Topic: Chipmixer campaign by the constant pressure of the hypocrite? - page 2. (Read 1411 times)

That's where you're wrong: the calculation, in reality, isn't even $300 per user.
It's not even the past figure of 0.0375BTC/user - that would grant a figure in USD value that is only 86% worth the ~150k/week.

The claim is: over 0.043 BTC at current rates^[~57.5k] per user, per week.

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This is an odd statement to use for a mixer, which can be used independently of your wage.

I'm a bit confused: how do you think ChipMixer makes its income? Bear in mind: people have to either donate or send an arbitrary amount below 0.001 that is reduced due to the chip sizes.

LOL stop making such obvious shit up.

$300 max, less than 60 users - can't be more than $18k a week unless you failed 3rd grade math.

In reality it's around $8k because not everyone makes max posts. The spreadsheet is public.

You're right. Not everyone in this campaign is upstart and screamer. I mean only the most noisy ones because they are heard most of all. I think it's obvious.

Very simple math.
CM spends just for fun to advertise on a half-dead forum
~$150к per week = $600к per month.

How much does a healthy (normal) businessman usually spend on advertising? Well, let's say that the owner of CM has a sick brain and spends 30% of his profits on BTT.
So CM earns ~$2000к every month

What makes up CM's profit? They claim to be from donations. LOL of course, but let's say....
How much percent of their monthly earnings do brain-healthy people spend on donations? Honestly, I don’t know, but I think it’s definitely not more than 10%.

Does this mean some people transfer no less than $ 20,000,000 through the CM every month?
Well, obviously, these translations are done by honest people who just like libertarian ideas. Do you agree?

When you learn Russian as well as I do English, then come here to measure my penis.


Some people believe in the existence of dragons and ghosts. How does this characterize them in your opinion?


What do you know about theories? Show off your Ph.D.
3000 active users: 1/3 are spambots, 1/3 are disposable newbies, the rest are real users plus their alternative accounts (~50/50 proportion). Here's my theory. It fits well with official data about users online.

Past and present, two different things, did you skip that day at school when they explained the difference? I promote CM because I believe that this service brings a lot more good than bad, and if you check my payment address you can see that I haven't spent a single satoshi in more than 2 years since I joined the campaign - maybe I donate everything to charity one day.


You probably think someone is forging data for something? I know that the official statistics actually suit you better because it gives information about currently online users - 3000 daily active users does not fit into your theory that there is no point in advertising on the forum.

If by "aggressive" you mean outspoken, I'd have to say only a few of the Chipmixer campaign members have that trait--i.e., there are just a few voices that are very loud, but if you look at the entire spreadsheet you'll see that most participants aren't the ones engaging in drama or voicing their strong opinions about things.  So you've overgeneralized everyone in the campaign.

Huh, that's interesting.  I didn't even know you could check that out.  I also don't see what all the hooplah is about Chipmixer being used for illicit activity.  Cryptocurrency is all about privacy, right?  Are privacy coins inherently evil?  Is cash inherently evil?  I'd say no to the last two questions, and I don't see a service that enhances financial privacy to be a bad thing.  Sure it could be used by bad folks for bad reasons, but so can a lot of other things--including the internet itself. 

Why Chipmixer is being singled out here is beyond me.

The best evidence I am aware of from Chainalysis shows that only 8% of funds being sent to mixers are from illicit sources. Please present your evidence that refutes this and shows instead "massive income" from illicit sources.

I feel bad that they were pressured to drop their rates, I mean the participants of their campaign are pretty good and almost everyone if not is posting quality posts which is commendable. I thought at first that the drop in the rates were because the price of bitcoin jumped so high to the point that they have to adjust but then I say that what they are paying in bitcoin is a fixed equivalent, although I am not a fan of the service itself as it is a laundering paradise, I think it is unfair that they are going to have the participants take the blow too.

No problem.
Especially if these launder's schemes will be advertised by people who call themselves fighters against scammers. Everything is fine of course here.

I was quite surprised how people started complaining in the CM thread that they were paying too much, leading to the subsequent drop in rates. As it usually happens, it is full of envious people, who when they see that someone earns a lot, instead of trying to improve themselves more, what they want is for the other to earn less. I'm sure when CM finally lowered the rates some of those who complained had an orgasm.

