Topic: How to make Bitcoin transactions untraceable? - page 3. (Read 16019 times)

Quote from: phishead on October 19, 2015, 10:31:30 PM

I am wondering whether it is possible to make Bitcoin transactions untraceable or not? As long as I know, Altcoins like Monero, BitcoinDark or Dash are using different concepts in order to make transactions untraceable. Is it also possible for Bitcoin by using some extra tools?

look at my signature

you can use Bitmixer service if you want to make untraceable transaction, or you can use xapo
all people can't trace your transaction, but only xapo can trace your transacation ( i think xapo is profesional, he will never share his database)

If there is a database someone could give up I don't consider that a untraceable option. If you want untraceable you should not have logs. There have been many places that people thought would not share but if right 3 letter agency shows up a lot of things change.

I still think mining a new coin, and sending to a new address is the best cheapest way. You can run through proxy or VPN with no logs. And mine to it if done properly no one should know who it is just see coins in a address.

I don't see point of bringing in mixers or other services when you can do it all yourself. And trust yourself 100 percent.

Yeah, but why go through all the hassle of doing that though when there is a currency that does it for you every time you send coins to someone? It's essentially a mixer that hides your address and the amount you send. I just personally think if you would want to go about making anonymous transactions.. bitcoin is not really the right way to go. Bitcoin is good for other purposes as of right now (purchasing power, most desirable coin, etc. etc.), but the way I see it.. people will start realizing there are in fact, better alternatives.

I'm not predicting any downfall of Bitcoin either, I'm just saying that there is a very good chance of bitcoin finally having it's "trifecta". Bitcoin, Litecoin, Monero... they all serve a specific purpose, the choice is yours to how you want to use your money wisely and securely.

The question I don't get is why do it at all. I am doing nothing illegal, so I feel safe. I don't care if exchange knows one of my address's. It honestly does not hurt me.

If trying to make untraceable I just trust myself more then anyone else. Weather it be currency or a service like a mixer. With altcoin you can lose value or gain, highy depends if you are holding it. BTC recently had a nice jump up. So by holding in BTC I feel more safe value wise.

And if I wanted to be untraceable. I would mine through a known proxy or vpn that does not keep logs. Some pools you can mine straight to address no signing up. So you can do it all yourself.

So why count on others to do it when you can do it all yourself? I personally would feel better doing it myself then someone else doing it or even holding alt currency,

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.

notlist3d

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Quote from: notlist3d on October 19, 2015, 10:22:14 PM

Quote from: Proxiebuier on October 19, 2015, 10:06:48 PM

Quote from: phishead on October 19, 2015, 10:31:30 PM

I am wondering whether it is possible to make Bitcoin transactions untraceable or not? As long as I know, Altcoins like Monero, BitcoinDark or Dash are using different concepts in order to make transactions untraceable. Is it also possible for Bitcoin by using some extra tools?

look at my signature

you can use Bitmixer service if you want to make untraceable transaction, or you can use xapo
all people can't trace your transaction, but only xapo can trace your transacation ( i think xapo is profesional, he will never share his database)

If there is a database someone could give up I don't consider that a untraceable option. If you want untraceable you should not have logs. There have been many places that people thought would not share but if right 3 letter agency shows up a lot of things change.

I still think mining a new coin, and sending to a new address is the best cheapest way. You can run through proxy or VPN with no logs. And mine to it if done properly no one should know who it is just see coins in a address.

I don't see point of bringing in mixers or other services when you can do it all yourself. And trust yourself 100 percent.

Yeah, but why go through all the hassle of doing that though when there is a currency that does it for you every time you send coins to someone? It's essentially a mixer that hides your address and the amount you send. I just personally think if you would want to go about making anonymous transactions.. bitcoin is not really the right way to go. Bitcoin is good for other purposes as of right now (purchasing power, most desirable coin, etc. etc.), but the way I see it.. people will start realizing there are in fact, better alternatives.

I'm not predicting any downfall of Bitcoin either, I'm just saying that there is a very good chance of bitcoin finally having it's "trifecta". Bitcoin, Litecoin, Monero... they all serve a specific purpose, the choice is yours to how you want to use your money wisely and securely.

The question I don't get is why do it at all. I am doing nothing illegal, so I feel safe. I don't care if exchange knows one of my address's. It honestly does not hurt me.

If trying to make untraceable I just trust myself more then anyone else. Weather it be currency or a service like a mixer. With altcoin you can lose value or gain, highy depends if you are holding it. BTC recently had a nice jump up. So by holding in BTC I feel more safe value wise.

And if I wanted to be untraceable. I would mine through a known proxy or vpn that does not keep logs. Some pools you can mine straight to address no signing up. So you can do it all yourself.

