|
Title: Is bitcoin anonymous? Post by: Crptomagma on November 27, 2020, 06:08:18 PM Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account.
We should be more concerned about to what level or extent is bitcoin anonymous ? Title: Re: Is bitcoin anonymous? Post by: ChiBitCTy on November 27, 2020, 06:46:10 PM Like you said bitcoin is pseudo anonymous. I personally fear the lightning network making bitcoin anonymous. I've still yet to get a concrete answer whether the Lightning Network actually makes bitcoin truly anonymous or not, but if it does, I worry. Man countries don't allow their women to drive, vote, or hold many career positions that men do..why on earth are they going to allow an anonymous currency to operate in their country? Of course OTC will always live, but shutting down exchanges could be detrimental to bitcoins future.
Title: Re: Is bitcoin anonymous? Post by: BlackHatCoiner on November 27, 2020, 07:11:00 PM Bitcoin is anonymous. I don't know if it's pseudo anonymous or not, but if you have bitcoins on a non-custodian wallet there's literally no way for somebody to find out. Once you make a transaction, again, same thing. You just broadcast a signed message. Nodes don't know who moved the bitcoins, because they don't know who sent/received the message first.
When anonymity loses its point? Once you reveal yourself! If you believe that you have to sell your bitcoins, then yeah, at least 1 person will find out who you are, because somehow you'll have to transfer fiat. Cryptography makes it anonymous, whether we want it or not. Title: Re: Is bitcoin anonymous? Post by: Marvelman on November 27, 2020, 07:21:57 PM Was that meant to be a question or what? It seems to me that the OP has all the answers already and yet it brings up a subject that has been addressed on this forum several times already.
What's wrong with the Search function? (It was a rhetorical question, you don't really have to answer.) Title: Re: Is bitcoin anonymous? Post by: ChrisPop on November 27, 2020, 07:22:43 PM Bitcoin can be 100% anonymous if the user knows how to cover his tracks. However I don't think our society needs 100% anonimity. From my observations the average joe does not care much about privacy. Personally the fact that Bitcoin offers a high level of anonimity when making transactions is simply a bonus on top of the more important features like decentralization.
Title: Re: Is bitcoin anonymous? Post by: BIT-BENDER on November 27, 2020, 07:37:48 PM Bitcoin can be 100% anonymous if the user knows how to cover his tracks. However I don't think our society needs 100% anonimity. From my observations the average joe does not care much about privacy. Personally the fact that Bitcoin offers a high level of anonimity when making transactions is simply a bonus on top of the more important features like decentralization. The user covering tracks, is possible when the user is not in an serious interest, like when the user commit a fraud, crime and the user, uses bitcoin to implement the crime, the tracks can't be swept un-stained, it shouldn't even be so, if one commits a crime, anonymity can be of concern to people who aren't allowed into a project, contest, exchange and so on because of their location.Title: Re: Is bitcoin anonymous? Post by: Ayiranorea on November 27, 2020, 08:16:10 PM It is upto the user and the technical knowledge he has got in using a bitcoin wallet address for transaction purposes. When we talk of the anonymity, it is pseudo anonymous. This means everything is open and if the end users were known, then the entire detail of their wallets can be seen by everyone. To overcome the same it requires more form of mixing services. Anyhow if regulated surely it'll lose this unique feature.
Title: Re: Is bitcoin anonymous? Post by: coolcoinz on November 27, 2020, 08:32:23 PM It is anonymous as long as no personal details of yours appear in any of the transactions. This means that if you got coins for free from a friend or a member of family, or earned them in a signature campaign, they are anonymous. If you then go to a service that requires KYC and spend them there, they stop being anonymous, but if you exchange them with someone for something (barter) they will remain anonymous.
Title: Re: Is bitcoin anonymous? Post by: Oshosondy on November 27, 2020, 08:36:05 PM It is anonymous as long as no personal details of yours appear in any of the transactions. This means that if you got coins for free from a friend or a member of family, or earned them in a signature campaign, they are anonymous. If you then go to a service that requires KYC and spend them there, they stop being anonymous, but if you exchange them with someone for something (barter) they will remain anonymous. I can not agree to this, so far the coins can be tracked on blockchain, it is not anonymou. That is why bitcoin transactions are called pseudonymous because it is possible for the transactions to be known but not linked to the owner until it is linked with kyc, that is why bitcoin is called a privacy coin. There are some anonymou coins like monero, zcash and dash which transactions can not be seen on blockchain. Title: Re: Is bitcoin anonymous? Post by: Globb0 on November 27, 2020, 09:14:38 PM Do you realy think of bitcoin as anonymous?
can be easily linked to an IP address and anyway TRANSPARENT LEDGER! Title: Re: Is bitcoin anonymous? Post by: gentlemand on November 27, 2020, 09:26:04 PM You have control of how much you're willing to let slip. If you're committed you could in theory never link a real world ID to a transaction. In reality all it takes is one balls up and it's all blown to smithereens. No way could I be arsed to check myself every step of the way but if you're willing to stay alert it's conceivable.
Title: Re: Is bitcoin anonymous? Post by: Altcoinsintel on November 27, 2020, 09:35:37 PM Like you said bitcoin is pseudo anonymous. I personally fear the lightning network making bitcoin anonymous. I've still yet to get a concrete answer whether the Lightning Network actually makes bitcoin truly anonymous or not, but if it does, I worry. Man countries don't allow their women to drive, vote, or hold many career positions that men do..why on earth are they going to allow an anonymous currency to operate in their country? Of course OTC will always live, but shutting down exchanges could be detrimental to bitcoins future. Are you worried with your paper fiat being anonymous too? Aren't you worried that all exchange names and addresses have been leaked and every scammer can know your addresses? Title: Re: Is bitcoin anonymous? Post by: palle11 on November 27, 2020, 09:40:18 PM Bitcoin can be 100% anonymous if the user knows how to cover his tracks. However I don't think our society needs 100% anonimity. From my observations the average joe does not care much about privacy. Personally the fact that Bitcoin offers a high level of anonimity when making transactions is simply a bonus on top of the more important features like decentralization. I think it is because of the decentralization that people say is anonymous but if you have a bitcoin, people can know about it from blockchain or if you do transaction on exchange. They may not see how many balance from exchange as they don't have your code for security but they can see the value of transaction made. Title: Re: Is bitcoin anonymous? Post by: adzino on November 27, 2020, 09:44:23 PM Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account. You are correct. It is pseudonymous. But lot of people think that bitcoin is completely anonymous. And there are those dumb people that commit crimes using bitcoin thinking they won't get caught, but they eventually do. I remember few months ago someone groups of criminals were financing their crimes through bitcoin. They were using voucher codes to redeem coins, but they did get caught eventually.We should be more concerned about to what level or extent is bitcoin anonymous ? As long as you are connected to the internet, there will eventually a way to track you (unless you take extreme measures). I doubt anyone would want to track you by doing those complex deep analysis unless you have done some serious crime that resulted in national/international pressure. Title: Re: Is bitcoin anonymous? Post by: profullstack on November 27, 2020, 09:45:01 PM nope. its a public ledger. created by the NSA in collaboration with the CIA for use at the DEA and IRS.
Title: Re: Is bitcoin anonymous? Post by: catur123 on November 27, 2020, 11:14:45 PM It is anonymous as long as no personal details of yours appear in any of the transactions. This means that if you got coins for free from a friend or a member of family, or earned them in a signature campaign, they are anonymous. If you then go to a service that requires KYC and spend them there, they stop being anonymous, but if you exchange them with someone for something (barter) they will remain anonymous. I agree with you.I also feel dependent on your own thinking about bitcoin being anonymous or not as long as bitcoin is still in its goal. Title: Re: Is bitcoin anonymous? Post by: vaultman on November 27, 2020, 11:32:50 PM You can only identify a user if the person or exchange that sent you bitcoins transfers information to someone about you. There is no other way. Thanks to the use of bitcoin mixers, it is possible to achieve almost complete anonymity, but again, it is not known how the mixers work. Perhaps its creators are logging all IP addresses and wallets from which bitcoins were sent, and accordingly, they can also provide information about you.
Title: Re: Is bitcoin anonymous? Post by: oktana on November 27, 2020, 11:44:34 PM For me, I'd say bitcoin is anonymous. Considering the fact that I do not need to submit any personal document to transact with it. However, this post is quite thoughtful and has made me rethink. What if wallet app / site has been recording my IP addresses? What if they can use it to track me? ???
Title: Re: Is bitcoin anonymous? Post by: death69 on November 27, 2020, 11:46:59 PM Bitcoin is yes pseudoannonymous. But do you really care about uour anonymity while using bitcoin? Many bitcoin enthusisasts only focus their money and efforts so as to earn more money after investing. Being anonymity is not their concern. Bitcoin is becoming the digital gold with no doubt
Title: Re: Is bitcoin anonymous? Post by: #dhabitamartha on November 28, 2020, 12:43:30 AM Anonymous does not mean without control or without a legal owner, bitcoin can be owned, every user can invest and have an official and private wallet. sometimes we make buying and selling transactions we can't see where the person selling is from and we don't know who he is maybe this is my anoim but the transaction history is still detected and recorded by the wallet. miners may not even know who made the transactions
Title: Re: Is bitcoin anonymous? Post by: xnarf on November 28, 2020, 12:44:53 AM Depends on usage, however, bitcoin is not 100% anonymous. Bitcoin addresses can only be tracked towards an owner if linked with other sites or if "dusted" with exchanges tracked. Bitcoin has a blockchain explorer with any address able to be located and tracked. A truly anonymous option would be an altcoin such as Monero.
Title: Re: Is bitcoin anonymous? Post by: Lorence.xD on November 28, 2020, 05:19:44 AM Bitcoin is anonymous. I don't know if it's pseudo anonymous or not, but if you have bitcoins on a non-custodian wallet there's literally no way for somebody to find out. Once you make a transaction, again, same thing. You just broadcast a signed message. Nodes don't know who moved the bitcoins, because they don't know who sent/received the message first. I think this is the most appropriate answer so far, the cryptography is intended to make it anonymous, it is a Schrodinger anonymity, if you reveal yourself then it is not anonymous and if not then you are anonymous. The only question is how can authorities track this users who fund terrorist if they are anonymous.When anonymity loses its point? Once you reveal yourself! If you believe that you have to sell your bitcoins, then yeah, at least 1 person will find out who you are, because somehow you'll have to transfer fiat. Cryptography makes it anonymous, whether we want it or not. Title: Re: Is bitcoin anonymous? Post by: ranochigo on November 28, 2020, 06:51:48 AM Like you said bitcoin is pseudo anonymous. I personally fear the lightning network making bitcoin anonymous. I've still yet to get a concrete answer whether the Lightning Network actually makes bitcoin truly anonymous or not, but if it does, I worry. Man countries don't allow their women to drive, vote, or hold many career positions that men do..why on earth are they going to allow an anonymous currency to operate in their country? Of course OTC will always live, but shutting down exchanges could be detrimental to bitcoins future. Is that an issue with the government or is that an issue with Bitcoin? Anonymity doesn't present any issues that would interfere with the basic human rights. It's their own rights to their privacy and governments shouldn't have the liberty to track the activities of their citizens. Using methods to conceal their identity shouldn't be illegal or cause any concerns at all. If governments starts to ban Bitcoin on the grounds of anonymity, then I think Bitcoin is fulfilling it's primary purpose.Shutting down the exchanges will hinder the adoption of Bitcoin but isn't the main reason why Bitcoin is created specifically to promote freedom and circumvent the flaws of the fiat system? Title: Re: Is bitcoin anonymous? Post by: YOSHIE on November 28, 2020, 07:08:39 AM Questions are frequently asked by the community.
Answer, yes Bitcoin no Anonymous. You can read the topics below. Topic: Is it really Bitcoin Anonymous? (https://bitcointalk.org/index.php?topic=5041406.0) Topic: Bitcoin the anonymous cryptocurrency (https://bitcointalk.org/index.php?topic=5237571.0) Topic: Anonymity (https://bitcointalk.org/index.php?topic=241.0) Topic: Anonymous Bitcoin, Anon, and What the Upcoming September Hardfork Means (https://bitcointalk.org/index.php?topic=4911387.0) This is what Satoshi said: > Can nodes on the network tell from which and or to which bitcoin > address coins are being sent? Do blocks contain a history of where > bitcoins have been transfered to and from? Bitcoins are sent to and from bitcoin addresses, which are essentially random numbers with no identifying information. When you send to an IP address, the transaction is still written to a bitcoin address. The IP address is only used to connect to the recipient's computer to request a fresh bitcoin address, give the transaction directly to the recipient and get a confirmation. Blocks contain a history of the bitcoin addresses that a coin has been transferred to. If the identities of the people using the bitcoin addresses are not known and each address is used only once, then this information only reveals that some unknown person transferred some amount to someone else. The possibility to be anonymous or pseudonymous relies on you not revealing any identifying information about yourself in connection with the bitcoin addresses you use. If you post your bitcoin address on the web, then you're associating that address and any transactions with it with the name you posted under. If you posted under a handle that you haven't associated with your real identity, then you're still pseudonymous. For greater privacy, it's best to use bitcoin addresses only once. You can change addresses as often as you want using Options->Change Your Address. Transfers by IP address automatically use a new bitcoin address each time. > Can nodes tell which bitcoin addresses belong to which IP addresses? No. > Is there a command line option to enable the sock proxy the first > time that bitcoin starts? In the next release (version 0.2), the command line to run it through a proxy from the first time is: bitcoin -proxy=127.0.0.1:9050 The problem for TOR is that the IRC server which Bitcoin uses to initially discover other nodes bans the TOR exit nodes, as all IRC servers do. If you've already connected once before then you're already seeded, but for the first time, you'd need to provide the address of a node as such: bitcoin -proxy=127.0.0.1:9050 -addnode=<someipaddress> If someone running a node with a static IP address that can accept incoming connections could post their IP to use for -addnode, that would be great. > What happens if you send bitcoins to an IP address that has multiple > clients connected through network address translation (NAT)? Whichever one you've set your NAT to forward port 8333 to will receive it. If your router can change the port number when it forwards, you could allow more than one client to receive. For instance, if port 8334 forwards to a computer's port 8333, then senders could send to "x.x.x.x:8334" If your NAT can't translate port numbers, there currently isn't a command line option to change the incoming port that bitcoin binds to, but I'll look into it. -------------------- anonguy54: Request: Make this anonymous? Posted:Thu 15 of Oct, 2009 (19:58 UTC) Are there any plans to make this service anonymous? e.g; Being able to route BitCoin through Tor. There will be a proxy setting in version 0.2 so you can connect through TOR. I've done a careful scrub to make sure it doesn't use DNS or do anything that would leak your IP while in proxy mode. Another thing you would want to consider is browser finger printing and device fingerprinting. https://www.thewindowsclub.com/browser-fingerprinting http://testdeprivacidad.com/fingerprint/en Title: Re: Is bitcoin anonymous? Post by: Charles-Tim on November 28, 2020, 07:18:10 AM For me, I'd say bitcoin is anonymous. Considering the fact that I do not need to submit any personal document to transact with it. However, this post is quite thoughtful and has made me rethink. What if wallet app / site has been recording my IP addresses? What if they can use it to track me? ??? Because bitcoin can be tracked on bitcoin blockchain, it is not anonymous, people can not see or notice anything that is anonymous, but if you properly make the transactions and not linked to your personal identity, that makes it pseudonyms. Bitcoin is for privacy not for anonymity. Title: Re: Is bitcoin anonymous? Post by: Warkop on November 28, 2020, 07:30:25 AM According to what I know Bitcoin is not anonymous, because Bitcoin looks real and public, everything can be traced from the wallet address or transaction, but cannot be known for the personal data of the wallet address owner. Maybe only Bitcoin creators can be said to be anonymous, because everyone doesn't know their personal data from then until now. So if you are not sure it is better to do a review with what you are aiming at for this.
Title: Re: Is bitcoin anonymous? Post by: Leviathan.007 on November 28, 2020, 08:47:13 AM Bitcoin is not fully anonymous because anyone can see the transactions on the explorers like blockchain and they can trace the transactions easily if they want to. People usually use Monero as anonymous coin. however, you can never be 100% about your privacy. You can just increase your privacy protection by using mixer,tails os, tor network and VPNs. That's why many local exchanges won't accept the mixed bitcoins, because it's hard to trace the transactions.
