Spent a bit of time looking at what could be different and 5 minutes after not finding Waldo on those pics I thought it might be a mistake with 3 million and 3 thousand. But an update after makes more sense, I doubt they will leave even 3k, that's $100k/month without basic KYC.

Now the other thing:


The first service I ever see that mentions Catalonia, like for god's sake, why not Galicia or Basque also? Why not Flanders! But, let's ignore that cause ......what the **** is " Knights of Malta", did I travel back in time by going circling half the globe and it's 1571?


I don't think that DEX ever had a command, they have always been in the shadows of CEX, from MTGox and Bitstamp times CEXs have completely dominated the scene, and, no, fake trading of billions of tokens on shitty Defi platforms don't count. Even counting those Defi makes only 4% against CEX. If we only count true Bitcoin DEX, like Bisq, well, let's not do it as it's one hundred times worse.

I really wanted to stay away from this clusterfuck but well, I fee like saying it

First, I really don't believe there was a "team", and more like a leader that employed a few guys who helped him with minor stuff like customer support or with programming, this didn't look like some organized thing with schedules and so on. The delay between withdrawals that was happening quite often made me in the last weeks go instantly for cash out my notes and I stopped using it for other purposes, I really felt like there was one guy behind that was sleeping for 6 hours doing a bit of work take a nap and then keep processing things.

As for their activity here, the guy knows Bitcointalk, I wouldn't be surprised if he was a user here for a long time, and if he isn't active even right now, let's be real, he did almost perfectly to gain trust, both the mixer itself and the campaign trying to mimic Chipmixer, a manager with good reputation, depositing a few thousands in an escrow, making it look like they are here to stay for years, he knew how to do it, no outsider would. And despite the other red flags he earned more of our trust than he should have, let's just deal with it.

For the scam, I really don't know:
a) They were planning on a long scam to get enough money in their mixing, then delayed the processing and resolving only cases that surfaced, keeping unclaimed money till it went boom,  so selective scamming then full scam.
b) They got enough now and say to themselves they are spending more than they will ever gain
c) The unexpected accident as the guy who is behind this, again, I don't believe it's a team, that multi-sig doesn't matter, he either got in a stupid accident, or got arrested or something else, and the extra guys employed d for support at first responded then saw no news from him and decided it's better to abandon ship out of fear.
d) very low probability, the business was not productive at all, they were losing money, they tried but failed and decided to just drop it and go MIA!

Nobody likes how this turned out, that is obvious, it also means that new services will get a real cold shoulder treatment, but that is what we should have done before acting like my notes my coins.


That's a press release article, unfortunately yahoo doesn't take them down even after being deleted by the original issuers.
https://www.accesswire.com/755660/Bitcoin-Mixer-Offers-Services-Enhancing-Privacy-and-Anonymity-in-Cryptocurrency-Transactions

Btw it was paid by bitcoinmixing(dot)org. which is a scam.

Fortunately, they only link to clearnet, with that down it might deter newbies for searching for the tor link!

A bit of sleep, two coffee sips, and I feel like yeah, I was just paranoid.
Not so much about the BATM and the whole ID thing but what pissed me off was the attitude of those guys, it was like they were laughing knowing what I was trying to do and found it funny or whatever...don't care anymore!


Yeah, that's how a normal guy would have thought and should have reacted also, probably because I'm on vacation and I want to enjoy myself I'm acting like a 10yo.


Yeah, no chance, I'm soon off to packing bags and moving to the next destination, and anyhow I don't want to see their faces anymore.
Thanks for the offer but I'm sitting on a pile of cash wanting coins and not having access to mine, so I'll take the advices above, offer a kidney to Shasan or a piece of liver and just deal with it the easy way with nothing complicated that can again go wrong and give me a headacke again!


Yeah, but what puzzled me is why it hasn't done it the first time, maybe they have some ratio and they let x times with no check-up and only 5 ot 10th time and I just got unlucky? Maybe if I went back inside it wouldn't have asked again? God knows! Can't test it anymore anyhow


Even when I see 5% I think is a rip-off, we're talking deposits here not withdrawals, one of my acquaintances runs a coffee shop that accepts Bitcoin has one of and he customized the fees so you pay only 2% to encourage people to buy coins. Total fuckery that's why I hate BATMS, got charged on forex fees to get cash, pay 2 euros for each ATM withdrawal, 7% tax on bitcoin, 1% lost in bitcoin price since yesterday, 20$ on the taxi...


