What is Bitcoin Mixer?

[naska21]

Is there any decentralized  mixer?  It is not always easy to hide identity when doing btc transactions  and direct p2p mixers would facilitate that.

I think the closest you can get currently for BTC would be through Wasabi, as described here: [Guide] Decent mixing methods. It is a wallet, but it allows you to cloak your transactions amongst 50 other TX emitting candidates.

Wasabi BTC addresses though is based on Bench32, and those still have adaption lags as can be seen here: https://en.bitcoin.it/wiki/Bech32_adoption.

Thanks for the tip on Wasabi; It took me a couple of days to  figure out how it works. The only drawback I see yet is that one  need to wait for 50 men to make their decision on coins shuffling. Regardless, it's only a matter of time waiting.

[RapTarX]

I have been seeing this bitcoin mixer advert here like chipmixer and bestmixer but I did not know what stand for. However, from your explanation I now know what bitcoin mixer is and that is like hidden identity.

With mixer, you can remove the traceability from your known bitcoin address.
Bestmixer is seized by the authority and I have updated it in the OP, you probably have missed that. Other one, bitblender has stopped its operation.

[getup]

I have been seeing this bitcoin mixer advert here like chipmixer and bestmixer but I did not know what stand for. However, from your explanation I now know what bitcoin mixer is and that is like hidden identity.

With mixer, you can remove the traceability from your known bitcoin address.
Bestmixer is seized by the authority and I have updated it in the OP, you probably have missed that. Other one, bitblender has stopped its operation.

another way also should be mentioned: btc → exchange/multiwallet → some anon crypto (i.e. DASH) → btc

[squatter]

With mixer, you can remove the traceability from your known bitcoin address.
Bestmixer is seized by the authority and I have updated it in the OP, you probably have missed that. Other one, bitblender has stopped its operation.

Here is a more comprehensive list for you.

Mixers don't necessarily remove the traceability of your bitcoins. They can certainly make them harder to trace, but adversaries are always trying to break them. Not all mixers are created equally, either. Some mixers employ much better techniques to evade blockchain analysis than others, so it's worth doing some research to find the right mixer.

[Kasabus]

For anonymous, professional and reliable mixing, ChipMixer is the only option right now.

I don't think it's the only option left, there are pretty lots of mixers in the space that we can use, but I like this mixer since it's more reputable compared to other mixers.

[jademaxsuy]

Edit: I've merited the OP for staring this thread. I must admit that I was put off at first by those bounty joining posts, but I have hopes that the OP will not default to just bounty hunting.

Thank you for the motivation for writing some more new topics. I joined some airdrop but it now is looking like wasting my precious time. I will try to contribute to the forum rather than hanging with bounty only.

Well, this thread is sort informative. I never did learn it before and was thinking what was really chipmixer all about since there are quite few legendary users wearing chipmixer signature. Usually those who wear chipmixer signature does have reputable profile as a user so it will easily gets attention to all users especially newbie's that are wishing someday that could wear signature.

[Stedsm]

Edit: I've merited the OP for staring this thread. I must admit that I was put off at first by those bounty joining posts, but I have hopes that the OP will not default to just bounty hunting.

Thank you for the motivation for writing some more new topics. I joined some airdrop but it now is looking like wasting my precious time. I will try to contribute to the forum rather than hanging with bounty only.

Well, this thread is sort informative. I never did learn it before and was thinking what was really chipmixer all about since there are quite few legendary users wearing chipmixer signature. Usually those who wear chipmixer signature does have reputable profile as a user so it will easily gets attention to all users especially newbie's that are wishing someday that could wear signature.

Were you interested more in knowing about what is a Bitcoin mixer all about or just wanted to show your desire to join the campaign and wearing the Chipmixer signature? Anyways, there had been lately 2 Bitcoin mixers which shut down their services due to some legislation issues, but this thread - https://bitcointalk.org/index.php?topic=5117328.0 , my God this showed me that the reputation we need to hold to be one of the Chipmixer members is actually worth it because Chipmixer was (and is) the only Bitcoin mixer which didn't get traced by that guy and I don't see Chipmixer leaving this business anytime soon as their services are very unique compared to most of Bitcoin mixers still in market.

[Krsps]

Best mixing method by theymos- https://bitcointalk.org/index.php?topic=5146241.0

Blockchain is available to everyone and everyone can see what Alice is doing with her bitcoin. Assume, she has 1 bitcoin, and she sent it to Bob. We can check it in explorer since it is available to everyone. We also can trace what Bob is doing with his bitcoin received from Alice. Basically, there is a way to trace everyone's bitcoin address.
Provided that it is easy to trace bitcoin transaction, what will Alice do if she wants to send bitcoin to Bob's address without letting someone knows? Bitcoin Mixer comes up with a solution to execute an untraceable transaction.

