Topic: How to make Bitcoin transactions untraceable? (Read 16019 times)
Just found this thread and I am curious ehy op wants to know how to make bitcoin transactions untraceable. If you wanna be untraceable, I think you can use other coins for that and just buy back btc or something. I am really curious and want to learn more about this. I hope people share experiences and how to do it.
Trade bitcoin for altcoins on one exchange. Move altcoins to another exchange.and trade for BTC. Move to a wallet you control. Use Tor when you do this.
If you're going to do that, might as well say "trade BTC for cash and then use the cash to buy BTC." This has nothing to do with making it untraceable. Converting from one to another isn't making it anonymous, it's using alternate forms of money. Two very different things.
Again, converting to another coin isn't making Bitcoin anonymous. It's simply converting to a different coin. This is no different than saying "You want to make Bitcoin anonymous? It's easy. Just use euros instead and now your BTC is anonymous!"
Trade bitcoin for altcoins on one exchange. Move altcoins to another exchange.and trade for BTC. Move to a wallet you control. Use Tor when you do this.
If you're going to do that, might as well say "trade BTC for cash and then use the cash to buy BTC." This has nothing to do with making it untraceable. Converting from one to another isn't making it anonymous, it's using alternate forms of money. Two very different things.
Trade bitcoin for altcoins on one exchange. Move altcoins to another exchange.and trade for BTC. Move to a wallet you control. Use Tor when you do this.
If you're going to do that, might as well say "trade BTC for cash and then use the cash to buy BTC." This has nothing to do with making it untraceable. Converting from one to another isn't making it anonymous, it's using alternate forms of money. Two very different things.
I have not followed this thread for a time. It has been grown an interesting discussion about making transactions untraceable.
Trade bitcoin for altcoins on one exchange. Move altcoins to another exchange.and trade for BTC. Move to a wallet you control. Use Tor when you do this.
invest into Shadowcash
I think it's actually on topic. Different addresses for each received transaction is a huge thing. Is Bread the one that does dynamic fees, too?
No, I don't believe it takes out any fees at all... just takes out the $.07 or so in miners fees. But changing the public address isn't really that big of a deal in terms of keeping your transactions untraceable, IMO... all of the previous transactions before can be linked by following where each transaction goes too.
But for example when using a wallet that mixes coins automatically when sending coins out, now that would help out a lot in keeping everything untraceable... I would input the "M" word here now, but I'm going to keep things on topic.
By fees I meant the dynamic miner's fees. Like instead of always being 0.0001 BTC, it will choose whatever is the lowest that will get it confirmed (usually less). I forgot what wallet does that.
Whoa, never even heard of cointape! That's awesome. And I didn't realize Electrum did it, either. Thanks for the heads-up on both!
That really is a amazing thing. I bookmarked it. This could have saved me guessing so many times.
To actually see a price and time-frame that is great info!
I think it's actually on topic. Different addresses for each received transaction is a huge thing. Is Bread the one that does dynamic fees, too?
No, I don't believe it takes out any fees at all... just takes out the $.07 or so in miners fees. But changing the public address isn't really that big of a deal in terms of keeping your transactions untraceable, IMO... all of the previous transactions before can be linked by following where each transaction goes too.
But for example when using a wallet that mixes coins automatically when sending coins out, now that would help out a lot in keeping everything untraceable... I would input the "M" word here now, but I'm going to keep things on topic.
By fees I meant the dynamic miner's fees. Like instead of always being 0.0001 BTC, it will choose whatever is the lowest that will get it confirmed (usually less). I forgot what wallet does that.
Whoa, never even heard of cointape! That's awesome. And I didn't realize Electrum did it, either. Thanks for the heads-up on both!
You should use a mixing service to mix your coins. Never use a service with logs though.
Although mixing service can mix your coins, they still keep your records on their database, which is hidden from the public. For us, we just need to have that habits of using different address to receive btc and change address. We'd better not link our addresses to one tx and show to the public they are belonging to the same owner. I think it's actually on topic. Different addresses for each received transaction is a huge thing. Is Bread the one that does dynamic fees, too?
No, I don't believe it takes out any fees at all... just takes out the $.07 or so in miners fees. But changing the public address isn't really that big of a deal in terms of keeping your transactions untraceable, IMO... all of the previous transactions before can be linked by following where each transaction goes too.
But for example when using a wallet that mixes coins automatically when sending coins out, now that would help out a lot in keeping everything untraceable... I would input the "M" word here now, but I'm going to keep things on topic.
By fees I meant the dynamic miner's fees. Like instead of always being 0.0001 BTC, it will choose whatever is the lowest that will get it confirmed (usually less). I forgot what wallet does that.
I think it's actually on topic. Different addresses for each received transaction is a huge thing. Is Bread the one that does dynamic fees, too?
No, I don't believe it takes out any fees at all... just takes out the $.07 or so in miners fees. But changing the public address isn't really that big of a deal in terms of keeping your transactions untraceable, IMO... all of the previous transactions before can be linked by following where each transaction goes too.
But for example when using a wallet that mixes coins automatically when sending coins out, now that would help out a lot in keeping everything untraceable... I would input the "M" word here now, but I'm going to keep things on topic.
