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Author Topic: Any free ways to anonimize your bitcoins?  (Read 3062 times)
Ximp
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June 09, 2014, 06:55:28 PM
 #21

1. Send your btc to an exchange

2. Buy darkcoin with the btc and send those to a wallet

3. Send them anonymously to another darkcoin wallet.

4. Open another exchange account and sell your darkcoin for btc.

5. Create another wallet address for btc and send newly purchased btc to account.
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June 09, 2014, 07:05:58 PM
 #22


Can someone enlighten me?

I must be missing something since most people's solution involves more complication than I thought required.
Why couldn't a person just create a few one-time-use wallets, use tor and transfer the coin through those wallets to a final destination address, and then delete the intermediary wallets. Those addresses would never appear again in the blockchain, so how could someone prove they belong to you?


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June 09, 2014, 07:16:09 PM
 #23

^ If you send them from wallet to wallet, it's the same bitcoins moving, which can be traced.

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June 09, 2014, 07:21:58 PM
 #24

No need to convert to an altcoin or use a mixer. Simply send your BTC to Bter or Mintpal and then withdraw to new wallet. Done!
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June 09, 2014, 09:49:49 PM
 #25

Send to an exchange. Transfer to another exchange. Withdraw.

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June 09, 2014, 09:54:42 PM
 #26

As others have said, send to an exchange or a casino. Just don't be tempted go gamble them  Grin.
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June 09, 2014, 09:59:13 PM
 #27

If I were the FBI or Interpol I would set up a dozen mixer sites out there, with the best interface and lowest fees; and quietly stamp out or co-opt any real ones.  That way I would get a list of suspicious bitcoin users and I would not have to chase their btcoins in the blockchain.

Fortunately the FBI and Interpol are dumber than me.  Cheesy

Academic interest in bitcoin only. Not owner, not trader, very skeptical of its longterm success.
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June 09, 2014, 10:05:03 PM
 #28


^ If you send them from wallet to wallet, it's the same bitcoins moving, which can be traced.

I don't want to waste anyone's time, so if there is something online I can read, please say so.

I thought that the addresses and transactions are traceable and part of the blockchain history, but how would the coin itself be traceable? Transactions just consist of moving amounts from one address to another, right? As I understand it, you can't tell where my coin came from except only by looking at transaction history in the blockchain, and if you don't know who has the private key to those sending addresses, how is it traceable?

Guess it's time to go read the whole satoshi white paper...


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Malin Keshar
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June 09, 2014, 10:27:41 PM
 #29

dark-wallets(but they are very experimental at the moment).

some underground exchange that allows you deposit and withdraw without need of verification, use high anonymous proxy or tor.

mixers.

buy the coins using fake identities or from someone of your real life.

Think this are the best ways, depends from who you are hiding.
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June 09, 2014, 10:39:51 PM
 #30

Always connect through Tor and you are completely anonymous that way.

Bitshares - advanced decentralized exchange and asset platform.
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June 10, 2014, 12:04:03 AM
 #31

Blockchain has it's shared transactions too but there is some fee for each repetition.

Blockchain.info shared coin is the best option for now. It does not completely disconnect the chain of payments, but it is safe and easy. Expect all wallets to have this feature in the future.

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June 10, 2014, 12:19:47 AM
 #32

I mean, to disconnect them from your name.

A Reddit user suggests to send your bitcoins to a Silk Road wallet, then back to another wallet/address:
http://www.reddit.com/r/Bitcoin/comments/1c8yb3/a_stepbystep_guide_to_creating_an_anonymous/c9e99nu

However I am confused: do you actually have to send them to a new wallet as well? A new address in the same wallet (such as Qt, Electrum) will not suffice?

This is the best I've seen http://bitmix4you.com/
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June 10, 2014, 01:20:46 AM
 #33

Does SharedCoin (on Blockchain) not do an adequate enough job?
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June 10, 2014, 02:03:16 AM
 #34

maybe you have to wait for Zerocoin for that...

https://bitcointalk.org/index.php?topic=362468.msg3878992#msg3878992

I  think so.
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June 10, 2014, 04:10:57 AM
 #35


^ If you send them from wallet to wallet, it's the same bitcoins moving, which can be traced.

I don't want to waste anyone's time, so if there is something online I can read, please say so.

I thought that the addresses and transactions are traceable and part of the blockchain history, but how would the coin itself be traceable? Transactions just consist of moving amounts from one address to another, right? As I understand it, you can't tell where my coin came from except only by looking at transaction history in the blockchain, and if you don't know who has the private key to those sending addresses, how is it traceable?

Guess it's time to go read the whole satoshi white paper...



coins ARE tracked.  coins and pieces of coins move from address to address.  all movement is recorded forever.  the blockchain keeps ONLY a record of creation of the coins and afterwards the movements from address to address.   there is no calculation of the total.  the client checks the blockchain movement records from the beginning of time and calculates the total for the addresses you have in your wallet. 

this is my interpretation. someone can elaborate with a technical explanation on this subject or totally fud my statement.
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June 10, 2014, 04:27:15 AM
 #36

not free, but low fees

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June 10, 2014, 04:46:14 AM
 #37

I'm not an elitist - I just think I'm better than you are. 

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June 10, 2014, 04:51:47 AM
 #38

Im not sure whether or not its worthwhile to mix my coins.  I mean, I dont really have anything to hide except the fact that my coins belong to me, but ultimately I will own addresses with coins in them so my problem stays.

Hopefully someone builds a client that automatically mixes anyway.
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June 10, 2014, 05:05:40 AM
 #39

like you said in OP, send to a few different exchanges (not in your name and loaded via Tor)
or use a paid mixing service.. either or really...
hmm or both

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June 10, 2014, 12:05:26 PM
 #40

like you said in OP, send to a few different exchanges (not in your name and loaded via Tor)
or use a paid mixing service.. either or really...
hmm or both

But how do you know they are not just recording the "mixing" they are doing?

If you don't have the private key for "your" bitcoins then you have no bitcoins.
There are a million bits in a bitcoin: 1 ฿ = 1,000,000 ƀ
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