How do I use my bitcoins on coinbase? As long as I tumble it should be fine right? I'm only asking because of the recent threads about coinbase being able to tell if you're depositing into a market. Also, what tumbling service should I use
So coinbase?
How do I use my bitcoins on coinbase? As long as I tumble it should be fine right? I'm only asking because of the recent threads about coinbase being able to tell if you're depositing into a market. Also, what tumbling service should I use
[8 Points] TeslaBenzo:
[5 Points] None:
Don't use coinbase
[5 Points] myDNMburner:
coinbase to an offline wallet to tumbler to market
[3 Points] esterbrae:
Be aware that coinbase does some very detailed taint tracking of both your incoming btc and outgoing btc. They do not disclose all their methods, but it boils down to this: virtually all DNM's today have a flaw in the hot wallets: they re-use addresses. Once these addresses become known, any coins move into them become "tainted" by association. All coins coming out of these addresses retain the taint, until they are tumbled down to the point that it is very small (likely < 1% ??)
In the mean time: Make sure that there are some hops between coinbase any address out of your control, by sending to new addresses you control. Never re-use an address. Each should have a clean single Receive, and single Transmit. If possible, use a bitcoin wallet which lets you control exactly which coins will be spent. If you dont have one, then it may be best to use paper addresses (create paper address. fund once, spend once, destroy and never use again ) It is important to forget the private keys for these one time addresses, both so that you can never accidentally use them again, and so that they cannot later be discovered.
When spending if possible: never send to an address that has been used before: if possible ask the recipient to provide you with a new clean address. one easy way is tocheck blockchain.info to see if the address has any history. (from tor)
Be especially careful with muilti-sig DNM's, I would advise againt using multi-sig because it is even easier to find the taint and track transacitons, leading to a larger risk and lower operational security. If you have an option not to use multi-sig, then do not use it.
Always use a marketplace, never use direct communications. Always use PGP for all messages, never talk cleartext to anyone. Never finalize early.
Hopefully, one day, all markets will internally coin-join across a normally distributed coinset and never reuse addresses. This will prevent detectable taint from forming in the first place.
[2 Points] totric:
Circle
[1 Points] stashcansupplyco:
I like xapo the best. I wire the money and the coins are in my wallet in 24hrs.
[1 Points] BobsCoinSacK:
Idk I've been using Coinbase for over a year and have never received one of these warnings or have my account closed. The post i saw on here about the person getting their account closed sent coins to his coinbase account directly from a dnm not to a dnm. I always have done cb->blockchain->blockchain(tor)->helix->dnm. works for me...
[1 Points] dnmthrowahey:
Run the coins through Helix first.
Coinbase is fine. If I sold bitcoins I wouldn't want them transmitted directly to markets from my wallets either.
personally I use crypto exchanges that allow email registration and no verification. vpn/safe-mail.net accounts you can create as many wallets as you want. bounce coins thru a couple martkets/multple accounts and they become very difficult to track. If you want you can convert them to another crypto coin, send them to a different exchange and convert back to bitcoin. This is really simple shit that people are over thinking.