₿ 💯 🛡️ GenesisMix.cx High Profile Private Bitcoin Mixer|Low Fees: Only 0.7% ✅

[kai]

......
One question, Do plan to launch a signature campaign here in near future?

This is just my guess and I hope my guess is right,

Code: [Select]

Huge thanks to respected forum member AB de Royse777 who is guiding us to set and execute promotion plans.

Quoting from the statement of the core team of GenesiMix, it seems that there will be a promotional event and there are many types of promotions, such as using social media, blogs, videos or forums.
If it is true that the altcoinstalks forum is open to the GenesisMix project, I think the core team will open a signature promotion here.
Btw, I like the banner ad on the main page of the altcoinstalks website for GenesisMix because it is the first ad that appears when all altcoinstalks members log in.

[examplens]

We do not know about other bitcoin mixers but our mixing mechanism works in several steps, all happens on chain. Each step requires to pay network fees. If we could execute our mixing mechanism just like a withdrawal request in a bitcoin service platform like exchange, and gambling sites then our tech team could write a simple script and calculate the network fees dynamically.

When determining the fee structure, you cannot follow exchanges or casino services because they have a completely different business model. Earning through transactions and withdrawal fees is not their profit-making model, while mixers do.
If it is possible to have a variable netowrk fee for each mixer, we already have functional services that work according to such a principle. I won't name them so as not to derail your ANN thread, but here's an example
This is not a direct criticism exclusively for Genesismix, but for all mixers with (at least for me) too high network fees.

Regarding recognizing a reputable member, we would like to know your feedback of our choice.

As far as I understand, it's Little Mouse.
I see that he has just posted a signed contract on the BTT forum. He should definitely do that here as well, as well as sign the address with the funds, possibly even one of the previously staked addresses, to avoid any doubts about the originality of the account owner.

[Stuart]

You are welcome to the forum GenesisMix .cx
It's quite fascinating seeing the .cx extension, I haven't really seen such extension before. That being said, the crypto community is flooded with competition all round clock, and everyone in the community wants to work with a project that offers a friendly fee when it comes to transaction. Are you guys working on that, cause I saw someone pointing on you taking about $20 for transaction fee. This could be a challenge to adoption and survival in the crypto space.

[Gposas]

Nice seeing another mixer on the forum aside from the active Coinomize and Mixero.
You're welcomed to the forum as we hope to see the activeness of your project.

Considering the price of mixing, I just read some comment terming it high, but though I don't really make use of mixers, I feel every mixing platform price varies but on my opinion, how about you guys do some discount in price as a form of welcome bonus to new users...? (Just a suggestion)

And also concerning the timeframe for each transaction, is it affected by the rate of fee???
Like if you pay higher, your mixed crypto asset will arrive your wallet faster?

[genesismix.cx]

We will answer the due questions after a few hours.

There are some updates we would like to post.
* We updated our first post with new design. please give us your thoughts.
* We are going to fund the escrow wallet given by Little Mouse soon and post an update about it.

There is a little problem we noticed, one of the member informed us that the escrow contract page has been deleted. This was the page https://bitcointalk.org/index.php?topic=5534050.0

Unfortunately we already linked it in our website and main post of this topic.
May we know the reason?

Kind regards,
Team GenesisMix.cx

[examplens]

Unfortunately we already linked it in our website and main post of this topic.
May we know the reason?

Any promotion of any mixer is not allowed on the Bitcointalk forum. Little Mouse made the topic about your escrow contract look like some kind of Genesismix promotion, so the thread was removed for that reason.

I don't know why you went to another forum, as far as I know Little Mouse is active here too. He could have set up an escrow agreement here, too. Of course, if there ever is any dispute, it will be resolved here, not on Bitcointalk.

Certain escrow norms should be met, it is not enough to just sign the address and possibly deposit funds. On the other hand, it is necessary to define eventual cases when assets may be liquidated, how arbitration will be conducted, etc.

[genesismix.cx]

You are welcome to the forum,  i think you are already acquainted about the forum and how it works. Concerning member(s), you will gets good informations and suggestions on this threads through forum members conversation as time progresses.
One question, Do plan to launch a signature campaign here in near future?

Thank you Bobcrypto, our campaign manager has given us a road map and he will inform us when to launch different campaigns.

[quote author=genesismix.cx link=topic=328313.msg1724487#msg1724487 date=1740878205
Happy to see another SimpleX user. Instead of using Telegram, we prefer to use SimpleX when the topic is about privacy.

