I want drugs and I want them NOW!
Is it essential to tumble bitcoins to silkroad or other markets?
I want drugs and I want them NOW!
[4 Points] sohhlz:
[3 Points] multiplayer_dreams_:
Tumbling doesn't take long. It's just another layer of security and you want as many of those as possible.
[2 Points] Dram-it-all:
Question... Is bitcoin tumbling actually that effective? A diligent person can track the movements through them blockchain, given enough time.
I'm starting to lean towards the altcoin exchanges as a more effective way of obfusticating transactions. For example:
I think the ability to trace the BTC would get lost when it hits the exchange wallet; and once it's converted to LTC it's on a different blockchain altogether and is that much more difficult to track.
If you really wanted to be more secure, convert your BTC to 3 (or more) different altcoins (DOGE, LTC, FTC, etc) and it makes tracking the transactions nearly impossible. Just be sure to always send the final amount to an unused wallet address (Electrum wallet is good for this) and you should be golden. Fees would probably be a little less to exchange from BTC to altcoin and back if you do it fast enough.
Any thoughts/suggestions/critiques on the process would be greatly appreciated. :)
Did you buy your bitcoins with cash from a person that has no way to ID you?
If the answer to that question is no, then you should tumble your coins if you value your freedom.