Caracas (OP)
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March 07, 2015, 05:12:37 PM |
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How would I create a Bitcoin tumbler ? Is it legal to have one as long as it would only be used for legal transactions? What would I need to start?
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dothebeats
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March 07, 2015, 05:26:36 PM |
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How would I create a Bitcoin tumbler ? Is it legal to have one as long as it would only be used for legal transactions? What would I need to start?
What do you mean by a Bitcoin tumbler? Is it an object that holds water? Or any other thing? I'm confused.
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trafficolaa
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March 07, 2015, 06:09:58 PM |
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How would I create a Bitcoin tumbler ? Is it legal to have one as long as it would only be used for legal transactions? What would I need to start?
bitcoin tumbler for what purpose you will create, what you want ask or it is just typo mistake?
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CrackedLogic
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March 07, 2015, 06:40:02 PM |
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How would I create a Bitcoin tumbler ? Is it legal to have one as long as it would only be used for legal transactions? What would I need to start?
What do you mean by a Bitcoin tumbler? Is it an object that holds water? Or any other thing? I'm confused. How would I create a Bitcoin tumbler ? Is it legal to have one as long as it would only be used for legal transactions? What would I need to start?
bitcoin tumbler for what purpose you will create, what you want ask or it is just typo mistake? I think he means tumblr. You can start one. You won't need any requirements. Unless you mean a mixer, I think it is legal bit you'd need a lot of capital.
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BUY GAMESWITHBTCITCOINFORDISCOUNTEDPRICES
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Caracas (OP)
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March 07, 2015, 06:46:46 PM |
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I'm sorry you guys I meant a bitcoin mixer!
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CrackedLogic
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March 07, 2015, 06:49:17 PM |
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I'm sorry you guys I meant a bitcoin mixer!
I did some research and yep. It's legal. You're going to need some VPSs or dedicated servers if you want it to be automatic which I assume so. They'd need to be running your daemon. And a hefty cold storage sum.
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BUY GAMESWITHBTCITCOINFORDISCOUNTEDPRICES
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ikydesu
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March 07, 2015, 07:09:47 PM |
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I'm sorry you guys I meant a bitcoin mixer!
Its legal to use Check my signature, you can use mixer service there ~iki
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CrackedLogic
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March 07, 2015, 07:14:54 PM |
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I'm sorry you guys I meant a bitcoin mixer!
Its legal to use Check my signature, you can use mixer service there ~ikiHe's looking to create one, not use one.
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BUY GAMESWITHBTCITCOINFORDISCOUNTEDPRICES
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Hfleer
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March 08, 2015, 12:06:20 AM |
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Pretty sure to run a real bitcoin mixer you would have to create an amazing piece of software. I am talking .onion access site and a well thought out fully automatic algorithm.
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chmod755
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March 08, 2015, 12:43:41 AM |
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Is it legal to have one as long as it would only be used for legal transactions?
It is most likely illegal to provide a service like that since all financial services need to comply with AML/KYC regulations.
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Monetizer
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March 08, 2015, 12:52:29 AM |
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Is it legal to have one as long as it would only be used for legal transactions?
It is most likely illegal to provide a service like that since all financial services need to comply with AML/KYC regulations. Yea, it is likely you may be working with illegal funds and the such so you may run into trouble there. It would be good to see another good reputable mixing service though.
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CrackedLogic
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March 08, 2015, 05:54:03 AM |
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i feel like bitcoin mixing is a beautiful word for money laundering. it certainly looks and feels like it though. which is absolutely illegal everywhere.
If you reuse your addresses often this could greatly increase anonymity. I'll agree on the point of it generally being used for laundering and theft.
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BUY GAMESWITHBTCITCOINFORDISCOUNTEDPRICES
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shogdite
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March 08, 2015, 05:13:09 PM |
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i feel like bitcoin mixing is a beautiful word for money laundering. it certainly looks and feels like it though. which is absolutely illegal everywhere.
