the sudden price crash. However, there are some theories as to what might be responsible for the fall. These include whale manipulation, bear market breakout, and pressure from the upcoming Bitcoin Cash hard fork.
Speaking to Reuters about the price drop, Cryptocompare chief, Charlie Hayter, said:
The market had been entering a wedge, with the volatility so low. What you are seeing low is a breakout on the downside. Sometimes when things happen, it takes a while for the true reason to become clear – an exchange trade or regulatory action.
Since Q2 2018, BTC maintained a range-bound trading range. During this period, its volatility fell to the lowest level in more than two years. However, despite this stability, many technical indicators pointed to the emergence of an imminent breakout, albeit without stating in which direction.
Given Wednesday’s event, it is apparent that the breakout is a bearish one which plays into the forecasts provided by BitMEX’s Arthur Hayes. Earlier in the year, the BitMEX CEO predicted that the top-ranked cryptocurrency would test $5,000 before the end of the year.
Altcoin Market Plunges
Apart from BTC, the altcoin market is also experiencing similar colossal dumps. All top-ten altcoins are presently in the red as massive selloffs dominate the market. As at press time, Ethereum, the second-ranked cryptocurrency by market capitalization is struggling to stay above $180, falling more than 14 percent. XRP is also another casualty of the market selloff, falling by more than 12 percent.
Outside the top ten, the story is the same for the likes of DASH and IOTA both of which were enjoying stellar runs before the crash albeit unable to break their respective 50-EMA. Even recent highflyer Etheera (ETA) which recorded more than an 80,000 percent increase over the last fortnight is down by more than eight percent.
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[Daily Discussion] Thursday, November 15, 2018
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Interested in Cryptocurrency & Blockchain? - November 30th Elastos Meetup
Hello Everyone,
I am hosting an event at the I-Hotel & Conference center on November 30th, where I will be discussing a very exciting blockchain/cryptocurrency project called Elastos. I will be diving into blockchain/cryptocurrency from a holistic point of view, and will specifically talk about why Elastos is a project that can change our world forever. Elastos teaser video:
In short, Elastos is a revolutionary technology project that features an extremely secure agnostic operating system, a decentralized peer to peer network internet infrastructure, and its own blockchain merged mined with Bitcoin. Bringing these technologies together allows for the creation of the Elastos Smart Web - a more secure internet running on top of the traditional internet.
Additionally, Elastos presents very lucrative opportunities for individuals to get involved in the project. The team is providing nearly half of the total supply (16 million tokens) to fund development, and ultimately grow the ecosystem. The CR100 are 100 various applications that Elastos will give 100k USD for individuals to develop within the Elastos ecosystem.
If you are interested in attending you can RSVP for the event here:
https://www.meetup.com/Elastos-Chicago/events/255675161/
For more information on Elastos:
[Daily Discussion] Thursday, November 15, 2018
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[Daily Discussion] Wednesday, November 14, 2018
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[Daily Discussion] Wednesday, November 14, 2018
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[Daily Discussion] Wednesday, November 14, 2018
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[uncensored-r/Bitcoin] We Haven’t had an Event Like this in a While, so this is for All the New Folks
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[Daily Discussion] Wednesday, November 14, 2018
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[Daily Discussion] Wednesday, November 14, 2018
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[Daily Discussion] Wednesday, November 14, 2018
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Bitcoin Crashes Below $6,000 To 13-Month Lows
Just as the European stock markets werre closing this morning, US Treasury bonds were suddenly aggressively bid (yields tumbled) and at the same time, Cryptocurrencies collapsed with Bitcoin crashing below $6,000 to its lowest since Oct 2017.
Well that escalated quickly...
Crashing it back to its lowest since Oct 2017...
There is no immediate catalyst for today's crash but Cryptovest.com's Christine Masters notes 5 recent factors acting on the price of Bitcoin:
Chaos surrounding Bitcoin Cash: As the Bitcoin Cash (BCH) network prepares for a hard fork which would entail a hostile attempt at a takeover through a 51% attack, the markets started to react with negativity. The potential attack of miners is an event that undermines the narratives of the immutability of digital assets, and shows that in fact networks are fragile and dependent on human behavior. The unknown outcome for BCH and by extension Bitmain may be putting pressure on BTC prices.
Miners giving up: Bitcoin mining is a thin-margin game. BTC prices above $5,800 are the absolute minimum, and some mining operations may not be viable even at higher prices. Miners face high difficulty, and may start to unwind their operations. Selling is essential to miners, to keep covering operating costs.
Trader Exodus to USDT: The latest data from CryptoCompare show that the BTC/USDT pair took up more than 62% of all trading, showing an attempt to leave BTC for a stable-priced coin. In the past couple of weeks, USDT trading was relatively subdued, taking up just 44% of volumes. However, activity on Bitfinex suddenly increased, despite the fact that the effective price of BTC was $330 higher on Bitfinex. USDT has also broken below its dollar peg, once again trading at $0.97 on Kraken. The events are helping exaggerate the fears around Bitcoin’s general stability. However, the USDT still serves as a temporary safe haven, although traders also park their funds in other stablecoins, such as TrueUSD (TUSD) and USDC, which trade above $1.
