How traceable is bitcoin? | Bitcointalksearch.org

kenbytes

sr. member

Activity: 392

Merit: 250

Quote from: VirosaGITS on August 24, 2015, 02:38:06 PM

Quote from: kenbytes on August 24, 2015, 02:32:35 PM

Thanks guys is better when you know how it works . tanks a lott Wink

Cheers, try tracing yourself.

https://blockchain.info/

Input an address, see where the money came from, where it went, then you can click that transaction and navigate through the whole history of the coins back from where it was generated all the way to when it became yours and where it is now after you sent it.

tanks man for the information ...i will look at this

VirosaGITS

legendary

Activity: 1302

Merit: 1068

Quote from: kenbytes on August 24, 2015, 02:32:35 PM

Thanks guys is better when you know how it works . tanks a lott Wink

Cheers, try tracing yourself.

https://blockchain.info/

Input an address, see where the money came from, where it went, then you can click that transaction and navigate through the whole history of the coins back from where it was generated all the way to when it became yours and where it is now after you sent it.

kenbytes

sr. member

Activity: 392

Merit: 250

Thanks guys is better when you know how it works . tanks a lott Wink

VirosaGITS

legendary

Activity: 1302

Merit: 1068

Quote from: AtheistAKASaneBrain on August 24, 2015, 11:02:25 AM

I think you are private as long as you don't convert to fiat. If you convert to fiat any other way that isn't meeting with a person irl and exchanging for cash in a irl phone transaction then it's recorded somewhere and usually to convert to fiat you need some credentials.

Yeah but you're not breaking your tractability, you're making yourself even more vulnerable. Now all your transactions are linked to someone else's transaction and that person can identify you in court unless you hide your face.

AtheistAKASaneBrain

hero member

Activity: 770

Merit: 509

I think you are private as long as you don't convert to fiat. If you convert to fiat any other way that isn't meeting with a person irl and exchanging for cash in a irl phone transaction then it's recorded somewhere and usually to convert to fiat you need some credentials.

ashour

sr. member

Activity: 490

Merit: 250

Quote from: kenbytes on August 22, 2015, 06:33:30 PM

I've had a credit card stolen, and while I've cancelled everything with the bank, and looking online I think I cancelled early enough, they've told me some transactions might go through. If they buy bitcoin, is there a way of reporting and catching the bastards? Or are they untraceable?

Well if they manage to buy bitcoin with your CC the first thing they would do is to use a bitcoin mixer and mix the coins so it they won't be traced back. To answer your question : No, bitcoins aren't easy to trace and if a coin mixer is used it would be impossible to trace any bitcoins.

astrobitcoin

full member

Activity: 134

Merit: 100

every transaction is public, that means with a script is possible to crawl the block chain and track every address / input you need to know.

knowing this you can:

- avoid to associate your real identity to a bitcoin address
- avoid to pay from exchanges where you registered with your email or identity
- avoid to use web wallets without a vpn

etc.

lahm-44

sr. member

Activity: 336

Merit: 250

bitcoin network is completely untraceble but some how you can trace some part of it..but that generally depends what type of wallet or which wallet you are using like the simple exampke is blockchain wallet we can simple see where we have sent those coins and where did that recivee has sent those until some ine use a differnt wallet than blockchai.info qnd that's how it works

Kprawn

legendary

Activity: 1904

Merit: 1074

I think this is one of the main reasons some people still prefer credit cards over Bitcoin. They are the type of people who are satisfied that a central organization have complete access to their financial privacy and

they are willing to pay huge fee's for the extra consumer protection built into these services to protect them. Bitcoin will not support this, but 3rd party services will offer this protection for a fee.

People need to understand that Bitcoin gives you the freedom to control your finances, and you do not have to rely on these central 3rd parties for protection. This come at a price, because you lose the consumer

protection. Bitcoin does make up for this, by introducing escrow services as a alternative service to these 3rd parties... but it's not the ideal solution, because it places the risk on a central 3rd party again. Sad

VirosaGITS

legendary

Activity: 1302

Merit: 1068

Quote from: NorrisK on August 24, 2015, 02:27:17 AM

I guess that if they send it through a mixer before an exchange, there is no way to link it to the credit card anymore... Especially if they hid their IP.

It would work fairly well, yes.

People seem to get confused with my A to Z thing, it more or less matter, but its just to say if the A is dirty BTC, you need to break the chain before doing anything with it. Turning to fiat, purchasing, using, trading, etc. Otherwise you link the A to your identity. Its pretty hard to spend BTC anonymously.

