Are we excited yet?

https://www.boards.ie/discussion/comment/118721261#Comment_118721261

Yes it is possible. A company like this could do it for you https://www.chainalysis.com/

Donald Trump

https://www.boards.ie/discussion/comment/118723442#Comment_118723442

There wouldn't even be an entry to the blockchain until they were transferred from the exchange's wallet to your wallet - no? The tokens can start and end in the exchange's wallet? The exchange can keep them there and just know that $10m of the ones it held for partyjungle now belong to Donald Trump.

Even when transferred on to your own wallet, chain analysis can do very little for a brand new wallet that has never been transferred into or out of except for that one-off transaction. All anyone could see is X BTC going to wallet address abc1234.....xyz.

https://www.boards.ie/discussion/comment/118723494#Comment_118723494

I was presuming each wallet on an exchange was an actual wallet with keys since those wallets do have btc addresses. Any transfer from two different btc addresses should appear on the blockchain. I could be mistaken and they somehow partition a giant wallet owned by the exchange. I doubt this though as how would you have a unique btc address.

Not sure what you're point is in the second paragraph.

HGVRHKYY

https://www.boards.ie/discussion/comment/118722779#Comment_118722779

Yeah on one hand, I want to see Russia's economy devastated and the state sent into complete isolation as a result of this. On the other, I've spoke with many Russians who hate Putin more than anyone, and realise that it's extremely difficult to even just successfully protest there, and something like this would cause huge harm for many innocent people who just happened to unfortunately be born in Russia and unable to escape. But Putin has a challenge on his hands to balance his troops, we can see that he's forced to maintain troops at the NATO borders, while trying to escalate things in Ukraine since it's embarrassing how badly they've done in ways so far, all while maintaining the subordination of his population at home with the threat of violent arrests and jail time. I do hope that the increasing desperation all of this will cause amongst the population will result in many of them cooperating and successfully mobilising, because all that needs to happen is multiple huge protests/riots with serious aggression towards the police/state and Putin would be forced to allocate military onto that to get it under control - by that point, more and more people will be questioning everything, finally.

Putin's pride is pathetically fragile so he can't stand being seen the way he currently is, would love to actually know what he's really thinking about everything.

wotzgoingon

https://www.boards.ie/discussion/comment/118723561#Comment_118723561

I don't get the hate for Russia. What are they doing any different than say for one example what Israel do to Palestine. America are engrained in some peoples mind as the good guys which they are very far from. While Russia are seen as the bad guys. I don't wish war on anybody but what Russia are doing there is no different to other countries.

Donald Trump

https://www.boards.ie/discussion/comment/118723534#Comment_118723534

Re second point: Chainanalysis works by looking at patterns and flows between different wallets. Using those flows, they can statistically build up pictures of a wallet (address) owner. If there is only one transaction into a wallet, there is not much you can do with that information. There is no way that you can figure out anything about that wallet. Now if it later starts spending, then you can possibly use that information to build up a picture of it's owner. But not on a single deposit into that new wallet that is never touched.

Someone else can clarify how the exchanges work. Maybe some work differently but I'd imagine that plenty work as middle men where you send your BTC to their wallet, and then they just slosh it around internally and (you hope) let you transfer yours back out when you request it. You run the risk of them running off with your bitcoin of course, but hasn't that happened many times in the past? Who was the 30-something fella who went to India and allegedly shat himself to death with a couple of hundred million apparently in his company's wallet.

HGVRHKYY

https://www.boards.ie/discussion/comment/118723631#Comment_118723631

You're saying this as if everyone is okay with Israel and US' invasions/takeovers. There's no denying both are responsible for atrocities. You also definitely do get the hate for Russia, you're comparing them with other countries which have committed violence on massive scales - are you seriously this thick to say you 'don't get it'?

"I don't get the hate for Russia. What they're doing is no different than what Britain did to Ireland" is basically the same logic

https://www.boards.ie/discussion/comment/118723631#Comment_118723631

This, right here, is pure and unadulterated whataboutism

Potatoeman

https://www.boards.ie/discussion/comment/118723645#Comment_118723645

There are companies that specialise in it. It’s the on and off ramps that they can catch.

Donald Trump

https://www.boards.ie/discussion/comment/118724418#Comment_118724418

You're mixing up different things.

Your off ramps are caught because of information in traditional banking. Your blockchain is only used to track the flow of tokens and to cluster wallets etc to identify likely owners. If you see a new wallet with 100m BTC in it today, you will only see the wallet it came from. You would need information from the exchange. If it goes to a wallet that was used many times before, then they can potentially identify an owner, but not for a new one.

If money is transferred to a new wallet from other clusters, they can potentially identify it as being part of that cluster too. Again not relevant for buying new tokens. That is more relevant for tracking individual tokens (eg stolen ones)

Markus Antonius

https://www.boards.ie/discussion/comment/118722779#Comment_118722779

Russia's domestic economy may be smaller than Italy but it's international economy (GDI) is massive (one fifth the size of the US) - so it is a very big deal especially given their heightened exposure to the sanctions

AlmightyCushion

https://www.boards.ie/discussion/comment/118724713#Comment_118724713

GNI is a measure of the domestic economy and Russia's GNI is a fraction of Italy's. GDP is a measure of a country's economy and Russia and Italy have the same GDP. What is GDI?

