I would not trust these services any of my coins, it is no guarantee that you can get them back.
Mixing services are in a business to make money. They charge high fees and make a whole lot of it (money). If a service has a good reputation, they're not going to ruin it to steal a couple BTC. 
Topic: Bitcoin Mixing - page 2. (Read 1611 times)
What are some legitimate uses for mixing your coins? If you have done this who did you use and was it quick and safe to do?
Your own privacy is the main legitimate use. People use exchanges (though exchanges aren't in love with this unless they charge withdrawal fees), any other service that allows deposit and withdrawal like gambling sites, and there are specific mixing services. If you chain a few of them together through users you created over TOR, that should acheive about the best anonymization that you can get. Thing is, you'll always want to be mindful of what information you're sharing when you spend and which unspent outputs (if more than one) are being combined. When funds sent to more than one address are sent in the same transaction, this typically links those two addresses as having been controlled by the same sender. Coinjoin attempts to weaken that linkage. Basically you can be as anonymous as you want according to the amount of work you want to put into it.
Financial privacy is basically the same thing as trying to be anonymous though you don't have to be as rigorous.
Most of the good mixing services are on the deep web. You'll have to ask around on there to get a good idea.
I think https://bitmixer.io/ is doing that.
What is the point of that action ?
To increase the anonymity. The purpose of Bitcoin is to make payments without revealing your actual identity. However, the public ledger will record all the transactions and if you do something which you do not want anyone to know, there is a chance the coin will be traced back to you. The coins will be mixed by them sending a bunch of coin which have no connection with your previous output, therefore, no one can trace the coin back to you.
I would not trust these services any of my coins, it is no guarantee that you can get them back.
You can use it to mix before using it to buy something online, so that they won't link the BTC address with your name and address.
The legitimate use is for anonymity, though I don't know why people would care that much if they're legit. I personally wouldnt trust most of these sites. It seems like you're just asking for them to take your coins,.
What are some legitimate uses for mixing your coins? If you have done this who did you use and was it quick and safe to do?
Your own privacy is the main legitimate use. People use exchanges (though exchanges aren't in love with this unless they charge withdrawal fees), any other service that allows deposit and withdrawal like gambling sites, and there are specific mixing services. If you chain a few of them together through users you created over TOR, that should acheive about the best anonymization that you can get. Thing is, you'll always want to be mindful of what information you're sharing when you spend and which unspent outputs (if more than one) are being combined. When funds sent to more than one address are sent in the same transaction, this typically links those two addresses as having been controlled by the same sender. Coinjoin attempts to weaken that linkage. Basically you can be as anonymous as you want according to the amount of work you want to put into it.
Financial privacy is basically the same thing as trying to be anonymous though you don't have to be as rigorous.
I've never used mixing services, but thre is a mixer that has signature programs, like bitmixer.io
It deppends about what level of anonimity you want. You can use casinos and exchanges as mixers, but there are withdraw fees and limits, and also they will store your data, so it is not recommended if you want hide from someone with power or from law.
There are some mixers on Tor that the legends say the Dark Web guys use, but I guess most of them are scams.
It deppends about what level of anonimity you want. You can use casinos and exchanges as mixers, but there are withdraw fees and limits, and also they will store your data, so it is not recommended if you want hide from someone with power or from law.
There are some mixers on Tor that the legends say the Dark Web guys use, but I guess most of them are scams.
What is the point of that action ?
If you have done this who did you use and was it quick and safe to do?
I haven't used any of those mixing services.
Instead I send my bitcoin to exchanges and casinos and withdraw the bitcoin some time later.
What are some legitimate uses for mixing your coins? If you have done this who did you use and was it quick and safe to do?
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