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Messages - NotATether

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1
I don't know what is the minimum amount that Jambler accepts for investment, but I don't think most people are not able to work with them.

It's not that the minimum investment amount is high, it is only 0.04 BTC.

However, the investment is not profitable unless you invest close to around 1 BTC at least. When I say not profitable, I mean you actually lose more money than you get back. I have no idea why that is, but I am basing this information on Jambler's profitability calculator which I was playing around with today.

Plus, they are looking for coins from exchanges, not any random UTXO... so in case it is not good quality they will just bounce the money to you.

2
Jambler was very active in bitcointalk forum and I think they are providing great service for improving privacy and making profit in the same time.

For making profit, sure, if you are a partner mixer or have a lot of exchange coins to invest.

You can't just invest whatever coins you want with them, they specifically ask for *exchange* coins. Also they are not asking for small money or anything. They easily need 0.1+ BTC in order to return a profit for you. Otherwise you will actually lose money from the stock exchange fee.

Most people are not willing/not able to put that sort of money for investment.

3
For all those who haven't tried the free mix yet and hesitated because of the high fees, now is the right time to do it - because you can do it now for only 8 sat/vB and that's the only thing you'll pay to experience the service. In any case, be sure to send exactly 0.001 BTC satoshi and select Try Now For Free option.

I mean, it's technically not free as you are still paying transaction fees off of it  ;) but yeah I have no idea how we have managed to get the few down all they way to 8. I have literally never seen anything like this since the Ordinals days. Blocks mined in hyperdrive or something? Or maybe someone's datacenter suddenly came online?

4
been listening to some of Whitney Webb's interview and podcast appearances and what she has to say about ESG, carbon emission market and the use of Bitcoin for this silent revolution but i have not really seen someone from both forums talk about her points regarding the issues she throw and whether it has validity.

anyone care to share your view to what she is saying?  especially about what Blackrock's plan as its related to having one database for our digital IDs.
Well, this could be related to BlackRock's deep involvement in the crypto market through largest asset, BTC. BTC Spot ETF has both positive and negative impacts. In the short term, it can boost BTC price growth, but in the long run, it can negatively impact Bitcoin's decentralization and self-custody. The crypto community has discussed this a lot, but there is no way to prevent traditional investors from buying BTC Spot ETF, and we don't have enough resources to fight against BlackRock's involvement in the crypto market. We are even happy to see that the inflow of money into BTC Spot ETF has helped many tokens in the market to rally strongly in the past few months.

Let's face it, normal investors were never going to self-custody bitcoin themselves. Do you really trust them to not lose their keys or forget the password to their wallet? For most of these people, blockchain is a completely new technology to them, and they are more used to trading the normal way, which has less chance for mistakes as they know most of the operations by memory.

Quote
I think we are forced to accept and make trade-offs when giants from Wall Street like BlackRock come to this market. They can help the market grow stronger, become more popular, and have a clearer position in the economy, but their ultimate goal is always to seek profits rather than do charity. We can only focus on investing and always be cautious of their manipulation schemes. I believe that BlackRock not only wants to earn revenue from management fees for BTC & ETH Spot ETF, but they may also manipulate, accumulate BTC, and become whales in this market.

Blackrock literally controls trillions of dollars worth of assets, and not just bitcoin by the way, but real estate, and other resources. It's not healthy for the world economy when a few companies (Fidelity is another one) controls most of the resources.

5
Statistically, the crypto community is usually dominated by Male and this is backed by many publications indicating about 70% of the crypto community is made up of male demographic...

*was

Prior to the first major bull run in 2017, you could make the argument that crypto was mostly dominated by men, nerds, programmers, geeks, people who were terminally online at forums and mailing lists etc.

But since then, the floodgates have really opened and now everyone is rushing to be a part of crypto, no matter what gender.

So I don't think the gender gap exists anymore.

6
Well, it's good that they are arresting the money launderers who are helping out with this scheme, but what about  the masterminds of the whole pig butchering scam?

I would've tried to locate them and put them behind bars to dismantle the entire operation. Since they are putting the proceeds inside bank accounts, it really shouldn't be too hard for some government to carry out.

7
I thought that Venezuela has a lot of oil and oil reserves and it can fuel their electric grid for a long time. So why they have problems with electricity though? I'm no expert, but I don't understand why a country with a lot of oil is suffering from lack of electricity.

The reason why the country is so crippled economically is because it has no way to process any of those oil reserves and sell them or convert them into electricity on a large scale.

You can blame US sanctions for that.

Also that explains why Venezuela president has wanted to invade some neighboring countries like Guyana that have lots of oil reserves, to get access to liquid assets that can be sold easily for case.

8
It might be a good idea to use Tor and vpn when you are visiting mixing services like this or anything in general.
We know that government can always demand all information for visited websites of all citizens, and they could use that in future against people.
If they can now charge someone for something he wrote on social media many years ago in some countries like Canada, than they can do anything.
For those who gave first priority to privacy, using the Tor browser is the best option. I have also like browsing on tor browser but sometimes when the tor browser takes time to establish a privacy connection and sometimes when I face slow browsing I have to use our traditional browsers. I don't know if there are any way to more faster browsing on tor browser.

That's one drawback of using Tor browser though, it is going to slow down your connection. And that is the price that you have to pay for compare to using traditional browser or clear net.

But it's absolutely worth it if the alternative is the website unmasking you by your clearnet IP address. Besides, the slowdown isn't that noticeable, it's only a few seconds at most.

