mindrust
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December 04, 2023, 01:10:08 PM |
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Since mixers will be soon be rejected on the forum due to the heat they are bringing from the government, do you think that the reputation of the forum and the rejection of these mixers from the forum will be enough to force them to change the way they mix their coins?
A crypto mixer is a crypto mixer. Nobody can change this fact. The biggest problem is that they don't do KYC which is essential to any crypto mixing business because people mix their coins to stay anonymous. The thing is, governments don't like that a bit. They want to know about every crypto user in existence. What they are buying, what they are selling, how much they are holding etc. Non-KYC Casinos used to act like mixers too but those days are long gone because all of them have KYC in their ToS now.
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Coyster
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Playbet.io - Crypto Casino and Sportsbook
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December 04, 2023, 01:29:57 PM |
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let them involve for KYC verification, many coins we mix that worth million dollars all are stealing funds and that's while they only look for privacy.
So you believe that only people who steal funds seek privacy, that is a ridiculous thing to say. You fail to understand something here, how can you use a platform to seek privacy, but lose the same privacy from the beginning when you pass KYC. the privacy we are talking about, as cryptocurrency chief, from your understanding do you think everything about cryptocurrency transactions and about mixers we claim that they are into privacy transactions is real..if whatever we do with all this mixers is private so while is that FBI still track and also know any transactions of this large amount been done in this particular mixing platform.
The websites of mixers isn't a secret and it is possible for blockchain analysis corporations to link an address belonging to a mixer or to know when a coin was mixed, but what mixers do is to obfuscate the source of your coins, and blockchain analysis finds it very difficult to link the inputs to the outputs, and many times what they basically do is "guesswork", that's why they use centralized exchanges to confiscate mixed coins even when the user wasn't involved in any criminal activity.
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GeorgeJohn
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December 04, 2023, 03:22:04 PM |
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let them involve for KYC verification, many coins we mix that worth million dollars all are stealing funds and that's while they only look for privacy.
So you believe that only people who steal funds seek privacy, that is a ridiculous thing to say. You fail to understand something here, how can you use a platform to seek privacy, but lose the same privacy from the beginning when you pass KYC. the privacy we are talking about, as cryptocurrency chief, from your understanding do you think everything about cryptocurrency transactions and about mixers we claim that they are into privacy transactions is real..if whatever we do with all this mixers is private so while is that FBI still track and also know any transactions of this large amount been done in this particular mixing platform.
The websites of mixers isn't a secret and it is possible for blockchain analysis corporations to link an address belonging to a mixer or to know when a coin was mixed, but what mixers do is to obfuscate the source of your coins, and blockchain analysis finds it very difficult to link the inputs to the outputs, and many times what they basically do is "guesswork", that's why they use centralized exchanges to confiscate mixed coins even when the user wasn't involved in any criminal activity. What do you think is objective of any mixer, the aim of a mixer is to a coin without been traceable,and mainly people use mixer to mix a coin they from stealing, out of hundreds percent people that makes use of a mixer seventy five [75] percent of them is into money laundering and scamming, so people that mix a genius coin is few people, in which I can not give the statistics, I'm not disputing the fact that you are not right from your perspective, but I want you to understand that they use mixer for more illegal than the legal..so while do you think that law enforcement agencies come after chipmixer and sinbad? And what crime do you think they committed.
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TheUltraElite
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December 04, 2023, 03:46:50 PM |
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Since mixers will be soon be rejected on the forum due to the heat they are bringing from the government, do you think that the reputation of the forum and the rejection of these mixers from the forum will be enough to force them to change the way they mix their coins?
The forum is a place to discuss about things and that includes mixers. The stance that the administration here faces mixing services with may influence the way they market their services in the forum but it is unrealistic to think that forum policies will influence them on how they function. After all, there is a huge world outside this forum which influences these services way more because it part of their customer base. Mixers are out of this forum from the coming year, no use shedding tears about it.
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rat03gopoh
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December 04, 2023, 03:49:58 PM |
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This forum is not just an ideal marketing space for them, it is also to gain trust. You know that this forum has more established members with good technical backgrounds than other forum users. There may be a lot of advertising space out there, but I doubt if a mixer could make it big without including this forum in their journey.
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target
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December 04, 2023, 03:57:28 PM |
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The Bitcoin Adnetworks I guess would accommodate them this is if they are allowed also. But they may find a way to develop wallets instead just like the wasabi just to be able to advertise in the forum otherwise they may move to other crypto communities or forums where crypto is massively used like the hacksforum.
Anywhere today even in the business forum, crypto is being discussed though so it's just a matter of time before the advertisers will eventually move on.
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Mpamaegbu
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December 04, 2023, 07:37:48 PM |
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...do you think that the reputation of the forum and the rejection of these mixers from the forum will be enough to force them to change the way they mix their coins?
Even if mixers find a different modus operandi, I think they will still be found out. Those hunting down mixers also have criminally minded individuals among them that can decode any disguise. You know that thing they say in our local parlance that which makes the skunk stink is in its blood, not outward. Talking about forum reputation, I think mixing firms are more likely to take their businesses out of here to other fora which will entertain them. It's not as if they're going to shutdown.
