How necessary is tumbling Bitcoins? (Bitcoinfog)

I'm asking because it says the minimum withdraw amount is 0.3BTC. In my case this is too much, I'm only looking to make small, personal purchases.

So do I really need to tumble my coins? Is there an alternative?


Comments


[6 Points] LongLiveThe_King:

The actual minimum is lower than that, they just haven't updated the page.

Tumbling is important and you should always do it when adding funds to a market wallet, especially if the BTC can be directly traced back to you.

Look at the sidebar and on the wiki for alternate tumbling methods.


[2 Points] sohhlz:

The actual minimum is 0.035 , which is much more reasonable. You can see the current minimum amount once you create an account and go to the withdrawal page.


[1 Points] CDRCRDS:

tumbling is not really a big deal if youre not a vendor or you're not making taxable living incone (Over $23 000 in Canada)


[1 Points] InfinitelyOutThere:

Theres a concept I adhered to called dirty and clean laundry.

Bitcoin is safe to openly transfer if and only if

Steps to safely buy coin:

  1. to stay safe, buy bit coins with cash at LBC, Coinbase for convenience.

  2. send to a new, never touched wallet on blockchain for convenience.

  3. using shared send, sent to btc fog.

  4. from btc fog, send to the market OR a new clean wallet for safe keeping.

This effectively washes your coin.

GL, and ask me or the mod team any questions.

~Infinite


[0 Points] None:

dont want to sound stupid but can you define tumbling bitcoins?


[-2 Points] YeahYeahKid:

I wish they could make a sticky about this. If you dont want to tumble then dont tumble its that fucking simple. We aren't your parents or your girlfriend, we arent telling you what to do. We are telling you what WE would do. If you get caught its your ass in jail not ours so "Do whatever the fuck you wanna do".