Topic: [ANN] ChipMixer.com - Bitcoin mixer / Bitcoin tumbler - mixing reinvented - page 135. (Read 92822 times)

https://chipmixer.com/faq

Well I saw the recent additions to chip mixer and how they fused with gambling. I like the thought of the idea but I am not sure how it worked out. I feel like you guys are sending a message to your customers like “Hey anonymize your bitcoin and then gamble it away” It kind of doesn’t fit with your guy’s entire business idea. But hey, credit where credit is due, and I can see that even though you guys are pretty young, I can see how you guys are not just doing to be doing basic mixing but you guys are offering more functions to your mixing.

The gambling part is optional. And it's just an extra way of anonymizing your Bitcoins. Imagine if you want to mix BTC 0.5, gambled on the website and withdrew BTC 1.0; You sent an amount and received another totally different. That makes your mixing activities a lot more anonymous.

From the ChipMixer FAQ:

Quote

Why should I use bet/donate function?
Betting and donate allows you to change possible output value. Even if blockchain analysis may assume you will receive permutation of chips, they cannot predict how much you've lost / won betting or how much you've donated. As with split / merge, you don't have to use it - existence of this option increases your privacy.

Yeah I get it is totally optional, but I think it was just my personal opinion on gambling that made me have that view, since a while back you were able to gamble with skins or chips on a video game. You would deposit your items in a site and they would give you coins to gamble with. It lead to a lot of younger people to start gambling and kinda ruined the game for me.

I really like the idea though, and I see how it makes it a lot more anonymous. It kinda adds a certain enjoyment to mixing, which is usually a pretty boring process to go through, I might try out the site later this week, and I'll leave a review.

My understanding is that using the betting function can allow you the possibility of gaining bitcoins just like betting on a gambling site so you can mix the coins and take a profit.

The donation option allows the user to voluntarily tip the site for their services. Most people should be willing to pay something for this service but this gives you the choice of how much to pay.

I think both of these functions enhance the site because they allow the customer to make these decisions.

aesma

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You can deposit on chipmixer from several addresses, withdraw partly, create a voucher, come back later, deposit from another address to another address (new chipmixer session), redeem your voucher, split and merge, withdraw, then analyzing the blockchain to find your coins would become totally impossible.

ranlo

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Quote from: buwaytress on July 18, 2017, 03:20:30 AM

Quote from: ranlo on July 18, 2017, 02:12:08 AM

I'm not following how the gambling makes it different though. You're depositing a different amount than withdrawing, sure, but you could just as easily deposit x and withdraw x-y as well (without the risk) and then do the rest later.

I'm not sure if this is very accurate but if I mix X, I would presumably be withdrawing A+n =X-fees-donations.

But if I gamble I would be withdrawing A+n = X+(profit/loss)-fees-donations. It's possible that I could be withdrawing more, or less. but since profit or loss is unknown, it just makes it harder to determine .

At the very least, the gambling scenario adds the possibility that I end up with more than I mixed. An added rule any attempt at detection would be forced to have.

Yeah but I mean doing it like this simply means it's like going to a different site and gambling and then withdrawing. I'm not saying the gambling aspect is a bad one to have (options are always awesome), I just don't see how it really enhances the mixing process itself.

buwaytress

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Quote from: ranlo on July 18, 2017, 02:12:08 AM

I'm not following how the gambling makes it different though. You're depositing a different amount than withdrawing, sure, but you could just as easily deposit x and withdraw x-y as well (without the risk) and then do the rest later.

I'm not sure if this is very accurate but if I mix X, I would presumably be withdrawing A+n =X-fees-donations.

But if I gamble I would be withdrawing A+n = X+(profit/loss)-fees-donations. It's possible that I could be withdrawing more, or less. but since profit or loss is unknown, it just makes it harder to determine .

