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1461  Economy / Services / Re: Buy products from Amazon.com with an 8% discount. PAY WITH BITCOIN on: January 05, 2020, 07:38:02 PM
Just out of curiosity and as a potential customer:
* Where does the discount come from i.e. how is it profitable for you to make these deals?
* Are you using stolen cards to make the purchases?
* Also, are you willing to use escrow for the first purchases to build up trust?
* Finally who made these purchases that you are posting? Can you give the usernames of the people as a proof?

* I am sure he isn't going to answer all your questions because of trade secret protection. but i can assure you it is feasible because the discount comes from him using a gift card which he/she purchases at a much cheaper rate. this is the best i can tell you because i do this myself... though i don't offer the service but i made all my Amazon.com purchases at a much lower rate using this style. i am not saying he/she is genuine, just trying to tell you what i know and i do. cheers.


And how do you think most people get these giftcards at such a discount? Right. Through carding/scamming.

I wouldn't order at all from OP unless he clearly explains how he can offer an arbitrary 8% discount on every product. That seems too good to be true, especially on high volume goods (electronics etc)

Or are you simply using something like purse, and essentially dropship their service? (But; if so; you could never 100% garantuee the product would arrive.. It would be a hassle anyway with all the carded giftcards on those platforms..)

Also, why exactly do you post random shipping confirmation logs? What's that supposed to prove?

I would assume that most of this is from carding/scamming -- though there is a good deal of people who use MTurk and only have the ability to cashout through Amazon gift cards. This forces them to either use the money they've earned on Amazon (which is possible) or to cashout for a 15 percent haircut.

He's probably just dropshipping Purse TBH. Makes this whole thing easier for him.
1462  Economy / Economics / Re: Grandma tell you to keep old coin in piggy bank on: January 05, 2020, 03:50:37 AM
That's cause Grandma doesn't understand inflation and how it works. It makes no sense to have more then your emergency fund sitting around in a piggy bank (or in a bank, safety deposit box) or whatever. The goal at the end of the day with your money is having it not lose its purchasing power.

And every year when you hold money and don't invest it in something (even CD's, savings accounts, etc) you lose about 2-3 percent per year.

The biggest thing you should be doing with your money is ensuring that it holds its purchasing power. So your emergency fund should be in a high yield savings account (hopefully earning about 1.7-2 percent per year, negating inflation or making the loss to it as low as possible)

The rest of your money should be getting invested, earning around 5-10 percent -- 2-7 percent after inflation. That means that you're making money instead of losing to the cost of inflation yearly. Just a little lesson of mine here.
1463  Economy / Economics / Re: Bitcoin inflation on: January 05, 2020, 03:47:06 AM
No.

Fiat needs inflation to ensure people keep spending their coins but it needs a balance so its worth saving (I. E you can buy 2 bags of rice today but only 1 tomorrow with the same amount then the currency would be too unstable and probably would be replaced pretty soon) .

The government's would rather you didn't invest in their currency and instead invested in the economy or "yourself" (spending).



I don't think any government sees crypto as a threat and I'm not sure many governments are happy with the fiat system as it stands now...

I can't say I agree with the last portion of that. I think that many governments are happy with the current fiat system because they have control. Maybe not as much control as some would like -- but they still have control. Some of this is relative though, as I think those that are in the US controlling monetary policy are much happier then those in some random country that doesn't have as much power -- because USD is the world reserve currency, so changes to it (in regards to monetary policy) effect the entire world instead of just one country.

1464  Other / Politics & Society / Re: US President Donald Trump has threatened Iran on: January 05, 2020, 03:37:54 AM
I'm not sure what the alternative here was. Soleimani was a terrorist greater than Osama bin Laden who was involved in nearly 20% of the deaths during the Iraqi War. He has American blood on his hands and was continually coordinating terrorism attacks on U.S. troops. His killing was without a doubt the correct move. ....

Sounds like a de-escalation of tensions to me.

+1 to that.