It gave a warning that I needed to accept that in order to go on with the purchase I had to agree with something, that's when I tapped cancel and bye-bye, I knew what was coming!
And yeah, I just got paid $200 I nearly forgot of so it's not even $400 anymore, I'm not going to run around like a headless chicken for that much.
But a lesson learned, if you deal with crypto, keep more accessible in some form around you especially if you go away for that long.


Yeah, I should have panicked that much, trying to be cool I acted more suspicious, probably these two were laughing cause they recognized me from the day before? And it wasn't a smirk more like being happy they get foreign customers?
I'm not used to staying in the sun for so long, need to chill by a pool with 1001 SPF sunblock and a beer and stop overthinking everything!

So locking this as obvious the answer is number 1.

Yeah, thought of that later but it didn't get mad the first time for not seeing what a fine gentleman I am, and obviously the whole reason for me wearing those was not to gift a mug face to every single shady machine in some foreign country.


Exactly, and that's the reason I didn't want even my face there, as for the deletion thing, I get a chipmixer deja-vu with it, and not a pretty one 
On top of that,  I didn't like the face of those guys, they were looking like with a smirk or smug face at me I didn't even know how to classify it, unsettling in any case! The good thing is that the AMT did overpay the first transactions so they got confirmed, if they had sent it with 1 sat/b probably I would have yelled scam by now!


Punta Cana, Dominican Republic, we're sailing tonight (or tomorrow I don't even know what timezone I'm in as I always wake up in the afternoon here) so let's see what the next one has in terms of Bitcoin. Also, thanks for the tip, I don't see myself asking for such a thing but still noted as last minute option after trying to instruct one of my family members how to move their ass to one of those machines back home and how to use it.

I make topics mostly to see what others think and to enjoy myself, If I see zero interest then I realize what people are interested in and how much they either care or know about something, still calling it good research. I have another bunch ready in the last few days and this is all I can do sitting 12 hours in the sun but it's a pain in the ass to get images and copy the text on a tablet for more detailed topics! 


I still believe that you can't screw a country more like this, and 100 years...we didn't have half of the countries currently in Europe! 
Things come and go, and as you said, subsidies and freebies and gifts to keep the masses happy is one bulletproof way to make them go away.


Hm, honestly, no idea! I think just the next step is too complicated thinking what will happen after this with two "if" it's out of my league.


So you're saying no politicians should accuse the former leaders of corruption just because he is also a politician?
If you start from the idea that they're all corrupt and they should shut up then basically you're admitting no change will ever happen and everyone that goes voting is just empowering corruption.


Remind me why is Argentina in this mess in the first place. And you expect them to magically do the right thing after half of century of proving they are unwilling to do so? Wishful thinking!

[/quote]

No, it's no ideology it's basic financial stuff.
Brazil doesn't want to get paid in a currency that devaluates by the week and that no one else wants, they have a positive trade so they end with one billion worth of pesos, oh wait it's 900m, by the time you read the topic is 700million  and Argentina can't afford to buy reals as it would be the same as buying in USD, so it makes no sense. It's a copy-paste thing of what Russia and India got through and they solved it by using the UEA dirham, which, is pegged to the dollar! The irony, right?

Or, alt title: How to ruin your vacation in a lot of overcomplicated steps!

3rd the day of my well-deserved monthly vacation with just my wife and no kid away from everything and just got a message from one of my friends that he's ready for a deal we agreed on and, surprise, I'm on holiday I didn't bring my phone with the authenticator , I don't have my laptop, so...need to go and purchase a bunch of coins locally!

Two BATM in the whole country and in already suspicious places, but what could go wrong, right?

So despite the fact that I hate BATM and their 7% fee as much as I can and I dressed up, got a bunch of notes from a normal ATM next door, and toyed around the BATM sitting there that just invites me to buy so I said let's test it, I have time till Wednesday, put in around $200, after 5 minutes saw the incoming transaction, lingered a bit, I selected a new address, all went ok. Since I sensed everyone was curious about my persona there I just said to myself, next day let's get out of here!

The next morning, got a new outfit, and new glasses (007 vibes)  , straight to the shop, had to withdraw around $500 from the ATM (this is another troubling part) purchased another batch for a new address received everything fine. Then when selecting the next address for the next purchase,  scanned it and the BATM suddenly asked me for IDs and facial scan. I just caught a glimpse at the teller and both guys were just sitting there like watching my every move with a little bit more interest than comfortable, so I canceled the whole thing, left, got into the same taxi that bought me here that was the like 50 meters away and bye bye and I didn't mention one thing to my wife as this would probably be more dangerous than everything else as long as she has both our passports   .