By fees I meant the dynamic miner's fees. Like instead of always being 0.0001 BTC, it will choose whatever is the lowest that will get it confirmed (usually less). I forgot what wallet does that.
I think it's actually on topic. Different addresses for each received transaction is a huge thing. Is Bread the one that does dynamic fees, too?
No, I don't believe it takes out any fees at all... just takes out the $.07 or so in miners fees. But changing the public address isn't really that big of a deal in terms of keeping your transactions untraceable, IMO... all of the previous transactions before can be linked by following where each transaction goes too.
But for example when using a wallet that mixes coins automatically when sending coins out, now that would help out a lot in keeping everything untraceable... I would input the "M" word here now, but I'm going to keep things on topic.
Assuming it get's part out of a known address it seems it is not untraceable. Even a few cents from known account mixed with many other address's would seem like it shows its you.
So I'm not sure I'm sold on untraceable. Unless you are not linked to any of the address's sending out.
I think it's actually on topic. Different addresses for each received transaction is a huge thing. Is Bread the one that does dynamic fees, too?
No, I don't believe it takes out any fees at all... just takes out the $.07 or so in miners fees. But changing the public address isn't really that big of a deal in terms of keeping your transactions untraceable, IMO... all of the previous transactions before can be linked by following where each transaction goes too.
But for example when using a wallet that mixes coins automatically when sending coins out, now that would help out a lot in keeping everything untraceable... I would input the "M" word here now, but I'm going to keep things on topic.
I dident think that you can make them untraceable.
Depends on your definition. You can always track bitcoin with blockchain. But you don't know who owns a address that does not get used, or linked online to someone.
If you believe mixers there is no logs and you can not know after being mixed. I'm a bit of a skeptic.
I dident think that you can make them untraceable.
the first thing is to not reuse addresses. rather, generate a new address every time
Well with a lot (if not all) wallets that you use, the wallet generates a new address each time you receive bitcoins to the previous address... so that's already implemented.
I'm not aware of any that do that. Can you name some? Xapo, Circle, Coinbase, Blockchain.info, MultiBit, Bitcoin QT, Electrum, (I know I'm missing a lot here) definitely don't.
Well I personally use breadwallet for iOS... I know for a fact this wallet does, but have used blocktrail in the past as well that did it... I have just assumed that all wallets changed the wallet address after each transaction had been received?
That's definitely the exception, rather than the norm. Some, like Coinbase, will make a new one when you send a transaction, but not when you receive one.
Well in that case, if you use Android, I would suggest you look into getting blocktrail (I think blocktrail is supported by Android)... Regardless, this thread does seem to go off tangent very quickly haha.
But blocktrail seems to be a very secure wallet, while offering that service. I just prefer bread because it connects directly to the blockchain network.
I think it's actually on topic. Different addresses for each received transaction is a huge thing. Is Bread the one that does dynamic fees, too?
the first thing is to not reuse addresses. rather, generate a new address every time
Well with a lot (if not all) wallets that you use, the wallet generates a new address each time you receive bitcoins to the previous address... so that's already implemented.
I'm not aware of any that do that. Can you name some? Xapo, Circle, Coinbase, Blockchain.info, MultiBit, Bitcoin QT, Electrum, (I know I'm missing a lot here) definitely don't.
Well I personally use breadwallet for iOS... I know for a fact this wallet does, but have used blocktrail in the past as well that did it... I have just assumed that all wallets changed the wallet address after each transaction had been received?
That's definitely the exception, rather than the norm. Some, like Coinbase, will make a new one when you send a transaction, but not when you receive one.
Well in that case, if you use Android, I would suggest you look into getting blocktrail (I think blocktrail is supported by Android)... Regardless, this thread does seem to go off tangent very quickly haha.
But blocktrail seems to be a very secure wallet, while offering that service. I just prefer bread because it connects directly to the blockchain network.
the first thing is to not reuse addresses. rather, generate a new address every time
Well with a lot (if not all) wallets that you use, the wallet generates a new address each time you receive bitcoins to the previous address... so that's already implemented.
I'm not aware of any that do that. Can you name some? Xapo, Circle, Coinbase, Blockchain.info, MultiBit, Bitcoin QT, Electrum, (I know I'm missing a lot here) definitely don't.
Well I personally use breadwallet for iOS... I know for a fact this wallet does, but have used blocktrail in the past as well that did it... I have just assumed that all wallets changed the wallet address after each transaction had been received?
That's definitely the exception, rather than the norm. Some, like Coinbase, will make a new one when you send a transaction, but not when you receive one.
the first thing is to not reuse addresses. rather, generate a new address every time
Well with a lot (if not all) wallets that you use, the wallet generates a new address each time you receive bitcoins to the previous address... so that's already implemented.
I'm not aware of any that do that. Can you name some? Xapo, Circle, Coinbase, Blockchain.info, MultiBit, Bitcoin QT, Electrum, (I know I'm missing a lot here) definitely don't.
Well I personally use breadwallet for iOS... I know for a fact this wallet does, but have used blocktrail in the past as well that did it... I have just assumed that all wallets changed the wallet address after each transaction had been received?
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