Yes, Bitcoin mixers are a must in the crypto market. Without them, Bitcoin would not be where it is today as it was used mostly for illegal transactions in the early days. These users needed a way to launder their coins to avoid being traced. Do not mix your own coins manually... it takes way too long and isn't as reliable as a professional mixing service.
Now, not all mixing is illegal. In fact, it is perfectly reasonable to want to mix your coins for a variety of reasons. I recommend ChipMixer as they are 100% FREE as opposed to the others who charge commissions.
Topic: Is Bitcoin Mixer a must? - page 3. (Read 1662 times)
There is a need to avail of the Bitcoin Mixer service if one is looking for more privacy and anonymity that the usual Bitcoin transaction may fail to provide. There are people who are using Bitcoin Mixer and they have their own reasons why they got the service. Avoiding getting tracked can be the main issue and that can be linked to total privacy. Of course, we might linked the use of mixers to illegal transactions but this is not all true in all cases.
If you are concerned about privacy, one of the first steps is to avoid spend-linking your addresses. It can be done by carefully selecting addresses for your incoming and outcoming transactions, and even having multiple wallets.
Here's an example - let's imagine you want to make a deposit in a casino, but gambling is banned in your country, so you need to prevent others from linking your addresses to your identity. If you have used exchange to buy Bitcoins, you can't send those coins directly to your casino deposit address, because casino addresses are very well knows, so exchange operator will know both your identity and the fact that you have used illegal gambling services, and can easily reveal this information to the police. But if you have coins that aren't linked to your person, like for example your payment for a signature campaign, you could send them to your casino account directly and stay anonymous, as long as you don't spend-link them with addresses that can be traced to you. So, in my example, if you will use coins from your signature campaign address and exchange address to pay to some address (no matter what it is), you will reveal the fact that you have deposited to a casino, even though it wasn't a direct transaction from your exchange account. This also means that you can potentially spend-link your mixed coins with addresses that are linked to your identity, effectively voiding your mixing. So plan your transactions carefully if privacy is a real concern to you.
This site - https://www.walletexplorer.com - allows you to check for connections between addresses and it also know what addresses belong to some services, like popular exchanges or casinos.
Here's an example - let's imagine you want to make a deposit in a casino, but gambling is banned in your country, so you need to prevent others from linking your addresses to your identity. If you have used exchange to buy Bitcoins, you can't send those coins directly to your casino deposit address, because casino addresses are very well knows, so exchange operator will know both your identity and the fact that you have used illegal gambling services, and can easily reveal this information to the police. But if you have coins that aren't linked to your person, like for example your payment for a signature campaign, you could send them to your casino account directly and stay anonymous, as long as you don't spend-link them with addresses that can be traced to you. So, in my example, if you will use coins from your signature campaign address and exchange address to pay to some address (no matter what it is), you will reveal the fact that you have deposited to a casino, even though it wasn't a direct transaction from your exchange account. This also means that you can potentially spend-link your mixed coins with addresses that are linked to your identity, effectively voiding your mixing. So plan your transactions carefully if privacy is a real concern to you.
This site - https://www.walletexplorer.com - allows you to check for connections between addresses and it also know what addresses belong to some services, like popular exchanges or casinos.
a bitcoin mixer is not the only way of mixing your coins and it is not even the best way of doing it. there are many different methods you can use to mix coins and each give you a different level of privacy.
in the end it will all come down to what you want out of this privacy. some people want to keep their affairs private. like for example you posted your bitcoin address on the forum but don't want anyone knowing how much bitcoin in total you own, or where you spend them.
but for some others they want to hide their illegal activities. and that is the tricky part.
i can't say it is a must or not but it is certainly good to have good services around.
in the end it will all come down to what you want out of this privacy. some people want to keep their affairs private. like for example you posted your bitcoin address on the forum but don't want anyone knowing how much bitcoin in total you own, or where you spend them.
but for some others they want to hide their illegal activities. and that is the tricky part.
i can't say it is a must or not but it is certainly good to have good services around.
What is the best way of mixing coins, if you don't mind me asking?
