Topic: Is bitcoin really anonymous? - page 4. (Read 2002 times)
Think that 50% of total bitcoin belongs to less than 1000 people. This is not so anonymous at all. Technically it seems to be private enough since you can get address without identity.
Unless the wallet that you're using requires registration of your name, then the address will be registered on you.
As stated by the earlier replies, transactions are recorded into a ledger(blockchain) and if the government decided to look on that they could probably see where the address is registered.
As stated by the earlier replies, transactions are recorded into a ledger(blockchain) and if the government decided to look on that they could probably see where the address is registered.
Especially now there are also some ICO who apply KYC, I also doubt if bitcoin is really anonymous. KYC and bitcoin withdrawal both require a confirmed identity. Will there continue to be more processes requiring identity confirmation? can be!
there is no instant way to getting rich. every transactions on bitcoin is registered on a ledger called the blockchain. so, Its not anonymous, every transactions made are publicized to the entire bitcoin network, and everyone can track the transaction.
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 anonymous, rather pseudo-anonymous. Bitcoin addresses & transactions are not tied to the identity of users however it is really difficult to hide your identity if you do transactions outside of the bitcoin platform because your personal information may be required. Once transactions leave the bitcoin platform and are traded for fiat they can be traced and the government can regulate and monitor them.
To better understand Bitcoin’s anonymity, it's necessary to first understand how Bitcoin works on a basic level. The Bitcoin protocol effectively consist of a series of transactions. These transactions are made up of different kinds of data, among which are transaction inputs and transaction outputs. The transactions involves sending and receiving which can be tracked via Blockchain technology but not the details of the sender or receiver wont be known
I don’t think it is 100% anonymous they can still track your wallet and if you needed your transactions can be found.
Bitcoin isn't completely mysterious. Some say bitcoin anonymous because of the address, but the fac in this matter is nobody even the government can't trace the individual behind the transaction. Being mysterious of bitcoin is that the value vacillation and being decentralized and to know the proprietor isn't simple one it takes apportions of strategy.
100% the answer is no, regardless of what people may claim.
There are some other alt coins that are truly anonymous, Monero and Dark come to mind.
There are some other alt coins that are truly anonymous, Monero and Dark come to mind.
Bitcoin isn't really anonymous, because it's a computerized currency, but to be honest, it's not mysterious.
Many people involved in bitcoin are also anonymous, but wallets have the right data and they protect the privacy of our data.
Many people involved in bitcoin are also anonymous, but wallets have the right data and they protect the privacy of our data.
The one who can use bitcoin for their transactions is not mean that they are anonymous the anonymous thing is the team who behind of this what we called bitcoin because we don't know who exactly the team behind this number one digital currency.
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
As is known when you transact must leave ip address track, so bitcoin is not anonymous, but pseudo-anonymity. if you use the online store you must be required to fill the identity and there must be a tax of what percentage.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 question is how you become rich just because of asking this?
Bitcoin is 75% anonymous. The other 25% is done by you. You need to understand bitcoin, the computer as well as the blockchain so as to use bitcoin without being recognized. It is not very hard. However, people do not want to learn. If you are careless in using bitcoin, your identity might be revealed to the whole world
I'm not so sure about the percentages but I totally agree with you when you refer to the general laziness
All crypto assets can be tracked, regardless of what some scammers are selling around this forum.
As soon as you move your assets to an exchange, your identity can known.
Check it out, don't be lazy!
http://www.ibtimes.com/wannacry-ransomware-attack-hackers-raised-50000-bitcoins-now-what-2539199
https://www.pymnts.com/news/security-and-risk/2017/wannacry-hackers-money-launder-bitcoins-on-swiss-virtual-currency-exchange/
https://bitnewsbot.com/wannacry-hackers-move-140000-from-bitcoin-wallets-marcus-hutchins-arrested/
Yes, It Is anonymous Because it cannot be tracked. Where to come from where it belongs but only the bitcoin address and which was sent and received. Personal information was safe. no one can not find it. Bitcoin Technology based on the strong privacy system allocated. Bitcoin is the safest blockchain technology this is why everyone chooses the bitcoin and invest money. But we have used this In the Good purpose.
yes bitcoin the project is anonymous no one knows the real identity of founders and even the transactions we make are anonymous in terms of miners to sender identity is nt revealed through blockchain wallet
Yes, you're right. Bitcoin transactions and accounts are all anonymous. We can make account without using our identity and change new security passwords or settings everytime we want. This is the reason why bitcoin becomes more popular and many people want to invest on it. They trust on bitcoin because it is more secured.
yes bitcoin the project is anonymous no one knows the real identity of founders and even the transactions we make are anonymous in terms of miners to sender identity is nt revealed through blockchain wallet
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
I think It is pseudo anonymous. anonymous, because 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. So, it is not completely anonymous.
At first I think bitcoin is anonymous and I also do not quite understand because we can make wallet without identity and the government does not know that we have bitcoin, but some friends say that bitcoin is not completely anonymous because every transaction has IP and there are some ways but I'm not too understand how to trace them if they use a fake IP.
Your friends are right that bitcoin is not fully anonymous but other people do not know about that as they are not aware with the technology involved in bitcoin and its transactions only expert technicians of blockchain can trace the bitcoin address and can know that which address is from where and in the end they reach to the user via IP address or the exchange which the users use for their bitcoin trade can find them if they verified their accounts. That is not 100 percent correct that the transactions you make with the bitcoin are fully anonymous, since you actually can track them in the blockchain. It is mostly done when business owners or entrepreneurs have to claim the business or need to sign some contracts
Track them but will not know who is holding the BTC, they do not publicly name, so the BTC is still anonymous in this market. But also because of the anonymity that BTC has attracted many people to them. If they are open and transparent, they will not be attractive anymore.
Yea, indeed bitcoin is very anonymous and therefore many criminals are using it. But not only the criminals who use his anonymous course because in addition to being secretive, the bitcoin payment is very fast.
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