At the very least, the gambling scenario adds the possibility that I end up with more than I mixed. An added rule any attempt at detection would be forced to have.

ranlo

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Quote from: HeRetiK on July 17, 2017, 06:40:14 PM

Well I saw the recent additions to chip mixer and how they fused with gambling. I like the thought of the idea but I am not sure how it worked out. I feel like you guys are sending a message to your customers like “Hey anonymize your bitcoin and then gamble it away” It kind of doesn’t fit with your guy’s entire business idea. But hey, credit where credit is due, and I can see that even though you guys are pretty young, I can see how you guys are not just doing to be doing basic mixing but you guys are offering more functions to your mixing.

The gambling part is optional. And it's just an extra way of anonymizing your Bitcoins. Imagine if you want to mix BTC 0.5, gambled on the website and withdrew BTC 1.0; You sent an amount and received another totally different. That makes your mixing activities a lot more anonymous.

That's actually pretty clever. I concur that the gambling option may send a mixed message, but as long as it's not detrimental to the core functionality it's a nice add on. Especially if it improves on it.

I'm not following how the gambling makes it different though. You're depositing a different amount than withdrawing, sure, but you could just as easily deposit x and withdraw x-y as well (without the risk) and then do the rest later.

HeRetiK

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Quote from: ChipMixer on July 15, 2017, 02:07:28 PM

Well I saw the recent additions to chip mixer and how they fused with gambling. I like the thought of the idea but I am not sure how it worked out. I feel like you guys are sending a message to your customers like “Hey anonymize your bitcoin and then gamble it away” It kind of doesn’t fit with your guy’s entire business idea. But hey, credit where credit is due, and I can see that even though you guys are pretty young, I can see how you guys are not just doing to be doing basic mixing but you guys are offering more functions to your mixing.

The gambling part is optional. And it's just an extra way of anonymizing your Bitcoins. Imagine if you want to mix BTC 0.5, gambled on the website and withdrew BTC 1.0; You sent an amount and received another totally different. That makes your mixing activities a lot more anonymous.

That's actually pretty clever. I concur that the gambling option may send a mixed message, but as long as it's not detrimental to the core functionality it's a nice add on. Especially if it improves on it.

bussybuddy

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Good luck! Good idea!

Rahar02

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Aug 1 / BIP148 is coming in 15 days. ChipMixer will closed a day before Aug 1 till situation get stable.

What does it mean for you?

If you have withdrawn chips (private keys) - you can spend them any time you want, even when ChipMixer is closed. If hardfork happen, your funds will be spendable on both forks.
If you have unspent voucher(s) - redeem them for private key before or wait till we reopen. Same if you need to mix some coins.

In case of doubt, redeem and sweep before Aug 1.

Does ChipMixer support BIP148/BIP149/Segwit/Segwitx2/others?

No. We focus on privacy and Segwit does not give us anything related to privacy. Hardfork means lack of stability and loss of Bitcoin value.

Thanks for notify us, there's no any transaction should be out there on August 1st obviously as it could stack in limbo or become useless which ended as loss for people who want to try it.
I would like to mix my coins in the near future before August, it will be a good way to export some private keys in case if you don't know how to, and we get more privacy for our bitcoin. I hope tips for chipmixer will be enough and increase during this period of uncertainty regards chain split. I admit, amazing work from chipmixer devs team.

aesma

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Quote from: magneto on July 16, 2017, 10:11:15 PM

Quote from: btcton on July 16, 2017, 08:59:27 PM

Quote from: magneto on July 16, 2017, 07:16:17 PM

Quote from: buwaytress on July 17, 2017, 01:01:53 AM

I just used the mixer for the first time. It all went completely smooth. I do have a question, however: If you choose to sweep the coins with the built-in sweeper in the web page, what are the fees taken out from the chips, if any? I couldn't find any mention of this on the page or the FAQs.

I did not use this option since I did not know what the fees would be. Could I be enlightened?

Fees would simply be the bitcoin network transaction fee. Chipmixer does not actually charge anything, everything is in your hands and in your control because you do have your own private keys. I would assume that Chipmixer calculates the transaction fee by taking a recommended transaction fee per byte from a site like 21.co.

Anyways, this is really not an issue for anyone since if you're not satisfied with the amount of fees chipmixer is paying for your transaction, you can always import the private keys into blockchain.info or another wallet and send the transaction yourself.

