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coelomate
Oct 21, 2020


All I'm saying is I once had almost exactly this much USD worth of bitcoin on an old harddrive form loving around with mining. I followed steps like this and turned the money into a nice vacation :unsmith:

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Chris Knight
Jun 5, 2002

me @ ur posts


Fun Shoe
huh. no fees!

infernal machines
Oct 11, 2012

we monitor many frequencies. we listen always. came a voice, out of the babel of tongues, speaking to us. it played us a mighty dub.
no, fees!

Eeyo
Aug 29, 2004


git-blame about to ruin someone's day

Eeyo
Aug 29, 2004

ok serious question, how often does $300 million get disappeared from like a hedge fund or bank?

Main Paineframe
Oct 27, 2010

Shageletic posted:

I mean, I guess. Why is so loving stupid

it's all designed to force you into their ecosystem and make it an incredible pain in the rear end to leave

why didn't you just ask the person you paid you in internet funny money how to cash out?

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish
first you have to pay a small fee to buy the correct coin to pay the fee to move the coin to the place where, for a larger fee, you can turn it in to real money

Shame Boy
Mar 2, 2010

RPATDO_LAMD posted:

your best solution is a human solution:
find one of the cheesebrained true-believer techbros in the company who started/encouraged this whole bonuses-in-tether thing, say "hey i don't really get this poo poo and really don't want to touch the poop, ill give you my 1500 tethers for 1300 real dollars", and let him deal with navigating the ~world of crypto~

that sounds like a great way to get a lecture on crypto and why its important that you learn it and you shouldn't sell you should HODL before being told they don't actually have 1300 real dollars to pay you, but they'll send you 5 satoshis as a tip for listening to them

infernal machines
Oct 11, 2012

we monitor many frequencies. we listen always. came a voice, out of the babel of tongues, speaking to us. it played us a mighty dub.
now you might think for a moment that this shares some similarities with your average 419 scam, like sending money to extract a large windfall, but i assure you, those are purely coincidental.

Shame Boy
Mar 2, 2010

coelomate posted:

All I'm saying is I once had almost exactly this much USD worth of bitcoin on an old harddrive form loving around with mining. I followed steps like this and turned the money into a nice vacation :unsmith:

bitcoin is, ironically, easier to use than tether in this one hyper-specific case

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish
I'se The fee that pays the fee and
I'se The fee that pays it and
I'se The fee that pays the fee and
lets you turn your fake money in to real money:geno:

Shageletic
Jul 25, 2007

RPATDO_LAMD posted:

the coinbase thing is probably a reasonably safe bet tbh
i got that $100 fee number from op's own screenshot but i guess it was some stupid overpriced smart contract type thing at gemini rather than a normal "just send money" tx
based on the etherscan gas tracker linked above it should actually be about $30bux total to fund the wallet enough for a transfer

Infernal Machines is prob right but I think I"m going to give this a shot.

Happy to give the thread a window into an IRL crypto transaction lol

e: the almost getting stabbed plan was a close second

infernal machines
Oct 11, 2012

we monitor many frequencies. we listen always. came a voice, out of the babel of tongues, speaking to us. it played us a mighty dub.
if they miss any vital organs it's basically a free lesson

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish
if they wanted to keep their liver they would have had a thicker skull that resisted the blackjack, it's just survival of the fittest

Shame Boy
Mar 2, 2010

i'm so glad we're getting a remake of that old "trying to sell these bitcoins i don't want" series of posts from years ago, this is great

Shame Boy
Mar 2, 2010

i'll give you an unmarked paper bag full of a bunch of target gift cards that are definitely activated for your 1500 tethers op

EorayMel
May 30, 2015

WE GET IT. YOU LOVE GUN JESUS. Toujours des fusils Bullpup Français.
What is this "reel manni" you speak of

infernal machines
Oct 11, 2012

we monitor many frequencies. we listen always. came a voice, out of the babel of tongues, speaking to us. it played us a mighty dub.

Shame Boy posted:

i'll give you an unmarked paper bag full of a bunch of target gift cards that are definitely activated for your 1500 tethers op

up to two thirds of them may even have a remaining balance!

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish

EorayMel posted:

What is this "reel manni" you speak of

its this relic of the bygone days of statism where you could trade it for goods and services

HappyHippo
Nov 19, 2003
Do you have an Air Miles Card?

Boxturret posted:

yeah when I was doing a tax course last year there was a field that you'd fill in for income gotten through illegal activity lol

yup

quote:

Illegal activities. Income from illegal activities, such as money from dealing illegal drugs, must be included in your income on Schedule 1 (Form 1040), line 8z, or on Schedule C (Form 1040) if from your self-employment activity.
...
List of Nondeductible Expenses
  • ...
  • Illegal bribes and kickbacks. See Bribes and kickbacks in chapter 11 of Pub. 535.
https://www.irs.gov/publications/p17

Pakled
Aug 6, 2011

WE ARE SMART
https://twitter.com/jasonschreier/status/1488683901832810497?s=21

Zamujasa
Oct 27, 2010



Bread Liar
the discord version of running an unpatched xp in a vm and clicking every spam link you see

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish
CONGRATUATIONS [insert target name here] You've been whitelisted to mint [insert nft name here] at the whitelist price of [insert price here] for 5 hours!

neutral milf hotel
Oct 9, 2001

by Fluffdaddy
re: getting paid in tethers

the only winning move is to not play

sell the wallet to someone else who actively touches the poop, rather than worry about gas fees and giving PII to some online bank

epitaph
Dec 31, 2008

reminds me of public warez irc channels back in the day. some of my first forays into programming was learning mircscript to block private message porn spam.

coelomate
Oct 21, 2020


neutral milf hotel posted:

re: getting paid in tethers

the only winning move is to not play

sell the wallet to someone else who actively touches the poop, rather than worry about gas fees and giving PII to some online bank

Successfully "sell[ing] the wallet to someone else" will be an absurdist performance art too. Probably fishing recovery phases or private keys out of a chrome extension, and convincing a true believer that (a) coins are there, and (b) you will not remove them before they do.

