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Topic: Do we even need bitcoin mixers? - page 2. (Read 1450 times)

full member
Activity: 644
Merit: 202
September 07, 2024, 12:05:29 PM
#88
I personally do not feel the need for mixers or any method of transactions that keeps privacy as I have no particular use for them at least as of now

But if i were to guess, i would say that converting bitcoin to other cryptocurrencies is much tasking than just using a mixer not to mention the price volatility that could affect the amount of bitcoin you are sending or receiving
There is no denying that one of the main benefits of using a Mixer is maintaining better privacy. because with mixer transactions, it will be much harder to trace the original source or destination of funds, so if someone wants to do something bad with our assets, it will be harder to track our financial activities. This can also be very useful for those who are concerned about their financial privacy or who live in countries with strict financial regulations.

But on the other hand, Mixer is also not a good idea and so far I also don't need Mixer because I don't have many bitcoins. The purpose of Mixer is often misused which eventually results in Mixer being banned in several countries, even on this forum, because Mixer is widely used to clean stolen Bitcoins, there are also Mixers that are fraudulent. Mixer is indeed good for maintaining privacy, especially if you have a lot of bitcoins, but so far, Mixer has been widely used for criminal purposes.
legendary
Activity: 994
Merit: 1089
Wheel of Whales 🐳
September 06, 2024, 07:46:00 AM
#87
What about Monero. I tested it.

And I can't remember the outcome.
What about Monero? And what do you mean by you tested it and cannot remember the outcome. You can surely convert your BTC to Monero in a p2p exchange, move it around and send it back into a different p2p exchange, then convert it into BTC and send it in bits to different BTC addresses. It is a good method of privacy when done correctly. I can see the feedback on your profile, so i think you should start making your posts make meaning.
sr. member
Activity: 1579
Merit: 267
September 06, 2024, 07:20:34 AM
#86
What about Monero. I tested it.

And I can't remember the outcome.

Some of it becomes like cult of the dead cow over time and real masquerading kicks in.

My beer will soon be cold. Code language. Interpret at your discretion. Labor control.
legendary
Activity: 3514
Merit: 3585
Crypto Swap Exchange
September 06, 2024, 07:10:49 AM
#85
[banned mixer]   
Mixtum   
Coinomize   
Anonymixer   
Webmixer   
[banned mixer]   
Mixero   
BitMixer.online   
[banned mixer]   
Mixerdream   
[banned mixer]   
Thormixer   
JokerMix   
SwampLizard
It is interesting to see that the mixer ban works differently according to some mixers. Some are not even allowed to be mentioned, they are already wordfiltered, while most of them don't have that. It's ok if the link is automatically removed because it can be part of the promotion, but completely renaming it to [banned mixer] is redundant.
In the context of this discussion, it is not crucial to know all the names, but in the future, maybe theymos could consider this correction.
copper member
Activity: 126
Merit: 6
September 06, 2024, 05:40:57 AM
#84
Now, that the mixers are banned from this forum, I wonder, why do we even need BTC mixers.
A non-KYC exchange solves the mixer problem where Bitcoin and Monero are available too.

You are the same guy who created a thread two years ago asking which method you should pick so the government cannot track you and you don't want to go to the jail. Why didn't you choose those non-KYC exchanges to clean your Bitcoin or send your funds to whoever you want? You yourself decided to use mixers and asked for help. You probably did not know about those non-exchanges, or the process is too long. Yeah, if someone can use privacy coins like Monero or Dash on exchanges and do it multiple times, you don't need mixers. But the Mixers have a good fanbase. We have Telegram does not mean whatsapp is useless.

Interesting. Thanks for bringing this up.
As it was said previously - everybody's choice, really.
But most still would use other alternatives.
hero member
Activity: 462
Merit: 767
Instant cryptocurrency exchange with own reserves!
September 06, 2024, 05:08:15 AM
#83
Now, that the mixers are banned from this forum, I wonder, why do we even need BTC mixers.
A non-KYC exchange solves the mixer problem where Bitcoin and Monero are available too.

