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Author Topic: Blockchain.info coin mixer TOTAL RIPOFF  (Read 8184 times)
maxcarjuzaa
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February 16, 2013, 03:05:59 PM
 #21

never used this service, if the fee were 0.1% or less I will probably use it for every transaction.
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sunnankar
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February 16, 2013, 04:03:42 PM
 #22

I think it should be free.


I agree and I think you should build it.

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February 16, 2013, 06:23:58 PM
 #23

I agree and I think you should build it.

That's not what I'm saying at all, I'm saying that blockchain.info should lower its fee to zero.
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February 17, 2013, 04:23:45 AM
 #24

I agree and I think you should build it.
That's not what I'm saying at all, I'm saying that blockchain.info should lower its fee to zero.

Yes it is; you seem to be extremely generous with other people's stuff.

bits4coins
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February 19, 2013, 10:18:02 PM
 #25

Because we are one of the few services with a sufficiently large transaction volume, large hot wallet and the ability to calculate taint. We also take the risk of accepting zero conf transactions.

I am not adverse to lowering the fees. Those of you who feel a 1.5% fee is too high would you use the service at a 0.5% fee?

yup if it were 0.5% I'd use it regularly
at 1.5% I would only go for it if I really need to, which hasn't happened yet
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February 19, 2013, 10:21:23 PM
 #26

Really? You are not forced to use it. Don't use it if the fee is too high. Calling it a rip off is silly.

TradeFortress has left me negative trust and has provided no proof to substantiate his claim. He has done this to discredit me as I am investigating him.
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February 24, 2013, 03:20:58 AM
 #27

If not free, then the price should be 1%, with an upper limit of $59 USD for the total fee. Note that I priced the cap in fiat and not Bitcoin. It makes no sense for the cost in purchasing power of coin mixing to rise with a rising Bitcoin price, when the actual cost is measured in fiat.
whizter
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February 24, 2013, 09:26:04 PM
 #28

You can use the SR mixer/tumbler for free afaik. Just deposit and cashout later.

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streblo
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March 01, 2013, 02:26:08 AM
 #29

Bitcoinfog charges 1.5%. I think 1.5% is pretty standard (based on taking the mean of the two popular mixers  Grin).

I would like to see some lower fee competitors, but can they offer the security and ease of blockchain.info?

Also, perhaps piuk maybe interested in lowering fees to increase use. He ostensibly has incredibly low variable costs and fixed costs per server, hence a low-fee high-volume coin mixer may be a great economic boom to him  Smiley  Too bad A/B testing doesn't work when there will be a pitchfork mob forming over discussions of how to get a 1.5% vs 1.4% coin mixing fee  Tongue
misterbigg
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March 08, 2013, 04:22:01 AM
 #30

Even at 0.5% (half of one percent) I can't justify spending $2,150 USD to mix 10,000 BTC.

TWO THOUSAND DOLLARS!!!
alexkravets
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March 08, 2013, 08:57:50 AM
 #31

Using either SR or Instawallet does not remove taint. (confirmed in both cases with manual experiments)

Cheers ...

Alex Kravets         http://twitter.com/alexkravets
Amitabh S
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March 09, 2013, 12:06:05 AM
 #32

I'd definitely use it for 0.5 % fee. I feel 1.5 is a bit excessive.

Coinsecure referral ID: https://coinsecure.in/signup/refamit (use this link to signup)
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March 09, 2013, 07:41:11 PM
 #33

I'd definitely use it for 0.5 % fee. I feel 1.5 is a bit excessive.

Even at 0.5% (half of one percent) I can't justify spending $2,150 USD to mix 10,000 BTC.

TWO THOUSAND DOLLARS!!!

TWO THOUSAND DOLLARS!!!
sunnankar
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March 10, 2013, 02:02:11 AM
 #34

Even at 0.5% (half of one percent) I can't justify spending $2,150 USD to mix 10,000 BTC.

Poor you.

fcmatt
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March 10, 2013, 02:39:28 AM
 #35

I'd definitely use it for 0.5 % fee. I feel 1.5 is a bit excessive.

Even at 0.5% (half of one percent) I can't justify spending $2,150 USD to mix 10,000 BTC.

TWO THOUSAND DOLLARS!!!

TWO THOUSAND DOLLARS!!!


Are the main users of this service not legit and therefore are happy to pay to have their btc laundered??
And the operator has an excuse, due to their size, of having so many taint tracks to them from non legit folks???

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piuk
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March 10, 2013, 11:56:57 AM
 #36

The fee was lowered to 0.5% a few days ago which is 3-4x cheaper than most similar services.

minimalB
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March 10, 2013, 10:30:40 PM
 #37

The fee was lowered to 0.5% a few days ago which is 3-4x cheaper than most similar services.

This is great! Thanks a lot piuk!!!
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March 11, 2013, 10:40:28 AM
 #38

Hi guys,

I did some experiments with blockchain.info's mixer:

0.5 BTC came out in about 5 minutes w/ zero confirmations as promised
25 BTC  hasn't come out 4 hours later yet.

I guess there is not enough demand/volume in there at least at this late hour of Sunday night Pacific

Cheers...

Alex Kravets         http://twitter.com/alexkravets
el_rlee
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March 11, 2013, 10:58:48 AM
 #39

The fee was lowered to 0.5% a few days ago which is 3-4x cheaper than most similar services.

thank you.
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