I have been hearing many similar stories about binance recently and the stories are more or less the same. One of the victims said his account has been locked for more than 6 months and binance’s so called “investigation” is still ongoing. Binance won’t give an explanation of what’s going on too. They’ll feed you with the generic automated responses. I don’t really hold any big amounts on binance because of that. You’ll never know when you’ll be the next victim of theirs. You’ll wake up one morning and you’ll see “your account was locked due to blablabla” and then good luck with the waiting game as it will drive you mad probably.

I still hold some coins on binance but I can say fu to them if they ever lock my acc like that.

How do we know if the gov don't already know satoshi's identity? I just posted another message in some other topic in the same context.


Do you think satoshi was an expert at hiding his tracks? Do you think the gov don't have the tools to reveal his identity? I don't know, it looks like a long shot to me. Maybe the other names you mentioned didn't bother because they knew it was a futile attempt.

I don't think you can truly stay anonymous on the internet for a very long time if you are working on a project. Tbh, I don't believe satoshi is anonymous too. To us, yes he is still anonymous, but just because we don't know it, yet, doesn't mean somebody somewhere also doesn't. Let's say the US gov really knows who satoshi is, is it in their interest to share that info with the general public? Don't think so. They are not stupid.

The important trick is, to not alert the gov with your actions. If the government wants to know who you are, they will know it eventually. Keeping the low profile is more effective than trying to get the best privacy measures. When you are using the infrastructure they own, having privacy is almost a futile attempt.

Laptop is my main preference because I need to be relaxed while playing. Desktop is fine too but I use my desktop for the heavy duty stuff like video editing so I don't use it I really have to. Same for my mobile phone. Even though I am a pro-max user and my cellphone has a giant screen, it is still not enough. Everything looks small in a handheld device. It works if I don't have my laptop with me but It is still not my first option. If I had to make a sorted list, it would be like this:

laptop > mobile phone > desktop > tablet (never did)

edit: I have a tablet too but I almost never use it. It is damn hard to hold it because it is damn big. Why use a tablet if I am going to use it the way I use my laptop? Doesn't make sense.

Using them is not outlawed because they can take down any service they want whenever they want. They want to see who is crazy enough to take that risk. They probably think, if this person desperately wants to mix his coins, he probably has something to hide, let’s check. Another thing is, they probably seize these mixing services way before they announce their involvement… just to collect more data. Using centralized mixing services never made any sense to me because of that.

Decentralized services will be available anyway. Not every dev lives in a country they can reach. Can they get to a dev that lives in Russia for example? I don’t think so but this time your data will be in the hands of Putin.

Most traders are not aware of the existence of risk management. That's their biggest mistake. When you are managing big money, you should decide the risk levels for each investment in your portfolio. I guess I don't need to tell you that it is super stupid to go all in in one asset, or do I? Many people don't even have this basic sense when they are making investments or trading. Having a diversified portfolio is wonderful. All you need to pick "good" assets and avoid the "bad" ones so you can add more when they go cheaper. If you invest in a bad asset, you'll sell it as it goes down which is the quickest way to lose money.

A is impossible to have in practice. There is no such thing as constructive deflation. Human population is increasing so the money supply increasing as well and increasing the money supply drives the prices higher because the manufacturing can't keep up with the other two. As a result, somebody somewhere has to starve.

We are having the second option because we don't have other choice.

We you look at it we are exactly like viruses, consuming our host till there is nothing left of it.

He didn't murder anybody though. Somehow tax-evasion is in a gray area for me. Since the gov uses that tax money in a very stupid way most of the time, I too don't like paying taxes. On the top of that, they print money which is another tax. If they are collecting taxes, why are they printing money? If they are printing money why are they collecting taxes? This shit is so broken.

I expected Roger to be more clever than that. He owns a company, his net worth is millions of dollars and he is getting arrested for not being careful. He could have avoided that situation easily. What a way to go. He probably didn't do any of these willingly unlike McAfee.

But then, this guy was selling firecrackers on ebay and did time for that too. Again I believe he did that because he honestly thought it wasn't illegal. This dude needs to get a reality check every once in a while.

Maybe it was this state of distorted mind  of his allowed him to be a early bitcoin adopter. He imagined the shit most people couldn't 13 years ago but that had its own drawbacks. Sometimes his imagination is too skewed for the real world like we have seen it with his bcash.

Holy crap. I've just heard the news. He already did time for selling firecrackers(!) and now they are getting him for tax evasion. He is really going full Al-Capone. Even though he is a jerk, somehow I feel bad for this guy. Maybe because in his early crypto days he was a hardcore bitcoiner. Even Andreas thanked him in his book which means he used to be doing something right. It all went down the hill the moment he became a bcash supporter. He could have become a rockstar of crypto if he had played his cards right.

