Bitcoin Forum
January 19, 2019, 07:26:18 AM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Do you segregate 'dodgy' sig campaign earnings?  (Read 100 times)
gentlemand
Legendary
*
Offline Offline

Activity: 1890
Merit: 1484


Always remember - I love you


View Profile
August 19, 2018, 04:50:36 PM
 #1

I've been having a cruise down memory lane and checking old addresses. I noticed there's a direct chain from the Bitmixer sig campaign address to what I have floating around now.

Now this service was never illegal, but it's possible in future any money from similar origins may well be frowned upon if you're trying to go through regulated channels. The same might go for gambling related stuff and other mixers depending on what country you're in.

Of course nothing needs to be illegal for some exchange to reject it either. It's just the illusion of nefariousness even when it isn't there.

Is it something you're conscious of and keep separate from your main stash or do you not give a shit?

1547882778
Hero Member
*
Offline Offline

Posts: 1547882778

View Profile Personal Message (Offline)

Ignore
1547882778
Reply with quote  #2

1547882778
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1547882778
Hero Member
*
Offline Offline

Posts: 1547882778

View Profile Personal Message (Offline)

Ignore
1547882778
Reply with quote  #2

1547882778
Report to moderator
The Pharmacist
Legendary
*
Offline Offline

Activity: 1400
Merit: 2347



View Profile
August 19, 2018, 05:10:07 PM
 #2

I'm in the "I don't give a shit" crowd.  Most of the coins I had I sold long ago anyway.  Those were coins gotten from Yobit's campaign and a few others, but I don't think any of them have turned out to be scams yet.

Not saying this is the case, but if you use services like Coinbase, they might care where the coins you put in your account come from.  I think they mostly frown on coins going to or coming from gambling sites, but I wouldn't put it past them to check the provenance of all of their customers' funds.

BitCryptex
Sr. Member
****
Offline Offline

Activity: 462
Merit: 414


Write @BitCryptex or quote my post to notify me


View Profile WWW
August 19, 2018, 05:15:27 PM
 #3

Is it something you're conscious of and keep separate from your main stash or do you not give a shit?

I keep my investment, signature campaign and translation jobs earnings separately. TREZOR allows me to keep them conveniently on different accounts. I do it mostly because it is much easier to see how much money I have earned/lost (out of curiosity). I try not to mix these coins together - a small privacy concern here.

gentlemand
Legendary
*
Offline Offline

Activity: 1890
Merit: 1484


Always remember - I love you


View Profile
August 19, 2018, 05:20:04 PM
 #4

I keep my investment, signature campaign and translation jobs earnings separately. TREZOR allows me to keep them conveniently on different accounts. I do it mostly because it is much easier to see how much money I have earned/lost (out of curiosity). I try not to mix these coins together - a small privacy concern here.

Very prudent. I kind of wish I'd done to same back in the day but it's far too late now. I truly can't be bothered to sift through everything to know how much has been earned but it would be very convenient to have separate figures to hand.

Albert211994
Member
**
Offline Offline

Activity: 151
Merit: 11


View Profile
August 19, 2018, 10:20:33 PM
 #5

If I mix my coins,, it will erase the history right? Like if I send my btc to an exchange, trade it to an alt and trade back to btc, withdraw back to a new address, then that coin will be clean, right? That is what I am doing, so I really do not care where my coins come from.

BitCryptex
Sr. Member
****
Offline Offline

Activity: 462
Merit: 414


Write @BitCryptex or quote my post to notify me


View Profile WWW
August 19, 2018, 10:24:51 PM
 #6

If I mix my coins,, it will erase the history right? Like if I send my btc to an exchange, trade it to an alt and trade back to btc, withdraw back to a new address, then that coin will be clean, right? That is what I am doing, so I really do not care where my coins come from.

No, the coins which you "mix" using that method can't be considered as "clean". Exchanges keep logs and I am certain that it's quite easy for them to track your activity. You'd better use a Bitcoin mixing service such as ChipMixer or exchange your coins to Monero and send it somewhere else. Do not trust any exchange.

gentlemand
Legendary
*
Offline Offline

Activity: 1890
Merit: 1484


Always remember - I love you


View Profile
August 19, 2018, 10:34:53 PM
 #7

If I mix my coins,, it will erase the history right? Like if I send my btc to an exchange, trade it to an alt and trade back to btc, withdraw back to a new address, then that coin will be clean, right? That is what I am doing, so I really do not care where my coins come from.

That's fine for preventing other people tracking your publicly associated addresses. Not much use if an exchange itself decides to get arsey with you.

My theoretical nightmare scenario is looking to cash out a bit in a few years by which point exchanges will be so uptight if they spot anything slightly questionable they'll tell you to bugger off completely. Since the vast majority of my coins are in addresses with a little bit of Bitmixer earnings they may decide I am fully tainted by the proceeds of evil.

If I myself mix them all before sending to an exchange they may still demand some sort of previous paper trail or flatly refuse to deal with mixed coins at all.

Hopefully they'll have long forgotten by then but as tracking gets better lord knows how many historical crimes will be linked to Bitmixer mixing.

I could well be excessively paranoid, but I wouldn't underestimate how heavy regulated channels may become.

Pages: [1]
  Print  
 
Jump to:  

Bitcointalk.org is not available or authorized for sale. Do not believe any fake listings.
Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!