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Topic: How to hide your bitcoin? - page 4. (Read 4589 times)

hero member
Activity: 784
Merit: 1000
February 12, 2015, 11:08:55 AM
#23
Create a primary address, then receiving address
After you got enough, send from receiving address using mixer (like bitmixer.io) to your primary address Wink
hero member
Activity: 644
Merit: 500
February 12, 2015, 11:01:25 AM
#22
just use mixing service to loose your bitcoin track
no one will find your real address
another option is using trustworthy exchange to hide your bitcoin chain of transactions
good luck with your donations
legendary
Activity: 1260
Merit: 1008
February 12, 2015, 10:44:30 AM
#21
Suppose I want to share my public key for donations, but the problem is everyone can see how many btc I have. Suppose I create a second account for donations but now people can see where all the btc goes from there and cunclude it's my address. How to share a public key and still hide my savings?

When you keep the same address for donations, people are always able to see how much donations you received. You need to change the donation address frequently to mask that. If you want to hide you savings, the easiest way is to use the donation address for spending only.

So, my ultimate recommendation:

Provide 2 options:

1 bitcoin address for donations, where you'd do whatever has been described above to try and keep it as traceless as possible

1 monero address for donations, because if someones really concerned with traceability they'd use a cryptocurrency with actual privacy features

and, I guess I should put it in here too to be fair, 1 darkcoin address because darkcoins all the rage these days


of course you'd have to deal with exchanging the alts for bitcoin (or deciding to hold them), but yeah.
hero member
Activity: 672
Merit: 500
February 12, 2015, 10:31:53 AM
#20
Suppose I want to share my public key for donations, but the problem is everyone can see how many btc I have. Suppose I create a second account for donations but now people can see where all the btc goes from there and cunclude it's my address. How to share a public key and still hide my savings?

When you keep the same address for donations, people are always able to see how much donations you received. You need to change the donation address frequently to mask that. If you want to hide you savings, the easiest way is to use the donation address for spending only.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
February 12, 2015, 10:31:25 AM
#19
monero

what? did someone say something?

Yeah, I just wanted to not be the first to bring this into discussion.
And strangely, though both (BTC and XMR) prices are falling, usual people (not me) feel more confortable to work with BTC.
legendary
Activity: 1260
Merit: 1008
February 12, 2015, 10:13:27 AM
#18
monero

what? did someone say something?
Q7
sr. member
Activity: 448
Merit: 250
February 12, 2015, 10:10:44 AM
#17
Donation wallet - localbitcoin - sell the coins - localbitcoin - buy back the coins. You pay the spread and incur some losses but all that would hide yourself
legendary
Activity: 1792
Merit: 1030
February 12, 2015, 09:58:19 AM
#16
Use bitmixer.io Smiley
hero member
Activity: 644
Merit: 500
My goal is becaming a billionaire.
February 12, 2015, 09:58:04 AM
#15
Suppose I want to share my public key for donations, but the problem is everyone can see how many btc I have. Suppose I create a second account for donations but now people can see where all the btc goes from there and cunclude it's my address. How to share a public key and still hide my savings?

You have a lot of possibilities here , one of them is to generate different Bitcoin adresses for donation for each time someone want to donate for you . another one is like sending  your Bitcoins daily or weekly or whatever to another Bitcoin adress using mixer .

~ Madness
legendary
Activity: 3542
Merit: 1352
Cashback 15%
February 12, 2015, 09:57:39 AM
#14
donation wallet => any crypto currency exchange (poloniex, bittrex, hitbtc, ... name it) => (trade) buy a stable altcoin with low transaction fees (dogecoin?) => transfer that altcoin to another exchange => (trade) that altcoin back to bitcoin => send it to your main wallet.

Why transfering back and forth to an altcoin?

Any other method has a chance to get to this:
Your Public Address => Intermediate (Exchange?) address => Your "private" address
which means it's not the private anymore.

With my method, from outside anyone will see:
Your Public Address => Exchange address => money spent.
Some other exchange address (altcoin) => Address for same altcoin on different exchange (nobody will track / care about that)
Some address nobody cares about (your BTC address on 2nd exchange) => Your private address (again, nobody will track that).


