Topic: Bitcoin Mixing services (Read 351 times)

Quote from: kma.deno on June 09, 2018, 04:13:32 AM

In what service is mixing used [Based on your personal use] or what is the general use of this service?
If we make a vote, what is the proportion of using this service in good and what is the ratio of evil?

I have not used that service in my life and that is why I do not know much that why normal people are using that service. But it is in my mind that those people will use mixing service who will not allowed from their states for the use of bitcoin. They will mix their coins so that their governments cannot trace him from the address to the money to them.

Besides that there are those people using it who have something shady with their coins. They will want to mix bitcoin in address so not identified by anyone.

You forget something. How can a government know who us Bitcoin or not? Unless you receive a bank transfer from an exchange or similar it's the only way they can know. There is no need to trace an address either, who do you want them to know which address belong to who. If you send bitcoins to an exchange (i.e Bitstamp) and then sell your coins. You transfer your money to your bank account then, so here it is. If a bank/government see a transfer in coming from Bitstamp you can not say you don't use Bitcoin.
This is currently how people get their bank account locked by the bank.

pinoyden

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There is no possible way to predict this. Mostly the mixing services are involved in illegal activiteies. Also, all mixers don’t work for illegal purposes.

Mixing service are only a service for mixing coins if ever you wanted to be extra anonymous but mixing service are not created or intended for any other illegal activites.

But for sure criminals including hackers , scammers , etc are already using these kind of service because they are the ones that are really conscious when it comes to privacy and anonymity.however , we can just always use coins like monero and other anonymous coins so that we can save our self from the hassel and other expenses from using a mixing service

VitKoyn

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In what service is mixing used [Based on your personal use] or what is the general use of this service?
If we make a vote, what is the proportion of using this service in good and what is the ratio of evil?

Bitcoin transactions are all public so for people who wants to stay anonymous, they can use those mixing services and unfortunately this is also being used by criminals for them to avoid being traced. But no one can tell you this I think because if you will use this mixing services, you don't provide whether those coins comes from illegal activities or not and as far as I know mixing services don't save any data of transactions. But personally I think that if you are getting involved on illegal activities using cryptocurrency, why would you use Bitcoin that we all know that can possibly traced, if there are cryptocurrency that can be transacted truly anonymously.

Md.salauddin

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Based on this questions there are many things based on btc but there is no way to tell about this based on this only mixing department can suggest that price also based on this I don’t want that people can know about my information’s also so avoid things is better.

milewilda

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Quote from: pinkflower on June 08, 2018, 10:30:03 PM

there is absolutely no way of telling. only a mixing service can tell you that and that is only if they analyze the coins that come to them for mixing and this doesn't sound like something a mixing service should ever do. they shouldn't store any kind of data from their users either.
all we can say is that these services are using by both people who have dirty money and want to hide things and the average Joe who wants to increase their privacy.

Very well said. Theres no such thing of level or evil when it comes to this service yet even mixing services doesnt really tend to know on where those funds came from which same as you said they arent tending to track out any transactions and thats the nature of their business but as an owner we do see the risk behind it. Can we recall on what happened to Bitmixer? They do close out their service no matter which is the reason but there are rumors that it is been connected with illegal things which isnt really a surprising thing.

kma.deno

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There is no possible way to predict this. Mostly the mixing services are involved in illegal activiteies. Also, all mixers don’t work for illegal purposes.

harrypot

newbie

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This mixing can do when you can mixed your coins in illegal way based on this it’s fully illegal to use also this types of things should fully prohibited because of this many people can suffer also based on this illegal issue people should leave this services and should aware of it.

TryNinja

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I know theres no evidence but saying that it makes no sense is wrong because you know tainted coins from the darknet use mixers to hide their trail from the criminal source.

Having that said, other uses for mixers by users who are not criminals would be to hide wealth from the IRS or hide wealth from the wife which is worse than the IRS lol.

So? It still doesn't make sense. You think there are more "evil people" than good people mixing their coins. But who are you to say this? Where are your sources, research and/or data to corroborate with your "analysis"?

