A "friend" of mine has been using Tornado Cash and now needs help finding a replacement to mix his funds. So far I have been able to identify a handful of them. Do you know anything more about the ones I listed? Also, please respond if you know of any others that he could use.
Railgun- I heard yesterday that it is down but I think they use relayers to mix.
0xMonero- They launched 0xTIP last month and their community is growing fast. The problem with this one is that although it has the potential to replace Tornado Cash, it doesn't have the liquidity needed to mix large amounts of funds yet.
BUCC- I heard that v1 and v2 were exit scams and that v3 just launched and was one too. I don't know if this is true or not but the token is supposed to enable you to store and transfer BUCC privately on ETH.
These mixers are new to me, so I can't tell whenever they're trustworthy or not. You'd just have to check on the code to see for yourself (although if such forks are a direct copy of the original Tornado.Cash protocol, there shouldn't be any problem using it). It's a good thing we have other alternatives, or we would've been "toast" by now. This shows us that crypto/Blockchain tech is truly unstoppable thanks to its decentralized and open source design. I don't think the US government will hunt down these alternatives, but if it does, then people should be prepared to make another copy just in case. Hosting the frontend interface of the mixer protocols on IPFS or another decentralized network should render governments' efforts futile in the long run. As much as I'm against money laundering and tax evasion, I hate it when governments take down people's ability to enjoy privacy and true financial freedom. At crypto won't be going anywhere soon. Who knows if the US and other mainstream governments give up on their efforts to try to destroy crypto/Blockchain tech? Just my thoughts  |
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Did anyone else get their orders shipped? I've placed mine over PM on August 11, 2022 but I haven't received a tracking number yet. This is the only message I've got from BitcoinPenny on August 17, 2022: Hi again, Abiky. Thanks again for another order with TBPCo! Your order will be shipping early next week...
Regards,
Chris
I've been asking him for shipment updates for a couple of days now, but no reply so far. It's been almost a month since my order was placed. Is anyone else having the same issue? I'm in the US, btw. Thanks. Thanks for posting this reply, Abiky. I'm just a little one-man shop that has accidentally grown too large over the last couple years for my limited skill set and time availability. I still do most of everything all by myself, so I often fall behind on some things — website updates, product photography, bookkeeping, emails, and (unfortunately) shipping. (Sadly, I don't make enough money to hire another employee, but I'm working on that now.) I appreciate that you've made your concern public. That gives me the swift kick in the butt that I sometimes need to get my priorities back on the right track. After all, customer service is EVERYTHING, and I've undoubtedly slipped a bit lately. I apologize for that. However, I have good news, my friend. All paid orders, including yours, were shipped out yesterday. I'll send the individual tracking numbers shortly via PM. In the meantime, please rest assured that your goodies are on the way. Thanks again for the much-needed recalibration, Abiky! Regards, Chris Hey, it's cool. I appreciate all of the hard work you've done over the years to "spice up" the physical crypto collectibles space. Never thought this was a one-man operation, so my apologies for being a little intrusive with many PMs. I'm glad to know you'll be looking for someone else to speed things up a bit. That said, I'd like to thank you for taking your time and attention in helping me solve my issue. I've got your PM with the tracking number. This definitely won't be my last purchase with the TBPCo. Cheers.  |
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Did anyone else get their orders shipped? I've placed mine over PM on August 11, 2022 but I haven't received a tracking number yet. This is the only message I've got from BitcoinPenny on August 17, 2022: Hi again, Abiky. Thanks again for another order with TBPCo! Your order will be shipping early next week...
