anoymous bitcoins

[gvuandrew]

Hey, I'm trying to remain as close to 100% anonymous on bitcoins as possible and came up with an idea and would like some feedback on what holes I'm missing and what recommendations you have.

i get paid in bitcoins from a provider and i won't link my bank account to this wallet as this would give me away
so money goes into wallet 1
wallet 1 sends to mixer1
mixer1 sends to wallet 2
wallet 2 sends to mixer2
mixer2 sends to wallet3
wallet3 sends to mixer3
mixer3 sends to wallet4, and from wallet4 I connect my bank account to it

so we have 3 mixers here, all 3 would have to cooperate with the Goverment, i don't think that's too likely

Also I would look for mixer companies in countries like N Korea, China, Russia, Iran...

Let me know what you guys think of this and please do add/modify your own suggestions

Also side question: What mixer companies have a good reputation out there I should check out?

Appreciate all replies, feedback, advice...

[Sharma]

Hey, I'm trying to remain as close to 100% anonymous on bitcoins as possible and came up with an idea and would like some feedback on what holes I'm missing and what recommendations you have.

i get paid in bitcoins from a provider and i won't link my bank account to this wallet as this would give me away
so money goes into wallet 1
wallet 1 sends to mixer1
mixer1 sends to wallet 2
wallet 2 sends to mixer2
mixer2 sends to wallet3
wallet3 sends to mixer3
mixer3 sends to wallet4, and from wallet4 I connect my bank account to it

so we have 3 mixers here, all 3 would have to cooperate with the Goverment, i don't think that's too likely

Also I would look for mixer companies in countries like N Korea, China, Russia, Iran...

Let me know what you guys think of this and please do add/modify your own suggestions

Also side question: What mixer companies have a good reputation out there I should check out?

Appreciate all replies, feedback, advice...

well... you do have to be carefull, you're using 3 mixing services.
Mixers have the tendancy to make errors, read the forum, a lot of people file scam reports or claim their funds never arrived.
Using 3 mixing services in a row might be overkill... And put your funds at risk.

I'd use a good VPN (ipredator or something similar), use 1 mixing service, and one other service (like deposit-withdraw from a large casino).
The only mixing service i'd use is bitmixer.io, but even this one had some complaints about their support speed AFAIK.

[calkob]

Surly the whole point of mixers are to work 1st time so i doubt you would need to use 3 differaent mixers which will cut down the risk you are exposing yourself too.   

[owm123]

Surly the whole point of mixers are to work 1st time so i doubt you would need to use 3 differaent mixers which will cut down the risk you are exposing yourself too.   

ANd how do you know that the mixers dont log the transactions? Because they write on their websites? :-)

[ATguy]

so money goes into wallet 1
wallet 1 sends to mixer1
mixer1 sends to wallet 2
wallet 2 sends to mixer2
mixer2 sends to wallet3
wallet3 sends to mixer3
mixer3 sends to wallet4, and from wallet4 I connect my bank account to it

so we have 3 mixers here, all 3 would have to cooperate with the Goverment, i don't think that's too likely

You might overlook all 3 wallets can be identified as from probably same entity when you use the same IP or VPN provider/s sharing the info with government when you send transaction from your wallet 1,2 and 3 to Bitcoin network. Sybil attack with many nodes can identify sender transaction IP, which you should assume government is doing to counter terrorism. Thus making the 3 hops probably useless.

[Patatas]

Anyhow,the money has to come to your Bank account right ? Do you think the Bank will do the trouble of tracing where the money came from? They will simply block your account and ask you to submit valid proofs to show the transactions are legit and you're paying taxes for the amount you are getting paid for.

[SFR10]

The thing with blockchain is that proof will always be there and if someone is eager enough to find and trace the origin of where funds started circulating then surely they could trace it back to you (even with the plan you stated), unless the amount and fee you'll be sending is common with many other transactions and that will only make it hard to trace. Also when you use 3 mixers, your wasting too much extra fees in the process. And lastly, since I'm a residence of Iran, there aren't any mixing services here.

[bitcerto]

I could be mistaken, but isn't the main selling point of Darkcoin that it's 100% anonymous? If so, I'd suggest moving your BTC through an exchange into DASH and then buying it again with your end source account.

Either way you slice it, there's always going to be some record somewhere of what you do.

