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Author Topic: Is Bitcoin anonymous?  (Read 503 times)
Tavarez
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January 02, 2018, 09:07:35 PM
 #41

bitcoin is not anonymous because agents can track anyone just by tracing public transactions on the blockchain. Pseudonymity of bitcoin can be broken in many ways, e.g. tracing IP address. Many people tried using dark wallet but still btc remained Vulnerable/penetrable.
Anti-Cen
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High fees = low BTC price


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January 02, 2018, 09:08:07 PM
 #42

Bitcoin is designed to allow its users to send and receive payments with an acceptable level of privacy as well as any other form of money. However, Bitcoin is not anonymous and cannot offer the same level of privacy as cash.

Yes for now you can spend money buying weed and your safe so long as the post-man
.......err ........ sorry ......... "Post Person" does not nick it because I would hate to promote
"Hate Speech" and only dare say what I am told to say.

Well anyway if I paid XYZ even via Lightning (If it ever works) to top you off then no I would
be banged up in no time.

Also note that nothing about a personal computer is personal if your running Microsoft windows
and Google with it's Chrome browser is also getting in on the act.


Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
NorrisK
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January 02, 2018, 09:13:25 PM
 #43

It is anonymous up to the point where you need to use it. To some service you will give your address or ID and then every transaction that links to this can be traced to you.

It's not easy to track for most though, that's why most people consider it anonymous.
reymartH
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January 02, 2018, 11:27:30 PM
 #44

Bitcoin is anonymous, as identity of the holder is unknown, but it is certainly not private.  Every transaction is publicly recorded and broadcast in the blockchain.  It offers greater anonymity than cash, where I must be present to use, but less privacy of cash which is only between me and the other party.

Bitcoin is not anonymous, but, rather, pseudo-anonymous. By now, most Bitcoin veterans know this. It’s less obvious to many, however, why Bitcoin is not really anonymous by default, and what can be done to de-anonymize Bitcoin users – and what Bitcoin users can do to reclaim their privacy.
smokeydog
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January 03, 2018, 03:53:15 PM
 #45

It's anonymous until you need to convert to cash at all these bogus exchanges.   Since we can buy almost nothing directly with a bitcoin we need to convert to dollars or some other tender to engage in real trade.  The US government will have no trouble locking down entities like coinbase whenever they feel the need.   Bitcoin is still and will likely remain a blackmarket tool  for a long time.  Try paying for a new car with bitcoin, good luck.
European Central Bank
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January 03, 2018, 03:55:52 PM
 #46

the level of anonymity is down to you. if you're diligent about it then i'm sure you can keep anything identifiable away from your transactions but you'd have to be very careful every step of the way and it only takes one slip for it all to be gone.

personally i've crapped all over my anonymity a million times over. too late for me but i don't really care.
Simon pasco
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January 03, 2018, 03:58:45 PM
 #47

the blockchain is completely readable by all, so no money is completely anonymous except the monero for example
londonglory
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January 03, 2018, 04:08:35 PM
 #48

No because your transactions are linked to your adress, you should search for monero.
Samarkand
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January 03, 2018, 04:17:33 PM
 #49

...   Bitcoin is still and will likely remain a blackmarket tool  for a long time.  ...

Bitcoin is getting cleaner, while altcoins are getting dirtier.

Just look at the biggest DarkNet marketplaces (the sites that raised
public awareness for Bitcoin back in the day). Most have abandoned Bitcoin due to a
lack of anonymity and several shutdowns of marketplaces due to blockchain
analysis. Instead they are using altcoins like Monero or Zcash, which have lower
fees and offer more anonymity.