Additionally, on November 11, the Tether treasury mopped up 70 million USDT from circulation, potentially decreasing liquidity on the Bitfinex exchange. The lower number of USDT available may not be enough right now to spark a significant rally.
Bitmex speculation: Bitmex, an exchange where price and volumes are excluded from general BTC statistics, and trading is highly risky and speculative. Bitmex prices have fallen as low as $6,088, based on derivative activity. The price shows the sentiment for BTC is still bearish, allowing speculation to spill over on other markets.
Lower bottom expectations: There are still beliefs the bear market has not seen more selling and capitulation, which could pressure BTC as low as $4,000. The lack of even a hint of a year-end rally is adding to the negative expectations. The stagnant prices of the past month may not be the bottom for BTC, hence the reluctance to bet on a price increase happening soon. Altcoins are making the panic even more significant, as some projects may never recover, both in dollar and BTC terms. As BTC prices have to defend key levels above $6,000, the predictions of an even lower bottom are starting to become a self-fulfilling prophecy.
Add to your calendar Bitcoin Cash event: Bitfinex Support for the Hard Fork (15 November)
Add to your calendar Bitcoin Cash event: Bitfinex Support for the Hard Fork (15 November)
[Daily Discussion] Wednesday, November 14, 2018
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Wednesday's Weekly Discussion - The Flippening [2018-11-14]
Welcome to our Wednesday's Weekly Discussion Thread
The goal of this thread is to host a weekly debate on hot, trending and relevant topics in the cryptocurrency, blockchain and fintech industry. This week the proposed debate is "The Flippening". It'll be renewed weekly at 16:00 CET time on each Wednesday with a new topic.
From Wikipedia: "The Flippening is an expected paradigm shift in the world of cryptocurrency, where the values of altcoins are no longer primarily based on the value of Bitcoin."
Do you think there's room for such event in the near or distant future? If so which blockchain project would be the one finally dethroning the king? Visit Flippening Watch for some more interesting metrics and information.
Please be respectful of one another opinions and points of view and stay on topic. Thanks for your participation!
how to watch bitcoin transactions? looking for a friend..
I'd like to watch bitcoin transactions (incoming and outgoing) for a specific set of addresses, asynchronously. Blockcypher has a REST-API that works fine, as well as a WebSocket API that doesn't really work at all (see also here).
I also created a fiddle. The only events that work are `ping` and `unconfirmed-tx`.
Is there any other event-based API that actually works, or do I really have to run my own full node?
PS - Go ahead and abuse my blockcypher API key ;)
The reason I included it is, because without the key not even the `unconfirmed-tx` event works. Also it's a free-tier key, so you won't be able to do anything fancy with it. :)
[Daily Discussion] Wednesday, November 14, 2018
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[uncensored-r/Bitcoin] Jan 3rd 2019, huge party in Israel celebrating 10 years of Bitcoin!
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List of Today's and Tomorrow's Upcoming Events
I will be bringing you upcoming events/announcements every day. If you want improvements to this post, please mention /u/houseme in the comments. We will make improvements based on your feedback.
https://kryptocal.com | /r/kryptocal | Android | iOS | Telegram Interactive Bot (add cryptocalapp_bot) | Telegram Channel @kryptocal
ADD AN EVENT
If you like an event to be added, click Submit Event, and we will do the rest.
NEXT DAY UPCOMING EVENTS
General
ChainPoint 18 | November 14, 2018 | |
Bitcoin(BTC) | Cboe XBT Expiration Date | November 14, 2018 |
Ambrosus(AMB) | Formal presentations | November 14, 2018 |
Aeron(ARN) | Bahrain Airshow | November 14, 2018 |
GoHelpFund(HELP) | Token Burn | November 14, 2018 |
Superblock Activation | November 15, 2018 | |
Burn | November 15, 2018 | |
WAX(WAX) | Rating Contract | November 15, 2018 |
Triggers(TRIG) | Masternodes Launch | November 15, 2018 |
BOScoin(BOS) | Mainnet Release | November 15, 2018 |
Hacken(HKN) | HKN Token Burning Event | November 15, 2018 |
Rebellious(REBL) | Rebellious (REBL) Ubercart Module | November 15, 2018 |
Zilliqa(ZIL) | Live AMA On Telegram | November 15, 2018 |
Graft(GRFT) | Supernodes Public BETA | November 15, 2018 |
Silent Notary(SNTR) | Chain-in-Law System Intro | November 15, 2018 |
Exchanges
Paid Listing | November 14, 2018 | |
Peercoin(PPC) | FUBT Listing | November 14, 2018 |
Paid Listing | November 15, 2018 |
Blockchains
Phore(PHR) | Phore @ Decentralized | November 14, 2018 12:00 AM - November 16, 2018 11:59 PM |
SunContract(SNC) | Tour EU BC Hub:Madrid SPA | November 15, 2018 |
Software/Platforms
Rotharium(RTH) | Wallet Announcement | November 14, 2018 |
Veros(VRS) | Platform & Wallet | November 15, 2018 |
Cashaa(CAS) | Wallet Release | November 15, 2018 |
Hdac(HDAC) | IOS Wallet Release | November 15, 2018 |
TrueDeck(TDP) | Roulette Testnet Launch | November 15, 2018 |
ICO/Pre-Sales
Dallas Blockchain | November 15, 2018 |
Fork/Hard Forks
Bitcoin Cash(BCH) | Bitcoin Cash Hard Fork | November 15, 2018 |
Einsteinium(EMC2) | Hard Fork Final Tests | November 15, 2018 |
Pascal Coin(PASC) | V4 Mainnet Hard Fork | November 15, 2018 |
Bitcoin Cash(BCH) | Bitcoin Cash November Hardfork Upgrade 2018 | November 15, 2018 2:22 AM - 2:22 AM |
Air Drops
Aeron(ARN) | CBM Airdrop Snapshot | November 15, 2018 |
ClearPoll(POLL) | ESO Airdrop Snapshot | November 15, 2018 |
Conferences
5th World Congress on Epigenetics and Chromosome | November 15, 2018 9:00 AM - November 16, 2018 5:00 PM [Possible Date] |
List of Today's and Tomorrow's Upcoming Events
I will be bringing you upcoming events/announcements every day. If you want improvements to this post, please mention /u/houseme in the comments. We will make improvements based on your feedback.
