You should try to avoid such situations for your good, at least to not have headaches... Of course you won't be condemned or considered guilt of any wrongdoings, since you aren't involved in criminal actions, but you may have some issues during a possible initial investigation, because authorities will want to know what is your relationship with the BTC seller and if you are somehow deeper involved with him and his practices.
So better to not be at the wrong place at the wrong time. Just deal with trustworthy people. You can do this by checking for references before trading.
Topic: should I be concerned about the history of bitcoins when buying them ? - page 3. (Read 831 times)
May 29, 2022, 09:55:03 PM
May 29, 2022, 07:22:26 PM
As long as you buy it and don't get the bitcoins illegally or by criminal means, I don't think anyone will be able to ensnare you or accuse you of criminal activity.
because you bought it with your own money. Maybe it will only be tracked where the itcoin went. you don't have to worry. the safest is also buying on exchanges like binance and such.
because you bought it with your own money. Maybe it will only be tracked where the itcoin went. you don't have to worry. the safest is also buying on exchanges like binance and such.
May 29, 2022, 05:27:57 PM
What's a dirty coin? Since you cannot delete nor destroy bitcoins, provided that bitcoin continues to exist for another 100 years, most coins will be dirty to some extent.
A coin that has been recently (in terms of time and chain of transactions) used in some criminal activity and is of interest to law enforcement. This isn't a philosophical question, it's a practical question. Centralized exchanges do freeze accounts on requests from law enforcement, and on-chain activity can be one of the reasons to suspect someone.
For instance, a lot of coins were taken from onion marketplaces by the police and then put on auctions, so these are "dirty coins" but they will never be clean again.
IMO we should stop worrying about things that we don't control and history of coins we are buying is one of these things.
IMO we should stop worrying about things that we don't control and history of coins we are buying is one of these things.
Those coins are not dirty because law enforcement is aware that they have been taken from the criminals. But if they seize some darknet servers and find some wallets, they are going to investigate all the transactions, looking for potential accomplices or coins that were moved to other wallets. That's how some bystanders could get caught up, although it's very unlikely to happen on practice.
If you're worried about your accounts being blocked due to unknown origin of your coins just don't use centralized exchanges. P2p is not the only way to exchange money. You can for instance do it in a physical exchange point, where they give you cash for your coins. You can also use an ATM that gives you an address to send coins and pays in cash. These services don't require KYC up to a certain amount of money and don't test your coins for recent illicit activity, which is as it should be everywhere.
Don't use shitty exchanges that block accounts like coinbase and you'll have one less thing to worry about in your life.
May 29, 2022, 05:24:20 PM
If I purchase bitcoins via p2p, can I get some problems if the bitcoins I get were involved in some criminal activity ? If yes then how do I avoid such situation ?
The best way to avoid such issues is to buy bitcoin from an exchange rather than buying it from or through peer to peer, For so many years I have bought my bitcoin from an exchange that is decentralized without any issues but with exchanges going centralized this causes a major confusion, but regardless the issue of who should be added to the rebuilding and the rescue show be selected evenly But yes, as for the comfort and to give peace of mind to OP, it was secure and to have unquestionable transactions if they use an exchange.
May 29, 2022, 04:13:47 PM
If I purchase bitcoins via p2p, can I get some problems if the bitcoins I get were involved in some criminal activity ? If yes then how do I avoid such situation ?
Well, those bitcoins might have been transferred many many many times before they might reach you! Basically the nodes that will keep creating further will have the connection to previous transaction (input and output, multiple) giving you extra layer of security. Yup many of them will say it could be traced but not down to the seed which was involved with criminal activity, cause that’s just impossible. It’s more or less mixing the coins continuously.
If you still think you received the coins which were involved with criminal activity then just hit Chipmixer, mix your coins and you have fresh lot of coins.
ChipMixer probably offers the best solution, and it's very easy to implement. But, is it possible to get even dirtier coins using ChipMixer?
I'm afraid I don't understand exactly how ChipMixer works, do all the incoming coins mix with other coins or do the coins (chips) go directly from one user to another?
May 29, 2022, 03:18:52 PM
If I purchase bitcoins via p2p, can I get some problems if the bitcoins I get were involved in some criminal activity ? If yes then how do I avoid such situation ?
It would be hard to get away if the bitcoin you got was it a kind of problem or the other, thats why before your purchase it’s recommended to always do you personal research, many bitcoin vendors also kick again buying bitcoin from an unknown source, with the issues in buying a legit bitcoin I would personally feel all sale of bitcoin should go through a panelIf I purchase bitcoins via p2p, can I get some problems if the bitcoins I get were involved in some criminal activity ? If yes then how do I avoid such situation ?
