[ANN] ChipMixer.com - Bitcoin mixer / Bitcoin tumbler - mixing reinvented

[TryNinja]

'm having a little bit difficulty to memorize the name of the site chipmixerwzxwtypxszw?
Is that some kind of code or just random letters added to make this look cool?

Well, that's the Tor link so it's supposed to be like that. If you want a easy url to access in the clearnet with your chrome you can use chipmixer.com

[ChipMixer]

Interesting concept here. Let me confirm I have this right: so what you offer that's different is that instead of getting the mixed coins instantly/soon after, you're able to wait it out and take them when you want, and/or just give the private keys away or whatever?

You receive private keys to your chips instantly. You can use them immediatly or you can wait any amount of time you want. More options = more privacy.

Everything has it's place and actually fits perfectly, I'm having a little bit difficulty to memorize the name of the site chipmixerwzxwtypxszw?
Is that some kind of code or just random letters added to make this look cool?

This is an address of an onion service. All onion urls looks random unless you have as many servers as facebook. We don't.
If you have short memory, use clearnet link: https://chipmixer.com

What happens if I wanted to send 100 transactions containing 1BTC each and want a single transaction containing 100BTC?

Not sure what you mean. When you deposit BTC at ChipMixer, you receive pre-funded private keys. You can do any transaction you want with them.

[betlord90]

I have been using mixer service for months now since our exchange platform had an issue with casino gambling sites and this is the first time I read ChipMixer procedure and I was amazed  on the process of mixing coins.  This is actually a brilliant idea.

that's what also attract my attention with the unique way of mixing the transaction will be much better, as i do also have issue with
casino site going to my btc wallet i need this service to stay safe and my hard earned btc will be send to my wallet to exchange with fiat.

Well if you wallet has a restriction against gambling funds well totally you gonna need this service so that your balance transfered will became more anonymous, Just like our wallet provider here in phils. They're totally deactivating some wallet accounts if they found out that the user is engage on gambling since nor doing some suspicious activity by using their wallet.

[Rockie1234]

Interesting concept here. Let me confirm I have this right: so what you offer that's different is that instead of getting the mixed coins instantly/soon after, you're able to wait it out and take them when you want, and/or just give the private keys away or whatever?

You receive private keys to your chips instantly. You can use them immediatly or you can wait any amount of time you want. More options = more privacy.

Everything has it's place and actually fits perfectly, I'm having a little bit difficulty to memorize the name of the site chipmixerwzxwtypxszw?
Is that some kind of code or just random letters added to make this look cool?

This is an address of an onion service. All onion urls looks random unless you have as many servers as facebook. We don't.
If you have short memory, use clearnet link: https://chipmixer.com

What happens if I wanted to send 100 transactions containing 1BTC each and want a single transaction containing 100BTC?

Not sure what you mean. When you deposit BTC at ChipMixer, you receive pre-funded private keys. You can do any transaction you want with them.

Out of curiosity, how do you have such a large number of private keys? if you did that manually that would take insane amounts of time. Do you have a script to continuously generate wallets?
Also, could you answer my question about whether this method of mixing leaves any traces at all?

[btcton]

Interesting concept here. Let me confirm I have this right: so what you offer that's different is that instead of getting the mixed coins instantly/soon after, you're able to wait it out and take them when you want, and/or just give the private keys away or whatever?

You receive private keys to your chips instantly. You can use them immediatly or you can wait any amount of time you want. More options = more privacy.

Everything has it's place and actually fits perfectly, I'm having a little bit difficulty to memorize the name of the site chipmixerwzxwtypxszw?
Is that some kind of code or just random letters added to make this look cool?

This is an address of an onion service. All onion urls looks random unless you have as many servers as facebook. We don't.
If you have short memory, use clearnet link: https://chipmixer.com

What happens if I wanted to send 100 transactions containing 1BTC each and want a single transaction containing 100BTC?

Not sure what you mean. When you deposit BTC at ChipMixer, you receive pre-funded private keys. You can do any transaction you want with them.

