Why all the fuss over tumbling?

Someone has to say this on this sub. Seems like a good time to mention it after the whole Bitblender issue.

So before i get flamed by people assuming im going to say shit like "tumbling is pointless", the only reason I don't get it, is because suuuuurely it's easier to just send coins to an exchange and sell them and immediately buy them back (usually costs a dollar or something total) and boom! new coins. You can usually use any anonymous email you wish and i haven't needed to prove identity. At least thats what i do.

If im somehow massively missing the point/doing something wrong, please enlighten me oh wise ones...........


Comments


[9 Points] sp0radic:

You got it. Back when sheep marketplace went down, there was a user here that was tracking the Bitcoin movements. They eventually landed at a wallet with something like 90,000 btc, and it ended up being BTC-e's main wallet. I've used exchanges as tumblers before.

Most people just have no idea how it works. There are several distinct parts to the Bitcoin ecosystem, and you know, I'm sure, how the average person has no clue about how Bitcoin works. Let alone the mining, the exchanges, the security, the protocol the darknet markets, any of it.


[4 Points] AgoraMarket:

Wasn't this just covered (for the 37th time) literally 2 days ago?

Here's a newsflash, people: You can tumble your coins without using actual tumblers like Helix or BitFog. Use your heads and think. OP's exchange idea is one way, but there are others. "Grams" may be miffed at me for saying it, but forget his 3% fee, everyone can tumble their coins for a zero percent fee if you know what you're doing.


[1 Points] opiatethrowy:

Even if you do trace them in the blockchain. How do you know where they came from anyways? Do the wallets say 'bought from btc-e, coinbase, etc .etc. '


[1 Points] zee1000:

Do we really need another topic about this when the bitblender thread has like 99,999 posts regarding the importance or lack of with tumbling


[1 Points] None:

It wasnt until a few months ago when DNM got really, REALLY big there was an influx of people claiming "you dont have to tumble as long as ______". Up until that point, anyone that suggested not tumbling was laughed at by novices and experienced buyers and vendors alike.

Take it for what it's worth.


[-1 Points] None:

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