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Topic: Bitcoin mixing - page 2. (Read 1789 times)

sr. member
Activity: 504
Merit: 250
July 12, 2016, 09:49:58 PM
#7
There's no good reason to use a mixing service. You can get the same results more reliably and with much lower fees by mixing your coins on the altcoin exchanges. Here's how it works:

1) Deposit your bitcoins on the altcoin exchange of your choice
2) Spend those bitcoins to buy the altcoin of your choice
3) Withdraw your newly purchased altcoins and deposite them at a second altcoin exchange that trades that altcoin
4) Use your altcoins to purchase bitcoins, withdraw

That's it, you have now mixed your own bitcoins without having to trust a mixer not to steal your coins. Altcoin exchanges charge about 0.2% trading fees, so this method will cost you about 0.4%, compared to the 1.5-2% the mixers cost. Of course no method will make your coins 100% untraceable, but using exchanges should be enough for any purposes short of ISIS financing or comparably bad stuff. If you want an extra layer of anonymity then you can increase the number of exchanges you use to 3, 4, or however many exchanges you can find. You can use multiple altcoins, etc. etc. It's a very effective method, don't bother with mixers.
An alternative would be to use altcoins altogether for *some* of your transactions. Litecoin is pretty stable and almost exactly follows bitcoin's price movement.
legendary
Activity: 1302
Merit: 1025
July 12, 2016, 08:20:28 PM
#6
Hello all. I would like to ask you on your experience with mixing bitcoins. I found bitmixer.io, but some people say they are not trustworthy see example: https://www.reddit.com/r/Bitcoin/comments/3yklrd/accidentally_sent_btc_to_bitmixer_donation/
So it is OK or not?
There are trused bitcoin mixing service. You could try [banned mixer] if you don't trust bitmixer.
Quote
Anyway, is there any better way to anonymously mix bitcoins and loose connection with bitcoins? And for free or low fees?
 I heard that blockchain offers anonymous service that makes every transaction with new address and makes bitcoins anonymous.
It's not completely anonymous because it still can be tracked.

Quote
can anyone explain me how can "hunters" track it if I send for example: 1 BTC 20 times on different addresses and changing amount and then get them on 1 address. How can the be sure that I am the same person and track me? (Using TOR ofcourse, that will not reveal my IP.)
Ay if you send the coins with wallet1 and you will receive it with wallet2, they will see a link between the two wallets, if then you will send a coin using a mixer, they will not know that the bitcoin came from wallet1. Did you get it?
sr. member
Activity: 336
Merit: 250
July 12, 2016, 08:12:15 PM
#5
Hello all. I would like to ask you on your experience with mixing bitcoins. I found bitmixer.io, but some people say they are not trustworthy see example: https://www.reddit.com/r/Bitcoin/comments/3yklrd/accidentally_sent_btc_to_bitmixer_donation/
So it is OK or not?
 Anyway, is there any better way to anonymously mix bitcoins and loose connection with bitcoins? And for free or low fees?
 I heard that blockchain offers anonymous service that makes every transaction with new address and makes bitcoins anonymous.
I know that bitcoins can be tracked using blockchain but can anyone explain me how can "hunters" track it if I send for example: 1 BTC 20 times on different addresses and changing amount and then get them on 1 address. How can the be sure that I am the same person and track me? (Using TOR ofcourse, that will not reveal my IP.) If they couldnt, then mixers would be useless.
And what if I send 1 BTC to localbitcoins account for example and withdraw it in 1 week later? Localbitcoins addresses have probably big turnover (not only localbitcoins but any other service that has big turnover). How could anyone track me then?
Sorry for long post but can anyone get into the answer and explain it? See you Smiley

If you are into bitcoi mix please be wary not to use BitcoinMix.org and Bitcoin-Mix.com theay are already labelled as a scam site after many users have reported that they lost their bitcoins. Im not sure if there are other bitcoin mix sites out there who are also a scam site. So a this point please be careful where you put your bitcoins. Its better that you use blockchain wallet instead which is more safer.
sr. member
Activity: 392
Merit: 250
July 12, 2016, 07:50:09 PM
#4

Mixiers ok, but you need to trust them and pay for their service. You need to trust them that (1) they dont long anything, (2) they dont run with your bitcoins, (3) you wont end up with "dirtier" bitcoins than your own.

