Anonymous coins... - page 2. | Bitcointalksearch.org

trickyriky

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Quote from: bozo333 on July 03, 2019, 01:35:09 PM

Quote from: LUCKMCFLY on April 01, 2019, 04:50:35 AM

Due to all this demand boom, for many it turns out to be very bad regulations, since it is a way to know who is behind the big money operations, the KYC a problem for those who want to continue operating under anonymity, the solution Are the coins anonymous? The market will take the direction there in the future?

There are some centralised cryptocurrencies who does not asking for KYC verification. If you love to use the anonymous mind always there in the marketplace. Paris Bitcoin and ethereum which is heating top in the price as well as in the enormous factor.

KYC refers mostly to ICOs. It can also be considered as a tool for translating user data into the commercial field. The most common uses for identification information are:
- Resale listings.
- Use data to track users.

As a result, leaving your data once, the user may face the problem of spam. In the attempt to squeeze maximum funds from their project and its gullible investors, the rigid ICOs do not miss the opportunity to monetize absolutely all the information. Thus, it becomes a threat and no anonymity here is observed.

mamesso

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Quote from: D3m1r4wanti on April 02, 2019, 11:20:01 AM

Quote from: pamsugas on April 02, 2019, 10:33:58 AM

all crypto is anonymous
it's just that excange must follow regulations from the government for people registered in the exchange they must fill in the KYC.
but if you have crypto in your personal wallet. no one knows ready to deflect the wallet

how can you say that all crypto currencies are anonymous? please explain to me in more detail, I do not understand why you speak like that?

Anonymous because we do not know who controls demand and controls prices.
we don't even know who traded the coin in exchange.

Febo

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Quote from: Ziskinberg on July 03, 2019, 07:50:55 PM

The government is imposing the KYC on the exchange, you can enjoy using anonymous coin if you don't buy and sell it in an exchange as regulators can surely trace the origins given the history is available to them when the exchange is fully compliant. Exchange value their clients but they value their business more and they cannot afford to violate a mandate from the regulator that would risk their business future.

You seems to dont understand what opaque ledger provide you. When you buy opaque ledger coin and withdraw it to you wallet no one knows how much coins there is on that wallet or where they will go. No one even know if they are still there or not. Well no one beside you. So it does not matter if you KYC on exchange ( well it matters if you are afraid that exchange will abuse your KYC info).

But in general KYC matters for those that uses transparent ledger cryptocurrencies. Since their KYC identity gets linked to those coins that they withdraw from that exchange. And then everyone can see where those coins went. Forever. Even 20 years in future. Lets say you donate those coins to some political party that will be forbidden 20 years form now. You are toasted then!

Ziskinberg

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The government is imposing the KYC on the exchange, you can enjoy using anonymous coin if you don't buy and sell it in an exchange as regulators can surely trace the origins given the history is available to them when the exchange is fully compliant. Exchange value their clients but they value their business more and they cannot afford to violate a mandate from the regulator that would risk their business future.

Febo

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Quote from: LUCKMCFLY on April 01, 2019, 04:50:35 AM

Due to all this demand boom, for many it turns out to be very bad regulations, since it is a way to know who is behind the big money operations, the KYC a problem for those who want to continue operating under anonymity, the solution Are the coins anonymous? The market will take the direction there in the future?

Coins with opaque ledger are just coins. No need to call them anonymous coins. As Aristotle definition from 300 BC money have to be fungible. So they are just crypto urrencies. Coins with transparent ledger liek Bitcoin are transparent ledger cryptocurrencies.

bozo333

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Quote from: LUCKMCFLY on April 01, 2019, 04:50:35 AM

Due to all this demand boom, for many it turns out to be very bad regulations, since it is a way to know who is behind the big money operations, the KYC a problem for those who want to continue operating under anonymity, the solution Are the coins anonymous? The market will take the direction there in the future?

There are some centralised cryptocurrencies who does not asking for KYC verification. If you love to use the anonymous mind always there in the marketplace. Paris Bitcoin and ethereum which is heating top in the price as well as in the enormous factor.

krisnajsadrak

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Quote from: LUCKMCFLY on April 01, 2019, 04:50:35 AM

Due to all this demand boom, for many it turns out to be very bad regulations, since it is a way to know who is behind the big money operations, the KYC a problem for those who want to continue operating under anonymity, the solution Are the coins anonymous? The market will take the direction there in the future?

yes, use anonymous coins to keep our privacy safe is the best idea,
and basicly cryptocurrency created by anonymous guy called satoshi nakamoto is because of privacy
so, anonymous coins is the answer is we want to stay anonymous Wink

shesheboy

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Quote from: Cnut237 on April 18, 2019, 03:18:22 AM

It's a difficult situation. More and more ICOs and exchanges want KYC now, which makes anonymous coins more valuable in theory,

Kyc has nothing to do with anonymous coins . kyc exposes your identity if ever the exchange or the ico that you join will require it but anonymous coins are untraceable after you make a transaction .