The best way to avoid such issues is to buy bitcoin from an exchange rather than buying it from or through peer to peer, For so many years I have bought my bitcoin from an exchange that is decentralized without any issues but with exchanges going centralized this causes a major confusion, but regardless the issue of who should be added to the rebuilding and the rescue show be selected evenly 
May 29, 2022, 02:59:33 PM
If I purchase bitcoins via p2p, can I get some problems if the bitcoins I get were involved in some criminal activity ? If yes then how do I avoid such situation ?
I've heard of funds being locked or even confiscated due to their origin, but this isn't something I've ever experienced personally. I've handled a ton of escrows and I'm certain some of those coins had to be tainted, but I've never gotten any pushback from exchanges questioning me on it. So I think you're probably good unless you're one step removed from some sort of scam or crime. That being said, if you're going to buy coins via p2p just to move them to an exchange, I'd have to wonder why you don't just use the exchange. If you're knowingly accepting tainted coins, that's a whole other story, and one you'll like get to tell a judge someday.
May 29, 2022, 02:53:37 PM
What's a dirty coin? Since you cannot delete nor destroy bitcoins, provided that bitcoin continues to exist for another 100 years, most coins will be dirty to some extent.
A coin that has been recently (in terms of time and chain of transactions) used in some criminal activity and is of interest to law enforcement. This isn't a philosophical question, it's a practical question. Centralized exchanges do freeze accounts on requests from law enforcement, and on-chain activity can be one of the reasons to suspect someone.
For instance, a lot of coins were taken from onion marketplaces by the police and then put on auctions, so these are "dirty coins" but they will never be clean again.
IMO we should stop worrying about things that we don't control and history of coins we are buying is one of these things.
IMO we should stop worrying about things that we don't control and history of coins we are buying is one of these things.
Those coins are not dirty because law enforcement is aware that they have been taken from the criminals. But if they seize some darknet servers and find some wallets, they are going to investigate all the transactions, looking for potential accomplices or coins that were moved to other wallets. That's how some bystanders could get caught up, although it's very unlikely to happen on practice.
May 29, 2022, 02:44:22 PM
Well, hypothetically some dumbass crriminal could sell their dirty coins on a p2p market and the buyer will have an unpleasant talk with law enforcement if they will be identified, for example by moving their coins immediately to a centralized exchange. Does this happen often? Probably not, I never heard about such stories. Lots of people trade on p2p exchanges without such problems.
What's a dirty coin? Since you cannot delete nor destroy bitcoins, provided that bitcoin continues to exist for another 100 years, most coins will be dirty to some extent. We shouldn't make a big deal out of it. You cannot be responsible for what someone else did with their coins. For instance, a lot of coins were taken from onion marketplaces by the police and then put on auctions, so these are "dirty coins" but they will never be clean again.
IMO we should stop worrying about things that we don't control and history of coins we are buying is one of these things.
May 29, 2022, 02:40:29 PM
If I purchase bitcoins via p2p, can I get some problems if the bitcoins I get were involved in some criminal activity ? If yes then how do I avoid such situation ?
Technically yes you should be worried about this reason being whenever some sort of scam or something happens the department would generally establish the whole trail of activity associated with those bitcoins, but if you have proper evidence as to from whom did you purchase it and what consideration did you pay in return for that I don't think there is any reason to worry about it. Many of the coins you receive From exchanges or gambling sites are tainted. May 29, 2022, 02:28:27 PM
Well, hypothetically some dumbass crriminal could sell their dirty coins on a p2p market and the buyer will have an unpleasant talk with law enforcement if they will be identified, for example by moving their coins immediately to a centralized exchange. Does this happen often? Probably not, I never heard about such stories. Lots of people trade on p2p exchanges without such problems.
May 29, 2022, 01:03:49 PM
Why don't you just use a mixer if you are not very sure? There is a popular one here in the forum Chipmixer that renders this service, enquire about the process to mix your coins and get it done with. If you are in a country where you feel this can have a negative impact later then a mixer is your best option. But you should first try and buy from a reputable p2p platform, that way the probability of buying a stolen coin is less.
This method could probably help the OP in case there's an issue with the coins he'd bought however I think this is going overboard especially if the coin is bought from a P2P platform. These coins are usually are not directly sent to the others party's wallet but rather it will be mixed on multiple nodes. Also, it's rare to encounter such a scenario and even if that's the case, you can just explain the situation and not be liable with the coins bought.
May 29, 2022, 12:38:17 PM
Not much. If it just so happens that a certain platform you sent your funds to asks you about where the funds came from, just say you bought it P2P. Though this rarely happens as far as I know. As long as buying P2P is not illegal where you're from.
