Topic: Is bitcoin really anonymous? - page 25. (Read 2002 times)
Bitcoin is not really anonymous, maybe the identity can be hidden but when you do the transactions everything is registered to the block chain. Then when time comes that you need to get your profit and convert it into money you need to tell some of your true information that is why Bitcoin is not totally anonymous.
It's not completely anonymous and there is more coins that cares about privacy like Monero and Dash and more coins based on TOR network.
My questions is not on the technical side, since obviously you can create an address in a very much anonymous way. However, when it comes to spending it or convert it into fiat or even when spending it on a legit shop online you have to leave an identity trace.
I know that with small transactions is fine, under the radar basically, but what happens with significant ammounts?
I am asking this because I intend to become rich in 4 or 5 weeks
I know that with small transactions is fine, under the radar basically, but what happens with significant ammounts?
I am asking this because I intend to become rich in 4 or 5 weeks
For smaller transactions like you mentioned it's anonymous but if you are converting to fiat or such then it's hard to do this and retain anonymity. You can try find a private buyer and that way you should be able to do so.
Its not completely anonymous, but pseudoanonymous one.. every transactions on bitcoin is registered on a ledger called the blockchain. On blockchain, only the bitcoin address and amount of bitcoin that was received or sent can been seen, but not the personal information of the sender or receiver (such as name, age, etc). However, every transactions made are publicized to the entire bitcoin network.
It means that we can't hide our identity any longer. Though we are anonymous in blockchain but we can't hide it in some exchanger because we need to verify our account with complete identification. From time to time, it could be possible that our identity in blockchain is no longer anonymous, instead it could be publicized and everyone will recognized .
Bitcoin is anonymous until nobody connects you with your bitcoin address. In that moment, all your transaction will be exposed.
Out to use multiple addresses, the best idea is to use a scramble.
In this case, it will be very difficult to catch you.
Out to use multiple addresses, the best idea is to use a scramble.
In this case, it will be very difficult to catch you.
i think with creating a bot on bitcointalk you can find everyones username and adress and from there may be the facebook link and twitter. If it is really anonymous then you must be too anonymous.
The anonymous here I think is in the sense that the bitcoin owner will not leave any trace that other people can hunt for, which makes me really like bitcoin and invest in it. Bitcoin is giving the world a very different view of the cryptocurrency market and the practical applications that it can do are huge, not just a place to hide assets and speculation. 
No, of course no, the blockchain is 100% visible, and everybody can see your entire balance.
The only thing that is impossible, is just to know WHO is the real one who is managing that wallet, that is clearly impossible.
The only thing that is impossible, is just to know WHO is the real one who is managing that wallet, that is clearly impossible.
i think with creating a bot on bitcointalk you can find everyones username and adress and from there may be the facebook link and twitter. If it is really anonymous then you must be too anonymous.
It depends on how you use it. It can be, but you need to be careful. There are much better options out there at the moment like DeepOnion which runs natively on the TOR network. Their DeepSend function will be live in Q2 of this year. That's the future of anonymity.
My questions is not on the technical side, since obviously you can create an address in a very much anonymous way. However, when it comes to spending it or convert it into fiat or even when spending it on a legit shop online you have to leave an identity trace.
I know that with small transactions is fine, under the radar basically, but what happens with significant ammounts?
I am asking this because I intend to become rich in 4 or 5 weeks
At localbitcoin you can actually spend your bitcoin anonymous and you can actually perform transactions without actually dispose your identities. Bitcoin transactions is completely anonymous in some countries and we should have to classified it country by country. There are some countries that you most dispose all your financial transactions and there are regulatory authorities that will implement that. I have tried to also make my crypto currencies transactions as public as possible in other to be able to be saved on my transactions. I know that with small transactions is fine, under the radar basically, but what happens with significant ammounts?
I am asking this because I intend to become rich in 4 or 5 weeks
My questions is not on the technical side, since obviously you can create an address in a very much anonymous way. However, when it comes to spending it or convert it into fiat or even when spending it on a legit shop online you have to leave an identity trace.
I know that with small transactions is fine, under the radar basically, but what happens with significant ammounts?
I am asking this because I intend to become rich in 4 or 5 weeks
It is anonymous to some length. If you know a person irl and you send/receive some bitcoins from him, he can keep track of your bitcoin holdings. However a random person would not waste his time on looking at some random person's bitcoins. If a person uses a mixing service, then he can try to make himself anonymous.I know that with small transactions is fine, under the radar basically, but what happens with significant ammounts?
I am asking this because I intend to become rich in 4 or 5 weeks
Having said that, When you convert, it's not going to affect your anonymity much, except that the other person would know your bank details, your bitcoin Addy and what not.
When you buy in an online store, they'd know your IP address, if you a VPN, then you can fool them.
Anonymity is various kind.
Bitcoin now is in the light, so - even in theory it's anonymous - it's very difficult to cash it in anonymous way.
But with a little intelligence and organization, you can still move big sums without to be caught.
Of course, this is illegal, so...it's up to you.
But with a little intelligence and organization, you can still move big sums without to be caught.
