Quote from: Cricktor on Today at 07:21:11 PM

As I'm not much interested to investigate this spam any further, I just wonder what new shitstone spam has been reinvented and who the hell pipes all the money into this. Whatever this is, likely more people will loose money and some rake it all up for their next scheme. I'm just mildly surprised how history can seemingly repeat itself. Ad infinitum, really? Yikes!

Money taken from naive retail is often funding these spam transactions. There is just no end to the number of new suckers, and therefore the cycles of spam will continue effectively forever I think. You just have to also remember that the percentage of people that have been involved in cryptocurrency at all is still very low. So the stream will go on..

Quote from: philipma1957 on Today at 09:26:14 PM

If the people doing it are directly linked to large pools it is far cheaper to do than it looks like it is.

Miners profiting through raking up the fees, sure. But a lot of the stuff comes from third entities.

Quote from: LoyceV on May 18, 2025, 05:33:30 AM

I'm still surprised by how much money they're willing to spend on this. It must have been a couple of Bitcoins in transaction fees in just a few hours. If they would have spammed a bit slower, they would have saved hundreds of thousands of dollars. Which can only mean they don't care because they earn so much more than that from their spam. Which must mean their gullible victims pay for this.

Exactly. It is very similar to how the government spends money since it is not theirs, they don't really care. Any rational economic participant would strive to minimize costs that will occur. On that note, I wonder if big exchanges are doing enough consolidation right now? Fees have not been this low in a long time I recon.