Topic: The lagest Bitcoin mixer is about to stop working - page 7. (Read 91065 times)

BitMixer has a huge reserve of Bitcoins already in its system.

Don't see the point in blaming him.

One of the following:

- It is his own real reason, and he's entitled to do whatever he likes with his business (unlikely)
- He received pressure, but obviously he will not say it publicly (possible)
- He has read the writing on the wall and decided to leave and enjoy the profits before they put him in jail (likely)

Why anyone will be need clean BTC? Average people enough in bank payment system, they don't need bitcoin, 'cause bitcoin it's not a payment system not quite. Without decentralization and anonimity it will be worst than Visa.

There is no private here, all transaction are shown in the blockchain and you need FIAT to have a live.
Now every where, any critical store or business already implant "known your customer policy", you hide nowhere.

Like chinese proverb said that people afraid of businessman, businessman afraid of government. So you never win against government

Europool here.

Don't pay attention to what the first guy, bitmixer.io, said. It's safe to continue to use Bitcoin mixers. The nonprivate blockchain ensures this. We really can't trace anything on the nonprivate blockchain because we lack the resources to do so. Bitmixer.io is just ignorant.

Our US Government friends, in your best interest, encourage you to continue using Bitcoin mixers, Dash and Zcash. Don't pay attention to their CEO who said they could deanonymise your transactions. He was high that day and was just joking. What a riot!

Look. We don't care how you spend your money. We're only after terrorists but we need to monitor all transactions since we don't know who could be a terrorist. THere's really no way to narrow down a list of possible terrorists, no way at all and you know that's true, so we look at everyone. It's really no big deal though. I mean we can't trace anything anyway.

It's been a long day. I'm off to the pub to see a...get ready for it...mixologist. Wha-what? Because alcohol never hurt anyone but weed is worse than rapists. That's why we let rapists in and kick weed out. Note to self: delete the previous sentence before posting.

Thanks for your cooperation.

Don't see the point in blaming him.

One of the following:

- It is his own real reason, and he's entitled to do whatever he likes with his business (unlikely)
- He received pressure, but obviously he will not say it publicly (possible)
- He has read the writing on the wall and decided to leave and enjoy the profits before they put him in jail (likely)

he is always involved somehow.

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.

Europool here.

Don't pay attention to what the first guy, bitmixer.io, said. It's safe to continue to use Bitcoin mixers. The nonprivate blockchain ensures this. We really can't trace anything on the nonprivate blockchain because we lack the resources to do so. Bitmixer.io is just ignorant.

Our US Government friends, in your best interest, encourage you to continue using Bitcoin mixers, Dash and Zcash. Don't pay attention to their CEO who said they could deanonymise your transactions. He was high that day and was just joking. What a riot!

Look. We don't care how you spend your money. We're only after terrorists but we need to monitor all transactions since we don't know who could be a terrorist. THere's really no way to narrow down a list of possible terrorists, no way at all and you know that's true, so we look at everyone. It's really no big deal though. I mean we can't trace anything anyway.

It's been a long day. I'm off to the pub to see a...get ready for it...mixologist. Wha-what? Because alcohol never hurt anyone but weed is worse than rapists. That's why we let rapists in and kick weed out. Note to self: delete the previous sentence before posting.

Thanks for your cooperation.

http://www.europoolgroup.com/en

"Over a period of more than 20 years, Euro Pool Group has developed into the largest logistics service provider of reusable standard packaging in Europe."

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If you're trying to troll as EuroPol, at least write the name correctly.

Europool here.

Simpley switching to another crypto-currency is easier said than done, for starters the company or person your transacting with needs to accept that same currency as well.

That being say, if one would move towards DASH you'll get the following benifits
DASH
- easy to use private functions
- instant private sent (if you pre-mixed)
- Allot cheaper than bitcoin, and most privacy coins ( transaction costs will be 10x cheaper in the near future)
- An improved decentralized coinjoin, giving added privacy. Coinjoin has been tried and true for many years now, unlike other privacy technics

Do allot of positive things can be said about the competion:

Monero
- 26x blockchain bloat +high transaction fee's for that reason
- Wallet not that easy to use
- Most importantly off all, coins (could) be printed out of thin air without you know it, has been possible before !
https://getmonero.org/2017/05/17/disclosure-of-a-major-bug-in-cryptonote-based-currencies.html

Zcash
- They admitted in using a trusted setup, this means you have to trust that they have trown away the key's when they setup the coin, if not all transaction can be made transparant, and unlimited hidden printing
 

I received a lot of questions by PM, let's clear the situation.

1. We are not under feds control, all our users are safe, all logs and old wallets deleted. We had incredible multiserver custom written Bitcoin software and outstanding mixing algorithm. It is impossible find out even the fact you used bitmixer (it is possible only by logs of your provider if you didn't use tor version). We didn't had linked wallets, traceable ip addresses etc. Don't worry about your past transactions.

2. We do not sell the domain name nor our software nor methods we used for mixing.

3. All I wrote is true. I've changed the view of this business and Bitcoin future. About question "is a knife good or bad tool?". If you sell knifes and you know that most of your clients are murders, will you stop your business? My pastor suggest me it is not a business I should continue. Sorry for that.

4. The message to other mixers. If even btc-e considered as money laundering service, what do you think about your business? Don't be innocent.

Very important message for our investors who still didn't take money. Please take your principal using your investor panel.

Thank you.

It seems that it is pretty much confirmed that was the btc-e operator, and I have read no reliable reports about that being related to bitmixer.

Interestingly enough, the indictment was filed under seal on June 21, and bitmixer was announced to be shutting down two days later. It makes me wonder if either bitmixer was either somehow involved (meaning they were being run by the US Government), or if they had advance knowledge about the indictment (meaning they received requests for information from the US government, and were potentially provided information about their service they did not like).

Thinking about it a little bit, I think it is more likely to be the latter. Blockchain analytics companies have the ability to trace (larger) amounts of bitcoin that flow through most mixers, and it is possible that, as part of a request for information from law enforcement, they were provided with certain stats about their service regarding how much flows through their service from things like DNMs and ransomeware.

A little bit less likely, but it is also possible that bitmixer was in fact part of this. The indictment has a couple of paragraphs redacted, one of which is regarding a related company to the Alex guy. I suspect that some of btc-e servers were seized by law enforcement, causing them to go offline, and it is possible that some of bitmixer's servers were also seized.