So right now I have like a hundred questions:
- Despite not saying a word about KYC and AML limits did it have one and how did it get triggered, does that shit store everything, including tracking those fudns?
- Did that pos of a BATM record everything, and do they store data from customers who turn away when they ask for ID?
- Did I screw up using a normal ATM in the same shop and might have been both tampered with?
- Should I go there again and try again? I need like $400 worth of BTC and I have no other way to get it!

Two more things:
If by godly coincidence someone on this forum is a teller operator or owns a bitcoin exchange and he's the guy that watched me doing all this, I'll get you a case of beer, just forget everything as I'm dying inside of embarrassment already just thinking of it!

This will be moderated, I'm not really in the mood for shitposting!

Most of them, newbies or not don't even care about that, they make just a bit of inquiry to invest in an actual token that will be launched at least and then put a bit of money into each of them, spreading their bets. They have learned the hard way that 90% of them will flop but they strongly believe out of the hundreds of tokens there will be one that does x1000 at least during a pump if not constant and that alone will make for all the losses and earn a bit of profit.
Probably the majority has learned that the crypto space is impossible to predict, you might have a great idea but go public at the worst time possible, you might have a solid concept but it lacks traction, you get those right and when everything seems fine the launch is a fiasco so, again probably, most are just tired of analyzing each one of them and details or have already gone crazy for doing so!

But I will add that few really care about the difference between token and coin, the driving factor here is the revenue, and with shiba inu and doge turning from meme coins into quite profitable investments if you knew when to buy, it's less about the technical behind the coin than the hype potential in it.

Then again, I'm wondering what would be the ratio of launched crypto nowadays, tokens/coins?
I would be a bit surprised if it's not something like 10:1.



Won't the term alttoken imply that there is an original token, much as Bitcoin, a legitimate first one that somehow is fundamentally different than the rest?

When did "bombardment" happen?


Oh, funny, you didn't know what to say so you thought of repeating what the other guy who also didn't have a clue abut the subject, right?
So, let's hear it, what did the US do to them economically? Care to give one example?


This is what happens when the crew decides the script for wanna-be influencers, stupid girl didn't even know she was in Cyprus not Turkey!
LE:
But as usual, nobody cares, everyone reads the title, look a bit at her boobs then become for 4 lines of quota post experts in international economomics!

You mean paid articles for your scam:


How much was it, $10?


And yet you're still here begging for a few dollars!


Nobody gallen for you tricks yet?
It's been two years now my poor scammer, by your lies and your so-called revenue you could have turned by now $100 into billions, it's about time you let it go and go flip burgers or pasta, for sure it will be far more profitable and you won't risk going to jail for $200 either.
Just give it up, or at least spam other social media, not this forum, you are boring!  

LE:
Just bolded the important thing, in case some newbie goes straight to the last page!

Doesn't matter if it's personal, it's evidence of things that have happened and if they can link the discussion presented there to actual events and actions FTX or Alameda took it it will prove they were aware of things and they can't claim they did stuff by mistake. If SBF only defense against those accusations will be that the transcripts are fake, that is revenge etc , etc he will simply be asked what happened in reality, at which point, he knows he is screwed.

I'm pretty sure Caroline thought of this thing when she realized things were becoming dangerous or from the start she wanted to have some dirt on the others, but that doesn't change the content.


You're speaking from personal experience?
SBF is in a detention center, if ever convicted he will be moved to an FCI, there are virtually zero chances for him to be sentenced for time there.

Sorry, but following TA is the same as following Musk tweets!

People have a fear of the unknown and they try to combat this fear with past experiences, the same with TA, you look back and decide intervals and averages and you think you have found the holy grail. But never!!!! past history is reproduced in the future accurately, none of those TA have in them anything like
- CB interest rates charge (future and past)
- bonds interest
- inflation
- positive or negative laws being enacted

You can't just look at charts and say tomorrow will be like this because MACD or RSI when tomorrow the FED might slap you with a 100-point interest rise that will turn everything upside down. Charts are great when you have zero events in the past and zero events waiting for in the future and everyone is doing exactly as predicted and no one is missing any budget or profit or revenue. But no chart can predict or take into account an invasion of Taiwan or CZ dying in a hotel with all the cold wallet keys hidden somewhere nobody knows where.

So in short, no! Following some old patterns right now is the same as analyzing how many goals and assists Harry Kane has when playing against a team that has C in their name.  


When it's about their own money people tend to forget about the basic principles and start trying to impose what others should do with theirs.
It's great when you buy and you become a hero, much like Saylor has (despite calling Bitcoin a Ponzi scheme before ) but god forbid you sell before them!
I always said:
- not your keys not your coins
- my keys, my coins, my decision, none of your business!