So why count on others to do it when you can do it all yourself? I personally would feel better doing it myself then someone else doing it or even holding alt currency,

Proxiebuier

sr. member

Activity: 364

Merit: 250

Quote from: notlist3d on October 19, 2015, 10:22:14 PM

Quote from: Proxiebuier on October 19, 2015, 10:06:48 PM

Quote from: notlist3d on October 19, 2015, 10:22:14 PM

I am wondering whether it is possible to make Bitcoin transactions untraceable or not? As long as I know, Altcoins like Monero, BitcoinDark or Dash are using different concepts in order to make transactions untraceable. Is it also possible for Bitcoin by using some extra tools?

look at my signature

you can use Bitmixer service if you want to make untraceable transaction, or you can use xapo
all people can't trace your transaction, but only xapo can trace your transacation ( i think xapo is profesional, he will never share his database)

If there is a database someone could give up I don't consider that a untraceable option. If you want untraceable you should not have logs. There have been many places that people thought would not share but if right 3 letter agency shows up a lot of things change.

I still think mining a new coin, and sending to a new address is the best cheapest way. You can run through proxy or VPN with no logs. And mine to it if done properly no one should know who it is just see coins in a address.

I don't see point of bringing in mixers or other services when you can do it all yourself. And trust yourself 100 percent.

Yeah, but why go through all the hassle of doing that though when there is a currency that does it for you every time you send coins to someone? It's essentially a mixer that hides your address and the amount you send. I just personally think if you would want to go about making anonymous transactions.. bitcoin is not really the right way to go. Bitcoin is good for other purposes as of right now (purchasing power, most desirable coin, etc. etc.), but the way I see it.. people will start realizing there are in fact, better alternatives.

I'm not predicting any downfall of Bitcoin either, I'm just saying that there is a very good chance of bitcoin finally having it's "trifecta". Bitcoin, Litecoin, Monero... they all serve a specific purpose, the choice is yours to how you want to use your money wisely and securely.

you think monero is "solution" in this moment right it ?
but not all people know about monero

but monero prices more volatile than bitcoin

i think if he want to make 1 transaction, he can buy at poloniex and send monero to bitcoin with shapeshift.io

phishead

hero member

Activity: 1873

Merit: 840

Keep what's important, and know who's your friend

Quote from: Proxiebuier on October 19, 2015, 10:06:48 PM

Quote from: notlist3d on October 19, 2015, 10:22:14 PM

I am wondering whether it is possible to make Bitcoin transactions untraceable or not? As long as I know, Altcoins like Monero, BitcoinDark or Dash are using different concepts in order to make transactions untraceable. Is it also possible for Bitcoin by using some extra tools?

look at my signature

you can use Bitmixer service if you want to make untraceable transaction, or you can use xapo
all people can't trace your transaction, but only xapo can trace your transacation ( i think xapo is profesional, he will never share his database)

If there is a database someone could give up I don't consider that a untraceable option. If you want untraceable you should not have logs. There have been many places that people thought would not share but if right 3 letter agency shows up a lot of things change.

I still think mining a new coin, and sending to a new address is the best cheapest way. You can run through proxy or VPN with no logs. And mine to it if done properly no one should know who it is just see coins in a address.

I don't see point of bringing in mixers or other services when you can do it all yourself. And trust yourself 100 percent.

Yeah, but why go through all the hassle of doing that though when there is a currency that does it for you every time you send coins to someone? It's essentially a mixer that hides your address and the amount you send. I just personally think if you would want to go about making anonymous transactions.. bitcoin is not really the right way to go. Bitcoin is good for other purposes as of right now (purchasing power, most desirable coin, etc. etc.), but the way I see it.. people will start realizing there are in fact, better alternatives.

I'm not predicting any downfall of Bitcoin either, I'm just saying that there is a very good chance of bitcoin finally having it's "trifecta". Bitcoin, Litecoin, Monero... they all serve a specific purpose, the choice is yours to how you want to use your money wisely and securely.

Proxiebuier

sr. member

Activity: 364

Merit: 250

Quote from: Proxiebuier on October 19, 2015, 10:06:48 PM

Quote from: ranlo on October 19, 2015, 10:12:47 PM

I am wondering whether it is possible to make Bitcoin transactions untraceable or not? As long as I know, Altcoins like Monero, BitcoinDark or Dash are using different concepts in order to make transactions untraceable. Is it also possible for Bitcoin by using some extra tools?

look at my signature

you can use Bitmixer service if you want to make untraceable transaction, or you can use xapo
all people can't trace your transaction, but only xapo can trace your transacation ( i think xapo is profesional, he will never share his database)

If there is a database someone could give up I don't consider that a untraceable option. If you want untraceable you should not have logs. There have been many places that people thought would not share but if right 3 letter agency shows up a lot of things change.

I still think mining a new coin, and sending to a new address is the best cheapest way. You can run through proxy or VPN with no logs. And mine to it if done properly no one should know who it is just see coins in a address.

