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Topic: Random 0.00001 BTC from Laxo Trade? - page 2. (Read 15122 times)

sr. member
Activity: 322
Merit: 250
https://dadice.com | Click my signature to join!
October 13, 2014, 09:59:14 AM
Got a 1 mBTC, again.  Grin
full member
Activity: 151
Merit: 100
October 12, 2014, 06:52:31 PM
How is this spam? Are tiny transactions like these considered to be spam?

The transactions have a public note on them, saying their website. Blockchain also has a feature to label addresses, and Laxo Trade is using an address which is labeled with their name and website.
The public notes are actually only available if you use the blockchain.info block explorer, otherwise they will be invisible to you (they are not actually on the blockchain).

Most importantly they are paying an appropriate miners fee therefore are essentially paying to help keep the network secure

I kinda agree with your theory, that they are helping in the long run.. so maybe they are advertising too, but at least they are paying the miner fee for the advertisements. I really dont see any harm unless there is some kind of ulterior motive. Most folks in the crypto world are smart enough to understand that HYIP's just don't work. So if we are making something out of it and there is no way they can hijack your BTC wallet, i dont really see any harm Tongue
I really do not understand why people view advertisements on this forum as to be so negative. Bills need to be paid, and users do not want to pay for services that they consider should be free. Advertisements are the only answer to this problem. If you do not agree with the policy of the advertisees (publishers) then you should buy up the advertising space and advertise something different.

They are not hurting anyone by advertising their services via blockchain.info, if you don't think they will provide a good service then don't use it. If you think they are running some type of scamming service then make a scam accusation.
full member
Activity: 183
Merit: 100
October 12, 2014, 01:20:42 PM
They are helping the miners because they are paying TXs fees in blocks that are not full so the miners get more revenue then they otherwise would be able to get. The massive number of outputs they are creating has caused their "spam" to be received and noticed by a lot of people so they are getting a good amount of attention. I would approach them with caution as I would with any other business that I would need to trust my bitcoin with

Thank god transaction fees are not very low. It still doesn't seem to deter some people from spamming the blockchain.
What is the problem with this spam? Laxotrade is paying their fair share in miners' fee which is the same that everyone pays for a similar transaction.
legendary
Activity: 1554
Merit: 1026
★Nitrogensports.eu★
October 12, 2014, 12:24:14 PM
They are helping the miners because they are paying TXs fees in blocks that are not full so the miners get more revenue then they otherwise would be able to get. The massive number of outputs they are creating has caused their "spam" to be received and noticed by a lot of people so they are getting a good amount of attention. I would approach them with caution as I would with any other business that I would need to trust my bitcoin with

Thank god transaction fees are not very low. It still doesn't seem to deter some people from spamming the blockchain.
hero member
Activity: 568
Merit: 500
Smoke weed everyday!
October 12, 2014, 06:49:56 AM
How is this spam? Are tiny transactions like these considered to be spam?

The transactions have a public note on them, saying their website. Blockchain also has a feature to label addresses, and Laxo Trade is using an address which is labeled with their name and website.
The public notes are actually only available if you use the blockchain.info block explorer, otherwise they will be invisible to you (they are not actually on the blockchain).

Most importantly they are paying an appropriate miners fee therefore are essentially paying to help keep the network secure

I kinda agree with your theory, that they are helping in the long run.. so maybe they are advertising too, but at least they are paying the miner fee for the advertisements. I really dont see any harm unless there is some kind of ulterior motive. Most folks in the crypto world are smart enough to understand that HYIP's just don't work. So if we are making something out of it and there is no way they can hijack your BTC wallet, i dont really see any harm Tongue
They are helping the miners because they are paying TXs fees in blocks that are not full so the miners get more revenue then they otherwise would be able to get. The massive number of outputs they are creating has caused their "spam" to be received and noticed by a lot of people so they are getting a good amount of attention. I would approach them with caution as I would with any other business that I would need to trust my bitcoin with
newbie
Activity: 41
Merit: 0
October 12, 2014, 06:09:50 AM
Does it really free? hah
It sounds great,But it's hard to  let people to believe it's true.

LOL.. Too good to be true.
sr. member
Activity: 322
Merit: 250
https://dadice.com | Click my signature to join!
October 12, 2014, 02:22:32 AM
Laxo Trade is still spreading their BTC across wallets or they already stopped their spamming?  Roll Eyes
member
Activity: 78
Merit: 10
October 11, 2014, 10:57:49 PM
Does it really free? hah
It sounds great,But it's hard to  let people to believe it's true.
sr. member
Activity: 420
Merit: 250
Ever wanted to run your own casino? PM me for info
October 11, 2014, 10:37:19 PM
How is this spam? Are tiny transactions like these considered to be spam?

The transactions have a public note on them, saying their website. Blockchain also has a feature to label addresses, and Laxo Trade is using an address which is labeled with their name and website.
The public notes are actually only available if you use the blockchain.info block explorer, otherwise they will be invisible to you (they are not actually on the blockchain).

Most importantly they are paying an appropriate miners fee therefore are essentially paying to help keep the network secure

I kinda agree with your theory, that they are helping in the long run.. so maybe they are advertising too, but at least they are paying the miner fee for the advertisements. I really dont see any harm unless there is some kind of ulterior motive. Most folks in the crypto world are smart enough to understand that HYIP's just don't work. So if we are making something out of it and there is no way they can hijack your BTC wallet, i dont really see any harm Tongue
Their motive is that they want people to invest in their site and help them earn money. It is advertising, and the motive is that of every other advertisement. The difference in this case is that unlike announcement threads, there is no 'central' place for people to report their feedback to their services and if they got scammed
legendary
Activity: 906
Merit: 1002
October 11, 2014, 01:12:55 AM
How is this spam? Are tiny transactions like these considered to be spam?