Replace Argentina with Brazil in that chart and you see the same post-COVID trend in employment, switch to Salvador and you have the same growth we can go to any other country and depending how long ago they've opened their economy the same happened, Europe is breaking records over records in this metric.

As for consumption, of course, there is consumption, because with the money you get on the 1st you can get 100 pizzas and by the 31st you can get only 80. It's private consumption driven out of fear, not out of how good things are and how much money they have.

Spend now, worry later: no point saving in inflation-stricken Argentina
Exactly what you were saying:



So, trying to peg your useless currency to other currencies that might be just as bad and that have continuously lost ground against the USD could be better...
You know Argentina and Brazil tried to drop the dollar in 2009, right? Why do they still carry plans on making the trade in peso and reals and other currency somewhere in the middle then?   Because just as Russia realized when it got paid in rupees that when you get paid in shitcoins there is nobody else wanting you shitcoins!

These agreements are just like a bounty campaign here!
They can't afford to pay their users in BTC so they pay them in their shitty tokens they can print endlessly, and once the payments are made they drop like a fly as everyone receiving those shitcoins runs to the exchange to convert them into either BTC or USDT. Just how people in Argentina are doing now with their peso or Indians with their rupees or Rusian with their ruble!  

You are mistaken paper currencies with fiat money, and even those weren't around Europe till the late 17th in meaningful numbers, and real fiat money with no actual backing was never a thing till the late 19th.
Furthermore, and this is quite funny, just look at the previous replacement, fiat money replaced gold-backed money despite it being around for millennia in a matter of decades, why couldn't the same happen again just as easily? Especially since this is a completely different area where things move a hudnred times faster when it comes to adoption and spreading?


It's the same here!
You see a massive rally for some coin on social media it's mainly a paid thing, you see an announcement made hundreds of thousands of retweets it's because it's about giving away free money. Do you see tweets about technical aspects, people warning about scams, or anything else getting the same traction? No, because there is no money involved! One tweet offering free $5 in some shitcoin will get you more followers than a Bitcoin developer got in his life.

Touching a bit on the massive thing others have mentioned!

16,546,150 adresses with a balance of over $100.
I highly doubt that people who crave pennies on Binance or those who won 10 worth of BTC are that eager to come to this revolution, especially since most of them hold more altcoins than Bitcoin or don't hold Bitcoin at all, on top of that there are hundreds of those addresses owned by the same individual, so we could split this in two but let's keep it at 10 million.
Out of those 10 million, you also need to have them interested in the revolution, because a ton of them might not be that keen on such things since they are here only for money.
So you went up with something on a scale of at most 1:1000 of the world population.
You're going to start a revolution with 0.1%?
What about the millions that don't like Bitcoin at all?

The second thing, there is one huge difference between tweeting and doing stuff in real life!
If it were by this forum SBF would have been assassinated 100 times, in reality, it got two booo while entering the court once.

Third!
There were supposed to be millions of users in India, yet when the last legislation passed and everyone got hit with a 30% tax on profits, how many did you see protest?


Yeah! They will arm themselves with 100 NFTs and start throwing those at the army!

So you make 50% a month!
Of course, there wasn't anything fishy about it, because AI trading, some other mumbo jumbo, and some flashy adverts!

I don't get it anymore, it's not like it's 1920 or 1970, there is the internet, there is news you can access with 1 tap, and you can inform yourself and your relatives you can ask for advice on a hundred and one websites is greed really cutting all your ability to think twice? What's worse in this collective madness, you see a fe doing it and somehow it becomes a thing of pride to go all in, it's envy someone might get rich and you don't?


Oh yeah, let's not just stop there, let's break the law a bit and let's go to some shady dealer to buy crypto and send it to a platform design to allow you to break the law, and of course when things go south, you want the law to act and save your ass!


/the end.

Hmm, they've changed the site name again? 
https://newhedge.io/terminal/bitcoin/difficulty-estimator


3 days left, 5% up, too little time to see any major players turning their gear off or turning them to make a dent anymore I guess.
Based on Viabtc numbers income si at $0.063 per th/s.

The last S19pro that was on sale will make you $6.3 a day burning 72kwh, you're above $0.087  you lose money, if you don't use additional cooling, you don't pay staff, you don't pay rent and you don't pay a lot of other things. Looking back at older gear , S17, you make $3.3, 48kwh, and you lose money at $0.068. If it goes below 25k and the hash rate doesn't drop at least a bit in the next adjustment after going up 5%!!!!! something fishy is happening.

