Messages

Well, I was able to get into the wallet, and the blockchain is all caught up...

Now, I have to give it a shot at remembering my encrypted password.

Anything I should know before I just start typing in old passwords?

Is there a limit to failures where I will get locked out?

Is there an easier way to enter passwords than the 'change password' option?

Thanks again for any insight. This is the regular GroestlcoinQT wallet.

Are you using Groestlcoin Core v2.13.3?
You can enter your password as many times you want. You wont get locked out.
Good luck

Anyone have any experience with or know of a step-thru to update an old wallet properly?

I haven't opened my wallet since 2014.

Do I just download the latest wallet and them copy over some files from the backups?

Any help would be appreciated. Thank you

Backup your wallet.dat and store it somewhere safe.
Download and install groestlcoin 2.13.3
Open your wallet.

The upgrade is straight forward and will update your wallet.dat.

Congrats on the release very excited to get started with the new app! Thanks for all the hard work!

Thanks for the kind words!

[How does our 'Occasional Merchant-Trader Project' work?]

How does our 'Occasional Merchant-Trader Project' work?

Suppose a merchant accepts a sum of GRS during a price-spike? The price drops. BAM! She loses money. Not a great adoption model.

We do the opposite: I advise 'LHDG' to accept some GRS (for groceries) when the price is nice. The GRS actually stays in my system. Then, when GRS is up in price, I sell that GRS. The Bitcoin profit becomes 'GRS-earmarked BTC.' When the price dips, I buy back in.

Sigh: LHDG is making a ludicrous profit!

Wow thats a nice idea!

[Big-Picture Thoughts]

Big-Picture Thoughts

Yup, okay: things are a mite frenzied.
But . . . the macroeconomic background will ultimately just keep shovelin' capital into cryptos.

The Bitcoin-Aug-1st thing -- the next shouting-match over Bitcoin's scaling concerns -- is getting quite a few mentions.
And there is AlSO scuttlebutt about the number/flimsiness of ETH's ICOs.

And total crypto cap hit 61% today. That's dance-in-the-streets crazy, folks. Historic.
Shoot, I remember when TOTAL crypto cap was TWO percent. That is, cryptos other than BTC (or ETH) are now unarguably candidates for high volume/price.

Let's focus on the fact that crypto prices are so much measured against Bitcoin.
(That will change – I advocate bullion-GRS pricing/trades.)

The notion of a 'backstop' coin keeps coming to me. When things go boom! all those smarties who are presently shouting up the price of . . . everything . . . will need a crypto to scuttle to, but Bitcoin will be less than ever the choice-for-scuttle.

(Note that some will scuttle to fiat, but the scuttling to fiat will become a less attractive option over time.)

GRS is a splendid candidate for 'backstop function.'

Did you buy Bancor? LOL

https://cointelegraph.com/news/fee-for-all-kraken-to-charge-almost-7-for-bitcoin-withdrawals

Dont get me wrong, im a pro Bitcoin Core fan but.. That fee is too high to get user adaption. 7 dollar is ALOT in third world countries, or is Bitcoin only for the rich countries?
I personally believe fee should be just couple of cents (like in GRS).

[The following were tested in Ubuntu 16.04]

The following were tested in Ubuntu 16.04, some dependencies can be different in other distros

