 Show Posts
|
|
Pages: [1] 2 »
|
Shocking Announcement: LocalMonero and Agoradesk will be winding down its operations.World's largest P2P XMR crypto exchange announces imminent closure. After almost 7 years of operation, due to a combination of internal and external factors, we have made the difficult decision to close our platform.
We're extremely thankful for the love and support we've received over the years. We couldn't have done it without you. We love you all ♥
LocalMonero has been around for most of Monero's life. Fortunately, the Monero ecosystem has matured a lot over these years, and with the imminent launch of Haveno and other DEXs like Serai, atomic swaps, the coming addition of FCMP (full blockchain anonymity set replacing rings of 16) as well as the continuing and rapidly accelerating development of the Monero protocol, we're confident that Monero's future is bright, with or without our platform.
The winding-down process begins today, and finishes 6 months from now. Our support staff will be available for help throughout this period.
Effective immediately, all new signups and ad postings are disabled;
One week from now, on May 14th, 2024, new trades will be disabled as well;
6 months from now, on November 7th, 2024, the website will be taken down. Please reclaim any funds from your arbitration bond wallet prior to that date, otherwise the funds may be considered abandoned/forfeited. Read rest: https://monero.forex/localmonero-agoradesk-will-be-winding-down-its-operations/What happens to XMR now?
|
|
|
|
For the people that mention Tor with Electrum, I understand that. I mentioned Electrum, because I think it can be used on mobile phone. Privacy wallets can't. So the idea was to coinjoin funds I want to spend, then spend them with Electrum through a phone so I can pay without having to carry a laptop around which is insanely annoying. I need to get the funds first in a phone ready to spend. If you get paid in BTC address you have on an Electrum wallet, and you want to pay for someone
- snip -
For example, you get paid in address A which has 0.1 BTC
You don't want to disclose you own 0.1 BTC to this person/entity, so you want to spend 200 USD on this good or service, which are like 0.004855 BTC at current rate.
How do you do this?
- snip -
First of all, you should always use a new address for EVERY transaction you receive. So, if that 0.1 BTC was received as 5 separate payments of: - 0.0301 BTC
- 0.0039 BTC
- 0.0408 BTC
- 0.0019 BTC
- 0.0233 BTC
Then you can just use the two smallest outputs (0.0301 BTC + 0.0019 BTC = 0.0058 BTC) to fund your transaction. In this way, the entity will see no link at all to the three larger outputs under your control. Or, if you prefer, you could use just the 0.0233 BTC output to fund the transaction, significantly reducing the visibility from the full 0.1 BTC to just 23% of your balance. Now, if you have only ever received a single transaction, and the amount of that single transaction was 0.1 BTC, then maintaining privacy of that balance will be more difficult. If you're willing to pay repeated transaction fees over many days/weeks/months/years to gain some privacy, one thing you could do to increase your privacy a bit would be to generate a random time and then after waiting that amount of time from receiving your initial transaction create a new transaction to split your balance by a random percentage and send each portion to a new addresses in your wallet. Then after another random time, chose one of the two outputs randomly, and split that to 2 new addresses. Then after another random amount of time, chose one of the three outputs in your wallet and split that to 2 new addresses, and so on until you have several random sized outputs all created at random different times from random earlier outputs. This will make it much more difficult for the entity to distinguish between outputs that you still control. If you're only trying to maintain privacy from one particular entity, and you don't mind another entity knowing about your larger single UTXO, you could briefly send your 0.1 BTC to a popular entity that pools the bitcoins they receive (such as an exchange or a gambling website). As an example, let's assume you use Coinbase. Then you could withdraw random percentages of the 0.1 BTC, each to a separate address in your wallet. It would become extremely difficult for the entity you are trying to maintain privacy from to determine which of the many, many outputs Coinbase sent were sent to addresses of yours vs. addresses of other people. Another option might be to use an intermediary (friend?, family?, etc) that you aren't concerned about knowing how much BTC you have in the transaction you received. You could make an arrangement for the intermediary to make the payment on your behalf, and then later you could send a payment amount to the intermediary at a new address compensating them for helping you. There are probably more options, but those are the few that come immediately to mind. Note: if the entity you are trying to maintain privacy from is a government entity, it's possible that some of these processes to hide the source of funds might be considered "money laundering" by some governments. This may be illegal in somme jurisdictions, and you may need to talk to a lawyer to make sure that you're not doing anything that could be charged as a crime. Requesting a different address is not always an option. For instance, in the example of anyone here recieving payments in exchange of advertising a website through signatures. The managers of these signature campaigns I assume wouldn't want to deal with a different address per payment, so they ask you to keep the same address for the duration of the campaign. You mentioned Coinbase, not an option since that requires KYC. So a non-kyc exchange or casino that allows for Tor usage would do. But which ones do? This is definitely a better idea than using a mixer tho. Like I said before, you mix your stuff, send it to someone, this someone puts it on an exchange and you may or not have a problem. It should be perfectly legal to use a mixer to not disclose your funds everytime you pay someone, but this is the world we live in now. If instead, you send the funds you want to use to an exchange that isn't KYC and get them back, you can now use them without putting in trouble the person that you are paying if this person deposits these funds into a KYC exchange. Intermediaries are not an option. The payment is a small payment, so im not too worried about things, and it is not some government thing. It's just that if you buy an used item from someone that sells it on a webpage in exchange of BTC for instance, you don't want to tell this person that you own 0.1 BTC, so im looking for the most efficient way to go about things. Perhaps I should have asked this on the other subforum. I use XChange over Tor, 1% fee and works quick every time: http://xmxmrjvjw3drvegm7m5gpqp3bsgp3x3bgc2x7jc76cacr74jhdwop7id.onion |