Finally seems that I found some articles that don't go by the same stupid narrative blaming Spacex and Musk for everything
https://www.coindesk.com/markets/2023/08/18/no-spacex-isnt-the-cause-of-this-multi-billion-dollar-bitcoin-bloodbath/

Before going to what the article says, I must add I'm surprised everytime how people in the crypto world always look for always for the easiest answer, price goes down:
- IT'S FUD! FUD!! FUD is to blame!  of course, with 90% not even knowing what the acronym stands for.
- Then it's a single culprit, obviously, someone who criticizes Bitcoin, a simple handy scapegoat is needed! Musk! Buffett!
- the last stage obviously's the evil gubbermint! Forgetting that for months before every single one of them was laughing at how the evil governments are not able to hurt Bitcoin, now when they see only red candles it's the same impotent government that is somehow not that impotent anymore!

As usual, the real cause it's not any of those


Who could have thought of that? I mean it's not like the stock market did the same without Elon selling Spacex....
https://markets.businessinsider.com/news/stocks/stock-market-news-today-dow-china-fed-deflation-bonds-bankruptcy-2023-8

Right? Right??? 

Yeah yeah!
You need to zoom in on the growth of 1000x from a few pennies to 10$ to ignore the fall from 60k to 25k!

Same as in another thread, show me the safe heaven part:

Bitcoin exploded in periods of really cheap money with interest under 1% and with inflation under 2%, for the first time in its history when it was faced with expensive money and high inflation is the moment it broke one of the rules of never going below the previous ATH and more importantly, it stopped acting independently. Bonds went up, the stock market went in red Bitcoin went in red too. But let's zoom out for others too:



Hmmm **** was 2$ in 2013 is now 200! If zooming out is the way to analyze things then *** shares are a hedge against inflation!

Pegging the currency of a nearly failed state that is heavily in debt to a stable one is not really the miraculous solution and is secondary and more importantly, Argentina didn't really peg the peso all the way to the dollar, that's one of the reasons for the failure as they allowed preferential rates for exports which obviously made the state lose money, and the second one was the government didn't stop printing peso and didn't stop getting in debt in us dollars.
If the country is ok with no fundamental issues plaguing the economy you can peg our currency to the us or euro with no problem, even the Bulgarians are managing to use the leva with euro parity and let's not even talk about the Danish krone.

Anyhow, here we're talking about completely abandoning the peso, which means the country won't have to balance the national currency to keep with the us dollar, all they will have to do si adjust their economy to match one of the other fifty states  . And, to be honest right now, how it could be worse than what they have now?


Growth can be misleading, it depends on what that growth is based on



Ignore the last two years in Argentina's case as there is a note there that the data uses the official currency rate and not the black market one.
In 2000 when one was preparing to adopt and one to renounce the peg Argentina had a 4:1 advantage in GDP per capita, now it's more like 1.2 :1.

Exactly the opposite, business can be profitable from the next day, it's break-even that can't be achieved in a day!
If I open a cofee hop in which I pour 20 000 euros, of course, I won't be able to make 20 000 next day but if I make 1 euro above what I spent for the day it's profitable from day one!


Let's have a bet on this, I give you example after example, and for you give a BTC!
Since it's a fantasy and you say it's impossible I don't think you have a problem with this, right?


Nice, let's re-write basic economic definitions, because...u said so
https://www.entrepreneur.com/encyclopedia/return-on-investment-roi

Now to all, seems like you guys have spent too much time in mining and crypto and have lost a bit of touch with reality and basic economics, no offense!

There is a huge difference between a business being profitable and a different one in recouping the investments made, but no serious business will ever try that, that's not how you plan a successful one. Also, there is this thing about the return of investments, that is not calculated in profits.

Take my coffee shop in the above example which I put 20 000 euros, I make 20 euros profit a day so it will take 1000 days to recover that money but why does it even have to be like that? First most of the machinery I bought including the furniture's still my property, and the assets, so If I sold them it would be a much larger profit and not just break even. Then, why do I have to stop and wait for that ROI, maybe when I put down 8 000 I realize it's quite a good opportunity to have a second coffee shop I borrow 12 000 and now I'm in debt 12 000 but! the business is still profitable. I might never have again 20 000 in cash but I would have a profitable chain with assets that would outscore those 20k by a large margin!

The same applies for my family farm business, if you would look at the debt you're going to say how we survive but just the machinery would easily cover that, we've never had the same cash amount on us or in our account but the profits is there and the assets are bigger than the fiat value at that time, so for most of the views above the business would be bankrupt by now but no, it's quite the opposite.