Topic: Does Bitcoin Mixing Still Work To Make Your Crypto Anonymous? (Article) (Read 88 times)

I am not interested in your article because you posted the wrong answer. Juts make sure that you are doing nothing wrong and if you are not a criminal, you will make use of mixers and enjoy it. But what I noticed recently is that as this forum stopped advertising mixers, the businesses have really gone down.

Also know that conjoin are mixers. They are decentralized means of mixing coins. This is a better means to mix bitcoin.

For the forum purpose I don't think having a discussion that relates with mixers is appropriate since the beginning of this year 2024 discussion of mixers or promoting mixers has been put to ban over here, and anyone who talks or share link about mixer will be ban. I don't know if this rule is still effective or maybe I am the one misunderstanding the whole thing, apparently discussions that relate with mixers can be discussed in the other forum and not here.

With how sophisticated blockchain analysis has become, such basic techniques don’t work. Chain analysis might not be an exact science, but it can be highly accurate when dealing with such rudimentary and unsophisticated methods of mixing.

Your article suggests swapping to Monero and back to BTC, but this is also very basic and chain analysis has several data points that can be used to unmix your transactions.

Coinjoins are still very effective but your level of privacy will depend on the amount of collaborators you are participating with and on user’s post-mix behavior.

It was once a popular method to obscure the origins of crypto transactions. While it worked for a time, the increasing sophistication of blockchain analysis tools and regulatory scrutiny have made it much less effective. The rise of these advanced tracking techniques means that even mixed coins can sometimes be traced back to their origins.

There are still legitimate reasons for wanting to maintain privacy in your transactions, like protecting personal financial data. However, it's crucial to stay informed about the evolving landscape of crypto security and privacy.

If you're looking for privacy-focused alternatives, you might want to explore Monero or other privacy coins that offer built-in anonymity features.

Not all of them are scams, but I’m sure most aren’t regulated. They’re definitely on the radar of the authorities, so if you don’t want to get tangled up in any illegal activities, it’s best to not use the service. Just looking out for our own good, you know?

There wouldn't be anyone to regulate such a scam for you, so, yeah, you would be on your own basically, that's how I see it.

It’ll never be truly anonymous because of the government’s tighter regulations. Right now, it’s best described as increased privacy. Some funds even get seized, so using it for big amounts can put your Bitcoin at risk. Plus, since mixers don’t have any known identities behind them, if they scam you, it’s basically like throwing your Bitcoin away.

Short answer: no. Not in 2024 and beyond.

Bitcoin mixing, also often called bitcoin tumbling, is a way people attempt to hide the source of their crypto. Since all Bitcoin transactions, and those of other major crypto currencies like Ethereum (ETH) and Litecoin (LTC), are on a public ledger called the blockchain, the source of anyone’s coins can be easily traced by everyone.

For many years, people used services called mixers to hide the origin of their bitcoins. These services would accept your Bitcoin deposit, add it to their pool of funds, and then send you different coins from their pool, minus a service fee. For a time, this way an effective way of obfuscating the origins of your funds.

Unfortunately for crypto enthusiasts, criminals have used this ability to make Bitcoin anonymous for nefarious purposes… purchasing drugs on the dark web, money laundering, tax evasion, and worse. However, there are many good reasons that honest users want to hide the source of their crypto currency, and where they send it. Most people wouldn’t want every store that swipes their credit card to know how much money they have in the bank, exactly when and where they got it, and every other place they have ever used their card. That is exactly what happens when you use Bitcoin normally.

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Does Bitcoin Mixing Still Work?