Title: Re: Is bitcoin anonymous? Post by: Om.monata on November 28, 2020, 11:34:57 AM Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account. Bitcoin for now is like anonymous, but there are tech-savvy people who can easily track bitcoin and IP addresses, and can find out who are bitcoin users. So I think bitcoin anonymity is more transparent nowadays and it's no secretWe should be more concerned about to what level or extent is bitcoin anonymous ? Title: Re: Is bitcoin anonymous? Post by: Kong Hey Pakboy on November 28, 2020, 12:45:29 PM Bitcoin is not anonymous because all bitcoin transactions are stored in publicly that you can literally see every transaction on a certain bitcoin address permanently on it's network. The only way for you to make transaction on bitcoin's network anonymously if you only use a bitcoin mixers because you will be able to send coins randomly that it will be difficult for someone to track your bitcoins.
Title: Re: Is bitcoin anonymous? Post by: coolcoinz on November 28, 2020, 01:02:52 PM It is anonymous as long as no personal details of yours appear in any of the transactions. This means that if you got coins for free from a friend or a member of family, or earned them in a signature campaign, they are anonymous. If you then go to a service that requires KYC and spend them there, they stop being anonymous, but if you exchange them with someone for something (barter) they will remain anonymous. I can not agree to this, so far the coins can be tracked on blockchain, it is not anonymou. That is why bitcoin transactions are called pseudonymous because it is possible for the transactions to be known but not linked to the owner until it is linked with kyc, that is why bitcoin is called a privacy coin. There are some anonymou coins like monero, zcash and dash which transactions can not be seen on blockchain. Tracked to what? A random address that is not connected to your identity in any way? A bitcoin transaction can be just as anonymous as cash transaction. You can argue that cash also leaves a trace because every bill has a number that can be used to identify it, just as an address is unique and can be used to look up the transaction in the blockchain, but that doesn't mean the transaction itself isn't anonymous. Title: Re: Is bitcoin anonymous? Post by: CryptopreneurBrainboss on November 28, 2020, 05:09:13 PM Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account. We should be more concerned about to what level or extent is bitcoin anonymous ? Bitcoin remain anonymous provided you're anonymous, you don't expect after you have compile to all the KYC verification on exchanges, given them your private information and still expect your statue to stay anonymous. For others linking their profiles to specific address as a result of bounty promotions etc, you can't do such and still think you're anonymous. When you abstain from patronizing third party service providers which is very possible with the use of peer2peer service that don't require any verification and also use wallet that let you be in charge of your coins, you keep your identity intact and anonymous. This actually was the way bitcoin was design and intended to be used but the search for government approval have made it impossible to enjoy this features. Title: Re: Is bitcoin anonymous? Post by: The Cryptovator on November 28, 2020, 05:24:21 PM Isn't bitcoin in front of us and we are using it regularly? So how it would be anonymous? We can say Bitcoin creator is anonymous. We don't know who is behind that, still, they are anonymous. Bitcoin codes or transaction details aren't anonymous means Bitcoin isn't anonymous itself. But as a user, if you want to use it anonymously, then you can use it. If you care about your privacy then no one can reveal you but you should know all the technical things how you can use anonymously. It fully depends on you how you are going to hide yourself to stay anonymous.
Title: Re: Is bitcoin anonymous? Post by: pixie85 on November 28, 2020, 10:25:55 PM Transactions are visible but users od Bitcoin are anonymous if they are careful.
Avoid centralized exchanges, avoid KYC, avoid payments linked to your bank account like paypal, don't share your personal data and nobody will know who you are. Title: Re: Is bitcoin anonymous? Post by: JeffBrad12 on November 28, 2020, 10:49:26 PM Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account. The possible thing to tract the bitcoin addresses use the exchange site's account. I don't think that we can track the addresses use IP. The anonymously is not an important thing though caused by when you wanna trade your bitcoin and then you will always go to the exchange site to be able to withdraw your bitcoin to the money or trade it as well. If you wanna go fully anonymous and then go to the anon coin. Some anon coins have good tech too. We should be more concerned about to what level or extent is bitcoin anonymous ? Title: Re: Is bitcoin anonymous? Post by: Kelvinid on November 28, 2020, 10:56:46 PM People know already about Bitcoin, it was already been on the television, newspaper but the one that holds it remains anonymous until such time he/she pronouns himself/herself on the public.
What some people using Bitcoin for illegality get caught by the authority? Is that because we are not completely anonymous this time, we are already traceable, we left a record once uses bitcoin, and that it helps why illegal activities get caught. Title: Re: Is bitcoin anonymous? Post by: oktana on November 29, 2020, 01:43:19 AM For me, I'd say bitcoin is anonymous. Considering the fact that I do not need to submit any personal document to transact with it. However, this post is quite thoughtful and has made me rethink. What if wallet app / site has been recording my IP addresses? What if they can use it to track me? ??? Because bitcoin can be tracked on bitcoin blockchain, it is not anonymous, people can not see or notice anything that is anonymous, but if you properly make the transactions and not linked to your personal identity, that makes it pseudonyms. Bitcoin is for privacy not for anonymity. I think there's a problem in our definitions of anonymous. Anonymous simply means "Lacking Individuality". And, with that, I can say that bitcoin is anonymous as it doesn't reveal individuality. So, I guess it's from the definitions. Title: Re: Is bitcoin anonymous? Post by: yazher on November 29, 2020, 02:47:05 AM Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account. We should be more concerned about to what level or extent is bitcoin anonymous ? For some advanced users, no, it's not. But most of the users do find it hard to track a certain address so mostly it remains anonymous. Now that the other companies have to make their own way to contribute to Bitcoin, we will see the government will take its power to make Bitcoin as transparent as possible. we already have KYC on our list. After PayPal successfully implement a cryptocurrency payment on their company, we will see more development regarding its anonymity. Title: Re: Is bitcoin anonymous? Post by: FIFA worldcup on November 29, 2020, 04:11:43 AM Isn't bitcoin in front of us and we are using it regularly? So how it would be anonymous? We can say Bitcoin creator is anonymous. We don't know who is behind that, still, they are anonymous. Bitcoin codes or transaction details aren't anonymous means Bitcoin isn't anonymous itself. But as a user, if you want to use it anonymously, then you can use it. If you care about your privacy then no one can reveal you but you should know all the technical things how you can use anonymously. It fully depends on you how you are going to hide yourself to stay anonymous. If you have bitcoin is desktop or hardware wallets, then no one will know who is the owner of these bitcoins. All the transactions for bitcoin are done without being known who is the sender and receiver. However, if you have bitcoin stored on online exchanges and you have done KYC on those exchanges, then your transactions can be traced anytime on demand. Title: Re: Is bitcoin anonymous? Post by: Sithara007 on November 29, 2020, 04:21:32 AM Every single Bitcoin transaction is being stored in the Blockchain and therefore in a strict sense, Bitcoin is not anonymous. But it is not very easy to trace back the Bitcoin transactions to the individual user, unless at some point an exchange with fiat currency is being made. Anonymous coins are there, such as Monero and Deep Onion. But they never attained any sort of popularity or acceptance among the users and none of them are included in the top-10 list by Coinmarketcap.
Title: Re: Is bitcoin anonymous? Post by: AicecreaME on November 29, 2020, 10:10:46 AM Bitcoin is not anonymous like other cryptocurrencies since our wallet balances could be seen by anyone because it is stored in a public network, but the owner of a certain address is anonymous unless he is going to buy something that could be the reason of his identity to be revealed, that's why protecting your privacy using Bitcoin will depends on you.
Title: Re: Is bitcoin anonymous? Post by: KIZILAGA on November 29, 2020, 10:46:24 AM Fiat is anonymous, %99 cant be tracked according to government reports. Hard to catch.Banks launder trillions even they are in legal system. That is 30 trillion usd offshore money exists.
Gold is the ultimate anonymous,fungibile asset which give it the hardest,last money for thousand years,adopted all over the world at every corner. Bitcoin is not anonymous.That s a fact. Title: Re: Is bitcoin anonymous? Post by: Eureka_07 on November 29, 2020, 10:53:39 AM AFAIK, Bitcoin is not 100% anonymous since addresses are shown. The user personal information of the user is anonymous ofcourse since the addresses are the only thing that is written to the blockchain.
Transactions related to the address is displayed, unless you fully know how to fully hide the marks related to the address that you used, I believe mixers helps with this matter. Title: Re: Is bitcoin anonymous? Post by: MCobian on November 29, 2020, 11:27:18 AM Bitcoin is not anonymous because transactions can be tracked via a Bitcoin address in blockchain network. In the end, using centralized
exchanges will reveal the identity of the Bitcoin address owner. Since most centralized exchanges have to perform KYC verification, that's why Bitcoin is not anonymous. Except using mixers services to make Bitcoin addresses difficult to trace, but with mixers services it is not 100% untraceable. Therefore, many scammers have finally been arrested by the police, proving that Bitcoin is not anonymous. Title: Re: Is bitcoin anonymous? Post by: fileo on November 29, 2020, 11:45:25 AM I come up to define what is anonymous and pseudonymous?
Anonymous - not identified by name; of unknown name. Pseudonymous - writing or written under a false name. Bitcoin is anonymous for you are not identified once do transaction. Title: Re: Is bitcoin anonymous? Post by: Swordsoffreedom on November 29, 2020, 12:09:46 PM Bitcoin is not anonymous like other cryptocurrencies since our wallet balances could be seen by anyone because it is stored in a public network, but the owner of a certain address is anonymous unless he is going to buy something that could be the reason of his identity to be revealed, that's why protecting your privacy using Bitcoin will depends on you. That's why Bitcoin is called pseudonymous, cause anyone can randomly explorer the existing fund and transection history by using BTC address. But if you use a light (non-custodial) wallet or lighting network then sometimes it is anonymous till a certain point and only you have full control of your funds. Title: Re: Is bitcoin anonymous? Post by: Baskeyairdrop on November 29, 2020, 12:41:13 PM I have heard of some exchange been hacked and bitcoin stolen and eventually we hear that the transaction was traced and the culprit were caught. If Bitcoin is totally Anonymous, they would not be able to get any trace or whatsoever of transactions made.
Title: Re: Is bitcoin anonymous? Post by: Rafiqul on November 29, 2020, 01:34:54 PM Bitcoin is not anonymous, it is real; However, we do not know the name and address of its inventor. Each bitcoin is stored in the wallet address of different owners through blockchain technology. However, the personal data of the owner of the wallet address is not known to one person or another. It is not possible for anyone to know the location of the wallet or the owner with whom you will be transacting. Only all the information including transactions in one's wallet can be seen or known.
Title: Re: Is bitcoin anonymous? Post by: Fundamentals Of on November 29, 2020, 01:45:30 PM Bitcoin is not anonymous like other cryptocurrencies since our wallet balances could be seen by anyone because it is stored in a public network, but the owner of a certain address is anonymous unless he is going to buy something that could be the reason of his identity to be revealed, that's why protecting your privacy using Bitcoin will depends on you. Having a transparent blockchain does not necessarily go against anonymity. What now if a certain address' balance can be viewed publicly? Does it mean the identity of the owner is revealed? Not necessarily. The public network does not attach personal identity to public addresses. Even buying something with your wallet does not necessarily compromise your identity. Title: Re: Is bitcoin anonymous? Post by: Casdinyard on November 29, 2020, 09:48:16 PM Bitcoin is not anonymous like other cryptocurrencies since our wallet balances could be seen by anyone because it is stored in a public network, but the owner of a certain address is anonymous unless he is going to buy something that could be the reason of his identity to be revealed, that's why protecting your privacy using Bitcoin will depends on you. But things could be sown Having a transparent blockchain does not necessarily go against anonymity. What now if a certain address' balance can be viewed publicly? Does it mean the identity of the owner is revealed? Not necessarily. The public network does not attach personal identity to public addresses. Even buying something with your wallet does not necessarily compromise your identity. Title: Re: Is bitcoin anonymous? Post by: Asuspawer09 on November 29, 2020, 10:41:30 PM Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account. We should be more concerned about to what level or extent is bitcoin anonymous ? When it comes to tracking your transaction maybe not because every transaction is recorded in the blockchain except if your use some crypto mixer I guess. I don't think it can track the IP address by just looking at the transaction in the blockchain, but still, bitcoin was not completely anonymous like what other people say. Just like what other member says the anonymous thing in bitcoin is more like your details since every transaction doesn't have your details, and it doesn't require any KYC. Title: Re: Is bitcoin anonymous? Post by: sayaya17 on November 29, 2020, 10:46:59 PM I think Bitcoin is not entirely anonymous.
Although the identity of the user displayed in the ledger is only a code. But it stores the code on the blockchain. That is on a decentralized digital ledger that will store all transaction details such as the amount, from where, and where the transaction flows. And no one can change all the details of this transaction. This is what the audit trail will be to explore. That's why bitcoin anonymity is not entirely anonymous. Title: Re: Is bitcoin anonymous? Post by: marcous on November 30, 2020, 11:51:37 AM Is this a question or a statement? if you say bitcoin is an anonymous thing, I don't think so. Bitcoin has a transparent system so it cannot be completely anonymous or pseudonymous. As we know that Nobody owns the Bitcoin network, just as nobody owns the e-mail operating technology. Bitcoin is controlled by all its users around the world.
Title: Re: Is bitcoin anonymous? Post by: Pito001 on November 30, 2020, 11:54:01 AM Everyone can see any transaction here, there are a lot of tracking tools on the internet due to it. And despite of it people still not ready to use zec or monero
Title: Re: Is bitcoin anonymous? Post by: rollingdice on November 30, 2020, 12:54:10 PM Unlike privacy coins (Monero, Zcash) Bitcoin is traceable. You just need to know transaction id or a wallet address to check a certain transaction status. But there are ways to make Bitcoin more private by using mixers, for example.
Title: Re: Is bitcoin anonymous? Post by: imstillthebest on November 30, 2020, 01:02:15 PM Unlike privacy coins (Monero, Zcash) Bitcoin is traceable. You just need to know transaction id or a wallet address to check a certain transaction status. But there are ways to make Bitcoin more private by using mixers, for example. monero is going to be a trackable coin soon because experts from this crypto group are now working on a project to expose the anonimity of monero but i dont know if they are also working with other privacy coins but on bitcoin , it may not be as private as monero had now but in the future bitcoin can be better than monero because btc users can use a mixer to achieve that anonymous status . Title: Re: Is bitcoin anonymous? Post by: emmybd on November 30, 2020, 04:57:45 PM Bitcoin is not completely anonymous. Because the data of transactions are stored permanently in a device. Even it is stored publicly. As a result, anyone can see the balance and transactions of any bitcoin address.
But we can also say that it's anonymous. Because the components related to bitcoin like: address, private and public keys transactions etc are not directly link to anyone's personal identity and also it’s possible to send and receive bitcoins without giving any personally identifying information. Early days, people thought that bitcoin is not safe because it's anonymous. But it's not true. Bitcoin is very safe nowadays because every transactions are recorded here. Title: Re: Is bitcoin anonymous? Post by: pepeepe on November 30, 2020, 06:11:03 PM Bitcoin is yes pseudoannonymous. But do you really care about uour anonymity while using bitcoin? Many bitcoin enthusisasts only focus their money and efforts so as to earn more money after investing. Being anonymity is not their concern. Bitcoin is becoming the digital gold with no doubt Yes, now many Bitcoin users are using Bitcoin ID with fake identity. I never support this because using Bitcoin ID is not a wrong thing to do. Many people today are making a lot of money using Bitcoin. I think using Bitcoin can be an honest way to make money.Title: Re: Is bitcoin anonymous? Post by: Altcoinsintel on November 30, 2020, 07:13:01 PM Do you realy think of bitcoin as anonymous? can be easily linked to an IP address and anyway TRANSPARENT LEDGER! The blockchain keeps track of IP addresses? I ask this because I never heard something like that unless you are saying that a centralized exchange server is holding this data and can provide it, or leak information after a hack. If you don't use exchanges or centralized services there is no IP recorded, or is there with the use of wallets? Title: Re: Is bitcoin anonymous? Post by: Traderbtcc on November 30, 2020, 10:50:38 PM Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account. I can't say for sure if bitcoin is truly anonymous, cause bitcoin transactions can be tracked on the blockchain, so I agree it is pseudonyms and not totally anonymous, and the part you talked about exchanges been able to track a user's IP address, sounds really scary to me, but personally I don't think bitcoin can be traced down to the user if the transfer is done from a personal wallet, you can only see it on the blockchain which won't display any personal info of the person making the transfer, but from an exchange account, it can definitely be tracked from the IP address as you mentioned.We should be more concerned about to what level or extent is bitcoin anonymous ? Title: Re: Is bitcoin anonymous? Post by: idrisalomagold on December 01, 2020, 04:48:53 AM Bitcoin is obviously anonymous but you wouldn't want to send your bitcoin on person you don't know, right? In fact, bitcoin is only used right now as an investment because of its feature and futuristic usage. Many believed that bitcoin is the new financial revolution against the State bank and federal reseved.