The Democratic line of defense here revolves around the fact that the Dems think that they should've been allowed to vote on the strike beforehand and had been told about the strike beforehand. Trump (and the Republicans) are probably going to say that the reason that they didn't tell the Dems is that they didn't trust them, which I suppose is a fair line of reasoning.

Trump (and the rest of the admin) only have to legally inform the Gang of Eight (https://en.wikipedia.org/wiki/Gang_of_Eight_(intelligence)) on intelligence, which includes members such as Schiff, Nunez, Burr, Warner, Pelosi, McCarthy, McConnell, Schumer in both the House and the Senate. But in 'extradinary circumstances' the admin can withhold information, which is what they did in this particular situation.

Both sides use this excuse when the other party is in power. Nothing changes though. Politics baby.
1465  Other / Politics & Society / Re: How does this World work?(legally) - Life-savings(fiat)confiscated with BTC-e on: January 05, 2020, 03:27:23 AM
You're asking a difficult question. Yes they should inform you but what if the client database was encrypted? What if they did not yet process all of it?

In the US they usually steal seized dirty money by filing for forfeiture. This is basically stealing because you cannot contest it. The way it works they seize your money and if they want it they say it's dirty (crime money) and file an asset forfeiture document in court. That gets approved in 30 days which mean the money is being taken from you before the case and is independent of the case. Even if you win the case you won't get it back.

I don't know if that is what they did with BTC-E money but it's possible. This would explain why they did not inform you about it because they only informed the owner of the exchange. In such case he now has a debt and you won't get the money back from the government agency but have to sue the oexchange. Get a lawyer and make him get all the case documents to clear all doubt.

Even in the case of civil asset forfeiture, you're going to be informed by the police (or any law enforcement agency that does so) that this is occuring. They're not going to ignore all of your communications with them, that's not something that they'd be able to do by law.

I expect that if these claims are true, you're going to get some sort of response from the US in due time.

Though I don't think that they were able to seize the Bitcoin that BTC-E was holding -- because we all know that the only way this would be possible is if their coins were sitting on another exchange that would listen to US subpoenas (Gemini, Coinbase, etc) if they had been holding their coins in cold storage, or any other method where they were the only people with the coins then BTC-E owners and shareholders would just be holding onto them.
1466  Other / Politics & Society / Re: Trump does an Obama Trick, and Twitter has pronounced it as World War III on: January 05, 2020, 03:22:24 AM
I don't think people understand the amount of blood that someone like this has on their hands. He was the second most powerful man in Iran, approving many attacks against the US (most recently the attacks on the US embassy and attacks which led to the death of a US contractor)

He is someone who has worked hand and hand with people who have killed hundreds of Americans and have authorized the killings of Americans. He is someone who is ACTIVELY planning the further attacks of Americans and would have continued to do so.

Killing someone like this sends a clear message to the people in Iran, and enforced a line in the sand that should've been acted on a long time ago. Killing Americans is NEVER going to be tolerated, and you will be punished for doing so.

That's the kind of message that should be sent to people.
1467  Economy / Economics / Re: Hong Kong protestors call for sanctions against HSBC bank on: January 02, 2020, 10:45:01 PM
Everyone saying banks have "no choice" in this matter. They must obey the state & government.

How do you explain the following.

#1  Banks regularly laundering money for drug cartels contrary to laws made by governments.
#2  Banks taking action, punishing entire nations like the UK for their pro brexit stance.
#3  Banks closing the accounts of US workers in the adult entertainment industry.

There are countless examples of banks implementing policies which go directly against the national interest.

I think what people are missing is banks having their own agenda and blueprint for the future which they collectively coordinate and cooperate with the media and others to enforce.

The bottom line here is china promised hong kong autonomy. That's the agreement china made. Now china seeks to bring hong kong under its own iron curtain and it would appear that banks support this. Rather than acknowledging the sovereignty of hong kong as a self governing place.


1. Laundering money isn't something that is legal or endorsed by the banks heads. This is going to be being done by certain employees of the bank without the knowledge of the executives. I highly doubt the executives would endorse this sort of thing, as they'd easily face the wrath of federal and state regulators -- losing their licenses with ease.

