Why Mixing Bitcoin?? - page 3. | Bitcointalksearch.org

TravelMug

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Quote from: lesor on October 20, 2019, 02:54:37 PM

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.

OK if you don't mix your coins, you can easily be tracked because of blockchain (which is public), so your privacy is somewhat breached, which is one of the main reasons why people wanted to be in crypto sphere in the first place, hide their wealth.

So if you used mixing services, you somewhat obfuscate your identify and improved your anonymity.

Coin_trader

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Quote from: lesor on October 20, 2019, 02:54:37 PM

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.

The answer is already in your statement. To make it simple. To unlink their real name to those previous "QUESTIONABLE" transaction. At some point. I'm against on bitcoin mixer because it helps criminal clean their track. Roll Eyes

Red-Apple

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Quote from: lesor on October 20, 2019, 02:54:37 PM

... 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.

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?
that is the same with bitcoin mixing. bitcoin is not anonymous and many don't want any Joe on the internet snoop around in their wallets to see how much bitcoin they own, where they spend it,... so they use mixers.

NathanJB

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Quote from: lesor on October 20, 2019, 02:54:37 PM

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.

Cryptocurrency users use crypto mixers to cut the tracks of your crypto transactions or coins. They are basically designed to improve crypto anonymity. Without mixers, crypto transactions could be traced. The blockchain presents all the transactions to the public. Everyone can view the movement of a certain coin, which address it came from and where it goes, and then moved again to another one, and so on. With a mixer, it is given a dead end.

livingfree

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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.

lesor

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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.

Topic: Why Mixing Bitcoin?? - page 3. (Read 401 times)