Bitcoin inspires us to give more value to security and anonymity. Thanks to decentralization.

We believe all bitcoin users have their right to protect their financial privacy. The GenesisMix.cx enables you to secure that desired privacy. A bitcoin user with the luxury to spend more on service fees and do not want to wait longer even the delay to zero, will have the similar anonymity of a bitcoin user with the luxury to wait longer delay even to 7 days by paying lowest service fees.

For any reason if we are not interested to provide service to a bitcoin user, we will not execute their order. We will freeze the coin and wait for the bitcoin user to contact us using our official support channels. After collecting necessary information we will send back their coins to a given address without sending it to our mixing pool.

Technically speaking, what is the difference between paying a lower fee and a higher fee? What will happen in terms of mixing? Is the only difference the delay time?


So there is the possibility of responding to government requests or requesting more data from users such as KYC?

Let us imagine a scale to picture difficulties, this is just an idea to explain you better. 0 for easy to break, 100 for almost impossible to break.
1. Lowest fees which is 0.7% with lowest time delay which is instant will have a difficulties of lower than 5 which is still better than sending your coins openly.
2. Lowest fees which is 0.7% with 7 days time delay will have a difficulties of 60.
3. Highest fees which is 4.7% with highest time delay which is 7 days will have a difficulties of 100
4. Highest fees which is 4.7% with time delay above 3 hours will have a difficulties of 90 to 100
5. Highest fees which is 4.7% with time delay below 3 hours will have a difficulties of 85 to 90

We hope you get the idea. With GenesisMix, our users have complete freedom to combine any combination they consider better serve for them.

So there is the possibility of responding to government requests or requesting more data from users such as KYC?

Not really. We do not keep data after 24 hours of an order that has completed. When you will place an order with us, you can verify it by yourself. After a certain time of completion of the order you will see the link of your order page will not show any data. We only ask the Letter of Guarantee when resolving a dispute.

Btw, I like the banner ad on the main page of the altcoinstalks website for GenesisMix because it is the first ad that appears when all altcoinstalks members log in.

This is our first step to dive into crypto community promotions. We are going to test many forms of marketing which are in our roadmap by the direction of our campaign manager.

Something unimaginable that we noticed, it turns out one manager is very upset about not accepting his proposals and now he is threatening us that we will not be able to have the top banner in April LAMO. There will always be a trouble maker, unfortunately. We appreciate all of your welcome messages for us publicly and in private message except this poor campaign manager is trying to impose his service by spreading negative sentiments about other managers. Really not a good business conducting style.

When determining the fee structure, you cannot follow exchanges or casino services because they have a completely different business model. Earning through transactions and withdrawal fees is not their profit-making model, while mixers do.
If it is possible to have a variable netowrk fee for each mixer, we already have functional services that work according to such a principle. I won't name them so as not to derail your ANN thread, but here's an example
This is not a direct criticism exclusively for Genesismix, but for all mixers with (at least for me) too high network fees.

Absolutely, exchanges or casino services and our type of services are completely different. Earning through transactions and withdrawal fees are not also our profit-making model too. We are absolutely sure that we were not able to describe the answer clearly to you. We want you to understand that a mixing order goes through several on chain transactions and each steps cost us good amount of network fees. No offense taken, we welcome constructive criticism, otherwise it become difficult to improve.

As far as I understand, it's Little Mouse.
I see that he has just posted a signed contract on the BTT forum. He should definitely do that here as well, as well as sign the address with the funds, possibly even one of the previously staked addresses, to avoid any doubts about the originality of the account owner.

It is AB de Royse777 and Little Mouse. We wanted a different trusted member to perform the disputes and resolutions while having the security asset in his possession. Soon we will have an experienced forum member to look after questions and answers for us in the community.

Are you guys working on that, cause I saw someone pointing on you taking about $20 for transaction fee. This could be a challenge to adoption and survival in the crypto space.

We already explained it in our posts Stuart. Ofc you missed it to read 
It is challenging and we are up for the upcoming challenges to make our service available for everyone in the community.

on my opinion, how about you guys do some discount in price as a form of welcome bonus to new users...? (Just a suggestion)

And also concerning the timeframe for each transaction, is it affected by the rate of fee???
Like if you pay higher, your mixed crypto asset will arrive your wallet faster?

