What I need to do is put the cash into Bitcoin and the next move is to move it into another crypto such as Monero, Darkcoin, Ripple, Litecoin or whatever. Doing this will break the blockchain connected to Bitcoin thus the trace to me is lost. I can then rebuy some bitcoin with a clean blockchain and without any worries be able to sell the bitcoin somewhere like LocalBitcoins-com without a concern of it coming back to me and the person that I sell my coin to is safe and getting clean coin. Using mixers or wallet from what I am finding WILL NOT IN ANY WAY MAKE THE COIN CLEANER AND UNTRACEABLE. It is only when I break the blockchain by moving to another crypto that I am really getting rid of the blockchain and any way the chain of custody from the sender to me is broken.
Your plan is needlessly complicated. The purpose of a mixer is to give you new coins that are not connected to your old coins in any way. You don't have to switch currencies to "break the blockchain". A good mixer should be sufficient.
Even just depositing and withdrawing coins at an exchange can also be sufficient because it works just like a mixer: the coins you withdraw are not connected (in any meaningful way) to the coins you deposit because they come from a wallet shared by all customers. For example, if you send your coins to localbitcoins and then sell them, the buyer will get coins that are not connected to your original coins.
The drawback to using mixers and exchanges is that they keep records of your transactions, effectively maintaining the trail, though not in the block chain. Please note that simply switching currencies does not help because these transactions are also recorded.
The only way I know to break the chain completely is to switch to an anonymous currency, such as Darkcoin, which has anonymous mixing built in.
I normally use TOR when doing much of anything. So why not just use TOR.
TOR has no effect on how transactions are recorded in the block chain. It prevents sites you are connected to from knowing your IP.
I am reading up on Sharedcoin now. Anyone have any good links? If I were making millions then I would think there would be no way to move that around. I would have to hire some people to do that. I would love to find a good method then make some worthwhile donations.
It's really simple, you login at blockchain.info, at Sending Money choose SharedCoin, send, and it's done.
Blockchain.info's shared coin is not completely anonymous because it is susceptible to statistical analysis.
But what would happen if the coins you receive back from a mixer or from withdrawing your coins from an exchange come from criminal precedence?
For example, im a good guy not doing anything illegal I just want to stay anonymous for the sake of it. I use a mixer, but then those coins come from a criminal activity. Isn't this defeating the point or im missing something?