Can I call this the "right way of mixing"? - page 2.

Finestream

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Quote from: 2double0 on August 30, 2020, 04:54:38 PM

If I cut that exchange part, where is my identity revealed? And if I'm anonymous during this process, shouldn't I call this a way of mixing?

Your identity will not be revealed as you don't make any KYC on gambling sites.

The address can be monitored, but not you, it's only revealed the moment you will exchange your bitcoin to an exchange as its easy to determine your name and the source of the bitcoin you are transferring from.We can call this mixing but it's useless if you will not sell your bitcoin to an exchange where your identity will be revealed.

So if you are asking if, would the authorities know I'm gambling?

Yes, because they can track the wallet of a gambling site whether regulated or not.

Yogee

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It's not the right way but maybe you can call it as "improvised mixing"?
Online casinos and exchanges are not bitcoin mixers.
What you are doing is "hopping" like Darker45 said.
The more hops you do, the more obfuscated your transaction becomes but, as bitmover said, casinos and exchanges still keeps records of your accounts.

I don't understand why would anyone would go to such lengths when they can just use mixers or coinjoins.

Little Mouse

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Quote from: Darker45 on August 30, 2020, 10:37:03 PM

A few transactions of this kind may not necessarily reveal your identity but since all these are actually linked together, there might be a point where your identity is recognized.

Whereas, in using a mixer, the BTC you send from one of your addresses is not the BTC that arrives to where you would want it to be sent.

It's same in case of a casino too. Almost all of the centralize services like exchange, casino etc are kind of mixers. Imagine, you sent BTC from address A, you can 100% be sure that when you make withdrawal, you will never get the input of your deposit address. So, yeah, we can call this kind of mixing.
There's a problem though. I'm sure you don't use TOR or VPN to visit the casino and it can easily get your footprint I think.

bitmover

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Quote from: 2double0 on August 30, 2020, 04:54:38 PM

So how can this be mixing?

Well, I get a new address every time I send coins to my casino account. Next, I send those coins from casino to my personal wallet but the one that I create every time I need a withdrawal or else, I just send them to the exchange where I sell them. If I cut that exchange part, where is my identity revealed? And if I'm anonymous during this process, shouldn't I call this a way of mixing?

No this is not mixing.

Casinos wallets are well known. Casino owners may be obligated to give information to whom those transactions came from or went to. They have your IP and email.

you can be tracked by this method.

Darker45

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I don't consider this mixing. There was no mixing, in the first place. All the wallets involved are your own. The addresses where the Bitcoin came from and the addresses where the Bitcoin is going are all addresses of your own wallets. There was no mixing, therefore. They're just hopping from one of your addresses to another.

A few transactions of this kind may not necessarily reveal your identity but since all these are actually linked together, there might be a point where your identity is recognized.

Whereas, in using a mixer, the BTC you send from one of your addresses is not the BTC that arrives to where you would want it to be sent.

sheenshane

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It can be yes, but I have doubt that it can be traced if someone will investigate. I suggest also to read the TOS before you will be doing this, it might you have a problem upon withdrawal from the gambling site you've chosen.

The right way of mixing? Nope, this isn't the right way of mixing aside from the real mixer service. Because your Bitcoin tumbled so many times.
Anyway, there is a related thread about this long time ago, [SOLVED] Can Gamble Sites Used as Bitcoin Mixers? OP marked solved the thread and probably OP was satisfied by the answer.

2double0

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I have been sending my coins to some gambling websites and casinos which, at the moment, do not have my KYC and I think they won't ask for that in the future as my coin sizes and winnings are not so big.

So, what do I do?

I send them to a gambling site of my choice, play there and keep my coins there for some time, then withdraw them to another address which is fresh and new but on a different wallet that was newly created.

So how can this be mixing?

Well, I get a new address every time I send coins to my casino account. Next, I send those coins from casino to my personal wallet but the one that I create every time I need a withdrawal or else, I just send them to the exchange where I sell them. If I cut that exchange part, where is my identity revealed? And if I'm anonymous during this process, shouldn't I call this a way of mixing?

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