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Showing 20 of 71 results by LanYu
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Topic
Board Altcoin Discussion
Re: XMr or other ?
by
LanYu
on 28/12/2016, 18:58:13 UTC
There will be a 50% retrace, a seemingly inevitable occurrence in crypto markets. The only question, then, is what will be the peak? I think a reasonable peak marketcap between now and January 10, is 400 million, which would put us right around where a retrace would come down to.



Actually, I was just kidding. This rally is going to end around $16. Now is an OK time to buy, but not that great. Maybe another coin will rally 4/3 soon. Huh  Wink
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Topic
Board Altcoin Discussion
Re: XMr or other ?
by
LanYu
on 28/12/2016, 18:53:39 UTC
There will be a 50% retrace, a seemingly inevitable occurrence in crypto markets. The only question, then, is what will be the peak? I think a reasonable peak marketcap between now and January 10, is 400 million, which would put us right around where a retrace would come down to.

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Topic
Board Altcoin Discussion
Re: [Survey] What would it take ?
by
LanYu
on 27/12/2016, 16:32:55 UTC
What would it take?

The world would have to be operating under a neo-fascist speech suppression economy. New coins would be banned, perhaps by only allowing internet traffic over ports 80, 443, and 8333.

The world is going to operate under a basket of currencies, where switching between currencies will be done with one tool, for free or less than .015%

Some currencies, although dinosaurs, will remain entrenched, for the same reason why people use Hotmail.com. Some currencies, will soar like eagles, living on the bleeding edge and pulling the intelligent market share.





PS, toldja OP is a Bitcoin maximalist. OP, I know you are frightened by these new-fangled coins. But I know that deep down in your soul you can see how the Bitcoin community has been divided, and as a result has become stagnant. Sometimes new coins are absolutely necessary. Case in point: one of the major reasons why Bitcoin's dev team sucks is the public knowledge of all core Devs. What if somebody went out and threatened their families with murder unless an exploit were to be inserted backdoor-style? Semi-anonymous Dev teams are superior
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Topic
Board Altcoin Discussion
Re: Now that Monero's GUI is out, what will people complain about next?
by
LanYu
on 27/12/2016, 03:38:02 UTC
They could have spent a long amount of time and effort pushing ANON tech for Bitcoin.
They could have been working on Code that would integrate with it.. we seen & heard of none ever.

Now the truth comes out. Spoetnik is bitter because she is a Bitcoin maximalist and possibly bag holder!!  Cheesy
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Topic
Board Altcoin Discussion
Re: Monero's ANON FAIL !
by
LanYu
on 25/12/2016, 06:21:35 UTC
TL;DR:

Satoshi Nakamoto is dead, and OP is crying over the ashes. The phoenix rises, though it rises under the banner of monero
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Topic
Board Altcoin Discussion
Re: Now that Monero's GUI is out, what will people complain about next?
by
LanYu
on 25/12/2016, 03:57:37 UTC
And yes, I can't stop beating the dead horse of it being botnet-friendly, but it's hard not to.
I know botnets have an arguably positive effect on the security of the network and that there's very little to non morale in crypto but I still find it hard to justify turning a blind eye to botnets.
And yes, devs could stop it by using a more GPU-friendly algo, there are literally dozens of them exist with optimized miners.

Parallelizability is what made bitcoin the senile old geezer it is today.

 If anything, monero,  should adopt an even less parallelizable POW such as Tromps Cuckoo cycle. Doing so is the best way to ensure fairness.
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Topic
Board Altcoin Discussion
Re: Bitcoin's best alternative
by
LanYu
on 25/12/2016, 03:42:56 UTC
I was a big bitcoin bunny from 2011 to 2016. But there are a handful of issues with bitcoin which will frankly never be addressed with the divided community and the slow dev process. I can list all the issues that the best altcoin solves when some Dingus disputed this fact later.

Do, without further ado, the best coin to own today is...  drumroll... MONERO
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Board Altcoin Discussion
Re: Monero's ANON FAIL !
by
LanYu
on 24/12/2016, 17:04:22 UTC
OP claims monero is an offshoot of bitcoin

OP is wrong... Monero is an entirely new codebase.

