Topic: How to make Bitcoin transactions untraceable? - page 6. (Read 16019 times)
Few things you can do to make it harder to trace. You can mix your coins around like using the services of bitmixer. You can also transfer to exchangers and exchange it to other altcoins and then exchange back to btc. It all depends in how you do it.
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?
xmr.to allows you to pay anyone that accepts btc completely anonymously by using monero
The blockchain only shows addresses, Having multiple addresses is a good idea, and by using a "mixer" you can send BTC from one address to another without anyone else even knowing you own both addresses.
I posted a document earlier in the thread from MIT, showing that even after mixing coins, you can see who owns addresses (or, rather than you can tell which addresses are linked). So this isn't true at all. It obfuscates data, but doesn't do much if someone really wants to know.
The blockchain only shows addresses, Having multiple addresses is a good idea, and by using a "mixer" you can send BTC from one address to another without anyone else even knowing you own both addresses.
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?
You have to use a mixer like bit mixer.io. But you have to mix many time your amount in way to keep safe that your transaction is untraceable. Anyway, consider that mixer takes some fee (Bitmixer.io charge 0.5% if I'm not wrong).
Even using mixers, it's entirely possible to track transactions. Essentially, you're paying money to make things slightly harder, while still not resolving the anonymity issue.
Also in my many month's on this forum sadly you will see mixers that just stop working. People send money to them, and get nothing out. Either scam or a site that no longer does the service.
Even if it works I don't think it's worth it. I think it provides a false sense of security. I personally have never used one and don't intend to.
This is also a valid concern. Not to mention they need a lot of liquidity to work in the first place (otherwise they accomplish nothing). I'd think sending them to an anonymous casino would accomplish almost the same thing, without the risk (anonymous being those that don't require you to make an account).
Anonymous casino will for sure collect your data (ip , browser , etc.) and attach it to your addresses.
For example Bitmixer.io promise that all user data will be deleted from server within 24h.
You can constantly change your addresses manually to help stay "more" anonymous but it's never perfect.
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?
You have to use a mixer like bit mixer.io. But you have to mix many time your amount in way to keep safe that your transaction is untraceable. Anyway, consider that mixer takes some fee (Bitmixer.io charge 0.5% if I'm not wrong).
Even using mixers, it's entirely possible to track transactions. Essentially, you're paying money to make things slightly harder, while still not resolving the anonymity issue.
Also in my many month's on this forum sadly you will see mixers that just stop working. People send money to them, and get nothing out. Either scam or a site that no longer does the service.
Even if it works I don't think it's worth it. I think it provides a false sense of security. I personally have never used one and don't intend to.
This is also a valid concern. Not to mention they need a lot of liquidity to work in the first place (otherwise they accomplish nothing). I'd think sending them to an anonymous casino would accomplish almost the same thing, without the risk (anonymous being those that don't require you to make an account).
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?
You have to use a mixer like bit mixer.io. But you have to mix many time your amount in way to keep safe that your transaction is untraceable. Anyway, consider that mixer takes some fee (Bitmixer.io charge 0.5% if I'm not wrong).
Even using mixers, it's entirely possible to track transactions. Essentially, you're paying money to make things slightly harder, while still not resolving the anonymity issue.
Also in my many month's on this forum sadly you will see mixers that just stop working. People send money to them, and get nothing out. Either scam or a site that no longer does the service.
Even if it works I don't think it's worth it. I think it provides a false sense of security. I personally have never used one and don't intend to.
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?
You have to use a mixer like bit mixer.io. But you have to mix many time your amount in way to keep safe that your transaction is untraceable. Anyway, consider that mixer takes some fee (Bitmixer.io charge 0.5% if I'm not wrong).
Even using mixers, it's entirely possible to track transactions. Essentially, you're paying money to make things slightly harder, while still not resolving the anonymity issue.
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?
You have to use a mixer like bit mixer.io. But you have to mix many time your amount in way to keep safe that your transaction is untraceable. Anyway, consider that mixer takes some fee (Bitmixer.io charge 0.5% if I'm not wrong).
No way to make totally untraceable for the authorities, but you can make it harder for them find you at the point they simply won't, and make it virtually untraceable for common people.
Use mixers and one address for each transaction and don't do all your transactions at the same time
Use mixers and one address for each transaction and don't do all your transactions at the same time
Probably DarkWallet was the best solution. But, the project was under funded and hence was most probably scrapped.