If you reuse your addresses often this could greatly increase anonymity. I'll agree on the point of it generally being used for laundering and theft. I think you meant to say 'decrease' anonymity No doubt mixers are used for laundering etc but I don't think we should associate them all with criminality.
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CrackedLogic
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March 08, 2015, 05:16:24 PM |
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i feel like bitcoin mixing is a beautiful word for money laundering. it certainly looks and feels like it though. which is absolutely illegal everywhere.
If you reuse your addresses often this could greatly increase anonymity. I'll agree on the point of it generally being used for laundering and theft. I think you meant to say 'decrease' anonymity No doubt mixers are used for laundering etc but I don't think we should associate them all with criminality. It's increase, is it not? Unfortunately it's the sad truth that we have to associate bitcoin and mixers with criminals. It's something that occurs naturally now.
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BUY GAMESWITHBTCITCOINFORDISCOUNTEDPRICES
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Hfleer
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March 08, 2015, 07:08:03 PM |
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i feel like bitcoin mixing is a beautiful word for money laundering. it certainly looks and feels like it though. which is absolutely illegal everywhere.
If you reuse your addresses often this could greatly increase anonymity. I'll agree on the point of it generally being used for laundering and theft. I think you meant to say 'decrease' anonymity No doubt mixers are used for laundering etc but I don't think we should associate them all with criminality. It's increase, is it not? Unfortunately it's the sad truth that we have to associate bitcoin and mixers with criminals. It's something that occurs naturally now. I don't think it is associated in such a way. Most people have simply never heard of it and would not be able to explain what it is originally for.
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██████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████
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medUSA
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--Signature Designs-- http://bit.ly/1Pjbx77
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March 08, 2015, 07:39:15 PM |
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I believe it is not too difficult to write a program for a bitcoin mixing service. The concept is pretty easy and it will not be difficult for an experience programmer. The difficult part is getting the capital and establishing trust in the community. There is already an established mixing service in the community and it will be difficult for you to enter the mixing market charging the same fee.
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CrackedLogic
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March 08, 2015, 07:51:18 PM |
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i feel like bitcoin mixing is a beautiful word for money laundering. it certainly looks and feels like it though. which is absolutely illegal everywhere.
If you reuse your addresses often this could greatly increase anonymity. I'll agree on the point of it generally being used for laundering and theft. I think you meant to say 'decrease' anonymity No doubt mixers are used for laundering etc but I don't think we should associate them all with criminality. It's increase, is it not? Unfortunately it's the sad truth that we have to associate bitcoin and mixers with criminals. It's something that occurs naturally now. I don't think it is associated in such a way. Most people have simply never heard of it and would not be able to explain what it is originally for. However once they hear the term mixer and money In the conversation, they're usually going to ask something along the lines of "is it legal?"
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BUY GAMESWITHBTCITCOINFORDISCOUNTEDPRICES
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Malin Keshar
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March 09, 2015, 12:49:47 AM |
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As far I know tumbler is a micro blog social network.
I don't know why it would be illegal use it for BTC, but I don't know how to use it for BTC transactions
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Hfleer
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March 09, 2015, 01:00:48 AM |
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i feel like bitcoin mixing is a beautiful word for money laundering. it certainly looks and feels like it though. which is absolutely illegal everywhere.
If you reuse your addresses often this could greatly increase anonymity. I'll agree on the point of it generally being used for laundering and theft. I think you meant to say 'decrease' anonymity No doubt mixers are used for laundering etc but I don't think we should associate them all with criminality. It's increase, is it not? Unfortunately it's the sad truth that we have to associate bitcoin and mixers with criminals. It's something that occurs naturally now. I don't think it is associated in such a way. Most people have simply never heard of it and would not be able to explain what it is originally for. However once they hear the term mixer and money In the conversation, they're usually going to ask something along the lines of "is it legal?" Indeed. Mixing money sounds like washing/laundering money...
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mezmerizer9
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March 09, 2015, 01:09:09 AM |
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As far I know tumbler is a micro blog social network.
I don't know why it would be illegal use it for BTC, but I don't know how to use it for BTC transactions
he ment a bitcoin mixer, not tumblr.
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