Saying that only criminals only use mixers is the same thing as saying that only criminals use Bitcoin. And we know as a fact that this is not true (p.s: an ACTUAL fact): Report: Less Than 1% of Bitcoin Used for Illegal Purposes

And please don't use the "they don't have anything to hide" bs excuse.

pinkflower

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Quote from: richardsNY on June 08, 2018, 03:19:52 PM

Quote from: pinkflower on June 08, 2018, 12:17:59 AM

Ratio of good and evil would be inclined more to the evil lol.

It makes no sense to say something like that when you have zero evidence to back up your words. Yes, there is some criminal use when it comes to mixers, but it's not important and doesn't scare off anyone in need of privacy. The chances are higher that an exchange as Yobit lets you withdraw coins with criminal taint than any Bitcoin mixer in this market. Yobit doesn't care about regulations, doesn't care about KYC/AML, etc. That freedom allows anyone to abuse that exchange at will. There is so much shady activity going on there, that anyone withdrawing coins from Yobit frequently has had tainted coins in its wallet at least once.

I know theres no evidence but saying that it makes no sense is wrong because you know tainted coins from the darknet use mixers to hide their trail from the criminal source.

Having that said, other uses for mixers by users who are not criminals would be to hide wealth from the IRS or hide wealth from the wife which is worse than the IRS lol.

lyla rose

newbie

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It is very tough to tell how the mixing service works. They deal with it in their own way analyzing the coins. And about if it is good or bad that totally depend on the perspective of individual. It can different for each person.

Superzpay

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Quote from: pinkflower on June 08, 2018, 12:17:59 AM

In what service is mixing used [Based on your personal use] or what is the general use of this service?
If we make a vote, what is the proportion of using this service in good and what is the ratio of evil?

I have not used that service in my life and that is why I do not know much that why normal people are using that service. But it is in my mind that those people will use mixing service who will not allowed from their states for the use of bitcoin. They will mix their coins so that their governments cannot trace him from the address to the money to them.

Besides that there are those people using it who have something shady with their coins. They will want to mix bitcoin in address so not identified by anyone.

richardsNY

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Ratio of good and evil would be inclined more to the evil lol.

It makes no sense to say something like that when you have zero evidence to back up your words. Yes, there is some criminal use when it comes to mixers, but it's not important and doesn't scare off anyone in need of privacy. The chances are higher that an exchange as Yobit lets you withdraw coins with criminal taint than any Bitcoin mixer in this market. Yobit doesn't care about regulations, doesn't care about KYC/AML, etc. That freedom allows anyone to abuse that exchange at will. There is so much shady activity going on there, that anyone withdrawing coins from Yobit frequently has had tainted coins in its wallet at least once.

buwaytress

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I'm not sure I'd agree that "probably" most mixing is for "evil" purposes. We know already that at least since 2016, Bitcoin's use for illicit purposes was scarcely significant. Two years later, in 2018, we have further evidence from the likes of Elliptic (blockchain analytics firm) and even academia that show Bitcoin use for illegal purposes is growing even smaller, far less than 1%, and there is some decent effort to look into mixers, (oh yes, blockchain forensics can still dig up the dirt from mixed coins) and some initial findings that it is also not as "evil" as presumed.

I've used mixers before and will continue to mix them. But hardly for any other purpose than privacy. Same reason I will start calling up companies to remove my personal data once thanks to GDPR.

Koro-Sensei

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Based on the feedbacks Mixing bitcoins is not evil however it depends on the users god knows what you're doing with your money and that is not our concern wether it's good or bad as long as it doesn't hurt or affect people too much. Mixers provides more secure way for transactions to go smoothly and the privacy of the users kept intact along the way. This service is either bad or good it's your choice. In your own perspective what will you choose?.

pinkflower

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Quote from: Husires on June 07, 2018, 06:03:24 PM

In what service is mixing used [Based on your personal use] or what is the general use of this service?
If we make a vote, what is the proportion of using this service in good and what is the ratio of evil?