Well yeah, I would assume so. The weigh of my questions really lies on whether they pay the fees for the sweeping transactions themselves or if they are taken away from the chip's worth of value. I could see them maybe offering the former as a sort of additional feature of the mixer (potentially by pooling transactions and minimizing transaction fees, albeit it could be revealing of the mixer used). Of course, this is all just icing on the cake and the only reason I ask is because not much information is given on this feature.

I don't really get what you mean by the above reply.

I would assume that mixers aren't used for small transactions. If you have small transactions then you should definitely just send the bitcoins directly, thee would be no point for anyone to use chipmixer for amounts under 0.005 BTC.

Transaction fees make little difference to big chips like 1.024 BTC chips.

Using multiple inputs and outputs might be a threat to privacy, makes it easier to track. Best to keep it individual.

Small is relative in this world. I had the same question as him, although I wasn't going to use that option anyway.

Also keep in mind that chipmixer concept of "chips" has the disadvantage that you end up with your coins on multiple BTC addresses, it can get messy quickly, and expensive if you need all of it on one final address. I used vouchers to mitigate this.

ChipMixer

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https://bitcointalk.org/index.php?topic=1935098

@ChipMixer: are older funds used up first or are they randomly distributed?

Random, as it gives more privacy.

Quote from: magneto on July 16, 2017, 10:11:15 PM

I would assume that mixers aren't used for small transactions. If you have small transactions then you should definitely just send the bitcoins directly, thee would be no point for anyone to use chipmixer for amounts under 0.005 BTC.

Mixers are used for small and large transactions. There is no point to use ChipMixer for amounts under 0.001 BTC.

Quote from: ranlo on July 16, 2017, 09:19:49 PM

what the oldest address was (I saw one that was 4 days old)

About two months old.

Quote from: btcton on July 16, 2017, 08:59:27 PM

The weigh of my questions really lies on whether they pay the fees for the sweeping transactions themselves or if they are taken away from the chip's worth of value.

Sweeping fee is paid from chip.

Quote from: bL4nkcode on July 15, 2017, 06:41:39 PM

Since I didn't use the mixer yet, I would ask if why they gave you 3 private keys, is there any option to do that besides of receiving only 1 private key since you deposited only once?

Try it - it should be obvious after you use it.

buwaytress

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Quote from: ranlo on July 16, 2017, 09:19:49 PM

Those of you that are getting addresses with coins that were already loaded up days ago, curious as to what the oldest address was (I saw one that was 4 days old). That alone is a huge step above other mixers, as it adds even further separation (mixers do so after they get coins, rather than before).

Absolutely right, it's actually one of the features promoted, makes it harder to trace with time obfuscation. What I didn't know was exactly how long before the mix the addresses were loaded until TryNinja's experience and yours (he had an address loaded 5 days old).

@ChipMixer: are older funds used up first or are they randomly distributed?

magneto

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Quote from: btcton on July 16, 2017, 08:59:27 PM

Quote from: magneto on July 16, 2017, 07:16:17 PM

I just used the mixer for the first time. It all went completely smooth. I do have a question, however: If you choose to sweep the coins with the built-in sweeper in the web page, what are the fees taken out from the chips, if any? I couldn't find any mention of this on the page or the FAQs.

I did not use this option since I did not know what the fees would be. Could I be enlightened?

Fees would simply be the bitcoin network transaction fee. Chipmixer does not actually charge anything, everything is in your hands and in your control because you do have your own private keys. I would assume that Chipmixer calculates the transaction fee by taking a recommended transaction fee per byte from a site like 21.co.

Anyways, this is really not an issue for anyone since if you're not satisfied with the amount of fees chipmixer is paying for your transaction, you can always import the private keys into blockchain.info or another wallet and send the transaction yourself.

Well yeah, I would assume so. The weigh of my questions really lies on whether they pay the fees for the sweeping transactions themselves or if they are taken away from the chip's worth of value. I could see them maybe offering the former as a sort of additional feature of the mixer (potentially by pooling transactions and minimizing transaction fees, albeit it could be revealing of the mixer used). Of course, this is all just icing on the cake and the only reason I ask is because not much information is given on this feature.

