good joke
Heil Bitcoin!
On a serious note of course I understand
Topic: [ANN] Whirlwind.money | ⚡No Fee⚡ | Ultimate Privacy | Anonymity Mining 12% APR🔥 - page 10. (Read 12789 times)
August 17, 2023, 08:36:47 AM
LeGaulois the altcoin-racist needs to use DAI
good joke
Heil Bitcoin!
On a serious note of course I understand
good joke
Heil Bitcoin!
On a serious note of course I understand
August 17, 2023, 08:06:30 AM
Code:
DAI (ERC-20) Address for repayment:
Can someone advise which wallet to use for a DAI address?
At a later stage I will also ask how to convert this shitcoin into proper real money.
Any hardware wallet should work, and most large exchanges trade it, it's basically a stablecoin valued at ~$1/ea.
August 17, 2023, 08:05:14 AM
Code:
DAI (ERC-20) Address for repayment:
Can someone advise which wallet to use for a DAI address?
At a later stage I will also ask how to convert this shitcoin into proper real money.
August 17, 2023, 08:03:43 AM
If you have funds on whirlwind you can forward the private key to your note to either minerjones or myself for verification
I don't know if they provide a letter of guarantee for sending funds between note addresses. If they do so, the other way is people send their funds to your note address and then send you the letter of guarantee.If a trusted member of the forum sends you a letter of guarantee or a note private key, I think that's enough.
If a newbie who has created an account recently is claiming funds, you should ask him to provide more evidences like the LoG of the deposit. You should not accept the claim, if the deposit has been made after your today's announcement regarding claiming funds from the escrow. It's easy for the person who has access to the private key of the signing address to come here and claim funds.
August 17, 2023, 08:01:28 AM
Thoughts?
Can WWM manipulate notes data, such as changing balance to zero or creating fake notes and claiming part of the $40,000.
BTW
The site is still working.
One of signature campaign members are still wearing WWM signature. Sometimes I feeling that many accounts here are A.I.
August 17, 2023, 07:50:20 AM
Alright so I'll try and make this as simple as possible. If you have funds on whirlwind or if you made a withdraw after the 9th of August and haven't received it yet, please fill out the below form and send it as a PM to either myself or to @minerjones and we'll compile it in a list and then refund users from the escrowed amount. Repayments will be made in DAI on the ERC-20 network.
Please allow some time to handle all of this, but the sooner you'd send yours in the better. I already received some PM's regarding this and if you could follow the above formula that'd be appreciated as my inbox will explode and I might not reply to all of you in a timely manner but I will record all information sent.
Code:
Bitcointalk Profile Link:
whirlwind note Private key | LoG of withdraw:
Amount owed in BTC:
DAI (ERC-20) Address for repayment:
whirlwind note Private key | LoG of withdraw:
Amount owed in BTC:
DAI (ERC-20) Address for repayment:
Please allow some time to handle all of this, but the sooner you'd send yours in the better. I already received some PM's regarding this and if you could follow the above formula that'd be appreciated as my inbox will explode and I might not reply to all of you in a timely manner but I will record all information sent.
August 17, 2023, 07:41:07 AM
This is from the review campaign, isnt it?
Should this sum only be used to pay out the unpaid contributions from the Bounty campaign , the unpaid promised interest (12%) or if someone used the mixing service and still waiting for the withdrawl?
Should this sum only be used to pay out the unpaid contributions from the Bounty campaign , the unpaid promised interest (12%) or if someone used the mixing service and still waiting for the withdrawl?
I don't see the problem here, it's money from ww, it shouldn't be a problem if it's used to cover the mess they made
Calculating any 12% APR on any outstanding amounts seems like a nightmare to me so it would be easiest to just try and reimburse users who never got their withdraw and can prove with an LoG or if they still have funds on whirlwind and can prove it with their note private key.
Everyone should forget about the percentage of the stake, no one can claim the kind of earnings that the scammers promised him.
It seems to me that everyone has already started the withdraw, although it would be much easier for the refund if the escrow could check the balance directly using note pk.
Obviously anyone depositing their own funds would come first, followed by anyone participating in the signature campaign.
This is also the right decision, luckily there are not many complaints from the user side.
Here I would just add that maybe you should hurry and do all the checks while the TOR site is still online. Based on everything, would not be surprised if it will soon be shut down without notice.
August 17, 2023, 07:30:33 AM
Please hold off on sending anything for now. I'm currently trying to discuss the best way forward with minerjones and once we agree on it I'll probably create a form or similar that you can send as a PM.
Just want to make sure we'd get everything right as this will have to be a one and done thing.
Just want to make sure we'd get everything right as this will have to be a one and done thing.
August 17, 2023, 07:28:57 AM
So one way this can be done without making it difficult would be:
If you've withdrawn already, you can just forward the LoG to minerjones or me (I'll gladly help in sorting this all out).
If you have funds on whirlwind you can forward the private key to your note to either minerjones or myself for verification and once verified a transaction with the equivalent amount will be made to you while sending those funds on the note elsewhere, to avoid any confusion with a LoG coming up later on.
