Why Mixing Bitcoin??

[lesor]

Please I may not be the only lame man here I've longing to know why People typically use bitcoin mixers to mask any previous "questionable" transactions from the bitcoin that they are likely cashing out in their real name. Now let me know about purpose of mixing bitcoins.

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[livingfree]

To become anonymous and that's why many are using coin mixing services. You know that's the main purpose of bitcoin mixers and the reason should be attached there for each of its users.

And as for mixing services, be careful with it too because some new coin mixing services are there to scam people. If you want to use a bitcoin mixer, use only the reliable ones like chipmixer.

[NathanJB]

Please I may not be the only lame man here I've longing to know why People typically use bitcoin mixers to mask any previous "questionable" transactions from the bitcoin that they are likely cashing out in their real name. Now let me know about purpose of mixing bitcoins.

Cryptocurrency users use crypto mixers to cut the tracks of your crypto transactions or coins. They are basically designed to improve crypto anonymity. Without mixers, crypto transactions could be traced. The blockchain presents all the transactions to the public. Everyone can view the movement of a certain coin, which address it came from and where it goes, and then moved again to another one, and so on. With a mixer, it is given a dead end.

[Red-Apple]

... why People typically use bitcoin mixers to mask any previous "questionable" transactions from the bitcoin that they are likely cashing out in their real name.

why didn't you post your real name, address and bank account balance here on the forum? is your actions "questionable" because you wanted to keep your privacy?
that is the same with bitcoin mixing. bitcoin is not anonymous and many don't want any Joe on the internet snoop around in their wallets to see how much bitcoin they own, where they spend it,... so they use mixers.

[Coin_trader]

I've longing to know why People typically use bitcoin mixers to mask any previous "questionable" transactions from the bitcoin that they are likely cashing out in their real name. Now let me know about purpose of mixing bitcoins.

The answer is already in your statement. To make it simple. To unlink their real name to those previous "QUESTIONABLE" transaction. At some point. I'm against on bitcoin mixer because it helps criminal clean their track. 

[TravelMug]

Please I may not be the only lame man here I've longing to know why People typically use bitcoin mixers to mask any previous "questionable" transactions from the bitcoin that they are likely cashing out in their real name. Now let me know about purpose of mixing bitcoins.

OK if you don't mix your coins, you can easily be tracked because of blockchain (which is public), so your privacy is somewhat breached, which is one of the main reasons why people wanted to be in crypto sphere in the first place, hide their wealth.

So if you used mixing services, you somewhat obfuscate your identify and improved your anonymity.

[Javi_Anibarro]

There are many reasons regarding this and some of them are afraid of being tracked by criminals or hackers. If I want to cash out a thousand Bitcoins, it is very likely for me to do that to keep myself safe. That is not questionable for me instead it is understandable, safety is the most important thing in life.

[goto22]

Please I may not be the only lame man here I've longing to know why People typically use bitcoin mixers to mask any previous "questionable" transactions from the bitcoin that they are likely cashing out in their real name. Now let me know about purpose of mixing bitcoins.

As you may know, BTC transactions can be traced, and you have to verify your identity on pretty much all exchanges these days. So, if you withdraw BTC from the exchange to your wallet, there is a connection between your name and said wallet. From there on, the coins can be sent to other wallets or exchanges, and it is pretty easy to trace them further. Mixers make this impossible by mixing the coins of users and allowing them to withdraw coins to wallets and still remain anonymous. Basically, you can trace the withdrawal to the mixer. From there on, no one knows which coins are yours, especially if you split them into a smaller group. Think of that image of a ray of light entering the prism and exiting as a rainbow — only one or two colors are your money, but there is no way of telling which ones.

[confreslamp]

The method of Bitcoin mixing was created to bring more anonymity to users. If you do not want that anybody can track your transaction, you should use BTC mixer to increase the anonymity and to reduce the chances of getting tracked.

[cryptoknightt]

mixing bitcoin shipments because this is usually used for traders or businesses that often carry out online transactions that make it not easy to track, so by mixing bitcoin shipments that are done it will be difficult to know who owns the wallet and who makes transactions.

