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Author Topic: Why Mixing Bitcoin??  (Read 401 times)
Rodeo02
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November 05, 2019, 03:11:20 PM
 #41

Bitcoin mixing is basically about privacy, while blockchain promotes privacy to it's highest levels, it also makes every transaction accessible to anybody who cares to look, while your identity is not tied to your transactions, anybody can view every transaction you make and many people do not like this so they use bitcoin mixers to mask their transactions.
And other people use that if they are hiding something and they don't want to reveal where the balance came from. Even gamblers use this mixer so they can convert it to Fiat easily without being questioned where the balance came from before they convert it to fiat because some exchange has strictly rules against gambling.
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November 05, 2019, 03:56:14 PM
 #42

By the time you heard Mixing what were you thinking? Mix, like cofffe, juice and much more. Now you add the bitcon "Bitcoin Mixer" what do you think now?
The transaction is mixed up so that it is lost and cannot be accessed by anyone. That's reasonk why there is a "Bitcoin Mixer"
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November 05, 2019, 05:04:28 PM
 #43

I am for anonymity, but I do not really like mixers because their frequent customers are money launderers, hackers, and other criminal elements.
This cryptocurrency free market is free here, everything is possible here.

But I think everything will agree with me that scammers, scammers, deceivers in the crypto industry very much damage the reputation of both the crypto community and the cryptocurrency as a whole.
In this case, the mixer acts as an excellent tool for hiding the activities of criminal elements, and I do not like it.

However, it is obvious that the very existence of mixers is not the cause of criminal activity.
Mixers allow you to remain anonymous, but if there weren’t crime, ordinary people wouldn’t need anonymity, because they need it first of all for security.

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November 06, 2019, 02:13:47 PM
 #44

I know you are curious about the use of the bitcoin mixer, it is used to disappear the traces of transactions that are done and to hide all the activities of the elements, of course the main mixer also allows us to remain anonymous, the transactions are also mixed so that it disappears and cannot be accessed by anyone, Overall cryptocurrency in general fundamentally promotes our anonymity and transparency

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logicgate
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November 06, 2019, 04:23:59 PM
 #45

Bitcoin mixing is basically about privacy, while blockchain promotes privacy to it's highest levels, it also makes every transaction accessible to anybody who cares to look, while your identity is not tied to your transactions, anybody can view every transaction you make and many people do not like this so they use bitcoin mixers to mask their transactions.
And other people use that if they are hiding something and they don't want to reveal where the balance came from. Even gamblers use this mixer so they can convert it to Fiat easily without being questioned where the balance came from before they convert it to fiat because some exchange has strictly rules against gambling.
If someone is not comfortable with sharing his holdings then it is better to not put pressure on him. It is not like he is begging for the fiat, he is giving away his asset for the conversion. If gamblers hide the source of money they get, the most affecting factor is the image gamblers have in this world. Nobody really respect them and they don't want to be tagged. Everyone has the right to protect his dignity.
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