apparently anonymity is critical to protect free people, but then there is no recourse for victims of theft and cybercrime?
Just like cash... Protection for theft and cybercrime can exist in the form of insurance. The money world ran just fine using just cash for a long time. 
Topic: How to make Bitcoin transactions untraceable? - page 8. (Read 16060 times)
Don't even try. The NSA will put you on a terrorist list if you pay cash at an internet cafe. Being able to setup an ASIC miner has to put you somewhere...
apparently anonymity is critical to protect free people, but then there is no recourse for victims of theft and cybercrime?
You need to use these:
1-mixer services
2-dice, bet and casino (gambling) sites
3-untrackable altcoins (xmr, dash etc.)
It's not that hard to hide your money.
1. Mixers service claims to not keep your info but they could easily be releasing information to the authorities. It requires large amount of trust.1-mixer services
2-dice, bet and casino (gambling) sites
3-untrackable altcoins (xmr, dash etc.)
It's not that hard to hide your money.
2. Gambling site have no obligations to keep your information private. They can easily release the transaction informations when requested.
3. Some exchanges requires verification and many of those have to comply with the local laws. They would have to release the information when requested.
You need to use these:
1-mixer services
2-dice, bet and casino (gambling) sites
3-untrackable altcoins (xmr, dash etc.)
It's not that hard to hide your money.
1-mixer services
2-dice, bet and casino (gambling) sites
3-untrackable altcoins (xmr, dash etc.)
It's not that hard to hide your money.
there are many specific cases where you could do truly anonymous transactions, like purchasing and consuming a purely digital service or goods over an anonymous network.
cant you make everything untraceable if you mix your coins with bitmixer a few times? i guess its the best option to hide who is actually sending bitcoins and its the way to make everything private
I understand that some people would like to make their coins less traceable. There is no disadvantage in that. I believe the real difficulty is not the anonymity when you are saving coins. It's not putting a name to the coins when I spend it.
If I buy physical goods with bitcoin, there is a shipping name and address attached to the order. When I sell them for fiat at at exchange, there is my bank account info and my identification papers. The only way out I see is to sell bitcoin for fiat or products face-to-face with no "logs", but you can't do that for large amounts.
I am not particularly bothered with the "mixing" at the moment because I only need to do it once before I spend it and there may be better ways in the future.
If I buy physical goods with bitcoin, there is a shipping name and address attached to the order. When I sell them for fiat at at exchange, there is my bank account info and my identification papers. The only way out I see is to sell bitcoin for fiat or products face-to-face with no "logs", but you can't do that for large amounts.
I am not particularly bothered with the "mixing" at the moment because I only need to do it once before I spend it and there may be better ways in the future.
You should use a mixing service to mix your coins. Never use a service with logs though.
People keep talking about mixing services, but what about just using a casino? They generally move all funds to a central address, and then you can cash out. I'm pretty sure that should be enough obfuscation.
Casino will likely keep your transaction logs for a long period of time.
It is not a problem if you are trying to hide your coin source from your wife, but it could be a problem if you are trying to hide it from the government agency.
There are a lot of accountless-casinos, though. They shouldn't have logs I wouldn't think. At least nothing that's usable if you're on a proxy.
You should use a mixing service to mix your coins. Never use a service with logs though.
People keep talking about mixing services, but what about just using a casino? They generally move all funds to a central address, and then you can cash out. I'm pretty sure that should be enough obfuscation.
Casino will likely keep your transaction logs for a long period of time.
It is not a problem if you are trying to hide your coin source from your wife, but it could be a problem if you are trying to hide it from the government agency.
You should use a mixing service to mix your coins. Never use a service with logs though.
People keep talking about mixing services, but what about just using a casino? They generally move all funds to a central address, and then you can cash out. I'm pretty sure that should be enough obfuscation.
You should use a mixing service to mix your coins. Never use a service with logs though.
Yes, this in an option. But every transfer through a hot wallet what you not control is a risk for your coins.
If you are interested in a high level of anonymity for your existing coins, you may transfer them through several hot wallets of high volume. It could be exchanges, gambling sites, public mixers, etc. and using a chain of proxies to get a less traceable Internet connection.
You could try blockchain.info's "Shared Coin" (open source, based on CoinJoin) if you don't want to trust a third party.
It won't remove the link between your inputs and outputs completely. Instead, it groups multiple persons' inputs and outputs together and makes it very hard to trace the individual transaction.
Yes, this in an option. But every transfer through a hot wallet what you not control is a risk for your coins.
If you are interested in a high level of anonymity for your existing coins, you may transfer them through several hot wallets of high volume. It could be exchanges, gambling sites, public mixers, etc. and using a chain of proxies to get a less traceable Internet connection.
If you are interested in a high level of anonymity for your existing coins, you may transfer them through several hot wallets of high volume. It could be exchanges, gambling sites, public mixers, etc. and using a chain of proxies to get a less traceable Internet connection.
use more than two exchanges and turn your bitcoin in monero or another cryptonight coin that is less known, it should be enough to hide your transactions
or another simple thing is earning bitcoin through anon stuff like, signature campaign, mining or faucets
The exchanges have no obligations to delete your personal information after you use it hence, your information would be exposed nevertheless. or another simple thing is earning bitcoin through anon stuff like, signature campaign, mining or faucets
Bitcoin transactions aren't anonymous but they are pseudonymous. As long as you use a mixer eg. Bitmixer.io and do not post your address online after mixing, it can't be linked to you if you set it to have a long mixing time.
Did i get something wrong? i thought Xapo is a third-party wallet provider, too.
The bitmixer might be the right option for you but if you don't want to the third party involvement, check out Xapo.
you are right. but since you deposit in your address but withdrawal comes from another (or a bunch of) address(es) it can be used to mix the coins but you have to register on XAPO and give your personal information which defeats the purpose!
search for Zerocash. Probably we will see that as a sidechain in the future.
Thanks for the responses so far. I see that there is no simple way. I'll try the exchange "trick" with a small amount first.
You can use mixers, but if you don't know what you're doing you can do something that dirty's your process of trying to stay untraceable. You need to have a IP protection software installed...you can also flush bitcoin around on ALTCOIN Exchanges and that that would be a pretty sweet extra mix step to the game...never use the same address twice.
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