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Author Topic: Is Bitcoin anonymous?  (Read 503 times)
JuliaEnnyPen
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January 03, 2018, 08:43:02 PM
 #61

No.
The Bitcoin cryptocurrency maintains a current, completely transparent ledger (log of transactions). While it is true that the coin owners are not identified by any immediately identifiable ID, payments using Bitcoins are not anonymous by design, and leak information.
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January 03, 2018, 08:50:13 PM
 #62

Unlike Bank accounts and most other payment systems, bitcoin addresses are not linked to the identity of users at the Protocol level. Each person may at any time create a new randomly generated bitcoin address (and the associated private key) without having to provide anyone your personal information.
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January 03, 2018, 09:03:04 PM
 #63

Bitcoin is not 100% anonymous, as every transactions are recorded and you can always track back and see them. There are other privacy coins out there that is doing a better job then Bitcoin on this subject.
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January 03, 2018, 09:27:57 PM
 #64

In a way it is anonymous, but is is perfectly traceble, which means that with some investigation the movements of bitcoins can be followed and their owners can be eventually identified.

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January 03, 2018, 09:43:25 PM
 #65

Bitcoin can be considered only relatively anonymous. Yes, it is difficult to calculate the data of the holder of the bitcoin purse, but to say that it is impossible to do this is also impossible. Since in the open book blockchein, which is available for public viewing, you can trace which coins are contained in the wallet, completely the history of their transactions with the purse addresses, where these coins came from and where they left, their amount, balance and so on, according to these signs, if you go for a long time on the trail, in the end you can calculate its owner. These defects of anonymity are deprived of some clones of bitcoin, in which these data are hidden.

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January 03, 2018, 09:55:42 PM
 #66

2 shutters are to be analysing according to :
1st one : personal information : we can consider bitcoin as highly anonymous as no information is being shared with community users .
2nd one : technical related data : bitcoin is not really anonymous concerning this side because transaction data ( as well wallets balances ) are easily accessible by blockchain users which means the rupture of privacy
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January 03, 2018, 10:01:19 PM
 #67

Yesi will say Bitcoin transactions are all anonymous.

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January 03, 2018, 10:05:11 PM
 #68

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.

As the other users said, Bitcoin transactions are not anonymous - they are publicly recorded in the blockchain, but the users making those transactions are. That is why a primary application of Bitcoin for a long time has been the Silk Road - an online black market selling illicit goods (drugs, hits, etc.) for bitcoins to users who had high stakes riding on their anonymity.

The other question is where you spend your bitcoins. If you have your own direct wallet, that's one thing, but many current online wallets require you to provide proof of ID. Same thing goes for merchants - you may spend bitcoins anonymously, but a merchant may record your IP address when you accessed their site prior to the purchase.
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January 03, 2018, 10:13:56 PM
 #69

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.
Well for me bitcoin transaction is not anonymous because you could able to see the your transaction at blockchain. However, we can say that it is anonymous also because its proponent is still unknown. Bitcoin transaction cannot be anonymous like cash because unlike cash  bitcoin cannot be used in evil deeds such as buying drugs or whatever without knowing your identity and your transaction.



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Rainbot
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January 03, 2018, 10:34:15 PM
 #70

Yesi will say Bitcoin transactions are all anonymous.

This is no way true, Bitcoin transaction are in no way anonymous. Don't be fooled by the claims of it been so. Every transaction are been recorded through a Blockchain. It might surprise you to know that Monero is more anonymous than Bitcoin, for Eg.; When an exchange is hacked and all the bitcoin stolen; the stole coins can be traced  but its unfortunately that the coins might never be recovered.
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January 03, 2018, 10:37:19 PM
 #71

Simple answer:
No!
Every single transaction is registered in a public ledger and available to public.
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January 03, 2018, 10:38:13 PM
 #72

Yesi will say Bitcoin transactions are all anonymous.

This is no way true, Bitcoin transaction are in no way anonymous. Don't be fooled by the claims of it been so. Every transaction are been recorded through a Blockchain. It might surprise you to know that Monero is more anonymous than Bitcoin. When an exchange is hacked and all the bitcoin stolen; if traced well, they might see that address receiveing the coin but its unfortunately that the coins might never be recovered.
If viewed on a transaction indeed Bitcoin still give us such information. the Bitcoin address and the amount of Bitcoin will always exist as a Log that can not be removed. But in reality every Bitcoin user can not be known, meaning every existence of the transaction then we will all find it difficult to know who the person doing the transaction. Besides with Bitcoin also we are not given a limitation in doing every transaction, we are free to conduct transactions whenever and wherever we are.
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January 03, 2018, 10:39:16 PM
 #73

Would it be wrong to say the more you use it the less anonymous it is?
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January 03, 2018, 11:00:09 PM
 #74

I dont think its that anonymous anymore. Its track-able now. and I heard governments are puttign tax on it now.

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January 04, 2018, 04:06:31 AM
 #75

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.
No doubt that bitcoin is annonymous thing but not that highest level where it should be to give privacy , Because with bitcoin payment are traceable and also everyone can see that how much btc you have at that address , so not that level of privacy but security is like millitary or we can say more than banking industry .
Here also another coins are available which are non traceable but also they are instant ( not used by me but many of my friends told me about this thing ) that is deeponion coin .
So if you need much security then you can use deeponion coin .And also may be another coin exists like this so make Google search about this , may be you can get answer for coin likes deeponion .

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January 04, 2018, 03:21:15 PM
 #76

Bitcoin gives privacy to the users in a way that their identities are hidden but not to the extent of their transactions. Every transaction made by every singles Bitcoin user is recorded to the blockchain. The anonymity of Bitcoin is only limited to the identities of the users being hidden, on up to what they want to show their specification into the forum. Now that people are getting more tech savvy, some says that Bitcoin is becoming trackable especially by the government to banned it or to put tax for using it if this is true in that case, I don't think that the anonymity of Bitcoin is as solid as it was before.
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January 04, 2018, 03:39:15 PM
 #77

Bitcoin is anonymous,blockchain helps to make transactions with anonymous names.bitcoin is very secured,blockchain is untraceable.
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