The transactions have a public note on them, saying their website. Blockchain also has a feature to label addresses, and Laxo Trade is using an address which is labeled with their name and website.
The public notes are actually only available if you use the blockchain.info block explorer, otherwise they will be invisible to you (they are not actually on the blockchain).

Most importantly they are paying an appropriate miners fee therefore are essentially paying to help keep the network secure

I kinda agree with your theory, that they are helping in the long run.. so maybe they are advertising too, but at least they are paying the miner fee for the advertisements. I really dont see any harm unless there is some kind of ulterior motive. Most folks in the crypto world are smart enough to understand that HYIP's just don't work. So if we are making something out of it and there is no way they can hijack your BTC wallet, i dont really see any harm Tongue
Well if they did not pay a large enough TX fee then the TX would simply fall off of the memory pool after ~24 hours.
hero member
Activity: 588
Merit: 500
October 10, 2014, 04:33:01 AM
Could be just advertising spam.
legendary
Activity: 1022
Merit: 1005
October 10, 2014, 01:11:44 AM
How is this spam? Are tiny transactions like these considered to be spam?

The transactions have a public note on them, saying their website. Blockchain also has a feature to label addresses, and Laxo Trade is using an address which is labeled with their name and website.
The public notes are actually only available if you use the blockchain.info block explorer, otherwise they will be invisible to you (they are not actually on the blockchain).

Most importantly they are paying an appropriate miners fee therefore are essentially paying to help keep the network secure

I kinda agree with your theory, that they are helping in the long run.. so maybe they are advertising too, but at least they are paying the miner fee for the advertisements. I really dont see any harm unless there is some kind of ulterior motive. Most folks in the crypto world are smart enough to understand that HYIP's just don't work. So if we are making something out of it and there is no way they can hijack your BTC wallet, i dont really see any harm Tongue
member
Activity: 83
Merit: 10
October 09, 2014, 09:55:12 PM
How is this spam? Are tiny transactions like these considered to be spam?

The transactions have a public note on them, saying their website. Blockchain also has a feature to label addresses, and Laxo Trade is using an address which is labeled with their name and website.
The public notes are actually only available if you use the blockchain.info block explorer, otherwise they will be invisible to you (they are not actually on the blockchain).

Most importantly they are paying an appropriate miners fee therefore are essentially paying to help keep the network secure
DFS
newbie
Activity: 41
Merit: 0
October 09, 2014, 11:38:04 AM
Did they finish giving away the free BTC? Awh, man.
newbie
Activity: 17
Merit: 0
October 07, 2014, 02:55:06 AM
How is this spam? Are tiny transactions like these considered to be spam?

The transactions have a public note on them, saying their website. Blockchain also has a feature to label addresses, and Laxo Trade is using an address which is labeled with their name and website.
full member
Activity: 210
Merit: 100
October 07, 2014, 02:22:14 AM
How is this spam? Are tiny transactions like these considered to be spam?

They send out thousands of 'micro' payments to randomly selected addresses. These payments are all sent from one key and this key has been tagged with their website address on Blockchain.info. So they hope that these thousands of users will look up the payment, which most will do as they don't know where it came from, and when doing so see their website address and go to their site and possibly sign up for the services/products they have on offer.

So essentially the same as a bulk spam email going out only here there is some cost involved.

The difference here is that spam email is free for the sender to send and takes up resources of the receivers email provider. With bitcoin the sender pays the TX fee so laxo (in this case) will need to pay the miners for confirming the transactions. They have paid a lot in TX fees alone which have gone to the miners
sr. member
Activity: 336
Merit: 251
October 06, 2014, 01:16:06 PM
How is this spam? Are tiny transactions like these considered to be spam?

They send out thousands of 'micro' payments to randomly selected addresses. These payments are all sent from one key and this key has been tagged with their website address on Blockchain.info. So they hope that these thousands of users will look up the payment, which most will do as they don't know where it came from, and when doing so see their website address and go to their site and possibly sign up for the services/products they have on offer.

So essentially the same as a bulk spam email going out only here there is some cost involved.
legendary
Activity: 1022
Merit: 1005
October 06, 2014, 01:07:52 PM
How is this spam? Are tiny transactions like these considered to be spam?
full member
Activity: 191
Merit: 100
October 04, 2014, 10:11:07 PM
Laxo Trade seems like a HYIP, and most HYIPs only last a month or so, sometimes less, sometimes more.

It's called a Ponzi.

Take a look at Wikipedia's definition of HYIP

http://en.wikipedia.org/wiki/High-yield_investment_program

"A high-yield investment program (HYIP) is a type of Ponzi scheme,"

Either word would work.
A ponzi is actually designed to last a little bit longer then a HYIP as earlier investors in poinzis are paid by later investors and will continue until there are not enough new investors to pay older investors while a HYIP generally will have it's owner run away with investor funds once the total "investment" is high enough to make it worth their while to stop "operating"

EDIT: I agree they are both essentially the same that they are both scams and should be stayed away from
hero member
Activity: 574
Merit: 500
CoinBooster Rep
October 04, 2014, 02:16:23 AM
UGH!!!

My Coinbase account was just spammed by 7 separate transactions of 1 Sat  >.>


Same here, and it's even worse when they just sit there as pending.
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