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Topic: Reputable/Trustworthy Mixers (Read 1532 times)

hero member
Activity: 593
Merit: 500
1NoBanksLuJPXf8Sc831fPqjrRpkQPKkEA
July 03, 2015, 05:48:03 AM
#34
I always was wondering who is using mixers. I mean if you don't do something illegal then exchanges shared wallets should be fine enough. So should i guess that that means mixers are used by scammers and others that need to hide from the law? I mean imagining normal people using it would mean a risk to the. They might get coins from some scam and when at one point tainting will be implemented, which might be possible with bitcoin-xt, then why risking having a connecting to these people and holding coins that "potentially" could get seized when your identity is found out.

Whats the use cases for normal users?

I'm a normal user.  I'm even going to pay taxes on my BTC gains (not worth risking jail time).  I use Shared Coin so that everyone I send BTC to doesn't know my total balance.

That's perfectly fine. In fact i do the same, with an exchange with low confirmations. No one can guess my other addresses that way. So why do you pay these high fees to get back coins coming form scams maybe?

Shared Coin doesn't have any fees besides the miner's fee.  But it's been down again for almost a week now and support says there is no ETA on fixing it.

Is there an exchange that is ideal for this?

Oh, i didn't realize it's not a mixer.

I use bitfinex. They only have 2 or 3 confirmations or so. But i don't remember if they need a verification. You can use poloniex too, they don't need a verification. But when you create an account, upload coins and instantly withdraw, then the system will hold your coins. Try to buy some coins, then cancel the order and when admin asks you then claim poloniex wasn't fast enough so you bought elsewhere. I'm not sure if it works the second time without problems.

But there are ways even without verification. Though you don't sound like you do illegal things so verification is no problem.
legendary
Activity: 1372
Merit: 1000
July 02, 2015, 07:24:19 AM
#33
I always was wondering who is using mixers. I mean if you don't do something illegal then exchanges shared wallets should be fine enough. So should i guess that that means mixers are used by scammers and others that need to hide from the law? I mean imagining normal people using it would mean a risk to the. They might get coins from some scam and when at one point tainting will be implemented, which might be possible with bitcoin-xt, then why risking having a connecting to these people and holding coins that "potentially" could get seized when your identity is found out.

Whats the use cases for normal users?

I'm a normal user.  I'm even going to pay taxes on my BTC gains (not worth risking jail time).  I use Shared Coin so that everyone I send BTC to doesn't know my total balance.

That's perfectly fine. In fact i do the same, with an exchange with low confirmations. No one can guess my other addresses that way. So why do you pay these high fees to get back coins coming form scams maybe?

Shared Coin doesn't have any fees besides the miner's fee.  But it's been down again for almost a week now and support says there is no ETA on fixing it.

Is there an exchange that is ideal for this?
hero member
Activity: 593
Merit: 500
1NoBanksLuJPXf8Sc831fPqjrRpkQPKkEA
July 01, 2015, 08:15:15 AM
#32
I always was wondering who is using mixers. I mean if you don't do something illegal then exchanges shared wallets should be fine enough. So should i guess that that means mixers are used by scammers and others that need to hide from the law? I mean imagining normal people using it would mean a risk to the. They might get coins from some scam and when at one point tainting will be implemented, which might be possible with bitcoin-xt, then why risking having a connecting to these people and holding coins that "potentially" could get seized when your identity is found out.

Whats the use cases for normal users?

I'm a normal user.  I'm even going to pay taxes on my BTC gains (not worth risking jail time).  I use Shared Coin so that everyone I send BTC to doesn't know my total balance.

That's perfectly fine. In fact i do the same, with an exchange with low confirmations. No one can guess my other addresses that way. So why do you pay these high fees to get back coins coming form scams maybe?
legendary
Activity: 1372
Merit: 1000
June 30, 2015, 02:38:18 AM
#31
SharedCoin (blockchain.info) comes in at around 0.5%, but they recently changed their system, I will have to look again.

I think it's just the miner's fee with Shared Coin.
legendary
Activity: 1372
Merit: 1000
June 30, 2015, 02:37:27 AM
#30
I always was wondering who is using mixers. I mean if you don't do something illegal then exchanges shared wallets should be fine enough. So should i guess that that means mixers are used by scammers and others that need to hide from the law? I mean imagining normal people using it would mean a risk to the. They might get coins from some scam and when at one point tainting will be implemented, which might be possible with bitcoin-xt, then why risking having a connecting to these people and holding coins that "potentially" could get seized when your identity is found out.

Whats the use cases for normal users?

