How to "wash" your coins - page 2. | Bitcointalksearch.org

owm123

sr. member

Activity: 392

Merit: 250

Quote from: StateOfAffairs on November 07, 2015, 11:40:29 PM

Quote from: FruitsBasket on November 06, 2015, 02:34:17 PM

I am ineterested on how to wash your coins. By that I mean that I get my coins inn a new address but untraceable?

It is not that I am doing something wrong. I am just interested.

Use a mixer?

Using mixer you can end up with coins dirtier than your own, as others also want to mix their own possibly "dirty" coins.

StateOfAffairs

newbie

Activity: 16

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Quote from: FruitsBasket on November 06, 2015, 02:34:17 PM

I am ineterested on how to wash your coins. By that I mean that I get my coins inn a new address but untraceable?

It is not that I am doing something wrong. I am just interested.

Use a mixer?

Battareus

hero member

Activity: 826

Merit: 501

What happens if I deposited on cryptsy then withdraw this can be tracked? I saw what as soon as I deposited, my bitcoins left my address (on exchange) and when I withdraw they come from others addresses.

ranochigo

legendary

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Crypto Swap Exchange

Quote from: Goldman Sucks on November 07, 2015, 01:44:54 PM

Quote from: Jeremycoin on November 07, 2015, 09:39:53 AM

Cash it first and then buy the Bitcoin again.
Also don't use just 1 address, share it to many addresses.

How do you cash it? Do you do that in exchanges? Then the exchange will have your information. The exchange will also know which address you send the bitcoin t.

Yes. The exchange would be able to trace it. However, you can use an alt coin exchange and exchange it into an alt coin, cash it out on another exchange. While using different VPN IPs. It is slightly risky due to the volatility, but it is still better than mixers.

carlo_0000

legendary

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a way to make no traceable

bitcoin addresse A to exchange account 1 buy dash to darkcoin wallet A

use the darkcoin mixer in the wallet send to you second darkcoin wallet B

then send to exchange account 2 and withdraw to btc to you btw wallet B

in place of dash you can use an other coin with mixer or similar
or simply buy more different coins if you have a lot

you also need to use 2 different ip for you exchange website,using tor is possible

you can also put your wallets on the Tor network (using the proxy)

(you can also make more than 2 wallets and send dash to them, but you also gonna need more accounts on exchange)

never do all of that one 1 computer because you probably gonna forget to change you ip or you accidentally login on your second exchange with ip used for exchange 1 ...

use at lease 2 computers

erre

legendary

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Just look at my signature Wink

BADecker

legendary

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Wallets or the Bitcoin program need to have interior blockchains, built right in, where you can convert the bitcoins from one of your addresses to another, newer, address... right inside your own wallet or program. The interior blockchain would keep you from duplicating coins.

DiamondCardz

legendary

Activity: 1134

Merit: 1118

Quote from: ?? on ??

Can i ask you ? why you interested to wash your coins ?

About half of the people who wash their coins are trying to launder them or not be connected to activities related to scamming, while the other half are genuinely just looking for privacy and do not want to be traced through their transactions, especially for large transactions of thousands of BTC.

FruitsBasket

legendary

Activity: 1232

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Quote from: ?? on ??

Use some mixer like the famous site Bitmixer.io . Tongue

Or you can send your bitcoin to some dice site or gambling site and don't play it, withdraw your bitcoin to another addres well it done. Cheesy

Can i ask you ? why you interested to wash your coins ?

Just curious about what you can do with bitcoin, like: store them, use dor illegal activitys, buying and selling.
So I am just interested in how bitcoin works, and why it works that way.

knowhow

hero member

Activity: 560

Merit: 500

Well the thing is how you wanna to wash your coins ,using an exchange and creating a new account would easy give no trace where the bitcoins went.

Soros Shorts

donator

Activity: 1617

Merit: 1012

Quote from: omahapoker on November 07, 2015, 08:59:47 AM

Why do you want to wash your coins, is the next question...

its always traceable

For the same reasons you would want your banking transactions private. With the blockchain anybody can view your transactions if they know your addresses. This is not so with your banking transactions, where the authorities can only view them with a court order. So to protect your blockchain transactions from being analyzed by the whole world some form of obscurity is required.

