... That was an interesting article, bravo! Thanks for posting it. *** For little fishez like most of us there are already tools that we can use that will hide our BTC transaction tracks from all but the most determined and highly skilled trackers: -- buy a used laptop from a pawn shop (pay cash) and use its wifi where you normally never go... -- use TOR (although I personally do not know how, rumor has it that TOR may be compromised anyway) -- use mixing services for your BTC. I like the mixing services bitmixer.io and sharedcoin.com, use both... -- make LOTS of transactions via multiple wallets If you are doing nothing illegal, and the amounts are fairly small, it is hard for me to see anyone getting "caught". Caught for what?
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... Actually, I too like looking at transactions to try and learn more about what is going on (I have been doing Bitcoin for only a few months). That includes looking at blockchain.info transactions. There are lots of things I do not understand about some types of transactions, yet I want to learn more about how it all works. In fact, I have been looking for the textbook for " Blockchain Transaction Interpretation 101"... I see nothing wrong with curiosity and wanting to learn more, especially about using BTC for financial discretion and self-protection. In fact I believe it is my duty to learn more!
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@ eslfc1
I cannot answer your question, but I have one wallet at blockchain.info and would like another.
Perhaps you could send a message to them, give them the specifics of your problem, and they might help?
Let us know how that turns out, blockchain.info is apparently very respected.
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... Beliathon, you have posted some excellent material! I hope that you get your wish, that people read (watch) some/many of the pieces above. Yeah, I am hoarding BTC, as fast as I get my hands on them. *** My contribution to a reading list is just below. Here I tackle the interesting problem of how to better cover your tracks while using BTC. A "new" used laptop. Long daisy chains of transactions. I did not address TOR and email encryption, as those are beyond my scope. For now anyway. "Fun With Bitcoin for Beginners: Part Eight" http://goo.gl/8ylIVo
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Wealth held quietly (off the grid, in BTC, in gold, perhaps quietly in some foreign countries <--- use your imaginations) may partly shield you in the event that a "Wealth Tax" comes around.
A Wealth Tax is a job killer. Socialism run amok. I hope that our Dear Leaders do not take us down that road to Hell.
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Well, Dr. Moriarty, it looks like you offer an interesting service.
I (for one) look forward to hearing reviews of experiences of bitcointalkers with your service.
Good luck!
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I have read a few suggestions here to just send BTC to exchanges, and then wait a while and have them sent back (perhaps even in part) all with the idea of giving some extra privacy (vs. using mixing services).
But I have a question:
Do you lose privacy when using the BTC exchanges, even just to send some over there and have them send BTC back? "Know your customer" rules? Etc.
I am interested in privacy for my BTC holdings, and if I have to pay a mixing service (or two!) just a little bit to hide my BTC and wallet connections, that is OK with me.
If the exchanges insist on knowing a lot about their customers, that is not OK with me.
Thoughts?
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... I do not think that it is necessary for the dollar to crash in order for BTC to reach many thousands of dollars each. A million dollars each (no hyperinflation)? Ahh, well I don't know enough to offer a good opinion. Gold will likely do very well too. As the "paper gold" burns, the real (physical gold in your own possession) will likely do very well. Gold and BTC compliment each other very well. Maybe we will see both knocking on $55,000...
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NO ONE knows what the future will bring, Beliathon.
Gold is wealth.
I hold both. I would suggest that anyone with savings buy both. Diversification is a powerful thing.
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... Like others, I have noted some new players in blockchain.info's mining pool stats. Three of them are labeled "Unknown with 1xxxxx Address". So, I took a look at one of them: https://blockchain.info/address/1AcAj9p6zJn4xLXdvmdiuPCtY7YkBPTAJoThese guys have been winning blocks lately. But, if you click that link, it *looks like* they may be related, somehow, to GHash.IO! Scroll down that page and see "ghash.io" references when they pay out. *** OROBTC does not know much, I am just reporting news! I will take a look at the other one or two "Unknowns" there as well.
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... IMO, bitmixer.io has been trustworthy. I have mixed BTC about eight times over the past two months or so. I have had about the same success with sharedcoin.com. bitmixer.INFO is the one getting bad reviews, I have not tried them. Of course, "YMMV". But, I have been happy w/ bitmixer.io. *** Perhaps someone here could run a "whois" or similar on bitmixer.io? (I do not know how.)
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... As of 7:14 PM US ET, they had won the last five blocks. As others have said, there is a probability curve here... GHash.IO and Discus Fish combined at 51% total (I know they are different pools), many of the new entrants (KnC, AntPool, CloudHashing) are still claiming slices of blockchain.info's mining pool stats.
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ShakyhandsBTCer
Not too hard to exchange your BTC for my cash... PM me if interested. NOT huge quantities. Not a cop nor a crook.
It's really hard for me to find BTC for cash, hardly anyone I know has any at all. And I want to be off the grid buying BTC.
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... Thanks, guys! http://goo.gl/cfk7gyEDIT: KnC and Bitmain, front-running their own customers, seems kind-of sleazy, no?
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... I am writing a new blog article, and I will be discussing BTC. My piece will be why everyone should own some gold, have some CA$H and own some BTC. Re BTC, I did want to show some of these changes (new miners at blockchain.info's mining pool stats), which seem to be fairly dramatic over the past few days. Today, I noticed "AntPool" appeared there for the first time (that I have seen). Would AntPool be related to the manufacturer of the AntMiners? Another example of the ASIC makers mining with the machines they make (before delivery to their customers)?THANK YOU for any help!
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Very interesting, "thank yous" to all of you knowledgeable folks above, I appreciate it.
"It seems like" (to me anyway) that bigger players may get into this (making LARGE quantities of these chips). But, I see your points above re profitability and fabricators (TSCM).
What would stop some heavily capitalized company from going to a TSCM and making millions of these chips...?
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Before I looked into Bitcoin, I had never heard of BitFury and KnC and similar.
Which leads me to wonder what would happen to mining hardware should a Samsung or Toshiba entered the busines of making these special chips.
Samsung Electronics is Korea's largest company. I have seen "Koreans in Action" (at their ball bearing plants, very impressive). Do not discount S. Korea as a potential major player in the world! Koreans are smart, tough and work hard.
Toshiba of Japan is also good at making mass quantities of good chips.
Perhaps even Intel or Qualcomm?
Would a major chipmaker like any of the above have a significant influence on BTC?
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KimNam, please let us know how your experiences go! I am pleased to hear that someone you know also had a good experience with bitmixer.io.
Legitimate companies offering this important service should be welcomed.
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... I have used sharedcoin.com and bitmixer.io some eight times each. I have had no problems with either. I have seen various references to OTHER mixing services that may be scams or poorly run. I have not been around bitcointalk.org a long time, so I guess I would like to start a thread on MIXING SERVICES EXPERIENCES. So, how about it, guys? Any comments on these two or any other (reputable or not) mixing services?
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