General use would be for privacy. Ratio of good and evil would be inclined more to the evil lol. The general community's attitude towards privacy would usually be low priority because they dont have anything to hide.

But ICO scammers, money launderers or the regular pedophiles in the darknet would always try to protect their privacy.

mk4

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Quote from: mk4 on June 07, 2018, 01:25:13 PM

Your question has been clearly answered by multiple people here in this thread. Is there anything else you want answered specifically?

I have been asked to do a legal research on the Bitcoin so I want to hear some personal opinions.
I tried to find an evaluation or a percentage of those who use these mixers, but I did not see anything.

Well it's pretty difficult to have an idea on the percentage of people using mixers unless these top mixers would make their data statistics public(which I'm quite sure they won't).

Husires

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Quote from: mk4 on June 07, 2018, 01:25:13 PM

Your question has been clearly answered by multiple people here in this thread. Is there anything else you want answered specifically?

I have been asked to do a legal research on the Bitcoin so I want to hear some personal opinions.
I tried to find an evaluation or a percentage of those who use these mixers, but I did not see anything.

Quote from: bitart on June 07, 2018, 04:53:32 PM

like monero, etc... instead of bitcoin, so it's possible that mixers has less coins from criminals than you think at first glance...

Good Point.

bitart

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Quote from: BitcoinNewbie15 on June 07, 2018, 01:46:04 PM

...
If a criminal wants to use something for bad, they will find a way. E.g cars, internet, guns, mixers, Bitcoin, cell phones, etc. I would say actually there are more people using mixers for legal reasons than we think.

Criminals would prefer using cash if they can meet somehow in person, so bitcoin can be helpful only in a situation where the parties are far away. But I guess criminals (who want to use a crypto to transfer money) would prefer the real private coins like monero, etc... instead of bitcoin, so it's possible that mixers has less coins from criminals than you think at first glance...

BitcoinNewbie15

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Quote from: Husires on June 07, 2018, 12:55:05 PM

Quote from: mk4 on June 07, 2018, 12:11:39 AM

As for the ratio of evil to good,

So you are promoting an evil service.

Cut

Quote from: Husires on June 07, 2018, 12:55:05 PM

Cut

My question was curious because most of the ads here are about mixing services. Chipmixer/Bestmixer

Mixers are not "evil", not in the slightest. Sure criminals can use mixers for bad if they would like, but isn't that true for literally everything that's ever existed? If a criminal wants to use something for bad, they will find a way. E.g cars, internet, guns, mixers, Bitcoin, cell phones, etc. I would say actually there are more people using mixers for legal reasons than we think.

mk4

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Quote from: mk4 on June 07, 2018, 12:11:39 AM

As for the ratio of evil to good,

So you are promoting an evil service.

Cut

Quote from: Husires on June 07, 2018, 12:55:05 PM

Cut

My question was curious because most of the ads here are about mixing services. Chipmixer/Bestmixer

Yes. Bitcoin mixing services do advertise here on bitcointalk through ads and through signature campaigns, since this is a bitcoin forum hence they might get more users through advertising here. Your question has been clearly answered by multiple people here in this thread. Is there anything else you want answered specifically?

stompix

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As for the ratio of evil to good,

So you are promoting an evil service.

Oh no!!!! Don't even start the debate "who kills people, guns or criminals"?
In the first place, all those used bitcoin before that so by being a bitcoin user yourself (I guess!!!) you also are involved in an evil project Wink

/removing the tinfoil hat

I've already said it, that ratio is so (in my opinion and I could be totally wrong on it) because of the average Joe is not that concerned yet!!! with privacy. Once people care more about it and they realize the tracks they leave out in the open for anybody to start doxing them, mixing your coins will be a routine Wink

Husires

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Quote from: mk4 on June 07, 2018, 12:11:39 AM

As for the ratio of evil to good,

So you are promoting an evil service.

Cut

Cut

My question was curious because most of the ads here are about mixing services. Chipmixer/Bestmixer

stompix

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