Ever heard of Nicholas von Saberhagen? I have it on good word that NvS murdered Satoshi Nakomoto in his sleep. SN was actually Michael Yost, formerly known as Robert F Golaszewski.
Again, I have strong evidence to support that Satoshi Nakomoto was formerly known as Robert F Golaszewski of East Lansing Michigan. Faked his own death in 2005 to begin working on bitcoin. In 2011, he obtained the credentials to Michael Yost and moved to San Diego California. He had been hiding out there ever since. Until September of 2016, a man named Nicholas von Saberhagen -- whose true name I cannot reveal -- traveled to San Diego Diego and murdered Michael Yost, alias Satoshi Nakomoto, creator of bitcoin.
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Topic
Board Altcoin Discussion
Re: Ethereum is Goldman Sachs illuminati skynet
by
LanYu
on 22/12/2016, 19:37:54 UTC
Monero is shit.  You can delete my posts all day long it doesn't change the facts.

Monero is the shit

more like....
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Topic
Board Service Discussion
Re: Is eobot a scam?
by
LanYu
on 26/06/2016, 03:33:34 UTC
Investing in cloud mining is like betting on the actual website. Do you think eobot will be around in 5 years? Do you think they will be able to compete with the Chinese miners? If you answered yes to all of these questions, then investing in eobot is a good idea.
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Board Bitcoin Discussion
Re: Bitcoin suspected to be NSA or CIA Project
by
LanYu
on 09/08/2014, 16:27:48 UTC
Bitcoin uses secp256k1, not secp256k1 (the suspectedly compromised key generation method).

See https://bitcointalk.org/index.php?topic=151120.0

Best regards
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Board Speculation
Re: Largest ever bitcoin days destroyed- discuss
by
LanYu
on 07/03/2014, 17:27:45 UTC
US govt making smooth with their loot. I for one am Bullish....
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Topic
Board Speculation
Topic OP
the us government owning 850,000 bitcoin is
by
LanYu
on 28/02/2014, 15:55:12 UTC
Since the us government was clearly behind this, we have to decide if this is bullish or not
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Topic
Board Speculation
Re: Are new bitcoiners too late to the party? (or is this still he early stages?)
by
LanYu
on 27/02/2014, 19:24:31 UTC
Do you walk into the Chicago Mercantile Exchange or the New York stock exchange and ask this crap?

This is a financial asset. It is not a party, and it never was a party. If you want to party, put on a bowtie,  pick up a hooker, and go to PF Chang's. In the meantime, get out of my face with this total garbage!

Regards,
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Board Speculation
Topic OP
NOT Wanted : A Bitcoin Regulator
by
LanYu
on 25/02/2014, 15:22:14 UTC
Today, there was an article in the Wall Street Journal entitled Wanted : A Bitcoin Regulator.

It seems to me that these events are an occasion for the government to step in and wield control over the Bitcoin network. I personally feel that if you were unfortunately stupid enough to leave any majority of your bitcoins on MT Gox, that they were better off to part ways with you. I say, cut your losses, and return to your day jobs, and please, don't go crying to your nanny state to clean up your mess.

Best Regards
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Topic
Board Development & Technical Discussion
Re: bitcoin encryption details
by
LanYu
on 29/01/2014, 18:16:05 UTC
You'll need to be more specific because the answers depend...

- What wallet software are you talking about?
- When you say encoding, do you actually mean encryption?

Thanks for the response. I meant the original bitcoin wallet client. Also, I did mean encoding, I.e. how IA the passphrase encoded, utf-8 etc.
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Board Development & Technical Discussion
Topic OP
seeking bitcoin encryption details
by
LanYu
on 29/01/2014, 17:35:00 UTC
I have a few questions regarding the details on bitcoin wallet encryption for the original bitcoin wallet.

1) what encoding standard is used for the passphrase? By this I mean how is the text entered encoded i.e. utf-8 etc.
2) is there a way to manually check the decryption of a wallet without submitting requests to the server?
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Topic
Board Speculation
Re: BTC Beginning of the End !
by
LanYu
on 17/01/2014, 13:39:30 UTC
"Beginning of the end"? I see it more as "everything going as planned"
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Topic
Board Bitcoin Technical Support
Re: Encrypted wallet.dat, lost password, any solutions?
by
LanYu
on 17/12/2013, 01:17:26 UTC
1: I encrypted the wallet on a live ubuntu CD. Is there any difference in encoding?
2: Is there any faster way to check the key, besides submitting a message to bitcoind? I am currently doing about 3-4 guesses per second which isn't cutting it so far

I have what I thought was the key, but so far no luck. If the key is somehow in a different encoding, then I don't want to be grabbing at sand, but I also don't want to sit around for 10 years. Wondering what some alternatives are.

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Topic
Board Bitcoin Discussion
Re: Name something you've actually BOUGHT with bitcoin
by
LanYu
on 28/11/2013, 15:31:48 UTC
Bought a CPU for 20 bitcoins in 2011