2. I haven't heard of this, could you provide some of the info so I'd be able to read into it?

3. Closing the accounts of US workers in adult entertainment. I assume this is done because the banks feel as if this is a high risk for chargeback / fraud industry so they don't want to do business with it. There's nothing wrong with that.

Let me know if I'm wrong on this one. I think I've explained this from a very realistic point of view.
1468  Other / Politics & Society / Re: Will Senate safe Donald Trump's impeachment? on: January 02, 2020, 04:47:24 PM
While this is from ZeroHedge, it makes sense on why the Dems are going to want to further go into impeachment stuff. They want to (and need to) convince more people to join their team. They thought with their public hearings that they'd be able to sway public opinion, but it really didn't do anything.

Current aggregate polls from 538 show that support behind impeaching and removing the president is 48-48 (pretty much a dead tie)

To go further with the support of the people, they need to flip this. And if they can't, they've failed and Trump will be able to use this as a victory of his own.

It makes you feel all warm and fuzzy inside attacking a source because its popular to doesn't it? Almost like a little mini version of virtue signalling. How many times do I have to explain to you Zero Hedge is primarily an aggregator linking stories from all over, in this case Politico. Of course if it was just Politico linked you wouldn't be able to take that opportunity to virtue signal for your dopamine hit now would you?

Most of the reason that I'm not a big fan of ZeroHedge mostly because of their doom and gloom relating to economics and the market. That's where the start of my hatred towards ZeroHedge came from. But after that, not a big fan of the fact that ZH doesn't publicize the posters on their site. It'd be nice to see the people behind these stories and where their interests lie.

ZH isn't just an aggregate like Politico, and they don't source as well as Politico. Just my opinion ya know.
1469  Economy / Economics / Re: Global Wave of Debt Is Largest, Fastest in 50 Years on: January 02, 2020, 04:27:15 PM
I foresee one viable option, money is debt and debt is money. the current fiat system has to go. No more paper value, All bank accounts to zero. no more Mortgage, Loans or other forms of debts, nothing to payback, but then what's your 5 bucks gonna get you? For the only way to eliminate the self imploding debt, is to kill the monetary system.


Hey didn't that work for the tv show Mr. Robot?   Wink

If debt is wiped out across the board. It could also wipe out retirement plans, food stamps, welfare, pensions, health insurance and other state funded programs people rely upon for survival.

There was a reason behind a sharp increase in fatalities after the USSR defaulted on its deficit. Russians lost their state funded pension plans and had no alternatives.

There appears to be confusion as to what happens when a state cannot pay its debt. I think the best analogy is a bank or large corporation going bankrupt. Whatever side effects or outcome, they may not be pleasant.

Yeah people don't really understand that you can't just remove debt because there is always someone else on the otherside of the debt. The person that is owed the money. Even in the US -- most of the federal debt isn't owed to people or corporations, it's owed back to the US government -- as it's owed to the Social Security and Medicare Trust fund (pretty sure Medicare as well, but I know SS)

So instead of just wiping away the whole system and starting fresh -- which teaches nothing to people -- you have to focus on the problem head on.
1470  Economy / Economics / Re: A Nobel-winning economist says it’s time to kill the GDP metrics on: January 02, 2020, 04:24:00 PM
Economists perpetually paint a rosy picture of the economy because of continued growth. Meanwhile, wages have been stagnating for decades, the middle class is disappearing, and rising healthcare costs are completely unsustainable over the long term for average Americans. The vast majority of economic growth in the US over the past two decades has been completely swallowed up by Wall Street.

All the focus on GDP obfuscates this reality. All I'm saying is, maybe we shouldn't be focusing on GDP so much. There is too much value placed on growth. We need to start emphasizing other metrics that place value on things that matter to everyday working people.
Well, GDP was never a measure of how good living in a country is...
For example, New Zeeland stands on rank 51 with 200 trillion while Bangladesh is on 289 with 319 trillion....
The GDP of a country can grow simply by an increased population, that's why we have GDP per capita, and then we have GDP PP

The indicator does what is supposed to do, that people use it in a way it is not supposed to be used doesn't mean it's wrong or fake one

I didn't suggest it was "wrong" or "fake." I'm just agreeing with what Stiglitz et al. are saying:
Quote
The problem, he says, is that politicians see positive GDP figures and continue with the status quo.

