Topic: Is bitcoin anonymous? - page 6. (Read 2588 times)
Yes it is 100% anonymous. But it depends on users. Because if users can cover his privacy then its definitely anonymous. Though you are trying to say that a bitcoin user is traceable because his ip address. Yes it is possible. By this method a irregulated countries people got caught. If a users can be able to hide his real ip then it is a damn Anonymous. Actually what this anonymous means its actual meaning is two people doing something for each other but don't know each other. Is it? Then i think its a damn anonymous. Because bitcoin made via this system.
If you go through exchange then bitcoin is certainly not anonymous but in case you have your own wallet like electrum then it’s very hard to trace who is behind a particular bitcoin address. Lastly, there are many ways to hide your IP.
Well, perhaps for me that is Pseudonymous.The transaction of bitcoin can be tracked through the public ledger but it will not be linked directly to your areal identity. This can not be identified your real name but if someone will track the transaction it can be seen where it goes. I don't think bitcoin is completely anonymous because you can be traced using your IP address and it will link which exchange landed you bitcoin and exchange into fiat, unless --if the user will use coin mixer, that has a chance to increase the anonymity.
If you go through exchange then bitcoin is certainly not anonymous but in case you have your own wallet like electrum then it’s very hard to trace who is behind a particular bitcoin address. Lastly, there are many ways to hide your IP.
I think the right question concerning Bitcoin anonymity should be, can Bitcoin users be anonymous? Ofcourse they can. Anonymity is meant for people(or maybe living things?), by the way, not really Bitcoin. So people who run full nodes are anonymous by default. That's is basically part of Bitcoin feature.
Visa announced that it was partnering with Circle Internet Financial, the startup that raised $271 million dollars in developing the US Dollar Coin (USDC) digital currency on the Ethereum blockchain. The move will see Visa’s 60 million-strong merchant network connected to payments made in the digital currency USDC. The coin itself is now valued at around $2.9 billion
It is analyzed that bitcoin is arranged to be mysterious since the creatoe of it stay inconspicuous from the puclic. In spite of the fact that, there are articles that says bitcoin was not created to be mysterious a part of customers of it needs to stay remain covered up. Possibly since they might get trick and lose their cash. In the event that we are going attempt to create utilize of bitcoin in our everyday lives as a mode of installment and all, namelessness isn't a thing.If we compare with financial institutions the Bitcoin is free from any policy and provide fast transaction around the globe.
We can say that Bitcoin transactions are not completely anonymous, but rather "pseudonymous" transactions. A Bitcoin address is a long string of numbers and letters that are almost impossible to track for anyone.
A good read up:
https://bitcointalksearch.org/topic/bitcoin-transaction-is-pseudonymous-2866643
Bitcoin is Pseudonymous and some people doesnt know about it and still believe that it is completely untraceable.
Cipertrace company wont really be existing if Bitcoin is untraceable in the first place.
https://bitcointalksearch.org/topic/bitcoin-transaction-is-pseudonymous-2866643
Bitcoin is Pseudonymous and some people doesnt know about it and still believe that it is completely untraceable.
Cipertrace company wont really be existing if Bitcoin is untraceable in the first place.
There will be no privacy in bitcoin, bitcoin is not completely anonymous. existing transactions will be traceable to where the transaction ends. All will know the identity of the person who uses it. Scammers who steal bitcoins are also easy to track.
Never reveal your personal wallet if you don't want to be tracked to keep your privacy safe even though it's not 100% anonymous.
Never reveal your personal wallet if you don't want to be tracked to keep your privacy safe even though it's not 100% anonymous.
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Bitcoin is not truly anonymous because in a sophisticated way users can discover where to send their transactions. That is exactly why the bitcoin 2018 homepage took the word 'anonymous' out of the main headline at the top of the page.
Bitcoin is not anonymous so we have mixers. These mixers are helping anonymity and they are doing a great job of that.
If a person only uses Bitcoin to exchange P2P between addresses and away from centralized exchanges, don't worry too much about being exposed as they are outside of the KYC / AML database.
Bitcoin is not anonymous so we have mixers. These mixers are helping anonymity and they are doing a great job of that.
If a person only uses Bitcoin to exchange P2P between addresses and away from centralized exchanges, don't worry too much about being exposed as they are outside of the KYC / AML database.
Bitcoin is pseudo anonymous, Anonymity is depending on the uses style of the user. If user able to hide his personal information smartly then no one has the capability to find out him. I you use you own hardware wallet or non custodial wallet then your funds will remain anonymous no one will able to know who is the actual owner until you expose your personal data yourself.