[gvuandrew]

Surly the whole point of mixers are to work 1st time so i doubt you would need to use 3 differaent mixers which will cut down the risk you are exposing yourself too.   

ANd how do you know that the mixers dont log the transactions? Because they write on their websites? :-)

so regarding this point, that's exactly why I would want 3, because to find me, all 3 would have would to divulge which is unlikely if these companies don't want bad press on the street.  If I used 1 mixer, then you are right, if they caved under pressure, then I'm screwed.


Now regarding the IP thing, I would use TOR but also access the internet when using the bitcoin stuff in public areas with wifi so can't be traced to my IP at home

Regarding the comment on bank account, now that I don't know. I'll ask my bank about that, but this isn't about paying taxes for me, I'm paying taxes, so not sure why they need to see from wallet 1, all they see is bitcoins into my bank, what's the big deal there?

now the casino comment was very interesting, i need to look into that more.  so after 1 mixer, then deposit into casino, and then withdraw

[~Bitcoin~]

I am not expert in being anonymous but using 3 mixer service provider of 3 different country seems to be more than enough. I think you are good to go this way.

[Sharma]

Surly the whole point of mixers are to work 1st time so i doubt you would need to use 3 differaent mixers which will cut down the risk you are exposing yourself too.  

ANd how do you know that the mixers dont log the transactions? Because they write on their websites? :-)

so regarding this point, that's exactly why I would want 3, because to find me, all 3 would have would to divulge which is unlikely if these companies don't want bad press on the street.  If I used 1 mixer, then you are right, if they caved under pressure, then I'm screwed.


Now regarding the IP thing, I would use TOR but also access the internet when using the bitcoin stuff in public areas with wifi so can't be traced to my IP at home

Regarding the comment on bank account, now that I don't know. I'll ask my bank about that, but this isn't about paying taxes for me, I'm paying taxes, so not sure why they need to see from wallet 1, all they see is bitcoins into my bank, what's the big deal there?

now the casino comment was very interesting, i need to look into that more.  so after 1 mixer, then deposit into casino, and then withdraw

There are several options... bitcerto had a pretty good option to:
1) get bitcoins on a wallet you only access over Tor
2) create an account on exchange A while using Tor, deposit your coins and buy DASH/Darkcoin/... (about any coin with the cryptonight protocol)
3) open an account on exchange B while using a good VPN service, create a DASH/Darkcoin/... receiving address
4) withdraw your DASH from exhance A to the receiving address created on exchange B while on tor
5) exchange the DASH to BTC on exchange B while on VPN
6) if you're paranoid, go trough a mixing service 1 time (use a reputable service, don't deposit all your coins at once). while going to the mixing service, use your VPN, while opening the receiving wallet, use your normal connection

I think this is almost untracable...

The fact is that there are several anonymous coins, several mixing services, and big casinos and exchanges that use one big hotwallet... Next to this, there is Tor, regular proxy servers and VPN's to hide your identity.
In reality, i can write dozens of scenario's that can generate almost 100% anonymous coins. Just use the right ingredients, and you end up with pretty good security

[bitcerto]

Surly the whole point of mixers are to work 1st time so i doubt you would need to use 3 differaent mixers which will cut down the risk you are exposing yourself too.  

ANd how do you know that the mixers dont log the transactions? Because they write on their websites? :-)

so regarding this point, that's exactly why I would want 3, because to find me, all 3 would have would to divulge which is unlikely if these companies don't want bad press on the street.  If I used 1 mixer, then you are right, if they caved under pressure, then I'm screwed.


Now regarding the IP thing, I would use TOR but also access the internet when using the bitcoin stuff in public areas with wifi so can't be traced to my IP at home

Regarding the comment on bank account, now that I don't know. I'll ask my bank about that, but this isn't about paying taxes for me, I'm paying taxes, so not sure why they need to see from wallet 1, all they see is bitcoins into my bank, what's the big deal there?

now the casino comment was very interesting, i need to look into that more.  so after 1 mixer, then deposit into casino, and then withdraw

There are several options... bitcerto had a pretty good option to:
1) get bitcoins on a wallet you only access over Tor
2) create an account on exchange A while using Tor, deposit your coins and buy DASH/Darkcoin/... (about any coin with the cryptonight protocol)
3) open an account on exchange B while using a good VPN service, create a DASH/Darkcoin/... receiving address
4) withdraw your DASH from exhance A to the receiving address created on exchange B while on tor
5) exchange the DASH to BTC on exchange B while on VPN
6) if you're paranoid, go trough a mixing service 1 time (use a reputable service, don't deposit all your coins at once). while going to the mixing service, use your VPN, while opening the receiving wallet, use your normal connection

I think this is almost untracable...