https://kryptocal.com | /r/kryptocal | Android | iOS | Telegram Interactive Bot (add cryptocalapp_bot) | Telegram Channel @kryptocal
ADD AN EVENT
If you like an event to be added, click Submit Event, and we will do the rest.
NEXT DAY UPCOMING EVENTS
General
ChainPoint 18 | November 14, 2018 | |
Bitcoin(BTC) | Cboe XBT Expiration Date | November 14, 2018 |
Ambrosus(AMB) | Formal presentations | November 14, 2018 |
Aeron(ARN) | Bahrain Airshow | November 14, 2018 |
GoHelpFund(HELP) | Token Burn | November 14, 2018 |
Superblock Activation | November 15, 2018 | |
Burn | November 15, 2018 | |
WAX(WAX) | Rating Contract | November 15, 2018 |
Triggers(TRIG) | Masternodes Launch | November 15, 2018 |
BOScoin(BOS) | Mainnet Release | November 15, 2018 |
Hacken(HKN) | HKN Token Burning Event | November 15, 2018 |
Rebellious(REBL) | Rebellious (REBL) Ubercart Module | November 15, 2018 |
Zilliqa(ZIL) | Live AMA On Telegram | November 15, 2018 |
Graft(GRFT) | Supernodes Public BETA | November 15, 2018 |
Silent Notary(SNTR) | Chain-in-Law System Intro | November 15, 2018 |
Exchanges
Paid Listing | November 14, 2018 | |
Peercoin(PPC) | FUBT Listing | November 14, 2018 |
Paid Listing | November 15, 2018 |
Blockchains
Phore(PHR) | Phore @ Decentralized | November 14, 2018 12:00 AM - November 16, 2018 11:59 PM |
SunContract(SNC) | Tour EU BC Hub:Madrid SPA | November 15, 2018 |
Software/Platforms
Rotharium(RTH) | Wallet Announcement | November 14, 2018 |
Veros(VRS) | Platform & Wallet | November 15, 2018 |
Cashaa(CAS) | Wallet Release | November 15, 2018 |
Hdac(HDAC) | IOS Wallet Release | November 15, 2018 |
TrueDeck(TDP) | Roulette Testnet Launch | November 15, 2018 |
ICO/Pre-Sales
Dallas Blockchain | November 15, 2018 |
Fork/Hard Forks
Bitcoin Cash(BCH) | Bitcoin Cash Hard Fork | November 15, 2018 |
Einsteinium(EMC2) | Hard Fork Final Tests | November 15, 2018 |
Pascal Coin(PASC) | V4 Mainnet Hard Fork | November 15, 2018 |
Bitcoin Cash(BCH) | Bitcoin Cash November Hardfork Upgrade 2018 | November 15, 2018 2:22 AM - 2:22 AM |
Air Drops
Aeron(ARN) | CBM Airdrop Snapshot | November 15, 2018 |
ClearPoll(POLL) | ESO Airdrop Snapshot | November 15, 2018 |
Conferences
5th World Congress on Epigenetics and Chromosome | November 15, 2018 9:00 AM - November 16, 2018 5:00 PM [Possible Date] |
[Daily Discussion] Wednesday, November 14, 2018
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[Daily Discussion] Wednesday, November 14, 2018
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US$150,000 in Prizes up for Grabs in Mixin Network’s Inaugural Developer Competition
https://i.redd.it/96m05i3c6ay11.png
Mixin Network just releases its first global developer competition to offer a platform for all developers with insights to show their talent. Totally 1000XIN, equals to $150,000 according to the current market are rewarded for genius developers in this competition.
Vision of Mixin Network 1st Developer Competition
Mixin Network, with the name of “Mix all blockchains in one network”, has made great progress since it was established. It has supported 13 main chains, over 50000 cryptocurrencies and full-featured bots that help diversify the transaction using experience of its exclusive crypto wallet- Mixin Messenger. Over 100 million transactions and 50 million dollars of crypto assets have been completed so far. In order to forge ahead of pursuit of improving its transaction and development technology ecosystem, Mixin Network hosts its first developer competition to focus on wider fields with blockchain technologies applied, and also provide a platform for all blockchain enthusiasts and developers to show their talent. This competition will last for almost two months, and participants are empowered to modify their entries before the deadline: Jan.4, 2019.