Right. Whenever someone tells you something about it, you must say that you bought it from p2p. I don't think there should be any problem with you because you have completed the transaction from p2p.If anything, of course p2p can or will carry it. May 29, 2022, 11:38:47 AM
If I purchase bitcoins via p2p, can I get some problems if the bitcoins I get were involved in some criminal activity ? If yes then how do I avoid such situation ?
Well, those bitcoins might have been transferred many many many times before they might reach you! Basically the nodes that will keep creating further will have the connection to previous transaction (input and output, multiple) giving you extra layer of security. Yup many of them will say it could be traced but not down to the seed which was involved with criminal activity, cause that’s just impossible. It’s more or less mixing the coins continuously.
If you still think you received the coins which were involved with criminal activity then just hit Chipmixer, mix your coins and you have fresh lot of coins.
May 29, 2022, 11:10:08 AM
If I purchase bitcoins via p2p, can I get some problems if the bitcoins I get were involved in some criminal activity ? If yes then how do I avoid such situation ?
Since you are buying on P2P, let's say the seller is getting Bitcoin from a criminal act. First, you are just a buyer with the reason you do not know the history of the seller at all.
Second, pay attention to before/after transactions:
for example, if you know that Bitcoin sellers in P2P are criminals but you keep buying then you are considered involved.
However, if the other way around, if you find out that the seller is a criminal after you buy, then I think you have the power of proof where you are just a buyer just making a transaction.
May 29, 2022, 11:02:22 AM
To avoid such situations you have to make sure your identity is well hidden, using “mixers” and decentralized exchanges, though if the bitcoin you got involved in some illegal activity they can still track your wallet address and you will suffer a lot to deposit these bitcoins to central exchanges or If you want to sell it and convert to cash when the bitcoin rises, for example. Some centralized platforms have the ability to know the addresses of mixers and they block you if you get caught and you will lose your money. So always the best solution is to use decentralized exchanges.
May 29, 2022, 10:51:12 AM
If I purchase bitcoins via p2p, can I get some problems if the bitcoins I get were involved in some criminal activity ? If yes then how do I avoid such situation ?
If you're buying the coins from the p2p platform then you no need to worry because the funds you bought will be credited into the platforms wallet then you can withdraw it to your own address so you won't be charged for any criminal activities because seller didn't deposit the funds directly to your wallet but you should be careful if you're buying coins from someone personally.But the real problem is while selling those coins you may get lot of problems because you don't know the source of Fiat coming to your wallet that is why choose the reputed trader while selling Bitcoin.
May 29, 2022, 09:40:11 AM
Quote
Here's a list of reputable mixers: 2022 List Bitcoin Mixers Bitcoin Tumblers Websites.
cant I just use Samourai's mixing functions ?
Reputable Bitcoin mixers are still good to go for any pseudonymous transactions but when it comes to completely be anonymous, that's impossible to happen.
This is very common in crypto and the fact is, we can't hide it in every transaction, everything is traceable and even you think Bitcoin mixers are enough to clean dirty Bitcoin, to protect your privacy but isn't. As many people say, (when there's smoke there's a fire), what is the purpose of using Bitcoin mixers and using P2P exchange if there has nothing to hide. So that's was expected if you keep using these, you can get dirty Bitcoin, like darknet or even black market.
But I think this isn't something to worry about, we have many dirty transactions that have been considered as clean. If you heard Silkroad raided and seized a huge amount of Bitcoin, the government put it on auction, and those who have to buy Bitcoin consider it clean.
If you have doubt, you can call these agencies that studied Bitcoin blockchain transactions to confirm Bitcoin transaction is clean.
- Chainalysis
- ScoreChain
- CipherTrace
- Elliptic
May 29, 2022, 09:23:26 AM
Why don't you just use a mixer if you are not very sure? There is a popular one here in the forum Chipmixer that renders this service, enquire about the process to mix your coins and get it done with. If you are in a country where you feel this can have a negative impact later then a mixer is your best option. But you should first try and buy from a reputable p2p platform, that way the probability of buying a stolen coin is less.
May 29, 2022, 09:00:39 AM
How would anyone know if those specific coins were used in any illegal activity?
Cause the blockchain is completely transparent.If a hacker breaches a centralizes exchange and transfers Bitcoin from the coldwallet of the exchange into an address the had created, this particular transaction can be tracked as well as the wallet the inputs were sent to, from then on, any other transactions those inputs were used in can also be monitored.
You can do this yourself by visiting a blockchain explorer like blockchair.com
If I purchase bitcoins via p2p, can I get some problems if the bitcoins I get were involved in some criminal activity ? If yes then how do I avoid such situation ?
• Theoretically, you should not get into any trouble as long as you can prove that you had nothing to do with it, with proof of transaction and communication with the other party.• How to avoid such situation would be by keeping records if your transactions should they be needed.
Also, do not trade directly (physically) with someone except you explicitly trust this person.
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