Further, alot to be discussed about bitcoin and for sure anonymity is bitcoin's first characteristic, so yes it is anonymous. Title: Re: Is bitcoin anonymous? Post by: bbc.reporter on December 01, 2020, 07:35:46 AM Like you said bitcoin is pseudo anonymous. I personally fear the lightning network making bitcoin anonymous. I've still yet to get a concrete answer whether the Lightning Network actually makes bitcoin truly anonymous or not, but if it does, I worry. Man countries don't allow their women to drive, vote, or hold many career positions that men do..why on earth are they going to allow an anonymous currency to operate in their country? Of course OTC will always live, but shutting down exchanges could be detrimental to bitcoins future. I speculate many of the people think similarly because they are scared that bitcoin might not pump and might not make them rich. This is certainly similar to why big oil companies do not want the eletric card technology to develop in the automotive industry. This is backwards thinking and bad for the development of the cryptospace. In any case, this article might help everyone on understanding bitcoin's anonymity and privacy. https://sethsimmons.me/posts/comparing-private-spends/ Title: Re: Is bitcoin anonymous? Post by: Boov on December 01, 2020, 07:46:04 AM There is generally one reason why bitcoin is sometimes considered anonymous. First, unlike bank accounts and other payment systems, Bitcoin Addresses are not tied to a user's identity at the protocol level. Anyone can generate a new, completely random Bitcoin address (and that includes a private key) at any time, without the need to hand over any personal information to anyone. This anonymous identity of bitcoin brought more people a huge opportunity that they'll be able to acquire in every aspects of their lives. Convenience is highly appreciated, because we're no longer carrying physical money on our bare hands that's why being anonymous is important if you're a holder of this currency. When talking about money, people seems to be so hot on issues pertaining to cash or whatsoever and basically it's our choice to keep it confidential in order to keep discreet informations safe. Title: Re: Is bitcoin anonymous? Post by: shoreno on December 01, 2020, 08:03:42 AM I think bitcoin will become anonymous if users use bitcoin to send and pay. What I mean is, bitcoin is not converted into fiat on a centralized exchange. and bitcoin storage in a centralized wallet also no longer makes it anonymous. so, depending on how we use bitcoin as anonymous. Correct me if I'm wrong. bitcoin is already anonymous but only partial . partial because the transaction for bitcoins that didnt go thru btc minxers are traceable . if you often use btc without mixing them other people can stalk on you but if you only idle your btc there will be no active transactions that people can see . converting btc to fiat , means you are already using a fiat . you cant say that the anonimity of btc were remove after you have done that . using centralized exchange or centralized wallet will make your btc anonymous if you use mixers .Title: Re: Is bitcoin anonymous? Post by: Istiaque on December 01, 2020, 08:35:24 AM Bitcoin is anonymous but has become a much better feature for various companies to invest in accepting Bitcoin. bitcoin is used anonymously for this reason not by the government. Bitcoin is a digital currency that is protected by an encryption layer, hence bitcoin is also commonly called cryptocurrency. The money or dollars that we trade with have to be printed, made. Bitcoin is also made but not like normal money because you don't have to print bitcoin. Bitcoin is created by solving huge numbers.
Title: Re: Is bitcoin anonymous? Post by: Sammy9ce on December 01, 2020, 11:01:51 AM Bitcoin is not entirely anonymous. In reality, it is pseudonymous because each user has a public address that theoretically could be traced back to an IP address or exchange account through proper network analysis.
A better question is, to what extent is Bitcoin anonymous? Title: Re: Is bitcoin anonymous? Post by: taufik0911 on December 01, 2020, 02:50:04 PM What is meant by Anonymous, in my opinion, is that the real name of the wallet user is completely unknown
indeed we can track where the bitcoins are sent but we will never know who owns them but in my opinion the tracking of transactions will be interrupted when bitcoin has entered the exchanger because when bitcoin enters the wallet exchanger it will be sent back to the main wallet exchanger then if someone withdraws their bitcoins, the one who sends bitcoin is not the wallet that accepts deposit transactions from the exchange but the main wallet from the exchanger Title: Re: Is bitcoin anonymous? Post by: uneng on December 01, 2020, 05:13:50 PM I think bitcoin will become anonymous if users use bitcoin to send and pay. What I mean is, bitcoin is not converted into fiat on a centralized exchange. and bitcoin storage in a centralized wallet also no longer makes it anonymous. so, depending on how we use bitcoin as anonymous. Correct me if I'm wrong. bitcoin is already anonymous but only partial . partial because the transaction for bitcoins that didnt go thru btc minxers are traceable . if you often use btc without mixing them other people can stalk on you but if you only idle your btc there will be no active transactions that people can see . converting btc to fiat , means you are already using a fiat . you cant say that the anonimity of btc were remove after you have done that . using centralized exchange or centralized wallet will make your btc anonymous if you use mixers .By your description someone can't be anonymous when dealing with bitcoins and actually that is a fact. The adopter can be very strict and cautious, but sooner or later his transactions tracks will reveal the person behind the address(es) and that is something everyone using bitcoins should be aware. Many people tought they were *invisible* transacting bitcoins online and had serious issues with their local tax collectors after some time. Title: Re: Is bitcoin anonymous? Post by: Globb0 on December 03, 2020, 10:41:12 AM Do you realy think of bitcoin as anonymous? can be easily linked to an IP address and anyway TRANSPARENT LEDGER! The blockchain keeps track of IP addresses? I ask this because I never heard something like that unless you are saying that a centralized exchange server is holding this data and can provide it, or leak information after a hack. If you don't use exchanges or centralized services there is no IP recorded, or is there with the use of wallets? Not directly recorded, but at points in different processes the internet protocol is used, so consider it extra potentially linkable data. And you only need to link it once in one place thanks to the nature of bitcoins ledger. But there are ways to make Bitcoin more private by using mixers, for example. Here are a few interesting links on chain analysis and decoding mixers data. Add it to the above as well. See what I mean they have a lot of data. https://research.oxt.me/special-situation-report/1/preview https://research.oxt.me/special-situation-report/2/preview Title: Re: Is bitcoin anonymous? Post by: iTradeChips on December 03, 2020, 11:46:07 AM In my own understanding, I am really not sure if I cannot treat it as anonymous since people who did bad things in the past and transacting via bitcoin are getting caught. And that's despite the anonymity of Bitcoin and the technologies they use to keep their activity a secret. If exchanges get hacked they were able to immediately see which addresses are involved and possibly it would be a matter of time before they will be able to get the i.p. addresses of their homes and start being tracked by police. There are hackers working for the government so that is a no brainer.
Title: Re: Is bitcoin anonymous? Post by: Mr_Jim_101 on December 03, 2020, 11:56:12 AM No. BTC is NOT anonymous. Every transaction can be seen on the blockchain.
LE (or anyone else that knows what they are doing :D) can "cluster" addresses to see wallets, see walletexplorer.com as an example, (this site is useful as you don't have to type the full address in to search, about 8 digits and it generally finds the address you are after). After that it's just a matter of tracing (other tx's from/to a wallet) to an exchange and then LE can (I'm led to believe) possibly go for customer data based on adddress and Tx ID. Also look at companies like Ciphertrace, Elliptic and chainalysis... if you can afford it you can trace virtually anyone. PS you cannot trace the IP of a transaction, per se. The Ip addresses seen on raw data on blockchain is the IP of the fiirst NODE to transmit the transaction. (Technically this COULD be the original IP of the originator of the tx , but unlikely unless they are running a full node). Which is unlikely if your IP is that of your mobile phone provider.... Title: Re: Is bitcoin anonymous? Post by: SATWAT on December 04, 2020, 12:27:31 PM Bitcoin as well as each exchange you made likewise anonymous and that is the main motivation behind why crooks use bitcoin to purchase unlawful stuff like medications, weapons. Bitcoin hides your character regardless of where you're and from where you have a place nobody ready to follow you, occasion government can not reach you. I consider it a hindrance to bitcoins. You are right in this way but this is not happening only with bitcoin peoples involve in crimes doing same things with fiat as well because they are doing this all behind close doors and bitcoin is also doing same thing but as many saying bitcoin is still traceable through IP or some other ways which mean this is not completely anonymous and still authorities can do their duties with this all when they are chasing peoples involve in crimes and unlawful stuff.Title: Re: Is bitcoin anonymous? Post by: Smartprofit on December 04, 2020, 12:32:24 PM Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account. We should be more concerned about to what level or extent is bitcoin anonymous ? Bitcoin is not anonymous, but rather a pseudo-anonymous. The Bitcoin blockchain is completely transparent. If you buy a product or service, the seller is informed of the link between you and your Bitcoin address. A cryptocurrency exchange receives similar information when you withdraw bitcoins to your wallet. Even if you have not passed the verification on the exchange, it still knows your IP and email address. Anonymous cryptocurrency is Monero. Title: Re: Is bitcoin anonymous? Post by: gwdf1 on December 04, 2020, 07:24:28 PM It's no secret that you can create any number of public keys (aliases). But can an alias be considered anonymous? Anonymity from the point of view of computer science is simply an unrelated pseudonym.
Title: Re: Is bitcoin anonymous? Post by: Pokapoka124 on December 23, 2020, 08:38:38 PM Transactions on the blockchain network are visible for all to see. I suggest you use privacy coins like Monero if you care about your privacy.
Title: Re: Is bitcoin anonymous? Post by: Nikole Fischer on December 24, 2020, 01:56:17 AM Well, Bitcoin isn't really anonymous. The transactions and addresses are public and people can see them. But it's not directly linked to anyone's personal identity. It means nobody will know how are you, what are you doing and how you looking
Title: Re: Is bitcoin anonymous? Post by: rodskee on December 24, 2020, 03:50:29 AM Our transactions are open for viewing so Bitcoin literally is not Anonymous .
and about the Owner of bitcoin? we can be anonymous and we can be not ,depend in how you handle and purchase your bitcoin. many users are sill anonymous now so it is on our part how to keep in the silence or be broadcasted. Title: Re: Is bitcoin anonymous? Post by: Debonaire217 on December 24, 2020, 09:39:00 AM Bitcoin can be 100% anonymous if the user knows how to cover his tracks. However I don't think our society needs 100% anonimity. From my observations the average joe does not care much about privacy. Personally the fact that Bitcoin offers a high level of anonimity when making transactions is simply a bonus on top of the more important features like decentralization. It may be bitcoin is planned to be anonymous since the creatoe of it remain unseen from the puclic. Although, there are articles that says bitcoin was not developed to be anonymous a lot of consumers of it wants to remain stay hidden. Maybe because they might get scam and lose their money. If we will try to make use of bitcoin in our everyday lives as a mode of payment and all, anonymity is not a thing. Especially if we would compare it to banks. In reality word, there are no anonymity, right? Title: Re: Is bitcoin anonymous? Post by: XavierLaurent on December 24, 2020, 12:11:54 PM It's pseudo anonymous.
Title: Re: Is bitcoin anonymous? Post by: Marvelman on December 24, 2020, 01:13:51 PM It's pseudo anonymous. You think, Sherlock? After five pages of various comments on this topic, you came here to repeat what was already said in the very first reply (https://bitcointalk.org/index.php?topic=5293820.msg55697307#msg55697307) from ChiBitCTy. Title: Re: Is bitcoin anonymous? Post by: Coinsfera on December 24, 2020, 01:23:52 PM We can say that Bitcoin transactions are not completely anonymous, but are "pseudonymous" transactions. We can think of this as a less memorable e-mail address. Even if the name at the address is not your real name, someone who specializes in this subject can collect clues and find the real person behind the address.
The system is reliable. But after all, you should consider the possibility of outside intervention, the possibility of your address being copied and seized. For further information, you can check our blog about this content. https://coinsfera.com/blog/is-bitcoin-really-anonymous-anonymity-explained Title: Re: Is bitcoin anonymous? Post by: bitterguy28 on December 26, 2020, 04:36:06 AM It's pseudo anonymous. You think, Sherlock? After five pages of various comments on this topic, you came here to repeat what was already said in the very first reply (https://bitcointalk.org/index.php?topic=5293820.msg55697307#msg55697307) from ChiBitCTy. Transactions on the blockchain network are visible for all to see. I suggest you use privacy coins like Monero if you care about your privacy. This is why Bitcoin transactions are really not safe if you wanted to Keep private because our Wallets Mostly KYC verified so once your transactions are exposed then your privacy is also at risk.Title: Re: Is bitcoin anonymous? Post by: oleg8791 on December 26, 2020, 04:42:54 AM Yeah, Bitcoin transactions are traceable, but there are tools to make Bitcoin anonymous like Bitcoin mixers. So achieving reasonable anonymity with Bitcoin can be quite complicated.
Title: Re: Is bitcoin anonymous? Post by: Shasha80 on January 01, 2021, 11:08:08 AM There are still many people who consider Bitcoin to be 100% anonymous, therefore many people think that using Bitcoin is untraceable.
Even though in fact Bitcoin is only pseudo anonymous, so it can still be traced if doing Bitcoin transactions. Except using several methods so that Bitcoin transactions cannot be traced and their privacy is more protected. Currently, many service mixers can be used to provide privacy when making transactions. Title: Re: Is bitcoin anonymous? Post by: sapnu on January 01, 2021, 12:56:32 PM Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account. I think each transaction being made in bitcoin is made anonymous most of the time since we are dealing with large amount of money on it. If ever it doesn't make you anonymous, you should find something that may help you block any hackers that wants to dive in with your information. No matter what level is the anonymosity of bitcoin, you are the one to deal with the protection and security of our account. We should always be careful with every transaction we make and avoid dealing with untrusted person.We should be more concerned about to what level or extent is bitcoin anonymous ? Title: Re: Is bitcoin anonymous? Post by: Conley on January 24, 2021, 07:14:24 PM All Bitcoin transactions are stored publicly and permanently on the network, which means anyone can see the balance and transactions of any Bitcoin address.
Title: Re: Is bitcoin anonymous? Post by: goldade on January 24, 2021, 10:59:01 PM Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account. We should be more concerned about to what level or extent is bitcoin anonymous ? I actually would suggest you try use the search button before creating new threads. This particular question has been answered on this forum several times already. To answer your question, bitcoin is anonymous. The only time bitcoin loses its anonymity is when you're trying to buy or sell bitcoin in exchange for fiat. At this point, you lose your anonymity because of a transaction that needs to be made. In fact, there are exchanges that buy or sell bitcoin in your local fiat. This way, your anonymity remains intact. Transactions made with bitcoin cannot be traced and remains fully anonymous. Title: Re: Is bitcoin anonymous? Post by: Nice-Block on January 25, 2021, 03:18:56 AM Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account. It is anonymous in the sense that you can hold a Bitcoin address without revealing anything about your identity in that address. One person could hold multiple addresses, and in theory, there would be nothing to link those addresses together, or to indicate that the person owned them.We should be more concerned about to what level or extent is bitcoin anonymous ? Everything that happens in the Bitcoin world is trackable. Thanks to the way that the algorithm is structured, every Bitcoin-based transaction is logged in the blockchain Title: Re: Is bitcoin anonymous? Post by: TedMosby on January 25, 2021, 06:32:16 AM based on my little knowledge,
anonymous = no information at all about the subject. pseudonymous = the subject used alternative identity (re-identified). CMIIW. but is it mean we are pseudonymous to people we don't know? for example, we are pseudonymous to strangers that we saw on the street? https://english.stackexchange.com/questions/224254/whats-the-difference-between-anonymous-and-pseudonymous/ https://dma.org.uk/article/anonymous-and-pseudonymous-data-are-they-actually-important/ Title: Re: Is bitcoin anonymous? Post by: KennyR on January 25, 2021, 09:29:42 AM based on my little knowledge, Bitcoin transactions are pseudonymous. End to end transactions seems to be transparent, without the end users being known. Through the usage of cryptocurrency mixers it is possible to stay anonymous. Yes, it is like staying on a street and making an interaction with the stranger.anonymous = no information at all about the subject. pseudonymous = the subject used alternative identity (re-identified). CMIIW. but is it mean we are pseudonymous to people we don't know? for example, we are pseudonymous to strangers that we saw on the street? https://english.stackexchange.com/questions/224254/whats-the-difference-between-anonymous-and-pseudonymous/ https://dma.org.uk/article/anonymous-and-pseudonymous-data-are-they-actually-important/ Title: Re: Is bitcoin anonymous? Post by: PonZZ on January 25, 2021, 09:45:49 AM Bitcoin is pseudonymous because each of the Bitcoin transactions is recorded in the public. It opens up opportunities to find out who owns digital funds in specific wallets, but you can use mixers to protect your privacy and achieve the maximum level of anonymity.
Title: Re: Is bitcoin anonymous? Post by: MishaSER on January 25, 2021, 01:37:02 PM I don’t understand why the site https://www.blockchain.com/ requires verification. It seems to me that anonymity no longer exists. All require KYC, a feeling that with time and sotsialny.seti will require verification.