Regards,
Chris
I've been asking him for shipment updates for a couple of days now, but no reply so far. It's been almost a month since my order was placed. Is anyone else having the same issue? I'm in the US, btw. Thanks. |
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9 - Abiky Thanks again for the raffle, Krogoth! |
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The price of Bitcoin and a number of other crypto assets has been observed to weaken over the past 24 hours amid investor anxiety about the US Federal Reserve's hawkish policies. My question is: can Bitcoin bounce back at its Psychological level? The FED's "hawkish" policies are only meant to ease inflation within the short term (effectively strengthening the US Dollar in the process). But they're not a definite solution to fix the economy. As long as the FED keeps the USD on a strong margin, risk assets like Bitcoin and stocks won't be experiencing gains anytime soon. Investors would most likely hold USD in their wallets while it's going strong. Only the weakening of the USD could take back BTC to its original price levels. I'm really in no hurry to see this happen as long as Bitcoin sticks to its core fundamentals of decentralization and censorship-resistance. Instead of complaining about BTC's price going all the way down the drain, people should buy BTC now before the market turns bullish. Remember, wealth is built during bear markets (not bull markets). As long as you play your cards right, you'll be on a certain road towards becoming extremely wealthy within the not-so-distant future. Just my opinion  |
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alot of posts seem to be focused on the price of bitcoin. i understand why because they are wanting to sell it for a profit but is that the purpose of bitcoin or was there some other purpose for it? i thought it was originally designed to just be a way to transfer digital cash in a decentralized manner but it seems like people don't really care about that part of it and all they care about is what its price is. seems they got the wrong idea of bitcoin.
thing is, for alot of people it seems like when bitcoin price is "high" they think that means it is succeeding more than when it is "low". but if we think about bitcoin's intended purpose, it doesn't matter what the price is as long as bitcoin can be transferred peer to peer without any centralized party being involved. so if bitcoin was worth $1 people shouldn't complain.
A lot of people are only focused on Bitcoin's price because they want to get rich quick. In other words, most people join the Bitcoin train just to make a lot of money in the process. When prices go all the way down the drain, that's when they start to panic and believe the cryptocurrency is nothing more than dead. But let me tell you, Bitcoin is a lot more than just the price. Why would I want to measure Bitcoin's value in Fiat terms when the latter is bound to collapse soon? It would be best to use Bitcoin on its own regardless of how much it's worth in Fiat in order to truly experience the decentralized economy. On its own, Bitcoin is a stable cryptocurrency you can use anytime, anywhere without restrictions whatsoever (1 Bitcoin will be always equal to 1 Bitcoin, right?). If only people understood what Bitcoin is really all about, things would've been different nowadays. Human greed has taken over the crypto/Blockchain space, so prices will always be important to the general public. At least we know Bitcoin won't be going anywhere thanks to its decentralized and censorship-resistant design. Just my thoughts |
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Ethereum has struggled alongside bitcoin and other cryptocurrencies in the market if Bitcoin goes down altcoin also follows suit which is why the altcoin market is in shambles at the moment. But ethereum looks like the only Savior of the altcoin market. So will the ethereum price get to 4k before the end of 2022?
Bitcoin has further retraced from its $20k price range, so it's highly unlikely ETH will get to $4k by the end of 2022. There's really no way for ETH or any other cryptocurrency to go all the way to the moon unless the global economy is back on its feet. How would you expect demand for crypto to increase if food and gas prices are soaring like crazy? Only the wealthy will be able to pour money into crypto because they have money to spare. Considering that we're still in a recession, it's going to take quite a long time before we'll be able to see ETH back above $2k again. At least, the network is healthy. As long as the ETH blockchain remains decentralized, nothing else matters. Just my opinion |
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No matter how it sounds now, it’s somewhat cynical, but the terrorist war unleashed by Russia against Ukraine, and with elements of a terrorist-economic war against the EU, will give excellent results: - The world will finally see what a terrible bastard they have created in the form of terrorist Russia. They will feel it "on their own skin", because previously they played either fools or infantiles, hoping that trouble would bypass them. - The world stops any interaction with a terrorist country, a murderer country, a cowardly liar country. - The EU economy will never again depend on the resources of a terrorist country - Sanctions will at least lead to the degradation of the Russian economy to the level of the 19th century, the population degraded Putin himself and very successfully At best, Russia as an integral state will cease to exist and fall apart into many independent, free states. How Russia is retaliating against other countries, tells us that sanctions are working. The US and EU countries shouldn't let their guard down by tightening sanctions as much as possible (not lift them). With mounting pressure against Russia, it should only be a matter of time before Putin admits defeat and everything goes back to normal in Ukraine and the rest of the world. The longer Ukraine resists Russian forces, the faster Russia's army will fall (due to lack of supplies, soldiers, etc). I just hope we see the light at the end of the tunnel soon for the good of the global economy. Both crypto and stocks have been severely affected because of the deteriorating global economy. Unless this mess goes away, we can't expect to see prices rise anytime soon. Just my thoughts |