[JCviggen]

most often people do this in order to hide some dubious purchases or payment for dark services. but it’s also possible that people simply don’t want anyone to know who owns the bitcoin address

[magneto]

Please I may not be the only lame man here I've longing to know why People typically use bitcoin mixers to mask any previous "questionable" transactions from the bitcoin that they are likely cashing out in their real name. Now let me know about purpose of mixing bitcoins.

I'd suggest you do some research beforehand. Not all mixing is done to mask "questionable" transactions.

For instance, whales who wish to protect their own privacy may choose to use such mixer services. Or, people may be concerned that coins that they receive is tainted previously by someone completely unrelated to them. Mixing increases privacy, and thus increases the fungibility of BTC as a currency.

You could also try Dash/XMR/ZEC where they are anonymity centric, although the hype for these coins have died down drastically.

[dothebeats]

You have already given one reason why people mix coins: to obfuscate the trail. Some view coin mixing as something unethical as it’s a gateway towards money laundering and other illegal stuff while ignoring the fact that Swiss bank accounts exist in plain sight. Coin mixing is just a way to further hide your identity and protect your privacy from watchful eyes and there’s nothing wrong with that.

[tenakha]

Please I may not be the only lame man here I've longing to know why People typically use bitcoin mixers to mask any previous "questionable" transactions from the bitcoin that they are likely cashing out in their real name. Now let me know about purpose of mixing bitcoins.

As you know, this is the best way to preserve secrecy and lose track. It can be used for legal or illegal business, but being used for illegal business does not mean that it is useless. Actually, it is our right to protect our privacy, and why not use it? Mixers are not the reason for illegal business, they just provide the service, how you use it depends on yourself.

[randa2000]

The only reason for privacy, this to protect you from tracking, i like this service.

[Ayers]

To become anonymous and that's why many are using coin mixing services. You know that's the main purpose of bitcoin mixers and the reason should be attached there for each of its users.

And as for mixing services, be careful with it too because some new coin mixing services are there to scam people. If you want to use a bitcoin mixer, use only the reliable ones like chipmixer.

you didn't ready carefully he said, that when they cash out they reveal they real name, in the end, so why mixing, if you that cash to buy something that expose your identity anyway? i could understand mixing if you DON?T cash out and buy with bitcoin, but in this case it look stupid

[maxreish]

It's because bitcoin transactions is not completely anonymous. And in order to achieve that complete anonymous features, user may wanna use bitcoin mixers to mask the identity for different personal reasons. For them, using bitcoin mixers will protect their privacy. Identity remains a secret, if there is a dark reasons why they want to use it or not. We can't really know.

You may wanna watch this video regarding bitcoin mixers. It stated some advantage of it.


https://youtu.be/JCn2QyvLQEM

[alexsandria]

Please I may not be the only lame man here I've longing to know why People typically use bitcoin mixers to mask any previous "questionable" transactions from the bitcoin that they are likely cashing out in their real name. Now let me know about purpose of mixing bitcoins.

Anonymosity is very special to individual specially if you got a transaction that includes a huge amount of money. Erasing your identity is crucial since typically those who have transactions with huge amount of money are attention grabbing for hackers. It is safe to say that knowing the transaction itself by you and only you will take you far away from hackers. Besides, your money is secured and your life as well. Although they are cashing out the money by their real name but at least they are away from tracking in the means of sourcing out their funds or whatsoever it is.

[lionheart78]

Please I may not be the only lame man here I've longing to know why People typically use bitcoin mixers to mask any previous "questionable" transactions from the bitcoin that they are likely cashing out in their real name. Now let me know about purpose of mixing bitcoins.

Bitcoin transaction is transparent and traceable, with the use of mixer, it is said that it  "covers" the transaction history of bitcoin when it passes the mixer.  Many use it for anonymity, privacy stuff, so that the receiving end will not detect where this Bitcoin came from.  Several online casino gamblers uses this service to cover the traces that Bitcoin came from gambling, since there are exchanges that do not accept funds from gambling casinos

[Rodeo02]

most often people do this in order to hide some dubious purchases or payment for dark services. but it’s also possible that people simply don’t want anyone to know who owns the bitcoin address

exactly there are people using it from darkweb so they can freely  buy sell things there. other reason is the funds they want to widraw is came from gambling there are country that illegal to use/play online gambling/ casino you need to use mixer so they cant tract where is the bitcoin came from.