With Tor browser you can get full privacy, especially if you use the onion site instead of the clearnet site.

Anyway, Coinomize is good for business. Let's hope that they continue for a long time to come. :)

9
Bitcoin Mining / Re: BTC mining is good for society & environment
« on: May 26, 2024, 05:45:40 AM »
We all know the case against BTC mining: BTC mining consumes electricity, which leads to...
There is another argument that BTC mining poses a real environmental threat from your emissions.

But that's BS because most mining is done with renewable energy and also using natural gas byproducts that would otherwise have been dumped into the atmosphere by oil companies.

It has a name, but I do not seem to remember what it is called.

Although, most people have stopped hashing that argument *for now* with the exception of counter-activists like Greenpeace.  Maybe they will all suddenly remember these things in the next bull run?

10
Meme Coins / Re: Doge coin dog KABOSU passes away..
« on: May 26, 2024, 05:41:52 AM »
In addition, Elon Musk has long since been reluctant to talk about crypto as much as he did in the bull run 2021.

I guarantee you that this guy will be drooling all over crypto when it hits a bull run next year, if not towards the business end of this year.

I'm sure he and Tesla do not want to be known by the people as "the old dinosaur who gave up on crypto".

Quote
I'm not sure if he will be quick to shill another memecoin as DOGE is still the memecoins leader and the only memecoin accepted for payment at Tesla. I myself also tend to invest in DOGE rather than choose any other memecoin in this market.

Is that only DOGE by the way that's accepted entirely, or other coins as well? I believe they stopped accepting BTC a while ago if I recall correctly.

11
I think that it should be stated somewhere what ratio BTC -> ETH will be calculated during the exchange.
It is different for most exchanges, here is the clearest example on Bestchange monitoring. Right now the range is from 17 ETH = 1BTC to 18.9ETH = 1BTC. (https://www.bestchange.com/bitcoin-to-ethereum.html)

Providing this information should not be complicated, and it would increase the level of transparency.

I mean, that makes sense, right? You should be calculating exchange rates when the ETH is sent (i.e. when the mix is done). Otherwise there could be price discreptencies.

And bestchange won't really help in this case because although different exchanges may have higher or lower rates, mixero would just use their own rate for converting.

12
Reputation, Scams & Phishing / Re: Yo mix scam for 1.6 btc
« on: May 23, 2024, 03:33:37 PM »
I do apologise for lack of information yesterday I sent 1.6 btc to the said mixer here is the  mix ref

LSuS-rHkY-sIKE-9376

This is not going to be useful because we don't have access to the mixer's internals or database.

The last time yomix advertised on BTT, they were not scamming. What has really changed? Trust you checked the URL very well and it is the real yomix you sent your BTC to.
Meanwhile, yomix is not advertising here, could this mean that they have started scamming. Op, I also think that 1.6BTC is a big some to try to mix at a time. Dividing the fund into 3 and mix differently would have been a good option.

They're not advertising here because they've been outed by Chainalysis (or was it Elliptic?) as partners in crime with Sinbad who have already been sanctioned. I guess they are trying to lie low...

Not because they have a good advertising in bitcointalk meaning they will be completely trust worthy because remember
that scammers will pretend to be good in most popular forum to fish their targets,
they are once one of the best mixer but that does not stay that long because even in BTT there are several accusation
they are facing so  i think this mixer is now turn red to their plans.

...but that does not explain the question of why did they decide to go rogue.

How do they expect to receive any clean money if everybody knows they are scamming?

13
~snip~
I have never used this feature on MixTum because I am usually more interested in the amount of BTC leaving my personal account rather than the exact amount to another my personal account. I think some users will find this MixTum service useful.


I think it's something new, because I honestly can't remember seeing it before. I also think that some users will find something useful in this possibility, although at first it seems that there is not too much difference between classic mix and Precise Payment Mode, but @examplens wrote something about it that could clarify things a little.

In any case, it's good to see something new, which means that "business" is not on autopilot, but that someone is thinking about how to upgrade it.

Precise payment has always been a feature offered by Jambler and it was available on quite a number of other affiliated mixers before Mixtum added it, apparently.

Maybe there is a feature to turn each mixing mode on and off.

I imagine the partners each get their own control panel which lets them enable and disable other features too.

14
Bitcoin Forum / Re: Joinmarket.net (discussion) experience?
« on: May 23, 2024, 03:27:06 PM »
This is the hosting message, (powered by DirectAdmin).
The two most likely scenarios are either a DDoS attack that has drained bandwidth or a sudden excessive interest in the site. It will probably be back online from June 1st.

If it's an application-level DDoS, it can be fixed with Cloudflare.

As much as I don't like Cloudflare, it is necessary in order to stop these kind of DDoS, which usually happen random and indiscriminately.

I wonder why people even bother wasting their botnet's resources in order to take down what amounts to basically the whole internet. Don't they have anything better to do?

15
Bitcoin Mining / Re: BTC mining is good for society & environment
« on: May 23, 2024, 03:23:56 PM »
When there's a reserve of electricity (caused by having lots of miners using a fixed amount of GW at any given time), then you can basically unlock it during a crisis by contractually obliging the miners to shut off their equipment.

It becomes a bit of a problem when no contractual measures or legal agreements are put in place between the utility and the miners though.

For example in Iran, which largely condemns BTC mining officially (IIRC), the miners are operating there with no agreements with the state utility(s) so they just use as much power as they want and nobody can force them to stop during a period of constrained electricity availability except by actually raiding their warehouses and seizing all their gear.

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