Respectable Rewards for Genius Participants
Totally $150,000 are set as rewards pool for all genius participants. The first prize can even win 300XIN, equals to $45,000 according to the current market.
Besides, all participants will be lucky to get the exclusive development guide from the first-tier developers with years of programming & software development experience, including Cedric Fung, CEO and founder of Mixin Network, Li Lin, Director of Mixin Labs, and Huo Ju, CTO of PRESS.one.
Endorsement of Grand Judge Panel
Besides the founding members who work as the mentors in this competition, prestigious investor Jeffrey Wernick, early Bitcoin investor who has been successful in betting in favor of startups and cryptocurrencies before their mass success, Dr.Joseph.Liu, Hcash Chief Scientist and “God father of Monero”, and Dr. Jiangshan.Yu, assistant professors in cyber security of Monash University, are invited to be the members of judge in this competition.
https://i.redd.it/v4hj9pe66ay11.png
About Mixin Network
Mixin Network, a new generation transaction network that offers comprehensive solutions for all levels of folks who need instant transaction with all kinds of tokens, is dedicated in working on a stable and efficient transaction ecosystem with its Mixin network, Mixin Messenger and OceanOne.
For more details, please visit: https://mixin.one/events/hackathon
[uncensored-r/BitcoinMarkets] [Daily Discussion] Wednesday, November 14, 2018
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- Altcoins Discussion: Altcoin Discussion
[November 14, 2018] Weekly Electra Discussion Thread!
Welcome to the /r/Electra_Currency Weekly Discussion Thread
Current important posts
- ECA Officially Listed on Cryptopia! Read our announcement post here!
- Check out Ruanne (ruru) and Ivan's interview with Nick Hellman on all things Electra here!
- ECA to be Featured at Bitcoin and Blockchain Fair, check it out [here!]https://www.reddit.com/r/Electra_Currency/comments/8a0zly/electra_will_be_featured_at_bitcoin_and/)
- Check out /u/chrispancakes51's review on Electra here! Thanks for taking the time in reviewing us, /u/chrispancakes51!
Thread Guidelines:
- Be familiar with the subreddit rules..
- Please be helpful and friendly.
- DON'T DISCUSS YOUR HOLDINGS WITH OTHERS!
Daily discussions will be used for:
- Quick questions that do not warrant a separate post.
- General discussion related to the week's events.
[Daily Discussion] Wednesday, November 14, 2018
Thread topics include, but are not limited to:
- General discussion related to the day's events
- Technical analysis, trading ideas & strategies
- Quick questions that do not warrant a separate post
Thread guidelines:
- Be excellent to each other.
- Do not make posts outside of the daily thread for the topics mentioned above.
Other ways to interact:
- Get an invite to live chat on our Slack group
- Set your flair to trade pretend money in the Flair Game
- Weekly threads: Newbie Mondays and Fundamentals Fridays
Private Blockchain Developers - Decentralized Blockchain App Development Company
http://www.developercryptocurrency.com/blockchain-development-company-india.php
Blockchain Development Company India we are one of the early first blockchain developing architectures and support and platforms guide security and transparency are the main criteria for essentially. Private Blockchain Developers the security features help to reduce the risk of the coin being stolen as well as giving the reassurance to the users that their coins are safe. Top company in “Solulab Inc. and LeewayHertz and Cyber Infrastructure. and Intellectsoft and DeveloperCryptocurrency.com” Coin Wallet Development Services multi-currency support and two-factor authentication and get Bitcoin and duplicate payment detection and deft technology and push notifications and decentralization options etc. Hire Blockchain Developer India it is focused on revolutionizing the banking and insurance and supply chain market industries research and innovation, working at the intersection of technology, payments, and banking industry from years, we saw the many redundancies in the system and need for changes. Decentralized Blockchain App Development Company blockchain app consulting and custom blockchain solution and cryptocurrency development.
To Contact Details:
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US$150,000 in Prizes up for Grabs in Mixin Network’s Inaugural Developer Competition
https://i.redd.it/96m05i3c6ay11.png
Mixin Network just releases its first global developer competition to offer a platform for all developers with insights to show their talent. Totally 1000XIN, equals to $150,000 according to the current market are rewarded for genius developers in this competition.
Vision of Mixin Network 1st Developer Competition
Mixin Network, with the name of “Mix all blockchains in one network”, has made great progress since it was established. It has supported 13 main chains, over 50000 cryptocurrencies and full-featured bots that help diversify the transaction using experience of its exclusive crypto wallet- Mixin Messenger. Over 100 million transactions and 50 million dollars of crypto assets have been completed so far. In order to forge ahead of pursuit of improving its transaction and development technology ecosystem, Mixin Network hosts its first developer competition to focus on wider fields with blockchain technologies applied, and also provide a platform for all blockchain enthusiasts and developers to show their talent. This competition will last for almost two months, and participants are empowered to modify their entries before the deadline: Jan.4, 2019.
Respectable Rewards for Genius Participants
Totally $150,000 are set as rewards pool for all genius participants. The first prize can even win 300XIN, equals to $45,000 according to the current market.