It can be tricky but it can be done. I do not think that the entire $40k in DAI will be necessary to make everyone whole, I'm yet to see anyone bring up a case of them depositing and losing money besides some trivial amounts.
Thoughts?
If you've withdrawn already, you can just forward the LoG to minerjones or me (I'll gladly help in sorting this all out).
If you have funds on whirlwind you can forward the private key to your note to either minerjones or myself for verification and once verified a transaction with the equivalent amount will be made to you while sending those funds on the note elsewhere, to avoid any confusion with a LoG coming up later on.
It can be tricky but it can be done. I do not think that the entire $40k in DAI will be necessary to make everyone whole, I'm yet to see anyone bring up a case of them depositing and losing money besides some trivial amounts.
Thoughts?
Hello Hhampuz, thanks for the offer I will PM you the node address and key, the last time I took off from the signature campaign was at Whirlwind in early June, the rest is still at the address. Is it OK for you if I send it to you by PM?
regards
August 17, 2023, 07:20:47 AM
$40k in DAI
This is from the review campaign, isnt it?
Should this sum only be used to pay out the unpaid contributions in the Bounty campain, the unpaid promised interest (12%) or if someone used the mixing service and still waiting for the withdrawl?
It was initially offered up as escrow to safeguard the bitcointalk community from any risk while participating in the review campaign but whirlwind left the amount with minerjones.
Calculating any 12% APR on any outstanding amounts seems like a nightmare to me so it would be easiest to just try and reimburse users who never got their withdraw and can prove with an LoG or if they still have funds on whirlwind and can prove it with their note private key.
Obviously anyone depositing their own funds would come first, followed by anyone participating in the signature campaign.
August 17, 2023, 07:18:16 AM
$40k in DAI
This is from the review campaign, isnt it?
Should this sum only be used to pay out the unpaid contributions from the Bounty campaign , the unpaid promised interest (12%) or if someone used the mixing service and still waiting for the withdrawl?
August 17, 2023, 07:16:07 AM
✂
Let’s all remember that everyone could withdraw at any time, week after week, meaning that if you were to withdraw the next day after every payout, you would only have lost this week’s (last) payout.
Let’s all remember that everyone could withdraw at any time, week after week, meaning that if you were to withdraw the next day after every payout, you would only have lost this week’s (last) payout.
as Hhampuz has already said, you could always leave the ww-campaign. those who stayed and are now damaged (including me) have just tolerated the whole procedure and thus agreed and as long as 'not you key - not your coins' applies, there is always a residual risk.
✂
so I would need a list of who, why, and what amount
✂
so I would need a list of who, why, and what amount
✂
✂
If you've withdrawn already, you can just forward the LoG to minerjones or me (I'll gladly help in sorting this all out).
If you have funds on whirlwind you can forward the private key to your note to either minerjones or myself for verification and once verified a transaction with the equivalent amount will be made to you while sending those funds on the note elsewhere, to avoid any confusion with a LoG coming up later on.
✂
If you've withdrawn already, you can just forward the LoG to minerjones or me (I'll gladly help in sorting this all out).
If you have funds on whirlwind you can forward the private key to your note to either minerjones or myself for verification and once verified a transaction with the equivalent amount will be made to you while sending those funds on the note elsewhere, to avoid any confusion with a LoG coming up later on.
✂
a really repectable approach, which i very much approve of. i will provide you both with all the necessary data later today.
we just hope that all other participants who wanted to withdraw their campaign funds have also saved the log file.
August 17, 2023, 07:04:08 AM
So one way this can be done without making it difficult would be:
If you've withdrawn already, you can just forward the LoG to minerjones or me (I'll gladly help in sorting this all out).
If you have funds on whirlwind you can forward the private key to your note to either minerjones or myself for verification and once verified a transaction with the equivalent amount will be made to you while sending those funds on the note elsewhere, to avoid any confusion with a LoG coming up later on.
It can be tricky but it can be done. I do not think that the entire $40k in DAI will be necessary to make everyone whole, I'm yet to see anyone bring up a case of them depositing and losing money besides some trivial amounts.
Thoughts?
If you've withdrawn already, you can just forward the LoG to minerjones or me (I'll gladly help in sorting this all out).
If you have funds on whirlwind you can forward the private key to your note to either minerjones or myself for verification and once verified a transaction with the equivalent amount will be made to you while sending those funds on the note elsewhere, to avoid any confusion with a LoG coming up later on.
It can be tricky but it can be done. I do not think that the entire $40k in DAI will be necessary to make everyone whole, I'm yet to see anyone bring up a case of them depositing and losing money besides some trivial amounts.
Thoughts?
August 17, 2023, 06:55:13 AM
This leads us to the question, can the escrow funds be used in this case?
The sum Minerjones is holding isn't sufficient enough to cover the total deposited money I think. Minerjones is holding 40k DAI which is ~1.50 Bitcoin while the amount should be far higher considering the deposits we can see in the last week. How will it be used then? Well, MJ knows that better. Let him decide once everything is confirmed. Though the chance of whirlwind coming back is pretty low, we can still hope for the best and hopefully whatever they have said is true.That is a good question.
