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Author Topic: How to make Bitcoin transactions untraceable?  (Read 16019 times)
notlist3d
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August 21, 2015, 08:08:27 AM
 #61

I am wondering whether it is possible to make Bitcoin transactions untraceable or not? As long as I know, Altcoins like Monero, BitcoinDark or Dash are using different concepts in order to make transactions untraceable. Is it also possible for Bitcoin by using some extra tools?

You have to use a mixer like bit mixer.io. But you have to mix many time your amount in way to keep safe that your transaction is untraceable. Anyway, consider that mixer takes some fee (Bitmixer.io charge 0.5% if I'm not wrong).

Even using mixers, it's entirely possible to track transactions. Essentially, you're paying money to make things slightly harder, while still not resolving the anonymity issue.

Also in my many month's on this forum sadly you will see mixers that just stop working.   People send money to them, and get nothing out.  Either scam or a site that no longer does the service.

Even if it works I don't think it's worth it.   I think it provides a false sense of security.  I personally have never used one and don't intend to.
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August 21, 2015, 08:10:44 AM
 #62

I am wondering whether it is possible to make Bitcoin transactions untraceable or not? As long as I know, Altcoins like Monero, BitcoinDark or Dash are using different concepts in order to make transactions untraceable. Is it also possible for Bitcoin by using some extra tools?

You have to use a mixer like bit mixer.io. But you have to mix many time your amount in way to keep safe that your transaction is untraceable. Anyway, consider that mixer takes some fee (Bitmixer.io charge 0.5% if I'm not wrong).

Even using mixers, it's entirely possible to track transactions. Essentially, you're paying money to make things slightly harder, while still not resolving the anonymity issue.

Also in my many month's on this forum sadly you will see mixers that just stop working.   People send money to them, and get nothing out.  Either scam or a site that no longer does the service.

Even if it works I don't think it's worth it.   I think it provides a false sense of security.  I personally have never used one and don't intend to.

This is also a valid concern. Not to mention they need a lot of liquidity to work in the first place (otherwise they accomplish nothing). I'd think sending them to an anonymous casino would accomplish almost the same thing, without the risk (anonymous being those that don't require you to make an account).

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bank of bits
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September 19, 2015, 09:51:44 PM
 #63

You can constantly change your addresses manually to help stay "more" anonymous but it's never perfect.
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September 20, 2015, 12:18:59 AM
 #64

I am wondering whether it is possible to make Bitcoin transactions untraceable or not? As long as I know, Altcoins like Monero, BitcoinDark or Dash are using different concepts in order to make transactions untraceable. Is it also possible for Bitcoin by using some extra tools?

You have to use a mixer like bit mixer.io. But you have to mix many time your amount in way to keep safe that your transaction is untraceable. Anyway, consider that mixer takes some fee (Bitmixer.io charge 0.5% if I'm not wrong).

Even using mixers, it's entirely possible to track transactions. Essentially, you're paying money to make things slightly harder, while still not resolving the anonymity issue.

Also in my many month's on this forum sadly you will see mixers that just stop working.   People send money to them, and get nothing out.  Either scam or a site that no longer does the service.

Even if it works I don't think it's worth it.   I think it provides a false sense of security.  I personally have never used one and don't intend to.

This is also a valid concern. Not to mention they need a lot of liquidity to work in the first place (otherwise they accomplish nothing). I'd think sending them to an anonymous casino would accomplish almost the same thing, without the risk (anonymous being those that don't require you to make an account).

Anonymous casino will for sure collect your data (ip , browser , etc.) and attach it to your addresses.
For example Bitmixer.io promise that all user data will be deleted from server within 24h.

klf
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September 20, 2015, 12:36:59 AM
 #65

The blockchain only shows addresses, Having multiple addresses is a good idea, and by using a "mixer" you can send BTC from one address to another without anyone else even knowing you own both addresses.
ranlo
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September 20, 2015, 01:54:35 AM
 #66

The blockchain only shows addresses, Having multiple addresses is a good idea, and by using a "mixer" you can send BTC from one address to another without anyone else even knowing you own both addresses.

I posted a document earlier in the thread from MIT, showing that even after mixing coins, you can see who owns addresses (or, rather than you can tell which addresses are linked). So this isn't true at all. It obfuscates data, but doesn't do much if someone really wants to know.

