How do you make KYCed Bitcoin not traceable to you?

[Flyingbeaver]

Is washing Bitcoin still a thing? I'm hearing it's impossible to disconnect you from the coins, and that depending on how much resources is put into it, the coins can always be traced back to you. Is this true?

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[NeuroticFish]

Is washing Bitcoin still a thing? I'm hearing it's impossible to disconnect you from the coins, and that depending on how much resources is put into it, the coins can always be traced back to you. Is this true?

If you use a good mixer it will break the link between the input money and the output, unless you use a SPV wallet and the server your wallet connects is owned by a chain analysis company, or you use a blockchain explorer linked to chain analysis.

It worth mentioning though that there are a fair number of services that consider mixed coins somewhat "tainted" and may try to confiscate that money from you for this kind of reasons. Some people do care about this, some don't, some may be knowing/avoiding them, but it's better you know this part too.

Of course, there are also P2P means of acquiring bitcoins, which may not be so easy to link to your identity.

[Flyingbeaver]

How many types of mixing methods are there?

[NeuroticFish]

How many types of mixing methods are there?

* I know of the mixing ChipMixer is doing (worth mentioning that I wear their paid advertising); if you want to use their services make sure you use the Tor link you'll see in their Announcement or on my signature and also make sure you read the FAQ
* I know of CoinJoin; some wallets do it, some mixers claim to do it, but it's not clear whether they use or not actual CoinJoin; some claim that CoinJoin doesn't look that much like mixed coins (hence some services may think they're not mixed), but some also claim the coins are also not shuffled that good and tracking can happen (the link is not 100% broken in this case)
* not actual mixing, but I'll tell about Monero too (privacy altcoin) since some bring it into this kind of discussions: if you go this path keep in mind that if the services you use to convert betwee Monero and Bitcoin may track you and make your effort worthless

[BlackHatCoiner]

the coins can always be traced back to you. Is this true?

Definitely not. Bitcoin might not be completely anonymous (as everything else accessible via the Internet), but it does provide satisfactory levels of privacy.

How many types of mixing methods are there?

Mixing across your own wallet, CoinJoining, using a reputable mixer, Lightning etc. I recommend you reading this: http://chipmixorflykuxu56uxy7gf5o6ggig7xru7dnihc4fm4cxqsc63e6id.onion/articles/basic-theory-2 (needs Tor Browser to load)

[Despairo]

Reputable Bitcoin mixer will help to break the trace of your coins, but you must make sure don't use centralized exchange if you want to trade your coins. If you use centralized exchanges, you're just kill the purpose of mixing since they will record your IP address and ask you to submit KYC. Don't believe with any centralized exchange that still offer temporary no KYC, your account will be frozen since they've track your funds come from mixer.

The best way is use decentralized exchange e.g. Bisq or trade via non custodial P2P.

Although there's many ways and sites that can mix Bitcoin, just use Chipmixer, it's currently the best mixer.

[Silberman]

Is washing Bitcoin still a thing? I'm hearing it's impossible to disconnect you from the coins, and that depending on how much resources is put into it, the coins can always be traced back to you. Is this true?

The most obvious option is to use mixers which can break the trace of your coins, however this option has many issues as some services could refuse to deal with you due to the history of those coins, another option is to find a service which does not require that you identify yourself and then you can convert to other coins and then convert them back, this way you will have coins which cannot be directly traced back to the coins you bought while identifying yourself.

[Flyingbeaver]

So would something as follows be better than coinjoining or mixing ?

1) Send KYCed BTC to a new address from Etherum Electrum wallet operating in Tails on public computer #1 at location A.

2) Create Kucoin account without KYC through the same Tails on the same USB stick as the above but from another public computer (computer #2) and a different location (location B) using different ip (ip #2).

3) Exchange BTC to XMR

4) Send XMR to a newly created cold wallet running on a Live Linux USB on public computer #3 at location C using ip #3.

5) Send %30 of the XMR to a new Hodlhodl account created throught the Live Linux USB on public computer #4 with ip #4 at location D

6) Send the remaining %70 of XMR to a new Bisq account created throught the Live Linux USB on public computer #5 using ip #5 at location E

7) Convert XMRs in both the exchanges into BTC.

8 ) Send the BTC from Hodlhodl to a new Etherum address from a new Etherum wallet on the same device as step 1.

9) Send the BTC from Bisq to a new Etherum Electrum address from the same wallet and device as step 9.

[Solosanz]

1) Send KYCed BTC to a new address from Etherum wallet operating in Tails on public computer #1 at location A.

What is Etherum wallet? did you mean Electrum wallet? you need to run it using your own server or just use Bitcoin core and run full node.

2) Create Kucoin account without KYC through the same Tails on the same USB stick as the above but from another public computer (computer #2) and a different location (location B) using different ip (ip #2).

How you can sure Kucoin wouldn't ask you to submit KYC? also you're not allowed to use VPN in order to hide your real IP address. Just avoid Kucoin if you want to achieve better privacy.

7) Convert XMRs in both the exchanges into BTC.

Which exchanges it is? as I said before, don't use Kucoin at all.

Don't forget to use Tor network when you want to access hodlhodl and bisq, it will help you to boost your privacy.

I would like to ask why you need to follow that's complicated step when you can just use Chipmixer and Bisq to achieve 100% privacy?

[Flyingbeaver]

1) Send KYCed BTC to a new address from Etherum wallet operating in Tails on public computer #1 at location A.