The last point is important. What if, after mixin, you end up with bitcoins used in child pornography. Law enformance are tracking such bitcoin, e.g.:

http://www.bbc.com/news/technology-36734658

They are companies dedicated to tracking bitcoins and de-anonymizing them. You read what they do, maybe will help you to avoid them. Some of them are:

https://www.elliptic.co/
https://www.chainalysis.com/
hero member
Activity: 2996
Merit: 524
Leading Crypto Sports Betting & Casino Platform
July 12, 2016, 07:46:45 PM
#3
the function of bitcoin mixer is to make you anonymous and not traced so they'll not going to reveal your ip address,and bitmixer.io seems trustworthy enough to be your choice as far,or if you don't sure just try another mixer like [banned mixer] they're having interface almost the same,i guess you'll find it easy,and yeah sometimes exchanger could make your bitcoin untraced because they'll mix it to their balance and unite it but if someone just ask to the support maybe they'll show to which account the bitcoin will be stored
sr. member
Activity: 294
Merit: 250
July 12, 2016, 07:30:03 PM
#2
I know that bitcoins can be tracked using blockchain but can anyone explain me how can "hunters" track it if I send for example: 1 BTC 20 times on different addresses and changing amount and then get them on 1 address. How can the be sure that I am the same person and track me? (Using TOR ofcourse, that will not reveal my IP.) If they couldnt, then mixers would be useless.

If you made 20 hops and most of your original Bitcoin ends again in one address, it doesnt help you much. On the other hand, you get different coins from Mixer than you deposited (coins from someone else who deposited), there should be no taint analyse possible anymore from the coins you get from mixer to point to your original Bitcoin address anymore, and your original Bitcoin gets somebody else who deposit to mixer later. But who using mixer and what coins you get? Go figure.


And what if I send 1 BTC to localbitcoins account for example and withdraw it in 1 week later? Localbitcoins addresses have probably big turnover (not only localbitcoins but any other service that has big turnover). How could anyone track me then?

You going to get different coin, so it help. But the service might keep all logs of particular account, like what Bitcoin address used for deposit and what Bitcoin address used for withdrawal. And because when analyzing the blockchain you might figure the Bitcoin was deposited to particular well know service, then a request from authorities to this service to reveal withdrawal address from the logs could help keep tracking your Bitcoin. If you used exchange and converted to altcoin, its the same if the exchange service keeps the logs (and it should, because if some bug happens it needs to be able to reconstruct things from the past).
newbie
Activity: 5
Merit: 0
July 12, 2016, 06:59:32 PM
#1
Hello all. I would like to ask you on your experience with mixing bitcoins. I found bitmixer.io, but some people say they are not trustworthy see example: https://www.reddit.com/r/Bitcoin/comments/3yklrd/accidentally_sent_btc_to_bitmixer_donation/
So it is OK or not?
 Anyway, is there any better way to anonymously mix bitcoins and loose connection with bitcoins? And for free or low fees?
 I heard that blockchain offers anonymous service that makes every transaction with new address and makes bitcoins anonymous.
I know that bitcoins can be tracked using blockchain but can anyone explain me how can "hunters" track it if I send for example: 1 BTC 20 times on different addresses and changing amount and then get them on 1 address. How can the be sure that I am the same person and track me? (Using TOR ofcourse, that will not reveal my IP.) If they couldnt, then mixers would be useless.
And what if I send 1 BTC to localbitcoins account for example and withdraw it in 1 week later? Localbitcoins addresses have probably big turnover (not only localbitcoins but any other service that has big turnover). How could anyone track me then?
Sorry for long post but can anyone get into the answer and explain it? See you Smiley
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