I'm a normal user.  I'm even going to pay taxes on my BTC gains (not worth risking jail time).  I use Shared Coin so that everyone I send BTC to doesn't know my total balance.
hero member
Activity: 593
Merit: 500
1NoBanksLuJPXf8Sc831fPqjrRpkQPKkEA
June 29, 2015, 05:40:34 AM
#29
I always was wondering who is using mixers. I mean if you don't do something illegal then exchanges shared wallets should be fine enough. So should i guess that that means mixers are used by scammers and others that need to hide from the law? I mean imagining normal people using it would mean a risk to the. They might get coins from some scam and when at one point tainting will be implemented, which might be possible with bitcoin-xt, then why risking having a connecting to these people and holding coins that "potentially" could get seized when your identity is found out.

Whats the use cases for normal users?
hero member
Activity: 672
Merit: 502
June 29, 2015, 03:42:14 AM
#28
Exchange your bitcoins for darkcoin with ShapeShift.io then exchange darkcoin for bitcoin again, your bitcoin blockchain trace is lost.
But shapshift.io charges quite a hefty fee, no?  At least that's what I heard.  I've used bitmixer.io multiple times without a problem, simply for testing purposes. Smiley

Seems fair:

What’s your fee structure?

We don't have a set markup, as our rate next to adjust for depth and spread considerations on particular pairs and markets. This means the amount that ShapeShift makes on any particular transaction varies based on the current market conditions. Depends on the liquidity and spread of that particular market ShapeShift's fee usually falls in the range of about 0.5-1% or so.

https://shapeshift.zendesk.com/hc/en-us/articles/202585602-What-s-your-fee-structure-

That's right, the fee is not too much and it is the best way of mixing the coins apart from using bitmixer.io which so far seems to be the reliable bit mixer out there.
legendary
Activity: 3472
Merit: 10611
June 28, 2015, 09:52:33 PM
#27
bitmixer.io is the most reliable and most famous of bitmixers that i saw so far. and the famous part or the volume they handle every day is important to hide your tracks IMO.
the fees is reasonable , for the service they are offering.

can you leave your feedback of blockchain.info shared coin in here if you have used it?
legendary
Activity: 2786
Merit: 1031
June 28, 2015, 02:53:47 PM
#26
Exchange your bitcoins for darkcoin with ShapeShift.io then exchange darkcoin for bitcoin again, your bitcoin blockchain trace is lost.
But shapshift.io charges quite a hefty fee, no?  At least that's what I heard.  I've used bitmixer.io multiple times without a problem, simply for testing purposes. Smiley

Seems fair:

What’s your fee structure?

We don't have a set markup, as our rate next to adjust for depth and spread considerations on particular pairs and markets. This means the amount that ShapeShift makes on any particular transaction varies based on the current market conditions. Depends on the liquidity and spread of that particular market ShapeShift's fee usually falls in the range of about 0.5-1% or so.

https://shapeshift.zendesk.com/hc/en-us/articles/202585602-What-s-your-fee-structure-
newbie
Activity: 8
Merit: 0
June 28, 2015, 11:34:40 AM
#25
I appreciate your feedback and I can understand the price is higher then other mixers advertised, but we are partnered with another mixing service and we already have amazing customers, but we don't have many people within the 0-25btc range because we have customers that use our service for 100+btc tumbling so we do accept smaller bitcoin amounts, but with customers having 100+btc they tend to focus on having that trust for a bigger fee and we already have a large list of customers that are based over the 100+btc range and not so many on the 0-25BTC so when we get more structure in that range we will lower the % down.
legendary
Activity: 2940
Merit: 1865
June 28, 2015, 11:10:20 AM
#24
...

K0ji

I always welcome new BTC mixers, as having more options is a good thing.  But, a 5% fee for small amounts (under 25 BTC) is very high.

bitmixer.io charges an amount that you can vary somewhat, but it comes in at roughly 0.7% or so.

SharedCoin (blockchain.info) comes in at around 0.5%, but they recently changed their system, I will have to look again.

I have used both bitmixer.io and Sharedcoin many times, they both are perfectly legitimate services that do as they promise (although SharedCoin is sometimes down).  They are not questionable at all.  Your fee of about EIGHT times as much as your competitors is likely to not attract too many customers...

*   *   *

As always, anyone using bitcointumbling.com is more than welcome to tell us about it!  

Did their service work as advertised?  Any problems?  Low taint?
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
June 26, 2015, 08:12:07 AM
#23
In fact you only need to use any bitcoin website service that has a shared wallet. Exchanges might ask for you identifying, but there are enough other websites that doesnt and have a shared wallet.

