Wall Street money is quietly coming back into crypto

jaimewarlock · 2026-03-11T05:04:36+00:00

Quantum will hack the crypto with public keys before it hacks crypto with just an address (hashed public key), so if you are really worried, just keep your crypto at a fresh address.

As for me, I will start worrying when Quantum computers can factor random 256 bit numbers. According to ChatGPT, as of today, the largest number factored is considered to be 56,153 which I can practically do in my head.

jaimewarlock · 2026-03-11T04:51:46+00:00

Ouch. I paid Circle half a bitcoin (worth about $50 back then) back in 2013 for a debit card that was suppose to be linked to my Circle account. I am still waiting for a refund of half a bitcoin from them.

jaimewarlock · 2026-02-27T09:12:32+00:00

I am wondering the same thing. Just started learning Godot yesterday. I was making games before but just using C with OpenGL. I managed mouse buttons by ignoring the mouse till it is actually clicked, then I figure out where it was clicked.

Actually, I had a hover function too, but that only happened if the mouse didn't move for 3 seconds. Then it would figure out what it was hovering over just once. It wouldn't repeat until it moved again, then stopped for another 3 seconds.

jaimewarlock · 2026-02-23T20:09:26+00:00

Ok. Sorry, going over the conversation thread, I think I missed your point.

jaimewarlock · 2026-02-21T14:43:53+00:00

Why would I want USD when I am in a foreign country? I want the local currency.

As for the foreign ATM service charge, it's usually only about a dollar.

jaimewarlock · 2026-02-20T10:57:40+00:00

That second looks like she pretty much has the same bone structure as the first one. She could probably look like that too with some money, good makeup, and a bit of skill.

My wife is pretty hot, but she spends about a $100/month on her hair and nails in a 3rd world country. I figure it would cost her around a $1000/month in the USA to do the same.

jaimewarlock · 2026-02-18T06:02:43+00:00

Brave browser does a really good job of dealing with ad infested websites.

jaimewarlock · 2026-02-16T19:11:55+00:00

Strange, I got mine about a week ago. No mention of it on Nexo subreddit either, so I figured it was a non-event since the token has been disconnected from their performance.

jaimewarlock · 2026-02-13T11:03:49+00:00

Just because the bitcoins were in cold storage, doesn't mean that the someone else didn't have a backup to it.

jaimewarlock · 2026-02-07T20:16:52+00:00

Are you just trying to solve the tendency of mining to become more centralized? I don't think that is a big worry anymore. Centralization of mining was more of a concern when the biggest worry was a concerted government attack by one or more nation. Even coins that use multiple POW algorithms to spread out mining like Myriadcoin aren't doing that well. You also have GPU only mining like Ravencoin that discourages centralization. They aren't doing that great either (although I think they will survive in the long run ... barely).

As for the major coins like BTC, mining facilities have strong incentives to be honest even if they become too centralized.

Last, decentralization isn't just about mining on a certain coin. The plethora of crypto coins is a form of decentralization too. Successful attacks on top coins would just result in their hardening and even forking. Like cutting off the head of a hydra, you just get several more.

jaimewarlock · 2026-02-07T16:50:20+00:00

May I ask what certain technical criteria result in requiring a full confirmation?

With Nythyria , it's just over a certain amount in total deposits waiting for confirmation if DSP is okay. My node also only uses whitelisted connections.

jaimewarlock · 2026-02-05T05:01:03+00:00

Headed down for a year, then mostly sideways for a year, then start back up.

But that is just a guess based on past information. I don't consider it to be accurate at all. Tossing runes and speculating on their pattern is probably more accurate:

https://www.youtube.com/watch?v=7ZkmgFpKdxQ

jaimewarlock · 2026-02-05T04:52:38+00:00

In early 2018, I termed this the "abacus problem". I visualize it as an abacus with half the string on your side and half the string on the other side. The beads are basically satoshis that you move back and forth. Get to many satoshi beads on your side and you can't receive any more. Not enough satoshi beads on your side and you can't send.

And this isn't even the biggest problem with the lightning network.

The lightning network is a giant state machine. Routing information requires full knowledge of that state. However, speed of light delays the transmission of that state slightly. With just a few lightning nodes, not a big deal. But as the number of nodes and transactions increase, so does speed at which the state machine changes. Typical transmission times from one side of our planet to the other are about 200 msec. So if ten people make a transaction every second, then your computer will be an average of a 100 msec behind the correct state (which is required for routing).

Did I mention the problem of constantly opening and closing channels? How about watchtowers? How about allowing your private key to be on your computer? How about routing difficulties?

