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

[btcton]

ChipMixer, have you considered adding a warrant canary?
It would be good to have a "defense" against this type of thing, so your users can know if something happens.

After FBI operating child pornography website and darknet market Hansa for weeks, do you still believe warrant canaries? They do not play by the rules anymore.

Since you've mentioned about darknet and FBI, makes me wonder in which country was Chip Mixer established?
There are some exchanges that avoid US regulations about high taxes and decided to move out of the state, and there maybe there are some countries that have less strict rules.
I do not recommend to move the Chipmixer base, but as long as we do such fair business without illegal activities such as money laundering, then it should be fine.

The thing with anonymous mixers such as the late BitMixer and the current ChipMixer is that there is absolutely no way to tell if money is being laundered. The blockchain could be analyzed to find similar inputs or outputs that could relate back to money laundering, but nothing is really certain. The way ChipMixer works at least basically makes analyzing the transactions for relations impossible, which means that identifying this is practically impossible. In turn, this makes governments not like it since illegal activity *could* be happening but there is no way to prove it. Because of this, regulations may be created to limit mixing activity or classify it itself as flat out money laundering itself. So as you see it's not only about there existing illegal activity, but also the potential for it.

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[aesma]

What could be a reason for using a mixer if everything is legit? Just curious

There are plenty of legal reasons to hide your wealth. First of all what you must tell the taxman is between you and the taxman, not public information (except in a couple of countries where you can know everything about every citizen).

[mocacinno]

What could be a reason for using a mixer if everything is legit? Just curious

The most obvious reason for me is because i don't want anybody to know how much BTC i own exactly. Most people keep their private keys on a desktop, a hardware wallet or a paper wallet, but they still keep everything in their home.
If somebody would know you helt the private keys of addresses loaded with 100's of BTC in your home, they might get tempted to rob you...

[Rahar02]

Since you've mentioned about darknet and FBI, makes me wonder in which country was Chip Mixer established?
There are some exchanges that avoid US regulations about high taxes and decided to move out of the state, and there maybe there are some countries that have less strict rules.
I do not recommend to move the Chipmixer base, but as long as we do such fair business without illegal activities such as money laundering, then it should be fine.

The thing with anonymous mixers such as the late BitMixer and the current ChipMixer is that there is absolutely no way to tell if money is being laundered. The blockchain could be analyzed to find similar inputs or outputs that could relate back to money laundering, but nothing is really certain. The way ChipMixer works at least basically makes analyzing the transactions for relations impossible, which means that identifying this is practically impossible. In turn, this makes governments not like it since illegal activity *could* be happening but there is no way to prove it. Because of this, regulations may be created to limit mixing activity or classify it itself as flat out money laundering itself. So as you see it's not only about there existing illegal activity, but also the potential for it.

You're right, bitcoin couldn't be traced after mixed, and that's why Government could push another mixer to shut down, maybe.
There's no way to track down money laundering if they use bitcoin and cash to transact without using exchanges and bank services.

[BTCforJoe]

What could be a reason for using a mixer if everything is legit? Just curious

That's like asking what's the point of keeping your cash hidden in your wallet in your pocket instead of wearing it in a clear bag around your neck... if people know you have a large amount of cash, or are worth a bit, you become a target and potentially put yourself at risk for displaying your net worth. You don't want the world knowing how much you have on your person or in your bank account, so I'm sure you don't publish your bank account balance publicly.

Because of the nature of cryptocurrency and their open ledger process, mixers are a great way to provide privacy from potential hackers and scammers from making you a target by being able to see your balance or how much crypto you move. There's nothing illegal about wanting privacy.

I think a lot of people fail to realize that good ol' cash is still used on a daily basis for more illegal purposes than Bitcoin is.

Mixers don't promote illegal activities. They promote privacy. Nothing wrong with that!

[harizen]

..but as long as we do such fair business without illegal activities such as money laundering, then it should be fine.

Mixers don't promote illegal activities. They promote privacy. Nothing wrong with that!

It can't be avoided that's why you can't blamed authorities if they found mixing service as illegal. Mixing coins is considered as great tool for those institutions who wants to do illegal activities. It can't also be regulated since it's hard to track for a mixing company that the coins involved are being used to illegal activities.

Want to see Chipmixer's stand for their long term goals as this statement of Bitmixer really stick to my mind; "I hope our competitors will hear our message and will close their services too."

[BitHodler]

What could be a reason for using a mixer if everything is legit? Just curious

The most obvious reason for me is because i don't want anybody to know how much BTC i own exactly. Most people keep their private keys on a desktop, a hardware wallet or a paper wallet, but they still keep everything in their home.
If somebody would know you helt the private keys of addresses loaded with 100's of BTC in your home, they might get tempted to rob you...

Also don't forget that at the time you withdraw funds from an exchange, it is linked to all of your personal information. People quite often don't realize that, but it's the hard reality.