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I've created a couple of pretty valuable coins in my day. Without even looking at how much BTC has been accumulated on them, both of these coins should easily fetch over $20,000 even in today's bear market and likely much higher as they are both still accumulating bitcoins on a regular basis from the weekly NastyFans Bitcoin distributions. With how rare large platinum coins still are in the collector's world and the number of seats attached to this one, the platinum round is really something special that is likely to be worth a great deal in the future. The 4oz .9999 Platinum NastyFans Minted 1000 Seat round: ... The 10oz .9999 Gold NastyFans Minted 250 Seat round: ... There are still some Minted Seat rounds available for sale here: https://nastyfans.org/mintThose are really cool collectibles. I wish I could afford one, but the bear market has put me a bit on the tight spot. They are definitely on my wish list of physical crypto coins to buy. What I like the most is their limited mintage numbers and Bitcoin distributions. I think collectibles from Alpencoin, NastyFans (OgNasty), 1HODLCLUB, Casascius, Lealana, and Denariums are the most valuable ones in the crypto space. There are so many unique items that's hard to collect them all. I don't think anyone has ever managed to collect every single crypto collectible yet. But who knows? Maybe I'll become of them if I keep expanding my collection? |
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Actually OP, it is easier said than done.
Given that there are people who invested thousands to millions of $$$ on their BTC investment, this means that the slightest movement on its price could mean an increase/decrease of over thousands of dollars on their investment. So, while the thought of HODLing and hope may give some sort of assurance, people who have lots of dollars on their investment should be ready to take all the contingencies and plans in order to maximize the their gain or loss on their investments.
Of course. Not everyone is capable of "hodling" crypto for a very long time. Especially now when we're living in hard economic times. Everything is increasing in price from gas to energy and food. Only those with a lot of money to spend, will be able to invest into both crypto and stocks. Things will become worse if the global economic continues to deteriorate. Unless everything goes back to normal, I don't think BTC or any other cryptocurrency will reach a new All-time-high in price ever again. The same can be said about the stock market. Who knows what measures mainstream governments will take to put an end to this global crisis once and for all? Just my thoughts |
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The upcoming update will surely have a big impact on Ethere but since we're still in the bearish season, it can't reach its pick price easily since it goes along with BTC. However, I also believe that it could reach more than $2K in the future especially when the bull market happens. We all know how Ethereum surprises everyone every bull season.
The market is still in "bearish mode", so I doubt ETH will be able to sustain a price of $2k and above. Maybe within a short time period (the first day of The Merge), but after that, it will go back to sub $1.5k prices. Unless BTC reaches a new All-time-high, neither ETH or any other leading cryptocurrency on the market will be able to "pump" in price like crazy. I'd say people should just buy coins at these low prices to cash out big time once the market turns bullish again. If BTC hits more than $60k per coin, then it's likely ETH will go all the way to $5k-$7k. No one knows what will happen in the future, so we can only hope for the best. Just my opinion |
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The article stated The U.S. Department of Treasury on Monday sanctioned the popular cryptocurrency mixer Tornado Cash, banning Americans from using a service that the government said, is for the American citizens but for other countries they can still use or the people in America can find a way to use, the Cryptocurrency industry still needs mixing protocols/services the way things are being centralized in the Crypto industry, mixers support and adhere to decentralization which is the core teaching of Cryptocurrency Yes. American citizens will be mostly affected by the sanctions. But other countries could restrict their people from using the Tornado.Cash service, especially if they have close ties to the US. I think people in Russia, Venezuela, China, and other foreign countries won't have a problem using the aforementioned mixer protocol. Besides, it's still possible to use Tornado.Cash directly through ETH smart contracts no matter where you are in the world. That's thanks to the decentralized and open source nature of Tornado.Cash. The code is widely available for anyone to copy, modify and/or redistribute, so I wouldn't be surprised if a Tornado.Cash clone is born on a completely different blockchain to challenge sanctions imposed by the US government. Just my thoughts |