The fact is that there are several anonymous coins, several mixing services, and big casinos and exchanges that use one big hotwallet... Next to this, there is Tor, regular proxy servers and VPN's to hide your identity.
In reality, i can write dozens of scenario's that can generate almost 100% anonymous coins. Just use the right ingredients, and you end up with pretty good security

Now that's a plan! Only trace I can think of would be outside of the crypto world, the connection to the VPN and Tor itself. And that's pretty much inaccessible.

[Sharma]

Now that's a plan! Only trace I can think of would be outside of the crypto world, the connection to the VPN and Tor itself. And that's pretty much inaccessible.

Even then, i don't think there's a single point of failure... If Tor was to be compromised (unlikely), the second part of the routine would still protect your identity. If the VPN service was under governement controll, the first part would hide you... DASH is almost completely anonymous when using correct mixin value, most mixing services are not even known to the authorities, so there's no door to knock on,...

Also, using big exchanges for a short time seems more reliable than using 3 mixing services... Offcourse, mixing service, exchange and VPN provider have to be looked into before using them (just making sure there are no unsolved scam accusations against them, and their volume is OK)

[gvuandrew]

great advice!!!

which 2 exchange services would you recommend and which mixer? who has the best names on the street without bad pr?

[thejaytiesto]

I don't really what you pretend to do with this. Do you want to avoid taxes? Is the origin of your Bitcoin ilegal? In this case I will not help you to do something that's basically a crime, I will just say for knowledge's sake, that no matter how many times you mix your Bitcoin, what's the point if when you cash you sell it for fiat and this fiat shows up in your bank account? The bank is going to ask you where all that money came from, so what will you say then? No matter how many times you mixed your coins, you'll have to prove where the money came from (I don't think they will care if it's a small amount, but as soon as a the amount you sell is high enough to raise some alarms they will ask...).
So what im saying is there is no escape from government as long as you convert to fiat in a bank, you will have to explain where the fiat came from.

[Sharma]

I don't really what you pretend to do with this. Do you want to avoid taxes? Is the origin of your Bitcoin ilegal? In this case I will not help you to do something that's basically a crime, I will just say for knowledge's sake, that no matter how many times you mix your Bitcoin, what's the point if when you cash you sell it for fiat and this fiat shows up in your bank account? The bank is going to ask you where all that money came from, so what will you say then? No matter how many times you mixed your coins, you'll have to prove where the money came from (I don't think they will care if it's a small amount, but as soon as a the amount you sell is high enough to raise some alarms they will ask...).
So what im saying is there is no escape from government as long as you convert to fiat in a bank, you will have to explain where the fiat came from.

I do agree with this 100%, but personally, i'm also a little bit of a privacy-freak. This is why i don't mind helping the OP, since i have no indication he's trying to do anything illegal/immoral.
My coins are not obtained in an illegal way, but if the exchange fees/mixing fees/VPN prices weren't this high, i would certainly "clean" my coins to lose most of the traces back to me... Not because it's illegal to have coins in my country, or because they came from an illegal enterprise, but just because i think it's nice to have some privacy.

great advice!!!

which 2 exchange services would you recommend and which mixer? who has the best names on the street without bad pr?

Well... There are a couple good* exchanges: poloniex, bittrex, bluetrade, spectrocoin, yobit,...
When it comes to mixing, at the moment, i can only think about bitmixer.io

*I haven't checked any recent threads about these services, so use them at your own risk

[Kprawn]

I think you going a bit of overkill with this... are you sure you paying taxes on your money? How are you going to explain it to the tax man, if you hiding it's origin? Just keep in mind, all three of these

mixer services will be charging a fee for their services and you might end up with a lot less coins than you bargained on. Like you said, no strategy is 100% guaranteed and nobody knows if some of

these mixer services are simply honey traps. I have had no problems with the mixer service in my signature, if you want to add it to your list and I have been following their track record and it's been

good so far.