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?
Bitcoin transactions are trackable and you cannot change it.
"The block chain is a shared public ledger on which the entire Bitcoin network relies. All confirmed transactions are included in the block chain."
Nowadays we already know that Bitcoin is not completely anonymous.
Bitcoin is a private currency rather than anonymous currency, and that's why there is an arms race to see what will be the altcoin who will occupy BTC's place has a anonymous crypto.
However there are ways to make the btc transactions anonymous if you use the Bitcoinmixer...
Bitcoin is a private currency rather than anonymous currency, and that's why there is an arms race to see what will be the altcoin who will occupy BTC's place has a anonymous crypto.
However there are ways to make the btc transactions anonymous if you use the Bitcoinmixer...
I always thought bitcoin was about being ANON but looking at the posts in this section no one give a damn whether they are spied on or not.
Bitcoin never was and is claimed to being ANON. It's pseudo-anonymous. They are 2 different things.
If you want to protect your privacy you should use alternate coins such as XMR, DASH, SDC etc.
Using Stealth addresses, enabled by darkwallet.
https://www.reddit.com/r/Bitcoin/comments/24fy4v/dark_wallet_try_it_out/ch6siqr
Quote
Stealth addresses are addresses which you publish and then somebody can use that "address" as a seed to create a new bitcoin address and a nonce. And if you give the owner of the stealth address the nonce, they can use it to get the private key for the bitcoin address. The idea is that by publishing a stealth address, somebody can now send you payments, but since no real bitcoin address was published, nobody aside from you and the person who pays you knows that you got paid, whereas if you had published a real address, people could just watch that address on the blockchain and know you got paid. So instead you publish this stealth address and then your client just scans ALL transactions that have an OP_RETURN output and attempts to decode it, and if it's able to decode it, it knows that it's a payment to its own stealth address and it can use the OP_RETURN data to derive the private key.
Xapo also claims to mix or scramble payment received so no one can track your balance if they've used a payment address in the past.
The bitmixer might be the right option for you but if you don't want to the third party involvement, check out Xapo.
The bitmixer might be the right option for you but if you don't want to the third party involvement, check out Xapo.
I would never trust Xapo
Xapo Adds Former Visa and Citibank Execs to Board of Advisors
Read all of this post, and you may get the gist of what I mean.
I know Its not right to quote oneself but some people dont give a flying fvk if they are under observation from these people.
I always thought bitcoin was about being ANON but looking at the posts in this section no one give a damn whether they are spied on or not.
switch to ShadowCash 
The best way to make bit coin transactions untraceable and completely anonymous is to use bit mixer a few times after it you transactions will surely be untraceable as no one will know real bitcoin addressess
There have been studies done with mixers that show even after using multiple of them, there are still tracks that can be followed. While they definitely help obfuscate things, they aren't the ultimate solution.
References please. Anyone using a mixing service can use the blockchain.info taint analysis tool to determine if there is any correlation between coins submitted to the service and coins received. A proper mixing service will return bitcoins with zero percent taint. No taint means that the coins you received back from the mixer cannot be correlated to the coins you sent. Everyone knows that mixing services are popular with darknet drug vendors so the coins you get back from the mixer might be traced back to one of the darknet markets. That would be a separate concern.
Will this work for you? There's been evaluations outside of MIT, as well, showing similar situations.
Thanks for the link, much appreciated.
NP! It's worth noting that this particular experiment was a couple years ago, and mixing services may be slightly better at what they do now, but I'd assume the detection mechanics here would still be in play, if not be more refined to be faster and more accurate.
The best way to make bit coin transactions untraceable and completely anonymous is to use bit mixer a few times after it you transactions will surely be untraceable as no one will know real bitcoin addressess
There have been studies done with mixers that show even after using multiple of them, there are still tracks that can be followed. While they definitely help obfuscate things, they aren't the ultimate solution.
References please. Anyone using a mixing service can use the blockchain.info taint analysis tool to determine if there is any correlation between coins submitted to the service and coins received. A proper mixing service will return bitcoins with zero percent taint. No taint means that the coins you received back from the mixer cannot be correlated to the coins you sent. Everyone knows that mixing services are popular with darknet drug vendors so the coins you get back from the mixer might be traced back to one of the darknet markets. That would be a separate concern.
Will this work for you? There's been evaluations outside of MIT, as well, showing similar situations.
Thanks for the link, much appreciated.
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