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Author Topic: Is bitcoin really anonymous?  (Read 2002 times)
Noelbetty12
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April 26, 2018, 03:17:35 AM
 #301

Nice idea with a great intention of becoming rich in just 4 to 5 weeks. Nobody can argue it as there is really money in bitcoin. It is anonymous and it is really that hard to trace the owner of the coins. This is why hackers are hard to track because nobody puts their name on every coin as proof of ownership. So goodluck you might reach it if you have good plans.

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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RKSummer
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April 26, 2018, 01:18:15 PM
 #302

My questions is not on the technical side, since obviously you can create an address in a very much anonymous way. However, when it comes to spending it or convert it into fiat or even when spending it on a legit shop online you have to leave an identity trace.

I know that with small transactions is fine, under the radar basically, but what happens with significant ammounts?

I am asking this because I intend to become rich in 4 or 5 weeks Grin Grin

Bitcoin transaction is not that so anonymous. Though the real identity of the individual who uses it is anonymous, there is a blockchain, a public ledger in which every transaction is being recorded.

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April 26, 2018, 05:52:07 PM
 #303

Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin. so by definition it is clear that it is a public ledger operating in public eye, so the idea that its anonymous is ridiculous, although many other coins provide that kind of feature but bitcoin doesn't. users identity is hidden in bitcoin transaction but the address is public.
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April 26, 2018, 06:59:46 PM
 #304

You can check any transaction have being ever made but you will never know who was the owner of wallets. Bitcoin is really anonymous and if you are not talking a lot you are fine. Wink

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April 26, 2018, 07:12:26 PM
 #305

Bitcoin lets you do all this without revealing your identity. But at the same time, it’s a system that operates completely in the public view. All Bitcoin transactions are recorded online for anyone to see, lending a certain transparency to the system. Bitcoin stores details of every single transaction that ever happened in the network in a huge version of a general ledger, called the blockchain.

The public listing only shows the transaction ID and the amount of currency transferred. You will be anonymous in the system because you don’t need to provide any of your personal details like your name, address, email, phone number, etc.
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April 27, 2018, 01:21:27 PM
 #306

It's not actually anonymous it's a pseudonymous , which we can see the different transaction made by the users around the crypto world but still we can't see , we can't trace who is the person beyond that.

It's one of the best features or factors of bitcoin , the transaction made is anonymous , you can see how much but the person behind it no.

And this is one of the main reason why the government are afraid they can't see or control it , sometimes it use by the criminals , by the illegal transactions though.


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April 27, 2018, 01:52:07 PM
 #307

Bitcoin is not anonymous, but, rather, pseudo-anonymous. By now, most Bitcoin veterans know this. Bitcoin is not really anonymous by default. There are generally reasons why bitcoin is sometimes regarded as anonymous: First, unlike bank accounts and most other payment systems, Bitcoin addresses are not tied to the identity of users on a protocol level. Second, transactions are not tied to the identity of users either. As such, anyone can effectively transfer bitcoin from any address to which it controls the (private) keys, to any other address, with no need to reveal any personal information at all. Like physical cash, not even the receiver needs to know the identity of the sender.
I so agree. It can never be anonymous because pseudonym is used. It is also recorded in the ledger, so there can be an evidence too. The only difference is that we can make another profile for us or shall we say we can hide our true self just like wearing a mask.
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April 27, 2018, 02:26:30 PM
 #308

One of the main features people usually link to bitcoin is anonymity,but is bitcoin completely anonymous?On the one hand,it is entirely anonymous.On the other,it is completely transparent and trackable since all transaction are recorded in a public ledger.
Perhaps in the transaction can just like that because we do not know for sure with who we are doing transactions in bitcoin we just know the name that he used there without we know who he actually
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April 28, 2018, 10:26:52 AM
 #309

You can check any transaction have being ever made but you will never know who was the owner of wallets. Bitcoin is really anonymous and if you are not talking a lot you are fine. Wink
Yeah these coins are really anonymous. They are first source of income that is this big anonymous. You can’t even know who are saving these coins. Where these coins are and how have how much coins. Still, these coins are just getting more famous and popular day by day. This anonymity helps people keep their investments hide and thus you are safe from bad eye.
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April 28, 2018, 11:02:05 AM
 #310

You can state that genuine cash isn't generally unknown, unless you're entirely managing cash in your grasp. So once you change over it into cash, at that point it's not Bitcoin any longer.
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April 28, 2018, 11:16:37 AM
 #311


Yeah these coins are really anonymous. They are first source of income that is this big anonymous. You can’t even know who are saving these coins. Where these coins are and how have how much coins. Still, these coins are just getting more famous and popular day by day. This anonymity helps people keep their investments hide and thus you are safe from bad eye.