The exchange in question from there can follow everything you do, where you're spending your coins, what other exchanges you are connected to, and the list goes on.

What's even more worrying, is that governments can do that too if an exchange gets forced to hand over every detail of their customers. Mixers help people with maintaining at least some form of privacy.

[iamTom123]

Big time for Chipmixer is coming!
After closing Bitmixer you can now bite a really big piece of cake!
It looks like Christmas in this year you will be celebrating in the summer! 

wow wow wow! You are not kidding. I have just read through the bitmixer thread and they indeed have closed down.

Looks like the country they operated in put some pressure on them or something.

Chipmixer is a better service than bitmixer anyways, but this will certainly help chipmixer grow even larger now!

I guess if I were in the same industry or business and one of my strong competitor is closing business for no apparent reason then I should really be concerned as the same gun used can also be utilized against me...though we should wish it would never happen otherwise all of us here can be affected. But after the dust can be settled, hopefully there would be some uptick in the business volume of ChipMixer.

[DaMut]

..but as long as we do such fair business without illegal activities such as money laundering, then it should be fine.

Mixers don't promote illegal activities. They promote privacy. Nothing wrong with that!

It can't be avoided that's why you can't blamed authorities if they found mixing service as illegal. Mixing coins is considered as great tool for those institutions who wants to do illegal activities. It can't also be regulated since it's hard to track for a mixing company that the coins involved are being used to illegal activities.

Want to see Chipmixer's stand for their long term goals as this statement of Bitmixer really stick to my mind; "I hope our competitors will hear our message and will close their services too."

the reason their closing their services because of Btc-e and Alexander Vinnik,
they use Bitmixer service to send most of their stolen Btc,and because of that they can track how much and who's the sender
(maybe ?)
found it in HERE
well no matter what is true,the problem seems like in global goverment.
they're trying to track every 'big' transaction and they want to implement the 'taxes' system

[ChipMixer]

Since you've mentioned about darknet and FBI, makes me wonder in which country was Chip Mixer established?

ChipMixer is not established in any country. As btce arrest show - if US wants to close you down they dont care where you are or what law protection you have.

The thing with anonymous mixers such as the late BitMixer and the current ChipMixer is that there is absolutely no way to tell if money is being laundered.

ChipMixer does not "launder money". ChipMixer transforms bitcoin transactions into fungible, same size chips breaking transaction history. ChipMixer privacy protection is like an encryption. You do not need to do anything illegal to want privacy. Do you believe when government says that "only terrorists use encryption"? It is the same with "only criminals use mixers".

Money laundering is loosely defined crime against government. They want to know how much you earn and what you do. If you hide it, you are a criminal. For example if you are an American citizen and you live and work for 20 years in Thailand you have to report to Uncle Sam your thailand earnings (and pay your income tax for US). Government owns you and a share of whatever you earn. Is this slavery illegal? No, money laundering is.

[HabBear]

Since you've mentioned about darknet and FBI, makes me wonder in which country was Chip Mixer established?

ChipMixer is not established in any country. As btce arrest show - if US wants to close you down they dont care where you are or what law protection you have.

Let's be real, the only reason Vinnick was pursued by the US is because he's Russian and accused to be a cyber criminal (not really bullshit on the accusation, but I believe in innocence until proven guilty).

That said, the US has brought down DPR and Burt W. and both have had questionable charges placed against them.

What do you do? You reside off shore, you keep your connection to your customers at a strictly business level, and you protect yourself from any entity that would have the power to force you out if they see you as a threat.

[audaciousbeing]

Since you've mentioned about darknet and FBI, makes me wonder in which country was Chip Mixer established?

ChipMixer is not established in any country. As btce arrest show - if US wants to close you down they dont care where you are or what law protection you have.

Let's be real, the only reason Vinnick was pursued by the US is because he's Russian and accused to be a cyber criminal (not really bullshit on the accusation, but I believe in innocence until proven guilty).

That said, the US has brought down DPR and Burt W. and both have had questionable charges placed against them.

What do you do? You reside off shore, you keep your connection to your customers at a strictly business level, and you protect yourself from any entity that would have the power to force you out if they see you as a threat.

In as much as everyone wants to believe that Bitmixer closed down because of government pressure,  but he has even come out to say the reason  he is closing down which is due to morality from what I could pick from his statement and I personally feel the market is so large enough that when one close down,  another is coming up again. In the case of Chipmixer, since this is now seen as the next alternative, I say brace for impact because winter is coming...

[BTCforJoe]

..but as long as we do such fair business without illegal activities such as money laundering, then it should be fine.

Mixers don't promote illegal activities. They promote privacy. Nothing wrong with that!

It can't be avoided that's why you can't blamed authorities if they found mixing service as illegal. Mixing coins is considered as great tool for those institutions who wants to do illegal activities. It can't also be regulated since it's hard to track for a mixing company that the coins involved are being used to illegal activities.

