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Topic: The lagest Bitcoin mixer is about to stop working - page 13. (Read 91055 times)

newbie
Activity: 28
Merit: 0
Hi all!
You may use Dash or Zerocoin if you want to buy some weed.


lol. Just use Monero.
hero member
Activity: 850
Merit: 1000
I'm bitcoin enthusiast since 2011. When we started this service I was convinced that any Bitcoin user has a natural right to privacy. I was totally wrong. Now I grasped that Bitcoin is transparent non-anonymous system by design. Blockchain is a great open book. I believe that Bitcoin will have a great future without dark market transactions. You may use Dash or Zerocoin if you want to buy some weed. Not Bitcoin.

For the reason you're closing your service, as well as for other reasons, I wouldn't recommend Dash or Zerocoin if privacy is a concern (nor would Greg Maxwell or Peter Todd): https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.php
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
A real shame but a very sensible move.

There's money to be made but who knows how irrational the legal apparatus is going to be if you're tracked down? They'll probably find you a law that's been broken somewhere.

Be thankful that they ran for so long and so successfully and bowed out with class.
sr. member
Activity: 325
Merit: 250
Carpe noctem
Don't worry, we didn't keep logs, we deleted all used wallets, our servers never been seized, we had very strong mixing algorithm. We never collaborated with feds. All our clients are protected. We did our work honesty as described.

About "I'm not a criminal. Why should I mix my coins?". I really believed in this years ago. But look, in 2016 we mixed about 1M bitcoins. What do you think what part of this sum was non criminal? I don't know, we provided just a tool and didn't ask from what source coins coming. But I guess not all of them was clean. I really don't want to earn helping criminals. It is not only personal. Bitcoin couldn't be accepted by general public and governments if it is a crime tool. No, no, no. Fortunately last years appeared special anonymous cryptocurrencies for this purpose. But Bitcoin has another big aims. It is a finance revolution, but not a crime finance revolution.

I've been mixing all of my earnings from Purse.io & LBC trades since day one mate and they don't come from drugs lol. Admit that you took a wrong decision. Privacy is still a thing in 2017  Tongue
hero member
Activity: 686
Merit: 504
It is a finance revolution, but not a crime finance revolution.

Bitcoin IS a "crime finance revolution", at least according to the guys who make the banking rules. These same people call everyone else criminals when they are the ones stealing.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
Well it is certainly amazing to see an old business that was doing great (according to the owners) shutting down so abruptly.
But that's the decision you made, all it is left for us is to respect it.

I have one single request, if possible, although I'm pretty sure you have already thought of it.

Can you please make sure that for at least one year or two the domain name won't be dropped also, as I doubt the renewal fee would put a financial strain on you ?
By this we can make sure that the name won't be acquired by someone with the intent to profit (scam) based on your hard earned reputation.
newbie
Activity: 34
Merit: 0
Are you planning to open source your software?
legendary
Activity: 2744
Merit: 1174
Why do you think Bitmixer is closing? obvious, they're forking/messing with Bitcoin, Bitmixer no longer believes in Bitcoin.

They are probably cashing out and jumping ship before the 1st. It's a good moment because people won't be moving and mixing their coins during this unstable activation period, so it's a good moment to wrap up. Every business owner has to ask himself at some point: do I need more money? Is it worth the risk?
legendary
Activity: 1302
Merit: 1025
Wow. This is totally unexpected. As a person who uses mixing services like this one, I don't think that the main reason why people use it is mainly because of buying illegal stuffs online. I mix my coins to clean it because my wallet or exchange wallet will ban my account if a coin is from a gambljng or related to it. Also it helps to avoid people from tracking my transaction which adds to the security of using bitcoin. It's sad that the biggest and one of the most trusted mixer has to shitdown because of this.
copper member
Activity: 1330
Merit: 899
🖤😏
Why do you think Bitmixer is closing? obvious, they're forking/messing with Bitcoin, Bitmixer no longer believes in Bitcoin. it's not like only Bitmixer could mix coins, there are other mixers and they will keep mixing. they succeeded in destroying Bitcoin.
legendary
Activity: 1218
Merit: 1001
I am really sad cause we lose the biggest mixer in market.
But there is more rooms for new players. Lets see how this mixer business will go.
I believe it will grow more and more. Its good there bitmixer closed by the fair way.
Didnt steal any coins and just fairly closes.
Lets look forward and use chipmixer : )
legendary
Activity: 1386
Merit: 1001
Really sad to hear this Now Hansa is also down, What will happen now, should we switch to Zerocoin?
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
Let me explain why.
Is this the real reason, or is there some pressure from government(s) to close the service, or even keep records of transactions?
I didn't expect this, especially since I've seen Bitmixer's sig campaign up to the last second.