|
|
|
No!! Mixers don't work anymore, stay away from them. There is an easy way: 1 - get a Monero wallet (feather or mymonero) 2- get the tor browser 3- Swap your bitcoin for Monero (XMR). The best no-kyc exchange I think is xchange.me, they only charge 1%. They have a great tor website. Navigate here with your tor browser: http://xmxmrjvjw3drvegm7m5gpqp3bsgp3x3bgc2x7jc76cacr74jhdwop7id.onion4- Once you get the monero, movie it to a second monero address. Because of how Monero works, your crypto is now fully anonymous. You can now swap it back for bitcoin or any other crypto, and your coins are untraceable. This is the right answer. Use a good no-kyc exchange like xchange over tor, rinse and repeat. Interesting. How long do these exchanges take, are they instant? Pretty much, yes. You just have to wait for a couple confirmations, then XMR gets sent to you after a couple minutes. |
|
|
|
Mixers don't work anymore, stay away from them.
Most likely because the forum has banned them? I am assuming that you've said that they don't work anymore because of the recent ban that has been implemented about them here. I'd agree that one way is to convert your BTC into Monero and going on with coinjoin. @OP, https://kycnot.me/ might help you. Nothing to do with that, it's just widely assumed now that Chainalysis and governments have technology that makes them obsolete, that they can track transactions through them. Monero is open source and only costs 1% to convert to, 2% max if you convert back, so why not be safe and do that instead? |
|
|
|
No!! Mixers don't work anymore, stay away from them.
What do you mean by "mixers don't work anymore"? I am not saying that using a centralized service is the best option, but it is wrong to say that they dont work. Some people still prefer to use mixers because of their ease of use. Converting to Monero is just as easy, and actually anonymous! You don't have to trust that whatever "mixer" you're using isn't broken by governments or companies like Chainalysis. |
|
|
|
It's pretty widely assumed that coins can be traced through mixers by companies like Chainalysis. |
|
|
|
No!! Mixers don't work anymore, stay away from them. There is an easy way: 1 - get a Monero wallet (feather or mymonero) 2- get the tor browser 3- Swap your bitcoin for Monero (XMR). The best no-kyc exchange I think is xchange.me, they only charge 1%. They have a great tor website. Navigate here with your tor browser: http://xmxmrjvjw3drvegm7m5gpqp3bsgp3x3bgc2x7jc76cacr74jhdwop7id.onion4- Once you get the monero, movie it to a second monero address. Because of how Monero works, your crypto is now fully anonymous. You can now swap it back for bitcoin or any other crypto, and your coins are untraceable. |
|
|
|
There's a serious issue with Coinbase here. If this is true, we shall boycott this company immediately. I understand that the FBI or other law enforcement agencies can track your acts, or business, but Coinbase shouldn't. I want to point out that when buy drugs with cash, US dollars, nobody sees the Bank of America, nor the Federal Reserve as having been part in your wrongdoing. Coinbase customers should be entirely free to do illegal things with BTC, and Coinbase has no right to prevent its customers from doing so, nor should it track its customers.
That Coinbase.com does this is fairly well documented. They actually follow your coins, it is not only in cases where users withdraw coins directly from coinbase to a darknet market or gambling site. And they don't only freeze accounts for those uses. They also flagged a bunch of accounts for simply making donations to people such as gwern (gwern.net, he writes and publishes research about the darknet). Obviously it would NOT BE SMART to donate to our site from an address linked to a coinbase account! |
|
|
|
|
Thanks a lot Lorenzo, and everyone else who contributed examples and discussion of this issue.
I also find that a lot of less-technical people, even those who use Bitcoin, are under the false impression that it is anonymous.
|
|
|
|
You guide is to use a third party mixing service! But they alway charge some amount of fees. I am sharing my way of mixing my bitcoin without charge.It is through po.Every time I create a new bitcoin deposit address for receiving the bitcoin. After sending bitcoin to that address, I will wait for the used address's balance is cleared. It normally takes a few hours or one day. Then I will withdraw my bitcoin to a new address .
You're correct, this guide is exclusive to third party mixers, which charge fees starting at 0.5%. I am interested in learning more about other methods of mixing coins without relying on third parties, and I would be really like to hear you elaborate on the method you use. What do you mean "it is through po"? If you could explain your method to us in more detail I would really appreciate it! |
|
|
|
Are you endorsing a particular bitcoin mixing/tumbling service provider? I'm familiar with Bitmixer.io, but that's it...who's good? Are people able to mix/tumble their bitcoins without using a third party? For what reasons (outside of hiding questionable activity) would someone want to mix/tumble their bitcoins?
