*made smaller quote was getting huge.
Well the question becomes, why are you mixing your coins if you don't want to remain somewhat private in how you are handling your Bitcoins? Did you just commit a crime? The answer I hope would be, of course not, but then again none of this should matter to anyone.
Monero proposes an idea of issuing a currency that can be completely anonymous if the person wants to be, and also be completely transparent if need be as well. You can provide view and amount keys to auditors if you run a business accepting monero, that's the beauty of what they are trying to do. Bitcoin was meant to be digital "cash", and it has failed to be that... you can easily trace any transactions to anyone, when it should be none of that person's business.
Don't get me wrong... I completely understand what you're saying about holding bitcoin for potential increase in value. But I hold a little XMR on the side as well, because I believe in what it is trying to accomplish.
Edit: you should probably see "why privacy matters" too... it doesn't mean that you only have to be private if you are committing a crime, so to speak. Your business should be your business... end of story.
You found my fear of reason of people using mixers or other way's to seem more untraceable. Are they just worried about holdings, and don't want amount they have to be known? Or are they doing something they should not be? Illegal I believe takes away from bitcoin value and makes bitcoin look bad. But this is really for another thread as this is not why are people doing it but how.
Holding a lot of alt currency you can lose value or miss BTC going up in value. I don't consider an alt coin a true option. I think you need to stay in BTC after all the thread is "Bitcoin transactions untraceable?" not how can I use alt coins.
I suggested mining where you do not count on others. It loses a lot of relying on other people problems.
I know, and I agree this is another topic that should be discussed on another thread... I was just simply replying to tyz's comment on "Dark" coins in general and my way of thinking and reasoning for using monero. But yes, to everyone monitoring this thread, if you want your
bitcoins to be untraceable, then the only way is to mix them. You can use your tactic as well by going in exchange sites to temporarily buy altcoins and then repurchase bitcoins with them for the exchange rates... but to me, this just seems unreasonably hard to keep what you own "private".
Again, sorry for the derailment... just my opinion on having a currency be "untraceable" and why it's important.
