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Ardant (OP)
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July 23, 2011, 05:23:20 PM
Last edit: January 08, 2022, 03:14:50 PM by Ardant
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test test
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Maged
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July 23, 2011, 08:04:46 PM
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How traceable is a purchase of Bitcoins from a place like VirWox, when you purchase the Bitcoins using credit card or PayPal funds?
Completely traceable, but only really to law enforcement and other such people who have the power to have VirWox turn over their records.
Are Bitcoins equally anonymous no matter the source of your funds, or does the source of the funds change how traceable your Bitcoins are?
The source AND the eventual destination can be used to find you. Using bitcoins for anything illegal is a bad idea.

Opsamk
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August 27, 2011, 11:06:59 AM
 #3

A few cycles in the washing machine should remove traces of evidence.

1GPsFkReoJi8isJk1Vyry7NVnL2qpaC9Ja

Feeling generous? Send me some bits Smiley
noone
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August 27, 2011, 12:06:14 PM
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Using bitcoins for anything illegal is a bad idea.

This is true only today because you can't pay the rent, or buy much of anything, with bitcoins.

However, if we imagine a world where bitcoins can buy anything, then the classic cypherpunk "perfect crime" scenario begins to sound plausible:

1. Kidnap Rick Falkvinge's daughter.  (* Note:  I have no idea if RF has a daughter;  I choose him as the victim solely because of his babble about how there is no such thing as 'illegal trade'.)

2. Demand payment to a bitcoin address.  Or Else.

3. Non reversible payment made, you publish the coordinates of the girl.

4. Profit!

Curiously, when people propose mechanisms to prevent step (4) from happening -- e.g., bitcoin blacklists -- people get upset.
Puzzles
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August 27, 2011, 06:02:28 PM
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Using bitcoins for anything illegal is a bad idea.

This is true only today because you can't pay the rent, or buy much of anything, with bitcoins.

However, if we imagine a world where bitcoins can buy anything, then the classic cypherpunk "perfect crime" scenario begins to sound plausible:

1. Kidnap Rick Falkvinge's daughter.  (* Note:  I have no idea if RF has a daughter;  I choose him as the victim solely because of his babble about how there is no such thing as 'illegal trade'.)

2. Demand payment to a bitcoin address.  Or Else.

3. Non reversible payment made, you publish the coordinates of the girl.

4. Profit!

Curiously, when people propose mechanisms to prevent step (4) from happening -- e.g., bitcoin blacklists -- people get upset.

See, but in my opinion, it is reasons like this that bitcoin will not be publicized in the ways that it is good, only the ways it is bad.
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August 28, 2011, 07:19:48 AM
 #6

4. Profit!
Great! Now, try spending that money without losing your anonymity.

Receiving Bitcoin is anonymous; it's almost impossible to spend it anonymously.

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