You are the same guy who created a thread two years ago asking which method you should pick so the government cannot track you and you don't want to go to the jail. Why didn't you choose those non-KYC exchanges to clean your Bitcoin or send your funds to whoever you want? You yourself decided to use mixers and asked for help. You probably did not know about those non-exchanges, or the process is too long. Yeah, if someone can use privacy coins like Monero or Dash on exchanges and do it multiple times, you don't need mixers. But the Mixers have a good fanbase. We have Telegram does not mean whatsapp is useless.
hero member
Activity: 1218
Merit: 543
fillippone - Winner contest Pizza 2022
September 05, 2024, 09:19:02 AM
#82
by using a btc-btc mixer, your inflow and outflow gets tagged as suspicious and gets on a watchlist.. defeating the purpose of using a mixer
by doing btc xmr btc is still a thing where the btc inflow and btc outflow gets tagged and gets on a watchlist.. defeating the purpose of using a AEC
(purpose being avoid being watched/tagged as needing to be watched)

I like your analogy and it is quite comprehensive to the core!
Your point is crystal clear for everyone to assimilate in their best understanding. The outflow is what create the difference in all mixed coin. Sometimes I keep asking myself on why some neggas choose to mix their coin if they have not hand in fraudulent activities. Come to think of it, I have seen many cases where a mixed coins got frozen immediately it hit the centralized exchange. Due to the previous transactions, it was already tagged by the AML bot( Anti money laundry) without op knowing.  There are so many complications that can arise from mixing a coin and I think every one should be aware of just like you have explained.


Quote
you are more likely to have coins followed by an investigator by simply using a mixer/AEC compared to just spending coins
Many investors have fallen into the trap without cen knowing themselves. Business owners that accept cryptocurrency as one of their payment methods can be a victim of this if caution is not taken. Their are different ways a wallet address can be flagged especially when receiving coins from different tagged addresses. Mixing same coins to prevent future complications can even worsen the case. I think people can always check their addresses to know if they are tagged by the AML bot.

Quote

the funniest part is
when mixer promoters try to tell victims btc is fungible "1btc is equal to 1btc". if the promoter truly believed that then they would not be trying to get people to use mixers nor need to use mixers themselves

however they only say the fungability script, to dupe idiots into thinking its ok to receive criminal coins and victim hands over clean coins

Truth is bitter and like we all know that not everyone is ready to embrace the truth. Your coin is needed to safeguard and reduces the prone susceptibility of scam coins using algorithms they looks complicated to detect the differences in the minted coin from the output.
 From past records, mixers are funded by fraudsters and almost 60% of mixed coins are from fraudulent activities to prevent being traced.

legendary
Activity: 2408
Merit: 1102
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September 05, 2024, 07:52:43 AM
#81
Mixing sites have been promoted on this forum for a long time but I have never used them. I know how they work but I haven't needed to use them. And now mixing platforms have been banned by Theymos due to many illegal activities being done in them. So I'm not encouraged to use the mixer platform. these platforms are useful for those who want to make large transactions secretly but not important for users like me.
It's true that mixer platform is not much needed for us because we haven't mixed anything from mixer platform so far, not sure if we will in future but those who do big transactions can use mixer platform. But if mixer platform is approved in bitcoin forum then it will be a little benefit for us that mixer campaign will be running in this forum so people can work on mixer campaign there and earn money. In past days we have seen mixer campaign forum approval so signature campaign was constantly coming and people could participate in it and earn money. I hope mixer approval in forum.

Just because you don't need mixers, doesn't mean someone else doesn't. Everyone has different needs and purposes for using bitcoin, so there will also be different requirements.

As a small investor and your sole purpose in this market is profit, you don't care about your privacy, then there is nothing wrong with you not needing mixers. But for large investors who do not want to be tracked and want increased privacy, mixers can be seen as a solution to help them do that. Don't try to impose your thoughts on others.


