forwarding whole email to the list since i think stefan said the privacy was an accident On 12/1/21, Karl <gmkarl@gmail.com> wrote:

Hi Punk, Stefan.

Stefan asked me for off-list cryptocurrency investment advice.

On 12/1/21, Stefan Claas <spam.trap.mailing.lists@gmail.com> wrote:

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Hi Karl,

Mixing would allow one to hide the origin, from where the transaction came from. But what I have seen so far is that the required amount to do so must be relatively high for the average user.

like anything, threat modeling

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My take on cryptocurrency. When Satoshi invented it and did with Hal the first transactions it was revolutionary and could have probably changed

it seemed like just a cool thing for nerds. i was a minor and it let me hold money without a bank account.

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some things, but nowadays I do not like the enormous computing power required and the impact on the environment and no privacy options.

So, if you are an early adopter you have luck and can make some bucks if you have the patience over the years and did know that, well then ok.

But show me in 2021 a way that you, Punk, or me can make some bucks with it (privately) ...

Regards Stefan

I do not like responding privately. I don't know who is considered part of the private group, and who isn't, and would much rather loop in everybody else on the list, or at least some other recent poster[s].

To confirm, I am probably an anti-capitalist (the friendly, peaceful (and insane) kind). I also try to honestly answer questions and requests, and have held cryptocurrency some. I imagine most anti-capitalists as not doing that.

- as far as I am aware most people are judging, cryptocurrencies are still going up exponentially. Holding e.g. BTC or some other big crypto, I would expect most people would still think this would x10 in value within the decade or so, even though it will likely drop significantly before it does that. the plan is clearly still for cryptocurrency to completely replace fiat currency, but it's a tossup whether BTC will be the cryptocurrency to do that.

- some exchanges provide opportunities, this can be lucrative due to low fees and how frequently prices can swing. a simple strategy is to set up many buys at different low prices, and many sells at different high prices, and replace them regularly when they fill. obviously the percentage difference of the closest prices needs to be greater than the exchange fee to profit. the percentage difference is 100 x ((higher sell price) - (lower buy price)) / (higher sell price). here note: of course this would be doubled if there is both a buy and a sell fee to counter you make more money the more volatile the currency is, the more it swings randomly up and down. you still want situations that aren't likely to crash without recovering, as then you can't sell high after buying low and you lose what you put in.

- new altcoins can spike very intensely before they crash. i hear that buying up new coins has enough of a chance of one of the coins spiking, that it is by far worthwhile to just invest a little bit in all of them.

- if you are a coder there is still a ton of room for automated market making, which for some reason has not filled the digital economies yet. same thing if you are into machine transformer models or data processing pipelines.

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On Wed, Dec 1, 2021 at 4:48 PM Karl <gmkarl@gmail.com> wrote:

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On 11/30/21, Stefan Claas <spam.trap.mailing.lists@gmail.com> wrote:

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Bitcoin usage, regarding privacy, could probably be enhanced if people focus on Bitcoin Mixer usage/development in combination with the Nym Network.

But how to exchange then Bitcoin privately to fiat if needed ...

Is mixing different for stablecoins like USDT?

What do you think of cryptocurrency? I always worry that rational voices critical of digital economies have reduced on this list.