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Yeah these coins are really anonymous.

no. Bitcoin is not anonymous but some alts like monero are the ones who is real anonymous . although bitcoin can become anonymous if you mix it using a mixing service such as chipmixer.

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They are first source of income that is this big anonymous.

no. Bitcoin is not a source of income and it isnt also the first source of income. Bitcoin is a digital currency or a crypto currency that can be used when buying online. although there are jobs online or in the forum that pays in bitcoin , that is why it is mistaken as a source of income.

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You can’t even know who are saving these coins ,Where these coins are and how have how much coins.

Yes you can. You can still be able to trace someone and check their available balance if you follow or click their wallet address.


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Still, these coins are just getting more famous and popular day by day.

i agree with this.


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This anonymity helps people keep their investments hide and thus you are safe from bad eye.


No it isnt. Being anonymous does not mean to hide your investment from scammers or any other criminal people that can potentially steal your coins. Being anonymous means to only protect your identity so that you wont expose it to public.
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April 28, 2018, 12:32:50 PM
 #312

My friend told me that bitcoin has a pseudo-anonymous system, where all your transactions are recorded on a ledger. Just like in basic accounting, it is the summary of all account that have a record. Going back, in bitcoin the ledger is called the blockchain. Also, the bitcoin address and the amount of bitcoin used or received/sent can be seen. In addition, your personal information is not represented to the public.
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April 28, 2018, 12:41:29 PM
 #313

You can check any transaction have being ever made but you will never know who was the owner of wallets. Bitcoin is really anonymous and if you are not talking a lot you are fine. Wink
Yeah these coins are really anonymous. They are first source of income that is this big anonymous. You can’t even know who are saving these coins. Where these coins are and how have how much coins. Still, these coins are just getting more famous and popular day by day. This anonymity helps people keep their investments hide and thus you are safe from bad eye.

Nope your wrong bitcoin is not anonymous since every transaction made by the people are so visible and listed on blockchain. But there's nothing to worried for that since those one is totally ok but if people find it disturbing then maybe they are doing some illegal things on bitcoins ecosystem.

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April 28, 2018, 12:42:36 PM
 #314

My questions is not on the technical side, since obviously you can create an address in a very much anonymous way. However, when it comes to spending it or convert it into fiat or even when spending it on a legit shop online you have to leave an identity trace.

I know that with small transactions is fine, under the radar basically, but what happens with significant ammounts?

I am asking this because I intend to become rich in 4 or 5 weeks Grin Grin
No its not anonymous, google about it bro.
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April 28, 2018, 01:44:47 PM
 #315

You can check any transaction have being ever made but you will never know who was the owner of wallets. Bitcoin is really anonymous and if you are not talking a lot you are fine. Wink
Yeah these coins are really anonymous. They are first source of income that is this big anonymous. You can’t even know who are saving these coins. Where these coins are and how have how much coins. Still, these coins are just getting more famous and popular day by day. This anonymity helps people keep their investments hide and thus you are safe from bad eye.

Nope your wrong bitcoin is not anonymous since every transaction made by the people are so visible and listed on blockchain. But there's nothing to worried for that since those one is totally ok but if people find it disturbing then maybe they are doing some illegal things on bitcoins ecosystem.
The founder of Bitcoin, Satoshi Nakamoto, is the one anonymous. Moreover, it allows its users to send and receive payments with a high level of privacy and any other form of money as well. The use of Bitcoin has a broad public records. Various channels exist to protect users' privacy, and more are expected to come. In some cases, concerns arise that other private transactions could be used illegally with Bitcoin. I still strongly believe that Bitcoin is backed up by a stronger system that prevents from a high range of illegal activities.
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April 28, 2018, 01:55:52 PM
 #316

If you become rich, these problems will be very small for you. And you will solve them without the help of outside people.
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April 28, 2018, 02:05:04 PM
 #317

I think in some situations, Bitcoin could even be less anonymous than cash payments in hand.That's why you shouldn't do things you would later be ashamed/afraid of.
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April 28, 2018, 02:20:46 PM
 #318

In this world there is nothing anonymous. When you exchange bitcoin for cash, then in fact anonymity disappears. The bitcoin address can also be tracked and so on.

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April 28, 2018, 02:32:36 PM
 #319

Bitcoin is not really anonymous because other people can see the wallet address when sending and receiving bitcoins. every transaction in bitcoin is listed on a ledger called blockchain. In blockchain, only bitcoin addresses and the number of bitcoins received or sent can be seen. if anonymous cannot see who the sender is and the address of the sender's wallet.
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April 28, 2018, 03:49:10 PM
 #320

Not yet but they will add a layer of privacy at some point in time, it only makes sense. Also despite the fact the main chain isn't private, if you use LN all transactions there are private. I know the kinks aren't worked out yet but once that happens, you can bet we will have millions tied up in that network.

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