Bitcoin Question.. I'm new here - page 2.

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: ArcCsch on January 24, 2017, 11:23:25 PM

Quote from: rk33 on January 24, 2017, 11:09:29 PM

thanks I like to keep my stuff private thats why I ask

If you want to stay private (or even if you don't, for that matter), do not use coinbase or blockchain for your transactions or storage.
They are virtual banks, they give you an account, but don't give you private keys, they control the coins.
They can impose spend limits, freeze your account, or even confiscate your balance.
They also ask for your ID, so you can't be anonymous, and all your transactions are tied to your name.
Use mobile or desktop wallet for transactions (e.g. Electrum, Mycelium), and paper wallets for storage.
If you don't want Big Brother to trace you, use a mix before sending to your wallet.
If you don't have sole and complete control over the private keys, you don't have bitcoin.

I want to make a comment about your post. Coinbase has the reputation of freezing accounts, blockchain.io is more like an HD wallet on the web. You can load your blockchain wallet using Electrum or MultibitHD by inputting your secret seed words as far as I know. The site itself does not control your coins. Please do not lump Coinbase and blockchain.io as the same type of service.

rk33

newbie

Activity: 36

Merit: 0

Quote from: jeraldskie11 on January 24, 2017, 11:58:46 PM

Quote from: rk33 on January 24, 2017, 11:09:29 PM

Hi guys, I read good things about this place so I thought I would join, question.... say I buy bitcoins from Coinbase and send it too my blockchain wallet... can coinbase find out who I sent my bitcoin to once it's in my blockchain wallet. do they have access to that or only access to where I sent it from if its coming from coinbase? thanks I like to keep my stuff private thats why I ask

Do you mean that if you buy a bitcoin from coinbase then send it blockchain. If you send the bitcoin to the other bitcoin address, the sender are no longer access the bitcoin that he sent. Only the receiver can access the bitcoin, control it and manage once he received it.

ya pretty much like im gonna buy off coinbase, send it to my blockchain wallet, then from blockchain send it elsewhere, I know that coinbase can find out where u sent your original bitcoins but can they find out from blockchain and where u send it to what if they looked up the old address

Sundark

hero member

Activity: 560

Merit: 502

Quote from: ArcCsch on January 24, 2017, 11:23:25 PM

If you don't have sole and complete control over the private keys, you don't have bitcoin.

I thought that blockchain.info let you copy your private keys and export it to another wallet. At least that was the case when they were using non-HD framework.
This is not possible anymore with their new HD wallet?

Quote from: rk33 on January 24, 2017, 11:55:21 PM

yobit is a good site? can i deposit in canadian currency using visa if so whats the fee

If you want to trade altcoins better use Poloniex.

jeraldskie11

sr. member

Activity: 1316

Merit: 356

Quote from: rk33 on January 24, 2017, 11:09:29 PM

Hi guys, I read good things about this place so I thought I would join, question.... say I buy bitcoins from Coinbase and send it too my blockchain wallet... can coinbase find out who I sent my bitcoin to once it's in my blockchain wallet. do they have access to that or only access to where I sent it from if its coming from coinbase? thanks I like to keep my stuff private thats why I ask

Do you mean that if you buy a bitcoin from coinbase then send it blockchain. If you send the bitcoin to the other bitcoin address, the sender are no longer access the bitcoin that he sent. Only the receiver can access the bitcoin, control it and manage once he received it.

rk33

newbie

Activity: 36

Merit: 0

Quote from: Xester on January 24, 2017, 11:46:16 PM

There is no problem with somebody knowing whom you sent your bitcoins if you are not doing any illicit activities then you should not be afraid of something. Anyway the person whom you sent your bitcoins will not be known except if somebody knows your bitcoin address and the owner of the address or the receiver. BUt if no one knows that information then nobody can know whom you sent your bitcoins since what will appear on blockchain is the transaction and the bitcoin address only.

yobit is a good site? can i deposit in canadian currency using visa if so whats the fee

Xester

hero member

Activity: 994

Merit: 544

There is no problem with somebody knowing whom you sent your bitcoins if you are not doing any illicit activities then you should not be afraid of something. Anyway the person whom you sent your bitcoins will not be known except if somebody knows your bitcoin address and the owner of the address or the receiver. BUt if no one knows that information then nobody can know whom you sent your bitcoins since what will appear on blockchain is the transaction and the bitcoin address only.

rk33

newbie

Activity: 36

Merit: 0

Quote from: ?? on ??

Quote from: rk33 on January 24, 2017, 11:28:05 PM

Quote from: ?? on ??

Quote from: rk33 on January 24, 2017, 11:09:29 PM

Hi guys, I read good things about this place so I thought I would join, question.... say I buy bitcoins from Coinbase and send it too my blockchain wallet... can coinbase find out who I sent my bitcoin to once it's in my blockchain wallet. do they have access to that or only access to where I sent it from if its coming from coinbase? thanks I like to keep my stuff private thats why I ask

Welcome to the bitcoin world Cheesy

As for your question, coinbase has no connection with blockchain. They are both online wallet provider. Therefore, they cannot trace the bitcoin addresses that you had a transactions with once it came from blockchain already. They will only know the blockchain address where you sent your bitcoin from coinbase.