A simple way to do this without taking too much risk is to open a localbitcoins account and deposit some BTC there. After sometime, withdraw them to a different address/wallet.

Goldman Sucks

newbie

Activity: 4

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Quote from: Jeremycoin on November 07, 2015, 09:39:53 AM

Cash it first and then buy the Bitcoin again.
Also don't use just 1 address, share it to many addresses.

How do you cash it? Do you do that in exchanges? Then the exchange will have your information. The exchange will also know which address you send the bitcoin t.

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: omahapoker on November 07, 2015, 08:59:47 AM

Why do you want to wash your coins, is the next question...

its always traceable

it's never traceable actually, if you don't attach your name on something that you need to buy and ship to your address

for gaming for example there is no trace left, mixer is useless in that case

owm123

sr. member

Activity: 392

Merit: 250

Quote from: BillyBobZorton on November 07, 2015, 09:31:39 AM

Quote from: Mickeyb on November 06, 2015, 03:04:19 PM

Quote from: FruitsBasket on November 06, 2015, 02:34:17 PM

I am ineterested on how to wash your coins. By that I mean that I get my coins inn a new address but untraceable?

It is not that I am doing something wrong. I am just interested.

Different tumblers and mixers do exist but people claim that these are not 100% sure, that they don't work 100% as advertised. This what you want to do is actually quite hard to do, as the address trail will almost always be left somewhere.

Bitcoin is semi anonymous, it protects your real world info very well if you are careful enough not to attach it to the certain address. Addresses on the other hand are quite hard to hide since they are seen and findable by everyone on the blockchain.

The problem with mixers and tumblers is they are centralized. You are basically trusting that they will not keep logs and hand those logs when asked for by the feds or whatever. So if OP is doing something "fishy", i wouldn't 100% trust mixers.

Exactly. This. Bitcoin is not not anonymous (http://www.bitcoinisnotanonymous.com/) and these are the issues people need consider.

Also, by mixing you can end up with coins which are dirtier than your original ones. There is also chance that mixers or similar services are run or by feds, as they now ppl with dirty coins will try to go to them.

anthonycamp

sr. member

Activity: 322

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i find some ilegallity into this but if govs do not promote crime why not go on to govnermets or its like commies into you parties?

DiamondCardz

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Quote from: omahapoker on November 07, 2015, 08:59:47 AM

Why do you want to wash your coins, is the next question...

its always traceable

It's not wholly traceable if you use a mixer that actually works properly. The only thing that could be gathered from your transactions from the address you send from is that you did actually mix your coins, if someone is able to identify it as being obviously mixed.

Jeremycoin

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𝓗𝓞𝓓𝓛

Cash it first and then buy the Bitcoin again.
Also don't use just 1 address, share it to many addresses.

dexX7

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Activity: 1106

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I'm surprised no one mentioned JoinMarket:

BillyBobZorton

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Merit: 1028

Quote from: Mickeyb on November 06, 2015, 03:04:19 PM

Quote from: FruitsBasket on November 06, 2015, 02:34:17 PM

I am ineterested on how to wash your coins. By that I mean that I get my coins inn a new address but untraceable?

It is not that I am doing something wrong. I am just interested.

Different tumblers and mixers do exist but people claim that these are not 100% sure, that they don't work 100% as advertised. This what you want to do is actually quite hard to do, as the address trail will almost always be left somewhere.

Bitcoin is semi anonymous, it protects your real world info very well if you are careful enough not to attach it to the certain address. Addresses on the other hand are quite hard to hide since they are seen and findable by everyone on the blockchain.

The problem with mixers and tumblers is they are centralized. You are basically trusting that they will not keep logs and hand those logs when asked for by the feds or whatever. So if OP is doing something "fishy", i wouldn't 100% trust mixers.

omahapoker

hero member

Activity: 868

Merit: 1000

Why do you want to wash your coins, is the next question...

its always traceable

Topic: How to "wash" your coins - page 2. (Read 3804 times)