Thinking about making a Bitcoin mixer - suggestions? - page 2.

reflector

sr. member

Activity: 826

Merit: 263

Quote from: shamoons on August 31, 2017, 01:10:28 PM

I know there's a variety of mixers out there, but I'm considering making my own. Part technical challenge for myself, part filling the hole left by bitmixer. It will be a centralized mixing service (not using coinjoin or anything). You send coins to some address and receive coins from another address. Nothing mind-bending, I know. But I'd love to get people's opinions on mixers they like, don't like, etc.

Thanks!

It's a great try but the mixing service is not easy handle with the small crew or not start up with the small investment. If you start that you need to make that famous among the bitcoin forum and it should be widely used by everyone as starts the business else your money will be in dustbin. Think well and decide it as your own decision.

shamoons

full member

Activity: 165

Merit: 100

Is there much need / demand for a pure BTC mixer?

xdeltax

newbie

Activity: 35

Merit: 0

Quote from: BitcoinNewsMagazine on August 31, 2017, 01:18:26 PM

Don't waste your time. The bitcoin chainanalysis companies have software that can see past mixers now, and have for some time. If you rely on a mixing service to anonymize your bitcoin when it comes time to cash out you may get a surprise. If you have bitcoin you need to anonymize you have to swap to an anonymous coin like Monero and back. The authorities hate Monero because they can not pierce the veil of that blockchain.

A good workflow could be:
activate vpn
create an online monero wallet
change btc to monero with changelly.com
create some more online monero wallets
send monero from 1st wallet to them
wait some days
create a btc paper wallet
change monero to btc with cryptonator.com

someone should create an online service for that using their api.

odolvlobo

legendary

Activity: 4522

Merit: 3426

Running a mixer would create a legal risk for you.

Quote from: BitcoinNewsMagazine on August 31, 2017, 01:18:26 PM

The bitcoin chainanalysis companies have software that can see past mixers now.

I would be interested in seeing information on that if you have any.

Yoandy10

newbie

Activity: 56

Merit: 0

Quote from: BitcoinNewsMagazine on August 31, 2017, 01:18:26 PM

Don't waste your time. The bitcoin chainanalysis companies have software that can see past mixers now, and have for some time.

That's true. The IRS recently confessed to have been monitoring bitcoin transactions for the past two years. I wouldn't be surprised if there is something even more sophisticated being used by the NSA, FBI, FinTEC, etc...

BitcoinNewsMagazine

legendary

Activity: 1806

Merit: 1164

Don't waste your time. The bitcoin chainanalysis companies have software that can see past mixers now, and have for some time. If you rely on a mixing service to anonymize your bitcoin when it comes time to cash out you may get a surprise. If you have bitcoin you need to anonymize you have to swap to an anonymous coin like Monero and back. The authorities hate Monero because they can not pierce the veil of that blockchain.

shamoons

full member

Activity: 165

Merit: 100

I know there's a variety of mixers out there, but I'm considering making my own. Part technical challenge for myself, part filling the hole left by bitmixer. It will be a centralized mixing service (not using coinjoin or anything). You send coins to some address and receive coins from another address. Nothing mind-bending, I know. But I'd love to get people's opinions on mixers they like, don't like, etc.

Thanks!

Topic: Thinking about making a Bitcoin mixer - suggestions? - page 2. (Read 618 times)