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Showing 20 of 31 results by xz0708
Post
Topic
Board Beginners & Help
Re: Why KYC is extremely dangerous – and useless
by
xz0708
on 09/08/2021, 03:42:59 UTC

Along side freezing the assets, Bitfinex is being asked to dox the account owner, and that is where the uncertainty is as to what KYC data the ransomware perpetrators used: their own personal data, or yours (generic third party)? The outcome may be considered good or bad in this case, depending on the wit of the perpetrators.

good point - was the hacker using stolen personal data to kyc ?  or did they catch the hacker because he used kyc ?  wonder how many "chainanalysis" traced accounts were opened with stolen personal info....that is where the kyc will start to spring back against exchanges....
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Topic
Board Trading Discussion
Re: AML/KYC Process Explained
by
xz0708
on 09/08/2021, 03:30:12 UTC

Feel free to use this sticky as a general discussion of AML/KYC policies.

This may to the conversation:
https://old.reddit.com/r/Bitcoin/comments/o5lhmu/governments_planning_a_global_coordinated_attack/
Post
Topic
Board Altcoin Discussion
Re: Tron is number one coin Now Specially trc20 USDT
by
xz0708
on 20/05/2021, 12:04:07 UTC
To be honest, I am just using the Tron network when I want to transfer USDT between exchanges since it is cheap for withdrawal fee, besides that, I don't find any good thing uses of Tron.
But now there is already a lot of alternatives with Tron for transferring stable coins like USDT. Like Solana ecosystem which is they have already USDC/USDT SPL, which is you can receive USDC/USDT using the Solana ecosystem. There are still few exchanges using this, which I find quite a good alternative for USDT/USDC besides the Tron network.

Solana is interesting but needs more/easier on ramps......

" USDC/USDT SPL " - did you mean SLP on the BCH network or spl is from the solona network something ?  BCH has a usdt on the SLP network, not heavily used, suffers like solana from lack of on/off ramps.  Not a BCH baby but SLP tether caught my attn.
Post
Topic
Board Altcoin Discussion
Re: Tron is number one coin Now Specially trc20 USDT
by
xz0708
on 20/05/2021, 03:17:52 UTC
Looking into trc20 myself, it checks alot of boxes - true.  There is a need for it - true.  It is a great marketing scheme to bring users to tron network - also true.

Exultation Moderation:  as everyone gets comfortable with a seemingly good thing (fast cheap transactions of usdt trc20) it is important to remember the usdt on trc20 is only safe as long as Justin Sun and CZ binance allow it....in this time where companies, founders, and ceo are being personally threatened to dismantle privacy and remove anything that enables anonymity and sovereignty - Justing and CZ will not stand against dismantling - they are not saints, not satoshi, they are both shrewd morally free businessmen who have proven they will do anything to get out of trouble and increase their personal wealth.  NOT THAT THERE IS ANYTHING WRONG WITH THAT.  But dont believe that if trc20 usdt gets too popular everyone could be in for some sort of a un-welcome surprise.   BTC could benefit from a btc blockchain usdt alternative, but thats for another bedtime story.......
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Topic
Board Exchanges
Re: Transfer USDT through TRC20
by
xz0708
on 20/05/2021, 02:32:03 UTC
So this means that at the moment the best non-custodial wallet where we can store most of our coins is trust wallet as it supports almost all of the blockchains.

You've got Coinomi as well, but I'd personally stick to TrustWallet especially if you're interested in using DEXes that uses WalletConnect.

All these support usdt (TRC20) :
Atomic wallet
Guarda Wallet
exodus.com
Coinomi
Jaxx Liberty

Trustwallet sounds very convenient .....but how to use it privately and sudo-anonymously - is that really impossible ??
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Topic
Board Altcoin Discussion
Re: My Little Experience with USDT - TRC20
by
xz0708
on 19/05/2021, 00:00:37 UTC
great thread, myetherwallet supports trx but anyone know how to transfer trc20 to myetherwallet ?  is that still possible or that ended when trc20 went to mainchain ?
Post
Topic
Board Currency exchange
Re: need PAYPAL funds for my BTC
by
xz0708
on 13/03/2021, 22:24:55 UTC
will buy for 10% premium - will you use escrow ?   I usually check dm's every other day
Post
Topic
Board Currency exchange
Re: Need 708 eur in paypal
by
xz0708
on 13/03/2021, 18:30:20 UTC
can send eur pp friend n f. - must use escrow known here since im newby - if interested WILL TRADE WITH ANYONE ++premium - must use known escrow
Post
Topic
Board Currency exchange
Re: Cashout your Semi-clean funds at a good rate. you get 50-70%
by
xz0708
on 13/03/2021, 18:22:58 UTC
DM if you are trading - need reputable escrow
Post
Topic
Board Currency exchange
Re: [H] bitcoin usdt [W] paypal
by
xz0708
on 13/03/2021, 18:14:43 UTC
Here to - if you will do neutral escrow i will buy what you have - pp f n f / cashapp / amazon credit
Post
Topic
Board Currency exchange
Re: Have 0.017 BTC Want $750 PP F&F
by
xz0708
on 06/03/2021, 23:16:33 UTC
interested, dm me here.
Post
Topic
Board Bitcoin Discussion
Re: Block chain "cleanliness" analytics
by
xz0708
on 01/03/2021, 05:12:36 UTC
Thanks everyone for taking time for the discussion - answered my questions about "cleanliness" and i learned a lot.  Very useful 
Post
Topic
Board Currency exchange
Topic OP
(H)Fiat - (W) BTC __ 15% premium - deposit preferred
by
xz0708
on 01/03/2021, 04:02:38 UTC
escrow necessary

