ninass (OP)
Newbie
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Activity: 5
Merit: 0
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July 13, 2016, 04:15:30 PM |
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I beg to differ with you on that. Both of these services are suffering from having to adhere to strict KYC and AML regulations. They will turn you over to the authorities so quickly, it will make your head spin. OP, I have not had trouble with the company in my signature and I have been using them for years now. ^smile^ < Bitmixer.io >
I agree. Xapo and Coinbase are one of the worst companies in the Bitcoin sphere. I would avoid them at all costs, even if you don't have the intention to mix your coins. As far as I know, Bitmixer.io is a non-scam business - at least there are no real reports and the service is operating for years now. An alternative way to get rid of the government spying agencies is to buy / sell altcoins. Shapeshift.io might be a useful service in that regard. Of course, even better than using services of any company is doing p2p trades. While requiring more effort, this way you can get rid of any automatic logging and support the idea of decentralization as well. KYC and AML is a disease. These measures are totally ineffective to fight crime, their only purpose is to spy on the average citizen to be able to extort more dues and taxes in future. Any Bitcoin company that implements these measure should be boycotted. ya.ya.yo! Are you sure that bitmixer is serious? Read this: https://www.reddit.com/r/Bitcoin/comments/3yklrd/accidentally_sent_btc_to_bitmixer_donation/
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kryptqnick
Legendary
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Activity: 3080
Merit: 1384
Join the world-leading crypto sportsbook NOW!
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July 13, 2016, 06:35:05 PM |
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I think bitcoin mixer is a think for people who are to paranoic. I mean, I guess different websites you use to buy something with btc already use cryptomixing and there is no need to do it once again
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BitcoinNewsMagazine
Legendary
Offline
Activity: 1806
Merit: 1164
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July 14, 2016, 02:03:14 AM |
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1) Using a VPN connect to shapeshift.io and use bitcoin to buy Monero and store in your local Monero wallet 2) Again using a VPN connect to xmr.to and sell your Monero for bitcoin and send to a local bitcoin wallet.
Why Monero? It intrinsically has a higher degree of privacy than Bitcoin due to the Cryptonote protocol used. It will be impossible to link the bitcoin you received back from xmr.to with the bitcoin you sent to shapeshift.io
Good idea to use Monero, as it does have built-in stealth features. But be careful about relying too much on VPNs for anonymity. VPN's provide privacy but not anonymity. Whoever runs your VPN has direct access to your true IP address, and you can only take their word that they won't share that info with third parties. If I were using your method I would use tor instead of vpn, if shapeshift and xmr are tor-capable Both shapeshift.io and xmr.to work fine over Tor. You just have to whitelist the sites in Tor browser so they can execute scripts.
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pooya87
Legendary
Offline
Activity: 3444
Merit: 10521
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July 14, 2016, 05:37:06 AM |
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I beg to differ with you on that. Both of these services are suffering from having to adhere to strict KYC and AML regulations. They will turn you over to the authorities so quickly, it will make your head spin. OP, I have not had trouble with the company in my signature and I have been using them for years now. ^smile^ < Bitmixer.io >
I agree. Xapo and Coinbase are one of the worst companies in the Bitcoin sphere. I would avoid them at all costs, even if you don't have the intention to mix your coins. As far as I know, Bitmixer.io is a non-scam business - at least there are no real reports and the service is operating for years now. An alternative way to get rid of the government spying agencies is to buy / sell altcoins. Shapeshift.io might be a useful service in that regard. Of course, even better than using services of any company is doing p2p trades. While requiring more effort, this way you can get rid of any automatic logging and support the idea of decentralization as well. KYC and AML is a disease. These measures are totally ineffective to fight crime, their only purpose is to spy on the average citizen to be able to extort more dues and taxes in future. Any Bitcoin company that implements these measure should be boycotted. ya.ya.yo! i don't know about xapo because i have never checked them out but i find coinbase a very useful service for "newbies". although there has been some complains about their services recently but i think they are still one of the simplest ways for a new user to start using bitcoin to buy/sell/hold bitcoin all in one place.
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pandalion98
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July 14, 2016, 05:43:17 AM |
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1) Using a VPN connect to shapeshift.io and use bitcoin to buy Monero and store in your local Monero wallet 2) Again using a VPN connect to xmr.to and sell your Monero for bitcoin and send to a local bitcoin wallet.