Out of curiosity, how do you have such a large number of private keys? if you did that manually that would take insane amounts of time. Do you have a script to continuously generate wallets?
Also, could you answer my question about whether this method of mixing leaves any traces at all?

Given how easy it is to do and the fact that ChipMixer seems to know what they are doing, I believe it is safe to say that most everything is automated. In fact, they probably generate these addresses continually to optimize given their current demand in order to spend the least amount of bitcoin in transaction fees and such. This is all coming from an outside perspective, though; I could be completely wrong.

[ranlo]

Interesting concept here. Let me confirm I have this right: so what you offer that's different is that instead of getting the mixed coins instantly/soon after, you're able to wait it out and take them when you want, and/or just give the private keys away or whatever?

Yep, looks like it.  Here's what it says on their Tor mirror:

You see list of three private keys. Each marked with its size (0.032) and public key. There is no on-chain connection between them and funds you deposited.

You import them into your wallet Electrum wallet and they are ready to be spent.

So it offers a new kind of flexibility - you can get the private keys of your funds, and you can split your funds into different "chips" so that you could withdraw in any amounts and however you want.

Looks very promising considering all the debate about how useful tumbling actually is.

Yeah, I like the concept behind it. People will try to villainize it, of course, and claim you only want to hide transactions because you're doing something illegal, but there's just no reason why everyone should know your private business, legal or not.

[BitMaxz]

This is still a beta test?  base on the site the button before to proceed to mix or split balance is "try it".
I'm confused how this works its not the same as other mixer that you have an option to choose how much fee you want before you send the mixed bitcoin.

And let me know about alpha test if its still available.. ?

[ranlo]

This is still a beta test?  base on the site the button before to proceed to mix or split balance is "try it".
I'm confused how this works its not the same as other mixer that you have an option to choose how much fee you want before you send the mixed bitcoin.

And let me know about alpha test if its still available.. ?

Because you're getting the private keys to the BTC, the fee is entirely up to you. Rather than sending coin from A->mixer->B, you're sending A->mixer->A(pkey) to do with as you please. You can, for example, import the pkeys to any client, give them away, etc. Full control.

[Kakmakr]

I just want to play a little Devils Advocate here and question your donation payment option. Is this not one of those cases where you are pulled into a services with little or no fees and once you are hooked <you like the service> then they change the business model to a new higher fee structure. < Basically what Circle did to build their user base with Bitcoin users >

If I am wrong, I apologize in advance. ^smile^ < Classic Bait and Switch model >

[ChipMixer]

This is still a beta test?
And let me know about alpha test if its still available.. ?

Alpha test is over and thread is closed: https://bitcointalk.org/index.php?topic=1923170.0

I'm confused how this works its not the same as other mixer that you have an option to choose how much fee you want before you send the mixed bitcoin.

There is no obligatory fee. You pay as much as you want by donating chips you receive after depositing.

I just want to play a little Devils Advocate here and question your donation payment option. Is this not one of those cases where you are pulled into a services with little or no fees and once you are hooked <you like the service> then they change the business model to a new higher fee structure. < Basically what Circle did to build their user base with Bitcoin users >

We are giving an option now - try it for free and if you like it, pay what you think it is worth.
We are not denying that if this business model is wrong, we will change it. Would it be better to just close the service that everybody uses and likes, but not enough to pay for it?

[Iranus]

I just want to play a little Devils Advocate here and question your donation payment option. Is this not one of those cases where you are pulled into a services with little or no fees and once you are hooked <you like the service> then they change the business model to a new higher fee structure. < Basically what Circle did to build their user base with Bitcoin users >

We are giving an option now - try it for free and if you like it, pay what you think it is worth.
We are not denying that if this business model is wrong, we will change it. Would it be better to just close the service that everybody uses and likes, but not enough to pay for it?

IMO it's basically impossible for Chipmixer to set really high fees anyway.

Bitmixer only has fees of 0.5%, and some other trusted mixers have even lower fees than that.  Considering the sort of volume that the biggest and most trusted mixers tend to get, it really doesn't have to be a lot of the mixed coins as a percentage.