Hopefully he won't pull a McAfee on himself.


I've heard that before. That's real. The US is beyond fucked up. You can't toss away your US citizenship unless you pay a fee and have their approval. Insane.

For now… but, “not your keys not your coins”

There were lots of big exchanges went down in the past. Some of them went down without a warning. Some gave many warnings before they collapsed. Maybe this is one of those warnings. I am not saying that you shouldn’t be holding any coins on an exchange but think about this: If binance went down today, the amount you’ll lose on their platform would make you mad? If you are saying “yes” then you should lower your risk levels and hold more coins in your cold wallet.

As long as you manage your risks the right way, there is nothing to be worried about.

4 months... must be a joke. It is probably just a warning to the other exchange and casino owners.  (and theymos lol)

"Do as we say or else we can mess you up in ways you can't even imagine. Don't f with us."

CZ and the Feds came to an agreement it seems but they couldn't let him go without a punishment because it would leave a bad image on the Feds. So they come with this joke-like sentence. I don't even believe CZ will do his time like the other prisoners. His punishment will be a vacation in a 5 star hotel for 4 months probably. Imagine spending 4 months in a hotel, I would go insane. Poor CZ.

It looks very orchestrated.

I see you are not wearing the casino avatar. I wonder if it is mandatory to wear it or do you have a custom deal?

The withdrawal fee is only ~6500 at the moment. If you want to use your funds at somewhere else, now is the time. I am kind of addicted to the 15% interest though. I'll probably stay for a while.

Yep. BTT pretty much operates just like the USA does. You can scam people and mostly get away with it if you are smart about it and as long as  you don't step on the Gov's or banks' foot. Phising is like that too. The gov don't care if you are careless or stupid enough to fall for these tricks.

Say for example, I said I would sell you this imaginary home for $10k if you paid me the money upfront and then I disappeared with the money, what would the judge say? "Don't be stupid?"

Scamming is a petty crime. You can only lose money by getting scammed. Hosting mixers(not directly but it is connected to money laundering), cp, selling drugs are some of the federal crimes.

See the full list:
https://www.justice.gov/usao-edwi/federal-crimes

None of these offenses in the list are allowed on btt. These are the stuff the gov hates the most. Theymos can’t give a rat’s ass if you have lost $100k to a scammer. If you sell firearms in the marketplace, that’s when it becomes serious.

I just remembered, Ver was selling firearms (he says they were firecrackers) on ebay :d

You can always extract your seed words/private keys from electrum and use them in some other wallet software. If the electrum devs get arrested tomorrow, you won't get affected in a major way. You'll have to find another wallet software and there are plenty. However, electrum is still the best light crypto wallet software imo and without a doubt it will be a big loss for the crypto community.

But these are very theoretical events. Electrum isn't mixing coins or providing other privacy tools like coinjoin so nothing will happen to its devs.

They are sanctioning the Russian exchanges but how is this going to do anything? Crypto is unstoppable. Russian exchanges must be laughing their assess off right now. None of their customers are USA citizens probably too, so what's the point here? Do they think these exchanges will go away just because they are getting sanctioned? Russian gas was sanctioned too but EU is still using Russian gas. :/ This is absurd.

Nothing needs to happen really. Since bitcoin has limited supply and central banks will always print more FIAT, its price will increase in the long run no matter what happens. If you think a world war would drive crypto prices higher, I wouldn't be so sure. Probably the opposite will happen because crypto is a risk-on asset even though it is a better asset than FIAT. The biggest risk is the governments. If they decide to ban crypto, the price will tank to the oblivion. They are already in war with privacy and they are winning sadly. If they fight crypto, it doesn't look like they'll lose.

Let’s say you are right, for a moment (even though you aren’t) … yes bitcoin has no intrinsic value like you said… is it wise to ignore a very volatile asset like btc where you can make lots of money? Just for this reason alone, you should participate.

Do you think everyone who plays this game is a crypto believer? Many people don’t even know how to withdraw their coins to a cold wallet and yet they still trade it because they are making money.

Bitcoin and other crypto currencies are creating an alternative financial ecosystem. You can send money from China to USA without needing any permission from anyone. That’s the real power of crypto.

If you don’t like it you don’t have to use it. People use it every day because they find crypto useful. That’s why it will never die.

Unless you withdraw your profits and use them to buy something else, all of your profits are on paper. That’s the problem with trading. Traders usually don’t know when to take profits and in the end they usually quit it at a loss. People can make money from trading indeed but they need to follow a few hard rules which they can’t ignore. Profit taking is one of them. Not being too greedy is another. As you go deeper into trading, you will make more mistakes that will make you lose money and by doing so you’ll notice the other rules as well.

Trading needs you to be alert all the time because the markets can go wild randomly.