If I was the OP, and assuming he is a customer of Huobi, I would complain to Huobi and hopefully they will work with a miner to get the withdrawal to confirm.

If the OP is a representative of Huobi, I would offer more money to get the transaction to confirm and offer the money in a channel that is frequented by mining pool operators.

What you describe sounds unethical to me. I would ask that you reconsider your specific business venture.

If it were to be discovered that a particular business is hiring shills, that businesses reputation would be negatively impacted.

Your transaction is 40,653 bytes and the required fee for a quick confirmation is 0.0000018 btc/byte.

You would have needed to pay 0.0731 btc for a quick confirmation, but your transaction only includes a fee of about 0.0258 btc.

Your included fee was about $420 short. I can’t imagine how anyone would want to “accelerate” your transaction that is not somehow taking advantage of a miner pool. If you offer more, a pool operator might manually include your transaction.

Hey quick question, did you consider reading this thread before posting?

If you did, you would notice the transaction was sent last year, and that the transaction was most likely Coinbase moving/upgrading it’s cold storage.

There are several points I would like to respond to.

In general, investors and savers can earn a rate of return that exceeds the rate of inflation. If inflation is 2% per year, you might be able to earn 3% on money in your savings account, so your real rate of return is 1%. Or if inflation is 2%, you might be able to earn 11% in the stock market, making your real return 9%. According to world bank data, and St Louis Fed data, real interest rates have been positive, meaning after accounting for inflation, someone with money in the bank in the beginning of the year will have additional buying power at the end of the year with that same money plus interest.

One drawback to real interest rates is that nominal interest payments and nominal capital gains are taxed. This means if inflation is 2%, nominal interest on my savings account is 3%, I will have to pay taxes on the entire 3% I earn, and this will put my after tax real interest rate just above 0%. If inflation is too high, taxes may push my real interest rate to below zero if I do not keep my savings in a tax advantaged account.

Not having a central bank will not guarantee there to be no inflation. If there is no central bank to conduct monetary policy, and a fixed money supply, supply shocks may still cause prices to increase, and excess capacity may cause prices to decline (deflation). If there is excess capacity, the economy may experience deflation, and this is hard to stop, even with a central bank. In the 90's Japan had a deflation problem, and its economy contracted (shrank) by almost 20%, and according to wikipedia, real wages fell by 5% from 1995 to 2007.

Money being used with blockchain technology will not stop any bank from using a fractional reserve system. Neither will a fixed amount of currency units in circulation. In fact, there are a fixed amount of dollars in circulation today, but this does not stop banks from using a fractional reserve system. Coinbase for example, could choose to pay interest on bitcoin deposits, and use bitcoin deposits to make loans. As long as coinbase does a good job at pricing loans, and not making loans to too many people who do not repay what they borrowed, the value of their total assets will exceed the liabilities of their bitcoin deposits they owe customers. In this example, coinbase could offer CD-like products that match the maturity of longer term loans they make, and make short term loans against "demand deposits". In this example, coinbase could owe more bitcoin to deposit holders than it has in its various wallets, but has enough assets, in the form of loans to cover all its deposits. The interest paid to deposit holders give customers incentives to not withdraw their bitcoin. Some companies have tried this in the past, and failed because they were not prudent in underwriting their loans, were run by scammers, or both.

I don't know what mixers do in these cases. I do know if I mixed my own coins, and got coins that can be traced to a high profile hack such as the binance or bitfinex hack, whose inputs are well known and public, I would be very unhappy. If this happened, and I tried to deposit these coins into an exchange, I don't think I would see this money again. I don't know if these were coins the hacker sent to exchanges, or if some mixers sent these coins to other customers, who sent the coins to exchanges, but 27 BTC was seized from various exchange accounts that can be traced back to the 2016 bitfinex account and this money was returned to bitfinex - https://www.coindesk.com/us-government-returns-bitcoins-retrieved-following-2016-bitfinex-hack

Sometimes a multi-quote as you describe can be useful for someone to understand what is being said if they have been following a thread and is only needing to read the last couple of posts. There will often be multiple sub-conversations within a thread that may be difficult to follow if only one or two quotes are included in the post.

Unless you are removing everything except the most recent quote, I have found it to be difficult to remove only a specific number of quotes within a quote. It would be nice to have a feature that would remove the "inner most" (oldest) quote from a triangle of quotes.

Inflation is bad, but it is an necessary evil in order to keep economies going at a reasonable pace. I am talking about low/mild inflation, Venezuela level, or even high level inflation is very bad and should be avoided at all costs.

The alternative to inflation is deflation, that is when prices of goods and services fall over time. This sounds good, but it creates a spiral effect of ever decreasing prices and economic contraction. For example, with deflation, if a refrigerator costs $2,000 today, and is estimated to cost $1975 in six months, and $1950 in a year, if your refrigerator is old, and should be replaced soon, and you can afford to replace it today, you will wait as long as you can to replace it so you can save the $25 or $50. The delayed purchase means less work for the people in the refrigerator factory, and for the refrigerator salesmen. The decreased amount of work will often exceed the amount of savings a customer would realize by delaying his purchase. This means in addition to delaying purchases due to anticipated future price declines, those in the refrigerator industry will spend even less to be additionally frugal out of necessity.