Title: Re: Is bitcoin anonymous? Post by: Eureka_07 on January 25, 2021, 01:50:30 PM I don’t understand why the site https://www.blockchain.com/ requires verification. It seems to me that anonymity no longer exists. All require KYC, a feeling that with time and sotsialny.seti will require verification. Does blockchain.com requires KYC? I think you misunderstood what the OP meant to ask, he is referring to the transaction (sending and receiving bitcoin) not buying and selling bitcoin. Anyways, if they require KYC, it's just that the site is more likely centralized and had to know their customer, so 1 person has only 1 account AFAIK.Title: Re: Is bitcoin anonymous? Post by: sarmrakib on January 25, 2021, 02:07:32 PM It is anonymous as long as no personal details of yours appear in any of the transactions. This means that if you got coins for free from a friend or a member of family, or earned them in a signature campaign, they are anonymous. If you then go to a service that requires KYC and spend them there, they stop being anonymous, but if you exchange them with someone for something (barter) they will remain anonymous. I can not agree to this, so far the coins can be tracked on blockchain, it is not anonymou. That is why bitcoin transactions are called pseudonymous because it is possible for the transactions to be known but not linked to the owner until it is linked with kyc, that is why bitcoin is called a privacy coin. There are some anonymou coins like monero, zcash and dash which transactions can not be seen on blockchain. Title: Re: Is bitcoin anonymous? Post by: RondoAnyar on January 25, 2021, 02:39:15 PM Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account. bitcoin is currently anonymous. even someone who lost bitcoin will not be able to find it again because it is difficult to trace the wallet and trace who that person is. maybe you mean the determination of identity for bitcoin owners to track?We should be more concerned about to what level or extent is bitcoin anonymous ? but in my opinion it will not be easy to implement even though it is good for the security of bitcoin owners Title: Re: Is bitcoin anonymous? Post by: Oshosondy on January 25, 2021, 02:46:16 PM Well explained .Btc is not an anonymous coin cause we can easily track the transaction by blockchain .I think we can track address to address and on this way it could not be a anonymous coin .However we can actually not track the real person who are using the wallet but can track all the transaction . Exactly my point, bitcoin can be tracked on the blockchain but the identity of the owner will be difficult to trace, that is why some people call it pseudonymous. About transactions there are ways addresses will not be linked to other same wallet addresses depending on how you spend your transaction output which can be linked to many of your addresses. bitcoin is currently anonymous. even someone who lost bitcoin will not be able to find it again because it is difficult to trace the wallet and trace who that person is. maybe you mean the determination of identity for bitcoin owners to track? Try to read people's comment before posting, check what I also post above and the quote, bitcoin is not anonymou but pseudonymous. People that lost bitcoin and not able to gain access to it is because brute forcing private key or seed phraseis is not possible, because these people lost their wallets files backup, lost access to private key or seed phrase can lead to such, this has no relation to bitcoin pseudonymity. but in my opinion it will not be easy to implement even though it is good for the security of bitcoin owners Title: Re: Is bitcoin anonymous? Post by: MishaSER on January 26, 2021, 10:22:42 PM I don’t understand why the site https://www.blockchain.com/ requires verification. It seems to me that anonymity no longer exists. All require KYC, a feeling that with time and sotsialny.seti will require verification. Does blockchain.com requires KYC? I think you misunderstood what the OP meant to ask, he is referring to the transaction (sending and receiving bitcoin) not buying and selling bitcoin. Anyways, if they require KYC, it's just that the site is more likely centralized and had to know their customer, so 1 person has only 1 account AFAIK.Title: Re: Is bitcoin anonymous? Post by: Youghoor on January 26, 2021, 10:51:01 PM Quote Is bitcoin anonymous? Bitcoin is not 100 percent anonymous. Transactions made on the Bitcoin blockchain are easily accessible and all transactions has some kind of identity code attached to it. In as much that names of people making the transactions can't be seen, IP address of what people are using to make their transactions are attached to the blockchain. Once these IP address can be obtained, the identity and location of the person making the transaction can be easily identified. Bitcoin blockchain works like the torrent network. Title: Re: Is bitcoin anonymous? Post by: kiki8899 on January 27, 2021, 03:16:23 AM Because the bitcoin blockchain is a permanent public record of all transactions accessible by anyone at any time, it is not anonymous. Instead, the transactions in the blockchain are encrypted with public key cryptography that masks the real identities of the individuals behind the transactions.
Title: Re: Is bitcoin anonymous? Post by: Mariangle Blocker on January 27, 2021, 03:35:35 AM I never thought about this. Will this anonymity affect the safety of the money there?
Title: Re: Is bitcoin anonymous? Post by: witcher_sense on January 27, 2021, 11:35:16 AM Bitcoin is not 100 percent anonymous. Transactions made on the Bitcoin blockchain are easily accessible and all transactions has some kind of identity code attached to it. In as much that names of people making the transactions can't be seen, IP address of what people are using to make their transactions are attached to the blockchain. Once these IP address can be obtained, the identity and location of the person making the transaction can be easily identified. Bitcoin blockchain works like the torrent network. Even though Bitcoin is rather pseudo-anonymous than completely anonymous, it is still possible for a user to maintain a decent level of anonymity if that user is aware of good privacy practices and can use available tools the right way. Transactions in Bitcoin do not contain any identity code, what they do contain is basically the information about inputs and output. Inputs and outputs are not connected to any identities, they are just pieces of code that contain information about the amount of bitcoin and the spending conditions. The information about IP addresses is stored neither in transactions nor in the blockchain itself. However, there are many other ways you can accidentally reveal your IP address. For example, when you check your transaction using clearnet block explorer, your transaction ID could be associated with your IP address.Title: Re: Is bitcoin anonymous? Post by: faulkner27 on January 27, 2021, 02:07:49 PM The Bitcoin isn't anonymous, this cryptocurrency maintains a current, completely transparent ledger (log of transactions). While it is true that the coin owners are not identified by any immediately identifiable ID, payments using Bitcoins are not anonymous by design, and leak information.
Title: Re: Is bitcoin anonymous? Post by: MishaSER on January 28, 2021, 05:40:55 PM Bitcoin is not 100 percent anonymous. Transactions made on the Bitcoin blockchain are easily accessible and all transactions has some kind of identity code attached to it. In as much that names of people making the transactions can't be seen, IP address of what people are using to make their transactions are attached to the blockchain. Once these IP address can be obtained, the identity and location of the person making the transaction can be easily identified. Bitcoin blockchain works like the torrent network. Even though Bitcoin is rather pseudo-anonymous than completely anonymous, it is still possible for a user to maintain a decent level of anonymity if that user is aware of good privacy practices and can use available tools the right way. Transactions in Bitcoin do not contain any identity code, what they do contain is basically the information about inputs and output. Inputs and outputs are not connected to any identities, they are just pieces of code that contain information about the amount of bitcoin and the spending conditions. The information about IP addresses is stored neither in transactions nor in the blockchain itself. However, there are many other ways you can accidentally reveal your IP address. For example, when you check your transaction using clearnet block explorer, your transaction ID could be associated with your IP address.Title: Re: Is bitcoin anonymous? Post by: witcher_sense on January 29, 2021, 05:32:21 AM I now want to know, but if you use mixers, they also read your ip, right? Interestingly, no one has yet hacked such services. Well, it depends on whether you are using clearnet mixers or darknet mixers. In the former case, you can try to hide your real IP with any available VPN providers, but it doesn't guarantee that they will not share your IP with governments. You can hide your IP by accessing mixers through TOR, but it will not protect you if used incorrectly. There are many ways you can reveal your real identity even while using onion networks. Some bitcoin mixers are subject to regulation, which means they are forced to keep logs. And they will share your IP address if or when asked. So, before using any bitcoin mixers, make sure they have a zero-logs policy and won't keep your data. Again, all that requires trust in third parties. Imagine a situation in which a bitcoin mixer is silently collecting all the data about the correlation between transactions and IP addresses and later gets shut down by law enforcement agencies. If you weren't hiding your IP while mixing, you are going to face some problems regardless of whether you were involved in an illicit activity or not.Title: Re: Is bitcoin anonymous? Post by: MishaSER on January 29, 2021, 04:51:39 PM I now want to know, but if you use mixers, they also read your ip, right? Interestingly, no one has yet hacked such services. Well, it depends on whether you are using clearnet mixers or darknet mixers. In the former case, you can try to hide your real IP with any available VPN providers, but it doesn't guarantee that they will not share your IP with governments. You can hide your IP by accessing mixers through TOR, but it will not protect you if used incorrectly. There are many ways you can reveal your real identity even while using onion networks. Some bitcoin mixers are subject to regulation, which means they are forced to keep logs. And they will share your IP address if or when asked. So, before using any bitcoin mixers, make sure they have a zero-logs policy and won't keep your data. Again, all that requires trust in third parties. Imagine a situation in which a bitcoin mixer is silently collecting all the data about the correlation between transactions and IP addresses and later gets shut down by law enforcement agencies. If you weren't hiding your IP while mixing, you are going to face some problems regardless of whether you were involved in an illicit activity or not.Then why hide your transactions if the mixer can send your data to third parties. I can assume that over time, special services will pay attention to such mixers. It's getting very confusing)) Title: Re: Is bitcoin anonymous? Post by: zxcv1 on February 11, 2021, 01:47:24 PM Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account. We should be more concerned about to what level or extent is bitcoin anonymous ? It's anonymous, but not if you want to buy with USD directly. someone has to give it to you, or you need to do shady deals like the internet scammers. May be other ways. Maybe you can convert USD to another less restricted fiat currency, but I'm not sure where you can physically buy bitcoin totally anonymously using a fiat currency. Possibly you could barter and sell goods for btc as payment. Bitcoin still has ways to trace you, but it's much harder. And your knowledge of internet security in important. VPN, what's on your computer, definitely don't use Windows 10 which is pure spyware, Microsoft knows everything you do at every second. Etc. Title: Re: Is bitcoin anonymous? Post by: natalia stark on February 11, 2021, 02:32:18 PM it is the most common question that people ask when they hear about bitcoin but in the start it was unknown to everyone but now in this globalization era i think everyone knows that this is not an unknown entity but is a online treasure platform from which everyone can get a piece of profit. that is the reason even world richest man buying the BTC now because they kn ow for sure that they can make profit in the future it does not matter where is the money comming from.
so buy and sell and make profit do not ask question ;) Title: Re: Is bitcoin anonymous? Post by: Jemzx00 on February 11, 2021, 02:41:49 PM I never thought about this. Will this anonymity affect the safety of the money there? Yes and No.No, because the anonymity of you gain from the crypto doesn't affect the safety of your money or crypto, bitcoin or ethereum. Yes, because if your identity has been compromised then so is your wallet as criminals can directly find you and take the crypto out of you. Bitcoin isn't anonymous rather the transaction and user's identity is safe as anyone can improve their security to even further the safety of your identity and anonymity. Title: Re: Is bitcoin anonymous? Post by: bosede1 on February 11, 2021, 02:42:42 PM Seeing this question I was trying to wonder what the meaning of anonymous really is, to be anonymous is for something or someone to be unknown. If you are now saying that bitcoin is unknown I will like to ask further which aspect is it the originator or your address. Now I will say it's you that determine if you want your bitcoin to be anonymous or not.
Title: Re: Is bitcoin anonymous? Post by: isaac_clarke22 on February 11, 2021, 07:16:31 PM ~ Depends. When you hold it in an online wallet even if it is Bitcoin, your safety isn't guaranteed as you're not the one that holds the private keys. When you don't hold your private keys, it ain't your money. Consider buying hardware wallet for that or use desktop wallet if you don't have the coin to buy one. Title: Re: Is bitcoin anonymous? Post by: jacobjorden on February 15, 2021, 04:48:49 AM Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account. We should be more concerned about to what level or extent is bitcoin anonymous ? Bitcoin is pseudo-anonymous indeed.But are you really interestedin our anonymity while using Bitcoin?Many Bitcoin enthusiasts concentrate their money and efforts so that after saving, they gain more cash.It is not their concern to remain anonymous.Without doubt, bitcoin is becoming the digital gold. Title: Re: Is bitcoin anonymous? Post by: torrantz on February 15, 2021, 07:44:51 AM Bitcoin is pseudonymous because each of the Bitcoin transactions is recorded in the public. It opens up opportunities to find out who owns digital funds in specific wallets, but you can use mixers to protect your privacy and achieve the maximum level of anonymity. Other than using mixer is just to use exchange, usually the money will be mixed automatically by the exchange therefore erasing the trace of transactions. Although the it's transparent ledger it's still kinda hard to identify if the owner of certain bitcoin move their asset frequently between exchange or even convert it to other alts.Title: Re: Is bitcoin anonymous? Post by: StartupAnalyst on February 15, 2021, 10:28:36 PM Exchanges require verification so until you don’t try to withdraw your assets you stay anonymous. Though there are ways to make BTC totally anonymous and not to worry that somebody will get your personal data. There are ways to pull your assets without exchanges. Floating IP address or VPN helps to stay anonymous in Internet.
Title: Re: Is bitcoin anonymous? Post by: Stedsm on February 15, 2021, 10:35:10 PM Pseudonymous as everyone calls it, but I believe it's completely transparent thanks to its underlying technology we call Blockchain and those agencies like Chainalysis who won't even need to smoke a full cigarette till they simply find out which address belongs to whom/where. I honestly think we need to restructure this whole question because anonymity is nowhere here. Just go to an exchange and even try to withdraw your deposits, you'll be asked to go through KYC first.
Title: Re: Is bitcoin anonymous? Post by: Twentyonepaylots on February 15, 2021, 10:36:11 PM Bitcoin offers anonymity but it itself is not anonymous. It has parameters and commands in its system that ensures that each and every coin in the market can be traced back to the origin, thus ensuring that no coin can be counterfeited, blockchain is an example of this feature. Now, were someone decides to find you through the blockchain, he would be able to find your transactions and all, but that does not mean that he found you.
Title: Re: Is bitcoin anonymous? Post by: angrynerd88 on February 15, 2021, 10:55:29 PM Agreeing to my knowledge Bitcoin isn't mysterious, since Bitcoin looks genuine and open, everything can be followed from the wallet address or exchange, but cannot be known for the individual information of the wallet address proprietor. Perhaps as it were Bitcoin makers can be said to be mysterious, since everybody doesn't know their individual information from at that point until now. So on the off chance that you're not beyond any doubt it is superior to do a survey to get authentic results.
Title: Re: Is bitcoin anonymous? Post by: SmokerFace on February 25, 2021, 08:15:39 AM Bitcoin as well as each exchange you made likewise anonymous and that is the main motivation behind why crooks use bitcoin to purchase unlawful stuff like medications, weapons. Bitcoin hides your character regardless of where you're and from where you have a place nobody ready to follow you, occasion government can not reach you. I consider it a hindrance to bitcoins.
Title: Re: Is bitcoin anonymous? Post by: ukw on February 25, 2021, 07:06:42 PM Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account. We should be more concerned about to what level or extent is bitcoin anonymous ? In my opinion, anonymity is one of the main ideas that stand not only behind Bitcoin but also behind all cryptocurrencies. Anonymity and independence, that's where it all starts. Title: Re: Is bitcoin anonymous? Post by: illete on February 25, 2021, 08:31:26 PM It is upto the client and the specialized information he has got in employing a bitcoin wallet address for exchange purposes. When we conversation of the namelessness, it is pseudo mysterious. This implies everything is open and in case the conclusion users were known, at that point the complete detail of their wallets can be seen by everybody. To overcome the same it requires more frame of blending administrations. At any rate in case directed without a doubt it'll lose this interesting include.
Title: Re: Is bitcoin anonymous? Post by: Matimtim on February 26, 2021, 08:04:07 AM Yes bitcoin is anonymous because from the beggining until now no one knows who invented bitcoin and the idea of this came from, but even all crypto currency like bitcoin and the other digital currency are anonymous its doesn't mean we can't control it, so even the origin of those currency are not yet revealed and still anonymous we can still use it to make money, so nothing to worry about that.
Title: Re: Is bitcoin anonymous? Post by: EvieLannister on February 26, 2021, 08:19:35 AM Bitcoin is anonymous. I don't know if it's pseudo anonymous or not, but if you have bitcoins on a non-custodian wallet there's literally no way for somebody to find out. Once you make a transaction, again, same thing. You just broadcast a signed message. Nodes don't know who moved the bitcoins, because they don't know who sent/received the message first. this anonymity is good, I suppose. It protests personal information and security. in crypto field, no one knows who is doing the transaction though transaction is ongoing every minute. transaction is transparent while the sender and recipient are invisible, isn't it reasonable? I love this anonymityWhen anonymity loses its point? Once you reveal yourself! If you believe that you have to sell your bitcoins, then yeah, at least 1 person will find out who you are, because somehow you'll have to transfer fiat. Cryptography makes it anonymous, whether we want it or not. Title: Re: Is bitcoin anonymous? Post by: Tessnik on February 26, 2021, 08:52:44 AM It not entirely anonymous and as you rightly said each bitcoin wallet can be traced to an individual, I have always known that bitcoin is not 100% private as long as you deal with others using bitcoin your identity can no longer be hidden.