Almost everyone making online transactions thinks that using bitcoins would be a good way to stay anonymous. But the truth is bitcoin transactions are not really anonymous at all. All transactions are recorded and can be seen publicly through the blockchain. When you use your bitcoin to pay for goods and services online, you will need to provide some private information in some cases. This means that your transactions can be traced by a third party to find information. In order to avoid this from happening, bitcoin mixers provide services where your bitcoins are mixed with others to make it harder to be traced back from the original owner.
Do you think that it is a must for everyone to use a bitcoin mixer? Why and for what purposes?
Bitcoin mixer is an anonymous service, that confuses the trails of Bitcoin transactions.Do you think that it is a must for everyone to use a bitcoin mixer? Why and for what purposes?
Most of the bitcoin tumblers use the following technology: the client's funds are divided into smaller parts. These parts are mixed at random with similar parts of other clients. As a result, the client receives absolutely new coins.
Because of that, it became the cause for the bitcoin to be split on August 1st
a bitcoin mixer is not the only way of mixing your coins and it is not even the best way of doing it. there are many different methods you can use to mix coins and each give you a different level of privacy.
in the end it will all come down to what you want out of this privacy. some people want to keep their affairs private. like for example you posted your bitcoin address on the forum but don't want anyone knowing how much bitcoin in total you own, or where you spend them.
but for some others they want to hide their illegal activities. and that is the tricky part.
i can't say it is a must or not but it is certainly good to have good services around.
in the end it will all come down to what you want out of this privacy. some people want to keep their affairs private. like for example you posted your bitcoin address on the forum but don't want anyone knowing how much bitcoin in total you own, or where you spend them.
but for some others they want to hide their illegal activities. and that is the tricky part.
i can't say it is a must or not but it is certainly good to have good services around.
No one is definitely not needed many hardware wallets have many addresses and it sends from multiple and you can request with a new one
That hardly protects your privacy. Bitcoin mixers are a must especially if you deal with sensitive and often illegal activities online. But for your general Bitcoin usage, it is not really needed.
But if somebody knows our bitcoin address, then he can watch us as long as we use the same wallet. This is really bothering for me. I couldn' find a solution rather than btc mixer.
Well it is really in a users preference, some do not care about mixer some would make it a big deal depending on hiw much they transacting. Because for me i do not mind for this moment as i have yet make transactions bigger than .1 btc. Because they me publicized but i think it is untouchable and if were to become hackable there would have bewn a big issue on the security of blockchain.
No one is definitely not needed many hardware wallets have many addresses and it sends from multiple and you can request with a new one
That hardly protects your privacy. Bitcoin mixers are a must especially if you deal with sensitive and often illegal activities online. But for your general Bitcoin usage, it is not really needed.
But if somebody knows our bitcoin address, then he can watch us as long as we use the same wallet. This is really bothering for me. I couldn' find a solution rather than btc mixer.
No one is definitely not needed many hardware wallets have many addresses and it sends from multiple and you can request with a new one
That hardly protects your privacy. Bitcoin mixers are a must especially if you deal with sensitive and often illegal activities online. But for your general Bitcoin usage, it is not really needed.
I personally don't think so. I use bitcoin to pay for some various online services like proxies/VPSs, etc but I don't use mixers. Why? So what if they can track my funds on a certain wallet. I don't put all my bitcoins on one wallet, for my funds to be more organized and also to provide a layer of anonymity.
But yea, if you're a bit paranoid and or you want an extra layer of anonymity, then go ahead. Feel free to use mixers.
But yea, if you're a bit paranoid and or you want an extra layer of anonymity, then go ahead. Feel free to use mixers.
No one is definitely not needed many hardware wallets have many addresses and it sends from multiple and you can request with a new one
Almost everyone making online transactions thinks that using bitcoins would be a good way to stay anonymous. But the truth is bitcoin transactions are not really anonymous at all. All transactions are recorded and can be seen publicly through the blockchain. When you use your bitcoin to pay for goods and services online, you will need to provide some private information in some cases. This means that your transactions can be traced by a third party to find information. In order to avoid this from happening, bitcoin mixers provide services where your bitcoins are mixed with others to make it harder to be traced back from the original owner.
Do you think that it is a must for everyone to use a bitcoin mixer? Why and for what purposes?
Do you think that it is a must for everyone to use a bitcoin mixer? Why and for what purposes?
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