Any business spends money on advertising but if they don't get the results they expect, they won't waste money on those ads anymore. So don't think that if mixer platforms are allowed to advertise on the forum it will only benefit the members, but it will also attract more customers and generate revenue for those platforms.
legendary
Activity: 3122
Merit: 1140
September 04, 2024, 04:38:29 PM
#80
Mixing sites have been promoted on this forum for a long time but I have never used them. I know how they work but I haven't needed to use them. And now mixing platforms have been banned by Theymos due to many illegal activities being done in them. So I'm not encouraged to use the mixer platform. these platforms are useful for those who want to make large transactions secretly but not important for users like me.
It's true that mixer platform is not much needed for us because we haven't mixed anything from mixer platform so far, not sure if we will in future but those who do big transactions can use mixer platform. But if mixer platform is approved in bitcoin forum then it will be a little benefit for us that mixer campaign will be running in this forum so people can work on mixer campaign there and earn money. In past days we have seen mixer campaign forum approval so signature campaign was constantly coming and people could participate in it and earn money. I hope mixer approval in forum.
Are you sure?

How about to consider on how many mixers are currently existing.
If there are existing which does simply means that there's a demand.

[banned mixer]   
Mixtum   
Coinomize   
Anonymixer   
Webmixer   
[banned mixer]   
Mixero   
BitMixer.online   
[banned mixer]   
Mixerdream   
[banned mixer]   
Thormixer   
JokerMix   
SwampLizard

Source: https://bitmixlist.org/
PS: Listed mixer list above is just for mention and not tend to market or affiliated with it.

Do we need it? Depends on you because there are people who do really wants to make use of these services.
They are one by one being shut down and even having those legal dealings that even this forum doesnt allowed on advertising it
because government do knows that usage of these mixers cant really be totally traced up.
sr. member
Activity: 602
Merit: 317
WOLFBET.COM - Exclusive VIP Rewards
September 04, 2024, 05:43:48 AM
#79
Mixing sites have been promoted on this forum for a long time but I have never used them. I know how they work but I haven't needed to use them. And now mixing platforms have been banned by Theymos due to many illegal activities being done in them. So I'm not encouraged to use the mixer platform. these platforms are useful for those who want to make large transactions secretly but not important for users like me.
It's true that mixer platform is not much needed for us because we haven't mixed anything from mixer platform so far, not sure if we will in future but those who do big transactions can use mixer platform. But if mixer platform is approved in bitcoin forum then it will be a little benefit for us that mixer campaign will be running in this forum so people can work on mixer campaign there and earn money. In past days we have seen mixer campaign forum approval so signature campaign was constantly coming and people could participate in it and earn money. I hope mixer approval in forum.
legendary
Activity: 3514
Merit: 3585
Crypto Swap Exchange
September 04, 2024, 05:14:42 AM
#78
I am not in favor of mixers, predicted their demise here, and laughed at the clowns who were defending them for a paycheck. That being said, mixers can’t be replaced with non-KYC exchanges. The thing about non-KYC exchanges is that when they get enough user funds, they turn into KYC exchanges and then steal everyone’s money. If this hasn’t happened to you yet, it will if you keep using them.
What is the alternative?
Any service at some point when it gathers enough users can turn into a scam. What is the suggestion to avoid this scenario?
we assume that p2p cannot be a solution for all cases.
sr. member
Activity: 1610
Merit: 301
*STOP NOWHERE*
September 04, 2024, 04:30:12 AM
#77
Getting weekly fat pay checks from mixers clouded some users judgement. I noticed that too but me being right wasn't going to change anything so I didn't say it too often (I think i did it once or twice at least though) and I didn't have to. It would only upset the people who were carrying the mixer signatures even more.

Those mixing services were centralized and nobody knew what data they were logging. It could be anything. As far as I know none of them were open source even if they were, it still wouldn't make any sense to use them because you still wouldn't know the actual code they were running on their servers. To function, they needed other people's coins so them being open source wouldn't make any difference.

Even the mixers that moved to the altcoin forum, some of them turned out to be a scam and some of them disappeared without any notice. There have been some very obvious red flags with some of these mixers but due to users’ sensitivities it has been a subject that is almost impossible to discuss in good faith. Even the mildest criticism is enough to get people enraged and making accusations against you.
Even governments and banks can go bankrupt or scam you, so it's no surprise that some mixer services are scams. Everything is run by people and for business purposes so anything can happen.