This is a obviously a serious problem with regard to public policy. GDP shouldn't be treated as the end-all when determining the health and prosperity of a society, but it often is.

The question is, what would be a better indicator?

It's not about better or worse, just that growth shouldn't be the only metric that matters. Governments should be more concerned about economic inequality, wage stagnation, growing healthcare costs as a portion of wages, etc.

I mean at the end of the day, a higher GDP (and GDP per Capita) does have the best success in measuring if your country is developed and if the people are receiving wages large enough to support a middle class / upper middle class lifestyle. It's the best metric we have for this sort of thing.

I've even seen some info in showing that certain nations in the middle east have comparable GDP per capita to a nation like Greece -- but this doesn't mean that the people have more. It just means that everyone in the elite have a ton of money and the poorest have nothing. But in GDP per capita/GDP you're unable to see that. The only thing you know is if the economy is bigger or not.

If people want to find out the rest of the data, the resources are there for them to find it. But the gov isn't going to advertise bad metrics like that.
1471  Economy / Economics / Re: Trump has disregarded the deficit, a key campaign promise. on: January 02, 2020, 04:16:56 PM
If I remember right. George Bush increased the deficit by $5 trillion. Obama succeeded him and increased the deficit by $10 trillion.

We had a massive expansion of the deficit on our hands and the media completely ignored it.

Nothing was said about the deficit until Trump was elected. Now the media which completely ignored Bush and Obama is crucifying Trump for expanding the deficit far less than his predecessors did.

Its a shady and bizarre situation.

That's not true in the least though. Debt spending has come up time and time again though. Clinton had a balanced budget and Bush didn't get reelected because he raised taxes so they didn't have a deficit. The voters did care about this at somepoint, but not today.

Even during the Obama presidency -- as I said before, Republican members of the House had tried to push for a balanced budget amendment and Obama had started to look at ways to reduce the deficit.

That used to be a common criticism of Obama, that he didn't care about the deficit. But now that Republicans run the show, they don't care anymore because the deficit is being spent on the things they like -- tax cuts, increased military spending, etc.
1472  Economy / Economics / Re: Say Goodbye to Banking as We Know It on: January 02, 2020, 04:11:01 PM
So we think that China, the government with the most oppression in the world which spys on its Citizens through the usage of a points system and biometrics on a daily basis, is going to lead the way on digital currency adoption? Hell no, that's bullshit.

China wants to use this to spy on their people even further. The ONLY current way that people are able to skirt the governments eye is by using cash, but you can't do that if the country forces you to use, then they're going to continue to spy on the people. They're going to push cash out of the economy because you can't spy on cash but you can SPY on digital cash.
1473  Other / Politics & Society / Re: US President Donald Trump has threatened Iran on: January 02, 2020, 04:02:25 PM
Now that the elections are coming at 2020 he is going to be more offensive to foreign countries.
The US politicians especially the Republicans are feeding their voters and try to convince them by threatening other countries around the world in order to show them dominance. Trump is doing this as well now.

Blaming others and starting an unnecessary war is a tried and tested way to deviate the focus of nation out from the internal problems.
There's no any place for ethics or reason in the way a superpower bullies. Though this time, the US might be loosing Europe.

Blaming others? Trump is playing others because others are to blame. Iran had a milita to Iraq to start protests and to attack the American embassy there. All of this has been agitated by Iran.

Iran knows that it doesn't have negotiating chips like North Korea, they don't have their enriched Uranium anymore -- which was given up after the Iran deal. The only way they think they can get anything is by annoying the US here and there and hoping that at one point they give in and stop the sanctions.

