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Author Topic: The lagest Bitcoin mixer is about to stop working  (Read 69215 times)
Casy
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August 12, 2017, 09:06:41 PM
 #221

Another one bites the dust, bitmixer.io is legendary in this space, very sad seeing them go. It is better to be safe tan sorry though.


Yeah, but I think it's neither the general problem of bitmixer, nor the problem of bitcoin mixers at all.
Folks using bitcoin as a mean for criminal activity could and will eventually use cryptocurrencies that don't have a public blockchain at all.
For me, bitcoin mixing as such is a way of giving legit users a chance for fulfilling their right of privacy.

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August 15, 2017, 06:49:15 AM
 #222

Another one bites the dust, bitmixer.io is legendary in this space, very sad seeing them go. It is better to be safe tan sorry though.


Yeah, but I think it's neither the general problem of bitmixer, nor the problem of bitcoin mixers at all.
Folks using bitcoin as a mean for criminal activity could and will eventually use cryptocurrencies that don't have a public blockchain at all.
For me, bitcoin mixing as such is a way of giving legit users a chance for fulfilling their right of privacy.

Exactly this. For fuck sake Bitcoin transactions are public! They absolutely need mixer services because if you even send your coins to a friend they will easily see how much bitcoins you have left that went to a change address. Blackmailers and ransom software can abuse this to extort more money from their victims. By closing your service you are helping the criminals! Thank god projects such as Byteball are gaining traction. Byteball's blackbytes have even better anonymity than zcash, best anon coin out there. Payments are truly peer-to-peer and only the transaction hash is stored on the public ledger, everything else remains private.

Gleb Gamow
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August 15, 2017, 03:22:53 PM
 #223

Another one bites the dust, bitmixer.io is legendary in this space, very sad seeing them go. It is better to be safe tan sorry though.


Yeah, but I think it's neither the general problem of bitmixer, nor the problem of bitcoin mixers at all.
Folks using bitcoin as a mean for criminal activity could and will eventually use cryptocurrencies that don't have a public blockchain at all.
For me, bitcoin mixing as such is a way of giving legit users a chance for fulfilling their right of privacy.

Exactly this. For fuck sake Bitcoin transactions are public! They absolutely need mixer services because if you even send your coins to a friend they will easily see how much bitcoins you have left that went to a change address. Blackmailers and ransom software can abuse this to extort more money from their victims. By closing your service you are helping the criminals! Thank god projects such as Byteball are gaining traction. Byteball's blackbytes have even better anonymity than zcash, best anon coin out there. Payments are truly peer-to-peer and only the transaction hash is stored on the public ledger, everything else remains private.

 Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes

Friend: Dude, can I borrow ten bucks?
Mr. Money Bags: <pulls thousands from his pocket and peels off a sawbuck> Here you go, bud.
Friend: Dude, what a fuckin wad! Can I borrow another hundred?

<in normal life>

Friend: Dude, can I borrow ten bucks?
Mr. Money Bags: <pulls out a bunch of singles and counts to ten> Here you go, bud. Leaves me a tad short, but I'll manage.
Friend: Thanks, man. I'll get this back to you ASAP.

WillMineForFood
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August 15, 2017, 05:01:08 PM
 #224

hahah INdeed Gleb you can't say it better.

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August 15, 2017, 05:20:22 PM
 #225

By closing your service you are helping the criminals!

the operator's personal freedom is a little more important than the privacy of a bunch of strangers. they owe nothing to no one. their obligations were fulfilled and hopefully they'll live a peaceful life.

Coinroll - Bitcoin Casino



[a47p4hrstotzAfbAM]
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August 15, 2017, 06:18:49 PM
 #226

Friend: Dude, can I borrow ten bucks?
Mr. Money Bags: <pulls thousands from his pocket and peels off a sawbuck> Here you go, bud.
Friend: Dude, what a fuckin wad! Can I borrow another hundred?
Tumbling large amount may end the same if you receive large amount at one address.

Friend: Dude, can I borrow ten bucks?
Mr. Money Bags: <pulls out a bunch of singles and counts to ten> Here you go, bud. Leaves me a tad short, but I'll manage.
Friend: Thanks, man. I'll get this back to you ASAP.
ChipMixer tumbling ends this way. You receive different sizes of chips and your wallet spends the smallest chip. $10 = 3 mBTC. Your friend may see you have spent your 4 mBTC chip.

ChipMixer.com - mixing reinvented for your privacy - ChipMixerwzxtzbw.onion
Rmcdermott927
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August 16, 2017, 12:47:26 AM
 #227

With the most trusted and likely most used mixer gone,  be careful of scams claiming to be able to take their place.   There are already scam Bitcoin mixers out there, do your research.  

Casy
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August 17, 2017, 07:27:09 PM
 #228

By closing your service you are helping the criminals!

the operator's personal freedom is a little more important than the privacy of a bunch of strangers. they owe nothing to no one. their obligations were fulfilled and hopefully they'll live a peaceful life.

I totally agree that it's the operator's free decision to stop his service, if he feels to do so.
However, this doesn't condemn or change the usefulness of bitcoin mixers themselves as an optional privacy enhancement.

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