Besides, all participants will be lucky to get the exclusive development guide from the first-tier developers with years of programming & software development experience, including Cedric Fung, CEO and founder of Mixin Network, Li Lin, Director of Mixin Labs, and Huo Ju, CTO of PRESS.one.
Endorsement of Grand Judge Panel
Besides the founding members who work as the mentors in this competition, prestigious investor Jeffrey Wernick, early Bitcoin investor who has been successful in betting in favor of startups and cryptocurrencies before their mass success, Dr.Joseph.Liu, Hcash Chief Scientist and “God father of Monero”, and Dr. Jiangshan.Yu, assistant professors in cyber security of Monash University, are invited to be the members of judge in this competition.
https://i.redd.it/v4hj9pe66ay11.png
About Mixin Network
Mixin Network, a new generation transaction network that offers comprehensive solutions for all levels of folks who need instant transaction with all kinds of tokens, is dedicated in working on a stable and efficient transaction ecosystem with its Mixin network, Mixin Messenger and OceanOne.
For more details, please visit: https://mixin.one/events/hackathon
/r/Monero Daily Discussion – November 14, 2018 - Use this thread for basic questions and if you're new to Monero
Index
- General questions
- Wallet: CLI & GUI
- Wallet: Ledger
- Nodes
1. General questions
Where can I download the Monero wallet?
There are multiple Monero wallets for a wide range of devices at your disposal. Check the table below for details and download links. All wallets listed below are open source. Attention: for extra security make sure to calculate and compare the checksum
of your downloaded files.
Desktop wallets
Wallet | Device | Description | Download link |
---|---|---|---|
"Official" GUI / CLI | Windows, Mac OS X, Linux | The default implementation that is maintained by the core team. Use this one to run a full node and obtain maximum privacy.Has Ledger (hardware wallet) integration. Current version: 0.13.0.3 / 0.13.0.2. | GetMonero.org |
MyMonero | Windows, Mac OS X, Linux | MyMonero is a lightweight wallet, which means you don't need to download the blockchain and run a node. MyMonero was developed with the assistance of the core team. They also have web-based and iOS versions. | GitHub |
Mobile wallets
Wallet | Device | Description | Download link |
---|---|---|---|
Monerujo | Android | Popular Android lightweight wallet that has very cool features, like integration with xmr.to which lets you send payments in BTC using your XMR. It also has Ledger (hardware wallet) integration. Website: https://www.monerujo.io/. | Google Play / F-Droid / GitHub |
MyMonero | iOS | iOS version of the MyMonero wallet. All versions have interoperability. | App Store |
Cake Wallet | iOS | Popular iOS lightweight wallet that has integration with MorphToken, which means you can instantly exchange your XMR to other coins and tokens. Website: https://cakewallet.io/ | App Store |
X Wallet | iOS | Another iOS lightweight wallet. Website: https://xwallet.tech/ | App Store |
Edge Wallet | Android / iOS | This is a multi-assets wallet, meaning you can store Monero, Bitcoin, Ethereum and other tokens in one single app. https://edge.app/ ⚠️ Relatively new - use with caution! ⚠️ | Google Play / App Store |
Web-based wallets
Wallet | Description | Link |
---|---|---|
MyMonero | Web version of the MyMonero wallet. All versions have interoperability. | Web |
XMRWallet | Web wallet with TOR support. ⚠️ Relatively new - use with caution! ⚠️ | Web / Onion URL |
How long does it take for my balance to unlock?
Your balance is unlocked after 10 confirmations (which means 10 mined blocks). A block is mined approximately every two minutes on the Monero network, so that would be around 20 minutes.
How can I prove that I sent a payment?
The fastest and most direct way is by using the ExploreMonero blockchain explorer. You will need to recover the transaction key from your wallet (complete guide for GUI / CLI).
How do I buy Monero (XMR) with Bitcoin (BTC)?
There are dozens of exchanges that trade Monero against Bitcoin and other cryptocurrencies. Check out the list on CoinMarketCap and choose the option that suits you best.
How do I buy Monero (XMR) with fiat?
- Kraken (USD and EUR): old-school, decent exchange. They might require your documents for verification and approval of your account.
- LocalMonero: peer-to-peer exchange. They have pretty much everything as a payment method and they support hundreds of fiat options.
How do I mine Monero? And other mining questions.
The correct place to ask questions and discuss the Monero mining scene is in the dedicated subreddit r/MoneroMining. That being said, you can find a list of pools and available mining software in the GetMonero.org website.
2. Wallet: CLI & GUI
Why I can't see my balance? Where is my XMR?
Before any action there are two things to check:
- Are you using the latest available version of the wallet? A new version is released roughly every 6 months, so make sure you're using the current release (compare the release on GetMonero.org with your wallet's version on
Settings
, underDebug info
). - Is your wallet fully synchronized? If it isn't, wait the sync to complete.
Because Monero is different from Bitcoin, wallet synchronization is not instant. The software needs to synchronize the blockchain and use your private keys to identify your transactions. Check in the lower left corner (GUI) if the wallet is synchronized.
You can't send transactions and your balance might be wrong or unavailable if the wallet is not synced with the network. So please wait.
If this is not a sufficient answer for your case and you're looking for more information, please see this answer on StackExchange.
How do I upgrade my wallet to the newest version?
