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Messages - NotATether

Pages: [1] 2 3 ... 11
1
Bitcoin Forum / Re: The anti-mixer arm of Congress
« on: May 14, 2024, 05:39:46 AM »
Sadly, privacy is becoming harder and harder to achieve just because this anti money laundry war doesn't care about citizens rights for privacy.

Well, I mean they do care about some citizens' right for privacy, just not the person-kind, but the legal document charter-kind  ;)

<seriously> they will continue to give banks the right to privacy.</endseriously>

2
Something is happening with them, I am not sure if they are coming back online or not, but I saw their reddit page r/UniJoin is being active again and making new posts.
Few minutes ago they made a post talking if mixers are traceable:
https://www.reddit.com/r/UniJoin/comments/1cqwcgu/are_bitcoin_mixers_traceable/

Five days ago they made another post, and at this time their official website was already not working:
https://www.reddit.com/r/UniJoin/comments/1cn1tao/ever_wondered_about_chainalysis_lets_unpack_it/

It is unclear to me who actually controls Unijoin reddit account.

It could be someone's (ie the operator's) personal account or something?

I dunno. It definitely does not imply they are going to resume business any time soon, if ever.

3
Basic Questions about Cryptos / Re: Did my wallet get dusked?
« on: May 13, 2024, 07:31:01 PM »
The normal way to solve these kind of dust problems is to just end the dust somewhere else and burn it without spending any of your other inputs. I mean it's dust, right? You won't need it for anything.

4
Announcements [ANN] / Re: 💠 Tengri Crypto › Privacy Tools
« on: May 13, 2024, 07:28:04 PM »

After consideration. Tengri has decided to close. Thank you for being with us on this short journey.

That was very brief. Mind telling us the reasons behind your decision?

5
~snip~
...people should use DAI instead of USDT in my opinion (EU users, be careful USDT will be banned in June for the whole EU).


I didn't know that the EU geniuses would do it, but it has been a big wish of some people from the ECB for years, especially their chief CL, who otherwise has a similar position on cryptocurrencies as, for example, the well-known SEC chairman. Given that I do not use stablecoins, this decision will not affect me, but it is really funny to me that they are fighting in such radical ways against everything they consider a threat to the euro - but they are obviously learning from their political brothers across the big pond.

Surprise (insert The Joker GIF here), who would've known that blacklisting your own coins wouldn't stop you from getting banned?

If you are not working with the government then you are like an enemy to them.

6
Another automated attack has taken down the Tor mirror of BitMixList. The main site was unaffected by this. Please stand by while I restore operations.
Again?!  :o
This just shows again how serious they are with this attacks and censorship of mixers and everything related with privacy.
If they are doing this with simple aggregative list of privacy for bitcoin, you can only imagine how they are attacking mixer websites itself.
It's fairly easy to do this when you have unlimited money supply and money printing machine.  :P

This time it did not look like it was targeted. It appeared to be a DNS amplification attack hitting servers at random, and I somehow got caught in it. Very brief but deadly, and ISP has shut off my IPv4 traffic as a result of that as it had caused quite a few abuse reports :(

I need a few days to make backups, then I'll reinstall the server and we should be good (?) depending on whether this was a one-off (I hope so!)

7
Another automated attack has taken down the Tor mirror of BitMixList. The main site was unaffected by this. Please stand by while I restore operations.

8
You should not be using P2P sites to trade bitcoin because the rates will be very variable and well deviating beyond the market rate. Even sometimes it can be 5%-10% higher. So you are not going to be making money this way, you will actually be losing money. To say nothing about the order delays.

P2P sites should be used for buying and selling only. If you want to trade, use a full fledged exchange.

9
Bitcoin Forum / Re: All you need to know after Bitcoin halving
« on: May 12, 2024, 06:29:29 PM »
An investor that is struggling to pay bills, struggling to make it in life and doesn't have alternative means of making money often don't achieve such kind of journey.

Um...don't you see the oxymoron at the beginning of your sentence?

How can you be an investor if you are stuggling to pay the bills?

Being an investor implies that you have money to put into projects that you are OK with losing. And a lot of money, not a small amount. The same mistake I keep seeing over and over again is "investors" losing everything after the project they invested all their money in pulled an exit scam.

10
I am only aware of one such app - Mixin Safe.

A long time ago, they advertised a promotion and review campaign on Bitcointalk, which went pretty well, but then when everyone forgot about it, their whole platform suddenly got hacked and they lost a large part of their balance. Almost their entire balance if I recall correctly, and it brought all operations to a screeching halt. The CEO was even trying to negotiate with the hackers, it was crazy.