If Bitmixer is trustworthy and reputable service then why forum staff declined them option to buy direct ad banner? It is just because mixers are generally considered as a 'dark service'?
Or there is something more behind it?

The exact reason is still unknown but we can speculate that it was rejected because it is a dark service. https://bitcointalk.org/index.php?topic=885362.0;all

DarkWallet is the only good implementation of CoinJoin which I know of but it was not successful.

What happened with DarkWallet?  I thought it was in alpha and moving along.

It is still in alpha stage. No 'major' development is there and also it was not very successful. If it reaches at least beta stage, we maybe able to see more users and we can start using it. But for now, ir is not really useful.

Hm... too bad. I thought it might become my next wallet. There was a study published some weeks ago that mentioned darkwallet is best for the privacy. It was on a level with armory. So its a pity that it looks like they died.
full member
Activity: 149
Merit: 100
In God Im Trust
June 26, 2015, 07:26:51 AM
#22
You can use gambling/exchange site to mix your coins, but they will keep your data forever Sad
The best option is only BitMixer.io. I've tried it once, i hadn't any problem

You might want to read this article : The Essential Role of Mixing Services: BitMixer Processes 25K BTC per Month

Thank's nice article Smiley
legendary
Activity: 1372
Merit: 1000
June 26, 2015, 04:50:12 AM
#21
.5% fee at bitmixer.io seems a bit high though.  Shared Coin is free at Blockchain.info (it's working again).
sr. member
Activity: 294
Merit: 250
If you can't understand my post please report it
June 25, 2015, 09:26:42 PM
#20
I don't want everyone I pay in BTC to be able to see the balance of my main BTC wallet so I break the link with blockchain.info's Shared Coin service which is built into its wallet.  Unfortunately Shared Coin is down for me right now and so I find myself unable to send BTC.  Is there another mixer as reputable/trustworthy as blockchain.info?

Bitmixer is best choice for you Smiley

I try to search every transaction tree from my mix  but that very hard to find it Roll Eyes
legendary
Activity: 1736
Merit: 1029
June 25, 2015, 07:15:03 PM
#19
Exchange your bitcoins for darkcoin with ShapeShift.io then exchange darkcoin for bitcoin again, your bitcoin blockchain trace is lost.
But shapshift.io charges quite a hefty fee, no?  At least that's what I heard.  I've used bitmixer.io multiple times without a problem, simply for testing purposes. Smiley
legendary
Activity: 2786
Merit: 1031
June 25, 2015, 03:45:46 PM
#18
Exchange your bitcoins for darkcoin with ShapeShift.io then exchange darkcoin for bitcoin again, your bitcoin blockchain trace is lost.
legendary
Activity: 1596
Merit: 1010
June 25, 2015, 02:54:31 PM
#17
BitMixer is one the best ones out there right now, but there is no such thing as a trustworthy mixer unfortunately...
legendary
Activity: 1764
Merit: 1000
June 25, 2015, 12:16:01 PM
#16
I went and tried bitmixer with 0.1 bitcoin. worked without problems, and you can even download a proof of transaction in case something's wrong
hero member
Activity: 560
Merit: 509
I prefer Zakir over Muhammed when mentioning me!
June 25, 2015, 11:44:16 AM
#15
If Bitmixer is trustworthy and reputable service then why forum staff declined them option to buy direct ad banner? It is just because mixers are generally considered as a 'dark service'?
Or there is something more behind it?

The exact reason is still unknown but we can speculate that it was rejected because it is a dark service. https://bitcointalk.org/index.php?topic=885362.0;all

DarkWallet is the only good implementation of CoinJoin which I know of but it was not successful.

What happened with DarkWallet?  I thought it was in alpha and moving along.

It is still in alpha stage. No 'major' development is there and also it was not very successful. If it reaches at least beta stage, we maybe able to see more users and we can start using it. But for now, ir is not really useful.

Unfortunately, there aren't many reputable Bitcoin mixers around here. Only one I recommend is Bitmixer.io which has been proven as trustworthy. Keep the signed message you get safely. It is a strong proof and the only proof you can use in case if a dispute arises.

Another method to mix your coin is to buy a stable altcoin, sell it for Bitcoin in another exchange and withdraw it. Total fees you encounter maybe higher than the fees charged by Bitmixer.io.
I've heard of people doing this before with Monero (XMR) because it's an untraceable (and fairly stable) currency. Buy Monero on one exchange, send it to another, then exchange it back to bitcoin and your coins have basically been mixed. Low fees, and it doesn't take much time either.

https://xmr.to/
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