In response to the Tumbling controversy

I assume the reason why people have lost BTC during the tumbling process is that they send'em directly to the market. This has been repeatedly said to be a way of loosing your money. Insted, the process should (for example) be: LocalbitcoinsWallet -> Tumbler (Helix light) -> Tails Electrum Wallet -> Desired DNM. I can explain said process in detail if anyone requests it. Of course you also need to sent the minimum amount said in your Tumbler's Terms.

Now i would like you make a point here regarding how tumbling actually helps anonymity. It's damn simple. Say to buy coins with your bank or at localbitoin, it just doesn't matter. Say you then send them to an intermediate BTC account, and then to a market. If you did this, it would be possible to track your coins from the DNM BTC address via Blockchain back to your LCB or Bank account. If you used LCB via VPN and buyed the BTC using cash deposit you would likely be OK. But if you did it via your Bank, now that deposit made in a DNM wallet is connected right back to your identity. And that is a no no.

Now, let's say you buy bitcoins to your fucking granny or whatever service you'd like. Then send them to Helix Light (a Tumbling service). NOW, said bitcoins just were sent to a Helix wallet, and then, an amount of BTC was sent from another Helix addresst -not connected in any way to the one you sent bitcoins to (or from multiple Helix addresses to make it even harder)- to the desired address you previously stated in Helix. Bang.

I hope what i just wrote is clear and understandable as possible. Excuse me for my grammar.


Comments


[3 Points] barbloescobar720:

Why don't you send straight from Helix to markets? I've done $10k plus that way not but one issue with Nucleus..


[3 Points] DooshNozzzle:

ey! you keep me granny outta this m8


[2 Points] Andabatarian:

I don't have the link to hand (maybe someone else does?) but there was a recent post from someone who attended a security conference that intimated new blockchain analysis techniques have rendered tumbling obsolete once and for all. Of course this is just one guy's opinion (and one you'll have to take my word on until I find the damn link).