What is Etherum wallet? did you mean Electrum wallet? you need to run it using your own server or just use Bitcoin core and run full node.

Goodness gracious! You're right. I meant Electrum. Why not Tails?

2) Create Kucoin account without
KYC through the same Tails on the same USB stick as the above but from another public computer (computer #2) and a different location (location B) using different ip (ip #2).

How you can sure Kucoin wouldn't ask you to submit KYC? also you're not allowed to use VPN in order to hide your real IP address. Just avoid Kucoin if you want to achieve better privacy.

I thought Kucoin didn't ask for KYC for transactions less than 50 btc. I'm not using VPN. What else do you recommend besides Kucoin?

7) Convert XMRs in both the exchanges into BTC.

Which exchanges it is? as I said before, don't use Kucoin at all.

Hodlhodl and Bisq

I would like to ask why you need to follow that's complicated step when you can just use Chipmixer and Bisq to achieve 100% privacy?

I wanted to know if this method would be better in terms of effectivness. Also using Chipmixer means ill have to just trust that their method works the way they say.

Holy cow! Absolute hell multi quoting on this site!

[Husires]

Is washing Bitcoin still a thing? I'm hearing it's impossible to disconnect you from the coins, and that depending on how much resources is put into it, the coins can always be traced back to you. Is this true?

It is depend on whoever wants to track you, the more that person has access to more information, the more he can tire.

I can assume the:

• Ordinary user: use any mixer service that will break the link.
• Government or company: You must manage a full node and know how to enhance privacy.
• A person or one is ready to pay any amount to tire: Delete any application, create your own software, run it on tor and focus on make your own hardware.

[BlackHatCoiner]

So would something as follows be better than coinjoining or mixing ?

You've made it more complicated than it needs. Exchanging BTC for XMR is a great way to make yourself untraceable, no doubt. You need to be cautious, though. For instance, don't do both trades at the same day. Preferably, don't use Bisq for both trades as well, because you might have identity leak. Use Bisq to buy XMR, and Robosats to sell.

I would like to ask why you need to follow that's complicated step when you can just use Chipmixer and Bisq to achieve 100% privacy?

There's no such thing as 100% privacy. Sure, ChipMixer is great for most uses, but exchanging BTC <-> XMR and vice versa eliminates the trust required to use ChipMixer.

[buwaytress]

Worth mentioning Chipmixer is the only service that breaks chronological chain of inputs also, something to me still the most interesting way to mix, and still perhaps the method detectors use as the most logical way to trace transactions. In other words, you will get coins even older than what you send.

Note I also wear the signature so account for my bias.

Note also this is not trustless.

[Flyingbeaver]

Is washing Bitcoin still a thing? I'm hearing it's impossible to disconnect you from the coins, and that depending on how much resources is put into it, the coins can always be traced back to you. Is this true?

It is depend on whoever wants to track you, the more that person has access to more information, the more he can tire.

I can assume the:

• Ordinary user: use any mixer service that will break the link.
• Government or company: You must manage a full node and know how to enhance privacy.
• A person or one is ready to pay any amount to tire: Delete any application, create your own software, run it on tor and focus on make your own hardware.

So basically you're saying coin mixing or my method is not %100 effective and that the btc can still be traced back to you.

[Leviathan.007]

Even if you received some KYCed bitcoin from someone and the bitcoins are known to the government still you have the option to use a mixer for your own privacy and then there is less chance for bitcoins to be traced by the government or any other organization and there are many projects providing these services like ChipMixer which is famous here in the forum and many people are advertising their services.

[Flyingbeaver]

Use Bisq to buy XMR, and Robosats to sell.

How would that work? KYCed btc > cold wallet > Bisq > covert to XMR > cold wallet > Robosat > Convert to BTC > cold wallet ??

[BlackHatCoiner]

How would that work? KYCed btc > cold wallet > Bisq > covert to XMR > cold wallet > Robosat > Convert to BTC > cold wallet ??

Yes.

[Flyingbeaver]

Depending on exchange you used to obtain "KYCed" Bitcoin, they might send you warning message and demand an explanation about it.

1) Send KYCed BTC to a new address from Etherum wallet operating in Tails on public computer #1 at location A.

What is Etherum wallet? did you mean Electrum wallet? you need to run it using your own server or just use Bitcoin core and run full node.

Goodness gracious! You're right. I meant Electrum. Why not Tails?

Electrum send list of addresses (on your wallet) to Electrum server. Using Tor/Tails merely hide your true IP.

Can you walk me through the steps? Or would it be better to just use another cold wallet?

[rdbase]

If OneSignature's bitcoin can be traced back to some saying those are Satoshi's coins just from the date they were mined (nobody else had bitcoin back then so there is a good chance those were Satoshi's) then there is a good chance anybodies can be.

[kryptqnick]

It seems that there are always people who don't believe that something works. Some don't believe private blockchains (like Monero) are private, some don't believe in Bitcoin mixers. Of course, there are scammers in every field, including mixers. But it doesn't seem that mixed funds can be traced to a person. The shuffling is just good enough to make it impossible.
Another issue is, of course, that mixers might often be used by criminals, so the bits and pieces you'll get might look suspicious because a person felt a need to use a mixer. But o don't think there will be any proof, any way to link the funds that went into the mixer with those that went out of it, if a person gets them out to a noncustodial wallet.