They're literally using the playbook of North Korea, without nuclear weapons.
1474  Economy / Service Discussion / Re: Why I am temporarily wearing an unpaid, unsolicited Chipmixer signature ad on: January 02, 2020, 03:56:40 PM
I very much agree with most points you're making. I'd however like to place a footnote here;


If you want to just send coins to a mixer site, cross your fingers, and hope that it’s not a honeypot logging the links between inputs and outputs, then I suggest that you click the links in my signature and try Chipmixer.  Chipmixer is convenient, and it unlinks your transactions on the public blockchain.  Javascript is not required.

If you want trustless privacy, that is a complicated subject beyond the scope of this topic.  The best I can say here is that as Lightning grows, it will render all these questions obsolete for most use cases:  Blockchain spies can’t trace transactions that never touch the blockchain!

This is still a scenario which one -- who takes his privacy *extremely serious* --  should consider. We have yet to see any proof Chipmixer isn't a honeypot per se either (Though- it'd be pretty much impossible to prove or disprove anyway-). While I might believe that Chipmixer is acting in good faith- it'd be weird for me to tell others they actually are, without any immutable proof.

Therefore, if one is using Chipmixer for anything other than unlinking their inputs for the commonalty and some improved privacy, i'd highly suggest he thinks twice about such a scenario.



This is the biggest thing here, there's really no way to confirm this and even people that promote ChipMixer for money will say so. I wouldn't be surprised if the people at ChipMixer came out and said that too -- because it's true. We all put our blind trust and faith into ChipMixer without really knowing how much of it works, and how it's going to be helping us.

The real best way of mixing right now is using a privacy coin like Monero.

For the nothing to hide argument and all of that stuff, I point to Glenn Greenwald in one of his Ted Talks. Pretty much sums up my view, and can convince a good deal of people.

Over the last 16 months, as I've debated this issue around the world, every single time somebody has said to me, "I don't really worry about invasions of privacy because I don't have anything to hide." I always say the same thing to them. I get out a pen, I write down my email address. I say, "Here's my email address. What I want you to do when you get home is email me the passwords to all of your email accounts, not just the nice, respectable work one in your name, but all of them, because I want to be able to just troll through what it is you're doing online, read what I want to read and publish whatever I find interesting. After all, if you're not a bad person, if you're doing nothing wrong, you should have nothing to hide." Not a single person has taken me up on that offer.
1475  Other / Politics & Society / Re: Belgian authorities are investigating the killing of two policewomen on: January 02, 2020, 06:48:54 AM
I don't know why people are getting so upset and scared recently.
Life was never safer than it is now. When you consider that there are hundreds of millions people in Europe, you get a picture that these cases are very rare.
Perhaps this is simply because we live in an information era and we can get a lot of information about any bad thing that happens in the world in real time.

Yeah, policeman get killed. It is dangerous job. They kill and get killed, it is a brutal nature of their job.

I guess I had missed this post by you when I had posted here at first. In a way I do kind of agree with this, people in jobs like this -- where you put your life out on the line everyday, and risk a lot, do die every so often -- in the information era we get see and hear the information much quicker. Back in the day I would've never heard about a cop dying in the next state over (let alone across the globe) unless I was literally sitting in front of the TV when it was on (if it was on)

Though I don't think this discounts from the fact that it's horrible to see. Though as I said, I do understand your point here.
1476  Economy / Service Discussion / Re: btcbuyerseller.com is down ? on: January 02, 2020, 06:20:15 AM
Not in a hurry but thanks for sharing this site. I hope it also does not require the KYC ?

It doesn't. Think of it as a copy of Paxful/Localbitcoins where KYC is not required and you have full control over your funds (you can export the private keys).

This site sounds very promising, would without a doubt think the crowds of people at Paxful/LBC would love to hop over. How long has it been active? As it doesn't seem to have too many listings at the moment -- which could either be attributed to a lack of customers/vendors, or a lack of time to bring people over to it.

ANYTHING TO GET AWAY FROM PAXFUL/LBC.
1477  Economy / Service Discussion / Re: Is there something simple like Stripe but for crypto payments? on: January 02, 2020, 06:19:07 AM
Bitpay and coinpayments are you best bets, unless you can somehow build payment infrustructure yourself which from your post you're probably not willing to.