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languagehasmeaning
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September 20, 2015, 02:06:31 AM
 #67

I am wondering whether it is possible to make Bitcoin transactions untraceable or not? As long as I know, Altcoins like Monero, BitcoinDark or Dash are using different concepts in order to make transactions untraceable. Is it also possible for Bitcoin by using some extra tools?

xmr.to allows you to pay anyone that accepts btc completely anonymously by using monero
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September 20, 2015, 07:01:31 AM
 #68

Few things you can do to make it harder to trace. You can mix your coins around like using the services of bitmixer. You can also transfer to exchangers and exchange it to other altcoins and then exchange back to btc. It all depends in how you do it.

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September 20, 2015, 07:12:44 AM
 #69

You can constantly change your addresses manually to help stay "more" anonymous but it's never perfect.
This is not very true. If you spend inputs from both addresses, people would know that the owners of the two addresses are the same person. Same with if the amount is sent or received from either of the addresses.

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ranlo
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September 20, 2015, 08:26:31 PM
 #70

I am wondering whether it is possible to make Bitcoin transactions untraceable or not? As long as I know, Altcoins like Monero, BitcoinDark or Dash are using different concepts in order to make transactions untraceable. Is it also possible for Bitcoin by using some extra tools?

xmr.to allows you to pay anyone that accepts btc completely anonymously by using monero

This isn't really a solution. That's like saying "You can make a credit card transaction anonymously by using your card to get a cash advance and then use the cash." No. This doesn't affect the Bitcoin transaction -- you're just essentially withdrawing the money and using it in other ways.

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bobc1994
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September 21, 2015, 04:35:32 PM
 #71

you have to take some pretty technical steps involving mixers and possibly other crypto currencies to make your Btcs close to anonymous.

michietn94
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September 21, 2015, 04:55:33 PM
 #72

you have to take some pretty technical steps involving mixers and possibly other crypto currencies to make your Btcs close to anonymous.

Yeah just like converting bitcoin into Doge or Str from exchanger

Few things you can do to make it harder to trace. You can mix your coins around like using the services of bitmixer. You can also transfer to exchangers and exchange it to other altcoins and then exchange back to btc. It all depends in how you do it.

very agree with this one, but surely require a lot of work here

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torry28
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September 23, 2015, 10:12:48 AM
 #73

Mixer are best ways to do so...
ranlo
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September 24, 2015, 07:02:52 AM
 #74

Mixer are best ways to do so...

Read earlier in the thread. Mixers do almost nothing and if you use them, you're wasting your money. It's easy to see the signatures across addresses.

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maartenhaha
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September 24, 2015, 07:08:47 AM
 #75

@ OP,

hi,
may we know why you want to cloud up your transactions in mistery? you found something on the dark web you want to buy? if yes, do they sell howitzers aswell? i would love to play around with a howitzer lol  :p ^^


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September 25, 2015, 09:44:09 PM
 #76

Not really the coin's you need to hide.. Make sure if you have a "online" wallet you don't go logging in leaving IP Log. Make sure use a good VPN / VPS - Spoof user agent of browser, Change Eth / Wlan Mac address.  all these things can help you with the privacy aspect. If you ain't using your own IP then you should have no problems just make sure you don't leave your real machine fingerprint anywhere "someone" might look.
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September 25, 2015, 10:06:06 PM
 #77

I think that bitcoin just needs to settle with what it intended to be in the first place... A future currency adopted by the masses that can easily transfer currency to one another without knowing the person you are sending money too.  When you want the currency to be adopted by everyone, young or old, you have to make it simple.  I think bitcoin is doing just fine with all of this, and is gaining more and more popularity through media.

Now if you want security and the purchasing power of bitcoin, I would just say you get a cold wallet to store a majority of bitcoins, and with the rest of the bitcoins left over, merge them to getting another more "secure" coin like monero or something of the like.  This way you can just keep switching back and forth, whenever you feel the need to be secure, go with monero, but when you feel the need of holding on to bitcoin for the purchasing power you can transfer your monero into bitcoin using shapeshift.

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September 26, 2015, 07:01:16 AM
 #78

Mixer are best ways to do so...

better to use bitcoin directly, take advantage of service like allforbtc or something else, or you can do it privately with a member ont he forum, he buy for you and you pay in bitcoin

i think in this way you can avoid plenty of troubles
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September 26, 2015, 12:58:01 PM
 #79

you should make your bitcoin anonymous from the start. which means you should buy it with cash from someone and place it in a new address.
this way it will have no links to you, because buying from any sort of exchange or using credit card would link it to you.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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September 27, 2015, 05:34:36 AM
 #80

you should make your bitcoin anonymous from the start. which means you should buy it with cash from someone and place it in a new address.
this way it will have no links to you, because buying from any sort of exchange or using credit card would link it to you.

If you use it at some point, you've now created a link between you and the coins. So you still aren't anonymous.

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