People are using mixing service for hiding their multiple uses presence. Mixers has various purposes to use.
Bitcoin is not truly anonymous because in a sophisticated way users can discover where to send their transactions. That is exactly why the bitcoin 2018 homepage took the word 'anonymous' out of the main headline at the top of the page.
Bitcoin is not anonymous so we have mixers. These mixers are helping anonymity and they are doing a great job of that.
If a person only uses Bitcoin to exchange P2P between addresses and away from centralized exchanges, don't worry too much about being exposed as they are outside of the KYC / AML database.
But still bitcoin is anonymous although users can discover where Bitcoin address send their fund still if there are no kyc they will not know from who the bitcoin will be send. Anonymity of the sender and the receiver are hidden by the bitcoin address and this why I said that bitcoin is anonymous, we also know that here in forum anonymity are the one we are focusing because we don't want to know our personal identity especially here in the forum. Bitcoin is not anonymous so we have mixers. These mixers are helping anonymity and they are doing a great job of that.
If a person only uses Bitcoin to exchange P2P between addresses and away from centralized exchanges, don't worry too much about being exposed as they are outside of the KYC / AML database.
Bitcoin is not truly anonymous because in a sophisticated way users can discover where to send their transactions. That is exactly why the bitcoin 2018 homepage took the word 'anonymous' out of the main headline at the top of the page.
Bitcoin is not anonymous so we have mixers. These mixers are helping anonymity and they are doing a great job of that.
If a person only uses Bitcoin to exchange P2P between addresses and away from centralized exchanges, don't worry too much about being exposed as they are outside of the KYC / AML database.
Bitcoin is not anonymous so we have mixers. These mixers are helping anonymity and they are doing a great job of that.
If a person only uses Bitcoin to exchange P2P between addresses and away from centralized exchanges, don't worry too much about being exposed as they are outside of the KYC / AML database.
We should be more concerned about to what level or extent is bitcoin anonymous ?
We don't need to be concerned about that level, we just need to know how anonymous is it.
It is on us how we will be taking that knowledge and use it. What will you be doing knowing that Bitcoin is pseudo-anonymous?
Are you planning to do a crime? Are you hiding from the law? Pseudo-anonymous or not, it is all on you on how you will be using that feature. You should know that all of the transactions happening are so clear on the blockchain.
nope all traceable
Traceable can still be anonymous.
Buy bitcoin with cash and you'll see how traceable it is.
Bitcoin is anonymous if you put an effort into using it. Buy it at Coinbase and you can say goodbye to privacy.
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 ?
We should be more concerned about to what level or extent is bitcoin anonymous ?
I believe that depends on where you are keeping your Bitcoins personally. Every wallet has different security and even exchanges have their own security. Bitcoin as a whole is something that we can use publicly with the public address that we can use and having the private key is the one thing that is keeping it anonymous. Cryptocurrency wallets and exchanges also provide the same type of situation so I guess those are the two things that really create if "Bitcoin is anonymous".
Bitcoin is fully transparent on the blockchain. So if you buy drugs or do buy some shady shit with bitcoin, it’ll forever be on the blockchain and can be traced.
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 ?
We should be more concerned about to what level or extent is bitcoin anonymous ?
Pseudoanonymous means it is not anonymous but gives the false perception that it is. However this was never the perception of anyone that has basic knowledge of IT and how the internet works.
This term means that Bitcoin is not anonymous and this term (anonymity) only has two values. ON and OFF. Either it is or it isn't anonymous, there is no high or lower level of anonymity as some suggest.
In my opinion, anonymity is one of the main ideas that stand
not only behind Bitcoin but also behind all cryptocurrencies. Anonymity and independence, that's where it all starts.
If you think that anonymity is the main idea that stands in all of cryptocurrencies then you are wrong as long as you are using exchanges that are forcing you to fill in your private information and even after providing your documents if you think that you are anonymous then i should say that you are joking not only behind Bitcoin but also behind all cryptocurrencies. Anonymity and independence, that's where it all starts.
. There are coins that gives you anonymity but once you send them to an exchange or for purchasing anything your cover is blown .
nope all traceable
BITCOIN is not anonymous, more precisely, BITCOIN is anonymous only within the bounds of the layman, that is, its anonymity is only for the common people, otherwise, BITCOIN leaves its mark, which we can trace.
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