Bitcoin Forum

I read on several websites that especially gov agencies are not capable of tracing bitcoing transactions.
On the other hand I read that Monero at this moment has the most security in tracing. Is this true ?

Can be not true, but anything can happen without a certainty of security. Accessing btc is possible because it has its own code, but this can not be done by no expertise people

I can't really comment on Monero as I haven't done enough research.

But regarding governments being incapable of tracing BTC transactions: this is not true, at least not anymore. Blockchain analysis companies like Chainalysis and Elliptic are becoming very sophisticated, and a lot of money is pouring into the sector. These companies are definitely working with governments (and law enforcement) to help identify darknet market and money laundering activity.

I also think that as Bitcoin services and exchanges become more mainstream and therefore increasingly pressured to comply with AML/KYC laws, that they will be working with these companies to root out nefarious customers.

I do not know if it's true, but base on what I know in the US they're collecting taxes with bitcoin users, it is an income tax and they're the one who's writing the details of their tax and if they don't pay the taxes they needed to pay they can be easily trace, I've been told that the government in US have a way to trace them. So there is a chance that bitcoin is traceable.

monroe is not traceable but bitcoin is. some companies use bitcoin tracing as business model.

Definitely there is a way in tracing it, just like in the Blockchain when they trace the wallet address there is a certain way to do it, and if it is in the network of the world wide web hacker can certainly have a crack code in doing this, we are in the age where every bits of information is in the internet even storing in the cloud isn't that safe enough and can surely be hack that is why a possibility is indeed there. 

all those website are wrong. or possibly you didn't read the full thing to understand it.

bitcoin transactions aren't exactly traceable to you but they are not anonymous either. it is somewhere in between.
since everything is public, you can see everything on the blockchain and using this you can do some analysis and come up with some results about where the funds come and go and possibly tell who they belong to. but this is not 100% and will never be 100%.

so far Monero is the best cryptocurrency with anonymous transactions that others.

Excuse me but I don't agree with you. There are far better cryptocurrencies focused on privacy. For example Zencash is better than monero regarding anonymous transactions, it can't even be compared to Monero. Just take a look at the project and you will change your opinion

A normal Bitcoin transaction made by a normal user without any precautions whatsoever, is 100% traceable back to a person and could easily be used to identify him.
The use of a VPN, TOR and a Bitcoin mixer alleviates the problem, but it's not nearly as safe as just using Monero.

The problem is that Monero isn't particularly liquid. It's not used particularly widely. Another potential problem is that there are legitimate scaling concerns with Monero; right now, such heavy transactions may be tenable, but what about with Bitcoin's level of transaction load? Mandatory anonymous transactions comes with a pretty high cost.

Even with the use of VPN, TOR and mixers, you can be sure that Chainanalysis and law enforcement agencies are working to de-anonymize those using BTC on the darknet markets. Honeypots abound...... :-\

The guy that is developing segwit2x has a company that spies on people's transactions and im sure it's working with governments, google Jeff Garzik bloq and you will find out the information. Needless to ask: would you put in charge of Bitcoin a guy that is working in blockchain spying stuff? This is a path to destruction, which is another reason why segwit2x must and will fail. If we want Bitcoin to stay sovereign, we can't let these people become the devs of the main implementation, otherwise sooner or later they will put KYC stuff at protocol level and it will be too late to revert it because all miners will be bribed with big gov money to support it.

Yes No

Well, it seems that at least some transactions are traceable in Monero.

http://www.altcointoday.com/monero-transactions-traceable/

Surprisingly, if a coin can beat the security bitcoin. I have never studied Monero, however, if it is really the most secure currency, it should be widely used. But no, it's still just a normal altcoin. It is not special.

Bitcoin was built to be transparent don't know about  the traceability. Some say it can be made untraceable with the use of Bitcoin Mixer

I've read comments that this is no longer the case.

Nahh it is quiet useles to track bitcoin, you can see how much money is going, but you cannot see from where and to whom.

It cannot be trace by anyone because bitcoin users and transaction being anonymous to everywhere when the know TX ID or wallet address. If you bother about technical and hacking issue. Until you share the private keys no one can hack yours. I am not monero transaction issues.

In our time nothing can be done secretly. Your first login to the Internet forever leaves a trace. On this trail you can track. In addition, any user periodically cashes the bitcoins to Fiat. This allows you to easily see all your transactions. The privacy of bitcoin is only a beautiful tale.

I cannot imagine that there are no briljant minds here that wouldn't know how to get around that and that wouldn't have an insight in how the govs are identifying coin users.