More simply. It doesn't matter if A doesnt have your personal information. If Z does. A will be linked to you.

MinerHQ

legendary

Activity: 1456

Merit: 1023

Quote from: Mickeyb on August 24, 2015, 02:11:45 AM

Quote from: MinerHQ on August 24, 2015, 02:05:59 AM

Quote from: VirosaGITS on August 24, 2015, 01:43:06 AM

Quote from: MinerHQ on August 24, 2015, 01:32:07 AM

Quote from: Delek on August 23, 2015, 05:11:53 PM

The point is that btc is 100% traceable. It is up to you to hide your name from addresses.

How btc address can be traced? If one don't provide any phone # or ID proof to open account then I don't think any once can trace the btc address owner.

The transactions are 100% traceable. It doesn't mean they're going to get your phone number.
It means every transactions sent from X to Y are traced. This create a trace-ability.

You need to either mix your BTC with a service or break the trace-ability from BTC in the end -> Fiat, purchase, etc.

Otherwise it doesn't matter how many transactions the funds go through, A->B->C->D->E->Online Purchase. A will be linked to Online Purchase. And thus you can link addresses together if they interact together. Then all of those will be linked to your Online identify. If that is linked in anyway to personal information, then A will be linked to your real life identity.

Thanks for the detailed information. But if A don't provide any of his personal information then if you trace the btc address also no use because one do not know who owns that btc right?

Well exactly this! You can trace Bitcoin transaction even from A-Z but if A doesn't provide its personal info, it will be known only as 1gtaaa5.. and nothing else. I would call Bitcoin semi-tracable actually. You can trace pretty well transactions from the end to the beginning, but you can still hide your identity if you have never revealed it in the first place.

So in a sense, Bitcoin reveals more than lets say cash, but hides better than lets say online banking.

As long as you can't trace the owner of the bitcoin then we can say it is not traceable. It all depends on how people use it.

NorrisK

legendary

Activity: 1946

Merit: 1007

I guess that if they send it through a mixer before an exchange, there is no way to link it to the credit card anymore... Especially if they hid their IP.

kpitti

legendary

Activity: 924

Merit: 1002

Quote from: MinerHQ on August 24, 2015, 02:05:59 AM

Quote from: VirosaGITS on August 24, 2015, 01:43:06 AM

Quote from: MinerHQ on August 24, 2015, 01:32:07 AM

Quote from: Delek on August 23, 2015, 05:11:53 PM

The point is that btc is 100% traceable. It is up to you to hide your name from addresses.

How btc address can be traced? If one don't provide any phone # or ID proof to open account then I don't think any once can trace the btc address owner.

The transactions are 100% traceable. It doesn't mean they're going to get your phone number.
It means every transactions sent from X to Y are traced. This create a trace-ability.

You need to either mix your BTC with a service or break the trace-ability from BTC in the end -> Fiat, purchase, etc.

Otherwise it doesn't matter how many transactions the funds go through, A->B->C->D->E->Online Purchase. A will be linked to Online Purchase. And thus you can link addresses together if they interact together. Then all of those will be linked to your Online identify. If that is linked in anyway to personal information, then A will be linked to your real life identity.

Thanks for the detailed information. But if A don't provide any of his personal information then if you trace the btc address also no use because one do not know who owns that btc right?

Yes, this is basicaly true if you not provide any personal information then there is no link in between your addresses and you personal identity. In number of exchanges you are requested to provide your identity. So this can be just an example where link can be found.

Mickeyb

hero member

Activity: 798

Merit: 1000

Move On !!!!!!

Quote from: MinerHQ on August 24, 2015, 02:05:59 AM

Quote from: VirosaGITS on August 24, 2015, 01:43:06 AM

Quote from: MinerHQ on August 24, 2015, 01:32:07 AM

Quote from: Delek on August 23, 2015, 05:11:53 PM

The point is that btc is 100% traceable. It is up to you to hide your name from addresses.

How btc address can be traced? If one don't provide any phone # or ID proof to open account then I don't think any once can trace the btc address owner.

The transactions are 100% traceable. It doesn't mean they're going to get your phone number.
It means every transactions sent from X to Y are traced. This create a trace-ability.

You need to either mix your BTC with a service or break the trace-ability from BTC in the end -> Fiat, purchase, etc.