I am not for or against bitcoin mixers but we cannot claim that all are scams or not worth using just because some projects are scams, there are still reputable projects.

But I agree with you, mixer topics are difficult to discuss in a friendly and fair manner, we are vulnerable to attack if we express opposing views to those who are wearing the signature of a mixer signature campaign. That is understandable because their income is generated from there and they would not be comfortable if their source of income was threatened. If we were in their shoes, we would do the same.
sr. member
Activity: 1400
Merit: 268
Enjoy 500% bonus + 70 FS
September 03, 2024, 10:15:45 PM
#76
Due to the fact that they make it possible for people to send huge quantities of Bitcoin very fast and simply, mixers are still necessary in a few ways. During 2020, more than $1.6 billion worth of Bitcoin passed through mixers which shows the role they play. Even though non-KYC exchanges may seem safer, these platforms also carry a lot of danger. Centralized platforms can be hacked or forced into compliance by government, therefore they are prone to hacking and regulatory pressure. For instance, in 2021, Bitmart (a non-KYC exchange) was hacked leading to loss of $150 million. In contrast, there is no single point of failure in mixers.

Moreover, changenow.io claims not needing KYC services; however, this is not always true since suspicious activity could lead them wanting your information at a later date. This way, bitcoin mixers offer you the simplest method to remain anonymous without having to worry about these dangers behind them.
sr. member
Activity: 1680
Merit: 379
Top Crypto Casino
September 03, 2024, 08:59:55 PM
#75
Getting weekly fat pay checks from mixers clouded some users judgement. I noticed that too but me being right wasn't going to change anything so I didn't say it too often (I think i did it once or twice at least though) and I didn't have to. It would only upset the people who were carrying the mixer signatures even more.

Those mixing services were centralized and nobody knew what data they were logging. It could be anything. As far as I know none of them were open source even if they were, it still wouldn't make any sense to use them because you still wouldn't know the actual code they were running on their servers. To function, they needed other people's coins so them being open source wouldn't make any difference.

Even the mixers that moved to the altcoin forum, some of them turned out to be a scam and some of them disappeared without any notice. There have been some very obvious red flags with some of these mixers but due to users’ sensitivities it has been a subject that is almost impossible to discuss in good faith. Even the mildest criticism is enough to get people enraged and making accusations against you.
legendary
Activity: 1792
Merit: 1296
Playbet.io - Crypto Casino and Sportsbook
September 03, 2024, 12:22:58 PM
#74
I am not in favor of mixers, predicted their demise here, and laughed at the clowns who were defending them for a paycheck. That being said, mixers can’t be replaced with non-KYC exchanges. The thing about non-KYC exchanges is that when they get enough user funds, they turn into KYC exchanges and then steal everyone’s money. If this hasn’t happened to you yet, it will if you keep using them.
Well, then what solution can be devised to satisfy the privacy rights of bitcoin users? Mixers were a "good" tool.

Forum users always "defend" various service providers with paycheck, be it mixers or casinos, but one can't but agree that mixers are necessary for the BTC-community. You know, I would not refuse a function offering a choice of "public transactions" and "private transactions" in the BTC-network, so that everyone could choose which to use, although I realize that a publicly accessible blockchain is a "feature" of bitcoin.

There is nothing to discuss about exchanges with KYCs. Nothing can be more harmful for the BTC-community, but these exchanges have already won.
legendary
Activity: 3276
Merit: 2442
September 03, 2024, 10:52:32 AM
#73
I am not in favor of mixers, predicted their demise here, and laughed at the clowns who were defending them for a paycheck. That being said, mixers can’t be replaced with non-KYC exchanges. The thing about non-KYC exchanges is that when they get enough user funds, they turn into KYC exchanges and then steal everyone’s money. If this hasn’t happened to you yet, it will if you keep using them.

Getting weekly fat pay checks from mixers clouded some users judgement. I noticed that too but me being right wasn't going to change anything so I didn't say it too often (I think i did it once or twice at least though) and I didn't have to. It would only upset the people who were carrying the mixer signatures even more.