0.7% fees with 0.0003 BTC network fee for a mixer order is already a discount price to be honest considering the current industry. Understand that as your Service provider, we need to survive first to give you good service.

Concerning the time frame and fees, it has already been explained above, we appreciate your feedback.

Unfortunately we already linked it in our website and main post of this topic.
May we know the reason?

Any promotion of any mixer is not allowed on the Bitcointalk forum. Little Mouse made the topic about your escrow contract look like some kind of Genesismix promotion, so the thread was removed for that reason.

I don't know why you went to another forum, as far as I know Little Mouse is active here too. He could have set up an escrow agreement here, too. Of course, if there ever is any dispute, it will be resolved here, not on Bitcointalk.

Certain escrow norms should be met, it is not enough to just sign the address and possibly deposit funds. On the other hand, it is necessary to define eventual cases when assets may be liquidated, how arbitration will be conducted, etc.

Yes, our manager explained the reason already, thank you for explaining it once again for us. Now, we are working in setting up the dispute and resolution page in this community. Do you have suggestions about the escrow norms? We will appreciate some terms coming from our discussions and we can propose it to our managers.

[examplens]

Now, we are working in setting up the dispute and resolution page in this community. Do you have suggestions about the escrow norms? We will appreciate some terms coming from our discussions and we can propose it to our managers.

You are in good hands. As far as I know, Royse is an experienced manager, and he already had experience with similar things. I do not doubt that he will fulfill all the requirements.
By the way, is this your first mixer? I can't shake the impression that I've seen a similar approach.

[bitmover]

Little Mouse acting as a 20,000  escrow is very good, and that makes everyone feel a lot safer when using the mixer.

As you are investing so much in the community, why don't you run a review campaign? It is a relatively cheap campaign, and lots of users will give you nice suggestions for improvements, as we have many experienced users with mixers here.

[Ambatman]

Welcome to the forum Genesis. Hopefully your customer service and activeness would continue in this manner.
A plus in my book.
So in summary, priority for shorter duration has an higher fee
And the average duration is seven days (i.e minimum fee).

What's the minimum deposit? And what happens when a user accidentally sends lower?

[hugeblack]

Let us imagine a scale to picture difficulties, this is just an idea to explain you better. 0 for easy to break, 100 for almost impossible to break.
1. Lowest fees which is 0.7% with lowest time delay which is instant will have a difficulties of lower than 5 which is still better than sending your coins openly.
2. Lowest fees which is 0.7% with 7 days time delay will have a difficulties of 60.
3. Highest fees which is 4.7% with highest time delay which is 7 days will have a difficulties of 100
4. Highest fees which is 4.7% with time delay above 3 hours will have a difficulties of 90 to 100
5. Highest fees which is 4.7% with time delay below 3 hours will have a difficulties of 85 to 90

We hope you get the idea. With GenesisMix, our users have complete freedom to combine any combination they consider better serve for them.

The time delay will enhance the breaking of the link between addresses but the mixing fee will only do that if there is an extra round in coin join. Is this what is happening or what?


Do the coins received by the user come with a low AML score?

[dwyane36]

What's the minimum deposit? And what happens when a user accidentally sends lower?

It's problematic to check this now, as their service mixer is temporarily unavailable.
Anyway, it would be nice if they updated the FAQ section a bit, adding information about the minimum amount for mixing.
By the way, other mixers set the minimum amount for mixing from 0.001 BTC, and amounts less are considered as donations. So, it seems to me that this mixer has similar conditions for the minimum amount.

[DYING_S0UL]

Time to re-update/remove this link as this post no longer exists.



Just a suggestion, it would be better if the FAQ section had a little bit more information as well as an option to turn on/off JavaScript. Probably a JS/NO-JS version of the site! I hope the team can implement this feature.

[AB de Royse777]

As expected GenesisMix review campaign has launched.

🔎 📝 ⭐ 👀 GenesisMix.cx Review Campaign | Monthly reward $500
It's going to be a good one.

Let's continue support for GenesisMix. There are promotions in pipeline so stay in touch.

[Mate2237]

As expected GenesisMix review campaign has launched.

🔎 📝 ⭐ 👀 GenesisMix.cx Review Campaign | Monthly reward $500
It's going to be a good one.

Let's continue support for GenesisMix. There are promotions in pipeline so stay in touch.

This is nice. I really appreciate your effort of bringing more brands to the forum. Continue the good work. I will definitely test the mixer.