Otherwise it doesn't matter how many transactions the funds go through, A->B->C->D->E->Online Purchase. A will be linked to Online Purchase. And thus you can link addresses together if they interact together. Then all of those will be linked to your Online identify. If that is linked in anyway to personal information, then A will be linked to your real life identity.

Thanks for the detailed information. But if A don't provide any of his personal information then if you trace the btc address also no use because one do not know who owns that btc right?

Well exactly this! You can trace Bitcoin transaction even from A-Z but if A doesn't provide its personal info, it will be known only as 1gtaaa5.. and nothing else. I would call Bitcoin semi-tracable actually. You can trace pretty well transactions from the end to the beginning, but you can still hide your identity if you have never revealed it in the first place.

So in a sense, Bitcoin reveals more than lets say cash, but hides better than lets say online banking.

MinerHQ

legendary

Activity: 1456

Merit: 1023

Quote from: VirosaGITS on August 24, 2015, 01:43:06 AM

Quote from: MinerHQ on August 24, 2015, 01:32:07 AM

Quote from: Delek on August 23, 2015, 05:11:53 PM

The point is that btc is 100% traceable. It is up to you to hide your name from addresses.

How btc address can be traced? If one don't provide any phone # or ID proof to open account then I don't think any once can trace the btc address owner.

The transactions are 100% traceable. It doesn't mean they're going to get your phone number.
It means every transactions sent from X to Y are traced. This create a trace-ability.

You need to either mix your BTC with a service or break the trace-ability from BTC in the end -> Fiat, purchase, etc.

Otherwise it doesn't matter how many transactions the funds go through, A->B->C->D->E->Online Purchase. A will be linked to Online Purchase. And thus you can link addresses together if they interact together. Then all of those will be linked to your Online identify. If that is linked in anyway to personal information, then A will be linked to your real life identity.

Thanks for the detailed information. But if A don't provide any of his personal information then if you trace the btc address also no use because one do not know who owns that btc right?

VirosaGITS

legendary

Activity: 1302

Merit: 1068

Quote from: MinerHQ on August 24, 2015, 01:32:07 AM

Quote from: Delek on August 23, 2015, 05:11:53 PM

The point is that btc is 100% traceable. It is up to you to hide your name from addresses.

How btc address can be traced? If one don't provide any phone # or ID proof to open account then I don't think any once can trace the btc address owner.

The transactions are 100% traceable. It doesn't mean they're going to get your phone number.
It means every transactions sent from X to Y are traced. This create a trace-ability.

You need to either mix your BTC with a service or break the trace-ability from BTC in the end -> Fiat, purchase, etc.

Otherwise it doesn't matter how many transactions the funds go through, A->B->C->D->E->Online Purchase. A will be linked to Online Purchase. And thus you can link addresses together if they interact together. Then all of those will be linked to your Online identify. If that is linked in anyway to personal information, then A will be linked to your real life identity.

MinerHQ

legendary

Activity: 1456

Merit: 1023

Quote from: Delek on August 23, 2015, 05:11:53 PM

The point is that btc is 100% traceable. It is up to you to hide your name from addresses.

How btc address can be traced? If one don't provide any phone # or ID proof to open account then I don't think any once can trace the btc address owner.

VirosaGITS

legendary

Activity: 1302

Merit: 1068

Quote from: MoorChael on August 23, 2015, 03:27:13 PM

Quote from: Brewins on August 22, 2015, 06:53:21 PM

there are traces left in bitcoin network that may allow people or organization to link transactions and addresses to people.

for example, if you are in a exchange and send your docs to buy and sell bitcoin.

and your IP is revealed to the peers when you send a transaction if you don't mask your IP

As you can disguise your IP?

Yes you can "disguise your IP" by using VPN, some SPV wallets like MultiBit HD is working on Tor integration so that will honestly will fix most of the theoretical spying. However Tor is not 100% faultproof so taking basic precautions is still required or highly suggested.

Its only very hard to tell and prove who own an address without some user doing an action that reveal himself.

Jeremycoin

legendary

Activity: 1022

Merit: 1003

𝓗𝓞𝓓𝓛

Bitcoin is Anonymous, which means if we can find the address we may not able find who owns it.

Delek

full member

Activity: 157

Merit: 103

Salí para ver

The point is that btc is 100% traceable. It is up to you to hide your name from addresses.

Topic: How traceable is bitcoin? (Read 3536 times)