Silk Road forums
Discussion => Newbie discussion => Topic started by: schmuckboy on February 07, 2013, 08:50 pm
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If you buy bitcoins legitimately using your real personal info, is there any way to send those bitcoins through different wallets or something until the coin isn't traceable back to you?
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I'm a newbie so this is just my 2 cents. yes you can send bitcoins to a second wallet and then send them back to your original wallet. I hear that you should stagger your return send with different amounts and different dates.
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Due to the nature of bitcoin you will only be needlessly spending your hard earned coin, but then again I've heard that it might be able to be traced. If I ever get the time to set up an extra account I might try it
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If that is one of your concerns, why don't you use the moneygram(sp?) system bitinstant gives, assuming you're in the US at least. Can be quite anonymous.
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just use moneypaks
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I use the Block Chain anonymous payment receiver. It removes all of the taint associated with the bitcoins that are sent and only takes about two hours.
:)
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If that is one of your concerns, why don't you use the moneygram(sp?) system bitinstant gives, assuming you're in the US at least. Can be quite anonymous.
Are you saying I should use fake info? Is it possible to do that? Will they ask for my ID or anything if I go up to wallmart with one of those forms?
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www.bitcoinfog.com
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..and SR tumbles the coins
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I use instawallet.org to send it through a few temp accounts before transferring to SR. I've heard the electrum BTC client automatically sends your entire balance to a temp address, the amount you entered on from there and the difference back into your original wallet. This obscures the value of the transaction. SR also tumbles when you send to your account and make any transactions. You can check blockchain.info to see what addresses sent to your SR address, and for me they never match any instawallet one i used.
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So, if my wallet is electrum wallet installed on a tails live usb there really isn't any need for extra laundering, eh?
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with SR tumbling is it really necessary to go through all these additional wallets
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isn't there a way to wash coins?
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I haven't purchased any BTC yet, but I saw no mention of an ewallet in the wiki. Despite this, I've seen users mention the ewallet numerous times.
Can somebody fill me in? Give me the 411 per say...
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Honestly your bitcoins being traced back to you/ your IP is probably the last thing that would every get you in trouble. In any case, if you are truly paranoid then make a separate blockchain that you only access through Tor, take your clean blockchain and just use the built in custom send function to anonymously send them to the "dirty" wallet. Then if you're really paranoid about being watched by the KGB you can do another anonymous send from that wallet to the road, which already has a built in tumbler. The main thing is to vary the amounts you send, as someone else already said I believe. I will say that I have done a pretty fair amount of Moneygrams for myself and others, and I have almost always used my real information. I have actually been asked for ID on rare occasions.
Anyway, remember bitcoins themselves are not illegal, and neither is trading or exchanging them. Hell, I would think even sending bitcoins to a wallet on the road is really in a legal grey area. (That's not to say that I don't take precautions myself).
Also, I haven't been recommending Instawallet as a transfer wallet anymore due to problems my friends have had with it. (Funds disappearing for over 24 hours with Instawallet support being sketchy).
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In any case, if you are truly paranoid then make a separate blockchain that you only access through Tor, take your clean blockchain and just use the built in custom send function to anonymously send them to the "dirty" wallet.
Is the 'dirty' wallet you're referring to here the sr wallet or the wallet that will then send to your sr wallet? also......what exactly is a blockchain (sorry for idiotic question, but I got to learn these things)
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The dirty wallet I was referring to is the blockchain wallet that is dedicated to Tor access only. blockchain.info (clearnet domain) is a really good wallet and also provides a search feature so that you can parse the record of the past and present bitcoin transactions that are going on. This means that if you send bitcoins to X address, you can look up said address X on blockchain's search function and it will show you how many confirmations have been attached to that transaction. A general rule of thumb is after 6 confirmations the coins will be spendable on the other end, but this number is not really concrete whatsoever. Make a wallet on blockchain and experiment around with it a little bit it's good practice.
Also note that there are many ways to work with your coins and "clean" them. This is just one of my preferred methods and I happen to like blockchain because there are more backup and security options than you can shake a stick at.
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It doesn't matter how many wallets you send your coins through the blackchain will show the BTC going through all those wallets/transactions.
In order to be anonymous you need to send BTC from several different wallets to bitcoinfog. This tumbles the coins for about 2 hours, then you can send them to your SR wallet.
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It doesn't matter how many wallets you send your coins through the blackchain will show the BTC going through all those wallets/transactions.
In order to be anonymous you need to send BTC from several different wallets to bitcoinfog. This tumbles the coins for about 2 hours, then you can send them to your SR wallet.
It's true that the blockchain will show the BTC movement, but it's only a direct wallet-to-wallet transfer if you don't use the mixed send feature of blockchain. It pretty much does the same thing bitfog does. Even if you don't use it, it's still difficult to track a transaction and pinpoint with certainty where the bitcoins came from, or who spent them. Especially when you vary the quantity that you move between wallets and do it at different times.
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Hey thanks for that I didn't know about that mixed send feature of blockchain. How do I find it?
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..and SR tumbles the coins
when i'm paid bitcoins?
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How would LE or anyone interested even know an address went to a SR wallet? How could the transaction information alone be used to identify anything incriminating?
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That's so cute.
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Hey thanks for that I didn't know about that mixed send feature of blockchain. How do I find it?
Ah sorry I was mistaken on the name, it's called "shared send" it's under the send money tab within your blockchain wallet.
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That's so cute.
I dont know the answer to the question if you do it would help a lot of newbies.
Can LE look at the SR wallet number in a transaction and know it is an SR wallet? I thought that was the point in using BTC and the blockchain or tumblr was so that t"hey" wouldnt know what wallet it went into.
Is this incorrect?
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hey bro, fyi, you don't have to wash your bitcoins, you're oh so welcome
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bitcoinfog.
fogcore5n3ovetui.onion
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It probably helps to vary the amounts of bitcoins being sent and to use different wallets etc.
But SR also apparently tumbles the coins anyway. And at the end of the day, I doubt that buying from SR is in and of itself illegal. It depends WHAT you're buying. Unless you actually get caught with an illegal product, you can always claim you were buying something that's legal in your country, such as a set of scales or some salvia.