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  • EADD Moderators: Pissed_and_messed | Shinji Ikari

Misc Are darknet markets worth it?

it's not that hard to figure this stuff out anyway, it just takes a bunch of reading you should absolutely be doing anyway because:

1) if you don't you will get scammed/duped/lose money/whatever
2) knowing how this stuff works is immensely useful outside the buying drugs context, if you're not into crypto you're actually missing out on monetary freedom/making passive cash/a real economic zeitgeist/knowledge of things that will become even more prevalent in the future than they already are

if you need a forum to get started, dread is your friend. don't trust any DMs with links.
It's still a wild west but it's different than in the good ole alphabay days. I miss mxe, that really good bomb ass DMT, and GG in general.

FUCK i need to get some proper drugs going on, i've been painfully sober lately (except for some wine with meals which i would honestly do without since it nukes my guts), everything has become too inconvenient lately. It's just a HASSLE. It will probably last for a while i think.
 
kongoman said:
Tech support its a way to facilitate sourcing.
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Perhaps in your case but if someone wants to learn how to trade crypto or use PGP encryption or install and configure a secure operating system there are lots of legimate reasons they might want to do that and how they choose to apply those skills would be down to them.
 
XMR should be the only crypto you ever use for this shit

if you have issues getting it because of some silly kyc regulations you're not trying hard enough and not reading well enough, no government agency, as powerful as they may be, can stop you from installing linux and running software for atomic swaps.
 
GulpingBatteryLiquid said:
XMR is safer but it's a real hassle to get in Bongland
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Aren't you in the UK? It's pretty simple with cake wallet. Best to buy LTC first so you don't have to deal with fees then exchange for XMR in cake. Only takes a minute. if you don't want to use an app you can just use a website like changenow.

Atomic swaps might be worth looking into too I've kind of snoozed on that one.
 
Changenow started requiring KYC and I am currently sans ID

Atomic Swaps aren't much good if I can't even get BTC without ID

I know there are P2P sites where people will swap BTC for cash but I hear scams are quite common on those places

I'll have a look into cake wallet though cheers.
 
Coinbase and Electrum wallets are another option.

I struggle a bit with all the effort required to learn how to use things like this tbh, but even I managed to learn how to use these 2.

Although Coinbase has had to tighten things up of late, probably due to legal requirements, so not sure / can't remember if they need ID.
 
I have personally never had to touch DNNs nor have I ever messed around with crypto, I feel like the chances of getting scammed are just too high but i have no experience in the field so can't say much. Mostly I use local whatsapp/telegram groups or buy in person. I guess if you live in a place where there isn't much available in the area they'd be the only good option.
 
GulpingBatteryLiquid said:
Atomic Swaps aren't much good if I can't even get BTC without ID
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They are though because as soon as it's been exchanged for XMR the crypto is no longer linked to you and transactions from that point onwards can't be traced on the blockchain, but yes you would need ID in the first instance unless you find someone to buy directly off of with cash.

As best I can tell changenow still doesn't require ID to exchange crypto for crypto but I don't have any actual coinage on hand to try myself. As you said you would need ID to exchange fiat for crypto. I thought that had always been the case (or at least from 2020 which is when I started looking into crypto) tbh with the exception of things like local Bitcoin etc.
 
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GulpingBatteryLiquid said:
Changenow started requiring KYC and I am currently sans ID

Atomic Swaps aren't much good if I can't even get BTC without ID

I know there are P2P sites where people will swap BTC for cash but I hear scams are quite common on those places

I'll have a look into cake wallet though cheers.
Click to expand...
vendors on bisq accept bank transactions FYI.

KYC is mostly there for tax purposes though, and it's mostly for SALE of crypto, not buying. It's all anti-laundering shit. Nobody is going to care if you buy BTC or some other altcoin for them to disappear into nowhere. KYC becomes a problem if you want to sell your crypto and don't declare your profit, and even then it only really becomes a problem with whales. They don't really give much of a shit about you buying drugs online (unless you're a dealer), they care about you being a tax cheat because to them all you are is a cog in a machine that generates endless income for them, you being high is not an issue, you being unprofitable to them is.