Thanks.
No, we don't endorse any mixer. Bitmixer.io and Helix by Grams have the highest standing among the darknet community, we have confirmed that they work as advertised, and they are the only two current services who have not had any verifiable complaints against them or losses due to hacks (or "hacks", as all Bitcoiners have seen many times I'm sure). For those reasons we currently list those two as "trusted mixers" on our list of working bitcoin mixers. |
|
|
|
Bitcoin tumbling, also referred to as Bitcoin mixing or Bitcoin laundering, is the process of using a third party service to break the connection between a Bitcoin address sending coins and the address(s) they are sent to. Since the Bitcoin blockchain is a public ledger that records every transaction, mixing coins is critical for anyone who doesn’t want the entire world to know exactly where they send and store their BTC, or from where they receive it. Properly mixing coins may seem like a daunting task to those who aren’t very familiar with Bitcoin, but it is actually a simple process that will only take a few minutes of your time for each deposit. There are good reasons for everyone to mix their coins, but for those who use Darknet Markets in particular, it is a necessity. New tools are being built all the time to increase the ability of the public, as well as private corporations and government agencies, to follow coins through the blockchain and track those who use it. It may seem like a waste of time now, but in the near future it may be simple for anyone- including friends, relatives, employers, and law enforcement, to track every Bitcoin transaction you’ve ever made and see exactly where it ended up. Breaking the connection between your addresses and the coins’ destination by mixing them is certainly a precaution that all DNM users should take. In this guide we attempt to provide the simplest possible step-by-step instructions to help users unfamiliar with the process of Bitcoin tumbling do so effectively. This guide assumes the reader already has a basic understand of how to send Bitcoins and how to use .onion sites. Rest of the guide: https://darknetmarkets.org/news/a-simple-guide-to-safely-and-effectively-mixing-bitcoins/ |
|
|
|
Criminals/thieves/hackers tracked - all of them.
Caught - maybe less than 1%.
How do you figure that? There are many criminals who LE would love to catch, but are getting away because they mixed their coins properly. |
|
|
|
Why even mention Silkroad? This is a shameless press release that mentions Silkroad for no other reason than to gain attention using keywords that have nothing to do with OpenBazaar.
#silkroad
#silkroad
#silkroad
It is a marketplace that will make it easy to sell illegal goods. I don't understand how you think OB is nothing like silkroad? I think it's a fair comparison. As far as I can tell it is not going to function over the Tor network, so how will it "make it easy to sell illegal goods"? Major drug dealers are not going to take a step backwards with thier OpSec. |
|
|
|
Those people have been free for a shockingly long time, but prison breaks are still almost non-existent. I'd say it's a far more realitic option for Ross to get a pardon from President Rand Paul or President Bernie Sanders (knowing full-well how unlikely those options are). |
|
|
|
|
I have heard of several people having their Coinbase accounts closed for sending btc to darknet markets, and I recall that guy who sent coins he won fraudulently from a casino directly to a exchange (I think it was bitstamp, maybe bter?) and having them frozen.
Are there any other examples you folks can think of where people have been tracked over the blockchain? Has law enforcement ever caught anyone this way?
If there is a list or another post/thread on this subject I would appreciate being pointed to it.
Thanks
|
|
|
|
Ross William Ulbricht, legendary creator of the original darknet market The Silk Road, has been sentenced today in federal prison to Life in Prison. Ulbricht became a hero to many in the darknet community, as well as the broader Bitcoin and libertarian movements, after his arrest in November 2013 revealed him to be the ‘Dread Pirate Roberts’, the pseudonymous creator and operator of the Silk Road. His arrest came after a months long investigation by multiple law enforcement departments in the United States. https://darknetmarkets.org/news/silk-road-founder-ross-ulbricht-sentenced/ |
|
|
|
I have never heard of BlackBankMarket before, is it a silk road type of website? Is this latest story like when the admin of evolution stole everyone's Bitcoins and disappeared?
Yes, Black Bank was an illicit marketplace on the darknet (Tor), much like the Silk Road and Evolution. It appears now fairly certain that the site has become the latest exit scam. |
|
|
|
(Reuters) – A U.S. spying program that collects data about millions of Americans’ phone calls is illegal, a federal appeals court ruled on Thursday, adding pressure on lawmakers to decide quickly whether to end or replace the program, which was intended to help fight terrorism. While stopping short of declaring the program unconstitutional, the 2nd U.S. Circuit Court of Appeals in Manhattan said Congress did not authorize the National Security Agency to collect Americans’ phone records in bulk. The existence of the NSA’s collection of “bulk telephony metadata” was first disclosed in 2013 by former NSA contractor Edward Snowden. Full article with no ads, tracking of any kind, or paywall: U.S. NSA domestic phone spying program illegal: appeals court
|
|
|
|
|