Why Monero? It intrinsically has a higher degree of privacy than Bitcoin due to the Cryptonote protocol used. It will be impossible to link the bitcoin you received back from xmr.to with the bitcoin you sent to shapeshift.io
Good idea to use Monero, as it does have built-in stealth features. But be careful about relying too much on VPNs for anonymity. VPN's provide privacy but not anonymity. Whoever runs your VPN has direct access to your true IP address, and you can only take their word that they won't share that info with third parties. If I were using your method I would use tor instead of vpn, if shapeshift and xmr are tor-capable Both shapeshift.io and xmr.to work fine over Tor. You just have to whitelist the sites in Tor browser so they can execute scripts. I agree that shapeshift is a good way, but you have to make sure that their funds get used up to get rid of the chance of any "dirty" coins landing in your new address. Change into LTC, wait maybe a week or so so that their coins are already probably replaced, then change back to BTC. As time consuming and laborious as this sounds, it may work. If you don't like waiting, Bitmixer.io is legit.
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Kakmakr
Legendary
Offline
Activity: 3430
Merit: 1957
Leading Crypto Sports Betting & Casino Platform
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July 14, 2016, 06:01:17 AM |
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I beg to differ with you on that. Both of these services are suffering from having to adhere to strict KYC and AML regulations. They will turn you over to the authorities so quickly, it will make your head spin. OP, I have not had trouble with the company in my signature and I have been using them for years now. ^smile^ < Bitmixer.io >
I agree. Xapo and Coinbase are one of the worst companies in the Bitcoin sphere. I would avoid them at all costs, even if you don't have the intention to mix your coins. As far as I know, Bitmixer.io is a non-scam business - at least there are no real reports and the service is operating for years now. An alternative way to get rid of the government spying agencies is to buy / sell altcoins. Shapeshift.io might be a useful service in that regard. Of course, even better than using services of any company is doing p2p trades. While requiring more effort, this way you can get rid of any automatic logging and support the idea of decentralization as well. KYC and AML is a disease. These measures are totally ineffective to fight crime, their only purpose is to spy on the average citizen to be able to extort more dues and taxes in future. Any Bitcoin company that implements these measure should be boycotted. ya.ya.yo! i don't know about xapo because i have never checked them out but i find coinbase a very useful service for "newbies". although there has been some complains about their services recently but i think they are still one of the simplest ways for a new user to start using bitcoin to buy/sell/hold bitcoin all in one place. For a very long time Xapo was the default faucet payout system, until they decided to start to join the KYC and AML trend. This chased away a lot of people, because most people used these kind of services for the low fees and the multiple accounts for different faucets. So yes, Xapo is also not a Bitcoin friendly service, in regards to privacy.
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BitcoinNewsMagazine
Legendary
Offline
Activity: 1806
Merit: 1164
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July 14, 2016, 02:10:55 PM |
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1) Using a VPN connect to shapeshift.io and use bitcoin to buy Monero and store in your local Monero wallet 2) Again using a VPN connect to xmr.to and sell your Monero for bitcoin and send to a local bitcoin wallet.
Why Monero? It intrinsically has a higher degree of privacy than Bitcoin due to the Cryptonote protocol used. It will be impossible to link the bitcoin you received back from xmr.to with the bitcoin you sent to shapeshift.io
Good idea to use Monero, as it does have built-in stealth features. But be careful about relying too much on VPNs for anonymity. VPN's provide privacy but not anonymity. Whoever runs your VPN has direct access to your true IP address, and you can only take their word that they won't share that info with third parties. If I were using your method I would use tor instead of vpn, if shapeshift and xmr are tor-capable Both shapeshift.io and xmr.to work fine over Tor. You just have to whitelist the sites in Tor browser so they can execute scripts. I agree that shapeshift is a good way, but you have to make sure that their funds get used up to get rid of the chance of any "dirty" coins landing in your new address. Change into LTC, wait maybe a week or so so that their coins are already probably replaced, then change back to BTC. As time consuming and laborious as this sounds, it may work. If you don't like waiting, Bitmixer.io is legit. That is the reason to use Monero. No waiting needed. I do agree it is good practice to change bitcoin to Monero using shapeshift then back to bitcoin using xmr.to. The transaction trail is completely broken. You can always use the taint analysis tool at blockchain.info to check.
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