Just use an exchange and then swap that crypto to something else again. As long as you're not selling back to the KYC exchange, nobody's gonna care. Crypto is far more popular than you think, albeit less than it should.
 
Rukan said:
vendors on bisq accept bank transactions FYI.

KYC is mostly there for tax purposes though, and it's mostly for SALE of crypto, not buying. It's all anti-laundering shit. Nobody is going to care if you buy BTC or some other altcoin for them to disappear into nowhere. KYC becomes a problem if you want to sell your crypto and don't declare your profit, and even then it only really becomes a problem with whales. They don't really give much of a shit about you buying drugs online (unless you're a dealer), they care about you being a tax cheat because to them all you are is a cog in a machine that generates endless income for them, you being high is not an issue, you being unprofitable to them is.

Just use an exchange and then swap that crypto to something else again. As long as you're not selling back to the KYC exchange, nobody's gonna care. Crypto is far more popular than you think, albeit less than it should.
Click to expand...

Sorry but this isn't true, all financial institutions require KYC to be done on customers under the law. It's to stop the funding of organised crime and terrorism etc rather than tax dodging.

Bisq probably gets arounds around the rules by being relatively unknown and being P2P
 
yes, which means if you sell crypto back to the exchange and you don't declare to the tax man how, where and why you got those crypto you sold and how much money you profited, when the exchange reports you to the IRS or equivalent and they don't see a justification for you having that money (IE having bought it on the same or another KYC exchange), then they will be coming for that ass. And if you made 100k out of thin air, you better believe they're going to get you. Buying crypto with legal money is legal. Whatever you do with it afterwards is hardly something they can trace unless it goes back to a KYC. And the state goons aren't as savvy as you think.

So if you just BUY crypto they aren't gonna care as much, unless your volumes are suspicious enough. Even then, if you're not selling them and just HODLing, they have no reason to come after you unless they have rules for reporting crypto ownership in your tax forms like in some EU countries, and even so, unless you have whale amounts they literally don't have the resources to bust every single crypto holder around.
I'm not saying it's a good idea to buy from KYCs in general, but getting a couple hundreds' worth of btc and just fucking them off to your wallet and then to a swap is not as sketchy as you think. The thousands of buyers on the DNMs aren't all exactly practicing proper opsec, which is why now XMR is usually enforced everywhere, since people couldn't stop buying bitcoin with a credit card on coinbase and then sending them directly to a market wallet. Even then, most of the time nothing's gonna happen even if you go full retard like that.

All of this i say from personal experience with the man, by the way. It may be different in your country, but this is the gist of it.
That said: you aren't wrong, caution is good, and using nonKYC is pretty much essential.

Again, you have a lot of options without having to mail cash to someone, and they're all better than getting random crap shoot street shit. Bisq gets away with shit because it runs on your computer through TOR and is decentralized, so they don't have access to anything nor are they a financial entity, so they don't/can't tell anyone any info.
Fuck street dealers though, i'd rather deal with all of this bullshit and the and the endless sifting through vendors than have some idiot moron try and scam me with shit weed/cut drugs/underweight packages after they've been 2 and a half hours late to our rendezvous for them to produce a baggie straight out of their ass crack filled with the most mid drugs you've ever seen in your life.

I envy people with actually good plugs. Or people who live where weed is fucking legal as it should.
 
Yeah I'm in England, maybe it's difference where you are. But from my understanding a large amount of countries have encforced KYC now

Changenow can be hit or miss because some of the vendors they use enforce KYC and some don't, I assume the ones are in countries don't enforce KYC. I believe, but are not totally sure, they still might get in trouble for not enforcing KYC if they operate in England. See how Kraken etc won't exchange XMR for fiat despite being based in America, due to Britains ban on selling XMR for fiat,
 
@Shinji Ikari Do you know much about the process of tracing people's transactions via BTC blockchains?

I mean, I think I heard that it's a difficult and time consuming thing to do, but not sure if that's true.

Maybe they can get AI or other computer software to do it by now, or have specialists that can work it out in minutes? I have no idea.

If it is really easy, then I'll probably have to look into using XMR, which seems to be the crypto currency of choice these days.
 
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