• apt-get update -y && apt-get upgrade -y && apt-get dist-upgrade -y
• dd if=/dev/zero of=/swapfile bs=1M count=4096
• mkswap /swapfile
• swapon /swapfile
• echo "/swapfile swap swap defaults 0 0" >> /etc/fstab
• sudo apt-get install build-essential libssl-dev libboost-all-dev libdb5.3 libdb5.3-dev libdb5.3++-dev libtool automake libevent-dev bsdmainutils -y
• sudo apt-get install git ntp make g++ gcc autoconf cpp ngrep iftop sysstat autotools-dev pkg-config libminiupnpc-dev libzmq3-dev -y
• sudo apt-get install libgmp-dev libsqlite3-dev python python3 net-tools zlib1g-dev gettext jq -y
• git clone https://github.com/groestlcoin/groestlcoin
• cd groestlcoin
• ./autogen.sh
• ./configure
• make
• strip src/groestlcoind src/groestlcoin-cli src/groestlcoin-tx src/groestlcoin-wallet src/groestlcoin-util
• sudo mv src/groestlcoind src/groestlcoin-cli src/groestlcoin-tx src/groestlcoin-wallet src/groestlcoin-util /usr/bin
• mkdir ~/.groestlcoin
• nano ~/.groestlcoin/groestlcoin.conf
• write:
  listen=1
  server=1
  maxconnections=863
  daemon=1
  txindex=1
  blockfilterindex=1
  coinstatsindex=1
  rpcuser=yourusernamehere
  rpcpassword=yourpasswordhere
• Crtl+o enter, ctrl X
• groestlcoind
• Let it sync (can take up to 1 hour), verify with groestlcoin-cli getinfo
• cd ~
• git clone https://github.com/Groestlcoin/electrumx-grs-installer.git
• cd electrumx-grs-installer
• sudo -H ./install.sh
• nano /etc/electrumx.conf
• Add these:
  COIN = Groestlcoin
  SERVICES=tcp://:51001,ssl://:51002,wss://:51004
  REPORT_SERVICES=tcp://yourhost:51001,ssl://YourHost:51002
• Crtl+o enter, ctrl X
• service electrumx-grs start
• add your server on https://1209k.com/bitcoin-eye/ele.php?chain=grs

check logs with: journalctl -u electrumx-grs -f

What I do hope to see -- what I think we need in order to develop GRS as a currency -- is community members with a knowledge of the situation in their individual nations (dittos buying and mailing bullion).

Ask me anything about The Netherlands

You can use coinmarkets api for rates:
https://coinmarketcap.com/api/

https://www.reddit.com/r/CryptoCurrency/comments/6e9p1l/can_someone_explain_to_me_what_is_going_on_with/

http://boards.4chan.org/biz/thread/2233840

So much going on!!

One: the drop in prices doesn't concern me. It's a healthy stabilisation. And check the BTC-GRS pair on Bittrex: solid solid buy-support!

Two: having first noting that the following is information not criticism: this morning I had a pleasant exchange with a Redditor who chipped me for my enthusiasm for GRS. He posted an analysis, and I could only thank him for it . . . as I agree:

'Technologically speaking groestl has its shit together. But the website is old and outdated feeling... And, I hate to say this, but the name is just too "complicated" for western audiences. I know the story behind it, but if I didn't I'd probably be another American pleeb who wrote it off because "how do you pronounce that and wtf does it mean?!". Fundamentals : top notch. Sexiness : '

I have fallen into the habit of using 'GRS.'

Three: various Reddit altcoin-discussion threads still have rather a lot of posts about Poloniex and other exchanges.

I saw that some messages of you on reddit were shadow banned (not sure why) hence i sent u an invite to become a moderator on /r/groestlcoin.
Kindly accept.

I agree with that redditor. We strongly believe that our fundamentals are not strong enough and we believe it will be ready end of this year. Kindly give us more time to finish that then we can work on our sexiness. For what its worth, our website will get a new redesign within 1 month to make it more modern.

First this morning: one doesn't like to spread FUD; but there is just so much chatter about trouble on exchanges. [Me: Bittrex and Cryptopia: no trouble.] If you have any quality info, please do post it.

No trouble for me on Bittrex. I don't use Cryptopia and Poloniex

Deep breath . . .

Total crypto cap was under $40B at dawn here yesterday. $45.7 at this second, 30 hours later.

Litecoin has v. high volume. Ether is heading to $10 Billion cap.

'It's kind of crazy to think how early it still is now . . . '

https://www.reddit.com/r/CryptoCurrency/comments/699rdc/are_we_in_a_bubble/


There's a lot of are-we-in-a-bubble discussion going on. My guess? There'll be some correction. There always is. But we've risen to another plane.

Now is a really really good time to keep GRS active and attractive, so that any correction (largely) passes us by.

What do you guys think?

I think the correction will not affect GRS. The pump passed us, so will the dump. But then again I'm no economist.

new grs slack started: https://join.slack.com/groestlcoin/shared_invite/MTc4Mzc4ODU0NDY4LTE0OTM4NDE1NDgtMzUzYzg5MDQ0Ng

Okay, I've signed up at Coinexchange. (It's reputable, as I understand it: UNO has been trading there for ages.)

Have closed the spread to 2100-1711

use with caution. According to internet they dont reply to support emails. Try sending them an email and see how long it takes them to answer it.