Quote from: passwordnow on April 18, 2019, 01:35:57 AM

Bitcoin a known anonymous coin before but after few years of its existence.

After a few year of existence it lost its anonimity ? No meyt . bitcoin is still anonymous but its only partial . anonymous because you dont need to put your name other important details before you can make a transaction , un-anonymous side of bitcoin is when someone traces you by searching your bitcoin address . they have the ability to see your bitcoin balances .

Cnut237

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It's a difficult situation. More and more ICOs and exchanges want KYC now, which makes anonymous coins more valuable in theory, but the problem is that there are fewer and fewer places to exchange them anonymously. I think they will always be around and always serve a purpose, but there is a big effort underway to remove anonymity, it's just an inevitable condition of mass adoption.

passwordnow

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Bitcoin a known anonymous coin before but after few years of its existence.

Quote from: ?? on ??

But the point is: Can we trust the exchanges by providing them KYC, specially if they're based in other country than ours? Are they safe enough for it?

Then don't comply to KYC if you don't trust the exchange and just focused with your local exchange where you can physically visit their office. And if ever a problem caught on with your KYC, you can complain to them directly.

Ucy

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This is a possibility. The idealistic ones will probably move to the anonymous cryptocurrencies. Many cryptocurrencies could end up implementing strong anonymity. But people will have to work anonymously on decentralized platforms to earn anonymous cryptocurrencies and avoid being detected

Umkar

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Anonymous coins can be used and remain anonymous, and for their purchases, you can use OTC exchanges or purchase money from private individuals, there are quite a lot of such services, I have been using some of them for a long time, without passing KYC. In the near future, the fight against anonymous coins can be activated, so it is not entirely clear what will happen in the future.

republicrypto

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Keep it Simple guys :)

Quote from: LUCKMCFLY on April 01, 2019, 04:50:35 AM

Due to all this demand boom, for many it turns out to be very bad regulations, since it is a way to know who is behind the big money operations, the KYC a problem for those who want to continue operating under anonymity, the solution Are the coins anonymous? The market will take the direction there in the future?

well, in my opinion why cryptocurrencies born is because of privacy
so, in the future a privacy or anonymous coins will growing with huge demands of course
regards

hulla

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Quote from: xvids on April 02, 2019, 02:02:16 PM

Quote from: hulla on April 02, 2019, 11:58:16 AM

Quote from: albon on April 02, 2019, 11:22:20 AM

Quote from: pamsugas on April 02, 2019, 10:33:58 AM

all crypto is anonymous
it's just that excange must follow regulations from the government for people registered in the exchange they must fill in the KYC.
but if you have crypto in your personal wallet. no one knows ready to deflect the wallet

In my opinion, they can be private but not all cryptocurrencies are anonymous such as bitcoin becaue anyone can easily see the records of all of the transactions that have ever involved your btc address, KYC contrasts with anonymous coins because they are anonymous coins and have great privacy that focus on secure and anonymous transactions such as Mennero, Zcash, PIVX..ect, but large transaction volume is the only negative in the anonymous coins, But I think KYC is good so that criminals do not benefit from the anonymous coins system.

You're with what you said because all crypto currency are not anonymous and I believe Pamsugas definitely dont know the concept behind most crypto currency. Besides, the last time I checked bitcoin itself was not totally anonymous if you look deeply But I'm really surprise with Pamsugas statement though.

I would agree with Pamsugas here .
If crypto or Bitcoin is so easy to track or know who is behind every wallet then why Satoshi Nakamot is still unknown at the moment?
They would only know who you are if you would submit your info through KYC and only exchange and local wallet does that.
But if you are using a hard ware wallet then it is impossible that they would know who you are.
They could only have the transaction record but not your information.

The KYC issue was also the reason all crypto are not anonymous because most crypto to fiat exchange usually ask their users for KYC and if ones wallet transaction well search the owner will be. Have you ever wonder how the FBI caught the previous illegal crypto transaction user?
Nevertheless, there was a discussion on this forum that Satoshi can be find if Theymos release his PM is .

Cosbycoin

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Quote from: LUCKMCFLY on April 01, 2019, 04:50:35 AM

Due to all this demand boom, for many it turns out to be very bad regulations, since it is a way to know who is behind the big money operations, the KYC a problem for those who want to continue operating under anonymity, the solution Are the coins anonymous? The market will take the direction there in the future?