cash deposit to any major national bank in us (not interested in paypal  zelle, or other bank linked method right now)

15% premium (markup for btc seller)

flexible purchases from $100-1500 necessary

Post
Topic
Board Currency exchange
Re: Cash App -> BTC
by
xz0708
on 28/02/2021, 15:42:30 UTC
I need somebody sending a payment in cash app, I' m not from the US and the app does not work outside. I send you 15$ btc for a 10$ payment in cash app. PM me



cant direct msg you .....interested if you send first or we use escrow. change settings and pm if still need to trade thanks
Post
Topic
Board Currency exchange
Re: Best stable coin when selling crypto?
by
xz0708
on 28/02/2021, 06:57:36 UTC
Any wallets for stable coins? 
Tether wallet - mythical creature - i have not been able to set one up......still
usdc - is there a wallet ?
Busd - wallet or only store and spend @ binance?  seems bnb token is better at least you can move it off exchange

Heard of some synthetic stable coin projects, dont remember the name right now.  The basically work like an etf or fund.  The concept is a basket of tokens (btc / eth / sushi / tron / usd/jpy / whatever coin) they automatically re-balance daily to create a synthetic stable coin.......it was on the eth network so that is one possible point of failure....

Interested in synthetic and stable coin projects.    jpy usd eur stable coin offerings would be very well subscribed.....
Post
Topic
Board Bitcoin Discussion
Re: Block chain "cleanliness" analytics
by
xz0708
on 28/02/2021, 06:41:36 UTC
does anyone know if coinjoin , wasabi, whirpool technology prevent tainted coins from entering mix pool?  
Most services actually prohibit CoinJoin transactions as they're pretty easy to detect, whether it's tainted or not. As said before, unless you're able to pay some Bitcoins to a miner for newly mined coins, there probably isn't a way around it to get 100% untainted coins.

Think i heard that before some where, so you are confirming for me - useful and appreciated.  Long time - self mixing may be the best.....thanks again
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Topic
Board Bitcoin Discussion
Re: Block chain "cleanliness" analytics
by
xz0708
on 28/02/2021, 03:59:15 UTC
@ranochigo -  thanks friend....that was the breakdown i needed right now.  See my reply to Darker45 - similar thinking - governments...
Post
Topic
Board Bitcoin Discussion
Re: Block chain "cleanliness" analytics
by
xz0708
on 28/02/2021, 03:52:26 UTC
@odolvlobo  - your right it is sad analytics companies only want to make $$ getting people in trouble, not help people stay safe.

@cabron  - just thinking about purchasing from p2p dex or maybe from this forum .  If i buy from a user here and use escrow i could find myself not able to move coins to exchange so avoiding kyc is worthless Sad

@meanwords - thanks , thats a useful link to check for scams.  wish i could find something like exchanges use to judge coins you deposit.    

@Darker45  - totally agree - we should not encourage separation of clean v. tainted coins.  no one at grocery cares if cash is tainted same should apply to btc.   Miners dump to otc @ "clean" coin premium,  make more $$.  
It is an excuse for exchanges to confiscate coins, they maybe report 10% tainted coins then mix the rest themselves and profit.  Governments love it because it teaches how to confiscate btc "LEGALLY" while btc is busy building the crypto hiway for central bank digital currencies...HEHE  (I just want a similar tool so hodlrs can start to practice to)


does anyone know if coinjoin , wasabi, whirpool technology prevent tainted coins from entering mix pool?  

  
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Topic
Board Exchanges
Re: It seems that KYC will be a must for all CEX users in Future
by
xz0708
on 28/02/2021, 01:41:06 UTC
@nightflightcourt ,interestingl....will check it out.  is it on ETH or its own separate blockchain, or its own special thing?
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Topic
Board Exchanges
Re: It seems that KYC will be a must for all CEX users in Future
by
xz0708
on 28/02/2021, 01:30:05 UTC
@nightflightcourt , ok very cool....what wallet ?  what dex on backend? looks like lightning swaps....so it is operating like electrum and opening a channel ?  if so how much is minimum or is wallet just using someone's existing channels and performing a lighting swap?