Topic: The lagest Bitcoin mixer is about to stop working - page 14. (Read 91065 times)

Even if AlphaBay did not explicitly advertise bitmixer, the US government is getting more aggressive in prosecuting operators of DNMs as AlphaBay's admin was neither a citizen, a resident, nor had any ties to the US, but was charged in the US anyway (because AlphaBay sold illegal products to people in the US).

Wikileaks recently disclosed a large number of zero-day exploits that had been hoarded by the CIA (despite their pledge to do disclose such exploits), that apparently have since been stolen (as per news reports). At the time of disclosure, the zero-day exploits had the potential to do a lot of damage, and could be executed under circumstances that many people believed would be safe/secure.

There are also rumors that the US was able to use malware to botch the launch of a North Korean missile test earlier this year. The fact that the North Korean misses are (almost certainly) 'air gapped' computers, that NK has no (meaningful) internet access, and that it would be nearly impossible for the US to have physical access to any component of a NK missile many months (or even years) ahead of time, means that, if true, the US government's ability to insert malware into computers is very strong.  

Based on both of the above, bitmixer's operator(s) likely does not have confidence in their ability to keep their servers secret and protected from the US government.

As the old saying goes:

"It's never to late to learn to play the pianooperate JoinMarket"

https://github.com/joinmarket-org/joinmarket/wiki

tl;dr: Bitmixer might have been the largest centralized mixer, but JM is the largest decentralized mixer, and all you hot wallet operators should have been investing your spare coin in it, yesterday.

If they did recommend or somehow advertise bitmixer then probably this would be the cause of such immediate closure of this mixing service. I was little bit shocked that this site decided to close its doors to early saying that its just their own personal reasons but well we dont know whats actually the truth thing behind this but after reading this i can say that theres a possibility or links regarding on this situation. Better to stop early before government will caught you.

I suspect that this has to do with the AlphaBay seizure from earlier this month.

Per the complaint against the admin of AlphaBay (paragraph 5):
I don't think I have ever visited AlphaBay, however I would suspect they advertised bitmixer.

The forfiture complaint claims that Law Enforcement found the admin of AlphaBay because he posted his email address when he first created the site, and also because he reused an alias he used as an admin of AlphaBay on other forums that can be traced back to his email address. However it appears that Law Enforcement was able to locate the AlphaBay servers, and took them down at a specific time so that they could catch the admin of AlphaBay logged into the backend of AlphaBay, see below:

I suspect that bitmixer is afraid that law enforcement is going to be able to find their servers, seize them and arrest whoever is behind the website. Based on what has been revealed publicly, this is a risk as long as the site remains online, and shortly thereafter. If bitmixer can cease operations without its servers being located, then its operator's risk of arrest, and the risk of it's servers being seized goes to near zero. The ability for bitmixer's owners to cash out their bitcoin holdings becomes much easier with the activation of SegWit, which is all but guaranteed as of not long ago.

I have a couple of suspects as to who might be ultimately behind bitmixer, some who I think have a higher probability than others of being the operator. I am not going to disclose this list, and hopefully my suspicions will never be tested. I applaud you for closing your service instead of pulling an exit scam (as many businesses have in the past). Good luck!

the first rule of privacy is to assume everyone is keeping logs on you. this goes for all these privacy-related services for example VPNs (do a quick search on it and you'll see). and also it depends on your usage of this service, were you mixing your coins to reach privacy or were you a drug smuggler hiding from the law enforcement!

seriously what is going on here??

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

admin answer!!!

my friend almost using service bitmixer almost 1 year,if my friend heard about this info,maybe he will sad.but i hope after bitmixer closed,owner will have good idea for bitcoin soon

The code can be replicated, the trust cannot be. One of the reasons that Bitmixer was so successful was that people were ready to trust it with large amounts of Bitcoin. I doubt if they will do it if new users took over.

Its really a hard decision indeed. You said you have earn a lot so I guess you can channel your funds in other business in the crypto world. I just hope for the best. I'm also a happy Signature campaign participant and I still hoping that we can work in the future.

Is your server seized??


https://censys.io/ipv4/82.221.106.20

I didn't expect that bitmixer will do this thing. He sacrifice the huge profit that he are getting and he may get in the future for this aspiration. That's a hard decision you've been done especially if you are in this business for how many years. Anyway, we understand and respect your decision sir.

Be honest:

What logs have you kept, for how long and with what countries law enforcement do you cooperate?

Its unfortunate to see bitmixer cease operations but I am sure there will be plenty of other services to fill the gap.

I know Stratis is working on trustless bitcoin mixing through their masternodes.

It is very difficult to see such works. someone get out from profitable work Because of the global interest. Respect for this decision. I am not sure that i will do the same.
I think this will not bring about a major change, Somebody else will catch up on the position

Moving to legitimization is a valid view, we have moved far from those days where the Silk Road and MTgox were our fun times, the fun of BTCT, Bitfunder and Havelock were speculated to the Armageddon.

To an extent I still feel Bitcoin should retain its privacy function and utilization through non-associated addresses on a ledger, but I feel like your concerns about being in trouble and getting caught would make it complicated. The shutdown from that view makes sense, I would say if you ever diversify and make another type of bitcoin industry or campaign I wish you the best of luck you escaped a Segwit2x ^^.

So... you went from "I'm not a criminal. Why should I mix my coins?" in the front page, to "Bitcoin has no future with drug/weapon traffic or any other illegal activity." ?

I know that the overwhelming part of BitMixer users were only using the mixer because of ilegal activities, but still seems odd.

Look on the bright side: he didn't exit scam his costumers. Props on you for doing something great to the community for so many years.

If you truly  believe in bitcoin as a currency then it should be used to buy anything and everything good or bad. If people want to buy drugs or whatever then they should be allowed and Bitcoin gives you the freedom to make these choices without a middleman or a government restricting or prohibiting you from doing do, which is the true beauty of it in my opinion.


Why don't you sell it and donate the money to charity or do some other good with it? Seems a waste just to shut a profitable business you built up down.

Same here, I don't believe that he turned 180 degrees to anti-privacy. Anyhow, thanks for your service mate!
Goodnight & good luck 

The government pressure doesn't work like "Oh man please close your service!". No way. They just come and arrest you for illegal activity. We are the privacy experts, it is hard or impossible to find out our location and personality, our servers are located in the country where Bitcoin is not considered as a currency, etc, etc. I could sell the business for our competitors for $5-6M, but I will not do this. 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.

It seems that the service has been shut down already. In that regard, I want to thank you for every single time I had the opportunity to use your service to enjoy a certain form of privacy. I wish you the best of luck with every future project you get involved in, and perhaps we'll see you pop up again in a different way. I seriously feel bad right now.