Well, I haven't seen any coin carrying out any so called KYC process before because that will beat the reason why it was created since crypto was created to be anonymous, but what you should say is that some coin in the crypto market are not fully anonymous because it is possible to trace someones transaction via the blockchain but I think KYC is tired to the exchange and platforms that includes them and not the coin itself.

omonuyak

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Quote from: LUCKMCFLY on April 01, 2019, 04:50:35 AM

Due to all this demand boom, for many it turns out to be very bad regulations, since it is a way to know who is behind the big money operations, the KYC a problem for those who want to continue operating under anonymity, the solution Are the coins anonymous? The market will take the direction there in the future?

The coins are not anonymous but time is going to come that all financial transactions will become anonymous. The developers of most of the altcoins are faces we know and that makes us to find out about their personality but time is coming that we would have trust on blockchain technology that there might not be any need for kyc and others mode of verification.

xvids

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Quote from: hulla on April 02, 2019, 11:58:16 AM

Quote from: albon on April 02, 2019, 11:22:20 AM

Quote from: pamsugas on April 02, 2019, 10:33:58 AM

all crypto is anonymous
it's just that excange must follow regulations from the government for people registered in the exchange they must fill in the KYC.
but if you have crypto in your personal wallet. no one knows ready to deflect the wallet

In my opinion, they can be private but not all cryptocurrencies are anonymous such as bitcoin becaue anyone can easily see the records of all of the transactions that have ever involved your btc address, KYC contrasts with anonymous coins because they are anonymous coins and have great privacy that focus on secure and anonymous transactions such as Mennero, Zcash, PIVX..ect, but large transaction volume is the only negative in the anonymous coins, But I think KYC is good so that criminals do not benefit from the anonymous coins system.

You're with what you said because all crypto currency are not anonymous and I believe Pamsugas definitely dont know the concept behind most crypto currency. Besides, the last time I checked bitcoin itself was not totally anonymous if you look deeply But I'm really surprise with Pamsugas statement though.

I would agree with Pamsugas here .
If crypto or Bitcoin is so easy to track or know who is behind every wallet then why Satoshi Nakamot is still unknown at the moment?
They would only know who you are if you would submit your info through KYC and only exchange and local wallet does that.
But if you are using a hard ware wallet then it is impossible that they would know who you are.
They could only have the transaction record but not your information.

hulla

hero member

Activity: 1834

Merit: 566

Quote from: albon on April 02, 2019, 11:22:20 AM

Quote from: pamsugas on April 02, 2019, 10:33:58 AM

all crypto is anonymous
it's just that excange must follow regulations from the government for people registered in the exchange they must fill in the KYC.
but if you have crypto in your personal wallet. no one knows ready to deflect the wallet

In my opinion, they can be private but not all cryptocurrencies are anonymous such as bitcoin becaue anyone can easily see the records of all of the transactions that have ever involved your btc address, KYC contrasts with anonymous coins because they are anonymous coins and have great privacy that focus on secure and anonymous transactions such as Mennero, Zcash, PIVX..ect, but large transaction volume is the only negative in the anonymous coins, But I think KYC is good so that criminals do not benefit from the anonymous coins system.

You're with what you said because all crypto currency are not anonymous and I believe Pamsugas definitely dont know the concept behind most crypto currency. Besides, the last time I checked bitcoin itself was not totally anonymous if you look deeply But I'm really surprise with Pamsugas statement though.

albon

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Quote from: pamsugas on April 02, 2019, 10:33:58 AM

all crypto is anonymous
it's just that excange must follow regulations from the government for people registered in the exchange they must fill in the KYC.
but if you have crypto in your personal wallet. no one knows ready to deflect the wallet

In my opinion, they can be private but not all cryptocurrencies are anonymous such as bitcoin becaue anyone can easily see the records of all of the transactions that have ever involved your btc address, KYC contrasts with anonymous coins because they are anonymous coins and have great privacy that focus on secure and anonymous transactions such as Mennero, Zcash, PIVX..ect, but large transaction volume is the only negative in the anonymous coins, But I think KYC is good so that criminals do not benefit from the anonymous coins system.

D3m1r4wanti

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Quote from: pamsugas on April 02, 2019, 10:33:58 AM

all crypto is anonymous
it's just that excange must follow regulations from the government for people registered in the exchange they must fill in the KYC.
but if you have crypto in your personal wallet. no one knows ready to deflect the wallet

how can you say that all crypto currencies are anonymous? please explain to me in more detail, I do not understand why you speak like that?

Topic: Anonymous coins... - page 2. (Read 817 times)