01:20:22 how can I tell monero-blockchain-import where to safe the blockchain to? 01:43:36 Feuermagier: --data-dir 01:45:18 Why the insane drop in crypto prices? Coronavirus causing whales to take a massive dump? 01:48:35 you weren't kidding holy shit 01:48:52 Yes, crypto is a risk-on asset. Not digital gold at all. 01:50:05 I think gold is risker. Gold can be faked, it can be stolen by looters or government at checkpoints. It might also be lost in a disaster. 01:50:14 I also cannot send gold electronically 01:50:52 I cannot encrypt gold and make backups of it. Maybe people just do not realize how crypto has some advantages and gold still the mainstream safe haven asset? 01:51:19 now gold does have advantages with silver that it requires no electricity or network. They both have advantages and disadvantages 01:52:11 And? 01:52:29 Crypto is something people buy as "spice" for the portfolio. 01:52:34 I just dont understand why crypto dropping. If anything to do with pandemic fears, why gold rising and crypto not? 01:52:34 But it's easy! https://www.youtube.com/watch?v=RXJKdh1KZ0w 01:52:53 The idea isn't that it will make an almost guaranteed 2% per year, or a probable 7% a year. 01:53:18 lol anything below 10% bad a year 01:53:32 The idea is that it's a very risky "10x or nothing" investment; you put 10% of your portfolio into crypto, and either it doubles or goes down by 10%. 01:53:32 need 10% just to keep up with devaluation of fiat 01:54:00 Against this backdrop: When the stock market goes down and people want to cut their risks, they sell off the riskiest stuff first. 01:54:16 So first goes crypto, then stocks, then risky bonds, then cash, then gold. 01:54:19 Something like that. 01:54:36 then bullets and beans the new currency right? 01:54:43 10% increase per year (before inflation) is not reliably possible, to put it nicely. 01:54:53 no, bullets is an equally stupid idea 01:55:11 let's put it bluntly: if shit hits the fan, what are you going to do with them? 01:55:20 shoot people, right? 01:55:26 cause not scarce? But would be scarce in shtf 01:55:30 and all else equal, this is 50/50 01:55:34 looters, yes 01:55:50 so, either you die, and you have no need for bullets 01:56:22 Or you survive, but the other guy dies. You lose some bullets shooting him, but you take his spare ammo. 01:56:33 So it's trivial to see why ammo would not be scarce in a shtf scenario. 01:56:44 that would be a messy world 01:56:54 Anyway, people are not preparint for wholesale civilizational collapse. 01:57:06 They are preparing for the once in a decade financial crisis 01:57:53 1980 had a recession, 1990 had a recession, 2001 had a recession, 2008 had a recession 01:58:02 with 2020 we are right on the mark. 01:58:42 So, essentially the issue is this: crypto has never been tried in a financial crisis scenario before. It came out after GFC, remember? "Chancellor on brink of second bailout for banks" 01:58:53 true 01:59:00 there is no evidence for why it should be "digital gold"; the price movement is driven by retail speculators (gamblers) 01:59:14 this may be a good experiement to see how crypto does 01:59:20 ehh 01:59:37 I mean sure. But the idea that "number go up" is a good value proposition is crude... 04:38:00 is the monero blocksize constant or increasing? 04:41:44 it is variable depending on demand 04:41:52 fees control how fast the blocksize increases beyond default settings 04:43:36 cause the current blocks appear to take longer to download than the earlier ones 04:47:52 they are within default but they also have more txs lately 04:48:03 AIUI checkpoints help with initial syncing 04:48:06 they are added with every major release so any thing after the last release takes some more time 04:48:23 last major release was Nov 30, 2019 04:48:40 and SSD is way faster than HD 04:49:56 sadly even wget-ting the blockchain to import it is cripplingly slow 04:50:09 the server seems to limit the download speed after a while 04:50:36 wish there was a .torrent for the montly chain 04:50:57 after last release with an SSD I was able to sync the entire BC in ~12hrs 04:51:58 why is ssd so much faster? 04:52:35 just the way the info is read and written 04:52:48 sorry don't know details 04:52:58 why is the info of the last block not simply kept in memory? 04:53:02 ok 04:53:42 I imagine a HD will take at least 2 days 04:53:57 running for 3: 70% 04:54:12 the best equipment can do it in 4 hrs and the worst up to a week 04:54:23 that's why i'd prefer if there were a .torrent for it 04:54:31 you could download and import 04:54:53 i'm sure enough people would voluntarily seed 04:54:54 I believe someone did it with a very marginal system and it took weeks 04:55:23 it's a raspberrypi here 04:55:33 but for that you need some settings incase to reduce the chance of corrupting the BC 04:55:38 definitely qualifies as "marginal system" 04:56:04 cause if corrupted you need to start again o_O 04:56:35 nioc, ofc you'd still check the blocks. i'm, assuming that you'd use the import-tool monero ships with 04:56:55 I have never used it 04:57:06 it checks every block by default 04:59:59 I think there is a setting that turns off confirming the blocks so that you can download faster and then you check the blocks later 05:00:23 haven't found that one yet 05:00:32 if downloading the chain 05:01:34 well people have definitely used rasp pi successfully 05:01:41 time for bed 05:01:43 gl 05:06:13 gello 05:06:19 oh this works 07:30:53

> I have a little Python script for sending 5 * 7 txs 07:32:14

Hello @rbrunner7 , is it possible to see this python script somewhere ? 07:32:14

(If not, no worry, I was just asking in case of). Thanks. 08:07:32 Does someone have an alternate location to https://downloads.getmonero.org/blockchain.raw ? 08:07:47 The server eventually drops to 100kb/s speed 08:10:28 @xmr-romine : If I don't forget I will post it somewhere this evening UTC. 08:16:34 or can someone here put the last 15gb of the chain into a file and upload it? - would be very thankful 08:20:28 I'd suggest just synching normally. even with the download, the most time-consuming part is usually verifying it during import... 08:59:35 +1 for syncing normally 09:03:43 +1000 for syncing normally 09:39:32 is the monerotalk guy on here? 09:39:41 https://youtu.be/FvcVsV5JHpE that was a nice listen 12:52:53 new scam twitter account: @GiveawayMonero , it redirects to a phishing domain 12:54:29 maybe it helps people to give away their monero - truthful advertising? 12:55:39 damn, you're a genius Inge. 13:46:27 It's quite clever, it says "Only for Accounts that already have transactions" plus "We will be give to users who have 5 transactions history." and it might be it actually checks - I had no luck with a fresh random seed. 13:49:02 Or maybe it's dumb, harvests the seed and shows the error message to everyone .... 13:49:50 Yeah, how would it check for "no transactions" so fast, silly me. 17:15:00 @xmr-romine : https://old.reddit.com/r/Monero/comments/ff99yl/help_wanted_upcoming_monero_network_weekend/fk17jig/ 17:27:55 anyone got a remote node for me? 17:28:23 aqua42: node.xmr.to 18081 17:28:27 ty 17:28:30 node.supportxmr.com 18081 17:54:36 rottensox: <3 18:49:07

Thank you @rbrunner7