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Topic: Bitcoin anonymous? - page 2. (Read 2029 times)

legendary
Activity: 1190
Merit: 1000
no need to carry heavy money bags anymore
August 23, 2014, 08:48:29 AM
#8
hello one question,Is Bitcoin anonymous?


Not itself, depends on how you handle with your address (if you post your name and addy together, anonymity is gone).
Use pseudonyms and new addy for every transaction, that should give you certain level of anonymity.
hero member
Activity: 714
Merit: 503
August 23, 2014, 07:37:38 AM
#7
it is not anonymous as soon as you write your address in some place in the internet that address is not anonymous any more and linked transactions with that address may not be anonymous either
legendary
Activity: 1582
Merit: 1064
August 23, 2014, 07:23:33 AM
#6
Good explanation in the FAQ of bitcoin.org

https://bitcoin.org/en/faq#is-bitcoin-anonymous

Bitcoin is designed to allow its users to send and receive payments with an acceptable level of privacy as well as any other form of money. However, Bitcoin is not anonymous and cannot offer the same level of privacy as cash. The use of Bitcoin leaves extensive public records. Various mechanisms exist to protect users' privacy, and more are in development. However, there is still work to be done before these features are used correctly by most Bitcoin users.

Some concerns have been raised that private transactions could be used for illegal purposes with Bitcoin. However, it is worth noting that Bitcoin will undoubtedly be subjected to similar regulations that are already in place inside existing financial systems. Bitcoin cannot be more anonymous than cash and it is not likely to prevent criminal investigations from being conducted. Additionally, Bitcoin is also designed to prevent a large range of financial crimes.

legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
August 22, 2014, 11:22:46 PM
#5
It is considered pseudo-anonymous. With casual usage, it is not very anonymous at all. Transactions occur between cryptographic addresses and anyone can create any number of these addresses. However, Bitcoin transactions can be traced back to your IP address
Bitcoin transactions cannot be traced back to your IP address. Bitcoin transactions are broadcasted across nodes and only the node's IP address which first relays the transaction is displayed. They can be broadcasted using a shared wallet so the IP address is not accurate. Unless you state your IP address somewhere along with your address, no one can find out about your IP address. Also, if you are paranoid about this, you can always use tor to broadcast your transactions.
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
August 22, 2014, 11:19:25 PM
#4
It can be considered as partially. You do not need verifications to create addresses and use them. You do not have to state your name or expose your private keys when making purchases. However, since all the transactions can be seen on the blockchain, if the address can be linked back to you by sources, people can monitor your activites. Using a new address for each purchase and using a mixing service can easily migrate this kind of risks.
hero member
Activity: 1005
Merit: 500
August 22, 2014, 11:15:20 PM
#3
It is considered pseudo-anonymous. With casual usage, it is not very anonymous at all. Transactions occur between cryptographic addresses and anyone can create any number of these addresses. However, Bitcoin transactions can be traced back to your IP address
newbie
Activity: 28
Merit: 0
August 22, 2014, 11:02:09 PM
#2
No its not
hero member
Activity: 499
Merit: 500
August 22, 2014, 10:48:56 PM
#1
 hello one question,Is Bitcoin anonymous?
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