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Title: Introducing BitLaunder - Money laundering done right! Post by: bitlaunder on June 11, 2011, 03:19:10 PM After two weeks worth of development and preparation, we're finally done.
Bitlaunder is a money laundering service. We help you move X BTC from address A to address B, leaving no ties between the two. All the information you need to know is right there on the home page (but if you have any questions, post them here!). Quote Here at BitLaunder, we help you get BTC from one address to another leaving no ties between the two. Be assured that the coins you submit to us will never actually be forwarded to your account, but you'll receive the same amount (minus a 4% service fee) from a completely different address, with no history relating back to your coins at all. We keep no internal historic records, except tfor emporary database records that the system needs to work. How do we acomplish this? Quote Pretty simple, actually. We take the bitcoins you send us and exchange them for other a real-life currency, and then back into BTC. This puts your coins in the market and gives us totally new coins from other sellers. We also split up the process into several smaller payments to further obscure things. Why Tor? Quote We use Tor to provide you with an extra layer of anonymity. BitLaunder values privacy greatly for us, and you. Tor is beneficial to all. How long does the process take? Quote That depends on a number of factors, but your coins should arrive at the output address within one week. BitLaunder - Money laundering done right. (http://xuie7qspblyer5ms.onion/) Good luck and happy laundering! Also looking for suggestions for future ideas you'd like to see implemented. Any comments would be greatly appreciated. Title: Re: Introducing BitLaunder - Money laundering done right! Post by: poppoob on June 11, 2011, 04:13:28 PM I had this Idea and I totally support it!
Title: Re: Introducing BitLaunder - Money laundering done right! Post by: Ian Maxwell on June 11, 2011, 04:28:02 PM This isn't really money laundering. Money laundering is about taking earnings you can't put on the books for whatever reason, and turning it into money you can put on the books, so that you can spend it without raising eyebrows at the IRS. With this, you put in a bunch of bitcoins and get a bunch of bitcoins, and still can't explain how you got them.
Title: Re: Introducing BitLaunder - Money laundering done right! Post by: muad_dib on June 11, 2011, 06:19:09 PM What happens if there is a big price change during the process? I.e.:
A wants to send 100 BTC to B. A send money to Bitlaunder. He sells the BTC @ 20USD, Then BTC goes up to 50$. Will Bitlaunder send 100BTC to B, or 2000$ worth of BTC (40 BTC) to B? Title: Re: Introducing BitLaunder - Money laundering done right! Post by: FlipPro on June 11, 2011, 06:29:58 PM You can already make bitcoins super anonymous without having to "launder them"... I won't even waste my time explaining how, but all this does is give another bad name to an upcoming idea. I am now starting to realize that the biggest problem with bitcoins, isn't bitcoins. It's people's disgusting ability to manipulate anything to their unfair and inconsistent advantage.
Title: Re: Introducing BitLaunder - Money laundering done right! Post by: Oldminer on June 11, 2011, 06:33:26 PM I am now starting to realize that the biggest problem with bitcoins, isn't bitcoins. It's people's disgusting ability to manipulate anything to their unfair and inconsistent advantage. You mean like the government does? Title: Re: Introducing BitLaunder - Money laundering done right! Post by: MindFunk on June 11, 2011, 06:37:56 PM I am now starting to realize that the biggest problem with bitcoins, isn't bitcoins. It's people's disgusting ability to manipulate anything to their unfair and inconsistent advantage. You mean like the government does? Exactly!!! 8) Title: Re: Introducing BitLaunder - Money laundering done right! Post by: FlipPro on June 11, 2011, 06:43:13 PM I am now starting to realize that the biggest problem with bitcoins, isn't bitcoins. It's people's disgusting ability to manipulate anything to their unfair and inconsistent advantage. You mean like the government does? or atleast make an attempt to be the good guys. I have alot of sympathy for people creating casinos/pokerrooms/ and any other "questionable" websites so long they go through the rigorous testing required to make them secure. But money laundering, when its not even needed? You can make separate bitcoin addresses and send each transaction to a SEPARATE ADDRESS, sending from SEPARATE addresses. Sending money to a known launderer who may be tracked by the government only heightens your chances of getting CAUGHT ! Why not just make separate transactions, in small amounts, to separate addresses, if you are so worried about privacy? I hate to shit on your site but is only more bad publicity. Anyone defending bad publicity is only out to benefit in the short term. THINK ABOUT IT... Title: Re: Introducing BitLaunder - Money laundering done right! Post by: JellyfishRancher on June 11, 2011, 08:38:49 PM I am now starting to realize that the biggest problem with bitcoins, isn't bitcoins. It's people's disgusting ability to manipulate anything to their unfair and inconsistent advantage. You act as if these kinds of activities only happen with bitcoins, and no where else. This isn't a "problem with bitcoins" at all, just a "problem for you".Title: Re: Introducing BitLaunder - Money laundering done right! Post by: dodgrr on June 11, 2011, 08:44:13 PM it seems like it takes way more effort to hide ill-begotten gains than to just earn them legally ;D
Title: Re: Introducing BitLaunder - Money laundering done right! Post by: FlipPro on June 11, 2011, 09:28:13 PM it seems like it takes way more effort to hide ill-begotten gains than to just earn them legally ;D thats the beauty of the system, great post.. |