When an economy sees deflation, all goods and services as a whole see declining prices, so the above example would be expanded into the entire economy.

https://twitter.com/bitfinex/status/1120961216409735168

There is no minimum equity requirements to start using a bitfinex account anymore.

After doing some additional research, and reviewing a list of bitcoin/crypto companies, I believe the transaction in question was actually Coinbase upgrading their cold storage system, and moving their coins from one cold storage address to another.

To support the above, I found this blog post from about two weeks after the transaction that says they moved $5 billion worth of crypto, with a value date of December 7, 2018, four days after the transaction in question.

I think they are probably unrelated.

I looked at a couple of the transactions to 1EBHA1ckUWzNKN7BMfDwGTx6GKEbADUozX the address that spent the 66k btc, and I found some connections to various darknetmarket sites. This person could have been selling drugs on various sites and accumulated that much profit over  about a year. He also could have been buying on exchanges that happened to receive transactions from people who withdrew from DNMs.

The operator of the service he sent the transaction to has been around since at least 2012, I believe. I don't think there are many businesses that meet that description.

The transaction was from about six months ago, and BestMixer was closed about a week ago, and was under investigation for about six months at the time.

I mentioned implementing a stop loss because your OP talked about having a stop loss:
A 50% drop is a very large drop, most coins do not move that much, and when they do, they are generally very new coins with a small market cap and is susceptible to manipulation. If a coin has fallen 100%, this means it is trading at zero.

A coin may rebound after falling, but it will not necessarily rebound back to its prior highs. A stop loss is a good tool for a trader to cut his losses, and redeploy his capital into another, possibly profitable trade. 

If I have physical access to your computer, I can access anything in RAM, and can copy the entire contents of your hard drive. If some files are encrypted, the decryption keys will be stored in RAM when you decrypt the file. I can do this without anything on your computer telling you I am doing this (you would see me with your eyes).

If you have a server or a VPS, the servers are located in a datacenter, and both the datacenter operator and the hosting provider can physically access the server without the customer knowing. If the Dutch investigators obtained a legally enforceable order for the hosting provider to give the investigators physical access to the servers, and to not inform the customer, they would have to do exactly that.

I think based on the timing, it would not be unreasonable to say the operator was afraid of the government, and the related consequences.

With BestMixer being shut down by the government, other mixing services should see an uptick in business as BestMixer's former users start to re-mix their coins the Dutch government now says can be traced via the BestMixer database. I would say if Bitblender was being shut down for any reason other than FUD caused by the BestMixer situation, they would have stayed open a few additional weeks so they can see the added revenue the BestMixer situation would have caused.

I am out of sMerit. I have received my payment. Thank you very much. It is much appreciated.

This is a very bad practice, and I think you should not do this under almost any circumstances.

Giving someone your private key can potentially make you look very bad in the future. For example if you publicly state a particular address belongs to you, and the third party later goes on to do some nasty illegal or harmful stuff and that address is involved in receiving or sending a payment for this stuff.


I alluded to this point previously.

A signed message could be the result of the real owner being tricked into signing a message, or the real owner colluding with a third party, attempting to fraudulently prove they own a UTXO/address they do not own.

The operators of the dark net markets all though they could keep their identities entirely secret, along with the locations of their servers, with the use of TOR.

The operators of clearnet facing mixers cannot as easily remain anonymous, and the location of their servers can be easily found with a court order. A mixer operator might be able to use fake information when signing up for hosting service, and registering a domain, and could use a VPN or tor when signing up, and pay with bitcoin (that cannot be traced back to his identity), but the hosting provider and domain registrar might not like the fake information and could shut down services if they detect this, such as after receiving a court order.

I don't think we will see a lot of government seizures of mixers, but we could see more voluntary closures of these services because the operators are afraid of being caught by their government.

According to linkedin, they have four employees in the US, one is a "cryptocurrency trader" (I would not count this), one is a "Project Manager" and I cannot see the job titles of the other two. Job titles and companies are self reported on Linkedin, so this may not be reliable, but I don't see why someone would pretend to be a project manager at LocalBitcoins.

They also have an opening for a Russian speaking customer support agent in mexico.

IIRC, they did have some terms in their TOS that may have protected the operator a little bit.

I don't know the statute or legal theory that was used to seize the domain/servers, so I cannot review the text of the law to see what, if any affect the TOS would have done to protect the operators. 

This is probably from the FUD surrounding the closure of 'best mixer' by the Dutch authorities.

I can't see many centralized mixing services willingly staying in business after what happened. My prediction is that the future of mixing will be embedded in some kind of protocol such as CoinJoin (even if CJ is somewhat flawed), or the currency itself, such as XMR.