Simple process of sending bitcoin by Alice to Bob

Provided that Alice wanted to send bitcoin to Bob without a tail,

1. Alice will find out a Bitcoin Mixer.

2. Send her bitcoin to Bitcoin Mixer.

3. Bitcoin Mixer will send bitcoin to Bob.

If Alice sends bitcoin to an address of Bitcoin Mixer, Bitcoin Mixer will not send bitcoin to Bob from that address. No one will know whom Alice sent bitcoin and from whom Bob received the bitcoin.


For better understanding the system- https://cryptalker.com/bitcoin-mixer/

Some Mixing Services-
1. BitBlender shutdown
2. ChipMixer
3. Cryptomixer
4. Bitcoin Laundry
5. BestMixer seized
Before sending bitcoin to any mixing service, be sure the process, don't forget to check reviews from the internet as well as don't forget to use TOR.

LaGaulios thread, listing some Bitcoin Mixer- https://bitcointalk.org/index.php?topic=2827109.0

I did not know about Bitcoin Mixers, and also I was wondering what the ChipMixers were, that I saw on so many profiles. And also just recently heard about Tor and am reading up on that.

I read the article also,
https://cryptalker.com/bitcoin-mixer/

It's interesting that they say, on one hand, that you really you didn't need a Bitcoin mixer "if your funds are clean."

But if you get your bitcoin from the dark web, you need, (or should use) a mixer to disassociate your self from any BTC you purchased. They also recommend you consult a lawyer first. It all sounds very nefarious on the bitcoin user's part.

On the other hand they mention the U.S. Army and NSA are are tracking cryptocurrency users by analyzing transactions, which make the government sound more nefarious and sinister. So I understand why people are compelled to a mixer for basic privacy.

Thanks for the thread.
 

[Lucius]

But if you get your bitcoin from the dark web, you need, (or should use) a mixer to disassociate your self from any BTC you purchased. They also recommend you consult a lawyer first. It all sounds very nefarious on the bitcoin user's part.

On the other hand they mention the U.S. Army and NSA are are tracking cryptocurrency users by analyzing transactions, which make the government sound more nefarious and sinister
 

Unless you're a blockchain analysis expert it is hard or even impossible to determine if yours coins are clean or not. Bitcoin is so mixed that there is no absolutely clean coins (maybe those fresh mined).

Why should US Army tracking cryptocurrency? However NSA is working on bitcoin case at least from 2013 as revealed in the documents released by Snowden. Even then they have very powerful tools (Xkeyscore, Oakstar, Monkeyrocket) to track bitcoin users, and after 6 years these tools have become even more powerful.

[Krsps]

On the other hand they mention the U.S. Army and NSA are are tracking cryptocurrency users by analyzing transactions, which make the government sound more nefarious and sinister
 

Unless you're a blockchain analysis expert it is hard or even impossible to determine if yours coins are clean or not. Bitcoin is so mixed that there is no absolutely clean coins (maybe those fresh mined).

Why should US Army tracking cryptocurrency? However NSA is working on bitcoin case at least from 2013 as revealed in the documents released by Snowden. Even then they have very powerful tools (Xkeyscore, Oakstar, Monkeyrocket) to track bitcoin users, and after 6 years these tools have become even more powerful.

Apparently, the Pentagon and the Government in general is hesitant to hire and give a security clearance to anyone,  having a bitcoin or any crytocurrency account. In this article they are describing bitcoin users as Terrorists, Cybercriminals, and Spies. And if your not one of these, and just investing in it, you're just delusional, and therefore not desirable to work in government.

https://www.stripes.com/news/us/bitcoin-a-shadowy-realm-as-us-weighs-security-clearances-1.529596

So I am wondering...would a bitcoin mixer make a difference?  Or send up more red flags? You can't tell who is sending whom money, but the money is missing from your account and going somewhere. And this is what the government in monitoring.

It's an interesting article. The government can't figure out what to do with bit coin, and are or were considering to make a foreign currency.

[RapTarX]

Images have been updated since tinypic don't exist anymore.

[Lomberjack]

Filipino Translation of this topic: https://bitcointalk.org/index.php?topic=5216656

[a1minitrator]

is there another coinjoin mixer? wasabi need to download on pc

[Pffrt]

Is Bitcoin Mixer really able to hide any transaction? I want to be completely sure of it before using it

If you use trusted mixing sites like Chipmixer, no one can trace you. You can't hide any transaction from blockchain but you can exchange them so that no one can trace you. For example, if you have BTC on an address and you send it to Chipmixer, you will receive another BTC in another address, so there's no link between your btc and the next one which you are going to use. So, you will be impossible to be traced.