Although you have to be warned, Bitpay doesn't necessarily have the best reputation around here in terms of their reliability so you really need to take their claims with a grain of salt in mind.

Quite contradicting. First BitPay is one of OP's best bets, then you warn him that they don't have a good reputation.  Roll Eyes

Another point of importance is that BitPay doesn't allow anyone to accept Bitcoin without KYC. Most people looking to accept Bitcoin on their site aren't willing to go through such requirements, and that's perfectly understandable.

In case OP isn't interested in BTCPay, Coingate accepts Lightning payments and a variety of altcoins. They do not require KYC to accept crypto, but do require KYC to have the crypto be converted to fiat and sent to your bank account. If you just stick to accepting crypto you'll be fine. Coingate offers free Bitcoin withdrawals too, which is pretty neat.

I know you're not commenting on it here. But I did use BitPay for sometime for a few businesses that I manage, it's brutal. They require a good deal of informatiion from the company that is going to be accepting crypto. I understand why they have to do it, but it's rough having to get decades old paperwork from the IRS because BitPay has antiquated ways of verifying business ownership.

Coingate it is from here on out, thanks for that.
1478  Other / Politics & Society / Re: Americans are lucky, they have Trump and Pelosi on: January 02, 2020, 05:59:38 AM
I think Americans are lucky, so much of their social media is consumed by the clown show between Trump and Pelosi, for years now. I think it is wonderful that a country is so well off that it can afford to focus so much time on fluffy reality show. While circus goes on, everyone still lives their lives because circus does not really effect them. In Philippines we have our own small circus but we are more focused on every day survival.

Good Luck and God Bless,
ÅÑÇ€£Å ヅ

Try Venezuela. Philippines haven't seen anything like it since the 70ies, last time you had your coin pegged. At least we share the same kind of tropical weather, except without the typhoons. We are doing so bad now, i know some people even went there, to Philippines, to earn a living. There are people from here going everywhere in this world, but indeed even there you can live better nowadays.

So thank God instead, you don't have to deal with Maduro and Maduro, and your wage isn't equivalent to 2 USD a month.

In the meantime the "first" world has actual things to worry about, such as the latest smartphone model. We cannot be worrying them with menial things like human rights, such things are overrated anyway.

I think we can all agree that we all have our own problems in our countries, and trying to fight about 'who has it worse' is as subjective as subjective gets. No reason to do that at all. We can all just agree, quickly, that all politicians are crooks and aren't looking for the betterment of their people -- just the betterment of themselves. If the two of those line up, then great, if not then tough luck for the voters.
1479  Economy / Service Discussion / Re: Offtopic Open spots chipmixer Campaign on: January 02, 2020, 12:55:44 AM
Maybe they have decided to up the weekly budget for the new year, which is why Darkstar made the post. Whatever the reason, he will only accept the people he considers good posters.

There will be removals, which is where new slots will come from. Been planning to restructure the campaign a bit.

Ooh. Maybe some P&S posters will be getting paid now in the ChipMixer camp?

Just wanted to toss the idea out there, I know we have a good deal of people posting and some amazing submissions over there. All Chipmixers decision though.

Still no plans for P&S unfortunately. Mostly just a reshuffling of the amount of exposure we're getting in the sections that we currently pay for.

Got it. Well I'll be applying either way, I do use the other sections as well. Just a pretty large poster in the P&S section alongside many people that I think would be great to represent ChipMixer.

Thanks for the prompt response by the way. I appreciate it.
1480  Economy / Service Discussion / Re: Offtopic Open spots chipmixer Campaign on: January 01, 2020, 11:11:15 PM
Maybe they have decided to up the weekly budget for the new year, which is why Darkstar made the post. Whatever the reason, he will only accept the people he considers good posters.

There will be removals, which is where new slots will come from. Been planning to restructure the campaign a bit.

Ooh. Maybe some P&S posters will be getting paid now in the ChipMixer camp?

Just wanted to toss the idea out there, I know we have a good deal of people posting and some amazing submissions over there. All Chipmixers decision though.

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