If Chipmixer, as a newer mixer, started setting high fees then they just wouldn't have many users.  And the amount of donations they'll get in the early stages (before they reach that trusted point) will probably be just as much as the low fees that they would have to set.

Especially considering the gambling feature.

[Amadues]

I want to share my experience about ChipMixer service as alpha tester.

1. Is idea easy to understand? Hard? Impossible?

Yes,idea is brilliant! Nothing hard if you have basic knowledge about how crypto world works. Everything is simple and smooth. You just only need to dig around site and you will get whatever you want.There are good tips about site and mixing.

2. Are steps easy to understand?

You made every single step very easy,user just need to read and he/she can start to use service. Starting from deposit page to "destroy session" all steps are easy and comfortable for any noob friendly user.

3. Is splitting/merging chips fun?

I really enjoyed from merging/splitting my own funds. We all know that, nowadays big guys can trace bitcoin addresses.But wait there was ChipMixer.  
It  helps you to split your funds and send to different addresses.

4. What do you think about withdrawing private keys?

Without pivate key you dont have control over your bitcoins. I taked my private keys after splitting bitcoins and everything is perfect! User can export his private keys to electrum or just import that keys to any wallet.

5. Which method of withdrawal do you prefer? Why?

I always perefer sweep method with private keys. I send my splitted bitcoins to other bitcoin address. But sometimes i export to electrum wallet for better safety. Bitcoin users need privacy and you are best one compared to other mixers.

6. What do you think about user interface?

Interface is ok,every single step is easy,understandable and whole process is instant,smooth. I have some experience regarding to other mixers, i used their service also. But none of them is easy like this one. I enjoyed,keep good work, i hope all the best to  you and your team!

Long live ChipMixer  

[ChipMixer]

If Chipmixer, as a newer mixer, started setting high fees then they just wouldn't have many users.  And the amount of donations they'll get in the early stages (before they reach that trusted point) will probably be just as much as the low fees that they would have to set.

Depends how high fee. I believe that fee is not very important part of mixer, especially ChipMixer.

Trust is very important (and as new mixer we don't have much of that).
Privacy is very important and that's what makes us special. Our process is less predictable for blockchain analysis.
Speed is important and we are faster than other mixers (only one transaction needs to be confirmed and I don't know any mixer that takes unconfirmed transactions).
But fee? Yes, it's donation-based, it's not that important.

[hulla]

Welcome on board ChipMixer and it nice to have guys on here. But there something I don't really understand concerning the function of the ChipMixer and I want to know if I'm correct or not. Does ChipMixer work as a means to make bitcoin transaction invisible?
Thank you

[ChipMixer]

Does ChipMixer work as a means to make bitcoin transaction invisible?

Every transaction is visible on blockchain. ChipMixer innovation is about changing ownership not on blockchain, which makes it invisible.

Typical mixing process takes at least two transactions - deposit and withdrawal:
1 - now - your deposit of funds
2 - up to 24 hours - your withdrawal of funds

ChipMixer is different:
1 - few days/weeks ago - other user's deposit is split into chips, funding private keys
2 - now - your deposit of funds

Because ChipMixer funds private keys long before your visit, they cannot be linked with your transaction.

[digaran]

There are some major flaws in this service:
How can I make sure after receiving the keys and if I wanted to store them for a very long time, how to make sure that you will not some day sweep the private keys and take my coins?

What if I wanted to send some coins from several addresses and then send their balances to one address which I don't own or control, should I simply send private keys to the buyer of my coins while he gave me an address and I have no means of communicating to let him know and even if I did then he wouldn't put his trust in me knowing I have the private keys.

[Amadues]

Welcome on board ChipMixer and it nice to have guys on here. But there something I don't really understand concerning the function of the ChipMixer and I want to know if I'm correct or not. Does ChipMixer work as a means to make bitcoin transaction invisible?
Thank you

If you want to keep your anonymity with being untraceable you need to use ChipMixer service.
I guess you already know about bitcoin transaction tracking.Somebody who knows one of your recently used bitcoin address can track and check your transactions.