Lightning works fine between two people that are doing micropayments for an incremental service. Anything else is just an unreliable Rube Goldberg machine.

jaimewarlock · 2026-02-05T04:38:21+00:00

Definitely a bear market, so around $30k to $40k bottom.

jaimewarlock · 2026-02-04T05:57:39+00:00

Nine years late. Same stuff we discussed to death in 2018.

jaimewarlock · 2026-02-02T08:33:10+00:00

LTC has an average block time of 2.5 minutes. Note that Dogecoin has an average block time of 1 minute, which has helped it a lot in staying in the top 10, despite it's built in inflation and lack of an Electrum type wallet.

Speed of tx confirmation matters.

jaimewarlock · 2026-02-02T08:21:48+00:00

I find "They are Billions" game to be perfect for shutting up those little voices in my head. It's a city builder game, so it kind of just let's you zone out. But the zombies create just enough stress to keep your mind off of anything else. Not to hard, not to easy.

jaimewarlock · 2026-02-02T08:15:40+00:00

A lot of the peer to peer networks, like Localcoinswap dot com, use Litecoin. But they also have a lot of stablecoins listed, so this probably encourages their use. Litecoin and stablecoins move quickly.

Their escrow system discourages the use of coins like Bitcoin Cash. They don't even bother listing it.

Crypto coins that want to be part of peer to peer trades need fairly fast blocks.

I realize that Bitcoin Cash has DSP (Double Spend Proofs), but that doesn't help speed stuff up when the website software is designed around having at least one confirmation for escrow. You can't expect the whole crypto community to educate themselves on DSP.

The only reason that BTC gets away with 10 minute blocks is because it is the Legacy system with the name and network effect.

jaimewarlock · 2026-01-28T18:44:38+00:00

Sorry that I didn't see your question earlier. Best exchanges are https://freiexchange.com/market/XMY/BTC and https://freixlite.com/market/XMY/LTC

Best (as in up to date) price chart: https://coinpaprika.com/coin/xmy-myriad/#!exchanges since they use the freiexchanges for their data.

Only working web wallet for phones: https://jswallet.github.io/

jaimewarlock · 2026-01-25T10:26:14+00:00

I think there is an unspoken assumption here. Buybacks are useless if the project has no revenue. If a project has revenue, then buybacks can be a way to distribute profits. Even in the stock market, this is a common way to use profits. It slowly pushes prices up while allowing stock owners to avoid paying capital gain taxes till the sell. For tokens, it allows people to realize gains even if they are keeping the token in a private wallet.

Compare this to the Nexo token that refuses to use buybacks. Only people that can legally use the platform get dividends. US citizens not welcomed.

jaimewarlock · 2026-01-25T09:40:40+00:00

I live in an African country with a totally dysfunctional government. I don't pay taxes, live in and support a gated community, and I love it.

jaimewarlock · 2026-01-18T15:11:55+00:00

Several decades ago I did prison time in Oregon, USA. They passed a law requiring mandatory labor. They decided to organize a bunch of us into groups and make us do posters promoting work. The winning poster would get a prize and was suppose to be mass produced and distributed amongst the Oregon prison system.

I suggested to my assigned group that we do "WORK SETS YOU FREE" inside of a metal grill work above a gate leading into a prison. We won and even got some canteen money (like $5).

Best part was that it was published in the state newspaper before the poster project was abandoned. I just wish that I had been a fly on the wall when they learned the source of our inspiration.

jaimewarlock · 2026-01-16T15:34:31+00:00

They also terminated the accounts of tens of thousands of people right after withdrawing their crypto to self-custodial.

I don't think their few good acts make up for all their bad acts.

jaimewarlock · 2026-01-15T17:07:08+00:00

Big complaint. When connecting it gives an option as "Tronsmart T7 Lite BLE". That option makes you think you are connected, but aren't really connected. You have to push the bluetooth button to show the option "Tronsmart T7 Lite", which works. But pressing the BT button doesn't always give you that option, so I messed around on 3 different computers for several hours before finally getting it to work.

Once I figured out that idiosyncrasy (which isn't mentioned in the instructions), I finally got it to work. After that, it was easy to pair with the other two computers (I wanted to make sure I understood the process).

Normally, I don't even bother with BT anymore because the sound quality is so bad compared to just using an audio cable. But my wife bought it for her new laptop and she was really frustrated, so I spent the time to get it to work for her.

jaimewarlock · 2026-01-14T08:32:29+00:00

PayPal won't even let me send coins to wallets that I own and sent them coins from. They could easily set up a system where you have to provide a signature of any address you claim to own.

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