If you are a drug dealer or such, I just saved your butt, so I'd expect a generous tip. My public address is in profile.

Plainly genius my friend. No one will care about an address from an exchange to another address. Traceable, but not that easy.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
February 12, 2015, 09:56:32 AM
#13
Easy. Mix your coins with different addresses and point it out to your main address. If you want to have an address for public donation, just generate a new one and mix your coins as well.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
February 12, 2015, 09:03:02 AM
#12
donation wallet => any crypto currency exchange (poloniex, bittrex, hitbtc, ... name it) => (trade) buy a stable altcoin with low transaction fees (dogecoin?) => transfer that altcoin to another exchange => (trade) that altcoin back to bitcoin => send it to your main wallet.

Why transfering back and forth to an altcoin?

Any other method has a chance to get to this:
Your Public Address => Intermediate (Exchange?) address => Your "private" address
which means it's not the private anymore.

With my method, from outside anyone will see:
Your Public Address => Exchange address => money spent.
Some other exchange address (altcoin) => Address for same altcoin on different exchange (nobody will track / care about that)
Some address nobody cares about (your BTC address on 2nd exchange) => Your private address (again, nobody will track that).


If you are a drug dealer or such, I just saved your butt, so I'd expect a generous tip. My public address is in profile.
newbie
Activity: 15
Merit: 0
February 12, 2015, 08:58:17 AM
#11
Suppose I want to share my public key for donations, but the problem is everyone can see how many btc I have. Suppose I create a second account for donations but now people can see where all the btc goes from there and cunclude it's my address. How to share a public key and still hide my savings?

You need Exchanger Wallet..
legendary
Activity: 3472
Merit: 4801
February 12, 2015, 08:55:42 AM
#10
Suppose I want to share my public key for donations, but the problem is everyone can see how many btc I have. Suppose I create a second account for donations but now people can see where all the btc goes from there and cunclude it's my address. How to share a public key and still hide my savings?

Give every donor a different address to send to.

Then nobody will know how much you received. They'll only be able to see their own transaction to you.
sr. member
Activity: 354
Merit: 250
February 12, 2015, 08:09:00 AM
#9
Donation wallet => exchange => your real wallet.

Don't you pay fees when you send and take from exchange?

If you want to hide your coins sufficiently it's going to cost you a little bit. You can send them to any other website such as a dice site or exchange or mixer then send them back to a new address but this is the only real way you can do it.
legendary
Activity: 1876
Merit: 1475
February 12, 2015, 08:02:09 AM
#8
donation wallet => any crypto currency exchange (poloniex, bittrex, hitbtc, ... name it) => (trade) buy a stable altcoin with low transaction fees (dogecoin?) => transfer that altcoin to another exchange => (trade) that altcoin back to bitcoin => send it to your main wallet.

This will incur much more 'fees' but it'd be virtually impossible to track.

Or you can use blockchain.info's Shared Send option which is almost free but less protected.

You need to decide how much you need to hide your main account and most probably the price/fee will go accordingly.
full member
Activity: 131
Merit: 100
February 12, 2015, 08:00:29 AM
#7
donation wallet => any crypto currency exchange (poloniex, bittrex, hitbtc, ... name it) => (trade) buy a stable altcoin with low transaction fees (dogecoin?) => transfer that altcoin to another exchange => (trade) that altcoin back to bitcoin => send it to your main wallet.

Why transfering back and forth to an altcoin?
full member
Activity: 157
Merit: 100
February 12, 2015, 07:55:56 AM
#6
Donation wallet => exchange => your real wallet.

Don't you pay fees when you send and take from exchange?

Yea, that's the only catch. But most exchanges aren't that expensive.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
February 12, 2015, 07:48:29 AM
#5
donation wallet => any crypto currency exchange (poloniex, bittrex, hitbtc, ... name it) => (trade) buy a stable altcoin with low transaction fees (dogecoin?) => transfer that altcoin to another exchange => (trade) that altcoin back to bitcoin => send it to your main wallet.
full member
Activity: 131
Merit: 100
February 12, 2015, 07:44:10 AM
#4
Donation wallet => exchange => your real wallet.

Don't you pay fees when you send and take from exchange?
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