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It's literally just a matter of time when owners dump that to zero, they might wait for years to do that but as they already have dumped 1 Million tokens in one minute, you can easily see where they stand and how much they care about crashing it. It's just when not if as they eventually run out of that money, they just do it again. Imagine how much they will get after they get real liquidity on high prices. https://cryptoslate.com/dogechain-developer-wallet-caught-dumping-1-million-tokens-a-minute/It's gambling with very bad odds. That's very bad news. It shows us developers only created the chain with the sole purpose of filling their pockets with money. I'm not surprised because I've seen such schemes ever since I've joined the crypto/Blockchain revolution. Newcomers will totally go "rekt" if they keep pumping money into Dogechain hoping the token will soar all the way to the moon. But veteran crypto users like myself, will think twice before investing into anything which claims to be the "next big thing" in crypto. The "meme" coin hype hasn't ended yet, so it's going to take a while before we see "shit projects" fade away into oblivion. Ultimately, people will decide which coins to support and which ones to abandon. As long as governments do their job in hunting scammers, there should be nothing to worry about. Just my opinion |
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You get it wrong fella. My statement was an appreciation to the Chinese miners and investors that continued to purchase, HODL and secretly mine cryptocurrencies even if their government are against it. And the Chinese continues to become influential in the market considering the hardships and struggles to keep them away from Chinese authorities.
And back to ETH mining. ETC is of very little value and this is also a good reason why the miners will choose to fork.
Miners decided to fork ETH just to fill their pockets with money. They didn't choose to switch to ETC altogether because that won't leave them with "free" coins in the process. By creating a new fork, existing ETH holders will be able to gain the same number of coins on the forked blockchain. How much will ETHW be worth in Fiat terms (USD), will greatly depend on mainstream demand. I don't think the fork will sustain its price for long, especially if the project doesn't come up with new and innovative ideas that will help attract investors into it. I believe ETC will be the only fork (or should I say original ETH chain) that will retain its price for a very long time. Maybe ETH's switch to PoS will make ETC more valuable in the future? Just my thoughts |
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I think investing in Ape coin is little bit risky and we shouldn't Invest openly. It's done alot of partnership but it's still new in market and Usecase is not big like other Metaverse coin Sand and Mana. Only small amount is suitable here . I recommend To invest in Sand and Mana which are much better than Ape coin.
APECOIN is as risky as Dogecoin or Shiba Inu. They're all "meme" coins without any substance to them. The reason why most people buy these coins is because they want to get rich quick. After what happened with Elon Musk's endorsement of Dogecoin, we've seen a wave of "meme" coins "popping up" every once in a while as developers want to cash in the hype as much as possible. Only a fool would rely on a "meme" coin as a sort of long-term investment. I honestly don't see how APECOIN would be any different from the rest of the other "meme" coins on the market, especially when it's driven by hype. Bitcoin is the only cryptocurrency we should focus on, since it holds promise to change our world for the better. The rest are simply junk. But who are we to blame if people are the ones who decide what to do with their investment? Just my thoughts |
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The world of cryptocurrency is getting bigger by the day with more activity, more coins, and more developers. But most of the coins are just pranks or scams to bring in money from traders.
New coins are launched almost daily by anonymous developers. They develop and advocate coins and then give up due to a lack of incentive and interest. If the coin succeeds at a certain level the developer leaves the project or starts Premining or implements a Pump & Dump scheme to increase the price and throw it all away.
Just think twice if you really want to take the time to follow their advice.
I wouldn't say most coins are launched by "anonymous developers", especially when investors' money is at stake. The vast majority of projects want to attract VCs, so the only way to do that is by complying with regulations by disclosing team members' identities. Even so, I'd say most altcoins are pure cash grabs because their main purpose is to enrich developers themselves. They don't bring real use cases that would spur mainstream adoption. Only a select few altcoins are truly worth your time because of their commitment in bringing innovation and usability to the general public. I'd just "stick" with BTC and ETH since they're the only cryptocurrencies that are guaranteed to last a lifetime. The rest could simply fade into oblivion as people move on to the next big thing in crypto. Who knows what the future holds for the entire crypto/Blockchain space? Just my opinion |
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Each of these assets has its own value, its own advantages and disadvantages. What determines the price of gold? It needs to be found, mined, for this you need a lot of equipment, then processed, transported and stored. All this affects its final cost, as in the case of bitcoin, in order to get it you need equipment, electricity, equipment maintenance. But the amount of bitcoin is limited compared to gold, and the more people want to own some part of bitcoin, the more expensive it will become.