So to confirm, say right now I deposit on coinbase or Gemini, and I send this to my blockchain wallet.. okay so now I got Bitcoins in my blockchain wallet..if i send that to a different address can gemini or coinbase find out the address that i sent it to? or only they can find out the one from coinbase to blockchain.. thanks

No worries. You are right. Coinbase will have no access to check where you will send your bitcoin once it is already in blockchain walle. They can only find out the one you sent from your coinbase wallet to blockchain wallet. Hope that this will help you. If you still have more questions, don't hesitate to ask. People on this forum are very accommodating Wink

With all due respect how sure are you of this, is there an article or anything I can read, I just live a very private life.

Lion BItcoin Shop

hero member

Activity: 588

Merit: 500

BitcoreService.com

Quote from: ArcCsch on January 24, 2017, 11:23:25 PM

Quote from: rk33 on January 24, 2017, 11:09:29 PM

thanks I like to keep my stuff private thats why I ask

If you want to stay private (or even if you don't, for that matter), do not use coinbase or blockchain for your transactions or storage.
They are virtual banks, they give you an account, but don't give you private keys, they control the coins.
They can impose spend limits, freeze your account, or even confiscate your balance.
They also ask for your ID, so you can't be anonymous, and all your transactions are tied to your name.
Use mobile or desktop wallet for transactions (e.g. Electrum, Mycelium), and paper wallets for storage.
If you don't want Big Brother to trace you, use a mix before sending to your wallet.
If you don't have sole and complete control over the private keys, you don't have bitcoin.

i think tracking who sender bitcoin, and who the receive bitcoin is not easy as you think, im using xapo bitcoin wallet , of course i can't control my bitcoin, but it's not easy to someone track my Tx. the address of bitcoin can't give you more information like ip address, who am i etc.

Roll Eyes

for truly untracable transaction, im recomended to using Zcash shielded transaction no people can trace where you get your zcash and where you send your zcash

rk33

newbie

Activity: 36

Merit: 0

Quote from: ArcCsch on January 24, 2017, 11:23:25 PM

Quote from: rk33 on January 24, 2017, 11:09:29 PM

thanks I like to keep my stuff private thats why I ask

If you want to stay private (or even if you don't, for that matter), do not use coinbase or blockchain for your transactions or storage.
They are virtual banks, they give you an account, but don't give you private keys, they control the coins.
They can impose spend limits, freeze your account, or even confiscate your balance.
They also ask for your ID, so you can't be anonymous, and all your transactions are tied to your name.
Use mobile or desktop wallet for transactions (e.g. Electrum, Mycelium), and paper wallets for storage.
If you don't want Big Brother to trace you, use a mix before sending to your wallet.
If you don't have sole and complete control over the private keys, you don't have bitcoin.

If I send from Electrum or Mycelium can it be traced? and out of the two which is more preferable

rk33

newbie

Activity: 36

Merit: 0

Quote from: ?? on ??

Quote from: rk33 on January 24, 2017, 11:09:29 PM

Hi guys, I read good things about this place so I thought I would join, question.... say I buy bitcoins from Coinbase and send it too my blockchain wallet... can coinbase find out who I sent my bitcoin to once it's in my blockchain wallet. do they have access to that or only access to where I sent it from if its coming from coinbase? thanks I like to keep my stuff private thats why I ask

Welcome to the bitcoin world Cheesy

As for your question, coinbase has no connection with blockchain. They are both online wallet provider. Therefore, they cannot trace the bitcoin addresses that you had a transactions with once it came from blockchain already. They will only know the blockchain address where you sent your bitcoin from coinbase.

So to confirm, say right now I deposit on coinbase or Gemini, and I send this to my blockchain wallet.. okay so now I got Bitcoins in my blockchain wallet..if i send that to a different address can gemini or coinbase find out the address that i sent it to? or only they can find out the one from coinbase to blockchain.. thanks

ArcCsch

full member

Activity: 224

Merit: 117

▲ Portable backup power source for mining.

Quote from: rk33 on January 24, 2017, 11:09:29 PM

thanks I like to keep my stuff private thats why I ask

If you want to stay private (or even if you don't, for that matter), do not use coinbase or blockchain for your transactions or storage.
They are virtual banks, they give you an account, but don't give you private keys, they control the coins.
They can impose spend limits, freeze your account, or even confiscate your balance.
They also ask for your ID, so you can't be anonymous, and all your transactions are tied to your name.
Use mobile or desktop wallet for transactions (e.g. Electrum, Mycelium), and paper wallets for storage.
If you don't want Big Brother to trace you, use a mix before sending to your wallet.
If you don't have sole and complete control over the private keys, you don't have bitcoin.

rk33

newbie

Activity: 36

Merit: 0

Hi guys, I read good things about this place so I thought I would join, question.... say I buy bitcoins from Coinbase and send it too my blockchain wallet... can coinbase find out who I sent my bitcoin to once it's in my blockchain wallet. do they have access to that or only access to where I sent it from if its coming from coinbase? thanks I like to keep my stuff private thats why I ask

Topic: Bitcoin Question.. I'm new here - page 2. (Read 2017 times)