Like paper money and gold before it, bitcoin and ether allow parties to exchange value. Unlike their predecessors, they are digital and decentralized. For the first see bitcoin wallet balance in history, people can exchange value without intermediaries which translates to greater control of funds and lower fees.
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I can’t believe how simple you have made bitcoin. 1, frequently less than 10 cents per transaction. 15,000 per coin, so have the Bitcoin fees per transaction. As a result, several major underground markets that traffic in stolen digital goods are now urging customers to deposit funds in alternative virtual currencies, such as Litecoin. Those who continue to pay for these commodities in Bitcoin not only face far higher fees, but also are held to higher minimum deposit amounts. Deposit fee’ from all users who deposit in Bitcoins.
This is the amount we spent on transferring your funds to our suppliers. To compensate your costs, we are going to reduce our prices, including credit cards for all users and offer you the better bitcoin exchange rate. The amount of the Deposit Fee depends on the load on the Bitcoin network. However, it stays the same regardless of the amount deposited. If the Bitcoin price continues increasing, this business is not going to be profitable for us anymore because all our revenue is going to be spent on the Bitcoin fees. We are no longer in possession of additional funds to improve the store.
We urge you to start using Litecoin as much as possible. Litecoin is a very fast and cheap way of depositing funds into the store. We are not going to charge any additional fees if you deposit Litecoins. On Carder’s Paradise, the current minimum deposit amount is 0. That means that anyone who deposits just the minimum amount into this shop is losing more than 15 percent of their deposit in transaction fees.
Incredibly, the administrators of Carder’s Paradise apparently received so much pushback from crooks using their service that they decided to lower the price of stolen credit cards to make potential buyers feel better about higher transaction fees. What’s fascinating about the spike in Bitcoin transaction fees is that crooks could end up paying five times as much in fees just to purchase the same amount in stolen credit card accounts! This entry was posted on Tuesday, December 26th, 2017 at 9:55 am and is filed under A Little Sunshine, Web Fraud 2. You can follow any comments to this entry through the RSS 2. Additionally one person’s loss is another’s gain.