Author

Topic: Bitcoin question... (Read 735 times)

legendary
Activity: 1596
Merit: 1012
Democracy is vulnerable to a 51% attack.
June 22, 2011, 10:08:58 PM
#4
You can't hide that someone sent you 5BTC from someone who can find your BitCoin address in one of your posts. But they can't tell what you did with it. If they see that 5BTC transfer to another account that's never been in the chain before, they can't tell if that's you spending them, moving them to another account, or what. (And for all they know, that could be you sending yourself 5 BTC.)

Sophisticated forensic analysis of the chain might reveal more. That's to some extent an open question.
newbie
Activity: 2
Merit: 0
June 22, 2011, 09:51:07 PM
#3
Bah.
I don't know why I didn't think of that. :|
member
Activity: 112
Merit: 10
June 22, 2011, 09:48:29 PM
#2
Easy create many different addresses
newbie
Activity: 2
Merit: 0
June 22, 2011, 09:36:34 PM
#1
I've been here for a while, but never really cared much for Bitcoin until now.
I don't get how I can anonymously transfer money if all transactions are public and can be looked up.

If I post my Bitcoin address on a public-anonymous area asking for donations, couldn't someone just search up my address and see my transactions? E.g. if a generous donor wants to send me 5BTC, how could I convert it to USD and still stay anonymous?
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