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Author Topic: Is bitcoin really anonymous?  (Read 2002 times)
boled
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May 22, 2018, 07:42:03 AM
 #461

there is no instant way to getting rich. every transactions on bitcoin is registered on a ledger called the blockchain. so, Its not anonymous, every transactions made are publicized to the entire bitcoin network, and everyone can track the transaction.
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MudahDanHemat
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May 22, 2018, 07:45:40 AM
 #462

Especially now there are also some ICO who apply KYC, I also doubt if bitcoin is really anonymous. KYC and bitcoin withdrawal both require a confirmed identity. Will there continue to be more processes requiring identity confirmation? can be!
Betheng10
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May 22, 2018, 07:56:41 AM
 #463

Unless the wallet that you're using requires registration of your name, then the address will be registered on you.

As stated by the earlier replies, transactions are recorded into a ledger(blockchain) and if the government decided to look on that they could probably see where the address is registered.

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May 22, 2018, 08:01:24 AM
 #464

Think that 50% of total bitcoin belongs to less than 1000 people. This is not so anonymous at all. Technically it seems to be private enough since you can get address without identity.

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RDNX
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May 22, 2018, 08:09:53 AM
 #465

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

It depends, if you join ICO that needs KYC, then the team project will know your home location along with your Bitcoin address. Not only that, most of Crypto exchanges also need personal details right now. So, its possible to track  you from the transaction history. 
data_teks
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May 23, 2018, 11:18:10 AM
 #466

Of course, when other people will send or receive bitcoin they can see your wallet address, so it's not anonymous, but still they can't see your pass word, private key and your identity.
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May 23, 2018, 11:27:20 AM
 #467

yeah bitcoin are always anonymous, no doubt the people just can see the transaction addres but don't no who is the person behind that

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May 23, 2018, 11:31:56 AM
 #468

Bitcoin isn't completely mysterious. Some say bitcoin anonymous because of the address, but the fac in this matter is nobody even the government can't trace the individual behind the transaction. Being mysterious of bitcoin is that the value vacillation and being decentralized and to know the proprietor isn't simple one it takes apportions of strategy.
Yes, Bitcoin can be tracked, especially some companies even want money to track Bitcoin transfers. There is a lot of progress on this issue, and I think Bitcoin lost its anonymity.

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stil55
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May 23, 2018, 11:42:51 AM
 #469

I believe that bitcoin, like most cryptocurrencies, is anonymous from the point of view that knowing even the hash of the transaction or the address of the user's wallet from which the goods were paid, or some kind of service, state and tax services will not be able to determine who actually owns this address with bitcoin.
3la9l_kolbaCa
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May 23, 2018, 11:58:50 AM
 #470

Yes, It Is anonymous Because it cannot be tracked. Where to come from where it belongs but only the bitcoin address and which was sent and received. Personal information was safe. no one can not find it. Bitcoin Technology based on the strong privacy system allocated. Bitcoin is the safest blockchain technology this is why everyone chooses the bitcoin and invest money. But we have used this In the Good purpose.

Yeah! that is true that bitcoin is really anonymous but yet their is a big chance that it will be known everywhere we go, aside from that many countrues use bitcoin as way of transaction. Although it is not easy to trace up where does it came from but it is not a hindrance because bitcoin blockchain is safe than the other and aside from that their is also a privacy because not everyone can easily access all over.
Danstan
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May 23, 2018, 12:37:54 PM
 #471

bitcoin is not anonymous the user is , for example i have a transaction of 1btc you will see my address but you will not know who is the owner of that , that is why here in my country they were not recognized bitcoin , banks here would not allow you to open an acct if your funds are come from bitcoin.

Don't say it is from Bitcoin, simply says you are making some sales on the internet like on the buy and sell things, you buy things from someone and sell it to anyone who is interested to get the item with additional fee, this way they can reconsider your transaction since you don't need to have certificate to start such business just be ready with your ready-made reasons when they ask you more about it.
greg0rioo
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May 23, 2018, 12:47:43 PM
 #472

I think that bitcoin is like anonymous and has no shape and physical. Actually when we have bitcoin, we like to have nothing but have a value and a very high price. Although bitcoin looks like anonymous, as long as many people believe it and invest in it we must also be sure.
putra daerah
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May 23, 2018, 12:51:21 PM
 #473

Yes, It Is anonymous Because it cannot be tracked. Where to come from where it belongs but only the bitcoin address and which was sent and received. Personal information was safe. no one can not find it. Bitcoin Technology based on the strong privacy system allocated. Bitcoin is the safest blockchain technology this is why everyone chooses the bitcoin and invest money. But we have used this In the Good purpose.
I agree with you that bitcoin is anonymous because the security of personally identifiable information that has been applied is safely safeguarded from others.
with the proven safety of bitcoin, many choose bitcoin as an option to invest.
jeluhtajem
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May 23, 2018, 12:54:11 PM
 #474

Bitcoin is a well-known currency as well as an outstanding development; Bitcoin platform is considered a healthy growth compared to other currencies, many countries are now planning to exploit a lot. Bitcoin to the nation can develop a height.
jorgelugra
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May 23, 2018, 12:56:49 PM
 #475

First of all, Bitcoin's protocol consists of a series of transactions. These transactions are inherently packages of different types of data, among which there are inputs and outputs. The inputs refer to the bitcoin addresses from which coins are sent (for which you need to use a private key associated with that address). The outputs are related to the addresses to which bitcoins are sent.
AndrewPeoples
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May 23, 2018, 01:08:19 PM
 #476

When we talk about anonymosity, for me bitcoin is anonymous only when you use or trade it as bitcoin iself. It is defeinitely obvious because you only need the wallet address when you transact.  However,  it is loosing its privacy when the time comes that you have to convert it to fiat with an exchange.
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May 23, 2018, 01:23:36 PM
 #477

bitcoin really anonymous because of its huge value, if bitcoin is public and works in common, the troubles and risks are also great.
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May 23, 2018, 01:42:49 PM
 #478

Bitcoin is not anonymous. Bitcoin is working online. It does not provide all your personal information. But everyone is working with knowledge of faith. There is nothing to do in the wake of anything or anything. That does not mean that bitcoin Anonymous
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May 23, 2018, 01:52:13 PM
 #479

The thing that gets everyone interested in using bitcoin is an anonymous feature, it's time for the transaction to have a feature that protects the user's data in total and it can only be done if the feature is anonymous, bitcoin understands with it so it uses various encryption.

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May 23, 2018, 02:05:00 PM
 #480

Yes when it comes to bitcoin member to member transactions or even in the system of the bitcoin with people around you replying on your thread are all A.K.A and no personal details attach so that is why it is so called anonymous. Anonymous if we are in the world of bitcoin but as you stated above that after having to bitcoin to en cashing it that requires your personal identify since it already involve in real money of fiat money. The integrity of receiving it is there since you are already crossing the border from bitcoin world to the real money world. The real money world is the real evident from the investment gain from the bitcoin system.
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