Title: Re: Is bitcoin anonymous? Post by: 1083ivangod on February 26, 2021, 04:28:10 PM BITCOIN is not anonymous, more precisely, BITCOIN is anonymous only within the bounds of the layman, that is, its anonymity is only for the common people, otherwise, BITCOIN leaves its mark, which we can trace.
Title: Re: Is bitcoin anonymous? Post by: dyno820 on February 26, 2021, 07:20:08 PM nope all traceable
Title: Re: Is bitcoin anonymous? Post by: BChydro on February 26, 2021, 11:40:51 PM In my opinion, anonymity is one of the main ideas that stand If you think that anonymity is the main idea that stands in all of cryptocurrencies then you are wrong as long as you are using exchanges that are forcing you to fill in your private information and even after providing your documents if you think that you are anonymous then i should say that you are joking :D. There are coins that gives you anonymity but once you send them to an exchange or for purchasing anything your cover is blown :D.not only behind Bitcoin but also behind all cryptocurrencies. Anonymity and independence, that's where it all starts. Title: Re: Is bitcoin anonymous? Post by: Altcoinsintel on February 27, 2021, 01:57:40 PM Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account. We should be more concerned about to what level or extent is bitcoin anonymous ? Pseudoanonymous means it is not anonymous but gives the false perception that it is. However this was never the perception of anyone that has basic knowledge of IT and how the internet works. This term means that Bitcoin is not anonymous and this term (anonymity) only has two values. ON and OFF. Either it is or it isn't anonymous, there is no high or lower level of anonymity as some suggest. Title: Re: Is bitcoin anonymous? Post by: Mituletr on March 01, 2021, 08:31:26 AM Bitcoin is fully transparent on the blockchain. So if you buy drugs or do buy some shady shit with bitcoin, it’ll forever be on the blockchain and can be traced.
Title: Re: Is bitcoin anonymous? Post by: mezzaluna on March 01, 2021, 08:52:08 AM Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account. We should be more concerned about to what level or extent is bitcoin anonymous ? I believe that depends on where you are keeping your Bitcoins personally. Every wallet has different security and even exchanges have their own security. Bitcoin as a whole is something that we can use publicly with the public address that we can use and having the private key is the one thing that is keeping it anonymous. Cryptocurrency wallets and exchanges also provide the same type of situation so I guess those are the two things that really create if "Bitcoin is anonymous". Title: Re: Is bitcoin anonymous? Post by: darkangel11 on March 02, 2021, 11:11:03 PM nope all traceable Traceable can still be anonymous. Buy bitcoin with cash and you'll see how traceable it is. Bitcoin is anonymous if you put an effort into using it. Buy it at Coinbase and you can say goodbye to privacy. Title: Re: Is bitcoin anonymous? Post by: ReindeerOnMe on March 03, 2021, 05:58:25 AM We should be more concerned about to what level or extent is bitcoin anonymous ? We don't need to be concerned about that level, we just need to know how anonymous is it. It is on us how we will be taking that knowledge and use it. What will you be doing knowing that Bitcoin is pseudo-anonymous? Are you planning to do a crime? Are you hiding from the law? Pseudo-anonymous or not, it is all on you on how you will be using that feature. You should know that all of the transactions happening are so clear on the blockchain. Title: Re: Is bitcoin anonymous? Post by: wack slacker on March 03, 2021, 03:28:48 PM Bitcoin is not truly anonymous because in a sophisticated way users can discover where to send their transactions. That is exactly why the bitcoin 2018 homepage took the word 'anonymous' out of the main headline at the top of the page.
Bitcoin is not anonymous so we have mixers. These mixers are helping anonymity and they are doing a great job of that. If a person only uses Bitcoin to exchange P2P between addresses and away from centralized exchanges, don't worry too much about being exposed as they are outside of the KYC / AML database. Title: Re: Is bitcoin anonymous? Post by: pinggoki on March 03, 2021, 04:26:38 PM Bitcoin is not truly anonymous because in a sophisticated way users can discover where to send their transactions. That is exactly why the bitcoin 2018 homepage took the word 'anonymous' out of the main headline at the top of the page. But still bitcoin is anonymous although users can discover where Bitcoin address send their fund still if there are no kyc they will not know from who the bitcoin will be send. Anonymity of the sender and the receiver are hidden by the bitcoin address and this why I said that bitcoin is anonymous, we also know that here in forum anonymity are the one we are focusing because we don't want to know our personal identity especially here in the forum. Bitcoin is not anonymous so we have mixers. These mixers are helping anonymity and they are doing a great job of that. If a person only uses Bitcoin to exchange P2P between addresses and away from centralized exchanges, don't worry too much about being exposed as they are outside of the KYC / AML database. Title: Re: Is bitcoin anonymous? Post by: LittleBitFunny on March 03, 2021, 04:35:59 PM Bitcoin is not truly anonymous because in a sophisticated way users can discover where to send their transactions. That is exactly why the bitcoin 2018 homepage took the word 'anonymous' out of the main headline at the top of the page. Bitcoin is not anonymous so we have mixers. These mixers are helping anonymity and they are doing a great job of that. If a person only uses Bitcoin to exchange P2P between addresses and away from centralized exchanges, don't worry too much about being exposed as they are outside of the KYC / AML database. Bitcoin is pseudo anonymous, Anonymity is depending on the uses style of the user. If user able to hide his personal information smartly then no one has the capability to find out him. I you use you own hardware wallet or non custodial wallet then your funds will remain anonymous no one will able to know who is the actual owner until you expose your personal data yourself. People are using mixing service for hiding their multiple uses presence. Mixers has various purposes to use. Title: Re: Is bitcoin anonymous? Post by: AakZaki on March 03, 2021, 09:48:37 PM There will be no privacy in bitcoin, bitcoin is not completely anonymous. existing transactions will be traceable to where the transaction ends. All will know the identity of the person who uses it. Scammers who steal bitcoins are also easy to track.
Never reveal your personal wallet if you don't want to be tracked to keep your privacy safe even though it's not 100% anonymous. Title: Re: Is bitcoin anonymous? Post by: Hamphser on March 03, 2021, 09:51:47 PM A good read up:
https://bitcointalk.org/index.php?topic=2866643.0 Bitcoin is Pseudonymous and some people doesnt know about it and still believe that it is completely untraceable. Cipertrace company wont really be existing if Bitcoin is untraceable in the first place. Title: Re: Is bitcoin anonymous? Post by: Coinsfera on March 04, 2021, 08:50:46 AM We can say that Bitcoin transactions are not completely anonymous, but rather "pseudonymous" transactions. A Bitcoin address is a long string of numbers and letters that are almost impossible to track for anyone.
Title: Re: Is bitcoin anonymous? Post by: Wipeout2097 on March 17, 2021, 11:31:33 PM It is analyzed that bitcoin is arranged to be mysterious since the creatoe of it stay inconspicuous from the puclic. In spite of the fact that, there are articles that says bitcoin was not created to be mysterious a part of customers of it needs to stay remain covered up. Possibly since they might get trick and lose their cash. In the event that we are going attempt to create utilize of bitcoin in our everyday lives as a mode of installment and all, namelessness isn't a thing.If we compare with financial institutions the Bitcoin is free from any policy and provide fast transaction around the globe.
Title: Re: Is bitcoin anonymous? Post by: skpanchal on March 18, 2021, 04:01:48 PM Visa announced that it was partnering with Circle Internet Financial, the startup that raised $271 million dollars in developing the US Dollar Coin (USDC) digital currency on the Ethereum blockchain. The move will see Visa’s 60 million-strong merchant network connected to payments made in the digital currency USDC. The coin itself is now valued at around $2.9 billion
Title: Re: Is bitcoin anonymous? Post by: Ucy on March 18, 2021, 04:18:12 PM I think the right question concerning Bitcoin anonymity should be, can Bitcoin users be anonymous? Ofcourse they can. Anonymity is meant for people(or maybe living things?), by the way, not really Bitcoin. So people who run full nodes are anonymous by default. That's is basically part of Bitcoin feature.
Title: Re: Is bitcoin anonymous? Post by: LordShanken on March 18, 2021, 08:35:03 PM If you go through exchange then bitcoin is certainly not anonymous but in case you have your own wallet like electrum then it’s very hard to trace who is behind a particular bitcoin address. Lastly, there are many ways to hide your IP.
Title: Re: Is bitcoin anonymous? Post by: Ryker1 on March 18, 2021, 08:45:11 PM If you go through exchange then bitcoin is certainly not anonymous but in case you have your own wallet like electrum then it’s very hard to trace who is behind a particular bitcoin address. Lastly, there are many ways to hide your IP. Well, perhaps for me that is Pseudonymous.The transaction of bitcoin can be tracked through the public ledger but it will not be linked directly to your areal identity. This can not be identified your real name but if someone will track the transaction it can be seen where it goes. I don't think bitcoin is completely anonymous because you can be traced using your IP address and it will link which exchange landed you bitcoin and exchange into fiat, unless --if the user will use coin mixer, that has a chance to increase the anonymity. Title: Re: Is bitcoin anonymous? Post by: Imran232 on March 18, 2021, 08:48:12 PM Yes it is 100% anonymous. But it depends on users. Because if users can cover his privacy then its definitely anonymous. Though you are trying to say that a bitcoin user is traceable because his ip address. Yes it is possible. By this method a irregulated countries people got caught. If a users can be able to hide his real ip then it is a damn Anonymous. Actually what this anonymous means its actual meaning is two people doing something for each other but don't know each other. Is it? Then i think its a damn anonymous. Because bitcoin made via this system.
Title: Re: Is bitcoin anonymous? Post by: choechristian00 on March 23, 2021, 04:25:39 AM Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account. We should be more concerned about to what level or extent is bitcoin anonymous ? Bitcoin addresses are 'anonymous,' but they provide no privacy if they can be connected to a real-world identity. As a result, the majority of cryptocurrencies are pseudonymous rather than anonymous. Title: Re: Is bitcoin anonymous? Post by: lisarose9 on March 23, 2021, 04:43:37 AM isn't that the sole purpose of bitcoin ;D
Title: Re: Is bitcoin anonymous? Post by: catherinemole on March 23, 2021, 04:54:12 AM Yes, Bitcoin is not completely but sort of anonymous. What I personally feel is our personal data isn't secure when it comes to bitcoin as it is broadcasted publically in the Bitcoin blockchain. This is also true that Bitcoin has arranged to maintain the customers' privacy but I don't think it works that smooth.
Title: Re: Is bitcoin anonymous? Post by: Om.monata on March 24, 2021, 02:34:47 AM Bitcoin should begin to be used to be able to trace the identity of its owners, but for now there is no legal entity that can regulate this and consequently bitcoin is anonymous. so I think this is a regulation that needs to be applied to bitcoin today so that there are no negative policies that people do against bitcoin.
Title: Re: Is bitcoin anonymous? Post by: bitterguy28 on March 24, 2021, 03:15:31 AM Bitcoin addresses are 'anonymous', but if an address can be linked to a real-world identity, Bitcoin offers no privacy. There are a number of ways to connect addresses to real-world identities, typically via KYC & AML policies at exchanges and blockchain analysis. That means one thing, it is not totally anonymous .But that is why many of us don't wanna deal with KYC or other system that will reveal our identity because we value our privacy more and same reason why we are all here . Because if it is not our privacy then we will stick in banks . Title: Re: Is bitcoin anonymous? Post by: why on March 24, 2021, 03:49:06 AM Yes it is anonymous, people can find out your wallet and balance if you expose the public key to them, otherwise no one will know the wallet and wallet's owner.
another thing is, if you expose the public key to someone he will never know you until you sell your coins for fiat money. So, So anonymity depends on the user. Title: Re: Is bitcoin anonymous? Post by: Rafiqul on April 10, 2021, 05:28:10 PM Of course Bitcoin is anonymous. Anonymous is the main feature of Bitcoin and it is based on this feature that it has developed and gained worldwide acceptance. Anonymous means nothing unrealistic, Bitcoin is a digital currency. Anonymous means that two people will transact with each other but will not know each other, both will have anonymity.
Title: Re: Is bitcoin anonymous? Post by: jjdub7 on April 11, 2021, 08:32:07 AM Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account. We should be more concerned about to what level or extent is bitcoin anonymous ? In fact, Bitcoin can be said to be not completely anonymous, because I think there is a chance to track different AP addresses and their owners if you make different transactions between your wallets and different exchanges. Since most exchanges have a KYC, if you deposit from your wallet and then withdraw funds from the exchange, the anonymous wallet can be linked to you. Title: Re: Is bitcoin anonymous? Post by: Cullly on June 07, 2021, 08:44:56 AM The anonymity of Bitcoin is a major feature of Bitcoin. If we transfer money, we cannot find out who the other party is.
Title: Re: Is bitcoin anonymous? Post by: Renampun on June 07, 2021, 10:43:02 AM The anonymity of Bitcoin is a major feature of Bitcoin. If we transfer money, we cannot find out who the other party is. if you make Bitcoin transactions on the public internet and don't use the tor network maybe you can still be tracked...the reason why many people use coin mixer is to enhance their anonymity so they are not tracked when they are anywhere. Title: Re: Is bitcoin anonymous? Post by: marilynmanson21 on June 09, 2021, 12:09:45 PM for the creator it can be said to be anonymous, but for us it belongs to a second party and so on I don't think it can be said to be anonymous what else if you make an exchange that supports the withdrawal of fiat currency of the country, because the usual withdrawal conditions require KYC so our data is recorded by the exchange party, if the government asks for our data to reveal our assets (just my opinion)
Title: Re: Is bitcoin anonymous? Post by: Erdogan on June 11, 2021, 11:03:21 AM BTC according to my understanding is totally anonymous. There is no way you can get ID of who is behind a particular address if you are using wallet like electrum. And there are several ways to hide your IP just install a VPN and you are good to go.
Title: Re: Is bitcoin anonymous? Post by: zanezane on June 11, 2021, 12:20:54 PM Not completely but if you know how to navigate the ways to be completely anonymous in bitcoin, I am pretty sure that you can probably consider it anonymous. But most users here say it is pseudonymous but that can be debatable.
Title: Re: Is bitcoin anonymous? Post by: Ucy on June 11, 2021, 04:03:24 PM The anonymity of Bitcoin is a major feature of Bitcoin. If we transfer money, we cannot find out who the other party is. Or we simply don't know the name of the other party. It's hard for me to call Bitcoin Anonymous considering the definition of Anonymous. Seems Anonymous is used only for someone whose name is unknown, which is completely fine/ok in "Crypto" space. Besides, Bitcoin has a name (Name: Bitcoin) but it's not a person So we could simply say it's Anonymity Friendly or Users can be Anonymous Title: Re: Is bitcoin anonymous? Post by: nightrider on June 11, 2021, 11:38:45 PM In my opinion bitcoin has anonymity. The birth of Bitcoin promises to open a new future of the financial and banking industry when users do not need to depend on intermediaries, incur high transaction fees or wait a whole week to receive money sent from relatives abroad. However, Bitcoin also has a bad reputation for aiding in underground activities such as money laundering or arms sales due to its anonymity.
Title: Re: Is bitcoin anonymous? Post by: ARTURVHt on June 12, 2021, 01:22:45 AM Yes, Bitcoin has a strong anonymity, and its privacy is very strong. His anonymity can guarantee his security, so anonymity is not only a feature of Bitcoin but also an advantage.
Title: Re: Is bitcoin anonymous? Post by: ROSE B on June 12, 2021, 06:04:26 AM The transaction history of Bitcoin is completely public. Everyone can check the cash inflow and outflow of your wallet in the blockchain through your wallet address, and it can be traced back to the ultimate origin of these Bitcoins, which is generated from the block. The address to which it will be sent later. This poses a huge threat to personal privacy. The Bitcoin protocol provides two solutions to the above problems: (1) All Bitcoin transactions use public keys without personal identification; (2) Bitcoin clients can generate countless public keys to help users Prevent tracking.
