What is the point of tumbling your BitCoins? Is it really necessary? If so any good sites/programs to do so?


Comments


[5 Points] loxsey:

I always just send them straight to my market wallett, 2 years no problems and never heard of anyone having issues about this


[3 Points] Yourconscious69:

I personally find it an unnecessary step unless you are a vendor and plan to sell bulk coins so that they can not be traced back to your vendor account wallets. Otherwise just sending them from LBC or the sellers wallet to a spare wallet then to the market wallet is plenty. I am pretty sure there has not been a single known bust from tracking bitcoins through the chain but then again do whatever makes you feel comfortable because I would hate to be the first =]


[3 Points] Major_Trippy:

This question has been asked SO many times already so here is the short consensus:

  1. Some people believe tumbling is useless no matter what and a waste of money.

  2. Some believe that it always better to be safe than sorry and always tumble.

  3. Some (like me) only tumble if I purchase BTC through a process that is easily tied to my identity. So if I get BTC anonymously through a service like LBC then I wouldn't bother, but if you get it through an identity verified service like Coinbase then I would tumble.

Let's face it, almost no1 gets caught because LE backtracks their BC, most get busted because of a compromised vendor or terrible stealth packaging (something stupid like that). That being said, if you make it super easy for LE then good luck being the low hanging fruit.


[2 Points] CB2222:

Buy them anonymously and you will never need to tumble. I personally use an ATM that you insert cash and gives you bitcoin to your wallet, no identity check.


[1 Points] None:

[deleted]


[1 Points] druggieslut:

It makes you feel like a bit time mafia type person