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Author Topic: A Simple Guide to Safely and Effectively Tumbling (Mixing) Bitcoins.  (Read 2288 times)
DarknetMarkets (OP)
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June 27, 2015, 10:28:35 PM
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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/
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June 28, 2015, 12:45:55 AM
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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.

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June 28, 2015, 08:03:19 AM
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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 .   
DarknetMarkets (OP)
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June 28, 2015, 09:10:13 PM
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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.
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June 28, 2015, 09:13:46 PM
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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!
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June 28, 2015, 09:25:08 PM
 #6

...

Yes, I too would be interested in learning more about "other ways" to mix BTC.

I do not use (nor even know how) to use TOR, so I cannot comment on the .onion sites, but, I would presume that bitmixer.io's site would work pretty well.  Juat make sure that you have the genuine bitmixer.io .onion site.

I would also invite anyone's comments who has used either dark mixing site.

*   *   *

Given enough bother, I think that a technique *sort-of* similar to what hua_hui outlined might help a little: sending BTC to many sites (using many wallets as origins and destinations), and then several times, might work a little to disguise a trail, but would not likely work against a determined opponent.
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June 29, 2015, 02:45:34 AM
 #7

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!
i don't think anything that you do on your own, can cover your transactional track and do the mixer's job. but i want to know more about other ways to mix your coins without the need of a third party too.
the only other way that i can think of right now is using the shared coin feature available in blockchain.info wallet. although i don't know how reliable that is.

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BitcoinNewsMagazine
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September 07, 2016, 08:31:55 PM
 #8

Shared Coin and other coinjoin services were broken back in 2014 as reported by Kristov Atlas. At the moment the best way to anonymize bitcoin is through the use of Monero.

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September 07, 2016, 10:55:22 PM
 #9

one can use  xapo+new addresses+proxy altcoin exchanges in any combination (use alt exchange if you are fine with losing some due to the exchange margin+tx fees)
xapo creates a new clean addy for every transaction of yours
there are many ways but no method guarantees 100% complete anonymity
the guide itself is a ok if you do not mind losing up to 1% of your total btc

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