This may change in the future with possible enhancements of the privacy features
of BTC (e.g. stuff like MimbleNimble).
jeffer8035
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January 03, 2018, 04:18:46 PM
 #50

THE BICOIN IF IT IS ANONYMOUS THE OTHER IS THAT YOU CONFESS THAT YOU HAVE IT AND THE CASH ARE BATTERIES OF BANKNOTES TO TRANSLATE A LARGE AMOUNT YOU HAVE TO PAY A TRUCK REQUEST PERMISSION TO THE BANK NEEDED MANY SCHOOLS IN CHANGE WITH BITCOIN A PORTFOLIO ALREADY IN AN UNMATCHER UM TELEPHONE ETC YB TE YEGA IN SECONDS AND NO ONE WATCHES YOU IF IT APPEARS IN THE BLOCK CHAIN BECAUSE IT IS AUDITABLE BUT YOU DO NOT KNOW WHO YOU ARE

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filharvey
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January 03, 2018, 04:18:55 PM
 #51

Bitcoin is designed to allow its users to send and receive payments with an acceptable level of privacy as well as any other form of money. However, Bitcoin is not anonymous and cannot offer the same level of privacy as cash.
Bitcoin is only pseudo anonymous in which transactions could be traced by any government authorities when compared to cash.But it could be made fully anonymous by using mixer services which is provided by some companies in which new bitcoins are given instead of our bitcoins.

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avi007
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January 03, 2018, 04:22:07 PM
 #52

Some effort is required to protect your privacy with Bitcoin. All Bitcoin transactions are stored publicly and permanently on the network, which means anyone can see the balance and transactions of any Bitcoin address. However, the identity of the user behind an address remains unknown until information is revealed during a purchase or in other circumstances
Dr.Osh
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January 03, 2018, 04:33:04 PM
 #53

until now bitcoin still remains anonymous, and it's still very difficult to know who has bitcoin in a wallet, because making wallet does not require very official data. I hope this remains anonymous forever

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Thanushka47
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January 03, 2018, 07:44:33 PM
 #54

Bitcoin is not fully anonymous. Every transaction is recorded in a blockchain and public can see it. However we can send and receive bitcoins without giving personal information.
Thavite71
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January 03, 2018, 07:53:13 PM
 #55

Bitcoin is designed to allow its users to send and receive payments with an acceptable level of privacy as well as any other form of money. However, Bitcoin is not anonymous and cannot offer the same level of privacy as cash.

if you use strong VPN and web wallet no one can know your IP or tack your transction.

it is easy to be anonymous when using bitcoin more than normal money system
allthebitandbobs
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January 03, 2018, 07:58:13 PM
 #56

short answer no not by it self .U had to follow a few steps for it to be anonymous

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Shenzou
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January 03, 2018, 08:08:21 PM
 #57

Bitcoin is designed to allow its users to send and receive payments with an acceptable level of privacy as well as any other form of money. However, Bitcoin is not anonymous and cannot offer the same level of privacy as cash.
It is true that bitcoin is not completely anonymous, and that is due to the fact that all the transactions that are made are public, but that is what makes it better than cash and that there are no transactions going without knowing about it, the block chain network is not controlled by one person or one company, its dicentrelized which means no government has control over it, using bitcoin does not require any id or any documents to start using it, which always keeps your identity hidden, and although governments may be able to monitor transactions it would take a lot of time and resources, unlike cash where they can easily know where you got it from and where it is headed.
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January 03, 2018, 08:14:20 PM
 #58

Why do you guys mind anonimity so much.. ı mean if you’re just a trader and not money laundry experts of some drug and gun smuggling/terorist organisation member.. Bitcoin was anonym until the govs start to concern.. Then unanomity became their first rule.. 

If you are just a trader, i think we dont need to mind it so much..
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January 03, 2018, 08:16:17 PM
 #59

Bitcoin is not anonymous cryptocurrency. If you want anonymity, then use Monero, there all transactions are anonymous. Wink

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January 03, 2018, 08:30:54 PM
 #60

i think bitcoin is still anonymous enough! if u really need it,there are a few ways out there to use btc with more anonymity (laundry etc.),perhaps the fee`s for this services gonna hurt u more.


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