Money of the future folks!

Buck Turgidson
Feb 6, 2011

𓀬𓀠𓀟𓀡𓀢𓀣𓀤𓀥𓀞𓀬

coelomate posted:

People here are being overly dramatic. To turn $1,500 tether into like $1,490 U.S. Dollars in a bank account:

(1) Open an account at https://coinbase.com/. It's a very large, very real company with legit banking relationships and tax compliance and etc.

(2) Click "send / receive", receive, change your asset to tether. This will show you the wallet address you need to send the tether to.

You will need some Ether (the unit of account on the Ethereum blockchain) to send tether to pay a transaction fee, since the tether itself can't be used to pay transaction fees. The transaction fee is probably pennies or dollars, not hundreds. You can use your coinbase account to buy the Ether via some supported fiat method, and then send it to your wallet with the tether.

Crypto is horrible but this small transaction is no big deal. You're not going to get scammed, identity thefted, or audited.



coelomate posted:

OK it looks like Ethereum transaction fees are like $20 per send now, which is annoying because you probably will need to buy like $50 worth of Ether, since you'll have to pay the fee to send it to your wallet with the tether AND the fee to send it from that wallet to coinbase.

lol this is all definitely very dumb. I am sorry it is happening to you.

$1,500 after coinbase fees and Ether transaction fees will probs be more like $1,400 but that's still enough beer to drink until this is funny-sad instead of just stupid-sad.



coelomate posted:

god this is all dumb ok NEW ESTIMATE:

(1) Small fee to buy Ether with your dollars at Coinbase using whatever method

(1) Small fee to send Ether you buy at Coinbase to the wallet with the tether, because Just Sending Ether isn't that expensive

(2) Medium fee (~$21) to send the Tethers to your Coinbase account because of course Tether is a complicated derivative smart contract thing build on top of Ethereum and thus ~ burns more gas ~ when it moves.

(3) Medium-large fee to sell your Tethers for dollars to a bank account at Coinbase

god I hate loving crypto

Zopotantor
Feb 24, 2013

...und ist er drin dann lassen wir ihn niemals wieder raus...

EorayMel posted:

Debate and/or Discuss.



gschmidl
Sep 3, 2011

watch with knife hands


Going to print out these 4 and arrange them into loss.jpg.

Wachter
Mar 23, 2007

You and whose knees?

Line goes down only increases the potential for line goes up!

Powerful Two-Hander
Mar 10, 2004

Mods please change my name to "Tooter Skeleton" TIA.


coelomate posted:


lol this is all definitely very dumb. I am sorry it is happening to you.


buttcoin: I am sorry it is happening to you.

coelomate
Oct 21, 2020


The $1,500 in Tether given out at bonuses probably comes from somebody striking it "rich" on a crypto pump and dump, then running into similar roadblocks cashing out.

If you have $10,000 in crypto, it'll be annoying and a little lossy but 99% chance you can get dollars in your bank account.

Once you have more like $100,000 or $1,000,000 or more the story changes, because the highly regulated exchanges all have daily transaction limits and rapidly escalating KYC steps for handling large volumes.

The difficulty of turning crypto into real money is partially why there's so much crypto sloshing around for "DeFi", wash sales on OpenSea, etc.

Powerful Two-Hander
Mar 10, 2004

Mods please change my name to "Tooter Skeleton" TIA.


Eeyo posted:

ok serious question, how often does $300 million get disappeared from like a hedge fund or bank?

more than you might think but not like "disappeared because the back door was unlocked and some teenagers wandered in and took the giant safe", more like "the bank lent the hedgefund money and the hedgefund bet it all on red, hit black, lost it all and sent the bank a note saying 'im in default now what are you going to do about it?' and the bank went 'oh no, why does this keep happening to us? Oh well, time for more cost cutting in the IT and Risk departments!'"

ultrafilter
Aug 23, 2007

It's okay if you have any questions.


https://twitter.com/kelvinfichter/status/1489041221947375616

Hammerite
Mar 9, 2007

And you don't remember what I said here, either, but it was pompous and stupid.
Jade Ear Joe

https://twitter.com/dril/status/873264183281889281

Khorne
May 1, 2002
the smart contract functions took pointers to functions as inputs and one of these functions was 'verify hash is correct'. the "attacker", if we can even call them that, provided a function that said yes.

Khorne fucked around with this message at 15:07 on Feb 3, 2022

Hammerite
Mar 9, 2007

And you don't remember what I said here, either, but it was pompous and stupid.
Jade Ear Joe

Khorne posted:

the smart contract functions took pointers to functions as inputs and one of these functions was 'verify hash is correct'. the "attacker", if we can even call them that, provided a function that said yes.

lol

Shame Boy
Mar 2, 2010

oh my god

Khorne
May 1, 2002
apparently it's even funnier, there was a commit to a public repo back in october that had the text "version bump" and fixed the issue

it's now february and the fix never went out for "anyone can steal everything". guess it just wasn't a priority for the equivalent of a bank to not lose everything

Khorne fucked around with this message at 15:28 on Feb 3, 2022

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Shame Boy
Mar 2, 2010

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