This question is beautifully answered on StackExchange.
Why does it take so long to sync the wallet [for the first time]?
You have decided to use Monero's wallet and run a local node. Congratulations! You have chosen the safest and most secure option for your privacy, but unfortunately this has an initial cost. The first reason for the slowness is that you will need to download the entire blockchain, which is considerably heavy (+70 GB) and constantly growing. There are technologies being implemented in Monero to slow this growth, however it is inevitable to make this initial download to run a full node. Consider syncing to a device that has an SSD instead of an HDD, as this greatly impacts the speed of synchronization.
Now that the blockchain is on your computer, the next time you run the wallet you only need to download new blocks, which should take seconds or minutes (depending on how often you use the wallet).
I don't want to download the blockchain, how can I skip that?
The way to skip downloading the blockchain is connecting your wallet to a public remote node. You can follow this guide on how to set it up. You can find a list of public remote nodes on MoneroWorld.
Be advised that when using a public remote node you lose some of your privacy. A public remote node is able to identify your IP and opens up a range for certain attacks that further diminish your privacy. A remote node can't see your balance and it can't spend your XMR.
How do I restore my wallet from the mnemonic seed or from the keys?
To restore your wallet with the 25 word mnemonic seed, please see this guide.
To restore your wallet with your keys, please see this guide.
3. Wallet: Ledger
How do I generate a Ledger Monero Wallet with the GUI or CLI?
This question is beautifully answered on StackExchange. Check this page for the GUI instructions, and this page for the CLI instructions.
4. Nodes
How can my local node become a public remote node?
If you want to support other Monero users by making your node public, you can follow the instructions on MoneroWorld, under the section "How To Include Your Node On Moneroworld".
How can I connect my node via Tor?
This question is beautifully answered on StackExchange.
Central Bank Digital Currencies Could Have Legitimate ‘Role,’ Says IMF’s Lagarde
bitseven.com - The head of the International Monetary Fund (IMF) has said the international community should “consider” endorsing central bank issued digital currencies (CBDCs) in a speech at the Singapore Fintech Festival Nov. 14.
IMF managing director Christine Lagarde said that despite being “not entirely convinced” on the concept of cryptocurrencies more generally, there may be a case for states to issue government-backed tokens or similar assets.
“I believe we should consider the possibility to issue digital currency. There may be a role for the state to supply money to the digital economy,” she told the event.
The comments come a day after the IMF published a dedicated report on CBDCs, examining what it views as the pros and cons of the financial tool.
As Lagarde noted, various jurisdictions are currently considering or starting out on the journey to implement state-sponsored tokens.
If done properly, CBDCs could “could satisfy public policy goals,” she said, specifically “financial inclusion,” “security and consumer protection,” and “privacy in payments.”
As Cointelegraph reported in September, the IMF has not always been as keen on the concept as Lagarde suggests today.
In a report at the time, the organization suggested the Marshall Islands, which wants to issue a national digital currency to circulate in tandem with the U.S. dollar, should reconsider its plans over money laundering concerns.
This week, the country’s president survived a no confidence vote over the issue, which should now continue on its path to digital currency issuance.
During the speech in Singapore, Lagarde meanwhile continued on the “downsides” of CBDCs,
“I would also like to highlight risks of stifling innovation — the last thing you want. My main point will be that we should face these risks creatively.”
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[Daily Discussion] Wednesday, November 14, 2018
Thread topics include, but are not limited to:
- General discussion related to the day's events
- Technical analysis, trading ideas & strategies
- Quick questions that do not warrant a separate post
Thread guidelines:
- Be excellent to each other.
- Do not make posts outside of the daily thread for the topics mentioned above.
Other ways to interact:
- Get an invite to live chat on our Slack group
- Set your flair to trade pretend money in the Flair Game
- Weekly threads: Newbie Mondays and Fundamentals Fridays
[Daily Discussion] Wednesday, November 14, 2018
Thread topics include, but are not limited to:
- General discussion related to the day's events
- Technical analysis, trading ideas & strategies
- Quick questions that do not warrant a separate post
Thread guidelines:
- Be excellent to each other.
- Do not make posts outside of the daily thread for the topics mentioned above.
Other ways to interact:
- Get an invite to live chat on our Slack group
- Set your flair to trade pretend money in the Flair Game
- Weekly threads: Newbie Mondays and Fundamentals Fridays
[uncensored-r/btc] A Guide To The BCH Fork on November 15th - Be Informed!
The following post by cashassociation is being replicated because some comments within the post(but not the post itself) have been openly removed.
The original post can be found(in censored form) at this link:
np.reddit.com/r/ btc/comments/9wthuv
The original post's content was as follows:
BCH November 15th Forking Guide
Intro
As you may have heard, on 15th November 2018 the Bitcoin Cash Blockchain will fork into at least two separate chains. We felt it our duty to provide information to the community on the situation that we hope will offer some clarity on this rather complex situation.
What Is A Fork?
A fork occurs when at least one group of miners decide to follow a separate set of rules from the current consensus protocol. Due to the way bitcoin is designed, these miners will then operate on a separate network from the current network. This was in fact how Bitcoin Core and Bitcoin Cash was created from the original Bitcoin. Both changed the consensus rules in different ways that made them incompatible.