I don't see point of bringing in mixers or other services when you can do it all yourself. And trust yourself 100 percent.

you can register xapo with "fake data" also you can use hidden ip or RDP
how about deposit at bittrex, buying dogecoin or other aktcoin and sell back and withdraw your bitcoin to new addres ?

phishead

hero member

Activity: 1873

Merit: 840

Keep what's important, and know who's your friend

Quote from: phishead on October 19, 2015, 09:47:43 PM

Quote from: pooya87 on October 19, 2015, 03:56:29 AM

mixers are a good and fast way to become untraceable but the way that i found out to be working better than mixers is to exchange the coins to another altcoin.

for example you can do this on shapeshift, and buy an altcoin, then move those to an exchanger and buy bitcoin with it and move it to your final wallet.
in this way you only lose some money on trade fees and transaction fees but it would be more effective.

but for the rest of us the mixers is more than enough Cheesy

Quote from: Proxiebuier on October 19, 2015, 10:06:48 PM

Well, obviously by my signature I'm biased... but cryptonotes are the only way to go if you want to become "untraceable" in your transactions.

Correct me if I'm wrong, but aren't those altcoins, or at least function like them? Because if so, that isn't a solution -- that's like saying "you can send Bitcoin anonymously. Just convert Bitcoin to cash and pay the person in cash!"

No, Monero is truly a whole different beast... Cryptonote technology is the new upcoming technology for sure IMO, but that's just me. If you'd like to read more, look at my links and look up the whitepaper for XMR...

But essentially Dash or dark and other scam coins that pose they are "the true anonymous coin" are mistaken... the Devs that are currently working "under the hood" for the new GUI that's about to come out are well known in the crypto world and are proposing that everything will be set up and running by spring or summer of next year. Basically what monero does is have a private key, a view key, and now with the new addition to xmr, a "ring CT" which will make up an "amount key".

So, XMR not only hides where the coins are coming from, but now hides how much coins are being transacted to one another.
https://github.com/ShenNoether/MiniNero/blob/master/RingCT0.1_copy.pdf

If you'd like to get technical, you can read that... but the terminology in that paper is way over my head. I just know the ELI5 version of everything going on right now.

notlist3d

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Activity: 1456

Merit: 1000

Quote from: phishead on October 19, 2015, 09:47:43 PM

I am wondering whether it is possible to make Bitcoin transactions untraceable or not? As long as I know, Altcoins like Monero, BitcoinDark or Dash are using different concepts in order to make transactions untraceable. Is it also possible for Bitcoin by using some extra tools?

look at my signature

you can use Bitmixer service if you want to make untraceable transaction, or you can use xapo
all people can't trace your transaction, but only xapo can trace your transacation ( i think xapo is profesional, he will never share his database)

If there is a database someone could give up I don't consider that a untraceable option. If you want untraceable you should not have logs. There have been many places that people thought would not share but if right 3 letter agency shows up a lot of things change.

I still think mining a new coin, and sending to a new address is the best cheapest way. You can run through proxy or VPN with no logs. And mine to it if done properly no one should know who it is just see coins in a address.

I don't see point of bringing in mixers or other services when you can do it all yourself. And trust yourself 100 percent.

ranlo

legendary

Activity: 1974

Merit: 1007

Quote from: pooya87 on October 19, 2015, 03:56:29 AM

mixers are a good and fast way to become untraceable but the way that i found out to be working better than mixers is to exchange the coins to another altcoin.

for example you can do this on shapeshift, and buy an altcoin, then move those to an exchanger and buy bitcoin with it and move it to your final wallet.
in this way you only lose some money on trade fees and transaction fees but it would be more effective.

but for the rest of us the mixers is more than enough Cheesy

Well, obviously by my signature I'm biased... but cryptonotes are the only way to go if you want to become "untraceable" in your transactions.

Correct me if I'm wrong, but aren't those altcoins, or at least function like them? Because if so, that isn't a solution -- that's like saying "you can send Bitcoin anonymously. Just convert Bitcoin to cash and pay the person in cash!"

Proxiebuier

sr. member

Activity: 364

Merit: 250

I am wondering whether it is possible to make Bitcoin transactions untraceable or not? As long as I know, Altcoins like Monero, BitcoinDark or Dash are using different concepts in order to make transactions untraceable. Is it also possible for Bitcoin by using some extra tools?

look at my signature

you can use Bitmixer service if you want to make untraceable transaction, or you can use xapo
all people can't trace your transaction, but only xapo can trace your transacation ( i think xapo is profesional, he will never share his database)

phishead

hero member

Activity: 1873

Merit: 840

Keep what's important, and know who's your friend

Quote from: pooya87 on October 19, 2015, 03:56:29 AM

mixers are a good and fast way to become untraceable but the way that i found out to be working better than mixers is to exchange the coins to another altcoin.

for example you can do this on shapeshift, and buy an altcoin, then move those to an exchanger and buy bitcoin with it and move it to your final wallet.
in this way you only lose some money on trade fees and transaction fees but it would be more effective.

but for the rest of us the mixers is more than enough Cheesy

Well, obviously by my signature I'm biased... but cryptonotes are the only way to go if you want to become "untraceable" in your transactions.

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: pooya87 on October 19, 2015, 03:56:29 AM

mixers are a good and fast way to become untraceable but the way that i found out to be working better than mixers is to exchange the coins to another altcoin.

for example you can do this on shapeshift, and buy an altcoin, then move those to an exchanger and buy bitcoin with it and move it to your final wallet.
in this way you only lose some money on trade fees and transaction fees but it would be more effective.

but for the rest of us the mixers is more than enough Cheesy