The lagest Bitcoin mixer is about to stop working

[Gyrsur]

Hi all!
Despite the huge profit we earn, we are closing our activity. Let me explain why.

I'm bitcoin enthusiast since 2011. When we started this service I was convinced that any Bitcoin user has a natural right to privacy. I was totally wrong. Now I grasped that Bitcoin is transparent non-anonymous system by design. Blockchain is a great open book. I believe that Bitcoin will have a great future without dark market transactions. You may use Dash or Zerocoin if you want to buy some weed. Not Bitcoin.

I hope our decision will help to make Bitcoin ecosystem more clean and transparent. I hope our competitors will hear our message and will close their services too. Very soon this kind of activity will be considered as illegal in most of countries.

Cheers,
Bitmixer.IO

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[|Bitkoin|]

Can't believe largest bitcoin mixer with great trust about to be closed even though i never use this service. I'm sure bitcoiner will have harder time to find bitcoin mixer which is trustable or they have move to altcoin which promise better anonymity.
But, i agree better quit/close service before government track and arrest/seize bitmixer.

This news is actually super shocking. It seems like it came out of the blue.

[Casy]

Hi all!
Despite the huge profit we earn, we are closing our activity. Let me explain why.

I'm bitcoin enthusiast since 2011. When we started this service I was convinced that any Bitcoin user has a natural right to privacy. I was totally wrong. Now I grasped that Bitcoin is transparent non-anonymous system by design. Blockchain is a great open book. I believe that Bitcoin will have a great future without dark market transactions. You may use Dash or Zerocoin if you want to buy some weed. Not Bitcoin.

I hope our decision will help to make Bitcoin ecosystem more clean and transparent. I hope our competitors will hear our message and will close their services too. Very soon this kind of activity will be considered as illegal in most of countries.

Cheers,
Bitmixer.IO

Ok. For me, it's hard to understand such a decision.
I personally continue believing in the possibility of privacy within the bitcoin payment system.

Especially today, where everyone becomes increasingly transparent, we should all work together to keep and defend our privacy more then ever.
There's an increasing number of people wanting to transfer bitcoins legally, without everyone being able to trace back their individual and private transactions.

That's why I think we continue to need bitcoin mixers. They are the essential mean that everyone can take easily to defend and keep up his privacy.

We should work together to keep bitcoin a payment system that works non-centralized and gives us the privacy standards we need. And that has enough services providing individual privacy, such that it stays attractive to everyone and gets even more adoption worldwide.

Since I started joining the bitcoin community, there arose many business, also local ones in my neighborhood that accept bitcoins as a mean of payments. They introduced bitcoin payments, because the decision makers rely on and believe in the many advantages that bitcoin offers.

Let's keep the advantages and the legal use up and encourage developers to create even more stunning apps and tools that make the use of bitcoin easy and secure and let's show the world what a great system bitcoin is!



For alternatives, check out my signature below.

[c789]

Some people who use BTC mixing do so to remain private. Of them, some face serious consequences if their transactions are not truly private: jail or even death. Real privacy matters. So that's why I'm posting this.

Bitcoin mixing is a bad choice if you want to remain private.

The bitmixer.io founder said "...Bitcoin is transparent non-anonymous system by design. Blockchain is a great open book..."

I believe the reason he put "by design" in bold print is that he was drawing attention to Bitcoin as a public ledger system. That's implied by his next sentence. All transactions are public, even those of mixers. A mixer highly obfuscates outputs but doesn't erase them. It can't because it's all based on a public ledger.

That obfuscation is getting easier to track as technology progresses:

https://news.bitcoin.com/law-enforcement-continues-invest-bitcoin-tracking-services/

http://time.com/3689359/bitcoins-track-anonymous/

https://www.elliptic.co/law-enforcement/


In fact, the Feds tracked Bitcoin transactions as part of their closing AlphaBay:

Federal agents obtained the warrants after tracing a number of Bitcoin transactions originating with AlphaBay to digital currency accounts, and ultimately bank accounts and other tangible assets, held by CAZES and his wife." (p. 17, lines 24-26)

https://assets.documentcloud.org/documents/3898109/AlphaBay-Cazes-Forfeiture-Complaint.pdf

Keep in mind that not only are all transactions on a public ledger, they're permanently there. So, let's say you want to gamble your privacy by mixing and think your BTC can't be traced today. But 5 years from now, when tracing technology/blockchain analysis is much more advanced than it already is, your mixed transaction could be "unmixed" by blockchain analysis and linked to you.

I'm a fan of BTC, but mixing is a really bad choice if you're trying to be private, whether it's bitmixer.io, sir-mix-a-lot's BTC mixing, or whatever. The OP has admitted this.

Just remember two words: public ledger.

[European Central Bank]

Keep in mind that not only are all transactions on a public ledger, they're permanently there. So, let's say you want to gamble your privacy by mixing and think your BTC can't be traced today. But 5 years from now, when tracing technology/blockchain analysis is much more advanced than it already is, your mixed transaction could be "unmixed" by blockchain analysis and linked to you.

I'm a fan of BTC, but mixing is a really bad choice if you're trying to be private, whether it's bitmixer.io, sir-mix-a-lot's BTC mixing, or whatever. The OP has admitted this.