Title: Re: Is bitcoin anonymous? Post by: Obito on June 12, 2021, 08:47:53 AM Yes, Bitcoin has a strong anonymity, and its privacy is very strong. His anonymity can guarantee his security, so anonymity is not only a feature of Bitcoin but also an advantage. Not entirely anonymous though because if people looked hard enough, they will be able to find out who is behind the address that they were looking for but nothing to worry about that because that's an extreme case and not everyone can get to that point in their lifetime anyways.Title: Re: Is bitcoin anonymous? Post by: kaggie on July 04, 2021, 01:47:10 PM Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account. We should be more concerned about to what level or extent is bitcoin anonymous ? It is pseudonymous. 1) IP address Bitcoin doesn't work like that. This is one of those things that Satoshi thought about in the design. It's a point of all of the nodes. A transaction can be initiated through a single command to a node. There are many nodes. It's not impossible to track, but not from the node/bitcoin miner side. A user can also connect and initiate a transfer through any number of IPs, as it doesn't IP restrict transactions. An address/user can theoretically be tracked by their IP, but it would be very, very difficult to do so. Keeping track of all of the connecting nodes, but not just to your node but to all nodes, is an impossible task. If a person is running a full bitcoin node, then there is a lot of traffic coming in and out, that it is difficult to distinguish what might be their own transactions versus that of other users. IP isn't a killer tracking mechanism. 2) Exchange account This requires that a person uses an exchange account. Exchange accounts require KYC, which are often are country information limited. Large transaction amounts to/from cash will require KYC, which, arguably maybe shouldn't be completely anonymous to authorities. Exchange accounts are not required from an individual to transact with another individual. Or when third-party bitcoin software is used, like those on phones, these don't always require KYC or exchange accounts. - There are plenty of examples where bitcoin is completely anonymous. No one knows who Satoshi is, for example. So, it has preserved his anonymity. There are plenty of addresses, such as those listed here: https://bitinfocharts.com/top-100-dormant_9y-bitcoin-addresses.html that are not publicly linked with individuals. Title: Re: Is bitcoin anonymous? Post by: Kiley33 on July 05, 2021, 07:10:24 AM A major feature of Bitcoin is its anonymity. If you put all your Bitcoins in a cold wallet, no one knows how many Bitcoins you have. Bitcoins are still traceable, which means that all you have on the chain is It can be seen that it is transparent, so it can also be said to be pseudo-anonymity.
Title: Re: Is bitcoin anonymous? Post by: Blowon on July 05, 2021, 11:05:01 AM I don't think bitcoin is a privacy coin, it suggests that bitcoin should be more transparent than anonymos, with the blockchain everyone can see the details of transactions, even some markets have their own name tags, what do you think about their anonymity?
Title: Re: Is bitcoin anonymous? Post by: Vlad2Vlad on July 25, 2021, 08:14:33 AM I don't think bitcoin is a privacy coin, it suggests that bitcoin should be more transparent than anonymos, with the blockchain everyone can see the details of transactions, even some markets have their own name tags, what do you think about their anonymity? You don’t know what you’re doing then. Been buying 8-balls twice a week for years now and no DEA at my door. You new here. Get jacked and start cracking coin codes and be number 1 troll like me. Title: Re: Is bitcoin anonymous? Post by: Assface16678 on July 25, 2021, 02:55:42 PM On the ledger, you are anonymous but if someone traces specifically your address all the way to you spending it all, they will be able to identify who is behind that address. I think that this is a good reason why not every money laundering users are using bitcoin because the FBI can trace it beck to them especially if there's big transactions and consecutive transactions done in a single address.
Title: Re: Is bitcoin anonymous? Post by: datguyian on July 25, 2021, 08:18:08 PM On the ledger, you are anonymous but if someone traces specifically your address all the way to you spending it all, they will be able to identify who is behind that address. I think that this is a good reason why not every money laundering users are using bitcoin because the FBI can trace it beck to them especially if there's big transactions and consecutive transactions done in a single address. It just requires one connection to your physical address (because you made an order or something) and you are more or less completely identified. Add to that an exchange you underwent KYC on, again you are identified. If you now use Bitcoin addresses that have ever been connected to one of the identified addresses, you are definitely completely identified. Title: Re: Is bitcoin anonymous? Post by: Gcrypto786 on July 26, 2021, 03:07:39 AM A major feature of Bitcoin is its anonymity. If you put all your Bitcoins in a cold wallet, no one knows how many Bitcoins you have. Bitcoins are still traceable, which means that all you have on the chain is It can be seen that it is transparent, so it can also be said to be pseudo-anonymity. Being anonymous is the main and biggest advantage of Bitcoin and that's why that most of the transactions are happening via BTC. BTC can't be traced and the government has no control over it.Title: Re: Is bitcoin anonymous? Post by: Xinarae* on July 26, 2021, 03:42:28 AM Yes, Bitcoin has a strong anonymity, and its privacy is very strong. His anonymity can guarantee his security, so anonymity is not only a feature of Bitcoin but also an advantage. Investors who make a profit by investing in bitcoin for anonymous bitcoin may not know the exact details. Not after seeing the government take control investors will never benefit so much from using bitcoin if the government controls it bitcoin is more profitable to be decentralized.Title: Re: Is bitcoin anonymous? Post by: Kimonoe on July 26, 2021, 04:12:57 AM On the ledger, you are anonymous but if someone traces specifically your address all the way to you spending it all, they will be able to identify who is behind that address. I think that this is a good reason why not every money laundering users are using bitcoin because the FBI can trace it beck to them especially if there's big transactions and consecutive transactions done in a single address. It just requires one connection to your physical address (because you made an order or something) and you are more or less completely identified. Add to that an exchange you underwent KYC on, again you are identified. If you now use Bitcoin addresses that have ever been connected to one of the identified addresses, you are definitely completely identified. Title: Re: Is bitcoin anonymous? Post by: datguyian on July 26, 2021, 10:17:24 AM On the ledger, you are anonymous but if someone traces specifically your address all the way to you spending it all, they will be able to identify who is behind that address. I think that this is a good reason why not every money laundering users are using bitcoin because the FBI can trace it beck to them especially if there's big transactions and consecutive transactions done in a single address. It just requires one connection to your physical address (because you made an order or something) and you are more or less completely identified. Add to that an exchange you underwent KYC on, again you are identified. If you now use Bitcoin addresses that have ever been connected to one of the identified addresses, you are definitely completely identified. The government won't be an instrument of crime. Actually, those who know Bitcoin well enough also wouldn't use Bitcoin to commit crimes, except for those who are absolute professionals and know exactly what to do to break traceability, but that is a minority of criminals. Others just use Bitcoin without concern and that is also dangerous as you don't want to leave your personal footprint all over the place on the Internet on a distributed ledger. Title: Re: Is bitcoin anonymous? Post by: checkmatesir on July 26, 2021, 11:33:45 AM It is upon to the user that how can he manage it and what address he is using for the transactions. And another thing I will tell you that the transaction history of bitcoin is public and everyone can know the inflow of you transaction and outflow too. So, may be anonymous.
Title: Re: Is bitcoin anonymous? Post by: osasshem on July 26, 2021, 12:03:30 PM The anonymous nature of Bitcoin and the block chain technology is to keep it tracks and transactions untraceable, without rules and borders, but if the crypto world becomes regulated, the end to end users might be made clear for a trace and transactions tracking, and it's anonimity which is it's unique feature will wear off. Something else is the KYC process that most to all exchanges are doing, this is probably for them to know who is making transactions of high amount, which could be the process of fraud tackling, and the moment a transaction is traced to such account, personal details are exposed, and a clear trac/track is made. Though, it is true that Bitcoin is pseudo anonymous, as it is not under regulations, but should it goes under regulations, the process of tracing and tracing transactions will be easier and faster.
Title: Re: Is bitcoin anonymous? Post by: AakZaki on July 26, 2021, 06:47:20 PM It is upon to the user that how can he manage it and what address he is using for the transactions. And another thing I will tell you that the transaction history of bitcoin is public and everyone can know the inflow of you transaction and outflow too. So, may be anonymous. It seems that in general, everyone can see the transaction, but to find out who the details are, it will be a little difficult. Because what we see is only the TX id address, and the number of transfers. Some people can use the Mixer feature for transfers between wallets. But remember that actually if crypto goes to an exchanger or bank then later it can be used to track who you areTitle: Re: Is bitcoin anonymous? Post by: stomachgrowls on July 26, 2021, 07:44:16 PM It is upon to the user that how can he manage it and what address he is using for the transactions. And another thing I will tell you that the transaction history of bitcoin is public and everyone can know the inflow of you transaction and outflow too. So, may be anonymous. It seems that in general, everyone can see the transaction, but to find out who the details are, it will be a little difficult. Because what we see is only the TX id address, and the number of transfers. Some people can use the Mixer feature for transfers between wallets. But remember that actually if crypto goes to an exchanger or bank then later it can be used to track who you arebut to know that there are platforms which does have 2 btc limits like binance on where you can easily make out some transfer without verifying your identity which would make tracing even way more harder. Bitcoin is known to be pseudonymous and i do rather say that zcash and monero is totally on that are when it comes to full anonymity. Title: Re: Is bitcoin anonymous? Post by: tiCeR on July 26, 2021, 09:02:37 PM It is upon to the user that how can he manage it and what address he is using for the transactions. And another thing I will tell you that the transaction history of bitcoin is public and everyone can know the inflow of you transaction and outflow too. So, may be anonymous. It seems that in general, everyone can see the transaction, but to find out who the details are, it will be a little difficult. Because what we see is only the TX id address, and the number of transfers. Some people can use the Mixer feature for transfers between wallets. But remember that actually if crypto goes to an exchanger or bank then later it can be used to track who you arebut to know that there are platforms which does have 2 btc limits like binance on where you can easily make out some transfer without verifying your identity which would make tracing even way more harder. Bitcoin is known to be pseudonymous and i do rather say that zcash and monero is totally on that are when it comes to full anonymity. One problem is that we don't know how much data these exchanges like Binance are providing to authorities. That's important because even if you don't undergo the KYC process, it can still be that you send BTC or any crypto to an address that has already been attached to you otherwise. If Binance then provides data to authorities, they can get a pretty good picture about the addresses you own and what you do with them. Title: Re: Is bitcoin anonymous? Post by: kaya11 on July 27, 2021, 05:44:07 AM Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account. We should be more concerned about to what level or extent is bitcoin anonymous ? Tracking through exchanges address is likely to happen if and only the exchange gives your credentials to the ones who are tracing you, or they themselves wants to track you. Since most legit and big exchange out there requires you to KYC for big amounts of withdrawal, and that will most likely to happen. So either use decentralized exchange or peer to peer. regarding I.P. addresses, if you are aware if VPN then it will be no problem, creating new bitcoin wallet address and use it once. In our country there are 3rd party apps that lets you exchange your bitcoin with out you submitting KYC protocols, as long as it is in the minimum withdrawals of a thousand dollars. Title: Re: Is bitcoin anonymous? Post by: Argoo on July 27, 2021, 06:20:23 AM I don't think bitcoin is a privacy coin, it suggests that bitcoin should be more transparent than anonymos, with the blockchain everyone can see the details of transactions, even some markets have their own name tags, what do you think about their anonymity? It is generally accepted that bitcoin is only relatively anonymous, since under certain circumstances and with the capabilities of law enforcement agencies, the identity of the bitcoin holder can be traced. This has been proven more than once in practice. Those who need complete anonymity usually use coins such as Monero, ZCash, Dash and others. Therefore, for illegal purposes, bitcoin is used only in a few percent of cases, up to one dozen.Title: Re: Is bitcoin anonymous? Post by: tiCeR on July 27, 2021, 11:50:58 PM I don't think bitcoin is a privacy coin, it suggests that bitcoin should be more transparent than anonymos, with the blockchain everyone can see the details of transactions, even some markets have their own name tags, what do you think about their anonymity? It is generally accepted that bitcoin is only relatively anonymous, since under certain circumstances and with the capabilities of law enforcement agencies, the identity of the bitcoin holder can be traced. This has been proven more than once in practice. Those who need complete anonymity usually use coins such as Monero, ZCash, Dash and others. Therefore, for illegal purposes, bitcoin is used only in a few percent of cases, up to one dozen.Relatively anonymous aka "pseudonymous". There is quite sophisticated technology on the market already that is fully dedicated to identifying people behind Bitcoin addresses. Chainalysis is closely cooperating with government agencies and I think they even sold shares in their company to government agencies. I am not quite sure but I think I read that a while ago. Chainalysis is one of the market leaders in putting one and one together in order to identify people behind transactions. Title: Re: Is bitcoin anonymous? Post by: Ucy on July 28, 2021, 09:14:19 AM Is United States anonymous? Or can people be anonymous in United States?
Ofcourse we all know the name of the Country is United States, so the name isn't hidden. Besides anonymity is typically used for human not a Nation. Same as Bitcoin(the Network and currency)... the name is Bitcoin, but Users can be Anonymous like Satoshi said. Title: Re: Is bitcoin anonymous? Post by: tiCeR on July 28, 2021, 11:35:34 AM Is United States anonymous? Or can people be anonymous in United States? Ofcourse we all know the name of the Country is United States, so the name isn't hidden. Besides anonymity is typically used for human not a Nation. Same as Bitcoin(the Network and currency)... the name is Bitcoin, but Users can be Anonymous like Satoshi said. Well you went pretty deep into the semantics of OP's wording, but I guess he didn't even think as far as you now took it. Honestly speaking staying as anonymous as Satoshi managed to do is almost impossible for the average user. Or let me reiterate - it is impossible for the average user. Satoshi put enormous effort into leaving no trails and a normal guy with average knowledge about OPsec and what not wouldn't be able to leave no trails, especially not if he or she is a frequent Bitcoin user. Title: Re: Is bitcoin anonymous? Post by: CryptoStar19 on July 28, 2021, 12:15:00 PM Is United States anonymous? Or can people be anonymous in United States? Ofcourse we all know the name of the Country is United States, so the name isn't hidden. Besides anonymity is typically used for human not a Nation. Same as Bitcoin(the Network and currency)... the name is Bitcoin, but Users can be Anonymous like Satoshi said. Well you went pretty deep into the semantics of OP's wording, but I guess he didn't even think as far as you now took it. Honestly speaking staying as anonymous as Satoshi managed to do is almost impossible for the average user. Or let me reiterate - it is impossible for the average user. Satoshi put enormous effort into leaving no trails and a normal guy with average knowledge about OPsec and what not wouldn't be able to leave no trails, especially not if he or she is a frequent Bitcoin user. Agreed. Blockchain analytics software and it's ability to cluster transactions and figure out new ways to link transactions and wallets to identities is also improving drastically whereas this field didn't even exist a few years back. That being said, it is still possible to stay anonymous but takes increasingly more effort. Title: Re: Is bitcoin anonymous? Post by: AakZaki on July 29, 2021, 04:36:37 AM Tracking through exchanges address is likely to happen if and only the exchange gives your credentials to the ones who are tracing you, or they themselves wants to track you. Since most legit and big exchange out there requires you to KYC for big amounts of withdrawal, and that will most likely to happen. So either use decentralized exchange or peer to peer. Is it completely secret? Because if you withdraw and put it in the bank then it's really not a secret anymore. Or maybe it's like Switzerland with banks that are completely unidentified and disobedient to the world's regulations?regarding I.P. addresses, if you are aware if VPN then it will be no problem, creating new bitcoin wallet address and use it once. In our country there are 3rd party apps that lets you exchange your bitcoin with out you submitting KYC protocols, as long as it is in the minimum withdrawals of a thousand dollars. That's right, I think some exchanges will still comply with the regulations regarding KYC so if he is asked by the investigators I think he is obliged to notify. If not, then I think the exchange will be in big trouble. So maybe the confidentiality is maintained, but if there are indications of a crime, the investigators will look for it. With KYC it will be traced more easily. So there is cooperation between the two parties. Title: Re: Is bitcoin anonymous? Post by: ayan9167 on July 29, 2021, 06:30:12 AM It's not anonymous but You can't buy any large amount of bitcoin without KYC or ID or driver's licenses Bitcoin is actually more transparent in many ways than typical things in the financial system,
Title: Re: Is bitcoin anonymous? Post by: onecall123 on July 29, 2021, 06:37:44 AM - Anyone who uses Bitcoin for anonymity is insane. Therefore, it is pseudonymous, not completely anonymous! A blockchain can be viewed by anyone, anytime. The old systems are being washed away. Your security could be compromised by today's technology update and new analytics software. A centralized service keeps records of its clients' transactions.Agreed. Blockchain analytics software and it's ability to cluster transactions and figure out new ways to link transactions and wallets to identities is also improving drastically whereas this field didn't even exist a few years back. That being said, it is still possible to stay anonymous but takes increasingly more effort. Title: Re: Is bitcoin anonymous? Post by: kotajikikox on July 29, 2021, 07:12:47 AM Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account. Pseudonymous or Anonymous who cares? as long as we are not exposing our identity literally then our privacy will remain and let go of wallet or IP address because we can use other name in applying for internet connection , either someone who lives in our house or near us so that's not that big issue.We should be more concerned about to what level or extent is bitcoin anonymous ? you are the one who is just making this widen and also this has been explained and tacked thousand times before , i don't know what's your point in here? haven't you cross any discussion here that talks about pseudonymous in regards to crypto owning? Title: Re: Is bitcoin anonymous? Post by: Karartma1 on July 29, 2021, 11:03:15 AM Yeah, as many suggest, just ever don't link your real ID to your BTC addresses and live with it. Use the LN to transact freely with the world without anyone noticing it (remember only opening and closing is visible on a blockchain tx). And with taproot ready, channel openings/Closings will be not possible to distinguish from other transactions.