For example:

I send you BTC from address  X to address Y.

Blockchain  shows output from my btc address (X) and input to your btc address (Y)

When using mixer service you send your coins to mixing pool (Z= X+nX+....+Y+nY)

"ChipMixer uses fixed amount "chips" of Bitcoin, that are funded before your deposit even arrives to process your withdraws, and lets you withdraw a private key, letting you pick the delay of time before you get the funds."  You  will got new fresh mixed chips: nXY

Now you have new address with private key which doesnt have any relation to "old" btc address.

[digaran]

Welcome on board ChipMixer and it nice to have guys on here. But there something I don't really understand concerning the function of the ChipMixer and I want to know if I'm correct or not. Does ChipMixer work as a means to make bitcoin transaction invisible?
Thank you

If you want to keep your anonymity with being untraceable you need to use ChipMixer service.
I guess you already know about bitcoin transaction tracking.Somebody who knows one of your recently used bitcoin address can track and check your transactions. For example:

I send you BTC from address  X to address Y.
Blockchain  shows output from my btc address (X) and input to your btc address (Y)
When using mixer service you send your coins to mixing pool (Z= X+nX+....+Y+nY)
"ChipMixer uses fixed amount "chips" of Bitcoin, that are funded before your deposit even arrives to process your withdraws, and lets you withdraw a private key, letting you pick the delay of time before you get the funds."  You  will got new fresh mixed chips: nXY
Now you have new address with private key which doesnt have any relation to "old" btc address.

I know you are wearing their signature but shouldn't you address the concern which I raised?
I know that I'm wearing the signature of a competitor, that is actually the only reason I'm here in the first place.
Destroying this business and promote my own is my job as it is the rule of the market/business.
They didn't include what I'm doing as a must in their campaign but since I'm getting paid hundreds of dollars every month if I let this slide then I might not be getting payments at all, so this isn't personal but rather business just being practical.

[ChipMixer]

There are some major flaws in this service:
How can I make sure after receiving the keys and if I wanted to store them for a very long time, how to make sure that you will not some day sweep the private keys and take my coins?

Keeping bitcoins on ChipMixer is like keeping bitcoins on exchange. If you trust exchange, you can do that, but it is not an intended cold storage solution.
While some exchanges may be more trusted by the community (they are older, backed by public companies), it doesn't protect them from stealing their users coins (MtGox, Bitfinex), losing wallet (MtGox) or suspending your withdrawals till you KYC.
When ChipMixer gives you your private key, you can spend it any time you want. ChipMixer cannot steal from you without you knowing. ChipMixer cannot run fractional reserves by giving same private key to multiple users without risking that one of them spends it, ruining mixer's reputation. It's still about trust, but your funds are a bit safer when you have the private key.

What if I wanted to send some coins from several addresses and then send their balances to one address which I don't own or control, should I simply send private keys to the buyer of my coins while he gave me an address and I have no means of communicating to let him know and even if I did then he wouldn't put his trust in me knowing I have the private keys.

ChipMixer gives private keys instead of sending them to solve privacy / blockchain analysis problem. We are not against normal transactions.

Destroying this business and promote my own is my job as it is the rule of the market/business.

Wow... Even I cannot say that my job is to destroy BitMixer. They did good job for the community for years, but they stopped innovating long time ago. I couldn't honestly say that bitcoin would be better without them.

Their strong points: trust and dedicated users (like you)
Our strong points: better privacy, faster, innovation

[Nagadota]

There are some major flaws in this service:
How can I make sure after receiving the keys and if I wanted to store them for a very long time, how to make sure that you will not some day sweep the private keys and take my coins?

Are you aware of the concept of "onchain transactions"?

You don't have to keep your coins in the wallet they give you afterwards.  That would be stupid.  Any mixer could steal your funds when you give them to the mixer, but there's no higher risk involved in receiving a wallet to receiving a transaction.