11
There's no chance for FTX to rebuild again after what happened, even if they return the funds of their investors and even include interest. I don't think these investors will come back to trust FTX again; they've caused a lot of miseries to their users and they also create distrust and disruption in the industry.

Investors have learned a lot from their experience from FTX and there will neve be another chance.

It has been said officially
Quote
An FTX lawyer said during a Wednesday hearing that plans for a re-launch of the exchange won’t come to fruition.
https://www.theblock.co/post/275405/bankrupt-ftx-wont-be-restarting-but-former-customers-will-get-money-back-in-full

So it seems that FTX has finally been staffed by grown-ups after the kids were left running around making a mess of the company before.  :)

Not restarting operations at all is the correct decision. Where would they even find someone competent enough to do that for instance. The senior executives are either jailed or on trial right now.

These lawyers are pretty good. I wasn't expecting this kind of end result to come into fruitition.

12
Sometimes it feels like a chicken and egg problem, where a signature campaign is the most effective incentive to make boards feel alive but no one is going to advertise on a dead board unless they can do it with little to no cost. I can only see the board come alive if some high-quality members spend some time to improve the discussion quality on that board, which is a huge thing to ask if there's nothing to gain for them. Maybe the new quality bar can help that to some extent, but who knows?

It's not a chicken and egg problem at all.

Look at Bitcointalk, you have people crying out for new boards all the time, and when that happens then that's a good thing, because it means those other sections of the forum are being utilized. When I came here, I saw a bunch of abandoned boards. It certainly doesn't help that anyone can just pay a few bucks to create a new forum for their coin/exchange.

13
Bitcoin Forum / Re: High fees is a never ending story?
« on: May 12, 2024, 06:16:54 PM »
Fees are back to let's say acceptable levels for simple payments, meaning 1 input, and not buying a coffee.
The bad thing in this is that it also means usage is dead, the blocks are full of runes and ordinals, a ton of them are coinjoins, we had 100 fewer blocks in the last two weeks that would have cleared the patch down to 6sat/vb and it keeps dropping, so probably a lot of users have either gone altcoin or (hopefully LN) and you're not going to see them coming back too soon.
That's right, fortunately at this time there is not too much use of the Ethereum network, which makes Ethereum transactions run smoothly without any obstacles and makes the gas fees required very cheap. Hopefully gas fees like this will last for a long time.

No, I wouldn't say that. Ethereum always has a steady transaction volume, but these days you don't hear about transaction throughput that is as bad as Bitcoin's, because they have a higher TPS and block generation rate. In the past, it was an issue though (google CryptoKitties, which ironically reminds me of BRC-20) but I think the Ethereum developers have found a way to remedy that.

14
Basic Questions about Cryptos / Re: Are Bitcoins a good investment?
« on: May 12, 2024, 05:39:25 PM »
Only long-term investors benefit the most, because whenever you invest in Bitcoin it must be long-term, if at all.  Short-term investing in Bitcoin carries the highest risk, as buying Bitcoin for a short period of time can cause the market to dump at any time.  That's why it's normal for that investor to experience losses at any time but whenever you invest in Bitcoin for two to three years or more, your logic will be much less and the benefits will be more.

You need to define long-term and short-term.

I consider long-term to just be a few years at least, like 3 or 4 years. You don't have to wait for decades like you do with these fiat stocks, bonds, treasuries, index funds and so on.

With people being more impatient than ever before though, most people can't even wait a few months before emptying their bags, so that's some real short-term loss.

15
I think things are very Clear , since Elon is a fan of Doge, it is very obvious that Doge can , for me it would be great if he put Bitcoin, but the bad thing About Musk is that he hasn't talked much about Bitcoin and that causes Rejection , only DOGE, and Doge's Biggest Pumps are thanks to him, because basically when things become clear for these things it is Doge who would be the closest coin to this.

We, as connoisseurs of Crypto for years, know that as long as Musk supports Doge, then Doge will have life, and that will be something that can generate more trust Among Doge Lovers.

Naw, they're not clear.

You probably know that Twitter handles all payments via Stripe.

Stripe, as I've covered earlier, does not offer customers the option to buy their products or subscriptions with crypto, especially not DOGE. And they have no intention of doing so in the near future

So the decision to integrate DOGE into Twitter is not even in Twitter's hands. It is strictly for Stripe to choose to do, unless Elon wants to use another payment gateway.

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