Come to think of it, Bitcoin was obviously invented for criminals. There is absolutely no conceivable reason why a law abiding person would want to be their own bank and keep their financials private. Preposterous.

Correct. After the ChipMixer gang sends all the Russians and Turks to Madagascar, they will have achieved their goal of monopolizing the forum - after all, what other reason would they have to hire so many users to spread their website across the website? It couldn't possibly be to target any real users: who in the world would ever want to willingly donate their inputs to a mixing service?

This forum is just a shell platform to host the next criminal hub of activities, of course.

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FWIW it would be quite hassle-free to launder money through the many casinos the crypto space has to offer: no problem with that? Never mind the fact that gambling is just an elaborate con, like knowingly playing with a rigged coin.

One thing that never seems to get mentioned in these "anti Chipmixer" threads is that "money laundering" isn't something that happens in a vacuum.  I can push money around a dozen bank accounts, even throw in some foreign banks for good measure, and it's not a crime.  Moving money around for privacy reasons is not illegal, because it alone is not a crime.  Money laundering is an enhancement to criminal activity.  One needs to have obtained the money through criminal acts for the act of obfuscating it's origins to be "money laundering."

Again, privacy is not robbery. If a robber drives away in a Chevy we are not blaming GM for making money by selling a car to a criminal, are we?


Look towards what? Ban Monero?


You might have a point if ChipMixer existed for the sole purpose of facilitating scams but I don't think that's the case, if for no other reason than myself finding it useful and not being a scammer.

Is it impossible for whales to use coins for privacy?

If I had hundreds of Bitcoins in a single input, wouldn't I want to split them before spending them so that I don't tell my local coffee shop that I have millions of dollars available?
"it is quite obvious" hinges on your preconceptions.

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One more:

Those "hackers and scammers" that use the service would probably want to mix the coins multiple times across multiple services and they wouldn't bother donating to ChipMixer - which is how they make their income (+ the up-to-0.001 cutoffs, probably).

This trolls are just giving free advertisement for Chipmixer and helping everyone else from that campaign especially members who are replying them.
Big waste of time in my opinion, but someone is getting paid for it and others are depressed alts.

Let's talk about illegal stuff and dirty money.
Did you know that 90% of dollar bills are tainted by cocaine, and with heroin, morphine, methamphetamine in lower percentage?
https://www.moneycontrol.com/news/world/study-finds-around-90-percent-of-us-dollar-notes-carry-traces-of-cocaine-2825291.html

Stop using dollar bills and don't do drugs 

Good point actually. It is more about perception how one sees it. I will not debate it further but I like some of the replies and answers.

One thing we need to understand is that they aren't going to spend so much money on the signature campaign if only innocent and fair guys were using the mixer, it is quite obvious they get massive income from hackers and scammers which is ultimately paid to the signature participants.

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I know hackers will find a way but my point was - at least we should not promote a service that helps them do it. Innocent people have numerous other ways of maintaining privacy, mixers are only making it easy.

I am promoting a service which protects privacy, nothing more. If you reject every innovation based on how it may be misused, then we would still be living as cavemen.

Actually no, it's not like that. People should have the chance to slam the door in the face  of anyone invading their privacy or trying to sneak in their private lives. It's the purpose of the entire work of Cypherpunks. Bitcoin follows their vision. If a law enforcing agency is surveilling the citizens, it's legal, right? But if you sneak in on your neighbour's private life is illegal right? Wrong. Actually yes, if an agency does it then it is legal and if a person does it then it becomes illegal, but in both cases  it means invading someone's privacy and this is unacceptable. Mixers help honest people preserve their privacy. Criminals will always find a way, no matter if with mixer's help or not. They do that for ages. Simple people, which have or not anything to hide, but nothing illegal, use mixers for their privacy. For not allowing intruders in their lives. For being able to slam the door in the face of any intruder.

I will avoid stretching it but it almost sounds like people are going to scam anyway so let's make some money by supporting them, doesn't it?

Robbers are going to get out on bail so why bother complaining and getting them arrested, instead let's take some money and let them go. Is that how you mean? By the way, I am more than happy to discuss it on PM if you have time and patience.

If scammers use Monero and get away then we have to look towards it, but that does not mean we should start supporting scammers by promoting services that facilitate them, because they will eventually find a way.