European Central Bank
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Activity: 1288
Merit: 1087
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July 27, 2017, 01:02:04 PM |
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i've never used a mixer or felt the need to use one.
i'm not bothered about disguising my coin movements, but if i did want to break the link i'd stick it in an exchange and pull it out again. that might not be enough. i don't really care.
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dothebeats
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Cashback 15%
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July 27, 2017, 01:07:10 PM |
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Not really a necessity since you can do a simple mix by yourself. Yes, they have far more complicated methods of mixing your coins but you need to pay them 1% or 2% of the total amount you'll mix which is not good plus the fees when you send them the coins. You can do a simple mix by sending your coins to an exchange then move it to a new address that you own. That is way more economical and faster IMO.
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Schuyler
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July 27, 2017, 01:13:31 PM |
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Almost everyone making online transactions thinks that using bitcoins would be a good way to stay anonymous. But the truth is bitcoin transactions are not really anonymous at all. All transactions are recorded and can be seen publicly through the blockchain. When you use your bitcoin to pay for goods and services online, you will need to provide some private information in some cases. This means that your transactions can be traced by a third party to find information. In order to avoid this from happening, bitcoin mixers provide services where your bitcoins are mixed with others to make it harder to be traced back from the original owner.
Do you think that it is a must for everyone to use a bitcoin mixer? Why and for what purposes?
I really don't think if I need a new address or wallet which is bitcoin mixer. Honestly, I am satisfied with the old bitcoin because it keeps my transactions private, especially when dealing with large or small amounts and anonymity. Can you please tell me what are the benefits of this bitcoin mixer? |
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13abyknight
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July 27, 2017, 01:18:41 PM |
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Almost everyone making online transactions thinks that using bitcoins would be a good way to stay anonymous. But the truth is bitcoin transactions are not really anonymous at all. All transactions are recorded and can be seen publicly through the blockchain. When you use your bitcoin to pay for goods and services online, you will need to provide some private information in some cases. This means that your transactions can be traced by a third party to find information. In order to avoid this from happening, bitcoin mixers provide services where your bitcoins are mixed with others to make it harder to be traced back from the original owner.
Do you think that it is a must for everyone to use a bitcoin mixer? Why and for what purposes?
Bitcoin mixing isn't a must in my opinion. If you are conducting trades i.e buying and selling on the deep web, you might as well mix your coins if you feel that security is a concern. If you're using Bitcoin to trade around legal stuff, mixing might not be necessary unless you're dealing in a very high volume of Bitcoin and then again, mixing becomes necessary. |
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Cult
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July 27, 2017, 01:24:24 PM |
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Mixer will have your information, usually these services are very shady with unknown operators.
Privacy has to come from the technology itself, not a third party service, miners are blocking bitcoin's upgrade but eventually we will win and progress can happen again and we can have privacy implemented as a core feature.
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xIIImaL
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Activity: 1372
Merit: 1005
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July 27, 2017, 01:27:16 PM |
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Almost everyone making online transactions thinks that using bitcoins would be a good way to stay anonymous. But the truth is bitcoin transactions are not really anonymous at all. All transactions are recorded and can be seen publicly through the blockchain. When you use your bitcoin to pay for goods and services online, you will need to provide some private information in some cases. This means that your transactions can be traced by a third party to find information. In order to avoid this from happening, bitcoin mixers provide services where your bitcoins are mixed with others to make it harder to be traced back from the original owner.
Do you think that it is a must for everyone to use a bitcoin mixer? Why and for what purposes?
I really don't think if I need a new address or wallet which is bitcoin mixer. Honestly, I am satisfied with the old bitcoin because it keeps my transactions private, especially when dealing with large or small amounts and anonymity. Can you please tell me what are the benefits of this bitcoin mixer? Bro, bitcoin mixers work is not belongs to wallet provider side. If you wish to mix the huge number of bitcoins to split it into multiple address, in that case you can bitcoin mixers. Already Bitmixer has close the service few days before. Still some of the sites like Chipmixer and cryptomixer are doing the mixing service. |
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erep
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July 27, 2017, 02:11:01 PM |
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Bitcoin is not completely anonymous, exchanges will have all the details regarding you. Local exchanges will not allow deposit/withdrawal without your authenticity. So if you transact in a higher volume then you need Mixers. Bitmixer was one of the trusted one and they closed because of some pressure. It is not must but may be used if necessary.
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LeGaulois
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July 27, 2017, 02:43:14 PM |
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a bitcoin mixer is not the only way of mixing your coins and it is not even the best way of doing it. there are many different methods you can use to mix coins and each give you a different level of privacy.
in the end it will all come down to what you want out of this privacy. some people want to keep their affairs private. like for example you posted your bitcoin address on the forum but don't want anyone knowing how much bitcoin in total you own, or where you spend them.
but for some others they want to hide their illegal activities. and that is the tricky part.
i can't say it is a must or not but it is certainly good to have good services around.
What is the best way of mixing coins, if you don't mind me asking? Using a service like ChipMixer https://chipmixer.com/ As you use their resources, technology. They do all the work for you. You can read their FAQ to see how exactly they work behind the scene. Pretty easy to understand and to use. After Bitmixer closing the shop, ChipMixer is the new flower. Others may suggest to you, to spend your coins to an exchange platform and then send it to a new wallet, but it can create a fingerprint in the long run I guess. Better safe than sorry, better to use a pro service |
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dejavvu
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July 27, 2017, 02:48:29 PM |
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Anonymity provided by bitcoin is fine as it and if you are buying your coins with cash(in person), I believe it provides sufficient anonymity. The problem starts when you buy them online with a credit card or on exchanges with your ID details. Since the addresses can be tracked it will come back to you somehow.
I don't know how well mixers work, you place your life at their mercy. If you are going to do some illegal stuff, I advice you to use a totally anonymous crypto.
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harizen
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July 27, 2017, 02:58:04 PM |
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Almost everyone making online transactions thinks that using bitcoins would be a good way to stay anonymous. But the truth is bitcoin transactions are not really anonymous at all. All transactions are recorded and can be seen publicly through the blockchain. When you use your bitcoin to pay for goods and services online, you will need to provide some private information in some cases. This means that your transactions can be traced by a third party to find information. In order to avoid this from happening, bitcoin mixers provide services where your bitcoins are mixed with others to make it harder to be traced back from the original owner.
Do you think that it is a must for everyone to use a bitcoin mixer? Why and for what purposes?
Using bitcoin mixers depends on a person on how much they care for their anonymity. There are people that even knowing it's quite difficult and will takes lots of time to search for traces on linked address still will use a mixer. There are also people that needs anonymity even with just a simple buying of cigarette online via bitcoin payment (just a sarcastic example). A simple question; "I want to hide my transaction but Im using exchange on which I provide verification" , then use bitcoin mixer. Another one; "Im sure it's difficult to trace my identity. I don't need any mixer then". |
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bestmixer
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Ever used BestMixer.IO? Leave your feedback!
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April 02, 2018, 07:42:57 PM |
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We suppose the question, raised in this thread, have not lost relevance to this day. Law enforcement agencies (in case they have any reason to suspect anybody of illegal activities), researchers engaged in the analysis of blockchain, cyber criminals and several other categories of people may be interested in a detailed study of the cryptocurrency activities of any person. Only you can decide whether you need any protection from such attacks on your privacy or not. A bitcoin mixer BestMixer.IO is able to anonymise your coins completely. But first you need to pay attention to elementary notions to feel secure in the Internet. You can find more information about it in the Wiki section on the website https://bestmixer.io/en/wiki. |
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