I don't really get what you mean by the above reply.

I would assume that mixers aren't used for small transactions. If you have small transactions then you should definitely just send the bitcoins directly, thee would be no point for anyone to use chipmixer for amounts under 0.005 BTC.

Transaction fees make little difference to big chips like 1.024 BTC chips.

Using multiple inputs and outputs might be a threat to privacy, makes it easier to track. Best to keep it individual.

cafucafucafu

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Quote from: magneto on July 16, 2017, 07:16:17 PM

Well I saw the recent additions to chip mixer and how they fused with gambling. I like the thought of the idea but I am not sure how it worked out. I feel like you guys are sending a message to your customers like “Hey anonymize your bitcoin and then gamble it away” It kind of doesn’t fit with your guy’s entire business idea. But hey, credit where credit is due, and I can see that even though you guys are pretty young, I can see how you guys are not just doing to be doing basic mixing but you guys are offering more functions to your mixing.

Hey, the gambling part is optional, and adds some fun to mixing, and makes even ore anonymous. You could desposit say 0.05, then buy a bunch of chips and play around with that, and you might end up with say 0.045 or make profit. That makes it even more anonymous, since you deposited an amount and received a different amount back.

ranlo

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Those of you that are getting addresses with coins that were already loaded up days ago, curious as to what the oldest address was (I saw one that was 4 days old). That alone is a huge step above other mixers, as it adds even further separation (mixers do so after they get coins, rather than before).

btcton

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I just used the mixer for the first time. It all went completely smooth. I do have a question, however: If you choose to sweep the coins with the built-in sweeper in the web page, what are the fees taken out from the chips, if any? I couldn't find any mention of this on the page or the FAQs.

I did not use this option since I did not know what the fees would be. Could I be enlightened?

Fees would simply be the bitcoin network transaction fee. Chipmixer does not actually charge anything, everything is in your hands and in your control because you do have your own private keys. I would assume that Chipmixer calculates the transaction fee by taking a recommended transaction fee per byte from a site like 21.co.

Anyways, this is really not an issue for anyone since if you're not satisfied with the amount of fees chipmixer is paying for your transaction, you can always import the private keys into blockchain.info or another wallet and send the transaction yourself.

Well yeah, I would assume so. The weigh of my questions really lies on whether they pay the fees for the sweeping transactions themselves or if they are taken away from the chip's worth of value. I could see them maybe offering the former as a sort of additional feature of the mixer (potentially by pooling transactions and minimizing transaction fees, albeit it could be revealing of the mixer used). Of course, this is all just icing on the cake and the only reason I ask is because not much information is given on this feature.

magneto

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I just used the mixer for the first time. It all went completely smooth. I do have a question, however: If you choose to sweep the coins with the built-in sweeper in the web page, what are the fees taken out from the chips, if any? I couldn't find any mention of this on the page or the FAQs.

I did not use this option since I did not know what the fees would be. Could I be enlightened?

Fees would simply be the bitcoin network transaction fee. Chipmixer does not actually charge anything, everything is in your hands and in your control because you do have your own private keys. I would assume that Chipmixer calculates the transaction fee by taking a recommended transaction fee per byte from a site like 21.co.

Anyways, this is really not an issue for anyone since if you're not satisfied with the amount of fees chipmixer is paying for your transaction, you can always import the private keys into blockchain.info or another wallet and send the transaction yourself.

btcton

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Activity: 1302

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I just used the mixer for the first time. It all went completely smooth. I do have a question, however: If you choose to sweep the coins with the built-in sweeper in the web page, what are the fees taken out from the chips, if any? I couldn't find any mention of this on the page or the FAQs.

I did not use this option since I did not know what the fees would be. Could I be enlightened?

BTCforJoe

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Gambling is up to the user, but I despise when people blame the facilitator for users losing their money... no one is forcing users to gamble, and it isn't a requirement to get your chips out, so why chastise chipmixer for the option? People that take the position that you've taken have usually made mistakes with gambling in the past, as you've claimed. But my response to that? Just don't use the gambling function and you'll be okay. But no need to try and persuade others from using it.

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