Is bitcoin anonymous? - page 2. | Bitcointalksearch.org

Ucy

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Quote from: eXtremal on October 27, 2021, 11:51:44 AM

Bitcoin is not completely anonymous. Moreover, as cryptocurrency enters the business industry. It became more publicized. Even today, cryptocurrency addresses also have their own labels so that they are easy to recognize. Usually this address, loading from a large exchange, such as huobi, bitfinex, binance.

Ofcourse, it's not completely anonymity-friendly but it's important that users can be anonymous atall. I think Bitcoin anonymity is reasonable ok... It would be easy to pinpoint where a leak comes from when you are exposed because it's clear who will have the resource to de-anonimize you. Anonymity is basically part of the design for the purpose of users security in a trustless/permissionless network. We can choose to improve on the anonymity feature in a way that benefits both the user and the community in terms of security

eXtremal

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Bitcoin is not completely anonymous. Moreover, as cryptocurrency enters the business industry. It became more publicized. Even today, cryptocurrency addresses also have their own labels so that they are easy to recognize. Usually this address, loading from a large exchange, such as huobi, bitfinex, binance.

Koro-Sensei

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Quote from: FulxilCoris on September 27, 2021, 05:45:55 PM

Quote from: Crptomagma on November 27, 2020, 02:08:18 PM

Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account.
We should be more concerned about to what level or extent is bitcoin anonymous ?

Well, to be more precise, Bitcoin is anonymous. I don't know if it's pseudo-anonymity, but if you have bitcoins on an unmanaged wallet there's really no way for anyone to find out. Once you make a transaction, again, the same thing. But do you really care about your anonymity when using bitcoin? Many bitcoin enthusiasts just focus their money and efforts on making more money after investing. Anonymity is not their concern and neither am I. My biggest concern about bitcoin is its profit.

Agreed. The fact that you tell no one that you own that address means no one has the ability to find it out. Probably theres no transaction that could lead to your identity. Not even IP address. You can use VPN if thats what makes you worry. In the other hand, in terms of its founding fathers, it was total anonymity. No one exactly knows who Satoshi is nor if its a group of people of just one genius guy.

Rufsilf

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Quote from: Crptomagma on November 27, 2020, 02:08:18 PM

Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account.
We should be more concerned about to what level or extent is bitcoin anonymous ?

What you said is right, bitcoin is pseudonymous rather than being anonymous. People isn't too knowledgeable what are this difference at all that's why we have some reported cases of bitcoin stolen from the owner who failed to secure their wallets.
We are just using a pseudonym after all and are using public addressing just like what you said op that looks like anonymous or unknown, but these addresses are just a scrambled letters and number but idea is the same, yes it can be traced by the IP you're using even if it's a VPN because these records are being written in the public ledger called blockchain.

Rajamuda

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Quote from: StLucifer on October 26, 2021, 01:33:25 PM

Seeing this question I was trying to wonder what the meaning of anonymous really is, to be anonymous is for something or someone to be unknown. If you are now saying that bitcoin is unknown I will like to ask further which aspect is it the originator or your address. Now I will say it's you that determine if you want your bitcoin to be anonymous or not.

After all, it's not a big problem, don't worry too much about Bitcoin being anonymous or not, what's clear here is that we must still be able to maintain security when transacting and avoid fraudulent/scams things. Just use the existing system and take advantage of sophisticated technology as a driver of our progress in terms of transactions or improve financial conditions, sometimes we can be said to be anonymous, and sometimes is not.

DarkDays

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Quote from: QuickAccount on September 28, 2021, 11:57:31 AM

Quote from: markdario112616 on September 27, 2021, 04:46:17 PM

Quote from: juliepower on September 27, 2021, 12:13:15 PM

Bitcoin is not anonymous some effort is required to protect your privacy with Bitcoin.The user behind the address is not revealed until the information goes out during a purchase or other

Then you're (Bitcoin) anonymous by just using your statement. It will be an effort to decode who you are, then you're privacy isn't at stake. Your address will definitely be reflected on the chain, once you traded and no it will still be revealed who you are by just the address. Not unless you publicly posted your Wallet address or you are too careless not to secure your assets. So yeah, despite how many trades you are into or purchases you made as long as you keep your tracks clean then there's nothing to worry about your anonymity.

After your wallet address is linked to an exchange, is not anonymous anymore, take the fake hitman 'redandwhite' from the silkroad. He held his bitcoin for many years before trying to cash out, before promptly being arrested because his name was linked to exchange he was trying to cash out at.

Bitcoin can be anonymous up to a point right? Since from the beginning all you're given are a couple of hashes acting as your private address. All that level of anonymity goes out the window the moment your wallet gets associated with a place which is KYC-ed, an exchange is a perfect example of this (as above).

In any way, this anonymity only runs to the point that your identity may not yet be linked to the address but of course all TX-es can be seen at any one time.

StLucifer

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Seeing this question I was trying to wonder what the meaning of anonymous really is, to be anonymous is for something or someone to be unknown. If you are now saying that bitcoin is unknown I will like to ask further which aspect is it the originator or your address. Now I will say it's you that determine if you want your bitcoin to be anonymous or not.

CDC AP

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The Bitcoin isn't anonymous, this cryptocurrency maintains a current, completely transparent ledger (log of transactions). While it is true that the coin owners are not identified by any immediately identifiable ID, payments using Bitcoins are not anonymous by design, and leak information.

dsisk91

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Have you guys tried CoinCircle?