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LTU_btc
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December 04, 2023, 08:14:35 PM |
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If mixers would change way they mix coins, then they would lose whole it's purpose. People who use mixers want to stay anonymous and in many cases wash their dirty money. These things obviously isn't acceptable for governments. If mixers would introduce things like KYC or similar shit, it wouldn't be mixer anymore. I think that nothing won't change except that mixers lost place to advertise. Governments will continue to chase mixers and probably we will see more mixers getting seized. If the mixer not earn as much as before when they were still in this forum: they might change their project or rebrand to new one into Coinjoin or P2P/Swap exchange.
I think that you overestimate power of Bitcointalk and how much it affects mixers. Forum for them was more just a place to advertise and gain reputation. But I'm wondering how many Bitcointalk members were active users of mixers. I think that main part of mixer users isn't here.
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SatoPrincess
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December 04, 2023, 08:41:07 PM |
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I don’t see mixers making any changes to how they operate. Adopting kyc is not a option, the purpose of a mixer is to conceal any links between the bitcoins and the identity of the owner. Bitcoin mixers are supposedly the solution to the pseudonymous nature of Bitcoin. I read @GeorgeJohn comment on this subject, he holds the opinion that mixers are mostly used by criminals. It’s surprising to me that someone who’s been in this space for years would think in such a way, bear in mind that the same thing has been said of Bitcoin over the years. The government used the media to spread propaganda that Bitcoin is only used by drug dealers, traffickers, fraudsters and all the worst kinds of people.
Mixers offer a service that attracts people from both side of the coin…good and bad. There are bitcoiners who use mixers just to severe any connections to their addresses for privacy reasons. Bitcoin transactions are recorded publicly and anyone who knows my bitcoin address can monitor and track my transactions. This alone is enough reason to employ the services of merits. Simply shuffling your coins through a couple of address would not break the link to the parent address.
After mixers, what next? Will privacy coins be the next target the government will go after?
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hugeblack
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December 05, 2023, 06:36:30 AM |
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I read @GeorgeJohn comment on this subject, he holds the opinion that mixers are mostly used by criminals. It’s surprising to me that someone who’s been in this space for years would think in such a way, bear in mind that the same thing has been said of Bitcoin over the years.
Talking now about central mixers, saying that they are central and that whoever manages these services is the one who determines how to use them. They can be managed by the government (or parties ready to cooperate with the government) and break the link, but they will know everything about you. some decentralized solutions such as CoinJoin, Whirlpool, JoinMarket, or central solutions based on decentralized networks such as P2P BTC --> XRP --> BTC Even governments do not consider these mixtures illegal, but there is legislation that will be issued after several months that may consider all of these methods illegal.
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EarnOnVictor
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December 05, 2023, 04:25:31 PM |
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Since mixers will be soon be rejected on the forum due to the heat they are bringing from the government, do you think that the reputation of the forum and the rejection of these mixers from the forum will be enough to force them to change the way they mix their coins?
My answer is, Never! M*xers have their objectives that are not straightforward, and the mode of operation will always land them in the black book of the governments. They are to increase the privacy and anonymity of Bitcoin in a bid to make a transaction untraceable, there is no way evil doers will not be bringing business to them. Even if they would be doing this with the core mind of Bitcoin itself, what about those who patronise them? Meanwhile, Bitcointalk is not the only place they can advertise their service, they will go elsewhere and will continue to advertise and operate. So, Bitcointalk is not enough to flush them out, but it is enough to keep us out of the trouble they can bring to us.
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electronicash
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December 05, 2023, 07:36:56 PM |
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Since mixers will be soon be rejected on the forum due to the heat they are bringing from the government, do you think that the reputation of the forum and the rejection of these mixers from the forum will be enough to force them to change the way they mix their coins?
its the users that might change their ways. if we are not exposed to mixers, we may just be moving our coins to privacy tokens like XMR or Zcash. the forum will still be bitcointalk nothing will change but only the coins they will use. it's been proven that the government couldn't break XMR. they hired someone if i remember but XMR continues its reign. but maybe the mixers will also advertise somewhere there are plenty of crypto forums this time. some are project-specific.
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CryptSafe
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December 07, 2023, 02:10:44 PM |
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Mixers support privacy and that is the major aim of Crypto and Bitcoin where by a clients Identity is protected by not allowing any trace to their transactions. This is the same reasons too government agencies are after mixers because they feel mixers are supporting illegal activities which would warrant scrutiny to ascertain the originality and end result of whatever funds coming in and going out.
As you have asked OP, I believe too there are other means by which or through which mixers can do their adverts and promotions. Other platforms are ready and willing to accepting mixers to operate on their platforms because as a matter of fact, mixers are the wave makers and from looks, they attract traffic to platforms they operate on and if I am not mistaken, mixers are good contenders in the industry.
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coin-investor
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December 07, 2023, 03:20:53 PM |
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Since mixers will be soon be rejected on the forum due to the heat they are bringing from the government, do you think that the reputation of the forum and the rejection of these mixers from the forum will be enough to force them to change the way they mix their coins?
Is the forum that powerful to change the business model of any business I don't think so, mixers will always be mixers, casinos will always be casinos and exchange will always be exchange, and only the regulators can change the business model of a platform but never a forum, I don't think we have one case that it happens. They still have the search engine and darknet for these mixers. Bitcointalk is just one and not the only one where platforms can advertise their platform the internet is so huge that platforms can meet potential clients, and many people are still not aware of Bitcointalk, even though they are Bitcoin investors.
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