Of course, this is illegal, so...it's up to you.
My questions is not on the technical side, since obviously you can create an address in a very much anonymous way. However, when it comes to spending it or convert it into fiat or even when spending it on a legit shop online you have to leave an identity trace.
I know that with small transactions is fine, under the radar basically, but what happens with significant ammounts?
I am asking this because I intend to become rich in 4 or 5 weeks
I know that with small transactions is fine, under the radar basically, but what happens with significant ammounts?
I am asking this because I intend to become rich in 4 or 5 weeks
Well, i really do not think that bitcoin can be anything close to being anonymous since as what a lot of people revealed, bitcoin transactions can truly be traced. That is, if you do not use mixers. But, even doing so, you still can never remain anonymous since sooner or later you will have to convert into fiat to make use of those bitcoins you have. But if you are referring to making anonymous transactions, then you cam use, monero.
My questions is not on the technical side, since obviously you can create an address in a very much anonymous way. However, when it comes to spending it or convert it into fiat or even when spending it on a legit shop online you have to leave an identity trace.
I know that with small transactions is fine, under the radar basically, but what happens with significant ammounts?
I am asking this because I intend to become rich in 4 or 5 weeks
government can know you when cashing bitcoin.I know that with small transactions is fine, under the radar basically, but what happens with significant ammounts?
I am asking this because I intend to become rich in 4 or 5 weeks
bitcoin also record all transaction so it’s not really anonymous. try some altcoins will give you better solution.
My questions is not on the technical side, since obviously you can create an address in a very much anonymous way. However, when it comes to spending it or convert it into fiat or even when spending it on a legit shop online you have to leave an identity trace.
I know that with small transactions is fine, under the radar basically, but what happens with significant ammounts?
I am asking this because I intend to become rich in 4 or 5 weeks
I know that with small transactions is fine, under the radar basically, but what happens with significant ammounts?
I am asking this because I intend to become rich in 4 or 5 weeks
Bitcoin is not the best option is you really want an anonymous form of payment. If that is essential to you I would go to Monero right now. Bitcoin will become more anonymous once the lightning network and atomic transactions get implemented, but even now, using an address with segwit also helps, since segwit enables the use of tumblebit, that is a payment hub that allows off-chain transactions to be made.
The news that I got from friends, Bitcoin is not anonymous, more precisely pseudo anonymous, some veteran Bitcoin know this,
Chances It's still unclear to many new people stepping in bitcoin world.
Chances It's still unclear to many new people stepping in bitcoin world.
Everyone could see the transactions are on the chain. You just see the whole list of transactions. But if you not careful you can left some clues (i.e. exchanges sites)
And I suppose there's so low chance to identify most addresses on the chain. So just be careful with handling system and you'll be anonymize to some extent.
And I suppose there's so low chance to identify most addresses on the chain. So just be careful with handling system and you'll be anonymize to some extent.
Yes! Bitcoin is really anonymous. There are some says that Bitcoin should spread and become well-known. But there are also some who wants to hide bitcoins identity since there are dangers when it became popular.
That would really depend on the type of wallet that you are using as well as the application because cryptocurrency centralized exchanges tend to verify the identity of its customer implementing the KYC policy before the full usage of its wallet and exchange, some of them even requiring the customers social media accounts and ID's for a certain functions to activate, but if you are using wallets that you own private keys, your identity will be anonymous but the transparency of the transaction is still there. My questions is not on the technical side, since obviously you can create an address in a very much anonymous way. However, when it comes to spending it or convert it into fiat or even when spending it on a legit shop online you have to leave an identity trace.
I know that with small transactions is fine, under the radar basically, but what happens with significant ammounts?
I am asking this because I intend to become rich in 4 or 5 weeks
Yes it is really anonymous because we can't also predict what will be the price for tomorrow even the creator or the owner he/she is anonymous. This is really amazing that even it is anonymous their are some of us become millionaire because of it. We can create wallet just like we create a millionaire of money in our real wallet. Bitcoin is really do amazing and anonymous things that other jobs or manager or banks can't do. The anonymous of bitcoin will make us rich. I know that with small transactions is fine, under the radar basically, but what happens with significant ammounts?
I am asking this because I intend to become rich in 4 or 5 weeks
My questions is not on the technical side, since obviously you can create an address in a very much anonymous way. However, when it comes to spending it or convert it into fiat or even when spending it on a legit shop online you have to leave an identity trace.
I know that with small transactions is fine, under the radar basically, but what happens with significant ammounts?
I am asking this because I intend to become rich in 4 or 5 weeks
All the bitcoin transactions are fully anonymous and no one can trace us using with the address but the identity needed for using bitoins in shops will not be a problem because they already added all the taxes for our purchases so there is no need to worry of paying taxes again.But still bitcoin is not yet ready for day to day usage so we are early to think about this.I know that with small transactions is fine, under the radar basically, but what happens with significant ammounts?
I am asking this because I intend to become rich in 4 or 5 weeks
We are paying the taxes when converting it into fiat so it is absolutely fine to use bitcoins anywhere even if it is not anonymous.
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