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Quote from: Vlad2Vlad on October 21, 2021, 07:34:03 AM

I can’t believe this is being debated. I watched a panel or maybe a post by Luke dash Jr who literally said Bitcoin is the most traceable currency in the world. Being a top core dev, I’d just believe him and use CASH for your hookers and blow. Peace!

V

I don't know how exactly the debate went, but if he referred to the majority of Bitcoin users rather than the real geeks, he is probably right. My number isn't based on substance, just guess work, but I would say that at least 95% of the users would are easily prone to making mistakes in staying anonymous.

Still your point is right of course, if you know what you are doing everything is possible with Bitcoin.

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I can’t believe this is being debated. I watched a panel or maybe a post by Luke dash Jr who literally said Bitcoin is the most traceable currency in the world. Being a top core dev, I’d just believe him and use CASH for your hookers and blow. Peace!

V

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Quote from: Crptomagma on November 27, 2020, 02:08:18 PM

Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account.
We should be more concerned about to what level or extent is bitcoin anonymous ?

I checked whether BTC is anonymous or not? And I believe BTC can be 100% anonymous if users know how to cover their tracks. Convenience is appreciated, because we no longer carry physical money with our bare hands, that's why anonymity is important if you are the owner of this currency. And I'm sure BTC is completely anonymous, you can just track their tx hash and see the movement, also you can't tell who they are except you KYC on the exchange and that wallet code is yours The exchange allows you to use.

Ngewex Yuk

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Bitcoin is anonymous and we never know who owns the bitcoin wallet, but all bitcoin transactions are open so anyone can see the flow of bitcoin in and out, this is a better concept than a 100% anonymous banking system because no one knows who owns the account.

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Quote from: Crptomagma on November 27, 2020, 02:08:18 PM

Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account.
We should be more concerned about to what level or extent is bitcoin anonymous ?

Being anonymous is a concern to ourselves only. We do not want any users to identy who we are behind every transaction and use a pseudonym in order to hide our true identity. I honestly like to cover my tracks and being in pseudo anonymous state allows me to be private and for security purposes.

But I think we can't deny that while the bitcoin is anonymous to many, some criminals took advantage of it to commit fraud or to launder money because in that state they are anonymous to others and convert fiat currency to crypto but that's the downfall side.

Ucy

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Quote from: marilynmanson21 on September 29, 2021, 09:41:19 AM

I think anonymous is only for the founder, not for the owner, I say that because every time we trade on the exchange, and want to make a withdrawal, we are required to KYC so we as owners cannot be said to be anonymous because our data is owned by the exchange.

You can use Bitcoin anonymously or without your names attached to your coins as it's supposed to be, considering it's a public and trustless network. The anonymity can be considered a security feature if you use Bitcoin publicly or on its transparent network. Without it users with substantial amount of values/bitcoins on the public network are definitely taking serious risk

TribalBob

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bitcoin is not completely anonymous, where transaction data can be seen by certain parties such as existing exchanges, which require KYC or most basic fill in personal data
can be said to be anonymous if the coins we have do not go to the exchange, and only on our hard wallets

marilynmanson21

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I think anonymous is only for the founder, not for the owner, I say that because every time we trade on the exchange, and want to make a withdrawal, we are required to KYC so we as owners cannot be said to be anonymous because our data is owned by the exchange.

haasanjui

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Bitcoin is not anonymous it is famous in all world. It has its own value in Cryptocurrency, a digital currency. It is best coin for trading says investors.

QuickAccount

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Quote from: markdario112616 on September 27, 2021, 04:46:17 PM

Quote from: juliepower on September 27, 2021, 12:13:15 PM

Bitcoin is not anonymous some effort is required to protect your privacy with Bitcoin.The user behind the address is not revealed until the information goes out during a purchase or other

Then you're (Bitcoin) anonymous by just using your statement. It will be an effort to decode who you are, then you're privacy isn't at stake. Your address will definitely be reflected on the chain, once you traded and no it will still be revealed who you are by just the address. Not unless you publicly posted your Wallet address or you are too careless not to secure your assets. So yeah, despite how many trades you are into or purchases you made as long as you keep your tracks clean then there's nothing to worry about your anonymity.

After your wallet address is linked to an exchange, is not anonymous anymore, take the fake hitman 'redandwhite' from the silkroad. He held his bitcoin for many years before trying to cash out, before promptly being arrested because his name was linked to exchange he was trying to cash out at. In my opinion, they best way to keep your anonymity is to use a bitcoin mixer/tumbler. There are many websites that offer this kind of service.

Ucy

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Bisq is a Bitcoin Fiat Dex. Use responsibly

Quote from: FulxilCoris on September 27, 2021, 05:45:55 PM

Quote from: Crptomagma on November 27, 2020, 02:08:18 PM

Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account.
We should be more concerned about to what level or extent is bitcoin anonymous ?

Well, to be more precise, Bitcoin is anonymous. I don't know if it's pseudo-anonymity, but if you have bitcoins on an unmanaged wallet there's really no way for anyone to find out. Once you make a transaction, again, the same thing. But do you really care about your anonymity when using bitcoin? Many bitcoin enthusiasts just focus their money and efforts on making more money after investing. Anonymity is not their concern and neither am I. My biggest concern about bitcoin is its profit.

Pseudonym should fall under Anonymity. It's basically another form of Anonymity in my opinion.
By the way, I wouldn't say Bitcoin is Anonymous... It's like saying Japan is Anonymous. "Bitcoin" is the Name, The name is not Hidden. Bitcoin is not Anonymous. The Word Anonymous is for human beings or maybe living beings. Bitcoin is Anonymity friendly. Humans on the Network don't need to reveal their names, they are represented by their Public Addresses.

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