Just remember two words: public ledger.

this is a very good point. the chances are most people who want to be private are dead meat already and they don't know it. every exchange or payment processor or forum might have left enough of a clue for someone in the future to unearth. nothing on the internet goes away.

[forzendiablo]

this is crazy why are you guys stopping, this is not illegal.. just change the ways you operate ie move between altcoins with anonimity like EXCL XMR DASH and move back to BTC

[MasterMined710]

I have not read this whole thread but i'm guessing the trolls have come out of their mountain cave to spread FUD. So....


February 27, 2016

Dash De-anonymization Contest

Icebreaker and other trolleros: I have donated $1 to Monero's development team. I sent 0.25 Dash (TX ID: 59d51690d4b56ddbf1e393fa8d3a49bcfc3247f270f36be3b6ee411802666cba-000) to shapeshift.io, which converted it to Bitcoin and sent it to the official Monero donation address listed at https://getmonero.org/getting-started/donate/.

I challenge you to de-anonymize this transaction. To make it just a little easier, I only used four rounds of Darksend, so it's exponentially less private than it would be with the maximum eight rounds.

Please tell me what address this transaction originated from.

Cheers!

[Chris!]

this is crazy why are you guys stopping, this is not illegal.. just change the ways you operate ie move between altcoins with anonimity like EXCL XMR DASH and move back to BTC

I'm sure they were having legal troubles or they got too big and were afraid of legal troubles. Either way I'm shocked by the decision. Why not sell a viable business?

[modsrocky]

the last days of bitmixer - the mixer had only 500 btc left! in good days it was about 2500 btc
maybe the investers took out the money

[Kakmakr]

It was fun whilst it lasted, but now it is gone and replacements will take it's place. < See my signature for more info > This is just the nature of the Bitcoin beast, you take down 1 and 10 will take it's place.

Bitcoin mixing services is just a Add-on service to protect your privacy. If you used cash, you would have had more privacy than the pseudo anonymity that Bitcoin provides. You have a right to protect your information and to protect your wealth. If you misuse this right and you are asked to explain yourself by the authorities, then you should account for your actions, if you did something illegal.

My neighbour or the hacker who compromise my data, should not know where my wealth is and how much wealth I have and how I spend my money. < Mixer services gives you that ability to hide it from them >   ^smile^

[LocoMB]

of course, there are several other privacy centered tools around - I would suggest looking at Komodo and its JUMBLR plugin

[nydiacaskey01]

For someone who gets paid to post and earnings are sent through the gambling site (Bitsler) like me, I use a mixer because my local exchange site does not allow BTCs coming from gambling sites (they will suspend my account or close my account) and known HYIPs that's why I am dumbfounded by Bitmixers decision and might look for other alternatives that offers same service with same level of trust earned by Bitmixer.

[Acura3600]

One of the benefits of JUMBLR is that this is not a Website, its a plugin integrated in the wallet (agama) - no logs, no ip‘s - just Decentralized  & anon

[CryptoGuu]

He got caught today. thanks for your service Sir!

https://www.washingtonpost.com/world/europe/russian-wanted-in-us-caught-in-greece-for-money-laundering/2017/07/26/13d912a2-71ef-11e7-8c17-533c52b2f014_story.html?utm_term=.dd36e8531833

[0day]

For someone who gets paid to post and earnings are sent through the gambling site (Bitsler) like me, I use a mixer because my local exchange site does not allow BTCs coming from gambling sites (they will suspend my account or close my account) and known HYIPs that's why I am dumbfounded by Bitmixers decision and might look for other alternatives that offers same service with same level of trust earned by Bitmixer.

After finding it I also thought about that type of issues. It will really be hard for those who have their activities in gambling sites (workers like you) if it is banned by your country or exchange.

[carlfebz2]

this is crazy why are you guys stopping, this is not illegal.. just change the ways you operate ie move between altcoins with anonimity like EXCL XMR DASH and move back to BTC

You cant force them their decision is final. I cant say that its not illegal thinking off that if a service have been used by terms of illegal involvement then it can really be tied up as an illegal too. Knowing that laws will definitely connect it up once you are being used on illegal doings. Its really hard to accept but this service decide to close its doors for its own good.

[stompix]

And here we go , the clone is born:




https://bitmixor.io/
vs
https://bitmixer.io/


Whois Record for BitMixOr.io

Dates   Created on 2017-07-23 - Expires on 2018-07-23 - Updated on 2017-07-23

Website Title     BITMIXER.IO | High Volume Bitcoin Mixer

[MunzeDealer]

He got caught today. thanks for your service Sir!

https://www.washingtonpost.com/world/europe/russian-wanted-in-us-caught-in-greece-for-money-laundering/2017/07/26/13d912a2-71ef-11e7-8c17-533c52b2f014_story.html?utm_term=.dd36e8531833

http://i65.tinypic.com/4k788j.jpg

[RonPaulBTC]

"I woke up today and thought I should stop a multi million dollar business to make bitcoin "more clean""

This sounds like april fools except we are on July.

Anyway, so what happens with the signature campaign now? is it still running?

[bitcoinwhoswho]

Anyone have any of their wallet addresses they want to share?