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Topic: Theymos Uneasy about Advertising for Bitmixer.io.. - page 3. (Read 4535 times)

hero member
Activity: 593
Merit: 500
1NoBanksLuJPXf8Sc831fPqjrRpkQPKkEA
Theymos is probably concerned that the site may come under scrutiny as abetting crimes by mixing their Bitcoins. There is no dearth of bidders for ad slots so playing it safe makes sense.
legendary
Activity: 1778
Merit: 1043
#Free market
If it were me making the decision it would be because their identity is well hidden and people could potentially send large amounts of money to them at one time, sometimes with the expectation they will not get anything back from them for a long time (and may not check to make sure funds were received for days). This would potentially make it easy for them to straight up steal money from their customers.

While BFL was certainly a scam, they did not straight up steal in this way.

Bitmixer.io have established themselves (in my eyes) for quite a while now. Just because their identity is obscured, doesn't mean their untrustworthy.

Yes you're right , but this is the terms :

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I reserve the right to reject bids, even days after the bid is made. In particular, bids from people with less than 15 activity points are likely to be rejected. I recommend not getting into a bidding war with someone who has less than 15 activity points, as their bids might not be accepted, but your latest bids will still stand. If you need to know right away whether someone's bids will be accepted, PM me.

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copper member
Activity: 2996
Merit: 2371
If it were me making the decision it would be because their identity is well hidden and people could potentially send large amounts of money to them at one time, sometimes with the expectation they will not get anything back from them for a long time (and may not check to make sure funds were received for days). This would potentially make it easy for them to straight up steal money from their customers.

While BFL was certainly a scam, they did not straight up steal in this way.

Bitmixer.io have established themselves (in my eyes) for quite a while now. Just because their identity is obscured, doesn't mean their untrustworthy.
Fair point. Although they may have lost a good amount of money recently (this is speculation) as they had said they could potentially mix several hundred BTC though an exchange per day by depositing and then withdrawing from an exchange, and bitstamp recently disabled withdrawals unless your identity is verified. There were a few anon reports complaining about bitstamp not allowing withdrawals on unverified accounts (I always though this was them)
We transfer mixed coins after we receive numbers of needed confirmations (plus time delay) - it is a random time.
I'm not sure that miners will buy our coins, but we may exchange its to "fresh" coins using public exchange. We already did it, it works for several hundred bitcoins daily. I think we will develop automatic engine this autumn.

Another speculation would be that many users of illegal dark net sites will often use sites like bitcoin fog and bit mixer to obscure the source of their bitcoin when they deposit funds (or withdraw funds) from these sites. Although there are many other legit uses he may not want to advertise such a service so soon after receiving a subpoena for evidence in the Ulbright trial.
legendary
Activity: 2072
Merit: 1049
┴puoʎǝq ʞool┴
If it were me making the decision it would be because their identity is well hidden and people could potentially send large amounts of money to them at one time, sometimes with the expectation they will not get anything back from them for a long time (and may not check to make sure funds were received for days). This would potentially make it easy for them to straight up steal money from their customers.

While BFL was certainly a scam, they did not straight up steal in this way.

Bitmixer.io have established themselves (in my eyes) for quite a while now. Just because their identity is obscured, doesn't mean their untrustworthy.
copper member
Activity: 2996
Merit: 2371
If it were me making the decision it would be because their identity is well hidden and people could potentially send large amounts of money to them at one time, sometimes with the expectation they will not get anything back from them for a long time (and may not check to make sure funds were received for days). This would potentially make it easy for them to straight up steal money from their customers.

While BFL was certainly a scam, they did not straight up steal in this way.
legendary
Activity: 2072
Merit: 1049
┴puoʎǝq ʞool┴
https://bitcointalksearch.org/topic/m.9764145

How come?

Quote
Unfortunately, I must reject this bid. I am uneasy about advertising BITMIXER.IO.

To what I've seen in the past, you've happily accepted bids from Inaba (scammer) and others which had known scam sites. Can find the names if needed.
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