Bitcoin mixing is basically about privacy, while blockchain promotes privacy to it's highest levels, it also makes every transaction accessible to anybody who cares to look, while your identity is not tied to your transactions, anybody can view every transaction you make and many people do not like this so they use bitcoin mixers to mask their transactions.
And other people use that if they are hiding something and they don't want to reveal where the balance came from. Even gamblers use this mixer so they can convert it to Fiat easily without being questioned where the balance came from before they convert it to fiat because some exchange has strictly rules against gambling.
Topic: Why Mixing Bitcoin?? (Read 448 times)
I know you are curious about the use of the bitcoin mixer, it is used to disappear the traces of transactions that are done and to hide all the activities of the elements, of course the main mixer also allows us to remain anonymous, the transactions are also mixed so that it disappears and cannot be accessed by anyone, Overall cryptocurrency in general fundamentally promotes our anonymity and transparency
I am for anonymity, but I do not really like mixers because their frequent customers are money launderers, hackers, and other criminal elements.
This cryptocurrency free market is free here, everything is possible here.
But I think everything will agree with me that scammers, scammers, deceivers in the crypto industry very much damage the reputation of both the crypto community and the cryptocurrency as a whole.
In this case, the mixer acts as an excellent tool for hiding the activities of criminal elements, and I do not like it.
However, it is obvious that the very existence of mixers is not the cause of criminal activity.
Mixers allow you to remain anonymous, but if there weren’t crime, ordinary people wouldn’t need anonymity, because they need it first of all for security.
This cryptocurrency free market is free here, everything is possible here.
But I think everything will agree with me that scammers, scammers, deceivers in the crypto industry very much damage the reputation of both the crypto community and the cryptocurrency as a whole.
In this case, the mixer acts as an excellent tool for hiding the activities of criminal elements, and I do not like it.
However, it is obvious that the very existence of mixers is not the cause of criminal activity.
Mixers allow you to remain anonymous, but if there weren’t crime, ordinary people wouldn’t need anonymity, because they need it first of all for security.
By the time you heard Mixing what were you thinking? Mix, like cofffe, juice and much more. Now you add the bitcon "Bitcoin Mixer" what do you think now?
The transaction is mixed up so that it is lost and cannot be accessed by anyone. That's reasonk why there is a "Bitcoin Mixer"
The transaction is mixed up so that it is lost and cannot be accessed by anyone. That's reasonk why there is a "Bitcoin Mixer"
Bitcoin mixing is basically about privacy, while blockchain promotes privacy to it's highest levels, it also makes every transaction accessible to anybody who cares to look, while your identity is not tied to your transactions, anybody can view every transaction you make and many people do not like this so they use bitcoin mixers to mask their transactions.
And other people use that if they are hiding something and they don't want to reveal where the balance came from. Even gamblers use this mixer so they can convert it to Fiat easily without being questioned where the balance came from before they convert it to fiat because some exchange has strictly rules against gambling. 
While Cryptocurrencies and blockchain technology in general fundamentally promotes anonymity and transparency, that transparency can be too much for certain people especially people who tend to move a lot of money online, while there are no names attached to bitcoin wallets, it would be easy to link a face with a wallet with the right resources so people tend to use mixers to mix their funds so it cannot be traced back to them or linked with their identities, it doesn't mean that they are doing something illegal, it simply means that they are doing everything possible to preserve their anonymity.
Bitcoin mixing is basically about privacy, while blockchain promotes privacy to it's highest levels, it also makes every transaction accessible to anybody who cares to look, while your identity is not tied to your transactions, anybody can view every transaction you make and many people do not like this so they use bitcoin mixers to mask their transactions.
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Does anyone still think Bitcoin mixers are working? This is completely bullshit. Someone who wants to follow you can do it in an easy way.
If you don't really want your cryptocurrencies to be tracked, you need to use privacy coins, like Monero, Zcoin etc.. This is the only way you can stay anonymous while you make a cryptocurrency transfers.
If you don't really want your cryptocurrencies to be tracked, you need to use privacy coins, like Monero, Zcoin etc.. This is the only way you can stay anonymous while you make a cryptocurrency transfers.
Yes and this is not completely bullshit. How can someone follow your coin if it is swap to coin? Let's say someone following your coin via blockchain then you send it on mixer. Do you really think that they can follow where will be your new token to be sent since a new coin will gonna use and your old coin will remain on mixing wallet?
I will just believe in you that it is completely bullshit if the user of the mixer will use same wallet address to send and receive the coin.
Does anyone still think Bitcoin mixers are working? This is completely bullshit. Someone who wants to follow you can do it in an easy way.
If you don't really want your cryptocurrencies to be tracked, you need to use privacy coins, like Monero, Zcoin etc.. This is the only way you can stay anonymous while you make a cryptocurrency transfers.
If you don't really want your cryptocurrencies to be tracked, you need to use privacy coins, like Monero, Zcoin etc.. This is the only way you can stay anonymous while you make a cryptocurrency transfers.
most often people do this in order to hide some dubious purchases or payment for dark services. but it’s also possible that people simply don’t want anyone to know who owns the bitcoin address
Mostly, those that have a very huge holdings of bitcoin are using mixer. But in my opinion, why should we mix if we can directly transfer funds? Because is some way it induces the feeling that what they are doing is illegal, except for the fact that funds from gambling relies on mixers to still be deposited in exchanges in the market. So, if you don't have a fishy transaction, there's no need for you to mix your bitcoins.
