Why so many mixers all of a sudden? | Bitcointalksearch.org

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Quote from: Dr.Bitcoin_Strange on May 19, 2023, 06:04:34 PM

Quote from: Onset on May 19, 2023, 04:31:10 PM

Throwback to last year, there were only few mixers you’d be able to pick from. .

Fast forward to this day, there are so many mixers you can now choose from!

why is that?

Coinomize was launched in May 2019.

Sinbad was launched in 2022.

Yomixer was launched in 2022.

UniJoin Bitcoin mixer was launched in 2022.

I'm not sure when Mixero was launched, but they created their own thread on this forum on November 2022.

The only mixer that was Lounched this year is the Whirlwind.

So, you are wrong to say that a lot of Bitcoin mixers were lounched this year. Most of them have existed, but they have not been advertised on the forum yet through signatures.

Also, the reason for more Bitcoin mixers being in existence is to increase anonymity in Bitcoin transactions. For example, if there are people who have passed different KYCs on different platforms where they bought their Bitcoin, those platforms can still track the individual through their KYC details and login IP, but if, after buying Bitcoin on CEX, you mix your Bitcoin on the mixer, your coin cannot be tracked again because the mixers help to protect their privacy.

The list of Bitcoin mixers out they go on and on more than many people know and the problem is makes our projects are now a big target for the government and the law agencies around the world they believe that people are using these services to a zero money and hide from possible arrests by the the law enforcement agencies.

So the Bitcoin mixers that doubts their privacies have only one option left, and that's to hide themselves from Plain Sight and not advertise their mixer services that very much, they decide to do things on low-key.

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Quote from: Onset on May 19, 2023, 04:31:10 PM

Throwback to last year, there were only few mixers you’d be able to pick from. And even these were for the most part unknown and you couldn’t tell much about how safe they are and whether they’re honey pots or real mixers.

Fast forward to this day, there are so many mixers you can now choose from! Which begs the question for me, why is that? I get it, Chipmixer is down so some people saw an opportunity. But is this the real answer or is there some kind of service creating mixers out of thin air like those services we used to have which allowed you to create a new Altcoin in literally minutes?

To be fair and honest with you, I’m scared of using these unknown mixers especially now that new ones pop up so often.

Throwback to last year, there weren't many Bitcoin exchanges, many bitcoin ATMs, many bitcoin payment processors, there wasn't BTCPayserver. This is a business man, this is a brand new business industry and when it's fresh, we should expect a development of a lot of services over time. There may be many services at some point but over time, the competition, fair or unfair, will takeover others and the number of active businesses will narrow but the successor ones will establish more and improve their services.

Bitcoin mixing is a great business, a large sum of profit is generated every minute, it's not hard to get customers, things are done online. I have an opposite question, I'm even curious, why don't we have even more bitcoin mixers?
There are still some old and well-run mixers, btw this business hugely depends on trust.

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Quote from: sheenshane on May 21, 2023, 06:55:12 PM

Quote from: jossiel on May 21, 2023, 06:50:01 PM

Therefore, we've seen a lot of them coming to the market and offering the best service and even the most and best competitive fee that they can ever offer to each user.

This is very simple to guess, it might be the reason just because the most competitive Bitcoin mixer has been down and seized and now they know that they can compete with other small Bitcoin tumblers.

I'm thinking also this way.
Is it possible that Chipmixer staff or founder still operating a mixing service via a different name as we see there are too many mixing services appearing?

That's possible, maybe the staff but not the founder himself.

We don't know as it's all speculation but we know that when someone who's engage into a specific business like mixing service. They'll be back with a new branding and start freshly.

But then, we'll never know until they're the one who'll open it up that they're related to the past and most known mixing service. And as of now, let's just think that everything's gone and just gonna look at these new set of new mixing businesses.

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Quote from: Woodie on May 22, 2023, 08:56:33 AM

It might look like these mixers came on the scene after Chipmixer seizure but most of these were formed before all this happened.

True, some of these existed before CM closed down, while several new services have also developed since then.

Mixer services are a promising business, so when one of the biggest mixer services closes due to legal problems, other mixer services will become famous. Bitcoin users need privacy, not because they intend to be malicious - but they just don't want governments tracking them. It's clear that mixers can be abused, but that's not the mixer's fault - it's just misuse on the user's part.

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Quote from: Onset on May 19, 2023, 04:31:10 PM

Throwback to last year, there were only few mixers you’d be able to pick from. And even these were for the most part unknown and you couldn’t tell much about how safe they are and whether they’re honey pots or real mixers.

You're right, there were only but few ones present and active in the past but things have changed this time around that people now have many to choose from, but what matters most is the reputation they have laid, the kind of developers that are in charge of the runnings and how influential is the mixing company in the society, this could also be weigh through their financial stand, policies and conditions that surrounds their mixing company and many more.

Quote from: Onset on May 19, 2023, 04:31:10 PM

Fast forward to this day, there are so many mixers you can now choose from! Which begs the question for me, why is that? I get it, Chipmixer is down so some people saw an opportunity.