To make the current situation slightly more complex, there are to be two sets of miners that are changing the protocol rules away from the current protocol. It is not expected that the currently operating consensus rules will be in operation by any significant set of miners after November 15th. This means that after November 15th there will be two new sets of competing protocol rules. For simplicity these will be described as the BitcoinABC ruleset and the BitcoinSV ruleset (although other implementations such as Bitcoin Unlimited, bcash, bchd, BitcoinXT and bitprim all also have the ABC consensus ruleset).
This is quite a unique fork situation as one side (BitcoinSV) has indicated that they will be willing to attack their competition (BitcoinABC) using reorgs and doublespends to destabilise and reduce confidence in it.
BitcoinABC Fork Details
The main new features in the BitcoinABC that make it incompatible with the current protocol are CTOR and DSV.
To summarise:
CTOR (Canonical Transaction Ordering) is a technology that allows blocks to be transmitted in a much more efficient way. This means that as blocks become larger as the network gains more adoption, the hardware and bandwidth requirements on nodes is decreased. This reduces centralisation pressures and allows us to scale the network with fewer adverse effects. You can read more about CTOR in this excellent ARTICLE by u/markblundeberg.
DSV (CheckDataSigVerify) is a technology that allows oracles directly on the Bitcoin blockchain. This means that the transactions on the Bitcoin blockchain can be dependent on actions that happen in the real world. For example you could bet on the weather tomorrow, or if a specific candidate wins an election, all directly on the blockchain. You can read more about DSV at this excellent ARTICLE by u/mengerian.
BitcoinSV Fork Details
The main new features in the BitcoinSV that make it incompatible with the current protocol are an increase in the default block size limit to 128MB, increase of the 201 opcode limit within Bitcoin’s script system to a maximum of 500 opcodes, and a new set of opcodes including; OP_MUL, OP_LSHIFT, OP_RSHIFT, OP_INVERT.
The increase in the default block size limit will in theory allow miners on the BitcoinSV ruleset to produce and propagate blocks up to 128MB in size. It may be the case that the current state of the network cannot handle, or at least sustain, 128MB blocks but this will allow miners to decide if they want to try and produce blocks over 32MB (the current protocol limit agreed upon by miners).
Increasing the opcode limit will allow miners to make transactions using scripts of larger lengths. This means that more complex scripts can be developed.
The new opcodes allow new operations to happen within the Bitcoin scripting system.
What Are Your Options?
When the fork happens your coins will become available on both chains. This is because both chains will share the same blockchain history up until the point the fork occurs. Things are unfortunately not quite as simple as that (when are they ever in cryptoland?). Transactions that would be valid on both chains will occur on both chains. Your transactions will be considered valid on both chains as long as you do not use any of the exclusive features from either ruleset, or use inputs from transactions that are considered invalid on one of the chains. You can alternatively split your coins so that you can control them exclusively on each chain.
So what should you do? We won’t recommend what you should do with your own money, and this is not financial advice, but here are some of your options.
Do Nothing and HODL
The simplest option is to keep your Bitcoin Cash in a wallet you control and wait for things to blow over. Make sure you have the private keys and or the seed written down in at least one place to be able to recover your funds if needed. As long as you do not move your funds they will be available on both chains after the fork.
Risks - Price volatility. Like always the price can go up and down any amount. Only risk what you can afford to lose.
Sell BCH for Fiat
Another simple option is to sell your BCH for fiat. This means moving your Bitcoin Cash to an exchange such as Bitstamp.net, Kraken.com or Coinbase, and then selling them for a fiat currency. You may also consider then withdrawing your funds to your bank account for extra security (exchanges have been known to implode with everyone’s funds every now and again).
Risks - If the BCH price increase while you hold fiat your BCH holdings will be less if and when you buy back. Exchanges and banks can confiscate your money if they like (that why love Bitcoin remember). By selling you may also be liable for taxes in your jurisdiction.
Split Your Coins and HODL
If you want to be ready for anything then you can split your coins after the fork occurs. This means that you will be able to control your coins exclusively on each chain. You will still need to make sure you have your wallet(s) backed up and have the private keys and seeds written down somewhere.
To split your coins you can use a tool developed on Electron Cash HERE. This is unfortunately not a simple tool to use right now. Make sure to read the tips and advice given in that thread.
Risks - This has the same risks as simply HODLing your BCH. You should also be aware that some services have decided to refuse to use split coins during the fork. This means that if you send them split coins they will not allow you to spend them. These services include: Yours.org, moneybutton, HandCash, CentBee and CoinText.
Split Your Coins and Sell Some
If you interested in gambling on which chain will be more successful you can split your coins using the method above, and can then send coins from either chain to an exchange that allows buying and selling of specific sides of the chain. Most exchanges have decided to close deposits and withdrawals of BCH and even trading of BCH until the outcome of the forks have become more clear. After the fork occurs exchanges will likely make announcements about whether which chain they will support (potentially both), and you will then be able to trade each fork as separate cryptocurrencies.
Risks - By selling your coins on one of the chains you will no longer be invested in that side of the fork. In the case that one side of the fork ceases to exist and you are only holding coins on that side, you will have lost that money. By selling you may also be liable for taxes in your jurisdiction.