Dohnjoe

https://www.boards.ie/discussion/comment/118724713#Comment_118724713

What is GDI?

cnocbui

https://www.boards.ie/discussion/comment/118723631#Comment_118723631

Putin has a list of 2 million people in Ukraine that are going to be rounded up and exterminated, there are reports that in areas they already have control over they are already going door to door and starting on their cleaning of Ukrainness out of Ukraine - the entirety of it's civil society. You are asking what's wrong with Hitler or Stalin or what they did? Ukraine is not the end or last of it, which is why he is threatening other countries from joining NATO - which is a self defence pact. Ukraine is first on a hit list.

Markus Antonius

https://www.boards.ie/discussion/comment/118724769#Comment_118724769

I meant GNI, which is international not just domestic and Russia's is 60% higher than Italy's and was around the same as Germanys before the sanctions hit

https://www.boards.ie/discussion/comment/118724913#Comment_118724913

Global Defence Initiative, from Command and Conquer?

We could do with some of that right now...

AlmightyCushion

https://www.boards.ie/discussion/comment/118725118#Comment_118725118

https://www.macrotrends.net/countries/ranking/gni-gross-national-income

Russia is still less than Italy and less than a tenth of the US and less than half of Germany's. Latest figures there are from 2018.

Markus Antonius

https://www.boards.ie/discussion/comment/118725388#Comment_118725388

This differs from the figures google gives:

I think anything will be outdated at this stage with all the sanctions.

AlmightyCushion

https://www.boards.ie/discussion/comment/118726417#Comment_118726417

Your figure are adjusted for PPP which is purchasing power parity. Basically, a dollar in Russia gets you more than a dollar in Italy so it takes that in to consideration.

FFVII

US/Nato poked Russia,now Ukraine is getting the stick....no?

Or, Ukraine terrified of Russia and wanted to join a club for protection.

But all this is good for bitcoin!!

https://www.boards.ie/discussion/comment/118727808#Comment_118727808

No, no-one poked Russia. Pure propaganda bull.

No-one poked Russia when they stole South Ossetia. They were not poked when they stole Crimea, and no one was at them when they decided to invade a sovereign country

Anybody farming on osmosis? It's doing very well https://defillama.com/chain/Osmosis

HGVRHKYY

https://www.boards.ie/discussion/comment/118727808#Comment_118727808

Would you say Finland wanting to join NATO would be poking Russia?

FFVII

https://www.boards.ie/discussion/comment/118728918#Comment_118728918

theirs a new book out covering it all and that's the jist of it. Putin has few videos on youtube going back years saying he was getting sick of Nato/US knocking on his door. It'd be like him going over and sticking a base in Mexico. How would that go down?

HGVRHKYY

https://www.boards.ie/discussion/comment/118729123#Comment_118729123

The main point is that Ukraine is a sovereign nation, they're perfectly free to join whatever union they like. Nobody was forcing them into wanting to join NATO, but they just so happened to want to, out of fear towards Russia; fears which have proven to be completely warranted, clearly. If someone said Finland is joining NATO, anyone who brings up this **** about Ukraine is completely hypocritical if they don't take the same issue towards Finland

One of the countries considered a world superpower neighbouring to their east, with the largest arsenal of nukes in the world, and that country has historical frictions towards them and displayed direct aggression towards nearby countries over the past couple of decades, yet people are speaking as if Ukraine wanting to join NATO is somehow a provocation towards Russia. Baffling!

deadduck

https://www.boards.ie/discussion/comment/118729123#Comment_118729123

Although of course America would lose their **** over that, Mexico have no real legitimate fears of a possible American invasion (America has a lot to answer for/explain/justify, but a potential invasion of Mexico is not on the list!).

As is being shown, and was with the Crimean invasion too, Ukraine were 100% correct to fear a Russian invasion. It’s the same reason Latvia, Estonia, etc joined NATO, and it’s the reason Putin has invaded Ukraine, and not one of those smaller countries, despite what he might say in his bullshit speeches

iColdFusion

Its no coincidence that the countries with the closest ties to Russia via the former Soviet Union were also the ones most eager to join NATO, its almost as if they didn't enjoy being subjugated under the iron fist of oppression!

The only thing you need to know about the current conflict is that Ukraine was just starting to exploit significant oil and gas reserves off the coast of Crimea when Russia invaded in 2014 and took the lot, Ukraine would be in a far stronger position now financially, militarily and with closer ties to Europe & NATO if that hadn't happened and Putin knew this.

https://www.forbes.com/sites/arielcohen/2019/02/28/as-russia-closes-in-on-crimeas-energy-resources-what-is-next-for-ukraine/

SummerK

Lads coming back to the topic- Is it a good time for DCA'ing into BTC & ETH?

This is a great time for bitcoin