From your own site:
Are you guys now targeted by the law enforcement authorities or is it just your opinion?
My thoughs exactly!

I am almost certain that this is government pressure, but you obviously can't admit to that for the same reason.
All the more reason for new mixers to remain anonymous. That makes it harder to trust a site, but if the mixer is completely anonymous, they can't be targeted.

It is important that you understand my position. I really revised my view about Bitcoin as a transparent system. Bitcoin has no future with drug/weapon traffic or any other illegal activity. This is my point.
So you're saying you care so much for Bitcoin, you're willing to close your business? That's cute Cheesy
Everything on earth is used for illegal purposes, whether it's Bitcoin or dollars, guns or cars. Closing your mixer is not going to change that.

Hi all!
Despite the huge profit we earn, we are closing our activity. Let me explain why.

Be honest:

What logs have you kept, for how long and with what countries law enforcement do you cooperate?
If that would be the reason, they wouldn't close their business.

Note: I've never used BitMixer so I won't miss it's services. One of the reasons for not using it is that the coins I get back are most likely from someone who's trying to hide worse things than me Tongue
legendary
Activity: 2030
Merit: 1028
That's unexpected news !

It's really wise to see that you're really care about bitcoin revolution and future
But in other side, people who use it often , it will broke their business or even lossing their job
sr. member
Activity: 261
Merit: 265
Don't worry, we didn't keep logs, we deleted all used wallets, our servers never been seized, we had very strong mixing algorithm. We never collaborated with feds. All our clients are protected. We did our work honesty as described.

About "I'm not a criminal. Why should I mix my coins?". I really believed in this years ago. But look, in 2016 we mixed about 1M bitcoins. What do you think what part of this sum was non criminal? I don't know, we provided just a tool and didn't ask from what source coins coming. But I guess not all of them was clean. I really don't want to earn helping criminals. It is not only personal. Bitcoin couldn't be accepted by general public and governments if it is a crime tool. No, no, no. Fortunately last years appeared special anonymous cryptocurrencies for this purpose. But Bitcoin has another big aims. It is a finance revolution, but not a crime finance revolution.
hero member
Activity: 1414
Merit: 505
Backed.Finance
It is a sad news, especially to those who frequently used your services.Why a sudden Announcement, what really happens? You've existed for a long time already and earned so much as what you've said. Pressured?
full member
Activity: 243
Merit: 100
Interesting.

While I assume there must be something that forced you to close the business, I certainly don't buy the argument that it was a "change of heart" thing
legendary
Activity: 1512
Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
I can't believe this is happening and I deny that there is no outside pressure as the admin said. He may not agree to it but many government's will be against these kind of services. Bitmixer's service was one of the best in the market right now and it is sad to see them go.
legendary
Activity: 2674
Merit: 2965
Terminated.
Its unfortunate to see bitmixer cease operations but I am sure there will be plenty of other services to fill the gap.
If by plenty of other services you mean scams, then yes.

I know Stratis is working on trustless bitcoin mixing through their masternodes.
Tumblebit is inherently different and will take a bit longer to be released/safe enough for large volume.

seriously what is going on here?Huh?

are we who used it safe, are logs deleted???

admin answer!!!
Logs were never kept to begin with, at least as far as Bitmixer.io has claimed. AFAIK they were deleting anything older than 24 hours.
legendary
Activity: 3696
Merit: 2219
💲🏎️💨🚓
(bellyaching tin foil hat *blah* removed)

Or, *they* were leaned on...

In any event, places like shapeshift.io and the other mixers will be the next ones to roll...
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