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Author Topic: Bitcoin anonymous?  (Read 1980 times)
txbtc (OP)
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August 23, 2014, 03:48:56 AM
 #1

 hello one question,Is Bitcoin anonymous?
Milkcookie
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August 23, 2014, 04:02:09 AM
 #2

No its not
dodgecharger
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August 23, 2014, 04:15:20 AM
 #3

It is considered pseudo-anonymous. With casual usage, it is not very anonymous at all. Transactions occur between cryptographic addresses and anyone can create any number of these addresses. However, Bitcoin transactions can be traced back to your IP address
ranochigo
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August 23, 2014, 04:19:25 AM
 #4

It can be considered as partially. You do not need verifications to create addresses and use them. You do not have to state your name or expose your private keys when making purchases. However, since all the transactions can be seen on the blockchain, if the address can be linked back to you by sources, people can monitor your activites. Using a new address for each purchase and using a mixing service can easily migrate this kind of risks.

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ranochigo
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August 23, 2014, 04:22:46 AM
 #5

It is considered pseudo-anonymous. With casual usage, it is not very anonymous at all. Transactions occur between cryptographic addresses and anyone can create any number of these addresses. However, Bitcoin transactions can be traced back to your IP address
Bitcoin transactions cannot be traced back to your IP address. Bitcoin transactions are broadcasted across nodes and only the node's IP address which first relays the transaction is displayed. They can be broadcasted using a shared wallet so the IP address is not accurate. Unless you state your IP address somewhere along with your address, no one can find out about your IP address. Also, if you are paranoid about this, you can always use tor to broadcast your transactions.

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botany
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August 23, 2014, 12:23:33 PM
 #6

Good explanation in the FAQ of bitcoin.org

https://bitcoin.org/en/faq#is-bitcoin-anonymous

Bitcoin is designed to allow its users to send and receive payments with an acceptable level of privacy as well as any other form of money. However, Bitcoin is not anonymous and cannot offer the same level of privacy as cash. The use of Bitcoin leaves extensive public records. Various mechanisms exist to protect users' privacy, and more are in development. However, there is still work to be done before these features are used correctly by most Bitcoin users.

Some concerns have been raised that private transactions could be used for illegal purposes with Bitcoin. However, it is worth noting that Bitcoin will undoubtedly be subjected to similar regulations that are already in place inside existing financial systems. Bitcoin cannot be more anonymous than cash and it is not likely to prevent criminal investigations from being conducted. Additionally, Bitcoin is also designed to prevent a large range of financial crimes.

cryptworld
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August 23, 2014, 12:37:38 PM
 #7

it is not anonymous as soon as you write your address in some place in the internet that address is not anonymous any more and linked transactions with that address may not be anonymous either
Wusolini
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August 23, 2014, 01:48:29 PM
 #8

hello one question,Is Bitcoin anonymous?


Not itself, depends on how you handle with your address (if you post your name and addy together, anonymity is gone).
Use pseudonyms and new addy for every transaction, that should give you certain level of anonymity.

PangPang
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August 23, 2014, 01:51:22 PM
 #9

it is not anonymous as soon as you write your address in some place in the internet that address is not anonymous any more and linked transactions with that address may not be anonymous either

And that's why you should never ever reuse your addresses if you want to have better privacy. Smiley

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August 23, 2014, 02:19:14 PM
 #10

It is to a certain extent but once you use your address you no longer have the same amount of privacy that you had before which is why it is wise to use different addresses to keep your privacy if you wish to.
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August 26, 2014, 12:56:47 PM
 #11

I would use XMR if you are looking for total anonimity tho
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August 26, 2014, 03:27:54 PM
 #12

Bitcoin is anonymous is the fact that it's not a centralized currency like the other e-currencies and doesn't need any verification,But the transactions are public so its semi anonymous
griffinriz
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August 26, 2014, 03:30:52 PM
 #13

Bitcoin is not anonymous, you can see all the transcations on blockchain.info. Monero is a truely anonymous coin.
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August 26, 2014, 03:58:47 PM
 #14

Bitcoin transaction is public. Everyone can see it on the blockchain.
But if you do things right, it should be very hard to connect the bitcoin address to the person behind it.

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August 26, 2014, 04:11:41 PM
 #15

No its not

Not entirely true.

Anonymity on bitcoin is largely depend on how you use it.
Hash Master
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August 27, 2014, 06:32:23 AM
 #16

It's not. You still have the information written in a public ledger, called block chain.
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August 27, 2014, 07:28:17 AM
 #17

It's partially anonimous, the transactions can be tracked through blockexplorer's websites but if someone use often the mixing services, it's really hard to follow their routes.
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August 27, 2014, 08:19:48 AM
 #18

It's partially anonimous, the transactions can be tracked through blockexplorer's websites but if someone use often the mixing services, it's really hard to follow their routes.

Even if mixed if he would go to spend it someone would know he is receiving item/service if you buy something.

My advice is if your that worried about what your spending it on you should rethink what your buying.
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August 27, 2014, 08:30:12 AM
 #19

Bitcoin isn't anonymous, if you want to hide something maybe it's better to try some altcoins built with that in mind.
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August 27, 2014, 02:44:16 PM
 #20

Why couldn't make they Bitcoin totally anonymous? this is kinda sucky. I dont want to know that i moved money to another country or some shit, no one wants that but thats the point of Bitcoin, so why not make it anonymous from the let go?
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