So bitcoin can really be 99.99% anonymous, watch out for that 0.01% which weighs like 99 Title: Re: Is bitcoin anonymous? Post by: Vlad2Vlad on July 29, 2021, 07:00:23 PM My hookers and blow just arrived. All paid in anonymous dash. Time for an all nighter. Title: Re: Is bitcoin anonymous? Post by: Smartvirus on July 29, 2021, 07:15:59 PM Trqcing and address to an IP! That's new to me, I've hardly thought of that but then, its a new light before my eyes though, tracing an address to a phone at what cost or with the hopes of archiving what? @OP. Because, my IP address virtuhas nothing on me besides, IP address could be hidden with VPN. That's for those who takes security really seriously though. I do but then, not yo the level I'm trying yo portray but the point is, before you get to resolve to follow up an address that much, there has got to be something more than usual and the government that has got more of the resources to make for a likely resolution, especially when the issue transcends boundaries are more likely not to help, as it involves cryptos.
Title: Re: Is bitcoin anonymous? Post by: Vlad2Vlad on August 03, 2021, 03:45:51 PM Ordered half kilo of supposedly snow using Bitcoin. I’m using my US address of course so let’s test this anonymity. I’m not worried, I trust Ver and Andreas. Got a little boy in box coming from Thailand too. Hope the little fellla makes the trip a liter of coke and some crackers. Bitcoin is the life, man. Never pay taxes, kill the fed, buy whatever you want anonymously. I’m glad this wonder tech came during my lifetime. Impossible to stop Bitcoin according to Andreas circa 2014. He’s an author and expert. I’m going with genius. ~ PRV - no not perv, it’s my initials. ;) Title: Re: Is bitcoin anonymous? Post by: Macadonian on August 03, 2021, 03:48:05 PM I don't think bitcoin is a privacy coin, it suggests that bitcoin should be more transparent than anonymos, with the blockchain everyone can see the details of transactions, even some markets have their own name tags, what do you think about their anonymity? It is generally accepted that bitcoin is only relatively anonymous, since under certain circumstances and with the capabilities of law enforcement agencies, the identity of the bitcoin holder can be traced. This has been proven more than once in practice. Those who need complete anonymity usually use coins such as Monero, ZCash, Dash and others. Therefore, for illegal purposes, bitcoin is used only in a few percent of cases, up to one dozen.Title: Re: Is bitcoin anonymous? Post by: tiCeR on August 05, 2021, 04:54:02 PM Is United States anonymous? Or can people be anonymous in United States? Ofcourse we all know the name of the Country is United States, so the name isn't hidden. Besides anonymity is typically used for human not a Nation. Same as Bitcoin(the Network and currency)... the name is Bitcoin, but Users can be Anonymous like Satoshi said. Well you went pretty deep into the semantics of OP's wording, but I guess he didn't even think as far as you now took it. Honestly speaking staying as anonymous as Satoshi managed to do is almost impossible for the average user. Or let me reiterate - it is impossible for the average user. Satoshi put enormous effort into leaving no trails and a normal guy with average knowledge about OPsec and what not wouldn't be able to leave no trails, especially not if he or she is a frequent Bitcoin user. Agreed. Blockchain analytics software and it's ability to cluster transactions and figure out new ways to link transactions and wallets to identities is also improving drastically whereas this field didn't even exist a few years back. That being said, it is still possible to stay anonymous but takes increasingly more effort. I would say that staying fully annoymous with Bitcoin and Ethereum based tokens is beyond the ability of close to 100% of cryptocurrency users. This is by no means meant to be rude towards any of the users, but you can't even know with certainty that TOR will keep you safe as it is possible that certain agencies are running exit nodes and it is practically impossible to identify them as infiltrated. Title: Re: Is bitcoin anonymous? Post by: Kittygalore on August 06, 2021, 03:11:13 PM Bitcoin was previously more anonymous and we need to recognize this. I wouldn't change a thing if I know that when I agreed to make it less anonymous, that the authorities can catch cyber criminals that are using bitcoin and other cryptocurrencies as a means to do something bad and scummy towards other people besides, not talking about your bitcoin or your address is enough for anyone to be considered anonymous.Title: Re: Is bitcoin anonymous? Post by: Pokapoka124 on August 06, 2021, 09:32:10 PM Bitcoin was previously more anonymous and we need to recognize this. How do you mean? Did Satoshi nakamoto make some changes to the Bitcoin code? Bitcoin is pseudonymous like it always has been. Privacy coins like monero and dash are more secretive because they hide their transaction history hence addresses cannot be linked to them. Title: Re: Is bitcoin anonymous? Post by: blckhawk on September 26, 2021, 12:11:42 AM its not entirely anonymous but most of the transactions are anonymous, they do this for security purposes when it comes to transacting with bitcoin. as we all know the only place that we can transact in bitcoin is through the internet and the internet is full of hackers and other criminal beings that makes your assets vulnerable. so they purposely made transactions anonymous to fool hackers and protect your bitcoins.
Title: Re: Is bitcoin anonymous? Post by: lumierre on September 26, 2021, 04:05:33 AM Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account. We should be more concerned about to what level or extent is bitcoin anonymous ? When I only started working with crypto, I thought that bitcoin is completely anonymous and it is impossible to track, who is the owner of money. But while I was learning more about Bitcoin technologies, I understood that all addresses can be checked and due to IP address, or your personal information on centralised exchange, you can be found. So privacy is an open question in crypto. Title: Re: Is bitcoin anonymous? Post by: sovie on September 26, 2021, 04:42:44 AM When I only started working with crypto, I thought that bitcoin is completely anonymous and it is impossible to track, who is the owner of money. But while I was learning more about Bitcoin technologies, I understood that all addresses can be checked and due to IP address, or your personal information on centralised exchange, you can be found. So privacy is an open question in crypto. Lets put aside the exchanges, in my opinion (centralized exchanges like Binance) are against the spirit of Bitcoin i.e. decentralization. If IP address is the only way you can be tracked then its not very hard to hide your IP address these days (VPN, OPsec etc.). I don't know the extent by which you can be digitally tracked but there are defiantly ways to hide your digital IDs. Title: Re: Is bitcoin anonymous? Post by: MIldic1c on September 27, 2021, 07:23:06 AM If you are just an ordinary bitcoin holder, I think the anonymity at this time is perfect, and you don’t need to worry about it. Unless a Russian hacker cheats a huge bitcoin ransom, the FBI can also be recovered, but I believe that For ordinary people, anonymity is already very safe!
Title: Re: Is bitcoin anonymous? Post by: Sir Legend on September 27, 2021, 09:21:31 AM Bitcoin and cryptocurrencies of course are anonymous, owning bitcoin doesn't take long and personal data, if we use a web wallet like coinbase it only takes about 1 minute, even though anonymous transactions on the blockchain are easy for anyone to track so it's transparent, this is more needed nowadays rather than an account in a bank that only certain parties know.
Title: Re: Is bitcoin anonymous? Post by: juliepower on September 27, 2021, 04:13:15 PM Bitcoin is not anonymous some effort is required to protect your privacy with Bitcoin.The user behind the address is not revealed until the information goes out during a purchase or other
Title: Re: Is bitcoin anonymous? Post by: markdario112616 on September 27, 2021, 08:46:17 PM Bitcoin is not anonymous some effort is required to protect your privacy with Bitcoin.The user behind the address is not revealed until the information goes out during a purchase or other Then you're (Bitcoin) anonymous by just using your statement. It will be an effort to decode who you are, then you're privacy isn't at stake. Your address will definitely be reflected on the chain, once you traded and no it will still be revealed who you are by just the address. Not unless you publicly posted your Wallet address or you are too careless not to secure your assets. So yeah, despite how many trades you are into or purchases you made as long as you keep your tracks clean then there's nothing to worry about your anonymity. Title: Re: Is bitcoin anonymous? Post by: FulxilCoris on September 27, 2021, 09:45:55 PM Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account. Well, to be more precise, Bitcoin is anonymous. I don't know if it's pseudo-anonymity, but if you have bitcoins on an unmanaged wallet there's really no way for anyone to find out. Once you make a transaction, again, the same thing. But do you really care about your anonymity when using bitcoin? Many bitcoin enthusiasts just focus their money and efforts on making more money after investing. Anonymity is not their concern and neither am I. My biggest concern about bitcoin is its profit.We should be more concerned about to what level or extent is bitcoin anonymous ? Title: Re: Is bitcoin anonymous? Post by: witcher_sense on September 28, 2021, 08:26:13 AM Well, to be more precise, Bitcoin is anonymous. I don't know if it's pseudo-anonymity, but if you have bitcoins on an unmanaged wallet there's really no way for anyone to find out. Once you make a transaction, again, the same thing. But do you really care about your anonymity when using bitcoin? Many bitcoin enthusiasts just focus their money and efforts on making more money after investing. Anonymity is not their concern and neither am I. My biggest concern about bitcoin is its profit. The way you acquired your bitcoins may well help the observer to determine that those are actually yours. Your "unmanaged" wallet must in some way interact with the bitcoin network to send and receive transactions, and a lot of information about your real identity is leaked upon such interactions. Moreover, when interacting with the network, you have to generate addresses that basically serve to represent you as a participant in the network. No matter how many identities you create, once you receive or send coins using one of your addresses it will be forever recorded on the blockchain, which means it can potentially lead to your real identity in case a piece of additional information becomes available or more sophisticated chain analysis practices are used. If you bought KYCed bitcoins on an exchange, it means you already attached your real identity to the address, so in this case, no additional investigation is needed.Title: Re: Is bitcoin anonymous? Post by: Ucy on September 28, 2021, 03:40:08 PM Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account. Well, to be more precise, Bitcoin is anonymous. I don't know if it's pseudo-anonymity, but if you have bitcoins on an unmanaged wallet there's really no way for anyone to find out. Once you make a transaction, again, the same thing. But do you really care about your anonymity when using bitcoin? Many bitcoin enthusiasts just focus their money and efforts on making more money after investing. Anonymity is not their concern and neither am I. My biggest concern about bitcoin is its profit.We should be more concerned about to what level or extent is bitcoin anonymous ? Pseudonym should fall under Anonymity. It's basically another form of Anonymity in my opinion. By the way, I wouldn't say Bitcoin is Anonymous... It's like saying Japan is Anonymous. "Bitcoin" is the Name, The name is not Hidden. Bitcoin is not Anonymous. The Word Anonymous is for human beings or maybe living beings. Bitcoin is Anonymity friendly. Humans on the Network don't need to reveal their names, they are represented by their Public Addresses. Title: Re: Is bitcoin anonymous? Post by: QuickAccount on September 28, 2021, 03:57:31 PM Bitcoin is not anonymous some effort is required to protect your privacy with Bitcoin.The user behind the address is not revealed until the information goes out during a purchase or other Then you're (Bitcoin) anonymous by just using your statement. It will be an effort to decode who you are, then you're privacy isn't at stake. Your address will definitely be reflected on the chain, once you traded and no it will still be revealed who you are by just the address. Not unless you publicly posted your Wallet address or you are too careless not to secure your assets. So yeah, despite how many trades you are into or purchases you made as long as you keep your tracks clean then there's nothing to worry about your anonymity. After your wallet address is linked to an exchange, is not anonymous anymore, take the fake hitman 'redandwhite' from the silkroad. He held his bitcoin for many years before trying to cash out, before promptly being arrested because his name was linked to exchange he was trying to cash out at. In my opinion, they best way to keep your anonymity is to use a bitcoin mixer/tumbler. There are many websites that offer this kind of service. Title: Re: Is bitcoin anonymous? Post by: haasanjui on September 29, 2021, 08:14:58 AM Bitcoin is not anonymous it is famous in all world. It has its own value in Cryptocurrency, a digital currency. It is best coin for trading says investors.
Title: Re: Is bitcoin anonymous? Post by: marilynmanson21 on September 29, 2021, 01:41:19 PM I think anonymous is only for the founder, not for the owner, I say that because every time we trade on the exchange, and want to make a withdrawal, we are required to KYC so we as owners cannot be said to be anonymous because our data is owned by the exchange.
Title: Re: Is bitcoin anonymous? Post by: TribalBob on September 29, 2021, 02:26:06 PM bitcoin is not completely anonymous, where transaction data can be seen by certain parties such as existing exchanges, which require KYC or most basic fill in personal data
can be said to be anonymous if the coins we have do not go to the exchange, and only on our hard wallets Title: Re: Is bitcoin anonymous? Post by: Ucy on September 29, 2021, 04:16:04 PM I think anonymous is only for the founder, not for the owner, I say that because every time we trade on the exchange, and want to make a withdrawal, we are required to KYC so we as owners cannot be said to be anonymous because our data is owned by the exchange. You can use Bitcoin anonymously or without your names attached to your coins as it's supposed to be, considering it's a public and trustless network. The anonymity can be considered a security feature if you use Bitcoin publicly or on its transparent network. Without it users with substantial amount of values/bitcoins on the public network are definitely taking serious risk Title: Re: Is bitcoin anonymous? Post by: Sled on October 08, 2021, 09:17:33 AM Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account. We should be more concerned about to what level or extent is bitcoin anonymous ? Being anonymous is a concern to ourselves only. We do not want any users to identy who we are behind every transaction and use a pseudonym in order to hide our true identity. I honestly like to cover my tracks and being in pseudo anonymous state allows me to be private and for security purposes. But I think we can't deny that while the bitcoin is anonymous to many, some criminals took advantage of it to commit fraud or to launder money because in that state they are anonymous to others and convert fiat currency to crypto but that's the downfall side. Title: Re: Is bitcoin anonymous? Post by: Ngewex Yuk on October 12, 2021, 02:44:37 PM Bitcoin is anonymous and we never know who owns the bitcoin wallet, but all bitcoin transactions are open so anyone can see the flow of bitcoin in and out, this is a better concept than a 100% anonymous banking system because no one knows who owns the account.
Title: Re: Is bitcoin anonymous? Post by: FulxilCoris on October 13, 2021, 03:12:58 AM Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account. I checked whether BTC is anonymous or not? And I believe BTC can be 100% anonymous if users know how to cover their tracks. Convenience is appreciated, because we no longer carry physical money with our bare hands, that's why anonymity is important if you are the owner of this currency. And I'm sure BTC is completely anonymous, you can just track their tx hash and see the movement, also you can't tell who they are except you KYC on the exchange and that wallet code is yours The exchange allows you to use.We should be more concerned about to what level or extent is bitcoin anonymous ? Title: Re: Is bitcoin anonymous? Post by: Vlad2Vlad on October 21, 2021, 11:34:03 AM I can’t believe this is being debated. I watched a panel or maybe a post by Luke dash Jr who literally said Bitcoin is the most traceable currency in the world. Being a top core dev, I’d just believe him and use CASH for your hookers and blow. Peace! V Title: Re: Is bitcoin anonymous? Post by: Nightz on October 21, 2021, 12:30:48 PM I can’t believe this is being debated. I watched a panel or maybe a post by Luke dash Jr who literally said Bitcoin is the most traceable currency in the world. Being a top core dev, I’d just believe him and use CASH for your hookers and blow. Peace! V I don't know how exactly the debate went, but if he referred to the majority of Bitcoin users rather than the real geeks, he is probably right. My number isn't based on substance, just guess work, but I would say that at least 95% of the users would are easily prone to making mistakes in staying anonymous. Still your point is right of course, if you know what you are doing everything is possible with Bitcoin. Title: Try CoinCircle Post by: dsisk91 on October 21, 2021, 12:34:19 PM Have you guys tried CoinCircle?
Title: Re: Is bitcoin anonymous? Post by: CDC AP on October 26, 2021, 04:11:52 PM The Bitcoin isn't anonymous, this cryptocurrency maintains a current, completely transparent ledger (log of transactions). While it is true that the coin owners are not identified by any immediately identifiable ID, payments using Bitcoins are not anonymous by design, and leak information.
Title: Re: Is bitcoin anonymous? Post by: StLucifer on October 26, 2021, 05:33:25 PM Seeing this question I was trying to wonder what the meaning of anonymous really is, to be anonymous is for something or someone to be unknown. If you are now saying that bitcoin is unknown I will like to ask further which aspect is it the originator or your address. Now I will say it's you that determine if you want your bitcoin to be anonymous or not.