Just like Gold, time and energy is spent to mine Bitcoins. It's safe to say that cryptocurrency's value doesn't come out of thin air. Most people can't believe how something intangible as Bitcoin can be more valuable than Gold. That's because they truly don't understand how Bitcoin works. The general public only believes what the government says about Bitcoin, so they will say Bitcoin doesn't have value without taking the time to do their own research. It shouldn't matter since ultimately the market decides how much Bitcoin is worth in Fiat terms. As long as there's demand for BTC, it won't be going anywhere soon. Just my thoughts |
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Hilariously I saw an article this week about how Buterin was saying he was worried about Bitcoin because it is proof of work, saying it can't sustain itself and it will be easy to attack in the future. Just shows that all the founders of centralized blockchains are just out to promote their own thing. Now that Ethereum is moving to PoS Buterin feels the need to try to flip the reality and claim that PoW is insecure while PoS is better lol
I don't have anything against PoS. It is better for centralized blockchains (so basically it is better for Crypto) because it is more efficient and if you are a company with a centralized blockchain or at least a only partially decentralized blockchain you don't care about the weaknesses of PoS because you're trying to build apps not money. While PoW is infinitely better for the one highly decentralized blockchain, the one cryptocurrency that is global money - Bitcoin.
You move to PoS either because you need greater centralization or because you failed to achieve enough security through PoW because PoW is pretty much a winner take all system - as Andreas Antonopoulos once said, the world only needs one PoW blockchain, and that's Bitcoin.
As to the OP's question why Bitcoin won't go to PoS. Because (1) it would be very complicated and dangerous, (2) it is entirely unnecessary, (3) it would likely destroy the entire power and importance of Bitcoin, turning into just another crypto rather than a global money, (4) Bitcoin's PoW provides a lot of benefits to society which would completely disappear if it switched to PoS, and (5) nobody in Bitcoin wants to do it because of the above reasons and so there is zero chance it could ever happen.
PoS is flawed by design. Not only it enriches whales, but it makes the Blockchain more centralized. All of the buzz surrounding PoS is the energy-efficiency compared to PoW. But the latter can also be energy-efficient if miners rely on renewable energy sources. Most altcoins will turn themselves to PoS, as it would benefit exchanges and developers more than anyone else. Bitcoin will never become PoS for many obvious reasons. I'm glad the community prefers to keep it that way for the good of the BTC blockchain's decentralization. Who knows if BTC remains the only PoW cryptocurrency on the market? Just my opinion |
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First, I believe there were no hacks that happened on the Solana network itself. But I believe the hacks here happened to some platform that is built on top of Solana networks, like the recent Slope wallet issue.
Solana outperformed most of the altcoins on the recent bull run, ROI is really huge from 1 digit to 3 digits in just a short period of time.
Overall, I can say Solana should be in the Top 10 now because of its unique network as the best alternative to Ethereum as a layer-1 network.
The network is still experiencing outages, and developers don't give a damn about it. Even the founder had to admit Solana's underlying issues. While hacks have been related to the Slope wallet, the network's instability is more than enough for people to look for other alternatives that are reliable for day-to-day payments. I think Solana's problem is the centralization of its blockchain network. If it weren't centralized, then it would've been much more reliable and stable as a payments platform. I seriously don't get what the hype is all about, when other blockchains like Ethereum and Cardano are better (even though they're not as fast and cheap as Solana). Most people prefer convenience on top of security/reliability, so they will choose Solana on top of other blockchain platforms. I wouldn't be surprised if SOL goes all the way towards becoming the third or fourth-largest cryptocurrency by market cap within the next bull market. Just my thoughts |
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