Please I may not be the only lame man here I've longing to know why People typically use bitcoin mixers to mask any previous "questionable" transactions from the bitcoin that they are likely cashing out in their real name. Now let me know about purpose of mixing bitcoins.
It's a way to stay anonymous and use bitcoin anonymously, but waste of time and effort. The whole point of Bitcoin is that it's stored on a universal ledger that everyone has access to, as opposed to private servers that communicate with each other, such as banks. you are exposed by either buying them with a bank account or cashing them out with a bank account. you maybe not know that a FBI’s special agent claimed that they were able to de-mix funds moved through a bitcoin mixer and traced the funds to the admins in real life. Hence, the only truly anonymous option for untraceable Ccrypto purchases is Monero now.As a advise, if you want to mix up a couple BTC, you just find some BTC dice sites. Trusted ones at that, send btc there, make a couple small bets and withdraw. They'll send you back different coins. Also works with a couple exchanges. don't trust any mixer out there.
To become anonymous and that's why many are using coin mixing services. You know that's the main purpose of bitcoin mixers and the reason should be attached there for each of its users.
And as for mixing services, be careful with it too because some new coin mixing services are there to scam people. If you want to use a bitcoin mixer, use only the reliable ones like chipmixer.
And as for mixing services, be careful with it too because some new coin mixing services are there to scam people. If you want to use a bitcoin mixer, use only the reliable ones like chipmixer.
you didn't ready carefully he said, that when they cash out they reveal they real name, in the end, so why mixing, if you that cash to buy something that expose your identity anyway? i could understand mixing if you DON?T cash out and buy with bitcoin, but in this case it look stupid
And you didn't even gave an opinion about the question of op about what is a bitcoin mixer. Using that cash is out of the question, we're only dealing with the use of mixers.
Please I may not be the only lame man here I've longing to know why People typically use bitcoin mixers to mask any previous "questionable" transactions from the bitcoin that they are likely cashing out in their real name. Now let me know about purpose of mixing bitcoins.
its for hiding your transactions
but keep in mind that dosen't 100% mean it's for criminals only
there's much OPPRESSION in many countries, and some feel like they HAVE to hide their money
ive never used one, as i have never NEEDED too, but i understand others do
Of course it wasn't design for criminals, but the thing is that they take advantage of this mixing services around and that's why it has given bad reputation in crypto in general.
I personally used mixing services to hide myself from everyone, and enhance my security and privacy in this crypto sphere. However, for those who are really paranoid about their privacy, its better to move to privacy coins such as Monero and not used a tumber services, in my opinion.
Some exchanges also don't let you spend your Bitcoin at certain places for some reason; one popular exchange I see that limits where you're allowed to spend your coins is Coinbase. The site explicitly states in their User Agreement which you can access by clicking here that you're not allowed to use any crypto obtained from the site for gambling:
Mixing helps you bypass this by hiding the trail of where your funds are going so exchanges can't snoop into what you're doing as closely. It's generally a good thing that others don't know exactly where or how you're spending your money as well.
Quote from: https://www.coinbase.com/legal/user_agreement
Gambling: Lotteries; bidding fee auctions; sports forecasting or odds making; fantasy sports leagues with cash prizes; internet gaming; contests; sweepstakes; games of chance
Mixing helps you bypass this by hiding the trail of where your funds are going so exchanges can't snoop into what you're doing as closely. It's generally a good thing that others don't know exactly where or how you're spending your money as well.
Please I may not be the only lame man here I've longing to know why People typically use bitcoin mixers to mask any previous "questionable" transactions from the bitcoin that they are likely cashing out in their real name. Now let me know about purpose of mixing bitcoins.
its for hiding your transactions
but keep in mind that dosen't 100% mean it's for criminals only
there's much OPPRESSION in many countries, and some feel like they HAVE to hide their money
ive never used one, as i have never NEEDED too, but i understand others do
The bitcoin transactions are public, not anonymous by design that is where the "bitcoin mixing" comes in.
The bitcoin mixing is designed to help make the bitcoin transactions fully anonymous, secure, and untraceable by anyone.
The bitcoin mixing is designed to help make the bitcoin transactions fully anonymous, secure, and untraceable by anyone.
Please I may not be the only lame man here I've longing to know why People typically use bitcoin mixers to mask any previous "questionable" transactions from the bitcoin that they are likely cashing out in their real name. Now let me know about purpose of mixing bitcoins.
They just wanna keep their privacy and is this a problem? The main role of the mixer to eliminate your real address that already used to send bitcoin. Some people are thinking their privacy matters a lot. That's why they have managed to mixed their address to get the best privacy and they don't wanna get traced by unknown person or scammer maybe.
I do not understand why you mixing the bitcoin, you can use privacy coin that no one can track you
Bitcoin mixers are useful and at the same time are an unnecessary thing. They are needed for the convenience of cleaning up their unwanted transactions. But man nothing not prevents create more wallets for themselves and under every might to appoint tasks. Mixers few people use as frequent cases of fraud with this tool.
why didn't you post your real name, address and bank account balance here on the forum? is your actions "questionable" because you wanted to keep your privacy?
And this is the reason I have shades on my windows, because I like my privacy whether I'm doing anything wrong or not. I haven't used a mixer, tho as I have never seen the need to. That's me personally and I have nothing against anyone else using them because I understand the desire for financial privacy. It is such a rare thing these days with all transactions using debit or credit cards being peeped at by who knows who, and bitcoin itself isn't even completely anonymous.
It is a good thing mixers haven't been made illegal...yet. There were several that shut down not too long ago, tho I forget which countries they operated out of.
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