Title: Re: Is bitcoin anonymous? Post by: DarkDays on October 26, 2021, 06:28:39 PM Bitcoin is not anonymous some effort is required to protect your privacy with Bitcoin.The user behind the address is not revealed until the information goes out during a purchase or other Then you're (Bitcoin) anonymous by just using your statement. It will be an effort to decode who you are, then you're privacy isn't at stake. Your address will definitely be reflected on the chain, once you traded and no it will still be revealed who you are by just the address. Not unless you publicly posted your Wallet address or you are too careless not to secure your assets. So yeah, despite how many trades you are into or purchases you made as long as you keep your tracks clean then there's nothing to worry about your anonymity. After your wallet address is linked to an exchange, is not anonymous anymore, take the fake hitman 'redandwhite' from the silkroad. He held his bitcoin for many years before trying to cash out, before promptly being arrested because his name was linked to exchange he was trying to cash out at. In any way, this anonymity only runs to the point that your identity may not yet be linked to the address but of course all TX-es can be seen at any one time. Title: Re: Is bitcoin anonymous? Post by: Rajamuda on October 27, 2021, 01:09:22 AM Seeing this question I was trying to wonder what the meaning of anonymous really is, to be anonymous is for something or someone to be unknown. If you are now saying that bitcoin is unknown I will like to ask further which aspect is it the originator or your address. Now I will say it's you that determine if you want your bitcoin to be anonymous or not. After all, it's not a big problem, don't worry too much about Bitcoin being anonymous or not, what's clear here is that we must still be able to maintain security when transacting and avoid fraudulent/scams things. Just use the existing system and take advantage of sophisticated technology as a driver of our progress in terms of transactions or improve financial conditions, sometimes we can be said to be anonymous, and sometimes is not.Title: Re: Is bitcoin anonymous? Post by: Rufsilf on October 27, 2021, 12:04:58 PM Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account. We should be more concerned about to what level or extent is bitcoin anonymous ? What you said is right, bitcoin is pseudonymous rather than being anonymous. People isn't too knowledgeable what are this difference at all that's why we have some reported cases of bitcoin stolen from the owner who failed to secure their wallets. We are just using a pseudonym after all and are using public addressing just like what you said op that looks like anonymous or unknown, but these addresses are just a scrambled letters and number but idea is the same, yes it can be traced by the IP you're using even if it's a VPN because these records are being written in the public ledger called blockchain. Title: Re: Is bitcoin anonymous? Post by: Koro-Sensei on October 27, 2021, 03:27:46 PM Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account. Well, to be more precise, Bitcoin is anonymous. I don't know if it's pseudo-anonymity, but if you have bitcoins on an unmanaged wallet there's really no way for anyone to find out. Once you make a transaction, again, the same thing. But do you really care about your anonymity when using bitcoin? Many bitcoin enthusiasts just focus their money and efforts on making more money after investing. Anonymity is not their concern and neither am I. My biggest concern about bitcoin is its profit.We should be more concerned about to what level or extent is bitcoin anonymous ? Title: Re: Is bitcoin anonymous? Post by: eXtremal on October 27, 2021, 03:51:44 PM Bitcoin is not completely anonymous. Moreover, as cryptocurrency enters the business industry. It became more publicized. Even today, cryptocurrency addresses also have their own labels so that they are easy to recognize. Usually this address, loading from a large exchange, such as huobi, bitfinex, binance.
Title: Re: Is bitcoin anonymous? Post by: Ucy on October 27, 2021, 04:30:52 PM Bitcoin is not completely anonymous. Moreover, as cryptocurrency enters the business industry. It became more publicized. Even today, cryptocurrency addresses also have their own labels so that they are easy to recognize. Usually this address, loading from a large exchange, such as huobi, bitfinex, binance. Ofcourse, it's not completely anonymity-friendly but it's important that users can be anonymous atall. I think Bitcoin anonymity is reasonable ok... It would be easy to pinpoint where a leak comes from when you are exposed because it's clear who will have the resource to de-anonimize you. Anonymity is basically part of the design for the purpose of users security in a trustless/permissionless network. We can choose to improve on the anonymity feature in a way that benefits both the user and the community in terms of security Title: Re: Is bitcoin anonymous? Post by: lelahenderson on December 27, 2021, 03:46:58 AM Yes, bitcoin is completely anonymous and that’s reason enough for people to believe in it. You will be able to know if someone or something is trying to harm its anonymity. You can make use of a special network or program to keep it safe from the prying eyes.
Title: Re: Is bitcoin anonymous? Post by: bitcoguru on December 27, 2021, 04:38:07 AM Bitcoin's increasing value is due to the fact that its popularity has soared in recent years. Bitcoin transactions were fewer than 10,000 in 2009. By January of this year, that number had tripled. The reason for this is that investors think it will hold its value better than some other investments, as well as the fact that it is becoming more popular in Asia.
https://www.gemscode.io https://i.imgur.com/5qLxkeQ.png Title: Re: Is bitcoin anonymous? Post by: mendace on June 26, 2023, 09:55:42 PM Yes, bitcoin is completely anonymous and that’s reason enough for people to believe in it. You will be able to know if someone or something is trying to harm its anonymity. You can make use of a special network or program to keep it safe from the prying eyes. In reality Bitcoin is totally public, anyone can check the transactions from the explorer and link an address to an entity if the latter has not been attentive to their privacy. Bitcoin is a great tool that keeps your privacy safe and anonymous but it all depends on how it is used, if you don't have the skills it can prove to be much more dangerous than you imagine. Title: Re: Is bitcoin anonymous? Post by: BenCodie on June 26, 2023, 09:58:40 PM Just like the security of your coins, anonymity is based on how you interact with the chain.
For example, if you buy coins from a centralized exchange with your identity attached, it will be very difficult for you to detach your identity from those coins. However, if you use P2P marketplaces to enter and exit bitcoin, your identity is not attached to the coins you transact, therefore your identity is a little more secure. There is another can of worms regarding the measures you take in securing your network and traffic, as well as your system. These factors also determine the perceived traceability of your transactions. Some of us in the community are trying to have a Cybersecurity & Privacy (https://bitcointalk.org/index.php?topic=5434404.msg61581530#msg61581530) board added to the forum for discussions about topics such as the ones I mentioned. If that interests anyone here, I highly recommend supporting the poll in that thread and posting a comment as to why you support the proposal :) Title: Re: Is bitcoin anonymous? Post by: witcher_sense on June 27, 2023, 07:03:38 AM In reality Bitcoin is totally public, anyone can check the transactions from the explorer and link an address to an entity if the latter has not been attentive to their privacy. Bitcoin is a great tool that keeps your privacy safe and anonymous but it all depends on how it is used, if you don't have the skills it can prove to be much more dangerous than you imagine. No matter how careful you are while interacting with the Bitcoin blockchain, it is not possible to escape the necessity of publishing addresses and transferred amounts, which basically means your activity on-chain will be akin to your forum activity, where it is possible to identify the "sender" and find the link between multiple identities or pseudonyms. When you post a donation address, for example, your pseudonyms get attached to each other, and now it becomes possible for an external observer to group multiple payments into one cluster belonging to the same entity. Needless to say that payments associated with real identity implicitly deanonymize all other "pseudonymous" payments from the same cluster, thereby lowering the anonymity set of all participants who interacted with less careful users. In other words, you can't have privacy on a public blockchain if all other users don't care about its preservation. Even privacy-enhancing techniques like CoinJoin or centralized mixing services can't help much if users are careless about protecting their identities and financial data.Title: Re: Is bitcoin anonymous? Post by: BlackHatCoiner on June 27, 2023, 09:18:03 AM For example, if you buy coins from a centralized exchange with your identity attached, it will be very difficult for you to detach your identity from those coins. Actually, it's quite easy, you just must not move them outside the exchange. If you sell them inside the exchange, get your fiat back to the bank, and close the account, you've detached yourself from those coins. However, if you use P2P marketplaces to enter and exit bitcoin, your identity is not attached to the coins you transact, therefore your identity is a little more secure. I'd rather say that you attach much less information than in a centralized exchange. For example, if you sell some bitcoin for fiat in Revolut, both you and the stranger know each other's full name. Unless of course you exchange altcoins, in that case P2P is near anonymous. Title: Re: Is bitcoin anonymous? Post by: Z390 on June 27, 2023, 09:32:41 AM Bitcoin can be 100% anonymous if the user knows how to cover his tracks. However I don't think our society needs 100% anonimity. From my observations the average joe does not care much about privacy. Personally the fact that Bitcoin offers a high level of anonymity when making transactions is simply a bonus on top of the more important features like decentralization. Bitcoin has no anonymity features out of the box like other privacy coins in the crypto space, that's why mixers are born, if Bitcoin is a privacy coin there will be much more hate on this digital currency than what we are witnessing today, Bitcoin will be stamped as a tool for money laundering, the fact that we can trace Bitcoin transaction makes Bitcoin clean from this trash and that's why the Law enforcement are going after Bitcoin Mixer services. Title: Re: Is bitcoin anonymous? Post by: Agbe on June 27, 2023, 11:27:55 AM Op if I may asked what is the different between anonymous and pseudonymous? From your point of view you see them differently but they are not. If someone says that Bitcoin is anonymous that person in the same time also saying that Bitcoin is pseudonymous but you are using them differently without clear explanation. Bitcoin is anonymous or pseudonymous and that is why everyone can use it because it is open to everyone but the service itself is anonymous and pseudonymous and that is why the users of Bitcoin are also anonymous.
Title: Re: Is bitcoin anonymous? Post by: Z-tight on June 27, 2023, 12:01:16 PM Op if I may asked what is the different between anonymous and pseudonymous? From your point of view you see them differently but they are not. If someone says that Bitcoin is anonymous that person in the same time also saying that Bitcoin is pseudonymous but you are using them differently without clear explanation. Bitcoin is anonymous or pseudonymous and that is why everyone can use it because it is open to everyone but the service itself is anonymous and pseudonymous and that is why the users of Bitcoin are also anonymous. This is not true, there is a difference between anonymous and pseudonymous. When you say something is anonymous it means it isn't possible to trace or track that thing at all, or to know that such a thing probably exists, and BTC transactions doesn't work that way, it uses a public ledger that everyone can see, all transactions that have been made in the network can be seen in the blockchain. But BTC is pseudonymous because even though you can see the transactions on the blockchain, you can't know who performed the transactions and cannot trace it to their real identity. The only way you can trace it to the person's real identity is if they have totally lost their privacy on the network and all their addresses can be connected to them. Title: Re: Is bitcoin anonymous? Post by: hasitha lakshan on June 27, 2023, 01:43:12 PM Who build by bitcoin and why ? i can't understand btc build on the cryptocurrency was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. The currency began use in 2009, when its implementation was released as open-source software. The word "bitcoin" was defined in a white paper published on October 31, 2008. What you guys thinking 🤔
I think bitcoin build by "iluminati" because they have a planned named "new world order" btc will be removed peper money forever in the new world only can transection on cryptourrency .. Title: Re: Is bitcoin anonymous? Post by: hasitha lakshan on June 27, 2023, 01:58:15 PM Can make new bitcoin i can touch 😅❤️
Title: Re: Is bitcoin anonymous? Post by: stompix on June 27, 2023, 04:51:28 PM Op if I may asked what is the different between anonymous and pseudonymous? From your point of view you see them differently but they are not. If someone says that Bitcoin is anonymous that person in the same time also saying that Bitcoin is pseudonymous but you are using them differently without clear explanation. Here is the explanation: https://www.gemini.com/cryptopedia/anonymity-vs-pseudonymity-basic-differences#section-what-does-anonymous-mean-in-crypto Quote Someone who is anonymous is able to operate or speak in a way that makes them unidentifiable. Someone who is pseudonymous operates or speaks in a way in which they can be identified, but their identification shields who they actually are. If it were the same thing nobody would be adding "pseudo" to the definition which changes completely the meaning. I'm amazed that 10 pages into this you come and say it's no difference, forget the actual trait of Bitcoin, the two words have a different meaning no matter two what they are applied to! Title: Re: Is bitcoin anonymous? Post by: Agbe on June 27, 2023, 05:04:10 PM Op if I may asked what is the different between anonymous and pseudonymous? From your point of view you see them differently but they are not. If someone says that Bitcoin is anonymous that person in the same time also saying that Bitcoin is pseudonymous but you are using them differently without clear explanation. Here is the explanation: https://www.gemini.com/cryptopedia/anonymity-vs-pseudonymity-basic-differences#section-what-does-anonymous-mean-in-crypto Quote Someone who is anonymous is able to operate or speak in a way that makes them unidentifiable. Someone who is pseudonymous operates or speaks in a way in which they can be identified, but their identification shields who they actually are. If it were the same thing nobody would be adding "pseudo" to the definition which changes completely the meaning. I'm amazed that 10 pages into this you come and say it's no difference, forget the actual trait of Bitcoin, the two words have a different meaning no matter two what they are applied to! I learn from all the angles in the forum. Both English and Bitcoin and other aspects. Title: Re: Is bitcoin anonymous? Post by: GH2022 on June 27, 2023, 08:35:58 PM Yes and no.
Yes, you can use it and cover your tracks IF you mix coins and follow basic common sense. However, if you do something stupid and illegal (like Helen Hewlett: https://www.edp24.co.uk/news/23284727.dark-web-hitman-trial-killer-website-sham-hears-court/) you will be traced - and also pay for your stupidity. Title: Re: Is bitcoin anonymous? Post by: MarjorieZimmermanGinger on June 27, 2023, 09:14:56 PM So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account. Anonymous can be interpreted as something that is unknown or simpler language does not have a more clearly identifiable form that is closely related to its security system, apart from other people who may have their own views in providing an understanding of the meaning of anonymous from a different point of view- different. People can only search and find bitcoins, but it is difficult to find and track the owner if it is not related to kyc.We should be more concerned about to what level or extent is bitcoin anonymous ? When viewed in a trade that requires kyc, the anonymous nature already has a different value or meaning from his point of view. But basically the nature of bitcoin is anonymous because speaking anonymously in bitcoin is more interpreted as identity security not because it doesn't have a physical form like the others. Title: Re: Is bitcoin anonymous? Post by: BenCodie on June 27, 2023, 09:52:28 PM For example, if you buy coins from a centralized exchange with your identity attached, it will be very difficult for you to detach your identity from those coins. Actually, it's quite easy, you just must not move them outside the exchange. If you sell them inside the exchange, get your fiat back to the bank, and close the account, you've detached yourself from those coins. Yes, if you have no intention to actually interact with the ecosystem or hold coins in the long term, then this is viable to an extent. However, it doesn't beat a long list of caveats and limitations that come with this approach. However, if you use P2P marketplaces to enter and exit bitcoin, your identity is not attached to the coins you transact, therefore your identity is a little more secure. I'd rather say that you attach much less information than in a centralized exchange. For example, if you sell some bitcoin for fiat in Revolut, both you and the stranger know each other's full name. Unless of course you exchange altcoins, in that case P2P is near anonymous. Yes, I thought about specifying this too when I made the post. If one does use P2P marketplaces and wants to retain privacy - it should be known that if any transactions include identity, it may compromise the current (and possibly the previous) level of privacy. Title: Re: Is bitcoin anonymous? Post by: Oilacris on June 27, 2023, 09:56:19 PM Can make new bitcoin i can touch 😅❤️ You are just referring into physical gold i guess which is entirely different on Bitcoin and this what makes it unique on which there's no one could be able to control and there's no way on knowing on whose holding it and this what makes it revolutionary and not shocking to be mainly be supported by this huge community.Speaking about being anonymous then you would really be making yourself completely anonymous on the time that you wouldn't really be touching up centralized platforms. On the time that you do make out transactions in between crypto and fiat and trying out to make withdrawals via fiat using up these places then you are already removing out that anonymity which you've been preferring into. This is the cons on using up CEX but is there any other way on making such fiat transaction? Yes, it would be that on p2p but not all would really be that seeing this to be safe. Title: Re: Is bitcoin anonymous? Post by: tjtonmoy on June 28, 2023, 11:16:20 AM Yes Bitcoin is anonymous! Only if you are able to keep it that way. Established public address? You need nothing to create a software wallet. It could be created in some minutes. If you are really concern about your privacy, then using one and only public address is foolish. In case you are using Bitcoin for daily transactions, there are several wallets providing the service in which it will send Bitcoin from different addresses every time. Why not use that..
If you are a HODLER, you can just get a hardware wallet and use some services like bitcoin mixer to keep your privacy safe. Not because I am wearing a paid signature, it seems more logical to me to do it. After that, just keep HODLing. So the conclusion is, Bitcoin is anonymous. But it depends on how you are using is and keeping it. |