Those mixing services were centralized and nobody knew what data they were logging. It could be anything. As far as I know none of them were open source even if they were, it still wouldn't make any sense to use them because you still wouldn't know the actual code they were running on their servers. To function, they needed other people's coins so them being open source wouldn't make any difference.

If you need privacy, use monero. Bitcoin mixing services never made any sense to begin with. I guess it is all resolved now. I don't think anybody would argue otherwise because nobody is getting paid by any mixers around here anymore Cool

That said, if you go to shitcointalk forum and keep talking the same stuff, they will pitchfork you. How dare you say that to our employers! Heretic.

-Mixers are fiiinee privacy privacy come and buy some privacy buy 2 and get 1 free privacy I'mma sellin the best privacy special offer-

Now when you think about it, theymos actually improved the forum by banning the mixers as they probably weren’t really providing any real privacy. (At least we had no chance to know it for sure)
donator
Activity: 4760
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Leading Crypto Sports Betting & Casino Platform
September 03, 2024, 10:00:07 AM
#72
I am not in favor of mixers, predicted their demise here, and laughed at the clowns who were defending them for a paycheck. That being said, mixers can’t be replaced with non-KYC exchanges. The thing about non-KYC exchanges is that when they get enough user funds, they turn into KYC exchanges and then steal everyone’s money. If this hasn’t happened to you yet, it will if you keep using them.
member
Activity: 378
Merit: 93
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February 26, 2024, 08:39:15 PM
#71
If everyone uses bitcoin to avoid taxes , what would the country be like without taxes?

It would be a free country.

There are alternatives for people who prefer to keep their privacy intact. The use of Bitcoin mixers is not the only way for a user to stay private. Having said this I think we really don't need Bitcoin mixers. We need ways to provide us privacy but Bitcoin mixers don't have the monopoly of this kind of service. The example given in the OP also provides privacy. CoinJoin also provides privacy in a manner that is legally acceptable. During these times when mixers are perceived negatively, there remains other ways to achieve what one can achieve with mixers.
Between mixers and airgapping a perfectly usable device to act as you wallet, mixing your cryptocurrencies is definitely going to be the more appealing option.

How is mixing a more appealing option than coinjoining?  Mixing sites take custody of your Bitcoins and are trusted with your transaction history, but coinjoins are completely non custodial and do not leak data to any trusted third parties.
sr. member
Activity: 1344
Merit: 459
February 25, 2024, 06:17:46 AM
#70
I can understand, but let's be honest. Do we have the best place to trade crypto without providing your identification documents? There are a few decentralised exchanges, but they are not very popular. So most people have been using centralised exchanges, and funds have been traced. We can simply cut the transaction by doing a P2P trade. It's not necessary to depend on mixers alone. Exchange can trace only where you withdraw, but they don't know actually who owned the address. Just use multiple addresses and cut the transaction history. 
Right now difficult to trade cryptocurrency without providing identification documents except with dapp exchange market such as Uniswap, Pancakeswap and many kinds of dapp exchange. However when using dapp exchange always needed CEX exchange for withdrawing cryptocurrency fund to fiat or cash money trough the bank, use third party but difficult to get which one trusted seller want to buy or cryptocurrency assets and has lower fees transaction such as selling trough P2P on CEX exchange market.

For market exchange easily to trace which one our assets come from, have regulation for all top exchange required identification documents and difficult to get trusted CEX exchange with much volume transaction without required KYC, just small exchange have loer volume transaction and limited amount for withdrawing in daily day.
copper member
Activity: 2394
Merit: 539
DGbet.fun - Crypto Sportsbook
February 25, 2024, 04:47:35 AM
#69
The idea that you gave looks really interesting and easy, but we are forgetting about the conversion fees and the transaction fees. If someone wants his Bitcoins instantly, then definitely he will have to go through a long process, and has to speed up the transaction in order to get his coins. Moreover it’s also very difficult to find a trustworthy non-KYC exchange. As all the reputable exchanges ask for KYC now, hence we have to do again a lot of hardwork. We need to find other good alternatives according to me.
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