Summary
It is unfortunate that Bitcoin Cash has to go through a fork without unanimous consensus on the new protocol rules. The unique situation with this fork, in particular, has presented some interesting new issues, and it is likely that we as a community will learn a lot from it.
We hope that in similar situations in the future that the major entities in the industry, including miners, developers, businesses and community leaders can come together to find compromise that keeps the ecosystem stable and focused on adoption.
If you have further questions about this or just want to discuss the fork in general, we encourage you to join our chat at bitcoincashers.org/chat and join the conversation.
For Beginners: Payment Tokens
https://i.redd.it/eh9ae8mk19y11.png
Discussing what a payment token, its role in the crypto market, and why it’s so important for the industry
When talking about cryptocurrency, two of the most common words that you’ll hear are “coin” and “token” among other phrases and relevant terminology. It’s important to realize that not all tokens are the same, though, as cryptocurrencies can be further classified into different categories of digital assets. The payment token is one of the most important types of tokens, as it represents the purest form of a cryptocurrency. Any investor who is serious about understanding their own portfolio should first make sure that they’re completely aware of how different coins in the market are classified. So, with that being said, let’s go over what a payment token is, why it’s so important, and which cryptocurrencies fall under this classification.
This is not financial investment advice.
This article will discuss what payment tokens are and why they’re so important.
Terminology
Token: Token is a unit of value issued by a tech or crypto start-up, intended to be a piece in the ecosystem of their technology platform or project.
ICO: The cryptocurrency space's rough equivalent to an IPO in the mainstream investment world. ICOs act as fundraisers of sorts; a company looking to create a new coin, app, or service launches an ICO. Next, interested investors buy in to the offering, either with fiat currency or with preexisting digital tokens like ether. In exchange for their support, investors receive a new cryptocurrency token specific to the ICO.
Blockchain: The easiest way to understand blockchain is to think of it as a fully transparent and continuously updated record of the exchange of information through a network of personal computers, a system which nobody fully owns. This makes it decentralized and extremely difficult for anyone to single-handedly hack or corrupt the system, pretty much guaranteeing full validity and trust in each exchange of information.
- Familiarize yourself with these key terms in order to better understand how payment tokens work.
What’s A Payment Token?
As it turns out, there are multiple classification of tokens which every investor should understand before making investment decisions. While the two commonly known categories of tokens are utility and security tokens, payment tokens are another type of token that represents the most purest form of cryptocurrencies. This type of token has its own Blockchain and is often considered as a medium of payment.
Usually, payment tokens - otherwise referred to as simply “cryptocurrencies” - have no further function or link to other development projects. Speaking broadly, these cryptocurrencies’ purpose is to serve as mediums of inherent value similar, for instance, to cash or gold. They are designed to enable purchases, sales, and other financial transactions, as well as provide many of the same functions as long-established currencies such as the U.S. dollar or Euro.
- Payment tokens represent the purest form of cryptocurrencies, serving as mediums of inherent value similar to established fiat currencies. They aren’t considered securities but they are means of payment.
Popular Payment Tokens
Some of the most popular cryptocurrencies are actually payment tokens. These include Bitcoin, Monero, Ethereum, and many more cryptocurrencies which are built on their own blockchain and serve as a means of payment. These are usually some of the most popular cryptocurrencies and have been established as legitimate cryptocurrencies.
These cryptocurrencies are purchased through online exchanges and can sometimes be used to pay for things. More recently, we’ve seen an increasing number of businesses begin to adopt Bitcoin as a means of paying for their goods and services. Of course, payment tokens are still seen as an inferior medium of payment when compared to traditional fiat currencies which maintain their given value. Cryptocurrencies, on the other hand, change price values on a daily basis which could leave business that accept payment tokens with less money if the market goes down.
- Some well-known payment tokens include Bitcoin, Ethereum, Monero, and other cryptocurrencies which have their own blockchain and can be used as payments in specific cases. Despite their increased popularity, payment tokens are still inferior to fiat payments from a business perspective.
Other Types of Tokens
Of course, payment tokens are just one classification of tokens in the cryptocurrency world. Other types of tokens include security and utility tokens which serve their own purposes different from that of payment cryptocurrencies. As it turns out, these tokens are the two most commonly referred to classifications of coins.
Security tokens represents assets which can serve as stand-ins for real physical underlyings, companies, earnings streams, or an entitlement to dividends or interest payments. In terms of their economic function, the tokens are analogous to equities, bonds or derivatives. Conversely, utility tokens provide access to the goods & services that the project will launch in the future. Also, they can be used as a type of discount or premium access to the goods & services of the project.
- Security and utility tokens are the two most commonly referred to classifications of coins. They are much more common and are usually attained through ICOs.
Conclusion
With regards to the entire cryptocurrency market, payment tokens are not too common. In fact, most cryptocurrencies are either utility or security tokens, with the exception of the few payment tokens. These payment cryptocurrencies are actually some of the most popular coins out there, despite being heavily outnumbered by the others. It’s important to not mistake some of these cryptocurrencies with security or utility tokens, as they serve completely different purposes. Moving forward, keep an eye out for an increasing number of businesses to begin adopting the use of payment tokens, as the are still largely limited today.
Which payment token do you use the most?
Let us know why in the comments!