snitchy_asc

joined 1 year ago
[–] snitchy_asc@monero.im 3 points 9 months ago

It was more to point out that speculators are more trading paper monero, than getting it in spot to withdraw it But yes we still have their perps after delisting they wants to censor buying it

[–] snitchy_asc@monero.im 3 points 9 months ago

I mean, all theses swaps going on "non-custodial" exchanges, their volume are not tracked. they probably represents a lot of transactions involved in circular economies. 600k tx in February while theres less volume isnt make sense

[–] snitchy_asc@monero.im 2 points 9 months ago

It was a personal opinion to add, I have no problem with people downvoting 😁

[–] snitchy_asc@monero.im 3 points 9 months ago (3 children)

For people downvoting, have fun keeping paper monero exchanges deciding of the price, because the actual volume isn't shown. (My own opinion on that topic)

7
Hidden-volume (monero.im)
submitted 9 months ago* (last edited 9 months ago) by snitchy_asc@monero.im to c/monero@monero.town
 

By looking on coingecko, you can notice a volume declining over the years and I might identified the issue, that could be seen as an iceberg.

Visible level : Spot/Perp/DEX prices

Deep level (not tracked) : crypto-swap exchange, localmonero or atomicswaps

Theres a looot of volume not tracked in the deep level, since a monero user is most likely using these ways (just look the last bad new it was a "nokyc" swap)

How this can be solved ?

[–] snitchy_asc@monero.im 3 points 9 months ago

It haves no effect because primexbt is not allowing XMR deposits/withdrawals or spot markets. Just a leverage platform

 

Binance is doing leverage ? Or speculators leveraged the bounce on Binance (still not really delisted until the 20 Feb). These people (if they can be reached) should more be advised to trade in spot, on places where they can actually withdraw funds to use them.

 

Some informations missing to people when reading the Vastaamo hack:

  • The hacker leaked it's identity (source)
  • Then the identity leak were used to find it's crypto-accounts such as binance, where he deposited amounts correlating with the investigations (source)
 

(Crosspost)

[–] snitchy_asc@monero.im 2 points 10 months ago

Coingecko is doing it, not coinmarketcap

 

Theres a lot of spot-markets like tradeogre who popped out of nowhere, it should be used as an advantage to give more usage to Monero.

  • Trade a crypto anonymously for speculators:

Buy XMR, withdraw to a wallet, deposit & sell for your crypto.

A quick list of known exchanges:

These are CENTRALIZED & CUSTODIAL EXCHANGES. I vouch nothing Sure the day serai haveno comes out, it'll be a priority to them.

 

Following delistings, Monero will need to also decentralize it's price tracking. How can the monero price can be known in a decentralized way ? Like aggregating DEX prices in a oracle ? Or fetching directly DEX public peers ?

[–] snitchy_asc@monero.im 1 points 11 months ago

Added, do you know if theres hyperlinks on matrix ? (just to make it better on the post)

2
submitted 11 months ago* (last edited 11 months ago) by snitchy_asc@monero.im to c/monero@monero.town
 

Feel free to advise anything

[–] snitchy_asc@monero.im 4 points 11 months ago

Idk it but if the seed is pre-wrote, you shouldn't trust it. If they were storing private keys somewhere then it's no more a cold-wallet.

 

I was thinking about that because stable-coins can be freezed and we see that everyday.

What if we have a bot tracking all freeze interactions ? By posting:

XXX (amount) $XXX (ticker) should have gone trough #Monero $XMR.

Learn more at getmonero.org

(Edit: I posted a bounty, if someone wants to do it here)

[–] snitchy_asc@monero.im 2 points 11 months ago

I'm not new but now it's obviously visible: Theses networks usage peaked the last bullrun, maybe a "rebounce" in transaction count would have happened but not. While Monero bottomed it's daily transaction count earlier so maybe people ditched their networks

[–] snitchy_asc@monero.im 2 points 11 months ago

Thanks you I will do that

[–] snitchy_asc@monero.im 2 points 11 months ago (2 children)

Sorry if I didn't mandatory put the hidden-service on the presentation, since probably a lot of people here aren't using Tor (I do it anyway). We recently found basedflare and as said before, if someone wants a NoJS and NoLog experience, it just needs to use our hidden-service (it's made for that it not goes trough the reverse proxy ect). If the service makes profits, we can expect a bigger infrastructure with dedicated captcha solution but for the moment we can't

[–] snitchy_asc@monero.im 2 points 11 months ago (7 children)

We use it as a dDoS/scrap protection while planning to move for basedflare, however I understand your worries that's why we have a hidden-service (not cloudflare protected).

5
Tired to search everytime an exchange to swap Monero ? (ybnc7t4gnaixrvawshppx6nauxrvyxf4nmppfk74ztqgd46q3ifjl4id.onion)
submitted 11 months ago* (last edited 11 months ago) by snitchy_asc@monero.im to c/monero@monero.town
 

Hi guys, I run intercambio with OrangeFren and I wanted to do a very full presentation.

Intercambio is an exchange aggregator

If you're tired to find liquidity providers, our front-end is doing it for you. Put an amount to swap and a monero address to receive, we will display the swap and sourcing it.

Intercambio is an exchange aggregator like many others, but focused on privacy

We do everything to keep users anonymous:

  • A Tor & I2P hidden-service access, without logging (IP, user-agent ect..) or JavaScript (the clearnet access is protected by Cloudflare so be sure to use the hidden services for this feature). Image
  • Never KYC filter, to ensure no KYC procedures because selected exchanges will not
We're also doing good user experience and swap features.

We're trying to mix privacy with utility and a easy-to-use interface:

  • Providing multi-hop swaps. If you can't find a swap from a crypto to an other, we will split the swap (For example: ETH on BNB ➡️ LTC ➡️ XMR).
  • A Trade tab is available if you're running bulk swaps to follow their status. Image
We're featured on a lot of places !
We donate to projects building for privacy
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