You can considers the reputation and standard chipmixer had laid and achieved while it was still operational because they went went down, those customers using them will definitely look in for more advanced mixing company to use and everything is all about competition, if you're able to meet up to the standard of what's being required by them, they will definitely patronize you, who knows maybe chipmixer may come back in the nearest future or not, but what they have made was a good reputation that their customers will always want to receive their kind, we have coinomize as well among the reputable mixers on this forum making quality delivery with an optimum service conditions as that of CM.

Woodie

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It might look like these mixers came on the scene after Chipmixer seizure but most of these were formed before all this happened.
By the way, you know how people say there is strength in numbers...I believe this is the same concept to be applied here as having more of these tumblers around in the crypto industry makes them stick around more...it's like the days of piratebay and torrenting , when it was seized more came on the scene and these have never closed down as they have that multiplier effect after chopping one down.
Besides crypto being pseudonymous, we have always believed it has that anonymity to it and mixers help in doing so for the privacy conscious users.

Agbe

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Quote from: dansus021 on May 19, 2023, 08:29:07 PM

Chipmixer is seized by the government and pretty much mixing is a profitable business. Just by looking at the campaign alone, you can see a bunch of it, and all of it pay a heavy amount of money for signature. The business is high profitable just like gambling that is why is all over the place and after the chipmixer is gone there is a big hole and everyone want fill that hole.

Mixing coins is business so I don't believe on the part it was Chipmixer that was clouding other mixers to spring up. Though to some extent Chipmixer was intimidating them but others had not used the right strategy to come up. And Chipmixer was popular than others, so as Chipmixer collapsed customers have to go to another mixer and there was no particular one to go by so Mixers just came up and full all corner and users are testing all to know the best.

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Quote from: Wildwest on May 22, 2023, 07:22:56 AM

There are many mixers today because of the growing development and many people who are interested in mixers, so the emergence of fake mixers who want to benefit the popularity of the original mixer so in this case we must be careful not to get caught in a fake mixer that can harm us all, and currently there is one trusted bitcoin mixer compiled directly by LeGaulois and this you can find which is the difference between fake and real, So with the presence of many mixers so that the original is less trusted because their privacy has been used by others, because they know that mixers are a big business for now so that various other sites arise that want to damage it.

On the forum, we have a lot of mixers running campaigns, you don't need to spend time looking outside to get into unnecessary trouble. If you want to use the mixer to your standards then you should visit the mixer topics we have to see the most real user reviews. From there, you can choose for yourself a suitable mixer. Yes, mixers are also a big money business, so it's no surprise that when CM closes, more companies will take advantage of this.

ringgo96

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Mixers are one of the growing businesses today so that competition is getting bigger, and many people want to drop and this we have often felt in business, so to choose a mixer at this time we must be careful because there are many scamers who come with the same name so it will be difficult for us to distinguish if we are not careful in choosing, And Muxer privacy is currently a lot of debate, so more and more people want to know about mixers, fake mixers are born who want to take advantage of this opportunity.

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There are many mixers today because of the growing development and many people who are interested in mixers, so the emergence of fake mixers who want to benefit the popularity of the original mixer so in this case we must be careful not to get caught in a fake mixer that can harm us all, and currently there is one trusted bitcoin mixer compiled directly by LeGaulois and this you can find which is the difference between fake and real, So with the presence of many mixers so that the original is less trusted because their privacy has been used by others, because they know that mixers are a big business for now so that various other sites arise that want to damage it.

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Congratulations on finding out that there are many more mixers out there, it's not as if they are all new, it's just that finding them is harder because most mixers have decided to stay hidden from the government, that's my own believe as I don't have any prove to back this up, because mixers are supposed to be a hidden something because the law doesn't want them to exists, I bet that the law enforcement are always online looking forward to crucifixion of all available Mixers and there is no way Mixers will ever be transparent or go centralized.

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Do you have any update OP on which service you have used?

One of the things to consider is the reputation and how many people there are to use, and having that demand for mixers is high, you would have no choice but to try different mixers instead. They are more promoted since the top used mixer is down, and having that unique technology would also be an edge. They are fighting for market superiority now for sure.

MoonOfLife

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ChipMixer is the biggest mixer in the market, and they have made a lot of money on their service, the demand for anonymity and privacy in the market is very high. So, once ChipMixer dies, there will be opportunities for others because no one wants to pass up this lucrative field. You're right, there were a lot of mixers that popped up right after the government shut down CM, and this is a good thing, not as bad as you might think. Since the more services there are, the more choices there are, diversification is always more beneficial for users than monopoly.

qwertyup23

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Quote from: Onset on May 19, 2023, 04:31:10 PM

Fast forward to this day, there are so many mixers you can now choose from! Which begs the question for me, why is that? I get it, Chipmixer is down so some people saw an opportunity. But is this the real answer or is there some kind of service creating mixers out of thin air like those services we used to have which allowed you to create a new Altcoin in literally minutes?

To be fair and honest with you, I’m scared of using these unknown mixers especially now that new ones pop up so often.