Want to see Chipmixer's stand for their long term goals as this statement of Bitmixer really stick to my mind; "I hope our competitors will hear our message and will close their services too."

the reason their closing their services because of Btc-e and Alexander Vinnik,
they use Bitmixer service to send most of their stolen Btc,and because of that they can track how much and who's the sender
(maybe ?)
found it in HERE
well no matter what is true,the problem seems like in global goverment.
they're trying to track every 'big' transaction and they want to implement the 'taxes' system

Fud.

There is no evidence of direct correlation between the address of Vinnick as belonging to BTC-e. There is also no direct evidence that a mixer was used to "launder" coins. All the articles are speculative, and to state this as the reason why bitmixer shut down is just irresponsible; it also contributes to unnecessary fud.

Like chipmixer said, because I want to encrypt my Bitcoin and my transactions doesn't make me a criminal. In fact, in my history of using Bitcoin, I've used several mixers, but never to contribute to anything illegal.

I will say this, though: for bitmixer to shut down, allegedly because of morality issues, seems fishy and ridiculous. There probably is something else that persuaded them to shut down, in my opinion, but kudos to chipmixer for undoubtedly positioning themselves at the right position of that announcement lol

[sana54210]

In as much as everyone wants to believe that Bitmixer closed down because of government pressure,  but he has even come out to say the reason  he is closing down which is due to morality from what I could pick from his statement and I personally feel the market is so large enough that when one close down,  another is coming up again. In the case of Chipmixer, since this is now seen as the next alternative, I say brace for impact because winter is coming...

Government pressure ? A company which supports its customers' anonymity cannot continue its operations anonymously ? So ironic. I must say, bitmixer had accepted the re-inventions brought  to us by chipmixer. A free and quicker way of mixing already started shaking up the total mixing industry. I am afraid that we may come across many other similar companies farewell too in coming day.

[ChipMixer]

Aug 1 / BIP148 is coming in 15 days. ChipMixer will closed a day before Aug 1 till situation get stable.

What does it mean for you?

If you have withdrawn chips (private keys) - you can spend them any time you want, even when ChipMixer is closed. If hardfork happen, your funds will be spendable on both forks.
If you have unspent voucher(s) - redeem them for private key before or wait till we reopen. Same if you need to mix some coins.

In case of doubt, redeem and sweep before Aug 1.

Does ChipMixer support BIP148/BIP149/Segwit/Segwitx2/others?

No. We focus on privacy and Segwit does not give us anything related to privacy. Hardfork means lack of stability and loss of Bitcoin value.

As informed 13 days ago, due to Aug 1 hardfork, ChipMixer will be closed from July 31 till situation get stable.

[HCP]

As informed 13 days ago, due to Aug 1 hardfork, ChipMixer will be closed from July 31 till situation get stable.

I'm glad I have the next 3 days off work so I can keep an eye on things... It sure is going to be an interesting couple of days


I honestly think that BCC is going to dump hard as everyone trades it out to try and make some extra BTC... I honestly don't see it surviving as viable cryptocurrency

[buwaytress]

As informed 13 days ago, due to Aug 1 hardfork, ChipMixer will be closed from July 31 till situation get stable.

I'm glad I have the next 3 days off work so I can keep an eye on things... It sure is going to be an interesting couple of days


I honestly think that BCC is going to dump hard as everyone trades it out to try and make some extra BTC... I honestly don't see it surviving as viable cryptocurrency

Speaking of, I wonder if ChipMixer is thinking of a mixing business for BCC? From a purely commercial aspect, all the mixers will have an almost equal amount of BCC as a base, no extra capital needed... although that probably needs some pre-mixing on its own. I imagine most will prefer to increase their base by selling off the alt.

[Xavofat]

In many cases, mixers are actually a way to protect yourself from criminals.

If you're spending and holding a reasonably high amount of BTC, thieves will certainly be very interested in your holdings.  At no point do you have to put all of your holdings through a mixer at once (this would require too much trust), but when you need to send a transaction or two, you can run it through ChipMixer and spend with your new Electrum wallet, so that no one can join the dots.

The risk of people who want to steal or potentially do anything else harmful is much larger than the small risk of a mixer messing up.

If you do want to commit illegal activity, mixers are not responsible.  Criminals will do their mixing P2P or through altcoins and other means.

[OmegaStarScream]

There is no how it works video? because I'm unable to make it work through the site and I can't find anything about it on YouTube, unless Its hosted somewhere else you might want to check that out.

[buwaytress]

There is no how it works video? because I'm unable to make it work through the site and I can't find anything about it on YouTube, unless Its hosted somewhere else you might want to check that out.

You're not sure what to do or you couldn't proceed? Where did you encounter the error? Site loads fine for me. It still gives a different session and address with different sessions, so seems to be in order.