From what I know many people are owed funds, not just people who deposited funds.... so I would need a list of who, why, and what amount
And it is not really "my" decision what happens as this should be decided on with the people who are owed funds
This would then be evaluated and then pro-rated based on the available funds in escrow
August 17, 2023, 06:39:16 AM
Nobody complained about the change of payments from btc address > Notes. On the contrary people praised it, wherever they are now idk. Obviously there's always a risk involved when you make a switch like that but I didn't see anything wrong with it, and everyone involved knew it when it happened without being forced to stay.
I don’t remember if I praised the change, but I did understand the reason for that. More money going around their multisig address = more privacy for everyone else, specially their customers. Assuming they were legit and not premeditating an exit scam, it was a smart move.Let’s all remember that everyone could withdraw at any time, week after week, meaning that if you were to withdraw the next day after every payout, you would only have lost this week’s (last) payout.
August 17, 2023, 06:34:07 AM
Nobody complained about the change of payments from btc address > Notes. On the contrary people praised it, wherever they are now idk. Obviously there's always a risk involved when you make a switch like that but I didn't see anything wrong with it, and everyone involved knew it when it happened without being forced to stay.
August 17, 2023, 06:32:12 AM
Another way that people can think of is when It is always better to get your coins directly in your wallet. I do not know if anyone complained about the chancge? But this procedure is also often done at campaigns from casinos. Payout directly to the user account. It is always about trust. And Whirlwind has abused our trust completely.
That one is different. Whirlwind starts by paying to peoples self hosted wallet addresses until a sudden change to paying to public key note. But the same because they are both custodial.I Mistyped. Not chance but change. Sorry.
So I noticed that whirlwind had first paying out to peoples self hosted wallet addresses and then changed it to the public note, but do not know if anything complained about this change.
August 17, 2023, 06:13:43 AM
This same applies to exchanges as to Whirlwind: Not your keys, not your coins. So everyone can decide for themselves to take the risk or not.
They are the same, not your key nit your coin. But they are also different because mixers should just be for what they are called which is mixing. Any other offer that will encourage people to deposit for long or investment on a mixing site is an indication of a scam attempt. Another way that people can think of is when It is always better to get your coins directly in your wallet. I do not know if anyone complained about the chance? But this procedure is also often done at campaigns from casinos. Payout directly to the user account. It is always about trust. And Whirlwind has abused our trust completely.
That one is different. Whirlwind starts by paying to peoples self hosted wallet addresses until a sudden change to paying to public key note. But the same because they are both custodial. August 17, 2023, 06:06:07 AM
When people should have been suspecting Whirlwind to be scam is when they began anonymity mining or something with 12% APR. I do not know much about it but it is like a way people will leave their bitcoin on the centralized mixing service. Many people will be affected.
This same applies to exchanges as to Whirlwind: Not your keys, not your coins. So everyone can decide for themselves to take the risk or not.
Another way that people can think of is when they began paying using note public key to the Whirlwind participants on this forum. Funds are paid from note public key into note public key. It would have been better if it is paid to individual bitcoin addresses on their self hosted wallet.
It is always better to get your coins directly in your wallet. I do not know if anyone complained about the change? But this procedure is also often done at campaigns from casinos. Payout directly to the user account. It is always about trust. And Whirlwind has abused our trust completely.
edit: chance -> change
August 17, 2023, 04:55:50 AM
The 12% APR was quite high and maybe should have raised concerns at the time. I suppose it is the same with the Notes payout. Unfortunately, hindsight comes to mind.
Indeed with the benefit of hindsight, I do remember raising concerns about the (in my opinion, unsustainable) APR three months ago:
For example if you have a Note with a balance of 1BTC you will receive 0.00033333BTC every day added to your balance, so 0.01BTC a month in total. After a day your Note balance would be 1.00033333BTC and so on until you withdraw. You could deposit today, wait for a day, withdraw and you would still get to keep the rewards for that day.
So, it mean, monthly interest amount is fixed and it is not cumulative, no compound interest, only 1% per month is the maximum reward for participants. In fact, the APR at 12% is higher than what we can get at the moment if we compare with banks. But, have you ever thought about applying compound interest? Although it is not very feasible
Wouldn't that mean that you'd need to invest for ~8.2 years before you get a 100% ROI?
I'm not quite sure if this will be profitable in the long run. I haven't heard of any mixer that has managed to run for that long.
Would be very pathetic though if they only intended to run this mixer for a few months.
At least some people had their guards up from the beginning:
At the moment, with whirlwindmoney being the sole operator of the site, then they are in control of all 3 keys in a 3-of-3 multi-sig. This provides additional security against a single server being seized or infiltrated, but it still requires complete trust from the end user that whirlwindmoney won't scam them, as it would in a normal single-sig set up.
Correct, the multi-sig's purpose in the current setup is not to protect against us acting maliciously, but against external actors.Jump to: