Topic: [ANN] ChipMixer.com - Bitcoin mixer / Bitcoin tumbler - mixing reinvented - page 138. (Read 92878 times)

Hi ChipMixer, can you share with us why using a chip mixer is better than using an online exchange lik Coinbase, Xapo, and others?

People that don't use chip mixers may not be aware of the risk that relying on an exchange to anonymize transactions and trails of transaction opens.

Thanks.

As with other mixers and as is the nature of Bitcoin, there's not much that can be proven when you accuse someone of stealing.

For example, if a mixer/wallet/exchange is accused of stealing, no one can prove who actually spent the bitcoin since the only proof would be held by the person stealing and by the original owner, who might be the same person if the accusation is false. How could people know who is being truthful if the result would be the same regardless of whether the original owner spent the bitcoin or if the other party used the private key? It could even just be a hacker who managed to get the private key through other means. So in the end it all just comes down to trust and reputation of ChipMixer.

interesting,  it reminds me of the long mixer service. their site was spoof on google result, the scammers are using google ads to promote their scam site. if this service get popular there's possibility for this site to have some clone sites which created by the scammer, well this can easily scam people if we search on google for cryptomixer or typo on the address.

On the other hand, this site is unique, bring inovation to  the mixing industry, at the first i thought it just another copycat mixing service, but i was wrong, i believe this project will be succesfull.

Good question. Funds from cannot be stolen, unless you know private key. ChipMixer knows the key, you as a customer knows it and nobody else. Let's assume there was a hacker who somehow got the private key too.

How he got it?

Method 1. Eavesdropping

Customer visited http website? No, it redirects to https and you cannot start mixing with http.
Customer visited https and it was eavesdropped? No, https is encrypted, so private key will also be encrypted.
Customer visited .onion website? It is encrypted, so private key is also encrypted.
Customer visited MITM or forged copycat of ChipMixer? Attacker serves his address and does not give you any chips. Why risk that you will sweep them immediately?

Method 2. Hacking the server

Destroying the session deletes chip private key. In this case attacker would sweep hot wallet and active sessions. If for some reason you do not want to sweep everything instantly, there is no reason to sweep single private key of active session. This would only hurt ChipMixer reputation and that decreases your change for large loot.

This shows that single private key cannot be evesdropped, and hacking the server would result with much bigger mess.

Another group - ChipMixer. Stealing single chip hurts reputation. It is not worth to be little dishonest, when you pay much more for ads and sig campaigns.

Last group - Customer. Let's say you sweeped 1.024 BTC chip. You can write a post that somebody else sweeped it and you demand a refund. If you don't get a refund, you've lost nothing. If you get a refund, you've earned 1.024 BTC and nothing stops you from posting more complaints. Which is why ChipMixer will not refund.

This is very much a valid question that I feel should be answered because of the fact that some people might just intentionally want to create
unnecessary scenerio by heating the polity since they interprete that as a weakness and I think a disclaimer should be put to always ensure that you are responsible for whatever happens to your coins afterwards and be advised to transfer to a more secure wallet if need be to avoid all the drama that might likely follow in case such should happen.

In case you missed it, ChipMixer.


@ChipMixer: What do you do if someone claims you have stolen Bitcoin from private key you have given. If it is a small amount, it may not have much impact because of the trust you have. But, what happens if it is a large amount? I hope you have already thought about it and have come up with a solution or is working on one! Good luck! By the way, I have sent you a PM! Please reply! Thanks!

We do not filter by IP. Please use Tor service: ChipMixerwzxtzbw.onion


No, we do not log nor check messages sent to bot. Please use official support channels - email and forum PM.

Are you using OkayFreedom FREE version? If yes, it's probably most likely because of that since free versions are always very slow. I currently can access chipmixer.com on multiple proxies. US, germany, and Chinese proxies.

Well maybe the problem is with the VPN he is using like this guy who also uses the same VPN as him:


This much likely will solve his problem.

Using a VPN should not affect your experience at Chipmixer. Chipmixer is extremely pro-privacy and anonymity and i would assume that they have the same policy with VPNs. After all, they have a TOR mirror as well for anyone wanting to have an additional layer of privacy. I would actually recommend you use VPN AND Tor when using Chipmixer for the best effect because browsing on the clearnet can leave traces to god knows who and mixing your coins become pointless.

However, if the connection is slow then it might be a really painful experience. I can't comment on how fast your VPN is.

On a side note, i'm just wondering if you chat with the telegram bot the Chipmixer team are able to see the messages, right? Also if i message something that is not a command to the telegram bot can i reach Chipmixer support this way.?

Well said. By using private keys instead of doing withdrawals directly Chipmixer is guaranteeing that there will not be any liquidity problems and you don't need to rely on their support team to get your money. It's either scam or legit, there is no in between when you have the private key yourself.

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I know that the idea of having another person access to your private keys is daunting to a lot of people but in reality it is indeed nothing different than if you stored bitcoin on coinbase. In the end, you're going to have to trust Chipmixer to do their job properly, and currently there is no signs that they are a scam as their team seems extremely dedicated to the project and updates are rolling in very quickly.

Sweep the keys if you're uncomfortable.

Will just add to some of the replies here, Im a user too of Okay Freedom and avail of their premium subscription of 1 year, I think about year ago, I noticed that they are having problem to access other sites. Not a big deal to me because I only used it to the purpose of my online game activity which sucks on ping when I connected it directly via local Internet Service Provider.

Even just a simple visit to Facebook and Gmail takes time to load but when you visit other site, it's damn fast plus the video stream. What is the solution I did? Change country and do refresh several times. The effective way to me is I will wait for about 5 minutes then revisit again the site and there goes now the smooth browsing.

I think you can access the site with or without vpn i can access chipmixer without any problem, I'm using Ipvanish as my vpn.
Like the above said chipmixer allowed to use tor browser so i think no strict using vpn or any transparent ip..

I don't think so. They even have an official url to access the website with Tor.
I really don't see why they would deny any user from using a VPN to mix and anonymise their coins knowing that their service is focused on privacy.

Is Chipmixer strict about IP thing? I can't access the web using this.

Currently Im using VPN (OkayFreedom) as part of my alternative method/s to browse the internet when my connection is down or got being slow (a usual happenings here in our country).

Upcoming US law states that at the moment of crossing US border you need to declare cryptocurrencies you own. You don't need to declare at the moment it expires or when you buy them on currency exchange.

Ask him if he keeps his funds on exchanges and for how long. Ask him to imagine an exchange that gives you private keys of funds you have deposited on their service. Is it unsafe for you? Is it more dangerous than normal exchange?

ChipMixer gives you private keys so you can send your funds any time you want to increase your privacy. We don't keep your funds hostage like exchanges.

Let's say you want to create a big scam. Easiest and most popular in cryptocurrency world is ponzi scheme. You create a service that offer is too good to be true. You double/triple/quadruple bitcoins deposited for a day. You sell altcoin for lower price than on other exchanges You want to catch the most users at the same time, so every time you introduce delays for withdrawal. Suddenly withdrawals takes forever, support needs your photo id, wallets are currently offline. Everybody can get in, but nobody can get out. This is a perfect way to make a scam.

What about ChipMixer? ChipMixer cannot delay withdrawals. ChipMixer does not have support that have to accept your withdrawal nor ask you your personal data. You receive private key immediately and nobody knows when will you spend it. You are free to go anytime you want. If ChipMixer would keep private keys and would try to steal a chip, you would have known. With an exchange, you never know if it runs fraction reserve or was hacked.

Thanks for the post on reddit (trolling you just have to accept on reddit!) re avoiding the upcoming US law on crypto declaration. I imagine that there's a variety of ways to circumvent this - not that it's in any way enforceable at the moment.

Query on timelocked multisig: what happens when it expires? Do you then suddenly own and then are legally required to declare? Will you be able to extend expiry?

True. It is definitely not perfectly trustless as someone had to have access to the private keys beforehand. But you can mitigate any risk by just sweeping the private keys as soon as you get them instead of holding onto the private keys。

To answer your friend's query - by using every other mixer you'd have to trust the mixer to deliver the coins to you, and chipmixer is no different. If there is any issue though you can always contact chipmixer support which is in my opinion a lot more responsive than a lot of other bitcoin mixer support teams.

They generate the keys and fund them. Really, the only difference between them in terms of security is that most sites don't even give the pkeys -- they just send the funds to you. This one's giving the added option of just using the pkey directly. Safest method, of course, is to sweep immediately, which would be just like any other mixer.

Why playing dice? Do you mean "gambling" your coins because of the risk of having your private keys stored by ChipMixer?

The best way to avoid this kind of issue would be sweep your new coins after mixing them. Something that in my opinion, almost everybody does. The smartest user wouldn't use this mixer and keep using the address generated by ChipMixer afterwards. That's why I think that many are exaggerating about this situation.

The risk of having your coins stolen by any other mixer is almost the same as with ChipMixer. How many Bitcoins in all private-keys generated by them do you think would be enought to make it worth an exit scam? Do you think someone mixing 10 or 50 Bitcoins would keep their coins in those addresses after mixing?