Any free ways to anonimize your bitcoins?

[manicminer]

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?

[1714093810]

1714093810

[1714093810]

1714093810

[hilariousandco]

Well that might work because I think SR has its own internal tumblers that mix the coins, but people can work out what SR wallets they use so it's probably not 100% safe. And it's probably best sending them to a new wallet if you're trying to remove the traces back to your name.

[LiteCoinGuy]

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

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

[046738]

not free, but low fees   https://bitmixer.io/

[Bitcoin++]

Isn't it sufficient to transfer from your wallet => any exchange => a second wallet you own (where no one knows the addresses belong to you)?

Now it's only you and the exchange that knows the second wallet belongs to you. If you registered with a false name, not even the exchange knows.

Am I right?

[Meuh6879]

not free, but low fees   https://bitmixer.io/

exactly.

[DubFX]

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

[franky1]

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?

deposit them into an exchange and then withdraw. you end up with different coins, as exchanges act like a mixer. and the better part is you dont have to touch legally dodgy sites like silk road.

other options are to swap it for litecoins. and take those litecoins out and then use the litecoins on another exchange to convert back to bitcoins

[Mitchell]

not free, but low fees   https://bitmixer.io/

If you mix 1BTC with three forward addresses you will get 0.9935BTC back. Not bad if you ask me
Their fee is 0.5% plus 0.0005 BTC for every forward address.

[jaberwock]

Use playt.in it is free. It is gambling site but also a mixer.

[NUD]

We are the first anonymous coin with a practical solution to reducing taint, we happen to be Tor based.

You can download our client and check "Send by delegate".

[Joe_Bauers]

The best way I can think of is to give them to me. I won't tell anyone.

[Beliathon]

The best way I can think of is to give them to me. I won't tell anyone.

LMAO

[S4VV4S]

The best way to completely anonimize your coins is the following:

a) Send the coins to Mixing Service A and have the mixed coins delivered to one of your addresses.
b) Send the coins to Mixing Service B and have the mixed coins delivered to one of your addresses.
c) Send the coins to Mixing Service C and have the mixed coins delivered to one of my addresses.

NOBODY will ever know that you ever had those coins
Vanished forever!
Guaranteed!!!

[RUEHL]

Isn't it sufficient to transfer from your wallet => any exchange => a second wallet you own (where no one knows the addresses belong to you)?

Now it's only you and the exchange that knows the second wallet belongs to you. If you registered with a false name, not even the exchange knows.

Am I right?

deposit them into an exchange and then withdraw. you end up with different coins, as exchanges act like a mixer. and the better part is you dont have to touch legally dodgy sites like silk road.

other options are to swap it for litecoins. and take those litecoins out and then use the litecoins on another exchange to convert back to bitcoins

Both of the above are correct.  I find it funny seeing people chasing a thief through the block chain.  The thief kept using mixers but even then, he was still relatively easy to chase.

If the thief were to simply use an exchange that doesn't use ID Verification, the outgoing coins should be unrelated.

[OROBTC]

...

My experiences only (none FREE, but at low cost):

1) I sent BTC from my blockchain.info wallet via sharedcoin.com to my Multibit wallet

2) Then sent about as much back to my first account via bitmixer.io.

Both seemed to work fine for me, transactions all done (inc. a confirmation or two) in about an hour, per transaction.  So it does take some time to use two services in a row, and there are some (low) costs, but in combination they seem to work well.

***

I also did the reverse starting from Multibit wallets to blockchain.info (via bitmixer.io) and then back to Multibit via sharedcoin.com.  I did all of this about eight times, and now have my BTC in four wallets (one on blockchain.info and one each of my three computers).

It *seems* to cover the trail pretty well, especially in that it looks like each service uses an intermediary wallet.  But, I am not an expert and would like to learn more!

Especially about other well-regarded mixing services

AND

any other easy techniques that help cover the trail of little fishez like us seeking financial privacy.

[Bitcoin Magazine]

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?

when i'm using agora i'd like to change the btc address every time

cause the #cops don't know whether the #weed is for violence or peace

[Pente]

You can also buy an altcoin on one exchange, send the alt to another exchange, then convert back to bitcoin.

One important thing is how many bitcoins are you trying to anonymize. A few hundred or even a few thousand is probably no trouble, but when you get up to more than 10k bitcoins, I think the trail will be more obvious. To anonymize that much would start to involve major slippage or a lot more work.

As Bitcoin (and other cryptocurrencies) grows, it will get easier and easier to anonymize large sums of money. Exchanges all over the world, some in places that don't follow KYC/AML rules, others that don't really have a subpoena process, large altcoin economies to shift, Darkcoin growing, ect.

Hiding(anonymizing) a $million dollars a day in bitcoin is fairly easy right now. In another 5 years, you could probably hide a $billion dollars a day with no problem. And in 10 years, maybe a $trillion dollars a day with no problem.

[haploid23]

Another advice that I haven't seen anyone give: After you send them to mixers (exchange to dedicated services), don't withdraw the same exact amount, and withdraw them at different times. I just adds another layer of security. For example, if you send 100btc to an exchange, withdraw 25btc first, then 43btc, then the last 32btc. Do it in random time intervals.

[cr1776]

The best way to completely anonimize your coins is the following:

a) Send the coins to Mixing Service A and have the mixed coins delivered to one of your addresses.
b) Send the coins to Mixing Service B and have the mixed coins delivered to one of your addresses.
c) Send the coins to Mixing Service C and have the mixed coins delivered to one of my addresses.

NOBODY will ever know that you ever had those coins
Vanished forever!
Guaranteed!!!

The problem with using the exchanges is that you do not know if they are logging the information.  Ditto if the mixing services are not anonymous and they keep logs, then you could be tracked.

A lot depends on the threat you are trying to avoid attack from - is it just a regular person or is it a well funded group who may have compromised any of the exchanges.  

Certainly for most "foes" the above is sufficient.  For some foes of the Edward Snowden variety, it is not.  

DarkWallet will help, other options, even alts like dark coin may too.
 
:-)