Maybe this is the influence on of ChipMixer being down on the market. Ever since it shutdown, lots of mixers have been surfacing as ChipMixer controlled majority of the mixer services in the market. This is an opportunity for most mixers given the amount of profit that they earn in a given day.

If you are unfamiliar with a certain mixer, better ask first in this forum for feedback from other persons who have used it as well. If no feedback or information is given in a certain mixer, better avoid it for your safety and security. Only use mixers that are advertised in this forum or has ample feedback from the community so you can have an overview of their experience in using such service.

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Quote from: jossiel on May 21, 2023, 06:50:01 PM

Therefore, we've seen a lot of them coming to the market and offering the best service and even the most and best competitive fee that they can ever offer to each user.

This is very simple to guess, it might be the reason just because the most competitive Bitcoin mixer has been down and seized and now they know that they can compete with other small Bitcoin tumblers.

I'm thinking also this way.
Is it possible that Chipmixer staff or founder still operating a mixing service via a different name as we see there are too many mixing services appearing?

jossiel

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Quote from: AmoreJaz on May 19, 2023, 05:36:04 PM

Quote from: jossiel on May 19, 2023, 05:29:24 PM

When the greatest company has fell down and these competitors can't be par with them during its existence. So upon learning the news, this is an opportunity that they just can't let it pass.

There's no greatest now on this niche, market and business so, everyone is rushing as if there's a gold rush for these mixing companies to be in. That's no surprising when the competition on this niche is tough and the greatest have already been out.

It's time for each of them to get to the top as soon as they can and that's why marketing for most of the new ones have been aggressive.

i guess that's one of the major reasons why suddenly new mixers are coming to this market. CM is one of the biggest in terms of this business, and once they got out of business, definitely, people will try to fill in the empty seat. competition is good so they would want to attract their potential users by offering some sort of incentives or rewards. but we knew, only few can survive in this business.
also, be careful in choosing which mixer you would want to use. you may end up not getting your money if you happen to deal with a fly-by-night mixer.

No doubt that cm is the biggest that has ever existed but after the FBI ran over them, there's no one that's claiming that spot now so we've seen the taking over for which many have been active into taking it over through marketing.

Dunno, but we've got our preferences on which of them is likely the best currently and it's up to the likes based on how we use them. There's still a tough competition now and it's tougher because the spot for being the most known is empty.

Therefore, we've seen a lot of them coming to the market and offering the best service and even the most and best competitive fee that they can ever offer to each user.

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Quote from: Dr.Bitcoin_Strange on May 19, 2023, 06:04:34 PM

I'm not sure when Mixero was launched, but they created their own thread on this forum on November 2022.

June 2022 according to their domain registration date.

And then there is cryptomixer.io probably the oldest of them all whose journey started in January 2016. They don't even bother advertising. Perhaps because they already have a huge customer base that has been loyal to them even during the times of stiff competition from Chipmixer.

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Mixer services are used by people to improve their security and privacy in transaction matters.
Chipmixer is one of the biggest and most trusted mixers until it is finally considered problematic because there is a person accused of abusing a tumbler for illegal activity.
When the chipmixer has a problem, people who want to improve their security and privacy are looking for other Bitcoin mixer services to continue what they want.

Quote from: Onset on May 19, 2023, 04:31:10 PM

To be fair and honest with you, I’m scared of using these unknown mixers especially now that new ones pop up so often.

No need to be afraid to use a Bitcoin mixer because the goal is good because the Bitcoin mixer work system is very clear even though some parties consider using the Bitcoin mixer service is an effort to an illegal activity and is not proven at all.

If you are looking for a Bitcoin mixer service, you can try whirlwind.money that is able to improve user security and privacy.

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Quote from: Onset on May 19, 2023, 04:31:10 PM

To be fair and honest with you, I’m scared of using these unknown mixers especially now that new ones pop up so often.

I think many mixers have been around for a long time, but they are not so well known as Chipmixer. It can be said that when it comes to mixer, people will immediately think of Chipmixer, not having any other second name. But as we all know, CM is closed, and there are opportunities for other mixers as well. Everyone understands that this is the best time to replace CM, and if they win old customers from CM, they will be as strong as CM before. So I'm not too surprised to see so many mixing campaigns launch.

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Because privacy matters, and competition creates the best product for the consumer.

If you want to go down the rabbit hole, read the Chipmixer indictment by the U.S. DoJ and you'll see Bitcointalk mentioned no less than a dozen times: https://www.justice.gov/opa/press-release/file/1574581/download

The feds in the U.S. have unlimited subpoena power and will force any company within their jurisdiction to comply with their demands. That means you don't actually have any privacy on platforms that know your identity. Don't be an attractive target, respect your own privacy and OPSEC, and mix your coins if you care enough about your crypto privacy. I didn't think mixing coins was too consequential until I realized that subpoenas and FISA warrants are handed out by the U.S. government like candy. You can be a normal, law abiding citizen, and still be victim to their abuse. It isn't surprising why mixers are popular.

Topic: Why so many mixers all of a sudden? (Read 334 times)