Post
Topic
Board Bitcoin Discussion
Re: Any mixing services siezed / shut down by law enforcement?
by
iluvpie60
on 25/07/2017, 15:25:46 UTC
The reason for bitmixer.io's closure has been outlined by themselves here: https://bitcointalk.org/index.php?topic=2042470
As far as I'm aware, Bitcoin tumblers are legal and no such service has been seized (or at least the public is not aware of it). I could be wrong, but logic dictates that that guy is.

That guy is active mainly on illegal markers subreddits, so it could be LSD talking.

I know that mixers are legal, but while they are not illegal yet, it's just a matter of time before they become illegal and in that case BitMixer.io would be the first target. That's probably the reason why the admin decided to stop it while it's safe.

That doesn't really make sense though.

a mixer just mixes your btc and charges you a certain fee.

Or you could send to an exchange(most don't make you verify your identity). then once at the exchange those coins get mixed in with the exchange addresses coins. you can convert your btc into any coin. make a new wallet address and send to it, send to another exchange and convert that back to btc.

there are exchanges in so many different countries it would be impossible to get the data from each exchange, not to mention many countries don't require any business license to operate.

so if they close down and sieze any mixers, you just use an exchange. or, go to a btc gambling site and do low bets for awhile.

say you want to bet through 1 btc, bet 100 times at .001 each time with a 50% chance of winning. you might lose a lil bit, but that is likely faster than doing an exchange.

many ways around it.

especially sites that let you directly convert from one to another, what is it called, shapeshift lets you do it? Changely also?

many services.